FWP 1 n1024_x4-a1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-207361-06
     

 

 

     
 

 

The Information contained herein (the “Information”) is preliminary and subject to change.  The information will be superseded by similar information delivered to you as part of the offering document relating to the Commercial Mortgage Pass-Through Certificates, Series CSAIL 2017-CX9 (the “Offering Document”).  The Information supersedes any such information previously delivered.  The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document.  The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document.  The Information contained herein will be more fully described elsewhere in the Offering Document.  The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value.  Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. The privately offered securities described in the Offering Document as to which the Information relates have not been and will not be registered under the United States Securities Act of 1933, as amended. This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation could be illegal.  

 

For investors in publicly offered securities as to which the Information relates: The depositor has filed a registration statement (including the prospectus) with the SEC (SEC File No. 333-207361) 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 website at www.sec.gov.  Alternatively, the depositor or the underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-221-1037.

 

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus.  This File does not contain all information that is required to be included in the prospectus.  This File should be reviewed only in conjunction with the entire prospectus.  Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the Certificates referred to herein in making their investment decision. 

 

The information in this File may be amended and/or supplemented prior to the time of sale.  The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale. 

 

Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free prospectus.  The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.

 

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached 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 email system.

 

 
     

 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS            
                           
                           
Loan ID Footnotes Property
Flag 
Deal Name % of Initial
Pool Balance 
Mortgage
Loan
Originator
Mortgage
Loan Seller(1)
Original
Balance(2)
Cut-off Date
Balance(2)(3)
Maturity/ARD
Balance(2)
Cut-off Date
Balance per SF/
Units/Rooms/Pads(2)
Loan Purpose Sponsor(4)  Non-Recourse Carveout Guarantor(4)
1   Loan Park Center Phase I 9.3% Column Financial, Inc. Column Financial, Inc. $80,000,000 $80,000,000 $80,000,000 $267      Acquisition Mirae Asset Global Investments Co. Ltd; Transwestern Investment Group, L.L.C.
Corporate Properties Trust II TRS, L.L.C.
2   Loan Westin Building Exchange 7.9% Column Financial, Inc. Column Financial, Inc. $67,500,000 $67,500,000 $67,500,000 $336      Refinance Clise Properties, Inc.; Digital Realty Trust, L.P. Clise Properties, Inc.; Digital Realty Trust, L.P.
3   Loan Two Independence Square 6.4% Column Financial, Inc. Column Financial, Inc. / Natixis $55,000,000 $55,000,000 $55,000,000 $271      Acquisition Hana Asset Management Co., Ltd. Hana Asset Management Co., Ltd.
3 - CS     Two Independence Square - CS 3.5% Column Financial, Inc. Column Financial, Inc. $30,000,000 $30,000,000 $30,000,000        
3 - NXS     Two Independence Square - Natixis 2.9% Column Financial, Inc. Natixis $25,000,000 $25,000,000 $25,000,000        
4 (26) Loan 245 Park Avenue 6.3% Natixis Natixis $54,000,000 $54,000,000 $54,000,000 $626      Acquisition HNA Group 181 West Madison Holding LLC
5   Loan The Boulders Resort & Spa 5.8% Column Financial, Inc. Column Financial, Inc. $50,000,000 $50,000,000 $46,436,501 $456,250      Refinance Columbia Sussex Corporation; CSC Holdings, LLC Columbia Sussex Corporation; CSC Holdings, LLC
6 (26) Loan Hilton Glendale 5.5% Column Financial, Inc. Column Financial, Inc. $47,250,000 $47,204,053 $43,814,900 $134,484      Acquisition Kam Sang Company, Inc.; Ronnie Lam Kam Sang Company, Inc.; Ronnie Lam
7   Loan 85 Broad Street 5.2% Natixis Natixis $45,000,000 $45,000,000 $45,000,000 $151      Acquisition ICR US LP ICR US LP
8   Loan Allergan HQ 5.2% Natixis Natixis $45,000,000 $45,000,000 $45,000,000 $99      Refinance Menashe Frankel, Yeheskel Frankel, Joel Bergstein, David Weinstein, David Werner and Joseph Friedland Menashe Frankel, Yeheskel Frankel, Joel Bergstein, David Weinstein, David Werner and Joseph Friedland
9   Loan JW Marriott Chicago 4.7% Natixis Natixis $40,000,000 $40,000,000 $40,000,000 $130,000      Refinance Lothar Estein Lothar Estein
10   Loan 300 Montgomery 4.2% Natixis Natixis $36,000,000 $36,000,000 $36,000,000 $343      Refinance Downtown Properties Holdings, LLC Downtown Properties Holdings, LLC
11 (26) Loan Center 78 4.2% Natixis Natixis $35,863,277 $35,863,277 $35,863,277 $171      Refinance Normandy Real Estate Fund II, LP; Greenfield Acquisition Partners VI, L.P.; GAP VI Parallel Partners, L.P. Normandy Real Estate Fund II, LP; Greenfield Acquisition Partners VI, L.P.; GAP VI Parallel Partners, L.P.
12   Loan The Manhattan 3.8% Natixis Natixis $32,875,000 $32,875,000 $32,875,000 $422      Refinance Norman Jemal Norman Jemal
13 (26) Loan West Town Mall 3.5% Column Financial, Inc. Column Financial, Inc. $30,000,000 $30,000,000 $27,907,947 $160      Refinance Simon Property Group, L.P.; Teachers Insurance and Annuity Association of America Simon Property Group, L.P.
14   Loan Wal-Mart Central 3.4% Natixis Natixis $29,509,750 $29,473,305 $23,725,038 $211      Acquisition Mounir Kardosh Mounir Kardosh
15 (26) Loan Acropolis Garden 2.9% Natixis Natixis $25,000,000 $25,000,000 $25,000,000 $72,816      Refinance Acropolis Gardens Realty Corp. Acropolis Gardens Realty Corp.
16 (26) Loan Bob Evans 2.8% Natixis Natixis $23,950,000 $23,950,000 $21,967,160 $195      Recapitalization American Finance Trust, Inc. American Finance Trust, Inc.
16.01   Property Property 6 0.2% Natixis Natixis $1,536,548 $1,536,548 $1,409,336 $195           
16.02   Property Property 8 0.2% Natixis Natixis $1,405,379 $1,405,379 $1,289,027 $195           
16.03   Property Property 9 0.2% Natixis Natixis $1,353,848 $1,353,848 $1,241,762 $195           
16.04   Property Property 2 0.2% Natixis Natixis $1,335,110 $1,335,110 $1,224,575 $195           
16.05   Property Property 10 0.1% Natixis Natixis $1,264,841 $1,264,841 $1,160,124 $195           
16.06   Property Property 15 0.1% Natixis Natixis $1,208,626 $1,208,626 $1,108,563 $195           
16.07   Property Property 13 0.1% Natixis Natixis $1,194,572 $1,194,572 $1,095,672 $195           
16.08   Property Property 5 0.1% Natixis Natixis $1,161,780 $1,161,780 $1,065,595 $195           
16.09   Property Property 1 0.1% Natixis Natixis $1,100,880 $1,100,880 $1,009,737 $195           
16.10   Property Property 4 0.1% Natixis Natixis $1,077,457 $1,077,457 $988,253 $195           
16.11   Property Property 11 0.1% Natixis Natixis $1,058,719 $1,058,719 $971,067 $195           
16.12   Property Property 20 0.1% Natixis Natixis $1,054,034 $1,054,034 $966,770 $195           
16.13   Property Property 14 0.1% Natixis Natixis $1,044,665 $1,044,665 $958,176 $195           
16.14   Property Property 7 0.1% Natixis Natixis $1,035,296 $1,035,296 $949,583 $195           
16.15   Property Property 21 0.1% Natixis Natixis $1,030,611 $1,030,611 $945,286 $195           
16.16   Property Property 3 0.1% Natixis Natixis $1,007,188 $1,007,188 $923,802 $195           
16.17   Property Property 16 0.1% Natixis Natixis $1,007,188 $1,007,188 $923,802 $195           
16.18   Property Property 18 0.1% Natixis Natixis $972,054 $972,054 $891,577 $195           
16.19   Property Property 23 0.1% Natixis Natixis $730,797 $730,797 $670,294 $195           
16.20   Property Property 19 0.1% Natixis Natixis $721,428 $721,428 $661,700 $195           
16.21   Property Property 17 0.1% Natixis Natixis $608,998 $608,998 $558,579 $195           
16.22   Property Property 22 0.1% Natixis Natixis $571,521 $571,521 $524,204 $195           
16.23   Property Property 12 0.1% Natixis Natixis $468,460 $468,460 $429,676 $195           
17   Loan Sheraton Garden Grove 2.4% Column Financial, Inc. Column Financial, Inc. $20,500,000 $20,434,125 $18,957,069 $71,699      Refinance Kam Sang Company, Inc.; Ronnie Lam Kam Sang Company, Inc.; Ronnie Lam
18   Loan Carolina Hotel Portfolio 2.3% BSP BSP $20,000,000 $20,000,000 $17,756,244 $71,429      Acquisition Evan Weiss; Daniel Lesser; Gary Isenberg Evan Weiss; Daniel Lesser; Gary Isenberg
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. 0.6% BSP BSP $4,876,712 $4,876,712 $4,329,605 $71,429           
18.02   Property Fairfield Inn Charlotte Northlake 0.5% BSP BSP $4,000,000 $4,000,000 $3,551,249 $71,429           
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area 0.5% BSP BSP $4,000,000 $4,000,000 $3,551,249 $71,429           
18.04   Property Comfort Suites Gastonia 0.5% BSP BSP $3,945,205 $3,945,205 $3,502,602 $71,429           
18.05   Property Fairfield Inn Myrtle Beach North 0.4% BSP BSP $3,178,082 $3,178,082 $2,821,540 $71,429           
19   Loan Keystone 200 & 300 2.3% BSP BSP $20,000,000 $19,863,744 $16,411,616 $89      Acquisition Innovatus Flagship Fund I, LP; Innovatus Flagship Offshore Fund I, LP Innovatus Flagship Fund I, LP; Innovatus Flagship Offshore Fund I, LP
19.01   Property Keystone 300 1.5% BSP BSP $12,957,317 $12,869,041 $10,632,525 $89           
19.02   Property Keystone 200 0.8% BSP BSP $7,042,683 $6,994,703 $5,779,090 $89           
20   Loan Apex Fort Washington 2.0% BSP BSP $16,750,000 $16,750,000 $14,596,942 $140      Acquisition Edward N. Antoian Edward N. Antoian
21   Loan Whitehall Place Apartments 1.7% BSP BSP $15,000,000 $15,000,000 $11,110,917 $19,011      Refinance Alexander Dembitzer; Sky Management Services LLC  Alexander Dembitzer; Sky Management Services LLC 
22 (26) Loan Tenalok Portfolio 1.6% BSP BSP $13,700,000 $13,558,191 $10,511,170 $44      Refinance Hardam S. Azad Hardam S. Azad
22.01   Property Frayser Village 0.9% BSP BSP $8,244,177 $8,158,841 $6,325,251 $44           
22.02   Property Bartlesville Plaza 0.2% BSP BSP $2,128,995 $2,106,958 $1,633,447 $44           
22.03   Property Three Notch Plaza 0.2% BSP BSP $1,823,492 $1,804,617 $1,399,053 $44           
22.04   Property Frayser Center 0.2% BSP BSP $1,503,337 $1,487,776 $1,153,418 $44           
23 (26) Loan IC Leased Fee Hotel Portfolio 1.3% Natixis Natixis $11,465,000 $11,465,000 $11,465,000 $29      Refinance Joseph G. Gillespie, III Joseph G. Gillespie, III
23.01   Property Radisson Paper Valley 0.3% Natixis Natixis $2,953,662 $2,953,662 $2,953,662 $29           
23.02   Property City Place Downtown St. Louis 0.3% Natixis Natixis $2,892,175 $2,892,175 $2,892,175 $29           
23.03   Property Radisson Albany 0.2% Natixis Natixis $1,541,759 $1,541,759 $1,541,759 $29           
23.04   Property Radisson Cromwell 0.1% Natixis Natixis $1,233,408 $1,233,408 $1,233,408 $29           
23.05   Property Radisson Cheyenne 0.1% Natixis Natixis $1,221,477 $1,221,477 $1,221,477 $29           
23.06   Property Radisson High Point 0.1% Natixis Natixis $1,071,890 $1,071,890 $1,071,890 $29           
23.07   Property Radisson Billings 0.1% Natixis Natixis $550,628 $550,628 $550,628 $29           
24   Loan Comfort Suites Arlington 1.1% BSP BSP $9,650,000 $9,650,000 $7,930,061 $89,352      Acquisition Lesile Ng; Paul A. Nussbaum  Lesile Ng; Paul A. Nussbaum 
25 (26) Loan Central Avenue Hotels 0.9% Natixis Natixis $7,800,000 $7,767,310 $6,678,301 $25,550      Refinance Parth V. Patel; Nanya R. Patel; Shyam V. Patel Parth V. Patel; Nanya R. Patel; Shyam V. Patel
25.01   Property La Quinta Inn & Suites 0.4% Natixis Natixis $3,387,398 $3,373,202 $2,900,265 $25,550           
25.02   Property Country Inn & Suites 0.3% Natixis Natixis $2,647,561 $2,636,465 $2,266,822 $25,550           
25.03   Property Quality Inn & Suites 0.1% Natixis Natixis $1,273,577 $1,268,240 $1,090,427 $25,550           
25.04   Property Econo Lodge Inn & Suites 0.1% Natixis Natixis $491,463 $489,404 $420,787 $25,550           
26   Loan Springhill Suites - Vero Beach FL 0.9% Column Financial, Inc. Column Financial, Inc. $7,750,000 $7,750,000 $6,007,777 $93,373      Refinance Keith D. Kite Keith D. Kite
27   Loan Quality Inn Biloxi 0.7% Natixis Natixis $6,050,000 $6,050,000 $4,668,272 $40,878      Refinance Phuong Thi Trinh Phuong Thi Trinh
28   Loan Aston Plaza 0.7% BSP BSP $5,800,000 $5,800,000 $4,661,118 $33      Refinance Robert Ayerle Robert Ayerle
29   Loan AT&T Lincolnwood 0.4% Natixis Natixis $3,350,000 $3,350,000 $3,085,321 $744      Acquisition Mordecai Mizrahi; Ezra Mizrahi Mordecai Mizrahi; Ezra Mizrahi
30   Loan Petco Bloomingdale 0.3% BSP BSP $2,672,500 $2,672,500 $2,457,141 $130      Acquisition Dmitrii Volkov (a/k/a Dmitry Volkov, and/or Dimitriy Volkov) Dmitrii Volkov (a/k/a Dmitry Volkov, and/or Dimitriy Volkov)
31   Loan Panera Bread Schererville 0.2% Natixis Natixis $1,900,000 $1,900,000 $1,748,678 $317      Acquisition Mordecai Mizrahi; Ezra Mizrahi Mordecai Mizrahi; Ezra Mizrahi

 

A-1-1

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                            
                                           
        MORTGAGED PROPERTY CHARACTERISTICS                                  
Loan ID Footnotes Property
Flag 
Deal Name No. of
Properties 
General Property Type  Detailed Property Type  Title Type(5) Ground Lease
Initial Lease
Expiration Date(5)
Address  City  County  State  Zip Code  Year Built  Year Renovated Net Rentable Area
SF/Units/Acres/
Rooms/Pads
Units of
Measure 
Occupancy
Rate(6)
Occupancy Rate
As-of Date 
Appraised
Value(7)
Appraisal
As-of Date 
1   Loan Park Center Phase I 1 Office Suburban Fee NAP 236 Perimeter Center Parkway Northeast Dunwoody DeKalb GA 30346 2016 NAP 590,926 Square Feet 99.5% 7/1/2017 $307,500,000 6/26/2017
2   Loan Westin Building Exchange 1 Office CBD Fee NAP 2001 6th Avenue Seattle King WA 98121 1981 2007 401,544 Square Feet 94.1% 6/26/2017 $507,000,000 5/23/2017
3   Loan Two Independence Square 1 Office Single Tenant Fee NAP 300 E Street, Southwest Washington Washington D.C. 20024 1992 2014 605,897 Square Feet 100.0% 9/6/2017 $375,000,000 1/5/2017
3 - CS     Two Independence Square - CS                                    
3 - NXS     Two Independence Square - Natixis                                    
4 (26) Loan 245 Park Avenue 1 Office CBD Fee NAP 245 Park Avenue New York New York NY 10167 1965 2006 1,723,993 Square Feet 91.1% 2/28/2017 $2,210,000,000 4/1/2017
5   Loan The Boulders Resort & Spa 1 Hotel Resort Fee NAP 34631 North Tom Darlington Drive Scottsdale Maricopa AZ 85262 1985 2015/2016 160 Rooms 73.8% 6/30/2017 $130,300,000 7/6/2017
6 (26) Loan Hilton Glendale 1 Hotel Full Service Fee NAP 100 West Glenoaks Boulevard Glendale Los Angeles CA 91202 1992 2016 351 Rooms 83.9% 7/31/2017 $74,500,000 6/20/2017
7   Loan 85 Broad Street 1 Office CBD Fee NAP 85 Broad Street New York New York NY 10004 1983 2015 1,118,512 Square Feet 87.1% 4/19/2017 $652,000,000 4/30/2017
8   Loan Allergan HQ 1 Office Suburban Fee NAP 5 Giralda Farms Madison Morris NJ 07940 1992 2016-2017 453,680 Square Feet 98.0% 8/5/2017 $172,000,000 7/1/2018
9   Loan JW Marriott Chicago 1 Hotel Full Service Fee NAP 151 West Adams Street Chicago Cook IL 60603 1914 2010 610 Rooms 76.1% 4/30/2017 $370,400,000 5/2/2017
10   Loan 300 Montgomery 1 Office CBD Fee NAP 300 Montgomery Street San Francisco San Francisco CA 94104 1918 &1941 2015 192,574 Square Feet 87.9% 7/19/2017 $119,600,000 5/24/2017
11 (26) Loan Center 78 1 Office Suburban Fee NAP 184 Liberty Corner Road Warren Somerset NJ 07059 1982 2012; 2015 372,672 Square Feet 88.7% 6/22/2017 $94,800,000 6/1/2017
12   Loan The Manhattan 1 Mixed Use Office/Retail Fee NAP 1328-1348 Florida Avenue, Northwest Washington District of Columbia D.C. 20009 1877, 1911 2016 77,851 Square Feet 95.8% 8/5/2017 $52,700,000 8/1/2018
13 (26) Loan West Town Mall 1 Retail Super Regional Mall Fee & Leasehold 4/30/2042 7600 Kingston Pike Knoxville Knox TN 37919 1972 2013 772,503 Square Feet 93.1% 3/1/2017 $375,000,000 5/24/2017
14   Loan Wal-Mart Central 1 Retail Shadow Anchored Fee NAP 1002-1016 Riley Street Folsom Sacramento CA 95630 1992 NAP 139,377 Square Feet 88.6% 4/7/2017 $39,680,000 5/18/2017
15 (26) Loan Acropolis Garden 1 Multifamily Cooperative Fee NAP 2105-2177 33rd Street and 2106-2178 35th Street Astoria Queens NY 11105 1923 1988 618 Units     $177,000,000 2/16/2017
16 (26) Loan Bob Evans 23 Retail Single Tenant Fee NAP Various Various Various Various Various Various Various 123,052 Square Feet 100.0% 9/5/2017 $48,400,000 5/19/2017
16.01   Property Property 6 1 Retail Single Tenant Fee NAP 504 Pike Street Marietta Washington OH 45750 2004 2014 5,215 Square Feet 100.0% 9/5/2017 $3,280,000 6/4/2017
16.02   Property Property 8 1 Retail Single Tenant Fee NAP 1997 Sunset Boulevard Steubenville Jefferson OH 43952 2008 2012 5,216 Square Feet 100.0% 9/5/2017 $3,000,000 5/19/2017
16.03   Property Property 9 1 Retail Single Tenant Fee NAP 3260 Village Drive Franklin Warren OH 45005 2006 2012 5,539 Square Feet 100.0% 9/5/2017 $2,890,000 6/6/2017
16.04   Property Property 2 1 Retail Single Tenant Fee NAP 220 Byers Road Miamisburg Montgomery OH 45342 1996 2011 6,074 Square Feet 100.0% 9/5/2017 $2,850,000 6/6/2017
16.05   Property Property 10 1 Retail Single Tenant Fee NAP 1224 Carter Avenue Ashland Boyd KY 41101 1986 2012 5,617 Square Feet 100.0% 9/5/2017 $2,700,000 6/1/2017
16.06   Property Property 15 1 Retail Single Tenant Fee NAP 99 Stubbs Mill Road Lebanon Warren OH 45036 1999 2012 5,019 Square Feet 100.0% 9/5/2017 $2,580,000 6/6/2017
16.07   Property Property 13 1 Retail Single Tenant Fee NAP 9361 Street Route 14 Streetsboro Portage OH 44241 1992 2013 6,633 Square Feet 100.0% 9/5/2017 $2,550,000 5/19/2017
16.08   Property Property 5 1 Retail Single Tenant Fee NAP 900 American Road Lansing Ingham MI 48911 2001 2013 5,615 Square Feet 100.0% 9/5/2017 $2,480,000 6/6/2017
16.09   Property Property 1 1 Retail Single Tenant Fee NAP 1850 East Dorothy Lane Kettering Montgomery OH 45429 2002 2011 5,247 Square Feet 100.0% 9/5/2017 $2,350,000 6/4/2017
16.10   Property Property 4 1 Retail Single Tenant Fee NAP 20465 Eureka Road Taylor Wayne MI 48180 2000 2011 5,602 Square Feet 100.0% 9/5/2017 $2,300,000 6/6/2017
16.11   Property Property 11 1 Retail Single Tenant Fee NAP 3233 Whitehall Pike Bloomington Monroe IN 47401 1986 2012 4,983 Square Feet 100.0% 9/5/2017 $2,260,000 5/20/2017
16.12   Property Property 20 1 Retail Single Tenant Fee NAP 80 S Whitewoman Street Coshocton Coshocton OH 43812 1994 2012 3,608 Square Feet 100.0% 9/5/2017 $2,250,000 5/16/2017
16.13   Property Property 14 1 Retail Single Tenant Fee NAP 18492 Coastal Highway Lewes Sussex DE 19958 1998 2013 5,028 Square Feet 100.0% 9/5/2017 $2,230,000 5/20/2017
16.14   Property Property 7 1 Retail Single Tenant Fee NAP 30750 Gratiot Avenue Roseville Macomb MI 48066 2004 2011 5,524 Square Feet 100.0% 9/5/2017 $2,210,000 6/6/2017
16.15   Property Property 21 1 Retail Single Tenant Fee NAP 1517 North Sandusky Avenue Bucyrus Crawford OH 44820 1994 2011 3,749 Square Feet 100.0% 9/5/2017 $2,200,000 5/19/2017
16.16   Property Property 3 1 Retail Single Tenant Fee NAP 503 Griswold Road Elyria Lorain OH 44035 1994 2013 6,633 Square Feet 100.0% 9/5/2017 $2,150,000 5/19/2017
16.17   Property Property 16 1 Retail Single Tenant Fee NAP 4900 Beaver Run Ellicott City Howard MD 21043 2000 2013 5,604 Square Feet 100.0% 9/5/2017 $2,150,000 6/1/2017
16.18   Property Property 18 1 Retail Single Tenant Fee NAP 681 West Main Street Uniontown Fayette PA 15401 2002 2013 5,237 Square Feet 100.0% 9/5/2017 $2,075,000 5/20/2017
16.19   Property Property 23 1 Retail Single Tenant Fee NAP 1631 Pilgrim Lane   Plymouth Marshall IN 46563 1995 2013 6,040 Square Feet 100.0% 9/5/2017 $1,560,000 5/20/2017
16.20   Property Property 19 1 Retail Single Tenant Fee NAP 140 Park Drive Weirton Brooke WV 26062 2011 NAP 4,866 Square Feet 100.0% 9/5/2017 $1,540,000 5/20/2017
16.21   Property Property 17 1 Retail Single Tenant Fee NAP 3961 Hinkleville Road Paducah McCracken KY 42001 2001 2013 5,251 Square Feet 100.0% 9/5/2017 $1,300,000 6/1/2017
16.22   Property Property 22 1 Retail Single Tenant Fee NAP 309 West Plaza Drive Columbia City Whitley IN 46725 1995 2012 5,614 Square Feet 100.0% 9/5/2017 $1,220,000 5/20/2017
16.23   Property Property 12 1 Retail Single Tenant Fee NAP 3830 Tuller Road Dublin Franklin OH 43017 1988 2012 5,138 Square Feet 100.0% 9/5/2017 $1,000,000 5/19/2017
17   Loan Sheraton Garden Grove 1 Hotel Full Service Fee NAP 12221 Harbor Boulevard Garden Grove Orange CA 92840 2008 NAP 285 Rooms 66.2% 3/31/2017 $37,400,000 5/8/2017
18   Loan Carolina Hotel Portfolio 5 Hotel Limited Service Fee NAP Various Various Various Various Various Various Various 511 Rooms 72.7% 2/28/2017 $55,350,000 Various
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. 1 Hotel Limited Service Fee NAP 160 Van Campen Boulevard Wilmington New Hanover NC 28403 1996 2013-2014 131 Rooms 73.4% 2/28/2017 $14,550,000 5/7/2017
18.02   Property Fairfield Inn Charlotte Northlake 1 Hotel Limited Service Fee NAP 9230 Harris Corners Parkway Charlotte Mecklenburg NC 28269 1999 2015 93 Rooms 73.1% 2/28/2017 $11,100,000 5/5/2017
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area 1 Hotel Limited Service Fee NAP 1003 Sunburst Drive Goldsboro Wayne NC 27534 2014 NAP 92 Rooms 81.9% 2/28/2017 $10,400,000 5/8/2017
18.04   Property Comfort Suites Gastonia 1 Hotel Limited Service Fee NAP 1874 Remount Road Gastonia Gaston NC 28054 1996 2016 109 Rooms 75.1% 2/28/2017 $11,000,000 5/5/2017
18.05   Property Fairfield Inn Myrtle Beach North 1 Hotel Limited Service Fee NAP 10231 North Kings Highway Myrtle Beach Horry  SC 29572 1997 2015 86 Rooms 60.2% 2/28/2017 $8,300,000 5/7/2017
19   Loan Keystone 200 & 300 2 Office Suburban Leasehold 3/5/2116 Various Durham Durham NC 27713 Various NAP 223,475 Square Feet 92.4% Various $32,800,000 2/17/2017
19.01   Property Keystone 300 1 Office Suburban Leasehold 3/5/2116 430 Davis Drive Durham Durham NC 27713 2001 NAP 152,563 Square Feet 88.9% 7/31/2017 $21,250,000 2/17/2017
19.02   Property Keystone 200 1 Office Suburban Leasehold 3/5/2116 530 Davis Drive Durham Durham NC 27713 2000 NAP 70,912 Square Feet 100.0% 9/6/2017 $11,550,000 2/17/2017
20   Loan Apex Fort Washington 1 Office Suburban Fee NAP 600-602 Office Center Drive Fort Washington Montgomery PA 19034 1988 2015 388,318 Square Feet 91.9% 4/30/2017 $84,600,000 1/1/2018
21   Loan Whitehall Place Apartments 1 Multifamily Garden Fee NAP 1553 Parkline Drive Pittsburgh Allegheny PA 15227 1942 2017 789 Units 95.4% 6/30/2017 $27,500,000 3/29/2017
22 (26) Loan Tenalok Portfolio 4 Retail Anchored Fee NAP Various Various Various Various Various Various Various 307,347 Square Feet 93.5% 3/31/2017 $28,250,000 Various
22.01   Property Frayser Village 1 Retail Anchored Fee NAP 2570-2588 and 2590 Frayser Boulevard Memphis Shelby TN 38127 1968, 1972 2010 141,611 Square Feet 100.0% 3/31/2017 $17,000,000 9/19/2016
22.02   Property Bartlesville Plaza 1 Retail Anchored Fee NAP 3005 East Frank Phillips Boulevard Bartlesville Washington OK 74006 1973 1999 88,889 Square Feet 77.5% 3/31/2017 $4,390,000 9/25/2016
22.03   Property Three Notch Plaza 1 Retail Anchored Fee NAP 1130-1138 Martin Luther King Jr. Expressway Andalusia Covington AL 36420 1983 1989 45,899 Square Feet 100.0% 3/31/2017 $3,760,000 9/22/2016
22.04   Property Frayser Center 1 Retail Anchored Fee NAP 1780 Frayser Boulevard Memphis Shelby TN 38127 1962 2005 30,948 Square Feet 100.0% 3/31/2017 $3,100,000 9/19/2016
23 (26) Loan IC Leased Fee Hotel Portfolio 7 Other Leased Fee Fee NAP Various Various Various Various Various Various 2016 2,139,703 Square Feet 100.0% 9/5/2017 $85,300,000 Various
23.01   Property Radisson Paper Valley 1 Other Leased Fee Fee NAP 333 West College Avenue Appleton Outagamie WI 54911 1982 2016 124,146 Square Feet 100.0% 9/5/2017 $27,100,000 3/27/2017
23.02   Property City Place Downtown St. Louis 1 Other Leased Fee Fee NAP 200-228 North 4th Street St. Louis St. Louis MO 63102 1965 2016 100,680 Square Feet 100.0% 9/5/2017 $21,400,000 3/28/2017
23.03   Property Radisson Albany 1 Other Leased Fee Fee NAP 205 Wolf Road Albany Albany NY 12205 1975 2016 552,760 Square Feet 100.0% 9/5/2017 $10,900,000 3/22/2017
23.04   Property Radisson Cromwell 1 Other Leased Fee Fee NAP 100 Berlin Road Cromwell Middlesex CT 06416 1968 2016 393,782 Square Feet 100.0% 9/5/2017 $7,400,000 3/23/2017
23.05   Property Radisson Cheyenne 1 Other Leased Fee Fee NAP 204 West Fox Farm Road Cheyenne Laramie WY 82007 1981 2016 307,534 Square Feet 100.0% 9/5/2017 $6,700,000 4/4/2017
23.06   Property Radisson High Point 1 Other Leased Fee Fee NAP 135 South Main Street High Point Guilford NC 27260 1983 2016 65,815 Square Feet 100.0% 9/5/2017 $8,400,000 3/31/2017
23.07   Property Radisson Billings 1 Other Leased Fee Fee NAP 5500 Midland Road Billings Yellowstone MT 59101 1972 & 1985 2016 594,986 Square Feet 100.0% 9/5/2017 $3,400,000 4/5/2017
24   Loan Comfort Suites Arlington 1 Hotel Limited Service Fee NAP 411 West Road to Six Flags Street Arlington Tarrant TX 76011 2009 NAP 108 Rooms 81.8% 6/30/2017 $14,800,000 6/23/2017
25 (26) Loan Central Avenue Hotels 4 Hotel Limited Service Fee NAP Various Hot Springs Garland AR 71913 Various Various 304 Rooms 39.9% 2/28/2017 $14,760,000 12/20/2016
25.01   Property La Quinta Inn & Suites 1 Hotel Limited Service Fee NAP 4253 Central Avenue Hot Springs Garland AR 71913 2001 2011-2012 97 Rooms 48.9% 2/28/2017 $6,410,000 12/20/2016
25.02   Property Country Inn & Suites 1 Hotel Limited Service Fee NAP 4307 Central Avenue Hot Springs Garland AR 71913 2005 2010, 2013, 2015-2016 59 Rooms 41.9% 2/28/2017 $5,010,000 12/20/2016
25.03   Property Quality Inn & Suites 1 Hotel Limited Service Fee NAP 4319 Central Avenue Hot Springs Garland AR 71913 1985, 1993 2012, 2013 90 Rooms 31.8% 2/28/2017 $2,410,000 12/20/2016
25.04   Property Econo Lodge Inn & Suites 1 Hotel Limited Service Fee NAP 106 Lookout Point Hot Springs Garland AR 71913 1983 2012-2013 58 Rooms 29.5% 2/28/2017 $930,000 12/20/2016
26   Loan Springhill Suites - Vero Beach FL 1 Hotel Limited Service Fee NAP 5115 Indian River Boulevard Vero Beach Indian River FL 32967 2009 NAP 83 Rooms 79.3% 7/31/2017 $12,500,000 8/1/2017
27   Loan Quality Inn Biloxi 1 Hotel Limited Service Fee NAP 2414 Beach Boulevard Biloxi Harrison MS 39531 1967 2011, 2016-2017 148 Rooms 40.8% 5/31/2017 $11,100,000 5/11/2017
28   Loan Aston Plaza 1 Industrial  Flex Fee NAP 200, 300, 500 Turner Industrial Way Aston Delaware PA 19014 1981-1986 NAP 176,320 Square Feet 92.4% 7/24/2017 $12,500,000 6/28/2017
29   Loan AT&T Lincolnwood 1 Retail Single Tenant Fee NAP 3701 West Touhy Avenue Lincolnwood Cook IL 60712 2017 NAP 4,500 Square Feet 100.0% 9/5/2017 $5,350,000 6/30/2017
30   Loan Petco Bloomingdale 1 Retail Single Tenant Fee NAP 412 West Army Trail Road Bloomingdale DuPage IL 60108 1986 NAP 20,594 Square Feet 100.0% 9/6/2017 $5,460,000 7/27/2016
31   Loan Panera Bread Schererville 1 Retail Single Tenant Fee NAP 144 US Highway 41 Schereville Lake IN 46375 2001 2012 6,000 Square Feet 100.0% 9/5/2017 $3,700,000 7/1/2017

 

A-1-2

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                        
                                       
        MORTGAGE LOAN CHARACTERISTICS                      
Loan ID Footnotes Property
Flag 
Deal Name Mortgage
Rate
Administrative
Fee Rate(8)
Subservicing Fee Rate(8) Master Servicing
Fee Rate(8)
Pari Passu
Loan Primary Servicing
Fee Rate(8)
Trustee
Fee Rate(8)
Operating Advisor
Fee Rate(8)
Asset Representations Review Fee(8) CREFC
Fee Rate(8)
Interest
Accrual  
Basis 
Seasoning
(mos.)
ARD
(Yes/No) 
Original Term
to Maturity (mos.) 
Remaining Term
to Maturity (mos.)
Original
Interest-Only
Period (mos.) 
Remaining
Interest-Only
Period (mos.) 
1   Loan Park Center Phase I 3.3400% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 1 No 84 83 84 83
2   Loan Westin Building Exchange 3.2900% 0.01366% 0.00250% 0.00250% 0.00000% 0.00790% 0.00000% 0.00026% 0.00050% Actual/360 2 No 120 118 120 118
3   Loan Two Independence Square 3.2300% 0.01241% 0.00125% 0.00250% 0.00000% 0.00790% 0.00000% 0.00026% 0.00050% Actual/360 2 No 60 58 60 58
3 - CS     Two Independence Square - CS                                
3 - NXS     Two Independence Square - Natixis                                
4 (26) Loan 245 Park Avenue 3.6694% 0.01241% 0.00125% 0.00250% 0.00000% 0.00790% 0.00000% 0.00026% 0.00050% Actual/360 3 No 120 117 120 117
5   Loan The Boulders Resort & Spa 5.4800% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 60 60 0 0
6 (26) Loan Hilton Glendale 4.9111111% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 1 No 60 59 0 0
7   Loan 85 Broad Street 3.41253% 0.01366% 0.00250% 0.00250% 0.00000% 0.00790% 0.00000% 0.00026% 0.00050% Actual/360 3 No 120 117 120 117
8   Loan Allergan HQ 4.26555556% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 7 No 120 113 120 113
9   Loan JW Marriott Chicago 4.0441% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 1 No 60 59 60 59
10   Loan 300 Montgomery 3.5700% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 120 120
11 (26) Loan Center 78 4.090059% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 1 No 120 119 120 119
12   Loan The Manhattan 4.3920% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 1 No 120 119 120 119
13 (26) Loan West Town Mall 4.3700% 0.01366% 0.00250% 0.00250% 0.00000% 0.00790% 0.00000% 0.00026% 0.00050% Actual/360 2 No 60 58 30 28
14   Loan Wal-Mart Central 4.3400% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 1 No 120 119 0 0
15 (26) Loan Acropolis Garden 3.7200% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 4 No 120 116 120 116
16 (26) Loan Bob Evans 4.6470% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 Yes 120 120 60 60
16.01   Property Property 6                                
16.02   Property Property 8                                
16.03   Property Property 9                                
16.04   Property Property 2                                
16.05   Property Property 10                                
16.06   Property Property 15                                
16.07   Property Property 13                                
16.08   Property Property 5                                
16.09   Property Property 1                                
16.10   Property Property 4                                
16.11   Property Property 11                                
16.12   Property Property 20                                
16.13   Property Property 14                                
16.14   Property Property 7                                
16.15   Property Property 21                                
16.16   Property Property 3                                
16.17   Property Property 16                                
16.18   Property Property 18                                
16.19   Property Property 23                                
16.20   Property Property 19                                
16.21   Property Property 17                                
16.22   Property Property 22                                
16.23   Property Property 12                                
17   Loan Sheraton Garden Grove 5.1800% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 3 No 60 57 0 0
18   Loan Carolina Hotel Portfolio 5.6800% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 2 No 84 82 18 16
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.                                
18.02   Property Fairfield Inn Charlotte Northlake                                
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area                                
18.04   Property Comfort Suites Gastonia                                
18.05   Property Fairfield Inn Myrtle Beach North                                
19   Loan Keystone 200 & 300 4.9400% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 6 No 120 114 0 0
19.01   Property Keystone 300                                
19.02   Property Keystone 200                                
20   Loan Apex Fort Washington 5.2800% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 6 No 120 114 24 18
21   Loan Whitehall Place Apartments 4.7500% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 0 0
22 (26) Loan Tenalok Portfolio 4.1853% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 7 No 120 113 0 0
22.01   Property Frayser Village                                
22.02   Property Bartlesville Plaza                                
22.03   Property Three Notch Plaza                                
22.04   Property Frayser Center                                
23 (26) Loan IC Leased Fee Hotel Portfolio 5.0200% 0.01366% 0.00250% 0.00250% 0.00000% 0.00790% 0.00000% 0.00026% 0.00050% Actual/360 1 No 120 119 120 119
23.01   Property Radisson Paper Valley                                
23.02   Property City Place Downtown St. Louis                                
23.03   Property Radisson Albany                                
23.04   Property Radisson Cromwell                                
23.05   Property Radisson Cheyenne                                
23.06   Property Radisson High Point                                
23.07   Property Radisson Billings                                
24   Loan Comfort Suites Arlington 4.9900% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 0 0
25 (26) Loan Central Avenue Hotels 6.3300% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 5 No 120 115 0 0
25.01   Property La Quinta Inn & Suites                                
25.02   Property Country Inn & Suites                                
25.03   Property Quality Inn & Suites                                
25.04   Property Econo Lodge Inn & Suites                                
26   Loan Springhill Suites - Vero Beach FL 4.8500% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 12 12
27   Loan Quality Inn Biloxi 5.9000% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 0 0
28   Loan Aston Plaza 4.3300% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 0 0
29   Loan AT&T Lincolnwood 4.9120% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 60 60
30   Loan Petco Bloomingdale 4.8000% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 11 No 120 109 60 49
31   Loan Panera Bread Schererville 4.8670% 0.01616% NAP 0.00250% 0.00250% 0.00790% 0.00250% 0.00026% 0.00050% Actual/360 0 No 120 120 60 60

 

A-1-3

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                          
                                         
        MORTGAGE LOAN CHARACTERISTICS                          
Loan ID Footnotes Property
Flag 
Deal Name Original
Amortization
Term (mos.) 
Remaining
Amortization
Term (mos.) 
Note Date First
Payment
Date
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Stated Maturity
Date
Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)(9)
Annual Debt
Service
(P&I)(10)
Annual Debt
Service
(IO)(10)
Lockbox Type(11) Cash Management Status Crossed With
Other Loans
Related-Borrower Loans(12) UW NOI
DSCR (P&I)(13)
UW NOI
DSCR (IO)
1   Loan Park Center Phase I 0 0 7/27/2017 9/6/2017 NAP 8/6/2024 8/6/2024 $225,759.26 $225,759.26 $2,709,111 $2,709,111 Hard Springing No No 3.19x 3.19x
2   Loan Westin Building Exchange 0 0 6/29/2017 8/11/2017 NAP 7/11/2027 7/11/2027 $187,632.81 $187,632.81 $2,251,594 $2,251,594 Soft Springing Hard Springing No No 7.39x 7.39x
3   Loan Two Independence Square 0 0 7/5/2017 8/6/2017 NAP 7/6/2022 7/6/2022 $150,097.80 $150,097.80 $1,801,174 $1,801,174 Hard In Place No No 3.83x 3.83x
3 - CS     Two Independence Square - CS                                  
3 - NXS     Two Independence Square - Natixis                                  
4 (26) Loan 245 Park Avenue 0 0 5/5/2017 7/1/2017 NAP 6/1/2027 6/1/2027 $167,416.38 $167,416.38 $2,008,997 $2,008,997 Hard Springing No No 2.87x 2.87x
5   Loan The Boulders Resort & Spa 360 360 8/31/2017 10/6/2017 NAP 9/6/2022 9/6/2022 $283,267.40 NAP $3,399,209 NAP Hard In Place No No 1.94x  
6 (26) Loan Hilton Glendale 360 359 7/13/2017 9/6/2017 NAP 8/6/2022 8/6/2022 $246,227.40 NAP $2,954,729 NAP Hard Springing No Column - A 2.17x  
7   Loan 85 Broad Street 0 0 5/24/2017 7/5/2017 NAP 6/5/2027 6/5/2027 $129,747.23 $129,747.23 $1,556,967 $1,556,967 Hard Springing No No 4.43x 4.43x
8   Loan Allergan HQ 0 0 1/9/2017 3/5/2017 NAP 2/5/2027 2/5/2027 $162,179.98 $162,179.98 $1,946,160 $1,946,160 Hard In Place No No 4.48x 4.48x
9   Loan JW Marriott Chicago 0 0 7/21/2017 9/5/2017 NAP 8/5/2022 8/5/2022 $136,675.60 $136,675.60 $1,640,107 $1,640,107 Hard In Place No No 6.53x 6.53x
10   Loan 300 Montgomery 0 0 8/23/2017 10/5/2017 NAP 9/5/2027 9/5/2027 $108,587.50 $108,587.50 $1,303,050 $1,303,050 Hard Springing No No 2.66x 2.66x
11 (26) Loan Center 78 0 0 8/9/2017 9/9/2017 NAP 8/9/2027 8/9/2027 $148,145.35 $123,933.48 $1,777,744 $1,487,202 Hard In Place No No 2.01x 2.40x
12   Loan The Manhattan 0 0 7/31/2017 9/5/2017 NAP 8/5/2027 8/5/2027 $121,993.65 $121,993.65 $1,463,924 $1,463,924 Hard Springing No No 1.84x 1.84x
13 (26) Loan West Town Mall 360 360 6/29/2017 8/1/2017 2/1/2020 7/1/2022 7/1/2022 $176,539.11 $110,767.36 $2,118,469 $1,329,208 Hard Springing No No 2.58x 4.11x
14   Loan Wal-Mart Central 360 359 8/2/2017 9/5/2017 NAP 8/5/2027 8/5/2027 $146,729.27 NAP $1,760,751 NAP Springing Springing No No 1.66x  
15 (26) Loan Acropolis Garden 0 0 4/24/2017 6/5/2017 NAP 5/5/2027 5/5/2027 $78,576.39 $78,576.39 $942,917 $942,917 NAP NAP No No 5.41x 5.41x
16 (26) Loan Bob Evans 360 360 8/28/2017 10/5/2017 10/5/2022 9/5/2037 9/5/2027 $123,451.96 $94,034.52 $1,481,423 $1,128,414 Hard Springing No No 2.13x 2.79x
16.01   Property Property 6                               2.13x  
16.02   Property Property 8                               2.13x  
16.03   Property Property 9                               2.13x  
16.04   Property Property 2                               2.13x  
16.05   Property Property 10                               2.13x  
16.06   Property Property 15                               2.13x  
16.07   Property Property 13                               2.13x  
16.08   Property Property 5                               2.13x  
16.09   Property Property 1                               2.13x  
16.10   Property Property 4                               2.13x  
16.11   Property Property 11                               2.13x  
16.12   Property Property 20                               2.13x  
16.13   Property Property 14                               2.13x  
16.14   Property Property 7                               2.13x  
16.15   Property Property 21                               2.13x  
16.16   Property Property 3                               2.13x  
16.17   Property Property 16                               2.13x  
16.18   Property Property 18                               2.13x  
16.19   Property Property 23                               2.13x  
16.20   Property Property 19                               2.13x  
16.21   Property Property 17                               2.13x  
16.22   Property Property 22                               2.13x  
16.23   Property Property 12                               2.13x  
17   Loan Sheraton Garden Grove 360 357 5/31/2017 7/6/2017 NAP 6/6/2022 6/6/2022 $112,314.59 NAP $1,347,775 NAP Hard Springing No Column - A 1.89x  
18   Loan Carolina Hotel Portfolio 300 300 6/21/2017 8/6/2017 2/6/2019 7/6/2024 7/6/2024 $124,976.65 $95,981.48 $1,499,720 $1,151,778 Hard Springing No No 2.07x 2.70x
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.                               2.07x  
18.02   Property Fairfield Inn Charlotte Northlake                               2.07x  
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area                               2.07x  
18.04   Property Comfort Suites Gastonia                               2.07x  
18.05   Property Fairfield Inn Myrtle Beach North                               2.07x  
19   Loan Keystone 200 & 300 360 354 3/6/2017 4/6/2017 NAP 3/6/2027 3/6/2027 $106,632.13 NAP $1,279,586 NAP Hard In Place No No 2.01x  
19.01   Property Keystone 300                               2.01x  
19.02   Property Keystone 200                               2.01x  
20   Loan Apex Fort Washington 360 360 2/17/2017 4/6/2017 4/6/2019 3/6/2027 3/6/2027 $92,805.60 $74,723.61 $1,113,667 $896,683 Hard Springing No No 1.59x 1.97x
21   Loan Whitehall Place Apartments 300 300 8/25/2017 10/6/2017 NAP 9/6/2027 9/6/2027 $85,517.60 NAP $1,026,211 NAP Springing Springing No No 1.67x  
22 (26) Loan Tenalok Portfolio 330 323 1/20/2017 3/6/2017 NAP 2/6/2027 2/6/2027 $69,963.69 NAP $839,564 NAP Hard Springing No No 2.29x  
22.01   Property Frayser Village                               2.29x  
22.02   Property Bartlesville Plaza                               2.29x  
22.03   Property Three Notch Plaza                               2.29x  
22.04   Property Frayser Center                               2.29x  
23 (26) Loan IC Leased Fee Hotel Portfolio 0 0 7/18/2017 9/5/2017 NAP 8/5/2027 8/5/2027 $48,628.05 $48,628.05 $583,537 $583,537 Hard In Place No No 1.67x 1.67x
23.01   Property Radisson Paper Valley                               1.67x  
23.02   Property City Place Downtown St. Louis                               1.67x  
23.03   Property Radisson Albany                               1.67x  
23.04   Property Radisson Cromwell                               1.67x  
23.05   Property Radisson Cheyenne                               1.67x  
23.06   Property Radisson High Point                               1.67x  
23.07   Property Radisson Billings                               1.67x  
24   Loan Comfort Suites Arlington 360 360 8/21/2017 10/6/2017 NAP 9/6/2027 9/6/2027 $51,744.33 NAP $620,932 NAP Hard Springing No No 2.00x  
25 (26) Loan Central Avenue Hotels 360 355 3/20/2017 5/5/2017 NAP 4/5/2027 4/5/2027 $48,432.51 NAP $581,190 NAP Hard Springing No No 1.95x  
25.01   Property La Quinta Inn & Suites                               1.95x  
25.02   Property Country Inn & Suites                               1.95x  
25.03   Property Quality Inn & Suites                               1.95x  
25.04   Property Econo Lodge Inn & Suites                               1.95x  
26   Loan Springhill Suites - Vero Beach FL 300 300 8/29/2017 10/6/2017 10/6/2018 9/6/2027 9/6/2027 $44,631.01 $31,757.96 $535,572 $381,095 Hard Springing No No 1.91x 2.68x
27   Loan Quality Inn Biloxi 300 300 8/10/2017 10/5/2017 NAP 9/5/2027 9/5/2027 $38,611.25 NAP $463,335 NAP Hard Springing No No 1.90x  
28   Loan Aston Plaza 360 360 8/9/2017 10/6/2017 NAP 9/6/2027 9/6/2027 $28,804.81 NAP $345,658 NAP Springing Springing No No 2.92x  
29   Loan AT&T Lincolnwood 360 360 8/16/2017 10/5/2017 10/5/2022 9/5/2027 9/5/2027 $17,803.79 $13,903.12 $213,645 $166,837 Hard Springing No Natixis - A 1.45x 1.85x
30   Loan Petco Bloomingdale 360 360 9/29/2016 11/6/2016 11/6/2021 10/6/2026 10/6/2026 $14,021.68 $10,838.47 $168,260 $130,062 Springing Springing No No 1.91x 2.47x
31   Loan Panera Bread Schererville 360 360 8/17/2017 10/5/2017 10/5/2022 9/5/2027 9/5/2027 $10,045.73 $7,813.11 $120,549 $93,757 Hard Springing No Natixis - A 1.58x 2.03x

 

A-1-4

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                          
                                         
        MORTGAGE LOAN CHARACTERISTICS           MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(16)
Loan ID Footnotes Property
Flag 
Deal Name UW NCF
DSCR (P&I)(13)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio(7)
Maturity Date LTV Ratio(7) Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)(14)(15)
  Third Most
Recent Revenues
Third Most
Recent Expenses
Third Most
Recent NOI 
Third
Most Recent
NOI Date 
Third Most
Recent NOI
Debt Yield
Second Most
 Recent Revenues
Second Most
 Recent Expenses
Second Most
 Recent NOI 
1   Loan Park Center Phase I 3.17x 3.17x 51.4% 51.4% 0    0    6 YM1(74), O(10)   N/A N/A N/A N/A N/A N/A N/A N/A
2   Loan Westin Building Exchange 7.20x 7.20x 26.6% 26.6% 0    0    11 L(26), Def(87), O(7)   $43,393,664 $14,627,751 $28,765,913 2015 21.3% $45,505,740 $15,441,337 $30,064,403
3   Loan Two Independence Square 3.80x 3.80x 43.7% 43.7% 0    0    6 L(26), Def(30), O(4)   $30,273,236 $9,696,826 $20,576,410 2015 12.5% $30,401,458 $9,461,907 $20,939,551
3 - CS     Two Independence Square - CS                                  
3 - NXS     Two Independence Square - Natixis                                  
4 (26) Loan 245 Park Avenue 2.73x 2.73x 48.9% 48.9% 0    0    1 L(27), Def(89), O(4)   $160,661,056 $57,993,351 $102,667,705 2015 9.5% $167,638,950 $60,922,988 $106,715,962
5   Loan The Boulders Resort & Spa 1.61x   56.0% 52.0% 0    0    6 L(24), Def(32), O(4)   $40,541,404 $32,440,289 $8,101,115 2015 11.1% $39,711,002 $30,943,308 $8,767,694
6 (26) Loan Hilton Glendale 1.83x   63.4% 58.8% 0    0    6 L(25), Def(31), O(4)   $23,482,214 $18,315,939 $5,166,275 2015 10.9% $25,165,095 $19,079,757 $6,085,338
7   Loan 85 Broad Street 4.11x 4.11x 25.9% 25.9% 0    0    5 L(11), YM1(16), Def or YM1(86), O(7)   $35,477,343 $21,206,955 $14,270,387 2015 8.4% $44,191,890 $21,069,855 $23,122,035
8   Loan Allergan HQ 4.45x 4.45x 26.2% 26.2% 0    0    5 L(31), Def(85), O(4)   N/A N/A N/A N/A N/A N/A N/A N/A
9   Loan JW Marriott Chicago 5.64x 5.64x 21.4% 21.4% 0    0    5 L(25), Def(31), O(4)   $70,939,493 $50,428,490 $20,511,003 2015 25.9% $71,943,283 $50,752,018 $21,191,265
10   Loan 300 Montgomery 2.56x 2.56x 55.2% 55.2% 0    0    5 L(24), YM1(89), O(7)   $7,344,703 $3,242,074 $4,102,630 2015 6.2% $8,663,441 $3,352,316 $5,311,125
11 (26) Loan Center 78 1.86x 2.22x 67.4% 67.4% 0    0    9 L(25), Def(91), O(4)   $4,357,474 $2,970,656 $1,386,818 2015 2.2% $3,804,098 $2,985,327 $818,771
12   Loan The Manhattan 1.75x 1.75x 62.4% 62.4% 0    0    5 L(25), Def(91), O(4)   N/A N/A N/A N/A N/A N/A N/A N/A
13 (26) Loan West Town Mall 2.40x 3.83x 33.0% 30.7% 0    0    1 L(26), Def(27), O(7)   $30,419,997 $6,663,708 $23,756,289 2015 19.2% $30,411,650 $6,989,951 $23,421,699
14   Loan Wal-Mart Central 1.52x   74.3% 59.8% 0    0    5 L(25), Def or YM1(91), O(4)   $3,059,734 $691,897 $2,367,837 2015 8.0% $3,334,306 $705,712 $2,628,594
15 (26) Loan Acropolis Garden 5.31x 5.31x 25.4% 25.4% 0    0    5 L(28), Def(89), O(3)   $5,633,315 $5,434,367 $198,948 2015 0.4% $5,696,822 $5,137,865 $558,957
16 (26) Loan Bob Evans 2.12x 2.78x 49.5% 45.4% 0    0    5 YM1(24), Def or YM1(92), O(4)   N/A N/A N/A N/A N/A N/A N/A N/A
16.01   Property Property 6 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.02   Property Property 8 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.03   Property Property 9 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.04   Property Property 2 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.05   Property Property 10 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.06   Property Property 15 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.07   Property Property 13 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.08   Property Property 5 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.09   Property Property 1 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.10   Property Property 4 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.11   Property Property 11 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.12   Property Property 20 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.13   Property Property 14 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.14   Property Property 7 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.15   Property Property 21 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.16   Property Property 3 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.17   Property Property 16 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.18   Property Property 18 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.19   Property Property 23 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.20   Property Property 19 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.21   Property Property 17 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.22   Property Property 22 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
16.23   Property Property 12 2.12x   49.5% 45.4%           N/A N/A N/A N/A   N/A N/A N/A
17   Loan Sheraton Garden Grove 1.61x   54.6% 50.7% 0    0    6 L(27), Def(29), O(4)   $9,638,779 $6,783,614 $2,855,165 2015 14.0% $9,727,118 $7,121,880 $2,605,238
18   Loan Carolina Hotel Portfolio 1.87x 2.44x 65.9% 58.5% 0    0    6 L(26), Def(54), O(4)   $11,992,637 $7,353,256 $4,639,381 2015 12.7% $13,872,100 $7,957,923 $5,914,177
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. 1.87x   65.9% 58.5%           $3,326,255 $2,122,532 $1,203,723 2015   $3,509,864 $2,187,957 $1,321,907
18.02   Property Fairfield Inn Charlotte Northlake 1.87x   65.9% 58.5%           $2,388,903 $1,369,176 $1,019,727 2015   $2,664,635 $1,481,074 $1,183,561
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area 1.87x   65.9% 58.5%           $2,035,903 $1,246,889 $789,014 2015   $2,819,029 $1,648,332 $1,170,697
18.04   Property Comfort Suites Gastonia 1.87x   65.9% 58.5%           $2,520,140 $1,467,449 $1,052,691 2015   $2,735,717 $1,531,615 $1,204,102
18.05   Property Fairfield Inn Myrtle Beach North 1.87x   65.9% 58.5%           $1,721,436 $1,147,210 $574,226 2015   $2,142,855 $1,108,945 $1,033,910
19   Loan Keystone 200 & 300 1.77x   60.6% 50.0% 0    0    6 L(30), Def(86), O(4)   $3,970,908 $1,945,307 $2,025,601 2015 10.2% $3,897,356 $1,919,121 $1,978,235
19.01   Property Keystone 300 1.77x   60.6% 50.0%           $2,330,395 $1,267,058 $1,063,337 2015   $2,246,798 $1,223,574 $1,023,224
19.02   Property Keystone 200 1.77x   60.6% 50.0%           $1,640,513 $678,249 $962,264 2015   $1,650,558 $695,547 $955,011
20   Loan Apex Fort Washington 1.41x 1.76x 64.4% 56.1% 0    0    6 L(30), Def(86), O(4)   $6,620,651 $3,686,902 $2,933,749 2015 5.4% $5,049,485 $3,355,461 $1,694,024
21   Loan Whitehall Place Apartments 1.46x   54.5% 40.4% 0    0    6 L(24), Def(92), O(4)   $4,707,180 $3,074,208 $1,632,972 2015 10.9% $4,756,246 $3,305,129 $1,451,117
22 (26) Loan Tenalok Portfolio 2.02x   48.0% 37.2% 0    0    6 L(31), Def(85), O(4)   $2,787,517 $748,061 $2,039,456 2015 15.0% $2,856,001 $796,120 $2,059,881
22.01   Property Frayser Village 2.02x   48.0% 37.2%           $1,509,755 $437,296 $1,072,459 2015   $1,559,722 $475,529 $1,084,193
22.02   Property Bartlesville Plaza 2.02x   48.0% 37.2%           $528,971 $118,763 $410,208 2015   $546,127 $125,459 $420,668
22.03   Property Three Notch Plaza 2.02x   48.0% 37.2%           $411,425 $82,602 $328,823 2015   $408,275 $84,033 $324,242
22.04   Property Frayser Center 2.02x   48.0% 37.2%           $337,366 $109,400 $227,966 2015   $341,877 $111,099 $230,778
23 (26) Loan IC Leased Fee Hotel Portfolio 1.67x 1.67x 73.2% 73.2% 0    0    5 L(25), Def(92), O(3)   N/A N/A N/A N/A N/A N/A N/A N/A
23.01   Property Radisson Paper Valley 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
23.02   Property City Place Downtown St. Louis 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
23.03   Property Radisson Albany 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
23.04   Property Radisson Cromwell 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
23.05   Property Radisson Cheyenne 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
23.06   Property Radisson High Point 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
23.07   Property Radisson Billings 1.67x   73.2% 73.2%           N/A N/A N/A N/A   N/A N/A N/A
24   Loan Comfort Suites Arlington 1.78x   65.2% 53.6% 0    0    6 L(24), Def(92), O(4)   $3,024,724 $1,896,016 $1,128,708 2015 11.7% $3,366,856 $2,044,750 $1,322,106
25 (26) Loan Central Avenue Hotels 1.69x   52.6% 45.2% 0    0    5 L(29), Def(88), O(3)   $3,782,483 $2,595,675 $1,186,807 2015 15.3% $3,874,291 $2,692,108 $1,182,183
25.01   Property La Quinta Inn & Suites 1.69x   52.6% 45.2%           $1,567,163 $1,036,541 $530,622 2015   $1,639,057 $1,113,481 $525,576
25.02   Property Country Inn & Suites 1.69x   52.6% 45.2%           $1,075,981 $664,733 $411,248 2015   $1,059,140 $668,595 $390,546
25.03   Property Quality Inn & Suites 1.69x   52.6% 45.2%           $775,424 $598,596 $176,828 2015   $773,413 $569,972 $203,441
25.04   Property Econo Lodge Inn & Suites 1.69x   52.6% 45.2%           $363,914 $295,805 $68,109 2015   $402,681 $340,060 $62,621
26   Loan Springhill Suites - Vero Beach FL 1.67x 2.35x 62.0% 48.1% 0    0    6 L(24), Def(92), O(4)   $3,135,830 $1,991,468 $1,144,362 2015 14.8% $3,047,751 $2,028,275 $1,019,476
27   Loan Quality Inn Biloxi 1.72x   54.5% 42.1% 0    0    5 L(24), Def(93), O(3)   $2,037,389 $1,167,410 $869,979 2015 14.4% $2,124,054 $1,157,989 $966,065
28   Loan Aston Plaza 2.57x   46.4% 37.3% 0    0    6 L(24), Def(92), O(4)   $1,454,399 $647,613 $806,786 2015 13.9% $1,419,878 $605,248 $814,629
29   Loan AT&T Lincolnwood 1.44x 1.85x 62.6% 57.7% 0    0    5 L(24), Def(93), O(3)   N/A N/A N/A N/A N/A N/A N/A N/A
30   Loan Petco Bloomingdale 1.83x 2.37x 48.9% 45.0% 0    0    6 L(35), Def(81), O(4)   N/A N/A N/A N/A N/A N/A N/A N/A
31   Loan Panera Bread Schererville 1.57x 2.02x 51.4% 47.3% 0    0    5 L(24), Def(93), O(3)   N/A N/A N/A N/A N/A N/A N/A N/A

 

A-1-5

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                      
                                     
        MORTGAGED PROPERTY UNDERWRITTEN CASH FLOWS(16)        
Loan ID Footnotes Property
Flag 
Deal Name Second
Most Recent
NOI Date 
Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Most
 Recent Expenses
Most
Recent NOI 
Most Recent
NOI Date 
Most
Recent NOI
Debt Yield
UW
Occupancy
UW EGI(17) UW
Expenses 
UW NOI(17) UW NOI
Debt Yield
UW
Capital Items
UW NCF(17) UW NCF
Debt Yield
1   Loan Park Center Phase I N/A N/A $22,593,870 $6,712,812 $15,881,058 YTD 5/31/2017 10.1% 99.6% $24,931,963 $7,842,171 $17,089,792 10.8% $124,408 $16,965,384 10.7%
2   Loan Westin Building Exchange 2016 22.3% $46,755,471 $15,924,978 $30,830,493 T12 4/30/2017 22.8% 93.4% $49,623,835 $16,327,188 $33,296,646 24.7% $883,397 $32,413,250 24.0%
3   Loan Two Independence Square 2016 12.8% $30,603,916 $9,414,326 $21,189,590 T12 3/31/2017 12.9% 100.0% $31,593,604 $11,035,326 $20,558,277 12.5% $139,576 $20,418,701 12.5%
3 - CS     Two Independence Square - CS                              
3 - NXS     Two Independence Square - Natixis                              
4 (26) Loan 245 Park Avenue 2016 9.9% $168,887,445 $61,210,770 $107,676,675 T12 3/31/2017 10.0% 88.5% $177,756,680 $62,448,738 $115,307,942 10.7% $5,743,040 $109,564,903 10.1%
5   Loan The Boulders Resort & Spa 2016 12.0% $40,823,938 $31,434,940 $9,388,998 T12 6/30/2017 12.9% 73.8% $40,823,938 $31,183,660 $9,640,278 13.2% $1,632,958 $8,007,320 11.0%
6 (26) Loan Hilton Glendale 2016 12.9% $24,959,643 $19,571,561 $5,388,082 T12 7/31/2017 11.4% 83.9% $24,959,643 $18,539,491 $6,420,152 13.6% $998,386 $5,421,766 11.5%
7   Loan 85 Broad Street 2016 13.7% $45,212,554 $21,305,990 $23,906,564 T12 2/28/2017 14.1% 86.8% $47,225,377 $21,294,959 $25,930,418 15.3% $1,901,470 $24,028,948 14.2%
8   Loan Allergan HQ N/A N/A N/A N/A N/A N/A N/A 95.0% $12,767,344 $4,045,277 $8,722,066 19.4% $68,052 $8,654,014 19.2%
9   Loan JW Marriott Chicago 2016 26.7% $71,958,814 $50,637,381 $21,321,433 T12 4/30/2017 26.9% 76.1% $71,959,137 $50,733,018 $21,226,120 26.8% $2,878,365 $18,347,754 23.1%
10   Loan 300 Montgomery 2016 8.0% $8,951,097 $3,490,075 $5,461,022 T12 6/30/2017 8.3% 88.1% $9,739,155 $3,391,504 $6,347,651 9.6% $238,792 $6,108,859 9.3%
11 (26) Loan Center 78 2016 1.3% $5,752,096 $3,318,818 $2,433,278 T12 5/31/2017 3.8% 88.9% $9,997,347 $3,648,950 $6,348,397 9.9% $469,568 $5,878,829 9.2%
12   Loan The Manhattan N/A N/A $1,577,394 $340,455 $1,236,939 T12 5/31/2017 3.8% 94.9% $3,521,668 $827,926 $2,693,742 8.2% $132,347 $2,561,396 7.8%
13 (26) Loan West Town Mall 2016 18.9% $30,110,438 $6,782,789 $23,327,649 T12 5/31/2017 18.8% 92.6% $29,380,918 $6,799,826 $22,581,092 18.2% $1,548,160 $21,032,932 17.0%
14   Loan Wal-Mart Central 2016 8.9% $3,349,803 $732,353 $2,617,450 T12 4/30/2017 8.9% 91.5% $3,855,441 $934,378 $2,921,063 9.9% $243,910 $2,677,153 9.1%
15 (26) Loan Acropolis Garden 2016 1.2% N/A N/A N/A N/A N/A 96.0% $14,965,959 $5,787,751 $9,178,209 20.4% $163,152 $9,015,057 20.0%
16 (26) Loan Bob Evans N/A N/A N/A N/A N/A N/A N/A 95.0% $3,692,066 $543,300 $3,148,765 13.1% $6,153 $3,142,613 13.1%
16.01   Property Property 6 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.02   Property Property 8 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.03   Property Property 9 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.04   Property Property 2 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.05   Property Property 10 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.06   Property Property 15 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.07   Property Property 13 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.08   Property Property 5 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.09   Property Property 1 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.10   Property Property 4 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.11   Property Property 11 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.12   Property Property 20 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.13   Property Property 14 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.14   Property Property 7 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.15   Property Property 21 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.16   Property Property 3 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.17   Property Property 16 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.18   Property Property 18 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.19   Property Property 23 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.20   Property Property 19 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.21   Property Property 17 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.22   Property Property 22 N/A   N/A N/A N/A N/A           13.1%     13.1%
16.23   Property Property 12 N/A   N/A N/A N/A N/A           13.1%     13.1%
17   Loan Sheraton Garden Grove 2016 12.7% $9,657,975 $7,066,789 $2,591,186 T12 3/31/2017 12.7% 66.2% $9,657,975 $7,105,523 $2,552,452 12.5% $386,319 $2,166,133 10.6%
18   Loan Carolina Hotel Portfolio 2016 16.2% $13,715,170 $7,963,384 $5,751,786 T12 2/28/2017 15.8% 72.7% $13,715,170 $8,041,374 $5,673,796 15.5% $548,607 $5,125,189 14.0%
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. 2016   $3,403,989 $2,177,444 $1,226,545 T12 2/28/2017   73.4% $3,403,989 $2,190,563 $1,213,426 15.5% $136,160 $1,077,266 14.0%
18.02   Property Fairfield Inn Charlotte Northlake 2016   $2,622,062 $1,458,342 $1,163,720 T12 2/28/2017   73.1% $2,622,062 $1,472,587 $1,149,475 15.5% $104,882 $1,044,592 14.0%
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area 2016   $2,869,293 $1,670,621 $1,198,672 T12 2/28/2017   81.9% $2,869,293 $1,686,462 $1,182,831 15.5% $114,772 $1,068,059 14.0%
18.04   Property Comfort Suites Gastonia 2016   $2,694,542 $1,548,208 $1,146,334 T12 2/28/2017   75.1% $2,694,542 $1,565,884 $1,128,658 15.5% $107,782 $1,020,877 14.0%
18.05   Property Fairfield Inn Myrtle Beach North 2016   $2,125,284 $1,108,769 $1,016,515 T12 2/28/2017   60.2% $2,125,284 $1,125,878 $999,406 15.5% $85,011 $914,395 14.0%
19   Loan Keystone 200 & 300 2016 10.0% $4,241,708 $1,871,306 $2,370,402 T11 5/30/2017 11.9% 92.3% $5,273,299 $2,698,171 $2,575,128 13.0% $305,468 $2,269,660 11.4%
19.01   Property Keystone 300 2016                     13.0%     11.4%
19.02   Property Keystone 200 2016                     13.0%     11.4%
20   Loan Apex Fort Washington 2016 3.1% $5,198,481 $3,247,015 $1,951,466 T12 5/31/2017 3.6% 90.0% $9,282,042 $3,520,926 $5,761,116 10.6% $639,463 $5,121,653 9.4%
21   Loan Whitehall Place Apartments 2016 9.7% $4,909,916 $3,362,017 $1,547,899 T12 6/30/2017 10.3% 93.6% $4,909,916 $3,201,082 $1,708,834 11.4% $210,663 $1,498,171 10.0%
22 (26) Loan Tenalok Portfolio 2016 15.2% N/A N/A N/A N/A N/A 87.3% $2,657,159 $738,460 $1,918,699 14.2% $222,116 $1,696,583 12.5%
22.01   Property Frayser Village 2016   N/A N/A N/A N/A   99.5% $1,763,505 $442,528 $1,320,977 14.2% $110,796 $1,210,181 12.5%
22.02   Property Bartlesville Plaza 2016   N/A N/A N/A N/A   34.9% $200,457 $117,136 $83,320 14.2% $57,990 $25,331 12.5%
22.03   Property Three Notch Plaza 2016   N/A N/A N/A N/A   99.5% $333,958 $67,681 $266,277 14.2% $34,068 $232,209 12.5%
22.04   Property Frayser Center 2016   N/A N/A N/A N/A   99.5% $359,239 $111,115 $248,124 14.2% $19,262 $228,863 12.5%
23 (26) Loan IC Leased Fee Hotel Portfolio N/A N/A N/A N/A N/A N/A N/A 100.0% $5,305,307   $5,305,307 8.5%   $5,305,307 8.5%
23.01   Property Radisson Paper Valley N/A   N/A N/A N/A N/A   100.0% $1,684,326   $1,684,326 8.5%   $1,684,326 8.5%
23.02   Property City Place Downtown St. Louis N/A   N/A N/A N/A N/A   100.0% $1,331,220   $1,331,220 8.5%   $1,331,220 8.5%
23.03   Property Radisson Albany N/A   N/A N/A N/A N/A   100.0% $679,432   $679,432 8.5%   $679,432 8.5%
23.04   Property Radisson Cromwell N/A   N/A N/A N/A N/A   100.0% $458,696   $458,696 8.5%   $458,696 8.5%
23.05   Property Radisson Cheyenne N/A   N/A N/A N/A N/A   100.0% $418,214   $418,214 8.5%   $418,214 8.5%
23.06   Property Radisson High Point N/A   N/A N/A N/A N/A   100.0% $523,777   $523,777 8.5%   $523,777 8.5%
23.07   Property Radisson Billings N/A   N/A N/A N/A N/A   100.0% $209,643   $209,643 8.5%   $209,643 8.5%
24   Loan Comfort Suites Arlington 2016 13.7% $3,357,899 $2,065,112 $1,292,788 T12 6/30/2017 13.4% 80.0% $3,282,234 $2,042,900 $1,239,334 12.8% $131,289 $1,108,045 11.5%
25 (26) Loan Central Avenue Hotels 2016 15.2% $3,832,200 $2,659,900 $1,172,300 T12 2/28/2017 15.1% 39.9% $3,833,261 $2,700,137 $1,133,125 14.6% $153,330 $979,794 12.6%
25.01   Property La Quinta Inn & Suites 2016   $1,611,676 $1,098,488 $513,188 T12 2/28/2017   48.9% $1,611,676 $1,108,975 $502,701 14.6% $64,467 $438,234 12.6%
25.02   Property Country Inn & Suites 2016   $1,048,322 $664,260 $384,062 T12 2/28/2017   41.9% $1,049,383 $668,117 $381,265 14.6% $41,975 $339,290 12.6%
25.03   Property Quality Inn & Suites 2016   $779,427 $567,619 $211,808 T12 2/28/2017   31.8% $779,427 $570,043 $209,385 14.6% $31,177 $178,207 12.6%
25.04   Property Econo Lodge Inn & Suites 2016   $392,776 $329,533 $63,242 T12 2/28/2017   29.5% $392,776 $353,002 $39,774 14.6% $15,711 $24,063 12.6%
26   Loan Springhill Suites - Vero Beach FL 2016 13.2% $3,116,031 $2,093,558 $1,022,473 T12 7/31/2017 13.2% 79.3% $3,116,031 $2,094,367 $1,021,664 13.2% $124,641 $897,023 11.6%
27   Loan Quality Inn Biloxi 2016 16.0% $2,165,533 $1,244,615 $920,918 T12 5/31/2017 15.2% 40.8% $2,169,051 $1,287,221 $881,830 14.6% $86,762 $795,068 13.1%
28   Loan Aston Plaza 2016 14.0% $1,447,294 $568,249 $879,045 T12 6/30/2017 15.2% 91.0% $1,663,756 $652,976 $1,010,779 17.4% $123,424 $887,355 15.3%
29   Loan AT&T Lincolnwood N/A N/A N/A N/A N/A N/A N/A 95.0% $321,958 $12,878 $309,080 9.2% $675 $308,405 9.2%
30   Loan Petco Bloomingdale N/A N/A $349,274 $10,478 $338,796 T12 4/30/2017 12.7% 95.0% $331,810 $9,954 $321,856 12.0% $13,387 $308,469 11.5%
31   Loan Panera Bread Schererville N/A N/A N/A N/A N/A N/A N/A 95.1% $195,876 $5,876 $190,000 10.0% $900 $189,100 10.0%

 

A-1-6

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                    
                                   
        LARGEST TENANT INFORMATION(18)(19)(20)   2ND LARGEST TENANT INFORMATION(18)(19)(20)  3RD LARGEST TENANT INFORMATION(18)(19)(20)
Loan ID Footnotes Property
Flag 
Deal Name Largest Tenant  Largest
Tenant Lease
Expiration
Largest
Tenant NSF 
Largest
Tenant
% of NSF
  2nd Largest Tenant  2nd Largest
Tenant Lease
Expiration
2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
  3rd Largest Tenant  3rd Largest
Tenant Lease
Expiration
3rd Largest
Tenant NSF
3rd Largest
Tenant % of NSF
1   Loan Park Center Phase I State Farm 6/30/2037 569,778 96.4%   Del Frisco’s 5/31/2028 10,090 1.7%   Compass Food Court 12/31/2022 4,895 0.8%
2   Loan Westin Building Exchange WBX Customer Care 12/31/2025 62,496 15.6%   Equinix, Inc. 8/31/2019 38,650 9.6%   Level 3 Communications, LLC 8/31/2020 19,718 4.9%
3   Loan Two Independence Square NASA 8/3/2028 597,253 98.6%   Grand Deli & Café 7/31/2027 7,292 1.2%   Independence Lobby Shop 5/31/2023 718 0.1%
3 - CS     Two Independence Square - CS                            
3 - NXS     Two Independence Square - Natixis                            
4 (26) Loan 245 Park Avenue Société Générale 10/31/2032 562,347 32.6%   JP Morgan Chase Bank, N.A. 10/31/2022 225,438 13.1%   Major League Baseball 10/31/2022 220,565 12.8%
5   Loan The Boulders Resort & Spa NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
6 (26) Loan Hilton Glendale NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
7   Loan 85 Broad Street WeWork 8/31/2033 292,956 26.2%   Oppenheimer 2/28/2028 275,792 24.7%   Nielsen 3/31/2025 117,207 10.5%
8   Loan Allergan HQ Allergan 6/30/2030 431,495 95.1%   Bright Horizons 4/30/2022 12,985 2.9%   NAP NAP NAP NAP
9   Loan JW Marriott Chicago NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
10   Loan 300 Montgomery Ripple Labs, Inc. 8/31/2019 14,749 7.7%   Consulate General of Brazil 5/31/2022 13,000 6.8%   ELS Educational Services, Inc. 6/30/2024 12,303 6.4%
11 (26) Loan Center 78 GSK 2/28/2027 147,411 39.6%   EMC 9/30/2020 81,683 21.9%   Fiserv 7/31/2024 40,394 10.8%
12   Loan The Manhattan WeWork 12/31/2031 50,680 65.1%   Mothership Strategies 11/30/2021 7,162 9.2%   Franklin Hall 12/31/2026 5,649 7.3%
13 (26) Loan West Town Mall Belk (2 boxes) 1/31/2033 305,779 39.6%   Regal Cinemas 11/30/2028 76,580 9.9%   Victoria’s Secret 1/31/2018 15,181 2.0%
14   Loan Wal-Mart Central 24 Hour Fitness 11/30/2027 56,200 40.3%   99 Cents Only 1/31/2026 23,560 16.9%   Western Dental Services 3/31/2018 5,000 3.6%
15 (26) Loan Acropolis Garden NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
16 (26) Loan Bob Evans                            
16.01   Property Property 6 Bob Evans Restaurants, LLC 4/30/2037 5,215 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.02   Property Property 8 Bob Evans Restaurants, LLC 4/30/2037 5,216 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.03   Property Property 9 Bob Evans Restaurants, LLC 4/30/2037 5,539 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.04   Property Property 2 Bob Evans Restaurants, LLC 4/30/2037 6,074 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.05   Property Property 10 Bob Evans Restaurants, LLC 4/30/2037 5,617 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.06   Property Property 15 Bob Evans Restaurants, LLC 4/30/2037 5,019 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.07   Property Property 13 Bob Evans Restaurants, LLC 4/30/2037 6,633 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.08   Property Property 5 Bob Evans Restaurants, LLC 4/30/2037 5,615 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.09   Property Property 1 Bob Evans Restaurants, LLC 4/30/2037 5,247 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.10   Property Property 4 Bob Evans Restaurants, LLC 4/30/2037 5,602 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.11   Property Property 11 Bob Evans Restaurants, LLC 4/30/2037 4,983 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.12   Property Property 20 Bob Evans Restaurants, LLC 4/30/2037 3,608 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.13   Property Property 14 Bob Evans Restaurants, LLC 4/30/2037 5,028 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.14   Property Property 7 Bob Evans Restaurants, LLC 4/30/2037 5,524 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.15   Property Property 21 Bob Evans Restaurants, LLC 4/30/2037 3,749 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.16   Property Property 3 Bob Evans Restaurants, LLC 4/30/2037 6,633 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.17   Property Property 16 Bob Evans Restaurants, LLC 4/30/2037 5,604 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.18   Property Property 18 Bob Evans Restaurants, LLC 4/30/2037 5,237 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.19   Property Property 23 Bob Evans Restaurants, LLC 4/30/2037 6,040 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.20   Property Property 19 Bob Evans Restaurants, LLC 4/30/2037 4,866 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.21   Property Property 17 Bob Evans Restaurants, LLC 4/30/2037 5,251 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.22   Property Property 22 Bob Evans Restaurants, LLC 4/30/2037 5,614 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
16.23   Property Property 12 Bob Evans Restaurants, LLC 4/30/2037 5,138 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
17   Loan Sheraton Garden Grove NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
18   Loan Carolina Hotel Portfolio                            
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
18.02   Property Fairfield Inn Charlotte Northlake NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
18.04   Property Comfort Suites Gastonia NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
18.05   Property Fairfield Inn Myrtle Beach North NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
19   Loan Keystone 200 & 300                            
19.01   Property Keystone 300 Verisk Health, Inc. 2/28/2022 32,231 21.1%   K&L Gates, LLP 12/31/2026 24,857 16.3%   SynteractHRC, Inc. 12/31/2023 23,403 15.3%
19.02   Property Keystone 200 National Institute of Health 10/31/2023 70,912 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
20   Loan Apex Fort Washington Nutrisystem 7/31/2022 119,767 30.8%   Lincoln Investment Planning 6/30/2027 52,767 13.6%   Impax Laboratories, Inc. 8/31/2027 47,379 12.2%
21   Loan Whitehall Place Apartments NAP NAP NAP NAP    NAP NAP NAP NAP   NAP NAP NAP NAP
22 (26) Loan Tenalok Portfolio                            
22.01   Property Frayser Village Kroger Company 7/31/2019 61,274 43.3%   B&P Beauty Supply 6/30/2032 14,000 9.9%   Rainbow Women’s 1/31/2021 10,000 7.1%
22.02   Property Bartlesville Plaza Client Logic (dba Sitel) 6/30/2018 34,443 38.7%   Big Lots 1/31/2019 25,973 29.2%   Dollar General 6/30/2019 8,450 9.5%
22.03   Property Three Notch Plaza Winn Dixie 8/31/2022 36,099 78.6%   Dollar Tree 6/30/2021 9,800 21.4%   NAP NAP NAP NAP
22.04   Property Frayser Center Moran Foods, Inc. (Save-A-Lot) 9/30/2019 18,707 60.4%   First Tennessee 10/31/2021 4,771 15.4%   Saleh Mobarez (Frayser Fashion) 12/31/2017 4,000 12.9%
23 (26) Loan IC Leased Fee Hotel Portfolio                            
23.01   Property Radisson Paper Valley NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
23.02   Property City Place Downtown St. Louis NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
23.03   Property Radisson Albany NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
23.04   Property Radisson Cromwell NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
23.05   Property Radisson Cheyenne NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
23.06   Property Radisson High Point NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
23.07   Property Radisson Billings NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
24   Loan Comfort Suites Arlington NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
25 (26) Loan Central Avenue Hotels                            
25.01   Property La Quinta Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
25.02   Property Country Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
25.03   Property Quality Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
25.04   Property Econo Lodge Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
26   Loan Springhill Suites - Vero Beach FL NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
27   Loan Quality Inn Biloxi NAP NAP NAP NAP   NAP NAP NAP NAP   NAP NAP NAP NAP
28   Loan Aston Plaza Restaurant Technologies 9/30/2024 22,893 13.0%   Transmission Specialties 12/31/2019 18,198 10.3%   Barksdale School  7/31/2020 14,640 8.3%
29   Loan AT&T Lincolnwood New Cingular Wireless PCS, LLC 5/29/2027 4,500 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
30   Loan Petco Bloomingdale Petco 7/31/2027 20,594 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP
31   Loan Panera Bread Schererville Panera, LLC 7/31/2027 6,000 100.0%   NAP NAP NAP NAP   NAP NAP NAP NAP

 

A-1-7

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS              
                             
        4TH LARGEST TENANT INFORMATION(18)(19)(20)  5TH LARGEST TENANT INFORMATION(18)(19)(20)  MORTGAGE LOAN RESERVE INFORMATION(21)(22)
Loan ID Footnotes Property
Flag 
Deal Name 4th Largest Tenant  4th Largest
Tenant Lease
Expiration
4th Largest
Tenant NSF 
4th Largest
Tenant % of NSF
  5th Largest Tenant  5th Largest
Tenant Lease
Expiration
5th Largest
Tenant NSF 
5th Largest
Tenant % of NSF
  Upfront
Replacement
Reserves (23)
1   Loan Park Center Phase I NAP NAP NAP NAP   NAP NAP NAP NAP   $0
2   Loan Westin Building Exchange Sprint Communications Co., L P 4/30/2025 17,031 4.2%   State of Washington 11/30/2018 14,647 3.6%   $0
3   Loan Two Independence Square Cleaner of Cleaners 3/31/2026 634 0.1%   NAP NAP NAP NAP   GSA Replacements Reserve ($2,500,000); Garage Replacements ($871,097)
3 - CS     Two Independence Square - CS                      
3 - NXS     Two Independence Square - Natixis                      
4 (26) Loan 245 Park Avenue Angelo, Gordon & Co., L.P. 5/31/2026 113,405 6.6%   Rabobank Nederland 9/30/2026 109,657 6.4%   $47,738
5   Loan The Boulders Resort & Spa NAP NAP NAP NAP   NAP NAP NAP NAP   $136,080
6 (26) Loan Hilton Glendale NAP NAP NAP NAP   NAP NAP NAP NAP   $82,870
7   Loan 85 Broad Street Vox Media 1/31/2031 85,733 7.7%   Banco Popular 2/28/2026 53,229 4.8%   $0
8   Loan Allergan HQ NAP NAP NAP NAP   NAP NAP NAP NAP   $0
9   Loan JW Marriott Chicago NAP NAP NAP NAP   NAP NAP NAP NAP   $0
10   Loan 300 Montgomery Delagnes, Mitchell & Linder 8/31/2025 10,753 5.6%   Walgreens Co. 12/31/2021 9,441 4.9%   $0
11 (26) Loan Center 78 Continental Casualty Co. 6/30/2024 25,207 6.8%   Bellerophon Therapeutics, Inc. 3/31/2023 21,845 5.9%   $0
12   Loan The Manhattan Compass Rose (Maydan) 12/31/2027 2,926 3.8%   Downtown Fitness (Mint) 2/28/2027 2,869 3.7%   $0
13 (26) Loan West Town Mall Shoe Dept. Encore 6/30/2023 12,081 1.6%   Pottery Barn 1/31/2019 11,135 1.4%   $0
14   Loan Wal-Mart Central Chase Bank 12/31/2018 4,900 3.5%   Waffle Barn 11/30/2022 3,400 2.4%   $0
15 (26) Loan Acropolis Garden NAP NAP NAP NAP   NAP NAP NAP NAP   $0
16 (26) Loan Bob Evans                     $0
16.01   Property Property 6 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.02   Property Property 8 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.03   Property Property 9 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.04   Property Property 2 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.05   Property Property 10 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.06   Property Property 15 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.07   Property Property 13 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.08   Property Property 5 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.09   Property Property 1 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.10   Property Property 4 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.11   Property Property 11 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.12   Property Property 20 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.13   Property Property 14 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.14   Property Property 7 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.15   Property Property 21 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.16   Property Property 3 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.17   Property Property 16 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.18   Property Property 18 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.19   Property Property 23 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.20   Property Property 19 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.21   Property Property 17 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.22   Property Property 22 NAP NAP NAP NAP   NAP NAP NAP NAP    
16.23   Property Property 12 NAP NAP NAP NAP   NAP NAP NAP NAP    
17   Loan Sheraton Garden Grove NAP NAP NAP NAP   NAP NAP NAP NAP   $32,193
18   Loan Carolina Hotel Portfolio                     $0
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. NAP NAP NAP NAP   NAP NAP NAP NAP    
18.02   Property Fairfield Inn Charlotte Northlake NAP NAP NAP NAP   NAP NAP NAP NAP    
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area NAP NAP NAP NAP   NAP NAP NAP NAP    
18.04   Property Comfort Suites Gastonia NAP NAP NAP NAP   NAP NAP NAP NAP    
18.05   Property Fairfield Inn Myrtle Beach North NAP NAP NAP NAP   NAP NAP NAP NAP    
19   Loan Keystone 200 & 300                     $0
19.01   Property Keystone 300 KOWA Research Institute 4/30/2021 9,641 6.3%   Attain, LLC 9/30/2020 5,307 3.5%    
19.02   Property Keystone 200 NAP NAP NAP NAP   NAP NAP NAP NAP    
20   Loan Apex Fort Washington AstraZeneca Pharmaceuticals 8/31/2024 45,484 11.7%   Citizens Bank of Pennsylvania 12/31/2024 37,860 9.7%   $0
21   Loan Whitehall Place Apartments NAP NAP NAP NAP   NAP NAP NAP NAP   $0
22 (26) Loan Tenalok Portfolio                     $0
22.01   Property Frayser Village Family Dollar 1/31/2021 8,016 5.7%   Primary Care Service 11/30/2020 7,456 5.3%    
22.02   Property Bartlesville Plaza NAP NAP NAP NAP   NAP NAP NAP NAP    
22.03   Property Three Notch Plaza NAP NAP NAP NAP   NAP NAP NAP NAP    
22.04   Property Frayser Center Bestway Rental 8/31/2020 3,470 11.2%   NAP NAP NAP NAP    
23 (26) Loan IC Leased Fee Hotel Portfolio                     $0
23.01   Property Radisson Paper Valley NAP NAP NAP NAP   NAP NAP NAP NAP    
23.02   Property City Place Downtown St. Louis NAP NAP NAP NAP   NAP NAP NAP NAP    
23.03   Property Radisson Albany NAP NAP NAP NAP   NAP NAP NAP NAP    
23.04   Property Radisson Cromwell NAP NAP NAP NAP   NAP NAP NAP NAP    
23.05   Property Radisson Cheyenne NAP NAP NAP NAP   NAP NAP NAP NAP    
23.06   Property Radisson High Point NAP NAP NAP NAP   NAP NAP NAP NAP    
23.07   Property Radisson Billings NAP NAP NAP NAP   NAP NAP NAP NAP    
24   Loan Comfort Suites Arlington NAP NAP NAP NAP   NAP NAP NAP NAP   $0
25 (26) Loan Central Avenue Hotels                     $100,000
25.01   Property La Quinta Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP    
25.02   Property Country Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP    
25.03   Property Quality Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP    
25.04   Property Econo Lodge Inn & Suites NAP NAP NAP NAP   NAP NAP NAP NAP    
26   Loan Springhill Suites - Vero Beach FL NAP NAP NAP NAP   NAP NAP NAP NAP   $10,387
27   Loan Quality Inn Biloxi NAP NAP NAP NAP   NAP NAP NAP NAP   $0
28   Loan Aston Plaza Esschem  4/30/2020 13,572 7.7%   Action National Sign  4/30/2019 10,771 6.1%   $0
29   Loan AT&T Lincolnwood NAP NAP NAP NAP   NAP NAP NAP NAP   $0
30   Loan Petco Bloomingdale NAP NAP NAP NAP   NAP NAP NAP NAP   $0
31   Loan Panera Bread Schererville NAP NAP NAP NAP   NAP NAP NAP NAP   $0

 

A-1-8

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
             
        MORTGAGE LOAN RESERVE INFORMATION(21)(22)    
Loan ID Footnotes Property
Flag 
Deal Name Monthly
Replacement
Reserves
Replacement
Reserve Cap
Upfront TI/LC
 Reserves (23)
1   Loan Park Center Phase I Springing NAP $3,090,000
2   Loan Westin Building Exchange Springing $160,618 $0
3   Loan Two Independence Square $250,000 until $4,000,000 GSA Replacement reached; Springing (Monthly Replacement Reserve) GSA Replacements Reserve ($4,000,000) $0
3 - CS     Two Independence Square - CS      
3 - NXS     Two Independence Square - Natixis      
4 (26) Loan 245 Park Avenue $47,738 NAP $0
5   Loan The Boulders Resort & Spa 1/12 of 4% of gross income from operation from T12 period NAP $0
6 (26) Loan Hilton Glendale Greater of (a) one-twelfth (1/12th) of four percent (4%) of Gross Income from Operations for the Property over the trailing twelve (12) month period, or (b) the amount required by the terms of the Management Agreement or the Franchise Agreement NAP $0
7   Loan 85 Broad Street Springing NAP $0
8   Loan Allergan HQ $5,671 NAP $0
9   Loan JW Marriott Chicago Springing NAP $0
10   Loan 300 Montgomery Springing NAP $1,420,026
11 (26) Loan Center 78 $8,075 NAP $700,000
12   Loan The Manhattan $1,103 NAP $350,000
13 (26) Loan West Town Mall Springing $463,503 $80,469
14   Loan Wal-Mart Central $2,904 $104,533 $0
15 (26) Loan Acropolis Garden $13,596 NAP $0
16 (26) Loan Bob Evans $5,558 $133,380 $0
16.01   Property Property 6      
16.02   Property Property 8      
16.03   Property Property 9      
16.04   Property Property 2      
16.05   Property Property 10      
16.06   Property Property 15      
16.07   Property Property 13      
16.08   Property Property 5      
16.09   Property Property 1      
16.10   Property Property 4      
16.11   Property Property 11      
16.12   Property Property 20      
16.13   Property Property 14      
16.14   Property Property 7      
16.15   Property Property 21      
16.16   Property Property 3      
16.17   Property Property 16      
16.18   Property Property 18      
16.19   Property Property 23      
16.20   Property Property 19      
16.21   Property Property 17      
16.22   Property Property 22      
16.23   Property Property 12      
17   Loan Sheraton Garden Grove Greater of (a) one-twelfth (1/12th) of four percent (4%) of Gross Income from Operations for the Property over the trailing twelve (12) month period, or (b) the amount required by the terms of the Management Agreement or the Franchise Agreement NAP $0
18   Loan Carolina Hotel Portfolio 1/12th of 4% of gross revenues for the properties in the preceding calendar year. NAP $0
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.      
18.02   Property Fairfield Inn Charlotte Northlake      
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area      
18.04   Property Comfort Suites Gastonia      
18.05   Property Fairfield Inn Myrtle Beach North      
19   Loan Keystone 200 & 300 $4,284 NAP $18,305
19.01   Property Keystone 300      
19.02   Property Keystone 200      
20   Loan Apex Fort Washington $6,472 NAP $704,651
21   Loan Whitehall Place Apartments $17,555 $700,000 $0
22 (26) Loan Tenalok Portfolio $4,354 $180,000 $300,000
22.01   Property Frayser Village      
22.02   Property Bartlesville Plaza      
22.03   Property Three Notch Plaza      
22.04   Property Frayser Center      
23 (26) Loan IC Leased Fee Hotel Portfolio $0 NAP $0
23.01   Property Radisson Paper Valley      
23.02   Property City Place Downtown St. Louis      
23.03   Property Radisson Albany      
23.04   Property Radisson Cromwell      
23.05   Property Radisson Cheyenne      
23.06   Property Radisson High Point      
23.07   Property Radisson Billings      
24   Loan Comfort Suites Arlington 1/12th of 4% of the greater of (i) Gross Rents for the Property in the preceding calendar year or (ii) the projected Gross Rents for the Property for the current calendar year according to the most recently submitted Annual Budget NAP $0
25 (26) Loan Central Avenue Hotels Monthly: 1/12 of 8.0% of annual revenues on each payment date until May, 2020, inclusively. On the June, 2020 each payment date thereafter, 1/12 of 4.25% of annual revenues. NAP $0
25.01   Property La Quinta Inn & Suites      
25.02   Property Country Inn & Suites      
25.03   Property Quality Inn & Suites      
25.04   Property Econo Lodge Inn & Suites      
26   Loan Springhill Suites - Vero Beach FL Greater of (a) one-twelfth (1/12th) of four percent (4%) times the annual Rents and Profits of the Property for the applicable prior twelve (12) month period, or (b) the amount required by the terms of the Franchise Agreement NAP $0
27   Loan Quality Inn Biloxi 4.0% of gross rent for the immediately preceding calendar month NAP $0
28   Loan Aston Plaza $0 NAP $0
29   Loan AT&T Lincolnwood $56 NAP $0
30   Loan Petco Bloomingdale $257 NAP $0
31   Loan Panera Bread Schererville $75 NAP $0

 

A-1-9

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS                
                           
        MORTGAGE LOAN RESERVE INFORMATION(21)(22)          
Loan ID Footnotes Property
Flag 
Deal Name Monthly TI/LC
Reserves
TI/LC
Reserve Cap
Upfront Tax
 Reserves (23)
Monthly Tax
 Reserves
Upfront
Insurance Reserves (23)
Monthly
Insurance
Reserves
Upfront
Deferred Maint. Reserve (23) 
Upfront Debt Service Reserves (23) Monthly Debt Service Reserves Upfront Environmental Reserves (23)
1   Loan Park Center Phase I Springing NAP $0 Springing $0 Springing $0 $0 $0 $0
2   Loan Westin Building Exchange $0 NAP $0 Springing $0 Springing $0 $0 $0 $0
3   Loan Two Independence Square Springing NAP $0 Springing $0 Springing $0 $0 $0 $0
3 - CS     Two Independence Square - CS                    
3 - NXS     Two Independence Square - Natixis                    
4 (26) Loan 245 Park Avenue Monthly: $446,775 commencing with the payment date in May 2025 and on each payment date thereafter NAP $0 $3,878,518 $227,000 $113,500 $0 $0 $0 $0
5   Loan The Boulders Resort & Spa $0 NAP $73,769 $59,673 $167,878 $18,780 $0 $0 $0 $0
6 (26) Loan Hilton Glendale $0 NAP $760,488 $108,641 $40,111 $10,028 $5,500 $0 $0 $0
7   Loan 85 Broad Street Springing NAP $0 Springing $0 Springing $0 $0 $0 $0
8   Loan Allergan HQ $0 NAP $593,753 Springing $47,573 $23,787 $552,438 $0 $0 $0
9   Loan JW Marriott Chicago $0 NAP $223,974 $223,974 $198,332 $24,791 $13,554 $0 $0 $0
10   Loan 300 Montgomery Springing NAP $76,794 Springing $59,011 Springing $0 $0 $0 $0
11 (26) Loan Center 78 $31,056 NAP $55,238 $55,238 $56,892 $5,172 $7,975 $0 $0 $0
12   Loan The Manhattan Springing $350,000 $135,958 $27,192 $7,014 Springing $0 $0 $0 $0
13 (26) Loan West Town Mall $80,469 $3,862,515 $0 Springing $0 Springing $0 $0 $0 $0
14   Loan Wal-Mart Central $17,422 $627,197 $187,999 $37,600 $9,744 $3,248 $7,500 $0 $0 $0
15 (26) Loan Acropolis Garden $0 NAP $295,949 $147,974 $63,643 $31,821 $322,500 $0 $0 $0
16 (26) Loan Bob Evans $0 NAP $108,135 Springing $10,576 Springing $296,721 $0 $0 $0
16.01   Property Property 6                    
16.02   Property Property 8                    
16.03   Property Property 9                    
16.04   Property Property 2                    
16.05   Property Property 10                    
16.06   Property Property 15                    
16.07   Property Property 13                    
16.08   Property Property 5                    
16.09   Property Property 1                    
16.10   Property Property 4                    
16.11   Property Property 11                    
16.12   Property Property 20                    
16.13   Property Property 14                    
16.14   Property Property 7                    
16.15   Property Property 21                    
16.16   Property Property 3                    
16.17   Property Property 16                    
16.18   Property Property 18                    
16.19   Property Property 23                    
16.20   Property Property 19                    
16.21   Property Property 17                    
16.22   Property Property 22                    
16.23   Property Property 12                    
17   Loan Sheraton Garden Grove $0 NAP $183,140 $36,628 $10,588 $5,294 $17,460 $0 $0 $0
18   Loan Carolina Hotel Portfolio $0 NAP $308,655 $30,865 $21,261 $10,631 $48,679 $0 $0 $0
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.                    
18.02   Property Fairfield Inn Charlotte Northlake                    
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area                    
18.04   Property Comfort Suites Gastonia                    
18.05   Property Fairfield Inn Myrtle Beach North                    
19   Loan Keystone 200 & 300 $35,820 NAP $119,877 $39,959 $19,993 $1,999 $0 $0 $0 $0
19.01   Property Keystone 300                    
19.02   Property Keystone 200                    
20   Loan Apex Fort Washington $32,360 NAP $349,538 $69,908 $14,782 $7,391 $125,581 $0 $0 $0
21   Loan Whitehall Place Apartments $0 NAP $40,653 $20,327 $46,526 $11,632 $231,750 $0 $0 $0
22 (26) Loan Tenalok Portfolio $16,648 $500,000 $23,875 $23,875 $42,016 $8,403 $594,294 $0 $0 $0
22.01   Property Frayser Village                    
22.02   Property Bartlesville Plaza                    
22.03   Property Three Notch Plaza                    
22.04   Property Frayser Center                    
23 (26) Loan IC Leased Fee Hotel Portfolio $0 NAP $0 Springing $0 Springing $1,140,575 $0 $0 $230,862
23.01   Property Radisson Paper Valley                    
23.02   Property City Place Downtown St. Louis                    
23.03   Property Radisson Albany                    
23.04   Property Radisson Cromwell                    
23.05   Property Radisson Cheyenne                    
23.06   Property Radisson High Point                    
23.07   Property Radisson Billings                    
24   Loan Comfort Suites Arlington $0 NAP $131,166 $14,574 $0 Springing $0 $0 $0 $0
25 (26) Loan Central Avenue Hotels $0 NAP $8,201 $8,201 $61,949 $6,195 $0 $0 $0 $0
25.01   Property La Quinta Inn & Suites                    
25.02   Property Country Inn & Suites                    
25.03   Property Quality Inn & Suites                    
25.04   Property Econo Lodge Inn & Suites                    
26   Loan Springhill Suites - Vero Beach FL $0 NAP $53,790 $4,890 $8,447 $4,224 $0 $0 $0 $0
27   Loan Quality Inn Biloxi $0 NAP $62,971 $6,997 $20,557 $10,278 $22,813 $0 $0 $0
28   Loan Aston Plaza $0 NAP $0 Springing $0 Springing $0 $0 $0 $150,000
29   Loan AT&T Lincolnwood $0 NAP $5,625 $5,625 $847 $424 $0 $0 $0 $0
30   Loan Petco Bloomingdale $601 NAP $0 Springing $0 Springing $92,400 $0 $0 $0
31   Loan Panera Bread Schererville $0 NAP $5,666 $1,416 $1,031 $516 $2,063 $0 $0 $0

 

A-1-10

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS  
             
        MORTGAGE LOAN RESERVE INFORMATION(21)(22)
Loan ID Footnotes Property
Flag 
Deal Name Initial Other
Reserves (23)
Initial Other Reserves Description Ongoing Other
Reserves
1   Loan Park Center Phase I $0 NAP $0
2   Loan Westin Building Exchange $0 NAP Springing
3   Loan Two Independence Square $0 NAP $0
3 - CS     Two Independence Square - CS      
3 - NXS     Two Independence Square - Natixis      
4 (26) Loan 245 Park Avenue $11,431,608 Outstanding Rollover Reserve ($10,298,441); Free Rent Reserve ($1,133,167) $0
5   Loan The Boulders Resort & Spa $300,000 Seasonality Reserve Springing
6 (26) Loan Hilton Glendale $0 NAP $0
7   Loan 85 Broad Street $8,741,590 Upfront Unfunded Lease Obligations Reserve ($8,170,739); Upfront Free Rent Reserve ($570,850) Springing
8   Loan Allergan HQ $62,635,825 Tenant Improvement Allowance Reserve ($23,477,865.38); Allergan Free Rent Reserve ($14,176,409); Additional Parking Facilities Reserve ($9,784,199.7); Base Building Allowance Reserve ($6,825,000); Allergan LC Reserve ($5,728,098); FFE&T Allowance Reserve ($1,903,115.38); Operating Expense Reserve ($404,058); Valet Parking Reserve ($135,000); Bright Horizons Free Rent Reserve ($104,691.6); Bright Horizons Tenant Improvement Allowance Reserve ($97,387.5) Springing
9   Loan JW Marriott Chicago $2,000,000 Seasonal Reserve Springing
10   Loan 300 Montgomery $0 NAP $0
11 (26) Loan Center 78 $0 NAP Springing
12   Loan The Manhattan $856,007 Free Rent Reserve ($162,062); Outstanding TI/LC ((x) $518,870 for tenant improvement, (y) $81,336 for landlord work reserve, (z) $93,739 for leasing commissions) Springing
13 (26) Loan West Town Mall $0 NAP $0
14   Loan Wal-Mart Central $193,742 Outstanding TI Reserve ($133,375); Free Rent Reserve ($30,640); Estoppel Payment Reserve ($29,726.91) Springing
15 (26) Loan Acropolis Garden $1,651,824 Common Charges Reserve Springing
16 (26) Loan Bob Evans $0 NAP Springing
16.01   Property Property 6      
16.02   Property Property 8      
16.03   Property Property 9      
16.04   Property Property 2      
16.05   Property Property 10      
16.06   Property Property 15      
16.07   Property Property 13      
16.08   Property Property 5      
16.09   Property Property 1      
16.10   Property Property 4      
16.11   Property Property 11      
16.12   Property Property 20      
16.13   Property Property 14      
16.14   Property Property 7      
16.15   Property Property 21      
16.16   Property Property 3      
16.17   Property Property 16      
16.18   Property Property 18      
16.19   Property Property 23      
16.20   Property Property 19      
16.21   Property Property 17      
16.22   Property Property 22      
16.23   Property Property 12      
17   Loan Sheraton Garden Grove $1,160,000 PIP Reserve ($1,050,000); Seasonality Reserve ($110,000) $25,000
18   Loan Carolina Hotel Portfolio $5,149,037 PIP Reserve ($5,115,704); Seasonality Reserve ($33,333) Springing
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.      
18.02   Property Fairfield Inn Charlotte Northlake      
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area      
18.04   Property Comfort Suites Gastonia      
18.05   Property Fairfield Inn Myrtle Beach North      
19   Loan Keystone 200 & 300 $602,427 Free Rent Reserve ($547,844); Ground Rent Reserve ($54,583) $54,583
19.01   Property Keystone 300      
19.02   Property Keystone 200      
20   Loan Apex Fort Washington $6,693,098 Concessions Reserve ($2,736,408); Outstanding TI/LC Reserve ($2,206,689); AstraZeneca TI/LC Reserve ($1,750,000) Springing
21   Loan Whitehall Place Apartments $0 NAP $0
22 (26) Loan Tenalok Portfolio $0 NAP Springing
22.01   Property Frayser Village      
22.02   Property Bartlesville Plaza      
22.03   Property Three Notch Plaza      
22.04   Property Frayser Center      
23 (26) Loan IC Leased Fee Hotel Portfolio $2,802,940 PIP Reserve Springing
23.01   Property Radisson Paper Valley      
23.02   Property City Place Downtown St. Louis      
23.03   Property Radisson Albany      
23.04   Property Radisson Cromwell      
23.05   Property Radisson Cheyenne      
23.06   Property Radisson High Point      
23.07   Property Radisson Billings      
24   Loan Comfort Suites Arlington $1,054,791 PIP Reserve Springing
25 (26) Loan Central Avenue Hotels $25,000 Seasonal Reserve Springing
25.01   Property La Quinta Inn & Suites      
25.02   Property Country Inn & Suites      
25.03   Property Quality Inn & Suites      
25.04   Property Econo Lodge Inn & Suites      
26   Loan Springhill Suites - Vero Beach FL $1,030,000 Seasonality Reserve ($150,000); PIP Reserve ($880,000) Springing
27   Loan Quality Inn Biloxi $200,000 Seasonal Reserve Springing
28   Loan Aston Plaza $0 NAP $0
29   Loan AT&T Lincolnwood $28,350 TI Reserve Springing
30   Loan Petco Bloomingdale $5,000 Immaterial Property Management Code Violation Cure Reserve $0
31   Loan Panera Bread Schererville $0 NAP Springing

 

A-1-11

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
         
        MORTGAGE LOAN RESERVE INFORMATION(21)(22)
Loan ID Footnotes Property
Flag 
Deal Name Ongoing Other Reserves Description
1   Loan Park Center Phase I NAP
2   Loan Westin Building Exchange Leasing Reserve: Borrower shall deposit with Lender on each Monthly Payment Date occurring during the continuance of a Cash Trap Event Period an amount equal to the quotient of (a) the product of (i) $5.00 per annum and (ii) the rentable square footage of all vacant space at the Property (exclusive of the WBX Datacenter Space) as reasonably determined by Lender as of the commencement of the Cash Trap Event Period and (b) twelve (12). 
3   Loan Two Independence Square NAP
3 - CS     Two Independence Square - CS  
3 - NXS     Two Independence Square - Natixis  
4 (26) Loan 245 Park Avenue NAP
5   Loan The Boulders Resort & Spa Seasonality Reserve: Commencing on the Payment Date occurring in February, 2018 and on each Payment Date thereafter which occurs during a Seasonality Trigger Period (the period commencing with the Payment Date occurring in February of each calendar year), all Excess Cash Flow, to be used for anticipated payments of shortfalls in Debt Service and other amounts due to Lender under the Loan Documents.
6 (26) Loan Hilton Glendale NAP
7   Loan 85 Broad Street Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.
8   Loan Allergan HQ Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.
9   Loan JW Marriott Chicago Seasonal Reserve: Monthly deposit of $500,000 on each payment date occurring during the period between May and December, inclusive
10   Loan 300 Montgomery NAP
11 (26) Loan Center 78 Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.
12   Loan The Manhattan Tenant Cash Trap Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Tenant Cash Trap Period.
13 (26) Loan West Town Mall NAP
14   Loan Wal-Mart Central Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.
15 (26) Loan Acropolis Garden Common Charge Reserve: Borrower shall deposit an amount equal to the Common Charges that will be payable for the month in which such Payment Date occurs.
16 (26) Loan Bob Evans Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.
16.01   Property Property 6  
16.02   Property Property 8  
16.03   Property Property 9  
16.04   Property Property 2  
16.05   Property Property 10  
16.06   Property Property 15  
16.07   Property Property 13  
16.08   Property Property 5  
16.09   Property Property 1  
16.10   Property Property 4  
16.11   Property Property 11  
16.12   Property Property 20  
16.13   Property Property 14  
16.14   Property Property 7  
16.15   Property Property 21  
16.16   Property Property 3  
16.17   Property Property 16  
16.18   Property Property 18  
16.19   Property Property 23  
16.20   Property Property 19  
16.21   Property Property 17  
16.22   Property Property 22  
16.23   Property Property 12  
17   Loan Sheraton Garden Grove Seasonality Reserve: On each Payment Date occurring in March, April, June, July, August, September and October, Borrower shall pay to Lender the Monthly Seasonality Deposit ($25,000) for deposit into the Seasonality Reserve Account
18   Loan Carolina Hotel Portfolio Seasonality Reserve: Lender will escrow $33,333 upfront and $33,333 in the months of August and September in Year 1.  From Year 2 through maturity, Lender will collect $33,333 in months May, June, and July.  PIP Reserve: Following the occurrence of a Franchise Sweep Event, borrower shall deposit with Lender all excess cash flow into the PIP reserve account.
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.  
18.02   Property Fairfield Inn Charlotte Northlake  
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area  
18.04   Property Comfort Suites Gastonia  
18.05   Property Fairfield Inn Myrtle Beach North  
19   Loan Keystone 200 & 300 Lease Sweep Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a cash sweep period that exists solely due to the continuance of a specified tenant sweep period.; Ground Rent Reserve ($54,583)
19.01   Property Keystone 300  
19.02   Property Keystone 200  
20   Loan Apex Fort Washington Lease Sweep Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a cash sweep period that exists solely due to the continuance of a specified tenant sweep period.
21   Loan Whitehall Place Apartments NAP
22 (26) Loan Tenalok Portfolio Lease Sweep Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a cash sweep period that exists solely due to the continuance of a specified tenant sweep period.
22.01   Property Frayser Village  
22.02   Property Bartlesville Plaza  
22.03   Property Three Notch Plaza  
22.04   Property Frayser Center  
23 (26) Loan IC Leased Fee Hotel Portfolio Seasonal Reserve: Upon the occurrence of the PIP Completion Event, Borrower shall pay to Lender on each Payment Date occurring during the period between March and December, inclusive an amount equal to $83,000.00
23.01   Property Radisson Paper Valley  
23.02   Property City Place Downtown St. Louis  
23.03   Property Radisson Albany  
23.04   Property Radisson Cromwell  
23.05   Property Radisson Cheyenne  
23.06   Property Radisson High Point  
23.07   Property Radisson Billings  
24   Loan Comfort Suites Arlington PIP Reserve: (i) if on or after December 31, 2020 the FF&E reserve funds together with the PIP Reserve Fund are less than 125.0% of the estimated costs required to complete the remaining scheduled PIP, the borrower shall make a deposit into the PIP account in an amount sufficient to increase the sum of the PIP Reserve with respect to the scheduled PIP plus FF&E reserve to 125.0% of the estimated costs to complete the remaining scheduled PIP, (ii) on the date that a new PIP is required by the franchise agreement, an amount equal to 125.0% of the estimated costs to pay for the new PIP less the amount reserve in the FF&E reserve that are not allocated for completion of FF&E Work. 
25 (26) Loan Central Avenue Hotels Seasonal Reserve: Monthly: $50,000 on each payment date in the month of March, June and July of each year capped at $200,000 and commencing upon the reserve reaching $100,000. Property Improvement Plan Reserve: If any franchise agreement requires any repairs or improvements to the property (excluding Immediate Property Improvement Repairs), borrower shall deposit 125% of the estimated cost. Franchise Reserve: if Franchise Cash Sweep Event occurs, borrower show deposit all Available Cash on each payment date thereafter.
25.01   Property La Quinta Inn & Suites  
25.02   Property Country Inn & Suites  
25.03   Property Quality Inn & Suites  
25.04   Property Econo Lodge Inn & Suites  
26   Loan Springhill Suites - Vero Beach FL Seasonality Reserve: Borrower shall replenish the Seasonality Reserve with monthly deposits on each Payment Date occurring in October, January, February, March, April, and May of each calendar year, in an amount equal to all Excess Cash Flow
27   Loan Quality Inn Biloxi Seasonal Reserve (To the extent the balance in the Seasonal Reserve subaccount is less than $200,000: $25,000 on each payment date occurring on April, $30,000 on each payment date occurring on June, $55,000 on each payment date occurring on July and August, $15,000 on each payment date on October, $22,000 on each payment date on November); Franchise Expiration Reserve (Monthly deposit of excess cash flow upon the occurrence and continuance of a Franchise Expiration Trigger Event)
28   Loan Aston Plaza NAP
29   Loan AT&T Lincolnwood Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.
30   Loan Petco Bloomingdale NAP
31   Loan Panera Bread Schererville Primary Tenant Reserve: Monthly deposit of excess cash flow upon the occurrence and continuance of a Primary Tenant Sweep Period.

 

A-1-12

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS        
                   
        MORTGAGE LOAN RESERVE INFORMATION(21)(22)          
Loan ID Footnotes Property
Flag 
Deal Name Other Reserves Cap Holdback Holdback Amount Holdback Description Letter of Credit Letter of Credit Description
1   Loan Park Center Phase I NAP No NAP NAP No NAP
2   Loan Westin Building Exchange An amount equal to the product of (i) twenty-four (24) and (ii) an amount equal to the quotient of (a) the product of (i) $5.00 per annum and (ii) the rentable square footage of all vacant space at the Property (exclusive of the WBX Datacenter Space) as reasonably determined by Lender as of the commencement of the Cash Trap Event Period and (b) twelve (12) No NAP NAP No NAP
3   Loan Two Independence Square NAP No NAP NAP No NAP
3 - CS     Two Independence Square - CS            
3 - NXS     Two Independence Square - Natixis            
4 (26) Loan 245 Park Avenue NAP No NAP NAP No NAP
5   Loan The Boulders Resort & Spa An amount equal to the product of (a) the sum of the absolute value of each monthly shortfall in Net Cash Flow, less Debt Service due for each such calendar month over the trailing twelve (12) month period, to be calculated by Lender in its reasonable discretion as of the end of each calendar year and (b) one hundred and five percent (105%). No NAP NAP No NAP
6 (26) Loan Hilton Glendale NAP No NAP NAP No NAP
7   Loan 85 Broad Street NAP No NAP NAP No NAP
8   Loan Allergan HQ NAP No NAP NAP No NAP
9   Loan JW Marriott Chicago NAP No NAP NAP No NAP
10   Loan 300 Montgomery NAP No NAP NAP No NAP
11 (26) Loan Center 78 NAP No NAP NAP No NAP
12   Loan The Manhattan NAP No NAP NAP No NAP
13 (26) Loan West Town Mall NAP No NAP NAP No NAP
14   Loan Wal-Mart Central NAP No NAP NAP No NAP
15 (26) Loan Acropolis Garden NAP No NAP NAP No NAP
16 (26) Loan Bob Evans NAP No NAP NAP No NAP
16.01   Property Property 6            
16.02   Property Property 8            
16.03   Property Property 9            
16.04   Property Property 2            
16.05   Property Property 10            
16.06   Property Property 15            
16.07   Property Property 13            
16.08   Property Property 5            
16.09   Property Property 1            
16.10   Property Property 4            
16.11   Property Property 11            
16.12   Property Property 20            
16.13   Property Property 14            
16.14   Property Property 7            
16.15   Property Property 21            
16.16   Property Property 3            
16.17   Property Property 16            
16.18   Property Property 18            
16.19   Property Property 23            
16.20   Property Property 19            
16.21   Property Property 17            
16.22   Property Property 22            
16.23   Property Property 12            
17   Loan Sheraton Garden Grove Seasonality Reserve ($225,000) No NAP NAP No NAP
18   Loan Carolina Hotel Portfolio Seasonality Reserve: ($100,000) No NAP NAP No NAP
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.            
18.02   Property Fairfield Inn Charlotte Northlake            
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area            
18.04   Property Comfort Suites Gastonia            
18.05   Property Fairfield Inn Myrtle Beach North            
19   Loan Keystone 200 & 300 NAP No NAP NAP No NAP
19.01   Property Keystone 300            
19.02   Property Keystone 200            
20   Loan Apex Fort Washington NAP No NAP NAP No NAP
21   Loan Whitehall Place Apartments NAP No NAP NAP No NAP
22 (26) Loan Tenalok Portfolio NAP No NAP NAP No NAP
22.01   Property Frayser Village            
22.02   Property Bartlesville Plaza            
22.03   Property Three Notch Plaza            
22.04   Property Frayser Center            
23 (26) Loan IC Leased Fee Hotel Portfolio NAP No NAP NAP No NAP
23.01   Property Radisson Paper Valley            
23.02   Property City Place Downtown St. Louis            
23.03   Property Radisson Albany            
23.04   Property Radisson Cromwell            
23.05   Property Radisson Cheyenne            
23.06   Property Radisson High Point            
23.07   Property Radisson Billings            
24   Loan Comfort Suites Arlington NAP No NAP NAP No NAP
25 (26) Loan Central Avenue Hotels $200,000 No NAP NAP No NAP
25.01   Property La Quinta Inn & Suites            
25.02   Property Country Inn & Suites            
25.03   Property Quality Inn & Suites            
25.04   Property Econo Lodge Inn & Suites            
26   Loan Springhill Suites - Vero Beach FL Seasonality Reserve ($150,000) No NAP NAP No NAP
27   Loan Quality Inn Biloxi NAP No NAP NAP No NAP
28   Loan Aston Plaza NAP No NAP NAP No NAP
29   Loan AT&T Lincolnwood NAP No NAP NAP No NAP
30   Loan Petco Bloomingdale NAP No NAP NAP No NAP
31   Loan Panera Bread Schererville NAP No NAP NAP No NAP

 

A-1-13

 

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS        
                         
        THIRD PARTY REPORTS       ADDITIONAL PERMITTED DEBT(25)
Loan ID Footnotes Property
Flag 
Deal Name Appraisal
Report Date 
Environmental
Phase I
Report Date 
Phase II Performed(24) Engineering
Report Date 
Seismic
Zone
(Y/N)
Seismic
Report Date
PML %   Additional Future Debt Permitted
1   Loan Park Center Phase I 6/26/2017 7/21/2017 No 6/1/2017 N NAP NAP   No
2   Loan Westin Building Exchange 5/23/2017 5/31/2017 No 5/31/2017 Y 5/31/2017 13.0% (Tower); 19.0% (Parking Garage)   No
3   Loan Two Independence Square 1/5/2017 1/5/2017 No 1/5/2017 N 1/5/2017 5.0%   No
3 - CS     Two Independence Square - CS                  
3 - NXS     Two Independence Square - Natixis                  
4 (26) Loan 245 Park Avenue 4/1/2017 4/19/2017 No 4/20/2017 N NAP NAP   No
5   Loan The Boulders Resort & Spa 7/6/2017 7/11/2017 No 7/11/2017 N NAP NAP   No
6 (26) Loan Hilton Glendale 6/20/2017 6/27/2017 No 6/27/2017 Y 6/26/2017 12.0%   No
7   Loan 85 Broad Street 4/30/2017 5/16/2017 No 5/22/2017 N NAP NAP   Yes
8   Loan Allergan HQ 7/1/2018 10/13/2016 No 11/10/2016 N NAP NAP   No
9   Loan JW Marriott Chicago 5/2/2017 5/12/2017 No 5/12/2017 N NAP NAP   No
10   Loan 300 Montgomery 5/24/2017 5/31/2017 No 5/31/2017 Y 5/26/2017 21.0%   Yes
11 (26) Loan Center 78 6/1/2017 6/22/2017 No 6/23/2017 N NAP NAP   No
12   Loan The Manhattan 8/1/2018 7/11/2017 No 7/10/2017 N NAP NAP   No
13 (26) Loan West Town Mall 5/24/2017 6/7/2017 No 6/7/2017 N NAP NAP   Yes
14   Loan Wal-Mart Central 5/18/2017 5/17/2017 No 5/18/2017 Y 5/18/2017 7.0%   No
15 (26) Loan Acropolis Garden 2/16/2017 2/23/2017 No 2/22/2017 N NAP NAP   No
16 (26) Loan Bob Evans 5/19/2017 6/1/2017 No 4/21/2017 N NAP NAP   No
16.01   Property Property 6 6/4/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.02   Property Property 8 5/19/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.03   Property Property 9 6/6/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.04   Property Property 2 6/6/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.05   Property Property 10 6/1/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.06   Property Property 15 6/6/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.07   Property Property 13 5/19/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.08   Property Property 5 6/6/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.09   Property Property 1 6/4/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.10   Property Property 4 6/6/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.11   Property Property 11 5/20/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.12   Property Property 20 5/16/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.13   Property Property 14 5/20/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.14   Property Property 7 6/6/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.15   Property Property 21 5/19/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.16   Property Property 3 5/19/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.17   Property Property 16 6/1/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.18   Property Property 18 5/20/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.19   Property Property 23 5/20/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.20   Property Property 19 5/20/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.21   Property Property 17 6/1/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.22   Property Property 22 5/20/2017 6/1/2017 No 4/21/2017 N NAP NAP    
16.23   Property Property 12 5/19/2017 6/1/2017 No 4/21/2017 N NAP NAP    
17   Loan Sheraton Garden Grove 5/8/2017 5/17/2017 No 5/9/2017 Y 5/10/2017 9.0%   No
18   Loan Carolina Hotel Portfolio Various Various No  Various N NAP NAP   No
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr. 5/7/2017 4/5/2017 No 4/5/2017 N NAP NAP    
18.02   Property Fairfield Inn Charlotte Northlake 5/5/2017 4/5/2017 No 4/5/2017 N NAP NAP    
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area 5/8/2017 4/6/2017 No 4/6/2017 N NAP NAP    
18.04   Property Comfort Suites Gastonia 5/5/2017 4/5/2017 No 4/6/2017 N NAP NAP    
18.05   Property Fairfield Inn Myrtle Beach North 5/7/2017 4/5/2017 No 4/5/2017 N NAP NAP    
19   Loan Keystone 200 & 300 2/17/2017 2/3/2017 No 2/3/2017 N NAP NAP   No
19.01   Property Keystone 300 2/17/2017 2/3/2017 No 2/3/2017 N NAP NAP    
19.02   Property Keystone 200 2/17/2017 2/3/2017 No 2/3/2017 N NAP NAP    
20   Loan Apex Fort Washington 1/1/2018 12/14/2016 No 12/14/2016 N NAP NAP   No
21   Loan Whitehall Place Apartments 3/29/2017 4/7/2017 No 4/7/2017 N NAP NAP   No
22 (26) Loan Tenalok Portfolio Various Various No 9/29/2016 Various Various Various   No
22.01   Property Frayser Village 9/19/2016 9/30/2016 No 9/29/2016 Y 9/29/2016 9.0%    
22.02   Property Bartlesville Plaza 9/25/2016 9/29/2016 No 9/29/2016 N NAP NAP    
22.03   Property Three Notch Plaza 9/22/2016 9/29/2016 No 9/29/2016 N NAP NAP    
22.04   Property Frayser Center 9/19/2016 9/29/2016 No 9/29/2016 Y 9/29/2016 10.0%    
23 (26) Loan IC Leased Fee Hotel Portfolio Various 4/4/2017 No Various N NAP NAP   No
23.01   Property Radisson Paper Valley 3/27/2017 4/4/2017 No 4/4/2017 N NAP NAP    
23.02   Property City Place Downtown St. Louis 3/28/2017 4/4/2017 No 4/4/2017 N NAP NAP    
23.03   Property Radisson Albany 3/22/2017 4/4/2017 No 4/4/2017 N NAP NAP    
23.04   Property Radisson Cromwell 3/23/2017 4/4/2017 No 4/4/2017 N NAP NAP    
23.05   Property Radisson Cheyenne 4/4/2017 4/4/2017 No 4/4/2017 N NAP NAP    
23.06   Property Radisson High Point 3/31/2017 4/4/2017 No 4/6/2017 N NAP NAP    
23.07   Property Radisson Billings 4/5/2017 4/4/2017 No 4/4/2017 N NAP NAP    
24   Loan Comfort Suites Arlington 6/23/2017 7/11/2017 No 7/12/2017 N NAP NAP   No
25 (26) Loan Central Avenue Hotels 12/20/2016 Various No Various N NAP NAP   No
25.01   Property La Quinta Inn & Suites 12/20/2016 1/23/2017 No 1/23/2017 N NAP NAP    
25.02   Property Country Inn & Suites 12/20/2016 1/24/2017 No 1/24/2017 N NAP NAP    
25.03   Property Quality Inn & Suites 12/20/2016 1/20/2017 No 1/20/2017 N NAP NAP    
25.04   Property Econo Lodge Inn & Suites 12/20/2016 1/19/2017 No 1/19/2017 N NAP NAP    
26   Loan Springhill Suites - Vero Beach FL 8/1/2017 8/11/2017 No 8/11/2017 N NAP NAP   No
27   Loan Quality Inn Biloxi 5/11/2017 6/20/2017 No 6/20/2017 N NAP NAP   No
28   Loan Aston Plaza 6/28/2017 7/10/2017 Yes 7/10/2017 N NAP NAP   No
29   Loan AT&T Lincolnwood 6/30/2017 7/7/2017 No 7/7/2017 N NAP NAP   No
30   Loan Petco Bloomingdale 7/27/2016 8/4/2016 No 8/4/2016 N NAP NAP   No
31   Loan Panera Bread Schererville 7/1/2017 7/7/2017 No 7/7/2017 N NAP NAP   No

 

A-1-14

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
             
        ADDITIONAL PERMITTED DEBT(25)   TOTAL MORTGAGE DEBT INFORMATION
Loan ID Footnotes Property
Flag 
Deal Name Additional Future Debt Permitted Description   Cut-off Date
Pari Passu Mortgage
Debt Balance
1   Loan Park Center Phase I NAP   $158,000,000
2   Loan Westin Building Exchange NAP   $135,000,000
3   Loan Two Independence Square NAP   $164,000,000
3 - CS     Two Independence Square - CS      
3 - NXS     Two Independence Square - Natixis      
4 (26) Loan 245 Park Avenue NAP   $1,080,000,000
5   Loan The Boulders Resort & Spa NAP   $73,000,000
6 (26) Loan Hilton Glendale NAP   NAP
7   Loan 85 Broad Street Mezzanine debt permitted subject to the following conditions, among others, (i) LTV equal to or less than 55.0%; (ii) DSCR equal to or greater than 1.75x; (iii) DY equal to or greater than 6.6%; (iv) Intercreditor agreement; and (v) Rating Agency Confirmation   $169,000,000
8   Loan Allergan HQ NAP   NAP
9   Loan JW Marriott Chicago NAP   $79,300,000
10   Loan 300 Montgomery Future mezzanine debt permitted subject to: (i) no event of default; (ii) maximum combined LTV of 80.0%; (iii) minimum combined Underwritten Debt Service Coverage Ratio of 1.50x; (iv) Intercreditor Agreement required; and (v) Rating Agency confirmation   $66,000,000
11 (26) Loan Center 78 NAP   $63,863,277
12   Loan The Manhattan NAP   NAP
13 (26) Loan West Town Mall Subject to Lender’s approval, Borrower shall be permitted to enter into a PACE Loan for an amount not to exceed $5,000,000.00   $123,900,000
14   Loan Wal-Mart Central NAP   NAP
15 (26) Loan Acropolis Garden NAP   $45,000,000
16 (26) Loan Bob Evans NAP   NAP
16.01   Property Property 6      
16.02   Property Property 8      
16.03   Property Property 9      
16.04   Property Property 2      
16.05   Property Property 10      
16.06   Property Property 15      
16.07   Property Property 13      
16.08   Property Property 5      
16.09   Property Property 1      
16.10   Property Property 4      
16.11   Property Property 11      
16.12   Property Property 20      
16.13   Property Property 14      
16.14   Property Property 7      
16.15   Property Property 21      
16.16   Property Property 3      
16.17   Property Property 16      
16.18   Property Property 18      
16.19   Property Property 23      
16.20   Property Property 19      
16.21   Property Property 17      
16.22   Property Property 22      
16.23   Property Property 12      
17   Loan Sheraton Garden Grove NAP   NAP
18   Loan Carolina Hotel Portfolio NAP   $36,500,000
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.      
18.02   Property Fairfield Inn Charlotte Northlake      
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area      
18.04   Property Comfort Suites Gastonia      
18.05   Property Fairfield Inn Myrtle Beach North      
19   Loan Keystone 200 & 300 NAP   NAP
19.01   Property Keystone 300      
19.02   Property Keystone 200      
20   Loan Apex Fort Washington NAP   $54,500,000
21   Loan Whitehall Place Apartments NAP   NAP
22 (26) Loan Tenalok Portfolio NAP   NAP
22.01   Property Frayser Village      
22.02   Property Bartlesville Plaza      
22.03   Property Three Notch Plaza      
22.04   Property Frayser Center      
23 (26) Loan IC Leased Fee Hotel Portfolio NAP   $62,465,000
23.01   Property Radisson Paper Valley      
23.02   Property City Place Downtown St. Louis      
23.03   Property Radisson Albany      
23.04   Property Radisson Cromwell      
23.05   Property Radisson Cheyenne      
23.06   Property Radisson High Point      
23.07   Property Radisson Billings      
24   Loan Comfort Suites Arlington NAP   NAP
25 (26) Loan Central Avenue Hotels NAP   NAP
25.01   Property La Quinta Inn & Suites      
25.02   Property Country Inn & Suites      
25.03   Property Quality Inn & Suites      
25.04   Property Econo Lodge Inn & Suites      
26   Loan Springhill Suites - Vero Beach FL NAP   NAP
27   Loan Quality Inn Biloxi NAP   NAP
28   Loan Aston Plaza NAP   NAP
29   Loan AT&T Lincolnwood NAP   NAP
30   Loan Petco Bloomingdale NAP   NAP
31   Loan Panera Bread Schererville NAP   NAP

 

A-1-15

 

 

ANNEX A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS            
                         
        TOTAL MORTGAGE DEBT INFORMATION  TOTAL DEBT INFORMATION
Loan ID Footnotes Property
Flag 
Deal Name Cut-off Date
Subord. Mortgage
Debt Balance
Total Mortgage
Debt Cut-off
Date LTV Ratio
Total Mortgage
Debt UW NCF DSCR
Total Mortgage
Debt UW NOI Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date
LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
1   Loan Park Center Phase I   51.4% 3.17x 10.8%     51.4% 3.17x 10.8%
2   Loan Westin Building Exchange   26.6% 7.20x 24.7%     26.6% 7.20x 24.7%
3   Loan Two Independence Square $61,700,000 60.2% 2.76x 9.1%     60.2% 2.76x 9.1%
3 - CS     Two Independence Square - CS                  
3 - NXS     Two Independence Square - Natixis                  
4 (26) Loan 245 Park Avenue $120,000,000 80.0% 1.42x 6.5%   $568,000,000 80.0% 1.42x 6.5%
5   Loan The Boulders Resort & Spa   56.0% 1.61x 13.2%     56.0% 1.61x 13.2%
6 (26) Loan Hilton Glendale   70.4% 1.54x 12.2%   $5,244,895 70.4% 1.54x 12.2%
7   Loan 85 Broad Street $189,600,000 55.0% 1.75x 7.2%     55.0% 1.75x 7.2%
8   Loan Allergan HQ $50,000,000 66.9% 1.01x 7.6%   $20,000,000 66.9% 1.01x 7.6%
9   Loan JW Marriott Chicago $124,200,000 72.9% 1.26x 7.9%   $66,500,000 72.9% 1.26x 7.9%
10   Loan 300 Montgomery   55.2% 2.56x 9.6%     55.2% 2.56x 9.6%
11 (26) Loan Center 78 $4,936,723 85.1% 1.08x 7.9%   $11,900,000 85.1% 1.08x 7.9%
12   Loan The Manhattan   62.4% 1.75x 8.2%     62.4% 1.75x 8.2%
13 (26) Loan West Town Mall $86,100,000 56.0% 1.67x 10.8%     56.0% 1.67x 10.8%
14   Loan Wal-Mart Central   74.3% 1.52x 9.9%     74.3% 1.52x 9.9%
15 (26) Loan Acropolis Garden $1 25.4% 5.31x 20.4%     25.4% 5.31x 20.4%
16 (26) Loan Bob Evans   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.01   Property Property 6   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.02   Property Property 8   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.03   Property Property 9   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.04   Property Property 2   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.05   Property Property 10   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.06   Property Property 15   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.07   Property Property 13   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.08   Property Property 5   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.09   Property Property 1   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.10   Property Property 4   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.11   Property Property 11   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.12   Property Property 20   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.13   Property Property 14   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.14   Property Property 7   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.15   Property Property 21   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.16   Property Property 3   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.17   Property Property 16   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.18   Property Property 18   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.19   Property Property 23   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.20   Property Property 19   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.21   Property Property 17   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.22   Property Property 22   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
16.23   Property Property 12   49.5% 2.12x 13.1%     49.5% 2.12x 13.1%
17   Loan Sheraton Garden Grove   54.6% 1.61x 12.5%     54.6% 1.61x 12.5%
18   Loan Carolina Hotel Portfolio $8,230,000 80.8% 1.36x 12.7%     80.8% 1.36x 12.7%
18.01   Property Holiday Inn Express & Suites Wilmington-University Ctr.   80.8% 1.36x 12.7%     80.8% 1.36x 12.7%
18.02   Property Fairfield Inn Charlotte Northlake   80.8% 1.36x 12.7%     80.8% 1.36x 12.7%
18.03   Property Holiday Inn Express & Suites Goldsboro Base Area   80.8% 1.36x 12.7%     80.8% 1.36x 12.7%
18.04   Property Comfort Suites Gastonia   80.8% 1.36x 12.7%     80.8% 1.36x 12.7%
18.05   Property Fairfield Inn Myrtle Beach North   80.8% 1.36x 12.7%     80.8% 1.36x 12.7%
19   Loan Keystone 200 & 300   60.6% 1.77x 13.0%     60.6% 1.77x 13.0%
19.01   Property Keystone 300   60.6% 1.77x 13.0%     60.6% 1.77x 13.0%
19.02   Property Keystone 200   60.6% 1.77x 13.0%     60.6% 1.77x 13.0%
20   Loan Apex Fort Washington   64.4% 1.41x 10.6%     64.4% 1.41x 10.6%
21   Loan Whitehall Place Apartments   54.5% 1.46x 11.4%     54.5% 1.46x 11.4%
22 (26) Loan Tenalok Portfolio   65.5% 1.20x 10.4%   $4,948,245 65.5% 1.20x 10.4%
22.01   Property Frayser Village   65.5% 1.20x 10.4%     65.5% 1.20x 10.4%
22.02   Property Bartlesville Plaza   65.5% 1.20x 10.4%     65.5% 1.20x 10.4%
22.03   Property Three Notch Plaza   65.5% 1.20x 10.4%     65.5% 1.20x 10.4%
22.04   Property Frayser Center   65.5% 1.20x 10.4%     65.5% 1.20x 10.4%
23 (26) Loan IC Leased Fee Hotel Portfolio   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.01   Property Radisson Paper Valley   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.02   Property City Place Downtown St. Louis   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.03   Property Radisson Albany   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.04   Property Radisson Cromwell   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.05   Property Radisson Cheyenne   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.06   Property Radisson High Point   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
23.07   Property Radisson Billings   73.2% 1.67x 8.5%     73.2% 1.67x 8.5%
24   Loan Comfort Suites Arlington   65.2% 1.78x 12.8%     65.2% 1.78x 12.8%
25 (26) Loan Central Avenue Hotels   52.6% 1.69x 14.6%     52.6% 1.69x 14.6%
25.01   Property La Quinta Inn & Suites   52.6% 1.69x 14.6%     52.6% 1.69x 14.6%
25.02   Property Country Inn & Suites   52.6% 1.69x 14.6%     52.6% 1.69x 14.6%
25.03   Property Quality Inn & Suites   52.6% 1.69x 14.6%     52.6% 1.69x 14.6%
25.04   Property Econo Lodge Inn & Suites   52.6% 1.69x 14.6%     52.6% 1.69x 14.6%
26   Loan Springhill Suites - Vero Beach FL   62.0% 1.67x 13.2%     62.0% 1.67x 13.2%
27   Loan Quality Inn Biloxi   54.5% 1.72x 14.6%     54.5% 1.72x 14.6%
28   Loan Aston Plaza   46.4% 2.57x 17.4%     46.4% 2.57x 17.4%
29   Loan AT&T Lincolnwood   62.6% 1.44x 9.2%     62.6% 1.44x 9.2%
30   Loan Petco Bloomingdale   48.9% 1.83x 12.0%     48.9% 1.83x 12.0%
31   Loan Panera Bread Schererville   51.4% 1.57x 10.0%     51.4% 1.57x 10.0%

 

A-1-16

 

CSAIL 2017-CX9
FOOTNOTES TO ANNEX A-1
   
(1) “Column” denotes Column Financial, Inc. as Mortgage Loan Seller, “BSP” denotes Benefit Street Partners CRE Finance LLC as Mortgage Loan Seller, “Natixis” denotes Natixis Real Estate Capital LLC as Mortgage Loan Seller.
   
  With regards to Loan No. 3, Two Independence Square, the Two Independence Square Whole Loan (as defined below) was originated by Column and is expected to be sold into the CSAIL 2017-CX9 securitization trust by Column and Natixis.
   
(2) For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Current Balance ($), and Maturity Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation.
   
(3) With regards to Loan No. 1, Park Center Phase I, the mortgage loan is part of a $158.0 million whole loan (the “Park Center Phase I Whole Loan”), which is comprised of two pari passu component notes (Note A-1 and Note A-2). Note A-1 (the “Park Center Phase I Loan”), which has an outstanding principal balance as of the cut-off date of approximately $80.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2 has an outstanding principal balance as of the cut-off date of approximately $78.0 million and is held by Column. All loan level metrics are based on the Park Center Phase I Whole Loan balance.
   
  With regards to Loan No. 2, Westin Building Exchange, the mortgage loan is part of a $135.0 million whole loan (the “Westin Building Exchange Whole Loan”), which is comprised of two pari passu component notes (Note A-1 and Note A-2). Note A-1 has an outstanding principal balance as of the cut-off date of approximately $67.5 million and is held by Wells Fargo Bank, National Association. Note A-2 (the “Westin Building Exchange Loan”), which has an outstanding principal balance as of the cut-off date of approximately $67.5 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust.
   
  With regards to Loan No. 3, Two Independence Square, the mortgage loan is part of a $225.7 million whole loan (the “Two Independence Square Whole Loan”), which is comprised of four pari passu component notes (Note A-1, Note A-2, Note A-3-A, and Note A-3-B) and one subordinate companion loan (Note B). Note A-2 and Note A-3-B (collectively, the “Two Independence Square Loan”), which have an aggregate outstanding principal balance as of the cut-off date of approximately $55.0 million, are expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-1 and Note B have an aggregate outstanding principal balance as of the cut-off date of approximately $125.7 million and were contributed to the CSMC 2017-MOON Commercial Mortgage Trust. Note A-3-A has an outstanding principal balance as of the cut-off date of approximately $45.0 million and was contributed to WFCM 2017-C39 Commercial Mortgage Trust. All loan level metrics are based on the $164.0 million senior portion of the Two Independence Square Whole Loan.
   
  With regards to Loan No. 4, 245 Park Avenue, the mortgage loan is part of a $1.2 billion whole loan (the “245 Park Avenue Whole Loan”), which is comprised of 23 pari passu component notes (Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note A-2-A-1, Note A-2-A-2, Note A-2-A-3, Note A-2-A-4, Note A-2-B-1, Note A-2-B-2-A, Note A-2-B-2-B , Note A-2-B-3-A, Note A-2-B-3-B, Note A-2-B-3-C, Note A-2-C-1-A, Note A-2-C-1-B, Note A-2-C-2, Note A-2-D-1, Note A-2-D-2, Note A-2-D-3, Note A-2-E-1 and Note A-2-E-2) and five subordinate companion loans (Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5). Note A-2-B-2-A and Note A-2-B-3-B (the “245 Park Avenue Loan”), which have an aggregate outstanding principal balance as of the cut-off date of $54.0 million, are expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 have an aggregate outstanding principal balance as of the cut-off date of $500.0 million and were contributed to the 245 Park Avenue Trust 2017-245P. Note A-2-A-1 has an outstanding principal balance as of the cut-off date of $98.0 million and was contributed to the JPMCC 2017-JP6 Commercial Mortgage Trust. Note A-2-A-2 and Note A-2-C-1-A have an aggregate outstanding principal balance as of the cut-off date of $93.75 million and were contributed to the DBJPM 2017-C6 Commercial Mortgage Trust. Note A-2-E-1 has an outstanding principal balance as of the cut-off date of $55.0 million and was contributed to the WFCM 2017-C38 Commercial Mortgage Trust. Note A-2-B-3-A has an outstanding principal balance as of the cut-off date of $45.0 million and was contributed to the WFCM 2017-C39 Commercial Mortgage Trust. Note A-2-B-1 has an outstanding principal balance as of the cut-off date of $80.0 million and was contributed to the CSAIL 2017-C8 Commercial Mortgage Trust. Note A-2-D-1 has an outstanding principal balance as of the cut-off date of $32.0 million and was contributed to the UBS 2017-C2 Commercial Mortgage Trust. Note A-2-D-2 and Note A-2-D-3 have an aggregate outstanding principal balance as of the cut-off

 

A-1-17

 

 

  date of $38.0 million and were contributed to the UBS 2017-C3 Commercial Mortgage Trust. Note A-2-A-3 has an outstanding principal balance as of the cut-off date of $75.0 million and was contributed to the JPMCC 2017-JP7 Commercial Mortgage Trust. Note A-2-A-4, Note A-2-B-2-B, Note A-2-B-3-C, Note A-2-C-1-B, Note A-2-C-2, and Note A-2-E-2 have an aggregate outstanding principal balance as of cut-off date of $129.25 million and are held by JPMorgan Chase Bank, National Association, Natixis, Deutsche Bank AG, New York Branch and Barclays Bank PLC. All loan level metrics are based on the $1.08 billion senior portion of the 245 Park Avenue Whole Loan.
   
  With regards to Loan No. 5, The Boulders Resort & Spa, the mortgage loan is part of a $73.0 million whole loan (the “The Boulders Resort & Spa Whole Loan”), which is comprised of two pari passu component notes (Note A-1, Note A-2). Note A-1, which has an outstanding principal balance as of the cut-off date of approximately $50.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2 has an outstanding principal balance as of the cut-off date of approximately $23.0 million and is currently being held by Column Financial, Inc. All loan level metrics are based on The Boulders Resort & Spa Whole Loan balance.
   
  With regards to Loan No. 7, 85 Broad Street, the mortgage loan is part of a $358.6 million whole loan (the “85 Broad Street Whole Loan”), which is comprised of four pari passu component notes (Note A-A-1, Note A-A-2, Note A-A-3 and Note A-A-4) and three subordinate companion loans (Note A-B, Note B-A and Note B-B). Note A-A-3 (the “85 Broad Street Loan”), which has an outstanding balance as of the cut-off date of approximately $45.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-A-1 and Note A-A-2 have an aggregate outstanding principal balance as of the cut-off date of approximately $90.0 million and were contributed to the CSAIL 2017-C8 Commercial Mortgage Trust. Note A-B has an outstanding principal balance as of the cut-off date of approximately $72.0 million, which was contributed to CSAIL 2017-C8 Commercial Mortgage Trust, as the collateral for the non-pooled loan specific certificates. Note A-A-4 has an outstanding principal balance as of the cut-off date of approximately $34.0 million and was contributed to the UBS 2017-C2 Commercial Mortgage Trust. Note B-A and Note B-B, which have an aggregate outstanding principal balance as of the cut-off date of approximately $117.6 million, were sold to the unaffiliated third party investors. All loan level metrics are based on the $169.0 million senior portion of the 85 Broad Street Whole Loan.
   
  With regards to Loan No. 8, Allergan HQ, the mortgage loan is part of an approximately $95.0 million whole loan (the “Allergan HQ Whole Loan”), which is comprised of one senior note and one subordinate note. The senior note, which has an outstanding principal balance as of the cut-off date of $45.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. The subordinate note, which has an outstanding principal balance as of cut-off date of approximately $50.0 million, was sold to unaffiliated third party investors. All loan level metrics are based on the $45.0 million senior note of the Allergan HQ Whole Loan balance.
   
  With regards to Loan No. 9, JW Marriott Chicago, the mortgage loan is part of an approximately $203.5 million whole loan (the “JW Marriott Whole Loan”), which is comprised of three pari passu component notes (Note A-1, Note A-2 and Note A-3) and three subordinate companion loans (Note B-1-A, Note B-1-B and Note B-2). Note A-1 (the “JW Marriott Chicago Loan”), which has an outstanding principal balance as of the cut-off date of approximately $40.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2, which has an outstanding principal balance as of cut-off date of approximately $28.5 million, was contributed to the UBS 2017-C3 Commercial Mortgage Trust. Note A-3, which has an outstanding principal balance as of cut-off of approximately $10.8 million, is held by Natixis. Note B-1-A, Note B-1-B and Note B-2 were sold to unaffiliated third party investors. All loan level metrics are based on the $79.3 million senior portion of the JW Marriott Chicago Whole Loan balance.
   
  With regards to Loan No. 10, 300 Montgomery, the mortgage loan is part of an approximately $66.0 million whole loan (the “300 Montgomery Whole Loan”), which is comprised of two pari passu component notes (Note A-1 and Note A-2). Note A-1 (the “300 Montgomery Loan”), which has an outstanding principal balance as-of cut-off date of approximately $36.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2, which has an outstanding principal balance as of cut-off date of approximately $30.0 million, is held by Natixis. All loan level metrics are based on the $66.0 million 300 Montgomery Whole Loan.
   
  With regards to Loan No. 11, Center 78, the mortgage loan is part of an approximately $68.8 million whole loan (the “Center 78 Whole Loan”), which is comprised of two pari passu component notes (Note A-1 and Note A-2) and one subordinate companion loan (Note B). Note A-1 (the “Center 78 Loan”), which has an outstanding principal balance as of the cut-off date of $35,863,277, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2, which has an outstanding principal balance as of cut-off date of approximately $28.0 million, was contributed to the UBS 2017-C3 Commercial Mortgage Trust. Note B, which has an outstanding principal balance

 

A-1-18

 

 

  as of the cut-off date of $4,936,723, is held by Natixis and is expected to be sold to an unaffiliated third party investor. All loan level metrics are based on the $63,863,277 senior portion of the Center 78 Whole Loan.
   
  With regards to Loan No. 13, West Town Mall, the mortgage loan is part of a $123.9 million whole loan (the “West Town Mall Whole Loan”), which is comprised of four pari passu component notes (Note A-1-A, Note A-1-B, Note A-2-A, and Note A-2-B) and two subordinate companion loans (Note B-1 and Note B-2). Note A-2-B (the “West Town Mall Loan”), which has an outstanding principal balance as of the cut-off date of approximately $30.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2-A has an outstanding principal balance as of the cut-off date of approximately $30.0 million and was contributed to JPMCC 2017-JP7 Commercial Mortgage Trust. Note A-1-A, Note A-1-B, Note B-1 and Note B-2 have an aggregate outstanding principal balance as of the cut-off date of approximately $150.0 million and were contributed to WTOWN 2017-KNOX Commercial Mortgage Trust. All loan level metrics are based on the $123.9 million senior portion of the West Town Mall Whole Loan.
   
  With regards to Loan No. 15, Acropolis Garden, the mortgage loan is part of an approximately $45.0 million whole loan (the “Acropolis Garden Whole Loan”), which is comprised of two pari passu component notes (Note A-1 and Note A-2). Note A-1 (the “Acropolis Garden Loan”), which has an outstanding principal balance as of the cut-off date of approximately $25.0 million, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-2, which has an outstanding principal balance as of cut-off date of approximately $20.0 million, was contributed to the CSAIL 2017-C8 Commercial Mortgage Trust. All loan level metrics are based on the Acropolis Garden Whole Loan balance.
   
  With respect to Loan No. 18, Carolina Hotel Portfolio, the mortgage loan is part of a $36.5 million whole loan (the “Carolina Hotel Portfolio Whole Loan”) that is comprised of two pari passu component notes (Note A-1 and Note A-2). The controlling Note A-1, with an outstanding principal balance of $20.0 million as of the cut-off date, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. The non-controlling Note A-2, with an outstanding principal balance as of $16.5 million as of the cut-off date, was contributed to the JPMCC 2017-JP7 Commercial Mortgage Securities Trust 2017-JP7. All loan level metrics are based on the Carolina Hotel Portfolio Whole Loan balance.
   
  With respect to Loan No. 18, Carolina Hotel Portfolio, NCSC Hospitality Portfolio LLC, the sole member of the related borrowers, has issued $8,230,000 of preferred equity to affiliates of Keystone National Group, LLC with a preferred return of 12.5%. The preferred equity interest is redeemable by NCSC Hospitality Portfolio LLC on or after January 1, 2022 with the consent of the lender, and, if not voluntarily redeemed prior to July 7, 2024 (which date is after maturity of the mortgage loan) the preferred equity interest is mandatorily redeemable at the election of the preferred equity holder via exercise of a put option. Additionally, upon occurrence of a trigger event, as outlined in the loan documents, preferred distribution will increase to 18.0% before July 1, 2024 and on or after July 1, 2024, it will increase to 21.0%.
   
  With respect to Loan No. 20, Apex Fort Washington, the mortgage loan is part of a $54.5 million whole loan (the “Apex Fort Washington Whole Loan”) which is comprised of three pari passu component notes (Note A-1, Note A-2 and Note A-3). The controlling Note A-2, with an outstanding principal balance of $16.75 million as of the cut-off date, is expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-1, with an outstanding principal balance of $21.0 million as of the cut-off date, was contributed to the JPMCC Commercial Mortgage Securities Trust 2017-JP6. Note A-3, with an outstanding principal balance of $16.75 million as of the cut-off date, was contributed to the JPMCC Commercial Mortgage Securities Trust 2017-JP7 Trust. All loan level metrics are based on the Apex Fort Washington Whole Loan balance.
   
  With regards to Loan No. 23, IC Leased Fee Hotel Portfolio, the mortgage loan is part of an approximately $62.465 million whole loan (the “IC Leased Fee Hotel Portfolio Whole Loan”), which is comprised of four pari passu component notes (Note A-1, Note A-2, Note A-3 and Note A-4). Note A-2 and Note A-3 (collectively, the “IC Leased Fee Hotel Portfolio Loan”), which have an aggregate outstanding principal balance as of the cut-off date of approximately $11.465 million, are expected to be contributed to the CSAIL 2017-CX9 Commercial Mortgage Trust. Note A-1 has an outstanding principal balance as of cut-off date of approximately $24.0 million and was contributed to the UBS 2017-C2 Commercial Mortgage Trust. Note A-4 has an outstanding principal balance as of cut-off date of approximately $27.0 million and was contributed to the UBS 2017-C3 Commercial Mortgage Trust. All loan level metrics are based on the IC Leased Fee Hotel Portfolio Whole Loan balance.
   
(4) In certain cases, the principal / carveout guarantor name was shortened for spacing purposes.

 

A-1-19

 

 

(5) 5. With regards to Loan No. 13, West Town Mall, the Mortgaged Property is subject to a ground lease executed April 1, 1992 (the “Commencement Date”) that has an expiration date on April 30, 2042. During the lease term, the annual rental to be paid by the lessee to the lessor for the property shall be the sum of $3,000 per annum and the pro rata share of lessor’s receipted real estate tax bill which shall be equal to the product obtained by multiplying the amount of taxes of the lessor’s site attributable solely to land by a fraction, the numerator of which shall be the acreage of lessee’s site and the denominator of which shall be the total acreage of lessor’s site. The $3,000 shall be payable without demand in 12 equal successive monthly installments of $250 per month on or before the 15th day of each month in advance, beginning on the first day of the lease term.
   
  With respect to Loan No. 19, Keystone 200 & 300, the borrower has a leasehold interest in both Keystone 200 and Keystone 300. The two ground leases commenced on March 6, 2017 and are subject to 99-year terms, each expiring on March 5, 2116. For the first year, the combined ground rent on the two ground leases will be $655,000. From years two through thirty-five, the annual rent will increase 2.9% over the previous year. From year thirty-six through the end of the ground lease, the annual rent will increase 1.5% over the previous year.
   
  With regards to Loan No. 23, IC Leased Fee Hotel Portfolio, the whole loan is secured by the leased fee interest under seven hotels totaling 2,139,703 SF, and each is encumbered by a ground lease between the related borrower, as the ground lessor, and the related ground tenant. The borrowers are affiliates of the ground tenants. The improvements are not collateral for the mortgage loan other than the borrowers’ reversionary interest therein.
   
(6) With regards to Loan No. 1, Park Center Phase I, the 2nd Largest Tenant, Del Frisco’s, has not taken occupancy of approximately 10,090 SF of its space and is not currently paying its base rent. It is expected to take occupancy on June 1, 2018.
   
  With regards to Loan No. 4, 245 Park Avenue, the tenants identified as HNA Capital USA LLC (an affiliate of the loan sponsor) and MIO Partners, together, accounting for approximately 2.7% of the remeasured net rentable area, have executed leases but have not yet taken occupancy.
   
  With regards to Loan No. 7, 85 Broad Street, the 4th Largest Tenant, Vox Media, has rent abatement on its occupied space ending in January 2018, and a free rent reserve in an amount of $265,310 was reserved at the origination of the mortgage loan.
   
  With regards to Loan No. 8, Allergan HQ, the Largest Tenant, Allergan, has free rent on its space ending in June 2018, and a free rent reserve in an amount of $14,176,409 was reserved at the origination of the mortgage loan.
   
  With regards to Loan No. 12, The Manhattan, the 4th Largest Tenant, Compass Rose (Maydan), has free rent on its space ending in January 2018, and a free rent reserve in an amount of $75,590 was reserved at the origination of the mortgage loan. The 5th Largest Tenant, Downtown Fitness (Mint), has free rent on its space ending in November 2017, and a free rent reserve in an amount of $46,620 was reserved at the origination of the mortgage loan. The tenant identified as Ivy Wild Beauty, accounting for approximately of 0.9% the net rentable area, has free rent on its space ending in April 2018, and a free rent reserve in an amount of $29,400 was reserved at the origination of the mortgage loan.
   
  With regards to Loan No. 13, West Town Mall, the 4th Largest Tenant, Shoe Dept. Encore, has not taken occupancy of approximately 12,081 SF of its space and is not currently paying the base rent.
   
  With regards to Loan No. 14, Wal-Mart Central, The tenant identified as Rock-N-Fire, accounting for approximately of 2.2% the net rentable area, has free rent on its space ending in December 2017, and a free rent reserve in an amount of $30,640 was reserved at the origination of the mortgage loan.
   
  With respect to Loan No. 20, Apex Fort Washington, Occupancy%, UW Revenues ($), UW NOI ($) and UW NCF ($) includes two tenants, Citizens Bank of Pennsylvania (37,860 SF) and Connexin Software, Inc. (3,028 SF of existing space and 18,473 SF of expansion space) that have signed leases but have not yet taken occupancy or commenced paying rent. Citizens Bank of Pennsylvania is currently in occupancy and is required to commence paying rent in February 2018, Connexin Software, Inc. (i) as to its existing space is in occupancy and is required to commence paying rent in October 2017 and (ii) as to its expansion space, is expected to take occupancy in March 2018 and is required to commence paying rent in October 2018. Additionally, AstraZeneca Pharmaceuticals executed a sublease on its space to Softerware, Inc. on June 19, 2017. The sublease runs through August 2024. Two tenants, Veeva Systems Inc and Kellogg Sales Company have executed new leases at the property but have not taken occupancy or paying rent. Veeva Systems Inc executed a 91-month lease for 13,279 SF with estimated

 

A-1-20

 

 

  commencement of August 1, 2017 and one 7-year extension and Kellogg Sales Company executed a 75-month lease for 8,527 SF with estimated commencement of November 1, 2017 and one 7-year extension. Including these two leases, occupancy at the Apex Fort Washington property rises to 97.6%.
   
(7) With regards to Loan No. 8, Allergan HQ, the Appraisal Value represents the “Prospective Market Value As Stabilized” appraised value of $172.0 million, which includes the conditions that the proposed tenant improvements are constructed in a timely and workmanlike manner, and a new executed lease is in-place after free rent period. At the origination of the mortgage loan, a Tenant Improvement Allowance Reserve in an amount of $23,477,865 and an Allergan Free Rent Reserve in an amount of $14,176,409 were reserved. The “As-Is Market Value” is $142.0 million, and the Cut-Off Date LTV Ratio and Maturity Date LTV Ratio based on As-is Market Value are 31.7% and 31.7%, respectively.
   
  With regards to Loan No. 12, The Manhattan, the Appraisal Value represents the “Prospective Market Value Upon Stabilization” appraised value of $52.7 million, which includes the conditions that the proposed tenant improvements are constructed in a timely and workmanlike manner, and a new executed lease is in-place after free rent period. At the origination of the mortgage loan, an Outstanding TI/LC reserve in an amount of $693,945 and a Free Rent reserve in an amount of $162,062 were reserved. The “As-Is Market Value” is $49.8 million, and the Cut-Off Date LTV Ratio and Maturity Date LTV Ratio based on As-is Market Value are 66.0% and 66.0%, respectively.
   
  With regards to Loan No. 16, Bob Evans, the Appraised Value shown and used to calculate Cut-Off Date
  LTV Ratio and Maturity Date LTV Ratio are the portfolio level appraised value. The aggregation of each individual property’s appraised value is $51.125 million. The Cut-Off Date LTV Ratio and Maturity Date LTV Ratio based on the aggregation of each individual property’s appraised value are 46.8% and 43.0%, respectively.
   
  With respect to Loan No. 18, Carolina Hotel Portfolio, Appraised Value ($) represents a hypothetical “As-is” appraised value of $55,350,000, which assumes the completion of the related PIP as required under each franchise agreement for each of the mortgaged properties, with the exception of the Holiday Inn Express & Suites Goldsboro Base Area property, where the individual appraised value of $10,400,000 represents the “as-is” appraised value of that mortgaged property. The borrowers have reserved the full amount of the outstanding PIP costs at origination. The “as-is” appraised value of the portfolio as of May 2017 is $50,150,000, which results in a Current LTV% and Maturity LTV% of 72.8% and 64.6%, respectively.
   
  With respect to Loan No. 20, Apex Fort Washington, the Appraised Value ($) represents the “Prospective Value Upon Stabilization” appraised value of $84,600,000 with an anticipated date of January 1, 2018, which assumes the burn-off of approximately $4.5 million of lease-up costs (including tenant improvements, leasing commissions, free rent, rent loss and expense carry) associated with tenants already in place and which have been reserved for at loan closing and also includes the appraisal’s projections of property cash flows as of such date. At origination, the borrower was required to reserve $6,818,679 into the Upfront Other Reserve ($) for outstanding tenant improvements and leasing commissions and immediate repairs. The “as-is” value as of December 5, 2016 is $78.8 million, which results in a Current LTV% and Maturity LTV% of 69.2% and 60.3%, respectively.
   
  With respect to Loan No, 24, Comfort Suites Arlington, the Appraised Value ($) represents the “As Is – PIP Complete” appraised value of $14,800,000 as of June 23, 2017. This value assumes the PIP reserve is fully escrowed at closing and will be available as needed, to fund the planned capital expenditures required by the franchise agreement. At closing, $1,054,791 was deposited into the PIP reserve. The PIP is to be completed in two phases, with the first phase expected to be completed by December 31, 2019 for an estimated cost of $34,032 and the second phase expected to be completed by December 31, 2021 for an estimated cost of $1,029,291. The “As-Is” appraised value as of June 23, 2017 is $13,700,000, which results in a Current LTV% and Maturity LTV% of 70.4% and 57.9% respectively.
   
(8) For each mortgage loan, the excess of the related Interest Rate% over the related Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate, the Operating Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee%”).
   
(9) For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate% and (iii) 365/360.
   
(10) With regards to all mortgage loans, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12.

 

A-1-21

 

 

(11) The classification of the lockbox types is described in the Free Writing Prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details.
   
(12) Each letter identifies a group of related borrowers.
   
(13) The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the interest-only period during the term of the mortgage loan.
   
(14) The “L” component of the prepayment provision represents lockout payments.
  The “Def” component of the prepayment provision represents defeasance payments.
  The “YM1” component of the prepayment provision represents greater of 1% of principal balance or yield maintenance payments.
  The “O” component of the prepayment provision represents the free payments including the Maturity Date.
   
(15) With regards to Loan No. 14, Wal-Mart Central, at any time from and after the start-up date, the borrower may obtain a partial release of the release parcel subject to the following conditions, among others, in the loan agreement: (i) the purchaser of the release parcel is a third party entity not affiliated with the borrower; (ii) LTV after the partial release should be lesser of (a) the LTV immediately preceding the partial release and (b) 75%; (iii) no event of default; (iv) the remaining parcel must have sufficient number of parking space; (v) borrower is required to deliver the partial release amount of the greater of $90,000 or 100% of the allocated net proceeds.
   
  With regards to Loan No. 16, Bob Evans, (a) at any time prior to the Final Maturity Date, the borrower may obtain a partial release of (i) no more than 5 operating properties and (ii) any dark property subject to the following conditions, among others, in the loan agreement: (i) the released property is conveyed to a person other than borrower and borrower continues to be a special purpose entity; (ii) debt yield after the partial release is not less than the greater of (a) the debt yield immediately prior to the consummation of the partial release and 13.12%; (iii) LTV after the partial release is not greater than the lesser of (a) the LTV immediately prior to the partial release and (b) 49.5%; (iv) the released loan amount should be 110% of allocated loan amount for released property; (v) no event of default; (b) borrower will have the right from time to time to request the consent of  Lender to a release of the lien encumbering an individual property comprising the property by substituting therefor its fee interest in another property of like kind and quality.
   
  With respect to Loan No. 18, Carolina Hotel Portfolio, three partial releases are permitted after the lockout period. With respect to the first release, the release is subject to an amount equal to 120.0% of the allocated loan amount for the release parcel, a post-defeasance underwritten DSCR ratio not less than the greatest of (i) 1.88x, (ii) the DSCR immediately prior to the release, or (iii) DSCR at origination, and an LTV for the remaining properties no greater than least of (i) 62.0%, (ii) the LTV prior to release, and (iii) the LTV as of the closing date. With regards to the second release, the release is subject to an amount equal to 125.0% of the allocated loan amount for the release parcel, a post-defeasance underwritten DSCR ratio not less than the greatest of (i) 2.00x, (ii) DSCR immediately prior to the release, or (iii) DSCR at origination, an LTV for the remaining properties no greater than the least of (i) 60.0%, (ii) the LTV prior to release, and (iii) the LTV as of the closing date. With respect to the third release, the release is subject to an amount equal to 125.0% of the allocated loan amount for the release parcel, a post-defeasance underwritten DSCR not less than the greatest of (i) 2.20x, (ii) the DSCR immediately prior to the release, or (iii) DSCR at origination, and an LTV no greater than the least of (i) 55.0%, (ii) the LTV prior to the release date, and (iii) the LTV as of the closing date. For all releases, an amount equal to 100.0% of the net sale proceeds in connection with any sale of the release parcel will be required.
   
  With regards to Loan No. 23, IC Leased Fee Hotel Portfolio, from and after the earlier to occur of two years after the closing date of the securitization that includes the last pari passu note to be securitized and July 18, 2021, in connection with a third party sale of any of the individual Mortgaged Properties, the related IC Leased Fee Hotel Portfolio borrower may obtain the release of such individual Mortgaged Property from the lien of the IC Leased Fee Hotel Portfolio Whole Loan subject to, among other terms and conditions: (i) no event of default has occurred and is continuing, (ii) the DSCR of the remaining Mortgaged Properties following such release is no less than the greater of 1.33x and the DSCR in place immediately prior to such release, (iii) the loan-to-value ratio of the remaining Mortgaged Properties is no more than the lesser of 130.0% and the loan-to-value ratio in place immediately prior to such release, and (iv) payment of an amount equal to the greater of 100% of the allocated net proceeds for such individual Mortgaged Property and 130% of the allocated loan amount for such individual Mortgaged Property being released.

 

A-1-22

 

 

(16) With regards to Loan No. 1, Park Center Phase I, historical financials prior to 2017 are not available, as the property was built in 2016.
   
  With regards to Loan No. 7, 85 Broad Street, historical financials prior to 2015 are not available, as the borrower purchased the mortgaged property in 2014.
   
  With regards to Loan No. 8, Allergan HQ, historical financials are not available, as the borrower purchased the mortgaged property in 2013, renovated the mortgaged property and leased-up after.
   
  With regards to Loan No. 12, The Manhattan, historical financials are not available, as the borrower acquired the mortgaged property in 1998 and leased it to a pair of charter schools until July 2014. The borrower vacated the property in 2014 and completely renovated the mortgaged property from mid-2014 to 2016 and leased-up after.
   
  With regards to Loan No. 16, Bob Evans, historical financials are not available due to the acquisition of the asset occurring in August 2017.
   
  With respect to Loan No. 18, Carolina Hotel Portfolio, with respect to the Holiday Inn Express & Suites Goldsboro Base Area property, 2014 financial information is not available as the property was constructed in 2014. 2015 financial information for the Holiday Inn Express & Suites Goldsboro Base Area property is based on seven months annualized.
   
  With respect to Loan No. 20, Apex Fort Washington, the mortgaged property was acquired in January 2015 and historical financial information is not available.
   
  With Regards to Loan No 23, IC Leased Fee Hotel Portfolio, historical financials are not available because the ground lease is structured in 2017.
   
  With regards to Loan No. 29, AT&T Lincolnwood, historical financials are not available because the property was constructed in 2017.
   
  With respect to Loan No. 30, Petco Bloomingdale, historical financial information is not available as the asset is an acquisition. Additionally, the sole tenant, Petco, signed a fourteen year, triple-net lease in July 2015; the structure of this lease differed from the previous lease it had been under. The loan was originated on September 29, 2016.
   
  With respect to Loan No. 31, Panera Bread Schererville, historical financials are not available due to the acquisition of the asset occurring in August 2017.
   
(17) With respect to Loan No. 20, Apex Fort Washington, the average rent over the term of the lease of the two of the tenants, Citizens Bank of Pennsylvania and Allstate Insurance Company, is included in UW Revenues ($), UW NOI ($) and UW NCF ($) due to the investment grade credit ratings of the tenants.
   
(18) With regards to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any Mortgaged Property.
   
(19) In certain cases, the data for tenants occupying multiple spaces includes square footage for all leases and is presented with the expiration date of the largest square footage expiring.
   
(20) The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease.
   
  With respect to Loan No. 4, 245 Park Avenue, the Largest Tenant, Société Générale, subleases 36,425 contractual SF to Brunswick Group, LLC and 36,425 contractual SF to MIO Partners, Inc. The 2nd Largest Tenant, JP Morgan Chase Bank, N.A. (“JPMCB”), subleases 562,347 contractual SF to Société Générale through October 31, 2022. In addition, JPMCB also subleases 90,556 contractual SF to Houlihan Lokey Howard & Zukin Financial Advisors, Inc., 49,133 contractual SF to The Nemec Agency, Inc., 34,058 contractual SF to Pierpont Capital Holdings LLC and 15,939 contractual SF to JLL Partners, LLC. The square footage for JPMCB does not include the space subleased to Société Générale, and the terms shown for Société Générale are based on JPMCB’s prime lease. The 3rd Largest Tenant, Major League Baseball (the “MLB”), subleases 37,385 contractual SF to the National Bank

 

A-1-23

 

 

  of Australia, Ltd., 24,840 contractual SF to Houlihan Lokey, Inc. and 10,525 contractual SF to Anthos U.S.A., Inc. MLB has announced that it plans to vacate its space at the end of its lease term in October 2022 and that it has executed a lease at another location and intends to move in to such location in 2019. If MLB does not renew its lease 12 months before its lease expiration date or if MLB vacates or abandons all or substantially all of its premises, a cash sweep event will occur.
   
  With respect to Loan No. 4, 245 Park Avenue, the Largest Tenant, Société Générale, has the right to terminate either the highest full floor leased or the highest two full floors (if such floors are contiguous) under either the related subleased space from JPMCB or under its direct lease with the borrower on October 31, 2022, with notice by May 1, 2021.
   
  With respect to Loan No. 7, 85 Broad Street, the 2nd Largest Tenant, Oppenheimer, has the one-time option to terminate its lease with respect to either (i) the highest full floor leased in the tower floor stack, (ii) the lowest full floor leased in the tower floor stack, or (iii) the entire demised premises, in either case, effective as of February 1, 2024, by delivering an irrevocable written notice of such election to the landlord on or before the date that is 18 months prior to the termination date, time being  of the essence. Any such termination notice is required to include a statement whether such tenant is electing to terminate the lease pursuant to clause (i), (ii) or (iii) above. Simultaneously with the giving of the termination notice, Oppenheimer is required to pay to the landlord a payment equal to the unamortized value, calculated as of the date of payment of the termination payment, of the transaction costs incurred, on a PSF basis, in connection with or otherwise allocable to the terminated premises, determined by amortizing such costs on a monthly straight-line basis over the initial term of the lease for the terminated premises with interest thereon at a rate equal to 8.0% per annum.
   
  With respect to Loan No. 7, 85 Broad Street, the 3rd Largest Tenant, Nielsen, has the one-time option to terminate the lease with respect to either (i) the highest full floor under its lease, (ii) the lowest full floor under its lease, (iii) a single full floor of the demised premises that is not contiguous to any floor of the building on which any portion of the demised premises is located or (iv) the entire demised premises then being leased. Any such termination option exercised by Nielsen will be effective on March 11, 2020, and will be exercisable by the tenant delivering an irrevocable written notice of such election to the landlord on or before the date which is 15 months prior to the termination date, time being of the essence. The termination fee will equal to the sum of (a) five, in the case of the full termination option, or three, in the case of a partial termination option, times the basic annual rent, tax payments, operating payments and cafeteria rent that were payable by such tenant with respect to the terminated premises for the month immediately preceding the month during which the termination notice was delivered, plus (b) the unamortized value, calculated as of the date of the termination notice, of the transaction costs incurred in connection with or otherwise allocable to the terminated premises, determined by amortizing such costs on a monthly straight-line basis over the initial term of the lease for the terminated premises with interest thereon at a rate equal to 7.0% per annum.
   
  With respect to Loan No. 10, 300 Montgomery, the Largest Tenant, Ripple Labs, Inc., subleases 11,429 SF of its space to HackerOne at $73.00 PSF through the remainder of its term and subleases 3,320 SF of its space to Grovo Learning at $71.00 PSF through the remainder of its term.
   
  With respect to Loan No. 10, 300 Montgomery, the 2nd Largest Tenant, Consulate General of Brazil, in the event that diplomatic relations between the United States and Brazil are terminated, suspended or otherwise interrupted, or the Government of Brazil closes its San Francisco Consulate (and does not re-open the Consulate) during the last four years of its lease, has the option to terminate its lease with 180 days’ prior written notice and a payment of a termination fee equal to the unamortized tenant improvement and leasing commission costs. The 3rd Largest Tenant, ELS Educational Services, Inc., has the right to terminate its lease at any time after the 84th full calendar month of the term with one-year notice and payment of a termination fee equal to four months base rent in the 10th lease year ($215,107) plus the unamortized balance of the tenant improvements, plus cost of brokerage commission, and legal fees paid in connection with negotiation and execution of lease and the initial 45-day base rent abatement.
   
  With respect to Loan No. 14, Wal-Mart Central, the 2nd Largest Tenant, 99 Cents Only, has right to terminate its lease with six months’ notice if tenant’s sales are less than $4.5 million during the measuring period, which is defined as any consecutive 12-month period after the first day of the 25th month of the term, and payment of the unamortized portions of the leasing commission and the TI allowance. Evidence must be provided with the written notice and the termination cannot take place before the sixth anniversary of the lease, April 23, 2021 or after the seventh anniversary of the lease, April 23, 2022.

 

A-1-24

 

 

  With respect to Loan No. 19, Keystone 200 & 300, with respect to the Keystone 300 property, the 2nd Largest Tenant, K&L Gates, LLP, has the one-time right to terminate its lease by giving a written notice at least twelve months prior to the termination date of December 31, 2023, subject to a termination fee of $586,247. The 4th Largest Tenant, KOWA Research Institute, has a one-time right to terminate its lease by giving written notice at least twelve months prior to the termination date of April 30, 2019 and subject to a termination fee of $85,000.
   
  With respect to Loan No. 20, Apex Fort Washington, the 4th Largest Tenant, AstraZeneca Pharmaceuticals, has the right to terminate its lease effective August 2021 with nine-months’ notice (November 2020) and a payment of a termination fee of $734,526. AstraZeneca Pharmaceuticals has ceased to operate at the mortgaged property, and has executed a sublease on its space to Softerware, Inc. that runs through August 2024.
   
  With respect to Loan No. 22, Tenalok Portfolio, with respect to the Bartlesville Plaza property, the Largest Tenant, Client Logic (dba Sitel), has a one-time option to terminate its lease by providing a minimum of four months’ notice at any time between July 1, 2017 and December 31, 2017. Client Logic (dba Sitel) has notified the borrower of its intent to vacate the space in November 2017, and as such the space has been underwritten as vacant.
   
(21) Represents the upfront and monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents.
   
  With regards to Loan No. 1, Park Center Phase I, the borrower is not required to make monthly deposits to the tax or insurance reserve account so long as a Trigger Period or Tenant Failure Event, as defined in the loan agreement, is not continuing. After the occurrence of a Trigger Period or Tenant Failure Event, borrower shall remit to lender, for deposit into the basic carrying costs escrow account, an amount equal to the sum of: (i) 1/12th of the taxes that lender reasonably estimates, based on information provided by borrower, will be payable during the next ensuing 12 months, plus; (ii) 1/12th of the insurance premiums that lender reasonably estimates, based on information provided by borrower, will be payable during the next ensuing 12 months. On each payment date during the continuance of a Trigger Period, borrower shall remit to lender, for deposit into the TI/LC Reserve Account, an amount equal to the Monthly TI/LC Amount. On each payment date during the continuance of a Trigger Period, borrower shall remit to lender, for deposit into the Capital Expenditure Reserve Account, an amount equal to the Monthly Capital Expenditure Amount.
   
  With regards to Loan No. 2, Westin Building Exchange, during the continuance of a Cash Trap Event Period, as defined in the loan agreement, the borrower is required to deposit with the lender on each Monthly Payment Date an amount equal to 1/12th of the taxes that lender estimates will be payable during the next ensuing 12 months in order to accumulate sufficient funds to pay all such taxes at least 10 days prior to their respective due dates. During the continuance of a Cash Trap Event Period, the borrower is required to deposit with the lender on each Monthly Payment Date an amount equal to 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof in order to accumulate sufficient funds to pay all such insurance premiums at least 30 days prior to the expiration of the policies. The borrower is required to deposit with the lender on each Monthly Payment Date occurring during the continuance of a Cash Trap Event Period an amount equal to $6,692 for the Replacements until such point in time that the amount of Replacement Reserve Funds equals or exceeds the Replacement Reserve Cap. The borrower is required to deposit with the lender on each Monthly Payment Date occurring during the continuance of a Cash Trap Event Period the Leasing Reserve Monthly Deposit for Qualified Leasing Expenses that may be incurred following the origination date until such time that the amount of Leasing Reserve Funds equals or exceeds an amount equal to the Leasing Reserve Cap.
   
  With regards to Loan No. 3, Two Independence Square, the borrower is required to deposit with lender upon the commencement of a Cash Sweep Period, as defined in the loan agreement, and each monthly payment date during the continuance of a Cash Sweep Period (i) 1/12th of the taxes, other charges and insurance premiums that the lender estimates will be payable during the next ensuing 12 months in order to accumulate with the lender sufficient funds to pay all such taxes, other charges and insurance premiums at least 30 days prior to their respective date of delinquency. During a Cash Sweep Period, the borrower is required to deposit with the lender on each payment date the sum of $75,737, which amounts will be deposited with and held by the lender for tenant improvement and leasing commission obligations incurred following the origination date.

 

A-1-25

 

 

  With respect to Loan No. 4, 245 Park Avenue, the monthly TI/LC reserve deposit amount equal to $446,775 will commence on the payment date in May 2025 and continue on each payment date thereafter. The borrower is permitted to deliver a letter of credit in accordance with the Mortgage Loan documents in lieu of any cash reserve.
   
  With respect to Loan No. 7, 85 Broad Street, during the Cash Management Period, as defined in the loan agreement, the borrower is required to pay lender on each payment date, (i) 1/12th of the taxes that the lender estimates will be payable during the next 12 months in order to accumulate with the lender sufficient funds to pay all such taxes at least 30 days prior to the respective due dates, (ii) 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof in order to accumulate with the lender sufficient funds to pay all such insurance premiums at least thirty 30 days prior to the expiration of the policies, (iii) an amount initially equal to $18,636 of capital expense reserve and (iv) an amount equal to $139,768 of TI/LC reserve. The ongoing monthly insurance reserve is waived for so long as (i) no event of default has occurred and is continuing, (ii) the insurance policies maintained by the borrower covering the property comply with the terms in the related loan documents and such blanket insurance policies are in full force and effect, (iii) the borrower provides the lender evidence of renewal of such insurance policies pursuant to the related loan documents, and (iv) the borrower provides the lender paid receipts for the payment of the insurance premiums by no later than 10 business days prior to the expiration dates of such policies.
   
  With respect to Loan No. 9, JW Marriott Chicago, the borrower is required to deposit monthly FF&E reserve in an amount of 1/12th of 4.0% of gross revenues generated at the property for the previous calendar year upon termination of the management agreement and the failure of the borrower to enter into a replacement franchise agreement that adequately reserves for FF&E replacements.
   
  With regards to Loan No. 13, West Town Mall, during a DSCR Trigger Period, during an Occupancy Trigger Period, as defined in the loan agreement, or at any time (i) all taxes and other charges are not paid by the borrower prior to the assessment of any penalty for late payment and prior to the date that such taxes and other charges become delinquent; (ii) upon request of the lender, the borrower fails to promptly provide evidence, reasonably satisfactory to the lender that such taxes and other charges have been paid prior to the assessment of any penalty for late payment and prior to the date that such taxes and other charges become delinquent; or (iii) an event of default has occurred and is otherwise continuing, the borrower is required to pay to lender on each scheduled payment date 1/12th of the taxes and other charges that lender reasonably estimates will be payable in respect of the mortgaged property during the next ensuing 12 months in order to accumulate with lender sufficient funds to pay all such taxes and other charges at least 30 days prior to their respective due dates. In the event (i) the borrower has not provided satisfactory evidence to the lender that the property is covered by policies that are being maintained as part of a reasonably acceptable blanket insurance policy in accordance with Section 8.1 within West Town Mall loan agreement or (ii) an event of default has occurred and is otherwise continuing, the borrower is required to pay to the lender on each scheduled payment date, 1/12th of the insurance premiums that the lender reasonably estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof in order to accumulate with the lender sufficient funds to pay all such insurance premiums at least 30 days prior to the expiration of the policies. On each scheduled payment date during a DSCR Trigger Period, an Occupancy Trigger Period or an event of default shall have occurred and is otherwise continuing, the borrower shall deposit with the lender the amount of $12,876 of replacement reserve.
   
  With respect to Loan No. 18, Carolina Hotel Portfolio, Monthly Other Reserve ($) with regards to the seasonality reserve, the borrower is required to deposit $33,333 in a seasonality reserve in the months of August and September of 2017. Beginning in 2018, the borrower will be required to deposit $33,333 per month in each May, June and July. The seasonality reserve is subject to a cap of $100,000. Monthly Other Reserve ($) with regards to the PIP reserve, the borrower is required to deposit all excess cash flow into the PIP Reserve upon occurrence of a Franchise Sweep Event, as outlined in the loan documents. Upon the occurrence of a franchise sweep event, the borrower will be required to escrow an amount equal to 125.0% of the sum required for any new PIP.
   
  With respect to Loan No. 21, Whitehall Place Apartments, an ongoing capital expenditures reserve of $17,555 will be collected monthly so long as funds in such reserve are less than $500,000, and such collection will terminate when the balance of the capital expenditures reserve equals or exceeds the replacement reserve cap of $700,000. At loan origination, $17,555 was being contributed monthly to the replacement reserve.
   
  With respect to Loan No. 23, IC Leased Fee Hotel Portfolio, upon completion of all required PIP renovations the related borrowers will be required to deposit an amount equal to $83,000 each month during the period between March and December into a seasonal reserve. Amounts in the seasonal reserve may be applied on payment dates in January and February for shortfalls between revenues and monthly debt, subaccounts and expenses.

 

A-1-26

 

 

  With respect to Loan No. 24, Comfort Suites Arlington, the ongoing monthly insurance reserve is waived so long as (i) no event of default has occurred and is continuing, (ii) all insurance policies are carried on one or more blanket policies of insurance acceptable to the lender and such blanket policy satisfies the conditions set forth in the loan documents, (iii) the lender receives satisfactory evidence that all insurance premiums have been paid in a timely fashion and (iv) the lender receives satisfactory evidence that such insurance policies are in place.
   
  With respect to Loan No. 25, Central Avenue Hotels, the ongoing replacement reserve monthly deposit is 1/12th of 8.0% of gross rents for the immediately preceding calendar year until May 2020, inclusively. The replacement reserve monthly deposit will be adjusted to 1/12th of 4.25% of gross rents for the immediately preceding calendar year on remaining term after May 2020.
   
  With respect to Loan No. 25, Central Avenue Hotels, the borrower has deposit $25,000 into seasonal reserve at the origination of the loan. The ongoing seasonal reserve payments will be deposited monthly according to the following schedule for the term of the loan: March - $50,000; June - $50,000; July - $50,000. The seasonal reserve is capped at $200,000 with a floor at $100,000.
   
  With respect to Loan No. 27, Quality Inn Biloxi, the borrower has deposit $200,000 into seasonal reserve at the origination of the loan. The ongoing seasonal reserve payments will be deposited monthly according to the following schedule for the term of the loan: April - $25,000; June - $30,000; July - $55,000; August - $55,000; October - $15,000; November - $22,000. The seasonal reserve is capped at $200,000.
   
  With respect to Loan No. 28, Aston Plaza, the ongoing monthly tax reserve is waived for as long as (i) the borrower has timely made each monthly debt service payment, (ii) the borrower has timely made each tax payment when it is due and (iii) the DSCR is equal to or greater than 1.70x. The ongoing monthly insurance reserve is waived so long as (i) the borrower has timely made each monthly debt service payment, (ii) the borrower has timely made each payment on or before each insurance payment date with regards to the insurance premiums and such premiums maintain the necessary coverage as described in the loan documents, and (iv) the DSCR is equal to or greater than 1.70x.
   
  With respect to Loan No. 30, Petco Bloomingdale, the ongoing monthly tax reserve and the ongoing monthly insurance reserve are waived so long as (i) no event of default or cash sweep (with respect to Petco or any subsequent replacement major tenant) has occurred and is continuing, (ii) the Petco lease is in full force and effect, (iii) Petco continues to make payments and perform the obligations required under the Petco lease with respect to taxes and delivers timely evidence of the same, (iv) Petco is not bankrupt or insolvent, (v) Petco has not expressed its intention to terminate, cancel or default under the Petco lease, and with respect to the ongoing monthly tax reserve, (vi) the lender receives evidence of tax payments prior to delinquency, and with respect to the ongoing monthly insurance reserve and (vii) the lender receives evidence of payment prior to the expiration of insurance policies with respect to insurance premiums.  
   
(22) Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.
   
(23) Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents.
   
(24) With regards to Loan No. 1, Park Center Phase I, the borrower obtained environmental insurance for the property with an annual premium of $6,020.

 

Loan
No.
  Mortgage Loan  Mortgage Loan Cut-off Date Balance  % of Initial Outstanding Pool Balance  Intercreditor Agreement  Combined Minimum DSCR  Combined Maximum LTV  Combined Debt Yield
7  85 Broad Street  $45,000,000  5.2%  Yes  1.75x  55.0%  6.6%
10  300 Montgomery  $36,000,000  4.2%  Yes  1.50x  80.0%  NAP
13  West Town Mall  $30,000,000  3.5%  No  NAP  NAP  NAP

 

A-1-27

 

 

(25) Certain of the mortgage loans permit direct or indirect owners in the borrower to incur future mezzanine financing.
   
(26) Other Items:
   
  With respect to Loan No. 4, 245 Park Avenue, the Total SF/Units, Original Loan/Unit, Cut-Off Balance/Unit and Maturity Balance per Unit are based on current contractual square footage, which is 1,723,993 SF as leased. The property has a remeasured net rentable area of 1,779,515 SF in accordance with current REBNY standards, which is the basis for the square footage in future leasing.
   
  With regards to Loan No. 6, Hilton Glendale, the loan pays based off a fixed amortization schedule for the entire term of the loan with a balloon payment of approximately $43.8 million in August 2022.
   
  With respect to Loan No. 11, Center 78, the whole loan accrues interest at an interest rate that changes over time. The Mortgage Rate shown is the interest rate on September 9, 2017.
   
  With respect to Loan No. 11, Center 78, the Monthly Debt Service (P&I) and Monthly Debt Service (IO) shown is calculated based on the average monthly debt service of the Center 78 Senior Loan for the 12-month period commencing September 2022 as set forth in the non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus. The Annual Debt Service (P&I) and Annual Debt Service (IO) shown is calculated based on the aggregate monthly debt service of the senior portion of the Center 78 Whole Loan for the 12-month period commencing September 2022 as set forth in the non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus.
   
  With respect to Loan No. 11, Center 78, the Center 78 subordinate mortgage debt accrues interest at an interest rate of 10.706172% during the period from September 2017 to August 2022 and at an interest rate of 0.00% during the period from September 2022 to August 2027. The Center 78 subordinate note has a five-year initial interest-only period and amortizes based on a five-year amortization schedule after the initial interest-only period.
   
  With respect to Loan No. 11, Center 78, the UW NOI DSCR (P&I), UW NOI DSCR (IO), UW NCF DSCR (P&I) and UW NCF DSCR (IO) shown are calculated based on the aggregate debt service for the 12-month period commencing September 2022 of the respective aggregate principal balance of the promissory notes comprising the senior portion of the Center 78 Whole Loan as set forth in the respective non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus.
   
  With regards to Loan No. 13, West Town Mall, the loan pays based off a fixed amortization schedule for the entire term of the loan with a balloon payment of approximately $27.9 million in July 2022.
   
  With regards to Loan No. 15, Acropolis Garden, the As-Is Appraised Value assumes the property is operated as a multifamily rental property and leased at market rent.
   
  With regards to Loan No. 15, Acropolis Garden, current occupancy and historical occupancy are not available because the property has been operating as a cooperative.
   
  With regards to Loan No. 15, Acropolis Garden, has been operating as a cooperative and the historical NOI reflects such operation. The Underwritten Net Operating Income and the Underwritten Net Cash Flow for the property are the projected net operating income and the projected net cash flow, respectively, reflected in the appraisal. The projected net operating income, in general, equals projected effective gross income at the property assuming such property is operated as a rental property with rents and other income set at the prevailing market rates, reduced by underwritten property operating expenses and a market-rate vacancy assumption, in each case, as determined by the appraiser. The rents of 54 rent stabilized units and 21 rent controlled units are assumed to remain below market. The projected net cash flow equals the projected net operating income reduced by the projected replacement reserves, as determined by the property condition report. The projected rental income used in such determinations differs materially from the scheduled monthly maintenance payments from the tenant-shareholders at the property.
   
  With regards to Loan No. 16, Bob Evans, the financials will be reported on loan level. No property level financials will be available during the term of the loan.
   
  With respect to Loan No. 22, Tenalok Portfolio, the Monthly Debt Service (P&I) and Monthly Debt Service (IO) shown is calculated based on the monthly debt service of the Tenalok Portfolio Senior Loan as set forth in the non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus. The Annual

 

A-1-28

 

 

  Debt Service (P&I) and Annual Debt Service (IO) shown is calculated based on the aggregate monthly debt service of the Tenalok Portfolio Senior Loan as set forth in the non-standard amortization and interest rate schedule set forth in Annex F to the Preliminary Prospectus.
   
  With regards to Loan No. 23, IC Leased Fee Hotel Portfolio, the whole loan is structured with In Place cash management. The cash management period will commence upon an event of default; a default by the borrower or ground tenant under the ground lease beyond any applicable notice or cure period; the failure by ground tenant, after the end of a calendar quarter, to maintain the ground rent coverage ratio of at least 1.15x; or if the borrower is required to deposit all excess cash to the PIP Reserve subaccount pursuant to the terms of the loan agreement which deposits are required as of the date of the loan agreement. The IC Leased Fee Hotel Portfolio Whole Loan is currently in cash management period because all excess cash is required to be deposited in to PIP Reserve subaccount.
   
  With regards to Loan No. 23, IC Leased Fee Hotel Portfolio, the whole loan is secured by the Leased Fee interest under seven hotels totaling 2,139,703 SF, and each is encumbered by a ground lease between the related borrower, as the ground lessor, and the related ground tenant. The borrowers are affiliates of the ground tenants. The improvements are not collateral for the Mortgage Loan other than the borrowers’ reversionary interest therein.
   
  With regards to Loan No. 23, IC Leased Fee Hotel Portfolio, with respect to the Radisson Cromwell Mortgaged Property the related ESA obtained at origination of the Mortgage Loan identified as a REC on the Radisson Cromwell Mortgaged Property the existence of a 2,000-gallon fuel oil underground storage tank and based on the presumed age of the UST recommended tightness testing. Tightness testing performed on the UST on the Radisson Cromwell Mortgaged Property indicated a potential leak is occurring in the UST. At origination of the Mortgage Loan, the borrower deposited $230,862 in an environmental reserve, an amount equal to 125% of the amount estimated by an environmental consultant to be sufficient for the removal of the UST and the related removal of the impacted soil, analysis and monitoring.
   
  With regards to Loan No. 25, Central Avenue Hotels, the Econo Lodge Inn & Suites Mortgaged Property was flagged as Econo Lodge and the franchise agreement was terminated on August 24, 2017. After the franchise termination, the mortgaged property is expected to be re-flagged to Motel 6.

 

A-1-29