FWP 1 n1918_x6-anxa1.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-228697-03

 

     
 

CF 2019-CF3

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (File No. 333-228697) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the Securities and Exchange Commission for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov. Alternatively, the depositor or Cantor Fitzgerald & Co., any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling 1-212-915-1700 or by emailing legal@ccre.com. The offered certificates referred to in these materials, and the asset pool backing them, are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis. You understand that, when you are considering the purchase of these certificates, a contract of sale will come into being no sooner than the date on which the relevant class has been priced and we have verified the allocation of certificates to be made to you; any “indications of interest” expressed by you, and any “soft circles” generated by us, will not create binding contractual obligations for you or us.

 

This free writing prospectus does not contain all information that is required to be included in the prospectus. This free writing prospectus should be reviewed only in conjunction with the entire prospectus.

 

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

 

This material is for your information, and none of Cantor Fitzgerald & Co., Deutsche Bank Securities Inc., KeyBanc Capital Markets Inc., CastleOak Securities, L.P., Drexel Hamilton, LLC or any other underwriter (the “Underwriters”) are soliciting any action based upon it. This material is not to be construed as an offer to sell or a solicitation of an offer to buy any security in any state or other jurisdiction where such an offer, solicitation or sale is not permitted. Such securities do not represent an interest in or obligation of the depositor, the sponsors, the originators, the master servicer, the special servicer, the trustee, the certificate administrator, the operating advisor, the asset representations reviewer, the controlling class representative, the companion loan holders (or their representatives), the underwriters or any of their respective affiliates. Neither such securities nor the underlying mortgage loans are insured or guaranteed by any governmental agency or instrumentality or private insurer.

 

Neither this document nor anything contained herein shall form the basis for any contract or commitment whatsoever. The information contained herein is preliminary as of the date hereof and may be amended and/or supplemented prior to the time of sale. These materials are subject to change, completion or amendment from time to time. The information contained herein will be superseded by similar information delivered to you as part of the preliminary prospectus relating to the CF 2019-CF3 Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series 2019-CF3 (the “Offering Document”). The information contained herein supersedes any such information previously delivered and should be reviewed only in conjunction with the entire Offering Document. All of the information contained herein is subject to the same limitations and qualifications contained in the Offering Document. The information contained herein does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document. The information contained herein will be more fully described elsewhere in the Offering Document. The information contained herein should not be viewed as projections, forecasts, predictions or opinions with respect to value. Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document its entirety. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this free writing prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

 

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the mortgage loan sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections, forecasts, predictions, opinions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of the Underwriters or any of their respective affiliates makes any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities.

 

This document contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause the success of collections and the actual cash flow generated to differ materially from the information set forth herein. While such information reflects projections prepared in good faith based upon methods and data that are believed to be reasonable and accurate as of the dates thereof, the depositor undertakes no obligation to revise these forward-looking statements to reflect subsequent events or circumstances. Individuals should not place undue reliance on forward-looking statements and are advised to make their own independent analysis and determination with respect to the forecasted periods, which reflect the depositor’s view only as of the date hereof.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS

 

Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

 

 
     

 

 

 

 

CF 2019-CF3

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

                                                 
      % of   Mortgage   Cut-off       General Detailed     Net Mortgage Interest Original Remaining Original Remaining   First    
Property     Initial Pool # of Loan Original Date   Maturity   Property Property Interest Administrative Interest Accrual Term to Term to Amortization Amortization Origination Payment Maturity ARD Loan
Flag ID Property Name Balance Properties Seller (1) Balance($) Balance($)   or ARD Balance($)   Type Type Rate Fee Rate (22) Rate Basis Maturity or ARD Maturity or ARD Term Term Date Date or ARD Date (Yes/No)
Loan 1 Parklawn Building 7.7% 1 KeyBank 60,800,000 60,800,000   60,800,000   Office Suburban 3.3980% 0.0230% 3.3750% Actual/360 120 119 0 0 10/25/2019 12/01/2019 11/01/2029 No
Loan 2 Century Plaza Towers 6.3% 1 CCRE 50,000,000 50,000,000   50,000,000   Office CBD 3.0045% 0.0142% 2.9903% Actual/360 120 119 0 0 10/21/2019 12/09/2019 11/09/2029 No
Loan 3 Meridian Pointe Apartments 6.3% 1 CCRE 49,975,000 49,975,000   49,975,000   Multifamily Garden 3.1600% 0.0342% 3.1258% Actual/360 120 119 0 0 10/31/2019 12/01/2019 11/01/2029 No
Loan 4 AVR Renaissance Atlanta Airport Gateway 6.1% 1 CCRE 48,000,000 48,000,000   48,000,000   Hospitality Full Service 3.6500% 0.0342% 3.6158% Actual/360 120 120 0 0 11/27/2019 01/01/2020 12/01/2029 No
Loan 5.00 DC Mixed Use Portfolio VI 4.3% 7 CCRE/SMC 33,845,500 33,845,500   33,845,500   Various Various 3.7050% 0.0142% 3.6908% Actual/360 120 120 0 0 11/19/2019 01/06/2020 12/06/2029 No
Property 5.01 623-625 H Street NW 1.2% 1 CCRE/SMC 9,334,850 9,334,850       Mixed Use Retail/Office                        
Property 5.02 1219 Connecticut Avenue NW 0.8% 1 CCRE/SMC 6,601,073 6,601,073       Retail Unanchored                        
Property 5.03 1210 18th Street NW 0.7% 1 CCRE/SMC 5,467,555 5,467,555       Mixed Use Retail/Office                        
Property 5.04 4445 Wisconsin Avenue NW 0.6% 1 CCRE/SMC 4,467,393 4,467,393       Retail Unanchored                        
Property 5.05 919 F Street NW 0.4% 1 CCRE/SMC 3,093,836 3,093,836       Mixed Use Retail/Multifamily                        
Property 5.06 8301 Sudley Road 0.3% 1 CCRE/SMC 2,547,080 2,547,080       Retail Unanchored                        
Property 5.07 707 6th Street NW 0.3% 1 CCRE/SMC 2,333,713 2,333,713       Retail Single Tenant                        
Loan 6 Wells Fargo Place 3.8% 1 SMC 30,000,000 30,000,000   30,000,000   Office CBD 3.4000% 0.0155% 3.3845% Actual/360 120 119 0 0 10/25/2019 12/06/2019 11/06/2029 No
Loan 7 225 Bush 3.6% 1 CCRE 28,600,000 28,600,000   28,600,000   Office CBD 3.3030% 0.0171% 3.2859% Actual/360 60 59 0 0 10/11/2019 12/06/2019 11/06/2024 No
Loan 8 1824 Alton Road 3.3% 1 SMC 26,150,000 26,150,000   26,150,000   Retail Anchored 4.0030% 0.0142% 3.9888% Actual/360 120 120 0 0 11/19/2019 01/06/2020 12/06/2029 No
Loan 9 180 Water 3.2% 1 CCRE 25,000,000 25,000,000   25,000,000   Multifamily High Rise 3.4104% 0.0142% 3.3961% Actual/360 60 59 0 0 10/18/2019 12/06/2019 11/06/2024 No
Loan 10 3 Columbus Circle 3.2% 1 CCRE 25,000,000 25,000,000   25,000,000   Office CBD 3.9140% 0.0155% 3.8985% Actual/360 120 111 0 0 03/12/2019 04/11/2019 03/11/2029 No
Loan 11 Park Central Tower 3.2% 1 SMC 25,000,000 25,000,000   21,069,400   Office Suburban 4.0160% 0.0442% 3.9718% Actual/360 120 120 360 360 11/07/2019 01/06/2020 12/06/2029 No
Loan 12 Airport Square 3.2% 1 CCRE 25,000,000 24,965,246   20,002,638   Office Suburban 4.2000% 0.0342% 4.1658% Actual/360 120 119 360 359 11/04/2019 12/06/2019 11/06/2029 No
Loan 13.00 Gold Brooklyn Multifamily Portfolio 3.1% 6 CCRE 24,800,000 24,800,000   24,800,000   Multifamily Mid-Rise 4.0195% 0.0342% 3.9853% Actual/360 120 120 0 0 11/08/2019 01/01/2020 12/01/2029 No
Property 13.01 81-83 Stockholm Street 0.9% 1 CCRE 6,900,000 6,900,000       Multifamily Mid-Rise                        
Property 13.02 346 Grand Street 0.6% 1 CCRE 4,950,000 4,950,000       Multifamily Mid-Rise                        
Property 13.03 731 Meeker Avenue 0.5% 1 CCRE 4,050,000 4,050,000       Multifamily Mid-Rise                        
Property 13.04 1316 Pacific Street 0.4% 1 CCRE 3,550,000 3,550,000       Multifamily Mid-Rise                        
Property 13.05 467 Central Avenue 0.4% 1 CCRE 3,400,000 3,400,000       Multifamily Mid-Rise                        
Property 13.06 169 Troutman 0.2% 1 CCRE 1,950,000 1,950,000       Multifamily Mid-Rise                        
Loan 14 Dominion Apartments 2.8% 1 KeyBank 22,000,000 22,000,000   22,000,000   Multifamily Garden 3.4800% 0.0230% 3.4570% Actual/360 120 120 0 0 11/26/2019 01/01/2020 12/01/2029 No
Loan 15 55 Talmadge 2.5% 1 CCRE 20,000,000 20,000,000   15,828,074   Industrial Warehouse/Distribution 3.8950% 0.0342% 3.8608% Actual/360 120 120 360 360 11/05/2019 01/01/2020 12/01/2029 No
Loan 16 The Block Apartments 2.5% 1 SMC 20,000,000 20,000,000   15,951,636   Multifamily Mid-Rise 4.1100% 0.0442% 4.0658% Actual/360 120 120 360 360 11/19/2019 01/06/2020 12/06/2029 No
Loan 17.00 Bushwick Avenue Portfolio 2.4% 3 SMC 19,000,000 19,000,000   19,000,000   Various Various 3.7100% 0.0142% 3.6958% Actual/360 120 117 0 0 08/09/2019 10/06/2019 09/06/2029 No
Property 17.01 340 Evergreen Avenue 1.2% 1 SMC 9,785,000 9,785,000       Multifamily Mid-Rise                        
Property 17.02 871 Bushwick Avenue 0.7% 1 SMC 5,795,000 5,795,000       Mixed Use Multifamily/Office                        
Property 17.03 889 Bushwick Avenue 0.4% 1 SMC 3,420,000 3,420,000       Multifamily Mid-Rise                        
Loan 18 Westlake Village Marketplace 2.3% 1 CCRE 18,000,000 18,000,000   18,000,000   Retail Anchored 3.1150% 0.0342% 3.0808% Actual/360 120 120 0 0 11/18/2019 01/01/2020 12/01/2029 No
Loan 19 Summervale Apartments 2.1% 1 KeyBank 16,750,000 16,750,000   16,750,000   Multifamily Garden 3.7500% 0.0230% 3.7270% Actual/360 120 120 0 0 11/21/2019 01/01/2020 12/01/2029 No
Loan 20 2450 Business Park 1.9% 1 CCRE 15,000,000 15,000,000   15,000,000   Industrial Manufacturing 4.4000% 0.0342% 4.3658% Actual/360 120 120 0 0 11/21/2019 01/01/2020 12/01/2029 No
Loan 21.00 Pretium Industrial Portfolio 1.7% 2 KeyBank 13,598,000 13,598,000   13,598,000   Industrial Flex 3.6800% 0.0230% 3.6570% Actual/360 120 119 0 0 10/02/2019 12/01/2019 11/01/2029 No
Property 21.01 Pretium - St. Charles, IL 1.4% 1 KeyBank 11,050,365 11,050,365       Industrial Flex                        
Property 21.02 Pretium - Cleveland, TN 0.3% 1 KeyBank 2,547,635 2,547,635       Industrial Flex                        
Loan 22 Kensington Place Townhomes 1.6% 1 KeyBank 12,300,000 12,300,000   10,595,178   Multifamily Garden 3.8300% 0.0630% 3.7670% Actual/360 120 119 360 360 10/31/2019 12/01/2019 11/01/2029 No
Loan 23 Sunset Business Center 1.5% 1 SMC 12,000,000 11,965,050   9,446,379   Industrial Flex 3.7500% 0.0142% 3.7358% Actual/360 120 118 360 358 10/01/2019 11/06/2019 10/06/2029 No
Loan 24 Storage Outlet - Bellflower 1.5% 1 KeyBank 11,800,000 11,800,000   9,161,729   Self Storage Self Storage 3.3850% 0.0230% 3.3620% Actual/360 120 120 360 360 11/15/2019 01/01/2020 12/01/2029 No
Loan 25.00 Bond Street 21 1.5% 2 CCRE 11,700,000 11,700,000   10,091,104   Retail Various 3.8810% 0.0342% 3.8468% Actual/360 120 119 360 360 10/09/2019 12/06/2019 11/06/2029 No
Property 25.01 Veterans Crossing East 0.9% 1 CCRE 7,177,914 7,177,914       Retail Unanchored                        
Property 25.02 Shoppes at Hamilton Crossing 0.6% 1 CCRE 4,522,086 4,522,086       Retail Shadow Anchored                        
Loan 26 Shel Mar Estates 1.2% 1 KeyBank 9,700,000 9,700,000   8,193,076   Manufactured Housing Manufactured Housing 4.0950% 0.0230% 4.0720% Actual/360 120 120 360 360 11/18/2019 01/01/2020 12/01/2029 No
Loan 27 4800 North Point Parkway 1.2% 1 SMC 9,400,000 9,400,000   7,580,297   Office Suburban 3.5370% 0.0142% 3.5228% Actual/360 120 119 360 360 10/24/2019 12/06/2019 11/06/2029 No
Loan 28 Castalia at Meadowmont 1.1% 1 CCRE 8,764,885 8,764,885   8,764,885   Office Suburban 3.6690% 0.0342% 3.6348% Actual/360 120 120 0 0 11/14/2019 01/06/2020 12/06/2029 No
Loan 29 Walmart Supercenter Lancaster 1.1% 1 CCRE 8,650,000 8,650,000   8,650,000   Retail Single Tenant 3.3500% 0.0342% 3.3158% Actual/360 120 120 0 0 11/15/2019 01/01/2020 12/01/2029 No
Loan 30 Marina del Sol 1.1% 1 CCRE 8,500,000 8,500,000   8,500,000   Multifamily Garden 3.3550% 0.0342% 3.3208% Actual/360 120 120 0 0 11/18/2019 01/01/2020 12/01/2029 No
Loan 31 545 & 547 West 20th Street 1.0% 1 SMC 8,000,000 8,000,000   8,000,000   Retail Unanchored 3.8770% 0.0542% 3.8228% Actual/360 120 120 0 0 11/12/2019 01/06/2020 12/06/2029 No
Loan 32 Auto Mall Parkway Self Storage 1.0% 1 SMC 8,000,000 8,000,000   8,000,000   Self Storage Self Storage 3.6950% 0.0630% 3.6320% Actual/360 120 119 0 0 10/31/2019 12/06/2019 11/06/2029 No
Loan 33 FedEx Ground 1.0% 1 KeyBank 8,000,000 8,000,000   8,000,000   Industrial Warehouse/Distribution 3.1700% 0.0230% 3.1470% Actual/360 120 119 0 0 10/25/2019 12/01/2019 11/01/2029 No
Loan 34 Security Self Storage 1.0% 1 SMC 7,500,000 7,500,000   7,500,000   Self Storage Self Storage 3.3500% 0.0142% 3.3358% Actual/360 120 120 0 0 11/19/2019 01/06/2020 12/06/2029 No
Loan 35 Westmoreland Medical Center 0.9% 1 KeyBank 7,247,500 7,247,500   6,628,784   Office Medical 4.4700% 0.0230% 4.4470% Actual/360 120 116 360 360 07/19/2019 09/01/2019 08/01/2029 No
Loan 36 Storage Outlet - Chino 0.9% 1 KeyBank 7,075,000 7,075,000   5,493,155   Self Storage Self Storage 3.3850% 0.0230% 3.3620% Actual/360 120 120 360 360 11/15/2019 01/01/2020 12/01/2029 No
Loan 37 30610 East Broadway 0.8% 1 KeyBank 6,630,000 6,630,000   6,630,000   Industrial Manufacturing 5.1500% 0.0230% 5.1270% Actual/360 60 59 0 0 10/28/2019 12/01/2019 11/01/2024 No
Loan 38 895 West End Avenue 0.8% 1 CCRE 6,000,000 5,989,481   4,565,753   Multifamily Cooperative 2.8750% 0.0342% 2.8408% Actual/360 120 119 360 359 10/31/2019 12/01/2019 11/01/2029 No
Loan 39 Townhomes on the Green 0.7% 1 KeyBank 5,700,000 5,691,773   4,526,424   Multifamily Garden 3.9900% 0.0230% 3.9670% Actual/360 120 119 360 359 10/29/2019 12/01/2019 11/01/2029 No
Loan 40.00 Dollar General Portfolio 0.7% 5 SMC 5,650,000 5,650,000   4,534,718   Retail Single Tenant 4.2870% 0.0542% 4.2328% Actual/360 120 120 360 360 11/20/2019 01/06/2020 12/06/2029 No
Property 40.01 Dollar General Belleview 0.2% 1 SMC 1,259,337 1,259,337       Retail Single Tenant                        
Property 40.02 Dollar General Modoc 0.1% 1 SMC 837,289 837,289       Retail Single Tenant                        
Property 40.03 Dollar General Lake City 0.2% 1 SMC 1,191,265 1,191,265       Retail Single Tenant                        
Property 40.04 Dollar General Syracuse 0.1% 1 SMC 898,554 898,554       Retail Single Tenant                        
Property 40.05 Dollar General Jacksonville 0.2% 1 SMC 1,463,554 1,463,554       Retail Single Tenant                        
Loan 41 3825 Georgia Apartments 0.7% 1 CCRE 5,400,000 5,400,000   5,400,000   Multifamily Mid-Rise 4.0200% 0.0342% 3.9858% Actual/360 120 120 0 0 11/12/2019 01/06/2020 12/06/2029 No
Loan 42 Storage Outlet - South Gate 0.6% 1 KeyBank 4,875,000 4,875,000   3,763,124   Self Storage Self Storage 3.2350% 0.0230% 3.2120% Actual/360 120 120 360 360 11/15/2019 01/01/2020 12/01/2029 No
Loan 43 Gramercy Commons 0.5% 1 KeyBank 4,127,000 4,115,770   3,290,481   Retail Unanchored 4.1000% 0.0830% 4.0170% Actual/360 120 118 360 358 09/24/2019 11/01/2019 10/01/2029 No
Loan 44 Storage Outlet - South El Monte 0.5% 1 KeyBank 4,000,000 4,000,000   3,087,692   Self Storage Self Storage 3.2350% 0.0230% 3.2120% Actual/360 120 120 360 360 11/15/2019 01/01/2020 12/01/2029 No
Loan 45 ULofts 0.5% 1 KeyBank 3,750,000 3,750,000   3,195,377   Multifamily Student Housing 3.9200% 0.0230% 3.8970% Actual/360 120 120 360 360 11/22/2019 01/01/2020 12/01/2029 No
Loan 46 The Sterling Building 0.4% 1 KeyBank 3,000,000 3,000,000   2,397,020   Office Suburban 4.1600% 0.0230% 4.1370% Actual/360 120 120 360 360 11/21/2019 01/01/2020 12/01/2029 No
Loan 47 Market Villas 0.4% 1 KeyBank 2,840,000 2,840,000   2,596,703   Multifamily Garden 4.4500% 0.0230% 4.4270% Actual/360 84 84 360 360 11/21/2019 01/01/2020 12/01/2026 No
Loan 48 Shafer Terrace MHP 0.3% 1 SMC 2,100,000 2,100,000   1,831,614   Manufactured Housing Manufactured Housing 4.3450% 0.0142% 4.3308% Actual/360 120 119 360 360 10/30/2019 12/06/2019 11/06/2029 No

 

A-1-1

 

 

CF 2019-CF3

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

 

        Monthly Annual Companion Loan Companion Loan Remaining     Crossed                      
Property     Final Debt Debt Monthly Debt Annual Debt Interest Only   Cash With Related Underwritten Underwritten Grace Payment Appraised Appraisal Coop - Coop - LTV Coop - Coop -
Flag ID Property Name Maturity Date Service($) (23) Service($) (23) Service($) (23) Service($) (23) Period  Lockbox (24)  Management (25) Other Loans Borrower NOI DSCR (2)(3)(23) NCF DSCR (2)(3)(23) Period (26) Date Value ($) (4) As-of Date Rental Value as Rental Unsold Percent Sponsor Units
Loan 1 Parklawn Building 11/01/2029 174,557 2,094,678 576,496 6,917,950 119 Hard In Place No No 2.73x 2.68x 5 1 436,000,000 09/18/2019        
Loan 2 Century Plaza Towers 11/09/2029 126,926 1,523,115 2,157,746 25,892,948 119 Hard Springing No No 4.42x 4.09x 0 9 2,302,000,000 09/24/2019        
Loan 3 Meridian Pointe Apartments 11/01/2029 133,429 1,601,143     119 None None No No 3.23x 3.14x 5 1 106,780,000 10/09/2019        
Loan 4 AVR Renaissance Atlanta Airport Gateway 12/01/2029 148,028 1,776,333     120 Hard Springing No No 3.29x 2.88x 0 1 80,000,000 09/01/2019        
Loan 5.00 DC Mixed Use Portfolio VI 12/06/2029 105,949 1,271,392     120 Hard Springing No No 2.19x 2.13x 0 6 53,480,000 11/14/2019        
Property 5.01 623-625 H Street NW                             14,000,000 10/07/2019        
Property 5.02 1219 Connecticut Avenue NW                             9,900,000 10/03/2019        
Property 5.03 1210 18th Street NW                             8,200,000 10/03/2019        
Property 5.04 4445 Wisconsin Avenue NW                             6,700,000 10/07/2019        
Property 5.05 919 F Street NW                             4,640,000 10/07/2019        
Property 5.06 8301 Sudley Road                             3,820,000 10/03/2019        
Property 5.07 707 6th Street NW                             3,500,000 10/09/2019        
Loan 6 Wells Fargo Place 11/06/2029 86,181 1,034,167 143,634 1,723,611 119 Hard In Place No No 3.12x 2.89x 0 6 125,000,000 09/19/2019        
Loan 7 225 Bush 11/06/2024 79,815 957,778 488,378 5,860,531 59 Hard Springing No No 4.00x 3.85x 0 6 589,000,000 09/05/2019        
Loan 8 1824 Alton Road 12/06/2029 88,444 1,061,323     120 Soft Springing Hard Springing No No 1.93x 1.89x 0 6 43,000,000 10/11/2019        
Loan 9 180 Water 11/06/2024 72,036 864,436 324,163 3,889,961 59 Hard In Place No No 3.17x 3.15x 0 6 451,500,000 09/18/2019        
Loan 10 3 Columbus Circle 03/11/2029 82,674 992,090 1,537,740 18,452,879 111 Hard In Place No No 3.11x 2.91x 0 11 1,080,000,000 01/01/2019        
Loan 11 Park Central Tower 12/06/2029 119,585 1,435,014 167,418 2,009,020 24 Hard Springing No No 1.80x 1.54x 0 6 103,700,000 10/03/2019        
Loan 12 Airport Square 11/06/2029 122,254 1,467,052 24,451 293,410 0 Hard In Place No No 1.80x 1.69x 0 6 44,400,000 08/02/2019        
Loan 13.00 Gold Brooklyn Multifamily Portfolio 12/01/2029 84,223 1,010,681     120 Springing Soft Springing No No 1.75x 1.75x 0 1 39,600,000 09/09/2019        
Property 13.01 81-83 Stockholm Street                             10,700,000 09/09/2019        
Property 13.02 346 Grand Street                             8,200,000 09/09/2019        
Property 13.03 731 Meeker Avenue                             6,600,000 09/09/2019        
Property 13.04 1316 Pacific Street                             5,800,000 09/09/2019        
Property 13.05 467 Central Avenue                             5,300,000 09/09/2019        
Property 13.06 169 Troutman                             3,000,000 09/09/2019        
Loan 14 Dominion Apartments 12/01/2029 64,686 776,233     120 Springing Soft Springing No No 2.63x 2.54x 0 1 41,000,000 10/17/2019        
Loan 15 55 Talmadge 12/01/2029 94,276 1,131,316     0 Hard Springing No No 1.92x 1.83x 5 1 34,900,000 06/27/2019        
Loan 16 The Block Apartments 12/06/2029 96,756 1,161,069     0 Springing Hard Springing No No 1.42x 1.37x 0 6 30,980,000 10/04/2019        
Loan 17.00 Bushwick Avenue Portfolio 09/06/2029 59,558 714,690 347,941 4,175,296 117 Springing Hard Springing No No 1.82x 1.81x 0 6 200,000,000 07/18/2019        
Property 17.01 340 Evergreen Avenue                             103,000,000 07/18/2019        
Property 17.02 871 Bushwick Avenue                             61,000,000 07/18/2019        
Property 17.03 889 Bushwick Avenue                             36,000,000 07/18/2019        
Loan 18 Westlake Village Marketplace 12/01/2029 47,374 568,488     120 Springing Soft Springing No No 4.39x 4.24x 5 1 45,500,000 10/09/2019        
Loan 19 Summervale Apartments 12/01/2029 53,071 636,849     120 Springing Soft Springing No No 2.15x 2.15x 5 1 25,800,000 11/01/2019        
Loan 20 2450 Business Park 12/01/2029 55,764 669,167     120 Springing Hard Springing No No 2.36x 2.22x 0 1 28,700,000 09/24/2019        
Loan 21.00 Pretium Industrial Portfolio 11/01/2029 42,280 507,357     119 Hard Springing No No 2.78x 2.49x 5 1 21,350,000 Various        
Property 21.01 Pretium - St. Charles, IL                             17,350,000 07/03/2019        
Property 21.02 Pretium - Cleveland, TN                             4,000,000 08/09/2019        
Loan 22 Kensington Place Townhomes 11/01/2029 57,523 690,276     35 Springing Soft Springing No No 1.59x 1.52x 0 1 16,600,000 09/24/2019        
Loan 23 Sunset Business Center 10/06/2029 55,574 666,886     0 Springing Hard Springing No No 1.65x 1.53x 0 6 19,000,000 08/28/2019        
Loan 24 Storage Outlet - Bellflower 12/01/2029 52,233 626,792     0 None None No Yes - Group A 2.64x 2.60x 5 1 26,800,000 09/16/2019        
Loan 25.00 Bond Street 21 11/06/2029 55,058 660,695     35 Springing Hard Springing No No 1.58x 1.53x 0 6 16,300,000 08/29/2019        
Property 25.01 Veterans Crossing East                             10,000,000 08/29/2019        
Property 25.02 Shoppes at Hamilton Crossing                             6,300,000 08/29/2019        
Loan 26 Shel Mar Estates 12/01/2029 46,842 562,105     24 Springing Soft Springing No No 1.49x 1.46x 0 1 13,820,000 05/04/2019        
Loan 27 4800 North Point Parkway 11/06/2029 42,405 508,855     11 Springing Hard Springing No No 2.02x 1.81x 0 6 15,100,000 08/08/2019        
Loan 28 Castalia at Meadowmont 12/06/2029 27,171 326,050     120 Hard Springing No No 2.72x 2.50x 0 6 13,900,000 10/29/2019        
Loan 29 Walmart Supercenter Lancaster 12/01/2029 24,483 293,800     120 Springing Hard Springing No No 3.09x 2.84x 0 1 17,200,000 10/15/2019        
Loan 30 Marina del Sol 12/01/2029 24,095 289,136     120 None None No No 4.62x 4.53x 0 1 22,800,000 09/24/2019        
Loan 31 545 & 547 West 20th Street 12/06/2029 26,206 314,468     120 Springing Hard Springing No No 1.91x 1.85x 0 6 13,200,000 10/08/2019        
Loan 32 Auto Mall Parkway Self Storage 11/06/2029 24,975 299,706     119 None None No No 2.25x 2.24x 0 6 13,060,000 09/30/2019        
Loan 33 FedEx Ground 11/01/2029 21,427 257,122     119 Springing Hard Springing No No 4.11x 3.81x 3 1 20,300,000 08/27/2019        
Loan 34 Security Self Storage 12/06/2029 21,228 254,740     120 Springing Soft Springing No No 6.55x 6.51x 0 6 33,250,000 10/03/2019        
Loan 35 Westmoreland Medical Center 08/01/2029 36,593 439,115     56 None In Place No No 1.68x 1.66x 0 1 11,150,000 04/19/2019        
Loan 36 Storage Outlet - Chino 12/01/2029 31,317 375,810     0 None None No Yes - Group A 2.61x 2.58x 5 1 18,000,000 09/16/2019        
Loan 37 30610 East Broadway 11/01/2024 28,849 346,187     59 Hard Springing No No 1.95x 1.67x 5 1 10,210,000 09/11/2019        
Loan 38 895 West End Avenue 11/01/2029 24,894 298,723     0 None None No No 12.85x 12.81x 0 1 96,000,000 10/02/2019 95,400,000 6.3%    
Loan 39 Townhomes on the Green 11/01/2029 27,180 326,158     0 Springing Soft Springing No No 1.47x 1.43x 0 1 9,000,000 09/27/2019        
Loan 40.00 Dollar General Portfolio 12/06/2029 27,917 335,005     0 Hard Springing No No 1.45x 1.43x 0 6 8,300,000 Various        
Property 40.01 Dollar General Belleview                             1,850,000 10/18/2019        
Property 40.02 Dollar General Modoc                             1,230,000 10/18/2019        
Property 40.03 Dollar General Lake City                             1,750,000 10/18/2019        
Property 40.04 Dollar General Syracuse                             1,320,000 10/18/2019        
Property 40.05 Dollar General Jacksonville                             2,150,000 10/18/2019        
Loan 41 3825 Georgia Apartments 12/06/2029 18,341 220,095     120 Springing Soft Springing No No 1.77x 1.74x 0 6 9,425,000 08/08/2019        
Loan 42 Storage Outlet - South Gate 12/01/2029 21,176 254,114     0 None None No Yes - Group A 4.51x 4.46x 5 1 17,800,000 09/16/2019        
Loan 43 Gramercy Commons 10/01/2029 19,942 239,299     0 Springing Soft Springing No No 1.83x 1.71x 3 1 6,350,000 05/20/2019        
Loan 44 Storage Outlet - South El Monte 12/01/2029 17,375 208,504     0 None None No Yes - Group A 3.40x 3.36x 5 1 12,000,000 09/16/2019        
Loan 45 ULofts 12/01/2029 17,731 212,767     30 Springing Soft Springing No No 1.60x 1.55x 5 1 5,410,000 10/21/2019        
Loan 46 The Sterling Building 12/01/2029 14,601 175,207     0 Springing Soft Springing No No 1.75x 1.56x 0 1 4,640,000 10/10/2019        
Loan 47 Market Villas 12/01/2026 14,306 171,667     24 Springing Hard Springing No No 1.44x 1.38x 0 1 4,200,000 09/19/2019        
Loan 48 Shafer Terrace MHP 11/06/2029 10,448 125,374     35 Springing Hard Springing No No 1.61x 1.58x 0 6 3,100,000 10/07/2019        

 

A-1-2

 

 

CF 2019-CF3

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

              FIRREA Cut-Off                 Rentable Area Units
Property     Coop - Coop - Coop - Sponsor Coop - Committed Compliant Date LTV LTV Ratio at           Year Year (Sq. Ft./Units/ of
Flag ID Property Name Investor Units Coop Units /Investor Carry Secondary Debt (Yes/No) Ratio (2)(3)(4) Maturity or ARD (2)(3)(4) Address City County State Zip Code Built Renovated Rooms/Pads/Spaces) (20) Measure
Loan 1 Parklawn Building         Yes 60.0% 60.0% 5600 Fishers Lane Rockville Montgomery MD 20852 1970 2015 1,283,646 Sq. Ft.
Loan 2 Century Plaza Towers         Yes 39.1% 39.1% 2029 & 2049 Century Park East Los Angeles Los Angeles CA 90067 1975 2015 2,401,641 Sq. Ft.
Loan 3 Meridian Pointe Apartments         Yes 46.8% 46.8% 407 Valley Avenue Northeast Puyallup Pierce WA 98372 1990 2006-2008 470 Units
Loan 4 AVR Renaissance Atlanta Airport Gateway         Yes 60.0% 60.0% 2081 Convention Center Concourse Atlanta Clayton GA 30337 2017 NAP 204 Rooms
Loan 5.00 DC Mixed Use Portfolio VI         Yes 63.3% 63.3% Various Various Various Various Various Various Various 65,789 Sq. Ft.
Property 5.01 623-625 H Street NW         Yes     623-625 H Street NW Washington District of Columbia DC 20001 1850 2006 16,654 Sq. Ft.
Property 5.02 1219 Connecticut Avenue NW         Yes     1219 Connecticut Avenue NW Washington District of Columbia DC 20036 1906 NAP 12,877 Sq. Ft.
Property 5.03 1210 18th Street NW         Yes     1210 18th Street NW Washington District of Columbia DC 20001 1920 NAP 10,480 Sq. Ft.
Property 5.04 4445 Wisconsin Avenue NW         Yes     4445 Wisconsin Avenue NW Washington District of Columbia DC 20016 1938 1990 7,697 Sq. Ft.
Property 5.05 919 F Street NW         Yes     919 F Street NW Washington District of Columbia DC 20004 1900 2005 5,594 Sq. Ft.
Property 5.06 8301 Sudley Road         Yes     8301 Sudley Road Manassas Prince William VA 20109 2001 NAP 8,000 Sq. Ft.
Property 5.07 707 6th Street NW         Yes     707 6th Street NW Washington District of Columbia DC 20001 1938 2011 4,487 Sq. Ft.
Loan 6 Wells Fargo Place         Yes 64.0% 64.0% 30 7th Street East St. Paul Ramsey MN 55101 1986 NAP 646,459 Sq. Ft.
Loan 7 225 Bush         Yes 34.6% 34.6% 225 Bush Street San Francisco San Francisco CA 94104 1922, 1955 2010-2013 579,987 Sq. Ft.
Loan 8 1824 Alton Road         Yes 60.8% 60.8% 1824 Alton Road Miami Beach Miami Dade FL 33139 2018 NAP 31,841 Sq. Ft.
Loan 9 180 Water         Yes 30.5% 30.5% 180 Water Street New York New York NY 10038 1971 2017 573 Units
Loan 10 3 Columbus Circle         Yes 45.4% 45.4% 3 Columbus Circle New York New York NY 10019 1927 2010-2013 753,713 Sq. Ft.
Loan 11 Park Central Tower         Yes 57.9% 48.8% 12700 & 12712 Park Central Drive Dallas Dallas TX 75251 1975 2018 668,154 Sq. Ft.
Loan 12 Airport Square         Yes 67.5% 54.1% 800, 849, 900, & 930 International Drive Linthicum Heights Anne Arundel MD 21090 1986, 1987, 1988, 1990 2014; 2018 232,936 Sq. Ft.
Loan 13.00 Gold Brooklyn Multifamily Portfolio         Yes 62.6% 62.6% Various Brooklyn Kings NY Various Various Various 47 Units
Property 13.01 81-83 Stockholm Street         Yes     81-83 Stockholm Street Brooklyn Kings NY 11221 1931, 2018 2018 16 Units
Property 13.02 346 Grand Street         Yes     346 Grand Street Brooklyn Kings NY 11211 1920 2012 5 Units
Property 13.03 731 Meeker Avenue         Yes     731 Meeker Avenue Brooklyn Kings NY 11222 1928 2014 6 Units
Property 13.04 1316 Pacific Street         Yes     1316 Pacific Street Brooklyn Kings NY 11216 1911 2014 8 Units
Property 13.05 467 Central Avenue         Yes     467 Central Avenue Brooklyn Kings NY 11221 1920 2017 6 Units
Property 13.06 169 Troutman         Yes     169 Troutman Street Brooklyn Kings NY 11206 1931 2010 6 Units
Loan 14 Dominion Apartments         Yes 53.7% 53.7% 15596 Interstate 45 South Conroe Montgomery TX 77384 2003 NAP 238 Units
Loan 15 55 Talmadge         Yes 57.3% 45.4% 55 Talmadge Road Edison Middlesex NJ 08817 1970 2016 269,987 Sq. Ft.
Loan 16 The Block Apartments         Yes 64.6% 51.5% 50 North Illinois Street Indianapolis Marion IN 46204 1911 2001 163 Units
Loan 17.00 Bushwick Avenue Portfolio         Yes 65.0% 65.0% Various Brooklyn Kings NY 11221 Various Various 347,203 Sq. Ft.
Property 17.01 340 Evergreen Avenue         Yes     340 Evergreen Avenue Brooklyn Kings NY 11221 2019 NAP 157,037 Sq. Ft.
Property 17.02 871 Bushwick Avenue         Yes     871 Bushwick Avenue Brooklyn Kings NY 11221 1954 2017 140,510 Sq. Ft.
Property 17.03 889 Bushwick Avenue         Yes     889 Bushwick Avenue Brooklyn Kings NY 11221 2018 NAP 49,656 Sq. Ft.
Loan 18 Westlake Village Marketplace         Yes 39.6% 39.6% 5752, 5754, 5760, 5772, 5776, 5780, 5784, 5790 & 5794 Lindero Canyon Road Westlake Village Los Angeles CA 91362 1998 NAP 74,186 Sq. Ft.
Loan 19 Summervale Apartments         Yes 64.9% 64.9% 9221 Pagewood Lane Houston Harris TX 77063 1978 2013 310 Units
Loan 20 2450 Business Park         Yes 52.3% 52.3% 2450 Business Park Drive Vista San Diego CA 92081 2014 NAP 156,390 Sq. Ft.
Loan 21.00 Pretium Industrial Portfolio         Yes 63.7% 63.7% Various Various Various Various Various Various Various 313,954 Sq. Ft.
Property 21.01 Pretium - St. Charles, IL         Yes     95 North 17th Street St. Charles Kane IL 60174 1984 2009 241,954 Sq. Ft.
Property 21.02 Pretium - Cleveland, TN         Yes     705 Industrial Drive Southwest Cleveland Bradley TN 37311 2008 NAP 72,000 Sq. Ft.
Loan 22 Kensington Place Townhomes         Yes 74.1% 63.8% 16651 East 12 Mile Road Roseville Macomb MI 48066 1972 2000 205 Units
Loan 23 Sunset Business Center         Yes 63.0% 49.7% 6445 West Sunset Road Las Vegas Clark NV 89118 2019 NAP 71,298 Sq. Ft.
Loan 24 Storage Outlet - Bellflower         Yes 44.0% 34.2% 10326 Foster Road Bellflower Los Angeles CA 90706 2001 NAP 65,760 Sq. Ft.
Loan 25.00 Bond Street 21         Yes 71.8% 61.9% Various Various Various Various Various Various NAP 37,661 Sq. Ft.
Property 25.01 Veterans Crossing East         Yes     1225 and 1231 Veterans Parkway Clarksville Clark IN 47129 2018 NAP 17,252 Sq. Ft.
Property 25.02 Shoppes at Hamilton Crossing         Yes     715 Louisville Road Alcoa Blount TN 37701 2006 NAP 20,409 Sq. Ft.
Loan 26 Shel Mar Estates         Yes 70.2% 59.3% 100 Ali Circle Southeast New Philadelphia Tuscarawas OH 44663 1970 NAP 378 Pads
Loan 27 4800 North Point Parkway         Yes 62.3% 50.2% 4800 North Point Parkway Alpharetta Fulton GA 30022 1995 NAP 75,304 Sq. Ft.
Loan 28 Castalia at Meadowmont         Yes 63.1% 63.1% 301 West Barbee Chapel Road Chapel Hill Orange NC 27517 2008 NAP 47,974 Sq. Ft.
Loan 29 Walmart Supercenter Lancaster         Yes 50.3% 50.3% 805 Highway 9 Bypass West Lancaster Lancaster SC 29720 1999 2019 208,470 Sq. Ft.
Loan 30 Marina del Sol         Yes 37.3% 37.3% 184 & 187 Palm Avenue Marina Monterey CA 93933 1977 NAP 108 Units
Loan 31 545 & 547 West 20th Street         Yes 60.6% 60.6% 545 & 547 West 20th Street New York New York NY 10011 1910 2008 9,146 Sq. Ft.
Loan 32 Auto Mall Parkway Self Storage         Yes 61.3% 61.3% 43941 Osgood Road Fremont Alameda CA 94539 1998 NAP 65,900 Sq. Ft.
Loan 33 FedEx Ground         Yes 39.4% 39.4% 225 Thruway Park Drive West Henrietta Monroe NY 14586 2006 2009 138,060 Sq. Ft.
Loan 34 Security Self Storage         Yes 22.6% 22.6% 13120 Southeast 30th Street Bellevue King WA 98005 1977 1990 103,619 Sq. Ft.
Loan 35 Westmoreland Medical Center         Yes 65.0% 59.5% 1650 & 1680 Chambers Street Eugene Lane OR 97402 1980, 2006 NAP 34,303 Sq. Ft.
Loan 36 Storage Outlet - Chino         Yes 39.3% 30.5% 13879 Central Avenue Chino San Bernardino CA 91710 2007 NAP 80,660 Sq. Ft.
Loan 37 30610 East Broadway         Yes 64.9% 64.9% 30610 East Broadway Street Walbridge Wood OH 43465 1980 1998 335,484 Sq. Ft.
Loan 38 895 West End Avenue   48     Yes 6.2% 4.8% 895 West End Avenue New York New York NY 10025 1916 NAP 48 Units
Loan 39 Townhomes on the Green         Yes 63.2% 50.3% 2701 East Bressingham Way Bloomington Monroe IN 47401 2007 NAP 47 Units
Loan 40.00 Dollar General Portfolio         Yes 68.1% 54.6% Various Various Various Various Various Various NAP 43,912 Sq. Ft.
Property 40.01 Dollar General Belleview         Yes     1200 US Highway 301 Belleview Marion FL 34420 2019 NAP 9,100 Sq. Ft.
Property 40.02 Dollar General Modoc         Yes     11565 Highway 28 South Modoc McCormick SC 29838 2018 NAP 9,100 Sq. Ft.
Property 40.03 Dollar General Lake City         Yes     1771 Northwest Lake Jeffery Road Lake City Columbia FL 32055 2019 NAP 9,100 Sq. Ft.
Property 40.04 Dollar General Syracuse         Yes     8919 East Blackpoint Road Syracuse Kosciusko IN 46567 2019 NAP 9,100 Sq. Ft.
Property 40.05 Dollar General Jacksonville         Yes     8000 103rd Street Jacksonville Duval FL 32210 2019 NAP 7,512 Sq. Ft.
Loan 41 3825 Georgia Apartments         Yes 57.3% 57.3% 3825 Georgia Avenue, Northwest Washington District of Columbia DC 20011 2016 NAP 32 Units
Loan 42 Storage Outlet - South Gate         Yes 27.4% 21.1% 5911 Firestone Boulevard South Gate Los Angeles CA 90280 2001 NAP 122,720 Sq. Ft.
Loan 43 Gramercy Commons         Yes 64.8% 51.8% 5752 South Fort Apache Road Las Vegas Clark NV 89148 2007 NAP 25,892 Sq. Ft.
Loan 44 Storage Outlet - South El Monte         Yes 33.3% 25.7% 1108 Peck Road South El Monte Los Angeles CA 91733 2002 NAP 86,080 Sq. Ft.
Loan 45 ULofts         Yes 69.3% 59.1% 422 East 11th Street and 405 East Cottage Grove Avenue Bloomington Monroe IN 47408 1972, 1975 2016 36 Units
Loan 46 The Sterling Building         Yes 64.7% 51.7% 730 South Sterling Avenue and 3701 West McKay Avenue Tampa Hillsborough FL 33609 1976 2015-2019 20,743 Sq. Ft.
Loan 47 Market Villas         Yes 67.6% 61.8% 15 North 18th Street, Unit 3 Richmond Richmond City VA 23223 1910 2005 31 Units
Loan 48 Shafer Terrace MHP         Yes 67.7% 59.1% 17377 Banyan Road Shafer Chisago MN 55074 1989 NAP 70 Pads

 

A-1-3

 

 

CF 2019-CF3

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

 

      Loan per Net Rentable Area             Second Most Second Second Second Third Most Third Third Third      
Property     (Sq. Ft./Units/Rooms/   Prepayment Provisions Most Recent Operating Most Recent Most Recent Most Recent Recent Operating Most Recent Most Recent Most Recent Recent Operating Most Recent Most Recent Most Recent Underwritten NOI Underwritten NCF  Underwritten
Flag ID Property Name Pads/Spaces) ($) (2)(3)   (# of payments) (6)(7)(27) Statements Date (20) EGI ($) (20) Expenses($) (20) NOI($) (20) Statements Date EGI($) Expenses($) NOI($) Statements Date EGI($) Expenses($) NOI($) Debt Yield (2)(3) Debt Yield (2)(3)  Revenue($)(20)
Loan 1 Parklawn Building 204   LO(25);DEF(89);O(6) 8/31/2019 32,216,222 6,778,412 25,437,810 12/31/2018 32,783,331 8,889,858 23,893,473 12/31/2017 33,883,188 6,304,439 27,578,749 9.4% 9.2% 40,142,952
Loan 2 Century Plaza Towers 375   YM1(25);DorYM1(90);O(5) 9/30/2019 120,890,660 37,547,742 83,342,918 12/31/2018 125,317,446 36,292,891 89,024,555 12/31/2017 117,379,087 34,178,955 83,200,132 13.5% 12.5% 167,331,712
Loan 3 Meridian Pointe Apartments 106,330   LO(25);DEF(91);O(4) 9/30/2019 8,321,163 2,955,102 5,366,061 12/31/2018 8,060,281 2,876,113 5,184,168 12/31/2017 7,495,685 2,685,827 4,809,857 10.3% 10.1% 7,350,925
Loan 4 AVR Renaissance Atlanta Airport Gateway 235,294   LO(24);DEF(92);O(4) 8/31/2019 18,188,346 12,115,178 6,073,168 12/31/2018 17,627,185 11,780,887 5,846,298 NAP NAP NAP NAP 12.2% 10.7% 17,677,976
Loan 5.00 DC Mixed Use Portfolio VI 514   LO(24);DEF(90);O(6) 8/31/2019 3,459,326 1,065,552 2,393,773 12/31/2018 3,792,650 1,024,577 2,768,073 12/31/2017 3,525,158 1,033,671 2,491,488 8.2% 8.0% 4,161,507
Property 5.01 623-625 H Street NW 561     8/31/2019 1,073,752 340,470 733,282 12/31/2018 1,033,542 313,146 720,396 12/31/2017 996,923 309,775 687,148     1,123,425
Property 5.02 1219 Connecticut Avenue NW 513     8/31/2019 766,902 192,011 574,891 12/31/2018 738,436 193,705 544,731 12/31/2017 454,466 210,219 244,247     770,163
Property 5.03 1210 18th Street NW 522     8/31/2019 570,621 203,569 367,053 12/31/2018 656,201 190,697 465,504 12/31/2017 672,346 203,011 469,335     729,193
Property 5.04 4445 Wisconsin Avenue NW 580     8/31/2019 151,003 72,779 78,224 12/31/2018 335,490 73,749 261,741 12/31/2017 402,199 71,480 330,719     536,941
Property 5.05 919 F Street NW 553     8/31/2019 381,237 121,315 259,922 12/31/2018 385,823 115,697 270,126 12/31/2017 384,175 110,705 273,471     404,195
Property 5.06 8301 Sudley Road 318     8/31/2019 327,003 58,852 268,151 12/31/2018 325,923 56,242 269,682 12/31/2017 321,139 58,535 262,604     315,543
Property 5.07 707 6th Street NW 520     8/31/2019 188,807 76,557 112,250 12/31/2018 317,234 81,341 235,893 12/31/2017 293,910 69,946 223,964     282,047
Loan 6 Wells Fargo Place 124   LO(25);DEF(91);O(4) 8/31/2019 17,073,017 9,177,591 7,895,426 12/31/2018 16,955,514 9,282,380 7,673,134 12/31/2017 15,080,476 8,813,366 6,267,110 10.8% 10.0% 19,320,760
Loan 7 225 Bush 351   LO(25);DEF(29);O(6) 8/31/2019 36,531,101 12,018,844 24,512,257 12/31/2018 36,782,955 11,108,481 25,674,474 12/31/2017 35,806,940 11,018,547 24,788,393 13.4% 12.9% 39,090,176
Loan 8 1824 Alton Road 821   LO(24);DEF(91);O(5) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 7.8% 7.7% 2,984,776
Loan 9 180 Water 239,965   LO(25);DEF(32);O(3) 6/30/2019 27,974,070 14,855,308 13,118,762 12/31/2018 26,646,594 14,981,570 11,665,024 NAP NAP NAP NAP 11.0% 10.9% 28,155,756
Loan 10 3 Columbus Circle 650   LO(33);DEF(82);O(5) 12/31/2018 57,324,235 17,233,200 40,091,035 12/31/2017 50,952,874 16,254,125 34,698,749 12/31/2016 50,161,202 14,968,652 35,192,550 12.3% 11.5% 73,890,665
Loan 11 Park Central Tower 90   LO(24);DEF(92);O(4) 9/30/2019 10,220,364 4,546,504 5,673,860 12/31/2018 10,246,326 4,658,283 5,588,043 12/31/2017 9,592,635 4,348,856 5,243,779 10.3% 8.9% 12,514,551
Loan 12 Airport Square 129   LO(25);DEF(92);O(3) 9/30/2019 4,181,185 1,110,767 3,070,419 12/31/2018 2,740,078 1,192,525 1,547,552 NAP NAP NAP NAP 10.6% 9.9% 5,060,301
Loan 13.00 Gold Brooklyn Multifamily Portfolio 527,660   LO(24);DEF(91);O(5) 9/30/2019 1,696,769 199,634 1,497,135 NAP NAP NAP NAP NAP NAP NAP NAP 7.1% 7.1% 1,835,889
Property 13.01 81-83 Stockholm Street 431,250     9/30/2019 301,336 56,110 245,226 NAP NAP NAP NAP NAP NAP NAP NAP     587,855
Property 13.02 346 Grand Street 990,000     9/30/2019 412,881 26,961 385,920 NAP NAP NAP NAP NAP NAP NAP NAP     235,128
Property 13.03 731 Meeker Avenue 675,000     9/30/2019 326,934 34,116 292,818 NAP NAP NAP NAP NAP NAP NAP NAP     269,175
Property 13.04 1316 Pacific Street 443,750     9/30/2019 228,367 39,456 188,911 NAP NAP NAP NAP NAP NAP NAP NAP     289,771
Property 13.05 467 Central Avenue 566,667     9/30/2019 258,764 22,288 236,476 NAP NAP NAP NAP NAP NAP NAP NAP     284,598
Property 13.06 169 Troutman 325,000     9/30/2019 168,488 20,703 147,785 NAP NAP NAP NAP NAP NAP NAP NAP     169,362
Loan 14 Dominion Apartments 92,437   LO(24);DEF(93);O(3) 9/30/2019 3,858,661 1,562,056 2,296,605 12/31/2018 3,806,207 1,616,603 2,189,604 12/31/2017 3,737,648 1,740,274 1,997,375 9.3% 9.0% 3,876,635
Loan 15 55 Talmadge 74   LO(24);DEF(93);O(3) 12/31/2018 2,382,500 276,588 2,105,912 12/31/2017 2,236,214 285,741 1,950,473 12/31/2016 2,018,842 288,403 1,730,439 10.9% 10.3% 2,532,654
Loan 16 The Block Apartments 122,699   LO(24);DEF(91);O(5) 9/30/2019 2,996,576 1,460,961 1,535,615 12/31/2018 2,771,782 1,394,084 1,377,698 12/31/2017 2,995,994 1,248,501 1,747,493 8.2% 8.0% 3,137,664
Loan 17.00 Bushwick Avenue Portfolio 374   LO(27);DEF(87);O(6) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 6.8% 6.8% 10,690,464
Property 17.01 340 Evergreen Avenue 426     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     5,239,788
Property 17.02 871 Bushwick Avenue 282     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     3,600,000
Property 17.03 889 Bushwick Avenue 471     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     1,850,676
Loan 18 Westlake Village Marketplace 243   LO(24);DEF(92);O(4) 8/31/2019 3,435,202 812,419 2,622,783 12/31/2018 3,251,159 681,324 2,569,835 12/31/2017 2,992,520 629,381 2,363,139 13.9% 13.4% 3,528,514
Loan 19 Summervale Apartments 54,032   LO(24);DEF(91);O(5) 9/30/2019 2,952,138 1,627,193 1,324,945 12/31/2018 2,805,504 1,445,942 1,359,562 12/31/2017 2,665,283 1,326,361 1,338,922 8.2% 8.2% 2,874,698
Loan 20 2450 Business Park 96   LO(24);DEF(91);O(5) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 10.6% 9.9% 2,128,968
Loan 21.00 Pretium Industrial Portfolio 43   LO(25);DEF(92);O(3) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 10.4% 9.3% 1,526,148
Property 21.01 Pretium - St. Charles, IL 46     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     1,236,771
Property 21.02 Pretium - Cleveland, TN 35     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     289,377
Loan 22 Kensington Place Townhomes 60,000   LO(25);DEF(92);O(3) 8/31/2019 2,283,110 1,195,384 1,087,726 12/31/2018 2,223,848 1,176,728 1,047,119 12/31/2017 2,172,473 1,099,524 1,072,949 8.9% 8.5% 2,363,184
Loan 23 Sunset Business Center 168   LO(26);DEF(90);O(4) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 9.2% 8.5% 1,393,034
Loan 24 Storage Outlet - Bellflower 179   LO(25);YM1(92);O(3) 8/31/2019 2,330,500 568,508 1,761,992 12/31/2018 2,282,451 562,822 1,719,628 12/31/2017 2,116,751 528,822 1,587,928 14.0% 13.8% 1,078,206
Loan 25.00 Bond Street 21 311   LO(25);DEF(91);O(4) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 8.9% 8.6% 1,438,317
Property 25.01 Veterans Crossing East 416     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     823,995
Property 25.02 Shoppes at Hamilton Crossing 222     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     614,322
Loan 26 Shel Mar Estates 25,661   LO(24);DEF(93);O(3) 8/31/2019 1,404,006 587,808 816,198 12/31/2018 1,269,506 602,677 666,829 12/31/2017 1,294,622 514,167 780,455 8.6% 8.4% 1,279,236
Loan 27 4800 North Point Parkway 125   LO(25);DEF(91);O(4) 7/31/2019 427,758 569,018 -141,260 12/31/2018 1,150,664 574,451 576,213 12/31/2017 1,600,789 606,108 994,681 10.9% 9.8% 1,761,334
Loan 28 Castalia at Meadowmont 183   LO(24);DEF(92);O(4) 7/31/2019 1,519,121 483,358 1,035,763 12/31/2018 1,473,842 459,936 1,013,907 12/31/2017 1,460,062 413,710 1,046,352 10.1% 9.3% 1,598,194
Loan 29 Walmart Supercenter Lancaster 41   LO(24);DEF(92);O(4) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 10.5% 9.7% 1,002,114
Loan 30 Marina del Sol 78,704   LO(24);DEF(91);O(5) 8/31/2019 1,983,566 595,414 1,388,152 12/31/2018 1,912,564 582,996 1,329,568 12/31/2017 1,756,643 598,216 1,158,427 15.7% 15.4% 2,051,100
Loan 31 545 & 547 West 20th Street 875   LO(24);DEF(91);O(5) 9/30/2019 842,556 248,427 594,129 12/31/2018 604,577 240,177 364,400 12/31/2017 484,527 236,318 248,209 7.5% 7.3% 903,389
Loan 32 Auto Mall Parkway Self Storage 121   LO(25);DEF(90);O(5) 8/31/2019 1,038,604 374,534 664,070 12/31/2018 1,045,299 358,353 686,945 12/31/2017 1,062,454 315,691 746,764 8.4% 8.4% 1,127,688
Loan 33 FedEx Ground 58   LO(25);DEF(92);O(3) 7/31/2019 1,205,920 160,243 1,045,677 12/31/2018 1,086,078 29,662 1,056,416 12/31/2017 1,073,036 41,389 1,031,647 13.2% 12.3% 1,131,174
Loan 34 Security Self Storage 72   LO(24);DEF(92);O(4) 9/30/2019 2,256,682 581,405 1,675,277 12/31/2018 2,238,252 581,248 1,657,003 12/31/2017 2,137,410 513,769 1,623,642 22.3% 22.1% 2,396,040
Loan 35 Westmoreland Medical Center 211   LO(28);DEF(89);O(3) 4/30/2019 1,010,038 291,423 718,615 12/31/2018 1,032,661 292,323 740,337 12/31/2017 1,074,911 276,014 798,897 10.2% 10.0% 1,066,143
Loan 36 Storage Outlet - Chino 88   LO(25);YM1(92);O(3) 8/31/2019 1,406,984 397,436 1,009,548 12/31/2018 1,377,243 388,234 989,009 12/31/2017 1,323,457 382,755 940,702 13.9% 13.7% 1,373,949
Loan 37 30610 East Broadway 20   LO(25);DEF(32);O(3) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 10.2% 8.7% 704,516
Loan 38 895 West End Avenue 124,781   LO(25);YM1(90);O(5) 12/31/2018 1,760,897 1,448,218 312,679 12/31/2017 1,691,646 1,352,783 338,863 12/31/2016 1,623,470 1,356,675 266,795 64.1% 63.9% 5,616,000
Loan 39 Townhomes on the Green 121,102   LO(25);DEF(89);O(6) 9/30/2019 764,115 247,777 516,338 12/31/2018 753,649 265,736 487,913 12/31/2017 745,110 241,948 503,163 8.4% 8.2% 785,580
Loan 40.00 Dollar General Portfolio 129   LO(24);DEF(92);O(4) NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP 8.6% 8.5% 617,922
Property 40.01 Dollar General Belleview 138     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     134,601
Property 40.02 Dollar General Modoc 92     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     100,240
Property 40.03 Dollar General Lake City 131     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     129,453
Property 40.04 Dollar General Syracuse 99     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     94,772
Property 40.05 Dollar General Jacksonville 195     NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP     158,856
Loan 41 3825 Georgia Apartments 168,750   LO(24);DEF(92);O(4) 9/30/2019 669,869 238,868 431,001 12/31/2018 665,548 239,917 425,631 NAP NAP NAP NAP 7.2% 7.1% 592,353
Loan 42 Storage Outlet - South Gate 40   LO(25);YM1(92);O(3) 8/31/2019 1,988,327 653,476 1,334,851 12/31/2018 1,930,738 605,222 1,325,516 12/31/2017 1,773,960 612,703 1,161,257 23.5% 23.3% 1,840,823
Loan 43 Gramercy Commons 159   LO(25);YM1(92);O(3) 6/30/2019 551,892 196,995 354,898 12/31/2018 312,997 109,298 203,699 12/31/2017 184,194 92,423 91,771 10.6% 10.0% 473,678
Loan 44 Storage Outlet - South El Monte 46   LO(25);YM1(92);O(3) 8/31/2019 1,415,137 593,347 821,790 12/31/2018 1,373,231 542,165 831,066 12/31/2017 1,273,625 526,800 746,825 17.7% 17.5% 1,367,935
Loan 45 ULofts 104,167   LO(24);DEF(90);O(6) 9/30/2019 610,880 244,705 366,175 12/31/2018 569,293 202,901 366,392 12/31/2017 386,330 225,540 160,790 9.1% 8.8% 590,544
Loan 46 The Sterling Building 145   LO(25);YM1(92);O(3) 9/30/2019 343,122 121,039 222,083 NAP NAP NAP NAP NAP NAP NAP NAP 10.2% 9.1% 470,863
Loan 47 Market Villas 91,613   LO(25);YM1(56);O(3) 9/30/2019 428,100 206,402 221,698 12/31/2018 433,917 193,170 240,747 12/31/2017 434,391 186,156 248,236 8.7% 8.3% 428,592
Loan 48 Shafer Terrace MHP 30,000   LO(25);YM1(91);O(4) 9/30/2019 273,194 51,740 221,454 12/31/2018 262,559 57,569 204,989 12/31/2017 267,730 63,376 204,354 9.6% 9.4% 266,400

 

A-1-4

 

 

CF 2019-CF3

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

                         
Property      Underwritten  Underwritten  Underwritten  Underwritten Underwritten Underwritten Ownership Ground Lease Ground Lease    
Flag ID Property Name  EGI($)  Expenses($)  NOI ($)  Reserves($) TI/LC($) NCF($) Interest (21)  Expiration (5)(8)  Extension Terms (5)(8) Largest Tenant (9)(10)(11)(12) Sq. Ft.
Loan 1 Parklawn Building 35,282,884 10,656,482 24,626,402 319,897 147,245 24,159,260 Fee Simple     United States General Services Administration 935,386
Loan 2 Century Plaza Towers 158,615,968 37,470,212 121,145,756 480,328 8,415,062 112,250,366 Fee Simple     Bank of America 124,723
Loan 3 Meridian Pointe Apartments 8,358,356 3,189,794 5,168,563 142,410   5,026,153 Fee Simple     NAP NAP
Loan 4 AVR Renaissance Atlanta Airport Gateway 18,188,346 12,337,243 5,851,103 727,534   5,123,569 Fee Simple     NAP NAP
Loan 5.00 DC Mixed Use Portfolio VI 3,933,542 1,155,090 2,778,452 13,270 62,174 2,703,008 Fee Simple        
Property 5.01 623-625 H Street NW 1,067,254 322,833 744,421 2,498 16,654 725,269 Fee Simple     Vapiano's Restaurant 7,104
Property 5.02 1219 Connecticut Avenue NW 731,655 183,414 548,241 1,931 12,876 533,434 Fee Simple     Decades 8,200
Property 5.03 1210 18th Street NW 672,843 248,091 424,752 1,572 10,480 412,700 Fee Simple     Nando's Peri Peri 5,581
Property 5.04 4445 Wisconsin Avenue NW 510,094 154,029 356,065 1,537 7,697 346,830 Fee Simple     JP Morgan Chase 4,997
Property 5.05 919 F Street NW 383,985 125,242 258,744 3,499 1,980 253,264 Fee Simple     Potomac River Running, Inc 1,980
Property 5.06 8301 Sudley Road 299,766 49,626 250,139 1,200 8,000 240,939 Fee Simple     The Men's Wearhouse, Inc. 5,000
Property 5.07 707 6th Street NW 267,945 71,854 196,090 1,031 4,487 190,572 Fee Simple     Daikaya Izakaya (Tonari) 4,487
Loan 6 Wells Fargo Place 17,930,064 9,329,767 8,600,297 161,615 468,054 7,970,628 Fee Simple     Minnesota State Colleges and Universities 90,513
Loan 7 225 Bush 41,830,321 14,566,655 27,263,666 115,997 869,981 26,277,688 Fee Simple     Twitch Interactive 84,035
Loan 8 1824 Alton Road 2,904,617 853,813 2,050,804 8,757 31,841 2,010,206 Fee Simple     Michaels 22,717
Loan 9 180 Water 30,028,135 14,955,048 15,073,087 117,355   14,955,732 Fee Simple     NAP NAP
Loan 10 3 Columbus Circle 79,416,007 18,918,555 60,497,452 150,743 3,752,630 56,594,080 Fee Simple     Young & Rubicam, Inc. 375,236
Loan 11 Park Central Tower 10,798,420 4,602,639 6,195,782 160,357 720,342 5,315,083 Fee Simple     TBK Bank, SSB 78,597
Loan 12 Airport Square 4,423,098 1,261,504 3,161,595 34,940 151,408 2,975,246 Fee Simple     Northrop Grumman Systems 113,168
Loan 13.00 Gold Brooklyn Multifamily Portfolio 2,089,850 319,076 1,770,774 3,640   1,767,134 Fee Simple        
Property 13.01 81-83 Stockholm Street 591,855 103,238 488,617     488,617 Fee Simple     NAP NAP
Property 13.02 346 Grand Street 407,647 41,175 366,472 2,275   364,197 Fee Simple     NAP NAP
Property 13.03 731 Meeker Avenue 335,518 48,880 286,638 1,365   285,273 Fee Simple     NAP NAP
Property 13.04 1316 Pacific Street 299,371 49,111 250,260     250,260 Fee Simple     NAP NAP
Property 13.05 467 Central Avenue 286,098 45,013 241,085     241,085 Fee Simple     NAP NAP
Property 13.06 169 Troutman 169,362 31,659 137,703     137,703 Fee Simple     NAP NAP
Loan 14 Dominion Apartments 3,925,734 1,883,310 2,042,423 71,400   1,971,023 Fee Simple     NAP NAP
Loan 15 55 Talmadge 3,001,162 827,276 2,173,886 26,999 80,996 2,065,891 Fee Simple     Duck River Textile, Inc. 155,000
Loan 16 The Block Apartments 3,063,502 1,417,857 1,645,645 52,801   1,592,844 Fee Simple     NAP NAP
Loan 17.00 Bushwick Avenue Portfolio 10,317,252 1,437,967 8,879,285 44,600   8,834,685 Fee Simple        
Property 17.01 340 Evergreen Avenue 5,068,092 1,022,316 4,045,776 33,600   4,012,176 Fee Simple     NAP NAP
Property 17.02 871 Bushwick Avenue 3,420,000 102,600 3,317,400     3,317,400 Fee Simple     Metro International Church, Inc. 140,510
Property 17.03 889 Bushwick Avenue 1,829,160 313,051 1,516,109 11,000   1,505,109 Fee Simple     NAP NAP
Loan 18 Westlake Village Marketplace 3,339,741 841,977 2,497,764 14,837 74,186 2,408,740 Fee Simple     Staples, Inc. 24,000
Loan 19 Summervale Apartments 2,952,138 1,582,887 1,369,252     1,369,252 Fee Simple     NAP NAP
Loan 20 2450 Business Park 2,022,520 439,956 1,582,564 15,639 78,195 1,488,730 Fee Simple     Applied Membranes, Inc. 156,390
Loan 21.00 Pretium Industrial Portfolio 1,877,039 465,500 1,411,540 47,093 99,097 1,265,350 Fee Simple        
Property 21.01 Pretium - St. Charles, IL 1,528,130 385,600 1,142,530 36,293 66,057 1,040,180 Fee Simple     Pretium Packaging dba Olcott Plastics 241,954
Property 21.02 Pretium - Cleveland, TN 348,909 79,899 269,010 10,800 33,041 225,169 Fee Simple     Starplex 72,000
Loan 22 Kensington Place Townhomes 2,283,110 1,183,141 1,099,970 53,300   1,046,670 Fee Simple     NAP NAP
Loan 23 Sunset Business Center 1,334,066 234,250 1,099,816 10,695 68,111 1,021,010 Fee Simple     Smart Medical Devices 10,742
Loan 24 Storage Outlet - Bellflower 2,330,500 673,550 1,656,950 27,048   1,629,902 Fee/Leasehold 04/30/2049 The borrower has two options to extend the Term for an additional 10 years with 6 months written notice prior to the expiration of the Term. NAP NAP
Loan 25.00 Bond Street 21 1,366,401 322,788 1,043,613 12,413 20,000 1,011,200 Fee Simple        
Property 25.01 Veterans Crossing East 782,795 179,507 603,288 5,678 9,130 588,479 Fee Simple     CoreLife Eatery 3,500
Property 25.02 Shoppes at Hamilton Crossing 583,606 143,281 440,325 6,735 10,868 422,722 Fee Simple     Panera Bread 4,200
Loan 26 Shel Mar Estates 1,380,793 542,629 838,165 18,900   819,265 Fee Simple     NAP NAP
Loan 27 4800 North Point Parkway 1,638,041 610,391 1,027,650 30,874 75,304 921,471 Fee Simple     Siemens Real Estate 42,690
Loan 28 Castalia at Meadowmont 1,350,290 465,050 885,239 9,595 59,968 815,677 Fee Simple     Morgan Creek Capital (No Sublease) 18,193
Loan 29 Walmart Supercenter Lancaster 952,008 43,560 908,448 20,847 52,118 835,484 Fee Simple     Walmart Real Estate Business Trust 208,470
Loan 30 Marina del Sol 1,977,530 641,841 1,335,689 27,324   1,308,365 Fee Simple     NAP NAP
Loan 31 545 & 547 West 20th Street 854,606 253,795 600,811 1,372 18,292 581,147 Fee Simple     Garth Greenan Gallery 5,304
Loan 32 Auto Mall Parkway Self Storage 1,044,604 368,843 675,761 5,810   669,951 Fee Simple     NAP NAP
Loan 33 FedEx Ground 1,419,546 363,085 1,056,461 13,806 62,127 980,528 Fee Simple     FedEx 138,060
Loan 34 Security Self Storage 2,256,682 587,814 1,668,868 10,362   1,658,506 Fee Simple     NAP NAP
Loan 35 Westmoreland Medical Center 1,012,836 274,988 737,847 8,576 1,774 727,497 Fee Simple     Oregon Medical Group 21,212
Loan 36 Storage Outlet - Chino 1,379,200 399,125 980,074 8,873   971,202 Fee Simple     NAP NAP
Loan 37 30610 East Broadway 931,463 255,753 675,710 33,548 64,312 577,849 Fee Simple     Material Sciences Corporation 335,484
Loan 38 895 West End Avenue 5,403,220 1,565,815 3,837,405 12,000   3,825,405 Fee Simple     NAP NAP
Loan 39 Townhomes on the Green 757,563 277,034 480,529 12,710   467,819 Fee Simple     NAP NAP
Loan 40.00 Dollar General Portfolio 605,563 120,621 484,942 4,391   480,551 Fee Simple        
Property 40.01 Dollar General Belleview 131,909 27,082 104,827 910   103,917 Fee Simple     Dollar General 9,100
Property 40.02 Dollar General Modoc 98,235 20,426 77,809 910   76,899 Fee Simple     Dollar General 9,100
Property 40.03 Dollar General Lake City 126,864 25,691 101,173 910   100,263 Fee Simple     Dollar General 9,100
Property 40.04 Dollar General Syracuse 92,876 12,331 80,546 910   79,636 Fee Simple     Dollar General 9,100
Property 40.05 Dollar General Jacksonville 155,679 35,092 120,588 751   119,837 Fee Simple     Dollar General 7,512
Loan 41 3825 Georgia Apartments 645,477 255,194 390,283 8,000   382,283 Fee Simple     NAP NAP
Loan 42 Storage Outlet - South Gate 1,908,888 762,113 1,146,775 12,681   1,134,094 Leasehold 08/16/2045 The borrower has two options to extend the Term for an additional 10 years with 6 months written notice prior to the expiration of the Term. NAP NAP
Loan 43 Gramercy Commons 561,815 124,955 436,859 5,178 21,700 409,981 Fee Simple     Furniture Gallery 5,908
Loan 44 Storage Outlet - South El Monte 1,372,094 663,390 708,703 8,608   700,095 Leasehold 02/06/2067 None NAP NAP
Loan 45 ULofts 597,164 256,849 340,315 10,800   329,515 Fee Simple     NAP NAP
Loan 46 The Sterling Building 459,349 152,616 306,732 5,186 28,327 273,219 Fee Simple     WTM Management LLC 2,355
Loan 47 Market Villas 428,171 181,389 246,783 10,292   236,491 Fee Simple     NAP NAP
Loan 48 Shafer Terrace MHP 258,034 56,526 201,508 3,500   198,008 Fee Simple     NAP NAP

 

A-1-5

 

 

CF 2019-CF3

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

                           
Property     Lease     Lease     Lease     Lease  
Flag ID Property Name Expiration 2nd Largest Tenant (9)(10)(11)(12) Sq. Ft. Expiration 3rd Largest Tenant (10)(12) Sq. Ft. Expiration 4th Largest Tenant (10)(12) Sq. Ft. Expiration 5th Largest Tenant (10)(12)
Loan 1 Parklawn Building 07/31/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 2 Century Plaza Towers 17,833 SF (9/30/2024); 106,890 SF (9/30/2029) Manatt Phelps 116,366 04/30/2035 JP Morgan 97,726 08/31/2021 Kirkland & Ellis 85,664 12/31/2034 Greenberg Glusker
Loan 3 Meridian Pointe Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 4 AVR Renaissance Atlanta Airport Gateway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 5.00 DC Mixed Use Portfolio VI                      
Property 5.01 623-625 H Street NW 03/31/2029 Knowland Group Holdings, Inc. 4,801 04/30/2021 The Eisen Group 4,749 9/30/2025 NAP NAP NAP NAP
Property 5.02 1219 Connecticut Avenue NW 10/31/2026 Rewind By Decades 4,676 01/31/2028 Verizon Wireless (ROOF) 1 3/31/2023 NAP NAP NAP NAP
Property 5.03 1210 18th Street NW 04/30/2029 YFE, Inc. 2,289 06/30/2020 Field & Tung 1,385 11/30/2024 NAP NAP NAP NAP
Property 5.04 4445 Wisconsin Avenue NW 09/30/2029 D Kim, Inc. 2,700 02/28/2025 NAP NAP NAP NAP NAP NAP NAP
Property 5.05 919 F Street NW 07/31/2024 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 5.06 8301 Sudley Road 02/28/2021 Anderson Financial Services, LLC 3,000 11/30/2021 NAP NAP NAP NAP NAP NAP NAP
Property 5.07 707 6th Street NW 05/31/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 6 Wells Fargo Place 07/31/2022 AgriBank 86,298 10/31/2026 IRS 56,144 02/28/2021 Wells Fargo Bank 43,402 09/30/2023 Larson King
Loan 7 225 Bush 08/18/2021 LiveRamp, Inc 76,724 05/04/2022 Benefit Cosmetics, LLC 61,917 08/31/2020 Handshake 52,735 07/30/2027 Knotel
Loan 8 1824 Alton Road 02/28/2031 Citibank 5,065 09/30/2028 Starbucks 2,241 02/28/2030 NAP NAP NAP NAP
Loan 9 180 Water NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 10 3 Columbus Circle 08/31/2033 Emerge 212 3Cc Llc 57,359 11/30/2027 Nordstrom 46,991 10/31/2039 Jazz At Lincoln Center, Inc. 30,653 04/30/2028 Josephson
Loan 11 Park Central Tower 04/30/2026 Holmes & Murphy & Assoc. 72,477 04/30/2023 CBC Restaurant Corp. 29,674 06/30/2023 FPT Operating Co. 27,672 12/31/2029 Alon USA Energy
Loan 12 Airport Square 5/31/2023 (56,584 SF);12/31/2023 (56,584 SF) State of Maryland - MD Think 27,954 4/30/2023 (15,990 SF); 4/15/2023 (11,964 SF) USA ACoE 23,266 8/31/2020 USA - GSA 17,639 9/30/2021 State of Maryland - MMCC
Loan 13.00 Gold Brooklyn Multifamily Portfolio                      
Property 13.01 81-83 Stockholm Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 13.02 346 Grand Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 13.03 731 Meeker Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 13.04 1316 Pacific Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 13.05 467 Central Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 13.06 169 Troutman NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 14 Dominion Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 15 55 Talmadge 06/30/2034 Henry's United, Inc. 32,000 03/31/2024 Grand Ave Supplies 22,500 3/31/2024 YX1 Logistics LLC (d/b/a X-Ray Jeans) 22,100 3/31/2024 Fashion Apparel
Loan 16 The Block Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 17.00 Bushwick Avenue Portfolio                      
Property 17.01 340 Evergreen Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 17.02 871 Bushwick Avenue 06/30/2049 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 17.03 889 Bushwick Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 18 Westlake Village Marketplace 06/30/2023 Michaels Stores, Inc. 20,527 02/28/2029 Chase Bank 4,889 8/31/2029 Panera Bread 3,237 8/31/2028 Panda Express
Loan 19 Summervale Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 20 2450 Business Park 10/31/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 21.00 Pretium Industrial Portfolio                      
Property 21.01 Pretium - St. Charles, IL 06/30/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 21.02 Pretium - Cleveland, TN 06/30/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 22 Kensington Place Townhomes NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 23 Sunset Business Center 05/31/2026 Lutron 6,365 10/31/2029 HDR Consulting 6,082 09/30/2024 Crossfit Culmination 5,400 05/31/2026 Las Vegas Fencing Academy
Loan 24 Storage Outlet - Bellflower NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 25.00 Bond Street 21                      
Property 25.01 Veterans Crossing East 09/30/2028 Blaze Pizza 2,800 06/30/2028 Chillburger 2,500 07/31/2028 Starbucks 2,400 08/31/2028 T-Mobile
Property 25.02 Shoppes at Hamilton Crossing 07/31/2021 Leslie's Poolmart 3,325 12/31/2020 Salsarita's Fresh Mexican Grill 2,600 06/30/2022 US Cellular 2,200 07/31/2022 ATI Physical Therapy
Loan 26 Shel Mar Estates NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 27 4800 North Point Parkway 01/31/2024 Hotel Equities 15,387 08/31/2034 TIC - The Industrial Company 13,327 06/30/2025 Atos IT Solution and Services 3,243 07/31/2021 NAP
Loan 28 Castalia at Meadowmont 07/31/2026 UBS Financial Services 7,136 10/30/2024 Morgan Creek Capital (Sublease - National College Advising) 6,307 7/31/2026 NC Neurobehavioral Associates, PLLC 1,656 7/31/2029 Rourk Capital Partners, LLC
Loan 29 Walmart Supercenter Lancaster 09/14/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 30 Marina del Sol NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 31 545 & 547 West 20th Street 03/31/2026 Hales Gallery 2,828 03/31/2028 NAP NAP NAP NAP NAP NAP NAP
Loan 32 Auto Mall Parkway Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 33 FedEx Ground 09/30/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 34 Security Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 35 Westmoreland Medical Center 12/31/2027 Lane County - Brookside Clinic 3,815 08/31/2024 SmileKeepers 2,920 04/30/2020 Oregon Family Dental, P.C. 1,781 09/30/2022 Michael Dusty McCourt, DPM
Loan 36 Storage Outlet - Chino NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 37 30610 East Broadway 10/31/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 38 895 West End Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 39 Townhomes on the Green NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 40.00 Dollar General Portfolio                      
Property 40.01 Dollar General Belleview 10/31/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 40.02 Dollar General Modoc 04/30/2033 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 40.03 Dollar General Lake City 11/30/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 40.04 Dollar General Syracuse 08/31/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Property 40.05 Dollar General Jacksonville 10/31/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 41 3825 Georgia Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 42 Storage Outlet - South Gate NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 43 Gramercy Commons 01/31/2024 Miliken Enterprises, LLC (Tribe Fitness) 4,771 05/31/2024 CKO Kickboxing 3,527 07/31/2028 Tony's Mexican Food 2,640 06/30/2029 Dollar Loan Center
Loan 44 Storage Outlet - South El Monte NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 45 ULofts NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 46 The Sterling Building 06/30/2023 American Lung Association 1,878 10/31/2022 Conversa LLC 1,648 02/28/2024 Bridging Freedom 1,288 04/30/2022 Serene Mind Psychology
Loan 47 Market Villas NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
Loan 48 Shafer Terrace MHP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

A-1-6

 

 

CF 2019-CF3

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

 

              Upfront Monthly Upfront Monthly Upfront Monthly Upfront Monthly Upfront Upfront Monthly
Property       Lease   Occupancy Replacement Replacement TI/LC TI/LC Tax Tax Insurance Insurance Engineering Other Other
Flag ID Property Name Sq. Ft. Expiration Occupancy As-of Date Reserves($) Reserves ($) Reserves ($) Reserves ($) (14) Reserves ($) Reserves ($) Reserves($) Reserves ($) Reserve($) Reserves ($) (13) Reserves ($)
Loan 1 Parklawn Building NAP NAP 72.9% 07/01/2019         372,746 124,249 19,441 9,720 111,869    
Loan 2 Century Plaza Towers 83,199 02/28/2035 92.9% 10/01/2019           Springing   Springing   100,769,680  
Loan 3 Meridian Pointe Apartments NAP NAP 97.7% 10/02/2019           Springing   Springing      
Loan 4 AVR Renaissance Atlanta Airport Gateway NAP NAP 87.9% 08/31/2019   Springing       Springing   Springing     Springing
Loan 5.00 DC Mixed Use Portfolio VI     98.1% Various   1,106   5,181 208,918 54,089   Springing 35,068 410,845  
Property 5.01 623-625 H Street NW NAP NAP 100.0% 10/01/2019                      
Property 5.02 1219 Connecticut Avenue NW NAP NAP 100.0% 09/27/2019                      
Property 5.03 1210 18th Street NW NAP NAP 88.3% 10/01/2019                      
Property 5.04 4445 Wisconsin Avenue NW NAP NAP 100.0% 10/01/2019                      
Property 5.05 919 F Street NW NAP NAP 100.0% 10/01/2019                      
Property 5.06 8301 Sudley Road NAP NAP 100.0% 10/01/2019                      
Property 5.07 707 6th Street NW NAP NAP 100.0% 10/01/2019                      
Loan 6 Wells Fargo Place 39,876 01/31/2022 85.0% 10/21/2019   13,468 4,000,000 Springing 544,053 272,026   Springing   3,171,121  
Loan 7 225 Bush 26,664 07/14/2026 97.8% 09/30/2019   9,666 4,097,106 96,665 3,012,292 376,536 838,031 119,719   886,122  
Loan 8 1824 Alton Road NAP NAP 94.3% 11/15/2019   730   1,991 up to and including December 2024; 2,654 thereafter 47,584 47,584 22,851 6,517   805,211  
Loan 9 180 Water NAP NAP 97.0% 10/17/2019   11,936 333,406 Springing 2,830,078 739,930 100,505 Springing   4,100,046  
Loan 10 3 Columbus Circle 22,742 12/31/2032 97.2% 01/01/2019   Springing   Springing   Springing   Springing   2,668,685 Springing
Loan 11 Park Central Tower 26,914 09/30/2023 82.3% 10/01/2019   13,363   55,680   117,426 110,251 10,023   2,583,159 Springing
Loan 12 Airport Square 10,900 1/31/2028 85.6% 10/28/2019   2,912 500,000 19,411 78,500 26,167 5,940 2,970 19,080 2,822,830 Springing
Loan 13.00 Gold Brooklyn Multifamily Portfolio     93.6% 09/30/2019 37,500 1,075   467 16,881 7,503 11,120 3,611 104,250 1,540,518  
Property 13.01 81-83 Stockholm Street NAP NAP 81.3% 09/30/2019                      
Property 13.02 346 Grand Street NAP NAP 100.0% 09/30/2019                      
Property 13.03 731 Meeker Avenue NAP NAP 100.0% 09/30/2019                      
Property 13.04 1316 Pacific Street NAP NAP 100.0% 09/30/2019                      
Property 13.05 467 Central Avenue NAP NAP 100.0% 09/30/2019                      
Property 13.06 169 Troutman NAP NAP 100.0% 09/30/2019                      
Loan 14 Dominion Apartments NAP NAP 94.1% 11/12/2019 142,800 5,950       33,494   Springing      
Loan 15 55 Talmadge 13,500 MTM 100.0% 12/31/2018   2,250   6,750 32,333 16,167 26,679 4,377     Springing
Loan 16 The Block Apartments NAP NAP 89.6% 11/01/2019   3,396     89,131 44,565 31,172 3,117 1,887,464 83,750  
Loan 17.00 Bushwick Avenue Portfolio     94.6% Various   3,717     437,001 145,667 56,977 8,719      
Property 17.01 340 Evergreen Avenue NAP NAP 89.3% 08/02/2019           0          
Property 17.02 871 Bushwick Avenue NAP NAP 100.0% 12/06/2019           0          
Property 17.03 889 Bushwick Avenue NAP NAP 96.3% 08/02/2019           0          
Loan 18 Westlake Village Marketplace 2,970 9/30/2023 98.8% 10/29/2019   Springing   Springing   Springing   Springing      
Loan 19 Summervale Apartments NAP NAP 94.2% 11/07/2019 500,000 Springing       27,151   Springing 106,250    
Loan 20 2450 Business Park NAP NAP 100.0% 12/01/2019   1,303   Springing   Springing   Springing      
Loan 21.00 Pretium Industrial Portfolio     100.0% 12/01/2019   Springing   Springing   Springing   Springing      
Property 21.01 Pretium - St. Charles, IL NAP NAP 100.0% 12/01/2019                      
Property 21.02 Pretium - Cleveland, TN NAP NAP 100.0% 12/01/2019                      
Loan 22 Kensington Place Townhomes NAP NAP 94.1% 10/07/2019 4,442 4,442     62,025 20,675 61,542 4,734      
Loan 23 Sunset Business Center 4,500 07/31/2026 94.9% 09/25/2019   891   5,942 9,426 6,284 3,258 1,629   735,546  
Loan 24 Storage Outlet - Bellflower NAP NAP 85.3% 08/31/2019         11,021 3,674   Springing      
Loan 25.00 Bond Street 21     100.0% 08/31/2019   1,048 300,000 4,919 13,018 13,018   Springing 16,479    
Property 25.01 Veterans Crossing East 1,950 07/31/2025 100.0% 08/31/2019           0          
Property 25.02 Shoppes at Hamilton Crossing 2,100 06/30/2027 100.0% 08/31/2019           0          
Loan 26 Shel Mar Estates NAP NAP 85.4% 10/15/2019 1,580 1,580     27,295 3,899 11,559 1,538   261,000 Springing
Loan 27 4800 North Point Parkway NAP NAP 99.1% 10/01/2019   2,573   6,275 20,283 12,947 5,994 1,199   415,422  
Loan 28 Castalia at Meadowmont 1,302 11/30/2021 83.9% 10/25/2019   800 70,000 4,997   Springing   Springing 625   Springing
Loan 29 Walmart Supercenter Lancaster NAP NAP 100.0% 12/01/2019   Springing   Springing   Springing   Springing     Springing
Loan 30 Marina del Sol NAP NAP 100.0% 08/31/2019   Springing       Springing   Springing      
Loan 31 545 & 547 West 20th Street NAP NAP 88.9% 10/01/2019   114   1,524   15,996 5,279 528     Springing
Loan 32 Auto Mall Parkway Self Storage NAP NAP 87.1% 08/31/2019   484     11,934 5,967 11,190 2,384      
Loan 33 FedEx Ground NAP NAP 100.0% 12/01/2019   Springing   Springing   Springing   Springing      
Loan 34 Security Self Storage NAP NAP 94.7% 09/30/2019         33,195 11,065 2,750 1,375 155,693    
Loan 35 Westmoreland Medical Center 1,278 09/01/2027 97.4% 05/25/2019 715 715 700,000 Springing 85,021 8,502   Springing      
Loan 36 Storage Outlet - Chino NAP NAP 96.3% 08/31/2019         19,578 6,526   Springing      
Loan 37 30610 East Broadway NAP NAP 100.0% 12/01/2019   Springing   Springing   Springing   Springing      
Loan 38 895 West End Avenue NAP NAP 100.0% 09/19/2019           Springing   Springing      
Loan 39 Townhomes on the Green NAP NAP 100.0% 10/15/2019 1,059 1,059     7,768 7,768   Springing      
Loan 40.00 Dollar General Portfolio     100.0% 12/06/2019   366   Springing 19,283 8,916 1,449 483      
Property 40.01 Dollar General Belleview NAP NAP 100.0% 12/06/2019           0          
Property 40.02 Dollar General Modoc NAP NAP 100.0% 12/06/2019           0          
Property 40.03 Dollar General Lake City NAP NAP 100.0% 12/06/2019           0          
Property 40.04 Dollar General Syracuse NAP NAP 100.0% 12/06/2019           0          
Property 40.05 Dollar General Jacksonville NAP NAP 100.0% 12/06/2019           0          
Loan 41 3825 Georgia Apartments NAP NAP 96.9% 08/31/2019   667     25,000 6,250 2,550 850      
Loan 42 Storage Outlet - South Gate NAP NAP 92.8% 08/31/2019         504 168   Springing      
Loan 43 Gramercy Commons 2,614 12/31/2023 100.0% 07/24/2019 432 432 54,524 2,244 7,983 1,644 2,793 931      
Loan 44 Storage Outlet - South El Monte NAP NAP 95.0% 08/31/2019         1,934 645   Springing      
Loan 45 ULofts NAP NAP 100.0% 10/15/2019 900 900     8,457 4,229 3,223 1,074     Springing
Loan 46 The Sterling Building 1,142 02/28/2022 98.3% 10/01/2019 432 432 100,000 2,333 27,546 3,061 3,665 1,832   32,381  
Loan 47 Market Villas NAP NAP 93.5% 10/16/2019   858     20,657 2,951 719 359 10,563    
Loan 48 Shafer Terrace MHP NAP NAP 100.0% 10/16/2019   292     2,908 1,454 1,232 616 45,000    

 

A-1-7

 

 

CF 2019-CF3

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

                 
      Other Environmental          
Property     Reserves Report Engineering Date of PML / Loan  
Flag ID Property Name Description (13) Date (15) (16) Report Date Seismic Report SEL (%) Purpose Sponsor (21)
Loan 1 Parklawn Building   08/21/2019 08/21/2019 NAP NAP Acquisition Boyd Watterson Asset Management
Loan 2 Century Plaza Towers Free Rent Reserve ($29,545,735); Outstanding TI/LC ($71,223,945) 10/15/2019 10/11/2019 10/11/2019 18.00% Refinance SPF JVP LLC; Luminance Acquisition Venture LLC
Loan 3 Meridian Pointe Apartments   10/15/2019 10/16/2019 10/16/2019 8.00% Refinance Farrell Property Investments, LLC
Loan 4 AVR Renaissance Atlanta Airport Gateway PDDOA Payments Funds 09/05/2019 09/04/2019 NAP NAP Refinance Allan V. Rose
Loan 5.00 DC Mixed Use Portfolio VI Free Rent Reserve ($156,042); Initial TI/LC Reserve ($254,803) Various Various NAP NAP Refinance Norman Jemal
Property 5.01 623-625 H Street NW   10/15/2019 10/09/2019 NAP NAP    
Property 5.02 1219 Connecticut Avenue NW   10/10/2019 10/09/2019 NAP NAP    
Property 5.03 1210 18th Street NW   10/10/2019 10/10/2019 NAP NAP    
Property 5.04 4445 Wisconsin Avenue NW   10/11/2019 10/09/2019 NAP NAP    
Property 5.05 919 F Street NW   10/15/2019 10/10/2019 NAP NAP    
Property 5.06 8301 Sudley Road   10/09/2019 10/09/2019 NAP NAP    
Property 5.07 707 6th Street NW   10/15/2019 10/10/2019 NAP NAP    
Loan 6 Wells Fargo Place Existing Tenant TI/LC Reserve ($1,648,010); Existing Tenant Rent Concession Reserve ($1,364,950); Cedar Street Skywalk Escalator Reserve ($158,161) 09/17/2019 09/18/2019 NAP NAP Refinance H. Bradford Inglesby; Tyler J. Duncan
Loan 7 225 Bush Rent Concession Reserve 08/15/2019 08/12/2019 08/13/2019 19.00% Refinance Kylli Inc.
Loan 8 1824 Alton Road Economic Reserve ($500,000); Rent Concession Reserve ($236,536); Starbucks Rent Gap Reserve ($48,675); Environmental Reserve ($20,000) 10/18/2019 10/18/2019 NAP NAP Refinance Martin G. Berger; Michael G. Klinger
Loan 9 180 Water Conversion Funds ($1,808,900); Operating Shortfall Funds ($1,400,000); Prepaid Rent Reserve ($891,146) 09/30/2019 09/27/2019 NAP NAP Refinance Nathan Berman
Loan 10 3 Columbus Circle Outstanding TI/LC Reserve (Upfront: $1,820,891); Free Rent Reserve ($847,794); Young & Rubicam Reserve (Monthly Springing: Excess Cash Flow) 01/22/2019 01/22/2019 NAP NAP Refinance Joseph Moinian
Loan 11 Park Central Tower FPT TI/LC Reserve ($1,966,218); PSR TI Reserve ($431,316); Rent Concession Reserve ($115,665); High Point Travel TI/LC Reserve ($69,960); Key Tenant Springing Reserve (Springing) 10/17/2019 10/10/2019 NAP NAP Refinance William C. Rudolph; Charles S. Perlow
Loan 12 Airport Square Outstanding TI/LC Reserve (Upfront: $2,822,830); Specified Tenant Cash Trap Reserve (Monthly Springing) 08/16/2019 08/19/2019 NAP NAP Refinance Uri Mermelstein; Iosif Yushuvayev
Loan 13.00 Gold Brooklyn Multifamily Portfolio CO Reserve Deposit ($1,500,000); Affordable Unit Holdback Reserve($40,518) Various Various NAP NAP Refinance Mendel Gold
Property 13.01 81-83 Stockholm Street   09/16/2019 09/16/2019 NAP NAP    
Property 13.02 346 Grand Street   09/16/2019 09/18/2019 NAP NAP    
Property 13.03 731 Meeker Avenue   09/16/2019 09/18/2019 NAP NAP    
Property 13.04 1316 Pacific Street   09/16/2019 09/18/2019 NAP NAP    
Property 13.05 467 Central Avenue   09/20/2019 09/16/2019 NAP NAP    
Property 13.06 169 Troutman   09/16/2019 09/17/2019 NAP NAP    
Loan 14 Dominion Apartments   10/24/2019 10/25/2019 NAP NAP Acquisition Griffin Capital Company, LLC
Loan 15 55 Talmadge Lease Sweep Reserve 07/09/2019 07/25/2019 NAP NAP Refinance Nori Alhakim Cohen; Rahmon Alhakim; Eili Alhakim
Loan 16 The Block Apartments Down Unit Reserve ($75,000); ACM Mitigation Reserve ($8,750) 10/17/2019 10/14/2019 NAP NAP Refinance John J. Carney; Robert N. Rains
Loan 17.00 Bushwick Avenue Portfolio   07/25/2019 Various NAP NAP Refinance Joseph Brunner; Toby Mandel
Property 17.01 340 Evergreen Avenue   07/25/2019 07/26/2019 NAP NAP    
Property 17.02 871 Bushwick Avenue   07/25/2019 07/24/2019 NAP NAP    
Property 17.03 889 Bushwick Avenue   07/25/2019 07/26/2019 NAP NAP    
Loan 18 Westlake Village Marketplace   10/29/2019 10/11/2019 10/11/2019 10.00% Refinance John S. O'Meara; John Guilitinan, Jr.
Loan 19 Summervale Apartments   11/12/2019 11/11/2019 NAP NAP Refinance Kenneth L. Hatfield; Michael G. Tombari
Loan 20 2450 Business Park   10/01/2019 10/01/2019 10/01/2019 6.00% Refinance Gulshan K. Dhawan
Loan 21.00 Pretium Industrial Portfolio   Various Various NAP NAP Acquisition New Mountain Net Lease Partners Corporation
Property 21.01 Pretium - St. Charles, IL   05/03/2019 04/23/2019 NAP NAP    
Property 21.02 Pretium - Cleveland, TN   02/01/2019 06/14/2019 NAP NAP    
Loan 22 Kensington Place Townhomes   10/08/2019 10/08/2019 NAP NAP Refinance Michael Berger; Michael Berger as the Trustee of the Michael Berger Revocable Trust Created Pursuant to a Trust Agreement dated March 29, 2001, as Amended and Restated on November 1, 2016; David Cohen
Loan 23 Sunset Business Center Existing TI/LC Reserve ($707,308); Rent Concession Reserve ($28,238) 09/05/2019 09/05/2019 NAP NAP Recapitalization Terrall C. York
Loan 24 Storage Outlet - Bellflower   10/03/2019 10/03/2019 10/03/2019 5.00% Refinance CT Self-Storage Fund LLC
Loan 25.00 Bond Street 21   Various 09/12/2019 NAP NAP Acquisition Michael D. Reynolds, The Michael D. Reynolds Revocable Trust
Property 25.01 Veterans Crossing East   09/11/2019 09/12/2019 NAP NAP    
Property 25.02 Shoppes at Hamilton Crossing   09/10/2019 09/12/2019 NAP NAP    
Loan 26 Shel Mar Estates Business Interruption Reserve (Monthly: Springing; Upfront: $250,000); Flood Insurance Deductible Reserve (Monthly: Springing; Upfront: $11,000) 05/16/2019 10/08/2019 NAP NAP Refinance Ronald K. Weiss
Loan 27 4800 North Point Parkway Hotel Equities Occupancy Reserve 09/06/2019 09/06/2019 NAP NAP Acquisition Lloyd Kendall; Quynh Palomino
Loan 28 Castalia at Meadowmont Common Charges Reserve (Monthly Springing); Morgan Creek Springing TIA Reserve (Springing) 11/01/2019 11/01/2019 NAP NAP Acquisition Gem Land Company
Loan 29 Walmart Supercenter Lancaster Primary Reserve Funds 11/05/2019 10/22/2019 NAP NAP Acquisition Dino F. Crescentini
Loan 30 Marina del Sol   10/01/2019 10/02/2019 10/01/2019 10.00% Refinance Paul C. Johnson, Jr.
Loan 31 545 & 547 West 20th Street Major Tenant Reserve Funds 10/17/2019 10/17/2019 NAP NAP Refinance James Hiram Haddad
Loan 32 Auto Mall Parkway Self Storage   10/01/2019 10/01/2019 10/01/2019 13.00% Refinance Michael B. Hudson
Loan 33 FedEx Ground   09/06/2019 09/06/2019 NAP NAP Refinance Thomas J. Comparato; Robert Comparato
Loan 34 Security Self Storage   10/10/2019 10/09/2019 10/10/2019 16.00% Refinance Dana Isaacs; Clark Chuka; Therese Harrington
Loan 35 Westmoreland Medical Center   05/02/2019 05/02/2019 05/02/2019 3.00% Acquisition Jeff Pori
Loan 36 Storage Outlet - Chino   10/04/2019 10/03/2019 10/03/2019 9.00% Refinance CT Self-Storage Fund IV, LLC
Loan 37 30610 East Broadway   10/17/2019 09/17/2019 NAP NAP Acquisition Hari Agrawal
Loan 38 895 West End Avenue   10/08/2019 10/07/2019 NAP NAP Refinance 895 West End Avenue Cooperative Corp.
Loan 39 Townhomes on the Green   10/11/2019 10/11/2019 NAP NAP Refinance Timothy J. Henke
Loan 40.00 Dollar General Portfolio   Various Various NAP NAP Acquisition Louise C. Oram; John J. Oram
Property 40.01 Dollar General Belleview   10/22/2019 10/23/2019 NAP NAP    
Property 40.02 Dollar General Modoc   10/23/2019 10/23/2019 NAP NAP    
Property 40.03 Dollar General Lake City   10/23/2019 10/23/2019 NAP NAP    
Property 40.04 Dollar General Syracuse   10/23/2019 10/18/2019 NAP NAP    
Property 40.05 Dollar General Jacksonville   10/22/2019 10/23/2019 NAP NAP    
Loan 41 3825 Georgia Apartments   08/13/2019 08/20/2019 NAP NAP Acquisition Minet Tekle
Loan 42 Storage Outlet - South Gate   10/03/2019 10/03/2019 10/03/2019 5.00% Refinance CT Self-Storage Fund LLC
Loan 43 Gramercy Commons   05/28/2019 05/28/2019 NAP NAP Acquisition Somesh Sharma; Avtar Virk; Manjinder Saini; KIRPA II, LLC
Loan 44 Storage Outlet - South El Monte   10/03/2019 10/03/2019 10/03/2019 5.00% Refinance CT Self-Storage Fund II, LLC
Loan 45 ULofts Prepaid Rent Reserve 10/23/2019 10/23/2019 NAP NAP Refinance Nicholas L. Weybright; Nicholas L. Weybright Revocable Trust U/A dated October 25, 2017
Loan 46 The Sterling Building Rent Concession Reserve 10/23/2019 10/23/2019 NAP NAP Refinance Graeme Fraser; William P. Curtis; Robert T. Curtis
Loan 47 Market Villas   09/27/2019 09/27/2019 NAP NAP Acquisition Jon H. Swenson; Christina C. Swenson
Loan 48 Shafer Terrace MHP   10/16/2019 10/16/2019 NAP NAP Acquisition Rick Sanguinetti; Ryan Wanner

 

A-1-8

 

 

CF 2019-CF3

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

               
Property         Pari Passu Debt Pari Passu Controlling Note Non-Trust Pari Passu
Flag ID Property Name Guarantor (21) Previous Securitization (Yes/No) (Yes/No) Original Balance
Loan 1 Parklawn Building BW Government Properties II, LLC NAP Yes No 200,800,000
Loan 2 Century Plaza Towers NAP MSC 2014-CPT Yes No 850,000,000
Loan 3 Meridian Pointe Apartments Dale L. Fiorillo; John W. McKenna Jr., Co-Trustees, or any successor Trustee or Co-Trustee, of each of the John V. Farrell and LeeAnn Farrell Irrevocable Trust dated September 4, 1996, as amended; John V. Farrell and LeeAnn Farrell Irrevocable Trust # 2 Dated December 1, 2002, as Amended; LeeAnn Farrell Irrevocable Trust #3 Dated December 11, 2002, as Amended NAP No NAP  
Loan 4 AVR Renaissance Atlanta Airport Gateway Allan V. Rose NAP No NAP  
Loan 5.00 DC Mixed Use Portfolio VI Norman Jemal CFCRE 2011-C2 No NAP  
Property 5.01 623-625 H Street NW   CFCRE 2011-C2      
Property 5.02 1219 Connecticut Avenue NW   CFCRE 2011-C2      
Property 5.03 1210 18th Street NW   CFCRE 2011-C2      
Property 5.04 4445 Wisconsin Avenue NW   CFCRE 2011-C2      
Property 5.05 919 F Street NW   CFCRE 2011-C2      
Property 5.06 8301 Sudley Road   CFCRE 2011-C2      
Property 5.07 707 6th Street NW   CFCRE 2011-C2      
Loan 6 Wells Fargo Place H. Bradford Inglesby; Tyler J. Duncan KREF 2018-FL1 Yes No 50,000,000
Loan 7 225 Bush Kylli Inc. GSMS 2017-GS5 Yes No 175,000,000
Loan 8 1824 Alton Road Martin G. Berger; Michael G. Klinger NAP No NAP  
Loan 9 180 Water Nathan Berman NAP Yes No 112,500,000
Loan 10 3 Columbus Circle Joseph Moinian NAP Yes No 465,000,000
Loan 11 Park Central Tower William C. Rudolph; Charles S. Perlow NAP Yes No 35,000,000
Loan 12 Airport Square Uri Mermelstein; Iosif Yushuvayev NAP Yes Yes 5,000,000
Loan 13.00 Gold Brooklyn Multifamily Portfolio Mendel Gold NAP No NAP  
Property 13.01 81-83 Stockholm Street   NAP      
Property 13.02 346 Grand Street   NAP      
Property 13.03 731 Meeker Avenue   NAP      
Property 13.04 1316 Pacific Street   NAP      
Property 13.05 467 Central Avenue   NAP      
Property 13.06 169 Troutman   FRESB 2015-SB9      
Loan 14 Dominion Apartments Griffin Capital Company, LLC NAP No NAP  
Loan 15 55 Talmadge Nori Alhakim Cohen; Rahmon Alhakim; Eili Alhakim NAP No NAP  
Loan 16 The Block Apartments John J. Carney; Robert N. Rains NAP No NAP  
Loan 17.00 Bushwick Avenue Portfolio Joseph Brunner; Toby Mandel BSPRT 2019-FL5 Yes No 111,000,000
Property 17.01 340 Evergreen Avenue   BSPRT 2019-FL5      
Property 17.02 871 Bushwick Avenue   BSPRT 2019-FL5      
Property 17.03 889 Bushwick Avenue   BSPRT 2019-FL5      
Loan 18 Westlake Village Marketplace John S. O'Meara; The O'Meara Family Trust; The Draper Children's Trust; John F. Guiltinan, Jr. NAP No NAP  
Loan 19 Summervale Apartments Kenneth L. Hatfield; Michael G. Tombari GSMS 2013-GC16 No NAP  
Loan 20 2450 Business Park Gulshan K. Dhawan NAP No NAP  
Loan 21.00 Pretium Industrial Portfolio New Mountain Net Lease Partners Corporation NAP No NAP  
Property 21.01 Pretium - St. Charles, IL   NAP      
Property 21.02 Pretium - Cleveland, TN   NAP      
Loan 22 Kensington Place Townhomes Michael Berger; Michael Berger as the Trustee of the Michael Berger Revocable Trust Created Pursuant to a Trust Agreement dated March 29, 2001, as Amended and Restated on November 1, 2016; David Cohen GNR 2013-1 No NAP  
Loan 23 Sunset Business Center Terrall C. York NAP No NAP  
Loan 24 Storage Outlet - Bellflower CT Self-Storage Fund LLC NAP No NAP  
Loan 25.00 Bond Street 21 Michael D. Reynolds; The Michael D. Reynolds Revocable Trust NAP No NAP  
Property 25.01 Veterans Crossing East   NAP      
Property 25.02 Shoppes at Hamilton Crossing   NAP      
Loan 26 Shel Mar Estates Ronald K. Weiss NAP No NAP  
Loan 27 4800 North Point Parkway Lloyd Kendall; Quynh Palomino NAP No NAP  
Loan 28 Castalia at Meadowmont Gem Land Company NAP No NAP  
Loan 29 Walmart Supercenter Lancaster Dino F. Crescentini; Dino Crescentini, as trustee and on behalf of the Dino Crescentini Living Trust, Dated December 22, 1992 NAP No NAP  
Loan 30 Marina del Sol Paul C. Johnson, Jr. NAP No NAP  
Loan 31 545 & 547 West 20th Street James Hiram Haddad NAP No NAP  
Loan 32 Auto Mall Parkway Self Storage Michael B. Hudson NAP No NAP  
Loan 33 FedEx Ground Thomas J. Comparato; Robert Comparato NAP No NAP  
Loan 34 Security Self Storage Dana Isaacs; Clark Chuka; Therese Harrington NAP No NAP  
Loan 35 Westmoreland Medical Center Jeff Pori NAP No NAP  
Loan 36 Storage Outlet - Chino CT Self-Storage Fund IV, LLC NAP No NAP  
Loan 37 30610 East Broadway Hari Agrawal NAP No NAP  
Loan 38 895 West End Avenue NAP NAP No NAP  
Loan 39 Townhomes on the Green Timothy J. Henke NAP No NAP  
Loan 40.00 Dollar General Portfolio Louise C. Oram; John J. Oram NAP No NAP  
Property 40.01 Dollar General Belleview   NAP      
Property 40.02 Dollar General Modoc   NAP      
Property 40.03 Dollar General Lake City   NAP      
Property 40.04 Dollar General Syracuse   NAP      
Property 40.05 Dollar General Jacksonville   NAP      
Loan 41 3825 Georgia Apartments Minet Tekle NAP No NAP  
Loan 42 Storage Outlet - South Gate CT Self-Storage Fund LLC NAP No NAP  
Loan 43 Gramercy Commons Somesh Sharma; Avtar Virk; Manjinder Saini; KIRPA II, LLC NAP No NAP  
Loan 44 Storage Outlet - South El Monte CT Self-Storage Fund II, LLC NAP No NAP  
Loan 45 ULofts Nicholas L. Weybright; Nicholas L. Weybright Revocable Trust U/A dated October 25, 2017 NAP No NAP  
Loan 46 The Sterling Building Graeme Fraser; William P. Curtis; Robert T. Curtis NAP No NAP  
Loan 47 Market Villas Jon H. Swenson; Christina C. Swenson NAP No NAP  
Loan 48 Shafer Terrace MHP Rick Sanguinetti; Ryan Wanner NAP No NAP  

 

A-1-9

 

 

CF 2019-CF3

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

               
          Existing   Future Debt
Property     Non-Trust Pari Passu Non-Trust Pari Passu Additional Debt   Permitted
Flag ID Property Name Cut-off Date Balance Balloon Balance Amount (17)(18) Existing Additional Debt Description (17)(18) Type (19)
Loan 1 Parklawn Building 200,800,000 200,800,000 NAP NAP NAP
Loan 2 Century Plaza Towers 850,000,000 850,000,000 300,000,000 B-note Mezzanine
Loan 3 Meridian Pointe Apartments     NAP NAP NAP
Loan 4 AVR Renaissance Atlanta Airport Gateway     NAP NAP NAP
Loan 5.00 DC Mixed Use Portfolio VI     NAP NAP Mezzanine
Property 5.01 623-625 H Street NW          
Property 5.02 1219 Connecticut Avenue NW          
Property 5.03 1210 18th Street NW          
Property 5.04 4445 Wisconsin Avenue NW          
Property 5.05 919 F Street NW          
Property 5.06 8301 Sudley Road          
Property 5.07 707 6th Street NW          
Loan 6 Wells Fargo Place 50,000,000 50,000,000 NAP NAP Mezzanine
Loan 7 225 Bush 175,000,000 175,000,000 146,400,000 B-note NAP
Loan 8 1824 Alton Road     NAP NAP Mezzanine
Loan 9 180 Water 112,500,000 112,500,000 227,500,000 B-note ($127,500,000); Mezzanine ($100,000,000) Mezzanine
Loan 10 3 Columbus Circle 465,000,000 465,000,000 105,000,000 B-note NAP
Loan 11 Park Central Tower 35,000,000 29,497,160 NAP NAP NAP
Loan 12 Airport Square 4,993,049 4,000,528 NAP NAP NAP
Loan 13.00 Gold Brooklyn Multifamily Portfolio     NAP NAP NAP
Property 13.01 81-83 Stockholm Street          
Property 13.02 346 Grand Street          
Property 13.03 731 Meeker Avenue          
Property 13.04 1316 Pacific Street          
Property 13.05 467 Central Avenue          
Property 13.06 169 Troutman          
Loan 14 Dominion Apartments     NAP NAP NAP
Loan 15 55 Talmadge     NAP NAP NAP
Loan 16 The Block Apartments     NAP NAP NAP
Loan 17.00 Bushwick Avenue Portfolio 111,000,000 111,000,000 NAP NAP NAP
Property 17.01 340 Evergreen Avenue          
Property 17.02 871 Bushwick Avenue          
Property 17.03 889 Bushwick Avenue          
Loan 18 Westlake Village Marketplace     NAP NAP NAP
Loan 19 Summervale Apartments     NAP NAP NAP
Loan 20 2450 Business Park     NAP NAP NAP
Loan 21.00 Pretium Industrial Portfolio     NAP NAP NAP
Property 21.01 Pretium - St. Charles, IL          
Property 21.02 Pretium - Cleveland, TN          
Loan 22 Kensington Place Townhomes     NAP NAP NAP
Loan 23 Sunset Business Center     NAP NAP NAP
Loan 24 Storage Outlet - Bellflower     NAP NAP NAP
Loan 25.00 Bond Street 21     NAP NAP NAP
Property 25.01 Veterans Crossing East          
Property 25.02 Shoppes at Hamilton Crossing          
Loan 26 Shel Mar Estates     NAP NAP NAP
Loan 27 4800 North Point Parkway     NAP NAP NAP
Loan 28 Castalia at Meadowmont     NAP NAP NAP
Loan 29 Walmart Supercenter Lancaster     NAP NAP NAP
Loan 30 Marina del Sol     NAP NAP NAP
Loan 31 545 & 547 West 20th Street     NAP NAP NAP
Loan 32 Auto Mall Parkway Self Storage     NAP NAP NAP
Loan 33 FedEx Ground     NAP NAP NAP
Loan 34 Security Self Storage     NAP NAP NAP
Loan 35 Westmoreland Medical Center     NAP NAP NAP
Loan 36 Storage Outlet - Chino     NAP NAP NAP
Loan 37 30610 East Broadway     NAP NAP NAP
Loan 38 895 West End Avenue     NAP NAP Subordinate Loan
Loan 39 Townhomes on the Green     NAP NAP NAP
Loan 40.00 Dollar General Portfolio     NAP NAP NAP
Property 40.01 Dollar General Belleview          
Property 40.02 Dollar General Modoc          
Property 40.03 Dollar General Lake City          
Property 40.04 Dollar General Syracuse          
Property 40.05 Dollar General Jacksonville          
Loan 41 3825 Georgia Apartments     NAP NAP NAP
Loan 42 Storage Outlet - South Gate     NAP NAP NAP
Loan 43 Gramercy Commons     NAP NAP NAP
Loan 44 Storage Outlet - South El Monte     NAP NAP NAP
Loan 45 ULofts     NAP NAP NAP
Loan 46 The Sterling Building     NAP NAP NAP
Loan 47 Market Villas     NAP NAP NAP
Loan 48 Shafer Terrace MHP     NAP NAP NAP

 

A-1-10

 

 

CF 2019-CF3
FOOTNOTES TO ANNEX A-1
   
(1) CCRE—Cantor Commercial Real Estate Lending, L.P. or one of its affiliates;  SMC—Starwood Mortgage Capital LLC;  KeyBank—KeyBank National Association.
   
(2) For each of Parklawn Building (Loan No. 1), Century Plaza Towers (Loan No. 2), Wells Fargo Place (Loan No. 6), 225 Bush (Loan No. 7), and 180 Water (Loan No. 9), 3 Columbus Circle (Loan No. 10), Park Central Tower (Loan No. 11), Airport Square (Loan No. 12), and Bushwick Avenue Portfolio (Loan No. 17), the Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (Sq. Ft./Units/Rooms/Pads/Spaces) ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate.
   
(3) Loan No. 2 – Century Plaza Towers – The Underwritten  NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (Sq. Ft./Units/Rooms/Pads/Spaces) ($) calculations exclude The Century Plaza Towers non-pooled component.
   
  Loan No. 7 – 225 Bush – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (Sq. Ft./Units/Rooms/Pads/Spaces) ($) calculations exclude the 225 Bush non-pooled component.
   
  Loan No. 9 – 180 Water – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (Sq. Ft./Units/Rooms/Pads/Spaces) ($) calculations exclude the 180 Water non-pooled component.
   
  Loan No. 10 – 3 Columbus Circle – The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Loan per Net Rentable Area (Sq. Ft./Units/Rooms/Pads/Spaces) ($) calculations exclude the 3 Columbus Circle non-pooled component.
   
(4) Loan No. 5 – DC Mixed Use Portfolio VI – The Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the “as is” aggregate portfolio value of $53,480,000, as of November 14, 2019. The sum of the “as is” values of the respective properties is equal to $50,760,000, which results in Cut-Off Date LTV Ratio and LTV Ratio at Maturity or ARD of 66.7% and 66.7%, respectively.
   
  Loan No. 16 – The Block Apartments – The Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) are based on the “hypothetical as is” value of $30,980,000 as of October 4, 2019, which assumes that the scheduled capital work at the Mortgaged Property has been completed as of October 4, 2019. At origination, the borrower deposited approximately $1.9 million for the related capital work. The “as is” value is equal to $29,100,000, which results in an “as is” Cut-Off Date LTV Ratio and LTV Ratio at Maturity or ARD of 68.7% and 54.8%, respectively.
   
  Loan No. 38 – 895 West End Avenue – The Appraised Value used is a “Gross Sell-out Value”, which equals the sum of (i) the estimated unit values of all cooperative units at the 895 West End Avenue Property, based on various comparable sales of cooperative apartment units in the market, plus (ii) the estimated value of the parking spaces located at the 895 West End Avenue Property. The Cut-off Date LTV and Balloon LTV are based on the “Gross Sell-out Value”. The Cut-off Date LTV and Balloon LTV based on the “Multifamily Rental Appraised Value” are 6.3% and 4.8%, respectively.
   
  Loan No. 40 – Dollar General Portfolio – Dollar General Lake City – The Cut-Off Date LTV Ratio, LTV Ratio at Maturity or ARD and Appraised Value ($) for the Dollar General Portfolio are based on the “hypothetical as if complete & stabilized” value of $1,750,000 as of October 18, 2019, which assumes that the Mortgaged Property has been completed and stabilized as of October 18, 2019. The related Dollar General tenant has taken occupancy of its space and opened for business on November 14, 2019. The “as is” value is equal to $1,500,000, which results in an “as is” Cut-Off Date LTV Ratio and LTV Ratio at Maturity or ARD for the Dollar General Portfolio of 70.2% and 56.3%, respectively.
   
(5) Loan No. 17 – Bushwick Avenue Portfolio – The 871 Bushwick Avenue Property is subject to a ground lease.  See footnote (8) below.
   
  Loan No. 17 – Bushwick Avenue Portfolio – The Bushwick Avenue Portfolio Properties are comprised of two multifamily properties and one mixed-use building. The 871 Bushwick Avenue Property is comprised of 140,510 sq. ft. The 340 Evergreen Avenue Property is comprised of 157,037 sq. ft. or 168 units. The 889 Bushwick Avenue Property is comprised of 49,656 sq. ft. or 54 units.
   
(6) Loan No. 1 – Parklawn Building – The lockout period will be at least 25 payment dates beginning with and including the first payment date of December 1, 2019. Defeasance of the Parklawn Building Whole Loan is permitted after the date that is the
   

A-1-11

 

 

  earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) the payment date occurring on December 1, 2023. The assumed lockout period of 25 payment dates is based on the expected CF 2019-CF3 securitization closing date in December 2019. The actual lockout period may be longer.
   
  Loan No. 2 – Century Plaza Towers – The defeasance lockout period will be at least 25 payment dates beginning with and including the first payment date of December 9, 2019. Defeasance of the $1.2 billion Century Plaza Towers Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that holds the last portion of the Century Plaza Towers Whole Loan to be securitized and (ii) October 21, 2022. The assumed defeasance lockout period of 25 payments is based on the expected CF 2019-CF3 securitization closing date in December 2019. The actual defeasance lockout period may be longer. In the case of a prepayment subject to a yield maintenance premium, there is no lockout period.
   
  Loan No. 6 – Wells Fargo Place – The lockout period will be at least 25 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the Wells Fargo Place Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) October 25, 2022. The assumed lockout period of 25 months is based on the expected CF 2019-CF3 securitization closing date in December 2019. The actual lockout period may be longer.
   
  Loan No. 7 – 225 Bush – The defeasance lockout period will be at least 25 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the $350.0 million 225 Bush Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that holds the last portion of the 225 Bush Whole Loan to be securitized and (ii) October 11, 2022. The assumed defeasance lockout period of 25 payments is based on the expected CF 2019-CF3 securitization closing date in December 2019. The actual defeasance lockout period may be longer.
   
  Loan No. 9 – 180 Water – The lockout period will be at least 25 payment dates beginning with and including the first payment date of December 6, 2019. The 180 Water Borrower has the option to defease the full $265.0 million 180 Water Whole Loan after the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) the third anniversary of the first payment date. The assumed lockout period of 25 payment dates is based on the expected closing date of the CF 2019-CF3 securitization in December 2019. The actual lockout period may be longer.
   
  Loan No. 10 – 3 Columbus Circle – The lockout period will be at least 33 payments beginning with and including the first payment date of April 11, 2019. The 3 Columbus Circle Borrowers have the option to defease the full $595.0 million 3 Columbus Circle Whole Loan after the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) April 11, 2022. The assumed lockout period of 33 payment dates is based on the expected closing date of the CF 2019-CF3 securitization in December 2019. The actual lockout period may be longer.
   
  Loan No. 11 – Park Central Tower – The lockout period will be at least 24 payment dates beginning with and including the first payment date of January 6, 2020. Defeasance of the Park Central Tower Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) November 7, 2022. The assumed lockout period of 24 months is based on the expected CF 2019-CF3 securitization closing date in December 2019. The actual lockout period may be longer.
   
  Loan No. 12 – Airport Square – The lockout period will be at least 25 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the Airport Square Whole Loan is permitted after the date that is the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) December 6, 2023. The assumed lockout period of 25 months is based on the expected CF 2019-CF3 securitization closing date in December 2019. The actual lockout period may be longer.
   
(7) Partial release in connection with a partial prepayment or partial defeasance or substitution or a free release is permitted for the following loans. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus for the terms of the releases.
● Loan No.1 – Parklawn Building
● Loan No. 2 – Century Plaza Towers
● Loan No. 5 – DC Mixed Use Portfolio VI
● Loan No. 13 – Gold Brooklyn Multifamily Portfolio
● Loan No. 17 – Bushwick Avenue Portfolio
● Loan No. 21 – Pretium Industrial Portfolio
   
(8) Loan No. 17 – Bushwick Avenue Portfolio – The 871 Bushwick Avenue Portfolio Property is subject to a ground lease with Metro (the “871 Bushwick Ground Lease”). The 871 Bushwick Ground Lease is dated as of and commenced on July 1, 2019. The expiration date of the 871 Bushwick Ground Lease is June 30, 2049, with no renewal options. In the event that Metro files a declaration for a leasehold condominium (the “Declaration”) within the first year of the 871 Bushwick Ground Lease, the expiration date of the 871 Bushwick Ground Lease will be extended to the date that is 30 years from the filing of the Declaration. Metro is required to deliver notice of the filing of the Declaration to the landlord simultaneously with the recording of the Declaration. Annual ground rent is equal to $3.6 million, which escalates by 2.5% over the prior year each year during the term of the 871 Bushwick Ground Lease, except for in year 15, when the ground rent increases by 10% over the prior year.

 

A-1-12

 

 

  Loan No. 24 – Storage Outlet - Bellflower – Of the Mortgaged Property’s total 17.124 acres, 8.699 acres are leasehold and 8.425 acres are fee simple.
   
  Loan No. 42 – Storage Outlet – South Gate – The property is 100% leasehold.
   
  Loan No. 44 – Storage Outlet – South El Monte – The property is 100% leasehold.
   
(9) Loan No. 15 – 55 Talmadge – The largest tenant, Duck River Textile, Inc., leases 155,000 sq. ft. (57.4% of NRA) at the Mortgaged Property and is an affiliate of the borrower.
   
  Loan No. 27 – 4800 North Point Parkway – The second largest tenant, Hotel Equities, leases 15,387 sq. ft. (20.4% of NRA) at the Mortgaged Property and is an affiliate of the borrower.
   
  Loan No. 20 – 2450 Business Park – The single tenant, Applied Membranes, Inc., leases 156,390 sq. ft. (100.0% of NRA) at the Mortgaged Property and is an affiliate of the borrower.
   
(10) The lease expiration dates shown are based on full lease terms. However, in certain cases, a tenant may have the option to terminate its lease or abate rent prior to the stated lease expiration date for no reason after a specified period of time and/or upon notice to the landlord or upon the occurrence of certain contingencies including, without limitation, if landlord violates the lease or fails to provide utilities or certain essential services for a specified period or allows certain restricted uses, upon interference with tenant’s use of access or parking, upon casualty or condemnation, for zoning violations, if certain anchor or key tenants (including at an adjacent property) or a certain number of tenants go dark or cease operations, if a certain percentage of the net rentable area at the property is not occupied, if the tenant fails to meet sales targets or business objectives, or, in the case of a government tenant, for lack of appropriations or other reasons. In addition, in some instances, a tenant may have the right to assign its lease and be released from its obligations under the subject lease. Furthermore, some tenants may have the option to downsize their rented space without terminating the lease completely. In addition to the foregoing, the following are early non-contingent termination options for those tenants listed in Annex A-1:
   
  Loan No. 2 – Century Plaza Towers – the largest tenant, Bank of America, representing approximately 6.2% of the net rentable area at the Mortgaged Property, has the right to terminate its lease as of September 30, 2026 upon written notice on or before September 30, 2025 and the payment of a termination fee in the amount of $1,908,666. The fourth largest tenant Kirkland & Ellis, representing approximately 3.6% of the net rentable area at the Mortgaged Property, has a one-time right to terminate its lease as of January 1, 2032 upon written notice on or before January 1, 2031 and payment of a termination fee equal to the sum of (a) an amount equal to the base rent that would have been payable with respect to the terminated premises during the four (4) month period after the termination date had tenant not terminated this lease and (b) the unamortized amount, as of the termination date, calculated with interest in an amount equal to 8% per annum. The fifth largest tenant, Greenberg Glusker, has a one-time right to terminate its lease as of March 1, 2032 upon written notice on or before March 1, 2031 and the payment of a termination fee.
   
  Loan No. 2 – Century Plaza Towers – the largest tenant, Bank of America, has various lease expiration dates: (i) 106,890 sq. ft. with a lease expiration date of September 30, 2029, (ii) 17,833 sq. ft. with a lease expiration date of September 30, 2024 and (iii) 24,785 sq. ft. related to the Merrill Lynch space, with a lease expiration date of June 30, 2022.
   
  Loan No. 5 – DC Mixed Use Portfolio VI – Verizon Wireless (roof antenna), the third largest tenant at the 1219 Connecticut Avenue NW, has the ongoing right to terminate its lease, provided that it gives 3 months’ written notice.
   
  Loan No. 6 – Wells Fargo Place – The largest tenant, Minnesota State Colleges and Universities (“MSCU”), has an ongoing right to terminate its lease in the event that MSCU relocates to a state- or MSCU-owned facility. The second largest tenant, AgriBank, may surrender 5,000 to 8,000 sq. ft. between November 2021 and December 2023 with nine months’ notice.
   
  Loan No. 8 – 1824 Alton Road – The third largest tenant, Starbucks, has a one-time right to terminate its lease after December 2024, with payment of a $156,870 termination fee if the prior trailing twelve months’ sales are below $1.5 million.
   
  Loan No. 12 – Airport Square – Northrop Grumman, the largest tenant, has a one-time right to terminate its lease on May 31, 2021 for 56,584 sq. ft. of space at 800 International Drive with 9 months’ written notice and payment of a termination fee of $975,000. Northrop Grumman has a one-time right to terminate its lease on December 31, 2021 for 56,584 sq. ft. of space at 900 International Drive with 9 months’ written notice and payment of a termination fee of $975,000. The State of Maryland - MD Think, the second largest tenant, has the right to terminate its lease in whole or in part at any time with 180 days’ written notice. U.S. Army Corps of Engineers, the third largest tenant, may terminate its lease at any time, provided that the tenant gives 6 months’ written notice. U.S. Department of Veterans Affairs, the fourth largest tenant, may terminate its lease at any time, provided that the tenant gives 6 months’ written notice.
   

A-1-13

 

 

  Loan No. 23 – Sunset Business Center – The second largest tenant, Lutron, has the option to terminate its lease after October 1, 2026 with payment of the unamortized value of its tenant improvement allowance. The fifth largest tenant, Las Vegas Fencing Academy, has a one-time option to termination its lease after September 1, 2021 with 6 months’ written notice and payment of a termination fee equal to $25,650.
   
  Loan No. 27 – 4800 North Point Parkway – The third largest tenant, TIC - The Industrial Company, has a one-time right to terminate following March 2023 with 9 months’ notice and a termination fee equal to $288,927.
   
  Loan No. 43 – Gramercy Commons – The fifth largest tenant, Dollar Loan Center, can give notice to terminate its lease within three days after January 1, 2020, which termination becomes effective on the date which is ninety days following.
   
  Loan No. 46 – The Sterling Building – The fifth largest tenant, Serene Mind Psychology, can terminate its lease beginning on March 1, 2021 with 6 months’ notice.
   
(11) The following major tenants (listed on Annex A-1) are currently subleasing all or a significant portion of its leased space:
   
  Loan No. 5 - DC Mixed Use Portfolio VI – The second largest tenant at the 623-625 H Street NW property (27.6% by allocated loan amount), Knowland Group Holdings, Inc., subleases 100% of its space (4,801 sq. ft.) to Measure UAS, Inc., which the tenant has subleased the space since April 2017 and recently extended the sublease through February 29, 2020. Notwithstanding the sublease, Knowland Group Holdings, Inc. remains obligated under its lease. The Mortgage Loan was underwritten based on the rent due under the Knowland Group Holdings, Inc. lease.
   
  Loan No. 6 – Wells Fargo Place – The second largest tenant, AgriBank, subleases 8,337 sq. ft. to an affiliate. The terms of the sublease were not available and the prime lease was underwritten. The fifth largest tenant, Larson King, subleases 2,858 sq. ft. to The Cakerie, an adjacent tenant. The terms of the sublease were not available and the prime lease was underwritten.
   
  Loan No. 11 – Park Central Tower – The largest tenant, TBK Bank, SSB, subleases 26,199 sq. ft. from Alon USA Energy, the fifth largest tenant, which sq. ft. is included in TBK Bank, SSB’s total space of 78,597 sq. ft. TBK Bank, SSB has signed a direct lease for the subleased space, which will commence in October 2023.
   
(12) The tenants shown in the Annex A-1 have signed leases but may or may not be open for business as of the Cut-off Date of the securitization.
   
  Loan No. 2 – Century Plaza Towers – the largest tenant, Bank of America, representing approximately 6.2% of the net rentable area at the Mortgaged Property, has signed a lease for an additional 26,664 sq. ft. on the 13th floor of the South Tower and is expected to begin paying rent and take occupancy in January 2020. The second largest tenant, Manatt Phelps, representing approximately 4.8% of the net rentable area at the Mortgaged Property, has signed a lease for five suites in the South Tower on the 4th, 14th, 15th, 16th and 17th floors totaling 116,366 sq. ft. and is expected to begin paying rent and take occupancy in stages starting in March 2020, with full occupancy of the space expected by May 2020. The fourth largest tenant, Kirkland & Ellis, representing approximately 3.6% of net rentable area at the Mortgaged Property, has not yet taken occupancy and is expected to occupy three suites in the South Tower on the 37th, 38th, and 39th floors totaling 85,664 sq. ft. starting in January 2020. The fifth largest tenant, Greenberg Glusker, representing approximately 3.5% of the net rentable area at the Mortgaged Property has signed a lease for three suites in the South Tower on the 26th, 27th and 31st floors totaling 83,199 sq. ft. and is expected to begin paying rent and take occupancy in March 2020. We cannot assure you whether these tenants will take occupancy and begin paying rent as expected or at all.
   
  Loan No. 8 – 1824 Alton Road – The third largest tenant, Starbucks, has accepted possession of its space and is currently completing its buildout with an anticipated opening date in the first week of December 2019. At origination of the 1824 Alton Road Loan, $157,681 was deposited with the title company for outstanding TI/LCs owed to Starbucks, along with $48,675, which is more than three months of Starbucks rental payments held by the lender.
   
  Loan No. 23 – Sunset Business Center – The second largest tenant, Lutron, and fifth largest tenant, Las Vegas Fencing Academy, have signed leases, begun paying rent and accepted possession of their respective spaces, but are not yet open for business. At origination of the Mortgage Loan, $373,149 for outstanding TI/LCs were escrowed with respect to Lutron and Las Vegas Fencing Academy.
   
(13) Loan No. 13 – Gold Brooklyn Multifamily Portfolio– The Gold Brooklyn Multifamily Portfolio Mortgage Loan was structured with a $1,500,000 Certificate of Occupancy Earnout reserve. The Gold Brooklyn Multifamily Portfolio Mortgage Loan was also structured with a $40,518 Affordable Units Holdback Reserve. The lender will be required to return any remaining amount upon (i) Debt Yield >= 7.0%; (ii) LTV <63.0%; (iii) all of the Affordable Units being leased, each with a base minimum monthly rent. In the event that any amount remains in the Affordable Units Holdback reserve after November 8, 2022, such amount will either remain in the reserve as additional collateral, or the lender, at its option, may apply the reserve as a prepayment of the Gold Brooklyn Multifamily Portfolio Mortgage Loan (together with yield maintenance).
   

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(14) Loan No. 8 – 1824 Alton Road – On a monthly basis during the first five years of the loan term, the borrower is required to deposit $1,991 into a TI/LC reserve account. Ongoing TI/LC collections are increased to $2,654 per month thereafter.
   
(15) Loan No. 35 – Westmoreland Medical Center – A dry cleaner used to be located to the south and upgradient from the Mortgaged Property. Due to its historic use as a dry cleaner, lack of available regulatory data and its upgradient location from the Mortgaged Property, the former dry cleaner represents an REC for soil vapor contamination. A Limited Phase II subsurface investigation was ordered, in which the environmental engineer collected soil boring, soil gas and groundwater samples from the Mortgaged Property. Lab results determined that all tested compounds were below Oregon's environmental standards. The lender’s environmental consultant reviewed the Phase II and determined no further action is required.
   
(16) With respect to the Mortgage Loans identified below, the lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a sponsor, (iii) to address environmental conditions or concerns or (iv) for other reasons. For additional information, see “Description of the Mortgage Loan—Environmental Conditions” in the Preliminary Prospectus.

 

  Loan No.   Mortgage Loan   Mortgage Loan
Cut-off Date
Balance
  % of Initial Outstanding Pool Balance   Maximum Policy
Amount
  Premium Paid in
Full
  2.00   Century Plaza Towers   $50,000,000   6.3%   $15,000,000   Yes
  6.07   DC Mixed Use Portfolio VI – 707 6th Street NW   $2,333,713   0.3%   $1,000,000   Yes
  15.00   55 Talmadge   $20,000,000   2.5%   $10,000,000   Yes
  18.00   Westlake Village Marketplace   $18,000,000   2.3%   $3,000,000   Yes
  37.00   30610 East  Broadway   $6,630,000   0.8%   $3,000,000   Yes
   
(17) Split Loan Summary

 

  Loan No.   Mortgage Loan   A-Note or Pooled Component Cut-off Date Balance   B-Note or Non-Pooled Component Cut-off Date Balance   Total Mortgage Debt Cut-off Date Balance   Pooled Trust U/W NCF DSCR   Total Mortgage Debt U/W NCF DSCR   Pooled Trust Cut-off Date LTV Ratio   Total Mortgage Debt Cut-off Date LTV Ratio   Pooled Trust U/W NOI Debt Yield   Total Mortgage Debt U/W NOI Debt Yield
  2 00   Century Plaza Towers   $50,000,000   $300,000,000   $1,200,000 000   4.09x   3.07x   39.1%   52.1%   13.5%   10.1%
  7.00   225 Bush   $28,600,000   $146,400,000   $350,000,000   3.85x   2.24x   34.6%   59.4%   13.4%   7.8%
  9.00   180 Water   $25,000,000   $127,500,000   $365,000,000   3.15x   1.63x   30.5%   58.7%   11.0%   5.7%
  10.00   3 Columbus Circle   $25,000,000   $105,000,000   $595,000,000   2.91x   2.40x   45.4%   55.1%   12.3%   10.2%
                                           
(18) Summary of Existing Mezzanine Debt
   
  Loan No.   Mortgage Loan   Mortgage Loan Cut-off Date Balance   % of Initial Outstanding Pool Balance   Mezzanine Debt Cut-off Date Balance   Annual Interest Rate on Mezzanine Loan   Mezzanine Loan Maturity Date   Intercreditor Agreement   Total Debt Cut-off Date LTV Ratio   Total Debt U/W NCF DSCR   Total Debt U/W NOI Debt Yield
                                           
  9.00   180 Water   $25,000,000   3.2%   $100,000,000   8.3000%   11/6/2024   Yes   80.8%   0.85x   4 1%
                                           
(19) Summary of Future Permitted Subordinate Debt
   
  Loan No.   Mortgage Loan   Mortgage Loan Cut-off Date Balance   % of Initial Outstanding Pool Balance   Intercreditor Agreement   Combined Minimum DSCR   Combined Maximum LTV Ratio   Combined Debt Yield
  2.00   Century Plaza Towers   $50,000,000   6.3%   Yes   3.12x   51.1%   9.5%
  5.00   DC Mixed Use Portfolio VI   $33,845,500   4.3%   Yes   1.48x   65.0%   8.06%
  6.00   Wells Fargo Place   $30,000,000   3.8%   Yes   N/A   75.0%   9.5%
  8.00   1824 Alton Road   $26,150,000   3.3%   Yes   1.81x   60.8%   7.35%
  9.00   180 Water   $25,000,000   3.2%   Yes   0.85x   80.8%   4.1%
                               
(20) Loan No. 4 – AVR Renaissance Atlanta Airport Gateway - The AVR Renaissance Gateway Property operates under a management agreement with Renaissance Hotel Management Company, LLC, a subsidiary of Marriott International, which expires on December 31, 2044 with two ten-year renewal options remaining.
   
  Loan No. 5 – DC Mixed Use Portfolio VI – The Mortgage Loan has five residential units at the 919 F Street NW building, which account for 5.5% of NRA and 4.3% of U/W GPR.
   

A-1-15

 

   

  

Loan No. 18. – Westlake Village Marketplace – The Westlake Village Marketplace Property’s historical occupancy was not provided by the borrower. As a result, Historical Occupancy is not available.
   
  Loan No. 20– 2450 Business Park – The 2450 Business Park Property was built in 2014 and has been occupied by Applied Membranes, Inc., which is owned by the 2450 Business Park Borrower since completion. Applied Membranes, Inc. executed a 12-year lease for all of the space at the 2450 Business Park Property in November 2019. As such, Historical Occupancy is not applicable.
   
  Loan No. 43 – Gramercy Commons – The Most Recent EGI, Most Recent Expenses, Most Recent NOI, Most Recent Capital Items, and Most Recent NCF are annualized based on the six-month operating statement dated June 30, 2019.
   
(21) Loan No. 4 – AVR Renaissance Atlanta Airport Gateway – The College Park Business and Industrial Development Authority (“BIDA”) is the borrower. The borrower guarantor is College Park Gateway Hotel Three, LLC (the ”Borrower Guarantor”), a single purpose entity structured to be bankruptcy remote. The Borrower Guarantor has the sole and exclusive right to operate the Mortgaged Property pursuant to a 50-year Parcel Design, Development and Operating Agreement (the “PDDO Agreement”) between the Borrower Guarantor and BIDA. Pursuant to the PDDO Agreement, the Borrower Guarantor has rights in the Mortgaged Property that are similar to leasehold interest rights. As long as BIDA owns the fee simple interest in the Mortgaged Property, it is tax exempt from both real and personal property taxes. In lieu of ad valorem taxes, the Borrower Guarantor is obligated to make certain rental payments to BIDA, comprised of (i) the monthly debt service payments under the Mortgage Loan, (ii) fixed annual “Land Rent” in the amount of $194,444, (iii) “Additional Rent” based on a schedule as provided in the PDDO Agreement and subject to certain cash flow performance thresholds, and (iv) “Administrative Rent,” which equates to one-eighth (1/8) of 1.0% of the outstanding principal balance of the Mortgage Loan. The Mortgage Loan is structured with BIDA being the borrower entity (with limited obligations relating to the Mortgaged Property).  As collateral for the Mortgage Loan, BIDA has granted to the lender a first priority lien in its fee simple interest in the Mortgaged Property and has issued a bond in the principal amount of the Mortgage Loan, which bond is payable to the lender. Additionally, the Borrower Guarantor has guaranteed BIDA’s payment and performance under the Mortgage Loan, and, as collateral for its guaranty, the Borrower Guarantor has pledged its security interest and assigned to the lender all of its rights and interests in the PDDO Agreement.
   
(22) The Administrative Fee Rate includes the respective per annum rates applicable to the calculation of the servicing fee, any sub-servicing fee, trustee/certificate administrator fee, asset representations reviewer fee, operating advisor fee and CREFC® license fee with respect to each Mortgage Loan. For purposes of this Annex A-1, the definition of Administrative Fee Rate as it relates to any Non-Serviced Mortgage Loan includes the related Pari Passu Loan Primary Servicing Fee Rate which includes the “primary servicing fee rate” (as defined or set forth in the applicable pooling and servicing agreement) and any other related servicing fee rate (other than those payable to the applicable special servicer) applicable to such Non-Serviced Mortgage Loan that constitutes a portion of the “servicing fee rate” applicable to the other master servicer under the applicable other pooling and servicing agreement. 
   
(23) Annual Debt Service, Monthly Debt Service, Underwritten NOI DSCR and Underwritten NCF DSCR for Mortgage Loans (i) with partial interest only periods are shown based on the monthly debt service payment immediately following the expiration of the interest only period and (ii) that are interest only until the related maturity date are shown based on the interest only payments during the 12-month period following the Cut-off Date (or, in the case of Monthly Debt Service, the average of such interest only payments).  
   
(24) “Hard” generally means each tenant is required to transfer its rent directly to the lender-controlled lockbox account. However, with respect to hospitality properties, “Hard” means all (or most) credit card receipts are deposited directly into the lockbox by the card processing company and all over-the-counter cash (or in some cases, over a certain dollar amount) and checks and equivalents are required to be deposited by the property manager or borrower into the lockbox. “Soft” means the borrower has established a lockbox account that will be under lender control and the borrower or property manager must collect rents from the tenants and then deposit those rents into such lockbox account. “Springing Soft” means that upon the occurrence of a trigger event (as specified in the related Mortgage Loan documents), the borrower is required to establish a lender controlled lockbox and the borrower and/or the property manager are required to deposit all rents collected from the tenants into such lockbox account. “Springing Hard” means that upon a trigger event (as specified in the related Mortgage Loan documents), the borrower is required to establish a lender controlled lockbox account and to direct each tenant to deposit its rents directly to the lender-controlled lockbox. “Soft Springing Hard” means that prior to the securitization closing date, a soft lockbox was established for such Mortgage Loan and upon a trigger event (as specified in the related Mortgage Loan documents), the borrower is required to direct each tenant to deposit its rents directly into a lender-controlled lockbox.
   
(25) “In Place” means that amounts in the lender controlled lockbox account are applied to pay debt service, reserves and any other payment amounts due under (and as specified in) the related Mortgage Loan documents, prior to the disbursement of any excess cash either to the related borrower or to a lender controlled account to be held as additional collateral for the Mortgage Loan. “Springing” means that upon the occurrence of a trigger event (as specified in the related Mortgage Loan documents), amounts in the lockbox account (which may have been put in place in connection with the trigger) will be applied as described above in the definition of “In Place” cash management (as described above). Springing cash management will continue until all trigger events are cured (to the extent set forth in the related Mortgage Loan documents (including that under some circumstance a cure is not permitted under the related Mortgage Loan documents)).
   

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(26) The grace periods noted under “Grace Period” reflect the number of days of grace before a payment default is an event of default. Certain jurisdictions impose a statutorily longer grace period. Certain of the Mortgage Loans may additionally be subject to grace periods with respect to the occurrence of an event of default (other than a payment default) and/or commencement of late charges which are not addressed in Annex A-1 to this Preliminary Prospectus.
   
(27) Prepayment Provisions are shown from the respective Mortgage Loan First Payment Date.
   
  “LO(x)” means lock-out for x payments.
   
  “DEF(x)” means may be defeased for x payments.
   
  “YM1(x)” means may be prepaid for x payments with payment of the greater of a yield maintenance charge and 1% of the amount prepaid.
   
  “DorYM1 (x)” means may be prepaid for x payments with either defeasance or a yield maintenance charge or 1% of the amount prepaid.
   
  “O(x)” means freely prepayable for x payments, including the maturity date or anticipated repayment date.
   
  Certain of the Mortgage Loans permit the release of a portion of a Mortgaged Property (or an individual Mortgaged Property, in connection with a portfolio mortgage loan) under various circumstances, as described in this Preliminary Prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in this Preliminary Prospectus.

 

A-1-17