FWP 1 n2461-x3_anxa1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
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    REGISTRATION FILE NO.: 333-227446-13
     

 

     
 

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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name % of Initial
Pool Balance 		Mortgage
Loan
Originator(1)		 Mortgage
Loan Seller(1)		 Original
Balance		 Cut-off Date
Balance		 Maturity/ARD
Balance 		Cut-off Date
Balance per SF/
Units/Rooms/Pads		 Loan Purpose Sponsor
Loan 5, 9 1 Pathline Park 9 & 10 9.9% WFB WFB $90,000,000 $90,000,000 $90,000,000 $536.69 Recapitalization The Irvine Company LLC
Loan 5, 10 2 Miami Design District 9.9% BANA BANA $90,000,000 $90,000,000 $90,000,000 $804.68 Refinance Miami Design District Associates, LLC
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio 9.9% BANA BANA $90,000,000 $90,000,000 $90,000,000 $91.00 Recapitalization Extra Space Storage Inc.; G-Unit LLC
Property   3.01 Houston - Katy Fwy 0.9% BANA   $8,433,333 $8,433,333 $8,433,333      
Property   3.02 Santa Maria - Skyway Dr 0.8% BANA   $7,416,667 $7,416,667 $7,416,667      
Property   3.03 Redlands – Alabama St 0.8% BANA   $7,025,000 $7,025,000 $7,025,000      
Property   3.04 Sacramento - Franklin Blvd 0.8% BANA   $6,950,000 $6,950,000 $6,950,000      
Property   3.05 Dallas - Northwest Hwy 0.7% BANA   $6,383,333 $6,383,333 $6,383,333      
Property   3.06 Sacramento - 5051 Perry Ave 0.6% BANA   $5,633,333 $5,633,333 $5,633,333      
Property   3.07 Chicago - 95th St 0.6% BANA   $5,475,000 $5,475,000 $5,475,000      
Property   3.08 Chicago - West Addison 0.6% BANA   $5,450,000 $5,450,000 $5,450,000      
Property   3.09 Tracy - 787 E 11th St 0.6% BANA   $5,450,000 $5,450,000 $5,450,000      
Property   3.10 Tracy - 780 E 11th St 0.6% BANA   $5,425,000 $5,425,000 $5,425,000      
Property   3.11 Fredericksburg - 5219 Plank Rd 0.6% BANA   $5,358,333 $5,358,333 $5,358,333      
Property   3.12 North Aurora - Lincolnway 0.5% BANA   $4,966,667 $4,966,667 $4,966,667      
Property   3.13 Spring - I-45 North 0.5% BANA   $4,791,667 $4,791,667 $4,791,667      
Property   3.14 Chicago - Pulaski Rd 0.5% BANA   $4,583,333 $4,583,333 $4,583,333      
Property   3.15 El Paso - Desert Blvd 0.4% BANA   $3,366,667 $3,366,667 $3,366,667      
Property   3.16 Mt Pleasant - Bowman Rd 0.4% BANA   $3,291,667 $3,291,667 $3,291,667      
Loan 5, 8 4 605 Third Avenue 7.8% MSBNA MSMCH $71,000,000 $71,000,000 $71,000,000 $224.77 Refinance RP 605 Acquisition; FB 605 Equity LLC, FB 605 Corp.; Hadwin LLC
Loan 12 5 530 Seventh Avenue Fee 6.1% MSBNA MSMCH $55,000,000 $55,000,000 $55,000,000 $111.06 Refinance Robert Savitt
Loan 6 6 ExchangeRight Net Leased Portfolio #43 4.2% BANA BANA $38,140,000 $38,140,000 $38,140,000 $133.61 Acquisition ExchangeRight Real Estate, LLC
Property   6.01 Lowe’s - Dalton (Cleveland), GA 0.7% BANA   $6,245,092 $6,245,092 $6,245,092      
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND 0.4% BANA   $3,440,224 $3,440,224 $3,440,224      
Property   6.03 Tractor Supply - Patterson (Rte-311), NY 0.4% BANA   $3,409,231 $3,409,231 $3,409,231      
Property   6.04 Walgreens (Grand) - Ames, IA 0.4% BANA   $3,223,273 $3,223,273 $3,223,273      
Property   6.05 Walgreens - Baltimore (Liberty), MD 0.3% BANA   $2,696,392 $2,696,392 $2,696,392      
Property   6.06 Walgreens - Independence (East 23rd), MO 0.3% BANA   $2,463,944 $2,463,944 $2,463,944      
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC 0.3% BANA   $2,460,845 $2,460,845 $2,460,845      
Property   6.08 Walgreens - Skokie (Skokie), IL 0.3% BANA   $2,417,455 $2,417,455 $2,417,455      
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN 0.2% BANA   $2,138,518 $2,138,518 $2,138,518      
Property   6.10 M&T Bank - Rochester (Latta), NY 0.2% BANA   $2,076,532 $2,076,532 $2,076,532      
Property   6.11 Fresenius Medical Care - Walker (Walker), LA 0.2% BANA   $1,859,581 $1,859,581 $1,859,581      
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN 0.2% BANA   $1,828,588 $1,828,588 $1,828,588      
Property   6.13 Sherwin Williams - Bloomington (Gates), IN 0.2% BANA   $1,394,686 $1,394,686 $1,394,686      
Property   6.14 Dollar Tree - Midland (Big Spring), TX 0.1% BANA   $1,245,919 $1,245,919 $1,245,919      
Property   6.15 Sherwin Williams - Hamilton (Walden), OH 0.1% BANA   $1,239,720 $1,239,720 $1,239,720      
Loan 5, 6, 7, 11 7 Boca Office Portfolio 3.3% BANA BANA $29,700,000 $29,700,000 $29,700,000 $192.41 Recapitalization; Acquisition Carlos Ulloa; Debra Corchia; Daniel Statlander; James Caprio
Property   7.01 Boardwalk @ 18th 1.0% BANA   $9,000,000 $9,000,000 $9,000,000      
Property   7.02 Fountains Center 0.9% BANA   $8,550,000 $8,550,000 $8,550,000      
Property   7.03 City National Park 0.9% BANA   $8,550,000 $8,550,000 $8,550,000      
Property   7.04 Grove Centre 0.4% BANA   $3,600,000 $3,600,000 $3,600,000      
Loan   8 Park Del Amo 3.1% BANA BANA $28,140,000 $28,140,000 $28,140,000 $137.06 Refinance Omninet Capital, LLC
Loan 13 9 Lakeshore Business Center 2.8% MSBNA MSMCH $25,100,000 $25,100,000 $22,801,627 $105.60 Refinance YMP Real Estate
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio 2.4% BANA BANA $21,500,000 $21,500,000 $19,481,561 $35,537.19 Refinance Stephen G. Siegel
Property   10.01 Siegel Suites – San Antonio, TX 0.7% BANA   $6,360,000 $6,360,000 $5,762,918      
Property   10.02 Siegel Select – Albuquerque, NM 0.7% BANA   $6,120,000 $6,120,000 $5,545,449      
Property   10.03 Siegel Select – Bossier City, LA 0.5% BANA   $4,770,000 $4,770,000 $4,322,188      
Property   10.04 Siegel Suites – Holland, OH 0.5% BANA   $4,250,000 $4,250,000 $3,851,006      
Loan 7, 14, 15 11 250 Bedford Avenue 2.2% MSBNA MSMCH $20,000,000 $20,000,000 $20,000,000 $384.38 Acquisition Abraham Bennun
Loan 6, 7 12 Lake Region Portfolio 2.1% WFB WFB $18,700,000 $18,700,000 $18,700,000 $62.86 Acquisition Westport Properties, Inc.
Property   12.01 US Storage Centers - Duluth 1.0% WFB   $9,180,000 $9,180,000 $9,180,000      
Property   12.02 US Storage Centers - St. Paul 0.6% WFB   $5,565,000 $5,565,000 $5,565,000      
Property   12.03 US Storage Centers - Brainerd 0.4% WFB   $3,620,000 $3,620,000 $3,620,000      
Property   12.04 US Storage Centers - Pine Tree 0.0% WFB   $335,000 $335,000 $335,000      
Loan 7 13 Heath Town Center 1.9% MSBNA MSMCH $16,800,000 $16,800,000 $16,800,000 $216.30 Acquisition Younger Partners
Loan 5, 7, 16, 17 14 McClellan Park 1.8% WFB WFB $16,600,000 $16,600,000 $16,600,000 $51.69 Refinance McClellan Business Park, LLC
Loan 8, 18 15 111 Fourth Avenue 1.7% MSBNA MSMCH $15,000,000 $15,000,000 $12,580,499 $93,167.70 Refinance N/A
Loan   16 Extra Space Storage - DC 1.6% WFB WFB $14,500,000 $14,500,000 $12,189,545 $203.00 Refinance Robert J. Miller
Loan 13, 19 17 12900 I Street 1.5% MSBNA MSMCH $14,000,000 $14,000,000 $11,399,322 $23.05 Refinance G. Richard Russell; Joel R. Russell
Loan   18 ASM America HQ 1.4% MSBNA MSMCH $12,850,000 $12,850,000 $12,850,000 $98.63 Acquisition Mapleton Investments
Loan 20 19 Chapel Lakes 1.4% WFB WFB $12,600,000 $12,577,676 $9,844,446 $82,747.87 Refinance A. Richard Nernberg; The A. Richard Nernberg Amended and Restated Revocable Deed of Trust; Susan L. Nernberg; The Susan L. Nernberg Amended and Restated Revocable Deed of Trust
Loan   20 Candlewood Apartments & Country Villas 1.4% MSBNA MSMCH $12,500,000 $12,500,000 $12,500,000 $59,241.71 Refinance Martin B. Geller; Eric Richelson; Herbert C. Klein
Loan   21 El Paseo 1.3% WFB WFB $12,000,000 $12,000,000 $10,815,858 $208.02 Refinance James P. Knell
Loan   22 Olin Technology Administration Center 1.3% MSBNA MSMCH $11,700,000 $11,700,000 $11,700,000 $187.20 Acquisition DMI Capital
Loan 6 23 North Austin Portfolio 1.3% MSBNA MSMCH $11,500,000 $11,500,000 $9,606,801 $140.24 Refinance Aman Bandali
Property   23.01 Cold Springs Marketplace 0.8% MSBNA   $7,482,000 $7,482,000 $6,250,269      
Property   23.02 Old Settlers Market 0.4% MSBNA   $4,018,000 $4,018,000 $3,356,533      
Loan 18 24 Towne House Village North Owners, Inc. 1.2% NCB NCB $10,680,000 $10,680,000 $10,680,000 $63,952.10 Refinance N/A
Loan   25 2 Boston Post Road 1.1% MSBNA MSMCH $10,000,000 $10,000,000 $10,000,000 $72.64 Refinance Richard DiGirolamo; Joseph Iamunno, Jr.
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX 1.1% WFB WFB $9,775,000 $9,775,000 $8,831,323 $227.22 Acquisition Ryan Tedder; Keith Kantrowitz
Property   26.01 2389 East Windmill 0.4% WFB   $3,560,055 $3,560,055 $3,216,368      
Property   26.02 12601 Tech Ridge Boulevard 0.4% WFB   $3,366,510 $3,366,510 $3,041,508      
Property   26.03 850 43rd Avenue Southwest 0.3% WFB   $2,848,435 $2,848,435 $2,573,448      
Loan 18 27 Valerie Arms Apartment Corp. 1.0% NCCB NCB $9,000,000 $9,000,000 $6,929,249 $35,714.29 Refinance N/A
Loan 18 28 Blossom Gardens Apartments, Inc. 0.8% NCCB NCB $7,500,000 $7,490,975 $6,461,896 $40,711.82 Refinance N/A
Loan   29 Extra Space Storage - Lompoc, CA 0.8% BANA BANA $7,250,000 $7,250,000 $7,250,000 $108.21 Refinance Garry Collett; Lou Mellman
Loan   30 A Storage Place – Fort Collins 0.8% WFB WFB $7,000,000 $7,000,000 $7,000,000 $57.26 Refinance Darryl B. Flaming; Carolyn Ann Flaming; Flaming Revocable Declaration of Trust
Loan   31 Foley Cubesmart 0.8% MSBNA MSMCH $7,000,000 $7,000,000 $6,063,094 $101.08 Refinance Conner V. House; Alfred Vidal Davis; Gary J. Guido; Charles W. Caldwell, III
Loan   32 Lowe’s Cromwell 0.7% MSBNA MSMCH $6,400,000 $6,400,000 $6,400,000 $51.33 Refinance Anthony C. Fonda
Loan 6, 21 33 CVS-Walgreens Portfolio 0.6% MSBNA MSMCH $5,010,000 $5,010,000 $5,010,000 $197.26 Acquisition Yakup Imir
Property   33.01 Walgreens 0.3% MSBNA   $2,906,211 $2,906,211 $2,906,211      
Property   33.02 CVS 0.2% MSBNA   $2,103,789 $2,103,789 $2,103,789      
Loan   34 Winding Way Apartments 0.6% MSBNA MSMCH $5,000,000 $5,000,000 $5,000,000 $68,493.15 Refinance Louis Feinstein
Loan 22 35 Yuba City 99 Self Storage 0.6% MSBNA MSMCH $5,000,000 $5,000,000 $5,000,000 $53.00 Refinance Dominus Companies, Inc
Loan   36 Summer Haven MHP 0.6% MSBNA MSMCH $5,000,000 $5,000,000 $4,392,031 $47,169.81 Refinance David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty
Loan   37 Lockaway Self Storage - Castro Valley, CA 0.5% BANA BANA $4,772,400 $4,772,400 $4,772,400 $56.86 Refinance Philip Ramser Jr.; James Buckingham
Loan   38 CVS Bartlesville OK 0.5% MSBNA MSMCH $4,700,000 $4,700,000 $4,700,000 $355.39 Refinance Krista Bonaguidi
Loan   39 WAG - Aurora, CO 0.5% WFB WFB $4,700,000 $4,700,000 $4,700,000 $332.84 Recapitalization Elizabeth Edlich
Loan   40 Woodland Park Self Storage, Sheridan, WY   0.5% BANA BANA $4,582,500 $4,582,500 $4,582,500 $37.31 Acquisition Matthew N. Follet; Matthew L. Garibaldi
Loan 13 41 Holiday Acres MHP 0.5% MSBNA MSMCH $4,530,000 $4,530,000 $3,874,051 $33,065.69 Refinance David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty
Loan 8 42 52 Ludlow Street 0.5% MSBNA MSMCH $4,500,000 $4,500,000 $4,500,000 $450,000.00 Refinance K L F Holding Corp.

 

 

A-1-1

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name % of Initial
Pool Balance 		Mortgage
Loan
Originator(1)		 Mortgage
Loan Seller(1)		 Original
Balance		 Cut-off Date
Balance		 Maturity/ARD
Balance 		Cut-off Date
Balance per SF/
Units/Rooms/Pads		 Loan Purpose Sponsor
Loan   43 Stuff Ur Storage Henderson, NV 0.5% BANA BANA $4,425,000 $4,425,000 $4,425,000 $48.62 Refinance Carl E. Touhey
Loan 23 44 16680 Valley View Avenue Data Center 0.5% BANA BANA $4,150,000 $4,150,000 $3,504,250 $251.07 Acquisition Capital Square
Loan 18 45 Tee-Lex Operating Inc. 0.4% NCCB NCB $4,000,000 $4,000,000 $4,000,000 $42,105.26 Refinance N/A
Loan 18 46 30 Clinton Place Owners, Inc. 0.4% NCCB NCB $4,000,000 $4,000,000 $4,000,000 $78,431.37 Refinance N/A
Loan   47 Gold Creek Apartments 0.4% MSBNA MSMCH $3,700,000 $3,700,000 $3,700,000 $52,857.14 Refinance Louis Feinstein
Loan   48 Storelocal  - Coeur d’Alene, ID 0.4% BANA BANA $3,700,000 $3,700,000 $3,700,000 $58.20 Refinance James P. Karas
Loan 18 49 Larchmont Gables Apartment Corp. 0.4% NCCB NCB $3,400,000 $3,393,758 $2,627,830 $70,703.30 Refinance N/A
Loan 13, 18 50 305 Equities Corp. 0.3% NCB NCB $2,900,000 $2,900,000 $2,223,342 $60,416.67 Refinance N/A
Loan   51 Glenview Mobile Lodge Community 0.3% BANA BANA $2,850,000 $2,850,000 $2,850,000 $55,882.35 Refinance David Mandagie
Loan 18 52 511 West 232nd Owners Corp. 0.3% NCCB NCB $2,500,000 $2,500,000 $1,927,054 $37,878.79 Refinance N/A
Loan 18 53 Shore Lane Arms Owners Corp. 0.3% NCCB NCB $2,350,000 $2,345,724 $1,821,199 $23,935.96 Refinance N/A
Loan 8, 13 54 69 Meserole Avenue 0.2% MSBNA MSMCH $2,050,000 $2,050,000 $2,050,000 $256,250.00 Refinance Jeffrey Lefkovits
Loan 18 55 267 W. 89 Owners Corp. 0.2% NCCB NCB $2,000,000 $2,000,000 $2,000,000 $62,500.00 Refinance N/A
Loan 18 56 169 Spring Owners Corp. 0.2% NCCB NCB $1,800,000 $1,800,000 $1,400,416 $150,000.00 Refinance N/A
Loan 18 57 14 Jay Street Owners Corp. 0.2% NCCB NCB $1,800,000 $1,800,000 $1,800,000 $257,142.86 Refinance N/A
Loan 18 58 327-329 4th St. Owners Corp. 0.2% NCCB NCB $1,600,000 $1,600,000 $1,389,666 $177,777.78 Refinance N/A
Loan 18 59 210 Equities Corp. 0.2% NCCB NCB $1,500,000 $1,497,298 $1,166,030 $53,474.92 Refinance N/A
Loan 18 60 39-75 56th Street Owners Corp. 0.2% NCCB NCB $1,500,000 $1,500,000 $1,297,672 $28,301.89 Refinance N/A
Loan   61 Squaw Valley Mobile Home Community 0.2% BANA BANA $1,375,000 $1,375,000 $1,222,664 $28,061.22 Refinance Hugh Stewart
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. 0.1% NCCB NCB $1,300,000 $1,297,640 $1,008,245 $6,063.74 Recapitalization N/A
Loan 18 63 Parkway Owners Inc. 0.1% NCCB NCB $1,200,000 $1,200,000 $15,830 $23,529.41 Recapitalization N/A
Loan 18 64 91 Tenants Corp. 0.1% NCCB NCB $1,000,000 $1,000,000 $1,000,000 $125,000.00 Refinance N/A

 

 

A-1-2

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Non-Recourse Carveout Guarantor   No. of
Properties 		General Property Type Detailed Property Type Title Type
Loan 5, 9 1 Pathline Park 9 & 10 TT Peery Park JV LLC   1 Office Suburban Fee
Loan 5, 10 2 Miami Design District Miami Design District Associates, LLC   1 Retail Luxury Retail Fee
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio Extra Space Storage Inc.   16      
Property   3.01 Houston - Katy Fwy       Self Storage Self Storage Fee
Property   3.02 Santa Maria - Skyway Dr       Self Storage Self Storage Fee
Property   3.03 Redlands – Alabama St       Self Storage Self Storage Fee
Property   3.04 Sacramento - Franklin Blvd       Self Storage Self Storage Fee
Property   3.05 Dallas - Northwest Hwy       Self Storage Self Storage Fee
Property   3.06 Sacramento - 5051 Perry Ave       Self Storage Self Storage Fee
Property   3.07 Chicago - 95th St       Self Storage Self Storage Fee
Property   3.08 Chicago - West Addison       Self Storage Self Storage Fee
Property   3.09 Tracy - 787 E 11th St       Self Storage Self Storage Fee
Property   3.10 Tracy - 780 E 11th St       Self Storage Self Storage Fee
Property   3.11 Fredericksburg - 5219 Plank Rd       Self Storage Self Storage Fee
Property   3.12 North Aurora - Lincolnway       Self Storage Self Storage Fee
Property   3.13 Spring - I-45 North       Self Storage Self Storage Fee
Property   3.14 Chicago - Pulaski Rd       Self Storage Self Storage Fee
Property   3.15 El Paso - Desert Blvd       Self Storage Self Storage Fee
Property   3.16 Mt Pleasant - Bowman Rd       Self Storage Self Storage Fee
Loan 5, 8 4 605 Third Avenue N/A   1 Office CBD Fee
Loan 12 5 530 Seventh Avenue Fee N/A   1 Other Leased Fee Fee
Loan 6 6 ExchangeRight Net Leased Portfolio #43 David Fisher; Joshua Ungerecht; Warren Thomas   15      
Property   6.01 Lowe’s - Dalton (Cleveland), GA       Other Leased Fee Fee
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND       Retail Single Tenant Fee
Property   6.03 Tractor Supply - Patterson (Rte-311), NY       Retail Single Tenant Fee
Property   6.04 Walgreens (Grand) - Ames, IA       Retail Single Tenant Fee
Property   6.05 Walgreens - Baltimore (Liberty), MD       Retail Single Tenant Fee
Property   6.06 Walgreens - Independence (East 23rd), MO       Retail Single Tenant Fee
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC       Office Medical Office Fee
Property   6.08 Walgreens - Skokie (Skokie), IL       Retail Single Tenant Fee
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN       Retail Single Tenant Fee
Property   6.10 M&T Bank - Rochester (Latta), NY       Other Leased Fee Fee
Property   6.11 Fresenius Medical Care - Walker (Walker), LA       Office Medical Office Fee
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN       Retail Single Tenant Fee
Property   6.13 Sherwin Williams - Bloomington (Gates), IN       Retail Single Tenant Fee
Property   6.14 Dollar Tree - Midland (Big Spring), TX       Retail Single Tenant Fee
Property   6.15 Sherwin Williams - Hamilton (Walden), OH       Retail Single Tenant Fee
Loan 5, 6, 7, 11 7 Boca Office Portfolio Carlos Ulloa; Debra Corchia; Daniel Statlander; James Caprio   4      
Property   7.01 Boardwalk @ 18th       Mixed Use Office/Retail Fee
Property   7.02 Fountains Center       Mixed Use Office/Retail Fee
Property   7.03 City National Park       Mixed Use Office/Retail Fee
Property   7.04 Grove Centre       Mixed Use Office/Retail Fee
Loan   8 Park Del Amo Neil Kadisha; Benjamin Nazarian   1 Office Suburban Fee
Loan 13 9 Lakeshore Business Center Joseph Popack; Moshe Popack   1 Office Suburban Fee
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio Stephen G. Siegel   4      
Property   10.01 Siegel Suites – San Antonio, TX       Multifamily Flexible Apartments Fee
Property   10.02 Siegel Select – Albuquerque, NM       Multifamily Flexible Apartments Fee
Property   10.03 Siegel Select – Bossier City, LA       Multifamily Flexible Apartments Fee
Property   10.04 Siegel Suites – Holland, OH       Multifamily Flexible Apartments Fee
Loan 7, 14, 15 11 250 Bedford Avenue Abraham Bennun   1 Retail Anchored Fee
Loan 6, 7 12 Lake Region Portfolio Westport/TR Storage Venture III LLC   4      
Property   12.01 US Storage Centers - Duluth       Self Storage Self Storage Fee
Property   12.02 US Storage Centers - St. Paul       Self Storage Self Storage Fee
Property   12.03 US Storage Centers - Brainerd       Self Storage Self Storage Fee
Property   12.04 US Storage Centers - Pine Tree       Self Storage Self Storage Fee
Loan 7 13 Heath Town Center Jennifer Kathleen Permenter; Moody Younger   1 Retail Anchored Fee
Loan 5, 7, 16, 17 14 McClellan Park McClellan Business Park, LLC   1 Industrial Warehouse Fee
Loan 8, 18 15 111 Fourth Avenue N/A   1 Multifamily Cooperative Fee
Loan   16 Extra Space Storage - DC Robert J. Miller   1 Self Storage Self Storage Fee
Loan 13, 19 17 12900 I Street Millard Lumber Inc.   1 Industrial Warehouse Fee
Loan   18 ASM America HQ Mapleton Investments, LLC   1 Industrial Flex/R&D Fee
Loan 20 19 Chapel Lakes A. Richard Nernberg; The A. Richard Nernberg Amended and Restated Revocable Deed of Trust; Susan L. Nernberg; The Susan L. Nernberg Amended and Restated Revocable Deed of Trust   1 Multifamily Garden Fee
Loan   20 Candlewood Apartments & Country Villas Eric Richelson; Martin B. Geller; Herbert Klein   1 Multifamily Garden Fee
Loan   21 El Paseo James P. Knell; The James And Theresa Knell Family Trust   1 Mixed Use Retail/Office/Multifamily Fee
Loan   22 Olin Technology Administration Center 6578 Avenida Wilfredo LLC; Eduardo Leano Espinosa; Lepad RE, LLC; 6469 Caminito Baltusral LLC; Ten H Holdings, LLC   1 Office Suburban Fee
Loan 6 23 North Austin Portfolio Aman Bandali   2      
Property   23.01 Cold Springs Marketplace       Retail Unanchored Fee
Property   23.02 Old Settlers Market       Retail Unanchored Fee
Loan 18 24 Towne House Village North Owners, Inc. N/A   1 Multifamily Cooperative Fee
Loan   25 2 Boston Post Road Joseph Iamunno, Jr.; Joseph Iamunno, Jr., as trustee of MG Trust dated June 15, 2018; Richard DiGirolamo   1 Industrial Warehouse Fee
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX Ryan Tedder; Keith Kantrowitz   3      
Property   26.01 2389 East Windmill       Retail Single Tenant Fee
Property   26.02 12601 Tech Ridge Boulevard       Retail Single Tenant Fee
Property   26.03 850 43rd Avenue Southwest       Retail Single Tenant Fee
Loan 18 27 Valerie Arms Apartment Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 28 Blossom Gardens Apartments, Inc. N/A   1 Multifamily Cooperative Fee
Loan   29 Extra Space Storage - Lompoc, CA LG TC Holdings, LP; Harridge Development Group, LLC   1 Self Storage Self Storage Fee
Loan   30 A Storage Place – Fort Collins Darryl B. Flaming; Carolyn Ann Flaming; Flaming Revocable Declaration of Trust   1 Self Storage Self Storage Fee
Loan   31 Foley Cubesmart Charles W. Caldwell, III; Conner V. House; Gary J. Guido; Alfred Vidal Davis   1 Self Storage Self Storage Fee
Loan   32 Lowe’s Cromwell Anthony C. Fonda   1 Other Leased Fee Fee
Loan 6, 21 33 CVS-Walgreens Portfolio Yakup Imir   2      
Property   33.01 Walgreens       Retail Single Tenant Fee
Property   33.02 CVS       Retail Single Tenant Fee
Loan   34 Winding Way Apartments Louis G. Feinstein; Bypass Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991; Marital Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991   1 Multifamily Garden Fee
Loan 22 35 Yuba City 99 Self Storage Jas Bains   1 Self Storage Self Storage Fee
Loan   36 Summer Haven MHP David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty   1 Manufactured Housing Manufactured Housing Fee
Loan   37 Lockaway Self Storage - Castro Valley, CA Philip Ramser Jr.; James Buckingham   1 Self Storage Self Storage Fee
Loan   38 CVS Bartlesville OK Krista Bonaguidi   1 Retail Single Tenant Fee
Loan   39 WAG - Aurora, CO Elizabeth Edlich   1 Retail Single Tenant Fee
Loan   40 Woodland Park Self Storage, Sheridan, WY   Matthew N. Follet; Matthew L. Garibaldi   1 Self Storage Self Storage Fee
Loan 13 41 Holiday Acres MHP David R. Hunt, Sr.; Gregory S. Rumsey; Paul Skyler Liechty   1 Manufactured Housing Manufactured Housing Fee
Loan 8 42 52 Ludlow Street Michael Fung   1 Multifamily Mid Rise Fee

 

 

A-1-3

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Non-Recourse Carveout Guarantor   No. of
Properties 		General Property Type Detailed Property Type Title Type
Loan   43 Stuff Ur Storage Henderson, NV Carl E. Touhey   1 Self Storage Self Storage Fee
Loan 23 44 16680 Valley View Avenue Data Center Louis J. Rogers   1 Other Data Center Fee
Loan 18 45 Tee-Lex Operating Inc. N/A   1 Multifamily Cooperative Fee
Loan 18 46 30 Clinton Place Owners, Inc. N/A   1 Multifamily Cooperative Fee
Loan   47 Gold Creek Apartments Louis G. Feinstein; Bypass Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991; Marital Trust created under the Myron S. Feinstein and Zelma Feinstein 1991 Family Trust, dated July 30, 1991   1 Multifamily Garden Fee
Loan   48 Storelocal  - Coeur d’Alene, ID James P. Karas   1 Self Storage Self Storage Fee
Loan 18 49 Larchmont Gables Apartment Corp. N/A   1 Multifamily Cooperative Fee
Loan 13, 18 50 305 Equities Corp. N/A   1 Multifamily Cooperative Fee
Loan   51 Glenview Mobile Lodge Community David Mandagie   1 Manufactured Housing Manufactured Housing Fee
Loan 18 52 511 West 232nd Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 53 Shore Lane Arms Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 8, 13 54 69 Meserole Avenue Jeffrey Lefkovits   1 Multifamily Mid Rise Fee
Loan 18 55 267 W. 89 Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 56 169 Spring Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 57 14 Jay Street Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 58 327-329 4th St. Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 59 210 Equities Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 60 39-75 56th Street Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan   61 Squaw Valley Mobile Home Community Hugh Stewart   1 Manufactured Housing Manufactured Housing Fee
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. N/A   1 Multifamily Cooperative Fee
Loan 18 63 Parkway Owners Inc. N/A   1 Multifamily Cooperative Fee
Loan 18 64 91 Tenants Corp. N/A   1 Multifamily Cooperative Fee

 

 

A-1-4

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Ground Lease
Initial Lease
Expiration Date		 Hotel Franchise Agreement Expiration Date Address City County State Zip Code Year Built Year Renovated Size Units of
Measure
Loan 5, 9 1 Pathline Park 9 & 10 N/A N/A 625 North Mary Avenue and 925 West Maude Avenue Sunnyvale Santa Clara CA 94085 2020 N/A 242,226 SF
Loan 5, 10 2 Miami Design District N/A N/A 151 NE 40th Street Miami Miami-Dade FL 33137 2014 – 2019 N/A 497,094 SF
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio                   1,186,768 SF
Property   3.01 Houston - Katy Fwy N/A N/A 7879 Katy Freeway Houston Harris TX 77024 2013 N/A 93,270 SF
Property   3.02 Santa Maria - Skyway Dr N/A N/A 2807 Skyway Drive Santa Maria Santa Barbara CA 93455 1996 N/A 84,005 SF
Property   3.03 Redlands – Alabama St N/A N/A 321 Alabama Street Redlands San Bernardino CA 92373 1986 N/A 70,825 SF
Property   3.04 Sacramento - Franklin Blvd N/A N/A 6900 Franklin Boulevard Sacramento Sacramento CA 95823 2007 N/A 82,035 SF
Property   3.05 Dallas - Northwest Hwy N/A N/A 1975 West Northwest Highway Dallas Dallas TX 75220 1986 2006 130,346 SF
Property   3.06 Sacramento - 5051 Perry Ave N/A N/A 5051 Perry Avenue Sacramento Sacramento CA 95820 1986 N/A 62,865 SF
Property   3.07 Chicago - 95th St N/A N/A 1000 East 95th Street Chicago Cook IL 60619 2001 N/A 80,650 SF
Property   3.08 Chicago - West Addison N/A N/A 4400 West Addison Street Chicago Cook IL 60641 1936 2001 72,614 SF
Property   3.09 Tracy - 787 E 11th St N/A N/A 787 East 11th Street Tracy San Joaquin CA 95304 2003 N/A 54,820 SF
Property   3.10 Tracy - 780 E 11th St N/A N/A 780 East 11th Street Tracy San Joaquin CA 95304 1989 N/A 61,195 SF
Property   3.11 Fredericksburg - 5219 Plank Rd N/A N/A 5219 Plank Road Fredericksburg Spotsylvania VA 22407 2000 N/A 59,025 SF
Property   3.12 North Aurora - Lincolnway N/A N/A 416 South Lincolnway Street North Aurora Kane IL 60542 2008 N/A 77,540 SF
Property   3.13 Spring - I-45 North N/A N/A 25690 North Interstate Highway 45 Spring Montgomery TX 77386 1999 N/A 70,485 SF
Property   3.14 Chicago - Pulaski Rd N/A N/A 4222 South Pulaski Road Chicago Cook IL 60632 1950 2011 72,392 SF
Property   3.15 El Paso - Desert Blvd N/A N/A 5405 South Desert Boulevard El Paso El Paso TX 79932 1999 N/A 75,490 SF
Property   3.16 Mt Pleasant - Bowman Rd N/A N/A 1117 Bowman Road Mount Pleasant Charleston SC 29464 1986 N/A 39,211 SF
Loan 5, 8 4 605 Third Avenue N/A N/A 605 Third Avenue New York New York NY 10158 1965 2018 1,027,736 SF
Loan 12 5 530 Seventh Avenue Fee N/A N/A 530 Seventh Avenue New York New York NY 10018 1929 N/A 495,245 SF
Loan 6 6 ExchangeRight Net Leased Portfolio #43                   285,465 SF
Property   6.01 Lowe’s - Dalton (Cleveland), GA N/A N/A 1212 Cleveland Highway Dalton Whitfield GA 30721 2002 N/A 130,833 SF
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND N/A N/A 1901 32nd Avenue South Grand Forks Grand Forks ND 58201 1975 2016 21,169 SF
Property   6.03 Tractor Supply - Patterson (Rte-311), NY N/A N/A 1253 Route 311 Patterson Putnam NY 12563 2009 N/A 22,685 SF
Property   6.04 Walgreens (Grand) - Ames, IA N/A N/A 2719 Grand Avenue Ames Story IA 50010 2008 N/A 14,867 SF
Property   6.05 Walgreens - Baltimore (Liberty), MD N/A N/A 8050 Liberty Road Baltimore Baltimore MD 21244 1999 N/A 12,681 SF
Property   6.06 Walgreens - Independence (East 23rd), MO N/A N/A 1536 East 23rd Street South Independence Jackson MO 64055 1998 N/A 13,828 SF
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC N/A N/A 100 Stamford Drive Cary Wake NC 27513 2018 N/A 7,324 SF
Property   6.08 Walgreens - Skokie (Skokie), IL N/A N/A 9150 Skokie Boulevard Skokie Cook IL 60077 1999 N/A 11,847 SF
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN N/A N/A 6818 South Scatterfield Road Anderson Madison IN 46013 2001 N/A 19,085 SF
Property   6.10 M&T Bank - Rochester (Latta), NY N/A N/A 3165 Latta Road Rochester Monroe NY 14612 1990 N/A 4,000 SF
Property   6.11 Fresenius Medical Care - Walker (Walker), LA N/A N/A 29250 Walker Road Walker Livingston LA 70785 2017 N/A 5,363 SF
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN N/A N/A 14795 Sunny Dell Lane Noblesville Hamilton IN 46062 2007 2019 4,261 SF
Property   6.13 Sherwin Williams - Bloomington (Gates), IN N/A N/A 402 North Gates Drive Bloomington Monroe IN 47404 2020 N/A 4,026 SF
Property   6.14 Dollar Tree - Midland (Big Spring), TX N/A N/A 2300 North Big Spring Street Midland Midland TX 79705 2020 N/A 9,993 SF
Property   6.15 Sherwin Williams - Hamilton (Walden), OH N/A N/A 6570 Walden Ponds Circle Hamilton Butler OH 45011 2020 N/A 3,503 SF
Loan 5, 6, 7, 11 7 Boca Office Portfolio                   514,527 SF
Property   7.01 Boardwalk @ 18th N/A N/A 6909 Southwest 18th Street Boca Raton Palm Beach FL 33433 1986 2017 132,132 SF
Property   7.02 Fountains Center N/A N/A 7000-7700 West Camino Real and 22125 Powerline Road Boca Raton Palm Beach FL 33433 1983 N/A 188,666 SF
Property   7.03 City National Park N/A N/A 7000 Palmetto Park Road and 22125 Powerline Road Boca Raton Palm Beach FL 33433 1986; 1991; 1998 N/A 132,207 SF
Property   7.04 Grove Centre N/A N/A 21301 Powerline Road Boca Raton Palm Beach FL 33433 1983 2017 61,522 SF
Loan   8 Park Del Amo N/A N/A 2355 & 2377 Crenshaw Boulevard Torrance Los Angeles CA 90501 1985 2017 205,312 SF
Loan 13 9 Lakeshore Business Center N/A N/A 3201 & 3125 West Commercial Boulevard and 5100 & 5200 Northwest 33rd Avenue Fort Lauderdale Broward FL 33309 1987;1989;2000 N/A 237,682 SF
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio                   605 Units
Property   10.01 Siegel Suites – San Antonio, TX N/A N/A 3855 North PanAm Expressway San Antonio Bexar TX 78219 1963 2020 182 Units
Property   10.02 Siegel Select – Albuquerque, NM N/A N/A 2500 University Boulevard Northeast Albuquerque Bernalillo NM 87107 1985 2019 208 Units
Property   10.03 Siegel Select – Bossier City, LA N/A N/A 3070 East Texas Street Bossier City Bossier Parish LA 71111 1995 2018 119 Units
Property   10.04 Siegel Suites – Holland, OH N/A N/A 6101 Trust Drive Holland Lucas OH 43528 1987 2019-2020 96 Units
Loan 7, 14, 15 11 250 Bedford Avenue N/A N/A 129-139 North 3rd Street a/k/a 248-252 Bedford Avenue a/k/a 195-205 Berry Street Brooklyn Kings NY 11249 2010 N/A 52,032 SF
Loan 6, 7 12 Lake Region Portfolio                   297,498 SF
Property   12.01 US Storage Centers - Duluth N/A N/A 3210 West Michigan Street Duluth Saint Louis MN 55806 2004-2007 N/A 120,035 SF
Property   12.02 US Storage Centers - St. Paul N/A N/A 606 Vandalia Street Saint Paul Ramsey MN 55114 2009 N/A 101,628 SF
Property   12.03 US Storage Centers - Brainerd N/A N/A 16231 State Highway 371 Brainerd Crow Wing MN 56468 2002 N/A 63,915 SF
Property   12.04 US Storage Centers - Pine Tree N/A N/A 14647 State Highway 18 Brainerd Crow Wing MN 56401 1998 N/A 11,920 SF
Loan 7 13 Heath Town Center N/A N/A 453, 455, 457, 459, 465, 469, 473, 551 and 585 Laurence Drive Heath Rockwall TX 75032 2019 N/A 77,669 SF
Loan 5, 7, 16, 17 14 McClellan Park N/A N/A Various McClellan Sacramento CA 95652 1938 2019 6,925,484 SF
Loan 8, 18 15 111 Fourth Avenue N/A N/A 111 Fourth Avenue New York New York NY 10003 1921 1988 161 Units
Loan   16 Extra Space Storage - DC N/A N/A 2800 8th Street Northeast Washington District of Columbia DC 20017 2017 N/A 71,430 SF
Loan 13, 19 17 12900 I Street N/A N/A 12900 I Street Omaha Douglas NE 68137 1958 N/A 607,375 SF
Loan   18 ASM America HQ N/A N/A 3420-3440 East University Drive Phoenix Maricopa AZ 85034 1997 N/A 130,282 SF
Loan 20 19 Chapel Lakes N/A N/A 100 Chapel Lakes Drive Wetumpka Elmore AL 36092 2005 N/A 152 Units
Loan   20 Candlewood Apartments & Country Villas N/A N/A 5958-5982, 5938-5956, 5928-5936, 5912-5926, 5902-5910, 5901-5915, 5919-5931, 5933-5947 Oak River Drive and 8401 Aiken Court Tampa Hillsborough FL 33615 1981-1983 N/A 211 Units
Loan   21 El Paseo N/A N/A 808, 812-814 State Street; 813-819 Anacapa Street; 23-25 East De La Guerra Street; 1-38 and 101-129 El Paseo Santa Barbara Santa Barbara CA 93101 1922 1997 57,687 SF
Loan   22 Olin Technology Administration Center N/A N/A 604 Highway 332 Lake Jackson Brazoria TX 77566 1977 2020 62,500 SF
Loan 6 23 North Austin Portfolio                   82,002 SF
Property   23.01 Cold Springs Marketplace N/A N/A 15609 Ronald Wilson Reagan Boulevard Leander Williamson TX 78641 2016 N/A 52,278 SF
Property   23.02 Old Settlers Market N/A N/A 1400 East Old Settlers Boulevard Round Rock Williamson TX 78664 2006 N/A 29,724 SF
Loan 18 24 Towne House Village North Owners, Inc. N/A N/A 700 Blydenburgh Road Hauppauge Suffolk NY 11788 1970 2018 167 Units
Loan   25 2 Boston Post Road N/A N/A 2 Boston Post Road Orange New Haven CT 06477 1993 2020 137,670 SF
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX                   43,020 SF
Property   26.01 2389 East Windmill N/A N/A 2389 East Windmill Lane Las Vegas Clark NV 89123 1998 2015 13,821 SF
Property   26.02 12601 Tech Ridge Boulevard N/A N/A 12601 Tech Ridge Boulevard Austin Travis TX 78753 2005 N/A 14,717 SF
Property   26.03 850 43rd Avenue Southwest N/A N/A 850 43rd Avenue Southwest Vero Beach Indian River FL 32968 2006 N/A 14,482 SF
Loan 18 27 Valerie Arms Apartment Corp. N/A N/A 54-40 and 54-44 Little Neck Parkway Little Neck Queens NY 11362 1962 2014 252 Units
Loan 18 28 Blossom Gardens Apartments, Inc. N/A N/A 134-30 Franklin Avenue, 134-34 Franklin Avenue, 134-33 Blossom Avenue, and 134-39 Blossom Avenue Flushing Queens NY 11355 1951 1998 184 Units
Loan   29 Extra Space Storage - Lompoc, CA N/A N/A 2225 Briar Creek Way Lompoc Santa Barbara CA 93436 2015 N/A 67,000 SF
Loan   30 A Storage Place – Fort Collins N/A N/A 232 East County Road 30 Loveland Larimer CO 80538 1997 2007 122,250 SF
Loan   31 Foley Cubesmart N/A N/A 3521 South McKenzie Street Foley Baldwin AL 36535 2019 N/A 69,250 SF
Loan   32 Lowe’s Cromwell N/A N/A 90 Berlin Road Cromwell Middlesex CT 06416 2009 N/A 124,691 SF
Loan 6, 21 33 CVS-Walgreens Portfolio                   25,398 SF
Property   33.01 Walgreens N/A N/A 100 Admiral Weinel Boulevard Columbia Monroe IL 62236 2003 N/A 14,490 SF
Property   33.02 CVS N/A N/A 6217 Silver Star Road Orlando Orange FL 32808 1997 N/A 10,908 SF
Loan   34 Winding Way Apartments N/A N/A 5801 Winding Way Carmichael Sacramento CA 95608 1966 N/A 73 Units
Loan 22 35 Yuba City 99 Self Storage N/A N/A 1268 Stewart Road Yuba City Sutter CA 95991 2004 N/A 94,345 SF
Loan   36 Summer Haven MHP N/A N/A 650 Summerhaven Forney Kaufman TX 75126 1970 N/A 106 Pads
Loan   37 Lockaway Self Storage - Castro Valley, CA N/A N/A 8555 Dublin Canyon Road Castro Valley Alameda CA 94552 2007 N/A 83,930 SF
Loan   38 CVS Bartlesville OK N/A N/A 3711 Southeast Frank Phillips Boulevard Bartlesville Washington OK 74006 2014 N/A 13,225 SF
Loan   39 WAG - Aurora, CO N/A N/A 12011 East Iliff Avenue Aurora Arapahoe CO 80014 2007 N/A 14,121 SF
Loan   40 Woodland Park Self Storage, Sheridan, WY   N/A N/A 5211 Coffeen Avenue Sheridan Sheridan WY 82801 1991 N/A 122,838 SF
Loan 13 41 Holiday Acres MHP N/A N/A 2701 Leary Lane Victoria Victoria TX 77901 1971 N/A 137 Pads
Loan 8 42 52 Ludlow Street N/A N/A 52 Ludlow Street New York New York NY 10002 1910 2017-2019 10 Units

 

 

A-1-5

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Ground Lease
Initial Lease
Expiration Date		 Hotel Franchise Agreement Expiration Date Address City County State Zip Code Year Built Year Renovated Size Units of
Measure
Loan   43 Stuff Ur Storage Henderson, NV N/A N/A 651 Eastgate Road Henderson Clark NV 89011 1989 N/A 91,010 SF
Loan 23 44 16680 Valley View Avenue Data Center N/A N/A 16680 Valley View Avenue La Mirada Los Angeles CA 90638 1982; 2007 2019 16,529 SF
Loan 18 45 Tee-Lex Operating Inc. N/A N/A 288 Lexington Avenue New York New York NY 10016 1955 2000 95 Units
Loan 18 46 30 Clinton Place Owners, Inc. N/A N/A 30 Clinton Place New Rochelle Westchester NY 10801 1938 1999 51 Units
Loan   47 Gold Creek Apartments N/A N/A 2150 Benita Drive Rancho Cordova Sacramento CA 95670 1975 N/A 70 Units
Loan   48 Storelocal  - Coeur d’Alene, ID N/A N/A 3628 West Industrial Loop & 3655 North Cederblom Street Coeur d’Alene Kootenai ID 83815 1980, 1991 N/A 63,577 SF
Loan 18 49 Larchmont Gables Apartment Corp. N/A N/A 1440-1456 Boston Post Road Larchmont Westchester NY 10538 1924 2000 48 Units
Loan 13, 18 50 305 Equities Corp. N/A N/A 303-307 West 86th Street New York New York NY 10024 1926 2006 48 Units
Loan   51 Glenview Mobile Lodge Community N/A N/A 13445 Hwy 8 Business (aka 13445 I-8BL) El Cajon San Diego CA 92021 1950 N/A 51 Pads
Loan 18 52 511 West 232nd Owners Corp. N/A N/A 511 West 232nd Street Bronx Bronx NY 10463 1938 2015 66 Units
Loan 18 53 Shore Lane Arms Owners Corp. N/A N/A 9801 Shore Road Brooklyn Kings NY 11209 1954 2005 98 Units
Loan 8, 13 54 69 Meserole Avenue N/A N/A 69 Meserole Avenue Brooklyn Kings NY 11222 1928 N/A 8 Units
Loan 18 55 267 W. 89 Owners Corp. N/A N/A 267 West 89th Street New York New York NY 10024 1910 2000 32 Units
Loan 18 56 169 Spring Owners Corp. N/A N/A 165/169 Spring Street a/k/a 408/410 West Broadway New York New York NY 10027 1882 2008 12 Units
Loan 18 57 14 Jay Street Owners Corp. N/A N/A 14 Jay Street New York New York NY 10013 1882 2014 7 Units
Loan 18 58 327-329 4th St. Owners Corp. N/A N/A 327-329 4th Street Brooklyn Kings NY 11215 1920 2013 9 Units
Loan 18 59 210 Equities Corp. N/A N/A 210 West 21st Street New York New York NY 10011 1902 2005 28 Units
Loan 18 60 39-75 56th Street Owners Corp. N/A N/A 39-75 56th Street Woodside Queens NY 11377 1928 1995 53 Units
Loan   61 Squaw Valley Mobile Home Community N/A N/A 33501 South Ta Do Hoya Trail Black Canyon City Yavapai AZ 85324 1974 N/A 49 Pads
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. N/A N/A Jericho Turnpike Woodbury Nassau NY 11797 1999 1999 214 Units
Loan 18 63 Parkway Owners Inc. N/A N/A 1910 Pelham Parkway South Bronx Bronx NY 10461 1963 2001 51 Units
Loan 18 64 91 Tenants Corp. N/A N/A 114 East 91st Street New York New York NY 10128 1890 2000 8 Units

 

 

A-1-6

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Occupancy Rate(2) Occupancy Rate
As-of Date 		Appraised
Value 		Appraised Value
As-of Date 		  Mortgage
Rate 		Administrative
Fee Rate(3)		 Master Servicing
Fee Rate		 Primary Servicing
Fee Rate		 Pari Passu
Loan Primary Servicing
Fee Rate		 Trustee
Fee Rate		 Trust Advisor
Fee Rate		 Asset Representations Reviewer Fee Rate CREFC
Fee Rate		 Interest
Accrual  
Basis 		Seasoning
(mos.)		 ARD
(Yes/No) 		Original Term
to Maturity (mos.) 		Remaining Term
to Maturity (mos.)		 Original
Interest-Only
Period (mos.)
Loan 5, 9 1 Pathline Park 9 & 10 100.0% 3/1/2021 $251,000,000 6/1/2021   2.5020% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan 5, 10 2 Miami Design District 88.5% 9/1/2020 $856,000,000 3/1/2020   4.1325% 0.01576% 0.00250% 0.00000% 0.00250% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 12 No 120 108 120
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio 94.3%   $186,530,000     3.3255% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Property   3.01 Houston - Katy Fwy 94.0% 2/1/2021 $17,800,000 1/12/2021                                
Property   3.02 Santa Maria - Skyway Dr 90.7% 2/1/2021 $14,160,000 1/12/2021                                
Property   3.03 Redlands – Alabama St 96.6% 2/1/2021 $13,950,000 1/12/2021                                
Property   3.04 Sacramento - Franklin Blvd 96.9% 2/1/2021 $14,380,000 1/13/2021                                
Property   3.05 Dallas - Northwest Hwy 91.3% 2/1/2021 $10,980,000 1/15/2021                                
Property   3.06 Sacramento - 5051 Perry Ave 95.9% 2/1/2021 $12,420,000 1/13/2021                                
Property   3.07 Chicago - 95th St 91.5% 2/1/2021 $9,900,000 1/15/2021                                
Property   3.08 Chicago - West Addison 93.3% 2/1/2021 $11,650,000 1/13/2021                                
Property   3.09 Tracy - 787 E 11th St 97.0% 2/1/2021 $11,160,000 1/12/2021                                
Property   3.10 Tracy - 780 E 11th St 99.2% 2/1/2021 $10,840,000 1/12/2021                                
Property   3.11 Fredericksburg - 5219 Plank Rd 95.3% 2/1/2021 $9,360,000 1/14/2021                                
Property   3.12 North Aurora - Lincolnway 92.7% 2/1/2021 $9,100,000 1/15/2021                                
Property   3.13 Spring - I-45 North 94.7% 2/1/2021 $8,400,000 1/14/2021                                
Property   3.14 Chicago - Pulaski Rd 94.9% 2/1/2021 $9,500,000 1/15/2021                                
Property   3.15 El Paso - Desert Blvd 96.3% 2/1/2021 $6,300,000 1/11/2021                                
Property   3.16 Mt Pleasant - Bowman Rd 92.8% 2/1/2021 $5,390,000 1/15/2021                                
Loan 5, 8 4 605 Third Avenue 97.2% 10/1/2020 $685,000,000 11/1/2020   1.9375% 0.01576% 0.00250% 0.00000% 0.00250% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 3 No 120 117 120
Loan 12 5 530 Seventh Avenue Fee 100.0% 12/1/2020 $141,000,000 1/20/2021   2.3600% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 6 6 ExchangeRight Net Leased Portfolio #43 100.0%   $61,530,000     3.2530% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Property   6.01 Lowe’s - Dalton (Cleveland), GA 100.0% 3/1/2021 $10,075,000 1/9/2021                                
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND 100.0% 3/1/2021 $5,550,000 1/10/2021                                
Property   6.03 Tractor Supply - Patterson (Rte-311), NY 100.0% 3/1/2021 $5,500,000 12/1/2020                                
Property   6.04 Walgreens (Grand) - Ames, IA 100.0% 3/1/2021 $5,200,000 1/9/2021                                
Property   6.05 Walgreens - Baltimore (Liberty), MD 100.0% 3/1/2021 $4,350,000 1/8/2021                                
Property   6.06 Walgreens - Independence (East 23rd), MO 100.0% 3/1/2021 $3,975,000 1/8/2021                                
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC 100.0% 3/1/2021 $3,970,000 1/11/2021                                
Property   6.08 Walgreens - Skokie (Skokie), IL 100.0% 3/1/2021 $3,900,000 1/10/2021                                
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN 100.0% 3/1/2021 $3,450,000 1/5/2021                                
Property   6.10 M&T Bank - Rochester (Latta), NY 100.0% 3/1/2021 $3,350,000 1/13/2021                                
Property   6.11 Fresenius Medical Care - Walker (Walker), LA 100.0% 3/1/2021 $3,000,000 1/7/2021                                
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN 100.0% 3/1/2021 $2,950,000 1/12/2021                                
Property   6.13 Sherwin Williams - Bloomington (Gates), IN 100.0% 3/1/2021 $2,250,000 1/5/2021                                
Property   6.14 Dollar Tree - Midland (Big Spring), TX 100.0% 3/1/2021 $2,010,000 1/9/2021                                
Property   6.15 Sherwin Williams - Hamilton (Walden), OH 100.0% 3/1/2021 $2,000,000 1/7/2021                                
Loan 5, 6, 7, 11 7 Boca Office Portfolio 90.4%   $155,900,000     4.0200% 0.01451% 0.00250% 0.00000% 0.00125% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 60 60 60
Property   7.01 Boardwalk @ 18th 91.8% 1/23/2021 $49,500,000 10/22/2020                                
Property   7.02 Fountains Center 84.5% 1/23/2021 $44,500,000 11/13/2020                                
Property   7.03 City National Park 97.4% 1/23/2021 $39,200,000 11/13/2020                                
Property   7.04 Grove Centre 90.8% 1/23/2021 $17,500,000 10/22/2020                                
Loan   8 Park Del Amo 89.1% 1/25/2021 $42,000,000 1/22/2021   2.8650% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 13 9 Lakeshore Business Center 82.6% 1/15/2021 $40,251,546 12/15/2020   3.9500% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 121 121 61
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio 94.2%   $38,270,000     3.8000% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 121 121 61
Property   10.01 Siegel Suites – San Antonio, TX 92.9% 2/1/2021 $11,720,000 10/20/2020                                
Property   10.02 Siegel Select – Albuquerque, NM 90.9% 2/1/2021 $12,250,000 10/22/2020                                
Property   10.03 Siegel Select – Bossier City, LA 97.5% 2/1/2021 $7,400,000 10/27/2020                                
Property   10.04 Siegel Suites – Holland, OH 100.0% 2/1/2021 $6,900,000 10/15/2020                                
Loan 7, 14, 15 11 250 Bedford Avenue 100.0% 1/1/2021 $36,300,000 12/2/2020   3.2650% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 2 No 120 118 120
Loan 6, 7 12 Lake Region Portfolio 90.8%   $30,750,000     3.4900% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Property   12.01 US Storage Centers - Duluth 94.2% 2/1/2021 $15,100,000 9/22/2020                                
Property   12.02 US Storage Centers - St. Paul 86.2% 2/1/2021 $9,150,000 9/21/2020                                
Property   12.03 US Storage Centers - Brainerd 90.1% 2/1/2021 $5,950,000 9/21/2020                                
Property   12.04 US Storage Centers - Pine Tree 99.3% 2/1/2021 $550,000 9/21/2020                                
Loan 7 13 Heath Town Center 97.6% 1/31/2021 $28,100,000 12/28/2020   3.9950% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 5, 7, 16, 17 14 McClellan Park 86.8% 9/15/2020 $595,000,000 9/15/2020   3.3090% 0.01451% 0.00250% 0.00000% 0.00125% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 3 No 120 117 120
Loan 8, 18 15 111 Fourth Avenue 100.0% 12/2/2020 $187,060,000 12/7/2020   2.7250% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 36
Loan   16 Extra Space Storage - DC 91.1% 12/31/2020 $21,350,000 12/14/2020   3.8500% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 24
Loan 13, 19 17 12900 I Street 100.0% 2/16/2021 $37,000,000 1/22/2021   4.6400% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 121 121 1
Loan   18 ASM America HQ 100.0% 3/1/2021 $30,200,000 12/18/2020   2.7800% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 96 95 96
Loan 20 19 Chapel Lakes 93.4% 11/23/2020 $18,100,000 11/13/2020   3.4840% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 0
Loan   20 Candlewood Apartments & Country Villas 96.7% 11/6/2020 $20,700,000 11/20/2020   3.5250% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan   21 El Paseo 93.6% 1/19/2021 $22,750,000 10/15/2020   3.4990% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 60
Loan   22 Olin Technology Administration Center 100.0% 3/1/2021 $19,200,000 12/28/2020   3.7850% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 6 23 North Austin Portfolio 93.3%   $22,300,000     3.6300% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 24
Property   23.01 Cold Springs Marketplace 89.5% 12/31/2020 $14,500,000 12/17/2020                                
Property   23.02 Old Settlers Market 100.0% 12/31/2020 $7,800,000 12/17/2020                                
Loan 18 24 Towne House Village North Owners, Inc. 95.0% 12/16/2020 $42,300,000 12/16/2020   3.1800% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan   25 2 Boston Post Road 100.0% 3/1/2021 $24,600,000 12/9/2020   3.5100% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX 100.0%   $14,400,000     3.6120% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 60
Property   26.01 2389 East Windmill 100.0% 3/1/2021 $5,250,000 2/3/2021                                
Property   26.02 12601 Tech Ridge Boulevard 100.0% 3/1/2021 $4,950,000 2/7/2021                                
Property   26.03 850 43rd Avenue Southwest 100.0% 3/1/2021 $4,200,000 2/4/2021                                
Loan 18 27 Valerie Arms Apartment Corp. 95.0% 12/22/2020 $58,400,000 12/22/2020   3.0900% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 0
Loan 18 28 Blossom Gardens Apartments, Inc. 96.1% 11/17/2020 $63,400,000 11/17/2020   3.2200% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 0
Loan   29 Extra Space Storage - Lompoc, CA 93.5% 1/31/2021 $12,880,000 1/12/2021   3.8520% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan   30 A Storage Place – Fort Collins 92.2% 12/23/2020 $11,500,000 1/7/2021   3.5320% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan   31 Foley Cubesmart 92.5% 12/31/2020 $10,900,000 12/7/2020   3.9700% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 36
Loan   32 Lowe’s Cromwell 100.0% 3/1/2021 $10,200,000 11/16/2020   4.0300% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 6, 21 33 CVS-Walgreens Portfolio 100.0%   $8,400,000     3.6850% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Property   33.01 Walgreens 100.0% 3/1/2021 $4,200,000 12/5/2020                                
Property   33.02 CVS 100.0% 3/1/2021 $4,200,000 11/21/2020                                
Loan   34 Winding Way Apartments 98.6% 12/31/2020 $10,100,000 11/24/2020   3.5350% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 22 35 Yuba City 99 Self Storage 95.5% 11/30/2020 $8,900,000 12/10/2020   3.1600% 0.07576% 0.00250% 0.06250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan   36 Summer Haven MHP 95.3% 2/4/2021 $7,550,000 12/16/2020   4.5550% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 36
Loan   37 Lockaway Self Storage - Castro Valley, CA 98.2% 2/9/2021 $10,760,000 10/7/2020   3.8900% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan   38 CVS Bartlesville OK 100.0% 3/1/2021 $8,200,000 12/6/2020   3.8200% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan   39 WAG - Aurora, CO 100.0% 3/1/2021 $7,600,000 11/24/2020   4.0840% 0.05576% 0.00250% 0.04250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 84 83 84
Loan   40 Woodland Park Self Storage, Sheridan, WY   95.8% 1/25/2021 $7,110,000 12/4/2020   3.1800% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan 13 41 Holiday Acres MHP 94.9% 2/5/2021 $6,210,000 12/13/2020   4.4700% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 121 121 25
Loan 8 42 52 Ludlow Street 100.0% 2/14/2021 $9,200,000 1/4/2021   3.3300% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120

 

 

A-1-7

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Occupancy Rate(2) Occupancy Rate
As-of Date 		Appraised
Value 		Appraised Value
As-of Date 		  Mortgage
Rate 		Administrative
Fee Rate(3)		 Master Servicing
Fee Rate		 Primary Servicing
Fee Rate		 Pari Passu
Loan Primary Servicing
Fee Rate		 Trustee
Fee Rate		 Trust Advisor
Fee Rate		 Asset Representations Reviewer Fee Rate CREFC
Fee Rate		 Interest
Accrual  
Basis 		Seasoning
(mos.)		 ARD
(Yes/No) 		Original Term
to Maturity (mos.) 		Remaining Term
to Maturity (mos.)		 Original
Interest-Only
Period (mos.)
Loan   43 Stuff Ur Storage Henderson, NV 93.0% 1/1/2021 $8,250,000 12/9/2020   3.6100% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan 23 44 16680 Valley View Avenue Data Center 100.0% 3/1/2021 $7,600,000 11/12/2020   4.0080% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 24
Loan 18 45 Tee-Lex Operating Inc. 94.8% 11/10/2020 $45,400,000 11/10/2020   3.1900% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 18 46 30 Clinton Place Owners, Inc. 95.2% 10/27/2020 $10,270,000 10/27/2020   3.2400% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan   47 Gold Creek Apartments 95.7% 12/31/2020 $7,800,000 11/24/2020   3.5350% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan   48 Storelocal  - Coeur d’Alene, ID 86.2% 12/31/2020 $5,700,000 12/18/2020   3.6500% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan 18 49 Larchmont Gables Apartment Corp. 93.0% 11/6/2020 $13,300,000 11/6/2020   3.2000% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 0
Loan 13, 18 50 305 Equities Corp. 95.3% 12/29/2020 $44,800,000 12/29/2020   2.9900% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 121 121 1
Loan   51 Glenview Mobile Lodge Community 100.0% 1/28/2021 4520000 12/15/2020   4.6900% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 18 52 511 West 232nd Owners Corp. 93.0% 1/5/2021 $17,250,000 1/5/2021   3.1200% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 0
Loan 18 53 Shore Lane Arms Owners Corp. 93.0% 9/1/2020 $39,730,000 9/1/2020   3.2700% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 0
Loan 8, 13 54 69 Meserole Avenue 100.0% 1/1/2021 $3,100,000 11/12/2020   4.1700% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 121 121 121
Loan 18 55 267 W. 89 Owners Corp. 95.2% 12/2/2020 $40,100,000 12/2/2020   3.2200% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120
Loan 18 56 169 Spring Owners Corp. 91.8% 8/10/2020 $56,620,000 8/10/2020   3.3600% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 0
Loan 18 57 14 Jay Street Owners Corp. 93.1% 12/8/2020 $19,900,000 12/8/2020   3.3600% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 120
Loan 18 58 327-329 4th St. Owners Corp. 93.0% 12/23/2020 $8,440,000 12/23/2020   3.4500% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 0
Loan 18 59 210 Equities Corp. 96.1% 11/16/2020 $26,930,000 11/16/2020   3.3500% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 0
Loan 18 60 39-75 56th Street Owners Corp. 93.0% 12/16/2020 $15,360,000 12/16/2020   3.3300% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 0
Loan   61 Squaw Valley Mobile Home Community 93.9% 2/12/2021 $2,300,000 12/29/2020   5.1100% 0.01576% 0.00250% 0.00250% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 36
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. 93.0% 10/27/2020 $101,100,000 10/27/2020   3.2900% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 1 No 120 119 0
Loan 18 63 Parkway Owners Inc. 93.0% 1/26/2021 $8,350,000 1/26/2021   3.3800% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 0
Loan 18 64 91 Tenants Corp. 94.0% 1/27/2021 $5,630,000 1/27/2021   3.3500% 0.09076% 0.08000% 0.00000% 0.00000% 0.00851% 0.00147% 0.00028% 0.00050% Actual/360 0 No 120 120 120

 

 

A-1-8

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Remaining
Interest-Only
Period (mos.) 		Original
Amortization
Term (mos.) 		Remaining
Amortization
Term (mos.) 		Note Date First
Payment
Date		 First P&I Payment
Date (Partial
IO Loans)		 Maturity
 Date		 ARD Loan
Final Maturity
Date		 Monthly
Debt Service
(P&I)		 Monthly
Debt Service
(IO)		 Annual Debt
Service
(P&I)		 Annual Debt
Service
(IO)		 Lockbox Type Cash Management Status Crossed With
Other Loans 		Related-Borrower Loans UW NOI
DSCR (P&I)		 UW NOI
DSCR (IO)		 UW NCF
DSCR (P&I)
Loan 5, 9 1 Pathline Park 9 & 10 119 0 0 2/2/2021 3/11/2021 N/A 2/11/2031 N/A $0.00 $190,256.25 $0.00 $2,283,075.00 Hard Springing No N/A N/A 4.03x N/A
Loan 5, 10 2 Miami Design District 108 0 0 2/28/2020 4/1/2020 N/A 3/1/2030 N/A $0.00 $314,242.19 $0.00 $3,770,906.28 Hard Springing No N/A N/A 2.21x N/A
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio 120 0 0 3/1/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $252,876.56 $0.00 $3,034,518.72 Springing Springing No N/A N/A 2.61x N/A
Property   3.01 Houston - Katy Fwy                                      
Property   3.02 Santa Maria - Skyway Dr                                      
Property   3.03 Redlands – Alabama St                                      
Property   3.04 Sacramento - Franklin Blvd                                      
Property   3.05 Dallas - Northwest Hwy                                      
Property   3.06 Sacramento - 5051 Perry Ave                                      
Property   3.07 Chicago - 95th St                                      
Property   3.08 Chicago - West Addison                                      
Property   3.09 Tracy - 787 E 11th St                                      
Property   3.10 Tracy - 780 E 11th St                                      
Property   3.11 Fredericksburg - 5219 Plank Rd                                      
Property   3.12 North Aurora - Lincolnway                                      
Property   3.13 Spring - I-45 North                                      
Property   3.14 Chicago - Pulaski Rd                                      
Property   3.15 El Paso - Desert Blvd                                      
Property   3.16 Mt Pleasant - Bowman Rd                                      
Loan 5, 8 4 605 Third Avenue 117 0 0 11/20/2020 1/5/2021 N/A 12/5/2030 N/A $0.00 $116,228.78 $0.00 $1,394,745.36 Hard Springing No N/A N/A 7.08x N/A
Loan 12 5 530 Seventh Avenue Fee 120 0 0 2/26/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $109,668.98 $0.00 $1,316,027.76 Springing Springing No N/A N/A 3.97x N/A
Loan 6 6 ExchangeRight Net Leased Portfolio #43 120 0 0 2/9/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $104,827.17 $0.00 $1,257,926.04 Hard Springing No N/A N/A 2.72x N/A
Property   6.01 Lowe’s - Dalton (Cleveland), GA                                      
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND                                      
Property   6.03 Tractor Supply - Patterson (Rte-311), NY                                      
Property   6.04 Walgreens (Grand) - Ames, IA                                      
Property   6.05 Walgreens - Baltimore (Liberty), MD                                      
Property   6.06 Walgreens - Independence (East 23rd), MO                                      
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC                                      
Property   6.08 Walgreens - Skokie (Skokie), IL                                      
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN                                      
Property   6.10 M&T Bank - Rochester (Latta), NY                                      
Property   6.11 Fresenius Medical Care - Walker (Walker), LA                                      
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN                                      
Property   6.13 Sherwin Williams - Bloomington (Gates), IN                                      
Property   6.14 Dollar Tree - Midland (Big Spring), TX                                      
Property   6.15 Sherwin Williams - Hamilton (Walden), OH                                      
Loan 5, 6, 7, 11 7 Boca Office Portfolio 60 0 0 2/17/2021 4/6/2021 N/A 3/6/2026 N/A $0.00 $100,876.88 $0.00 $1,210,522.56 Soft Springing No N/A N/A 2.59x N/A
Property   7.01 Boardwalk @ 18th                                      
Property   7.02 Fountains Center                                      
Property   7.03 City National Park                                      
Property   7.04 Grove Centre                                      
Loan   8 Park Del Amo 120 0 0 3/1/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $68,117.36 $0.00 $817,408.32 Hard Springing No N/A N/A 4.17x N/A
Loan 13 9 Lakeshore Business Center 61 360 360 3/3/2021 4/1/2021 5/1/2026 4/1/2031 N/A $119,108.85 $83,768.34 1,429,306.20 $1,005,220.08 Springing Springing No N/A 1.92x 2.73x 1.66x
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio 61 360 360 3/4/2021 4/1/2021 5/1/2026 4/1/2031 N/A $100,180.83 $69,028.94 1,202,169.96 $828,347.28 Springing Springing No N/A 2.65x 3.85x 2.50x
Property   10.01 Siegel Suites – San Antonio, TX                                      
Property   10.02 Siegel Select – Albuquerque, NM                                      
Property   10.03 Siegel Select – Bossier City, LA                                      
Property   10.04 Siegel Suites – Holland, OH                                      
Loan 7, 14, 15 11 250 Bedford Avenue 118 0 0 12/23/2020 2/1/2021 N/A 1/1/2031 N/A $0.00 $55,172.45 $0.00 $662,069.40 Hard Springing No N/A N/A 2.66x N/A
Loan 6, 7 12 Lake Region Portfolio 119 0 0 2/4/2021 3/11/2021 N/A 2/11/2031 N/A $0.00 $55,141.19 $0.00 $661,694.28 Springing Springing No N/A N/A 2.95x N/A
Property   12.01 US Storage Centers - Duluth                                      
Property   12.02 US Storage Centers - St. Paul                                      
Property   12.03 US Storage Centers - Brainerd                                      
Property   12.04 US Storage Centers - Pine Tree                                      
Loan 7 13 Heath Town Center 120 0 0 2/4/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $56,706.81 $0.00 $680,481.72 Springing Springing No N/A N/A 2.18x N/A
Loan 5, 7, 16, 17 14 McClellan Park 117 0 0 11/13/2020 1/11/2021 N/A 12/11/2030 N/A $0.00 $46,410.26 $0.00 $556,923.12 Hard Springing No N/A N/A 3.13x N/A
Loan 8, 18 15 111 Fourth Avenue 35 360 360 1/26/2021 3/1/2021 3/1/2024 2/1/2031 N/A $61,037.73 $34,535.59 732,452.76 $414,427.08 N/A N/A No N/A 3.92x 6.94x 3.86x
Loan   16 Extra Space Storage - DC 23 360 360 2/4/2021 3/11/2021 3/11/2023 2/11/2031 N/A $67,977.19 $47,166.96 815,726.28 $566,003.52 Springing Springing No N/A 1.43x 2.06x 1.42x
Loan 13, 19 17 12900 I Street 1 360 360 3/4/2021 4/1/2021 5/1/2021 4/1/2031 N/A $72,105.27 $54,885.19 865,263.24 $658,622.28 Springing Springing No N/A 3.23x 4.24x 2.84x
Loan   18 ASM America HQ 95 0 0 1/28/2021 3/1/2021 N/A 2/1/2029 N/A $0.00 $30,182.63 $0.00 $362,191.56 Hard In Place No N/A N/A 3.93x N/A
Loan 20 19 Chapel Lakes 0 360 359 2/3/2021 3/11/2021 N/A 2/11/2031 N/A $56,467.16 $0.00 677,605.92 $0 Soft Springing No N/A 1.54x N/A 1.48x
Loan   20 Candlewood Apartments & Country Villas 119 0 0 1/28/2021 3/1/2021 N/A 2/1/2031 N/A $0.00 $37,228.73 $0.00 $446,744.76 Springing Springing No N/A N/A 2.73x N/A
Loan   21 El Paseo 59 360 360 2/9/2021 3/11/2021 3/11/2026 2/11/2031 N/A $53,878.66 $35,475.97 646,543.92 $425,711.64 Soft Springing No N/A 2.55x 3.87x 2.44x
Loan   22 Olin Technology Administration Center 120 0 0 2/18/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $37,416.30 $0.00 $448,995.60 Hard Springing No N/A N/A 2.56x N/A
Loan 6 23 North Austin Portfolio 23 360 360 1/25/2021 3/1/2021 3/1/2023 2/1/2031 N/A $52,478.27 $35,270.66 629,739.24 $423,247.92 Springing Springing No N/A 2.53x 3.76x 2.34x
Property   23.01 Cold Springs Marketplace                                      
Property   23.02 Old Settlers Market                                      
Loan 18 24 Towne House Village North Owners, Inc. 120 0 0 2/19/2021 4/1/2021 N/A 3/1/2031 N/A 0 $28,695.08 $0.00 $344,340.96 N/A N/A No N/A N/A 8.00x N/A
Loan   25 2 Boston Post Road 120 0 0 2/26/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $29,656.25 $0.00 $355,875.00 Hard Springing No N/A N/A 3.37x N/A
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX 60 360 360 2/23/2021 4/11/2021 4/11/2026 3/11/2031 N/A $44,507.52 $29,831.40 534,090.24 $357,976.80 Soft Springing No N/A 1.39x 2.07x 1.38x
Property   26.01 2389 East Windmill                                      
Property   26.02 12601 Tech Ridge Boulevard                                      
Property   26.03 850 43rd Avenue Southwest                                      
Loan 18 27 Valerie Arms Apartment Corp. 0 360 360 2/26/2021 4/1/2021 N/A 3/1/2031 N/A $38,382.61 0 460,591.32 $0 N/A N/A No N/A 5.56x N/A 5.50x
Loan 18 28 Blossom Gardens Apartments, Inc. 0 480 479 1/27/2021 3/1/2021 N/A 2/1/2031 N/A $27,808.41 0 333,700.92 $0 N/A N/A No N/A 6.35x N/A 6.21x
Loan   29 Extra Space Storage - Lompoc, CA 120 0 0 2/26/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $23,595.73 $0.00 $283,148.76 Springing Springing No N/A N/A 2.32x N/A
Loan   30 A Storage Place – Fort Collins 120 0 0 2/16/2021 4/11/2021 N/A 3/11/2031 N/A $0.00 $20,889.49 $0.00 $250,673.88 Springing Springing No N/A N/A 2.47x N/A
Loan   31 Foley Cubesmart 35 360 360 1/27/2021 3/1/2021 3/1/2024 2/1/2031 N/A $33,298.12 $23,479.98 399,577.44 $281,759.76 Springing Springing No N/A 1.44x 2.04x 1.42x
Loan   32 Lowe’s Cromwell 120 0 0 2/26/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $21,791.85 $0.00 $261,502.20 Springing Springing No N/A N/A 2.24x N/A
Loan 6, 21 33 CVS-Walgreens Portfolio 119 0 0 1/19/2021 3/1/2021 N/A 2/1/2031 N/A $0.00 $15,598.55 $0.00 $187,182.60 Springing Springing No N/A N/A 2.47x N/A
Property   33.01 Walgreens                                      
Property   33.02 CVS                                      
Loan   34 Winding Way Apartments 120 0 0 2/18/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $14,933.74 $0.00 $179,204.88 Springing Springing No Group 2 N/A 2.81x N/A
Loan 22 35 Yuba City 99 Self Storage 120 0 0 2/12/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $13,349.54 $0.00 $160,194.48 Springing Springing No N/A N/A 3.81x N/A
Loan   36 Summer Haven MHP 36 360 360 2/26/2021 4/1/2021 4/1/2024 3/1/2031 N/A $25,497.93 $19,242.77 305,975.16 $230,913.24 Springing Springing No Group 1 1.36x 1.80x 1.34x
Loan   37 Lockaway Self Storage - Castro Valley, CA 120 0 0 2/25/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $15,685.40 $0.00 $188,224.80 Springing Springing No N/A N/A 2.86x N/A
Loan   38 CVS Bartlesville OK 119 0 0 1/26/2021 3/1/2021 N/A 2/1/2031 N/A $0.00 $15,169.47 $0.00 $182,033.64 Springing Springing No N/A N/A 2.37x N/A
Loan   39 WAG - Aurora, CO 83 0 0 2/5/2021 3/11/2021 N/A 2/11/2028 N/A $0.00 $16,217.83 $0.00 $194,613.96 Springing Springing No N/A N/A 2.04x N/A
Loan   40 Woodland Park Self Storage, Sheridan, WY   119 0 0 1/28/2021 3/1/2021 N/A 2/1/2031 N/A $0.00 $12,312.29 $0.00 $147,747.48 Springing Springing No N/A N/A 3.40x N/A
Loan 13 41 Holiday Acres MHP 25 360 360 3/3/2021 4/1/2021 5/1/2023 4/1/2031 N/A $22,872.17 $17,108.61 274,466.04 $205,303.32 Springing Springing No Group 1 1.35x 1.80x 1.32x
Loan 8 42 52 Ludlow Street 120 0 0 2/23/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $12,660.94 $0.00 $151,931.28 Springing Springing No N/A N/A 2.83x N/A

 

 

A-1-9

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Remaining
Interest-Only
Period (mos.) 		Original
Amortization
Term (mos.) 		Remaining
Amortization
Term (mos.) 		Note Date First
Payment
Date		 First P&I Payment
Date (Partial
IO Loans)		 Maturity
 Date		 ARD Loan
Final Maturity
Date		 Monthly
Debt Service
(P&I)		 Monthly
Debt Service
(IO)		 Annual Debt
Service
(P&I)		 Annual Debt
Service
(IO)		 Lockbox Type Cash Management Status Crossed With
Other Loans 		Related-Borrower Loans UW NOI
DSCR (P&I)		 UW NOI
DSCR (IO)		 UW NCF
DSCR (P&I)
Loan   43 Stuff Ur Storage Henderson, NV 119 0 0 1/20/2021 3/1/2021 N/A 2/1/2031 N/A $0.00 $13,496.76 $0.00 $161,961.12 Springing Springing No N/A N/A 2.69x N/A
Loan 23 44 16680 Valley View Avenue Data Center 23 360 360 1/8/2021 3/1/2021 3/1/2023 2/1/2031 N/A $19,831.88 $14,053.51 237,982.56 $168,642.12 Hard In Place No N/A 1.65x 2.33x 1.57x
Loan 18 45 Tee-Lex Operating Inc. 120 0 0 2/23/2021 4/1/2021 N/A 3/1/2031 N/A 0 $10,781.02 $0.00 $129,372.24 N/A N/A No N/A N/A 9.46x N/A
Loan 18 46 30 Clinton Place Owners, Inc. 119 0 0 1/28/2021 3/1/2021 N/A 2/1/2031 N/A 0 $10,950.00 $0.00 $131,400.00 N/A N/A No N/A N/A 5.04x N/A
Loan   47 Gold Creek Apartments 120 0 0 2/18/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $11,050.97 $0.00 $132,611.64 Springing Springing No Group 2 N/A 3.00x N/A
Loan   48 Storelocal  - Coeur d’Alene, ID 119 0 0 1/22/2021 3/1/2021 N/A 2/1/2031 N/A $0.00 $11,410.47 $0.00 $136,925.64 Springing Springing No N/A N/A 2.90x N/A
Loan 18 49 Larchmont Gables Apartment Corp. 0 360 359 1/29/2021 3/1/2021 N/A 2/1/2031 N/A $14,703.87 0 176,446.44 $0 N/A N/A No N/A 4.87x N/A 4.80x
Loan 13, 18 50 305 Equities Corp. 1 360 360 3/4/2021 4/1/2021 5/1/2021 4/1/2031 N/A $12,210.88 $7,326.19 146,530.56 $87,914.28 N/A N/A No N/A 4.43x 7.38x 4.32x
Loan   51 Glenview Mobile Lodge Community 120 0 0 2/10/2021 4/1/2021 N/A 3/1/2031 N/A $0.00 $11,293.45 $0.00 $135,521.40 Springing Springing No N/A N/A 1.90x N/A
Loan 18 52 511 West 232nd Owners Corp. 0 360 360 2/26/2021 4/1/2021 N/A 3/1/2031 N/A $10,702.59 0 128,431.08 $0 N/A N/A No N/A 7.04x N/A 6.91x
Loan 18 53 Shore Lane Arms Owners Corp. 0 360 359 1/29/2021 3/1/2021 N/A 2/1/2031 N/A $10,253.16 0 123,037.92 $0 N/A N/A No N/A 9.69x N/A 9.45x
Loan 8, 13 54 69 Meserole Avenue 121 0 0 3/3/2021 4/1/2021 N/A 4/1/2031 N/A $0.00 $7,222.69 $0.00 $86,672.28 Springing Springing No N/A N/A 1.73x N/A
Loan 18 55 267 W. 89 Owners Corp. 120 0 0 2/24/2021 4/1/2021 N/A 3/1/2031 N/A 0 $5,441.20 $0.00 $65,294.40 N/A N/A No N/A N/A 16.35x N/A
Loan 18 56 169 Spring Owners Corp. 0 360 360 2/24/2021 4/1/2021 N/A 3/1/2031 N/A $7,942.79 0 95,313.48 $0 N/A N/A No N/A 20.97x N/A 20.74x
Loan 18 57 14 Jay Street Owners Corp. 119 0 0 1/28/2021 3/1/2021 N/A 2/1/2031 N/A 0 $5,110.00 $0.00 $61,320.00 N/A N/A No N/A N/A 6.73x N/A
Loan 18 58 327-329 4th St. Owners Corp. 0 480 480 2/11/2021 4/1/2021 N/A 3/1/2031 N/A $6,150.37 0 73,804.44 $0 N/A N/A No N/A 3.95x N/A 3.87x
Loan 18 59 210 Equities Corp. 0 360 359 1/26/2021 3/1/2021 N/A 2/1/2031 N/A $6,610.70 0 79,328.40 $0 N/A N/A No N/A 10.91x N/A 10.82x
Loan 18 60 39-75 56th Street Owners Corp. 0 480 480 2/23/2021 4/1/2021 N/A 3/1/2031 N/A $5,658.92 0 67,907.04 $0 N/A N/A No N/A 9.31x N/A 8.91x
Loan   61 Squaw Valley Mobile Home Community 36 360 360 3/1/2021 4/1/2021 4/1/2024 3/1/2031 N/A $7,474.01 $5,936.53 89,688.12 $71,238.36 Springing Springing No N/A 2.11x 2.66x 2.08x
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. 0 360 359 1/29/2021 3/1/2021 N/A 2/1/2031 N/A $5,686.26 0 68,235.12 $0 N/A N/A No N/A 84.67x N/A 83.82x
Loan 18 63 Parkway Owners Inc. 0 120 120 2/25/2021 4/1/2021 N/A 3/1/2031 N/A $11,798.97 0 141,587.64 $0 N/A N/A No N/A 4.27x N/A 4.18x
Loan 18 64 91 Tenants Corp. 120 0 0 3/1/2021 4/1/2021 N/A 3/1/2031 N/A 0 $2,830.44 $0.00 $33,965.28 N/A N/A No N/A N/A 4.80x N/A

 

 

A-1-10

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name UW NCF
DSCR (IO)		 Cut-Off Date
LTV Ratio		 Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)		 Grace Period to Default
(Days)		 Due Date Prepayment Provisions
(No. of Payments)		 YM
Formula		   Third Most
Recent Revenues		 Third Most
Recent Expenses		 Third Most
Recent NOI 		Third
Most Recent
NOI Date 		Third Most
Recent NOI
Debt Yield		 Second Most
 Recent Revenues
Loan 5, 9 1 Pathline Park 9 & 10 3.87x 51.8% 51.8% 0 0 Eleventh LO(24);YM1(1);DEF/YM1(90);O(5) A   N/A N/A N/A N/A N/A N/A
Loan 5, 10 2 Miami Design District 2.14x 46.7% 46.7% 5 2 (Once per year) First LO(36);DEF(77);O(7)     $48,127,178 $15,993,554 $32,133,624 12/31/2018 8.0% $50,574,148
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio 2.56x 57.9% 57.9% 0 4 First LO(24);DEF(89);O(7)     $15,563,330 $5,542,951 $10,020,379 12/31/2018 9.3% $15,904,514
Property   3.01 Houston - Katy Fwy                   $1,761,436 $672,308 $1,089,128 12/31/2018   $1,815,681
Property   3.02 Santa Maria - Skyway Dr                   $1,153,137 $280,073 $873,064 12/31/2018   $1,166,982
Property   3.03 Redlands – Alabama St                   $1,043,698 $345,215 $698,483 12/31/2018   $1,117,187
Property   3.04 Sacramento - Franklin Blvd                   $1,141,018 $269,072 $871,946 12/31/2018   $1,177,136
Property   3.05 Dallas - Northwest Hwy                   $940,977 $338,517 $602,460 12/31/2018   $992,831
Property   3.06 Sacramento - 5051 Perry Ave                   $958,316 $273,758 $684,558 12/31/2018   $981,015
Property   3.07 Chicago - 95th St                   $1,150,034 $568,753 $581,281 12/31/2018   $1,177,812
Property   3.08 Chicago - West Addison                   $1,082,375 $624,619 $457,756 12/31/2018   $1,140,522
Property   3.09 Tracy - 787 E 11th St                   $907,092 $218,602 $688,490 12/31/2018   $916,675
Property   3.10 Tracy - 780 E 11th St                   $882,618 $223,230 $659,388 12/31/2018   $884,644
Property   3.11 Fredericksburg - 5219 Plank Rd                   $883,235 $242,161 $641,074 12/31/2018   $808,004
Property   3.12 North Aurora - Lincolnway                   $792,067 $279,369 $512,698 12/31/2018   $789,728
Property   3.13 Spring - I-45 North                   $860,010 $306,223 $553,787 12/31/2018   $824,994
Property   3.14 Chicago - Pulaski Rd                   $910,189 $480,205 $429,984 12/31/2018   $959,207
Property   3.15 El Paso - Desert Blvd                   $576,981 $245,107 $331,874 12/31/2018   $611,793
Property   3.16 Mt Pleasant - Bowman Rd                   $520,147 $175,739 $344,408 12/31/2018   $540,303
Loan 5, 8 4 605 Third Avenue 6.61x 33.7% 33.7% 10 days once per calendar year 2 Fifth YM1(27);DEF/YM1(86);O(7) B   $45,432,848 $34,634,376 $10,798,472 12/31/2018 4.7% $43,952,489
Loan 12 5 530 Seventh Avenue Fee 3.97x 39.0% 39.0% 0 5 First LO(24);DEF(89);O(7)     $4,785,000 $0 $4,785,000 12/31/2018 8.7% $4,785,000
Loan 6 6 ExchangeRight Net Leased Portfolio #43 2.66x 62.0% 62.0% 5 5 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A
Property   6.01 Lowe’s - Dalton (Cleveland), GA                   N/A N/A N/A N/A   N/A
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND                   N/A N/A N/A N/A   N/A
Property   6.03 Tractor Supply - Patterson (Rte-311), NY                   N/A N/A N/A N/A   N/A
Property   6.04 Walgreens (Grand) - Ames, IA                   N/A N/A N/A N/A   N/A
Property   6.05 Walgreens - Baltimore (Liberty), MD                   N/A N/A N/A N/A   N/A
Property   6.06 Walgreens - Independence (East 23rd), MO                   N/A N/A N/A N/A   N/A
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC                   N/A N/A N/A N/A   N/A
Property   6.08 Walgreens - Skokie (Skokie), IL                   N/A N/A N/A N/A   N/A
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN                   N/A N/A N/A N/A   N/A
Property   6.10 M&T Bank - Rochester (Latta), NY                   N/A N/A N/A N/A   N/A
Property   6.11 Fresenius Medical Care - Walker (Walker), LA                   N/A N/A N/A N/A   N/A
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN                   N/A N/A N/A N/A   N/A
Property   6.13 Sherwin Williams - Bloomington (Gates), IN                   N/A N/A N/A N/A   N/A
Property   6.14 Dollar Tree - Midland (Big Spring), TX                   N/A N/A N/A N/A   N/A
Property   6.15 Sherwin Williams - Hamilton (Walden), OH                   N/A N/A N/A N/A   N/A
Loan 5, 6, 7, 11 7 Boca Office Portfolio 2.46x 63.5% 63.5% 0 0 Sixth LO(24);DEF(33);O(3)     $13,568,307 $5,056,153 $8,512,154 12/31/2018 8.6% $14,625,310
Property   7.01 Boardwalk @ 18th                   $3,984,565 $1,248,816 $2,735,749 12/31/2018   $4,494,033
Property   7.02 Fountains Center                   $4,595,137 $1,911,729 $2,683,408 12/31/2018   $4,608,760
Property   7.03 City National Park                   $3,526,454 $1,319,363 $2,207,091 12/31/2018   $3,987,812
Property   7.04 Grove Centre                   $1,462,151 $576,246 $885,905 12/31/2018   $1,534,705
Loan   8 Park Del Amo 3.62x 67.0% 67.0% 3 3 First LO(24);DEF(89);O(7)     $5,824,531 $2,512,174 $3,312,357 12/31/2018 11.8% $5,271,707
Loan 13 9 Lakeshore Business Center 2.36x 62.4% 56.6% 0 5 First LO(24);DEF(91);O(6)     $3,547,594 $1,589,072 $1,958,521 12/31/2018 7.8% $4,000,999
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio 3.63x 56.2% 50.9% 0 4 First LO(24);DEF(93);O(4)     N/A N/A N/A N/A N/A N/A
Property   10.01 Siegel Suites – San Antonio, TX                   N/A N/A N/A N/A   N/A
Property   10.02 Siegel Select – Albuquerque, NM                   N/A N/A N/A N/A   N/A
Property   10.03 Siegel Select – Bossier City, LA                   N/A N/A N/A N/A   N/A
Property   10.04 Siegel Suites – Holland, OH                   N/A N/A N/A N/A   N/A
Loan 7, 14, 15 11 250 Bedford Avenue 2.45x 55.1% 55.1% 0 5 First LO(26);DEF(90);O(4)     $1,802,345 $0 $1,802,345 12/31/2018 9.0% $1,900,652
Loan 6, 7 12 Lake Region Portfolio 2.88x 60.8% 60.8% 0 0 Eleventh LO(25);DEF(88);O(7)     $3,283,627 $1,154,435 $2,129,192 12/31/2018 11.4% $3,381,135
Property   12.01 US Storage Centers - Duluth                   $1,445,843 $518,366 $927,477 12/31/2018   $1,545,246
Property   12.02 US Storage Centers - St. Paul                   $1,184,857 $424,820 $760,037 12/31/2018   $1,173,105
Property   12.03 US Storage Centers - Brainerd                   $597,298 $202,591 $394,707 12/31/2018   $607,492
Property   12.04 US Storage Centers - Pine Tree                   $55,628 $8,658 $46,971 12/31/2018   $55,292
Loan 7 13 Heath Town Center 2.06x 59.8% 59.8% 5 5  First LO(24);DEF(91);O(5)     N/A N/A N/A N/A N/A N/A
Loan 5, 7, 16, 17 14 McClellan Park 2.90x 60.2% 60.2% 0 0 Eleventh YM(27);DEF/YM(86);O(7) C   $39,655,018 $14,730,525 $24,924,493 12/31/2018 7.0% $42,772,659
Loan 8, 18 15 111 Fourth Avenue 6.81x 8.0% 6.7% 0 5 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A
Loan   16 Extra Space Storage - DC 2.05x 67.9% 57.1% 0 0 Eleventh LO(25);YM1(91);O(4) D   $1,111,075 $426,514 $684,561 12/31/2018 4.7% $1,467,653
Loan 13, 19 17 12900 I Street 3.73x 37.8% 30.8% 0 5 First LO(24);DEF(92);O(5)     N/A N/A N/A N/A N/A N/A
Loan   18 ASM America HQ 3.61x 42.5% 42.5% 0 5 First LO(25);DEF(66);O(5)     $1,523,608 $15,779 $1,507,829 12/31/2018 11.7% $1,533,913
Loan 20 19 Chapel Lakes N/A 69.5% 54.4% 0 0 Eleventh LO(25);DEF(91);O(4)     $1,679,967 $732,662 $947,305 12/31/2018 7.5% $1,761,478
Loan   20 Candlewood Apartments & Country Villas 2.59x 60.4% 60.4% 0 5 First LO(25);DEF(91);O(4)     $2,045,063 $867,885 $1,177,178 12/31/2018 9.4% $2,070,879
Loan   21 El Paseo 3.70x 52.7% 47.5% 0 0 Eleventh LO(25);DEF(91);O(4)     $2,169,776 $633,656 $1,536,120 12/31/2018 12.8% $2,516,949
Loan   22 Olin Technology Administration Center 2.37x 60.9% 60.9% 0 5 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A
Loan 6 23 North Austin Portfolio 3.48x 51.6% 43.1% 5 5 First LO(25);DEF(90);O(5)     $1,542,763 $430,946 $1,111,816 12/31/2018 9.7% $1,941,124
Property   23.01 Cold Springs Marketplace                   $866,142 $271,671 $594,472 12/31/2018   $1,171,994
Property   23.02 Old Settlers Market                   $676,620 $159,276 $517,345 12/31/2018   $769,129
Loan 18 24 Towne House Village North Owners, Inc. 7.85x 25.2% 25.2% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan   25 2 Boston Post Road 3.20x 40.7% 40.7% 5 5 First LO(24);DEF(91);O(5)     N/A N/A N/A N/A N/A N/A
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX 2.06x 67.9% 61.3% 0 0 Eleventh LO(48);YM1(68);O(4) F   N/A N/A N/A N/A N/A N/A
Property   26.01 2389 East Windmill                   N/A N/A N/A N/A   N/A
Property   26.02 12601 Tech Ridge Boulevard                   N/A N/A N/A N/A   N/A
Property   26.03 850 43rd Avenue Southwest                   N/A N/A N/A N/A   N/A
Loan 18 27 Valerie Arms Apartment Corp. N/A 15.4% 11.9% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 28 Blossom Gardens Apartments, Inc. N/A 11.8% 10.2% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan   29 Extra Space Storage - Lompoc, CA 2.29x 56.3% 56.3% 5 4 First LO(24);DEF(92);O(4)     $771,034 $274,601 $496,433 12/31/2018 6.8% $865,131
Loan   30 A Storage Place – Fort Collins 2.42x 60.9% 60.9% 0 0 Eleventh LO(24);DEF(92);O(4)     $996,964 $456,427 $540,536 12/31/2018 7.7% $1,061,467
Loan   31 Foley Cubesmart 2.01x 64.2% 55.6% 5 5 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A
Loan   32 Lowe’s Cromwell 2.09x 62.7% 62.7% 5 5 First LO(24);DEF(92);O(4)     $660,000 $22,973 $637,027 12/31/2018 10.0% $660,000
Loan 6, 21 33 CVS-Walgreens Portfolio 2.38x 59.6% 59.6% 0 5 First LO(25);DEF(88);O(7)     N/A N/A N/A N/A N/A N/A
Property   33.01 Walgreens                   N/A N/A N/A N/A   N/A
Property   33.02 CVS                   N/A N/A N/A N/A   N/A
Loan   34 Winding Way Apartments 2.71x 49.5% 49.5% 0 5 First LO(23);YM1(93);O(4) G   $882,992 $423,813 $459,179 12/31/2018 9.2% $954,224
Loan 22 35 Yuba City 99 Self Storage 3.72x 56.2% 56.2% 5 5 First LO(24);DEF(92);O(4)     $699,568 $258,586 $440,982 12/31/2018 8.8% $869,608
Loan   36 Summer Haven MHP 1.78x 66.2% 58.2% 5 5 First LO(24);DEF(91);O(5)     $559,418 $298,901 $260,517 12/31/2019 5.2% $658,961
Loan   37 Lockaway Self Storage - Castro Valley, CA 2.84x 44.4% 44.4% 5 4 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A $797,146
Loan   38 CVS Bartlesville OK 2.36x 57.3% 57.3% 5 5 First LO(25);DEF(91);O(4)     $409,049 $30,000 $379,049 12/31/2018 8.1% $409,049
Loan   39 WAG - Aurora, CO 2.04x 61.8% 61.8% 0 0 Eleventh LO(25);DEF(55);O(4)     N/A N/A N/A N/A N/A N/A
Loan   40 Woodland Park Self Storage, Sheridan, WY   3.28x 64.5% 64.5% 5 4 First LO(25);DEF(91);O(4)     $681,939 $264,793 $417,146 12/31/2018 9.1% $698,527
Loan 13 41 Holiday Acres MHP 1.77x 72.9% 62.4% 5 5 First LO(24);DEF(92);O(5)     $568,323 $268,181 $300,142 12/31/2019 6.6% $605,022
Loan 8 42 52 Ludlow Street 2.81x 48.9% 48.9% 5 5 First LO(24);DEF(89);O(7)     N/A N/A N/A N/A N/A N/A

 

 

A-1-11

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name UW NCF
DSCR (IO)		 Cut-Off Date
LTV Ratio		 Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)		 Grace Period to Default
(Days)		 Due Date Prepayment Provisions
(No. of Payments)		 YM
Formula		   Third Most
Recent Revenues		 Third Most
Recent Expenses		 Third Most
Recent NOI 		Third
Most Recent
NOI Date 		Third Most
Recent NOI
Debt Yield		 Second Most
 Recent Revenues
Loan   43 Stuff Ur Storage Henderson, NV 2.60x 53.6% 53.6% 5 4 First LO(25);DEF(91);O(4)     $514,407 $365,593 $148,814 12/31/2018 3.4% $461,916
Loan 23 44 16680 Valley View Avenue Data Center 2.21x 54.6% 46.1% 5 4 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A
Loan 18 45 Tee-Lex Operating Inc. 9.34x 8.8% 8.8% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 46 30 Clinton Place Owners, Inc. 4.90x 38.9% 38.9% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan   47 Gold Creek Apartments 2.86x 47.4% 47.4% 0 5 First LO(23);YM1(93);O(4) H   $748,797 $389,212 $359,585 12/31/2018 9.7% $821,124
Loan   48 Storelocal  - Coeur d’Alene, ID 2.83x 64.9% 64.9% 5 4 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A $424,151
Loan 18 49 Larchmont Gables Apartment Corp. N/A 25.5% 19.8% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 13, 18 50 305 Equities Corp. 7.20x 6.5% 5.0% 10 10 First YM1(114);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan   51 Glenview Mobile Lodge Community 1.88x 63.1% 63.1% 5 4 First LO(24);YM1(92);O(4) I   $373,378 $106,586 $266,792 12/31/2018 9.4% $374,580
Loan 18 52 511 West 232nd Owners Corp. N/A 14.5% 11.2% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 53 Shore Lane Arms Owners Corp. N/A 5.9% 4.6% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 8, 13 54 69 Meserole Avenue 1.71x 66.1% 66.1% 0 5 First LO(24);DEF(93);O(4)     $144,789 $41,072 $103,717 12/31/2019 5.1% $134,992
Loan 18 55 267 W. 89 Owners Corp. 16.19x 5.0% 5.0% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 56 169 Spring Owners Corp. N/A 3.2% 2.5% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 57 14 Jay Street Owners Corp. 6.65x 9.0% 9.0% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 58 327-329 4th St. Owners Corp. N/A 19.0% 16.5% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 59 210 Equities Corp. N/A 5.6% 4.3% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 60 39-75 56th Street Owners Corp. N/A 9.8% 8.4% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan   61 Squaw Valley Mobile Home Community 2.62x 59.8% 53.2% 5 4 First LO(24);YM1(92);O(4) J   $229,117 $103,210 $125,907 12/31/2018 9.2% $292,405
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. N/A 1.3% 1.0% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 63 Parkway Owners Inc. N/A 14.4% 0.2% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A
Loan 18 64 91 Tenants Corp. 4.75x 17.8% 17.8% 10 10 First YM1(113);1%(3);O(4) E   N/A N/A N/A N/A N/A N/A

 

 

A-1-12

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Second Most
 Recent Expenses		 Second Most
 Recent NOI 		Second
Most Recent
NOI Date 		Second Most
Recent NOI
Debt Yield		 Most
 Recent Revenues		 Most
 Recent Expenses		 Most
Recent NOI 		Most
Recent
NOI Date 		Most
Recent NOI
Debt Yield		 Underwritten
Occupancy Rate		 Underwritten
Effective Gross Income		 Underwritten Total
Expenses		 Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves		 Underwritten
TI/LC
Loan 5, 9 1 Pathline Park 9 & 10 N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0% $17,382,780 $4,083,841 $13,298,939 10.2% $48,445 $484,452
Loan 5, 10 2 Miami Design District $16,756,756 $33,817,392 12/31/2019 8.5% $46,835,731 $14,024,835 $32,810,895 12/31/2020 8.2% 88.6% $53,041,550 $16,007,449 $37,034,101 9.3% $99,419 $994,188
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio $5,566,589 $10,337,925 12/31/2019 9.6% $15,713,821 $5,706,785 $10,007,036 12/31/2020 9.3% 92.9% $15,646,968 $6,147,572 $9,499,396 8.8% $178,018 $0
Property   3.01 Houston - Katy Fwy $712,445 $1,103,236 12/31/2019   $1,673,089 $786,184 $886,905 12/31/2020   91.0% $1,673,089 $785,528 $887,561   $13,991 $0
Property   3.02 Santa Maria - Skyway Dr $287,693 $879,289 12/31/2019   $1,160,032 $278,390 $881,642 12/31/2020   91.0% $1,160,032 $379,120 $780,912   $12,601 $0
Property   3.03 Redlands – Alabama St $386,573 $730,614 12/31/2019   $1,165,427 $390,803 $774,624 12/31/2020   93.7% $1,165,427 $427,207 $738,220   $10,624 $0
Property   3.04 Sacramento - Franklin Blvd $283,357 $893,779 12/31/2019   $1,120,613 $313,528 $807,085 12/31/2020   90.0% $1,120,613 $388,845 $731,768   $12,305 $0
Property   3.05 Dallas - Northwest Hwy $342,259 $650,572 12/31/2019   $1,026,388 $346,921 $679,467 12/31/2020   88.9% $1,026,388 $345,839 $680,549   $19,552 $0
Property   3.06 Sacramento - 5051 Perry Ave $332,564 $648,451 12/31/2019   $943,327 $381,207 $562,120 12/31/2020   83.3% $943,326 $350,538 $592,788   $9,430 $0
Property   3.07 Chicago - 95th St $506,561 $671,251 12/31/2019   $1,157,007 $537,244 $619,763 12/31/2020   89.6% $1,157,007 $577,845 $579,162   $12,098 $0
Property   3.08 Chicago - West Addison $506,574 $633,948 12/31/2019   $1,177,398 $534,752 $642,646 12/31/2020   92.9% $1,177,398 $601,789 $575,609   $10,892 $0
Property   3.09 Tracy - 787 E 11th St $226,511 $690,164 12/31/2019   $871,979 $231,131 $640,848 12/31/2020   92.0% $871,978 $299,045 $572,933   $8,223 $0
Property   3.10 Tracy - 780 E 11th St $237,127 $647,517 12/31/2019   $876,162 $235,689 $640,473 12/31/2020   92.5% $876,162 $305,073 $571,089   $9,179 $0
Property   3.11 Fredericksburg - 5219 Plank Rd $236,894 $571,110 12/31/2019   $777,103 $219,915 $557,188 12/31/2020   90.7% $777,103 $213,655 $563,448   $8,854 $0
Property   3.12 North Aurora - Lincolnway $283,845 $505,883 12/31/2019   $807,284 $281,605 $525,679 12/31/2020   93.7% $807,284 $281,240 $526,044   $11,631 $0
Property   3.13 Spring - I-45 North $302,713 $522,281 12/31/2019   $815,247 $309,305 $505,942 12/31/2020   92.8% $815,247 $308,348 $506,899   $10,573 $0
Property   3.14 Chicago - Pulaski Rd $467,209 $491,998 12/31/2019   $994,472 $415,723 $578,749 12/31/2020   94.2% $927,620 $442,153 $485,467   $10,859 $0
Property   3.15 El Paso - Desert Blvd $262,903 $348,890 12/31/2019   $616,459 $258,440 $358,019 12/31/2020   93.2% $616,459 $256,073 $360,386   $11,324 $0
Property   3.16 Mt Pleasant - Bowman Rd $191,361 $348,942 12/31/2019   $531,834 $185,948 $345,886 12/31/2020   90.5% $531,834 $185,274 $346,560   $5,882 $0
Loan 5, 8 4 605 Third Avenue $35,939,209 $8,013,280 12/31/2019 3.5% $58,781,777 $34,911,832 $23,869,945 9/30/2020 TTM 10.3% 97.2% $68,159,995 $36,029,430 $32,130,565 13.9% $205,547 $1,950,230
Loan 12 5 530 Seventh Avenue Fee $0 $4,785,000 12/31/2019 8.7% $4,785,000 $0 $4,785,000 12/31/2020 8.7% 100.0% $5,220,000 $0 $5,220,000 9.5% $0 $0
Loan 6 6 ExchangeRight Net Leased Portfolio #43 N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0% $3,533,953 $111,073 $3,422,880 9.0% $14,327 $60,975
Property   6.01 Lowe’s - Dalton (Cleveland), GA 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
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND 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
Property   6.03 Tractor Supply - Patterson (Rte-311), NY 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
Property   6.04 Walgreens (Grand) - Ames, IA 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
Property   6.05 Walgreens - Baltimore (Liberty), MD 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
Property   6.06 Walgreens - Independence (East 23rd), MO 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
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC 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
Property   6.08 Walgreens - Skokie (Skokie), IL 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
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN 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
Property   6.10 M&T Bank - Rochester (Latta), NY 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
Property   6.11 Fresenius Medical Care - Walker (Walker), LA 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
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN 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
Property   6.13 Sherwin Williams - Bloomington (Gates), IN 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
Property   6.14 Dollar Tree - Midland (Big Spring), TX 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
Property   6.15 Sherwin Williams - Hamilton (Walden), OH 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
Loan 5, 6, 7, 11 7 Boca Office Portfolio $5,697,675 $8,927,635 12/31/2019 9.0% $13,895,191 $5,846,969 $8,048,222 12/31/2020 8.1% 92.6% $16,623,446 $6,161,981 $10,461,465 10.6% $127,369 $411,477
Property   7.01 Boardwalk @ 18th $1,328,656 $3,165,377 12/31/2019   $3,992,387 $1,521,784 $2,470,603 12/31/2020   95.0% $4,793,055 $1,573,741 $3,219,314   $47,800 $117,867
Property   7.02 Fountains Center $2,215,470 $2,393,290 12/31/2019   $4,444,768 $2,140,294 $2,304,474 12/31/2020   86.9% $5,288,444 $2,332,314 $2,956,130   $44,897 $122,807
Property   7.03 City National Park $1,490,022 $2,497,790 12/31/2019   $3,692,576 $1,598,181 $2,094,395 12/31/2020   97.6% $4,752,927 $1,662,836 $3,090,091   $30,536 $118,947
Property   7.04 Grove Centre $663,527 $871,178 12/31/2019   $1,765,460 $586,711 $1,178,749 12/31/2020   91.6% $1,789,020 $593,091 $1,195,930   $4,136 $51,856
Loan   8 Park Del Amo $2,467,586 $2,804,121 12/31/2019 10.0% $5,278,863 $1,957,087 $3,321,776 12/31/2020 T-6 Ann. 11.8% 87.9% $5,291,668 $1,880,525 $3,411,143 12.1% $61,594 $386,600
Loan 13 9 Lakeshore Business Center $1,846,041 $2,154,958 12/31/2019 8.6% $4,176,875 $1,991,603 $2,185,273 12/31/2020 8.7% 86.1% $4,547,278 $1,798,846 $2,748,432 10.9% $77,508 $297,103
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio N/A N/A N/A N/A $6,103,486 $3,223,974 $2,879,512 12/31/2020 13.4% 87.9% $7,135,104 $3,944,334 $3,190,770 14.8% $181,500 $0
Property   10.01 Siegel Suites – San Antonio, TX N/A N/A N/A   $1,450,901 $894,807 $556,094 12/31/2020   90.0% $2,001,972 $1,058,732 $943,240   $54,600 $0
Property   10.02 Siegel Select – Albuquerque, NM N/A N/A N/A   $2,109,326 $994,077 $1,115,249 12/31/2020   80.7% $2,207,112 $1,298,924 $908,188   $62,400 $0
Property   10.03 Siegel Select – Bossier City, LA N/A N/A N/A   $1,426,652 $691,284 $735,368 12/31/2020   91.3% $1,425,612 $717,712 $707,900   $35,700 $0
Property   10.04 Siegel Suites – Holland, OH N/A N/A N/A   $1,116,607 $643,806 $472,801 12/31/2020   94.0% $1,500,408 $868,966 $631,442   $28,800 $0
Loan 7, 14, 15 11 250 Bedford Avenue $0 $1,900,652 12/31/2019 9.5% $1,643,841 $0 $1,643,841 12/31/2020 8.2% 92.8% $2,032,229 $269,195 $1,763,034 8.8% $6,834 $136,844
Loan 6, 7 12 Lake Region Portfolio $1,205,096 $2,176,038 12/31/2019 11.6% $3,342,317 $1,161,594 $2,180,723 12/31/2020 11.7% 90.1% $3,292,269 $1,337,442 $1,954,827 10.5% $49,243 $0
Property   12.01 US Storage Centers - Duluth $528,235 $1,017,012 12/31/2019   $1,568,443 $517,007 $1,051,436 12/31/2020   95.0% $1,567,170 $571,710 $995,460   $18,005 $0
Property   12.02 US Storage Centers - St. Paul $468,174 $704,932 12/31/2019   $1,087,088 $446,121 $640,967 12/31/2020   83.4% $1,045,130 $517,765 $527,365   $18,447 $0
Property   12.03 US Storage Centers - Brainerd $196,667 $410,825 12/31/2019   $631,259 $187,084 $444,176 12/31/2020   91.0% $623,386 $229,664 $393,722   $11,003 $0
Property   12.04 US Storage Centers - Pine Tree $12,021 $43,270 12/31/2019   $55,527 $11,383 $44,144 12/31/2020   93.0% $56,584 $18,303 $38,281   $1,788 $0
Loan 7 13 Heath Town Center N/A N/A N/A N/A N/A N/A N/A N/A N/A 96.1% $2,088,314 $604,457 $1,483,856 8.8% $11,650 $70,679
Loan 5, 7, 16, 17 14 McClellan Park $15,192,749 $27,579,910 12/31/2019 7.7% $46,135,523 $16,541,707 $29,593,816 9/30/2020 TTM 8.3% 81.0% $52,666,380 $15,037,967 $37,628,413 10.5% $1,038,823 $1,731,371
Loan 8, 18 15 111 Fourth Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A 90.6% $6,597,330 $3,723,071 $2,874,259 19.2% $50,356 $0
Loan   16 Extra Space Storage - DC $475,156 $992,497 12/31/2019 6.8% $1,544,591 $452,325 $1,092,266 12/31/2020 7.5% 88.3% $1,617,668 $448,971 $1,168,697 8.1% $7,143 $0
Loan 13, 19 17 12900 I Street N/A N/A N/A N/A N/A N/A N/A N/A N/A 94.5% $3,740,711 $947,818 $2,792,892 19.9% $141,438 $193,255
Loan   18 ASM America HQ $16,269 $1,517,645 12/31/2019 11.8% $1,530,666 $8,333 $1,522,333 8/31/2020 T-8 Ann. 11.8% 95.0% $1,931,728 $508,474 $1,423,254 11.1% $13,028 $103,965
Loan 20 19 Chapel Lakes $763,760 $997,718 12/31/2019 7.9% $1,756,659 $768,899 $987,760 12/31/2020 7.9% 93.6% $1,784,762 $741,318 $1,043,444 8.3% $81,472 -$40,000
Loan   20 Candlewood Apartments & Country Villas $957,357 $1,113,522 12/31/2019 8.9% $2,100,075 $910,524 $1,189,550 12/31/2020 9.5% 94.1% $2,157,671 $936,760 $1,220,911 9.8% $63,300 $0
Loan   21 El Paseo $682,136 $1,834,814 12/31/2019 15.3% $1,813,745 $598,603 $1,215,142 12/31/2020 10.1% 91.8% $2,210,978 $564,956 $1,646,022 13.7% $12,989 $57,516
Loan   22 Olin Technology Administration Center N/A N/A N/A N/A N/A N/A N/A N/A N/A 94.7% $1,875,196 $723,889 $1,151,307 9.8% $12,500 $74,219
Loan 6 23 North Austin Portfolio $472,912 $1,468,212 12/31/2019 12.8% $2,173,342 $546,975 $1,626,366 12/31/2020 14.1% 91.2% $2,244,664 $651,437 $1,593,227 13.9% $12,300 $106,859
Property   23.01 Cold Springs Marketplace $310,798 $861,197 12/31/2019   $1,347,203 $351,794 $995,409 12/31/2020   89.6% $1,429,401 $415,423 $1,013,979   $7,842 $68,531
Property   23.02 Old Settlers Market $162,114 $607,015 12/31/2019   $826,138 $195,181 $630,957 12/31/2020   94.0% $815,262 $236,014 $579,248   $4,459 $38,328
Loan 18 24 Towne House Village North Owners, Inc. N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0% $4,225,220 $1,470,561 $2,754,659 25.8% $50,100 $0
Loan   25 2 Boston Post Road N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.9% $1,553,654 $354,268 $1,199,386 12.0% $13,767 $46,808
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX N/A N/A N/A N/A N/A N/A N/A N/A N/A 97.0% $750,659 $9,896 $740,762 7.6% $4,302 $0
Property   26.01 2389 East Windmill 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
Property   26.02 12601 Tech Ridge 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 N/A
Property   26.03 850 43rd Avenue Southwest 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
Loan 18 27 Valerie Arms Apartment Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0% $5,769,712 $3,209,670 $2,560,042 28.4% $26,300 $0
Loan 18 28 Blossom Gardens Apartments, Inc. N/A N/A N/A N/A N/A N/A N/A N/A N/A 96.1% $3,842,220 $1,722,104 $2,120,116 28.3% $46,500 $0
Loan   29 Extra Space Storage - Lompoc, CA $277,850 $587,281 12/31/2019 8.1% $925,841 $297,254 $628,587 12/31/2020 8.7% 84.8% $952,239 $294,969 $657,270 9.1% $10,058 $0
Loan   30 A Storage Place – Fort Collins $454,090 $607,377 12/31/2019 8.7% $1,079,079 $471,529 $607,550 12/31/2020 8.7% 84.9% $1,079,079 $460,794 $618,284 8.8% $12,225 $0
Loan   31 Foley Cubesmart N/A N/A N/A N/A $865,380 $278,052 $587,328 1/31/2021 T-1 Ann. 8.4% 88.1% $843,092 $268,541 $574,552 8.2% $6,913 $0
Loan   32 Lowe’s Cromwell $22,973 $637,027 12/31/2019 10.0% $660,000 $21,226 $638,774 12/31/2020 10.0% 94.7% $627,000 $42,010 $584,990 9.1% $18,704 $18,636
Loan 6, 21 33 CVS-Walgreens Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A 97.0% $472,875 $10,096 $462,779 9.2% $6,273 $10,385
Property   33.01 Walgreens N/A N/A N/A   N/A N/A N/A N/A   94.7% $268,375 $8,051 $260,324   $4,637 $10,385
Property   33.02 CVS N/A N/A N/A   N/A N/A N/A N/A   100.0% $204,500 $2,045 $202,455   $1,636 $0
Loan   34 Winding Way Apartments $460,348 $493,875 12/31/2019 9.9% $984,421 $452,882 $531,540 12/31/2020 10.6% 95.0% $959,878 $455,476 $504,403 10.1% $18,250 $0
Loan 22 35 Yuba City 99 Self Storage $308,784 $560,824 12/31/2019 11.2% $917,110 $320,887 $596,223 12/31/2020 11.9% 95.0% $937,624 $326,699 $610,925 12.2% $14,381 $0
Loan   36 Summer Haven MHP $316,237 $342,724 12/31/2020 6.9% $658,672 $295,157 $363,515 1/31/2021 TTM 7.3% 95.5% $722,484 $306,482 $416,003 8.3% $5,300 $0
Loan   37 Lockaway Self Storage - Castro Valley, CA $363,393 $433,753 12/31/2019 9.1% $897,240 $372,324 $524,916 12/31/2020 11.0% 93.4% $897,240 $357,985 $539,255 11.3% $5,045 $0
Loan   38 CVS Bartlesville OK $42,000 $367,049 12/31/2019 7.8% $409,049 $36,000 $373,049 12/31/2020 7.9% 100.0% $435,857 $4,359 $431,499 9.2% $1,984 $0
Loan   39 WAG - Aurora, CO N/A N/A N/A N/A N/A N/A N/A N/A N/A 97.0% $406,552 $8,746 $397,807 8.5% $1,412 $0
Loan   40 Woodland Park Self Storage, Sheridan, WY   $256,947 $441,580 12/31/2019 9.6% $710,086 $249,736 $460,350 12/31/2020 10.0% 95.0% $726,809 $223,780 $503,029 11.0% $18,667 $0
Loan 13 41 Holiday Acres MHP $275,079 $329,943 12/31/2020 7.3% $605,471 $259,385 $346,087 1/31/2021 TTM 7.6% 91.1% $618,820 $248,835 $369,986 8.2% $6,850 $0
Loan 8 42 52 Ludlow Street N/A N/A N/A N/A $482,700 $61,837 $420,863 12/31/2020 9.4% 95.0% $499,985 $70,206 $429,779 9.6% $2,500 $0

 

 

A-1-13

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Second Most
 Recent Expenses		 Second Most
 Recent NOI 		Second
Most Recent
NOI Date 		Second Most
Recent NOI
Debt Yield		 Most
 Recent Revenues		 Most
 Recent Expenses		 Most
Recent NOI 		Most
Recent
NOI Date 		Most
Recent NOI
Debt Yield		 Underwritten
Occupancy Rate		 Underwritten
Effective Gross Income		 Underwritten Total
Expenses		 Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves		 Underwritten
TI/LC
Loan   43 Stuff Ur Storage Henderson, NV $285,479 $176,437 12/31/2019 4.0% $600,341 $228,571 $371,770 11/30/2020 TTM 8.4% 88.9% $646,550 $211,593 $434,957 9.8% $13,652 $0
Loan 23 44 16680 Valley View Avenue Data Center N/A N/A N/A N/A N/A N/A N/A N/A N/A 92.5% $595,148 $201,512 $393,636 9.5% $4,132 $16,530
Loan 18 45 Tee-Lex Operating Inc. N/A N/A N/A N/A N/A N/A N/A N/A N/A 94.8% $2,752,624 $1,528,571 $1,224,053 30.6% $16,100 $0
Loan 18 46 30 Clinton Place Owners, Inc. N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.2% $1,130,049 $467,549 $662,500 16.6% $19,250 $0
Loan   47 Gold Creek Apartments $423,324 $397,800 12/31/2019 10.8% $842,234 $428,050 $414,183 12/31/2020 11.2% 95.0% $818,127 $420,119 $398,007 10.8% $19,259 $0
Loan   48 Storelocal  - Coeur d’Alene, ID $187,742 $236,409 12/31/2019 6.4% $521,673 $185,859 $335,814 12/31/2020 9.1% 91.8% $564,670 $166,964 $397,706 10.7% $9,537 $0
Loan 18 49 Larchmont Gables Apartment Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $1,250,366 $390,716 $859,650 25.3% $12,000 $0
Loan 13, 18 50 305 Equities Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.3% $2,203,732 $1,554,670 $649,062 22.4% $16,200 $0
Loan   51 Glenview Mobile Lodge Community $113,621 $260,959 12/31/2019 9.2% $391,601 $124,940 $266,661 11/30/2020 TTM 9.4% 95.0% $404,929 $147,361 $257,568 9.0% $2,550 $0
Loan 18 52 511 West 232nd Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $1,531,361 $627,753 $903,608 36.1% $16,750 $0
Loan 18 53 Shore Lane Arms Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $2,481,366 $1,288,854 $1,192,512 50.8% $29,400 $0
Loan 8, 13 54 69 Meserole Avenue $36,353 $98,639 12/31/2020 4.8% $131,711 $43,487 $88,224 1/31/2021 TTM 4.3% 96.9% $201,426 $51,061 $150,365 7.3% $2,000 $0
Loan 18 55 267 W. 89 Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.2% $1,831,540 $764,060 $1,067,480 53.4% $10,500 $0
Loan 18 56 169 Spring Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 91.8% $2,653,674 $655,240 $1,998,434 111.0% $22,000 $0
Loan 18 57 14 Jay Street Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.1% $647,567 $234,607 $412,960 22.9% $4,900 $0
Loan 18 58 327-329 4th St. Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $369,731 $78,472 $291,259 18.2% $5,400 $0
Loan 18 59 210 Equities Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 96.1% $1,388,961 $523,492 $865,469 57.8% $7,250 $0
Loan 18 60 39-75 56th Street Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $1,033,462 $401,157 $632,305 42.2% $27,000 $0
Loan   61 Squaw Valley Mobile Home Community $124,132 $168,273 12/31/2019 12.2% $293,197 $86,433 $206,764 12/31/2020 15.0% 93.0% $290,447 $101,296 $189,151 13.8% $2,300 $0
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $6,985,602 $1,207,887 $5,777,715 445.2% $58,500 $0
Loan 18 63 Parkway Owners Inc. N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0% $1,045,580 $440,359 $605,221 50.4% $13,000 $0
Loan 18 64 91 Tenants Corp. N/A N/A N/A N/A N/A N/A N/A N/A N/A 94.0% $307,380 $144,313 $163,067 16.3% $1,600 $0

 

 

A-1-14

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Underwritten NCF Underwritten NCF Debt Yield   Largest Tenant Largest
Tenant Lease
Expiration(4)		 Largest
Tenant NSF 		Largest
Tenant
% of NSF		   2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(4)		 2nd Largest
Tenant NSF		 2nd Largest
Tenant
% of NSF		   3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration(4)		 3rd Largest
Tenant NSF		 3rd Largest
Tenant
% of NSF
Loan 5, 9 1 Pathline Park 9 & 10 $12,766,041 9.8%   Proofpoint Inc 5/31/2031 242,226 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 5, 10 2 Miami Design District $35,940,495 9.0%   Holly Hunt 4/30/2025 24,897 5.0%   Fendi Casa/Luxury Living 4/16/2027 22,439 4.5%   Dacra 1/31/2023 18,828 3.8%
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio $9,321,378 8.6%                              
Property   3.01 Houston - Katy Fwy $873,570     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.02 Santa Maria - Skyway Dr $768,311     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.03 Redlands – Alabama St $727,596     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.04 Sacramento - Franklin Blvd $719,463     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.05 Dallas - Northwest Hwy $660,997     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.06 Sacramento - 5051 Perry Ave $583,358     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.07 Chicago - 95th St $567,064     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.08 Chicago - West Addison $564,717     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.09 Tracy - 787 E 11th St $564,710     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.10 Tracy - 780 E 11th St $561,910     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.11 Fredericksburg - 5219 Plank Rd $554,594     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.12 North Aurora - Lincolnway $514,413     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.13 Spring - I-45 North $496,326     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.14 Chicago - Pulaski Rd $474,608     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.15 El Paso - Desert Blvd $349,062     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   3.16 Mt Pleasant - Bowman Rd $340,678     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 5, 8 4 605 Third Avenue $29,974,788 13.0%   Univision Communications, Inc. 12/31/2028 194,701 18.9%   United Nations Population Fund 12/31/2025 130,740 12.7%   Broadridge Financial Solutions, Inc. 1/31/2035 87,165 8.5%
Loan 12 5 530 Seventh Avenue Fee $5,220,000 9.5%   G&S Realty 1, LLC 11/30/2049 495,245 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6 6 ExchangeRight Net Leased Portfolio #43 $3,347,578 8.8%                              
Property   6.01 Lowe’s - Dalton (Cleveland), GA N/A     Lowe’s 12/31/2032 130,833 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND N/A     Natural Grocers 8/31/2031 21,169 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.03 Tractor Supply - Patterson (Rte-311), NY N/A     Tractor Supply 2/28/2031 22,685 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.04 Walgreens (Grand) - Ames, IA N/A     Walgreens 6/30/2034 14,867 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.05 Walgreens - Baltimore (Liberty), MD N/A     Walgreens 10/31/2030 12,681 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.06 Walgreens - Independence (East 23rd), MO N/A     Walgreens 7/31/2033 13,828 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC N/A     Fresenius Medical Care 5/31/2033 7,324 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.08 Walgreens - Skokie (Skokie), IL N/A     Walgreens 1/31/2030 11,847 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN N/A     Tractor Supply 1/31/2030 19,085 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.10 M&T Bank - Rochester (Latta), NY N/A     M&T Bank 6/30/2030 4,000 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.11 Fresenius Medical Care - Walker (Walker), LA N/A     Fresenius Medical Care 6/1/2032 5,363 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN N/A     Sherwin Williams 9/30/2032 4,261 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.13 Sherwin Williams - Bloomington (Gates), IN N/A     Sherwin Williams 12/30/2031 4,026 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.14 Dollar Tree - Midland (Big Spring), TX N/A     Dollar Tree 1/31/2031 9,993 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   6.15 Sherwin Williams - Hamilton (Walden), OH N/A     Sherwin Williams 9/30/2030 3,503 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 5, 6, 7, 11 7 Boca Office Portfolio $9,922,619 10.0%                              
Property   7.01 Boardwalk @ 18th $3,053,647     Women’s Health Partners, LLC 12/31/2027 16,662 12.6%   Carraba’s Tropical Coast 4/30/2023 5,921 4.5%   Wild Hair Salon 11/30/2021 5,889 4.5%
Property   7.02 Fountains Center $2,788,425     University of Miami 4/30/2026 12,987 6.9%   Madsen, Kneepers & Associates 12/31/2024 6,350 3.4%   Gil Lichtshein 7/31/2026 5,987 3.2%
Property   7.03 City National Park $2,940,608     Belux LLC (Aka Opus) 12/31/2030 17,902 13.5%   TDL Centers Inc 7/14/2030 14,067 10.6%   Hellenic Petroleum LLC 2/28/2025 8,381 6.3%
Property   7.04 Grove Centre $1,139,938     Soberinves Sober Investments, LLC 6/30/2024 10,885 17.7%   Kabbalah Center 2/28/2026 4,500 7.3%   Big Boca Smiles 11/30/2026 4,495 7.3%
Loan   8 Park Del Amo $2,962,949 10.5%   Keenan & Associates 3/31/2024 86,911 42.3%   High Ground Insurance Services 8/31/2023 7,417 3.6%   EmpTech 7/31/2023 5,867 2.9%
Loan 13 9 Lakeshore Business Center $2,373,821 9.5%   Hair Visions International 2/28/2026 34,501 14.5%   ECI Telecom 8/31/2025 24,316 10.2%   GSA 11/30/2034 16,197 6.8%
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio $3,009,270 14.0%                              
Property   10.01 Siegel Suites – San Antonio, TX $888,640     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   10.02 Siegel Select – Albuquerque, NM $845,788     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   10.03 Siegel Select – Bossier City, LA $672,200     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   10.04 Siegel Suites – Holland, OH $602,642     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 7, 14, 15 11 250 Bedford Avenue $1,619,356 8.1%   Duane Reade 12/31/2030 16,500 31.7%   HSBC Bank USA 12/31/2025 5,393 10.4%   N/A N/A N/A N/A
Loan 6, 7 12 Lake Region Portfolio $1,905,584 10.2%                              
Property   12.01 US Storage Centers - Duluth $977,455     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   12.02 US Storage Centers - St. Paul $508,918     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   12.03 US Storage Centers - Brainerd $382,718     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   12.04 US Storage Centers - Pine Tree $36,493     N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 7 13 Heath Town Center $1,401,527 8.3%   Tom Thumb 9/30/2039 55,000 70.8%   Mannys Tex-Mex Restaurant 1/31/2030 7,310 9.4%   Aria Nail Bar 12/31/2029 3,500 4.5%
Loan 5, 7, 16, 17 14 McClellan Park $34,858,219 9.7%   Amazon 6/30/2030 417,637 6.0%   Hydra Distribution 4/16/2025 388,784 5.6%   Dome Printing 11/17/2033 320,000 4.6%
Loan 8, 18 15 111 Fourth Avenue $2,823,903 18.8%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   16 Extra Space Storage - DC $1,161,554 8.0%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 13, 19 17 12900 I Street $2,458,198 17.6%   Millard Lumber 1/10/2036 495,720 81.6%   Kardia Logistics 9/3/2022 67,279 11.1%   Kiewit Corporation 11/30/2024 28,500 4.7%
Loan   18 ASM America HQ $1,306,261 10.2%   ASM America 3/31/2029 130,282 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 20 19 Chapel Lakes $1,001,972 8.0%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   20 Candlewood Apartments & Country Villas $1,157,611 9.3%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   21 El Paseo $1,575,516 13.1%   El Paseo Restaurant 6/30/2028 7,627 13.2%   Wine Cask 6/30/2030 7,536 13.1%   ClarionDoor, LLC 7/31/2024 6,633 11.5%
Loan   22 Olin Technology Administration Center $1,064,588 9.1%   Olin Corporation 7/31/2035 62,500 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6 23 North Austin Portfolio $1,474,068 12.8%                              
Property   23.01 Cold Springs Marketplace $937,606     DB World Foods 2/19/2024 6,983 13.4%   The Republic 6/26/2024 4,231 8.1%   Cedar Park Medical Center 7/31/2028 3,407 6.5%
Property   23.02 Old Settlers Market $536,462     Premier Music Academy 7/31/2021 3,122 10.5%   Gino’s Vino Osteria 1/31/2024 2,594 8.7%   Greenhouse Craft Food 10/15/2028 2,568 8.6%
Loan 18 24 Towne House Village North Owners, Inc. $2,704,559 25.3%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   25 2 Boston Post Road $1,138,811 11.4%   Amazon 9/30/2030 137,670 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX $736,460 7.5%                              
Property   26.01 2389 East Windmill N/A     Walgreens 2/28/2036 13,821 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   26.02 12601 Tech Ridge Boulevard N/A     Walgreens 2/28/2036 14,717 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   26.03 850 43rd Avenue Southwest N/A     Walgreens 2/28/2036 14,482 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 27 Valerie Arms Apartment Corp. $2,533,742 28.2%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 28 Blossom Gardens Apartments, Inc. $2,073,616 27.7%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   29 Extra Space Storage - Lompoc, CA $647,212 8.9%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   30 A Storage Place – Fort Collins $606,059 8.7%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   31 Foley Cubesmart $567,639 8.1%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   32 Lowe’s Cromwell $547,650 8.6%   Lowe’s 6/28/2029 124,691 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6, 21 33 CVS-Walgreens Portfolio $446,121 8.9%                              
Property   33.01 Walgreens $245,302     Walgreens 12/31/2031 14,490 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   33.02 CVS $200,819     CVS 10/31/2040 10,908 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   34 Winding Way Apartments $486,153 9.7%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 22 35 Yuba City 99 Self Storage $596,544 11.9%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   36 Summer Haven MHP $410,703 8.2%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   37 Lockaway Self Storage - Castro Valley, CA $534,210 11.2%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   38 CVS Bartlesville OK $429,515 9.1%   CVS 1/31/2040 13,225 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   39 WAG - Aurora, CO $396,395 8.4%   Walgreens 6/30/2082 14,121 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   40 Woodland Park Self Storage, Sheridan, WY   $484,362 10.6%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 13 41 Holiday Acres MHP $363,136 8.0%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8 42 52 Ludlow Street $427,279 9.5%   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-1-15

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Underwritten NCF Underwritten NCF Debt Yield   Largest Tenant Largest
Tenant Lease
Expiration(4)		 Largest
Tenant NSF 		Largest
Tenant
% of NSF		   2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(4)		 2nd Largest
Tenant NSF		 2nd Largest
Tenant
% of NSF		   3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration(4)		 3rd Largest
Tenant NSF		 3rd Largest
Tenant
% of NSF
Loan   43 Stuff Ur Storage Henderson, NV $421,305 9.5%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 23 44 16680 Valley View Avenue Data Center $372,974 9.0%   Cogent Communications 8/31/2034 16,529 100.0%   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 45 Tee-Lex Operating Inc. $1,207,953 30.2%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 46 30 Clinton Place Owners, Inc. $643,250 16.1%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   47 Gold Creek Apartments $378,748 10.2%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   48 Storelocal  - Coeur d’Alene, ID $388,169 10.5%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 49 Larchmont Gables Apartment Corp. $847,650 25.0%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 13, 18 50 305 Equities Corp. $632,862 21.8%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   51 Glenview Mobile Lodge Community $255,018 8.9%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 52 511 West 232nd Owners Corp. $886,858 35.5%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 53 Shore Lane Arms Owners Corp. $1,163,112 49.6%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8, 13 54 69 Meserole Avenue $148,365 7.2%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 55 267 W. 89 Owners Corp. $1,056,980 52.8%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 56 169 Spring Owners Corp. $1,976,434 109.8%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 57 14 Jay Street Owners Corp. $408,060 22.7%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 58 327-329 4th St. Owners Corp. $285,859 17.9%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 59 210 Equities Corp. $858,219 57.3%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 60 39-75 56th Street Owners Corp. $605,305 40.4%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   61 Squaw Valley Mobile Home Community $186,851 13.6%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. $5,719,215 440.7%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 63 Parkway Owners Inc. $592,221 49.4%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 18 64 91 Tenants Corp. $161,467 16.1%   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-1-16

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name   4th Largest Tenant 4th Largest
Tenant Lease
Expiration(4)		 4th Largest
Tenant NSF 		4th Largest
Tenant
% of NSF		   5th Largest Tenant 5th Largest
Tenant Lease
Expiration(4)		 5th Largest
Tenant NSF 		5th Largest
Tenant
% of NSF		   Upfront
Replacement
Reserves 		Monthly
Replacement
Reserves		 Replacement
Reserve Cap
Loan 5, 9 1 Pathline Park 9 & 10   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $1,161,000
Loan 5, 10 2 Miami Design District   Luxury Brand Partners 8/17/2022 18,077 3.6%   Luminaire 1/31/2024 15,000 3.0%   $0 $8,285 $0
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio                       $0 $0 $0
Property   3.01 Houston - Katy Fwy   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.02 Santa Maria - Skyway Dr   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.03 Redlands – Alabama St   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.04 Sacramento - Franklin Blvd   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.05 Dallas - Northwest Hwy   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.06 Sacramento - 5051 Perry Ave   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.07 Chicago - 95th St   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.08 Chicago - West Addison   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.09 Tracy - 787 E 11th St   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.10 Tracy - 780 E 11th St   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.11 Fredericksburg - 5219 Plank Rd   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.12 North Aurora - Lincolnway   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.13 Spring - I-45 North   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.14 Chicago - Pulaski Rd   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.15 El Paso - Desert Blvd   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   3.16 Mt Pleasant - Bowman Rd   N/A N/A N/A N/A   N/A N/A N/A N/A        
Loan 5, 8 4 605 Third Avenue   AECOM Technology Corporation 3/31/2033 78,484 7.6%   Anti-Defamation League of B’Nai B’Rith, Inc. 3/31/2027 73,333 7.1%   $0 $0 $411,096
Loan 12 5 530 Seventh Avenue Fee   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 6 6 ExchangeRight Net Leased Portfolio #43                       $224,000 $1,194 $0
Property   6.01 Lowe’s - Dalton (Cleveland), GA   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.03 Tractor Supply - Patterson (Rte-311), NY   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.04 Walgreens (Grand) - Ames, IA   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.05 Walgreens - Baltimore (Liberty), MD   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.06 Walgreens - Independence (East 23rd), MO   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.08 Walgreens - Skokie (Skokie), IL   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.10 M&T Bank - Rochester (Latta), NY   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.11 Fresenius Medical Care - Walker (Walker), LA   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.13 Sherwin Williams - Bloomington (Gates), IN   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.14 Dollar Tree - Midland (Big Spring), TX   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   6.15 Sherwin Williams - Hamilton (Walden), OH   N/A N/A N/A N/A   N/A N/A N/A N/A        
Loan 5, 6, 7, 11 7 Boca Office Portfolio                       $0 $10,614 $0
Property   7.01 Boardwalk @ 18th   Boca Pointe Community Assoc. 11/30/2025 5,551 4.2%   Rooms For Prince & Princess 8/31/2024 4,920 3.7%        
Property   7.02 Fountains Center   Salt Academy 8/31/2028 5,950 3.2%   Cohen & Sheinker, MD, PA 2/28/2023 5,066 2.7%        
Property   7.03 City National Park   Harbinger Capital Group 6/30/2021 8,281 6.3%   Revamp Healthcare Partners 8/31/2027 7,622 5.8%        
Property   7.04 Grove Centre   Sequoia Insurance 10/31/2024 4,371 7.1%   Skin Apeel, Inc. 1/31/2024 3,162 5.1%        
Loan   8 Park Del Amo   Servatius, O’Brien & Fong, LLP 5/31/2022 4,899 2.4%   CBIZ Benefits & Insurance Services, Inc. 11/30/2026 4,733 2.3%   $0 $8,555 (4/1/2021-3/1/2026); $1,711 (4/1/2026-3/1/2031) $0
Loan 13 9 Lakeshore Business Center   Dept of Juvenile Justice 2/29/2028 12,008 5.1%   Evolis 3/31/2024 11,139 4.7%   $0 $4,931 $0
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio                       $0 $12,150 $0
Property   10.01 Siegel Suites – San Antonio, TX   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   10.02 Siegel Select – Albuquerque, NM   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   10.03 Siegel Select – Bossier City, LA   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   10.04 Siegel Suites – Holland, OH   N/A N/A N/A N/A   N/A N/A N/A N/A        
Loan 7, 14, 15 11 250 Bedford Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $434 $0
Loan 6, 7 12 Lake Region Portfolio                       $0 $4,103 $147,708
Property   12.01 US Storage Centers - Duluth   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   12.02 US Storage Centers - St. Paul   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   12.03 US Storage Centers - Brainerd   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   12.04 US Storage Centers - Pine Tree   N/A N/A N/A N/A   N/A N/A N/A N/A        
Loan 7 13 Heath Town Center   Giannis Italian Bistro 1/31/2027 3,000 3.9%   Haute Salon 7/31/2030 2,540 3.3%   $0 $971 $0
Loan 5, 7, 16, 17 14 McClellan Park   McClellan Jet Services 9/12/2022 280,839 4.1%   Northrop Grumman Systems 254,511 (12/31/2021); 4,857 (7/31/2022); 8,250 (11/30/2022) 267,618 3.9%   $0 $0 $0
Loan 8, 18 15 111 Fourth Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   16 Extra Space Storage - DC   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $893 $0
Loan 13, 19 17 12900 I Street   Brazilian Consortium of Stones 5/31/2022 15,876 2.6%   N/A N/A N/A N/A   $0 $11,787 $0
Loan   18 ASM America HQ   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 20 19 Chapel Lakes   N/A N/A N/A N/A   N/A N/A N/A N/A   $400,000 $4,015 $0
Loan   20 Candlewood Apartments & Country Villas   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $5,275 $0
Loan   21 El Paseo   Davies Inc./ Perceptioneering 5/31/2023 4,784 8.3%   Coach, Inc. 8/31/2022 3,104 5.4%   $0 $1,082 $38,967
Loan   22 Olin Technology Administration Center   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $833 $0
Loan 6 23 North Austin Portfolio                       $0 $1,025 $61,502
Property   23.01 Cold Springs Marketplace   Smile Doctors 8/31/2022 2,757 5.3%   Transform Boot Camp 5/31/2022 2,726 5.2%        
Property   23.02 Old Settlers Market   Round Rock Karate Academy 8/28/2025 1,950 6.6%   Craft and Racked Wine Bar 4/30/2024 1,849 6.2%        
Loan 18 24 Towne House Village North Owners, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   25 2 Boston Post Road   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,147 $0
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX                       $0 $0 $0
Property   26.01 2389 East Windmill   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   26.02 12601 Tech Ridge Boulevard   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   26.03 850 43rd Avenue Southwest   N/A N/A N/A N/A   N/A N/A N/A N/A        
Loan 18 27 Valerie Arms Apartment Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 28 Blossom Gardens Apartments, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   29 Extra Space Storage - Lompoc, CA   N/A N/A N/A N/A   N/A N/A N/A N/A   $22,250 $838 $31,150
Loan   30 A Storage Place – Fort Collins   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,019 $36,675
Loan   31 Foley Cubesmart   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $577 $20,775
Loan   32 Lowe’s Cromwell   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 6, 21 33 CVS-Walgreens Portfolio                       $0 $386 $9,238
Property   33.01 Walgreens   N/A N/A N/A N/A   N/A N/A N/A N/A        
Property   33.02 CVS   N/A N/A N/A N/A   N/A N/A N/A N/A        
Loan   34 Winding Way Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,521 $0
Loan 22 35 Yuba City 99 Self Storage   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,198 $43,143
Loan   36 Summer Haven MHP   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $442 $0
Loan   37 Lockaway Self Storage - Castro Valley, CA   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $420 $0
Loan   38 CVS Bartlesville OK   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $165 $1,984
Loan   39 WAG - Aurora, CO   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   40 Woodland Park Self Storage, Sheridan, WY     N/A N/A N/A N/A   N/A N/A N/A N/A   $30,000 $1,555 $0
Loan 13 41 Holiday Acres MHP   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $571 $0
Loan 8 42 52 Ludlow Street   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $208 $0

 

 

A-1-17

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name   4th Largest Tenant 4th Largest
Tenant Lease
Expiration(4)		 4th Largest
Tenant NSF 		4th Largest
Tenant
% of NSF		   5th Largest Tenant 5th Largest
Tenant Lease
Expiration(4)		 5th Largest
Tenant NSF 		5th Largest
Tenant
% of NSF		   Upfront
Replacement
Reserves 		Monthly
Replacement
Reserves		 Replacement
Reserve Cap
Loan   43 Stuff Ur Storage Henderson, NV   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,138 $40,955
Loan 23 44 16680 Valley View Avenue Data Center   N/A N/A N/A N/A   N/A N/A N/A N/A   $33,058 $0 $0
Loan 18 45 Tee-Lex Operating Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 46 30 Clinton Place Owners, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   47 Gold Creek Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $1,605 $0
Loan   48 Storelocal  - Coeur d’Alene, ID   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $795 $28,620
Loan 18 49 Larchmont Gables Apartment Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 13, 18 50 305 Equities Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   51 Glenview Mobile Lodge Community   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $213 $0
Loan 18 52 511 West 232nd Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 53 Shore Lane Arms Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 8, 13 54 69 Meserole Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $167 $4,000
Loan 18 55 267 W. 89 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 56 169 Spring Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 57 14 Jay Street Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 58 327-329 4th St. Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 59 210 Equities Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 60 39-75 56th Street Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan   61 Squaw Valley Mobile Home Community   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $208 $0
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 63 Parkway Owners Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0
Loan 18 64 91 Tenants Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A   $0 $0 $0

 

 

A-1-18

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Upfront TI/LC
 Reserves 		Monthly TI/LC
Reserves		 TI/LC
Reserve Cap		 Upfront Tax
 Reserves 		Monthly Tax
 Reserves		 Upfront
Insurance Reserves 		Monthly
Insurance
Reserves		 Upfront
Deferred Maint.
Reserve 		Initial Other
Reserves		 Ongoing Other
Reserves		 Other Reserves Description   Appraisal
Report Date 		Environmental
Phase I
Report Date 		Environmental
Phase II
Report Date
Loan 5, 9 1 Pathline Park 9 & 10 $0 $0 $0 $0 $0 $0 $0 $0 $11,354,383 $0 Rent Concession Reserve; Remaining Construction Payments Reserve   1/21/2021 1/15/2021 N/A
Loan 5, 10 2 Miami Design District $4,907,050 $82,849 $0 $2,100,000 $525,000 $0 $0 $0 $12,199,307 $0 Debt Service Reserve; Free Rent Reserve; Gap Rent Reserve   2/28/2020 2/20/2020 N/A
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio $0 $0 $0 $0 $0 $0 $0 $750,000 $0 $0 N/A        
Property   3.01 Houston - Katy Fwy                         1/20/2021 1/11/2021 N/A
Property   3.02 Santa Maria - Skyway Dr                         1/21/2021 1/28/2021 N/A
Property   3.03 Redlands – Alabama St                         2/9/2021 12/18/2020 N/A
Property   3.04 Sacramento - Franklin Blvd                         1/22/2021 2/2/2021 2/2/2021
Property   3.05 Dallas - Northwest Hwy                         1/20/2021 12/18/2020 N/A
Property   3.06 Sacramento - 5051 Perry Ave                         1/22/2021 12/18/2020 N/A
Property   3.07 Chicago - 95th St                         1/20/2021 12/21/2020 N/A
Property   3.08 Chicago - West Addison                         2/4/2021 12/22/2020 N/A
Property   3.09 Tracy - 787 E 11th St                         1/21/2021 12/18/2020 N/A
Property   3.10 Tracy - 780 E 11th St                         1/21/2021 12/18/2020 N/A
Property   3.11 Fredericksburg - 5219 Plank Rd                         1/20/2021 12/18/2020 N/A
Property   3.12 North Aurora - Lincolnway                         2/5/2021 12/22/2020 N/A
Property   3.13 Spring - I-45 North                         1/20/2021 1/7/2021 N/A
Property   3.14 Chicago - Pulaski Rd                         1/21/2021 12/22/2020 N/A
Property   3.15 El Paso - Desert Blvd                         1/20/2021 12/22/2020 N/A
Property   3.16 Mt Pleasant - Bowman Rd                         2/9/2021 12/18/2020 N/A
Loan 5, 8 4 605 Third Avenue $1,092,905 $0 $4,000,000 $0 $0 $0 $0 $0 $934,456 $0 Free Rent   11/5/2020 10/27/2020 N/A
Loan 12 5 530 Seventh Avenue Fee $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   2/10/2021 2/3/2021 N/A
Loan 6 6 ExchangeRight Net Leased Portfolio #43 $500,000 $0 $0 $61,475 $13,730 $0 $0 $39,298 $12,500 $0 Water Treatment Reserve        
Property   6.01 Lowe’s - Dalton (Cleveland), GA                         1/14/2021 1/25/2021 N/A
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND                         1/14/2021 1/4/2021 N/A
Property   6.03 Tractor Supply - Patterson (Rte-311), NY                         1/21/2021 11/12/2020 N/A
Property   6.04 Walgreens (Grand) - Ames, IA                         1/14/2021 11/24/2020 N/A
Property   6.05 Walgreens - Baltimore (Liberty), MD                         1/14/2021 12/15/2020 N/A
Property   6.06 Walgreens - Independence (East 23rd), MO                         1/14/2021 12/16/2020 N/A
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC                         1/15/2021 1/6/2021 N/A
Property   6.08 Walgreens - Skokie (Skokie), IL                         1/14/2021 12/30/2020 N/A
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN                         1/14/2021 1/6/2021 N/A
Property   6.10 M&T Bank - Rochester (Latta), NY                         1/19/2021 1/14/2021 N/A
Property   6.11 Fresenius Medical Care - Walker (Walker), LA                         1/20/2021 12/31/2020 N/A
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN                         1/22/2021 12/30/2020 N/A
Property   6.13 Sherwin Williams - Bloomington (Gates), IN                         1/26/2021 1/4/2021 N/A
Property   6.14 Dollar Tree - Midland (Big Spring), TX                         1/14/2021 11/24/2020 N/A
Property   6.15 Sherwin Williams - Hamilton (Walden), OH                         1/25/2021 12/30/2020 N/A
Loan 5, 6, 7, 11 7 Boca Office Portfolio $1,500,000 $42,877 $3,000,000 $609,758 $152,439 $1,008,948 $84,079 $18,755 $1,217,750 $0 DS Reserve; Environmental Reserve; Unfunded Obligations Reserve        
Property   7.01 Boardwalk @ 18th                         12/17/2020 2/19/2020 N/A
Property   7.02 Fountains Center                         2/5/2021 2/21/2020 N/A
Property   7.03 City National Park                         2/5/2021 2/20/2020 N/A
Property   7.04 Grove Centre                         12/17/2020 2/22/2020 N/A
Loan   8 Park Del Amo $840,000 $17,100 $840,000 $0 $41,374 $0 $0 $65,000 $202,725 $0 Existing TI Reserve; Free Rent Reserve   2/24/2021 1/29/2021 N/A
Loan 13 9 Lakeshore Business Center $0 $24,759 $375,000 $160,953 $53,651 $174,609 $14,551 $14,688 $1,172,173 $0 Existing TI/LC Funds   2/2/2021 12/17/2020 N/A
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio $0 $0 $0 $62,972 $20,890 $0 $0 $182,063 $0 $0 N/A        
Property   10.01 Siegel Suites – San Antonio, TX                         1/21/2021 10/30/2020 N/A
Property   10.02 Siegel Select – Albuquerque, NM                         1/14/2021 10/29/2020 N/A
Property   10.03 Siegel Select – Bossier City, LA                         1/14/2021 10/30/2020 N/A
Property   10.04 Siegel Suites – Holland, OH                         1/12/2021 11/9/2020 N/A
Loan 7, 14, 15 11 250 Bedford Avenue $45,000 $0 $43,786 $0 $5,592 $0 $0 $0 $125,000 $0 Parking Reserve   12/22/2020 12/10/2020 N/A
Loan 6, 7 12 Lake Region Portfolio $0 $0 $0 $217,960 $43,592 $0 $0 $0 $83,000 $0 Environmental Reserve        
Property   12.01 US Storage Centers - Duluth                         10/21/2020 9/18/2020 N/A
Property   12.02 US Storage Centers - St. Paul                         10/15/2020 9/18/2020 N/A
Property   12.03 US Storage Centers - Brainerd                         10/15/2020 4/2/2020 N/A
Property   12.04 US Storage Centers - Pine Tree                         10/15/2020 3/27/2020 N/A
Loan 7 13 Heath Town Center $0 $0 $233,007 $15,666 $5,222 $0 $0 $6,250 $170,120 $0 Debt Service Reserve   1/6/2021 12/23/2020 N/A
Loan 5, 7, 16, 17 14 McClellan Park $0 $0 $0 $0 $0 $0 $0 $0 $6,190,922 $0 Development Agency Loan Reserve; Rent Concession Reserve; Tenant Specific TILC Reserve   10/15/2020 Various N/A
Loan 8, 18 15 111 Fourth Avenue $0 $0 $0 $364,985 $182,492 $13,968 $6,984 $21,000 $1,000,000 $0 Facade Reserve   1/7/2021 12/18/2020 N/A
Loan   16 Extra Space Storage - DC $0 $0 $0 $54,238 $9,040 $0 $2,109 $0 $0 $0 N/A   12/23/2020 12/21/2020 N/A
Loan 13, 19 17 12900 I Street $0 $15,184 $728,850 $167,048 $23,864 $0 $0 $22,500 $71,975 $0 Rent Concession Reserve   2/19/2021 3/31/2020 N/A
Loan   18 ASM America HQ $0 $0 $0 $24,003 $24,003 $0 $0 $0 $2,829,262 $0 Rent Concession Reserve; Renewal Reserve Letter of Credit   1/6/2021 12/30/2020 N/A
Loan 20 19 Chapel Lakes $0 $0 $0 $17,754 $5,918 $0 $0 $0 $0 $0 N/A   12/4/2020 1/5/2021 N/A
Loan   20 Candlewood Apartments & Country Villas $0 $0 $0 $63,104 $15,776 $0 $6,896 $1,938 $0 $0 N/A   12/14/2020 11/18/2020; 11/19/2020 N/A
Loan   21 El Paseo $0 $4,807 $288,435 $0 $14,335 $0 $0 $0 $529,234 $0 Debt Service Reserve; Rent Concession Reserve; Gap Rent Reserve   1/28/2021 10/30/2020 N/A
Loan   22 Olin Technology Administration Center $0 $0 $0 $21,476 $4,295 $0 $0 $0 $0 $0 N/A   1/11/2021 11/17/2020 N/A
Loan 6 23 North Austin Portfolio $250,000 $0 $250,000 $60,744 $30,372 $6,876 $3,438 $0 $58,184 $0 Outstanding TI/LC        
Property   23.01 Cold Springs Marketplace                         1/11/2021 12/30/2020 N/A
Property   23.02 Old Settlers Market                         1/11/2021 12/30/2020 N/A
Loan 18 24 Towne House Village North Owners, Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   1/19/2021 12/24/2020 N/A
Loan   25 2 Boston Post Road $0 $0 $0 $55,244 $13,811 $6,908 $3,454 $0 $0 $0 N/A   2/2/2021 2/3/2021 N/A
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Springing Excess Cash Flow Reserve; Springing Dark Tenant Reserve        
Property   26.01 2389 East Windmill                         2/22/2021 11/3/2020 N/A
Property   26.02 12601 Tech Ridge Boulevard                         2/16/2021 12/23/2020 N/A
Property   26.03 850 43rd Avenue Southwest                         2/16/2021 1/26/2021 N/A
Loan 18 27 Valerie Arms Apartment Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   1/20/2021 1/4/2021 N/A
Loan 18 28 Blossom Gardens Apartments, Inc. $0 $0 $0 $143,988 $47,996 $0 $0 $0 $75,000 $0 Collateral Security Agreement For Capital Improvements   12/14/2020 11/30/2020 N/A
Loan   29 Extra Space Storage - Lompoc, CA $0 $0 $0 $5,138 $5,138 $0 $0 $0 $0 $0 N/A   1/26/2021 1/13/2021 N/A
Loan   30 A Storage Place – Fort Collins $0 $0 $0 $0 $16,429 $3,292 $823 $0 $0 $0 N/A   1/28/2021 1/12/2021 N/A
Loan   31 Foley Cubesmart $0 $0 $0 $10,270 $2,054 $0 $0 $0 $0 $0 N/A   12/18/2020 12/11/2020 N/A
Loan   32 Lowe’s Cromwell $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   12/3/2020 11/24/2020 N/A
Loan 6, 21 33 CVS-Walgreens Portfolio $0 $857 $51,440 $0 $0 $140 $70 $0 $0 $0 N/A        
Property   33.01 Walgreens                         12/5/2020 12/7/2020 N/A
Property   33.02 CVS                         11/21/2020 8/25/2020 N/A
Loan   34 Winding Way Apartments $0 $0 $0 $20,536 $6,845 $17,445 $2,070 $0 $0 $0 N/A   12/15/2020 12/8/2020 N/A
Loan 22 35 Yuba City 99 Self Storage $0 $0 $0 $13,644 $6,822 $8,010 $1,602 $3,375 $750 $0 Environmental Reserve   1/4/2021 12/22/2020 N/A
Loan   36 Summer Haven MHP $0 $0 $0 $16,147 $5,383 $8,502 $1,417 $5,719 $0 $0 N/A   2/24/2021 12/18/2020 N/A
Loan   37 Lockaway Self Storage - Castro Valley, CA $0 $0 $0 $0 $9,779 $0 $0 $4,500 $15,000 $0 Sign Reserve   10/28/2020 10/9/2020 N/A
Loan   38 CVS Bartlesville OK $0 $0 $0 $6,202 $3,101 $0 $0 $1,875 $0 $0 N/A   12/21/2020 12/8/2020 N/A
Loan   39 WAG - Aurora, CO $0 $0 $0 $0 $0 $410 $410 $0 $0 $0 Springing Cash Trap Avoidance Reserve   1/20/2021 12/11/2020 N/A
Loan   40 Woodland Park Self Storage, Sheridan, WY   $0 $0 $0 $0 $1,729 $0 $0 $31,438 $0 $0 N/A   12/16/2020 12/7/2020 N/A
Loan 13 41 Holiday Acres MHP $0 $0 $0 $6,788 $1,697 $11,440 $1,040 $17,631 $0 $0 N/A   1/5/2021 12/18/2020 N/A
Loan 8 42 52 Ludlow Street $0 $0 $0 $11,468 $2,867 $5,180 $740 $0 $75,966 $0 Debt Service Reserve   1/13/2021 1/8/2021 N/A

 

 

A-1-19

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Upfront TI/LC
 Reserves 		Monthly TI/LC
Reserves		 TI/LC
Reserve Cap		 Upfront Tax
 Reserves 		Monthly Tax
 Reserves		 Upfront
Insurance Reserves 		Monthly
Insurance
Reserves		 Upfront
Deferred Maint.
Reserve 		Initial Other
Reserves		 Ongoing Other
Reserves		 Other Reserves Description   Appraisal
Report Date 		Environmental
Phase I
Report Date 		Environmental
Phase II
Report Date
Loan   43 Stuff Ur Storage Henderson, NV $0 $0 $0 $2,600 $2,600 $0 $0 $0 $0 $0 N/A   1/6/2021 12/16/2020 N/A
Loan 23 44 16680 Valley View Avenue Data Center $165,290 $0 $0 $97,827 $6,067 $0 $0 $0 $0 $0 N/A   1/6/2021 11/19/2020 N/A
Loan 18 45 Tee-Lex Operating Inc. $0 $0 $0 $0 $0 $0 $0 $0 $1,250,000 $0 Collateral Security Agreement For Capital Improvements   11/30/2020 11/20/2020 N/A
Loan 18 46 30 Clinton Place Owners, Inc. $0 $0 $0 $61,592 $11,130 $0 $0 $0 $750,000 $0 Collateral Security Agreement Re: Balcony Repairs; Collateral Security Agreement For Capital Improvements   11/18/2020 12/9/2020 N/A
Loan   47 Gold Creek Apartments $0 $0 $0 $15,184 $5,061 $6,220 $1,637 $0 $0 $0 N/A   12/8/2020 12/8/2020 N/A
Loan   48 Storelocal  - Coeur d’Alene, ID $0 $0 $0 $5,832 $1,458 $2,104 $421 $0 $0 $0 N/A   12/29/2020 12/22/2020 N/A
Loan 18 49 Larchmont Gables Apartment Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   11/30/2020 11/16/2020 N/A
Loan 13, 18 50 305 Equities Corp. $0 $0 $0 $0 $0 $0 $0 $0 $200,000 $0 Collateral Security Agreement For Capital Improvements   1/21/2021 1/4/2021 N/A
Loan   51 Glenview Mobile Lodge Community $0 $0 $0 $3,771 $3,771 $5,468 $1,401 $137,187 $0 $0 N/A   1/7/2021 12/16/2020 N/A
Loan 18 52 511 West 232nd Owners Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   1/20/2021 1/12/2021 N/A
Loan 18 53 Shore Lane Arms Owners Corp. $0 $0 $0 $114,879 $38,293 $0 $0 $0 $200,000 $0 Collateral Security Agreement Re: Maintenance Arrears   10/6/2020 9/10/2020 N/A
Loan 8, 13 54 69 Meserole Avenue $0 $0 $0 $1,233 $1,233 $492 $492 $5,875 $0 $0 N/A   12/16/2020 11/9/2020 N/A
Loan 18 55 267 W. 89 Owners Corp. $0 $0 $0 $0 $0 $0 $0 $0 $200,000 $0 Collateral Security Agreement For Capital Improvements   1/10/2021 12/3/2020 N/A
Loan 18 56 169 Spring Owners Corp. $0 $0 $0 $146,566 $36,642 $0 $0 $0 $300,000 $0 Collateral Security Agreement For Capital Improvements   9/1/2020 8/26/2020 N/A
Loan 18 57 14 Jay Street Owners Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   1/10/2021 12/18/2020 N/A
Loan 18 58 327-329 4th St. Owners Corp. $0 $0 $0 $3,498 $874 $0 $0 $0 $650,000 $0 Collateral Security Agreement For Capital Improvements   1/15/2021 1/7/2021 N/A
Loan 18 59 210 Equities Corp. $0 $0 $0 $67,641 $22,547 $0 $0 $0 $0 $0 N/A   12/10/2020 11/20/2020 N/A
Loan 18 60 39-75 56th Street Owners Corp. $0 $0 $0 $8,781 $8,781 $0 $0 $0 $0 $0 N/A   1/12/2021 12/18/2020 N/A
Loan   61 Squaw Valley Mobile Home Community $0 $0 $0 $0 $99 $1,581 $527 $11,500 $0 $0 N/A   2/23/2021 12/11/2020 N/A
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. $0 $0 $0 $0 $0 $0 $0 $0 $400,000 $0 Collateral Security Agreement For Capital Improvements   11/18/2020 11/5/2020 N/A
Loan 18 63 Parkway Owners Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 N/A   2/18/2021 2/9/2021 N/A
Loan 18 64 91 Tenants Corp. $0 $0 $0 $12,098 $6,049 $0 $0 $0 $0 $0 N/A   2/22/2021 2/9/2021 N/A

 

 

A-1-20

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Engineering
Report Date 		Seismic
Report Date		 Seismic Zone (Y/N) PML % Cut-off Date
Pari Passu Mortgage
Debt Balance		 Coop - Committed Secondary Debt 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		 Total Debt
Cut-off Date
LTV Ratio		 Total
Debt UW
NCF DSCR		 Total Debt
UW NOI
Debt Yield		 Coop - Rental Value
Loan 5, 9 1 Pathline Park 9 & 10 1/6/2021 1/6/2021 Yes - 4 Buildings-9%; Parking-10% $40,000,000     51.8% 3.87x 10.2%          
Loan 5, 10 2 Miami Design District 2/20/2020 N/A No N/A $310,000,000   $100,000,000 58.4% 1.72x 7.4%          
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio         $18,000,000     57.9% 2.56x 8.8%          
Property   3.01 Houston - Katy Fwy 12/10/2020 N/A No N/A                      
Property   3.02 Santa Maria - Skyway Dr 12/21/2020 1/20/2021 Yes - 4 3.0%                      
Property   3.03 Redlands – Alabama St 12/14/2020 1/19/2021 Yes - 4 10.0%                      
Property   3.04 Sacramento - Franklin Blvd 12/29/2020 1/20/2021 Yes - 3 3.0%                      
Property   3.05 Dallas - Northwest Hwy 1/21/2021 N/A No N/A                      
Property   3.06 Sacramento - 5051 Perry Ave 12/31/2020 1/20/2021 Yes - 3 3.0%                      
Property   3.07 Chicago - 95th St 12/14/2020 N/A No N/A                      
Property   3.08 Chicago - West Addison 12/23/2020 N/A No N/A                      
Property   3.09 Tracy - 787 E 11th St 12/28/2020 1/19/2021 Yes - 3 8.0%                      
Property   3.10 Tracy - 780 E 11th St 12/22/2020 1/19/2021 Yes - 3 10.0%                      
Property   3.11 Fredericksburg - 5219 Plank Rd 1/5/2021 N/A No N/A                      
Property   3.12 North Aurora - Lincolnway 12/22/2020 N/A No N/A                      
Property   3.13 Spring - I-45 North 12/4/2020 N/A No N/A                      
Property   3.14 Chicago - Pulaski Rd 1/3/2021 N/A No N/A                      
Property   3.15 El Paso - Desert Blvd 12/23/2020 N/A No N/A                      
Property   3.16 Mt Pleasant - Bowman Rd 1/5/2021 N/A No N/A                      
Loan 5, 8 4 605 Third Avenue 10/27/2020 N/A No N/A $160,000,000   $78,000,000 45.1% 4.30x 10.4% $91,000,000 58.4% 2.58x 8.0%  
Loan 12 5 530 Seventh Avenue Fee 2/3/2021 N/A No N/A                      
Loan 6 6 ExchangeRight Net Leased Portfolio #43                              
Property   6.01 Lowe’s - Dalton (Cleveland), GA 1/25/2021 N/A No N/A                      
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND 1/4/2021 N/A No N/A                      
Property   6.03 Tractor Supply - Patterson (Rte-311), NY 11/19/2020 N/A No N/A                      
Property   6.04 Walgreens (Grand) - Ames, IA 11/24/2020 N/A No N/A                      
Property   6.05 Walgreens - Baltimore (Liberty), MD 12/15/2020 N/A No N/A                      
Property   6.06 Walgreens - Independence (East 23rd), MO 12/16/2020 N/A No N/A                      
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC 1/6/2021 N/A No N/A                      
Property   6.08 Walgreens - Skokie (Skokie), IL 1/19/2021 N/A No N/A                      
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN 1/6/2021 N/A No N/A                      
Property   6.10 M&T Bank - Rochester (Latta), NY 1/14/2021 N/A No N/A                      
Property   6.11 Fresenius Medical Care - Walker (Walker), LA 1/11/2021 N/A No N/A                      
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN 1/19/2021 N/A No N/A                      
Property   6.13 Sherwin Williams - Bloomington (Gates), IN 1/4/2021 N/A No N/A                      
Property   6.14 Dollar Tree - Midland (Big Spring), TX 11/24/2020 N/A No N/A                      
Property   6.15 Sherwin Williams - Hamilton (Walden), OH 12/30/2020 N/A No N/A                      
Loan 5, 6, 7, 11 7 Boca Office Portfolio         $69,300,000     63.5% 2.46x 10.6%          
Property   7.01 Boardwalk @ 18th 2/20/2020 N/A No N/A                      
Property   7.02 Fountains Center 2/20/2020 N/A No N/A                      
Property   7.03 City National Park 2/20/2020 N/A No N/A                      
Property   7.04 Grove Centre 2/20/2020 N/A No N/A                      
Loan   8 Park Del Amo 1/29/2021 1/29/2021 Yes - 4 12.0%                      
Loan 13 9 Lakeshore Business Center 12/17/2020 N/A No N/A                      
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio                              
Property   10.01 Siegel Suites – San Antonio, TX 10/30/2020 N/A No N/A                      
Property   10.02 Siegel Select – Albuquerque, NM 10/29/2020 N/A No N/A                      
Property   10.03 Siegel Select – Bossier City, LA 10/29/2020 N/A No N/A                      
Property   10.04 Siegel Suites – Holland, OH 11/10/2020 N/A No N/A                      
Loan 7, 14, 15 11 250 Bedford Avenue 12/10/2020 N/A No N/A                      
Loan 6, 7 12 Lake Region Portfolio                              
Property   12.01 US Storage Centers - Duluth 3/25/2020 N/A No N/A                      
Property   12.02 US Storage Centers - St. Paul 3/25/2020 N/A No N/A                      
Property   12.03 US Storage Centers - Brainerd 3/24/2020 N/A No N/A                      
Property   12.04 US Storage Centers - Pine Tree 3/25/2020 N/A No N/A                      
Loan 7 13 Heath Town Center 12/23/2020 N/A No N/A                      
Loan 5, 7, 16, 17 14 McClellan Park 9/30/2020 9/30/2020 Yes - 3 9.0% $341,400,000     60.2% 2.90x 10.5%          
Loan 8, 18 15 111 Fourth Avenue 12/21/2020 N/A No N/A   N/A                 $70,000,000
Loan   16 Extra Space Storage - DC 12/21/2020 N/A No N/A                      
Loan 13, 19 17 12900 I Street 3/31/2020 N/A No N/A                      
Loan   18 ASM America HQ 12/30/2020 N/A No N/A                      
Loan 20 19 Chapel Lakes 1/5/2021 N/A No N/A                      
Loan   20 Candlewood Apartments & Country Villas 11/18/2020; 11/19/2020 N/A No N/A                      
Loan   21 El Paseo 10/30/2020 10/30/2020 Yes - 4 18.0%                      
Loan   22 Olin Technology Administration Center 11/17/2020 N/A No N/A                      
Loan 6 23 North Austin Portfolio                              
Property   23.01 Cold Springs Marketplace 12/30/2020 N/A No N/A                      
Property   23.02 Old Settlers Market 12/30/2020 N/A No N/A                      
Loan 18 24 Towne House Village North Owners, Inc. 12/24/2020 N/A No N/A   $500,000 $375,000 26.4% 7.45x 24.6%         $44,400,000
Loan   25 2 Boston Post Road 2/3/2021 N/A No N/A                      
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX                              
Property   26.01 2389 East Windmill 2/10/2021 N/A No N/A                      
Property   26.02 12601 Tech Ridge Boulevard 2/10/2021 N/A No N/A                      
Property   26.03 850 43rd Avenue Southwest 2/10/2021 N/A No N/A                      
Loan 18 27 Valerie Arms Apartment Corp. 1/4/2021 N/A No N/A   $500,000   16.3% 5.29x 26.9%         $46,000,000
Loan 18 28 Blossom Gardens Apartments, Inc. 12/2/2020 N/A No N/A   $500,000   12.6% 5.88x 26.5%         $40,900,000
Loan   29 Extra Space Storage - Lompoc, CA 1/13/2021 1/13/2021 Yes - 4 3%                      
Loan   30 A Storage Place – Fort Collins 1/8/2021 N/A No N/A                      
Loan   31 Foley Cubesmart 12/11/2020 N/A No N/A                      
Loan   32 Lowe’s Cromwell 11/24/2020 N/A No N/A                      
Loan 6, 21 33 CVS-Walgreens Portfolio                              
Property   33.01 Walgreens 12/7/2020 N/A No N/A                      
Property   33.02 CVS 12/15/2020 N/A No N/A                      
Loan   34 Winding Way Apartments 12/8/2020 12/8/2020 Yes - 3 6.0%                      
Loan 22 35 Yuba City 99 Self Storage 12/22/2020 12/22/2020 Yes - 3 2.0%                      
Loan   36 Summer Haven MHP 12/18/2020 N/A No N/A                      
Loan   37 Lockaway Self Storage - Castro Valley, CA 10/9/2020 10/9/2020 Yes - 4 10.0%                      
Loan   38 CVS Bartlesville OK 12/8/2020 N/A No N/A                      
Loan   39 WAG - Aurora, CO 12/15/2020 N/A No N/A                      
Loan   40 Woodland Park Self Storage, Sheridan, WY   12/7/2020 N/A No N/A                      
Loan 13 41 Holiday Acres MHP 12/18/2020 N/A No N/A                      
Loan 8 42 52 Ludlow Street 1/8/2021 N/A No N/A                      

 

 

A-1-21

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Engineering
Report Date 		Seismic
Report Date		 Seismic Zone (Y/N) PML % Cut-off Date
Pari Passu Mortgage
Debt Balance		 Coop - Committed Secondary Debt 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		 Total Debt
Cut-off Date
LTV Ratio		 Total
Debt UW
NCF DSCR		 Total Debt
UW NOI
Debt Yield		 Coop - Rental Value
Loan   43 Stuff Ur Storage Henderson, NV 12/16/2020 N/A No N/A                      
Loan 23 44 16680 Valley View Avenue Data Center 11/19/2020 11/17/2020 Yes - 4 15%                      
Loan 18 45 Tee-Lex Operating Inc. 11/23/2020 N/A No N/A   $250,000   9.4% 8.71x 28.8%         $22,400,000
Loan 18 46 30 Clinton Place Owners, Inc. 12/11/2020 N/A No N/A   $250,000   41.4% 4.56x 15.6%         $10,100,000
Loan   47 Gold Creek Apartments 12/8/2020 12/8/2020 Yes - 3 6.0%                      
Loan   48 Storelocal  - Coeur d’Alene, ID 12/22/2020; 12/23/2020 N/A No N/A                      
Loan 18 49 Larchmont Gables Apartment Corp. 11/17/2020 N/A No N/A   $350,000   28.1% 4.46x 23.0%         $15,400,000
Loan 13, 18 50 305 Equities Corp. 1/4/2021 N/A No N/A   $500,000   7.6% 3.85x 19.1%         $12,300,000
Loan   51 Glenview Mobile Lodge Community 12/21/2020 1/18/2021 Yes - 4 4%                      
Loan 18 52 511 West 232nd Owners Corp. 1/13/2021 N/A No N/A   $500,000   17.4% 6.03x 30.1%         $14,700,000
Loan 18 53 Shore Lane Arms Owners Corp. 9/14/2020 N/A No N/A   $500,000   7.2% 8.20x 41.9%         $21,000,000
Loan 8, 13 54 69 Meserole Avenue 11/9/2020 N/A No N/A                      
Loan 18 55 267 W. 89 Owners Corp. 12/4/2020 N/A No N/A   $500,000   6.2% 12.58x 42.7%         $20,000,000
Loan 18 56 169 Spring Owners Corp. 8/27/2020 N/A No N/A   $250,000   3.6% 18.79x 97.5%         $39,400,000
Loan 18 57 14 Jay Street Owners Corp. 12/22/2020 N/A No N/A   N/A                 $8,600,000
Loan 18 58 327-329 4th St. Owners Corp. 1/4/2021 N/A No N/A   N/A                 $4,520,000
Loan 18 59 210 Equities Corp. 11/24/2020 N/A No N/A   $250,000   6.5% 9.67x 49.5%         $16,900,000
Loan 18 60 39-75 56th Street Owners Corp. 12/22/2020 N/A No N/A   $500,000   13.0% 6.98x 31.6%         $11,400,000
Loan   61 Squaw Valley Mobile Home Community 12/11/2020 N/A No N/A                      
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. 11/10/2020 N/A No N/A   N/A                 $99,100,000
Loan 18 63 Parkway Owners Inc. 2/9/2021 N/A No N/A   $300,000   18.0% 3.87x 40.3%         $9,800,000
Loan 18 64 91 Tenants Corp. 2/11/2021 N/A No N/A   $200,000   21.3% 3.87x 13.6%         $3,200,000

 

 

A-1-22

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/
Investor Carry
Loan 5, 9 1 Pathline Park 9 & 10            
Loan 5, 10 2 Miami Design District            
Loan 5, 6, 7, 11 3 Extra Space Rock ‘N Roll Self Storage Portfolio            
Property   3.01 Houston - Katy Fwy            
Property   3.02 Santa Maria - Skyway Dr            
Property   3.03 Redlands – Alabama St            
Property   3.04 Sacramento - Franklin Blvd            
Property   3.05 Dallas - Northwest Hwy            
Property   3.06 Sacramento - 5051 Perry Ave            
Property   3.07 Chicago - 95th St            
Property   3.08 Chicago - West Addison            
Property   3.09 Tracy - 787 E 11th St            
Property   3.10 Tracy - 780 E 11th St            
Property   3.11 Fredericksburg - 5219 Plank Rd            
Property   3.12 North Aurora - Lincolnway            
Property   3.13 Spring - I-45 North            
Property   3.14 Chicago - Pulaski Rd            
Property   3.15 El Paso - Desert Blvd            
Property   3.16 Mt Pleasant - Bowman Rd            
Loan 5, 8 4 605 Third Avenue            
Loan 12 5 530 Seventh Avenue Fee            
Loan 6 6 ExchangeRight Net Leased Portfolio #43            
Property   6.01 Lowe’s - Dalton (Cleveland), GA            
Property   6.02 Natural Grocers - Grand Forks (32nd Avenue), ND            
Property   6.03 Tractor Supply - Patterson (Rte-311), NY            
Property   6.04 Walgreens (Grand) - Ames, IA            
Property   6.05 Walgreens - Baltimore (Liberty), MD            
Property   6.06 Walgreens - Independence (East 23rd), MO            
Property   6.07 Fresenius Medical Care - Cary (Stamford), NC            
Property   6.08 Walgreens - Skokie (Skokie), IL            
Property   6.09 Tractor Supply - Anderson (Scatterfield), IN            
Property   6.10 M&T Bank - Rochester (Latta), NY            
Property   6.11 Fresenius Medical Care - Walker (Walker), LA            
Property   6.12 Sherwin Williams - Noblesville (Sunny), IN            
Property   6.13 Sherwin Williams - Bloomington (Gates), IN            
Property   6.14 Dollar Tree - Midland (Big Spring), TX            
Property   6.15 Sherwin Williams - Hamilton (Walden), OH            
Loan 5, 6, 7, 11 7 Boca Office Portfolio            
Property   7.01 Boardwalk @ 18th            
Property   7.02 Fountains Center            
Property   7.03 City National Park            
Property   7.04 Grove Centre            
Loan   8 Park Del Amo            
Loan 13 9 Lakeshore Business Center            
Loan 6, 7, 13 10 Southern Flexible–Apartment Portfolio            
Property   10.01 Siegel Suites – San Antonio, TX            
Property   10.02 Siegel Select – Albuquerque, NM            
Property   10.03 Siegel Select – Bossier City, LA            
Property   10.04 Siegel Suites – Holland, OH            
Loan 7, 14, 15 11 250 Bedford Avenue            
Loan 6, 7 12 Lake Region Portfolio            
Property   12.01 US Storage Centers - Duluth            
Property   12.02 US Storage Centers - St. Paul            
Property   12.03 US Storage Centers - Brainerd            
Property   12.04 US Storage Centers - Pine Tree            
Loan 7 13 Heath Town Center            
Loan 5, 7, 16, 17 14 McClellan Park            
Loan 8, 18 15 111 Fourth Avenue 21.4%         N/A
Loan   16 Extra Space Storage - DC            
Loan 13, 19 17 12900 I Street            
Loan   18 ASM America HQ            
Loan 20 19 Chapel Lakes            
Loan   20 Candlewood Apartments & Country Villas            
Loan   21 El Paseo            
Loan   22 Olin Technology Administration Center            
Loan 6 23 North Austin Portfolio            
Property   23.01 Cold Springs Marketplace            
Property   23.02 Old Settlers Market            
Loan 18 24 Towne House Village North Owners, Inc. 24.1%         N/A
Loan   25 2 Boston Post Road            
Loan 6, 7 26 Walgreens Sale-Leaseback Portfolio - NV,FL,TX            
Property   26.01 2389 East Windmill            
Property   26.02 12601 Tech Ridge Boulevard            
Property   26.03 850 43rd Avenue Southwest            
Loan 18 27 Valerie Arms Apartment Corp. 19.6% 3.6% 9     $23,152
Loan 18 28 Blossom Gardens Apartments, Inc. 18.3% 14.1% 26     $72,592
Loan   29 Extra Space Storage - Lompoc, CA            
Loan   30 A Storage Place – Fort Collins            
Loan   31 Foley Cubesmart            
Loan   32 Lowe’s Cromwell            
Loan 6, 21 33 CVS-Walgreens Portfolio            
Property   33.01 Walgreens            
Property   33.02 CVS            
Loan   34 Winding Way Apartments            
Loan 22 35 Yuba City 99 Self Storage            
Loan   36 Summer Haven MHP            
Loan   37 Lockaway Self Storage - Castro Valley, CA            
Loan   38 CVS Bartlesville OK            
Loan   39 WAG - Aurora, CO            
Loan   40 Woodland Park Self Storage, Sheridan, WY              
Loan 13 41 Holiday Acres MHP            
Loan 8 42 52 Ludlow Street            

 

 

A-1-23

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag 		Footnotes Loan ID Property Name Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/
Investor Carry
Loan   43 Stuff Ur Storage Henderson, NV            
Loan 23 44 16680 Valley View Avenue Data Center            
Loan 18 45 Tee-Lex Operating Inc. 17.9% 10.5% 10     $63,833
Loan 18 46 30 Clinton Place Owners, Inc. 39.6% 11.8% 6     -$8,626
Loan   47 Gold Creek Apartments            
Loan   48 Storelocal  - Coeur d’Alene, ID            
Loan 18 49 Larchmont Gables Apartment Corp. 22.0%         N/A
Loan 13, 18 50 305 Equities Corp. 23.6% 18.8% 9     -$93,450
Loan   51 Glenview Mobile Lodge Community            
Loan 18 52 511 West 232nd Owners Corp. 17.0% 27.3% 18     $134,150
Loan 18 53 Shore Lane Arms Owners Corp. 11.2% 9.2% 9     $68,649
Loan 8, 13 54 69 Meserole Avenue            
Loan 18 55 267 W. 89 Owners Corp. 10.0% 12.5% 4     -$46,815
Loan 18 56 169 Spring Owners Corp. 4.6%         N/A
Loan 18 57 14 Jay Street Owners Corp. 20.9%         N/A
Loan 18 58 327-329 4th St. Owners Corp. 35.4%         N/A
Loan 18 59 210 Equities Corp. 8.9% 17.9% 5     -$14,323
Loan 18 60 39-75 56th Street Owners Corp. 13.2% 17.0%   9   $61,659
Loan   61 Squaw Valley Mobile Home Community            
Loan 18 62 Woodbury Gardens Redevelopment Company Owners Corp. 1.3%         N/A
Loan 18 63 Parkway Owners Inc. 12.2% 5.9% 3     $14,758
Loan 18 64 91 Tenants Corp. 31.3%         N/A

 

 

A-1-24

 

 

  BANK 2021-BNK32
  Footnotes to Annex A-1
   
(1) MSBNA—Morgan Stanley Bank, N.A.; BANA—Bank of America, National Association; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; WFB—Wells Fargo Bank, National Association; NCB—National Cooperative Bank, N.A.; NCCB—National Consumer Cooperative Bank.
   
(2) Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest Mortgage Loans which are not in occupancy or are in free rent periods.
   
(3) The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related Mortgage Loan.
   
(4) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest Mortgage Loans.
   
(5) With respect to Mortgage Loan No 1. Pathline Park 9 & 10, Mortgage Loan No. 2, Miami Design District, Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, Mortgage Loan No. 4, 605 Third Avenue, Mortgage Loan No. 7, Boca Office Portfolio and Mortgage Loan No. 14, McClellan Park,  each such Mortgage Loan is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “The Miami Design District Pari Passu-A/B Whole Loan”,  “—The 605 Third Avenue Pari Passu-A/B Whole Loan,” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus.
   
(6) With respect to Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, Mortgage Loan No. 6, ExchangeRight Net Leased Portfolio #43, Mortgage Loan No. 7, Boca Office Portfolio, Mortgage Loan No. 10, Southern Flexible–Apartment Portfolio, Mortgage Loan No. 12, Lake Region Portfolio, Mortgage Loan No. 23, North Austin Portfolio, Mortgage Loan No. 26, Walgreens Sale-Leaseback Portfolio - NV,FL,TX and Mortgage Loan No. 33, CVS-Walgreens Portfolio, each such Mortgage Loan is secured by multiple properties.  For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods.  
   
(7) With respect to Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, Mortgage Loan No. 7, Boca Office Portfolio, Mortgage Loan No. 10, Southern Flexible–Apartment Portfolio, Mortgage Loan No. 11, 250 Bedford Avenue, Mortgage Loan No. 12, Lake Region Portfolio, Mortgage Loan No. 13, Heath Town Center, Mortgage Loan No. 14, McClellan Park and Mortgage Loan No. 26, Walgreens Sale-Leaseback Portfolio - NV,FL,TX, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Releases; Partial Releases; Property Additions” in this preliminary prospectus.
   
(8) With respect to Mortgage Loan No. 4, 605 Third Avenue, Mortgage Loan No. 15, 111 Fourth Avenue and Mortgage Loan No. 54, 69 Meserole Avenue, the related mortgage loan documents permit future subordinate secured financing or mezzanine financing and/or preferred equity generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in this preliminary prospectus.

With respect to Mortgage Loan No. 42, 52 Ludlow Street, such Mortgage Loan permits future subordinate unsecured financing, subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests.
   
(9) With respect to Mortgage Loan No. 1, Pathline Park 9 & 10, the Appraised Value represents the Prospective Market Value at Stabilization as of June 1, 2021, which assumes the sole tenant, Proofpoint Inc. (“Proofpoint”), is paying full rent.  Proofpoint is currently in a free rent period through and including May 2021, which was reserved for at origination.  The appraisal also concluded to a Market Value “as is” of $244,000,000 as of January 12, 2021. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $244,000,000 appraised value is 53.3%.
   
(10) With respect to Mortgage Loan No. 2, Miami Design District, pursuant to an amendment to the Miami Design District Whole Loan dated April 29, 2020, debt service payments owed for May, June and July 2020 were deferred and are payable on the Maturity Date or earlier repayment in full of the Miami Design District Whole Loan.

 

A-1-25

 

 

   
(11)

With respect to Mortgage Loan No. 3, Extra Space Rock ‘N Roll Self Storage Portfolio, the Appraised Value is the “as is portfolio” appraised value of the Extra Space Rock ‘N Roll Self Storage Portfolio Properties as a whole, which reflects a 6.4% premium over the aggregate of the “as-is” appraised value of the individual properties. The aggregate of the “as-is” appraised values for the individual properties as of January 11, 2021 through January 15, 2021, as applicable, is $175,290,000, which results in a Cut-off Date LTV Ratio and a Maturity Date LTV Ratio of 61.6%.

 

With respect to Mortgage Loan No. 7, Boca Office Portfolio, the Appraised Value is the “as portfolio” appraised value (inclusive of a portfolio premium of 3.5%). Based on the sum of the “as is” appraised values of $150,700,000, the Cut-off Date LTV Ratio and Maturity Date LTV Ratio are equal to 65.7%.

 

(12) With respect to Mortgage Loan No. 5, 530 Seventh Avenue Fee, the largest tenant (495,245 SF), representing 100% of net rentable SF, is an affiliate of the borrower.
   
(13)

With respect to Mortgage Loan No. 9, Lakeshore Business Center, Mortgage Loan No. 17, 12900 I Street, Mortgage Loan No. 41, Holiday Acres MHP and Mortgage Loan No. 54, 69 Meserole Avenue, the first payment date for each Mortgage Loan is May 1, 2021. On the Closing Date, MSMCH will deposit sufficient funds to pay the amount of interest that would be due with respect to an April 1, 2021 payment for each such Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional April 1, 2021 interest-only payment to be funded by MSMCH on the loan securitization Closing Date.

 

With respect to Mortgage Loan No. 10, Southern Flexible–Apartment Portfolio, the first payment for the Mortgage Loan is May 1, 2021. On the Closing Date, BANA will deposit sufficient funds to pay the amount of interest that would be due with respect to an April 1, 2021 payment. Seasoning, Prepayment Provisions, Original Term to Maturity (Mos.), Original IO Period (Mos.), First Payment Date, Remaining Term to Maturity (Mos.) and Remaining IO Period (Mos.) are inclusive of the additional April 1, 2021 interest-only payment to be funded by BANA on the Closing Date.

 

With respect to Mortgage Loan No. 50, 305 Equities Corp., the first payment date for the Mortgage Loan is May 1, 2021. On the Closing Date, NCB will deposit sufficient funds to pay the amount of interest that would be due with respect to an April 1, 2021 payment. Seasoning (mos.), Prepayment Provisions, Original Term to Maturity (mos.), Original Interest-only Period (mos.), First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional April 1, 2021 interest-only payment funded by NCB on the Closing Date.

   
(14) With respect to Mortgage Loan No. 11, 250 Bedford Avenue, all tenants except for the garage tenant are required to deposit rent directly into the lockbox. The garage unit rent will be required to be deposited by either the borrower or manager within one business day of receipt.
   
(15) With respect to Mortgage Loan No. 11, 250 Bedford Avenue, the seller of the Mortgaged Property did not provide operating statements for the Mortgaged Property, but instead provided real property income and expense statements (“RPIEs”) that were used for tax filing purposes, and accordingly, the historic information set forth on Annex A-1 is based on such seller-provided RPIEs. Expenses set forth in such RPIEs have been excluded from the presentation of historic cash flows.
   
(16) With respect to Mortgage Loan No. 14, McClellan Park, the fourth largest tenant (280,839 SF), representing 4.1% of net rentable SF, is an affiliate of the borrower.
   
(17) With respect to Mortgage Loan No. 14, McClellan Park, the # of Units includes 4,193,496 SF of warehouse and manufacturing, 1,728,393 SF of office, research and commercial, 843,221 SF of airfield, 157,254 SF of multifamily and 3,120 SF of yard space.
   
(18) With respect to Mortgage Loan No. 15, 111 Fourth Avenue and all of the National Cooperative Bank Mortgage Loans  (collectively, the “Residential Cooperative Loans”), the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the Residential Cooperative Loans, including pursuant to any guaranty or environmental indemnity. Accordingly, with respect to the Residential Cooperative Loans, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the Residential Cooperative Loans and is, instead, reflected as not applicable (N/A). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the Residential Cooperative Loans . In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks,” as applicable, in this preliminary prospectus.
   
(19) With respect to Mortgage Loan No. 17, 12900 I Street, the largest tenant (495,720 SF), representing 81.6% of net rentable SF, is an affiliate of the borrower.

 

A-1-26

 

 

(20) With respect to Mortgage Loan No. 19, Chapel Lakes, 26.9% of UW Revenues is comprised of other income, which includes ancillary fees, utility reimbursements and other miscellaneous fees.
   
(21) With respect to Mortgage Loan No. 33, CVS-Walgreens Portfolio, the ongoing monthly insurance payments are for the borrower’s flood insurance coverage policy for the Walgreens property. Additional monthly deposits for insurance are suspended for the CVS-Walgreens Portfolio as long as certain conditions set forth in the Mortgage Loan documents are satisfied.
   
(22) With respect to Mortgage Loan No. 35, Yuba City 99 Self Storage, the ongoing monthly insurance payments are for the borrower’s flood insurance coverage policy. Additional monthly deposits for insurance are suspended for the Yuba City 99 Self Storage mortgaged property as long as certain conditions set forth in the Mortgage Loan documents are satisfied.
   
(23) With respect to Mortgage Loan No. 44, 16680 Valley View Avenue Data Center, the sole tenant, Cogent Communications, has a provision in the lease protecting the tenant from any real estate tax increases associated with a sale and reassessment in accordance with California Proposition 13 (“Prop 13 Protection”). The protection lasts for 60 months after the lease commencement date (August 8, 2024), after which the tenant is responsible for reimbursing 100% of real estate tax expenses. The borrower has an option to buy out the Tenant’s Prop 13 Protection, upon the tenant’s consent. The upfront tax reserve includes 120% of the variance between current taxes and estimated reassessed taxes through August 8, 2024.
   
A.

“Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to one percent (1%) of the amount prepaid; or (b) an amount equal to: (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date; multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean: (A) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date; divided by (B) twelve (12). Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.

 

“Open Period Start Date” shall mean the Monthly Payment Date in October, 2030.

 

“Prepayment Lockout Release Date” shall mean the Monthly Payment Date in March, 2023.

 

Section 2.7 Prepayments.

(a) Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. At any time on and after the Prepayment Lockout Release Date, Borrower may, provided no Event of Default has occurred and is continuing, voluntarily prepay the Loan in whole, but not in part, on any Business Day upon satisfaction of the following conditions: (i) Borrower shall provide Lender not less than thirty (30) days’ notice (or such shorter period of time if permitted by Lender in its sole discretion) but not more than ninety (90) days’ notice prior to the Business Day upon which prepayment is to be made (the “Prepayment Notice”), which notice shall specify the Business Day on which such prepayment is to occur (the “Prepayment Date”); (ii) if such prepayment is received by Lender on a date other than a Monthly Payment Date, such prepayment shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”); and (iii) on the Prepayment Date, Borrower shall pay to Lender: (A) if such prepayment occurs prior to the Open Period Start Date, the applicable Yield Maintenance Premium; (B) all other sums, if any, then due and payable under the Note, this Agreement, the Security Instrument and the other Loan Documents; and (C) all reasonable actual out-of-pocket costs and expenses of Lender, if any, incurred in connection with such prepayment, including, without limitation, Lender’s reasonable attorneys’ fees and expenses. Prepayments of principal on the Loan pursuant to this Section 2.7(a) shall be applied on a pro rata and pari passu basis based on the relative principal balance of Note A-1, Note A-2 and Note A-3, to Note A-1, Note A-2 and Note A-3. If any Prepayment Notice is given, the entire Debt will due and payable on the Prepayment Date specified therein; provided, however, prior to the Prepayment Date, Borrower may revoke the Prepayment Notice or postpone the Prepayment Date, in each case, by providing written notice to Lender, provided that Borrower pays all of Lender’s reasonable out-of-pocket costs and expenses incurred in connection with such intended prepayment.

   
B. “Yield Maintenance Amount” shall mean the present value, as of the Repayment Date, of the remaining scheduled payments of interest from the Repayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. “Open Prepayment Date” shall mean June 5, 2030. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the lesser of (i) the Treasury Rate and (ii) the Swap Rate, each when compounded semi-annually. “Treasury Rate” shall mean the yield the date that is five (5) Business Days prior to the date calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the period ending prior to the Repayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Open Prepayment Date. (In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Treasury Rate.) “Swap Rate” shall mean the yield calculated by the linear interpolation of mid-market swap yields, as reported on Reuters Capital Markets screen 19901

 

A-1-27

 

 

  (SEMI-BOND column), with maturities (one longer and one shorter) most nearly approximating the Stated Maturity Date (in the event Reuters Capital Markets screen 19901 is no longer available, Lender shall select a comparable publication to determine such yield).
   
C.

“Yield Maintenance Premium” shall mean an amount equal to (a) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (b) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (i) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth (5th) Business Day preceding the prepayment date, divided by (ii) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.

 

Section 2.7 Prepayments

 

Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part

 

2.7 (a)(i) Borrower may, at its option and upon thirty (30) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole on any Business Day, provided, that if such payment is made on or prior to May 11, 2030 ( (the “Open Period Start Date”), such payment must be accompanied by the payment of the Yield Maintenance Premium. Any prepayment received by Lender on a date other than a Monthly Payment Date shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”).

2.7 (a)(iii) Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon thirty (30) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in part on any date in connection with a Partial Release in accordance with Section 2.9 hereof; provided that if such prepayment is made prior to the Open Period Start Date, such prepayment shall be accompanied by a payment of Yield Maintenance Premium on the amount being prepaid. Any prepayment received by Lender on a date other than a Monthly Payment Date shall include any Interest Shortfall.

   
D.

Section 2.7 Prepayments. (a) Prepayment. Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. On and after the Open Period Start Date, Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon 15 Business Days’ prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole but reasonable discretion), prepay the Debt in whole (but not in part) on any Business Day without payment of the Yield Maintenance Premium; provided Borrower shall pay to Lender on such prepayment date any applicable Interest Shortfall in addition to the outstanding principal balance, all accrued and unpaid interest and other amounts payable under the Loan Documents.

 

(d) Prepayments Prior to Open Period Start Date. Subject to Section 2.7(c), on and after the Lockout Release Date, through but not including the Open Period Start Date, Borrower may, at its option and upon at least thirty (30) days’ (and no greater than ninety (90) days’) prior notice to Lender (which notice shall specify the proposed prepayment date), prepay the Debt in whole (but not in part), on any date, provided that such prepayment shall be accompanied by (i) the Yield Maintenance Premium, (ii) Interest Shortfall, (iii) the outstanding principal balance, (iv) all accrued and unpaid interest and (v) other amounts payable under the Loan Documents. If a notice of prepayment is given by Borrower to Lender pursuant to this Section 2.7(d), the amount designated for prepayment and all other sums required under this Section 2.7(d) shall be due and payable on the proposed prepayment date.

 

“Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.

 

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“Applicable Percentage” shall mean, as applicable, (i) in connection with any prepayment made pursuant to Section 2.7(d) hereof and provided that no Event of Default then exists, 1%, or (ii) in connection with any other prepayment of the Debt, 3%.

 

“Open Period Start Date” shall mean the Monthly Payment Date occurring 3 months prior to the Maturity Date.

 

“Maturity Date” shall mean February 11, 2031, or such other date on which the final payment of principal of the Note becomes due and payable, whether at such stated maturity date, by declaration of acceleration, or otherwise.

   
E.

“Yield Maintenance Premium” is equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium will be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula:

 

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

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

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

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

a = the yield for the longer U.S. Treasury constant maturity
b = the yield for the shorter U.S. Treasury constant maturity
x = the term of the longer U.S. Treasury constant maturity
y = the term of the shorter U.S. Treasury constant maturity
z = “n” (as defined in the present value factor calculation above) divided by 12.

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

   
F. “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date. For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.

Section 2.7 Prepayments. (a) Voluntary Prepayments. Except as otherwise provided herein, Borrower shall not have the right to prepay the Loan in whole or in part. On and after December 11, 2030 (the “Open Period Start Date”), Borrower may, provided no Event of Default has occurred and is continuing, at its option and upon thirty (30) days prior notice to Lender (or such shorter period of time as may be permitted by Lender in its sole discretion), prepay the Debt in whole on any date without payment of the Yield Maintenance Premium. Any prepayment received by Lender on a date other than a Monthly Payment Date shall include interest which would have accrued thereon to the next Monthly Payment Date (such amounts, the “Interest Shortfall”).  

(d) Prepayments Prior to Open Period Start Date. Subject to Section 2.7(c), on and after the Permitted Prepayment Date, through but not including the Open Period Start Date, Borrower may, at its option and upon at least thirty (30) days’ (and no greater than ninety (90) days’) prior notice to Lender (which notice shall specify the proposed prepayment date), prepay the Debt in whole (but not in part), on any date, provided that such prepayment shall be accompanied by (i) the Yield Maintenance Premium, (ii) Interest Shortfall, (iii) the outstanding principal balance, (iv) all accrued and unpaid interest and (v) other amounts payable under the

 

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Loan Documents. If a notice of prepayment is given by Borrower to Lender pursuant to this Section 2.7(d), the amount designated for prepayment and all other sums required under this Section 2.7(d) shall be due and payable on the proposed prepayment date.

 

 

“Permitted Prepayment Date” shall mean April 11, 2025.

 

“Open Period Start Date” shall have the meaning set forth in Section 2.7(a) hereof.

 

“Applicable Percentage” shall mean, as applicable, (i) in connection with any prepayment made pursuant to Section 2.7(d) hereof and provided that no Event of Default then exists, 1%, or (ii) in connection with any other prepayment of the Debt, 3%.

   
G. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1 %) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating theMaturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
H. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1 %) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments’’ shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
I. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1 %) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
J. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.

 

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