FWP 1 n858_anxa1-x8.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-13

 

     
     
 

Wells Fargo Commercial Mortgage Trust 2017-RC1 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, 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 City State Zip Code General Property Type
1 Hyatt Place Portfolio RMF   Various Various Various Various Hospitality
1.01 Hyatt Place Greenville RMF   40 West Orchard Park Drive Greenville SC 29615 Hospitality
1.02 Hyatt Place Charlotte RMF   7900 Forest Point Boulevard Charlotte NC 28217 Hospitality
1.03 Hyatt Place Dallas RMF   12411 North Central Expressway Dallas TX 75243 Hospitality
1.04 Hyatt Place Alpharetta RMF   7500 North Point Parkway Alpharetta GA 30022 Hospitality
1.05 Hyatt Place Topeka RMF   6021 Southwest 6th Avenue Topeka KS 66615 Hospitality
1.06 Hyatt Place Roanoke RMF   5040 Valley View Boulevard Roanoke VA 24012 Hospitality
2 McLean Data Center Portfolio WFB   1755-1757 Old Meadow Road; 1764A Old Meadow Lane McLean VA 22102 Other
3 International Paper Global HQ WFB   6420 Poplar Avenue Memphis TN 38119 Office
4 Preferred Freezer Vernon WFB   4901 Bandini Boulevard Vernon CA 90058 Industrial
5 Promenade at Tutwiler Farm RMF   1612 Gadsden Highway Trussville AL 35235 Retail
6 Jamboree Business Center AREF   5 Peters Canyon Road Irvine CA 92606 Office
7 Cleveland Technology Center AREF   1425, 1555 & 1625 Rockwell Avenue Cleveland OH 44114 Other
8 Five Star Self-Storage Portfolio RMF   Various Various Various Various Self Storage
8.01 Lohr Circle RMF   3060 Lohr Circle Ann Arbor MI 48108 Self Storage
8.02 Ferndale RMF   3101 Bermuda Street Ferndale MI 48357 Self Storage
8.03 Airey Court RMF   2200 Airey Court Ann Arbor MI 48103 Self Storage
8.04 Highland RMF   1555 North Milford Road Highland Township MI 48357 Self Storage
8.05 Chesterland RMF   11695 Chillicothe Road Chesterland OH 44026 Self Storage
8.06 Englewood RMF   7533 Salem Avenue Clayton OH 45315 Self Storage
8.07 Lansing RMF   2715 North Grand River Avenue Lansing MI 48906 Self Storage
9 Carrollton Avenue Shopping Center WFB   3600, 3700 & 3800 South Carrollton Avenue; 8100 Palm Street; 2 & 3900 Dublin Street New Orleans LA 70118 Retail
10 The Strand on Ocean Drive AREF   1052-1060 Ocean Drive Miami Beach FL 33139 Retail
11 Palms of Carrollwood AREF   13121 - 13169 North Dale Mabry Highway Tampa FL 33618 Retail
12 Whitehall Corporate Center VI WFB   3525 Whitehall Park Drive Charlotte NC 28273 Office
13 Britt Lakes AREF   2920 Cosmo Place Fayetteville  NC 28304 Multifamily
14 Peachtree Mall AREF   3131 Manchester Expressway Columbus GA 31909 Retail
15 Summercrest Apartments RMF   3950 Hollister Houston TX 77080 Multifamily
16 9 Barrow Owners Corp. NCB   9 Barrow Street New York NY 10014 Multifamily
17 Holiday Inn Beaumont AREF   3950 Interstate 10 South Beaumont TX 77705 Hospitality
18 Crossroads Shopping Center AREF   39405 Fremont Boulevard Fremont CA 94538 Retail
19 DoubleTree by Hilton Tempe AREF   2100 South Priest Drive Tempe AZ 85282 Hospitality
20 Beech Meadow Apartments RMF   147 Diplomat Court Beech Grove IN 46107 Multifamily
21 Brownstone Terrace AREF   301 East Brownstone Drive Bloomington  IN 47408 Multifamily
22 Holiday Inn Express & Suites Riverhead RMF   1707 Old Country Road Riverhead NY 11901 Hospitality
23 StaxUp Storage Homeland CIIICM   30630 Highway 74 Homeland CA 92548 Self Storage
24 Biltmore Apartments RMF   2300 Misty Ridge Circle Arlington TX 76011 Multifamily
25 Raghu Apartments RMF   8655 Pitner Road Houston TX 77080 Multifamily
26 Tri Retail Portfolio RMF   Various Various Various Various Retail
26.01 Target Shadow Anchored Outlot RMF   3871-3875 East Main Street St. Charles IL 60174 Retail
26.02 Sherwin Williams Anchored RMF   1475 Veterans Parkway Jeffersonville IN 47130 Retail
26.03 Promenade at Castle Rock RMF   832 New Memphis Court Castle Rock CO 80108 Retail
27 Security Public Storage - Brea WFB   502 Apollo Street Brea CA 92821 Self Storage
28 The Rochester Apartments RMF   2604 Furrs Street Arlington TX 76006 Multifamily
29 Grinnell Water Works AREF   1435 West Morehead Street Charlotte NC 28208 Office
30 Tharp Portfolio III CIIICM   Various Various IN Various Various
30.01 CVS Triangle Center CIIICM   6975 Pendelton Pike Indianapolis IN 46201 Retail
30.02 Southeastern & English CIIICM   3101-3155 English Avenue Indianapolis IN 46201 Retail
30.03 Fifth Third - Land Lease CIIICM   5902 US Highway 52 New Palestine IN 46163 Other
30.04 Dunkin Donuts - Land Lease CIIICM   3850 North Shadeland Avenue Indianapolis IN 46201 Other
31 Country Inn & Suites - Dearborn RMF   24555 Michigan Avenue Dearborn MI 48124 Hospitality
32 Oceanview Towers Inc. NCB   2652 Cropsey Avenue a/k/a 2650-2672 Cropsey Avenue a/k/a 267 Bay 44th Street Brooklyn NY 11214 Multifamily
33 Holiday Inn Express & Suites Sedalia RMF   4001 West Broadway Boulevard Sedalia MO 65301 Hospitality
34 Tulsa Shops AREF   6921, 6923, & 6925 East Admiral Place Tulsa OK 74115 Retail
35 Little York Plaza Shopping Center WFB   1409 and 1575 Little York Road Houston TX 77093 Retail
36 Haverstick Office Park WFB   8200 and 8250 Haverstick Road Indianapolis IN 46240 Office
37 118 Flats Oval AREF   1591, 1595, 1599, and 1607 East 118th Street Cleveland OH 44106 Multifamily
38 Cypress Gardens MHC RMF   1951 Lake Daisy Road Winter Haven FL 33884 Manufactured Housing Community
39 Victoria Place - CA WFB   3144-3240 Broadway Street Eureka CA 95501 Retail
40 Your Place Storage CIIICM   11820 Airline Drive Houston TX 77037 Self Storage
41 Indiana MHC Portfolio RMF   Various Various IN Various Manufactured Housing Community
41.01 Berkshire Pointe RMF   8000 Berkshire Pointe Drive New Salisbury IN 47161 Manufactured Housing Community
41.02 Amberly Pointe RMF   1232 Birchtree Lane; 1135 South Taylor Mill Road Scottsburg IN 47170 Manufactured Housing Community
42 West Wind Shopping Center WFB   5510 4th Street Lubbock TX 79416 Retail
43 Lithia Square RMF   901 Lithia Pinecrest Road Brandon FL 33511 Retail
44 Rockville Tudor Apt. Corp. NCB   12 Hempstead Avenue Rockville Centre NY 11570 Multifamily
45 60-104 Owners Corp. NCB   60-104 Pinewood Road Hartsdale NY 10530 Multifamily
46 55 Lenox Tenants Corporation NCB   55 Lenox Road Rockville Centre NY 11570 Multifamily
47 American Storage of Rockwall CIIICM   4100 East Interstate 30 Fate TX 75087 Self Storage
48 Sunset Green Housing Corporation NCB   159 Hawthorne Avenue Yonkers NY 10705 Multifamily
49 Westbrook Tenants Corporation NCB   10 Franklin Avenue and 22 Franklin Avenue White Plains NY 10601 Multifamily
50 The Offices at Johns Creek WFB   4255 & 4265 Johns Creek Parkway Suwanee GA 30024 Office
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. NCB   125 Beach 124th Street Rockaway Park NY 11694 Multifamily
52 345 Bronx River Road Owners, Inc. NCB   345 Bronx River Road Yonkers NY 10704 Multifamily
53 Leopard Mobile Home Park CIIICM   8225 Leopard Street Corpus Christi TX 78401 Manufactured Housing Community
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. NCB   2241/2257 Plumb 1st Street, a/k/a 2234/2364 Gerristen Avenue Brooklyn NY 11229 Multifamily
55 Shore Road Apartment Corporation NCB   485 Pelham Road New Rochelle NY 10805 Multifamily
56 Southridge Cooperative, Section 1, Inc. NCB   33-05 92nd Street, 33-25 92nd Street, 33-45 92nd Street, 33-04 93rd Street, 33-24 93rd Street, 33-44 93rd Street Jackson Heights NY 11372 Multifamily
57 323-325-327 West 11th Street Owners Corp. NCB   323, 325 & 327 West 11th Street New York NY 10014 Multifamily
58 156-168 East 3rd Street Owners, Inc. NCB   156-168 East 3rd Street New York NY 10019 Multifamily
59 Highland MHP CIIICM   3000 Frontage Road Reedsport OR 97467 Manufactured Housing Community
60 Airport Landing Apartments CIIICM   12211 Fondren Road Houston TX 77035 Multifamily
61 140 Sullivan Cooperative Corp. NCB   138-140 Sullivan Street New York NY 10012 Multifamily

 

A-1-1 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES  
                           
Mortgage Loan Number Property Name Specific Property Type Year
Built		 Year
Renovated		 Number of Units(2) Unit of Measure(2) Cut-off Date Balance Per Unit/SF(6) Original Balance ($)(6) Cut-off Date Balance ($)(6) % of Aggregate
Cut-off Date
Balance		 Maturity Date Payment ($) ARD Loan Origination Date
1 Hyatt Place Portfolio Limited Service Various 2015 754 Rooms 72,944 55,000,000 55,000,000 8.7% 48,103,880 N 1/17/2017
1.01 Hyatt Place Greenville Limited Service 1997 2015 126 Rooms   11,550,000 11,550,000 1.8%      
1.02 Hyatt Place Charlotte Limited Service 1996 2015 126 Rooms   11,350,000 11,350,000 1.8%      
1.03 Hyatt Place Dallas Limited Service 1996 2015 126 Rooms   9,500,000 9,500,000 1.5%      
1.04 Hyatt Place Alpharetta Limited Service 1995 2015 124 Rooms   9,300,000 9,300,000 1.5%      
1.05 Hyatt Place Topeka Limited Service 1997 2015 126 Rooms   7,000,000 7,000,000 1.1%      
1.06 Hyatt Place Roanoke Limited Service 1997 2015 126 Rooms   6,300,000 6,300,000 1.0%      
2 McLean Data Center Portfolio Data Center 1966 1998 127,796 Sq. Ft. 399 51,000,000 51,000,000 8.0% 51,000,000 N 11/23/2016
3 International Paper Global HQ Suburban 2002   214,060 Sq. Ft. 179 38,350,000 38,350,000 6.0% 35,225,495 N 12/12/2016
4 Preferred Freezer Vernon Cold Storage 2007   184,273 Sq. Ft. 179 33,000,000 33,000,000 5.2% 33,000,000 N 12/14/2016
5 Promenade at Tutwiler Farm Anchored 2000   223,153 Sq. Ft. 124 27,700,000 27,700,000 4.4% 27,700,000 N 12/8/2016
6 Jamboree Business Center Suburban 2000   156,305 Sq. Ft. 165 25,800,000 25,800,000 4.1% 25,800,000 N 2/14/2017
7 Cleveland Technology Center Data Center 1920 2015 270,185 Sq. Ft. 94 25,300,000 25,300,000 4.0% 25,300,000 N 1/25/2017
8 Five Star Self-Storage Portfolio Self Storage Various Various 392,102 Sq. Ft. 62 24,500,000 24,466,524 3.9% 20,603,496 N 2/2/2017
8.01 Lohr Circle Self Storage 1984   70,300 Sq. Ft.   5,272,000 5,264,797 0.8%      
8.02 Ferndale Self Storage 2001   59,163 Sq. Ft.   5,206,100 5,198,987 0.8%      
8.03 Airey Court Self Storage 1995 2014 63,675 Sq. Ft.   4,103,950 4,098,343 0.6%      
8.04 Highland Self Storage 1999 2015 70,864 Sq. Ft.   3,624,500 3,619,548 0.6%      
8.05 Chesterland Self Storage 1999 2016 54,205 Sq. Ft.   2,965,500 2,961,448 0.5%      
8.06 Englewood Self Storage 1987 2015 44,425 Sq. Ft.   1,977,000 1,974,299 0.3%      
8.07 Lansing Self Storage 1985   29,470 Sq. Ft.   1,350,950 1,349,104 0.2%      
9 Carrollton Avenue Shopping Center Anchored 2002   206,069 Sq. Ft. 107 22,000,000 22,000,000 3.5% 20,285,327 N 12/22/2016
10 The Strand on Ocean Drive Unanchored 1934 2011 12,661 Sq. Ft. 1,580 20,000,000 20,000,000 3.2% 18,492,922 N 2/10/2017
11 Palms of Carrollwood Anchored 1984 1993 167,887 Sq. Ft. 112 18,720,000 18,720,000 2.9% 18,720,000 N 2/14/2017
12 Whitehall Corporate Center VI Suburban 2008   116,855 Sq. Ft. 123 14,400,000 14,364,342 2.3% 11,901,762 N 12/19/2016
13 Britt Lakes Garden 2006   216 Units 62,963 13,600,000 13,600,000 2.1% 11,580,642 N 10/31/2016
14 Peachtree Mall Regional Mall 1975 1994 536,202 Sq. Ft. 147 11,555,560 11,352,804 1.8% 8,495,891 N 7/1/2016
15 Summercrest Apartments Garden 1970 2016 355 Units 31,972 11,350,000 11,350,000 1.8% 9,671,282 N 12/23/2016
16 9 Barrow Owners Corp. Cooperative 1897 2011 80 Units 137,500 11,000,000 11,000,000 1.7% 11,000,000 N 2/9/2017
17 Holiday Inn Beaumont Full Service 1983 2016 253 Rooms 39,526 10,000,000 10,000,000 1.6% 8,259,430 N 2/10/2017
18 Crossroads Shopping Center Anchored 1984   36,576 Sq. Ft. 273 10,000,000 9,970,644 1.6% 8,506,891 N 12/2/2016
19 DoubleTree by Hilton Tempe Full Service 1974 2016 270 Rooms 76,051 9,600,000 9,569,103 1.5% 8,049,589 N 11/21/2016
20 Beech Meadow Apartments Garden 1971   272 Units 34,926 9,500,000 9,500,000 1.5% 8,342,601 N 2/10/2017
21 Brownstone Terrace Student Housing 1985   121 Units 77,987 9,450,000 9,436,374 1.5% 7,824,834 N 2/3/2017
22 Holiday Inn Express & Suites Riverhead Limited Service 2005   89 Rooms 100,980 9,000,000 8,987,193 1.4% 7,480,553 N 2/3/2017
23 StaxUp Storage Homeland Self Storage 2004   91,354 Sq. Ft. 93 8,550,000 8,537,726 1.3% 7,088,608 N 1/17/2017
24 Biltmore Apartments Garden 1979   186 Units 45,699 8,500,000 8,500,000 1.3% 7,736,143 N 12/28/2016
25 Raghu Apartments Garden 1970   234 Units 36,004 8,425,000 8,425,000 1.3% 7,180,905 N 12/23/2016
26 Tri Retail Portfolio Shadow Anchored Various   23,807 Sq. Ft. 351 8,350,000 8,350,000 1.3% 7,508,656 N 12/15/2016
26.01 Target Shadow Anchored Outlot Shadow Anchored 2016   8,486 Sq. Ft.   3,000,000 3,000,000 0.5%      
26.02 Sherwin Williams Anchored Shadow Anchored 2013   9,498 Sq. Ft.   2,900,000 2,900,000 0.5%      
26.03 Promenade at Castle Rock Shadow Anchored 2015   5,823 Sq. Ft.   2,450,000 2,450,000 0.4%      
27 Security Public Storage - Brea Self Storage 1978   77,292 Sq. Ft. 102 7,900,000 7,888,221 1.2% 6,478,283 N 2/1/2017
28 The Rochester Apartments Garden 1980   168 Units 43,155 7,250,000 7,250,000 1.1% 6,596,152 N 12/28/2016
29 Grinnell Water Works Suburban 1930 2001 52,377 Sq. Ft. 135 7,080,000 7,080,000 1.1% 7,080,000 N 12/21/2016
30 Tharp Portfolio III Various Various Various 29,826 Sq. Ft. 226 6,750,000 6,750,000 1.1% 5,601,929 N 2/14/2017
30.01 CVS Triangle Center Single Tenant 2006   12,900 Sq. Ft.   2,975,000 2,975,000 0.5%      
30.02 Southeastern & English Unanchored 1999 2017 16,926 Sq. Ft.   2,157,000 2,157,000 0.3%      
30.03 Fifth Third - Land Lease Leased Fee     0 Sq. Ft.   1,110,000 1,110,000 0.2%      
30.04 Dunkin Donuts - Land Lease Leased Fee     0 Sq. Ft.   508,000 508,000 0.1%      
31 Country Inn & Suites - Dearborn Limited Service 2013   100 Rooms 64,909 6,500,000 6,490,909 1.0% 5,429,623 N 2/9/2017
32 Oceanview Towers Inc. Cooperative 1967 2014 160 Units 38,061 6,100,000 6,089,709 1.0% 5,430,233 N 12/14/2016
33 Holiday Inn Express & Suites Sedalia Limited Service 2008   76 Rooms 78,834 6,000,000 5,991,406 0.9% 4,977,612 N 2/9/2017
34 Tulsa Shops Anchored 1975 2014 91,907 Sq. Ft. 62 5,662,000 5,662,000 0.9% 4,901,665 N 2/9/2017
35 Little York Plaza Shopping Center Anchored 1968 1993 113,878 Sq. Ft. 49 5,581,000 5,581,000 0.9% 5,581,000 N 1/24/2017
36 Haverstick Office Park Suburban 1982 2013 80,696 Sq. Ft. 68 5,460,000 5,460,000 0.9% 4,849,189 N 12/22/2016
37 118 Flats Oval Garden 2016   32 Units 170,313 5,450,000 5,450,000 0.9% 4,861,578 N 2/14/2017
38 Cypress Gardens MHC Manufactured Housing Community 1971   269 Pads 18,545 5,000,000 4,988,667 0.8% 4,202,681 N 12/22/2016
39 Victoria Place - CA Unanchored 1989   42,595 Sq. Ft. 113 4,800,000 4,800,000 0.8% 4,129,924 N 12/1/2016
40 Your Place Storage Self Storage 1973 2015 80,354 Sq. Ft. 59 4,775,000 4,775,000 0.8% 4,158,308 N 12/12/2016
41 Indiana MHC Portfolio Manufactured Housing Community Various Various 230 Pads 20,390 4,700,000 4,689,690 0.7% 3,974,271 N 12/22/2016
41.01 Berkshire Pointe Manufactured Housing Community 1985 2005 115 Pads   2,467,500 2,462,087 0.4%      
41.02 Amberly Pointe Manufactured Housing Community 1998   115 Pads   2,232,500 2,227,603 0.4%      
42 West Wind Shopping Center Anchored 2005   41,086 Sq. Ft. 104 4,275,000 4,275,000 0.7% 4,275,000 N 2/1/2017
43 Lithia Square Anchored 1982   69,007 Sq. Ft. 58 4,000,000 3,990,570 0.6% 3,337,484 N 1/11/2017
44 Rockville Tudor Apt. Corp. Cooperative 1929 2011 78 Units 48,718 3,800,000 3,800,000 0.6% 3,012,093 N 2/10/2017
45 60-104 Owners Corp. Cooperative 1941 1996 89 Units 37,577 3,350,000 3,344,361 0.5% 2,983,036 N 12/20/2016
46 55 Lenox Tenants Corporation Cooperative 1961 2016 63 Units 52,214 3,300,000 3,289,484 0.5% 2,584,600 N 12/29/2016
47 American Storage of Rockwall Self Storage 1999   48,250 Sq. Ft. 65 3,112,500 3,112,500 0.5% 2,721,945 N 12/7/2016
48 Sunset Green Housing Corporation Cooperative 1960 1996 69 Units 43,353 3,000,000 2,991,381 0.5% 2,404,890 N 12/29/2016
49 Westbrook Tenants Corporation Cooperative 1952 2011 87 Units 34,381 3,000,000 2,991,111 0.5% 2,388,720 N 12/22/2016
50 The Offices at Johns Creek Medical 2004   21,947 Sq. Ft. 132 2,900,000 2,893,118 0.5% 2,416,666 N 1/11/2017
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. Cooperative 1960 2013 67 Units 42,340 2,850,000 2,836,811 0.4% 2,233,099 N 11/30/2016
52 345 Bronx River Road Owners, Inc. Cooperative 1958 2002 87 Units 28,736 2,500,000 2,500,000 0.4% 2,005,893 N 2/8/2017
53 Leopard Mobile Home Park Manufactured Housing Community 1969 2015 184 Pads 13,288 2,445,000 2,445,000 0.4% 2,095,461 N 2/13/2017
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. Cooperative 1956 2006 107 Units 19,606 2,100,000 2,097,823 0.3% 1,863,912 N 1/31/2017
55 Shore Road Apartment Corporation Cooperative 1930 2004 59 Units 35,487 2,100,000 2,093,717 0.3% 1,668,501 N 12/22/2016
56 Southridge Cooperative, Section 1, Inc. Cooperative 1957 1999 359 Units 5,571 2,000,000 2,000,000 0.3% 9,262 N 2/3/2017
57 323-325-327 West 11th Street Owners Corp. Cooperative 1900 2006 36 Units 44,373 1,600,000 1,597,415 0.3% 1,281,627 N 1/31/2017
58 156-168 East 3rd Street Owners, Inc. Cooperative 1940 2012 60 Units 26,622 1,600,000 1,597,349 0.3% 1,272,083 N 1/30/2017
59 Highland MHP Manufactured Housing Community 1962 2015 74 Pads 19,212 1,425,000 1,421,701 0.2% 1,193,025 N 12/15/2016
60 Airport Landing Apartments Garden 1983 1998 240 Units 5,875 3,600,000 1,410,079 0.2% 158,742 N 5/31/2001
61 140 Sullivan Cooperative Corp. Cooperative 1868 2010 9 Units 111,111 1,000,000 1,000,000 0.2% 1,000,000 N 2/1/2017

 

A-1-2 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                           
Mortgage Loan Number Property Name 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 Operating Advisor Ongoing Fee Rate Certificate Administrator Fee Rate Servicing Fee CREFC® IP Royalty License Fee Rate Asset Representations Reviewer Fee Rate Net Mortgage Rate
1 Hyatt Place Portfolio 3/6/2017 2/6/2019 3/6/2019 2/6/2027   5.44000% 0.00240% 0.01030% 0.02250% 0.00050% 0.00043% 5.40387%
1.01 Hyatt Place Greenville                        
1.02 Hyatt Place Charlotte                        
1.03 Hyatt Place Dallas                        
1.04 Hyatt Place Alpharetta                        
1.05 Hyatt Place Topeka                        
1.06 Hyatt Place Roanoke                        
2 McLean Data Center Portfolio 1/11/2017 12/11/2021   12/11/2021   4.57000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.55137%
3 International Paper Global HQ 2/11/2017 1/11/2022 2/11/2022 1/11/2027   4.74000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.72137%
4 Preferred Freezer Vernon 2/11/2017 1/11/2027   1/11/2027   4.89000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.87137%
5 Promenade at Tutwiler Farm 1/6/2017 12/6/2026   12/6/2026   4.95000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.93137%
6 Jamboree Business Center 4/6/2017 3/6/2027   3/6/2027   4.60500% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.58637%
7 Cleveland Technology Center 3/6/2017 2/6/2022   2/6/2022   4.56000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.54137%
8 Five Star Self-Storage Portfolio 3/6/2017   3/6/2017 2/6/2027   5.73000% 0.00240% 0.01030% 0.03250% 0.00050% 0.00043% 5.68387%
8.01 Lohr Circle                        
8.02 Ferndale                        
8.03 Airey Court                        
8.04 Highland                        
8.05 Chesterland                        
8.06 Englewood                        
8.07 Lansing                        
9 Carrollton Avenue Shopping Center 2/11/2017 1/11/2022 2/11/2022 1/11/2027   4.99000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.97137%
10 The Strand on Ocean Drive 4/6/2017 3/6/2022 4/6/2022 3/6/2027   5.17000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.15137%
11 Palms of Carrollwood 4/6/2017 3/6/2027   3/6/2027   4.73000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.71137%
12 Whitehall Corporate Center VI 2/11/2017   2/11/2017 1/11/2027   5.17000% 0.00240% 0.01030% 0.01750% 0.00050% 0.00043% 5.13887%
13 Britt Lakes 12/6/2016 11/6/2018 12/6/2018 11/6/2026   4.39000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.37137%
14 Peachtree Mall 7/6/2016   7/6/2016 12/6/2025   3.94400% 0.00000% 0.01030% 0.00500% 0.00050% 0.00043% 3.92777%
15 Summercrest Apartments 2/6/2017 1/6/2018 2/6/2018 1/6/2027   5.33000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.31137%
16 9 Barrow Owners Corp. 4/1/2017 3/1/2027   3/1/2027   3.96000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.86637%
17 Holiday Inn Beaumont 4/6/2017   4/6/2017 3/6/2027   5.14000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.12137%
18 Crossroads Shopping Center 1/6/2017   1/6/2017 12/6/2026   6.11100% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 6.09237%
19 DoubleTree by Hilton Tempe 1/6/2017   1/6/2017 12/6/2026   5.62700% 0.00000% 0.01030% 0.00500% 0.00050% 0.00043% 5.61077%
20 Beech Meadow Apartments 3/6/2017 2/6/2019 3/6/2019 2/6/2027   5.61000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.59137%
21 Brownstone Terrace 3/6/2017   3/6/2017 2/6/2027   5.23000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.21137%
22 Holiday Inn Express & Suites Riverhead 3/6/2017   3/6/2017 2/6/2027   5.35000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.33137%
23 StaxUp Storage Homeland 3/11/2017   3/11/2017 2/11/2027   5.27000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.25137%
24 Biltmore Apartments 2/6/2017 1/6/2021 2/6/2021 1/6/2027   5.37000% 0.00240% 0.01030% 0.04250% 0.00050% 0.00043% 5.31387%
25 Raghu Apartments 2/6/2017 1/6/2018 2/6/2018 1/6/2027   5.34000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.32137%
26 Tri Retail Portfolio 2/6/2017 1/6/2020 2/6/2020 1/6/2027   5.75000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.73137%
26.01 Target Shadow Anchored Outlot                        
26.02 Sherwin Williams Anchored                        
26.03 Promenade at Castle Rock                        
27 Security Public Storage - Brea 3/11/2017   3/11/2017 2/11/2027   4.93000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.91137%
28 The Rochester Apartments 2/6/2017 1/6/2021 2/6/2021 1/6/2027   5.35000% 0.00240% 0.01030% 0.04250% 0.00050% 0.00043% 5.29387%
29 Grinnell Water Works 2/6/2017 1/6/2027   1/6/2027   4.98000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.96137%
30 Tharp Portfolio III 4/11/2017   4/11/2017 3/11/2027   5.29000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.27137%
30.01 CVS Triangle Center                        
30.02 Southeastern & English                        
30.03 Fifth Third - Land Lease                        
30.04 Dunkin Donuts - Land Lease                        
31 Country Inn & Suites - Dearborn 3/6/2017   3/6/2017 2/6/2027   5.51000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.49137%
32 Oceanview Towers Inc. 2/1/2017   2/1/2017 1/1/2027   4.31000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.21637%
33 Holiday Inn Express & Suites Sedalia 3/6/2017   3/6/2017 2/6/2027   5.29000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.27137%
34 Tulsa Shops 4/6/2017 3/6/2019 4/6/2019 3/6/2027   5.01500% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.99637%
35 Little York Plaza Shopping Center 3/11/2017 2/11/2027   2/11/2027   4.79000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.77137%
36 Haverstick Office Park 2/11/2017 1/11/2020 2/11/2020 1/11/2027   5.15000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.13137%
37 118 Flats Oval 4/6/2017 3/6/2020 4/6/2020 3/6/2027   5.36000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.34137%
38 Cypress Gardens MHC 2/6/2017   2/6/2017 1/6/2027   5.71000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.69137%
39 Victoria Place - CA 1/11/2017 12/11/2018 1/11/2019 12/11/2026   4.78000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 4.76137%
40 Your Place Storage 2/11/2017 1/11/2019 2/11/2019 1/11/2027   5.26000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.24137%
41 Indiana MHC Portfolio 2/6/2017   2/6/2017 1/6/2027   5.91000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.89137%
41.01 Berkshire Pointe                        
41.02 Amberly Pointe                        
42 West Wind Shopping Center 3/11/2017 2/11/2027   2/11/2027   4.76000% 0.00240% 0.01030% 0.08250% 0.00050% 0.00043% 4.66387%
43 Lithia Square 2/6/2017   2/6/2017 1/6/2027   5.47000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.45137%
44 Rockville Tudor Apt. Corp. 4/1/2017   4/1/2017 3/1/2027   3.94000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.84637%
45 60-104 Owners Corp. 2/1/2017   2/1/2017 1/1/2027   4.32000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.22637%
46 55 Lenox Tenants Corporation 2/1/2017   2/1/2017 1/1/2027   3.62000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.52637%
47 American Storage of Rockwall 1/11/2017 12/11/2018 1/11/2019 12/11/2026   5.43000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.41137%
48 Sunset Green Housing Corporation 2/1/2017   2/1/2017 1/1/2027   4.26000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.16637%
49 Westbrook Tenants Corporation 2/1/2017   2/1/2017 1/1/2027   4.07000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.97637%
50 The Offices at Johns Creek 2/11/2017   2/11/2017 1/11/2027   5.43000% 0.00240% 0.01030% 0.08250% 0.00050% 0.00043% 5.33387%
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 1/1/2017   1/1/2017 12/1/2026   3.63000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.53637%
52 345 Bronx River Road Owners, Inc. 4/1/2017   4/1/2017 3/1/2027   4.28000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.18637%
53 Leopard Mobile Home Park 4/11/2017 3/11/2018 4/11/2018 3/11/2027   5.53000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.51137%
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 3/1/2017   3/1/2017 2/1/2027   4.21000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.11637%
55 Shore Road Apartment Corporation 2/1/2017   2/1/2017 1/1/2027   4.01000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.91637%
56 Southridge Cooperative, Section 1, Inc. 4/1/2017   4/1/2017 3/1/2027   4.28000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.18637%
57 323-325-327 West 11th Street Owners Corp. 3/1/2017   3/1/2017 2/1/2027   4.24000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.14637%
58 156-168 East 3rd Street Owners, Inc. 3/1/2017   3/1/2017 2/1/2027   4.03000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 3.93637%
59 Highland MHP 2/11/2017   2/11/2017 1/11/2027   5.58000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 5.56137%
60 Airport Landing Apartments 7/1/2001   7/1/2001 6/1/2021   8.04000% 0.00240% 0.01030% 0.00500% 0.00050% 0.00043% 8.02137%
61 140 Sullivan Cooperative Corp. 3/1/2017 2/1/2027   2/1/2027   4.53000% 0.00240% 0.01030% 0.08000% 0.00050% 0.00043% 4.43637%

 

A-1-3 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
Mortgage Loan Number Property Name Interest Accrual Method Monthly P&I Payment ($) Amortization Type Interest Accrual Method During IO Original Term to Maturity (Mos.) Remaining Term to Maturity (Mos.) Original IO
Period (Mos.)		 Remaining IO
Period (Mos.)		 Original Amort Term (Mos.) Remaining Amort Term (Mos.) Seasoning
1 Hyatt Place Portfolio Actual/360 310,216.63 Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1
1.01 Hyatt Place Greenville                      
1.02 Hyatt Place Charlotte                      
1.03 Hyatt Place Dallas                      
1.04 Hyatt Place Alpharetta                      
1.05 Hyatt Place Topeka                      
1.06 Hyatt Place Roanoke                      
2 McLean Data Center Portfolio Actual/360 196,922.57 Interest-only, Balloon Actual/360 60 57 60 57 0 0 3
3 International Paper Global HQ Actual/360 199,820.66 Interest-only, Amortizing Balloon Actual/360 120 118 60 58 360 360 2
4 Preferred Freezer Vernon Actual/360 136,342.71 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2
5 Promenade at Tutwiler Farm Actual/360 115,849.48 Interest-only, Balloon Actual/360 120 117 120 117 0 0 3
6 Jamboree Business Center Actual/360 100,382.60 Interest-only, Balloon Actual/360 120 120 120 120 0 0 0
7 Cleveland Technology Center Actual/360 97,475.28 Interest-only, Balloon Actual/360 60 59 60 59 0 0 1
8 Five Star Self-Storage Portfolio Actual/360 142,664.22 Amortizing Balloon   120 119 0 0 360 359 1
8.01 Lohr Circle                      
8.02 Ferndale                      
8.03 Airey Court                      
8.04 Highland                      
8.05 Chesterland                      
8.06 Englewood                      
8.07 Lansing                      
9 Carrollton Avenue Shopping Center Actual/360 117,966.34 Interest-only, Amortizing Balloon Actual/360 120 118 60 58 360 360 2
10 The Strand on Ocean Drive Actual/360 109,451.82 Interest-only, Amortizing Balloon Actual/360 120 120 60 60 360 360 0
11 Palms of Carrollwood Actual/360 74,812.83 Interest-only, Balloon Actual/360 120 120 120 120 0 0 0
12 Whitehall Corporate Center VI Actual/360 78,805.31 Amortizing Balloon   120 118 0 0 360 358 2
13 Britt Lakes Actual/360 68,023.17 Interest-only, Amortizing Balloon Actual/360 120 116 24 20 360 360 4
14 Peachtree Mall Actual/360 60,637.77 Amortizing Balloon   114 105 0 0 300 291 9
15 Summercrest Apartments Actual/360 63,238.69 Interest-only, Amortizing Balloon Actual/360 120 118 12 10 360 360 2
16 9 Barrow Owners Corp. Actual/360 36,804.17 Interest-only, Balloon Actual/360 120 120 120 120 0 0 0
17 Holiday Inn Beaumont Actual/360 54,541.03 Amortizing Balloon   120 120 0 0 360 360 0
18 Crossroads Shopping Center Actual/360 60,670.55 Amortizing Balloon   120 117 0 0 360 357 3
19 DoubleTree by Hilton Tempe Actual/360 55,275.14 Amortizing Balloon   120 117 0 0 360 357 3
20 Beech Meadow Apartments Actual/360 54,597.42 Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1
21 Brownstone Terrace Actual/360 52,066.25 Amortizing Balloon   120 119 0 0 360 359 1
22 Holiday Inn Express & Suites Riverhead Actual/360 50,257.23 Amortizing Balloon   120 119 0 0 360 359 1
23 StaxUp Storage Homeland Actual/360 47,319.39 Amortizing Balloon   120 119 0 0 360 359 1
24 Biltmore Apartments Actual/360 47,571.06 Interest-only, Amortizing Balloon Actual/360 120 118 48 46 360 360 2
25 Raghu Apartments Actual/360 46,993.91 Interest-only, Amortizing Balloon Actual/360 120 118 12 10 360 360 2
26 Tri Retail Portfolio Actual/360 48,728.33 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360 360 2
26.01 Target Shadow Anchored Outlot                      
26.02 Sherwin Williams Anchored                      
26.03 Promenade at Castle Rock                      
27 Security Public Storage - Brea Actual/360 42,071.58 Amortizing Balloon   120 119 0 0 360 359 1
28 The Rochester Apartments Actual/360 40,484.99 Interest-only, Amortizing Balloon Actual/360 120 118 48 46 360 360 2
29 Grinnell Water Works Actual/360 29,790.08 Interest-only, Balloon Actual/360 120 118 120 118 0 0 2
30 Tharp Portfolio III Actual/360 37,441.16 Amortizing Balloon   120 120 0 0 360 360 0
30.01 CVS Triangle Center                      
30.02 Southeastern & English                      
30.03 Fifth Third - Land Lease                      
30.04 Dunkin Donuts - Land Lease                      
31 Country Inn & Suites - Dearborn Actual/360 36,947.08 Amortizing Balloon   120 119 0 0 360 359 1
32 Oceanview Towers Inc. Actual/360 26,682.80 Amortizing Balloon   120 118 0 0 480 478 2
33 Holiday Inn Express & Suites Sedalia Actual/360 33,281.03 Amortizing Balloon   120 119 0 0 360 359 1
34 Tulsa Shops Actual/360 30,446.77 Interest-only, Amortizing Balloon Actual/360 120 120 24 24 360 360 0
35 Little York Plaza Shopping Center Actual/360 22,586.90 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1
36 Haverstick Office Park Actual/360 29,813.03 Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360 360 2
37 118 Flats Oval Actual/360 30,467.49 Interest-only, Amortizing Balloon Actual/360 120 120 36 36 360 360 0
38 Cypress Gardens MHC Actual/360 29,051.71 Amortizing Balloon   120 118 0 0 360 358 2
39 Victoria Place - CA Actual/360 25,125.94 Interest-only, Amortizing Balloon Actual/360 120 117 24 21 360 360 3
40 Your Place Storage Actual/360 26,397.31 Interest-only, Amortizing Balloon Actual/360 120 118 24 22 360 360 2
41 Indiana MHC Portfolio Actual/360 27,907.50 Amortizing Balloon   120 118 0 0 360 358 2
41.01 Berkshire Pointe                      
41.02 Amberly Pointe                      
42 West Wind Shopping Center Actual/360 17,193.02 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1
43 Lithia Square Actual/360 22,636.33 Amortizing Balloon   120 118 0 0 360 358 2
44 Rockville Tudor Apt. Corp. Actual/360 18,010.58 Amortizing Balloon   120 120 0 0 360 360 0
45 60-104 Owners Corp. Actual/360 14,674.95 Amortizing Balloon   120 118 0 0 480 478 2
46 55 Lenox Tenants Corporation Actual/360 15,040.41 Amortizing Balloon   120 118 0 0 360 358 2
47 American Storage of Rockwall Actual/360 17,535.98 Interest-only, Amortizing Balloon Actual/360 120 117 24 21 360 360 3
48 Sunset Green Housing Corporation Actual/360 14,775.76 Amortizing Balloon   120 118 0 0 360 358 2
49 Westbrook Tenants Corporation Actual/360 14,443.79 Amortizing Balloon   120 118 0 0 360 358 2
50 The Offices at Johns Creek Actual/360 16,338.74 Amortizing Balloon   120 118 0 0 360 358 2
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. Actual/360 13,005.48 Amortizing Balloon   120 117 0 0 360 357 3
52 345 Bronx River Road Owners, Inc. Actual/360 12,342.44 Amortizing Balloon   120 120 0 0 360 360 0
53 Leopard Mobile Home Park Actual/360 13,928.50 Interest-only, Amortizing Balloon Actual/360 120 120 12 12 360 360 0
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. Actual/360 9,052.96 Amortizing Balloon   120 119 0 0 480 479 1
55 Shore Road Apartment Corporation Actual/360 10,037.83 Amortizing Balloon   120 118 0 0 360 358 2
56 Southridge Cooperative, Section 1, Inc. Actual/360 20,516.24 Fully Amortizing   120 120 0 0 120 120 0
57 323-325-327 West 11th Street Owners Corp. Actual/360 7,861.67 Amortizing Balloon   120 119 0 0 360 359 1
58 156-168 East 3rd Street Owners, Inc. Actual/360 7,666.34 Amortizing Balloon   120 119 0 0 360 359 1
59 Highland MHP Actual/360 8,162.66 Amortizing Balloon   120 118 0 0 360 358 2
60 Airport Landing Apartments Actual/360 30,201.52 Fully Amortizing   240 51 0 0 240 51 189
61 140 Sullivan Cooperative Corp. Actual/360 3,827.43 Interest-only, Balloon Actual/360 120 119 120 119 0 0 1

 

A-1-4 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                           
Mortgage Loan Number Property Name Prepayment Provisions(3) Grace Period Default (Days)(4) Grace Period Late (Days) Appraised Value ($)(5) Appraisal Date Coop -Rental Value  Coop - LTV as Rental  Coop - Unsold Percent  Coop - Sponsor Units  Coop - Investor Units  Coop -
Coop Units		 Coop - Sponsor/Investor Carry
1 Hyatt Place Portfolio L(23),GRTR 1% or YM(90),O(7) 0 0 85,100,000 11/30/2016              
1.01 Hyatt Place Greenville       17,600,000 11/30/2016              
1.02 Hyatt Place Charlotte       17,700,000 11/30/2016              
1.03 Hyatt Place Dallas       15,000,000 11/30/2016              
1.04 Hyatt Place Alpharetta       13,900,000 11/30/2016              
1.05 Hyatt Place Topeka       10,800,000 11/30/2016              
1.06 Hyatt Place Roanoke       10,100,000 11/30/2016              
2 McLean Data Center Portfolio L(27),D(29),O(4) 0 0 85,000,000 11/2/2016              
3 International Paper Global HQ L(26),GRTR 1% or YM(90),O(4) 0 5 58,270,000 10/20/2016              
4 Preferred Freezer Vernon L(26),D(90),O(4) 0 5 58,000,000 10/12/2016              
5 Promenade at Tutwiler Farm L(24),GRTR 1% or YM(92),O(4) 0 0 43,000,000 11/2/2016              
6 Jamboree Business Center L(24),D(91),O(5) 0 0 42,300,000 1/27/2017              
7 Cleveland Technology Center L(25),D(31),O(4) 0 0 61,000,000 12/20/2016              
8 Five Star Self-Storage Portfolio L(25),D(91),O(4) 0 0 38,100,000 Various              
8.01 Lohr Circle       8,300,000 11/23/2016              
8.02 Ferndale       8,050,000 11/23/2016              
8.03 Airey Court       6,450,000 11/23/2016              
8.04 Highland       5,700,000 11/23/2016              
8.05 Chesterland       4,500,000 11/18/2016              
8.06 Englewood       3,000,000 11/15/2016              
8.07 Lansing       2,100,000 11/23/2016              
9 Carrollton Avenue Shopping Center L(26),D(90),O(4) 0 0 38,320,000 11/25/2016              
10 The Strand on Ocean Drive L(24),D(92),O(4) 0 0 33,000,000 10/23/2016              
11 Palms of Carrollwood L(24),D(93),O(3) 0 0 33,000,000 12/12/2016              
12 Whitehall Corporate Center VI L(26),D(90),O(4) 0 5 20,500,000 9/1/2017              
13 Britt Lakes L(28),D(87),O(5) 0 15 18,435,000 9/28/2016              
14 Peachtree Mall L(33),D(77),O(4) 0 0 140,000,000 9/1/2016              
15 Summercrest Apartments L(26),D(90),O(4) 0 0 17,130,000 11/2/2016              
16 9 Barrow Owners Corp. GRTR 1% or YM(113),1%(3),O(4) 10 10 83,200,000 12/21/2016 60,000,000 18.3% 7.5% 1 5 0 137,751
17 Holiday Inn Beaumont L(24),D(92),O(4) 0 0 18,000,000 12/19/2016              
18 Crossroads Shopping Center L(27),D(90),O(3) 0 0 16,000,000 11/8/2016              
19 DoubleTree by Hilton Tempe L(27),D(90),O(3) 0 0 32,300,000 10/25/2016              
20 Beech Meadow Apartments L(25),D(91),O(4) 0 0 14,500,000 1/3/2017              
21 Brownstone Terrace L(25),D(91),O(4) 0 0 13,500,000 9/20/2016              
22 Holiday Inn Express & Suites Riverhead L(25),D(91),O(4) 0 0 16,500,000 1/1/2018              
23 StaxUp Storage Homeland L(25),D(92),O(3) 0 0 15,370,000 11/3/2016              
24 Biltmore Apartments L(23),GRTR 1% or YM(93),O(4) 0 0 13,000,000 12/5/2016              
25 Raghu Apartments L(26),D(90),O(4) 0 0 13,070,000 11/3/2016              
26 Tri Retail Portfolio L(26),D(90),O(4) 0 0 13,110,000 Various              
26.01 Target Shadow Anchored Outlot       5,050,000 11/16/2016              
26.02 Sherwin Williams Anchored       4,160,000 11/18/2016              
26.03 Promenade at Castle Rock       3,900,000 11/15/2016              
27 Security Public Storage - Brea L(25),GRTR 1% or YM or D(88),O(7) 0 0 13,350,000 12/9/2016              
28 The Rochester Apartments L(23),GRTR 1% or YM(93),O(4) 0 0 11,500,000 12/5/2016              
29 Grinnell Water Works L(12),GRTR 1% or YM(104),O(4) 0 0 12,400,000 12/7/2016              
30 Tharp Portfolio III L(24),D(93),O(3) 0 0 10,640,000 Various              
30.01 CVS Triangle Center       4,690,000 8/4/2016              
30.02 Southeastern & English       3,400,000 11/30/2016              
30.03 Fifth Third - Land Lease       1,750,000 7/29/2016              
30.04 Dunkin Donuts - Land Lease       800,000 8/4/2016              
31 Country Inn & Suites - Dearborn L(25),D(91),O(4) 0 0 9,300,000 1/1/2017              
32 Oceanview Towers Inc. GRTR 1% or YM(113),1%(3),O(4) 10 10 52,680,000 11/9/2016 49,000,000 12.4% 4.4% 0 0 7  
33 Holiday Inn Express & Suites Sedalia L(25),D(91),O(4) 0 0 8,900,000 11/28/2016              
34 Tulsa Shops L(24),D(92),O(4) 0 0 7,700,000 12/20/2016              
35 Little York Plaza Shopping Center L(25),D(91),O(4) 0 5 9,760,000 11/29/2016              
36 Haverstick Office Park L(26),D(90),O(4) 0 5 7,900,000 11/22/2016              
37 118 Flats Oval L(24),D(93),O(3) 0 0 8,100,000 1/13/2017              
38 Cypress Gardens MHC L(26),D(90),O(4) 0 0 7,910,000 9/29/2016              
39 Victoria Place - CA L(27),D(89),O(4) 0 5 7,100,000 9/17/2016              
40 Your Place Storage L(26),D(91),O(3) 0 0 6,750,000 10/25/2016              
41 Indiana MHC Portfolio L(26),D(90),O(4) 0 0 6,370,000 11/7/2016              
41.01 Berkshire Pointe       3,290,000 11/7/2016              
41.02 Amberly Pointe       3,080,000 11/7/2016              
42 West Wind Shopping Center L(25),D(91),O(4) 0 0 7,650,000 12/4/2016              
43 Lithia Square L(26),D(89),O(5) 0 0 7,475,000 10/20/2016              
44 Rockville Tudor Apt. Corp. GRTR 1% or YM(113),1%(3),O(4) 10 10 13,200,000 12/5/2016 12,350,000 30.8% 3.8% 3 0 0 (10,878)
45 60-104 Owners Corp. GRTR 1% or YM(113),1%(3),O(4) 10 10 20,525,000 11/3/2016 20,500,000 16.3% 6.7% 6 0 0 55,962
46 55 Lenox Tenants Corporation GRTR 1% or YM(113),1%(3),O(4) 10 10 18,000,000 11/2/2016 20,000,000 16.4% 1.6% 1 0 0 3,288
47 American Storage of Rockwall L(27),D(90),O(3) 0 0 4,350,000 11/2/2016              
48 Sunset Green Housing Corporation GRTR 1% or YM(113),1%(3),O(4) 10 10 10,800,000 7/12/2016 10,000,000 29.9% 5.8% 0 0 4  
49 Westbrook Tenants Corporation GRTR 1% or YM(113),1%(3),O(4) 10 10 20,300,000 10/18/2016 21,300,000 14.0% 19.5% 12 3 2 NAV
50 The Offices at Johns Creek L(26),GRTR 1% or YM(90),O(4) 0 0 4,150,000 11/18/2016              
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. GRTR 1% or YM(113),1%(3),O(4) 10 10 16,340,000 10/13/2016 15,100,000 18.8% 0.0% 0 0 0  
52 345 Bronx River Road Owners, Inc. GRTR 1% or YM(113),1%(3),O(4) 10 10 12,650,000 1/10/2017 10,050,000 24.9% 39.1% 34 0 0 227,602
53 Leopard Mobile Home Park L(24),D(93),O(3) 0 0 3,920,000 12/15/2016              
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. GRTR 1% or YM(113),1%(3),O(4) 10 10 17,350,000 12/8/2016 12,000,000 17.5% 1.9% 0 0 2  
55 Shore Road Apartment Corporation GRTR 1% or YM(113),1%(3),O(4) 10 10 8,790,000 11/1/2016 8,350,000 25.1% 10.2% 6 0 0 (8,062)
56 Southridge Cooperative, Section 1, Inc. GRTR 1% or YM(113),1%(3),O(4) 10 10 83,900,000 1/24/2017 80,540,000 2.5% 0.6% 0 0 2  
57 323-325-327 West 11th Street Owners Corp. GRTR 1% or YM(113),1%(3),O(4) 10 10 32,660,000 12/29/2016 20,100,000 7.9% 30.6% 11 0 0 (38,111)
58 156-168 East 3rd Street Owners, Inc. GRTR 1% or YM(113),1%(3),O(4) 10 10 46,800,000 1/5/2017 28,600,000 5.6% 45.0% 27 0 0 677,697
59 Highland MHP L(26),D(91),O(3) 0 0 2,000,000 11/8/2016              
60 Airport Landing Apartments L(35),GRTR 1% or YM(201),O(4) 5 5 9,740,000 1/19/2017              
61 140 Sullivan Cooperative Corp. GRTR 1% or YM(113),1%(3),O(4) 10 10 29,400,000 2/16/2016 16,150,000 6.2% 0.0% 0 0 0  

  

A-1-5 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
Mortgage Loan Number Property Name Coop - Committed Secondary Debt U/W NOI
DSCR (x)(6)(7)		 U/W NCF
DSCR (x)(6)(7)		 Cut-off Date LTV Ratio(5)(6)(7) LTV Ratio at Maturity(5)(6)(7) Cut-off Date U/W NOI Debt Yield(6)(7) Cut-off Date U/W NCF Debt Yield(6)(7) U/W
Revenues ($)(2)(8)		 U/W
Expenses ($)		 U/W Net Operating Income ($) U/W
Replacement ($)
1 Hyatt Place Portfolio   2.03 1.78 64.6% 56.5% 13.7% 12.0% 22,933,298 15,394,999 7,538,300 917,332
1.01 Hyatt Place Greenville               4,028,667 2,474,372 1,554,295 161,147
1.02 Hyatt Place Charlotte               4,184,447 2,673,412 1,511,035 167,378
1.03 Hyatt Place Dallas               4,003,846 2,692,740 1,311,107 160,154
1.04 Hyatt Place Alpharetta               4,060,776 2,706,083 1,354,692 162,431
1.05 Hyatt Place Topeka               3,543,086 2,558,055 985,031 141,723
1.06 Hyatt Place Roanoke               3,112,476 2,290,337 822,139 124,499
2 McLean Data Center Portfolio   2.44 2.32 60.0% 60.0% 11.3% 10.8% 7,292,181 1,524,866 5,767,315 46,150
3 International Paper Global HQ   1.74 1.52 65.8% 60.5% 10.9% 9.5% 5,849,219 1,675,412 4,173,807 42,812
4 Preferred Freezer Vernon   2.02 1.94 56.9% 56.9% 10.0% 9.6% 4,188,461 883,218 3,305,243 27,641
5 Promenade at Tutwiler Farm   1.90 1.76 64.4% 64.4% 9.6% 8.8% 3,528,097 880,094 2,648,003 35,384
6 Jamboree Business Center   2.22 2.06 61.0% 61.0% 10.3% 9.6% 4,273,362 1,603,543 2,669,819 31,261
7 Cleveland Technology Center   3.73 3.46 41.5% 41.5% 17.3% 16.0% 7,621,844 3,254,593 4,367,251 54,037
8 Five Star Self-Storage Portfolio   1.39 1.37 64.2% 54.1% 9.7% 9.6% 3,676,086 1,301,534 2,374,552 23,294
8.01 Lohr Circle               701,802 206,137 495,665 7,030
8.02 Ferndale               783,698 278,514 505,184 2,958
8.03 Airey Court               596,589 195,055 401,534 4,457
8.04 Highland               546,081 146,212 399,869 2,835
8.05 Chesterland               459,818 210,167 249,651 542
8.06 Englewood               327,219 162,626 164,593 3,998
8.07 Lansing               260,879 102,822 158,057 1,474
9 Carrollton Avenue Shopping Center   1.42 1.38 57.4% 52.9% 9.1% 8.9% 2,506,876 503,560 2,003,315 10,303
10 The Strand on Ocean Drive   1.16 1.15 60.6% 56.0% 7.6% 7.6% 1,887,520 361,658 1,525,862 1,899
11 Palms of Carrollwood   2.27 2.05 56.7% 56.7% 10.9% 9.8% 2,968,758 933,165 2,035,593 43,651
12 Whitehall Corporate Center VI   1.43 1.27 70.1% 58.1% 9.4% 8.3% 2,236,437 880,145 1,356,293 23,371
13 Britt Lakes   1.41 1.35 73.8% 62.8% 8.5% 8.1% 1,812,263 659,450 1,152,814 54,000
14 Peachtree Mall   2.00 1.85 56.4% 42.2% 12.8% 11.8% 14,016,078 3,916,454 10,099,623 80,430
15 Summercrest Apartments   1.73 1.59 66.3% 56.5% 11.5% 10.6% 2,831,436 1,520,516 1,310,920 106,500
16 9 Barrow Owners Corp. 750,000 6.83 6.79 13.2% 13.2% 27.4% 27.3% 4,526,085 1,511,585 3,014,500 14,600
17 Holiday Inn Beaumont   2.21 1.79 55.6% 45.9% 14.5% 11.7% 6,955,752 5,506,728 1,449,025 278,230
18 Crossroads Shopping Center   1.34 1.26 62.3% 53.2% 9.8% 9.2% 1,469,187 495,388 973,799 7,315
19 DoubleTree by Hilton Tempe   2.10 1.69 63.6% 53.5% 14.6% 11.7% 11,610,683 8,618,856 2,991,827 580,534
20 Beech Meadow Apartments   1.40 1.30 65.5% 57.5% 9.7% 8.9% 2,009,173 1,091,881 917,293 68,000
21 Brownstone Terrace   1.41 1.35 69.9% 58.0% 9.3% 8.9% 1,369,744 488,986 880,758 36,300
22 Holiday Inn Express & Suites Riverhead   1.95 1.70 54.5% 45.3% 13.1% 11.4% 3,859,686 2,682,157 1,177,529 154,387
23 StaxUp Storage Homeland   1.42 1.40 55.5% 46.1% 9.4% 9.3% 1,146,510 341,573 804,937 9,135
24 Biltmore Apartments   1.41 1.33 65.4% 59.5% 9.5% 8.9% 1,623,886 819,660 804,227 46,500
25 Raghu Apartments   1.74 1.62 64.5% 54.9% 11.7% 10.8% 1,921,265 937,439 983,826 70,200
26 Tri Retail Portfolio   1.28 1.25 63.7% 57.3% 8.9% 8.8% 997,060 249,842 747,218 3,571
26.01 Target Shadow Anchored Outlot               383,368 103,031 280,337 1,273
26.02 Sherwin Williams Anchored               335,085 79,883 255,202 1,425
26.03 Promenade at Castle Rock               278,607 66,928 211,679 873
27 Security Public Storage - Brea   1.55 1.54 59.1% 48.5% 9.9% 9.8% 1,170,218 385,542 784,675 8,646
28 The Rochester Apartments   1.53 1.44 63.0% 57.4% 10.2% 9.6% 1,509,610 768,428 741,182 42,000
29 Grinnell Water Works   2.18 1.98 57.1% 57.1% 11.0% 10.0% 1,200,735 423,002 777,733 18,182
30 Tharp Portfolio III   1.40 1.36 63.4% 52.6% 9.3% 9.0% 772,379 141,393 630,986 7,013
30.01 CVS Triangle Center               329,133 60,949 268,184 1,935
30.02 Southeastern & English               306,436 74,329 232,107 5,078
30.03 Fifth Third - Land Lease               92,369 4,002 88,367 0
30.04 Dunkin Donuts - Land Lease               44,441 2,113 42,328 0
31 Country Inn & Suites - Dearborn   2.00 1.78 69.8% 58.4% 13.7% 12.2% 2,427,722 1,541,320 886,403 97,109
32 Oceanview Towers Inc.   7.02 6.87 11.6% 10.3% 36.9% 36.1% 4,078,191 1,831,196 2,246,995 48,300
33 Holiday Inn Express & Suites Sedalia   2.19 1.98 67.3% 55.9% 14.6% 13.2% 2,096,383 1,222,605 873,778 83,855
34 Tulsa Shops   1.65 1.49 73.5% 63.7% 10.6% 9.6% 761,399 158,896 602,502 13,786
35 Little York Plaza Shopping Center   2.71 2.34 57.2% 57.2% 13.2% 11.4% 1,289,444 554,657 734,787 43,746
36 Haverstick Office Park   1.88 1.46 69.1% 61.4% 12.3% 9.5% 1,316,106 645,237 670,869 17,443
37 118 Flats Oval   1.26 1.24 67.3% 60.0% 8.5% 8.3% 581,910 119,802 462,108 8,000
38 Cypress Gardens MHC   1.53 1.49 63.1% 53.1% 10.7% 10.4% 960,175 427,007 533,168 13,450
39 Victoria Place - CA   1.65 1.51 67.6% 58.2% 10.4% 9.5% 777,511 280,293 497,218 9,371
40 Your Place Storage   1.34 1.31 70.7% 61.6% 8.9% 8.7% 744,797 321,463 423,334 8,035
41 Indiana MHC Portfolio   1.28 1.25 73.6% 62.4% 9.2% 8.9% 661,141 231,611 429,530 12,481
41.01 Berkshire Pointe               397,660 155,566 242,094 6,731
41.02 Amberly Pointe               263,481 76,045 187,436 5,750
42 West Wind Shopping Center   2.70 2.46 55.9% 55.9% 13.0% 11.9% 820,524 263,533 556,991 8,217
43 Lithia Square   1.37 1.31 53.4% 44.6% 9.4% 8.9% 571,326 197,861 373,465 4,193
44 Rockville Tudor Apt. Corp. 500,000 4.07 4.00 28.8% 22.8% 23.2% 22.7% 1,527,137 647,232 879,905 15,800
45 60-104 Owners Corp. 500,000 6.25 6.12 16.3% 14.5% 32.9% 32.2% 2,101,700 1,001,644 1,100,056 22,500
46 55 Lenox Tenants Corporation   6.19 6.08 18.3% 14.4% 34.0% 33.4% 1,644,431 527,197 1,117,234 19,000
47 American Storage of Rockwall   1.35 1.33 71.6% 62.6% 9.1% 9.0% 456,585 171,891 284,694 4,825
48 Sunset Green Housing Corporation 500,000 4.03 3.94 27.7% 22.3% 23.9% 23.4% 1,353,360 639,205 714,155 15,000
49 Westbrook Tenants Corporation 250,000 6.90 6.75 14.7% 11.8% 40.0% 39.1% 1,987,031 791,063 1,195,968 25,700
50 The Offices at Johns Creek   1.53 1.31 69.7% 58.2% 10.3% 8.9% 397,238 98,157 299,082 6,357
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 250,000 5.20 5.09 17.4% 13.7% 28.6% 28.0% 1,335,795 523,646 812,149 17,000
52 345 Bronx River Road Owners, Inc. 500,000 4.59 4.41 19.8% 15.9% 27.2% 26.1% 1,448,412 768,455 679,957 26,400
53 Leopard Mobile Home Park   1.43 1.37 62.4% 53.5% 9.8% 9.4% 701,386 462,499 238,888 9,200
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 500,000 7.44 7.19 12.1% 10.7% 38.5% 37.2% 2,081,317 1,273,522 807,795 27,000
55 Shore Road Apartment Corporation 500,000 4.66 4.51 23.8% 19.0% 26.8% 25.9% 1,039,957 479,234 560,723 18,000
56 Southridge Cooperative, Section 1, Inc.   20.00 19.63 2.4% 0.0% 246.1% 241.6% 8,403,550 3,480,668 4,922,882 90,250
57 323-325-327 West 11th Street Owners Corp. 500,000 8.69 8.51 4.9% 3.9% 51.3% 50.3% 1,417,940 598,144 819,796 16,800
58 156-168 East 3rd Street Owners, Inc.   19.00 18.66 3.4% 2.7% 109.4% 107.5% 2,632,788 885,253 1,747,535 30,500
59 Highland MHP   1.34 1.30 71.1% 59.7% 9.2% 8.9% 312,872 182,047 130,825 3,700
60 Airport Landing Apartments   1.65 1.45 14.5% 1.6% 42.4% 37.3% 1,677,233 1,079,228 598,006 72,000
61 140 Sullivan Cooperative Corp. 500,000 22.89 22.85 3.4% 3.4% 105.1% 105.0% 1,290,385 239,037 1,051,348 1,800

 

A-1-6 

 

 

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 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
1 Hyatt Place Portfolio 0 6,620,968 73.6% 11/30/2016 110 79 TTM 11/30/2016 23,570,519 15,587,304 7,983,215 942,002 7,041,213 110
1.01 Hyatt Place Greenville 0 1,393,148 76.1% 11/30/2016 112 83 TTM 11/30/2016 4,151,310 2,518,897 1,632,413 165,233 1,467,180 112
1.02 Hyatt Place Charlotte 0 1,343,657 78.3% 11/30/2016 113 86 TTM 11/30/2016 4,320,758 2,722,526 1,598,232 172,830 1,425,402 113
1.03 Hyatt Place Dallas 0 1,150,953 78.1% 11/30/2016 108 82 TTM 11/30/2016 4,127,287 2,745,182 1,382,105 165,091 1,217,013 108
1.04 Hyatt Place Alpharetta 0 1,192,261 71.8% 11/30/2016 125 86 TTM 11/30/2016 4,238,866 2,748,929 1,489,937 169,555 1,320,382 125
1.05 Hyatt Place Topeka 0 843,308 70.1% 11/30/2016 106 73 TTM 11/30/2016 3,611,295 2,558,271 1,053,023 144,452 908,572 106
1.06 Hyatt Place Roanoke 0 697,640 67.0% 11/30/2016 97 65 TTM 11/30/2016 3,121,003 2,293,499 827,505 124,840 702,665 97
2 McLean Data Center Portfolio 238,200 5,482,965 100.0% 11/14/2016     Annualized 9 9/30/2016 6,842,041 990,915 5,851,127 0 5,851,127  
3 International Paper Global HQ 487,734 3,643,261 100.0% 3/1/2017     NAV NAV NAV NAV NAV NAV  
4 Preferred Freezer Vernon 99,518 3,178,084 100.0% 3/1/2017     Actual 2016 3,240,000 44,797 3,195,203 0 3,195,203  
5 Promenade at Tutwiler Farm 167,364 2,445,254 96.8% 11/1/2016     TTM 10/31/2016 3,663,975 819,875 2,844,100 0 2,844,100  
6 Jamboree Business Center 156,305 2,482,253 89.8% 11/8/2016     TTM 10/31/2016 1,503,802 1,347,529 156,274 0 156,274  
7 Cleveland Technology Center 270,185 4,043,029 75.4% 12/30/2016     TTM 11/30/2016 6,793,503 3,161,185 3,632,318 0 3,632,318  
8 Five Star Self-Storage Portfolio 0 2,351,259 90.6% 12/31/2016     Actual 2016 3,516,925 1,123,999 2,392,927 0 2,392,927  
8.01 Lohr Circle 0 488,635 91.5% 12/31/2016     Actual 2016 667,654 189,838 477,816 0 477,816  
8.02 Ferndale 0 502,226 93.1% 12/31/2016     Actual 2016 768,472 266,319 502,154 0 502,154  
8.03 Airey Court 0 397,077 87.9% 12/31/2016     Actual 2016 541,995 173,721 368,273 0 368,273  
8.04 Highland 0 397,035 94.9% 12/31/2016     Actual 2016 532,992 138,393 394,599 0 394,599  
8.05 Chesterland 0 249,109 83.1% 12/31/2016     Actual 2016 443,086 141,301 301,785 0 301,785  
8.06 Englewood 0 160,595 88.6% 12/31/2016     Actual 2016 304,868 114,331 190,537 0 190,537  
8.07 Lansing 0 156,583 95.2% 12/31/2016     Actual 2016 257,858 100,095 157,763 0 157,763  
9 Carrollton Avenue Shopping Center 40,708 1,952,304 100.0% 1/1/2017     TTM 9/30/2016 2,436,133 464,874 1,971,259 0 1,971,259  
10 The Strand on Ocean Drive 12,662 1,511,302 100.0% 12/15/2016     TTM 11/30/2016 1,148,119 393,268 754,852 0 754,852  
11 Palms of Carrollwood 150,000 1,841,942 87.9% 1/13/2017     Actual 2016 2,781,099 895,321 1,885,778 0 1,885,778  
12 Whitehall Corporate Center VI 134,186 1,198,735 90.7% 11/30/2016     Annualized 9 9/30/2016 1,399,725 742,001 657,724 0 657,724  
13 Britt Lakes 0 1,098,814 98.1% 1/25/2017     TTM 1/31/2017 1,794,761 649,067 1,145,694 0 1,145,694  
14 Peachtree Mall 670,253 9,348,941 90.7% 11/30/2016     TTM 11/30/2016 13,769,103 3,937,543 9,831,560 0 9,831,560  
15 Summercrest Apartments 0 1,204,420 95.2% 12/8/2016     TTM 11/30/2016 2,779,022 1,163,032 1,615,990 0 1,615,990  
16 9 Barrow Owners Corp. 0 2,999,900 95.0% 12/21/2016                  
17 Holiday Inn Beaumont 0 1,170,795 60.1% 12/31/2016 89 54 Actual 2016 6,955,754 5,544,972 1,410,782 0 1,410,782 89
18 Crossroads Shopping Center 45,720 920,764 96.7% 11/1/2016     TTM 10/31/2016 1,412,637 482,127 930,510 0 930,510  
19 DoubleTree by Hilton Tempe 0 2,411,292 66.8% 9/30/2016 119 80 TTM 9/30/2016 11,642,493 8,661,172 2,981,321 0 2,981,321 119
20 Beech Meadow Apartments 0 849,293 91.2% 1/17/2017     Actual 2016 1,966,993 1,003,775 963,218 0 963,218  
21 Brownstone Terrace 0 844,458 91.7% 1/31/2017     Actual 2016 1,369,744 495,996 873,749 0 873,749  
22 Holiday Inn Express & Suites Riverhead 0 1,023,142 77.7% 12/31/2016 148 116 Actual 2016 3,859,686 2,671,373 1,188,313 154,426 1,033,887 148
23 StaxUp Storage Homeland 0 795,802 94.3% 11/30/2016     Annualized 11 11/30/2016 1,149,188 272,357 876,830 0 876,830  
24 Biltmore Apartments 0 757,727 93.0% 11/30/2016     Actual 2016 1,594,334 709,420 884,915 0 884,915  
25 Raghu Apartments 0 913,626 92.7% 11/1/2016     TTM 11/30/2016 1,912,477 770,042 1,142,435 0 1,142,435  
26 Tri Retail Portfolio 12,914 730,733 100.0% Various     Annualized 9 9/30/2016 397,703 93,137 304,567 0 304,567  
26.01 Target Shadow Anchored Outlot 4,582 274,481 100.0% 12/13/2016     Annualized 9 9/30/2016 187,259 13,232 174,028 0 174,028  
26.02 Sherwin Williams Anchored 5,129 248,649 100.0% 12/12/2016     NAV NAV NAV NAV NAV NAV  
26.03 Promenade at Castle Rock 3,203 207,603 100.0% 12/12/2016     Annualized 9 9/30/2016 210,444 79,905 130,539 0 130,539  
27 Security Public Storage - Brea 0 776,030 95.4% 12/8/2016     TTM 11/30/2016 1,179,753 382,234 797,519 0 797,519  
28 The Rochester Apartments 0 699,182 97.0% 11/30/2016     Actual 2016 1,459,530 736,882 722,648 0 722,648  
29 Grinnell Water Works 51,949 707,602 99.2% 12/16/2016     TTM 10/31/2016 1,120,816 416,982 703,834 0 703,834  
30 Tharp Portfolio III 15,175 608,798 100.0% Various     TTM 10/31/2016 729,852 123,833 606,019 0 606,019  
30.01 CVS Triangle Center 0 266,249 100.0% 3/1/2017     TTM 10/31/2016 326,688 52,174 274,514 0 274,514  
30.02 Southeastern & English 11,848 215,181 100.0% 1/1/2017     TTM 10/31/2016 261,168 67,400 193,768 0 193,768  
30.03 Fifth Third - Land Lease 3,327 85,040 100.0% 3/1/2017     TTM 10/31/2016 96,000 2,880 93,120 0 93,120  
30.04 Dunkin Donuts - Land Lease 0 42,328 100.0% 3/1/2017     TTM 10/31/2016 45,996 1,380 44,616 0 44,616  
31 Country Inn & Suites - Dearborn 0 789,294 72.3% 11/30/2016 94 65 TTM 11/30/2016 2,550,800 1,582,090 968,711 102,032 866,679 94
32 Oceanview Towers Inc. 0 2,198,695 95.0% 11/9/2016                  
33 Holiday Inn Express & Suites Sedalia 0 789,923 72.0% 11/30/2016 109 75 TTM 11/30/2016 2,193,576 1,253,830 939,745 87,742 852,003 109
34 Tulsa Shops 45,000 543,716 100.0% 12/20/2016     Actual 2016 771,659 166,828 604,832 33,705 571,127  
35 Little York Plaza Shopping Center 56,443 634,598 96.0% 11/30/2016     TTM 10/31/2016 1,405,244 545,180 860,064 0 860,064  
36 Haverstick Office Park 132,303 521,123 90.1% 10/30/2016     TTM 11/30/2016 1,267,312 646,492 620,820 0 620,820  
37 118 Flats Oval 0 454,108 90.6% 1/1/2017     NAV NAV NAV NAV NAV NAV  
38 Cypress Gardens MHC 0 519,718 92.2% 1/31/2017     TTM 1/31/2017 960,175 359,531 600,644 0 600,644  
39 Victoria Place - CA 31,651 456,196 86.7% 11/1/2016     Annualized 10 10/31/2016 696,359 264,565 431,794 0 431,794  
40 Your Place Storage 0 415,299 90.1% 10/31/2016     TTM 10/31/2016 744,797 309,767 435,030 0 435,030  
41 Indiana MHC Portfolio 0 417,049 83.1% 12/8/2016     TTM 10/31/2016 609,307 217,183 392,124 0 392,124  
41.01 Berkshire Pointe 0 235,363 87.0% 12/8/2016     TTM 10/31/2016 384,940 150,948 233,992 0 233,992  
41.02 Amberly Pointe 0 181,686 79.1% 12/8/2016     TTM 10/31/2016 224,367 66,235 158,132 0 158,132  
42 West Wind Shopping Center 42,000 506,773 95.2% 11/30/2016     Actual 2016 795,385 233,111 562,274 0 562,274  
43 Lithia Square 14,125 355,147 83.1% 10/1/2016     TTM 11/30/2016 572,267 201,038 371,229 0 371,229  
44 Rockville Tudor Apt. Corp. 0 864,105 96.0% 12/5/2016                  
45 60-104 Owners Corp. 0 1,077,556 97.0% 11/3/2016                  
46 55 Lenox Tenants Corporation 0 1,098,234 95.0% 11/2/2016                  
47 American Storage of Rockwall 0 279,869 92.2% 11/2/2016     Annualized 10 10/31/2016 459,527 144,671 314,856 0 314,856  
48 Sunset Green Housing Corporation 0 699,155 96.0% 7/12/2016                  
49 Westbrook Tenants Corporation 0 1,170,268 95.0% 10/18/2016                  
50 The Offices at Johns Creek 34,988 257,736 83.5% 1/5/2017     TTM 11/30/2016 346,272 93,430 252,842 0 252,842  
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 0 795,149 95.0% 10/13/2016                  
52 345 Bronx River Road Owners, Inc. 0 653,557 96.0% 1/10/2017                  
53 Leopard Mobile Home Park 0 229,688 97.3% 11/29/2016     TTM 11/30/2016 701,912 435,130 266,782 0 266,782  
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 0 780,795 96.0% 12/8/2016                  
55 Shore Road Apartment Corporation 0 542,723 95.0% 11/1/2016                  
56 Southridge Cooperative, Section 1, Inc. 0 4,832,632 95.0% 1/24/2017                  
57 323-325-327 West 11th Street Owners Corp. 0 802,996 97.0% 12/29/2016                  
58 156-168 East 3rd Street Owners, Inc. 0 1,717,035 96.0% 1/5/2017                  
59 Highland MHP 0 127,125 95.9% 11/1/2016     Annualized 10 10/31/2016 308,114 165,420 142,694 0 142,694  
60 Airport Landing Apartments 0 526,006 95.4% 11/30/2016     Annualized 11 11/30/2016 1,685,540 1,063,268 622,273 0 622,273  
61 140 Sullivan Cooperative Corp. 0 1,049,548 95.0% 2/16/2016                  

 

A-1-7 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
Mortgage Loan Number Property Name Most Recent Hotel RevPAR Second Most Recent Period Second Most Recent Revenues ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent Capital Expenditures Second Most Recent NCF ($) Second Most Recent Hotel ADR Second Most Recent Hotel RevPAR Third Most Recent Period Third Most Recent Revenues ($)
1 Hyatt Place Portfolio 81 Actual 2015 21,023,872 14,720,877 6,302,995 840,937 5,462,058 106 72 Actual 2014 20,908,500
1.01 Hyatt Place Greenville 86 Actual 2015 3,558,863 2,269,637 1,289,226 142,354 1,146,872 108 73 Actual 2014 3,622,615
1.02 Hyatt Place Charlotte 89 Actual 2015 4,063,063 2,661,343 1,401,720 162,523 1,239,197 109 83 Actual 2014 3,828,430
1.03 Hyatt Place Dallas 84 Actual 2015 3,502,376 2,522,092 980,284 140,095 840,189 99 71 Actual 2014 3,535,084
1.04 Hyatt Place Alpharetta 90 Actual 2015 3,656,045 2,585,386 1,070,659 146,224 924,435 115 78 Actual 2014 3,380,611
1.05 Hyatt Place Topeka 75 Actual 2015 3,057,257 2,365,847 691,410 122,290 569,120 103 63 Actual 2014 3,231,004
1.06 Hyatt Place Roanoke 65 Actual 2015 3,186,268 2,316,572 869,696 127,451 742,245 100 66 Actual 2014 3,310,756
2 McLean Data Center Portfolio   Actual 2015 6,693,779 993,186 5,700,593 0 5,700,593     Actual 2014 6,751,259
3 International Paper Global HQ   NAV NAV NAV NAV NAV NAV     NAV NAV
4 Preferred Freezer Vernon   Actual 2015 3,240,000 43,739 3,196,261 0 3,196,261     Actual 2014 3,240,000
5 Promenade at Tutwiler Farm   Actual 2015 3,796,204 786,510 3,009,694 0 3,009,694     Actual 2014 3,158,042
6 Jamboree Business Center   Actual 2015 1,266,055 1,219,834 46,221 0 46,221     Actual 2014 2,064,679
7 Cleveland Technology Center   Actual 2015 5,365,240 2,815,880 2,549,360 0 2,549,360     Actual 2014 4,421,505
8 Five Star Self-Storage Portfolio   Actual 2015 2,889,477 1,014,926 1,874,551 0 1,874,551     Actual 2014 2,101,118
8.01 Lohr Circle   Actual 2015 568,915 170,453 398,462 0 398,462     Actual 2014 569,947
8.02 Ferndale   Actual 2015 721,609 247,437 474,172 0 474,172     Actual 2014 235,494
8.03 Airey Court   Actual 2015 483,079 166,889 316,190 0 316,190     Actual 2014 428,648
8.04 Highland   Actual 2015 428,755 138,275 290,480 0 290,480     Actual 2014 324,183
8.05 Chesterland   Actual 2015 341,315 120,647 220,668 0 220,668     Actual 2014 184,360
8.06 Englewood   Actual 2015 277,222 128,936 148,287 0 148,287     Actual 2014 130,879
8.07 Lansing   Actual 2015 68,581 42,289 26,292 0 26,292     Actual 2014 227,607
9 Carrollton Avenue Shopping Center   Actual 2015 2,406,941 476,584 1,930,357 0 1,930,357     Actual 2014 2,497,327
10 The Strand on Ocean Drive   Actual 2015 1,138,979 346,332 792,647 0 792,647     Actual 2014 1,108,894
11 Palms of Carrollwood   Actual 2015 2,700,468 887,489 1,812,979 0 1,812,979     Actual 2014 2,524,676
12 Whitehall Corporate Center VI   Actual 2015 1,158,002 737,540 420,462 0 420,462     Actual 2014 1,076,923
13 Britt Lakes   Actual 2015 1,674,190 671,582 1,002,607 0 1,002,607     Actual 2014 1,712,062
14 Peachtree Mall   Actual 2015 13,161,383 3,853,477 9,307,906 0 9,307,906     Actual 2014 13,807,120
15 Summercrest Apartments   Actual 2015 2,545,817 1,340,543 1,205,274 0 1,205,274     Actual 2014 2,295,805
16 9 Barrow Owners Corp.                      
17 Holiday Inn Beaumont 53 Actual 2015 7,047,038 6,159,796 887,242 0 887,242 83 54 TTM 10/31/2014 7,077,147
18 Crossroads Shopping Center   Actual 2015 1,517,573 444,255 1,073,318 0 1,073,318     Actual 2014 1,404,484
19 DoubleTree by Hilton Tempe 80 Actual 2015 11,134,264 8,465,307 2,668,958 0 2,668,958 120 77 Actual 2014 10,087,165
20 Beech Meadow Apartments   Actual 2015 1,863,221 1,005,090 858,131 0 858,131     Actual 2014 1,861,865
21 Brownstone Terrace   Actual 2015 1,325,419 504,401 821,018 0 821,018     Actual 2014 1,412,981
22 Holiday Inn Express & Suites Riverhead 115 Actual 2015 3,716,025 2,540,470 1,175,555 148,680 1,026,875 151 112 Actual 2014 3,552,563
23 StaxUp Storage Homeland   Actual 2015 954,987 272,631 682,355 0 682,355     Actual 2014 859,009
24 Biltmore Apartments   Actual 2015 1,432,993 677,844 755,150 0 755,150     NAV NAV
25 Raghu Apartments   Actual 2015 1,695,774 923,864 771,910 0 771,910     Actual 2014 1,526,456
26 Tri Retail Portfolio   Actual 2015 18,937 1,682 17,255 0 17,255     NAV NAV
26.01 Target Shadow Anchored Outlot   NAV NAV NAV NAV NAV NAV     NAV NAV
26.02 Sherwin Williams Anchored   NAV NAV NAV NAV NAV NAV     NAV NAV
26.03 Promenade at Castle Rock   Actual 2015 18,937 1,682 17,255 0 17,255     NAV NAV
27 Security Public Storage - Brea   Actual 2015 1,110,321 375,046 735,275 0 735,275     Actual 2014 985,165
28 The Rochester Apartments   Actual 2015 1,344,362 706,214 638,149 0 638,149     NAV NAV
29 Grinnell Water Works   Actual 2015 1,130,507 434,478 696,029 0 696,029     Actual 2014 1,018,395
30 Tharp Portfolio III   Actual 2015 742,973 126,646 616,327 0 616,327     Actual 2014 923,612
30.01 CVS Triangle Center   Actual 2015 326,806 52,499 274,307 0 274,307     Actual 2014 326,313
30.02 Southeastern & English   Actual 2015 274,667 69,902 204,765 0 204,765     Actual 2014 461,299
30.03 Fifth Third - Land Lease   Actual 2015 95,500 2,865 92,635 0 92,635     Actual 2014 90,000
30.04 Dunkin Donuts - Land Lease   Actual 2015 46,000 1,380 44,620 0 44,620     Actual 2014 46,000
31 Country Inn & Suites - Dearborn 68 Actual 2015 2,381,913 1,436,681 945,231 95,277 849,955 91 63 Actual 2014 1,838,345
32 Oceanview Towers Inc.                      
33 Holiday Inn Express & Suites Sedalia 78 Actual 2015 2,067,054 1,235,969 831,085 82,694 748,391 105 74 Actual 2014 1,967,688
34 Tulsa Shops   Actual 2015 394,388 130,281 264,108 0 264,108     Actual 2014 261,241
35 Little York Plaza Shopping Center   Actual 2015 1,264,211 458,199 806,012 0 806,012     Actual 2014 1,163,164
36 Haverstick Office Park   Actual 2015 1,130,964 622,570 508,394 0 508,394     Actual 2014 1,115,278
37 118 Flats Oval   NAV NAV NAV NAV NAV NAV     NAV NAV
38 Cypress Gardens MHC   Actual 2015 878,359 381,593 496,766 0 496,766     Actual 2014 916,447
39 Victoria Place - CA   Actual 2015 851,733 302,213 549,521 0 549,521     Actual 2014 833,970
40 Your Place Storage   Actual 2015 725,493 300,712 424,780 0 424,780     Actual 2014 655,285
41 Indiana MHC Portfolio   Actual 2015 598,926 250,913 348,014 0 348,014     Actual 2014 572,328
41.01 Berkshire Pointe   Actual 2015 375,053 178,087 196,967 0 196,967     Actual 2014 339,248
41.02 Amberly Pointe   Actual 2015 223,873 72,826 151,047 0 151,047     Actual 2014 233,080
42 West Wind Shopping Center   Actual 2015 776,398 236,742 539,656 0 539,656     Actual 2014 710,941
43 Lithia Square   Actual 2015 553,489 194,260 359,229 0 359,229     Actual 2014 653,806
44 Rockville Tudor Apt. Corp.                      
45 60-104 Owners Corp.                      
46 55 Lenox Tenants Corporation                      
47 American Storage of Rockwall   Actual 2015 375,359 125,962 249,398 0 249,398     Actual 2014 287,635
48 Sunset Green Housing Corporation                      
49 Westbrook Tenants Corporation                      
50 The Offices at Johns Creek   Actual 2015 399,539 92,306 307,232 0 307,232     Actual 2014 456,741
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc.                      
52 345 Bronx River Road Owners, Inc.                      
53 Leopard Mobile Home Park   Actual 2015 642,792 375,878 266,914 0 266,914     Actual 2014 545,915
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc.                      
55 Shore Road Apartment Corporation                      
56 Southridge Cooperative, Section 1, Inc.                      
57 323-325-327 West 11th Street Owners Corp.                      
58 156-168 East 3rd Street Owners, Inc.                      
59 Highland MHP   Actual 2015 283,464 157,269 126,194 0 126,194     Actual 2014 272,170
60 Airport Landing Apartments   Actual 2015 1,586,754 1,073,789 512,965 0 512,965     Actual 2014 1,523,944
61 140 Sullivan Cooperative Corp.                      

 

A-1-8 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
Mortgage Loan Number Property Name 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(2)(9)(10)(11) Largest Tenant Sq. Ft. Largest
Tenant
% of NRA		 Largest Tenant Exp. Date
1 Hyatt Place Portfolio 14,777,632 6,130,868 836,339 5,294,529 97 72 N        
1.01 Hyatt Place Greenville 2,350,637 1,271,978 144,905 1,127,073 92 74 N        
1.02 Hyatt Place Charlotte 2,594,783 1,233,647 153,137 1,080,510 101 79 N        
1.03 Hyatt Place Dallas 2,502,842 1,032,242 141,403 890,839 95 71 N        
1.04 Hyatt Place Alpharetta 2,529,700 850,911 135,224 715,687 103 72 N        
1.05 Hyatt Place Topeka 2,414,084 816,920 129,240 687,680 95 66 N        
1.06 Hyatt Place Roanoke 2,385,586 925,170 132,430 792,740 97 68 N        
2 McLean Data Center Portfolio 1,267,036 5,484,223 0 5,484,223     N Level 3 Communications 65,794 51.5% 4/30/2033
3 International Paper Global HQ NAV NAV NAV NAV     N International Paper Company 214,060 100.0% 4/30/2027
4 Preferred Freezer Vernon 39,957 3,200,043 0 3,200,043     N Preferred Freezer 184,273 100.0% 2/28/2042
5 Promenade at Tutwiler Farm 1,034,420 2,123,621 0 2,123,621     Y Academy Sports 52,500 23.5% 2/28/2021
6 Jamboree Business Center 1,329,953 734,725 0 734,725     N Medata, Inc. 38,079 24.4% 8/31/2025
7 Cleveland Technology Center 2,142,412 2,279,094 0 2,279,094     N Qwest/Century Link 68,045 25.2% 2/28/2021
8 Five Star Self-Storage Portfolio 907,128 1,193,990 0 1,193,990     N        
8.01 Lohr Circle 180,990 388,957 0 388,957     N        
8.02 Ferndale 130,497 104,998 0 104,998     N        
8.03 Airey Court 161,219 267,429 0 267,429     N        
8.04 Highland 133,093 191,090 0 191,090     N        
8.05 Chesterland 139,789 44,571 0 44,571     N        
8.06 Englewood 51,046 79,833 0 79,833     N        
8.07 Lansing 110,496 117,112 0 117,112     N        
9 Carrollton Avenue Shopping Center 489,672 2,007,655 0 2,007,655     N Costco 150,000 72.8% 5/31/2033
10 The Strand on Ocean Drive 337,443 771,450 0 771,450     Y Ocean Drive Food Court LLC 5,634 44.5% 8/31/2027
11 Palms of Carrollwood 842,536 1,682,140 0 1,682,140     N Bed Bath & Beyond 35,931 21.4% 1/31/2021
12 Whitehall Corporate Center VI 726,713 350,210 0 350,210     N Advantage Sales & Marketing 25,003 21.4% 5/31/2021
13 Britt Lakes 674,190 1,037,872 0 1,037,872     N        
14 Peachtree Mall 4,019,990 9,787,129 0 9,787,129     N Macy’s 139,219 26.0% 9/1/2022
15 Summercrest Apartments 1,309,131 986,674 0 986,674     N        
16 9 Barrow Owners Corp.                      
17 Holiday Inn Beaumont 6,008,585 1,068,562 0 1,068,562 80 57 Y        
18 Crossroads Shopping Center 456,736 947,748 0 947,748     N Partners, LLC dba Peacock India Restaurant 4,400 12.0% 4/14/2018
19 DoubleTree by Hilton Tempe 7,823,739 2,263,426 0 2,263,426 108 68 N        
20 Beech Meadow Apartments 1,109,435 752,430 0 752,430     N        
21 Brownstone Terrace 439,603 973,378 0 973,378     N        
22 Holiday Inn Express & Suites Riverhead 2,504,459 1,048,104 142,144 905,960 145 107 N        
23 StaxUp Storage Homeland 260,605 598,403 0 598,403     N        
24 Biltmore Apartments NAV NAV NAV NAV     N        
25 Raghu Apartments 823,236 703,220 0 703,220     N        
26 Tri Retail Portfolio NAV NAV NAV NAV     N Various Various Various Various
26.01 Target Shadow Anchored Outlot NAV NAV NAV NAV     N ATI Physical Therapy 3,500 41.2% 10/31/2026
26.02 Sherwin Williams Anchored NAV NAV NAV NAV     N Sherwin Williams 2,968 31.2% 3/31/2025
26.03 Promenade at Castle Rock NAV NAV NAV NAV     N T-Mobile 2,922 50.2% 4/30/2026
27 Security Public Storage - Brea 322,897 662,268 0 662,268     N        
28 The Rochester Apartments NAV NAV NAV NAV     N        
29 Grinnell Water Works 415,591 602,804 0 602,804     Y GMR Marketing LLC 13,681 26.1% 5/30/2021
30 Tharp Portfolio III 136,685 786,927 0 786,927     N Various Various Various Various
30.01 CVS Triangle Center 51,070 275,243 0 275,243     N CVS 12,900 100.0% 9/30/2031
30.02 Southeastern & English 81,535 379,764 0 379,764     N Cash America, Inc 8,776 51.8% 12/31/2019
30.03 Fifth Third - Land Lease 2,700 87,300 0 87,300     N Fifth Third Bank 0   1/31/2025
30.04 Dunkin Donuts - Land Lease 1,380 44,620 0 44,620     N Dunkin’ Donuts 0   10/31/2027
31 Country Inn & Suites - Dearborn 1,267,454 570,891 73,534 497,357 86 48 N        
32 Oceanview Towers Inc.                      
33 Holiday Inn Express & Suites Sedalia 1,069,850 897,838 79,291 818,547 102 70 N        
34 Tulsa Shops 171,128 90,113 0 90,113     N Conns 39,657 43.1% 1/30/2026
35 Little York Plaza Shopping Center 447,904 715,260 0 715,260     N Sellers Bros 39,108 34.3% 5/31/2019
36 Haverstick Office Park 598,513 516,765 0 516,765     N Child Advocates, Inc. 15,329 19.0% 3/31/2025
37 118 Flats Oval NAV NAV NAV NAV     N        
38 Cypress Gardens MHC 383,167 533,281 0 533,281     N        
39 Victoria Place - CA 297,650 536,320 0 536,320     N Social Security Admin 10,008 23.5% 3/31/2025
40 Your Place Storage 272,678 382,607 0 382,607     N        
41 Indiana MHC Portfolio 236,035 336,293 0 336,293     Y        
41.01 Berkshire Pointe 151,779 187,469 0 187,469     Y        
41.02 Amberly Pointe 84,256 148,824 0 148,824     Y        
42 West Wind Shopping Center 237,796 473,145 0 473,145     N Dollar Tree 12,009 29.2% 1/31/2026
43 Lithia Square 202,301 451,505 0 451,505     N Walmart Stores East LP 36,750 53.3% 12/31/2030
44 Rockville Tudor Apt. Corp.                      
45 60-104 Owners Corp.                      
46 55 Lenox Tenants Corporation                      
47 American Storage of Rockwall 101,806 185,830 0 185,830     N        
48 Sunset Green Housing Corporation                      
49 Westbrook Tenants Corporation                      
50 The Offices at Johns Creek 90,745 365,995 0 365,995     N Fusion Sleep, LLC 5,859 26.7% 4/30/2022
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc.                      
52 345 Bronx River Road Owners, Inc.                      
53 Leopard Mobile Home Park 356,542 189,373 0 189,373     N        
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc.                      
55 Shore Road Apartment Corporation                      
56 Southridge Cooperative, Section 1, Inc.                      
57 323-325-327 West 11th Street Owners Corp.                      
58 156-168 East 3rd Street Owners, Inc.                      
59 Highland MHP 149,712 122,458 0 122,458     N        
60 Airport Landing Apartments 946,772 577,172 0 577,172     N        
61 140 Sullivan Cooperative Corp.                      

 

A-1-9 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                   
Mortgage Loan Number Property Name 2nd Largest Tenant Name(2)(10)(11) 2nd Largest Tenant Sq. Ft. 2nd Largest
Tenant
% of NRA		 2nd Largest Tenant Exp. Date 3rd Largest Tenant Name(10) 3rd Largest Tenant Sq. Ft. 3rd Largest
Tenant
% of NRA		 3rd Largest Tenant Exp. Date
1 Hyatt Place Portfolio                
1.01 Hyatt Place Greenville                
1.02 Hyatt Place Charlotte                
1.03 Hyatt Place Dallas                
1.04 Hyatt Place Alpharetta                
1.05 Hyatt Place Topeka                
1.06 Hyatt Place Roanoke                
2 McLean Data Center Portfolio PAETEC Communications 62,002 48.5% 3/31/2024        
3 International Paper Global HQ                
4 Preferred Freezer Vernon                
5 Promenade at Tutwiler Farm Bed Bath & Beyond 30,525 13.7% 1/31/2021 TJ Maxx 30,000 13.4% 10/31/2020
6 Jamboree Business Center Black & Veatch Corporation 26,582 17.0% 12/31/2022 TRI Pointe Homes, Inc. 20,132 12.9% 2/28/2022
7 Cleveland Technology Center DFAS 61,114 22.6% 2/28/2020 Windstream 20,000 7.4% 3/31/2022
8 Five Star Self-Storage Portfolio                
8.01 Lohr Circle                
8.02 Ferndale                
8.03 Airey Court                
8.04 Highland                
8.05 Chesterland                
8.06 Englewood                
8.07 Lansing                
9 Carrollton Avenue Shopping Center CVS 13,225 6.4% 1/31/2036 Family Dollar Store 11,880 5.8% 10/15/2019
10 The Strand on Ocean Drive Amarillo f/k/a Papagayo 5,109 40.4% 5/16/2025 La Baguette 1,714 13.5% 9/30/2022
11 Palms of Carrollwood Sam Ash Music 24,000 14.3% 9/30/2018 The Fresh Market 21,000 12.5% 5/31/2021
12 Whitehall Corporate Center VI Direct ChassisLink 23,654 20.2% 5/31/2022 Home Point Financial 23,517 20.1% 12/31/2021
13 Britt Lakes                
14 Peachtree Mall JC Penney 82,320 15.4% 11/30/2019 Peachtree 8 25,439 4.7% 12/31/2018
15 Summercrest Apartments                
16 9 Barrow Owners Corp.                
17 Holiday Inn Beaumont                
18 Crossroads Shopping Center Nachiket J. Dave, DDS, Inc. dba Bright Now! Dental 3,250 8.9% 2/28/2022 New Dream Pizza, Inc. dba Mountain Mike’s Pizza 2,275 6.2% 12/31/2025
19 DoubleTree by Hilton Tempe                
20 Beech Meadow Apartments                
21 Brownstone Terrace                
22 Holiday Inn Express & Suites Riverhead                
23 StaxUp Storage Homeland                
24 Biltmore Apartments                
25 Raghu Apartments                
26 Tri Retail Portfolio Various Various Various Various Various Various Various Various
26.01 Target Shadow Anchored Outlot Noodles & Co. 2,586 30.5% 10/31/2026 Potbelly Sandwich Works 2,400 28.3% 7/31/2026
26.02 Sherwin Williams Anchored River Valley Financial 2,603 27.4% 1/31/2029 Heine Brother’s Coffee 2,004 21.1% 9/15/2025
26.03 Promenade at Castle Rock Café Rio 2,901 49.8% 11/30/2025        
27 Security Public Storage - Brea                
28 The Rochester Apartments                
29 Grinnell Water Works Mountain Khakis Mountain Khakis 7,900 15.1% 4/30/2018 BB&M Architecture PLLC 7,679 14.7% 5/31/2021
30 Tharp Portfolio III Various Various Various Various Various Various Various Various
30.01 CVS Triangle Center                
30.02 Southeastern & English Dos Amigos Tienda Mexicana 3,450 20.4% 10/31/2026 Herdrich Petroleum Corp. 2,000 11.8% 5/31/2019
30.03 Fifth Third - Land Lease                
30.04 Dunkin Donuts - Land Lease                
31 Country Inn & Suites - Dearborn                
32 Oceanview Towers Inc.                
33 Holiday Inn Express & Suites Sedalia                
34 Tulsa Shops Planet Fitness 27,440 29.9% 5/31/2024 Dollar Tree 24,810 27.0% 3/31/2025
35 Little York Plaza Shopping Center Fallas Paredes 19,500 17.1% 10/31/2017 Health and Human Services Comm 17,128 15.0% 11/30/2022
36 Haverstick Office Park Broyles Kight & Ricafort PC 8,215 10.2% 10/31/2021 Driving Ambition, Inc. 7,340 9.1% 7/31/2021
37 118 Flats Oval                
38 Cypress Gardens MHC                
39 Victoria Place - CA Big 5 Sporting Goods 10,000 23.5% 1/31/2020 Carls Jr 2,605 6.1% 6/30/2029
40 Your Place Storage                
41 Indiana MHC Portfolio                
41.01 Berkshire Pointe                
41.02 Amberly Pointe                
42 West Wind Shopping Center Cato Fashions 4,185 10.2% 1/31/2022 O’Hana Japanese Restaurant 3,854 9.4% 12/31/2021
43 Lithia Square Tuesday Morning 10,000 14.5% 7/31/2019 Jo-To Japanese Steakhouse (Chef Ngo, Inc.) 4,020 5.8% 12/31/2020
44 Rockville Tudor Apt. Corp.                
45 60-104 Owners Corp.                
46 55 Lenox Tenants Corporation                
47 American Storage of Rockwall                
48 Sunset Green Housing Corporation                
49 Westbrook Tenants Corporation                
50 The Offices at Johns Creek Skylark ADH-Johns Creek LLC 5,237 23.9% 7/31/2021 Vein Innovative Therapies LLC 4,001 18.2% 7/31/2018
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc.                
52 345 Bronx River Road Owners, Inc.                
53 Leopard Mobile Home Park                
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc.                
55 Shore Road Apartment Corporation                
56 Southridge Cooperative, Section 1, Inc.                
57 323-325-327 West 11th Street Owners Corp.                
58 156-168 East 3rd Street Owners, Inc.                
59 Highland MHP                
60 Airport Landing Apartments                
61 140 Sullivan Cooperative Corp.                

 

A-1-10 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                   
Mortgage Loan Number Property Name 4th Largest Tenant Name(2)(10)(11) 4th Largest Tenant Sq. Ft. 4th Largest
Tenant
% of NRA		 4th Largest Tenant Exp. Date 5th Largest Tenant Name(2) 5th Largest Tenant Sq. Ft. 5th Largest
Tenant
% of NRA		 5th Largest Tenant Exp. Date
1 Hyatt Place Portfolio                
1.01 Hyatt Place Greenville                
1.02 Hyatt Place Charlotte                
1.03 Hyatt Place Dallas                
1.04 Hyatt Place Alpharetta                
1.05 Hyatt Place Topeka                
1.06 Hyatt Place Roanoke                
2 McLean Data Center Portfolio                
3 International Paper Global HQ                
4 Preferred Freezer Vernon                
5 Promenade at Tutwiler Farm Michaels 23,916 10.7% 2/29/2020 Royal Furniture Company 22,250 10.0% 5/31/2019
6 Jamboree Business Center Bankruptcy Management Solutions, Inc. 18,270 11.7% 6/30/2025 Starwood Hotels & Resorts Worldwide, Inc. 11,259 7.2% 11/30/2025
7 Cleveland Technology Center XO Communications 16,800 6.2% 5/31/2020 Sherwin Williams 14,399 5.3% 6/1/2025
8 Five Star Self-Storage Portfolio                
8.01 Lohr Circle                
8.02 Ferndale                
8.03 Airey Court                
8.04 Highland                
8.05 Chesterland                
8.06 Englewood                
8.07 Lansing                
9 Carrollton Avenue Shopping Center Bridgestone/Firestone Inc 7,683 3.7% 10/31/2019 Just Kids Dental 6,000 2.9% 7/31/2018
10 The Strand on Ocean Drive Ocean 11 Ice Cream LLC 204 1.6% 8/31/2026        
11 Palms of Carrollwood PetCo 13,393 8.0% 9/19/2017 Hibachi Buffet 8,587 5.1% 3/31/2022
12 Whitehall Corporate Center VI Oxner & Permar, PLLC 7,919 6.8% 12/31/2023 Talbert, Bright & Ellington 7,124 6.1% 5/31/2023
13 Britt Lakes                
14 Peachtree Mall H&M 21,210 4.0% 1/31/2026 Encore 13,159 2.5% 7/31/2025
15 Summercrest Apartments                
16 9 Barrow Owners Corp.                
17 Holiday Inn Beaumont                
18 Crossroads Shopping Center Alejandro Palomarez and Ana M. Palomarez dba Classic Diner 2,119 5.8% 1/31/2022 Jenny Craig Operations, Inc. dba Jenny Craig Weight Loss 2,016 5.5% 6/30/2019
19 DoubleTree by Hilton Tempe                
20 Beech Meadow Apartments                
21 Brownstone Terrace                
22 Holiday Inn Express & Suites Riverhead                
23 StaxUp Storage Homeland                
24 Biltmore Apartments                
25 Raghu Apartments                
26 Tri Retail Portfolio Various Various Various Various        
26.01 Target Shadow Anchored Outlot                
26.02 Sherwin Williams Anchored Cellular Advantage 1,923 20.2% 10/14/2023        
26.03 Promenade at Castle Rock                
27 Security Public Storage - Brea                
28 The Rochester Apartments                
29 Grinnell Water Works Starr Design, PLLC 3,768 7.2% 3/31/2019 HMH Advertising & Public Relations 4,614 8.8% 2/28/2017
30 Tharp Portfolio III Various Various Various Various Various Various Various Various
30.01 CVS Triangle Center                
30.02 Southeastern & English Ace Cash Express 1,600 9.5% 8/31/2021 Blanca Rosales Velazquez 1,100 6.5% 12/31/2019
30.03 Fifth Third - Land Lease                
30.04 Dunkin Donuts - Land Lease                
31 Country Inn & Suites - Dearborn                
32 Oceanview Towers Inc.                
33 Holiday Inn Express & Suites Sedalia                
34 Tulsa Shops                
35 Little York Plaza Shopping Center Dollar Tree 12,447 10.9% 7/31/2020 Rent-A-Center 4,500 4.0% 2/28/2018
36 Haverstick Office Park Highgarden Real Estate 6,996 8.7% 1/31/2019 Fairway Independent Mortgage 6,499 8.1% 7/31/2022
37 118 Flats Oval                
38 Cypress Gardens MHC                
39 Victoria Place - CA NTR Life, LLC 2,100 4.9% 6/14/2020 Mohd. Awwad D.D.S 1,675 3.9% 3/31/2019
40 Your Place Storage                
41 Indiana MHC Portfolio                
41.01 Berkshire Pointe                
41.02 Amberly Pointe                
42 West Wind Shopping Center Beef O’ Bradys 3,190 7.8% 10/31/2020 Ace Cash Express 1,706 4.2% 6/30/2018
43 Lithia Square Party Planet 2,400 3.5% 2/28/2019 Cosmo Prof (Beauty Systems Group) 1,750 2.5% 4/30/2018
44 Rockville Tudor Apt. Corp.                
45 60-104 Owners Corp.                
46 55 Lenox Tenants Corporation                
47 American Storage of Rockwall                
48 Sunset Green Housing Corporation                
49 Westbrook Tenants Corporation                
50 The Offices at Johns Creek Peachtree Spine Physicians, LLC 2,053 9.4% 12/31/2019 Yellowstone Enterprises LLC 1,181 5.4% 8/31/2020
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc.                
52 345 Bronx River Road Owners, Inc.                
53 Leopard Mobile Home Park                
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc.                
55 Shore Road Apartment Corporation                
56 Southridge Cooperative, Section 1, Inc.                
57 323-325-327 West 11th Street Owners Corp.                
58 156-168 East 3rd Street Owners, Inc.                
59 Highland MHP                
60 Airport Landing Apartments                
61 140 Sullivan Cooperative Corp.                

 

A-1-11 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
Mortgage Loan Number Property Name 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 ($)(10) Tax Escrow (Initial) Monthly Tax Escrow ($)
1 Hyatt Place Portfolio Various Various       N Y Acquisition 39,553 378,415 75,683
1.01 Hyatt Place Greenville 12/13/2016 12/12/2016       N Y        
1.02 Hyatt Place Charlotte 12/13/2016 12/12/2016       N Y        
1.03 Hyatt Place Dallas 12/12/2016 12/9/2016       N Y        
1.04 Hyatt Place Alpharetta 12/13/2016 12/13/2016       N Y        
1.05 Hyatt Place Topeka 12/12/2016 12/13/2016       N Y        
1.06 Hyatt Place Roanoke 12/12/2016 12/13/2016       N Y        
2 McLean Data Center Portfolio 7/28/2016 7/27/2016; 7/29/2016 9/22/2016; NAP     N Y Acquisition 408,431 70,962 70,958
3 International Paper Global HQ 9/6/2016 8/31/2016   9/27/2016 9.0% N Y Acquisition 0 0 Springing
4 Preferred Freezer Vernon 10/21/2016 10/20/2016   10/21/2016 11.0% N Y Refinance 0 0 Springing
5 Promenade at Tutwiler Farm 11/22/2016 11/22/2016       N Y Refinance 0 0 Springing
6 Jamboree Business Center 12/8/2016 12/8/2016   12/8/2016 7.0% N Y Acquisition 0 36,256 36,256
7 Cleveland Technology Center 12/21/2016 12/21/2016       N Y Acquisition 82,000 0 Springing
8 Five Star Self-Storage Portfolio Various Various       N Y Refinance 506,563 182,742 29,007
8.01 Lohr Circle 12/8/2016 12/9/2016       N Y        
8.02 Ferndale 12/10/2016 12/12/2016       N Y        
8.03 Airey Court 12/11/2016 12/6/2016       N Y        
8.04 Highland 12/10/2016 12/12/2016       N Y        
8.05 Chesterland 12/10/2016 12/12/2016       N Y        
8.06 Englewood 12/7/2016 12/9/2016       N Y        
8.07 Lansing 12/11/2016 12/12/2016       N Y        
9 Carrollton Avenue Shopping Center 11/29/2016 12/1/2016       N Y Refinance 0 0 7,934; Springing
10 The Strand on Ocean Drive 11/2/2016 11/2/2016       N Y Refinance 0 58,217 11,643
11 Palms of Carrollwood 1/12/2017 1/12/2017       N Y Acquisition 49,375 173,328 34,666
12 Whitehall Corporate Center VI 11/14/2016 11/11/2016       N Y Refinance 0 14,329 14,330
13 Britt Lakes 9/28/2016 9/27/2016       N Y Refinance 13,570 0 14,729
14 Peachtree Mall 10/15/2015 10/16/2015       N Y Refinance 0 0 Springing
15 Summercrest Apartments 12/8/2016 12/9/2016       N Y Refinance 231,011 35,755 17,026
16 9 Barrow Owners Corp. 12/29/2016 12/29/2016       N Y Refinance 0 0 Springing
17 Holiday Inn Beaumont 12/29/2016 12/30/2016       N Y Refinance 26,750 40,212 13,404
18 Crossroads Shopping Center 8/1/2016 11/22/2016   8/1/2016 15.0% N Y Refinance 295,625 34,039 11,346
19 DoubleTree by Hilton Tempe 11/2/2016 10/31/2016       N Y Refinance 98,625 81,443 27,148
20 Beech Meadow Apartments 1/4/2017 1/5/2017       N Y Refinance 34,875 65,350 15,559
21 Brownstone Terrace 9/21/2016 9/26/2016       N Y Acquisition 1,750 42,363 10,591
22 Holiday Inn Express & Suites Riverhead 1/9/2017 1/6/2017       N Y Refinance 0 71,050 16,917
23 StaxUp Storage Homeland 11/7/2016 11/7/2016   11/7/2016 9.0% N Y Refinance 0 37,307 7,461
24 Biltmore Apartments 12/15/2016 12/14/2016       N Y Refinance 4,125 17,590 17,078
25 Raghu Apartments 12/7/2016 12/9/2016       N Y Refinance 34,267 22,793 10,854
26 Tri Retail Portfolio Various Various       N Y Acquisition 0 36,950 11,730
26.01 Target Shadow Anchored Outlot 12/12/2016 12/12/2016       N Y        
26.02 Sherwin Williams Anchored 12/1/2016 12/1/2016       N Y        
26.03 Promenade at Castle Rock 12/1/2016 12/1/2016       N Y        
27 Security Public Storage - Brea 12/14/2016 12/14/2016   12/14/2016 13.0% N Y Refinance 0 0 Springing
28 The Rochester Apartments 12/16/2016 12/14/2016       N Y Refinance 172,003 15,831 15,370
29 Grinnell Water Works 11/22/2016 12/20/2016       N Y Acquisition 0 5,087 2,544
30 Tharp Portfolio III Various Various       N Y Refinance 8,356 30,409 6,082
30.01 CVS Triangle Center 12/6/2016 12/7/2016       N Y        
30.02 Southeastern & English 12/6/2016 12/8/2016       N Y        
30.03 Fifth Third - Land Lease   12/7/2016       N Y        
30.04 Dunkin Donuts - Land Lease   12/8/2016       N Y        
31 Country Inn & Suites - Dearborn 10/13/2016 10/7/2016       N Y Refinance 0 62,026 11,814
32 Oceanview Towers Inc. 11/17/2016 11/16/2016       N Y Refinance 0 0 Springing
33 Holiday Inn Express & Suites Sedalia 12/5/2016 12/5/2016       N Y Refinance 0 17,097 4,071
34 Tulsa Shops 12/30/2016 12/29/2016       N Y Acquisition 0 25,843 5,169
35 Little York Plaza Shopping Center 1/16/2017 1/16/2017       N Y Acquisition 0 37,554 18,777
36 Haverstick Office Park 12/1/2016 12/1/2016       N Y Acquisition 0 29,046 9,682
37 118 Flats Oval 1/25/2017 1/24/2017       N Y Refinance 0 0 Springing
38 Cypress Gardens MHC 10/7/2016 10/7/2016       N Y Refinance 0 0 8,863
39 Victoria Place - CA 10/21/2016 9/14/2016   9/13/2016 13.0% N Y Refinance 0 27,608 6,902
40 Your Place Storage 11/9/2016 11/9/2016       N Y Acquisition 10,000 8,772 8,772
41 Indiana MHC Portfolio Various Various       N Y Refinance 5,500 8,681 2,756
41.01 Berkshire Pointe 12/27/2016 12/5/2016       N Y        
41.02 Amberly Pointe 12/27/2016 11/14/2016       N Y        
42 West Wind Shopping Center 12/21/2016 12/21/2016       N Y Refinance 0 15,838 7,919
43 Lithia Square 10/25/2016 10/19/2016       N Y Refinance 8,438 26,385 8,376
44 Rockville Tudor Apt. Corp. 12/20/2016 12/19/2016       N Y Refinance 0 0 Springing
45 60-104 Owners Corp. 11/15/2016 11/15/2016       N Y Refinance 0 116,082 15,337
46 55 Lenox Tenants Corporation 11/17/2016 11/17/2016       N Y Refinance 0 0 Springing
47 American Storage of Rockwall 11/4/2016 11/4/2016       N Y Acquisition 11,250 3,389 3,389
48 Sunset Green Housing Corporation 7/21/2016 7/21/2016       N Y Refinance 0 0 Springing
49 Westbrook Tenants Corporation 10/28/2016 11/11/2016       N Y Refinance 0 0 Springing
50 The Offices at Johns Creek 12/20/2016         N Y Refinance 0 10,299 3,433
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 10/27/2016 10/27/2016       N Y Refinance 0 0 Springing
52 345 Bronx River Road Owners, Inc. 1/23/2017 1/23/2017       N Y Refinance 0 0 Springing
53 Leopard Mobile Home Park 1/10/2017 1/10/2017       N Y Acquisition 30,813 9,219 4,609
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 12/20/2016 12/16/2016       N Y Refinance 0 57,717 19,239
55 Shore Road Apartment Corporation 11/16/2016 11/15/2016       N Y Refinance 0 23,999 7,165
56 Southridge Cooperative, Section 1, Inc. 1/23/2017 1/23/2017       N Y Refinance 0 0 Springing
57 323-325-327 West 11th Street Owners Corp. 1/9/2017 1/9/2017       N Y Refinance 0 0 Springing
58 156-168 East 3rd Street Owners, Inc. 1/19/2017 1/20/2017       N Y Refinance 0 0 Springing
59 Highland MHP 11/17/2016 11/17/2016   11/17/2016 10.0% N Y Acquisition 0 2,975 1,488
60 Airport Landing Apartments 1/30/2017 1/30/2017       N Y Refinance 0 43,256 12,601
61 140 Sullivan Cooperative Corp. 3/3/2016 3/1/2016       N Y Refinance 0 0 Springing

 

A-1-12 

 

 

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

 

Mortgage Loan Number Property Name Tax Escrow - Cash or LoC Tax Escrow - LoC Counterparty Insurance Escrow (Initial) Monthly Insurance Escrow ($) Insurance Escrow - Cash or LoC Insurance Escrow - LoC Counterparty Upfront Replacement Reserve ($) Monthly Replacement Reserve ($)(12) Replacement Reserve Cap ($) Replacement Reserve Escrow - Cash or LoC Replacement Reserve Escrow - LoC Counterparty
1 Hyatt Place Portfolio Cash   0 Springing     0 76,442 0 Cash  
1.01 Hyatt Place Greenville                      
1.02 Hyatt Place Charlotte                      
1.03 Hyatt Place Dallas                      
1.04 Hyatt Place Alpharetta                      
1.05 Hyatt Place Topeka                      
1.06 Hyatt Place Roanoke                      
2 McLean Data Center Portfolio Cash   0 Springing     0 Springing 0    
3 International Paper Global HQ     0 Springing     0 Springing 0    
4 Preferred Freezer Vernon     0 Springing     0 Springing 0    
5 Promenade at Tutwiler Farm     0 Springing     0 Springing 0    
6 Jamboree Business Center Cash   0 Springing     0 2,605 0 Cash  
7 Cleveland Technology Center     0 Springing     0 4,504 0 Cash  
8 Five Star Self-Storage Portfolio Cash   24,956 Springing Cash   0 1,941 0 Cash  
8.01 Lohr Circle                      
8.02 Ferndale                      
8.03 Airey Court                      
8.04 Highland                      
8.05 Chesterland                      
8.06 Englewood                      
8.07 Lansing                      
9 Carrollton Avenue Shopping Center Cash   0 Springing     0 859; Springing 0 Cash  
10 The Strand on Ocean Drive Cash   7,107 592 Cash   0 158 0 Cash  
11 Palms of Carrollwood Cash   9,043 9,043 Cash   0 3,638 0 Cash  
12 Whitehall Corporate Center VI Cash   0 Springing     0 1,948 0 Cash  
13 Britt Lakes Cash   37,541 3,128 Cash   0 4,500 162,000 Cash  
14 Peachtree Mall     0 Springing     0 Springing 0    
15 Summercrest Apartments Cash   118,044 10,220 Cash   300,000 8,875 500,000 Cash  
16 9 Barrow Owners Corp.     0 Springing     0 0 0    
17 Holiday Inn Beaumont Cash   70,026 10,004 Cash   0 23,186 0 Cash  
18 Crossroads Shopping Center Cash   16,438 1,264 Cash   112,500 610 51,206 Cash  
19 DoubleTree by Hilton Tempe Cash   67,366 6,737 Cash   0 1/12 of 5.00% of annual operating income 0 Cash  
20 Beech Meadow Apartments Cash   35,832 5,688 Cash   0 5,667 0 Cash  
21 Brownstone Terrace Cash   14,212 3,553 Cash   0 3,025 0 Cash  
22 Holiday Inn Express & Suites Riverhead Cash   69,096 5,982 Cash   0 12,866 0 Cash  
23 StaxUp Storage Homeland Cash   4,307 538 Cash   0 1,142 0 Cash  
24 Biltmore Apartments Cash   17,104 4,152 Cash   0 3,875 0 Cash  
25 Raghu Apartments Cash   65,048 5,632 Cash   200,000 5,850 400,000 Cash  
26 Tri Retail Portfolio Cash   1,283 611 Cash   0 298 0 Cash  
26.01 Target Shadow Anchored Outlot                      
26.02 Sherwin Williams Anchored                      
26.03 Promenade at Castle Rock                      
27 Security Public Storage - Brea     0 Springing     0 Springing 0    
28 The Rochester Apartments Cash   15,466 3,754 Cash   0 3,500 0 Cash  
29 Grinnell Water Works Cash   6,130 2,043 Cash   0 1,515 0 Cash  
30 Tharp Portfolio III Cash   17,261 1,438 Cash   600 600 0 Cash  
30.01 CVS Triangle Center                      
30.02 Southeastern & English                      
30.03 Fifth Third - Land Lease                      
30.04 Dunkin Donuts - Land Lease                      
31 Country Inn & Suites - Dearborn Cash   16,794 1,999 Cash   0 8,092 485,545 Cash  
32 Oceanview Towers Inc.     0 Springing     0 0 0    
33 Holiday Inn Express & Suites Sedalia Cash   30,978 Springing Cash   0 6,988 0 Cash  
34 Tulsa Shops Cash   4,745 2,373 Cash   0 1,149 0 Cash  
35 Little York Plaza Shopping Center Cash   31,036 3,449 Cash   0 3,646 0 Cash  
36 Haverstick Office Park Cash   1,443 1,443 Cash   0 1,464; Springing 60,000 Cash  
37 118 Flats Oval     0 Springing     0 667 0 Cash  
38 Cypress Gardens MHC Cash   25,690 2,447 Cash   0 1,121 0 Cash  
39 Victoria Place - CA Cash   0 Springing     0 791; Springing 18,984 Cash  
40 Your Place Storage Cash   1,830 1,830 Cash   1,004 1,004 0 Cash  
41 Indiana MHC Portfolio Cash   6,170 840 Cash   0 1,040 0 Cash  
41.01 Berkshire Pointe                      
41.02 Amberly Pointe                      
42 West Wind Shopping Center Cash   20,115 2,786 Cash   24,660 685 24,660 Cash  
43 Lithia Square Cash   15,392 2,094 Cash   0 1,150 0 Cash  
44 Rockville Tudor Apt. Corp.     0 Springing     0 0 0    
45 60-104 Owners Corp. Cash   0 Springing     0 0 0    
46 55 Lenox Tenants Corporation     0 Springing     0 0 0    
47 American Storage of Rockwall Cash   1,606 1,606 Cash   603 603 21,708 Cash  
48 Sunset Green Housing Corporation     0 Springing     0 0 0    
49 Westbrook Tenants Corporation     0 Springing     0 0 0    
50 The Offices at Johns Creek Cash   1,078 538 Cash   0 530 20,000 Cash  
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc.     0 Springing     0 0 0    
52 345 Bronx River Road Owners, Inc.     0 Springing     0 0 0    
53 Leopard Mobile Home Park Cash   2,861 1,431 Cash   767 767 0 Cash  
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. Cash   0 Springing     0 0 0    
55 Shore Road Apartment Corporation Cash   0 Springing     0 0 0    
56 Southridge Cooperative, Section 1, Inc.     0 Springing     0 0 0    
57 323-325-327 West 11th Street Owners Corp.     0 Springing     0 0 0    
58 156-168 East 3rd Street Owners, Inc.     0 Springing     0 0 0    
59 Highland MHP Cash   475 475 Cash   308 308 0 Cash  
60 Airport Landing Apartments Cash   33,918 10,542 Cash   0 5,000 120,000 Cash  
61 140 Sullivan Cooperative Corp.     0 Springing     0 0 0    

 

A-1-13 

 

 

                       
ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
 
Mortgage Loan Number Property Name Upfront TI/LC Reserve ($)(11) Monthly TI/LC Reserve ($)(13) TI/LC Reserve Cap ($) TI/LC Escrow - Cash or LoC TI/LC Escrow - LoC Counterparty Debt Service Escrow (Initial) ($) Debt Service Escrow (Monthly) ($) Debt Service Escrow - Cash or LoC Debt Service Escrow - LoC Counterparty Other Escrow I Reserve Description
1 Hyatt Place Portfolio 0 0 0     0 0     Property Improvement Plan (PIP) Reserve
1.01 Hyatt Place Greenville                    
1.02 Hyatt Place Charlotte                    
1.03 Hyatt Place Dallas                    
1.04 Hyatt Place Alpharetta                    
1.05 Hyatt Place Topeka                    
1.06 Hyatt Place Roanoke                    
2 McLean Data Center Portfolio 0 Springing 0     0 0      
3 International Paper Global HQ 3,662,738 53,515 3,210,900 Cash   0 0      
4 Preferred Freezer Vernon 0 0 0     0 0      
5 Promenade at Tutwiler Farm 0 Springing 0     0 0      
6 Jamboree Business Center 0 Springing 0     0 0     Working Capital Reserve
7 Cleveland Technology Center 0 Springing 0     0 0      
8 Five Star Self-Storage Portfolio 0 0 0     0 0      
8.01 Lohr Circle                    
8.02 Ferndale                    
8.03 Airey Court                    
8.04 Highland                    
8.05 Chesterland                    
8.06 Englewood                    
8.07 Lansing                    
9 Carrollton Avenue Shopping Center 0 6,010 216,372 Cash   0 0      
10 The Strand on Ocean Drive 250,000 1,055 0 Cash   0 0     Free Rent / Common Charges Reserve
11 Palms of Carrollwood 0 12,500 600,000 Cash   0 0      
12 Whitehall Corporate Center VI 0 0 0     0 0     Advantage Sales/ChassisLink/Home Point TILC Reserve
13 Britt Lakes 0 0 0     0 0      
14 Peachtree Mall 0 Springing 0     0 0      
15 Summercrest Apartments 0 0 0     0 0      
16 9 Barrow Owners Corp. 0 0 0     0 0     Collateral Security Agreement for Capital Improvements
17 Holiday Inn Beaumont 0 0 0     0 0     PIP Reserve
18 Crossroads Shopping Center 8,750 3,810 228,600 Cash   0 0      
19 DoubleTree by Hilton Tempe 0 0 0     0 0     Carry Cost Reserve
20 Beech Meadow Apartments 0 0 0     0 0      
21 Brownstone Terrace 0 0 0     0 0      
22 Holiday Inn Express & Suites Riverhead 0 0 0     0 0     PIP Reserve
23 StaxUp Storage Homeland 0 0 0     0 0      
24 Biltmore Apartments 0 0 0     0 0      
25 Raghu Apartments 0 0 0     0 0      
26 Tri Retail Portfolio 0 1,865 0 Cash   0 0      
26.01 Target Shadow Anchored Outlot                    
26.02 Sherwin Williams Anchored                    
26.03 Promenade at Castle Rock                    
27 Security Public Storage - Brea 0 0 0     0 0      
28 The Rochester Apartments 0 0 0     0 0      
29 Grinnell Water Works 100,000 4,329 200,000 Cash   0 0     Interact Skills TI Reserve
30 Tharp Portfolio III 1,265 1,265; Springing 100,000 Cash   0 0     Two Amigos Rent Reserve
30.01 CVS Triangle Center                    
30.02 Southeastern & English                    
30.03 Fifth Third - Land Lease                    
30.04 Dunkin Donuts - Land Lease                    
31 Country Inn & Suites - Dearborn 0 0 0     0 0      
32 Oceanview Towers Inc. 0 0 0     0 0     Collateral Security Agreement for Capital Improvements
33 Holiday Inn Express & Suites Sedalia 0 0 0     0 0     PIP Reserve
34 Tulsa Shops 0 3,753 0 Cash   0 0      
35 Little York Plaza Shopping Center 0 7,022 350,000 Cash   0 0      
36 Haverstick Office Park 150,000 8,320 350,000 Cash   0 0      
37 118 Flats Oval 0 0 0     0 0      
38 Cypress Gardens MHC 0 0 0     0 0      
39 Victoria Place - CA 0 2,632 63,168 Cash   0 0     Springing Big 5 Sporting Goods/Social Security Administration Reserve
40 Your Place Storage 0 0 0     0 0      
41 Indiana MHC Portfolio 0 0 0     0 0      
41.01 Berkshire Pointe                    
41.02 Amberly Pointe                    
42 West Wind Shopping Center 150,000 3,513 150,000 Cash   0 0      
43 Lithia Square 50,000 2,500 150,000 Cash   0 0      
44 Rockville Tudor Apt. Corp. 0 0 0     0 0      
45 60-104 Owners Corp. 0 0 0     0 0     Collateral Security Agreement for Repair Work
46 55 Lenox Tenants Corporation 0 0 0     0 0      
47 American Storage of Rockwall 0 0 0     0 0      
48 Sunset Green Housing Corporation 0 0 0     0 0      
49 Westbrook Tenants Corporation 0 0 0     0 0      
50 The Offices at Johns Creek 0 2,375 110,000 Cash   0 0     Springing Fusion Sleep Reserve
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 0 0 0     0 0     Collateral Security Agreement for Capital Improvements
52 345 Bronx River Road Owners, Inc. 0 0 0     0 0      
53 Leopard Mobile Home Park 0 0 0     0 0      
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 0 0 0     0 0     Collateral Security Agreement for Capital Improvements
55 Shore Road Apartment Corporation 0 0 0     0 0      
56 Southridge Cooperative, Section 1, Inc. 0 0 0     0 0     Collateral Security Agreement for Capital Improvements
57 323-325-327 West 11th Street Owners Corp. 0 0 0     0 0      
58 156-168 East 3rd Street Owners, Inc. 0 0 0     0 0      
59 Highland MHP 0 0 0     0 0      
60 Airport Landing Apartments 0 0 0     0 0      
61 140 Sullivan Cooperative Corp. 0 0 0     0 0      

  

A-1-14 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                           
Mortgage Loan Number Property Name Other Escrow I (Initial) ($)(5)(11) Other Escrow I (Monthly) ($) Other Escrow I Cap ($) Other Escrow I Escrow - Cash or LoC Other  Escrow I - LoC Counterparty Other Escrow II Reserve Description Other Escrow II (Initial) ($)(11) Other Escrow II (Monthly) ($) Other Escrow II Cap ($) Other Escrow II Escrow - Cash or LoC Other  Escrow II - LoC Counterparty Holdback(7)
1 Hyatt Place Portfolio 3,557,583 0 0 Cash     0 0 0      
1.01 Hyatt Place Greenville                        
1.02 Hyatt Place Charlotte                        
1.03 Hyatt Place Dallas                        
1.04 Hyatt Place Alpharetta                        
1.05 Hyatt Place Topeka                        
1.06 Hyatt Place Roanoke                        
2 McLean Data Center Portfolio 0 0 0       0 0 0      
3 International Paper Global HQ 0 0 0       0 0 0      
4 Preferred Freezer Vernon 0 0 0       0 0 0      
5 Promenade at Tutwiler Farm 0 0 0       0 0 0      
6 Jamboree Business Center 900,000 0 0 Cash     0 0 0      
7 Cleveland Technology Center 0 0 0       0 0 0      
8 Five Star Self-Storage Portfolio 0 0 0       0 0 0      
8.01 Lohr Circle                        
8.02 Ferndale                        
8.03 Airey Court                        
8.04 Highland                        
8.05 Chesterland                        
8.06 Englewood                        
8.07 Lansing                        
9 Carrollton Avenue Shopping Center 0 0 0       0 0 0      
10 The Strand on Ocean Drive 566,051 14,531 0 Cash   Food Court Lease Reserve 3,100,000 0 0 Cash    
11 Palms of Carrollwood 0 0 0       0 0 0      
12 Whitehall Corporate Center VI 0 9,738; Springing 725,000 Cash     0 0 0      
13 Britt Lakes 0 0 0       0 0 0      
14 Peachtree Mall 0 0 0       0 0 0      
15 Summercrest Apartments 0 0 0       0 0 0      
16 9 Barrow Owners Corp. 2,500,000 0 0 Cash     0 0 0      
17 Holiday Inn Beaumont 678,863 0 0 Cash   Hotel Tax / Seasonality Reserve 0 Springing 0      
18 Crossroads Shopping Center 0 0 0       0 0 0      
19 DoubleTree by Hilton Tempe 225,210 Springing 225,210 Cash   Seasonal Working Capital Reserve 0 150,000; Springing 0 Cash    
20 Beech Meadow Apartments 0 0 0       0 0 0      
21 Brownstone Terrace 0 0 0       0 0 0      
22 Holiday Inn Express & Suites Riverhead 1,500,000 0 0 Cash     0 0 0      
23 StaxUp Storage Homeland 0 0 0       0 0 0      
24 Biltmore Apartments 0 0 0       0 0 0      
25 Raghu Apartments 0 0 0       0 0 0      
26 Tri Retail Portfolio 0 0 0       0 0 0      
26.01 Target Shadow Anchored Outlot                        
26.02 Sherwin Williams Anchored                        
26.03 Promenade at Castle Rock                        
27 Security Public Storage - Brea 0 0 0       0 0 0      
28 The Rochester Apartments 0 0 0       0 0 0      
29 Grinnell Water Works 11,498 0 0 Cash     0 0 0      
30 Tharp Portfolio III 11,500 0 0 Cash     0 0 0      
30.01 CVS Triangle Center                        
30.02 Southeastern & English                        
30.03 Fifth Third - Land Lease                        
30.04 Dunkin Donuts - Land Lease                        
31 Country Inn & Suites - Dearborn 0 0 0       0 0 0      
32 Oceanview Towers Inc. 500,000 0 0 Cash     0 0 0      
33 Holiday Inn Express & Suites Sedalia 1,758,247 0 0 Cash     0 0 0      
34 Tulsa Shops 0 0 0       0 0 0      
35 Little York Plaza Shopping Center 0 0 0       0 0 0     1,168,500
36 Haverstick Office Park 0 0 0       0 0 0      
37 118 Flats Oval 0 0 0       0 0 0      
38 Cypress Gardens MHC 0 0 0       0 0 0      
39 Victoria Place - CA 0 Springing 0       0 0 0     240,000
40 Your Place Storage 0 0 0       0 0 0      
41 Indiana MHC Portfolio 0 0 0       0 0 0      
41.01 Berkshire Pointe                        
41.02 Amberly Pointe                        
42 West Wind Shopping Center 0 0 0       0 0 0      
43 Lithia Square 0 0 0       0 0 0      
44 Rockville Tudor Apt. Corp. 0 0 0       0 0 0      
45 60-104 Owners Corp. 111,250 0 0 Cash     0 0 0      
46 55 Lenox Tenants Corporation 0 0 0       0 0 0      
47 American Storage of Rockwall 0 0 0       0 0 0      
48 Sunset Green Housing Corporation 0 0 0       0 0 0      
49 Westbrook Tenants Corporation 0 0 0       0 0 0      
50 The Offices at Johns Creek 0 Springing 0     Springing Skylark Reserve 0 Springing 0      
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 500,000 0 0 Cash     0 0 0      
52 345 Bronx River Road Owners, Inc. 0 0 0       0 0 0      
53 Leopard Mobile Home Park 0 0 0       0 0 0      
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 150,000 0 0 Cash     0 0 0      
55 Shore Road Apartment Corporation 0 0 0       0 0 0      
56 Southridge Cooperative, Section 1, Inc. 1,000,000 0 0 Cash     0 0 0      
57 323-325-327 West 11th Street Owners Corp. 0 0 0       0 0 0      
58 156-168 East 3rd Street Owners, Inc. 0 0 0       0 0 0      
59 Highland MHP 0 0 0       0 0 0      
60 Airport Landing Apartments 0 0 0       0 0 0      
61 140 Sullivan Cooperative Corp. 0 0 0       0 0 0      

  

A-1-15 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES        
                           
Mortgage Loan Number Property Name Ownership Interest Ground Lease Initial Expiration Date Annual Ground Rent Payment Annual Ground Rent Increases Lockbox Whole Loan Cut-off Date Balance ($) Whole Loan Debt Service ($) Subordinate Secured Debt Original Balance ($) Subordinate Secured Debt Cut-off Date Balance ($) Whole Loan U/W NOI DSCR (x) Whole Loan U/W NCF DSCR (x) Whole Loan Cut-off Date LTV Ratio
1 Hyatt Place Portfolio Fee       Hard/Springing Cash Management              
1.01 Hyatt Place Greenville Fee                      
1.02 Hyatt Place Charlotte Fee                      
1.03 Hyatt Place Dallas Fee                      
1.04 Hyatt Place Alpharetta Fee                      
1.05 Hyatt Place Topeka Fee                      
1.06 Hyatt Place Roanoke Fee                      
2 McLean Data Center Portfolio Fee       Hard/Upfront Cash Management              
3 International Paper Global HQ Fee       Hard/Upfront Cash Management              
4 Preferred Freezer Vernon Fee       Hard/Upfront Cash Management              
5 Promenade at Tutwiler Farm Fee       Springing              
6 Jamboree Business Center Fee       Hard/Springing Cash Management              
7 Cleveland Technology Center Fee       Hard/Springing Cash Management              
8 Five Star Self-Storage Portfolio Fee       Hard/Upfront Cash Management              
8.01 Lohr Circle Fee                      
8.02 Ferndale Fee                      
8.03 Airey Court Fee                      
8.04 Highland Fee                      
8.05 Chesterland Fee                      
8.06 Englewood Fee                      
8.07 Lansing Fee                      
9 Carrollton Avenue Shopping Center Fee       Soft/Springing Cash Management               
10 The Strand on Ocean Drive Fee       Hard/Springing Cash Management              
11 Palms of Carrollwood Fee       Springing              
12 Whitehall Corporate Center VI Fee       Hard/Upfront Cash Management              
13 Britt Lakes Fee       None              
14 Peachtree Mall Fee       Hard/Springing Cash Management              
15 Summercrest Apartments Fee       Springing              
16 9 Barrow Owners Corp. Fee       None 11,750,000 39,669 750,000 0 6.33 6.30 14.1%
17 Holiday Inn Beaumont Fee       Springing              
18 Crossroads Shopping Center Fee       Hard/Springing Cash Management              
19 DoubleTree by Hilton Tempe Fee       Hard/Springing Cash Management              
20 Beech Meadow Apartments Fee       Springing              
21 Brownstone Terrace Fee       Springing              
22 Holiday Inn Express & Suites Riverhead Fee       Hard/Springing Cash Management              
23 StaxUp Storage Homeland Fee       Springing              
24 Biltmore Apartments Fee       Springing              
25 Raghu Apartments Fee       Springing              
26 Tri Retail Portfolio Fee       Springing              
26.01 Target Shadow Anchored Outlot Fee                      
26.02 Sherwin Williams Anchored Fee                      
26.03 Promenade at Castle Rock Fee                      
27 Security Public Storage - Brea Fee       None              
28 The Rochester Apartments Fee       Springing              
29 Grinnell Water Works Fee       Hard/Springing Cash Management              
30 Tharp Portfolio III Fee       Springing              
30.01 CVS Triangle Center Fee                      
30.02 Southeastern & English Fee                      
30.03 Fifth Third - Land Lease Fee                      
30.04 Dunkin Donuts - Land Lease Fee                      
31 Country Inn & Suites - Dearborn Fee       Springing              
32 Oceanview Towers Inc. Fee       None              
33 Holiday Inn Express & Suites Sedalia Fee       Springing              
34 Tulsa Shops Fee       Hard/Springing Cash Management              
35 Little York Plaza Shopping Center Fee       Springing              
36 Haverstick Office Park Fee       None              
37 118 Flats Oval Fee       Hard/Springing Cash Management              
38 Cypress Gardens MHC Fee       Springing              
39 Victoria Place - CA Fee       Springing              
40 Your Place Storage Fee       Springing              
41 Indiana MHC Portfolio Fee       Springing              
41.01 Berkshire Pointe Fee                      
41.02 Amberly Pointe Fee                      
42 West Wind Shopping Center Fee       None              
43 Lithia Square Fee       Springing              
44 Rockville Tudor Apt. Corp. Fee       None 4,300,000 20,021 500,000 0 3.66 3.60 32.6%
45 60-104 Owners Corp. Fee       None 3,844,361 16,685 500,000 264 5.49 5.38 18.7%
46 55 Lenox Tenants Corporation Fee       None              
47 American Storage of Rockwall Fee       Springing              
48 Sunset Green Housing Corporation Fee       None 3,491,381 16,786 500,000 0 3.55 3.47 32.3%
49 Westbrook Tenants Corporation Fee       None 3,241,111 15,399 250,000 0 6.47 6.33 16.0%
50 The Offices at Johns Creek Fee       None              
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. Fee       None 3,086,811 14,060 250,000 0 4.81 4.71 18.9%
52 345 Bronx River Road Owners, Inc. Fee       None 3,000,000 14,352 500,000 0 3.95 3.79 23.7%
53 Leopard Mobile Home Park Fee       Springing              
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. Fee       None 2,597,823 10,963 500,000 0 6.14 5.94 15.0%
55 Shore Road Apartment Corporation Fee       None 2,593,717 11,948 500,000 0 3.91 3.79 29.5%
56 Southridge Cooperative, Section 1, Inc. Fee       None              
57 323-325-327 West 11th Street Owners Corp. Fee       None 2,097,415 9,872 500,000 0 6.92 6.78 6.4%
58 156-168 East 3rd Street Owners, Inc. Fee       None              
59 Highland MHP Fee       Springing              
60 Airport Landing Apartments Fee       None              
61 140 Sullivan Cooperative Corp. Fee       None 1,500,000 5,737 500,000 0 15.27 15.24 5.1%

 

A-1-16 

 

 

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 Affiliated Sponsors Mortgage Loan Number
1 Hyatt Place Portfolio       William Lee Nelson; American Hospitality Properties Fund I, LLC; American Hospitality Properties Fund III, LLC   1
1.01 Hyatt Place Greenville           1.01
1.02 Hyatt Place Charlotte           1.02
1.03 Hyatt Place Dallas           1.03
1.04 Hyatt Place Alpharetta           1.04
1.05 Hyatt Place Topeka           1.05
1.06 Hyatt Place Roanoke           1.06
2 McLean Data Center Portfolio       Carter Validus Mission Critical REIT II, Inc.   2
3 International Paper Global HQ       AG Net Lease III Corp.; AG Net Lease III (SO) Corp.   3
4 Preferred Freezer Vernon       Sherwin Jarol   4
5 Promenade at Tutwiler Farm       E. Stanley Kroenke   5
6 Jamboree Business Center       GEM Realty Evergreen Fund, L.P.; Pendulum Property Partners, LLC   6
7 Cleveland Technology Center       H5 Data Centers; Josh Simms   7
8 Five Star Self-Storage Portfolio     1,500,000 Fred Phillip Schwartz; Susan Hoffman; Baruch Chaim Manies   8
8.01 Lohr Circle     322,776     8.01
8.02 Ferndale     318,741     8.02
8.03 Airey Court     251,262     8.03
8.04 Highland     221,908     8.04
8.05 Chesterland     181,561     8.05
8.06 Englewood     121,041     8.06
8.07 Lansing     82,711     8.07
9 Carrollton Avenue Shopping Center       Jeffrey J. Feil   9
10 The Strand on Ocean Drive       Joseph Nakash; Eli Gindi   10
11 Palms of Carrollwood       Wallace Enterprises Inc.; Nina W. Broach; John White-Spunner   11
12 Whitehall Corporate Center VI     850,000 Riprand Count Arco   12
13 Britt Lakes       William O. Richardson; Horace William Miller IV   13
14 Peachtree Mall       General Growth Partners   14
15 Summercrest Apartments       Arun Verma Y - Group 1 15
16 9 Barrow Owners Corp. 25.7% 25.5%       16
17 Holiday Inn Beaumont       Summit11   17
18 Crossroads Shopping Center       Calvin Phan; Jessica Nguyen   18
19 DoubleTree by Hilton Tempe     2,198,500 Driftwood Hospitality Management, LLC   19
20 Beech Meadow Apartments       Shlomo Tress; Yechezkel Landau   20
21 Brownstone Terrace       David Brecher   21
22 Holiday Inn Express & Suites Riverhead       Albert L. Salvatico   22
23 StaxUp Storage Homeland       Randall Strauss   23
24 Biltmore Apartments       William Ian MacDonald Y - Group 2 24
25 Raghu Apartments       Arun Verma Y - Group 1 25
26 Tri Retail Portfolio       Dean Shabbouei   26
26.01 Target Shadow Anchored Outlot           26.01
26.02 Sherwin Williams Anchored           26.02
26.03 Promenade at Castle Rock           26.03
27 Security Public Storage - Brea       Michael B. Eisler; Michael S. Orwitz; The Michael Bradley Eisler Revocable Trust; Michael Orwitz Living Trust; BACO Realty Corporation   27
28 The Rochester Apartments       William Ian MacDonald Y - Group 2 28
29 Grinnell Water Works       Saturn Property Investments, LLC   29
30 Tharp Portfolio III       Donald J. Tharp; Marsha Tharp   30
30.01 CVS Triangle Center           30.01
30.02 Southeastern & English           30.02
30.03 Fifth Third - Land Lease           30.03
30.04 Dunkin Donuts - Land Lease           30.04
31 Country Inn & Suites - Dearborn       Saad Roumaya   31
32 Oceanview Towers Inc.           32
33 Holiday Inn Express & Suites Sedalia       Larry-Bharat Patel   33
34 Tulsa Shops       Joseph Goldstein   34
35 Little York Plaza Shopping Center       Plaza Fiesta, LLC; Washington State Investment Board   35
36 Haverstick Office Park       Abhishek Mathur; Brian Adams   36
37 118 Flats Oval       James R. Wymer   37
38 Cypress Gardens MHC       Jan-Marie Cassidy; Lee S. Cassidy   38
39 Victoria Place - CA       Stephen B. Jaeger; The Stephen B. Jaeger Living Trust   39
40 Your Place Storage       Daniel A. Myers   40
41 Indiana MHC Portfolio       Kurtis P. Keeney; Nathan G. Smith   41
41.01 Berkshire Pointe           41.01
41.02 Amberly Pointe           41.02
42 West Wind Shopping Center       Martin Hampton; Stacy Hampton   42
43 Lithia Square       Aristides Sideris; Mark Silverman   43
44 Rockville Tudor Apt. Corp. 20.5% 20.1%       44
45 60-104 Owners Corp. 28.6% 28.0%       45
46 55 Lenox Tenants Corporation           46
47 American Storage of Rockwall       William S. Slaughter; Kendra Y. Slaughter   47
48 Sunset Green Housing Corporation 20.5% 20.0%       48
49 Westbrook Tenants Corporation 36.9% 36.1%       49
50 The Offices at Johns Creek       Rembert T. Cribb   50
51 Beach 124 Apt. Inc. a/k/a Beach 124 Apt Inc. 26.3% 25.8%       51
52 345 Bronx River Road Owners, Inc. 22.7% 21.8%       52
53 Leopard Mobile Home Park       Eliot B. Barnett; Ken Bruder; Norman Winton   53
54 Brigham Shellbank Cooperative Inc. a/k/a Brigham Shellbank Cooperative, Inc. 31.1% 30.1%       54
55 Shore Road Apartment Corporation 21.6% 20.9%       55
56 Southridge Cooperative, Section 1, Inc.           56
57 323-325-327 West 11th Street Owners Corp. 39.1% 38.3%       57
58 156-168 East 3rd Street Owners, Inc.           58
59 Highland MHP       Harold Higgins; Gayle E. Pereira   59
60 Airport Landing Apartments       Leon Mucasey   60
61 140 Sullivan Cooperative Corp. 70.1% 70.0%       61

 

A-1-17 

 

 

  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) “AREF” denotes Argentic Real Estate Finance LLC, “RMF” denotes Rialto Mortgage Finance, LLC, “NCB” denotes National Cooperative Bank, N.A., “CIIICM” denotes C-III Commercial Mortgage LLC and “WFB” denotes Wells Fargo Bank, National Association.
   
(2) For mortgage loan #7 (Cleveland Technology Center), the Number of Units includes 112,869 square feet of data center space, 61,114 square feet of warehouse space, 25,645 square feet of colocation space, 5,923 square feet of office space, 4,150 square feet of connectivity space and 60,484 square feet of raw space.  
   
  For mortgage loan #9 (Carrollton Avenue Shopping Center), the Number of Units includes the largest and second largest tenants (150,000 and 13,225 square feet, respectively), representing 79.2% of net rentable square feet, who lease their collateral pad sites and the improvements built on the pad sites are owned by the tenant.
   
  For mortgage loan #23 (StaxUp Storage Homeland), the Number of Units does not include 285 RV sites that are included in U/W Revenues.
   
  For mortgage loan #30 (Tharp Portfolio III), the Number of Units does not include the fourth largest tenant (Fifth Third Bank) and fifth largest tenant (Dunkin’ Donuts) at the portfolio (4,956 and 3,120 square feet, respectively), who lease their collateral pad sites and own the improvements built on the pad sites.
   
  For mortgage loan #53 (Leopard Mobile Home Park), the Number of Units and U/W Revenues includes 66 RV sites and two single-family homes.
   
  For mortgage loan #59 (Highland MHP), the Number of Units and U/W Revenues includes 21 RV sites.
   
(3) For mortgage loan #60 (Airport Landing Apartments), the loan was originated in 2001 and the lockout period has expired.
   
(4) For mortgage loan #14 (Peachtree Mall), a one-time grace period default of two business days is permitted during the mortgage loan term.
   
(5) For mortgage loan #12 (Whitehall Corporate Center VI), the appraised value of $18,800,000 assumes the outstanding tenant improvement and leasing commissions have not been paid and the mortgaged property is not stabilized. The appraised value of $20,000,000 assumes the outstanding tenant improvements and leasing commissions have been paid but the property is not stabilized. The Appraised Value represents the value given that all tenant improvement and leasing commissions have been paid and the mortgaged property is stabilized at full market rents as of September 1, 2017.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $20,000,000 appraised value are 71.8% and 59.5%, respectively.
   
  For mortgage loan #17 (Holiday Inn Beaumont), the Appraised Value is based on the assumption that a property improvement plan (“PIP”) has been completed in accordance with the brand requirements. Approximately $3,900,000 of the $4,400,000 PIP has been completed. A $678,863 reserve (125% of the estimated remaining PIP costs) was established at origination for the remaining PIP work, which is expected to be completed by the second quarter of 2017.
   
  For mortgage loan #22 (Holiday Inn Express & Suites Riverhead), the Appraised Value is based on the assumption that capital improvements of $1,500,000 are completed by January 1st, 2018.  A $1,500,000 reserve was taken at origination representing the outstanding capital improvements. The appraised value assuming the capital improvements have not been completed is $14,600,000. The

 

A-1-18 

 

 

   
  Cut-Off Date LTV Ratio and LTV Ratio at Maturity, assuming the $14,600,000 appraised value, are 61.6% and 51.2%, respectively.
   
(6) For mortgage loan #14 (Peachtree Mall), the mortgage loan represents Note A-4 of four pari passu notes, which have a combined Cut-off Date Balance of $78,896,500.  Note A-1, Note A-2 and Note A-3 are 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, Note A-2, Note A-3 and Note A-4 in the aggregate (the “Peachtree Mall Whole Loan”). Note A-4 represents a non-controlling interest in the Peachtree Mall Whole Loan.
   
  For mortgage loan #19 (DoubleTree by Hilton Tempe), the mortgage loan represents Note A-2 of two pari passu notes, which have a combined Cut-off Date Balance of $20,533,701.  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 “DoubleTree by Hilton Tempe Whole Loan”). Note A-2 represents a non-controlling interest in the DoubleTree by Hilton Tempe Whole Loan.
   
(7) For mortgage loan #35 (Little York Plaza Shopping Center), All LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $5,581,000.  Provided there has been no event of default, the Holdback can be disbursed in whole provided that the following conditions are satisfied: (i) the guarantor maintains a minimum net worth of at least $5,581,000; and (ii) the guarantor maintains liquidity of at least $250,000. If the Holdback has not been released by July 24, 2018, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower.  Assuming the full Holdback balance is applied to the full loan amount of $5,581,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 45.2%, 45.2%, 3.43x, 2.96x, 16.7% and 14.4%, respectively.
   
  For mortgage loan #39 (Victoria Place – CA), All LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $4,800,000.  Provided there has been no event of default, the Holdback can be disbursed in whole provided that the following conditions are satisfied: (i) the fourth largest tenant (2,100 square feet), representing 4.9% of net rentable square feet, is in occupancy, open for business and paying full unabated rent; or (ii) the net cash flow debt yield is at least 9.47%. If the Holdback has not been released by December 1, 2018, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower.  Assuming the full Holdback balance is applied to the full loan amount of $4,800,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 64.2%, 54.8%, 1.74x, 1.59x, 10.9% and 10.0%, respectively.
   
(8) For mortgage loan #17 (Holiday Inn Beaumont), food and beverage income accounts for approximately 28.0% of U/W Revenues.
   
  For mortgage loan #19 (DoubleTree by Hilton Tempe), food and beverage income accounts for approximately 28.4% of U/W Revenues.
   
(9) For mortgage loan #18  (Crossroads Shopping Center), the largest tenant (4,400 square feet), representing 12.0% of net rentable square feet, occupies a portion of their space (1,200 square feet) on a month to month basis. The tenant has occupied such space since 2009.
   
(10) The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.
   
  For mortgage loan #6 (Jamboree Business Center), the second largest tenant (26,582 square feet), representing 17.0% of the net rentable square feet, has the right to reduce its space by 6,635 square feet on December 31, 2019 by providing nine months’ written notice. If this option is not exercised, the borrower is required to pay the tenant an amount equal to $217,972 by January 31, 2020. The third largest tenant (20,132 square feet), representing 12.9% of the net rentable square feet, may

 

A-1-19 

 

 

   
  terminate its lease beginning on February 29, 2020, with 270 days’ written notice and a termination payment equal to the sum of: (i) $114,394; (ii) the sum of the first four months’ rent; and (iii) unamortized tenant improvements and leasing costs. The fourth largest tenant (18,270 square feet), representing 11.7% of the net rentable square feet, may terminate its lease beginning on June 30, 2021, with 365 days’ written notice and a termination payment equal to the sum of: (i) $83,677; and (ii) the sum of eight months’ rent and unamortized tenant improvements and leasing costs, calculated on a straight-line basis.  
   
  For mortgage loan #9 (Carrollton Avenue Shopping Center), the largest tenant (150,000 square feet), representing 72.8% of net rentable square feet, may terminate the lease on its gas station parcel if they elect to cease operations of the gas station.
   
  For mortgage loan #11 (Palms of Carrollwood), the largest tenant (35,931 square feet), representing 21.4% of the net rentable area may terminate its lease if the borrower fails to maintain a minimum number of parking spaces in certain defined parking areas by providing 120 days written notice of such failure. No such notice has been received, however, the number of parking spaces in the defined parking areas currently does not meet the minimum threshold by seven total parking spaces (four in the parking area to the west and three in the parking area to the east).  The borrower is required to add the additional seven parking spaces within 45 days of origination of the mortgage loan and has deposited $10,000 in an escrow account. Additionally, non-recourse carveouts were expanded to include any loss resulting from the failure to be in compliance with the parking requirements detailed in the lease.
   
  For mortgage loan #12 (Whitehall Corporate Center VI), the largest tenant (25,003 square feet), representing 21.4% of net rentable square feet, may terminate its lease as of November 30, 2019 upon providing written notice by February 28, 2019 and payment of all unamortized tenant improvements, leasing commissions and free rent.  The largest tenant also has a one-time right to return up to 25% of its space as of May 31, 2019 upon providing six months’ written notice and payment of all pro rata unamortized tenant improvements, leasing commissions and free rent.
   
  For mortgage loan #14 (Peachtree Mall), the fourth largest tenant (21,210 square feet), representing 4.0% of the net rentable square feet, may terminate its lease if sales for the period beginning January 1, 2019 through December 31, 2019 do not exceed $2,800,000 by providing 365 days’ written notice by June 30, 2020 and paying a termination fee equal to 50% of all unamortized tenant improvements and leasing commissions. The fifth largest tenant (13,159 square feet), representing 2.5% of the net rentable square feet, has the option to terminate its lease if sales for the period beginning July 31, 2019 through June 30, 2020 do not exceed $1,500,000 by providing 90 days’ written notice by August 31, 2020 and paying a termination fee equal to 50% of all unamortized tenant improvements and leasing commissions.
   
  For mortgage loan #26 (Tri Retail Portfolio), the third largest tenant (2,922 square feet), representing 12.3% of net rentable square feet of the entire portfolio, may terminate its lease on May 21st, 2023 upon providing a 180 days’ prior written notice and payment of a termination fee equal to the sum of the then unamortized brokerage commission.
   
  For mortgage loan #30 (Tharp Portfolio III), the largest tenant at the Dunkin Donuts - Land Lease mortgaged property (3,120 square feet, comprising the non-collateral improvements) may terminate its lease upon providing 120 days’ written notice and payment of all remaining rents discounted at 8.0%.
   
  For mortgage loan #39 (Victoria Place – CA), the largest tenant (10,008 square feet), representing 23.5% of net rentable square feet, may terminate its lease at any time after March 31, 2020 upon providing 90 days’ written notice.
   
(11) In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting.
   
  For mortgage loan #6 (Jamboree Business Center), the largest tenant (38,079 square feet), representing 24.4% of the net rentable square feet, is in a free rent period for a portion of its space

 

A-1-20 

 

 

   
  (2,063 square feet) through April 2017. The third largest tenant (20,132 square feet), representing 12.9% of the net rentable square feet, is in a free rent period through March 2017.
   
  For mortgage loan #7 (Cleveland Technology Center), the fourth largest tenant (16,800 square feet), representing 6.2% of the net rentable square feet, has executed a new antenna lease as part of their last lease renewal but has not commenced paying rent for the antenna lease.  Rent is anticipated to begin April 2017.  
   
  For mortgage loan #10 (The Strand on Ocean Drive), the largest tenant (5,634 square feet), representing 44.5% of the net rentable square feet and the fourth largest tenant (204 square feet), representing 1.6% of the net rentable square feet, have executed leases but are not yet in occupancy or paying rent. The tenants are expected to take occupancy by June 2017 and commence paying full, unabated rent by September 2017. Reserves in the amount of $566,051 and $250,000 were established at origination, representing the outstanding rent abatement and tenant improvements, respectively. A reserve in the amount of $3.1 million was established at origination, which will be released once the largest tenant is in occupancy, open for business, paying full unabated rent and has delivered an acceptable estoppel certificate to the lender. Additionally, an affiliate of the borrower executed a five-year master lease on the same rental terms as the largest tenant’s lease. The obligations of the largest tenant under the master lease are guaranteed by the Sponsors of the mortgage loan. The master lease will terminate once the largest tenant has completed its build out and either: (i) the largest tenant’s gross sales after two years of operation are at least $4,500,000 million per annum; or (ii) the largest tenant’s lease is guaranteed by an individual with financial statements acceptable to the lender.
   
  For mortgage loan #30 (Tharp Portfolio III), the second largest tenant at the Southeastern & English mortgaged property (3,450 square feet), representing 11.6% of net rentable square feet of the portfolio, is paying rent, but has yet to open for business.  The tenant is anticipated to be open for business by March 1, 2017.
   
(12) For mortgage loan #1 (Hyatt Place Portfolio), the Monthly Replacement Reserve is equal to: (A) for the period starting on January 17, 2017 and ending the earlier of: (i) February 5, 2019; and (ii) the date that the performance improvement plan (“PIP”) is completed, the greater of: (1) 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 (2) the amount required to be reserved under the management agreement and franchise agreement; and (B) for the period starting with the earlier of: (i) February 6, 2019; and (ii) the date that the PIP is completed, the greater of: (1) 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 (2) the amount required to be reserved under the management agreement and franchise agreement.
   
  For mortgage loan #22 (Holiday Inn Express & Suites Riverhead), the Monthly Replacement Reserve is equal to the greater of: (A) an amount equal to: (i) during the first and second year of the loan term, 1/12 of 3% of gross income from operations during the calendar year immediately preceding the calendar year in which such payment date occurs; or (ii) during the third year of the loan term and thereafter, 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 amount required to be reserved under the management agreement and franchise agreement.
   
  For mortgage loan #31 (Country Inn & Suites - Dearborn) and mortgage loan #33 (Holiday Inn Express & Suites Sedalia), the Monthly Replacement Reserve will be equal to the greater of: (i) 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 (ii) the amount required to be reserved under the management agreement and franchise agreement.
   
(13) For mortgage loan #3 (International Paper Global HQ), the TI/LC Escrow (Monthly) starts in February 2022.

 

A-1-21