FWP 1 n1311_anxa1-x5.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-26
     

 

     
  BANK 2018-BNK13 Disclaimer  
     
  STATEMENT REGARDING THIS FREE WRITING PROSPECTUS  
  The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-206677) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.  
     
  Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.  
     
  STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION  
  The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, Academy Securities, Inc., Drexel Hamilton, LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.  
     
  This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.  
     
  Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.  
     
  IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES  
  The information herein is preliminary and may be supplemented or amended prior to the time of sale.  
     
  In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.  
     
  The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.  
     
  The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.  
     
  IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS  
  Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.  
     
     

 

 

 

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

 

Mortgage Loan Number Property Name Mortgage Loan Seller(1) Cross Collateralized and Cross Defaulted Loan Flag Address City State Zip Code General Property Type Specific Property Type Year Built
1 1745 Broadway WFB   1745 Broadway New York NY 10019 Office CBD 2003
2 Griffin Portfolio II BANA   Various Various Various Various Various Various Various
2.01 Southern Company Services Headquarters BANA   3525 & 3535 Colonnade Parkway Birmingham AL 35243 Office Suburban 1988
2.02 Amazon.com Sortable Fulfillment Center BANA   11999 National Road Pataskala OH 43062 Industrial Warehouse/Distribution 2016
2.03 IGT North American Gaming & Interactive Headquarters BANA   6355 South Buffalo Drive Las Vegas NV 89113 Office Suburban 2007
2.04 3M Distribution Facility BANA   1650 Macom Drive DeKalb IL 60115 Industrial Warehouse/Distribution 2016
3 Pfizer Building MSMCH   235 East 42nd Street New York NY 10017 Office CBD 1960
4 Showcase II WFB   3791 South Las Vegas Boulevard Las Vegas NV 89109 Retail Anchored 2001
5 ExchangeRight Net Leased Portfolio #22 BANA   Various Various Various Various Various Various Various
5.01 Pick n Save - Sun Prairie WI BANA   2538 Ironwood Drive Sun Prairie WI 53590 Retail Single Tenant 2007
5.02 BioLife Plasma Services L.P. - Glendale AZ BANA   16480 North 59th Avenue Glendale AZ 85306 Office Medical 2018
5.03 Walgreens - West Lafayette IN BANA   1000 Sagamore Parkway West West Lafayette IN 47906 Retail Single Tenant 2001
5.04 CVS - Novi MI BANA   31250 Beck Road Novi MI 48375 Retail Single Tenant 2005
5.05 Tractor Supply - Egg Harbor NJ BANA   6501 Black Horse Pike Egg Harbor Township NJ 08234 Retail Single Tenant 2017
5.06 Walgreens - Bedford TX BANA   4121 Harwood Road Bedford TX 76021 Retail Single Tenant 2002
5.07 Tractor Supply - Oxford MI BANA   575 North Lapeer Road Oxford MI 48371 Retail Single Tenant 2017
5.08 First Midwest Bank - Melrose Park IL BANA   1700 West Lake Street Melrose Park IL 60160 Retail Single Tenant 2007
5.09 Walgreens - Waterford MI BANA   4800 Dixie Highway Waterford Township MI 48329 Retail Single Tenant 1998
5.10 Dollar General - DeLand FL BANA   745 North Spring Garden Avenue DeLand FL 32720 Retail Single Tenant 2011
5.11 Dollar General - Girard OH BANA   520 Churchill Road Girard OH 44420 Retail Single Tenant 2017
5.12 Dollar General- Franklin OH BANA   3959 State Route 122 Franklin OH 45005 Retail Single Tenant 2017
5.13 Family Dollar - Bridge City LA BANA   1409 Bridge City Avenue Bridge City LA 70094 Retail Single Tenant 2018
5.14 Dollar General - Baton Rouge LA BANA   5730 Satin Court Baton Rouge LA 70812 Retail Single Tenant 2017
5.15 Fresenius Medical Care - Vineland NJ BANA   1206 West Sherman Avenue Vineland NJ 08360 Office Medical 2016
6 The Galleria BANA   1 Galleria Boulevard Metairie LA 70001 Office Suburban 1986
7 Broadway Plaza MSMCH   1130, 1150, 1100, 1120, 1142, 1170, 1190 Broadway Street and 644 Naples Street Chula Vista CA 91911 Retail Anchored 2005
8 Plaza Frontenac MSMCH   1701 South Lindbergh Boulevard Frontenac MO 63131 Retail Anchored 1974
9 Town Center Aventura WFB   18701-18995 Biscayne Boulevard; 2711 Northeast 187th Street Aventura FL 33180 Retail Anchored 1979
10 Florida Hotel & Conference Center MSMCH   1500 Sand Lake Road Orlando FL 32809 Hospitality Full Service 1986
11 Ditson Building MSMCH   8 East 34th Street New York NY 10016 Office CBD 1907
12 Fair Oaks Mall BANA   11750 Fair Oaks Mall Fairfax VA 22033 Retail Super Regional Mall 1980
13 Anderson Towne Center MSMCH   7418-7578 Beechmont Avenue Cincinnati OH 45255 Retail Anchored 1967
14 181 Fremont Street WFB   181 Fremont Street San Francisco CA 94105 Office CBD 2018
15 Shoppes at Chino Hills MSMCH   13991-13911 Peyton Drive, 13850-13925 City Center Drive, 3335-3625 Grand Avenue Chino Hills CA 91709 Retail Lifestyle Center 2008
16 Empire Towers V WFB   3990 and 3998 Concours Street Ontario CA 91764 Office Suburban 2007
17 Regal Cinemas Lincolnshire MSMCH   300 Parkway Drive Lincolnshire IL 60069 Retail Movie Theater 1998
18 Hyatt Place - Downtown Boise ID BANA   1024 West Bannock Street Boise ID 83702 Hospitality Select Service 2017
19 CoolSprings Galleria WFB   1800, 1910, 1914 and 1916 Galleria Boulevard Franklin TN 37067 Retail Super Regional Mall 1991
20 Bryant Gardens Corp. NCB   1-15 Bryant Crescent & 175-185 Bryant Avenue White Plains NY 10605 Multifamily Cooperative 1950
21 Staybridge Suites Orlando Airport South WFB   7450 Augusta National Drive Orlando FL 32822 Hospitality Extended Stay 1999
22 Courtyard - Myrtle Beach SC BANA   1000 Commons Boulevard Myrtle Beach SC 29572 Hospitality Limited Service 1999
23 Royal View Estates BANA   8604 Northeast 36th Street Vancouver WA 98662 Multifamily Garden 2013
24 Garage M BANA   222 East 65th Street New York NY 10065 Other Parking Garage 1978
25 Tacoma Mall Office Building BANA   4301 South Pine Street Tacoma WA 98409 Office CBD 1969
26 Bon Aire Residents, Inc. NCB   1-20 Revere Court & 1-14 Danbury Court (a/k/a 24 Bonaire Circle) Suffern NY 10901 Multifamily Cooperative 1966
27 Discovery Centre MSMCH   39205-39303 Country Club Drive Farmington Hills MI 48331 Industrial Flex 1990
28 Holiday Inn Express - Oregon, OH WFB   3154 Navarre Avenue Oregon OH 43616 Hospitality Limited Service 2003
29 Jeffrey Gardens Apartment Corp. NCB   46-40 216th Street, 46-41 215th Street, 47-15 216th Bayside NY 11361 Multifamily Cooperative 1949
30 Alvarado Sunset Apartments BANA   606 Alvarado Avenue Davis CA 95616 Multifamily Garden 1975
31 Academy Professional Campus WFB   5426, 5446, 5526, 5540 North Academy Boulevard Colorado Springs CO 80918 Office Medical 1998
32 Hampton Inn - Brenham TX BANA   2605 Schulte Boulevard Brenham TX 77833 Hospitality Limited Service 2009
33 Stafford Court Apartments BANA   5500 SW 180th Avenue Beaverton OR 97007 Multifamily Garden 1978
34 Memphis MF Portfolio MSMCH   Various Memphis TN Various Multifamily Garden Various
34.01 Mendenhall Gardens MSMCH   553 North Mendhall Road Memphis TN 38177 Multifamily Garden 1962
34.02 High Point Apartments MSMCH   481-491 North Highland Street Memphis TN 38122 Multifamily Garden 1965
35 32nd Street Retail WFB   3165 East Lincoln Drive Phoenix AZ 85016 Retail Shadow Anchored 1982
36 100 Grove Road WFB   100 Grove Road West Deptford NJ 08086 Office Suburban 1989
37 2-4 Windsor Terrace Owners, Inc. NCB   2-4 Windsor Terrace White Plains NY 10602 Multifamily Cooperative 1955
38 Harrison Gardens Owners, Inc. NCB   15 Harrison Avenue Amityville NY 11701 Multifamily Cooperative 1971
39 Parts Authority and Laurel Self Storage WFB   9731 and 9735 Washington Boulevard North Laurel MD 20723 Industrial Warehouse 1959
40 415 Gramatan Avenue Corporation NCB   415 Gramatan Avenue Mount Vernon NY 10552 Multifamily Cooperative 1963
41 Darien Pointe Plaza BANA   7517 & 7533 South Cass Avenue Darien IL 60561 Retail Unanchored 2015
42 Greenwich and Perry Street Housing Corporation NCB   725-731 Greenwich Street a/k/a 116-221 Perry Street New York NY 10014 Multifamily Cooperative 1850
43 Camberwell Apartments BANA   106 South Carney Drive Saint Clair MI 48079 Multifamily Garden 1987
44 Rancho Lone Mountain Storage - NV WFB   6501 West Lone Mountain Road Las Vegas NV 89130 Self Storage Self Storage 2007
45 Maple Terrace Apartments BANA   1535 Southeast Maple Street Hillsboro OR 97123 Multifamily Garden 1971
46 Southwest Villas Jacksonville BANA   5565 Connie Jean Road Jacksonville FL 32222 Multifamily Garden 1981
47 530 Riverdale Owners Corp. NCB   530 Riverdale Avenue a/k/a 518 Riverdale Avenue Yonkers NY 10705 Multifamily Cooperative 1955
48 140 E. 83rd Tenants Corp. NCB   140 East 83rd Street New York NY 10028 Multifamily Cooperative 1961
49 Canby Gardens Apartments BANA   645 North Pine Street Canby OR 97013 Multifamily Garden 1971
50 Penbrook Owners, Corp. NCB   50-60 Hempstead Avenue Lynbrook NY 11563 Multifamily Cooperative 1961
51 Chapel Owners Corp. NCB   20 Chapel Place Great Neck NY 11021 Multifamily Cooperative 1963
52 595 McLean Owners, Inc. NCB   595 McLean Avenue Yonkers NY 10705 Multifamily Cooperative 1950
53 Crestwood Apartments, Inc. NCB   One Meadow Drive Woodsburgh NY 11598 Multifamily Cooperative 1931
54 Ridgecrest Owners Corp. NCB   35-69  1/2 Carpenter Avenue Mount Kisco NY 10549 Multifamily Cooperative 1954
55 Palatka Oaks Apartments BANA   200 College Road Palatka FL 32177 Multifamily Garden 1977
56 Keep Self Storage WFB   16617 Kuykendahl Road Houston TX 77068 Self Storage Self Storage 1996
57 78-06 Owners Corp. NCB   78-06 46th Avenue Elmhurst NY 11373 Multifamily Cooperative 1965
58 251 Seaman Owners Corp. NCB   251 Seaman Avenue New York NY 10034 Multifamily Cooperative 1939
59 439 East 88 Owners Corp. NCB   439 East 88th Street New York NY 10128 Multifamily Cooperative 1880
60 College Gardens Cooperative, Inc. NCB   3535-3555 Kings College Place Bronx NY 10467 Multifamily Cooperative 1953
61 68 Laight Street Owners Corp. NCB   68 Laight Street New York NY 10013 Multifamily Cooperative 1892
62 236 East 28th Street Owners Corp. NCB   236 East 28th Street New York NY 10016 Multifamily Cooperative 1910

 

A-1-1

  

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

 

Mortgage Loan Number Property Name Year Renovated Number of Units(2) Unit of Measure(2) Cut-off Date Balance Per Unit/SF(5) Original Balance ($) Cut-off Date Balance ($) % of Aggregate Cut-off Date Balance Maturity Date or ARD Balloon Payment ($) ARD Loan(3) Origination Date First Pay Date Last IO Pay Date First P&I Pay Date Maturity Date or Anticipated Repayment Date ARD Loan Maturity Date(3)
1 1745 Broadway   684,515 Sq. Ft. 466 94,000,000 94,000,000 9.96% 94,000,000 N 5/24/2018 7/11/2018 6/11/2028   6/11/2028  
2 Griffin Portfolio II Various 2,726,080 Sq. Ft. 92 85,000,000 85,000,000 9.00% 85,000,000 N 4/27/2018 6/1/2018 5/1/2028   5/1/2028  
2.01 Southern Company Services Headquarters 2018 669,438 Sq. Ft.   33,864,000 33,864,000 3.59%                
2.02 Amazon.com Sortable Fulfillment Center   856,254 Sq. Ft.   20,910,000 20,910,000 2.21%                
2.03 IGT North American Gaming & Interactive Headquarters   222,268 Sq. Ft.   15,402,000 15,402,000 1.63%                
2.04 3M Distribution Facility   978,120 Sq. Ft.   14,824,000 14,824,000 1.57%                
3 Pfizer Building 2004 823,623 Sq. Ft. 152 65,000,000 65,000,000 6.88% 2,252,843 N 7/11/2018 9/8/2018   9/8/2018 8/8/2024  
4 Showcase II 2018 41,407 Sq. Ft. 3,091 50,000,000 50,000,000 5.30% 50,000,000 N 4/24/2018 6/11/2018 5/11/2028   5/11/2028  
5 ExchangeRight Net Leased Portfolio #22   229,251 Sq. Ft. 190 43,521,600 43,521,600 4.61% 43,521,600 N 6/7/2018 8/1/2018 7/1/2028   7/1/2028  
5.01 Pick n Save - Sun Prairie WI   59,500 Sq. Ft.   7,626,000 7,626,000 0.81%                
5.02 BioLife Plasma Services L.P. - Glendale AZ   15,230 Sq. Ft.   7,130,000 7,130,000 0.76%                
5.03 Walgreens - West Lafayette IN   14,175 Sq. Ft.   4,749,200 4,749,200 0.50%                
5.04 CVS - Novi MI   13,013 Sq. Ft.   4,172,600 4,172,600 0.44%                
5.05 Tractor Supply - Egg Harbor NJ   19,097 Sq. Ft.   3,658,000 3,658,000 0.39%                
5.06 Walgreens - Bedford TX   13,650 Sq. Ft.   3,025,600 3,025,600 0.32%                
5.07 Tractor Supply - Oxford MI   21,930 Sq. Ft.   2,790,000 2,790,000 0.30%                
5.08 First Midwest Bank - Melrose Park IL   3,000 Sq. Ft.   2,765,200 2,765,200 0.29%                
5.09 Walgreens - Waterford MI   13,905 Sq. Ft.   2,715,600 2,715,600 0.29%                
5.10 Dollar General - DeLand FL   9,026 Sq. Ft.   1,209,000 1,209,000 0.13%                
5.11 Dollar General - Girard OH   10,566 Sq. Ft.   1,116,000 1,116,000 0.12%                
5.12 Dollar General- Franklin OH   9,100 Sq. Ft.   967,200 967,200 0.10%                
5.13 Family Dollar - Bridge City LA   8,320 Sq. Ft.   830,800 830,800 0.09%                
5.14 Dollar General - Baton Rouge LA   7,489 Sq. Ft.   756,400 756,400 0.08%                
5.15 Fresenius Medical Care - Vineland NJ   11,250 Sq. Ft.   10,000 10,000 0.00%                
6 The Galleria   470,540 Sq. Ft. 89 42,000,000 42,000,000 4.45% 42,000,000 N 5/30/2018 7/1/2018 6/1/2028   6/1/2028  
7 Broadway Plaza   356,335 Sq. Ft. 115 40,950,000 40,950,000 4.34% 40,950,000 Y 6/21/2018 8/1/2018 7/1/2028   7/1/2028 11/1/2029
8 Plaza Frontenac 1994 351,006 Sq. Ft. 285 40,000,000 40,000,000 4.24% 40,000,000 N 7/2/2018 9/1/2018 8/1/2028   8/1/2028  
9 Town Center Aventura 2013 186,138 Sq. Ft. 430 40,000,000 40,000,000 4.24% 40,000,000 N 7/2/2018 8/11/2018 7/11/2028   7/11/2028  
10 Florida Hotel & Conference Center 2017 511 Rooms 78,278 40,000,000 40,000,000 4.24% 40,000,000 N 6/1/2018 7/1/2018 6/1/2023   6/1/2023  
11 Ditson Building 2016 58,850 Sq. Ft. 637 37,500,000 37,500,000 3.97% 37,500,000 N 7/6/2018 9/1/2018 8/1/2028   8/1/2028  
12 Fair Oaks Mall 2014 779,949 Sq. Ft. 224 33,750,000 33,644,821 3.56% 31,274,436 N 4/27/2018 6/10/2018   6/10/2018 5/10/2023  
13 Anderson Towne Center 2017 347,622 Sq. Ft. 122 25,000,000 24,921,433 2.64% 20,744,642 N 4/26/2018 6/1/2018   6/1/2018 5/1/2028  
14 181 Fremont Street   436,332 Sq. Ft. 573 22,000,000 22,000,000 2.33% 22,000,000 Y 3/29/2018 5/6/2018 4/6/2028   4/6/2028 4/6/2031
15 Shoppes at Chino Hills   378,676 Sq. Ft. 290 22,000,000 22,000,000 2.33% 22,000,000 N 5/9/2018 7/1/2018 6/1/2028   6/1/2028  
16 Empire Towers V   124,614 Sq. Ft. 156 19,400,000 19,400,000 2.05% 17,903,144 N 6/29/2018 8/11/2018 7/11/2023 8/11/2023 7/11/2028  
17 Regal Cinemas Lincolnshire 2017 75,372 Sq. Ft. 219 16,500,000 16,474,261 1.74% 12,307,870 N 6/6/2018 8/1/2018   8/1/2018 7/1/2028  
18 Hyatt Place - Downtown Boise ID   150 Rooms 108,167 16,225,000 16,225,000 1.72% 14,702,484 N 6/15/2018 8/1/2018 7/1/2022 8/1/2022 7/1/2028  
19 CoolSprings Galleria 2017 640,176 Sq. Ft. 241 15,000,000 14,944,076 1.58% 12,141,682 N 4/30/2018 6/11/2018   6/11/2018 5/11/2028  
20 Bryant Gardens Corp. 2002 407 Units 34,276 14,000,000 13,950,153 1.48% 10,233,144 N 5/21/2018 7/1/2018   7/1/2018 6/1/2028  
21 Staybridge Suites Orlando Airport South 2016 135 Rooms 97,037 13,100,000 13,100,000 1.39% 11,376,794 N 6/14/2018 8/11/2018 7/11/2020 8/11/2020 7/11/2028  
22 Courtyard - Myrtle Beach SC 2016 157 Rooms 80,621 12,670,000 12,657,537 1.34% 10,527,555 N 6/7/2018 8/1/2018   8/1/2018 7/1/2028  
23 Royal View Estates   80 Units 127,984 10,250,000 10,238,720 1.08% 8,387,078 N 6/7/2018 8/1/2018   8/1/2018 7/1/2028  
24 Garage M   300 Spaces 33,333 10,000,000 10,000,000 1.06% 10,000,000 N 6/29/2018 8/1/2018 7/1/2028   7/1/2028  
25 Tacoma Mall Office Building 2014 115,518 Sq. Ft. 86 9,930,000 9,930,000 1.05% 8,745,303 N 6/27/2018 8/1/2018 7/1/2021 8/1/2021 7/1/2028  
26 Bon Aire Residents, Inc. 1998 209 Units 45,042 9,425,000 9,413,691 1.00% 7,613,366 N 6/21/2018 8/1/2018   8/1/2018 7/1/2028  
27 Discovery Centre   165,109 Sq. Ft. 50 8,250,000 8,229,187 0.87% 5,047,572 N 6/15/2018 8/1/2018   8/1/2018 7/1/2028  
28 Holiday Inn Express - Oregon, OH 2016 85 Rooms 90,273 7,700,000 7,673,203 0.81% 6,465,238 N 5/10/2017 6/11/2017 5/11/2018 6/11/2018 5/11/2027  
29 Jeffrey Gardens Apartment Corp. 2017 277 Units 26,714 7,405,000 7,399,889 0.78% 6,570,756 N 6/29/2018 8/1/2018   8/1/2018 7/1/2028  
30 Alvarado Sunset Apartments   65 Units 92,308 6,000,000 6,000,000 0.64% 6,000,000 N 4/9/2018 6/1/2018 5/1/2028   5/1/2028  
31 Academy Professional Campus 2017 67,811 Sq. Ft. 85 5,750,000 5,750,000 0.61% 5,750,000 N 6/12/2018 8/11/2018 7/11/2028   7/11/2028  
32 Hampton Inn - Brenham TX   66 Rooms 83,256 5,500,000 5,494,906 0.58% 4,604,967 N 6/22/2018 8/1/2018   8/1/2018 7/1/2028  
33 Stafford Court Apartments   72 Units 69,444 5,000,000 5,000,000 0.53% 5,000,000 N 6/28/2018 8/1/2018 7/1/2028   7/1/2028  
34 Memphis MF Portfolio Various 146 Units 29,110 4,250,000 4,250,000 0.45% 4,250,000 N 6/7/2018 8/1/2018 7/1/2028   7/1/2028  
34.01 Mendenhall Gardens 2008 82 Units   2,495,513 2,495,513 0.26%                
34.02 High Point Apartments 2017 64 Units   1,754,487 1,754,487 0.19%                
35 32nd Street Retail 2012 13,868 Sq. Ft. 286 3,960,000 3,960,000 0.42% 3,960,000 N 4/6/2017 5/11/2017 4/11/2027   4/11/2027  
36 100 Grove Road   61,492 Sq. Ft. 62 3,825,000 3,812,671 0.40% 3,162,273 N 5/11/2018 6/11/2018   6/11/2018 5/11/2028  
37 2-4 Windsor Terrace Owners, Inc. 2002 78 Units 47,956 3,750,000 3,740,592 0.40% 3,033,209 N 5/31/2018 7/1/2018   7/1/2018 6/1/2028  
38 Harrison Gardens Owners, Inc. 1997 88 Units 42,276 3,725,000 3,720,267 0.39% 2,981,745 N 6/29/2018 8/1/2018   8/1/2018 7/1/2028  
39 Parts Authority and Laurel Self Storage 2016 84,000 Sq. Ft. 39 3,300,000 3,300,000 0.35% 3,300,000 N 6/29/2018 8/11/2018 7/11/2028   7/11/2028  
40 415 Gramatan Avenue Corporation 2013 52 Units 61,455 3,200,000 3,195,645 0.34% 2,866,403 N 5/29/2018 7/1/2018   7/1/2018 6/1/2028  
41 Darien Pointe Plaza   14,494 Sq. Ft. 207 3,000,000 2,997,408 0.32% 2,800,448 N 6/15/2018 8/1/2018   8/1/2018 7/1/2023  
42 Greenwich and Perry Street Housing Corporation 1998 50 Units 59,930 3,000,000 2,996,480 0.32% 2,431,694 N 6/25/2018 8/1/2018   8/1/2018 7/1/2028  
43 Camberwell Apartments   87 Units 33,046 2,875,000 2,875,000 0.30% 2,875,000 N 6/12/2018 8/1/2018 7/1/2028   7/1/2028  
44 Rancho Lone Mountain Storage - NV   72,016 Sq. Ft. 40 2,865,000 2,854,552 0.30% 1,214,416 N 6/29/2018 8/11/2018   8/11/2018 7/11/2028  
45 Maple Terrace Apartments   50 Units 56,000 2,800,000 2,800,000 0.30% 2,800,000 N 6/28/2018 8/1/2018 7/1/2028   7/1/2028  
46 Southwest Villas Jacksonville   61 Units 45,082 2,750,000 2,750,000 0.29% 2,400,101 N 4/30/2018 6/1/2018 5/1/2020 6/1/2020 5/1/2028  
47 530 Riverdale Owners Corp. 1997 59 Units 45,732 2,700,000 2,698,198 0.29% 2,402,832 N 6/26/2018 8/1/2018   8/1/2018 7/1/2028  
48 140 E. 83rd Tenants Corp. 2010 57 Units 43,748 2,500,000 2,493,627 0.26% 2,016,564 N 5/30/2018 7/1/2018   7/1/2018 6/1/2028  
49 Canby Gardens Apartments   34 Units 64,706 2,200,000 2,200,000 0.23% 2,200,000 N 6/28/2018 8/1/2018 7/1/2028   7/1/2028  
50 Penbrook Owners, Corp. 2016 72 Units 29,783 2,150,000 2,144,352 0.23% 1,725,185 N 5/24/2018 7/1/2018   7/1/2018 6/1/2028  
51 Chapel Owners Corp. 2003 49 Units 41,730 2,050,000 2,044,763 0.22% 1,653,009 N 5/15/2018 7/1/2018   7/1/2018 6/1/2028  
52 595 McLean Owners, Inc. 2006 52 Units 38,437 2,000,000 1,998,706 0.21% 1,784,495 N 6/28/2018 8/1/2018   8/1/2018 7/1/2028  
53 Crestwood Apartments, Inc. 2000 36 Units 55,488 2,000,000 1,997,563 0.21% 1,611,653 N 6/28/2018 8/1/2018   8/1/2018 7/1/2028  
54 Ridgecrest Owners Corp. 1997 80 Units 24,937 2,000,000 1,994,942 0.21% 1,615,484 N 5/31/2018 7/1/2018   7/1/2018 6/1/2028  
55 Palatka Oaks Apartments 2008 58 Units 32,759 1,900,000 1,900,000 0.20% 1,900,000 N 4/30/2018 6/1/2018 5/1/2028   5/1/2028  
56 Keep Self Storage 2011 33,934 Sq. Ft. 56 1,890,000 1,890,000 0.20% 1,641,104 N 6/8/2018 7/11/2018 6/11/2020 7/11/2020 6/11/2028  
57 78-06 Owners Corp. 2013 56 Units 26,717 1,500,000 1,496,161 0.16% 1,209,099 N 6/1/2018 7/1/2018   7/1/2018 6/1/2028  
58 251 Seaman Owners Corp. 2016 63 Units 20,478 1,300,000 1,290,107 0.14% 544,655 N 5/29/2018 7/1/2018   7/1/2018 6/1/2028  
59 439 East 88 Owners Corp. 2016 31 Units 38,662 1,200,000 1,198,534 0.13% 966,656 N 6/27/2018 8/1/2018   8/1/2018 7/1/2028  
60 College Gardens Cooperative, Inc. 1998 119 Units 9,868 1,175,000 1,174,281 0.12% 1,053,141 N 6/29/2018 8/1/2018   8/1/2018 7/1/2028  
61 68 Laight Street Owners Corp. 2012 9 Units 110,979 1,000,000 998,813 0.11% 809,177 N 6/27/2018 8/1/2018   8/1/2018 7/1/2028  
62 236 East 28th Street Owners Corp. 2008 30 Units 33,294 1,000,000 998,813 0.11% 809,177 N 6/27/2018 8/1/2018   8/1/2018 7/1/2028  

 

A-1-2

 

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

 

Mortgage Loan Number Property Name Gross Mortgage Rate Operating Advisor Fee Certificate Administrator Fee Rate Servicing Fee CREFC® IP Royalty License Fee Rate Asset Representations Reviewer Fee Rate Net Mortgage Rate Interest Accrual Method Monthly P&I Payment ($) Amortization Type Interest Accrual Method During IO Original Term to Maturity or ARD (Mos.)
1 1745 Broadway 3.76800% 0.00000% 0.00770% 0.00375% 0.00050% 0.00025% 3.75580% Actual/360 299,259.44 Interest-only, Balloon Actual/360 120
2 Griffin Portfolio II 4.31500% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.29870% Actual/360 309,890.91 Interest-only, Balloon Actual/360 120
2.01 Southern Company Services Headquarters                        
2.02 Amazon.com Sortable Fulfillment Center                        
2.03 IGT North American Gaming & Interactive Headquarters                        
2.04 3M Distribution Facility                        
3 Pfizer Building 3.58500% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 3.56870% Actual/360 998,613.20 Self-Amortizing   72
4 Showcase II 4.89630% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.88000% Actual/360 206,846.01 Interest-only, Balloon Actual/360 120
5 ExchangeRight Net Leased Portfolio #22 4.32000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.30370% Actual/360 158,853.84 Interest-only, Balloon Actual/360 120
5.01 Pick n Save - Sun Prairie WI                        
5.02 BioLife Plasma Services L.P. - Glendale AZ                        
5.03 Walgreens - West Lafayette IN                        
5.04 CVS - Novi MI                        
5.05 Tractor Supply - Egg Harbor NJ                        
5.06 Walgreens - Bedford TX                        
5.07 Tractor Supply - Oxford MI                        
5.08 First Midwest Bank - Melrose Park IL                        
5.09 Walgreens - Waterford MI                        
5.10 Dollar General - DeLand FL                        
5.11 Dollar General - Girard OH                        
5.12 Dollar General- Franklin OH                        
5.13 Family Dollar - Bridge City LA                        
5.14 Dollar General - Baton Rouge LA                        
5.15 Fresenius Medical Care - Vineland NJ                        
6 The Galleria 4.25000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.23370% Actual/360 150,815.97 Interest-only, Balloon Actual/360 120
7 Broadway Plaza 4.67200% 0.00285% 0.00770% 0.02500% 0.00050% 0.00025% 4.63570% Actual/360 161,646.33 Interest-only, ARD Actual/360 120
8 Plaza Frontenac 4.43300% 0.00000% 0.00770% 0.00500% 0.00050% 0.00025% 4.41955% Actual/360 149,818.98 Interest-only, Balloon Actual/360 120
9 Town Center Aventura 4.89000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.87370% Actual/360 165,263.89 Interest-only, Balloon Actual/360 120
10 Florida Hotel & Conference Center 5.60000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.58370% Actual/360 189,259.26 Interest-only, Balloon Actual/360 60
11 Ditson Building 5.43000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.41370% Actual/360 172,044.27 Interest-only, Balloon Actual/360 120
12 Fair Oaks Mall 4.25800% 0.00000% 0.00770% 0.00500% 0.00050% 0.00025% 4.24455% Actual/360 157,843.66 Amortizing Balloon   60
13 Anderson Towne Center 5.28000% 0.00285% 0.00770% 0.02250% 0.00050% 0.00025% 5.24620% Actual/360 138,515.83 Amortizing Balloon   120
14 181 Fremont Street 3.70860% 0.00000% 0.00770% 0.00500% 0.00050% 0.00025% 3.69515% Actual/360 68,935.32 Interest-only, ARD Actual/360 120
15 Shoppes at Chino Hills 5.17500% 0.00000% 0.00770% 0.00500% 0.00050% 0.00025% 5.16155% Actual/360 96,192.71 Interest-only, Balloon Actual/360 120
16 Empire Towers V 5.03000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.01370% Actual/360 104,499.38 Interest-only, Amortizing Balloon Actual/360 120
17 Regal Cinemas Lincolnshire 4.93000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.91370% Actual/360 95,785.62 Amortizing Balloon   120
18 Hyatt Place - Downtown Boise ID 5.11000% 0.00285% 0.00770% 0.05250% 0.00050% 0.00025% 5.04620% Actual/360 88,193.32 Interest-only, Amortizing Balloon Actual/360 120
19 CoolSprings Galleria 4.83900% 0.00000% 0.00770% 0.00500% 0.00050% 0.00025% 4.82555% 30/360 79,053.79 Amortizing Balloon   120
20 Bryant Gardens Corp. 4.39000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.29870% Actual/360 76,945.03 Amortizing Balloon   120
21 Staybridge Suites Orlando Airport South 5.14500% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.12870% Actual/360 71,489.09 Interest-only, Amortizing Balloon Actual/360 120
22 Courtyard - Myrtle Beach SC 5.32300% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.30670% Actual/360 70,538.17 Amortizing Balloon   120
23 Royal View Estates 4.85000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.83370% Actual/360 54,088.41 Amortizing Balloon   120
24 Garage M 4.81000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.79370% Actual/360 40,640.05 Interest-only, Balloon Actual/360 120
25 Tacoma Mall Office Building 4.76400% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.74770% Actual/360 51,883.41 Interest-only, Amortizing Balloon Actual/360 120
26 Bon Aire Residents, Inc. 4.47000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.37870% Actual/360 47,587.23 Amortizing Balloon   120
27 Discovery Centre 4.28000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.26370% Actual/360 51,218.95 Amortizing Balloon   120
28 Holiday Inn Express - Oregon, OH 4.81000% 0.00285% 0.00770% 0.05250% 0.00050% 0.00025% 4.74620% Actual/360 40,445.79 Interest-only, Amortizing Balloon Actual/360 120
29 Jeffrey Gardens Apartment Corp. 4.19000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.09870% Actual/360 31,829.09 Amortizing Balloon   120
30 Alvarado Sunset Apartments 4.82000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.80370% Actual/360 24,434.72 Interest-only, Balloon Actual/360 120
31 Academy Professional Campus 5.04000% 0.00285% 0.00770% 0.03500% 0.00050% 0.00025% 4.99370% Actual/360 24,485.42 Interest-only, Balloon Actual/360 120
32 Hampton Inn - Brenham TX 5.56700% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.55070% Actual/360 31,459.99 Amortizing Balloon   120
33 Stafford Court Apartments 4.90900% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.89270% Actual/360 20,738.25 Interest-only, Balloon Actual/360 120
34 Memphis MF Portfolio 4.99000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.97370% Actual/360 17,918.37 Interest-only, Balloon Actual/360 120
34.01 Mendenhall Gardens                        
34.02 High Point Apartments                        
35 32nd Street Retail 4.84000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.82370% Actual/360 16,193.83 Interest-only, Balloon Actual/360 120
36 100 Grove Road 5.16500% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.14870% Actual/360 20,920.87 Amortizing Balloon   120
37 2-4 Windsor Terrace Owners, Inc. 4.51000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.41870% Actual/360 19,022.99 Amortizing Balloon   120
38 Harrison Gardens Owners, Inc. 4.21000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.11870% Actual/360 18,237.64 Amortizing Balloon   120
39 Parts Authority and Laurel Self Storage 4.88000% 0.00285% 0.00770% 0.07250% 0.00050% 0.00025% 4.79620% Actual/360 13,606.39 Interest-only, Balloon Actual/360 120
40 415 Gramatan Avenue Corporation 4.52000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.42870% Actual/360 14,427.18 Amortizing Balloon   120
41 Darien Pointe Plaza 5.84000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.82370% Actual/360 17,679.08 Amortizing Balloon   60
42 Greenwich and Perry Street Housing Corporation 4.57000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.47870% Actual/360 15,325.59 Amortizing Balloon   120
43 Camberwell Apartments 5.20600% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.18970% Actual/360 12,645.94 Interest-only, Balloon Actual/360 120
44 Rancho Lone Mountain Storage - NV 4.87000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.85370% Actual/360 22,462.70 Amortizing Balloon   120
45 Maple Terrace Apartments 4.90900% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.89270% Actual/360 11,613.42 Interest-only, Balloon Actual/360 120
46 Southwest Villas Jacksonville 5.34500% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.32870% Actual/360 15,347.82 Interest-only, Amortizing Balloon Actual/360 120
47 530 Riverdale Owners Corp. 4.29000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.19870% Actual/360 11,776.15 Amortizing Balloon   120
48 140 E. 83rd Tenants Corp. 4.43000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.33870% Actual/360 12,563.36 Amortizing Balloon   120
49 Canby Gardens Apartments 4.90900% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 4.89270% Actual/360 9,124.83 Interest-only, Balloon Actual/360 120
50 Penbrook Owners, Corp. 4.28000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.18870% Actual/360 10,614.50 Amortizing Balloon   120
51 Chapel Owners Corp. 4.42000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.32870% Actual/360 10,289.83 Amortizing Balloon   120
52 595 McLean Owners, Inc. 4.38000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.28870% Actual/360 8,837.57 Amortizing Balloon   120
53 Crestwood Apartments, Inc. 4.40000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.30870% Actual/360 10,015.22 Amortizing Balloon   120
54 Ridgecrest Owners Corp. 4.47000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.37870% Actual/360 10,098.09 Amortizing Balloon   120
55 Palatka Oaks Apartments 5.14500% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.12870% Actual/360 8,259.39 Interest-only, Balloon Actual/360 120
56 Keep Self Storage 5.14000% 0.00285% 0.00770% 0.00500% 0.00050% 0.00025% 5.12370% Actual/360 10,308.25 Interest-only, Amortizing Balloon Actual/360 120
57 78-06 Owners Corp. 4.41000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.31870% Actual/360 7,520.28 Amortizing Balloon   120
58 251 Seaman Owners Corp. 4.62000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.52870% Actual/360 10,024.83 Amortizing Balloon   120
59 439 East 88 Owners Corp. 4.39000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.29870% Actual/360 6,002.04 Amortizing Balloon   120
60 College Gardens Cooperative, Inc. 4.54000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.44870% Actual/360 5,312.61 Amortizing Balloon   120
61 68 Laight Street Owners Corp. 4.52000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.42870% Actual/360 5,078.74 Amortizing Balloon   120
62 236 East 28th Street Owners Corp. 4.52000% 0.00285% 0.00770% 0.08000% 0.00050% 0.00025% 4.42870% Actual/360 5,078.74 Amortizing Balloon   120

 

A-1-3

 

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

 

Mortgage Loan Number Property Name Remaining Term to Maturity or ARD (Mos.) Original IO Period (Mos.) Remaining IO Period (Mos.) Original Amort Term (Mos.) Remaining Amort Term (Mos.) Seasoning Prepayment Provisions Grace Period Default (Days) Grace Period Late (Days) Appraised Value ($)(4)
1 1745 Broadway 118 120 118 0 0 2 L(26),GRTR 1% or YM or D(87),O(7) 0 0 632,000,000
2 Griffin Portfolio II 117 120 117 0 0 3 L(24),GRTR 1% or YM(90),O(6) 0 0 415,500,000
2.01 Southern Company Services Headquarters                   153,250,000
2.02 Amazon.com Sortable Fulfillment Center                   94,600,000
2.03 IGT North American Gaming & Interactive Headquarters                   75,540,000
2.04 3M Distribution Facility                   72,300,000
3 Pfizer Building 72 0 0 75 75 0 L(24),D(43),O(5) 0 0 210,000,000
4 Showcase II 117 120 117 0 0 3 L(27),D(89),O(4) 0 5 237,000,000
5 ExchangeRight Net Leased Portfolio #22 119 120 119 0 0 1 L(25),D(91),O(4) 5 5 73,580,000
5.01 Pick n Save - Sun Prairie WI                   12,300,000
5.02 BioLife Plasma Services L.P. - Glendale AZ                   11,500,000
5.03 Walgreens - West Lafayette IN                   7,660,000
5.04 CVS - Novi MI                   6,730,000
5.05 Tractor Supply - Egg Harbor NJ                   5,900,000
5.06 Walgreens - Bedford TX                   4,880,000
5.07 Tractor Supply - Oxford MI                   4,500,000
5.08 First Midwest Bank - Melrose Park IL                   4,460,000
5.09 Walgreens - Waterford MI                   4,380,000
5.10 Dollar General - DeLand FL                   1,950,000
5.11 Dollar General - Girard OH                   1,800,000
5.12 Dollar General- Franklin OH                   1,560,000
5.13 Family Dollar - Bridge City LA                   1,340,000
5.14 Dollar General - Baton Rouge LA                   1,220,000
5.15 Fresenius Medical Care - Vineland NJ                   3,400,000
6 The Galleria 118 120 118 0 0 2 L(26),D(89),O(5) 0 0 67,570,000
7 Broadway Plaza 119 120 119 0 0 1 L(25),D(90),O(5) 5 0 58,500,000
8 Plaza Frontenac 120 120 120 0 0 0 L(24),D(92),O(4) 2, once every 12-month period 0 210,000,000
9 Town Center Aventura 119 120 119 0 0 1 L(25),D(88),O(7) 0 0 133,400,000
10 Florida Hotel & Conference Center 58 60 58 0 0 2 L(26),D(29),O(5) 5 0 65,300,000
11 Ditson Building 120 120 120 0 0 0 L(24),D(91),O(5) 5 0 62,000,000
12 Fair Oaks Mall 57 0 0 360 357 3 L(27),D(29),O(4) 0 0 545,600,000
13 Anderson Towne Center 117 0 0 360 357 3 L(23),GRTR 1% or YM(93),O(4) 5 0 60,600,000
14 181 Fremont Street 116 120 116 0 0 4 L(23),GRTR 1% or YM(5),GRTR 1% or YM or D(85),O(7) 0 0 632,000,000
15 Shoppes at Chino Hills 118 120 118 0 0 2 L(26),D(89),O(5) 5 5 176,000,000
16 Empire Towers V 119 60 59 360 360 1 L(25),GRTR 1% or YM(91),O(4) 0 0 30,500,000
17 Regal Cinemas Lincolnshire 119 0 0 300 299 1 L(25),D(91),O(4) 5 5 26,300,000
18 Hyatt Place - Downtown Boise ID 119 48 47 360 360 1 L(25),D(90),O(5) 4 5 27,100,000
19 CoolSprings Galleria 117 0 0 360 357 3 L(27),GRTR 1% or YM or D(89),O(4) 0 5 322,000,000
20 Bryant Gardens Corp. 118 0 0 300 298 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 71,200,000
21 Staybridge Suites Orlando Airport South 119 24 23 360 360 1 L(25),D(91),O(4) 0 0 19,300,000
22 Courtyard - Myrtle Beach SC 119 0 0 360 359 1 L(25),D(91),O(4) 4 5 18,700,000
23 Royal View Estates 119 0 0 360 359 1 L(25),D(91),O(4) 4 5 18,800,000
24 Garage M 119 120 119 0 0 1 L(25),D(91),O(4) 4 0 21,600,000
25 Tacoma Mall Office Building 119 36 35 360 360 1 L(25),D(91),O(4) 4 5 16,900,000
26 Bon Aire Residents, Inc. 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 28,441,000
27 Discovery Centre 119 0 0 240 239 1 L(25),D(90),O(5) 5 5 17,500,000
28 Holiday Inn Express - Oregon, OH 105 12 0 360 357 15 L(39),GRTR 1% or YM(77),O(4) 0 0 10,800,000
29 Jeffrey Gardens Apartment Corp. 119 0 0 480 479 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 65,900,000
30 Alvarado Sunset Apartments 117 120 117 0 0 3 L(27),D(89),O(4) 4 5 11,700,000
31 Academy Professional Campus 119 120 119 0 0 1 L(25),GRTR 1% or YM(91),O(4) 0 0 9,100,000
32 Hampton Inn - Brenham TX 119 0 0 360 359 1 L(25),D(91),O(4) 0 0 7,900,000
33 Stafford Court Apartments 119 120 119 0 0 1 L(25),D(91),O(4) 4 5 11,500,000
34 Memphis MF Portfolio 119 120 119 0 0 1 L(23),GRTR 1% or YM(93),O(4) 5 5 7,800,000
34.01 Mendenhall Gardens                   4,580,000
34.02 High Point Apartments                   3,220,000
35 32nd Street Retail 104 120 104 0 0 16 L(40),D(76),O(4) 0 0 7,300,000
36 100 Grove Road 117 0 0 360 357 3 L(27),D(89),O(4) 0 0 5,100,000
37 2-4 Windsor Terrace Owners, Inc. 118 0 0 360 358 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 15,820,000
38 Harrison Gardens Owners, Inc. 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 15,000,000
39 Parts Authority and Laurel Self Storage 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 8,950,000
40 415 Gramatan Avenue Corporation 118 0 0 480 478 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 9,300,000
41 Darien Pointe Plaza 59 0 0 360 359 1 L(25),D(31),O(4) 4 5 5,100,000
42 Greenwich and Perry Street Housing Corporation 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 27,930,000
43 Camberwell Apartments 119 120 119 0 0 1 L(25),D(91),O(4) 4 5 4,600,000
44 Rancho Lone Mountain Storage - NV 119 0 0 180 179 1 L(25),D(91),O(4) 0 0 7,530,000
45 Maple Terrace Apartments 119 120 119 0 0 1 L(25),D(91),O(4) 4 5 6,400,000
46 Southwest Villas Jacksonville 117 24 21 360 360 3 L(27),D(89),O(4) 4 5 4,000,000
47 530 Riverdale Owners Corp. 119 0 0 480 479 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 7,700,000
48 140 E. 83rd Tenants Corp. 118 0 0 360 358 2 GRTR 1% or YM(113),1%(2),O(5) 10 10 90,700,000
49 Canby Gardens Apartments 119 120 119 0 0 1 L(25),D(91),O(4) 4 5 4,600,000
50 Penbrook Owners, Corp. 118 0 0 360 358 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 13,550,000
51 Chapel Owners Corp. 118 0 0 360 358 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 21,200,000
52 595 McLean Owners, Inc. 119 0 0 480 479 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 5,500,000
53 Crestwood Apartments, Inc. 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 11,450,000
54 Ridgecrest Owners Corp. 118 0 0 360 358 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 13,100,000
55 Palatka Oaks Apartments 117 120 117 0 0 3 L(27),D(89),O(4) 4 5 3,100,000
56 Keep Self Storage 118 24 22 360 360 2 L(26),D(90),O(4) 0 0 2,700,000
57 78-06 Owners Corp. 118 0 0 360 358 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 12,150,000
58 251 Seaman Owners Corp. 118 0 0 180 178 2 GRTR 1% or YM(113),1%(3),O(4) 10 10 26,680,000
59 439 East 88 Owners Corp. 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 20,870,000
60 College Gardens Cooperative, Inc. 119 0 0 480 479 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 22,900,000
61 68 Laight Street Owners Corp. 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 21,900,000
62 236 East 28th Street Owners Corp. 119 0 0 360 359 1 GRTR 1% or YM(113),1%(3),O(4) 10 10 12,905,000

 

A-1-4

 

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

 

Mortgage Loan Number Property Name Appraisal Date Coop -Rental Value  Coop - LTV as Rental Coop - Unsold Percent  Coop - Sponsor Units  Coop - Investor Units  Coop - Units Coop - Sponsor Carry Coop - Committed Secondary Debt U/W NOI DSCR (x)(5) U/W NCF DSCR (x)(5) Cut-off Date LTV Ratio(4)(5) LTV Ratio at Maturity or ARD(4)(5) Cut-off Date U/W NOI Debt Yield(5) Cut-off Date U/W NCF Debt Yield(5)
1 1745 Broadway 4/18/2018                 3.03 3.00 50.5% 50.5% 11.6% 11.5%
2 Griffin Portfolio II 4/26/2018                 2.12 2.01 60.2% 60.2% 9.3% 8.8%
2.01 Southern Company Services Headquarters 4/9/2018                            
2.02 Amazon.com Sortable Fulfillment Center 4/10/2018                            
2.03 IGT North American Gaming & Interactive Headquarters 4/11/2018                            
2.04 3M Distribution Facility 4/11/2018                            
3 Pfizer Building 3/26/2018                 1.00 1.00 59.5% 2.1% 18.4% 18.4%
4 Showcase II 4/1/2019                 1.64 1.62 54.0% 54.0% 8.1% 8.0%
5 ExchangeRight Net Leased Portfolio #22 Various                 2.20 2.12 59.1% 59.1% 9.6% 9.3%
5.01 Pick n Save - Sun Prairie WI 5/13/2018                            
5.02 BioLife Plasma Services L.P. - Glendale AZ 5/16/2018                            
5.03 Walgreens - West Lafayette IN 5/10/2018                            
5.04 CVS - Novi MI 5/15/2018                            
5.05 Tractor Supply - Egg Harbor NJ 5/17/2018                            
5.06 Walgreens - Bedford TX 5/11/2018                            
5.07 Tractor Supply - Oxford MI 5/15/2018                            
5.08 First Midwest Bank - Melrose Park IL 5/17/2018                            
5.09 Walgreens - Waterford MI 5/15/2018                            
5.10 Dollar General - DeLand FL 5/13/2018                            
5.11 Dollar General - Girard OH 5/10/2018                            
5.12 Dollar General- Franklin OH 5/10/2018                            
5.13 Family Dollar - Bridge City LA 5/4/2018                            
5.14 Dollar General - Baton Rouge LA 3/9/2018                            
5.15 Fresenius Medical Care - Vineland NJ 5/17/2018                            
6 The Galleria 4/24/2018                 2.83 2.48 62.2% 62.2% 12.2% 10.7%
7 Broadway Plaza 5/14/2018                 1.68 1.64 70.0% 70.0% 8.0% 7.8%
8 Plaza Frontenac 5/20/2018                 2.23 2.09 47.6% 47.6% 10.0% 9.4%
9 Town Center Aventura 5/11/2018                 1.63 1.60 60.0% 60.0% 8.1% 7.9%
10 Florida Hotel & Conference Center 4/12/2018                 2.85 2.42 61.3% 61.3% 16.2% 13.8%
11 Ditson Building 4/20/2018                 1.41 1.32 60.5% 60.5% 7.8% 7.2%
12 Fair Oaks Mall 2/3/2018                 3.05 2.89 32.0% 29.7% 17.1% 16.3%
13 Anderson Towne Center 3/8/2018                 1.41 1.28 69.8% 58.1% 9.4% 8.6%
14 181 Fremont Street 3/1/2021                 3.15 3.14 39.6% 39.6% 11.8% 11.8%
15 Shoppes at Chino Hills 4/14/2018                 1.62 1.55 62.5% 62.5% 8.5% 8.1%
16 Empire Towers V 5/15/2018                 1.46 1.46 63.6% 58.7% 9.4% 9.4%
17 Regal Cinemas Lincolnshire 4/11/2018                 1.54 1.45 62.6% 46.8% 10.7% 10.1%
18 Hyatt Place - Downtown Boise ID 4/9/2018                 2.00 1.79 59.9% 54.3% 13.0% 11.7%
19 CoolSprings Galleria 3/23/2018                 2.01 1.91 48.0% 39.0% 12.8% 12.1%
20 Bryant Gardens Corp. 4/13/2018 64,000,000 21.8% 5.2% 21 0 0 (12,208)   4.61 4.50 19.6% 14.4% 30.5% 29.8%
21 Staybridge Suites Orlando Airport South 4/17/2019                 2.31 2.07 67.9% 58.9% 15.2% 13.6%
22 Courtyard - Myrtle Beach SC 4/1/2019                 2.02 1.82 67.7% 56.3% 13.5% 12.1%
23 Royal View Estates 4/6/2018                 1.61 1.58 54.5% 44.6% 10.2% 10.0%
24 Garage M 5/23/2018                 2.04 2.01 46.3% 46.3% 9.9% 9.8%
25 Tacoma Mall Office Building 3/1/2018                 2.11 1.83 58.8% 51.7% 13.2% 11.5%
26 Bon Aire Residents, Inc. 5/11/2018 32,000,000 29.4% 0.0% 0 0 0     3.34 3.25 33.1% 26.8% 20.3% 19.7%
27 Discovery Centre 4/18/2018                 2.36 1.97 47.0% 28.8% 17.6% 14.7%
28 Holiday Inn Express - Oregon, OH 5/29/2018                 2.00 1.79 71.0% 59.9% 12.6% 11.3%
29 Jeffrey Gardens Apartment Corp. 4/10/2018 58,600,000 12.6% 34.7% 96 0 0 691,271   7.44 7.29 11.2% 10.0% 38.4% 37.6%
30 Alvarado Sunset Apartments 2/16/2018                 2.25 2.17 51.3% 51.3% 11.0% 10.6%
31 Academy Professional Campus 5/11/2018                 2.35 2.07 63.2% 63.2% 12.0% 10.6%
32 Hampton Inn - Brenham TX 3/3/2018                 2.09 1.88 69.6% 58.3% 14.4% 12.9%
33 Stafford Court Apartments 3/22/2018                 2.23 2.16 43.5% 43.5% 11.1% 10.7%
34 Memphis MF Portfolio 4/11/2018                 1.93 1.75 54.5% 54.5% 9.8% 8.8%
34.01 Mendenhall Gardens 4/11/2018                            
34.02 High Point Apartments 4/11/2018                            
35 32nd Street Retail 2/1/2019                 2.31 2.23 54.2% 54.2% 11.4% 11.0%
36 100 Grove Road 3/22/2018                 2.09 1.87 74.8% 62.0% 13.8% 12.3%
37 2-4 Windsor Terrace Owners, Inc. 4/12/2018 16,500,000 22.7% 19.2% 15 0 0 33,404 300,000 4.14 4.05 23.6% 19.2% 25.3% 24.7%
38 Harrison Gardens Owners, Inc. 3/19/2018 16,300,000 22.8% 36.4% 0 31 1 226,653 250,000 4.19 4.09 24.8% 19.9% 24.7% 24.1%
39 Parts Authority and Laurel Self Storage 5/18/2019                 2.85 2.68 36.9% 36.9% 14.1% 13.3%
40 415 Gramatan Avenue Corporation 4/3/2018 9,150,000 34.9% 0.0% 0 0 0   250,000 2.98 2.91 34.4% 30.8% 16.2% 15.8%
41 Darien Pointe Plaza 3/15/2018                 1.64 1.59 58.8% 54.9% 11.6% 11.3%
42 Greenwich and Perry Street Housing Corporation 2/21/2018 24,000,000 12.5% 14.0% 3 4 0 (78,214) 1,000,000 5.97 5.94 10.7% 8.7% 36.7% 36.5%
43 Camberwell Apartments 3/14/2018                 2.54 2.40 62.5% 62.5% 13.4% 12.6%
44 Rancho Lone Mountain Storage - NV 4/10/2018                 1.58 1.56 37.9% 16.1% 15.0% 14.7%
45 Maple Terrace Apartments 3/22/2018                 2.25 2.16 43.8% 43.8% 11.2% 10.8%
46 Southwest Villas Jacksonville 3/14/2018                 1.67 1.57 68.8% 60.0% 11.2% 10.5%
47 530 Riverdale Owners Corp. 4/24/2018 10,400,000 25.9% 3.4% 1 0 1 1,111 400,000 4.13 4.03 35.0% 31.2% 21.7% 21.1%
48 140 E. 83rd Tenants Corp. 4/12/2018 64,700,000 3.9% 0.0% 0 0 0   500,000 17.26 17.17 2.7% 2.2% 104.4% 103.8%
49 Canby Gardens Apartments 3/29/2018                 2.31 2.23 47.8% 47.8% 11.5% 11.1%
50 Penbrook Owners, Corp. 3/12/2018 14,100,000 15.2% 2.8% 0 0 2     6.21 6.10 15.8% 12.7% 36.9% 36.2%
51 Chapel Owners Corp. 3/20/2018 20,700,000 9.9% 0.0% 0 0 0   250,000 8.92 8.79 9.6% 7.8% 53.8% 53.1%
52 595 McLean Owners, Inc. 6/1/2018 7,700,000 26.0% 36.5% 19 0 0 105,018 400,000 4.28 4.17 36.3% 32.4% 22.7% 22.1%
53 Crestwood Apartments, Inc. 5/25/2018 10,900,000 18.3% 0.0% 0 0 0   300,000 5.32 5.20 17.4% 14.1% 32.0% 31.3%
54 Ridgecrest Owners Corp. 4/16/2018 15,500,000 12.9% 2.5% 2 0 0 4,422 500,000 7.50 7.37 15.2% 12.3% 45.6% 44.8%
55 Palatka Oaks Apartments 3/14/2018                 2.49 2.29 61.3% 61.3% 13.0% 11.9%
56 Keep Self Storage 4/27/2018                 1.52 1.48 70.0% 60.8% 9.9% 9.7%
57 78-06 Owners Corp. 3/27/2018 10,400,000 14.4% 3.6% 2 0 0 7,483   6.33 6.21 12.3% 10.0% 38.2% 37.4%
58 251 Seaman Owners Corp. 5/4/2018 17,700,000 7.3% 12.7% 8 0 0 50,674 500,000 6.73 6.62 4.8% 2.0% 62.8% 61.8%
59 439 East 88 Owners Corp. 4/27/2018 10,300,000 11.6% 3.2% 0 0 1   500,000 7.70 7.48 5.7% 4.6% 46.3% 45.0%
60 College Gardens Cooperative, Inc. 5/3/2018 32,900,000 3.6% 0.0% 0 0 0   500,000 30.17 29.64 5.1% 4.6% 163.8% 160.9%
61 68 Laight Street Owners Corp. 5/30/2018 10,050,000 9.9% 0.0% 0 0 0   200,000 9.21 9.07 4.6% 3.7% 56.2% 55.4%
62 236 East 28th Street Owners Corp. 5/16/2018 9,000,000 11.1% 6.7% 2 0 0 (2,147) 200,000 7.54 7.39 7.7% 6.3% 46.0% 45.1%

 

A-1-5

  

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

 

Mortgage Loan Number Property Name U/W Revenues ($)(6) U/W Expenses ($) U/W Net Operating Income ($) U/W Replacement ($) U/W TI/LC ($) U/W Net Cash Flow ($) Occupancy Rate(7) Occupancy as-of Date U/W Hotel ADR U/W Hotel RevPAR Most Recent Period Most Recent Revenues ($) Most Recent Expenses ($) Most Recent NOI ($)
1 1745 Broadway 60,711,276 23,764,145 36,947,131 136,903 205,175 36,605,053 100.0% 7/1/2018     NAV NAV NAV NAV
2 Griffin Portfolio II 30,710,040 7,482,500 23,227,540 272,608 996,165 21,958,766 100.0% 8/1/2018     Actual 2017 17,515,628 2,215,224 15,300,404
2.01 Southern Company Services Headquarters 13,111,680 4,638,720 8,472,959 66,944 334,719 8,071,296 100.0% 8/1/2018     Actual 2017 1,476,942 568,429 908,513
2.02 Amazon.com Sortable Fulfillment Center 6,412,018 489,851 5,922,167 85,625 256,876 5,579,665 100.0% 8/1/2018     Actual 2017 6,236,794 766,019 5,470,775
2.03 IGT North American Gaming & Interactive Headquarters 5,286,494 791,564 4,494,930 22,227 111,134 4,361,569 100.0% 8/1/2018     Actual 2017 5,362,986 758,054 4,604,932
2.04 3M Distribution Facility 5,899,848 1,562,364 4,337,484 97,812 293,436 3,946,236 100.0% 8/1/2018     Actual 2017 4,438,905 122,722 4,316,183
3 Pfizer Building 32,944,920 9,900,000 23,044,920 0 0 23,044,920 100.0% 8/1/2018     NAV NAV NAV NAV
4 Showcase II 11,287,376 890,855 10,396,521 11,180 82,912 10,302,429 100.0% 7/1/2018     NAV NAV NAV NAV
5 ExchangeRight Net Leased Portfolio #22 4,304,538 107,613 4,196,925 14,456 144,846 4,037,623 100.0% 8/1/2018     NAV NAV NAV NAV
5.01 Pick n Save - Sun Prairie WI 728,042 18,201 709,841 0 37,593 672,247 100.0% 8/1/2018     NAV NAV NAV NAV
5.02 BioLife Plasma Services L.P. - Glendale AZ 648,515 16,213 632,302 0 9,623 622,680 100.0% 8/1/2018     NAV NAV NAV NAV
5.03 Walgreens - West Lafayette IN 456,000 11,400 444,600 2,126 8,956 433,518 100.0% 8/1/2018     NAV NAV NAV NAV
5.04 CVS - Novi MI 400,787 10,020 390,768 1,952 8,222 380,594 100.0% 8/1/2018     NAV NAV NAV NAV
5.05 Tractor Supply - Egg Harbor NJ 338,170 8,454 329,715 2,865 12,066 314,785 100.0% 8/1/2018     NAV NAV NAV NAV
5.06 Walgreens - Bedford TX 278,350 6,959 271,391 0 8,624 262,767 100.0% 8/1/2018     NAV NAV NAV NAV
5.07 Tractor Supply - Oxford MI 265,335 6,633 258,702 3,290 13,856 241,556 100.0% 8/1/2018     NAV NAV NAV NAV
5.08 First Midwest Bank - Melrose Park IL 254,689 6,367 248,322 450 1,895 245,977 100.0% 8/1/2018     NAV NAV NAV NAV
5.09 Walgreens - Waterford MI 261,553 6,539 255,014 2,086 8,786 244,143 100.0% 8/1/2018     NAV NAV NAV NAV
5.10 Dollar General - DeLand FL 115,587 2,890 112,697 0 5,703 106,994 100.0% 8/1/2018     NAV NAV NAV NAV
5.11 Dollar General - Girard OH 110,013 2,750 107,263 0 6,676 100,587 100.0% 8/1/2018     NAV NAV NAV NAV
5.12 Dollar General- Franklin OH 96,132 2,403 93,729 0 5,750 87,980 100.0% 8/1/2018     NAV NAV NAV NAV
5.13 Family Dollar - Bridge City LA 82,650 2,066 80,584 0 5,257 75,327 100.0% 8/1/2018     NAV NAV NAV NAV
5.14 Dollar General - Baton Rouge LA 76,339 1,908 74,431 0 4,732 69,699 100.0% 8/1/2018     NAV NAV NAV NAV
5.15 Fresenius Medical Care - Vineland NJ 192,375 4,809 187,566 1,688 7,108 178,770 100.0% 8/1/2018     NAV NAV NAV NAV
6 The Galleria 10,090,164 4,972,101 5,118,063 150,573 481,709 4,485,781 84.0% 6/1/2018     TTM 5/31/2018 10,096,216 4,837,387 5,258,829
7 Broadway Plaza 4,627,369 1,363,716 3,263,654 7,228 78,394 3,178,032 100.0% 4/15/2018     TTM 4/30/2018 4,247,740 1,097,810 3,149,930
8 Plaza Frontenac 14,299,486 4,277,252 10,022,234 52,651 578,000 9,391,583 96.5% 3/1/2018     Actual 2017 14,118,075 4,232,807 9,885,268
9 Town Center Aventura 8,337,806 1,872,202 6,465,604 37,228 96,890 6,331,486 93.8% 5/16/2018     TTM 5/31/2018 7,927,391 1,839,735 6,087,656
10 Florida Hotel & Conference Center 24,121,341 17,651,046 6,470,294 964,854 0 5,505,440 79.8% 4/30/2018 110 88 TTM 4/30/2018 24,122,481 17,857,082 6,265,399
11 Ditson Building 3,982,585 1,073,285 2,909,301 11,620 179,493 2,718,188 100.0% 4/1/2018     TTM 3/31/2018 2,825,297 1,072,577 1,752,720
12 Fair Oaks Mall 45,095,362 15,187,457 29,907,905 144,930 1,364,911 28,398,064 91.6% 2/1/2018     Actual 2017 47,308,867 15,012,540 32,296,326
13 Anderson Towne Center 5,958,446 1,987,433 3,971,012 52,143 295,479 3,623,390 95.5% 4/19/2018     Actual 2017 4,743,546 1,821,845 2,921,701
14 181 Fremont Street 43,664,053 14,094,390 29,569,663 87,266 0 29,482,397 100.0% 8/1/2018     NAV NAV NAV NAV
15 Shoppes at Chino Hills 13,847,197 4,492,149 9,355,048 63,117 348,131 8,943,800 94.6% 4/1/2018     Actual 2017 12,761,335 4,540,632 8,220,704
16 Empire Towers V 3,003,877 1,172,231 1,831,646 31,154 -31,154 1,831,646 100.0% 5/3/2018     TTM 5/31/2018 3,430,388 1,105,683 2,324,705
17 Regal Cinemas Lincolnshire 1,821,298 54,639 1,766,659 17,417 86,678 1,662,565 100.0% 5/25/2018     Actual 2017 1,863,595 22,650 1,840,945
18 Hyatt Place - Downtown Boise ID 5,428,938 3,316,792 2,112,146 217,158 0 1,894,988 65.9% 4/30/2018 140 90 TTM 5/31/2018 5,428,938 3,229,939 2,198,999
19 CoolSprings Galleria 30,554,183 10,828,665 19,725,518 128,035 868,402 18,729,081 96.2% 4/24/2018     Actual 2017 31,190,786 10,512,713 20,678,073
20 Bryant Gardens Corp. 7,953,295 3,693,427 4,259,868 103,000 0 4,156,868 95.0% 4/13/2018            
21 Staybridge Suites Orlando Airport South 5,228,899 3,243,313 1,985,586 209,156 0 1,776,430 92.6% 4/30/2018 111 103 TTM 4/30/2018 5,228,899 3,293,329 1,935,570
22 Courtyard - Myrtle Beach SC 4,264,617 2,557,628 1,706,989 170,585 0 1,536,404 56.2% 4/30/2018 123 69 TTM 4/30/2018 4,264,617 2,543,940 1,720,677
23 Royal View Estates 1,425,525 382,432 1,043,093 19,500 0 1,023,593 96.3% 6/1/2018     TTM 3/31/2018 1,410,309 408,354 1,001,955
24 Garage M 1,493,513 500,022 993,491 15,000 0 978,491 100.0% 8/1/2018     TTM 3/31/2018 1,560,202 510,667 1,049,535
25 Tacoma Mall Office Building 2,201,638 890,317 1,311,321 23,104 146,802 1,141,415 92.0% 5/31/2018     Actual 2017 2,334,468 913,528 1,420,940
26 Bon Aire Residents, Inc. 3,913,278 2,003,255 1,910,023 53,000 0 1,857,023 98.0% 5/11/2018            
27 Discovery Centre 1,984,703 532,342 1,452,361 44,288 199,815 1,208,258 92.7% 6/14/2018     TTM 4/30/2018 1,738,625 550,071 1,188,554
28 Holiday Inn Express - Oregon, OH 2,486,739 1,517,659 969,080 99,470 0 869,610 73.4% 4/30/2018 108 79 TTM 4/30/2018 2,486,739 1,517,659 969,080
29 Jeffrey Gardens Apartment Corp. 5,272,196 2,432,044 2,840,152 55,800 0 2,784,352 95.9% 4/10/2018            
30 Alvarado Sunset Apartments 1,135,080 475,163 659,917 23,725 0 636,192 98.5% 3/21/2018     TTM 1/31/2018 1,117,084 464,780 652,304
31 Academy Professional Campus 1,242,618 552,803 689,815 19,665 62,131 608,019 93.0% 5/1/2018     TTM 4/30/2018 785,179 460,528 324,651
32 Hampton Inn - Brenham TX 2,003,625 1,214,672 788,953 80,145 0 708,808 75.8% 4/30/2018 109 83 TTM 4/30/2018 2,003,625 1,183,308 820,317
33 Stafford Court Apartments 983,042 428,519 554,523 18,000 0 536,523 98.6% 5/31/2018     TTM 4/30/2018 983,042 428,136 554,906
34 Memphis MF Portfolio 1,187,524 771,679 415,845 40,571 0 375,274 94.5% 5/1/2018     TTM 4/30/2018 1,164,066 701,984 462,082
34.01 Mendenhall Gardens 684,780 422,177 262,603 21,236 0 241,368 97.6% 5/1/2018     TTM 4/30/2018 664,173 379,976 284,197
34.02 High Point Apartments 502,744 349,502 153,242 19,336 0 133,906 90.6% 5/1/2018     TTM 4/30/2018 499,893 322,008 177,885
35 32nd Street Retail 566,450 116,945 449,505 4,992 10,401 434,112 100.0% 5/7/2018     TTM 5/31/2018 461,472 99,564 361,908
36 100 Grove Road 821,137 296,432 524,705 24,597 30,746 469,362 90.9% 5/8/2018     Actual 2017 809,708 283,580 526,128
37 2-4 Windsor Terrace Owners, Inc. 1,642,272 697,061 945,211 21,200 0 924,011 98.0% 4/12/2018            
38 Harrison Gardens Owners, Inc. 1,464,472 546,945 917,527 21,500 0 896,027 98.0% 3/19/2018            
39 Parts Authority and Laurel Self Storage 655,563 189,501 466,062 12,206 15,782 438,074 100.0% 6/4/2018     TTM 5/31/2018 611,286 175,047 436,239
40 415 Gramatan Avenue Corporation 1,076,901 560,249 516,652 13,250 0 503,402 96.0% 4/3/2018            
41 Darien Pointe Plaza 429,385 82,371 347,014 2,174 7,207 337,633 100.0% 5/16/2018     TTM 4/30/2018 330,132 67,492 262,640
42 Greenwich and Perry Street Housing Corporation 1,663,788 564,965 1,098,823 6,200 0 1,092,623 97.7% 2/21/2018            
43 Camberwell Apartments 663,288 277,990 385,298 21,750 0 363,548 98.9% 5/2/2018     TTM 2/28/2018 662,233 277,960 384,273
44 Rancho Lone Mountain Storage - NV 686,748 259,597 427,151 6,446 0 420,706 87.2% 6/14/2018     TTM 3/31/2018 617,462 279,545 337,917
45 Maple Terrace Apartments 599,622 285,574 314,048 12,500 0 301,548 90.0% 6/6/2018     TTM 4/30/2018 599,623 291,640 307,983
46 Southwest Villas Jacksonville 517,354 210,401 306,953 18,011 0 288,942 93.4% 4/11/2018     TTM 2/28/2018 507,129 213,654 293,475
47 530 Riverdale Owners Corp. 1,041,526 457,218 584,308 14,800 0 569,508 97.0% 4/24/2018            
48 140 E. 83rd Tenants Corp. 4,614,250 2,011,791 2,602,459 14,500 0 2,587,959 97.0% 4/12/2018            
49 Canby Gardens Apartments 444,719 191,821 252,898 8,500 0 244,398 100.0% 5/29/2018     TTM 4/30/2018 444,719 193,240 251,479
50 Penbrook Owners, Corp. 1,349,855 558,673 791,182 14,600 0 776,582 96.0% 3/12/2018            
51 Chapel Owners Corp. 1,639,216 538,193 1,101,023 16,000 0 1,085,023 98.0% 3/20/2018            
52 595 McLean Owners, Inc. 828,691 374,627 454,064 12,200 0 441,864 98.0% 6/1/2018            
53 Crestwood Apartments, Inc. 1,053,872 414,225 639,647 14,800 0 624,847 95.0% 5/25/2018            
54 Ridgecrest Owners Corp. 1,470,518 561,716 908,802 15,900 0 892,902 98.0% 4/16/2018            
55 Palatka Oaks Apartments 488,321 241,638 246,683 20,140 0 226,543 93.1% 4/11/2018     TTM 2/28/2018 495,723 244,467 251,256
56 Keep Self Storage 340,824 153,258 187,566 5,090 0 182,476 85.2% 4/27/2018     TTM 5/31/2018 334,832 128,661 206,171
57 78-06 Owners Corp. 957,627 386,137 571,490 11,400 0 560,090 96.0% 3/27/2018            
58 251 Seaman Owners Corp. 1,512,840 703,259 809,581 12,800 0 796,781 96.2% 5/4/2018            
59 439 East 88 Owners Corp. 987,145 432,723 554,422 15,500 0 538,922 96.0% 4/27/2018            
60 College Gardens Cooperative, Inc. 3,127,066 1,203,560 1,923,506 34,100 0 1,889,406 98.0% 5/3/2018            
61 68 Laight Street Owners Corp. 800,888 239,779 561,109 8,100 0 553,009 96.0% 5/30/2018            
62 236 East 28th Street Owners Corp. 794,238 334,831 459,407 9,300 0 450,107 96.0% 5/16/2018            

 

A-1-6

 

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

 

Mortgage Loan Number Property Name Most Recent Capital Expenditures Most Recent NCF ($) Most Recent Hotel ADR Most Recent Hotel RevPAR Second Most Recent Period Second Most Recent Revenues ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent Capital Expenditures Second Most Recent NCF ($) Second Most Recent Hotel ADR Second Most Recent Hotel RevPAR Third Most Recent Period
1 1745 Broadway NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
2 Griffin Portfolio II 0 15,300,404     NAV NAV NAV NAV NAV NAV     NAV
2.01 Southern Company Services Headquarters 0 908,513     NAV NAV NAV NAV NAV NAV     NAV
2.02 Amazon.com Sortable Fulfillment Center 0 5,470,775     NAV NAV NAV NAV NAV NAV     NAV
2.03 IGT North American Gaming & Interactive Headquarters 0 4,604,932     NAV NAV NAV NAV NAV NAV     NAV
2.04 3M Distribution Facility 0 4,316,183     NAV NAV NAV NAV NAV NAV     NAV
3 Pfizer Building NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
4 Showcase II NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5 ExchangeRight Net Leased Portfolio #22 NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.01 Pick n Save - Sun Prairie WI NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.02 BioLife Plasma Services L.P. - Glendale AZ NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.03 Walgreens - West Lafayette IN NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.04 CVS - Novi MI NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.05 Tractor Supply - Egg Harbor NJ NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.06 Walgreens - Bedford TX NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.07 Tractor Supply - Oxford MI NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.08 First Midwest Bank - Melrose Park IL NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.09 Walgreens - Waterford MI NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.10 Dollar General - DeLand FL NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.11 Dollar General - Girard OH NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.12 Dollar General- Franklin OH NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.13 Family Dollar - Bridge City LA NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.14 Dollar General - Baton Rouge LA NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
5.15 Fresenius Medical Care - Vineland NJ NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
6 The Galleria 0 5,258,829     Actual 2017 10,204,597 4,825,167 5,379,430 0 5,379,430     Actual 2016
7 Broadway Plaza 0 3,149,930     Actual 2017 4,250,901 1,081,187 3,169,714 0 3,169,714     Actual 2016
8 Plaza Frontenac 0 9,885,268     Actual 2016 13,965,170 4,181,335 9,783,836 0 9,783,836     Actual 2015
9 Town Center Aventura 0 6,087,656     Actual 2017 7,926,182 1,812,633 6,113,549 0 6,113,549     Actual 2016
10 Florida Hotel & Conference Center 964,899 5,300,500 110 88 Actual 2017 23,475,121 17,458,962 6,016,159 1,058,171 4,957,988 109 86 Actual 2016
11 Ditson Building 0 1,752,720     Actual 2017 2,537,015 898,885 1,638,129 0 1,638,129     Actual 2016
12 Fair Oaks Mall 0 32,296,326     Actual 2016 50,381,051 15,478,478 34,902,573 0 34,902,573     Actual 2015
13 Anderson Towne Center 0 2,921,701     Actual 2016 2,285,552 1,087,470 1,198,082 0 1,198,082     Actual 2015
14 181 Fremont Street NAV NAV     NAV NAV NAV NAV NAV NAV     NAV
15 Shoppes at Chino Hills 0 8,220,704     Actual 2016 12,562,560 4,885,089 7,677,471 0 7,677,471     Actual 2014
16 Empire Towers V 0 2,324,705     Actual 2017 3,384,729 1,109,482 2,275,247 0 2,275,247     Actual 2016
17 Regal Cinemas Lincolnshire 0 1,840,945     Actual 2016 2,334,778 67,835 2,266,943 0 2,266,943     Actual 2015
18 Hyatt Place - Downtown Boise ID 0 2,198,999 137 91 NAV NAV NAV NAV NAV NAV NAV NAV NAV
19 CoolSprings Galleria 0 20,678,073     Actual 2016 30,477,106 10,176,949 20,300,157 0 20,300,157     Actual 2015
20 Bryant Gardens Corp.                          
21 Staybridge Suites Orlando Airport South 0 1,935,570 111 103 Actual 2017 4,943,650 3,208,707 1,734,943 0 1,734,943 106 97 Actual 2016
22 Courtyard - Myrtle Beach SC 170,585 1,550,092 123 69 Actual 2017 4,269,254 2,543,653 1,725,601 170,770 1,554,831 122 69 Actual 2016
23 Royal View Estates 0 1,001,955     Actual 2017 1,408,164 394,563 1,013,601 0 1,013,601     Actual 2016
24 Garage M 0 1,049,535     Actual 2017 1,560,202 496,765 1,063,437 0 1,063,437     Actual 2016
25 Tacoma Mall Office Building 0 1,420,940     Actual 2016 2,250,936 869,750 1,381,186 0 1,381,186     Actual 2015
26 Bon Aire Residents, Inc.                          
27 Discovery Centre 112,734 1,075,820     Actual 2017 1,822,796 533,327 1,289,470 119,306 1,170,164     Actual 2016
28 Holiday Inn Express - Oregon, OH 0 969,080 108 79 Actual 2017 2,368,161 1,490,938 877,223 0 877,223 108 76 Actual 2015
29 Jeffrey Gardens Apartment Corp.                          
30 Alvarado Sunset Apartments 0 652,304     Actual 2017 1,107,996 461,558 646,438 0 646,438     Actual 2016
31 Academy Professional Campus 0 324,651     Actual 2017 704,260 408,485 295,776 0 295,776     Actual 2016
32 Hampton Inn - Brenham TX 0 820,317 109 83 Actual 2017 2,007,016 1,194,766 812,250 0 812,250 106 83 Actual 2016
33 Stafford Court Apartments 0 554,906     Actual 2017 960,192 430,668 529,524 0 529,524     Actual 2016
34 Memphis MF Portfolio 0 462,082     Actual 2017 1,109,543 682,308 427,235 0 427,235     Actual 2016
34.01 Mendenhall Gardens 0 284,197     Actual 2017 650,146 361,788 288,359 0 288,359     Actual 2016
34.02 High Point Apartments 0 177,885     Actual 2017 459,397 320,520 138,877 0 138,877     Actual 2016
35 32nd Street Retail 0 361,908     Actual 2017 492,601 97,470 395,130 0 395,130     Actual 2016
36 100 Grove Road 0 526,128     Actual 2016 770,514 279,776 490,738 0 490,738     Actual 2015
37 2-4 Windsor Terrace Owners, Inc.                          
38 Harrison Gardens Owners, Inc.                          
39 Parts Authority and Laurel Self Storage 0 436,239     Actual 2017 558,020 183,856 374,164 0 374,164     Actual 2016
40 415 Gramatan Avenue Corporation                          
41 Darien Pointe Plaza 0 262,640     NAV NAV NAV NAV NAV NAV     NAV
42 Greenwich and Perry Street Housing Corporation                          
43 Camberwell Apartments 21,750 362,523     Actual 2017 653,072 273,457 379,615 21,750 357,865     Actual 2016
44 Rancho Lone Mountain Storage - NV 0 337,917     Actual 2017 641,324 264,153 377,170 0 377,170     Actual 2016
45 Maple Terrace Apartments 0 307,983     Actual 2017 600,029 294,742 305,287 0 305,287     Actual 2016
46 Southwest Villas Jacksonville 0 293,475     Actual 2017 501,080 208,569 292,511 0 292,511     Actual 2016
47 530 Riverdale Owners Corp.                          
48 140 E. 83rd Tenants Corp.                          
49 Canby Gardens Apartments 0 251,479     Actual 2017 433,621 204,447 229,174 0 229,174     Actual 2016
50 Penbrook Owners, Corp.                          
51 Chapel Owners Corp.                          
52 595 McLean Owners, Inc.                          
53 Crestwood Apartments, Inc.                          
54 Ridgecrest Owners Corp.                          
55 Palatka Oaks Apartments 0 251,256     Actual 2017 484,251 244,191 240,060 0 240,060     Actual 2016
56 Keep Self Storage 0 206,171     Actual 2017 332,474 125,243 207,231 0 207,231     Actual 2016
57 78-06 Owners Corp.                          
58 251 Seaman Owners Corp.                          
59 439 East 88 Owners Corp.                          
60 College Gardens Cooperative, Inc.                          
61 68 Laight Street Owners Corp.                          
62 236 East 28th Street Owners Corp.                          

 

A-1-7

 

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

 

Mortgage Loan Number Property Name Third Most Recent Revenues ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent Capital Expenditures Third Most Recent NCF ($) Third Most Recent Hotel ADR Third Most Recent Hotel RevPAR Master Lease (Y/N)(8) Largest Tenant Name(2)(4)(7)(9)(10) Largest Tenant Sq. Ft. Largest Tenant % of NRA Largest Tenant Exp. Date
1 1745 Broadway NAV NAV NAV NAV NAV     N Penguin Random House, LLC 603,650 88.2% 6/30/2033
2 Griffin Portfolio II NAV NAV NAV NAV NAV     N Various Various Various Various
2.01 Southern Company Services Headquarters NAV NAV NAV NAV NAV     N Southern Company Services, Inc. 669,438 100.0% 3/17/2044
2.02 Amazon.com Sortable Fulfillment Center NAV NAV NAV NAV NAV     N Amazon.com 856,254 100.0% 8/31/2031
2.03 IGT North American Gaming & Interactive Headquarters NAV NAV NAV NAV NAV     N International Game Technology 222,268 100.0% 12/31/2030
2.04 3M Distribution Facility NAV NAV NAV NAV NAV     N 3M Company 978,120 100.0% 10/31/2026
3 Pfizer Building NAV NAV NAV NAV NAV     N Pfizer Inc. 823,623 100.0% 7/9/2024
4 Showcase II NAV NAV NAV NAV NAV     N American Eagle 10,960 26.5% 1/31/2028
5 ExchangeRight Net Leased Portfolio #22 NAV NAV NAV NAV NAV     Y Various Various Various Various
5.01 Pick n Save - Sun Prairie WI NAV NAV NAV NAV NAV     Y Pick n Save 59,500 100.0% 12/31/2027
5.02 BioLife Plasma Services L.P. - Glendale AZ NAV NAV NAV NAV NAV     Y BioLife Plasma Services L.P. 15,230 100.0% 4/30/2033
5.03 Walgreens - West Lafayette IN NAV NAV NAV NAV NAV     Y Walgreens 14,175 100.0% 12/31/2031
5.04 CVS - Novi MI NAV NAV NAV NAV NAV     Y CVS Pharmacy 13,013 100.0% 1/31/2028
5.05 Tractor Supply - Egg Harbor NJ NAV NAV NAV NAV NAV     Y Tractor Supply 19,097 100.0% 10/31/2032
5.06 Walgreens - Bedford TX NAV NAV NAV NAV NAV     Y Walgreens 13,650 100.0% 12/1/2028
5.07 Tractor Supply - Oxford MI NAV NAV NAV NAV NAV     Y Tractor Supply 21,930 100.0% 2/28/2032
5.08 First Midwest Bank - Melrose Park IL NAV NAV NAV NAV NAV     Y First Midwest Bank 3,000 100.0% 10/31/2027
5.09 Walgreens - Waterford MI NAV NAV NAV NAV NAV     Y Walgreens 13,905 100.0% 2/29/2028
5.10 Dollar General - DeLand FL NAV NAV NAV NAV NAV     Y Dollar General 9,026 100.0% 8/31/2027
5.11 Dollar General - Girard OH NAV NAV NAV NAV NAV     Y Dollar General 10,566 100.0% 3/31/2033
5.12 Dollar General- Franklin OH NAV NAV NAV NAV NAV     Y Dollar General 9,100 100.0% 4/30/2032
5.13 Family Dollar - Bridge City LA NAV NAV NAV NAV NAV     Y Family Dollar 8,320 100.0% 7/31/2033
5.14 Dollar General - Baton Rouge LA NAV NAV NAV NAV NAV     Y Dollar General 7,489 100.0% 9/30/2032
5.15 Fresenius Medical Care - Vineland NJ NAV NAV NAV NAV NAV     Y Fresenius Medical Care 11,250 100.0% 5/31/2031
6 The Galleria 10,735,815 4,891,033 5,844,782 0 5,844,782     N Humana Health Benefit 47,590 10.1% 12/31/2019
7 Broadway Plaza 4,057,011 1,072,052 2,984,959 0 2,984,959     N Costco Ground Lease 154,569 43.4% 10/31/2029
8 Plaza Frontenac 13,755,300 4,259,300 9,496,000 0 9,496,000     N Saks Fifth Avenue 125,669 35.8% 11/30/2023
9 Town Center Aventura 7,141,380 1,747,316 5,394,064 0 5,394,064     N Publix Supermarket 47,813 25.7% 11/30/2023
10 Florida Hotel & Conference Center 22,392,342 16,565,225 5,827,117 895,651 4,931,466 108 78 N        
11 Ditson Building 1,148,078 835,324 312,754 0 312,754     N TTC USA Consulting 33,300 56.6% 12/1/2021
12 Fair Oaks Mall 49,139,554 14,789,192 34,350,362 0 34,350,362     N Macy’s 215,000 27.6% 2/1/2026
13 Anderson Towne Center 2,630,175 1,118,366 1,511,809 0 1,511,809     N Macy’s 114,478 32.9% 1/31/2029
14 181 Fremont Street NAV NAV NAV NAV NAV     N Facebook, Inc. 436,332 100.0% 2/28/2031
15 Shoppes at Chino Hills 11,120,004 3,663,631 7,456,373 0 7,456,373     N Jacuzzi Brands 32,458 8.6% 10/31/2019
16 Empire Towers V 3,187,809 1,074,783 2,113,026 0 2,113,026     N United Healthcare Services, Inc. 56,408 45.3% 10/31/2020
17 Regal Cinemas Lincolnshire 2,346,955 58,775 2,288,180 0 2,288,180     N Regal Cinemas 75,372 100.0% 2/28/2029
18 Hyatt Place - Downtown Boise ID NAV NAV NAV NAV NAV NAV NAV N        
19 CoolSprings Galleria 27,089,106 9,072,495 18,016,611 0 18,016,611     N Belk 132,621 20.7% 1/31/2030
20 Bryant Gardens Corp.                        
21 Staybridge Suites Orlando Airport South 4,323,242 3,046,073 1,277,169 0 1,277,169 94 84 N        
22 Courtyard - Myrtle Beach SC 3,419,815 2,197,843 1,221,972 136,793 1,085,179 118 64 N        
23 Royal View Estates 1,242,684 337,482 905,202 0 905,202     N        
24 Garage M 1,272,946 506,079 766,867 0 766,867     N SP Plus Corp     10/31/2026
25 Tacoma Mall Office Building 1,939,934 863,810 1,076,124 0 1,076,124     N Pierce County Public Works & Utilities 25,034 21.7% 9/30/2021
26 Bon Aire Residents, Inc.                        
27 Discovery Centre 1,306,657 516,942 789,714 74,168 715,546     N Czarnowski 25,134 15.2% 11/30/2019
28 Holiday Inn Express - Oregon, OH 2,542,106 1,548,981 993,125 0 993,125 110 82 N        
29 Jeffrey Gardens Apartment Corp.                        
30 Alvarado Sunset Apartments 1,013,289 448,891 564,398 0 564,398     N        
31 Academy Professional Campus 0 393,104 -393,104 0 -393,104     N USA Field Hockey 4,200 6.2% 2/28/2020
32 Hampton Inn - Brenham TX 2,004,205 1,193,444 810,761 0 810,761 106 83 N        
33 Stafford Court Apartments 897,567 399,920 497,647 0 497,647     N        
34 Memphis MF Portfolio 1,078,231 650,557 427,675 0 427,675     N        
34.01 Mendenhall Gardens 636,604 360,958 275,646 0 275,646     N        
34.02 High Point Apartments 441,628 289,599 152,029 0 152,029     N        
35 32nd Street Retail 592,186 94,654 497,532 0 497,532     N Squaw Peak Animal Hospital 4,126 29.8% 2/9/2022
36 100 Grove Road 756,648 288,393 468,255 0 468,255     N NDI Engineering Company 26,333 42.8% 8/31/2020
37 2-4 Windsor Terrace Owners, Inc.                        
38 Harrison Gardens Owners, Inc.                        
39 Parts Authority and Laurel Self Storage 355,053 121,893 233,160 0 233,160     N Parts Authority 84,000 100.0% 12/31/2025
40 415 Gramatan Avenue Corporation                        
41 Darien Pointe Plaza NAV NAV NAV NAV NAV     N Najjar Dental S.C. 3,025 20.9% 12/31/2027
42 Greenwich and Perry Street Housing Corporation                        
43 Camberwell Apartments 589,627 267,170 322,457 21,750 300,707     N        
44 Rancho Lone Mountain Storage - NV 633,126 235,486 397,640 0 397,640     N        
45 Maple Terrace Apartments 543,226 276,666 266,560 0 266,560     N        
46 Southwest Villas Jacksonville 481,165 200,777 280,388 0 280,388     N        
47 530 Riverdale Owners Corp.                        
48 140 E. 83rd Tenants Corp.                        
49 Canby Gardens Apartments 402,695 184,809 217,886 0 217,886     N        
50 Penbrook Owners, Corp.                        
51 Chapel Owners Corp.                        
52 595 McLean Owners, Inc.                        
53 Crestwood Apartments, Inc.                        
54 Ridgecrest Owners Corp.                        
55 Palatka Oaks Apartments 446,937 237,429 209,508 0 209,508     N        
56 Keep Self Storage 303,276 123,393 179,884 0 179,884     N        
57 78-06 Owners Corp.                        
58 251 Seaman Owners Corp.                        
59 439 East 88 Owners Corp.                        
60 College Gardens Cooperative, Inc.                        
61 68 Laight Street Owners Corp.                        
62 236 East 28th Street Owners Corp.                        

 

A-1-8

 

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

 

Mortgage Loan Number Property Name 2nd Largest Tenant Name(7)(9)(10) 2nd Largest Tenant Sq. Ft. 2nd Largest Tenant % of NRA 2nd Largest Tenant Exp. Date 3rd Largest Tenant Name(7)(9) 3rd Largest Tenant Sq. Ft. 3rd Largest Tenant % of NRA 3rd Largest Tenant Exp. Date 4th Largest Tenant Name(7)(9) 4th Largest Tenant Sq. Ft.
1 1745 Broadway PDT Partners, LLC 53,490 7.8% 6/30/2020 Bertelsmann, Inc. 27,375 4.0% 6/30/2033    
2 Griffin Portfolio II                    
2.01 Southern Company Services Headquarters                    
2.02 Amazon.com Sortable Fulfillment Center                    
2.03 IGT North American Gaming & Interactive Headquarters                    
2.04 3M Distribution Facility                    
3 Pfizer Building                    
4 Showcase II Adidas 10,350 25.0% 9/30/2027 T Mobile 10,249 24.8% 1/31/2028 Aerie 5,669
5 ExchangeRight Net Leased Portfolio #22                    
5.01 Pick n Save - Sun Prairie WI                    
5.02 BioLife Plasma Services L.P. - Glendale AZ                    
5.03 Walgreens - West Lafayette IN                    
5.04 CVS - Novi MI                    
5.05 Tractor Supply - Egg Harbor NJ                    
5.06 Walgreens - Bedford TX                    
5.07 Tractor Supply - Oxford MI                    
5.08 First Midwest Bank - Melrose Park IL                    
5.09 Walgreens - Waterford MI                    
5.10 Dollar General - DeLand FL                    
5.11 Dollar General - Girard OH                    
5.12 Dollar General- Franklin OH                    
5.13 Family Dollar - Bridge City LA                    
5.14 Dollar General - Baton Rouge LA                    
5.15 Fresenius Medical Care - Vineland NJ                    
6 The Galleria LAMMICO 42,176 9.0% 6/30/2029 GSA - ATFE 39,642 8.4% 12/26/2031 Tribune Television of New Orleans 30,937
7 Broadway Plaza Walmart Ground Leaes 153,578 43.1% 10/15/2025 Navcare 14,580 4.1% 1/22/2020 Petco 13,200
8 Plaza Frontenac Plaza Frontenac Cinema 14,307 4.1% 5/7/2023 Pottery Barn 12,962 3.7% 1/31/2029 Pottery Barn Kids/PB Teen 12,000
9 Town Center Aventura Saks Fifth Avenue Off 5th 34,627 18.6% 8/31/2023 Party City 10,206 5.5% 1/31/2023 Casual Male Big & Tall 6,500
10 Florida Hotel & Conference Center                    
11 Ditson Building Research Foundation of the City of New York 11,100 18.9% 9/1/2026 VR Worldwide, Inc. 8,900 15.1% 3/1/2028 Digital Enlightenment 5,550
12 Fair Oaks Mall XXI Forever 51,317 6.6% 1/31/2022 H&M 20,265 2.6% 1/31/2029 Express 12,278
13 Anderson Towne Center Carmike Cinema 48,907 14.1% 12/29/2031 Crunch Fitness 25,000 7.2% 4/30/2027 Skyzone 20,055
14 181 Fremont Street                    
15 Shoppes at Chino Hills Barnes & Noble 28,129 7.4% 6/30/2023 Forever 21 21,169 5.6% 12/31/2023 Old Navy 14,534
16 Empire Towers V Brandman University 18,403 14.8% 8/31/2019 Cemex, Inc. 15,755 12.6% 12/31/2018 Banc of California, NA 6,662
17 Regal Cinemas Lincolnshire                    
18 Hyatt Place - Downtown Boise ID                    
19 CoolSprings Galleria Belk Men’s and Kid’s 50,458 7.9% 1/31/2030 H&M 23,644 3.7% 1/31/2026 Kings Bowl 22,678
20 Bryant Gardens Corp.                    
21 Staybridge Suites Orlando Airport South                    
22 Courtyard - Myrtle Beach SC                    
23 Royal View Estates                    
24 Garage M                    
25 Tacoma Mall Office Building Kaiser Permanente 11,410 9.9% 3/31/2019 Guild Mortgage Company 10,411 9.0% 3/31/2023 Maxim Healthcare Services 7,444
26 Bon Aire Residents, Inc.                    
27 Discovery Centre Southern Wine 10,902 6.6% 7/31/2024 Omega 9,519 5.8% 10/31/2023 Eview 360 7,860
28 Holiday Inn Express - Oregon, OH                    
29 Jeffrey Gardens Apartment Corp.                    
30 Alvarado Sunset Apartments                    
31 Academy Professional Campus Carmel Special Development Group 3,809 5.6% 2/28/2023 Benefit Therapy, PC 3,800 5.6% 5/31/2019 All Inclusive Counseling 3,720
32 Hampton Inn - Brenham TX                    
33 Stafford Court Apartments                    
34 Memphis MF Portfolio                    
34.01 Mendenhall Gardens                    
34.02 High Point Apartments                    
35 32nd Street Retail Foothills Pet Resort 4,084 29.4% 3/14/2020 Starbucks 2,120 15.3% 2/28/2022 PV Nails Lounge 1,937
36 100 Grove Road Fidelity Information Services 24,541 39.9% 10/31/2021 Timeshare Legal, LLC 5,037 8.2% 4/30/2019    
37 2-4 Windsor Terrace Owners, Inc.                    
38 Harrison Gardens Owners, Inc.                    
39 Parts Authority and Laurel Self Storage                    
40 415 Gramatan Avenue Corporation                    
41 Darien Pointe Plaza Chiba Company 3,017 20.8% 6/30/2028 Starbucks 2,095 14.5% 2/28/2027 Darien Cakes, LLC 2,092
42 Greenwich and Perry Street Housing Corporation                    
43 Camberwell Apartments                    
44 Rancho Lone Mountain Storage - NV                    
45 Maple Terrace Apartments                    
46 Southwest Villas Jacksonville                    
47 530 Riverdale Owners Corp.                    
48 140 E. 83rd Tenants Corp.                    
49 Canby Gardens Apartments                    
50 Penbrook Owners, Corp.                    
51 Chapel Owners Corp.                    
52 595 McLean Owners, Inc.                    
53 Crestwood Apartments, Inc.                    
54 Ridgecrest Owners Corp.                    
55 Palatka Oaks Apartments                    
56 Keep Self Storage                    
57 78-06 Owners Corp.                    
58 251 Seaman Owners Corp.                    
59 439 East 88 Owners Corp.                    
60 College Gardens Cooperative, Inc.                    
61 68 Laight Street Owners Corp.                    
62 236 East 28th Street Owners Corp.                    

 

A-1-9

 

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

 

Mortgage Loan Number Property Name 4th Largest Tenant % of NRA 4th Largest Tenant Exp. Date 5th Largest Tenant Name(7)(9) 5th Largest Tenant Sq. Ft. 5th Largest Tenant % of NRA 5th Largest Tenant Exp. Date Engineering Report Date Environmental Report Date (Phase I) Environmental Report Date (Phase II) Seismic Report Date Seismic PML % Seismic Insurance Required  (Y/N) Terrorism Insurance (Y/N)
1 1745 Broadway             5/11/2018 4/6/2018       N Y
2 Griffin Portfolio II             4/17/2018 4/17/2018       N Y
2.01 Southern Company Services Headquarters             4/17/2018 4/17/2018       N Y
2.02 Amazon.com Sortable Fulfillment Center             4/17/2018 4/17/2018       N Y
2.03 IGT North American Gaming & Interactive Headquarters             4/17/2018 4/17/2018       N Y
2.04 3M Distribution Facility             4/17/2018 4/17/2018       N Y
3 Pfizer Building             3/30/2018 3/30/2018       N Y
4 Showcase II 13.7% 5/31/2028 US Polo 3,923 9.5% 5/31/2028 2/28/2018 2/28/2018       N Y
5 ExchangeRight Net Leased Portfolio #22             Various Various Various     N Y
5.01 Pick n Save - Sun Prairie WI             5/23/2018 5/22/2018       N Y
5.02 BioLife Plasma Services L.P. - Glendale AZ             5/10/2018 4/17/2018       N Y
5.03 Walgreens - West Lafayette IN             1/26/2018 1/31/2018 5/14/2018     N Y
5.04 CVS - Novi MI             5/9/2018 5/8/2018       N Y
5.05 Tractor Supply - Egg Harbor NJ             4/30/2018 4/30/2018       N Y
5.06 Walgreens - Bedford TX             5/16/2018 5/16/2018       N Y
5.07 Tractor Supply - Oxford MI             5/15/2018 5/15/2018       N Y
5.08 First Midwest Bank - Melrose Park IL             5/14/2018 5/15/2018       N Y
5.09 Walgreens - Waterford MI             5/11/2018 5/17/2018       N Y
5.10 Dollar General - DeLand FL             5/16/2018 5/18/2018       N Y
5.11 Dollar General - Girard OH             4/5/2018 4/5/2018       N Y
5.12 Dollar General- Franklin OH             3/27/2018 3/27/2018       N Y
5.13 Family Dollar - Bridge City LA             5/10/2018 5/10/2018       N Y
5.14 Dollar General - Baton Rouge LA             2/20/2018 2/26/2018       N Y
5.15 Fresenius Medical Care - Vineland NJ             5/14/2018 5/15/2018       N Y
6 The Galleria 6.6% 7/31/2027 Postlethwaite & Netterville 23,085 4.9% 7/31/2028 4/26/2018 4/25/2018       N Y
7 Broadway Plaza 3.7% 4/30/2020 JP Morgan Chase Bank 4,584 1.3% 8/31/2023 5/22/2018 5/22/2018   5/22/2018 7.0% N Y
8 Plaza Frontenac 3.4% 11/30/2021 Mitchell Gold+Bob William 10,055 2.9% 11/30/2024 5/29/2018 5/30/2018       N Y
9 Town Center Aventura 3.5% 2/28/2019 Bonefish Grill 6,454 3.5% 1/31/2025 10/6/2017 10/6/2017       N Y
10 Florida Hotel & Conference Center             4/19/2018 4/19/2018       N Y
11 Ditson Building 9.4% 6/1/2019         4/30/2018 4/30/2018       N Y
12 Fair Oaks Mall 1.6% 1/31/2024 Victoria’s Secret 12,170 1.6% 1/31/2026 2/9/2018 2/8/2018       N Y
13 Anderson Towne Center 5.8% 7/31/2027 CVS 10,858 3.1% 1/31/2026 3/21/2018 3/21/2018       N Y
14 181 Fremont Street             3/6/2018 3/7/2018   3/7/2018 12.0% N Y
15 Shoppes at Chino Hills 3.8% 9/25/2021 Trader Joe’s 12,538 3.3% 7/31/2022 4/19/2018 4/19/2018   4/19/2018 12.0% N Y
16 Empire Towers V 5.3% 3/31/2020 Huitt-Zollar, Inc. 6,150 4.9% 6/30/2021 5/23/2018 5/23/2018   5/23/2018 10.0% N Y
17 Regal Cinemas Lincolnshire             4/25/2018 4/26/2018       N Y
18 Hyatt Place - Downtown Boise ID             4/18/2018 5/7/2018   4/17/2018 3.0% N Y
19 CoolSprings Galleria 3.5% 1/31/2026 Forever 21 18,015 2.8% 11/30/2020 3/23/2018 3/21/2018       N Y
20 Bryant Gardens Corp.             4/25/2018 4/24/2018       N Y
21 Staybridge Suites Orlando Airport South             4/20/2018 4/20/2018       N Y
22 Courtyard - Myrtle Beach SC             3/15/2018 3/12/2018       N Y
23 Royal View Estates             4/12/2018 4/23/2018   4/11/2018 7.0% N Y
24 Garage M             6/11/2018 6/11/2018       N Y
25 Tacoma Mall Office Building 6.4% 7/31/2018 South Puget Intertribal Plan 6,808 5.9% 9/30/2022 3/8/2018 1/19/2018   3/8/2018 13.0% N Y
26 Bon Aire Residents, Inc.             5/24/2018 5/24/2018       N Y
27 Discovery Centre 4.8% 1/31/2019 Health Dimensions 7,726 4.7% 9/30/2023 6/19/2018 6/19/2018       N Y
28 Holiday Inn Express - Oregon, OH             6/7/2018 6/7/2018       N Y
29 Jeffrey Gardens Apartment Corp.             4/24/2018 4/24/2018       N Y
30 Alvarado Sunset Apartments             3/2/2018 3/2/2018   3/2/2018 8.0% N Y
31 Academy Professional Campus 5.5% 5/31/2022 Optimal Therapy Pediatric Home 3,612 5.3% 4/30/2023 5/17/2018 5/17/2018       N Y
32 Hampton Inn - Brenham TX             3/13/2018 3/13/2018       N Y
33 Stafford Court Apartments             4/3/2018 4/3/2018   4/3/2018 8.0% N Y
34 Memphis MF Portfolio             Various Various   4/24/2018 19.0% N Y
34.01 Mendenhall Gardens             4/19/2018 4/23/2018   4/24/2018 19.0% N Y
34.02 High Point Apartments             4/23/2018 4/24/2018   4/24/2018 19.0% N Y
35 32nd Street Retail 14.0% 10/31/2023 Verizon Wireless 1,601 11.5% 1/31/2024 5/17/2018         N Y
36 100 Grove Road             4/11/2018 3/26/2018       N Y
37 2-4 Windsor Terrace Owners, Inc.             4/25/2018 4/25/2018       N Y
38 Harrison Gardens Owners, Inc.             3/20/2018 3/22/2018       N Y
39 Parts Authority and Laurel Self Storage             5/23/2018 5/30/2018       N Y
40 415 Gramatan Avenue Corporation             5/2/2018 4/4/2018       N Y
41 Darien Pointe Plaza 14.4% 4/30/2027 Air 1 Wireless 1,455 10.0% 2/28/2027 3/28/2018 3/29/2018       N Y
42 Greenwich and Perry Street Housing Corporation             3/2/2018 3/2/2018       N Y
43 Camberwell Apartments             3/23/2018 3/22/2018       N Y
44 Rancho Lone Mountain Storage - NV             5/16/2018         N Y
45 Maple Terrace Apartments             4/3/2018 4/3/2018   4/3/2018 8.0% N Y
46 Southwest Villas Jacksonville             3/23/2018 3/21/2018       N Y
47 530 Riverdale Owners Corp.             5/7/2018 5/4/2018       N Y
48 140 E. 83rd Tenants Corp.             4/23/2018 4/23/2018       N Y
49 Canby Gardens Apartments             4/3/2018 4/3/2018   4/3/2018 7.0% N Y
50 Penbrook Owners, Corp.             3/22/2018 3/21/2018       N Y
51 Chapel Owners Corp.             3/26/2018 3/26/2018       N Y
52 595 McLean Owners, Inc.             6/5/2018 6/5/2018       N Y
53 Crestwood Apartments, Inc.             6/6/2018 6/7/2018       N Y
54 Ridgecrest Owners Corp.             4/18/2018 4/18/2018       N Y
55 Palatka Oaks Apartments             3/23/2018 3/21/2018       N Y
56 Keep Self Storage             5/7/2018 5/7/2018       N Y
57 78-06 Owners Corp.             4/4/2018 4/4/2018       N Y
58 251 Seaman Owners Corp.             5/8/2018 5/8/2018       N Y
59 439 East 88 Owners Corp.             5/8/2018 5/8/2018       N Y
60 College Gardens Cooperative, Inc.             5/17/2018 5/15/2018       N Y
61 68 Laight Street Owners Corp.             6/1/2018 5/31/2018       N Y
62 236 East 28th Street Owners Corp.             5/29/2018 5/25/2018       N Y

 

A-1-10

 

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

 

Mortgage Loan Number Property Name Loan Purpose Engineering Escrow / Deferred Maintenance ($) Tax Escrow (Initial) Monthly Tax Escrow ($) Tax Escrow - Cash or LoC Tax Escrow - LoC Counterparty Insurance Escrow (Initial) Monthly Insurance Escrow ($) Insurance Escrow - Cash or LoC Insurance Escrow - LoC Counterparty Upfront Replacement Reserve ($)(4) Monthly Replacement Reserve ($)(11) Replacement Reserve Cap ($)
1 1745 Broadway Acquisition 0 0 Springing     0 Springing     0 Springing 0
2 Griffin Portfolio II Refinance 0 90,000 45,000 Cash   0 Springing     0 Springing Various
2.01 Southern Company Services Headquarters                          
2.02 Amazon.com Sortable Fulfillment Center                          
2.03 IGT North American Gaming & Interactive Headquarters                          
2.04 3M Distribution Facility                          
3 Pfizer Building Acquisition 0 0 Springing     4,700 Springing     0 0 0
4 Showcase II Refinance 0 26,118 8,706 Cash   41,517 6,920 Cash   0 6,909 0
5 ExchangeRight Net Leased Portfolio #22 Acquisition 45,521 111,991 16,668 Cash   607 202 Cash   96,665 0 0
5.01 Pick n Save - Sun Prairie WI                          
5.02 BioLife Plasma Services L.P. - Glendale AZ                          
5.03 Walgreens - West Lafayette IN                          
5.04 CVS - Novi MI                          
5.05 Tractor Supply - Egg Harbor NJ                          
5.06 Walgreens - Bedford TX                          
5.07 Tractor Supply - Oxford MI                          
5.08 First Midwest Bank - Melrose Park IL                          
5.09 Walgreens - Waterford MI                          
5.10 Dollar General - DeLand FL                          
5.11 Dollar General - Girard OH                          
5.12 Dollar General- Franklin OH                          
5.13 Family Dollar - Bridge City LA                          
5.14 Dollar General - Baton Rouge LA                          
5.15 Fresenius Medical Care - Vineland NJ                          
6 The Galleria Refinance 0 494,746 70,678 Cash   1,013 84 Cash   0 12,548 0
7 Broadway Plaza Acquisition 0 74,639 12,440 Cash   0 Springing     0 402; Springing 4,819
8 Plaza Frontenac Refinance 0 0 Springing     0 Springing     0 Springing 0
9 Town Center Aventura Refinance 0 451,415 56,427 Cash   0 Springing     0 3,102 74,456
10 Florida Hotel & Conference Center Refinance 0 402,000 50,250 Cash   0 Springing     5,500,000 4% of Operating Income 0
11 Ditson Building Refinance 75,000 85,160 42,580 Cash   26,250 3,750 Cash   0 980 0
12 Fair Oaks Mall Refinance 0 0 Springing     0 Springing     0 Springing 0
13 Anderson Towne Center Refinance 49,882 0 94,956 Cash   0 Springing     0 4,345 0
14 181 Fremont Street Refinance 0 0 509,418 Cash   0 Springing     0 Springing 0
15 Shoppes at Chino Hills Refinance 11,250 458,924 152,975 Cash   0 Springing     0 5,840 0
16 Empire Towers V Acquisition 0 111,412 27,853 Cash   3,708 3,708 Cash   300,000 0 0
17 Regal Cinemas Lincolnshire Refinance 0 0 Springing     0 Springing     0 942 22,611
18 Hyatt Place - Downtown Boise ID Refinance 0 36,049 18,025 Cash   0 Springing     0 13,572 0
19 CoolSprings Galleria Refinance 0 702,515 234,171 Cash   0 Springing     0 10,907 392,643
20 Bryant Gardens Corp. Refinance 0 131,417 42,333 Cash   0 Springing     0 0 0
21 Staybridge Suites Orlando Airport South Acquisition 0 103,989 12,998 Cash   0 Springing     0 Springing 600,000
22 Courtyard - Myrtle Beach SC Acquisition 0 46,667 6,667 Cash   0 Springing     0 170,585 0
23 Royal View Estates Refinance 0 52,732 17,577 Cash   20,083 1,826 Cash   0 1,625 0
24 Garage M Refinance 0 60,245 30,123 Cash   0 Springing     0 1,250 0
25 Tacoma Mall Office Building Acquisition 0 66,333 16,583 Cash   3,500 1,750 Cash   60,000 1,925 0
26 Bon Aire Residents, Inc. Refinance 0 0 Springing     0 Springing     0 0 0
27 Discovery Centre Refinance 0 34,448 15,500 Cash   13,672 1,139 Cash   0 Springing 0
28 Holiday Inn Express - Oregon, OH Refinance 0 28,100 6,777 Cash   6,768 1,353 Cash   0 8,442 0
29 Jeffrey Gardens Apartment Corp. Refinance 0 0 Springing     0 Springing     0 0 0
30 Alvarado Sunset Apartments Refinance 25,625 13,720 6,860 Cash   10,427 1,303 Cash   40,000 1,977 0
31 Academy Professional Campus Acquisition 0 11,782 5,891 Cash   3,051 3,051 Cash   97,000 1,639 0
32 Hampton Inn - Brenham TX Refinance 0 46,943 6,706 Cash   27,242 2,477 Cash   0 6,678 0
33 Stafford Court Apartments Refinance 14,875 59,888 5,989 Cash   8,744 1,093 Cash   54,000 1,500 0
34 Memphis MF Portfolio Refinance 89,688 57,561 6,170 Cash   0 Springing     0 3,381 0
34.01 Mendenhall Gardens                          
34.02 High Point Apartments                          
35 32nd Street Retail Refinance 0 9,578 4,789 Cash   0 Springing     0 231 10,000
36 100 Grove Road Acquisition 195,000 14,434 14,434 Cash   1,529 1,529 Cash   0 2,050 0
37 2-4 Windsor Terrace Owners, Inc. Refinance 0 0 Springing     0 Springing     0 0 0
38 Harrison Gardens Owners, Inc. Refinance 0 0 Springing     0 Springing     0 0 0
39 Parts Authority and Laurel Self Storage Refinance 0 18,341 4,585 Cash   2,872 718 Cash   0 1,017 0
40 415 Gramatan Avenue Corporation Refinance 0 17,670 13,576 Cash   0 Springing     0 0 0
41 Darien Pointe Plaza Refinance 0 24,000 4,000 Cash   4,306 431 Cash   0 181 0
42 Greenwich and Perry Street Housing Corporation Refinance 0 0 Springing     0 Springing     0 0 0
43 Camberwell Apartments Refinance 0 49,167 4,917 Cash   0 Springing     0 1,813 0
44 Rancho Lone Mountain Storage - NV Refinance 0 0 Springing     0 Springing     0 Springing 0
45 Maple Terrace Apartments Refinance 7,250 27,875 2,787 Cash   5,980 748 Cash   79,000 1,042 0
46 Southwest Villas Jacksonville Refinance 0 16,333 2,333 Cash   0 Springing     0 1,501 0
47 530 Riverdale Owners Corp. Refinance 0 25,500 6,375 Cash   0 Springing     0 0 0
48 140 E. 83rd Tenants Corp. Refinance 0 0 Springing     0 Springing     0 0 0
49 Canby Gardens Apartments Refinance 16,075 26,516 2,652 Cash   5,484 686 Cash   29,500 708 0
50 Penbrook Owners, Corp. Refinance 0 23,350 18,100 Cash   0 Springing     0 0 0
51 Chapel Owners Corp. Refinance 0 0 Springing     0 Springing     0 0 0
52 595 McLean Owners, Inc. Refinance 0 18,585 5,782 Cash   0 Springing     0 0 0
53 Crestwood Apartments, Inc. Refinance 0 28,517 10,839 Cash   0 Springing     0 0 0
54 Ridgecrest Owners Corp. Refinance 0 30,742 7,401 Cash   0 Springing     0 0 0
55 Palatka Oaks Apartments Refinance 9,169 17,500 2,500 Cash   0 Springing     0 1,678 0
56 Keep Self Storage Acquisition 0 28,371 4,053 Cash   0 Springing     0 425 0
57 78-06 Owners Corp. Refinance 0 0 Springing     0 Springing     0 0 0
58 251 Seaman Owners Corp. Refinance 0 0 Springing     0 Springing     0 0 0
59 439 East 88 Owners Corp. Refinance 0 34,000 17,000 Cash   0 Springing     0 0 0
60 College Gardens Cooperative, Inc. Refinance 0 0 Springing     0 Springing     0 0 0
61 68 Laight Street Owners Corp. Refinance 0 0 Springing     0 Springing     0 0 0
62 236 East 28th Street Owners Corp. Refinance 0 26,000 13,000 Cash   0 Springing     0 0 0

 

A-1-11

 

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

 

Mortgage Loan Number Property Name Replacement Reserve Escrow - Cash or LoC Replacement Reserve Escrow - LoC Counterparty Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($) TI/LC Reserve Cap ($) TI/LC Escrow - Cash or LoC
1 1745 Broadway     0 Springing 0  
2 Griffin Portfolio II     0 Springing Various  
2.01 Southern Company Services Headquarters            
2.02 Amazon.com Sortable Fulfillment Center            
2.03 IGT North American Gaming & Interactive Headquarters            
2.04 3M Distribution Facility            
3 Pfizer Building     0 0 0  
4 Showcase II Cash   8,563,335 0 0 Cash
5 ExchangeRight Net Leased Portfolio #22 Cash   500,000 Springing 0 Cash
5.01 Pick n Save - Sun Prairie WI            
5.02 BioLife Plasma Services L.P. - Glendale AZ            
5.03 Walgreens - West Lafayette IN            
5.04 CVS - Novi MI            
5.05 Tractor Supply - Egg Harbor NJ            
5.06 Walgreens - Bedford TX            
5.07 Tractor Supply - Oxford MI            
5.08 First Midwest Bank - Melrose Park IL            
5.09 Walgreens - Waterford MI            
5.10 Dollar General - DeLand FL            
5.11 Dollar General - Girard OH            
5.12 Dollar General- Franklin OH            
5.13 Family Dollar - Bridge City LA            
5.14 Dollar General - Baton Rouge LA            
5.15 Fresenius Medical Care - Vineland NJ            
6 The Galleria Cash   1,000,000 39,212 2,000,000 Cash
7 Broadway Plaza Cash   0 Springing 0  
8 Plaza Frontenac     0 Springing 0  
9 Town Center Aventura Cash   600,000 15,512 372,000 Cash
10 Florida Hotel & Conference Center Cash   0 0 0  
11 Ditson Building Cash   0 9,800 235,200 Cash
12 Fair Oaks Mall     3,954,170 Springing 0 Cash
13 Anderson Towne Center Cash   0 17,959 1,000,000 Cash
14 181 Fremont Street     42,717,266 Springing 15,271,620 Cash
15 Shoppes at Chino Hills Cash   2,000,000 31,557; Springing 2,000,000 Cash
16 Empire Towers V Cash   1,800,000 10,385 500,000 Cash
17 Regal Cinemas Lincolnshire Cash   0 0 0  
18 Hyatt Place - Downtown Boise ID Cash   0 0 0  
19 CoolSprings Galleria Cash   3,000,000 54,534 The greater of (i) $2,500,000; and (ii) the positive difference equal to $5,500,000 less the sum of all disbursments from the TILC reserve Cash
20 Bryant Gardens Corp.     0 0 0  
21 Staybridge Suites Orlando Airport South     0 0 0  
22 Courtyard - Myrtle Beach SC Cash   0 0 0  
23 Royal View Estates Cash   0 0 0  
24 Garage M Cash   0 0 0  
25 Tacoma Mall Office Building Cash   400,000 Springing 0 LoC
26 Bon Aire Residents, Inc.     0 0 0  
27 Discovery Centre     145,000 Springing 0 Cash
28 Holiday Inn Express - Oregon, OH Cash   0 0 0  
29 Jeffrey Gardens Apartment Corp.     0 0 0  
30 Alvarado Sunset Apartments Cash   0 0 0  
31 Academy Professional Campus Cash   75,000 7,064 223,776 Cash
32 Hampton Inn - Brenham TX Cash   0 0 0  
33 Stafford Court Apartments Cash   0 0 0  
34 Memphis MF Portfolio Cash   0 0 0  
34.01 Mendenhall Gardens            
34.02 High Point Apartments            
35 32nd Street Retail Cash   100,000 1,411 100,000 Cash
36 100 Grove Road Cash   0 5,000; Springing 250,000 Cash
37 2-4 Windsor Terrace Owners, Inc.     0 0 0  
38 Harrison Gardens Owners, Inc.     0 0 0  
39 Parts Authority and Laurel Self Storage Cash   0 Springing 0  
40 415 Gramatan Avenue Corporation     0 0 0  
41 Darien Pointe Plaza Cash   0 604 0 Cash
42 Greenwich and Perry Street Housing Corporation     0 0 0  
43 Camberwell Apartments Cash   0 0 0  
44 Rancho Lone Mountain Storage - NV     0 0 0  
45 Maple Terrace Apartments Cash   0 0 0  
46 Southwest Villas Jacksonville Cash   0 0 0  
47 530 Riverdale Owners Corp.     0 0 0  
48 140 E. 83rd Tenants Corp.     0 0 0  
49 Canby Gardens Apartments Cash   0 0 0  
50 Penbrook Owners, Corp.     0 0 0  
51 Chapel Owners Corp.     0 0 0  
52 595 McLean Owners, Inc.     0 0 0  
53 Crestwood Apartments, Inc.     0 0 0  
54 Ridgecrest Owners Corp.     0 0 0  
55 Palatka Oaks Apartments Cash   0 0 0  
56 Keep Self Storage Cash   0 0 0  
57 78-06 Owners Corp.     0 0 0  
58 251 Seaman Owners Corp.     0 0 0  
59 439 East 88 Owners Corp.     0 0 0  
60 College Gardens Cooperative, Inc.     0 0 0  
61 68 Laight Street Owners Corp.     0 0 0  
62 236 East 28th Street Owners Corp.     0 0 0  

 

A-1-12

 

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

 

Mortgage Loan Number Property Name TI/LC Escrow - LoC Counterparty Debt Service Escrow (Initial) ($) Debt Service Escrow (Monthly) ($) Debt Service Escrow - Cash or LoC Debt Service Escrow - LoC Counterparty Other Escrow I Reserve Description Other Escrow I (Initial) ($)(4)(7) Other Escrow I (Monthly) ($)(11) Other Escrow I Cap ($)
1 1745 Broadway   0 0     Tenant Specific TI/LC ($21,981,606); Rent Concession Reserve ($16,184,976) 38,166,582 0 0
2 Griffin Portfolio II   0 0     Landlord Obligations Reserve 1,900,229 0 0
2.01 Southern Company Services Headquarters                  
2.02 Amazon.com Sortable Fulfillment Center                  
2.03 IGT North American Gaming & Interactive Headquarters                  
2.04 3M Distribution Facility                  
3 Pfizer Building   0 0     Ground Rent Reserve 0 816,667 0
4 Showcase II   0 0     Rent Concession Reserve 1,116,622 0 0
5 ExchangeRight Net Leased Portfolio #22   0 0     Condominium Assessments Reserve Fund 0 Springing 0
5.01 Pick n Save - Sun Prairie WI                  
5.02 BioLife Plasma Services L.P. - Glendale AZ                  
5.03 Walgreens - West Lafayette IN                  
5.04 CVS - Novi MI                  
5.05 Tractor Supply - Egg Harbor NJ                  
5.06 Walgreens - Bedford TX                  
5.07 Tractor Supply - Oxford MI                  
5.08 First Midwest Bank - Melrose Park IL                  
5.09 Walgreens - Waterford MI                  
5.10 Dollar General - DeLand FL                  
5.11 Dollar General - Girard OH                  
5.12 Dollar General- Franklin OH                  
5.13 Family Dollar - Bridge City LA                  
5.14 Dollar General - Baton Rouge LA                  
5.15 Fresenius Medical Care - Vineland NJ                  
6 The Galleria   0 0     Upfront Landlord Obligations Reserve 941,054 0 0
7 Broadway Plaza   0 0       0 0 0
8 Plaza Frontenac   0 0       0 0 0
9 Town Center Aventura   0 0     Rent Concession Reserve 129,259 0 0
10 Florida Hotel & Conference Center   0 0       0 0 0
11 Ditson Building   0 0     Outstanding TI/LC Obligations 1,576,871 0 0
12 Fair Oaks Mall   0 0     Gap Rent Reserve 1,183,388 0 0
13 Anderson Towne Center   0 0     Existing TI/LC Reserve Funds 980,000 0 0
14 181 Fremont Street   0 0     Rent Concession Reserve 68,379,092 0 0
15 Shoppes at Chino Hills   0 0     Outstanding TI/LC Reserve Funds 1,139,828 0 0
16 Empire Towers V   0 0       0 0 0
17 Regal Cinemas Lincolnshire   0 0       0 0 0
18 Hyatt Place - Downtown Boise ID   0 0       0 0 0
19 CoolSprings Galleria   0 0     Tenant Specific TILC Reserve 2,107,816 0 0
20 Bryant Gardens Corp.   0 0       0 0 0
21 Staybridge Suites Orlando Airport South   0 0     PIP Reserve 2,058,995 0 0
22 Courtyard - Myrtle Beach SC   0 0     PIP 600,000 0 0
23 Royal View Estates   0 0       0 0 0
24 Garage M   0 0       0 0 0
25 Tacoma Mall Office Building Bank of America, N.A. 0 0     Occupancy Reserve 400,000 0 0
26 Bon Aire Residents, Inc.   0 0       0 0 0
27 Discovery Centre   0 0       0 0 0
28 Holiday Inn Express - Oregon, OH   0 0       0 0 0
29 Jeffrey Gardens Apartment Corp.   0 0       0 0 0
30 Alvarado Sunset Apartments   0 0       0 0 0
31 Academy Professional Campus   0 0     Rent Concession Reserve 13,707 0 0
32 Hampton Inn - Brenham TX   0 0     PIP Reserve 0 835 0
33 Stafford Court Apartments   0 0       0 0 0
34 Memphis MF Portfolio   0 0       0 0 0
34.01 Mendenhall Gardens                  
34.02 High Point Apartments                  
35 32nd Street Retail   0 0     Supplemental Leasing Reserve 250,000 Springing 0
36 100 Grove Road   0 0     Tenant Specific TILC/Rent Concession Reserve 0 4,167 0
37 2-4 Windsor Terrace Owners, Inc.   0 0     Collateral Security Agreement for Arrears 75,000 0 0
38 Harrison Gardens Owners, Inc.   0 0       0 0 0
39 Parts Authority and Laurel Self Storage   0 0       0 0 0
40 415 Gramatan Avenue Corporation   0 0       0 0 0
41 Darien Pointe Plaza   0 0     Najjar Tenant Improvements Reserve 121,000 0 0
42 Greenwich and Perry Street Housing Corporation   0 0     Collateral Security Agreement for Arrears 60,000 0 0
43 Camberwell Apartments   0 0       0 0 0
44 Rancho Lone Mountain Storage - NV   0 0       0 0 0
45 Maple Terrace Apartments   0 0       0 0 0
46 Southwest Villas Jacksonville   0 0       0 0 0
47 530 Riverdale Owners Corp.   0 0       0 0 0
48 140 E. 83rd Tenants Corp.   0 0       0 0 0
49 Canby Gardens Apartments   0 0       0 0 0
50 Penbrook Owners, Corp.   0 0       0 0 0
51 Chapel Owners Corp.   0 0       0 0 0
52 595 McLean Owners, Inc.   0 0       0 0 0
53 Crestwood Apartments, Inc.   0 0       0 0 0
54 Ridgecrest Owners Corp.   0 0       0 0 0
55 Palatka Oaks Apartments   0 0       0 0 0
56 Keep Self Storage   0 0       0 0 0
57 78-06 Owners Corp.   0 0       0 0 0
58 251 Seaman Owners Corp.   0 0       0 0 0
59 439 East 88 Owners Corp.   0 0       0 0 0
60 College Gardens Cooperative, Inc.   0 0       0 0 0
61 68 Laight Street Owners Corp.   0 0       0 0 0
62 236 East 28th Street Owners Corp.   0 0       0 0 0

 

A-1-13

 

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

 

Mortgage Loan Number Property Name Other Escrow I Escrow - Cash or LoC Other  Escrow I - LoC Counterparty Other Escrow II Reserve Description Other Escrow II (Initial) ($)(4)(7) Other Escrow II (Monthly) ($) Other Escrow II Cap ($) Other Escrow II Escrow - Cash or LoC
1 1745 Broadway Cash   Ground Rent Reserve 0 Springing 0  
2 Griffin Portfolio II Cash     0 0 0  
2.01 Southern Company Services Headquarters              
2.02 Amazon.com Sortable Fulfillment Center              
2.03 IGT North American Gaming & Interactive Headquarters              
2.04 3M Distribution Facility              
3 Pfizer Building       0 0 0  
4 Showcase II Cash     0 0 0  
5 ExchangeRight Net Leased Portfolio #22     BioLife Rollover Reserve 0 Springing 0  
5.01 Pick n Save - Sun Prairie WI              
5.02 BioLife Plasma Services L.P. - Glendale AZ              
5.03 Walgreens - West Lafayette IN              
5.04 CVS - Novi MI              
5.05 Tractor Supply - Egg Harbor NJ              
5.06 Walgreens - Bedford TX              
5.07 Tractor Supply - Oxford MI              
5.08 First Midwest Bank - Melrose Park IL              
5.09 Walgreens - Waterford MI              
5.10 Dollar General - DeLand FL              
5.11 Dollar General - Girard OH              
5.12 Dollar General- Franklin OH              
5.13 Family Dollar - Bridge City LA              
5.14 Dollar General - Baton Rouge LA              
5.15 Fresenius Medical Care - Vineland NJ              
6 The Galleria Cash     0 0 0  
7 Broadway Plaza       0 0 0  
8 Plaza Frontenac       0 0 0  
9 Town Center Aventura Cash   Tenant Specific TI/LC Reserve 309,507 0 0 Cash
10 Florida Hotel & Conference Center       0 0 0  
11 Ditson Building Cash   Rent Concession;TTC Pre-Paid Rent Rent Concession ($241,368.75);TTC Pre-Paid Rent ($794,153) 0 0 Cash
12 Fair Oaks Mall Cash   Owned Anchor Reserve (Springing); Owned Anchor Termination Reserve (Springing) 0 Springing 0  
13 Anderson Towne Center Cash   Outstanding Free Rent 73,649 0 0 Cash
14 181 Fremont Street Cash   Project Charges Reserve 0 Springing 0  
15 Shoppes at Chino Hills Cash   Rent Concession Reserve Funds 234,643 0 0 Cash
16 Empire Towers V       0 0 0  
17 Regal Cinemas Lincolnshire       0 0 0  
18 Hyatt Place - Downtown Boise ID       0 0 0  
19 CoolSprings Galleria Cash     0 0 0  
20 Bryant Gardens Corp.       0 0 0  
21 Staybridge Suites Orlando Airport South Cash     0 0 0  
22 Courtyard - Myrtle Beach SC Cash   Seasonality Reserve 133,333 133,333 0 Cash
23 Royal View Estates       0 0 0  
24 Garage M       0 0 0  
25 Tacoma Mall Office Building Cash     0 0 0  
26 Bon Aire Residents, Inc.       0 0 0  
27 Discovery Centre       0 0 0  
28 Holiday Inn Express - Oregon, OH       0 0 0  
29 Jeffrey Gardens Apartment Corp.       0 0 0  
30 Alvarado Sunset Apartments       0 0 0  
31 Academy Professional Campus Cash     0 0 0  
32 Hampton Inn - Brenham TX Cash     0 0 0  
33 Stafford Court Apartments       0 0 0  
34 Memphis MF Portfolio       0 0 0  
34.01 Mendenhall Gardens              
34.02 High Point Apartments              
35 32nd Street Retail Cash     0 0 0  
36 100 Grove Road Cash     0 0 0  
37 2-4 Windsor Terrace Owners, Inc. Cash     0 0 0  
38 Harrison Gardens Owners, Inc.       0 0 0  
39 Parts Authority and Laurel Self Storage       0 0 0  
40 415 Gramatan Avenue Corporation       0 0 0  
41 Darien Pointe Plaza Cash   Chiba Tenant Improvements Reserve 15,000 0 0 Cash
42 Greenwich and Perry Street Housing Corporation Cash     0 0 0  
43 Camberwell Apartments       0 0 0  
44 Rancho Lone Mountain Storage - NV       0 0 0  
45 Maple Terrace Apartments       0 0 0  
46 Southwest Villas Jacksonville       0 0 0  
47 530 Riverdale Owners Corp.       0 0 0  
48 140 E. 83rd Tenants Corp.       0 0 0  
49 Canby Gardens Apartments       0 0 0  
50 Penbrook Owners, Corp.       0 0 0  
51 Chapel Owners Corp.       0 0 0  
52 595 McLean Owners, Inc.       0 0 0  
53 Crestwood Apartments, Inc.       0 0 0  
54 Ridgecrest Owners Corp.       0 0 0  
55 Palatka Oaks Apartments       0 0 0  
56 Keep Self Storage       0 0 0  
57 78-06 Owners Corp.       0 0 0  
58 251 Seaman Owners Corp.       0 0 0  
59 439 East 88 Owners Corp.       0 0 0  
60 College Gardens Cooperative, Inc.       0 0 0  
61 68 Laight Street Owners Corp.       0 0 0  
62 236 East 28th Street Owners Corp.       0 0 0  

 

A-1-14

 

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

 

Mortgage Loan Number Property Name Other  Escrow II - LoC Counterparty Holdback Ownership Interest Ground Lease Initial Expiration Date Annual Ground Rent Payment(12) Annual Ground Rent Increases(12) Lockbox Whole Loan Cut-off Date Balance ($)(13) Whole Loan Debt Service ($)(13) Subordinate Secured Debt Original Balance ($) Subordinate Secured Debt Cut-off Date Balance ($)
1 1745 Broadway     Leasehold 3/31/2098 $2,566,449 Scheduled increases per the ground lease Hard/Springing Cash Management        
2 Griffin Portfolio II     Fee       Hard/Springing Cash Management        
2.01 Southern Company Services Headquarters     Fee                
2.02 Amazon.com Sortable Fulfillment Center     Fee                
2.03 IGT North American Gaming & Interactive Headquarters     Fee                
2.04 3M Distribution Facility     Fee                
3 Pfizer Building     Leasehold 12/31/2057 $9,800,000 5/1/2022-4/30/2027: $11,050,000; 5/1/2027-4/30/2032: $12,300,000; 5/1/2032-4/30/2037: $13,550,000 Hard/Upfront Cash Management        
4 Showcase II     Fee       Hard/Upfront Cash Management        
5 ExchangeRight Net Leased Portfolio #22     Fee       Hard/Springing Cash Management        
5.01 Pick n Save - Sun Prairie WI     Fee                
5.02 BioLife Plasma Services L.P. - Glendale AZ     Fee                
5.03 Walgreens - West Lafayette IN     Fee                
5.04 CVS - Novi MI     Fee                
5.05 Tractor Supply - Egg Harbor NJ     Fee                
5.06 Walgreens - Bedford TX     Fee                
5.07 Tractor Supply - Oxford MI     Fee                
5.08 First Midwest Bank - Melrose Park IL     Fee                
5.09 Walgreens - Waterford MI     Fee                
5.10 Dollar General - DeLand FL     Fee                
5.11 Dollar General - Girard OH     Fee                
5.12 Dollar General- Franklin OH     Fee                
5.13 Family Dollar - Bridge City LA     Fee                
5.14 Dollar General - Baton Rouge LA     Fee                
5.15 Fresenius Medical Care - Vineland NJ     Fee                
6 The Galleria     Fee       Hard/Springing Cash Management        
7 Broadway Plaza     Fee       Hard/Springing Cash Management        
8 Plaza Frontenac     Fee       Hard/Springing Cash Management        
9 Town Center Aventura     Fee       Hard/Upfront Cash Management        
10 Florida Hotel & Conference Center     Fee       Soft/Upfront Cash Management        
11 Ditson Building     Fee       Hard/Springing Cash Management        
12 Fair Oaks Mall     Fee       Hard/Springing Cash Management 259,189,735 1,446,681 85,000,000 84,735,106
13 Anderson Towne Center     Fee       Springing        
14 181 Fremont Street     Fee       Hard/Upfront Cash Management        
15 Shoppes at Chino Hills     Fee       Springing        
16 Empire Towers V     Fee       Springing        
17 Regal Cinemas Lincolnshire     Fee       Springing        
18 Hyatt Place - Downtown Boise ID     Fee       Springing        
19 CoolSprings Galleria     Fee       Hard/Springing Cash Management        
20 Bryant Gardens Corp.     Fee       None        
21 Staybridge Suites Orlando Airport South     Fee       Springing        
22 Courtyard - Myrtle Beach SC     Fee       Hard/Springing Cash Management        
23 Royal View Estates     Fee       Springing        
24 Garage M     Fee       Hard/Springing Cash Management        
25 Tacoma Mall Office Building     Fee       Hard/Springing Cash Management        
26 Bon Aire Residents, Inc.     Fee       None        
27 Discovery Centre     Fee       Springing        
28 Holiday Inn Express - Oregon, OH     Fee       Springing        
29 Jeffrey Gardens Apartment Corp.     Fee       None        
30 Alvarado Sunset Apartments     Fee       Springing        
31 Academy Professional Campus     Fee       Springing        
32 Hampton Inn - Brenham TX     Fee       Hard/Upfront Cash Management        
33 Stafford Court Apartments     Fee       Springing        
34 Memphis MF Portfolio     Fee       Springing        
34.01 Mendenhall Gardens     Fee                
34.02 High Point Apartments     Fee                
35 32nd Street Retail     Fee       Hard/Upfront Cash Management        
36 100 Grove Road     Fee       Soft/Upfront Cash Management        
37 2-4 Windsor Terrace Owners, Inc.     Fee       None 4,040,592 20,354 300,000 0
38 Harrison Gardens Owners, Inc.     Fee       None 3,970,267 19,447 250,000 0
39 Parts Authority and Laurel Self Storage     Fee       None        
40 415 Gramatan Avenue Corporation     Fee       None 3,445,645 15,536 250,000 0
41 Darien Pointe Plaza     Fee       Hard/Springing Cash Management        
42 Greenwich and Perry Street Housing Corporation     Fee       None 3,996,480 19,861 1,000,000 0
43 Camberwell Apartments     Fee       Springing        
44 Rancho Lone Mountain Storage - NV     Fee       None        
45 Maple Terrace Apartments     Fee       Springing        
46 Southwest Villas Jacksonville     Fee       Springing        
47 530 Riverdale Owners Corp.     Fee       None 3,098,198 13,466 400,000 0
48 140 E. 83rd Tenants Corp.     Fee       None 2,993,627 14,676 500,000 0
49 Canby Gardens Apartments     Fee       Springing        
50 Penbrook Owners, Corp.     Fee       None        
51 Chapel Owners Corp.     Fee       None 2,294,763 11,499 250,000 0
52 595 McLean Owners, Inc.     Fee       None 2,398,706 10,527 400,000 0
53 Crestwood Apartments, Inc.     Fee       None 2,297,563 11,283 300,000 0
54 Ridgecrest Owners Corp.     Fee       None 2,494,942 12,210 500,000 0
55 Palatka Oaks Apartments     Fee       Springing        
56 Keep Self Storage     Fee       None        
57 78-06 Owners Corp.     Fee       None        
58 251 Seaman Owners Corp.     Fee       None 1,790,107 12,243 500,000 0
59 439 East 88 Owners Corp.     Fee       None 1,698,534 8,114 500,000 0
60 College Gardens Cooperative, Inc.     Fee       None 1,674,281 7,530 500,000 0
61 68 Laight Street Owners Corp.     Fee       None 1,198,813 5,924 200,000 0
62 236 East 28th Street Owners Corp.     Fee       None 1,198,813 5,924 200,000 0

 

A-1-15

 

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

 

Mortgage Loan Number Property Name Whole Loan U/W NOI DSCR (x) Whole Loan U/W NCF DSCR (x) Whole Loan Cut-off Date LTV Ratio Whole Loan Cut-off Date U/W NOI Debt Yield Whole Loan Cut-off Date U/W NCF Debt Yield Mezzanine Debt Cut-off Date Balance($)
1 1745 Broadway            
2 Griffin Portfolio II            
2.01 Southern Company Services Headquarters            
2.02 Amazon.com Sortable Fulfillment Center            
2.03 IGT North American Gaming & Interactive Headquarters            
2.04 3M Distribution Facility            
3 Pfizer Building            
4 Showcase II           37,000,000
5 ExchangeRight Net Leased Portfolio #22            
5.01 Pick n Save - Sun Prairie WI            
5.02 BioLife Plasma Services L.P. - Glendale AZ            
5.03 Walgreens - West Lafayette IN            
5.04 CVS - Novi MI            
5.05 Tractor Supply - Egg Harbor NJ            
5.06 Walgreens - Bedford TX            
5.07 Tractor Supply - Oxford MI            
5.08 First Midwest Bank - Melrose Park IL            
5.09 Walgreens - Waterford MI            
5.10 Dollar General - DeLand FL            
5.11 Dollar General - Girard OH            
5.12 Dollar General- Franklin OH            
5.13 Family Dollar - Bridge City LA            
5.14 Dollar General - Baton Rouge LA            
5.15 Fresenius Medical Care - Vineland NJ            
6 The Galleria            
7 Broadway Plaza            
8 Plaza Frontenac            
9 Town Center Aventura            
10 Florida Hotel & Conference Center            
11 Ditson Building            
12 Fair Oaks Mall 1.72 1.64 47.5% 11.5% 11.0%  
13 Anderson Towne Center            
14 181 Fremont Street           225,000,000
15 Shoppes at Chino Hills            
16 Empire Towers V            
17 Regal Cinemas Lincolnshire            
18 Hyatt Place - Downtown Boise ID            
19 CoolSprings Galleria            
20 Bryant Gardens Corp.            
21 Staybridge Suites Orlando Airport South            
22 Courtyard - Myrtle Beach SC            
23 Royal View Estates            
24 Garage M            
25 Tacoma Mall Office Building            
26 Bon Aire Residents, Inc.            
27 Discovery Centre            
28 Holiday Inn Express - Oregon, OH            
29 Jeffrey Gardens Apartment Corp.            
30 Alvarado Sunset Apartments            
31 Academy Professional Campus            
32 Hampton Inn - Brenham TX            
33 Stafford Court Apartments            
34 Memphis MF Portfolio            
34.01 Mendenhall Gardens            
34.02 High Point Apartments            
35 32nd Street Retail            
36 100 Grove Road            
37 2-4 Windsor Terrace Owners, Inc. 3.87 3.78 25.5% 23.4% 22.9%  
38 Harrison Gardens Owners, Inc. 3.93 3.84 26.5% 23.1% 22.6%  
39 Parts Authority and Laurel Self Storage            
40 415 Gramatan Avenue Corporation 2.77 2.70 37.0% 15.0% 14.6%  
41 Darien Pointe Plaza            
42 Greenwich and Perry Street Housing Corporation 4.61 4.58 14.3% 27.5% 27.3%  
43 Camberwell Apartments            
44 Rancho Lone Mountain Storage - NV            
45 Maple Terrace Apartments            
46 Southwest Villas Jacksonville            
47 530 Riverdale Owners Corp. 3.62 3.52 40.2% 18.9% 18.4%  
48 140 E. 83rd Tenants Corp. 14.78 14.70 3.3% 86.9% 86.4%  
49 Canby Gardens Apartments            
50 Penbrook Owners, Corp.            
51 Chapel Owners Corp. 7.98 7.86 10.8% 48.0% 47.3%  
52 595 McLean Owners, Inc. 3.59 3.50 43.6% 18.9% 18.4%  
53 Crestwood Apartments, Inc. 4.72 4.62 20.1% 27.8% 27.2%  
54 Ridgecrest Owners Corp. 6.20 6.09 19.0% 36.4% 35.8%  
55 Palatka Oaks Apartments            
56 Keep Self Storage            
57 78-06 Owners Corp.            
58 251 Seaman Owners Corp. 5.51 5.42 6.7% 45.2% 44.5%  
59 439 East 88 Owners Corp. 5.69 5.53 8.1% 32.6% 31.7%  
60 College Gardens Cooperative, Inc. 21.29 20.91 7.3% 114.9% 112.8%  
61 68 Laight Street Owners Corp. 7.89 7.78 5.5% 46.8% 46.1%  
62 236 East 28th Street Owners Corp. 6.46 6.33 9.3% 38.3% 37.5%  

 

A-1-16

 

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

 

Mortgage Loan Number Property Name Sponsor Affiliated Sponsors Mortgage Loan Number
1 1745 Broadway QSuper Board as trustee for QSuper   1
2 Griffin Portfolio II Griffin Capital Company, LLC   2
2.01 Southern Company Services Headquarters     2.01
2.02 Amazon.com Sortable Fulfillment Center     2.02
2.03 IGT North American Gaming & Interactive Headquarters     2.03
2.04 3M Distribution Facility     2.04
3 Pfizer Building David Werner   3
4 Showcase II Nakash Properties LLC; Nakash Holding LLC; Eli Gindi; Jeffrey Gindi   4
5 ExchangeRight Net Leased Portfolio #22 ExchangeRight Real Estate, LLC   5
5.01 Pick n Save - Sun Prairie WI     5.01
5.02 BioLife Plasma Services L.P. - Glendale AZ     5.02
5.03 Walgreens - West Lafayette IN     5.03
5.04 CVS - Novi MI     5.04
5.05 Tractor Supply - Egg Harbor NJ     5.05
5.06 Walgreens - Bedford TX     5.06
5.07 Tractor Supply - Oxford MI     5.07
5.08 First Midwest Bank - Melrose Park IL     5.08
5.09 Walgreens - Waterford MI     5.09
5.10 Dollar General - DeLand FL     5.10
5.11 Dollar General - Girard OH     5.11
5.12 Dollar General- Franklin OH     5.12
5.13 Family Dollar - Bridge City LA     5.13
5.14 Dollar General - Baton Rouge LA     5.14
5.15 Fresenius Medical Care - Vineland NJ     5.15
6 The Galleria Jeffrey Feil   6
7 Broadway Plaza Jeffrey Essakow; Yehudi Gaffen   7
8 Plaza Frontenac General Growth Properties; Canada Pension Plan Investment Board   8
9 Town Center Aventura Jacquelyn Soffer   9
10 Florida Hotel & Conference Center Terry Shaikh   10
11 Ditson Building Elena Gilman; Simeon Derenshteyn   11
12 Fair Oaks Mall The Taubman Realty Group Limited Partnership; Morton Olshan   12
13 Anderson Towne Center Victory Real Estate Investments, LLC   13
14 181 Fremont Street Joseph K. Paul   14
15 Shoppes at Chino Hills Dunhill Partners, Inc.   15
16 Empire Towers V Michael G. Rademaker   16
17 Regal Cinemas Lincolnshire Scott D. Greenberg   17
18 Hyatt Place - Downtown Boise ID PEG Development, LLC   18
19 CoolSprings Galleria CBL & Associates Limited Partnership; CBL & Associates Properites, Inc.; Teachers Insurance and Annuity Association of America; APG Asset Management US Inc.   19
20 Bryant Gardens Corp.     20
21 Staybridge Suites Orlando Airport South Enrico Scarda   21
22 Courtyard - Myrtle Beach SC Alex Fridzon; Arie Fridzon; Jose Daniel Berman   22
23 Royal View Estates I.S. Properties L.P   23
24 Garage M Olshan Properties   24
25 Tacoma Mall Office Building Jeffrey Mincheff; Arthur L. Wolfe   25
26 Bon Aire Residents, Inc.     26
27 Discovery Centre Brad Zamler   27
28 Holiday Inn Express - Oregon, OH Jabbar Yousif; Saad Roumaya; Francis Shallal   28
29 Jeffrey Gardens Apartment Corp.     29
30 Alvarado Sunset Apartments Shiuh-Wuu Lee; Yueh-Ying H. Lee; Jing-Yuan Lee; Jing-Lan Lee   30
31 Academy Professional Campus Bruce Baldwin   31
32 Hampton Inn - Brenham TX Patel Family   32
33 Stafford Court Apartments Peter Confehr Y - Group 1 33
34 Memphis MF Portfolio John Planchon   34
34.01 Mendenhall Gardens     34.01
34.02 High Point Apartments     34.02
35 32nd Street Retail Martin Landis   35
36 100 Grove Road Jeffery C. Schneider   36
37 2-4 Windsor Terrace Owners, Inc.     37
38 Harrison Gardens Owners, Inc.     38
39 Parts Authority and Laurel Self Storage Dennis W. Schraf; James J. McCarthy   39
40 415 Gramatan Avenue Corporation     40
41 Darien Pointe Plaza Edward F. Paliatka   41
42 Greenwich and Perry Street Housing Corporation     42
43 Camberwell Apartments John S. Newsome; Michael J. Doyle Y - Group 2 43
44 Rancho Lone Mountain Storage - NV Lino Croaro; Antonette Croaro   44
45 Maple Terrace Apartments Peter Confehr Y - Group 1 45
46 Southwest Villas Jacksonville John S. Newsome; Michael J. Doyle Y - Group 2 46
47 530 Riverdale Owners Corp.     47
48 140 E. 83rd Tenants Corp.     48
49 Canby Gardens Apartments Peter Confehr Y - Group 1 49
50 Penbrook Owners, Corp.     50
51 Chapel Owners Corp.     51
52 595 McLean Owners, Inc.     52
53 Crestwood Apartments, Inc.     53
54 Ridgecrest Owners Corp.     54
55 Palatka Oaks Apartments John S. Newsome; Michael J. Doyle Y - Group 2 55
56 Keep Self Storage Steven Weinstock; Daniella Weinstock   56
57 78-06 Owners Corp.     57
58 251 Seaman Owners Corp.     58
59 439 East 88 Owners Corp.     59
60 College Gardens Cooperative, Inc.     60
61 68 Laight Street Owners Corp.     61
62 236 East 28th Street Owners Corp.     62

 

A-1-17

 

          FOOTNOTES TO ANNEX A-1        
                         
  See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.
                         
(1) “WFB” denotes Wells Fargo Bank, National Association, “BANA” denotes Bank of America, National Association, “MSMCH” denotes Morgan Stanley Mortgage Capital Holdings LLC and “NCB” denotes National Cooperative Bank, N.A.
                         
(2) For mortgage loan #36 (100 Grove Road), the Number of Units includes 16,607 square feet of warehouse space.
                         
  For mortgage loan #39 (Parts Authority and Laurel Self Storage), the Number of Units excludes 38,315 square feet of self storage space, which are part of the collateral but have not been included in underwriting.
                         
(3) For mortgage loan #7 (Broadway Plaza), accrues interest at a rate of 4.6720% per annum (the “Initial Interest Rate”) through the anticipated repayment date of July 1, 2028 (the “ARD”). After the ARD, if the mortgage loan remains outstanding, (a) all excess cash flow with respect to the mortgaged property is required to be applied to repay the mortgage loan and (b) the mortgage loan will accrue interest at an interest rate equal to the greater of (i) the Initial Interest Rate plus 2.75% or (ii) the sum of (a) the 10-year U.S. swap rate as of the ARD, (b) 1.82% and (c) 2.75%. (the “Extended Term Interest Rate”) through the final maturity date of November 1, 2029, with all interest accrued at the excess of the Extended Term Interest Rate over the Initial Interest Rate deferred and due and payable with the repayment of the mortgage loan in full.
                         
(4) For mortgage loan #1 (1745 Broadway), the Appraised Value includes tenant improvements and leasing commissions, which were reserved for at closing.
                         
  For mortgage loan #2 (Griffin Portfolio II), the “As Portfolio” Appraised Value of $415,500,000 reflects a 5.0% 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 $395,690,000, which represents a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 63.2%. See the definition of “Appraised Value” under “Description of the Mortgage Pool—Definitions” in the prospectus.
                         
  For mortgage loan #3 (Pfizer Building), as of the appraisal valuation date of March 26, 2018 the Mortgaged Property had an “as-is” appraised value of $210,000,000. The appraiser also concluded to a “Prospective Market Value-Extended Ground Lease” appraised value of $415,000,000. The Cut-off Date LTV and LTV Ratio At Maturity based on the “Prospective Market Value-Extended Ground Lease” appraised value are 30.1% and 1.0%, respectively. On or prior to July 11, 2018, the borrower made an initial payment of $50,000,000 for the option to extend the ground lease. This prospective market value assumes that a second $50,000,000 ground lease extension option payment will be made in year three of the Mortgage Loan, and the ground lease will be extended to December 31, 2117. The borrower is not obligated to exercise its option to extend the ground lease and the foregoing payment has not been reserved for. The “as is” and “Prospective Market Value-Extended Ground Lease” values both assume that the sole tenant, Pfizer, vacates the Mortgaged Property at the expiration of its lease in July 2024 and that $100,000,000 is invested to redevelop the Mortgaged Property. No funds have been reserved for redevelopment of the Mortgaged Property.
                         
  For mortgage loan #4 (Showcase II), the Appraised Value is a prospective market value that assumes all tenants are in occupancy, paying full unabated rent and open for business as of April 2019. All outstanding free rent, tenant improvements and leasing commissions have been reserved for at closing. The as is appraised value is $215,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $215,000,000 appraised value is 59.5%.
                         
  For mortgage loan #14 (181 Fremont Street), the Appraised Value is a prospective market value that assumes the mortgaged property is complete and/or achieves stabilization as of March 1, 2021. The as is appraised value as of February 28, 2018 is $461,000,000 and is inclusive of deductions for free rent, tenant improvement and leasing commission (“TI/LC”) obligations. The borrower deposited upfront reserves totalling $111,096,358 for such contractual TI/LC obligations and free rent. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $461,000,000 appraised value is 54.2%.

  

A-1-18

  

                         
  For mortgage loan #21 (Staybridge Suites Orlando Airport South), the Appraised Value assumes the property improvement plan is completed by April 2019. The appraised value assuming the property improvement plan is not completed is $17,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $17,000,000 appraised value are 77.1% and 66.9%, respectively.
                         
  For mortgage loan #22 (Courtyard - Myrtle Beach SC), the “When Complete” Appraised Value of $18,700,000 as of April 1, 2019 assumes $600,000 of capital expenditures will be complete (which amount was reserved at closing). The “as-is” value of $17,500,000 as of March 5, 2018 represents a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 72.3% and 60.2%, respectively. See the definition of “Appraised Value” under “Description of the Mortgage Pool—Definitions” in the prospectus.
                         
  For mortgage loan #35 (32nd Street Retail), the Appraised Value assumes all tenants are in occupancy and paying rent and the mortgaged property has achieved stabilized occupancy by February 2019. The appraised value assuming the property has not stabilized is $7,225,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $7,225,000 appraised value is 54.8%.
                         
  For mortgage loan #39 (Parts Authority and Laurel Self Storage), the Appraised Value assumes stabilized occupancy by May 2019. The appraised value assuming the property has not stabilized is $8,530,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $8,530,000 appraised value is 38.7%.
                         
(5) For mortgage loan #1 (1745 Broadway), the mortgage loan represents Notes A-5 and A-6 of eight pari passu notes, which have a combined Cut-off Date Balance of $319,000,000. The other six notes are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on all eight notes in the aggregate (the “1745 Broadway Whole Loan”). Notes A-5 and A-6 represent non-controlling interests in the 1745 Broadway Whole Loan.
                         
  For mortgage loan #2 (Griffin Portfolio II), the mortgage loan represents Note A-1-1 and Note A-1-2-2 of seven pari passu notes, which have a combined Cut-off Date principal balance of $250,000,000. Notes A-1-2-1, A-2-1, A-2-2-1, A-2-2-2 and A-2-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per unit of measure presented are based on Notes A-1-1, A-1-2-1, A-1-2-2, A-2-1, A-2-2-1, A-2-2-2 and A-2-3 in the aggregate (“Griffin Portfolio II Whole Loan”). Note A-1-1 is the controlling interest in the Griffin Portfolio II Whole Loan.
                         
  For mortgage loan #3 (Pfizer Building), the mortgage loan represents Note A-1, Note A-4 and Note A-5 of five pari passu notes, which have a combined Cut-off Date Balance of $125,000,000. Notes A-2 and A-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2, A-3, A-4 and A-5 in the aggregate (the “Pfizer Building Whole Loan”). Note A-1 represents the controlling interest in the Pfizer Building Whole Loan.
                         
  For mortgage loan #4 (Showcase II), the mortgage loan represents Note A-1 of three pari passu notes, which have a combined Cut-off Date Balance of $128,000,000. Notes A-2 and A-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2 and A-3 in the aggregate (the “Showcase II Whole Loan”). Note A-1 represents the controlling interest in the Showcase II Whole Loan.
                         
  For mortgage loan #8 (Plaza Frontenac), the mortgage loan represents Note A-2 of two pari passu notes, which have a combined Cut-off Date Balance of $100,000,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Plaza Frontenac Whole Loan”). Note A-2 represents the non-controlling interest in the Plaza Frontenac Whole Loan.
                         
  For mortgage loan #9 (Town Center Aventura), the mortgage loan represents Note A-1 of two pari passu notes, which have a combined Cut-off Date Balance of $80,000,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented is based on Notes A-1 and A-2 in the aggregate (the “Town Center Aventura Whole Loan”). Note A-1 represents the controlling interest in the Town Center Aventura Whole Loan.
   
  For mortgage loan #12 (Fair Oaks Mall), the mortgage loan represents Note A-1-2 of five pari passu companion loans, which have a combined Cut-off Date principal balance of $174,454,629, and Notes B-1 and B-2 totaling $84,735,106 (“Fair Oaks Mall Whole Loan”). Notes A-1-1, A-2-1, A-2-2, A-2-3, B-1 and

  

A-1-19

  

                         
  B-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per unit of measure presented are based on Notes A-1-1, A-1-2, A-2-1, A-2-2 and A-2-3 in the aggregate, but exclude Notes B-1 and B-2. Note A-1-2 represents a non-controlling interest in the Fair Oaks Mall Whole Loan.
   
  For mortgage loan #13 (Anderson Towne Center), the mortgage loan represents Note A-1 of two pari passu notes, which have a combined Cut-off Date Balance of $42,281,704. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Anderson Towne Center Whole Loan”). Note A-1 represents the controlling interest in the Anderson Towne Center Whole Loan.
                         
  For mortgage loan #14 (181 Fremont Street), the mortgage loan represents Note A-3 of seven pari passu notes, which have a combined Cut-off Date Balance of $250,000,000. The other six notes are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on all six notes in the aggregate (the “181 Fremont Whole Loan”). Note A-3 represents a non-controlling interest in the 181 Fremont Whole Loan.
                         
  For mortgage loan #15 (Shoppes at Chino Hills), the mortgage loan represents Note A-2 of four pari passu notes, which have a combined Cut-off Date Balance of $110,000,000. Notes A-1, A-3 and A-4 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2, A-3 and A-4 in the aggregate (the “Shoppes at Chino Hills Whole Loan”). Note A-2 represents the non-controlling interest in the Shoppes at Chino Hills Whole Loan.
   
  For mortgage loan #19 (CoolSprings Galleria), the mortgage loan represents Note A-4-2 of five pari passu notes, which have a combined Cut-off Date Balance of $154,422,121. Notes A-1, A-2 and A-3 and A-4-1 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance Per Unit/SF figures presented are based on Notes A-1, A-2, A-3, A-4-1 and A-4-2 in the aggregate (the “CoolSprings Galleria Whole Loan”). Note A-4-2 represents a non-controlling interest in the CoolSprings Galleria Whole Loan.
                         
(6) For mortgage loan #11 (Ditson Building), 24.0% of underwritten revenue is for a retail tenant.
                         
(7) In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting.
                         
  For mortgage loan #1 (1745 Broadway), the largest tenant (603,650 square feet), representing 88.2% of net rentable square feet, has free rent through April 2019. The third largest tenant (27,375 square feet), representing 4.0% of net rentable square feet, has free rent through April 2019. All outstanding free rent was reserved for at closing.
                         
  For mortgage loan #2 (Griffin Portfolio II), the third largest tenant in the portfolio, Southern Company Services, Inc. has been occupying its space in phases, with 100% occupancy expected by October 2018. Under a master escrow agreement with the seller of the property, to the extent not paid by the tenant during its partial occupancy, the landlord will continue to receive from the seller through December 2018 all rent and reimbursements for any unoccupied space for which the tenant is not paying rent and reimbursements. Beginning January 2019, tenant is responsible for payments on 100% of its space per its lease.
                         
  With respect to mortgage loan #3 (Pfizer Building), the sole tenant, Pfizer Inc., plans to vacate the Mortgaged Property upon its lease expiration date of July 9, 2024. The mortgage loan matures August 8, 2024. The Mortgaged Property is leased to a joint venture 99% owned by the borrower, and is also concurrently leased by the joint venture to the sole tenant, Pfizer (under a lease which also relates to an adjacent building, 219 East 42nd Street, that is not included in the collateral). The collateral for the Pfizer Building Loan includes the lease to the affiliated joint venture and a present assignment of the landlord’s interest in the Pfizer lease with respect to the mortgaged property with respect to the period following the expiration or termination of the lease to the joint venture. See “Risk Factors—Risks Relating to the Mortgage Loans—Risks Relating to Pfizer Building Mortgage Loan” for more information regarding the loan and lease structure.
                         
  For mortgage loan #4 (Showcase II), the fourth largest tenant (5,669 square feet), representing 13.7% of net rentable square feet, has executed a lease but is not open for business or paying rent. The fourth

  

A-1-20

  

                         
  largest tenant is anticipated to open for business and begin paying rent in October 2018. The fifth largest tenant (3,923 square feet), representing 9.5% of net rentable square feet, has executed a lease but is not open for business or paying rent. The fifth largest tenant is anticipated to open for business and begin paying rent in October 2018. All outstanding free rent, tenant improvements and leasing commissions were reserved for at closing.
   
  For mortgage loan #11 (Ditson Building), the largest tenant (33,300 square feet), TTC USA Consulting (“TTC”), representing 56.6% of net rentable square feet, occupies floors 3, 4 and 7 through 10. The 10th floor was leased to The New York Foundation, which recently vacated at lease expiration in June 2018 and TTC is expected to take possession in August 2018 and to commence a build out afterwards. TTC is expected to pre-pay the first 12 months of rent by August 2018, and thereafter the tenant will receive three months of free rent, which has been reserved for. TTC is not yet in occupancy of the 4th floor space. TTC has taken possession of such space and is completing its buildout. Rent commenced in March 2018 and TTC is expected to complete its buildout and be in physical occupancy in August 2018. TTC has prepaid its rent for its other floors, which prepaid rent has been deposited into a reserve fund.
                         
  For mortgage loan #11 (Ditson Building), the third largest tenant (8,900 square feet), VR Worldwide, Inc, representing 15.1% of net rentable square feet, leases 5,604 square feet of ground floor space and 3,296 square feet of basement space. The tenant recently executed a lease for the ground floor space and took possession of the space in April 2018. The tenant is expected to be in physical occupancy and open for business no later than October 2018 and will receive 196 days of free rent, which has been reserved for. Rent payments are expected to commence in October 2018.
                         
  For mortgage loan #14 (181 Fremont Street), the sole tenant (436,332 square feet), representing 100% of net rentable square feet, has taken possession of the mortgaged property and is currently renovating the entirety of mortgaged property in three phases with anticipated completion/occupancy for each phase being as follows: (i) Phase I (floors 5-13) – February 2019; (ii) Phase II (floors 14-25) – March 2020; and (iii) Phase III (floors 26-38) – March 2021; Facebook has rent abatement for the first 11 months of the lease term with rent payments commencing in February 2019. A rent concession reserve in the amount of $68,379,092 and an outstanding TI/LC reserve in the amount of $42,717,266 was deposited with lender at loan origination. In addition, the rent for the sole tenant has been underwritten on a straight-line basis.
                         
  For mortgage loan #16 (Empire Towers V), the third largest tenant (15,755 square feet), representing 12.6% of net rentable square feet, has given its notice of its intent to vacate and has been underwritten as vacant.
                         
  For mortgage loan #35 (32nd Street Retail), the fifth largest tenant (1,601 square feet), representing 11.5% of net rentable square feet, is in occupancy, but will not commence paying rent until February 2019. A $250,000 leasing reserve was taken at closing.
                         
(8) For mortgage loan #7 (Broadway Plaza), the borrower is permitted to master lease to an affiliate the parcel on which 14,580 square feet currently leased to NavCare is located, in which event the lender is required to subordinate the lien of the mortgage to such master lease, provided that certain conditions are satisfied. The master tenant will be permitted to obtain financing secured by its leasehold interest.
                         
(9) The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.
                         
  For mortgage loan #1 (1745 Broadway), the largest tenant (603,650 square feet), representing 88.2% of net rentable square feet, may reduce its space on the 23rd floor (27,375 square feet), as of June 30, 2023 upon providing 12 months’ written notice and payment of a $1,002,746 contraction fee.
                         
  For mortgage loan #5 (ExchangeRight Net Leased Portfolio #22), the fourth largest tenant (15,230 square feet), representing 6.6% of net rentable square feet, has an ongoing termination right with 30 days’ notice and payment of the present value (discounted at 8.25%) of all remaining lease payments through lease maturity. BioLife Plasma Services, LP also has a re-letting restriction for the two-year period after the expiration or earlier termination of its lease whereby the landlord may not sell or lease the related property to any operator of a plasmapheresis center or other competing business to BioLife Plasma Services, LP. Should BioLife Plasma Services, LP terminate its lease, the ExchangeRight Mortgage Loan Documents require the termination fee to be deposited to a BioLife rollover reserve.

  

A-1-21

  

                         
  For mortgage loan #5 (ExchangeRight Net Leased Portfolio #22), Walgreens is a tenant at three of the ExchangeRight Portfolio #22 properties and leases: (i) 14,175 square feet at the Walgreens – West Lafayette IN property under a lease that has a termination right on January 2022 and January 2027 with 6 months’ notice; (ii) 13,905 square feet at the Walgreens – Waterford MI property under a lease that has a termination right on February 28, 2023 and on February 29, 2028 with 6 months’ notice; and (iii) 13,650 square feet at the Walgreens – Bedford TX property under a lease that has a termination right on February 28, 2028 with 6 months’ notice.
                         
  For mortgage loan #6 (The Galleria), the second largest tenant, (42,176 square feet), representing 9.0% of net rentable square feet, has the one time option to terminate the lease on 6/30/2026, upon 9 months’ prior written notice. The tenant is required to pay a termination fee of all of the unamortized costs of tenant improvement allowance and leasing commissions at 8% interest rate equal to $393,544.28 plus 4 months of the current rent which is equal to $326,864.00 for a total of $720,408.28.
                         
  For mortgage loan #6 (The Galleria), the third largest tenant, (39,642 square feet), representing 8.4% of net rentable square feet, has the right to terminate its lease any time after 12/26/2026 upon 120 days’ prior written notice with no further obligation.
                         
  For mortgage loan #12 (Fair Oaks Mall), the third largest tenant, (20,265 square feet), representing 2.6% of net rentable square feet, has a termination option if it fails to achieve gross sales of at least $6,000,000 for the period March 28, 2021 to March 29, 2022, effective as of March 29, 2023.
                         
  For mortgage loan #19 (CoolSprings Galleria), the third largest tenant (23,644 square feet), representing 3.7% of net rentable square feet, may terminate its lease if gross sales for the trailing twelve month period ending May 1, 2020 are less than $4,000,000, upon providing 180 days’ written notice.
                         
  For mortgage loan #25 (Tacoma Mall Office Building), the largest tenant, Pierce County Public Works & Utilities, has a perpetual non-appropriations clause where if funds in the annual Pierce County Budget Appropriations Ordinance are not appropriated to pay all amounts in any subsequent fiscal year, the tenant will notify the landlord in writing within 30 days and the lease will be terminated.
                         
  For mortgage loan #25, (Tacoma Mall Office Building), the fifth largest tenant (6,808 square feet) representing 5.9% of NRA, tenant has a one-time option to terminate the lease effective 9/30/2019 by providing prior written notice on or before 6/30/2019. The tenant must submit payment equal to the unamortized tenant improvements and lease commissions at the time of notice.
                         
  For mortgage loan #35 (32nd Street Retail), the third largest tenant (2,120 square feet), representing 15.3% of net rentable square feet, may terminate its lease as of January 31, 2019, upon providing 180 days’ written notice and payment of a termination fee equal to six months base rent and all unamortized tenant improvements and leasing commissions.
                         
  For mortgage loan #41, (Darien Pointe Plaza), the third largest tenant (2,095 square feet) representing 14.5% of NRA, has the right to terminate the lease on or after September 22, 2021, upon 120 days prior written notice to the landlord. The tenant shall pay the early termination fee of $41,271.00.
                         
(10) For mortgage loan #7 (Broadway Plaza), the largest and second largest tenants (308,147 square feet), representing 86.5% of net rentable square feet, lease their collateral sites and the improvements built on the pad sites are owned by the tenant.
                         
(11) For mortgage loan #10 (Florida Hotel & Conference Center), the Monthly Replacement Reserve is required to be deposited by the property manager into a separate lockbox account for furniture, fixtures and equipment reserves in an amount equal to 4.0% of the borrower’s gross operating income. The property manager will have access to such account and may use the funds in such account until (i) the property management agreement has terminated, (ii) the property manager is in default under the property management agreement, or (iii) an event of default has occurred under the mortgage loan.
                         
  For mortgage loan #21 (Staybridge Suites Orlando Airport South), the Monthly Replacement Reserve will begin in August 2019 and adjust to the greater of the existing Monthly Replacement Reserve and 1/12th of (i) 2.0% for August 2019 through July 2020; and (ii) 4.0% thereafter of U/W Revenues from the prior fiscal year.

  

A-1-22

  

                         
  For mortgage loan #22 (Courtyard – Myrtle Beach SC), on each payment date occurring during the months from September through February, should the DSCR fall below 1.15x the borrower is required to deposit 1/5th of the shortfall each month from March through August.
                         
(12) With respect to mortgage loan #3 (Pfizer Building), the ground lease expires December 31, 2057. Annual rent under the Pfizer Building ground lease is $9,800,000 through April 30, 2022, $11,050,000 from May 1, 2022 through April 30, 2027, $12,300,000 from May 1, 2027 through April 30, 2032 and $13,550,000 from May 1, 2032 through April 30, 2037. The Pfizer Building ground lease requires that either (i) on or prior to June 30, 2036, the Pfizer Building ground lessor and the ground lessee must agree on the net rent payable from May 1, 2037 through April 30, 2049 or (ii) the annual rent will be equal to 5.5% of the Pfizer Building land value (as defined in the ground lease) but not less than the rent for the lease year ending April 30, 2037. The Pfizer Building ground lease further requires that either (i) on or prior to June 30, 2048, the Pfizer Building ground lessor and the ground lessee must agree on the net rent payable from May 1, 2049 through December 31, 2057 or (ii) the annual rent will be equal to 5.5% of the Pfizer Building land value but not less than the rent for the lease year ending April 30, 2049.
The borrower under the Pfizer Building loan has an option to extend the ground lease to December 31, 2117, as described in footnote #4 above. The borrower is not required to exercise the extension option, and the option fee has not been reserved for.
                         
(13) With respect to mortgage loan #3 (Pfizer Building), the Whole Loan amortizes based on a specific amortization schedule, which is set forth in Annex A-4 of the Preliminary Prospectus.
                         
  With respect to mortgage loan #12 (Fair Oaks Mall), the Whole Loan amortizes based on a specific amortization schedule, which is set forth in Annex A-5 of the Preliminary Prospectus.

 

A-1-23