FWP 1 n563_anxa1-x4.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-195164-15
     

 

 

     
  Wells Fargo Commercial Mortgage Trust 2015-C31 Disclaimer  
     
  STATEMENT REGARDING THIS FREE WRITING PROSPECTUS  
  The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-195164) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.  
     
  Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted.  The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.  These materials are subject to change, completion, supplement or amendment from time to time.  
     
  STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION  
  The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers.  Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein.  As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance.  The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice.  You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities.  Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods.  In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials.  The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials.  The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance.  None of Wells Fargo Securities, LLC,CitigroupGlobal Markets Inc.,or Morgan Stanley & Co. LLC.,  or any of their respective affiliates,  make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on cthe securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change.  In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.  
     
  This free writing prospectus contains certain forward-looking statements.  If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements.  Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated.  Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering.  The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover.  We have no obligation to update or revise any forward-looking statement.  
     
  Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A.  Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.  
     
  IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES  
  The Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. Prospective investors should understand that, when considering the purchase of the Offered Certificates, a contract of sale will come into being no sooner than the date on which the relevant class of certificates has been priced and the underwriters have confirmed the allocation of certificates to be made to investors; any “indications of interest” expressed by any prospective investor, and any “soft circles” generated by the underwriters, will not create binding contractual obligations for such prospective investors, on the one hand, or the underwriters, the depositor or any of their respective agents or affiliates, on the other hand.  
  As a result of the foregoing, a prospective investor may commit to purchase certificates that have characteristics that may change, and each prospective investor is advised that all or a portion of the certificates referred to in these materials may be issued without all or certain of the characteristics described in these materials. The underwriters’ obligation to sell certificates to any prospective investor is conditioned on the certificates and the transaction having the characteristics described in these materials. If the underwriters determine that a condition is not satisfied in any material respect, such prospective investor will be notified, and neither the depositor nor the underwriters will have any obligation to such prospective investor to deliver any portion of the Offered Certificates which such prospective investor has committed to purchase, and there will be no liability between the underwriters, the depositor or any of their respective agents or affiliates, on the one hand, and such prospective investor, on the other hand, as a consequence of the non-delivery.  
  Each prospective investor has requested that the underwriters provide to such prospective investor information in connection with such prospective investor’s consideration of the purchase of the certificates described in these materials. These materials are being provided to each prospective investor for informative purposes only in response to such prospective investor’s specific request. The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.  
  The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.  
     
  IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS  
  Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded.  Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.  
     
     

 

 
 

 

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

 

Mortgage Loan Number   Property Name   Mortgage Loan Seller(1)   Cross Collateralized and Cross Defaulted Loan Flag(2)   Address   City   State   Zip Code   General Property Type   Specific Property Type   Year
Built
  Year
Renovated
  Number of Units(3)(4)   Unit of Measure
1   745 Atlantic Avenue   WFB       745 Atlantic Avenue   Boston   MA   02111   Office   CBD   1988   2014   174,231   Sq. Ft.
2   Sheraton Lincoln Harbor Hotel   RMF       500 Harbor Boulevard   Weehawken   NJ   07086   Hospitality   Full Service   1991   2015   358   Rooms
3   CityPlace I   WFB       185 Asylum Street   Hartford   CT   06103   Office   CBD   1983   2010   884,366   Sq. Ft.
4   Courtyard Marriott - Tacoma   SG       1515 Commerce Street   Tacoma   WA   98402   Hospitality   Limited Service   2005   2014   162   Rooms
5   11 Madison Avenue   WFB       11 Madison Avenue   New York   NY   10010   Office   CBD   1932   2015   2,285,043   Sq. Ft.
6   Hampton Inn & Suites - Jacksonville Beach   WFB       1515 First Street North   Jacksonville Beach   FL   32250   Hospitality   Limited Service   1976   2014   177   Rooms
7   Patrick Henry Mall   SG       12300 Jefferson Avenue   Newport News   VA   23602   Retail   Regional Mall   1988   2005   432,401   Sq. Ft.
8   Philadelphia Design & Distribution Center   WFB       4422-88 Wissahickon Avenue   Philadelphia   PA   19129   Mixed Use   Industrial/Office/Retail   1926   2006   678,810   Sq. Ft.
9   Warren Industrial Center   Basis       Various   Warren   MI   48092   Industrial   Flex   Various   Various   284,381   Sq. Ft.
9.01   27485 George Merrelli   Basis       27485 George Merrelli Avenue   Warren   MI   48092   Industrial   Flex   2006       79,551   Sq. Ft.
9.02   27767 George Merrelli   Basis       27767 George Merrelli Avenue   Warren   MI   48092   Industrial   Flex   2004       150,000   Sq. Ft.
9.03   7111 East 11 Mile Road   Basis       7111 East 11 Mile Road   Warren   MI   48092   Industrial   Flex   1966   2001   54,830   Sq. Ft.
10   Brooks Landing Apartments   RMF       3055 Floyd Avenue   Modesto   CA   95355   Multifamily   Garden   2005       232   Units
11   Palouse Mall   LIG I       1850 West Pullman Road   Moscow   ID   83843   Retail   Anchored   1976   NAV   391,856   Sq. Ft.
12   Silver Rock Apartments   Basis       9830 Camino Villa   San Antonio   TX   78250   Multifamily   Garden   1996       328   Units
13   Ross Portfolio   Basis       Various   Various   Various   Various   Various   Various   Various       205,408   Sq. Ft.
13.01   Kohl’s - Lakewood, CO   Basis       3150 South Wadsworth Boulevard   Lakewood   CO   80227   Retail   Single Tenant   2003       88,408   Sq. Ft.
13.02   Ronpak   Basis       10900-10950 San Sevaine Way   Mira Loma   CA   91752   Industrial   Manufacturing   1987       117,000   Sq. Ft.
14   Lawton Town Center   WFB       191, 223, 261, 295, 321, 379, 273, 341, 421, 449, 473 Northwest 2nd Street   Lawton   OK   73507   Retail   Anchored   2014       207,609   Sq. Ft.
15   Zephyr Commons   WFB       7838 Gall Boulevard   Zephyrhills   FL   33541   Retail   Anchored   2009       115,318   Sq. Ft.
16   Ole London Towne Apartments   RMF       1680 O’Neal Lane   Baton Rouge   LA   70816   Multifamily   Garden   1978   2013   372   Units
17   Covington Plaza   WFB       6306-6410 West Jefferson Boulevard   Fort Wayne   IN   46804   Retail   Anchored   1979   1985   182,866   Sq. Ft.
18   Bernstein Portfolio   LIG I       Various   Various   Various   Various   Various   Various   Various       250,842   Sq. Ft.
18.01   Oxford Lake Business Park   LIG I       2001 Westside Parkway   Alpharetta   GA   30004   Office   Suburban   1988       102,692   Sq. Ft.
18.02   400 North Business Park   LIG I       1111 Alderman Drive   Alpharetta   GA   30005   Office   Suburban   1988       85,769   Sq. Ft.
18.03   Corporate Campus at Meadows   LIG I       6445 Shiloh Road   Alpharetta   GA   30005   Office   Suburban   2001       53,280   Sq. Ft.
18.04   Miami Gardens   LIG I       5900 Northwest 183rd Street   Unincorporated   FL   33015   Retail   Shadow Anchored   1999       9,101   Sq. Ft.
19   Mountain Valley Center   WFB       426-726 Southwest Mount Si Boulevard   North Bend   WA   98045   Retail   Anchored   1991   2005   86,664   Sq. Ft.
20   Ashley Place Apartments   CIIICM       5709 Electra Lane   Charlotte   NC   28212   Multifamily   Garden   1971       266   Units
21   Barclay Square   SG       13847 Walsingham Road   Largo   FL   33774   Retail   Anchored   1988   2009   99,054   Sq. Ft.
22   Windsor Square   RMF       101-245 Seven Oaks Drive North   Knoxville   TN   37922   Retail   Anchored   1984   2014   296,329   Sq. Ft.
23   Holiday Inn - Lafayette   SG       515 South Street   Lafayette   IN   47901   Hospitality   Full Service   2002   2011   147   Rooms
24   260 East Brown Street   WFB       260 East Brown Street   Birmingham   MI   48009   Office   Suburban   1986   2014   50,337   Sq. Ft.
25   Hilton Garden Inn Oshkosh   SG       1355 West 20th Avenue   Oshkosh   WI   54902   Hospitality   Limited Service   2001   2012   126   Rooms
26   Louisville Apartments - Ashton Park   LIG I   Crossed Portfolio A   7600 Beulah Church Road   Louisville   KY   40228   Multifamily   Garden   2013       100   Units
27   Louisville Apartments - St. James   LIG I   Crossed Portfolio A   8035 Aspen Glen Drive   Louisville   KY   40228   Multifamily   Garden   2013       30   Units
28   Bossier Corners   CIIICM       2001-2035 Airline Drive; 2951-2955 E. Texas Street   Bossier City   LA   71111   Retail   Anchored   1965   1997   140,863   Sq. Ft.
29   Courtyard Marriott Philadelphia Bensalem   CIIICM       3280 Tillman Drive   Bensalem   PA   19020   Hospitality   Limited Service   2014       124   Rooms
30   Security Public Storage - Richmond   WFB       801 Madeline Road   Richmond   CA   94806   Self Storage   Self Storage   2001       104,092   Sq. Ft.
31   Princessa Plaza   RMF       18500-18580 Via Princessa   Santa Clarita   CA   91387   Mixed Use   Office/Retail   2004       37,058   Sq. Ft.
32   Manchester Run Shopping Center   SG       1047 & 1051 South Willow Street   Manchester   NH   03103   Retail   Anchored   1993       63,232   Sq. Ft.
33   Hilton Garden Inn Peachtree City   SG       2010 Commerce Drive North   Peachtree City   GA   30269   Hospitality   Limited Service   2010       93   Rooms
34   Reynolds MHC Portfolio 1   RMF       Various   Various   Various   Various   Manufactured Housing Community   Manufactured Housing Community   Various   Various   607   Pads
34.01   Lansing Park Terrace   RMF       3435 West St. Joseph Street   Lansing   MI   48917   Manufactured Housing Community   Manufactured Housing Community   1960   2009   192   Pads
34.02   Oakwood Meadows   RMF       100 Avon Road   Sparta   WI   54656   Manufactured Housing Community   Manufactured Housing Community   1980   1999   125   Pads
34.03   Cedar Knob & Oak Creek Estates   RMF       5198 Chaparral Road; 265 Andre Loop   Killeen; Salado   TX   76542; 76571   Manufactured Housing Community   Manufactured Housing Community   1974       121   Pads
34.04   Valli Village   RMF       600 South East Ewing Street   Grimes   IA   50111   Manufactured Housing Community   Manufactured Housing Community   1970       67   Pads
34.05   Evergreen Village MHC   RMF       146 North Smith Street   Hesperia   MI   49421   Manufactured Housing Community   Manufactured Housing Community   1985   2004   102   Pads
35   Infinite Self Storage Nora   CIIICM       8802 Evergreen Avenue   Indianapolis   IN   46240   Self Storage   Self Storage   2001       138,668   Sq. Ft.
36   Beach MHP   CIIICM       38703 North Sheridan Road   Beach Park   IL   60099   Manufactured Housing Community   Manufactured Housing Community   1957       208   Pads
37   Northport Loop Office   CIIICM       45531 East Northport Loop   Fremont   CA   94538   Mixed Use   Office/Industrial   1998       70,206   Sq. Ft.
38   Burlington Coat Factory - Independence   CIIICM       11910 East US Highway 40   Independence   MO   64055   Retail   Single Tenant   2013       60,000   Sq. Ft.
39   Horizons Office Center   RMF       1401 Forum Way   West Palm Beach   FL   33401   Office   CBD   1985       64,247   Sq. Ft.
40   Central Self Storage   WFB       95-1080 Lehiwa Street   Mililani   HI   96789   Self Storage   Self Storage   2008       44,200   Sq. Ft.
41   College Village   Basis       1153 East Lexington Avenue   High Point   NC   27262   Retail   Anchored   1958   2014   142,673   Sq. Ft.
42   Kohl’s - Wadsworth   RMF       1119 Williams Reserve Boulevard   Wadsworth   OH   44281   Retail   Single Tenant   2005       88,408   Sq. Ft.
43   Comfort Inn & Suites Beachfront - Galveston   CIIICM       6302 Seawall Boulevard   Galveston   TX   77551   Hospitality   Limited Service   2003   2014   100   Rooms
44   Tides at Calabash   RMF       7112 Town Center Road   Sunset Beach   NC   28468   Multifamily   Garden   2011       168   Units
45   8350 & 8366 Westheimer   Basis       8350 & 8366 Westheimer Road   Houston   TX   77063   Retail   Unanchored   2000   2006   23,116   Sq. Ft.
46   Advantage Mini Storage   CIIICM       9402 North Navarro Street   Victoria   TX   77904   Self Storage   Self Storage   1996   2015   135,435   Sq. Ft.
47   Midtown Marketplace   CIIICM       1241 & 1409 Frederick Boulevard   Portsmouth   VA   23707   Retail   Anchored   2014       45,760   Sq. Ft.
48   Fresh Thyme Market   CIIICM       11481 East 116th Street   Fishers   IN   46037   Retail   Single Tenant   2015       28,564   Sq. Ft.
49   Holiday Inn Express Somerset   RMF       132 Lewis Drive   Somerset   PA   15501   Hospitality   Limited Service   2012       72   Rooms
50   Best Western - La Grande   RMF       1711 21st Street   La Grande   OR   97850   Hospitality   Limited Service   1994   2015   65   Rooms
51   The Pines Apartments   WFB       238 Southwest Gage Boulevard   Topeka   KS   66606   Multifamily   Garden   1979       178   Units
52   Courtyards at Valley View   RMF       13214 St. Lawrence Circle   Farmers Branch   TX   75244   Multifamily   Garden   1968   2015   95   Units
53   Best Western Plus South Bay   CIIICM       15000 Hawthorne Boulevard   Lawndale   CA   90260   Hospitality   Limited Service   1983   2015   100   Rooms
54   Reynolds MHC Portfolio 3   RMF       Various   Various   Various   Various   Manufactured Housing Community   Manufactured Housing Community   Various       401   Pads
54.01   Riverside   RMF       4400 Gibson Street   Muskogee   OK   74403   Manufactured Housing Community   Manufactured Housing Community   1975       192   Pads
54.02   Tuckaway MHC & Storage   RMF       212 Anker Lane   Germantown Hills   IL   61548   Manufactured Housing Community   Manufactured Housing Community   1970       118   Pads
54.03   Camino Park   RMF       4200 Robin Road   Eau Claire   WI   54703   Manufactured Housing Community   Manufactured Housing Community   1972       53   Pads
54.04   Prairie Place   RMF       3710 Daffodil Drive   Bloomington   IL   61705   Manufactured Housing Community   Manufactured Housing Community   2003       38   Pads
55   Fairfield Inn & Suites - Warner Robins   LIG I       221 Margie Drive   Warner Robins   GA   31088   Hospitality   Limited Service   2006   2012   74   Rooms
56   Champion Hills   CIIICM       3725 Champion Hills Drive   Memphis   TN   38125   Office   Suburban   2001   2006   77,453   Sq. Ft.
57   21 West Shopping Center   SG       520 West 21st Street   Norfolk   VA   23517   Retail   Unanchored   1920   2004   28,679   Sq. Ft.
58   Southcoast Beaches Center   RMF       207-299 Atlantic Boulevard; 100-112 1st Street   Atlantic Beach; Neptune Beach   FL   32233; 32266   Retail   Unanchored   1940   2000   30,885   Sq. Ft.
59   La Quinta Inn & Suites Smyrna   CIIICM       2537 Highwood Boulevard   Smyrna   TN   37167   Hospitality   Limited Service   2010   2013   76   Rooms
60   14 Mile & Middlebelt   WFB       29275-29315 West 14 Mile Road; 32902-32990 Middlebelt Road   Farmington Hills   MI   48334   Retail   Anchored   1957   1975   50,592   Sq. Ft.
61   Gulfport Plaza   RMF       9350 US Highway 49   Gulfport   MS   39503   Retail   Shadow Anchored   1995   2008   34,087   Sq. Ft.
62   Infinite Self Storage New Lenox   CIIICM       21827 South Schoolhouse Road   New Lenox   IL   60451   Self Storage   Self Storage   2000       52,575   Sq. Ft.
63   Hampton Inn & Suites - Cape Coral   RMF       619 Southeast 47th Terrace   Cape Coral   FL   33904   Hospitality   Limited Service   2006   2014   75   Rooms
64   AA Climate Control Self Storage   CIIICM       9040 Highway 105   Beaumont   TX   77713   Self Storage   Self Storage   2010       82,390   Sq. Ft.
65   Avalon MHC   CIIICM       387 Webster Road   Auburn   AL   36832   Manufactured Housing Community   Manufactured Housing Community   1992       217   Pads
66   Harris Teeter - Darnestown, MD   WFB       14101 Darnestown Road   Darnestown   MD   20874   Retail   Single Tenant   1999   2006   43,256   Sq. Ft.
67   Park West Self Storage   WFB       10012 Trinity Parkway   Stockton   CA   95219   Self Storage   Self Storage   2004       83,310   Sq. Ft.
68   Infinite Self Storage Plainfield   CIIICM       2179 Metropolis Parkway   Plainfield   IN   46168   Self Storage   Self Storage   2008       62,850   Sq. Ft.
69   Silverstone & Key Estates MHP   CIIICM       Various   Various   OH   Various   Manufactured Housing Community   Manufactured Housing Community   Various       226   Pads
69.01   Silverstone MHP   CIIICM       735 Eastlake Drive   Ashland   OH   44805   Manufactured Housing Community   Manufactured Housing Community   1977       144   Pads
69.02   Key Estates MHP   CIIICM       230 Wittlesey Avenue   Norwalk   OH   44857   Manufactured Housing Community   Manufactured Housing Community   1973       82   Pads
70   Redan Village   SG       3829 Redan Rd. and 1 Carteret Place   Decatur   GA   30032   Multifamily   Garden   1984   2014   154   Units
71   Valleyfield Apartments   SG       5421 & 5437 Covington Highway   Decatur   GA   30035   Multifamily   Garden   1984       132   Units
72   Big Ben Self Storage   RMF       528 Dover Road   Clarksville   TN   37042   Self Storage   Self Storage   2006   2013   87,550   Sq. Ft.
73   Royal Lane Office   CIIICM       5005 West Royal Lane   Irving   TX   75063   Office   Suburban   1983   2004   73,344   Sq. Ft.
74   Infinite Self Storage Greenfield   CIIICM       1794 Fields Boulevard   Greenfield   IN   46140   Self Storage   Self Storage   1999   2006   57,675   Sq. Ft.
75   Walgreens - Franklin   RMF       9527 South 27th Street   Franklin   WI   53132   Retail   Single Tenant   2000       15,120   Sq. Ft.
76   A-Safe Mini Storage Portfolio   CIIICM       Various   Various   LA   71360   Self Storage   Self Storage   Various       76,660   Sq. Ft.
76.01   A-Safe Mini Storage Pineville   CIIICM       2549 Monroe Highway   Pineville   LA   71360   Self Storage   Self Storage   2002       37,190   Sq. Ft.
76.02   A-Safe Mini Storage Ball   CIIICM       4905 Monroe Highway   Ball   LA   71360   Self Storage   Self Storage   1994       39,470   Sq. Ft.
77   City Center Retail - Lansing   WFB       200-240 M.A.C.; 301 East Grand River Avenue   East Lansing   MI   48823   Retail   Unanchored   2001       19,231   Sq. Ft.
78   Parkway Pointe   CIIICM       3425-3427 Freedom Drive   Springfield   IL   62704   Retail   Anchored   1994   2013   24,500   Sq. Ft.
79   Infinite Self Storage LaPorte   CIIICM       1310 West 18th Street   LaPorte   IN   46350   Self Storage   Self Storage   1999   2008   62,950   Sq. Ft.
80   DaVita Dialysis (Lakewood, CO)   Basis       1750 Pierce Street   Lakewood   CO   80214   Office   Medical   1985       13,852   Sq. Ft.
81   Getzville Plaza   CIIICM       2305-2361 Millersport Highway   Getzville   NY   14068   Retail   Anchored   1965   1995   34,524   Sq. Ft.
82   Riviera Estates & Elm Grove MHP   CIIICM       Various   Various   ID   Various   Various   Various   Various   Various   83   Pads
82.01   Elm Grove MHP   CIIICM       405 East Fairview Avenue   Meridian   ID   83642   Mixed Use   Manufactured Housing Community/Retail   1958   2003   39   Pads
82.02   Riviera Estates MHP   CIIICM       1200 South Artesian Road   Eagle   ID   83616   Manufactured Housing Community   Manufactured Housing Community   1972       44   Pads
83   CVS - Montgomery, AL   WFB       3190 Zelda Road   Montgomery   AL   36106   Retail   Single Tenant   2005       11,970   Sq. Ft.
84   US 23 Self Storage   CIIICM       5450 Columbus Pike   Lewis Center   OH   43035   Self Storage   Self Storage   2001       61,200   Sq. Ft.
85   Idaho Self Storage   CIIICM       10908 West Fairview Avenue   Boise   ID   83713   Self Storage   Self Storage   2003       61,665   Sq. Ft.
86   WAG - Staten Island   WFB       758 Arthur Kill Road   Staten Island   NY   10312   Retail   Single Tenant   2004       13,650   Sq. Ft.
87   CVS - Douglas, GA   WFB       912 West Ward Street   Douglas   GA   31533   Retail   Single Tenant   2004       10,880   Sq. Ft.
88   Valley Palms MHC   CIIICM       25 South 102nd Street   Mesa   AZ   85205   Manufactured Housing Community   Manufactured Housing Community   1962       101   Pads
89   Summerhaven MHP   CIIICM       650 Summerhaven   Forney   TX   75126   Manufactured Housing Community   Manufactured Housing Community   1970       133   Pads

 

 

A-1-1
 

 

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

 

Mortgage Loan Number   Property Name   Mortgage Loan Seller(1)   Cross Collateralized and Cross Defaulted Loan Flag(2)   Address   City   State   Zip Code   General Property Type   Specific Property Type   Year
Built
  Year
Renovated
  Number of Units(3)(4)   Unit of Measure
90   Benbrook Commons   RMF       8905 Benbrook Boulevard   Benbrook   TX   76126   Retail   Unanchored   1982   2008   16,163   Sq. Ft.
91   Bell Plaza   WFB       4209-4255 West Bell Road   Phoenix   AZ   85053   Retail   Unanchored   1979       25,824   Sq. Ft.
92   Shadow Trace   SG       997 North Hairston Road   Stone Mountain   GA   30083   Multifamily   Garden   1984       81   Units
93   James Plaza   CIIICM       20801 Hall Road   Macomb   MI   48042   Retail   Shadow Anchored   2015       8,335   Sq. Ft.
94   Scioto Apartments   Basis       3274 Mapleway Lane   Columbus   OH   43204   Multifamily   Garden   1977   2006   80   Units
95   Cahaba Mobile Home Estates   CIIICM       103 Madison Drive   Trussville   AL   35173   Manufactured Housing Community   Manufactured Housing Community   1968       157   Pads
96   Infinite Self Storage South Chicago   CIIICM       434 East Sauk Trail   South Chicago Heights   IL   60411   Self Storage   Self Storage   2001       48,350   Sq. Ft.
97   Oaks MHC   CIIICM       3240 South Getty Street   Norton Shores   MI   49444   Manufactured Housing Community   Manufactured Housing Community   1954       169   Pads
98   Ivywood Apartments   Basis       1550 Clough Street   Bowling Green   OH   43402   Multifamily   Garden   1979       67   Units
99   Lake Bambi MHP   CIIICM       6105 Land O’Lakes Boulevard   Land O’Lakes   FL   34638   Manufactured Housing Community   Manufactured Housing Community   1975       70   Pads
100   Little Street Village MHP   CIIICM       247 Marmandie Road   River Ridge   LA   70123   Manufactured Housing Community   Manufactured Housing Community   1970       69   Pads
101   Westgate Park MHC   CIIICM       2511 and 2565 Southwest 4th Avenue   Ontario   OR   97914   Manufactured Housing Community   Manufactured Housing Community   1965   2014   104   Pads
102   Newberry Woods Apartments   Basis       23972 Newberry Drive   Clinton Township   MI   48035   Multifamily   Garden   1985       61   Units

 

 

A-1-2
 

 

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

  

Mortgage Loan Number   Property Name   Cut-off Date Balance Per Unit/SF(4)(5)   Original Balance ($)(5)   Cut-off Date Balance ($)(5)   % of Aggregate
Cut-off Date
Balance
  Maturity Date or ARD Balloon Payment ($)(5)   ARD Loan   Origination Date   First Pay Date   Last IO Pay Date   First P&I Pay Date   Maturity Date or Anticipated Repayment Date   ARD Loan Maturity Date   Gross Mortgage Rate   Trust Advisor Ongoing Fee Rate   Certificate Administrator Fee Rate   Servicing Fee   CREFC® IP Royalty License Fee Rate   Net Mortgage Rate
1   745 Atlantic Avenue   402   70,000,000   70,000,000   7.1%   70,000,000   N   8/5/2015   9/11/2015   8/11/2025       8/11/2025       4.17000%   0.00275%   0.00450%   0.00500%   0.00050%   4.15725%
2   Sheraton Lincoln Harbor Hotel   223,464   60,000,000   60,000,000   6.1%   58,276,108   N   10/1/2015   11/6/2015   10/6/2023   11/6/2023   10/6/2025       4.99000%   0.00275%   0.00450%   0.00500%   0.00050%   4.97725%
3   CityPlace I   90   45,000,000   45,000,000   4.6%   45,000,000   N   9/10/2015   10/11/2015   9/11/2025       9/11/2025       4.75000%   0.00275%   0.00450%   0.00500%   0.00050%   4.73725%
4   Courtyard Marriott - Tacoma   201,389   32,625,000   32,625,000   3.3%   26,468,734   N   10/9/2015   12/1/2015       12/1/2015   11/1/2025       4.60000%   0.00275%   0.00450%   0.00500%   0.00050%   4.58725%
5   11 Madison Avenue   334   30,500,000   30,500,000   3.1%   30,500,000   N   8/18/2015   10/6/2015   9/6/2025       9/6/2025       3.56020%   0.00000%   0.00450%   0.00375%   0.00050%   3.55145%
6   Hampton Inn & Suites - Jacksonville Beach   164,520   29,120,000   29,120,000   2.9%   24,878,497   N   6/26/2015   8/11/2015   7/11/2017   8/11/2017   7/11/2025       4.51000%   0.00275%   0.00450%   0.02500%   0.00050%   4.47725%
7   Patrick Henry Mall   221   26,700,000   26,564,477   2.7%   21,480,324   N   6/30/2015   8/5/2015       8/5/2015   7/5/2025       4.35200%   0.00000%   0.00450%   0.05250%   0.00050%   4.29450%
8   Philadelphia Design & Distribution Center   38   26,000,000   26,000,000   2.6%   23,714,488   N   10/6/2015   11/11/2015   10/11/2020   11/11/2020   10/11/2025       4.30000%   0.00275%   0.00450%   0.00500%   0.00050%   4.28725%
9   Warren Industrial Center   89   25,350,000   25,350,000   2.6%   20,671,008   N   10/8/2015   12/1/2015       12/1/2015   11/1/2025       4.75000%   0.00275%   0.00450%   0.00500%   0.00050%   4.73725%
9.01   27485 George Merrelli       9,027,580   9,027,580   0.9%                                                        
9.02   27767 George Merrelli       8,367,870   8,367,870   0.8%                                                        
9.03   7111 East 11 Mile Road       7,954,550   7,954,550   0.8%                                                        
10   Brooks Landing Apartments   105,603   24,500,000   24,500,000   2.5%   24,500,000   N   9/28/2015   11/6/2015   10/6/2025       10/6/2025       4.60000%   0.00275%   0.00450%   0.00500%   0.00050%   4.58725%
11   Palouse Mall   59   23,075,000   23,075,000   2.3%   19,908,829   N   10/9/2015   12/1/2015   11/1/2017   12/1/2017   11/1/2025       4.89000%   0.00275%   0.00450%   0.05250%   0.00050%   4.82975%
12   Silver Rock Apartments   69,817   22,900,000   22,900,000   2.3%   20,947,862   N   8/11/2015   10/1/2015   9/1/2020   10/1/2020   9/1/2025       4.48000%   0.00275%   0.00450%   0.00500%   0.00050%   4.46725%
13   Ross Portfolio   98   20,085,000   20,085,000   2.0%   19,143,925   N   10/8/2015   12/1/2015   11/1/2022   12/1/2022   11/1/2025       4.69500%   0.00275%   0.00450%   0.00500%   0.00050%   4.68225%
13.01   Kohl’s - Lakewood, CO       12,155,000   12,155,000   1.2%                                                        
13.02   Ronpak       7,930,000   7,930,000   0.8%                                                        
14   Lawton Town Center   93   19,400,000   19,400,000   2.0%   16,155,575   N   9/23/2015   11/11/2015   10/11/2016   11/11/2016   10/11/2025       4.54000%   0.00275%   0.00450%   0.00500%   0.00050%   4.52725%
15   Zephyr Commons   147   17,000,000   17,000,000   1.7%   15,575,714   N   9/4/2015   10/11/2015   9/11/2020   10/11/2020   9/11/2025       4.58000%   0.00275%   0.00450%   0.00500%   0.00050%   4.56725%
16   Ole London Towne Apartments   43,683   16,250,000   16,250,000   1.6%   14,544,720   N   9/29/2015   11/6/2015   10/6/2019   11/6/2019   10/6/2025       4.46000%   0.00275%   0.00450%   0.00500%   0.00050%   4.44725%
17   Covington Plaza   88   16,125,000   16,125,000   1.6%   14,164,253   N   9/24/2015   11/11/2015   10/11/2018   11/11/2018   10/11/2025       4.65000%   0.00275%   0.00450%   0.03250%   0.00050%   4.60975%
18   Bernstein Portfolio   63   15,750,000   15,750,000   1.6%   12,022,881   N   10/9/2015   12/1/2015       12/1/2015   11/1/2025       5.58000%   0.00275%   0.00450%   0.05250%   0.00050%   5.51975%
18.01   Oxford Lake Business Park       5,650,224   5,650,224   0.6%                                                        
18.02   400 North Business Park       4,343,610   4,343,610   0.4%                                                        
18.03   Corporate Campus at Meadows       3,813,901   3,813,901   0.4%                                                        
18.04   Miami Gardens       1,942,265   1,942,265   0.2%                                                        
19   Mountain Valley Center   158   13,700,000   13,683,118   1.4%   11,020,134   N   10/6/2015   11/11/2015       11/11/2015   10/11/2025       4.35000%   0.00275%   0.00450%   0.00500%   0.00050%   4.33725%
20   Ashley Place Apartments   50,376   13,400,000   13,400,000   1.4%   12,348,348   N   9/25/2015   11/5/2015   11/5/2020   12/5/2020   10/5/2025       4.85000%   0.00275%   0.00450%   0.00500%   0.00050%   4.83725%
21   Barclay Square   129   12,750,000   12,750,000   1.3%   12,750,000   N   8/14/2015   10/1/2015   9/1/2025       9/1/2025       4.28000%   0.00275%   0.00450%   0.00500%   0.00050%   4.26725%
22   Windsor Square   41   12,100,000   12,100,000   1.2%   10,905,545   N   9/18/2015   11/6/2015   10/6/2019   11/6/2019   10/6/2025       4.82000%   0.00275%   0.00450%   0.00500%   0.00050%   4.80725%
23   Holiday Inn - Lafayette   81,633   12,000,000   12,000,000   1.2%   9,847,348   N   10/2/2015   12/1/2015       12/1/2015   11/1/2025       4.94100%   0.00275%   0.00450%   0.05500%   0.00050%   4.87825%
24   260 East Brown Street   228   11,500,000   11,500,000   1.2%   10,133,578   N   9/16/2015   11/11/2015   10/11/2018   11/11/2018   10/11/2025       4.79000%   0.00275%   0.00450%   0.05250%   0.00050%   4.72975%
25   Hilton Garden Inn Oshkosh   88,730   11,180,000   11,180,000   1.1%   10,223,918   N   7/27/2015   9/1/2015   8/1/2020   9/1/2020   8/1/2025       4.46000%   0.00275%   0.00450%   0.00500%   0.00050%   4.44725%
26   Louisville Apartments - Ashton Park   83,462   8,463,000   8,463,000   0.9%   8,047,451   N   7/31/2015   9/1/2015   8/1/2022   9/1/2022   8/1/2025       4.44000%   0.00275%   0.00450%   0.05250%   0.00050%   4.37975%
27   Louisville Apartments - St. James   83,462   2,387,000   2,387,000   0.2%   2,269,794   N   7/31/2015   9/1/2015   8/1/2022   9/1/2022   8/1/2025       4.44000%   0.00275%   0.00450%   0.05250%   0.00050%   4.37975%
28   Bossier Corners   76   10,725,000   10,725,000   1.1%   9,408,077   N   7/17/2015   9/1/2015   8/1/2018   9/1/2018   8/1/2025       4.59000%   0.00275%   0.00450%   0.00500%   0.00050%   4.57725%
29   Courtyard Marriott Philadelphia Bensalem   84,483   10,500,000   10,475,848   1.1%   6,612,875   N   9/17/2015   11/1/2015       11/1/2015   10/1/2025       4.98000%   0.00275%   0.00450%   0.00500%   0.00050%   4.96725%
30   Security Public Storage - Richmond   96   10,000,000   9,987,403   1.0%   8,015,697   N   10/1/2015   11/1/2015       11/1/2015   10/1/2025       4.25000%   0.00275%   0.00450%   0.00500%   0.00050%   4.23725%
31   Princessa Plaza   262   9,700,000   9,700,000   1.0%   8,308,869   N   10/2/2015   11/6/2015   4/6/2017   5/6/2017   10/6/2025       5.07000%   0.00275%   0.00450%   0.00500%   0.00050%   5.05725%
32   Manchester Run Shopping Center   150   9,500,000   9,488,033   1.0%   7,614,912   N   10/1/2015   11/1/2015       11/1/2015   10/1/2025       4.25000%   0.00275%   0.00450%   0.00500%   0.00050%   4.23725%
33   Hilton Garden Inn Peachtree City   101,774   9,500,000   9,465,003   1.0%   7,692,220   N   7/16/2015   9/1/2015       9/1/2015   8/1/2025       4.54000%   0.00275%   0.00450%   0.00500%   0.00050%   4.52725%
34   Reynolds MHC Portfolio 1   15,490   9,412,500   9,402,545   1.0%   7,744,637   N   10/6/2015   11/6/2015       11/6/2015   10/6/2025       5.02000%   0.00275%   0.00450%   0.00500%   0.00050%   5.00725%
34.01   Lansing Park Terrace       3,693,605   3,689,698   0.4%                                                        
34.02   Oakwood Meadows       1,894,156   1,892,153   0.2%                                                        
34.03   Cedar Knob & Oak Creek Estates       1,486,185   1,484,613   0.2%                                                        
34.04   Valli Village       1,216,631   1,215,344   0.1%                                                        
34.05   Evergreen Village MHC       1,121,923   1,120,736   0.1%                                                        
35   Infinite Self Storage Nora   67   9,351,000   9,351,000   0.9%   8,194,862   N   10/5/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.55000%   0.00275%   0.00450%   0.00500%   0.00050%   4.53725%
36   Beach MHP   42,742   8,900,000   8,890,251   0.9%   7,286,907   N   9/30/2015   11/1/2015       11/1/2015   10/1/2025       4.87000%   0.00275%   0.00450%   0.00500%   0.00050%   4.85725%
37   Northport Loop Office   121   8,500,000   8,490,624   0.9%   6,952,478   N   9/30/2015   11/5/2015       11/5/2015   10/5/2025       4.84000%   0.00275%   0.00450%   0.00500%   0.00050%   4.82725%
38   Burlington Coat Factory - Independence   137   8,250,000   8,210,828   0.8%   6,227,636   N   7/27/2015   9/1/2015       9/1/2015   8/1/2025       4.62000%   0.00275%   0.00450%   0.00500%   0.00050%   4.60725%
39   Horizons Office Center   124   7,950,000   7,950,000   0.8%   7,313,808   N   9/22/2015   11/6/2015   10/6/2020   11/6/2020   10/6/2025       4.84000%   0.00275%   0.00450%   0.00500%   0.00050%   4.82725%
40   Central Self Storage   178   7,860,000   7,860,000   0.8%   7,860,000   N   9/23/2015   11/11/2015   10/11/2025       10/11/2025       4.51000%   0.00275%   0.00450%   0.00500%   0.00050%   4.49725%
41   College Village   54   7,650,000   7,650,000   0.8%   7,029,990   N   10/7/2015   12/1/2015   11/1/2020   12/1/2020   11/1/2025       4.77000%   0.00275%   0.00450%   0.00500%   0.00050%   4.75725%
42   Kohl’s - Wadsworth   85   7,500,000   7,475,199   0.8%   5,577,294   N   9/11/2015   10/6/2015       10/6/2015   9/6/2025       4.85000%   0.00275%   0.00450%   0.00500%   0.00050%   4.83725%
43   Comfort Inn & Suites Beachfront - Galveston   71,925   7,200,000   7,192,528   0.7%   5,939,612   N   9/15/2015   11/5/2015       11/5/2015   10/5/2025       5.10000%   0.00275%   0.00450%   0.00500%   0.00050%   5.08725%
44   Tides at Calabash   40,774   6,850,000   6,850,000   0.7%   6,531,099   N   9/9/2015   10/6/2015   9/6/2017   10/6/2017   9/6/2020       4.73000%   0.00275%   0.00450%   0.00500%   0.00050%   4.71725%
45   8350 & 8366 Westheimer   292   6,750,000   6,750,000   0.7%   5,935,691   N   10/6/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.70000%   0.00275%   0.00450%   0.00500%   0.00050%   4.68725%
46   Advantage Mini Storage   49   6,600,000   6,600,000   0.7%   5,802,776   N   7/27/2015   9/5/2015   8/5/2018   9/5/2018   8/5/2025       4.69000%   0.00275%   0.00450%   0.00500%   0.00050%   4.67725%
47   Midtown Marketplace   140   6,400,000   6,400,000   0.6%   5,185,254   N   10/6/2015   12/1/2015       12/1/2015   11/1/2025       4.56000%   0.00275%   0.00450%   0.00500%   0.00050%   4.54725%
48   Fresh Thyme Market   221   6,318,000   6,318,000   0.6%   5,549,882   N   7/24/2015   9/5/2015   9/5/2018   10/5/2018   8/5/2025       4.57000%   0.00275%   0.00450%   0.00500%   0.00050%   4.55725%
49   Holiday Inn Express Somerset   83,209   6,000,000   5,991,056   0.6%   4,516,166   N   9/28/2015   11/6/2015       11/6/2015   10/6/2025       5.18000%   0.00275%   0.00450%   0.00500%   0.00050%   5.16725%
50   Best Western - La Grande   92,159   6,000,000   5,990,335   0.6%   4,445,643   N   10/6/2015   11/6/2015       11/6/2015   10/6/2025       4.75000%   0.00275%   0.00450%   0.00500%   0.00050%   4.73725%
51   The Pines Apartments   32,416   5,770,000   5,770,000   0.6%   5,064,926   N   9/29/2015   11/11/2015   10/11/2018   11/11/2018   10/11/2025       4.62000%   0.00275%   0.00450%   0.00500%   0.00050%   4.60725%
52   Courtyards at Valley View   60,526   5,750,000   5,750,000   0.6%   5,189,048   N   9/11/2015   10/6/2015   9/6/2019   10/6/2019   9/6/2025       4.89000%   0.00275%   0.00450%   0.00500%   0.00050%   4.87725%
53   Best Western Plus South Bay   57,372   5,750,000   5,737,194   0.6%   4,741,600   N   8/26/2015   10/5/2015       10/5/2015   9/5/2025       5.09000%   0.00275%   0.00450%   0.00500%   0.00050%   5.07725%
54   Reynolds MHC Portfolio 3   14,050   5,640,000   5,633,907   0.6%   4,626,936   N   10/6/2015   11/6/2015       11/6/2015   10/6/2025       4.93000%   0.00275%   0.00450%   0.00500%   0.00050%   4.91725%
54.01   Riverside       1,891,591   1,889,548   0.2%                                                        
54.02   Tuckaway MHC & Storage       1,724,686   1,722,823   0.2%                                                        
54.03   Camino Park       1,057,065   1,055,923   0.1%                                                        
54.04   Prairie Place       966,658   965,614   0.1%                                                        
55   Fairfield Inn & Suites - Warner Robins   74,335   5,525,000   5,500,759   0.6%   4,206,326   N   7/14/2015   9/1/2015       9/1/2015   8/1/2025       5.50000%   0.00275%   0.00450%   0.05250%   0.00050%   5.43975%
56   Champion Hills   70   5,460,000   5,460,000   0.6%   4,579,435   N   10/7/2015   12/1/2015   11/1/2016   12/1/2016   11/1/2025       4.78000%   0.00275%   0.00450%   0.00500%   0.00050%   4.76725%
57   21 West Shopping Center   176   5,050,000   5,044,250   0.5%   4,111,548   N   9/3/2015   11/1/2015       11/1/2015   10/1/2025       4.70200%   0.00275%   0.00450%   0.00500%   0.00050%   4.68925%
58   Southcoast Beaches Center   162   5,000,000   5,000,000   0.5%   5,000,000   N   9/17/2015   11/6/2015   10/6/2025       10/6/2025       4.32000%   0.00275%   0.00450%   0.00500%   0.00050%   4.30725%
59   La Quinta Inn & Suites Smyrna   65,789   5,000,000   5,000,000   0.5%   3,700,245   N   10/5/2015   12/1/2015       12/1/2015   11/1/2025       4.72000%   0.00275%   0.00450%   0.00500%   0.00050%   4.70725%
60   14 Mile & Middlebelt   97   4,900,000   4,888,002   0.5%   3,979,495   N   9/8/2015   10/11/2015       10/11/2015   9/11/2025       4.63000%   0.00275%   0.00450%   0.00500%   0.00050%   4.61725%
61   Gulfport Plaza   143   4,867,500   4,867,500   0.5%   4,293,782   N   8/28/2015   10/6/2015   9/6/2018   10/6/2018   9/6/2025       4.84000%   0.00275%   0.00450%   0.00500%   0.00050%   4.82725%
62   Infinite Self Storage New Lenox   91   4,785,000   4,785,000   0.5%   4,193,393   N   10/2/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.55000%   0.00275%   0.00450%   0.00500%   0.00050%   4.53725%
63   Hampton Inn & Suites - Cape Coral   61,333   4,600,000   4,600,000   0.5%   3,574,046   N   9/17/2015   11/6/2015   10/6/2016   11/6/2016   10/6/2025       4.92000%   0.00275%   0.00450%   0.00500%   0.00050%   4.90725%
64   AA Climate Control Self Storage   55   4,500,000   4,500,000   0.5%   3,958,020   N   10/6/2015   12/5/2015   11/5/2018   12/5/2018   11/5/2025       4.71000%   0.00275%   0.00450%   0.00500%   0.00050%   4.69725%
65   Avalon MHC   20,665   4,500,000   4,484,239   0.5%   3,673,422   N   7/29/2015   9/1/2015       9/1/2015   8/1/2025       4.78000%   0.00275%   0.00450%   0.00500%   0.00050%   4.76725%
66   Harris Teeter - Darnestown, MD   104   4,500,000   4,477,877   0.5%   2,582,743   N   9/11/2015   10/11/2015       10/11/2015   9/11/2026       4.70000%   0.00275%   0.00450%   0.00500%   0.00050%   4.68725%
67   Park West Self Storage   53   4,400,000   4,400,000   0.4%   4,400,000   N   9/23/2015   11/11/2015   10/11/2025       10/11/2025       4.59000%   0.00275%   0.00450%   0.00500%   0.00050%   4.57725%
68   Infinite Self Storage Plainfield   69   4,360,000   4,360,000   0.4%   3,820,939   N   10/2/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.55000%   0.00275%   0.00450%   0.00500%   0.00050%   4.53725%
69   Silverstone & Key Estates MHP   19,108   4,325,000   4,318,338   0.4%   3,234,230   N   9/30/2015   11/1/2015       11/1/2015   10/1/2025       5.00000%   0.00275%   0.00450%   0.00500%   0.00050%   4.98725%
69.01   Silverstone MHP       2,900,000   2,895,533   0.3%                                                        
69.02   Key Estates MHP       1,425,000   1,422,805   0.1%                                                        
70   Redan Village   27,560   4,260,000   4,244,175   0.4%   3,444,618   N   7/31/2015   9/1/2015       9/1/2015   8/1/2025       4.50000%   0.00275%   0.00450%   0.00500%   0.00050%   4.48725%
71   Valleyfield Apartments   31,021   4,110,000   4,094,732   0.4%   3,323,327   N   7/31/2015   9/1/2015       9/1/2015   8/1/2025       4.50000%   0.00275%   0.00450%   0.00500%   0.00050%   4.48725%
72   Big Ben Self Storage   45   3,900,000   3,900,000   0.4%   3,361,460   N   8/31/2015   10/6/2015   9/6/2017   10/6/2017   9/6/2025       4.85000%   0.00275%   0.00450%   0.00500%   0.00050%   4.83725%
73   Royal Lane Office   53   3,900,000   3,895,598   0.4%   3,179,318   N   10/1/2015   11/5/2015       11/5/2015   10/5/2025       4.74000%   0.00275%   0.00450%   0.00500%   0.00050%   4.72725%
74   Infinite Self Storage Greenfield   68   3,895,000   3,895,000   0.4%   3,413,430   N   10/6/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.55000%   0.00275%   0.00450%   0.00500%   0.00050%   4.53725%
75   Walgreens - Franklin   238   3,600,000   3,595,748   0.4%   2,914,906   N   10/2/2015   11/6/2015       11/6/2015   10/6/2025       4.54000%   0.00275%   0.00450%   0.00500%   0.00050%   4.52725%
76   A-Safe Mini Storage Portfolio   46   3,550,000   3,550,000   0.4%   3,056,008   N   7/30/2015   9/1/2015   8/1/2017   9/1/2017   8/1/2025       4.80000%   0.00275%   0.00450%   0.00500%   0.00050%   4.78725%
76.01   A-Safe Mini Storage Pineville       1,900,000   1,900,000   0.2%                                                        
76.02   A-Safe Mini Storage Ball       1,650,000   1,650,000   0.2%                                                        
77   City Center Retail - Lansing   182   3,500,000   3,491,637   0.4%   2,854,028   N   9/11/2015   10/11/2015       10/11/2015   9/11/2025       4.75000%   0.00275%   0.00450%   0.00500%   0.00050%   4.73725%
78   Parkway Pointe   141   3,450,000   3,450,000   0.3%   3,026,374   N   7/31/2015   9/5/2015   8/5/2018   9/5/2018   8/5/2025       4.59000%   0.00275%   0.00450%   0.00500%   0.00050%   4.57725%
79   Infinite Self Storage LaPorte   53   3,360,000   3,360,000   0.3%   2,944,577   N   10/5/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.55000%   0.00275%   0.00450%   0.00500%   0.00050%   4.53725%
80   DaVita Dialysis (Lakewood, CO)   236   3,270,000   3,270,000   0.3%   2,671,791   N   10/2/2015   12/1/2015       12/1/2015   11/1/2025       4.81000%   0.00275%   0.00450%   0.00500%   0.00050%   4.79725%
81   Getzville Plaza   95   3,267,000   3,267,000   0.3%   2,756,391   N   9/21/2015   11/1/2015   10/1/2016   11/1/2016   10/1/2025       4.98000%   0.00275%   0.00450%   0.00500%   0.00050%   4.96725%
82   Riviera Estates & Elm Grove MHP   37,821   3,150,000   3,139,154   0.3%   2,578,259   N   7/27/2015   9/5/2015       9/5/2015   8/5/2025       4.86000%   0.00275%   0.00450%   0.00500%   0.00050%   4.84725%
82.01   Elm Grove MHP       1,850,000   1,843,630   0.2%                                                        
82.02   Riviera Estates MHP       1,300,000   1,295,524   0.1%                                                        
83   CVS - Montgomery, AL   258   3,091,000   3,083,629   0.3%   2,840,539   N   9/11/2015   10/11/2015       10/11/2015   9/11/2020       4.76000%   0.00275%   0.00450%   0.00500%   0.00050%   4.74725%
84   US 23 Self Storage   49   3,015,000   3,015,000   0.3%   2,462,619   N   10/2/2015   12/1/2015       12/1/2015   11/1/2025       4.80000%   0.00275%   0.00450%   0.00500%   0.00050%   4.78725%
85   Idaho Self Storage   49   3,000,000   3,000,000   0.3%   2,510,984   N   8/11/2015   10/1/2015   9/1/2016   10/1/2016   9/1/2025       4.71000%   0.00275%   0.00450%   0.00500%   0.00050%   4.69725%
86   WAG - Staten Island   205   2,800,000   2,800,000   0.3%   2,800,000   N   9/14/2015   11/11/2015   10/11/2020       10/11/2020       4.45000%   0.00275%   0.00450%   0.00500%   0.00050%   4.43725%
87   CVS - Douglas, GA   238   2,600,000   2,593,724   0.3%   2,387,082   N   9/11/2015   10/11/2015       10/11/2015   9/11/2020       4.70000%   0.00275%   0.00450%   0.00500%   0.00050%   4.68725%
88   Valley Palms MHC   24,505   2,475,000   2,475,000   0.3%   2,136,092   N   7/21/2015   9/1/2015   8/1/2017   9/1/2017   8/1/2025       4.90000%   0.00275%   0.00450%   0.00500%   0.00050%   4.88725%
89   Summerhaven MHP   17,763   2,362,500   2,362,500   0.2%   1,939,270   N   10/6/2015   12/1/2015       12/1/2015   11/1/2025       4.95000%   0.00275%   0.00450%   0.00500%   0.00050%   4.93725%

 

A-1-3
 

 

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

 

Mortgage Loan Number   Property Name   Cut-off Date Balance Per Unit/SF(4)(5)   Original Balance ($)(5)   Cut-off Date Balance ($)(5)   % of Aggregate
Cut-off Date
Balance
  Maturity Date or ARD Balloon Payment ($)(5)   ARD Loan   Origination Date   First Pay Date   Last IO Pay Date   First P&I Pay Date   Maturity Date or Anticipated Repayment Date   ARD Loan Maturity Date   Gross Mortgage Rate   Trust Advisor Ongoing Fee Rate   Certificate Administrator Fee Rate   Servicing Fee   CREFC® IP Royalty License Fee Rate   Net Mortgage Rate
90   Benbrook Commons   146   2,362,500   2,357,413   0.2%   1,958,218   N   9/4/2015   10/6/2015       10/6/2015   9/6/2025       5.25000%   0.00275%   0.00450%   0.00500%   0.00050%   5.23725%
91   Bell Plaza   89   2,300,000   2,297,166   0.2%   2,099,863   N   10/2/2015   11/11/2015       11/11/2015   10/11/2020       4.35000%   0.00275%   0.00450%   0.07250%   0.00050%   4.26975%
92   Shadow Trace   26,446   2,150,000   2,142,162   0.2%   1,743,850   N   7/31/2015   9/1/2015       9/1/2015   8/1/2025       4.59000%   0.00275%   0.00450%   0.00500%   0.00050%   4.57725%
93   James Plaza   239   2,000,000   1,995,192   0.2%   1,629,231   N   8/13/2015   10/5/2015       10/5/2015   9/5/2025       4.72000%   0.00275%   0.00450%   0.00500%   0.00050%   4.70725%
94   Scioto Apartments   23,725   1,900,000   1,898,028   0.2%   1,567,397   N   9/18/2015   11/1/2015       11/1/2015   10/1/2025       5.10000%   0.00275%   0.00450%   0.00500%   0.00050%   5.08725%
95   Cahaba Mobile Home Estates   11,920   1,875,000   1,871,375   0.2%   1,748,302   N   8/7/2015   10/1/2015       10/1/2015   9/1/2020       5.75000%   0.00275%   0.00450%   0.00500%   0.00050%   5.73725%
96   Infinite Self Storage South Chicago   36   1,721,000   1,721,000   0.2%   1,508,219   N   10/2/2015   12/1/2015   11/1/2018   12/1/2018   11/1/2025       4.55000%   0.00275%   0.00450%   0.00500%   0.00050%   4.53725%
97   Oaks MHC   9,231   1,560,000   1,560,000   0.2%   1,281,795   N   10/5/2015   12/1/2015       12/1/2015   11/1/2025       4.98000%   0.00275%   0.00450%   0.00500%   0.00050%   4.96725%
98   Ivywood Apartments   21,619   1,450,000   1,448,502   0.1%   1,196,946   N   9/11/2015   11/1/2015       11/1/2015   10/1/2025       5.12000%   0.00275%   0.00450%   0.00500%   0.00050%   5.10725%
99   Lake Bambi MHP   19,458   1,365,000   1,362,029   0.1%   1,129,609   N   9/2/2015   10/5/2015       10/5/2015   9/5/2025       5.20000%   0.00275%   0.00450%   0.00500%   0.00050%   5.18725%
100   Little Street Village MHP   19,565   1,350,000   1,350,000   0.1%   1,009,433   N   10/6/2015   12/1/2015       12/1/2015   11/1/2025       5.00000%   0.00275%   0.00450%   0.00500%   0.00050%   4.98725%
101   Westgate Park MHC   12,487   1,300,000   1,298,602   0.1%   1,067,194   N   10/5/2015   11/5/2015       11/5/2015   10/5/2025       4.95000%   0.00275%   0.00450%   0.00500%   0.00050%   4.93725%
102   Newberry Woods Apartments   19,651   1,200,000   1,198,704   0.1%   984,454   N   9/29/2015   11/1/2015       11/1/2015   10/1/2025       4.93000%   0.00275%   0.00450%   0.00500%   0.00050%   4.91725%

 

 

A-1-4
 

 

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

 

Mortgage Loan Number   Property Name     Interest Accrual Method   Monthly P&I Payment ($)   Amortization Type   Interest Accrual Method During IO   Original Term to Maturity or ARD (Mos.)   Remaining Term to Maturity or ARD (Mos.)   Original IO
Period (Mos.)
  Remaining IO
Period (Mos.)
  Original Amort Term (Mos.)   Remaining Amort Term (Mos.)   Seasoning   Prepayment Provisions   Grace Period Default (Days)   Grace Period Late (Days)(6)   Appraised Value ($)(7)
1   745 Atlantic Avenue     Actual/360   247,304.17   Interest-only, Balloon   Actual/360   120   117   120   117   0   0   3   L(27),D(88),O(5)   0   5   114,800,000
2   Sheraton Lincoln Harbor Hotel     Actual/360   321,726.38   Interest-only, Amortizing Balloon   Actual/360   120   119   96   95   360   360   1   L(25),D(91),O(4)   0   0   128,000,000
3   CityPlace I     Actual/360   181,093.75   Interest-only, Balloon   Actual/360   120   118   120   118   0   0   2   L(26),D(90),O(4)   0   5   114,500,000
4   Courtyard Marriott - Tacoma     Actual/360   167,250.23   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(89),O(7)   3   5   45,000,000
5   11 Madison Avenue     Actual/360   91,745.20   Interest-only, Balloon   Actual/360   120   118   120   118   0   0   2   L(26),D(87),O(7)   0   0   2,350,000,000
6   Hampton Inn & Suites - Jacksonville Beach     Actual/360   147,719.84   Interest-only, Amortizing Balloon   Actual/360   120   116   24   20   360   360   4   L(28),D(88),O(4)   0   5   41,600,000
7   Patrick Henry Mall     Actual/360   132,947.20   Amortizing Balloon       120   116   0   0   360   356   4   L(28),D(88),O(4)   0   0   155,000,000
8   Philadelphia Design & Distribution Center     Actual/360   128,666.57   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360   360   1   L(25),D(91),O(4)   0   5   37,000,000
9   Warren Industrial Center     Actual/360   132,237.60   Amortizing Balloon       120   120   0   0   360   360   0   L(6),GRTR 2% or YM (112),O(2)   5   5   33,800,000
9.01   27485 George Merrelli                                                             13,000,000
9.02   27767 George Merrelli                                                             12,050,000
9.03   7111 East 11 Mile Road                                                             8,750,000
10   Brooks Landing Apartments     Actual/360   95,481.94   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0   0   35,900,000
11   Palouse Mall     Actual/360   122,324.98   Interest-only, Amortizing Balloon   Actual/360   120   120   24   24   360   360   0   L(24),D(92),O(4)   5   5   31,400,000
12   Silver Rock Apartments     Actual/360   115,758.96   Interest-only, Amortizing Balloon   Actual/360   120   118   60   58   360   360   2   L(26),D(91),O(3)   7   5   31,200,000
13   Ross Portfolio     Actual/360   104,108.05   Interest-only, Amortizing Balloon   Actual/360   120   120   84   84   360   360   0   L(24),D(93),O(3)   5   5   31,100,000
13.01   Kohl’s - Lakewood, CO                                                             18,900,000
13.02   Ronpak                                                             12,200,000
14   Lawton Town Center     Actual/360   98,758.57   Interest-only, Amortizing Balloon   Actual/360   120   119   12   11   360   360   1   L(25),D(91),O(4)   0   5   28,600,000
15   Zephyr Commons     Actual/360   86,946.47   Interest-only, Amortizing Balloon   Actual/360   120   118   60   58   360   360   2   L(26),D(87),O(7)   0   5   24,750,000
16   Ole London Towne Apartments     Actual/360   81,950.60   Interest-only, Amortizing Balloon   Actual/360   120   119   48   47   360   360   1   L(25),D(91),O(4)   0   0   24,600,000
17   Covington Plaza     Actual/360   83,146.44   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360   360   1   L(24),GRTR 1% or YM(92),O(4)   0   5   21,600,000
18   Bernstein Portfolio     Actual/360   97,472.69   Amortizing Balloon       120   120   0   0   300   300   0   L(24),D(92),O(4)   5   5   22,300,000
18.01   Oxford Lake Business Park                                                             8,000,000
18.02   400 North Business Park                                                             6,150,000
18.03   Corporate Campus at Meadows                                                             5,400,000
18.04   Miami Gardens                                                             2,750,000
19   Mountain Valley Center     Actual/360   68,200.22   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(90),O(5)   0   5   22,000,000
20   Ashley Place Apartments     Actual/360   70,710.70   Interest-only, Amortizing Balloon   Actual/360   120   119   61   60   360   360   1   L(25),D(92),O(3)   0   0   18,125,000
21   Barclay Square     Actual/360   46,232.92   Interest-only, Balloon   Actual/360   120   118   120   118   0   0   2   L(26),D(90),O(4)   0   0   19,275,000
22   Windsor Square     Actual/360   63,630.87   Interest-only, Amortizing Balloon   Actual/360   120   119   48   47   360   360   1   L(25),D(91),O(4)   0   0   16,400,000
23   Holiday Inn - Lafayette     Actual/360   63,986.59   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(91),O(5)   5   5   17,200,000
24   260 East Brown Street     Actual/360   60,267.02   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360   360   1   L(25),D(91),O(4)   0   5   15,350,000
25   Hilton Garden Inn Oshkosh     Actual/360   56,382.01   Interest-only, Amortizing Balloon   Actual/360   120   117   60   57   360   360   3   L(27),D(86),O(7)   0   5   17,200,000
26   Louisville Apartments - Ashton Park     Actual/360   42,579.60   Interest-only, Amortizing Balloon   Actual/360   120   117   84   81   360   360   3   L(27),D(89),O(4)   5   5   12,070,000
27   Louisville Apartments - St. James     Actual/360   12,009.63   Interest-only, Amortizing Balloon   Actual/360   120   117   84   81   360   360   3   L(27),D(89),O(4)   5   5   3,490,000
28   Bossier Corners     Actual/360   54,917.03   Interest-only, Amortizing Balloon   Actual/360   120   117   36   33   360   360   3   L(27),D(90),O(3)   0   0   14,300,000
29   Courtyard Marriott Philadelphia Bensalem     Actual/360   69,179.40   Amortizing Balloon       120   119   0   0   240   239   1   L(25),D(92),O(3)   0   0   17,100,000
30   Security Public Storage - Richmond     Actual/360   49,193.99   Amortizing Balloon       120   119   0   0   360   359   1   L(25),GRTR 1% or YM or D(88),O(7)   5   5   17,750,000
31   Princessa Plaza     Actual/360   52,487.46   Interest-only, Amortizing Balloon   Actual/360   120   119   18   17   360   360   1   L(25),D(91),O(4)   0   0   14,000,000
32   Manchester Run Shopping Center     Actual/360   46,734.29   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   0   0   15,800,000
33   Hilton Garden Inn Peachtree City     Actual/360   48,361.16   Amortizing Balloon       120   117   0   0   360   357   3   L(27),D(89),O(4)   0   0   15,800,000
34   Reynolds MHC Portfolio 1     Actual/360   50,643.45   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   0   0   12,910,000
34.01   Lansing Park Terrace                                                             5,070,000
34.02   Oakwood Meadows                                                             2,600,000
34.03   Cedar Knob & Oak Creek Estates                                                             2,030,000
34.04   Valli Village                                                             1,670,000
34.05   Evergreen Village MHC                                                             1,540,000
35   Infinite Self Storage Nora     Actual/360   47,658.36   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0   0   12,500,000
36   Beach MHP     Actual/360   47,072.53   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)   0   0   12,810,000
37   Northport Loop Office     Actual/360   44,802.30   Amortizing Balloon       120   119   0   0   360   359   1   L(25),GRTR 1% or YM(91),O(4)   0   0   11,920,000
38   Burlington Coat Factory - Independence     Actual/360   45,474.24   Amortizing Balloon       120   117   0   0   312   309   3   L(27),D(90),O(3)   0   0   11,100,000
39   Horizons Office Center     Actual/360   41,903.33   Interest-only, Amortizing Balloon   Actual/360   120   119   60   59   360   360   1   L(25),D(91),O(4)   0   0   10,700,000
40   Central Self Storage     Actual/360   30,032.84   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0   5   14,500,000
41   College Village     Actual/360   39,998.29   Interest-only, Amortizing Balloon   Actual/360   120   120   60   60   360   360   0   L(24),D(94),O(2)   5   5   10,200,000
42   Kohl’s - Wadsworth     Actual/360   43,191.30   Amortizing Balloon       120   118   0   0   300   298   2   L(26),D(90),O(4)   0   0   11,230,000
43   Comfort Inn & Suites Beachfront - Galveston     Actual/360   39,092.38   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)   0   0   10,900,000
44   Tides at Calabash     Actual/360   35,650.31   Interest-only, Amortizing Balloon   Actual/360   60   58   24   22   360   360   2   L(26),D(27),O(7)   0   0   13,350,000
45   8350 & 8366 Westheimer     Actual/360   35,008.05   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   5   5   9,000,000
46   Advantage Mini Storage     Actual/360   34,190.44   Interest-only, Amortizing Balloon   Actual/360   120   117   36   33   360   360   3   L(27),D(90),O(3)   0   0   9,250,000
47   Midtown Marketplace     Actual/360   32,656.42   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(90),O(6)   0   0   8,900,000
48   Fresh Thyme Market     Actual/360   32,275.69   Interest-only, Amortizing Balloon   Actual/360   120   117   37   34   360   360   3   L(27),D(90),O(3)   0   0   8,500,000
49   Holiday Inn Express Somerset     Actual/360   35,707.51   Amortizing Balloon       120   119   0   0   300   299   1   L(25),D(91),O(4)   0   0   10,800,000
50   Best Western - La Grande     Actual/360   34,207.04   Amortizing Balloon       120   119   0   0   300   299   1   L(25),D(91),O(4)   0   0   9,200,000
51   The Pines Apartments     Actual/360   29,648.59   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360   360   1   L(25),GRTR 1% or YM(91),O(4)   0   5   7,750,000
52   Courtyards at Valley View     Actual/360   30,481.85   Interest-only, Amortizing Balloon   Actual/360   120   118   48   46   360   360   2   L(26),D(90),O(4)   0   0   7,800,000
53   Best Western Plus South Bay     Actual/360   31,184.29   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(91),O(3)   0   0   9,600,000
54   Reynolds MHC Portfolio 3     Actual/360   30,035.91   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   0   0   8,110,000
54.01   Riverside                                                             2,720,000
54.02   Tuckaway MHC & Storage                                                             2,480,000
54.03   Camino Park                                                             1,520,000
54.04   Prairie Place                                                             1,390,000
55   Fairfield Inn & Suites - Warner Robins     Actual/360   33,928.33   Amortizing Balloon       120   117   0   0   300   297   3   L(27),D(89),O(4)   5   5   8,200,000
56   Champion Hills     Actual/360   28,580.76   Interest-only, Amortizing Balloon   Actual/360   120   120   12   12   360   360   0   L(24),D(93),O(3)   0   0   8,050,000
57   21 West Shopping Center     Actual/360   26,197.28   Amortizing Balloon       120   119   0   0   360   359   1   L(25),GRTR 1% or YM(91),O(4)   5   0   7,000,000
58   Southcoast Beaches Center     Actual/360   18,300.00   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(23),GRTR 1% or YM(93),O(4)   0   0   11,100,000
59   La Quinta Inn & Suites Smyrna     Actual/360   28,419.66   Amortizing Balloon       120   120   0   0   300   300   0   L(24),D(93),O(3)   0   0   8,700,000
60   14 Mile & Middlebelt     Actual/360   25,207.50   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)   0   5   6,940,000
61   Gulfport Plaza     Actual/360   25,655.90   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360   360   2   L(26),D(90),O(4)   0   0   6,525,000
62   Infinite Self Storage New Lenox     Actual/360   24,387.26   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0   0   6,830,000
63   Hampton Inn & Suites - Cape Coral     Actual/360   26,677.17   Interest-only, Amortizing Balloon   Actual/360   120   119   12   11   300   300   1   L(25),D(91),O(4)   0   0   8,600,000
64   AA Climate Control Self Storage     Actual/360   23,365.76   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(93),O(3)   0   0   6,540,000
65   Avalon MHC     Actual/360   23,555.57   Amortizing Balloon       120   117   0   0   360   357   3   L(27),D(90),O(3)   0   0   6,000,000
66   Harris Teeter - Darnestown, MD     Actual/360   28,957.32   Amortizing Balloon       132   130   0   0   240   238   2   L(26),D(102),O(4)   0   5   8,700,000
67   Park West Self Storage     Actual/360   17,110.50   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0   5   8,000,000
68   Infinite Self Storage Plainfield     Actual/360   22,221.20   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0   0   6,070,000
69   Silverstone & Key Estates MHP     Actual/360   25,283.52   Amortizing Balloon       120   119   0   0   300   299   1   L(25),D(92),O(3)   0   0   5,790,000
69.01   Silverstone MHP                                                             3,870,000
69.02   Key Estates MHP                                                             1,920,000
70   Redan Village     Actual/360   21,584.79   Amortizing Balloon       120   117   0   0   360   357   3   L(27),GRTR 1% or YM(89),O(4)   0   5   6,000,000
71   Valleyfield Apartments     Actual/360   20,824.77   Amortizing Balloon       120   117   0   0   360   357   3   L(27),GRTR 1% or YM(89),O(4)   0   5   5,600,000
72   Big Ben Self Storage     Actual/360   20,579.98   Interest-only, Amortizing Balloon   Actual/360   120   118   24   22   360   360   2   L(26),D(90),O(4)   0   0   5,600,000
73   Royal Lane Office     Actual/360   20,320.75   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)   0   0   7,350,000
74   Infinite Self Storage Greenfield     Actual/360   19,851.28   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0   0   5,300,000
75   Walgreens - Franklin     Actual/360   18,326.33   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   0   0   5,630,000
76   A-Safe Mini Storage Portfolio     Actual/360   18,625.62   Interest-only, Amortizing Balloon   Actual/360   120   117   24   21   360   360   3   L(27),D(90),O(3)   0   0   5,240,000
76.01   A-Safe Mini Storage Pineville                                                             2,730,000
76.02   A-Safe Mini Storage Ball                                                             2,510,000
77   City Center Retail - Lansing     Actual/360   18,257.66   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)   0   5   5,000,000
78   Parkway Pointe     Actual/360   17,665.62   Interest-only, Amortizing Balloon   Actual/360   120   117   36   33   360   360   3   L(27),D(90),O(3)   0   0   4,710,000
79   Infinite Self Storage LaPorte     Actual/360   17,124.59   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0   0   4,800,000
80   DaVita Dialysis (Lakewood, CO)     Actual/360   17,176.33   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(93),O(3)   5   5   5,100,000
81   Getzville Plaza     Actual/360   17,498.05   Interest-only, Amortizing Balloon   Actual/360   120   119   12   11   360   360   1   L(25),D(91),O(4)   0   0   4,800,000
82   Riviera Estates & Elm Grove MHP     Actual/360   16,641.39   Amortizing Balloon       120   117   0   0   360   357   3   L(27),D(90),O(3)   0   0   4,670,000
82.01   Elm Grove MHP                                                             2,850,000
82.02   Riviera Estates MHP                                                             1,820,000
83   CVS - Montgomery, AL     Actual/360   16,142.76   Amortizing Balloon       60   58   0   0   360   358   2   L(26),D(30),O(4)   0   5   4,790,000
84   US 23 Self Storage     Actual/360   15,818.66   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(92),O(4)   0   0   4,560,000
85   Idaho Self Storage     Actual/360   15,577.17   Interest-only, Amortizing Balloon   Actual/360   120   118   12   10   360   360   2   L(26),D(91),O(3)   0   0   4,410,000
86   WAG - Staten Island     Actual/360   10,556.39   Interest-only, Balloon   Actual/360   60   59   60   59   0   0   1   L(25),D(31),O(4)   0   5   4,100,000
87   CVS - Douglas, GA     Actual/360   13,484.58   Amortizing Balloon       60   58   0   0   360   358   2   L(26),D(30),O(4)   0   5   4,330,000
88   Valley Palms MHC     Actual/360   13,135.49   Interest-only, Amortizing Balloon   Actual/360   120   117   24   21   360   360   3   L(27),D(90),O(3)   0   0   3,810,000
89   Summerhaven MHP     Actual/360   12,610.32   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(92),O(4)   0   0   3,900,000

  

A-1-5
 

 

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

 

Mortgage Loan Number   Property Name     Interest Accrual Method   Monthly P&I Payment ($)   Amortization Type   Interest Accrual Method During IO   Original Term to Maturity or ARD (Mos.)   Remaining Term to Maturity or ARD (Mos.)   Original IO
Period (Mos.)
  Remaining IO
Period (Mos.)
  Original Amort Term (Mos.)   Remaining Amort Term (Mos.)   Seasoning   Prepayment Provisions   Grace Period Default (Days)   Grace Period Late (Days)(6)   Appraised Value ($)(7)
90   Benbrook Commons     Actual/360   13,045.81   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)   0   0   3,250,000
91   Bell Plaza     Actual/360   11,449.67   Amortizing Balloon       60   59   0   0   360   359   1   L(25),D(29),O(6)   0   5   3,700,000
92   Shadow Trace     Actual/360   11,009.01   Amortizing Balloon       120   117   0   0   360   357   3   L(27),GRTR 1% or YM(89),O(4)   0   5   3,200,000
93   James Plaza     Actual/360   10,396.81   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(91),O(3)   0   0   3,000,000
94   Scioto Apartments     Actual/360   10,316.05   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   5   5   3,040,000
95   Cahaba Mobile Home Estates     Actual/360   10,941.99   Amortizing Balloon       60   58   0   0   360   358   2   L(26),D(10),O(24)   0   0   2,570,000
96   Infinite Self Storage South Chicago     Actual/360   8,771.26   Interest-only, Amortizing Balloon   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0   0   2,400,000
97   Oaks MHC     Actual/360   8,355.36   Amortizing Balloon       120   120   0   0   360   360   0   L(24),D(93),O(3)   0   0   2,260,000
98   Ivywood Apartments     Actual/360   7,890.60   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   5   5   2,140,000
99   Lake Bambi MHP     Actual/360   7,495.36   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(91),O(3)   0   0   1,900,000
100   Little Street Village MHP     Actual/360   7,891.97   Amortizing Balloon       120   120   0   0   300   300   0   L(24),D(92),O(4)   0   0   2,120,000
101   Westgate Park MHC     Actual/360   6,939.01   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)   0   0   1,830,000
102   Newberry Woods Apartments     Actual/360   6,390.62   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)   5   5   2,140,000

 

 

A-1-6
 

 

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

 

Mortgage Loan Number   Property Name   Appraisal Date   Coop -Rental Value    Coop - LTV as Rental   Coop - Unsold Percent    Coop - Sponsor Units    Coop - Investor Units    Coop - Units   Coop - Sponsor Carry   Coop - Committed Secondary Debt   U/W NOI
DSCR (x)(5)(8)
  U/W NCF
DSCR (x)(5)(8)
  Cut-off Date LTV Ratio(5)(7)(8)   LTV Ratio at Maturity(5)(7)(8)   Cut-off Date U/W NOI Debt Yield(5)(8)   Cut-off Date U/W NCF Debt Yield(5)(8)   U/W
Revenues ($)(9)
  U/W
Expenses ($)(9)
 
1   745 Atlantic Avenue   6/30/2015                                   1.90   1.79   61.0%   61.0%   8.1%   7.6%   8,747,978   3,107,951  
2   Sheraton Lincoln Harbor Hotel   8/20/2015                                   1.79   1.60   62.5%   60.7%   11.5%   10.3%   22,491,786   13,268,309  
3   CityPlace I   8/5/2015                                   2.24   1.87   69.2%   69.2%   10.8%   9.0%   22,053,021   13,489,391  
4   Courtyard Marriott - Tacoma   6/24/2015                                   1.84   1.61   72.5%   58.8%   11.3%   9.9%   9,276,386   5,582,745  
5   11 Madison Avenue   7/1/2015                                   3.97   3.89   32.5%   32.5%   14.3%   14.1%   163,039,756   53,546,158  
6   Hampton Inn & Suites - Jacksonville Beach   6/12/2015                                   2.08   1.87   70.0%   59.8%   12.7%   11.4%   9,439,938   5,755,870  
7   Patrick Henry Mall   4/24/2015                                   1.83   1.66   61.7%   49.9%   11.0%   10.0%   16,870,516   6,342,794  
8   Philadelphia Design & Distribution Center   7/8/2015                                   2.01   1.73   70.3%   64.1%   11.9%   10.3%   4,898,762   1,793,302  
9   Warren Industrial Center   9/4/2015                                   1.56   1.46   75.0%   61.2%   9.8%   9.1%   3,110,022   633,457  
9.01   27485 George Merrelli   9/4/2015                                                           1,024,098   183,500  
9.02   27767 George Merrelli   9/4/2015                                                           1,127,296   313,365  
9.03   7111 East 11 Mile Road   9/4/2015                                                           958,626   136,593  
10   Brooks Landing Apartments   6/17/2015                                   1.86   1.81   68.2%   68.2%   8.7%   8.5%   3,391,806   1,257,027  
11   Palouse Mall   7/20/2015                                   1.75   1.49   73.5%   63.4%   11.1%   9.5%   4,587,587   2,020,905  
12   Silver Rock Apartments   7/8/2015                                   1.31   1.25   73.4%   67.1%   8.0%   7.6%   3,649,376   1,826,227  
13   Ross Portfolio   Various                                   1.38   1.29   64.6%   61.6%   8.6%   8.0%   2,277,954   559,452  
13.01   Kohl’s - Lakewood, CO   8/28/2015                                                           1,407,906   375,611  
13.02   Ronpak   8/26/2015                                                           870,048   183,840  
14   Lawton Town Center   8/5/2015                                   1.39   1.31   67.8%   56.5%   8.5%   8.0%   2,122,975   476,228  
15   Zephyr Commons   7/16/2015                                   1.41   1.31   68.7%   62.9%   8.7%   8.0%   2,174,217   700,131  
16   Ole London Towne Apartments   7/7/2015                                   1.71   1.60   66.1%   59.1%   10.4%   9.7%   4,030,271   2,343,910  
17   Covington Plaza   8/7/2015                                   1.51   1.37   74.7%   65.6%   9.3%   8.5%   2,340,510   833,473  
18   Bernstein Portfolio   Various                                   1.49   1.26   70.6%   53.9%   11.1%   9.4%   2,300,508   557,687  
18.01   Oxford Lake Business Park   4/26/2015                                                           825,294   200,067  
18.02   400 North Business Park   4/26/2015                                                           634,445   153,802  
18.03   Corporate Campus at Meadows   4/27/2015                                                           557,074   135,045  
18.04   Miami Gardens   8/17/2015                                                           283,695   68,773  
19   Mountain Valley Center   8/10/2015                                   1.55   1.48   62.2%   50.1%   9.2%   8.9%   1,745,290   479,956  
20   Ashley Place Apartments   7/27/2015                                   1.42   1.34   73.9%   68.1%   9.0%   8.5%   2,131,059   929,325  
21   Barclay Square   7/15/2015                                   2.08   1.96   66.1%   66.1%   9.1%   8.5%   1,733,433   578,186  
22   Windsor Square   7/24/2015                                   1.65   1.35   73.8%   66.5%   10.4%   8.5%   1,774,518   512,980  
23   Holiday Inn - Lafayette   6/2/2015                                   2.21   1.85   69.8%   57.3%   14.1%   11.8%   5,490,819   3,796,137  
24   260 East Brown Street   8/4/2015                                   1.45   1.32   74.9%   66.0%   9.1%   8.3%   1,620,099   569,875  
25   Hilton Garden Inn Oshkosh   5/12/2015                                   2.17   1.84   65.0%   59.4%   13.1%   11.1%   4,422,100   2,954,636  
26   Louisville Apartments - Ashton Park   8/1/2015                                   1.47   1.43   69.7%   66.3%   8.9%   8.6%   1,139,647   383,778  
27   Louisville Apartments - St. James   8/1/2015                                   1.47   1.43   69.7%   66.3%   8.9%   8.6%   318,448   108,126  
28   Bossier Corners   6/25/2015                                   1.94   1.70   75.0%   65.8%   11.9%   10.4%   1,759,515   483,359  
29   Courtyard Marriott Philadelphia Bensalem   7/29/2015                                   1.64   1.46   61.3%   38.7%   13.0%   11.6%   3,758,827   2,397,744  
30   Security Public Storage - Richmond   8/26/2015                                   1.70   1.67   56.3%   45.2%   10.1%   9.9%   1,520,753   516,781  
31   Princessa Plaza   6/30/2015                                   1.41   1.32   69.3%   59.3%   9.2%   8.6%   1,199,472   311,359  
32   Manchester Run Shopping Center   8/22/2015                                   1.96   1.87   60.1%   48.2%   11.6%   11.1%   1,522,863   422,573  
33   Hilton Garden Inn Peachtree City   4/30/2015                                   2.92   2.64   59.9%   48.7%   17.9%   16.2%   3,935,692   2,243,772  
34   Reynolds MHC Portfolio 1   Various                                   1.61   1.56   72.8%   60.0%   10.4%   10.1%   1,827,656   850,442  
34.01   Lansing Park Terrace   6/22/2015                                                           662,387   328,763  
34.02   Oakwood Meadows   7/14/2015                                                           349,668   173,561  
34.03   Cedar Knob & Oak Creek Estates   7/8/2015                                                           345,234   158,287  
34.04   Valli Village   7/18/2015                                                           268,680   100,206  
34.05   Evergreen Village MHC   6/22/2015                                                           201,687   89,625  
35   Infinite Self Storage Nora   8/24/2015                                   1.35   1.32   74.8%   65.6%   8.3%   8.0%   1,135,421   362,353  
36   Beach MHP   9/2/2015                                   1.51   1.49   69.4%   56.9%   9.6%   9.5%   1,460,709   606,653  
37   Northport Loop Office   8/17/2015                                   1.44   1.30   71.2%   58.3%   9.1%   8.2%   1,476,797   701,337  
38   Burlington Coat Factory - Independence   6/19/2015                                   1.33   1.31   74.0%   56.1%   8.8%   8.7%   927,420   201,548  
39   Horizons Office Center   6/9/2015                                   1.55   1.32   74.3%   68.4%   9.8%   8.3%   1,619,306   837,478  
40   Central Self Storage   8/5/2015                                   1.78   1.74   54.2%   54.2%   8.2%   8.0%   1,155,563   512,281  
41   College Village   8/14/2015                                   1.56   1.35   75.0%   68.9%   9.8%   8.5%   1,112,365   362,113  
42   Kohl’s - Wadsworth   6/4/2015                                   1.27   1.27   66.6%   49.7%   8.8%   8.8%   673,674   13,473  
43   Comfort Inn & Suites Beachfront - Galveston   4/29/2015                                   2.17   1.95   66.0%   54.5%   14.2%   12.7%   2,610,854   1,591,139  
44   Tides at Calabash   8/6/2015                                   1.55   1.46   51.3%   48.9%   9.7%   9.1%   1,407,907   742,908  
45   8350 & 8366 Westheimer   9/10/2015                                   1.33   1.25   75.0%   66.0%   8.3%   7.8%   870,988   310,985  
46   Advantage Mini Storage   6/10/2015                                   1.35   1.32   71.4%   62.7%   8.4%   8.2%   811,908   257,227  
47   Midtown Marketplace   8/24/2015                                   1.51   1.40   71.9%   58.3%   9.3%   8.5%   788,372   195,884  
48   Fresh Thyme Market   6/9/2015                                   1.44   1.35   74.3%   65.3%   8.8%   8.3%   569,852   11,397  
49   Holiday Inn Express Somerset   7/16/2015                                   1.96   1.77   55.5%   41.8%   14.0%   12.6%   2,087,252   1,247,005  
50   Best Western - La Grande   8/3/2015                                   2.18   1.99   65.1%   48.3%   15.0%   13.6%   1,962,825   1,066,883  
51   The Pines Apartments   8/14/2015                                   1.57   1.42   74.5%   65.4%   9.7%   8.8%   1,288,503   729,757  
52   Courtyards at Valley View   8/13/2015                                   1.34   1.28   73.7%   66.5%   8.5%   8.1%   938,052   447,391  
53   Best Western Plus South Bay   7/28/2015                                   2.01   1.76   59.8%   49.4%   13.1%   11.5%   2,332,003   1,580,733  
54   Reynolds MHC Portfolio 3   Various                                   1.70   1.66   69.5%   57.1%   10.9%   10.6%   1,129,928   517,381  
54.01   Riverside   7/6/2015                                                           460,605   207,556  
54.02   Tuckaway MHC & Storage   7/11/2015                                                           365,501   188,264  
54.03   Camino Park   7/14/2015                                                           159,951   73,518  
54.04   Prairie Place   7/11/2015                                                           143,870   48,043  
55   Fairfield Inn & Suites - Warner Robins   12/26/2014                                   1.50   1.35   67.1%   51.3%   11.1%   10.0%   1,490,860   882,127  
56   Champion Hills   8/27/2015                                   2.16   1.70   67.8%   56.9%   13.5%   10.7%   1,554,911   815,486  
57   21 West Shopping Center   7/27/2015                                   1.49   1.39   72.1%   58.7%   9.3%   8.7%   679,794   211,279  
58   Southcoast Beaches Center   7/6/2015                                   3.42   3.29   45.0%   45.0%   15.0%   14.4%   1,119,995   368,133  
59   La Quinta Inn & Suites Smyrna   6/29/2015                                   2.22   1.99   57.5%   42.5%   15.2%   13.6%   1,982,965   1,224,889  
60   14 Mile & Middlebelt   8/7/2015                                   1.55   1.41   70.4%   57.3%   9.6%   8.7%   724,823   254,948  
61   Gulfport Plaza   7/28/2015                                   1.58   1.49   74.6%   65.8%   10.0%   9.4%   631,334   145,182  
62   Infinite Self Storage New Lenox   8/31/2015                                   1.36   1.33   70.1%   61.4%   8.3%   8.1%   573,076   175,955  
63   Hampton Inn & Suites - Cape Coral   6/4/2015                                   2.46   2.19   53.5%   41.6%   17.1%   15.3%   2,162,578   1,373,706  
64   AA Climate Control Self Storage   8/21/2015                                   1.42   1.37   68.8%   60.5%   8.8%   8.5%   655,498   258,503  
65   Avalon MHC   5/6/2015                                   1.41   1.37   74.7%   61.2%   8.9%   8.7%   613,805   214,648  
66   Harris Teeter - Darnestown, MD   7/10/2015                                   1.40   1.38   51.5%   29.7%   10.9%   10.7%   598,219   110,088  
67   Park West Self Storage   8/11/2015                                   2.42   2.36   55.0%   55.0%   11.3%   11.0%   785,099   288,799  
68   Infinite Self Storage Plainfield   8/24/2015                                   1.37   1.34   71.8%   62.9%   8.4%   8.2%   573,083   207,246  
69   Silverstone & Key Estates MHP   7/30/2015                                   1.53   1.50   74.6%   55.9%   10.8%   10.5%   849,989   384,826  
69.01   Silverstone MHP   7/30/2015                                                           559,365   244,699  
69.02   Key Estates MHP   7/30/2015                                                           290,624   140,127  
70   Redan Village   6/2/2015                                   1.68   1.50   70.7%   57.4%   10.3%   9.1%   1,012,572   577,476  
71   Valleyfield Apartments   6/2/2015                                   1.67   1.51   73.1%   59.3%   10.2%   9.2%   910,353   492,996  
72   Big Ben Self Storage   7/20/2015                                   1.46   1.40   69.6%   60.0%   9.2%   8.9%   545,279   185,246  
73   Royal Lane Office   8/4/2015                                   1.92   1.57   53.0%   43.3%   12.0%   9.8%   981,688   512,965  
74   Infinite Self Storage Greenfield   9/4/2015                                   1.37   1.33   73.5%   64.4%   8.4%   8.2%   484,962   158,349  
75   Walgreens - Franklin   6/16/2015                                   1.30   1.27   63.9%   51.8%   7.9%   7.8%   295,999   10,193  
76   A-Safe Mini Storage Portfolio   6/10/2015                                   1.47   1.44   67.7%   58.3%   9.3%   9.0%   672,154   343,591  
76.01   A-Safe Mini Storage Pineville   6/10/2015                                                           356,680   178,501  
76.02   A-Safe Mini Storage Ball   6/10/2015                                                           315,475   165,090  
77   City Center Retail - Lansing   7/27/2015                                   1.68   1.50   69.8%   57.1%   10.5%   9.4%   499,482   132,492  
78   Parkway Pointe   6/12/2015                                   1.33   1.30   73.2%   64.3%   8.2%   8.0%   393,318   111,140  
79   Infinite Self Storage LaPorte   8/31/2015                                   1.36   1.32   70.0%   61.3%   8.3%   8.1%   397,160   117,123  
80   DaVita Dialysis (Lakewood, CO)   8/31/2015                                   1.38   1.29   64.1%   52.4%   8.7%   8.1%   479,351   194,157  
81   Getzville Plaza   8/7/2015                                   1.69   1.49   68.1%   57.4%   10.9%   9.6%   504,791   149,911  
82   Riviera Estates & Elm Grove MHP   6/9/2015                                   1.41   1.37   67.2%   55.2%   8.9%   8.7%   505,869   224,933  
82.01   Elm Grove MHP   6/9/2015                                                           301,432   135,713  
82.02   Riviera Estates MHP   6/9/2015                                                           204,438   89,220  
83   CVS - Montgomery, AL   7/29/2015                                   1.42   1.42   64.4%   59.3%   8.9%   8.9%   278,662   2,787  
84   US 23 Self Storage   8/4/2015                                   1.89   1.84   66.1%   54.0%   11.9%   11.6%   532,131   173,524  
85   Idaho Self Storage   7/20/2015                                   1.42   1.37   68.0%   56.9%   8.8%   8.5%   486,584   221,704  
86   WAG - Staten Island   7/22/2015                                   2.14   2.13   68.3%   68.3%   9.7%   9.6%   577,228   305,852  
87   CVS - Douglas, GA   7/19/2015                                   1.54   1.53   59.9%   55.1%   9.6%   9.6%   251,917   2,519  
88   Valley Palms MHC   5/26/2015                                   1.34   1.31   65.0%   56.1%   8.5%   8.3%   356,226   145,401  
89   Summerhaven MHP   8/28/2015                                   1.60   1.56   60.6%   49.7%   10.3%   10.0%   529,615   287,133  

 

A-1-7
 

 

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

 

Mortgage Loan Number   Property Name   Appraisal Date   Coop -Rental Value    Coop - LTV as Rental   Coop - Unsold Percent    Coop - Sponsor Units    Coop - Investor Units    Coop - Units   Coop - Sponsor Carry   Coop - Committed Secondary Debt   U/W NOI
DSCR (x)(5)(8)
  U/W NCF
DSCR (x)(5)(8)
  Cut-off Date LTV Ratio(5)(7)(8)   LTV Ratio at Maturity(5)(7)(8)   Cut-off Date U/W NOI Debt Yield(5)(8)   Cut-off Date U/W NCF Debt Yield(5)(8)   U/W
Revenues ($)(9)
  U/W
Expenses ($)(9)
 
90   Benbrook Commons   7/17/2015                                   1.53   1.40   72.5%   60.3%   10.1%   9.3%   352,236   113,345  
91   Bell Plaza   8/10/2015                                   1.81   1.63   62.1%   56.8%   10.8%   9.7%   407,550   158,371  
92   Shadow Trace   6/2/2015                                   1.62   1.43   66.9%   54.5%   10.0%   8.8%   518,611   305,198  
93   James Plaza   6/24/2015                                   1.43   1.37   66.5%   54.3%   9.0%   8.6%   232,526   53,930  
94   Scioto Apartments   8/10/2015                                   2.04   1.84   62.4%   51.6%   13.3%   12.0%   487,625   235,352  
95   Cahaba Mobile Home Estates   7/2/2015                                   1.75   1.69   72.8%   68.0%   12.3%   11.8%   432,615   202,213  
96   Infinite Self Storage South Chicago   8/31/2015                                   1.38   1.32   71.7%   62.8%   8.5%   8.0%   391,579   245,860  
97   Oaks MHC   9/3/2015                                   1.65   1.57   69.0%   56.7%   10.6%   10.1%   440,964   275,455  
98   Ivywood Apartments   7/28/2015                                   1.90   1.69   67.7%   55.9%   12.4%   11.0%   355,930   176,129  
99   Lake Bambi MHP   6/19/2015                                   1.45   1.41   71.7%   59.5%   9.5%   9.3%   273,120   143,053  
100   Little Street Village MHP   7/10/2015                                   1.93   1.89   63.7%   47.6%   13.5%   13.3%   260,820   78,143  
101   Westgate Park MHC   8/21/2015                                   1.57   1.50   71.0%   58.3%   10.1%   9.6%   303,367   172,808  
102   Newberry Woods Apartments   8/6/2015                                   2.22   1.98   56.0%   46.0%   14.2%   12.7%   394,327   224,042  

 

A-1-8
 

 

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

 

Mortgage Loan Number   Property Name     U/W Net Operating Income ($)   U/W
Replacement ($)
  U/W
TI/LC ($)
  U/W
Net Cash Flow ($)
  Occupancy Rate(3)   Occupancy as-of Date   U/W Hotel ADR   U/W Hotel RevPAR   Most Recent Period   Most Recent Revenues ($)   Most Recent Expenses ($)   Most
Recent
NOI ($)
  Most Recent Capital Expenditures   Most Recent NCF ($)   Most Recent Hotel ADR   Most Recent Hotel RevPAR
1   745 Atlantic Avenue     5,640,027   43,558   296,873   5,299,596   99.9%   8/4/2015           TTM 3/31/2015   2,915,563   2,983,882   -68,319   0   -68,319        
2   Sheraton Lincoln Harbor Hotel     9,223,477   1,012,130   0   8,211,347   83.9%   7/31/2015   197   166   TTM 7/31/2015   21,537,690   12,888,669   8,649,021   964,753   7,684,268   197   166
3   CityPlace I     8,563,631   221,092   1,187,138   7,155,402   94.0%   8/1/2015           TTM 7/31/2015   21,936,948   13,415,233   8,521,715   0   8,521,715        
4   Courtyard Marriott - Tacoma     3,693,641   463,819   0   3,229,822   81.2%   7/16/2015   155   126   TTM 6/30/2015   9,276,386   5,451,792   3,824,594   0   3,824,594   155   126
5   11 Madison Avenue     109,493,598   457,009   1,605,307   107,431,283   97.8%   8/1/2015           TTM 5/31/2015   70,265,498   23,876,107   46,389,392   0   46,389,392        
6   Hampton Inn & Suites - Jacksonville Beach     3,684,068   377,598   0   3,306,470   85.2%   8/31/2015   164   131   TTM 8/31/2015   9,727,645   5,845,451   3,882,194   0   3,882,194   159   136
7   Patrick Henry Mall     10,527,722   293,750   709,328   9,524,644   91.1%   4/30/2015           TTM 4/30/2015   16,865,877   5,742,170   11,123,707   0   11,123,707        
8   Philadelphia Design & Distribution Center     3,105,460   135,762   295,051   2,674,646   87.0%   9/30/2015           TTM 6/30/2015   5,069,912   1,796,847   3,273,065   0   3,273,065        
9   Warren Industrial Center     2,476,564   42,657   121,067   2,312,840   100.0%   11/1/2015           Actual 2014   3,521,541   640,950   2,880,591   0   2,880,591        
9.01   27485 George Merrelli     840,598   11,933   45,556   783,110   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
9.02   27767 George Merrelli     813,931   22,500   44,808   746,624   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
9.03   7111 East 11 Mile Road     822,033   8,225   30,704   783,105   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
10   Brooks Landing Apartments     2,134,778   58,000   0   2,076,778   97.8%   9/9/2015           TTM 9/30/2015   3,255,090   1,241,666   2,013,424   57,997   1,955,427        
11   Palouse Mall     2,566,681   121,475   259,989   2,185,216   93.8%   6/14/2015           TTM 6/30/2015   4,101,484   2,087,854   2,013,630   0   2,013,630        
12   Silver Rock Apartments     1,823,148   85,936   0   1,737,212   97.3%   8/25/2015           TTM 6/30/2015   3,580,706   1,847,080   1,733,626   0   1,733,626        
13   Ross Portfolio     1,718,502   30,811   73,584   1,614,107   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
13.01   Kohl’s - Lakewood, CO     1,032,294   13,261   39,852   979,181   100.0%   11/1/2015           Actual 2014   1,060,896   25,175   1,035,721   0   1,035,721        
13.02   Ronpak     686,208   17,550   33,732   634,926   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
14   Lawton Town Center     1,646,747   20,761   74,304   1,551,682   92.6%   9/9/2015           Annualized 7 7/31/2015   1,866,687   316,047   1,550,640   0   1,550,640        
15   Zephyr Commons     1,474,086   23,064   86,969   1,364,054   97.9%   7/27/2015           TTM 6/30/2015   2,376,128   890,771   1,485,357   0   1,485,357        
16   Ole London Towne Apartments     1,686,361   111,600   0   1,574,761   92.5%   9/16/2015           TTM 7/31/2015   3,923,032   2,312,255   1,610,777   0   1,610,777        
17   Covington Plaza     1,507,037   45,717   93,620   1,367,700   81.4%   9/23/2015           TTM 7/31/2015   2,466,891   852,881   1,614,010   0   1,614,010        
18   Bernstein Portfolio     1,742,821   62,710   202,347   1,477,765   89.4%   8/3/2015           TTM 4/30/2015   2,269,030   486,678   1,782,352   0   1,782,352        
18.01   Oxford Lake Business Park     625,227   22,497   72,591   530,140   90.3%   8/3/2015           TTM 4/30/2015   814,002   174,593   639,409   0   639,409        
18.02   400 North Business Park     480,644   17,295   55,804   407,545   80.6%   8/3/2015           TTM 4/30/2015   625,764   134,218   491,545   0   491,545        
18.03   Corporate Campus at Meadows     422,028   15,185   48,999   357,844   100.0%   8/3/2015           TTM 4/30/2015   549,451   117,850   431,601   0   431,601        
18.04   Miami Gardens     214,922   7,733   24,953   182,236   100.0%   8/3/2015           TTM 4/30/2015   279,813   60,016   219,797   0   219,797        
19   Mountain Valley Center     1,265,335   20,500   31,425   1,213,410   91.2%   7/1/2015           TTM 6/30/2015   1,752,341   439,549   1,312,792   0   1,312,792        
20   Ashley Place Apartments     1,201,734   66,500   0   1,135,234   97.7%   7/1/2015           TTM 6/30/2015   2,229,993   914,646   1,315,347   0   1,315,347        
21   Barclay Square     1,155,247   30,707   36,749   1,087,791   98.2%   8/3/2015           TTM 6/30/2015   1,308,184   479,252   828,931   0   828,931        
22   Windsor Square     1,261,538   47,893   179,280   1,034,365   99.0%   8/24/2015           TTM 7/31/2015   1,724,154   539,921   1,184,233   0   1,184,233        
23   Holiday Inn - Lafayette     1,694,681   274,541   0   1,420,141   65.5%   6/30/2015   123   80   TTM 6/30/2015   5,490,749   3,668,147   1,822,602   0   1,822,602   123   80
24   260 East Brown Street     1,050,224   10,061   89,105   951,058   99.9%   6/30/2015           Actual 2014   1,621,406   581,174   1,040,232   0   1,040,232        
25   Hilton Garden Inn Oshkosh     1,467,464   221,105   0   1,246,359   72.7%   6/30/2015   107   78   TTM 6/30/2015   4,422,100   2,989,586   1,432,514   0   1,432,514   107   78
26   Louisville Apartments - Ashton Park     755,869   22,500   0   733,369   100.0%   9/16/2015           TTM 5/31/2015   543,521   145,843   397,678   0   397,678        
27   Louisville Apartments - St. James     210,322   6,750   0   203,572   100.0%   9/16/2015           TTM 5/31/2015   330,797   62,742   268,055   0   268,055        
28   Bossier Corners     1,276,156   28,173   130,658   1,117,326   98.1%   7/14/2015           TTM 4/30/2015   1,429,060   371,826   1,057,234   0   1,057,234        
29   Courtyard Marriott Philadelphia Bensalem     1,361,083   150,353   0   1,210,730   63.4%   7/31/2015   105   70   TTM 9/30/2015   3,758,827   2,192,938   1,565,889   113,669   1,452,220   105   70
30   Security Public Storage - Richmond     1,003,971   15,681   0   988,291   96.7%   9/22/2015           TTM 8/31/2015   1,528,975   519,766   1,009,209   0   1,009,209        
31   Princessa Plaza     888,114   7,466   46,563   834,085   85.8%   8/25/2015           TTM 8/31/2015   1,079,615   261,428   818,187   0   818,187        
32   Manchester Run Shopping Center     1,100,290   17,073   32,664   1,050,553   100.0%   10/1/2015           TTM 7/31/2015   1,537,360   429,616   1,107,744   0   1,107,744        
33   Hilton Garden Inn Peachtree City     1,691,920   157,428   0   1,534,493   80.1%   7/31/2015   115   92   TTM 7/31/2015   3,935,692   2,253,110   1,682,582   0   1,682,582   115   92
34   Reynolds MHC Portfolio 1     977,214   30,984   0   946,230   83.4%   9/15/2015           TTM 8/31/2015   1,705,241   758,458   946,784   0   946,784        
34.01   Lansing Park Terrace     333,624   11,534   0   322,090   80.7%   9/15/2015           TTM 8/31/2015   592,936   302,793   290,143   0   290,143        
34.02   Oakwood Meadows     176,107   6,200   0   169,907   99.2%   9/15/2015           TTM 8/31/2015   350,398   149,161   201,238   0   201,238        
34.03   Cedar Knob & Oak Creek Estates     186,947   5,050   0   181,897   80.2%   9/15/2015           TTM 8/31/2015   334,224   155,282   178,942   0   178,942        
34.04   Valli Village     168,474   3,250   0   165,224   94.0%   9/15/2015           TTM 8/31/2015   250,229   58,003   192,226   0   192,226        
34.05   Evergreen Village MHC     112,062   4,950   0   107,112   65.7%   9/15/2015           TTM 8/31/2015   177,454   93,219   84,235   0   84,235        
35   Infinite Self Storage Nora     773,068   20,800   0   752,268   91.1%   8/19/2015           TTM 8/31/2015   1,098,907   361,306   737,601   0   737,601        
36   Beach MHP     854,056   10,400   0   843,656   94.2%   9/9/2015           TTM 6/30/2015   1,462,556   611,758   850,798   0   850,798        
37   Northport Loop Office     775,460   10,531   68,042   696,887   100.0%   9/30/2015           TTM 7/31/2015   1,378,831   603,697   775,135   2,533   772,602        
38   Burlington Coat Factory - Independence     725,872   9,000   0   716,872   100.0%   11/1/2015           TTM 3/31/2015   969,000   188,029   780,971   0   780,971        
39   Horizons Office Center     781,828   12,849   107,014   661,965   93.4%   7/13/2015           TTM 6/30/2015   1,553,318   788,650   764,668   0   764,668        
40   Central Self Storage     643,283   14,868   0   628,415   95.4%   7/30/2015           TTM 7/31/2015   1,128,170   517,706   610,465   0   610,465        
41   College Village     750,253   21,401   78,896   649,956   89.2%   7/31/2015           TTM 8/28/2015   1,066,723   315,032   751,691   71,398   680,293        
42   Kohl’s - Wadsworth     660,201   0   0   660,201   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
43   Comfort Inn & Suites Beachfront - Galveston     1,019,715   104,434   0   915,280   56.2%   9/30/2015   126   71   TTM 9/30/2015   2,610,854   1,432,205   1,178,649   0   1,178,649   126   71
44   Tides at Calabash     664,999   42,000   0   622,999   93.5%   9/1/2015           TTM 8/31/2015   1,368,855   734,047   634,808   0   634,808        
45   8350 & 8366 Westheimer     560,003   7,166   28,353   524,484   93.9%   8/1/2015           TTM 8/31/2015   721,647   307,639   414,008   0   414,008        
46   Advantage Mini Storage     554,681   13,274   0   541,407   78.7%   9/23/2015           TTM 6/30/2015   811,908   241,012   570,896   0   570,896        
47   Midtown Marketplace     592,487   6,864   38,621   547,002   97.8%   8/19/2015           NAV   NAV   NAV   NAV   NAV   NAV        
48   Fresh Thyme Market     558,455   4,285   30,076   524,095   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
49   Holiday Inn Express Somerset     840,246   83,490   0   756,756   66.6%   6/30/2015   119   79   TTM 6/30/2015   2,087,252   1,205,345   881,906   0   881,906   119   79
50   Best Western - La Grande     895,942   78,513   0   817,429   75.2%   7/31/2015   114   82   TTM 7/31/2015   2,048,169   968,956   1,079,213   0   1,079,213   114   86
51   The Pines Apartments     558,746   51,910   0   506,836   95.5%   7/31/2015           TTM 7/31/2015   1,293,264   727,704   565,560   0   565,560        
52   Courtyards at Valley View     490,661   23,750   0   466,911   95.8%   8/26/2015           TTM 8/31/2015   897,616   430,151   467,466   0   467,466        
53   Best Western Plus South Bay     751,271   93,280   0   657,991   79.7%   6/30/2015   78   61   TTM 6/30/2015   2,365,979   1,472,534   893,445   24,611   868,834   78   62
54   Reynolds MHC Portfolio 3     612,547   15,800   0   596,747   73.6%   9/15/2015           TTM 8/31/2015   1,129,928   505,618   624,310   0   624,310        
54.01   Riverside     253,049   7,000   0   246,049   69.8%   9/15/2015           TTM 8/31/2015   460,605   198,194   262,411   0   262,411        
54.02   Tuckaway MHC & Storage     177,237   4,650   0   172,587   65.3%   9/15/2015           TTM 8/31/2015   365,501   178,347   187,154   0   187,154        
54.03   Camino Park     86,433   2,300   0   84,133   88.7%   9/15/2015           TTM 8/31/2015   159,951   76,146   83,805   0   83,805        
54.04   Prairie Place     95,827   1,850   0   93,977   97.4%   9/15/2015           TTM 8/31/2015   143,870   52,931   90,939   0   90,939        
55   Fairfield Inn & Suites - Warner Robins     608,734   59,634   0   549,099   61.3%   12/31/2014   90   55   Actual 2014   1,512,317   886,021   626,296   0   626,296   90   55
56   Champion Hills     739,425   24,785   130,150   584,490   91.5%   7/21/2015           TTM 7/31/2015   1,576,280   790,133   786,148   0   786,148        
57   21 West Shopping Center     468,516   7,170   25,000   436,346   94.6%   7/1/2015           TTM 6/30/2015   648,479   168,882   479,597   0   479,597        
58   Southcoast Beaches Center     751,861   4,633   25,296   721,933   100.0%   8/1/2015           TTM 7/31/2015   1,228,532   370,319   858,213   0   858,213        
59   La Quinta Inn & Suites Smyrna     758,076   79,319   0   678,757   76.2%   6/30/2015   101   70   TTM 6/30/2015   2,158,454   1,312,010   846,444   0   846,444   101   77
60   14 Mile & Middlebelt     469,875   10,118   32,497   427,260   98.1%   6/30/2015           TTM 6/30/2015   777,385   252,369   525,016   0   525,016        
61   Gulfport Plaza     486,152   8,502   17,843   459,807   100.0%   8/25/2015           TTM 6/30/2015   500,365   112,575   387,790   0   387,790        
62   Infinite Self Storage New Lenox     397,121   7,886   0   389,234   87.4%   8/19/2015           TTM 8/31/2015   561,758   173,696   388,062   0   388,062        
63   Hampton Inn & Suites - Cape Coral     788,872   86,503   0   702,369   76.5%   6/30/2015   107   78   TTM 6/30/2015   2,265,707   1,416,086   849,621   0   849,621   107   81
64   AA Climate Control Self Storage     396,995   12,359   0   384,637   84.9%   9/23/2015           Annualized 6 8/31/2015   655,498   253,314   402,184   0   402,184        
65   Avalon MHC     399,157   10,850   0   388,307   99.1%   9/1/2015           TTM 6/30/2015   573,918   205,912   368,006   0   368,006        
66   Harris Teeter - Darnestown, MD     488,130   8,651   0   479,479   100.0%   11/1/2015           TTM 6/30/2015   459,736   6,505   453,231   0   453,231        
67   Park West Self Storage     496,300   12,497   0   483,804   99.0%   8/11/2015           TTM 7/31/2015   785,099   301,246   483,853   0   483,853        
68   Infinite Self Storage Plainfield     365,837   9,428   0   356,410   88.2%   8/19/2015           TTM 9/30/2015   555,724   203,835   351,889   0   351,889        
69   Silverstone & Key Estates MHP     465,163   11,300   0   453,863   79.2%   8/1/2015           TTM 6/30/2015   894,033   376,487   517,546   0   517,546        
69.01   Silverstone MHP     314,665   7,200   0   307,465   83.3%   8/1/2015           TTM 6/30/2015   564,705   236,351   328,353   0   328,353        
69.02   Key Estates MHP     150,498   4,100   0   146,398   72.0%   8/1/2015           TTM 6/30/2015   329,328   140,136   189,193   0   189,193        
70   Redan Village     435,096   47,586   0   387,510   98.1%   5/31/2015           TTM 5/31/2015   957,378   584,023   373,355   0   373,355        
71   Valleyfield Apartments     417,356   40,392   0   376,964   95.5%   5/31/2015           TTM 5/31/2015   909,515   501,799   407,717   0   407,717        
72   Big Ben Self Storage     360,033   13,133   0   346,900   88.2%   6/10/2015           TTM 6/30/2015   544,888   157,243   387,644   0   387,644        
73   Royal Lane Office     468,722   29,338   56,622   382,763   95.2%   5/31/2015           TTM 8/31/2015   995,850   484,248   511,602   21,870   489,733        
74   Infinite Self Storage Greenfield     326,613   8,651   0   317,962   89.1%   8/19/2015           TTM 8/31/2015   484,962   158,008   326,954   0   326,954        
75   Walgreens - Franklin     285,806   5,594   0   280,212   100.0%   11/1/2015           TTM 7/31/2015   339,760   0   339,760   0   339,760        
76   A-Safe Mini Storage Portfolio     328,563   7,406   0   321,157   96.1%   6/4/2015           TTM 5/31/2015   671,810   332,363   339,447   0   339,447        
76.01   A-Safe Mini Storage Pineville     178,179   3,597   0   174,582   98.9%   6/4/2015           TTM 5/31/2015   354,937   176,151   178,786   0   178,786        
76.02   A-Safe Mini Storage Ball     150,384   3,809   0   146,575   93.4%   6/4/2015           TTM 5/31/2015   316,873   156,212   160,661   0   160,661        
77   City Center Retail - Lansing     366,990   3,846   35,447   327,697   100.0%   8/17/2015           TTM 7/31/2015   527,476   122,530   404,946   0   404,946        
78   Parkway Pointe     282,179   3,675   2,222   276,282   100.0%   9/30/2015           TTM 5/31/2015   399,436   100,616   298,821   0   298,821        
79   Infinite Self Storage LaPorte     280,037   9,443   0   270,594   86.0%   8/19/2015           TTM 9/30/2015   398,927   110,886   288,041   0   288,041        
80   DaVita Dialysis (Lakewood, CO)     285,194   2,770   16,221   266,203   100.0%   11/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
81   Getzville Plaza     354,880   12,513   28,792   313,575   96.6%   6/4/2015           TTM 6/30/2015   518,997   153,191   365,807   38,746   327,060        
82   Riviera Estates & Elm Grove MHP     280,936   6,625   0   274,311   92.8%   6/1/2015           Various   519,520   187,499   332,021   0   332,021        
82.01   Elm Grove MHP     165,719   4,425   0   161,294   92.3%   6/1/2015           Annualized 7 5/31/2015   315,082   109,308   205,774   0   205,774        
82.02   Riviera Estates MHP     115,217   2,200   0   113,017   93.2%   6/1/2015           TTM 5/31/2015   204,438   78,191   126,247   0   126,247        
83   CVS - Montgomery, AL     275,875   1,197   0   274,678   100.0%   11/1/2015           TTM 5/31/2015   287,280   0   287,280   0   287,280        
84   US 23 Self Storage     358,608   9,180   0   349,428   98.8%   8/31/2015           TTM 8/31/2015   542,707   144,446   398,261   0   398,261        
85   Idaho Self Storage     264,880   9,250   0   255,630   97.4%   7/14/2015           TTM 6/30/2015   491,509   214,297   277,211   0   277,211        
86   WAG - Staten Island     271,375   1,365   0   270,010   100.0%   11/1/2015           Actual 2014   294,048   2,941   291,107   0   291,107        
87   CVS - Douglas, GA     249,398   1,088   0   248,310   100.0%   11/1/2015           TTM 5/31/2015   258,732   0   258,732   0   258,732        
88   Valley Palms MHC     210,825   5,050   0   205,775   92.1%   6/1/2015           Annualized 6 6/30/2015   393,342   134,287   259,055   0   259,055        
89   Summerhaven MHP     242,482   6,650   0   235,832   93.2%   8/1/2015           TTM 8/31/2015   553,359   264,640   288,720   8,295   280,425        

 

A-1-9
 

 

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

 

Mortgage Loan Number   Property Name     U/W Net Operating Income ($)   U/W
Replacement ($)
  U/W
TI/LC ($)
  U/W
Net Cash Flow ($)
  Occupancy Rate(3)   Occupancy as-of Date   U/W Hotel ADR   U/W Hotel RevPAR   Most Recent Period   Most Recent Revenues ($)   Most Recent Expenses ($)   Most
Recent
NOI ($)
  Most Recent Capital Expenditures   Most Recent NCF ($)   Most Recent Hotel ADR   Most Recent Hotel RevPAR
90   Benbrook Commons     238,891   3,233   16,163   219,496   91.2%   8/26/2015           TTM 6/30/2015   324,328   114,784   209,544   0   209,544        
91   Bell Plaza     249,179   5,165   20,692   223,323   87.5%   9/18/2015           TTM 6/30/2015   579,854   180,428   399,426   0   399,426        
92   Shadow Trace     213,413   24,786   0   188,627   100.0%   5/31/2015           TTM 5/31/2015   505,584   315,852   189,732   0   189,732        
93   James Plaza     178,596   1,250   6,668   170,678   79.6%   8/1/2015           NAV   NAV   NAV   NAV   NAV   NAV        
94   Scioto Apartments     252,273   24,000   0   228,273   98.8%   8/19/2015           TTM 7/31/2015   509,177   245,328   263,849   0   263,849        
95   Cahaba Mobile Home Estates     230,402   9,050   0   221,352   91.7%   10/2/2015           TTM 6/30/2015   432,615   166,390   266,225   0   266,225        
96   Infinite Self Storage South Chicago     145,719   7,253   0   138,466   86.2%   8/19/2015           TTM 8/31/2015   392,586   244,883   147,703   0   147,703        
97   Oaks MHC     165,509   8,450   0   157,059   73.4%   9/1/2015           TTM 8/31/2015   444,668   265,108   179,560   0   179,560        
98   Ivywood Apartments     179,802   20,100   0   159,702   95.5%   8/3/2015           TTM 3/31/2015   366,598   174,905   191,693   0   191,693        
99   Lake Bambi MHP     130,067   3,500   0   126,567   95.7%   6/1/2015           TTM 6/30/2015   322,275   131,271   191,004   0   191,004        
100   Little Street Village MHP     182,677   3,450   0   179,227   88.4%   7/31/2015           TTM 6/30/2015   274,179   58,286   215,892   0   215,892        
101   Westgate Park MHC     130,559   5,450   0   125,109   79.8%   8/21/2015           Annualized 7 7/31/2015   303,367   143,359   160,007   0   160,007        
102   Newberry Woods Apartments     170,285   18,300   0   151,985   93.4%   8/19/2015           TTM 7/31/2015   404,786   220,558   184,228   0   184,228        

 

 

A-1-10
 

 

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

 

Mortgage Loan Number   Property Name   Second Most Recent Period   Second Most Recent Revenues ($)   Second Most Recent Expenses ($)   Second Most Recent NOI ($)   Second Most Recent Capital Expenditures   Second Most Recent NCF ($)   Second Most Recent Hotel ADR   Second Most Recent Hotel RevPAR   Third Most Recent Period   Third Most Recent Revenues ($)   Third Most Recent Expenses ($)   Third Most Recent NOI ($)   Third Most Recent Capital Expenditures   Third Most Recent NCF ($)   Third Most Recent Hotel ADR
1   745 Atlantic Avenue   Actual 2014   3,131,508   2,850,475   281,033   0   281,033           Actual 2013   7,075,753   3,357,131   3,718,622   0   3,718,622    
2   Sheraton Lincoln Harbor Hotel   Actual 2014   21,731,120   12,899,299   8,831,821   1,088,225   7,743,597   197   166   Actual 2013   20,217,239   12,699,713   7,517,525   1,020,135   6,497,390   187
3   CityPlace I   Actual 2014   21,944,773   13,157,286   8,787,487   0   8,787,487           Actual 2013   21,778,620   12,717,548   9,061,072   0   9,061,072    
4   Courtyard Marriott - Tacoma   Actual 2014   8,240,179   5,083,541   3,156,638   0   3,156,638   144   118   Actual 2013   8,359,559   5,241,203   3,118,356   0   3,118,356   144
5   11 Madison Avenue   Actual 2014   69,880,799   23,175,050   46,705,749   0   46,705,749           Actual 2013   69,947,780   22,896,733   47,051,047   0   47,051,047    
6   Hampton Inn & Suites - Jacksonville Beach   Actual 2014   9,001,682   5,464,693   3,536,989   0   3,536,989   150   124   Actual 2013   7,708,831   5,027,516   2,681,315   0   2,681,315   136
7   Patrick Henry Mall   Actual 2014   16,827,786   5,687,874   11,139,912   0   11,139,912           Actual 2013   16,241,360   5,575,097   10,666,262   0   10,666,262    
8   Philadelphia Design & Distribution Center   Actual 2014   5,202,073   1,703,327   3,498,745   0   3,498,745           Actual 2013   5,328,805   1,925,316   3,403,489   0   3,403,489    
9   Warren Industrial Center   Actual 2013   3,434,582   560,577   2,874,005   0   2,874,005           Actual 2012   3,578,172   453,014   3,125,158   0   3,125,158    
9.01   27485 George Merrelli   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
9.02   27767 George Merrelli   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
9.03   7111 East 11 Mile Road   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
10   Brooks Landing Apartments   Actual 2014   3,036,473   1,213,535   1,822,938   58,000   1,764,938           Actual 2013   2,827,175   1,185,390   1,641,785   57,996   1,583,789    
11   Palouse Mall   Actual 2014   4,450,234   2,029,491   2,420,742   0   2,420,742           Actual 2013   4,291,272   2,050,306   2,240,966   0   2,240,966    
12   Silver Rock Apartments   Actual 2014   3,549,481   1,753,207   1,796,274   0   1,796,274           Actual 2013   3,599,493   1,735,084   1,864,409   0   1,864,409    
13   Ross Portfolio   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
13.01   Kohl’s - Lakewood, CO   Actual 2013   1,060,896   22,105   1,038,791   0   1,038,791           NAV   NAV   NAV   NAV   NAV   NAV    
13.02   Ronpak   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
14   Lawton Town Center   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
15   Zephyr Commons   Actual 2014   2,274,669   703,003   1,571,667   0   1,571,667           Actual 2013   2,158,739   646,888   1,511,851   0   1,511,851    
16   Ole London Towne Apartments   Actual 2014   3,810,122   2,251,137   1,558,985   0   1,558,985           Actual 2013   3,718,663   2,006,051   1,712,611   0   1,712,611    
17   Covington Plaza   Actual 2014   2,467,234   877,721   1,589,513   0   1,589,513           Actual 2013   2,271,553   807,454   1,464,099   0   1,464,099    
18   Bernstein Portfolio   Actual 2014   2,232,784   517,817   1,714,967   0   1,714,967           Actual 2013   2,027,068   515,356   1,511,712   0   1,511,712    
18.01   Oxford Lake Business Park   Actual 2014   800,999   185,764   615,235   0   615,235           Actual 2013   727,199   184,881   542,318   0   542,318    
18.02   400 North Business Park   Actual 2014   615,768   142,806   472,962   0   472,962           Actual 2013   559,034   142,127   416,907   0   416,907    
18.03   Corporate Campus at Meadows   Actual 2014   540,674   125,391   415,283   0   415,283           Actual 2013   490,860   124,795   366,065   0   366,065    
18.04   Miami Gardens   Actual 2014   275,343   63,856   211,487   0   211,487           Actual 2013   249,975   63,553   186,422   0   186,422    
19   Mountain Valley Center   Actual 2014   1,754,613   421,172   1,333,441   0   1,333,441           Actual 2013   1,778,848   424,272   1,354,575   0   1,354,575    
20   Ashley Place Apartments   Actual 2014   2,187,204   894,886   1,292,318   0   1,292,318           Actual 2013   2,041,769   863,493   1,178,276   0   1,178,276    
21   Barclay Square   Actual 2014   1,298,496   460,378   838,118   0   838,118           Actual 2013   1,295,317   435,279   860,037   0   860,037    
22   Windsor Square   Actual 2014   1,579,067   555,958   1,023,109   0   1,023,109           Actual 2013   1,471,922   525,905   946,017   0   946,017    
23   Holiday Inn - Lafayette   Actual 2014   5,228,982   3,610,803   1,618,179   0   1,618,179   121   77   Actual 2013   4,708,062   3,524,873   1,183,189   0   1,183,189   120
24   260 East Brown Street   Actual 2013   1,657,658   561,235   1,096,423   0   1,096,423           Actual 2012   1,513,534   570,631   942,903   0   942,903    
25   Hilton Garden Inn Oshkosh   Actual 2014   4,317,387   2,987,821   1,329,566   0   1,329,566   106   75   Actual 2013   4,449,066   3,041,389   1,407,677   0   1,407,677   103
26   Louisville Apartments - Ashton Park   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
27   Louisville Apartments - St. James   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
28   Bossier Corners   Actual 2014   1,342,154   415,192   926,962   0   926,962           Actual 2013   1,439,384   390,048   1,049,337   0   1,049,337    
29   Courtyard Marriott Philadelphia Bensalem   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV
30   Security Public Storage - Richmond   Actual 2014   1,398,614   503,899   894,715   0   894,715           Actual 2013   1,360,673   507,065   853,608   0   853,608    
31   Princessa Plaza   Actual 2014   1,079,860   275,146   804,714   0   804,714           Actual 2013   939,058   229,619   709,438   0   709,438    
32   Manchester Run Shopping Center   Actual 2014   1,566,108   415,414   1,150,694   0   1,150,694           Actual 2013   1,465,296   414,986   1,050,310   0   1,050,310    
33   Hilton Garden Inn Peachtree City   Actual 2014   3,770,487   2,303,164   1,467,323   0   1,467,323   111   88   Actual 2013   3,426,626   2,207,228   1,219,398   0   1,219,398   101
34   Reynolds MHC Portfolio 1   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
34.01   Lansing Park Terrace   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
34.02   Oakwood Meadows   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
34.03   Cedar Knob & Oak Creek Estates   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
34.04   Valli Village   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
34.05   Evergreen Village MHC   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
35   Infinite Self Storage Nora   Actual 2014   1,032,868   368,529   664,338   0   664,338           Actual 2013   950,506   336,536   613,970   0   613,970    
36   Beach MHP   Actual 2014   1,437,094   579,971   857,123   0   857,123           Actual 2013   1,402,361   586,112   816,249   0   816,249    
37   Northport Loop Office   Actual 2014   1,341,726   594,615   747,111   6,774   740,337           Actual 2013   1,201,608   517,031   684,577   36,812   647,765    
38   Burlington Coat Factory - Independence   Actual 2014   969,000   189,120   779,880   0   779,880           NAV   NAV   NAV   NAV   NAV   NAV    
39   Horizons Office Center   Actual 2014   1,588,583   775,763   812,820   0   812,820           Actual 2013   1,393,527   784,438   609,089   0   609,089    
40   Central Self Storage   Actual 2014   1,031,383   499,273   532,110   0   532,110           Actual 2013   842,252   453,542   388,710   0   388,710    
41   College Village   Actual 2014   1,065,373   297,543   767,831   0   767,831           Actual 2013   1,089,377   301,534   787,843   0   787,843    
42   Kohl’s - Wadsworth   Actual 2014   673,674   0   673,674   0   673,674           Actual 2013   673,674   0   673,674   0   673,674    
43   Comfort Inn & Suites Beachfront - Galveston   Actual 2014   1,640,767   1,252,726   388,040   0   388,040   127   45   NAV   NAV   NAV   NAV   NAV   NAV   NAV
44   Tides at Calabash   Actual 2013   1,141,850   714,193   427,657   0   427,657           Actual 2012   802,371   671,687   130,684   0   130,684    
45   8350 & 8366 Westheimer   Actual 2014   673,605   271,546   402,059   0   402,059           Actual 2013   674,993   199,500   475,493   0   475,493    
46   Advantage Mini Storage   Actual 2014   803,277   240,886   562,391   0   562,391           Actual 2013   784,723   240,470   544,253   0   544,253    
47   Midtown Marketplace   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
48   Fresh Thyme Market   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
49   Holiday Inn Express Somerset   Actual 2014   1,982,423   1,129,651   852,772   0   852,772   116   75   Actual 2013   1,756,775   1,178,636   578,139   0   578,139   123
50   Best Western - La Grande   Actual 2014   1,964,202   903,817   1,060,385   0   1,060,385   110   82   Actual 2013   1,819,992   835,213   984,779   0   984,779   105
51   The Pines Apartments   Actual 2014   1,245,401   702,538   542,863   0   542,863           Actual 2013   1,226,584   689,192   537,393   0   537,393    
52   Courtyards at Valley View   Actual 2014   840,785   435,529   405,256   0   405,256           Actual 2013   781,454   403,204   378,250   0   378,250    
53   Best Western Plus South Bay   Actual 2014   2,036,898   1,479,121   557,777   21,485   536,292   79   55   Actual 2013   2,873,146   1,946,377   926,770   8,214   918,556   65
54   Reynolds MHC Portfolio 3   Actual 2014   1,047,605   447,862   599,744   0   599,744           NAV   NAV   NAV   NAV   NAV   NAV    
54.01   Riverside   Actual 2014   460,861   195,255   265,606   0   265,606           Actual 2013   371,281   166,862   204,419   0   204,419    
54.02   Tuckaway MHC & Storage   Actual 2014   296,436   173,089   123,347   0   123,347           Actual 2013   259,021   174,415   84,605   0   84,605    
54.03   Camino Park   Actual 2014   158,134   38,138   119,996   0   119,996           NAV   NAV   NAV   NAV   NAV   NAV    
54.04   Prairie Place   Actual 2014   132,174   41,379   90,795   0   90,795           Actual 2013   104,628   23,292   81,336   0   81,336    
55   Fairfield Inn & Suites - Warner Robins   Actual 2013   1,487,110   872,067   615,043   0   615,043   88   54   Actual 2012   1,565,462   951,057   614,405   0   614,405   85
56   Champion Hills   Actual 2014   1,545,972   786,642   759,329   0   759,329           Actual 2013   1,527,413   756,638   770,775   0   770,775    
57   21 West Shopping Center   Actual 2014   649,961   176,503   473,458   0   473,458           Actual 2013   628,355   183,882   444,473   0   444,473    
58   Southcoast Beaches Center   Actual 2014   1,137,408   327,532   809,876   0   809,876           Actual 2013   939,305   314,962   624,343   0   624,343    
59   La Quinta Inn & Suites Smyrna   Actual 2014   2,036,560   1,198,116   838,444   0   838,444   94   72   Actual 2013   1,794,955   1,146,833   648,122   0   648,122   88
60   14 Mile & Middlebelt   Actual 2014   747,240   248,708   498,532   0   498,532           Actual 2013   743,100   254,746   488,354   0   488,354    
61   Gulfport Plaza   Actual 2014   499,402   107,734   391,668   0   391,668           Actual 2013   499,197   115,087   384,110   0   384,110    
62   Infinite Self Storage New Lenox   Actual 2014   502,653   152,399   350,255   0   350,255           Actual 2013   489,259   145,202   344,057   0   344,057    
63   Hampton Inn & Suites - Cape Coral   Actual 2014   1,864,489   1,262,705   601,784   0   601,784   98   67   Actual 2013   1,688,852   1,109,531   579,322   0   579,322   91
64   AA Climate Control Self Storage   TTM 8/31/2015   622,293   256,931   365,362   0   365,362           Actual 2014   566,795   238,355   328,440   0   328,440    
65   Avalon MHC   Actual 2014   515,273   191,367   323,906   0   323,906           Actual 2013   429,116   177,169   251,947   0   251,947    
66   Harris Teeter - Darnestown, MD   Actual 2014   471,977   5,602   466,375   0   466,375           Actual 2013   456,500   4,353   452,147   0   452,147    
67   Park West Self Storage   Actual 2014   759,548   329,010   430,538   0   430,538           Actual 2013   757,368   321,399   435,969   0   435,969    
68   Infinite Self Storage Plainfield   Actual 2014   497,124   188,754   308,370   0   308,370           Actual 2013   460,171   176,515   283,656   0   283,656    
69   Silverstone & Key Estates MHP   Actual 2014   870,937   371,565   499,373   0   499,373           Actual 2013   875,348   368,540   506,808   0   506,808    
69.01   Silverstone MHP   Actual 2014   562,409   237,351   325,058   0   325,058           Actual 2013   571,972   243,692   328,280   0   328,280    
69.02   Key Estates MHP   Actual 2014   308,528   134,213   174,315   0   174,315           Actual 2013   303,376   124,848   178,529   0   178,529    
70   Redan Village   Actual 2014   905,833   606,194   299,639   0   299,639           NAV   NAV   NAV   NAV   NAV   NAV    
71   Valleyfield Apartments   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
72   Big Ben Self Storage   Actual 2014   527,037   158,598   368,438   0   368,438           Actual 2013   517,640   138,657   378,983   0   378,983    
73   Royal Lane Office   Actual 2014   951,433   489,391   462,042   16,719   445,323           Actual 2013   959,088   502,208   456,880   102,666   354,215    
74   Infinite Self Storage Greenfield   Actual 2014   475,218   155,287   319,930   0   319,930           Actual 2013   430,908   159,692   271,216   0   271,216    
75   Walgreens - Franklin   Actual 2014   339,760   0   339,760   0   339,760           Actual 2013   339,760   0   339,760   0   339,760    
76   A-Safe Mini Storage Portfolio   Actual 2014   653,427   306,902   346,525   0   346,525           Actual 2013   601,667   281,108   320,559   418   320,141    
76.01   A-Safe Mini Storage Pineville   Actual 2014   344,391   162,339   182,052   0   182,052           Actual 2013   323,486   152,594   170,892   418   170,474    
76.02   A-Safe Mini Storage Ball   Actual 2014   309,037   144,563   164,474   0   164,474           Actual 2013   278,181   128,514   149,667   0   149,667    
77   City Center Retail - Lansing   Actual 2014   462,492   65,189   397,303   0   397,303           Actual 2013   464,948   125,091   339,858   0   339,858    
78   Parkway Pointe   Actual 2014   395,090   93,340   301,750   0   301,750           NAV   NAV   NAV   NAV   NAV   NAV    
79   Infinite Self Storage LaPorte   Actual 2014   390,604   116,803   273,801   0   273,801           Actual 2013   356,648   111,594   245,054   0   245,054    
80   DaVita Dialysis (Lakewood, CO)   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
81   Getzville Plaza   Actual 2014   502,122   135,417   366,704   22,164   344,541           Actual 2013   494,522   140,746   353,776   29,165   324,611    
82   Riviera Estates & Elm Grove MHP   Actual 2014   480,254   210,438   269,816   0   269,816           Actual 2013   457,665   218,345   239,320   0   239,320    
82.01   Elm Grove MHP   Actual 2014   279,056   113,457   165,599   0   165,599           Actual 2013   259,869   122,007   137,862   0   137,862    
82.02   Riviera Estates MHP   Actual 2014   201,198   96,981   104,217   0   104,217           Actual 2013   197,796   96,338   101,458   0   101,458    
83   CVS - Montgomery, AL   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
84   US 23 Self Storage   Actual 2014   555,772   146,544   409,228   0   409,228           Actual 2013   490,090   138,859   351,230   0   351,230    
85   Idaho Self Storage   Actual 2014   484,304   215,675   268,628   0   268,628           Actual 2013   452,165   193,665   258,500   0   258,500    
86   WAG - Staten Island   Actual 2013   294,048   2,941   291,107   0   291,107           Actual 2012   295,000   2,950   292,050   0   292,050    
87   CVS - Douglas, GA   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
88   Valley Palms MHC   TTM 9/30/2014   288,199   161,339   126,860   0   126,860           Actual 2013   280,419   163,727   116,692   0   116,692    
89   Summerhaven MHP   Actual 2014   534,710   273,200   261,510   0   261,510           NAV   NAV   NAV   NAV   NAV   NAV    

 

 

A-1-11
 

 

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

 

Mortgage Loan Number   Property Name   Second Most Recent Period   Second Most Recent Revenues ($)   Second Most Recent Expenses ($)   Second Most Recent NOI ($)   Second Most Recent Capital Expenditures   Second Most Recent NCF ($)   Second Most Recent Hotel ADR   Second Most Recent Hotel RevPAR   Third Most Recent Period   Third Most Recent Revenues ($)   Third Most Recent Expenses ($)   Third Most Recent NOI ($)   Third Most Recent Capital Expenditures   Third Most Recent NCF ($)   Third Most Recent Hotel ADR
90   Benbrook Commons   Actual 2014   326,066   103,348   222,718   0   222,718           Actual 2013   332,862   78,938   253,924   0   253,924    
91   Bell Plaza   Actual 2014   562,864   180,212   382,652   0   382,652           Actual 2013   557,560   171,400   386,159   0   386,159    
92   Shadow Trace   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
93   James Plaza   NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV    
94   Scioto Apartments   Actual 2014   502,550   243,244   259,306   0   259,306           Actual 2013   485,125   242,220   242,905   0   242,905    
95   Cahaba Mobile Home Estates   Actual 2014   447,690   175,595   272,095   0   272,095           Actual 2013   442,471   195,941   246,530   0   246,530    
96   Infinite Self Storage South Chicago   Actual 2014   359,757   239,652   120,105   0   120,105           Actual 2013   378,808   224,215   154,592   0   154,592    
97   Oaks MHC   Actual 2014   441,159   266,722   174,437   0   174,437           Actual 2013   443,536   288,455   155,081   0   155,081    
98   Ivywood Apartments   Actual 2014   360,829   178,581   182,248   0   182,248           Actual 2013   349,937   178,606   171,331   0   171,331    
99   Lake Bambi MHP   Actual 2014   296,260   141,289   154,971   0   154,971           Annualized 8 12/31/2013   236,119   142,419   93,700   0   93,700    
100   Little Street Village MHP   Actual 2014   264,814   55,614   209,200   0   209,200           Actual 2013   264,139   68,225   195,914   0   195,914    
101   Westgate Park MHC   Actual 2014   286,572   141,268   145,304   0   145,304           Actual 2013   285,403   152,599   132,804   0   132,804    
102   Newberry Woods Apartments   Actual 2014   397,219   213,054   184,165   0   184,165           Actual 2013   401,498   208,677   192,821   0   192,821    

 

 

A-1-12
 

 

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

 

Mortgage Loan Number   Property Name     Third Most Recent Hotel RevPAR   Master Lease (Y/N)   Largest Tenant Name(10)(11)(12)(13)   Largest Tenant Sq. Ft.   Largest
Tenant
% of NRA
  Largest Tenant Exp. Date   2nd Largest Tenant Name(10)(11)(12)(13)   2nd Largest Tenant Sq. Ft.   2nd Largest
Tenant
% of NRA
  2nd Largest Tenant Exp. Date   3rd Largest Tenant Name(10)(11)(12)   3rd Largest Tenant Sq. Ft.   3rd Largest
Tenant
% of NRA
  3rd Largest Tenant Exp. Date
1   745 Atlantic Avenue         N   WeWork   131,171   75.3%   4/30/2029   Cambridge Consultants   30,781   17.7%   6/30/2024   Dain, Torpy, Le Ray, Weist & Garner, PC   9,848   5.7%   11/30/2021
2   Sheraton Lincoln Harbor Hotel     155   N                                                
3   CityPlace I         N   United Healthcare Services, Inc   444,735   50.3%   4/30/2023   Bank of America   68,931   7.8%   3/31/2018   McCarter & English LLP   46,443   5.3%   10/31/2018
4   Courtyard Marriott - Tacoma     118   N                                                
5   11 Madison Avenue         N   Credit Suisse     1,266,051   55.4%   5/31/2037   Sony   578,791   25.3%   1/31/2031   Yelp   152,232   6.7%   4/30/2025
6   Hampton Inn & Suites - Jacksonville Beach     106   N                                                
7   Patrick Henry Mall         N   J.C. Penney   85,212   19.7%   10/31/2020   Dick’s Sporting Goods   50,250   11.6%   1/31/2022   Forever 21   21,017   4.9%   10/31/2022
8   Philadelphia Design & Distribution Center         N   City of Philadelphia   184,128   27.1%   6/30/2016   Resources for Human Development   108,107   15.9%   9/30/2021   Wissahickon Charter School   53,889   7.9%   7/31/2026
9   Warren Industrial Center         N   Various   Various   Various   Various                                
9.01   27485 George Merrelli         N   Detroit Testing Laboratory, Inc.   79,551   100.0%   11/30/2016                                
9.02   27767 George Merrelli         N   Android Industries-Sterling Heights, L.L.C.   150,000   100.0%   12/31/2019                                
9.03   7111 East 11 Mile Road         N   General Motors LLC   54,830   100.0%   2/28/2017                                
10   Brooks Landing Apartments         N                                                
11   Palouse Mall         N   Winco Foods   52,759   13.5%   1/31/2031   Macy’s   41,588   10.6%   1/29/2020   Ross Dress for Less   30,187   7.7%   1/31/2021
12   Silver Rock Apartments         N                                                
13   Ross Portfolio         N   Various   Various   Various   Various                                
13.01   Kohl’s - Lakewood, CO         N   Kohl’s   88,408   100.0%   1/31/2025                                
13.02   Ronpak         N   Ronpak, Inc.   117,000   100.0%   7/31/2030                                
14   Lawton Town Center         N   Kohls -- Ground Lease   55,469   26.7%   1/31/2035   Dick’s Sporting Goods   45,000   21.7%   1/31/2025   Bed Bath & Beyond   20,400   9.8%   1/31/2025
15   Zephyr Commons         N   Publix   54,340   47.1%   4/30/2029   Staples   18,437   16.0%   12/31/2019   Pet Supermarket   7,800   6.8%   1/31/2016
16   Ole London Towne Apartments         N                                                
17   Covington Plaza         N   The Fresh Market   22,496   12.3%   8/31/2020   Office Depot   21,944   12.0%   3/31/2022   Planet Fitness   18,200   10.0%   3/31/2023
18   Bernstein Portfolio         N   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various
18.01   Oxford Lake Business Park         N   Priority Payment Systems   69,426   67.6%   10/31/2020   Traffic Tech, Inc.   5,865   5.7%   9/30/2018   Diagnostic Reference Group   5,551   5.4%   4/30/2016
18.02   400 North Business Park         N   Amerifleet Transportation, Inc.   15,724   18.3%   7/31/2019   Tier One, Inc.   7,248   8.5%   8/31/2021   Pediatric Physicians   6,172   7.2%   4/30/2016
18.03   Corporate Campus at Meadows         N   PCL Industrial Construction   27,087   50.8%   6/30/2017   Huddle, Inc.   12,778   24.0%   7/31/2020   Schnabel Engineering South, LLC   8,263   15.5%   7/31/2017
18.04   Miami Gardens         N   Pasteur Medical Miami Gardens   5,486   60.3%   12/31/2021   Sprint Spectrum, L.P.   2,400   26.4%   6/30/2016   Buckeye Check Cashing of Florida   1,215   13.4%   7/31/2019
19   Mountain Valley Center         N   Safeway   51,864   59.8%   11/30/2016   Los Cabos   5,991   6.9%   8/31/2019   Taco Time   3,184   3.7%   5/31/2021
20   Ashley Place Apartments         N                                                
21   Barclay Square         N   Wal-Mart   42,018   42.4%   2/15/2024   Get Fitness   11,157   11.3%   12/31/2019   Tuesday Morning   8,629   8.7%   7/31/2019
22   Windsor Square         N   Burlington Coat Factory   100,035   33.8%   12/31/2018   Old Time Pottery, LLC.   67,817   22.9%   12/31/2024   Big Lots   42,233   14.3%   1/31/2018
23   Holiday Inn - Lafayette     67   N                                                
24   260 East Brown Street         N   R. H. Bluestein / Co.   8,832   17.5%   3/31/2016   Broder / Sachse Real Estate   8,138   16.2%   8/31/2019   Wunderlich Securities, Inc.   8,103   16.1%   4/30/2016
25   Hilton Garden Inn Oshkosh     74   N                                                
26   Louisville Apartments - Ashton Park         N                                                
27   Louisville Apartments - St. James         N                                                
28   Bossier Corners         N   Office Depot                31,200   22.1%   3/31/2020   2nd & Charles   21,166   15.0%   10/31/2024   Stage Stores   20,942   14.9%   1/31/2024
29   Courtyard Marriott Philadelphia Bensalem     NAV   N                                                
30   Security Public Storage - Richmond         N                                                
31   Princessa Plaza         N   Canyon Country Dialysis Center, LLC   7,492   20.2%   12/31/2022   Brennan Huges, DMD   3,308   8.9%   3/31/2024   Canyon Pediatric Dental Partnership aka Adventure Dental   2,422   6.5%   6/30/2016
32   Manchester Run Shopping Center         N   Sports Authority   42,668   67.5%   11/30/2023   Petco   20,564   32.5%   12/31/2018                
33   Hilton Garden Inn Peachtree City     79   N                                                
34   Reynolds MHC Portfolio 1         N                                                
34.01   Lansing Park Terrace         N                                                
34.02   Oakwood Meadows         N                                                
34.03   Cedar Knob & Oak Creek Estates         N                                                
34.04   Valli Village         N                                                
34.05   Evergreen Village MHC         N                                                
35   Infinite Self Storage Nora         N                                                
36   Beach MHP         N                                                
37   Northport Loop Office         N   Contract Metal Products   28,455   40.5%   8/31/2030   American Reprographics   17,200   24.5%   12/14/2019   Spin Transfer Tech   11,951   17.0%   12/31/2020
38   Burlington Coat Factory - Independence         N   Burlington Coat Factory   60,000   100.0%   2/28/2029                                
39   Horizons Office Center         N   Brown & Brown of Florida, Inc.   9,745   15.2%   12/31/2019   Rosenthal, Levy, Simon & Ryles P.A.   8,827   13.7%   10/11/2020   Cardiology Associates of Palm Beach, P.A.   8,353   13.0%   5/31/2019
40   Central Self Storage         N                                                
41   College Village         N   Food Lion   29,000   20.3%   12/31/2024   High Point University   20,000   14.0%   5/31/2018   Goodwill Industries   11,000   7.7%   2/28/2017
42   Kohl’s - Wadsworth         N   Kohl’s Illinois, Inc.   88,408   100.0%   10/31/2025                                
43   Comfort Inn & Suites Beachfront - Galveston     NAV   N                                                
44   Tides at Calabash         N                                                
45   8350 & 8366 Westheimer         N   Mattress Firm   4,725   20.4%   5/31/2018   Lone Star Foods (Saravana Bhavan)   4,595   19.9%   5/31/2024   CiCi’s Pizza   3,953   17.1%   6/30/2020
46   Advantage Mini Storage         N                                                
47   Midtown Marketplace         N   TJ Maxx   24,000   52.4%   1/31/2026   CATO Corportation   4,000   8.7%   1/31/2021   Hibbett Sporting Goods, Inc.   4,000   8.7%   8/31/2020
48   Fresh Thyme Market         N   Fresh Thyme Farmers Market   28,564   100.0%   8/31/2030                                
49   Holiday Inn Express Somerset     67   N                                                
50   Best Western - La Grande     76   N                                                
51   The Pines Apartments         N                                                
52   Courtyards at Valley View         N                                                
53   Best Western Plus South Bay     55   N                                                
54   Reynolds MHC Portfolio 3         N                                                
54.01   Riverside         N                                                
54.02   Tuckaway MHC & Storage         N                                                
54.03   Camino Park         N                                                
54.04   Prairie Place         N                                                
55   Fairfield Inn & Suites - Warner Robins     57   N                                                
56   Champion Hills         N   Littler Mendelson   26,222   33.9%   6/30/2018   Primary Care Services   20,561   26.5%   12/31/2021   Sysco Guest Supplies   6,047   7.8%   1/31/2016
57   21 West Shopping Center         N   Total Wine & More   10,398   36.3%   5/31/2019   Real Pro 1, LLC (dba RE/MAX)   3,735   13.0%   6/30/2021   Moe’s Southwest Grill   2,517   8.8%   5/31/2019
58   Southcoast Beaches Center         N   Ragtime   8,248   26.7%   4/30/2023   North Beach Fish Camp   5,421   17.6%   8/31/2017   Flying Iguana   4,243   13.7%   1/31/2018
59   La Quinta Inn & Suites Smyrna     64   N                                                
60   14 Mile & Middlebelt         N   J Pomodoro’s Fresh Mkt, LLC   27,037   53.4%   8/31/2018   Walgreen Co.   12,011   23.7%   7/31/2024   Tomatoes Pizza   2,480   4.9%   9/30/2031
61   Gulfport Plaza         N   PETCO Animal Supplies Stores, Inc.   12,125   35.6%   1/31/2026   CATO Fashion   5,000   14.7%   1/31/2020   Hibachi Express   4,560   13.4%   8/31/2019
62   Infinite Self Storage New Lenox         N                                                
63   Hampton Inn & Suites - Cape Coral     60   N                                                
64   AA Climate Control Self Storage         N                                                
65   Avalon MHC         Y                                                
66   Harris Teeter - Darnestown, MD         N   Harris Teeter   43,256   100.0%   10/31/2026                                
67   Park West Self Storage         N                                                
68   Infinite Self Storage Plainfield         N                                                
69   Silverstone & Key Estates MHP         N                                                
69.01   Silverstone MHP         N                                                
69.02   Key Estates MHP         N                                                
70   Redan Village         N                                                
71   Valleyfield Apartments         N                                                
72   Big Ben Self Storage         N                                                
73   Royal Lane Office         N   Family Legacy Missions International   10,541   14.4%   3/31/2018   FTGU Medical Consulting, LLC   7,559   10.3%   5/31/2016   Samumed, LLC   2,115   2.9%   2/28/2018
74   Infinite Self Storage Greenfield         N                                                
75   Walgreens - Franklin         N   Walgreens   15,120   100.0%   11/30/2070                                
76   A-Safe Mini Storage Portfolio         N                                                
76.01   A-Safe Mini Storage Pineville         N                                                
76.02   A-Safe Mini Storage Ball         N                                                
77   City Center Retail - Lansing         N   CVS   12,880   67.0%   1/31/2025   COSI   3,050   15.9%   6/30/2017   Due & A (OMI Sushi)   1,918   10.0%   6/30/2020
78   Parkway Pointe         N   Aldi Inc.   21,000   85.7%   10/31/2033   Eyemart Express   3,500   14.3%   12/31/2025                
79   Infinite Self Storage LaPorte         N                                                
80   DaVita Dialysis (Lakewood, CO)         N   DaVita Dialysis   13,852   100.0%   6/30/2026                                
81   Getzville Plaza         N   Dollar General   8,003   23.2%   3/31/2018   Town Dry Cleaners   2,700   7.8%   4/30/2017   Elmo’s   2,450   7.1%   1/31/2020
82   Riviera Estates & Elm Grove MHP         N   Various   Various   Various   Various   Various   Various   Various   Various                
82.01   Elm Grove MHP         N   Idaho Pizza Company   12,000   30769.2%   3/31/2018   Rodda Paints   4,500   11538.5%   5/31/2016                
82.02   Riviera Estates MHP         N                                                
83   CVS - Montgomery, AL         N   CVS   11,970   100.0%   1/31/2031                                
84   US 23 Self Storage         N                                                
85   Idaho Self Storage         N                                                
86   WAG - Staten Island         N   Walgreens   13,650   100.0%   7/30/2052                                
87   CVS - Douglas, GA         N   CVS   10,880   100.0%   1/31/2030                                
88   Valley Palms MHC         N                                                
89   Summerhaven MHP         N                                                

  

A-1-13
 

 

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

 

Mortgage Loan Number   Property Name     Third Most Recent Hotel RevPAR   Master Lease (Y/N)   Largest Tenant Name(10)(11)(12)(13)   Largest Tenant Sq. Ft.   Largest
Tenant
% of NRA
  Largest Tenant Exp. Date   2nd Largest Tenant Name(10)(11)(12)(13)   2nd Largest Tenant Sq. Ft.   2nd Largest
Tenant
% of NRA
  2nd Largest Tenant Exp. Date   3rd Largest Tenant Name(10)(11)(12)   3rd Largest Tenant Sq. Ft.   3rd Largest
Tenant
% of NRA
  3rd Largest Tenant Exp. Date
90   Benbrook Commons         N   Anytime Fitness   4,305   26.6%   11/30/2017   Edward D Jones & Co.   1,485   9.2%   1/31/2020   Skytalk-Metro PCS   1,450   9.0%   11/30/2021
91   Bell Plaza         N   West Marine Products Inc   5,394   20.9%   6/30/2016   Title Max of Arizona   3,300   12.8%   10/31/2017   Circle K Stores Inc   3,200   12.4%   6/4/2019
92   Shadow Trace         N                                                
93   James Plaza         N   AT&T   2,010   24.1%   10/15/2025   Starbucks   1,872   22.5%   4/30/2025   Jersey Mike’s   1,423   17.1%   6/30/2020
94   Scioto Apartments         N                                                
95   Cahaba Mobile Home Estates         N                                                
96   Infinite Self Storage South Chicago         N                                                
97   Oaks MHC         N                                                
98   Ivywood Apartments         N                                                
99   Lake Bambi MHP         N                                                
100   Little Street Village MHP         N                                                
101   Westgate Park MHC         N                                                
102   Newberry Woods Apartments         N                                                

 

 

A-1-14
 

 

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

 

Mortgage Loan Number   Property Name   4th Largest Tenant Name(10)(11)(12)   4th Largest Tenant Sq. Ft.   4th Largest
Tenant
% of NRA
  4th Largest Tenant Exp. Date   5th Largest Tenant Name(11)   5th Largest Tenant Sq. Ft.   5th Largest
Tenant
% of NRA
  5th Largest Tenant Exp. Date   Engineering Report Date   Environmental Report Date (Phase I)   Environmental Report Date (Phase II)   Seismic Report Date
1   745 Atlantic Avenue   Bloomberg, LP   2,225   1.3%   1/31/2017                   6/19/2015   5/6/2015        
2   Sheraton Lincoln Harbor Hotel                                   8/21/2015   8/21/2015        
3   CityPlace I   PricewaterhouseCoopers LLP   46,374   5.2%   6/30/2018   Murtha Cullina LLP   46,366   5.2%   4/30/2020   7/22/2015   8/7/2015        
4   Courtyard Marriott - Tacoma                                   7/9/2015   7/13/2015       7/9/2015
5   11 Madison Avenue   WME   103,426   4.5%   9/30/2030   Young & Rubicam, Inc.   99,107   4.3%   3/30/2019   4/30/2015   4/30/2015        
6   Hampton Inn & Suites - Jacksonville Beach                                   5/1/2015   6/10/2015        
7   Patrick Henry Mall   Old Navy Clothing Co.   16,741   3.9%   2/28/2017   Bailey’s Pub & Grille   8,265   1.9%   1/31/2021   5/8/2015   5/8/2015        
8   Philadelphia Design & Distribution Center   Northwestern Human Services   52,716   7.8%   4/30/2019   New Material Culture   42,278   6.2%   8/31/2016   7/7/2015   7/7/2015        
9   Warren Industrial Center                                   9/14/2015   9/14/2015        
9.01   27485 George Merrelli                                   9/14/2015   9/14/2015        
9.02   27767 George Merrelli                                   9/14/2015   9/14/2015        
9.03   7111 East 11 Mile Road                                   9/14/2015   9/14/2015        
10   Brooks Landing Apartments                                   6/29/2015   6/29/2015       6/24/2015
11   Palouse Mall   Bed Bath & Beyond   24,683   6.3%   1/31/2018   Rite Aid   22,164   5.7%   9/27/2021   7/29/2015   7/30/2015        
12   Silver Rock Apartments                                   7/20/2015   7/2/2015        
13   Ross Portfolio                                   9/24/2015   Various       Various
13.01   Kohl’s - Lakewood, CO                                   9/24/2015   9/16/2015        
13.02   Ronpak                                   9/24/2015   9/23/2015       9/23/2015
14   Lawton Town Center   JoAnn’s   18,000   8.7%   1/31/2025   Petco   12,500   6.0%   1/31/2025   7/23/2015   7/27/2015        
15   Zephyr Commons   Humana Marketpoint, Inc.   4,968   4.3%   10/31/2017   Mattress Firm   3,800   3.3%   6/30/2019   7/29/2015   7/29/2015        
16   Ole London Towne Apartments                                   7/17/2015   7/16/2015        
17   Covington Plaza   Jophiel   9,798   5.4%   12/31/2019   Woodhouse Spa   9,238   5.1%   8/14/2017   8/21/2015   8/18/2015        
18   Bernstein Portfolio   Various   Various   Various   Various   Various   Various   Various   Various   10/9/2014   Various        
18.01   Oxford Lake Business Park   Complete Health Diagnostics   4,378   4.3%   2/29/2020   ATLATL Communication Engineers   3,827   3.7%   2/29/2020   10/9/2014   10/10/2014        
18.02   400 North Business Park   Alpharetta Karate for Kids   5,772   6.7%   6/30/2017   Corrigo Incorporated   4,298   5.0%   4/30/2018   10/9/2014   10/9/2014        
18.03   Corporate Campus at Meadows   Cold River Land, LLC   5,152   9.7%   11/30/2015                   10/9/2014   10/10/2014        
18.04   Miami Gardens                                   10/9/2014   10/10/2014        
19   Mountain Valley Center   Arby’s   3,153   3.6%   6/30/2017   Jay Berry’s   2,756   3.2%   11/30/2022   8/13/2015   8/14/2015   9/3/2015   8/13/2015
20   Ashley Place Apartments                                   7/31/2015   7/31/2015        
21   Barclay Square   Goodyear Tires   6,000   6.1%   11/30/2018   Beef O Brady’s   3,600   3.6%   9/30/2021   6/24/2015   6/22/2015        
22   Windsor Square   Carmike Cinemas, Inc.   22,860   7.7%   4/30/2020   Amvets National Service Fnd   17,767   6.0%   1/31/2018   7/28/2015   7/28/2015        
23   Holiday Inn - Lafayette                                   6/10/2015   6/12/2015        
24   260 East Brown Street   Mbank   6,861   13.6%   6/30/2017   Valstone Partners, LLC   5,160   10.3%   2/28/2021   7/30/2015   7/30/2015        
25   Hilton Garden Inn Oshkosh                                   5/8/2015   5/13/2015        
26   Louisville Apartments - Ashton Park                                   7/10/2015   6/1/2015        
27   Louisville Apartments - St. James                                   7/10/2015   6/1/2015        
28   Bossier Corners   Kid to Kid   11,819   8.4%   7/31/2020   Tuesday Morning   11,200   8.0%   7/31/2016   5/29/2015   5/29/2015        
29   Courtyard Marriott Philadelphia Bensalem                                   8/11/2015   8/10/2015        
30   Security Public Storage - Richmond                                   8/26/2015   8/27/2015       8/27/2015
31   Princessa Plaza   Rochelle Cohen Feldman, M.D.   2,306   6.2%   12/31/2019   Dr. Elsa Garcia EVG Veterinary Hospital, Inc   1,943   5.2%   6/7/2025   9/22/2015   7/8/2015       9/22/2015
32   Manchester Run Shopping Center                                   8/24/2015   8/21/2015        
33   Hilton Garden Inn Peachtree City                                   5/14/2015   5/13/2015        
34   Reynolds MHC Portfolio 1                                   Various   Various        
34.01   Lansing Park Terrace                                   7/27/2015   7/21/2015        
34.02   Oakwood Meadows                                   7/21/2015   7/21/2015        
34.03   Cedar Knob & Oak Creek Estates                                   7/22/2015   7/23/2015        
34.04   Valli Village                                   7/21/2015   7/21/2015        
34.05   Evergreen Village MHC                                   7/21/2015   7/21/2015        
35   Infinite Self Storage Nora                                   9/3/2015   9/3/2015        
36   Beach MHP                                   9/2/2015   9/2/2015        
37   Northport Loop Office   UCT   9,000   12.8%   10/31/2018   VM Pharma   3,600   5.1%   8/31/2020   8/27/2015   8/28/2015       8/27/2015
38   Burlington Coat Factory - Independence                                   6/25/2015   6/25/2015        
39   Horizons Office Center   Extensible Computing LLC dba SL Powers   5,228   8.1%   7/31/2020   Palm Beach Prosthodontics, P.A.   5,173   8.1%   4/30/2023   6/16/2015   6/29/2015        
40   Central Self Storage                                   8/10/2015   8/10/2015        
41   College Village   Rainbow Apparel   8,595   6.0%   1/31/2021   Advance Auto Parts   8,325   5.8%   3/31/2021   8/26/2015   8/31/2015        
42   Kohl’s - Wadsworth                                   6/22/2015   6/22/2015        
43   Comfort Inn & Suites Beachfront - Galveston                                   4/29/2015   4/30/2015        
44   Tides at Calabash                                   8/21/2015   8/21/2015        
45   8350 & 8366 Westheimer   Panda Express, Inc.   2,785   12.0%   10/31/2017   Prime Comm. (At&t)   1,875   8.1%   7/31/2020   9/15/2015   9/15/2015        
46   Advantage Mini Storage                                   7/1/2015   6/11/2015        
47   Midtown Marketplace   VA ABC Board #361   3,200   7.0%   7/31/2022   Dunkin Donuts   1,750   3.8%   9/30/2025   9/4/2015   9/3/2015        
48   Fresh Thyme Market                                   6/12/2015   6/12/2015        
49   Holiday Inn Express Somerset                                   7/29/2015   7/29/2015        
50   Best Western - La Grande                                   8/17/2015   8/17/2015        
51   The Pines Apartments                                   8/19/2015   8/19/2015        
52   Courtyards at Valley View                                   8/19/2015   8/18/2015        
53   Best Western Plus South Bay                                   7/30/2015   7/30/2015       7/30/2015
54   Reynolds MHC Portfolio 3                                   Various   7/21/2015        
54.01   Riverside                                   7/21/2015   7/21/2015        
54.02   Tuckaway MHC & Storage                                   7/21/2015   7/21/2015        
54.03   Camino Park                                   7/22/2015   7/21/2015        
54.04   Prairie Place                                   7/21/2015   7/21/2015        
55   Fairfield Inn & Suites - Warner Robins                                   1/14/2015   1/15/2015        
56   Champion Hills   Applied Underwriters   5,676   7.3%   6/30/2017   Hair Club/Fatima Enterprises   4,735   6.1%   11/30/2025   9/4/2015   9/4/2015       9/4/2015
57   21 West Shopping Center   Katana Japanese Streakhouse   2,304   8.0%   12/5/2023   Atlantic Food Group (dba Jersey Mike’s)   1,725   6.0%   10/31/2015   8/5/2015   8/5/2015        
58   Southcoast Beaches Center   Mezza Luna   4,135   13.4%   6/30/2018   M Shack   2,067   6.7%   11/30/2016   7/15/2015   7/12/2015        
59   La Quinta Inn & Suites Smyrna                                   7/7/2015   7/7/2015        
60   14 Mile & Middlebelt   Greis Jewelers, Inc.   2,207   4.4%   11/30/2019   Joseph Xavier Salon, Inc.   982   1.9%   MTM   8/7/2015   8/7/2015        
61   Gulfport Plaza   Gamestop   3,166   9.3%   1/31/2020   South Mississippi Smiles, PLLC   2,880   8.4%   11/30/2018   8/5/2015   8/5/2015        
62   Infinite Self Storage New Lenox                                   9/3/2015   9/3/2015        
63   Hampton Inn & Suites - Cape Coral                                   6/26/2015   6/26/2015        
64   AA Climate Control Self Storage                                   8/21/2015   8/21/2015        
65   Avalon MHC                                   5/13/2015   5/13/2015        
66   Harris Teeter - Darnestown, MD                                   7/20/2015   7/20/2015        
67   Park West Self Storage                                   8/26/2015   8/26/2015       8/26/2015
68   Infinite Self Storage Plainfield                                   9/3/2015   9/3/2015        
69   Silverstone & Key Estates MHP                                   8/17/2015   8/17/2015        
69.01   Silverstone MHP                                   8/17/2015   8/17/2015        
69.02   Key Estates MHP                                   8/17/2015   8/17/2015        
70   Redan Village                                   6/2/2015   6/3/2015        
71   Valleyfield Apartments                                   5/31/2015   6/2/2015        
72   Big Ben Self Storage                                   7/29/2015   7/29/2015        
73   Royal Lane Office   Main Street Renewal LLC   2,041   2.8%   5/31/2016   Horizon Digital Finance   2,003   2.7%   12/31/2015   8/19/2015   8/21/2015        
74   Infinite Self Storage Greenfield                                   9/3/2015   9/3/2015        
75   Walgreens - Franklin                                   7/6/2015   7/23/2015        
76   A-Safe Mini Storage Portfolio                                   6/19/2015   Various        
76.01   A-Safe Mini Storage Pineville                                   6/19/2015   6/22/2015        
76.02   A-Safe Mini Storage Ball                                   6/19/2015   6/19/2015        
77   City Center Retail - Lansing   Cold Stone Creamery   1,383   7.2%   10/31/2017                   7/23/2015   7/27/2015        
78   Parkway Pointe                                   6/30/2015   6/30/2015        
79   Infinite Self Storage LaPorte                                   9/3/2015   9/3/2015        
80   DaVita Dialysis (Lakewood, CO)                                   9/16/2015   9/16/2015        
81   Getzville Plaza   Best Pizza   2,400   7.0%   11/30/2017   Bank of America   2,400   7.0%   7/31/2019   2/13/2015   3/31/2015   4/9/2015    
82   Riviera Estates & Elm Grove MHP                                   6/15/2015   6/12/2015        
82.01   Elm Grove MHP                                   6/15/2015   6/12/2015        
82.02   Riviera Estates MHP                                   6/15/2015   6/12/2015        
83   CVS - Montgomery, AL                                   7/30/2015   7/30/2015        
84   US 23 Self Storage                                   8/12/2015   8/12/2015        
85   Idaho Self Storage                                   7/23/2015   7/22/2015        
86   WAG - Staten Island                                   7/24/2015   7/27/2015        
87   CVS - Douglas, GA                                   7/31/2015   7/31/2015        
88   Valley Palms MHC                                   6/1/2015   6/1/2015        
89   Summerhaven MHP                                   9/9/2015   9/9/2015        

 

A-1-15
 

 

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

 

Mortgage Loan Number   Property Name   4th Largest Tenant Name(10)(11)(12)   4th Largest Tenant Sq. Ft.   4th Largest
Tenant
% of NRA
  4th Largest Tenant Exp. Date   5th Largest Tenant Name(11)   5th Largest Tenant Sq. Ft.   5th Largest
Tenant
% of NRA
  5th Largest Tenant Exp. Date   Engineering Report Date   Environmental Report Date (Phase I)   Environmental Report Date (Phase II)   Seismic Report Date
90   Benbrook Commons   Treat Me Sweet   1,430   8.8%   1/31/2016   Chinese Restaurant   1,425   8.8%   5/31/2020   8/3/2015   8/3/2015        
91   Bell Plaza   New Asia Kitchen   1,800   7.0%   9/30/2019   Cigar Warehouse LLC   1,240   4.8%   1/31/2018   8/24/2015   8/24/2015        
92   Shadow Trace                                   6/2/2015   6/2/2015        
93   James Plaza   Great Clips   1,333   16.0%   4/30/2020                   7/7/2015   7/7/2015        
94   Scioto Apartments                                   8/20/2015   8/18/2015        
95   Cahaba Mobile Home Estates                                   7/9/2015   7/9/2015        
96   Infinite Self Storage South Chicago                                   9/3/2015   9/3/2015        
97   Oaks MHC                                   9/9/2015   9/8/2015        
98   Ivywood Apartments                                   8/18/2015   8/4/2015        
99   Lake Bambi MHP                                   7/8/2015   7/8/2015        
100   Little Street Village MHP                                   7/21/2015   7/21/2015        
101   Westgate Park MHC                                   9/10/2015   9/10/2015        
102   Newberry Woods Apartments                                   8/14/2015   8/13/2015        

 

A-1-16
 

 

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

 

Mortgage Loan Number   Property Name Seismic PML %   Seismic Insurance Required  (Y/N)   Terrorism Insurance (Y/N)   Loan Purpose   Engineering Escrow / Deferred Maintenance ($)(7)   Tax Escrow (Initial)   Monthly Tax Escrow ($)   Tax Escrow - Cash or LoC   Tax Escrow - LoC Counterparty   Insurance Escrow (Initial)   Monthly Insurance Escrow ($)   Insurance Escrow - Cash or LoC   Insurance Escrow - LoC Counterparty   Upfront Replacement Reserve ($)   Monthly Replacement Reserve ($)(14)
1   745 Atlantic Avenue     N   Y   Acquisition   1,327,560   0   Springing           0   Springing           0   Springing
2   Sheraton Lincoln Harbor Hotel     N   Y   Refinance   0   0   Springing           0   Springing           0   4% of Gross Income from Operations
3   CityPlace I     N   Y   Acquisition   0   556,806   324,801   Cash       10,375   10,373   Cash       88,437   88,473
4   Courtyard Marriott - Tacoma 11.0%   N   Y   Refinance   0   67,026   33,513   Cash       77,832   5,987   Cash       20,833   Springing
5   11 Madison Avenue     N   Y   Acquisition   0   0   Springing           0   Springing           0   Springing
6   Hampton Inn & Suites - Jacksonville Beach     N   Y   Acquisition   0   297,772   37,221   Cash       0   Springing           0   31,192
7   Patrick Henry Mall     N   Y   Refinance   0   0   Springing           0   Springing           0   Springing
8   Philadelphia Design & Distribution Center     N   Y   Refinance   74,875   108,830   13,604   Cash       36,534   12,178   Cash       0   11,314
9   Warren Industrial Center     N   Y   Refinance   0   143,395   35,849   Cash       2,029   2,029   Cash       0   3,555
9.01   27485 George Merrelli     N   Y                                                
9.02   27767 George Merrelli     N   Y                                                
9.03   7111 East 11 Mile Road     N   Y                                                
10   Brooks Landing Apartments 5.0%   N   Y   Refinance   0   256,792   34,938   Cash       48,220   4,018   Cash       0   4,833
11   Palouse Mall     N   Y   Acquisition   115,750   0   Springing           0   Springing           10,120   10,120
12   Silver Rock Apartments     N   Y   Acquisition   0   547,271   60,808   Cash       22,269   7,423   Cash       0   7,164
13   Ross Portfolio Various   N   Y   Acquisition   0   66,805   Springing   Cash       26,714   6,678   Cash       0   Springing
13.01   Kohl’s - Lakewood, CO     N   Y                                                
13.02   Ronpak 12.0%   N   Y                                                
14   Lawton Town Center     N   Y   Refinance   0   48,789   12,661; Springing   Cash       28,416   4,737; Springing   Cash       0   2,595; Springing
15   Zephyr Commons     N   Y   Refinance   0   0   Springing           0   Springing           0   1,441
16   Ole London Towne Apartments     N   Y   Refinance   86,250   171,445   14,844   Cash       153,229   16,215   Cash       0   9,300
17   Covington Plaza     N   Y   Acquisition   0   0   35,453   Cash       0   Springing           0   2,286
18   Bernstein Portfolio     N   Y   Refinance   127,400   81,333   16,267   Cash       20,628   2,579   Cash       4,180   4,180
18.01   Oxford Lake Business Park     N   Y                                                
18.02   400 North Business Park     N   Y                                                
18.03   Corporate Campus at Meadows     N   Y                                                
18.04   Miami Gardens     N   Y                                                
19   Mountain Valley Center 10.0%   N   Y   Refinance   0   14,350   7,175   Cash       0   Springing           60,000   1,700
20   Ashley Place Apartments     N   Y   Refinance   76,563   18,094   9,047   Cash       74,624   9,328   Cash       199,500   5,542
21   Barclay Square     N   Y   Acquisition   66,044   0   Springing           0   Springing           0   0
22   Windsor Square     N   Y   Acquisition   13,813   184,765   19,552   Cash       20,081   Springing   Cash       0   3,991
23   Holiday Inn - Lafayette     N   Y   Acquisition   0   113,053   18,842   Cash       5,355   5,355   Cash       22,533   22,533
24   260 East Brown Street     N   Y   Refinance   0   30,897   15,448   Cash       0   Springing           0   838
25   Hilton Garden Inn Oshkosh     N   Y   Refinance   0   40,667   20,333   Cash       41,054   3,732   Cash       14,526   14,526
26   Louisville Apartments - Ashton Park     N   Y   Acquisition   0   94,346   9,435   Cash       5,875   2,938   Cash       1,875   1,875
27   Louisville Apartments - St. James     N   Y   Acquisition   0   26,603   2,660   Cash       1,657   829   Cash       565   565
28   Bossier Corners     N   Y   Acquisition   904,795   49,655   6,207   Cash       54,002   4,909   Cash       2,348   2,348
29   Courtyard Marriott Philadelphia Bensalem     N   Y   Refinance   0   40,257   13,419   Cash       23,328   3,333   Cash       6,025   6,025
30   Security Public Storage - Richmond 16.0%   N   Y   Refinance   0   0   Springing           0   Springing           0   Springing
31   Princessa Plaza 12.0%   N   Y   Refinance   2,500   68,162   9,737   Cash       12,129   1,103   Cash       0   622
32   Manchester Run Shopping Center     N   Y   Refinance   0   108,710   21,008   Cash       11,096   1,585   Cash       0   1,423
33   Hilton Garden Inn Peachtree City     N   Y   Refinance   0   73,616   7,362   Cash       11,909   2,382   Cash       0   12,847
34   Reynolds MHC Portfolio 1     N   Y   Refinance   142,500   96,765   12,096   Cash       0   3,075   Cash       0   2,582
34.01   Lansing Park Terrace     N   Y                                                
34.02   Oakwood Meadows     N   Y                                                
34.03   Cedar Knob & Oak Creek Estates     N   Y                                                
34.04   Valli Village     N   Y                                                
34.05   Evergreen Village MHC     N   Y                                                
35   Infinite Self Storage Nora     N   Y   Refinance   0   70,365   10,052   Cash       3,421   684   Cash       1,156   1,156
36   Beach MHP     N   Y   Refinance   9,375   43,201   21,600   Cash       2,693   1,347   Cash       867   867
37   Northport Loop Office 15.0%   N   Y   Refinance   0   55,465   7,924   Cash       4,769   2,385   Cash       878   878
38   Burlington Coat Factory - Independence     N   Y   Refinance   0   89,609   11,201   Cash       8,375   698   Cash       750   750
39   Horizons Office Center     N   Y   Acquisition   0   112,000   13,333   Cash       11,136   5,303   Cash       400,000   1,071
40   Central Self Storage     N   Y   Acquisition   0   29,301   9,767   Cash       5,282   2,641   Cash       0   1,239
41   College Village     N   Y   Acquisition   127,825   29,595   7,399   Cash       20,693   6,898   Cash       0   1,783
42   Kohl’s - Wadsworth     N   Y   Refinance   8,438   0   Springing           0   Springing           0   Springing
43   Comfort Inn & Suites Beachfront - Galveston     N   Y   Refinance   7,500   40,100   3,645   Cash       36,561   12,187   Cash       8,264   8,264
44   Tides at Calabash     N   Y   Refinance   0   0   6,178   Cash       0   Springing           0   3,500
45   8350 & 8366 Westheimer     N   Y   Refinance   0   151,330   13,757   Cash       7,532   1,883   Cash       0   597
46   Advantage Mini Storage     N   Y   Refinance   0   53,058   5,895   Cash       3,516   1,758   Cash       39,822   1,659
47   Midtown Marketplace     N   Y   Refinance   0   22,400   7,467   Cash       4,367   728   Cash       572   572
48   Fresh Thyme Market     N   Y   Acquisition   0   0   Springing           1,999   500; Springing   Cash       0   Springing
49   Holiday Inn Express Somerset     N   Y   Refinance   0   0   8,667   Cash       7,895   1,880   Cash       0   6,958
50   Best Western - La Grande     N   Y   Refinance   0   0   2,815   Cash       2,572   612   Cash       0   6,543
51   The Pines Apartments     N   Y   Refinance   36,250   44,390   8,878   Cash       50,172   7,306   Cash       0   4,326
52   Courtyards at Valley View     N   Y   Refinance   37,544   61,958   6,556   Cash       34,969   3,028   Cash       0   1,979
53   Best Western Plus South Bay 11.0%   N   Y   Refinance   83,118   33,843   3,760   Cash       14,417   2,403   Cash       100,000   7,887
54   Reynolds MHC Portfolio 3     N   Y   Refinance   121,375   33,872   4,234   Cash       0   3,523   Cash       0   1,317
54.01   Riverside     N   Y                                                
54.02   Tuckaway MHC & Storage     N   Y                                                
54.03   Camino Park     N   Y                                                
54.04   Prairie Place     N   Y                                                
55   Fairfield Inn & Suites - Warner Robins     N   Y   Refinance   0   48,599   4,860   Cash       17,966   1,382   Cash       4,970   4,970
56   Champion Hills 8.0%   N   Y   Acquisition   1,250   61,060   20,353   Cash       1,000   1,000   Cash       2,065   2,065
57   21 West Shopping Center     N   Y   Refinance   5,000   6,361   2,184   Cash       9,873   1,097   Cash       0   478
58   Southcoast Beaches Center     N   Y   Refinance   10,135   109,977   13,093   Cash       32,987   3,142   Cash       0   0
59   La Quinta Inn & Suites Smyrna     N   Y   Refinance   0   42,411   6,059   Cash       9,120   1,520   Cash       6,610   6,610
60   14 Mile & Middlebelt     N   Y   Refinance   0   22,707   7,569   Cash       0   1,826   Cash       0   843
61   Gulfport Plaza     N   Y   Acquisition   32,500   35,545   3,761   Cash       1,633   778   Cash       0   708
62   Infinite Self Storage New Lenox     N   Y   Refinance   12,282   10,759   3,586   Cash       3,079   616   Cash       570   570
63   Hampton Inn & Suites - Cape Coral     N   Y   Refinance   0   49,491   5,892   Cash       8,156   2,589   Cash       0   7,209
64   AA Climate Control Self Storage     N   Y   Acquisition   1,875   58,737   4,895   Cash       5,373   2,687   Cash       1,030   1,030
65   Avalon MHC     N   Y   Refinance   73,813   21,976   1,998   Cash       12,804   854   Cash       904   904
66   Harris Teeter - Darnestown, MD     N   Y   Refinance   0   0   Springing           0   Springing           0   Springing
67   Park West Self Storage 7.0%   N   Y   Refinance   0   0   Springing           0   Springing           0   Springing
68   Infinite Self Storage Plainfield     N   Y   Refinance   0   40,468   5,781   Cash       2,430   486   Cash       524   524
69   Silverstone & Key Estates MHP     N   Y   Refinance   22,813   12,914   3,229   Cash       12,916   994   Cash       942   942
69.01   Silverstone MHP     N   Y                                                
69.02   Key Estates MHP     N   Y                                                
70   Redan Village     N   Y   Acquisition   308,965   47,522   3,394   Cash       25,060   2,088   Cash       31,035   3,966
71   Valleyfield Apartments     N   Y   Acquisition   352,528   59,241   4,232   Cash       23,180   1,932   Cash       52,472   3,366
72   Big Ben Self Storage     N   Y   Acquisition   0   27,759   3,305   Cash       2,373   565   Cash       0   1,094
73   Royal Lane Office     N   Y   Refinance   37,500   97,586   9,759   Cash       12,383   1,769   Cash       2,445   2,445
74   Infinite Self Storage Greenfield     N   Y   Refinance   0   21,150   3,021   Cash       1,463   293   Cash       481   481
75   Walgreens - Franklin     N   Y   Acquisition   0   0   Springing           0   Springing           0   Springing
76   A-Safe Mini Storage Portfolio     N   Y   Refinance   0   51,683   5,743   Cash       2,133   711   Cash       636   636
76.01   A-Safe Mini Storage Pineville     N   Y                                                
76.02   A-Safe Mini Storage Ball     N   Y                                                
77   City Center Retail - Lansing     N   Y   Refinance   0   6,520   3,260; Springing   Cash       1,578   263   Cash       0   Springing
78   Parkway Pointe     N   Y   Refinance   0   26,443   5,289   Cash       1,014   1,014   Cash       306   306
79   Infinite Self Storage LaPorte     N   Y   Refinance   0   17,412   2,487   Cash       1,278   256   Cash       630   630
80   DaVita Dialysis (Lakewood, CO)     N   Y   Acquisition   27,894   12,785   Springing   Cash       1,034   148   Cash       0   231
81   Getzville Plaza     N   Y   Refinance   0   12,026   6,013   Cash       11,797   1,072   Cash       1,036   1,036
82   Riviera Estates & Elm Grove MHP     N   Y   Acquisition   45,313   13,370   4,457   Cash       2,288   1,144   Cash       552   552
82.01   Elm Grove MHP     N   Y                                                
82.02   Riviera Estates MHP     N   Y                                                
83   CVS - Montgomery, AL     N   N   Refinance   0   0   Springing           0   Springing           0   Springing
84   US 23 Self Storage     N   Y   Refinance   0   22,239   4,448   Cash       1,329   443   Cash       765   765
85   Idaho Self Storage     N   Y   Refinance   0   12,894   3,224   Cash       0   766   Cash       771   771
86   WAG - Staten Island     N   N   Refinance   0   0   Springing           0   Springing           0   Springing
87   CVS - Douglas, GA     N   N   Refinance   0   0   Springing           0   Springing           0   Springing
88   Valley Palms MHC     N   Y   Refinance   0   8,465   941   Cash       0   409   Cash       421   421
89   Summerhaven MHP     N   Y   Acquisition   1,875   13,406   1,219   Cash       1,352   676   Cash       554   554

 

A-1-17
 

 

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

 

Mortgage Loan Number   Property Name Seismic PML %   Seismic Insurance Required  (Y/N)   Terrorism Insurance (Y/N)   Loan Purpose   Engineering Escrow / Deferred Maintenance ($)(7)   Tax Escrow (Initial)   Monthly Tax Escrow ($)   Tax Escrow - Cash or LoC   Tax Escrow - LoC Counterparty   Insurance Escrow (Initial)   Monthly Insurance Escrow ($)   Insurance Escrow - Cash or LoC   Insurance Escrow - LoC Counterparty   Upfront Replacement Reserve ($)   Monthly Replacement Reserve ($)(14)
90   Benbrook Commons     N   Y   Acquisition   12,289   36,326   3,844   Cash       2,560   1,219   Cash       0   269
91   Bell Plaza     N   Y   Refinance   14,281   4,802   4,802   Cash       5,070   845   Cash       0   430
92   Shadow Trace     N   Y   Acquisition   215,396   48,205   3,443   Cash       14,954   1,246   Cash       59,604   2,066
93   James Plaza     N   Y   Refinance   0   4,959   1,653   Cash       420   210   Cash       104   104
94   Scioto Apartments     N   Y   Refinance   3,000   15,727   5,242   Cash       13,003   1,445   Cash       0   2,000
95   Cahaba Mobile Home Estates     N   Y   Acquisition   14,375   9,642   803   Cash       1,985   993   Cash       754   754
96   Infinite Self Storage South Chicago     N   Y   Refinance   0   43,314   10,828   Cash       2,290   458   Cash       604   604
97   Oaks MHC     N   Y   Refinance   41,000   10,031   2,485   Cash       1,329   443   Cash       704   704
98   Ivywood Apartments     N   Y   Refinance   3,000   9,266   3,089   Cash       7,383   820   Cash       0   1,675
99   Lake Bambi MHP     N   Y   Acquisition   59,688   21,630   1,803   Cash       728   364   Cash       292   292
100   Little Street Village MHP     N   Y   Refinance   4,363   3,284   274   Cash       1,041   1,041   Cash       288   288
101   Westgate Park MHC     N   Y   Acquisition   12,500   13,479   1,123   Cash       752   376   Cash       454   454
102   Newberry Woods Apartments     N   Y   Refinance   3,000   7,414   3,707   Cash       7,333   1,222   Cash       0   1,525

 

A-1-18
 

 

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

 

Mortgage Loan Number   Property Name   Replacement Reserve Cap ($)   Replacement Reserve Escrow - Cash or LoC   Replacement Reserve Escrow - LoC Counterparty   Upfront TI/LC Reserve ($)(10)   Monthly TI/LC Reserve ($)(15)   TI/LC Reserve Cap ($)(16)   TI/LC Escrow - Cash or LoC   TI/LC Escrow - LoC Counterparty   Debt Service Escrow (Initial) ($)   Debt Service Escrow (Monthly) ($)   Debt Service Escrow - Cash or LoC   Debt Service Escrow - LoC Counterparty   Other Escrow I Reserve Description
1   745 Atlantic Avenue   0           0   Springing   0           0   0           Cambridge Consulting Reserve
2   Sheraton Lincoln Harbor Hotel   0   Cash       0   0   0           0   0           Additional Room Reserve
3   CityPlace I   0   Cash       3,000,000   110,546   4,500,000   Cash       0   0           Tenant Specific TILC Reserve
4   Courtyard Marriott - Tacoma   0   Cash       0   0   0           0   0            
5   11 Madison Avenue   0           0   0   0           0   0           Tenant Specific Reserves
6   Hampton Inn & Suites - Jacksonville Beach   0   Cash       0   0   0           0   0           PIP Reserve
7   Patrick Henry Mall   0           0   0   0           0   0            
8   Philadelphia Design & Distribution Center   0   Cash       0   25,455; Springing   750,000   Cash       0   0            
9   Warren Industrial Center   0   Cash       500,000   10,201; Springing   500,000   Cash       0   0           Supplemental Rollover Reserve
9.01   27485 George Merrelli                                                    
9.02   27767 George Merrelli                                                    
9.03   7111 East 11 Mile Road                                                    
10   Brooks Landing Apartments   0   Cash       0   0   0           0   0            
11   Palouse Mall   0   Cash       750,000   32,000   550,000   Cash       0   0            
12   Silver Rock Apartments   410,000   Cash       0   0   0           0   0           Irrigation System Reserve
13   Ross Portfolio   0           0   Springing   0           0   0           Anchor Tenant Rollover Reserve
13.01   Kohl’s - Lakewood, CO                                                    
13.02   Ronpak                                                    
14   Lawton Town Center   150,000   Cash       0   8,750; Springing   700,000   Cash       0   0           Tenant Specific TILC Reserve
15   Zephyr Commons   0   Cash       0   7,207; Springing   260,000   Cash       0   0            
16   Ole London Towne Apartments   0   Cash       0   0   0           0   0            
17   Covington Plaza   82,300   Cash       500,000   8,333   300,000   Cash       0   0           Office Depot Reserve
18   Bernstein Portfolio   0   Cash       12,500   12,500   0   Cash       0   0            
18.01   Oxford Lake Business Park                                                    
18.02   400 North Business Park                                                    
18.03   Corporate Campus at Meadows                                                    
18.04   Miami Gardens                                                    
19   Mountain Valley Center   0   Cash       0   3,150   0   Cash       0   0           Safeway Reserve
20   Ashley Place Apartments   199,500   Cash       0   0   0           0   0            
21   Barclay Square   0           0   0   0           0   0            
22   Windsor Square   143,678   Cash       1,537,000   Springing   1,250,000   Cash       0   0           Old Time Pottery Repair Funds
23   Holiday Inn - Lafayette   0   Cash       0   0   0           0   0           Ground Lease Reserve
24   260 East Brown Street   0   Cash       0   6,288   400,000   Cash       0   0            
25   Hilton Garden Inn Oshkosh   0   Cash       0   0   0           0   0           Room Refresh Reserve
26   Louisville Apartments - Ashton Park   115,266   Cash       0   0   0           0   0            
27   Louisville Apartments - St. James   34,734   Cash       0   0   0           0   0            
28   Bossier Corners   0   Cash       10,417   10,417   625,000   Cash       0   0           Kid-to-Kid TI Reserve
29   Courtyard Marriott Philadelphia Bensalem   0   Cash       0   0   0           0   0           Seasonality Reserve
30   Security Public Storage - Richmond   0           0   0   0           0   0            
31   Princessa Plaza   0   Cash       35,000   3,880   150,000   Cash       0   0           Dialysis Space Retenanting Funds
32   Manchester Run Shopping Center   0   Cash       0   2,722   163,000   Cash       0   0            
33   Hilton Garden Inn Peachtree City   0   Cash       0   0   0           0   0            
34   Reynolds MHC Portfolio 1   0   Cash       0   0   0           0   0           Borrower Owned Home Funds
34.01   Lansing Park Terrace                                                    
34.02   Oakwood Meadows                                                    
34.03   Cedar Knob & Oak Creek Estates                                                    
34.04   Valli Village                                                    
34.05   Evergreen Village MHC                                                    
35   Infinite Self Storage Nora   0   Cash       0   0   0           0   0            
36   Beach MHP   0   Cash       0   0   0           0   0            
37   Northport Loop Office   21,062   Cash       5,670   5,670   272,168   Cash       0   0            
38   Burlington Coat Factory - Independence   0   Cash       0   0   0           0   0            
39   Horizons Office Center   0   Cash       0   5,354   0   Cash       0   0            
40   Central Self Storage   0   Cash       0   0   0           0   0            
41   College Village   0   Cash       150,000   6,563   250,000   Cash       0   0            
42   Kohl’s - Wadsworth   0           0   Springing   0           0   0            
43   Comfort Inn & Suites Beachfront - Galveston   0   Cash       0   0   0           0   0           Seasonality Reserve
44   Tides at Calabash   0   Cash       0   0   0           0   0            
45   8350 & 8366 Westheimer   0   Cash       5,906   2,363; Springing   50,000   Cash       0   0            
46   Advantage Mini Storage   39,822   Cash       0   0   0           0   0            
47   Midtown Marketplace   0   Cash       3,218   3,218   250,000   Cash       0   0           ABC Lease Replacement
48   Fresh Thyme Market   0           0   0   0           0   0           Lease Guaranty Reserve
49   Holiday Inn Express Somerset   0   Cash       0   0   0           0   0           Seasonality Reserve
50   Best Western - La Grande   0   Cash       0   0   0           0   0           PIP Reserve Funds
51   The Pines Apartments   200,000   Cash       0   0   0           0   0            
52   Courtyards at Valley View   0   Cash       0   0   0           0   0           Renovation Funds
53   Best Western Plus South Bay   0   Cash       300   300   0   Cash       0   0            
54   Reynolds MHC Portfolio 3   0   Cash       0   0   0           0   0           Borrower Owned Home Funds
54.01   Riverside                                                    
54.02   Tuckaway MHC & Storage                                                    
54.03   Camino Park                                                    
54.04   Prairie Place                                                    
55   Fairfield Inn & Suites - Warner Robins   0   Cash       0   0   0           0   0           PIP Reserve
56   Champion Hills   0   Cash       285,000   4,583   350,000   Cash       0   0           HVAC Reserve
57   21 West Shopping Center   0   Cash       0   2,083   100,000   Cash       0   0           Total Wine Reserve
58   Southcoast Beaches Center   0           0   0   0           0   0            
59   La Quinta Inn & Suites Smyrna   0   Cash       0   0   0           0   0           Seasonality Reserve
60   14 Mile & Middlebelt   30,000   Cash       0   2,708   0   Cash       0   0            
61   Gulfport Plaza   0   Cash       0   2,834   136,000   Cash       0   0            
62   Infinite Self Storage New Lenox   0   Cash       0   0   0           0   0            
63   Hampton Inn & Suites - Cape Coral   0   Cash       0   0   0           0   0           Seasonality Fund
64   AA Climate Control Self Storage   37,076   Cash       0   0   0           0   0            
65   Avalon MHC   0   Cash       0   0   0           0   0            
66   Harris Teeter - Darnestown, MD   0           0   Springing   0           0   0            
67   Park West Self Storage   0           0   0   0           0   0            
68   Infinite Self Storage Plainfield   0   Cash       0   0   0           0   0            
69   Silverstone & Key Estates MHP   0   Cash       0   0   0           0   0           Home Reserve
69.01   Silverstone MHP                                                    
69.02   Key Estates MHP                                                    
70   Redan Village   0   Cash       0   0   0           0   0            
71   Valleyfield Apartments   0   Cash       0   0   0           0   0            
72   Big Ben Self Storage   0   Cash       0   0   0           0   0            
73   Royal Lane Office   0   Cash       4,719   4,719   150,000   Cash       0   0           HVAC Reserve
74   Infinite Self Storage Greenfield   0   Cash       0   0   0           0   0            
75   Walgreens - Franklin   0           0   Springing   0           0   0            
76   A-Safe Mini Storage Portfolio   30,541   Cash       0   0   0           0   0           Paving Reserve
76.01   A-Safe Mini Storage Pineville                                                    
76.02   A-Safe Mini Storage Ball                                                    
77   City Center Retail - Lansing   0           0   Springing   0           0   0           Springing CVS Reserve
78   Parkway Pointe   0   Cash       0   0   0           0   0            
79   Infinite Self Storage LaPorte   0   Cash       0   0   0           0   0            
80   DaVita Dialysis (Lakewood, CO)   0   Cash       0   Springing   0           0   0            
81   Getzville Plaza   0   Cash       2,399   2,399   115,152   Cash       0   0           Dollar General Reserve
82   Riviera Estates & Elm Grove MHP   0   Cash       1,031   1,031   37,125   Cash       0   0            
82.01   Elm Grove MHP                                                    
82.02   Riviera Estates MHP                                                    
83   CVS - Montgomery, AL   0           0   Springing   0           0   0            
84   US 23 Self Storage   0   Cash       0   0   0           0   0            
85   Idaho Self Storage   0   Cash       0   0   0           0   0            
86   WAG - Staten Island   0           0   Springing   0           0   0           Ground Rent Reserve
87   CVS - Douglas, GA   0           0   Springing   0           0   0            
88   Valley Palms MHC   0   Cash       0   0   0           0   0            
89   Summerhaven MHP   0   Cash       0   0   0           0   0           Capital Improvement Reserve

 

A-1-19
 

 

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

 

Mortgage Loan Number   Property Name   Replacement Reserve Cap ($)   Replacement Reserve Escrow - Cash or LoC   Replacement Reserve Escrow - LoC Counterparty   Upfront TI/LC Reserve ($)(10)   Monthly TI/LC Reserve ($)(15)   TI/LC Reserve Cap ($)(16)   TI/LC Escrow - Cash or LoC   TI/LC Escrow - LoC Counterparty   Debt Service Escrow (Initial) ($)   Debt Service Escrow (Monthly) ($)   Debt Service Escrow - Cash or LoC   Debt Service Escrow - LoC Counterparty   Other Escrow I Reserve Description
90   Benbrook Commons   0   Cash       0   1,347   48,489   Cash       0   0           Edward Jones Free Rent Funds
91   Bell Plaza   0   Cash       100,000   1,715   0   Cash       0   0            
92   Shadow Trace   0   Cash       0   0   0           0   0            
93   James Plaza   0   Cash       556   556   0   Cash       0   0           Vacant Space Reserve
94   Scioto Apartments   120,000   Cash       0   0   0           0   0            
95   Cahaba Mobile Home Estates   0   Cash       0   0   0           0   0            
96   Infinite Self Storage South Chicago   0   Cash       0   0   0           0   0            
97   Oaks MHC   0   Cash       0   0   0           0   0           Capital Improvement Reserve
98   Ivywood Apartments   100,500   Cash       0   0   0           0   0            
99   Lake Bambi MHP   0   Cash       0   0   0           0   0            
100   Little Street Village MHP   0   Cash       0   0   0           0   0            
101   Westgate Park MHC   0   Cash       0   0   0           0   0            
102   Newberry Woods Apartments   91,500   Cash       0   0   0           0   0            

 

A-1-20
 

 

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

 

Mortgage Loan Number   Property Name     Other Escrow I (Initial) ($)(4)(10)   Other Escrow I (Monthly) ($)   Other Escrow I Cap ($)   Other Escrow I Escrow - Cash or LoC   Other  Escrow I - LoC Counterparty   Other Escrow II Reserve Description   Other Escrow II (Initial) ($)(10)  
1   745 Atlantic Avenue     337,093   0   0   Cash       Tenant Specific TILC Reserve   1,784,225  
2   Sheraton Lincoln Harbor Hotel     1,700,000   0   0   Cash           0  
3   CityPlace I     2,056,337   0   0   Cash       Rent Concession Reserve   257,028  
4   Courtyard Marriott - Tacoma     0   0   0               0  
5   11 Madison Avenue     81,152,102   0   0   Cash       Sony Free Rent / CS Sublease / Title Endorsement Reserve   Sony Free Rent - $18,847,898 / CS Sublease - $36,500,000 / Title Endorsement - $1,000  
6   Hampton Inn & Suites - Jacksonville Beach     275,000   Springing   0   Cash       Seasonality Reserve   67,220  
7   Patrick Henry Mall     0   0   0               0  
8   Philadelphia Design & Distribution Center     0   0   0               0  
9   Warren Industrial Center     1,000,000   0   0   Cash           0  
9.01   27485 George Merrelli                                
9.02   27767 George Merrelli                                
9.03   7111 East 11 Mile Road                                
10   Brooks Landing Apartments     0   0   0               0  
11   Palouse Mall     0   0   0               0  
12   Silver Rock Apartments     120,000   0   0   Cash           0  
13   Ross Portfolio     0   Springing   0               0  
13.01   Kohl’s - Lakewood, CO                                
13.02   Ronpak                                
14   Lawton Town Center     419,500   0   0   Cash       Rent Concession Reserve   11,000  
15   Zephyr Commons     0   0   0               0  
16   Ole London Towne Apartments     0   0   0               0  
17   Covington Plaza     300,000   0   0   Cash           0  
18   Bernstein Portfolio     0   0   0               0  
18.01   Oxford Lake Business Park                                
18.02   400 North Business Park                                
18.03   Corporate Campus at Meadows                                
18.04   Miami Gardens                                
19   Mountain Valley Center     1,000,000   0   0   Cash           0  
20   Ashley Place Apartments     0   0   0               0  
21   Barclay Square     0   0   0               0  
22   Windsor Square     8,250   0   0   Cash           0  
23   Holiday Inn - Lafayette     12,500   0   0   Cash       PIP Reserve   1,351,250  
24   260 East Brown Street     0   0   0               0  
25   Hilton Garden Inn Oshkosh     600,000   0   0   Cash       Zoning Reserve ($25,761.58), Debt Service Reserve ($112,764.02), and Ground Lease Reserve ($19,802.50)   158,328  
26   Louisville Apartments - Ashton Park     0   0   0               0  
27   Louisville Apartments - St. James     0   0   0               0  
28   Bossier Corners     94,552   0   0   Cash           0  
29   Courtyard Marriott Philadelphia Bensalem     134,000   26,800   134,000   Cash           0  
30   Security Public Storage - Richmond     0   0   0               0  
31   Princessa Plaza     0   Springing   0               0  
32   Manchester Run Shopping Center     0   0   0               0  
33   Hilton Garden Inn Peachtree City     0   0   0               0  
34   Reynolds MHC Portfolio 1     1,700,000   0   0   Cash           0  
34.01   Lansing Park Terrace                                
34.02   Oakwood Meadows                                
34.03   Cedar Knob & Oak Creek Estates                                
34.04   Valli Village                                
34.05   Evergreen Village MHC                                
35   Infinite Self Storage Nora     0   0   0               0  
36   Beach MHP     0   0   0               0  
37   Northport Loop Office     0   0   0               0  
38   Burlington Coat Factory - Independence     0   0   0               0  
39   Horizons Office Center     0   0   0               0  
40   Central Self Storage     0   0   0               0  
41   College Village     0   0   0               0  
42   Kohl’s - Wadsworth     0   0   0               0  
43   Comfort Inn & Suites Beachfront - Galveston     117,277   19,546   117,277   Cash           0  
44   Tides at Calabash     0   0   0               0  
45   8350 & 8366 Westheimer     0   0   0               0  
46   Advantage Mini Storage     0   0   0               0  
47   Midtown Marketplace     18,800   0   0   Cash           0  
48   Fresh Thyme Market     0   Springing   0               0  
49   Holiday Inn Express Somerset     75,000   0   0   Cash       PIP Reserve Funds   0  
50   Best Western - La Grande     165,188   0   0   Cash           0  
51   The Pines Apartments     0   0   0               0  
52   Courtyards at Valley View     675,000   0   0   Cash           0  
53   Best Western Plus South Bay     0   0   0               0  
54   Reynolds MHC Portfolio 3     675,000   0   0   Cash           0  
54.01   Riverside                                
54.02   Tuckaway MHC & Storage                                
54.03   Camino Park                                
54.04   Prairie Place                                
55   Fairfield Inn & Suites - Warner Robins     25,000   0   0   Cash           0  
56   Champion Hills     105,000   0   0   Cash           0  
57   21 West Shopping Center     100,000   0   0   Cash           0  
58   Southcoast Beaches Center     0   0   0               0  
59   La Quinta Inn & Suites Smyrna     26,000   13,000   26,000   Cash           0  
60   14 Mile & Middlebelt     0   0   0               0  
61   Gulfport Plaza     0   0   0               0  
62   Infinite Self Storage New Lenox     0   0   0               0  
63   Hampton Inn & Suites - Cape Coral     100,000   Springing   100,000   Cash           0  
64   AA Climate Control Self Storage     0   0   0               0  
65   Avalon MHC     0   0   0               0  
66   Harris Teeter - Darnestown, MD     0   0   0               0  
67   Park West Self Storage     0   0   0               0  
68   Infinite Self Storage Plainfield     0   0   0               0  
69   Silverstone & Key Estates MHP     50,000   4,167   150,000   Cash           0  
69.01   Silverstone MHP                                
69.02   Key Estates MHP                                
70   Redan Village     0   0   0               0  
71   Valleyfield Apartments     0   0   0               0  
72   Big Ben Self Storage     0   0   0               0  
73   Royal Lane Office     112,500   0   0   Cash           0  
74   Infinite Self Storage Greenfield     0   0   0               0  
75   Walgreens - Franklin     0   0   0               0  
76   A-Safe Mini Storage Portfolio     50,000   0   0   Cash           0  
76.01   A-Safe Mini Storage Pineville                                
76.02   A-Safe Mini Storage Ball                                
77   City Center Retail - Lansing     0   Springing   0           Springing Cosi Reserve   0  
78   Parkway Pointe     0   0   0               0  
79   Infinite Self Storage LaPorte     0   0   0               0  
80   DaVita Dialysis (Lakewood, CO)     0   0   0               0  
81   Getzville Plaza     100,000   0   0   Cash           0  
82   Riviera Estates & Elm Grove MHP     0   0   0               0  
82.01   Elm Grove MHP                                
82.02   Riviera Estates MHP                                
83   CVS - Montgomery, AL     0   0   0               0  
84   US 23 Self Storage     0   0   0               0  
85   Idaho Self Storage     0   0   0               0  
86   WAG - Staten Island     0   Springing   0               0  
87   CVS - Douglas, GA     0   0   0               0  
88   Valley Palms MHC     0   0   0               0  
89   Summerhaven MHP     100,000   0   0   Cash           0  

 

A-1-21
 

 

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

 

Mortgage Loan Number   Property Name     Other Escrow I (Initial) ($)(4)(10)   Other Escrow I (Monthly) ($)   Other Escrow I Cap ($)   Other Escrow I Escrow - Cash or LoC   Other  Escrow I - LoC Counterparty   Other Escrow II Reserve Description   Other Escrow II (Initial) ($)(10)  
90   Benbrook Commons     7,178   0   0   Cash       Metro PCS Tenant Improvement   14,500  
91   Bell Plaza     0   0   0               0  
92   Shadow Trace     0   0   0               0  
93   James Plaza     35,000   0   0   Cash       AT&T Rent Reserve   3,890  
94   Scioto Apartments     0   0   0               0  
95   Cahaba Mobile Home Estates     0   0   0               0  
96   Infinite Self Storage South Chicago     0   0   0               0  
97   Oaks MHC     60,000   0   0   Cash           0  
98   Ivywood Apartments     0   0   0               0  
99   Lake Bambi MHP     0   0   0               0  
100   Little Street Village MHP     0   0   0               0  
101   Westgate Park MHC     0   0   0               0  
102   Newberry Woods Apartments     0   0   0               0  

 

A-1-22
 

 

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

 

Mortgage Loan Number   Property Name Other Escrow II (Monthly) ($)   Other Escrow II Cap ($)   Other Escrow II Escrow - Cash or LoC   Other  Escrow II - LoC Counterparty   Holdback(8)   Ownership Interest   Ground Lease Initial Expiration Date   Annual Ground Rent Payment
1   745 Atlantic Avenue 0   0   Cash           Fee        
2   Sheraton Lincoln Harbor Hotel 0   0               Fee        
3   CityPlace I 0   0   Cash           Fee        
4   Courtyard Marriott - Tacoma 0   0               Fee        
5   11 Madison Avenue 0   0   Cash           Fee        
6   Hampton Inn & Suites - Jacksonville Beach Springing   0   Cash           Fee        
7   Patrick Henry Mall 0   0               Fee        
8   Philadelphia Design & Distribution Center 0   0               Fee        
9   Warren Industrial Center 0   0               Fee        
9.01   27485 George Merrelli                     Fee        
9.02   27767 George Merrelli                     Fee        
9.03   7111 East 11 Mile Road                     Fee        
10   Brooks Landing Apartments 0   0               Fee        
11   Palouse Mall 0   0           1,036,000/638,000/1,924,000   Leasehold   6/30/2066   $285,582
12   Silver Rock Apartments 0   0               Fee        
13   Ross Portfolio 0   0               Fee        
13.01   Kohl’s - Lakewood, CO                     Fee        
13.02   Ronpak                     Fee        
14   Lawton Town Center 0   0   Cash           Fee        
15   Zephyr Commons 0   0               Fee        
16   Ole London Towne Apartments 0   0               Fee        
17   Covington Plaza 0   0               Fee        
18   Bernstein Portfolio 0   0               Fee        
18.01   Oxford Lake Business Park                     Fee        
18.02   400 North Business Park                     Fee        
18.03   Corporate Campus at Meadows                     Fee        
18.04   Miami Gardens                     Fee        
19   Mountain Valley Center 0   0               Fee        
20   Ashley Place Apartments 0   0               Fee        
21   Barclay Square 0   0               Fee        
22   Windsor Square 0   0               Fee        
23   Holiday Inn - Lafayette 0   0   Cash           Leasehold   01/01/2043   $50,000
24   260 East Brown Street 0   0               Fee        
25   Hilton Garden Inn Oshkosh 0   0   Cash           Leasehold   05/31/2026   $79,210
26   Louisville Apartments - Ashton Park 0   0               Fee        
27   Louisville Apartments - St. James 0   0               Fee        
28   Bossier Corners 0   0               Fee        
29   Courtyard Marriott Philadelphia Bensalem 0   0               Fee        
30   Security Public Storage - Richmond 0   0               Fee        
31   Princessa Plaza 0   0               Fee        
32   Manchester Run Shopping Center 0   0               Fee        
33   Hilton Garden Inn Peachtree City 0   0               Fee        
34   Reynolds MHC Portfolio 1 0   0               Fee        
34.01   Lansing Park Terrace                     Fee        
34.02   Oakwood Meadows                     Fee        
34.03   Cedar Knob & Oak Creek Estates                     Fee        
34.04   Valli Village                     Fee        
34.05   Evergreen Village MHC                     Fee        
35   Infinite Self Storage Nora 0   0               Fee        
36   Beach MHP 0   0               Fee        
37   Northport Loop Office 0   0               Fee        
38   Burlington Coat Factory - Independence 0   0               Fee        
39   Horizons Office Center 0   0               Fee        
40   Central Self Storage 0   0               Fee        
41   College Village 0   0               Fee        
42   Kohl’s - Wadsworth 0   0               Fee        
43   Comfort Inn & Suites Beachfront - Galveston 0   0               Fee        
44   Tides at Calabash 0   0               Fee        
45   8350 & 8366 Westheimer 0   0               Fee        
46   Advantage Mini Storage 0   0               Fee        
47   Midtown Marketplace 0   0               Fee        
48   Fresh Thyme Market 0   0               Fee        
49   Holiday Inn Express Somerset $5,000 until the earlier of (i) a Cash Management Franchise Agreement Trigger Event or (ii) a Cash Management Franchise Agreement Trigger Event Cure.   0   Cash           Fee        
50   Best Western - La Grande 0   0               Fee        
51   The Pines Apartments 0   0               Fee        
52   Courtyards at Valley View 0   0               Fee        
53   Best Western Plus South Bay 0   0               Fee        
54   Reynolds MHC Portfolio 3 0   0               Fee        
54.01   Riverside                     Fee        
54.02   Tuckaway MHC & Storage                     Fee        
54.03   Camino Park                     Fee        
54.04   Prairie Place                     Fee        
55   Fairfield Inn & Suites - Warner Robins 0   0               Fee        
56   Champion Hills 0   0               Fee        
57   21 West Shopping Center 0   0               Fee        
58   Southcoast Beaches Center 0   0               Fee        
59   La Quinta Inn & Suites Smyrna 0   0               Fee        
60   14 Mile & Middlebelt 0   0               Fee        
61   Gulfport Plaza 0   0               Fee        
62   Infinite Self Storage New Lenox 0   0               Fee        
63   Hampton Inn & Suites - Cape Coral 0   0               Fee        
64   AA Climate Control Self Storage 0   0               Fee        
65   Avalon MHC 0   0           550,000   Fee        
66   Harris Teeter - Darnestown, MD 0   0               Fee        
67   Park West Self Storage 0   0               Fee        
68   Infinite Self Storage Plainfield 0   0               Fee        
69   Silverstone & Key Estates MHP 0   0               Fee        
69.01   Silverstone MHP                     Fee        
69.02   Key Estates MHP                     Fee        
70   Redan Village 0   0               Fee        
71   Valleyfield Apartments 0   0               Fee        
72   Big Ben Self Storage 0   0               Fee        
73   Royal Lane Office 0   0               Fee        
74   Infinite Self Storage Greenfield 0   0               Fee        
75   Walgreens - Franklin 0   0               Fee        
76   A-Safe Mini Storage Portfolio 0   0               Fee        
76.01   A-Safe Mini Storage Pineville                     Fee        
76.02   A-Safe Mini Storage Ball                     Fee        
77   City Center Retail - Lansing Springing   0               Fee        
78   Parkway Pointe 0   0               Fee        
79   Infinite Self Storage LaPorte 0   0               Fee        
80   DaVita Dialysis (Lakewood, CO) 0   0               Fee        
81   Getzville Plaza 0   0               Fee        
82   Riviera Estates & Elm Grove MHP 0   0               Fee        
82.01   Elm Grove MHP                     Fee        
82.02   Riviera Estates MHP                     Fee        
83   CVS - Montgomery, AL 0   0               Fee        
84   US 23 Self Storage 0   0               Fee        
85   Idaho Self Storage 0   0               Fee        
86   WAG - Staten Island 0   0               Leasehold   7/30/2052   $290,400
87   CVS - Douglas, GA 0   0               Fee        
88   Valley Palms MHC 0   0               Fee        
89   Summerhaven MHP 0   0               Fee        

 

 

A-1-23
 

 

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

 

Mortgage Loan Number   Property Name Other Escrow II (Monthly) ($)   Other Escrow II Cap ($)   Other Escrow II Escrow - Cash or LoC   Other  Escrow II - LoC Counterparty   Holdback(8)   Ownership Interest   Ground Lease Initial Expiration Date   Annual Ground Rent Payment
90   Benbrook Commons 0   0   Cash           Fee        
91   Bell Plaza 0   0               Fee        
92   Shadow Trace 0   0               Fee        
93   James Plaza 0   0   Cash           Fee        
94   Scioto Apartments 0   0               Fee        
95   Cahaba Mobile Home Estates 0   0               Fee        
96   Infinite Self Storage South Chicago 0   0               Fee        
97   Oaks MHC 0   0               Fee        
98   Ivywood Apartments 0   0               Fee        
99   Lake Bambi MHP 0   0               Fee        
100   Little Street Village MHP 0   0               Fee        
101   Westgate Park MHC 0   0               Fee        
102   Newberry Woods Apartments 0   0               Fee        

 

A-1-24
 

 

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

  

Mortgage Loan Number   Property Name   Annual Ground Rent Increases   Lockbox   Whole Loan Cut-off Date Balance ($)   Whole Loan Debt Service ($)   Subordinate Secured Debt Original Balance ($)   Subordinate Secured Debt Cut-off Date Balance ($)   Whole Loan U/W NOI DSCR (x)
1   745 Atlantic Avenue       Hard/Springing Cash Management                    
2   Sheraton Lincoln Harbor Hotel       Hard/Springing Cash Management                    
3   CityPlace I       Hard/Upfront Cash Management                    
4   Courtyard Marriott - Tacoma       Hard/Springing Cash Management                    
5   11 Madison Avenue       Hard/Springing Cash Management   1,075,000,000   3,233,642   310,670,000   310,670,000   2.82
6   Hampton Inn & Suites - Jacksonville Beach       Springing                    
7   Patrick Henry Mall       Hard/Springing Cash Management                    
8   Philadelphia Design & Distribution Center       Springing                    
9   Warren Industrial Center       Hard/Springing Cash Management                    
9.01   27485 George Merrelli                            
9.02   27767 George Merrelli                            
9.03   7111 East 11 Mile Road                            
10   Brooks Landing Apartments       Springing                    
11   Palouse Mall   Ground rent increases by 10% every five years. An exception is in years 31-35 which increases by 25% over the previous rent. The same 10% increase pattern applies to the option terms.   Hard/Springing Cash Management                    
12   Silver Rock Apartments       None                    
13   Ross Portfolio       Hard/Springing Cash Management                    
13.01   Kohl’s - Lakewood, CO                            
13.02   Ronpak                            
14   Lawton Town Center       Springing                    
15   Zephyr Commons       Springing                    
16   Ole London Towne Apartments       Springing                    
17   Covington Plaza       Springing                    
18   Bernstein Portfolio       Hard/Springing Cash Management                    
18.01   Oxford Lake Business Park                            
18.02   400 North Business Park                            
18.03   Corporate Campus at Meadows                            
18.04   Miami Gardens                            
19   Mountain Valley Center       Springing                    
20   Ashley Place Apartments       Springing                    
21   Barclay Square       Springing                    
22   Windsor Square       Hard/Springing Cash Management                    
23   Holiday Inn - Lafayette   Y   Hard/Springing Cash Management                    
24   260 East Brown Street       Springing                    
25   Hilton Garden Inn Oshkosh   Y   Hard/Springing Cash Management                    
26   Louisville Apartments - Ashton Park       Springing                    
27   Louisville Apartments - St. James       Springing                    
28   Bossier Corners       Springing                    
29   Courtyard Marriott Philadelphia Bensalem       Springing                    
30   Security Public Storage - Richmond       None                    
31   Princessa Plaza       Hard/Springing Cash Management                    
32   Manchester Run Shopping Center       Springing                    
33   Hilton Garden Inn Peachtree City       Springing                    
34   Reynolds MHC Portfolio 1       Springing                    
34.01   Lansing Park Terrace                            
34.02   Oakwood Meadows                            
34.03   Cedar Knob & Oak Creek Estates                            
34.04   Valli Village                            
34.05   Evergreen Village MHC                            
35   Infinite Self Storage Nora       Springing                    
36   Beach MHP       Springing                    
37   Northport Loop Office       Springing                    
38   Burlington Coat Factory - Independence       Springing                    
39   Horizons Office Center       Springing                    
40   Central Self Storage       Springing                    
41   College Village       Hard/Springing Cash Management                    
42   Kohl’s - Wadsworth       Springing                    
43   Comfort Inn & Suites Beachfront - Galveston       Springing                    
44   Tides at Calabash       Springing                    
45   8350 & 8366 Westheimer       Hard/Springing Cash Management                    
46   Advantage Mini Storage       Springing                    
47   Midtown Marketplace       Springing                    
48   Fresh Thyme Market       Springing                    
49   Holiday Inn Express Somerset       Hard/Springing Cash Management                    
50   Best Western - La Grande       Hard/Springing Cash Management                    
51   The Pines Apartments       None                    
52   Courtyards at Valley View       Springing                    
53   Best Western Plus South Bay       Springing                    
54   Reynolds MHC Portfolio 3       Springing                    
54.01   Riverside                            
54.02   Tuckaway MHC & Storage                            
54.03   Camino Park                            
54.04   Prairie Place                            
55   Fairfield Inn & Suites - Warner Robins       Hard/Springing Cash Management                    
56   Champion Hills       Springing                    
57   21 West Shopping Center       Springing                    
58   Southcoast Beaches Center       Springing                    
59   La Quinta Inn & Suites Smyrna       None                    
60   14 Mile & Middlebelt       Springing                    
61   Gulfport Plaza       Springing                    
62   Infinite Self Storage New Lenox       Springing                    
63   Hampton Inn & Suites - Cape Coral       Hard/Springing Cash Management                    
64   AA Climate Control Self Storage       Springing                    
65   Avalon MHC       Springing                    
66   Harris Teeter - Darnestown, MD       Springing                    
67   Park West Self Storage       None                    
68   Infinite Self Storage Plainfield       Springing                    
69   Silverstone & Key Estates MHP       Springing                    
69.01   Silverstone MHP                            
69.02   Key Estates MHP                            
70   Redan Village       Springing                    
71   Valleyfield Apartments       Springing                    
72   Big Ben Self Storage       Springing                    
73   Royal Lane Office       Springing                    
74   Infinite Self Storage Greenfield       Springing                    
75   Walgreens - Franklin       Springing                    
76   A-Safe Mini Storage Portfolio       Springing                    
76.01   A-Safe Mini Storage Pineville                            
76.02   A-Safe Mini Storage Ball                            
77   City Center Retail - Lansing       Springing                    
78   Parkway Pointe       Springing                    
79   Infinite Self Storage LaPorte       Springing                    
80   DaVita Dialysis (Lakewood, CO)       Hard/Springing Cash Management                    
81   Getzville Plaza       Springing                    
82   Riviera Estates & Elm Grove MHP       Springing                    
82.01   Elm Grove MHP                            
82.02   Riviera Estates MHP                            
83   CVS - Montgomery, AL       Hard/Upfront Cash Management                    
84   US 23 Self Storage       Springing                    
85   Idaho Self Storage       Springing                    
86   WAG - Staten Island   Increased every 5 years as scheduled in the ground lease   Springing                    
87   CVS - Douglas, GA       Hard/Upfront Cash Management                    
88   Valley Palms MHC       None                    
89   Summerhaven MHP       Springing                    

  

A-1-25
 

 

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

 

Mortgage Loan Number   Property Name   Annual Ground Rent Increases   Lockbox   Whole Loan Cut-off Date Balance ($)   Whole Loan Debt Service ($)   Subordinate Secured Debt Original Balance ($)   Subordinate Secured Debt Cut-off Date Balance ($)   Whole Loan U/W NOI DSCR (x)
90   Benbrook Commons       Hard/Springing Cash Management                    
91   Bell Plaza       None                    
92   Shadow Trace       Springing                    
93   James Plaza       Springing                    
94   Scioto Apartments       Springing                    
95   Cahaba Mobile Home Estates       Springing                    
96   Infinite Self Storage South Chicago       Springing                    
97   Oaks MHC       Springing                    
98   Ivywood Apartments       Springing                    
99   Lake Bambi MHP       Springing                    
100   Little Street Village MHP       Springing                    
101   Westgate Park MHC       Springing                    
102   Newberry Woods Apartments       Springing                    

 

A-1-26
 

 

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

 

Mortgage Loan Number   Property Name     Whole Loan U/W NCF DSCR (x)   Whole Loan Cut-off Date LTV Ratio   Whole Loan Cut-off Date U/W NOI Debt Yield   Whole Loan Cut-off Date U/W NCF Debt Yield   Mezzanine Debt Cut-off Date Balance($)   Sponsor(13)(17)   Affiliated Sponsors   Mortgage Loan Number
1   745 Atlantic Avenue                         OPG Investment Holdings US Inc.       1
2   Sheraton Lincoln Harbor Hotel                         Hartz Financial Corp.       2
3   CityPlace I                         Kevin McCall; John T. Caldwell       3
4   Courtyard Marriott - Tacoma                         Hollander Properties, LLC; Marlo G. Hollander; Mark A. Hollander       4
5   11 Madison Avenue     2.77   45.7%   10.2%   10.0%   325,000,000   SL Green Realty Corp.       5
6   Hampton Inn & Suites - Jacksonville Beach                         Peter G. Abessinio; Vincent T. Abessinio       6
7   Patrick Henry Mall                         PREIT Associates, L.P.       7
8   Philadelphia Design & Distribution Center                         Kalmon Dolgin; Neil Dolgin; Joshua M. Dolgin       8
9   Warren Industrial Center                         Eric B. Larson       9
9.01   27485 George Merrelli                                 9.01
9.02   27767 George Merrelli                                 9.02
9.03   7111 East 11 Mile Road                                 9.03
10   Brooks Landing Apartments                         Jon Wood; Roger Kuula       10
11   Palouse Mall                         Nicholas Lindsey Dean Echelbarger; Lindsey L.R. Echelbarger; Carolyn Echelbarger; Bluff’s End Trust       11
12   Silver Rock Apartments                         Roosevelt T. Miller, Jr.       12
13   Ross Portfolio                         Deane Earl Ross   Y -Group 2   13
13.01   Kohl’s - Lakewood, CO                                 13.01
13.02   Ronpak                                 13.02
14   Lawton Town Center                         John Collett; Michael E. Robbe; Michael D. Smith; Tyler C. Covington       14
15   Zephyr Commons                         NADG US Supermarket Anchored Fund (U.S.) Limited Partnership; NADG US Supermarket Anchored Fund (Canadian) Limited Partnership       15
16   Ole London Towne Apartments                         James R. Hatcher; Alexis V. Lewis       16
17   Covington Plaza                         Nathaniel A. Tower       17
18   Bernstein Portfolio                         Craig Bernstein; Maxine Bernstein       18
18.01   Oxford Lake Business Park                                 18.01
18.02   400 North Business Park                                 18.02
18.03   Corporate Campus at Meadows                                 18.03
18.04   Miami Gardens                                 18.04
19   Mountain Valley Center                         Rosanne P. Zemp       19
20   Ashley Place Apartments                         Bobby Zacharias; Akkamma B. Zacharias       20
21   Barclay Square                         Peter Borzak; Pine Tree Commercial Realty, LLC       21
22   Windsor Square                         Gary J. Dragul       22
23   Holiday Inn - Lafayette                         Pandey Hotel Corporation; Prakash Pandey       23
24   260 East Brown Street                         Richard B. Broder; Todd Sachse       24
25   Hilton Garden Inn Oshkosh                         Beechwood Development, LLC; Darrell Hanson; Thomas D. Arnot       25
26   Louisville Apartments - Ashton Park                         Daniel Friess; Kenneth Friess; K. Erik Friess   Y -Group 4   26
27   Louisville Apartments - St. James                         Daniel Friess; Kenneth Friess; K. Erik Friess   Y -Group 4   27
28   Bossier Corners                         Jeffrey L. Anenberg; Al-Sal Oil Company, Inc.       28
29   Courtyard Marriott Philadelphia Bensalem                         Ajesh Patel       29
30   Security Public Storage - Richmond                         See Footnote 17       30
31   Princessa Plaza                         Kenfield Kennedy; Felicia C. Kennedy       31
32   Manchester Run Shopping Center                         Andy Silberfein       32
33   Hilton Garden Inn Peachtree City                         Rajesh A. Patel       33
34   Reynolds MHC Portfolio 1                         David H. Reynolds   Y -Group 3   34
34.01   Lansing Park Terrace                                 34.01
34.02   Oakwood Meadows                                 34.02
34.03   Cedar Knob & Oak Creek Estates                                 34.03
34.04   Valli Village                                 34.04
34.05   Evergreen Village MHC                                 34.05
35   Infinite Self Storage Nora                         Jeffrey L. Kittle   Y -Group 1   35
36   Beach MHP                         James W. Soboleski; Deborah L. Soboleski       36
37   Northport Loop Office                         John Thomas Young; The John Thomas Young Trust Dated October 21, 1998       37
38   Burlington Coat Factory - Independence                         Patrick T. Hayes       38
39   Horizons Office Center                         Brian K. Waxman; Alexander D. Walker       39
40   Central Self Storage                         Robert J. Dailey; Timothy D. Davis       40
41   College Village                         Mortimer Klaus       41
42   Kohl’s - Wadsworth                         Lynn G. Kirk; Frank W. Kirk       42
43   Comfort Inn & Suites Beachfront - Galveston                         Paresha Shah; Suresh Shah       43
44   Tides at Calabash                         Matthew A. Sharp; J. David Kelsey       44
45   8350 & 8366 Westheimer                         Warren Clayton Smith; Paul A. Whitman       45
46   Advantage Mini Storage                         Robert Williams       46
47   Midtown Marketplace                         John L. Gibson, III; Michael A. Culpepper; Donna L. Whitaker; Bruce A. Berlin       47
48   Fresh Thyme Market                         Artis Shepherd; Elian Shepherd       48
49   Holiday Inn Express Somerset                         Kalpana Mahendra Patel; Rajani Patel       49
50   Best Western - La Grande                         Bakulesh G. Patel       50
51   The Pines Apartments                         Stephen C. Miller       51
52   Courtyards at Valley View                         John J. Griggs, III; K. Cross Moceri       52
53   Best Western Plus South Bay                         Yaping Wang       53
54   Reynolds MHC Portfolio 3                         David H. Reynolds   Y -Group 3   54
54.01   Riverside                                 54.01
54.02   Tuckaway MHC & Storage                                 54.02
54.03   Camino Park                                 54.03
54.04   Prairie Place                                 54.04
55   Fairfield Inn & Suites - Warner Robins                         Dilipkumar R. Patel; Bharat Patel       55
56   Champion Hills                         Adir Levitas       56
57   21 West Shopping Center                         Richard G. Levin; A. Eugene Loving, Jr.       57
58   Southcoast Beaches Center                         Southcoast Capital Corporation       58
59   La Quinta Inn & Suites Smyrna                         Hiten G. Patel; Deep C. Govan       59
60   14 Mile & Middlebelt                         Mark Klar       60
61   Gulfport Plaza                         Gregory M. Cervenka       61
62   Infinite Self Storage New Lenox                         Jeffrey L. Kittle   Y -Group 1   62
63   Hampton Inn & Suites - Cape Coral                         Punit Shah       63
64   AA Climate Control Self Storage                         Joel Patrick Collier; Gregg M. Pratka       64
65   Avalon MHC                         Clyde C. Leaver, III; Joseph V. Ventresca; Rubin P. Blair       65
66   Harris Teeter - Darnestown, MD                         Stephen A. Goldberg       66
67   Park West Self Storage                         Frank L. Crist III       67
68   Infinite Self Storage Plainfield                         Jeffrey L. Kittle   Y -Group 1   68
69   Silverstone & Key Estates MHP                         Laura I. Paliga       69
69.01   Silverstone MHP                                 69.01
69.02   Key Estates MHP                                 69.02
70   Redan Village                         Richard James   Y -Group 5   70
71   Valleyfield Apartments                         Richard James   Y -Group 5   71
72   Big Ben Self Storage                         David M. Levenfeld; Ian M. Burnstein       72
73   Royal Lane Office                         David Spiegel; Suzanne Cortney       73
74   Infinite Self Storage Greenfield                         Jeffrey L. Kittle; Thomas E. Herman   Y -Group 1   74
75   Walgreens - Franklin                         Stephen F. Anderson; Donald A. Campbell; Sarosh D. Kumana       75
76   A-Safe Mini Storage Portfolio                         Mathew Preston Drennan; Karen Drennan       76
76.01   A-Safe Mini Storage Pineville                                 76.01
76.02   A-Safe Mini Storage Ball                                 76.02
77   City Center Retail - Lansing                         Carl Grenadier; Glenn Grenadier; Josh Grenadier       77
78   Parkway Pointe                         Michael P. Phillips       78
79   Infinite Self Storage LaPorte                         Jeffrey L. Kittle   Y -Group 1   79
80   DaVita Dialysis (Lakewood, CO)                         Deane Earl Ross   Y -Group 2   80
81   Getzville Plaza                         Efraim Lesser       81
82   Riviera Estates & Elm Grove MHP                         Mark Kelly, Peter Whitehead   Y -Group 8   82
82.01   Elm Grove MHP                                 82.01
82.02   Riviera Estates MHP                                 82.02
83   CVS - Montgomery, AL                         Rene Merlander Family Trust; Merlander Family Irrevocable Trust   Y -Group 6   83
84   US 23 Self Storage                         Charles C. Day; Chad C. Day       84
85   Idaho Self Storage                         Brian Visser; Frederick Neser; David Head       85
86   WAG - Staten Island                         Yama Rahimzada       86
87   CVS - Douglas, GA                         Rene Merlander Family Trust; Merlander Family Irrevocable Trust   Y -Group 6   87
88   Valley Palms MHC                         Burke Kim Heaton       88
89   Summerhaven MHP                         Paul S. Liechty; David R. Hunt, Sr.; Gregory Rumsey       89

 

 

 

 

A-1-27
 

 

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

 

Mortgage Loan Number   Property Name     Whole Loan U/W NCF DSCR (x)   Whole Loan Cut-off Date LTV Ratio   Whole Loan Cut-off Date U/W NOI Debt Yield   Whole Loan Cut-off Date U/W NCF Debt Yield   Mezzanine Debt Cut-off Date Balance($)   Sponsor(13)(17)   Affiliated Sponsors   Mortgage Loan Number
90   Benbrook Commons                         Wazir A. Noorani; Gulnar Noorani; Imran Noorani       90
91   Bell Plaza                         Curt R. Feuer       91
92   Shadow Trace                         Richard James   Y -Group 5   92
93   James Plaza                         Frank G. Jonna; Peter Jonna; Christine Piligian       93
94   Scioto Apartments                         Harold Kulish; Harold Kulish Trust   Y -Group 7   94
95   Cahaba Mobile Home Estates                         Matthew Udell       95
96   Infinite Self Storage South Chicago                         Jeffrey L. Kittle   Y -Group 1   96
97   Oaks MHC                         Bradley J. Schram       97
98   Ivywood Apartments                         Harold Kulish; Harold Kulish Trust   Y -Group 7   98
99   Lake Bambi MHP                         Timothy H. Karagosian       99
100   Little Street Village MHP                         Rachele C. Richardson; Brandy Cella; Priscilla Cella       100
101   Westgate Park MHC                         Mark Kelly, Peter Whitehead   Y -Group 8   101
102   Newberry Woods Apartments                         Harold Kulish; Harold Kulish Trust   Y -Group 7   102

 

A-1-28
 

 

                           
          FOOTNOTES TO ANNEX A-1          
                           
See “Annex B: Additional Mortgage Loan Information/Definitions” in the Free Writing Prospectus for additional information on all mortgage loans and “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” for additional information on the 15 largest mortgage loans.
                           
(1) “WFB” denotes Wells Fargo Bank, National Association, “RMF” denotes Rialto Mortgage Finance, LLC, “CIIICM” denotes C-III Commercial Mortgage LLC, “SG” denotes Société Générale, “Basis” denotes Basis Real Estate Capital II, LLC and “LIG I” denotes Liberty Island Group I LLC.
   
(2) Information regarding mortgage loans that are cross-collateralized with other mortgage loans is based upon the individual loan balances, except that the applicable loan-to-value ratio, debt service coverage ratio or debt yield for each such mortgage loan is based upon the ratio or yield (as applicable) for the aggregate indebtedness evidenced by all loans in the group. On an individual basis, without regard to the cross-collateralization feature, any mortgage loan that is part of a cross-collateralized group of mortgage loans may have a higher loan-to-value ratio, lower debt service coverage ratio and/or lower debt yield than is presented herein. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Voluntary Prepayment and Defeasance Provisions—Partial Release and/or Partial Defeasance and/or Substitution” in the Free Writing Prospectus.
                           
  Mortgage loans #26 (Louisville Apartments - Ashton Park) and #27 (Louisville Apartments - St. James) are cross-collateralized and cross-defaulted.  The mortgage loan documents do not allow for release of the mortgaged property.
                           
(3) For mortgage loan #8 (Philadelphia Design & Distribution Center), the Number of Units includes 397,716 square feet of industrial space, 227,205 square feet of office space and 53,889 square feet of retail space.
                           
  For mortgage loan #14 (Lawton Town Center), the Occupancy Rate includes the largest tenant (55,469 square feet), representing 26.7% of net rentable square feet, which leases the collateral pad site and the improvements built on the pad site are owned by the tenant.
                           
  For mortgage loan #31 (Princessa Plaza), the Number of Units includes 24,306 square feet of medical office space, 7,024 square feet of retail space and 5,728 square feet of office space.
                           
  For mortgage loan #82.01 (Elm Grove MHP), the Number of Units and Occupancy Rate does not include 16,500 square feet of retail space at the property. The retail space is comprised of two buildings which are 100.0% occupied by two tenants.  
                           
  For mortgage loan #65 (Avalon MHC), the Number of Units includes 139 sites with homes that are owned by a borrower affiliate, 133 of which homes are occupied as of the Occupancy as-of Date. There is a master lease in place and income from the home rentals was not underwritten, only pad income was underwritten.

 

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(4) For mortgage loan #2 (Sheraton Lincoln Harbor Hotel), the property currently has 343 rooms.  During the 1st quarter of 2016, the borrower plans to reconfigure underutilized administrative and meeting space and use that space to add an additional 15 rooms, bringing room count at the Sheraton Lincoln Harbor Hotel Property to 358 rooms. The Cut-off Date Balance per Unit and underwritten metrics are based on 358 rooms. $1,700,000 has been reserved for this renovation.
                           
(5) For mortgage loan #2 (Sheraton Lincoln Harbor Hotel), the mortgage loan represents Note A-1 of two pari passu companion notes, which have a combined Cut-off Date principal balance of $80,000,000.  Note A-2 is not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Notes A-1 and A-2 in the aggregate (“Sheraton Lincoln Harbor Hotel Loan Combination”).  Note A-1 represents the controlling interest in the Sheraton Lincoln Harbor Hotel Loan Combination.  
                           
  For mortgage loan #3 (CityPlace I), the mortgage loan represents Note A-1 of two pari passu companion loans, which have a combined Cut-off Date principal balance of $79,275,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and Note A-2 in aggregate (the “CityPlace I Loan Combination”). Note A-1 is the controlling interest in the CityPlace I Loan Combination.
                           
  For mortgage loan #7 (Patrick Henry Mall), the mortgage loan represents Note A-3 of three pari passu companion loans, which have a combined Cut-off Date principal balance of $95,711,711. Note A-1 and Note A-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2 and Note A-3 in aggregate (the “Patrick Henry Loan Combination”). Note A-3 is a non-controlling interest in the Patrick Henry Mall Loan Combination.
                           
  For mortgage loan #5 (11 Madison Avenue), the mortgage loan represents Note A-3-C2 of 16 pari passu notes, which have a combined Cut-off Date principal balance of $764,330,000. Only Note A-3-C2 is included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure figures presented are based on all of the pari passu notes in the aggregate. Note A-3-C2 represents a non-controlling interest in the related loan combination.
                           
(6) For mortgage loan #2 (Sheraton Lincoln Harbor Hotel), there is a one-time 15-day grace period for the late payment charge if the borrower fails to pay the loan at maturity.
                           
(7) For mortgage loan #9 (Warren Industrial Center) the Appraised Value for the mortgage loan assumes the purchase option has been executed for the 7111 East 11 Mile Road mortgage property’s largest tenant (54,830 square feet), representing 19.3% of net rentable square feet of the mortgage loan.  The appraised value for the mortgage loan assuming the purchase option has not been executed is $36,650,000.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $36,650,000 appraised value are 69.2% and 56.4%, respectively.
                           
  For mortgage loan #28 (Bossier Corners), the Appraised Value assumes that deferred maintenance has been completed.  At origination of the loan, the lender escrowed $904,795, which is the full estimated cost of such deferred maintenance.  The appraised value assuming deferred maintenance has not been completed is

 

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  $13,600,000.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity assuming an appraised value of $13,600,000 are 78.9% and 69.2%, respectively.
                           
(8) For mortgage loan #11 (Palouse Mall), all LTVs, DSCRs, and Debt Yields are calculated assuming the whole loan amount of $23,075,000.  The Holdbacks can be disbursed in whole or in part provided that the following conditions are satisfied: (a) Joann has signed a lease in Building “J” for a minimum of 17,680 square feet at a minimum rent of $9.00/square foot with a minimum 10 year term; (b) Sportstown has signed a lease in Building “I” for a minimum of 4,800 square feet at a minimum rent of $12.00/square foot with a minimum five year term; (c) both Joann and Sportstown are in full occupancy of their respective spaces, open for business, and paying full rent, with all landlord buildout obligations satisfied and all tenant improvement allowances paid, all as evidenced by signed tenant estoppels; (d) the Borrower provides evidence satisfactory to the lender in the lender’s sole discretion that the new Joann lease does not result in a violation of either co-tenancy rights or exclusive use rights under the Michaels lease; (e) Alpine Vision is in full occupancy of its space, open for business, and paying full rent, with all landlord buildout obligations satisfied and all tenant improvement allowances paid, all as evidenced by a signed tenant estoppel; (f) Staples has signed a lease in the westernmost pad building adjacent to Petco for a minimum of 12,148 square feet at a minimum rent of $14.00/square foot with a minimum 10 year term; (g) both Staples and Petco are in full occupancy of their respective spaces, open for business, and paying full rent, with all landlord buildout obligations satisfied and all tenant improvement allowances paid, all as evidenced by signed tenant estoppels.  If the Holdback has not been released by October 9, 2017, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower.  Assuming the full Holdback balance is applied to the full loan amount of $23,075,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity, Cut-off Date UW NOI Debt Yield and Cut-off Date UW NCF Debt Yield are 62.0%, 46.4%, 13.2%, and 11.2%, respectively.
                           
  For mortgage loan #65 (Avalon MHC), all LTVs, DSCRs, and Debt Yields are calculated assuming the whole loan amount of $4,500,000.  The Holdback can be disbursed in whole provided that the following conditions are satisfied: the debt yield is not less than 9.0%, the DSCR is not less than 1.40x, the property has a trailing 12-month net cash flow of $405,000 and the economic occupancy is not less than 90%. If the Holdback has not been released by March 1, 2017, the lender may apply up to $500,000 of the unreleased proceeds to pay down the loan, accompanied by the applicable prepayment fee to be paid by the borrower (which prepayment fee will first be paid out of the remaining $50,000 of the Holdback). Assuming $500,0000 of the Holdback balance is applied to the full loan amount of $4,500,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity, Cut-off Date UW NOI Debt Yield and Cut-off Date UW NCF Debt Yield are 66.4%, 52.9%, 10.0% and 9.7%, respectively.
                           
(9) Mortgage loans #26 (Louisville Apartments - Ashton Park) and #27 (Louisville Apartments - St. James) were underwritten in the aggregate, with U/W Revenues divided out by Number of Units at each mortgaged property. The U/W Expenses are allocated 78% to Louisville Apartments - Ashton Park and 22% to Louisville Apartments - St. James.
                           
(10) In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises, that were included in the underwriting.
                           

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  For mortgage loan #1 (745 Atlantic Avenue), the largest tenant (131,171 square feet), representing 75.3% of net rentable square feet, has executed a lease and is paying rent on but is not in occupancy of 5,332 square feet of its space.  Build out is expected to be completed in October 2015.  The second largest tenant (30,781 square feet), representing 17.7% of net rentable square feet, has executed a lease but is not in occupancy of 10,545 square feet.  The second largest tenant is expected to begin construction on the expansion space in January 2016 and has a partial rent abatement through June 2017.    A $210,950 rent abatement reserve was taken at closing.
                           
  For mortgage loan #5 (11 Madison Avenue), the largest tenant (1,266,051 square feet), representing 55.4% of net rentable square feet, has a rent abatement for approximately one year beginning June 1, 2032, unless reduced by any previously exercised termination options.  The second largest tenant (578,791 of net rentable square feet), representing 25.3% of net rentable square feet, has executed a lease and taken possession, but is currently building out its space and has abated rent through August 2016.   The fourth largest tenant (103,426 square feet), representing 4.5% of net rentable square feet, has executed a lease, is paying rent and has taken possession, but is currently building out its space.  An $18,847,898 rent abatement reserve for the second largest tenant, an $81,152,102 tenant improvements and leasing commissions reserve and a $59,060,332 tenant improvements and leasing commissions guaranty were taken at closing.
                           
  For mortgage loan #7 (Patrick Henry Mall), the third largest tenant (21,017 square feet), representing 4.9% of the net rentable square feet, may terminate its lease upon 60 days’ notice and pay 50% of unamortized tenant improvements if the third largest tenant’s gross sales from October 19, 2014 through September 19, 2015 are less than $2,200,000.
                           
  For mortgage loan #11 (Palouse Mall), tenants comprising 12,148 square feet of space have not executed leases but were included in the U/W Revenues, tenants who have executed leases to move to new spaces comprising 22,480 square feet of space are currently in occupancy of 20,526 square feet, and tenants comprising 15,795 square feet of space have executed leases, but have not taken occupancy. A $3,598,000 Holdback was taken at closing.
                           
  For Mortgage Loan #28 (Bossier Corners), the fourth largest tenant (11,819 square feet), representing 8.4% of net rentable feet, has taken possession of and has begun paying rent on but has not taken physical occupancy of its space. The tenant is anticipated to take occupancy of its space in October 2015.
                           
  For Mortgage Loan #47 (Midtown Marketplace), the fourth largest tenant (3,200 square feet), representing 7.0% of net rentable feet, has signed a lease but has not yet taken occupancy of its space. A rent reserve of $18,800 was escrowed at loan closing.
                           
  For mortgage loan #93 (James Plaza), the largest tenant (2,010 square feet), representing 24.1% of net rentable feet, has signed a lease and taken occupancy of its space but has not yet begun to pay rent. A rent reserve of $3,890 was escrowed at closing.
                           

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(11) The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.
                           
  For mortgage loan #3 (CityPlace I), the largest tenant (444,735 square feet), representing 50.3% of net rentable square feet, may terminate any of the 15th through 20th floors (totaling 138,719 square feet) as of December 31 of 2017, 2019 or 2020 upon satisfaction of the following conditions: (i) 15 months’ written notice; (ii) terminated floors must be contiguous and shall consist of the uppermost floors leased by the tenant; and (iii) payment of all unamortized tenant improvements and leasing commissions
                           
  For mortgage loan #5 (11 Madison Avenue), the largest tenant (1,266,051 square feet), representing 55.4% of net rentable square feet, may terminate its lease on one full floor as of any date from May 31, 2022 through April 30, 2027 upon providing 15 months’ written notice (“5 Year Termination Option”).  The largest tenant may terminate its lease on one or two full floors (but only two full floors if the 5 Year Termination Option has not been exercised) as of any date from May 31, 2027 and April 30, 2032 upon providing 15 months’ written notice (“10 Year Termination Option”).  The largest tenant may terminate its lease on three full floors, reduced by any floors terminated under the 5 Year Termination Option or the 10 Year Termination Option, as of any date from May 31, 2032 through April 30, 2037 upon providing 15 months’ written notice.  For each termination option, the largest tenant shall pay a termination fee equal to the unamortized portion of the transaction costs, as defined in the lease, and abated rent.
                           
  For mortgage loan #8 (Philadelphia Design & Distribution Center), the largest tenant (184,128 square feet), representing 27.1% of net rentable square feet, may terminate its lease at any time if the largest tenant obtains new voting machines which require less than the space currently leased, upon providing 180 day’s written notice and payment of one month of base rent.  The second largest tenant (108,107 square feet), representing 15.9% of net rentable square feet, may terminate its lease on a portion of its space if government funding is reduced over any 12 month period as follows: (i) 10,000 square feet if funding is reduced by 10%; (ii) 15,000 square feet if funding is reduced by 15%; and (iii) 20,000 square feet if funding is reduced by 20%.  The second largest tenant is required to provide 180 days’ written notice.
                           
  For mortgage loan #11 (Palouse Mall), the largest tenant (52,759 square feet), representing 13.5% of the net rentable square feet, has the one time right to terminate its lease on January 31, 2026 upon providing written notice by May 1, 2025.
                           
  For mortgage loan #18 (Bernstein Portfolio), the third largest tenant (15,724 square feet), representing 6.3% of the net rentable square feet, has the one time right to terminate its lease on August 31, 2017 upon providing written notice by March 1, 2017.
                           
  For Mortgage Loan #28 (Bossier Corners), the third largest tenant (20,942 square feet), representing 14.9% of net rentable feet, may terminate its lease effective September 30, 2017 with 180 days’ written notice and payment of all unamortized tenant improvements and leasing commissions, if the third largest tenant’s gross

 

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  sales are less than $70 per square foot for the period from July 1, 2017 through June 30, 2018.
   
  For mortgage loan #31 (Princessa Plaza), the third largest tenant (2,422 square feet), representing 6.5% of net rentable square feet, has the right to terminate its lease with 90 days’ notice and a termination fee equal to three months’ rent, if either of the guarantors under the lease are disabled or deceased. The fifth largest tenant (1,943 square feet), representing 5.2% of net rentable square feet, has the right to terminate its lease with 60 days’ notice and a termination fee equal to three months’ rent, if the doctor at the veterinary practice dies or is permanently disabled and unable to continue practice.
   
  For Mortgage Loan #37 (Northport Loop Office), the fourth largest tenant (9,000 square feet), representing 12.8% of net rentable feet, may terminate its lease at any time. If the tenant vacates, the largest tenant has agreed to lease the space at the same terms as the largest tenant’s lease.
   
  For Mortgage Loan #47 (Midtown Marketplace), the fourth largest tenant (3,200 square feet), representing 7.0% of net rentable feet, is a state authorized liquor store and has appropriations clauses in its lease allowing for early termination by giving 3 months’ notice
                           
  For Mortgage Loan #56 (Champion Hills), the second largest tenant (20,561 square feet), representing 26.5% of net rentable feet, may terminate its lease effective December 31, 2019 with 270 days’ written notice and payment of all unamortized tenant improvements and leasing commissions.
                           
  For mortgage loan #60 (14 Mile & Middlebelt), the second largest tenant (12,011 square feet), representing 23.7% of net rentable square feet, may terminate its lease as of July 31, 2024, and every five years thereafter, upon providing 6 months’ written notice.
   
  For mortgage loan #77 (City Center Retail-Lansing), the second largest tenant (3,050 square feet), representing 15.9% of net rentable square feet, may terminate its lease at any time upon providing 150 days’ written notice.
                           
  For mortgage loan #86 (WAG – Staten Island), the sole tenant (13,650 square feet), representing 100.0% of net rentable square feet, may terminate its lease as of October 31, 2030, and every five years thereafter, upon providing 6 months’ written notice.
                           
  For mortgage loan #90 (Benbrook Commons), the second largest tenant (1,485 square feet), representing 9.2% of net rentable square feet, may terminate its lease at any time with 90 days’ notice and the payment of 2 months’ rent plus any unamortized tenant improvements and leasing commissions.
                           
  For Mortgage Loan #93 (James Plaza), the second largest tenant (1,872 square feet), representing 22.5% of net rentable feet, has a one-time option to terminate its lease effective April 30, 2020 with 150 days’ written notice and payment of the unamortized portion of the tenant improvements and leasing commissions.
                           
(12) For mortgage loan #5 (11 Madison Avenue), the borrower currently leases a portion of space from the largest tenant (1,266,051 square feet), representing 55.4% of net

 

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  rentable square feet, which is then subleased to the second largest tenant (578,791 square feet), representing 25.3% of net rentable square feet.  Upon the expiration of the largest tenant’s lease for that subleased space on May 31, 2017, the sublease between the borrower and the second largest tenant will become a direct lease.  The largest tenant (1,266,051 square feet), representing 55.4% of net rentable square feet, has multiple leases that expire as follows: 186,396 square feet expiring May 31, 2017 and 1,079,655 square feet expiring May 31, 2037.
   
  For mortgage loan #8 (Philadelphia Design & Distribution Center), the second largest tenant (108,107 square feet), representing 15.9% of net rentable square feet, has multiple leases that expire as follows: 585 square feet expiring September 30, 2016 and 107,522 square feet expiring September 30, 2021.  The fourth largest tenant (52,716 square feet), representing 7.8% of net rentable square feet, has multiple leases that expire as follows: 13,800 square feet expiring September 30, 2018 and 38,916 square feet expiring April 30, 2019.
   
  For mortgage loan #77 (City Center Retail- Lansing), the fourth largest tenant (1,383 square feet), representing 7.2% of net rentable square feet, subleases its space for an annual base rent equal to the fourth largest tenant’s base rent, expiring October 31, 2017.
                           
(13) For mortgage loan #24 (260 East Brown Street), the second largest tenant (8,138 square feet), representing 16.2% of net rentable square feet, is related to the sponsor.
                           
  For mortgage loan #37 (Northport Loop Office), the largest tenant (28,455 square feet), representing 40.5% of net rentable feet, is affiliated with the sponsor.
                           
(14) For mortgage loan #3 (CityPlace I), the Monthly Replacement Reserve adjusts to $14,739 on the monthly payment date in October 2021.
                           
  For mortgage loan #6 (Hampton Inn & Suites – Jacksonville Beach), the Monthly Replacement Reserve will be adjusted to an amount equal the greater of: (i) the then-existing Monthly Replacement Reserve; and (ii) 1/12th of 4% of underwritten revenue for the prior fiscal year.
                           
  For mortgage loan #23 (Holiday Inn - Lafayette), the Monthly Replacement Reserve, will be adjusted to 1/12th of 5% of the actual annual gross income at the lender’s discretion.
                           
  For mortgage loan #25 (Hilton Garden Inn Oshkosh) the Monthly Replacement Reserve, to be adjusted at the borrower’s request no more than four times during the loan term, is equal to 1/12th of 4% of the actual annual gross income for the prior year.
                           
  For mortgage loan #33 (Hilton Garden Inn Peachtree City), the Monthly Replacement Reserve, will be adjusted to 1/12th of 4% of the actual annual gross income for the prior year with the adjusted monthly amount determined annually in July.
                           
  For mortgage loans #59 (La Quinta Inn & Suites Smyrna) and #29 (Courtyard Marriott Philadelphia Bensalem), the Monthly Replacement Reserve will be in each case 1/12 of 2.0% of annual gross income for the first 12 months of the loan, 1/12

 

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  of 3.0% of annual gross income for the following 12 months of the loan, and 1/12 of 4.0% of annual gross income thereafter.
                           
(15) For mortgage loan #17 (Covington Plaza), the Monthly TI/LC begins in November 2017.
                           
  For mortgage loan #19 (Mountain Valley Center), the Monthly TI/LC beings in October 2016.
                           
(16) For mortgage loan #15 (Zephyr Commons), on January 11, 2020, the TI/LC Reserve Cap will adjust to $200,000 if the following conditions are satisfied: (i) no event of default under the mortgage loan agreement; (ii) (a) the second largest tenant (18,437 square feet), representing 16.0% of net rentable square feet, has renewed or extended its lease on terms and conditions acceptable to the lender; or (b) at least 70% of the space currently occupied by the second largest tenant has been leased to replacement tenants acceptable to the lender; and (iii) the debt yield is at least 7.75%.
                           
(17) With respect to mortgage loan #30 (Security Public Storage - Richmond), the sponsors are Benjamin D. Eisler and Shirley E. Eisler, individually and as Co-Trustees of the Eisler Revocable Trust; Allen Orwitz and Lea Orwitz individually and as Co-Trustees of the Allen Orwitz and Lea Orwitz Revocable Trust; BACO Realty Corporation.
                           

 

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