FWP 1 n1925-x6_anxa1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-227784-05
     

 

     
 

UBS Commercial Mortgage Trust 2019-C18 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. 333-227784) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, Wells Fargo Securities, LLC, SG Americas Securities, LLC, Cantor Fitzgerald & Co., Natixis Securities Americas LLC, Academy Securities, Inc., Bancroft Capital, LLC, Brean Capital, LLC and Drexel Hamilton, LLC 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 Originator Mortgage Loan Seller(1) Cross-Collateralized and Cross-Defaulted Address City County State Zip Code General Property Type(7)(22)
1 Loan 225 Bush Deutsche Bank AG, New York Branch UBS AG No 225 Bush Street San Francisco San Francisco CA 94104 Office
2 Loan Chroma Apartments Wells Fargo Bank, National Association WFB No 4001-4041 Chouteau Avenue St. Louis St Louis MO 63110 Multifamily
3 Loan Wyndham National Hotel Portfolio UBS AG UBS AG No Various Various Various Various Various Hospitality
3.01 Property Travelodge - 2307 Wyoming Avenue UBS AG UBS AG No 2307 Wyoming Avenue Gillette Campbell WY 82718 Hospitality
3.02 Property Travelodge - 2111 Camino Del Llano UBS AG UBS AG No 2111 Camino Del Llano Belen Valencia NM 87002 Hospitality
3.03 Property Travelodge - 1170 W Flaming Gorge Way UBS AG UBS AG No 1170 West Flaming Gorge Way Green River Sweetwater WY 82935 Hospitality
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive UBS AG UBS AG No 1731 South Sunridge Drive Yuma Yuma AZ 85365 Hospitality
3.05 Property Baymont Inn & Suites - 451 Halligan Drive UBS AG UBS AG No 451 Halligan Drive North Platte Lincoln NE 69101 Hospitality
3.06 Property Baymont Inn & Suites - 1608 E Business US 60 UBS AG UBS AG No 1608 West Business Highway 60 Dexter Stoddard MO 63841 Hospitality
3.07 Property Travelodge - 1127 Pony Express Highway UBS AG UBS AG No 1127 Pony Express Highway Marysville Marshall KS 66508 Hospitality
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street UBS AG UBS AG No 1130B East 16th Street Wellington Sumner KS 67152 Hospitality
3.09 Property Travelodge - 2680 Airport Road UBS AG UBS AG No 2680 Airport Road Santa Teresa Dona Ana NM 88008 Hospitality
3.10 Property Super 8 - 720 Royal Parkway UBS AG UBS AG No 720 Royal Parkway Nashville Davidson TN 37214 Hospitality
3.11 Property Baymont Inn & Suites - 1051 North Market Street UBS AG UBS AG No 1051 North Market Street Hearne Robertson TX 77859 Hospitality
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway UBS AG UBS AG No 2700 North Diers Parkway Fremont Dodge NE 68025 Hospitality
3.13 Property Baymont Inn & Suites - 95 Spruce Road UBS AG UBS AG No 95 Spruce Road Elko Elko NV 89801 Hospitality
3.14 Property Super 8 - 2545 Cornhusker Highway UBS AG UBS AG No 2545 Cornhusker Highway Lincoln Lancaster NE 68521 Hospitality
3.15 Property Travelodge - 1110 SE 4th Street UBS AG UBS AG No 1110 Southeast 4th Street Hermiston Umatilla OR 97838 Hospitality
3.16 Property Baymont Inn & Suites - 2300 Valley West Court UBS AG UBS AG No 2300 Valley West Court Clinton Clinton IA 52732 Hospitality
3.17 Property Travelodge - 800 W Laramie Street UBS AG UBS AG No 800 West Laramie Street Guernsey Platte WY 82214 Hospitality
3.18 Property Travelodge - 22 North Frontage Road UBS AG UBS AG No 22 North Frontage Road Pecos Reeves TX 79772 Hospitality
3.19 Property Travelodge - 123 Westvaco Road UBS AG UBS AG No 123 Westvaco Road Low Moor Alleghany VA 24457 Hospitality
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue UBS AG UBS AG No 2006 North Merill Avenue Glendive Dawson MT 59330 Hospitality
3.21 Property Travelodge - 1710 Jefferson Street UBS AG UBS AG No 1710 Jefferson Street Jefferson Cole MO 65109 Hospitality
3.22 Property Travelodge - 1625 Stillwater Avenue UBS AG UBS AG No 1625 Stillwater Avenue Cheyenne Laramie WY 82009 Hospitality
3.23 Property Travelodge - 8233 Airline Highway UBS AG UBS AG No 8233 Airline Highway Livonia Pointe Coupee Parish LA 70755 Hospitality
3.24 Property Baymont Inn & Suites - 6390 US-93 UBS AG UBS AG No 6390 US-93 Whitefish Flathead MT 59937 Hospitality
3.25 Property Travelodge - 707 East Webster Street UBS AG UBS AG No 707 East Webster Street Morrill Scotts Bluff NE 69358 Hospitality
3.26 Property Travelodge - 777 West Hwy 21 UBS AG UBS AG No 777 West Highway 21 Milford Beaver UT 84751 Hospitality
3.27 Property Travelodge - 3522 North Highway 59 UBS AG UBS AG No 3522 North Highway 59 Douglas Douglas Converse WY 82633 Hospitality
3.28 Property Travelodge - 108 6th Avenue UBS AG UBS AG No 108 6th Avenue Edgemont Fall River SD 57735 Hospitality
3.29 Property Travelodge - 2200 E South Avenue UBS AG UBS AG No 2200 East South Avenue McAlester Pittsburg OK 74501 Hospitality
3.30 Property Travelodge - 128 South Willow Road UBS AG UBS AG No 128 South Willow Road Missouri Valley Harrison IA 51555 Hospitality
3.31 Property Travelodge - 1005 Highway 285 UBS AG UBS AG No 1005 Highway 285 Vaughn Guadalupe NM 88353 Hospitality
3.32 Property Days Inn - 3431 14th Avenue UBS AG UBS AG No 3431 14th Avenue Fargo Cass ND 58103 Hospitality
3.33 Property Travelodge - 2505 US 69 UBS AG UBS AG No 2505 US 69 Fort Scott Bourbon KS 66701 Hospitality
3.34 Property Baymont Inn & Suites - 3475 Union Road UBS AG UBS AG No 3475 Union Road Buffalo Erie NY 14225 Hospitality
3.35 Property Travelodge - 1706 North Park Drive UBS AG UBS AG No 1706 North Park Drive Winslow Navajo AZ 86047 Hospitality
3.36 Property Baymont Inn & Suites - 2005 East Daley Street UBS AG UBS AG No 2005 East Daley Street Rawlins Carbon WY 82301 Hospitality
3.37 Property Travelodge - 1177 E 16th Street UBS AG UBS AG No 1177 East 16th Street Wellington Sumner KS 67152 Hospitality
3.38 Property Baymont Inn & Suites - 35450 Yermo Road UBS AG UBS AG No 35450 Yermo Road Yermo San Bernardino CA 92398 Hospitality
3.39 Property Travelodge - 2407 East Holland Avenue UBS AG UBS AG No 2407 East Holland Avenue Alpine Brewster TX 79830 Hospitality
3.40 Property Travelodge - 620 Souder Road UBS AG UBS AG No 620 Souder Road Brunswick Frederick MD 21712 Hospitality
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast UBS AG UBS AG No 100 15th Street Southeast Glenwood Pope MN 56334 Hospitality
3.42 Property Travelodge - 109 East Commerce Street UBS AG UBS AG No 109 East Commerce Street Sharon Springs Wallace KS 67758 Hospitality
3.43 Property Travelodge - 4000 Siskiyou Avenue UBS AG UBS AG No 4000 Siskiyou Avenue Dunsmuir Siskiyou CA 96025 Hospitality
3.44 Property Travelodge - 98 Moffat Avenue UBS AG UBS AG No 98 Moffat Avenue Yampa Routt CO 80483 Hospitality
4 Loan Phoenix Industrial Portfolio III UBS AG UBS AG No Various Various Various Various Various Industrial
4.01 Property Galesburg UBS AG UBS AG No 1000 South Linwood Galesburg Knox IL 61401 Industrial
4.02 Property Covington UBS AG UBS AG No 4000 US-51 North Covington Tipton TN 38019 Industrial
4.03 Property Grafton UBS AG UBS AG No 900 North Street Grafton Ozaukee WI 53024 Industrial
5 Loan 3 Columbus Circle JPMorgan Chase Bank, National Association Natixis No 3 Columbus Circle New York New York NY 10019 Office
6 Loan ILPT Industrial Portfolio Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No Various Various Various Various Various Industrial
6.01 Property 1800 Union Airpark Boulevard Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 1800 Union Airpark Boulevard Union Montgomery OH 45377 Industrial
6.02 Property 4237-4255 Anson Boulevard Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 4237-4255 Anson Boulevard Whitestown Boone IN 46075 Industrial
6.03 Property 5000 Commerce Way Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 5000 Commerce Way Petersburg Dinwiddie VA 23803 Industrial
6.04 Property 5142 and 5148 North Hanley Road Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 5142 and 5148 North Hanley Road St. Louis St. Louis MO 63134 Industrial
6.05 Property 945 Monument Drive Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 945 Monument Drive Lebanon Boone IN 46052 Industrial
6.06 Property 5500 SE Delaware Ave Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 2801 Airwest Boulevard Plainfield Hendricks IN 46168 Industrial
6.07 Property 2801 Airwest Boulevard Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 20 Logistics Boulevard Walton Boone KY 41094 Industrial
6.08 Property 20 Logistics Boulevard Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 5500 Southeast Delaware Avenue Ankeny Polk IA 50021 Industrial
6.09 Property 2150 Stanley Road Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 2150 Stanley Road Plainfield Hendricks IN 46168 Industrial
6.10 Property 16101 Queens Court Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 16101 Queens Court Upper Marlboro Prince George’s MD 20774 Industrial
6.11 Property 5 Logistics Drive Morgan Stanley Bank, N.A.; UBS AG; Bank of America, N.A. UBS AG No 5 Logistics Drive Carlisle Cumberland PA 17013 Industrial
7 Loan Orfali Portfolio UBS AG UBS AG No 345, 347, 349 East 60th Street and 1097, 1099, 1101, 1103 1st Avenue New York New York NY 10022 Mixed Use
8 Loan DoubleTree New York Times Square West Leased Fee UBS AG UBS AG No 350 West 40th Street New York New York NY 10018 Other
9 Loan United Healthcare Office UBS AG UBS AG No 2716 North Tenaya Way Las Vegas Clark NV 89128 Office
10 Loan AVR Atlanta Airport SpringHill Gateway CCRE CCRE No 2091 Convention Center Concourse Atlanta Fulton GA 30337 Hospitality
11 Loan 4041 Central Wells Fargo Bank, National Association WFB No 4041 North Central Avenue Phoenix Maricopa AZ 85012 Office
12 Loan Century Plaza Towers Wells Fargo Bank, National Association; Deutche Bank AG, New York Branch; Morgan Stanley Bank, N.A. WFB No 2029 & 2049 Century Park East Los Angeles Los Angeles CA 90067 Office
13 Loan Westmont Red Roof Inn Portfolio II Natixis Real Estate Capital LLC Natixis No Various Various Various Various Various Hospitality
13.01 Property Red Roof Inn St. Clairsville Natixis Real Estate Capital LLC Natixis No 68301 Red Roof Lane St. Clairsville Belmont OH 43950 Hospitality
13.02 Property Red Roof PLUS+ Phoenix Airport Natixis Real Estate Capital LLC Natixis No 2135 West 15th Street Tempe Maricopa AZ 85281 Hospitality
13.03 Property Red Roof PLUS+ West Springfield Natixis Real Estate Capital LLC Natixis No 1254 Riverdale Street West Springfield Hampden MA 1089 Hospitality
13.04 Property Red Roof PLUS+ Chicago Naperville Natixis Real Estate Capital LLC Natixis No 1698 West Diehl Road Naperville Du Page IL 60563 Hospitality
14 Loan Crimson Retail Portfolio UBS AG UBS AG No Various Various Various Various Various Retail
14.01 Property Little Elm UBS AG UBS AG No 2700 East Eldorado Parkway Little Elm Denton TX 75068 Retail
14.02 Property South Plaza UBS AG UBS AG No 1230 South Broad Street Brooksville Hernando FL 34601 Retail
14.03 Property JoAnn Fabrics UBS AG UBS AG No 3055 Atlanta Highway Athens Clarke GA 30606 Retail
14.04 Property Office Depot UBS AG UBS AG No 3045 Atlanta Highway Athens Clarke GA 30606 Retail
15 Loan Redwood Technology Center UBS AG UBS AG No 1383 and 1385 North McDowell Avenue and 1201 Redwood Way Petaluma Sonoma CA 94954 Mixed Use
16 Loan Springhill Suites Raleigh Cary BSPRT CMBS Finance, LLC RREF No 1128 Ledsome Lane Cary Wake NC 27511 Hospitality
17 Loan Muskogee Apartments Portfolio BSPRT CMBS Finance, LLC RREF No Various Muskogee Muskogee OK 74403 Multifamily
17.01 Property Country Club BSPRT CMBS Finance, LLC RREF No 3711 Club Estates Drive Muskogee Muskogee OK 74403 Multifamily
17.02 Property Shady Hollow BSPRT CMBS Finance, LLC RREF No 200 North Country Club Road Muskogee Muskogee OK 74403 Multifamily
17.03 Property South Point BSPRT CMBS Finance, LLC RREF No 826-827 South York Street Muskogee Muskogee OK 74403 Multifamily
17.04 Property Berwick BSPRT CMBS Finance, LLC RREF No 3300 East Hancock Street Muskogee Muskogee OK 74403 Multifamily
17.05 Property Village East BSPRT CMBS Finance, LLC RREF No 103 North York Village Drive Muskogee Muskogee OK 74403 Multifamily
18 Loan 7105 - 7115 37th Avenue Natixis Real Estate Capital LLC Natixis No 71-05 and 71-15 37th Avenue Jackson Heights Queens NY 11372 Multifamily
19 Loan Carnegie Hotel Wells Fargo Bank, National Association WFB No 1216 West State of Franklin Road Johnson City Washington TN 37604 Hospitality
20 Loan Pinecrest Apartments SGFC SGFC No  515 Greenbriar Drive Normal McLean IL 61761 Multifamily
21 Loan Shoppes at Parma Ladder Capital Finance LLC RREF No 8303 West Ridgewood Drive Parma Cuyahoga OH 44129 Retail
22 Loan The Village Apartments UBS AG UBS AG No 8239 Forest Avenue Kansas City Jackson MO 64131 Multifamily
23 Loan Shelbourne Square UBS AG UBS AG No 5410, 5430, 5442, 5450, 5454, 5468, 5474, 5486, 5490, 5494, 5496, 5498, 5500, 5504, 5506, 5508, 5370 Perkiomen Avenue Reading Berks PA 19606 Retail
24 Loan Mentis Portfolio CCRE CCRE No Various Various Various TX Various Office
24.01 Property Mentis San Antonio CCRE CCRE No 18931 Hardy Oak Boulevard San Antonio Bexar TX 78258 Office
24.02 Property Mentis Round Rock CCRE CCRE No 5150 North AW Grimes Boulevard Round Rock Williamson TX 78665 Office
25 Loan Aliso Viejo Plaza CCRE CCRE No 26852, 26876-26888, 26952, 27032 & 27054-27072 La Paz Road Aliso Viejo Orange CA 92656 Retail
26 Loan Walmart Supercenter Douglasville CCRE CCRE No 7001 Concourse Parkway Douglasville Douglas GA 30134 Retail
27 Loan Medley Portfolio Ladder Capital Finance LLC RREF No Various Memphis Shelby TN Various Multifamily
27.01 Property El Dorado Apartments Ladder Capital Finance LLC RREF No 2743 Ketchum Road Memphis Shelby TN 38114 Multifamily
27.02 Property Longview Heights Apartments Ladder Capital Finance LLC RREF No 1949 & 1952 Philsar Street, 501 Fernwood Avenue and 538 Jacklyn Avenue Memphis Shelby TN 38106 Multifamily

 

A-1-1 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Mortgage Loan Originator Mortgage Loan Seller(1) Cross-Collateralized and Cross-Defaulted Address City County State Zip Code General Property Type(7)(22)
27.03 Property Barron Court Apartments Ladder Capital Finance LLC RREF No 3015 Barron Avenue Memphis Shelby TN 38114 Multifamily
27.04 Property Longview Gardens Apartments Ladder Capital Finance LLC RREF No 1715 Orleans Memphis Shelby TN 38106 Multifamily
28 Loan Courtyard - Tampa (Citrus Park) UBS AG UBS AG No 12730 Citrus Park Lane Tampa Hillsborough FL 33625 Hospitality
29 Loan 1413 Germantown Avenue CIBC Inc. RREF No 1413 Germantown Avenue Philadelphia Philadelphia PA 19122 Multifamily
30 Loan Beachwood Village SGFC SGFC No 34052 Doheny Park Road Dana Point Orange CA 92624 Manufactured Housing Community
31 Loan Global Payments, Inc. BSPRT CMBS Finance, LLC RREF No 1 Heartland Way Jeffersonville Clark IN 47130 Office
32 Loan 2701 Grand Concourse CCRE CCRE No 2701 Grand Concourse Bronx Bronx NY 10468 Multifamily
33 Loan Holiday Inn Express Lincoln CA SGFC SGFC No 155 Ferrari Ranch Road Lincoln Placer CA 95648 Hospitality
34 Loan Apple Inc. Boulder UBS AG UBS AG No 5360 Sterling Drive Boulder Boulder CO 80301 Office
35 Loan CubeSmart Penn’s Landing Wells Fargo Bank, National Association WFB No 400-456 North Columbus Boulevard Philadelphia Philadelphia PA 19123 Self Storage
36 Loan Holiday Inn Express Early SGFC SGFC No 128 Early Boulevard Early Brown TX 76802 Hospitality
37 Loan 105 Van Cortlandt Park CCRE CCRE No 105 Van Cortlandt Park Avenue Yonkers Westchester NY 10701 Multifamily
38 Loan The Ponce Hotel BSPRT CMBS Finance, LLC RREF No 1111 North Ponce de Leon Boulevard St. Augustine St. Johns FL 32084 Hospitality
39 Loan 1900 Evans Road UBS AG UBS AG No 1800, 1850, 1900, & 2000 Evans Road Melbourne Brevard FL 32904 Retail
40 Loan Rosedale Tech UBS AG UBS AG No 215 Beecham Drive and 170 Bilmar Drive Pittsburgh Allegheny PA 15205 Industrial
41 Loan Walkham Townhomes CCRE CCRE No 801 Dutton Avenue Santa Rosa Sonoma CA 95407 Multifamily
42 Loan 530 West 136th Street Ladder Capital Finance LLC RREF No 530 West 136th Street New York New York NY 10031 Multifamily
43 Loan Raintree Oaks Apartments UBS AG UBS AG No 12708 English Hills Court Tampa Hillsborough FL 33617 Multifamily
44 Loan Six Sentry Office Portfolio UBS AG UBS AG No Various Blue Bell Montgomery PA 19422 Office
44.01 Property 630 Sentry UBS AG UBS AG No 630 Sentry Parkway Blue Bell Montgomery PA 19422 Office
44.02 Property 670 Sentry UBS AG UBS AG No 670 Sentry Parkway Blue Bell Montgomery PA 19422 Office
44.03 Property 610 Sentry UBS AG UBS AG No 610 Sentry Parkway Blue Bell Montgomery PA 19422 Office
44.04 Property 620 Sentry UBS AG UBS AG No 620 Sentry Parkway Blue Bell Montgomery PA 19422 Office
45 Loan BNSF Logistics UBS AG UBS AG No 2708 South 48th Street Springdale Washington AR 72762 Office
46 Loan Airport Square CCRE CCRE No 800, 849, 900, & 930 International Drive Linthicum Heights Anne Arundel MD 21090 Office
47 Loan Days Inn by Wyndham - Florence UBS AG UBS AG No 50 Cavalier Boulevard Florence Boone KY 41042 Hospitality
48 Loan Brickyard Plaza Wells Fargo Bank, National Association WFB No 633 East 3300 South Salt Lake City Salt Lake UT 84106 Retail
49 Loan Holiday Inn Express New Albany CCRE CCRE No 300 Highway 30 West New Albany Union MS 38652 Hospitality
50 Loan CVS Brownsburg BSPRT CMBS Finance, LLC RREF No 21 West Main Street Brownsburg Hendricks IN 46112 Retail
51 Loan Orient Drive Mobile Estates Wells Fargo Bank, National Association WFB No 13025 Southeast Orient Drive Boring Clackamas OR 97009 Manufactured Housing Community
52 Loan Pomona Park Wells Fargo Bank, National Association WFB No 307 & 311 Pomona Drive and 4008 Spring Garden Street (aka 315 Pomona Drive) Greensboro Guilford NC 27407 Office
53 Loan Dollar General Tuckahoe BSPRT CMBS Finance, LLC RREF No 1435 Route 50 Tuckahoe Cape May NJ 08270 Retail
54 Loan Dollar General Rolla Ladder Capital Finance LLC RREF No 535 Cottonwood Drive Rolla Phelps MO 65401 Retail
55 Loan Dollar General Dexter Ladder Capital Finance LLC RREF No 622 East Stoddard Street Dexter Stoddard MO 63841 Retail

 

A-1-2 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Specific Property Type(7)(22) Number of Properties Year Built Year Renovated Number of Units Unit of Measure Cut-off Date Balance Per Unit/SF(3) Original Balance(3) Cut-off Date Balance(3) % of Aggregate Cut-off Date Balance Maturity Date or Anticipated Repayment Date Maturity Balance ARD Final Maturity Date Origination Date First Pay Date Payment Day
1 Loan 225 Bush CBD 1 1922 2010-2013 579,987 Sq. Ft. 351 35,000,000 35,000,000 4.7% 11/6/2024 35,000,000 No N/A 10/11/2019 12/6/2019 6
2 Loan Chroma Apartments Mid Rise 1 2018 N/A 235 Units 212,766 35,000,000 35,000,000 4.7% 11/11/2029 35,000,000 No N/A 11/4/2019 12/11/2019 11
3 Loan Wyndham National Hotel Portfolio Limited Service 44 Various Various 3,729 Rooms 38,884 35,000,000 35,000,000 4.7% 12/6/2029 24,226,934 No N/A 11/27/2019 1/6/2020 6
3.01 Property Travelodge - 2307 Wyoming Avenue Limited Service 1 2001; 2007 2016; 2017 154 Rooms   2,636,778 2,636,778 0.4%   1,825,173          
3.02 Property Travelodge - 2111 Camino Del Llano Limited Service 1 1994; 2007 N/A 158 Rooms   2,141,830 2,141,830 0.3%   1,482,570          
3.03 Property Travelodge - 1170 W Flaming Gorge Way Limited Service 1 1997 2016; 2017 192 Rooms   2,045,014 2,045,014 0.3%   1,415,555          
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive Limited Service 1 1999 2016 119 Rooms   1,835,967 1,835,967 0.2%   1,270,853          
3.05 Property Baymont Inn & Suites - 451 Halligan Drive Limited Service 1 2005 2016; 2017 135 Rooms   1,396,498 1,396,498 0.2%   966,653          
3.06 Property Baymont Inn & Suites - 1608 E Business US 60 Limited Service 1 1997; 2006; 2015 N/A 133 Rooms   1,304,005 1,304,005 0.2%   902,630          
3.07 Property Travelodge - 1127 Pony Express Highway Limited Service 1 1999; 2007 N/A 139 Rooms   1,296,008 1,296,008 0.2%   897,094          
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street Limited Service 1 2015 N/A 110 Rooms   1,217,755 1,217,755 0.2%   842,928          
3.09 Property Travelodge - 2680 Airport Road Limited Service 1 2014 N/A 56 Rooms   1,185,993 1,185,993 0.2%   820,942          
3.10 Property Super 8 - 720 Royal Parkway Limited Service 1 1989 2017 103 Rooms   1,126,553 1,126,553 0.2%   779,798          
3.11 Property Baymont Inn & Suites - 1051 North Market Street Limited Service 1 1999 N/A 140 Rooms   1,107,153 1,107,153 0.1%   766,369          
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway Limited Service 1 2007 2017; 2018 100 Rooms   1,033,014 1,033,014 0.1%   715,050          
3.13 Property Baymont Inn & Suites - 95 Spruce Road Limited Service 1 1999 N/A 119 Rooms   1,013,358 1,013,358 0.1%   701,445          
3.14 Property Super 8 - 2545 Cornhusker Highway Limited Service 1 1983; 1993 2016 132 Rooms   997,344 997,344 0.1%   690,359          
3.15 Property Travelodge - 1110 SE 4th Street Limited Service 1 2002 N/A 86 Rooms   982,609 982,609 0.1%   680,160          
3.16 Property Baymont Inn & Suites - 2300 Valley West Court Limited Service 1 2005 N/A 123 Rooms   877,512 877,512 0.1%   607,412          
3.17 Property Travelodge - 800 W Laramie Street Limited Service 1 1978; 1980 2017 95 Rooms   873,152 873,152 0.1%   604,394          
3.18 Property Travelodge - 22 North Frontage Road Limited Service 1 2001; 2008 2015 61 Rooms   865,476 865,476 0.1%   599,081          
3.19 Property Travelodge - 123 Westvaco Road Limited Service 1 2009 N/A 30 Rooms   815,093 815,093 0.1%   564,206          
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue Limited Service 1 2014 N/A 74 Rooms   793,669 793,669 0.1%   549,376          
3.21 Property Travelodge - 1710 Jefferson Street Limited Service 1 1991 2013; 2014 77 Rooms   725,555 725,555 0.1%   502,228          
3.22 Property Travelodge - 1625 Stillwater Avenue Limited Service 1 1999 2016; 2017 60 Rooms   725,182 725,182 0.1%   501,969          
3.23 Property Travelodge - 8233 Airline Highway Limited Service 1 2013 N/A 60 Rooms   712,841 712,841 0.1%   493,427          
3.24 Property Baymont Inn & Suites - 6390 US-93 Limited Service 1 1991 2017 64 Rooms   660,954 660,954 0.1%   457,511          
3.25 Property Travelodge - 707 East Webster Street Limited Service 1 1998; 1999 2015; 2016 97 Rooms   612,920 612,920 0.1%   424,262          
3.26 Property Travelodge - 777 West Hwy 21 Limited Service 1 2002; 2006 N/A 75 Rooms   583,583 583,583 0.1%   403,955          
3.27 Property Travelodge - 3522 North Highway 59 Limited Service 1 2007 2014 112 Rooms   562,889 562,889 0.1%   389,630          
3.28 Property Travelodge - 108 6th Avenue Limited Service 1 1987 2016; 2017 55 Rooms   534,565 534,565 0.1%   370,025          
3.29 Property Travelodge - 2200 E South Avenue Limited Service 1 2011 N/A 61 Rooms   516,711 516,711 0.1%   357,667          
3.30 Property Travelodge - 128 South Willow Road Limited Service 1 2006 N/A 41 Rooms   437,017 437,017 0.1%   302,502          
3.31 Property Travelodge - 1005 Highway 285 Limited Service 1 1998 N/A 60 Rooms   436,087 436,087 0.1%   301,858          
3.32 Property Days Inn - 3431 14th Avenue Limited Service 1 1993 N/A 74 Rooms   371,752 371,752 0.0%   257,326          
3.33 Property Travelodge - 2505 US 69 Limited Service 1 2001 N/A 70 Rooms   319,645 319,645 0.0%   221,258          
3.34 Property Baymont Inn & Suites - 3475 Union Road Limited Service 1 2003 N/A 56 Rooms   308,538 308,538 0.0%   213,569          
3.35 Property Travelodge - 1706 North Park Drive Limited Service 1 1982 N/A 72 Rooms   297,199 297,199 0.0%   205,720          
3.36 Property Baymont Inn & Suites - 2005 East Daley Street Limited Service 1 2006 2016; 2017 62 Rooms   285,469 285,469 0.0%   197,601          
3.37 Property Travelodge - 1177 E 16th Street Limited Service 1 1993; 1999 N/A 80 Rooms   262,406 262,406 0.0%   181,637          
3.38 Property Baymont Inn & Suites - 35450 Yermo Road Limited Service 1 2002 N/A 65 Rooms   256,007 256,007 0.0%   177,208          
3.39 Property Travelodge - 2407 East Holland Avenue Limited Service 1 2002 2014 40 Rooms   212,222 212,222 0.0%   146,899          
3.40 Property Travelodge - 620 Souder Road Limited Service 1 2014 N/A 25 Rooms   193,103 193,103 0.0%   133,666          
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast Limited Service 1 2012 N/A 56 Rooms   145,339 145,339 0.0%   100,603          
3.42 Property Travelodge - 109 East Commerce Street Limited Service 1 1997 N/A 50 Rooms   120,690 120,690 0.0%   83,541          
3.43 Property Travelodge - 4000 Siskiyou Avenue Limited Service 1 2007 2017 21 Rooms   96,552 96,552 0.0%   66,833          
3.44 Property Travelodge - 98 Moffat Avenue Limited Service 1 2001 N/A 37 Rooms   77,995 77,995 0.0%   53,988          
4 Loan Phoenix Industrial Portfolio III Various 3 Various Various 1,690,127 Sq. Ft. 18 31,100,000 31,100,000 4.2% 12/6/2029 26,283,197 No N/A 11/25/2019 1/6/2020 6
4.01 Property Galesburg Warehouse/Distribution 1 1979 1988 855,659 Sq. Ft.   10,752,000 10,752,000 1.4%   9,086,718          
4.02 Property Covington Warehouse/Distribution 1 1988 1995 488,130 Sq. Ft.   10,233,000 10,233,000 1.4%   8,648,102          
4.03 Property Grafton Warehouse/Distribution 1 1956-1979 2017 346,338 Sq. Ft.   10,115,000 10,115,000 1.4%   8,548,378          
5 Loan 3 Columbus Circle CBD 1 1927 2010-2013 753,713 Sq. Ft. 650 30,000,000 30,000,000 4.0% 3/11/2029 30,000,000 No N/A 3/12/2019 4/11/2019 11
6 Loan ILPT Industrial Portfolio Warehouse/Distribution 11 Various Various 8,209,036 Sq. Ft. 26 30,000,000 30,000,000 4.0% 11/7/2029 30,000,000 No N/A 10/21/2019 12/7/2019 7
6.01 Property 1800 Union Airpark Boulevard Warehouse/Distribution 1 2014 N/A 1,791,246 Sq. Ft.   5,182,815 5,182,815 0.7%   5,182,815          
6.02 Property 4237-4255 Anson Boulevard Warehouse/Distribution 1 2006 2011 1,036,573 Sq. Ft.   4,003,656 4,003,656 0.5%   4,003,656          
6.03 Property 5000 Commerce Way Warehouse/Distribution 1 2012 N/A 1,016,065 Sq. Ft.   3,822,669 3,822,669 0.5%   3,822,669          
6.04 Property 5142 and 5148 North Hanley Road Warehouse/Distribution 1 2016 N/A 430,986 Sq. Ft.   3,383,912 3,383,912 0.5%   3,383,912          
6.05 Property 945 Monument Drive Warehouse/Distribution 1 2014 2015 962,500 Sq. Ft.   2,808,044 2,808,044 0.4%   2,808,044          
6.06 Property 5500 SE Delaware Ave Warehouse/Distribution 1 2001 2006 644,104 Sq. Ft.   2,358,318 2,358,318 0.3%   2,358,318          
6.07 Property 2801 Airwest Boulevard Warehouse/Distribution 1 2006 N/A 804,586 Sq. Ft.   2,254,113 2,254,113 0.3%   2,254,113          
6.08 Property 20 Logistics Boulevard Warehouse/Distribution 1 2012 2019 603,586 Sq. Ft.   1,782,450 1,782,450 0.2%   1,782,450          
6.09 Property 2150 Stanley Road Warehouse/Distribution 1 2007 N/A 493,500 Sq. Ft.   1,656,307 1,656,307 0.2%   1,656,307          
6.10 Property 16101 Queens Court Warehouse/Distribution 1 2016 N/A 220,800 Sq. Ft.   1,617,916 1,617,916 0.2%   1,617,916          
6.11 Property 5 Logistics Drive Warehouse/Distribution 1 2016 N/A 205,090 Sq. Ft.   1,129,799 1,129,799 0.2%   1,129,799          
7 Loan Orfali Portfolio Multifamily/Retail 1 1910 1985, 1987, 1988, 1995, 2011 115 Sq. Ft. 260,870 30,000,000 30,000,000 4.0% 12/6/2029 30,000,000 No N/A 11/20/2019 1/6/2020 6
8 Loan DoubleTree New York Times Square West Leased Fee Leased Fee 1 2017 N/A 612 Rooms 94,771 28,000,000 28,000,000 3.8% 12/6/2029 28,000,000 No N/A 11/25/2019 1/6/2020 6
9 Loan United Healthcare Office Suburban 1 1998 2016 204,123 Sq. Ft. 229 26,800,000 26,800,000 3.6% 10/6/2024 25,609,986 No N/A 10/4/2019 11/6/2019 6
10 Loan AVR Atlanta Airport SpringHill Gateway Limited Service 1 2009 2018 147 Rooms 162,245 23,850,000 23,850,000 3.2% 12/1/2029 23,850,000 No N/A 11/27/2019 1/1/2020 1
11 Loan 4041 Central CBD 1 1980 2016 406,453 Sq. Ft. 104 23,000,000 22,931,847 3.1% 10/11/2029 18,044,962 No N/A 10/3/2019 11/11/2019 11
12 Loan Century Plaza Towers CBD 1 1975 2015 2,401,641 Sq. Ft. 375 20,000,000 20,000,000 2.7% 11/9/2029 20,000,000 No N/A 10/21/2019 12/9/2019 9
13 Loan Westmont Red Roof Inn Portfolio II Limited Service 4 Various Various 463 Rooms 38,075 17,692,093 17,628,611 2.4% 10/5/2029 12,907,211 No N/A 9/25/2019 11/5/2019 5
13.01 Property Red Roof Inn St. Clairsville Limited Service 1 1983 2014 108 Rooms   5,720,000 5,699,476 0.8%   4,173,008          
13.02 Property Red Roof PLUS+ Phoenix Airport Limited Service 1 1999 2016 125 Rooms   4,988,372 4,970,473 0.7%   3,639,251          
13.03 Property Red Roof PLUS+ West Springfield Limited Service 1 1988 2012 111 Rooms   3,525,116 3,512,468 0.5%   2,571,737          
13.04 Property Red Roof PLUS+ Chicago Naperville Limited Service 1 1989 2012 119 Rooms   3,458,605 3,446,195 0.5%   2,523,214          
14 Loan Crimson Retail Portfolio Various 4 Various Various 318,378 Sq. Ft. 104 16,556,250 16,556,250 2.2% 11/6/2029 14,059,002 No N/A 10/24/2019 12/6/2019 6
14.01 Property Little Elm Anchored 1 2007 N/A 149,654 Sq. Ft.   11,013,500 11,013,500 1.5%   9,352,288          
14.02 Property South Plaza Anchored 1 1974, 1977, 1980 N/A 127,224 Sq. Ft.   3,333,000 3,333,000 0.4%   2,830,270          
14.03 Property JoAnn Fabrics Single Tenant 1 2003 2019 21,500 Sq. Ft.   1,141,000 1,141,000 0.2%   968,898          
14.04 Property Office Depot Single Tenant 1 2003 N/A 20,000 Sq. Ft.   1,068,750 1,068,750 0.1%   907,546          
15 Loan Redwood Technology Center Office/Retail 1 2007-2014 N/A 154,611 Sq. Ft. 236 16,500,000 16,500,000 2.2% 11/6/2029 15,103,522 No N/A 11/8/2019 12/6/2019 6
16 Loan Springhill Suites Raleigh Cary Select Service 1 2014 N/A 130 Rooms 113,462 14,750,000 14,750,000 2.0% 12/6/2029 11,692,379 No N/A 11/22/2019 1/6/2020 6
17 Loan Muskogee Apartments Portfolio Garden 5 Various N/A 601 Units 24,459 14,700,000 14,700,000 2.0% 12/6/2029 13,431,853 No N/A 11/22/2019 1/6/2020 6
17.01 Property Country Club Garden 1 1974 N/A 240 Units   6,100,000 6,100,000 0.8%   5,573,762          
17.02 Property Shady Hollow Garden 1 1980 N/A 148 Units   3,600,000 3,600,000 0.5%   3,289,433          
17.03 Property South Point Garden 1 1977 N/A 93 Units   2,200,000 2,200,000 0.3%   2,010,209          
17.04 Property Berwick Garden 1 1980 N/A 72 Units   1,800,000 1,800,000 0.2%   1,644,717          
17.05 Property Village East Garden 1 1960 N/A 48 Units   1,000,000 1,000,000 0.1%   913,731          
18 Loan 7105 - 7115 37th Avenue Mid Rise 1 1920 N/A 106 Units 136,792 14,500,000 14,500,000 2.0% 9/5/2029 14,500,000 No N/A 8/9/2019 10/5/2019 5
19 Loan Carnegie Hotel Full Service 1 2000 N/A 138 Rooms 105,072 14,500,000 14,500,000 2.0% 12/11/2029 11,466,539 No N/A 11/25/2019 1/11/2020 11
20 Loan Pinecrest Apartments Garden 1 1972 2017 313 Units 45,367 14,200,000 14,200,000 1.9% 12/01/2029 14,200,000 No N/A 11/14/2019 01/01/2020 1
21 Loan Shoppes at Parma Anchored 1 1955 2016 726,275 Sq. Ft. 79 14,000,000 14,000,000 1.9% 12/6/2029 11,194,052 No N/A 11/15/2019 1/6/2020 6
22 Loan The Village Apartments Garden 1 1945 2019 445 Units 31,461 14,000,000 14,000,000 1.9% 12/6/2029 11,202,003 No N/A 11/20/2019 1/6/2020 6
23 Loan Shelbourne Square Anchored 1 1991 N/A 262,499 Sq. Ft. 52 13,550,000 13,550,000 1.8% 12/6/2029 9,741,170 No N/A 11/25/2019 1/6/2020 6
24 Loan Mentis Portfolio Medical 2 2018 N/A 34,473 Sq. Ft. 389 13,395,000 13,395,000 1.8% 12/1/2029 11,371,504 No N/A 11/21/2019 1/1/2020 1
24.01 Property Mentis San Antonio Medical 1 2018 N/A 19,334 Sq. Ft.   7,473,917 7,473,917 1.0%   6,344,880          
24.02 Property Mentis Round Rock Medical 1 2018 N/A 15,139 Sq. Ft.   5,921,083 5,921,083 0.8%   5,026,623          
25 Loan Aliso Viejo Plaza Shadow Anchored 1 1987 N/A 35,800 Sq. Ft. 363 13,000,000 13,000,000 1.7% 12/1/2029 13,000,000 No N/A 11/19/2019 1/1/2020 1
26 Loan Walmart Supercenter Douglasville Single Tenant 1 1999 N/A 222,511 Sq. Ft. 57 12,700,000 12,700,000 1.7% 12/1/2029 12,700,000 No N/A 11/15/2019 1/1/2020 1
27 Loan Medley Portfolio Garden 4 Various 2017 538 Units 22,305 12,000,000 12,000,000 1.6% 11/6/2029 10,120,398 No N/A 10/21/2019 12/6/2019 6
27.01 Property El Dorado Apartments Garden 1 1971 2017 188 Units   4,400,000 4,400,000 0.6%   3,710,813          
27.02 Property Longview Heights Apartments Garden 1 1950 2017 160 Units   3,200,000 3,200,000 0.4%   2,698,773          

 

A-1-3 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Specific Property Type(7)(22) Number of Properties Year Built Year Renovated Number of Units Unit of Measure Cut-off Date Balance Per Unit/SF(3) Original Balance(3) Cut-off Date Balance(3) % of Aggregate Cut-off Date Balance Maturity Date or Anticipated Repayment Date Maturity Balance ARD Final Maturity Date Origination Date First Pay Date Payment Day
27.03 Property Barron Court Apartments Garden 1 1973 2017 85 Units   2,200,000 2,200,000 0.3%   1,855,406          
27.04 Property Longview Gardens Apartments Garden 1 1948 2017 105 Units   2,200,000 2,200,000 0.3%   1,855,406          
28 Loan Courtyard - Tampa (Citrus Park) Select Service 1 2018 N/A 128 Rooms 92,969 11,900,000 11,900,000 1.6% 12/6/2029 10,202,188 No N/A 11/19/2019 1/6/2020 6
29 Loan 1413 Germantown Avenue Mid Rise 1 2018 N/A 50 Units 236,000 11,800,000 11,800,000 1.6% 12/1/2029 9,367,504 No N/A 11/12/2019 1/1/2020 1
30 Loan Beachwood Village Manufactured Housing Community 1 1965 N/A 79 Pads 139,241 11,000,000 11,000,000 1.5% 12/01/2029 11,000,000 No N/A 11/20/2019 01/01/2020 1
31 Loan Global Payments, Inc. Suburban 1 2006 2011 226,304 Sq. Ft. 129 10,000,000 10,000,000 1.3% 11/6/2029 10,000,000 Yes 11/6/2034 10/15/2019 12/6/2019 6
32 Loan 2701 Grand Concourse Mid Rise 1 1924 1991 65 Units 150,769 9,800,000 9,800,000 1.3% 12/1/2029 9,800,000 No N/A 11/22/2019 1/1/2020 1
33 Loan Holiday Inn Express Lincoln CA Limited Service 1 2007 N/A 87 Rooms 103,448 9,000,000 9,000,000 1.2% 12/01/2029 8,082,184 No N/A 11/14/2019 01/01/2020 1
34 Loan Apple Inc. Boulder Suburban 1 2000 2018 38,263 Sq. Ft. 233 8,900,000 8,900,000 1.2% 12/6/2029 8,900,000 No N/A 11/21/2019 1/6/2020 6
35 Loan CubeSmart Penn’s Landing Self Storage 1 1988 N/A 59,000 Sq. Ft. 145 8,550,000 8,550,000 1.1% 12/11/2024 8,550,000 No N/A 11/20/2019 1/11/2020 11
36 Loan Holiday Inn Express Early Limited Service 1 2018 N/A 74 Rooms 113,514 8,400,000 8,400,000 1.1% 12/01/2029 6,080,879 No N/A 11/27/2019 01/01/2020 1
37 Loan 105 Van Cortlandt Park Mid Rise 1 1975 2017 49 Units 165,306 8,100,000 8,100,000 1.1% 12/6/2029 7,323,036 No N/A 11/25/2019 1/6/2020 6
38 Loan The Ponce Hotel Limited Service 1 1988 2018 83 Rooms 90,361 7,500,000 7,500,000 1.0% 12/6/2029 5,241,797 No N/A 11/26/2019 1/6/2020 6
39 Loan 1900 Evans Road Anchored 1 1984-1994 N/A 108,199 Sq. Ft. 69 7,500,000 7,500,000 1.0% 12/6/2029 5,921,178 No N/A 11/26/2019 1/6/2020 6
40 Loan Rosedale Tech Flex 1 1987 2005 153,270 Sq. Ft. 49 7,500,000 7,500,000 1.0% 12/6/2029 7,500,000 No N/A 11/27/2019 1/6/2020 6
41 Loan Walkham Townhomes Garden 1 1986 2017 27 Units 249,630 6,740,000 6,740,000 0.9% 12/1/2029 6,740,000 No N/A 11/22/2019 1/1/2020 1
42 Loan 530 West 136th Street Mid Rise 1 1926 1985 38 Units 171,711 6,525,000 6,525,000 0.9% 11/6/2029 6,525,000 No N/A 11/6/2019 12/6/2019 6
43 Loan Raintree Oaks Apartments Garden 1 1976, 1977, 1982, 1983 N/A 112 Units 58,036 6,500,000 6,500,000 0.9% 12/6/2029 5,239,764 No N/A 11/18/2019 1/6/2020 6
44 Loan Six Sentry Office Portfolio Suburban 4 1986 N/A 74,390 Sq. Ft. 83 6,150,000 6,150,000 0.8% 12/6/2029 4,959,171 No N/A 11/14/2019 1/6/2020 6
44.01 Property 630 Sentry Suburban 1 1986 N/A 25,749 Sq. Ft.   2,085,965 2,085,965 0.3%   1,682,058          
44.02 Property 670 Sentry Suburban 1 1986 N/A 17,152 Sq. Ft.   1,438,596 1,438,596 0.2%   1,160,040          
44.03 Property 610 Sentry Suburban 1 1986 N/A 15,914 Sq. Ft.   1,366,667 1,366,667 0.2%   1,102,038          
44.04 Property 620 Sentry Suburban 1 1986 N/A 15,575 Sq. Ft.   1,258,772 1,258,772 0.2%   1,015,035          
45 Loan BNSF Logistics Suburban 1 2019 N/A 27,465 Sq. Ft. 196 5,395,000 5,395,000 0.7% 12/6/2029 4,608,277 No N/A 11/20/2019 1/6/2020 6
46 Loan Airport Square Suburban 1 1986, 1987, 1988, 1990 2014; 2018 232,936 Sq. Ft. 129 5,000,000 4,993,049 0.7% 11/6/2029 4,000,527 No N/A 11/4/2019 12/6/2019 6
47 Loan Days Inn by Wyndham - Florence Limited Service 1 1990 2014-2018 115 Rooms 40,870 4,700,000 4,700,000 0.6% 12/6/2029 3,432,629  No N/A 11/22/2019 1/6/2020 6
48 Loan Brickyard Plaza Unanchored 1 1977 2019 47,718 Sq. Ft. 84 4,000,000 4,000,000 0.5% 11/11/2029 4,000,000 No N/A 10/28/2019 12/11/2019 11
49 Loan Holiday Inn Express New Albany Limited Service 1 1996 2011 75 Rooms 47,333 3,550,000 3,550,000 0.5% 12/1/2029 2,638,106 No N/A 11/22/2019 1/1/2020 1
50 Loan CVS Brownsburg Single Tenant 1 1999 2019 10,125 Sq. Ft. 301 3,050,000 3,050,000 0.4% 12/6/2029 2,446,481 No N/A 11/19/2019 1/6/2020 6
51 Loan Orient Drive Mobile Estates Manufactured Housing Community 1 1975 N/A 51 Pads 52,941 2,700,000 2,700,000 0.4% 12/11/2029 2,455,903 No N/A 11/13/2019 1/11/2020 11
52 Loan Pomona Park Flex 1 1980 1995 54,716 Sq. Ft. 49 2,675,000 2,667,792 0.4% 11/11/2029 1,624,201 No N/A 10/28/2019 12/11/2019 11
53 Loan Dollar General Tuckahoe Single Tenant 1 2018 N/A 7,489 Sq. Ft. 160 1,200,000 1,200,000 0.2% 12/6/2029 988,850 No N/A 11/20/2019 1/6/2020 6
54 Loan Dollar General Rolla Single Tenant 1 2019 N/A 9,026 Sq. Ft. 102 924,000 924,000 0.1% 12/6/2029 924,000 Yes 7/6/2034 11/27/2019 1/6/2020 6
55 Loan Dollar General Dexter Single Tenant 1 2019 N/A 9,002 Sq. Ft. 96 861,000 861,000 0.1% 12/6/2029 861,000 Yes 4/6/2034 11/27/2019 1/6/2020 6

 

A-1-4 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Gross Mortgage Rate Total Administrative Fee 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 Original IO Term Remaining IO Term Original Amortization Term Remaining Amortization Term Seasoning Prepayment Provisions(5)(6) Grace Period Default Grace Period Late
1 Loan 225 Bush 3.303000% 0.014780% 3.288220% N/A Actual/360 97,675.52  Full IO 60 59 60 59 0 0 1 LO(25);DEF(29);O(6) 0 0
2 Loan Chroma Apartments 3.962000% 0.014780% 3.947220% N/A Actual/360 117,484.30  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0
3 Loan Wyndham National Hotel Portfolio 4.850000% 0.014780% 4.835220% N/A Actual/360 213,211.71  Amortizing 120 120 0 0 270 270 0 LO(24);YM2(92);O(4) 0 0
3.01 Property Travelodge - 2307 Wyoming Avenue                                   
3.02 Property Travelodge - 2111 Camino Del Llano                                   
3.03 Property Travelodge - 1170 W Flaming Gorge Way                                   
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive                                   
3.05 Property Baymont Inn & Suites - 451 Halligan Drive                                   
3.06 Property Baymont Inn & Suites - 1608 E Business US 60                                   
3.07 Property Travelodge - 1127 Pony Express Highway                                   
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street                                   
3.09 Property Travelodge - 2680 Airport Road                                   
3.10 Property Super 8 - 720 Royal Parkway                                   
3.11 Property Baymont Inn & Suites - 1051 North Market Street                                   
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway                                   
3.13 Property Baymont Inn & Suites - 95 Spruce Road                                   
3.14 Property Super 8 - 2545 Cornhusker Highway                                   
3.15 Property Travelodge - 1110 SE 4th Street                                   
3.16 Property Baymont Inn & Suites - 2300 Valley West Court                                   
3.17 Property Travelodge - 800 W Laramie Street                                   
3.18 Property Travelodge - 22 North Frontage Road                                   
3.19 Property Travelodge - 123 Westvaco Road                                   
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue                                   
3.21 Property Travelodge - 1710 Jefferson Street                                   
3.22 Property Travelodge - 1625 Stillwater Avenue                                   
3.23 Property Travelodge - 8233 Airline Highway                                   
3.24 Property Baymont Inn & Suites - 6390 US-93                                   
3.25 Property Travelodge - 707 East Webster Street                                   
3.26 Property Travelodge - 777 West Hwy 21                                   
3.27 Property Travelodge - 3522 North Highway 59                                   
3.28 Property Travelodge - 108 6th Avenue                                   
3.29 Property Travelodge - 2200 E South Avenue                                   
3.30 Property Travelodge - 128 South Willow Road                                   
3.31 Property Travelodge - 1005 Highway 285                                   
3.32 Property Days Inn - 3431 14th Avenue                                   
3.33 Property Travelodge - 2505 US 69                                   
3.34 Property Baymont Inn & Suites - 3475 Union Road                                   
3.35 Property Travelodge - 1706 North Park Drive                                   
3.36 Property Baymont Inn & Suites - 2005 East Daley Street                                   
3.37 Property Travelodge - 1177 E 16th Street                                   
3.38 Property Baymont Inn & Suites - 35450 Yermo Road                                   
3.39 Property Travelodge - 2407 East Holland Avenue                                   
3.40 Property Travelodge - 620 Souder Road                                   
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast                                   
3.42 Property Travelodge - 109 East Commerce Street                                   
3.43 Property Travelodge - 4000 Siskiyou Avenue                                   
3.44 Property Travelodge - 98 Moffat Avenue                                   
4 Loan Phoenix Industrial Portfolio III 4.115000% 0.014780% 4.100220% N/A Actual/360 150,545.43  Partial IO 120 120 24 24 360 360 0 LO(24);DEF(90);O(6) 0 0
4.01 Property Galesburg                                   
4.02 Property Covington                                   
4.03 Property Grafton                                   
5 Loan 3 Columbus Circle 3.914000% 0.016030% 3.897970% N/A Actual/360 99,209.03  Full IO 120 111 120 111 0 0 9 LO(33);DEF(82);O(5) 0 5
6 Loan ILPT Industrial Portfolio 2.653260% 0.016030% 2.637230% N/A Actual/360 67,252.77  Full IO 120 119 120 119 0 0 1 LO(25);DEF/YM1(88);O(7) 0 0
6.01 Property 1800 Union Airpark Boulevard                                   
6.02 Property 4237-4255 Anson Boulevard                                   
6.03 Property 5000 Commerce Way                                   
6.04 Property 5142 and 5148 North Hanley Road                                   
6.05 Property 945 Monument Drive                                   
6.06 Property 5500 SE Delaware Ave                                   
6.07 Property 2801 Airwest Boulevard                                   
6.08 Property 20 Logistics Boulevard                                   
6.09 Property 2150 Stanley Road                                   
6.10 Property 16101 Queens Court                                   
6.11 Property 5 Logistics Drive                                   
7 Loan Orfali Portfolio 3.470000% 0.014780% 3.455220% N/A Actual/360 87,954.86  Full IO 120 120 120 120 0 0 0 LO(24);DEF(89);O(7) 0 0
8 Loan DoubleTree New York Times Square West Leased Fee 3.660720% 0.014780% 3.645940% N/A Actual/360 86,603.14  Full IO 120 120 120 120 0 0 0 LO(6);YM1(107);O(7) 0 0
9 Loan United Healthcare Office 4.979480% 0.014780% 4.964700% N/A Actual/360 143,532.28  Partial IO 60 58 24 22 360 360 2 LO(26);DEF(30);O(4) 0 0
10 Loan AVR Atlanta Airport SpringHill Gateway 3.785000% 0.034780% 3.750220% N/A Actual/360 76,271.69  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 4 times - 10 days
11 Loan 4041 Central 3.660000% 0.014780% 3.645220% N/A Actual/360 105,345.41  Amortizing 120 118 0 0 360 358 2 LO(26);DEF(87);O(7) 0 0
12 Loan Century Plaza Towers 3.004500% 0.014780% 2.989720% N/A Actual/360 50,909.58  Full IO 120 119 120 119 0 0 1 YM1(25);DEF/YM1(90);O(5) 0 0 (1 grace period of 10 business days every calendar year)
13 Loan Westmont Red Roof Inn Portfolio II 4.340000% 0.014780% 4.325220% N/A Actual/360 96,738.59  Amortizing 120 118 0 0 300 298 2 LO(26);DEF(90);O(4) 0 0
13.01 Property Red Roof Inn St. Clairsville                                   
13.02 Property Red Roof PLUS+ Phoenix Airport                                   
13.03 Property Red Roof PLUS+ West Springfield                                   
13.04 Property Red Roof PLUS+ Chicago Naperville                                   
14 Loan Crimson Retail Portfolio 3.786000% 0.014780% 3.771220% N/A Actual/360 77,013.18  Partial IO 120 119 30 29 360 360 1 LO(25);DEF(88);O(7) 0 0
14.01 Property Little Elm                                   
14.02 Property South Plaza                                   
14.03 Property JoAnn Fabrics                                   
14.04 Property Office Depot                                   
15 Loan Redwood Technology Center 4.522000% 0.014780% 4.507220% N/A Actual/360 83,818.90  Partial IO 120 119 60 59 360 360 1 LO(25);DEF(90);O(5) 0 0
16 Loan Springhill Suites Raleigh Cary 3.940000% 0.014780% 3.925220% N/A Actual/360 69,909.50  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
17 Loan Muskogee Apartments Portfolio 4.410000% 0.014780% 4.395220% N/A Actual/360 73,698.71  Partial IO 120 120 60 60 360 360 0 LO(24);DEF(92);O(4) 0 0
17.01 Property Country Club                                   
17.02 Property Shady Hollow                                   
17.03 Property South Point                                   
17.04 Property Berwick                                   
17.05 Property Village East                                   
18 Loan 7105 - 7115 37th Avenue 4.600000% 0.014780% 4.585220% N/A Actual/360 56,355.32  Full IO 120 117 120 117 0 0 3 LO(27);DEF(90);O(3) 0 0
19 Loan Carnegie Hotel 3.874000% 0.014780% 3.859220% N/A Actual/360 68,176.08  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
20 Loan Pinecrest Apartments 3.620000% 0.014780% 3.605220% N/A Actual/360 43,431.62  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0
21 Loan Shoppes at Parma 4.180000% 0.014780% 4.165220% N/A Actual/360 68,299.08  Amortizing 120 120 0 0 360 360 0 LO(36);DEF(80);O(4) 0 0
22 Loan The Village Apartments 4.200000% 0.014780% 4.185220% N/A Actual/360 68,462.40  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
23 Loan Shelbourne Square 3.963000% 0.014780% 3.948220% N/A Actual/360 71,245.36  Amortizing 120 120 0 0 300 300 0 LO(12);YM1(101);O(7) 0 0
24 Loan Mentis Portfolio 4.278000% 0.034780% 4.243220% N/A Actual/360 66,115.10  Partial IO 120 120 24 24 360 360 0 LO(24);DEF(92);O(4) 0 0
24.01 Property Mentis San Antonio                                   
24.02 Property Mentis Round Rock                                   
25 Loan Aliso Viejo Plaza 3.295000% 0.034780% 3.260220% N/A Actual/360 36,191.61  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 5 2 times - 5 days
26 Loan Walmart Supercenter Douglasville 3.350000% 0.034780% 3.315220% N/A Actual/360 35,946.59  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 5 0
27 Loan Medley Portfolio 4.042000% 0.014780% 4.027220% N/A Actual/360 57,580.78  Partial IO 120 119 24 23 360 360 1 LO(25);DEF(92);O(3) 0 0
27.01 Property El Dorado Apartments                                   
27.02 Property Longview Heights Apartments                                   

 

A-1-5 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Gross Mortgage Rate Total Administrative Fee 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 Original IO Term Remaining IO Term Original Amortization Term Remaining Amortization Term Seasoning Prepayment Provisions(5)(6) Grace Period Default Grace Period Late
27.03 Property Barron Court Apartments                                   
27.04 Property Longview Gardens Apartments                                   
28 Loan Courtyard - Tampa (Citrus Park) 4.644000% 0.014780% 4.629220% N/A Actual/360 61,317.99  Partial IO 120 120 24 24 360 360 0 LO(24);DEF(92);O(4) 0 0
29 Loan 1413 Germantown Avenue 3.980000% 0.014780% 3.965220% N/A Actual/360 56,199.03  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 7 7
30 Loan Beachwood Village 3.570000% 0.014780% 3.555220% N/A Actual/360 33,179.51  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 5
31 Loan Global Payments, Inc. 3.850000% 0.016030% 3.833970% 6.350000% Actual/360 32,528.94  Full IO, ARD 120 119 120 119 0 0 1 YM(25);DEF/YM(91);O(4) 2 times - 5 days 0
32 Loan 2701 Grand Concourse 3.990000% 0.034780% 3.955220% N/A Actual/360 33,037.57  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0
33 Loan Holiday Inn Express Lincoln CA 4.630000% 0.014780% 4.615220% N/A Actual/360 46,299.49  Partial IO 120 120 48 48 360 360 0 LO(59);YM1(57);O(4) 5 0
34 Loan Apple Inc. Boulder 4.031000% 0.014780% 4.016220% N/A Actual/360 30,311.81  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0
35 Loan CubeSmart Penn’s Landing 4.650000% 0.044780% 4.605220% N/A Actual/360 33,683.44  Full IO 60 60 60 60 0 0 0 LO(24);DEF(32);O(4) 0 0
36 Loan Holiday Inn Express Early 4.140000% 0.014780% 4.125220% N/A Actual/360 44,990.20  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0
37 Loan 105 Van Cortlandt Park 3.780000% 0.034780% 3.745220% N/A Actual/360 37,650.38  Partial IO 120 120 60 60 360 360 0 LO(24);DEF(93);O(3) 0 0
38 Loan The Ponce Hotel 5.100000% 0.014780% 5.085220% N/A Actual/360 46,751.39  Amortizing 120 120 0 0 270 270 0 LO(24);DEF(92);O(4) 0 0
39 Loan 1900 Evans Road 3.829000% 0.014780% 3.814220% N/A Actual/360 35,070.73  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
40 Loan Rosedale Tech 3.730000% 0.014780% 3.715220% N/A Actual/360 23,636.28  Full IO 120 120 120 120 0 0 0 LO(24);DEF(91);O(5) 0 0
41 Loan Walkham Townhomes 3.930000% 0.034780% 3.895220% N/A Actual/360 22,380.08  Full IO 120 120 120 120 0 0 0 LO(24);DEF(93);O(3) 0 0
42 Loan 530 West 136th Street 4.714000% 0.014780% 4.699220% N/A Actual/360 25,988.38  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0
43 Loan Raintree Oaks Apartments 4.412000% 0.014780% 4.397220% N/A Actual/360 32,595.55  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
44 Loan Six Sentry Office Portfolio 4.421000% 0.014780% 4.406220% N/A Actual/360 30,873.13  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
44.01 Property 630 Sentry                                   
44.02 Property 670 Sentry                                   
44.03 Property 610 Sentry                                   
44.04 Property 620 Sentry                                   
45 Loan BNSF Logistics 3.497000% 0.014780% 3.482220% N/A Actual/360 24,216.93  Partial IO 120 120 36 36 360 360 0 LO(24);DEF(92);O(4) 0 0
46 Loan Airport Square 4.200000% 0.034780% 4.165220% N/A Actual/360 24,450.86  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(92);O(3) 0 0
47 Loan Days Inn by Wyndham - Florence 4.369000% 0.014780% 4.354220% N/A Actual/360 25,775.89   Amortizing   120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0
48 Loan Brickyard Plaza 3.946000% 0.014780% 3.931220% N/A Actual/360 13,372.56  Full IO 120 119 120 119 0 0 1 LO(25);YM1(91);O(4) 0 0
49 Loan Holiday Inn Express New Albany 4.830000% 0.034780% 4.795220% N/A Actual/360 20,402.86  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(93);O(3) 0 0
50 Loan CVS Brownsburg 4.270000% 0.014780% 4.255220% N/A Actual/360 15,039.90  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0
51 Loan Orient Drive Mobile Estates 4.135000% 0.014780% 4.120220% N/A Actual/360 13,101.23  Partial IO 120 120 60 60 360 360 0 LO(24);DEF/YM1(92);O(4) 0 0
52 Loan Pomona Park 4.104000% 0.014780% 4.089220% N/A Actual/360 16,356.94  Amortizing 120 119 0 0 240 239 1 LO(25);DEF(91);O(4) 0 0
53 Loan Dollar General Tuckahoe 4.200000% 0.014780% 4.185220% N/A Actual/360 5,868.21  Partial IO 120 120 12 12 360 360 0 LO(24);DEF(92);O(4) 0 0
54 Loan Dollar General Rolla 4.760000% 0.014780% 4.745220% 8.760000% Actual/360 3,716.11  Full IO, ARD 120 120 120 120 0 0 0 YM(24);DEF/YM(89);O(7) 0 0
55 Loan Dollar General Dexter 5.190000% 0.014780% 5.175220% 9.190000% Actual/360 3,775.54  Full IO, ARD 120 120 120 120 0 0 0 YM(24);DEF/YM(89);O(7) 0 0

 

A-1-6 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Grace Period at Maturity Default Appraised Value(4)(20) Appraisal Date(4) U/W NOI DSCR(3) U/W NCF DSCR(3) Cut-off Date LTV Ratio(3)(4) LTV Ratio at Maturity or ARD(3)(4) U/W NOI Debt Yield(3) U/W NCF Debt Yield(3) U/W EGI(23) U/W Expenses U/W NOI U/W Replacement U/W TI/LC U/W NCF(24) Occupancy Rate(10) Occupancy
as-of Date
Most Recent Operating Statement Date Most Recent EGI Most Recent Expenses Most Recent NOI
1 Loan 225 Bush 0 589,000,000 9/5/2019 4.00 3.85 34.6% 34.6% 13.4% 12.9% 41,830,321 14,566,655 27,263,666 115,997 869,981 26,277,688 97.8% 9/30/2019 TTM 8/31/2019 36,531,101 12,018,844 24,512,257
2 Loan Chroma Apartments 0 73,000,000 8/23/2019 1.85 1.81 68.5% 68.5% 7.4% 7.3% 5,228,508 1,506,335 3,722,173 62,670 22,388 3,637,115 95.3% 10/30/2019 TTM 9/30/2019 3,001,813 1,450,803 1,551,010
3 Loan Wyndham National Hotel Portfolio 0 215,000,000 8/1/2019 2.20 1.94 67.4% 46.7% 16.1% 14.2% 70,792,181 47,422,552 23,369,629 2,831,687 0 20,537,942 71.7% 8/31/2019 TTM 8/31/2019 70,792,181 47,757,359 23,034,823
3.01 Property Travelodge - 2307 Wyoming Avenue   15,100,000 8/1/2019             2,576,754 905,283 1,671,471 103,070 0 1,568,401 38.9% 8/31/2019 TTM 8/31/2019 2,576,754 898,669 1,678,085
3.02 Property Travelodge - 2111 Camino Del Llano   10,800,000 8/1/2019             3,134,604 1,737,042 1,397,562 125,384 0 1,272,178 94.7% 8/31/2019 TTM 8/31/2019 3,134,604 1,731,677 1,402,927
3.03 Property Travelodge - 1170 W Flaming Gorge Way   13,300,000 8/1/2019             3,184,671 1,825,747 1,358,924 127,387 0 1,231,538 65.2% 8/31/2019 TTM 8/31/2019 3,184,671 1,834,259 1,350,413
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive   11,000,000 8/1/2019             3,419,480 2,166,575 1,252,905 136,779 0 1,116,126 92.0% 8/31/2019 TTM 8/31/2019 3,419,480 2,185,682 1,233,799
3.05 Property Baymont Inn & Suites - 451 Halligan Drive   8,700,000 8/1/2019             2,886,336 1,902,675 983,661 115,453 0 868,208 74.4% 8/31/2019 TTM 8/31/2019 2,886,336 1,935,139 951,197
3.06 Property Baymont Inn & Suites - 1608 E Business US 60   9,200,000 8/1/2019             2,134,156 1,244,090 890,067 85,366 0 804,700 74.0% 8/31/2019 TTM 8/31/2019 2,134,156 1,262,981 871,175
3.07 Property Travelodge - 1127 Pony Express Highway   9,300,000 8/1/2019             2,157,070 1,287,376 869,694 86,283 0 783,411 56.7% 8/31/2019 TTM 8/31/2019 2,157,070 1,292,838 864,233
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street   8,900,000 8/1/2019             1,973,935 1,159,160 814,775 78,957 0 735,818 91.0% 8/31/2019 TTM 8/31/2019 1,973,935 964,193 1,009,742
3.09 Property Travelodge - 2680 Airport Road   5,600,000 8/1/2019             1,684,365 899,216 785,149 67,375 0 717,775 83.4% 8/31/2019 TTM 8/31/2019 1,684,365 907,047 777,319
3.10 Property Super 8 - 720 Royal Parkway   8,000,000 8/1/2019             2,312,179 1,478,257 833,923 92,487 0 741,436 82.0% 8/31/2019 TTM 8/31/2019 2,312,179 1,516,297 795,883
3.11 Property Baymont Inn & Suites - 1051 North Market Street   9,300,000 8/1/2019             2,655,752 1,916,510 739,242 106,230 0 633,012 72.9% 8/31/2019 TTM 8/31/2019 2,655,752 1,912,753 742,999
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway   6,400,000 8/1/2019             1,935,561 1,195,081 740,480 77,422 0 663,058 78.5% 8/31/2019 TTM 8/31/2019 1,935,561 1,271,388 664,173
3.13 Property Baymont Inn & Suites - 95 Spruce Road   6,500,000 8/1/2019             1,663,942 993,913 670,030 66,558 0 603,472 66.6% 8/31/2019 TTM 8/31/2019 1,663,942 1,017,530 646,412
3.14 Property Super 8 - 2545 Cornhusker Highway   5,500,000 8/1/2019             1,694,455 1,018,967 675,488 67,778 0 607,710 78.0% 8/31/2019 TTM 8/31/2019 1,694,455 1,063,055 631,400
3.15 Property Travelodge - 1110 SE 4th Street   6,500,000 8/1/2019             1,434,177 799,926 634,250 57,367 0 576,883 84.0% 8/31/2019 TTM 8/31/2019 1,434,177 816,943 617,234
3.16 Property Baymont Inn & Suites - 2300 Valley West Court   4,500,000 8/1/2019             1,591,096 1,022,254 568,842 63,644 0 505,198 68.3% 8/31/2019 TTM 8/31/2019 1,591,096 1,034,220 556,877
3.17 Property Travelodge - 800 W Laramie Street   4,300,000 8/1/2019             1,275,524 725,657 549,867 51,021 0 498,846 85.2% 8/31/2019 TTM 8/31/2019 1,275,524 731,418 544,106
3.18 Property Travelodge - 22 North Frontage Road   5,200,000 8/1/2019             1,492,017 881,125 610,891 59,681 0 551,211 83.7% 8/31/2019 TTM 8/31/2019 1,492,017 844,513 647,503
3.19 Property Travelodge - 123 Westvaco Road   3,700,000 8/1/2019             1,427,550 897,156 530,394 57,102 0 473,292 70.0% 8/31/2019 TTM 8/31/2019 1,427,550 913,979 513,571
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue   4,200,000 8/1/2019             1,724,899 1,183,207 541,693 68,996 0 472,697 69.8% 8/31/2019 TTM 8/31/2019 1,724,899 1,211,842 513,058
3.21 Property Travelodge - 1710 Jefferson Street   5,200,000 8/1/2019             1,354,534 868,414 486,120 54,181 0 431,939 78.5% 8/31/2019 TTM 8/31/2019 1,354,534 894,952 459,583
3.22 Property Travelodge - 1625 Stillwater Avenue   4,300,000 8/1/2019             1,693,665 1,212,080 481,586 67,747 0 413,839 91.7% 8/31/2019 TTM 8/31/2019 1,693,665 1,220,031 473,634
3.23 Property Travelodge - 8233 Airline Highway   4,200,000 8/1/2019             1,095,931 644,896 451,035 43,837 0 407,197 80.9% 8/31/2019 TTM 8/31/2019 1,095,931 654,444 441,487
3.24 Property Baymont Inn & Suites - 6390 US-93   4,000,000 8/1/2019             1,374,253 922,737 451,516 54,970 0 396,546 74.7% 8/31/2019 TTM 8/31/2019 1,374,253 952,962 421,292
3.25 Property Travelodge - 707 East Webster Street   3,300,000 8/1/2019             1,621,747 1,199,931 421,816 64,870 0 356,946 58.9% 8/31/2019 TTM 8/31/2019 1,621,747 1,217,049 404,697
3.26 Property Travelodge - 777 West Hwy 21   3,400,000 8/1/2019             1,369,045 980,465 388,580 54,762 0 333,818 60.6% 8/31/2019 TTM 8/31/2019 1,369,045 993,511 375,534
3.27 Property Travelodge - 3522 North Highway 59   1,900,000 8/1/2019             1,511,604 1,134,073 377,531 60,464 0 317,067 56.7% 8/31/2019 TTM 8/31/2019 1,511,604 1,141,779 369,825
3.28 Property Travelodge - 108 6th Avenue   3,100,000 8/1/2019             868,337 535,224 333,114 34,733 0 298,380 73.9% 8/31/2019 TTM 8/31/2019 868,337 509,073 359,264
3.29 Property Travelodge - 2200 E South Avenue   3,700,000 8/1/2019             928,821 597,643 331,179 37,153 0 294,026 82.3% 8/31/2019 TTM 8/31/2019 928,821 611,022 317,800
3.30 Property Travelodge - 128 South Willow Road   2,700,000 8/1/2019             1,233,371 919,361 314,010 49,335 0 264,676 72.1% 8/31/2019 TTM 8/31/2019 1,233,371 948,787 284,584
3.31 Property Travelodge - 1005 Highway 285   2,000,000 8/1/2019             1,541,517 1,229,846 311,670 61,661 0 250,010 82.2% 8/31/2019 TTM 8/31/2019 1,541,517 1,227,874 313,642
3.32 Property Days Inn - 3431 14th Avenue   2,500,000 8/1/2019             1,316,379 1,059,044 257,335 52,655 0 204,680 86.1% 8/31/2019 TTM 8/31/2019 1,316,379 1,068,638 247,741
3.33 Property Travelodge - 2505 US 69   1,000,000 8/1/2019             1,032,550 801,511 231,039 41,302 0 189,737 64.9% 8/31/2019 TTM 8/31/2019 1,032,550 818,639 213,911
3.34 Property Baymont Inn & Suites - 3475 Union Road   3,800,000 8/1/2019             1,052,736 771,797 280,938 42,109 0 238,829 67.5% 8/31/2019 TTM 8/31/2019 1,052,736 780,643 272,093
3.35 Property Travelodge - 1706 North Park Drive   1,400,000 8/1/2019             1,074,746 852,346 222,401 42,990 0 179,411 96.1% 8/31/2019 TTM 8/31/2019 1,074,746 879,486 195,261
3.36 Property Baymont Inn & Suites - 2005 East Daley Street   2,700,000 8/1/2019             1,371,454 1,158,885 212,569 54,858 0 157,711 55.6% 8/31/2019 TTM 8/31/2019 1,371,454 1,171,946 199,508
3.37 Property Travelodge - 1177 E 16th Street   1,000,000 8/1/2019             1,314,752 1,106,530 208,222 52,590 0 155,632 31.0% 8/31/2019 TTM 8/31/2019 1,314,752 1,043,846 270,906
3.38 Property Baymont Inn & Suites - 35450 Yermo Road   2,200,000 8/1/2019             1,324,993 1,124,128 200,865 53,000 0 147,866 67.3% 8/31/2019 TTM 8/31/2019 1,324,993 1,140,434 184,559
3.39 Property Travelodge - 2407 East Holland Avenue   2,100,000 8/1/2019             1,307,117 1,145,170 161,947 52,285 0 109,663 80.4% 8/31/2019 TTM 8/31/2019 1,307,117 1,143,301 163,816
3.40 Property Travelodge - 620 Souder Road   800,000 8/1/2019             716,540 726,389 -9,849 28,662 0 -38,510 51.7% 8/31/2019 TTM 8/31/2019 716,540 738,271 -21,730
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast   1,900,000 8/1/2019             1,118,364 1,001,686 116,679 44,735 0 71,944 62.9% 8/31/2019 TTM 8/31/2019 1,118,364 1,013,676 104,689
3.42 Property Travelodge - 109 East Commerce Street   500,000 8/1/2019             758,343 828,710 -70,366 30,334 0 -100,700 33.0% 8/31/2019 TTM 8/31/2019 758,343 843,682 -85,339
3.43 Property Travelodge - 4000 Siskiyou Avenue   400,000 8/1/2019             657,965 631,141 26,824 26,319 0 505 80.1% 8/31/2019 TTM 8/31/2019 657,965 648,803 9,161
3.44 Property Travelodge - 98 Moffat Avenue   900,000 8/1/2019             794,889 731,329 63,560 31,796 0 31,765 44.1% 8/31/2019 TTM 8/31/2019 794,889 748,087 46,801
4 Loan Phoenix Industrial Portfolio III 0 41,940,000 Various 1.82 1.70 74.2% 62.7% 10.6% 9.9% 4,742,806 1,457,626 3,285,179 83,504 129,932 3,071,744 89.2% Various N/A N/A N/A N/A
4.01 Property Galesburg   14,500,000 10/29/2019             1,675,561 502,066 1,173,495 34,226 61,201 1,078,067 88.0% 10/24/2019 N/A N/A N/A N/A
4.02 Property Covington   13,800,000 10/28/2019             1,937,208 624,987 1,312,222 14,644 53,321 1,244,256 100.0% 9/30/2019 N/A N/A N/A N/A
4.03 Property Grafton   13,640,000 10/30/2019             1,130,036 330,574 799,463 34,634 15,409 749,420 77.1% 10/24/2019 N/A N/A N/A N/A
5 Loan 3 Columbus Circle 0 1,080,000,000 1/1/2019 3.11 2.91 45.4% 45.4% 12.3% 11.5% 79,416,007 18,918,555 60,497,452 150,743 3,752,630 56,594,079 97.2% 1/1/2019 12/31/2018 57,324,235 17,233,200 40,091,035
6 Loan ILPT Industrial Portfolio 0 547,000,000 Various 5.52 5.05 39.2% 39.2% 14.8% 13.6% 39,822,695 7,985,779 31,836,916 656,723 2,038,736 29,141,457 100.0% Various 12/31/2018 35,335,764 6,445,614 28,890,150
6.01 Property 1800 Union Airpark Boulevard   94,500,000 7/15/2019             8,907,213 2,906,244 6,000,969 143,300 452,296 5,405,373 100.0% 12/7/2019 12/31/2018 8,660,170 2,537,067 6,123,103
6.02 Property 4237-4255 Anson Boulevard   73,000,000 7/16/2019             5,904,323 1,536,726 4,367,597 82,926 272,696 4,011,976 100.0% 12/7/2019 12/31/2018 6,124,114 1,318,374 4,805,740
6.03 Property 5000 Commerce Way   69,700,000 7/18/2019             4,451,482 765,972 3,685,510 81,285 241,149 3,363,076 100.0% 12/7/2019 12/31/2018 4,308,405 679,662 3,628,743
6.04 Property 5142 and 5148 North Hanley Road   61,700,000 7/15/2019             3,708,736 132,948 3,575,789 34,479 148,969 3,392,341 100.0% 12/7/2019 12/31/2018 2,699,991 20,556 2,679,435
6.05 Property 945 Monument Drive   51,200,000 7/16/2019             3,386,613 482,738 2,903,875 77,000 206,930 2,619,946 100.0% 12/7/2019 12/31/2018 3,312,029 430,464 2,881,565
6.06 Property 5500 SE Delaware Ave   43,000,000 7/16/2019             2,914,156 104,426 2,809,731 51,528 155,235 2,602,967 100.0% 12/7/2019 12/31/2018 1,580,595 83,456 1,497,139
6.07 Property 2801 Airwest Boulevard   41,100,000 7/15/2019             2,491,915 117,071 2,374,844 64,367 164,469 2,146,008 100.0% 12/7/2019 12/31/2018 2,455,992 44,468 2,411,524
6.08 Property 20 Logistics Boulevard   32,500,000 7/23/2019             2,864,407 630,409 2,233,998 48,287 148,895 2,036,817 100.0% 12/7/2019 12/31/2018 2,824,454 484,545 2,339,909
6.09 Property 2150 Stanley Road   30,200,000 7/16/2019             2,301,168 665,285 1,635,883 39,480 120,692 1,475,711 100.0% 9/1/2019 12/31/2018 2,297,895 553,914 1,743,981
6.10 Property 16101 Queens Court   29,500,000 7/16/2019             1,675,398 380,692 1,294,706 17,664 70,559 1,206,483 100.0% 12/7/2019 12/31/2018 430,850 133,165 297,684
6.11 Property 5 Logistics Drive   20,600,000 7/16/2019             1,217,283 263,268 954,015 16,407 56,849 880,759 100.0% 12/7/2019 12/31/2018 641,270 159,943 481,327
7 Loan Orfali Portfolio 0 58,700,000 9/17/2019 2.76 2.71 51.1% 51.1% 9.7% 9.5% 4,451,425 1,534,166 2,917,259 60,562 0 2,856,697 95.7% 9/24/2019 TTM 9/30/2019 3,947,630 1,383,046 2,564,584
8 Loan DoubleTree New York Times Square West Leased Fee 0 132,600,000 10/1/2019 2.53 2.53 43.7% 43.7% 9.4% 9.4% 5,454,725 0 5,454,725 0 0 5,454,725 92.1% 9/30/2019 N/A N/A N/A N/A
9 Loan United Healthcare Office 0 70,200,000 8/23/2019 1.58 1.56 66.7% 63.7% 10.2% 10.0% 4,934,863 168,521 4,766,342 30,618 39,427 4,696,297 100.0% 12/6/2019 TTM 7/31/2019 4,445,335 20,475 4,424,860
10 Loan AVR Atlanta Airport SpringHill Gateway 0 38,500,000 10/1/2019 3.45 3.12 61.9% 61.9% 13.3% 12.0% 7,737,944 4,576,600 3,161,344 309,518 0 2,851,826 85.9% 9/30/2019 TTM 9/30/2019 7,737,944 4,530,622 3,207,322
11 Loan 4041 Central 0 58,000,000 9/9/2019 1.84 1.73 73.1% 57.5% 10.1% 9.5% 6,984,424 2,684,938 4,299,487 73,162 181,453 4,044,872 68.1% 10/1/2019 TTM 9/30/2019 6,746,409 2,783,632 3,962,776
12 Loan Century Plaza Towers 0 2,302,000,000 9/24/2019 4.41 4.08 39.1% 39.1% 13.5% 12.5% 158,615,968 37,470,212 121,145,756 480,328 8,415,062 112,250,366 92.9% 10/1/2019 TTM 9/30/2019 120,890,660 37,547,742 83,342,918
13 Loan Westmont Red Roof Inn Portfolio II 0 26,600,000 Various 2.44 2.06 66.3% 48.5% 16.1% 13.6% 8,771,031 5,938,665 2,832,366 438,552 N/A 2,393,814 77.9% 6/30/2019 TTM 06/30/2019 8,806,957 5,943,740 2,863,217
13.01 Property Red Roof Inn St. Clairsville   8,600,000 5/1/2019             2,165,000 1,350,541 814,459 108,250 N/A 706,209 88.8% 6/30/2019 TTM 06/30/2019 2,200,926 1,328,379 872,547
13.02 Property Red Roof PLUS+ Phoenix Airport   7,500,000 5/13/2019             2,348,735 1,540,435 808,300 117,437 N/A 690,863 76.9% 6/30/2019 TTM 06/30/2019 2,348,735 1,549,538 799,197
13.03 Property Red Roof PLUS+ West Springfield   5,300,000 5/8/2019             2,305,670 1,634,595 671,075 115,284 N/A 555,792 73.9% 6/30/2019 TTM 06/30/2019 2,305,670 1,645,689 659,981
13.04 Property Red Roof PLUS+ Chicago Naperville   5,200,000 5/3/2019             1,951,626 1,413,094 538,532 97,581 N/A 440,951 72.8% 6/30/2019 TTM 06/30/2019 1,951,626 1,420,134 531,492
14 Loan Crimson Retail Portfolio 0 45,700,000 Various 1.94 1.83 72.5% 61.5% 10.8% 10.2% 5,117,182 1,524,685 3,592,496 47,757 163,838 3,380,901 95.5% Various TTM 3/31/2019 4,210,947 1,228,634 2,982,313
14.01 Property Little Elm   30,400,000 9/16/2019             3,299,259 1,075,565 2,223,695 22,448 89,142 2,112,105 94.7% 9/1/2019 TTM 3/31/2019 3,099,526 998,778 2,100,748
14.02 Property South Plaza   9,200,000 9/16/2019             1,224,262 292,906 931,357 19,084 56,383 855,890 95.0% 9/1/2019 T-7 Annualized 7/31/2019 1,111,421 229,856 881,565
14.03 Property JoAnn Fabrics   3,150,000 9/13/2019             295,091 82,975 212,116 3,225 8,816 200,075 100.0% 12/6/2019 N/A N/A N/A N/A
14.04 Property Office Depot   2,950,000 9/13/2019             298,569 73,240 225,329 3,000 9,498 212,831 100.0% 12/6/2019 N/A N/A N/A N/A
15 Loan Redwood Technology Center 0 51,000,000 10/8/2019 1.60 1.55 71.6% 65.5% 9.7% 9.4% 4,837,710 1,281,963 3,555,746 23,192 89,320 3,443,234 94.1% 7/31/2019 TTM 8/31/2019 4,557,575 1,208,566 3,349,009
16 Loan Springhill Suites Raleigh Cary 0 22,500,000 10/15/2019 2.20 1.98 65.6% 52.0% 12.5% 11.3% 4,542,609 2,696,406 1,846,203 181,704 0 1,664,499 76.8% 9/30/2019 TTM 9/30/2019 4,506,112 2,620,643 1,885,469
17 Loan Muskogee Apartments Portfolio 0 20,750,000 11/1/2019 1.62 1.42 70.8% 64.7% 9.7% 8.6% 3,313,276 1,884,505 1,428,770 171,868 0 1,256,903 89.4% 11/13/2019 TTM 9/30/2019 3,236,223 1,831,108 1,405,115
17.01 Property Country Club   8,000,000 11/1/2019             1,428,322 795,716 632,606 78,720 0 553,886 92.9% 11/13/2019 TTM 9/30/2019 1,350,825 772,858 577,967
17.02 Property Shady Hollow   5,700,000 11/1/2019             799,472 465,957 333,515 36,700 0 296,815 89.9% 11/13/2019 TTM 9/30/2019 838,305 436,187 402,117
17.03 Property South Point   3,175,000 11/1/2019             459,233 262,295 196,937 26,784 0 170,153 88.2% 11/13/2019 TTM 9/30/2019 406,094 254,068 152,026
17.04 Property Berwick   2,400,000 11/1/2019             396,630 217,787 178,843 17,712 0 161,131 88.9% 11/13/2019 TTM 9/30/2019 380,876 205,181 175,695
17.05 Property Village East   1,475,000 11/1/2019             229,618 142,750 86,869 11,952 0 74,917 72.9% 11/13/2019 TTM 9/30/2019 260,123 162,813 97,309
18 Loan 7105 - 7115 37th Avenue 0 22,900,000 11/1/2019 1.72 1.68 63.3% 63.3% 8.0% 7.9% 1,939,352 774,446 1,164,906 26,500 N/A 1,138,406 100.0% 7/18/2019 TTM 06/30/2019 2,036,705 377,024 1,659,681
19 Loan Carnegie Hotel 0 23,200,000 9/24/2019 2.82 2.39 62.5% 49.4% 15.9% 13.5% 8,779,607 6,471,962 2,307,645 351,184 0 1,956,461 72.2% 9/30/2019 TTM 9/30/2019 8,779,607 6,702,811 2,076,796
20 Loan Pinecrest Apartments 0 22,200,000 10/22/2019 2.63 2.45 64.0% 64.0% 9.6% 9.0% 2,629,736 1,260,901 1,368,835 93,900 0 1,274,935 96.2% 10/09/2019 TTM 10/31/2019 2,629,736 1,309,900 1,319,836
21 Loan Shoppes at Parma 0 87,300,000 8/29/2019 1.89 1.74 65.4% 52.3% 11.1% 10.2% 9,956,513 3,633,806 6,322,706 145,255 363,138 5,814,314 93.2% 10/3/2019 T-12 9/30/2019 8,009,611 3,153,863 4,855,749
22 Loan The Village Apartments 0 22,900,000 9/26/2019 1.93 1.80 61.1% 48.9% 11.3% 10.6% 2,990,553 1,402,105 1,588,447 111,250 0 1,477,197 88.8% 11/5/2019 TTM 10/31/2019 2,134,258 956,695 1,177,563
23 Loan Shelbourne Square 0 21,400,000 10/21/2019 1.76 1.62 63.3% 45.5% 11.1% 10.2% 2,275,638 771,299 1,504,339 39,375 77,622 1,387,342 85.5% 10/31/2019 TTM 9/30/2019 2,369,087 836,718 1,532,369
24 Loan Mentis Portfolio 0 23,075,000 9/27/2019 1.75 1.74 58.0% 49.3% 10.4% 10.3% 1,440,406 51,401 1,389,005 6,895 0 1,382,110 100.0% 12/1/2019 N/A N/A N/A N/A
24.01 Property Mentis San Antonio   12,875,000 9/27/2019             798,125 28,505 769,620 3,867 0 765,754 100.0% 12/1/2019 N/A N/A N/A N/A
24.02 Property Mentis Round Rock   10,200,000 9/27/2019             642,281 22,896 619,384 3,028 0 616,357 100.0% 12/1/2019 N/A N/A N/A N/A
25 Loan Aliso Viejo Plaza 0 28,900,000 10/11/2019 3.48 3.38 45.0% 45.0% 11.6% 11.3% 2,264,605 753,236 1,511,369 8,950 35,800 1,466,619 96.4% 11/1/2019 TTM 8/31/2019 2,102,434 772,141 1,330,293
26 Loan Walmart Supercenter Douglasville 0 24,360,000 10/14/2019 2.95 2.77 52.1% 52.1% 10.0% 9.4% 1,333,806 59,390 1,274,416 22,251 55,628 1,196,537 100.0% 12/1/2019 N/A N/A N/A N/A
27 Loan Medley Portfolio 0 18,000,000 9/12/2019 2.05 1.84 66.7% 56.2% 11.8% 10.6% 2,899,937 1,483,317 1,416,620 147,950 0 1,268,670 89.6% 9/17/2019 T-12 7/31/2019 2,619,172 1,449,708 1,169,465
27.01 Property El Dorado Apartments   6,600,000 9/12/2019             N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
27.02 Property Longview Heights Apartments   4,800,000 9/12/2019             N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

 

A-1-7 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Grace Period at Maturity Default Appraised Value(4)(20) Appraisal Date(4) U/W NOI DSCR(3) U/W NCF DSCR(3) Cut-off Date LTV Ratio(3)(4) LTV Ratio at Maturity or ARD(3)(4) U/W NOI Debt Yield(3) U/W NCF Debt Yield(3) U/W EGI(23) U/W Expenses U/W NOI U/W Replacement U/W TI/LC U/W NCF(24) Occupancy Rate(10) Occupancy
as-of Date
Most Recent Operating Statement Date Most Recent EGI Most Recent Expenses Most Recent NOI
27.03 Property Barron Court Apartments   3,300,000 9/12/2019             N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
27.04 Property Longview Gardens Apartments   3,300,000 9/12/2019             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 Courtyard - Tampa (Citrus Park) 0 23,500,000 7/3/2019 2.19 1.95 50.6% 43.4% 13.5% 12.0% 4,430,946 2,822,260 1,608,686 177,238 0 1,431,448 69.8% 10/31/2019 TTM 10/31/2019 4,430,946 2,739,478 1,691,468
29 Loan 1413 Germantown Avenue 0 17,400,000 8/21/2019 1.51 1.50 67.8% 53.8% 8.7% 8.5% 1,216,200 195,389 1,020,811 12,500 0 1,008,311 94.0% 11/7/2019 N/A N/A N/A N/A
30 Loan Beachwood Village 0 18,200,000 10/24/2019 2.30 2.28 60.4% 60.4% 8.3% 8.3% 1,455,189 540,896 914,293 5,475 0 908,818 93.7% 10/31/2019 TTM 9/30/2019 1,475,080 544,749 930,331
31 Loan Global Payments, Inc. 0 42,000,000 8/29/2019 2.23 2.23 69.4% 69.4% 8.7% 8.7% 2,619,544 78,586 2,540,957 0 0 2,540,957 100.0% 12/1/2019 N/A N/A N/A N/A
32 Loan 2701 Grand Concourse 0 16,000,000 10/7/2019 1.96 1.96 61.3% 61.3% 7.9% 7.9% 1,173,492 397,389 776,103 0 0 776,103 96.9% 10/2/2019 TTM 9/30/2019 1,199,229 368,811 830,418
33 Loan Holiday Inn Express Lincoln CA 5 15,000,000 10/1/2020 2.35 2.09 60.0% 53.9% 14.5% 12.9% 3,638,123 2,332,591 1,305,532 145,525 0 1,160,007 86.6% 09/04/2019 TTM 9/30/2019 3,638,123 2,312,664 1,325,458
34 Loan Apple Inc. Boulder 0 15,500,000 11/6/2019 2.28 2.26 57.4% 57.4% 9.3% 9.2% 853,542 25,606 827,936 5,739 0 822,197 100.0% 12/6/2019 N/A N/A N/A N/A
35 Loan CubeSmart Penn’s Landing 0 12,870,000 8/1/2019 2.00 1.97 66.4% 66.4% 9.4% 9.3% 1,353,988 546,543 807,446 9,954 0 797,492 92.9% 9/30/2019 TTM 9/30/2019 1,224,451 434,432 790,019
36 Loan Holiday Inn Express Early 0 14,000,000 10/22/2019 2.14 1.96 60.0% 43.4% 13.8% 12.6% 2,500,417 1,344,171 1,156,246 100,017 0 1,056,229 74.3% 11/12/2019 TTM 9/30/2019 2,500,550 1,340,483 1,160,067
37 Loan 105 Van Cortlandt Park 0 12,700,000 9/18/2019 1.42 1.40 63.8% 57.7% 7.9% 7.8% 842,479 199,891 642,588 12,250 0 630,338 100.0% 11/14/2019 TTM 8/31/2019 833,208 199,581 633,627
38 Loan The Ponce Hotel 0 13,100,000 11/1/2019 2.03 1.84 57.3% 40.0% 15.2% 13.8% 2,635,708 1,499,015 1,136,693 105,428 0 1,031,265 70.6% 9/30/2019 TTM 9/30/2019 2,563,814 1,466,779 1,097,035
39 Loan 1900 Evans Road 0 12,200,000 10/11/2019 2.34 2.22 61.5% 48.5% 13.1% 12.4% 1,368,312 382,393 985,918 14,865 37,445 933,608 100.0% 11/1/2019 TTM 10/31/2019 1,511,403 372,445 1,138,958
40 Loan Rosedale Tech 0 11,730,000 11/6/2019 3.32 3.05 63.9% 63.9% 12.5% 11.6% 970,205 29,106 941,099 27,589 47,189 866,322 100.0% 12/6/2019 N/A N/A N/A N/A
41 Loan Walkham Townhomes 0 10,370,000 10/3/2019 1.94 1.91 65.0% 65.0% 7.7% 7.6% 818,447 298,174 520,272 6,777 0 513,495 100.0% 11/1/2019 TTM 10/31/2019 813,795 250,587 563,208
42 Loan 530 West 136th Street 0 10,400,000 9/13/2019 1.50 1.47 62.7% 62.7% 7.2% 7.0% 779,864 311,943 467,921 9,500 0 458,421 97.8% 9/30/2019 T-6 Annualized 8/31/2019 682,482 328,623 353,859
43 Loan Raintree Oaks Apartments 0 9,120,000 10/15/2019 1.62 1.57 71.3% 57.5% 9.8% 9.5% 1,151,263 516,184 635,079 20,384 0 614,695 99.1% 10/23/2019 TTM 9/30/2019 1,101,120 433,242 667,878
44 Loan Six Sentry Office Portfolio 0 8,550,000 9/25/2019 2.02 1.71 71.9% 58.0% 12.2% 10.3% 1,394,976 644,821 750,155 23,805 93,026 633,324 88.3% 11/1/2019 TTM 8/31/2019 1,256,444 617,557 638,887
44.01 Property 630 Sentry   2,900,000 9/25/2019             N/A N/A N/A N/A N/A N/A 100.0% 11/1/2019 N/A N/A N/A N/A
44.02 Property 670 Sentry   2,000,000 9/25/2019             N/A N/A N/A N/A N/A N/A 81.6% 11/1/2019 N/A N/A N/A N/A
44.03 Property 610 Sentry   1,900,000 9/25/2019             N/A N/A N/A N/A N/A N/A 97.1% 11/1/2019 N/A N/A N/A N/A
44.04 Property 620 Sentry   1,750,000 9/25/2019             N/A N/A N/A N/A N/A N/A 67.4% 11/1/2019 N/A N/A N/A N/A
45 Loan BNSF Logistics 0 8,300,000 11/3/2019 1.81 1.78 65.0% 55.5% 9.7% 9.6% 541,038 16,231 524,807 4,120 4,718 515,969 100.0% 12/6/2019 N/A N/A N/A N/A
46 Loan Airport Square 0 44,400,000 8/2/2019 1.80 1.69 67.5% 54.1% 10.6% 9.9% 4,423,098 1,261,504 3,161,595 34,940 151,408 2,975,246 85.6% 10/28/2019 T-5 Annualized 9/30/2019 4,181,185 1,110,767 3,070,419
47 Loan Days Inn by Wyndham - Florence 0 7,400,000 10/1/2019 2.64 2.40 63.5% 46.4% 17.4% 15.8% 1,847,896 1,032,229 815,667 73,916 0 741,751 65.6% 9/30/2019 TTM 9/30/2019 1,847,896 1,010,329 837,568
48 Loan Brickyard Plaza 0 5,150,000 9/19/2019 2.44 2.23 62.5% 62.5% 9.8% 8.9% 570,449 178,597 391,852 12,884 21,085 357,884 100.0% 9/25/2019 N/A N/A N/A N/A
49 Loan Holiday Inn Express New Albany 0 6,500,000 7/1/2019 1.99 1.75 54.6% 40.6% 13.8% 12.1% 1,496,682 1,008,436 488,246 59,867 0 428,379 60.6% 10/31/2019 TTM 10/31/2019 1,496,682 983,607 513,075
50 Loan CVS Brownsburg 0 4,690,000 10/2/2019 1.57 1.52 65.0% 52.2% 9.3% 9.0% 327,471 44,565 282,906 1,519 7,594 273,794 100.0% 12/1/2019 TTM 9/30/2019 293,035 0 293,035
51 Loan Orient Drive Mobile Estates 0 5,400,000 9/9/2019 1.85 1.84 50.0% 45.5% 10.8% 10.7% 378,188 86,611 291,576 2,550 0 289,026 100.0% 9/25/2019 TTM 8/31/2019 370,779 105,990 264,789
52 Loan Pomona Park 0 4,625,000 9/6/2019 1.68 1.55 57.7% 35.1% 12.4% 11.4% 428,089 97,924 330,165 8,207 17,358 304,600 96.8% 10/2/2019 TTM 8/31/2019 429,826 105,622 324,204
53 Loan Dollar General Tuckahoe 0 1,925,000 10/7/2019 1.66 1.65 62.3% 51.4% 9.8% 9.7% 132,719 15,714 117,004 1,123 0 115,881 100.0% 12/1/2019 N/A N/A N/A N/A
54 Loan Dollar General Rolla 0 1,320,000 8/28/2019 1.86 1.83 70.0% 70.0% 9.0% 8.8% 85,621 2,569 83,052 1,354 0 81,698 100.0% 6/23/2019 N/A N/A N/A N/A
55 Loan Dollar General Dexter 0 1,230,000 5/2/2019 1.72 1.69 70.0% 70.0% 9.1% 8.9% 80,418 2,413 78,005 1,350 0 76,655 100.0% 6/1/2019 N/A N/A N/A N/A

 

A-1-8 

 

 

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

 

Mortgage Loan Number Property Flag Property Name 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)(17)(18) Largest Tenant Sq. Ft. Largest Tenant % of NRA Largest Tenant Exp. Date(2) Second Largest Tenant Name(9)(10)
1 Loan 225 Bush 12/31/2018 36,782,955 11,108,481 25,674,474 12/31/2017 35,806,940 11,018,547 24,788,393   Twitch Interactive 84,035 14.5% 8/18/2021   LiveRamp, Inc
2 Loan Chroma 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 N/A
3 Loan Wyndham National Hotel Portfolio 12/31/2018 70,046,868 45,576,295 24,470,573 12/31/2017 66,288,699 42,904,643 23,384,056 N/A N/A N/A N/A N/A
3.01 Property Travelodge - 2307 Wyoming Avenue 12/31/2018 2,546,220 859,155 1,687,065 12/31/2017 3,367,424 905,317 2,462,107 N/A N/A N/A N/A N/A
3.02 Property Travelodge - 2111 Camino Del Llano 12/31/2018 3,248,610 1,696,163 1,552,447 12/31/2017 3,199,075 1,696,578 1,502,497 N/A N/A N/A N/A N/A
3.03 Property Travelodge - 1170 W Flaming Gorge Way 12/31/2018 3,249,379 1,833,435 1,415,944 12/31/2017 3,281,370 1,908,147 1,373,223 N/A N/A N/A N/A N/A
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive 12/31/2018 3,384,566 2,096,589 1,287,977 12/31/2017 3,206,460 1,926,911 1,279,549 N/A N/A N/A N/A N/A
3.05 Property Baymont Inn & Suites - 451 Halligan Drive 12/31/2018 2,873,821 1,872,345 1,001,476 12/31/2017 2,793,809 1,840,485 953,324 N/A N/A N/A N/A N/A
3.06 Property Baymont Inn & Suites - 1608 E Business US 60 12/31/2018 2,063,943 1,158,694 905,249 12/31/2017 1,882,340 1,157,257 725,083 N/A N/A N/A N/A N/A
3.07 Property Travelodge - 1127 Pony Express Highway 12/31/2018 2,475,241 1,306,332 1,168,909 12/31/2017 2,709,357 1,254,087 1,455,270 N/A N/A N/A N/A N/A
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street 12/31/2018 2,046,798 995,117 1,051,681 12/31/2017 1,835,529 1,044,114 791,415 N/A N/A N/A N/A N/A
3.09 Property Travelodge - 2680 Airport Road 12/31/2018 1,725,591 912,244 813,347 12/31/2017 1,749,957 913,075 836,882 N/A N/A N/A N/A N/A
3.10 Property Super 8 - 720 Royal Parkway 12/31/2018 2,135,588 1,268,351 867,237 12/31/2017 1,934,152 1,414,428 519,724 N/A N/A N/A N/A N/A
3.11 Property Baymont Inn & Suites - 1051 North Market Street 12/31/2018 2,838,276 1,786,541 1,051,735 12/31/2017 2,520,797 1,584,921 935,876 N/A N/A N/A N/A N/A
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway 12/31/2018 1,826,201 1,210,201 616,000 12/31/2017 1,529,383 1,102,150 427,233 N/A N/A N/A N/A N/A
3.13 Property Baymont Inn & Suites - 95 Spruce Road 12/31/2018 1,581,030 938,957 642,073 12/31/2017 1,616,473 935,019 681,454 N/A N/A N/A N/A N/A
3.14 Property Super 8 - 2545 Cornhusker Highway 12/31/2018 1,669,959 1,077,133 592,827 12/31/2017 1,540,661 1,024,964 515,697 N/A N/A N/A N/A N/A
3.15 Property Travelodge - 1110 SE 4th Street 12/31/2018 1,384,723 707,597 677,126 12/31/2017 1,382,408 712,332 670,076 N/A N/A N/A N/A N/A
3.16 Property Baymont Inn & Suites - 2300 Valley West Court 12/31/2018 1,433,216 980,238 452,978 12/31/2017 1,378,101 943,759 434,342 N/A N/A N/A N/A N/A
3.17 Property Travelodge - 800 W Laramie Street 12/31/2018 1,274,749 678,959 595,790 12/31/2017 1,258,037 674,197 583,840 N/A N/A N/A N/A N/A
3.18 Property Travelodge - 22 North Frontage Road 12/31/2018 1,449,153 772,210 676,943 12/31/2017 1,455,637 755,180 700,457 N/A N/A N/A N/A N/A
3.19 Property Travelodge - 123 Westvaco Road 12/31/2018 1,408,947 930,303 478,644 12/31/2017 1,440,955 920,109 520,846 N/A N/A N/A N/A N/A
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue 12/31/2018 1,559,864 1,182,160 377,704 12/31/2017 1,551,595 1,170,187 381,408 N/A N/A N/A N/A N/A
3.21 Property Travelodge - 1710 Jefferson Street 12/31/2018 1,262,694 758,791 503,903 12/31/2017 1,273,909 723,038 550,871 N/A N/A N/A N/A N/A
3.22 Property Travelodge - 1625 Stillwater Avenue 12/31/2018 1,686,301 1,216,783 469,518 12/31/2017 1,728,133 1,246,712 481,421 N/A N/A N/A N/A N/A
3.23 Property Travelodge - 8233 Airline Highway 12/31/2018 1,082,757 632,725 450,032 12/31/2017 1,132,390 581,844 550,546 N/A N/A N/A N/A N/A
3.24 Property Baymont Inn & Suites - 6390 US-93 12/31/2018 1,199,513 836,892 362,621 12/31/2017 148,000 102,865 45,135 N/A N/A N/A N/A N/A
3.25 Property Travelodge - 707 East Webster Street 12/31/2018 1,575,474 1,167,184 408,290 12/31/2017 1,551,350 1,157,200 394,150 N/A N/A N/A N/A N/A
3.26 Property Travelodge - 777 West Hwy 21 12/31/2018 1,358,059 952,037 406,022 12/31/2017 1,078,845 876,424 202,421 N/A N/A N/A N/A N/A
3.27 Property Travelodge - 3522 North Highway 59 12/31/2018 1,269,419 1,001,162 268,257 12/31/2017 1,098,442 926,257 172,185 N/A N/A N/A N/A N/A
3.28 Property Travelodge - 108 6th Avenue 12/31/2018 849,784 509,616 340,168 12/31/2017 822,404 450,227 372,177 N/A N/A N/A N/A N/A
3.29 Property Travelodge - 2200 E South Avenue 12/31/2018 818,512 572,299 246,213 12/31/2017 836,310 546,862 289,448 N/A N/A N/A N/A N/A
3.30 Property Travelodge - 128 South Willow Road 12/31/2018 1,242,633 948,080 294,553 12/31/2017 1,169,614 943,843 225,771 N/A N/A N/A N/A N/A
3.31 Property Travelodge - 1005 Highway 285 12/31/2018 1,495,138 1,104,245 390,893 12/31/2017 1,481,030 1,057,719 423,311 N/A N/A N/A N/A N/A
3.32 Property Days Inn - 3431 14th Avenue 12/31/2018 1,361,693 1,096,109 265,584 12/31/2017 191,891 187,634 4,257 N/A N/A N/A N/A N/A
3.33 Property Travelodge - 2505 US 69 12/31/2018 885,556 756,080 129,476 12/31/2017 751,250 691,841 59,409 N/A N/A N/A N/A N/A
3.34 Property Baymont Inn & Suites - 3475 Union Road 12/31/2018 1,228,663 752,839 475,824 12/31/2017 1,241,735 673,215 568,520 N/A N/A N/A N/A N/A
3.35 Property Travelodge - 1706 North Park Drive 12/31/2018 1,098,877 868,821 230,056 12/31/2017 1,074,091 816,876 257,215 N/A N/A N/A N/A N/A
3.36 Property Baymont Inn & Suites - 2005 East Daley Street 12/31/2018 1,444,580 1,157,180 287,400 12/31/2017 1,499,397 1,260,038 239,359 N/A N/A N/A N/A N/A
3.37 Property Travelodge - 1177 E 16th Street 12/31/2018 1,386,619 1,030,728 355,891 12/31/2017 1,143,172 969,177 173,995 N/A N/A N/A N/A N/A
3.38 Property Baymont Inn & Suites - 35450 Yermo Road 12/31/2018 1,306,712 1,057,816 248,896 12/31/2017 1,223,615 1,059,766 163,849 N/A N/A N/A N/A N/A
3.39 Property Travelodge - 2407 East Holland Avenue 12/31/2018 1,346,454 1,111,810 234,644 12/31/2017 1,230,835 952,246 278,589 N/A N/A N/A N/A N/A
3.40 Property Travelodge - 620 Souder Road 12/31/2018 750,504 743,062 7,442 12/31/2017 755,137 770,893 -15,756 N/A N/A N/A N/A N/A
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast 12/31/2018 1,091,801 888,763 203,038 12/31/2017 1,113,192 824,746 288,446 N/A N/A N/A N/A N/A
3.42 Property Travelodge - 109 East Commerce Street 12/31/2018 747,777 842,334 -94,557 12/31/2017 732,310 833,313 -101,003 N/A N/A N/A N/A N/A
3.43 Property Travelodge - 4000 Siskiyou Avenue 12/31/2018 655,218 636,622 18,596 12/31/2017 657,391 651,158 6,233 N/A N/A N/A N/A N/A
3.44 Property Travelodge - 98 Moffat Avenue 12/31/2018 726,255 671,595 54,660 12/31/2017 720,736 717,535 3,201 N/A N/A N/A N/A N/A
4 Loan Phoenix Industrial Portfolio III N/A N/A N/A N/A N/A N/A N/A N/A Various Various N/A Various Various
4.01 Property Galesburg N/A N/A N/A N/A N/A N/A N/A N/A Blick Art Materials, LLC 653,091 76.3% 12/31/2034 Olson Packaging Services, Inc.
4.02 Property Covington N/A N/A N/A N/A N/A N/A N/A N/A VF Imagewear, Inc. 292,261 59.9% 10/31/2029 CSC Sugar
4.03 Property Grafton N/A N/A N/A N/A N/A N/A N/A N/A Guy & O’Neil, LLC 167,699 48.4% 7/31/2024 Midwest Assembly Warehouse & Distribution, LLC
5 Loan 3 Columbus Circle 12/31/2017 50,952,874 16,254,125 34,698,749 12/31/2016 50,161,202 14,968,652 35,192,550 Young & Rubicam, Inc. 375,236 49.8% 7/31/2033 Emerge 212 3CC LLC
6 Loan ILPT Industrial Portfolio 12/31/2017 33,628,469 6,368,613 27,259,856 12/31/2016 20,837,420 4,518,161 16,319,258 Various Various N/A Various Various
6.01 Property 1800 Union Airpark Boulevard 12/31/2017 8,551,118 2,509,169 6,041,949 12/31/2016 8,475,748 2,515,626 5,960,121 Procter & Gamble 1,791,246 100.0% 10/31/2024 N/A
6.02 Property 4237-4255 Anson Boulevard 12/31/2017 5,881,285 1,170,316 4,710,969 12/31/2016 2,869,718 479,795 2,389,923 Amazon.com, Inc. 1,036,573 100.0% 4/30/2021 N/A
6.03 Property 5000 Commerce Way 12/31/2017 4,229,039 641,092 3,587,947 12/31/2016 3,975,143 635,141 3,340,001 Amazon.com, Inc. 1,016,065 100.0% 9/30/2027 N/A
6.04 Property 5142 and 5148 North Hanley Road 12/31/2017 2,655,862 21,608 2,634,254 12/31/2016 1,802,705 10,208 1,792,497 SKF USA 430,986 100.0% 10/31/2038 N/A
6.05 Property 945 Monument Drive 12/31/2017 3,252,155 375,988 2,876,167 12/31/2016 3,367,805 423,501 2,944,304 Subaru of America Distribution 962,500 100.0% 5/31/2024 N/A
6.06 Property 5500 SE Delaware Ave 12/31/2017 1,561,038 80,313 1,480,725 12/31/2016 0 0 0 The Toro Company 644,104 100.0% 10/31/2034 N/A
6.07 Property 2801 Airwest Boulevard 12/31/2017 2,439,453 67,612 2,371,841 12/31/2016 115,844 8,728 107,116 Whirlpool Corporation 804,586 100.0% 1/31/2024 N/A
6.08 Property 20 Logistics Boulevard 12/31/2017 2,772,757 459,102 2,313,655 12/31/2016 121,898 16,750 105,148 Cummins, Inc. 603,586 100.0% 10/31/2021 N/A
6.09 Property 2150 Stanley Road 12/31/2017 2,242,367 541,787 1,700,580 12/31/2016 108,559 22,546 86,013 Siemens Corporation 320,070 64.9% 9/30/2028 M D Logistics, Inc.
6.10 Property 16101 Queens Court 12/31/2017 0 292,769 -292,769 12/31/2016 0 388,523 -388,523 La-Z-Boy Incorporated 220,800 100.0% 1/31/2031 N/A
6.11 Property 5 Logistics Drive 12/31/2017 43,395 208,857 -165,462 12/31/2016 0 17,343 -17,343 Transamerica Auto Parts 205,090 100.0% 3/31/2025 N/A
7 Loan Orfali Portfolio 12/31/2018 3,854,190 1,420,800 2,433,390 12/31/2017 4,060,278 1,379,084 2,681,194 John & Tony Pizza Corp 1,900 25.2% 6/30/2023 Ming’s Clean & Fresh Inc
8 Loan DoubleTree New York Times Square West Leased Fee 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
9 Loan United Healthcare Office 12/31/2018 4,369,003 24,465 4,344,538 12/31/2017 4,227,683 5,601 4,222,082 United HealthCare Services, Inc. 204,123 100.0% 12/31/2025 N/A
10 Loan AVR Atlanta Airport SpringHill Gateway 12/31/2018 6,755,673 4,019,512 2,736,161 12/31/2017 7,167,962 4,212,170 2,955,791 N/A N/A N/A N/A N/A
11 Loan 4041 Central 12/31/2018 5,669,535 2,829,055 2,840,480 12/31/2017 5,392,094 2,936,666 2,455,428 U.S. Government (IRS) 116,507 28.7% 6/11/2029 Maricopa County Dept of Public Health
12 Loan Century Plaza Towers 12/31/2018 125,317,446 36,292,891 89,024,555 12/31/2017 117,379,087 34,178,955 83,200,132 Bank of America & Merrill Lynch 149,508 6.2% 24,785 SF (6/30/2022); 17,833 SF (9/30/2024); 106,890 SF (9/30/2029) Manatt Phelps
13 Loan Westmont Red Roof Inn Portfolio II 12/31/2018 9,010,478 5,942,362 3,068,116 12/31/2017 8,337,804 5,585,359 2,752,445 N/A N/A N/A N/A N/A
13.01 Property Red Roof Inn St. Clairsville 12/31/2018 2,187,820 1,326,707 861,113 12/31/2017 1,844,492 1,200,633 643,859 N/A N/A N/A N/A N/A
13.02 Property Red Roof PLUS+ Phoenix Airport 12/31/2018 2,332,974 1,553,693 779,281 12/31/2017 2,095,437 1,489,389 606,048 N/A N/A N/A N/A N/A
13.03 Property Red Roof PLUS+ West Springfield 12/31/2018 2,603,313 1,669,730 933,583 12/31/2017 2,455,147 1,543,371 911,776 N/A N/A N/A N/A N/A
13.04 Property Red Roof PLUS+ Chicago Naperville 12/31/2018 1,886,371 1,392,232 494,139 12/31/2017 1,942,728 1,351,966 590,762 N/A N/A N/A N/A N/A
14 Loan Crimson Retail Portfolio 12/31/2018 4,174,445 1,273,548 2,900,897 12/31/2017 3,862,238 1,368,640 2,493,598 Various Various N/A Various Various
14.01 Property Little Elm 12/31/2018 3,044,850 1,003,066 2,041,784 12/31/2017 2,809,187 1,045,525 1,763,661 Hobby Lobby 55,405 37.0% 4/30/2023 24 Hour Fitness
14.02 Property South Plaza 12/31/2018 1,129,595 270,481 859,113 12/31/2017 1,053,051 323,114 729,937 Winn Dixie 51,700 40.6% 9/9/2029 Bealls Outlet
14.03 Property JoAnn Fabrics N/A N/A N/A N/A N/A N/A N/A N/A JoAnn Fabrics 21,500 100.0% 1/31/2030 N/A
14.04 Property Office Depot N/A N/A N/A N/A N/A N/A N/A N/A Office Depot 20,000 100.0% 2/29/2024 N/A
15 Loan Redwood Technology Center 12/31/2018 4,528,549 1,206,915 3,321,634 12/31/2017 4,291,833 1,190,512 3,101,321 Ciena Corporation 57,673 37.3% 1/31/2025 Santa Rosa Memorial Hospital
16 Loan Springhill Suites Raleigh Cary Actual 2018 4,397,937 2,481,971 1,915,966 Actual 2017 4,300,721 2,420,167 1,880,554 N/A N/A N/A N/A N/A
17 Loan Muskogee Apartments Portfolio 12/31/2018 3,021,900 1,912,333 1,109,568 N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.01 Property Country Club 12/31/2018 1,169,904 732,584 437,320 N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.02 Property Shady Hollow 12/31/2018 827,158 460,503 366,654 N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.03 Property South Point 12/31/2018 409,403 285,452 123,951 N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.04 Property Berwick 12/31/2018 368,173 248,456 119,717 N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.05 Property Village East 12/31/2018 247,263 185,337 61,925 N/A N/A N/A N/A N/A N/A N/A N/A N/A
18 Loan 7105 - 7115 37th Avenue 12/31/2018 2,019,930 625,019 1,394,911 N/A N/A N/A N/A N/A N/A N/A N/A N/A
19 Loan Carnegie Hotel 12/31/2018 8,423,142 6,430,980 1,992,162 12/31/2017 8,136,256 6,269,483 1,866,773 N/A N/A N/A N/A N/A
20 Loan Pinecrest 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 N/A
21 Loan Shoppes at Parma 12/31/2018 6,884,652 3,169,192 3,715,460 12/31/2017 6,331,731 2,666,119 3,665,611 Wal-Mart 179,982 24.8% 2/28/2031 J.C. Penney
22 Loan The Village Apartments 12/31/2018 1,304,798 854,326 450,472 N/A N/A N/A N/A N/A N/A N/A N/A N/A
23 Loan Shelbourne Square 12/31/2018 2,308,157 844,169 1,463,988 12/31/2017 2,136,565 832,252 1,304,313 Home Depot UA, Inc. 108,928 41.5% 9/20/2023 Redner’s Markets, Inc.
24 Loan Mentis Portfolio N/A N/A N/A N/A N/A N/A N/A N/A Various Various N/A Various N/A
24.01 Property Mentis San Antonio N/A N/A N/A N/A N/A N/A N/A N/A Mentis Neuro San Antonio, LLC 19,334 100.0% 12/31/2033 N/A
24.02 Property Mentis Round Rock N/A N/A N/A N/A N/A N/A N/A N/A E&J Healthcare, LLC 15,139 100.0% 5/31/2033 N/A
25 Loan Aliso Viejo Plaza 12/31/2018 2,197,729 707,999 1,489,730 12/31/2017 2,049,723 612,966 1,436,757 Storm Fitness 3,900 10.9% 3/31/2020 Nellie Gail Dental
26 Loan Walmart Supercenter Douglasville N/A N/A N/A N/A N/A N/A N/A N/A Walmart Real Estate Business Trust 222,511 100.0% 10/26/2031 N/A
27 Loan Medley Portfolio 12/31/2018 2,523,910 1,461,470 1,062,440 N/A N/A N/A N/A N/A N/A N/A N/A N/A
27.01 Property El Dorado 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 N/A
27.02 Property Longview Heights 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 N/A

 

A-1-9 

 

 

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

 

Mortgage Loan Number Property Flag Property Name 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)(17)(18) Largest Tenant Sq. Ft. Largest Tenant % of NRA Largest Tenant Exp. Date(2) Second Largest Tenant Name(9)(10)
27.03 Property Barron 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 N/A
27.04 Property Longview Gardens 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 N/A
28 Loan Courtyard - Tampa (Citrus 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 N/A
29 Loan 1413 Germantown Avenue 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
30 Loan Beachwood Village 12/31/2018 1,396,415 581,658 814,757 12/31/2017 1,326,667 526,050 800,617 N/A N/A N/A N/A N/A
31 Loan Global Payments, Inc. N/A N/A N/A N/A N/A N/A N/A N/A Global Payments, Inc. 226,304 100.0% 5/31/2037 N/A
32 Loan 2701 Grand Concourse 12/31/2018 1,122,836 351,309 771,527 12/31/2017 1,069,091 345,445 723,646 N/A N/A N/A N/A N/A
33 Loan Holiday Inn Express Lincoln CA 12/1/2018 3,389,361 2,149,684 1,239,677 12/1/2017 3,092,641 2,039,071 1,053,570 N/A N/A N/A N/A N/A
34 Loan Apple Inc. Boulder N/A N/A N/A N/A N/A N/A N/A N/A Apple 38,263 100.0% 6/30/2026 N/A
35 Loan CubeSmart Penn’s Landing 12/31/2018 1,166,401 437,061 729,340 12/31/2017 1,074,666 424,282 650,384 N/A N/A N/A N/A N/A
36 Loan Holiday Inn Express Early 12/31/2018 1,879,059 1,098,430 780,629 N/A N/A N/A N/A N/A N/A N/A N/A N/A
37 Loan 105 Van Cortlandt Park 12/31/2018 771,991 234,769 537,222 N/A N/A N/A N/A N/A N/A N/A N/A N/A
38 Loan The Ponce Hotel 12/31/2018 2,516,270 1,302,133 1,214,137 12/31/2017 1,879,703 1,194,274 685,429 N/A N/A N/A N/A N/A
39 Loan 1900 Evans Road 12/31/2018 1,382,660 354,457 1,028,204 12/31/2017 1,186,194 376,141 810,053 Best Buy Electronics 45,000 41.6% 1/31/2025 Ross Dress for Less, Inc.
40 Loan Rosedale Tech N/A N/A N/A N/A N/A N/A N/A N/A Rosedale Technical College 153,270 100.0% 11/30/2039 N/A
41 Loan Walkham Townhomes 12/31/2018 925,861 225,536 700,326 12/31/2017 408,026 340,232 67,794 N/A N/A N/A N/A N/A
42 Loan 530 West 136th Street T-12 8/31/2019 657,137 305,307 351,830 12/31/2018 694,096 327,179 366,917 N/A N/A N/A N/A N/A
43 Loan Raintree Oaks Apartments 12/31/2018 1,079,251 596,342 482,909 12/31/2017 958,085 457,192 500,893 N/A N/A N/A N/A N/A
44 Loan Six Sentry Office Portfolio 12/31/2018 889,379 563,275 326,103 N/A N/A N/A N/A Various Various N/A Various Various
44.01 Property 630 Sentry N/A N/A N/A N/A N/A N/A N/A N/A Goldenberg Mgmt, Inc. 14,038 54.5% 11/30/2022 Bassman Laserow & Co, PC
44.02 Property 670 Sentry N/A N/A N/A N/A N/A N/A N/A N/A Friends Svcs for the Aging 4,221 24.6% 8/31/2021 Revolutionary Security, LLC
44.03 Property 610 Sentry N/A N/A N/A N/A N/A N/A N/A N/A Law Office of Brian Dietrich 3,983 25.0% 8/31/2023 Pangea Brands, LLC
44.04 Property 620 Sentry N/A N/A N/A N/A N/A N/A N/A N/A Axion of PA, LLC 5,708 36.6% 12/31/2022 Southeastern Home Health
45 Loan BNSF Logistics N/A N/A N/A N/A N/A N/A N/A N/A BNSF Logistics 27,465 100.0% 10/31/2029 N/A
46 Loan Airport Square 12/31/2018 2,740,078 1,192,525 1,547,552 N/A N/A N/A N/A Northrop Grumman Systems 113,168 48.6% 5/31/2023 (56,584 SF); 12/31/2023 (56,584 SF) State of Maryland - MD Think
47 Loan Days Inn by Wyndham - Florence 12/31/2018 1,858,498 1,033,713 824,785 12/31/2017 2,016,582 1,158,637 857,945 N/A N/A N/A N/A N/A
48 Loan Brickyard Plaza N/A N/A N/A N/A N/A N/A N/A N/A Planet Fitness 22,950 48.1% 11/30/2029 O’Reilly Auto
49 Loan Holiday Inn Express New Albany 12/31/2018 1,421,956 901,937 520,019 12/31/2017 1,358,730 858,919 499,811 N/A N/A N/A N/A N/A
50 Loan CVS Brownsburg 12/31/2018 293,035 0 293,035 N/A N/A N/A N/A CVS 10,125 100.0% 9/30/2029 N/A
51 Loan Orient Drive Mobile Estates 12/31/2018 354,461 92,953 261,508 12/31/2017 338,217 93,319 244,898 N/A N/A N/A N/A N/A
52 Loan Pomona Park 12/31/2018 437,045 97,260 339,785 12/31/2017 373,519 96,693 276,826 Mosaic Tile Company of Virginia   15,000 27.4% 11/30/2020 BioRx, LLC
53 Loan Dollar General Tuckahoe N/A N/A N/A N/A N/A N/A N/A N/A Dollar General 7,489 100.0% 6/30/2033 N/A
54 Loan Dollar General Rolla N/A N/A N/A N/A N/A N/A N/A N/A Dollar General 9,026 100.0% 7/31/2034 N/A
55 Loan Dollar General Dexter N/A N/A N/A N/A N/A N/A N/A N/A Dollar General 9,002 100.0% 4/27/2034 N/A

 

A-1-10 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Second Largest Tenant Sq. Ft. Second Largest Tenant % of NRA Second Largest Tenant Exp. Date(2) Third Largest Tenant Name(9)(10)(17) Third Largest Tenant Sq. Ft. Third Largest Tenant % of NRA Third Largest Tenant Exp. Date(2) Fourth Largest Tenant Name(9)(10) Fourth Largest Tenant Sq. Ft. Fourth Largest Tenant % of NRA Fourth Largest Tenant Exp. Date(2) Fifth Largest Tenant Name(8)(9)(10)
1 Loan 225 Bush 76,724 13.2% 5/4/2022   Benefit Cosmetics, LLC 61,917 10.7% 8/31/2020   Handshake 52,735 9.1% 7/30/2027   SunRun
2 Loan Chroma 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
3 Loan Wyndham National Hotel Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.01 Property Travelodge - 2307 Wyoming Avenue 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 Travelodge - 2111 Camino Del Llano 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 Travelodge - 1170 W Flaming Gorge Way 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 Baymont Inn & Suites - 1731 South Sunridge Drive 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 Baymont Inn & Suites - 451 Halligan Drive 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 Baymont Inn & Suites - 1608 E Business US 60 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.07 Property Travelodge - 1127 Pony Express Highway N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.08 Property Baymont Inn & Suites - 1130B B East 16th 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
3.09 Property Travelodge - 2680 Airport 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
3.10 Property Super 8 - 720 Royal Parkway N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.11 Property Baymont Inn & Suites - 1051 North Market 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
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.13 Property Baymont Inn & Suites - 95 Spruce 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
3.14 Property Super 8 - 2545 Cornhusker Highway N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.15 Property Travelodge - 1110 SE 4th 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
3.16 Property Baymont Inn & Suites - 2300 Valley West 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
3.17 Property Travelodge - 800 W Laramie 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
3.18 Property Travelodge - 22 North Frontage 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
3.19 Property Travelodge - 123 Westvaco 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
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.21 Property Travelodge - 1710 Jefferson 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
3.22 Property Travelodge - 1625 Stillwater Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.23 Property Travelodge - 8233 Airline Highway N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.24 Property Baymont Inn & Suites - 6390 US-93 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.25 Property Travelodge - 707 East Webster 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
3.26 Property Travelodge - 777 West Hwy 21 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.27 Property Travelodge - 3522 North Highway 59 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.28 Property Travelodge - 108 6th Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.29 Property Travelodge - 2200 E South Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.30 Property Travelodge - 128 South Willow 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
3.31 Property Travelodge - 1005 Highway 285 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.32 Property Days Inn - 3431 14th Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.33 Property Travelodge - 2505 US 69 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.34 Property Baymont Inn & Suites - 3475 Union 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
3.35 Property Travelodge - 1706 North Park Drive N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.36 Property Baymont Inn & Suites - 2005 East Daley 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
3.37 Property Travelodge - 1177 E 16th 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
3.38 Property Baymont Inn & Suites - 35450 Yermo 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
3.39 Property Travelodge - 2407 East Holland Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.40 Property Travelodge - 620 Souder 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
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.42 Property Travelodge - 109 East Commerce 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
3.43 Property Travelodge - 4000 Siskiyou Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
3.44 Property Travelodge - 98 Moffat Avenue 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 Phoenix Industrial Portfolio III Various N/A Various Various Various N/A Various N/A N/A N/A N/A N/A
4.01 Property Galesburg 100,000 11.7% 4/30/2020 N/A N/A N/A N/A N/A N/A N/A N/A N/A
4.02 Property Covington 195,869 40.1% 6/30/2026 N/A N/A N/A N/A N/A N/A N/A N/A N/A
4.03 Property Grafton 70,766 20.4% 2/28/2022 RJK Investments, Inc. 28,466 8.2% 6/30/2024 N/A N/A N/A N/A N/A
5 Loan 3 Columbus Circle 57,359 7.6% 11/30/2027 Nordstrom 46,991 6.2% 10/31/2039 Jazz at Lincoln Center, Inc. 30,653 4.1% 4/30/2028 Josephson
6 Loan ILPT Industrial Portfolio Various N/A Various N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.01 Property 1800 Union Airpark Boulevard N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.02 Property 4237-4255 Anson Boulevard N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.03 Property 5000 Commerce Way N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.04 Property 5142 and 5148 North Hanley 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
6.05 Property 945 Monument Drive N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.06 Property 5500 SE Delaware 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
6.07 Property 2801 Airwest Boulevard N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.08 Property 20 Logistics Boulevard N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.09 Property 2150 Stanley Road 173,430 35.1% 6/30/2027 N/A N/A N/A N/A N/A N/A N/A N/A N/A
6.10 Property 16101 Queens 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
6.11 Property 5 Logistics Drive 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 Loan Orfali Portfolio 1,449 19.2% 3/31/2022 Phaya Cuisine Inc 865 11.5% 12/31/2023 Legacy Brands Isa Llc Dba Dunkin 865 11.5% 12/31/2022 Quantum Leap Natural Restaurant
8 Loan DoubleTree New York Times Square West Leased Fee 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 Loan United Healthcare Office 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 Loan AVR Atlanta Airport SpringHill Gateway 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 Loan 4041 Central 50,810 12.5% 6/30/2023 U.S. Government GSA 36,523 9.0% 9/30/2028 Native American Community Health Center 34,023 8.4% 10/31/2024 Maricopa County (SOS)
12 Loan Century Plaza Towers 116,366 4.8% 4/30/2035 JP Morgan 97,726 4.1% 8/31/2021 Kirkland & Ellis 85,664 3.6% 12/31/2034 Greenberg Glusker
13 Loan Westmont Red Roof Inn Portfolio II N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
13.01 Property Red Roof Inn St. Clairsville N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
13.02 Property Red Roof PLUS+ Phoenix 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
13.03 Property Red Roof PLUS+ West Springfield N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
13.04 Property Red Roof PLUS+ Chicago Naperville N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
14 Loan Crimson Retail Portfolio Various N/A Various Various Various N/A Various Various Various N/A Various Various
14.01 Property Little Elm 31,175 20.8% 6/30/2023 Dollar Tree 10,000 6.7% 4/30/2023 The Draft House 5,057 3.4% 11/30/2024 Hibbett Sporting Goods
14.02 Property South Plaza 21,910 17.2% 4/30/2022 Focus Fit 10,800 8.5% 8/31/2028 Autozone 7,910 6.2% 7/31/2023 Brookesville Natural Foods
14.03 Property JoAnn Fabrics N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
14.04 Property Office Depot N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
15 Loan Redwood Technology Center 41,000 26.5% 12/31/2030 Friedmans Home Improvement 17,287 11.2% 4/30/2022 Sutter West Bay Medical 7,198 4.7% 11/30/2025 Keller Williams Realty
16 Loan Springhill Suites Raleigh Cary N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
17 Loan Muskogee Apartments 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
17.01 Property Country Club N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.02 Property Shady Hollow N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.03 Property South Point N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.04 Property Berwick N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
17.05 Property Village East N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
18 Loan 7105 - 7115 37th Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
19 Loan Carnegie Hotel N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
20 Loan Pinecrest 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
21 Loan Shoppes at Parma 160,961 22.2% 11/30/2023 Dick’s Sporting Goods, Inc. 50,000 6.9% 1/31/2026 Marc’s 48,688 6.7% 12/31/2027 Burlington Coat Factory
22 Loan The Village 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
23 Loan Shelbourne Square 47,900 18.2% 6/30/2040 Planet Fitness 22,500 8.6% 5/31/2026 Dollar Tree Stores, Inc. 11,934 4.5% 10/31/2020 T.D. Amusements, Inc.
24 Loan Mentis 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
24.01 Property Mentis San Antonio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
24.02 Property Mentis Round Rock N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
25 Loan Aliso Viejo Plaza 3,687 10.3% 3/30/2027 Massage Envy 3,000 8.4% 1/31/2022 Top Nails 2,060 5.8% 9/30/2024 Starbucks #567
26 Loan Walmart Supercenter Douglasville N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
27 Loan Medley 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
27.01 Property El Dorado 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
27.02 Property Longview Heights 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

 

A-1-11 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Second Largest Tenant Sq. Ft. Second Largest Tenant % of NRA Second Largest Tenant Exp. Date(2) Third Largest Tenant Name(9)(10)(17) Third Largest Tenant Sq. Ft. Third Largest Tenant % of NRA Third Largest Tenant Exp. Date(2) Fourth Largest Tenant Name(9)(10) Fourth Largest Tenant Sq. Ft. Fourth Largest Tenant % of NRA Fourth Largest Tenant Exp. Date(2) Fifth Largest Tenant Name(8)(9)(10)
27.03 Property Barron 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
27.04 Property Longview Gardens 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
28 Loan Courtyard - Tampa (Citrus 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
29 Loan 1413 Germantown Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
30 Loan Beachwood Village 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 Global Payments, Inc. N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
32 Loan 2701 Grand Concourse 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 Holiday Inn Express Lincoln CA N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
34 Loan Apple Inc. Boulder N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
35 Loan CubeSmart Penn’s Landing N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
36 Loan Holiday Inn Express Early N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
37 Loan 105 Van Cortlandt 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
38 Loan The Ponce Hotel N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
39 Loan 1900 Evans Road 28,611 26.4% 1/31/2026 Petsmart 25,488 23.6% 7/31/2024 Gold Coast Holdings / TGI Fridays 9,100 8.4% 8/31/2024 N/A
40 Loan Rosedale Tech N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
41 Loan Walkham 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
42 Loan 530 West 136th 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
43 Loan Raintree Oaks 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
44 Loan Six Sentry Office Portfolio Various N/A Various Various Various N/A Various Various Various N/A Various Various
44.01 Property 630 Sentry 6,487 25.2% 10/31/2021 Colden Corporation 2,855 11.1% 11/30/2022 Speech Pathology 1,366 5.3% 4/30/2022 Rudolph Clarke LLC
44.02 Property 670 Sentry 3,536 20.6% 1/31/2022 Intertek Testing 2,202 12.8% 2/28/2021 Thrive Wealth Management 1,537 9.0% 9/30/2024 SAGE Insights
44.03 Property 610 Sentry 3,000 18.9% 5/31/2023 Johns Eastern Co. Inc. 2,143 13.5% 3/31/2024 Borer Denton & Associates 2,066 13.0% 1/31/2021 CTN Solutions, Inc.
44.04 Property 620 Sentry 2,730 17.5% 3/31/2020 KT Administrators 2,063 13.2% 9/30/2020 N/A N/A N/A N/A N/A
45 Loan BNSF Logistics N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
46 Loan Airport Square 27,954 12.0% 4/30/2023 (15,990 SF); 4/15/2023 (11,964 SF) USA ACoE 23,266 10.0% 8/31/2020 USA - GSA 17,639 7.6% 9/30/2021 State of Maryland - MMCC
47 Loan Days Inn by Wyndham - Florence N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
48 Loan Brickyard Plaza 13,588 28.5% 7/31/2025 Crossfit (UTE Fitness) 6,680 14.0% 1/31/2030 Ejo Korean Restaurant 4,500 9.4% 5/31/2027 N/A
49 Loan Holiday Inn Express New Albany N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
50 Loan CVS Brownsburg N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
51 Loan Orient Drive Mobile Estates N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
52 Loan Pomona Park 7,000 12.8% 7/31/2024 Fitness 1 Studios, LLC 5,334 9.7% 6/30/2023 ALC Controls Of North Carolina, Inc. 5,040 9.2% 4/30/2021 Guilford Education Alliance    
53 Loan Dollar General Tuckahoe N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
54 Loan Dollar General Rolla N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
55 Loan Dollar General Dexter N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

 

A-1-12 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Fifth Largest Tenant Sq. Ft. Fifth Largest Tenant % of NRA Fifth Largest Tenant Exp. Date(2) Engineering Report Date Environmental Report Date (Phase I)(14)(15) Environmental Report Date (Phase II)(14)(15) Seismic Report Date Seismic PML % Loan Purpose Engineering Reserve / Deferred Maintenance Initial Tax Reserve Monthly Tax Reserve Initial Insurance Reserve Monthly Insurance Reserve Initial Replacement Reserve
1 Loan 225 Bush 43,850 7.6% 5/31/2024 8/12/2019 8/15/2019 N/A 8/13/2019 19.0% Refinance   3,012,292 376,536 838,031 119,719  
2 Loan Chroma Apartments N/A N/A N/A 8/29/2019 9/12/2019 N/A N/A N/A Refinance   16,800 3,360      
3 Loan Wyndham National Hotel Portfolio N/A N/A N/A Various Various N/A Various Various Acquisition 2,014,340 436,502 160,955 790,391 116,681  
3.01 Property Travelodge - 2307 Wyoming Avenue N/A N/A N/A 4/19/2019 4/9/2019 N/A N/A N/A              
3.02 Property Travelodge - 2111 Camino Del Llano N/A N/A N/A 4/5/2019 4/3/2019 N/A N/A N/A              
3.03 Property Travelodge - 1170 W Flaming Gorge Way N/A N/A N/A 4/4/2019 4/3/2019 N/A N/A N/A              
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive N/A N/A N/A 4/2/2019 4/3/2019 N/A 11/26/2019 5.0%              
3.05 Property Baymont Inn & Suites - 451 Halligan Drive N/A N/A N/A 4/22/2019 4/10/2019 N/A N/A N/A              
3.06 Property Baymont Inn & Suites - 1608 E Business US 60 N/A N/A N/A 4/5/2019 4/5/2019 N/A 11/26/2019 9.0%              
3.07 Property Travelodge - 1127 Pony Express Highway N/A N/A N/A 4/19/2019 4/10/2019 N/A N/A N/A              
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street N/A N/A N/A 4/18/2019 4/5/2019 N/A N/A N/A              
3.09 Property Travelodge - 2680 Airport Road N/A N/A N/A 4/10/2019 4/9/2019 N/A N/A N/A              
3.10 Property Super 8 - 720 Royal Parkway N/A N/A N/A 4/22/2019 4/12/2019 N/A N/A N/A              
3.11 Property Baymont Inn & Suites - 1051 North Market Street N/A N/A N/A 4/18/2019 4/5/2019 N/A N/A N/A              
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway N/A N/A N/A 4/5/2019 4/4/2019 N/A N/A N/A              
3.13 Property Baymont Inn & Suites - 95 Spruce Road N/A N/A N/A 4/23/2019 4/22/2019 N/A N/A N/A              
3.14 Property Super 8 - 2545 Cornhusker Highway N/A N/A N/A 4/22/2019 4/12/2019 N/A N/A N/A              
3.15 Property Travelodge - 1110 SE 4th Street N/A N/A N/A 4/22/2019 4/11/2019 N/A N/A N/A              
3.16 Property Baymont Inn & Suites - 2300 Valley West Court N/A N/A N/A 4/2/2019 4/4/2019 N/A N/A N/A              
3.17 Property Travelodge - 800 W Laramie Street N/A N/A N/A 4/9/2019 4/9/2019 N/A N/A N/A              
3.18 Property Travelodge - 22 North Frontage Road N/A N/A N/A 4/23/2019 4/11/2019 N/A N/A N/A              
3.19 Property Travelodge - 123 Westvaco Road N/A N/A N/A 4/22/2019 4/10/2019 N/A N/A N/A              
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue N/A N/A N/A 4/4/2019 4/10/2019 N/A N/A N/A              
3.21 Property Travelodge - 1710 Jefferson Street N/A N/A N/A 4/19/2019 4/9/2019 N/A N/A N/A              
3.22 Property Travelodge - 1625 Stillwater Avenue N/A N/A N/A 4/18/2019 4/8/2019 N/A N/A N/A              
3.23 Property Travelodge - 8233 Airline Highway N/A N/A N/A 4/9/2019 4/8/2019 N/A N/A N/A              
3.24 Property Baymont Inn & Suites - 6390 US-93 N/A N/A N/A 4/22/2019 4/22/2019 N/A 11/26/2019 7.0%              
3.25 Property Travelodge - 707 East Webster Street N/A N/A N/A 4/19/2019 4/11/2019 N/A N/A N/A              
3.26 Property Travelodge - 777 West Hwy 21 N/A N/A N/A 4/19/2019 4/10/2019 N/A N/A N/A              
3.27 Property Travelodge - 3522 North Highway 59 N/A N/A N/A 4/18/2019 4/9/2019 N/A N/A N/A              
3.28 Property Travelodge - 108 6th Avenue N/A N/A N/A 4/5/2019 4/9/2019 N/A N/A N/A              
3.29 Property Travelodge - 2200 E South Avenue N/A N/A N/A 4/19/2019 4/10/2019 N/A N/A N/A              
3.30 Property Travelodge - 128 South Willow Road N/A N/A N/A 4/19/2019 4/11/2019 N/A N/A N/A              
3.31 Property Travelodge - 1005 Highway 285 N/A N/A N/A 4/19/2019 4/11/2019 N/A N/A N/A              
3.32 Property Days Inn - 3431 14th Avenue N/A N/A N/A 4/22/2019 4/12/2019 N/A N/A N/A              
3.33 Property Travelodge - 2505 US 69 N/A N/A N/A 4/19/2019 4/9/2019 N/A N/A N/A              
3.34 Property Baymont Inn & Suites - 3475 Union Road N/A N/A N/A 4/11/2019 4/15/2019 N/A N/A N/A              
3.35 Property Travelodge - 1706 North Park Drive N/A N/A N/A 4/19/2019 4/5/2019 N/A N/A N/A              
3.36 Property Baymont Inn & Suites - 2005 East Daley Street N/A N/A N/A 4/18/2019 4/5/2019 N/A N/A N/A              
3.37 Property Travelodge - 1177 E 16th Street N/A N/A N/A 4/19/2019 4/11/2019 N/A N/A N/A              
3.38 Property Baymont Inn & Suites - 35450 Yermo Road N/A N/A N/A 4/8/2019 4/8/2019 N/A 10/8/2019 8.0%              
3.39 Property Travelodge - 2407 East Holland Avenue N/A N/A N/A 4/5/2019 4/5/2019 N/A N/A N/A              
3.40 Property Travelodge - 620 Souder Road N/A N/A N/A 4/11/2019 4/8/2019 N/A N/A N/A              
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast N/A N/A N/A 4/18/2019 4/5/2019 N/A N/A N/A              
3.42 Property Travelodge - 109 East Commerce Street N/A N/A N/A 4/19/2019 4/10/2019 N/A N/A N/A              
3.43 Property Travelodge - 4000 Siskiyou Avenue N/A N/A N/A 4/8/2019 4/22/2019 N/A N/A N/A              
3.44 Property Travelodge - 98 Moffat Avenue N/A N/A N/A 4/22/2019 4/11/2019 N/A N/A N/A              
4 Loan Phoenix Industrial Portfolio III N/A N/A N/A Various Various N/A N/A N/A Refinance 142,250 175,008 20,663 102,657 12,830  
4.01 Property Galesburg N/A N/A N/A 11/5/2019 11/5/2019 N/A N/A N/A              
4.02 Property Covington N/A N/A N/A 11/5/2019 11/1/2019 N/A N/A N/A              
4.03 Property Grafton N/A N/A N/A 11/4/2019 11/5/2019 N/A N/A N/A              
5 Loan 3 Columbus Circle 22,742 3.0% 12/31/2032 1/22/2019 1/22/2019 N/A N/A N/A Refinance            
6 Loan ILPT Industrial Portfolio N/A N/A N/A Various Various N/A N/A N/A Recapitalization            
6.01 Property 1800 Union Airpark Boulevard N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.02 Property 4237-4255 Anson Boulevard N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.03 Property 5000 Commerce Way N/A N/A N/A 7/26/2019 7/26/2019 N/A N/A N/A              
6.04 Property 5142 and 5148 North Hanley Road N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.05 Property 945 Monument Drive N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.06 Property 5500 SE Delaware Ave N/A N/A N/A 7/30/2019 7/30/2019 N/A N/A N/A              
6.07 Property 2801 Airwest Boulevard N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.08 Property 20 Logistics Boulevard N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.09 Property 2150 Stanley Road N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.10 Property 16101 Queens Court N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
6.11 Property 5 Logistics Drive N/A N/A N/A 7/23/2019 7/23/2019 N/A N/A N/A              
7 Loan Orfali Portfolio 848 11.3% 7/31/2028 9/20/2019 10/23/2019 N/A N/A N/A Refinance 69,625          
8 Loan DoubleTree New York Times Square West Leased Fee N/A N/A N/A 11/11/2019 10/30/2019 N/A N/A N/A Refinance            
9 Loan United Healthcare Office N/A N/A N/A 9/4/2019 9/4/2019 N/A N/A N/A Refinance            
10 Loan AVR Atlanta Airport SpringHill Gateway N/A N/A N/A 10/8/2019 10/9/2019 N/A N/A N/A Refinance 2,188          
11 Loan 4041 Central 32,610 8.0% 6/30/2023 9/23/2019 9/23/2019 N/A N/A N/A Refinance   68,387 68,387 219,773 19,979  
12 Loan Century Plaza Towers 83,199 3.5% 2/28/2035 10/11/2019 10/15/2019 N/A 10/11/2019 18.0% Refinance            
13 Loan Westmont Red Roof Inn Portfolio II N/A N/A N/A 5/15/2019 5/15/2019 N/A N/A N/A Acquisition 20,625 80,168 28,551 35,804 8,951 1,745,322
13.01 Property Red Roof Inn St. Clairsville N/A N/A N/A 5/15/2019 5/15/2019 N/A N/A N/A              
13.02 Property Red Roof PLUS+ Phoenix Airport N/A N/A N/A 5/15/2019 5/15/2019 N/A N/A N/A              
13.03 Property Red Roof PLUS+ West Springfield N/A N/A N/A 5/15/2019 5/15/2019 N/A N/A N/A              
13.04 Property Red Roof PLUS+ Chicago Naperville N/A N/A N/A 5/15/2019 5/15/2019 N/A N/A N/A              
14 Loan Crimson Retail Portfolio Various N/A Various 9/24/2019 9/24/2019 N/A N/A N/A Refinance/Acquisition 233,219 94,740 66,968 24,585 10,976  
14.01 Property Little Elm 5,000 3.3% 5/31/2023 9/24/2019 9/24/2019 N/A N/A N/A              
14.02 Property South Plaza 5,400 4.2% 10/31/2022 9/24/2019 9/24/2019 N/A N/A N/A              
14.03 Property JoAnn Fabrics N/A N/A N/A 9/24/2019 9/24/2019 N/A N/A N/A              
14.04 Property Office Depot N/A N/A N/A 9/24/2019 9/24/2019 N/A N/A N/A              
15 Loan Redwood Technology Center 7,016 4.5% 4/30/2020 10/9/2019 10/9/2019 N/A 10/9/2019 10.0% Refinance   17,459 8,730 26,719 3,107  
16 Loan Springhill Suites Raleigh Cary N/A N/A N/A 10/29/2019 10/29/2019 N/A N/A N/A Refinance     10,500 19,333 1,933  
17 Loan Muskogee Apartments Portfolio N/A N/A N/A Various Various N/A N/A N/A Acquisition 176,625 205,495 17,125 119,787 23,957  
17.01 Property Country Club N/A N/A N/A 11/12/2019 11/11/2019 N/A N/A N/A              
17.02 Property Shady Hollow N/A N/A N/A 11/11/2019 11/11/2019 N/A N/A N/A              
17.03 Property South Point N/A N/A N/A 11/13/2019 11/12/2019 N/A N/A N/A              
17.04 Property Berwick N/A N/A N/A 11/11/2019 11/11/2019 N/A N/A N/A              
17.05 Property Village East N/A N/A N/A 11/12/2019 11/12/2019 N/A N/A N/A              
18 Loan 7105 - 7115 37th Avenue N/A N/A N/A 2/21/2019 2/28/2019 N/A N/A N/A Refinance 42,178 110,250 36,750 29,862 4,977  
19 Loan Carnegie Hotel N/A N/A N/A 10/3/2019 10/3/2019 N/A N/A N/A Refinance 55,495 11,906 11,906 55,962 6,218  
20 Loan Pinecrest Apartments N/A N/A N/A 10/23/2019 10/23/2019 N/A N/A N/A Refinance 17,266 70,076 23,359 13,888 6,944  
21 Loan Shoppes at Parma 45,079 6.2% 2/28/2030 11/6/2019 9/6/2019 N/A N/A N/A Acquisition 30,000 1,005,412 143,630 33,183 11,061  
22 Loan The Village Apartments N/A N/A N/A 10/10/2019 10/2/2019 N/A N/A N/A Refinance 95,319 9,277 5,798 73,677 9,330  
23 Loan Shelbourne Square 5,500 2.1% 2/28/2021 10/30/2019 10/30/2019 N/A N/A N/A Refinance   264,970 40,073 24,655 3,244  
24 Loan Mentis Portfolio N/A N/A N/A 10/2/2019 10/2/2019 N/A N/A N/A Acquisition 1,875     5,800 725  
24.01 Property Mentis San Antonio N/A N/A N/A 10/2/2019 10/2/2019 N/A N/A N/A              
24.02 Property Mentis Round Rock N/A N/A N/A 10/2/2019 10/2/2019 N/A N/A N/A              
25 Loan Aliso Viejo Plaza 2,050 5.7% 8/14/2028 10/11/2019 11/1/2019 N/A 10/11/2019 7.0% Refinance            
26 Loan Walmart Supercenter Douglasville N/A N/A N/A 10/18/2019 11/14/2019 N/A N/A N/A Acquisition            
27 Loan Medley Portfolio N/A N/A N/A Various Various N/A N/A N/A Refinance 174,904 27,180 13,590 100,000 12,500  
27.01 Property El Dorado Apartments N/A N/A N/A 9/23/2019 9/18/2019 N/A N/A N/A              
27.02 Property Longview Heights Apartments N/A N/A N/A 9/20/2019 9/18/2019 N/A N/A N/A              

 

A-1-13 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Fifth Largest Tenant Sq. Ft. Fifth Largest Tenant % of NRA Fifth Largest Tenant Exp. Date(2) Engineering Report Date Environmental Report Date (Phase I)(14)(15) Environmental Report Date (Phase II)(14)(15) Seismic Report Date Seismic PML % Loan Purpose Engineering Reserve / Deferred Maintenance Initial Tax Reserve Monthly Tax Reserve Initial Insurance Reserve Monthly Insurance Reserve Initial Replacement Reserve
27.03 Property Barron Court Apartments N/A N/A N/A 9/19/2019 9/19/2019 N/A N/A N/A              
27.04 Property Longview Gardens Apartments N/A N/A N/A 9/18/2019 9/18/2019 N/A N/A N/A              
28 Loan Courtyard - Tampa (Citrus Park) N/A N/A N/A 7/19/2019 7/18/2019 N/A N/A N/A Acquisition 6,250 47,417 23,708 39,082 6,979  
29 Loan 1413 Germantown Avenue N/A N/A N/A 8/27/2019 8/27/2019 N/A N/A N/A Refinance   5,724 1,145 27,248 2,725  
30 Loan Beachwood Village N/A N/A N/A 10/30/2019 10/31/2019 N/A 10/30/2019 7.0% Refinance   30,909 10,303 4,226 2,113  
31 Loan Global Payments, Inc. N/A N/A N/A 9/9/2019 9/10/2019 N/A N/A N/A Acquisition            
32 Loan 2701 Grand Concourse N/A N/A N/A 10/10/2019 10/29/2019 N/A N/A N/A Refinance 95,188 8,012 8,012 18,039 5,723  
33 Loan Holiday Inn Express Lincoln CA N/A N/A N/A 10/18/2019 10/18/2019 N/A 10/18/2019 3.0% Refinance   27,903 9,301 18,203 2,275  
34 Loan Apple Inc. Boulder N/A N/A N/A 10/30/2019 9/25/2019 N/A N/A N/A Acquisition 4,565 75,951 8,831 5,139 1,977  
35 Loan CubeSmart Penn’s Landing N/A N/A N/A 8/6/2019 8/6/2019; 9/20/2019 N/A N/A N/A Refinance   158,019 17,558      
36 Loan Holiday Inn Express Early N/A N/A N/A 10/29/2019 10/30/2019 N/A N/A N/A Refinance     9,456 32,980 2,998  
37 Loan 105 Van Cortlandt Park N/A N/A N/A 9/25/2019 9/25/2019 N/A N/A N/A Refinance 26,388 3,362 3,362 26,801 2,536  
38 Loan The Ponce Hotel N/A N/A N/A 9/17/2019 9/17/2019 N/A N/A N/A Refinance   6,974 6,974 5,639 2,819  
39 Loan 1900 Evans Road N/A N/A N/A 10/16/2019 10/16/2019 N/A N/A N/A Refinance 14,375 33,523 16,762 17,047 3,706  
40 Loan Rosedale Tech N/A N/A N/A 11/20/2019 9/30/2019 N/A N/A N/A Acquisition 264,960     6,038 2,322  
41 Loan Walkham Townhomes N/A N/A N/A 10/18/2019 10/17/2019 N/A 10/18/2019 9.0% Refinance 19,375 18,750 3,750 2,150 1,075  
42 Loan 530 West 136th Street N/A N/A N/A 9/23/2019 9/20/2019 N/A N/A N/A Refinance 30,750   8,715 7,946 2,649 87,500
43 Loan Raintree Oaks Apartments N/A N/A N/A 10/21/2019 10/21/2019 N/A N/A N/A Refinance   17,169 6,604 54,879    
44 Loan Six Sentry Office Portfolio Various N/A Various 10/4/2019 11/6/2019 N/A N/A N/A Refinance   11,737 11,737 12,450 2,075  
44.01 Property 630 Sentry 1,003 3.9% 4/30/2022 10/4/2019 11/6/2019 N/A N/A N/A              
44.02 Property 670 Sentry 1,426 8.3% 10/1/2019 10/4/2019 11/6/2019 N/A N/A N/A              
44.03 Property 610 Sentry 1,538 9.7% 7/31/2021 10/4/2019 11/6/2019 N/A N/A N/A              
44.04 Property 620 Sentry N/A N/A N/A 10/4/2019 11/6/2019 N/A N/A N/A              
45 Loan BNSF Logistics N/A N/A N/A 11/8/2019 11/8/2019 N/A N/A N/A Acquisition   9,484 2,634 6,264 728  
46 Loan Airport Square 10,900 4.7% 1/31/2028 8/19/2019 8/16/2019 N/A N/A N/A Refinance 19,080 78,500 26,167 5,940 2,970  
47 Loan Days Inn by Wyndham - Florence N/A N/A N/A 10/29/2019 10/29/2019 N/A N/A N/A Refinance 3,750 7,161 2,754 24,416 4,360  
48 Loan Brickyard Plaza N/A N/A N/A 9/19/2019 9/19/2019 N/A 9/19/2019 10.0% Refinance   5,497 5,497      
49 Loan Holiday Inn Express New Albany N/A N/A N/A 11/19/2019 11/19/2019 N/A N/A N/A Refinance   53,000 4,293 22,000 1,739  
50 Loan CVS Brownsburg N/A N/A N/A 10/8/2019 10/8/2019 N/A N/A N/A Refinance 11,673         27,000
51 Loan Orient Drive Mobile Estates N/A N/A N/A 9/19/2019 N/A N/A 9/19/2019 10.0% Refinance   4,112 2,056      
52 Loan Pomona Park 3,430 6.3% 2/28/2022 9/12/2019 9/12/2019 N/A N/A N/A Refinance 102,178 3,305 3,305 739 739  
53 Loan Dollar General Tuckahoe N/A N/A N/A 11/15/2019 10/8/2019 N/A N/A N/A Acquisition   4,571 1,143      
54 Loan Dollar General Rolla N/A N/A N/A 9/19/2019 9/19/2019 N/A N/A N/A Acquisition   4,000        
55 Loan Dollar General Dexter N/A N/A N/A 5/15/2019 5/13/2019 N/A N/A N/A Acquisition   4,000        

 

A-1-14 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Monthly Replacement Reserve(13) Replacement Reserve Cap Initial TI/LC Reserve(10)(11) Monthly TI/LC Reserve(11) TI/LC Reserve Cap Other Reserve Reserve Description(12)(14)(18)(19)
1 Loan 225 Bush 9,666 231,995 4,097,106 96,665 3,479,922 Rent Concession Reserve
2 Loan Chroma Apartments 4,243 101,844   2,451 58,827 Rent Concession Reserve ($70,382); Outstanding TI/LC Reserve ($564,659); Gap Rent Reserve ($22,368)
3 Loan Wyndham National Hotel Portfolio 235,965       N/A PIP Funds ($7,417,247); Railroad Contract Renewal Funds ($7,000,000); Post-Closing Obligation Funds (500,000)
3.01 Property Travelodge - 2307 Wyoming Avenue            
3.02 Property Travelodge - 2111 Camino Del Llano            
3.03 Property Travelodge - 1170 W Flaming Gorge Way            
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive            
3.05 Property Baymont Inn & Suites - 451 Halligan Drive            
3.06 Property Baymont Inn & Suites - 1608 E Business US 60            
3.07 Property Travelodge - 1127 Pony Express Highway            
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street            
3.09 Property Travelodge - 2680 Airport Road            
3.10 Property Super 8 - 720 Royal Parkway            
3.11 Property Baymont Inn & Suites - 1051 North Market Street            
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway            
3.13 Property Baymont Inn & Suites - 95 Spruce Road            
3.14 Property Super 8 - 2545 Cornhusker Highway            
3.15 Property Travelodge - 1110 SE 4th Street            
3.16 Property Baymont Inn & Suites - 2300 Valley West Court            
3.17 Property Travelodge - 800 W Laramie Street            
3.18 Property Travelodge - 22 North Frontage Road            
3.19 Property Travelodge - 123 Westvaco Road            
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue            
3.21 Property Travelodge - 1710 Jefferson Street            
3.22 Property Travelodge - 1625 Stillwater Avenue            
3.23 Property Travelodge - 8233 Airline Highway            
3.24 Property Baymont Inn & Suites - 6390 US-93            
3.25 Property Travelodge - 707 East Webster Street            
3.26 Property Travelodge - 777 West Hwy 21            
3.27 Property Travelodge - 3522 North Highway 59            
3.28 Property Travelodge - 108 6th Avenue            
3.29 Property Travelodge - 2200 E South Avenue            
3.30 Property Travelodge - 128 South Willow Road            
3.31 Property Travelodge - 1005 Highway 285            
3.32 Property Days Inn - 3431 14th Avenue            
3.33 Property Travelodge - 2505 US 69            
3.34 Property Baymont Inn & Suites - 3475 Union Road            
3.35 Property Travelodge - 1706 North Park Drive            
3.36 Property Baymont Inn & Suites - 2005 East Daley Street            
3.37 Property Travelodge - 1177 E 16th Street            
3.38 Property Baymont Inn & Suites - 35450 Yermo Road            
3.39 Property Travelodge - 2407 East Holland Avenue            
3.40 Property Travelodge - 620 Souder Road            
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast            
3.42 Property Travelodge - 109 East Commerce Street            
3.43 Property Travelodge - 4000 Siskiyou Avenue            
3.44 Property Travelodge - 98 Moffat Avenue            
4 Loan Phoenix Industrial Portfolio III 14,068 337,578 500,000   500,000 Blick Art Work Reserve ($500,000); VFI Abatement Funds ($1,000,000)
4.01 Property Galesburg            
4.02 Property Covington            
4.03 Property Grafton            
5 Loan 3 Columbus Circle   1,000,000     5,000,000 Free Rent Reserve; Outstanding TI/LC Reserve
6 Loan ILPT Industrial Portfolio   N/A     N/A Toro Expansion Reserve
6.01 Property 1800 Union Airpark Boulevard            
6.02 Property 4237-4255 Anson Boulevard            
6.03 Property 5000 Commerce Way            
6.04 Property 5142 and 5148 North Hanley Road            
6.05 Property 945 Monument Drive            
6.06 Property 5500 SE Delaware Ave            
6.07 Property 2801 Airwest Boulevard            
6.08 Property 20 Logistics Boulevard            
6.09 Property 2150 Stanley Road            
6.10 Property 16101 Queens Court            
6.11 Property 5 Logistics Drive            
7 Loan Orfali Portfolio   N/A     N/A N/A
8 Loan DoubleTree New York Times Square West Leased Fee   N/A     N/A N/A
9 Loan United Healthcare Office 3,402 N/A   29,768 N/A Material Tenant Rollover
10 Loan AVR Atlanta Airport SpringHill Gateway   N/A     N/A N/A
11 Loan 4041 Central 6,774 243,864 2,250,000 33,817 4,000,000 Common Area Reserve
12 Loan Century Plaza Towers   N/A     N/A Rollover Funds ($71,223,945.39); Free Rent Funds ($29,545,734.88)
13 Loan Westmont Red Roof Inn Portfolio II 5% of actual Rents for the second prior month N/A     N/A N/A
13.01 Property Red Roof Inn St. Clairsville            
13.02 Property Red Roof PLUS+ Phoenix Airport            
13.03 Property Red Roof PLUS+ West Springfield            
13.04 Property Red Roof PLUS+ Chicago Naperville            
14 Loan Crimson Retail Portfolio 3,980 334,397 215,000 15,919 1,146,161 Rent Concessions Reserve ($23,688); TATILC Reserve Funds ($545,000)
14.01 Property Little Elm            
14.02 Property South Plaza            
14.03 Property JoAnn Fabrics            
14.04 Property Office Depot            
15 Loan Redwood Technology Center 2,577 77,306 750,000 19,327 N/A Rent Concession Funds
16 Loan Springhill Suites Raleigh Cary 15,196 N/A     N/A N/A
17 Loan Muskogee Apartments Portfolio 14,324 N/A     N/A N/A
17.01 Property Country Club            
17.02 Property Shady Hollow            
17.03 Property South Point            
17.04 Property Berwick            
17.05 Property Village East            
18 Loan 7105 - 7115 37th Avenue 2,208 N/A     N/A Violations Collateral Reserve
19 Loan Carnegie Hotel 29,280 N/A     N/A N/A
20 Loan Pinecrest Apartments 7,825 N/A     N/A N/A
21 Loan Shoppes at Parma 12,105 N/A   30,261 1,500,000 Chick Fil A Reserve ($772,692); JCP Roof Reserve ($250,000)
22 Loan The Village Apartments 9,271 N/A     N/A N/A
23 Loan Shelbourne Square 3,281 N/A   10,937 100,000 N/A
24 Loan Mentis Portfolio   N/A 700,000   N/A N/A
24.01 Property Mentis San Antonio            
24.02 Property Mentis Round Rock            
25 Loan Aliso Viejo Plaza   N/A     N/A N/A
26 Loan Walmart Supercenter Douglasville   N/A     N/A N/A
27 Loan Medley Portfolio 12,329 N/A     N/A N/A
27.01 Property El Dorado Apartments            
27.02 Property Longview Heights Apartments            

 

A-1-15 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Monthly Replacement Reserve(13) Replacement Reserve Cap Initial TI/LC Reserve(10)(11) Monthly TI/LC Reserve(11) TI/LC Reserve Cap Other Reserve Reserve Description(12)(14)(18)(19)
27.03 Property Barron Court Apartments            
27.04 Property Longview Gardens Apartments            
28 Loan Courtyard - Tampa (Citrus Park) 18,462 N/A     N/A Replacement Comfort Letter Reserve ($2,500); Seasonality Reserve ($50,000); Working Capital Reserve ($350,000)
29 Loan 1413 Germantown Avenue 1,042 N/A     N/A N/A
30 Loan Beachwood Village 456 N/A     N/A N/A
31 Loan Global Payments, Inc.   N/A     N/A Lease Sweep Reserve
32 Loan 2701 Grand Concourse 1,473 N/A     N/A N/A
33 Loan Holiday Inn Express Lincoln CA Year 1: 1/12th of 0% of the annual operating income of the property, Year 2: 1/12th of 3% of the annual operating income of the property, Thereafter: 1/12th of 4% of the annual operating income of the property. N/A     N/A PIP Reserve
34 Loan Apple Inc. Boulder 479 N/A   3,189 N/A Rent Concession Reserve ($129,285); TATILC Reserve ($1,315,368)
35 Loan CubeSmart Penn’s Landing 836 N/A     N/A N/A
36 Loan Holiday Inn Express Early 8,335 N/A     N/A N/A
37 Loan 105 Van Cortlandt Park 1,021 N/A     N/A N/A
38 Loan The Ponce Hotel 8,786 N/A     N/A N/A
39 Loan 1900 Evans Road 1,352 N/A   4,959 N/A Estoppel Reserve
40 Loan Rosedale Tech   N/A     N/A Rosedale Tech LOC Transfer Funds
41 Loan Walkham Townhomes 565 20,331     N/A N/A
42 Loan 530 West 136th Street 792 N/A     N/A N/A
43 Loan Raintree Oaks Apartments 2,271 N/A     N/A Condominium Common Charges Reserve
44 Loan Six Sentry Office Portfolio 1,984 N/A 250,000 3,100 N/A Rent Concession Funds Reserve ($63,576); Condominium Common Charges Reserve ($12,015)
44.01 Property 630 Sentry            
44.02 Property 670 Sentry            
44.03 Property 610 Sentry            
44.04 Property 620 Sentry            
45 Loan BNSF Logistics 343 N/A 220,000   N/A N/A
46 Loan Airport Square 2,912 174,702 500,000 19,411 N/A Outstanding TI/LC Reserves
47 Loan Days Inn by Wyndham - Florence 6,160 N/A     N/A Seasonality Reserve
48 Loan Brickyard Plaza 1,074 N/A   2,982 N/A Rent Concession Reserve ($25,094); Existing TI/LC Reserve ($578,691); Major Tenant Reserve (Springing)
49 Loan Holiday Inn Express New Albany 4,989 N/A     N/A PIP Reserve
50 Loan CVS Brownsburg 127 N/A   633 N/A N/A
51 Loan Orient Drive Mobile Estates   N/A     N/A N/A
52 Loan Pomona Park 456 16,415 100,000 1,263 100,000 N/A
53 Loan Dollar General Tuckahoe   N/A     N/A N/A
54 Loan Dollar General Rolla   N/A     N/A N/A
55 Loan Dollar General Dexter   N/A     N/A N/A

 

A-1-16 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Initial Other Reserve(12)(14)(18)(19) Monthly Other Reserve(12) Other Reserve Cap(12) Ownership Interest(7)(21) Ground Lease Initial Expiration Date Ground Lease Extension Options
1 Loan 225 Bush 886,122   N/A Fee Simple N/A N/A
2 Loan Chroma Apartments 657,409   N/A Fee Simple N/A N/A
3 Loan Wyndham National Hotel Portfolio 14,917,247   N/A Various Various Various
3.01 Property Travelodge - 2307 Wyoming Avenue       Fee Simple/Leasehold 1/30/2028 N/A
3.02 Property Travelodge - 2111 Camino Del Llano       Fee Simple N/A N/A
3.03 Property Travelodge - 1170 W Flaming Gorge Way       Fee Simple N/A N/A
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive       Fee Simple N/A N/A
3.05 Property Baymont Inn & Suites - 451 Halligan Drive       Fee Simple N/A N/A
3.06 Property Baymont Inn & Suites - 1608 E Business US 60       Fee Simple N/A N/A
3.07 Property Travelodge - 1127 Pony Express Highway       Fee Simple N/A N/A
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street       Fee Simple N/A N/A
3.09 Property Travelodge - 2680 Airport Road       Fee Simple N/A N/A
3.10 Property Super 8 - 720 Royal Parkway       Fee Simple N/A N/A
3.11 Property Baymont Inn & Suites - 1051 North Market Street       Fee Simple N/A N/A
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway       Fee Simple N/A N/A
3.13 Property Baymont Inn & Suites - 95 Spruce Road       Fee Simple N/A N/A
3.14 Property Super 8 - 2545 Cornhusker Highway       Fee Simple N/A N/A
3.15 Property Travelodge - 1110 SE 4th Street       Fee Simple N/A N/A
3.16 Property Baymont Inn & Suites - 2300 Valley West Court       Fee Simple N/A N/A
3.17 Property Travelodge - 800 W Laramie Street       Fee Simple N/A N/A
3.18 Property Travelodge - 22 North Frontage Road       Fee Simple N/A N/A
3.19 Property Travelodge - 123 Westvaco Road       Fee Simple N/A N/A
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue       Fee Simple N/A N/A
3.21 Property Travelodge - 1710 Jefferson Street       Fee Simple N/A N/A
3.22 Property Travelodge - 1625 Stillwater Avenue       Fee Simple N/A N/A
3.23 Property Travelodge - 8233 Airline Highway       Fee Simple N/A N/A
3.24 Property Baymont Inn & Suites - 6390 US-93       Fee Simple N/A N/A
3.25 Property Travelodge - 707 East Webster Street       Fee Simple N/A N/A
3.26 Property Travelodge - 777 West Hwy 21       Fee Simple N/A N/A
3.27 Property Travelodge - 3522 North Highway 59       Fee Simple N/A N/A
3.28 Property Travelodge - 108 6th Avenue       Fee Simple N/A N/A
3.29 Property Travelodge - 2200 E South Avenue       Fee Simple N/A N/A
3.30 Property Travelodge - 128 South Willow Road       Fee Simple N/A N/A
3.31 Property Travelodge - 1005 Highway 285       Fee Simple N/A N/A
3.32 Property Days Inn - 3431 14th Avenue       Fee Simple N/A N/A
3.33 Property Travelodge - 2505 US 69       Fee Simple N/A N/A
3.34 Property Baymont Inn & Suites - 3475 Union Road       Fee Simple N/A N/A
3.35 Property Travelodge - 1706 North Park Drive       Fee Simple N/A N/A
3.36 Property Baymont Inn & Suites - 2005 East Daley Street       Fee Simple N/A N/A
3.37 Property Travelodge - 1177 E 16th Street       Fee Simple N/A N/A
3.38 Property Baymont Inn & Suites - 35450 Yermo Road       Fee Simple N/A N/A
3.39 Property Travelodge - 2407 East Holland Avenue       Fee Simple N/A N/A
3.40 Property Travelodge - 620 Souder Road       Fee Simple N/A N/A
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast       Fee Simple N/A N/A
3.42 Property Travelodge - 109 East Commerce Street       Fee Simple N/A N/A
3.43 Property Travelodge - 4000 Siskiyou Avenue       Fee Simple N/A N/A
3.44 Property Travelodge - 98 Moffat Avenue       Fee Simple N/A N/A
4 Loan Phoenix Industrial Portfolio III 1,500,000   N/A Fee Simple N/A N/A
4.01 Property Galesburg       Fee Simple N/A N/A
4.02 Property Covington       Fee Simple N/A N/A
4.03 Property Grafton       Fee Simple N/A N/A
5 Loan 3 Columbus Circle 847,793.62 Free Rent Reserve; 1,820,891.36 Outstanding TI/LC Reserve Springing 40,000,000 Young & Rubicam Reserve Fee Simple N/A N/A
6 Loan ILPT Industrial Portfolio 6,134,904   N/A Fee Simple N/A N/A
6.01 Property 1800 Union Airpark Boulevard       Fee Simple N/A N/A
6.02 Property 4237-4255 Anson Boulevard       Fee Simple N/A N/A
6.03 Property 5000 Commerce Way       Fee Simple N/A N/A
6.04 Property 5142 and 5148 North Hanley Road       Fee Simple N/A N/A
6.05 Property 945 Monument Drive       Fee Simple N/A N/A
6.06 Property 5500 SE Delaware Ave       Fee Simple N/A N/A
6.07 Property 2801 Airwest Boulevard       Fee Simple N/A N/A
6.08 Property 20 Logistics Boulevard       Fee Simple N/A N/A
6.09 Property 2150 Stanley Road       Fee Simple N/A N/A
6.10 Property 16101 Queens Court       Fee Simple N/A N/A
6.11 Property 5 Logistics Drive       Fee Simple N/A N/A
7 Loan Orfali Portfolio     N/A Fee Simple N/A N/A
8 Loan DoubleTree New York Times Square West Leased Fee     N/A Fee Simple N/A N/A
9 Loan United Healthcare Office 1,000,000   N/A Fee Simple N/A N/A
10 Loan AVR Atlanta Airport SpringHill Gateway     N/A Fee Simple N/A N/A
11 Loan 4041 Central 250,000   N/A Fee Simple N/A N/A
12 Loan Century Plaza Towers 100,769,680   N/A Fee Simple N/A N/A
13 Loan Westmont Red Roof Inn Portfolio II     N/A Fee Simple N/A N/A
13.01 Property Red Roof Inn St. Clairsville       Fee Simple N/A N/A
13.02 Property Red Roof PLUS+ Phoenix Airport       Fee Simple N/A N/A
13.03 Property Red Roof PLUS+ West Springfield       Fee Simple N/A N/A
13.04 Property Red Roof PLUS+ Chicago Naperville       Fee Simple N/A N/A
14 Loan Crimson Retail Portfolio 568,688 125 $500,000 Material Tenant Rollover Fee Simple N/A N/A
14.01 Property Little Elm       Fee Simple N/A N/A
14.02 Property South Plaza       Fee Simple N/A N/A
14.03 Property JoAnn Fabrics       Fee Simple N/A N/A
14.04 Property Office Depot       Fee Simple N/A N/A
15 Loan Redwood Technology Center     N/A Fee Simple N/A N/A
16 Loan Springhill Suites Raleigh Cary     N/A Fee Simple NAP N/A
17 Loan Muskogee Apartments Portfolio     N/A Fee Simple N/A N/A
17.01 Property Country Club       Fee Simple N/A N/A
17.02 Property Shady Hollow       Fee Simple N/A N/A
17.03 Property South Point       Fee Simple N/A N/A
17.04 Property Berwick       Fee Simple N/A N/A
17.05 Property Village East       Fee Simple N/A N/A
18 Loan 7105 - 7115 37th Avenue 100,000   N/A Fee Simple N/A N/A
19 Loan Carnegie Hotel     N/A Fee Simple N/A N/A
20 Loan Pinecrest Apartments     N/A Fee Simple N/A N/A
21 Loan Shoppes at Parma 1,022,692   N/A Fee Simple N/A N/A
22 Loan The Village Apartments     N/A Fee Simple N/A N/A
23 Loan Shelbourne Square     N/A Fee Simple N/A N/A
24 Loan Mentis Portfolio     N/A Fee Simple N/A N/A
24.01 Property Mentis San Antonio       Fee Simple N/A N/A
24.02 Property Mentis Round Rock       Fee Simple N/A N/A
25 Loan Aliso Viejo Plaza     N/A Fee Simple N/A N/A
26 Loan Walmart Supercenter Douglasville     N/A Fee Simple N/A N/A
27 Loan Medley Portfolio     N/A Fee Simple N/A N/A
27.01 Property El Dorado Apartments       Fee Simple N/A N/A
27.02 Property Longview Heights Apartments       Fee Simple N/A N/A

 

A-1-17 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Initial Other Reserve(12)(14)(18)(19) Monthly Other Reserve(12) Other Reserve Cap(12) Ownership Interest(7)(21) Ground Lease Initial Expiration Date Ground Lease Extension Options
27.03 Property Barron Court Apartments       Fee Simple N/A N/A
27.04 Property Longview Gardens Apartments       Fee Simple N/A N/A
28 Loan Courtyard - Tampa (Citrus Park) 402,500 Seasonality Reserve (On each Payment Date occurring in a Seasonality Funds Deposit Month, the Monthly Seasonality Deposit); PIP Reserve (Springing Excess Cash Flow) N/A Fee Simple N/A N/A
29 Loan 1413 Germantown Avenue     N/A Fee Simple N/A N/A
30 Loan Beachwood Village     N/A Fee Simple N/A N/A
31 Loan Global Payments, Inc.     2,704,764 Fee Simple N/A N/A
32 Loan 2701 Grand Concourse     N/A Fee Simple N/A N/A
33 Loan Holiday Inn Express Lincoln CA 1,234,375   N/A Fee Simple N/A N/A
34 Loan Apple Inc. Boulder 1,444,653   N/A Fee Simple N/A N/A
35 Loan CubeSmart Penn’s Landing     N/A Fee Simple N/A N/A
36 Loan Holiday Inn Express Early     N/A Fee Simple N/A N/A
37 Loan 105 Van Cortlandt Park     N/A Fee Simple N/A N/A
38 Loan The Ponce Hotel   Springing N/A Fee Simple N/A N/A
39 Loan 1900 Evans Road 400,000   N/A Fee Simple N/A N/A
40 Loan Rosedale Tech 5,000   N/A Fee Simple N/A N/A
41 Loan Walkham Townhomes     N/A Fee Simple N/A N/A
42 Loan 530 West 136th Street     N/A Fee Simple N/A N/A
43 Loan Raintree Oaks Apartments 35,264 Springing N/A Fee Simple N/A N/A
44 Loan Six Sentry Office Portfolio 75,591 6,008 N/A Fee Simple N/A N/A
44.01 Property 630 Sentry       Fee Simple N/A N/A
44.02 Property 670 Sentry       Fee Simple N/A N/A
44.03 Property 610 Sentry       Fee Simple N/A N/A
44.04 Property 620 Sentry       Fee Simple N/A N/A
45 Loan BNSF Logistics     N/A Fee Simple N/A N/A
46 Loan Airport Square 2,822,830   N/A Fee Simple N/A N/A
47 Loan Days Inn by Wyndham - Florence 35,000 Seasonality Reserve (On each Payment Date occurring in a Seasonality Funds Deposit Month, the Monthly Seasonality Deposit); PIP Reserve (Springing Excess Cash Flow) N/A Fee Simple N/A N/A
48 Loan Brickyard Plaza 603,785   N/A Fee Simple N/A N/A
49 Loan Holiday Inn Express New Albany 900,000 Seasonality Reserve N/A Fee Simple N/A N/A
50 Loan CVS Brownsburg     N/A Fee Simple N/A N/A
51 Loan Orient Drive Mobile Estates     N/A Fee Simple N/A N/A
52 Loan Pomona Park     N/A Fee Simple N/A N/A
53 Loan Dollar General Tuckahoe     N/A Fee Simple N/A N/A
54 Loan Dollar General Rolla     N/A Fee Simple N/A N/A
55 Loan Dollar General Dexter     N/A Fee Simple N/A N/A

 

A-1-18 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Lockbox Cash Management Cut-off Date Pari Passu Mortgage Debt Balance Cut-off Date Subord. Mortgage Debt Balance Total Mortgage Debt Cut-off Date LTV Ratio Total Mortgage Debt UW NCF DSCR Total Mortgage Debt UW NOI Debt Yield Cut-off Date Mezzanine Debt Balance(16) Total Debt Cut-off Date LTV Ratio Total Debt UW NCF DSCR Total Debt UW NOI Debt Yield Future Secured Subordinate Debt (Y/N)
1 Loan 225 Bush Hard Springing 168,600,000 146,400,000 59% 2.24 7.8% N/A N/A N/A N/A No
2 Loan Chroma Apartments Hard Springing 15,000,000 N/A N/A N/A N/A 10,100,000 82.3% 1.20x 6.2% No
3 Loan Wyndham National Hotel Portfolio Hard Springing 110,000,000 N/A N/A N/A N/A N/A N/A N/A N/A No
3.01 Property Travelodge - 2307 Wyoming Avenue                        
3.02 Property Travelodge - 2111 Camino Del Llano                        
3.03 Property Travelodge - 1170 W Flaming Gorge Way                        
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive                        
3.05 Property Baymont Inn & Suites - 451 Halligan Drive                        
3.06 Property Baymont Inn & Suites - 1608 E Business US 60                        
3.07 Property Travelodge - 1127 Pony Express Highway                        
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street                        
3.09 Property Travelodge - 2680 Airport Road                        
3.10 Property Super 8 - 720 Royal Parkway                        
3.11 Property Baymont Inn & Suites - 1051 North Market Street                        
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway                        
3.13 Property Baymont Inn & Suites - 95 Spruce Road                        
3.14 Property Super 8 - 2545 Cornhusker Highway                        
3.15 Property Travelodge - 1110 SE 4th Street                        
3.16 Property Baymont Inn & Suites - 2300 Valley West Court                        
3.17 Property Travelodge - 800 W Laramie Street                        
3.18 Property Travelodge - 22 North Frontage Road                        
3.19 Property Travelodge - 123 Westvaco Road                        
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue                        
3.21 Property Travelodge - 1710 Jefferson Street                        
3.22 Property Travelodge - 1625 Stillwater Avenue                        
3.23 Property Travelodge - 8233 Airline Highway                        
3.24 Property Baymont Inn & Suites - 6390 US-93                        
3.25 Property Travelodge - 707 East Webster Street                        
3.26 Property Travelodge - 777 West Hwy 21                        
3.27 Property Travelodge - 3522 North Highway 59                        
3.28 Property Travelodge - 108 6th Avenue                        
3.29 Property Travelodge - 2200 E South Avenue                        
3.30 Property Travelodge - 128 South Willow Road                        
3.31 Property Travelodge - 1005 Highway 285                        
3.32 Property Days Inn - 3431 14th Avenue                        
3.33 Property Travelodge - 2505 US 69                        
3.34 Property Baymont Inn & Suites - 3475 Union Road                        
3.35 Property Travelodge - 1706 North Park Drive                        
3.36 Property Baymont Inn & Suites - 2005 East Daley Street                        
3.37 Property Travelodge - 1177 E 16th Street                        
3.38 Property Baymont Inn & Suites - 35450 Yermo Road                        
3.39 Property Travelodge - 2407 East Holland Avenue                        
3.40 Property Travelodge - 620 Souder Road                        
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast                        
3.42 Property Travelodge - 109 East Commerce Street                        
3.43 Property Travelodge - 4000 Siskiyou Avenue                        
3.44 Property Travelodge - 98 Moffat Avenue                        
4 Loan Phoenix Industrial Portfolio III Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
4.01 Property Galesburg                        
4.02 Property Covington                        
4.03 Property Grafton                        
5 Loan 3 Columbus Circle Hard In Place 460,000,000 105,000,000 55% 2.40 10.2% N/A N/A N/A N/A No
6 Loan ILPT Industrial Portfolio Hard Springing 184,400,000 135,600,000 64% 2.47 9.1% N/A N/A N/A N/A No
6.01 Property 1800 Union Airpark Boulevard                        
6.02 Property 4237-4255 Anson Boulevard                        
6.03 Property 5000 Commerce Way                        
6.04 Property 5142 and 5148 North Hanley Road                        
6.05 Property 945 Monument Drive                        
6.06 Property 5500 SE Delaware Ave                        
6.07 Property 2801 Airwest Boulevard                        
6.08 Property 20 Logistics Boulevard                        
6.09 Property 2150 Stanley Road                        
6.10 Property 16101 Queens Court                        
6.11 Property 5 Logistics Drive                        
7 Loan Orfali Portfolio Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
8 Loan DoubleTree New York Times Square West Leased Fee None None 30,000,000 32,000,000 68% 1.59 6.1% N/A N/A N/A N/A No
9 Loan United Healthcare Office Hard Springing 20,000,000 N/A N/A N/A N/A 6,000,000 75.2% 1.30 9.0% No
10 Loan AVR Atlanta Airport SpringHill Gateway Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
11 Loan 4041 Central Hard In Place 19,442,218 N/A N/A N/A N/A N/A N/A N/A N/A No
12 Loan Century Plaza Towers Hard Springing 880,000,000 300,000,000 52% 3.06x 10.1% N/A N/A N/A N/A No
13 Loan Westmont Red Roof Inn Portfolio II Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
13.01 Property Red Roof Inn St. Clairsville                        
13.02 Property Red Roof PLUS+ Phoenix Airport                        
13.03 Property Red Roof PLUS+ West Springfield                        
13.04 Property Red Roof PLUS+ Chicago Naperville                        
14 Loan Crimson Retail Portfolio Hard Springing 16,556,250 N/A N/A N/A N/A N/A N/A N/A N/A No
14.01 Property Little Elm                        
14.02 Property South Plaza                        
14.03 Property JoAnn Fabrics                        
14.04 Property Office Depot                        
15 Loan Redwood Technology Center Springing Springing 20,000,000 N/A N/A N/A N/A N/A N/A N/A N/A No
16 Loan Springhill Suites Raleigh Cary Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
17 Loan Muskogee Apartments Portfolio Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
17.01 Property Country Club                        
17.02 Property Shady Hollow                        
17.03 Property South Point                        
17.04 Property Berwick                        
17.05 Property Village East                        
18 Loan 7105 - 7115 37th Avenue Soft Springing N/A 2,000,000 72% 1.48 7.1% N/A N/A N/A N/A No
19 Loan Carnegie Hotel Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
20 Loan Pinecrest Apartments Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
21 Loan Shoppes at Parma Hard Springing 43,075,000 N/A N/A N/A N/A N/A N/A N/A N/A No
22 Loan The Village Apartments Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
23 Loan Shelbourne Square Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
24 Loan Mentis Portfolio Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
24.01 Property Mentis San Antonio                        
24.02 Property Mentis Round Rock                        
25 Loan Aliso Viejo Plaza Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
26 Loan Walmart Supercenter Douglasville Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
27 Loan Medley Portfolio Soft Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
27.01 Property El Dorado Apartments                        
27.02 Property Longview Heights Apartments                        

 

A-1-19 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Lockbox Cash Management Cut-off Date Pari Passu Mortgage Debt Balance Cut-off Date Subord. Mortgage Debt Balance Total Mortgage Debt Cut-off Date LTV Ratio Total Mortgage Debt UW NCF DSCR Total Mortgage Debt UW NOI Debt Yield Cut-off Date Mezzanine Debt Balance(16) Total Debt Cut-off Date LTV Ratio Total Debt UW NCF DSCR Total Debt UW NOI Debt Yield Future Secured Subordinate Debt (Y/N)
27.03 Property Barron Court Apartments                        
27.04 Property Longview Gardens Apartments                        
28 Loan Courtyard - Tampa (Citrus Park) Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
29 Loan 1413 Germantown Avenue Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
30 Loan Beachwood Village Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
31 Loan Global Payments, Inc. Springing Springing 19,167,000 N/A N/A N/A N/A N/A N/A N/A N/A No
32 Loan 2701 Grand Concourse Soft Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
33 Loan Holiday Inn Express Lincoln CA Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
34 Loan Apple Inc. Boulder Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
35 Loan CubeSmart Penn’s Landing None None N/A N/A N/A N/A N/A $6,120,000 (Principal); $2,733,049 (Outstanding Accrued Interest) N/A N/A N/A No
36 Loan Holiday Inn Express Early Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
37 Loan 105 Van Cortlandt Park Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
38 Loan The Ponce Hotel Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
39 Loan 1900 Evans Road Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
40 Loan Rosedale Tech Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
41 Loan Walkham Townhomes Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
42 Loan 530 West 136th Street Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
43 Loan Raintree Oaks Apartments Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
44 Loan Six Sentry Office Portfolio Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
44.01 Property 630 Sentry                        
44.02 Property 670 Sentry                        
44.03 Property 610 Sentry                        
44.04 Property 620 Sentry                        
45 Loan BNSF Logistics Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
46 Loan Airport Square Hard In Place 24,965,246 N/A N/A N/A N/A N/A N/A N/A N/A No
47 Loan Days Inn by Wyndham - Florence Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
48 Loan Brickyard Plaza Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
49 Loan Holiday Inn Express New Albany Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
50 Loan CVS Brownsburg Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
51 Loan Orient Drive Mobile Estates Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
52 Loan Pomona Park None None N/A N/A N/A N/A N/A N/A N/A N/A N/A No
53 Loan Dollar General Tuckahoe Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No
54 Loan Dollar General Rolla Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No
55 Loan Dollar General Dexter Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No

 

A-1-20 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Conditions for Future Secured Subordinate Debt Lender Consent Required for Future Secured Subordinate Debt (Y/N) Future Mezzanine Debt Permitted (Y/N)(16) Conditions for Future Mezzanine Debt(16)
1 Loan 225 Bush N/A N/A No N/A
2 Loan Chroma Apartments N/A N/A No N/A
3 Loan Wyndham National Hotel Portfolio N/A N/A No N/A
3.01 Property Travelodge - 2307 Wyoming Avenue        
3.02 Property Travelodge - 2111 Camino Del Llano        
3.03 Property Travelodge - 1170 W Flaming Gorge Way        
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive        
3.05 Property Baymont Inn & Suites - 451 Halligan Drive        
3.06 Property Baymont Inn & Suites - 1608 E Business US 60        
3.07 Property Travelodge - 1127 Pony Express Highway        
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street        
3.09 Property Travelodge - 2680 Airport Road        
3.10 Property Super 8 - 720 Royal Parkway        
3.11 Property Baymont Inn & Suites - 1051 North Market Street        
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway        
3.13 Property Baymont Inn & Suites - 95 Spruce Road        
3.14 Property Super 8 - 2545 Cornhusker Highway        
3.15 Property Travelodge - 1110 SE 4th Street        
3.16 Property Baymont Inn & Suites - 2300 Valley West Court        
3.17 Property Travelodge - 800 W Laramie Street        
3.18 Property Travelodge - 22 North Frontage Road        
3.19 Property Travelodge - 123 Westvaco Road        
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue        
3.21 Property Travelodge - 1710 Jefferson Street        
3.22 Property Travelodge - 1625 Stillwater Avenue        
3.23 Property Travelodge - 8233 Airline Highway        
3.24 Property Baymont Inn & Suites - 6390 US-93        
3.25 Property Travelodge - 707 East Webster Street        
3.26 Property Travelodge - 777 West Hwy 21        
3.27 Property Travelodge - 3522 North Highway 59        
3.28 Property Travelodge - 108 6th Avenue        
3.29 Property Travelodge - 2200 E South Avenue        
3.30 Property Travelodge - 128 South Willow Road        
3.31 Property Travelodge - 1005 Highway 285        
3.32 Property Days Inn - 3431 14th Avenue        
3.33 Property Travelodge - 2505 US 69        
3.34 Property Baymont Inn & Suites - 3475 Union Road        
3.35 Property Travelodge - 1706 North Park Drive        
3.36 Property Baymont Inn & Suites - 2005 East Daley Street        
3.37 Property Travelodge - 1177 E 16th Street        
3.38 Property Baymont Inn & Suites - 35450 Yermo Road        
3.39 Property Travelodge - 2407 East Holland Avenue        
3.40 Property Travelodge - 620 Souder Road        
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast        
3.42 Property Travelodge - 109 East Commerce Street        
3.43 Property Travelodge - 4000 Siskiyou Avenue        
3.44 Property Travelodge - 98 Moffat Avenue        
4 Loan Phoenix Industrial Portfolio III N/A N/A No N/A
4.01 Property Galesburg        
4.02 Property Covington        
4.03 Property Grafton        
5 Loan 3 Columbus Circle N/A N/A No N/A
6 Loan ILPT Industrial Portfolio N/A N/A No N/A
6.01 Property 1800 Union Airpark Boulevard        
6.02 Property 4237-4255 Anson Boulevard        
6.03 Property 5000 Commerce Way        
6.04 Property 5142 and 5148 North Hanley Road        
6.05 Property 945 Monument Drive        
6.06 Property 5500 SE Delaware Ave        
6.07 Property 2801 Airwest Boulevard        
6.08 Property 20 Logistics Boulevard        
6.09 Property 2150 Stanley Road        
6.10 Property 16101 Queens Court        
6.11 Property 5 Logistics Drive        
7 Loan Orfali Portfolio N/A N/A Yes (i) LTV <= 51.1%; (ii) DSCR >=2.43x
8 Loan DoubleTree New York Times Square West Leased Fee N/A N/A No N/A
9 Loan United Healthcare Office N/A N/A No N/A
10 Loan AVR Atlanta Airport SpringHill Gateway N/A N/A No N/A
11 Loan 4041 Central N/A N/A No N/A
12 Loan Century Plaza Towers N/A N/A Yes Borrower shall have a one-time right to obtain a mezzanine loan, provided, among other conditions:
(i) the Combined LTV is equal to or less than the closing date LTV or if a partial prepayment of the loan has occurred in connection with a conversion, 51.5%,
(ii) the Aggregate DSCR is equal to or greater than 3.12x or if a partial prepayment of the loan has occurred in connection with a conversion, 3.18x,
(iii) the Aggregate Debt Yield is equal to or greater than 9.5% or if a partial prepayment of the loan has occurred in connection with a conversion, 9.7%,
(iv) the mezzanine loan shall be coterminous with the mortgage loan and (v) an intercreditor agreement is required.
13 Loan Westmont Red Roof Inn Portfolio II N/A N/A No N/A
13.01 Property Red Roof Inn St. Clairsville        
13.02 Property Red Roof PLUS+ Phoenix Airport        
13.03 Property Red Roof PLUS+ West Springfield        
13.04 Property Red Roof PLUS+ Chicago Naperville        
14 Loan Crimson Retail Portfolio N/A N/A No N/A
14.01 Property Little Elm        
14.02 Property South Plaza        
14.03 Property JoAnn Fabrics        
14.04 Property Office Depot        
15 Loan Redwood Technology Center N/A N/A No N/A
16 Loan Springhill Suites Raleigh Cary N/A N/A No N/A
17 Loan Muskogee Apartments Portfolio N/A N/A No N/A
17.01 Property Country Club        
17.02 Property Shady Hollow        
17.03 Property South Point        
17.04 Property Berwick        
17.05 Property Village East        
18 Loan 7105 - 7115 37th Avenue N/A N/A No N/A
19 Loan Carnegie Hotel N/A N/A No N/A
20 Loan Pinecrest Apartments N/A N/A No N/A
21 Loan Shoppes at Parma N/A N/A No N/A
22 Loan The Village Apartments N/A N/A No N/A
23 Loan Shelbourne Square N/A N/A No N/A
24 Loan Mentis Portfolio N/A N/A No N/A
24.01 Property Mentis San Antonio        
24.02 Property Mentis Round Rock        
25 Loan Aliso Viejo Plaza N/A N/A No N/A
26 Loan Walmart Supercenter Douglasville N/A N/A No N/A
27 Loan Medley Portfolio N/A N/A No N/A
27.01 Property El Dorado Apartments        
27.02 Property Longview Heights Apartments        

 

A-1-21 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Conditions for Future Secured Subordinate Debt Lender Consent Required for Future Secured Subordinate Debt (Y/N) Future Mezzanine Debt Permitted (Y/N)(16) Conditions for Future Mezzanine Debt(16)
27.03 Property Barron Court Apartments        
27.04 Property Longview Gardens Apartments        
28 Loan Courtyard - Tampa (Citrus Park) N/A N/A No N/A
29 Loan 1413 Germantown Avenue N/A N/A No N/A
30 Loan Beachwood Village N/A N/A No N/A
31 Loan Global Payments, Inc. N/A N/A Yes (i) LTV<=85%; (ii) DSCR>=1.15x
32 Loan 2701 Grand Concourse N/A N/A No N/A
33 Loan Holiday Inn Express Lincoln CA N/A N/A No N/A
34 Loan Apple Inc. Boulder N/A N/A No N/A
35 Loan CubeSmart Penn’s Landing N/A N/A No N/A
36 Loan Holiday Inn Express Early N/A N/A No N/A
37 Loan 105 Van Cortlandt Park N/A N/A Yes (i) DSCR>=1.55x; (ii) LTV<=63.5%
38 Loan The Ponce Hotel N/A N/A No N/A
39 Loan 1900 Evans Road N/A N/A No N/A
40 Loan Rosedale Tech N/A N/A No N/A
41 Loan Walkham Townhomes N/A N/A No N/A
42 Loan 530 West 136th Street N/A N/A No N/A
43 Loan Raintree Oaks Apartments N/A N/A No N/A
44 Loan Six Sentry Office Portfolio N/A N/A No N/A
44.01 Property 630 Sentry        
44.02 Property 670 Sentry        
44.03 Property 610 Sentry        
44.04 Property 620 Sentry        
45 Loan BNSF Logistics N/A N/A No N/A
46 Loan Airport Square N/A N/A No N/A
47 Loan Days Inn by Wyndham - Florence N/A N/A No N/A
48 Loan Brickyard Plaza N/A N/A No N/A
49 Loan Holiday Inn Express New Albany N/A N/A No N/A
50 Loan CVS Brownsburg N/A N/A No N/A
51 Loan Orient Drive Mobile Estates N/A N/A No N/A
52 Loan Pomona Park N/A N/A No N/A
53 Loan Dollar General Tuckahoe N/A N/A No N/A
54 Loan Dollar General Rolla N/A N/A Yes Mezz (Min DSCR of 1.20x, Max LTV of 85.0%); Intercreditor Agreement is required
55 Loan Dollar General Dexter N/A N/A Yes Mezz (Min DSCR of 1.20x, Max LTV of 85.0%); Intercreditor Agreement is required

 

A-1-22 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Lender Consent Required for Future Mezzanine Debt (Y/N)(16) Future Unsecured Debt Permitted (Y/N) Conditions for Future Unsecured Debt
1 Loan 225 Bush N/A No N/A
2 Loan Chroma Apartments N/A No N/A
3 Loan Wyndham National Hotel Portfolio N/A No N/A
3.01 Property Travelodge - 2307 Wyoming Avenue      
3.02 Property Travelodge - 2111 Camino Del Llano      
3.03 Property Travelodge - 1170 W Flaming Gorge Way      
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive      
3.05 Property Baymont Inn & Suites - 451 Halligan Drive      
3.06 Property Baymont Inn & Suites - 1608 E Business US 60      
3.07 Property Travelodge - 1127 Pony Express Highway      
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street      
3.09 Property Travelodge - 2680 Airport Road      
3.10 Property Super 8 - 720 Royal Parkway      
3.11 Property Baymont Inn & Suites - 1051 North Market Street      
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway      
3.13 Property Baymont Inn & Suites - 95 Spruce Road      
3.14 Property Super 8 - 2545 Cornhusker Highway      
3.15 Property Travelodge - 1110 SE 4th Street      
3.16 Property Baymont Inn & Suites - 2300 Valley West Court      
3.17 Property Travelodge - 800 W Laramie Street      
3.18 Property Travelodge - 22 North Frontage Road      
3.19 Property Travelodge - 123 Westvaco Road      
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue      
3.21 Property Travelodge - 1710 Jefferson Street      
3.22 Property Travelodge - 1625 Stillwater Avenue      
3.23 Property Travelodge - 8233 Airline Highway      
3.24 Property Baymont Inn & Suites - 6390 US-93      
3.25 Property Travelodge - 707 East Webster Street      
3.26 Property Travelodge - 777 West Hwy 21      
3.27 Property Travelodge - 3522 North Highway 59      
3.28 Property Travelodge - 108 6th Avenue      
3.29 Property Travelodge - 2200 E South Avenue      
3.30 Property Travelodge - 128 South Willow Road      
3.31 Property Travelodge - 1005 Highway 285      
3.32 Property Days Inn - 3431 14th Avenue      
3.33 Property Travelodge - 2505 US 69      
3.34 Property Baymont Inn & Suites - 3475 Union Road      
3.35 Property Travelodge - 1706 North Park Drive      
3.36 Property Baymont Inn & Suites - 2005 East Daley Street      
3.37 Property Travelodge - 1177 E 16th Street      
3.38 Property Baymont Inn & Suites - 35450 Yermo Road      
3.39 Property Travelodge - 2407 East Holland Avenue      
3.40 Property Travelodge - 620 Souder Road      
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast      
3.42 Property Travelodge - 109 East Commerce Street      
3.43 Property Travelodge - 4000 Siskiyou Avenue      
3.44 Property Travelodge - 98 Moffat Avenue      
4 Loan Phoenix Industrial Portfolio III N/A No N/A
4.01 Property Galesburg      
4.02 Property Covington      
4.03 Property Grafton      
5 Loan 3 Columbus Circle N/A Yes Subordinate loans made by one Series Borrower to the other Series Borrower pursuant to the term of the TIC Agreement Upon: (i) such subordinate loan shall be unsecured and shall not create a lien; (ii) payment under or with respect to any such subordinate loan will be made only from excess cash flow from the property distributed to Borrower’s operating account in accordance with the terms of the cash management agreement; (iii) the subordinate loan is non-recourse to the Series Borrower making such loan, and its assets, other than excess cash flow from the property distributed to Borrower’s operating account in accordance with the terms of the cash management agreement and does not constitute a claim against the Series Borrower making such loan if such excess cash flow is insufficient to pay the subordinate loan in full; (iv) the maturity date of such subordinate loan shall be no earlier than the maturity date of this loan
6 Loan ILPT Industrial Portfolio N/A No N/A
6.01 Property 1800 Union Airpark Boulevard      
6.02 Property 4237-4255 Anson Boulevard      
6.03 Property 5000 Commerce Way      
6.04 Property 5142 and 5148 North Hanley Road      
6.05 Property 945 Monument Drive      
6.06 Property 5500 SE Delaware Ave      
6.07 Property 2801 Airwest Boulevard      
6.08 Property 20 Logistics Boulevard      
6.09 Property 2150 Stanley Road      
6.10 Property 16101 Queens Court      
6.11 Property 5 Logistics Drive      
7 Loan Orfali Portfolio Yes No N/A
8 Loan DoubleTree New York Times Square West Leased Fee N/A No N/A
9 Loan United Healthcare Office N/A No N/A
10 Loan AVR Atlanta Airport SpringHill Gateway N/A No N/A
11 Loan 4041 Central N/A No N/A
12 Loan Century Plaza Towers No No N/A
13 Loan Westmont Red Roof Inn Portfolio II N/A No N/A
13.01 Property Red Roof Inn St. Clairsville      
13.02 Property Red Roof PLUS+ Phoenix Airport      
13.03 Property Red Roof PLUS+ West Springfield      
13.04 Property Red Roof PLUS+ Chicago Naperville      
14 Loan Crimson Retail Portfolio N/A No N/A
14.01 Property Little Elm      
14.02 Property South Plaza      
14.03 Property JoAnn Fabrics      
14.04 Property Office Depot      
15 Loan Redwood Technology Center N/A No N/A
16 Loan Springhill Suites Raleigh Cary N/A No N/A
17 Loan Muskogee Apartments Portfolio N/A No N/A
17.01 Property Country Club      
17.02 Property Shady Hollow      
17.03 Property South Point      
17.04 Property Berwick      
17.05 Property Village East      
18 Loan 7105 - 7115 37th Avenue N/A No N/A
19 Loan Carnegie Hotel N/A No N/A
20 Loan Pinecrest Apartments N/A No N/A
21 Loan Shoppes at Parma N/A No N/A
22 Loan The Village Apartments N/A No N/A
23 Loan Shelbourne Square N/A No N/A
24 Loan Mentis Portfolio N/A No N/A
24.01 Property Mentis San Antonio      
24.02 Property Mentis Round Rock      
25 Loan Aliso Viejo Plaza N/A No N/A
26 Loan Walmart Supercenter Douglasville N/A No N/A
27 Loan Medley Portfolio N/A No N/A
27.01 Property El Dorado Apartments      
27.02 Property Longview Heights Apartments      

 

A-1-23 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Lender Consent Required for Future Mezzanine Debt (Y/N)(16) Future Unsecured Debt Permitted (Y/N) Conditions for Future Unsecured Debt
27.03 Property Barron Court Apartments      
27.04 Property Longview Gardens Apartments      
28 Loan Courtyard - Tampa (Citrus Park) N/A No N/A
29 Loan 1413 Germantown Avenue N/A No N/A
30 Loan Beachwood Village N/A No N/A
31 Loan Global Payments, Inc. Yes No N/A
32 Loan 2701 Grand Concourse N/A No N/A
33 Loan Holiday Inn Express Lincoln CA N/A No N/A
34 Loan Apple Inc. Boulder N/A No N/A
35 Loan CubeSmart Penn’s Landing N/A No N/A
36 Loan Holiday Inn Express Early N/A No N/A
37 Loan 105 Van Cortlandt Park Yes No N/A
38 Loan The Ponce Hotel N/A No N/A
39 Loan 1900 Evans Road N/A No N/A
40 Loan Rosedale Tech N/A No N/A
41 Loan Walkham Townhomes N/A No N/A
42 Loan 530 West 136th Street N/A No N/A
43 Loan Raintree Oaks Apartments N/A No N/A
44 Loan Six Sentry Office Portfolio N/A No N/A
44.01 Property 630 Sentry      
44.02 Property 670 Sentry      
44.03 Property 610 Sentry      
44.04 Property 620 Sentry      
45 Loan BNSF Logistics N/A No N/A
46 Loan Airport Square N/A No N/A
47 Loan Days Inn by Wyndham - Florence N/A No N/A
48 Loan Brickyard Plaza N/A No N/A
49 Loan Holiday Inn Express New Albany N/A No N/A
50 Loan CVS Brownsburg N/A No N/A
51 Loan Orient Drive Mobile Estates N/A No N/A
52 Loan Pomona Park N/A No N/A
53 Loan Dollar General Tuckahoe N/A No N/A
54 Loan Dollar General Rolla Yes No N/A
55 Loan Dollar General Dexter Yes No N/A

 

A-1-24 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Lender Consent Required for Future Unsecured Debt (Y/N) Sponsor Guarantor Affiliated Sponsors
1 Loan 225 Bush N/A Kylli Inc. Kylli Inc. No
2 Loan Chroma Apartments N/A Philip G. Hulse; Philip G. Hulse Revocable Trust; Kevin Morrell; Kevin J. Morrell Revocable Trust; Howard J. Smith; Howard J. Smith Revocable Trust Philip G. Hulse; Philip G. Hulse Revocable Trust; Kevin Morrell; Kevin J. Morrell Revocable Trust; Howard J. Smith; Howard J. Smith Revocable Trust No
3 Loan Wyndham National Hotel Portfolio N/A Tom Vukota; Vukota Capital Management Ltd. Tom Vukota; Vukota Capital Management Ltd. No
3.01 Property Travelodge - 2307 Wyoming Avenue        
3.02 Property Travelodge - 2111 Camino Del Llano        
3.03 Property Travelodge - 1170 W Flaming Gorge Way        
3.04 Property Baymont Inn & Suites - 1731 South Sunridge Drive        
3.05 Property Baymont Inn & Suites - 451 Halligan Drive        
3.06 Property Baymont Inn & Suites - 1608 E Business US 60        
3.07 Property Travelodge - 1127 Pony Express Highway        
3.08 Property Baymont Inn & Suites - 1130B B East 16th Street        
3.09 Property Travelodge - 2680 Airport Road        
3.10 Property Super 8 - 720 Royal Parkway        
3.11 Property Baymont Inn & Suites - 1051 North Market Street        
3.12 Property Baymont Inn & Suites - 2700 North Diers Parkway        
3.13 Property Baymont Inn & Suites - 95 Spruce Road        
3.14 Property Super 8 - 2545 Cornhusker Highway        
3.15 Property Travelodge - 1110 SE 4th Street        
3.16 Property Baymont Inn & Suites - 2300 Valley West Court        
3.17 Property Travelodge - 800 W Laramie Street        
3.18 Property Travelodge - 22 North Frontage Road        
3.19 Property Travelodge - 123 Westvaco Road        
3.20 Property Baymont Inn & Suites - 2006 North Merrill Avenue        
3.21 Property Travelodge - 1710 Jefferson Street        
3.22 Property Travelodge - 1625 Stillwater Avenue        
3.23 Property Travelodge - 8233 Airline Highway        
3.24 Property Baymont Inn & Suites - 6390 US-93        
3.25 Property Travelodge - 707 East Webster Street        
3.26 Property Travelodge - 777 West Hwy 21        
3.27 Property Travelodge - 3522 North Highway 59        
3.28 Property Travelodge - 108 6th Avenue        
3.29 Property Travelodge - 2200 E South Avenue        
3.30 Property Travelodge - 128 South Willow Road        
3.31 Property Travelodge - 1005 Highway 285        
3.32 Property Days Inn - 3431 14th Avenue        
3.33 Property Travelodge - 2505 US 69        
3.34 Property Baymont Inn & Suites - 3475 Union Road        
3.35 Property Travelodge - 1706 North Park Drive        
3.36 Property Baymont Inn & Suites - 2005 East Daley Street        
3.37 Property Travelodge - 1177 E 16th Street        
3.38 Property Baymont Inn & Suites - 35450 Yermo Road        
3.39 Property Travelodge - 2407 East Holland Avenue        
3.40 Property Travelodge - 620 Souder Road        
3.41 Property Baymont Inn & Suites - 100 15th Street Southeast        
3.42 Property Travelodge - 109 East Commerce Street        
3.43 Property Travelodge - 4000 Siskiyou Avenue        
3.44 Property Travelodge - 98 Moffat Avenue        
4 Loan Phoenix Industrial Portfolio III N/A Phoenix Investors Irrevocable Children’s Trust Dated 7/22/91; Irrevocable Children’s Trust No. 2 Dated 7/22/91 No
4.01 Property Galesburg        
4.02 Property Covington        
4.03 Property Grafton        
5 Loan 3 Columbus Circle Yes Joseph Moinian Joseph Moinian Group 1
6 Loan ILPT Industrial Portfolio N/A Industrial Logistics Properties Trust Industrial Logistics Properties Trust No
6.01 Property 1800 Union Airpark Boulevard        
6.02 Property 4237-4255 Anson Boulevard        
6.03 Property 5000 Commerce Way        
6.04 Property 5142 and 5148 North Hanley Road        
6.05 Property 945 Monument Drive        
6.06 Property 5500 SE Delaware Ave        
6.07 Property 2801 Airwest Boulevard        
6.08 Property 20 Logistics Boulevard        
6.09 Property 2150 Stanley Road        
6.10 Property 16101 Queens Court        
6.11 Property 5 Logistics Drive        
7 Loan Orfali Portfolio N/A Jacob Orfali; Joseph Moinian Jacob Orfali; Joseph Moinian Group 1
8 Loan DoubleTree New York Times Square West Leased Fee N/A Sam Chang Sam Chang No
9 Loan United Healthcare Office N/A Quynh Palomino; Lloyd W. Kendall, Jr. Quynh Palomino; Lloyd W. Kendall, Jr. Group 2
10 Loan AVR Atlanta Airport SpringHill Gateway N/A Allan V. Rose; AVR Gateway S, LLC Allan V. Rose; AVR Gateway S, LLC No
11 Loan 4041 Central N/A Zaya S. Younan Zaya and Sherry Younan Family Trust; Zaya S. Younan No
12 Loan Century Plaza Towers N/A SPF JVP LLC; Luminance Acquisition Venture LLC N/A No
13 Loan Westmont Red Roof Inn Portfolio II N/A R&R Real Estate Investment Trust R&R Real Estate Investment Trust No
13.01 Property Red Roof Inn St. Clairsville        
13.02 Property Red Roof PLUS+ Phoenix Airport        
13.03 Property Red Roof PLUS+ West Springfield        
13.04 Property Red Roof PLUS+ Chicago Naperville        
14 Loan Crimson Retail Portfolio N/A Pamela Day Pamela Day No
14.01 Property Little Elm        
14.02 Property South Plaza        
14.03 Property JoAnn Fabrics        
14.04 Property Office Depot        
15 Loan Redwood Technology Center N/A Matthew T. White Matthew T. White No
16 Loan Springhill Suites Raleigh Cary N/A Sharan Kaur Chhabra Erhart Sharan Kaur Chhabra Erhart No
17 Loan Muskogee Apartments Portfolio N/A Brent Doeksen; Curtis Rice; Ryan Barry Brent Doeksen; Curtis Rice; Ryan Barry No
17.01 Property Country Club        
17.02 Property Shady Hollow        
17.03 Property South Point        
17.04 Property Berwick        
17.05 Property Village East        
18 Loan 7105 - 7115 37th Avenue N/A Rajmattie Persaud Rajmattie Persaud No
19 Loan Carnegie Hotel N/A Charles H. Johnson, Jr. Charles H. Johnson, Jr. No
20 Loan Pinecrest Apartments N/A Christopher M. Hartman Christopher M. Hartman No
21 Loan Shoppes at Parma N/A Mehrdad Mottahedeh; David Mottahedeh Mehrdad Mottahedeh; David Mottahedeh No
22 Loan The Village Apartments N/A Eliezer N. Skolnick Eliezer N. Skolnick No
23 Loan Shelbourne Square N/A Melvin Fischman; Arnold Fischman; David F. Lavipour Melvin Fischman; Arnold Fischman; David F. Lavipour No
24 Loan Mentis Portfolio N/A Louis J. Rogers Louis J. Rogers No
24.01 Property Mentis San Antonio        
24.02 Property Mentis Round Rock        
25 Loan Aliso Viejo Plaza N/A John S. O’Meara and Jeffrey G. Wood John S. O’ Meara, The O’Meara Family Trust, Jeffrey G. Wood, Peter S. Sparre, The Wallace R. Limburg Trust, The Draper Children’s Trust No
26 Loan Walmart Supercenter Douglasville N/A Dino F. Crescentini Dino F. Crescentini; Dino F. Crescentini, as Trustee of the Dino Crescentini Living Trust, Dated December 22, 1992 No
27 Loan Medley Portfolio N/A Philip Balderston; Justin Pesin Philip Balderston; Justin Pesin No
27.01 Property El Dorado Apartments        
27.02 Property Longview Heights Apartments        

 

A-1-25 

 

 

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

 

Mortgage Loan Number Property Flag Property Name Lender Consent Required for Future Unsecured Debt (Y/N) Sponsor Guarantor Affiliated Sponsors
27.03 Property Barron Court Apartments        
27.04 Property Longview Gardens Apartments        
28 Loan Courtyard - Tampa (Citrus Park) N/A Quynh Palomino; Lloyd Kendall Quynh Palomino; Lloyd Kendall Group 2
29 Loan 1413 Germantown Avenue N/A Gagandeep Lakhmn Gagandeep Lakhmn No
30 Loan Beachwood Village N/A Troy Shadian; Roshan Bhatka Troy Shadian; Roshan Bhatka No
31 Loan Global Payments, Inc. N/A BSPRT CRE Equity, LLC BSPRT CRE Equity, LLC No
32 Loan 2701 Grand Concourse N/A Robert Rosenberg Robert Rosenberg No
33 Loan Holiday Inn Express Lincoln CA N/A Shan Fazeli; Nima Fazeli Hooshang Fazeli; Hooshang Fazeli as trustee of the H. Fazeli Revocable Trust No
34 Loan Apple Inc. Boulder N/A Alger Capital, LLC Alger Capital, LLC No
35 Loan CubeSmart Penn’s Landing N/A Mark Claster; Andrew Boas; Nancy Marks; Marjorie Boas Levins 2013 Revocable Trust Carl Marks & Co. Inc. No
36 Loan Holiday Inn Express Early N/A Biren D. Patel Biren D. Patel No
37 Loan 105 Van Cortlandt Park N/A Fishel Schlesinger Fishel Schlesinger No
38 Loan The Ponce Hotel N/A Farid Ashdji; Farhad Frank Ashdji Farid Ashdji; Farhad Frank Ashdji No
39 Loan 1900 Evans Road N/A Katherine A. Roche; Thomas J. Roche Katherine A. Roche; Thomas J. Roche No
40 Loan Rosedale Tech N/A Joseph Matthew Cassin, Jr.; David Taylor Joseph Matthew Cassin, Jr.; David Taylor No
41 Loan Walkham Townhomes N/A Joshua A. Gordon Joshua A. Gordon No
42 Loan 530 West 136th Street N/A Alexander Perros; Nicholas Brunero; Novak Vukasinovic Alexander Perros; Nicholas Brunero; Novak Vukasinovic No
43 Loan Raintree Oaks Apartments N/A Mathew Mundiyamkal Mathew Mundiyamkal No
44 Loan Six Sentry Office Portfolio N/A Richard F. Smith Jr. Richard F. Smith Jr. No
44.01 Property 630 Sentry        
44.02 Property 670 Sentry        
44.03 Property 610 Sentry        
44.04 Property 620 Sentry        
45 Loan BNSF Logistics N/A Karen E. Kennedy Karen E. Kennedy No
46 Loan Airport Square N/A Uri Mermelstein; Iosif Yushuvayev Uri Mermelstein; Iosif Yushuvayev No
47 Loan Days Inn by Wyndham - Florence N/A Vijay Narsinghani; Asha Narsinghani Vijay Narsinghani; Asha Narsinghani No
48 Loan Brickyard Plaza N/A Steven Usdan CCA Acquisition Company, LLC No
49 Loan Holiday Inn Express New Albany N/A Sandeep Sethi Sandeep Sethi and Pavanpreet Sethi No
50 Loan CVS Brownsburg N/A Ellyn W. Rogal Ellyn W. Rogal No
51 Loan Orient Drive Mobile Estates N/A Donald D. Urie; Shirley Ann Urie Family Marital Qtip Trust Dated August 7, 2008 Donald D. Urie; Shirley Ann Urie Family Marital Qtip Trust Dated August 7, 2008 No
52 Loan Pomona Park N/A George W. Ragsdale George W. Ragsdale No
53 Loan Dollar General Tuckahoe N/A Frank Zacharias Frank Zacharias No
54 Loan Dollar General Rolla N/A Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC Group 3
55 Loan Dollar General Dexter N/A Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC Group 3

 

A-1-26 

 

 

UBS 2019-C18 

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”), Wells Fargo Bank, National Association (“WFB”), Societe Generale Financial Corporation (“SGFC”), Cantor Commercial Real Estate Lending, L.P. (“CCRE”), Rialto Real Estate Fund IV – Debt, LP (“RREF”) 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 Loans 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 Loans 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 225 Bush, Chroma Apartments, Wyndham National Hotel Portfolio, 3 Columbus Circle, ILPT Industrial Portfolio, Doubletree New York Times Square West Leased Fee, United Healthcare Office, 4041 Central, Century Plaza Towers, Crimson Retail Portfolio, Redwood Technology Center, Shoppes at Parma, Global Payments, Inc. and Airport Square, see the charts titled “Whole Loan Summary” and “Whole Loan Control Notes and Non-Control Notes” in “Description of the Mortgage Pool—The Whole Loans” in the preliminary prospectus.

 

 

(4)

Loan No. 3 – Wyndham National Hotel Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Whole Loan are based on the aggregate sum of the available “As-Is” and “As-Complete” Appraised Values for each Mortgaged Property on an individual basis of $215,000,000 as of August 1, 2019. On a stand-alone basis, the Mortgaged Properties have an aggregate “As-Is” Appraised Value of $209,900,000 as of August 1, 2019. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the Whole Loan and the aggregate stand-alone “As-Is” Appraised Value of $209,900,000 are 69.1% and 47.8%, respectively.

 

 

 

Loan No. 33 – Holiday Inn Express Lincoln CA – 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-Complete” Appraised Value of $15,000,000 as of October 1, 2020. The Appraised Value of the Mortgaged Property assuming the “As-Is” Appraised Value is $13,400,000 as of September 12, 2019. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 67.2% and 60.3%, respectively.

 

 

 

Loan No. 42 – 530 West 136th Street – 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-Stabilized” Appraised Value of $10,400,000 as of September 13, 2019. The Appraised Value of the Mortgaged Property assuming the “As-Is” Appraised Value is $10,300,000 as of September 13, 2019. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 63.3% and 63.3%, respectively.

 

 

 

Loan No. 45 – BNSF Logistics – 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-Stabilized” Appraised Value of $8,300,000 as of November 3, 2019. The Appraised Value of the Mortgaged Property assuming the “As-Is” Appraised Value is $7,000,000 as of September 3, 2019. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 77.1% and 65.8%, respectively.

 

 

 

Loan No. 48 – Brickyard Plaza – The Appraised Value with respect to the Mortgage Loan assumes that the third largest tenant at the Mortgaged Property, Crossfit (UTE Fitness), will commence paying rent in February 2020 and the outstanding tenant improvement allowance is all that is needed to complete the tenant’s buildout. All gap rent and outstanding tenant improvements were reserved for at origination. The “As-Is” Appraised Value is $5,150,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 77.7% and 77.7%, respectively.

 

 

(5)

Loan No. 1 – 225 Bush – 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) October 11, 2022. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of December 6, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

 

Loan No. 2 – Chroma Apartments – 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) November 4, 2022. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of December 11, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

A-1-27 

 

 

 

Loan No. 5 – 3 Columbus Circle – 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) April 11, 2022. The lockout period for defeasance will be at least 33 payment dates beginning with and including the first payment date of April 11, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 33 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

 

Loan No. 6 – ILPT Industrial Portfolio – 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) October 21, 2022. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of December 7, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

 

Loan No. 9 – United Healthcare Office – The Whole Loan can be defeased at any time after the date that is two years after the closing date of the securitization that includes the last note to be securitized. The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of November 6, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

 

Loan No. 11 – 4041 Central – 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) November 11, 2022. The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of November 11, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

 

Loan No. 12 – Century Plaza Towers – 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) October 21, 2022. The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of December 9, 2019. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

 

Loan No. 21 – Shoppes at Parma – The Whole Loan can be defeased at any time after the date that is the earlier of (i) three years after the closing date of the securitization that includes the last note to be securitized and (ii) November 15, 2023. The lockout period for defeasance will be at least 36 payment dates beginning with and including the first payment date of January 6, 2020. For the purposes of this preliminary prospectus, the assumed lockout period of 36 months is based on the expected UBS 2019-C18 securitization closing date in December 2019. The actual lockout period may be longer.

 

 

(6)

Loan Nos. 3, 4, 12, 13, 14 and 21 – Wyndham National Hotel Portfolio, Phoenix Industrial Portfolio III, Century Plaza Towers, Westmont Red Roof Inn Portfolio II, Crimson Retail Portfolio and Shoppes at Parma – The related borrower may obtain the release of a portion of the related Mortgaged Property, subject to the satisfaction of conditions set forth in the related Mortgage Loan documents, including making a prepayment of principal. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases” in the preliminary prospectus.

 

 

(7)

Loan No. 8 – DoubleTree New York Times Square West Leased Fee – The Whole Loan is secured by the borrower’s fee simple interest in a land parcel, beneath a 36-story, 612-room, full-service DoubleTree by Hilton located at 350 West 40th Street in Times Square, New York, New York. The borrower sponsor owned the Mortgaged Property entirely in fee before bifurcating the fee and leasehold interests at origination. The Mortgaged Property is held through the borrower’s leased fee interest under a ground lease which expires on October 31, 2068, whereby the borrower is the landlord and NYHK West 40 LLC, an affiliate of the borrower, is the tenant. The current annual ground rent is $5,400,000, subject to 1.0% annual increases beginning on the tenth anniversary of the lease commencement date. The borrower’s failure to enforce its remedies under the ground lease during an event of default thereunder is recourse to the borrower sponsor. Simultaneously with the origination of the Whole Loan, a mortgage loan secured by the leasehold interest (non-collateral), (the “Leasehold Mortgage Loan”) was provided by the related leasehold lender (the “Leasehold Mortgage Lender”) to the tenant. Collateral for the Leasehold Mortgage Loan also includes a pledge of 100% of the equity interests of the sole member in the borrower of the Whole Loan to the Leasehold Mortgage Lender. The Leasehold Mortgage Lender entered into an intercreditor agreement with the lender, pursuant to which (a) the Leasehold Mortgage Loan is subordinate to the Whole Loan and (b) the Leasehold Mortgage Lender is provided certain cure and purchase option rights with respect to the Whole Loan that are typically provided to mezzanine lenders.

 

 

(8)

Loan No. 5 – 3 Columbus Circle – The fifth largest tenant at the Mortgaged Property, Josephson, is an affiliate of the borrower and the Mortgaged Property serves as the borrower’s headquarters.

 

 

(9)

Loan No. 4 – Phoenix Industrial Portfolio III – The largest tenant at the Galesburg Mortgaged Property, Blick Art Materials, LLC, has a one-time termination option as of January 1, 2030 with written notice on or before March 31, 2029 and a termination fee of $567,408. The largest tenant at the Covington Mortgaged Property, VF Imagewear, Inc., may terminate its lease effective November 1, 2023, November 1, 2025 and November 1, 2027 with 180 days’ written notice and no termination fee.

 

A-1-28 

 

 

 

Loan No. 6 – ILPT Industrial Portfolio – The second largest tenant at the 2150 Stanley Road Mortgaged Property, M D Logistics, Inc. has a one-time termination option as of June 30, 2022 with nine months’ notice and a termination fee of $546,399.

 

 

 

Loan No. 11 – 4041 Central – The largest tenant at the Mortgaged Property, U.S. Government (IRS), may terminate its lease at any time upon providing 90 days’ written notice. The second largest tenant at the Mortgaged Property, Maricopa County Dept of Public Health, may terminate its lease at the end of any fiscal year due to non-appropriation of funds. The third largest tenant at the Mortgaged Property, U.S. Government GSA, may terminate its lease any time after September 30, 2023, upon providing 90 days’ written notice. The fifth largest tenant at the Mortgaged Property, Maricopa County (SOS), may terminate its lease at the end of any fiscal year due to non-appropriation of funds. Maricopa County (SOS) may also terminate its lease on no less than 7,500 SF of its space any time after June 30, 2020 upon providing 90 days’ written notice.

 

 

 

Loan No. 12 – Century Plaza Towers – The largest tenant at the Mortgaged Property, Bank of America & Merrill Lynch, has the right to terminate its lease as of September 30, 2026 upon written notice on or before September 30, 2025 and the payment of a termination fee in the amount of $1,908,666. The second largest tenant at the Mortgaged Property, Manatt Phelps, has the right to terminate its lease pertaining to its occupancy of space on the 4th floor of the south tower at the Mortgaged Property on the last day of the fifth or tenth year of its lease term. The fourth largest tenant at the Mortgaged Property, Kirkland & Ellis, has the one-time right to terminate its lease as of January 1, 2032, upon written notice on or before January 1, 2031 and payment of a termination fee. The fifth largest tenant at the Mortgaged Property, Greenberg Glusker, has the one-time right to terminate its lease as of March 1, 2032, upon written notice on or before March 1, 2031 and payment of a termination fee.

 

 

 

Loan No. 34 – Apple Inc. Boulder – The sole tenant at the Mortgaged Property, Apple, has a one-time termination option effective June 30, 2024 with 18-months’ written notice and payment of a termination fee of $425,676 plus six months of operating expense reimbursements and unamortized landlord costs associated with the lease.

 

 

 

Loan No. 44 – Six Sentry Office Portfolio – The largest tenant at the 630 Sentry Mortgaged Property, Goldenberg Mgmt, Inc., has an early termination option for each of (a) the 8,550 SF 3rd floor suite effective November 30, 2021 upon written notice before May 31, 2021; (b) the 3,425 SF 1st floor suite effective November 30, 2020 upon written notice before May 31, 2020 or effective November 30, 2021 upon written notice before May 31, 2021; and (c) the 2,063 SF 2nd floor suite at any time upon 30 days’ written notice.

 

 

 

Loan No. 46 – Airport Square – The largest tenant at the Mortgaged Property, Northrop Grumman Systems, has a one-time right to terminate its lease for 56,584 SF of space, which termination will be effective on May 31, 2021, provided that the tenant gives nine months’ prior written notice to the landlord and pays a termination fee of $975,000. In addition, Northrop Grumman Systems has a one-time right to terminate its lease for 56,584 SF of space, which termination will be effective on December 31, 2021, provided that the tenant gives nine months’ prior written notice to the landlord and pays a termination fee of $975,000. The third largest tenant at the Mortgaged Property, USA ACoE, may terminate its lease on or after the first anniversary, which was September 1, 2015, without payment of a termination fee by giving at least 180 days’ notice in writing to the landlord. The fourth largest tenant at the Mortgaged Property, US Department of Veteran Affairs, may terminate its lease at any time without payment of a termination fee by giving at least 180 days’ notice in writing to the landlord.

 

 

 

Loan No. 52 – Pomona Park – The fourth largest tenant at the Mortgaged Property, ALC Controls of North Carolina, Inc., may terminate its lease at any time upon payment of a termination fee equal to six months of then current rent and all unamortized leasing commissions.

 

 

(10)

Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.

 

 

 

Loan No. 1 – 225 Bush – The fourth largest tenant at the Mortgaged Property, Handshake, occupies the 12th floor (26,261 SF) of the Mortgaged Property pursuant to a lease that commenced on October 1, 2019. Handshake has executed a separate lease for the 10th floor (26,474 SF), which has a July 9, 2020 commencement date. Handshake has not taken occupancy nor commenced paying rent for the 10th floor space.

 

 

 

Loan No. 12 – Century Plaza Towers – A number of the tenants at the Mortgaged Property are building out their spaces. At origination, the borrower deposited approximately $71,223,945 into a rollover reserve for outstanding landlord work and tenant allowances, including but not limited to for the following four of the top five tenants: Bank of America & Merrill Lynch, Manatt Phelps, Kirkland & Ellis, and Greenberg Glusker. Such reserve also includes funds for buildout of several speculative suites.

 

 

 

Loan No. 14 – Crimson Retail Portfolio – The largest tenant at the South Plaza Mortgaged Property, Winn Dixie, has executed an amendment to expand into an additional 2,500 SF. Winn Dixie has not taken occupancy nor commenced paying rent for the additional space. The third largest tenant at the South Plaza Mortgaged Property, Focus Fit, is in occupancy and has four months of free rent beginning May 2020 through August 2020.

 

 

 

Loan No. 15 – Redwood Technology Center – The largest tenant at the Mortgaged Property, Ciena Corporation, is not in occupancy of 18,773 SF of the 57,673 SF leased by the tenant, however, Ciena Corporation is paying rent on its entire space.

 

 

 

Loan No. 34 – Apple Inc. Boulder – The sole tenant at the Mortgaged Property, Apple, is in occupancy of the entire space demised under its lease, but receiving free rent for a portion of the space through July 2020 in an amount totaling $129,285.

 

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Loan No. 48 – Brickyard Plaza – The third largest tenant at the Mortgaged Property, Crossfit (UTE Fitness), has executed a lease but is not in occupancy or paying rent. Crossfit (UTE Fitness) is anticipated to begin paying rent in February 2020 and was underwritten as vacant.

 

 

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Loan No. 45 – BNSF Logistics – The borrower deposited $220,000 at origination into a TI/LC Reserve. Beginning in January 2027, the borrower will be required to make annual deposits equal to $1.00 PSF.

 

 

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Loan No. 28 – Courtyard - Tampa (Citrus Park) – The borrower deposited $50,000 at origination into a seasonality reserve. Ongoing seasonality reserve payments will be deposited monthly on each payment date occurring during the period between December and July.

 

 

 

Loan No. 38 – The Ponce Hotel – On each monthly payment date during the months of March, April, May and June, the borrower is required to deposit $12,500 into a seasonality reserve.

 

 

 

Loan No. 47 – Days Inn by Wyndham - Florence – The borrower deposited $35,000 at origination into a seasonality reserve. Ongoing seasonality reserve payments will be deposited monthly on each payment date occurring during June, July and August.

 

 

 

Loan No. 49 – Holiday Inn Express New Albany – The borrower deposited $25,000 at origination into a seasonality reserve. On any payment date in July, September or December in which the funds in the seasonality reserve are less than the initial deposit made by the borrower at origination, the borrower is required to deposit an amount necessary to cause such funds in the seasonality reserve to equal such initial deposit.

 

 

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Loan No. 33 – Holiday Inn Express Lincoln CA – The borrower will deposit on each payment date to the FF&E reserve an amount initially equal to 1/12th of 0% of the annual operating income of the Mortgaged Property in year 1, 1/12th of 3.0% of the annual operating income of the Mortgaged Property (based on the prior year) in year 2, and 1/12th of 4.0% of the annual operating income at the Mortgaged Property (based on the prior year) thereafter.

 

 

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Loan No. 4 – Phoenix Industrial Portfolio III – A controlled recognized environmental condition (“CREC”) was noted in the Phase I ESA related to the listing of the Grafton Mortgaged Property on the leaking underground storage tank (“LUST”) database. The underground storage tanks (each, an “UST”) were removed in 1992 and the Wisconsin Department of Natural Resources (“WDNR”) issued regulatory closure for the LUST case with the condition that residual petroleum soil contamination must be properly managed in the event of future soil excavation or removal. A second CREC was noted in the Phase I ESA related to listing of the Mortgaged Property on the environmental repair program (“ERP”) database. Remedial actions between 2002 and 2016 included soil excavations, soil vapor extraction and installation of vapor mitigation systems. The WDNR issued regulatory closure for ERP case in June 2017 based on the Mortgaged Property being used for industrial purposes and the implementation of institutional and engineering controls. Conditions of closure for the neighboring properties affected by the contamination were based on residential land use, subject to controls. Neither of the CRECs represent threats to human health or the environment and the Phase I ESA recommended no additional action or investigation.

 

 

 

Loan No. 6 – ILPT Industrial Portfolio – The related Phase I ESA for the 5142 and 5148 North Hanley Road Mortgaged Property noted a CREC related to the former presence of a dump and demolition debris from former residences at the Mortgaged Property. The Mortgaged Property is subject to activity and use limitations memorialized in an environmental covenant recorded by the Missouri Department of Natural Resources in 2009 under the state’s voluntary cleanup program. The activity and use limitations restrict the use of the Mortgaged Property to non-residential use and include a soil management plan that prohibits drilling and the use of groundwater.

 

 

 

Loan No. 8 – DoubleTree New York Times Square West Leased Fee – In connection with a CREC noted in the Phase I ESA related to the former presence of three gasoline USTs at the Mortgaged Property, the Mortgaged Property is subject to use restrictions, engineering controls and institutional controls memorialized in a notice of satisfaction issued by the New York City Mayor’s Office of Environmental Remediation (“NYC OER”) in June 2017 in permitting an application for a certificate of occupancy for the newly constructed and current hotel building. The use restrictions include the prohibition of (a) vegetable gardening and farming in residual soil, (b) use of groundwater beneath the Mortgaged Property without treatment rendering it safe for the intended use, (c) disturbance of residual soil material unless it is conducted in accordance with the related site management plan and (d) higher levels of land usage than the restricted residential uses addressed by the remedial action without prior notification and approval by NYC OER. The engineering controls consist of a composite cover system and a vapor barrier system to prevent human exposure to residual soil/fill material and residual soil vapor, respectively, remaining under the site. The institutional controls consist of future 10-year inspections and certifications at the Mortgaged Property.

 

 

 

Loan No. 14 – Crimson Retail Portfolio – The related Phase I ESA for the South Plaza Mortgaged Property identified a recognized environmental condition (“REC”) related to a current “drop-off” dry cleaner tenant with former on-site processing operations that used tetrachloroethylene from approximately 1982 through 1994. A limited Phase II ESA did not identify vapor intrusion into the out parcel structure. The dry cleaning facility is eligible for state-administered cleanup under the Florida Dry Cleaning Solvent Cleanup Program and no further action or investigation is required at this time.

 

 

 

Loan No. 18 – 7105 - 7115 37th Avenue – The ESA for the Mortgaged Property noted other environmental considerations from the site in association with the storage of former generation of heating oil storage tanks. However, the former tanks are

 

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 not expected to represent a significant environmental concern, pending a file review. Due to the age of the buildings, there is also a potential that asbestos containing material (“ACM”) or lead based paint (“LBP”) are present. Based on the potential presence of ACM, the related environmental consultant recommends the Mortgaged Property owner implement an operations and maintenance plan (“O&M Plan”) which stipulates that the assessment, repair and maintenance of damaged materials be performed to protect the health and safety of the building occupants. Following consultation with a certified lead risk assessor and repair of damaged LBP, the related environmental consultant recommends the owner implement an O&M Plan, which stipulates that the assessment, repair and maintenance of damaged painted surfaces be performed to protect the health and safety of the building occupants. In addition to environmental indemnitor for losses, the borrower sponsor provided an environmental insurance policy for the Mortgaged Property. The environmental insurance policy was issued by Steadfast Insurance Company, a division Zurich. Steadfast Insurance Company has an A.M. Best rating of “A+ XV” and an S&P rating of “AA-”, with limits of $10,000,000 per occurrence and $10,000,000 in the aggregate. The policy provides coverage during the term of the Whole Loan with a total of 13 years.

   

 

Loan No. 20 – Pinecrest Apartments – The ESA for the Mortgaged Property noted that the prior owners completed a radon sampling event in 2012 intended for 135 ground floor units, during which 19 units were not tested due to an insufficient test vial supply. Twenty-five of the vials tested at the Mortgaged Property were at or above the EPA action level of 4.0 pCi/L. These results were found in 22 units. Prior to the borrower purchasing the Mortgaged Property in 2018, the current borrower mandated that each of the 22 units be equipped with radon mitigation systems as part of the acquisition. The ESA consultant was provided with the proper receipts to show that the radon mitigation systems were installed. Based on the radon sampling event completed in 2012 and the installation of the radon mitigation systems in 2018 for the units that tested above the 4.0 pCi/L, radon does not appear to represent a significant environmental concern in those units. Based on new testing described in the current ESA completed for the Mortgaged Property, two additional units tested above the EPA action level. As a result, the ESA recommended the installation of radon mitigation systems at these two units and continued implementation of the radon operation and maintenance plan for the Mortgaged Property. The borrower escrowed $3,500 at origination for the installation of the radon mitigation systems at the two units.

 

 

 

Loan No. 21 – Shoppes at Parma – The Phase I ESA revealed two historical recognized environmental conditions. First, the subject property identified as JC Penney is reported as having a LUST because of a 500-gallon diesel tank containing steel walled UST. The tank was installed at an unknown date and has an inactive status that occurred on August 28, 1997. A no further action letter is associated with this UST dated November 28, 2001. No further investigation is recommended. Second, the subject property identified as Goodyear Tire & Rubber Co is reported as a LUST site because of a 550-gallon used oil containing steel walled UST. The tank was installed at an unknown date and has an inactive/removed status that occurred on October 12, 1995. A no further action letter is associated with this UST dated June 20, 2000. No further investigation is recommended. The Phase I ESA also revealed six environmental issues. First, a Phase I ESA conducted in 2012 identified several areas on concern, including former dry-cleaning tenants, staining under trash compaction equipment, and leaking compressors. To address these concerns, 19 borings were conducted of soil, groundwater, and soil gas. The borings showed a significant release of dry-cleaning related materials but levels did not occur above current regulatory action levels. Both the 2012 and 2019 reports do not recommend any further investigation based on these findings. Second, the 2012 ESA indicated that the Mortgaged Property has been used by commercial tenants since 1959 and noted the presence of a former 20,000-gallon heating oil UST and staining from an apparent release from the heating oil product lines in the basement. Sixteen borings were taken and revealed a minor exceedance of one semi-volatile organic compound in shallow soil and groundwater. Currently this portion of the Mortgaged Property is paved asphalt parking. The 2019 ESA concludes that although contaminants of concern were not identified in exceedance for commercial use, trace evidence was identified in select samples, and further investigation may be warranted should the property be redeveloped or the usage changed. Third, the subject property identified as Walmart is reported as a RCRA-CESQG since 2004 to present. The site generates less than 100 kilograms of hazardous waste per calendar year and no violations were found. The site also has a 300-gallon aboveground storage tank for waste oil located in the lube and tire service center. Fourth, the Phase I ESA identified stained concrete in the Walmart auto center under used oil transfer hoses and piping. No violations were found upon review of the City of Parma Fire Department’s records. Fifth, the Phase I ESA observed a release of hydraulic oil at the base of a pad-mounted transformer at the subject property identified as Walmart. No subsurface impact is suspected. Sixth, there is a potential for ACM at the Mortgaged Property.

 

 

 

Loan No. 50 – CVS Brownsburg – The related Phase I ESA identified a REC at the Mortgaged Property related to the former use of the Mortgaged Property as a gas station and the existence of nine USTs that were reportedly removed between 1994 and 1998. During the UST removal, petroleum hydrocarbon contamination was identified in the soil and groundwater at the Mortgaged Property above acceptable regulatory levels. At the time of removal, the Indiana Department of Environmental Management (“IDEM”) recommended additional assessment, which was not performed at that time. In October 2019, a Phase II ESA was performed which found that volatile organic compounds and other contaminants are present in the soil and groundwater at the Mortgaged Property at levels exceeding the applicable regulatory levels, but appear to be limited to the northern and northwestern portions of the Mortgaged Property. The environmental consultant noted that it is unlikely that the soil and groundwater contamination will affect the improvements at the Mortgaged Property. The environmental consultant recommended (i) additional investigation and installation of permanent groundwater monitoring wells, (ii) groundwater sampling for at least four consecutive quarters, (iii) implementation of an environmental restrictive covenant, with implementation of land use restrictions to disallow (a) residential reuse of the site and (b) installation of potable water well sources onsite and (iv) seeking no further action status with IDEM. The Mortgage Loan documents require that the borrower (i) take all action required by the applicable authority to remediate and/or obtain full and final regulatory closure of all issues described above and (ii) obtain a no further action letter from the applicable governmental authority (the “Closure Conditions”). The borrower deposited $75,000 at origination to cover the costs of satisfying the Closure Conditions, which represents

 

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125.0% of such costs. The borrower was also required to obtain an environmental insurance policy with coverage against loss or damage arising in connection with these environmental issues (including the remediation and closure thereof) in an amount not less than $500,000 in the aggregate.

   

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Loan No. 25 – Aliso Viejo Plaza – The related Phase I ESA identified soil contamination in connection with the Mortgaged Property’s prior use as a dry cleaning facility. The related environmental consultant reported that the site received regulatory closure following a Phase II investigation, allowing the contaminated soil to remain in place. The prior environmental consultant recommended no further action in connection with the related soil contamination. The current environmental consultant considers the soil contamination to be a REC. The environmental consultant recommends that a Phase II subsurface investigation be conducted in connection with the REC. In lieu of a Phase II investigation, the borrower obtained an environmental insurance policy from Sirius International Insurance Corporation, listing the lender as an additional named insured, with a $5,000,000 policy limit per occurrence and in the aggregate, and a $25,000 deductible. Sirius International Insurance Corporation is rated “A-” by S&P and “A/XV” by A.M. Best. The policy expires on November 19, 2032, which is approximately three years past the maturity date of the Mortgage Loan.

 

 

 

Loan No. 35 – CubeSmart Penn’s Landing – The ESA for the Mortgaged Property identified a REC related to an on-site private gasoline station associated with a meat processing facility. No records are available relating to removal of a 4,000-gallon UST. Additionally, historic maps depict the use of the Mortgaged Property as a freight yard from the late 1800’s until the 1970’s, which could have had adverse environmental impacts on the Mortgaged Property. The Phase I ESA recommended a limited subsurface investigation. The environmental consultant estimated with 90% confidence that the total cost to address potential impacts would range from $446,000 to $943,000. In lieu of obtaining a Phase II ESA, the lender obtained a $3,000,000 lender environmental collateral protection and liability-type environmental insurance policy with $3,000,000 sublimit per claim from AXA XL – Environmental with an eight-year term (three years past Mortgage Loan maturity) and having a $25,000 self-insured retention per claim. The policy premium was pre-paid at origination. AXA XL – Environmental has an S&P rating of “A+”.

 

 

 

Loan No. 51 – Orient Drive Mobile Estates – In lieu of obtaining a Phase I ESA, the lender obtained a $2,950,000 group lender environmental collateral protection and liability-type environmental insurance policy from Steadfast Insurance Company, a member company of Zurich North America, with $2,950,000 sublimit per claim, a 10-year term (equal to the Mortgage Loan term), a three-year policy tail and no deductible. The policy premium was pre-paid at origination. Zurich North America has an S&P rating of “AA-”.

 

 

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For more information, see “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in the preliminary prospectus.

 

 

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Loan No. 4 – Phoenix Industrial Portfolio III – The largest tenant at the Galesburg Mortgaged Property, Blick Art Materials, LLC, has a first right of refusal to lease an additional 202,568 SF.

 

 

 

Loan No. 5 – 3 Columbus Circle – The largest tenant at the Mortgaged Property, Young & Rubicam, Inc., leases (i) 214,372 SF for an underwritten base rent of $76.00 PSF with an expiration date in July 2033, (ii) 124,760 SF for an underwritten base rent of $68.00 PSF with an expiration date in August 2033, (iii) 34,634 SF for an underwritten base rent of $62.00 PSF with an expiration date in August 2033 and (iv) 1,300 SF for an underwritten base rent of $32.50 PSF with an expiration date in August 2033. In addition, the third largest tenant at the Mortgaged Property, Nordstrom, leases (i) 43,018 SF for an underwritten base rent of $241.25 PSF and (ii) 3,973 SF for an underwritten base rent of $725.00 PSF.

 

 

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Loan No. 4 – Phoenix Industrial Portfolio III – The largest tenant at the Covington Mortgaged Property, VF Imagewear, Inc., received a tenant improvement allowance of $511,457 in conjunction with its new lease. At origination, the borrower deposited $1,000,000 for outstanding free rents, rent abatements and/or work and repairs at the Covington Mortgaged Property with respect to the VF Imagewear, Inc. tenant space. At origination, the borrower also deposited $500,000 to replace the existing heating units and add additional exterior lighting to the parking and driveway areas at the Galesburg Mortgaged Property as required pursuant to the lease for the largest tenant at the Galesburg Mortgaged Property, Blick Art Materials, LLC.

 

 

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Loan No. 28 – Courtyard - Tampa (Citrus Park) – The borrower deposited $350,000 at origination into a working capital reserve to be used for any shortfalls in debt service and operating expenses throughout the life of the Mortgage Loan.

 

 

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Loan No. 18 – 7105 - 7115 37th Avenue – The appraiser is not MAI certified, but is a Certified General Appraiser.

 

 

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Loan No. 5 – 3 Columbus Circle – A portion of the Mortgaged Property is subject to a condominium regime. The borrower owns 100% of the condominiums under the condominium regime, and, therefore, owns 100% control of the related condominium board. Please see “Description of the Mortgage Pool-Mortgage Pool Characteristics-Condominium Interests” in the preliminary prospectus for additional information.

 

 

 

Loan No. 10 – AVR Atlanta Airport SpringHill Gateway – The borrower guarantor is AVR Gateway S, LLC and has the sole and exclusive right to operate Mortgaged Property pursuant to a 50-year occupancy agreement with the College Park Business and Industrial Development Authority (“BIDA”). The borrower is BIDA, the owner of the fee simple interest in the Mortgaged Property. Pursuant to the occupancy agreement, AVR Gateway S, LLC has rights in the Mortgaged Property that are similar to leasehold interest rights.

 

 

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Loan No. 29 – 1413 Germantown Avenue – The property type includes one retail unit.

 

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Loan No. 52 – Pomona Park – The property type includes 31.0% of industrial space.

 

 

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Loan No. 2 – Chroma Apartments – The underwritten revenue includes 22.4% of retail, parking and other income.

 

 

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Loan No. 5 – 3 Columbus Circle – The Mortgaged Property is subject to a property tax exemption pursuant to an Industrial & Commercial Incentive Program (“ICIP”), which is scheduled to end in 2022. Based on the appraisal obtained at origination, the tax benefits began to phase out in fiscal year 2017/2018, when the applicable exemption was 80% of the full exemption amount, resulting in the tax liability of $6,704,066 for an abatement of $479,428 and will expire in 2020/21, when the applicable exemption will be 20% of the full exemption amount, resulting in an estimated tax liability of $8,177,042 for an abatement of $138,749. The lender underwrote the real estate taxes based on the full real estate taxes without accounting for the exemption. See “Description of the Mortgage Pool- Mortgage Pool Characteristics-Real Estate and Other Tax Considerations” in the preliminary prospectus for additional information.

 

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