FWP 1 n716_anxa1-x3.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206582-03
     

 

 

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This material was prepared by sales, trading, banking or other non-research personnel of one of the following: Morgan Stanley & Co. LLC, Morgan Stanley & Co. International Limited, Morgan Stanley Japan Limited and/or Morgan Stanley Dean Witter Asia Limited (together with their affiliates, hereinafter “Morgan Stanley”), UBS Securities LLC (together with its affiliates, “UBS Securities”), KeyBanc Capital Markets Inc. (together with its affiliates, "KeyBanc"), and Natixis Securities Americas LLC (together with its affiliates, “Natixis”, and, collectively with Morgan Stanley, UBS Securities, and KeyBanc, the “Underwriters”). This material was not produced by an Underwriter’s research analyst, although it may refer to an Underwriter’s research analyst or research report. Unless otherwise indicated, these views (if any) are the author’s and may differ from those of the fixed income or equity research departments of the Underwriters or others in those firms.

 

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

                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Mortgage
Loan
Originator(1)
Mortgage
Loan Seller(1)
Original
Balance
Cut-off Date
Balance
Maturity/ARD
Balance
Cut-off Date
Balance per SF/
Units/Rooms/Pads
Loan Purpose Sponsor
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% MSBNA/CGMRC MSMCH $70,000,000 $70,000,000 $70,000,000 $374.87 Refinance Senior Housing Properties Trust
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% KeyBank KeyBank $70,000,000 $70,000,000 $63,524,660 $53.81 Refinance Strategic Storage Trust II, Inc.
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8% KeyBank KeyBank $6,017,192 $6,017,192 $5,460,573      
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7% KeyBank KeyBank $5,397,239 $5,397,239 $4,897,968      
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7% KeyBank KeyBank $5,141,963 $5,141,963 $4,666,306      
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5% KeyBank KeyBank $3,829,122 $3,829,122 $3,474,910      
Property   2.05 SSTII Self Storage - Aurora, CO 0.5% KeyBank KeyBank $3,537,379 $3,537,379 $3,210,154      
Property   2.06 SSTII Self Storage - Whittier, CA 0.5% KeyBank KeyBank $3,391,508 $3,391,508 $3,077,777      
Property   2.07 SSTII Self Storage - Foley, AL 0.4% KeyBank KeyBank $3,045,064 $3,045,064 $2,763,381      
Property   2.08 SSTII Self Storage - La Habra, CA 0.4% KeyBank KeyBank $2,698,619 $2,698,619 $2,448,984      
Property   2.09 SSTII Self Storage - Upland, CA 0.4% KeyBank KeyBank $2,662,152 $2,662,152 $2,415,890      
Property   2.10 SSTII Self Storage - Forestville, MD 0.4% KeyBank KeyBank $2,552,748 $2,552,748 $2,316,606      
Property   2.11 SSTII Self Storage - Troy, MI 0.3% KeyBank KeyBank $2,516,280 $2,516,280 $2,283,512      
Property   2.12 SSTII Self Storage - La Verne, CA 0.3% KeyBank KeyBank $2,333,941 $2,333,941 $2,118,040      
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3% KeyBank KeyBank $2,078,666 $2,078,666 $1,886,379      
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3% KeyBank KeyBank $2,023,965 $2,023,965 $1,836,738      
Property   2.15 SSTII Self Storage - Everett, WA 0.3% KeyBank KeyBank $2,005,731 $2,005,731 $1,820,191      
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3% KeyBank KeyBank $1,896,327 $1,896,327 $1,720,908      
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2% KeyBank KeyBank $1,750,456 $1,750,456 $1,588,530      
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2% KeyBank KeyBank $1,750,456 $1,750,456 $1,588,530      
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2% KeyBank KeyBank $1,732,222 $1,732,222 $1,571,983      
Property   2.20 SSTII Self Storage - Riverside, CA 0.2% KeyBank KeyBank $1,713,988 $1,713,988 $1,555,436      
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2% KeyBank KeyBank $1,695,754 $1,695,754 $1,538,889      
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2% KeyBank KeyBank $1,659,287 $1,659,287 $1,505,795      
Property   2.23 SSTII Self Storage - Littleton, CO 0.2% KeyBank KeyBank $1,604,584 $1,604,584 $1,456,152      
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2% KeyBank KeyBank $1,440,479 $1,440,479 $1,307,228      
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2% KeyBank KeyBank $1,239,906 $1,239,906 $1,125,209      
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2% KeyBank KeyBank $1,203,439 $1,203,439 $1,092,115      
Property   2.27 SSTII Self Storage - Tampa, FL 0.2% KeyBank KeyBank $1,203,439 $1,203,439 $1,092,115      
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1% KeyBank KeyBank $1,021,100 $1,021,100 $926,643      
Property   2.29 SSTII Self Storage - Chico, CA 0.1% KeyBank KeyBank $856,994 $856,994 $777,718      
Loan 7 3 132 West 27th Street 9.5% UBSRES/CCRE UBSRES $68,250,000 $68,250,000 $54,704,540 $335,463.26 Refinance Eytan Benyamin; Ken Haron; Yoav Haron; Joel Sussman; Ira Sussman; Robert Ezrapour
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% UBSRES UBSRES $56,500,000 $56,500,000 $46,017,383 $181.20 Refinance Phyllis Madonna
Property   4.01 Irish Hills Plaza 4.6% UBSRES UBSRES $32,800,000 $32,800,000 $26,714,516      
Property   4.02 Santa Maria Broadway Plaza 3.3% UBSRES UBSRES $23,700,000 $23,700,000 $19,302,867      
Loan   5 The 511 Building 6.9% UBSRES UBSRES $50,000,000 $50,000,000 $35,564,134 $169.34 Refinance Basant Kharbanda; Veena Kharbanda; Anupam Kharbanda; Varun Kharbanda
Loan   6 Fairfield Inn Times Square Fee 6.8% Natixis Natixis $49,000,000 $49,000,000 $49,000,000 $200,819.67 Refinance The Gehr Group, Inc.
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% Natixis Natixis $40,000,000 $40,000,000 $40,000,000 $262.33 Refinance Min Chae; Donald Chae
Loan   8 The Henry 4.2% UBSRES UBSRES $30,000,000 $29,945,904 $21,766,877 $97,226.96 Refinance Tae Woo Park
Loan   9 The Pinnacle at Bristol Phase II 3.1% KeyBank KeyBank $22,230,000 $22,230,000 $17,797,060 $181.67 Refinance Steven E. Johnson; Mac Two Realty Management, LLC; Octopus Two Realty Management, LLC
Loan   10 Gateway Plaza 2.3% KeyBank KeyBank $16,400,000 $16,400,000 $13,968,510 $137.48 Refinance David H. Paynter
Loan   11 Centre City Tower 2.3% UBSRES UBSRES $16,400,000 $16,384,935 $15,280,803 $57.92 Acquisition Vjekoslav Mikelic; Dubravka Mikelic; Edward Rivadeneira; King Penguin Opportunity Fund III LLC
Loan   12 Residence Inn - Downtown Clearwater 2.3% UBSRES UBSRES $16,275,000 $16,259,220 $13,575,525 $141,384.52 Acquisition Andrew Scarlett
Loan   13 Nameoki Commons 2.3% UBSRES UBSRES $16,250,000 $16,232,323 $13,347,780 $104.44 Refinance Mark Vakili (a/k/a Morteza Vakili); Mitra Vakili; Mark Vakili and Mitra Vakili as trustees of The Vakili Family Trust dated August 2, 1999
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% UBSRES UBSRES $15,800,000 $15,800,000 $11,528,052 $158,000.00 Refinance Noreen Martin
Loan   15 Newington Business Center 2.2% UBSRES UBSRES $15,715,000 $15,715,000 $13,476,763 $25.57 Acquisition Barry Friedman
Loan   16 Sprayberry Square 1.9% MSBNA MSMCH $13,750,000 $13,750,000 $10,850,883 $107.42 Refinance DLC Management Corporation
Loan 10 17 SpringHill Suites Louisville Airport 1.7% KeyBank KeyBank $12,125,000 $12,125,000 $8,850,066 $101,041.67 Refinance Various
Loan 11, 12 18 Sixty Soho 1.7% Natixis Natixis $12,419,146 $12,000,000 $12,000,000 $398,453.61 Refinance Michael Pomeranc; Lawrence Pomeranc; Jason Pomeranc
Loan   19 Stadium Plaza North 1.7% UBSRES UBSRES $12,000,000 $11,986,640 $9,824,468 $82.74 Refinance Gilbert Bates; Frederick Bowden
Loan 6, 13 20 Kansas IHG Portfolio 1.6% UBSRES UBSRES $11,600,000 $11,600,000 $8,122,267 $77,852.35 Refinance Minhas Ladiwalla; Zeenat Ladiwalla
Property   20.01 Holiday Inn Express - Wichita 0.8% UBSRES UBSRES $6,051,857 $6,051,857 $4,237,483      
Property   20.02 Holiday Inn Express - Hutchinson 0.8% UBSRES UBSRES $5,548,143 $5,548,143 $3,884,784      
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% UBSRES UBSRES $11,400,000 $11,400,000 $8,317,709 $211,111.11 Refinance Noreen Martin
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% UBSRES UBSRES $11,300,000 $11,300,000 $8,244,745 $161,428.57 Refinance Noreen Martin
Loan 6 23 Fred’s Portfolio 1.4% Natixis Natixis $10,120,600 $10,089,976 $8,459,933 $79.15 Acquisition Mark A. Mandelbaum
Property   23.01 Fred’s-Mansfield, LA 0.2% Natixis Natixis $1,682,702 $1,677,610 $1,406,591      
Property   23.02 Fred’s-Soperton, GA 0.2% Natixis Natixis $1,365,671 $1,361,539 $1,141,581      
Property   23.03 Fred’s-Haughton, LA 0.2% Natixis Natixis $1,355,220 $1,351,119 $1,132,845      
Property   23.04 Fred’s-Sterlington, LA 0.2% Natixis Natixis $1,219,349 $1,215,660 $1,019,269      
Property   23.05 Fred’s-Richton, MS 0.2% Natixis Natixis $1,184,511 $1,180,927 $990,147      
Property   23.06 Fred’s-Brinkley, AR 0.2% Natixis Natixis $1,167,092 $1,163,560 $975,586      
Property   23.07 Fred’s-Haynesville, LA 0.2% Natixis Natixis $1,153,156 $1,149,667 $963,937      
Property   23.08 Fred’s-Ringgold, LA 0.1% Natixis Natixis $992,899 $989,894 $829,976      
Loan   24 Martin Resorts - Paso Robles Inn 1.3% UBSRES UBSRES $9,400,000 $9,400,000 $6,858,461 $95,918.37 Refinance Noreen Martin
Loan   25 Mini Storage Depot 1.2% KeyBank KeyBank $8,475,000 $8,475,000 $7,144,749 $76.32 Acquisition Michael Berger
Loan   26 Hilton Garden Inn Kennett Square 1.0% MSBNA MSMCH $7,150,000 $7,150,000 $5,226,766 $77,717.39 Refinance Ronald E. Schafer; Stephen S. Silver
Loan 14 27 Bonanza Shopping Center 0.8% UBSRES UBSRES $6,050,000 $6,050,000 $4,481,180 $86.82 Refinance John P. Walsh; John P. Walsh And Chanida Walsh As Trustees Of The Walsh Trust Dated August 6, 1998
Loan   28 Woodland Village Apartments 0.7% UBSRES UBSRES $5,200,000 $5,200,000 $4,273,268 $54,166.67 Refinance Thomas L. Bradford; Denver Ralph Huff, III
Loan   29 Martin Resorts - The Inn at the Cove 0.7% UBSRES UBSRES $5,100,000 $5,100,000 $3,721,080 $98,076.92 Refinance Noreen Martin
Loan   30 Oak Creek Apartments 0.7% Natixis Natixis $4,987,500 $4,954,041 $4,225,933 $23,258.41 Acquisition Gary E. Evans, Jr.; Jonathan R. Towell
Loan   31 Chesapeake Square 0.6% KeyBank KeyBank $4,600,000 $4,600,000 $3,752,801 $46.07 Refinance Wheeler Real Estate Investment Trust, Inc.
Loan   32 Great Falls Plaza 0.6% Natixis Natixis $4,175,000 $4,175,000 $3,437,557 $34.61 Refinance Faige Shemtov; Ellie Kovalenko
Loan   33 321 West Geer Street 0.6% KeyBank KeyBank $4,000,000 $4,000,000 $3,268,735 $114.29 Refinance Gregory P. Hatem; William G. Ransdell, III
Loan   34 Carnegie Corporate Plaza 0.4% KeyBank KeyBank $3,150,000 $3,150,000 $2,574,129 $39.87 Refinance Carnegie Properties, Inc.
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% KeyBank KeyBank $2,860,000 $2,860,000 $2,514,151 $169.51 Acquisition Four Springs Capital Trust; Four Springs Capital Trust Operating Partnership, L.P.
Loan   36 2074-2100 Park Street 0.4% Natixis Natixis $2,750,000 $2,743,746 $2,265,034 $59.33 Refinance Carlos Mouta
Loan   37 StaxUp Self Storage - Calexico 0.4% KeyBank KeyBank $2,604,000 $2,592,877 $2,416,027 $44.38 Recapitalization Donald R. Clauson
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% KeyBank KeyBank $2,340,000 $2,340,000 $2,057,033 $139.51 Acquisition Four Springs Capital Trust; Four Springs Capital Trust Operating Partnership, L.P.

 

A-1-1

 

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

 

              MORTGAGED PROPERTY CHARACTERISTICS        
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Non-Recourse Carveout Guarantor   No. of
Properties
General Property Type Detailed Property Type Title Type

 

Ground Lease
Initial Lease
Expiration Date

Address City
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% Senior Housing Properties Trust   1 Office CBD Fee N/A 11 Fan Pier Boulevard & 50 Northern Avenue Boston
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% Strategic Storage Trust II, Inc.   29 Self Storage Self Storage        
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%     1 Self Storage Self Storage Fee N/A 3101 South Federal Highway Boynton Beach
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%     1 Self Storage Self Storage Fee N/A 3937 Santa Rosa Avenue Santa Rosa
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%     1 Self Storage Self Storage Fee N/A 7611 Talbert Avenue Huntington Beach
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%     1 Self Storage Self Storage Fee N/A 4200 Westminster Avenue Santa Ana
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%     1 Self Storage Self Storage Fee N/A 435 Airport Boulevard Aurora
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%     1 Self Storage Self Storage Fee N/A 10231 South Colima Road Whittier
Property   2.07 SSTII Self Storage - Foley, AL 0.4%     1 Self Storage Self Storage Fee N/A 8141 Highway 59 South Foley
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%     1 Self Storage Self Storage Fee N/A 580 East Lambert Road La Habra
Property   2.09 SSTII Self Storage - Upland, CA 0.4%     1 Self Storage Self Storage Fee N/A 1571 West Foothill Boulevard Upland
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%     1 Self Storage Self Storage Fee N/A 4100 Forestville Road District Heights
Property   2.11 SSTII Self Storage - Troy, MI 0.3%     1 Self Storage Self Storage Fee N/A 262 East Maple Road Troy
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%     1 Self Storage Self Storage Fee N/A 2234 Arrow Highway La Verne
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%     1 Self Storage Self Storage Fee N/A 517 North 8th Street Lompoc
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%     1 Self Storage Self Storage Fee N/A 2998 Rockville Road Fairfield
Property   2.15 SSTII Self Storage - Everett, WA 0.3%     1 Self Storage Self Storage Fee N/A 10919 Evergreen Way Everett
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%     1 Self Storage Self Storage Fee N/A 404 Potrero Grande Monterey Park
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%     1 Self Storage Self Storage Fee N/A 240 West Army Trail Road Bloomingdale
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%     1 Self Storage Self Storage Fee N/A 8920 Federal Boulevard Federal Heights
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%     1 Self Storage Self Storage Fee N/A 43707 North Sierra Highway Lancaster
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%     1 Self Storage Self Storage Fee N/A 6667 Van Buren Boulevard Riverside
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%     1 Self Storage Self Storage Fee N/A 42557 Van Dyke Avenue Sterling Heights
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%     1 Self Storage Self Storage Fee N/A 24623 Ryan Road Warren
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%     1 Self Storage Self Storage Fee N/A 3757 Norwood Drive Littleton
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%     1 Self Storage Self Storage Fee N/A 27203 Groesbeck Highway Warren
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%     1 Self Storage Self Storage Fee N/A 43745 North Sierra Highway Lancaster
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%     1 Self Storage Self Storage Fee N/A 4747 West Calumet Sag Road Crestwood
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%     1 Self Storage Self Storage Fee N/A 9823 West Hillsborough Avenue Tampa
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%        1 Self Storage Self Storage Fee N/A 4233 Route 130 Beverly
Property   2.29 SSTII Self Storage - Chico, CA 0.1%     1 Self Storage Self Storage Fee N/A 3860 Benatar Way Chico
Loan 7 3 132 West 27th Street 9.5% Joel Sussman; Ira Sussman; KERY Managed Equities LLC   1 Other Net Lease Fee N/A 132 West 27th Street New York
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% Phyllis Madonna   2 Retail Anchored        
Property   4.01 Irish Hills Plaza 4.6%     1 Retail Anchored Fee N/A 1501-1541 Froom Ranch Way San Luis Obispo
Property   4.02 Santa Maria Broadway Plaza 3.3%     1 Retail Anchored Fee N/A 1318-1482 South Broadway Santa Maria
Loan   5 The 511 Building 6.9% Basant Kharbanda; Veena Kharbanda; Anupam Kharbanda; Varun Kharbanda   1 Office Data Center Fee N/A 511 11th Avenue South Minneapolis
Loan   6 Fairfield Inn Times Square Fee 6.8% The Gehr Group, Inc.   1 Other Leased Fee Fee N/A 330 West 40th Street New York
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% Min Chae; Donald Chae   1 Retail Anchored Fee N/A 3100 East Imperial Highway Lynwood
Loan   8 The Henry 4.2% Tae Woo Park   1 Hospitality Full Service Fee N/A 300 Town Center Drive Dearborn
Loan   9 The Pinnacle at Bristol Phase II 3.1% Steven E. Johnson; Mac Two Realty Management, LLC; Octopus Two Realty Management, LLC   1 Retail Shadow Anchored Fee N/A 532, 546, 554, 562, 574, & 580 Pinnacle Parkway Bristol
Loan   10 Gateway Plaza 2.3% David H. Paynter   1 Retail Anchored Fee N/A 3637-3751 South Mooney Boulevard Visalia
Loan   11 Centre City Tower 2.3% Vjekoslav Mikelic; Dubravka Mikelic; Edward Rivadeneira; King Penguin Opportunity Fund III LLC   1 Office CBD Fee N/A 650 Smithfield Street Pittsburgh
Loan   12 Residence Inn - Downtown Clearwater 2.3% Joseph H. Scarlett   1 Hospitality Extended Stay Fee N/A 940 Court Street Clearwater
Loan   13 Nameoki Commons 2.3% Mark Vakili (a/k/a Morteza Vakili); Mitra Vakili; Mark Vakili and Mitra Vakili as trustees of The Vakili Family Trust dated August 2, 1999   1 Retail Anchored Fee N/A 3401-3551 Nameoki Road Granite City
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% Noreen Martin   1 Hospitality Limited Service Fee N/A 2555 Price Street Pismo Beach
Loan   15 Newington Business Center 2.2% Barry Friedman   1 Industrial Warehouse Fee N/A 475 Willard Avenue Newington
Loan   16 Sprayberry Square 1.9% Delphi Commercial Properties, Inc.; DLC Management Corporation   1 Retail Anchored Fee N/A 2550 Sandy Plains Road Marietta
Loan 10 17 SpringHill Suites Louisville Airport 1.7% Various   1 Hospitality Limited Service Fee N/A 820 Phillips Lane Louisville
Loan 11, 12 18 Sixty Soho 1.7% Michael Pomeranc; Lawrence Pomeranc; Jason Pomeranc   1 Hospitality Full Service Fee N/A 60 Thompson Street New York
Loan   19 Stadium Plaza North 1.7% Gilbert Bates; Frederick Bowden   1 Industrial Flex Fee N/A 8333 & 8351 Rochester Avenue, 11966 & 11996 Jack Benny Drive Rancho Cucamonga
Loan 6, 13 20 Kansas IHG Portfolio 1.6% Minhas Ladiwalla; Zeenat Ladiwalla   2 Hospitality Limited Service        
Property   20.01 Holiday Inn Express - Wichita 0.8%     1 Hospitality Limited Service Fee and Leasehold 12/1/2021 10750 Hampton Lakes Maize
Property   20.02 Holiday Inn Express - Hutchinson 0.8%     1 Hospitality Limited Service Fee N/A 911 Porter Street Hutchinson
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% Noreen Martin   1 Hospitality Limited Service Fee N/A 550 Front Street Avila Beach
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% Noreen Martin   1 Hospitality Limited Service Fee N/A 2411 Price Street Pismo Beach
Loan 6 23 Fred’s Portfolio 1.4% Mark A. Mandelbaum   8 Retail Single Tenant        
Property   23.01 Fred’s-Mansfield, LA 0.2%     1 Retail Single Tenant Fee N/A 400 Washington Avenue Mansfield
Property   23.02 Fred’s-Soperton, GA 0.2%     1 Retail Single Tenant Fee N/A 4629 West Main Street Soperton
Property   23.03 Fred’s-Haughton, LA 0.2%     1 Retail Single Tenant Fee N/A 400 West McKinley Avenue Haughton
Property   23.04 Fred’s-Sterlington, LA 0.2%     1 Retail Single Tenant Fee N/A 1320 Highway 2 Sterlington
Property   23.05 Fred’s-Richton, MS 0.2%     1 Retail Single Tenant Fee N/A 403 Front Street South Richton
Property   23.06 Fred’s-Brinkley, AR 0.2%     1 Retail Single Tenant Fee N/A 1311 North Charlyne Street Brinkley
Property   23.07 Fred’s-Haynesville, LA 0.2%     1 Retail Single Tenant Fee N/A 9270 Highway 79 Haynesville
Property   23.08 Fred’s-Ringgold, LA 0.1%     1 Retail Single Tenant Fee N/A 2866 Bienville Road Ringgold
Loan   24 Martin Resorts - Paso Robles Inn 1.3% Noreen Martin   1 Hospitality Full Service Fee N/A 1103 Spring Street Paso Robles
Loan   25 Mini Storage Depot 1.2% Michael Berger   1 Self Storage Self Storage Fee N/A 46550 Pontiac Trail Walled Lake
Loan   26 Hilton Garden Inn Kennett Square 1.0% Stephen S. Silver; Ronald E. Schafer   1 Hospitality Select Service Fee N/A 815 East Baltimore Pike East Marlborough Township
Loan 14 27 Bonanza Shopping Center 0.8% John P. Walsh; John P. Walsh And Chanida Walsh As Trustees Of The Walsh Trust Dated August 6, 1998   1 Retail Anchored Fee and Leasehold 1/31/2057 1830 & 1930 Clovis Avenue Clovis
Loan   28 Woodland Village Apartments 0.7% Thomas L. Bradford; Denver Ralph Huff, III   1 Multifamily Garden Fee N/A 1916 Rayconda Road Fayetteville
Loan   29 Martin Resorts - The Inn at the Cove 0.7% Noreen Martin   1 Hospitality Limited Service Fee N/A 2651 Price Street Pismo Beach
Loan   30 Oak Creek Apartments 0.7% Gary E. Evans, Jr.; Jonathan R. Towell   1 Multifamily Garden Fee N/A 5817 22nd Street Lubbock
Loan   31 Chesapeake Square 0.6% Wheeler Real Estate Investment Trust, Inc.   1 Retail Anchored Fee N/A 25102 Lankford Highway Onley
Loan   32 Great Falls Plaza 0.6% Faige Shemtov; Ellie Kovalenko   1 Retail Anchored Fee N/A 1201 Julian R Allsbrook Highway Roanoke Rapids
Loan   33 321 West Geer Street 0.6% Gregory P. Hatem; William G. Ransdell, III   1 Mixed Use Retail/Industrial/Office Fee N/A 321 West Geer Street & 726 Rigsbee Avenue Durham
Loan   34 Carnegie Corporate Plaza 0.4% Carnegie Properties, Inc.   1 Industrial Office/Warehouse Fee N/A 6180 & 6190 Cochran Road Solon
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% Four Springs Capital Trust; Four Springs Capital Trust Operating Partnership, L.P.   1 Office Medical Fee N/A 2710 Avenue Q Lubbock
Loan   36 2074-2100 Park Street 0.4% Carlos Mouta   1 Mixed Use Office/Retail Fee N/A 2074 Park Street Hartford
Loan   37 StaxUp Self Storage - Calexico 0.4% Donald R. Clauson   1 Self Storage Self Storage Fee N/A 95 East U.S. Highway 98 Calexico
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% Four Springs Capital Trust; Four Springs Capital Trust Operating Partnership, L.P.   1 Office Medical Fee N/A 1425 East Main Street Carbondale

 

A-1-2

 

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

 

          MORTGAGED PROPERTY CHARACTERISTICS               MORTGAGE LOAN CHARACTERISTICS
                                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
County State Zip Code Year Built Year Renovated Size Units of
Measure
Occupancy
Rate
Occupancy Rate
As-of Date
Appraised
Value
Appraised Value
As-of Date
  Mortgage
Rate
Administrative
Fee Rate(2)
Master Servicing
Fee Rate
Primary Servicing
Fee Rate
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% Suffolk MA 02210 2013 N/A 1,133,723 SF 99.9% 4/30/2016 $1,198,000,000 6/3/2016   2.798% 0.01453% 0.00250% 0.00000%
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7%           1,765,551   89.6%   $211,000,000 6/30/2016   3.890% 0.02739% 0.00250% 0.01000%
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8% Palm Beach FL 33483 2004 N/A 74,464 SF 88.5% 5/31/2016 $16,500,000 6/22/2016          
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7% Sonoma CA 95407 1982 N/A 116,625 SF 89.4% 5/31/2016 $14,800,000 6/17/2016          
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7% Orange CA 92648 1986 N/A 60,936 SF 91.7% 5/31/2016 $14,100,000 6/16/2016          
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5% Orange CA 92703 1978 N/A 84,397 SF 95.8% 5/31/2016 $10,500,000 6/16/2016          
Property   2.05 SSTII Self Storage - Aurora, CO 0.5% Arapahoe CO 80011 1984 N/A 87,434 SF 69.8% 5/31/2016 $9,700,000 6/27/2016          
Property   2.06 SSTII Self Storage - Whittier, CA 0.5% Los Angeles CA 90603 1990 N/A 58,530 SF 96.3% 5/31/2016 $9,300,000 6/23/2016          
Property   2.07 SSTII Self Storage - Foley, AL 0.4% Baldwin AL 36535 1994 2007 141,576 SF 92.5% 5/31/2016 $8,350,000 6/20/2016          
Property   2.08 SSTII Self Storage - La Habra, CA 0.4% Orange CA 90631 1981 N/A 51,402 SF 93.7% 5/31/2016 $7,400,000 6/23/2016          
Property   2.09 SSTII Self Storage - Upland, CA 0.4% San Bernardino CA 91786 1979 N/A 57,832 SF 93.9% 5/31/2016 $7,300,000 6/23/2016          
Property   2.10 SSTII Self Storage - Forestville, MD 0.4% Prince George’s MD 20747 1988 N/A 55,253 SF 87.1% 5/31/2016 $7,000,000 6/23/2016          
Property   2.11 SSTII Self Storage - Troy, MI 0.3% Oakland MI 48083 1988 N/A 73,940 SF 87.5% 5/31/2016 $6,900,000 6/27/2016          
Property   2.12 SSTII Self Storage - La Verne, CA 0.3% Los Angeles CA 91750 1985 N/A 49,782 SF 92.9% 5/31/2016 $6,400,000 6/23/2016          
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3% Santa Barbara CA 93436 1982 N/A 46,412 SF 88.5% 5/31/2016 $5,700,000 6/18/2016          
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3% Solano CA 94534 1984 N/A 41,010 SF 92.8% 5/31/2016 $5,550,000 6/17/2016          
Property   2.15 SSTII Self Storage - Everett, WA 0.3% Snohomish WA 98204 1986 2015 47,199 SF 94.0% 5/31/2016 $5,500,000 6/22/2016          
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3% Los Angeles CA 91755 1987 N/A 31,230 SF 92.3% 5/31/2016 $5,200,000 6/23/2016          
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2% Du Page IL 60108 1987 N/A 58,304 SF 90.9% 5/31/2016 $4,800,000 6/22/2016          
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2% Adams CO 80260 1983 N/A 41,044 SF 93.5% 5/31/2016 $4,800,000 6/27/2016          
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2% Los Angeles CA 93534 1991 N/A 71,865 SF 95.4% 5/31/2016 $4,750,000 6/16/2016          
Property   2.20 SSTII Self Storage - Riverside, CA 0.2% Riverside CA 92503 1985 N/A 61,460 SF 96.8% 5/31/2016 $4,700,000 6/23/2016          
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2% Macomb MI 48314 1977 N/A 58,820 SF 84.3% 5/31/2016 $4,650,000 6/27/2016          
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2% Macomb MI 48091 1987 N/A 52,078 SF 85.2% 5/31/2016 $4,550,000 6/27/2016          
Property   2.23 SSTII Self Storage - Littleton, CO 0.2% Douglas CO 80125 1985 N/A 38,532 SF 81.6% 5/31/2016 $4,400,000 6/27/2016          
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2% Macomb MI 48089 1987 N/A 57,260 SF 89.8% 5/31/2016 $3,950,000 6/27/2016          
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2% Los Angeles CA 93534 1980 N/A 58,894 SF 88.5% 5/31/2016 $3,400,000 6/16/2016          
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2% Cook IL 60445 1987 N/A 49,322 SF 83.7% 5/31/2016 $3,300,000 6/22/2016          
Property   2.27 SSTII Self Storage - Tampa, FL 0.2% Hillsborough FL 33615 1985 N/A 50,070 SF 87.8% 5/31/2016 $3,300,000 6/23/2016          
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1% Burlington NJ 08010 1989 N/A 50,805 SF 78.8% 5/31/2016 $2,800,000 6/21/2016          
Property   2.29 SSTII Self Storage - Chico, CA 0.1% Butte CA 95928 1984 N/A 39,075 SF 98.9% 5/31/2016 $2,350,000 6/24/2016          
Loan 7 3 132 West 27th Street 9.5% New York NY 10001 2016 N/A 313 Rooms N/A N/A $222,000,000 6/8/2016   4.184% 0.01996% 0.00250% 0.00250%
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8%           311,816   99.3%   $86,100,000     4.650% 0.01703% 0.00250% 0.00250%
Property   4.01 Irish Hills Plaza 4.6% San Luis Obispo CA 93405 2007-2010 N/A 138,297 SF 98.4% 6/30/2016 $50,000,000 6/15/2016          
Property   4.02 Santa Maria Broadway Plaza 3.3% Santa Barbara CA 93454 1967 2003 173,519 SF 100.0% 3/31/2016 $36,100,000 5/8/2016          
Loan   5 The 511 Building 6.9% Hennepin MN 55415 1982 2001 295,259 SF 76.6% 7/29/2016 $111,500,000 6/15/2016   3.600% 0.01703% 0.00250% 0.00250%
Loan   6 Fairfield Inn Times Square Fee 6.8% New York NY 10018 2006, 2009 2011, 2016 244 Rooms N/A N/A $82,400,000 5/17/2016   4.262% 0.01703% 0.00250% 0.00250%
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% Los Angeles   CA 90262 1974, 1988 2003-2005 404,064 SF 90.9% 6/1/2016 $184,000,000 3/16/2016   4.598% 0.02203% 0.00250% 0.00250%
Loan   8 The Henry 4.2% Wayne MI 48126 1989 2010-2015 308 Rooms 76.1% 5/31/2016 $65,000,000 5/24/2016   4.100% 0.01703% 0.00250% 0.00250%
Loan   9 The Pinnacle at Bristol Phase II 3.1% Sullivan TN 37620 2015-2016 N/A 122,365 SF 95.8% 7/28/2016 $34,200,000 6/27/2016   4.150% 0.02453% 0.00250% 0.01000%
Loan   10 Gateway Plaza 2.3% Tulare CA 93277 1986 2012-2015 119,290 SF 100.0% 7/20/2016 $22,000,000 7/7/2016   4.320% 0.07453% 0.00250% 0.06000%
Loan   11 Centre City Tower 2.3% Allegheny PA 15222 1970 1997 282,881 SF 80.2% 4/30/2016 $22,300,000 4/22/2016   5.600% 0.01703% 0.00250% 0.00250%
Loan   12 Residence Inn - Downtown Clearwater 2.3% Pinellas FL 33756 2008 2014 115 Rooms 89.1% 4/30/2016 $24,500,000 5/25/2016   5.382% 0.01703% 0.00250% 0.00250%
Loan   13 Nameoki Commons 2.3% Madison IL 62040 1969, 1986, 2004-2005 N/A 155,421 SF 95.6% 5/16/2016 $22,500,000 4/22/2016   4.900% 0.01703% 0.00250% 0.00250%
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% San Luis Obispo CA 93449 1970 2016 100 Rooms 80.9% 3/31/2016 $37,200,000 4/26/2016   4.250% 0.01703% 0.00250% 0.00250%
Loan   15 Newington Business Center 2.2% Hartford CT 06111 1956, 2000, 2006, 2008 1998, 2012-2015 614,600 SF 93.7% 6/7/2016 $22,400,000 6/8/2016   4.570% 0.01703% 0.00250% 0.00250%
Loan   16 Sprayberry Square 1.9% Cobb GA 30066 1987-1988 2008 128,000 SF 78.4% 6/14/2016 $20,025,000 6/16/2016   3.750% 0.01703% 0.00250% 0.00250%
Loan 10 17 SpringHill Suites Louisville Airport 1.7% Jefferson KY 40209 2007 2015 120 Rooms 73.5% 5/31/2016 $22,400,000 6/30/2016   4.260% 0.02453% 0.00250% 0.01000%
Loan 11, 12 18 Sixty Soho 1.7% New York NY 10013 2000-2001 2014-2015 97 Rooms 87.3% 6/30/2016 $80,900,000 5/10/2016   4.725% 0.01453% 0.00250% 0.00250%
Loan   19 Stadium Plaza North 1.7% San Bernardino CA 91730 2006 N/A 144,867 SF 96.9% 6/23/2016 $21,500,000 5/19/2016   4.800% 0.01703% 0.00250% 0.00250%
Loan 6, 13 20 Kansas IHG Portfolio 1.6%           149   64.5%   $18,400,000     5.036% 0.01703% 0.00250% 0.00250%
Property   20.01 Holiday Inn Express - Wichita 0.8% Sedgwick KS 67101 2011 N/A 73 Rooms 68.3% 6/30/2016 $8,600,000 6/27/2016          
Property   20.02 Holiday Inn Express - Hutchinson 0.8% Reno KS 67501 2014-2015 N/A 76 Rooms 60.9% 6/30/2016 $9,800,000 5/12/2016          
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% San Luis Obispo CA 93424 2005 N/A 54 Rooms 72.3% 3/31/2016 $26,700,000 4/26/2016   4.250% 0.01703% 0.00250% 0.00250%
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% San Luis Obispo CA 93449 1984, 1988 2002 70 Rooms 73.7% 3/31/2016 $33,600,000 4/26/2016   4.250% 0.01703% 0.00250% 0.00250%
Loan 6 23 Fred’s Portfolio 1.4%           127,482   100.0%   $14,525,000     5.450% 0.01703% 0.00250% 0.00250%
Property   23.01 Fred’s-Mansfield, LA 0.2% De Soto Parish LA 71052 2015 NAP 16,799 SF 100.0% 8/5/2016 $2,415,000 1/22/2016          
Property   23.02 Fred’s-Soperton, GA 0.2% Treutlen GA 30457 2014 NAP 16,799 SF 100.0% 8/5/2016 $1,960,000 1/21/2016          
Property   23.03 Fred’s-Haughton, LA 0.2% Bossier Parish LA 71037 2011 NAP 16,471 SF 100.0% 8/5/2016 $1,945,000 1/22/2016          
Property   23.04 Fred’s-Sterlington, LA 0.2% Ouachita Parish LA 71280 2011 NAP 16,471 SF 100.0% 8/5/2016 $1,750,000 1/22/2016          
Property   23.05 Fred’s-Richton, MS 0.2% Perry MS 39476 2011 NAP 16,471 SF 100.0% 8/5/2016 $1,700,000 1/21/2016          
Property   23.06 Fred’s-Brinkley, AR 0.2% Monroe AR 72021 2010 NAP 16,000 SF 100.0% 8/5/2016 $1,675,000 1/16/2016          
Property   23.07 Fred’s-Haynesville, LA 0.2% Claiborne Parish LA 71038 2011 NAP 16,471 SF 100.0% 8/5/2016 $1,655,000 1/23/2016          
Property   23.08 Fred’s-Ringgold, LA 0.1% Bienville Parish LA 71068 2010 NAP 12,000 SF 100.0% 8/5/2016 $1,425,000 1/22/2016          
Loan   24 Martin Resorts - Paso Robles Inn 1.3% San Luis Obispo CA 93446 1941-1942 2000-2002, 2005 98 Rooms 70.3% 3/31/2016 $25,300,000 4/26/2016   4.250% 0.01703% 0.00250% 0.00250%
Loan   25 Mini Storage Depot 1.2% Oakland MI 48390 2004 N/A 111,050 SF 98.7% 5/23/2016 $11,300,000 6/14/2016   4.880% 0.06453% 0.00250% 0.05000%
Loan   26 Hilton Garden Inn Kennett Square 1.0% Chester PA 19348 2001 2010 - 2015 92 Rooms 73.4% 5/31/2016 $12,900,000 6/15/2016   4.300% 0.01703% 0.00250% 0.00250%
Loan 14 27 Bonanza Shopping Center 0.8% Fresno CA 93612 1960-1964 1987 69,684 SF 79.7% 7/1/2016 $8,390,000 6/20/2016   4.650% 0.01703% 0.00250% 0.00250%
Loan   28 Woodland Village Apartments 0.7% Cumberland NC 28304 2006 N/A 96 Units 95.8% 7/14/2016 $6,950,000 6/3/2016   4.921% 0.01703% 0.00250% 0.00250%
Loan   29 Martin Resorts - The Inn at the Cove 0.7% San Luis Obispo CA 93449 1986 2014 52 Rooms 74.4% 6/30/2015 $16,700,000 4/26/2016   4.250% 0.01703% 0.00250% 0.00250%
Loan   30 Oak Creek Apartments 0.7% Lubbock TX 79407 1960, 1972-1978 2011, 2015 213 Units 90.6% 5/31/2016 $6,700,000 11/6/2015   5.903% 0.01703% 0.00250% 0.00250%
Loan   31 Chesapeake Square 0.6% Accomack VA 23418 1987 N/A 99,848 SF 76.2% 7/7/2016 $6,600,000 6/3/2016   4.700% 0.02453% 0.00250% 0.01000%
Loan   32 Great Falls Plaza 0.6% Halifax NC 27870 1987 1996 120,624 SF 95.4% 6/1/2016 $6,500,000 7/1/2016   4.980% 0.01703% 0.00250% 0.00250%
Loan   33 321 West Geer Street 0.6% Durham NC 27701 1939 2006; 2013; 2015 35,000 SF 100.0% 6/13/2016 $6,890,000 6/20/2016   4.750% 0.02453% 0.00250% 0.01000%
Loan   34 Carnegie Corporate Plaza 0.4% Cuyahoga OH 44139 1982; 2000 2011-2012 79,014 SF 88.2% 7/1/2016 $5,400,000 6/16/2016   4.750% 0.02453% 0.00250% 0.01000%
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% Lubbock TX 79411 1966 2013 16,872 SF 100.0% 8/1/2016 $5,415,000 7/5/2016   4.600% 0.02453% 0.00250% 0.01000%
Loan   36 2074-2100 Park Street 0.4% Hartford CT 06106 1920, 1985 2005 46,245 SF 88.3% 7/14/2016 $3,700,000 12/15/2015   4.990% 0.01703% 0.00250% 0.00250%
Loan   37 StaxUp Self Storage - Calexico 0.4% Imperial CA 92231 1985 1993 58,425 SF 89.7% 5/26/2016 $3,720,000 9/15/2015   5.310% 0.02453% 0.00250% 0.01000%
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% Jackson IL 62901 1999 2013 16,773 SF 100.0% 8/1/2016 $4,250,000 6/30/2016   4.600% 0.02453% 0.00250% 0.01000%

 

A-1-3

 

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

 

          MORTGAGE LOAN CHARACTERISTICS
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Pari Passu
Loan Primary Servicing
Fee Rate
Trustee
Fee Rate
Trust Advisor
Fee Rate
Asset Representations Reviewer Fee Rate CREFC
Fee Rate
Interest
Accrual  
Basis
Seasoning
(mos.)
ARD
(Yes/No)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
Original Interest-Only Period (mos.) Remaining
Interest-Only

Period (mos.)
Original
Amortization
Term (mos.)
Remaining
Amortization

Term (mos.)
Note Date First
Payment
Date
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% 0.00250% 0.00834% 0.00000% 0.00069% 0.00050% Actual/360 0 Yes 120 120 120 120 0 0 7/15/2016 9/6/2016
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% 0.00000% 0.00834% 0.00536% 0.00069% 0.00050% Actual/360 0 No 120 120 60 60 360 360 7/28/2016 9/1/2016
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%                                
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%                                
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%                                
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%                                
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%                                
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%                                
Property   2.07 SSTII Self Storage - Foley, AL 0.4%                                
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%                                
Property   2.09 SSTII Self Storage - Upland, CA 0.4%                                
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%                                
Property   2.11 SSTII Self Storage - Troy, MI 0.3%                                
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%                                
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%                                
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%                                
Property   2.15 SSTII Self Storage - Everett, WA 0.3%                                
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%                                
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%                                
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%                                
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%                                
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%                                
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%                                
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%                                
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%                                
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%                                
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%                                
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%                                
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%                                
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%                                
Property   2.29 SSTII Self Storage - Chico, CA 0.1%                                
Loan 7 3 132 West 27th Street 9.5% 0.00000% 0.00834% 0.00543% 0.00069% 0.00050% Actual/360 0 Yes 120 120 0 0 360 360 8/3/2016 9/6/2016
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 7/28/2016 9/6/2016
Property   4.01 Irish Hills Plaza 4.6%                                
Property   4.02 Santa Maria Broadway Plaza 3.3%                                
Loan   5 The 511 Building 6.9% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/29/2016 9/6/2016
Loan   6 Fairfield Inn Times Square Fee 6.8% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 120 120 0 0 7/6/2016 9/5/2016
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% 0.00000% 0.00834% 0.00750% 0.00069% 0.00050% Actual/360 1 No 60 59 60 59 0 0 6/16/2016 8/5/2016
Loan   8 The Henry 4.2% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 1 No 120 119 0 0 300 299 6/30/2016 8/6/2016
Loan   9 The Pinnacle at Bristol Phase II 3.1% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 7/29/2016 9/1/2016
Loan   10 Gateway Plaza 2.3% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 24 24 360 360 7/29/2016 9/1/2016
Loan   11 Centre City Tower 2.3% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 1 No 60 59 0 0 360 359 6/30/2016 8/6/2016
Loan   12 Residence Inn - Downtown Clearwater 2.3% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 1 No 120 119 0 0 360 359 6/23/2016 8/6/2016
Loan   13 Nameoki Commons 2.3% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 1 No 120 119 0 0 360 359 6/30/2016 8/6/2016
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/28/2016 9/6/2016
Loan   15 Newington Business Center 2.2% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 1 No 120 119 24 23 360 360 6/29/2016 8/6/2016
Loan   16 Sprayberry Square 1.9% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 8/1/2016 9/1/2016
Loan 10 17 SpringHill Suites Louisville Airport 1.7% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/29/2016 9/1/2016
Loan 11, 12 18 Sixty Soho 1.7% 0.00000% 0.00834% 0.00000% 0.00069% 0.00050% Actual/360 17 No 132 115 132 115 0 0 2/12/2015 4/5/2015
Loan   19 Stadium Plaza North 1.7% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 1 No 120 119 0 0 360 359 7/6/2016 8/6/2016
Loan 6, 13 20 Kansas IHG Portfolio 1.6% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 270 270 8/2/2016 9/6/2016
Property   20.01 Holiday Inn Express - Wichita 0.8%                                
Property   20.02 Holiday Inn Express - Hutchinson 0.8%                                
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/28/2016 9/6/2016
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/28/2016 9/6/2016
Loan 6 23 Fred’s Portfolio 1.4% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 3 No 120 117 0 0 360 357 4/11/2016 6/5/2016
Property   23.01 Fred’s-Mansfield, LA 0.2%                                
Property   23.02 Fred’s-Soperton, GA 0.2%                                
Property   23.03 Fred’s-Haughton, LA 0.2%                                
Property   23.04 Fred’s-Sterlington, LA 0.2%                                
Property   23.05 Fred’s-Richton, MS 0.2%                                
Property   23.06 Fred’s-Brinkley, AR 0.2%                                
Property   23.07 Fred’s-Haynesville, LA 0.2%                                
Property   23.08 Fred’s-Ringgold, LA 0.1%                                
Loan   24 Martin Resorts - Paso Robles Inn 1.3% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/28/2016 9/6/2016
Loan   25 Mini Storage Depot 1.2% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 12 12 360 360 7/22/2016 9/1/2016
Loan   26 Hilton Garden Inn Kennett Square 1.0% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 8/1/2016 9/1/2016
Loan 14 27 Bonanza Shopping Center 0.8% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/22/2016 9/6/2016
Loan   28 Woodland Village Apartments 0.7% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 8/2/2016 9/6/2016
Loan   29 Martin Resorts - The Inn at the Cove 0.7% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 300 300 7/28/2016 9/6/2016
Loan   30 Oak Creek Apartments 0.7% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 7 No 120 113 0 0 360 353 12/17/2015 2/5/2016
Loan   31 Chesapeake Square 0.6% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 7/11/2016 9/1/2016
Loan   32 Great Falls Plaza 0.6% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 7/29/2016 9/5/2016
Loan   33 321 West Geer Street 0.6% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 7/15/2016 9/1/2016
Loan   34 Carnegie Corporate Plaza 0.4% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 0 0 360 360 7/29/2016 9/1/2016
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 36 36 360 360 7/28/2016 9/1/2016
Loan   36 2074-2100 Park Street 0.4% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 2 No 120 118 0 0 360 358 5/23/2016 7/5/2016
Loan   37 StaxUp Self Storage - Calexico 0.4% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 4 No 60 56 0 0 360 356 3/3/2016 5/1/2016
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% 0.00000% 0.00834% 0.00250% 0.00069% 0.00050% Actual/360 0 No 120 120 36 36 360 360 7/28/2016 9/1/2016
                                         

 

A-1-4

 

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

 

          MORTGAGE LOAN CHARACTERISTICS
                                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Final Maturity
Date
Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)
Annual Debt
Service
(P&I)
Annual Debt
Service
(IO)
Lockbox Type Cash Management Status Crossed With
Other Loans
Related-Borrower Loans UW NOI
DSCR (P&I)
UW NOI
DSCR (IO)
UW NCF
DSCR (P&I)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% N/A 8/6/2026 11/6/2028 $0.00 $165,494.00 $0 $1,985,928 Hard Springing No N/A N/A 6.31x N/A 6.28x 35.5%
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% 9/1/2021 8/1/2026 N/A $329,766.84 $230,068.29 $3,957,202 $2,760,819 Springing Springing No N/A 1.91x 2.74x 1.84x 2.64x 45.0%
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%                                
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%                                
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%                                
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%                                
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%                                
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%                                
Property   2.07 SSTII Self Storage - Foley, AL 0.4%                                
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%                                
Property   2.09 SSTII Self Storage - Upland, CA 0.4%                                
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%                                
Property   2.11 SSTII Self Storage - Troy, MI 0.3%                                
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%                                
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%                                
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%                                
Property   2.15 SSTII Self Storage - Everett, WA 0.3%                                
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%                                
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%                                
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%                                
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%                                
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%                                
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%                                
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%                                
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%                                
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%                                
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%                                
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%                                
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%                                
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%                                
Property   2.29 SSTII Self Storage - Chico, CA 0.1%                                
Loan 7 3 132 West 27th Street 9.5% N/A 8/6/2026 8/6/2028 $333,097.28 $0.00 $3,997,167 $0 Springing Springing No N/A 1.70x N/A 1.70x N/A 47.3%
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% N/A 8/6/2026 N/A $291,338.18 $0.00 $3,496,058 $0 Hard Springing No N/A 1.44x N/A 1.38x N/A 65.6%
Property   4.01 Irish Hills Plaza 4.6%                                
Property   4.02 Santa Maria Broadway Plaza 3.3%                                
Loan   5 The 511 Building 6.9% N/A 8/6/2026 N/A $253,001.36 $0.00 $3,036,016 $0 Springing Springing No N/A 2.69x N/A 2.60x N/A 44.8%
Loan   6 Fairfield Inn Times Square Fee 6.8% N/A 8/5/2026 N/A $0.00 $176,448.77 $0 $2,117,385 Hard In Place No N/A N/A 1.71x N/A 1.71x 59.5%
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% N/A 7/5/2021 N/A $0.00 $155,399.09 $0 $1,864,789 Hard In Place No N/A N/A 1.95x N/A 1.85x 57.6%
Loan   8 The Henry 4.2% N/A 7/6/2026 N/A $160,012.20 $0.00 $1,920,146 $0 Springing Springing No N/A 3.10x N/A 2.62x N/A 46.1%
Loan   9 The Pinnacle at Bristol Phase II 3.1% N/A 8/1/2026 N/A $108,060.77 $0.00 $1,296,729 $0 Soft Springing No N/A 1.62x N/A 1.50x N/A 65.0%
Loan   10 Gateway Plaza 2.3% 9/1/2018 8/1/2026 N/A $81,351.63 $59,860.00 $976,220 $718,320 Hard Springing No N/A 1.51x 2.05x 1.38x 1.88x 74.5%
Loan   11 Centre City Tower 2.3% N/A 7/6/2021 N/A $94,148.95 $0.00 $1,129,787 $0 Springing Springing No N/A 1.67x N/A 1.29x N/A 73.5%
Loan   12 Residence Inn - Downtown Clearwater 2.3% N/A 7/6/2026 N/A $91,206.36 $0.00 $1,094,476 $0 Hard Springing No N/A 2.03x N/A 1.84x N/A 66.4%
Loan   13 Nameoki Commons 2.3% N/A 7/6/2026 N/A $86,243.09 $0.00 $1,034,917 $0 Hard Springing No N/A 1.58x N/A 1.42x N/A 72.1%
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% N/A 8/6/2026 N/A $85,594.62 $0.00 $1,027,135 $0 Springing Springing No Yes - A 2.66x N/A 2.43x N/A 42.5%
Loan   15 Newington Business Center 2.2% 8/6/2018 7/6/2026 N/A $80,280.55 $60,679.18 $963,367 $728,150 Hard Springing No N/A 1.70x 2.25x 1.51x 2.00x 70.2%
Loan   16 Sprayberry Square 1.9% N/A 8/1/2026 N/A $63,678.39 $0.00 $764,141 $0 Hard Springing No N/A 1.90x N/A 1.75x N/A 68.7%
Loan 10 17 SpringHill Suites Louisville Airport 1.7% N/A 8/1/2026 N/A $65,753.65 $0.00 $789,044 $0 Hard Springing No N/A 2.40x N/A 2.12x N/A 54.1%
Loan 11, 12 18 Sixty Soho 1.7% N/A 3/5/2026 N/A $0.00 $47,906.25 $0 $574,875 Hard Springing No N/A N/A 2.32x N/A 2.01x 47.8%
Loan   19 Stadium Plaza North 1.7% N/A 7/6/2026 N/A $62,959.84 $0.00 $755,518 $0 Hard Springing No N/A 1.48x N/A 1.35x N/A 55.8%
Loan 6, 13 20 Kansas IHG Portfolio 1.6% N/A 8/6/2026 N/A $71,887.95 $0.00 $862,655 $0 Springing Springing No N/A 1.80x N/A 1.63x N/A 63.0%
Property   20.01 Holiday Inn Express - Wichita 0.8%                                
Property   20.02 Holiday Inn Express - Hutchinson 0.8%                                
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% N/A 8/6/2026 N/A $61,758.14 $0.00 $741,098 $0 Springing Springing No Yes - A 2.55x N/A 2.32x N/A 42.7%
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% N/A 8/6/2026 N/A $61,216.41 $0.00 $734,597 $0 Springing Springing No Yes - A 2.91x N/A 2.66x N/A 33.6%
Loan 6 23 Fred’s Portfolio 1.4% N/A 5/5/2026 N/A $57,146.57 $0.00 $685,759 $0 Hard Springing No N/A 1.53x N/A 1.41x N/A 69.5%
Property   23.01 Fred’s-Mansfield, LA 0.2%                                
Property   23.02 Fred’s-Soperton, GA 0.2%                                
Property   23.03 Fred’s-Haughton, LA 0.2%                                
Property   23.04 Fred’s-Sterlington, LA 0.2%                                
Property   23.05 Fred’s-Richton, MS 0.2%                                
Property   23.06 Fred’s-Brinkley, AR 0.2%                                
Property   23.07 Fred’s-Haynesville, LA 0.2%                                
Property   23.08 Fred’s-Ringgold, LA 0.1%                                
Loan   24 Martin Resorts - Paso Robles Inn 1.3% N/A 8/6/2026 N/A $50,923.38 $0.00 $611,081 $0 Springing Springing No Yes - A 3.37x N/A 2.91x N/A 37.2%
Loan   25 Mini Storage Depot 1.2% 9/1/2017 8/1/2026 N/A $44,876.12 $34,943.68 $538,513 $419,324 Springing Springing No N/A 1.37x 1.76x 1.35x 1.73x 75.0%
Loan   26 Hilton Garden Inn Kennett Square 1.0% N/A 8/1/2026 N/A $38,934.73 $0.00 $467,217 $0 Springing Springing No N/A 2.26x N/A 1.94x N/A 55.4%
Loan 14 27 Bonanza Shopping Center 0.8% N/A 8/6/2026 N/A $34,145.03 $0.00 $409,740 $0 Hard In Place No N/A 1.57x N/A 1.51x N/A 72.1%
Loan   28 Woodland Village Apartments 0.7% N/A 8/6/2026 N/A $27,663.25 $0.00 $331,959 $0 Springing Springing No N/A 1.40x N/A 1.33x N/A 74.8%
Loan   29 Martin Resorts - The Inn at the Cove 0.7% N/A 8/6/2026 N/A $27,628.64 $0.00 $331,544 $0 Springing Springing No Yes - A 3.77x N/A 3.41x N/A 30.5%
Loan   30 Oak Creek Apartments 0.7% N/A 1/5/2026 N/A $29,592.26 $0.00 $355,107 $0 Soft Springing No N/A 1.57x N/A 1.40x N/A 73.9%
Loan   31 Chesapeake Square 0.6% N/A 8/1/2026 N/A $23,857.34 $0.00 $286,288 $0 Soft Springing No N/A 1.73x N/A 1.44x N/A 69.7%
Loan   32 Great Falls Plaza 0.6% N/A 8/5/2026 N/A $22,361.30 $0.00 $268,336 $0 Hard Springing No N/A 1.62x N/A 1.35x N/A 64.2%
Loan   33 321 West Geer Street 0.6% N/A 8/1/2026 N/A $20,865.89 $0.00 $250,391 $0 Springing Springing No N/A 1.67x N/A 1.52x N/A 58.1%
Loan   34 Carnegie Corporate Plaza 0.4% N/A 8/1/2026 N/A $16,431.89 $0.00 $197,183 $0 Soft Springing No N/A 1.84x N/A 1.56x N/A 58.3%
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% 9/1/2019 8/1/2026 N/A $14,661.63 $11,115.60 $175,940 $133,387 Hard Springing No Yes - B 1.73x 2.28x 1.62x 2.14x 52.8%
Loan   36 2074-2100 Park Street 0.4% N/A 6/5/2026 N/A $14,745.79 $0.00 $176,949 $0 Hard Springing No N/A 2.11x N/A 1.94x N/A 74.2%
Loan   37 StaxUp Self Storage - Calexico 0.4% N/A 4/1/2021 N/A $14,476.31 $0.00 $173,716 $0 Hard Springing No N/A 1.59x N/A 1.54x N/A 69.7%
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% 9/1/2019 8/1/2026 N/A $11,995.88 $9,094.58 $143,951 $109,135 Hard Springing No Yes - B 1.73x 2.28x 1.60x 2.11x 55.1%
                                         

 

A-1-5

 

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

 

          MORTGAGE LOAN CHARACTERISTICS   MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS
                                       
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)
YM
Formula
  Third Most
Recent Revenues
Third Most
Recent Expenses
Third Most
Recent NOI
Third
Most Recent
NOI Date
Third Most
Recent NOI
Debt Yield
Second Most
 Recent Revenues
Second Most
 Recent Expenses
Second Most
 Recent NOI
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% 35.5% 0 0 Sixth LO(24);DEF/YM0.5(89);O(7) A   N/A N/A N/A N/A N/A $54,061,350 $10,133,318 $43,928,033
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% 40.9% 0 5 First LO(24);DEF(93);O(3)     $17,900,450 $8,074,887 $9,825,563 12/31/2014 10.3% $18,828,831 $7,653,898 $11,174,933
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%               $1,257,254 $447,116 $810,138 12/31/2014   $1,416,389 $458,344 $958,045
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%               $1,107,391 $498,498 $608,893 12/31/2014   $1,195,417 $414,964 $780,454
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%               $1,042,721 $346,210 $696,511 12/31/2014   $1,136,603 $337,106 $799,498
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%               $872,519 $366,306 $506,213 12/31/2014   $935,518 $396,055 $539,463
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%               $949,221 $362,176 $587,045 12/31/2014   $903,619 $289,117 $614,502
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%               $724,863 $290,843 $434,020 12/31/2014   $799,181 $281,229 $517,952
Property   2.07 SSTII Self Storage - Foley, AL 0.4%               $876,450 $313,238 $563,212 12/31/2014   $835,650 $356,704 $478,946
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%               $549,186 $276,624 $272,562 12/31/2014   $618,891 $221,597 $397,294
Property   2.09 SSTII Self Storage - Upland, CA 0.4%               $634,288 $250,666 $383,622 12/31/2014   $665,658 $263,883 $401,775
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%               $653,007 $295,521 $357,486 12/31/2014   $637,511 $277,612 $359,899
Property   2.11 SSTII Self Storage - Troy, MI 0.3%               $722,078 $288,625 $433,453 12/31/2014   $732,806 $247,011 $485,795
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%               $534,379 $235,676 $298,703 12/31/2014   $584,112 $246,006 $338,106
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%               $554,285 $238,452 $315,833 12/31/2014   $603,499 $212,704 $390,795
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%               $493,648 $216,247 $277,401 12/31/2014   $534,896 $217,243 $317,652
Property   2.15 SSTII Self Storage - Everett, WA 0.3%               $463,511 $256,807 $206,704 12/31/2014   $471,961 $212,757 $259,203
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%               $503,258 $230,341 $272,917 12/31/2014   $531,298 $253,921 $277,377
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%               $577,939 $271,525 $306,414 12/31/2014   $578,378 $249,091 $329,288
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%               $526,678 $253,867 $272,811 12/31/2014   $497,840 $220,117 $277,724
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%               $451,097 $243,734 $207,363 12/31/2014   $569,375 $276,391 $292,984
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%               $435,219 $281,066 $154,153 12/31/2014   $501,478 $222,081 $279,397
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%               $512,519 $266,435 $246,084 12/31/2014   $526,338 $214,583 $311,756
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%               $528,759 $237,851 $290,908 12/31/2014   $515,756 $216,377 $299,379
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%               $524,109 $252,390 $271,719 12/31/2014   $539,369 $270,563 $268,805
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%               $518,041 $253,994 $264,047 12/31/2014   $481,897 $228,820 $253,077
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%               $354,327 $223,332 $130,995 12/31/2014   $411,997 $220,970 $191,028
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%               $488,369 $292,021 $196,348 12/31/2014   $500,139 $286,147 $213,991
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%               $354,021 $187,750 $166,271 12/31/2014   $365,652 $170,976 $194,676
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%               $381,681 $249,094 $132,587 12/31/2014   $408,665 $210,361 $198,304
Property   2.29 SSTII Self Storage - Chico, CA 0.1%               $309,632 $148,482 $161,150 12/31/2014   $328,937 $181,169 $147,767
Loan 7 3 132 West 27th Street 9.5% 37.9% 0 0 Sixth LO(24);YM(89);O(7) B   N/A N/A N/A N/A N/A N/A N/A N/A
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% 53.4% 0 0 Sixth LO(24);DEF(92);O(4)     $6,320,896 $1,484,294 $4,836,602 12/31/2014 8.6% $6,759,453 $1,566,644 $5,192,809
Property   4.01 Irish Hills Plaza 4.6%               $3,705,446 $938,969 $2,766,477 12/31/2014   $3,827,450 $943,694 $2,883,756
Property   4.02 Santa Maria Broadway Plaza 3.3%               $2,615,450 $545,325 $2,070,125 12/31/2014   $2,932,003 $622,950 $2,309,053
Loan   5 The 511 Building 6.9% 31.9% 0 0 Sixth LO(24);DEF(92);O(4)     $11,690,237 $4,635,793 $7,054,444 12/31/2014 14.1% $12,600,128 $4,788,899 $7,811,229
Loan   6 Fairfield Inn Times Square Fee 6.8% 59.5% 0 0 Fifth LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% 57.6% 0 0 Fifth LO(25);DEF(31);O(4)     $13,558,561 $4,600,012 $8,958,550 12/31/2014 8.5% $13,823,456 $4,450,502 $9,372,954
Loan   8 The Henry 4.2% 33.5% 0 0 Sixth LO(12);YM1(13);YM1/DEF(91);O(4) C   $19,951,201 $15,561,189 $4,390,012 12/31/2014 14.7% $21,396,548 $16,275,869 $5,120,679
Loan   9 The Pinnacle at Bristol Phase II 3.1% 52.0% 0 5 First LO(24);DEF(93);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A
Loan   10 Gateway Plaza 2.3% 63.5% 5 5 First LO(25);YM1(88);O(7) D   $1,297,513 $319,024 $978,489 12/31/2014 6.0% $1,367,781 $283,402 $1,084,379
Loan   11 Centre City Tower 2.3% 68.5% 0 0 Sixth LO(25);DEF(31);O(4)     $4,053,472 $2,353,210 $1,700,262 12/31/2014 10.4% $4,180,872 $2,383,235 $1,797,637
Loan   12 Residence Inn - Downtown Clearwater 2.3% 55.4% 0 0 Sixth LO(25);DEF(91);O(4)     $4,525,323 $2,810,793 $1,714,530 12/31/2014 10.5% $5,141,270 $2,906,112 $2,235,158
Loan   13 Nameoki Commons 2.3% 59.3% 0 0 Sixth LO(25);DEF(91);O(4)     $2,289,880 $781,972 $1,507,908 12/31/2014 9.3% $2,288,755 $807,341 $1,481,413
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% 31.0% 0 0 Sixth LO(24);DEF(92);O(4)     $5,428,249 $2,625,803 $2,802,446 12/31/2014 17.7% $6,092,146 $2,992,690 $3,099,457
Loan   15 Newington Business Center 2.2% 60.2% 0 0 Sixth LO(25);DEF(91);O(4)     $1,198,848 $995,149 $203,699 12/31/2014 1.3% $1,931,623 $1,040,799 $890,824
Loan   16 Sprayberry Square 1.9% 54.2% 5 5 First LO(24);DEF(92);O(4)     $1,817,208 $432,547 $1,384,662 12/31/2014 10.1% $1,771,191 $349,004 $1,422,187
Loan 10 17 SpringHill Suites Louisville Airport 1.7% 39.5% 0 5 First LO(24);DEF(90);O(6)     $3,971,781 $2,322,686 $1,649,095 12/31/2014 13.6% $4,262,604 $2,496,673 $1,765,931
Loan 11, 12 18 Sixty Soho 1.7% 47.8% 0 0 Fifth YM1(41);YM3orDEF(88);O(3) E   $12,565,888 $11,870,867 $695,021 12/31/2014 1.8% $12,803,548 $9,985,776 $2,817,772
Loan   19 Stadium Plaza North 1.7% 45.7% 0 0 Sixth LO(25);DEF(91);O(4)     $1,361,926 $336,308 $1,025,618 12/31/2014 8.6% $1,413,481 $356,098 $1,057,383
Loan 6, 13 20 Kansas IHG Portfolio 1.6% 44.1% 0 0 Sixth LO(24);DEF(92);O(4)     $1,860,773 $959,816 $900,957 12/31/2014 7.8% $3,134,936 $1,637,456 $1,497,480
Property   20.01 Holiday Inn Express - Wichita 0.8%               $1,860,773 $959,816 $900,957 12/31/2014   $1,965,172 $944,277 $1,020,895
Property   20.02 Holiday Inn Express - Hutchinson 0.8%               N/A N/A N/A N/A   $1,169,764 $693,179 $476,585
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% 31.2% 0 0 Sixth LO(24);DEF(92);O(4)     $4,084,888 $2,038,357 $2,046,531 12/31/2014 18.0% $4,332,773 $2,246,699 $2,086,073
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% 24.5% 0 0 Sixth LO(24);DEF(92);O(4)     $4,369,574 $2,280,597 $2,088,977 12/31/2014 18.5% $4,699,879 $2,410,731 $2,289,148
Loan 6 23 Fred’s Portfolio 1.4% 58.2% 0 0 Fifth LO(27);DEF(90);O(3)     $886,853 $136,783 $750,070 12/31/2013 7.4% $989,619 $144,095 $845,524
Property   23.01 Fred’s-Mansfield, LA 0.2%               N/A N/A N/A N/A   N/A N/A N/A
Property   23.02 Fred’s-Soperton, GA 0.2%               N/A N/A N/A N/A   $13,353 $1,195 $12,158
Property   23.03 Fred’s-Haughton, LA 0.2%               $171,554 $28,194 $143,360 12/31/2013   $197,495 $30,076 $167,419
Property   23.04 Fred’s-Sterlington, LA 0.2%               $156,956 $29,127 $127,829 12/31/2013   $170,354 $32,143 $138,211
Property   23.05 Fred’s-Richton, MS 0.2%               $148,152 $28,079 $120,073 12/31/2013   $161,210 $29,206 $132,004
Property   23.06 Fred’s-Brinkley, AR 0.2%               $146,196 $14,321 $131,875 12/31/2013   $159,047 $12,148 $146,899
Property   23.07 Fred’s-Haynesville, LA 0.2%               $141,760 $21,580 $120,180 12/31/2013   $152,668 $22,374 $130,294
Property   23.08 Fred’s-Ringgold, LA 0.1%               $122,235 $15,482 $106,753 12/31/2013   $135,492 $16,953 $118,539
Loan   24 Martin Resorts - Paso Robles Inn 1.3% 27.1% 0 0 Sixth LO(24);DEF(92);O(4)     $6,510,640 $4,415,238 $2,095,402 12/31/2014 22.3% $6,917,105 $4,760,915 $2,156,190
Loan   25 Mini Storage Depot 1.2% 63.2% 0 0 First LO(24);DEF(93);O(3)     $1,014,741 $302,528 $712,213 12/31/2014 8.4% $1,039,295 $302,857 $736,438
Loan   26 Hilton Garden Inn Kennett Square 1.0% 40.5% 5 5 First LO(24);DEF(92);O(4)     $3,835,779 $2,520,175 $1,315,604 12/31/2014 18.4% $3,717,175 $2,554,674 $1,162,501
Loan 14 27 Bonanza Shopping Center 0.8% 53.4% 0 0 Sixth LO(24);YM1(92);O(4) C   $860,947 $205,691 $655,256 12/31/2014 10.8% $938,891 $221,907 $716,984
Loan   28 Woodland Village Apartments 0.7% 61.5% 0 0 Sixth LO(24);DEF(91);O(5)     $791,796 $365,773 $426,023 12/31/2014 8.2% $782,201 $366,400 $415,801
Loan   29 Martin Resorts - The Inn at the Cove 0.7% 22.3% 0 0 Sixth LO(24);DEF(92);O(4)     $2,562,495 $1,452,974 $1,109,522 12/31/2014 21.8% $2,551,056 $1,529,187 $1,021,869
Loan   30 Oak Creek Apartments 0.7% 63.1% 0 0 Fifth LO(31);DEF(86);O(3)     $1,141,953 $873,628 $268,325 12/31/2014 5.4% $1,247,344 $847,926 $399,418
Loan   31 Chesapeake Square 0.6% 56.9% 0 5 First LO(24);DEF(93);O(3)     $751,907 $201,271 $550,637 12/31/2014 12.0% $753,176 $227,528 $525,649
Loan   32 Great Falls Plaza 0.6% 52.9% 0 0 Fifth LO(24);DEF(93);O(3)     $647,233 $213,072 $434,161 12/31/2014 10.4% $687,454 $175,972 $511,482
Loan   33 321 West Geer Street 0.6% 47.4% 15 5 First LO(24);DEF(92);O(4)     $490,976 $96,215 $394,761 12/31/2014 9.9% $540,174 $89,862 $450,311
Loan   34 Carnegie Corporate Plaza 0.4% 47.7% 0 5 First LO(24);DEF(93);O(3)     $636,838 $187,736 $449,102 12/31/2014 14.3% $643,793 $198,105 $445,688
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4%    46.4% 0 0 First LO(24);DEF(93);O(3)     $361,923 $35,942 $325,981 12/31/2014 11.4% $434,816 $103,517 $331,299
Loan   36 2074-2100 Park Street 0.4% 61.2% 0 0 Fifth LO(26);DEF(91);O(3)     $453,893 $205,165 $248,728 12/31/2013 9.1% $512,283 $215,533 $296,750
Loan   37 StaxUp Self Storage - Calexico 0.4% 64.9% 0 5 First LO(28);DEF(29);O(3)     $407,466 $132,417 $275,050 12/31/2014 10.6% $431,227 $120,006 $311,221
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% 48.4% 0 0 First LO(24);DEF(93);O(3)     $330,294 $65,944 $264,350 12/31/2014 11.3% $343,625 $73,004 $270,621
                                       

 

A-1-6

 

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

 

          MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS
                                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Second
Most Recent
NOI Date
Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Most
 Recent Expenses
Most
Recent NOI
Most
Recent
NOI Date
Most
Recent NOI
Debt Yield
Underwritten
Occupancy Rate
Underwritten
Effective Gross Income
Underwritten Total
Expenses
Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves
Underwritten
TI/LC
Underwritten NCF Underwritten NCF Debt Yield
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% 12/31/2014 10.3% $88,180,123 $17,255,195 $70,924,928 12/31/2015 16.7% 96.9% $93,423,532 $17,361,124 $76,062,408 17.9% $283,431 $0 $75,778,977 17.8%
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% 12/31/2015 11.8% $18,963,807 $8,065,043 $10,898,764   11.5% 80.8% $18,733,537 $8,473,878 $10,259,659 10.8% $378,189 $0 $9,881,470 10.4%
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8% 12/31/2015   $1,287,298 $518,527 $768,770 5/31/2016 Ann. T-5   86.7% $1,286,098 $594,812 $691,286   $25,725 $0 $665,561  
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7% 12/31/2015   $1,211,472 $436,079 $775,394 5/31/2016 TTM   70.0% $1,211,498 $499,906 $711,592   $14,063 $0 $697,529  
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7% 12/31/2015   $1,159,341 $353,040 $806,301 5/31/2016 TTM   84.6% $1,165,442 $394,178 $771,264   $12,456 $0 $758,808  
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5% 12/31/2015   $998,037 $411,509 $586,528 5/31/2016 TTM   78.8% $998,037 $427,162 $570,875   $19,692 $0 $551,183  
Property   2.05 SSTII Self Storage - Aurora, CO 0.5% 12/31/2015   $852,621 $304,830 $547,791 5/31/2016 TTM   70.9% $852,621 $300,548 $552,073   $8,421 $0 $543,652  
Property   2.06 SSTII Self Storage - Whittier, CA 0.5% 12/31/2015   $826,098 $303,226 $522,872 5/31/2016 TTM   81.3% $827,867 $340,084 $487,783   $24,106 $0 $463,677  
Property   2.07 SSTII Self Storage - Foley, AL 0.4% 12/31/2015   $868,043 $321,271 $546,772 5/31/2016 Ann. T-9   84.3% $868,042 $367,849 $500,194   $13,859 $0 $486,335  
Property   2.08 SSTII Self Storage - La Habra, CA 0.4% 12/31/2015   $642,242 $235,605 $406,637 5/31/2016 TTM   77.5% $642,242 $268,027 $374,215   $9,669 $0 $364,547  
Property   2.09 SSTII Self Storage - Upland, CA 0.4% 12/31/2015   $681,393 $271,559 $409,834 5/31/2016 TTM   80.4% $681,369 $284,235 $397,134   $25,752 $0 $371,382  
Property   2.10 SSTII Self Storage - Forestville, MD 0.4% 12/31/2015   $627,862 $300,495 $327,367 5/31/2016 TTM   74.5% $627,862 $307,849 $320,013   $15,777 $0 $304,236  
Property   2.11 SSTII Self Storage - Troy, MI 0.3% 12/31/2015   $748,246 $259,838 $488,408 5/31/2016 TTM   90.0% $657,043 $260,870 $396,174   $7,394 $0 $388,780  
Property   2.12 SSTII Self Storage - La Verne, CA 0.3% 12/31/2015   $596,009 $262,161 $333,848 5/31/2016 TTM   79.0% $594,977 $287,612 $307,366   $13,253 $0 $294,113  
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3% 12/31/2015   $596,024 $219,857 $376,167 5/31/2016 TTM   85.1% $598,478 $243,777 $354,701   $8,014 $0 $346,688  
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3% 12/31/2015   $556,964 $224,535 $332,429 5/31/2016 TTM   79.4% $556,964 $241,080 $315,884   $7,729 $0 $308,155  
Property   2.15 SSTII Self Storage - Everett, WA 0.3% 12/31/2015   $500,877 $213,786 $287,091 5/31/2016 TTM   70.4% $500,877 $210,453 $290,423   $32,914 $0 $257,509  
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3% 12/31/2015   $551,481 $260,473 $291,008 5/31/2016 TTM   82.3% $551,481 $271,441 $280,040   $5,042 $0 $274,998  
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2% 12/31/2015   $568,841 $269,589 $299,252 5/31/2016 TTM   90.0% $562,455 $261,354 $301,101   $14,675 $0 $286,426  
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2% 12/31/2015   $502,644 $238,126 $264,518 5/31/2016 TTM   78.5% $502,644 $234,841 $267,803   $11,278 $0 $256,525  
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2% 12/31/2015   $586,200 $242,026 $344,174 5/31/2016 Ann. T-5   86.0% $525,625 $272,281 $253,344   $28,400 $0 $224,944  
Property   2.20 SSTII Self Storage - Riverside, CA 0.2% 12/31/2015   $520,680 $246,923 $273,757 5/31/2016 TTM   85.6% $520,680 $265,291 $255,389   $13,598 $0 $241,792  
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2% 12/31/2015   $521,371 $216,429 $304,942 5/31/2016 TTM   83.4% $521,687 $220,586 $301,101   $6,065 $0 $295,036  
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2% 12/31/2015   $532,464 $213,908 $318,556 5/31/2016 TTM   92.4% $532,464 $222,537 $309,927   $5,370 $0 $304,557  
Property   2.23 SSTII Self Storage - Littleton, CO 0.2% 12/31/2015   $510,998 $285,247 $225,751 5/31/2016 TTM   90.0% $501,522 $273,374 $228,148   $3,853 $0 $224,295  
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2% 12/31/2015   $504,319 $234,646 $269,673 5/31/2016 TTM   83.3% $504,319 $242,100 $262,219   $7,294 $0 $254,925  
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2% 12/31/2015   $426,897 $237,683 $189,214 5/31/2016 TTM   70.2% $426,897 $258,733 $168,164   $16,144 $0 $152,020  
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2% 12/31/2015   $477,383 $290,102 $187,281 5/31/2016 TTM   85.0% $406,344 $281,391 $124,953   $12,063 $0 $112,890  
Property   2.27 SSTII Self Storage - Tampa, FL 0.2% 12/31/2015   $371,842 $286,659 $85,183 5/31/2016 Ann. T-7   77.6% $371,842 $228,159 $143,683   $5,007 $0 $138,676  
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1% 12/31/2015   $416,644 $216,154 $200,490 5/31/2016 TTM   78.2% $416,644 $220,625 $196,019   $5,081 $0 $190,939  
Property   2.29 SSTII Self Storage - Chico, CA 0.1% 12/31/2015   $319,516 $190,760 $128,756 5/31/2016 TTM   86.4% $319,516 $192,725 $126,791   $5,498 $0 $121,293  
Loan 7 3 132 West 27th Street 9.5% N/A N/A N/A N/A N/A N/A N/A N/A $10,455,998 $0 $10,455,998 10.0% $0 $0 $10,455,998 10.0%
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% 12/31/2015 9.2% $6,690,842 $1,572,804 $5,118,038 6/30/2016 TTM 9.1% 95.0% $6,549,662 $1,506,879 $5,042,782 8.9% $46,772 $175,772 $4,820,238 8.5%
Property   4.01 Irish Hills Plaza 4.6% 12/31/2015   $3,732,402 $960,269 $2,772,133 6/30/2016 TTM   95.0% $3,717,431 $888,864 $2,828,567   $20,745 $103,891 $2,703,932  
Property   4.02 Santa Maria Broadway Plaza 3.3% 12/31/2015   $2,958,440 $612,535 $2,345,905 6/30/2016 TTM   95.0% $2,832,230 $618,016 $2,214,215   $26,028 $71,881 $2,116,306  
Loan   5 The 511 Building 6.9% 12/31/2015 15.6% $13,083,721 $4,843,374 $8,240,347 5/31/2016 TTM 16.5% 78.2% $13,127,394 $4,972,238 $8,155,155 16.3% $62,004 $200,558 $7,892,593 15.8%
Loan   6 Fairfield Inn Times Square Fee 6.8% N/A N/A N/A N/A N/A N/A N/A 100.0% $3,613,408 $0 $3,613,408 7.4% $0 $0 $3,613,408 7.4%
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% 12/31/2015 8.8% $13,878,877 $4,353,659 $9,525,218 2/29/2016 TTM 9.0% 90.7% $14,200,010 $4,568,906 $9,631,104 9.1% $60,610 $404,064 $9,166,431 8.6%
Loan   8 The Henry 4.2% 12/31/2015 17.1% $22,814,681 $16,858,058 $5,956,623 5/31/2016 TTM 19.9% 76.1% $22,752,346 $16,803,960 $5,948,386 19.9% $910,094 $0 $5,038,292 16.8%
Loan   9 The Pinnacle at Bristol Phase II 3.1% N/A N/A N/A N/A N/A N/A N/A 94.5% $3,134,340 $1,039,210 $2,095,130 9.4% $18,355 $134,301 $1,942,474 8.7%
Loan   10 Gateway Plaza 2.3% 12/31/2015 6.6% $1,559,637 $284,078 $1,275,559 5/31/2016 TTM 7.8% 95.0% $1,861,989 $388,529 $1,473,461 9.0% $23,858 $99,328 $1,350,275 8.2%
Loan   11 Centre City Tower 2.3% 12/31/2015 11.0% $4,176,335 $2,290,389 $1,885,946 3/31/2016 TTM 11.5% 80.6% $4,116,373 $2,231,152 $1,885,221 11.5% $130,125 $295,866 $1,459,229 8.9%
Loan   12 Residence Inn - Downtown Clearwater 2.3% 12/31/2015 13.7% $5,247,518 $2,955,575 $2,291,943 4/30/2016 TTM 14.1% 89.1% $5,233,181 $3,010,874 $2,222,307 13.7% $209,327 $0 $2,012,980 12.4%
Loan   13 Nameoki Commons 2.3% 12/31/2015 9.1% $2,326,480 $785,179 $1,541,301 4/30/2016 TTM 9.5% 93.8% $2,429,455 $791,618 $1,637,837 10.1% $31,084 $132,913 $1,473,840 9.1%
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% 12/31/2015 19.6% $5,943,885 $3,003,152 $2,940,733 3/31/2016 TTM 18.6% 80.9% $5,943,885 $3,209,096 $2,734,789 17.3% $237,755 $0 $2,497,033 15.8%
Loan   15 Newington Business Center 2.2% 12/31/2015 5.7% $2,066,127 $1,091,716 $974,411 5/31/2016 TTM 6.2% 92.5% $2,657,563 $1,019,173 $1,638,390 10.4% $92,190 $90,992 $1,455,209 9.3%
Loan   16 Sprayberry Square 1.9% 12/31/2015 10.3% $1,747,888 $336,398 $1,411,490 5/31/2016 TTM 10.3% 81.4% $1,855,522 $401,403 $1,454,119 10.6% $28,160 $88,321 $1,337,638 9.7%
Loan 10 17 SpringHill Suites Louisville Airport 1.7% 12/31/2015 14.6% $4,625,988 $2,644,171 $1,981,817 5/31/2016 TTM 16.3% 72.0% $4,439,548 $2,543,867 $1,895,681 15.6% $221,977 $0 $1,673,704 13.8%
Loan 11, 12 18 Sixty Soho 1.7% 12/31/2015 7.3% $14,297,686 $10,463,852 $3,833,834 6/30/2016 TTM 9.9% 87.3% $14,297,832 $10,008,564 $4,289,268 11.1% $571,913 $0 $3,717,355 9.6%
Loan   19 Stadium Plaza North 1.7% 12/31/2015 8.8% $1,409,497 $413,564 $995,933 4/30/2016 TTM 8.3% 95.0% $1,540,851 $424,539 $1,116,312 9.3% $21,730 $76,233 $1,018,349 8.5%
Loan 6, 13 20 Kansas IHG Portfolio 1.6% 12/31/2015 12.9% $3,738,645 $2,046,370 $1,692,275 6/30/2016 TTM 14.6% 64.5% $3,735,550 $2,178,658 $1,556,892 13.4% $149,422 $0 $1,407,470 12.1%
Property   20.01 Holiday Inn Express - Wichita 0.8% 12/31/2015   $1,897,808 $987,376 $910,432 6/30/2016 TTM   68.3% $1,892,728 $1,085,178 $807,549   $75,709 $0 $731,840  
Property   20.02 Holiday Inn Express - Hutchinson 0.8% 12/31/2015   $1,840,837 $1,058,993 $781,844 6/30/2016 TTM   60.9% $1,842,822 $1,093,479 $749,343   $73,713 $0 $675,630  
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% 12/31/2015 18.3% $4,354,633 $2,329,785 $2,024,848 3/31/2016 TTM 17.8% 72.3% $4,354,633 $2,463,197 $1,891,436 16.6% $174,185 $0 $1,717,251 15.1%
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% 12/31/2015 20.3% $4,697,397 $2,420,833 $2,276,564 3/31/2016 TTM 20.1% 73.7% $4,697,397 $2,558,742 $2,138,655 18.9% $187,896 $0 $1,950,759 17.3%
Loan 6 23 Fred’s Portfolio 1.4% 12/31/2014 8.4% $1,314,699 $171,535 $1,143,164 12/31/2015 11.3% 95.1% $1,317,917 $266,404 $1,051,514 10.4% $19,124 $62,717 $969,673 9.6%
Property   23.01 Fred’s-Mansfield, LA 0.2% N/A   $180,836 $4,471 $176,365 12/31/2015   95.6% $198,433 $36,487 $161,946   $2,520 $8,265 $151,161  
Property   23.02 Fred’s-Soperton, GA 0.2% 12/31/2014   $163,434 $17,554 $145,880 12/31/2015   95.0% $163,118 $30,781 $132,336   $2,520 $8,265 $121,551  
Property   23.03 Fred’s-Haughton, LA 0.2% 12/31/2014   $190,576 $31,796 $158,780 12/31/2015   95.0% $183,757 $40,129 $143,628   $2,471 $8,103 $133,054  
Property   23.04 Fred’s-Sterlington, LA 0.2% 12/31/2014   $169,897 $32,854 $137,043 12/31/2015   94.9% $166,481 $39,389 $127,092   $2,471 $8,103 $116,518  
Property   23.05 Fred’s-Richton, MS 0.2% 12/31/2014   $162,567 $29,206 $133,361 12/31/2015   95.0% $160,737 $34,950 $125,787   $2,471 $8,103 $115,213  
Property   23.06 Fred’s-Brinkley, AR 0.2% 12/31/2014   $159,470 $15,051 $144,419 12/31/2015   95.0% $157,559 $24,908 $132,651   $2,400 $7,871 $122,380  
Property   23.07 Fred’s-Haynesville, LA 0.2% 12/31/2014   $153,788 $23,550 $130,238 12/31/2015   94.9% $151,373 $30,991 $120,383   $2,471 $8,103 $109,809  
Property   23.08 Fred’s-Ringgold, LA 0.1% 12/31/2014   $134,131 $17,053 $117,078 12/31/2015   95.2% $136,461 $28,770 $107,691   $1,800 $5,904 $99,987  
Loan   24 Martin Resorts - Paso Robles Inn 1.3% 12/31/2015 22.9% $7,007,702 $4,739,647 $2,268,054 3/31/2016 TTM 24.1% 70.3% $7,007,702 $4,951,334 $2,056,367 21.9% $280,308 $0 $1,776,059 18.9%
Loan   25 Mini Storage Depot 1.2% 12/31/2015 8.7% $1,053,877 $300,130 $753,747 5/31/2016 TTM 8.9% 86.2% $1,043,379 $307,449 $735,930 8.7% $11,105 $0 $724,825 8.6%
Loan   26 Hilton Garden Inn Kennett Square 1.0% 12/31/2015 16.3% $3,737,288 $2,730,748 $1,006,541 5/31/2016 TTM 14.1% 73.4% $3,727,077 $2,671,177 $1,055,900 14.8% $149,083 $0 $906,817 12.7%
Loan 14 27 Bonanza Shopping Center 0.8%    12/31/2015 11.9% $898,885 $220,126 $678,759 5/31/2016 TTM 11.2% 80.9% $886,168 $244,590 $641,579 10.6% $10,453 $12,578 $618,548 10.2%
Loan   28 Woodland Village Apartments 0.7% 12/31/2015 8.0% $812,705 $378,899 $433,806 6/30/2016 TTM 8.3% 81.1% $850,783 $386,162 $464,621 8.9% $23,808 $0 $440,813 8.5%
Loan   29 Martin Resorts - The Inn at the Cove 0.7% 12/31/2015 20.0% $3,017,815 $1,667,002 $1,350,813 6/30/2016 TTM 26.5% 74.4% $3,017,815 $1,766,552 $1,251,263 24.5% $120,713 $0 $1,130,550 22.2%
Loan   30 Oak Creek Apartments 0.7% 12/31/2015 8.1% $1,326,610 $854,361 $472,249 5/31/2016 TTM 9.5% 91.3% $1,363,144 $806,355 $556,789 11.2% $60,364 $0 $496,425 10.0%
Loan   31 Chesapeake Square 0.6% 12/31/2015 11.4% $721,661 $235,388 $486,273 4/30/2016 TTM 10.6% 76.1% $710,217 $214,353 $495,863 10.8% $19,970 $64,790 $411,104 8.9%
Loan   32 Great Falls Plaza 0.6% 12/31/2015 12.3% $698,304 $186,781 $511,523 5/31/2016 TTM 12.3% 84.3% $629,507 $194,749 $434,758 10.4% $34,981 $36,187 $363,590 8.7%
Loan   33 321 West Geer Street 0.6% 12/31/2015 11.3% $549,569 $94,200 $455,368 5/31/2016 TTM 11.4% 94.8% $521,788 $103,102 $418,686 10.5% $7,200 $30,775 $380,711 9.5%
Loan   34 Carnegie Corporate Plaza 0.4% 12/31/2015 14.1% $616,926 $216,222 $400,704 5/31/2016 TTM 12.7% 84.8% $579,512 $216,911 $362,601 11.5% $15,803 $39,211 $307,587 9.8%
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% 12/31/2015 11.6% $439,204 $105,017 $334,187 5/31/2016 TTM 11.7% 95.0% $420,308 $116,000 $304,308 10.6% $3,374 $15,975 $284,958 10.0%
Loan   36 2074-2100 Park Street 0.4% 12/31/2014 10.8% $575,432 $210,136 $365,296 12/31/2015 13.3% 91.6% $573,630 $201,062 $372,569 13.6% $18,254 $11,562 $342,752 12.5%
Loan   37 StaxUp Self Storage - Calexico 0.4% 12/31/2015 12.0% $430,761 $143,946 $286,815 5/31/2016 TTM 11.1% 90.0% $440,756 $163,981 $276,776 10.7% $8,764 $0 $268,012 10.3%
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% 12/31/2015 11.6% $346,262 $72,181 $274,081 5/31/2016 TTM 11.7% 95.0% $333,431 $84,497 $248,933 10.6% $3,355 $15,071 $230,508 9.9%

 

A-1-7

 

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

 

          LARGEST TENANT INFORMATION   2ND LARGEST TENANT INFORMATION
                           
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Largest Tenant Largest
Tenant Lease
Expiration
Largest
Tenant NSF
Largest
Tenant
% of NSF
  2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration
2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% Vertex Pharmaceuticals Incorporated 12/31/2028 1,082,417 95.5%   Bright Horizons Children’s Center 5/1/2035 12,665 1.1%
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7%                  
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.05 SSTII Self Storage - Aurora, CO 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.06 SSTII Self Storage - Whittier, CA 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.07 SSTII Self Storage - Foley, AL 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.08 SSTII Self Storage - La Habra, CA 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.09 SSTII Self Storage - Upland, CA 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.10 SSTII Self Storage - Forestville, MD 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.11 SSTII Self Storage - Troy, MI 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.12 SSTII Self Storage - La Verne, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.15 SSTII Self Storage - Everett, WA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.20 SSTII Self Storage - Riverside, CA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.23 SSTII Self Storage - Littleton, CO 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.27 SSTII Self Storage - Tampa, FL 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.29 SSTII Self Storage - Chico, CA 0.1% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 7 3 132 West 27th Street 9.5% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8%                  
Property   4.01 Irish Hills Plaza 4.6% Whole Foods 5/31/2025 31,895 23.1%   T.J. Maxx 4/30/2020 26,000 18.8%
Property   4.02 Santa Maria Broadway Plaza 3.3% Santa Barbara County 10/31/2018 73,068 42.1%   Vallarta Supermarkets 1/1/2034 44,422 25.6%
Loan   5 The 511 Building 6.9% Cologix 12/31/2033 47,754 16.2%   Level 3 3/31/2023 23,037 7.8%
Loan   6 Fairfield Inn Times Square Fee 6.8% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% Food 4 Less 8/23/2018 54,822 13.6%   La Curacao 1/31/2020 27,381 6.8%
Loan   8 The Henry 4.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   9 The Pinnacle at Bristol Phase II 3.1% Old Navy 6/30/2021 15,000 12.3%   Party City 1/31/2027 15,000 12.3%
Loan   10 Gateway Plaza 2.3% Dick’s Sporting Goods 1/31/2023 48,100 40.3%   HomeGoods 11/30/2025 20,000 16.8%
Loan   11 Centre City Tower 2.3% WPNT, Inc. (Steel City Media) 1/31/2020 18,352 6.5%   Jewish Healthcare Foundation 8/31/2021 16,861 6.0%
Loan   12 Residence Inn - Downtown Clearwater 2.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   13 Nameoki Commons 2.3% Shop N Save 9/30/2024 69,000 44.4%   Tee Profits Pro 6/30/2019 11,800 7.6%
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   15 Newington Business Center 2.2% ADS Warehouse Solutions, LLC 5/31/2026 309,600 50.4%   Huttig Building Products, Inc. 3/31/2018 135,213 22.0%
Loan   16 Sprayberry Square 1.9% LA Fitness 1/31/2024 45,000 35.2%   Academy of Ballet Arts 2/28/2026 10,575 8.3%
Loan 10 17 SpringHill Suites Louisville Airport 1.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 11, 12 18 Sixty Soho 1.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   19 Stadium Plaza North 1.7% Flips 1/31/2019 13,611 9.4%   Pump It Up 4/10/2018 10,572 7.3%
Loan 6, 13 20 Kansas IHG Portfolio 1.6%                  
Property   20.01 Holiday Inn Express - Wichita 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A
Property   20.02 Holiday Inn Express - Hutchinson 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6 23 Fred’s Portfolio 1.4%                  
Property   23.01 Fred’s-Mansfield, LA 0.2% Fred’s-Mansfield, LA 4/30/2027 16,799 100.0%   N/A N/A N/A N/A
Property   23.02 Fred’s-Soperton, GA 0.2% Fred’s-Soperton, GA 10/31/2026 16,799 100.0%   N/A N/A N/A N/A
Property   23.03 Fred’s-Haughton, LA 0.2% Fred’s-Haughton, LA 11/30/2023 16,471 100.0%   N/A N/A N/A N/A
Property   23.04 Fred’s-Sterlington, LA 0.2% Fred’s-Sterlington, LA 9/30/2023 16,471 100.0%   N/A N/A N/A N/A
Property   23.05 Fred’s-Richton, MS 0.2% Fred’s-Richton, MS 6/30/2023 16,471 100.0%   N/A N/A N/A N/A
Property   23.06 Fred’s-Brinkley, AR 0.2% Fred’s-Brinkley, AR 6/30/2022 16,000 100.0%   N/A N/A N/A N/A
Property   23.07 Fred’s-Haynesville, LA 0.2% Fred’s-Haynesville, LA 9/30/2023 16,471 100.0%   N/A N/A N/A N/A
Property   23.08 Fred’s-Ringgold, LA 0.1% Fred’s-Ringgold, LA 11/30/2022 12,000 100.0%   N/A N/A N/A N/A
Loan   24 Martin Resorts - Paso Robles Inn 1.3% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   25 Mini Storage Depot 1.2% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   26 Hilton Garden Inn Kennett Square 1.0% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 14 27 Bonanza Shopping Center 0.8% Grocery Outlet, Inc. 7/31/2025 18,100 26.0%   Family Dollar, Inc. 3/31/2022 10,150 14.6%
Loan   28 Woodland Village Apartments 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   29 Martin Resorts - The Inn at the Cove 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   30 Oak Creek Apartments 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   31 Chesapeake Square 0.6% Food Lion 12/31/2025 35,296 35.3%   Sears Hometown Store 7/9/2019 10,800 10.8%
Loan   32 Great Falls Plaza 0.6% Roses 8/31/2020 45,206 37.5%   Food Lion 9/30/2025 31,864 26.4%
Loan   33 321 West Geer Street 0.6% DPIT 1/31/2029 19,905 56.9%   Fullsteam Brewery 6/15/2019 15,095 43.1%
Loan   34 Carnegie Corporate Plaza 0.4% Carlisle Brake & Friction, Inc. 12/31/2024 59,646 75.5%   Carnegie Companies, Inc. 6/30/2023 5,320 6.7%
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% Bio-Medical Applications of Texas, Inc. d/b/a Fresenius Medical Care of Lubbock 4/25/2029 16,872 100.0%   N/A N/A N/A N/A
Loan   36 2074-2100 Park Street 0.4% Tapas on Park LLC 11/30/2026 7,388 16.0%   J’s Crabshack 5/31/2020 6,760 14.6%
Loan   37 StaxUp Self Storage - Calexico 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% Fresenius Medical Care Carbondale 12/31/2028 16,773 100.0%   N/A N/A N/A N/A

 

A-1-8

 

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

 

          3RD LARGEST TENANT INFORMATION   4TH LARGEST TENANT INFORMATION   5TH LARGEST TENANT INFORMATION
                                     
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
  4th Largest Tenant 4th Largest
Tenant Lease
Expiration
4th Largest
Tenant NSF
4th Largest
Tenant
% of NSF
  5th Largest Tenant 5th Largest
Tenant Lease
Expiration
5th Largest
Tenant NSF
5th Largest
Tenant
% of NSF
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% Babbo Enoteca Fp, LLC 9/1/2025 9,117 0.8%   Master Lease 5/1/2029 7,300 0.6%   Pier 50 LLC 10/1/2024 6,704 0.6%
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7%                            
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.05 SSTII Self Storage - Aurora, CO 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.06 SSTII Self Storage - Whittier, CA 0.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.07 SSTII Self Storage - Foley, AL 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.08 SSTII Self Storage - La Habra, CA 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.09 SSTII Self Storage - Upland, CA 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.10 SSTII Self Storage - Forestville, MD 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.11 SSTII Self Storage - Troy, MI 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.12 SSTII Self Storage - La Verne, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.15 SSTII Self Storage - Everett, WA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.20 SSTII Self Storage - Riverside, CA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.23 SSTII Self Storage - Littleton, CO 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.27 SSTII Self Storage - Tampa, FL 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   2.29 SSTII Self Storage - Chico, CA 0.1% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 7 3 132 West 27th Street 9.5% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8%                            
Property   4.01 Irish Hills Plaza 4.6% HomeGoods, Inc. 5/31/2024 20,059 14.5%   PetSmart 6/30/2022 20,004 14.5%   Old Navy 7/31/2017 15,130 10.9%
Property   4.02 Santa Maria Broadway Plaza 3.3% In Shape Health Club 7/17/2020 38,000 21.9%   Harbor Freight Tools 8/31/2017 12,500 7.2%   Wells Fargo 6/30/2023 5,529 3.2%
Loan   5 The 511 Building 6.9% TW Telecom 9/30/2021 22,858 7.7%   Verizon 3/31/2018 20,930 7.1%   Sungard 8/31/2019 19,998 6.8%
Loan   6 Fairfield Inn Times Square Fee 6.8% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% Rite Aid Corp. 5/31/2018 19,120 4.7%   Planet Fitness 9/30/2026 16,361 4.0%   Chuck-E-Cheese 12/31/2018 12,116 3.0%
Loan   8 The Henry 4.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   9 The Pinnacle at Bristol Phase II 3.1% American Eagle 1/31/2027 7,512 6.1%   Gap 5/31/2021 7,500 6.1%   Rack Room 7/31/2026 7,000 5.7%
Loan   10 Gateway Plaza 2.3% Staples 5/31/2023 16,650 14.0%   DSW Shoe Warehouse 3/31/2026 10,300 8.6%   The Patio Place 1/31/2022 7,740 6.5%
Loan   11 Centre City Tower 2.3% ShowClix, Inc. 11/30/2017 12,203 4.3%   Earthlink, Inc. 2/28/2019 12,203 4.3%   Stantec Architecture, Inc. 5/31/2017 12,203 4.3%
Loan   12 Residence Inn - Downtown Clearwater 2.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   13 Nameoki Commons 2.3% Club Fitness 3/31/2019 6,000 3.9%   Hibbett Sports 1/31/2019 5,335 3.4%   Jan’s Hallmark Gold Crown 2/28/2021 4,800 3.1%
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   15 Newington Business Center 2.2% Davidson Company Inc. of Meriden 1/31/2023 120,544 19.6%   Fun Quest, Inc. (Jump On In) 2/28/2026 10,459 1.7%   N/A N/A N/A N/A
Loan   16 Sprayberry Square 1.9% Dollar Tree 2/28/2018 8,300 6.5%   Star Bridge Sports, LLC 1/31/2021 6,600 5.2%   Jerseys Sports Bar & Grille 5/31/2017 5,212 4.1%
Loan 10 17 SpringHill Suites Louisville Airport 1.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 11, 12 18 Sixty Soho 1.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   19 Stadium Plaza North 1.7% OPARC 10/15/2018 7,742 5.3%   Luminary Automotive Corp 6/30/2017 7,630 5.3%   Festival Trading, Inc 11/30/2018 7,585 5.2%
Loan 6, 13 20 Kansas IHG Portfolio 1.6%                            
Property   20.01 Holiday Inn Express - Wichita 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   20.02 Holiday Inn Express - Hutchinson 0.8% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 6 23 Fred’s Portfolio 1.4%                            
Property   23.01 Fred’s-Mansfield, LA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.02 Fred’s-Soperton, GA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.03 Fred’s-Haughton, LA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.04 Fred’s-Sterlington, LA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.05 Fred’s-Richton, MS 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.06 Fred’s-Brinkley, AR 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.07 Fred’s-Haynesville, LA 0.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Property   23.08 Fred’s-Ringgold, LA 0.1% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   24 Martin Resorts - Paso Robles Inn 1.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   25 Mini Storage Depot 1.2% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   26 Hilton Garden Inn Kennett Square 1.0% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan 14 27 Bonanza Shopping Center 0.8% Certus Cross Fit (MJM Fitness, LLC) 3/31/2018 8,500 12.2%   Carl’s Jr. (Carl Karcher Enterprises, Inc.) 4/30/2021 3,155 4.5%   Minuteman Press (Marty Fanucchi & Nancy Fanucchi) 10/31/2018 2,400 3.4%
Loan   28 Woodland Village Apartments 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   29 Martin Resorts - The Inn at the Cove 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   30 Oak Creek Apartments 0.7% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   31 Chesapeake Square 0.6% Rite Aid 11/30/2017 10,010 10.0%   Virginia Employment Commission 6/30/2021 6,832 6.8%   Cato 1/31/2023 5,600 5.6%
Loan   32 Great Falls Plaza 0.6% GFB Inc. Sears 6/30/2018 20,020 16.6%   The Cato Corporation 1/31/2018 10,968 9.1%   Internet Café 6/30/2017 3,500 2.9%
Loan   33 321 West Geer Street 0.6% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   34 Carnegie Corporate Plaza 0.4% MRSC Ins. Partners, LLC 10/31/2020 4,760 6.0%   Palmieri Builders Inc. MTM 2,348 3.0%   N/A N/A N/A N/A
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   36 2074-2100 Park Street 0.4% Go Media 1/31/2018 4,495 9.7%   Pan Dell Cielo Bakery LLC 9/30/2018 3,400 7.4%   Center for Childrens Advocacy 7/31/2017 2,541 5.5%
Loan   37 StaxUp Self Storage - Calexico 0.4% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A

 

A-1-9

 

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

 

            MORTGAGE LOAN RESERVE INFORMATION
                                 
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap
Upfront TI/LC
 Reserves
Monthly TI/LC
Reserves
TI/LC
Reserve Cap
Upfront Tax
 Reserves
Monthly Tax
 Reserves
Upfront
Insurance Reserves
Monthly
Insurance
Reserves
Upfront
Deferred Maint.
Reserve
Loan 3 1 Vertex Pharmaceuticals HQ 9.7%   $0 $0   $0 $0   $0 $0 $0 $0 $0
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7%   $31,516 $31,516   $0 $0   $685,595 $123,908 $0 $0 $834,971
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%                        
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%                        
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%                        
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%                        
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%                        
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%                        
Property   2.07 SSTII Self Storage - Foley, AL 0.4%                        
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%                        
Property   2.09 SSTII Self Storage - Upland, CA 0.4%                        
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%                        
Property   2.11 SSTII Self Storage - Troy, MI 0.3%                        
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%                        
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%                        
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%                        
Property   2.15 SSTII Self Storage - Everett, WA 0.3%                        
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%                        
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%                        
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%                        
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%                        
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%                        
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%                        
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%                        
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%                        
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%                        
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%                        
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%                        
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%                        
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%                        
Property   2.29 SSTII Self Storage - Chico, CA 0.1%                        
Loan 7 3 132 West 27th Street 9.5%   $0 $2,454   $0 $0   $0 $0 $0 $0 $0
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8%   $0 $3,898 Irish Hills Capital Expenditure Funds: $130,139.40 $0 $25,985 $1,559,080 $173,520 $48,200 $114,733 $0 $3,625
Property   4.01 Irish Hills Plaza 4.6%                        
Property   4.02 Santa Maria Broadway Plaza 3.3%                        
Loan   5 The 511 Building 6.9%   $0 $5,167   $0 $25,000 $300,000 provided that the DSCR is greater than or equal to 1.80x $130,039 $23,221 $44,198 $4,604 $12,500
Loan   6 Fairfield Inn Times Square Fee 6.8%   $0 $0   $0 $0   $469,464 $234,732 $99,780 $9,978 $9,375
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6%   $0 $5,051   $0 $33,672 $1,212,192 $289,261 $57,852 $53,346 $8,891 $50,500
Loan   8 The Henry 4.2%   $0 $75,841   $0 $0   $163,327 $15,408 $117,528 $9,328 $0
Loan   9 The Pinnacle at Bristol Phase II 3.1%   $0 $0   $11,217 $11,217   $176,770 $25,253 $0 $0 $0
Loan   10 Gateway Plaza 2.3%   $1,988 $1,988 $50,000 $6,959 $6,959 $350,000 - so long as no Cash Sweep Period or HomeGoods Termination Period is ongoing. $52,916 $10,583 $0 $0 $0
Loan   11 Centre City Tower 2.3%   $0 $10,844   $500,000 $29,467   $48,364 $30,227 $6,551 $4,094 $379,213
Loan   12 Residence Inn - Downtown Clearwater 2.3%   $64,375 $17,444   $0 $0   $176,149 $18,349 $73,700 $6,953 $0
Loan   13 Nameoki Commons 2.3%   $0 $2,590   $0 $7,771   $332,616 $38,676 $0 $0 $10,398
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2%   $0 $19,356   $0 $0   $79,180 $14,139 $0 $0 $8,125
Loan   15 Newington Business Center 2.2%   $0 $7,683 $190,000 $380,000 $0 $380,000 $66,934 $25,744 $0 $8,401 $1,500
Loan   16 Sprayberry Square 1.9%   $0 $2,350 $57,600 $0 $8,000 $288,000 $115,309 $12,812 $0 $0 $58,363
Loan 10 17 SpringHill Suites Louisville Airport 1.7%   $500,000 $0   $0 $0   $53,861 $6,733 $0 $0 $0
Loan 11, 12 18 Sixty Soho 1.7%   $0 $0   $0 $0   $274,110 $137,055 $74,414 $12,402 $20,038
Loan   19 Stadium Plaza North 1.7%   $0 $1,811   $0 $6,036 $300,000 provided cap conditions are met $37,026 $14,241 $10,920 $1,950 $2,500
Loan 6, 13 20 Kansas IHG Portfolio 1.6%   $0 $12,452   $0 $0   $37,091 $10,303 $44,506 $4,636 $0
Property   20.01 Holiday Inn Express - Wichita 0.8%                        
Property   20.02 Holiday Inn Express - Hutchinson 0.8%                        
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6%   $0 $14,515   $0 $0   $91,002 $16,250 $0 $0 $0
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6%   $0 $15,658   $0 $0   $55,557 $9,921 $0 $0 $1,563
Loan 6 23 Fred’s Portfolio 1.4%   $0 $5,312   $0 $1,594   $47,216 $9,443 $10,625 $5,312 $9,016
Property   23.01 Fred’s-Mansfield, LA 0.2%                        
Property   23.02 Fred’s-Soperton, GA 0.2%                        
Property   23.03 Fred’s-Haughton, LA 0.2%                        
Property   23.04 Fred’s-Sterlington, LA 0.2%                        
Property   23.05 Fred’s-Richton, MS 0.2%                        
Property   23.06 Fred’s-Brinkley, AR 0.2%                        
Property   23.07 Fred’s-Haynesville, LA 0.2%                        
Property   23.08 Fred’s-Ringgold, LA 0.1%                        
Loan   24 Martin Resorts - Paso Robles Inn 1.3%   $0 $23,359   $0 $0   $63,462 $11,333 $0 $0 $0
Loan   25 Mini Storage Depot 1.2%   $925 $925   $0 $0   $0 $6,360 $4,871 $696 $0
Loan   26 Hilton Garden Inn Kennett Square 1.0%   $0 $12,424   $0 $0   $21,476 $12,045 $0 $0 $0
Loan 14 27 Bonanza Shopping Center 0.8%   $42,000 $0 $41,810 $300,000 $0 $174,210 $28,472 $7,909 $7,370 $768 $18,300
Loan   28 Woodland Village Apartments 0.7%   $0 $2,000   $0 $0   $56,832 $6,608 $2,980 $1,862 $0
Loan   29 Martin Resorts - The Inn at the Cove 0.7%   $0 $10,059   $0 $0   $50,040 $8,936 $0 $0 $7,094
Loan   30 Oak Creek Apartments 0.7%   $522,500 $5,030   $0 $0   $10,828 $10,828 $18,221 $9,111 $0
Loan   31 Chesapeake Square 0.6%   $1,664 $1,664   $50,000 $5,220   $8,485 $2,828 $12,714 $1,413 $42,831
Loan   32 Great Falls Plaza 0.6%   $0 $2,915   $5,000 $3,016 $144,749 $44,540 $5,568 $8,916 $1,486 $179,563
Loan   33 321 West Geer Street 0.6%   $600 $600   $2,535 $2,535   $22,545 $2,818 $0 $0 $0
Loan   34 Carnegie Corporate Plaza 0.4%   $1,317 $1,317 $63,211 $2,634 $2,634 $126,422 $17,065 $8,533 $17,711 $1,968 $0
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4%   $0 $0   $0 $0 $198,000, only if Major Tenant Vacation and Major Tenant continues to pay rent $0 $0 $0 $0 $0
Loan   36 2074-2100 Park Street 0.4%   $1,521 $1,521   $0 $932   $40,200 $6,700 $6,350 $800 $92,594
Loan   37 StaxUp Self Storage - Calexico 0.4%   $725 $725   $0 $0   $1,966 $1,966 $4,468 $447 $27,688
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3%   $0 $0   $0 $0 $198,000, only if Major Tenant Vacation and Major Tenant continues to pay rent $0 $0 $0 $0 $0

 

A-1-10

 

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

 

          MORTGAGE LOAN RESERVE INFORMATION  
               
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Initial Other
Reserves
Ongoing Other
Reserves
Other Reserves Description
Loan 3 1 Vertex Pharmaceuticals HQ 9.7% $0 $0 N/A
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7% $0 $0 N/A
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%      
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%      
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%      
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%      
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%      
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%      
Property   2.07 SSTII Self Storage - Foley, AL 0.4%      
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%      
Property   2.09 SSTII Self Storage - Upland, CA 0.4%      
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%      
Property   2.11 SSTII Self Storage - Troy, MI 0.3%      
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%      
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%      
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%      
Property   2.15 SSTII Self Storage - Everett, WA 0.3%      
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%      
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%      
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%      
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%      
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%      
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%      
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%      
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%      
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%      
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%      
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%      
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%      
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%      
Property   2.29 SSTII Self Storage - Chico, CA 0.1%      
Loan 7 3 132 West 27th Street 9.5% $2,000,000 $0 Pro Forma Underwritten Rent Reserve Funds
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8% $865,000 $0 Santa Barbara County Reserve Funds: ($600,000); Pool Restoration Reserve Funds: ($15,000); Environmental Reserve: ($250,000)
Property   4.01 Irish Hills Plaza 4.6%      
Property   4.02 Santa Maria Broadway Plaza 3.3%      
Loan   5 The 511 Building 6.9% $0 $0 N/A
Loan   6 Fairfield Inn Times Square Fee 6.8% $0 $0 N/A
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6% $1,770,369 $0 Various ($1,770,369)
Loan   8 The Henry 4.2% $0 $0 N/A
Loan   9 The Pinnacle at Bristol Phase II 3.1% $1,105,746 $0 Future Lease Rent Reserve ($103,867); TILC Reserve ($449,500); Lease Termination Fees Reserve(Springing); Construction Reserve ($184,501); Vacant Space Reserve($367,879)
Loan   10 Gateway Plaza 2.3% $60,953 $0 Patio Place Reserve ($60,952.50); Dick’s Reserve (Springing)
Loan   11 Centre City Tower 2.3% $30,019 $0 Tenant Obligation Funds
Loan   12 Residence Inn - Downtown Clearwater 2.3% $318,610 $0 PIP Funds ($234,610); Seasonality Reserve Funds ($84,000)
Loan   13 Nameoki Commons 2.3% $0 $0 N/A
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2% $544,372 $0 Seasonality Reserve Funds ($57,768); Stabilization Reserve Funds ($428,000); PIP Reserve Funds ($58,604)
Loan   15 Newington Business Center 2.2% $229,104 $0 ADS Warehouse Solutions Reduced Rent Reserve Fund
Loan   16 Sprayberry Square 1.9% $18,750 $0 Environmental Escrow
Loan 10 17 SpringHill Suites Louisville Airport 1.7% $0 $0 Required Future PIP Renovations
Loan 11, 12 18 Sixty Soho 1.7% $537,500 Basement Lease Reserve: on each Payment Date commencing with the Payment Date occurring in April 2015, an amount equal to the fixed annual rent that will be payable for the month in which such Payment Date occurs. Free Rent Reserve (Upfront: $30,000); Restaurant TI/LC Reserve (Upfront: $500,000); Basement Lease Reserve (Upfront: $7,500)
Loan   19 Stadium Plaza North 1.7% $28,768 $0 Unfunded Tenant Obligations Reserve Funds
Loan 6, 13 20 Kansas IHG Portfolio 1.6% $100,000 $0 Seasonality Reserve Funds
Property   20.01 Holiday Inn Express - Wichita 0.8%      
Property   20.02 Holiday Inn Express - Hutchinson 0.8%      
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6% $154,007 $0 Seasonality Reserve Funds
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6% $32,074 $0 Seasonality Reserve Funds
Loan 6 23 Fred’s Portfolio 1.4% $0 $0 N/A
Property   23.01 Fred’s-Mansfield, LA 0.2%      
Property   23.02 Fred’s-Soperton, GA 0.2%      
Property   23.03 Fred’s-Haughton, LA 0.2%      
Property   23.04 Fred’s-Sterlington, LA 0.2%      
Property   23.05 Fred’s-Richton, MS 0.2%      
Property   23.06 Fred’s-Brinkley, AR 0.2%      
Property   23.07 Fred’s-Haynesville, LA 0.2%      
Property   23.08 Fred’s-Ringgold, LA 0.1%      
Loan   24 Martin Resorts - Paso Robles Inn 1.3% $0 $0 N/A
Loan   25 Mini Storage Depot 1.2% $25,000 $0 Environmental Reserve
Loan   26 Hilton Garden Inn Kennett Square 1.0% $0 $0 N/A
Loan 14 27 Bonanza Shopping Center 0.8% $218,000 $0 Ground Rent Funds ($18,000); Unfunded Tenant Obligations Funds ($200,000)
Loan   28 Woodland Village Apartments 0.7% $0 $0 N/A
Loan   29 Martin Resorts - The Inn at the Cove 0.7% $32,877 $0 Seasonality Reserve Funds
Loan   30 Oak Creek Apartments 0.7% $0 $0 N/A
Loan   31 Chesapeake Square 0.6% $764,612 $0 Food Lion Reserve ($600,000); Hibbett Reserve ($127,000); Rent Concession Reserve ($30,450);  Rite Aid Reserve ($7,162)
Loan   32 Great Falls Plaza 0.6% $19,384 $0 Free Rent Reserve (Upfront: 19,384.32)
Loan   33 321 West Geer Street 0.6% $0 $0 Major Tenant Rollover Reserve
Loan   34 Carnegie Corporate Plaza 0.4% $0 $0 N/A
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4% $0 $0 N/A
Loan   36 2074-2100 Park Street 0.4% $75,000 $0 Majorca TI/LC Reserve (Upfront: $50,000); J’s Crabshack TI/LC Reserve (Upfront: $25,000)
Loan   37 StaxUp Self Storage - Calexico 0.4% $0 $0 N/A
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3% $0 $0 N/A

 

A-1-11

 

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

 

            THIRD PARTY REPORTS
                         
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
  Appraisal
Report Date
Environmental
Phase I
Report Date
Environmental
Phase II
Report Date
Engineering
Report Date
Seismic
Report Date
Seismic Zone (Y/N) PML %
Loan 3 1 Vertex Pharmaceuticals HQ 9.7%   6/27/2016 6/10/2016 N/A 6/14/2016 N/A No N/A
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7%                
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%   7/27/2016 12/3/2015 N/A 12/3/2015 N/A No N/A
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%   7/15/2016 10/6/2015 N/A 10/12/2015 10/12/2015 Yes 11.00%
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%   7/20/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 11.00%
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%   7/20/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 9.00%
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%   7/15/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%   7/21/2016 10/13/2015 N/A 10/12/2015 10/12/2015 Yes 14.00%
Property   2.07 SSTII Self Storage - Foley, AL 0.4%   7/27/2016 7/12/2016 N/A 7/12/2016 N/A No N/A
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%   7/19/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 8.00%
Property   2.09 SSTII Self Storage - Upland, CA 0.4%   7/20/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 12.00%
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%   7/18/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.11 SSTII Self Storage - Troy, MI 0.3%   7/22/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%   7/19/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 10.00%
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%   7/15/2016 10/13/2015 N/A 10/12/2015 10/12/2015 Yes 6.00%
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%   7/15/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 11.00%
Property   2.15 SSTII Self Storage - Everett, WA 0.3%   7/14/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 7.00%
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%   7/19/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 15.00%
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%   7/20/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%   7/14/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%   7/19/2016 12/17/2015 N/A 12/22/2015 2/23/2016 Yes 6.00%
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%   7/19/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 16.00%
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%   7/26/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%   7/20/2016 10/13/2015 N/A 10/12/2015 N/A No N/A
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%   7/18/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%   7/20/2016 10/13/2015 N/A 10/12/2015 N/A No N/A
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%   7/19/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 10.00%
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%   7/20/2016 10/12/2015 N/A 10/12/2015 N/A No N/A
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%   7/27/2016 9/24/2015 N/A 9/29/2015 N/A No N/A
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%   7/12/2016 10/13/2015 N/A 10/12/2015 N/A No N/A
Property   2.29 SSTII Self Storage - Chico, CA 0.1%   7/15/2016 10/12/2015 N/A 10/12/2015 10/12/2015 Yes 4.00%
Loan 7 3 132 West 27th Street 9.5%   6/28/2016 6/16/2016 N/A 6/15/2016 N/A N/A N/A
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8%                
Property   4.01 Irish Hills Plaza 4.6%   7/20/2016 5/16/2016 N/A 5/16/2016 5/16/2016 Yes 10.00%
Property   4.02 Santa Maria Broadway Plaza 3.3%   7/20/2016 5/23/2016 N/A 5/17/2016 5/17/2016 Yes 12.00%
Loan   5 The 511 Building 6.9%   7/8/2016 6/10/2016 N/A 6/10/2016 N/A N/A N/A
Loan   6 Fairfield Inn Times Square Fee 6.8%   7/8/2016 5/27/2016 N/A 5/27/2016 N/A No N/A
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6%   3/16/2016 3/18/2016 N/A 3/18/2016 3/18/2016 Yes 13.00%
Loan   8 The Henry 4.2%   6/3/2016 6/6/2016 N/A 6/6/2016 N/A No N/A
Loan   9 The Pinnacle at Bristol Phase II 3.1%   7/21/2016 7/7/2016 N/A 6/28/2016 N/A No N/A
Loan   10 Gateway Plaza 2.3%   7/25/2016 7/20/2016 N/A 7/20/2016 7/20/2016 Yes 9.00%
Loan   11 Centre City Tower 2.3%   5/19/2016 4/21/2016 N/A 4/21/2016 N/A No N/A
Loan   12 Residence Inn - Downtown Clearwater 2.3%   6/16/2016 5/26/2016 N/A 5/25/2016 N/A No N/A
Loan   13 Nameoki Commons 2.3%   6/17/2016 5/25/2016 N/A 5/25/2016 N/A No N/A
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2%   7/20/2016 4/29/2016 N/A 4/29/2016 7/15/2016 Yes 12.00%
Loan   15 Newington Business Center 2.2%   6/14/2016 11/23/2015 N/A 11/25/2015 N/A No N/A
Loan   16 Sprayberry Square 1.9%   7/6/2016 6/16/2016 N/A 7/5/2016 N/A No N/A
Loan 10 17 SpringHill Suites Louisville Airport 1.7%   7/14/2016 7/13/2016 N/A 7/7/2016 N/A No N/A
Loan 11, 12 18 Sixty Soho 1.7%   7/26/2016 7/13/2016 N/A 7/14/2016 N/A No N/A
Loan   19 Stadium Plaza North 1.7%   6/28/2016 5/31/2016 N/A 6/2/2016 6/2/2016 Yes 12.00%
Loan 6, 13 20 Kansas IHG Portfolio 1.6%                
Property   20.01 Holiday Inn Express - Wichita 0.8%   8/2/2016 7/5/2016 N/A 7/5/2016 N/A No N/A
Property   20.02 Holiday Inn Express - Hutchinson 0.8%   8/2/2016 5/25/2016 N/A 5/24/2016 N/A No N/A
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6%   7/20/2016 4/29/2016 N/A 4/29/2016 7/15/2016 Yes 8.00%
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6%   7/20/2016 4/29/2016 N/A 4/29/2016 7/15/2016 Yes 8.00%
Loan 6 23 Fred’s Portfolio 1.4%                
Property   23.01 Fred’s-Mansfield, LA 0.2%   5/22/2016 1/22/2016 N/A 1/22/2016 N/A No N/A
Property   23.02 Fred’s-Soperton, GA 0.2%   2/15/2016 1/25/2016 N/A 1/25/2016 N/A No N/A
Property   23.03 Fred’s-Haughton, LA 0.2%   5/22/2016 1/25/2016 N/A 1/25/2016 N/A No N/A
Property   23.04 Fred’s-Sterlington, LA 0.2%   5/22/2016 1/25/2016 N/A 1/25/2016 N/A No N/A
Property   23.05 Fred’s-Richton, MS 0.2%   6/2/2016 2/10/2016 N/A 1/25/2016 N/A No N/A
Property   23.06 Fred’s-Brinkley, AR 0.2%   2/16/2016 1/22/2016 N/A 1/22/2016 N/A No N/A
Property   23.07 Fred’s-Haynesville, LA 0.2%   5/22/2016 1/22/2016 N/A 1/22/2016 N/A No N/A
Property   23.08 Fred’s-Ringgold, LA 0.1%   5/22/2016 1/22/2016 N/A 1/22/2016 N/A No N/A
Loan   24 Martin Resorts - Paso Robles Inn 1.3%   7/20/2016 4/29/2016 N/A 4/29/2016 7/15/2016 Yes 14.00%
Loan   25 Mini Storage Depot 1.2%   6/30/2016 6/14/2016 N/A 6/16/2016 N/A No N/A
Loan   26 Hilton Garden Inn Kennett Square 1.0%   7/19/2016 7/19/2016 N/A 6/23/2016 N/A No N/A
Loan 14 27 Bonanza Shopping Center 0.8%   7/27/2016 2/9/2016 N/A 1/26/2016 7/11/2016 Yes 8.00%
Loan   28 Woodland Village Apartments 0.7%   6/21/2016 7/12/2016 N/A 7/11/2016 N/A No N/A
Loan   29 Martin Resorts - The Inn at the Cove 0.7%   7/20/2016 4/29/2016 N/A 4/29/2016 7/15/2016 Yes 8.00%
Loan   30 Oak Creek Apartments 0.7%   11/24/2015 11/17/2015 N/A 11/17/2015 N/A No N/A
Loan   31 Chesapeake Square 0.6%   7/6/2016 10/19/2015 N/A 10/8/2015 N/A No N/A
Loan   32 Great Falls Plaza 0.6%   6/28/2016 2/22/2016 N/A 2/19/2016 N/A No N/A
Loan   33 321 West Geer Street 0.6%   7/8/2016 1/29/2016 N/A 1/26/2016 N/A No N/A
Loan   34 Carnegie Corporate Plaza 0.4%   7/22/2016 6/24/2016 N/A 6/24/2016 N/A No N/A
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4%   7/26/2016 7/5/2016 N/A 7/7/2016 N/A No N/A
Loan   36 2074-2100 Park Street 0.4%   5/20/2016 12/10/2015 N/A 12/8/2015 N/A No N/A
Loan   37 StaxUp Self Storage - Calexico 0.4%   9/18/2015 9/14/2015 N/A 9/16/2015 9/16/2015 Yes 7.00%
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3%   7/20/2016 7/6/2016 N/A 7/6/2016 N/A No N/A

 

A-1-12

 

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

 

            TOTAL MORTGAGE DEBT INFORMATION   TOTAL DEBT INFORMATION
                               
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
  Cut-off Date
Pari Passu Mortgage
Debt Balance
Cut-off Date
Subord. Mortgage
Debt Balance
Total Mortgage
Debt Cut-off

Date LTV Ratio
Total Mortgage
Debt UW
NCF DSCR
Total Mortgage
Debt UW NOI
Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date

LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
Loan 3 1 Vertex Pharmaceuticals HQ 9.7%   $355,000,000   35.5% 6.28x 17.9%   $195,000,000 51.8% 3.42x 12.3%
Loan 4, 5, 6 2 SSTII Self Storage Portfolio 9.7%   $25,000,000   45.0% 1.84x 10.8%          
Property   2.01 SSTII Self Storage - Boynton Beach, FL 0.8%                      
Property   2.02 SSTII Self Storage - Santa Rosa, CA 0.7%                      
Property   2.03 SSTII Self Storage - Huntington Beach, CA 0.7%                      
Property   2.04 SSTII Self Storage - Santa Ana, CA 0.5%                      
Property   2.05 SSTII Self Storage - Aurora, CO 0.5%                      
Property   2.06 SSTII Self Storage - Whittier, CA 0.5%                      
Property   2.07 SSTII Self Storage - Foley, AL 0.4%                      
Property   2.08 SSTII Self Storage - La Habra, CA 0.4%                      
Property   2.09 SSTII Self Storage - Upland, CA 0.4%                      
Property   2.10 SSTII Self Storage - Forestville, MD 0.4%                      
Property   2.11 SSTII Self Storage - Troy, MI 0.3%                      
Property   2.12 SSTII Self Storage - La Verne, CA 0.3%                      
Property   2.13 SSTII Self Storage - Lompoc, CA 0.3%                      
Property   2.14 SSTII Self Storage - Fairfield, CA 0.3%                      
Property   2.15 SSTII Self Storage - Everett, WA 0.3%                      
Property   2.16 SSTII Self Storage - Monterey Park, CA 0.3%                      
Property   2.17 SSTII Self Storage - Bloomingdale, IL 0.2%                      
Property   2.18 SSTII Self Storage - Federal Heights, CO 0.2%                      
Property   2.19 SSTII Self Storage - Lancaster, CA (43707) 0.2%                      
Property   2.20 SSTII Self Storage - Riverside, CA 0.2%                      
Property   2.21 SSTII Self Storage - Sterling Heights, MI 0.2%                      
Property   2.22 SSTII Self Storage - Warren, MI (Ryan) 0.2%                      
Property   2.23 SSTII Self Storage - Littleton, CO 0.2%                      
Property   2.24 SSTII Self Storage - Warren, MI (Groesbeck) 0.2%                      
Property   2.25 SSTII Self Storage - Lancaster, CA (43745) 0.2%                      
Property   2.26 SSTII Self Storage - Crestwood, IL 0.2%                      
Property   2.27 SSTII Self Storage - Tampa, FL 0.2%                      
Property   2.28 SSTII Self Storage - Beverly, NJ 0.1%                      
Property   2.29 SSTII Self Storage - Chico, CA 0.1%                      
Loan 7 3 132 West 27th Street 9.5%   $36,750,000   47.3% 1.70x 10.0%          
Loan 6 4 Irish Hills Plaza & Broadway Plaza 7.8%                      
Property   4.01 Irish Hills Plaza 4.6%                      
Property   4.02 Santa Maria Broadway Plaza 3.3%                      
Loan   5 The 511 Building 6.9%                      
Loan   6 Fairfield Inn Times Square Fee 6.8%               $11,000,000 72.8% 1.22x 6.0%
Loan 8, 9 7 Plaza Mexico - Los Angeles 5.6%   $66,000,000   57.6% 1.85x 9.1%   $14,000,000 65.2% 1.36x 8.0%
Loan   8 The Henry 4.2%                      
Loan   9 The Pinnacle at Bristol Phase II 3.1%                      
Loan   10 Gateway Plaza 2.3%                      
Loan   11 Centre City Tower 2.3%                      
Loan   12 Residence Inn - Downtown Clearwater 2.3%                      
Loan   13 Nameoki Commons 2.3%                      
Loan   14 Martin Resorts - Best Western Plus Shore Cliff Lodge 2.2%                      
Loan   15 Newington Business Center 2.2%                      
Loan   16 Sprayberry Square 1.9%                      
Loan 10 17 SpringHill Suites Louisville Airport 1.7%                      
Loan 11, 12 18 Sixty Soho 1.7%   $26,650,000   47.8% 2.01x 11.1%          
Loan   19 Stadium Plaza North 1.7%                      
Loan 6, 13 20 Kansas IHG Portfolio 1.6%                      
Property   20.01 Holiday Inn Express - Wichita 0.8%                      
Property   20.02 Holiday Inn Express - Hutchinson 0.8%                      
Loan   21 Martin Resorts - Avila Lighthouse Suites 1.6%                      
Loan   22 Martin Resorts - Pismo Lighthouse Suites 1.6%                      
Loan 6 23 Fred’s Portfolio 1.4%                      
Property   23.01 Fred’s-Mansfield, LA 0.2%                      
Property   23.02 Fred’s-Soperton, GA 0.2%                      
Property   23.03 Fred’s-Haughton, LA 0.2%                      
Property   23.04 Fred’s-Sterlington, LA 0.2%                      
Property   23.05 Fred’s-Richton, MS 0.2%                      
Property   23.06 Fred’s-Brinkley, AR 0.2%                      
Property   23.07 Fred’s-Haynesville, LA 0.2%                      
Property   23.08 Fred’s-Ringgold, LA 0.1%                      
Loan   24 Martin Resorts - Paso Robles Inn 1.3%                      
Loan   25 Mini Storage Depot 1.2%                      
Loan   26 Hilton Garden Inn Kennett Square 1.0%                      
Loan 14 27 Bonanza Shopping Center 0.8%                      
Loan   28 Woodland Village Apartments 0.7%                      
Loan   29 Martin Resorts - The Inn at the Cove 0.7%                      
Loan   30 Oak Creek Apartments 0.7%                      
Loan   31 Chesapeake Square 0.6%                      
Loan   32 Great Falls Plaza 0.6%                      
Loan   33 321 West Geer Street 0.6%                      
Loan   34 Carnegie Corporate Plaza 0.4%                      
Loan   35 Fresenius Medical Care - Lubbock, TX 0.4%                      
Loan   36 2074-2100 Park Street 0.4%                      
Loan   37 StaxUp Self Storage - Calexico 0.4%                      
Loan   38 Fresenius Medical Care - Carbondale, IL 0.3%                      

 

A-1-13

 

 

  MSC 2016-UBS11
   
  Footnotes to Annex A-1
   
(1) MSBNA—Morgan Stanley Bank, N.A.; CGMRC—Citigroup Global Markets Realty Corp.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; KeyBank—KeyBank National Association; UBSRES—UBS Real Estate Securities Inc.; CCRE—Cantor Commercial Real Estate Lending, L.P.; Natixis—Natixis Real Estate Capital LLC
   
(2) The Administrative Cost Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan.
   
(3) Mortgage Loan No. 1, Vertex Pharmaceuticals HQ, is part of a non-serviced whole loan that is evidenced by ten (10) pari passu promissory notes with an aggregate Cut-off Date principal balance of $425,000,000. The Vertex Pharmaceuticals HQ mortgage loan is evidenced by two pari passu promissory notes (Note A-2-1 and Note A-2-2) with an outstanding principal balance as of the Cut-off Date of $70,000,000. The pari passu promissory notes that are not included in the Issuing Entity (Notes A-1, A-2-3, A-3, A-4, A-5, A-6-1, A-6-2 and A-7) evidence the related non-serviced pari passu companion loans, which have an aggregate outstanding principal balance as of the Cut-off Date of $355,000,000. Note A-1 is expected to be contributed to the WFCM 2016-BNK1 transaction, and the remaining pari passu companion notes are currently held by MSBNA or an affiliate (as to Notes A-2-3, A-3 and A-4) and Citigroup Global Markets Realty Corp. or an affiliate (as to Notes A-5, A-6-1, A-6-2 and A-7) and may be contributed to one or more securitizations or otherwise transferred at any time. The Vertex Pharmaceuticals HQ whole loan is expected to be serviced pursuant to the pooling and servicing agreement for the WFCM 2016-BNK1 transaction. Defeasance is permitted at any time on or after the earlier of (a) the end of the two-year period commencing on the securitization closing date with respect to the last Vertex Pharmaceuticals HQ promissory note to be securitized and (b) January 15, 2020. Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations include the related non-serviced pari passu companion loans. See “Description of the Mortgage Pool—The Whole Loans—The Non-Serviced Pari Passu Whole Loans—The Vertex Pharmaceuticals HQ Whole Loan” and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans” in the Preliminary Prospectus.
   
(4) Mortgage Loan No. 2, SSTII Self Storage Portfolio, is part of a whole loan that is evidenced by two (2) pari passu promissory notes with an aggregate Cut-off Date principal balance of $95,000,000. The SSTII Self Storage Portfolio mortgage loan is evidenced by one such pari passu promissory note (Note A-1) with an outstanding principal balance as of the Cut-off Date of $70,000,000. The pari passu promissory note that is not included in the Issuing Entity Note (Note A-2) evidences the related serviced companion loan, which had an outstanding principal balance as of the Cut-off Date of $25,000,000 and is currently held by KeyBank National Association on the closing date of this transaction and is expected to be contributed to a future securitization trust. The SSTII Self Storage Portfolio sholw loan will be serviced pursuant to the pooling and servicing agreement for this transaction. Defeasance is permitted at any time on or after the earlier of (a) the end of the two-year period commencing on the securitization closing date with respect to the last SSTII Self Storage Portfolio promissory note to be securitized and (b) September 1, 2019. Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations include the related pari passu non-serviced companion loan. See “Description of the Mortgage Pool—The Whole Loans— 

 

A-1-14

 

 

  The Serviced Pari Passu Whole Loans—The SSTII Self Storage Portfolio Whole Loan” and “Pooling and Servicing Agreement” in the Preliminary Prospectus.
   
(5) With respect to Mortgage Loan No. 2, SSTII Self Storage Portfolio, the appraised value represents the “portfolio value” conclusion. The sum of the values on a stand-alone basis is $191,950,000 resulting in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 49.5% and 44.9%, respectively. Partial collateral releases are permitted within the terms of the SSTII Self Storage Portfolio Loan. See “Risk Factors—Risks Related to the Mortgage Loans—Appraisals May Not Reflect Current or Future Market Value of Each Property”, “Description of the Mortgage Pool—Appraised Value” and “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases” in the Preliminary Prospectus.
   
(6) With respect to Mortgage Loan Nos. 2, 4, 20, 23, SSTII Self Storage Portfolio, Irish Hills Plaza & Broadway Plaza, Kansas IHG Portfolio and Fred’s Portfolio, each such mortgage loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or UW NCF, among other methods.
   
(7) Mortgage Loan No. 3, 132 West 27th Street, is part of a whole loan that is evidenced by three (3) pari passu promissory notes with an aggregate Cut-off Date principal balance of $105,000,000. The 132 West 27th Street mortgage loan is evidenced by two (2) such pari passu promissory notes (Note A-1 and Note A-2) with an outstanding aggregate principal balance as of the Cut-off Date of $68,250,000. The pari passu promissory note that is not included in the Issuing Entity evidences the related serviced companion loan (Note A-3), which had an outstanding principal balance as of the Cut-off Date of $36,750,000 and is currently held by Cantor Commercial Real Estate Lending L.P., or an affiliate thereof and may be contributed to a future securitization trust or otherwise transferred at any time. The 132 West 27th Street whole loan will be serviced pursuant to the pooling and servicing agreement for this transaction. Prepayment with Yield Maintenance is permitted on or after the permitted prepayment date of September 6, 2018 per the loan agreement.  Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations include the related pari passu serviced companion loan. See “Description of the Mortgage Pool—The Whole Loans— The Serviced Pari Passu Whole Loans—The 132 West 27th Street Whole Loan” and “Pooling and Servicing Agreement” in the Preliminary Prospectus.
   
(8) Mortgage Loan No. 7, Plaza Mexico – Los Angeles, is part of a whole loan that is evidenced by six pari passu promissory notes with an aggregate Cut-off Date principal balance of $106,000,000. The Plaza Mexico – Los Angeles mortgage loan is evidenced by Note A-2 and Note A-3 which have an outstanding principal balance as of the Cut-off Date of $40,000,000. The mortgaged property is also security for Note A-1 and Note A-6 (included in the SG Commercial Mortgage Securities Trust 2016-C5), which have an aggregate outstanding principal balance as of the Cut-off Date of $36,000,000, and Note A-4 and Note A-5 (currently held by Natixis Real Estate Capital LLC and may be contributed to one or more future securitizations), which have an aggregate outstanding principal balance as of the Cut-off Date of $30,000,000. The Plaza Mexico – Los Angeles loan is being serviced, prior to the closing date of this transaction, pursuant to the pooling and servicing agreement for the SG Commercial Mortgage Securities Trust 2016-C5, and on and after the closing date of this transaction will be serviced pursuant to the pooling and servicing agreement for this transaction. Defeasance is permitted at any time on or after the earlier of (a) the end of the two-year period commencing on the securitization closing date with respect to the last Plaza Mexico – Los Angeles promissory note to be securitized and (b) the 36th month following the closing date of the Plaza Mexico – Los Angeles mortgage loan. Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations include the related pari passu companion loan. See

 

A-1-15

 

 

  Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans—The Plaza Mexico – Los Angeles Whole Loan” and “Pooling and Servicing Agreement” in the Preliminary Prospectus.
   
(9) Other upfront reserves for Mortgage Loan No. 7, Plaza Mexico -- Los Angeles, include reserves for Free Rent (Upfront: $744,439); Planet Fitness TI/LC (Upfront: $611,613); Food 4 Less CAM (Upfront: $88,068); La Curacao CAM (Upfront: $50,000); Litigation (Upfront: $56,250); Proposed Construction (Upfront: $69,999); and Earthquake Insurance (Upfront: $150,000).
   
(10) The sponsors and non-recourse carve-out guarantors for Mortgage Loan No. 17, SpringHill Suites Louisville Airport, are Philip W. Morris; Rebecca H. Morris; Holloway 2007 Trust under the Holloway 2007 Trust Agreement dated August 21, 2007; Holloway Gift Trust under the Holloway Gift Trust Agreement dated December 30, 2008.
   
(11) Mortgage Loan No. 18, Sixty Soho, is part of a whole loan that is evidenced by two pari passu promissory notes with an aggregate Cut-off Date principal balance of $38,650,000. The Sixty Soho mortgage loan is evidenced by Note A-2, which has an outstanding principal balance as of the Cut-off Date of $12,000,000. The mortgaged property is also security for Note A-1 (currently held by Natixis Real Estate Capital LLC and may be contributed to one or more future securitizations), which has an outstanding principal balance as of the Cut-off Date of $26,650,000. The Sixty Soho whole loan will initially be serviced pursuant to the pooling and servicing agreement for this transaction. After the securitization of Note A-1, however, the Sixty Soho whole loan will be serviced under the pooling and servicing agreement entered into in connection with such securitization. Defeasance is permitted at any time on or after the earlier of (a) the end of the two-year period commencing on the securitization closing date with respect to the last Sixty Soho promissory note to be securitized and (b) the 48th month following the closing date of the Sixty Soho mortgage loan. Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations include the related pari passu companion loan. See “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans—The Sixty Soho Whole Loan” and “Pooling and Servicing Agreement” in the Preliminary Prospectus.
   
(12) Mortgage Loan No. 18, Sixty Soho, the Sixty Soho whole loan had an original loan principal balance of $40,000,000. The Sixty Soho whole loan was paid down by $1,350,000 prior to this securitization transaction and has a Cut-off Date balance of $38,650,000. The original term for the Sixty Soho whole loan was 120 months, with an 84-month amortization period (on a 360-month amortization schedule) following a 36 month interest only period. The term of the Sixty Soho whole loan after modification is 132 months, with a 132 month interest only period, and the remaining term for the Sixty Soho whole loan after modification is 115 months, with a remaining 115 month interest only period. Unless otherwise indicated, all LTV, DSCR, Debt Yield and Cut-off Date Balance PSF/Unit calculations are based on the Cut-off Date Sixty Soho whole loan balance and the new term and payment schedule of the Sixty Soho whole loan.
   
(13) The collateral for Mortgage Loan No. 20,  Kansas IHG Portfolio, consists of both the fee and leasehold interests in the Holiday Inn Express - Wichita Mortgaged Property.  The leasehold parcel is subject to a single ground lease with the ground lessor being the City of Maize, Kansas.  The ground lease commenced on November 30, 2010 and expires December 1, 2021. The rent under the ground lease is equal to the principal and interest payments required to pay all principal and interest on all outstanding bonds and is required to be paid in annual installments on December 1 of each year of the term of the ground lease. Pursuant to the ground lease, upon the expiration of the ground lease, Borrower has the option to purchase the City of Maize’s fee interest in the mortgaged property. Pursuant to the loan documents, Borrower is required to purchase the fee at such time. The consideration for such acquisition is the redemption of the outstanding bonds (all of which are held by Borrower) plus $100.  Borrower’s failure to effectuate the fee acquisition in accordance with the terms of the loan documents shall result in full recourse to Borrower and Guarantor.  

 

A-1-16

 

 

   
(14) The collateral for Mortgage Loan No. 27, Bonanza Shopping Center, consists of three parcels (two leasehold, one fee simple) totaling 6.01 acres.  The two leasehold parcels are subject to a single ground lease with the ground lessors – Geraldine G. Hayden, Trustee, The Max M. Hayden Exemption Trust, and Neil Hansen.  The original ground lease commenced on February 1, 1962 and has subsequently been extended to the current expiration date of January 31, 2057 (approximately 30.5 years beyond the Bonanza Shopping Center Loan term) with no extension options remaining. The annual ground rent was last reset in February 2012 to $18,000 and increases by a maximum of $1,200 every ten years.
   
A. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) one-half of one percent (0.5%) of the outstanding principal amount of the Loan or (b) the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (i) the Interest Rate and (ii) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
B. “Yield Maintenance Premium” shall mean an amount equal to the excess, if any, of (a) the present value (determined using a discount rate equal to the Treasury Note Rate at such time) of all scheduled payments of principal and interest payable in respect of the principal amount of the Loan being prepaid provided that the Note shall be deemed, for purposes of this definition, to be due and payable on the Open Prepayment Commencement Date, over (b) the principal amount of the Loan being prepaid. “Treasury Note Rate” shall mean, at the time of the prepayment, as applicable, the rate of interest per annum equal to the yield to maturity (converted by Lender to the equivalent monthly yield using Lender’s then system of conversion) of the United States Treasury obligations selected by the holder of the Note having maturity dates closest to, but not exceeding, the remaining term to the Open Prepayment Commencement Date. “Open Prepayment Commencement Date” shall mean the Monthly Payment Date that occurs six (6) months prior to the Anticipated Repayment Date. 
   
C. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (i) one percent (1%) of the principal amount of the Loan being prepaid and (ii) the excess, if any, of (a) the present value (determined using a discount rate equal to the Treasury Note Rate at such time) of all scheduled payments of principal and interest payable in respect of the principal amount of the Loan being prepaid provided that the Note shall be deemed, for purposes of this definition, to be due and payable on the Open Prepayment Commencement Date, over (b) the principal amount of the Loan being prepaid. “Treasury Note Rate” shall mean, at the time of the prepayment, as applicable, the rate of interest per annum equal to the yield to maturity (converted by Lender to the equivalent monthly yield using Lender’s then system of conversion) of the United States Treasury obligations selected by the holder of the Note having maturity dates closest to, but not exceeding, the remaining term to the Open Prepayment Commencement Date. “Open Prepayment

 

A-1-17

 

 

  Commencement Date” shall mean the Monthly Payment Date that occurs three (3) months prior to the Stated Maturity Date.
   
D. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the mortgage loan being prepaid, and (ii) the present value, as of the Prepayment Date (hereinafter defined), of the remaining scheduled payments of principal and interest from the Prepayment Date through the maturity date including any balloon payment determined by discounting such payments at the Discount Rate (hereinafter defined), less the amount of principal being prepaid. The “Discount Rate” shall mean the rate that, when compounded monthly, is equivalent to the Treasury Rate (hereinafter defined) when compounded semi-annually. The “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the maturity date. If Release H.15 is no longer published, lender shall select a comparable publication to determine the Treasury Rate. The “Prepayment Date” shall mean the date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the note.
   
E. “Yield Maintenance Premium” means a prepayment fee equal to the greater of (A) (i) if such prepayment occurs prior to the start-up date, 1% of the amount of principal being prepaid, or (ii) if such prepayment occurs on or after the startup date, 3% of the amount of principal being prepaid and (B) the product obtained by multiplying: (A) the amount of principal being prepaid, by (B) the excess (if any) of the Monthly Note Rate over the Assumed Reinvestment Rate, by (C) the Present Value Factor. “Monthly Note Rate” means 1/12th of the interest rate, expressed as a decimal calculated to five digits. “Assumed Reinvestment Rate”, or “ARR” means 1/12th of the yield rate equal to the lesser of (i) the yield on the U.S. Treasury issue (primary issue) with a maturity date closest to the Stated Maturity Date, or (ii) the yield on the U.S. Treasury issue (primary issue) with a term equal to the remaining average life of the Debt, with each such yield being based on the bid price for such issue as published in the Wall Street Journal on the date that is fourteen (14) days prior to the date of such prepayment (or, if such bid price is not published on that date, the next preceding date on which such bid price is so published) and converted to a monthly compounded nominal yield. “Present Value Factor” means the factor that discounts to present value the costs resulting to Lender from the difference in interest rates during the months remaining between the date of prepayment and the Open Prepayment Date, using the Assumed Reinvestment Rate as the discount rate, with monthly compounding, expressed numerically as follows: (1-(1/(1+ARR))^n)/ARR Where n means number of months remaining between the date of prepayment and the Open Prepayment Date

 

 

A-1-18