FWP 1 n1074_anxa1-x3.htm FREE WRITING PROSPECTUS

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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                               
Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Mortgage
Loan
Originator(1)
Mortgage
Loan Seller(1)
Original
Balance
Cut-off Date
Balance
Maturity/ARD
Balance
Cut-off Date
Balance per SF/
Units/Rooms/Pads
Loan Purpose Sponsor Non-Recourse Carveout Guarantor   No. of
Properties
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio 9.7%    BANA BANA $110,000,000 $110,000,000 $110,000,000 $101.11 Recapitalization Griffin Capital Company, LLC Griffin Capital Essential Asset REIT, Inc.   10
Property   1.01 Restoration Hardware Distribution 2.0%    BANA BANA $22,880,000 $22,880,000 $22,880,000            
Property   1.02 State Farm Regional HQ 1.8%    BANA BANA $20,375,227 $20,375,227 $20,375,227            
Property   1.03 North Pointe I 1.0%    BANA BANA $11,630,667 $11,630,667 $11,630,667            
Property   1.04 Corporate Campus at Norterra 1.0%    BANA BANA $11,440,000 $11,440,000 $11,440,000            
Property   1.05 CHRISTUS Health HQ 0.9%    BANA BANA $10,618,227 $10,618,227 $10,618,227            
Property   1.06 Duke Bridges I 0.7%    BANA BANA $8,059,480 $8,059,480 $8,059,480            
Property   1.07 Wells Fargo Operations Center 0.7%    BANA BANA $7,912,667 $7,912,667 $7,912,667            
Property   1.08 Ace Hardware HQ 0.6%    BANA BANA $6,673,333 $6,673,333 $6,673,333            
Property   1.09 Royal Ridge V 0.6%    BANA BANA $6,272,933 $6,272,933 $6,272,933            
Property   1.10 Comcast Regional HQ 0.4%    BANA BANA $4,137,467 $4,137,467 $4,137,467            
Loan 5 2 Park Square 8.8%    BANA BANA $100,000,000 $100,000,000 $100,000,000 $317.89 Refinance Capital Properties Richard D. Cohen; Gary Darman   1
Loan   3 The New School 8.1%    WFB WFB $92,000,000 $92,000,000 $92,000,000 $141,975.31 Refinance Arun Bhatia; Jeffrey Katz Arun Bhatia; Jeffrey Katz; Eugene Pinover   1
Loan 5 4 222 Second Street 7.2%    BANA BANA $81,500,000 $81,500,000 $81,500,000 $644.32 Refinance TSCE Real Estate, L.P. N/A   1
Loan 5, 9, 10 5 Colorado Center 7.1%    MSBNA; WFB MSMCH; WFB $80,000,000 $80,000,000 $80,000,000 $253.37 Recapitalization Boston Properties Limited Partnership; Teachers Insurance and Annuity Association of America N/A   1
Loan 11 6 1235 South Clark Street 6.9%    BANA BANA $78,000,000 $78,000,000 $70,841,956 $203.11 Recapitalization JBG Smith Properties JBG Smith Properties LP   1
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio 6.5%    BANA BANA $73,000,000 $73,000,000 $59,851,466 $117,174.96 Refinance Distinctive Hospitality Group Louis R. Carrier; Mark G. Carrier; Henry Duques; David P. Hart   3
Property   7.01 Crowne Plaza Boston Natick 2.6%    BANA BANA $29,000,000 $29,000,000 $23,776,610            
Property   7.02 Holiday Inn Boston-Bunker Hill 2.3%    BANA BANA $26,000,000 $26,000,000 $21,316,960            
Property   7.03 Hampton Inn Boston Natick 1.6%    BANA BANA $18,000,000 $18,000,000 $14,757,896            
Loan 5, 9, 11, 12 8 237 Park Avenue 6.2%    MSBNA MSMCH $70,005,000 $70,005,000 $70,005,000 $278.02 Refinance RXR Group; Walton Street Group RXR Real Estate Value Added Fund LP; RXR Real Estate Value Added Fund Parallel LP; RXR Real Estate Value Added Fund Parallel II LP; RXR Real Estate Value Added Fund Parallel II (REIT) LP; RXR Real Estate Value Added Fund Parallel III LP; Walton Street Real Estate Partners VII, L.P.; Walton Street Real Estate Fund VII-Q, L.P.; Walton Street Real Estate Fund VII-NUS-SRD, L.P.; Walton Street Real Estate Fund VII, L.P.; Walton Street Real Estate Fund VII-E, L.P.; Walton Street Real Estate Investors VII, L.P.; Walton Street Real Estate Partners VII-NGE, L.P.; WSC Capital Holdings VII, L.P.   1
Loan 9 9 Princeton Place 4.5%    WFB WFB $51,380,000 $51,380,000 $51,380,000 $167.62 Acquisition Zell Kravinsky Zell Kravinsky   1
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III 4.4%    MSBNA MSMCH $50,000,000 $50,000,000 $45,593,688 $41.76 Acquisition Brennan Investment Group Acquisitions LLC Michael Brennan; Scott McKibben; Sam Mandarino; Robert Vanecko; Troy MacMane; Greenwood Holding Company, LLC; Allen Crosswell   21
Property   10.01 2121 Gardner Street 0.6%    MSBNA MSMCH $6,846,317 $6,846,317 $6,242,977            
Property   10.02 975 Cottonwood Avenue 0.4%    MSBNA MSMCH $4,220,333 $4,220,333 $3,848,411            
Property   10.03 4925 Bulls Bay Highway 0.4%    MSBNA MSMCH $4,110,917 $4,110,917 $3,748,637            
Property   10.04 1500 Southeast 37th Street 0.3%    MSBNA MSMCH $3,126,172 $3,126,172 $2,850,674            
Property   10.05 1501 Industrial Boulevard 0.3%    MSBNA MSMCH $3,063,649 $3,063,649 $2,793,661            
Property   10.06 10450 Medallion Drive 0.3%    MSBNA MSMCH $3,063,649 $3,063,649 $2,793,661            
Property   10.07 1001 DDC Way 0.2%    MSBNA MSMCH $2,660,373 $2,660,373 $2,425,924            
Property   10.08 1152 Armorlite Drive 0.2%    MSBNA MSMCH $2,166,437 $2,166,437 $1,975,517            
Property   10.09 3800 West Broward Boulevard 0.2%    MSBNA MSMCH $2,125,797 $2,125,797 $1,938,459            
Property   10.10 2900 & 2950 Hill Avenue 0.2%    MSBNA MSMCH $2,110,166 $2,110,166 $1,924,205            
Property   10.11 1700 Highland Road 0.2%    MSBNA MSMCH $2,039,827 $2,039,827 $1,860,065            
Property   10.12 1972 Salem Industrial Drive 0.2%    MSBNA MSMCH $2,032,012 $2,032,012 $1,852,938            
Property   10.13 1800 University Parkway 0.2%    MSBNA MSMCH $2,000,750 $2,000,750 $1,824,432            
Property   10.14 621 Hunt Valley Circle 0.1%    MSBNA MSMCH $1,625,610 $1,625,610 $1,482,351            
Property   10.15 5000 Askins Lane 0.1%    MSBNA MSMCH $1,516,194 $1,516,194 $1,382,577            
Property   10.16 900 Chaddick Drive 0.1%    MSBNA MSMCH $1,469,301 $1,469,301 $1,339,817            
Property   10.17 6600 Chapek Parkway 0.1%    MSBNA MSMCH $1,406,778 $1,406,778 $1,282,804            
Property   10.18 53208 Columbia Drive 0.1%    MSBNA MSMCH $1,375,516 $1,375,516 $1,254,297            
Property   10.19 7750 Hub Parkway 0.1%    MSBNA MSMCH $1,320,808 $1,320,808 $1,204,410            
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive 0.1%    MSBNA MSMCH $875,328 $875,328 $798,189            
Property   10.21 3221 Cherry Palm Drive 0.1%    MSBNA MSMCH $844,067 $844,067 $769,682            
Loan 5 11 Pleasant Prairie Premium Outlets 4.0%    WFB WFB $45,000,000 $45,000,000 $45,000,000 $360.15 Recapitalization Simon Property Group, L.P. Simon Property Group, L.P.   1
Loan   12 Tucson Place Shopping Center 2.3%    WFB WFB $26,000,000 $26,000,000 $21,124,997 $95.06 Refinance George C. Larsen; Margaret A. Larsen George C. Larsen individually and as trustee of the George Larsen Revocable Trust; Margaret A. Larsen individually and as trustee of the Margaret Larsen Revocable Trust; George C. Larsen and Margaret A. Larsen, as trustees of the George & Margaret Larsen Exempt Trust; DSB Holdings, L.L.C.   1
Loan   13 Tottenville Shopping Center 2.0%    MSBNA MSMCH $22,100,000 $22,100,000 $22,100,000 $450.60 Refinance Stanley Werb Stanley Werb   1
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio 1.9%    WFB WFB $21,300,000 $21,300,000 $21,300,000 $24.53 Acquisition Starwood Property Trust, Inc. Starwood Property Trust, Inc.   3
Property   14.01 Cabela’s Prairie du Chien 0.7%    WFB WFB $7,920,000 $7,920,000 $7,920,000            
Property   14.02 Cabela’s Triadelphia 0.7%    WFB WFB $7,470,000 $7,470,000 $7,470,000            
Property   14.03 Cabela’s Tooele 0.5%    WFB WFB $5,910,000 $5,910,000 $5,910,000            
Loan   15 Village Crest Poughkeepsie Apartments 1.8%    BANA BANA $20,050,000 $20,050,000 $20,050,000 $81,504.07 Refinance Houlihan-Parnes Realtors, LLC Francine Parnes; The Estate of Howard L. Parnes   1
Loan   16 Best Western Plus Silverdale Beach Hotel 1.3%    MSBNA MSMCH $15,000,000 $14,977,269 $11,291,659 $99,187.21 Refinance Baldev Johal Baldev Johal; Harinder Johl; Waseem Akhtar; Kurt Hilbers; Venu Kondle; Jasdeep Singh   1
Loan   17 Country Manor Apartments 1.2%    BANA BANA $13,600,000 $13,600,000 $13,600,000 $75,555.56 Refinance Houlihan-Parnes Realtors, LLC Francine Parnes; The Estate of Howard L. Parnes   1
Loan   18 Stevens Manor Apartments 1.1%    BANA BANA $12,450,000 $12,450,000 $12,450,000 $76,851.85 Refinance Houlihan-Parnes Realtors, LLC Francine Parnes; The Estate of Howard L. Parnes   1
Loan   19 Crosswinds Apartments 1.0%    MSBNA MSMCH $11,587,500 $11,587,500 $9,877,156 $65,838.07 Acquisition GPI Investments, LLC Harmonia Capital USA, Inc.; Yongjian (Eugene) Ning; Ruoxu (Scott) Hu; Tom Huang   1
Loan 11 20 Empire Tower IV 1.0%    WFB WFB $11,000,000 $11,000,000 $10,090,243 $143.88 Refinance Michael G. Rademaker Michael G. Rademaker   1
Loan   21 Park Plaza II 0.9%    WFB WFB $10,300,000 $10,300,000 $9,020,977 $198.53 Refinance Richard L. Martin; Rudy P. Nodar Richard L. Martin; Rudy P. Nodar   1
Loan 13 22 La Quinta - Morgan Hill, CA 0.8%    BANA BANA $9,000,000 $9,000,000 $8,730,429 $86,538.46 Refinance Jess Parker; Andrew Firestone Jess Parker; Andrew Firestone   1
Loan   23 Grand Prairie West All Storage 0.7%    MSBNA MSMCH $8,200,000 $8,188,719 $6,493,101 $67.22 Refinance Jay Schuminsky Jay Schuminsky   1
Loan   24 Four Corners Shopping Center 0.7%    WFB WFB $7,500,000 $7,500,000 $6,553,533 $114.43 Acquisition Robert Jay Naggar; Adam Herschel Soffar Robert Jay Naggar; Adam Herschel Soffar   1
Loan   25 Richmond Ranch 0.6%    WFB WFB $7,300,000 $7,300,000 $6,371,207 $124.67 Acquisition Jeffrey Seltzer Jeffrey Seltzer   1
Loan   26 5700 Lake Worth Road 0.6%    BANA BANA $7,150,000 $7,150,000 $6,124,226 $140.05 Refinance David Associates Alfred N. Marulli   1
Loan   27 2575 Owners Corp. 0.6%    NCCB NCB $7,000,000 $6,989,875 $5,494,132 $59,236.23 Refinance N/A N/A   1
Loan 11 28 St. Mary’s Plaza 0.6%    MSBNA MSMCH $6,500,000 $6,500,000 $6,500,000 $83.12 Refinance Kornwasser Shopping Center Properties CCA Acquisition Company, LLC   1
Loan 9 29 The Children’s Hospital of Philadelphia 0.5%    WFB WFB $6,000,000 $5,979,385 $4,922,664 $432.98 Refinance Brian Halligan; Joseph Halligan Brian Halligan; Joseph Halligan   1
Loan   30 Meridian Center 0.5%    MSBNA MSMCH $5,500,000 $5,500,000 $4,513,493 $105.81 Acquisition Michael Toshio Nakamura Michael Toshio Nakamura   1
Loan   31 Berkshire Village Townhouses, Inc. 0.5%    NCB NCB $5,391,000 $5,363,441 $3,332,224 $16,760.75 Refinance N/A N/A   1
Loan   32 Center Point Shopping Center 0.5%    BANA BANA $5,159,000 $5,159,000 $4,303,791 $47.25 Refinance Steven J. Guttman Steven J. Guttman   1
Loan 16 33 Brazos Square 0.5%    WFB WFB $5,150,000 $5,141,209 $3,782,390 $78.60 Refinance David A. Hill; Thomas P. Darmstadter; Ray B. Baldwin, III David A. Hill; Thomas P. Darmstadter; Ray B. Baldwin, III   1
Loan   34 Lake Havasu Center 0.5%    BANA BANA $5,100,000 $5,093,688 $4,109,269 $47.05 Acquisition Linda Marie Mickel Trust U/D/T Dated September 29, 1992, As Amended Linda Marie Mickel Trust U/D/T Dated September 29, 1992, As Amended   1
Loan   35 Orange Grove Medical Plaza 0.4%    WFB WFB $5,050,000 $5,050,000 $4,512,966 $146.42 Refinance James Horvath James Horvath   1
Loan   36 Crenshaw Plaza 0.4%    WFB WFB $4,665,000 $4,665,000 $4,106,354 $176.01 Refinance Mark Rafeh; John Proia; Daniel Harrington Mark Rafeh; John Proia; Daniel Harrington   1
Loan   37 Broadstone Apartments 0.4%    BANA BANA $4,312,500 $4,312,500 $3,827,171 $43,125.00 Acquisition Raffaele Gesmundo Raffaele Gesmundo   1
Loan   38 Hopewell Garden Apartments 0.3%    BANA BANA $3,900,000 $3,900,000 $3,900,000 $56,521.74 Refinance Houlihan-Parnes Realtors, LLC Francine Parnes; The Estate of Howard L. Parnes   1
Loan   39 Secor Village 0.3%    WFB WFB $3,600,000 $3,535,733 $2,884,437 $45.05 Refinance Jabbar Yousif; Saad Roumaya; Martin Yousif; Jonathan Roumaya Jabbar Yousif; Saad Roumaya; Martin Yousif; Johnathon Roumaya   1
Loan   40 Colonial Park Townehouses Cooperative, Inc. 0.3%    NCB NCB $3,435,000 $3,417,504 $2,125,847 $17,525.66 Refinance N/A N/A   1
Loan   41 Southlands - Aurora 0.3%    WFB WFB $3,250,000 $3,250,000 $2,933,431 $264.70 Acquisition David Rosen David Rosen   1
Loan   42 Tucker Shops 0.3%    MSBNA MSMCH $3,210,000 $3,210,000 $3,210,000 $411.91 Acquisition Anthony Marinelli Anthony Marinelli   1
Loan   43 4/70 Owners Corp. 0.3%    NCCB NCB $3,000,000 $3,000,000 $3,000,000 $90,909.09 Refinance N/A N/A   1
Loan   44 Cashton, A.S., Inc. 0.3%    NCCB NCB $3,000,000 $2,995,759 $2,364,244 $74,893.97 Refinance N/A N/A   1
Loan   45 Walgreens Carlsbad NM 0.2%    WFB WFB $2,825,000 $2,825,000 $2,825,000 $194.02 Refinance William Keenan William Keenan   1
Loan   46 Sanctuary Shopping Center 0.2%    MSBNA MSMCH $2,800,000 $2,790,786 $2,312,192 $174.18 Refinance Terrazona, LLC Randall E. Raskin; Michael Moreines; Jenna Raskin Moreines   1
Loan   47 3/69 Owners Corp. 0.2%    NCCB NCB $2,500,000 $2,500,000 $2,500,000 $86,206.90 Refinance N/A N/A   1
Loan   48 Palmer Terrace Cooperative, Inc. 0.2%    NCCB NCB $2,500,000 $2,495,148 $1,782,676 $13,063.60 Refinance N/A N/A   1
Loan   49 The Shops at Commerce Village 0.2%    WFB WFB $2,250,000 $2,244,513 $1,832,460 $152.25 Acquisition Jose Evangelista; Stella Evangelista Jose Evangelista; Stella Evangelista   1
Loan   50 Sanford Apt Corp. 0.1%    NCB NCB $1,500,000 $1,500,000 $1,181,072 $28,301.89 Refinance N/A N/A   1

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                             
Property
Flag
Footnotes Loan ID Property Name General Property Type Detailed Property Type Title Type Ground Lease
Initial Lease
Expiration Date
Address City County State Zip Code Year Built Year Renovated
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio                      
Property   1.01 Restoration Hardware Distribution Industrial Warehouse Fee N/A 825 Rogers Road Patterson Stanislaus CA 95363 2015 N/A
Property   1.02 State Farm Regional HQ Office Suburban Fee N/A 64 & 66 Perimeter Center East Atlanta DeKalb GA 30346 1971; 1985 2012
Property   1.03 North Pointe I Office Suburban Fee N/A 6380 & 6440 Aviation Way West Chester Butler OH 45069 2010 N/A
Property   1.04 Corporate Campus at Norterra Office Suburban Fee N/A 25500 & 25600 North Norterra Parkway Phoenix Maricopa AZ 85085 2000 N/A
Property   1.05 CHRISTUS Health HQ Office Suburban Fee N/A 919 Hidden Ridge Irving Dallas TX 75038 1997 2012
Property   1.06 Duke Bridges I Office Suburban Fee N/A 7668 Warren Parkway Frisco Collin TX 75034 2005 N/A
Property   1.07 Wells Fargo Operations Center Office Suburban Fee N/A 8740 Research Drive Charlotte Mecklenburg NC 28262 1984 2014
Property   1.08 Ace Hardware HQ Office Suburban Fee N/A 2200 - 2222 Kensington Court Oak Brook DuPage IL 60523 1974 2012
Property   1.09 Royal Ridge V Office Suburban Fee N/A 3929 West John Carpenter Freeway Irving Dallas TX 75063 2004 N/A
Property   1.10 Comcast Regional HQ Office Suburban Fee N/A 15815 25th Avenue Lynnwood Unincorporated Snohomish WA 98087 2007 N/A
Loan 5 2 Park Square Office CBD Fee N/A 31 Saint James Avenue Boston Suffolk MA 02116 1910 2017
Loan   3 The New School Multifamily Student Housing Fee N/A 318-320 East 15th Street New York New York NY 10003 1965 2008
Loan 5 4 222 Second Street Office CBD Fee N/A 222 Second Street San Francisco San Francisco CA 94105 2015 N/A
Loan 5, 9, 10 5 Colorado Center Office CBD Fee N/A 2401, 2425, 2501 and 2525 Colorado Avenue; 2400, 2450 and 2500 Broadway Santa Monica Los Angeles CA 90404 1984-1991 2013-2016
Loan 11 6 1235 South Clark Street Office CBD Fee N/A 1235 South Clark Street Arlington Arlington VA 22202 1981 2008
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio                      
Property   7.01 Crowne Plaza Boston Natick Hospitality Full Service Fee N/A 1360 Worcester Street Natick Middlesex MA 01760 1985 2017
Property   7.02 Holiday Inn Boston-Bunker Hill Hospitality Full Service Fee N/A 30 Washington Street Somerville Middlesex MA 02143 1974 2017
Property   7.03 Hampton Inn Boston Natick Hospitality Select Service Fee N/A 319 Speen Street Natick Middlesex MA 01760 1976 2017
Loan 5, 9, 11, 12 8 237 Park Avenue Office CBD Fee/Leasehold 12/29/2058 237 Park Avenue New York New York NY 10017 1914; 1935; 1981 2017
Loan 9 9 Princeton Place Office Suburban Fee N/A 1700, 1750, 1800 American Boulevard Pennington Mercer NJ 08534 2001 2015
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III                      
Property   10.01 2121 Gardner Street Industrial Warehouse Fee N/A 2121 Gardner Street Elliston Montgomery VA 24087 2000 N/A
Property   10.02 975 Cottonwood Avenue Industrial Warehouse Fee N/A 975 Cottonwood Avenue Hartland Waukesha WI 53029 2000; 2015 N/A
Property   10.03 4925 Bulls Bay Highway Industrial Warehouse Fee N/A 4925 Bulls Bay Highway Jacksonville Duval FL 32219 2006 N/A
Property   10.04 1500 Southeast 37th Street Industrial Warehouse Fee N/A 1500 Southeast 37th Street Grimes Polk IA 50111 1961 2017
Property   10.05 1501 Industrial Boulevard Industrial Warehouse Fee N/A 1501 Industrial Boulevard Harleysville Montgomery PA 19438 1973 2013
Property   10.06 10450 Medallion Drive Industrial Warehouse Fee N/A 10450 Medallion Drive Cincinnati Hamilton OH 45241 1998 N/A
Property   10.07 1001 DDC Way Office Suburban Fee N/A 1001 DDC Way Fairfield Butler OH 45014 1981 2004
Property   10.08 1152 Armorlite Drive Industrial Warehouse Fee N/A 1152 Armorlite Drive San Marcos San Diego CA 92069 1986 N/A
Property   10.09 3800 West Broward Boulevard Office Suburban Fee N/A 3800 West Broward Boulevard Plantation Broward FL 33312 1956 2010
Property   10.10 2900 & 2950 Hill Avenue Industrial Warehouse Fee N/A 2900 & 2950 Hill Avenue Toledo Lucas OH 43607 1955 N/A
Property   10.11 1700 Highland Road Industrial Warehouse Fee N/A 1700 Highland Road Twinsburg Summit OH 44087 1986; 1996 N/A
Property   10.12 1972 Salem Industrial Drive Industrial Warehouse Fee N/A 1972 Salem Industrial Drive Salem Salem city VA 24153 1972 N/A
Property   10.13 1800 University Parkway Industrial Warehouse Fee N/A 1800 University Parkway Sarasota Sarasota FL 34243 1965 N/A
Property   10.14 621 Hunt Valley Circle Industrial Warehouse Fee N/A 621 Hunt Valley Circle New Kensington Westmoreland PA 15068 2002 2009
Property   10.15 5000 Askins Lane Industrial Warehouse Fee N/A 5000 Askins Lane Houston Harris TX 77093 1978 N/A
Property   10.16 900 Chaddick Drive Industrial Warehouse Fee N/A 900 Chaddick Drive Wheeling Cook IL 60090 1982 N/A
Property   10.17 6600 Chapek Parkway Industrial Warehouse Fee N/A 6600 Chapek Parkway Cuyahoga Heights Cuyahoga OH 44125 1952-2006 N/A
Property   10.18 53208 Columbia Drive Industrial Warehouse Fee N/A 53208 Columbia Drive Elkhart Elkhart IN 46514 2005 N/A
Property   10.19 7750 Hub Parkway Industrial Warehouse Fee N/A 7750 Hub Parkway Valley View Cuyahoga OH 44125 1971; 1980 N/A
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive Industrial Warehouse Fee N/A 21699 Torrence Avenue & 2701 Kalvelage Drive Sauk Village Cook IL 60411 1977; 2000 N/A
Property   10.21 3221 Cherry Palm Drive Industrial Warehouse Fee N/A 3221 Cherry Palm Drive Tampa Hillsborough FL 33619 1988 N/A
Loan 5 11 Pleasant Prairie Premium Outlets Retail Outlet Mall Fee N/A 11211 120th Avenue; 11601 108th Street; 110th Street Pleasant Prairie Kenosha WI 53158 1987 N/A
Loan   12 Tucson Place Shopping Center Retail Anchored Fee N/A 405-625 East Wetmore Road; 4485 North First Avenue Tucson Pima AZ 85705 1989 2004
Loan   13 Tottenville Shopping Center Retail Anchored Fee N/A 7001 Amboy Road Staten Island Richmond NY 10307 1931 2016
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio                      
Property   14.01 Cabela’s Prairie du Chien Industrial Warehouse Fee N/A 501 Cliff Haven Road Prairie du Chien Crawford WI 53821 1996-2001 N/A
Property   14.02 Cabela’s Triadelphia Industrial Warehouse Fee N/A 100 Distribution Road Triadelphia Ohio WV 26059 2005 2006
Property   14.03 Cabela’s Tooele Industrial Warehouse Fee N/A 2000 West Cabela’s Way Tooele Tooele UT 84074 2015 N/A
Loan   15 Village Crest Poughkeepsie Apartments Multifamily Garden Fee N/A 510 Maloney Road Poughkeepsie Dutchess NY 12603 1975 N/A
Loan   16 Best Western Plus Silverdale Beach Hotel Hospitality Full Service Fee N/A 3073 NW Bucklin Hill Road Silverdale Kitsap WA 98383 1987 2017
Loan   17 Country Manor Apartments Multifamily Garden Fee N/A 100-700 Stratford Lane Middletown Orange NY 10940 1973 N/A
Loan   18 Stevens Manor Apartments Multifamily Garden Fee N/A 644 Silverlake-Scotchtown Road Middletown Orange NY 10941 1971 N/A
Loan   19 Crosswinds Apartments Multifamily Garden Fee N/A 6617 Weber Road Corpus Christi Nueces TX 78413 1999 N/A
Loan 11 20 Empire Tower IV Office Suburban Fee N/A 3800 Concours Street Ontario San Bernardino CA 91764 2004 N/A
Loan   21 Park Plaza II Office Suburban Fee N/A 4683 Chabot Drive Pleasanton Alameda CA 94588 1987 N/A
Loan 13 22 La Quinta - Morgan Hill, CA Hospitality Limited Service Fee N/A 17043 Condit Road Morgan Hill Santa Clara CA 95037 2016 N/A
Loan   23 Grand Prairie West All Storage Self Storage Self Storage Fee N/A 1102 West Pioneer Parkway Grand Prairie Dallas TX 75051 2001 N/A
Loan   24 Four Corners Shopping Center Retail Anchored Fee N/A 120 Circle Way; 310 This Way Lake Jackson Brazoria TX 77566 1979 2015
Loan   25 Richmond Ranch Retail Shadow Anchored Fee N/A 117 & 220-250 Richmond Ranch Road & 2507-2535 Richmond Road Texarkana Bowie TX 75503 2005 N/A
Loan   26 5700 Lake Worth Road Office Medical Fee N/A 5700 and 5702 Lake Worth Road Greenacres Palm Beach FL 33463 1986 N/A
Loan   27 2575 Owners Corp. Multifamily Cooperative Fee N/A 2575 Palisade Avenue Riverdale Bronx NY 10463 1959 2016
Loan 11 28 St. Mary’s Plaza Retail Anchored Fee N/A 1501-1551 West St. Mary’s Road Tucson Pima AZ 85745 1980 N/A
Loan 9 29 The Children’s Hospital of Philadelphia Office Medical Fee N/A 821 Bethlehem Pike Erdenheim Montgomery PA 19038 2017 N/A
Loan   30 Meridian Center Office Suburban Fee N/A 6501 & 6531 Park of Commerce Blvd Boca Raton Palm Beach FL 33487 1987 N/A
Loan   31 Berkshire Village Townhouses, Inc. Multifamily Cooperative Fee N/A 1862 South 31st Street Kansas City Wyandotte KS 66106 1964-1967 2005
Loan   32 Center Point Shopping Center Retail Anchored Fee N/A 2532 Center Point Parkway Birmingham Jefferson AL 35215 1977 N/A
Loan 16 33 Brazos Square Retail Shadow Anchored Fee N/A 120 Highway 332 West Lake Jackson Brazoria TX 77566 1985 2006
Loan   34 Lake Havasu Center Retail Anchored Fee N/A 1795 North Kiowa Boulevard Lake Havasu City Mohave AZ 86403 1990 2012
Loan   35 Orange Grove Medical Plaza Office Medical Fee N/A 1845 West Orange Grove Road Tucson Pima AZ 85704 1991 N/A
Loan   36 Crenshaw Plaza Retail Unanchored Fee N/A 14730 Crenshaw Boulevard Gardena Los Angeles CA 90249 1955 2016
Loan   37 Broadstone Apartments Multifamily Garden Fee N/A 2720 South Broadway Avenue Tyler Smith TX 75701 1974 N/A
Loan   38 Hopewell Garden Apartments Multifamily Garden Fee N/A 228 Route 376 East Fishkill Dutchess NY 12533 1960 N/A
Loan   39 Secor Village Other Leased Fee Fee N/A 3436 Secor Road Toledo Lucas OH 43606 N/A N/A
Loan   40 Colonial Park Townehouses Cooperative, Inc. Multifamily Cooperative Fee N/A 2557 SE Golden Avenue Topeka Shawnee KS 66605 1966-1967 2007
Loan   41 Southlands - Aurora Retail Unanchored Fee N/A 23963 East Prospect Avenue Aurora Arapahoe CO 80016 2005 N/A
Loan   42 Tucker Shops Retail Unanchored Fee N/A 4070 - 4076 Lavista Road Tucker DeKalb GA 30084 2017 N/A
Loan   43 4/70 Owners Corp. Multifamily Cooperative Fee N/A 4 East 70th Street New York New York NY 10021 1937-1938 2007
Loan   44 Cashton, A.S., Inc. Multifamily Cooperative Fee N/A 150-152 East 83rd Street New York New York NY 10028 1892 1999
Loan   45 Walgreens Carlsbad NM Retail Single Tenant Fee N/A 1401 West Pierce Street Carlsbad Eddy NM 88220 2004 N/A
Loan   46 Sanctuary Shopping Center Retail Unanchored Fee N/A 10740 West Lower Buckeye Road Avondale Maricopa AZ 85323 2006 N/A
Loan   47 3/69 Owners Corp. Multifamily Cooperative Fee N/A 3 East 69th Street New York New York NY 10021 1937-1938 2007
Loan   48 Palmer Terrace Cooperative, Inc. Multifamily Cooperative Fee N/A 324 Palmer Terrace Mamaroneck Westchester NY 10543 1950-1963 1997
Loan   49 The Shops at Commerce Village Retail Unanchored Fee N/A 2220 Union Lake Road Commerce Township Oakland MI 48382 2005 N/A
Loan   50 Sanford Apt Corp. Multifamily Cooperative Fee N/A 144-44 Sanford Avenue Flushing Queens NY 11355 1928 2002

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                             
Property
Flag
Footnotes Loan ID Property Name Size Units of
Measure
Occupancy Rate(2) Occupancy Rate
As-of Date
Appraised
Value
Appraised Value
As-of Date
  Mortgage
Rate
Administrative
Fee Rate(3)
Master Servicing
Fee Rate
Primary Servicing
Fee Rate
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio 3,708,698 SF 98.4%   $610,000,000 9/21/2017   3.7700% 0.01471% 0.00250% 0.00250%
Property   1.01 Restoration Hardware Distribution 1,501,387 SF 100.0% 11/1/2017 $120,000,000 9/1/2017          
Property   1.02 State Farm Regional HQ 584,785 SF 89.6% 9/1/2017 $122,000,000 9/6/2017          
Property   1.03 North Pointe I 409,798 SF 100.0% 11/1/2017 $61,000,000 9/6/2017          
Property   1.04 Corporate Campus at Norterra 232,648 SF 100.0% 11/1/2017 $60,000,000 9/6/2017          
Property   1.05 CHRISTUS Health HQ 253,340 SF 100.0% 9/1/2017 $55,690,000 9/8/2017          
Property   1.06 Duke Bridges I 158,135 SF 100.0% 11/1/2017 $42,270,000 9/8/2017          
Property   1.07 Wells Fargo Operations Center 155,579 SF 100.0% 11/1/2017 $41,500,000 9/6/2017          
Property   1.08 Ace Hardware HQ 206,030 SF 100.0% 11/1/2017 $35,000,000 9/5/2017          
Property   1.09 Royal Ridge V 119,611 SF 100.0% 11/1/2017 $32,900,000 9/8/2017          
Property   1.10 Comcast Regional HQ 87,385 SF 100.0% 11/1/2017 $21,700,000 9/5/2017          
Loan 5 2 Park Square 503,312 SF 95.9% 9/1/2017 $281,000,000 8/9/2017   4.1460% 0.01480% 0.00250% 0.00250%
Loan   3 The New School 648 Beds 100.0% 11/1/2017 $161,500,000 7/6/2017   3.9370% 0.01380% 0.00250% 0.00250%
Loan 5 4 222 Second Street 452,418 SF 100.0% 11/1/2017 $516,000,000 7/26/2017   3.9260% 0.01196% 0.00250% 0.00000%
Loan 5, 9, 10 5 Colorado Center 1,176,161 SF 91.5% 7/1/2017 $1,212,500,000 7/10/2017   3.5625% 0.01071% 0.00250% 0.00000%
Loan 11 6 1235 South Clark Street 384,025 SF 83.0% 10/1/2017 $115,000,000 8/22/2017   3.9390% 0.01380% 0.00250% 0.00250%
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio 623 Rooms 74.2%   $108,800,000     4.8520% 0.01380% 0.00250% 0.00250%
Property   7.01 Crowne Plaza Boston Natick 251 Rooms 71.8% 7/31/2017 $43,200,000 8/30/2017          
Property   7.02 Holiday Inn Boston-Bunker Hill 184 Rooms 79.7% 7/31/2017 $38,800,000 8/28/2017          
Property   7.03 Hampton Inn Boston Natick 188 Rooms 72.1% 7/31/2017 $26,800,000 8/30/2017          
Loan 5, 9, 11, 12 8 237 Park Avenue 1,251,717 SF 95.6% 6/29/2017 $1,310,000,000 5/22/2017   3.7515% 0.01071% 0.00250% 0.00000%
Loan 9 9 Princeton Place 306,534 SF 86.9% 9/27/2017 $74,000,000 8/1/2017   4.1920% 0.01380% 0.00250% 0.00250%
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III 2,886,593 SF 100.0%   $166,300,000 6/16/2017   4.1800% 0.01580% 0.00250% 0.00250%
Property   10.01 2121 Gardner Street 378,270 SF 100.0% 11/1/2017 $21,900,000 6/5/2017          
Property   10.02 975 Cottonwood Avenue 175,042 SF 100.0% 11/1/2017 $13,500,000 5/23/2017          
Property   10.03 4925 Bulls Bay Highway 198,408 SF 100.0% 11/1/2017 $13,150,000 5/30/2017          
Property   10.04 1500 Southeast 37th Street 248,257 SF 100.0% 11/1/2017 $10,000,000 5/25/2017          
Property   10.05 1501 Industrial Boulevard 112,253 SF 100.0% 11/1/2017 $9,800,000 6/1/2017          
Property   10.06 10450 Medallion Drive 151,506 SF 100.0% 11/1/2017 $9,800,000 5/24/2017          
Property   10.07 1001 DDC Way 66,444 SF 100.0% 11/1/2017 $8,510,000 5/25/2017          
Property   10.08 1152 Armorlite Drive 44,313 SF 100.0% 11/1/2017 $6,930,000 6/2/2017          
Property   10.09 3800 West Broward Boulevard 32,688 SF 100.0% 11/1/2017 $6,800,000 6/1/2017          
Property   10.10 2900 & 2950 Hill Avenue 237,698 SF 100.0% 11/1/2017 $6,750,000 5/25/2017          
Property   10.11 1700 Highland Road 115,169 SF 100.0% 11/1/2017 $6,525,000 6/2/2017          
Property   10.12 1972 Salem Industrial Drive 317,144 SF 100.0% 11/1/2017 $6,500,000 6/5/2017          
Property   10.13 1800 University Parkway 105,752 SF 100.0% 11/1/2017 $6,400,000 5/30/2017          
Property   10.14 621 Hunt Valley Circle 61,796 SF 100.0% 11/1/2017 $5,200,000 5/25/2017          
Property   10.15 5000 Askins Lane 100,040 SF 100.0% 11/1/2017 $4,850,000 6/1/2017          
Property   10.16 900 Chaddick Drive 75,902 SF 100.0% 11/1/2017 $4,700,000 6/2/2017          
Property   10.17 6600 Chapek Parkway 157,950 SF 100.0% 11/1/2017 $4,500,000 6/2/2017          
Property   10.18 53208 Columbia Drive 117,938 SF 100.0% 11/1/2017 $4,400,000 6/1/2017          
Property   10.19 7750 Hub Parkway 83,404 SF 100.0% 11/1/2017 $4,225,000 6/2/2017          
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive 67,995 SF 100.0% 11/1/2017 $2,800,000 6/1/2017          
Property   10.21 3221 Cherry Palm Drive 38,624 SF 100.0% 11/1/2017 $2,700,000 5/30/2017          
Loan 5 11 Pleasant Prairie Premium Outlets 402,615 SF 93.0% 7/26/2017 $290,000,000 7/20/2017   3.9950% 0.01196% 0.00250% 0.00000%
Loan   12 Tucson Place Shopping Center 273,519 SF 96.6% 7/31/2017 $34,700,000 9/7/2017   4.5800% 0.01380% 0.00250% 0.00250%
Loan   13 Tottenville Shopping Center 49,046 SF 97.2% 9/1/2017 $34,500,000 8/25/2017   4.1100% 0.01380% 0.00250% 0.00250%
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio 2,894,885 SF 100.0%   $133,000,000     4.3590% 0.01196% 0.00250% 0.00250%
Property   14.01 Cabela’s Prairie du Chien 1,130,862 SF 100.0% 11/1/2017 $49,500,000 7/1/2017          
Property   14.02 Cabela’s Triadelphia 1,165,360 SF 100.0% 11/1/2017 $46,600,000 7/1/2017          
Property   14.03 Cabela’s Tooele 598,663 SF 100.0% 11/1/2017 $36,900,000 7/1/2017          
Loan   15 Village Crest Poughkeepsie Apartments 246 Units 99.6% 9/6/2017 $30,900,000 9/6/2017   4.0258% 0.01380% 0.00250% 0.00250%
Loan   16 Best Western Plus Silverdale Beach Hotel 151 Rooms 84.8% 7/31/2017 $28,500,000 9/1/2017   5.0900% 0.01380% 0.00250% 0.00250%
Loan   17 Country Manor Apartments 180 Units 93.9% 9/6/2017 $21,400,000 9/6/2017   4.0258% 0.01380% 0.00250% 0.00250%
Loan   18 Stevens Manor Apartments 162 Units 95.1% 9/6/2017 $19,300,000 9/6/2017   4.0258% 0.01380% 0.00250% 0.00250%
Loan   19 Crosswinds Apartments 176 Units 92.6% 8/21/2017 $15,700,000 7/21/2017   4.3500% 0.01380% 0.00250% 0.00250%
Loan 11 20 Empire Tower IV 76,452 SF 100.0% 10/9/2017 $17,700,000 8/2/2017   4.5500% 0.01380% 0.00250% 0.00250%
Loan   21 Park Plaza II 51,882 SF 90.3% 10/31/2017 $14,220,000 8/18/2017   4.4400% 0.01380% 0.00250% 0.00250%
Loan 13 22 La Quinta - Morgan Hill, CA 104 Rooms 70.1% 7/31/2017 $19,500,000 8/30/2017   4.5590% 0.01380% 0.00250% 0.00250%
Loan   23 Grand Prairie West All Storage 121,828 SF 85.0% 8/4/2017 $15,000,000 8/4/2017   3.8400% 0.01380% 0.00250% 0.00250%
Loan   24 Four Corners Shopping Center 65,541 SF 90.5% 6/1/2017 $11,000,000 7/23/2017   4.3400% 0.04380% 0.00250% 0.03250%
Loan   25 Richmond Ranch 58,555 SF 93.9% 9/1/2017 $11,300,000 8/21/2017   4.2890% 0.01380% 0.00250% 0.00250%
Loan   26 5700 Lake Worth Road 51,053 SF 98.2% 9/25/2017 $10,100,000 10/3/2017   4.5320% 0.01380% 0.00250% 0.00250%
Loan   27 2575 Owners Corp. 118 Units 98.0% 8/23/2017 $49,100,000 8/23/2017   3.6000% 0.08880% 0.08000% 0.00000%
Loan 11 28 St. Mary’s Plaza 78,204 SF 91.7% 9/28/2017 $10,700,000 8/11/2017   4.0900% 0.01380% 0.00250% 0.00250%
Loan 9 29 The Children’s Hospital of Philadelphia 13,810 SF 100.0% 11/1/2017 $8,000,000 3/1/2018   4.8700% 0.01380% 0.00250% 0.00250%
Loan   30 Meridian Center 51,978 SF 90.7% 9/30/2017 $8,600,000 8/21/2017   4.8800% 0.06380% 0.00250% 0.05250%
Loan   31 Berkshire Village Townhouses, Inc. 320 Units 95.0% 6/15/2017 $16,500,000 6/15/2017   4.3800% 0.08880% 0.08000% 0.00000%
Loan   32 Center Point Shopping Center 109,174 SF 94.2% 8/31/2017 $7,370,000 8/1/2017   4.5200% 0.01380% 0.00250% 0.00250%
Loan 16 33 Brazos Square 65,408 SF 85.5% 9/1/2017 $9,445,000 9/15/2017   4.4200% 0.07130% 0.00250% 0.06000%
Loan   34 Lake Havasu Center 108,251 SF 100.0% 8/29/2017 $9,000,000 8/15/2017   4.3300% 0.01380% 0.00250% 0.00250%
Loan   35 Orange Grove Medical Plaza 34,489 SF 87.9% 8/1/2017 $7,000,000 7/12/2017   4.2900% 0.01380% 0.00250% 0.00250%
Loan   36 Crenshaw Plaza 26,504 SF 100.0% 5/6/2017 $7,170,000 5/1/2017   4.6600% 0.01380% 0.00250% 0.00250%
Loan   37 Broadstone Apartments 100 Units 91.0% 9/11/2017 $5,875,000 8/17/2017   5.0350% 0.09130% 0.00250% 0.08000%
Loan   38 Hopewell Garden Apartments 69 Units 97.1% 9/6/2017 $6,300,000 9/6/2017   4.0258% 0.01380% 0.00250% 0.00250%
Loan   39 Secor Village 78,485 SF 100.0% 11/1/2017 $5,260,000 8/23/2016   4.1700% 0.07130% 0.00250% 0.06000%
Loan   40 Colonial Park Townehouses Cooperative, Inc. 195 Units 95.0% 6/15/2017 $9,800,000 6/15/2017   4.4100% 0.08880% 0.08000% 0.00000%
Loan   41 Southlands - Aurora 12,278 SF 100.0% 7/25/2017 $4,750,000 8/4/2017   4.8100% 0.09130% 0.00250% 0.08000%
Loan   42 Tucker Shops 7,793 SF 100.0% 10/1/2017 $6,750,000 9/9/2017   4.4200% 0.08130% 0.00250% 0.07000%
Loan   43 4/70 Owners Corp. 33 Units 97.9% 9/18/2017 $68,100,000 9/18/2017   3.7100% 0.08880% 0.08000% 0.00000%
Loan   44 Cashton, A.S., Inc. 40 Units 96.8% 7/7/2017 $19,500,000 7/7/2017   3.7100% 0.08880% 0.08000% 0.00000%
Loan   45 Walgreens Carlsbad NM 14,560 SF 100.0% 11/1/2017 $4,920,000 6/8/2017   4.6300% 0.01380% 0.00250% 0.00250%
Loan   46 Sanctuary Shopping Center 16,022 SF 100.0% 5/24/2017 $3,900,000 5/22/2017   5.0700% 0.09130% 0.00250% 0.08000%
Loan   47 3/69 Owners Corp. 29 Units 97.8% 9/18/2017 $72,300,000 9/18/2017   3.7100% 0.08880% 0.08000% 0.00000%
Loan   48 Palmer Terrace Cooperative, Inc. 191 Units 97.0% 8/1/2017 $47,100,000 8/1/2017   3.6600% 0.08880% 0.08000% 0.00000%
Loan   49 The Shops at Commerce Village 14,742 SF 96.0% 8/1/2017 $3,000,000 8/8/2017   4.6500% 0.01380% 0.00250% 0.00250%
Loan   50 Sanford Apt Corp. 53 Units 98.0% 8/4/2017 $13,170,000 8/4/2017   3.6900% 0.08880% 0.08000% 0.00000%

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

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

Period (mos.)
Original
Amortization
Term (mos.)
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio 0.00000% 0.00619% 0.00275% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Property   1.01 Restoration Hardware Distribution                          
Property   1.02 State Farm Regional HQ                          
Property   1.03 North Pointe I                          
Property   1.04 Corporate Campus at Norterra                          
Property   1.05 CHRISTUS Health HQ                          
Property   1.06 Duke Bridges I                          
Property   1.07 Wells Fargo Operations Center                          
Property   1.08 Ace Hardware HQ                          
Property   1.09 Royal Ridge V                          
Property   1.10 Comcast Regional HQ                          
Loan 5 2 Park Square 0.00000% 0.00619% 0.00284% 0.00027% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan   3 The New School 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 5 4 222 Second Street 0.00250% 0.00619% 0.00000% 0.00027% 0.00050% Actual/360 2 Yes 120 118 120 118 0
Loan 5, 9, 10 5 Colorado Center 0.00125% 0.00619% 0.00000% 0.00027% 0.00050% Actual/360 3 No 120 117 120 117 0
Loan 11 6 1235 South Clark Street 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 60 60 360
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 0 0 360
Property   7.01 Crowne Plaza Boston Natick                          
Property   7.02 Holiday Inn Boston-Bunker Hill                          
Property   7.03 Hampton Inn Boston Natick                          
Loan 5, 9, 11, 12 8 237 Park Avenue 0.00125% 0.00619% 0.00000% 0.00027% 0.00050% Actual/360 3 No 120 117 120 117 0
Loan 9 9 Princeton Place 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III 0.00000% 0.00619% 0.00384% 0.00027% 0.00050% Actual/360 0 No 120 120 60 60 360
Property   10.01 2121 Gardner Street                          
Property   10.02 975 Cottonwood Avenue                          
Property   10.03 4925 Bulls Bay Highway                          
Property   10.04 1500 Southeast 37th Street                          
Property   10.05 1501 Industrial Boulevard                          
Property   10.06 10450 Medallion Drive                          
Property   10.07 1001 DDC Way                          
Property   10.08 1152 Armorlite Drive                          
Property   10.09 3800 West Broward Boulevard                          
Property   10.10 2900 & 2950 Hill Avenue                          
Property   10.11 1700 Highland Road                          
Property   10.12 1972 Salem Industrial Drive                          
Property   10.13 1800 University Parkway                          
Property   10.14 621 Hunt Valley Circle                          
Property   10.15 5000 Askins Lane                          
Property   10.16 900 Chaddick Drive                          
Property   10.17 6600 Chapek Parkway                          
Property   10.18 53208 Columbia Drive                          
Property   10.19 7750 Hub Parkway                          
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive                          
Property   10.21 3221 Cherry Palm Drive                          
Loan 5 11 Pleasant Prairie Premium Outlets 0.00250% 0.00619% 0.00000% 0.00027% 0.00050% Actual/360 2 No 120 118 120 118 0
Loan   12 Tucson Place Shopping Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 0 0 360
Loan   13 Tottenville Shopping Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio 0.00000% 0.00619% 0.00000% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Property   14.01 Cabela’s Prairie du Chien                          
Property   14.02 Cabela’s Triadelphia                          
Property   14.03 Cabela’s Tooele                          
Loan   15 Village Crest Poughkeepsie Apartments 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   16 Best Western Plus Silverdale Beach Hotel 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 300
Loan   17 Country Manor Apartments 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   18 Stevens Manor Apartments 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   19 Crosswinds Apartments 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 24 24 360
Loan 11 20 Empire Tower IV 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 60 60 360
Loan   21 Park Plaza II 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 36 35 360
Loan 13 22 La Quinta - Morgan Hill, CA 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 60 59 36 35 360
Loan   23 Grand Prairie West All Storage 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   24 Four Corners Shopping Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 36 35 360
Loan   25 Richmond Ranch 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 36 35 360
Loan   26 5700 Lake Worth Road 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 24 24 360
Loan   27 2575 Owners Corp. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan 11 28 St. Mary’s Plaza 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan 9 29 The Children’s Hospital of Philadelphia 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 3 No 120 117 0 0 360
Loan   30 Meridian Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 0 0 360
Loan   31 Berkshire Village Townhouses, Inc. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 2 No 120 118 0 0 240
Loan   32 Center Point Shopping Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 12 11 360
Loan 16 33 Brazos Square 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 300
Loan   34 Lake Havasu Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   35 Orange Grove Medical Plaza 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 48 47 360
Loan   36 Crenshaw Plaza 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 4 No 120 116 36 32 360
Loan   37 Broadstone Apartments 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 36 35 360
Loan   38 Hopewell Garden Apartments 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 120 119 0
Loan   39 Secor Village 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 13 No 120 107 0 0 360
Loan   40 Colonial Park Townehouses Cooperative, Inc. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 2 No 120 118 0 0 240
Loan   41 Southlands - Aurora 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 48 47 360
Loan   42 Tucker Shops 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan   43 4/70 Owners Corp. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan   44 Cashton, A.S., Inc. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 360
Loan   45 Walgreens Carlsbad NM 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 2 No 60 58 60 58 0
Loan   46 Sanctuary Shopping Center 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 3 No 120 117 0 0 360
Loan   47 3/69 Owners Corp. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 120 120 0
Loan   48 Palmer Terrace Cooperative, Inc. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 1 No 120 119 0 0 300
Loan   49 The Shops at Commerce Village 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 2 No 120 118 0 0 360
Loan   50 Sanford Apt Corp. 0.00000% 0.00619% 0.00184% 0.00027% 0.00050% Actual/360 0 No 120 120 0 0 360

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                               
Property
Flag
Footnotes Loan ID Property Name Remaining
Amortization
Term (mos.)
Note Date First
Payment
Date
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Final Maturity
Date
Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)
Annual Debt
Service
(P&I)
Annual Debt
Service
(IO)
Lockbox Type Cash Management Status
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio 0 9/29/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $350,383.10 $0.00 $4,204,597.20 Hard Springing
Property   1.01 Restoration Hardware Distribution                        
Property   1.02 State Farm Regional HQ                        
Property   1.03 North Pointe I                        
Property   1.04 Corporate Campus at Norterra                        
Property   1.05 CHRISTUS Health HQ                        
Property   1.06 Duke Bridges I                        
Property   1.07 Wells Fargo Operations Center                        
Property   1.08 Ace Hardware HQ                        
Property   1.09 Royal Ridge V                        
Property   1.10 Comcast Regional HQ                        
Loan 5 2 Park Square 0 10/13/2017 12/1/2017 N/A 11/1/2027 N/A $0.00 $350,298.61 $0.00 $4,203,583.32 Hard Springing
Loan   3 The New School 0 10/6/2017 11/11/2017 N/A 10/11/2027 N/A $0.00 $306,028.84 $0.00 $3,672,346.08 Hard In Place
Loan 5 4 222 Second Street 0 8/30/2017 10/10/2017 N/A 9/10/2027 9/10/2029 $0.00 $270,344.18 $0.00 $3,244,130.16 Hard Springing
Loan 5, 9, 10 5 Colorado Center 0 7/28/2017 9/9/2017 N/A 8/9/2027 N/A $0.00 $240,798.61 $0.00 $2,889,583.32 Hard Springing
Loan 11 6 1235 South Clark Street 360 10/12/2017 12/1/2017 12/1/2022 11/1/2027 N/A $369,646.11 $259,591.04 $4,435,753.32 $3,115,092.48 Hard Springing
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio 360 10/6/2017 12/1/2017 N/A 11/1/2027 N/A $385,303.54 $0.00 $4,623,642.48 $0.00 Hard Springing
Property   7.01 Crowne Plaza Boston Natick                        
Property   7.02 Holiday Inn Boston-Bunker Hill                        
Property   7.03 Hampton Inn Boston Natick                        
Loan 5, 9, 11, 12 8 237 Park Avenue 0 7/26/2017 9/9/2017 N/A 8/9/2027 N/A $0.00 $221,895.34 $0.00 $2,662,744.08 Hard Springing
Loan 9 9 Princeton Place 0 9/29/2017 11/11/2017 N/A 10/11/2027 N/A $0.00 $181,980.35 $0.00 $2,183,764.20 Hard Springing
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III 360 10/12/2017 12/5/2017 12/5/2022 11/5/2027 N/A $243,925.29 $176,585.65 $2,927,103.48 $2,119,027.80 Hard Springing
Property   10.01 2121 Gardner Street                        
Property   10.02 975 Cottonwood Avenue                        
Property   10.03 4925 Bulls Bay Highway                        
Property   10.04 1500 Southeast 37th Street                        
Property   10.05 1501 Industrial Boulevard                        
Property   10.06 10450 Medallion Drive                        
Property   10.07 1001 DDC Way                        
Property   10.08 1152 Armorlite Drive                        
Property   10.09 3800 West Broward Boulevard                        
Property   10.10 2900 & 2950 Hill Avenue                        
Property   10.11 1700 Highland Road                        
Property   10.12 1972 Salem Industrial Drive                        
Property   10.13 1800 University Parkway                        
Property   10.14 621 Hunt Valley Circle                        
Property   10.15 5000 Askins Lane                        
Property   10.16 900 Chaddick Drive                        
Property   10.17 6600 Chapek Parkway                        
Property   10.18 53208 Columbia Drive                        
Property   10.19 7750 Hub Parkway                        
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive                        
Property   10.21 3221 Cherry Palm Drive                        
Loan 5 11 Pleasant Prairie Premium Outlets 0 8/16/2017 10/1/2017 N/A 9/1/2027 N/A $0.00 $151,893.23 $0.00 $1,822,718.76 Hard Springing
Loan   12 Tucson Place Shopping Center 360 10/13/2017 12/11/2017 N/A 11/11/2027 N/A $132,976.95 $0.00 $1,595,723.40 $0 Springing Springing
Loan   13 Tottenville Shopping Center 0 9/22/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $76,743.78 $0.00 $920,925.36 Springing Springing
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio 0 9/25/2017 11/6/2017 N/A 10/6/2027 N/A $0.00 $78,446.86 $0.00 $941,362.32 Hard Springing
Property   14.01 Cabela’s Prairie du Chien                        
Property   14.02 Cabela’s Triadelphia                        
Property   14.03 Cabela’s Tooele                        
Loan   15 Village Crest Poughkeepsie Apartments 0 9/29/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $68,198.64 $0.00 $818,383.68 Soft Springing
Loan   16 Best Western Plus Silverdale Beach Hotel 299 9/21/2017 11/1/2017 N/A 10/1/2027 N/A $88,476.85 $0.00 $1,061,722.20 $0 Springing Springing
Loan   17 Country Manor Apartments 0 9/29/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $46,259.42 $0.00 $555,113.04 Soft Springing
Loan   18 Stevens Manor Apartments 0 9/29/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $42,347.78 $0.00 $508,173.36 Soft Springing
Loan   19 Crosswinds Apartments 360 10/2/2017 12/1/2017 12/1/2019 11/1/2027 N/A $57,683.94 $42,588.09 $692,207.28 $511,057.08 Springing Springing
Loan 11 20 Empire Tower IV 360 10/13/2017 12/11/2017 12/11/2022 11/11/2027 N/A $56,062.66 $42,287.62 $672,751.92 $507,451.44 Springing Springing
Loan   21 Park Plaza II 360 9/29/2017 11/11/2017 11/11/2020 10/11/2027 N/A $51,822.03 $38,639.31 $621,864.36 $463,671.72 Springing Springing
Loan 13 22 La Quinta - Morgan Hill, CA 360 9/22/2017 11/1/2017 11/1/2020 10/1/2022 N/A $45,917.73 $34,667.40 $551,012.76 $416,008.80 Springing Springing
Loan   23 Grand Prairie West All Storage 359 9/19/2017 11/1/2017 N/A 10/1/2027 N/A $38,395.46 $0.00 $460,745.52 $0 Springing Springing
Loan   24 Four Corners Shopping Center 360 9/12/2017 11/11/2017 11/11/2020 10/11/2027 N/A $37,291.73 $27,501.74 $447,500.76 $330,020.88 N/A N/A
Loan   25 Richmond Ranch 360 9/21/2017 11/11/2017 11/11/2020 10/11/2027 N/A $36,078.48 $26,453.80 $432,941.76 $317,445.60 N/A N/A
Loan   26 5700 Lake Worth Road 360 10/11/2017 12/1/2017 12/1/2019 11/1/2027 N/A $36,364.07 $27,378.21 $436,368.84 $328,538.52 Hard Springing
Loan   27 2575 Owners Corp. 359 9/28/2017 11/1/2017 N/A 10/1/2027 N/A $31,825.17 $0.00 $381,902.04 $0 N/A N/A
Loan 11 28 St. Mary’s Plaza 0 9/28/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $22,461.86 $0.00 $269,542.32 Springing Springing
Loan 9 29 The Children’s Hospital of Philadelphia 357 7/14/2017 9/11/2017 N/A 8/11/2027 N/A $31,734.29 $0.00 $380,811.48 $0 Springing Springing
Loan   30 Meridian Center 360 10/10/2017 12/1/2017 N/A 11/1/2027 N/A $29,123.15 $0.00 $349,477.80 $0 Springing Springing
Loan   31 Berkshire Village Townhouses, Inc. 238 8/29/2017 10/1/2017 N/A 9/1/2027 N/A $33,757.92 $0.00 $405,095.04 $0 N/A N/A
Loan   32 Center Point Shopping Center 360 9/26/2017 11/1/2017 11/1/2018 10/1/2027 N/A $26,201.24 $19,702.13 $314,414.88 $236,425.56 Springing Springing
Loan 16 33 Brazos Square 299 9/29/2017 11/11/2017 N/A 10/11/2027 N/A $28,392.02 $0.00 $340,704.24 $0 N/A N/A
Loan   34 Lake Havasu Center 359 9/15/2017 11/1/2017 N/A 10/1/2027 N/A $25,328.36 $0.00 $303,940.32 $0.00 Springing Springing
Loan   35 Orange Grove Medical Plaza 360 9/26/2017 11/11/2017 11/11/2021 10/11/2027 N/A $24,961.36 $18,304.50 $299,536.32 $219,654.00 Springing Springing
Loan   36 Crenshaw Plaza 360 7/6/2017 8/11/2017 8/11/2020 7/11/2027 N/A $24,082.42 $18,367.36 $288,989.04 $220,408.32 N/A N/A
Loan   37 Broadstone Apartments 360 9/25/2017 11/1/2017 11/1/2020 10/1/2027 N/A $23,242.77 $18,345.84 $278,913.24 $220,150.08 Springing Springing
Loan   38 Hopewell Garden Apartments 0 9/29/2017 11/1/2017 N/A 10/1/2027 N/A $0.00 $13,265.57 $0.00 $159,186.84 Soft Springing
Loan   39 Secor Village 347 9/22/2016 11/11/2016 N/A 10/11/2026 N/A $17,541.64 $0.00 $210,499.68 $0 N/A N/A
Loan   40 Colonial Park Townehouses Cooperative, Inc. 238 8/30/2017 10/1/2017 N/A 9/1/2027 N/A $21,564.98 $0.00 $258,779.76 $0 N/A N/A
Loan   41 Southlands - Aurora 360 9/28/2017 11/11/2017 11/11/2021 10/11/2027 N/A $17,071.27 $13,208.02 $204,855.24 $158,496.24 N/A N/A
Loan   42 Tucker Shops 0 10/10/2017 12/1/2017 N/A 11/1/2027 N/A $0.00 $11,987.72 $0.00 $143,852.64 Springing Springing
Loan   43 4/70 Owners Corp. 0 10/2/2017 12/1/2017 N/A 11/1/2027 N/A $0.00 $9,403.82 $0.00 $112,845.84 N/A N/A
Loan   44 Cashton, A.S., Inc. 359 9/26/2017 11/1/2017 N/A 10/1/2027 N/A $13,825.46 $0.00 $165,905.52 $0 N/A N/A
Loan   45 Walgreens Carlsbad NM 0 9/1/2017 10/11/2017 N/A 9/11/2022 N/A $0.00 $11,051.18 $0.00 $132,614.16 Springing Springing
Loan   46 Sanctuary Shopping Center 357 7/12/2017 9/1/2017 N/A 8/1/2027 N/A $15,151.02 $0.00 $181,812.24 $0 Springing Springing
Loan   47 3/69 Owners Corp. 0 10/2/2017 12/1/2017 N/A 11/1/2027 N/A $0.00 $7,836.52 $0.00 $94,038.24 N/A N/A
Loan   48 Palmer Terrace Cooperative, Inc. 299 9/14/2017 11/1/2017 N/A 10/1/2027 N/A $12,731.14 $0.00 $152,773.68 $0 N/A N/A
Loan   49 The Shops at Commerce Village 358 9/8/2017 10/11/2017 N/A 9/11/2027 N/A $11,601.83 $0.00 $139,221.96 $0 N/A N/A
Loan   50 Sanford Apt Corp. 360 10/11/2017 12/1/2017 N/A 11/1/2027 N/A $6,895.76 $0.00 $82,749.12 $0 N/A N/A

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                   
Property
Flag
Footnotes Loan ID Property Name Crossed With
Other Loans
Related-Borrower Loans UW NOI
DSCR (P&I)
UW NOI
DSCR (IO)
UW NCF
DSCR (P&I)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio
Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)
Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)
YM
Formula
 
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio No N/A N/A 2.67x N/A 2.49x 61.5% 61.5% 0 0 First LO(24);YM1(90);O(6) A  
Property   1.01 Restoration Hardware Distribution                            
Property   1.02 State Farm Regional HQ                            
Property   1.03 North Pointe I                            
Property   1.04 Corporate Campus at Norterra                            
Property   1.05 CHRISTUS Health HQ                            
Property   1.06 Duke Bridges I                            
Property   1.07 Wells Fargo Operations Center                            
Property   1.08 Ace Hardware HQ                            
Property   1.09 Royal Ridge V                            
Property   1.10 Comcast Regional HQ                            
Loan 5 2 Park Square No N/A N/A 1.98x N/A 1.89x 56.9% 56.9% 3 3 First LO(24);YM1(92);O(4) B  
Loan   3 The New School No N/A N/A 2.28x N/A 2.27x 57.0% 57.0% 5 0 Eleventh LO(25);DEF(91);O(4)    
Loan 5 4 222 Second Street No N/A N/A 1.96x N/A 1.84x 56.5% 56.5% 0 0 Tenth LO(26);DEF(87);O(7)    
Loan 5, 9, 10 5 Colorado Center No N/A N/A 5.14x N/A 4.83x 24.6% 24.6% 0 2 days once every 12 month period Ninth LO(27);DEF(86);O(7)    
Loan 11 6 1235 South Clark Street No N/A 2.03x 2.88x 1.91x 2.72x 67.8% 61.6% 5 4 First LO(24);DEF(89);O(7)    
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio No N/A 2.09x N/A 1.81x N/A 67.1% 55.0% 5 5 First LO(24);YM1(92);O(4) C  
Property   7.01 Crowne Plaza Boston Natick                            
Property   7.02 Holiday Inn Boston-Bunker Hill                            
Property   7.03 Hampton Inn Boston Natick                            
Loan 5, 9, 11, 12 8 237 Park Avenue No N/A N/A 4.32x N/A 4.10x 26.6% 26.6% 5 0 Ninth LO(27);DEF(86);O(7)    
Loan 9 9 Princeton Place No N/A N/A 2.35x N/A 2.18x 69.4% 69.4% 0 0 Eleventh LO(25);DEF(88);O(7)    
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III No N/A 1.60x 2.21x 1.48x 2.04x 72.5% 66.1% 5 0 Fifth LO(24);DEF(89);O(7)    
Property   10.01 2121 Gardner Street                            
Property   10.02 975 Cottonwood Avenue                            
Property   10.03 4925 Bulls Bay Highway                            
Property   10.04 1500 Southeast 37th Street                            
Property   10.05 1501 Industrial Boulevard                            
Property   10.06 10450 Medallion Drive                            
Property   10.07 1001 DDC Way                            
Property   10.08 1152 Armorlite Drive                            
Property   10.09 3800 West Broward Boulevard                            
Property   10.10 2900 & 2950 Hill Avenue                            
Property   10.11 1700 Highland Road                            
Property   10.12 1972 Salem Industrial Drive                            
Property   10.13 1800 University Parkway                            
Property   10.14 621 Hunt Valley Circle                            
Property   10.15 5000 Askins Lane                            
Property   10.16 900 Chaddick Drive                            
Property   10.17 6600 Chapek Parkway                            
Property   10.18 53208 Columbia Drive                            
Property   10.19 7750 Hub Parkway                            
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive                            
Property   10.21 3221 Cherry Palm Drive                            
Loan 5 11 Pleasant Prairie Premium Outlets No N/A N/A 2.77x N/A 2.66x 50.0% 50.0% 0 0 First LO(26);DEF(87);O(7)    
Loan   12 Tucson Place Shopping Center No N/A 1.57x N/A 1.49x N/A 74.9% 60.9% 0 0 Eleventh LO(24);DEF(92);O(4)    
Loan   13 Tottenville Shopping Center No N/A N/A 1.87x N/A 1.80x 64.1% 64.1% 5 5 First LO(25);DEF(90);O(5)    
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio No N/A N/A 2.90x N/A 2.63x 53.4% 53.4% 0 0 Sixth LO(24);YM1(1);DEF/YM1(88);O(7) D  
Property   14.01 Cabela’s Prairie du Chien                            
Property   14.02 Cabela’s Triadelphia                            
Property   14.03 Cabela’s Tooele                            
Loan   15 Village Crest Poughkeepsie Apartments No Group A N/A 2.46x N/A 2.38x 64.9% 64.9% 5 4 First LO(25);DEF(91);O(4)    
Loan   16 Best Western Plus Silverdale Beach Hotel No N/A 2.15x N/A 1.94x N/A 52.6% 39.6% 5 5 First LO(25);DEF(91);O(4)    
Loan   17 Country Manor Apartments No Group A N/A 2.48x N/A 2.40x 63.6% 63.6% 5 4 First LO(25);DEF(91);O(4)    
Loan   18 Stevens Manor Apartments No Group A N/A 2.39x N/A 2.31x 64.5% 64.5% 5 4 First LO(25);DEF(91);O(4)    
Loan   19 Crosswinds Apartments No N/A 1.50x 2.03x 1.43x 1.94x 73.8% 62.9% 5 5 First LO(24);DEF(92);O(4)    
Loan 11 20 Empire Tower IV No N/A 1.64x 2.17x 1.51x 2.00x 62.1% 57.0% 0 0 Eleventh LO(24);YM1(92);O(4) E  
Loan   21 Park Plaza II No N/A 1.62x 2.17x 1.37x 1.83x 72.4% 63.4% 0 0 Eleventh LO(25);DEF(91);O(4)    
Loan 13 22 La Quinta - Morgan Hill, CA No N/A 2.49x 3.30x 2.23x 2.95x 46.2% 44.8% 5 4 First LO(25);DEF(30);O(5)    
Loan   23 Grand Prairie West All Storage No N/A 1.92x N/A 1.87x N/A 54.6% 43.3% 5 5 First LO(25);DEF(90);O(5)    
Loan   24 Four Corners Shopping Center No N/A 1.86x 2.52x 1.72x 2.33x 68.2% 59.6% 0 0 Eleventh LO(25);DEF(91);O(4)    
Loan   25 Richmond Ranch No N/A 1.86x 2.54x 1.70x 2.31x 64.6% 56.4% 0 0 Eleventh LO(25);DEF/YM1(88);O(7) F  
Loan   26 5700 Lake Worth Road No N/A 1.63x 2.16x 1.46x 1.93x 70.8% 60.6% 5 4 First LO(24);DEF(92);O(4)    
Loan   27 2575 Owners Corp. No N/A 5.54x N/A 5.43x N/A 14.2% 11.2% 10 10 First YM1(113);1%(3);O(4) G  
Loan 11 28 St. Mary’s Plaza No N/A N/A 2.71x N/A 2.60x 60.7% 60.7% 5 5 First LO(25);DEF(91);O(4)    
Loan 9 29 The Children’s Hospital of Philadelphia No N/A 1.27x N/A 1.26x N/A 74.7% 61.5% 0 0 Eleventh LO(27);DEF(89);O(4)    
Loan   30 Meridian Center No N/A 1.88x N/A 1.64x N/A 64.0% 52.5% 5 5 First LO(24);DEF(92);O(4)    
Loan   31 Berkshire Village Townhouses, Inc. No N/A 3.97x N/A 3.66x N/A 32.5% 20.2% 10 10 First YM1(113);1%(3);O(4) G  
Loan   32 Center Point Shopping Center No N/A 2.18x 2.89x 1.95x 2.59x 70.0% 58.4% 5 4 First LO(25);DEF(91);O(4)    
Loan 16 33 Brazos Square No N/A 2.04x N/A 1.85x N/A 54.4% 40.0% 0 0 Eleventh LO(25);DEF(91);O(4)    
Loan   34 Lake Havasu Center No N/A 2.17x N/A 1.96x N/A 56.6% 45.7% 5 4 First LO(25);DEF(90);O(5)    
Loan   35 Orange Grove Medical Plaza No N/A 1.85x 2.53x 1.75x 2.39x 72.1% 64.5% 0 0 Eleventh LO(25);DEF(91);O(4)    
Loan   36 Crenshaw Plaza No N/A 1.48x 1.94x 1.36x 1.78x 65.1% 57.3% 0 0 Eleventh LO(28);DEF(88);O(4)    
Loan   37 Broadstone Apartments No N/A 1.59x 2.01x 1.50x 1.90x 73.4% 65.1% 5 4 First LO(25);DEF(91);O(4)    
Loan   38 Hopewell Garden Apartments No Group A N/A 2.82x N/A 2.71x 61.9% 61.9% 5 4 First LO(25);DEF(91);O(4)    
Loan   39 Secor Village No N/A 1.18x N/A 1.14x N/A 67.2% 54.8% 0 0 Eleventh LO(37);DEF(79);O(4)    
Loan   40 Colonial Park Townehouses Cooperative, Inc. No N/A 3.72x N/A 3.41x N/A 34.9% 21.7% 10 10 First YM1(113);1%(3);O(4) G  
Loan   41 Southlands - Aurora No N/A 1.23x 1.58x 1.19x 1.53x 68.4% 61.8% 0 0 Eleventh LO(25);DEF(91);O(4)    
Loan   42 Tucker Shops No N/A N/A 2.56x N/A 2.46x 47.6% 47.6% 5 5 First LO(24);DEF(92);O(4)    
Loan   43 4/70 Owners Corp. No N/A N/A 16.75x N/A 16.61x 4.4% 4.4% 10 10 First YM1(113);1%(3);O(4) G  
Loan   44 Cashton, A.S., Inc. No N/A 4.19x N/A 4.11x N/A 15.4% 12.1% 10 10 First YM1(113);1%(3);O(4) G  
Loan   45 Walgreens Carlsbad NM No N/A N/A 2.14x N/A 2.13x 57.4% 57.4% 0 0 Eleventh LO(26);DEF(30);O(4)    
Loan   46 Sanctuary Shopping Center No N/A 1.75x N/A 1.60x N/A 71.6% 59.3% 5 5 First LO(27);DEF(89);O(4)    
Loan   47 3/69 Owners Corp. No N/A N/A 20.90x N/A 20.73x 3.5% 3.5% 10 10 First YM1(113);1%(3);O(4) G  
Loan   48 Palmer Terrace Cooperative, Inc. No N/A 16.49x N/A 16.15x N/A 5.3% 3.8% 10 10 First YM1(113);1%(3);O(4) G  
Loan   49 The Shops at Commerce Village No N/A 1.60x N/A 1.49x N/A 74.8% 61.1% 0 0 Eleventh LO(26);DEF(90);O(4)    
Loan   50 Sanford Apt Corp. No N/A 6.13x N/A 5.99x N/A 11.4% 9.0% 10 10 First YM1(113);1%(3);O(4) G  

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                 
Property
Flag
Footnotes Loan ID Property Name   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
Second
Most Recent
NOI Date
Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Most
 Recent Expenses
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio   $37,692,649 $10,913,927 $26,778,722 12/31/2015 7.1% $52,468,474 $16,049,042 $36,419,432 12/31/2016 9.7% $53,078,885 $16,389,774
Property   1.01 Restoration Hardware Distribution   $2,730,117 $421,425 $2,308,692 12/31/2015   $7,922,342 $1,735,336 $6,187,006 12/31/2016   $8,028,759 $1,995,571
Property   1.02 State Farm Regional HQ   $7,175,683 $2,325,157 $4,850,526 12/31/2015   $11,859,572 $4,454,970 $7,404,602 12/31/2016   $11,675,335 $4,275,112
Property   1.03 North Pointe I   $5,779,627 $1,659,836 $4,119,792 12/31/2015   $6,772,011 $1,906,212 $4,865,800 12/31/2016   $6,619,695 $1,853,901
Property   1.04 Corporate Campus at Norterra   $5,931,856 $2,366,863 $3,564,993 12/31/2015   $6,158,229 $2,434,617 $3,723,611 12/31/2016   $6,201,249 $2,563,259
Property   1.05 CHRISTUS Health HQ   $5,816,526 $2,521,037 $3,295,489 12/31/2015   $6,124,702 $2,679,469 $3,445,233 12/31/2016   $6,149,427 $2,691,404
Property   1.06 Duke Bridges I   $1,945,910 $628,705 $1,317,205 12/31/2015   $3,349,104 $1,017,641 $2,331,463 12/31/2016   $3,230,469 $1,114,136
Property   1.07 Wells Fargo Operations Center   $3,277,710 $478,244 $2,799,466 12/31/2015   $3,043,730 $391,963 $2,651,767 12/31/2016   $3,116,003 $332,110
Property   1.08 Ace Hardware HQ   $3,031,467 $264,608 $2,766,860 12/31/2015   $3,013,303 $270,234 $2,743,069 12/31/2016   $3,079,587 $296,059
Property   1.09 Royal Ridge V   $0 $0 $0 12/31/2015   $2,152,998 $874,647 $1,278,351 12/31/2016   $2,885,615 $1,007,695
Property   1.10 Comcast Regional HQ   $2,003,752 $248,052 $1,755,700 12/31/2015   $2,072,482 $283,952 $1,788,530 12/31/2016   $2,092,746 $260,527
Loan 5 2 Park Square   $14,364,186 $7,389,301 $6,974,885 12/31/2015 4.4% $17,983,012 $7,235,571 $10,747,441 12/31/2016 6.7% $19,524,604 $7,512,859
Loan   3 The New School   $9,767,297 $1,545,976 $8,221,320 12/31/2015 8.9% $10,114,650 $1,642,509 $8,472,140 12/31/2016 9.2% $10,182,563 $1,768,649
Loan 5 4 222 Second Street   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 5, 9, 10 5 Colorado Center   $64,597,706 $20,072,749 $44,524,957 12/31/2014 14.9% $49,031,481 $18,916,122 $30,115,359 12/31/2015 10.1% $40,968,828 $17,405,107
Loan 11 6 1235 South Clark Street   $12,542,388 $4,283,592 $8,258,796 12/31/2015 10.6% $12,734,457 $4,241,415 $8,493,042 12/31/2016 10.9% $12,925,817 $4,324,423
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio   $32,081,994 $22,619,023 $9,462,971 12/31/2015 13.0% $31,813,685 $22,822,523 $8,991,162 12/31/2016 12.3% $31,998,851 $22,798,515
Property   7.01 Crowne Plaza Boston Natick   $13,061,906 $9,653,541 $3,408,365 12/31/2015   $13,194,395 $9,717,897 $3,476,498 12/31/2016   $13,246,343 $9,735,522
Property   7.02 Holiday Inn Boston-Bunker Hill   $10,528,021 $7,610,243 $2,917,778 12/31/2015   $10,132,010 $7,327,203 $2,804,807 12/31/2016   $10,266,957 $7,244,626
Property   7.03 Hampton Inn Boston Natick   $8,492,067 $5,355,239 $3,136,828 12/31/2015   $8,487,280 $5,777,423 $2,709,857 12/31/2016   $8,485,551 $5,818,367
Loan 5, 9, 11, 12 8 237 Park Avenue   $62,241,004 $29,847,060 $32,393,944 12/31/2014 9.3% $49,006,350 $29,516,874 $19,489,476 12/31/2015 5.6% $50,441,783 $30,595,950
Loan 9 9 Princeton Place   $791,044 $2,675,314 -$1,884,270 12/31/2015 -3.7% $1,063,364 $2,734,670 -$1,671,305 12/31/2016 -3.3% $2,805,328 $3,254,747
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III   $13,982,587 $2,356,524 $11,626,063 12/31/2015 9.6% $14,325,613 $2,270,350 $12,055,263 12/31/2016 10.0% $14,448,506 $2,245,198
Property   10.01 2121 Gardner Street   $1,726,060 $141,500 $1,584,560 12/31/2015   $1,802,598 $180,000 $1,622,598 12/31/2016   $1,818,254 $180,000
Property   10.02 975 Cottonwood Avenue   $942,343 $102,000 $840,343 12/31/2015   $1,070,945 $102,000 $968,945 12/31/2016   $1,085,265 $102,000
Property   10.03 4925 Bulls Bay Highway   $1,074,648 $144,900 $929,748 12/31/2015   $1,125,644 $168,000 $957,644 12/31/2016   $1,142,332 $172,000
Property   10.04 1500 Southeast 37th Street   $831,109 $161,998 $669,111 12/31/2015   $832,588 $144,000 $688,588 12/31/2016   $841,972 $144,000
Property   10.05 1501 Industrial Boulevard   $764,253 $144,000 $620,253 12/31/2015   $761,760 $126,000 $635,760 12/31/2016   $763,658 $120,000
Property   10.06 10450 Medallion Drive   $930,062 $205,000 $725,062 12/31/2015   $986,812 $240,000 $746,812 12/31/2016   $997,876 $240,000
Property   10.07 1001 DDC Way   $747,837 $110,000 $637,837 12/31/2015   $733,377 $78,000 $655,377 12/31/2016   $742,287 $78,000
Property   10.08 1152 Armorlite Drive   $541,680 $72,016 $469,664 12/31/2015   $553,416 $72,000 $481,416 12/31/2016   $559,434 $72,000
Property   10.09 3800 West Broward Boulevard   $575,628 $54,360 $521,268 12/31/2015   $606,300 $72,000 $534,300 12/31/2016   $612,978 $72,000
Property   10.10 2900 & 2950 Hill Avenue   $691,888 $180,000 $511,888 12/31/2015   $655,039 $127,800 $527,239 12/31/2016   $645,529 $110,400
Property   10.11 1700 Highland Road   $558,940 $88,200 $470,740 12/31/2015   $571,884 $88,200 $483,684 12/31/2016   $578,472 $88,200
Property   10.12 1972 Salem Industrial Drive   $583,301 $46,800 $536,501 12/31/2015   $596,189 $46,800 $549,389 12/31/2016   $601,489 $46,800
Property   10.13 1800 University Parkway   $542,267 $88,500 $453,767 12/31/2015   $557,355 $90,000 $467,355 12/31/2016   $563,372 $90,000
Property   10.14 621 Hunt Valley Circle   $531,432 $64,200 $467,232 12/31/2015   $543,108 $64,200 $478,908 12/31/2016   $549,096 $64,200
Property   10.15 5000 Askins Lane   $395,670 $79,500 $316,170 12/31/2015   $415,318 $90,000 $325,318 12/31/2016   $419,741 $90,000
Property   10.16 900 Chaddick Drive   $659,941 $282,500 $377,441 12/31/2015   $653,424 $276,000 $377,424 12/31/2016   $653,424 $276,000
Property   10.17 6600 Chapek Parkway   $396,479 $84,000 $312,479 12/31/2015   $405,717 $63,998 $341,719 12/31/2016   $414,731 $68,998
Property   10.18 53208 Columbia Drive   $456,659 $60,000 $396,659 12/31/2015   $464,336 $57,500 $406,836 12/31/2016   $462,404 $50,000
Property   10.19 7750 Hub Parkway   $462,029 $149,550 $312,479 12/31/2015   $405,969 $84,252 $321,717 12/31/2016   $406,731 $81,000
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive   $263,193 $48,300 $214,893 12/31/2015   $271,512 $50,400 $221,112 12/31/2016   $274,517 $50,400
Property   10.21 3221 Cherry Palm Drive   $307,168 $49,200 $257,968 12/31/2015   $312,322 $49,200 $263,122 12/31/2016   $314,944 $49,200
Loan 5 11 Pleasant Prairie Premium Outlets   $20,836,161 $6,247,059 $14,589,102 12/31/2015 10.1% $21,147,401 $5,990,013 $15,157,388 12/31/2016 10.5% $21,668,323 $5,841,756
Loan   12 Tucson Place Shopping Center   $3,261,213 $860,082 $2,401,132 12/31/2015 9.2% $3,311,111 $984,843 $2,326,269 12/31/2016 8.9% $3,396,468 $921,108
Loan   13 Tottenville Shopping Center   $1,290,878 $392,461 $898,417 12/31/2015 4.1% $1,745,856 $428,534 $1,317,322 12/31/2016 6.0% $1,912,634 $556,093
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Property   14.01 Cabela’s Prairie du Chien   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   14.02 Cabela’s Triadelphia   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   14.03 Cabela’s Tooele   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   15 Village Crest Poughkeepsie Apartments   $3,302,363 $1,525,236 $1,777,127 12/31/2015 8.9% $3,366,303 $1,512,989 $1,853,314 12/31/2016 9.2% $3,470,017 $1,524,332
Loan   16 Best Western Plus Silverdale Beach Hotel   $5,020,026 $2,915,092 $2,104,934 12/31/2015 14.1% $5,354,460 $3,116,055 $2,238,405 12/31/2016 14.9% $5,610,026 $3,301,840
Loan   17 Country Manor Apartments   $2,236,060 $1,053,166 $1,182,894 12/31/2015 8.7% $2,276,924 $1,077,450 $1,199,474 12/31/2016 8.8% $2,321,527 $1,075,376
Loan   18 Stevens Manor Apartments   $1,962,925 $876,945 $1,085,980 12/31/2015 8.7% $2,042,646 $955,010 $1,087,636 12/31/2016 8.7% $2,126,815 $924,814
Loan   19 Crosswinds Apartments   $2,049,279 $912,321 $1,136,958 12/31/2015 9.8% $2,016,168 $997,602 $1,018,566 12/31/2016 8.8% $2,036,449 $962,205
Loan 11 20 Empire Tower IV   $1,655,379 $648,761 $1,006,618 12/31/2015 9.2% $1,681,098 $625,046 $1,056,052 12/31/2016 9.6% $1,864,787 $571,128
Loan   21 Park Plaza II   $1,217,969 $529,080 $688,889 12/31/2015 6.7% $980,529 $452,560 $527,969 12/31/2016 5.1% $1,155,558 $588,099
Loan 13 22 La Quinta - Morgan Hill, CA   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $3,641,019 $2,252,334
Loan   23 Grand Prairie West All Storage   $1,199,813 $424,833 $774,980 12/31/2015 9.5% $1,302,831 $392,945 $909,886 12/31/2016 11.1% $1,336,510 $347,401
Loan   24 Four Corners Shopping Center   $517,567 $211,151 $306,416 12/31/2015 4.1% $816,134 $233,992 $582,142 12/31/2016 7.8% $912,196 $232,806
Loan   25 Richmond Ranch   $1,171,213 $337,036 $834,177 12/31/2015 11.4% $1,165,590 $347,701 $817,889 12/31/2016 11.2% $1,190,097 $349,486
Loan   26 5700 Lake Worth Road   $994,753 $326,400 $668,353 12/31/2015 9.3% $963,050 $317,992 $645,058 12/31/2016 9.0% $1,115,266 $328,819
Loan   27 2575 Owners Corp.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 11 28 St. Mary’s Plaza   $797,498 $247,532 $549,966 12/31/2015 8.5% $806,645 $257,918 $548,727 12/31/2016 8.4% $878,768 $333,014
Loan 9 29 The Children’s Hospital of Philadelphia   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   30 Meridian Center   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $928,593 $325,274
Loan   31 Berkshire Village Townhouses, Inc.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   32 Center Point Shopping Center   $777,449 $244,588 $532,861 12/31/2015 10.3% $833,652 $248,327 $585,325 12/31/2016 11.3% $853,333 $236,214
Loan 16 33 Brazos Square   $1,011,725 $315,355 $696,371 12/31/2015 13.5% $1,195,112 $352,799 $842,313 12/31/2016 16.4% $1,173,497 $366,468
Loan   34 Lake Havasu Center   $830,341 $138,777 $691,564 12/31/2015 13.6% $845,790 $172,764 $673,026 12/31/2016 13.2% $813,888 $165,271
Loan   35 Orange Grove Medical Plaza   $771,716 $273,931 $497,785 12/31/2015 9.9% $820,483 $268,975 $551,508 12/31/2016 10.9% $773,834 $232,639
Loan   36 Crenshaw Plaza   $226,538 $110,776 $115,762 12/31/2015 2.5% $316,935 $112,539 $204,396 12/31/2016 4.4% $452,758 $107,033
Loan   37 Broadstone Apartments   $783,421 $430,256 $353,165 12/31/2015 8.2% $784,466 $427,570 $356,896 12/31/2016 8.3% $837,980 $442,737
Loan   38 Hopewell Garden Apartments   $801,539 $458,737 $342,802 12/31/2015 8.8% $842,622 $423,558 $419,064 12/31/2016 10.7% $863,877 $454,156
Loan   39 Secor Village   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $250,000 $0
Loan   40 Colonial Park Townehouses Cooperative, Inc.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   41 Southlands - Aurora   $436,602 $198,385 $238,217 12/31/2015 7.3% $394,046 $197,984 $196,062 12/31/2016 6.0% $416,448 $194,139
Loan   42 Tucker Shops   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   43 4/70 Owners Corp.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   44 Cashton, A.S., Inc.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   45 Walgreens Carlsbad NM   $295,000 $0 $295,000 12/31/2014 10.4% $295,000 $0 $295,000 12/31/2015 10.4% $295,000 $0
Loan   46 Sanctuary Shopping Center   $424,519 $173,157 $251,362 12/31/2014 9.0% $422,742 $141,394 $281,349 12/31/2015 10.1% $429,167 $157,751
Loan   47 3/69 Owners Corp.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   48 Palmer Terrace Cooperative, Inc.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   49 The Shops at Commerce Village   $273,364 $69,230 $204,134 12/31/2015 9.1% $297,498 $80,266 $217,232 12/31/2016 9.7% $324,717 $100,464
Loan   50 Sanford Apt Corp.   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                   
Property
Flag
Footnotes Loan ID Property Name   Most
Recent NOI
Most
Recent
NOI Date
Most
Recent NOI
Debt Yield
Underwritten
Occupancy Rate
Underwritten
Effective Gross Income
Underwritten Total
Expenses
Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves
Underwritten
TI/LC
Underwritten NCF Underwritten NCF Debt Yield  
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio   $36,689,111 6/30/2017 TTM 9.8% 93.1% $54,906,442 $16,595,713 $38,310,729 10.2% $591,601 $2,066,126 $35,653,002 9.5%  
Property   1.01 Restoration Hardware Distribution   $6,033,188 6/30/2017 TTM   95.0% $7,923,304 $1,806,767 $6,116,537   $150,139 $300,277 $5,666,121    
Property   1.02 State Farm Regional HQ   $7,400,223 6/30/2017 TTM   87.1% $12,485,699 $4,833,549 $7,652,150   $116,957 $467,828 $7,067,365    
Property   1.03 North Pointe I   $4,765,794 6/30/2017 TTM   95.0% $6,609,735 $1,798,899 $4,810,836   $81,960 $327,838 $4,401,038    
Property   1.04 Corporate Campus at Norterra   $3,637,990 6/30/2017 TTM   95.0% $6,336,045 $2,530,233 $3,805,812   $46,530 $186,118 $3,573,164    
Property   1.05 CHRISTUS Health HQ   $3,458,023 6/30/2017 TTM   95.0% $6,395,756 $2,651,837 $3,743,919   $50,668 $202,672 $3,490,579    
Property   1.06 Duke Bridges I   $2,116,333 6/30/2017 TTM   95.0% $4,202,308 $1,106,492 $3,095,816   $31,627 $126,508 $2,937,681    
Property   1.07 Wells Fargo Operations Center   $2,783,893 6/30/2017 TTM   95.0% $3,002,029 $367,890 $2,634,139   $31,116 $124,463 $2,478,560    
Property   1.08 Ace Hardware HQ   $2,783,528 6/30/2017 TTM   95.0% $2,998,140 $328,603 $2,669,537   $41,206 $164,824 $2,463,507    
Property   1.09 Royal Ridge V   $1,877,920 6/30/2017 TTM   95.0% $3,034,446 $915,275 $2,119,171   $23,922 $95,689 $1,999,560    
Property   1.10 Comcast Regional HQ   $1,832,219 6/30/2017 TTM   95.0% $1,918,980 $256,168 $1,662,812   $17,477 $69,908 $1,575,427    
Loan 5 2 Park Square   $12,011,745 7/31/2017 TTM 7.5% 95.0% $21,269,911 $7,975,517 $13,294,394 8.3% $98,987 $503,312 $12,692,096 7.9%  
Loan   3 The New School   $8,413,914 6/30/2017 TTM 9.1% 95.0% $10,473,210 $2,107,881 $8,365,329 9.1% $42,000 $0 $8,323,329 9.0%  
Loan 5 4 222 Second Street   N/A N/A N/A 95.0% $35,316,832 $12,580,939 $22,735,893 7.8% $67,863 $1,357,254 $21,310,776 7.3%  
Loan 5, 9, 10 5 Colorado Center   $23,563,721 12/31/2016 7.9% 100.0% $73,131,018 $17,770,483 $55,360,535 18.6% $235,232 $3,160,222 $51,965,081 17.4%  
Loan 11 6 1235 South Clark Street   $8,601,394 7/31/2017 TTM 11.0% 82.2% $13,324,018 $4,340,255 $8,983,763 11.5% $96,006 $399,697 $8,488,059 10.9%  
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio   $9,200,336 7/31/2017 TTM 12.6% 100.0% $31,998,851 $22,348,776 $9,650,075 13.2% $1,279,954 $0 $8,370,121 11.5%  
Property   7.01 Crowne Plaza Boston Natick   $3,510,821 7/31/2017 TTM   100.0% $13,246,343 $9,504,253 $3,742,090   $529,854 $0 $3,212,236    
Property   7.02 Holiday Inn Boston-Bunker Hill   $3,022,331 7/31/2017 TTM   100.0% $10,266,957 $7,076,955 $3,190,002   $410,678 $0 $2,779,324    
Property   7.03 Hampton Inn Boston Natick   $2,667,184 7/31/2017 TTM   100.0% $8,485,551 $5,767,568 $2,717,983   $339,422 $0 $2,378,561    
Loan 5, 9, 11, 12 8 237 Park Avenue   $19,845,834 12/31/2016 5.7% 95.6% $88,903,875 $31,737,396 $57,166,479 16.4% $312,929 $2,608,515 $54,245,035 15.6%  
Loan 9 9 Princeton Place   -$449,419 6/30/2017 TTM -0.9% 89.9% $8,701,791 $3,570,930 $5,130,862 10.0% $68,805 $306,534 $4,755,523 9.3%  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III   $12,203,308 6/30/2017 TTM 10.1% 95.0% $15,292,243 $3,981,653 $11,310,590 9.4% $298,573 $596,602 $10,415,416 8.6%  
Property   10.01 2121 Gardner Street   $1,638,254 6/30/2017 TTM   100.0% $2,062,450 $387,747 $1,674,703   $37,827 $87,002 $1,549,874    
Property   10.02 975 Cottonwood Avenue   $983,265 6/30/2017 TTM   100.0% $1,223,928 $205,262 $1,018,666   $17,504 $33,258 $967,904    
Property   10.03 4925 Bulls Bay Highway   $970,332 6/30/2017 TTM   100.0% $1,243,942 $257,216 $986,726   $19,841 $53,570 $913,316    
Property   10.04 1500 Southeast 37th Street   $697,972 6/30/2017 TTM   100.0% $992,306 $275,561 $716,745   $24,826 $17,378 $674,541    
Property   10.05 1501 Industrial Boulevard   $643,658 6/30/2017 TTM   100.0% $872,202 $213,931 $658,271   $11,225 $25,818 $621,228    
Property   10.06 10450 Medallion Drive   $757,876 6/30/2017 TTM   100.0% $1,118,726 $335,117 $783,609   $15,151 $48,482 $719,977    
Property   10.07 1001 DDC Way   $664,287 6/30/2017 TTM   100.0% $814,158 $127,549 $686,609   $13,289 $50,497 $622,823    
Property   10.08 1152 Armorlite Drive   $487,434 6/30/2017 TTM   100.0% $436,922 $101,352 $335,570   $4,431 $24,815 $306,324    
Property   10.09 3800 West Broward Boulevard   $540,978 6/30/2017 TTM   100.0% $631,482 $82,762 $548,720   $6,538 $37,918 $504,265    
Property   10.10 2900 & 2950 Hill Avenue   $535,129 6/30/2017 TTM   100.0% $846,184 $305,152 $541,032   $23,770 $14,262 $503,001    
Property   10.11 1700 Highland Road   $490,272 6/30/2017 TTM   100.0% $660,594 $153,880 $506,714   $11,517 $12,669 $482,528    
Property   10.12 1972 Salem Industrial Drive   $554,689 6/30/2017 TTM   100.0% $736,290 $200,127 $536,163   $31,714 $28,543 $475,906    
Property   10.13 1800 University Parkway   $473,372 6/30/2017 TTM   100.0% $630,659 $151,061 $479,598   $10,575 $26,438 $442,585    
Property   10.14 621 Hunt Valley Circle   $484,896 6/30/2017 TTM   100.0% $595,335 $104,091 $491,244   $6,180 $15,449 $469,616    
Property   10.15 5000 Askins Lane   $329,741 6/30/2017 TTM   100.0% $484,886 $145,675 $339,211   $10,004 $50,020 $279,187    
Property   10.16 900 Chaddick Drive   $377,424 6/30/2017 TTM   0.0% $0 $314,806 -$314,806   $7,590 $0 -$322,396    
Property   10.17 6600 Chapek Parkway   $345,733 6/30/2017 TTM   100.0% $496,986 $169,621 $327,365   $15,795 $7,898 $303,673    
Property   10.18 53208 Columbia Drive   $412,404 6/30/2017 TTM   100.0% $540,532 $123,784 $416,748   $11,794 $30,664 $374,291    
Property   10.19 7750 Hub Parkway   $325,731 6/30/2017 TTM   100.0% $496,986 $169,621 $327,365   $8,340 $6,672 $312,353    
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive   $224,117 6/30/2017 TTM   100.0% $318,473 $87,695 $230,778   $6,800 $13,599 $210,379    
Property   10.21 3221 Cherry Palm Drive   $265,744 6/30/2017 TTM   100.0% $339,738 $73,689 $266,049   $3,862 $11,650 $250,537    
Loan 5 11 Pleasant Prairie Premium Outlets   $15,826,567 6/30/2017 TTM 10.9% 95.5% $22,589,594 $6,316,284 $16,273,310 11.2% $80,523 $588,251 $15,604,536 10.8%  
Loan   12 Tucson Place Shopping Center   $2,475,359 7/31/2017 TTM 9.5% 94.5% $3,574,240 $1,061,194 $2,513,046 9.7% $54,704 $87,663 $2,370,680 9.1%  
Loan   13 Tottenville Shopping Center   $1,356,542 7/31/2017 TTM 6.1% 95.0% $2,323,137 $604,162 $1,718,975 7.8% $7,357 $49,997 $1,661,620 7.5%  
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio   N/A N/A N/A 95.0% $11,896,414 $2,790,022 $9,106,392 12.8% $434,233 $434,233 $8,237,926 11.6%  
Property   14.01 Cabela’s Prairie du Chien   N/A N/A   N/A N/A N/A N/A   N/A N/A N/A    
Property   14.02 Cabela’s Triadelphia   N/A N/A   N/A N/A N/A N/A   N/A N/A N/A    
Property   14.03 Cabela’s Tooele   N/A N/A   N/A N/A N/A N/A   N/A N/A N/A    
Loan   15 Village Crest Poughkeepsie Apartments   $1,945,685 7/31/2017 TTM 9.7% 95.0% $3,431,017 $1,420,045 $2,010,972 10.0% $61,500 $0 $1,949,472 9.7%  
Loan   16 Best Western Plus Silverdale Beach Hotel   $2,308,186 7/31/2017 TTM 15.4% 84.8% $5,610,026 $3,326,302 $2,283,724 15.2% $224,401 $0 $2,059,323 13.7%  
Loan   17 Country Manor Apartments   $1,246,151 7/31/2017 TTM 9.2% 94.0% $2,439,245 $1,061,005 $1,378,240 10.1% $45,000 $0 $1,333,240 9.8%  
Loan   18 Stevens Manor Apartments   $1,202,001 7/31/2017 TTM 9.7% 95.0% $2,142,498 $930,317 $1,212,181 9.7% $40,500 $0 $1,171,681 9.4%  
Loan   19 Crosswinds Apartments   $1,074,244 3/31/2017 TTM 9.3% 92.6% $2,049,550 $1,014,512 $1,035,039 8.9% $44,000 $0 $991,039 8.6%  
Loan 11 20 Empire Tower IV   $1,293,659 7/31/2017 TTM 11.8% 90.0% $1,780,297 $677,842 $1,102,455 10.0% $16,537 $72,905 $1,013,012 9.2%  
Loan   21 Park Plaza II   $567,459 7/31/2017 TTM 5.5% 90.0% $1,601,232 $594,353 $1,006,879 9.8% $12,923 $143,963 $849,994 8.3%  
Loan 13 22 La Quinta - Morgan Hill, CA   $1,388,685 7/31/2017 TTM 15.4% 70.1% $3,641,019 $2,267,176 $1,373,843 15.3% $145,641 $0 $1,228,202 13.6%  
Loan   23 Grand Prairie West All Storage   $989,109 5/31/2017 TTM 12.1% 84.3% $1,305,379 $420,993 $884,385 10.8% $21,362 $0 $863,024 10.5%  
Loan   24 Four Corners Shopping Center   $679,391 6/30/2017 YTD 9.1% 89.2% $1,118,540 $286,981 $831,559 11.1% $13,108 $49,156 $769,296 10.3%  
Loan   25 Richmond Ranch   $840,611 6/30/2017 TTM 11.5% 90.0% $1,192,643 $386,032 $806,611 11.0% $17,567 $54,934 $734,110 10.1%  
Loan   26 5700 Lake Worth Road   $786,447 6/30/2017 TTM 11.0% 91.0% $1,037,614 $327,106 $710,508 9.9% $12,763 $62,213 $635,532 8.9%  
Loan   27 2575 Owners Corp.   N/A N/A N/A 98.0% $3,785,989 $1,670,327 $2,115,662 30.3% $42,000 $0 $2,073,662 29.7%  
Loan 11 28 St. Mary’s Plaza   $545,754 6/30/2017 TTM 8.4% 90.0% $1,017,587 $287,596 $729,991 11.2% $11,731 $18,012 $700,248 10.8%  
Loan 9 29 The Children’s Hospital of Philadelphia   N/A N/A N/A 97.0% $675,587 $193,702 $481,885 8.1% $1,381 $0 $480,504 8.0%  
Loan   30 Meridian Center   $603,319 12/31/2016 11.0% 91.0% $1,078,458 $421,403 $657,055 11.9% $10,396 $72,249 $574,410 10.4%  
Loan   31 Berkshire Village Townhouses, Inc.   N/A N/A N/A 95.0% $3,346,964 $1,736,730 $1,610,234 30.0% $128,000 $0 $1,482,234 27.6%  
Loan   32 Center Point Shopping Center   $617,119 7/31/2017 TTM 12.0% 92.6% $906,596 $222,570 $684,026 13.3% $21,835 $50,129 $612,062 11.9%  
Loan 16 33 Brazos Square   $807,029 6/30/2017 TTM 15.7% 85.2% $1,049,157 $355,614 $693,543 13.5% $13,082 $49,056 $631,405 12.3%  
Loan   34 Lake Havasu Center   $648,617 7/31/2017 TTM 12.7% 95.0% $827,572 $167,206 $660,366 13.0% $21,650 $44,182 $594,534 11.7%  
Loan   35 Orange Grove Medical Plaza   $541,195 8/31/2017 TTM 10.7% 88.0% $810,241 $255,422 $554,820 11.0% $7,588 $22,400 $524,833 10.4%  
Loan   36 Crenshaw Plaza   $345,725 5/31/2017 TTM 7.4% 95.0% $610,672 $183,541 $427,131 9.2% $5,301 $30,195 $391,635 8.4%  
Loan   37 Broadstone Apartments   $395,243 7/31/2017 TTM 9.2% 93.6% $861,644 $418,423 $443,221 10.3% $25,000 $0 $418,221 9.7%  
Loan   38 Hopewell Garden Apartments   $409,721 7/31/2017 TTM 10.5% 95.0% $855,702 $406,355 $449,347 11.5% $17,250 $0 $432,097 11.1%  
Loan   39 Secor Village   $250,000 9/30/2016 TTM 7.1% 99.0% $249,975 $2,500 $247,475 7.0% $7,849 $0 $239,627 6.8%  
Loan   40 Colonial Park Townehouses Cooperative, Inc.   N/A N/A N/A 95.0% $1,906,358 $944,402 $961,956 28.1% $80,000 $0 $881,956 25.8%  
Loan   41 Southlands - Aurora   $222,309 6/30/2017 TTM 6.8% 90.0% $507,392 $256,438 $250,954 7.7% $3,192 $4,743 $243,019 7.5%  
Loan   42 Tucker Shops   N/A N/A N/A 95.0% $442,993 $74,295 $368,697 11.5% $1,169 $13,404 $354,124 11.0%  
Loan   43 4/70 Owners Corp.   N/A N/A N/A 97.9% $3,530,887 $1,640,679 $1,890,208 63.0% $16,000 $0 $1,874,208 62.5%  
Loan   44 Cashton, A.S., Inc.   N/A N/A N/A 96.8% $1,172,631 $478,060 $694,571 23.2% $12,000 $0 $682,571 22.8%  
Loan   45 Walgreens Carlsbad NM   $295,000 12/31/2016 10.4% 97.0% $286,150 $2,861 $283,288 10.0% $1,456 $0 $281,832 10.0%  
Loan   46 Sanctuary Shopping Center   $271,417 12/31/2016 9.7% 95.0% $475,091 $156,037 $319,054 11.4% $3,204 $24,193 $291,656 10.5%  
Loan   47 3/69 Owners Corp.   N/A N/A N/A 97.8% $3,548,657 $1,583,194 $1,965,463 78.6% $16,000 $0 $1,949,463 78.0%  
Loan   48 Palmer Terrace Cooperative, Inc.   N/A N/A N/A 97.0% $5,201,383 $2,682,453 $2,518,930 101.0% $51,000 $0 $2,467,930 98.9%  
Loan   49 The Shops at Commerce Village   $224,252 7/31/2017 YTD Annualized 10.0% 90.0% $311,164 $88,680 $222,485 9.9% $4,439 $11,097 $206,949 9.2%  
Loan   50 Sanford Apt Corp.   N/A N/A N/A 98.0% $935,449 $428,150 $507,299 33.8% $11,800 $0 $495,499 33.0%  

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                   
Property
Flag
Footnotes Loan ID Property Name   Largest Tenant Largest
Tenant Lease
Expiration(4)
Largest
Tenant NSF
Largest
Tenant
% of NSF
 
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio            
Property   1.01 Restoration Hardware Distribution   Restoration Hardware 8/31/2030 1,501,387 100.0%  
Property   1.02 State Farm Regional HQ   State Farm 12/31/2023 503,201 86.0%  
Property   1.03 North Pointe I   General Electric Co. 3/31/2020 409,798 100.0%  
Property   1.04 Corporate Campus at Norterra   Cigna Health Care 7/31/2023 232,648 100.0%  
Property   1.05 CHRISTUS Health HQ   CHRISTUS Health 11/30/2024 247,721 97.8%  
Property   1.06 Duke Bridges I   T-Mobile West 4/30/2027 158,135 100.0%  
Property   1.07 Wells Fargo Operations Center   Wells Fargo Bank 1/31/2025 155,579 100.0%  
Property   1.08 Ace Hardware HQ   Ace Hardware Corporation 11/30/2024 206,030 100.0%  
Property   1.09 Royal Ridge V   NEC 3/31/2026 119,611 100.0%  
Property   1.10 Comcast Regional HQ   Comcast 7/31/2027 87,385 100.0%  
Loan 5 2 Park Square   WeWork 7/31/2032 136,920 27.2%  
Loan   3 The New School   N/A N/A N/A N/A  
Loan 5 4 222 Second Street   LinkedIn Various (12/31/2025 - 156,659 SF; 12/31/2026 - 148,664; 6/30/2027 - 70,883 SF; 12/31/2027 - 76,212 SF) 452,418 100.0%  
Loan 5, 9, 10 5 Colorado Center   Hulu 11/15/2021 261,823 22.3%  
Loan 11 6 1235 South Clark Street   Department of Defense Multiple Leases -- 64,855 square feet expiring 2/8/2022; 32,682 square feet expiring 4/19/2024 97,537 25.4%  
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio            
Property   7.01 Crowne Plaza Boston Natick   N/A N/A N/A N/A  
Property   7.02 Holiday Inn Boston-Bunker Hill   N/A N/A N/A N/A  
Property   7.03 Hampton Inn Boston Natick   N/A N/A N/A N/A  
Loan 5, 9, 11, 12 8 237 Park Avenue   The New York and Presbyterian Hospital 12/29/2048 479,016 38.3%  
Loan 9 9 Princeton Place   Horizon Blue Cross Blue Shield of New Jersey 6/30/2034 142,029 46.3%  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III            
Property   10.01 2121 Gardner Street   Rowe Fine Furniture 7/31/2028 378,270 100.0%  
Property   10.02 975 Cottonwood Avenue   Dorner Manufacturing Corp. 10/31/2035 175,042 100.0%  
Property   10.03 4925 Bulls Bay Highway   Southeastern Aluminum Products 2/28/2027 198,408 100.0%  
Property   10.04 1500 Southeast 37th Street   Ryko Solutions, Inc. 8/31/2032 248,257 100.0%  
Property   10.05 1501 Industrial Boulevard   Accupac, Inc. 3/31/2032 112,253 100.0%  
Property   10.06 10450 Medallion Drive   KDM Signs, Inc. 7/31/2025 151,506 100.0%  
Property   10.07 1001 DDC Way   DDC Center Holding Corp. 7/31/2025 66,444 100.0%  
Property   10.08 1152 Armorlite Drive   The San Diego Union - Tribune 12/31/2027 44,313 100.0%  
Property   10.09 3800 West Broward Boulevard   The Chrysalis Center, Inc. 12/31/2027 32,688 100.0%  
Property   10.10 2900 & 2950 Hill Avenue   Decorative Panels International 11/30/2030 237,698 100.0%  
Property   10.11 1700 Highland Road   TAC Materials. Inc. 8/31/2028 115,169 100.0%  
Property   10.12 1972 Salem Industrial Drive   Rowe Fine Furniture 7/31/2028 317,144 100.0%  
Property   10.13 1800 University Parkway   Halifax Sarasota LLC 1/31/2032 105,752 100.0%  
Property   10.14 621 Hunt Valley Circle   Bacharach, Inc. 12/31/2024 61,796 100.0%  
Property   10.15 5000 Askins Lane   Sigma Corporation 7/31/2031 100,040 100.0%  
Property   10.16 900 Chaddick Drive   PNC Acquisition Company, Inc. 1/31/2019 75,902 100.0%  
Property   10.17 6600 Chapek Parkway   Northern Stamping Co. 11/30/2031 157,950 100.0%  
Property   10.18 53208 Columbia Drive   LTI Flexible Products, Inc. 10/31/2026 117,938 100.0%  
Property   10.19 7750 Hub Parkway   Northern Stamping Co. 11/30/2031 83,404 100.0%  
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive   Sigma Corporation 7/31/2031 67,995 100.0%  
Property   10.21 3221 Cherry Palm Drive   Amphenol Custom Cable, Inc. 7/31/2028 38,624 100.0%  
Loan 5 11 Pleasant Prairie Premium Outlets   Nike Factory Store 1/31/2028 20,200 5.0%  
Loan   12 Tucson Place Shopping Center   Walmart 5/26/2019 86,922 31.8%  
Loan   13 Tottenville Shopping Center   Walgreens 2/28/2059 12,384 25.2%  
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio            
Property   14.01 Cabela’s Prairie du Chien   Cabela’s 4/30/2042 1,130,862 100.0%  
Property   14.02 Cabela’s Triadelphia   Cabela’s 4/30/2042 1,165,360 100.0%  
Property   14.03 Cabela’s Tooele   Cabela’s 4/30/2042 598,663 100.0%  
Loan   15 Village Crest Poughkeepsie Apartments   N/A N/A N/A N/A  
Loan   16 Best Western Plus Silverdale Beach Hotel   N/A N/A N/A N/A  
Loan   17 Country Manor Apartments   N/A N/A N/A N/A  
Loan   18 Stevens Manor Apartments   N/A N/A N/A N/A  
Loan   19 Crosswinds Apartments   N/A N/A N/A N/A  
Loan 11 20 Empire Tower IV   National General Management Corp. 4/30/2021 22,616 29.6%  
Loan   21 Park Plaza II   Sun Maid Growers of California 11/30/2022 9,487 18.3%  
Loan 13 22 La Quinta - Morgan Hill, CA   N/A N/A N/A N/A  
Loan   23 Grand Prairie West All Storage   N/A N/A N/A N/A  
Loan   24 Four Corners Shopping Center   Goodwill 5/31/2025 24,396 37.2%  
Loan   25 Richmond Ranch   PetSmart 3/31/2020 19,107 32.6%  
Loan   26 5700 Lake Worth Road   Medical Specialists of the Palm Beaches, Inc. Multiple Leases -- 2,400 square feet expiring 12/31/2018; 10,051 square feet expiring 1/31/2021 12,451 24.4%  
Loan   27 2575 Owners Corp.   N/A N/A N/A N/A  
Loan 11 28 St. Mary’s Plaza   Safeway Store 11/30/2022 36,953 47.3%  
Loan 9 29 The Children’s Hospital of Philadelphia   The Children’s Hospital of Philadelphia 10/31/2032 13,810 100.0%  
Loan   30 Meridian Center   Premier Eye Care 11/30/2025 19,450 37.4%  
Loan   31 Berkshire Village Townhouses, Inc.   N/A N/A N/A N/A  
Loan   32 Center Point Shopping Center   W. S. Badcock Corp. 3/31/2025 25,000 22.9%  
Loan 16 33 Brazos Square   Texas Dow Credit Union Multiple Leases -- 7,473 square feet expiring 9/30/2019; 2,500 square feet expiring 9/30/2020; 6,902 square feet expiring 9/30/2021 16,875 25.8%  
Loan   34 Lake Havasu Center   Hobby Lobby 7/31/2021 58,252 53.8%  
Loan   35 Orange Grove Medical Plaza   Arizona Oncology Assoc. P.C. 10/31/2020 12,317 35.7%  
Loan   36 Crenshaw Plaza   AutoZone 5/22/2026 8,250 31.1%  
Loan   37 Broadstone Apartments   N/A N/A N/A N/A  
Loan   38 Hopewell Garden Apartments   N/A N/A N/A N/A  
Loan   39 Secor Village   Secor-Executive, LLC 9/30/2034 78,485 100.0%  
Loan   40 Colonial Park Townehouses Cooperative, Inc.   N/A N/A N/A N/A  
Loan   41 Southlands - Aurora   Five Guys 11/30/2024 3,107 25.3%  
Loan   42 Tucker Shops   Aspen Dental 5/31/2037 3,500 44.9%  
Loan   43 4/70 Owners Corp.   N/A N/A N/A N/A  
Loan   44 Cashton, A.S., Inc.   N/A N/A N/A N/A  
Loan   45 Walgreens Carlsbad NM   Walgreens 6/30/2079 14,560 100.0%  
Loan   46 Sanctuary Shopping Center   Brighter Angels Daycare Center 8/31/2020 5,587 34.9%  
Loan   47 3/69 Owners Corp.   N/A N/A N/A N/A  
Loan   48 Palmer Terrace Cooperative, Inc.   N/A N/A N/A N/A  
Loan   49 The Shops at Commerce Village   Wilson’s Bar & Grill 4/30/2027 3,361 22.8%  
Loan   50 Sanford Apt Corp.   N/A N/A N/A N/A  

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                             
Property
Flag
Footnotes Loan ID Property Name   2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(4)
2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
  3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration(4)
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
 
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio                      
Property   1.01 Restoration Hardware Distribution   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.02 State Farm Regional HQ   BCD Travel USA 11/30/2023 7,081 1.2%   Ventyx, Inc. 4/30/2023 5,575 1.0%  
Property   1.03 North Pointe I   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.04 Corporate Campus at Norterra   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.05 CHRISTUS Health HQ   NXT Food 1/31/2018 2,117 0.8%   N/A N/A N/A N/A  
Property   1.06 Duke Bridges I   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.07 Wells Fargo Operations Center   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.08 Ace Hardware HQ   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.09 Royal Ridge V   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.10 Comcast Regional HQ   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5 2 Park Square   Bay State College 8/31/2019 (32,544 SF), 10/31/2019 (320 SF) 32,864 6.5%   Anaqua, Inc. 10/31/2026 26,077 5.2%  
Loan   3 The New School   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5 4 222 Second Street   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5, 9, 10 5 Colorado Center   Edmunds.com 1/31/2028 197,812 16.8%   Rubin Postaer & Associates 12/31/2025 186,894 15.9%  
Loan 11 6 1235 South Clark Street   International Justice Mission 3/31/2024 74,833 19.5%    Earth Treks Crystal City 6/30/2031 35,011 9.1%  
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio                      
Property   7.01 Crowne Plaza Boston Natick   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   7.02 Holiday Inn Boston-Bunker Hill   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   7.03 Hampton Inn Boston Natick   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5, 9, 11, 12 8 237 Park Avenue   JP Morgan Chase 7/31/2020 254,585 20.3%   J. Walter Thompson 5/31/2027 192,733 15.4%  
Loan 9 9 Princeton Place   Pershing LLC 10/31/2031 44,042 14.4%   Janssen Research & Development 1/31/2022 39,681 12.9%  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III                      
Property   10.01 2121 Gardner Street   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.02 975 Cottonwood Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.03 4925 Bulls Bay Highway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.04 1500 Southeast 37th Street   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.05 1501 Industrial Boulevard   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.06 10450 Medallion Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.07 1001 DDC Way   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.08 1152 Armorlite Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.09 3800 West Broward Boulevard   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.10 2900 & 2950 Hill Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.11 1700 Highland Road   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.12 1972 Salem Industrial Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.13 1800 University Parkway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.14 621 Hunt Valley Circle   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.15 5000 Askins Lane   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.16 900 Chaddick Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.17 6600 Chapek Parkway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.18 53208 Columbia Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.19 7750 Hub Parkway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.21 3221 Cherry Palm Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5 11 Pleasant Prairie Premium Outlets   Old Navy 1/31/2022 16,115 4.0%   Under Armour 9/30/2025 11,250 2.8%  
Loan   12 Tucson Place Shopping Center   Best Buy 4/30/2019 50,712 18.5%   Office Max 1/31/2020 24,607 9.0%  
Loan   13 Tottenville Shopping Center   Villa Monte 9/30/2029 3,691 7.5%   Re/Max Elite 1/31/2023 3,255 6.6%  
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio                      
Property   14.01 Cabela’s Prairie du Chien   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   14.02 Cabela’s Triadelphia   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   14.03 Cabela’s Tooele   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   15 Village Crest Poughkeepsie Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   16 Best Western Plus Silverdale Beach Hotel   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   17 Country Manor Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   18 Stevens Manor Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   19 Crosswinds Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 11 20 Empire Tower IV   National University 9/30/2020 12,902 16.9%   MGR Services, Inc. 9/30/2027 12,116 15.8%  
Loan   21 Park Plaza II   Intertek Testing Services 1/31/2019 6,052 11.7%   Ware Malcomb 1/31/2020 5,875 11.3%  
Loan 13 22 La Quinta - Morgan Hill, CA   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   23 Grand Prairie West All Storage   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   24 Four Corners Shopping Center   Aaron’s Rents 9/30/2018 8,640 13.2%   Dollar General 5/31/2019 8,040 12.3%  
Loan   25 Richmond Ranch   CiCi’s Pizza 12/31/2026 4,600 7.9%   Catherine’s 9/30/2019 4,000 6.8%  
Loan   26 5700 Lake Worth Road   Ferber Dental Group 6/30/2021 6,260 12.3%   Greenacres Dialysis Center 3/6/2023 4,950 9.7%  
Loan   27 2575 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 11 28 St. Mary’s Plaza   Dollar Tree 1/31/2019 12,080 15.4%   MEI MEI Chinese Restaurant 3/31/2021 2,940 3.8%  
Loan 9 29 The Children’s Hospital of Philadelphia   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   30 Meridian Center   J. Tech Sales 5/31/2021 14,804 28.5%   Aerospaced, LLC 1/14/2019 12,911 24.8%  
Loan   31 Berkshire Village Townhouses, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   32 Center Point Shopping Center   Dollar Tree 6/30/2023 19,950 18.3%   Dollar General 4/30/2025 10,340 9.5%  
Loan 16 33 Brazos Square   China Town Restaurant 7/31/2022 5,075 7.8%   Tony’s Day Spa 12/31/2021 4,500 6.9%  
Loan   34 Lake Havasu Center   99 Cents Only Store 1/31/2022 20,560 19.0%   Dobbs Furniture 7/31/2024 18,789 17.4%  
Loan   35 Orange Grove Medical Plaza   Hanger Prosthetics & Orthotics, Inc. 12/31/2019 3,000 8.7%   SimonMed Imaging, Inc. 12/1/2021 2,856 8.3%  
Loan   36 Crenshaw Plaza   Easter Seals 2/28/2022 3,778 14.3%   Kiss My Kurves Beauty Spa 10/31/2021 3,208 12.1%  
Loan   37 Broadstone Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   38 Hopewell Garden Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   39 Secor Village   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   40 Colonial Park Townehouses Cooperative, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   41 Southlands - Aurora   Smile Brands West, Inc. 5/31/2021 2,995 24.4%   Mad Greens 12/31/2026 2,577 21.0%  
Loan   42 Tucker Shops   Starbucks 5/31/2027 2,200 28.2%   Willy’s 8/31/2027 2,093 26.9%  
Loan   43 4/70 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   44 Cashton, A.S., Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   45 Walgreens Carlsbad NM   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   46 Sanctuary Shopping Center   Carniceria Los Almos 12/31/2021 3,600 22.5%   Marisco 7 Mares 4/30/2022 2,545 15.9%  
Loan   47 3/69 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   48 Palmer Terrace Cooperative, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   49 The Shops at Commerce Village   Biggby 12/31/2025 1,810 12.3%   Specs Eyewear Studio 10/21/2020 1,612 10.9%  
Loan   50 Sanford Apt Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                             
Property
Flag
Footnotes Loan ID Property Name   4th Largest Tenant 4th Largest
Tenant Lease
Expiration(4)
4th Largest
Tenant NSF
4th Largest
Tenant
% of NSF
  5th Largest Tenant 5th Largest
Tenant Lease
Expiration(4)
5th Largest
Tenant NSF
5th Largest
Tenant
% of NSF
 
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio                      
Property   1.01 Restoration Hardware Distribution   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.02 State Farm Regional HQ   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.03 North Pointe I   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.04 Corporate Campus at Norterra   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.05 CHRISTUS Health HQ   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.06 Duke Bridges I   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.07 Wells Fargo Operations Center   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.08 Ace Hardware HQ   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.09 Royal Ridge V   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   1.10 Comcast Regional HQ   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5 2 Park Square   HNTB Corporation 640 SF 3/31/18; 21,109 SF 6/30/2023 21,749 4.3%   Yahoo Holdings, Inc. 6/30/2021 19,437 3.9%  
Loan   3 The New School   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5 4 222 Second Street   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5, 9, 10 5 Colorado Center   Kite Pharma, Inc. 7/31/2032 159,310 13.5%   HBO 6/30/2019 128,273 10.9%  
Loan 11 6 1235 South Clark Street    Alenia Aermacchi N. America 3/31/2020 16,025 4.2%    General Dynamics 4/30/2019 13,144 3.4%  
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio                      
Property   7.01 Crowne Plaza Boston Natick   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   7.02 Holiday Inn Boston-Bunker Hill   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   7.03 Hampton Inn Boston Natick   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5, 9, 11, 12 8 237 Park Avenue   Jennison Associates 2/28/2025 162,764 13.0%   Her Majesty the Queen in Right of Canada 10/31/2037 72,901 5.8%  
Loan 9 9 Princeton Place   Cenlar FSB 8/31/2021 28,269 9.2%   Merrill Lynch 11/30/2024 11,444 3.7%  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III                      
Property   10.01 2121 Gardner Street   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.02 975 Cottonwood Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.03 4925 Bulls Bay Highway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.04 1500 Southeast 37th Street   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.05 1501 Industrial Boulevard   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.06 10450 Medallion Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.07 1001 DDC Way   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.08 1152 Armorlite Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.09 3800 West Broward Boulevard   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.10 2900 & 2950 Hill Avenue   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.11 1700 Highland Road   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.12 1972 Salem Industrial Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.13 1800 University Parkway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.14 621 Hunt Valley Circle   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.15 5000 Askins Lane   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.16 900 Chaddick Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.17 6600 Chapek Parkway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.18 53208 Columbia Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.19 7750 Hub Parkway   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   10.21 3221 Cherry Palm Drive   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 5 11 Pleasant Prairie Premium Outlets   Gap Outlet 1/31/2022 11,000 2.7%   Adidas/Rockport 1/31/2027 10,000 2.5%  
Loan   12 Tucson Place Shopping Center   Beall’s Outlet 1/31/2027 18,002 6.6%   Petco Animal Supply 1/31/2026 14,508 5.3%  
Loan   13 Tottenville Shopping Center   Circle Urgent Care 9/30/2024 2,730 5.6%   Sharda Wine & Liquor 3/31/2019 2,660 5.4%  
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio                      
Property   14.01 Cabela’s Prairie du Chien   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   14.02 Cabela’s Triadelphia   N/A N/A N/A N/A   N/A N/A N/A N/A  
Property   14.03 Cabela’s Tooele   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   15 Village Crest Poughkeepsie Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   16 Best Western Plus Silverdale Beach Hotel   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   17 Country Manor Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   18 Stevens Manor Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   19 Crosswinds Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 11 20 Empire Tower IV   MGR Real Estate, Inc. 7/31/2027 9,415 12.3%   MGR Property Management 2/28/2022 8,318 10.9%  
Loan   21 Park Plaza II   Smart ERP Solutions Inc 9/30/2020 5,751 11.1%   Fidelity National Title Company 1/31/2023 5,090 9.8%  
Loan 13 22 La Quinta - Morgan Hill, CA   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   23 Grand Prairie West All Storage   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   24 Four Corners Shopping Center   Mattress Overstock 12/1/2022 4,560 7.0%   Mattress Firm 3/31/2026 4,055 6.2%  
Loan   25 Richmond Ranch   Dressin’ Gaudy 1/31/2019 3,600 6.1%   Eye Mart Express 3/31/2019 3,500 6.0%  
Loan   26 5700 Lake Worth Road   Legacy Church Ministries 10/31/2020 3,600 7.1%   PBC Plus, LLC 1/31/2018 2,481 4.9%  
Loan   27 2575 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan 11 28 St. Mary’s Plaza   Jerry Bobs 9/30/2019 2,450 3.1%   Valley Laundries 9/30/2034 1,950 2.5%  
Loan 9 29 The Children’s Hospital of Philadelphia   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   30 Meridian Center   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   31 Berkshire Village Townhouses, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   32 Center Point Shopping Center   PHP of Alabama 1/31/2022 9,200 8.4%   Hibbett’s 5/31/2022 7,375 6.8%  
Loan 16 33 Brazos Square   Armed Forced Recruiter 6/23/2022 4,035 6.2%   Mucho Pizza 3/31/2021 3,700 5.7%  
Loan   34 Lake Havasu Center   Tuesday Morning 11/30/2021 10,650 9.8%   N/A N/A N/A N/A  
Loan   35 Orange Grove Medical Plaza   Allergy Partners, PA 8/31/2019 2,315 6.7%   Southern Arizona Neuropsychology 4/30/2018 2,300 6.7%  
Loan   36 Crenshaw Plaza   Joy Coin Laundry 2/28/2019 2,904 11.0%   Eatalian 12/31/2021 2,776 10.5%  
Loan   37 Broadstone Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   38 Hopewell Garden Apartments   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   39 Secor Village   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   40 Colonial Park Townehouses Cooperative, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   41 Southlands - Aurora   Nothing Bundt Cakes 11/30/2020 2,215 18.0%   Cold Stone Creamery 12/31/2020 1,384 11.3%  
Loan   42 Tucker Shops   Wells Fargo 9/30/2022 1     N/A N/A N/A N/A  
Loan   43 4/70 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   44 Cashton, A.S., Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   45 Walgreens Carlsbad NM   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   46 Sanctuary Shopping Center   Avondale Tooth Factory 10/31/2019 1,945 12.1%   Amaxx Hair Salon 7/31/2020 1,177 7.3%  
Loan   47 3/69 Owners Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   48 Palmer Terrace Cooperative, Inc.   N/A N/A N/A N/A   N/A N/A N/A N/A  
Loan   49 The Shops at Commerce Village   Barre Reaction, LLC 9/30/2021 1,400 9.5%   Go Wireless 11/30/2022 1,400 9.5%  
Loan   50 Sanford Apt Corp.   N/A N/A N/A N/A   N/A N/A N/A N/A  

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                 
Property
Flag
Footnotes Loan ID Property Name   Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap
Upfront TI/LC
 Reserves
Monthly TI/LC
Reserves
TI/LC
Reserve Cap
Upfront Tax
 Reserves
Monthly Tax
 Reserves
Upfront
Insurance Reserves
Monthly
Insurance
Reserves
Upfront
Deferred Maint.
Reserve
Initial Other
Reserves
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio   $0 $0 $0 $0 $0 $0 $930,000 $466,667 $0 $0 $0 $5,657,511
Property   1.01 Restoration Hardware Distribution                          
Property   1.02 State Farm Regional HQ                          
Property   1.03 North Pointe I                          
Property   1.04 Corporate Campus at Norterra                          
Property   1.05 CHRISTUS Health HQ                          
Property   1.06 Duke Bridges I                          
Property   1.07 Wells Fargo Operations Center                          
Property   1.08 Ace Hardware HQ                          
Property   1.09 Royal Ridge V                          
Property   1.10 Comcast Regional HQ                          
Loan 5 2 Park Square   $0 $8,249 $0 $3,128,280 $0 $1,325,000 $550,336 $275,168 $0 $0 $0 $1,950,781
Loan   3 The New School   $0 $3,500 $0 $0 $0 $0 $386,190 $206,415 $30,718 $10,241 $0 $0
Loan 5 4 222 Second Street   $0 $0 $0 $0 $0 $22,620,900 $0 $0 $0 $0 $0 $11,158,354
Loan 5, 9, 10 5 Colorado Center   $0 $0 $0 $25,193,502 $0 $0 $0 $0 $0 $0 $0 $20,761,186
Loan 11 6 1235 South Clark Street   $0 $8,001 $0 $24,026 $33,308 $0 $242,667 $121,333 $0 $0 $0 $420,080
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio   $4,000,000 4% of Rents for the calendar month two months prior to payment date $0 $0 $0 $0 $71,917 $71,917 $0 $0 $0 $0
Property   7.01 Crowne Plaza Boston Natick                          
Property   7.02 Holiday Inn Boston-Bunker Hill                          
Property   7.03 Hampton Inn Boston Natick                          
Loan 5, 9, 11, 12 8 237 Park Avenue   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $97,365,605
Loan 9 9 Princeton Place   $5,620 $5,620 $337,200 $25,545 $25,545 $919,602 $203,238 $64,692 $0 $0 $0 $13,112,236
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III   $0 $6,250 $0 $120,000 $0 The applicable Max TI/LC Reserve Cap, as described in the loan documents. $0 $0 $0 $0 $0 $453,411
Property   10.01 2121 Gardner Street                          
Property   10.02 975 Cottonwood Avenue                          
Property   10.03 4925 Bulls Bay Highway                          
Property   10.04 1500 Southeast 37th Street                          
Property   10.05 1501 Industrial Boulevard                          
Property   10.06 10450 Medallion Drive                          
Property   10.07 1001 DDC Way                          
Property   10.08 1152 Armorlite Drive                          
Property   10.09 3800 West Broward Boulevard                          
Property   10.10 2900 & 2950 Hill Avenue                          
Property   10.11 1700 Highland Road                          
Property   10.12 1972 Salem Industrial Drive                          
Property   10.13 1800 University Parkway                          
Property   10.14 621 Hunt Valley Circle                          
Property   10.15 5000 Askins Lane                          
Property   10.16 900 Chaddick Drive                          
Property   10.17 6600 Chapek Parkway                          
Property   10.18 53208 Columbia Drive                          
Property   10.19 7750 Hub Parkway                          
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive                          
Property   10.21 3221 Cherry Palm Drive                          
Loan 5 11 Pleasant Prairie Premium Outlets   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $416,575
Loan   12 Tucson Place Shopping Center   $0 $4,559 $165,000 $0 $7,305 $300,000 $47,420 $23,710 $0 $0 $111,250 $943,508
Loan   13 Tottenville Shopping Center   $0 $613 $0 $0 $4,167 $200,000 $24,501 $24,501 $0 $0 $0 $91,278
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Property   14.01 Cabela’s Prairie du Chien                          
Property   14.02 Cabela’s Triadelphia                          
Property   14.03 Cabela’s Tooele                          
Loan   15 Village Crest Poughkeepsie Apartments   $0 $5,125 $0 $0 $0 $0 $119,500 $39,833 $0 $0 $0 $0
Loan   16 Best Western Plus Silverdale Beach Hotel   $0 $18,700 $0 $0 $0 $0 $52,155 $8,692 $24,218 $8,073 $0 $0
Loan   17 Country Manor Apartments   $0 $3,750 $0 $0 $0 $0 $73,000 $24,333 $0 $0 $0 $0
Loan   18 Stevens Manor Apartments   $0 $3,375 $0 $0 $0 $0 $64,500 $21,500 $0 $0 $0 $0
Loan   19 Crosswinds Apartments   $0 $3,667 $0 $0 $0 $0 $79,358 $26,453 $0 $0 $0 $0
Loan 11 20 Empire Tower IV   $0 $1,593 $0 $150,000 $9,875 $0 $31,068 $10,356 $11,890 $1,189 $0 $0
Loan   21 Park Plaza II   $0 $1,077 $25,000 $200,000 $8,615 $300,000 $10,775 $10,775 $0 $0 $0 $259,322
Loan 13 22 La Quinta - Morgan Hill, CA   $0 $12,136 $0 $0 $0 $0 $81,061 $10,133 $35,409 $5,902 $0 $0
Loan   23 Grand Prairie West All Storage   $0 $1,717 $61,817 $0 $0 $0 $119,586 $13,287 $0 $0 $0 $0
Loan   24 Four Corners Shopping Center   $0 $1,176 $56,448 $0 $6,169 $265,000 $103,100 $10,310 $7,630 $3,815 $107,139 $0
Loan   25 Richmond Ranch   $0 $976 $23,424 $100,000 $5,368 $450,000 prior to first Persmart Cure Event; thereafter $128,000 $147,871 $14,787 $0 $0 $0 $0
Loan   26 5700 Lake Worth Road   $60,000 $1,064 $0 $100,000 $6,750 $250,000 $30,938 $10,313 $0 $0 $0 $7,198
Loan   27 2575 Owners Corp.   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 11 28 St. Mary’s Plaza   $0 $978 $0 $250,000 $3,259 $250,000 $9,928 $9,928 $0 $0 $21,500 $4,875
Loan 9 29 The Children’s Hospital of Philadelphia   $0 $0 $0 $552,400 $0 $0 $0 $0 $0 $0 $0 $667,462
Loan   30 Meridian Center   $100,000 $866 $0 $150,000 $6,250 $300,000 $80,372 $10,046 $0 $0 $9,813 $375,000
Loan   31 Berkshire Village Townhouses, Inc.   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   32 Center Point Shopping Center   $0 $1,820 $0 $0 $5,000 $0 $0 $4,738 $25,063 $2,506 $0 $0
Loan 16 33 Brazos Square   $0 $1,090 $65,410 $150,000 $6,323 (16) $132,800 $13,280 $19,640 $3,928 $0 $62,160
Loan   34 Lake Havasu Center   $0 $1,804 $0 $0 $8,333 $600,000 $103,215 $8,601 $2,310 $2,310 $0 $0
Loan   35 Orange Grove Medical Plaza   $0 $632 $34,489 $130,000 $3,410 $209,463 $20,562 $10,281 $9,850 $985 $0 $69,550
Loan   36 Crenshaw Plaza   $0 $442 $15,903 $0 $2,380 $100,000 $14,848 $3,712 $1,445 $1,445 $0 $0
Loan   37 Broadstone Apartments   $60,000 $2,083 $0 $0 $0 $0 $65,042 $5,420 $0 $0 $27,000 $0
Loan   38 Hopewell Garden Apartments   $0 $1,438 $0 $0 $0 $0 $72,917 $14,583 $0 $0 $0 $0
Loan   39 Secor Village   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   40 Colonial Park Townehouses Cooperative, Inc.   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   41 Southlands - Aurora   $0 $266 $9,500 $200,000 $1,248 $100,000 $31,725 $10,575 $2,665 $533 $0 $0
Loan   42 Tucker Shops   $0 $0 $0 $0 $0 $0 $4,865 $2,433 $1,720 $860 $0 $0
Loan   43 4/70 Owners Corp.   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   44 Cashton, A.S., Inc.   $0 $0 $0 $0 $0 $0 $42,994 $21,497 $0 $0 $0 $0
Loan   45 Walgreens Carlsbad NM   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   46 Sanctuary Shopping Center   $0 $267 $0 $0 $1,335 $80,113 $13,052 $4,351 $1,290 $430 $0 $0
Loan   47 3/69 Owners Corp.   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   48 Palmer Terrace Cooperative, Inc.   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   49 The Shops at Commerce Village   $0 $370 $0 $0 $1,237 $0 $2,654 $2,654 $1,464 $732 $0 $0
Loan   50 Sanford Apt Corp.   $0 $0 $0 $0 $0 $0 $42,844 $14,281 $0 $0 $0 $0

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                               
Property
Flag
Footnotes Loan ID Property Name   Ongoing Other
Reserves
Other Reserves Description   Appraisal
Report Date
Environmental
Phase I
Report Date
Environmental
Phase II
Report Date
Engineering
Report Date
Seismic
Report Date
Seismic Zone (Y/N) PML %  
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio   $0 Unfunded Obligations Reserve; T-Mobile Work Reserve                  
Property   1.01 Restoration Hardware Distribution         9/21/2017 9/8/2017 N/A 9/13/2017 9/11/2017 Yes - 4 6.0%  
Property   1.02 State Farm Regional HQ         9/27/2017 9/13/2017 N/A 9/13/2017 N/A No N/A  
Property   1.03 North Pointe I         9/26/2017 9/13/2017 N/A 9/13/2017 N/A No N/A  
Property   1.04 Corporate Campus at Norterra         9/25/2017 9/12/2017 N/A 9/13/2017 N/A No N/A  
Property   1.05 CHRISTUS Health HQ         9/25/2017 9/12/2017 N/A 9/13/2017 N/A No N/A  
Property   1.06 Duke Bridges I         9/25/2017 9/12/2017 N/A 9/13/2017 N/A No N/A  
Property   1.07 Wells Fargo Operations Center         9/25/2017 9/12/2017 N/A 9/13/2017 N/A No N/A  
Property   1.08 Ace Hardware HQ         9/25/2017 9/13/2017 N/A 9/13/2017 N/A No N/A  
Property   1.09 Royal Ridge V         9/25/2017 9/12/2017 N/A 9/13/2017 N/A No N/A  
Property   1.10 Comcast Regional HQ         9/22/2017 9/13/2017 N/A 9/13/2017 9/11/2017 Yes - 3 7.0%  
Loan 5 2 Park Square   $0 Rent Abatement Reserve Funds   9/29/2017 8/14/2017 N/A 8/14/2017 N/A No N/A  
Loan   3 The New School   $0 N/A   8/18/2017 9/11/2017 N/A 9/11/2017 N/A No N/A  
Loan 5 4 222 Second Street   $0 LinkedIn Reserve; Gap Rent Reserve; Proposition 13 Reserve   8/25/2017 7/31/2017 N/A 8/1/2017 7/31/2017 Yes - 4 13.0%  
Loan 5, 9, 10 5 Colorado Center   $0 Gap Rent and Free Rent Obligation Reserve   7/27/2017 7/18/2017 N/A 7/18/2017 7/18/2017 Yes - 4 13.0%  
Loan 11 6 1235 South Clark Street   $0 DOD Lease Reserve   9/20/2017 8/25/2017 N/A 8/28/2017 N/A No N/A  
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio   $0 N/A                  
Property   7.01 Crowne Plaza Boston Natick         9/18/2017 9/8/2017 N/A 9/11/2017 N/A No N/A  
Property   7.02 Holiday Inn Boston-Bunker Hill         9/18/2017 9/8/2017 N/A 9/11/2017 N/A No N/A  
Property   7.03 Hampton Inn Boston Natick         9/18/2017 9/8/2017 N/A 9/12/2017 N/A No N/A  
Loan 5, 9, 11, 12 8 237 Park Avenue   $0 Interest Reserve; Building Loan Reserve   7/27/2017 5/23/2017 N/A 5/22/2017 N/A No N/A  
Loan 9 9 Princeton Place   $0 Construction Management; Parking Lot Expansion ; Rent Concession; Tenant Specific TILC   9/20/2017 7/21/2017 N/A 7/24/2017 N/A No N/A  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III   $0 Rowe Security Deposit                  
Property   10.01 2121 Gardner Street         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.02 975 Cottonwood Avenue         9/19/2017 8/4/2017 N/A 8/3/2017 N/A No N/A  
Property   10.03 4925 Bulls Bay Highway         9/20/2017 8/2/2017 N/A 8/3/2017 N/A No N/A  
Property   10.04 1500 Southeast 37th Street         9/21/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.05 1501 Industrial Boulevard         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.06 10450 Medallion Drive         9/25/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.07 1001 DDC Way         9/18/2017 8/4/2017 N/A 8/3/2017 N/A No N/A  
Property   10.08 1152 Armorlite Drive         9/18/2017 8/3/2017 N/A 8/3/2017 8/2/2017 Yes - 4 8.0%  
Property   10.09 3800 West Broward Boulevard         9/16/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.10 2900 & 2950 Hill Avenue         10/3/2017 8/2/2017 N/A 8/3/2017 N/A No N/A  
Property   10.11 1700 Highland Road         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.12 1972 Salem Industrial Drive         9/29/2017 8/2/2017 N/A 8/3/2017 N/A No N/A  
Property   10.13 1800 University Parkway         9/18/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.14 621 Hunt Valley Circle         9/21/2017 8/7/2017 N/A 8/3/2017 N/A No N/A  
Property   10.15 5000 Askins Lane         9/20/2017 8/23/2017 N/A 8/3/2017 N/A No N/A  
Property   10.16 900 Chaddick Drive         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.17 6600 Chapek Parkway         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.18 53208 Columbia Drive         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.19 7750 Hub Parkway         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive         9/20/2017 8/3/2017 N/A 8/3/2017 N/A No N/A  
Property   10.21 3221 Cherry Palm Drive         9/20/2017 8/22/2017 N/A 8/3/2017 N/A No N/A  
Loan 5 11 Pleasant Prairie Premium Outlets   $0 Tenant Specific TILC Reserve   8/11/2017 7/28/2017 N/A 7/28/2017 N/A No N/A  
Loan   12 Tucson Place Shopping Center   $0 Walmart Extension; Rent Concession Reserve; Tenant Specific TILC; Best Buy Extension   10/10/2017 8/24/2017 N/A 9/21/2017 N/A No N/A  
Loan   13 Tottenville Shopping Center   $0 Outstanding TI Reserve; ReMax Free Rent Reserve; Thriftway Free Rent Reserve   9/22/2017 9/8/2017 N/A 9/8/2017 N/A No N/A  
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio   $0 N/A                  
Property   14.01 Cabela’s Prairie du Chien         7/26/2017 6/19/2017 N/A 6/19/2017 N/A No N/A  
Property   14.02 Cabela’s Triadelphia         8/9/2017 6/19/2017 N/A 6/19/2017 N/A No N/A  
Property   14.03 Cabela’s Tooele         8/9/2017 7/12/2017 N/A 6/19/2017 4/7/2017 Yes-3 5.0%  
Loan   15 Village Crest Poughkeepsie Apartments   $0 N/A   9/20/2017 9/13/2017 N/A 9/12/2017 N/A No N/A  
Loan   16 Best Western Plus Silverdale Beach Hotel   $0 N/A   9/22/2017 8/31/2017 N/A 8/31/2017 8/31/2017 Yes - 3 18.0%  
Loan   17 Country Manor Apartments   $0 N/A   9/20/2017 9/14/2017 N/A 9/10/2017 N/A No N/A  
Loan   18 Stevens Manor Apartments   $0 N/A   9/20/2017 9/12/2017 N/A 9/11/2017 N/A No N/A  
Loan   19 Crosswinds Apartments   $0 N/A   8/11/2017 7/21/2017 N/A 7/20/2017 N/A No N/A  
Loan 11 20 Empire Tower IV   $0 N/A   8/29/2017 8/2/2017 N/A 8/2/2017 8/2/2017 Yes-4 9.0%  
Loan   21 Park Plaza II   $0 Rent Concession Reserve   9/11/2017 8/24/2017 N/A 8/24/2017 8/24/2017 Yes-4 15.0%  
Loan 13 22 La Quinta - Morgan Hill, CA   $0 N/A   9/15/2017 9/7/2017 N/A 9/7/2017 9/7/2017 Yes - 4 11.0%  
Loan   23 Grand Prairie West All Storage   $0 N/A   9/18/2017 8/21/2017 N/A 8/21/2017 N/A No N/A  
Loan   24 Four Corners Shopping Center   $0 N/A   8/3/2017 7/24/2017 N/A 7/26/2017 N/A No N/A  
Loan   25 Richmond Ranch   $0 N/A   9/7/2017 8/23/2017 N/A 8/23/2017 N/A No N/A  
Loan   26 5700 Lake Worth Road   $0 Free Rent   10/10/2017 6/8/2017 N/A 6/6/2017 N/A No N/A  
Loan   27 2575 Owners Corp.   $0 N/A   9/20/2017 8/31/2017 N/A 9/6/2017 N/A No N/A  
Loan 11 28 St. Mary’s Plaza   $0 Upfront rent concessions   8/28/2017 8/21/2017 N/A 8/21/2017 N/A No N/A  
Loan 9 29 The Children’s Hospital of Philadelphia   $0 Gap Rent; Township; PennDOT   6/15/2017 5/26/2017 N/A 5/26/2017 N/A No N/A  
Loan   30 Meridian Center   $0 Premier Lease HVAC Reserve; Free Rent Lease Reserve   9/15/2017 8/25/2017 N/A 9/21/2017 N/A No N/A  
Loan   31 Berkshire Village Townhouses, Inc.   $0 N/A   7/11/2017 7/31/2017 N/A 7/31/2017 N/A No N/A  
Loan   32 Center Point Shopping Center   $0 N/A   9/14/2017 8/14/2017 N/A 8/14/2017 N/A No N/A  
Loan 16 33 Brazos Square   $0 CiCi’s Pizza Reserve   9/26/2017 8/15/2017 N/A 8/15/2017 N/A No N/A  
Loan   34 Lake Havasu Center   $0 N/A   8/22/2017 8/22/2017 N/A 8/23/2017 8/22/2017 No 3.0%  
Loan   35 Orange Grove Medical Plaza   $0 Tenant Specific TILC   8/7/2017 7/25/2017 N/A 7/25/2017 N/A No N/A  
Loan   36 Crenshaw Plaza   $0 N/A   5/25/2017 5/2/2017 N/A 5/2/2017 5/2/2017 Yes-4 14.0%  
Loan   37 Broadstone Apartments   $0 N/A   8/25/2017 8/22/2017 N/A 8/23/2017 N/A No N/A  
Loan   38 Hopewell Garden Apartments   $0 N/A   9/20/2017 9/14/2017 N/A 9/10/2017 N/A No N/A  
Loan   39 Secor Village   $0 N/A   8/31/2016 8/30/2016 N/A N/A N/A No N/A  
Loan   40 Colonial Park Townehouses Cooperative, Inc.   $0 N/A   7/19/2017 7/31/2017 N/A 7/31/2017 N/A No N/A  
Loan   41 Southlands - Aurora   $0 N/A   8/30/2017 N/A N/A 8/7/2017 N/A No N/A  
Loan   42 Tucker Shops   $0 N/A   9/21/2017 9/15/2017 N/A 9/15/2017 N/A No N/A  
Loan   43 4/70 Owners Corp.   $0 N/A   9/26/2017 9/25/2017 N/A 9/26/2017 N/A No N/A  
Loan   44 Cashton, A.S., Inc.   $0 N/A   7/19/2017 7/19/2017 N/A 7/20/2017 N/A No N/A  
Loan   45 Walgreens Carlsbad NM   $0 N/A   6/26/2017 6/20/2017 N/A 6/15/2017 N/A No N/A  
Loan   46 Sanctuary Shopping Center   $0 N/A   7/20/2017 6/7/2017 N/A 6/7/2017 N/A No N/A  
Loan   47 3/69 Owners Corp.   $0 N/A   9/26/2017 9/25/2017 N/A 9/25/2017 N/A No N/A  
Loan   48 Palmer Terrace Cooperative, Inc.   $0 N/A   8/29/2017 8/17/2017 N/A 8/16/2017 N/A No N/A  
Loan   49 The Shops at Commerce Village   $0 N/A   10/5/2017 7/28/2017 N/A 8/9/2017 N/A No N/A  
Loan   50 Sanford Apt Corp.   $0 N/A   9/13/2017 8/21/2017 N/A 8/22/2017 N/A No N/A  

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                                 
Property
Flag
Footnotes Loan ID Property Name   Cut-off Date
Pari Passu Mortgage
Debt Balance
Coop - Committed Secondary Debt Cut-off Date
Subord. Mortgage
Debt Balance
Total Mortgage
Debt Cut-off
Date LTV Ratio
Total Mortgage
Debt UW
NCF DSCR
Total Mortgage
Debt UW NOI
Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date
LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
 
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio   $265,000,000     61.5% 2.49x 10.2%            
Property   1.01 Restoration Hardware Distribution                          
Property   1.02 State Farm Regional HQ                          
Property   1.03 North Pointe I                          
Property   1.04 Corporate Campus at Norterra                          
Property   1.05 CHRISTUS Health HQ                          
Property   1.06 Duke Bridges I                          
Property   1.07 Wells Fargo Operations Center                          
Property   1.08 Ace Hardware HQ                          
Property   1.09 Royal Ridge V                          
Property   1.10 Comcast Regional HQ                          
Loan 5 2 Park Square   $60,000,000     56.9% 1.89x 8.3%            
Loan   3 The New School                          
Loan 5 4 222 Second Street   $210,000,000     56.5% 1.84x 7.8%            
Loan 5, 9, 10 5 Colorado Center   $218,000,000   $252,000,000 45.4% 2.62x 10.1%            
Loan 11 6 1235 South Clark Street                          
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio                          
Property   7.01 Crowne Plaza Boston Natick                          
Property   7.02 Holiday Inn Boston-Bunker Hill                          
Property   7.03 Hampton Inn Boston Natick                          
Loan 5, 9, 11, 12 8 237 Park Avenue   $277,995,000   $345,200,000 52.9% 2.06x 8.2%   $87,800,000 59.6% 1.75x 7.3%  
Loan 9 9 Princeton Place                 $7,500,000 79.6% 1.65x 8.7%  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III   $70,537,149     72.5% 1.48x 9.4%            
Property   10.01 2121 Gardner Street                          
Property   10.02 975 Cottonwood Avenue                          
Property   10.03 4925 Bulls Bay Highway                          
Property   10.04 1500 Southeast 37th Street                          
Property   10.05 1501 Industrial Boulevard                          
Property   10.06 10450 Medallion Drive                          
Property   10.07 1001 DDC Way                          
Property   10.08 1152 Armorlite Drive                          
Property   10.09 3800 West Broward Boulevard                          
Property   10.10 2900 & 2950 Hill Avenue                          
Property   10.11 1700 Highland Road                          
Property   10.12 1972 Salem Industrial Drive                          
Property   10.13 1800 University Parkway                          
Property   10.14 621 Hunt Valley Circle                          
Property   10.15 5000 Askins Lane                          
Property   10.16 900 Chaddick Drive                          
Property   10.17 6600 Chapek Parkway                          
Property   10.18 53208 Columbia Drive                          
Property   10.19 7750 Hub Parkway                          
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive                          
Property   10.21 3221 Cherry Palm Drive                          
Loan 5 11 Pleasant Prairie Premium Outlets   $100,000,000     50.0% 2.66x 11.2%            
Loan   12 Tucson Place Shopping Center                          
Loan   13 Tottenville Shopping Center                          
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio   $49,700,000     53.4% 2.63x 12.8%            
Property   14.01 Cabela’s Prairie du Chien                          
Property   14.02 Cabela’s Triadelphia                          
Property   14.03 Cabela’s Tooele                          
Loan   15 Village Crest Poughkeepsie Apartments                          
Loan   16 Best Western Plus Silverdale Beach Hotel                          
Loan   17 Country Manor Apartments                          
Loan   18 Stevens Manor Apartments                          
Loan   19 Crosswinds Apartments                          
Loan 11 20 Empire Tower IV                          
Loan   21 Park Plaza II                          
Loan 13 22 La Quinta - Morgan Hill, CA                          
Loan   23 Grand Prairie West All Storage                          
Loan   24 Four Corners Shopping Center                          
Loan   25 Richmond Ranch                          
Loan   26 5700 Lake Worth Road                          
Loan   27 2575 Owners Corp.     $1,000,000   16.3% 4.81x 26.5%            
Loan 11 28 St. Mary’s Plaza                          
Loan 9 29 The Children’s Hospital of Philadelphia                          
Loan   30 Meridian Center                          
Loan   31 Berkshire Village Townhouses, Inc.                          
Loan   32 Center Point Shopping Center                          
Loan 16 33 Brazos Square                          
Loan   34 Lake Havasu Center                          
Loan   35 Orange Grove Medical Plaza                          
Loan   36 Crenshaw Plaza                          
Loan   37 Broadstone Apartments                          
Loan   38 Hopewell Garden Apartments                          
Loan   39 Secor Village                          
Loan   40 Colonial Park Townehouses Cooperative, Inc.                          
Loan   41 Southlands - Aurora                          
Loan   42 Tucker Shops                          
Loan   43 4/70 Owners Corp.     $500,000   5.1% 13.69x 54.0%            
Loan   44 Cashton, A.S., Inc.     $500,000   17.9% 3.57x 19.9%            
Loan   45 Walgreens Carlsbad NM                          
Loan   46 Sanctuary Shopping Center                          
Loan   47 3/69 Owners Corp.     $500,000   4.1% 16.51x 65.5%            
Loan   48 Palmer Terrace Cooperative, Inc.     $300,000   5.9% 14.59x 90.1%            
Loan   49 The Shops at Commerce Village                          
Loan   50 Sanford Apt Corp.     $250,000   13.3% 5.13x 29.0%            

 

 

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

                         
Property
Flag
Footnotes Loan ID Property Name   Coop - Rental Value Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/
Investor Carry
 
Loan 5, 6, 7 , 8, 9 1 Griffin Portfolio                  
Property   1.01 Restoration Hardware Distribution                  
Property   1.02 State Farm Regional HQ                  
Property   1.03 North Pointe I                  
Property   1.04 Corporate Campus at Norterra                  
Property   1.05 CHRISTUS Health HQ                  
Property   1.06 Duke Bridges I                  
Property   1.07 Wells Fargo Operations Center                  
Property   1.08 Ace Hardware HQ                  
Property   1.09 Royal Ridge V                  
Property   1.10 Comcast Regional HQ                  
Loan 5 2 Park Square                  
Loan   3 The New School                  
Loan 5 4 222 Second Street                  
Loan 5, 9, 10 5 Colorado Center                  
Loan 11 6 1235 South Clark Street                  
Loan 6, 7 7 DHG Greater Boston Hotel Portfolio                  
Property   7.01 Crowne Plaza Boston Natick                  
Property   7.02 Holiday Inn Boston-Bunker Hill                  
Property   7.03 Hampton Inn Boston Natick                  
Loan 5, 9, 11, 12 8 237 Park Avenue                  
Loan 9 9 Princeton Place                  
Loan 5, 6, 7, 9, 13, 14 10 U.S. Industrial Portfolio III                  
Property   10.01 2121 Gardner Street                  
Property   10.02 975 Cottonwood Avenue                  
Property   10.03 4925 Bulls Bay Highway                  
Property   10.04 1500 Southeast 37th Street                  
Property   10.05 1501 Industrial Boulevard                  
Property   10.06 10450 Medallion Drive                  
Property   10.07 1001 DDC Way                  
Property   10.08 1152 Armorlite Drive                  
Property   10.09 3800 West Broward Boulevard                  
Property   10.10 2900 & 2950 Hill Avenue                  
Property   10.11 1700 Highland Road                  
Property   10.12 1972 Salem Industrial Drive                  
Property   10.13 1800 University Parkway                  
Property   10.14 621 Hunt Valley Circle                  
Property   10.15 5000 Askins Lane                  
Property   10.16 900 Chaddick Drive                  
Property   10.17 6600 Chapek Parkway                  
Property   10.18 53208 Columbia Drive                  
Property   10.19 7750 Hub Parkway                  
Property   10.20 21699 Torrence Avenue & 2701 Kalvelage Drive                  
Property   10.21 3221 Cherry Palm Drive                  
Loan 5 11 Pleasant Prairie Premium Outlets                  
Loan   12 Tucson Place Shopping Center                  
Loan   13 Tottenville Shopping Center                  
Loan 5, 6, 11, 15 14 Cabela’s Industrial Portfolio                  
Property   14.01 Cabela’s Prairie du Chien                  
Property   14.02 Cabela’s Triadelphia                  
Property   14.03 Cabela’s Tooele                  
Loan   15 Village Crest Poughkeepsie Apartments                  
Loan   16 Best Western Plus Silverdale Beach Hotel                  
Loan   17 Country Manor Apartments                  
Loan   18 Stevens Manor Apartments                  
Loan   19 Crosswinds Apartments                  
Loan 11 20 Empire Tower IV                  
Loan   21 Park Plaza II                  
Loan 13 22 La Quinta - Morgan Hill, CA                  
Loan   23 Grand Prairie West All Storage                  
Loan   24 Four Corners Shopping Center                  
Loan   25 Richmond Ranch                  
Loan   26 5700 Lake Worth Road                  
Loan   27 2575 Owners Corp.   $40,800,000 17.1% 11.9% 14     $30,841  
Loan 11 28 St. Mary’s Plaza                  
Loan 9 29 The Children’s Hospital of Philadelphia                  
Loan   30 Meridian Center                  
Loan   31 Berkshire Village Townhouses, Inc.   $16,500,000 32.5% 1.3%     4 N/A  
Loan   32 Center Point Shopping Center                  
Loan 16 33 Brazos Square                  
Loan   34 Lake Havasu Center                  
Loan   35 Orange Grove Medical Plaza                  
Loan   36 Crenshaw Plaza                  
Loan   37 Broadstone Apartments                  
Loan   38 Hopewell Garden Apartments                  
Loan   39 Secor Village                  
Loan   40 Colonial Park Townehouses Cooperative, Inc.   $9,800,000 34.9%         N/A  
Loan   41 Southlands - Aurora                  
Loan   42 Tucker Shops                  
Loan   43 4/70 Owners Corp.   $41,600,000 7.2%         N/A  
Loan   44 Cashton, A.S., Inc.   $17,100,000 17.5% 47.5% 19     $197,180  
Loan   45 Walgreens Carlsbad NM                  
Loan   46 Sanctuary Shopping Center                  
Loan   47 3/69 Owners Corp.   $43,300,000 5.8% 6.9% 2     -$15,575  
Loan   48 Palmer Terrace Cooperative, Inc.   $41,800,000 6.0%         N/A  
Loan   49 The Shops at Commerce Village                  
Loan   50 Sanford Apt Corp.   $9,900,000 15.2% 24.5%   13   $53,281  

 

 

 

 

  BANK 2017-BNK8
  Footnotes to Annex A-1
   
   
(1) MSBNA—Morgan Stanley Bank, N.A.; BANA—Bank of America, National Association; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; WFB—Wells Fargo Bank, National Association; NCB—National Cooperative Bank, N. A.; NCCB—National Consumer Cooperative Bank
   
(2) Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans which are not in occupancy or are in free rent periods.
   
(3) The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan.
   
(4) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans.
   
(5) Each of the Griffin Portfolio Mortgage Loan (Mortgage Loan No.1), the Park Square Mortgage Loan (Mortgage Loan No. 2), the 222 Second Street Mortgage Loan (Mortgage Loan No. 4), the Colorado Center Mortgage Loan (Mortgage Loan No. 5), the 237 Park Avenue Mortgage Loan (Mortgage Loan No. 8),  the U.S. Industrial Portfolio III Mortgage Loan (Mortgage Loan No. 10), the Pleasant Prairie Premium Outlets Mortgage Loan (Mortgage Loan No. 11) and the Cabela’s Industrial Portfolio Mortgage Loan (Mortgage Loan No. 14) is part of a whole loan related to the Issuing Entity. For further information, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Colorado Center Pari Passu-A/B Whole Loan”, and “—The 237 Park Avenue Pari Passu-A/B Whole Loan”, and “Pooling and Servicing Agreement, and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans”, as applicable, in this prospectus.  
   
(6) With respect to Mortgage Loan No. 1, Griffin Portfolio, Mortgage Loan No. 7, DHG Greater Boston Hotel Portfolio, Mortgage Loan No. 10, U.S. Industrial Portfolio III, and Mortgage Loan No. 14, Cabela’s Industrial Portfolio, each such mortgage loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or UW NCF, among other methods.
   
(7) With respect to Mortgage Loan No. 1, Griffin Portfolio, Mortgage Loan No. 7, DHG Greater Boston Hotel Portfolio, and Mortgage Loan No. 10, U.S. Industrial Portfolio III, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related mortgage loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Relesaes; Partial Releases” in this prospectus.
   
(8) With respect to Mortgage Loan No. 1, Griffin Portfolio, and Mortgage Loan No. 14, Cabela’s Industrial Portfolio, the related loan documents permit a collateral substitution, subject to satisfaction of certain conditions. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Substitution” in this prospectus.

 

 

 

 

   
(9) With respect to Mortgage Loan No. 1, Griffin Portfolio, the “As Portfolio” Appraised Value of $610,000,000 reflects a 3.0% premium attributed to the aggregate “As-is” value of the related mortgaged properties as a whole. The sum of the “As-is” values for each of the related mortgaged properties on an individual basis is $592,060,000, which represents a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 63.3%. See the definition of “Appraised Value” under “Description of the Mortgage Pool—Certain Calculations and Definitions-Definitions” in this prospectus.

With respect to Mortgage Loan No. 5, Colorado Center, the Appraised Value represents the “As-Is Assuming Reserves” value of $1,212,500,000, which assumes upfront reserves of $25,193,502 for existing tenant improvements and leasing commissions costs. The “as-is” Appraised Value of $1,875,500,000 results in a Cut-Off Date LTV Ratio and Maturity Date LTV Ratio of 25.1% and 25.1%, respectively, based on the Colorado Center Mortgage Loan and Colorado Center Non-Serviced Pari Passu Companion Loans, but excluding the Colorado Center Subordinate Companion Loans. Such reserves and letters of credit were escrowed for at closing. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio including the related Subordinate Companion Loans calculated based on the Appraised Value are 45.4% and 45.4% respectively, and based on the “as-is” appraised value are 46.3% and 46.3% respectively. See the definition of “Appraised Value” under “Description of the Mortgage Pool—Certain Calculations and Definitions-Definitions” in this prospectus

With respect to Mortgage Loan No. 8, 237 Park Avenue, the Appraised Value represents the “market value assuming reserves” value of $1,310,000,000, which assumes upfront reserves of $81,365,605 for capital expenditures and tenant improvements and leasing costs for recently signed leases in addition to a $7,500,000 escrow and letters of credit in an aggregate amount of $8,500,000 to cover interest payments. Such reserves and letters of credit were provided at loan closing.The “as-is” Appraised Value of $1,200,000,000 results in a Cut-Off Date LTV Ratio and Maturity Date LTV Ratio of 29.0% and 29.0%, respectively, based on the Mortgage Loan and Pari Passu Companion Loans, but excluding the related Subordinate Companion Loans.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio including the related Subordinate Companion Loans calculated based on the Appraised Value are 52.9% and 52.9% respectively, and based on the “as-is” appraised value are 57.8% and 57.8% respectively. See the definition of “Appraised Value” under “Description of the Mortgage Pool—Certain Calculations and Definitions-Definitions” in this prospectus.

With respect to Mortgage Loan No. 9, Princeton Place, the Appraised Value assumes that all outstanding tenant improvements, leasing commissions and rent abatements have been paid for and completed as of August 1, 2017.  A $12,148,580 reserve was taken at closing, representing the outstanding tenant improvements, leasing commissions and rent abatements.
 
With respect to Mortgage Loan No. 10, U.S. Industrial Portfolio III, the “As Portfolio” Appraised Value of $166,300,000 reflects a 4% premium attributed to the aggregate “As-is” value of the related mortgaged properties as a whole. The sum of the value “As-is” values for each of the related mortgaged properties on an individual basis is $159,940,000, which represents a Cut-off Date LTV Ratio of 75.4% and Maturity Date LTV Ratio of 68.7%. See the definition of “Appraised Value” under “Description of the Mortgage Pool—Certain Calculations and Definitions-Definitions” in this prospectus.

With respect to Mortgage Loan No. 29, Children’s Hospital of Philadelphia, the Appraised Value assumes the building has been complete and rent has commenced.  Construction has been completed and rent is anticipated to commence on March 1, 2018.  A $400,000 reserve was taken at closing, representing gap rent.
   
(10) With respect to Mortgage Loan No. 5, Colorado Center, the borrowers are permitted to deliver a guaranty from Boston Properties Limited Partnership (“BPLP”) in lieu of making required monthly payments to any reserve accounts in the amount required to be on deposit for such purpose, which amount will be reduced as the borrower expends funds for the purposes for which such funds would have otherwise been deposited in the reserve account  (other than with respect to the initial reserves in respect of tenant improvement and leasing commissions costs and for existing gap rent and free rent obligations at origination, which in no event may be replaced by a guaranty from BPLP). Notwithstanding the foregoing, the aggregate amount of any guaranty from BPLP (and the face amount of any letter of credit obtained by BPLP and delivered on behalf of the borrower) may not at any time exceed 10.0% of the outstanding principal balance of the related whole loan.
   
(11) With respect to Mortgage Loan No. 6, 1235 South Clark Street, Mortgage Loan No. 8, 237 Park Avenue, Mortgage Loan No. 14, Cabela’s Industrial Portfolio, Mortgage Loan No. 20, Empire Tower IV, Mortgage Loan No. 29, St. Mary’s Plaza, Mortgage Loan No. 43, 4/70 Owners Corp., and Mortgage Loan No. 47, 3/69 Owners Corp., the related mortgage loan documents permit future subordinate secured financing or mezzanine financing generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” and “—Other Secured Indebtedness” in this prospectus.

 

 

 

 

   
(12) With respect to Mortgage Loan No. 8, 237 Park Avenue, the Largest Tenant, The New York and Presbyterian Hospital, has a right of first offer to purchase any space that becomes available in the other condominium units at the mortgaged property. If The New York and Presbyterian Hospital exercises its right of first offer to purchase available space, the borrower will obtain a release of the lien of the mortgage on the applicable accepted offer space subject to the satisfaction of the conditions set forth in the loan agreement, including, without limitation, satisfaction of the closing conditions under the tenant purchase and sale agreement and the delivery of a collateral assignment of the purchase money note and purchase money mortgage relating to the accepted offer space in substantially the same form as the collateral assignment delivered to lender at loan origination.  The borrower is not required to pay any release price in connection with any such release and is not required to deliver any REMIC opinion in connection therewith.
   
(13) With respect to Mortgage Loan No. 10, U.S. Industrial Portfolio III, Mortgage Loan No. 11 and Mortgage Loan No. 22, La Quinta - Morgan Hill, CA, the related loan documents permit one or more outparcel or other releases without prepayment or defeasance. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases” in this prospectus.
   
(14) With respect to Mortgage Loan No. 10, U.S. Industrial Portfolio III, the sum of the UW NOI and UW NCF for each of the related mortgaged properties is greater than the UW NOI and UW NCF for the related whole loan as a vacancy adjustment was applied to the portfolio level underwriting.
   
(15) With respect to Mortgage Loan No. 14, Cabela’s Industrial Portfolio, the borrower is permitted a 10 business day grace period on late charges two times during the loan term.
   
(16) With respect to Mortgage Loan No. 33, Brazos Square, the TI/LC Reserve Cap is $194,224; $320,000 upon the occurrence of any of the following: (i) Debt Yield is less than 8.0%; or (ii) Texas Dow Credit Union (or any parent, guarantor or replacement tenant) is in default under its lease, “goes dark” in more than 60% of its space or terminates its lease, gives notice of its intent to “go dark” in more than 60% of its space or terminate its lease or fails to renew its lease for at least 40% of its space at least six months prior to expiration of the current lease.
   
A. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Open Period Start Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the Prepayment Calculation Date, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Open Period Start Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
B. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the last day of the Lockout Period each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the Prepayment Calculation Date, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the last day of the Lockout Period, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.

 

 

 

 

   
C. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1 %) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15- Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the Prepayment Calculation Date, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
D. “Yield Maintenance Premium” means, with respect to any payment of principal on a Note or Note Component prior to the Open Prepayment Date, the product of: (A) a fraction whose numerator is the amount so paid and whose denominator is the outstanding principal balance of the Note or Note Component before giving effect to such payment, times (B) the amount by which (1) the sum of the respective present values, computed as of the date of prepayment, of the remaining scheduled payments of principal and interest with respect to the Note or Note Component (including the balloon payment, assuming prepayment of the balloon payment on the Open Prepayment Date), determined by discounting such payments to the date on which such prepayment is made at the Treasury Constant Yield, exceeds (2) the outstanding principal balance of the Note or Note Component on such date immediately prior to such prepayment; provided that the Yield Maintenance Premium shall not be less than 1% of the amount prepaid. The calculation of the Yield Maintenance Premium shall be made by Lender and shall, absent manifest error, be final, conclusive and binding upon all parties.

“Treasury Constant Yield” means the arithmetic mean of the rates published as “Treasury Constant Maturities” as of 5:00 p.m., New York time, for the five Business Days preceding the date on which acceleration has been declared, or, as applicable, the date on which a prepayment subject to a Yield Maintenance Premium pursuant to this Agreement is made, as shown on the USD screen of Reuters (or such other page as may replace that page on that service, or such other page or replacement therefor on any successor service), or if such service is not available, the Bloomberg Service (or any successor service), or if neither Reuters nor the Bloomberg Service is available, under Section 504 in the weekly statistical release designated H.15(519) (or any successor publication) published by the Board of Governors of the Federal Reserve System, for “On the Run” U.S. Treasury obligations corresponding to Open Prepayment Date. If no such maturity shall so exactly correspond, yields for the two most closely corresponding published maturities shall be calculated pursuant to the foregoing sentence and the Treasury Constant Yield shall be interpolated or extrapolated (as applicable) from such yields on a straight-line basis (rounding, in the case of relevant periods, to the nearest month).
   
E. “Yield Maintenance Premium” shall mean an amount equal to the greater of the following two amounts: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date.

“Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.

 

 

 

 

   
F. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) an amount equal to 1% of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required  hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Open Period Start Date (assuming the outstanding principal balance of the Loan is due on the Open Period Start Date), from the Open Period Start Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal

“Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Open Period Start Date (or if two or more such securities have maturity dates equally close to the Open Period Start Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12. Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.
   
G. The Yield Maintenance Premium shall be equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate on this Note the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness evidenced by this Note or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium shall be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance of this Note prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula:

(1 - (1 + r)^(-n/12)) / r

r = Yield Rate
n = the number of months remaining between (1) either of the following: (x) in the case of a voluntary prepayment, the last day of the month during which the prepayment is made, or (y) in any other case, the date on which Payee accelerates the unpaid principal balance of this Note and (2) the Yield Maintenance Period End Date.

As used herein, the “Yield Rate” means the yield calculated by interpolating the yields for the immediately shorter and longer term U.S. “Treasury constant maturities” (as reported in the Federal Reserve Statistical Release H.15 Selected Interest Rates (the “Fed Release”) under the heading “U.S. government securities”) closest to the remaining term of the Yield Maintenance Period Term, as follows (rounded to three decimal places):

(((a-b) / (x-y)) x (z-y)) + b

a = the yield for the longer U.S. Treasury constant maturity
b = the yield for the shorter U.S. Treasury constant maturity
x = the term of the longer U.S. Treasury constant maturity
y = the term of the shorter U.S. Treasury constant maturity
z = “n” (as defined in the present value factor calculation above) divided by 12.

Notwithstanding any provision to the contrary, if “z” equals a term reported under the U.S. “Treasury constant maturities” subheading in the Fed Release, the yield for such term shall be used, and interpolation shall not be necessary.  If publication of the Fed Release is discontinued by the Federal Reserve Board, Payee shall determine the Yield Rate from another source selected by Payee.  Any determination of the Yield Rate by Payee will be binding absent manifest error.