FWP 1 n1689-x3_anxa1.htm FREE WRITING PROSPECTUS

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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Mortgage
Loan
Originator(1)
Mortgage
Loan Seller(1)
Original
Balance
Cut-off Date
Balance
Maturity/ARD
Balance
Cut-off Date
Balance per SF/
Units/Rooms
Loan Purpose Sponsor Non-Recourse Carveout Guarantor   No. of
Properties
General Property Type Detailed Property Type
Loan 5, 8 1 Grand Canal Shoppes 9.4%    MSBNA MSMCH $70,000,000 $70,000,000 $70,000,000 $1,000.14 Refinance Brookfield Properties REIT Inc.; Nuveen Real Estate BPR Nimbus LLC   1 Retail Specialty Retail
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio 8.0%    AREF AREF $60,000,000 $60,000,000 $60,000,000 $145.00 Refinance Mark Gabay Mark Gabay   14    
Property   2.01 The Springs 1.7%    AREF AREF $12,752,287 $12,752,287 $12,752,287             Retail Anchored
Property   2.02 Summerwood 1.2%    AREF AREF $8,851,735 $8,851,735 $8,851,735             Retail Anchored
Property   2.03 Food 4 Less – Target Center 0.8%    AREF AREF $6,059,082 $6,059,082 $6,059,082             Retail Anchored
Property   2.04 El Super Center 0.8%    AREF AREF $5,927,509 $5,927,509 $5,927,509             Retail Anchored
Property   2.05 Island Plaza 0.6%    AREF AREF $4,531,043 $4,531,043 $4,531,043             Retail Anchored
Property   2.06 Baldwin Park Promenade 0.4%    AREF AREF $3,213,912 $3,213,912 $3,213,912             Retail Anchored
Property   2.07 Lynwood Plaza 0.4%    AREF AREF $3,187,653 $3,187,653 $3,187,653             Retail Anchored
Property   2.08 El Cajon (CVS) 0.4%    AREF AREF $2,766,115 $2,766,115 $2,766,115             Retail Anchored
Property   2.09 Loma Vista 0.3%    AREF AREF $2,450,171 $2,450,171 $2,450,171             Retail Anchored
Property   2.10 MLK Medical 0.3%    AREF AREF $2,357,986 $2,357,986 $2,357,986             Office Suburban
Property   2.11 Hawthorne Plaza 0.3%    AREF AREF $2,265,801 $2,265,801 $2,265,801             Retail Anchored
Property   2.12 Five Points Plaza 0.3%    AREF AREF $2,213,004 $2,213,004 $2,213,004             Retail Anchored
Property   2.13 Towne Center Square 0.3%    AREF AREF $2,028,354 $2,028,354 $2,028,354             Retail Shadow Anchored
Property   2.14 Camarillo 0.2%    AREF AREF $1,395,349 $1,395,349 $1,395,349             Retail Shadow Anchored
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park 6.0%    AREF AREF $45,000,000 $45,000,000 $36,592,129 $260,124.61 Refinance David D. Marvin David D. Marvin   1 Hospitality Full Service
Loan 5, 13 4 125 Borinquen Place 4.7%    SMC SMC $35,000,000 $35,000,000 $35,000,000 $416,000.00 Refinance Joel Schwartz; Shaindy Schwartz Joel Schwartz; Shaindy Schwartz   1 Multifamily Mid Rise
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II 3.8%    SMC SMC $28,500,000 $28,500,000 $23,143,621 $65,130.89 Refinance/Acquisition Arun Patel; Hemant Patel Arun Patel; Hemant Patel   10    
Property   5.01 Courtyard Horseheads 0.6%    SMC SMC $4,484,771 $4,484,771 $3,641,889             Hospitality Limited Service
Property   5.02 Home2 Suites Oswego 0.5%    SMC SMC $3,616,751 $3,616,751 $2,937,008             Hospitality Limited Service
Property   5.03 Holiday Inn & Suites Rochester Marketplace 0.5%    SMC SMC $3,472,081 $3,472,081 $2,819,527             Hospitality Full Service
Property   5.04 Hampton Inn Corning Painted Post 0.4%    SMC SMC $3,182,741 $3,182,741 $2,584,566             Hospitality Limited Service
Property   5.05 Home2 Suites Rochester Henrietta 0.4%    SMC SMC $2,893,401 $2,893,401 $2,349,607             Hospitality Limited Service
Property   5.06 Holiday Inn Express Olean 0.4%    SMC SMC $2,690,863 $2,690,863 $2,185,133             Hospitality Limited Service
Property   5.07 Fairfield Inn Watertown 0.3%    SMC SMC $2,343,655 $2,343,655 $1,903,182             Hospitality Limited Service
Property   5.08 Holiday Inn Express Canandaigua 0.3%    SMC SMC $2,256,853 $2,256,853 $1,832,692             Hospitality Limited Service
Property   5.09 Candlewood Suites Watertown 0.3%    SMC SMC $2,170,051 $2,170,051 $1,762,205             Hospitality Limited Service
Property   5.10 Candlewood Suites Sayre 0.2%    SMC SMC $1,388,832 $1,388,832 $1,127,811             Hospitality Limited Service
Loan 17 6 617-625 West 46th Street 3.7%    CCRE CCRE $28,000,000 $28,000,000 $28,000,000 $565.66 Refinance Andrew C. Impagliazzo Andrew C. Impagliazzo   1 Mixed Use Office/Retail
Loan 5, 13 7 Tower 28 3.5%    MSBNA MSMCH $26,000,000 $26,000,000 $22,419,703 $248,888.89 Refinance Heatherwood Luxury Rentals Douglas S. Partrick   1 Multifamily High Rise
Loan 13 8 North Carolina Technical Park 3.4%    AREF AREF $25,500,000 $25,500,000 $20,672,232 $93.70 Refinance Edward J. Easton Edward J. Easton   1 Industrial Flex
Loan   9 Brotman Physicians Plaza 3.1%    AREF AREF $23,250,000 $23,250,000 $23,250,000 $479.33 Refinance Edward G. Hudson Edward G. Hudson   1 Office Medical
Loan   10 Wheatland Towne Crossing 2.8%    MSBNA MSMCH $21,250,000 $21,250,000 $21,250,000 $102.72 Refinance The Rainier Companies J. Kenneth Dunn   1 Retail Anchored
Loan 6 11 West Palm Beach Industrial 2.7%    SMC SMC $20,000,000 $20,000,000 $20,000,000 $94.76 Refinance Daniel Taillard; Yaniv Sananes Daniel Taillard; Yaniv Sananes   2    
Property   11.01 West Palm Beach 2.5%    SMC SMC $18,625,000 $18,625,000 $18,625,000             Industrial Warehouse Distribution
Property   11.02 Dania Beach 0.2%    SMC SMC $1,375,000 $1,375,000 $1,375,000             Industrial Flex
Loan 5, 18 12 FedEx Niles 2.2%    MSBNA MSMCH $16,500,000 $16,500,000 $16,500,000 $147.99 Acquisition N/A N/A   1 Industrial Warehouse Distribution
Loan 19 13 DoubleTree Princeton 2.2%    AREF AREF $16,100,000 $16,100,000 $13,166,690 $67,647.06 Acquisition Israel Neiss; Benzion Willner; Abraham Florans; Simcha Kaus Israel Neiss   1 Hospitality Full Service
Loan 20 14 Marriott Metairie at Lakeway 2.1%    MSBNA MSMCH $16,000,000 $16,000,000 $14,049,106 $72,727.27 Acquisition Naveen Shah Naveen Shah   1 Hospitality Full Service
Loan 6, 7 15 UES Multi Portfolio 2.1%    AREF AREF $15,900,000 $15,900,000 $15,900,000 $768.00 Refinance Salvatore Gaudio Salvatore Gaudio   3    
Property   15.01 1494 2nd Avenue 0.9%    AREF AREF $6,650,000 $6,650,000 $6,650,000             Mixed Use Multifamily/Retail
Property   15.02 1496 2nd Avenue 0.8%    AREF AREF $5,700,000 $5,700,000 $5,700,000             Mixed Use Multifamily/Retail
Property   15.03 304 East 78th Street 0.5%    AREF AREF $3,550,000 $3,550,000 $3,550,000             Mixed Use Multifamily/Retail
Loan   16 Courtyard Plaza 2.1%    AREF AREF $15,400,000 $15,400,000 $13,561,067 $79.62 Refinance Jeffrey L. Olyan Jeffrey L. Olyan   1 Retail Shadow Anchored
Loan 21 17 3 Independence Way 2.0%    AREF AREF $15,000,000 $14,964,388 $12,275,431 $131.26 Refinance Abraham Leser; Edith Leser Abraham Leser; Edith Leser   1 Office Suburban
Loan 5 18 Legacy Tower 1.8%    MSBNA MSMCH $13,500,000 $13,500,000 $12,469,178 $66.14 Refinance Buckingham Properties, LLC The Estate of Laurence C. Glazer   1 Office Suburban
Loan 5 19 3 Columbus Circle 1.7%    JPMCB CCRE $12,500,000 $12,500,000 $12,500,000 $650.11 Refinance Joseph Moinian Joseph Moinian   1 Office CBD
Loan 13 20 The View Apartments 1.6%    AREF AREF $12,200,000 $12,200,000 $12,200,000 $295.26 Refinance Benjamin Rusi Benjamin Rusi   1 Mixed Use Multifamily/Retail
Loan   21 1458 Ocean Dr / 1437 Collins Ave 1.6%    AREF AREF $12,200,000 $12,200,000 $12,200,000 $974.52 Refinance Louis Taic Louis Taic   1 Retail Unanchored
Loan 5, 8 22 Eleven Seventeen Perimeter 1.6%    MSBNA MSMCH $12,000,000 $12,000,000 $12,000,000 $112.04 Refinance In Shik Hong In Shik Hong   1 Office Suburban
Loan   23 Bradenton Financial Center 1.5%    AREF AREF $11,212,500 $11,212,500 $11,212,500 $95.97 Acquisition Zusia Tenenbaum Zusia Tenenbaum   1 Office CBD
Loan   24 Niles Retail Center 1.5%    MSBNA MSMCH $11,000,000 $11,000,000 $11,000,000 $91.34 Refinance Andrew S. Hochberg; Larry J. Hochberg Larry J. Hochberg; Larry J. Hockberg Trust   1 Retail Anchored
Loan   25 Maplewood Apartments 1.4%    SMC SMC $10,800,000 $10,800,000 $10,294,058 $37,113.40 Acquisition Stephen F. Vazza Stephen F. Vazza   1 Multifamily Garden
Loan   26 Home2Suites - Menomonee Falls 1.4%    AREF AREF $10,640,000 $10,627,168 $8,762,872 $101,211.13 Refinance Bruce Kinseth; Ben Kinseth; Kraig Sadownikow; Scott Yauck Bruce Kinseth; Leslie Kinseth; Gary Kinseth; Linda Skinner; Benjamin Kinseth   1 Hospitality Limited Service
Loan   27 Cassens Business Center 1.4%    AREF AREF $10,537,000 $10,537,000 $8,498,141 $79.66 Acquisition Chaim Fromowitz Chaim Fromowitz   1 Industrial Warehouse
Loan 13, 22 28 La Privada Apartments 1.3%    AREF AREF $10,070,000 $10,070,000 $10,070,000 $41,958.33 Acquisition MogulREIT I, LLC; Jilliene Helman MogulREIT I, LLC; Jilliene Helman   1 Multifamily Garden
Loan 5 29 AC by Marriott San Jose 1.3%    CCRE CCRE $10,000,000 $10,000,000 $10,000,000 $285,714.29 Acquisition Allan V. Rose Allan V. Rose   1 Hospitality Select Service
Loan 7, 11 30 Brookwood Square 0.5%    AREF AREF $3,600,000 $3,600,000 $3,181,968 $312.77 Acquisition Harbour Realty Advisors, Inc. Harbour Realty Advisors, Inc.   1 Retail Shadow Anchored
Loan 7, 11 31 3901 Bolger Road 0.4%    AREF AREF $3,330,000 $3,330,000 $2,943,321 $312.77 Acquisition Harbour Realty Advisors, Inc. Harbour Realty Advisors, Inc.   1 Retail Shadow Anchored
Loan 7, 11 32 Michigan Road Shoppes 0.3%    AREF AREF $2,545,000 $2,545,000 $2,249,475 $312.77 Acquisition Harbour Realty Advisors, Inc. Harbour Realty Advisors, Inc.   1 Retail Shadow Anchored
Loan 6, 7 33 Brooklyn Multifamily Portfolio I 1.2%    CCRE CCRE $9,200,000 $9,200,000 $9,200,000 $187,755.10 Refinance Joel  Rubinfeld Joel Rubinfeld   4    
Property   33.01 2149 Cortelyou Rd. 0.5%    CCRE CCRE $3,851,500 $3,851,500 $3,851,500             Multifamily Low Rise
Property   33.02 210 Broadway 0.3%    CCRE CCRE $2,347,000 $2,347,000 $2,347,000             Mixed Use Multifamily/Retail
Property   33.03 1235 Halsey St. 0.2%    CCRE CCRE $1,675,500 $1,675,500 $1,675,500             Multifamily Low Rise
Property   33.04 1324 Hancock St. 0.2%    CCRE CCRE $1,326,000 $1,326,000 $1,326,000             Multifamily Low Rise
Loan 7, 12 34 Shoppes at Holly Springs 0.8%    MSBNA MSMCH $5,741,025 $5,741,025 $4,978,972 $110.04 Recapitalization Jonathan Gaines; Stanley Werb Stanley Werb; Jonathan Gaines   1 Retail Shadow Anchored
Loan 7, 12 35 Jefferson Square 0.5%    MSBNA MSMCH $3,450,000 $3,450,000 $2,992,054 $110.04 Recapitalization Jonathan Gaines; Stanley Werb Stanley Werb; Jonathan Gaines   1 Retail Shadow Anchored
Loan 23 36 Best Western Plus South Bay Hotel 1.2%    MSBNA MSMCH $9,000,000 $8,989,286 $7,429,002 $92,673.05 Refinance Yaping (Morgan) Wang Yaping Wang   1 Hospitality Limited Service
Loan   37 Lakecrest-Southpointe Portfolio 1.1%    AREF AREF $8,350,000 $8,350,000 $8,017,807 $69.22 Recapitalization Sebastian Barbagallo Sebastian Barbagallo   1 Office Suburban
Loan   38 Food Lion Mount Airy 1.1%    MSBNA MSMCH $8,000,000 $8,000,000 $8,000,000 $81.34 Refinance Fredric A. Tomarchio; Joseph Tomarchio, Jr. Fredric A. Tomarchio; Joseph Tomarchio, Jr.   1 Retail Anchored
Loan   39 Crossing Pointe Shoppes 1.1%    MSBNA MSMCH $7,913,750 $7,913,750 $7,913,750 $336.71 Acquisition Tiffany Earl Williams Tiffany Earl Williams   1 Retail Unanchored
Loan 24 40 Best Western Sanford Airport 0.9%    CCRE CCRE $6,900,000 $6,900,000 $5,253,533 $97,183.10 Refinance Ricky S. Kureti; Shiv K. Kureti Ricky S. Kureti; Shiv K. Kureti   1 Hospitality Limited Service
Loan   41 Sunnyside Retail Center 0.9%    CCRE CCRE $6,600,000 $6,600,000 $5,720,208 $70.63 Refinance Sanjiv Chopra Sanjiv Chopra   1 Retail Anchored
Loan   42 Greenwood Heights 0.9%    AREF AREF $6,500,000 $6,486,736 $5,443,278 $393.14 Refinance Thomas McCloskey; Alessandro Spagnolo Thomas McCloskey   1 Industrial Warehouse
Loan 9 43 Tatum Plaza 0.8%    SMC SMC $6,250,000 $6,250,000 $6,250,000 $212.15 Refinance A & C Tank Sales Company, Inc. A & C Tank Sales Company, Inc.   1 Retail Shadow Anchored
Loan 9 44 Tatum Ranch Crossing 0.8%    SMC SMC $6,250,000 $6,250,000 $6,250,000 $201.61 Refinance A & C Tank Sales Company, Inc. A & C Tank Sales Company, Inc.   1 Retail Shadow Anchored
Loan 9 45 Shadow Creek Marketplace 0.8%    SMC SMC $5,900,000 $5,900,000 $5,900,000 $208.27 Refinance A & C Tank Sales Company, Inc. A & C Tank Sales Company, Inc.   1 Retail Shadow Anchored
Loan   46 The Nash Building 0.7%    SMC SMC $5,400,000 $5,400,000 $4,746,937 $113.56 Acquisition Joel Schneider; David Kaufman; Justin H. Chernoff Joel Schneider; David Kaufman; Justin H. Chernoff   1 Mixed Use Office/Retail
Loan   47 3115 Fry Road 0.7%    MSBNA MSMCH $5,265,000 $5,265,000 $5,265,000 $65.24 Recapitalization John W. Able John W. Able   1 Industrial Flex/R&D
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area 0.6%    AREF AREF $4,500,000 $4,465,662 $3,459,923 $36,906.30 Refinance Mayank Keshavlal Patel; Niren R. Patel; Nimisha Mukesh Patel Mayank Keshavlal Patel; Niren R. Patel; Nimisha Mukesh Patel   1 Hospitality Full Service
Loan   49 102 Washington Place 0.5%    CCRE CCRE $4,100,000 $4,100,000 $4,100,000 $683,333.33 Recapitalization Robert Galpern; Tamara Zelcer Galpern Robert Galpern; Tamara Zelcer Galpern   1 Mixed Use Multifamily/Retail
Loan 7 50 Woodland Square Apartments 0.5%    CCRE CCRE $4,040,000 $4,040,000 $3,511,065 $56,111.11 Refinance Meshulam Martin Meshulam Martin   1 Multifamily Garden
Loan   51 Union Avenue 0.5%    MSBNA MSMCH $3,750,000 $3,750,000 $3,154,008 $35.52 Acquisition Joshua Michael Rosati; Benjamin Dolgin-Gardner; Pei Lan Sun Joshua Michael Rosati; Benjamin Dolgin-Gardner; Pei Lan Sun   1 Industrial Warehouse
Loan   52 Briarwood Apartments 0.5%    MSBNA MSMCH $3,550,000 $3,550,000 $3,550,000 $63,392.86 Refinance Stephen A. St. Germain Stephen A. St. Germain   1 Multifamily Garden
Loan   53 Greensburg Park Self Storage 0.4%    MSBNA MSMCH $2,900,000 $2,900,000 $2,418,918 $49.95 Refinance Jack D. Harpool; Elaine K. Harpool Jack D. Harpool; Elaine K. Harpool   1 Self Storage Self Storage

 

A-1-1

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Title Type Ground Lease
Initial Lease
Expiration Date
Hotel Franchise Agreement Expiration Date Address City County State Zip Code Year Built
Loan 5, 8 1 Grand Canal Shoppes Fee/Leasehold Venetian Hotel and Casino (5/14/2093); Palazzo Resort and Casino (2/28/2097); Walgreens (2/28/2064) N/A 3327 & 3377 Las Vegas Boulevard South Las Vegas Clark NV 89109 1999
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio                  
Property   2.01 The Springs Fee N/A N/A 5200 Ramon Road Palm Springs Riverside CA 92264 2008
Property   2.02 Summerwood Fee N/A N/A 4124-4267 Woodruff Avenue Lakewood Los Angeles CA 90713 1968
Property   2.03 Food 4 Less – Target Center Fee N/A N/A 6700, 6730 & 6750 Cherry Avenue Long Beach Los Angeles CA 90805 1993; 2007
Property   2.04 El Super Center Fee N/A N/A 1251-1289 North Hacienda Boulevard La Puente Los Angeles CA 91744 2012; 2014
Property   2.05 Island Plaza Fee N/A N/A 1512-1524 East Amar Road and 2500-2548 South Azusa Avenue West Covina Los Angeles CA 91792 1967; 1968; 1980; 1995
Property   2.06 Baldwin Park Promenade Fee N/A N/A 3111-3151 Baldwin Park Baldwin Park Los Angeles CA 91706 2006; 2007
Property   2.07 Lynwood Plaza Fee N/A N/A 10821 Long Beach Boulevard and 3157 Pluma Street Lynwood Los Angeles CA 90262 2003
Property   2.08 El Cajon (CVS) Fee N/A N/A 426-450 East Chase Avenue El Cajon San Diego CA 92020 2005
Property   2.09 Loma Vista Fee N/A N/A 16055-16075 Foothill Boulevard Fontana San Bernardino CA 92335 1990
Property   2.10 MLK Medical Fee N/A N/A 3820-3840 Martin Luther King Jr. Boulevard Lynwood Los Angeles CA 90262 1958
Property   2.11 Hawthorne Plaza Fee N/A N/A 14401-14441 Inglewood Avenue Hawthorne Los Angeles CA 90250 1978
Property   2.12 Five Points Plaza Fee N/A N/A 505-515 and 523-595 South Riverside Avenue Rialto San Bernardino CA 92376 1985-1986
Property   2.13 Towne Center Square Fee N/A N/A 11098 Foothill Boulevard Rancho Cucamonga San Bernardino CA 91730 1995
Property   2.14 Camarillo Fee N/A N/A 660 East Ventura Camarillo Ventura CA 93010 2014
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park Fee N/A 4/30/2034 267 Marietta Street Atlanta Fulton GA 30313 1999
Loan 5, 13 4 125 Borinquen Place Fee N/A N/A 125 Borinquen Place Brooklyn Kings NY 11211 2017-2018
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II                  
Property   5.01 Courtyard Horseheads Fee N/A 4/1/2036 202 Colonial Drive Horseheads Chemung NY 14845 2016
Property   5.02 Home2 Suites Oswego Fee N/A 10/31/2037 252 New York State Route 104 Oswego Oswego NY 13126 2017
Property   5.03 Holiday Inn & Suites Rochester Marketplace Leasehold 8/31/2050 12/21/2031 800 Jefferson Road Rochester Monroe NY 14623 1968
Property   5.04 Hampton Inn Corning Painted Post Fee N/A 11/30/2033 248 Town Center Road Painted Post Steuben  NY 14870 2014
Property   5.05 Home2 Suites Rochester Henrietta Leasehold 12/31/2051 2/28/2034 999 Jefferson Road Rochester Monroe NY 14623 2014
Property   5.06 Holiday Inn Express Olean Fee N/A 8/12/2030 101 Main Street Olean Cattaraugus NY 14760 1999
Property   5.07 Fairfield Inn Watertown Fee N/A 8/31/2034 250 Commerce Park Drive Watertown Jefferson NY 13601 2012
Property   5.08 Holiday Inn Express Canandaigua Fee N/A 1/25/2022 330 Eastern Boulevard & 4420 Routes 5 & 20 Canandaigua Ontario NY 14424 2012
Property   5.09 Candlewood Suites Watertown Fee N/A 6/30/2034 26513 Herrick Drive Evans Mills Jefferson NY 13637 2009
Property   5.10 Candlewood Suites Sayre Leasehold 12/2/2041 12/28/2021 2775 Elmira Street Sayre Bradford PA 18840 2014
Loan 17 6 617-625 West 46th Street Fee N/A N/A 617-625 West 46th Street New York New York NY 10036 2006/2018
Loan 5, 13 7 Tower 28 Fee N/A N/A 42-12 28th Street Long Island City Queens NY 11101 2018
Loan 13 8 North Carolina Technical Park Fee N/A N/A 1101 Hamlin Road Durham Durham NC 27704 1984; 1996
Loan   9 Brotman Physicians Plaza Fee N/A N/A 9808 Venice Boulevard Culver City Los Angeles CA 90232 1964
Loan   10 Wheatland Towne Crossing Fee N/A N/A 2525 West Wheatland Road Dallas Dallas TX 75237 2012
Loan 6 11 West Palm Beach Industrial                  
Property   11.01 West Palm Beach Fee N/A N/A 1510, 1520, 1530, 1540, 1550, 1560, 1650, 1700 & 1750 Latham Road, 1655, 1705 & 1721 Donna Road, 1817, 1841, 1861 & 1883 Church Street, 2758 Old Okeechobee Road West Palm Beach Palm Beach FL 33409 1965/1972/1974/1987
Property   11.02 Dania Beach Fee N/A N/A 11 SW 12th Avenue Dania Beach Broward FL 33004 2005
Loan 5, 18 12 FedEx Niles Fee N/A N/A 5959 West Howard Street Niles Cook IL 60714 2015
Loan 19 13 DoubleTree Princeton Fee N/A 6/30/2034 4355 US Route 1 Princeton Middlesex NJ 08540 1983
Loan 20 14 Marriott Metairie at Lakeway Fee N/A 5/22/2039 3838 North Causeway Boulevard Metairie Jefferson Parish LA 70002 1987
Loan 6, 7 15 UES Multi Portfolio                  
Property   15.01 1494 2nd Avenue Fee N/A N/A 1494 2nd Avenue New York New York NY 10075 1910
Property   15.02 1496 2nd Avenue Fee N/A N/A 1496 2nd Avenue New York New York NY 10075 1910
Property   15.03 304 East 78th Street Fee N/A N/A 304 East 78th Street New York New York NY 10075 1910
Loan   16 Courtyard Plaza Fee N/A N/A 155 Interstate Highway 35 South New Braunfels Comal TX 78130 1981
Loan 21 17 3 Independence Way Fee N/A N/A 3 Independence Way Princeton Middlesex NJ 08540 1983
Loan 5 18 Legacy Tower Fee N/A N/A 1 Bausch & Lomb Place Rochester Monroe NY 14604 1995
Loan 5 19 3 Columbus Circle Fee N/A N/A 3 Columbus Circle New York New York NY 10019 1927
Loan 13 20 The View Apartments Fee N/A N/A 224 Richmond Terrrace Staten Island Richmond NY 10301 2012
Loan   21 1458 Ocean Dr / 1437 Collins Ave Fee N/A N/A 1458 Ocean Drive & 1437 Collins Avenue Miami Beach Miami-Dade FL 33139 2006
Loan 5, 8 22 Eleven Seventeen Perimeter Fee N/A N/A 1117 Perimeter Center West Atlanta Fulton GA 30338 1985
Loan   23 Bradenton Financial Center Fee N/A N/A 1401 West Manatee Avenue Bradenton Manatee FL 34205 1986
Loan   24 Niles Retail Center Fee N/A N/A 7201, 7203-7233, 7237 & 7245 West Dempster Street Niles Cook IL 60714 1960
Loan   25 Maplewood Apartments Fee N/A N/A 4860 Fegenbush Lane Louisville Jefferson KY 40228 1969-1974
Loan   26 Home2Suites - Menomonee Falls Fee N/A 4/30/2038 N91 W15851 Falls Parkway Menomonee Falls Waukesha WI 53051 2017
Loan   27 Cassens Business Center Fee N/A N/A 2391 Cassens Drive Fenton St. Louis MO 63026 1976
Loan 13, 22 28 La Privada Apartments Fee N/A N/A 9030 Betel Drive El Paso El Paso TX 79907 1982
Loan 5 29 AC by Marriott San Jose Fee N/A 1/31/2047 350 West Santa Clara Street San Jose Santa Clara CA 95113 2016
Loan 7, 11 30 Brookwood Square Fee N/A N/A 3999 Austell Road Austell Cobb GA 30106 2014
Loan 7, 11 31 3901 Bolger Road Fee N/A N/A 3901 Bolger Road Independence Jackson MO 64055 2018
Loan 7, 11 32 Michigan Road Shoppes Fee N/A N/A 8760 Michigan Road Indianapolis Marion IN 46268 2006
Loan 6, 7 33 Brooklyn Multifamily Portfolio I                  
Property   33.01 2149 Cortelyou Rd. Fee N/A N/A 2149 Cortelyou Road Brooklyn Kings NY 11226 1925
Property   33.02 210 Broadway Fee N/A N/A 210 Broadway Brooklyn Kings NY 11211 1910
Property   33.03 1235 Halsey St. Fee N/A N/A 1235 Halsey Street Brooklyn Kings NY 11237 1910
Property   33.04 1324 Hancock St. Fee N/A N/A 1324 Hancock Street Brooklyn Kings NY 11237 1909
Loan 7, 12 34 Shoppes at Holly Springs Fee N/A N/A 7204 GB Alford Highway Holly Springs Wake NC 27540 2007
Loan 7, 12 35 Jefferson Square Fee N/A N/A 250 Piercy Drive Lewisburg Greenbrier WV 24901 2000
Loan 23 36 Best Western Plus South Bay Hotel Fee N/A 11/30/2019 15000 Hawthorne Boulevard Lawndale Los Angeles CA 90260 1983
Loan   37 Lakecrest-Southpointe Portfolio Fee N/A N/A 3710 Corporex Park Drive; 5650 Breckenridge Park Drive Tampa Hillsborough FL 33619; 33610 1988; 1985
Loan   38 Food Lion Mount Airy Fee N/A N/A 1312 South Main Street Mount Airy Frederick MD 21771 1962; 1984
Loan   39 Crossing Pointe Shoppes Fee N/A N/A 4025 East 82nd Street Indianapolis Marion IN 46250 2017
Loan 24 40 Best Western Sanford Airport Fee N/A 7/16/2021 3401 South Orlando Drive Sanford Seminole FL 32773 1999
Loan   41 Sunnyside Retail Center Fee N/A N/A 2600 E Yakima Valley Highway Sunnyside Yakima WA 98944 1993
Loan   42 Greenwood Heights Fee N/A N/A 413 and 421 20th Street Brooklyn Kings NY 11215 1931
Loan 9 43 Tatum Plaza Fee N/A N/A 29455 North Cave Creek Road Cave Creek Maricopa AZ 85331 2007
Loan 9 44 Tatum Ranch Crossing Fee N/A N/A 29822 & 29834 North Cave Creek Road; 29815 & 29855 North Tatum Boulevard Cave Creek Maricopa AZ 85331 2000
Loan 9 45 Shadow Creek Marketplace Fee N/A N/A 2225 - 2445 East Centennial Parkway Las Vegas Clark NV 89081 2006
Loan   46 The Nash Building Fee N/A N/A 614 West 4th Street Winston-Salem Forsyth NC 27101 1928; 1940
Loan   47 3115 Fry Road Fee N/A N/A 3115 Fry Road Katy Harris TX 77449 2005
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area Fee N/A 6/30/2038 5206 State Highway 23 Oneonta Otsego NY 13820 1973
Loan   49 102 Washington Place Fee/Leasehold N/A N/A 361 Sixth Avenue New York New York NY 10014 1910
Loan 7 50 Woodland Square Apartments Fee N/A N/A 92 Starlite Lane Pontiac Oakland MI 48340 1971
Loan   51 Union Avenue Fee N/A N/A 1770-1780 Union Avenue Baltimore Baltimore city MD 21211 1960
Loan   52 Briarwood Apartments Fee N/A N/A 277 Brick Top Road Windham Windham CT 06280 1974
Loan   53 Greensburg Park Self Storage Fee N/A N/A 2350 Greensburg Road North Canton Summit OH 44720 2003; 2005; 2014

 

A-1-2

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Year Renovated Size Units of
Measure
Occupancy Rate(2) Occupancy Rate
As-of Date
Appraised
Value
Appraised Value
As-of Date
  Mortgage
Rate
Administrative
Fee Rate(3)
Master Servicing
Fee Rate
Primary Servicing
Fee Rate
Pari Passu
Loan Primary Servicing
Fee Rate
Trustee
Fee Rate
Trust Advisor
Fee Rate
Asset Representations Reviewer Fee Rate CREFC
Fee Rate
Interest
Accrual  
Basis
Seasoning
(mos.)
ARD
(Yes/No)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
Original
Interest-Only
Period (mos.)
Remaining
Interest-Only
Period (mos.)
Original
Amortization
Term (mos.)
Remaining
Amortization
Term (mos.)
Loan 5, 8 1 Grand Canal Shoppes 2007 759,891 SF 94.0% 5/31/2019 $1,640,000,000 4/3/2019   3.7408% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio   1,481,231 SF 99.0%   $413,250,000     4.0590% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 120 118 0 0
Property   2.01 The Springs 2015 397,718 SF 98.4% 3/1/2019 $87,000,000 3/1/2019                                      
Property   2.02 Summerwood 2011 178,770 SF 100.0% 3/1/2019 $58,000,000 3/1/2019                                      
Property   2.03 Food 4 Less – Target Center N/A 196,436 SF 100.0% 3/1/2019 $45,000,000 3/1/2019                                      
Property   2.04 El Super Center N/A 117,230 SF 100.0% 3/1/2019 $40,000,000 3/1/2019                                      
Property   2.05 Island Plaza N/A 77,772 SF 100.0% 3/1/2019 $30,500,000 3/1/2019                                      
Property   2.06 Baldwin Park Promenade N/A 49,906 SF 100.0% 3/1/2019 $23,700,000 3/1/2019                                      
Property   2.07 Lynwood Plaza N/A 75,245 SF 96.0% 3/1/2019 $23,500,000 3/1/2019                                      
Property   2.08 El Cajon (CVS) N/A 29,986 SF 100.0% 3/1/2019 $15,500,000 3/1/2019                                      
Property   2.09 Loma Vista N/A 97,547 SF 99.2% 3/1/2019 $17,000,000 3/1/2019                                      
Property   2.10 MLK Medical 2005 32,500 SF 100.0% 3/1/2019 $15,200,000 3/1/2019                                      
Property   2.11 Hawthorne Plaza N/A 70,750 SF 100.0% 3/1/2019 $17,500,000 3/1/2019                                      
Property   2.12 Five Points Plaza N/A 89,537 SF 95.6% 3/1/2019 $17,100,000 3/1/2019                                      
Property   2.13 Towne Center Square N/A 57,510 SF 100.0% 3/1/2019 $14,600,000 3/1/2019                                      
Property   2.14 Camarillo N/A 10,324 SF 100.0% 3/1/2019 $8,650,000 3/1/2019                                      
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park 2017 321 Rooms 84.2% 5/1/2019 $122,000,000 5/7/2019   4.5900% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 0 0 360 360
Loan 5, 13 4 125 Borinquen Place N/A 125 Units 80.0% 5/9/2019 $95,600,000 5/2/2019   3.9000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II   955 Rooms 64.1%   $105,000,000     4.5500% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 0 0 360 360
Property   5.01 Courtyard Horseheads N/A 98 Rooms 55.7% 3/31/2019 $15,500,000 5/1/2019                                      
Property   5.02 Home2 Suites Oswego N/A 89 Rooms 61.5% 3/31/2019 $12,500,000 5/1/2019                                      
Property   5.03 Holiday Inn & Suites Rochester Marketplace 2019 120 Rooms 62.2% 3/31/2019 $12,000,000 5/1/2019                                      
Property   5.04 Hampton Inn Corning Painted Post N/A 98 Rooms 49.7% 3/31/2019 $11,000,000 5/1/2019                                      
Property   5.05 Home2 Suites Rochester Henrietta N/A 89 Rooms 78.3% 3/31/2019 $10,000,000 5/1/2019                                      
Property   5.06 Holiday Inn Express Olean 2016 76 Rooms 68.5% 3/31/2019 $10,500,000 5/1/2019                                      
Property   5.07 Fairfield Inn Watertown N/A 103 Rooms 65.7% 3/31/2019 $8,100,000 5/1/2019                                      
Property   5.08 Holiday Inn Express Canandaigua N/A 75 Rooms 61.8% 3/31/2019 $7,800,000 5/1/2019                                      
Property   5.09 Candlewood Suites Watertown N/A 112 Rooms 68.9% 3/31/2019 $7,500,000 5/1/2019                                      
Property   5.10 Candlewood Suites Sayre N/A 95 Rooms 69.5% 3/31/2019 $4,800,000 5/1/2019                                      
Loan 17 6 617-625 West 46th Street N/A 49,500 SF 91.9% 5/23/2019 $44,350,000 4/18/2019   4.8200% 0.03722% 0.00250% 0.02250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan 5, 13 7 Tower 28 N/A 450 Units 93.6% 2/25/2019 $335,000,000 1/10/2019   3.7842% 0.01722% 0.00250% 0.00000% 0.00250% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 3 No 120 117 36 33 360 360
Loan 13 8 North Carolina Technical Park 2017 272,150 SF 87.3% 6/7/2019 $37,880,000 5/29/2019   4.5000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 0 0 360 360
Loan   9 Brotman Physicians Plaza 2007 48,505 SF 96.5% 5/14/2019 $41,500,000 5/15/2019   3.9050% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan   10 Wheatland Towne Crossing 2013 206,874 SF 95.6% 4/23/2019 $35,000,000 4/19/2019   4.0350% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan 6 11 West Palm Beach Industrial   211,049 SF 91.0%   $32,000,000     3.7700% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Property   11.01 West Palm Beach N/A 198,389 SF 90.4% 6/1/2019 $29,800,000 5/1/2019                                      
Property   11.02 Dania Beach 2017-2018 12,660 SF 100.0% 6/1/2019 $2,200,000 5/1/2019                                      
Loan 5, 18 12 FedEx Niles N/A 314,202 SF 100.0% 7/1/2019 $85,000,000 3/21/2019   4.2320% 0.01722% 0.00250% 0.00000% 0.00250% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 Yes 120 119 120 119 0 0
Loan 19 13 DoubleTree Princeton 2016 238 Rooms 67.5% 5/31/2019 $23,100,000 6/1/2020   4.7600% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 0 0 360 360
Loan 20 14 Marriott Metairie at Lakeway 2015 220 Rooms 78.5% 3/31/2019 $24,800,000 3/12/2019   4.5500% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 36 35 360 360
Loan 6, 7 15 UES Multi Portfolio   20,703 SF 100.0%   $24,000,000     4.4500% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Property   15.01 1494 2nd Avenue 1985 7,150 SF 100.0% 6/14/2019 $9,800,000 5/15/2019                                      
Property   15.02 1496 2nd Avenue 1988 7,908 SF 100.0% 6/14/2019 $8,700,000 5/15/2019                                      
Property   15.03 304 East 78th Street N/A 5,645 SF 100.0% 6/14/2019 $5,500,000 5/15/2019                                      
Loan   16 Courtyard Plaza N/A 193,430 SF 92.0% 3/7/2019 $24,000,000 3/13/2019   4.6700% 0.05472% 0.00250% 0.04000% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 36 36 360 360
Loan 21 17 3 Independence Way 2018 114,004 SF 90.4% 4/5/2019 $22,900,000 12/31/2018   4.7800% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 0 0 360 358
Loan 5 18 Legacy Tower N/A 332,650 SF 91.3% 5/3/2019 $34,700,000 3/8/2019   4.9900% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 60 60 360 360
Loan 5 19 3 Columbus Circle 2010-2013 753,713 SF 97.2% 1/1/2019 $1,080,000,000 1/1/2019   3.9140% 0.01722% 0.00250% 0.00000% 0.00250% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 4 No 120 116 120 116 0 0
Loan 13 20 The View Apartments N/A 41,319 SF 100.0% 5/9/2019 $20,500,000 4/26/2019   5.2900% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan   21 1458 Ocean Dr / 1437 Collins Ave N/A 12,519 SF 100.0% 6/5/2019 $19,000,000 12/22/2018   5.6500% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan 5, 8 22 Eleven Seventeen Perimeter 2004 392,726 SF 85.4% 5/1/2019 $66,900,000 4/23/2019   4.1800% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan   23 Bradenton Financial Center N/A 116,839 SF 91.2% 5/1/2019 $15,100,000 5/6/2019   5.1400% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 60 60 60 60 0 0
Loan   24 Niles Retail Center 1991 120,424 SF 98.8% 3/1/2019 $18,100,000 3/13/2019   4.1880% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan   25 Maplewood Apartments N/A 291 Units 95.5% 6/3/2019 $16,400,000 5/1/2019   4.5400% 0.05722% 0.00250% 0.04250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 60 59 24 23 360 360
Loan   26 Home2Suites - Menomonee Falls N/A 105 Rooms 78.4% 4/30/2019 $15,200,000 4/3/2019   4.9800% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 0 0 360 359
Loan   27 Cassens Business Center 2017 132,279 SF 100.0% 5/13/2019 $14,090,000 4/25/2019   4.3500% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 0 0 360 360
Loan 13, 22 28 La Privada Apartments N/A 240 Units 93.3% 4/30/2019 $14,400,000 5/1/2020   4.8900% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan 5 29 AC by Marriott San Jose N/A 210 Rooms 80.7% 2/28/2019 $100,500,000 3/1/2019   4.9300% 0.03597% 0.00250% 0.00000% 0.02125% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 3 No 120 117 120 117 0 0
Loan 7, 11 30 Brookwood Square N/A 13,580 SF 100.0% 4/30/2019 $5,050,000 2/15/2019   5.8000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 24 22 360 360
Loan 7, 11 31 3901 Bolger Road N/A 8,400 SF 100.0% 4/30/2019 $4,650,000 2/28/2019   5.8000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 24 22 360 360
Loan 7, 11 32 Michigan Road Shoppes N/A 8,314 SF 100.0% 4/30/2019 $3,560,000 2/10/2019   5.8000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 24 22 360 360
Loan 6, 7 33 Brooklyn Multifamily Portfolio I   49 Units 95.9%   $14,800,000     5.1000% 0.03722% 0.00250% 0.02250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Property   33.01 2149 Cortelyou Rd. N/A 31 Units 93.5% 5/16/2019 $6,400,000 3/18/2019                                      
Property   33.02 210 Broadway N/A 4 Units 100.0% 5/16/2019 $3,700,000 3/14/2019                                      
Property   33.03 1235 Halsey St. N/A 8 Units 100.0% 5/16/2019 $2,500,000 3/18/2019                                      
Property   33.04 1324 Hancock St. N/A 6 Units 100.0% 5/16/2019 $2,200,000 3/18/2019                                      
Loan 7, 12 34 Shoppes at Holly Springs N/A 43,617 SF 84.8% 3/5/2019 $7,950,000 4/9/2019   4.0200% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 36 35 360 360
Loan 7, 12 35 Jefferson Square N/A 39,906 SF 89.5% 3/1/2019 $4,600,000 4/10/2019   4.0200% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 36 35 360 360
Loan 23 36 Best Western Plus South Bay Hotel 2018 97 Rooms 84.0% 4/30/2019 $15,800,000 3/22/2019   5.0500% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 0 0 360 359
Loan   37 Lakecrest-Southpointe Portfolio 2007 120,627 SF 72.3% 4/30/2019 $14,500,000 3/27/2019   5.4000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 60 59 24 23 360 360
Loan   38 Food Lion Mount Airy 2008 98,354 SF 100.0% 5/28/2019 $14,000,000 4/2/2019   4.1200% 0.07472% 0.00250% 0.06000% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan   39 Crossing Pointe Shoppes N/A 23,503 SF 100.0% 5/8/2019 $12,200,000 4/10/2019   4.6400% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan 24 40 Best Western Sanford Airport 2018 71 Rooms 83.6% 2/28/2019 $11,000,000 3/1/2019   5.4000% 0.03722% 0.00250% 0.02250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 0 0 300 300
Loan   41 Sunnyside Retail Center 2018 93,449 SF 100.0% 5/17/2019 $9,850,000 2/22/2019   4.9900% 0.03722% 0.00250% 0.02250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 24 23 360 360
Loan   42 Greenwood Heights 2018 16,500 SF 100.0% 4/25/2019 $10,500,000 3/26/2019   5.5000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 0 0 360 358
Loan 9 43 Tatum Plaza N/A 29,460 SF 91.9% 6/4/2019 $10,200,000 5/12/2019   4.0780% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan 9 44 Tatum Ranch Crossing N/A 31,001 SF 88.0% 6/4/2019 $10,020,000 5/12/2019   4.0780% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan 9 45 Shadow Creek Marketplace N/A 28,329 SF 89.5% 6/4/2019 $9,500,000 5/17/2019   4.0780% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 0 No 120 120 120 120 0 0
Loan   46 The Nash Building 2016-2017 47,551 SF 100.0% 5/1/2019 $7,850,000 4/29/2019   4.6000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 36 35 360 360
Loan   47 3115 Fry Road 2019 80,707 SF 100.0% 4/8/2019 $8,100,000 3/18/2019   4.5200% 0.06722% 0.00250% 0.05250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 2 No 120 118 120 118 0 0
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area 2016-2018 121 Rooms 59.7% 11/30/2018 $7,000,000 12/12/2018   5.7000% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 5 No 120 115 0 0 300 295
Loan   49 102 Washington Place 1953 6 Units 100.0% 5/16/2019 $8,500,000 1/22/2019   4.7800% 0.03722% 0.00250% 0.02250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan 7 50 Woodland Square Apartments N/A 72 Units 97.2% 2/26/2019 $5,390,000 3/19/2019   5.1000% 0.03722% 0.00250% 0.02250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 24 23 360 360
Loan   51 Union Avenue N/A 105,577 SF 97.2% 5/29/2019 $5,100,000 4/5/2019   4.8000% 0.09472% 0.00250% 0.08000% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 12 11 360 360
Loan   52 Briarwood Apartments 2002 56 Units 100.0% 4/1/2019 $5,600,000 4/5/2019   4.3100% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 120 119 0 0
Loan   53 Greensburg Park Self Storage N/A 58,062 SF 90.9% 4/17/2019 $4,850,000 4/4/2019   4.5200% 0.01722% 0.00250% 0.00250% 0.00000% 0.00938% 0.00200% 0.00034% 0.00050% Actual/360 1 No 120 119 12 11 360 360

 

A-1-3

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Note Date First
Payment
Date
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Final Maturity
Date
Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)
Annual Debt
Service
(P&I)
Annual Debt
Service
(IO)
Lockbox Type Cash Management Status Crossed With
Other Loans
Related-Borrower Loans UW NOI
DSCR (P&I)
UW NOI
DSCR (IO)
UW NCF
DSCR (P&I)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio
Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)
Loan 5, 8 1 Grand Canal Shoppes 6/3/2019 8/1/2019 N/A 7/1/2029 N/A $0.00 $221,244.07 $0.00 $2,654,928.84 Hard Springing No N/A N/A 2.53x N/A 2.46x 46.3% 46.3% 5
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio 4/25/2019 6/6/2019 N/A 5/6/2029 N/A $0.00 $205,768.75 $0.00 $2,469,225.00 Hard Springing No N/A N/A 2.40x N/A 2.28x 52.0% 52.0% 0
Property   2.01 The Springs                                        
Property   2.02 Summerwood                                        
Property   2.03 Food 4 Less – Target Center                                        
Property   2.04 El Super Center                                        
Property   2.05 Island Plaza                                        
Property   2.06 Baldwin Park Promenade                                        
Property   2.07 Lynwood Plaza                                        
Property   2.08 El Cajon (CVS)                                        
Property   2.09 Loma Vista                                        
Property   2.10 MLK Medical                                        
Property   2.11 Hawthorne Plaza                                        
Property   2.12 Five Points Plaza                                        
Property   2.13 Towne Center Square                                        
Property   2.14 Camarillo                                        
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park 6/7/2019 8/6/2019 N/A 7/6/2029 N/A $230,421.11 $0.00 $2,765,053.32 $0.00 Hard Springing No N/A 1.90x N/A 1.72x N/A 68.4% 55.7% 0
Loan 5, 13 4 125 Borinquen Place 5/31/2019 7/6/2019 N/A 6/6/2029 N/A $0.00 $115,329.86 $0.00 $1,383,958.33 N/A N/A No N/A N/A 2.02x N/A 2.00x 54.4% 54.4% 0
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II 6/11/2019 8/6/2019 N/A 7/6/2029 N/A $145,253.25 $0.00 $1,743,039.00 $0.00 Springing Springing No N/A 2.33x N/A 2.08x N/A 59.2% 48.1% 0
Property   5.01 Courtyard Horseheads                                        
Property   5.02 Home2 Suites Oswego                                        
Property   5.03 Holiday Inn & Suites Rochester Marketplace                                        
Property   5.04 Hampton Inn Corning Painted Post                                        
Property   5.05 Home2 Suites Rochester Henrietta                                        
Property   5.06 Holiday Inn Express Olean                                        
Property   5.07 Fairfield Inn Watertown                                        
Property   5.08 Holiday Inn Express Canandaigua                                        
Property   5.09 Candlewood Suites Watertown                                        
Property   5.10 Candlewood Suites Sayre                                        
Loan 17 6 617-625 West 46th Street 6/18/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $114,028.70 $0.00 $1,368,344.40 Soft Springing No N/A N/A 1.67x N/A 1.63x 63.1% 63.1% 0
Loan 5, 13 7 Tower 28 3/11/2019 5/1/2019 5/1/2022 4/1/2029 N/A $120,915.18 $83,129.76 $1,450,982.16 $997,557.12 Hard In Place No N/A 2.33x 3.39x 2.31x 3.36x 33.4% 28.8% 0
Loan 13 8 North Carolina Technical Park 6/25/2019 8/6/2019 N/A 7/6/2029 N/A $129,204.75 $0.00 $1,550,457.00 $0.00 Hard Springing No N/A 1.49x N/A 1.32x N/A 67.3% 54.6% 0
Loan   9 Brotman Physicians Plaza 6/10/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $76,710.20 $0.00 $920,522.40 Soft Springing No N/A N/A 2.31x N/A 2.23x 56.0% 56.0% 0
Loan   10 Wheatland Towne Crossing 5/10/2019 7/1/2019 N/A 6/1/2029 N/A $0.00 $72,445.53 $0.00 $869,346.36 Springing Springing No N/A N/A 3.12x N/A 2.97x 60.7% 60.7% 0
Loan 6 11 West Palm Beach Industrial 6/7/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $63,706.02 $0.00 $764,472.22 Springing Springing No N/A N/A 3.05x N/A 3.00x 62.5% 62.5% 0
Property   11.01 West Palm Beach                                        
Property   11.02 Dania Beach                                        
Loan 5, 18 12 FedEx Niles 5/3/2019 7/1/2019 N/A 6/1/2029 5/1/2030 $0.00 $58,998.19 $0.00 $707,978.28 Hard Springing No N/A N/A 2.19x N/A 2.14x 54.7% 54.7% 0
Loan 19 13 DoubleTree Princeton 6/17/2019 8/6/2019 N/A 7/6/2029 N/A $84,082.29 $0.00 $1,008,987.48 $0.00 Springing Springing No N/A 2.11x N/A 1.78x N/A 69.7% 57.0% 0
Loan 20 14 Marriott Metairie at Lakeway 5/22/2019 7/1/2019 7/1/2022 6/1/2029 N/A $81,545.68 $61,509.26 $978,548.16 $738,111.12 Springing Springing No N/A 2.55x 3.39x 2.09x 2.77x 64.5% 56.6% 0
Loan 6, 7 15 UES Multi Portfolio 6/24/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $59,781.42 $0.00 $717,377.04 Soft Springing No N/A N/A 1.39x N/A 1.38x 66.3% 66.3% 0
Property   15.01 1494 2nd Avenue                                        
Property   15.02 1496 2nd Avenue                                        
Property   15.03 304 East 78th Street                                        
Loan   16 Courtyard Plaza 6/27/2019 8/6/2019 8/6/2022 7/6/2029 N/A $79,592.77 $60,764.05 $955,113.24 $729,168.60 Springing Springing No No 1.77x 2.32x 1.61x 2.10x 64.2% 56.5% 0
Loan 21 17 3 Independence Way 4/22/2019 6/6/2019 N/A 5/6/2029 N/A $78,518.57 $0.00 $942,222.84 $0.00 Hard In Place No N/A 1.58x N/A 1.50x N/A 65.3% 53.6% 0
Loan 5 18 Legacy Tower 6/5/2019 8/5/2019 8/5/2024 7/1/2029 N/A $72,388.44 $56,917.19 $868,661.28 $683,006.28 Springing Springing No N/A 1.90x 2.41x 1.44x 1.83x 63.4% 58.6% 0
Loan 5 19 3 Columbus Circle 3/12/2019 4/11/2019 N/A 3/11/2029 N/A $0.00 $41,337.09 $0.00 $496,045.08 Hard In Place No N/A N/A 3.11x N/A 2.91x 45.4% 45.4% 0
Loan 13 20 The View Apartments 6/3/2019 7/6/2019 N/A 6/6/2029 N/A $0.00 $54,528.63 $0.00 $654,343.56 Soft Springing No N/A N/A 1.48x N/A 1.46x 59.5% 59.5% 0
Loan   21 1458 Ocean Dr / 1437 Collins Ave 6/24/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $58,239.47 $0.00 $698,873.64 Hard Springing No N/A N/A 1.41x N/A 1.36x 64.2% 64.2% 0
Loan 5, 8 22 Eleven Seventeen Perimeter 6/3/2019 8/1/2019 N/A 7/1/2029 N/A $0.00 $42,380.56 $0.00 $508,566.72 Springing Springing No N/A N/A 2.67x N/A 2.45x 65.8% 65.8% 0
Loan   23 Bradenton Financial Center 6/7/2019 8/6/2019 N/A 7/6/2024 N/A $0.00 $48,693.91 $0.00 $584,326.92 Hard Springing No N/A N/A 1.96x N/A 1.96x 74.3% 74.3% 0
Loan   24 Niles Retail Center 5/9/2019 7/1/2019 N/A 6/1/2029 N/A $0.00 $38,923.19 $0.00 $467,078.28 Springing Springing No N/A N/A 2.94x N/A 2.68x 60.8% 60.8% 5
Loan   25 Maplewood Apartments 6/5/2019 7/6/2019 7/6/2021 6/6/2024 N/A $54,979.00 $41,427.50 $659,748.00 $497,130.00 Springing Springing No N/A 1.75x 2.32x 1.62x 2.16x 65.9% 62.8% 0
Loan   26 Home2Suites - Menomonee Falls 5/22/2019 7/6/2019 N/A 6/6/2029 N/A $56,987.84 $0.00 $683,854.08 $0.00 Springing Springing No N/A 1.95x N/A 1.76x N/A 69.9% 57.7% 0
Loan   27 Cassens Business Center 6/11/2019 8/6/2019 N/A 7/6/2029 N/A $52,454.43 $0.00 $629,453.16 $0.00 Hard Springing No N/A 1.57x N/A 1.49x N/A 74.8% 60.3% 0
Loan 13, 22 28 La Privada Apartments 5/31/2019 7/6/2019 N/A 6/6/2029 N/A $0.00 $41,605.18 $0.00 $499,262.16 Soft Springing No N/A N/A 1.79x N/A 1.79x 69.9% 69.9% 0
Loan 5 29 AC by Marriott San Jose 3/27/2019 5/1/2019 N/A 4/1/2029 N/A $0.00 $41,653.94 $0.00 $499,847.28 Hard Springing No N/A N/A 2.28x N/A 2.05x 59.7% 59.7% 10 (4 times during the term of the loan)
Loan 7, 11 30 Brookwood Square 4/30/2019 6/6/2019 6/6/2021 5/6/2029 N/A $21,123.11 $17,641.67 $253,477.32 $211,700.04 Hard Springing Yes Group B 1.33x 1.60x 1.29x 1.54x 71.5% 63.2% 0
Loan 7, 11 31 3901 Bolger Road 4/30/2019 6/6/2019 6/6/2021 5/6/2029 N/A $19,538.88 $16,318.54 $234,466.56 $195,822.48 Hard Springing Yes Group B 1.33x 1.60x 1.29x 1.54x 71.5% 63.2% 0
Loan 7, 11 32 Michigan Road Shoppes 4/30/2019 6/6/2019 6/6/2021 5/6/2029 N/A $14,932.86 $12,471.68 $179,194.32 $149,660.16 Hard Springing Yes Group B 1.33x 1.60x 1.29x 1.54x 71.5% 63.2% 0
Loan 6, 7 33 Brooklyn Multifamily Portfolio I 5/24/2019 7/6/2019 N/A 6/6/2029 N/A $0.00 $39,643.06 $0.00 $475,716.72 Springing Springing No N/A N/A 1.45x N/A 1.44x 62.2% 62.2% 4 (2 times during the term of the loan)
Property   33.01 2149 Cortelyou Rd.                                        
Property   33.02 210 Broadway                                        
Property   33.03 1235 Halsey St.                                        
Property   33.04 1324 Hancock St.                                        
Loan 7, 12 34 Shoppes at Holly Springs 5/17/2019 7/1/2019 7/1/2022 6/1/2029 N/A $27,474.77 $19,499.55 $329,697.24 $233,994.60 Springing Springing Yes Group C 2.06x 2.90x 1.91x 2.70x 73.2% 63.5% 5
Loan 7, 12 35 Jefferson Square 5/17/2019 7/1/2019 7/1/2022 6/1/2029 N/A $16,510.63 $11,718.02 $198,127.56 $140,616.24 Springing Springing Yes Group C 2.06x 2.90x 1.91x 2.70x 73.2% 63.5% 5
Loan 23 36 Best Western Plus South Bay Hotel 5/22/2019 7/1/2019 N/A 6/1/2029 N/A $48,589.34 $0.00 $583,072.08 $0.00 Springing Springing No N/A 1.98x N/A 1.76x N/A 56.9% 47.0% 5
Loan   37 Lakecrest-Southpointe Portfolio 5/17/2019 7/6/2019 7/6/2021 6/6/2024 N/A $46,887.82 $38,096.88 $562,653.84 $457,162.56 Springing Springing No N/A 1.77x 2.18x 1.67x 2.06x 57.6% 55.3% 0
Loan   38 Food Lion Mount Airy 5/30/2019 7/1/2019 N/A 6/1/2029 N/A $0.00 $27,848.15 $0.00 $334,177.80 Springing Springing No N/A N/A 3.13x N/A 2.84x 57.1% 57.1% 5
Loan   39 Crossing Pointe Shoppes 6/14/2019 8/1/2019 N/A 7/1/2029 N/A $0.00 $31,024.83 $0.00 $372,297.96 Springing Springing No N/A N/A 2.03x N/A 1.92x 64.9% 64.9% 0
Loan 24 40 Best Western Sanford Airport 6/13/2019 8/1/2019 N/A 7/1/2029 N/A $41,960.96 $0.00 $503,531.52 $0.00 Hard Springing No N/A 1.91x N/A 1.71x N/A 62.7% 47.8% 0
Loan   41 Sunnyside Retail Center 6/5/2019 7/6/2019 7/6/2021 6/6/2029 N/A $35,389.90 $27,826.18 $424,678.80 $333,914.16 Springing Springing No N/A 1.48x 1.89x 1.34x 1.71x 67.0% 58.1% 0
Loan   42 Greenwood Heights 5/1/2019 6/6/2019 N/A 5/6/2029 N/A $36,906.29 $0.00 $442,875.48 $0.00 Hard Springing No No 1.26x N/A 1.24x N/A 61.8% 51.8% 0
Loan 9 43 Tatum Plaza 6/10/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $21,534.58 $0.00 $258,414.93 Springing Springing No Group A N/A 2.62x N/A 2.49x 61.3% 61.3% 0
Loan 9 44 Tatum Ranch Crossing 6/10/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $21,534.58 $0.00 $258,414.93 Springing Springing No Group A N/A 2.62x N/A 2.47x 62.4% 62.4% 0
Loan 9 45 Shadow Creek Marketplace 6/10/2019 8/6/2019 N/A 7/6/2029 N/A $0.00 $20,328.64 $0.00 $243,943.69 Springing Springing No Group A N/A 2.59x N/A 2.46x 62.1% 62.1% 0
Loan   46 The Nash Building 5/22/2019 7/6/2019 7/6/2022 6/6/2029 N/A $27,682.80 $20,987.50 $332,193.60 $251,850.00 Springing Springing No N/A 1.65x 2.17x 1.50x 1.97x 68.8% 60.5% 5
Loan   47 3115 Fry Road 4/30/2019 6/1/2019 N/A 5/1/2029 N/A $0.00 $20,106.94 $0.00 $241,283.28 Springing Springing No N/A N/A 2.43x N/A 2.24x 65.0% 65.0% 5
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area 2/6/2019 3/6/2019 N/A 2/6/2029 N/A $28,173.98 $0.00 $338,087.76 $0.00 Hard Springing No N/A 2.24x N/A 1.80x N/A 63.8% 49.4% 0
Loan   49 102 Washington Place 5/17/2019 7/1/2019 N/A 6/1/2029 N/A $0.00 $16,558.50 $0.00 $198,702.00 Springing Springing No N/A N/A 1.66x N/A 1.65x 48.2% 48.2% 0
Loan 7 50 Woodland Square Apartments 5/16/2019 7/6/2019 7/6/2021 6/6/2029 N/A $21,935.17 $17,408.47 $263,222.04 $208,901.64 Springing Springing No N/A 1.42x 1.78x 1.33x 1.68x 75.0% 65.1% 4 (2 times during the term of the loan)
Loan   51 Union Avenue 5/31/2019 7/1/2019 7/1/2020 6/1/2029 N/A $19,674.95 $15,208.33 $236,099.40 $182,499.96 Springing Springing No N/A 1.86x 2.40x 1.66x 2.15x 73.5% 61.8% 5
Loan   52 Briarwood Apartments 5/21/2019 7/1/2019 N/A 6/1/2029 N/A $0.00 $12,927.51 $0.00 $155,130.12 Springing Springing No N/A N/A 2.34x N/A 2.25x 63.4% 63.4% 5
Loan   53 Greensburg Park Self Storage 5/9/2019 7/1/2019 7/1/2020 6/1/2029 N/A $14,728.36 $11,075.05 $176,740.32 $132,900.60 Springing Springing No N/A 1.86x 2.47x 1.81x 2.40x 59.8% 49.9% 5

 

A-1-4

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)
YM
Formula
  Third Most
Recent Revenues
Third Most
Recent Expenses
Third Most
Recent NOI
Third
Most Recent
NOI Date
Third Most
Recent NOI
Debt Yield
Second Most
 Recent Revenues
Second Most
 Recent Expenses
Second Most
 Recent NOI
Second
Most Recent
NOI Date
Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Most
 Recent Expenses
Most
Recent NOI
Most
Recent
NOI Date
Most
Recent NOI
Debt Yield
Underwritten
Occupancy Rate
Loan 5, 8 1 Grand Canal Shoppes 0 (1 grace period of 2 business days every 12 month period) First LO(24);DEF(91);O(5)     $107,586,327 $33,160,381 $74,425,947 12/31/2017 9.8% $103,110,653 $31,784,180 $71,326,473 12/31/2018 9.4% $102,473,435 $31,007,624 $71,465,811 3/31/2019 TTM 9.4% 94.0%
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio 0 Sixth LO(26);YM1(89);O(5) A   $23,199,707 $5,426,714 $17,772,993 12/31/2016 8.3% $25,444,108 $5,686,484 $19,757,624 12/31/2017 9.2% $25,772,434 $5,693,649 $20,078,785 12/31/2018 9.3% 94.1%
Property   2.01 The Springs           $3,661,670 $1,048,836 $2,612,834 12/31/2016   $4,006,174 $1,073,858 $2,932,316 12/31/2017   $4,894,462 $1,124,321 $3,770,140 12/31/2018   92.5%
Property   2.02 Summerwood           $3,463,690 $699,202 $2,764,489 12/31/2016   $3,856,357 $683,915 $3,172,442 12/31/2017   $4,030,751 $701,864 $3,328,887 12/31/2018   95.0%
Property   2.03 Food 4 Less – Target Center           $2,607,363 $370,497 $2,236,866 12/31/2016   $2,681,454 $407,311 $2,274,144 12/31/2017   $2,622,197 $438,728 $2,183,469 12/31/2018   95.0%
Property   2.04 El Super Center           $1,950,722 $522,913 $1,427,809 12/31/2016   $2,393,075 $576,743 $1,816,332 12/31/2017   $2,008,308 $566,899 $1,441,410 12/31/2018   95.0%
Property   2.05 Island Plaza           $1,794,035 $342,576 $1,451,458 12/31/2016   $2,123,336 $357,820 $1,765,516 12/31/2017   $2,023,523 $379,446 $1,644,077 12/31/2018   95.0%
Property   2.06 Baldwin Park Promenade           $1,368,748 $329,044 $1,039,703 12/31/2016   $1,553,744 $335,659 $1,218,085 12/31/2017   $1,629,991 $333,738 $1,296,253 12/31/2018   95.0%
Property   2.07 Lynwood Plaza           $1,248,718 $405,141 $843,577 12/31/2016   $1,399,750 $453,511 $946,238 12/31/2017   $1,348,490 $428,718 $919,772 12/31/2018   95.0%
Property   2.08 El Cajon (CVS)           $1,057,339 $206,346 $850,993 12/31/2016   $1,088,230 $258,500 $829,730 12/31/2017   $1,109,415 $232,435 $876,980 12/31/2018   95.0%
Property   2.09 Loma Vista           $1,189,907 $245,523 $944,384 12/31/2016   $1,242,489 $232,226 $1,010,263 12/31/2017   $1,179,935 $233,345 $946,589 12/31/2018   94.3%
Property   2.10 MLK Medical           $934,077 $132,682 $801,394 12/31/2016   $988,919 $136,106 $852,813 12/31/2017   $973,355 $135,300 $838,055 12/31/2018   92.5%
Property   2.11 Hawthorne Plaza           $1,118,054 $208,959 $909,095 12/31/2016   $1,165,693 $245,517 $920,176 12/31/2017   $1,112,891 $227,925 $884,967 12/31/2018   93.6%
Property   2.12 Five Points Plaza           $1,062,649 $352,349 $710,300 12/31/2016   $1,160,805 $364,576 $796,228 12/31/2017   $1,037,964 $395,569 $642,395 12/31/2018   91.3%
Property   2.13 Towne Center Square           $1,049,516 $348,311 $701,205 12/31/2016   $1,076,927 $358,725 $718,202 12/31/2017   $1,093,775 $319,455 $774,319 12/31/2018   94.3%
Property   2.14 Camarillo           $693,221 $214,335 $478,886 12/31/2016   $707,155 $202,018 $505,138 12/31/2017   $707,376 $175,905 $531,471 12/31/2018   95.0%
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park 0 Sixth LO(24);DEF(92);O(4)     $20,769,330 $12,624,406 $8,144,924 12/31/2017 9.8% $21,808,761 $13,332,721 $8,476,039 12/31/2018 10.2% $23,596,632 $13,809,940 $9,786,692 4/30/2019 TTM 11.7% 83.7%
Loan 5, 13 4 125 Borinquen Place 0 Sixth LO(25);DEF(89);O(6)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $3,754,788 $592,954 $3,161,834 2/28/2019 T-6 Ann. 6.1% 88.0%
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II 0 Sixth LO(24);DEF(92);O(4)     $21,496,761 $13,798,733 $7,698,028 12/31/2017 12.4% $23,844,625 $14,863,212 $8,981,413 12/31/2018 14.4% $24,478,404 $15,120,031 $9,358,373 3/31/2019 TTM 15.0% 64.1%
Property   5.01 Courtyard Horseheads           $2,345,420 $1,477,187 $868,233 12/31/2017   $2,622,608 $1,580,289 $1,042,319 12/31/2018   $2,689,847 $1,594,884 $1,094,964 3/31/2019 TTM   55.7%
Property   5.02 Home2 Suites Oswego           $770,079 $534,999 $235,080 12/31/2017   $1,978,583 $1,016,078 $962,505 12/31/2018   $2,549,099 $1,147,217 $1,401,882 3/31/2019 TTM   61.5%
Property   5.03 Holiday Inn & Suites Rochester Marketplace           $3,611,778 $2,451,965 $1,159,813 12/31/2017   $3,376,073 $2,434,683 $941,390 12/31/2018   $3,292,028 $2,373,446 $918,582 3/31/2019 TTM   62.2%
Property   5.04 Hampton Inn Corning Painted Post           $2,338,694 $1,376,969 $961,725 12/31/2017   $2,367,623 $1,434,682 $932,941 12/31/2018   $2,335,704 $1,409,675 $926,029 3/31/2019 TTM   49.7%
Property   5.05 Home2 Suites Rochester Henrietta           $2,843,589 $1,680,601 $1,162,988 12/31/2017   $2,941,519 $1,788,068 $1,153,452 12/31/2018   $2,988,510 $1,850,421 $1,138,089 3/31/2019 TTM   78.3%
Property   5.06 Holiday Inn Express Olean           $2,120,985 $1,328,436 $792,549 12/31/2017   $2,249,579 $1,345,563 $904,016 12/31/2018   $2,292,219 $1,387,128 $905,091 3/31/2019 TTM   68.5%
Property   5.07 Fairfield Inn Watertown           $2,395,724 $1,559,674 $836,050 12/31/2017   $2,494,622 $1,630,513 $864,109 12/31/2018   $2,460,572 $1,625,424 $835,149 3/31/2019 TTM   65.7%
Property   5.08 Holiday Inn Express Canandaigua           $1,838,441 $1,240,247 $598,194 12/31/2017   $1,998,337 $1,308,081 $690,256 12/31/2018   $2,094,518 $1,385,527 $708,991 3/31/2019 TTM   61.8%
Property   5.09 Candlewood Suites Watertown           $1,995,727 $1,186,461 $809,266 12/31/2017   $2,251,932 $1,280,974 $970,958 12/31/2018   $2,216,056 $1,267,597 $948,459 3/31/2019 TTM   68.9%
Property   5.10 Candlewood Suites Sayre           $1,236,324 $962,194 $274,130 12/31/2017   $1,563,748 $1,044,280 $519,468 12/31/2018   $1,559,850 $1,078,711 $481,139 3/31/2019 TTM   69.5%
Loan 17 6 617-625 West 46th Street 0 Sixth LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 93.0%
Loan 5, 13 7 Tower 28 5 First LO(27);YM1(86);O(7) B   $9,695,123 $5,450,720 $4,244,404 12/31/2018 3.8% $14,989,262 $5,552,627 $9,436,635 12/31/2018 T-6 Ann. 8.4% $17,484,140 $5,358,451 $12,125,689 12/31/2018 T-3 Ann. 10.8% 95.0%
Loan 13 8 North Carolina Technical Park 0 Sixth LO(24);DEF(92);O(4)     $3,967,836 $1,781,918 $2,185,918 12/31/2017 8.6% $4,630,808 $2,221,697 $2,409,111 12/31/2018 9.4% $4,756,866 $2,201,674 $2,555,192 4/30/2019 TTM 10.0% 86.0%
Loan   9 Brotman Physicians Plaza 0 Sixth LO(24);DEF(91);O(5)     $2,681,978 $632,817 $2,049,161 12/31/2017 8.8% $2,697,533 $675,064 $2,022,469 12/31/2018 8.7% $2,686,377 $664,520 $2,021,857 3/31/2019 TTM 8.7% 95.0%
Loan   10 Wheatland Towne Crossing 5 First LO(25);DEF(90);O(5)     N/A N/A N/A N/A N/A $3,804,858 $1,439,910 $2,364,949 12/31/2018 11.1% $3,971,076 $1,493,443 $2,477,633 3/31/2019 TTM 11.7% 92.2%
Loan 6 11 West Palm Beach Industrial 0 Sixth LO(24);DEF(92);O(4)     $2,099,714 $421,840 $1,677,875 12/31/2017 8.4% $2,499,020 $510,644 $1,988,376 12/31/2018 9.9% $2,549,298 $525,677 $2,023,621 3/31/2019 TTM 10.1% 90.6%
Property   11.01 West Palm Beach           $2,081,167 $368,635 $1,712,533 12/31/2017   $2,384,218 $450,212 $1,934,006 12/31/2018   $2,433,661 $465,130 $1,968,531 3/31/2019 TTM   90.4%
Property   11.02 Dania Beach           $18,547 $53,205 -$34,658 12/31/2017   $114,803 $60,433 $54,370 12/31/2018   $115,637 $60,547 $55,090 3/31/2019 TTM   95.0%
Loan 5, 18 12 FedEx Niles 5 First LO(25);YM1(90);O(5) C   $5,305,449 $1,021,279 $4,284,170 12/31/2016 9.2% $6,077,661 $1,393,112 $4,684,549 12/31/2017 10.1% $6,191,667 $1,421,898 $4,769,768 12/31/2018 10.3% 95.0%
Loan 19 13 DoubleTree Princeton 0 Sixth LO(24);DEF(92);O(4)     $7,476,619 $5,899,413 $1,577,206 12/31/2017 9.8% $8,411,754 $6,284,028 $2,127,726 12/31/2018 13.2% $8,424,549 $6,266,092 $2,158,457 5/31/2019 TTM 13.4% 67.5%
Loan 20 14 Marriott Metairie at Lakeway 5 First LO(25);DEF(90);O(5)     $11,084,207 $9,115,965 $1,968,242 12/31/2017 12.3% $11,281,041 $8,862,690 $2,418,351 12/31/2018 15.1% $11,354,563 $8,793,974 $2,560,589 3/31/2019 TTM 16.0% 78.5%
Loan 6, 7 15 UES Multi Portfolio 0 Sixth LO(24);DEF(92);O(4)     $1,540,702 $716,779 $823,923 12/31/2017 5.2% $1,563,999 $583,933 $980,066 12/31/2018 6.2% $1,633,697 $528,959 $1,104,738 4/30/2019 TTM 6.9% 95.0%
Property   15.01 1494 2nd Avenue           $590,239 $216,309 $373,930 12/31/2017   $617,908 $231,359 $386,549 12/31/2018   $662,868 $205,564 $457,303 4/30/2019 TTM   95.0%
Property   15.02 1496 2nd Avenue           $596,202 $320,505 $275,697 12/31/2017   $585,646 $226,450 $359,196 12/31/2018   $605,823 $210,386 $395,437 4/30/2019 TTM   95.0%
Property   15.03 304 East 78th Street           $354,261 $179,965 $174,296 12/31/2017   $360,444 $126,124 $234,320 12/31/2018   $365,006 $113,010 $251,997 4/30/2019 TTM   95.0%
Loan   16 Courtyard Plaza 0 Sixth LO(24);DEF(92);O(4)     $1,758,570 $446,822 $1,311,748 12/31/2017 8.5% $1,817,922 $604,701 $1,213,221 12/31/2018 7.9% $1,905,068 $603,131 $1,301,937 2/28/2019 TTM 8.5% 90.0%
Loan 21 17 3 Independence Way 0 Sixth LO(26);DEF(90);O(4)     $2,452,606 $1,090,878 $1,361,728 1/31/2018 TTM 9.1% $2,527,273 $1,049,657 $1,477,616 12/31/2018 9.9% $2,509,437 $1,075,339 $1,434,098 1/31/2019 TTM 9.6% 90.8%
Loan 5 18 Legacy Tower 0 Fifth LO(24);DEF(89);O(7)     $4,150,424 $3,988,730 $161,694 12/31/2017 0.7% $4,650,509 $3,598,472 $1,052,037 12/31/2018 4.8% $4,862,506 $3,541,799 $1,320,707 3/31/2019 TTM 6.0% 90.3%
Loan 5 19 3 Columbus Circle 0 Eleventh LO(28);DEF(87);O(5)     $50,161,202 $14,968,652 $35,192,550 12/31/2016 7.2% $50,952,874 $16,254,125 $34,698,749 12/31/2017 7.1% $57,324,235 $17,233,200 $40,091,035 12/31/2018 8.2% 97.9%
Loan 13 20 The View Apartments 0 Sixth LO(25);DEF(91);O(4)     $1,014,450 $180,348 $834,102 12/31/2017 6.8% $1,191,130 $139,319 $1,051,811 12/31/2018 8.6% $1,185,677 $152,205 $1,033,472 3/31/2019 TTM 8.5% 95.0%
Loan   21 1458 Ocean Dr / 1437 Collins Ave 0 Sixth LO(24);DEF(92);O(4)     $1,184,101 $227,514 $956,587 12/31/2016 7.8% $1,229,494 $228,391 $1,001,103 12/31/2017 8.2% $1,244,508 $261,649 $982,859 12/31/2018 8.1% 95.0%
Loan 5, 8 22 Eleven Seventeen Perimeter 5 First LO(24);DEF(83);O(13)     $7,607,469 $3,321,982 $4,285,488 12/31/2017 9.7% $7,449,250 $3,445,156 $4,004,094 12/31/2018 9.1% $7,508,947 $3,623,969 $3,884,977 3/31/2019 TTM 8.8% 85.5%
Loan   23 Bradenton Financial Center 0 Sixth LO(24);DEF(33);O(3)     $1,451,017 $866,379 $584,638 12/31/2017 5.2% $1,698,248 $871,720 $826,527 12/31/2018 7.4% $1,811,539 $870,087 $941,452 2/28/2019 TTM 8.4% 90.1%
Loan   24 Niles Retail Center 5 First LO(25);DEF(91);O(4)     $2,160,833 $1,318,533 $842,300 12/31/2016 7.7% $1,806,534 $696,203 $1,110,331 12/31/2017 10.1% $1,923,707 $884,845 $1,038,862 12/31/2018 9.4% 95.0%
Loan   25 Maplewood Apartments 0 Sixth LO(25);DEF(31);O(4)     $2,394,552 $1,189,404 $1,205,148 12/31/2017 11.2% $2,464,523 $1,160,373 $1,304,150 12/31/2018 12.1% $2,409,144 $1,201,759 $1,207,385 3/31/2019 TTM 11.2% 94.3%
Loan   26 Home2Suites - Menomonee Falls 0 Sixth LO(25);DEF(92);O(3)     $2,659,624 $1,658,705 $1,000,919 5/31/2018 TTM 9.4% $3,094,656 $1,778,624 $1,316,032 12/31/2018 12.4% $3,228,086 $1,820,377 $1,407,709 4/30/2019 TTM 13.2% 78.4%
Loan   27 Cassens Business Center 0 Sixth LO(24);DEF(92);O(4)     $585,859 $349,852 $236,007 12/31/2017 2.2% $959,377 $315,303 $644,074 12/31/2018 6.1% $992,372 $349,647 $642,725 4/30/2019 TTM 6.1% 95.0%
Loan 13, 22 28 La Privada Apartments 0 Sixth LO(25);DEF(91);O(4)     $1,805,685 $1,054,492 $751,193 12/31/2017 7.5% $1,844,588 $1,049,993 $794,595 12/31/2018 7.9% $1,901,047 $1,045,860 $855,187 3/31/2019 TTM 8.5% 82.3%
Loan 5 29 AC by Marriott San Jose 0 First LO(27);DEF(89);O(4)     N/A N/A N/A N/A N/A $16,895,186 $9,719,014 $7,176,172 12/31/2018 12.0% $17,370,541 $9,951,862 $7,418,679 2/28/2019 TTM 12.4% 80.7%
Loan 7, 11 30 Brookwood Square 0 Sixth LO(26);DEF(91);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0%
Loan 7, 11 31 3901 Bolger Road 0 Sixth LO(26);DEF(91);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0%
Loan 7, 11 32 Michigan Road Shoppes 0 Sixth LO(26);DEF(91);O(3)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0%
Loan 6, 7 33 Brooklyn Multifamily Portfolio I 0 Sixth LO(25);DEF(91);O(4)     $907,974 $227,329 $680,645 12/31/2017 7.4% $890,003 $227,081 $662,922 12/31/2018 7.2% $894,976 $236,822 $658,154 2/28/2019 TTM 7.2% 97.0%
Property   33.01 2149 Cortelyou Rd.           $436,162 $122,455 $313,706 12/31/2017   $417,726 $124,940 $292,786 12/31/2018   $419,012 $132,957 $286,055 2/28/2019 TTM   97.0%
Property   33.02 210 Broadway           $199,805 $31,718 $168,087 12/31/2017   $196,785 $35,693 $161,092 12/31/2018   $204,885 $36,333 $168,552 2/28/2019 TTM   97.0%
Property   33.03 1235 Halsey St.           $151,050 $37,043 $114,007 12/31/2017   $161,279 $32,491 $128,789 12/31/2018   $162,636 $35,845 $126,790 2/28/2019 TTM   97.0%
Property   33.04 1324 Hancock St.           $120,957 $36,112 $84,845 12/31/2017   $114,213 $33,958 $80,255 12/31/2018   $108,443 $31,686 $76,757 2/28/2019 TTM   97.0%
Loan 7, 12 34 Shoppes at Holly Springs 5 First LO(25);DEF(90);O(5)     $745,723 $180,140 $565,583 12/31/2016 10.7% $876,888 $161,367 $715,521 12/31/2017 12.6% $847,568 $171,632 $675,936 12/31/2018 12.2% 85.5%
Loan 7, 12 35 Jefferson Square 5 First LO(25);DEF(90);O(5)     $537,749 $115,762 $421,987 12/31/2017 10.7% $564,946 $123,228 $441,718 12/31/2018 12.6% $607,930 $160,066 $447,864 3/31/2019 TTM 12.2% 88.9%
Loan 23 36 Best Western Plus South Bay Hotel 5 First LO(25);DEF(91);O(4)     $2,797,749 $1,873,822 $923,927 12/31/2017 10.3% $2,920,325 $1,885,896 $1,034,430 12/31/2018 11.5% $3,003,571 $1,875,336 $1,128,235 4/30/2019 TTM 12.6% 84.0%
Loan   37 Lakecrest-Southpointe Portfolio 0 Sixth LO(25);DEF(32);O(3)     $1,763,617 $744,277 $1,019,340 12/31/2017 12.2% $1,889,388 $811,915 $1,077,472 12/31/2018 12.9% $1,932,422 $792,196 $1,140,226 4/30/2019 TTM 13.7% 71.1%
Loan   38 Food Lion Mount Airy 5 First LO(25);DEF(91);O(4)     $1,322,215 $424,136 $898,079 12/31/2016 11.2% $1,341,200 $440,714 $900,485 12/31/2017 11.3% $1,333,989 $296,475 $1,037,515 12/31/2018 13.0% 94.3%
Loan   39 Crossing Pointe Shoppes 5 First LO(22);YM1(94);O(4) D   N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $799,318 $114,055 $685,263 12/31/2018 8.7% 95.0%
Loan 24 40 Best Western Sanford Airport 0 First LO(24);DEF(90);O(6)     $1,806,241 $716,058 $1,090,183 12/31/2017 15.8% $1,887,744 $746,804 $1,140,940 12/31/2018 16.5% $1,845,055 $761,908 $1,083,147 2/28/2019 TTM 15.7% 83.6%
Loan   41 Sunnyside Retail Center 0 Sixth LO(25);DEF(89);O(6)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 95.0%
Loan   42 Greenwood Heights 0 Sixth LO(26);DEF(90);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A $246,250 $7,600 $238,650 12/31/2018 3.7% 95.0%
Loan 9 43 Tatum Plaza 0 Sixth LO(24);YM1(91);O(5) E   N/A N/A N/A N/A N/A $885,378 $255,697 $629,681 12/31/2018 10.1% $811,604 $233,148 $578,456 3/31/2019 TTM 9.3% 90.9%
Loan 9 44 Tatum Ranch Crossing 0 Sixth LO(24);YM1(91);O(5) F   N/A N/A N/A N/A N/A $723,706 $246,516 $477,190 12/31/2018 7.6% $683,002 $209,961 $473,040 3/31/2019 TTM 7.6% 90.6%
Loan 9 45 Shadow Creek Marketplace 0 Sixth LO(24);YM1(91);O(5) G   $823,739 $223,075 $600,664 12/31/2017 10.2% $793,441 $213,447 $579,994 12/31/2018 9.8% $735,618 $193,206 $542,412 3/31/2019 TTM 9.2% 91.7%
Loan   46 The Nash Building 0 Sixth LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A $651,142 $124,980 $526,162 12/31/2018 9.7% $645,976 $120,007 $525,969 2/28/2019 TTM 9.7% 95.0%
Loan   47 3115 Fry Road 5 First LO(26);DEF(89);O(5)     $610,606 $228,806 $381,800 12/31/2017 7.3% $488,132 $220,153 $267,979 12/31/2018 5.1% $695,527 $168,612 $526,915 3/31/2019 T-6 Ann. 10.0% 95.0%
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area 0 Sixth LO(29);DEF(87);O(4)     N/A N/A N/A N/A N/A $3,529,909 $2,572,385 $957,524 12/31/2017 21.4% $3,358,762 $2,589,080 $769,682 11/30/2018 TTM 17.2% 55.0%
Loan   49 102 Washington Place 0 First LO(25);DEF(91);O(4)     $456,799 $137,681 $319,118 12/31/2016 7.8% $460,092 $137,684 $322,408 12/31/2017 7.9% $460,736 $146,616 $314,120 12/31/2018 7.7% 97.0%
Loan 7 50 Woodland Square Apartments 0 Sixth LO(25);DEF(92);O(3)     $587,285 $214,551 $372,733 12/31/2017 9.2% $612,271 $233,556 $378,715 12/31/2018 9.4% $616,394 $232,724 $383,670 1/31/2019 TTM 9.5% 95.0%
Loan   51 Union Avenue 5 First LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 94.0%
Loan   52 Briarwood Apartments 5 First LO(25);DEF(91);O(4)     $561,391 $185,567 $375,824 12/31/2017 10.6% $571,986 $185,992 $385,994 12/31/2018 10.9% $582,948 $185,433 $397,515 4/30/2019 TTM 11.2% 95.0%
Loan   53 Greensburg Park Self Storage 5 First LO(25);DEF(91);O(4)     $457,582 $162,465 $295,117 12/31/2017 10.2% $486,867 $171,225 $315,642 12/312018 10.9% $495,178 $170,537 $324,641 2/28/2019 TTM 11.2% 91.6%

 

A-1-5

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Underwritten
Effective Gross Income
Underwritten Total
Expenses
Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves
Underwritten
TI/LC
Underwritten NCF Underwritten NCF Debt Yield   Largest Tenant Largest
Tenant Lease
Expiration(4)
Largest
Tenant NSF
Largest
Tenant
% of NSF
  2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(4)
Loan 5, 8 1 Grand Canal Shoppes $104,029,334 $31,007,624 $73,021,709 9.6% $0 $2,023,806 $70,997,903 9.3%   Venetian Casino Resort 34,088 SF (7/31/2025); 8,096 SF (9/30/2033); 1 SF (12/31/2019) 42,185 5.6%   The Venetian Resort (Showroom / Theater) 5/31/2029
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio $27,692,309 $6,462,745 $21,229,564 9.9% $296,246 $740,616 $20,192,702 9.4%                
Property   2.01 The Springs $5,281,583 $1,172,394 $4,109,189   $79,544 $198,859 $3,830,786     The Home Depot 1/31/2034 149,591 37.6%   Burlington Coat Factory 9/30/2021
Property   2.02 Summerwood $3,868,877 $812,404 $3,056,473   $35,754 $89,385 $2,931,334     Smart & Final 6/30/2021 31,500 17.6%   Marshalls 9/30/2022
Property   2.03 Food 4 Less – Target Center $2,912,157 $788,924 $2,123,232   $39,287 $98,218 $1,985,727     Target 1/31/2028 133,987 68.2%   Food 4 Less 6/30/2033
Property   2.04 El Super Center $2,727,097 $586,230 $2,140,868   $23,446 $58,615 $2,058,807     El Super 3/31/2027 45,000 38.4%   Warehouse Shoes 12/31/2022
Property   2.05 Island Plaza $2,086,765 $460,260 $1,626,505   $15,554 $38,886 $1,572,064     Island Pacific Market 12/31/2023 31,000 39.9%   99 Cents Only Stores LLC 1/31/2027
Property   2.06 Baldwin Park Promenade $1,570,073 $331,448 $1,238,625   $9,981 $24,953 $1,203,691     Smart & Final 12/31/2022 20,725 41.5%   CVS 3/31/2032
Property   2.07 Lynwood Plaza $1,628,148 $425,428 $1,202,720   $15,049 $37,623 $1,150,049     Smart & Final 9/30/2023 20,925 27.8%   99cents Only Store 1/30/2022
Property   2.08 El Cajon (CVS) $1,252,537 $257,257 $995,280   $5,997 $14,993 $974,290     CVS 10/6/2025 16,784 56.0%   Northpark Produce 8/31/2022
Property   2.09 Loma Vista $1,222,600 $233,257 $989,343   $19,509 $48,774 $921,060     Superior Super Warehouse 4/30/2021 81,071 83.1%   China Cook 9/30/2019
Property   2.10 MLK Medical $1,065,556 $218,892 $846,663   $6,500 $16,250 $823,913     ALTAMED Health Services 1/31/2024 15,000 46.2%   Kaiser Foundation Health Plan 9/30/2021
Property   2.11 Hawthorne Plaza $1,038,621 $260,529 $778,092   $14,150 $35,375 $728,567     WalMart 7/9/2023 35,500 50.2%   Marshalls 10/31/2020
Property   2.12 Five Points Plaza $1,350,626 $422,108 $928,518   $17,907 $44,769 $865,842     El Super 3/31/2025 46,967 52.5%   Planet Fitness 5/31/2029
Property   2.13 Towne Center Square $1,040,173 $317,001 $723,172   $11,502 $28,755 $682,915     Seafood City Supermarket 10/31/2023 28,583 49.7%   Tuesday Morning, Inc 7/31/2026
Property   2.14 Camarillo $647,497 $176,613 $470,884   $2,065 $5,162 $463,657     Smash Burger 11/25/2024 2,600 25.2%   Chipotle 12/31/2024
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park $23,146,771 $13,382,534 $9,764,237 11.7% $925,871 $0 $8,838,366 10.6%   N/A N/A N/A N/A   N/A N/A
Loan 5, 13 4 125 Borinquen Place $4,955,100 $810,555 $4,144,545 8.0% $26,488 $0 $4,118,057 7.9%   N/A N/A N/A N/A   N/A N/A
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II $24,478,404 $15,598,613 $8,879,791 14.3% $979,136 $0 $7,900,655 12.7%                
Property   5.01 Courtyard Horseheads $2,689,847 $1,650,391 $1,039,456   $107,594 $0 $931,862     N/A N/A N/A N/A   N/A N/A
Property   5.02 Home2 Suites Oswego $2,549,099 $1,297,825 $1,251,274   $101,964 $0 $1,149,310     N/A N/A N/A N/A   N/A N/A
Property   5.03 Holiday Inn & Suites Rochester Marketplace $3,292,028 $2,412,968 $879,060   $131,681 $0 $747,379     N/A N/A N/A N/A   N/A N/A
Property   5.04 Hampton Inn Corning Painted Post $2,335,704 $1,481,764 $853,939   $93,428 $0 $760,511     N/A N/A N/A N/A   N/A N/A
Property   5.05 Home2 Suites Rochester Henrietta $2,988,510 $1,943,923 $1,044,587   $119,540 $0 $925,047     N/A N/A N/A N/A   N/A N/A
Property   5.06 Holiday Inn Express Olean $2,292,219 $1,398,357 $893,862   $91,689 $0 $802,173     N/A N/A N/A N/A   N/A N/A
Property   5.07 Fairfield Inn Watertown $2,460,572 $1,599,236 $861,336   $98,423 $0 $762,913     N/A N/A N/A N/A   N/A N/A
Property   5.08 Holiday Inn Express Canandaigua $2,094,518 $1,407,496 $687,023   $83,781 $0 $603,242     N/A N/A N/A N/A   N/A N/A
Property   5.09 Candlewood Suites Watertown $2,216,056 $1,295,547 $920,508   $88,642 $0 $831,866     N/A N/A N/A N/A   N/A N/A
Property   5.10 Candlewood Suites Sayre $1,559,850 $1,111,103 $448,747   $62,394 $0 $386,353     N/A N/A N/A N/A   N/A N/A
Loan 17 6 617-625 West 46th Street $3,129,310 $845,261 $2,284,050 8.2% $8,415 $49,500 $2,226,135 8.0%   Hudson Terrace 7/31/2033 18,700 37.8%   Nestle 7/31/2022
Loan 5, 13 7 Tower 28 $19,539,680 $4,973,673 $14,566,007 13.0% $113,255 $14,529 $14,438,224 12.9%   N/A N/A N/A N/A   N/A N/A
Loan 13 8 North Carolina Technical Park $4,446,059 $2,137,793 $2,308,266 9.1% $60,930 $196,263 $2,051,073 8.0%   KBI BioPharma 3/31/2027 145,000 53.3%   bioMérieux 12/31/2021
Loan   9 Brotman Physicians Plaza $2,935,967 $806,554 $2,129,413 9.2% $12,126 $60,631 $2,056,656 8.8%   Exodus Recovery, Inc. 2/28/2029 19,087 39.4%   Intensive Renal Care, Inc. 10/31/2029
Loan   10 Wheatland Towne Crossing $4,149,248 $1,435,410 $2,713,839 12.8% $31,031 $105,156 $2,577,652 12.1%   Conn’s Home Plus 12/31/2023 40,120 19.4%   Ross Dress for Less 1/31/2023
Loan 6 11 West Palm Beach Industrial $3,067,847 $735,589 $2,332,257 11.7% $41,662 $0 $2,290,596 11.5%                
Property   11.01 West Palm Beach $2,893,821 $671,822 $2,222,000   $41,662 $0 $2,180,338     PB Auto Services / Palm Beach Garage 11/15/2019 6,350 3.2%   Central Auto Trim / Richard Schneider 12/31/2019
Property   11.02 Dania Beach $174,025 $63,768 $110,258   $0 $0 $110,258     Icee Company 11/30/2027 8,560 67.6%   Taillard Capital 4/30/2020
Loan 5, 18 12 FedEx Niles $6,011,195 $1,640,655 $4,370,540 9.4% $31,420 $78,551 $4,260,570 9.2%   FedEx Ground Package System, Inc. 5/31/2030 314,202 100.0%   N/A N/A
Loan 19 13 DoubleTree Princeton $8,424,259 $6,292,721 $2,131,539 13.2% $336,970 $0 $1,794,568 11.1%   N/A N/A N/A N/A   N/A N/A
Loan 20 14 Marriott Metairie at Lakeway $11,354,563 $8,854,569 $2,499,994 15.6% $454,183 $0 $2,045,812 12.8%   N/A N/A N/A N/A   N/A N/A
Loan 6, 7 15 UES Multi Portfolio $1,628,711 $631,013 $997,698 6.3% $9,020 $0 $988,678 6.2%                
Property   15.01 1494 2nd Avenue $664,389 $246,660 $417,729   $4,350 $0 $413,379     Lusardi’s Restaurant 5/31/2025 1,750 24.5%   N/A N/A
Property   15.02 1496 2nd Avenue $606,338 $248,119 $358,219   $2,370 $0 $355,849     Quality Branded 3/30/2032 1,350 17.1%   Tony’s Cleaners 9/30/2027
Property   15.03 304 East 78th Street $357,984 $136,234 $221,750   $2,300 $0 $219,450     Anand Indian Cuisine 9/30/2027 1,500 26.6%   N/A N/A
Loan   16 Courtyard Plaza $2,277,050 $587,032 $1,690,019 11.0% $50,292 $105,073 $1,534,653 10.0%   BIG Lots! #01154 1/30/2022 30,000 15.5%   Dirt Cheap 10/30/2025
Loan 21 17 3 Independence Way $2,581,533 $1,095,608 $1,485,925 9.9% $22,801 $49,507 $1,413,618 9.4%   Aetna Life Insurance Company 10/31/2022 21,742 19.1%   Rutgers University 12/31/2019
Loan 5 18 Legacy Tower $6,688,592 $4,004,834 $2,683,759 12.2% $114,500 $533,937 $2,035,322 9.3%   Woods Oviatt Gilman 6/30/2030 82,757 24.9%   Harter Secrest & Emery LLP 9/30/2029
Loan 5 19 3 Columbus Circle $79,416,007 $18,918,555 $60,497,452 12.3% $150,743 $3,752,630 $56,594,080 11.5%   Young & Rubicam, Inc. 8/31/2033 375,236 49.8%   Emerge 212 3CC LLC 11/30/2027
Loan 13 20 The View Apartments $1,450,985 $482,027 $968,958 7.9% $11,017 $0 $957,941 7.9%   Benjamin Construction Corp. 4/30/2029 4,807 11.6%   N/A N/A
Loan   21 1458 Ocean Dr / 1437 Collins Ave $1,286,334 $300,346 $985,988 8.1% $1,878 $31,295 $952,816 7.8%   Front Porch Café 11/30/2025 9,326 74.5%   Sauvage of Miami 9/30/2024
Loan 5, 8 22 Eleven Seventeen Perimeter $8,711,924 $3,728,591 $4,983,333 11.3% $78,503 $338,774 $4,566,056 10.4%   Sedgwick Claims Management Services, Inc. 7/31/2022 26,226 6.7%   Tropical Smoothie Cafe, LLC 236 SF (MTM); 25,330 SF (7/31/2029)
Loan   23 Bradenton Financial Center $2,062,868 $916,082 $1,146,786 10.2% $0 $0 $1,146,786 10.2%   Workforce Business Service 5/31/2022 21,653 18.5%   Fisher-Rosemount Systems, Inc. 10/31/2023
Loan   24 Niles Retail Center $2,453,664 $1,080,904 $1,372,760 12.5% $20,065 $102,360 $1,250,335 11.4%   Hobby Lobby 2/28/2029 45,850 38.1%   Big Lots 1/31/2028
Loan   25 Maplewood Apartments $2,368,303 $1,215,723 $1,152,580 10.7% $80,720 $0 $1,071,860 9.9%   N/A N/A N/A N/A   N/A N/A
Loan   26 Home2Suites - Menomonee Falls $3,228,086 $1,893,918 $1,334,168 12.6% $129,123 $0 $1,205,044 11.3%   N/A N/A N/A N/A   N/A N/A
Loan   27 Cassens Business Center $1,384,814 $398,261 $986,553 9.4% $13,228 $33,070 $940,255 8.9%   Freight World 10/31/2024 42,520 32.1%   ABC Supply Co., Inc. 1/31/2027
Loan 13, 22 28 La Privada Apartments $1,961,362 $1,070,004 $891,358 9.1% $0 $0 $891,358 9.1%   N/A N/A N/A N/A   N/A N/A
Loan 5 29 AC by Marriott San Jose $17,370,541 $10,527,180 $6,843,361 11.4% $694,822 $0 $6,148,539 10.2%   N/A N/A N/A N/A   N/A N/A
Loan 7, 11 30 Brookwood Square $472,163 $108,445 $363,718 9.4% $2,716 $10,185 $350,817 9.1%   Mattress Firm 11/30/2024 4,550 33.5%   Austell Smiles Dentistry 2/28/2025
Loan 7, 11 31 3901 Bolger Road $429,585 $142,910 $286,676 9.4% $1,680 $6,300 $278,696 9.1%   Aspen Dental 1/31/2029 3,500 41.7%   Verizon Wireless 3/31/2029
Loan 7, 11 32 Michigan Road Shoppes $296,968 $58,642 $238,326 9.4% $3,421 $6,236 $228,669 9.1%   Verizon Wireless 7/31/2027 3,118 37.5%   Blaze Pizza 12/31/2025
Loan 6, 7 33 Brooklyn Multifamily Portfolio I $942,724 $250,972 $691,752 7.5% $8,323 $0 $683,430 7.4%                
Property   33.01 2149 Cortelyou Rd. $448,211 $140,024 $308,187   $3,726 $0 $304,460     N/A N/A N/A N/A   N/A N/A
Property   33.02 210 Broadway $206,392 $42,124 $164,268   $1,104 $0 $163,165     N/A N/A N/A N/A   N/A N/A
Property   33.03 1235 Halsey St. $158,880 $36,635 $122,245   $2,009 $0 $120,236     N/A N/A N/A N/A   N/A N/A
Property   33.04 1324 Hancock St. $129,241 $32,189 $97,052   $1,484 $0 $95,568     N/A N/A N/A N/A   N/A N/A
Loan 7, 12 34 Shoppes at Holly Springs $831,876 $166,304 $665,572 11.8% $6,543 $37,118 $621,912 11.0%   Thrift Place 5/31/2022 6,200 14.2%   Los Po’s 6/30/2021
Loan 7, 12 35 Jefferson Square $562,556 $143,293 $419,263 11.8% $10,407 $20,180 $388,675 11.0%   Dollar Tree 1/31/2020 6,344 15.9%   Rent-A-Center 5/31/2021
Loan 23 36 Best Western Plus South Bay Hotel $3,130,730 $1,979,140 $1,151,590 12.8% $125,229 $0 $1,026,361 11.4%   N/A N/A N/A N/A   N/A N/A
Loan   37 Lakecrest-Southpointe Portfolio $1,790,104 $792,464 $997,639 11.9% $35,522 $20,784 $941,333 11.3%   Strayer University 7/31/2020 14,930 12.4%   Matrix IFS 9/30/2024
Loan   38 Food Lion Mount Airy $1,356,022 $309,901 $1,046,120 13.1% $14,471 $81,469 $950,180 11.9%   Food Lion 6/30/2022 37,260 37.9%   Ace Hardware 4/30/2029
Loan   39 Crossing Pointe Shoppes $972,204 $218,070 $754,134 9.5% $3,540 $35,255 $715,339 9.0%   Ethan Allen, Inc. 3/31/2027 10,050 42.8%   Grand Appliance Inc. 10/31/2027
Loan 24 40 Best Western Sanford Airport $1,845,055 $884,490 $960,565 13.9% $97,165 $0 $863,400 12.5%   N/A N/A N/A N/A   N/A N/A
Loan   41 Sunnyside Retail Center $819,797 $189,347 $630,451 9.6% $14,017 $46,725 $569,709 8.6%   Tractor Supply 10/31/2028 28,797 30.8%   Grocery Outlet 2/28/2029
Loan   42 Greenwood Heights $651,625 $93,983 $557,642 8.6% $1,650 $8,250 $547,742 8.4%   Sedona Marble & Granite Inc. 4/30/2032 16,500 100.0%   N/A N/A
Loan 9 43 Tatum Plaza $916,801 $240,177 $676,625 10.8% $4,714 $29,460 $642,451 10.3%   Bonnie’s Barkery 3/31/2027 4,420 15.0%   The Little Gym 10/31/2029
Loan 9 44 Tatum Ranch Crossing $897,616 $221,150 $676,466 10.8% $7,130 $31,001 $638,334 10.2%   Anytime Fitness 3/31/2029 5,537 17.9%   Bank of America 7/31/2030
Loan 9 45 Shadow Creek Marketplace $827,721 $196,405 $631,316 10.7% $3,399 $28,329 $599,588 10.2%   ATI Physical Therapy 7/31/2028 3,200 11.3%   Moneytree 4/30/2021
Loan   46 The Nash Building $667,255 $120,646 $546,609 10.1% $9,510 $40,000 $497,099 9.2%   T.W. Garner Food Company 3/31/2029 14,786 31.1%   Design Archives 12/31/2019
Loan   47 3115 Fry Road $837,758 $251,506 $586,251 11.1% $12,106 $33,844 $540,302 10.3%   Global Trading Development and Management, LLC 12/31/2021 14,094 17.5%   Bioincell, LLC and Gendepot, LLC 4/30/2021
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area $2,930,016 $2,173,929 $756,087 19.1% $146,501 $0 $609,586 15.4%   N/A N/A N/A N/A   N/A N/A
Loan   49 102 Washington Place $479,336 $150,032 $329,304 8.0% $2,380 $0 $326,924 8.0%   Seabird 4/30/2024 1,200 28.0%   N/A N/A
Loan 7 50 Woodland Square Apartments $624,977 $252,398 $372,579 9.2% $21,814 $0 $350,765 8.7%   N/A N/A N/A N/A   N/A N/A
Loan   51 Union Avenue $606,295 $167,392 $438,903 11.7% $11,106 $35,539 $392,258 10.5%   Opal Matrix - Creative Labs 3/31/2024 27,434 26.0%   Three Hens (10th Harvest) 3/31/2020
Loan   52 Briarwood Apartments $568,966 $205,333 $363,633 10.2% $14,000 $0 $349,633 9.8%   N/A N/A N/A N/A   N/A N/A
Loan   53 Greensburg Park Self Storage $505,400 $177,509 $327,891 11.3% $8,777 $0 $319,114 11.0%   N/A N/A N/A N/A   N/A N/A

 

A-1-6

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name 2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
  3rd Largest Tenant 3rd Largest
Tenant Lease
Expiration(4)
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
  4th Largest Tenant 4th Largest
Tenant Lease
Expiration(4)
4th Largest
Tenant NSF
4th Largest
Tenant
% of NSF
  5th Largest Tenant 5th Largest
Tenant Lease
Expiration(4)
Loan 5, 8 1 Grand Canal Shoppes 38,920 5.1%   Madame Tussaud Las Vegas 28,000 SF (7/31/2024); 235 SF (12/31/2019) 28,235 3.7%   Regis Galerie 15,039 SF (5/31/2025); 8,406 SF (12/31/2020); 4,654 SF (2/29/2020) 28,099 3.7%   TAO Nightclub 1/31/2025
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio                              
Property   2.01 The Springs 43,712 11.0%   Ross Dress For Less 2/1/2029 30,000 7.5%   Marshalls 4/30/2024 28,652 7.2%   Bed Bath & Beyond 1/31/2025
Property   2.02 Summerwood 28,230 15.8%   Henry’s Market/Sprouts 6/30/2021 27,072 15.1%   Alin Party Supply 5/31/2024 27,004 15.1%   Home Goods 2/28/2023
Property   2.03 Food 4 Less – Target Center 52,924 26.9%   Taco Bell MTM 3,500 1.8%   Fat Burger 7/30/2025 2,000 1.0%   T-Mobile 12/31/2019
Property   2.04 El Super Center 16,722 14.3%   Fresenius Kidney Care San Jose Hills 12/31/2029 14,264 12.2%   Harbor Freight 12/31/2024 14,000 11.9%   Goodwill Southern California 12/31/2028
Property   2.05 Island Plaza 15,000 19.3%   Bank of America 3/31/2020 8,800 11.3%   Shakeys MTM 6,000 7.7%   Sprint 11/30/2021
Property   2.06 Baldwin Park Promenade 13,013 26.1%   IHOP 11/30/2031 4,240 8.5%   Home Street Bank 4/30/2027 2,016 4.0%   FedEx Kinko’s 12/31/2026
Property   2.07 Lynwood Plaza 18,000 23.9%   Goodwill 5/31/2029 15,000 19.9%   CSK Auto, Inc. (O’Reilly) 8/31/2020 6,003 8.0%   Rent-A-Center 11/30/2023
Property   2.08 El Cajon (CVS) 9,482 31.6%   Starbucks Coffee 2/28/2021 1,500 5.0%   Tony’s Barber & Beauty Salon 8/31/2024 1,020 3.4%   Loving Care Nails & Spa 1/30/2022
Property   2.09 Loma Vista 2,145 2.2%   La Michoacana Premium 4/30/2028 1,651 1.7%   Tortilleria Flor de Mayo MTM 1,520 1.6%   McKenzie Check Advance 1/31/2020
Property   2.10 MLK Medical 12,500 38.5%   Chase 8/31/2020 5,000 15.4%   N/A N/A N/A N/A   N/A N/A
Property   2.11 Hawthorne Plaza 35,250 49.8%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   2.12 Five Points Plaza 19,700 22.0%   Wash & Clean MTM 3,000 3.4%   Econo Lube & Tune/ John Huckabaa 2/28/2020 2,475 2.8%   Dollar Store MTM
Property   2.13 Towne Center Square 15,343 26.7%   Party City 1/1/2024 13,584 23.6%   N/A N/A N/A N/A   N/A N/A
Property   2.14 Camarillo 2,400 23.2%   PizzaRev 11/3/2019 2,300 22.3%   Pick Up Stix 11/19/2024 1,864 18.1%   Yogurtland 12/7/2019
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 5, 13 4 125 Borinquen Place N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II                              
Property   5.01 Courtyard Horseheads N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.02 Home2 Suites Oswego N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.03 Holiday Inn & Suites Rochester Marketplace N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.04 Hampton Inn Corning Painted Post N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.05 Home2 Suites Rochester Henrietta N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.06 Holiday Inn Express Olean N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.07 Fairfield Inn Watertown N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.08 Holiday Inn Express Canandaigua N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.09 Candlewood Suites Watertown N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   5.10 Candlewood Suites Sayre N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 17 6 617-625 West 46th Street 6,300 12.7%   Sherwin Williams 6/30/2029 5,000 10.1%   Macaron 10/31/2024 5,000 10.1%   Chandeliers 8/31/2029
Loan 5, 13 7 Tower 28 N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 13 8 North Carolina Technical Park 92,529 34.0%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   9 Brotman Physicians Plaza 6,231 12.8%   Los Angeles Vision Center 12/31/2024 3,500 7.2%   Southern California Hospital 1/31/2020 2,582 5.3%   Kirsch, MD / Kamiel, MD 3/31/2021
Loan   10 Wheatland Towne Crossing 22,000 10.6%   PetSmart 4/30/2022 19,882 9.6%   Office Depot 5/31/2022 16,800 8.1%   Party City 1/31/2023
Loan 6 11 West Palm Beach Industrial                              
Property   11.01 West Palm Beach 5,952 3.0%   Motor Haus, Inc. / Martin Lopez 6/30/2022 4,810 2.4%   West Palm Beach Plastics / Fabrice Raymond Sureau 12/31/2019 3,968 2.0%   Shamrock Flooring Contractors LLC / Patrick Murphy 3/31/2022
Property   11.02 Dania Beach 4,100 32.4%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 5, 18 12 FedEx Niles N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 19 13 DoubleTree Princeton N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 20 14 Marriott Metairie at Lakeway N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 6, 7 15 UES Multi Portfolio                              
Property   15.01 1494 2nd Avenue N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   15.02 1496 2nd Avenue 500 6.3%   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   15.03 304 East 78th Street N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   16 Courtyard Plaza 23,280 12.0%   Burke’s OUTLET #5 1/30/2024 20,000 10.3%   dd’s DISCOUNTS #5 1/30/2030 20,000 10.3%   Harbor Freight To 9/30/2029
Loan 21 17 3 Independence Way 9,448 8.3%   Amtrust North America Inc. 10/31/2021 9,318 8.2%   ABB Inc. 12/31/2021 8,863 7.8%   NetElixir 1/1/2025
Loan 5 18 Legacy Tower 81,704 24.6%   KeyBank 3,279 SF (7/31/2023); 19,784 SF (1/31/2029) 23,063 6.9%   Underberg & Kessler, LLP 12/31/2028 20,440 6.1%   Lacy Katzen LLP 12/31/2029
Loan 5 19 3 Columbus Circle 57,359 7.6%   Nordstrom 10/31/2039 46,991 6.2%   Jazz at Lincoln Center, Inc. 4/30/2028 30,653 4.1%   Josephson 12/31/2032
Loan 13 20 The View Apartments N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   21 1458 Ocean Dr / 1437 Collins Ave 1,915 15.3%   Vibe of Miami 9/30/2024 1,277 10.2%   ASTA Parking 7/31/2021 1     N/A N/A
Loan 5, 8 22 Eleven Seventeen Perimeter 25,566 6.5%   John Snellings Insurance Agency, Inc. 2/28/2025 15,314 3.9%   EMC Corporation 6/30/2020 15,107 3.8%   The Stonehill Group, Inc. 11/30/2027
Loan   23 Bradenton Financial Center 20,886 17.9%   Merrill Lynch 9/30/2023 16,760 14.3%   Mauldin & Jenkins 1/31/2026 11,502 9.8%   Morgan Stanley 12/31/2022
Loan   24 Niles Retail Center 32,058 26.6%   Harbor Freight 1/31/2028 14,582 12.1%   Lands’ End, Inc. 1/31/2023 9,000 7.5%   Firestone Auto Care 6/30/2032
Loan   25 Maplewood Apartments N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   26 Home2Suites - Menomonee Falls N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   27 Cassens Business Center 42,449 32.1%   Hiab USA, Inc. (Refurbishment Division) 7/16/2027 25,440 19.2%   Hiab USA, Inc. (Services Division) 7/16/2027 21,870 16.5%   N/A N/A
Loan 13, 22 28 La Privada Apartments N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 5 29 AC by Marriott San Jose N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 7, 11 30 Brookwood Square 4,200 30.9%   Jimmy Johns 3/31/2020 1,750 12.9%   Cricket Wireless 8/31/2021 1,680 12.4%   Rio Brazilian Wax 6/30/2020
Loan 7, 11 31 3901 Bolger Road 2,100 25.0%   Smoothie King 1/20/2029 1,400 16.7%   Lady Janes 7/30/2029 1,400 16.7%   N/A N/A
Loan 7, 11 32 Michigan Road Shoppes 2,798 33.7%   Panda Express 11/30/2026 2,398 28.8%   N/A N/A N/A N/A   N/A N/A
Loan 6, 7 33 Brooklyn Multifamily Portfolio I                              
Property   33.01 2149 Cortelyou Rd. N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   33.02 210 Broadway N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   33.03 1235 Halsey St. N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Property   33.04 1324 Hancock St. N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 7, 12 34 Shoppes at Holly Springs 5,000 11.5%   Sninsky & Schmitt Family Dentistry 1/31/2021 4,000 9.2%   The Tumble Gym 10/31/2020 4,000 9.2%   Michelangelo’s Pizzeria 12/31/2023
Loan 7, 12 35 Jefferson Square 4,633 11.6%   Cato 1/31/2021 4,480 11.2%   Shoe Show 3/31/2024 4,144 10.4%   U.S. Cellular 10/31/2021
Loan 23 36 Best Western Plus South Bay Hotel N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   37 Lakecrest-Southpointe Portfolio 8,248 6.8%   Impulse Point 12/31/2019 5,476 4.5%   Global Safety Management 10/31/2021 5,292 4.4%   Green Dot Corporation 3/31/2020
Loan   38 Food Lion Mount Airy 24,705 25.1%   Southern States 3/31/2022 12,800 13.0%   Advance Auto 10/31/2021 6,968 7.1%   Mr. Tire 12/31/2024
Loan   39 Crossing Pointe Shoppes 6,978 29.7%   Dental One, Inc. 7/25/2027 3,375 14.4%   Taziki’s Mediterranean Café 9/25/2029 3,100 13.2%   N/A N/A
Loan 24 40 Best Western Sanford Airport N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   41 Sunnyside Retail Center 25,160 26.9%   Planet Fitness 12/31/2034 19,417 20.8%   Aaron’s Rent-to-Own 10/31/2021 8,705 9.3%   China Buffet 4/30/2023
Loan   42 Greenwood Heights N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 9 43 Tatum Plaza 3,550 12.1%   Babbo Italian Eatery 4/30/2020 3,532 12.0%   Elements Massage 1/31/2022 2,600 8.8%   Flair Gifts & Boutique 8/31/2020
Loan 9 44 Tatum Ranch Crossing 3,112 10.0%   Jack in the Box 1/31/2020 2,860 9.2%   Pieh Tool Company 3/31/2028 2,356 7.6%   Tatum Ranch Dental 2/29/2020
Loan 9 45 Shadow Creek Marketplace 2,660 9.4%   Golden Phoenix 12/31/2023 2,400 8.5%   Staples Dentistry 5/31/2020 2,400 8.5%   Organic Dry Cleaners 1/31/2020
Loan   46 The Nash Building 5,000 10.5%   Footnote Event Space 6/30/2027 4,965 10.4%   Bookmarks 12/26/2026 4,600 9.7%   Frogman Group, Inc. 5/1/2024
Loan   47 3115 Fry Road 9,321 11.5%   Species Gym, LLC 12/31/2023 7,267 9.0%   Life Changer Community Church 12/31/2021 6,000 7.4%   Schmidt Electric Company, Inc. 4/30/2021
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   49 102 Washington Place N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan 7 50 Woodland Square Apartments N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   51 Union Avenue 9,518 9.0%   Sharebaby Inc 9/30/2023 9,482 9.0%   Anything Wood & Metal, LLC 12/31/2022 9,045 8.6%   A Workshop of our Own 8/30/2024
Loan   52 Briarwood Apartments N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A
Loan   53 Greensburg Park Self Storage N/A N/A   N/A N/A N/A N/A   N/A N/A N/A N/A   N/A N/A

 

A-1-7

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name 5th Largest
Tenant NSF
5th Largest
Tenant
% of NSF
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Replacement
Reserve Cap
Upfront TI/LC
 Reserves
Monthly TI/LC
Reserves
TI/LC
Reserve Cap
Upfront Tax
 Reserves
Monthly Tax
 Reserves
Upfront
Insurance Reserves
Monthly
Insurance
Reserves
Upfront
Deferred Maint.
Reserve
Initial Other
Reserves
Loan 5, 8 1 Grand Canal Shoppes 24,378 3.2%   $0 $0 $386,928 $12,309,694 $0 $2,321,544 $0 $0 $0 $0 $0 $1,218,246
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio       $0 $24,687 $592,492 $3,000,000 $0 $3,000,000 $680,770 $226,923 $0 $0 $0 $729,724
Property   2.01 The Springs 28,245 7.1%                          
Property   2.02 Summerwood 24,000 13.4%                          
Property   2.03 Food 4 Less – Target Center 1,500 0.8%                          
Property   2.04 El Super Center 12,294 10.5%                          
Property   2.05 Island Plaza 4,000 5.1%                          
Property   2.06 Baldwin Park Promenade 2,000 4.0%                          
Property   2.07 Lynwood Plaza 3,920 5.2%                          
Property   2.08 El Cajon (CVS) 700 2.3%                          
Property   2.09 Loma Vista 1,520 1.6%                          
Property   2.10 MLK Medical N/A N/A                          
Property   2.11 Hawthorne Plaza N/A N/A                          
Property   2.12 Five Points Plaza 2,275 2.5%                          
Property   2.13 Towne Center Square N/A N/A                          
Property   2.14 Camarillo 1,160 11.2%                          
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park N/A N/A   $0 $79,022 $0 $0 $0 $0 $275,906 $68,977 $38,455 $12,818 $0 $50,000
Loan 5, 13 4 125 Borinquen Place N/A N/A   $0 $2,083 $75,000 $0 $0 $0 $52,429 $8,738 $54,594 $6,066 $0 $0
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II       $0 $40,797 $0 $0 $0 $0 $950,268 $112,167 $83,002 $27,620 $0 $1,939,245
Property   5.01 Courtyard Horseheads N/A N/A                          
Property   5.02 Home2 Suites Oswego N/A N/A                          
Property   5.03 Holiday Inn & Suites Rochester Marketplace N/A N/A                          
Property   5.04 Hampton Inn Corning Painted Post N/A N/A                          
Property   5.05 Home2 Suites Rochester Henrietta N/A N/A                          
Property   5.06 Holiday Inn Express Olean N/A N/A                          
Property   5.07 Fairfield Inn Watertown N/A N/A                          
Property   5.08 Holiday Inn Express Canandaigua N/A N/A                          
Property   5.09 Candlewood Suites Watertown N/A N/A                          
Property   5.10 Candlewood Suites Sayre N/A N/A                          
Loan 17 6 617-625 West 46th Street 4,000 8.1%   $0 $720 $0 $0 $4,125 $247,500 $52,500 $52,500 $53,250 $0 $0 $5,000,000
Loan 5, 13 7 Tower 28 N/A N/A   $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $60,000 $0
Loan 13 8 North Carolina Technical Park N/A N/A   $0 $0 $0 $2,800,000 $0 $2,800,000 $168,093 $21,012 $17,125 $5,708 $0 $0
Loan   9 Brotman Physicians Plaza 2,419 5.0%   $0 $1,011 $36,379 $0 $5,053 $181,894 $64,607 $9,230 $26,187 $2,381 $28,629 $0
Loan   10 Wheatland Towne Crossing 12,000 5.8%   $0 $2,586 $0 $500,000 $0 $500,000 $308,234 $61,647 $0 $0 $0 $221,050
Loan 6 11 West Palm Beach Industrial       $0 $0 $0 $0 $3,472 $0 $206,008 $22,890 $43,682 $11,678 $58,605 $0
Property   11.01 West Palm Beach 3,156 1.6%                          
Property   11.02 Dania Beach N/A N/A                          
Loan 5, 18 12 FedEx Niles N/A N/A   $0 $0 $0 $0 $0 $76,612 $1,338,626 $0 $3,033 $0 $0 $89,085
Loan 19 13 DoubleTree Princeton N/A N/A   $0 $28,278 $0 $0 $0 $0 $45,052 $15,017 $23,176 $7,725 $2,813 $1,080,000
Loan 20 14 Marriott Metairie at Lakeway N/A N/A   $0 Monthly FF&E reserves equal 1/12 of 2.0% of annual gross revenues from 7/1/2019 to 6/1/2020, 3.0% from 7/1/2020 to 6/1/2021, and 4.0% thereafter, currently $18,856 monthly $0 $0 $0 $0 $195,706 $32,618 $0 $0 $5,688 $1,250,000
Loan 6, 7 15 UES Multi Portfolio       $0 $845 $25,000 $0 $0 $0 $73,822 $36,911 $16,799 $2,800 $19,875 $0
Property   15.01 1494 2nd Avenue N/A N/A                          
Property   15.02 1496 2nd Avenue N/A N/A                          
Property   15.03 304 East 78th Street N/A N/A                          
Loan   16 Courtyard Plaza 15,260 7.9%   $98,117 $0 $98,117 $400,000 $0 $400,000 $161,370 $23,053 $116,937 $10,631 $0 $74,433
Loan 21 17 3 Independence Way 8,640 7.6%   $0 $1,900 $0 $2,000,000 $9,500 $0 $49,043 $24,522 $6,807 $1,361 $434,750 $514,000
Loan 5 18 Legacy Tower 17,225 5.2%   $0 $9,542 $343,500 $0 $25,503 $918,114 $153,920 $76,960 $0 $0 $0 $2,236,142
Loan 5 19 3 Columbus Circle 22,742 3.0%   $0 $0 $1,000,000 $0 $0 $5,000,000 $0 $0 $0 $0 $0 $2,668,685
Loan 13 20 The View Apartments N/A N/A   $0 $917 $0 $0 $0 $0 $156 $156 $16,710 $2,785 $41,250 $160,000
Loan   21 1458 Ocean Dr / 1437 Collins Ave N/A N/A   $0 $156 $0 $0 $522 $0 $0 $3,570 $0 $0 $9,750 $77,637
Loan 5, 8 22 Eleven Seventeen Perimeter 14,388 3.7%   $0 $0 $0 $2,500,000 $81,818 $1,000,000 $157,358 $78,679 $4,961 $4,961 $49,375 $2,210,137
Loan   23 Bradenton Financial Center 8,651 7.4%   $421,837 $1,947 $0 $400,000 $2,434 $0 $151,872 $16,875 $45,044 $4,504 $128,163 $49,000
Loan   24 Niles Retail Center 5,817 4.8%   $0 $1,672 $60,195 $0 $5,018 $120,424 $180,991 $30,165 $0 $0 $12,325 $280,675
Loan   25 Maplewood Apartments N/A N/A   $0 $6,727 $0 $0 $0 $0 $72,242 $9,030 $5,845 $5,845 $10,938 $818,000
Loan   26 Home2Suites - Menomonee Falls N/A N/A   $0 $5,380 $0 $0 $0 $0 $57,198 $9,533 $8,848 $1,770 $0 $0
Loan   27 Cassens Business Center N/A N/A   $0 $1,102 $39,684 $0 $2,756 $0 $101,264 $35,442.46 for first four payment dates and thereafter $20,252.83 $8,130 $2,710 $0 $63,780
Loan 13, 22 28 La Privada Apartments N/A N/A   $1,866,889 $5,000 $0 $0 $0 $0 $151,290 $25,215 $18,271 $6,090 $0 $320,000
Loan 5 29 AC by Marriott San Jose N/A N/A   $0 1/12 of 4% of gross income for the prior calendar year $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 7, 11 30 Brookwood Square 1,400 10.3%   $0 $226 $0 $0 $849 $250,000 $14,234 $1,582 $4,513 $1,128 $0 $0
Loan 7, 11 31 3901 Bolger Road N/A N/A   $0 $140 $0 $0 $525 $250,000 $19,968 $3,328 $2,855 $714 $0 $17,000
Loan 7, 11 32 Michigan Road Shoppes N/A N/A   $0 $284 $0 $0 $520 $250,000 $2,567 $1,283 $2,803 $701 $0 $0
Loan 6, 7 33 Brooklyn Multifamily Portfolio I       $31,038 $1,035 $62,075 $2,750 $92 $0 $23,000 $7,667 $13,640 $2,820 $103,080 $0
Property   33.01 2149 Cortelyou Rd. N/A N/A                          
Property   33.02 210 Broadway N/A N/A                          
Property   33.03 1235 Halsey St. N/A N/A                          
Property   33.04 1324 Hancock St. N/A N/A                          
Loan 7, 12 34 Shoppes at Holly Springs 2,400 5.5%   $0 $545 $0 $65,000 $2,726 $65,426 $42,252 $7,042 $0 $0 $0 $36,000
Loan 7, 12 35 Jefferson Square 3,500 8.8%   $0 $867 $0 $35,000 $2,494 $59,859 $13,885 $3,471 $0 $0 $0 $0
Loan 23 36 Best Western Plus South Bay Hotel N/A N/A   $0 $10,436 $0 $0 $0 $0 $26,775 $8,925 $9,195 $3,065 $17,875 $1,250,000
Loan   37 Lakecrest-Southpointe Portfolio 5,234 4.3%   $42,867 $2,960 $0 $1,279,516 $12,565 $500,000 $51,115 $12,779 $28,278 $5,656 $257,136 $0
Loan   38 Food Lion Mount Airy 6,156 6.3%   $0 $1,229 $0 $100,000 $4,098 $300,000 $10,901 $10,901 $0 $0 $0 $245,000
Loan   39 Crossing Pointe Shoppes N/A N/A   $0 $294 $0 $0 $1,959 $70,509 $14,646 $4,882 $2,772 $924 $0 $179,800
Loan 24 40 Best Western Sanford Airport N/A N/A   $0 $8,097 $0 $0 $0 $0 $15,834 $7,917 $26,400 $2,933 $4,510 $48,138
Loan   41 Sunnyside Retail Center 6,370 6.8%   $0 $1,168 $0 $0 $3,894 $200,000 $10,500 $3,500 $5,737 $1,912 $0 $54,362
Loan   42 Greenwood Heights N/A N/A   $0 $138 $0 $0 $688 $0 $15,173 $5,058 $2,610 $870 $0 $75,000
Loan 9 43 Tatum Plaza 2,100 7.1%   $0 $393 $0 $100,000 $0 $100,000 $24,269 $6,067 $0 $0 $0 $80,629
Loan 9 44 Tatum Ranch Crossing 1,645 5.3%   $0 $594 $0 $100,000 $0 $100,000 $20,877 $5,219 $0 $0 $0 $9,460
Loan 9 45 Shadow Creek Marketplace 2,100 7.4%   $0 $283 $0 $100,000 $0 $100,000 $16,386 $3,277 $0 $0 $0 $0
Loan   46 The Nash Building 4,500 9.5%   $0 $793 $0 $100,000 $0 $100,000 $24,497 $3,500 $2,354 $1,177 $0 $20,000
Loan   47 3115 Fry Road 6,000 7.4%   $45,000 $0 $45,000 $150,000 $0 $150,000 $46,575 $9,315 $19,170 $2,739 $0 $0
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area N/A N/A   $13,995 $13,995 $0 $0 $0 $0 $19,968 $9,984 $39,421 $4,380 $11,438 $750,000
Loan   49 102 Washington Place N/A N/A   $5,000 $140 $5,000 $3,600 $50 $3,600 $58,333 $8,333 $5,697 $438 $0 $0
Loan 7 50 Woodland Square Apartments N/A N/A   $0 $1,818 $0 $0 $0 $0 $23,931 $3,419 $16,275 $2,325 $34,900 $0
Loan   51 Union Avenue 6,398 6.1%   $250,000 $1,250 $0 $0 $4,627 $150,000 $49,423 $4,942 $10,668 $0 $4,375 $0
Loan   52 Briarwood Apartments N/A N/A   $0 $1,167 $0 $0 $0 $0 $6,983 $6,983 $8,190 $1,638 $1,250 $0
Loan   53 Greensburg Park Self Storage N/A N/A   $0 $731 $0 $0 $0 $0 $2,936 $2,936 $2,535 $845 $2,625 $500

 

A-1-8

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Ongoing Other
Reserves
Other Reserves Description   Appraisal
Report Date
Environmental
Phase I
Report Date
Environmental
Phase II
Report Date
Engineering
Report Date
Seismic
Report Date
Seismic Zone (Y/N) PML %   Cut-off Date
Pari Passu Mortgage
Debt Balance
Coop - Committed Secondary Debt Cut-off Date
Subord. Mortgage
Debt Balance
Loan 5, 8 1 Grand Canal Shoppes $0 Gap Rent   5/30/2019 5/15/2019 N/A 3/18/2019 N/A No N/A   $690,000,000   $215,000,000
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio $0 Outstanding Free Rent Reserve                   $154,785,000    
Property   2.01 The Springs       3/26/2019 3/27/2019 N/A 3/7/2019 3/7/2019 Yes - 4 14.0%        
Property   2.02 Summerwood       4/8/2019 3/8/2019 N/A 3/6/2019 3/5/2019 Yes - 4 13.0%        
Property   2.03 Food 4 Less – Target Center       4/9/2019 3/25/2019 N/A 3/6/2019 3/5/2019 Yes - 4 14.0%        
Property   2.04 El Super Center       3/22/2019 3/6/2019 N/A 3/6/2019 3/6/2019 Yes - 4 12.0%        
Property   2.05 Island Plaza       3/22/2019 3/6/2019 N/A 3/6/2019 3/6/2019 Yes - 4 14.0%        
Property   2.06 Baldwin Park Promenade       3/21/2019 3/6/2019 N/A 3/6/2019 3/6/2019 Yes - 4 11.0%        
Property   2.07 Lynwood Plaza       3/22/2019 3/7/2019 N/A 3/6/2019 3/5/2019 Yes - 4 15.0%        
Property   2.08 El Cajon (CVS)       4/8/2019 3/11/2019 N/A 3/8/2019 3/8/2019 Yes - 4 13.0%        
Property   2.09 Loma Vista       3/23/2019 3/12/2019 N/A 3/8/2019 3/6/2019 Yes - 4 16.0%        
Property   2.10 MLK Medical       3/24/2019 3/5/2019 N/A 3/6/2019 3/7/2019 Yes - 4 15.0%        
Property   2.11 Hawthorne Plaza       3/22/2019 4/3/2019 N/A 3/6/2019 3/5/2019 Yes - 4 14.0%        
Property   2.12 Five Points Plaza       3/21/2019 3/8/2019 N/A 3/14/2019 3/6/2019 Yes - 4 17.0%        
Property   2.13 Towne Center Square       3/20/2019 3/7/2019 N/A 3/6/2019 3/6/2019 Yes - 4 14.0%        
Property   2.14 Camarillo       3/21/2019 3/6/2019 N/A 3/8/2019 3/6/2019 Yes - 4 11.0%        
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park $0 Rent Reserve   6/5/2019 5/17/2019 N/A 5/17/2019 N/A No N/A   $38,500,000    
Loan 5, 13 4 125 Borinquen Place $0 N/A   5/13/2019 5/6/2019 N/A 5/6/2019 N/A No N/A   $17,000,000    
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II Springing PIP Reserve; Ground Rent Reserve                   $33,700,000    
Property   5.01 Courtyard Horseheads       5/14/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Property   5.02 Home2 Suites Oswego       5/14/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Property   5.03 Holiday Inn & Suites Rochester Marketplace       6/7/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Property   5.04 Hampton Inn Corning Painted Post       5/14/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Property   5.05 Home2 Suites Rochester Henrietta       6/7/2019 5/10/2019 N/A 5/1/2019 N/A No N/A        
Property   5.06 Holiday Inn Express Olean       5/17/2019 5/10/2019 N/A 5/1/2019 N/A No N/A        
Property   5.07 Fairfield Inn Watertown       6/17/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Property   5.08 Holiday Inn Express Canandaigua       5/31/2019 5/2/2019 N/A 5/1/2019 N/A No N/A        
Property   5.09 Candlewood Suites Watertown       5/17/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Property   5.10 Candlewood Suites Sayre       6/7/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Loan 17 6 617-625 West 46th Street $0 Holdback Reserve   6/12/2019 4/29/2019 N/A 6/19/2019 N/A No N/A        
Loan 5, 13 7 Tower 28 $0 N/A   1/29/2019 1/10/2019 N/A 1/10/2019 N/A No N/A   $86,000,000   $53,000,000
Loan 13 8 North Carolina Technical Park $0 N/A   6/21/2019 6/7/2019 N/A 6/7/2019 N/A No N/A        
Loan   9 Brotman Physicians Plaza $0 N/A   5/29/2019 5/13/2019 N/A 5/28/2019 5/28/2019 Yes - 4 18.0%        
Loan   10 Wheatland Towne Crossing $0 Outstanding Obligations Fund   5/1/2019 4/24/2019 N/A 4/23/2019 N/A No N/A        
Loan 6 11 West Palm Beach Industrial $0 N/A                        
Property   11.01 West Palm Beach       6/4/2019 5/22/2019 N/A 5/23/2019 N/A No N/A        
Property   11.02 Dania Beach       6/4/2019 5/15/2019 N/A 5/14/2019 N/A No N/A        
Loan 5, 18 12 FedEx Niles $0 Environmental Deductible Reserve; Environmental Policy Reserve   3/26/2019 4/30/2019 N/A 4/26/2019 N/A No N/A   $30,000,000    
Loan 19 13 DoubleTree Princeton $16,667 PIP  Reserve; Seasonality Reserve   5/30/2019 5/8/2019 N/A 5/8/2019 N/A No N/A        
Loan 20 14 Marriott Metairie at Lakeway $0 PIP Reserve   3/29/2019 3/19/2019 N/A 3/19/2019 N/A No N/A        
Loan 6, 7 15 UES Multi Portfolio $0 N/A                        
Property   15.01 1494 2nd Avenue       6/20/2019 6/17/2019 N/A 6/17/2019 N/A No N/A        
Property   15.02 1496 2nd Avenue       6/20/2019 6/13/2019 N/A 6/14/2019 N/A No N/A        
Property   15.03 304 East 78th Street       6/20/2019 6/13/2019 N/A 6/17/2019 N/A No N/A        
Loan   16 Courtyard Plaza $0 Outstanding TI/LC Reserve   4/16/2019 3/21/2019 N/A 3/21/2019 N/A No N/A        
Loan 21 17 3 Independence Way $0 Leasing Holdback Reserve; NetElixir Holdback Reserve   3/26/2019 3/26/2019 N/A 3/25/2019 N/A No N/A        
Loan 5 18 Legacy Tower $0 Woods Free Rent Reserve Funds; Lacey Katzen Outstanding Tenant Improvement Allowance; Lacey Katzen Free Rent Reserve Funds; KeyBank Rent; KeyBank Outstanding; Underberg Outstanding Tenant Improvement Allowance   4/25/2019 3/21/2019 N/A 5/17/2019 N/A No N/A   $8,500,000    
Loan 5 19 3 Columbus Circle $0 Outstanding TI/LC Reserve; Free Rent Reserve   2/14/2019 1/22/2019 N/A 1/22/2019 N/A No N/A   $477,500,000   $105,000,000
Loan 13 20 The View Apartments $0 Free Rent Reserve   4/30/2019 5/3/2019 N/A 5/3/2019 N/A No N/A        
Loan   21 1458 Ocean Dr / 1437 Collins Ave $12,500 Front Porch Rent Reserve; Master Declaration Static Reserve; Liquidity Reserve Monthly   5/19/2019 1/3/2019 N/A 1/3/2019 N/A No N/A        
Loan 5, 8 22 Eleven Seventeen Perimeter $0 Rent Concession Funds; Outstanding TI/LC Allowances; Future Gap Rent   5/16/2019 5/3/2019 N/A 5/6/2019 N/A No N/A   $32,000,000    
Loan   23 Bradenton Financial Center $0 Mauldin Rent Credit; Environmental Reserve   5/23/2019 5/23/2019 N/A 5/24/2019 N/A No N/A        
Loan   24 Niles Retail Center $0 Environmental Escrow Reserve; Hobby Lobby Outstanding TI/LC Reserve; Lands End Outstanding TI/LC Reserve   4/6/2019 3/27/2019 N/A 3/25/2019 N/A No N/A        
Loan   25 Maplewood Apartments $0 Capital Improvement Reserve; Radon Reserve   5/17/2019 5/9/2019 N/A 5/8/2019 N/A No N/A        
Loan   26 Home2Suites - Menomonee Falls $0 N/A   5/22/2019 4/10/2019 N/A 4/10/2019 N/A No N/A        
Loan   27 Cassens Business Center $0 Gap Rent Reserve   5/9/2019 5/8/2019 N/A 5/8/2019 N/A No N/A        
Loan 13, 22 28 La Privada Apartments $0 Earnout Funds   5/29/2019 3/25/2019 N/A 3/26/2019 N/A No N/A        
Loan 5 29 AC by Marriott San Jose $0 N/A   3/26/2019 4/3/2018 N/A 4/23/2018 3/14/2019 Yes - 4 9.0%   $50,000,000    
Loan 7, 11 30 Brookwood Square $0 N/A   3/27/2019 2/22/2019 N/A 2/22/2019 N/A No N/A        
Loan 7, 11 31 3901 Bolger Road $0 Free Rent Reserve   3/15/2019 2/22/2019 N/A 2/22/2019 N/A No N/A        
Loan 7, 11 32 Michigan Road Shoppes $0 N/A   3/14/2019 2/22/2019 N/A 2/22/2019 N/A No N/A        
Loan 6, 7 33 Brooklyn Multifamily Portfolio I $0 N/A                        
Property   33.01 2149 Cortelyou Rd.       3/29/2019 3/22/2019 N/A 3/22/2019 N/A No N/A        
Property   33.02 210 Broadway       4/15/2019 3/22/2019 N/A 3/22/2019 N/A No N/A        
Property   33.03 1235 Halsey St.       3/29/2019 3/22/2019 N/A 3/12/2019 N/A No N/A        
Property   33.04 1324 Hancock St.       3/29/2019 3/22/2019 N/A 3/22/2019 N/A No N/A        
Loan 7, 12 34 Shoppes at Holly Springs $0 Outstanding TI Allowances   4/22/2019 4/11/2019 N/A 4/10/2019 N/A No N/A        
Loan 7, 12 35 Jefferson Square $0 N/A   4/25/2019 4/11/2019 N/A 4/11/2019 N/A No N/A        
Loan 23 36 Best Western Plus South Bay Hotel $0 PIP Funds; Holdback Funds   4/15/2019 4/4/2019 N/A 4/4/2019 4/4/2019 Yes - 4 13.0%        
Loan   37 Lakecrest-Southpointe Portfolio $0 N/A   4/12/2019; 3/14/2019 4/10/2019 N/A 4/10/2019; 4/11/2019 N/A No N/A        
Loan   38 Food Lion Mount Airy $0 Ace Outstanding TI/LC; Southern States Monument Sign   4/24/2019 4/16/2019 N/A 4/16/2019 N/A No N/A        
Loan   39 Crossing Pointe Shoppes $0 Existing TI/LC Reserve Fund   5/13/2019 4/17/2019 N/A 4/16/2019 N/A No N/A        
Loan 24 40 Best Western Sanford Airport $0 Seasonality Reserve; Franchise Fee Reserve   6/17/2019 3/7/2019 N/A 3/7/2019 N/A No N/A        
Loan   41 Sunnyside Retail Center $0 Planet Fitness Free Rent Reserve   3/25/2019 3/15/2019 N/A 3/15/2019 3/15/2019 No 7.0%        
Loan   42 Greenwood Heights $0 Missing C/O Reserve   4/24/2019 4/19/2019 N/A 4/19/2019 N/A No N/A        
Loan 9 43 Tatum Plaza $0 Little Gym Unpaid TI/LC Reserve   5/30/2019 5/22/2019 N/A 5/22/2019 N/A No N/A        
Loan 9 44 Tatum Ranch Crossing $0 Anytime Fitness Unpaid LC Reserve   5/30/2019 5/22/2019 N/A 5/22/2019 N/A No N/A        
Loan 9 45 Shadow Creek Marketplace $0 N/A   5/31/2019 5/22/2019 N/A 5/22/2019 N/A No N/A        
Loan   46 The Nash Building $0 Fifth Letter, Inc. Reserve   5/20/2019 5/1/2019 N/A 5/1/2019 N/A No N/A        
Loan   47 3115 Fry Road $0 N/A   4/17/2019 3/26/2019 N/A 3/26/2019 N/A No N/A        
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area $35,714 Debt Yield Holdback Reserve; Seasonality Reserve   2/7/2019 12/20/2018 N/A 12/21/2018 N/A No N/A        
Loan   49 102 Washington Place $0 N/A   2/20/2019 1/28/2019 N/A 1/28/2019 N/A No N/A        
Loan 7 50 Woodland Square Apartments $0 N/A   5/6/2019 3/21/2019 N/A 3/21/2019 N/A No N/A        
Loan   51 Union Avenue $0 N/A   4/30/2019 4/16/2019 N/A 4/16/2019 N/A No N/A        
Loan   52 Briarwood Apartments $0 N/A   4/24/2019 4/16/2019 N/A 4/16/2019 N/A No N/A        
Loan   53 Greensburg Park Self Storage $0 Environmental Escrow Reserve   4/4/2019 4/16/2019 N/A 4/16/2019 N/A No N/A        

 

A-1-9

 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Total Mortgage
Debt Cut-off
Date LTV Ratio
Total Mortgage
Debt UW
NCF DSCR
Total Mortgage
Debt UW NOI
Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date
LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
  Coop - Rental Value Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/
Investor Carry
Loan 5, 8 1 Grand Canal Shoppes 59.5% 1.67x 7.5%                          
Loan 5, 6, 7, 10, 14 2 SoCal Retail Portfolio 52.0% 2.28x 9.9%                          
Property   2.01 The Springs                                
Property   2.02 Summerwood                                
Property   2.03 Food 4 Less – Target Center                                
Property   2.04 El Super Center                                
Property   2.05 Island Plaza                                
Property   2.06 Baldwin Park Promenade                                
Property   2.07 Lynwood Plaza                                
Property   2.08 El Cajon (CVS)                                
Property   2.09 Loma Vista                                
Property   2.10 MLK Medical                                
Property   2.11 Hawthorne Plaza                                
Property   2.12 Five Points Plaza                                
Property   2.13 Towne Center Square                                
Property   2.14 Camarillo                                
Loan 5, 15 3 Embassy Suites at Centennial Olympic Park 68.4% 1.72x 11.7%                          
Loan 5, 13 4 125 Borinquen Place 54.4% 2.00x 8.0%                          
Loan 5, 6, 7, 8, 13, 16 5 Visions Hotel Portfolio II 59.2% 2.08x 14.3%                          
Property   5.01 Courtyard Horseheads                                
Property   5.02 Home2 Suites Oswego                                
Property   5.03 Holiday Inn & Suites Rochester Marketplace                                
Property   5.04 Hampton Inn Corning Painted Post                                
Property   5.05 Home2 Suites Rochester Henrietta                                
Property   5.06 Holiday Inn Express Olean                                
Property   5.07 Fairfield Inn Watertown                                
Property   5.08 Holiday Inn Express Canandaigua                                
Property   5.09 Candlewood Suites Watertown                                
Property   5.10 Candlewood Suites Sayre                                
Loan 17 6 617-625 West 46th Street                                
Loan 5, 13 7 Tower 28 49.3% 1.49x 8.8%   $50,000,000 64.2% 1.07x 6.8%                
Loan 13 8 North Carolina Technical Park                                
Loan   9 Brotman Physicians Plaza                                
Loan   10 Wheatland Towne Crossing                                
Loan 6 11 West Palm Beach Industrial                                
Property   11.01 West Palm Beach                                
Property   11.02 Dania Beach                                
Loan 5, 18 12 FedEx Niles 54.7% 2.14x 9.4%                          
Loan 19 13 DoubleTree Princeton                                
Loan 20 14 Marriott Metairie at Lakeway                                
Loan 6, 7 15 UES Multi Portfolio                                
Property   15.01 1494 2nd Avenue                                
Property   15.02 1496 2nd Avenue                                
Property   15.03 304 East 78th Street                                
Loan   16 Courtyard Plaza                                
Loan 21 17 3 Independence Way                                
Loan 5 18 Legacy Tower 63.4% 1.44x 12.2%                          
Loan 5 19 3 Columbus Circle 55.1% 2.40x 10.2%                          
Loan 13 20 The View Apartments                                
Loan   21 1458 Ocean Dr / 1437 Collins Ave                                
Loan 5, 8 22 Eleven Seventeen Perimeter 65.8% 2.45x 11.3%                          
Loan   23 Bradenton Financial Center                                
Loan   24 Niles Retail Center                                
Loan   25 Maplewood Apartments                                
Loan   26 Home2Suites - Menomonee Falls                                
Loan   27 Cassens Business Center                                
Loan 13, 22 28 La Privada Apartments                                
Loan 5 29 AC by Marriott San Jose 59.7% 2.05x 11.4%                          
Loan 7, 11 30 Brookwood Square                                
Loan 7, 11 31 3901 Bolger Road                                
Loan 7, 11 32 Michigan Road Shoppes                                
Loan 6, 7 33 Brooklyn Multifamily Portfolio I                                
Property   33.01 2149 Cortelyou Rd.                                
Property   33.02 210 Broadway                                
Property   33.03 1235 Halsey St.                                
Property   33.04 1324 Hancock St.                                
Loan 7, 12 34 Shoppes at Holly Springs                                
Loan 7, 12 35 Jefferson Square                                
Loan 23 36 Best Western Plus South Bay Hotel                                
Loan   37 Lakecrest-Southpointe Portfolio                                
Loan   38 Food Lion Mount Airy                                
Loan   39 Crossing Pointe Shoppes                                
Loan 24 40 Best Western Sanford Airport                                
Loan   41 Sunnyside Retail Center                                
Loan   42 Greenwood Heights                                
Loan 9 43 Tatum Plaza                                
Loan 9 44 Tatum Ranch Crossing                                
Loan 9 45 Shadow Creek Marketplace                                
Loan   46 The Nash Building                                
Loan   47 3115 Fry Road                                
Loan 25, 26 48 Quality Inn Oneonta Cooperstown Area                                
Loan   49 102 Washington Place                                
Loan 7 50 Woodland Square Apartments                                
Loan   51 Union Avenue                                
Loan   52 Briarwood Apartments                                
Loan   53 Greensburg Park Self Storage                                

 

A-1-10

 

 

MSC 2019-H7
Footnotes to Annex A-1

 

(1) MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; AREF—Argentic Real Estate Finance LLC; SMC—Starwood Mortgage Capital LLC; CCRE—Cantor Commercial Real Estate Lending, L.P.; JPMCB—JPMorgan Chase Bank, National Association.
   
(2) Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this preliminary prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans which are not in occupancy or are in free rent periods.
   
(3) The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan.
   
(4) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans.
   
(5) Each of the Grand Canal Shoppes Mortgage Loan (Mortgage Loan No. 1), the SoCal Retail Portfolio Mortgage Loan (Mortgage Loan No. 2), the Embassy Suites at Centennial Olympic Park Mortgage Loan (Mortgage Loan No. 3), the 125 Borinquen Place Mortgage Loan (Mortgage Loan No. 4), the Visions Hotel Portfolio II Mortgage Loan (Mortgage Loan No. 5), the Tower 28 Mortgage Loan (Mortgage Loan No. 7), the FedEx Niles Mortgage Loan (Mortgage Loan No. 12), the Legacy Tower Mortgage Loan (Mortgage Loan No. 18), the 3 Columbus Circle Mortgage Loan (Mortgage Loan No. 19), the Eleven Seventeen Perimeter Mortgage Loan (Mortgage Loan No. 22) and the AC by Marriott San Jose Mortgage Loan (Mortgage Loan No. 29) is part of a whole loan related to the Issuing Entity. For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”,”—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans” “—The Non-Serviced Pari Passu-A/B Whole Loans,”  “The Serviced Pari Passu-A/B Whole Loan” and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this preliminary prospectus.
   
(6) With respect to Mortgage Loan No. 2, SoCal Retail Portfolio, Mortgage Loan No. 5, Visions Hotel Portfolio II, Mortgage Loan No. 11, West Palm Beach Industrial, Mortgage Loan No. 15, UES Multi Portfolio and Mortgage Loan No. 33, Brooklyn Multifamily Portfolio I, each such Mortgage Loan is secured by multiple properties.  For purposes of the statistical information set forth in this preliminary prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each mortgaged property based on the respective Appraised Values and/or Underwritten NCF, among other methods.  
   
(7) With respect to Mortgage Loan No. 2, SoCal Retail Portfolio, Mortgage Loan No. 5, Visions Hotel Portfolio II, Mortgage Loan No. 15, UES Multi Portfolio, Mortgage Loan No. 33, Brooklyn Multifamily Portfolio I, and Mortgage Loan No. 50, Woodland Square Apartments, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related Mortgage Loan, and in the case of Mortgage Loan No. 2, SoCal Retail Portfolio, permit a partial severance of the Mortgage Loan and the portfolio of Mortgaged Properties into two or more unrelated Mortgage Loans and pools of Mortgaged Properties.  With respect to Mortgage Loan No. 30, Brookwood Square, Mortgage Loan No. 31, 3901 Bolger Road, and Mortgage Loan No. 32, Michigan Road Shoppes, which are cross-collateralized and cross-defaulted, the related loan documents  permit a release of any of the related Mortgaged Properties, and a consequent release of the cross-collateralization of the related Mortgage Loan, subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a defeasance of any one of such Mortgage Loans.  With respect to Mortgage Loan No. 34, Shoppes at Holly Springs, and Mortgage Loan No. 35, Jefferson Square, the related loan documents permit a release of either of the related Mortgaged Properties, and a consequent release of the cross-collateralization of the related Mortgage Loan, upon defeasance of the principal amount of such Mortgage Loan (without a release premium). See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases, Substitutions and Additions” in this preliminary prospectus.
   
(8) With respect to  Mortgage Loan No. 1, Grand Canal Shoppes, Mortgage Loan No. 5, Visions Hotel Portfolio II and Mortgage Loan No. 22, Eleven Seventeen Perimeter, the related loan documents permit one or more anchor store, outparcel or other releases without prepayment or defeasance. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases, Substitutions and Additions” in this preliminary prospectus.

 

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(9) With respect to Mortgage Loan No. 43, Tatum Plaza, Mortgage Loan No. 44, Tatum Ranch Crossing, and Mortgage Loan No. 45, Shadow Creek Marketplace, the related mortgage loan documents permit future mezzanine financing and such rights are generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests.  See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” in this preliminary prospectus.
   
(10) With respect to Mortgage Loan No. 2, SoCal Retail Portfolio, the related loan documents permit a collateral substitution, subject to satisfaction of certain conditions. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases, Substitutions and Additions” in this preliminary prospectus.
   
(11) With respect to Mortgage Loan Nos. 30,  31 and 32, Brookwood Square, 3901 Bolger Road and Michigan Road Shoppes, the loans are cross-collateralized and cross-defaulted. For the purposes of the statistical information set forth in the preliminary prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit/Room calculations are shown on an aggregate basis.
   
(12) With respect to Mortgage Loan Nos. 34 and 35, Shoppes at Holly Springs and Jefferson Square, the loans are cross-collateralized and cross-defaulted. For the purposes of the statistical information set forth in the preliminary prospectus as to such mortgage loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Unit/Room calculations are shown on an aggregate basis.
   
(13) With respect to Mortgage Loan No. 4, 125 Borinquen Place, the Appraised Value includes $19,160,000 attributable to the net present value of a 421-a tax abatement applicable to the Mortgaged Property. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $76,440,000 appraised value, excluding the net present value of the tax abatement are 68.0%.
   
  With respect to Mortgage Loan No. 5, Visions Hotel Portfolio II, the Appraised Value is the “as is portfolio” appraised value of the Visions Hotel Portfolio II Properties as a whole, which reflects a 5.3% premium to the aggregate “as is” and “hypothetical – as complete” appraised value of the individual properties. The aggregate “as is” and “hypothetical – as complete” appraised value for the individual properties as of May 1, 2019 is $99.7 million, which results in a Cut-off Date LTV Ratio of 62.4% and a Maturity Date LTV Ratio of 50.7%. The individual Appraised Values for the Fairfield Inn Watertown and Candlewood Suites Watertown properties represent the “hypothetical – as complete” values which assume that scheduled property improvement plans have been completed at each property as of May 1, 2019. At origination, the Visions Hotel Portfolio II Borrower deposited $500,000 and $1,400,000 for PIP work at the Fairfield Inn Watertown and Candlewood Suites Watertown properties, respectively. The “as-is” appraised values for the Fairfield Inn Watertown and Candlewood Suites Watertown properties are $7,500,000 and $6,000,000, respectively. The aggregate “as is” appraised value for the individual properties as of May 1, 2019 is $97.6 million, which results in a Cut-off Date LTV Ratio of 63.7% and a Maturity Date LTV Ratio of 51.8%, respectively.
   
  With respect to Mortgage Loan No. 7, Tower 28, the Appraised Value includes $55,000,000 attributable to the net present value of a 421-a tax abatement applicable to the Mortgaged Property. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $280,000,000 appraised value, excluding the net present value of the tax abatement are 40.0% and 34.5%, respectively, for the Mortgage Loan and 58.9% and 51.3% respectively,  for the related Whole Loan.
   
  With respect to Mortgage Loan No. 8, North Carolina Technical Park, the Appraised Value is subject to the extraordinary assumption that the borrower sponsor will spend $15.00 PSF to “white-box” the vacant space consisting of 34,621 SF as of the date of the valuation.  Under the North Carolina Technical Park Mortgage Loan documents, the North Carolina Technical Park borrower is required to complete such renovations and commence the marketing of such space to prospective tenants by the payment date occurring in July 2020, or upon an extension at the lender’s discretion, by the payment date occurring in January 2021. In the event these conditions are not satisfied, the North Carolina Technical Park Borrower is required to deposit cash in an amount equal to $500,000 into an escrow.  
   
  With respect to Mortgage Loan No. 20, The View Apartments, the Appraised Value of $20,500,000 includes $2,500,000 attributable to the net present value of a 421-a tax abatement applicable to the Mortgaged Property.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $18,000,000 appraised value, excluding the net present value of the tax abatement are 67.8% and 67.8%, respectively.
   
  With respect to Mortgage Loan No. 28, La Privada Apartments, the Appraised Value of $14,400,000 is a “Prospective As Stabilized” value as of May 1, 2020, which assumes that one-third of planned unit interior renovations and all planned exterior renovations have been completed and that one-third of the units achieve estimated post renovation rental rates resulting in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 69.9% and 69.9%, respectively. At origination of the La Privada Apartments Mortgage Loan, $1,866,899 was escrowed for such proposed capital improvements.  Furthermore, the borrower sponsor provided a completion guaranty for 100% of the exterior capital work and one-third of the interior unit work within approximately one year of the loan origination date as well as the payment of all costs associated with such renovations.   The “As-Is” appraised value for the La Privada Apartments Mortgaged Property was $12,000,000 as of April 30, 2019, which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 83.9% and 83.9%, respectively.  

 

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(14) With respect to Mortgage Loan No. 2, SoCal Retail Portfolio, the borrowers escrowed an initial TI/LC reserve of $3,000,000 at closing and are required to escrow monthly TI/LC reserves of $123,435.92, upon the TI/LC reserve balance being less than $1,000,000, subject to a cap of $3,000,000.
   
(15) With respect to Mortgage Loan No. 3, Embassy Suites at Centennial Olympic Park, the Mortgaged Property contains 17,205 SF of retail space, which is included in Underwritten NOI, Most Recent NOI, Second Most Recent NOI and Third Most Recent NOI, but is not included in Occupancy.
   
(16) With respect to Mortgage Loan No. 5, Visions Hotel Portfolio II, the borrowers are required to make monthly FF&E deposits equal to 1/12 of: (i) 2% of annual gross revenue for the first two years of the loan term, (ii) 3% of annual gross revenue for the third, fourth and fifth years of the loan term and (iii) 4% of annual gross revenue thereafter.
   
(17) With respect to Mortgage Loan No. 6, 617-625 West 46th Street, the Cut-off Date LTV Ratio, Underwritten NOI Debt Yield, and Underwritten NCF Debt Yield are calculated based on the gross loan amount of $28,000,000. The Cut-off Date LTV Ratio, Underwritten NOI Debt Yield, and Underwritten NCF Debt Yield calculated net of the $5,000,000 Holdback Reserve are 51.9%, 9.9%, and 9.7%, respectively.
   
(18) With respect to Mortgage Loan No. 12, FedEx Niles, the mortgage loan and the related whole loan accrues interest at a rate of 4.2320% per annum (the “Initial Interest Rate”) through the anticipated repayment date of June 1, 2029 (the “ARD”). After the ARD, the related whole loan will accrue interest at a per annum rate (the “Adjusted  Rate”), equal to the lesser of (i) the Initial Interest Rate plus 4.0000%, and (ii) the greater of (a) the Initial Interest Rate plus 2.5000% and (b) the Treasury Rate (as defined below) plus 2.5000%. In addition, on each monthly payment date after the ARD, (i) the related whole loan requires a constant monthly payment of $228,262.31, to be applied first to interest at the Initial Interest Rate and then to principal, and (ii) all excess cash flow from the mortgaged property  is required to be collected by the lender and applied to reduce the principal balance of the related whole loan until the entire outstanding  principal balance of the related whole loan is paid in full, and then to pay accrued interest on the  related whole loan which has accrued at the excess of the Adjusted Rate over the Initial Interest Rate (“Excess Interest”) and has been deferred until repayment of the related whole loan. “Treasury Rate” means, as of the ARD, the yield, calculated by the lender by linear interpolation (rounded to the nearest 0.001%) of the yields of non-inflation adjusted noncallable United States Treasury obligations with terms (one longer and one shorter) most nearly approximating the period from such date of determination to the final maturity date, as determined by the lender on the basis of Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Governmental Security/Treasury Constant Maturities, or another recognized source of financial market information selected by the lender.
   
(19) With respect to Mortgage Loan No. 13, DoubleTree Princeton, a seasonality reserve in the amount of $80,000 was established at origination.  In addition, the related loan documents provide that the borrower will pay to the lender (i) $16,667 for the seasonality reserve on each payment date occurring in September 2019, October 2019 and November 2019 and (ii) to the extent that the amount of funds on deposit in the seasonality reserve is less than $130,000 on any payment date, an amount such that the amount of funds on deposit in the seasonality reserve is at least $130,000.
   
(20) With respect to Mortgage Loan No. 14, Marriott Metairie at Lakeway, the borrower is required to make monthly FF&E deposits equal to 1/12 of: (i) 2% of annual gross revenue for the first year of the loan term, (ii) 3% of annual gross revenue for the second year of the loan term and (iii) 4% of annual gross revenue thereafter.
   
(21) With respect to Mortgage Loan No. 17, 3 Independence Way, the borrowers escrowed an initial TI/LC reserve of $2,000,000 at closing and are required to escrow monthly TI/LC reserves of $9,500 upon the TI/LC reserve balance being less than $250,000, subject to a cap of $250,000 unless the property is (i) at least 90% occupied and (ii) at least 60% of the leases have unexpired terms that extend two years past the maturity date.
   
(22) With respect to Mortgage Loan No. 28, La Privada Apartments, the Underwritten NOI Debt Yield and Underwritten NCF Debt Yield are calculated net of the $320,000 Earnout reserve. The Underwritten NOI Debt Yield and Underwritten NCF Debt Yield without netting the Earnout reserve are 8.9% and 8.9%, respectively.
   
(23) With respect to Mortgage Loan No. 36, Best Western Plus South Bay Hotel, the borrower expects to implement a parking pass system at the Mortgaged Property.  The Mortgage Loan was structured with a $1,050,000 holdback reserve, which is required to be released to the borrower in up to two installments  if (i) the adjusted net cash flow excluding parking income and expenses (which adjusted net cash flow is calculated pursuant to the loan documents, and capped at $908,649) plus (ii) the amount of net parking income, is sufficient to produce a debt yield, after giving effect to the requested release, of not less than 11.4%.  If such conditions are not satisfied by May 22, 2021, the remaining amount of the holdback reserve is required to be applied to prepay the Mortgage Loan in such remaining amount, together with any yield maintenance then due.
   
(24) With respect to Mortgage Loan No. 40, Best Western Sanford Airport, the collateral for the Best Western Sanford Mortgage Loan consists of both the fee and leasehold interests in the Best Western Sanford Mortgaged Property. The fee and leasehold interests are both subject to the mortgage.

 

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(25) With respect to Mortgage Loan No. 48, Quality Inn Oneonta Cooperstown Area, the Underwritten NOI Debt Yield and Underwritten NCF Debt Yield are calculated net of the $500,000 Debt Yield Earnout reserve. The Underwritten NOI Debt Yield and Underwritten NCF Debt Yield without netting the Earnout reserve are 16.9% and 13.7%, respectively.
   
(26) With respect to Mortgage Loan No. 48, Quality Inn Oneonta Cooperstown Area, a seasonality reserve in the amount of $250,000 was established at origination.  In addition, the related loan documents provide that the related borrower will pay approximately $35,714 to the lender for the seasonality reserve on each payment date occurring in April, May, June, July, August, September and October during the term of the Mortgage Loan, provided that no such payment will be required if the balance of the seasonality reserve is at least $375,000 on any payment date.
   
A. “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of any applicable prepayment, or (b) the present value as of the Prepayment Date of the Calculated Payments determined by discounting such payments at the Discount Rate.  As used in this definition, (i) the term “Prepayment Date” means the date on which the applicable prepayment is made; (ii) the term “Calculated Payments” means the monthly payments of interest only which would be due from the Prepayment Date through the Permitted Prepayment Date based on the Principal amount of the Mortgage Loan being prepaid on the Prepayment Date and assuming an interest rate per annum in the amount, if any, by which the Interest Rate exceeds the Yield Maintenance Treasury Rate; (iii) the term “Discount Rate” means the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually.  The calculation of the Yield Maintenance Premium shall be made by the lender and shall, absent manifest error, be final, conclusive and binding upon the parties.
   
B. “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Mortgage Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Stated Maturity Date determined by discounting such payments at the Discount Rate.  As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made.  As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (y) the Interest Rate and (z) the Yield Maintenance Treasury Rate.  As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semiannually.  As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Stated Maturity Date.  In the event Release H.15 is no longer published, the lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate.  In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
C. “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Permitted Prepayment Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (y) the Initial Interest Rate and (z) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Permitted Prepayment Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall the lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
D. “Yield Maintenance Premium” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid and (ii) an amount equal to the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Stated Maturity Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (y) the Interest Rate and (z) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one

 

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  longer or one shorter) most nearly approximating the Stated Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall the lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
E. “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount or (ii)(A) during the continuance of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, one percent (1%) of the unpaid principal balance of the Note as of the Prepayment Date. “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal, if applicable, and interest from the Prepayment Date through the Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Stated Maturity Date. (In the event Release H.15 is no longer published, the lender shall select a comparable publication to determine the Treasury Rate.)
   
F. “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount or (ii)(A) during the continuance of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, one percent (1%) of the unpaid principal balance of the Note as of the Prepayment Date. “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal, if applicable, and interest from the Prepayment Date through the Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Stated Maturity Date. (In the event Release H.15 is no longer published, the lender shall select a comparable publication to determine the Treasury Rate.)
   
G. “Prepayment Fee” shall mean an amount equal to the greater of (i) the Yield Maintenance Amount or (ii)(A) during the continuance of an Event of Default, five percent (5%) of the unpaid principal balance of the Note as of the Prepayment Date or (B) otherwise, one percent (1%) of the unpaid principal balance of the Note as of the Prepayment Date. “Yield Maintenance Amount” shall mean the present value, as of the Prepayment Date, of the remaining scheduled payments of principal, if applicable, and interest from the Prepayment Date through the Stated Maturity Date (including any balloon payment) determined by discounting such payments at the Discount Rate, less the amount of principal being prepaid. “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Treasury Rate when compounded semi-annually. “Treasury Rate” shall mean the yield calculated by the linear interpolation of the yields, as reported in Federal Reserve Statistical Release H.15 Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury constant maturities with maturity dates (one longer and one shorter) most nearly approximating the Stated Maturity Date. (In the event Release H.15 is no longer published, the lender shall select a comparable publication to determine the Treasury Rate.)

 

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