FWP 1 n597_anx1-x5.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-01
     

 

 

     
  Wells Fargo Commercial Mortgage Trust 2015-P2 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. 333-206677) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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,  Citigroup Global Markets Inc., SG Americas Securities, LLC, or Deutsche Bank Securities Inc.,  or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on 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 information herein is preliminary and may be supplemented or amended prior to the time of sale. 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 investor has otherwise taken all actions the investor must take to become committed to purchase the Offered Certificates, and the investor has therefore entered into a contract of sale. Any “indications of interest” expressed by any prospective investor, and any “soft circles” generated by the underwriters, prior to the time of sale, 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.  
  In addition, the Offered Certificates referred to in these martials and the asset pool backing them are subject to modification or revision (including the possiblity that one or more classes of certificates may be split, combined, or elminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. 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.  
  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
1   Rolling Brook Village   LCF       1723 Long Shadows Court   Woodbridge   VA   22192   Multifamily
2   Empire Mall   SG       5000 Empire Mall   Sioux Falls   SD   57106   Retail
3   Pineapple Hotel Portfolio   PCC       Various   Seattle   WA   Various   Hospitality
3.01   Hotel Five   PCC       2200 5th Avenue   Seattle   WA   98121   Hospitality
3.02   Watertown Hotel   PCC       4242 Roosevelt Way Northeast   Seattle   WA   98105   Hospitality
3.03   University Inn   PCC       4140 Roosevelt Way   Seattle   WA   98105   Hospitality
4   Adler Office   PCC   Crossed Portfolio A   7855, 7875, 7925, 7955, 7975, 8095, 8175, 8181 Northwest 12th Street and 1200 Northwest 78th Avenue   Doral   FL   33126   Office
5   Adler Industrial   PCC   Crossed Portfolio A   1701-1723, 1901-1923 Northwest 82nd Avenue and 2156-2298 Northwest 82nd Avenue   Doral   FL   33126   Industrial
6   Harbor Pointe Apartments   CGMRC       302 Constitution Avenue   Bayonne   NJ   07002   Multifamily
7   Heritage Industrial Portfolio   PCC       Various   Various   Various   Various   Industrial
7.01   2294 Molly Pitcher Highway   PCC       2294 Molly Pitcher Highway     Chambersburg   PA   17202   Industrial
7.02   1001 & 1011 Air Park Drive   PCC       1001 & 1011 Air Park Drive   Middletown   PA   17057   Industrial
7.03   4472 Steelway Boulevard North   PCC       4472 Steelway Boulevard North   Clay   NY   13090   Industrial
7.04   3530 East Pike Road   PCC       3530 East Pike Road   Zanesville   OH   43701   Industrial
7.05   22 Northeastern Industrial Park   PCC       22 Northeastern Industrial Park     Guilderland   NY   12085   Industrial
7.06   8 Northeastern Industrial Park   PCC       8 Northeastern Industrial Park     Guilderland   NY   12085   Industrial
7.07   4 & 8 Marway Circle   PCC       4 & 8 Marway Circle     Gates   NY   14624   Industrial
7.08   4500 & 4510 Steelway Boulevard South   PCC       4500 & 4510 Steelway Boulevard South   Clay   NY   13090   Industrial
7.09   21 Northeastern Industrial Park   PCC       21 Northeastern Industrial Park     Guilderland   NY   12085   Industrial
7.10   4474 Steelway Boulevard North   PCC       4474 Steelway Boulevard North   Clay   NY   13090   Industrial
7.11   16725 Square Drive   PCC       16725 Square Drive   Marysville   OH   43040   Industrial
7.12   5 Marway Circle   PCC       5 Marway Circle     Gates   NY   14624   Industrial
8   Anchorage Marriott Downtown   CGMRC       820 West 7th Avenue   Anchorage   AK   99501   Hospitality
9   Harvey Building Products Portfolio   LCF       Various   Various   Various   Various   Various
9.01   Londonderry Manufacturing   LCF       5 Jack’s Bridge Road   Londonderry   NH   03062   Industrial
9.02   Waltham Corporate   LCF       1400 Main Street   Waltham   MA   02451   Office
9.03   Dartmouth Manufacturing   LCF       7 Ledgewood Boulevard   North Dartmouth   MA   02714   Industrial
9.04   Nashua   LCF       90 Northeastern Boulevard   Nashua   NH   03062   Industrial
9.05   West Bridgewater   LCF       10 Turnpike Street   West Bridgewater   MA   02379   Industrial
9.06   Woburn   LCF       27-33 Commonwealth Ave   Woburn   MA   01801   Industrial
9.07   Manchester, NH   LCF       344 East Industrial Park Drive   Manchester   NH   03109   Industrial
9.08   New London   LCF       1096 Hartford Turnpike   Waterford   CT   06385   Industrial
9.09   East Haven   LCF       221 Commerce Street   East Haven   CT   06512   Industrial
9.10   Salem   LCF       4 Raymond Ave   Salem   NH   03079   Industrial
9.11   Bethlehem   LCF       2000 City Line Road   Bethlehem   PA   18017   Industrial
9.12   Lincoln   LCF       21 Wellington Road   Lincoln   RI   02865   Industrial
9.13   Berlin   LCF       272 Woodlawn Road   Berlin   CT   06037   Industrial
9.14   Woburn CPD   LCF       35 Commonwealth Ave   Woburn   MA   01801   Industrial
9.15   Norwalk I   LCF       256-258 Martin Luther King Drive   Norwalk   CT   06854   Industrial
9.16   Dartmouth   LCF       965 Reed Road   Dartmouth   MA   02747   Industrial
9.17   Braintree   LCF       320 Wood Road   Braintree   MA   02184   Industrial
9.18   Manchester, CT   LCF       730 Parker Street   Manchester   CT   06042   Industrial
9.19   Portland   LCF       401 Riverside Street   Portland   ME   04103   Industrial
9.20   Norwalk II   LCF       260 Martin Luther King Drive   Norwalk   CT   06854   Industrial
9.21   Warwick   LCF       45 Lori Ann Way   Warwick   RI   02886   Industrial
9.22   Fitchburg   LCF       133 Benson Street   Fitchburg   MA   01420   Industrial
9.23   Auburn   LCF       300 Washington Street   Auburn   MA   01501   Industrial
9.24   Portsmouth   LCF       240 West Road   Portsmouth   NH   03801   Industrial
9.25   Southampton   LCF       99 Buck Road   Huntingdon Valley   PA   19006   Industrial
9.26   Hyannis   LCF       186 Breeds Hill Road   Hyannis   MA   02601   Industrial
9.27   Wilkes-Barre   LCF       936 Rutter Avenue   Forty Fort   PA   18704   Industrial
9.28   Berlin CPD   LCF       230 Woodlawn Road   Berlin   CT   06037   Industrial
9.29   Springfield   LCF       175 Carando Drive   Springfield   MA   01104   Industrial
9.30   White River Junction   LCF       1354 North Hartland Road   White River Junction   VT   05001   Industrial
10   JW Marriott Santa Monica Le Merigot   CGMRC       1740 Ocean Avenue   Santa Monica   CA   90401   Hospitality
11   Keeper’s Self Storage Manhattan   CGMRC       444 East 10th Street   New York   NY   10009   Self Storage
12   2052 Century Park East   WFB       2052 Century Park East   Los Angeles   CA   90067   Other
13   Home Depot Jamaica   PCC       92-30 168th Street   Jamaica   NY   11433   Other
14   Aloft Nashville West End   PCC       1719 West End Avenue   Nashville   TN   37203   Hospitality
15   Merritt Creek Farm Shopping Center   PCC       1050, 2010, 2014, 2030, 2040, 2050, 2060, 2064, 2068, 2080, 2098 Thundering Herd Drive; 900, 910, 920, 930, 940, 950 Lauren Christian Drive; 3060 Champion Drive   Barboursville   WV   25504   Retail
16   Westgate Shopping Center   CGMRC       2467 West Stadium Boulevard   Ann Arbor   MI   48103   Retail
17   Green Caye   LCF       2415 Caroline Street   Dickinson   TX   77539   Mixed Use
18   Huntington Park Shopping Center   WFB       6000-6082 Pacific Boulevard; 2671 Randolph Street   Huntington Park   CA   90255   Retail
19   Columbine Place   SG       216 16th Street   Denver   CO   80202   Office
20   2200 Harbor Boulevard   WFB       2200 Harbor Boulevard   Costa Mesa   CA   92627   Retail
21   Hayden’s Crossing   LCF       5464 Eagle River Drive   Dublin   OH   43016   Multifamily
22   2700 Blankenbaker   WFB       2700 Blankenbaker Parkway   Louisville   KY   40299   Office
23   Amsdell Michigan Pool   CGMRC       Various   Various   MI   Various   Self Storage
23.01   Amsdell - Shelby, Michigan   CGMRC       50387 Van Dyke Avenue   Shelby   MI   48317   Self Storage
23.02   Amsdell - Fraser, Michigan   CGMRC       32968 Groesbeck Highway   Fraser   MI   48026   Self Storage
23.03   Amsdell - Flat Rock, Michigan   CGMRC       14551 Telegraph Road   Flat Rock   MI   48134   Self Storage
24   Marley Manor Apartments   PCC       1006-1018 Marley Manor Drive and 691-695 Ramsey Court   Salisbury   MD   21804   Multifamily
25   Savannah Club Apartments   LCF       250 South Stagecoach Trail   San Marcos   TX   78666   Multifamily
26   Hawthorne Business Center   PCC       12501-12529 and 12563-12695 Crenshaw Boulevard   Hawthorne   CA   90250   Industrial
27   Valley View Business Center   WFB       6625 South Valley View Boulevard   Las Vegas   NV   89118   Industrial
28   Gallery Shopping Center   LCF       535-621 Haywood Road   Greenville   SC   29607   Retail
29   Security Public Storage - Salinas   WFB       271 Sun Way   Salinas   CA   93901   Self Storage
30   Dollar Self Storage   SG       1475 American Pacific Drive   Henderson   NV   89074   Self Storage
31   Sunset Plaza   CGMRC       4157-4219 Sunset Drive   San Angelo   TX   76904   Retail
32   Tally Ho   LCF       3464 Naamans Road   Wilmington   DE   19810   Retail
33   Parkway Commons   WFB       3046 Columbia Avenue   Franklin   TN   37064   Mixed Use
34   Reasor’s Foods- Bixby   LCF       11116 South Memorial Drive   Bixby   OK   74008   Retail
35   OSH San Leandro   WFB       300 Floresta Boulevard   San Leandro   CA   94578   Retail
36   ClimaStor 6   WFB       7355 Perkins Road   Baton Rouge   LA   70808   Self Storage
37   Joiner Parkway Self Storage   WFB       108 Joiner Parkway   Lincoln   CA   95648   Self Storage
38   Fairfield Inn & Suites Lumberton   LCF       3361 Lackey Street   Lumberton   NC   28360   Hospitality
39   LA Fitness - Euless   SG       2600 State Highway 121   Euless   TX   76039   Retail
40   Golf Plaza   LCF       1701-1753 West Golf Road   Mount Prospect   IL   60056   Retail
41   CSS Lafayette   CGMRC       3330 Mount Diablo Boulevard   Lafayette   CA   94549   Self Storage
42   LA Fitness - Grand Prairie   SG       2803 West I-20   Grand Prairie   TX   75052   Retail
43   LA Fitness - Pearland   SG       2850 Pearland Parkway   Pearland   TX   77581   Retail
44   Security Public Storage – Pittsburg   WFB       521 Harbor Court   Pittsburg   CA   94565   Self Storage
45   Academy Gateway Retail   WFB       7140-7148 and 7150-7190 North Academy Boulevard   Colorado Springs   CO   80920   Retail
46   Hawthorn Suites Philadelphia   LCF       7890 Penrose Avenue   Philadelphia   PA   19153   Hospitality
47   Ventura Green Apartments   SG       7000 South Walker Avenue   Oklahoma City   OK   73139   Multifamily
48   Hawthorne Club Apartments   WFB       7560 North Merriman Road   Westland   MI   48185   Multifamily
49   Dover Downs   LCF       1165 North Dupont Highway   Dover   DE   19901   Retail
50   Walgreens- York   LCF       2101 South Queen Street   York   PA   17403   Retail
51   URS Corporate Center   LCF       7800 Congress Ave   Boca Raton   FL   33487   Office
52   3325 Hollywood Boulevard   CGMRC       3325 Hollywood Boulevard   Hollywood   FL   33021   Mixed Use
53   Walgreens- Reynoldsburg   LCF       2300 State Route 256   Reynoldsburg   OH   43068   Retail
54   Security Public Storage - Manteca   WFB       316 and 1957 West Lathrop Road   Manteca   CA   95336   Self Storage
55   Storage Depot Fossil Creek   WFB       6650 North Riverside Drive   Fort Worth   TX   76137   Self Storage
56   ClimaStor 7   WFB       5252 Mancuso Lane   Baton Rouge   LA   70809   Self Storage
57   Oak Valley Apartments   CGMRC       1899 Independence Boulevard   Lancaster   OH   43130   Multifamily
58   Harp’s Foods- Grove   LCF       1310 South Main Street   Grove   OK   74344   Retail
59   Walgreens-Dyersburg   LCF       2615 Lake Road   Dyersburg   TN   38024   Retail
60   University Center South   WFB       4317, 4345, 4347 University Boulevard South   Jacksonville   FL   32216   Retail
61   Baymont Inn & Suites Las Vegas   SG       55 East Robindale Road   Las Vegas   NV   89123   Hospitality
62   Storage Depot Morning Side   WFB       205 Morningside Road   Brownsville   TX   78521   Self Storage
63   Security Public Storage - Sacramento III   WFB       7051 Power Inn Road   Sacramento   CA   95828   Self Storage
64   Alpha Corners   LCF       6267 Wilson Mills Road   Highland Heights   OH   44143   Retail
65   Storage Depot Culebra   WFB       9428 Culebra Road   San Antonio   TX   78251   Self Storage
66   Eagle Point Estates   WFB       5300, 5350, and 5355 Russell Court   Whitehall   PA   18052   Multifamily
67   Dollar General - Farmington   LCF       816 East Fort Street   Farmington   IL   61531   Retail
68   Dollar General - Rice   LCF       12564 Fromelt Loop North West   Rice   MN   56367   Retail
69   Dollar General - Bloomington   LCF       507 South McClun Street   Bloomington   IL   61701   Retail
70   Dollar General - Cape Girardeau   LCF       7889 State Highway K   Gordonville   MO   63701   Retail
71   Dollar General - Troy   LCF       150 Blue Goose Road   Troy   MO   63379   Retail

 

A-1-1
 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES        
         
Mortgage Loan Number   Property Name   Specific Property Type   Year
Built
  Year
Renovated
  Number of Units(3)(4)   Unit of Measure   Cut-off Date Balance Per Unit/SF(5)   Original Balance ($)(5)   Cut-off Date Balance ($)(5)   % of Aggregate
Initial Pool
Balance
  Balloon Balance ($)(5)   ARD Loan   Origination Date   First Pay Date
1   Rolling Brook Village   Garden   1987   2015   732   Units   120,219   88,000,000   88,000,000   8.8%   88,000,000   N   11/17/2015   1/6/2016
2   Empire Mall   Regional Mall   1974   2013   1,124,451   Sq. Ft.   169   75,000,000   75,000,000   7.5%   65,368,942   N   11/24/2015   1/1/2016
3   Pineapple Hotel Portfolio   Limited Service   Various   Various   318   Rooms   193,396   61,500,000   61,500,000   6.1%   53,145,123   N   11/6/2015   1/1/2016
3.01   Hotel Five   Limited Service   1973   2013   116   Rooms       23,820,000   23,820,000   2.4%                
3.02   Watertown Hotel   Limited Service   2001       100   Rooms       19,980,000   19,980,000   2.0%                
3.03   University Inn   Limited Service   1962       102   Rooms       17,700,000   17,700,000   1.8%                
4   Adler Office   Suburban   1979       388,305   Sq. Ft.   98   40,200,000   40,200,000   4.0%   36,993,582   N   8/5/2015   10/1/2015
5   Adler Industrial   Light Industrial   1988       196,267   Sq. Ft.   98   16,800,000   16,800,000   1.7%   15,460,004   N   8/5/2015   10/1/2015
6   Harbor Pointe Apartments   Mid Rise   2009       544   Units   202,206   50,000,000   50,000,000   5.0%   50,000,000   N   10/21/2015   12/6/2015
7   Heritage Industrial Portfolio   Various   Various   Various   2,578,919   Sq. Ft.   32   41,000,000   41,000,000   4.1%   36,006,672   N   7/29/2015   9/1/2015
7.01   2294 Molly Pitcher Highway   Warehouse   1960   1991   621,400   Sq. Ft.       14,208,295   14,208,295   1.4%                
7.02   1001 & 1011 Air Park Drive   Warehouse   1991       286,203   Sq. Ft.       7,255,300   7,255,300   0.7%                
7.03   4472 Steelway Boulevard North   Warehouse   1977       378,500   Sq. Ft.       3,400,922   3,400,922   0.3%                
7.04   3530 East Pike Road   Warehouse   1991       300,000   Sq. Ft.       3,238,433   3,238,433   0.3%                
7.05   22 Northeastern Industrial Park   Warehouse   1989       104,000   Sq. Ft.       2,191,705   2,191,705   0.2%                
7.06   8 Northeastern Industrial Park   Warehouse   1953       199,045   Sq. Ft.       2,153,917   2,153,917   0.2%                
7.07   4 & 8 Marway Circle   Warehouse   1980       124,696   Sq. Ft.       1,927,189   1,927,189   0.2%                
7.08   4500 & 4510 Steelway Boulevard South   Warehouse   1970       123,000   Sq. Ft.       1,549,309   1,549,309   0.2%                
7.09   21 Northeastern Industrial Park   Warehouse   1987       100,065   Sq. Ft.       1,473,733   1,473,733   0.1%                
7.10   4474 Steelway Boulevard North   Warehouse   1977       160,000   Sq. Ft.       1,473,733   1,473,733   0.1%                
7.11   16725 Square Drive   Warehouse   1987       130,735   Sq. Ft.       1,333,917   1,333,917   0.1%                
7.12   5 Marway Circle   Flex   1976       51,275   Sq. Ft.       793,548   793,548   0.1%                
8   Anchorage Marriott Downtown   Full Service   2000   2012   392   Rooms   193,503   37,975,000   37,926,518   3.8%   30,882,451   N   10/7/2015   12/6/2015
9   Harvey Building Products Portfolio   Various   Various   Various   2,046,119   Sq. Ft.   54   33,000,000   32,922,772   3.3%   30,369,128   N   10/1/2015   11/6/2015
9.01   Londonderry Manufacturing   Manufacturing   2007       376,294   Sq. Ft.       6,375,000   6,360,081   0.6%                
9.02   Waltham Corporate   Suburban   2000   2015   54,400   Sq. Ft.       3,264,000   3,256,361   0.3%                
9.03   Dartmouth Manufacturing   Manufacturing   1998       235,239   Sq. Ft.       3,045,000   3,037,874   0.3%                
9.04   Nashua   Warehouse   2006       111,594   Sq. Ft.       1,536,000   1,532,405   0.2%                
9.05   West Bridgewater   Warehouse   2005       81,776   Sq. Ft.       1,425,000   1,421,665   0.1%                
9.06   Woburn   Warehouse   1989       76,054   Sq. Ft.       1,410,000   1,406,700   0.1%                
9.07   Manchester, NH   Warehouse   2003       81,747   Sq. Ft.       1,164,900   1,162,174   0.1%                
9.08   New London   Warehouse   2008       70,642   Sq. Ft.       1,095,000   1,092,437   0.1%                
9.09   East Haven   Warehouse   2005       70,089   Sq. Ft.       1,020,000   1,017,613   0.1%                
9.10   Salem   Warehouse   2001       58,286   Sq. Ft.       1,020,000   1,017,613   0.1%                
9.11   Bethlehem   Warehouse   1973       71,091   Sq. Ft.       990,000   987,683   0.1%                
9.12   Lincoln   Warehouse   2003       80,240   Sq. Ft.       952,500   950,271   0.1%                
9.13   Berlin   Warehouse   1995       43,796   Sq. Ft.       915,000   912,859   0.1%                
9.14   Woburn CPD   Warehouse   1984       59,800   Sq. Ft.       900,000   897,894   0.1%                
9.15   Norwalk I   Warehouse   1972       40,232   Sq. Ft.       750,000   748,245   0.1%                
9.16   Dartmouth   Warehouse   1974       63,117   Sq. Ft.       720,000   718,315   0.1%                
9.17   Braintree   Warehouse   1986       32,531   Sq. Ft.       675,000   673,420   0.1%                
9.18   Manchester, CT   Warehouse   1996       49,175   Sq. Ft.       630,000   628,526   0.1%                
9.19   Portland   Warehouse   1976       48,145   Sq. Ft.       630,000   628,526   0.1%                
9.20   Norwalk II   Warehouse   1974       30,000   Sq. Ft.       570,000   568,666   0.1%                
9.21   Warwick   Warehouse   1997       43,899   Sq. Ft.       566,400   565,074   0.1%                
9.22   Fitchburg   Warehouse   2002       39,433   Sq. Ft.       485,400   484,264   0.0%                
9.23   Auburn   Warehouse   1983       37,132   Sq. Ft.       469,200   468,102   0.0%                
9.24   Portsmouth   Warehouse   1993       31,470   Sq. Ft.       453,000   451,940   0.0%                
9.25   Southampton   Warehouse   2009       36,421   Sq. Ft.       375,000   374,122   0.0%                
9.26   Hyannis   Warehouse   1986       24,070   Sq. Ft.       356,100   355,267   0.0%                
9.27   Wilkes-Barre   Warehouse   1950   1999   32,200   Sq. Ft.       330,000   329,228   0.0%                
9.28   Berlin CPD   Warehouse   1977   2002   28,163   Sq. Ft.       322,500   321,745   0.0%                
9.29   Springfield   Warehouse   1989       25,347   Sq. Ft.       300,000   299,298   0.0%                
9.30   White River Junction   Warehouse   1981       13,736   Sq. Ft.       255,000   254,403   0.0%                
10   JW Marriott Santa Monica Le Merigot   Full Service   1999   2014   175   Rooms   356,141   31,200,000   31,162,303   3.1%   28,764,615   N   10/7/2015   12/6/2015
11   Keeper’s Self Storage Manhattan   Self Storage   1928   1984   61,575   Sq. Ft.   503   31,000,000   31,000,000   3.1%   31,000,000   N   11/13/2015   1/6/2016
12   2052 Century Park East   Leased Fee           63,000   Sq. Ft.   476   30,000,000   30,000,000   3.0%   30,000,000   N   11/18/2015   1/11/2016
13   Home Depot Jamaica   Leased Fee   2007       105,196   Sq. Ft.   238   25,000,000   25,000,000   2.5%   22,794,458   N   8/13/2015   10/1/2015
14   Aloft Nashville West End   Limited Service   1956   2015   139   Rooms   176,978   24,600,000   24,600,000   2.5%   22,578,504   N   11/19/2015   1/1/2016
15   Merritt Creek Farm Shopping Center   Anchored   2002       265,070   Sq. Ft.   83   22,000,000   22,000,000   2.2%   18,903,983   N   9/8/2015   11/1/2015
16   Westgate Shopping Center   Anchored   1960   2004   174,426   Sq. Ft.   126   22,000,000   22,000,000   2.2%   19,446,102   N   11/17/2015   1/6/2016
17   Green Caye   Manufactured Housing Community/Multifamily/ Self Storage   2000   2015   760   Units   25,000   19,000,000   19,000,000   1.9%   15,494,468   N   11/17/2015   1/6/2016
18   Huntington Park Shopping Center   Anchored   1988       91,944   Sq. Ft.   201   18,500,000   18,500,000   1.8%   17,008,539   N   11/6/2015   12/11/2015
19   Columbine Place   CBD   1981       149,694   Sq. Ft.   104   15,500,000   15,500,000   1.5%   15,500,000   N   9/30/2015   11/1/2015
20   2200 Harbor Boulevard   Anchored   1961   1994   188,662   Sq. Ft.   74   14,000,000   14,000,000   1.4%   12,806,472   N   11/2/2015   12/11/2015
21   Hayden’s Crossing   High Rise   2015       102   Units   132,843   13,550,000   13,550,000   1.4%   11,648,593   N   11/5/2015   12/6/2015
22   2700 Blankenbaker   Suburban   2002       107,598   Sq. Ft.   119   12,788,000   12,788,000   1.3%   11,538,540   N   11/12/2015   1/11/2016
23   Amsdell Michigan Pool   Self Storage   Various       190,565   Sq. Ft.   66   12,500,000   12,500,000   1.2%   11,051,353   N   11/16/2015   1/6/2016
23.01   Amsdell - Shelby, Michigan   Self Storage   2004       70,400   Sq. Ft.       4,575,000   4,575,000   0.5%                
23.02   Amsdell - Fraser, Michigan   Self Storage   2003       65,830   Sq. Ft.       4,300,000   4,300,000   0.4%                
23.03   Amsdell - Flat Rock, Michigan   Self Storage   2002       54,335   Sq. Ft.       3,625,000   3,625,000   0.4%                
24   Marley Manor Apartments   Garden   2007       120   Units   100,833   12,100,000   12,100,000   1.2%   11,086,243   N   8/13/2015   10/1/2015
25   Savannah Club Apartments   Garden   2005       180   Units   66,667   12,000,000   12,000,000   1.2%   12,000,000   N   10/30/2015   12/6/2015
26   Hawthorne Business Center   Light Industrial   1973       198,122   Sq. Ft.   60   11,800,000   11,800,000   1.2%   11,800,000   N   8/25/2015   10/1/2015
27   Valley View Business Center   Flex   2005       120,722   Sq. Ft.   93   11,200,000   11,185,358   1.1%   9,067,985   N   11/2/2015   12/11/2015
28   Gallery Shopping Center   Anchored   1987       142,911   Sq. Ft.   71   10,150,000   10,150,000   1.0%   8,735,443   N   11/6/2015   12/6/2015
29   Security Public Storage - Salinas   Self Storage   1979       124,036   Sq. Ft.   80   9,925,000   9,925,000   1.0%   8,016,795   N   11/2/2015   1/1/2016
30   Dollar Self Storage   Self Storage   2006       725   Unit   12,621   9,150,000   9,150,000   0.9%   7,459,056   N   11/4/2015   1/1/2016
31   Sunset Plaza   Shadow Anchored   2006       89,144   Sq. Ft.   103   9,150,000   9,150,000   0.9%   7,533,436   N   11/9/2015   1/6/2016
32   Tally Ho   Anchored   1985   2002   25,087   Sq. Ft.   358   9,000,000   8,988,677   0.9%   7,338,819   N   11/2/2015   12/6/2015
33   Parkway Commons   Retail/Office   2005       42,871   Sq. Ft.   188   8,050,000   8,050,000   0.8%   8,050,000   N   10/21/2015   12/11/2015
34   Reasor’s Foods- Bixby   Single Tenant   2012       75,996   Sq. Ft.   104   7,910,000   7,910,000   0.8%   7,910,000   Y   11/4/2015   12/6/2015
35   OSH San Leandro   Single Tenant   1983   2013   43,474   Sq. Ft.   176   7,650,000   7,650,000   0.8%   7,650,000   N   10/27/2015   12/11/2015
36   ClimaStor 6   Self Storage   1994   2003   85,851   Sq. Ft.   89   7,630,000   7,620,134   0.8%   6,190,235   N   11/2/2015   12/11/2015
37   Joiner Parkway Self Storage   Self Storage   2001       87,785   Sq. Ft.   84   7,350,000   7,350,000   0.7%   6,998,179   N   11/2/2015   12/11/2015
38   Fairfield Inn & Suites Lumberton   Limited Service   1994   2015   103   Rooms   67,848   7,000,000   6,988,368   0.7%   5,247,442   N   10/23/2015   12/6/2015
39   LA Fitness - Euless   Single Tenant   2006       45,000   Sq. Ft.   149   6,700,000   6,700,000   0.7%   5,908,469   N   11/5/2015   1/1/2016
40   Golf Plaza   Anchored   1974       82,748   Sq. Ft.   79   6,500,000   6,500,000   0.6%   5,719,526   N   11/13/2015   1/6/2016
41   CSS Lafayette   Self Storage   2004       37,855   Sq. Ft.   166   6,300,000   6,300,000   0.6%   5,660,640   N   11/6/2015   12/6/2015
42   LA Fitness - Grand Prairie   Single Tenant   2006       45,000   Sq. Ft.   140   6,300,000   6,300,000   0.6%   5,555,724   N   11/5/2015   1/1/2016
43   LA Fitness - Pearland   Single Tenant   2007       45,000   Sq. Ft.   136   6,125,000   6,125,000   0.6%   5,401,398   N   11/5/2015   1/1/2016
44   Security Public Storage – Pittsburg   Self Storage   1978       73,407   Sq. Ft.   82   6,050,000   6,050,000   0.6%   4,895,231   N   11/2/2015   1/1/2016
45   Academy Gateway Retail   Unanchored   2002       27,953   Sq. Ft.   208   5,820,000   5,820,000   0.6%   5,820,000   N   10/27/2015   12/11/2015
46   Hawthorn Suites Philadelphia   Extended Stay   1993   2014   102   Rooms   53,837   5,500,000   5,491,368   0.5%   4,179,382   N   11/2/2015   12/6/2015
47   Ventura Green Apartments   Garden   1975   2013   158   Unit   34,494   5,450,000   5,450,000   0.5%   5,005,517   N   11/13/2015   1/1/2016
48   Hawthorne Club Apartments   Garden   1968       253   Units   20,158   5,100,000   5,100,000   0.5%   4,435,060   N   11/2/2015   12/11/2015
49   Dover Downs   Anchored   1993   2005   95,733   Sq. Ft.   52   5,000,000   4,993,835   0.5%   4,092,102   N   11/10/2015   12/6/2015
50   Walgreens- York   Single Tenant   2005       14,550   Sq. Ft.   342   4,970,000   4,970,000   0.5%   4,066,442   N   11/10/2015   1/6/2016
51   URS Corporate Center   Suburban   2000       42,455   Sq. Ft.   115   4,900,000   4,900,000   0.5%   4,900,000   N   11/6/2015   12/6/2015
52   3325 Hollywood Boulevard   Office/Retail   1966       36,871   Sq. Ft.   125   4,600,000   4,600,000   0.5%   4,600,000   N   10/8/2015   12/6/2015
53   Walgreens- Reynoldsburg   Single Tenant   2005       14,820   Sq. Ft.   302   4,480,000   4,480,000   0.4%   3,665,525   N   11/10/2015   1/6/2016
54   Security Public Storage - Manteca   Self Storage   1973       70,287   Sq. Ft.   60   4,225,000   4,225,000   0.4%   3,418,571   N   11/2/2015   1/1/2016
55   Storage Depot Fossil Creek   Self Storage   2001   2008   72,225   Sq. Ft.   56   4,015,000   4,015,000   0.4%   3,454,285   N   10/29/2015   12/11/2015
56   ClimaStor 7   Self Storage   2002       43,329   Sq. Ft.   88   3,800,000   3,795,086   0.4%   3,082,948   N   11/3/2015   12/11/2015
57   Oak Valley Apartments   Garden   1993   1998   120   Units   31,250   3,750,000   3,750,000   0.4%   3,321,216   N   11/10/2015   1/6/2016
58   Harp’s Foods- Grove   Single Tenant   2013       31,500   Sq. Ft.   114   3,605,000   3,605,000   0.4%   3,605,000   Y   11/4/2015   12/6/2015
59   Walgreens-Dyersburg   Single Tenant   2005       14,820   Sq. Ft.   213   3,150,000   3,150,000   0.3%   2,577,323   N   11/10/2015   1/6/2016
60   University Center South   Unanchored   1972       43,532   Sq. Ft.   71   3,150,000   3,080,983   0.3%   2,577,339   N   5/30/2014   7/1/2014
61   Baymont Inn & Suites Las Vegas   Limited Service   2007       111   Rooms   26,547   2,950,000   2,946,753   0.3%   2,739,852   N   10/2/2015   12/1/2015
62   Storage Depot Morning Side   Self Storage   2001   2008   57,525   Sq. Ft.   47   2,690,000   2,686,634   0.3%   2,195,695   N   10/29/2015   12/11/2015
63   Security Public Storage - Sacramento III   Self Storage   1986       64,357   Sq. Ft.   40   2,600,000   2,600,000   0.3%   2,103,013   N   11/2/2015   1/1/2016
64   Alpha Corners   Unanchored   2015       5,620   Sq. Ft.   391   2,200,000   2,197,236   0.2%   1,794,415   N   11/6/2015   12/6/2015
65   Storage Depot Culebra   Self Storage   2006       40,925   Sq. Ft.   49   2,010,000   2,010,000   0.2%   1,729,293   N   10/29/2015   12/11/2015
66   Eagle Point Estates   Garden   1995       32   Units   42,969   1,375,000   1,375,000   0.1%   1,116,740   N   11/17/2015   1/11/2016
67   Dollar General - Farmington   Single Tenant   2015       9,100   Sq. Ft   98   890,500   890,500   0.1%   890,500   Y   11/5/2015   12/6/2015
68   Dollar General - Rice   Single Tenant   2015       9,002   Sq. Ft   90   812,500   812,500   0.1%   812,500   Y   11/12/2015   1/6/2016
69   Dollar General - Bloomington   Single Tenant   2015       9,026   Sq. Ft   90   812,500   812,500   0.1%   812,500   Y   11/5/2015   12/6/2015
70   Dollar General - Cape Girardeau   Single Tenant   2015       9,026   Sq. Ft   85   767,000   767,000   0.1%   767,000   Y   11/17/2015   1/6/2016
71   Dollar General - Troy   Single Tenant   2015       9,002   Sq. Ft   82   734,500   734,500   0.1%   734,500   Y   11/5/2015   12/6/2015

  

A-1-2
 

 

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

 

Mortgage Loan Number   Property Name   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   Asset Representations Reviewer Fee Rate   Net Mortgage Rate   Interest Accrual Method   Monthly P&I Payment ($)   Amortization Type
1   Rolling Brook Village   12/6/2020       12/6/2020       5.24700%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.23267%   Actual/360   391,193.00   Interest-only, Balloon
2   Empire Mall   12/1/2018   1/1/2019   12/1/2025       4.31400%   0.00000%   0.00600%   0.00500%   0.00050%   0.00083%   4.30167%   Actual/360   371,770.39   Interest-only, Amortizing Balloon
3   Pineapple Hotel Portfolio   12/1/2017   1/1/2018   12/1/2025       4.95000%   0.00200%   0.00600%   0.01250%   0.00050%   0.00083%   4.92817%   Actual/360   328,268.55   Interest-only, Amortizing Balloon
3.01   Hotel Five                                                        
3.02   Watertown Hotel                                                        
3.03   University Inn                                                        
4   Adler Office   9/1/2020   10/1/2020   9/1/2025       4.86000%   0.00200%   0.00600%   0.03250%   0.00050%   0.00083%   4.81817%   Actual/360   212,375.85   Interest-only, Amortizing Balloon
5   Adler Industrial   9/1/2020   10/1/2020   9/1/2025       4.86000%   0.00200%   0.00600%   0.03250%   0.00050%   0.00083%   4.81817%   Actual/360   88,754.09   Interest-only, Amortizing Balloon
6   Harbor Pointe Apartments   11/6/2025       11/6/2025       4.76000%   0.00000%   0.00600%   0.00500%   0.00050%   0.00083%   4.74767%   Actual/360   201,638.89   Interest-only, Balloon
7   Heritage Industrial Portfolio   8/1/2018   9/1/2018   8/1/2025       4.64000%   0.00200%   0.00600%   0.02250%   0.00050%   0.00083%   4.60817%   Actual/360   211,165.43   Interest-only, Amortizing Balloon
7.01   2294 Molly Pitcher Highway                                                        
7.02   1001 & 1011 Air Park Drive                                                        
7.03   4472 Steelway Boulevard North                                                        
7.04   3530 East Pike Road                                                        
7.05   22 Northeastern Industrial Park                                                        
7.06   8 Northeastern Industrial Park                                                        
7.07   4 & 8 Marway Circle                                                        
7.08   4500 & 4510 Steelway Boulevard South                                                        
7.09   21 Northeastern Industrial Park                                                        
7.10   4474 Steelway Boulevard North                                                        
7.11   16725 Square Drive                                                        
7.12   5 Marway Circle                                                        
8   Anchorage Marriott Downtown       12/6/2015   11/6/2025       4.67000%   0.00000%   0.00600%   0.00500%   0.00050%   0.00083%   4.65767%   Actual/360   196,268.54   Amortizing Balloon
9   Harvey Building Products Portfolio       11/6/2015   10/6/2020       4.85000%   0.00000%   0.00600%   0.00500%   0.00050%   0.00083%   4.83767%   Actual/360   174,138.30   Amortizing Balloon
9.01   Londonderry Manufacturing                                                        
9.02   Waltham Corporate                                                        
9.03   Dartmouth Manufacturing                                                        
9.04   Nashua                                                        
9.05   West Bridgewater                                                        
9.06   Woburn                                                        
9.07   Manchester, NH                                                        
9.08   New London                                                        
9.09   East Haven                                                        
9.10   Salem                                                        
9.11   Bethlehem                                                        
9.12   Lincoln                                                        
9.13   Berlin                                                        
9.14   Woburn CPD                                                        
9.15   Norwalk I                                                        
9.16   Dartmouth                                                        
9.17   Braintree                                                        
9.18   Manchester, CT                                                        
9.19   Portland                                                        
9.20   Norwalk II                                                        
9.21   Warwick                                                        
9.22   Fitchburg                                                        
9.23   Auburn                                                        
9.24   Portsmouth                                                        
9.25   Southampton                                                        
9.26   Hyannis                                                        
9.27   Wilkes-Barre                                                        
9.28   Berlin CPD                                                        
9.29   Springfield                                                        
9.30   White River Junction                                                        
10   JW Marriott Santa Monica Le Merigot       12/6/2015   11/6/2020       4.97000%   0.00000%   0.00600%   0.00500%   0.00050%   0.00083%   4.95767%   Actual/360   166,916.77   Amortizing Balloon
11   Keeper’s Self Storage Manhattan   12/6/2025       12/6/2025       4.90000%   0.00200%   0.00600%   0.01500%   0.00050%   0.00083%   4.87567%   Actual/360   128,693.06   Interest-only, Balloon
12   2052 Century Park East   12/11/2025       12/11/2025       4.65000%   0.00200%   0.00600%   0.03250%   0.00050%   0.00083%   4.60817%   Actual/360   118,187.50   Interest-only, Balloon
13   Home Depot Jamaica   9/1/2020   10/1/2020   9/1/2025       4.28000%   0.00200%   0.00600%   0.04250%   0.00050%   0.00083%   4.22817%   Actual/360   123,424.44   Interest-only, Amortizing Balloon
14   Aloft Nashville West End   12/1/2020   1/1/2021   12/1/2025       4.69000%   0.00200%   0.00600%   0.01250%   0.00050%   0.00083%   4.66817%   Actual/360   127,437.08   Interest-only, Amortizing Balloon
15   Merritt Creek Farm Shopping Center   10/1/2017   11/1/2017   10/1/2025       4.73000%   0.00200%   0.00600%   0.04250%   0.00050%   0.00083%   4.67817%   Actual/360   114,497.35   Interest-only, Amortizing Balloon
16   Westgate Shopping Center   12/6/2018   1/6/2019   12/6/2025       4.93000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.91567%   Actual/360   117,161.37   Interest-only, Amortizing Balloon
17   Green Caye       1/6/2016   12/6/2025       4.75100%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.73667%   Actual/360   99,124.45   Amortizing Balloon
18   Huntington Park Shopping Center   11/11/2020   12/11/2020   11/11/2025       4.80000%   0.00200%   0.00600%   0.03250%   0.00050%   0.00083%   4.75817%   Actual/360   97,063.09   Interest-only, Amortizing Balloon
19   Columbine Place   10/1/2025       10/1/2025       4.31000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.29567%   Actual/360   56,598.68   Interest-only, Balloon
20   2200 Harbor Boulevard   11/11/2020   12/11/2020   11/11/2025       4.48000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.46567%   Actual/360   70,769.67   Interest-only, Amortizing Balloon
21   Hayden’s Crossing   11/6/2017   12/6/2017   11/6/2025       4.75000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.73567%   Actual/360   70,683.21   Interest-only, Amortizing Balloon
22   2700 Blankenbaker   12/11/2019   1/11/2020   12/11/2025       4.88000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.86567%   Actual/360   67,713.96   Interest-only, Amortizing Balloon
23   Amsdell Michigan Pool   12/6/2018   1/6/2019   12/6/2025       4.94000%   0.00200%   0.00600%   0.03500%   0.00050%   0.00083%   4.89567%   Actual/360   66,645.08   Interest-only, Amortizing Balloon
23.01   Amsdell - Shelby, Michigan                                                        
23.02   Amsdell - Fraser, Michigan                                                        
23.03   Amsdell - Flat Rock, Michigan                                                        
24   Marley Manor Apartments   9/1/2020   10/1/2020   9/1/2025       4.58000%   0.00200%   0.00600%   0.01250%   0.00050%   0.00083%   4.55817%   Actual/360   61,885.43   Interest-only, Amortizing Balloon
25   Savannah Club Apartments   11/6/2025       11/6/2025       4.40000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.38567%   Actual/360   44,733.33   Interest-only, Balloon
26   Hawthorne Business Center   9/1/2025       9/1/2025       4.55000%   0.00200%   0.00600%   0.04250%   0.00050%   0.00083%   4.49817%   Actual/360   45,487.36   Interest-only, Balloon
27   Valley View Business Center       12/11/2015   11/11/2025       4.54000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.52567%   Actual/360   57,015.26   Amortizing Balloon
28   Gallery Shopping Center   11/6/2017   12/6/2017   11/6/2025       4.79300%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.77867%   Actual/360   53,210.60   Interest-only, Amortizing Balloon
29   Security Public Storage - Salinas       1/1/2016   12/1/2025       4.47000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.45567%   Actual/360   50,111.76   Amortizing Balloon
30   Dollar Self Storage       1/1/2016   12/1/2025       4.74000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.72567%   Actual/360   47,675.59   Amortizing Balloon
31   Sunset Plaza       1/6/2016   12/6/2025       5.04000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.02567%   Actual/360   49,343.11   Amortizing Balloon
32   Tally Ho       12/6/2015   11/6/2025       4.75000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.73567%   Actual/360   46,948.26   Amortizing Balloon
33   Parkway Commons   11/11/2025       11/11/2025       4.49000%   0.00200%   0.00600%   0.03500%   0.00050%   0.00083%   4.44567%   Actual/360   30,622.42   Interest-only, Balloon
34   Reasor’s Foods- Bixby   11/6/2025       11/6/2025   11/6/2030   5.28000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.26567%   Actual/360   35,384.07   Interest-only, ARD
35   OSH San Leandro   11/11/2025       11/11/2025       4.61000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.59567%   Actual/360   29,878.56   Interest-only, Balloon
36   ClimaStor 6       12/11/2015   11/11/2025       4.60000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.58567%   Actual/360   39,114.77   Amortizing Balloon
37   Joiner Parkway Self Storage   11/11/2022   12/11/2022   11/11/2025       4.58000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.56567%   Actual/360   37,591.56   Interest-only, Amortizing Balloon
38   Fairfield Inn & Suites Lumberton       12/6/2015   11/6/2025       5.07000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.05567%   Actual/360   41,207.30   Amortizing Balloon
39   LA Fitness - Euless   12/1/2018   1/1/2019   12/1/2025       4.82500%   0.00200%   0.00600%   0.04500%   0.00050%   0.00083%   4.77067%   Actual/360   35,253.89   Interest-only, Amortizing Balloon
40   Golf Plaza   12/6/2018   1/6/2019   12/6/2025       4.72700%   0.00200%   0.00600%   0.04500%   0.00050%   0.00083%   4.67267%   Actual/360   33,817.02   Interest-only, Amortizing Balloon
41   CSS Lafayette   11/6/2019   12/6/2019   11/6/2025       4.66000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.64567%   Actual/360   32,522.89   Interest-only, Amortizing Balloon
42   LA Fitness - Grand Prairie   12/1/2018   1/1/2019   12/1/2025       4.82500%   0.00200%   0.00600%   0.04500%   0.00050%   0.00083%   4.77067%   Actual/360   33,149.18   Interest-only, Amortizing Balloon
43   LA Fitness - Pearland   12/1/2018   1/1/2019   12/1/2025       4.82500%   0.00200%   0.00600%   0.04500%   0.00050%   0.00083%   4.77067%   Actual/360   32,228.37   Interest-only, Amortizing Balloon
44   Security Public Storage – Pittsburg       1/1/2016   12/1/2025       4.52000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.50567%   Actual/360   30,726.40   Amortizing Balloon
45   Academy Gateway Retail   11/11/2025       11/11/2025       4.53000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.51567%   Actual/360   22,336.68   Interest-only, Balloon
46   Hawthorn Suites Philadelphia       12/6/2015   11/6/2025       5.45000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.43567%   Actual/360   33,610.78   Amortizing Balloon
47   Ventura Green Apartments   12/1/2020   1/1/2021   12/1/2025       4.73300%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.71867%   Actual/360   28,373.96   Interest-only, Amortizing Balloon
48   Hawthorne Club Apartments   11/11/2018   12/11/2018   11/11/2025       4.22000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.20567%   Actual/360   24,999.45   Interest-only, Amortizing Balloon
49   Dover Downs       12/6/2015   11/6/2025       4.86000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.84567%   Actual/360   26,414.91   Amortizing Balloon
50   Walgreens- York       1/6/2016   12/6/2025       4.85000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.83567%   Actual/360   26,226.28   Amortizing Balloon
51   URS Corporate Center   11/6/2025       11/6/2025       4.68600%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.67167%   Actual/360   19,453.41   Interest-only, Balloon
52   3325 Hollywood Boulevard   11/6/2025       11/6/2025       4.28000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.26567%   Actual/360   16,680.11   Interest-only, Balloon
53   Walgreens- Reynoldsburg       1/6/2016   12/6/2025       4.85000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.83567%   Actual/360   23,640.59   Amortizing Balloon
54   Security Public Storage - Manteca       1/1/2016   12/1/2025       4.52000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.50567%   Actual/360   21,457.69   Amortizing Balloon
55   Storage Depot Fossil Creek   11/11/2017   12/11/2017   11/11/2025       4.78000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.76567%   Actual/360   21,016.80   Interest-only, Amortizing Balloon
56   ClimaStor 7       12/11/2015   11/11/2025       4.60000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.58567%   Actual/360   19,480.49   Amortizing Balloon
57   Oak Valley Apartments   12/6/2018   1/6/2019   12/6/2025       5.02000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.00567%   Actual/360   20,176.67   Interest-only, Amortizing Balloon
58   Harp’s Foods- Grove   11/6/2025       11/6/2025   11/6/2030   5.28000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.26567%   Actual/360   16,126.37   Interest-only, ARD
59   Walgreens-Dyersburg       1/6/2016   12/6/2025       4.85000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.83567%   Actual/360   16,622.29   Amortizing Balloon
60   University Center South       7/1/2014   6/1/2024       4.85000%   0.00200%   0.00600%   0.03250%   0.00050%   0.00083%   4.80817%   Actual/360   16,622.29   Amortizing Balloon
61   Baymont Inn & Suites Las Vegas       12/1/2015   11/1/2020       5.47000%   0.00200%   0.00600%   0.05500%   0.00050%   0.00083%   5.40567%   Actual/360   16,694.29   Amortizing Balloon
62   Storage Depot Morning Side       12/11/2015   11/11/2025       4.78000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.76567%   Actual/360   14,081.00   Amortizing Balloon
63   Security Public Storage - Sacramento III       1/1/2016   12/1/2025       4.51000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.49567%   Actual/360   13,189.27   Amortizing Balloon
64   Alpha Corners       12/6/2015   11/6/2025       4.75800%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.74367%   Actual/360   11,486.85   Amortizing Balloon
65   Storage Depot Culebra   11/11/2017   12/11/2017   11/11/2025       4.78000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.76567%   Actual/360   10,521.49   Interest-only, Amortizing Balloon
66   Eagle Point Estates       1/11/2016   12/11/2025       4.63000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   4.61567%   Actual/360   7,073.53   Amortizing Balloon
67   Dollar General - Farmington   11/6/2025       11/6/2025   11/6/2030   5.16000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.14567%   Actual/360   3,892.97   Interest-only, ARD
68   Dollar General - Rice   12/6/2025       12/6/2025   12/6/2030   5.14000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.12567%   Actual/360   3,538.21   Interest-only, ARD
69   Dollar General - Bloomington   11/6/2025       11/6/2025   11/6/2030   5.15000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.13567%   Actual/360   3,545.10   Interest-only, ARD
70   Dollar General - Cape Girardeau   12/6/2025       12/6/2025   12/6/2030   5.20000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.18567%   Actual/360   3,379.06   Interest-only, ARD
71   Dollar General - Troy   11/6/2025       11/6/2025   11/6/2030   5.14000%   0.00200%   0.00600%   0.00500%   0.00050%   0.00083%   5.12567%   Actual/360   3,198.54   Interest-only, ARD

 

A-1-3
 

 

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

 

Mortgage Loan Number   Property Name   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)
1   Rolling Brook Village   Actual/360   60   60   60   60   0   0   0   L(24),D(33),O(3)   0
2   Empire Mall   Actual/360   120   120   36   36   360   360   0   L(24),D(89),O(7)   5
3   Pineapple Hotel Portfolio   Actual/360   120   120   24   24   360   360   0   L(24),D(92),O(4)   5
3.01   Hotel Five                                        
3.02   Watertown Hotel                                        
3.03   University Inn                                        
4   Adler Office   Actual/360   120   117   60   57   360   360   3   L(27),D(89),O(4)   5
5   Adler Industrial   Actual/360   120   117   60   57   360   360   3   L(27),D(89),O(4)   5
6   Harbor Pointe Apartments   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0
7   Heritage Industrial Portfolio   Actual/360   120   116   36   32   360   360   4   L(28),D(88),O(4)   5
7.01   2294 Molly Pitcher Highway                                        
7.02   1001 & 1011 Air Park Drive                                        
7.03   4472 Steelway Boulevard North                                        
7.04   3530 East Pike Road                                        
7.05   22 Northeastern Industrial Park                                        
7.06   8 Northeastern Industrial Park                                        
7.07   4 & 8 Marway Circle                                        
7.08   4500 & 4510 Steelway Boulevard South                                        
7.09   21 Northeastern Industrial Park                                        
7.10   4474 Steelway Boulevard North                                        
7.11   16725 Square Drive                                        
7.12   5 Marway Circle                                        
8   Anchorage Marriott Downtown       120   119   0   0   360   359   1   L(25),D(92),O(3)   0
9   Harvey Building Products Portfolio       60   58   0   0   360   358   2   L(26),D(30),O(4)   0
9.01   Londonderry Manufacturing                                        
9.02   Waltham Corporate                                        
9.03   Dartmouth Manufacturing                                        
9.04   Nashua                                        
9.05   West Bridgewater                                        
9.06   Woburn                                        
9.07   Manchester, NH                                        
9.08   New London                                        
9.09   East Haven                                        
9.10   Salem                                        
9.11   Bethlehem                                        
9.12   Lincoln                                        
9.13   Berlin                                        
9.14   Woburn CPD                                        
9.15   Norwalk I                                        
9.16   Dartmouth                                        
9.17   Braintree                                        
9.18   Manchester, CT                                        
9.19   Portland                                        
9.20   Norwalk II                                        
9.21   Warwick                                        
9.22   Fitchburg                                        
9.23   Auburn                                        
9.24   Portsmouth                                        
9.25   Southampton                                        
9.26   Hyannis                                        
9.27   Wilkes-Barre                                        
9.28   Berlin CPD                                        
9.29   Springfield                                        
9.30   White River Junction                                        
10   JW Marriott Santa Monica Le Merigot       60   59   0   0   360   359   1   L(23),GRTR 1% or YM(2),GRTR 1% or YM or D(32),O(3)   0
11   Keeper’s Self Storage Manhattan   Actual/360   120   120   120   120   0   0   0   L(24),GRTR 1% or YM(92),O(4)   0
12   2052 Century Park East   Actual/360   120   120   120   120   0   0   0   L(24),GRTR 1% or YM or D(92),O(4)   0
13   Home Depot Jamaica   Actual/360   120   117   60   57   360   360   3   L(27),D(89),O(4)   5 days after written notice with a maximum notice required of 1 per year thereafter default occurs without notice.
14   Aloft Nashville West End   Actual/360   120   120   60   60   360   360   0   L(24),D(89),O(7)   5
15   Merritt Creek Farm Shopping Center   Actual/360   120   118   24   22   360   360   2   L(26),D(90),O(4)   5
16   Westgate Shopping Center   Actual/360   120   120   36   36   360   360   0   L(24),GRTR 1% or YM(92),O(4)   0
17   Green Caye       120   120   0   0   360   360   0   L(24),D(93),O(3)   0
18   Huntington Park Shopping Center   Actual/360   120   119   60   59   360   360   1   L(25),D(91),O(4)   0
19   Columbine Place   Actual/360   120   118   120   118   0   0   2   L(26),GRTR 1% or YM(90),O(4)   5
20   2200 Harbor Boulevard   Actual/360   120   119   60   59   360   360   1   L(25),D(91),O(4)   0
21   Hayden’s Crossing   Actual/360   120   119   24   23   360   360   1   L(25),D(92),O(3)   0
22   2700 Blankenbaker   Actual/360   120   120   48   48   360   360   0   L(24),D(92),O(4)   0
23   Amsdell Michigan Pool   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0
23.01   Amsdell - Shelby, Michigan                                        
23.02   Amsdell - Fraser, Michigan                                        
23.03   Amsdell - Flat Rock, Michigan                                        
24   Marley Manor Apartments   Actual/360   120   117   60   57   360   360   3   L(27),D(89),O(4)   5
25   Savannah Club Apartments   Actual/360   120   119   120   119   0   0   1   L(25),D(92),O(3)   0
26   Hawthorne Business Center   Actual/360   120   117   120   117   0   0   3   L(27),D(89),O(4)   5
27   Valley View Business Center       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
28   Gallery Shopping Center   Actual/360   120   119   24   23   360   360   1   L(25),D(92),O(3)   0
29   Security Public Storage - Salinas       120   120   0   0   360   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5
30   Dollar Self Storage       120   120   0   0   360   360   0   L(24),D(92),O(4)   0
31   Sunset Plaza       120   120   0   0   360   360   0   L(24),D(92),O(4)   0
32   Tally Ho       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
33   Parkway Commons   Actual/360   120   119   120   119   0   0   1   L(25),D(88),O(7)   0
34   Reasor’s Foods- Bixby   Actual/360   120   119   120   119   0   0   1   YM(25),YM or D(88),O(7)   0
35   OSH San Leandro   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0
36   ClimaStor 6       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
37   Joiner Parkway Self Storage   Actual/360   120   119   84   83   360   360   1   L(25),D(91),O(4)   0
38   Fairfield Inn & Suites Lumberton       120   119   0   0   300   299   1   L(25),D(91),O(4)   0
39   LA Fitness - Euless   Actual/360   120   120   36   36   360   360   0   L(36),GRTR 1% or YM(80),O(4)   0
40   Golf Plaza   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0
41   CSS Lafayette   Actual/360   120   119   48   47   360   360   1   L(25),D(91),O(4)   0
42   LA Fitness - Grand Prairie   Actual/360   120   120   36   36   360   360   0   L(36),GRTR 1% or YM(80),O(4)   0
43   LA Fitness - Pearland   Actual/360   120   120   36   36   360   360   0   L(36),GRTR 1% or YM(80),O(4)   0
44   Security Public Storage – Pittsburg       120   120   0   0   360   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5
45   Academy Gateway Retail   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0
46   Hawthorn Suites Philadelphia       120   119   0   0   300   299   1   L(25),D(91),O(4)   0
47   Ventura Green Apartments   Actual/360   120   120   60   60   360   360   0   L(24),D(92),O(4)   5
48   Hawthorne Club Apartments   Actual/360   120   119   36   35   360   360   1   L(25),D(91),O(4)   0
49   Dover Downs       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
50   Walgreens- York       120   120   0   0   360   360   0   L(24),D(93),O(3)   0
51   URS Corporate Center   Actual/360   120   119   120   119   0   0   1   L(25),D(92),O(3)   0
52   3325 Hollywood Boulevard   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)   0
53   Walgreens- Reynoldsburg       120   120   0   0   360   360   0   L(24),D(93),O(3)   0
54   Security Public Storage - Manteca       120   120   0   0   360   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5
55   Storage Depot Fossil Creek   Actual/360   120   119   24   23   360   360   1   L(25),D(91),O(4)   0
56   ClimaStor 7       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
57   Oak Valley Apartments   Actual/360   120   120   36   36   360   360   0   L(24),D(92),O(4)   0
58   Harp’s Foods- Grove   Actual/360   120   119   120   119   0   0   1   YM(25),YM or D(88),O(7)   0
59   Walgreens-Dyersburg       120   120   0   0   360   360   0   L(24),D(93),O(3)   0
60   University Center South       120   102   0   0   360   342   18   L(42),D(74),O(4)   5
61   Baymont Inn & Suites Las Vegas       60   59   0   0   360   359   1   L(25),D(31),O(4)   5
62   Storage Depot Morning Side       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
63   Security Public Storage - Sacramento III       120   120   0   0   360   360   0   L(24),GRTR 1% or YM or D(89),O(7)   5
64   Alpha Corners       120   119   0   0   360   359   1   L(25),D(91),O(4)   0
65   Storage Depot Culebra   Actual/360   120   119   24   23   360   360   1   L(25),D(91),O(4)   0
66   Eagle Point Estates       120   120   0   0   360   360   0   L(24),D(92),O(4)   0
67   Dollar General - Farmington   Actual/360   120   119   120   119   0   0   1   YM(25),YM or D(88),O(7)   0
68   Dollar General - Rice   Actual/360   120   120   120   120   0   0   0   YM(24),YM or D(89),O(7)   0
69   Dollar General - Bloomington   Actual/360   120   119   120   119   0   0   1   YM(25),YM or D(88),O(7)   0
70   Dollar General - Cape Girardeau   Actual/360   120   120   120   120   0   0   0   YM(24),YM or D(89),O(7)   0
71   Dollar General - Troy   Actual/360   120   119   120   119   0   0   1   YM(25),YM or D(88),O(7)   0

  

A-1-4
 

 

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

 

Mortgage Loan Number   Property Name   Grace Period Late (Days)   Appraised Value ($)(6)   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)
  U/W NCF
DSCR (x)(5)
  Cut-off Date LTV Ratio(5)(6)(7)   LTV Ratio at Maturity or ARD(5)(6)(7)
1   Rolling Brook Village   0   142,000,000   10/8/2015                                   1.52   1.48   62.0%   62.0%
2   Empire Mall   5   350,000,000   10/15/2015                                   1.88   1.80   54.3%   47.3%
3   Pineapple Hotel Portfolio   0   102,500,000   7/29/2015                                   2.13   1.96   60.0%   51.8%
3.01   Hotel Five       39,700,000   7/29/2015                                                
3.02   Watertown Hotel       33,300,000   7/29/2015                                                
3.03   University Inn       29,500,000   7/29/2015                                                
4   Adler Office   0   63,000,000   8/4/2015                                   1.43   1.29   63.3%   58.3%
5   Adler Industrial   0   27,000,000   8/4/2015                                   1.43   1.29   63.3%   58.3%
6   Harbor Pointe Apartments   0   155,000,000   12/15/2015                                   1.50   1.48   71.0%   71.0%
7   Heritage Industrial Portfolio   5   116,500,000   7/1/2015                                   1.49   1.36   69.8%   61.3%
7.01   2294 Molly Pitcher Highway       37,600,000   6/10/2015                                                
7.02   1001 & 1011 Air Park Drive       19,200,000   6/10/2015                                                
7.03   4472 Steelway Boulevard North       9,000,000   6/8/2015                                                
7.04   3530 East Pike Road       8,570,000   6/9/2015                                                
7.05   22 Northeastern Industrial Park       5,800,000   6/5/2015                                                
7.06   8 Northeastern Industrial Park       5,700,000   6/5/2015                                                
7.07   4 & 8 Marway Circle       5,100,000   6/4/2015                                                
7.08   4500 & 4510 Steelway Boulevard South       4,100,000   6/8/2015                                                
7.09   21 Northeastern Industrial Park       3,900,000   6/5/2015                                                
7.10   4474 Steelway Boulevard North       3,900,000   6/8/2015                                                
7.11   16725 Square Drive       3,530,000   6/9/2015                                                
7.12   5 Marway Circle       2,100,000   6/8/2015                                                
8   Anchorage Marriott Downtown   0   108,500,000   9/1/2015                                   1.99   1.76   69.9%   51.7%
9   Harvey Building Products Portfolio   0   205,460,000   Various                                   2.02   1.96   53.4%   49.3%
9.01   Londonderry Manufacturing       40,000,000   9/9/2015                                                
9.02   Waltham Corporate       23,900,000   9/10/2015                                                
9.03   Dartmouth Manufacturing       17,800,000   9/1/2015                                                
9.04   Nashua       9,500,000   9/9/2015                                                
9.05   West Bridgewater       7,900,000   9/10/2015                                                
9.06   Woburn       7,400,000   9/10/2015                                                
9.07   Manchester, NH       7,200,000   9/9/2015                                                
9.08   New London       6,620,000   10/1/2015                                                
9.09   East Haven       6,300,000   10/1/2015                                                
9.10   Salem       5,500,000   9/9/2015                                                
9.11   Bethlehem       5,500,000   10/1/2015                                                
9.12   Lincoln       5,900,000   9/1/2015                                                
9.13   Berlin       5,390,000   10/1/2015                                                
9.14   Woburn CPD       6,400,000   9/10/2015                                                
9.15   Norwalk I       5,310,000   10/1/2015                                                
9.16   Dartmouth       4,900,000   9/1/2015                                                
9.17   Braintree       3,700,000   9/10/2015                                                
9.18   Manchester, CT       3,920,000   10/1/2015                                                
9.19   Portland       3,900,000   9/9/2015                                                
9.20   Norwalk II       4,260,000   10/1/2015                                                
9.21   Warwick       3,500,000   9/1/2015                                                
9.22   Fitchburg       3,000,000   9/9/2015                                                
9.23   Auburn       2,900,000   9/10/2015                                                
9.24   Portsmouth       2,800,000   9/9/2015                                                
9.25   Southampton       2,350,000   10/1/2015                                                
9.26   Hyannis       2,200,000   9/10/2015                                                
9.27   Wilkes-Barre       1,900,000   10/1/2015                                                
9.28   Berlin CPD       1,910,000   10/1/2015                                                
9.29   Springfield       2,100,000   9/8/2015                                                
9.30   White River Junction       1,500,000   9/9/2015                                                
10   JW Marriott Santa Monica Le Merigot   0   104,000,000   9/1/2015                                   2.09   1.77   59.9%   55.3%
11   Keeper’s Self Storage Manhattan   0   53,880,000   10/21/2015                                   1.46   1.45   57.5%   57.5%
12   2052 Century Park East   5   58,600,000   6/23/2015                                   1.79   1.79   51.2%   51.2%
13   Home Depot Jamaica   0   39,000,000   6/16/2015                                   1.65   1.65   64.1%   58.4%
14   Aloft Nashville West End   0   43,800,000   10/9/2015                                   2.32   2.09   56.2%   51.5%
15   Merritt Creek Farm Shopping Center   0   30,900,000   7/29/2015                                   1.48   1.38   71.2%   61.2%
16   Westgate Shopping Center   0   30,200,000   7/1/2016                                   1.44   1.36   72.8%   64.4%
17   Green Caye   0   30,000,000   6/22/2015                                   1.77   1.71   63.3%   51.6%
18   Huntington Park Shopping Center   5   26,700,000   10/6/2015                                   1.38   1.27   69.3%   63.7%
19   Columbine Place   5   26,200,000   8/19/2015                                   2.35   2.06   59.2%   59.2%
20   2200 Harbor Boulevard   5   33,000,000   5/17/2015                                   2.44   2.19   42.4%   38.8%
21   Hayden’s Crossing   0   18,000,000   8/28/2015                                   1.31   1.28   75.3%   64.7%
22   2700 Blankenbaker   5   17,050,000   9/9/2015                                   1.48   1.27   75.0%   67.7%
23   Amsdell Michigan Pool   0   16,700,000   9/24/2015                                   1.42   1.38   74.9%   66.2%
23.01   Amsdell - Shelby, Michigan       6,100,000   9/24/2015                                                
23.02   Amsdell - Fraser, Michigan       5,800,000   9/24/2015                                                
23.03   Amsdell - Flat Rock, Michigan       4,800,000   9/24/2015                                                
24   Marley Manor Apartments   0   16,300,000   6/24/2015                                   1.38   1.35   74.2%   68.0%
25   Savannah Club Apartments   0   22,670,000   9/16/2015                                   2.26   2.18   52.9%   52.9%
26   Hawthorne Business Center   4   22,500,000   6/19/2015                                   2.36   2.20   52.4%   52.4%
27   Valley View Business Center   5   17,200,000   9/21/2015                                   1.76   1.65   65.0%   52.7%
28   Gallery Shopping Center   0   13,450,000   9/25/2015                                   1.54   1.39   75.5%   64.9%
29   Security Public Storage - Salinas   5   16,000,000   9/10/2015                                   1.72   1.69   62.0%   50.1%
30   Dollar Self Storage   0   12,400,000   9/22/2015                                   1.43   1.41   73.8%   60.2%
31   Sunset Plaza   0   12,200,000   4/16/2015                                   1.53   1.43   75.0%   61.7%
32   Tally Ho   0   15,650,000   10/5/2015                                   1.73   1.66   57.4%   46.9%
33   Parkway Commons   5   12,500,000   9/16/2015                                   2.21   2.03   64.4%   64.4%
34   Reasor’s Foods- Bixby   0   11,300,000   9/6/2015                                   1.69   1.67   70.0%   70.0%
35   OSH San Leandro   5   13,040,000   8/14/2015                                   1.82   1.81   58.7%   58.7%
36   ClimaStor 6   5   10,170,000   7/14/2015                                   1.48   1.46   74.9%   60.9%
37   Joiner Parkway Self Storage   5   11,690,000   9/4/2015                                   1.51   1.48   62.9%   59.9%
38   Fairfield Inn & Suites Lumberton   0   10,500,000   10/5/2015                                   1.84   1.66   66.6%   50.0%
39   LA Fitness - Euless   0   10,420,000   9/30/2015                                   1.47   1.37   64.3%   56.7%
40   Golf Plaza   0   9,600,000   9/1/2015                                   1.65   1.48   67.7%   59.6%
41   CSS Lafayette   0   11,190,000   8/26/2015                                   1.61   1.59   56.3%   50.6%
42   LA Fitness - Grand Prairie   0   10,480,000   9/30/2015                                   1.57   1.47   60.1%   53.0%
43   LA Fitness - Pearland   0   9,680,000   10/1/2015                                   1.49   1.38   63.3%   55.8%
44   Security Public Storage – Pittsburg   5   11,740,000   9/8/2015                                   1.70   1.66   51.5%   41.7%
45   Academy Gateway Retail   5   9,950,000   8/17/2015                                   2.36   2.22   58.5%   58.5%
46   Hawthorn Suites Philadelphia   0   9,300,000   8/28/2015                                   1.90   1.59   59.0%   44.9%
47   Ventura Green Apartments   0   7,740,000   9/21/2015                                   1.48   1.35   70.4%   64.7%
48   Hawthorne Club Apartments   5   10,500,000   9/23/2015                                   2.95   2.70   48.6%   42.2%
49   Dover Downs   0   9,250,000   10/5/2015                                   2.02   1.79   54.0%   44.2%
50   Walgreens- York   0   7,350,000   9/4/2015                                   1.27   1.27   67.6%   55.3%
51   URS Corporate Center   0   7,700,000   9/30/2015                                   2.04   1.78   63.6%   63.6%
52   3325 Hollywood Boulevard   0   9,200,000   5/4/2015                                   3.50   3.28   50.0%   50.0%
53   Walgreens- Reynoldsburg   0   6,650,000   9/11/2015                                   1.33   1.32   67.4%   55.1%
54   Security Public Storage - Manteca   5   6,500,000   9/5/2015                                   1.67   1.63   65.0%   52.6%
55   Storage Depot Fossil Creek   5   6,500,000   9/18/2015                                   1.39   1.35   61.8%   53.1%
56   ClimaStor 7   5   5,090,000   7/14/2015                                   1.38   1.36   74.6%   60.6%
57   Oak Valley Apartments   0   5,000,000   9/28/2015                                   1.61   1.46   75.0%   66.4%
58   Harp’s Foods- Grove   0   5,150,000   9/6/2015                                   1.76   1.73   70.0%   70.0%
59   Walgreens-Dyersburg   0   4,700,000   9/7/2015                                   1.34   1.33   67.0%   54.8%
60   University Center South   0   4,500,000   4/1/2014                                   1.79   1.55   68.5%   57.3%
61   Baymont Inn & Suites Las Vegas   5   5,400,000   9/18/2015                                   2.04   1.69   54.6%   50.7%
62   Storage Depot Morning Side   5   4,090,000   9/21/2015                                   1.48   1.43   65.7%   53.7%
63   Security Public Storage - Sacramento III   5   4,600,000   9/11/2015                                   1.73   1.67   56.5%   45.7%
64   Alpha Corners   0   3,200,000   10/13/2015                                   1.35   1.32   68.7%   56.1%
65   Storage Depot Culebra   5   3,360,000   9/15/2015                                   1.40   1.35   59.8%   51.5%
66   Eagle Point Estates   5   2,875,000   9/21/2015                                   2.18   2.07   47.8%   38.8%
67   Dollar General - Farmington   0   1,370,000   9/2/2015                                   1.85   1.82   65.0%   65.0%
68   Dollar General - Rice   0   1,250,000   10/5/2015                                   1.88   1.85   65.0%   65.0%
69   Dollar General - Bloomington   0   1,250,000   9/2/2015                                   1.86   1.83   65.0%   65.0%
70   Dollar General - Cape Girardeau   0   1,180,000   10/9/2015                                   1.85   1.81   65.0%   65.0%
71   Dollar General - Troy   0   1,130,000   9/10/2015                                   1.86   1.82   65.0%   65.0%

 

A-1-5
 

  

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

 

Mortgage Loan Number   Property Name   Cut-off Date U/W NOI Debt Yield(5)(7)   Cut-off Date U/W NCF Debt Yield(5)(7)   U/W
Revenues ($)(4)(8)(9)
  U/W
Expenses ($)(9)
  U/W Net Operating Income ($)(9)   U/W
Replacement ($)(9)
  U/W
TI/LC ($)(9)
  U/W
Net Cash Flow ($)(9)
  Occupancy Rate(3)   Occupancy as-of Date   U/W Hotel ADR   U/W Hotel RevPAR   Most Recent Period   Most Recent Revenues ($)
1   Rolling Brook Village   8.1%   7.9%   11,497,238   4,381,484   7,115,754   183,000   0   6,932,754   93.2%   11/2/2015           TTM 9/30/2015   11,497,238
2   Empire Mall   11.2%   10.7%   28,697,242   7,478,959   21,218,283   242,735   589,189   20,386,359   97.1%   10/23/2015           TTM 9/30/2015   28,285,741
3   Pineapple Hotel Portfolio   13.6%   12.5%   16,980,118   8,589,520   8,390,598   679,205   0   7,711,393   89.1%   8/31/2015   156   139   TTM 8/31/2015   16,980,118
3.01   Hotel Five           6,136,296   3,065,131   3,071,165   245,452   0   2,825,713   87.1%   8/31/2015   156   136   TTM 8/31/2015   6,136,296
3.02   Watertown Hotel           5,612,319   2,934,956   2,677,363   224,493   0   2,452,870   90.2%   8/31/2015   163   147   TTM 8/31/2015   5,612,319
3.03   University Inn           5,231,503   2,589,433   2,642,070   209,260   0   2,432,810   90.3%   8/31/2015   148   134   TTM 8/31/2015   5,231,503
4   Adler Office   9.0%   8.2%   6,975,353   3,350,978   3,624,375   97,076   253,330   3,273,969   85.6%   11/3/2015           TTM 9/30/2015   5,867,378
5   Adler Industrial   9.0%   8.2%   2,358,739   826,587   1,532,152   49,067   103,776   1,379,309   89.3%   11/3/2015           TTM 9/30/2015   2,349,896
6   Harbor Pointe Apartments   7.2%   7.1%   12,490,995   4,518,686   7,972,309   108,800   0   7,863,509   91.2%   8/10/2015           TTM 8/31/2015   12,492,265
7   Heritage Industrial Portfolio   9.2%   8.4%   10,495,223   3,004,642   7,490,582   257,892   413,995   6,818,695   95.1%   11/1/2015           TTM 9/30/2015   10,137,273
7.01   2294 Molly Pitcher Highway           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.02   1001 & 1011 Air Park Drive           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.03   4472 Steelway Boulevard North           NAV   NAV   NAV   NAV   NAV   NAV   90.7%   11/1/2015           NAV   NAV
7.04   3530 East Pike Road           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.05   22 Northeastern Industrial Park           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.06   8 Northeastern Industrial Park           NAV   NAV   NAV   NAV   NAV   NAV   93.1%   11/1/2015           NAV   NAV
7.07   4 & 8 Marway Circle           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.08   4500 & 4510 Steelway Boulevard South           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.09   21 Northeastern Industrial Park           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.10   4474 Steelway Boulevard North           NAV   NAV   NAV   NAV   NAV   NAV   100.0%   11/1/2015           NAV   NAV
7.11   16725 Square Drive           NAV   NAV   NAV   NAV   NAV   NAV   50.0%   11/1/2015           NAV   NAV
7.12   5 Marway Circle           NAV   NAV   NAV   NAV   NAV   NAV   76.6%   11/1/2015           NAV   NAV
8   Anchorage Marriott Downtown   12.3%   10.9%   21,884,808   12,519,868   9,364,940   1,094,240   0   8,270,700   68.5%   8/31/2015   172   118   TTM 8/31/2015   21,884,808
9   Harvey Building Products Portfolio   12.8%   12.5%   14,531,091   435,933   14,095,158   411,326   0   13,683,832   100.0%   12/1/2015           NAV   NAV
9.01   Londonderry Manufacturing           2,797,302   83,919   2,713,383   56,444   0   2,656,939   100.0%   12/1/2015           NAV   NAV
9.02   Waltham Corporate           1,599,127   47,974   1,551,153   14,688   0   1,536,465   100.0%   12/1/2015           NAV   NAV
9.03   Dartmouth Manufacturing           1,279,735   38,392   1,241,343   58,810   0   1,182,533   100.0%   12/1/2015           NAV   NAV
9.04   Nashua           666,779   20,003   646,775   16,739   0   630,036   100.0%   12/1/2015           NAV   NAV
9.05   West Bridgewater           566,988   17,010   549,978   24,533   0   525,446   100.0%   12/1/2015           NAV   NAV
9.06   Woburn           520,471   15,614   504,857   11,408   0   493,449   100.0%   12/1/2015           NAV   NAV
9.07   Manchester, NH           515,797   15,474   500,323   22,072   0   478,251   100.0%   12/1/2015           NAV   NAV
9.08   New London           463,893   13,917   449,977   10,596   0   439,380   100.0%   12/1/2015           NAV   NAV
9.09   East Haven           441,991   13,260   428,731   10,513   0   418,218   100.0%   12/1/2015           NAV   NAV
9.10   Salem           393,882   11,816   382,065   19,234   0   362,831   100.0%   12/1/2015           NAV   NAV
9.11   Bethlehem           394,584   11,838   382,746   18,484   0   364,262   100.0%   12/1/2015           NAV   NAV
9.12   Lincoln           425,842   12,775   413,067   20,862   0   392,205   100.0%   12/1/2015           NAV   NAV
9.13   Berlin           419,361   12,581   406,780   12,263   0   394,517   100.0%   12/1/2015           NAV   NAV
9.14   Woburn CPD           449,791   13,494   436,298   14,950   0   421,348   100.0%   12/1/2015           NAV   NAV
9.15   Norwalk I           382,543   11,476   371,067   6,035   0   365,032   100.0%   12/1/2015           NAV   NAV
9.16   Dartmouth           343,034   10,291   332,743   9,468   0   323,275   100.0%   12/1/2015           NAV   NAV
9.17   Braintree           261,921   7,858   254,064   8,458   0   245,606   100.0%   12/1/2015           NAV   NAV
9.18   Manchester, CT           289,145   8,674   280,471   11,802   0   268,669   100.0%   12/1/2015           NAV   NAV
9.19   Portland           273,386   8,202   265,184   7,703   0   257,481   100.0%   12/1/2015           NAV   NAV
9.20   Norwalk II           306,484   9,195   297,289   4,500   0   292,789   100.0%   12/1/2015           NAV   NAV
9.21   Warwick           248,847   7,465   241,382   8,780   0   232,602   100.0%   12/1/2015           NAV   NAV
9.22   Fitchburg           210,791   6,324   204,467   5,915   0   198,552   100.0%   12/1/2015           NAV   NAV
9.23   Auburn           204,291   6,129   198,163   5,570   0   192,593   100.0%   12/1/2015           NAV   NAV
9.24   Portsmouth           197,115   5,913   191,201   4,721   0   186,481   100.0%   12/1/2015           NAV   NAV
9.25   Southampton           166,261   4,988   161,274   5,463   0   155,810   100.0%   12/1/2015           NAV   NAV
9.26   Hyannis           152,321   4,570   147,751   3,611   0   144,141   100.0%   12/1/2015           NAV   NAV
9.27   Wilkes-Barre           167,287   5,019   162,268   4,830   0   157,438   100.0%   12/1/2015           NAV   NAV
9.28   Berlin CPD           135,209   4,056   131,153   4,224   0   126,928   100.0%   12/1/2015           NAV   NAV
9.29   Springfield           151,321   4,540   146,782   6,590   0   140,192   100.0%   12/1/2015           NAV   NAV
9.30   White River Junction           105,591   3,168   102,423   2,060   0   100,363   100.0%   12/1/2015           NAV   NAV
10   JW Marriott Santa Monica Le Merigot   13.5%   11.4%   25,647,276   17,260,703   8,386,572   1,282,364   0   7,104,208   97.5%   8/31/2015   317   309   TTM 8/31/2015   25,647,276
11   Keeper’s Self Storage Manhattan   7.3%   7.2%   3,343,768   1,084,330   2,259,438   13,425   0   2,246,013   91.0%   10/21/2015           TTM 10/31/2015   3,343,768
12   2052 Century Park East   8.5%   8.5%   2,735,995   200,803   2,535,192   0   0   2,535,192   100.0%   10/19/2015           TTM 9/30/2015   2,830,896
13   Home Depot Jamaica   9.8%   9.8%   3,026,100   586,998   2,439,102   0   0   2,439,102   100.0%   12/1/2015           Actual 2014   2,650,294
14   Aloft Nashville West End   14.4%   13.0%   8,745,233   5,194,791   3,550,442   349,809   0   3,200,633   83.6%   8/31/2015   177   148   TTM 8/31/2015   8,745,233
15   Merritt Creek Farm Shopping Center   9.2%   8.6%   2,572,107   543,938   2,028,169   60,818   68,733   1,898,618   98.9%   9/8/2015           Annualized 9 9/30/2015   2,561,004
16   Westgate Shopping Center   9.2%   8.7%   2,983,239   959,325   2,023,914   26,164   91,765   1,905,985   100.0%   10/1/2015           TTM 9/30/2015   2,774,634
17   Green Caye   11.1%   10.7%   3,945,060   1,841,971   2,103,089   71,100   0   2,031,989   97.5%   11/1/2015           TTM 9/30/2015   3,952,284
18   Huntington Park Shopping Center   8.7%   8.0%   2,279,784   677,240   1,602,545   18,389   99,375   1,484,780   98.9%   10/1/2015           TTM 9/30/2015   2,226,972
19   Columbine Place   10.3%   9.0%   3,526,919   1,930,860   1,596,058   37,424   162,310   1,396,325   96.0%   9/1/2015           TTM 7/31/2015   3,181,872
20   2200 Harbor Boulevard   14.8%   13.3%   3,190,588   1,120,722   2,069,866   52,592   160,348   1,856,926   100.0%   9/30/2015           TTM 6/30/2015   3,036,066
21   Hayden’s Crossing   8.2%   8.0%   1,717,651   608,436   1,109,215   25,500   0   1,083,715   96.1%   11/2/2015           Annualized 3 9/30/2015   1,362,645
22   2700 Blankenbaker   9.4%   8.1%   2,394,115   1,194,399   1,199,716   21,520   143,647   1,034,549   100.0%   11/12/2015           Annualized 9 9/30/2015   1,795,038
23   Amsdell Michigan Pool   9.1%   8.8%   2,002,893   869,560   1,133,333   28,585   0   1,104,748   89.9%   9/30/2015           TTM 10/31/2015   2,002,893
23.01   Amsdell - Shelby, Michigan           829,294   403,557   425,736   10,560   0   415,176   91.3%   9/30/2015           TTM 10/31/2015   829,294
23.02   Amsdell - Fraser, Michigan           612,063   248,163   363,899   9,875   0   354,025   89.9%   9/30/2015           TTM 10/31/2015   612,063
23.03   Amsdell - Flat Rock, Michigan           561,536   217,839   343,697   8,150   0   335,547   88.1%   9/30/2015           TTM 10/31/2015   561,536
24   Marley Manor Apartments   8.4%   8.3%   1,682,437   661,049   1,021,388   22,440   0   998,948   100.0%   11/16/2015           TTM 9/30/2015   1,684,179
25   Savannah Club Apartments   10.1%   9.7%   2,185,122   972,534   1,212,589   45,000   0   1,167,589   95.6%   10/5/2015           TTM 9/30/2015   2,102,528
26   Hawthorne Business Center   10.9%   10.2%   1,845,284   555,876   1,289,408   31,699   59,436   1,198,273   99.1%   10/27/2015           Annualized 9 9/30/2015   1,786,053
27   Valley View Business Center   10.8%   10.1%   1,535,168   328,966   1,206,202   37,424   39,053   1,129,725   96.1%   10/15/2015           TTM 8/31/2015   1,580,787
28   Gallery Shopping Center   9.7%   8.7%   1,409,323   427,334   981,989   38,586   55,677   887,726   85.1%   10/20/2015           TTM 6/30/2015   1,271,998
29   Security Public Storage - Salinas   10.4%   10.2%   1,564,086   528,999   1,035,087   18,605   0   1,016,481   98.2%   10/13/2015           TTM 9/30/2015   1,564,478
30   Dollar Self Storage   9.0%   8.8%   1,179,441   360,055   819,386   13,307   0   806,078   97.8%   9/15/2015           TTM 8/31/2015   1,089,393
31   Sunset Plaza   9.9%   9.3%   1,212,023   304,327   907,695   16,937   41,703   849,055   98.7%   10/31/2015           TTM 8/31/2015   1,136,306
32   Tally Ho   10.8%   10.4%   1,129,076   154,264   974,812   6,576   32,560   935,676   100.0%   10/1/2015           TTM 8/31/2015   1,151,351
33   Parkway Commons   10.1%   9.3%   1,068,679   258,141   810,538   13,290   52,044   745,204   88.2%   10/1/2015           TTM 9/30/2015   1,112,815
34   Reasor’s Foods- Bixby   9.1%   8.9%   740,900   22,227   718,673   11,395   0   707,278   100.0%   12/1/2015           NAV   NAV
35   OSH San Leandro   8.5%   8.5%   664,174   12,000   652,174   4,347   0   647,827   100.0%   12/1/2015           TTM 9/30/2015   658,184
36   ClimaStor 6   9.1%   9.0%   945,411   251,970   693,441   8,585   0   684,856   91.2%   9/30/2015           TTM 9/30/2015   946,833
37   Joiner Parkway Self Storage   9.3%   9.1%   1,009,280   328,613   680,667   13,168   0   667,499   97.2%   10/26/2015           TTM 8/31/2015   1,010,398
38   Fairfield Inn & Suites Lumberton   13.0%   11.8%   2,177,951   1,269,247   908,704   87,118   0   821,586   74.9%   8/31/2015   81   57   TTM 8/31/2015   2,156,083
39   LA Fitness - Euless   9.3%   8.7%   643,710   22,530   621,180   17,550   22,667   580,963   100.0%   12/1/2015           TTM 8/31/2015   746,606
40   Golf Plaza   10.3%   9.2%   1,326,658   657,868   668,790   20,687   47,847   600,256   100.0%   9/8/2015           TTM 7/31/2015   1,333,573
41   CSS Lafayette   10.0%   9.8%   1,193,274   566,183   627,091   7,530   0   619,560   100.0%   9/30/2015           TTM 9/30/2015   1,215,806
42   LA Fitness - Grand Prairie   9.9%   9.3%   647,064   22,647   624,417   17,550   22,372   584,495   100.0%   12/1/2015           TTM 8/31/2015   756,804
43   LA Fitness - Pearland   9.4%   8.7%   597,885   20,926   576,959   19,350   22,017   535,592   100.0%   12/1/2015           TTM 8/31/2015   693,449
44   Security Public Storage – Pittsburg   10.4%   10.1%   1,043,970   416,655   627,314   14,921   0   612,393   94.0%   10/13/2015           TTM 9/30/2015   1,044,400
45   Academy Gateway Retail   10.9%   10.2%   846,352   212,496   633,856   11,181   27,664   595,011   100.0%   9/30/2015           TTM 9/30/2015   903,060
46   Hawthorn Suites Philadelphia   14.0%   11.6%   3,177,357   2,410,578   766,778   127,094   0   639,684   76.6%   8/31/2015   112   84   TTM 8/31/2015   3,245,461
47   Ventura Green Apartments   9.3%   8.4%   990,282   485,375   504,908   45,188   0   459,720   93.7%   10/29/2015           TTM 9/30/2015   971,923
48   Hawthorne Club Apartments   17.4%   15.9%   1,907,698   1,022,161   885,537   75,900   0   809,637   95.7%   9/22/2015           TTM 9/30/2015   1,918,538
49   Dover Downs   12.8%   11.3%   981,183   342,459   638,724   19,147   53,238   566,340   100.0%   6/1/2015           TTM 6/30/2015   1,043,144
50   Walgreens- York   8.1%   8.0%   413,397   12,402   400,995   2,183   0   398,813   100.0%   12/1/2015           NAV   NAV
51   URS Corporate Center   9.7%   8.5%   967,747   491,652   476,095   8,491   52,801   414,803   100.0%   9/29/2015           TTM 8/31/2015   928,101
52   3325 Hollywood Boulevard   15.2%   14.3%   1,115,908   414,590   701,319   7,374   36,891   657,054   92.3%   5/1/2015           TTM 4/30/2015   1,111,539
53   Walgreens- Reynoldsburg   8.4%   8.4%   389,038   11,671   377,367   2,223   0   375,144   100.0%   12/1/2015           NAV   NAV
54   Security Public Storage - Manteca   10.2%   9.9%   714,357   284,061   430,296   11,246   0   419,050   97.5%   10/13/2015           TTM 9/30/2015   716,493
55   Storage Depot Fossil Creek   8.7%   8.5%   546,578   196,333   350,245   10,834   0   339,411   82.4%   8/31/2015           TTM 9/30/2015   546,578
56   ClimaStor 7   8.5%   8.4%   504,062   182,350   321,713   4,333   0   317,380   94.4%   9/30/2015           TTM 9/30/2015   506,596
57   Oak Valley Apartments   10.4%   9.4%   786,491   397,324   389,167   36,240   0   352,927   95.0%   9/18/2015           TTM 7/31/2015   786,491
58   Harp’s Foods- Grove   9.4%   9.3%   350,701   10,521   340,180   4,727   0   335,453   100.0%   12/1/2015           NAV   NAV
59   Walgreens-Dyersburg   8.5%   8.4%   275,696   8,271   267,425   2,223   0   265,202   100.0%   12/1/2015           NAV   NAV
60   University Center South   11.6%   10.1%   509,087   151,522   357,565   17,413   30,507   309,644   92.4%   8/15/2015           TTM 8/31/2015   331,896
61   Baymont Inn & Suites Las Vegas   13.9%   11.5%   1,751,446   1,342,106   409,341   70,058   0   339,283   61.1%   09/18/2015   68   42   TTM 7/31/2015   1,751,378
62   Storage Depot Morning Side   9.3%   9.0%   371,962   121,801   250,161   8,629   0   241,532   85.7%   8/31/2015           TTM 9/30/2015   371,962
63   Security Public Storage - Sacramento III   10.5%   10.2%   544,424   270,414   274,010   9,653   0   264,357   86.2%   10/13/2015           TTM 9/30/2015   549,920
64   Alpha Corners   8.5%   8.3%   192,381   5,771   186,609   843   4,204   181,562   100.0%   11/3/2015           NAV   NAV
65   Storage Depot Culebra   8.8%   8.5%   346,865   169,837   177,028   6,139   0   170,890   92.2%   8/31/2015           TTM 9/30/2015   346,865
66   Eagle Point Estates   13.4%   12.8%   329,688   144,887   184,801   9,248   0   175,553   96.9%   8/31/2015           TTM 8/31/2015   300,536
67   Dollar General - Farmington   9.7%   9.6%   89,185   2,676   86,509   1,365   0   85,144   100.0%   12/1/2015           NAV   NAV
68   Dollar General - Rice   9.8%   9.7%   82,262   2,468   79,794   1,350   0   78,444   100.0%   12/1/2015           NAV   NAV
69   Dollar General - Bloomington   9.8%   9.6%   81,740   2,452   79,288   1,354   0   77,934   100.0%   12/1/2015           NAV   NAV
70   Dollar General - Cape Girardeau   9.8%   9.6%   77,153   2,315   74,839   1,354   0   73,485   100.0%   12/1/2015           NAV   NAV
71   Dollar General - Troy   9.7%   9.5%   73,559   2,207   71,352   1,350   0   70,002   100.0%   12/1/2015           NAV   NAV

  

A-1-6
 

 

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

 

Mortgage Loan Number   Property Name   Most Recent Expenses ($)   Most
Recent
NOI ($)
  Most Recent Capital Expenditures   Most Recent NCF ($)   Most Recent Hotel ADR   Most Recent Hotel RevPAR   Second Most Recent Period   Second Most Recent Revenues ($)   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
1   Rolling Brook Village   4,306,982   7,190,256   0   7,190,256           Actual 2014   11,342,600   4,365,836   6,976,764   0   6,976,764        
2   Empire Mall   6,780,031   21,505,710   0   21,505,710           Actual 2014   27,653,198   6,975,427   20,677,771   0   20,677,771        
3   Pineapple Hotel Portfolio   8,468,501   8,511,617   679,205   7,832,412   156   139   Actual 2014   15,525,946   7,766,583   7,759,363   621,037   7,138,326   145   127
3.01   Hotel Five   2,940,483   3,195,813   245,452   2,950,361   156   136   Actual 2014   5,613,953   2,714,548   2,899,405   224,558   2,674,847   142   124
3.02   Watertown Hotel   2,932,528   2,679,791   224,493   2,455,298   163   147   Actual 2014   5,062,737   2,712,835   2,349,902   202,509   2,147,393   151   133
3.03   University Inn   2,595,490   2,636,013   209,260   2,426,753   148   134   Actual 2014   4,849,256   2,339,200   2,510,056   193,970   2,316,086   141   124
4   Adler Office   3,368,935   2,498,443   0   2,498,443           Actual 2014   6,258,148   3,313,718   2,944,430   0   2,944,430        
5   Adler Industrial   825,144   1,524,752   0   1,524,752           Actual 2014   2,291,199   836,965   1,454,234   0   1,454,234        
6   Harbor Pointe Apartments   4,964,156   7,528,110   0   7,528,110           Actual 2014   12,339,437   5,691,150   6,648,287   0   6,648,287        
7   Heritage Industrial Portfolio   2,997,213   7,140,060   0   7,140,060           Actual 2014   10,416,992   2,997,444   7,419,548   0   7,419,548        
7.01   2294 Molly Pitcher Highway   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.02   1001 & 1011 Air Park Drive   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.03   4472 Steelway Boulevard North   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.04   3530 East Pike Road   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.05   22 Northeastern Industrial Park   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.06   8 Northeastern Industrial Park   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.07   4 & 8 Marway Circle   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.08   4500 & 4510 Steelway Boulevard South   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.09   21 Northeastern Industrial Park   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.10   4474 Steelway Boulevard North   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.11   16725 Square Drive   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
7.12   5 Marway Circle   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
8   Anchorage Marriott Downtown   11,324,503   10,560,305   874,247   9,686,058   172   118   Actual 2014   20,819,085   11,029,555   9,789,531   0   9,789,531   164   112
9   Harvey Building Products Portfolio   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.01   Londonderry Manufacturing   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.02   Waltham Corporate   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.03   Dartmouth Manufacturing   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.04   Nashua   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.05   West Bridgewater   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.06   Woburn   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.07   Manchester, NH   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.08   New London   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.09   East Haven   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.10   Salem   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.11   Bethlehem   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.12   Lincoln   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.13   Berlin   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.14   Woburn CPD   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.15   Norwalk I   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.16   Dartmouth   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.17   Braintree   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.18   Manchester, CT   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.19   Portland   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.20   Norwalk II   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.21   Warwick   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.22   Fitchburg   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.23   Auburn   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.24   Portsmouth   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.25   Southampton   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.26   Hyannis   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.27   Wilkes-Barre   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.28   Berlin CPD   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.29   Springfield   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
9.30   White River Junction   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
10   JW Marriott Santa Monica Le Merigot   15,910,243   9,737,032   1,282,364   8,454,668   317   309   Actual 2014   25,589,767   16,061,572   9,528,195   1,279,488   8,248,707   307   305
11   Keeper’s Self Storage Manhattan   1,076,315   2,267,453   0   2,267,453           Actual 2014   3,247,745   1,079,735   2,168,010   0   2,168,010        
12   2052 Century Park East   191,520   2,639,376   0   2,639,376           Actual 2014   2,820,578   179,621   2,640,956   0   2,640,956        
13   Home Depot Jamaica   542,708   2,107,586   0   2,107,586           Actual 2013   2,652,384   540,691   2,111,693   0   2,111,693        
14   Aloft Nashville West End   5,196,953   3,548,280   349,809   3,198,471   177   148   Actual 2014   7,974,002   4,896,954   3,077,048   318,960   2,758,088   161   134
15   Merritt Creek Farm Shopping Center   495,969   2,065,035   0   2,065,035           Actual 2014   2,633,172   534,416   2,098,755   0   2,098,755        
16   Westgate Shopping Center   930,450   1,844,184   0   1,844,184           Actual 2014   2,775,464   963,804   1,811,660   0   1,811,660        
17   Green Caye   1,796,762   2,155,522   0   2,155,522           Actual 2014   3,864,706   1,766,568   2,098,138   0   2,098,138        
18   Huntington Park Shopping Center   610,494   1,616,478   0   1,616,478           Actual 2014   2,303,822   622,136   1,681,686   0   1,681,686        
19   Columbine Place   1,708,104   1,473,767   0   1,473,767           Actual 2014   3,143,789   1,689,740   1,454,048   0   1,454,048        
20   2200 Harbor Boulevard   1,040,113   1,995,953   0   1,995,953           Actual 2014   2,907,559   1,159,859   1,747,700   0   1,747,700        
21   Hayden’s Crossing   357,636   1,005,009   25,500   979,509           TTM 9/30/2015   595,283   357,636   237,647   25,500   212,147        
22   2700 Blankenbaker   766,222   1,028,817   0   1,028,817           Actual 2014   2,711,224   1,142,740   1,568,484   0   1,568,484        
23   Amsdell Michigan Pool   852,665   1,150,228   0   1,150,228           Actual 2014   1,904,716   838,363   1,066,353   0   1,066,353        
23.01   Amsdell - Shelby, Michigan   395,805   433,489   0   433,489           Actual 2014   786,306   382,695   403,611   0   403,611        
23.02   Amsdell - Fraser, Michigan   241,561   370,501   0   370,501           Actual 2014   566,046   235,945   330,101   0   330,101        
23.03   Amsdell - Flat Rock, Michigan   215,299   346,238   0   346,238           Actual 2014   552,363   219,723   332,641   0   332,641        
24   Marley Manor Apartments   661,051   1,023,128   22,440   1,000,688           Actual 2014   1,335,800   551,981   783,819   0   783,819        
25   Savannah Club Apartments   959,579   1,142,949   45,000   1,097,949           Actual 2014   2,086,229   939,482   1,146,747   45,000   1,101,747        
26   Hawthorne Business Center   521,518   1,264,535   0   1,264,535           Actual 2014   1,797,839   541,019   1,256,820   0   1,256,820        
27   Valley View Business Center   349,368   1,231,419   0   1,231,419           Actual 2014   1,439,056   350,498   1,088,558   0   1,088,558        
28   Gallery Shopping Center   443,223   828,775   0   828,775           Actual 2014   912,569   386,861   525,708   0   525,708        
29   Security Public Storage - Salinas   480,419   1,084,059   0   1,084,059           Actual 2014   1,399,498   498,791   900,707   0   900,707        
30   Dollar Self Storage   347,158   742,235   0   742,235           Actual 2014   1,020,778   332,087   688,691   0   688,691        
31   Sunset Plaza   291,200   845,106   0   845,106           Actual 2014   1,219,853   280,971   938,882   0   938,882        
32   Tally Ho   161,183   990,168   0   990,168           Actual 2014   1,131,333   155,609   975,724   0   975,724        
33   Parkway Commons   258,458   854,357   0   854,357           Actual 2014   1,020,714   258,153   762,561   0   762,561        
34   Reasor’s Foods- Bixby   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
35   OSH San Leandro   14,154   644,031   0   644,031           NAV   NAV   NAV   NAV   NAV   NAV        
36   ClimaStor 6   255,013   691,820   0   691,820           Actual 2014   935,792   248,943   686,849   0   686,849        
37   Joiner Parkway Self Storage   333,663   676,735   0   676,735           Actual 2014   973,465   321,538   651,927   0   651,927        
38   Fairfield Inn & Suites Lumberton   1,250,668   905,415   0   905,415   76   57   Actual 2014   2,210,987   1,265,874   945,113   0   945,113   75   58
39   LA Fitness - Euless   3,600   743,006   0   743,006           Actual 2014   752,877   3,600   749,277   0   749,277        
40   Golf Plaza   582,454   751,119   0   751,119           Annualized 10 12/31/2014   1,257,042   578,837   678,205   0   678,205        
41   CSS Lafayette   561,261   654,545   0   654,545           Actual 2014   1,201,546   539,550   661,996   0   661,996        
42   LA Fitness - Grand Prairie   6,100   750,704   0   750,704           Actual 2014   756,800   3,600   753,200   0   753,200        
43   LA Fitness - Pearland   4,008   689,441   0   689,441           Actual 2014   699,281   3,875   695,406   0   695,406        
44   Security Public Storage – Pittsburg   394,355   650,045   0   650,045           Actual 2014   889,516   377,349   512,167   0   512,167        
45   Academy Gateway Retail   221,074   681,986   0   681,986           Actual 2014   799,681   193,469   606,212   0   606,212        
46   Hawthorn Suites Philadelphia   2,474,151   771,310   129,022   642,288   112   86   Actual 2014   3,020,842   2,410,967   609,875   120,834   489,041   109   80
47   Ventura Green Apartments   488,074   483,849   0   483,849           Actual 2014   884,268   463,113   421,155   0   421,155        
48   Hawthorne Club Apartments   1,035,631   882,907   0   882,907           Actual 2014   1,861,407   970,589   890,818   0   890,818        
49   Dover Downs   298,133   745,010   0   745,010           Actual 2014   979,293   323,685   655,608   0   655,608        
50   Walgreens- York   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
51   URS Corporate Center   510,121   417,980   0   417,980           Actual 2014   848,765   483,893   364,872   0   364,872        
52   3325 Hollywood Boulevard   352,866   758,673   0   758,673           Actual 2014   1,101,534   368,867   732,667   0   732,667        
53   Walgreens- Reynoldsburg   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
54   Security Public Storage - Manteca   274,384   442,109   0   442,109           Actual 2014   682,758   262,842   419,917   0   419,917        
55   Storage Depot Fossil Creek   177,121   369,457   0   369,457           Actual 2014   501,599   176,094   325,505   0   325,505        
56   ClimaStor 7   177,292   329,304   0   329,304           Actual 2014   474,266   174,703   299,563   0   299,563        
57   Oak Valley Apartments   299,889   486,602   0   486,602           Actual 2014   760,058   270,217   489,841   0   489,841        
58   Harp’s Foods- Grove   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
59   Walgreens-Dyersburg   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
60   University Center South   118,698   213,197   0   213,197           Actual 2014   362,239   113,366   248,873   0   248,873        
61   Baymont Inn & Suites Las Vegas   1,333,429   417,949   0   417,949   68   42   Actual 2014   1,631,503   1,248,527   382,976   0   382,976   65   39
62   Storage Depot Morning Side   121,189   250,773   0   250,773           Actual 2014   376,114   122,208   253,906   0   253,906        
63   Security Public Storage - Sacramento III   273,763   276,157   0   276,157           Actual 2014   474,266   241,410   232,856   0   232,856        
64   Alpha Corners   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
65   Storage Depot Culebra   126,308   220,557   0   220,557           Actual 2014   322,509   123,817   198,692   0   198,692        
66   Eagle Point Estates   134,841   165,694   0   165,694           Actual 2014   313,685   134,940   178,745   0   178,745        
67   Dollar General - Farmington   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
68   Dollar General - Rice   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
69   Dollar General - Bloomington   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
70   Dollar General - Cape Girardeau   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        
71   Dollar General - Troy   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV        

 

A-1-7
 

 

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

 

Mortgage Loan Number   Property Name   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   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
1   Rolling Brook Village   Actual 2013   10,950,868   4,141,279   6,809,589   0   6,809,589           N                
2   Empire Mall   Actual 2013   25,929,235   6,838,742   19,090,493   0   19,090,493           N   J.C. Penney   134,209   11.9%   4/30/2021
3   Pineapple Hotel Portfolio   Actual 2013   13,067,766   7,429,957   5,637,809   522,710   5,115,099   133   108   N                
3.01   Hotel Five   Actual 2013   4,595,530   2,531,550   2,063,980   183,821   1,880,159   129   103   N                
3.02   Watertown Hotel   Actual 2013   4,465,132   2,574,490   1,890,642   178,605   1,712,037   139   117   N                
3.03   University Inn   Actual 2013   4,007,104   2,323,917   1,683,187   160,284   1,522,903   130   106   N                
4   Adler Office   Actual 2013   6,842,318   3,181,713   3,660,605   0   3,660,605           N   Florida Department of Revenue   37,750   9.7%   3/31/2023
5   Adler Industrial   Actual 2013   2,239,034   829,096   1,409,938   0   1,409,938           N   J&K Mechanical LLC               11,900   6.1%   10/31/2019
6   Harbor Pointe Apartments   Actual 2013   12,710,589   5,254,098   7,456,491   0   7,456,491           N                
7   Heritage Industrial Portfolio   Actual 2013   10,082,159   2,877,539   7,204,620   0   7,204,620           N   Various   Various   Various   Various
7.01   2294 Molly Pitcher Highway   NAV   NAV   NAV   NAV   NAV   NAV           N   Staples Contract & Commercial, Inc.   621,400   100.0%   3/31/2018
7.02   1001 & 1011 Air Park Drive   NAV   NAV   NAV   NAV   NAV   NAV           N   Iron Mountain Information Management, Inc.   109,237   38.2%   1/31/2021
7.03   4472 Steelway Boulevard North   NAV   NAV   NAV   NAV   NAV   NAV           N   Victory Packaging, L.P.   195,949   51.8%   9/30/2017
7.04   3530 East Pike Road   NAV   NAV   NAV   NAV   NAV   NAV           N   Owens-Brockway Glass Container Inc.   300,000   100.0%   4/30/2017
7.05   22 Northeastern Industrial Park   NAV   NAV   NAV   NAV   NAV   NAV           N   McLane Foodservice, Inc.   104,000   100.0%   8/31/2018
7.06   8 Northeastern Industrial Park   NAV   NAV   NAV   NAV   NAV   NAV           N   Warehouse Services, Inc.   113,000   56.8%   11/30/2015
7.07   4 & 8 Marway Circle   NAV   NAV   NAV   NAV   NAV   NAV           N   Inland Transport Services   61,816   49.6%   8/31/2017
7.08   4500 & 4510 Steelway Boulevard South   NAV   NAV   NAV   NAV   NAV   NAV           N   Packaging Corporation of America   82,356   67.0%   6/30/2018
7.09   21 Northeastern Industrial Park   NAV   NAV   NAV   NAV   NAV   NAV           N   Stone Management, Inc.   72,065   72.0%   12/31/2015
7.10   4474 Steelway Boulevard North   NAV   NAV   NAV   NAV   NAV   NAV           N   Rotondo Warehouse   112,000   70.0%   6/30/2021
7.11   16725 Square Drive   NAV   NAV   NAV   NAV   NAV   NAV           N   Midwest Express Inc.   65,368   50.0%   10/31/2017
7.12   5 Marway Circle   NAV   NAV   NAV   NAV   NAV   NAV           N   Dynamic Elite Athletics, LLC   13,750   26.8%   4/30/2018
8   Anchorage Marriott Downtown   Actual 2013   20,142,514   10,630,839   9,511,675   0   9,511,675   156   104   N                
9   Harvey Building Products Portfolio   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   2,046,119   100.0%   10/31/2035
9.01   Londonderry Manufacturing   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   376,294   100.0%   10/31/2035
9.02   Waltham Corporate   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   54,400   100.0%   10/31/2035
9.03   Dartmouth Manufacturing   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   235,239   100.0%   10/31/2035
9.04   Nashua   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   111,594   100.0%   10/31/2035
9.05   West Bridgewater   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   81,776   100.0%   10/31/2035
9.06   Woburn   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   76,054   100.0%   10/31/2035
9.07   Manchester, NH   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   81,747   100.0%   10/31/2035
9.08   New London   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   70,642   100.0%   10/31/2035
9.09   East Haven   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   70,089   100.0%   10/31/2035
9.10   Salem   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   58,286   100.0%   10/31/2035
9.11   Bethlehem   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   71,091   100.0%   10/31/2035
9.12   Lincoln   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   80,240   100.0%   10/31/2035
9.13   Berlin   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   43,796   100.0%   10/31/2035
9.14   Woburn CPD   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   59,800   100.0%   10/31/2035
9.15   Norwalk I   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   40,232   100.0%   10/31/2035
9.16   Dartmouth   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   63,117   100.0%   10/31/2035
9.17   Braintree   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   32,531   100.0%   10/31/2035
9.18   Manchester, CT   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   49,175   100.0%   10/31/2035
9.19   Portland   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   48,145   100.0%   10/31/2035
9.20   Norwalk II   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   30,000   100.0%   10/31/2035
9.21   Warwick   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   43,899   100.0%   10/31/2035
9.22   Fitchburg   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   39,433   100.0%   10/31/2035
9.23   Auburn   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   37,132   100.0%   10/31/2035
9.24   Portsmouth   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   31,470   100.0%   10/31/2035
9.25   Southampton   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   36,421   100.0%   10/31/2035
9.26   Hyannis   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   24,070   100.0%   10/31/2035
9.27   Wilkes-Barre   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   32,200   100.0%   10/31/2035
9.28   Berlin CPD   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   28,163   100.0%   10/31/2035
9.29   Springfield   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   25,347   100.0%   10/31/2035
9.30   White River Junction   NAV   NAV   NAV   NAV   NAV   NAV           N   Harvey Industries, Inc.   13,736   100.0%   10/31/2035
10   JW Marriott Santa Monica Le Merigot   Actual 2013   23,679,978   15,344,481   8,335,496   1,183,999   7,151,498   286   278   N                
11   Keeper’s Self Storage Manhattan   Actual 2013   3,147,523   1,037,823   2,109,700   0   2,109,700           N                
12   2052 Century Park East   Actual 2013   2,102,802   180,654   1,922,148   0   1,922,148           N   Trigen-LA Energy Corporation   59,000   93.7%   10/31/2041
13   Home Depot Jamaica   Actual 2012   2,655,205   540,276   2,114,929   0   2,114,929           N   Home Depot U.S.A., Inc.               105,196   100.0%   6/28/2025
14   Aloft Nashville West End   Actual 2013   6,041,103   3,962,799   2,078,304   241,644   1,836,660   141   101   N                
15   Merritt Creek Farm Shopping Center   Actual 2013   2,403,041   505,581   1,897,459   0   1,897,459           N   Home Depot U.S.A., Inc. (Ground Lease)   121,039   45.7%   1/31/2024
16   Westgate Shopping Center   Actual 2013   2,631,735   908,858   1,722,876   0   1,722,876           N   Rite Aid   34,803   20.0%   12/31/2018
17   Green Caye   Actual 2013   3,696,730   1,799,441   1,897,289   0   1,897,289           N                
18   Huntington Park Shopping Center   Actual 2013   2,264,969   680,260   1,584,709   0   1,584,709           N   Vons   49,860   54.2%   12/31/2019
19   Columbine Place   Actual 2013   2,776,514   1,661,913   1,114,602   0   1,114,602           N   Beatty & Wozniak   24,147   16.1%   9/30/2021
20   2200 Harbor Boulevard   Actual 2013   2,735,825   1,060,499   1,675,326   0   1,675,326           N   K-Mart Corporation   94,058   49.9%   3/31/2019
21   Hayden’s Crossing   NAV   NAV   NAV   NAV   NAV   NAV           N                
22   2700 Blankenbaker   Actual 2013   2,640,101   1,074,099   1,566,002   0   1,566,002           N   Honeywell   54,500   50.7%   5/31/2022
23   Amsdell Michigan Pool   Actual 2013   1,730,491   839,134   891,357   0   891,357           N                
23.01   Amsdell - Shelby, Michigan   Actual 2013   710,950   398,644   312,306   0   312,306           N                
23.02   Amsdell - Fraser, Michigan   Actual 2013   515,853   231,683   284,170   0   284,170           N                
23.03   Amsdell - Flat Rock, Michigan   Actual 2013   503,688   208,807   294,881   0   294,881           N                
24   Marley Manor Apartments   Actual 2013   1,151,997   434,151   717,846   0   717,846           N                
25   Savannah Club Apartments   Actual 2013   1,920,719   909,354   1,011,365   45,000   966,365           N                
26   Hawthorne Business Center   Actual 2013   1,668,848   490,101   1,178,747   0   1,178,747           N   Space Exploration Technologies Corp.   107,347   54.2%   9/30/2017
27   Valley View Business Center   Actual 2013   1,364,750   314,460   1,050,290   0   1,050,290           N   Purafilter 2000   8,812   7.3%   8/31/2018
28   Gallery Shopping Center   Actual 2013   1,030,346   340,018   690,328   0   690,328           N   Gabes   45,647   31.9%   10/31/2024
29   Security Public Storage - Salinas   Actual 2013   1,269,228   454,972   814,256   0   814,256           N                
30   Dollar Self Storage   Actual 2013   975,618   316,309   659,310   0   659,310           N                
31   Sunset Plaza   Actual 2013   1,160,777   286,023   874,754   0   874,754           N   Ross   30,185   33.9%   1/31/2021
32   Tally Ho   Actual 2013   1,116,739   136,678   980,061   0   980,061           N   Tally Ho Liquors   5,100   20.3%   1/31/2018
33   Parkway Commons   Actual 2013   840,132   255,562   584,571   0   584,571           N   Panera Bread   4,500   10.5%   12/31/2020
34   Reasor’s Foods- Bixby   NAV   NAV   NAV   NAV   NAV   NAV           N   Reasor’s   75,996   100.0%   12/31/2032
35   OSH San Leandro   NAV   NAV   NAV   NAV   NAV   NAV           N   Orchard Supply Hardware   43,474   100.0%   4/30/2032
36   ClimaStor 6   Actual 2013   907,662   259,724   647,938   0   647,938           N                
37   Joiner Parkway Self Storage   Actual 2013   927,414   325,534   601,880   0   601,880           N                
38   Fairfield Inn & Suites Lumberton   Actual 2013   1,966,392   1,281,277   685,115   0   685,115   74   52   N                
39   LA Fitness - Euless   Actual 2013   752,877   3,600   749,277   0   749,277           N   LA Fitness   45,000   100.0%   7/31/2035
40   Golf Plaza   Actual 2013   1,352,089   629,430   722,658   0   722,658           N   Wally’s Market   30,000   36.3%   9/30/2019
41   CSS Lafayette   Actual 2013   1,152,037   506,574   645,463   0   645,463           N                
42   LA Fitness - Grand Prairie   Actual 2013   756,800   3,600   753,200   0   753,200           N   LA Fitness   45,000   100.0%   8/31/2030
43   LA Fitness - Pearland   Actual 2013   699,281   3,925   695,356   0   695,356           N   LA Fitness   45,000   100.0%   7/31/2035
44   Security Public Storage – Pittsburg   Actual 2013   791,634   351,961   439,673   0   439,673           N                
45   Academy Gateway Retail   NAV   NAV   NAV   NAV   NAV   NAV           N   Slingshot Studios LLC   5,928   21.2%   12/19/2024
46   Hawthorn Suites Philadelphia   Actual 2013   4,080,540   2,713,551   1,366,989   163,222   1,203,767   133   108   N                
47   Ventura Green Apartments   Actual 2013   747,211   504,581   242,630   0   242,630           N                
48   Hawthorne Club Apartments   Actual 2013   1,703,970   1,003,167   700,803   0   700,803           N                
49   Dover Downs   Actual 2013   838,270   279,688   558,582   0   558,582           N   Best Buy Stores, L.P.   34,951   36.5%   1/31/2019
50   Walgreens- York   NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   14,550   100.0%   5/16/2031
51   URS Corporate Center   Actual 2013   877,508   458,778   418,730   0   418,730           N   URS Corporation   16,136   38.0%   2/28/2019
52   3325 Hollywood Boulevard   Actual 2013   1,063,221   411,032   652,189   0   652,189           N   Wells Fargo Bank   6,270   17.0%   2/13/2021
53   Walgreens- Reynoldsburg   NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   14,820   100.0%   1/1/2030
54   Security Public Storage - Manteca   Actual 2013   666,337   251,689   414,648   0   414,648           N                
55   Storage Depot Fossil Creek   Actual 2013   477,195   177,019   300,176   0   300,176           N                
56   ClimaStor 7   Actual 2013   467,152   166,271   300,881   0   300,881           N                
57   Oak Valley Apartments   Actual 2013   730,555   359,505   371,050   0   371,050           N                
58   Harp’s Foods- Grove   NAV   NAV   NAV   NAV   NAV   NAV           N   Harp’s Food Stores, Inc.   31,500   100.0%   8/31/2032
59   Walgreens-Dyersburg   NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   14,820   100.0%   10/31/2030
60   University Center South   Actual 2013   419,970   128,754   291,216   0   291,216           N   Hala Café and Bakery, Inc.   4,900   11.3%   12/31/2020
61   Baymont Inn & Suites Las Vegas   Actual 2013   1,360,707   1,208,302   152,405   0   152,405   61   33   N                
62   Storage Depot Morning Side   Actual 2013   371,224   112,055   259,169   0   259,169           N                
63   Security Public Storage - Sacramento III   Actual 2013   432,199   220,775   211,424   0   211,424           N                
64   Alpha Corners   NAV   NAV   NAV   NAV   NAV   NAV           N   Matress Firm, Inc   3,620   64.4%   8/31/2025
65   Storage Depot Culebra   Actual 2013   311,086   113,423   197,663   0   197,663           N                
66   Eagle Point Estates   Actual 2013   316,865   137,011   179,854   0   179,854           N                
67   Dollar General - Farmington   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General Store   9,100   100.0%   8/31/2030
68   Dollar General - Rice   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General Store   9,002   100.0%   9/30/2030
69   Dollar General - Bloomington   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General Store   9,026   100.0%   8/31/2030
70   Dollar General - Cape Girardeau   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General Store   9,026   100.0%   9/30/2030
71   Dollar General - Troy   NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General Store   9,002   100.0%   8/31/2030

  

A-1-8
 

 

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

 

Mortgage Loan Number   Property Name     2nd Largest Tenant Name(10)(11)(14)   2nd Largest Tenant Sq. Ft.   2nd Largest
Tenant
% of NRA
  2nd Largest Tenant Exp. Date   3rd Largest Tenant Name(10)   3rd Largest Tenant Sq. Ft.   3rd Largest
Tenant
% of NRA
  3rd Largest Tenant Exp. Date   4th Largest Tenant Name(10)(11)(12)(14)   4th Largest Tenant Sq. Ft.   4th Largest
Tenant
% of NRA
  4th Largest Tenant Exp. Date
1   Rolling Brook Village                                                  
2   Empire Mall     Younkers   101,151   9.0%   1/31/2026   Macy’s   100,790   9.0%   1/31/2019   Sears   100,709   9.0%   6/30/2018
3   Pineapple Hotel Portfolio                                                  
3.01   Hotel Five                                                  
3.02   Watertown Hotel                                                  
3.03   University Inn                                                  
4   Adler Office     Fight Club America, Inc.         27,580   7.1%   11/30/2024   Miami-Dade County                17,225   4.4%   4/1/2018   P.K. Management Group, Inc.   15,887   4.1%   12/31/2017
5   Adler Industrial     Miami-Dade County                11,900   6.1%   4/30/2019   Miami Behavioral Health Center, Inc.   10,773   5.5%   8/31/2020   Capillus, LLC                    8,418   4.3%   10/31/2020
6   Harbor Pointe Apartments                                                  
7   Heritage Industrial Portfolio     Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various
7.01   2294 Molly Pitcher Highway                                                  
7.02   1001 & 1011 Air Park Drive     CMH Space Flooring Products, Inc.   91,452   32.0%   9/30/2017   Calderon Textiles, LLC   31,463   11.0%   9/30/2018   PODS Enterprises, LLC   30,480   10.6%   12/31/2018
7.03   4472 Steelway Boulevard North     McGrann Paper Corporation   117,329   31.0%   8/31/2019   Rotondo Warehouse, Inc.   30,000   7.9%   9/30/2016                
7.04   3530 East Pike Road                                                  
7.05   22 Northeastern Industrial Park                                                  
7.06   8 Northeastern Industrial Park     3PD, Inc.   50,246   25.2%   4/30/2017   Global Foundaries U.S., Inc   22,000   11.1%   10/4/2016                
7.07   4 & 8 Marway Circle     Tire Centers LLC   31,440   25.2%   2/28/2019   Associated Materials, LLC d/b/a Alside Supply Center   31,440   25.2%   8/31/2021                
7.08   4500 & 4510 Steelway Boulevard South     Iron Mountain Information Management, Inc.   40,644   33.0%   9/30/2022                                
7.09   21 Northeastern Industrial Park     PODS Enterprises, LLC   28,000   28.0%   12/31/2018                                
7.10   4474 Steelway Boulevard North     Scholastic Book Fairs, Inc.   48,000   30.0%   9/30/2017                                
7.11   16725 Square Drive                                                  
7.12   5 Marway Circle     Transtar Industries, Inc.   8,250   16.1%   2/28/2022   Raw Saw Services International   5,500   10.7%   12/31/2015   K-D Supply Corporation d/b/a Fluid Power   3,525   6.9%   6/30/2019
8   Anchorage Marriott Downtown                                                  
9   Harvey Building Products Portfolio                                                  
9.01   Londonderry Manufacturing                                                  
9.02   Waltham Corporate                                                  
9.03   Dartmouth Manufacturing                                                  
9.04   Nashua                                                  
9.05   West Bridgewater                                                  
9.06   Woburn                                                  
9.07   Manchester, NH                                                  
9.08   New London                                                  
9.09   East Haven                                                  
9.10   Salem                                                  
9.11   Bethlehem                                                  
9.12   Lincoln                                                  
9.13   Berlin                                                  
9.14   Woburn CPD                                                  
9.15   Norwalk I                                                  
9.16   Dartmouth                                                  
9.17   Braintree                                                  
9.18   Manchester, CT                                                  
9.19   Portland                                                  
9.20   Norwalk II                                                  
9.21   Warwick                                                  
9.22   Fitchburg                                                  
9.23   Auburn                                                  
9.24   Portsmouth                                                  
9.25   Southampton                                                  
9.26   Hyannis                                                  
9.27   Wilkes-Barre                                                  
9.28   Berlin CPD                                                  
9.29   Springfield                                                  
9.30   White River Junction                                                  
10   JW Marriott Santa Monica Le Merigot                                                  
11   Keeper’s Self Storage Manhattan                                                  
12   2052 Century Park East     Century City Medical Plaza Land Co.   4,000   6.3%   9/30/2039                                
13   Home Depot Jamaica                                                  
14   Aloft Nashville West End                                                  
15   Merritt Creek Farm Shopping Center     Marshalls of MA, Inc.            30,000   11.3%   1/31/2023   A.C. Moore, Incorporated         21,306   8.0%   10/31/2024   Office Depot, Inc. d/b/a Office Depot   18,448   7.0%   2/28/2025
16   Westgate Shopping Center     TJ Maxx   34,746   19.9%   1/31/2017   Ann Arbor Public Library   21,914   12.6%   6/30/2024   Schuler’s Books   9,804   5.6%   6/16/2019
17   Green Caye                                                  
18   Huntington Park Shopping Center     Pep Boys   20,444   22.2%   1/31/2019   Bella Zone   5,420   5.9%   1/31/2025   Launderland   3,180   3.5%   2/28/2016
19   Columbine Place     National Oilwell Varco   23,245   15.5%   12/31/2021   Executive Suites   17,792   11.9%   12/31/2019   Agren-Blando   12,226   8.2%   1/31/2023
20   2200 Harbor Boulevard     Planet Fitness   14,488   7.7%   1/31/2025   Party City   14,000   7.4%   1/31/2024   Aqua Tots   6,939   3.7%   4/30/2025
21   Hayden’s Crossing                                                  
22   2700 Blankenbaker     NPAS/Parallon   53,098   49.3%   6/30/2020                                
23   Amsdell Michigan Pool                                                  
23.01   Amsdell - Shelby, Michigan                                                  
23.02   Amsdell - Fraser, Michigan                                                  
23.03   Amsdell - Flat Rock, Michigan                                                  
24   Marley Manor Apartments                                                  
25   Savannah Club Apartments                                                  
26   Hawthorne Business Center     Emmanuel Community Church, Inc.   5,280   2.7%   3/31/2016   Tone Body Fitness, Inc.          5,230   2.6%   5/31/2018   Hugo Julio Bertolotti d/b/a Indarg Engineering   5,202   2.6%   12/31/2016
27   Valley View Business Center     Sierra Office Solutions   5,133   4.3%   10/31/2018   MG Studio   4,800   4.0%   11/30/2016   Harris Associates   4,560   3.8%   2/29/2020
28   Gallery Shopping Center     Conn’s   35,621   24.9%   8/31/2024   Lifeway   8,909   6.2%   1/31/2017   Platos Closet   4,800   3.4%   1/31/2020
29   Security Public Storage - Salinas                                                  
30   Dollar Self Storage                                                  
31   Sunset Plaza     Bed, Bath & Beyond   20,000   22.4%   1/31/2021   Petco   15,000   16.8%   1/31/2021   Versona by Cato   7,000   7.9%   1/31/2024
32   Tally Ho     Bank of America   4,387   17.5%   4/13/2030   Wawa, Inc.   3,200   12.8%   10/31/2017   Aalif Enterprises, Inc.   2,900   11.6%   1/31/2018
33   Parkway Commons     Case Selects Wine & Liquors   4,405   10.3%   6/30/2020   Camino Real Mexican Restaurant   3,353   7.8%   9/30/2020   Fulin’s Asian Cuisine   3,000   7.0%   4/30/2019
34   Reasor’s Foods- Bixby                                                  
35   OSH San Leandro                                                  
36   ClimaStor 6                                                  
37   Joiner Parkway Self Storage                                                  
38   Fairfield Inn & Suites Lumberton                                                  
39   LA Fitness - Euless                                                  
40   Golf Plaza     Neradt Ace Hardware Corporation   12,400   15.0%   7/31/2017   AutoZone Development Corp.   8,205   9.9%   4/30/2019   White Eagle Liquors   6,550   7.9%   12/31/2018
41   CSS Lafayette                                                  
42   LA Fitness - Grand Prairie                                                  
43   LA Fitness - Pearland                                                  
44   Security Public Storage – Pittsburg                                                  
45   Academy Gateway Retail     Southern Deli Holdings, LLC   4,750   17.0%   8/21/2018   JP Morgan Chase Bank   3,304   11.8%   3/31/2018   Pei Wei Asian Diner, Inc.   3,204   11.5%   4/30/2019
46   Hawthorn Suites Philadelphia                                                  
47   Ventura Green Apartments                                                  
48   Hawthorne Club Apartments                                                  
49   Dover Downs     Michaels Stores, Inc.   23,584   24.6%   2/28/2018   LDB, Inc. t/a Ashley Furniture   21,659   22.6%   11/30/2022   Dover Downs, Inc.   15,539   16.2%   12/27/2015
50   Walgreens- York                                                  
51   URS Corporate Center     Electronic Payments Inc.   10,125   23.8%   2/28/2017   The Helpline LLC   5,219   12.3%   6/30/2017   Profiles Television LLC   4,636   10.9%   1/31/2019
52   3325 Hollywood Boulevard     Select Physical Therapy Holdings Inc   2,651   7.2%   4/30/2018   Foundation for End of Life Care   2,490   6.8%   4/30/2017   Offerdahl’s Eat Fresh   2,000   5.4%   7/10/2018
53   Walgreens- Reynoldsburg                                                  
54   Security Public Storage - Manteca                                                  
55   Storage Depot Fossil Creek                                                  
56   ClimaStor 7                                                  
57   Oak Valley Apartments                                                  
58   Harp’s Foods- Grove                                                  
59   Walgreens-Dyersburg                                                  
60   University Center South     Korean BBQ   3,500   8.0%   4/30/2016   One in Christ Korean Presbyterian Church   3,331   7.7%   3/31/2018   Drops of Life Holistic Center   3,300   7.6%   9/30/2017
61   Baymont Inn & Suites Las Vegas                                                  
62   Storage Depot Morning Side                                                  
63   Security Public Storage - Sacramento III                                                  
64   Alpha Corners     Chipotle Mexican Grill   2,000   35.6%   10/31/2025                                
65   Storage Depot Culebra                                                  
66   Eagle Point Estates                                                  
67   Dollar General - Farmington                                                  
68   Dollar General - Rice                                                  
69   Dollar General - Bloomington                                                  
70   Dollar General - Cape Girardeau                                                  
71   Dollar General - Troy                                                  

  

A-1-9
 

 

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

 

Mortgage Loan Number   Property Name   5th Largest Tenant Name(10)(12)   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   Seismic PML %   Seismic Insurance Required  (Y/N)   Terrorism Insurance (Y/N)   Loan Purpose   Engineering Escrow / Deferred Maintenance ($)
1   Rolling Brook Village                   10/13/2015   10/13/2015               N   Y   Acquisition   37,500
2   Empire Mall   Hy-Vee   89,044   7.9%   12/31/2026   10/19/2015   10/19/2015               N   Y   Refinance   0
3   Pineapple Hotel Portfolio                   Various   Various       Various   Various   N   Y   Refinance   67,625
3.01   Hotel Five                   8/4/2015   8/5/2015       8/4/2015   10.0%   N   Y        
3.02   Watertown Hotel                   8/6/2015   8/5/2015       8/5/2015   7.0%   N   Y        
3.03   University Inn                   8/5/2015   8/6/2015       8/5/2015   11.0%   N   Y        
4   Adler Office   FCNH, Inc.                       14,280   3.7%   10/31/2016   6/17/2015   6/18/2015               N   Y   Refinance   0
5   Adler Industrial   Bella Vista Bakery, Inc.         7,500   3.8%   2/28/2019   6/18/2015   6/18/2015               N   Y   Refinance   0
6   Harbor Pointe Apartments                   8/17/2015   7/3/2015               N   Y   Acquisition   54,835
7   Heritage Industrial Portfolio   Various   Various   Various   Various   6/4/2015   Various               N   Y   Refinance   88,889
7.01   2294 Molly Pitcher Highway                   6/4/2015   6/2/2015               N   Y        
7.02   1001 & 1011 Air Park Drive   Schneider Electric IT, Corporation   23,571   8.2%   9/30/2016   6/4/2015   5/28/2015               N   Y        
7.03   4472 Steelway Boulevard North                   6/4/2015   6/4/2015               N   Y        
7.04   3530 East Pike Road                   6/4/2015   6/3/2015               N   Y        
7.05   22 Northeastern Industrial Park                   6/4/2015   6/2/2015               N   Y        
7.06   8 Northeastern Industrial Park                   6/4/2015   5/28/2015               N   Y        
7.07   4 & 8 Marway Circle                   6/4/2015   6/2/2015; 6/3/2015               N   Y        
7.08   4500 & 4510 Steelway Boulevard South                   6/4/2015   6/4/2015               N   Y        
7.09   21 Northeastern Industrial Park                   6/4/2015   6/2/2015               N   Y        
7.10   4474 Steelway Boulevard North                   6/4/2015   6/2/2015               N   Y        
7.11   16725 Square Drive                   6/4/2015   6/3/2015               N   Y        
7.12   5 Marway Circle   Red Hawk Fire & Security, LLC   2,750   5.4%   8/31/2020   6/4/2015   5/27/2015               N   Y        
8   Anchorage Marriott Downtown                   7/22/2015   7/22/2015       7/22/2015   13.0%   N   Y   Refinance   1,875
9   Harvey Building Products Portfolio                   Various   Various               N   Y   Acquisition   500,000
9.01   Londonderry Manufacturing                   9/18/2015   9/10/2015               N   Y        
9.02   Waltham Corporate                   9/18/2015   9/14/2015               N   Y        
9.03   Dartmouth Manufacturing                   9/18/2015   9/10/2015               N   Y        
9.04   Nashua                   9/18/2015   9/14/2015               N   Y        
9.05   West Bridgewater                   9/18/2015   9/11/2015               N   Y        
9.06   Woburn                   9/18/2015   9/11/2015               N   Y        
9.07   Manchester, NH                   9/18/2015   9/9/2015               N   Y        
9.08   New London                   9/18/2015   9/14/2015               N   Y        
9.09   East Haven                   9/18/2015   9/10/2015               N   Y        
9.10   Salem                   9/18/2015   9/14/2015               N   Y        
9.11   Bethlehem                   9/18/2015   9/14/2015               N   Y        
9.12   Lincoln                   9/18/2015   9/14/2015               N   Y        
9.13   Berlin                   9/18/2015   9/14/2015               N   Y        
9.14   Woburn CPD                   9/17/2015   9/11/2015               N   Y        
9.15   Norwalk I                   9/18/2015   9/14/2015               N   Y        
9.16   Dartmouth                   9/18/2015   9/14/2015               N   Y        
9.17   Braintree                   9/18/2015   9/14/2015               N   Y        
9.18   Manchester, CT                   9/18/2015   9/14/2015               N   Y        
9.19   Portland                   9/18/2015   9/16/2015               N   Y        
9.20   Norwalk II                   9/17/2015   9/14/2015               N   Y        
9.21   Warwick                   9/18/2015   9/11/2015               N   Y        
9.22   Fitchburg                   9/18/2015   9/14/2015               N   Y        
9.23   Auburn                   9/18/2015   9/14/2015               N   Y        
9.24   Portsmouth                   9/18/2015   9/14/2015               N   Y        
9.25   Southampton                   9/18/2015   9/14/2015               N   Y        
9.26   Hyannis                   9/18/2015   9/11/2015               N   Y        
9.27   Wilkes-Barre                   9/17/2015   9/11/2015               N   Y        
9.28   Berlin CPD                   9/17/2015   9/14/2015               N   Y        
9.29   Springfield                   9/18/2015   9/11/2015               N   Y        
9.30   White River Junction                   9/18/2015   9/11/2015               N   Y        
10   JW Marriott Santa Monica Le Merigot                   7/22/2015   7/20/2015       7/22/2015   12.0%   N   Y   Refinance   0
11   Keeper’s Self Storage Manhattan                   10/21/2015   10/21/2015               N   Y   Refinance   181,750
12   2052 Century Park East                   6/29/2015   6/30/2015       6/29/2015   18.0%   N   Y   Refinance   0
13   Home Depot Jamaica                   6/29/2015   6/30/2015               N   Y   Refinance   0
14   Aloft Nashville West End                   11/2/2015   11/3/2015               N   Y   Acquisition   0
15   Merritt Creek Farm Shopping Center   Petco Animal Supplies Stores, Inc. d/b/a Petco Supplies & Fish   12,500   4.7%   1/31/2024   8/4/2015   8/4/2015               N   Y   Refinance   0
16   Westgate Shopping Center   Happy House   8,300   4.8%   10/31/2016   10/30/2015   10/30/2015               N   Y   Refinance   0
17   Green Caye                   7/3/2015   6/29/2015               N   Y   Refinance   0
18   Huntington Park Shopping Center   Super Center   3,000   3.3%   12/31/2019   10/15/2015   10/16/2015       10/16/2015   12.0%   N   Y   Refinance   15,875
19   Columbine Place   Tetra Tech, Inc.   12,203   8.2%   4/30/2019   9/1/2015   9/2/2015               N   Y   Refinance   0
20   2200 Harbor Boulevard   Clean Path Recovery   6,224   3.3%   2/28/2017   5/21/2015   5/21/2015       5/21/2015   11.0%   N   Y   Refinance   0
21   Hayden’s Crossing                   9/30/2015   10/1/2015               N   Y   Refinance   0
22   2700 Blankenbaker                   9/15/2015   9/15/2015               N   Y   Acquisition   0
23   Amsdell Michigan Pool                   10/7/2015   10/7/2015               N   Y   Refinance   0
23.01   Amsdell - Shelby, Michigan                   10/7/2015   10/7/2015               N   Y        
23.02   Amsdell - Fraser, Michigan                   10/7/2015   10/7/2015               N   Y        
23.03   Amsdell - Flat Rock, Michigan                   10/7/2015   10/7/2015               N   Y        
24   Marley Manor Apartments                   7/2/2015   7/14/2015               N   Y   Refinance   0
25   Savannah Club Apartments                   9/17/2015   9/17/2015               N   Y   Refinance   54,128
26   Hawthorne Business Center   LLCoolDre, Inc. dba Blitz        4,606   2.3%   12/31/2015   6/29/2015   6/29/2015       6/29/2015   15.0%   N   Y   Refinance   69,460
27   Valley View Business Center   Michelin North America Research   4,079   3.4%   3/31/2018   9/25/2015   9/28/2015               N   Y   Refinance   0
28   Gallery Shopping Center   Nail Spa   4,400   3.1%   9/16/2025   10/3/2015   10/5/2015               N   Y   Acquisition   386,029
29   Security Public Storage - Salinas                   9/15/2015   9/15/2015       9/15/2015   10.0%   N   Y   Refinance   0
30   Dollar Self Storage                   9/30/2015   9/30/2015               N   Y   Refinance   0
31   Sunset Plaza   Kirkland   6,502   7.3%   1/31/2021   4/30/2015   4/29/2015               N   Y   Refinance   13,906
32   Tally Ho   Lewis Brothers, Inc.   2,650   10.6%   7/31/2020   10/10/2015   10/14/2015               N   Y   Refinance   13,688
33   Parkway Commons   Suntan City   2,800   6.5%   11/30/2018   9/11/2015   9/11/2015               N   Y   Refinance   0
34   Reasor’s Foods- Bixby                   9/17/2015   9/16/2015               N   N   Acquisition   0
35   OSH San Leandro                   9/1/2015   8/20/2015       8/20/2015   14.0%   N   Y   Acquisition   0
36   ClimaStor 6                   7/31/2015   7/31/2015               N   Y   Refinance   0
37   Joiner Parkway Self Storage                   9/15/2015   9/15/2015       9/15/2015   2.0%   N   Y   Refinance   0
38   Fairfield Inn & Suites Lumberton                   10/13/2015   10/9/2015               N   Y   Refinance   0
39   LA Fitness - Euless                   10/3/2015   10/3/2015               N   Y   Refinance   0
40   Golf Plaza   Dollar & More   5,000   6.0%   11/3/2017   9/10/2015   9/14/2015               N   Y   Refinance   285,125
41   CSS Lafayette                   6/3/2015   6/3/2015       6/3/2015   9.0%   N   Y   Refinance   0
42   LA Fitness - Grand Prairie                   10/3/2015   10/3/2015               N   Y   Refinance   0
43   LA Fitness - Pearland                   10/3/2015   10/3/2015               N   Y   Refinance   0
44   Security Public Storage – Pittsburg                   9/8/2015   9/8/2015       9/8/2015   11.0%   N   Y   Refinance   0
45   Academy Gateway Retail   AT&T   3,040   10.9%   7/31/2018   8/21/2015   8/24/2015               N   Y   Refinance   0
46   Hawthorn Suites Philadelphia                   9/10/2015   9/4/2015               N   Y   Refinance   26,910
47   Ventura Green Apartments                   9/29/2015   9/29/2015               N   Y   Refinance   128,687
48   Hawthorne Club Apartments                   10/2/2015   10/2/2015               N   Y   Refinance   0
49   Dover Downs                   10/14/2015   10/14/2015               N   Y   Refinance   19,375
50   Walgreens- York                   9/14/2015   9/15/2015               N   N   Refinance   0
51   URS Corporate Center   New England Flour Corporation   4,040   9.5%   1/31/2020   10/5/2015   10/5/2015               N   Y   Acquisition   74,938
52   3325 Hollywood Boulevard   Elizaveta V Samorukova   1,860   5.0%   2/28/2017   5/20/2015   5/20/2015               N   Y   Refinance   2,200
53   Walgreens- Reynoldsburg                   9/11/2015   9/16/2015               N   N   Refinance   0
54   Security Public Storage - Manteca                   9/16/2015   9/16/2015       9/16/2015   5.0%   N   Y   Refinance   0
55   Storage Depot Fossil Creek                   10/26/2015   10/26/2015               N   Y   Refinance   0
56   ClimaStor 7                   8/3/2015   8/3/2015               N   Y   Refinance   0
57   Oak Valley Apartments                   9/25/2015   9/25/2015               N   Y   Acquisition   0
58   Harp’s Foods- Grove                   9/17/2015   9/16/2015               N   N   Acquisition   0
59   Walgreens-Dyersburg                   9/14/2015   9/15/2015               N   N   Refinance   0
60   University Center South   Los Vallejo, LLC   2,620   6.0%   10/31/2018   10/15/2015   4/15/2014               N   Y   Refinance   23,885
61   Baymont Inn & Suites Las Vegas                   9/23/2015   9/22/2015               N   Y   Refinance   8,594
62   Storage Depot Morning Side                   10/20/2015   10/20/2015               N   Y   Refinance   0
63   Security Public Storage - Sacramento III                   9/15/2015   9/15/2015       9/15/2015   4.0%   N   Y   Refinance   0
64   Alpha Corners                   10/20/2015   10/20/2015               N   Y   Refinance   0
65   Storage Depot Culebra                   10/26/2015   10/26/2015               N   Y   Refinance   0
66   Eagle Point Estates                   9/30/2015   9/30/2015               N   Y   Refinance   0
67   Dollar General - Farmington                   9/17/2015   9/15/2015               N   Y   Acquisition   0
68   Dollar General - Rice                   10/8/2015   10/15/2015               N   Y   Acquisition   0
69   Dollar General - Bloomington                   9/17/2015   9/17/2015               N   Y   Acquisition   0
70   Dollar General - Cape Girardeau                   10/12/2015   10/15/2015               N   Y   Acquisition   0
71   Dollar General - Troy                   9/17/2015   9/16/2015               N   Y   Acquisition   0

 

A-1-10
 

 

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

 

Mortgage Loan Number   Property Name   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 ($)   Monthly Replacement Reserve ($)(15)
1   Rolling Brook Village   217,610   108,805   Cash       42,938   14,313   Cash       0   15,250
2   Empire Mall   0   Springing           0   Springing           0   Springing
3   Pineapple Hotel Portfolio   87,785   43,892   Cash       0   Springing           0   56,600
3.01   Hotel Five                                        
3.02   Watertown Hotel                                        
3.03   University Inn                                        
4   Adler Office   536,561   53,656   Cash       213,437   35,573   Cash       0   8,990
5   Adler Industrial   209,672   20,967   Cash       89,254   14,876   Cash       0   4,089
6   Harbor Pointe Apartments   178,371   89,186   Cash       33,867   16,934   Cash       0   9,067
7   Heritage Industrial Portfolio   694,723   141,872   Cash       64,203   16,051   Cash       0   21,517
7.01   2294 Molly Pitcher Highway                                        
7.02   1001 & 1011 Air Park Drive                                        
7.03   4472 Steelway Boulevard North                                        
7.04   3530 East Pike Road                                        
7.05   22 Northeastern Industrial Park                                        
7.06   8 Northeastern Industrial Park                                        
7.07   4 & 8 Marway Circle                                        
7.08   4500 & 4510 Steelway Boulevard South                                        
7.09   21 Northeastern Industrial Park                                        
7.10   4474 Steelway Boulevard North                                        
7.11   16725 Square Drive                                        
7.12   5 Marway Circle                                        
8   Anchorage Marriott Downtown   245,311   61,328   Cash       58,129   29,064   Cash       0   91,187
9   Harvey Building Products Portfolio   1,207,022   199,837   Cash       594,489   78,692   Cash       0   0
9.01   Londonderry Manufacturing                                        
9.02   Waltham Corporate                                        
9.03   Dartmouth Manufacturing                                        
9.04   Nashua                                        
9.05   West Bridgewater                                        
9.06   Woburn                                        
9.07   Manchester, NH                                        
9.08   New London                                        
9.09   East Haven                                        
9.10   Salem                                        
9.11   Bethlehem                                        
9.12   Lincoln                                        
9.13   Berlin                                        
9.14   Woburn CPD                                        
9.15   Norwalk I                                        
9.16   Dartmouth                                        
9.17   Braintree                                        
9.18   Manchester, CT                                        
9.19   Portland                                        
9.20   Norwalk II                                        
9.21   Warwick                                        
9.22   Fitchburg                                        
9.23   Auburn                                        
9.24   Portsmouth                                        
9.25   Southampton                                        
9.26   Hyannis                                        
9.27   Wilkes-Barre                                        
9.28   Berlin CPD                                        
9.29   Springfield                                        
9.30   White River Junction                                        
10   JW Marriott Santa Monica Le Merigot   533,964   66,746   Cash       70,120   23,373   Cash       0   106,864
11   Keeper’s Self Storage Manhattan   31,109   31,109   Cash       0   Springing           0   1,119
12   2052 Century Park East   0   Springing           0   Springing           0   0
13   Home Depot Jamaica   0   Springing           0   Springing           0   0
14   Aloft Nashville West End   224,536   22,454   Cash       0   Springing           300,000   29,151
15   Merritt Creek Farm Shopping Center   42,978   14,326   Cash       35,868   3,587   Cash       0   5,068
16   Westgate Shopping Center   270,773   38,682   Cash       33,218   2,555   Cash       0   2,180
17   Green Caye   52,433   26,217   Cash       25,402   12,701   Cash       0   5,925
18   Huntington Park Shopping Center   86,823   28,941   Cash       0   Springing           0   1,573; Springing
19   Columbine Place   214,538   42,908   Cash       50,767   5,077   Cash       75,000   3,119
20   2200 Harbor Boulevard   42,992   21,496   Cash       35,101   3,191   Cash       0   Springing
21   Hayden’s Crossing   129,947   21,658   Cash       1,067   1,067   Cash       0   2,125
22   2700 Blankenbaker   8,015   8,021   Cash       4,442   2,220   Cash       0   1,793; Springing
23   Amsdell Michigan Pool   23,564   11,782   Cash       0   Springing           0   2,382
23.01   Amsdell - Shelby, Michigan                                        
23.02   Amsdell - Fraser, Michigan                                        
23.03   Amsdell - Flat Rock, Michigan                                        
24   Marley Manor Apartments   6,607   13,063   Cash       17,517   2,502   Cash       0   2,000
25   Savannah Club Apartments   24,564   24,564   Cash       17,550   4,388   Cash       0   3,750
26   Hawthorne Business Center   137,925   22,988   Cash       26,666   3,333   Cash       0   2,642
27   Valley View Business Center   19,905   6,635   Cash       20,746   1,886   Cash       0   Springing
28   Gallery Shopping Center   16,139   16,139   Cash       24,330   2,212   Cash       0   3,216
29   Security Public Storage - Salinas   0   Springing           0   Springing           0   Springing
30   Dollar Self Storage   3,318   3,318   Cash       3,855   482   Cash       1,109   1,109
31   Sunset Plaza   15,340   15,340   Cash       21,444   1,949   Cash       0   1,411
32   Tally Ho   12,842   4,281   Cash       14,122   1,284   Cash       0   548
33   Parkway Commons   0   9,410   Cash       7,110   1,185   Cash       8,500   1,108
34   Reasor’s Foods- Bixby   0   Springing           0   Springing           0   0
35   OSH San Leandro   0   Springing           0   Springing           0   Springing
36   ClimaStor 6   18,816   1,568   Cash       19,394   1,763   Cash       0   715
37   Joiner Parkway Self Storage   15,348   7,674   Cash       0   Springing           0   1,097
38   Fairfield Inn & Suites Lumberton   15,233   3,808   Cash       2,007   669   Cash       0   7,158
39   LA Fitness - Euless   0   Springing           0   Springing           0   Springing
40   Golf Plaza   233,714   38,952   Cash       12,776   1,825   Cash       0   1,724
41   CSS Lafayette   41,537   10,384   Cash       0   Springing           0   628
42   LA Fitness - Grand Prairie   0   Springing           0   Springing           0   Springing
43   LA Fitness - Pearland   0   Springing           0   Springing           0   Springing
44   Security Public Storage – Pittsburg   0   Springing           0   Springing           0   Springing
45   Academy Gateway Retail   0   Springing           0   Springing           0   Springing
46   Hawthorn Suites Philadelphia   108,950   12,106   Cash       5,883   840   Cash       0   1/12 of 4.0% of the greater of (a) prior year’s gross revenues, (b) gross revenue projected in the annual budget
47   Ventura Green Apartments   32,278   3,228   Cash       38,549   8,399   Cash       0   3,766
48   Hawthorne Club Apartments   84,065   16,813   Cash       0   Springing           0   6,325
49   Dover Downs   30,482   7,621   Cash       15,403   1,185   Cash       0   1,596
50   Walgreens- York   0   Springing           0   Springing           0   Springing
51   URS Corporate Center   10,058   10,058   Cash       12,390   6,195   Cash       0   708
52   3325 Hollywood Boulevard   42,111   6,654   Cash       13,307   4,545   Cash       40,000   615
53   Walgreens- Reynoldsburg   0   Springing           0   Springing           0   Springing
54   Security Public Storage - Manteca   0   Springing           0   Springing           0   Springing
55   Storage Depot Fossil Creek   11,660   5,830   Cash       0   Springing           0   903
56   ClimaStor 7   19,993   1,666   Cash       10,952   996   Cash       0   361
57   Oak Valley Apartments   38,610   5,516   Cash       6,117   3,058   Cash       0   3,020
58   Harp’s Foods- Grove   0   Springing           0   Springing           0   0
59   Walgreens-Dyersburg   0   Springing           0   Springing           0   Springing
60   University Center South   28,222   4,032   Cash       0   Springing           0   1,161
61   Baymont Inn & Suites Las Vegas   6,827   2,753   Cash       3,288   3,288   Cash       5,838   5,838
62   Storage Depot Morning Side   5,232   2,616   Cash       0   Springing           0   719
63   Security Public Storage - Sacramento III   0   Springing           0   Springing           0   Springing
64   Alpha Corners   9,925   1,418   Cash       142   142   Cash       0   70
65   Storage Depot Culebra   14,766   7,383   Cash       0   Springing           0   512
66   Eagle Point Estates   26,640   4,440   Cash       0   Springing           0   771
67   Dollar General - Farmington   2,221   555   Cash       0   Springing           0   0
68   Dollar General - Rice   649   72   Cash       0   Springing           0   0
69   Dollar General - Bloomington   845   141   Cash       0   Springing           0   0
70   Dollar General - Cape Girardeau   4,000   333   Cash       0   Springing           0   0
71   Dollar General - Troy   47   16   Cash       0   Springing           0   0

 

A-1-11
 

 

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

 

Mortgage Loan Number   Property Name   Replacement Reserve Cap ($)   Replacement Reserve Escrow - Cash or LoC   Replacement Reserve Escrow - LoC Counterparty   Upfront TI/LC Reserve ($)   Monthly TI/LC Reserve ($)   TI/LC Reserve Cap ($)   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
1   Rolling Brook Village   0   Cash       0   0   0           0   0        
2   Empire Mall   0           75,000   Springing   0   Cash       0   0        
3   Pineapple Hotel Portfolio   2,500,000   Cash       0   0   0           0   0        
3.01   Hotel Five                                                
3.02   Watertown Hotel                                                
3.03   University Inn                                                
4   Adler Office   0   Cash       1,450,370   32,359   776,610   Cash       0   0        
5   Adler Industrial   0   Cash       166,307   16,356   392,534   Cash       0   0        
6   Harbor Pointe Apartments   0   Cash       0   0   0           0   0        
7   Heritage Industrial Portfolio   0   Cash       800,000   32,250   500,000   Cash       0   0        
7.01   2294 Molly Pitcher Highway                                                
7.02   1001 & 1011 Air Park Drive                                                
7.03   4472 Steelway Boulevard North                                                
7.04   3530 East Pike Road                                                
7.05   22 Northeastern Industrial Park                                                
7.06   8 Northeastern Industrial Park                                                
7.07   4 & 8 Marway Circle                                                
7.08   4500 & 4510 Steelway Boulevard South                                                
7.09   21 Northeastern Industrial Park                                                
7.10   4474 Steelway Boulevard North                                                
7.11   16725 Square Drive                                                
7.12   5 Marway Circle                                                
8   Anchorage Marriott Downtown   0   Cash       0   0   0           0   0        
9   Harvey Building Products Portfolio   0           0   0   0           0   0        
9.01   Londonderry Manufacturing                                                
9.02   Waltham Corporate                                                
9.03   Dartmouth Manufacturing                                                
9.04   Nashua                                                
9.05   West Bridgewater                                                
9.06   Woburn                                                
9.07   Manchester, NH                                                
9.08   New London                                                
9.09   East Haven                                                
9.10   Salem                                                
9.11   Bethlehem                                                
9.12   Lincoln                                                
9.13   Berlin                                                
9.14   Woburn CPD                                                
9.15   Norwalk I                                                
9.16   Dartmouth                                                
9.17   Braintree                                                
9.18   Manchester, CT                                                
9.19   Portland                                                
9.20   Norwalk II                                                
9.21   Warwick                                                
9.22   Fitchburg                                                
9.23   Auburn                                                
9.24   Portsmouth                                                
9.25   Southampton                                                
9.26   Hyannis                                                
9.27   Wilkes-Barre                                                
9.28   Berlin CPD                                                
9.29   Springfield                                                
9.30   White River Junction                                                
10   JW Marriott Santa Monica Le Merigot   0   Cash       0   0   0           0   0        
11   Keeper’s Self Storage Manhattan   67,125   Cash       0   0   0           0   0        
12   2052 Century Park East   0           0   0   0           0   0        
13   Home Depot Jamaica   0           0   0   0           0   0        
14   Aloft Nashville West End   0   Cash       0   0   0           0   0        
15   Merritt Creek Farm Shopping Center   0   Cash       8,400   6,002   144,047   Cash       0   0        
16   Westgate Shopping Center   78,492   Cash       175,000   9,448   350,000   Cash       0   0        
17   Green Caye   0   Cash       0   0   0           0   0        
18   Huntington Park Shopping Center   57,000   Cash       60,300   8,415   300,000   Cash       0   0        
19   Columbine Place   75,000   Cash       350,000   13,223   350,000   Cash       0   0        
20   2200 Harbor Boulevard   0           0   0   0           0   0        
21   Hayden’s Crossing   0   Cash       0   0   0           0   0        
22   2700 Blankenbaker   100,000   Cash       450,000   8,967; Springing   275,000   Cash       0   0        
23   Amsdell Michigan Pool   0   Cash       0   0   0           0   0        
23.01   Amsdell - Shelby, Michigan                                                
23.02   Amsdell - Fraser, Michigan                                                
23.03   Amsdell - Flat Rock, Michigan                                                
24   Marley Manor Apartments   0   Cash       0   0   0           0   0        
25   Savannah Club Apartments   0   Cash       0   0   0           0   0        
26   Hawthorne Business Center   0   Cash       0   17,000   340,000   Cash       0   0        
27   Valley View Business Center   0           0   Springing   0           0   0        
28   Gallery Shopping Center   0   Cash       210,000   4,713   0   Cash       0   0        
29   Security Public Storage - Salinas   0           0   0   0           0   0        
30   Dollar Self Storage   0   Cash       0   0   0           0   0        
31   Sunset Plaza   50,811   Cash       0   4,606   300,000   Cash       0   0        
32   Tally Ho   0   Cash       0   1,725   0   Cash       0   0        
33   Parkway Commons   25,000   Cash       100,000   4,340   100,000   Cash       0   0        
34   Reasor’s Foods- Bixby   0           0   0   0           0   0        
35   OSH San Leandro   0           0   Springing   0           0   0        
36   ClimaStor 6   30,000   Cash       0   0   0           0   0        
37   Joiner Parkway Self Storage   26,328   Cash       0   0   0           0   0        
38   Fairfield Inn & Suites Lumberton   0   Cash       0   0   0           0   0        
39   LA Fitness - Euless   0           500,000   Springing   0   Cash       0   0        
40   Golf Plaza   50,000   Cash       50,000   3,987   100,000   Cash       0   0        
41   CSS Lafayette   0   Cash       0   0   0           0   0        
42   LA Fitness - Grand Prairie   0           500,000   Springing   0   Cash       0   0        
43   LA Fitness - Pearland   0           500,000   Springing   0   Cash       0   0        
44   Security Public Storage – Pittsburg   0           0   0   0           0   0        
45   Academy Gateway Retail   0           125,000   2,306   125,000   Cash       0   0        
46   Hawthorn Suites Philadelphia   0   Cash       0   0   0           0   0        
47   Ventura Green Apartments   0   Cash       0   0   0           0   0        
48   Hawthorne Club Apartments   100,000   Cash       0   0   0           0   0        
49   Dover Downs   0   Cash       250,000   3,989   0   Cash       0   0        
50   Walgreens- York   0           0   0   0           0   0        
51   URS Corporate Center   0   Cash       0   3,184   0   Cash       0   0        
52   3325 Hollywood Boulevard   40,000   Cash       80,000   3,073   80,000   Cash       0   0        
53   Walgreens- Reynoldsburg   0           0   0   0           0   0        
54   Security Public Storage - Manteca   0           0   0   0           0   0        
55   Storage Depot Fossil Creek   21,668   Cash       0   0   0           0   0        
56   ClimaStor 7   30,000   Cash       0   0   0           0   0        
57   Oak Valley Apartments   108,720   Cash       0   0   0           0   0        
58   Harp’s Foods- Grove   0           0   0   0           0   0        
59   Walgreens-Dyersburg   0           0   0   0           0   0        
60   University Center South   0   Cash       0   3,628; Springing   130,000   Cash       0   0        
61   Baymont Inn & Suites Las Vegas   0   Cash       0   0   0           0   0        
62   Storage Depot Morning Side   17,258   Cash       0   0   0           0   0        
63   Security Public Storage - Sacramento III   0           0   0   0           0   0        
64   Alpha Corners   0   Cash       0   350   0   Cash       0   0        
65   Storage Depot Culebra   12,278   Cash       0   0   0           0   0        
66   Eagle Point Estates   0   Cash       0   0   0           0   0        
67   Dollar General - Farmington   0           0   0   0           0   0        
68   Dollar General - Rice   0           0   0   0           0   0        
69   Dollar General - Bloomington   0           0   0   0           0   0        
70   Dollar General - Cape Girardeau   0           0   0   0           0   0        
71   Dollar General - Troy   0           0   0   0           0   0        

 

A-1-12
 

 

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

 

Mortgage Loan Number   Property Name   Other Escrow I Reserve Description   Other Escrow I (Initial) ($)   Other Escrow I (Monthly) ($)(11)(16)   Other Escrow I Cap ($)   Other Escrow I Escrow - Cash or LoC   Other  Escrow I - LoC Counterparty   Other Escrow II Reserve Description   Other Escrow II (Initial) ($)
1   Rolling Brook Village       0   0   0               0
2   Empire Mall   Ground Lease Reserve   0   Springing   0   Cash           0
3   Pineapple Hotel Portfolio   Seasonality Reserve   200,000   50,000   400,000   Cash           0
3.01   Hotel Five                                
3.02   Watertown Hotel                                
3.03   University Inn                                
4   Adler Office   Free Rent Escrow   389,303   0   0   Cash           0
5   Adler Industrial   Free Rent Escrow   36,831   0   0   Cash           0
6   Harbor Pointe Apartments       0   0   0               0
7   Heritage Industrial Portfolio   Staples Space TI/LC Escrow   0   33,333; Springing   0   Cash           0
7.01   2294 Molly Pitcher Highway                                
7.02   1001 & 1011 Air Park Drive                                
7.03   4472 Steelway Boulevard North                                
7.04   3530 East Pike Road                                
7.05   22 Northeastern Industrial Park                                
7.06   8 Northeastern Industrial Park                                
7.07   4 & 8 Marway Circle                                
7.08   4500 & 4510 Steelway Boulevard South                                
7.09   21 Northeastern Industrial Park                                
7.10   4474 Steelway Boulevard North                                
7.11   16725 Square Drive                                
7.12   5 Marway Circle                                
8   Anchorage Marriott Downtown   Seasonality Reserve ($362,604)/Comfort Letter Reserve ($2,500)   365,104   Springing   0   Cash       PIP Reserve   0
9   Harvey Building Products Portfolio       0   0   0               0
9.01   Londonderry Manufacturing                                
9.02   Waltham Corporate                                
9.03   Dartmouth Manufacturing                                
9.04   Nashua                                
9.05   West Bridgewater                                
9.06   Woburn                                
9.07   Manchester, NH                                
9.08   New London                                
9.09   East Haven                                
9.10   Salem                                
9.11   Bethlehem                                
9.12   Lincoln                                
9.13   Berlin                                
9.14   Woburn CPD                                
9.15   Norwalk I                                
9.16   Dartmouth                                
9.17   Braintree                                
9.18   Manchester, CT                                
9.19   Portland                                
9.20   Norwalk II                                
9.21   Warwick                                
9.22   Fitchburg                                
9.23   Auburn                                
9.24   Portsmouth                                
9.25   Southampton                                
9.26   Hyannis                                
9.27   Wilkes-Barre                                
9.28   Berlin CPD                                
9.29   Springfield                                
9.30   White River Junction                                
10   JW Marriott Santa Monica Le Merigot   Seasonality Reserve ($389,819)/Comfort Letter Reserve ($2,500)   392,319   0   0   Cash       Ground Rent Holdback($9,881,593)/Ground Lease Reserve ($272,250)   10,153,843
11   Keeper’s Self Storage Manhattan       0   0   0               0
12   2052 Century Park East       0   0   0               0
13   Home Depot Jamaica   Ground Rent Escrow   46,363   46,363   0   Cash           0
14   Aloft Nashville West End   PIP Reserve   1,800,000   0   0   Cash           0
15   Merritt Creek Farm Shopping Center   Free Rent Escrow   31,602   0   0   Cash           0
16   Westgate Shopping Center   Library Gap Rent Reserve ($302,860)/Pictures Plus Gap Rent Reserve ($2,100)   304,960   0   0   Cash       Outstanding TI/LC Reserve ($1,732,311)/Specified Tenant Leasing Reserve ($261,874)   1,994,185
17   Green Caye       0   0   0               0
18   Huntington Park Shopping Center   Rent Concession Reserve   19,356   0   0   Cash           0
19   Columbine Place   Free Rent Reserve   83,288   0   0   Cash           0
20   2200 Harbor Boulevard   K Mart Reserve   1,000,000   Springing   0   Cash       Ground Rent Reserve   0
21   Hayden’s Crossing       0   0   0               0
22   2700 Blankenbaker   Rent Concession Reserve   0   2,604   0   Cash       NPAS/Honeywell Reserve   0
23   Amsdell Michigan Pool   Ground Rent Reserve   0   10,618   0   Cash           0
23.01   Amsdell - Shelby, Michigan                                
23.02   Amsdell - Fraser, Michigan                                
23.03   Amsdell - Flat Rock, Michigan                                
24   Marley Manor Apartments       0   0   0               0
25   Savannah Club Apartments       0   0   0               0
26   Hawthorne Business Center       0   0   0               0
27   Valley View Business Center       0   0   0               0
28   Gallery Shopping Center   Nail Spa TI Reserve   51,500   0   0   Cash           0
29   Security Public Storage - Salinas       0   0   0               0
30   Dollar Self Storage   Improvement Bond Payments Reserve   2,600   2,600   0   Cash           0
31   Sunset Plaza       0   0   0               0
32   Tally Ho   Free Rent   7,187   0   0   Cash           0
33   Parkway Commons       0   0   0               0
34   Reasor’s Foods- Bixby       0   0   0               0
35   OSH San Leandro       0   0   0               0
36   ClimaStor 6       0   0   0               0
37   Joiner Parkway Self Storage       0   0   0               0
38   Fairfield Inn & Suites Lumberton   PIP Reserve   0   Springing   0               0
39   LA Fitness - Euless       0   0   0               0
40   Golf Plaza       0   0   0               0
41   CSS Lafayette   Ground Rent Funds   18,890   Springing   0   Cash           0
42   LA Fitness - Grand Prairie       0   0   0               0
43   LA Fitness - Pearland       0   0   0               0
44   Security Public Storage – Pittsburg       0   0   0               0
45   Academy Gateway Retail       0   0   0               0
46   Hawthorn Suites Philadelphia   Seasonality Reserve   147,000   0   0   Cash       PIP Reserve   210,000
47   Ventura Green Apartments   Coinmach Expense Reserve   11,500   575   0   Cash           0
48   Hawthorne Club Apartments       0   0   0               0
49   Dover Downs       0   0   0               0
50   Walgreens- York       0   0   0               0
51   URS Corporate Center   Free Rent   19,607   0   0   Cash           0
52   3325 Hollywood Boulevard       0   0   0               0
53   Walgreens- Reynoldsburg       0   0   0               0
54   Security Public Storage - Manteca       0   0   0               0
55   Storage Depot Fossil Creek       0   0   0               0
56   ClimaStor 7       0   0   0               0
57   Oak Valley Apartments       0   0   0               0
58   Harp’s Foods- Grove       0   0   0               0
59   Walgreens-Dyersburg       0   0   0               0
60   University Center South   Free Rent Reserve   21,452   0   0   Cash           0
61   Baymont Inn & Suites Las Vegas       0   0   0               0
62   Storage Depot Morning Side       0   0   0               0
63   Security Public Storage - Sacramento III       0   0   0               0
64   Alpha Corners       0   0   0               0
65   Storage Depot Culebra       0   0   0               0
66   Eagle Point Estates       0   0   0               0
67   Dollar General - Farmington       0   0   0               0
68   Dollar General - Rice       0   0   0               0
69   Dollar General - Bloomington       0   0   0               0
70   Dollar General - Cape Girardeau       0   0   0               0
71   Dollar General - Troy       0   0   0               0

 

A-1-13
 

 

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(7)   Ownership Interest(17)   Ground Lease Initial Expiration Date(17)
1   Rolling Brook Village   0   0               Fee    
2   Empire Mall   0   0               Fee and Leasehold   9/30/2033
3   Pineapple Hotel Portfolio   0   0               Fee    
3.01   Hotel Five                       Fee    
3.02   Watertown Hotel                       Fee    
3.03   University Inn                       Fee    
4   Adler Office   0   0               Fee    
5   Adler Industrial   0   0               Fee    
6   Harbor Pointe Apartments   0   0               Fee    
7   Heritage Industrial Portfolio   0   0               Fee    
7.01   2294 Molly Pitcher Highway                       Fee    
7.02   1001 & 1011 Air Park Drive                       Fee    
7.03   4472 Steelway Boulevard North                       Fee    
7.04   3530 East Pike Road                       Fee    
7.05   22 Northeastern Industrial Park                       Fee    
7.06   8 Northeastern Industrial Park                       Fee    
7.07   4 & 8 Marway Circle                       Fee    
7.08   4500 & 4510 Steelway Boulevard South                       Fee    
7.09   21 Northeastern Industrial Park                       Fee    
7.10   4474 Steelway Boulevard North                       Fee    
7.11   16725 Square Drive                       Fee    
7.12   5 Marway Circle                       Fee    
8   Anchorage Marriott Downtown   Springing   0   Cash           Fee    
9   Harvey Building Products Portfolio   0   0               Fee    
9.01   Londonderry Manufacturing                       Fee    
9.02   Waltham Corporate                       Fee    
9.03   Dartmouth Manufacturing                       Fee    
9.04   Nashua                       Fee    
9.05   West Bridgewater                       Fee    
9.06   Woburn                       Fee    
9.07   Manchester, NH                       Fee    
9.08   New London                       Fee    
9.09   East Haven                       Fee    
9.10   Salem                       Fee    
9.11   Bethlehem                       Fee    
9.12   Lincoln                       Fee    
9.13   Berlin                       Fee    
9.14   Woburn CPD                       Fee    
9.15   Norwalk I                       Fee    
9.16   Dartmouth                       Fee    
9.17   Braintree                       Fee    
9.18   Manchester, CT                       Fee    
9.19   Portland                       Fee    
9.20   Norwalk II                       Fee    
9.21   Warwick                       Fee    
9.22   Fitchburg                       Fee    
9.23   Auburn                       Fee    
9.24   Portsmouth                       Fee    
9.25   Southampton                       Fee    
9.26   Hyannis                       Fee    
9.27   Wilkes-Barre                       Fee    
9.28   Berlin CPD                       Fee    
9.29   Springfield                       Fee    
9.30   White River Junction                       Fee    
10   JW Marriott Santa Monica Le Merigot   Ground Lease Reserve ($136,125)   0   Cash           Leasehold   10/15/2086
11   Keeper’s Self Storage Manhattan   0   0               Fee    
12   2052 Century Park East   0   0               Fee    
13   Home Depot Jamaica   0   0               Fee and Leasehold   Kimaqu Corporation 09/01/2025; Melvin Zuckerman, Robin Mathes & Kenneth Zuckerman 09/01/2025; Lite Realty Co., Inc. 09/01/2025
14   Aloft Nashville West End   0   0               Fee    
15   Merritt Creek Farm Shopping Center   0   0               Fee    
16   Westgate Shopping Center   0   0   Cash           Fee    
17   Green Caye   0   0               Fee    
18   Huntington Park Shopping Center   0   0               Fee    
19   Columbine Place   0   0               Leasehold   6/30/2079
20   2200 Harbor Boulevard   Springing   0               Fee and Leasehold   12/31/2057
21   Hayden’s Crossing   0   0           550,000   Fee    
22   2700 Blankenbaker   Springing   0               Fee    
23   Amsdell Michigan Pool   0   0               Various   Various
23.01   Amsdell - Shelby, Michigan                       Leasehold   10/31/2034
23.02   Amsdell - Fraser, Michigan                       Fee    
23.03   Amsdell - Flat Rock, Michigan                       Fee    
24   Marley Manor Apartments   0   0               Fee    
25   Savannah Club Apartments   0   0               Fee    
26   Hawthorne Business Center   0   0               Fee    
27   Valley View Business Center   0   0               Fee    
28   Gallery Shopping Center   0   0               Fee    
29   Security Public Storage - Salinas   0   0               Fee    
30   Dollar Self Storage   0   0               Fee    
31   Sunset Plaza   0   0               Fee    
32   Tally Ho   0   0               Fee    
33   Parkway Commons   0   0               Fee    
34   Reasor’s Foods- Bixby   0   0               Fee    
35   OSH San Leandro   0   0               Fee    
36   ClimaStor 6   0   0               Fee    
37   Joiner Parkway Self Storage   0   0               Fee    
38   Fairfield Inn & Suites Lumberton   0   0               Fee    
39   LA Fitness - Euless   0   0               Fee    
40   Golf Plaza   0   0               Fee    
41   CSS Lafayette   0   0               Leasehold   3/31/2050
42   LA Fitness - Grand Prairie   0   0               Fee    
43   LA Fitness - Pearland   0   0               Fee    
44   Security Public Storage – Pittsburg   0   0               Fee    
45   Academy Gateway Retail   0   0               Fee    
46   Hawthorn Suites Philadelphia   0   0   Cash           Fee    
47   Ventura Green Apartments   0   0               Fee    
48   Hawthorne Club Apartments   0   0               Fee    
49   Dover Downs   0   0               Fee    
50   Walgreens- York   0   0               Fee    
51   URS Corporate Center   0   0               Fee    
52   3325 Hollywood Boulevard   0   0               Fee    
53   Walgreens- Reynoldsburg   0   0               Fee    
54   Security Public Storage - Manteca   0   0               Fee    
55   Storage Depot Fossil Creek   0   0               Fee    
56   ClimaStor 7   0   0               Fee    
57   Oak Valley Apartments   0   0               Fee    
58   Harp’s Foods- Grove   0   0               Fee    
59   Walgreens-Dyersburg   0   0               Fee    
60   University Center South   0   0               Fee    
61   Baymont Inn & Suites Las Vegas   0   0               Fee    
62   Storage Depot Morning Side   0   0               Fee    
63   Security Public Storage - Sacramento III   0   0               Fee    
64   Alpha Corners   0   0               Fee    
65   Storage Depot Culebra   0   0               Fee    
66   Eagle Point Estates   0   0               Fee    
67   Dollar General - Farmington   0   0               Fee    
68   Dollar General - Rice   0   0               Fee    
69   Dollar General - Bloomington   0   0               Fee    
70   Dollar General - Cape Girardeau   0   0               Fee    
71   Dollar General - Troy   0   0               Fee    

 

A-1-14
 

 

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

 

Mortgage Loan Number   Property Name   Annual Ground Rent Payment(17)   Annual Ground Rent Increases(17)   Lockbox   Whole Loan Cut-off Date Balance ($)   Whole Loan Debt Service ($)
1   Rolling Brook Village           Soft/Upfront Cash Management        
2   Empire Mall   $63,082   Ground rent increases every 5 years based on CPI   Hard/Springing Cash Management        
3   Pineapple Hotel Portfolio           Springing        
3.01   Hotel Five                    
3.02   Watertown Hotel                    
3.03   University Inn                    
4   Adler Office           Hard/Springing Cash Management        
5   Adler Industrial           Hard/Springing Cash Management        
6   Harbor Pointe Apartments           Springing        
7   Heritage Industrial Portfolio           Hard/Springing Cash Management        
7.01   2294 Molly Pitcher Highway                    
7.02   1001 & 1011 Air Park Drive                    
7.03   4472 Steelway Boulevard North                    
7.04   3530 East Pike Road                    
7.05   22 Northeastern Industrial Park                    
7.06   8 Northeastern Industrial Park                    
7.07   4 & 8 Marway Circle                    
7.08   4500 & 4510 Steelway Boulevard South                    
7.09   21 Northeastern Industrial Park                    
7.10   4474 Steelway Boulevard North                    
7.11   16725 Square Drive                    
7.12   5 Marway Circle                    
8   Anchorage Marriott Downtown           Hard/Springing Cash Management        
9   Harvey Building Products Portfolio           Hard/Upfront Cash Management        
9.01   Londonderry Manufacturing                    
9.02   Waltham Corporate                    
9.03   Dartmouth Manufacturing                    
9.04   Nashua                    
9.05   West Bridgewater                    
9.06   Woburn                    
9.07   Manchester, NH                    
9.08   New London                    
9.09   East Haven                    
9.10   Salem                    
9.11   Bethlehem                    
9.12   Lincoln                    
9.13   Berlin                    
9.14   Woburn CPD                    
9.15   Norwalk I                    
9.16   Dartmouth                    
9.17   Braintree                    
9.18   Manchester, CT                    
9.19   Portland                    
9.20   Norwalk II                    
9.21   Warwick                    
9.22   Fitchburg                    
9.23   Auburn                    
9.24   Portsmouth                    
9.25   Southampton                    
9.26   Hyannis                    
9.27   Wilkes-Barre                    
9.28   Berlin CPD                    
9.29   Springfield                    
9.30   White River Junction                    
10   JW Marriott Santa Monica Le Merigot   $1,316,000   Includes rent increases every five years equal to the greater or (i) the annual base rent for the prior lease year or (ii) 9.0% of the FMV of the unimproved land value based on the midpoint of the two closest of three appraisals   Hard/Upfront Cash Management        
11   Keeper’s Self Storage Manhattan           Springing        
12   2052 Century Park East           Soft/Springing Cash Management        
13   Home Depot Jamaica   Kimaqu Corporation $154,134.00; Melvin Zuckerman, Robin Mathes & Kenneth Zuckerman $60,500.00; Lite Realty Co., Inc. $341,718.75   Rent increases every 5 years   Hard/Springing Cash Management        
14   Aloft Nashville West End           Hard/Springing Cash Management        
15   Merritt Creek Farm Shopping Center           Hard/Springing Cash Management        
16   Westgate Shopping Center           Springing        
17   Green Caye           Springing        
18   Huntington Park Shopping Center           Springing        
19   Columbine Place   $226,633   Y   Springing        
20   2200 Harbor Boulevard   $254,562   Adjusted by CPI every 60 months   Springing        
21   Hayden’s Crossing           Springing        
22   2700 Blankenbaker           Springing        
23   Amsdell Michigan Pool   Various   Various   Springing        
23.01   Amsdell - Shelby, Michigan   $120,000   Every third year 5% of the CPI            
23.02   Amsdell - Fraser, Michigan                    
23.03   Amsdell - Flat Rock, Michigan                    
24   Marley Manor Apartments           Springing        
25   Savannah Club Apartments           Springing        
26   Hawthorne Business Center           Springing        
27   Valley View Business Center           Springing        
28   Gallery Shopping Center           Hard/Springing Cash Management        
29   Security Public Storage - Salinas           None        
30   Dollar Self Storage           None        
31   Sunset Plaza           Springing        
32   Tally Ho           Springing        
33   Parkway Commons           None        
34   Reasor’s Foods- Bixby           Hard/Upfront Cash Management        
35   OSH San Leandro           Springing        
36   ClimaStor 6           None        
37   Joiner Parkway Self Storage           None        
38   Fairfield Inn & Suites Lumberton           Hard/Springing Cash Management        
39   LA Fitness - Euless           Springing        
40   Golf Plaza           Springing        
41   CSS Lafayette   $110,040   3.0%   Springing        
42   LA Fitness - Grand Prairie           Springing        
43   LA Fitness - Pearland           Springing        
44   Security Public Storage – Pittsburg           None        
45   Academy Gateway Retail           Springing        
46   Hawthorn Suites Philadelphia           Hard/Springing Cash Management        
47   Ventura Green Apartments           Springing        
48   Hawthorne Club Apartments           None        
49   Dover Downs           Springing        
50   Walgreens- York           Springing        
51   URS Corporate Center           Springing        
52   3325 Hollywood Boulevard           Springing        
53   Walgreens- Reynoldsburg           Springing        
54   Security Public Storage - Manteca           None        
55   Storage Depot Fossil Creek           None        
56   ClimaStor 7           None        
57   Oak Valley Apartments           Springing        
58   Harp’s Foods- Grove           Hard/Upfront Cash Management        
59   Walgreens-Dyersburg           Springing        
60   University Center South           None        
61   Baymont Inn & Suites Las Vegas           Hard/Springing Cash Management        
62   Storage Depot Morning Side           None        
63   Security Public Storage - Sacramento III           None        
64   Alpha Corners           Springing        
65   Storage Depot Culebra           None        
66   Eagle Point Estates           None        
67   Dollar General - Farmington           Hard/Upfront Cash Management        
68   Dollar General - Rice           Hard/Upfront Cash Management        
69   Dollar General - Bloomington           Hard/Upfront Cash Management        
70   Dollar General - Cape Girardeau           Hard/Upfront Cash Management        
71   Dollar General - Troy           Hard/Upfront Cash Management        

 

A-1-15
 

 

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

 

Mortgage Loan Number   Property Name   Subordinate Secured Debt Original Balance ($)   Subordinate Secured Debt Cut-off Date Balance ($)   Whole Loan U/W NOI DSCR (x)   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(18)   Affiliated Sponsors   Mortgage Loan Number
1   Rolling Brook Village                               20,200,000   Ralph S. Dweck       1
2   Empire Mall                                   Simon Property Group, Inc.       2
3   Pineapple Hotel Portfolio                                   Michelle Foreman Barnet       3
3.01   Hotel Five                                           3.01
3.02   Watertown Hotel                                           3.02
3.03   University Inn                                           3.03
4   Adler Office                                   Michael M. Adler   Y - Group 2   4
5   Adler Industrial                                   Michael M. Adler   Y - Group 2   5
6   Harbor Pointe Apartments                                   Elie Rieder       6
7   Heritage Industrial Portfolio                                   Steven  Greenberg,Jeffrey  Greenberg       7
7.01   2294 Molly Pitcher Highway                                           7.01
7.02   1001 & 1011 Air Park Drive                                           7.02
7.03   4472 Steelway Boulevard North                                           7.03
7.04   3530 East Pike Road                                           7.04
7.05   22 Northeastern Industrial Park                                           7.05
7.06   8 Northeastern Industrial Park                                           7.06
7.07   4 & 8 Marway Circle                                           7.07
7.08   4500 & 4510 Steelway Boulevard South                                           7.08
7.09   21 Northeastern Industrial Park                                           7.09
7.10   4474 Steelway Boulevard North                                           7.10
7.11   16725 Square Drive                                           7.11
7.12   5 Marway Circle                                           7.12
8   Anchorage Marriott Downtown                                   William J. Yung III   Y - Group 1   8
9   Harvey Building Products Portfolio                                   Dunes Point Capital LLC       9
9.01   Londonderry Manufacturing                                           9.01
9.02   Waltham Corporate                                           9.02
9.03   Dartmouth Manufacturing                                           9.03
9.04   Nashua                                           9.04
9.05   West Bridgewater                                           9.05
9.06   Woburn                                           9.06
9.07   Manchester, NH                                           9.07
9.08   New London                                           9.08
9.09   East Haven                                           9.09
9.10   Salem                                           9.10
9.11   Bethlehem                                           9.11
9.12   Lincoln                                           9.12
9.13   Berlin                                           9.13
9.14   Woburn CPD                                           9.14
9.15   Norwalk I                                           9.15
9.16   Dartmouth                                           9.16
9.17   Braintree                                           9.17
9.18   Manchester, CT                                           9.18
9.19   Portland                                           9.19
9.20   Norwalk II                                           9.20
9.21   Warwick                                           9.21
9.22   Fitchburg                                           9.22
9.23   Auburn                                           9.23
9.24   Portsmouth                                           9.24
9.25   Southampton                                           9.25
9.26   Hyannis                                           9.26
9.27   Wilkes-Barre                                           9.27
9.28   Berlin CPD                                           9.28
9.29   Springfield                                           9.29
9.30   White River Junction                                           9.30
10   JW Marriott Santa Monica Le Merigot                               17,000,000   William J. Yung III   Y - Group 1   10
11   Keeper’s Self Storage Manhattan                                   David Haver and David Haver 2007 GRAT       11
12   2052 Century Park East                                   Steven Gordon; Stephen Massman       12
13   Home Depot Jamaica                                   Louis L. Ceruzzi, Jr.,Joseph Mattone, Sr.       13
14   Aloft Nashville West End                                   AIG Global Real Estate Investment Corp.       14
15   Merritt Creek Farm Shopping Center                                   J. Brent Roswall; J. Michael Nidiffer       15
16   Westgate Shopping Center                                   Sam Berman, Gerald Byer, James Chaconas and Barry Margolis       16
17   Green Caye                                   Thomas D. Schneider       17
18   Huntington Park Shopping Center                                   Robert W. Comstock; Daniel D. Crosser       18
19   Columbine Place                                   Avery Palevsky; Dan Kleiman       19
20   2200 Harbor Boulevard                                   John R. Hundley, Sr.; Brian W. Hundley       20
21   Hayden’s Crossing                                   David M. Conwill; Steven B. Kimmelman individually and as Trustee of The Jerome Kimmelman Gift Trust       21
22   2700 Blankenbaker                                   Abhishek Mathur; Brian Adams       22
23   Amsdell Michigan Pool                                   Amsdell Group Preferred III, LLC       23
23.01   Amsdell - Shelby, Michigan                                           23.01
23.02   Amsdell - Fraser, Michigan                                           23.02
23.03   Amsdell - Flat Rock, Michigan                                           23.03
24   Marley Manor Apartments                                   R. Clayton Emory,William B. Rinnier, Sr.       24
25   Savannah Club Apartments                                   Paulus C. Heule       25
26   Hawthorne Business Center                                   Hugh H. Evans III, John P. Sullivan       26
27   Valley View Business Center                                   Terrall C. York       27
28   Gallery Shopping Center                                   Amy Stevens; David Weinstein       28
29   Security Public Storage - Salinas                                   See Footnote 18   Y - Group 3   29
30   Dollar Self Storage                                   John C. Thomson       30
31   Sunset Plaza                                   Calvin Yap and The Yap Family Trust       31
32   Tally Ho                                   Andrew Miller   Y - Group 6   32
33   Parkway Commons                                   Phillip A. Warren, Sr.       33
34   Reasor’s Foods- Bixby                                   Ladder Capital Finance LLC   Y - Group 5   34
35   OSH San Leandro                                   AICI, LLC   Y - Group 7   35
36   ClimaStor 6                                   James H. Jenkins, III   Y - Group 9   36
37   Joiner Parkway Self Storage                                   Kenneth S. Hirsch; Rosemary Jensen; Hirsch Family Trust       37
38   Fairfield Inn & Suites Lumberton                                   Pradeep Sharma       38
39   LA Fitness - Euless                                   Carl Greenwood; James McKenzie   Y - Group 4   39
40   Golf Plaza                                   Yueh Ru Yu; Philip Jong       40
41   CSS Lafayette                                   Robert Dailey and Thomas Dailey       41
42   LA Fitness - Grand Prairie                                   Carl Greenwood; James McKenzie   Y - Group 4   42
43   LA Fitness - Pearland                                   Carl Greenwood; James McKenzie   Y - Group 4   43
44   Security Public Storage – Pittsburg                                   See Footnote 18   Y - Group 3   44
45   Academy Gateway Retail                                   AICI, LLC   Y - Group 7   45
46   Hawthorn Suites Philadelphia                                   Kee-Cheok Cheong; Pheng-Theng Tan       46
47   Ventura Green Apartments                                   Rohan Gupta; Rupa Gupta       47
48   Hawthorne Club Apartments                                   Matthew B. Lester       48
49   Dover Downs                                   Andrew Miller   Y - Group 6   49
50   Walgreens- York                                   The Frankel Family Trust   Y - Group 8   50
51   URS Corporate Center                                   Yoav Merary       51
52   3325 Hollywood Boulevard                                   Kenneth Israel       52
53   Walgreens- Reynoldsburg                                   The Frankel Family Trust   Y - Group 8   53
54   Security Public Storage - Manteca                                   See Footnote 18   Y - Group 3   54
55   Storage Depot Fossil Creek                                   John Troy Drennan   Y - Group 10   55
56   ClimaStor 7                                   James H. Jenkins, III   Y - Group 9   56
57   Oak Valley Apartments                                   Meshulam Martin       57
58   Harp’s Foods- Grove                                   Ladder Capital Finance LLC   Y - Group 5   58
59   Walgreens-Dyersburg                                   The Frankel Family Trust   Y - Group 8   59
60   University Center South                                   Andrew Tavakoli       60
61   Baymont Inn & Suites Las Vegas                                   Pandey Hotel Corporation; Prakash Pandey       61
62   Storage Depot Morning Side                                   John Troy Drennan   Y - Group 10   62
63   Security Public Storage - Sacramento III                                   See Footnote 18   Y - Group 3   63
64   Alpha Corners                                   Lance F. Osborne; Steven S. Passov       64
65   Storage Depot Culebra                                   John Troy Drennan   Y - Group 10   65
66   Eagle Point Estates                                   Patricia Rolston       66
67   Dollar General - Farmington                                   Ladder Capital Finance LLC   Y - Group 5   67
68   Dollar General - Rice                                   Ladder Capital Finance LLC   Y - Group 5   68
69   Dollar General - Bloomington                                   Ladder Capital Finance LLC   Y - Group 5   69
70   Dollar General - Cape Girardeau                                   Ladder Capital Finance LLC   Y - Group 5   70
71   Dollar General - Troy                                   Ladder Capital Finance LLC   Y - Group 5   71

 

A-1-16
 

       
    FOOTNOTES TO ANNEX A-1  
   
  See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans or Cross-Collateralized Groups” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
   
(1) “WFB” denotes Wells Fargo Bank, National Association, “PCC” denotes Principal Commercial Capital, “LCF” denotes Ladder Capital Finance LLC, “CGMRC” denotes Citigroup Global Markets Realty Corp., and “SG” denotes Société Générale.
   
(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 mortgage 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—Mortgage Pool Characteristics—Cross-Collateralized Mortgage Loans; Multi-Property Mortgage Loans and Related Borrower Mortgage Loans”, “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Prepayment Protections and Certain Involuntary Prepayments—Voluntary Prepayments”, “—Defeasance” and “—Partial Releases” in the Preliminary Prospectus.
   
  Mortgage loans #4 (Adler Office) and #5 (Adler Industrial) are cross-collateralized and cross-defaulted.  Partial release/defeasance of each property is allowed in accordance with the loan documents at the greater of 115% of the allocated loan amount or 100% of the proceeds received by the borrower in connection with the release, net of reasonable customary prorations, third-party brokerage fees, reasonable attorney’s fees and other related closing costs. Each such mortgage loan can also be separately defeased in full, without full defeasance of the other such mortgage loan, upon satisfaction of similar conditions. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” and “—Defeasance” in the Preliminary Prospectus.
   
(3) For mortgage loan #2 (Empire Mall), the Occupancy Rate includes the third largest tenant (100,790 square feet), representing 9.0% 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 #17 (Green Caye), the Number of Units includes 232 recreational vehicle units, 152 mobile homes, 194 multifamily units, 138 self storage units and 44 surface parking spaces.
   
  For mortgage loan #33 (Parkway Commons), the Number of Units includes 31,123 square feet of retail space and 11,748 square feet of office space.
   
(4) For mortgage loan #36 (ClimaStor 6), parking space for recreational vehicles is included in the U/W Revenues ($) and Number of Units.
   
  For mortgage loan #17 (Green Caye) 32.2% of U/W Revenues is derived from recreational vehicle income.
   
(5) For mortgage loan #2 (Empire Mall), the mortgage loan is represented by Note A-2, one of five pari passu notes, which have a combined Cut-off Date Balance of $190,000,000. Note A-1, Note A-3, Note A-4 and Note A-5 are not included in the trust. All loan-to-value ratios, debt service coverage ratios, debt yields and Cut-off Date Balance per Unit of Measure figures presented are based on Note A-1, Note A-2, Note A-3, Note A-4, and Note A-5 in the aggregate (the “Empire Mall Whole Loan”). Note A-2 represents a non-controlling interest in the Empire Mall Whole Loan.
   
  For mortgage loan #6 (Harbor Pointe Apartments), the mortgage loan is represented by Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $110,000,000.  Note A-1 is not included in the trust. All loan-to-value ratios, debt service coverage ratios, debt yields and Cut-off Date Balance per Unit of Measure figures presented are based on Note A-1 and Note A-2 in the aggregate (the “Harbor Pointe Apartments Whole Loan”). Note A-2 represents a non-controlling interest in the Harbor Pointe Apartments Whole Loan.

 

A-1-17
 

   
  For mortgage loan #7 (Heritage Industrial Portfolio), the mortgage loan is represented by Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $81,375,000.  Note A-2 is not included in the trust.  All loan-to-value ratios, debt service coverage ratios, debt yields and Cut-off Date Balance per Unit of Measure figures presented are based on Note A-1 and A-2 in the aggregate (the “Heritage Industrial Portfolio Whole Loan”). Note A-1 represents the controlling interest in the Heritage Industrial Portfolio Whole Loan.
   
  For mortgage loan #8 (Anchorage Marriott Downtown), the mortgage loan is represented by Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $75,853,035.  Note A-1 is not included in the trust. All loan-to-value ratios, debt service coverage ratios, debt yields and Cut-off Date Balance per Unit of Measure figures presented are based on Note A-1 and Note A-2 in the aggregate (the “Anchorage Marriott Downtown Whole Loan”). Note A-2 represents a non-controlling interest in the Anchorage Marriott Downtown Whole Loan.
   
  For mortgage loan #9 (Harvey Building Products Portfolio), the mortgage loan is represented by Note A-3, one of four pari passu notes, which have a combined Cut-off Date Balance of $109,742,575.  Note A-1, Note A-2-A and Note A-2-B are not included in the trust. All loan-to-value ratios, debt service coverage ratios, debt yields and Cut-off Date Balance per Unit figures presented are based on Note A-1, Note A-2-A, Note A-2-B and Note A-3 in the aggregate (the “Harvey Building Products Whole Loan”). Note A-3 represents a non-controlling interest in the Harvey Building Products Portfolio Whole Loan.
   
  For mortgage loan #10 (JW Marriott Santa Monica Le Merigot), the mortgage loan is represented by Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $62,324,606.  Note A-1 will not be included in the trust. All loan-to-value ratios, debt service coverage ratios, debt yields and Cut-off Date Balance per Unit of Measure figures presented are based on Note A-1 and Note A-2 in the aggregate (the “JW Marriott Santa Monica Le Merigot Whole Loan”). Note A-2 represents a non-controlling interest in the JW Marriott Santa Monica Le Merigot Whole Loan.
   
(6) For mortgage loan #6 (Harbor Pointe Apartments), the Appraised Value includes the present value of potential rent achievable from the conversion of the affordable units at the property in place under the terms of the payment in lieu of taxes (“PILOT”) program, assuming these units are converted to market rate rentals throughout the term of the mortgage loan.  Furthermore, the Appraised Value also assumes that rent loss is minimized with the new sponsorship in place. The appraised value assuming the PILOT conversion has not been completed is $154,000,000. The Cut-Off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $154,000,000 appraised value are 71.4% and 71.4%, respectively.
   
  For mortgage loan #7 (Heritage Industrial Portfolio), the Appraised Value reflects a pool level appraisal, which includes a diversity premium based on an assumption that all the mortgaged properties would be sold together as a portfolio.  The aggregate of the individual mortgaged properties appraised values is $108,500,000.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the combined “as-is” individual appraised value of $108,500,000 are 75.0% and 65.9% respectively.
   
  For mortgage loan #8 (Anchorage Marriott Downtown), the Appraised Value of $108,500,000 assumes the property has not stabilized. The appraised value assuming stabilization has occurred in 2017 is $119,500,000. The Cut-off Date LTV Ratio is based on the $108,500,000 Appraised Value, while the LTV Ratio at Maturity or ARD is based on the $119,500,000 stabilized appraised value. The LTV Ratio at Maturity or ARD based on the $108,500,000 Appraised value is 56.9%.
   
  For mortgage loan #11 (Keeper’s Self Storage Manhattan), the Appraised Value of $53,880,000 is based on its current use as a self storage facility.  As of the Appraisal Date the mortgaged property had an “as-is” value based on the property’s highest and best use as vacant land for development to a mixed-use property with commercial use on the 1st floor and residential uses above, of $62,110,000. The Cut-Off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $62,110,000 appraised value are 49.9% and 49.9%, respectively.

  

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  For mortgage loan #14 (Aloft Nashville West End), the Appraised Value assumes the franchisor-required property improvement plan as well as certain immediate repairs and certain capital expenditures are completed in 2016.  The appraised value assuming these items have not been completed is $40,800,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $40,800,000 appraised value are 60.3% and 55.3%, respectively.
   
  For mortgage loan #16 (Westgate Shopping Center), the Appraised Value assumes the Ann Arbor Public Library tenant’s improvements are completed and lease commences. Ann Arbor Public library has been a tenant at the property since 1983 and executed a lease in September 2015 to expand its space from 5,536 square feet to 21,914 square feet.  The appraised value assuming the tenant improvements are not completed or the lease has not commenced is $28,600,000. The Cut-Off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $28,600,000 appraised value are 76.9% and 68.0%, respectively.
   
(7) For mortgage loan #21 (Hayden’s Crossing), all loan-to-value ratios, debt service coverage ratios and debt yields are calculated assuming the whole loan amount of $13,550,000.  The Holdback can be disbursed in whole provided that the following conditions are satisfied; (i) written request for disbursement; (ii) no event of default; (iii) debt service coverage ratio of at least 1.15x; and (iv) the mortgaged property achieves a 95% occupancy and net rental collections of no less than $137,000 per month for three consecutive months. If the Holdback has not been released by November 5, 2017, the lender may apply 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 Holdback).  Assuming the full Holdback balance is applied to the full loan amount of $13,550,000, the Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Cut-off Date U/W NOI Debt Yield and Cut-off Date U/W NCF Debt Yield are 72.2%, 60.2%, 8.5% and 8.3%, respectively.
   
(8) For mortgage loan #6 (Harbor Pointe Apartments), the property is subject to a PILOT program agreement that expires in 2039 under which the borrowers do not pay real estate taxes and instead make quarterly payments to the city of Bayonne. There were originally sixteen units set aside as affordable units. Thirteen of those sixteen units are currently required to be offered as affordable units and three have been permitted to be offered at market rents.
   
(9) For mortgage loan #7 (Heritage Industrial Portfolio), the mortgage loan was underwritten at the portfolio level.
   
(10) 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 #2 (Empire Mall), the third largest tenant (100,790 square feet), representing 9.0% of net rentable square feet, may terminate its lease at any time, upon providing 180 days’ written notice.
   
  For mortgage loan #4 (Adler Office), the largest tenant (37,750 square feet), representing 9.7% of net rentable square feet, may terminate its lease without penalty upon six months’ written notice in the event a state-owned building becomes available to the largest tenant for occupancy. The third largest tenant (17,225 square feet), representing 4.4% of net rentable square feet, may terminate its lease upon 90 days’ written notice. The fourth largest tenant (15,887 square feet), representing 4.1% of net rentable square feet, has the right to terminate 10,843 square feet of its space on December 31, 2016, upon providing 120 days’ written notice and payment of a $49,484 termination fee.
   
  For mortgage loan #5 (Adler Industrial), the second largest tenant (11,900 square feet), representing 6.1% of net rentable square feet, may terminate its lease on 6,800 square feet of its space at any time with 90 days’ notice and 3,400 square feet of its space with 120 days’ notice.  The third largest tenant (10,773 square feet), representing 5.5% of net rentable square feet, may terminate its lease upon 120 days’ notice if the tenant’s funding from state and federal sources has been reduced by at least 20% from that which was established September 1, 2012.  The fourth largest tenant (8,418 square feet), representing 4.3% of net rentable square feet, may terminate

 

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  its lease effective August 31, 2018 upon providing 90 days’ written notice and payment of a $20,000 termination fee.
   
  For mortgage loan #19 (Columbine Place), the fourth largest tenant (12,226 square feet), representing 8.2% of net rentable square feet, may terminate its lease effective September 30, 2020 upon providing at least 9 months’ written notice.  The fifth largest tenant (12,203 square feet), representing 8.2% of net rentable square feet, may terminate its lease effective November 1, 2016 upon providing at least 6 months’ written notice.
   
  For mortgage loan #20 (2200 Harbor Boulevard), the third largest tenant (14,000 square feet), representing 7.4% of net rentable square feet, may terminate its lease if gross sales for the trailing twelve month period ending January 31, 2018 do not equal or exceed $1,500,000.  The third largest tenant must provide written notice within 60 days of January 31, 2018 and pay a termination fee equal to $75,000.
   
  For mortgage loan #27 (Valley View Business Center), the fourth largest tenant (4,560 square feet), representing 3.8% of net rentable square feet, may terminate its lease as of December 31, 2017 upon providing written notice by September 30, 2017.
   
  For mortgage loan #28 (Gallery Shopping Center), the largest tenant (45,647 square feet), representing 31.9% of net rentable square feet, has a right to terminate its lease by September 2020 if, during the trailing twelve month period ending July 2019, sales do not exceed $6,000,000. The largest tenant must notify the landlord of its intent to terminate within 60 days after July 31, 2019.
   
  For mortgage loan #31 (Sunset Plaza), the fourth largest tenant (7,000 square feet), representing 7.9% of net rentable square feet, has the right to terminate its lease if sales do not exceed $1,700,000 for the period of February 1, 2019 through January 31, 2020.
   
(11) 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.
   
  For mortgage loan #4 (Adler Office), the second largest tenant (27,580 square feet), representing 7.1% of net rentable square feet, recently took occupancy but is paying reduced rent through January 2016.
   
  For mortgage loan #20 (2200 Harbor Boulevard), the fourth largest tenant (6,939 square feet), representing 3.7% of net rentable square feet, has executed its lease but is currently building out its space.
   
  For mortgage loan #22 (2700 Blankenbaker), the largest tenant (54,500 square feet), representing 50.7% of net rentable square feet, has a rent abatement from June through July 2020.  A monthly $2,604 reserve will be collected through December 2019 to cover the outstanding rent abatement.
   
  For mortgage loan #60 (University Center South), the largest tenant (4,900 square feet), representing 11.3% of net rentable square feet, has abated rent through January 2016.
   
(12) For mortgage loan #7 (Heritage Industrial Portfolio), the fourth largest tenant in the mortgage loan portfolio (149,881 square feet), representing 5.8% of the net rentable square feet of the mortgage loan, subleases 4,900 square feet of its space at the 1001 & 1011 Air Park Drive mortgaged property to an affiliate for an annual base rent of $38,583 ($7.87 per square foot, expiring on June 30, 2018).
   
  For mortgage loan #9 (Harvey Building Products Portfolio), the sole tenant (2,046,119 square feet), representing 100.0% of the net rentable square feet, subleases 18,648 square feet of its space to three tenants: (i) 10,251 square feet for an annual base rent of $266,526 ($26.00 per square foot, expiring June 30, 2017); (ii) 4,947 square feet for an annual base rent of $118,728 ($24.00 per square foot, expiring April 3, 2018); and (iii) 3,450 square feet for an annual base rent of $74,773 ($21.67 per square foot, expiring April 30, 2016).

 

A-1-20
 

 

   
  For mortgage loan #16 (Westgate Shopping Center), the largest tenant (34,803 square feet), representing 20.0% of net rentable square feet, subleases 17,223 square feet for an annual base rent of $129,699 ($7.52 per square foot; expiring December 31, 2018).
   
  For mortgage loan #18 (Huntington Park Shopping Center), the largest tenant (49,860 square feet), representing 54.2% of net rentable square feet, subleases its entire space to the fifth largest tenant.  The fifth largest tenant (3,000 square feet), representing 3.3% of net rentable square feet, subleases 590 square feet for an annual base rent of $24,000 ($40.68 per square foot, expiring December 31, 2019).
   
(13) For mortgage loan #9 (Harvey Building Products Portfolio) the sole tenant is an affiliate of the borrower.
   
(14) For mortgage loan #4 (Adler Office), the fourth largest tenant (15,887 square feet), representing 4.1% of net rentable square feet, has multiple lease expirations as follows: 10,843 square feet expires December 31, 2017 and 5,044 square feet expires September 30, 2016.
   
  For mortgage loan #5 (Adler Industrial), the second largest tenant (11,900 square feet), representing 6.1% of net rentable square feet, has multiple lease expirations as follows: 5,100 square feet expires April 30, 2019; 3,400 square feet expires April 30, 2017; 1,700 square feet expires June 30, 2016; and 1,700 square feet expires February 28, 2019.
   
(15) For mortgage loan #3 (Pineapple Hotel Portfolio), the Monthly Replacement Reserve deposit is determined by the lender and is required to be equal to 1/12 of 4% of estimated total gross revenues pursuant to the borrower’s current fiscal year budget approved by the lender.
   
  For mortgage loan #14 (Aloft Nashville West End), the Monthly Replacement Reserve deposit may be adjusted based on information available to the lender and is required to be 1/12th of 4% of total gross revenues pursuant to the borrower’s budget for the current fiscal year approved by the lender.
   
  For mortgage loans #38 (Fairfield Inn & Suites Lumberton) and #46 (Hawthorn Suites Philadelphia), the Monthly Replacement Reserve is equal to the greater of: (i) 1/12th of 4% of the greater of: (a) the gross revenues generated during the 12 months preceding the end of the prior calendar quarter for which financial statements have been provided; and (b) the gross revenue projected in the then-effective approved annual budget for the 12 month period to which such approved annual budget relates; and (ii) the amount required to be reserved under the franchise agreement and management agreement for furniture, fixtures and equipment work.
   
  For mortgage loan #61 (Baymont Inn & Suites Las Vegas), the Monthly Replacement Reserve may be adjusted to 1/12th of 4% of the actual annual gross income at the lender’s discretion.
   
(16) For mortgage loan #22 (2700 Blankenbaker), the Other Escrow I (Monthly) ($) payment ends in December 2019.
   
(17) For mortgage loan #10 (JW Marriott Santa Monica Le Merigot), the current term of the ground lease expires on October 15, 2086, without any option to renew. The annual ground rent for the five year period ending on October 31, 2015 was $1,316,000. The annual rent to be paid by the lessee equals 9.0% of the fair market value of the JW Marriott Santa Monica Le Merigot mortgaged property with rent resets to occur every five years. An upfront escrow in the amount of $9,881,593 for a rent adjustment reserve is held as additional cash collateral for the JW Marriott Santa Monica Le Merigot Whole Loan until the determination of the new annual base rent pursuant to the terms of the ground lease.  After the ground rent determination date and provided that no event of default exists under the JW Marriott Santa Monica Le Merigot Whole Loan documents (i) the rent adjustment reserve surplus, as defined in the loan agreement, may be disbursed to the borrower, provided that, in the event that an event of default exists under the mezzanine loan documents, the rent adjustment reserve surplus will instead be paid to the mezzanine lender, and (ii) at the lender’s election, rent adjustment reserves remaining after deduction of the  rent adjustment reserve surplus may be used to pay down the JW Marriott Santa Monica Le Merigot Whole Loan rather than

 

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  be held as additional collateral.  If a portion of the reserve is used to pay down the JW Marriott Santa Monica Le Merigot Whole Loan, the mezzanine borrower is required to simultaneously proportionately pay down the mezzanine loan.
   
  For mortgage loan #13 (Home Depot Jamaica), there are six parcels of land owned by the borrower and three parcels owned by three different unrelated entities (which three parcels are ground leased to the borrower), and all nine parcels are ground leased/ground subleased to Home Depot U.S.A., Inc.(“Home Depot”), which owns the improvements. The ground lease between the unrelated entities and the borrower expires September 1, 2025. The ground lease/sublease between the borrower and Home Depot for all nine parcels expires June 28, 2025.
   
(18) For each of the mortgage loans #29 (Security Public Storage - Salinas), #44 (Security Public Storage - Pittsburg), #54 (Security Public Storage - Manteca) and #63 (Security Public Storage - Sacramento III), 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; and BACO Realty Corporation.
   

 

A-1-22