FWP 1 n754_anxa1-x7.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-10
     

 

 

Wells Fargo Commercial Mortgage Trust 2016-C36 Disclaimer

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-206677) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.

 

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

 

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

 

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, Barclays Capital Inc., Academy Securities, Inc., Citigroup Global Markets Inc. or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

 

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A.  Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

 

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

 

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.

 

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

 

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

 

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

  
 

 

 

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

 

Mortgage Loan Number   Property Name   Mortgage Loan Seller(1)   Cross Collateralized and Cross Defaulted Loan Flag   Address(2)   City   State   Zip Code   General Property Type   Specific Property Type
1   Gurnee Mills   WFB       6170 West Grand Avenue   Gurnee   IL   60031   Retail   Super Regional Mall
2   101 Hudson Street   WFB       101 Hudson Street   Jersey City   NJ   07302   Office   CBD
3   Plaza America I & II   Barclays       11700 and 11710 Plaza America Drive   Reston   VA   20190   Office   Suburban
4   North Isle Village, Inc.   NCB       50 Gibbs Road   Coram   NY   11727   Multifamily   Cooperative
5   Easton Town Center   Barclays       160 Easton Town Center   Columbus   OH   43219   Retail   Urban
6   Conrad Indianapolis   WFB       50 West Washington Street   Indianapolis   IN   46204   Hospitality   Full Service
7   Mall at Turtle Creek   Barclays       3000 East Highland Drive   Jonesboro   AR   72401   Retail   Regional Mall
8   Home2 Suites - Long Island City   Basis       39-06 30th Street   Long Island City   NY   11101   Hospitality   Extended Stay
9   ExchangeRight Net Leased Portfolio 13   Barclays       Various   Various   Various   Various   Retail   Single Tenant
9.01   Walgreens -  Fairfield   Barclays       4610 Pleasant Avenue   Fairfield   OH   45014   Retail   Single Tenant
9.02   Walgreens - Panama City   Barclays       301 North Tyndall Parkway   Panama City   FL   32404   Retail   Single Tenant
9.03   Hobby Lobby - Franklin   Barclays       6801 South 27th Street   Franklin   WI   53132   Retail   Single Tenant
9.04   CVS Pharmacy - Gadsden   Barclays       2608 West Meighan Boulevard   Gadsden   AL   35904   Retail   Single Tenant
9.05   Tractor Supply - Chillicothe   Barclays       1850 North Bridge Street   Chillicothe   OH   45601   Retail   Single Tenant
9.06   Advance Auto Parts - Houston   Barclays       3003 South Richey Street   Houston   TX   77017   Retail   Single Tenant
9.07   Family Dollar - Plainville   Barclays       32 East Street   Plainville   CT   06062   Retail   Single Tenant
9.08   Napa Auto Parts - Madison   Barclays       2802 Index Road   Madison   WI   53713   Retail   Single Tenant
9.09   Dollar General - Knoxville (Circle Oak)   Barclays       3131 Circle Oak Drive   Knoxville   TN   37920   Retail   Single Tenant
9.10   Family Dollar - Lafayette (Pinhook)   Barclays       501 East Pinhook Road   Lafayette   LA   70501   Retail   Single Tenant
9.11   Dollar General - Dothan   Barclays       2630 Westgate Parkway   Dothan   AL   36303   Retail   Single Tenant
9.12   Family Dollar - Lafayette (Congress)   Barclays       3841 West Congress Street   Lafayette   LA   70506   Retail   Single Tenant
9.13   Dollar General - Superior   Barclays       216 Belknap Street   Superior   WI   54880   Retail   Single Tenant
9.14   Dollar General - Knoxville (Elm)   Barclays       1612 Elm Street   Knoxville   TN   37921   Retail   Single Tenant
9.15   Family Dollar - Scott   Barclays       1061 Renaud Drive   Scott   LA   70583   Retail   Single Tenant
9.16   Sherwin Williams - Arlington   Barclays       5865 South Cooper Street   Arlington   TX   76017   Retail   Single Tenant
9.17   Sherwin Williams - Shreveport   Barclays       305 West Bert Kouns Industrial Loop   Shreveport   LA   71106   Retail   Single Tenant
9.18   Sherwin Williams - Sherman   Barclays       711 East Taylor Street   Sherman   TX   75090   Retail   Single Tenant
9.19   Dollar General - Walbridge   Barclays       30500 Drouillard Road   Walbridge   OH   43465   Retail   Single Tenant
9.20   Sherwin Williams - Naples   Barclays       12025 Collier Boulevard   Naples   FL   34116   Retail   Single Tenant
10   Sheraton Towson Baltimore North   Barclays       903 Dulaney Valley Road   Towson   MD   21204   Hospitality   Full Service
11   Houston Industrial Portfolio   Barclays       Various   Houston   TX   Various   Industrial   Flex
11.01   Emmott Business Center   Barclays       8807-8815 Emmott Road   Houston   TX   77040   Industrial   Flex
11.02   Eldridge Business Center   Barclays       6830 North Eldridge Parkway   Houston   TX   77041   Industrial   Flex
11.03   West Belt Business Center   Barclays       6125 West Sam Houston Parkway   Houston   TX   77041   Industrial   Flex
11.04   Winkler Berrybrook   Barclays       5900-6000 Berrybrook Drive   Houston   TX   77017   Industrial   Flex
11.05   Aldine Westfield   Barclays       16623 Aldine Westfield   Houston   TX   77032   Industrial   Flex
11.06   Keough Business Center   Barclays       9230 Keough Road   Houston   TX   77040   Industrial   Flex
12   Central Park Retail   WFB       See footnote (2)   Fredericksburg   VA   22401   Retail   Anchored
13   Archdale Marketplace   Barclays       5801-6025 South Boulevard   Charlotte   NC   28217   Retail   Anchored
14   DoubleTree Dallas Near the Galleria   CIIICM       4099 Valley View Lane   Dallas   TX   75244   Hospitality   Full Service
15   Tully Business Center   WFB       1310-1460 Tully Road   San Jose   CA   95122   Industrial   Flex
16   Spanish Fort Town Center Apartments   CIIICM       30000 Town Center Avenue   Spanish Fort   AL   36527   Multifamily   Garden
17   Alliance International   The Bancorp Bank       7001-7131 Grand National Drive   Orlando   FL   32819   Office   Suburban
18   Gas Company Tower & World Trade Center Parking Garage   Barclays       555 West Fifth Street; 350 South Figueroa Street   Los Angeles   CA   90013   Office   CBD
19   2375 Anselmo Drive   Barclays       2375 Anselmo Drive   Corona   CA   92879   Office   Suburban
20   Consumer Square West   RMF       3530 Soldano Boulevard   Columbus   OH   43228   Retail   Anchored
21   Northtowne Meadows   RMF       6255 Telegraph Road   Erie   MI   48133   Manufactured Housing Community   Manufactured Housing Community
22   Central Self Storage - Daly City, CA   WFB       307, 321 and 333 87th Street   Daly City   CA   94015   Self Storage   Self Storage
23   Shoppes at Kendall   RMF       15400-15600 North Kendall Drive   Miami   FL   33196   Retail   Unanchored
24   Firelands and Midtown Manor MHP   CIIICM       Various   Various   OH   Various   Manufactured Housing Community   Manufactured Housing Community
24.01   Midtown Manor MHP   CIIICM       520 Milan Avenue   Norwalk   OH   44857   Manufactured Housing Community   Manufactured Housing Community
24.02   Firelands Manor MHP   CIIICM       5810 US-20 East   Wakeman   OH   44889   Manufactured Housing Community   Manufactured Housing Community
25   Holiday Inn Express & Suites Cooperstown   RMF       4758 State Highway 28   Cooperstown   NY   13326   Hospitality   Limited Service
26   61 Inverness   The Bancorp Bank       61 Inverness Drive East   Englewood   CO   80112   Office   Suburban
27   Shoreview Apartments   WFB       400 Kellogg Street   Ann Arbor   MI   48105   Multifamily   Garden
28   One & Two Corporate Plaza   RMF       2525 & 2625 Bay Area Boulevard   Houston   TX   77058   Office   Suburban
29   New Albany Office Building   RMF       5150 East Dublin-Granville Road   Columbus   OH   43081   Office   Suburban
30   Paradise Ranch MHP   The Bancorp Bank       36200 North Paradise Ranch Road   Castaic   CA   91384   Manufactured Housing Community   Manufactured Housing Community
31   Pacific Rancho Business Park   Barclays       2701, 2705, 2709 Via Orange Way   Spring Valley   CA   91978   Industrial   Light Industrial
32   Comfort Suites Waco   CIIICM       810 Interstate 35 North   Waco   TX   76705   Hospitality   Limited Service
33   Century Theater - NextGen   The Bancorp Bank       46800 Washington Street   La Quinta   CA   92253   Retail   Single Tenant
34   Chicago Northside Storage   CIIICM       3510 Wilmette Avenue   Wilmette   IL   60091   Self Storage   Self Storage
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   NCB       5302-24 Fillmore Avenue; 5405-09 Avenue S; 5607-27 Avenue T; 5610-16 Avenue T; 2001 Pearson Street; 5710 Avenue T; 5810-18 Avenue T   Brooklyn   NY   11234   Multifamily   Cooperative
36   Village at Fairplain   CIIICM       777 East Napier Avenue   Benton Harbor   MI   49022   Multifamily   Garden
37   Hampton Inn Richmond Hill   RMF       4679 Highway 17   Richmond Hill   GA   31324   Hospitality   Limited Service
38   4119 Syracuse Holding (Camillus Plaza)   Basis       4107-4131 West Genesee Street   Camillus   NY   13031   Retail   Unanchored
39   Holiday Inn Express & Suites Marysville   RMF       411 Allenby Drive   Marysville   OH   43040   Hospitality   Limited Service
40   Lock Ur Own Self Storage   CIIICM       9591 East 22nd Avenue   Aurora   CO   80010   Self Storage   Self Storage
41   Bella Vista Pointe Apartments   RMF       2900 Dilido Road   Dallas   TX   75228   Multifamily   Garden
42   Country Aire MHP   CIIICM       2465 Highway 397   Lake Charles   LA   70615   Manufactured Housing Community   Manufactured Housing Community
43   CVS Duluth   Barclays       1215 East Superior Street   Duluth   MN   55805   Retail   Single Tenant
44   Comfort Inn & Suites Market Center Dallas   RMF       7138 North Stemmons Freeway   Dallas   TX   75247   Hospitality   Limited Service
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   NCB       290 West 232nd Street   Bronx   NY   10463   Multifamily   Cooperative
46   Sun Lake Estates MHP   CIIICM       3300 Voight Boulevard   San Angelo   TX   76905   Manufactured Housing Community   Manufactured Housing Community
47   Moore Self Storage   RMF       3935 Westpoint Boulevard   Winston-Salem   NC   27103   Self Storage   Self Storage
48   Best Western - Westgate   The Bancorp Bank       1415 Kenneth Road   York   PA   17408   Hospitality   Limited Service
49   Courthouse Square   RMF       2124, 2126, and 2128 Jefferson Davis Highway   Stafford   VA   22554   Office   Suburban
50   Pokegama Mobile Home & R.V. Park   The Bancorp Bank       19193 Island Resort Road   Pine City   MN   55063   Manufactured Housing Community   Manufactured Housing Community
51   Compton Owners Corp.   NCB       175-45 88th Avenue   Jamaica   NY   11432   Multifamily   Cooperative
52   Arlington Heights Self Storage   RMF       2500 East Hintz Road   Arlington Heights   IL   60004   Self Storage   Self Storage
53   Western Village MHP   CIIICM       83 Bonanza Road   Palm Springs   CA   92262   Manufactured Housing Community   Manufactured Housing Community
54   7350 S Phillips Avenue   CIIICM       7350 South Phillips Avenue   Chicago   IL   60649   Multifamily   Mid Rise
55   Guardian Self Storage San Antonio   CIIICM       12720 NW Military Highway   San Antonio   TX   78321   Self Storage   Self Storage
56   Northgate III   WFB       12002 Forestgate Drive   Dallas   TX   75243   Industrial   Flex
57   Broadview Heights Self Storage   RMF       2001 Towpath Road   Broadview Heights   OH   44147   Self Storage   Self Storage
58   Pleasant Ridge   CIIICM       4901 Pleasant Ridge Drive   Evansville   IN   47711   Manufactured Housing Community   Manufactured Housing Community
59   Bayview Owners Corp.   NCB       8847-73 Bay 16th Street a/k/a 242-304 Bay 17th Street   Brooklyn   NY   11214   Multifamily   Cooperative
60   Royal Oaks MHC   RMF       11526 C F Hawn Freeway   Dallas   TX   75253   Manufactured Housing Community   Manufactured Housing Community
61   Big Oaks Self Storage & Retail   CIIICM       13300-13450 East Highway 20   Clearlake Oaks   CA   95423   Mixed Use   Self Storage/Retail
62   Mohegan Village Owners, Inc.   NCB       737 Tuckahoe Road   Yonkers   NY   10710   Multifamily   Cooperative
63   Belle Grove MHP   CIIICM       624 301 Street Boulevard East   Bradenton   FL   34203   Manufactured Housing Community   Manufactured Housing Community
64   Fleetwood Hills Apartments, Inc.   NCB       804 Bronx River Road   Yonkers   NY   10708   Multifamily   Cooperative
65   All American Storage DeSoto   CIIICM       1209 East Belt Line Road   DeSoto   TX   75115   Self Storage   Self Storage
66   Southwood Village Retail Center   The Bancorp Bank       1307 2nd Loop Road   Florence   SC   29505   Retail   Anchored
67   Newtown Self Storage   CIIICM       137 South Main Street   Newtown   CT   06740   Self Storage   Self Storage
68   Campus Plaza - MI   WFB       43201 Garfield Road   Clinton Township   MI   48038   Retail   Unanchored
69   80-82 Charles St. Owners Corp.   NCB       80-82 Charles Street   New York   NY   10014   Multifamily   Cooperative
70   Aloha Estates MHP   CIIICM       5310 14th Street West   Bradenton   FL   34207   Manufactured Housing Community   Manufactured Housing Community
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.   NCB       1122 Yonkers Avenue   Yonkers   NY   10704   Multifamily   Cooperative
72   13912 Owners Corp.   NCB       139-12 84th Drive   Briarwood   NY   11435   Multifamily   Cooperative
73   Friendly Village Mobile Estates   CIIICM       715 Center Stree East   Kimberly   ID   83341   Manufactured Housing Community   Manufactured Housing Community

 

A-1-1 

 

 

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

 

Mortgage Loan Number   Property Name   Year
Built
  Year
Renovated
  Number of Units(3)   Unit of Measure   Cut-off Date Balance Per Unit/SF(4)   Original Balance ($)(4)   Cut-off Date Balance ($)(4)   % of Aggregate
Cut-off Date
Balance
  Maturity Date or ARD Balloon Payment ($)   ARD Loan   Origination Date   First Pay Date   Last IO Pay Date   First P&I Pay Date   Maturity Date or Anticipated Repayment Date   ARD Loan Maturity Date   Gross Mortgage Rate   Trust Advisor Ongoing Fee Rate   Certificate Administrator Fee Rate
1   Gurnee Mills   1991   2014   1,683,915   Sq. Ft.   163   80,000,000   79,893,396   9.3%   63,520,451   N   9/27/2016   11/1/2016       11/1/2016   10/1/2026       3.990000%   0.000000%   0.007000%
2   101 Hudson Street   1992   2015   1,341,649   Sq. Ft.   186   67,500,000   67,500,000   7.9%   67,500,000   N   9/30/2016   11/11/2016   10/11/2026       10/11/2026       3.117000%   0.000000%   0.007000%
3   Plaza America I & II   1999       514,615   Sq. Ft.   243   65,000,000   65,000,000   7.6%   65,000,000   N   7/20/2016   9/6/2016   8/6/2026       8/6/2026       4.190120%   0.003900%   0.007000%
4   North Isle Village, Inc.   1973   1996   763   Units   60,202   46,000,000   45,933,875   5.4%   36,043,413   N   9/29/2016   11/1/2016       11/1/2016   10/1/2026       3.630000%   0.002360%   0.007000%
5   Easton Town Center   1999   2015   1,303,073   Sq. Ft.   259   45,000,000   45,000,000   5.2%   45,000,000   N   7/28/2016   9/5/2016   8/5/2026       8/5/2026       3.615900%   0.000000%   0.007000%
6   Conrad Indianapolis   2006   2015   247   Rooms   225,239   32,000,000   31,962,031   3.7%   25,886,890   N   9/13/2016   11/11/2016       11/11/2016   10/11/2026       4.520000%   0.005500%   0.007000%
7   Mall at Turtle Creek   2006       329,398   Sq. Ft.   217   29,860,000   29,683,636   3.5%   24,370,006   N   6/2/2016   7/6/2016       7/6/2016   6/6/2026       4.780000%   0.000000%   0.007000%
8   Home2 Suites - Long Island City   2014       115   Rooms   217,163   25,000,000   24,973,745   2.9%   20,585,071   N   9/29/2016   11/1/2016       11/1/2016   10/1/2026       5.050000%   0.002360%   0.007000%
9   ExchangeRight Net Leased Portfolio 13   Various       233,055   Sq. Ft.   105   24,485,000   24,485,000   2.9%   24,485,000   N   8/31/2016   10/6/2016   9/6/2026       9/6/2026       3.821000%   0.002360%   0.007000%
9.01   Walgreens -  Fairfield   2002       14,490   Sq. Ft.       3,395,000   3,395,000   0.4%                                            
9.02   Walgreens - Panama City   2006       14,820   Sq. Ft.       3,165,000   3,165,000   0.4%                                            
9.03   Hobby Lobby - Franklin   2003       53,000   Sq. Ft.       2,825,000   2,825,000   0.3%                                            
9.04   CVS Pharmacy - Gadsden   2008       11,945   Sq. Ft.       2,420,000   2,420,000   0.3%                                            
9.05   Tractor Supply - Chillicothe   1996       18,946   Sq. Ft.       1,645,000   1,645,000   0.2%                                            
9.06   Advance Auto Parts - Houston   2015       6,889   Sq. Ft.       1,075,000   1,075,000   0.1%                                            
9.07   Family Dollar - Plainville   2015       9,219   Sq. Ft.       1,040,000   1,040,000   0.1%                                            
9.08   Napa Auto Parts - Madison   1990       7,800   Sq. Ft.       960,000   960,000   0.1%                                            
9.09   Dollar General - Knoxville (Circle Oak)   2016       9,100   Sq. Ft.       825,000   825,000   0.1%                                            
9.10   Family Dollar - Lafayette (Pinhook)   2016       8,481   Sq. Ft.       755,000   755,000   0.1%                                            
9.11   Dollar General - Dothan   2016       9,026   Sq. Ft.       745,000   745,000   0.1%                                            
9.12   Family Dollar - Lafayette (Congress)   2016       8,320   Sq. Ft.       745,000   745,000   0.1%                                            
9.13   Dollar General - Superior   2013       9,493   Sq. Ft.       735,000   735,000   0.1%                                            
9.14   Dollar General - Knoxville (Elm)   2016       9,100   Sq. Ft.       695,000   695,000   0.1%                                            
9.15   Family Dollar - Scott   2016       8,532   Sq. Ft.       670,000   670,000   0.1%                                            
9.16   Sherwin Williams - Arlington   1999       6,000   Sq. Ft.       655,000   655,000   0.1%                                            
9.17   Sherwin Williams - Shreveport   2003       6,000   Sq. Ft.       595,000   595,000   0.1%                                            
9.18   Sherwin Williams - Sherman   2001       7,080   Sq. Ft.       585,000   585,000   0.1%                                            
9.19   Dollar General - Walbridge   2008       9,014   Sq. Ft.       485,000   485,000   0.1%                                            
9.20   Sherwin Williams - Naples   1986       5,800   Sq. Ft.       470,000   470,000   0.1%                                            
10   Sheraton Towson Baltimore North   1987   2015   283   Rooms   77,561   22,000,000   21,949,866   2.6%   18,072,484   N   8/10/2016   10/6/2016       10/6/2016   9/6/2026       4.980000%   0.002360%   0.007000%
11   Houston Industrial Portfolio   Various       459,485   Sq. Ft.   43   20,000,000   19,967,885   2.3%   14,824,994   N   9/30/2016   11/6/2016       11/6/2016   10/6/2026       4.768000%   0.002360%   0.007000%
11.01   Emmott Business Center   1993       167,040   Sq. Ft.       7,200,000   7,188,439   0.8%                                            
11.02   Eldridge Business Center   1998       99,500   Sq. Ft.       4,550,000   4,542,694   0.5%                                            
11.03   West Belt Business Center   1997       97,030   Sq. Ft.       3,800,000   3,793,898   0.4%                                            
11.04   Winkler Berrybrook   1984       43,100   Sq. Ft.       2,000,000   1,996,789   0.2%                                            
11.05   Aldine Westfield   1991       33,185   Sq. Ft.       1,500,000   1,497,591   0.2%                                            
11.06   Keough Business Center   1983       19,630   Sq. Ft.       950,000   948,475   0.1%                                            
12   Central Park Retail   1966   2014   441,907   Sq. Ft.   203   20,000,000   19,948,500   2.3%   16,100,491   N   8/5/2016   10/1/2016       10/1/2016   9/1/2026       4.380000%   0.000000%   0.007000%
13   Archdale Marketplace   1961   2005   179,811   Sq. Ft.   107   19,275,000   19,275,000   2.2%   16,292,398   N   10/3/2016   11/6/2016   10/6/2018   11/6/2018   10/6/2026       4.120000%   0.002360%   0.007000%
14   DoubleTree Dallas Near the Galleria   1980   2016   290   Rooms   65,439   19,000,000   18,977,355   2.2%   15,359,794   N   9/30/2016   11/11/2016       11/11/2016   10/11/2026       4.500000%   0.002360%   0.007000%
15   Tully Business Center   1987       143,913   Sq. Ft.   122   17,500,000   17,500,000   2.0%   15,134,430   N   8/25/2016   10/11/2016   9/11/2019   10/11/2019   9/11/2026       3.990000%   0.002360%   0.007000%
16   Spanish Fort Town Center Apartments   2009       216   Units   72,917   15,750,000   15,750,000   1.8%   13,368,216   N   9/28/2016   11/11/2016   10/11/2018   11/11/2018   10/11/2026       4.270000%   0.002360%   0.007000%
17   Alliance International   1984       238,257   Sq. Ft.   65   15,400,000   15,400,000   1.8%   13,634,565   N   4/14/2016   6/5/2016   5/5/2019   6/5/2019   5/5/2026       5.000000%   0.002360%   0.007000%
18   Gas Company Tower & World Trade Center Parking Garage   1991   2015   1,372,329   Sq. Ft.   105   15,000,000   15,000,000   1.7%   15,000,000   N   7/11/2016   9/6/2016   8/6/2021       8/6/2021       3.472700%   0.000000%   0.007000%
19   2375 Anselmo Drive   2009       74,569   Sq. Ft.   201   15,000,000   14,980,897   1.7%   11,999,923   N   9/30/2016   11/6/2016       11/6/2016   10/6/2026       4.200000%   0.002360%   0.007000%
20   Consumer Square West   1988       218,206   Sq. Ft.   62   13,600,000   13,584,151   1.6%   11,032,025   N   9/30/2016   11/6/2016       11/6/2016   10/6/2026       4.600000%   0.002360%   0.007000%
21   Northtowne Meadows   1987       386   Pads   32,947   12,750,000   12,717,625   1.5%   10,288,978   N   9/8/2016   10/6/2016       10/6/2016   9/6/2026       4.450000%   0.002360%   0.007000%
22   Central Self Storage - Daly City, CA   2003       71,275   Sq. Ft.   166   11,850,000   11,850,000   1.4%   11,850,000   N   9/30/2016   11/11/2016   10/11/2026       10/11/2026       4.060000%   0.002360%   0.007000%
23   Shoppes at Kendall   2014       48,057   Sq. Ft.   223   10,700,000   10,700,000   1.2%   10,700,000   N   9/9/2016   10/1/2016   9/1/2026       9/1/2026       3.700000%   0.002360%   0.007000%
24   Firelands and Midtown Manor MHP   Various       398   Pads   25,069   10,000,000   9,977,306   1.2%   8,220,133   N   8/25/2016   10/11/2016       10/11/2016   9/11/2026       5.000000%   0.002360%   0.007000%
24.01   Midtown Manor MHP   1994       240   Pads       5,850,000   5,836,724   0.7%                                            
24.02   Firelands Manor MHP   1975       158   Pads       4,150,000   4,140,582   0.5%                                            
25   Holiday Inn Express & Suites Cooperstown   2004   2014   74   Rooms   117,281   8,700,000   8,678,812   1.0%   5,381,632   N   9/30/2016   11/6/2016       11/6/2016   10/6/2026       4.550000%   0.002360%   0.007000%
26   61 Inverness   1982   2015   85,975   Sq. Ft.   96   8,225,000   8,225,000   1.0%   7,282,097   N   4/14/2016   6/5/2016   5/5/2019   6/5/2019   5/5/2026       5.000000%   0.002360%   0.007000%
27   Shoreview Apartments   1968       128   Units   62,417   8,000,000   7,989,362   0.9%   6,354,342   N   9/30/2016   11/11/2016       11/11/2016   10/11/2026       4.000000%   0.002360%   0.007000%
28   One & Two Corporate Plaza   1984       276,025   Sq. Ft.   98   7,000,000   6,984,312   0.8%   5,765,333   N   8/18/2016   10/6/2016       10/6/2016   9/6/2026       5.060000%   0.000000%   0.007000%
29   New Albany Office Building   1999   2007   82,853   Sq. Ft.   81   6,680,000   6,680,000   0.8%   5,858,306   N   8/31/2016   10/6/2016   9/6/2019   10/6/2019   9/6/2026       4.580000%   0.002360%   0.007000%
30   Paradise Ranch MHP   1972       94   Pads   69,073   6,500,000   6,492,847   0.8%   5,980,764   N   9/30/2016   11/5/2016       11/5/2016   10/5/2021       4.850000%   0.002360%   0.007000%
31   Pacific Rancho Business Park   1988       83,635   Sq. Ft.   76   6,350,000   6,350,000   0.7%   6,350,000   N   9/23/2016   11/6/2016   10/6/2026       10/6/2026       3.707000%   0.002360%   0.007000%
32   Comfort Suites Waco   2009   2015   94   Rooms   66,868   6,300,000   6,285,613   0.7%   5,173,609   N   8/12/2016   10/11/2016       10/11/2016   9/11/2026       4.970000%   0.002360%   0.007000%
33   Century Theater - NextGen   2015       43,325   Sq. Ft.   143   6,200,000   6,200,000   0.7%   6,200,000   N   12/11/2015   2/5/2016   1/5/2026       1/5/2026       4.690000%   0.002360%   0.007000%
34   Chicago Northside Storage   1961   1982   40,069   Sq. Ft.   150   6,000,000   6,000,000   0.7%   5,043,195   N   10/6/2016   11/11/2016   10/11/2017   11/11/2017   10/11/2026       4.850000%   0.002360%   0.007000%
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   1952   NAV   340   Units   17,621   6,000,000   5,991,303   0.7%   4,694,259   N   9/30/2016   11/1/2016       11/1/2016   10/1/2026       3.590000%   0.002360%   0.007000%
36   Village at Fairplain   1971   2016   178   Units   31,549   5,650,000   5,615,689   0.7%   5,047,960   N   7/8/2016   8/11/2016       8/11/2016   7/11/2021       5.250000%   0.002360%   0.007000%
37   Hampton Inn Richmond Hill   1998   2016   64   Rooms   86,620   5,550,000   5,543,649   0.6%   4,514,255   N   9/30/2016   11/6/2016       11/6/2016   10/6/2026       4.680000%   0.002360%   0.007000%
38   4119 Syracuse Holding (Camillus Plaza)   1958   1970   64,664   Sq. Ft.   85   5,530,000   5,523,379   0.6%   4,467,435   N   9/29/2016   11/1/2016       11/1/2016   10/1/2026       4.480000%   0.002360%   0.007000%
39   Holiday Inn Express & Suites Marysville   2002   2013   72   Rooms   73,529   5,300,000   5,294,086   0.6%   4,326,846   N   9/29/2016   11/6/2016       11/6/2016   10/6/2026       4.790000%   0.002360%   0.007000%
40   Lock Ur Own Self Storage   1977   2007   66,665   Sq. Ft.   79   5,300,000   5,281,080   0.6%   4,312,438   N   7/26/2016   9/11/2016       9/11/2016   8/11/2026       4.690000%   0.002360%   0.007000%
41   Bella Vista Pointe Apartments   1984       188   Units   27,128   5,100,000   5,100,000   0.6%   4,239,476   N   8/3/2016   9/6/2016   8/6/2017   9/6/2017   8/6/2026       4.480000%   0.002360%   0.007000%
42   Country Aire MHP   1973   2015   192   Pads   23,933   4,600,000   4,595,112   0.5%   4,242,238   N   10/4/2016   11/11/2016       11/11/2016   10/11/2021       5.000000%   0.002360%   0.007000%
43   CVS Duluth   2014       13,499   Sq. Ft.   333   4,500,000   4,500,000   0.5%   4,500,000   N   9/28/2016   11/6/2016   10/6/2026       10/6/2026       4.002000%   0.002360%   0.007000%
44   Comfort Inn & Suites Market Center Dallas   1999   2014   62   Rooms   72,504   4,500,000   4,495,229   0.5%   3,700,493   N   9/28/2016   11/6/2016       11/6/2016   10/6/2026       5.010000%   0.002360%   0.007000%
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   1966   2012   117   Units   38,343   4,500,000   4,486,174   0.5%   3,504,625   N   8/30/2016   10/1/2016       10/1/2016   9/1/2026       3.470000%   0.002360%   0.007000%
46   Sun Lake Estates MHP   1986       229   Pads   18,471   4,240,000   4,229,889   0.5%   3,457,816   N   9/7/2016   10/11/2016       10/11/2016   9/11/2026       4.760000%   0.002360%   0.007000%
47   Moore Self Storage   2006       72,859   Sq. Ft.   57   4,180,000   4,180,000   0.5%   3,654,960   N   9/30/2016   11/6/2016   10/6/2019   11/6/2019   10/6/2026       4.450000%   0.002360%   0.007000%
48   Best Western - Westgate   1983   2014   103   Rooms   39,984   4,200,000   4,118,381   0.5%   3,153,030   N   10/5/2015   12/5/2015       12/5/2015   11/5/2025       5.110000%   0.002360%   0.007000%
49   Courthouse Square   1989       26,783   Sq. Ft.   152   4,080,000   4,075,846   0.5%   3,373,603   N   9/12/2016   11/6/2016       11/6/2016   10/6/2026       5.180000%   0.002360%   0.007000%
50   Pokegama Mobile Home & R.V. Park   1975   2008   337   Pads   11,808   4,000,000   3,979,396   0.5%   3,750,821   N   5/5/2016   6/5/2016       6/5/2016   5/5/2021       6.180000%   0.002360%   0.007000%
51   Compton Owners Corp.   1962   NAV   114   Units   34,211   3,900,000   3,900,000   0.5%   3,900,000   N   9/27/2016   11/1/2016   10/1/2026       10/1/2026       3.390000%   0.002360%   0.007000%
52   Arlington Heights Self Storage   1987       56,792   Sq. Ft.   66   3,750,000   3,750,000   0.4%   3,288,719   N   8/19/2016   10/6/2016   9/6/2019   10/6/2019   9/6/2026       4.580000%   0.002360%   0.007000%
53   Western Village MHP   1965       141   Pads   24,795   3,500,000   3,496,085   0.4%   2,856,398   N   10/3/2016   11/11/2016       11/11/2016   10/11/2026       4.780000%   0.002360%   0.007000%
54   7350 S Phillips Avenue   1929   2009   70   Units   49,943   3,500,000   3,496,031   0.4%   2,850,664   N   9/29/2016   11/11/2016       11/11/2016   10/11/2026       4.720000%   0.002360%   0.007000%
55   Guardian Self Storage San Antonio   1998       58,555   Sq. Ft.   60   3,500,000   3,491,272   0.4%   2,833,171   N   9/7/2016   10/11/2016       10/11/2016   9/11/2026       4.540000%   0.002360%   0.007000%
56   Northgate III   1988       95,204   Sq. Ft.   35   3,345,000   3,340,703   0.4%   2,672,187   N   9/30/2016   11/11/2016       11/11/2016   10/11/2026       4.160000%   0.002360%   0.007000%
57   Broadview Heights Self Storage   2006       59,742   Sq. Ft.   55   3,280,000   3,280,000   0.4%   2,867,917   N   8/24/2016   10/6/2016   9/6/2019   10/6/2019   9/6/2026       4.450000%   0.002360%   0.007000%
58   Pleasant Ridge   1969   2016   200   Pads   16,211   3,250,000   3,242,234   0.4%   2,649,561   N   9/1/2016   10/11/2016       10/11/2016   9/11/2026       4.750000%   0.002360%   0.007000%
59   Bayview Owners Corp.   1949   1996   191   Units   15,693   3,000,000   2,997,388   0.3%   2,601,756   N   9/26/2016   11/1/2016       11/1/2016   10/1/2026       3.460000%   0.002360%   0.007000%
60   Royal Oaks MHC   1975       124   Pads   22,303   2,775,000   2,765,567   0.3%   2,275,294   N   7/22/2016   9/6/2016       9/6/2016   8/6/2026       4.920000%   0.002360%   0.007000%
61   Big Oaks Self Storage & Retail   1976       95,369   Sq. Ft.   29   2,737,500   2,734,215   0.3%   2,210,739   N   9/20/2016   11/11/2016       11/11/2016   10/11/2026       4.470000%   0.002360%   0.007000%
62   Mohegan Village Owners, Inc.   1947   1994   53   Units   50,943   2,700,000   2,700,000   0.3%   2,346,853   N   10/3/2016   12/1/2016       12/1/2016   11/1/2026       3.530000%   0.002360%   0.007000%
63   Belle Grove MHP   1955       88   Pads   30,648   2,700,000   2,697,022   0.3%   2,207,912   N   9/30/2016   11/11/2016       11/11/2016   10/11/2026       4.840000%   0.002360%   0.007000%
64   Fleetwood Hills Apartments, Inc.   1958   NAV   42   Units   59,881   2,515,000   2,515,000   0.3%   2,515,000   N   9/27/2016   11/1/2016   10/1/2026       10/1/2026       3.410000%   0.002360%   0.007000%
65   All American Storage DeSoto   1974       49,585   Sq. Ft.   44   2,200,000   2,197,459   0.3%   1,787,016   N   9/29/2016   11/11/2016       11/11/2016   10/11/2026       4.640000%   0.002360%   0.007000%
66   Southwood Village Retail Center   1979   2016   45,265   Sq. Ft.   48   2,175,000   2,175,000   0.3%   1,883,909   N   3/23/2016   5/5/2016   4/5/2017   5/5/2017   4/5/2026       5.930000%   0.002360%   0.007000%
67   Newtown Self Storage   2001       33,875   Sq. Ft.   62   2,100,000   2,097,452   0.2%   1,692,984   N   9/27/2016   11/11/2016       11/11/2016   10/11/2026       4.420000%   0.002360%   0.007000%
68   Campus Plaza - MI   1986   2013   39,068   Sq. Ft.   51   2,000,000   1,997,514   0.2%   1,606,199   N   9/20/2016   11/11/2016       11/11/2016   10/11/2026       4.310000%   0.002360%   0.007000%
69   80-82 Charles St. Owners Corp.   1895   2011   30   Units   48,294   1,450,000   1,448,805   0.2%   1,264,866   N   9/30/2016   11/1/2016       11/1/2016   10/1/2026       3.640000%   0.002360%   0.007000%
70   Aloha Estates MHP   1957   2015   79   Pads   16,402   1,300,000   1,295,796   0.2%   1,073,910   N   7/19/2016   9/11/2016       9/11/2016   8/11/2026       5.150000%   0.002360%   0.007000%
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.   1962   2007   54   Units   23,115   1,250,000   1,248,196   0.1%   978,707   N   9/29/2016   11/1/2016       11/1/2016   10/1/2026       3.610000%   0.002360%   0.007000%
72   13912 Owners Corp.   1941   2008   30   Units   41,606   1,250,000   1,248,184   0.1%   977,603   N   9/14/2016   11/1/2016       11/1/2016   10/1/2026       3.580000%   0.002360%   0.007000%
73   Friendly Village Mobile Estates   1980       100   Pads   11,586   1,160,000   1,158,605   0.1%   936,466   N   9/30/2016   11/11/2016       11/11/2016   10/11/2026       4.460000%   0.002360%   0.007000%

 

A-1-2 

 

 

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

 

Mortgage Loan Number   Property Name   Servicing Fee   CREFC® IP Royalty License Fee Rate   Asset Representations Reviewer Fee Rate   Net Mortgage Rate   Interest Accrual Method   Monthly P&I Payment ($)   Amortization Type   Interest Accrual Method During IO   Original Term to Maturity or ARD (Mos.)   Remaining Term to Maturity or ARD (Mos.)   Original IO
Period (Mos.)
  Remaining IO
Period (Mos.)
  Original Amort Term (Mos.)   Remaining Amort Term (Mos.)   Seasoning   Prepayment Provisions
1   Gurnee Mills   0.005000%   0.000500%   0.000350%   3.977150%   Actual/360   381,471.17   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(88),O(7)
2   101 Hudson Street   0.005000%   0.000500%   0.000350%   3.104150%   Actual/360   177,766.41   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),GRTR 1% or YM(88),O(7)
3   Plaza America I & II   0.005000%   0.000500%   0.000350%   4.173370%   Actual/360   230,117.12   Interest-only, Balloon   Actual/360   120   117   120   117   0   0   3   L(27),D(86),O(7)
4   North Isle Village, Inc.   0.080000%   0.000500%   0.000350%   3.539790%   Actual/360   209,913.07   Amortizing Balloon       120   119   0   0   360   359   1   GRTR 1% or YM(113),1%(3),O(4)
5   Easton Town Center   0.003750%   0.000500%   0.000350%   3.604300%   Actual/360   137,479.53   Interest-only, Balloon   Actual/360   120   117   120   117   0   0   3   GRTR 1% or YM(27),GRTR 1% or YM or D(86),O(7)
6   Conrad Indianapolis   0.005000%   0.000500%   0.000350%   4.501650%   Actual/360   162,519.80   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(90),O(5)
7   Mall at Turtle Creek   0.005000%   0.000500%   0.000350%   4.767150%   Actual/360   156,304.30   Amortizing Balloon       120   115   0   0   360   355   5   L(29),D(87),O(4)
8   Home2 Suites - Long Island City   0.005000%   0.000500%   0.000350%   5.034790%   Actual/360   134,970.39   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
9   ExchangeRight Net Leased Portfolio 13   0.032500%   0.000500%   0.000350%   3.778290%   Actual/360   79,047.16   Interest-only, Balloon   Actual/360   120   118   120   118   0   0   2   L(26),D(90),O(4)
9.01   Walgreens -  Fairfield                                                                
9.02   Walgreens - Panama City                                                                
9.03   Hobby Lobby - Franklin                                                                
9.04   CVS Pharmacy - Gadsden                                                                
9.05   Tractor Supply - Chillicothe                                                                
9.06   Advance Auto Parts - Houston                                                                
9.07   Family Dollar - Plainville                                                                
9.08   Napa Auto Parts - Madison                                                                
9.09   Dollar General - Knoxville (Circle Oak)                                                                
9.10   Family Dollar - Lafayette (Pinhook)                                                                
9.11   Dollar General - Dothan                                                                
9.12   Family Dollar - Lafayette (Congress)                                                                
9.13   Dollar General - Superior                                                                
9.14   Dollar General - Knoxville (Elm)                                                                
9.15   Family Dollar - Scott                                                                
9.16   Sherwin Williams - Arlington                                                                
9.17   Sherwin Williams - Shreveport                                                                
9.18   Sherwin Williams - Sherman                                                                
9.19   Dollar General - Walbridge                                                                
9.20   Sherwin Williams - Naples                                                                
10   Sheraton Towson Baltimore North   0.005000%   0.000500%   0.000350%   4.964790%   Actual/360   117,831.99   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)
11   Houston Industrial Portfolio   0.005000%   0.000500%   0.000350%   4.752790%   Actual/360   114,230.63   Amortizing Balloon       120   119   0   0   300   299   1   L(25),D(91),O(4)
11.01   Emmott Business Center                                                                
11.02   Eldridge Business Center                                                                
11.03   West Belt Business Center                                                                
11.04   Winkler Berrybrook                                                                
11.05   Aldine Westfield                                                                
11.06   Keough Business Center                                                                
12   Central Park Retail   0.005000%   0.000500%   0.000350%   4.367150%   Actual/360   99,916.04   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)
13   Archdale Marketplace   0.005000%   0.000500%   0.000350%   4.104790%   Actual/360   93,360.25   Interest-only, Amortizing Balloon   Actual/360   120   119   24   23   360   360   1   L(25),D(90),O(5)
14   DoubleTree Dallas Near the Galleria   0.005000%   0.000500%   0.000350%   4.484790%   Actual/360   96,270.21   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)
15   Tully Business Center   0.005000%   0.000500%   0.000350%   3.974790%   Actual/360   83,446.82   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360   360   2   L(26),GRTR 1% or YM or D(87),O(7)
16   Spanish Fort Town Center Apartments   0.005000%   0.000500%   0.000350%   4.254790%   Actual/360   77,665.05   Interest-only, Amortizing Balloon   Actual/360   120   119   24   23   360   360   1   L(25),D(92),O(3)
17   Alliance International   0.055000%   0.000500%   0.000350%   4.934790%   Actual/360   82,670.53   Interest-only, Amortizing Balloon   Actual/360   120   114   36   30   360   360   6   L(30),D(86),O(4)
18   Gas Company Tower & World Trade Center Parking Garage   0.003750%   0.000500%   0.000350%   3.461100%   Actual/360   44,011.65   Interest-only, Balloon   Actual/360   60   57   60   57   0   0   3   L(12),GRTR 1% or YM(43),O(5)
19   2375 Anselmo Drive   0.045000%   0.000500%   0.000350%   4.144790%   Actual/360   73,352.58   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
20   Consumer Square West   0.055000%   0.000500%   0.000350%   4.534790%   Actual/360   69,719.63   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(90),O(5)
21   Northtowne Meadows   0.005000%   0.000500%   0.000350%   4.434790%   Actual/360   64,224.14   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)
22   Central Self Storage - Daly City, CA   0.005000%   0.000500%   0.000350%   4.044790%   Actual/360   40,649.34   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)
23   Shoppes at Kendall   0.005000%   0.000500%   0.000350%   3.684790%   Actual/360   33,449.88   Interest-only, Balloon   Actual/360   120   118   120   118   0   0   2   L(26),D(87),O(7)
24   Firelands and Midtown Manor MHP   0.005000%   0.000500%   0.000350%   4.984790%   Actual/360   53,682.16   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(91),O(3)
24.01   Midtown Manor MHP                                                                
24.02   Firelands Manor MHP                                                                
25   Holiday Inn Express & Suites Cooperstown   0.005000%   0.000500%   0.000350%   4.534790%   Actual/360   55,275.58   Amortizing Balloon       120   119   0   0   240   239   1   L(25),D(90),O(5)
26   61 Inverness   0.005000%   0.000500%   0.000350%   4.984790%   Actual/360   44,153.58   Interest-only, Amortizing Balloon   Actual/360   120   114   36   30   360   360   6   L(30),D(86),O(4)
27   Shoreview Apartments   0.005000%   0.000500%   0.000350%   3.984790%   Actual/360   38,193.22   Amortizing Balloon       120   119   0   0   360   359   1   L(25),GRTR 1% or YM(90),O(5)
28   One & Two Corporate Plaza   0.005000%   0.000500%   0.000350%   5.047150%   Actual/360   37,834.62   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)
29   New Albany Office Building   0.052500%   0.000500%   0.000350%   4.517290%   Actual/360   34,164.85   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360   360   2   L(26),D(90),O(4)
30   Paradise Ranch MHP   0.005000%   0.000500%   0.000350%   4.834790%   Actual/360   34,299.97   Amortizing Balloon       60   59   0   0   360   359   1   L(25),D(31),O(4)
31   Pacific Rancho Business Park   0.035000%   0.000500%   0.000350%   3.661790%   Actual/360   19,888.66   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)
32   Comfort Suites Waco   0.005000%   0.000500%   0.000350%   4.954790%   Actual/360   33,704.35   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(91),O(3)
33   Century Theater - NextGen   0.005000%   0.000500%   0.000350%   4.674790%   Actual/360   24,568.22   Interest-only, Balloon   Actual/360   120   110   120   110   0   0   10   L(34),D(82),O(4)
34   Chicago Northside Storage   0.005000%   0.000500%   0.000350%   4.834790%   Actual/360   31,661.51   Interest-only, Amortizing Balloon   Actual/360   120   119   12   11   360   360   1   L(25),D(92),O(3)
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   0.080000%   0.000500%   0.000350%   3.499790%   Actual/360   27,245.02   Amortizing Balloon       120   119   0   0   360   359   1   GRTR 1% or YM(113),1%(3),O(4)
36   Village at Fairplain   0.005000%   0.000500%   0.000350%   5.234790%   Actual/360   33,857.50   Amortizing Balloon       60   56   0   0   300   296   4   L(28),D(29),O(3)
37   Hampton Inn Richmond Hill   0.005000%   0.000500%   0.000350%   4.664790%   Actual/360   28,717.72   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
38   4119 Syracuse Holding (Camillus Plaza)   0.005000%   0.000500%   0.000350%   4.464790%   Actual/360   27,954.02   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(93),O(2)
39   Holiday Inn Express & Suites Marysville   0.005000%   0.000500%   0.000350%   4.774790%   Actual/360   27,775.24   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
40   Lock Ur Own Self Storage   0.005000%   0.000500%   0.000350%   4.674790%   Actual/360   27,455.96   Amortizing Balloon       120   117   0   0   360   357   3   L(27),D(90),O(3)
41   Bella Vista Pointe Apartments   0.005000%   0.000500%   0.000350%   4.464790%   Actual/360   25,780.38   Interest-only, Amortizing Balloon   Actual/360   120   117   12   9   360   360   3   L(27),D(89),O(4)
42   Country Aire MHP   0.005000%   0.000500%   0.000350%   4.984790%   Actual/360   24,693.79   Amortizing Balloon       60   59   0   0   360   359   1   L(25),D(32),O(3)
43   CVS Duluth   0.055000%   0.000500%   0.000350%   3.936790%   Actual/360   15,215.94   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   L(25),D(91),O(4)
44   Comfort Inn & Suites Market Center Dallas   0.005000%   0.000500%   0.000350%   4.994790%   Actual/360   24,184.48   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   0.080000%   0.000500%   0.000350%   3.379790%   Actual/360   20,131.73   Amortizing Balloon       120   118   0   0   360   358   2   GRTR 1% or YM(113),1%(3),O(4)
46   Sun Lake Estates MHP   0.005000%   0.000500%   0.000350%   4.744790%   Actual/360   22,143.41   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(90),O(4)
47   Moore Self Storage   0.005000%   0.000500%   0.000350%   4.434790%   Actual/360   21,055.44   Interest-only, Amortizing Balloon   Actual/360   120   119   36   35   360   360   1   L(25),D(91),O(4)
48   Best Western - Westgate   0.005000%   0.000500%   0.000350%   5.094790%   Actual/360   24,822.71   Amortizing Balloon       120   108   0   0   300   288   12   L(36),D(80),O(4)
49   Courthouse Square   0.005000%   0.000500%   0.000350%   5.164790%   Actual/360   22,353.34   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
50   Pokegama Mobile Home & R.V. Park   0.005000%   0.000500%   0.000350%   6.164790%   Actual/360   24,446.87   Amortizing Balloon       60   54   0   0   360   354   6   L(30),D(26),O(4)
51   Compton Owners Corp.   0.080000%   0.000500%   0.000350%   3.299790%   Actual/360   11,170.52   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   GRTR 1% or YM(113),1%(3),O(4)
52   Arlington Heights Self Storage   0.005000%   0.000500%   0.000350%   4.564790%   Actual/360   19,179.37   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360   360   2   L(26),D(90),O(4)
53   Western Village MHP   0.005000%   0.000500%   0.000350%   4.764790%   Actual/360   18,321.00   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)
54   7350 S Phillips Avenue   0.005000%   0.000500%   0.000350%   4.704790%   Actual/360   18,194.42   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
55   Guardian Self Storage San Antonio   0.005000%   0.000500%   0.000350%   4.524790%   Actual/360   17,817.27   Amortizing Balloon       120   118   0   0   360   358   2   L(26),GRTR 1% or YM(91),O(3)
56   Northgate III   0.005000%   0.000500%   0.000350%   4.144790%   Actual/360   16,279.63   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
57   Broadview Heights Self Storage   0.005000%   0.000500%   0.000350%   4.434790%   Actual/360   16,521.98   Interest-only, Amortizing Balloon   Actual/360   120   118   36   34   360   360   2   L(26),D(90),O(4)
58   Pleasant Ridge   0.005000%   0.000500%   0.000350%   4.734790%   Actual/360   16,953.54   Amortizing Balloon       120   118   0   0   360   358   2   L(26),D(91),O(3)
59   Bayview Owners Corp.   0.080000%   0.000500%   0.000350%   3.369790%   Actual/360   11,549.87   Amortizing Balloon       120   119   0   0   480   479   1   GRTR 1% or YM(113),1%(3),O(4)
60   Royal Oaks MHC   0.005000%   0.000500%   0.000350%   4.904790%   Actual/360   14,761.42   Amortizing Balloon       120   117   0   0   360   357   3   L(27),D(89),O(4)
61   Big Oaks Self Storage & Retail   0.005000%   0.000500%   0.000350%   4.454790%   Actual/360   13,821.76   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)
62   Mohegan Village Owners, Inc.   0.080000%   0.000500%   0.000350%   3.439790%   Actual/360   10,508.19   Amortizing Balloon       120   120   0   0   480   480   0   GRTR 1% or YM(113),1%(3),O(4)
63   Belle Grove MHP   0.005000%   0.000500%   0.000350%   4.824790%   Actual/360   14,231.32   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)
64   Fleetwood Hills Apartments, Inc.   0.080000%   0.000500%   0.000350%   3.319790%   Actual/360   7,246.05   Interest-only, Balloon   Actual/360   120   119   120   119   0   0   1   GRTR 1% or YM(113),1%(3),O(4)
65   All American Storage DeSoto   0.005000%   0.000500%   0.000350%   4.624790%   Actual/360   11,330.83   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)
66   Southwood Village Retail Center   0.055000%   0.000500%   0.000350%   5.864790%   Actual/360   12,942.50   Interest-only, Amortizing Balloon   Actual/360   120   113   12   5   360   360   7   L(31),D(85),O(4)
67   Newtown Self Storage   0.005000%   0.000500%   0.000350%   4.404790%   Actual/360   10,540.80   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)
68   Campus Plaza - MI   0.005000%   0.000500%   0.000350%   4.294790%   Actual/360   9,909.18   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(91),O(4)
69   80-82 Charles St. Owners Corp.   0.080000%   0.000500%   0.000350%   3.549790%   Actual/360   5,739.56   Amortizing Balloon       120   119   0   0   480   479   1   GRTR 1% or YM(107),1%(6),O(7)
70   Aloha Estates MHP   0.005000%   0.000500%   0.000350%   5.134790%   Actual/360   7,098.34   Amortizing Balloon       120   117   0   0   360   357   3   L(27),D(90),O(3)
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.   0.080000%   0.000500%   0.000350%   3.519790%   Actual/360   5,690.09   Amortizing Balloon       120   119   0   0   360   359   1   GRTR 1% or YM(113),1%(3),O(4)
72   13912 Owners Corp.   0.080000%   0.000500%   0.000350%   3.489790%   Actual/360   5,669.03   Amortizing Balloon       120   119   0   0   360   359   1   GRTR 1% or YM(113),1%(3),O(4)
73   Friendly Village Mobile Estates   0.005000%   0.000500%   0.000350%   4.444790%   Actual/360   5,850.01   Amortizing Balloon       120   119   0   0   360   359   1   L(25),D(92),O(3)

 

A-1-3 

 

 

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

 

Mortgage Loan Number   Property Name   Grace Period Default (Days)   Grace Period Late (Days)   Appraised Value ($)(5)   Appraisal Date(5)   Coop -Rental Value    Coop - LTV as Rental   Coop - Unsold Percent    Coop - Sponsor Units    Coop - Investor Units    Coop - Coop Units   Coop - Sponsor/Investor Carry   Coop - Committed Secondary Debt   U/W NOI
DSCR (x)(4)
  U/W NCF
DSCR (x)(4)
  Cut-off Date LTV Ratio(4)(5)   LTV Ratio at Maturity or ARD(4)(5)   Cut-off Date U/W NOI Debt Yield(4)   Cut-off Date U/W NCF Debt Yield(4)   U/W
Revenues ($)(6)(8)
  U/W
Expenses ($)
  U/W Net Operating Income ($)   U/W
Replacement ($)
1   Gurnee Mills   0   0   417,000,000   8/23/2016                                   1.70   1.60   65.9%   52.4%   9.7%   9.1%   40,778,955   14,098,029   26,680,926   420,979
2   101 Hudson Street   0   0   482,500,000   9/6/2016                                   4.07   3.68   51.8%   51.8%   12.9%   11.6%   50,810,573   18,681,652   32,128,921   281,746
3   Plaza America I & II   0   0   195,000,000   6/9/2016                                   2.18   1.96   64.1%   64.1%   9.3%   8.3%   17,034,804   5,460,995   11,573,809   102,923
4   North Isle Village, Inc.   10   10   86,920,000   6/9/2016   121,000,000   38.0%   19.3%   81   66   0   896,559       2.69   2.65   52.8%   41.5%   14.8%   14.5%   11,507,236   4,719,467   6,787,769   122,300
5   Easton Town Center   3   5   1,186,000,000   7/12/2016                                   4.21   4.02   28.5%   28.5%   15.4%   14.7%   78,773,625   26,733,883   52,039,742   325,768
6   Conrad Indianapolis   0   0   85,900,000   8/9/2016                                   2.06   1.71   64.8%   52.5%   12.6%   10.5%   23,499,703   16,504,584   6,995,119   1,174,985
7   Mall at Turtle Creek   0   0   130,000,000   4/5/2016                                   1.69   1.57   55.0%   45.1%   10.7%   9.9%   9,992,279   2,364,573   7,627,706   49,410
8   Home2 Suites - Long Island City   0   5   40,800,000   8/23/2016                                   1.70   1.53   61.2%   50.5%   11.0%   10.0%   6,576,973   3,828,493   2,748,480   263,079
9   ExchangeRight Net Leased Portfolio 13   0   0   45,293,000   Various                                   2.86   2.74   54.1%   54.1%   11.1%   10.6%   3,035,101   324,274   2,710,827   22,229
9.01   Walgreens -  Fairfield           6,200,000   7/19/2016                                                           386,000   7,720   378,280   0
9.02   Walgreens - Panama City           5,763,000   8/5/2016                                                           340,000   6,800   333,200   0
9.03   Hobby Lobby - Franklin           5,300,000   8/3/2016                                                           442,030   129,635   312,395   7,950
9.04   CVS Pharmacy - Gadsden           4,500,000   7/26/2016                                                           302,686   39,977   262,709   0
9.05   Tractor Supply - Chillicothe           3,000,000   7/19/2016                                                           177,680   3,554   174,127   2,842
9.06   Advance Auto Parts - Houston           2,050,000   8/1/2016                                                           126,739   7,143   119,596   0
9.07   Family Dollar - Plainville           1,980,000   8/19/2016                                                           117,358   2,347   115,011   1,383
9.08   Napa Auto Parts - Madison           1,800,000   7/23/2016                                                           108,300   2,166   106,134   1,170
9.09   Dollar General - Knoxville (Circle Oak)           1,475,000   7/13/2016                                                           105,694   12,032   93,662   0
9.10   Family Dollar - Lafayette (Pinhook)           1,400,000   4/10/2016                                                           88,108   1,762   86,346   1,272
9.11   Dollar General - Dothan           1,400,000   7/28/2016                                                           94,510   5,500   89,010   0
9.12   Family Dollar - Lafayette (Congress)           1,370,000   7/11/2016                                                           84,550   1,691   82,859   1,248
9.13   Dollar General - Superior           1,380,000   8/16/2016                                                           117,822   23,968   93,854   0
9.14   Dollar General - Knoxville (Elm)           1,275,000   8/1/2016                                                           104,058   22,667   81,391   0
9.15   Family Dollar - Scott           1,230,000   4/10/2016                                                           79,162   1,583   77,578   1,280
9.16   Sherwin Williams - Arlington           1,210,000   7/26/2016                                                           80,552   13,802   66,749   900
9.17   Sherwin Williams - Shreveport           1,110,000   7/26/2016                                                           74,716   13,572   61,143   900
9.18   Sherwin Williams - Sherman           1,100,000   7/27/2016                                                           68,068   6,849   61,219   1,062
9.19   Dollar General - Walbridge           890,000   7/30/2016                                                           82,902   15,541   67,361   1,352
9.20   Sherwin Williams - Naples           860,000   7/24/2016                                                           54,167   5,964   48,203   870
10   Sheraton Towson Baltimore North   0   0   35,000,000   7/5/2016                                   1.93   1.57   62.7%   51.6%   12.4%   10.1%   12,727,882   10,002,061   2,725,820   509,115
11   Houston Industrial Portfolio   0   0   28,200,000   8/19/2016                                   1.63   1.45   70.8%   52.6%   11.2%   10.0%   3,410,082   1,172,854   2,237,228   51,552
11.01   Emmott Business Center           9,450,000   8/19/2016                                                           1,209,712   407,066   802,646   16,704
11.02   Eldridge Business Center           6,500,000   8/19/2016                                                           857,001   254,526   602,475   9,950
11.03   West Belt Business Center           6,000,000   8/19/2016                                                           622,229   299,961   322,269   9,703
11.04   Winkler Berrybrook           2,750,000   8/19/2016                                                           346,059   112,112   233,947   9,913
11.05   Aldine Westfield           2,200,000   8/19/2016                                                           235,215   60,496   174,719   3,319
11.06   Keough Business Center           1,300,000   8/19/2016                                                           139,866   38,695   101,172   1,963
12   Central Park Retail   5   5   121,000,000   6/1/2016                                   1.44   1.32   74.2%   59.9%   8.6%   7.9%   9,474,343   1,715,283   7,759,060   141,221
13   Archdale Marketplace   0   0   25,700,000   8/19/2016                                   1.52   1.43   75.0%   63.4%   8.8%   8.3%   2,218,870   518,834   1,700,036   26,972
14   DoubleTree Dallas Near the Galleria   0   0   30,800,000   8/5/2016                                   2.01   1.65   61.6%   49.9%   12.2%   10.0%   10,438,632   8,120,550   2,318,081   417,545
15   Tully Business Center   0   5   25,800,000   8/11/2016                                   1.63   1.48   67.8%   58.7%   9.4%   8.5%   2,409,189   772,757   1,636,431   21,587
16   Spanish Fort Town Center Apartments   0   0   21,670,000   8/12/2016                                   1.38   1.32   72.7%   61.7%   8.2%   7.8%   2,220,785   935,979   1,284,805   54,000
17   Alliance International   0   0   22,000,000   3/3/2016                                   1.95   1.71   70.0%   62.0%   12.6%   11.0%   3,215,533   1,281,789   1,933,744   61,947
18   Gas Company Tower & World Trade Center Parking Garage   0   0   611,000,000   6/21/2016                                   5.66   5.23   23.6%   23.6%   19.9%   18.4%   51,405,707   22,733,822   28,671,885   430,466
19   2375 Anselmo Drive   0   0   21,000,000   7/11/2016                                   1.70   1.66   71.3%   57.1%   10.0%   9.8%   1,959,098   459,517   1,499,581   14,914
20   Consumer Square West   0   0   22,000,000   7/22/2016                                   1.81   1.64   61.7%   50.1%   11.1%   10.1%   2,148,016   637,888   1,510,128   32,731
21   Northtowne Meadows   0   0   17,220,000   7/26/2016                                   1.35   1.33   73.9%   59.8%   8.2%   8.0%   1,826,409   785,033   1,041,376   19,300
22   Central Self Storage - Daly City, CA   0   0   21,380,000   4/13/2016                                   2.48   2.42   55.4%   55.4%   10.2%   10.0%   1,843,478   635,945   1,207,534   10,703
23   Shoppes at Kendall   5   5   19,800,000   6/13/2016                                   2.95   2.82   54.0%   54.0%   11.1%   10.6%   1,650,023   465,094   1,184,929   7,209
24   Firelands and Midtown Manor MHP   0   0   13,660,000   7/2/2016                                   1.45   1.42   73.0%   60.2%   9.3%   9.1%   1,637,919   706,180   931,739   19,900
24.01   Midtown Manor MHP           7,830,000   7/2/2016                                                           976,534   429,433   547,101   12,000
24.02   Firelands Manor MHP           5,830,000   7/2/2016                                                           661,385   276,747   384,638   7,900
25   Holiday Inn Express & Suites Cooperstown   0   0   13,900,000   8/18/2016                                   1.94   1.76   62.4%   38.7%   14.8%   13.4%   2,921,363   1,637,695   1,283,668   116,855
26   61 Inverness   0   0   11,500,000   3/11/2016                                   1.63   1.47   71.5%   63.3%   10.5%   9.4%   1,500,912   639,172   861,740   20,056
27   Shoreview Apartments   0   5   13,600,000   8/26/2016                                   2.09   2.02   58.7%   46.7%   12.0%   11.6%   1,567,295   608,374   958,921   34,048
28   One & Two Corporate Plaza   0   0   43,000,000   7/13/2016                                   1.57   1.31   62.6%   51.7%   10.2%   8.5%   5,425,040   2,683,300   2,741,740   55,205
29   New Albany Office Building   0   0   9,150,000   7/5/2016                                   1.87   1.62   73.0%   64.0%   11.5%   10.0%   1,470,202   705,187   765,015   16,571
30   Paradise Ranch MHP   0   0   11,280,000   7/15/2016                                   1.55   1.53   57.6%   53.0%   9.8%   9.7%   1,139,094   500,401   638,693   7,050
31   Pacific Rancho Business Park   0   0   11,400,000   8/17/2016                                   3.03   2.79   55.7%   55.7%   11.4%   10.5%   904,599   181,670   722,929   11,709
32   Comfort Suites Waco   0   0   10,200,000   6/20/2016                                   2.11   1.87   61.6%   50.7%   13.6%   12.0%   2,462,674   1,608,149   854,525   98,507
33   Century Theater - NextGen   0   5   16,500,000   10/3/2016                                   3.46   3.29   37.6%   37.6%   16.4%   15.7%   1,050,194   31,506   1,018,688   4,333
34   Chicago Northside Storage   0   0   8,480,000   6/7/2016                                   1.36   1.34   70.8%   59.5%   8.6%   8.5%   871,145   355,361   515,784   6,114
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   10   10   59,450,000   8/22/2016   55,400,000   10.8%   0.3%   0   0   1       1,000,000   10.80   10.59   10.1%   7.9%   58.9%   57.8%   6,830,698   3,300,601   3,530,097   68,000
36   Village at Fairplain   0   0   9,400,000   4/28/2016                                   1.54   1.41   59.7%   53.7%   11.1%   10.2%   1,136,072   510,583   625,488   53,400
37   Hampton Inn Richmond Hill   0   0   8,600,000   8/2/2016                                   2.26   2.04   64.5%   52.5%   14.1%   12.7%   1,904,798   1,125,141   779,657   76,192
38   4119 Syracuse Holding (Camillus Plaza)   5   5   7,400,000   8/16/2016                                   1.58   1.45   74.6%   60.4%   9.6%   8.8%   803,637   273,749   529,888   9,700
39   Holiday Inn Express & Suites Marysville   0   0   8,300,000   8/8/2016                                   2.46   2.21   63.8%   52.1%   15.5%   13.9%   2,122,258   1,302,073   820,184   84,890
40   Lock Ur Own Self Storage   0   0   8,470,000   6/15/2016                                   1.51   1.47   62.4%   50.9%   9.4%   9.1%   831,591   335,210   496,381   13,333
41   Bella Vista Pointe Apartments   0   0   8,120,000   6/14/2016                                   1.86   1.67   62.8%   52.2%   11.3%   10.2%   1,266,016   691,571   574,445   56,400
42   Country Aire MHP   0   0   6,190,000   8/22/2016                                   1.57   1.54   74.2%   68.5%   10.2%   9.9%   613,987   147,341   466,646   9,650
43   CVS Duluth   0   0   9,100,000   8/14/2016                                   2.36   2.36   49.5%   49.5%   9.6%   9.6%   442,041   11,426   430,615   0
44   Comfort Inn & Suites Market Center Dallas   0   0   6,600,000   8/24/2016                                   2.09   1.88   68.1%   56.1%   13.5%   12.1%   1,525,399   919,784   605,615   61,016
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   10   10   29,830,000   4/7/2016   22,700,000   19.8%   5.1%   0   0   6           6.00   5.87   15.0%   11.7%   32.3%   31.6%   2,721,066   1,272,437   1,448,629   29,500
46   Sun Lake Estates MHP   0   0   6,910,000   5/23/2016                                   1.73   1.68   61.2%   50.0%   10.8%   10.6%   661,053   202,644   458,409   11,450
47   Moore Self Storage   0   0   6,100,000   6/29/2016                                   1.67   1.63   68.5%   59.9%   10.1%   9.9%   593,884   172,526   421,358   7,588
48   Best Western - Westgate   0   0   6,600,000   9/1/2016                                   2.47   2.27   62.4%   47.8%   17.9%   16.4%   1,531,690   795,415   736,275   61,268
49   Courthouse Square   0   0   5,980,000   7/18/2016                                   1.55   1.41   68.2%   56.4%   10.2%   9.3%   532,723   118,110   414,613   5,357
50   Pokegama Mobile Home & R.V. Park   0   0   7,460,000   3/29/2016                                   1.72   1.66   53.3%   50.3%   12.7%   12.2%   1,118,418   614,520   503,898   16,850
51   Compton Owners Corp.   10   10   18,050,000   7/12/2016   12,000,000   32.5%   8.8%   10   0   0   36,538   500,000   6.08   5.82   21.6%   21.6%   20.9%   20.0%   1,965,706   1,150,591   815,115   34,500
52   Arlington Heights Self Storage   0   0   5,620,000   7/6/2016                                   1.46   1.44   66.7%   58.5%   9.0%   8.8%   802,005   465,342   336,663   5,679
53   Western Village MHP   0   0   4,980,000   9/6/2016                                   1.44   1.39   70.2%   57.4%   9.1%   8.7%   603,598   286,524   317,074   11,421
54   7350 S Phillips Avenue   0   0   4,800,000   7/27/2016                                   1.59   1.51   72.8%   59.4%   9.9%   9.4%   602,082   255,666   346,416   17,500
55   Guardian Self Storage San Antonio   0   0   6,610,000   6/24/2016                                   1.59   1.55   52.8%   42.9%   9.8%   9.5%   740,248   399,395   340,853   8,783
56   Northgate III   0   0   5,000,000   7/12/2016                                   1.83   1.55   66.8%   53.4%   10.7%   9.1%   576,453   219,277   357,177   14,281
57   Broadview Heights Self Storage   0   0   4,530,000   8/2/2016                                   1.81   1.78   72.4%   63.3%   10.9%   10.8%   585,608   226,728   358,880   5,974
58   Pleasant Ridge   0   0   4,530,000   7/6/2016                                   1.52   1.47   71.6%   58.5%   9.6%   9.3%   601,669   291,682   309,987   9,950
59   Bayview Owners Corp.   10   10   44,400,000   7/22/2016   27,400,000   10.9%   19.4%   37   0   0   142,754   300,000   12.62   12.34   6.8%   5.9%   58.3%   57.1%   3,121,890   1,373,226   1,748,664   38,400
60   Royal Oaks MHC   0   0   3,840,000   5/13/2016                                   1.62   1.59   72.0%   59.3%   10.4%   10.2%   439,242   152,989   286,253   5,084
61   Big Oaks Self Storage & Retail   0   0   4,550,000   8/17/2016                                   1.98   1.80   60.1%   48.6%   12.0%   10.9%   575,568   247,466   328,102   10,679
62   Mohegan Village Owners, Inc.   10   10   10,170,000   7/8/2016   15,400,000   17.5%   3.8%   1   0   1   3,428       6.79   6.70   26.5%   23.1%   31.7%   31.3%   1,268,504   411,906   856,598   11,200
63   Belle Grove MHP   0   0   3,600,000   8/8/2016                                   1.38   1.36   74.9%   61.3%   8.8%   8.6%   442,644   206,622   236,023   4,400
64   Fleetwood Hills Apartments, Inc.   10   10   7,630,000   8/26/2016   5,000,000   50.3%   7.1%   3   0   0   (7,329)       3.88   3.73   33.0%   33.0%   13.4%   12.9%   806,987   469,554   337,433   12,900
65   All American Storage DeSoto   0   0   3,060,000   8/26/2016                                   1.46   1.40   71.8%   58.4%   9.0%   8.7%   377,196   179,160   198,036   7,934
66   Southwood Village Retail Center   0   0   2,900,000   2/12/2016                                   1.48   1.31   75.0%   65.0%   10.6%   9.3%   335,780   105,722   230,058   4,527
67   Newtown Self Storage   0   0   3,340,000   8/19/2016                                   1.82   1.78   62.8%   50.7%   11.0%   10.7%   407,224   176,867   230,358   5,081
68   Campus Plaza - MI   0   0   4,200,000   8/16/2016                                   2.91   2.72   47.6%   38.2%   17.3%   16.2%   493,289   147,006   346,283   7,814
69   80-82 Charles St. Owners Corp.   10   10   21,280,000   8/19/2016   10,200,000   14.2%   26.7%   8   0   0   (46,358)   200,000   9.37   9.23   6.8%   5.9%   44.5%   43.9%   1,040,167   395,152   645,015   9,000
70   Aloha Estates MHP   0   0   2,750,000   5/16/2016                                   2.24   2.19   47.1%   39.1%   14.7%   14.4%   365,207   174,443   190,763   3,950
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.   10   10   5,317,000   8/24/2016   7,200,000   17.3%   3.7%   2   0   0   112       7.54   7.38   23.5%   18.4%   41.3%   40.4%   872,618   357,662   514,956   11,000
72   13912 Owners Corp.   10   10   5,300,000   6/2/2016   5,900,000   21.2%   3.3%   1   0   0   (2,016)   250,000   4.86   4.74   23.6%   18.4%   26.5%   25.8%   523,508   192,873   330,635   8,000
73   Friendly Village Mobile Estates   0   0   1,550,000   9/1/2016                                   1.56   1.49   74.7%   60.4%   9.4%   9.0%   285,860   176,504   109,356   5,000

 

A-1-4 

 

 

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

 

Mortgage Loan Number   Property Name   U/W
TI/LC ($)
  U/W
Net Cash Flow ($)
  Occupancy Rate(3)   Occupancy as-of Date   U/W Hotel ADR   U/W Hotel RevPAR   Most Recent Period   Most Recent Revenues ($)   Most Recent Expenses ($)   Most
Recent
NOI ($)
  Most Recent Capital Expenditures   Most Recent NCF ($)   Most Recent Hotel ADR   Most Recent Hotel RevPAR   Second Most Recent Period   Second Most Recent Revenues ($)   Second Most Recent Expenses ($)   Second Most Recent NOI ($)
1   Gurnee Mills   1,160,681   25,099,266   91.1%   9/22/2016           TTM 7/31/2016   41,767,037   13,716,322   28,050,715   0   28,050,715           Actual 2015   41,761,447   13,959,485   27,801,962
2   101 Hudson Street   2,771,771   29,075,403   98.3%   9/21/2016           TTM 7/31/2016   39,960,773   16,855,969   23,104,804   0   23,104,804           Actual 2015   38,571,011   17,274,342   21,296,669
3   Plaza America I & II   1,088,862   10,382,024   88.4%   7/1/2016           TTM 7/31/2016   15,973,840   5,248,417   10,725,423   0   10,725,423           Actual 2015   15,267,515   5,262,539   10,004,976
4   North Isle Village, Inc.   0   6,665,469   95.0%   6/9/2016                                                        
5   Easton Town Center   1,954,610   49,759,364   96.6%   6/24/2016           TTM 4/30/2016   77,042,098   27,974,389   49,067,709   0   49,067,709           Actual 2015   76,321,753   28,187,578   48,134,175
6   Conrad Indianapolis   0   5,820,134   73.0%   8/31/2016   227   166   TTM 8/31/2016   23,499,703   16,652,099   6,847,604   0   6,847,604   227   166   Actual 2015   22,708,579   16,506,344   6,202,235
7   Mall at Turtle Creek   494,097   7,084,199   90.8%   4/1/2016           TTM 3/31/2016   9,304,506   2,044,191   7,260,314   0   7,260,314           Actual 2015   9,203,647   2,056,405   7,147,241
8   Home2 Suites - Long Island City   0   2,485,401   85.9%   7/31/2016   185   151   TTM 7/31/2016   6,894,959   3,699,880   3,195,079   275,798   2,919,281   185   159   Actual 2015   6,790,495   3,626,839   3,163,656
9   ExchangeRight Net Leased Portfolio 13   87,851   2,600,747   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.01   Walgreens -  Fairfield   0   378,280   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.02   Walgreens - Panama City   0   333,200   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.03   Hobby Lobby - Franklin   31,810   272,634   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.04   CVS Pharmacy - Gadsden   0   262,709   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.05   Tractor Supply - Chillicothe   10,420   160,865   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.06   Advance Auto Parts - Houston   0   119,596   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.07   Family Dollar - Plainville   5,914   107,714   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.08   Napa Auto Parts - Madison   5,203   99,761   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.09   Dollar General - Knoxville (Circle Oak)   0   93,662   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.10   Family Dollar - Lafayette (Pinhook)   4,885   80,188   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.11   Dollar General - Dothan   0   89,010   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.12   Family Dollar - Lafayette (Congress)   4,738   76,873   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.13   Dollar General - Superior   0   93,854   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.14   Dollar General - Knoxville (Elm)   0   81,391   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.15   Family Dollar - Scott   4,693   71,606   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.16   Sherwin Williams - Arlington   3,612   62,237   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.17   Sherwin Williams - Shreveport   3,612   56,631   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.18   Sherwin Williams - Sherman   3,894   56,263   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.19   Dollar General - Walbridge   4,372   61,638   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
9.20   Sherwin Williams - Naples   4,698   42,635   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
10   Sheraton Towson Baltimore North   0   2,216,705   67.1%   7/31/2016   125   84   TTM 7/31/2016   12,740,387   10,201,535   2,538,852   0   2,538,852   125   84   Actual 2015   12,303,150   10,348,094   1,955,056
11   Houston Industrial Portfolio   192,400   1,993,276   87.1%   9/23/2016           TTM 8/31/2016   3,297,324   1,142,117   2,155,206   0   2,155,206           Actual 2015   3,362,813   1,086,292   2,276,521
11.01   Emmott Business Center   69,520   716,423   85.8%   9/23/2016           TTM 8/31/2016   1,099,116   387,494   711,622   0   711,622           Actual 2015   1,196,721   369,699   827,022
11.02   Eldridge Business Center   46,924   545,601   97.2%   9/23/2016           TTM 8/31/2016   682,337   244,617   437,719   0   437,719           Actual 2015   768,074   240,549   527,525
11.03   West Belt Business Center   32,403   280,163   68.9%   9/23/2016           TTM 8/31/2016   851,682   311,304   540,378   0   540,378           Actual 2015   780,873   290,327   490,546
11.04   Winkler Berrybrook   20,904   203,131   100.0%   9/23/2016           TTM 8/31/2016   301,877   102,211   199,666   0   199,666           Actual 2015   288,799   90,564   198,235
11.05   Aldine Westfield   14,485   156,915   100.0%   9/23/2016           TTM 8/31/2016   234,708   57,814   176,894   0   176,894           Actual 2015   192,316   53,437   138,879
11.06   Keough Business Center   8,165   91,044   85.8%   9/23/2016           TTM 8/31/2016   127,604   38,676   88,927   0   88,927           Actual 2015   136,029   41,715   94,314
12   Central Park Retail   501,167   7,116,672   95.7%   7/22/2016           TTM 8/1/2016   8,901,201   1,593,420   7,307,782   0   7,307,782           Actual 2015   8,893,401   1,589,495   7,303,906
13   Archdale Marketplace   67,601   1,605,463   94.7%   9/30/2016           TTM 6/30/2016   2,220,440   546,904   1,673,536   0   1,673,536           Actual 2015   2,159,270   539,399   1,619,871
14   DoubleTree Dallas Near the Galleria   0   1,900,536   77.9%   7/31/2016   92   69   TTM 7/31/2016   10,711,220   8,116,732   2,594,488   0   2,594,488   92   72   Actual 2015   10,756,047   8,264,042   2,492,005
15   Tully Business Center   133,268   1,481,876   97.3%   8/22/2016           Annualized 5 7/31/2016   2,303,383   623,145   1,680,239   0   1,680,239           Actual 2015   2,187,264   863,193   1,324,071
16   Spanish Fort Town Center Apartments   0   1,230,805   94.9%   7/11/2016           Annualized 8 8/31/2016   2,220,785   870,280   1,350,504   0   1,350,504           Actual 2015   2,124,335   877,192   1,247,143
17   Alliance International   178,693   1,693,104   83.9%   7/31/2016           TTM 6/30/2016   2,902,643   1,289,198   1,613,445   0   1,613,445           Actual 2015   2,800,218   1,225,803   1,574,415
18   Gas Company Tower & World Trade Center Parking Garage   1,720,268   26,521,151   83.0%   6/1/2016           TTM 5/31/2016   44,148,529   22,301,374   21,847,155   0   21,847,155           Actual 2015   42,670,504   21,835,684   20,834,820
19   2375 Anselmo Drive   21,174   1,463,493   100.0%   9/27/2016           Actual 2015   745,905   143,207   602,698   7,768   594,930           NAV   NAV   NAV   NAV
20   Consumer Square West   109,104   1,368,294   91.2%   8/1/2016           TTM 8/31/2016   2,067,665   606,504   1,461,160   0   1,461,160           Actual 2015   2,181,837   696,516   1,485,321
21   Northtowne Meadows   0   1,022,076   86.0%   8/31/2016           TTM 8/31/2016   1,854,337   786,152   1,068,185   0   1,068,185           Actual 2015   1,837,667   759,570   1,078,097
22   Central Self Storage - Daly City, CA   15,961   1,180,870   97.1%   7/15/2016           TTM 6/30/2016   1,890,981   660,356   1,230,625   0   1,230,625           Actual 2015   1,804,167   653,637   1,150,530
23   Shoppes at Kendall   47,679   1,130,042   100.0%   9/1/2016           Annualized 6 6/30/2016   1,593,893   367,184   1,226,710   0   1,226,710           Actual 2015   1,429,202   355,819   1,073,383
24   Firelands and Midtown Manor MHP   0   911,839   85.7%   7/22/2016           TTM 6/30/2016   1,637,919   729,492   908,427   0   908,427           Actual 2015   1,594,734   681,171   913,564
24.01   Midtown Manor MHP   0   535,101   82.5%   7/22/2016           TTM 6/30/2016   976,534   444,794   531,740   0   531,740           Actual 2015   918,025   400,496   517,529
24.02   Firelands Manor MHP   0   376,738   90.5%   7/22/2016           TTM 6/30/2016   661,385   284,698   376,687   0   376,687           Actual 2015   676,709   280,675   396,034
25   Holiday Inn Express & Suites Cooperstown   0   1,166,814   59.6%   7/31/2016   173   103   TTM 7/31/2016   2,921,363   1,567,660   1,353,704   0   1,353,704   173   103   Actual 2015   2,769,715   1,561,040   1,208,675
26   61 Inverness   65,399   776,285   100.0%   7/31/2016           Annualized 3 7/31/2016   1,574,991   579,636   995,355   0   995,355           Actual 2015   1,207,113   688,229   518,884
27   Shoreview Apartments   0   924,873   92.2%   8/24/2016           TTM 7/31/2016   1,574,603   585,384   989,219   0   989,219           Actual 2015   1,493,923   594,692   899,231
28   One & Two Corporate Plaza   394,716   2,291,820   83.0%   8/4/2016           TTM 6/30/2016   5,892,057   2,283,535   3,608,521   0   3,608,521           Actual 2015   5,859,607   2,045,731   3,813,875
29   New Albany Office Building   82,854   665,591   100.0%   6/7/2016           TTM 7/31/2016   1,339,548   644,874   694,674   0   694,674           Actual 2015   1,287,171   669,831   617,340
30   Paradise Ranch MHP   0   631,643   98.9%   8/1/2016           TTM 8/31/2016   1,145,631   474,398   671,233   0   671,233           Actual 2015   1,052,210   414,353   637,857
31   Pacific Rancho Business Park   44,254   666,966   100.0%   9/1/2016           TTM 8/31/2016   803,584   180,017   623,567   0   623,567           Actual 2015   842,438   170,473   671,965
32   Comfort Suites Waco   0   756,018   67.3%   6/30/2016   103   70   TTM 6/30/2016   2,462,101   1,478,029   984,072   0   984,072   103   70   Actual 2015   2,203,274   1,370,711   832,563
33   Century Theater - NextGen   43,325   971,030   100.0%   11/1/2016           Annualized 6 6/30/2016   1,105,467   0   1,105,467   0   1,105,467           NAV   NAV   NAV   NAV
34   Chicago Northside Storage   0   509,670   88.0%   9/28/2016           TTM 8/31/2016   871,145   285,406   585,739   0   585,739           NAV   NAV   NAV   NAV
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   0   3,462,097   95.0%   8/22/2016                                                        
36   Village at Fairplain   0   572,088   95.5%   5/31/2016           TTM 6/30/2016   1,136,072   471,744   664,327   6,500   657,827           Actual 2015   1,133,585   479,612   653,973
37   Hampton Inn Richmond Hill   0   703,465   78.1%   7/31/2016   107   81   TTM 7/31/2016   1,957,430   1,174,739   782,692   0   782,692   107   83   Actual 2015   1,954,480   1,127,095   827,385
38   4119 Syracuse Holding (Camillus Plaza)   34,909   485,279   94.7%   8/29/2016           TTM 7/31/2016   847,999   306,286   541,713   0   541,713           Actual 2015   831,930   292,620   539,310
39   Holiday Inn Express & Suites Marysville   0   735,294   77.3%   8/31/2016   106   79   TTM 8/31/2016   2,222,973   1,310,179   912,793   88,979   823,814   106   82   Actual 2015   1,933,035   1,289,414   643,622
40   Lock Ur Own Self Storage   0   483,048   94.4%   7/7/2016           TTM 5/31/2016   833,972   334,889   499,083   0   499,083           Actual 2015   816,130   328,939   487,191
41   Bella Vista Pointe Apartments   0   518,045   96.8%   7/20/2016           TTM 6/30/2016   1,226,252   655,221   571,031   0   571,031           Actual 2015   1,171,650   622,277   549,373
42   Country Aire MHP   0   456,996   89.6%   7/17/2016           TTM 8/31/2016   622,093   130,035   492,058   9,500   482,558           Actual 2015   566,005   137,607   428,398
43   CVS Duluth   0   430,615   100.0%   11/1/2016           NAV   NAV   NAV   NAV   NAV   NAV           NAV   NAV   NAV   NAV
44   Comfort Inn & Suites Market Center Dallas   0   544,599   79.4%   7/31/2016   82   65   TTM 7/31/2016   1,529,458   919,041   610,417   61,185   549,231   82   65   Actual 2015   1,436,015   926,985   509,030
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   0   1,419,129   95.0%   4/7/2016                                                        
46   Sun Lake Estates MHP   0   446,959   86.9%   6/15/2016           TTM 5/31/2016   688,614   129,918   558,696   0   558,696           Actual 2015   698,134   128,759   569,375
47   Moore Self Storage   1,512   412,257   80.7%   9/23/2016           TTM 8/31/2016   541,051   133,859   407,192   0   407,192           Actual 2015   462,155   130,839   331,316
48   Best Western - Westgate   0   675,007   53.8%   6/30/2016   75   40   TTM 6/30/2016   1,531,690   780,286   751,404   0   751,404   75   41   Actual 2015   1,615,063   847,211   767,853
49   Courthouse Square   30,406   378,852   94.0%   8/31/2016           TTM 7/31/2016   547,005   104,434   442,571   0   442,571           Actual 2015   488,090   115,604   372,486
50   Pokegama Mobile Home & R.V. Park   0   487,048   95.8%   4/8/2016           TTM 6/30/2016   1,026,827   604,405   422,422   0   422,422           Actual 2015   1,063,859   567,838   496,021
51   Compton Owners Corp.   0   780,615   96.0%   7/12/2016                                                        
52   Arlington Heights Self Storage   0   330,984   97.5%   7/28/2016           TTM 7/31/2016   816,870   399,185   417,685   0   417,685           Actual 2015   803,917   393,102   410,814
53   Western Village MHP   0   305,653   68.8%   9/1/2016           TTM 8/31/2016   597,244   275,747   321,497   0   321,497           Actual 2015   534,010   253,954   280,056
54   7350 S Phillips Avenue   0   328,916   94.3%   7/19/2016           TTM 6/30/2016   608,545   267,373   341,172   0   341,172           Actual 2015   582,832   260,247   322,585
55   Guardian Self Storage San Antonio   0   332,070   92.3%   6/30/2016           TTM 6/30/2016   740,249   336,676   403,573   0   403,573           Actual 2015   734,120   290,587   443,533
56   Northgate III   40,081   302,815   100.0%   9/1/2016           TTM 7/31/2016   573,983   215,796   358,187   0   358,187           Actual 2015   559,615   223,425   336,190
57   Broadview Heights Self Storage   0   352,906   89.5%   10/1/2016           TTM 9/30/2016   548,832   174,516   374,316   0   374,316           Actual 2015   503,863   183,422   320,441
58   Pleasant Ridge   0   300,037   89.5%   7/8/2016           TTM 5/31/2016   607,221   287,856   319,365   0   319,365           Actual 2015   581,590   285,978   295,612
59   Bayview Owners Corp.   0   1,710,264   95.0%   7/22/2016                                                        
60   Royal Oaks MHC   0   281,169   98.4%   7/1/2016           Actual 2015   423,226   131,492   291,734   0   291,734           Actual 2014   416,452   128,685   287,767
61   Big Oaks Self Storage & Retail   19,199   298,225   92.6%   7/13/2016           TTM 6/30/2016   588,939   227,819   361,120   0   361,120           Actual 2015   551,916   216,454   335,462
62   Mohegan Village Owners, Inc.   0   845,398   95.0%   7/8/2016                                                        
63   Belle Grove MHP   0   231,623   93.2%   9/28/2016           TTM 8/31/2016   442,644   198,253   244,392   0   244,392           Actual 2015   410,631   181,750   228,881
64   Fleetwood Hills Apartments, Inc.   0   324,533   96.0%   8/26/2016                                                        
65   All American Storage DeSoto   0   190,103   92.4%   7/31/2016           TTM 8/31/2016   377,246   139,320   237,926   83,725   154,201           Annualized 7 12/31/2015   351,403   105,402   246,000
66   Southwood Village Retail Center   22,633   202,898   100.0%   6/30/2016           TTM 6/30/2016   353,862   95,134   258,728   0   258,728           Actual 2015   332,374   103,684   228,690
67   Newtown Self Storage   0   225,276   78.4%   8/20/2016           TTM 8/31/2016   401,350   159,205   242,145   0   242,145           Actual 2015   423,292   163,488   259,804
68   Campus Plaza - MI   15,568   322,902   92.8%   8/31/2016           TTM 6/30/2016   480,427   117,289   363,138   0   363,138           Actual 2015   473,404   107,047   366,357
69   80-82 Charles St. Owners Corp.   0   636,015   95.0%   8/19/2016                                                        
70   Aloha Estates MHP   0   186,813   98.7%   5/31/2016           Annualized 4 4/30/2016   387,407   162,094   225,313   0   225,313           Actual 2015   312,083   162,146   149,938
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.   0   503,956   95.8%   8/24/2016                                                        
72   13912 Owners Corp.   0   322,635   95.8%   6/2/2016                                                        
73   Friendly Village Mobile Estates   0   104,356   86.0%   7/1/2016           TTM 8/31/2016   267,905   174,292   93,612   0   93,612           Actual 2015   258,866   163,475   95,391

 

A-1-5 

 

 

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

 

Mortgage Loan Number   Property Name   Second Most Recent Capital Expenditures   Second Most Recent NCF ($)   Second Most Recent Hotel ADR   Second Most Recent Hotel RevPAR   Third Most Recent Period   Third Most Recent Revenues ($)   Third Most Recent Expenses ($)   Third Most Recent NOI ($)   Third Most Recent Capital Expenditures   Third Most Recent NCF ($)   Third Most Recent Hotel ADR   Third Most Recent Hotel RevPAR   Master Lease (Y/N)   Largest Tenant Name(7)(8)(9)   Largest Tenant Sq. Ft.
1   Gurnee Mills   0   27,801,962           Actual 2014   41,464,805   13,989,033   27,475,772   0   27,475,772           N   Sears Grand   201,439
2   101 Hudson Street   0   21,296,669           Actual 2014   38,228,378   17,641,097   20,587,281   0   20,587,281           N   Bank of America   388,207
3   Plaza America I & II   0   10,004,976           Actual 2014   14,889,043   5,455,551   9,433,492   0   9,433,492           N   Software AG   73,235
4   North Isle Village, Inc.                                                            
5   Easton Town Center   0   48,134,175           Actual 2014   74,937,618   27,593,401   47,344,217   0   47,344,217           N   AMC 30   134,000
6   Conrad Indianapolis   0   6,202,235   223   159   Actual 2014   21,137,908   14,616,902   6,521,006   0   6,521,006   208   156   N        
7   Mall at Turtle Creek   0   7,147,241           Actual 2014   9,277,093   2,231,971   7,045,122   0   7,045,122           N   Barnes & Noble   26,080
8   Home2 Suites - Long Island City   0   3,163,656   182   157   NAV   NAV   NAV   NAV   NAV   NAV   NAV   NAV   N        
9   ExchangeRight Net Leased Portfolio 13   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Various   Various
9.01   Walgreens -  Fairfield   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   14,490
9.02   Walgreens - Panama City   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Walgreens   14,820
9.03   Hobby Lobby - Franklin   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Hobby Lobby   53,000
9.04   CVS Pharmacy - Gadsden   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   CVS Pharmacy   11,945
9.05   Tractor Supply - Chillicothe   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Tractor Supply   18,946
9.06   Advance Auto Parts - Houston   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Advance Auto Parts   6,889
9.07   Family Dollar - Plainville   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Family Dollar   9,219
9.08   Napa Auto Parts - Madison   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Napa Auto Parts   7,800
9.09   Dollar General - Knoxville (Circle Oak)   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,100
9.10   Family Dollar - Lafayette (Pinhook)   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Family Dollar   8,481
9.11   Dollar General - Dothan   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,026
9.12   Family Dollar - Lafayette (Congress)   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Family Dollar   8,320
9.13   Dollar General - Superior   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,493
9.14   Dollar General - Knoxville (Elm)   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,100
9.15   Family Dollar - Scott   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Family Dollar   8,532
9.16   Sherwin Williams - Arlington   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Sherwin Williams   6,000
9.17   Sherwin Williams - Shreveport   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Sherwin Williams   6,000
9.18   Sherwin Williams - Sherman   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Sherwin Williams   7,080
9.19   Dollar General - Walbridge   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Dollar General   9,014
9.20   Sherwin Williams - Naples   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Sherwin Williams   5,800
10   Sheraton Towson Baltimore North   0   1,955,056   127   83   Actual 2014   12,573,201   10,747,822   1,825,379   0   1,825,379   121   84   N        
11   Houston Industrial Portfolio   0   2,276,521           Actual 2014   2,959,123   973,628   1,985,494   0   1,985,494           N   Various   Various
11.01   Emmott Business Center   0   827,022           Actual 2014   998,168   344,727   653,442   0   653,442           N   Pyramid Graphics   12,000
11.02   Eldridge Business Center   0   527,525           Actual 2014   743,778   249,720   494,058   0   494,058           N   Texas Stud Weld Inc.   8,750
11.03   West Belt Business Center   0   490,546           Actual 2014   668,994   226,825   442,169   0   442,169           N   Frontier Services Group, LLC   6,780
11.04   Winkler Berrybrook   0   198,235           Actual 2014   241,071   84,026   157,045   0   157,045           N   West Texas Cooling Tower Fabrication and Supplies, Inc.   13,300
11.05   Aldine Westfield   0   138,879           Actual 2014   183,944   31,582   152,362   0   152,362           N   Amega West Services, LLC   33,185
11.06   Keough Business Center   0   94,314           Actual 2014   123,166   36,748   86,418   0   86,418           N   Fire Water Services   5,590
12   Central Park Retail   0   7,303,906           Actual 2014   8,922,373   1,526,796   7,395,577   0   7,395,577           N   Hobby Lobby Stores   53,459
13   Archdale Marketplace   0   1,619,871           Actual 2014   1,791,647   452,963   1,338,684   0   1,338,684           N   Food Lion   35,600
14   DoubleTree Dallas Near the Galleria   0   2,492,005   88   69   Actual 2014   9,952,268   7,956,351   1,995,917   0   1,995,917   83   61   N        
15   Tully Business Center   0   1,324,071           Actual 2014   2,125,593   913,098   1,212,495   0   1,212,495           N   Asian American Recovery Services, Inc   7,872
16   Spanish Fort Town Center Apartments   0   1,247,143           Actual 2014   1,987,808   821,008   1,166,800   0   1,166,800           N        
17   Alliance International   0   1,574,415           Actual 2014   2,581,514   1,200,190   1,381,324   0   1,381,324           N   Lincare, Inc.   13,096
18   Gas Company Tower & World Trade Center Parking Garage   0   20,834,820           Actual 2014   37,477,863   19,964,921   17,512,942   0   17,512,942           N   Southern California Gas Co.   469,078
19   2375 Anselmo Drive   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Alvord Unified School District   67,712
20   Consumer Square West   0   1,485,321           Actual 2014   1,903,126   764,222   1,138,904   0   1,138,904           N   Kroger   64,587
21   Northtowne Meadows   0   1,078,097           Actual 2014   1,802,703   736,610   1,066,094   0   1,066,094           N        
22   Central Self Storage - Daly City, CA   0   1,150,530           Actual 2014   1,655,070   626,596   1,028,474   0   1,028,474           N        
23   Shoppes at Kendall   0   1,073,383           Actual 2014   394,931   213,951   180,980   0   180,980           N   CAC-Florida Medical   15,185
24   Firelands and Midtown Manor MHP   0   913,564           Actual 2014   1,325,970   696,871   629,099   0   629,099           Y        
24.01   Midtown Manor MHP   0   517,529           Actual 2014   776,565   422,633   353,932   0   353,932           Y        
24.02   Firelands Manor MHP   0   396,034           Actual 2014   549,406   274,238   275,167   0   275,167           Y        
25   Holiday Inn Express & Suites Cooperstown   0   1,208,675   173   98   Actual 2014   2,561,637   1,562,533   999,104   0   999,104   154   93   N        
26   61 Inverness   0   518,884           Actual 2014   1,036,480   652,090   384,390   0   384,390           N   Jeppesen Sanderson, Inc.   40,043
27   Shoreview Apartments   0   899,231           Actual 2014   1,401,925   579,453   822,472   0   822,472           N        
28   One & Two Corporate Plaza   0   3,813,875           Actual 2014   5,176,778   2,725,911   2,450,867   0   2,450,867           N   Lockheed Martin   40,742
29   New Albany Office Building   0   617,340           Actual 2014   1,379,926   693,771   686,154   0   686,154           N   HealthSCOPE Benefits   53,491
30   Paradise Ranch MHP   0   637,857           Actual 2014   967,202   392,322   574,880   0   574,880           N        
31   Pacific Rancho Business Park   0   671,965           Actual 2014   754,927   188,431   566,496   0   566,496           N   Grace Church   18,589
32   Comfort Suites Waco   0   832,563   97   62   Actual 2014   1,920,405   1,146,815   773,590   76,816   696,774   88   55   N        
33   Century Theater - NextGen   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   Cinemark USA, Inc.   43,325
34   Chicago Northside Storage   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N        
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.                                                            
36   Village at Fairplain   0   653,973           Actual 2014   984,050   293,734   690,317   0   690,317           N        
37   Hampton Inn Richmond Hill   0   827,385   105   83   Actual 2014   1,799,206   1,067,686   731,520   0   731,520   99   76   N        
38   4119 Syracuse Holding (Camillus Plaza)   0   539,310           Actual 2014   808,655   303,084   505,572   0   505,572           N   Rite Aid Store #10765   15,789
39   Holiday Inn Express & Suites Marysville   77,703   565,919   103   73   Actual 2014   1,650,233   1,228,140   422,094   66,020   356,074   100   63   N        
40   Lock Ur Own Self Storage   0   487,191           Actual 2014   753,262   306,790   446,472   0   446,472           N        
41   Bella Vista Pointe Apartments   0   549,373           Actual 2014   908,979   612,107   296,872   0   296,872           N        
42   Country Aire MHP   16,000   412,398           Actual 2014   396,321   117,541   278,780   0   278,780           Y        
43   CVS Duluth   NAV   NAV           NAV   NAV   NAV   NAV   NAV   NAV           N   CVS Pharmacy   13,499
44   Comfort Inn & Suites Market Center Dallas   57,441   451,590   79   62   Actual 2014   1,235,351   828,440   406,911   49,414   357,496   73   54   N        
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.                                                            
46   Sun Lake Estates MHP   0   569,375           Actual 2014   662,224   132,814   529,410   0   529,410           N        
47   Moore Self Storage   0   331,316           Actual 2014   370,548   116,674   253,874   0   253,874           N        
48   Best Western - Westgate   0   767,853   74   41   Actual 2014   1,568,288   901,443   666,846   0   666,846   74   41   N        
49   Courthouse Square   0   372,486           Actual 2014   522,075   117,810   404,265   0   404,265           N   Stafford County Utilities   6,750
50   Pokegama Mobile Home & R.V. Park   0   496,021           Actual 2014   1,029,168   479,875   549,293   0   549,293           N        
51   Compton Owners Corp.                                                            
52   Arlington Heights Self Storage   0   410,814           Actual 2014   765,831   371,406   394,425   0   394,425           N        
53   Western Village MHP   0   280,056           8 Months Annualized 12/31/2014   443,382   237,117   206,265   0   206,265           N        
54   7350 S Phillips Avenue   0   322,585           Actual 2014   572,536   237,893   334,643   22,500   312,143           N        
55   Guardian Self Storage San Antonio   0   443,533           Actual 2014   714,780   252,604   462,177   0   462,177           N        
56   Northgate III   0   336,190           Actual 2014   501,543   214,262   287,281   0   287,281           N   Superclean Service Company   14,781
57   Broadview Heights Self Storage   0   320,441           Actual 2014   435,501   176,130   259,371   0   259,371           N        
58   Pleasant Ridge   0   295,612           Actual 2014   562,457   288,585   273,872   0   273,872           N        
59   Bayview Owners Corp.                                                            
60   Royal Oaks MHC   0   287,767           NAV   NAV   NAV   NAV   NAV   NAV           N        
61   Big Oaks Self Storage & Retail   6,127   329,335           Actual 2014   523,782   211,623   312,159   0   312,159           N   United States Post Office   2,880
62   Mohegan Village Owners, Inc.                                                            
63   Belle Grove MHP   0   228,881           Actual 2014   405,071   165,927   239,144   0   239,144           N        
64   Fleetwood Hills Apartments, Inc.                                                            
65   All American Storage DeSoto   54,390   191,610           NAV   NAV   NAV   NAV   NAV   NAV           N        
66   Southwood Village Retail Center   0   228,690           Actual 2014   289,110   101,457   187,653   0   187,653           N   Food Lion   29,000
67   Newtown Self Storage   0   259,804           Actual 2014   414,338   146,621   267,717   0   267,717           N        
68   Campus Plaza - MI   0   366,357           Actual 2014   473,309   123,904   349,405   0   349,405           N   Olga’s Kitchen   4,964
69   80-82 Charles St. Owners Corp.                                                            
70   Aloha Estates MHP   0   149,938           NAV   NAV   NAV   NAV   NAV   NAV           N        
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.                                                            
72   13912 Owners Corp.                                                            
73   Friendly Village Mobile Estates   0   95,391           Actual 2014   229,279   150,007   79,272   0   79,272           N        

 

A-1-6 

 

 

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

 

Mortgage Loan Number   Property Name   Largest
Tenant % of NRA
  Largest Tenant Exp. Date   2nd Largest Tenant Name(7)(8)(9)(10)   2nd Largest Tenant Sq. Ft.   2nd Largest
Tenant
% of NRA
  2nd Largest Tenant Exp. Date   3rd Largest Tenant Name(7)(8)(9)   3rd Largest Tenant Sq. Ft.   3rd Largest
Tenant
% of NRA
  3rd Largest Tenant Exp. Date   4th Largest Tenant Name(3)(7)(8)(10)(11)   4th Largest Tenant Sq. Ft.   4th Largest
Tenant
% of NRA
  4th Largest Tenant Exp. Date
1   Gurnee Mills   12.0%   4/30/2019   Bass Pro Shops Outdoor   137,201   8.1%   8/31/2018   Macy’s   130,000   7.7%   1/31/2039   Kohl’s   111,675   6.6%   9/2/2024
2   101 Hudson Street   28.9%   3/31/2027   National Union Fire Insurance   271,533   20.2%   4/30/2018   Tullett Prebon Holdings Corp.   100,909   7.5%   11/30/2023   Jeffries LLC   62,763   4.7%   6/30/2023
3   Plaza America I & II   14.2%   2/28/2024   NVR, Inc.   61,113   11.9%   4/30/2026   Federal Network Systems   22,631   4.4%   8/31/2024   Veris Consulting   22,303   4.3%   5/31/2020
4   North Isle Village, Inc.                                                        
5   Easton Town Center   10.3%   12/31/2029   HH Gregg   37,413   2.9%   1/31/2021   Barnes & Noble   34,991   2.7%   8/31/2019   Fahlgren   34,644   2.7%   6/30/2018
6   Conrad Indianapolis                                                        
7   Mall at Turtle Creek   7.9%   1/31/2021   Bed, Bath & Beyond   25,000   7.6%   1/31/2022   Best Buy   21,500   6.5%   1/31/2020   H&M   20,000   6.1%   10/31/2026
8   Home2 Suites - Long Island City                                                        
9   ExchangeRight Net Leased Portfolio 13   Various   Various                                                
9.01   Walgreens -  Fairfield   100.0%   12/31/2027                                                
9.02   Walgreens - Panama City   100.0%   5/31/2031                                                
9.03   Hobby Lobby - Franklin   100.0%   3/31/2026                                                
9.04   CVS Pharmacy - Gadsden   100.0%   1/31/2034                                                
9.05   Tractor Supply - Chillicothe   100.0%   12/31/2026                                                
9.06   Advance Auto Parts - Houston   100.0%   12/31/2030                                                
9.07   Family Dollar - Plainville   100.0%   6/30/2030                                                
9.08   Napa Auto Parts - Madison   100.0%   7/31/2036                                                
9.09   Dollar General - Knoxville (Circle Oak)   100.0%   4/30/2031                                                
9.10   Family Dollar - Lafayette (Pinhook)   100.0%   3/31/2031                                                
9.11   Dollar General - Dothan   100.0%   7/31/2031                                                
9.12   Family Dollar - Lafayette (Congress)   100.0%   6/30/2031                                                
9.13   Dollar General - Superior   100.0%   10/31/2028                                                
9.14   Dollar General - Knoxville (Elm)   100.0%   7/31/2031                                                
9.15   Family Dollar - Scott   100.0%   6/30/2031                                                
9.16   Sherwin Williams - Arlington   100.0%   10/31/2026                                                
9.17   Sherwin Williams - Shreveport   100.0%   7/31/2026                                                
9.18   Sherwin Williams - Sherman   100.0%   5/31/2026                                                
9.19   Dollar General - Walbridge   100.0%   7/31/2025                                                
9.20   Sherwin Williams - Naples   100.0%   3/31/2026                                                
10   Sheraton Towson Baltimore North                                                        
11   Houston Industrial Portfolio   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various   Various
11.01   Emmott Business Center   7.2%   3/31/2017   Metal Oxide Technologies, Inc.   11,400   6.8%   6/30/2017   Ranco Aire, Inc.   9,000   5.4%   2/28/2018   Lincare Inc.   8,220   4.9%   2/28/2018
11.02   Eldridge Business Center   8.8%   6/30/2019   First Class Machine Services   5,500   5.5%   1/31/2018   Royal Insulated Glass Inc.   5,500   5.5%   5/31/2019   1 Priority Environmental Services, Inc.   3,000   3.0%   3/31/2017
11.03   West Belt Business Center   7.0%   10/31/2018   Tool & Fastener Supply, L.P.   6,000   6.2%   7/31/2017   Ultimate Hydroponic Garden Supply, LLC   3,780   3.9%   10/31/2018   Champions Power Products INC   3,250   3.3%   7/31/2017
11.04   Winkler Berrybrook   30.9%   MTM   Lion Apparel Inc.   12,000   27.8%   6/30/2017   Everyday Country Co.   5,400   12.5%   7/31/2021   Reliable Energy Solutions   4,200   9.7%   10/31/2017
11.05   Aldine Westfield   100.0%   12/31/2018                                                
11.06   Keough Business Center   28.5%   1/30/2020   Econocuts   2,795   14.2%   1/31/2017   Steady Rolling Automotive   2,795   14.2%   7/31/2019   Texas Journey Construction   1,885   9.6%   4/30/2019
12   Central Park Retail   12.1%   10/31/2021   Office Depot   29,887   6.8%   12/31/2017   Sports & Health   29,000   6.6%   12/31/2020   Skyzone   20,930   4.7%   11/30/2026
13   Archdale Marketplace   19.8%   12/7/2018   Fallas   24,945   13.9%   4/30/2020   Badcock Home Furniture & More   20,116   11.2%   2/28/2025   Planet Fitness   18,811   10.5%   11/30/2024
14   DoubleTree Dallas Near the Galleria                                                        
15   Tully Business Center   5.5%   9/30/2019   Zinwave   5,184   3.6%   9/30/2018   Phu Nguyen   4,578   3.2%   10/31/2022   Design Heating & Air   4,526   3.1%   4/30/2018
16   Spanish Fort Town Center Apartments                                                        
17   Alliance International   5.5%   7/31/2020   Medusind Solutions of Florida, Inc.   11,936   5.0%   1/31/2023   Collins Catering & Events, LLC   8,898   3.7%   1/31/2019   Riegl USA, Inc.   8,160   3.4%   4/30/2018
18   Gas Company Tower & World Trade Center Parking Garage   34.2%   10/31/2026   Sidley Austin   164,674   12.0%   12/31/2023   Deloitte   112,028   8.2%   1/31/2031   Latham & Watkins   97,218   7.1%   12/31/2020
19   2375 Anselmo Drive   90.8%   9/30/2030   KPC Global Management, LLC   6,857   9.2%   12/31/2028                                
20   Consumer Square West   29.6%   4/30/2021   Bargain Hunt   23,253   10.7%   9/30/2023   Planet Fitness   20,582   9.4%   2/28/2026   Rainbow   13,000   6.0%   1/31/2021
21   Northtowne Meadows                                                        
22   Central Self Storage - Daly City, CA                                                        
23   Shoppes at Kendall   31.6%   9/30/2024   JVL Alvardo, LLC   11,013   22.9%   10/31/2029   Vitafoods Enterprise   5,980   12.4%   6/30/2024   Hatem Brothers, Inc.   4,391   9.1%   12/31/2024
24   Firelands and Midtown Manor MHP                                                        
24.01   Midtown Manor MHP                                                        
24.02   Firelands Manor MHP                                                        
25   Holiday Inn Express & Suites Cooperstown                                                        
26   61 Inverness   46.6%   4/30/2021   JAB Wireless Inc.   13,568   15.8%   12/31/2020   Computer & Comm Tech.   12,136   14.1%   1/31/2018   Centura Health Corporation   8,141   9.5%   6/30/2017
27   Shoreview Apartments                                                        
28   One & Two Corporate Plaza   14.8%   4/30/2020   Kuraray, Inc.   27,676   10.0%   1/31/2022   Flow-Cal, Inc.   20,127   7.3%   4/30/2021   USA - Federal Aviation Admin.   17,958   6.5%   12/31/2017
29   New Albany Office Building   64.6%   10/31/2023   White Oak Partners   16,107   19.4%   3/31/2022   Mount Vernon Nazarene University   13,255   16.0%   6/30/2020                
30   Paradise Ranch MHP                                                        
31   Pacific Rancho Business Park   22.2%   4/1/2025   TV Ears   10,975   13.1%   2/28/2018   Super-Krete   10,574   12.6%   12/31/2017   Eastern Penn   10,470   12.5%   12/31/2018
32   Comfort Suites Waco                                                        
33   Century Theater - NextGen   100.0%   1/31/2031                                                
34   Chicago Northside Storage                                                        
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.                                                        
36   Village at Fairplain                                                        
37   Hampton Inn Richmond Hill                                                        
38   4119 Syracuse Holding (Camillus Plaza)   24.4%   8/31/2021   The Fun Warehouse   10,568   16.3%   8/31/2018   Champions Martial Arts I   7,032   10.9%   5/31/2026   Solvay Bank   4,700   7.3%   11/30/2016
39   Holiday Inn Express & Suites Marysville                                                        
40   Lock Ur Own Self Storage                                                        
41   Bella Vista Pointe Apartments                                                        
42   Country Aire MHP                                                        
43   CVS Duluth   100.0%   1/31/2041                                                
44   Comfort Inn & Suites Market Center Dallas                                                        
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.                                                        
46   Sun Lake Estates MHP                                                        
47   Moore Self Storage                                                        
48   Best Western - Westgate                                                        
49   Courthouse Square   25.2%   4/30/2017   Stafford County Code Compliance   4,500   16.8%   6/30/2021   Insight Psychological Services, PLLC   3,258   12.2%   3/31/2019   Furlong & Drewniak PLLC   2,250   8.4%   12/31/2020
50   Pokegama Mobile Home & R.V. Park                                                        
51   Compton Owners Corp.                                                        
52   Arlington Heights Self Storage                                                        
53   Western Village MHP                                                        
54   7350 S Phillips Avenue                                                        
55   Guardian Self Storage San Antonio                                                        
56   Northgate III   15.5%   7/31/2019   Telecom Technicians   14,680   15.4%   10/31/2020   Shalem Medical Supplies, Inc (dba Texas Star HMES)   11,646   12.2%   7/7/2018   Collins Indoor Air Solutions   7,811   8.2%   12/31/2017
57   Broadview Heights Self Storage                                                        
58   Pleasant Ridge                                                        
59   Bayview Owners Corp.                                                        
60   Royal Oaks MHC                                                        
61   Big Oaks Self Storage & Retail   3.0%   11/1/2020   Country Kitchen   2,250   2.4%   MTM   Smoke on the Water   2,000   2.1%   MTM   Laundromat   1,350   1.4%   9/14/2021
62   Mohegan Village Owners, Inc.                                                        
63   Belle Grove MHP                                                        
64   Fleetwood Hills Apartments, Inc.                                                        
65   All American Storage DeSoto                                                        
66   Southwood Village Retail Center   64.1%   3/31/2026   Musical Depot   8,450   18.7%   4/30/2020   Freeman’s Bakery   3,200   7.1%   5/31/2020   Little China Restaurant   1,600   3.5%   2/28/2025
67   Newtown Self Storage                                                        
68   Campus Plaza - MI   12.7%   4/30/2025   American Starz Pizza Buffet   4,200   10.8%   7/31/2021   Parrotzville   3,600   9.2%   3/31/2018   Bookmark Inc. of Warren   3,370   8.6%   7/31/2018
69   80-82 Charles St. Owners Corp.                                                        
70   Aloha Estates MHP                                                        
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.                                                        
72   13912 Owners Corp.                                                        
73   Friendly Village Mobile Estates                                                        

 

A-1-7 

 

 

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

 

Mortgage Loan Number   Property Name   5th Largest Tenant Name(7)(8)(11)   5th Largest Tenant Sq. Ft.   5th Largest
Tenant
% of NRA
  5th Largest Tenant Exp. Date   Engineering Report Date   Environmental Report Date (Phase I)   Environmental Report Date (Phase II)   Seismic Report Date   Seismic PML %   Seismic Insurance Required (Y/N)   Terrorism Insurance (Y/N)   Loan Purpose   Engineering Escrow / Deferred Maintenance ($)   Tax Escrow (Initial)   Monthly Tax Escrow ($)   Tax Escrow - Cash or LoC   Tax Escrow - LoC Counterparty
1   Gurnee Mills   Floor and Décor   105,248   6.3%   9/30/2026   8/26/2016   8/26/2016               N   Y   Refinance   0   0   Springing        
2   101 Hudson Street   First Data Corporation   54,669   4.1%   5/31/2026   8/26/2016   8/30/2016               N   Y   Refinance   104,000   0   Springing        
3   Plaza America I & II   Metro Offices   22,303   4.3%   2/28/2021   6/15/2016   6/15/2016               N   Y   Refinance   0   166,997   166,997   Cash    
4   North Isle Village, Inc.                   6/17/2016   6/15/2016               N   Y   Refinance   0   936,413   133,773   Cash    
5   Easton Town Center   KDB   34,457   2.6%   7/31/2024   7/12/2016   7/14/2016               N   Y   Refinance   0   0   Springing        
6   Conrad Indianapolis                   8/10/2016   8/10/2016               N   Y   Refinance   0   0   97,100   Cash    
7   Mall at Turtle Creek   Shoe Dept Encore   13,319   4.0%   10/31/2023   4/12/2016   4/12/2016       4/12/2016   8.0%   N   Y   Refinance   0   443,810   49,312   Cash    
8   Home2 Suites - Long Island City                   11/5/2015   10/30/2015               N   Y   Refinance   34,375   69,269   13,854   Cash    
9   ExchangeRight Net Leased Portfolio 13                   Various   Various               N   Various   Acquisition   95,243   78,724   21,553   Cash    
9.01   Walgreens -  Fairfield                   8/5/2016   8/1/2016               N   Y                        
9.02   Walgreens - Panama City                   8/12/2016   8/12/2016               N   Y                        
9.03   Hobby Lobby - Franklin                   8/4/2016   8/4/2016               N   Y                        
9.04   CVS Pharmacy - Gadsden                   8/5/2016   8/5/2016               N   Y                        
9.05   Tractor Supply - Chillicothe                   6/30/2016   6/30/2016               N   Y                        
9.06   Advance Auto Parts - Houston                   8/11/2016   8/12/2016               N   N                        
9.07   Family Dollar - Plainville                   8/29/2016   8/30/2016               N   Y                        
9.08   Napa Auto Parts - Madison                   8/12/2016   6/7/2016               N   Y                        
9.09   Dollar General - Knoxville (Circle Oak)                   7/6/2016   7/8/2016               N   Y                        
9.10   Family Dollar - Lafayette (Pinhook)                   4/29/2016   3/28/2016               N   Y                        
9.11   Dollar General - Dothan                   7/22/2016   7/22/2016               N   Y                        
9.12   Family Dollar - Lafayette (Congress)                   4/29/2016   3/21/2016               N   Y                        
9.13   Dollar General - Superior                   2/8/2016   2/11/2016               N   Y                        
9.14   Dollar General - Knoxville (Elm)                   8/11/2016   7/8/2016               N   Y                        
9.15   Family Dollar - Scott                   4/29/2016   3/28/2016               N   Y                        
9.16   Sherwin Williams - Arlington                   8/3/2016   8/3/2016               N   Y                        
9.17   Sherwin Williams - Shreveport                   8/5/2016   8/5/2016               N   Y                        
9.18   Sherwin Williams - Sherman                   8/4/2016   8/4/2016               N   Y                        
9.19   Dollar General - Walbridge                   8/1/2016   8/2/2016               N   Y                        
9.20   Sherwin Williams - Naples                   8/5/2016   8/5/2016               N   Y                        
10   Sheraton Towson Baltimore North                   7/8/2016   7/13/2016               N   Y   Refinance   25,375   0   29,117   Cash    
11   Houston Industrial Portfolio   Various   Various   Various   Various   Various   Various               N   Various   Refinance   47,813   392,591   48,621   Cash    
11.01   Emmott Business Center   Punum Roofing of Houston, Inc.   7,200   4.3%   1/31/2019   7/26/2016   7/26/2016               N   Y                        
11.02   Eldridge Business Center   A + Transmissions, Inc.   3,000   3.0%   7/31/2017   7/22/2016   7/26/2016               N   Y                        
11.03   West Belt Business Center   Reality of God Church Inc.   3,250   3.3%   7/31/2017   7/26/2016   7/26/2016               N   Y                        
11.04   Winkler Berrybrook   Rolling High   4,100   9.5%   6/30/2017   7/27/2016   7/27/2016               N   Y                        
11.05   Aldine Westfield                   7/26/2016   7/26/2016               N   Y                        
11.06   Keough Business Center   Everitt Nunez Enterprises LLC   1,885   9.6%   11/30/2019   7/26/2016   7/26/2016               N   Y                        
12   Central Park Retail   Furniture Gallery   18,700   4.2%   2/28/2026   6/8/2016   6/8/2016               N   Y   Refinance   0   278,383   55,677   Cash    
13   Archdale Marketplace   Citi Trends   16,425   9.1%   4/30/2020   8/25/2016   8/26/2016               N   Y   Refinance   0   0   16,099   Cash    
14   DoubleTree Dallas Near the Galleria                   8/17/2016   8/17/2016               N   Y   Refinance   0   324,611   32,461   Cash    
15   Tully Business Center   Thermo Cool   4,320   3.0%   5/31/2019   1/29/2016   2/5/2016       2/1/2016   20.0%   N   Y   Refinance   0   161,340   26,204   Cash    
16   Spanish Fort Town Center Apartments                   8/15/2016   8/15/2016               N   Y   Refinance   2,250   123,948   11,268   Cash    
17   Alliance International   Destination Church of Orlando, Inc.   5,788   2.4%   MTM   3/10/2016   3/9/2016               N   Y   Refinance   563   163,393   27,232   Cash    
18   Gas Company Tower & World Trade Center Parking Garage   WeWork   92,493   6.7%   7/31/2033   6/27/2016   6/28/2016       6/27/2016   16.0%   N   Y   Refinance   0   2,822,545   564,509   Cash    
19   2375 Anselmo Drive                   7/14/2016   7/14/2016       7/14/2016   13.0%   N   Y   Recapitalization   0   0   11,566   Cash    
20   Consumer Square West   Shoe Show Inc   11,877   5.4%   7/31/2020   9/28/2016   9/28/2016               N   Y   Refinance   234,600   93,823   17,871   Cash    
21   Northtowne Meadows                   7/26/2016   7/26/2016               N   Y   Refinance   0   30,183   4,791   Cash    
22   Central Self Storage - Daly City, CA                   4/22/2016   4/19/2016       4/19/2016   14.0%   N   Y   Refinance   0   178,980   17,898   Cash    
23   Shoppes at Kendall   Senses of West Kenda   2,228   4.6%   8/31/2019   7/6/2016   7/6/2016               N   Y   Acquisition   0   81,834   13,639   Cash    
24   Firelands and Midtown Manor MHP                   7/7/2016   7/7/2016               N   Y   Refinance   192,226   24,304   6,076   Cash    
24.01   Midtown Manor MHP                   7/7/2016   7/7/2016               N   Y                        
24.02   Firelands Manor MHP                   7/7/2016   7/7/2016               N   Y                        
25   Holiday Inn Express & Suites Cooperstown                   8/15/2016   8/15/2016               N   Y   Refinance   0   0   7,681   Cash    
26   61 Inverness   TST Infrastructure, LLC   4,500   5.2%   9/30/2019   4/11/2016   3/21/2016               N   Y   Refinance   8,375   26,661   13,331   Cash    
27   Shoreview Apartments                   9/2/2016   9/2/2016               N   Y   Refinance   0   64,865   12,973   Cash    
28   One & Two Corporate Plaza   Tetra Tech (sublease to BL Harbert Intl)   9,273   3.4%   9/30/2017   7/21/2016   7/25/2016               N   Y   Refinance   12,813   789,921   83,590   Cash    
29   New Albany Office Building                   7/18/2016   7/18/2016               N   Y   Acquisition   29,688   66,811   15,907   Cash    
30   Paradise Ranch MHP                   7/27/2016   7/27/2016       9/29/2016   16.0%   N   Y   Refinance   21,700   5,750   1,917   Cash    
31   Pacific Rancho Business Park   J&M Keystone   9,100   10.9%   2/28/2018   8/25/2016   8/24/2016       8/24/2016   7.0%   N   Y   Refinance   0   0   8,299   Cash    
32   Comfort Suites Waco                   8/4/2016   8/4/2016               N   Y   Refinance   6,875   142,873   14,287   Cash    
33   Century Theater - NextGen                   11/12/2015   11/12/2015       11/12/2015   11.0%   N   Y   Acquisition   0   0   Springing        
34   Chicago Northside Storage                   8/18/2016   8/18/2016               N   Y   Refinance   11,625   43,618   14,539   Cash    
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.                   8/30/2016   8/30/2016               N   Y   Refinance   0   56,250   56,250   Cash    
36   Village at Fairplain                   4/29/2016   4/29/2016               N   Y   Refinance   94,726   6,250   6,250   Cash    
37   Hampton Inn Richmond Hill                   8/12/2016   8/12/2016               N   Y   Refinance   0   0   2,613   Cash    
38   4119 Syracuse Holding (Camillus Plaza)   Empire Vision Center, Inc.   4,200   6.5%   8/31/2019   8/18/2016   8/18/2016               N   Y   Refinance   297,225   48,248   16,083   Cash    
39   Holiday Inn Express & Suites Marysville                   8/19/2016   8/19/2016               N   Y   Refinance   0   27,676   6,589   Cash    
40   Lock Ur Own Self Storage                   6/17/2016   6/17/2016               N   Y   Refinance   0   12,399   6,200   Cash    
41   Bella Vista Pointe Apartments                   6/23/2016   6/24/2016               N   Y   Refinance   10,224   63,816   7,597   Cash    
42   Country Aire MHP                   9/2/2016   9/30/2016               N   Y   Refinance   75,250   4,500   450   Cash    
43   CVS Duluth                   8/24/2016   8/25/2016               N   Y   Acquisition   0   0   Springing        
44   Comfort Inn & Suites Market Center Dallas                   9/15/2016   4/29/2016               N   Y   Refinance   0   66,500   6,333   Cash    
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.                   4/14/2016   4/7/2016               N   Y   Refinance   0   200,808   25,101   Cash    
46   Sun Lake Estates MHP                   6/15/2016   6/15/2016               N   Y   Refinance   103,900   11,588   1,159   Cash    
47   Moore Self Storage                   7/7/2016   7/14/2016               N   Y   Acquisition   0   42,738   4,070   Cash    
48   Best Western - Westgate                   9/21/2016   7/15/2015               N   Y   Refinance   13,875   20,035   6,925   Cash    
49   Courthouse Square   Pediatric Partners for Attention and Learning   2,250   8.4%   4/30/2018   8/16/2016   8/18/2016               N   Y   Refinance   0   17,000   3,238   Cash    
50   Pokegama Mobile Home & R.V. Park                   2/8/2016   2/9/2016   4/22/2016           N   Y   Refinance   23,625   42,015   3,501   Cash    
51   Compton Owners Corp.                   7/27/2016   7/26/2016               N   Y   Refinance   0   0   Springing        
52   Arlington Heights Self Storage                   7/20/2016   7/20/2016               N   Y   Acquisition   8,063   71,303   22,636   Cash    
53   Western Village MHP                   9/5/2016   9/6/2016       9/6/2016   9.0%   N   Y   Refinance   3,063   39,126   4,347   Cash    
54   7350 S Phillips Avenue                   8/4/2016   8/3/2016               N   Y   Refinance   11,688   16,565   5,522   Cash    
55   Guardian Self Storage San Antonio                   7/12/2016   7/12/2016               N   Y   Refinance   4,350   176,232   17,623   Cash    
56   Northgate III   RIE RIE, Inc. (Unrefined Bakery)   7,656   8.0%   7/31/2021   8/30/2016   7/18/2016               N   Y   Acquisition   0   86,620   8,662   Cash    
57   Broadview Heights Self Storage                   8/15/2016   8/15/2016               N   Y   Acquisition   0   22,582   7,169   Cash    
58   Pleasant Ridge                   7/22/2016   7/22/2016               N   Y   Refinance   0   3,046   3,046   Cash    
59   Bayview Owners Corp.                   7/28/2016   7/28/2016               N   Y   Refinance   0   41,122   20,561   Cash    
60   Royal Oaks MHC                   6/1/2016   6/1/2016               N   Y   Acquisition   28,594   18,094   2,154   Cash    
61   Big Oaks Self Storage & Retail   Gold Circle Realty   1,250   1.3%   10/1/2016   8/18/2016   7/26/2016       8/22/2016   13.0%   N   Y   Acquisition   14,525   45,818   3,818   Cash    
62   Mohegan Village Owners, Inc.                   7/15/2016   7/14/2016               N   Y   Refinance   0   0   Springing        
63   Belle Grove MHP                   8/15/2016   8/15/2016               N   Y   Refinance   0   36,570   3,325   Cash    
64   Fleetwood Hills Apartments, Inc.                   9/8/2016   9/7/2016               N   Y   Refinance   0   0   Springing        
65   All American Storage DeSoto                   9/6/2016   9/6/2016               N   Y   Refinance   64,750   37,864   4,207   Cash    
66   Southwood Village Retail Center   Shaun Smith ABC   1,600   3.5%   1/31/2021   2/22/2016   2/22/2016               N   Y   Refinance   0   11,250   3,750   Cash    
67   Newtown Self Storage                   8/29/2016   8/29/2016               N   Y   Refinance   6,188   13,712   3,428   Cash    
68   Campus Plaza - MI   Kabob Lebanese Restaurant   2,570   6.6%   6/30/2021   8/8/2016   8/8/2016               N   Y   Refinance   0   16,779   5,593   Cash    
69   80-82 Charles St. Owners Corp.                   9/2/2016   9/6/2016               N   Y   Refinance   0   0   Springing        
70   Aloha Estates MHP                   5/24/2016   5/24/2016               N   Y   Refinance   7,875   18,442   2,305   Cash    
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.                   9/1/2016   9/1/2016               N   Y   Refinance   0   0   Springing        
72   13912 Owners Corp.                   6/14/2016   6/14/2016               N   Y   Refinance   0   0   Springing        
73   Friendly Village Mobile Estates                   9/13/2016   9/13/2016               N   Y   Refinance   0   7,151   1,430   Cash    

 

A-1-8 

 

 

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

 

Mortgage Loan Number   Property Name   Insurance Escrow (Initial)   Monthly Insurance Escrow ($)   Insurance Escrow - Cash or LoC   Insurance Escrow - LoC Counterparty   Upfront Replacement Reserve ($)   Monthly Replacement Reserve ($)(12)   Replacement Reserve Cap ($)   Replacement Reserve Escrow - Cash or LoC   Replacement Reserve Escrow - LoC Counterparty   Upfront TI/LC Reserve ($)   Monthly TI/LC Reserve ($)   TI/LC Reserve Cap ($)   TI/LC Escrow - Cash or LoC   TI/LC Escrow - LoC Counterparty   Debt Service Escrow (Initial) ($)   Debt Service Escrow (Monthly) ($)
1   Gurnee Mills   0   Springing           0   Springing   0           0   Springing   0           0   0
2   101 Hudson Street   0   Springing           0   Springing   0           0   Springing   0           0   0
3   Plaza America I & II   0   Springing           0   8,660   311,769   Cash       4,118,237   64,327   2,315,770   Cash       0   0
4   North Isle Village, Inc.   0   Springing           0   0   0           0   0   0           0   0
5   Easton Town Center   0   Springing           0   Springing   512,472           0   Springing   3,843,537           0   0
6   Conrad Indianapolis   0   Springing           0   Springing   0           0   0   0           0   0
7   Mall at Turtle Creek   0   Springing           0   6,862   82,350   Cash       0   41,175   988,194   Cash       0   0
8   Home2 Suites - Long Island City   54,649   6,072   Cash       0   21,923   789,237   Cash       0   0   0           0   0
9   ExchangeRight Net Leased Portfolio 13   0   Springing           0   1,440   0   Cash       0   Springing   0           0   0
9.01   Walgreens -  Fairfield                                                                
9.02   Walgreens - Panama City                                                                
9.03   Hobby Lobby - Franklin                                                                
9.04   CVS Pharmacy - Gadsden                                                                
9.05   Tractor Supply - Chillicothe                                                                
9.06   Advance Auto Parts - Houston                                                                
9.07   Family Dollar - Plainville                                                                
9.08   Napa Auto Parts - Madison                                                                
9.09   Dollar General - Knoxville (Circle Oak)                                                                
9.10   Family Dollar - Lafayette (Pinhook)                                                                
9.11   Dollar General - Dothan                                                                
9.12   Family Dollar - Lafayette (Congress)                                                                
9.13   Dollar General - Superior                                                                
9.14   Dollar General - Knoxville (Elm)                                                                
9.15   Family Dollar - Scott                                                                
9.16   Sherwin Williams - Arlington                                                                
9.17   Sherwin Williams - Shreveport                                                                
9.18   Sherwin Williams - Sherman                                                                
9.19   Dollar General - Walbridge                                                                
9.20   Sherwin Williams - Naples                                                                
10   Sheraton Towson Baltimore North   0   Springing           0   42,426   0   Cash       0   0   0           0   0
11   Houston Industrial Portfolio   0   Springing           0   4,293   0   Cash       800,000   13,402   1,200,000   Cash       0   0
11.01   Emmott Business Center                                                                
11.02   Eldridge Business Center                                                                
11.03   West Belt Business Center                                                                
11.04   Winkler Berrybrook                                                                
11.05   Aldine Westfield                                                                
11.06   Keough Business Center                                                                
12   Central Park Retail   0   Springing           0   11,807   0   Cash       0   36,898; Springing   1,328,340   Cash       0   0
13   Archdale Marketplace   0   Springing           340,000   2,248   0   Cash       500,000   7,492; Springing   359,622   Cash       0   0
14   DoubleTree Dallas Near the Galleria   70,521   11,753   Cash       0   See footnote (12)   1,450,000   Cash       0   0   0           0   0
15   Tully Business Center   0   Springing           0   1,799; Springing   43,176   Cash       0   11,153   260,000   Cash       0   0
16   Spanish Fort Town Center Apartments   18,901   9,450   Cash       4,500   4,500   0   Cash       0   0   0           0   0
17   Alliance International   118,011   10,728   Cash       0   5,162   0   Cash       1,055,860   14,891   893,464   Cash       0   0
18   Gas Company Tower & World Trade Center Parking Garage   0   Springing           71,744   35,872   0   Cash       21,033,588   171,541   0   Cash       0   0
19   2375 Anselmo Drive   0   3,056   Cash       0   1,243   0   Cash       0   Springing   0           0   0
20   Consumer Square West   14,969   1,782   Cash       0   2,728   98,193   Cash       857,410   9,092   0   Cash       0   0
21   Northtowne Meadows   4,744   1,506   Cash       0   1,608   0   Cash       0   0   0           0   0
22   Central Self Storage - Daly City, CA   21,460   2,146   Cash       0   892; Springing   21,408   Cash       0   0   0           0   0
23   Shoppes at Kendall   3,402   3,402   Cash       0   Springing   0           0   Springing   0           0   0
24   Firelands and Midtown Manor MHP   29,973   2,498   Cash       1,658   1,658   0   Cash       0   0   0           0   0
24.01   Midtown Manor MHP                                                                
24.02   Firelands Manor MHP                                                                
25   Holiday Inn Express & Suites Cooperstown   20,597   1,783   Cash       0   9,738   0   Cash       0   0   0           0   0
26   61 Inverness   1,222   1,222   Cash       2,107   2,107   0   Cash       5,450   5,450   261,597   Cash       0   0
27   Shoreview Apartments   0   Springing           0   Springing   0           0   0   0           0   0
28   One & Two Corporate Plaza   143,095   19,469   Cash       0   4,600   0   Cash       1,500,047   32,904   1,579,392   Cash       0   0
29   New Albany Office Building   1,656   789   Cash       0   1,381   0   Cash       0   $15,237.75 for the first 36 months; $6,904.42 thereafter   0   Cash       0   0
30   Paradise Ranch MHP   10,417   2,083   Cash       400,000   588   0   Cash       0   0   0           0   0
31   Pacific Rancho Business Park   0   Springing           0   976   0   Cash       0   5,227   250,911   Cash       0   0
32   Comfort Suites Waco   19,243   1,749   Cash       8,209   8,209   0   Cash       0   0   0           0   0
33   Century Theater - NextGen   0   Springing           100,000   Springing   0   Cash       92,122   Springing   0   Cash       0   0
34   Chicago Northside Storage   5,525   1,105   Cash       510   510   0   Cash       0   0   0           0   0
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   0   Springing           0   0   0           0   0   0           0   0
36   Village at Fairplain   60,860   5,072   Cash       4,450   4,450   0   Cash       0   0   0           0   0
37   Hampton Inn Richmond Hill   13,677   1,861   Cash       0   6,349   0   Cash       0   0   0           0   0
38   4119 Syracuse Holding (Camillus Plaza)   13,136   2,627   Cash       0   808   0   Cash       0   4,250   225,000   Cash       0   0
39   Holiday Inn Express & Suites Marysville   0   1,734   Cash       0   7,074   0   Cash       0   0   0           0   0
40   Lock Ur Own Self Storage   3,140   1,047   Cash       1,111   1,111   40,000   Cash       0   0   0           0   0
41   Bella Vista Pointe Apartments   9,973   4,749   Cash       0   4,700   0   Cash       0   0   0           0   0
42   Country Aire MHP   9,523   1,587   Cash       804   804   0   Cash       0   0   0           0   0
43   CVS Duluth   0   215   Cash       0   0   0           0   0   0           0   0
44   Comfort Inn & Suites Market Center Dallas   9,901   1,572   Cash       0   5,085   0   Cash       0   0   0           0   0
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   0   Springing           0   0   0           0   0   0           0   0
46   Sun Lake Estates MHP   11,890   1,189   Cash       954   954   0   Cash       0   0   0           0   0
47   Moore Self Storage   4,605   366   Cash       0   632   0   Cash       0   126   4,536   Cash       0   0
48   Best Western - Westgate   22,239   2,471   Cash       0   5,199   0   Cash       0   0   0           0   0
49   Courthouse Square   7,781   926   Cash       0   446   0   Cash       80,000   2,534   0   Cash       0   0
50   Pokegama Mobile Home & R.V. Park   31,403   2,617   Cash       1,404   1,404   0   Cash       0   0   0           0   0
51   Compton Owners Corp.   0   Springing           0   0   0           0   0   0           0   0
52   Arlington Heights Self Storage   5,725   496   Cash       0   473   0   Cash       0   0   0           0   0
53   Western Village MHP   6,734   1,122   Cash       952   952   0   Cash       0   0   0           0   0
54   7350 S Phillips Avenue   2,382   2,382   Cash       1,458   1,458   0   Cash       0   0   0           0   0
55   Guardian Self Storage San Antonio   2,613   871   Cash       732   732   26,349   Cash       0   0   0           0   0
56   Northgate III   0   Springing           42,842   1,190   42,842   Cash       50,000   3,659; Springing   50,000   Cash       0   0
57   Broadview Heights Self Storage   4,577   396   Cash       0   498   0   Cash       0   0   0           0   0
58   Pleasant Ridge   691   691   Cash       829   829   0   Cash       0   0   0           0   0
59   Bayview Owners Corp.   0   Springing           0   0   0           0   0   0           0   0
60   Royal Oaks MHC   0   Springing           0   424   0   Cash       0   0   0           0   0
61   Big Oaks Self Storage & Retail   1,771   1,771   Cash       1,238   1,238   0   Cash       1,600   1,600   50,000   Cash       0   0
62   Mohegan Village Owners, Inc.   0   Springing           0   0   0           0   0   0           0   0
63   Belle Grove MHP   2,646   1,323   Cash       367   367   0   Cash       0   0   0           0   0
64   Fleetwood Hills Apartments, Inc.   0   Springing           0   0   0           0   0   0           0   0
65   All American Storage DeSoto   3,800   633   Cash       661   661   0   Cash       0   0   0           0   0
66   Southwood Village Retail Center   767   767   Cash       377   377   0   Cash       400,000   1,886   67,898   Cash       0   0
67   Newtown Self Storage   5,862   733   Cash       423   423   0   Cash       0   0   0           0   0
68   Campus Plaza - MI   0   Springing           0   Springing   0           0   2,642   100,000   Cash       0   0
69   80-82 Charles St. Owners Corp.   0   Springing           0   0   0           0   0   0           0   0
70   Aloha Estates MHP   6,150   879   Cash       329   329   0   Cash       0   0   0           0   0
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.   0   Springing           0   0   0           0   0   0           0   0
72   13912 Owners Corp.   0   Springing           0   0   0           0   0   0           0   0
73   Friendly Village Mobile Estates   2,728   303   Cash       417   417   0   Cash       0   0   0           0   0

 

A-1-9 

 

 

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

 

Mortgage Loan Number   Property Name   Debt Service Escrow - Cash or LoC   Debt Service Escrow - LoC Counterparty   Other Escrow I Reserve Description   Other Escrow I (Initial) ($)(5)(8)(13)   Other Escrow I (Monthly) ($)(13)   Other Escrow I Cap ($)(13)   Other Escrow I Escrow - Cash or LoC   Other Escrow I - LoC Counterparty
1   Gurnee Mills               0   0   0        
2   101 Hudson Street           Rent Concession Reserve   2,779,153   0   0   Cash    
3   Plaza America I & II           Captech/BB&T Reserve   Captech ($2,000,000); BB&T ($1,600,000)   0   0   Cash    
4   North Isle Village, Inc.           Collateral Security Agreement for Capital Improvements   6,750,000   0   0   Cash    
5   Easton Town Center           Existing Leasing Obligation Funds   7,161,275   0   0   Cash    
6   Conrad Indianapolis               0   0   0        
7   Mall at Turtle Creek           BB&B Lease Reserve   2,900,000   0   0   Cash    
8   Home2 Suites - Long Island City           Seasonality Reserve   175,000   0   175,000   Cash    
9   ExchangeRight Net Leased Portfolio 13           Condominium Assessments Reserve   25,857   Springing   0   Cash    
9.01   Walgreens -  Fairfield                                
9.02   Walgreens - Panama City                                
9.03   Hobby Lobby - Franklin                                
9.04   CVS Pharmacy - Gadsden                                
9.05   Tractor Supply - Chillicothe                                
9.06   Advance Auto Parts - Houston                                
9.07   Family Dollar - Plainville                                
9.08   Napa Auto Parts - Madison                                
9.09   Dollar General - Knoxville (Circle Oak)                                
9.10   Family Dollar - Lafayette (Pinhook)                                
9.11   Dollar General - Dothan                                
9.12   Family Dollar - Lafayette (Congress)                                
9.13   Dollar General - Superior                                
9.14   Dollar General - Knoxville (Elm)                                
9.15   Family Dollar - Scott                                
9.16   Sherwin Williams - Arlington                                
9.17   Sherwin Williams - Shreveport                                
9.18   Sherwin Williams - Sherman                                
9.19   Dollar General - Walbridge                                
9.20   Sherwin Williams - Naples                                
10   Sheraton Towson Baltimore North               0   0   0        
11   Houston Industrial Portfolio           Free Rent Reserve   20,821   0   0   Cash    
11.01   Emmott Business Center                                
11.02   Eldridge Business Center                                
11.03   West Belt Business Center                                
11.04   Winkler Berrybrook                                
11.05   Aldine Westfield                                
11.06   Keough Business Center                                
12   Central Park Retail           Rent Concession Reserve   138,076   0   0   Cash    
13   Archdale Marketplace               0   0   0        
14   DoubleTree Dallas Near the Galleria           PIP Reserve   8,118,137   0   0   Cash    
15   Tully Business Center               0   0   0        
16   Spanish Fort Town Center Apartments               0   0   0        
17   Alliance International           Medusind Free Rent & Occupancy Deposit   394,495   0   0   Cash    
18   Gas Company Tower & World Trade Center Parking Garage           Outstanding Free Rent Reserve/WeWork Reserve/SCGC Prop 13 Reserve   Outstanding Free Rent Reserve ($4,478,325); WeWork Reserve ($1,000,000); SCGC Prop 13 Reserve ($220,760)   0   0   Cash    
19   2375 Anselmo Drive           Affiliate Reserve   1,900,000   0   0   Cash    
20   Consumer Square West               0   0   0        
21   Northtowne Meadows               0   0   0        
22   Central Self Storage - Daly City, CA               0   0   0        
23   Shoppes at Kendall               0   0   0        
24   Firelands and Midtown Manor MHP           Performance Reserve   1,000,000   0   0   Cash    
24.01   Midtown Manor MHP                                
24.02   Firelands Manor MHP                                
25   Holiday Inn Express & Suites Cooperstown           Seasonality Fund   500,000   Springing   500,000   Cash    
26   61 Inverness           Jeppesen Tenant Improvement Allowance   332,622   0   0   Cash    
27   Shoreview Apartments               0   0   0        
28   One & Two Corporate Plaza           Performance Funds   1,000,000   0   0   Cash    
29   New Albany Office Building               0   0   0        
30   Paradise Ranch MHP               0   0   0        
31   Pacific Rancho Business Park               0   0   0        
32   Comfort Suites Waco           PIP Reserve   148,875   0   0   Cash    
33   Century Theater - NextGen               0   0   0        
34   Chicago Northside Storage               0   0   0        
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.           Collateral Security Agreement for Capital Improvements   2,500,000   0   0   Cash    
36   Village at Fairplain           Down-Unit Repair Reserve   150,000   0   0   Cash    
37   Hampton Inn Richmond Hill               0   0   0        
38   4119 Syracuse Holding (Camillus Plaza)           Rite Aid Rollover Reserve and Rite Aid Door Reserve   104,531   0   290,000   Cash    
39   Holiday Inn Express & Suites Marysville               0   0   0        
40   Lock Ur Own Self Storage               0   0   0        
41   Bella Vista Pointe Apartments               0   0   0        
42   Country Aire MHP               0   0   0        
43   CVS Duluth               0   0   0        
44   Comfort Inn & Suites Market Center Dallas               0   0   0        
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.           Collateral Security Agreement for Capital Improvements   350,000   0   0   Cash    
46   Sun Lake Estates MHP               0   0   0        
47   Moore Self Storage               0   0   0        
48   Best Western - Westgate           PIP Reserve   463,960   0   0   Cash    
49   Courthouse Square               0   0   0        
50   Pokegama Mobile Home & R.V. Park           Seasonality; Storm Shelter; Past Assessment Reserve   470,684   0   0   Cash    
51   Compton Owners Corp.               0   0   0        
52   Arlington Heights Self Storage               0   0   0        
53   Western Village MHP           Short Term Repair Reserve   284,405   0   0   Cash    
54   7350 S Phillips Avenue               0   0   0        
55   Guardian Self Storage San Antonio               0   0   0        
56   Northgate III               0   0   0        
57   Broadview Heights Self Storage               0   0   0        
58   Pleasant Ridge           New Owned Home Reserve   88,735   0   0   Cash    
59   Bayview Owners Corp.               0   0   0        
60   Royal Oaks MHC               0   0   0        
61   Big Oaks Self Storage & Retail           Down Unit Reserve   3,500   0   0   Cash    
62   Mohegan Village Owners, Inc.               0   0   0        
63   Belle Grove MHP               0   0   0        
64   Fleetwood Hills Apartments, Inc.           Collateral Security Agreement for Capital Improvements   550,000   0   0   Cash    
65   All American Storage DeSoto               0   0   0        
66   Southwood Village Retail Center               0   0   0        
67   Newtown Self Storage               0   0   0        
68   Campus Plaza - MI               0   0   0        
69   80-82 Charles St. Owners Corp.               0   0   0        
70   Aloha Estates MHP           Pavement Reserve   20,000   0   0   Cash    
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.               0   0   0        
72   13912 Owners Corp.               0   0   0        
73   Friendly Village Mobile Estates               0   0   0        

 

A-1-10 

 

 

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

 

Mortgage Loan Number   Property Name   Other Escrow II Reserve Description   Other Escrow II (Initial) ($)(8)(13)   Other Escrow II (Monthly) ($)(13)   Other Escrow II Cap ($)   Other Escrow II Escrow - Cash or LoC   Other Escrow II - LoC Counterparty   Holdback   Ownership Interest   Ground Lease Initial Expiration Date   Annual Ground Rent Payment
1   Gurnee Mills       0   0   0               Fee        
2   101 Hudson Street   Tenant Specific TILC Reserve   16,270,684   0   0   Cash           Fee        
3   Plaza America I & II   Free Rent/Gap Rent Reserve   2,464,798   0   0   Cash           Fee        
4   North Isle Village, Inc.       0   0   0               Fee        
5   Easton Town Center       0   0   0               Fee        
6   Conrad Indianapolis       0   0   0               Fee        
7   Mall at Turtle Creek   Free Rent Reserve/Initial Rollover Reserve   Free Rent Reserve ($151,667); Initial Rollover Reserve ($2,907,450)   0   0   Cash           Fee        
8   Home2 Suites - Long Island City       0   0   0               Fee        
9   ExchangeRight Net Leased Portfolio 13       0   0   0               Fee        
9.01   Walgreens -  Fairfield                               Fee        
9.02   Walgreens - Panama City                               Fee        
9.03   Hobby Lobby - Franklin                               Fee        
9.04   CVS Pharmacy - Gadsden                               Fee        
9.05   Tractor Supply - Chillicothe                               Fee        
9.06   Advance Auto Parts - Houston                               Fee        
9.07   Family Dollar - Plainville                               Fee        
9.08   Napa Auto Parts - Madison                               Fee        
9.09   Dollar General - Knoxville (Circle Oak)                               Fee        
9.10   Family Dollar - Lafayette (Pinhook)                               Fee        
9.11   Dollar General - Dothan                               Fee        
9.12   Family Dollar - Lafayette (Congress)                               Fee        
9.13   Dollar General - Superior                               Fee        
9.14   Dollar General - Knoxville (Elm)                               Fee        
9.15   Family Dollar - Scott                               Fee        
9.16   Sherwin Williams - Arlington                               Fee        
9.17   Sherwin Williams - Shreveport                               Fee        
9.18   Sherwin Williams - Sherman                               Fee        
9.19   Dollar General - Walbridge                               Fee        
9.20   Sherwin Williams - Naples                               Fee        
10   Sheraton Towson Baltimore North       0   0   0               Fee        
11   Houston Industrial Portfolio       0   0   0               Fee        
11.01   Emmott Business Center                               Fee        
11.02   Eldridge Business Center                               Fee        
11.03   West Belt Business Center                               Fee        
11.04   Winkler Berrybrook                               Fee        
11.05   Aldine Westfield                               Fee        
11.06   Keough Business Center                               Fee        
12   Central Park Retail   Tenant Specific TILC Reserve   526,940   0   0   Cash           Fee        
13   Archdale Marketplace       0   0   0               Fee        
14   DoubleTree Dallas Near the Galleria   Seasonality Reserve   170,000   $35,000 commencing in February of each year   170,000   Cash           Fee        
15   Tully Business Center       0   0   0               Fee        
16   Spanish Fort Town Center Apartments       0   0   0               Fee        
17   Alliance International   Lincare Free Rent & Occupancy Deposit   379,784   0   0   Cash           Fee        
18   Gas Company Tower & World Trade Center Parking Garage   Jams and Latham Lease Funds   0   14,150   816,452   Cash           Fee        
19   2375 Anselmo Drive   Condominium Reserve   160,000   0   0   Cash           Fee        
20   Consumer Square West       0   0   0               Fee        
21   Northtowne Meadows       0   0   0               Fee        
22   Central Self Storage - Daly City, CA       0   0   0               Fee        
23   Shoppes at Kendall       0   0   0               Fee        
24   Firelands and Midtown Manor MHP   New Home Setup Reserve/Home Repair Reserve   New Home Setup Reserve (160,000); Home Repair Reserve (52,000)   0   0   Cash           Fee        
24.01   Midtown Manor MHP                               Fee        
24.02   Firelands Manor MHP                               Fee        
25   Holiday Inn Express & Suites Cooperstown       0   0   0               Fee        
26   61 Inverness   Lease Sweep Reserve   0   Springing   0               Fee        
27   Shoreview Apartments       0   0   0               Fee        
28   One & Two Corporate Plaza   Rent Concession Funds   54,816   0   0   Cash           Fee        
29   New Albany Office Building       0   0   0               Fee        
30   Paradise Ranch MHP       0   0   0               Fee        
31   Pacific Rancho Business Park       0   0   0               Fee        
32   Comfort Suites Waco       0   0   0               Fee        
33   Century Theater - NextGen       0   0   0               Fee        
34   Chicago Northside Storage       0   0   0               Fee        
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   Collateral Security Agreement for Maintenance Arrears   161,000   0   0   Cash           Fee        
36   Village at Fairplain       0   0   0               Fee        
37   Hampton Inn Richmond Hill       0   0   0               Fee        
38   4119 Syracuse Holding (Camillus Plaza)   Fit Body Rent Reserve   7,840   0   0   Cash           Fee        
39   Holiday Inn Express & Suites Marysville       0   0   0               Fee        
40   Lock Ur Own Self Storage       0   0   0               Fee        
41   Bella Vista Pointe Apartments       0   0   0               Fee        
42   Country Aire MHP       0   0   0               Fee        
43   CVS Duluth       0   0   0               Fee        
44   Comfort Inn & Suites Market Center Dallas       0   0   0               Fee        
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.   Collateral Security Agreement for Litigation   600,000   0   0   Cash           Fee        
46   Sun Lake Estates MHP       0   0   0               Fee        
47   Moore Self Storage       0   0   0               Fee        
48   Best Western - Westgate   Seasonality Reserve   25,326   See footnote (13)   0               Fee        
49   Courthouse Square       0   0   0               Fee        
50   Pokegama Mobile Home & R.V. Park   Sewer Fee Reserve Subaccount   102,122   8,510   0               Fee        
51   Compton Owners Corp.       0   0   0               Fee        
52   Arlington Heights Self Storage       0   0   0               Fee        
53   Western Village MHP   New Home Reserve   50,000   0   0   Cash           Fee        
54   7350 S Phillips Avenue       0   0   0               Fee        
55   Guardian Self Storage San Antonio       0   0   0               Fee        
56   Northgate III       0   0   0               Fee        
57   Broadview Heights Self Storage       0   0   0               Fee        
58   Pleasant Ridge   Capital Improvement Reserve   21,864   0   0   Cash           Fee        
59   Bayview Owners Corp.       0   0   0               Fee        
60   Royal Oaks MHC       0   0   0               Fee        
61   Big Oaks Self Storage & Retail       0   0   0               Fee        
62   Mohegan Village Owners, Inc.       0   0   0               Fee        
63   Belle Grove MHP       0   0   0               Fee        
64   Fleetwood Hills Apartments, Inc.       0   0   0               Fee        
65   All American Storage DeSoto       0   0   0               Fee        
66   Southwood Village Retail Center       0   0   0               Fee        
67   Newtown Self Storage       0   0   0               Fee        
68   Campus Plaza - MI       0   0   0               Fee        
69   80-82 Charles St. Owners Corp.       0   0   0               Fee        
70   Aloha Estates MHP       0   0   0               Fee        
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.       0   0   0               Fee        
72   13912 Owners Corp.       0   0   0               Fee        
73   Friendly Village Mobile Estates       0   0   0               Fee        

 

A-1-11 

 

 

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

 

Mortgage Loan Number   Property Name   Annual Ground Rent Increases   Lockbox   Whole Loan Cut-off Date Balance ($)   Whole Loan Debt Service ($)   Subordinate Secured Debt Original Balance ($)(4)   Subordinate Secured Debt Cut-off Date Balance ($)(4)   Whole Loan U/W NOI DSCR (x)   Whole Loan U/W NCF DSCR (x)   Whole Loan Cut-off Date LTV Ratio
1   Gurnee Mills       Hard/Springing Cash Management                            
2   101 Hudson Street       Hard/Springing Cash Management                            
3   Plaza America I & II       Hard/Upfront Cash Management                            
4   North Isle Village, Inc.       None                            
5   Easton Town Center       Hard/Springing Cash Management   700,000,000   2,138,570   362,500,000   362,500,000   2.03   1.94   59.0%
6   Conrad Indianapolis       Springing                            
7   Mall at Turtle Creek       Hard/Springing Cash Management                            
8   Home2 Suites - Long Island City       Springing                            
9   ExchangeRight Net Leased Portfolio 13       Hard/Springing Cash Management                            
9.01   Walgreens -  Fairfield                                    
9.02   Walgreens - Panama City                                    
9.03   Hobby Lobby - Franklin                                    
9.04   CVS Pharmacy - Gadsden                                    
9.05   Tractor Supply - Chillicothe                                    
9.06   Advance Auto Parts - Houston                                    
9.07   Family Dollar - Plainville                                    
9.08   Napa Auto Parts - Madison                                    
9.09   Dollar General - Knoxville (Circle Oak)                                    
9.10   Family Dollar - Lafayette (Pinhook)                                    
9.11   Dollar General - Dothan                                    
9.12   Family Dollar - Lafayette (Congress)                                    
9.13   Dollar General - Superior                                    
9.14   Dollar General - Knoxville (Elm)                                    
9.15   Family Dollar - Scott                                    
9.16   Sherwin Williams - Arlington                                    
9.17   Sherwin Williams - Shreveport                                    
9.18   Sherwin Williams - Sherman                                    
9.19   Dollar General - Walbridge                                    
9.20   Sherwin Williams - Naples                                    
10   Sheraton Towson Baltimore North       Hard/Springing Cash Management                            
11   Houston Industrial Portfolio       Hard/Springing Cash Management                            
11.01   Emmott Business Center                                    
11.02   Eldridge Business Center                                    
11.03   West Belt Business Center                                    
11.04   Winkler Berrybrook                                    
11.05   Aldine Westfield                                    
11.06   Keough Business Center                                    
12   Central Park Retail       Hard/Upfront Cash Management                            
13   Archdale Marketplace       Springing                            
14   DoubleTree Dallas Near the Galleria       Springing                            
15   Tully Business Center       Springing                            
16   Spanish Fort Town Center Apartments       Springing                            
17   Alliance International       Springing                            
18   Gas Company Tower & World Trade Center Parking Garage       Hard/Springing Cash Management   319,000,000   935,981   175,000,000   175,000,000   2.55   2.36   52.2%
19   2375 Anselmo Drive       Soft/Springing Cash Management                            
20   Consumer Square West       Hard/Springing Cash Management                            
21   Northtowne Meadows       Springing                            
22   Central Self Storage - Daly City, CA       Springing                            
23   Shoppes at Kendall       Springing                            
24   Firelands and Midtown Manor MHP       Springing                            
24.01   Midtown Manor MHP                                    
24.02   Firelands Manor MHP                                    
25   Holiday Inn Express & Suites Cooperstown       Springing                            
26   61 Inverness       Springing                            
27   Shoreview Apartments       None                            
28   One & Two Corporate Plaza       Springing                            
29   New Albany Office Building       Hard/Springing Cash Management                            
30   Paradise Ranch MHP       Springing                            
31   Pacific Rancho Business Park       Soft/Springing Cash Management                            
32   Comfort Suites Waco       Springing                            
33   Century Theater - NextGen       Springing                            
34   Chicago Northside Storage       Springing                            
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.       None   6,991,303   30,960   1,000,000   0   9.50   9.32   11.8%
36   Village at Fairplain       Springing                            
37   Hampton Inn Richmond Hill       Hard/Springing Cash Management                            
38   4119 Syracuse Holding (Camillus Plaza)       Hard/Springing Cash Management                            
39   Holiday Inn Express & Suites Marysville       Springing                            
40   Lock Ur Own Self Storage       Springing                            
41   Bella Vista Pointe Apartments       Springing                            
42   Country Aire MHP       Springing                            
43   CVS Duluth       Springing                            
44   Comfort Inn & Suites Market Center Dallas       Springing                            
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.       None                            
46   Sun Lake Estates MHP       Springing                            
47   Moore Self Storage       Springing                            
48   Best Western - Westgate       Springing                            
49   Courthouse Square       Springing                            
50   Pokegama Mobile Home & R.V. Park       Springing                            
51   Compton Owners Corp.       None   4,400,000   13,078   500,000   0   5.19   4.97   24.4%
52   Arlington Heights Self Storage       Springing                            
53   Western Village MHP       Springing                            
54   7350 S Phillips Avenue       Springing                            
55   Guardian Self Storage San Antonio       Springing                            
56   Northgate III       Springing                            
57   Broadview Heights Self Storage       Springing                            
58   Pleasant Ridge       Springing                            
59   Bayview Owners Corp.       None   3,297,388   12,734   300,000   0   11.44   11.19   7.4%
60   Royal Oaks MHC       Springing                            
61   Big Oaks Self Storage & Retail       Springing                            
62   Mohegan Village Owners, Inc.       None                            
63   Belle Grove MHP       Springing                            
64   Fleetwood Hills Apartments, Inc.       None                            
65   All American Storage DeSoto       Springing                            
66   Southwood Village Retail Center       Springing                            
67   Newtown Self Storage       Springing                            
68   Campus Plaza - MI       None                            
69   80-82 Charles St. Owners Corp.       None   1,648,805   6,463   200,000   0   8.32   8.20   7.7%
70   Aloha Estates MHP       Springing                            
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.       None                            
72   13912 Owners Corp.       None   1,498,184   6,673   250,000   0   4.13   4.03   28.3%
73   Friendly Village Mobile Estates       Springing                            

 

A-1-12 

 

 

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

 

Mortgage Loan Number   Property Name   Whole Loan Cut-off Date U/W NOI Debt Yield   Whole Loan Cut-off Date U/W NCF Debt Yield   Mezzanine Debt Cut-off Date Balance($)   Sponsor(10)(14)   Affiliated Sponsors   Mortgage Loan Number
1   Gurnee Mills               Simon Property Group, L.P.       1
2   101 Hudson Street               Mack-Cali Realty, L.P.       2
3   Plaza America I & II           20,000,000   Tamares Real Estate Holdings, Inc.; Atlantic Realty Companies       3
4   North Isle Village, Inc.                       4
5   Easton Town Center   7.4%   7.1%       L Brands, Inc.; Georgetown Sponsor       5
6   Conrad Indianapolis               Alvin E. Kite; John Kite; Thomas McGowan       6
7   Mall at Turtle Creek               Rouse Properties, LP       7
8   Home2 Suites - Long Island City               Jacob Rad; Samuel Klein       8
9   ExchangeRight Net Leased Portfolio 13               David Fisher, Joshua Ungerecht, Warren Thomas       9
9.01   Walgreens -  Fairfield                       9.01
9.02   Walgreens - Panama City                       9.02
9.03   Hobby Lobby - Franklin                       9.03
9.04   CVS Pharmacy - Gadsden                       9.04
9.05   Tractor Supply - Chillicothe                       9.05
9.06   Advance Auto Parts - Houston                       9.06
9.07   Family Dollar - Plainville                       9.07
9.08   Napa Auto Parts - Madison                       9.08
9.09   Dollar General - Knoxville (Circle Oak)                       9.09
9.10   Family Dollar - Lafayette (Pinhook)                       9.10
9.11   Dollar General - Dothan                       9.11
9.12   Family Dollar - Lafayette (Congress)                       9.12
9.13   Dollar General - Superior                       9.13
9.14   Dollar General - Knoxville (Elm)                       9.14
9.15   Family Dollar - Scott                       9.15
9.16   Sherwin Williams - Arlington                       9.16
9.17   Sherwin Williams - Shreveport                       9.17
9.18   Sherwin Williams - Sherman                       9.18
9.19   Dollar General - Walbridge                       9.19
9.20   Sherwin Williams - Naples                       9.20
10   Sheraton Towson Baltimore North               Kenneth Kochenour; Ira Lubert       10
11   Houston Industrial Portfolio               Nathan Herzog; Robert Herzog       11
11.01   Emmott Business Center                       11.01
11.02   Eldridge Business Center                       11.02
11.03   West Belt Business Center                       11.03
11.04   Winkler Berrybrook                       11.04
11.05   Aldine Westfield                       11.05
11.06   Keough Business Center                       11.06
12   Central Park Retail               Gary D. Rappaport       12
13   Archdale Marketplace               Stanley Werb; Jonathan Gaines       13
14   DoubleTree Dallas Near the Galleria               Ki Yong Choi       14
15   Tully Business Center               David B. Dollinger       15
16   Spanish Fort Town Center Apartments               Marc Weil       16
17   Alliance International               Bel-Cal Properties, Inc.; Bel-Alta Properties, Inc.       17
18   Gas Company Tower & World Trade Center Parking Garage   9.0%   8.3%   131,000,000   Brookfield DTLA Holdings LLC       18
19   2375 Anselmo Drive               Kali Chaudhuri       19
20   Consumer Square West               Bon Aviv Holdings LLC       20
21   Northtowne Meadows               Kamal H. Shouhayib       21
22   Central Self Storage - Daly City, CA               Please see footnote (14)       22
23   Shoppes at Kendall               Adam Lamnin       23
24   Firelands and Midtown Manor MHP               Richard Placido       24
24.01   Midtown Manor MHP                       24.01
24.02   Firelands Manor MHP                       24.02
25   Holiday Inn Express & Suites Cooperstown               Bilal Ahmad; Zahid Chaudhri       25
26   61 Inverness               KDI Investments, Inc.       26
27   Shoreview Apartments               Sills Enterprises LLC       27
28   One & Two Corporate Plaza               Nathaniel E. Williams; Rodney C. Freeman       28
29   New Albany Office Building               David A. Kornbluth; Bradford L. Kitchen       29
30   Paradise Ranch MHP               Bo Zarnegin       30
31   Pacific Rancho Business Park               Richard Dentt       31
32   Comfort Suites Waco               Tejasbhai Patel       32
33   Century Theater - NextGen               Frederick M. Nicholas       33
34   Chicago Northside Storage               Alex Turik; Nikita Turik; Fred R. Jung; Edward J. Stern; Claus Niemann       34
35   Fillmore Gardens Co-operative, Inc. a/k/a The Fillmore Gardens Co-operative, Inc.   50.5%   49.5%               35
36   Village at Fairplain               Barry Chernawsky       36
37   Hampton Inn Richmond Hill               Kiran B. Swami; Hemlata Patel       37
38   4119 Syracuse Holding (Camillus Plaza)               Reuven Y. Rivlin       38
39   Holiday Inn Express & Suites Marysville               Larry-Bharat Patel; Rekha Larry-Bharat Patel       39
40   Lock Ur Own Self Storage               Joy Rasmussen       40
41   Bella Vista Pointe Apartments               Madeleine Ficaccio       41
42   Country Aire MHP               Eric D. Wooten; Cynthia Rodwell; Robert Hutson       42
43   CVS Duluth               Gloria M. Alvarez; Sarah Ramos; Michael M. Sanchez       43
44   Comfort Inn & Suites Market Center Dallas               Bharatkumar Patel; Nitin Tiwani; Raman Patel       44
45   Corlear Gardens Housing Corp. f/k/a Corlear Gardens Housing Co., Inc.                       45
46   Sun Lake Estates MHP               Brandon A. Schwartz; Yanina V. Schwartz       46
47   Moore Self Storage               Robert Moser; Robert Morgan   Y- Group 1   47
48   Best Western - Westgate               Pradip Acharya & Jayesh Khatiwala       48
49   Courthouse Square               Michael P. Amann       49
50   Pokegama Mobile Home & R.V. Park               William Woischke       50
51   Compton Owners Corp.   18.5%   17.7%               51
52   Arlington Heights Self Storage               Robert Moser; Robert Morgan   Y- Group 1   52
53   Western Village MHP               Chad Haggar; Anna Volkoff       53
54   7350 S Phillips Avenue               Nadeya Khalil       54
55   Guardian Self Storage San Antonio               Henry G. Lewis       55
56   Northgate III               Michael J. Ladue       56
57   Broadview Heights Self Storage               Robert Moser; Robert Morgan   Y- Group 1   57
58   Pleasant Ridge               James W. Soboleski; Benjamin L. Kadish       58
59   Bayview Owners Corp.   53.0%   51.9%               59
60   Royal Oaks MHC               David H. Reynolds; Mark H. Robertson       60
61   Big Oaks Self Storage & Retail               Matthew Ricciardella       61
62   Mohegan Village Owners, Inc.                       62
63   Belle Grove MHP               Stephen J. Garchik       63
64   Fleetwood Hills Apartments, Inc.                       64
65   All American Storage DeSoto               Scott and Renee LaBar       65
66   Southwood Village Retail Center               Jacobo Camhi       66
67   Newtown Self Storage               Thomas Christiano; William Paquet       67
68   Campus Plaza - MI               Jeffrey L. Curtis; Anthony J. Curtis       68
69   80-82 Charles St. Owners Corp.   39.1%   38.6%               69
70   Aloha Estates MHP               Douglas A. Datillo; Roland Hauber       70
71   1122 Yonkers Avenue Ltd. a/k/a 1122 Yonkers Avenue, Ltd.                       71
72   13912 Owners Corp.   22.1%   21.5%               72
73   Friendly Village Mobile Estates               Mark Kelly; Peter Whitehead       73

 

A-1-13 

 

 

FOOTNOTES TO ANNEX A-1

   
  See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
   
(1) “Barclays” denotes Barclays Bank PLC, “WFB” denotes Wells Fargo Bank, National Association, “CIIICM” denotes C-III Commercial Mortgage LLC, “RMF” denotes Rialto Mortgage Finance, LLC, “NCB" denotes National Cooperative Bank, N.A. and “Basis” denotes Basis Real Estate Capital II, LLC.
   
(2) For mortgage loan #12 (Central Park Retail), the mortgaged property is located at 1150, 1210-1212, 1242, 1260-1280, 1281-1291, 1340-1360, 1370, 1380-1386, 1390, 1410-1440, 1471-1481, 1591, 1602-1618, 1618-1638, 1640, 1650-1668, 1661-1669 Carl D. Silver Parkway; 2871, 3031, 3071, 3540, 3544 Plank Road; 1191, 1301-1325, 1410, 1460, 1580 Central Park Boulevard; 12101, 12131 Amos Lane; 3536 Shalaby Way.
   
(3) For mortgage loan #1 (Gurnee Mills), Number of Units and Occupancy Rate includes the fourth largest tenant (111,675 square feet), representing 6.6% of net rentable square feet, which leases the collateral pad site and owns its improvements.
   
  For mortgage loan #18 (Gas Company Tower & World Trade Center Parking Garage), the Number of Units includes 1,317,849 square feet of office space, 44,044 square feet of storage space, 10,436 square feet of retail space and 2,165 parking stalls.
   
  For mortgage loan #50 (Pokegama Mobile Home & R.V. Park) Number of Units includes 148 recreational vehicle parking spaces, 128 pads, 57 storage units and four single family residences.
   
  For mortgage loan #53 (Western Village MHP), the Number of Units includes 11 apartment units and 3 single-family residences. 
   
  For mortgage loan #61 (Big Oaks Self Storage & Retail), the Number of Units includes 72,520 square feet of self-storage space and 22,849 square feet of retail space. The Occupancy Rate reflects 70,780 square feet of self-storage space occupied and 16,049 square feet of retail space occupied. 
   
(4) For mortgage loan #1 (Gurnee Mills), the mortgage loan represents Note A-2A of six pari passu notes, which have a combined Cut-off Date principal balance of $274,633,547. Notes A-1A, A-1B, A-2B, A-3 and A-4 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1A, A-1B, A-2A, A-2B, A-3 and A-4 in the aggregate (the "Gurnee Mills Whole Loan"). Note A-2A represents a non-controlling interest in the Gurnee Mills Whole Loan.
                           
  For mortgage loan #2 (101 Hudson Street), the mortgage loan represents Note A-2 of five pari passu notes, which have a combined Cut-off Date principal balance of $250,000,000. Notes A-1, A-3, A-4 and A-5 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1,  A-2, A-3, A-4 and A-5 in the aggregate (the "101 Hudson Street Whole Loan"). Note A-2 represents a non-controlling interest in the 101 Hudson Street Whole Loan.

 

A-1-14 

 

 

  For mortgage loan #3 (Plaza America I & II), the mortgage loan represents Note A-1 of two pari passu notes, which have a combined Cut-off Date Balance of $125,000,000.  Note A-2 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Plaza America I & II Whole Loan”). Note A-1 represents the controlling interest in the Plaza America I & II Whole Loan
                           
  For mortgage loan #5 (Easton Town Center), the mortgage loan represents Note A-1-B-2 of six senior pari passu notes, which have a combined Cut-off Date Balance of $337,500,000 (Note A-1-A, Note A-2-A, Note A-1-B-1, Note A-1-B-2, Note A-1-B-3 and Note A-2-B) and two subordinate notes with a combined Cut-off Date Balance of $362,500,000 (Note B-1 and Note B-2). Together they have a combined Cut-Off Date Balance of $700,000,000 (“Easton Town Center Whole Loan”). All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on the balance of Note A-1-A, Note A-2-A, Note A-1-B-1, Note A-1-B-2, Note A-1-B-3 and Note A-2-B in the aggregate. Note A-1-B-2 represents a non-controlling interest in the Easton Town Center Whole Loan.
                           
  For mortgage loan #6 (Conrad Indianapolis), the mortgage loan represents Note A-1 of two pari passu notes, which have a combined Cut-off Date principal balance of $55,633,911. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1 and Note A-2 in the aggregate (the "Conrad Indianapolis Whole Loan"). Note A-1 represents the controlling interest in the Conrad Indianapolis Whole Loan.
                           
  For mortgage loan #7 (Mall at Turtle Creek), the mortgage loan represents Note A-2 of two pari passu notes, which have a combined Cut-off Date Balance of $71,435,569.  Note A-1 will not be included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Mall at Turtle Creek Whole Loan”). Note A-2 represents a non-controlling interest in the Mall at Turtle Creek Whole Loan.
                           
  For mortgage loan #12 (Central Park Retail), the mortgage loan represents Note A-2 of two pari passu notes, which have a combined Cut-off Date Balance of $89,768,249. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1 and Note A-2 in the aggregate (the "Central Park Retail Whole Loan"). Note A-2 represents the non-controlling interest in the Central Park Retail Whole Loan.
                           
  For mortgage loan #18 (Gas Company Tower & World Trade Center Parking Garage), the mortgage loan represents Note A-2-C of six senior pari passu notes, which have a combined Cut-off Date Balance of $144,000,000 (Note A-1-S1, Note A-1-S2, Note A-1-S3, Note A-2-S, Note A-1-C and Note A-2-C) and two subordinate notes with a combined Cut-off Date Balance of $175,000,000 (Note B-1 and Note B-2). Together they have a combined Cut-Off Date Balance of $319,000,000 (the “Gas Company Tower & World Trade Center Parking Garage Whole Loan”). All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on the balance of Note A-1-S1, Note A-1-S2, Note A-1-S3, Note A-2-S, Note A-1-C and Note A-2-C in the aggregate. Note A-2-C represents a non-controlling interest in Gas Company Tower & World Trade Center Parking Garage Whole Loan.

 

A-1-15 

 

 

  For mortgage loan #28 (One & Two Corporate Plaza), the mortgage loan represents Note A-2 of two pari passu notes, which have a combined Cut-off Date Balance of $26,939,488. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1 and Note A-2 in the aggregate (the "One & Two Corporate Plaza Whole Loan"). Note A-2 represents the non-controlling interest in the One & Two Corporate Plaza Whole Loan. 
                           
(5) For mortgage loan #14 (DoubleTree Dallas Near the Galleria), the Appraised Value assumes that the property improvement plan (“PIP”), which is expected to be completed within 12 to 18 months, has been completed. At origination, the lender escrowed $8,118,137, which is the estimated remaining cost of such PIP. The appraised value assuming the PIP has not been completed is $21,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity assuming an appraised value of $21,000,000 are 90.4% and 73.1%, respectively.
   
(6) For mortgage loan #22 (Central Self Storage – Daly City, CA), U/W Revenues includes office, retail, cell tower and other income.
                           
  For mortgage loan #50 (Pokegama Mobile Home & R.V. Park), approximately 30.1% of the U/W Revenues is generated by the 148 recreational vehicle parking spaces.    
                           
(7) The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable. 
   
  For mortgage loan #2 (101 Hudson Street), the fifth largest tenant (54,669 square feet), representing 4.1% of net rentable square feet, may terminate 48,400 square feet of its space as of December 31, 2023 upon providing notice by June 30, 2022 and payment of a termination fee equal to $2,107,496.  
                           
  For mortgage loan #3 (Plaza America I & II), the largest tenant (73,235 square feet), representing 14.2% of net rentable square feet, may reduce its space by up to 20.0% on February 28, 2020 with nine months’ written notice and the payment of a reduction fee equal to the product of (i) $20.00 and (ii) the number of square feet to be reduced. The third largest tenant (22,631 square feet), representing 4.4% of net rentable square feet, may terminate its lease on August 31, 2022 with ten months’ written notice and the payment of a termination fee equal to all unamortized tenant improvements and leasing commissions.
                           
  For mortgage loan #7 (Mall at Turtle Creek), the fourth largest tenant (20,000 square feet), representing 6.1% of net rentable square feet, may terminate its lease at any time within 180 days after December 31, 2020 if the tenant’s gross sales do not equal or exceed $3,000,000 during the period from January 1, 2020 through December 31, 2020. The fifth largest tenant (13,319 square feet), representing 4.0% of net rentable square feet, may terminate its lease between December 1, 2018 and January 31, 2019 if the tenant’s net sales do not exceed $1,650,000 during the period of December 1, 2017 through November 30, 2018.
                           
  For mortgage loan #9 (ExchangeRight Net Leased Portfolio 13), the sole tenant at the Walgreens – Panama City mortgaged property (14,820 square feet), representing 6.4%

 

A-1-16 

 

 

  of net rentable square feet of the entire portfolio may terminate its lease upon six months’ written notice, effective as of January 31, 2032 and every five years thereafter until the lease expires on January 31, 2081. The sole tenant at the Walgreens – Fairfield mortgaged property (14,490 square feet), representing 6.2% of net rentable square feet of the entire portfolio may terminate its lease upon six months’ written notice, effective as of December 31, 2027 and every five years thereafter until the lease expires on December 31, 2077.
                           
  For mortgage loan #11 (Houston Industrial Portfolio), the largest tenant at the Keough Business Center mortgaged property (5,590 square feet), representing 1.2% of net rentable square feet of the portfolio, may terminate its lease on January 31, 2019 upon providing written notice by October 1, 2018 and payment of a termination fee equal to three months’ base rent and all unamortized leasing commissions. The fifth largest tenant at the Emmott Business Center mortgaged property (7,200 square feet), representing 1.6% of net rentable square feet of the portfolio, may terminate its lease on February 1, 2017 upon providing written notice by November 1, 2016 and payment of a termination fee equal to three months’ base rent.
                           
  For mortgage loan #12 (Central Park Retail), the third largest tenant (29,000 square feet), representing 6.6% of net rentable square feet, may terminate its lease at any time on or after January 1, 2019 upon providing six months’ written notice.
                           
  For mortgage loan #18 (Gas Company Tower & World Trade Center Parking Garage), the largest tenant (469,078 square feet), representing 34.2% of net rentable square feet, may terminate its lease as of November 9, 2021 upon providing written notice by May 9, 2020, and payment of a termination fee equal to all unamortized tenant improvements and free rent. The largest tenant also has the following contraction options: (i) the ongoing right to terminate 21,852 square feet upon three months written notice; (ii) the one-time right to contract one full uppermost or lowest floor (up to 28,007 square feet), on November 9, 2019 upon providing written notice on August 9, 2018; (iii) provided that the tenant does not exercise option (ii), the right to contract up to two full uppermost or lowest floors (up to 56,014 square feet) with payment of a termination fee equal to the sum of all unamortized tenant improvements, leasing commissions and free rent. Notice of election to contract space must be given on or before: (A) August 9, 2019 if only terminating one floor; and (B) May 9, 2019 if the tenant is terminating two floors; (iv) a one-time right to terminate up to 12,805 square feet on December 31, 2016 upon three months’ written notice; (v) the right to terminate 28,007 square feet effective March 24, 2017 or March 24, 2018 upon providing six months’ written notice; (vi) a one-time right to contract 14,500 square feet effective July 31, 2017 upon providing written notice on April 30, 2017; and (vii) an ongoing right to terminate 10,655 square feet of storage space upon 30 days’ written notice. The second largest tenant (164,674 square feet), representing 12.0% of net rentable square feet, has a contraction right effective as of December 31, 2018 with notice by December 31, 2017. Contraction space can be one full floor or all of the tenant’s continuous space on any floor where the tenant leases a portion of the floor and will either be the uppermost or lowermost floor of the tenant’s contiguous floors or any noncontiguous floor subject to a contraction fee equal to the sum of all unamortized tenant improvements, leasing commissions, free rent and refurbishment allowance plus three months of base and additional rent/pass through. The third largest tenant (112,028 square feet), representing 8.2% of net rentable area, has a one-time right to contract up to one full floor of either the highest or lowest floor of the tenant’s space as of February 28, 2023 upon providing written notice on or before

 

A-1-17 

 

 

  November 30, 2021. The contraction fee is equal to a sum of all unamortized tenant improvements, leasing commissions and free rent. The fourth largest tenant (97,218 square feet), representing 7.1% of net rentable square feet, has the right to contract its space by approximately 5,000 square feet by relocating from the fourth floor to the seventh floor between May 1, 2016 and April 30, 2018. 
                           
  For mortgage loan #20 (Consumer Square West), the second largest tenant (23,253 square feet), representing 10.7% of net rentable square feet, has a one-time right to terminate its lease if its gross sales do not exceed $2,000,000 during the 6th full lease year, starting on August 1, 2022 with at least 30 days’ prior written notice provided no later than 30 days after the end of the 6th full lease year on July 31, 2023.
                           
  For mortgage loan #26 (61 Inverness), the fifth largest tenant (4,500 square feet), representing 5.2% of net rentable square feet, may terminate its lease on February 28, 2018 with at least six months’ written notice. 
                           
  For mortgage loan #28 (One & Two Corporate Plaza), the largest tenant (40,742 square feet), representing 14.8% of net rentable square feet, has a one-time right to terminate its lease after May 1, 2018 with at least 120 days’ prior written notice. The termination fee is equal to the unamortized portion of the brokerage commission, allowance costs, and leasing commissions. The third largest tenant (20,127 square feet), representing 7.3% of net rentable square feet, may terminate its lease after April 10, 2019, provided that no part of the lease is sublet for a term extending past April 10, 2019 or the lease has not been assigned, except to a permitted assignee, with at least six months’ prior notice. The termination fee is equal to the unamortized portion of the leasing commissions and the tenant improvements allowance. The fourth largest tenant (17,958 square feet), representing 6.5% of net rentable square feet, is subject to federal government appropriations funding and may terminate its lease if there is a loss of federal funding or appropriations are insufficient to pay the lease, with at least 120 days’ prior written notice. The termination fee is equal to the unamortized portion of the tenant improvement allowance and brokerage fees.
                           
  With respect to mortgage loan #31 (Pacific Rancho Business Park), the fifth largest tenant (9,100 square feet), representing 10.9% of net rentable square feet, may terminate its lease at any time upon providing 12 months’ written notice and prepayment of three months’ rent.
                           
  For mortgage loan #61 (Big Oaks Self Storage & Retail), the largest retail tenant (2,880 square feet), representing 3.0% of net rentable square feet, may terminate its lease at any time on or after December 1, 2017 with 180 days’ written notice. 
                           
(8) In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting.
   
  For mortgage loan #1 (Gurnee Mills), the fifth largest tenant (105,248 square feet), representing 6.3% of net rentable square feet has executed a lease and is paying rent, but is not in occupancy of its space.  They are anticipated to open for business in January 2017.  

 

A-1-18 

 

 

  For mortgage loan #2 (101 Hudson Street), the largest tenant (388,207 square feet), representing 28.9% of net rentable square feet, has abated rent through June 2017.  The second largest tenant (271,533 square feet), representing 20.2% of net rentable square feet, is not in occupancy of 139,536 square feet. The third largest tenant (100,909 square feet), representing 7.5% of net rentable square feet, is not in occupancy of 37,387 square feet of its space. The fifth largest tenant (54,669 square feet), representing 4.1% of net rentable square feet has eight months of abated rent through January 2026.  A reserve was collected at closing for all outstanding rent abatements.
                           
  For mortgage loan #3 (Plaza America I & II), the largest tenant (73,235 square feet), representing 14.2% of net rentable square feet, recently expanded and renewed its lease and is paying abated rent. $310,851 was escrowed at origination to cover the rent abatement period. The second largest tenant (61,113 square feet), representing 11.9% of net rentable square feet is paying a reduced rent. $986,948 was escrowed at origination to cover the rent abatement period. 
                           
  For mortgage loan #7 (Mall at Turtle Creek), the fourth largest tenant (20,000 square feet), representing 6.1% of net rentable square feet, has executed its lease, but is not currently in occupancy as it builds out its space. The tenant is expected to open for business on October 20, 2016.  A reserve of $151,667 was escrowed at origination for the projected gap rent period.
                           
  For mortgage loan #11 (Houston Industrial Portfolio), the fifth largest tenant at the Keough Business Center mortgaged property (1,885 square feet), representing 0.4% of net rentable square feet of the portfolio, will commence paying full, unabated rent in December 2016. A reserve of $20,821 was escrowed at origination to cover the free rent period for the entire portfolio.
   
  For mortgage loan #12 (Central Park Retail), the fourth largest tenant (20,930 square feet), representing 4.7% of net rentable square feet, has executed a lease but has not taken occupancy or commenced paying rent.  The tenant is anticipated to be in occupancy in November 2016 and commences paying rent on September 28, 2016.  A reserve of $38,372 was taken at closing representing gap rent.
                           
  For mortgage loan #15 (Tully Business Center), the third largest tenant (4,578 square feet), representing 3.2% of net rentable square feet, has executed a lease but is not anticipated to be in occupancy until March 2017.
                           
  For mortgage loan #17 (Alliance International), the second largest tenant (11,936 square feet), representing 5.0% of net rentable square feet, is in occupancy but has abated rent in August of 2016, 2017, 2018, 2019, 2020, and 2021. $16,909 was reserved at closing representing the first month of outstanding free rent. 
                           
  For mortgage loan #18 (Gas Company Tower & World Trade Center Parking Garage), the largest tenant (469,078 square feet), representing 34.2% of net rentable square feet, has free rent through October 2016.  The fourth largest tenant (97,218 square feet), representing 7.1% of net rentable square feet, has free rent through January 2020. At origination, the borrower deposited $4,478,325 into a free rent reserve account of which $4,160,630 relates to a free rent period for the largest tenant and $317,695 relates to the fourth largest tenant.  

 

A-1-19 

 

 

  For mortgage loan #19 (2375 Anselmo Drive), the second largest tenant (6,857 square feet), representing 9.2% of net rentable area, has executed a lease and is in the process of building out improvements. The tenant is anticipated to be in occupancy by December 2016 and the rent commencement date is January 1, 2017. At origination, $1,900,000 was escrowed and will be released once the tenant has completed their build-out and has taken occupancy. 
                           
  For mortgage loan #26 (61 Inverness), the third largest tenant (12,136 square feet), representing 14.1% of net rentable square feet, is only occupying 6,704 square feet of its space.  The tenant is paying full rent for the entire 12,136 square feet of leased premises but the unoccupied portion was underwritten as vacant.
                           
  For mortgage loan #29 (New Albany Office Building), the second largest tenant (16,107 square feet), representing 19.4% of net rentable square feet, has free rent on 1,901 square feet until March 31, 2017.  Additionally, the second largest tenant executed a lease on 5,825 square feet and is anticipated to be in occupancy and paying rent by December 2016.
                           
  For mortgage loan #68 (Campus Plaza – MI), the second largest tenant (4,200 square feet), representing 10.8% of net rentable square feet, has abated rent from August 2020 through July 2021.
                           
(9) For mortgage loan #18 (Gas Company Tower & World Trade Center Parking Garage), the largest tenant (469,078 square feet), representing 34.2% of net rentable area, has multiple leases that expire as follows: 385,057 square feet expire October 31, 2026; 56,014 square feet expire March 31, 2019 and 28,007 square feet expire December 31, 2017.
   
  For mortgage loan #28 (One & Two Corporate Plaza), the largest tenant (40,742 square feet), representing 14.8% of net rentable area, has multiple leases that expire as follows: 18,584 square feet expire on December 31, 2017 and 22,158 square feet expire on April 30, 2020. The second largest tenant (27,676 square feet), representing 10.0% of net rentable area, has multiple leases that expire as follows: 1,884 square feet on December 31, 2017 and 25,792 on January 31, 2022.
                           
  For mortgage loan #49 (Courthouse Square), the third largest tenant (3,258 square feet) representing 12.2% of net rentable area, has multiple leases that expire as follows: 1,008 square feet on August 31, 2017 and 2,250 square feet on March 31, 2019.
                           
(10) For mortgage loan #19 (2375 Anselmo Drive), the second largest tenant (6,857 square feet), representing 9.2% of net rentable area, is an affiliate of the sponsor.
                           
  For mortgage loan #61 (Big Oaks Self Storage & Retail), the fourth largest retail tenant (1,350 square feet), representing 1.4% of net rentable square feet, is affiliated with the sponsor.
                           
(11) For mortgage loan #3 (Plaza America I & II), the fourth largest tenant (22,303 square feet), representing 4.3% of net rentable square feet, subleases 7,200 square feet of its space for an annual base rent of $237,600 ($33.00 per square foot, expiring December 31, 2017).

 

A-1-20 

 

 

  For mortgage loan #28 (One & Two Corporate Plaza), the fifth largest tenant (9,273 square feet), representing 3.4% of net rentable square feet, currently subleases its space for an annual base rent of $234,143 ($25.25 per square foot, expiring on September 30, 2017).
                           
(12) For mortgage loan #8 (Home2 Suites - Long Island City), the Monthly Replacement Reserve will be adjusted on each payment date in January to the greater of 1/12th of 4.0% of annual gross revenues for the property and amount required to be collected by the franchisor, but in no case may the Monthly Replacement Reserve be less than the initial Monthly Replacement Reserve.
                           
  For mortgage loan #10 (Sheraton Towson Baltimore North), Monthly Replacement Reserve will be adjusted to an amount equal to 1/12 of 4% of the projected annual gross income from operation of the property as set forth in the approved annual budget for FF&E expenditures, but in no case may the Monthly Replacement Reserve be less than the initial Monthly Replacement Reserve.
                           
  For mortgage loan #14 (DoubleTree Dallas Near the Galleria), the Monthly Replacement Reserve, to be adjusted each January, will be 1/12 of 2.0% of the prior year’s actual annual gross income for the period beginning October 11, 2017 to October 10, 2018, 1/12 of 3.0% of the prior year’s actual annual gross income from October 11, 2018 to October 10, 2019, and 1/12 of 4.0% of the prior year’s actual annual gross income for each year thereafter beginning on October 11, 2019. 
                           
  For mortgage loan #25 (Holiday Inn Express & Suites Cooperstown), the Monthly Replacement Reserve will be: (i) for the period until September 29, 2017, the greater of an amount equal to: (a) 1/12 of 2% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (b) the aggregate amount required under the management agreement and the franchise agreement; (ii) for the period starting on September 30, 2017 and ending September 29, 2019, the greater of an amount equal to: (a) 1/12 of 3% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (b) the aggregate amount required under the management agreement and the franchise agreement; and (iii) thereafter, the greater of an amount equal to: (a) 1/12 of 4% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; and (b) the aggregate amount required under the management agreement and the franchise agreement. 
                           
  For mortgage loan #48 (Best Western - Westgate), the Monthly FF&E Reserve will be equal to 1/12th of 4% of gross revenue for the immediately preceding 12-month period.
                           
(13) For mortgage loan #2 (101 Hudson Street), the Other Escrow I (Initial) and Other Escrow II (Initial) are expected to be replaced by a letter of credit.
                           
  For mortgage loan #25 (Holiday Inn Express & Suites Cooperstown), on each payment date during the months of May, June, July, August, September, and October of each year, the borrower will deposit an additional $83,300 if the reserve balance is less than $500,000. 

 

A-1-21 

 

 

  For mortgage loan #48 (Best Western - Westgate), on each payment date occurring during June of any year, the borrower will be required to pay an amount equal to $11,590, and, on each payment date thereafter occurring during October of any year, an amount equal to $13,737.
                           
(14) For mortgage loan #22 (Central Self Storage - Daly City, CA), the sponsors are: Robert J. Dailey; Thomas A. Dailey; Ruth Dailey; James H. Price; Terrence D. Ranahan; Sharon W. Ranahan; Ann Franks Boren; Clair L. Hotten; Mary J. Hotten; Phil Jones; Sabrina Jones; Dailey Walwark Family Trust; The Dailey Living Trust; The Price GST Exempt Trust; James H. Price Survivor’s Trust; Ranahan Family Declaration of Trust; Ann Franks Boren Living Trust; Hotten Family Trust.

 

A-1-22