FWP 1 n3202-x5_anxa1.htm FREE WRITING PROSPECTUS

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-258342-02
     

 

     
 

Free Writing Prospectus dated August 1, 2022

The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-258342) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.

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

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in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

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

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system.

  
     

 

 

 

BMARK 2022-B36: Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address City County
                1          
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 9.4% 100.0% CREFI, WFBNA, JPMCB CREFI/JPMCB NAP NAP 79 Fifth Avenue New York New York
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 8.8%   CREFI, BMO, SMC CREFI NAP NAP Various New York New York
2.01 Property   1 Yorkshire Towers 7.5% 86.1%         305 East 86th Street New York New York
2.02 Property   1 Lexington Towers 1.2% 13.9%         160 East 88th Street New York New York
3 Loan 2, 5, 12 1 39 Broadway 8.6% 100.0% CREFI CREFI NAP NAP 39 Broadway New York New York
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 8.0% 100.0% DBRI GACC NAP NAP 7051 Willoughby Avenue and 911-953 North Sycamore Avenue Los Angeles Los Angeles
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 8.0% 100.0% CREFI CREFI NAP NAP 5900 East Virginia Beach Boulevard Norfolk Norfolk City
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 6.6% 100.0% JPMCB, MSBNA JPMCB NAP NAP 1000 Woodward Avenue Detroit Wayne
7 Loan 10, 21, 22, 27 1 Gateway Plaza 5.3% 100.0% GSBI GSMC NAP NAP 800 East Canal Street Richmond Richmond City
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 4.6% 100.0% DBRI GACC NAP NAP 2525 16th Street San Francisco San Francisco
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I 4.3%   GSBI GSMC Yes - Group 1 NAP Various Various Various
9.01 Property   1 2912 3rd Avenue North 0.7% 17.6%         2912 3rd Avenue North Birmingham Jefferson
9.02 Property   1 85 Sidney Phillips Drive 0.5% 12.2%         85 Sidney Phillips Drive Mobile Mobile
9.03 Property   1 2609 Clinton Avenue West 0.2% 5.1%         2609 Clinton Avenue West Huntsville Madison
9.04 Property   1 1130 Lincoln Road 0.2% 5.0%         1130 Lincoln Road Montgomery Montgomery
9.05 Property   1 3015 10th Avenue 0.2% 4.7%         3015 10th Avenue Tuscaloosa Tuscaloosa
9.06 Property   1 320 North 3rd Street 0.2% 4.6%         320 North 3rd Street Gadsden Etowah
9.07 Property   1 458 Bic Road 0.2% 4.5%         458 Bic Road Dothan Houston
9.08 Property   1 1732 Creighton Avenue Southeast 0.2% 4.3%         1732 Creighton Avenue Southeast Decatur Morgan
9.09 Property   1 437 South Noble Street 0.2% 4.3%         437 South Noble Street Anniston Calhoun
9.10 Property   1 4211 North Jackson Highway 0.2% 4.0%         4211 North Jackson Highway Sheffield Colbert
9.11 Property   1 2609 Decatur Highway 0.2% 3.6%         2609 Decatur Highway Gardendale Jefferson
9.12 Property   1 125 Hollywood Boulevard Northeast 0.1% 3.5%         125 Hollywood Boulevard Northeast Fort Walton Beach Okaloosa
9.13 Property   1 7 Armstrong Street Northwest 0.1% 3.3%         7 Armstrong Street Northwest Rome Floyd
9.14 Property   1 1212 Webster Avenue 0.1% 3.2%         1212 Webster Avenue Columbus Muscogee
9.15 Property   1 4025 North Palafox Street 0.1% 3.1%         4025 North Palafox Street Pensacola Escambia
9.16 Property   1 2310 Frederick Road 0.1% 2.5%         2310 Frederick Road Opelika Lee
9.17 Property   1 501 & 503 Railroad Avenue 0.1% 2.5%         501 & 503 Railroad Avenue Albertville Marshall
9.18 Property   1 20762 Brinks Willis Road 0.1% 2.3%         20762 Brinks Willis Road Foley Baldwin
9.19 Property   1 2201-C Highway 31 South 0.1% 2.1%         2201-C Highway 31 South Pelham Shelby
9.20 Property   1 1112 US Highway 31 South 0.1% 1.9%         1112 US Highway 31 South Athens Limestone
9.21 Property   1 1916 11th Avenue North 0.1% 1.6%         1916 11th Avenue North Bessemer Jefferson
9.22 Property   1 1715 Main Avenue Southwest 0.1% 1.5%         1715 Main Avenue Southwest Cullman Cullman
9.23 Property   1 9715 Milton Jones Road 0.1% 1.4%         9715 Milton Jones Road Daphne Baldwin
9.24 Property   1 710 Oakhill Road 0.1% 1.2%         710 Oakhill Road Jasper Walker
10 Loan   5 Keylock Storage Portfolio II 4.2%   CREFI CREFI NAP NAP Various Various Various
10.01 Property   1 Keylock Storage - Middleton 1.1% 25.3%         17792 Middleton Road Nampa Canyon
10.02 Property   1 Keylock Storage - Hayden 1.0% 22.5%         9906 North Government Way Hayden Kootenai
10.03 Property   1 Keylock Storage - Apple 0.8% 19.9%         2200 West Appleway Avenue Coeur d’Alene Kootenai
10.04 Property   1 Keylock Storage - Nampa 0.7% 17.6%         146 North Middleton Road Nampa Canyon
10.05 Property   1 Keylock Storage - Pasco 0.6% 14.6%         3030 West Irving Street Pasco Franklin
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II 4.0%   GSBI GSMC Yes - Group 1 NAP Various Various Various
11.01 Property   1 1919 Superior Street 1.9% 47.4%         1919 Superior Street Elkhart Elkhart
11.02 Property   1 11170 Green Valley Drive 1.7% 41.7%         11170 Green Valley Drive Olive Branch DeSoto
11.03 Property   1 2030 Old Candler Road 0.4% 10.9%         2030 Old Candler Road Gainesville Hall
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 3.7% 100.0% JPMCB JPMCB NAP NAP 5905-6115 North Illinois Street Fairview Heights St. Clair
13 Loan   3 Amsdell Southern Storage Portfolio 3.1%   CREFI CREFI NAP NAP Various Various Various
13.01 Property   1 Compass Self Storage - Fate 1.5% 47.2%         159 Riding Club Road Fate Rockwall
13.02 Property   1 Compass Self Storage - Mansfield 0.9% 28.5%         2231 Country Club Drive Mansfield Tarrant
13.03 Property   1 Compass Self Storage - Leesburg 0.8% 24.3%         8125 County Road 44 Leesburg Lake
14 Loan   1 7800 Red Road 2.7% 100.0% GSBI GSMC NAP NAP 7800 Southwest 57th Avenue South Miami Miami-Dade
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 2.2%   DBRI GACC NAP NAP Various Various Various
15.01 Property   1 30 Mount Gilead Church Road 1.2% 55.1%         30 Mount Gilead Church Road Pittsboro Chatham
15.02 Property   1 1004 Greensboro Road 1.0% 44.9%         1000 and 1004 Greensboro Road High Point Guilford
16 Loan 1, 12 1 Covington Center 2.1% 100.0% BSPRT GACC NAP NAP 17307 Southeast 272nd Street Covington King
17 Loan 25 3 NMC Industrial Portfolio III 1.7%   GSBI GSMC Yes - Group 1 NAP Various Various Various
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue 0.8% 48.5%         4001, 4161 & 4171 East 7th Avenue Tampa Hillsborough
17.02 Property   1 861 Finches Ferry Road 0.8% 45.2%         861 Finches Ferry Road Eutaw Greene
17.03 Property   1 112 Walker Drive 0.1% 6.3%         112 Walker Drive Springville St. Clair
18 Loan 14 1 Paloma Village Center 1.5% 100.0% DBRI GACC NAP NAP 6330-6370 North Campbell Avenue Tucson Pima
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North 1.4% 100.0% JPMCB JPMCB NAP NAP 225 Shorecrest Drive Altamonte Springs Seminole
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 1.3% 100.0% DBRI GACC NAP NAP 1933 South Broadway Los Angeles Los Angeles
21 Loan 13, 21 1 South Park Business Center 1.1% 100.0% CREFI CREFI NAP NAP 21-63 and 50-164 South Park Boulevard Greenwood Johnson
22 Loan   1 Chantilly Self Storage 1.1% 100.0% GSBI GSMC NAP NAP 14151 Mariah Court Chantilly Fairfax
23 Loan 14 2 ABC Self Storage Portfolio 0.9%   DBRI GACC Yes - Group 2 NAP Various Various Marquette
23.01 Property   1 ABC Storage 0.7% 82.0%         600 Carson Road, 790 US Highway 41 and 19 US Highway 41 East Ishpeming and Negaunee Marquette
23.02 Property   1 ABC Easy 0.2% 18.0%         1120 East State Highway M-35 and 295 South State Highway M553 Gwinn Marquette
24 Loan 1, 15, 27 2 Florida NNN Portfolio 0.9%   LCF GACC NAP NAP Various Various Various
24.01 Property   1 CVS - South Orange 0.7% 79.5%         12077 South Orange Blossom Trail Orlando Orange
24.02 Property   1 Dollar General - Mims 0.2% 20.5%         3685 Lionel Road Mims Brevard
25 Loan 10, 28 1 Johns Hopkins University 0.8% 100.0% GSBI GSMC NAP NAP 7700 Montpelier Road Laurel Howard
26 Loan 21, 25 1 Walgreens Coney Island Ave 0.8% 100.0% DBRI GACC NAP NAP 2586 Coney Island Avenue Brooklyn Kings
27 Loan 13 1 Village at Thrashers 0.8% 100.0% DBRI GACC NAP NAP 20804-20806 Bothell Everett Highway Bothell Snohomish
28 Loan 18 1 Stonington Self Storage 0.8% 100.0% CREFI CREFI NAP NAP 30 Extrusion Drive Stonington New London
29 Loan 29 2 CIG Self Storage Portfolio 0.6%   GSBI GSMC NAP NAP Various Various Various
29.01 Property   1 West Valley 0.3% 57.7%         1656 Whitlock Avenue West Valley City Salt Lake
29.02 Property   1 Layton 0.2% 42.3%         3207 North 750 East Layton Davis
30 Loan 13, 14 1 Absolute Self Storage 0.4% 100.0% DBRI GACC Yes - Group 2 NAP 5656 Military Parkway Dallas Dallas
31 Loan 13, 14 1 Wagner Ford Self Storage 0.3% 100.0% DBRI GACC Yes - Group 2 NAP 2130 Wagner Ford Road Dayton Montgomery
                           

A-1-1 

 

BMARK 2022-B36: Annex A-1

                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($)
              2 2     3     4,5
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue New York 10003 Office CBD 1906 2016 345,751 SF 694.14 71,000,000
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers New York Various Multifamily High Rise Various Various 808 Units 393,564.36 66,000,000
2.01 Property   1 Yorkshire Towers New York 10028 Multifamily High Rise 1964 2014, 2022 681 Units   56,798,742
2.02 Property   1 Lexington Towers New York 10128 Multifamily High Rise 1963 2014 127 Units   9,201,258
3 Loan 2, 5, 12 1 39 Broadway New York 10006 Office CBD 1927 2005 450,583 SF 188.64 65,000,000
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore California 90038 Mixed Use Office/Retail 2019 NAP 138,294 SF 433.86 60,000,000
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard Virginia 23502 Retail Anchored 1959 2003 842,216 SF 71.24 60,000,000
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius Michigan 48226 Office CBD 2003 2019-2020 1,356,325 SF 160.73 50,000,000
7 Loan 10, 21, 22, 27 1 Gateway Plaza Virginia 23219 Office CBD 2015 NAP 333,030 SF 120.11 40,000,000
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building California 94103 Mixed Use Industrial/Office 1924 2021 172,328 SF 580.29 35,000,000
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I Various Various Industrial Various Various Various 606,967 SF 52.85 32,076,375
9.01 Property   1 2912 3rd Avenue North Alabama 35203 Industrial Flex 1980 1990 84,147 SF   5,629,460
9.02 Property   1 85 Sidney Phillips Drive Alabama 36607 Industrial Flex 1980 NAP 67,829 SF   3,926,188
9.03 Property   1 2609 Clinton Avenue West Alabama 35805 Industrial Flex 1961 1992 28,488 SF   1,633,987
9.04 Property   1 1130 Lincoln Road Alabama 36109 Industrial Flex 1990 2007 36,763 SF   1,587,796
9.05 Property   1 3015 10th Avenue Alabama 35401 Industrial Flex 1985 NAP 31,578 SF   1,518,511
9.06 Property   1 320 North 3rd Street Alabama 35901 Industrial Warehouse/Distribution 1968 1991 30,916 SF   1,483,868
9.07 Property   1 458 Bic Road Alabama 36303 Industrial Flex 1986 2020 34,173 SF   1,437,677
9.08 Property   1 1732 Creighton Avenue Southeast Alabama 35601 Industrial Flex 1975 1991 28,070 SF   1,379,939
9.09 Property   1 437 South Noble Street Alabama 36201 Industrial Flex 1973 2002 27,878 SF   1,385,713
9.10 Property   1 4211 North Jackson Highway Alabama 35660 Industrial Flex 1978 1998 25,851 SF   1,287,559
9.11 Property   1 2609 Decatur Highway Alabama 35071 Industrial Flex 1975 2018 19,891 SF   1,140,327
9.12 Property   1 125 Hollywood Boulevard Northeast Florida 32548 Industrial Flex 1991 NAP 15,839 SF   1,114,344
9.13 Property   1 7 Armstrong Street Northwest Georgia 30165 Industrial Flex 1991 NAP 20,110 SF   1,056,606
9.14 Property   1 1212 Webster Avenue Georgia 31901 Industrial Flex 2003 NAP 18,416 SF   1,039,285
9.15 Property   1 4025 North Palafox Street Florida 32505 Industrial Flex 1971 NAP 14,415 SF   998,868
9.16 Property   1 2310 Frederick Road Alabama 36801 Industrial Flex 1995 NAP 17,494 SF   808,333
9.17 Property   1 501 & 503 Railroad Avenue Alabama 35950 Industrial Warehouse/Distribution 1991 NAP 17,816 SF   802,559
9.18 Property   1 20762 Brinks Willis Road Alabama 36535 Industrial Flex 2003 NAP 14,894 SF   721,726
9.19 Property   1 2201-C Highway 31 South Alabama 35124 Industrial Flex 1980 NAP 16,936 SF   678,422
9.20 Property   1 1112 US Highway 31 South Alabama 35611 Industrial Flex 1970 NAP 15,649 SF   623,571
9.21 Property   1 1916 11th Avenue North Alabama 35020 Industrial Flex 1993 2008 10,992 SF   513,869
9.22 Property   1 1715 Main Avenue Southwest Alabama 35055 Industrial Flex 2002 NAP 10,086 SF   476,339
9.23 Property   1 9715 Milton Jones Road Alabama 36526 Industrial Flex 2015 NAP 10,089 SF   438,809
9.24 Property   1 710 Oakhill Road Alabama 35504 Industrial Flex 1995 NAP 8,647 SF   392,619
10 Loan   5 Keylock Storage Portfolio II Various Various Self Storage Self Storage Various Various 414,658 SF 77.17 32,000,000
10.01 Property   1 Keylock Storage - Middleton Idaho 83687 Self Storage Self Storage 2007, 2015 NAP 133,960 SF   8,097,474
10.02 Property   1 Keylock Storage - Hayden Idaho 83835 Self Storage Self Storage 1984, 2021 NAP 75,946 SF   7,201,601
10.03 Property   1 Keylock Storage - Apple Idaho 83814 Self Storage Self Storage 1976 2004 71,882 SF   6,375,305
10.04 Property   1 Keylock Storage - Nampa Idaho 83651 Self Storage Self Storage 2006, 2019, 2021 NAP 70,920 SF   5,639,768
10.05 Property   1 Keylock Storage - Pasco Washington 99301 Self Storage Self Storage 2001 NAP 61,950 SF   4,685,852
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II Various Various Industrial Various Various NAP 861,600 SF 35.04 30,187,500
11.01 Property   1 1919 Superior Street Indiana 46516 Industrial Manufacturing/Distribution 1946 NAP 423,800 SF   14,317,500
11.02 Property   1 11170 Green Valley Drive Mississippi 38654 Industrial Warehouse/Distribution 1986 NAP 340,000 SF   12,592,500
11.03 Property   1 2030 Old Candler Road Georgia 30507 Industrial Manufacturing 1984 NAP 97,800 SF   3,277,500
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place Illinois 62208 Retail Anchored 1986-2002 NAP 272,060 SF 102.96 28,012,500
13 Loan   3 Amsdell Southern Storage Portfolio Various Various Self Storage Self Storage Various Various 311,774 SF 75.38 23,500,000
13.01 Property   1 Compass Self Storage - Fate Texas 75087 Self Storage Self Storage 2008 2016 143,169 SF   11,100,000
13.02 Property   1 Compass Self Storage - Mansfield Texas 76063 Self Storage Self Storage 2016 NAP 100,200 SF   6,700,000
13.03 Property   1 Compass Self Storage - Leesburg Florida 34788 Self Storage Self Storage 1995 NAP 68,405 SF   5,700,000
14 Loan   1 7800 Red Road Florida 33143 Office Suburban 1971 2017 57,128 SF 350.09 20,000,000
15 Loan 12, 13, 14 2 NC Self Storage Portfolio North Carolina Various Self Storage Self Storage Various Various 157,374 SF 107.39 16,900,000
15.01 Property   1 30 Mount Gilead Church Road North Carolina 27312 Self Storage Self Storage 1994, 1995, 2012, 2013, 2015 2017 82,314 SF   9,311,146
15.02 Property   1 1004 Greensboro Road North Carolina 27260 Self Storage Self Storage 2000, 2016, 2018, 2019 NAP 75,060 SF   7,588,854
16 Loan 1, 12 1 Covington Center Washington 98042 Retail Anchored 1963-2008 2011 119,529 SF 133.86 16,000,000
17 Loan 25 3 NMC Industrial Portfolio III Various Various Various Various Various Various 332,681 SF 39.58 13,167,500
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue Florida 33605 Mixed Use Industrial/Office 1965, 1980, 1986, 2015 NAP 90,647 SF   6,382,500
17.02 Property   1 861 Finches Ferry Road Alabama 35462 Industrial Manufacturing 1980 1985-2006 205,792 SF   5,951,250
17.03 Property   1 112 Walker Drive Alabama 35146 Industrial Manufacturing 1972 NAP 36,242 SF   833,750
18 Loan 14 1 Paloma Village Center Arizona 85718 Retail Anchored 2004 NAP 38,347 SF 292.07 11,200,000
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North Florida 32701 Hospitality Full Service 1985 2022 277 Rooms 38,267.15 10,600,000
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef California 90007 Mixed Use Office/Retail 1958 2019 806,960 SF 185.88 10,000,000
21 Loan 13, 21 1 South Park Business Center Indiana 46143 Industrial Flex 1989, 1990 NAP 125,596 SF 67.44 8,470,000
22 Loan   1 Chantilly Self Storage Virginia 20151 Self Storage Self Storage 1998 NAP 71,087 SF 112.54 8,000,000
23 Loan 14 2 ABC Self Storage Portfolio Michigan Various Self Storage Self Storage 2005 NAP 196,456 SF 34.58 6,792,500
23.01 Property   1 ABC Storage Michigan 49849 and 49866 Self Storage Self Storage 2005 NAP 158,056 SF   5,567,500
23.02 Property   1 ABC Easy Michigan 49841 Self Storage Self Storage 2005 NAP 38,400 SF   1,225,000
24 Loan 1, 15, 27 2 Florida NNN Portfolio Florida Various Retail Single Tenant Various NAP 22,872 SF 288.56 6,600,000
24.01 Property   1 CVS - South Orange Florida 32837 Retail Single Tenant 2010 NAP 13,846 SF   5,244,427
24.02 Property   1 Dollar General - Mims Florida 32754 Retail Single Tenant 2022 NAP 9,026 SF   1,355,573
25 Loan 10, 28 1 Johns Hopkins University Maryland 20723 Mixed Use Industrial/Office 2001 NAP 43,785 SF 141.37 6,190,000
26 Loan 21, 25 1 Walgreens Coney Island Ave New York 11230 Other Leased Fee 2008 NAP 12,394 SF 488.14 6,050,000
27 Loan 13 1 Village at Thrashers Washington 98021 Retail Unanchored 2004 NAP 17,488 SF 331.66 5,800,000
28 Loan 18 1 Stonington Self Storage Connecticut 06379 Self Storage Self Storage 2017-2022 NAP 53,025 SF 107.50 5,700,000
29 Loan 29 2 CIG Self Storage Portfolio Utah Various Self Storage Self Storage Various NAP 63,337 SF 67.73 4,290,000
29.01 Property   1 West Valley Utah 84119 Self Storage Self Storage 2012 NAP 31,439 SF   2,475,000
29.02 Property   1 Layton Utah 84041 Self Storage Self Storage 2005 NAP 31,898 SF   1,815,000
30 Loan 13, 14 1 Absolute Self Storage Texas 75227 Self Storage Self Storage 1979 2020-2021 34,930 SF 85.89 3,000,000
31 Loan 13, 14 1 Wagner Ford Self Storage Ohio 45414 Self Storage Self Storage 1997 2021 51,395 SF 44.17 2,270,000
                             

A-1-2 

 

BMARK 2022-B36: Annex A-1

                               
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type ARD Loan (Yes / No)
          4,5 4 6 6 6 7,8,9 7,9 8,9 9    
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 71,000,000 71,000,000 4.92000% 0.01579% 4.90421% NAP 295,143.06 NAP 3,541,716.72 Interest Only No
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 66,000,000 66,000,000 3.04000% 0.01579% 3.02421% NAP 169,522.22 NAP 2,034,266.64 Interest Only No
2.01 Property   1 Yorkshire Towers 56,798,742 56,798,742                  
2.02 Property   1 Lexington Towers 9,201,258 9,201,258                  
3 Loan 2, 5, 12 1 39 Broadway 65,000,000 65,000,000 5.05000% 0.01579% 5.03421% NAP 277,340.86 NAP 3,328,090.32 Interest Only No
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 60,000,000 60,000,000 5.44000% 0.01579% 5.42421% NAP 275,777.78 NAP 3,309,333.36 Interest Only No
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 60,000,000 60,000,000 5.31000% 0.01579% 5.29421% NAP 269,187.50 NAP 3,230,250.00 Interest Only No
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 50,000,000 50,000,000 6.02000% 0.06454% 5.95546% NAP 254,317.13 NAP 3,051,805.56 Interest Only No
7 Loan 10, 21, 22, 27 1 Gateway Plaza 40,000,000 40,000,000 5.92100% 0.03579% 5.88521% NAP 200,107.87 NAP 2,401,294.44 Interest Only No
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 35,000,000 35,000,000 5.19750% 0.01579% 5.18171% NAP 153,699.22 NAP 1,844,390.64 Interest Only No
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I 32,076,375 32,076,375 4.43000% 0.01579% 4.41421% NAP 120,059.94 NAP 1,440,719.28 Interest Only No
9.01 Property   1 2912 3rd Avenue North 5,629,460 5,629,460                  
9.02 Property   1 85 Sidney Phillips Drive 3,926,188 3,926,188                  
9.03 Property   1 2609 Clinton Avenue West 1,633,987 1,633,987                  
9.04 Property   1 1130 Lincoln Road 1,587,796 1,587,796                  
9.05 Property   1 3015 10th Avenue 1,518,511 1,518,511                  
9.06 Property   1 320 North 3rd Street 1,483,868 1,483,868                  
9.07 Property   1 458 Bic Road 1,437,677 1,437,677                  
9.08 Property   1 1732 Creighton Avenue Southeast 1,379,939 1,379,939                  
9.09 Property   1 437 South Noble Street 1,385,713 1,385,713                  
9.10 Property   1 4211 North Jackson Highway 1,287,559 1,287,559                  
9.11 Property   1 2609 Decatur Highway 1,140,327 1,140,327                  
9.12 Property   1 125 Hollywood Boulevard Northeast 1,114,344 1,114,344                  
9.13 Property   1 7 Armstrong Street Northwest 1,056,606 1,056,606                  
9.14 Property   1 1212 Webster Avenue 1,039,285 1,039,285                  
9.15 Property   1 4025 North Palafox Street 998,868 998,868                  
9.16 Property   1 2310 Frederick Road 808,333 808,333                  
9.17 Property   1 501 & 503 Railroad Avenue 802,559 802,559                  
9.18 Property   1 20762 Brinks Willis Road 721,726 721,726                  
9.19 Property   1 2201-C Highway 31 South 678,422 678,422                  
9.20 Property   1 1112 US Highway 31 South 623,571 623,571                  
9.21 Property   1 1916 11th Avenue North 513,869 513,869                  
9.22 Property   1 1715 Main Avenue Southwest 476,339 476,339                  
9.23 Property   1 9715 Milton Jones Road 438,809 438,809                  
9.24 Property   1 710 Oakhill Road 392,619 392,619                  
10 Loan   5 Keylock Storage Portfolio II 32,000,000 32,000,000 5.60000% 0.01579% 5.58421% NAP 151,407.41 NAP 1,816,888.92 Interest Only No
10.01 Property   1 Keylock Storage - Middleton 8,097,474 8,097,474                  
10.02 Property   1 Keylock Storage - Hayden 7,201,601 7,201,601                  
10.03 Property   1 Keylock Storage - Apple 6,375,305 6,375,305                  
10.04 Property   1 Keylock Storage - Nampa 5,639,768 5,639,768                  
10.05 Property   1 Keylock Storage - Pasco 4,685,852 4,685,852                  
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II 30,187,500 30,187,500 4.36000% 0.01579% 4.34421% NAP 111,204.60 NAP 1,334,455.20 Interest Only No
11.01 Property   1 1919 Superior Street 14,317,500 14,317,500                  
11.02 Property   1 11170 Green Valley Drive 12,592,500 12,592,500                  
11.03 Property   1 2030 Old Candler Road 3,277,500 3,277,500                  
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 28,012,500 28,012,500 5.16000% 0.01579% 5.14421% NAP 122,126.72 NAP 1,465,520.64 Interest Only No
13 Loan   3 Amsdell Southern Storage Portfolio 23,500,000 23,500,000 5.48000% 0.01579% 5.46421% NAP 108,807.18 NAP 1,305,686.16 Interest Only No
13.01 Property   1 Compass Self Storage - Fate 11,100,000 11,100,000                  
13.02 Property   1 Compass Self Storage - Mansfield 6,700,000 6,700,000                  
13.03 Property   1 Compass Self Storage - Leesburg 5,700,000 5,700,000                  
14 Loan   1 7800 Red Road 20,000,000 20,000,000 6.35000% 0.01579% 6.33421% NAP 107,303.24 NAP 1,287,638.88 Interest Only No
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 16,900,000 16,900,000 5.31300% 0.01579% 5.29721% NAP 75,863.98 NAP 910,367.76 Interest Only No
15.01 Property   1 30 Mount Gilead Church Road 9,311,146 9,311,146                  
15.02 Property   1 1004 Greensboro Road 7,588,854 7,588,854                  
16 Loan 1, 12 1 Covington Center 16,000,000 16,000,000 5.68500% 0.01579% 5.66921% NAP 76,852.78 NAP 922,233.36 Interest Only No
17 Loan 25 3 NMC Industrial Portfolio III 13,167,500 13,167,500 4.43000% 0.01579% 4.41421% NAP 49,285.16 NAP 591,421.92 Interest Only No
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue 6,382,500 6,382,500                  
17.02 Property   1 861 Finches Ferry Road 5,951,250 5,951,250                  
17.03 Property   1 112 Walker Drive 833,750 833,750                  
18 Loan 14 1 Paloma Village Center 11,200,000 11,200,000 5.00000% 0.01579% 4.98421% NAP 47,314.81 NAP 567,777.72 Interest Only No
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North 10,600,000 7,824,829 5.81800% 0.01579% 5.80221% 74,832.94 52,106.12 897,995.28 625,273.44 Interest Only, Amortizing Balloon No
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 10,000,000 10,000,000 5.42500% 0.01579% 5.40921% NAP 45,836.23 NAP 550,034.76 Interest Only No
21 Loan 13, 21 1 South Park Business Center 8,470,000 7,802,594 6.07000% 0.01579% 6.05421% 51,163.74 43,439.14 613,964.88 521,269.68 Interest Only, Amortizing Balloon No
22 Loan   1 Chantilly Self Storage 8,000,000 8,000,000 5.50400% 0.01579% 5.48821% NAP 37,202.96 NAP 446,435.52 Interest Only No
23 Loan 14 2 ABC Self Storage Portfolio 6,792,500 6,792,500 5.66000% 0.01579% 5.64421% NAP 32,482.93 NAP 389,795.16 Interest Only No
23.01 Property   1 ABC Storage 5,567,500 5,567,500                  
23.02 Property   1 ABC Easy 1,225,000 1,225,000                  
24 Loan 1, 15, 27 2 Florida NNN Portfolio 6,600,000 6,600,000 6.06400% 0.01579% 6.04821% NAP 33,815.22 NAP 405,782.64 Interest Only No
24.01 Property   1 CVS - South Orange 5,244,427 5,244,427                  
24.02 Property   1 Dollar General - Mims 1,355,573 1,355,573                  
25 Loan 10, 28 1 Johns Hopkins University 6,190,000 6,190,000 5.71000% 0.05579% 5.65421% NAP 29,863.17 NAP 358,358.04 Interest Only No
26 Loan 21, 25 1 Walgreens Coney Island Ave 6,050,000 6,050,000 5.63000% 0.01579% 5.61421% NAP 28,778.81 NAP 345,345.72 Interest Only No
27 Loan 13 1 Village at Thrashers 5,800,000 5,800,000 6.04600% 0.01579% 6.03021% NAP 29,628.20 NAP 355,538.40 Interest Only No
28 Loan 18 1 Stonington Self Storage 5,700,000 5,700,000 5.93000% 0.01579% 5.91421% NAP 28,558.72 NAP 342,704.64 Interest Only No
29 Loan 29 2 CIG Self Storage Portfolio 4,290,000 4,290,000 6.15000% 0.01579% 6.13421% NAP 22,291.61 NAP 267,499.32 Interest Only No
29.01 Property   1 West Valley 2,475,000 2,475,000                  
29.02 Property   1 Layton 1,815,000 1,815,000                  
30 Loan 13, 14 1 Absolute Self Storage 3,000,000 3,000,000 5.31900% 0.01579% 5.30321% NAP 13,482.19 NAP 161,786.28 Interest Only No
31 Loan 13, 14 1 Wagner Ford Self Storage 2,270,000 2,270,000 5.43600% 0.01579% 5.42021% NAP 10,425.92 NAP 125,111.04 Interest Only No
                               

A-1-3 

 

BMARK 2022-B36: Annex A-1

                               
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date
                               
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue Actual/360 120 117 120 117 0 0 4/29/2022 3 6 6/6/2022
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers Actual/360 60 58 60 58 0 0 5/12/2022 2 6 7/6/2022
2.01 Property   1 Yorkshire Towers                      
2.02 Property   1 Lexington Towers                      
3 Loan 2, 5, 12 1 39 Broadway Actual/360 120 120 120 120 0 0 7/7/2022 0 6 9/6/2022
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore Actual/360 120 120 120 120 0 0 7/27/2022 0 6 9/6/2022
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard Actual/360 120 119 120 119 0 0 7/6/2022 1 6 8/6/2022
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius Actual/360 120 119 120 119 0 0 6/28/2022 1 1 8/1/2022
7 Loan 10, 21, 22, 27 1 Gateway Plaza Actual/360 60 59 60 59 0 0 6/30/2022 1 6 8/6/2022
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building Actual/360 120 119 120 119 0 0 6/8/2022 1 6 8/6/2022
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I Actual/360 120 119 120 119 0 0 6/8/2022 1 6 8/6/2022
9.01 Property   1 2912 3rd Avenue North                      
9.02 Property   1 85 Sidney Phillips Drive                      
9.03 Property   1 2609 Clinton Avenue West                      
9.04 Property   1 1130 Lincoln Road                      
9.05 Property   1 3015 10th Avenue                      
9.06 Property   1 320 North 3rd Street                      
9.07 Property   1 458 Bic Road                      
9.08 Property   1 1732 Creighton Avenue Southeast                      
9.09 Property   1 437 South Noble Street                      
9.10 Property   1 4211 North Jackson Highway                      
9.11 Property   1 2609 Decatur Highway                      
9.12 Property   1 125 Hollywood Boulevard Northeast                      
9.13 Property   1 7 Armstrong Street Northwest                      
9.14 Property   1 1212 Webster Avenue                      
9.15 Property   1 4025 North Palafox Street                      
9.16 Property   1 2310 Frederick Road                      
9.17 Property   1 501 & 503 Railroad Avenue                      
9.18 Property   1 20762 Brinks Willis Road                      
9.19 Property   1 2201-C Highway 31 South                      
9.20 Property   1 1112 US Highway 31 South                      
9.21 Property   1 1916 11th Avenue North                      
9.22 Property   1 1715 Main Avenue Southwest                      
9.23 Property   1 9715 Milton Jones Road                      
9.24 Property   1 710 Oakhill Road                      
10 Loan   5 Keylock Storage Portfolio II Actual/360 120 120 120 120 0 0 7/27/2022 0 6 9/6/2022
10.01 Property   1 Keylock Storage - Middleton                      
10.02 Property   1 Keylock Storage - Hayden                      
10.03 Property   1 Keylock Storage - Apple                      
10.04 Property   1 Keylock Storage - Nampa                      
10.05 Property   1 Keylock Storage - Pasco                      
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II Actual/360 120 119 120 119 0 0 6/7/2022 1 6 8/6/2022
11.01 Property   1 1919 Superior Street                      
11.02 Property   1 11170 Green Valley Drive                      
11.03 Property   1 2030 Old Candler Road                      
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place Actual/360 120 118 120 118 0 0 5/25/2022 2 5 7/5/2022
13 Loan   3 Amsdell Southern Storage Portfolio Actual/360 120 120 120 120 0 0 7/14/2022 0 6 9/6/2022
13.01 Property   1 Compass Self Storage - Fate                      
13.02 Property   1 Compass Self Storage - Mansfield                      
13.03 Property   1 Compass Self Storage - Leesburg                      
14 Loan   1 7800 Red Road Actual/360 120 119 120 119 0 0 6/16/2022 1 6 8/6/2022
15 Loan 12, 13, 14 2 NC Self Storage Portfolio Actual/360 120 119 120 119 0 0 7/6/2022 1 6 8/6/2022
15.01 Property   1 30 Mount Gilead Church Road                      
15.02 Property   1 1004 Greensboro Road                      
16 Loan 1, 12 1 Covington Center Actual/360 120 117 120 117 0 0 5/6/2022 3 6 6/6/2022
17 Loan 25 3 NMC Industrial Portfolio III Actual/360 120 118 120 118 0 0 6/1/2022 2 6 7/6/2022
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue                      
17.02 Property   1 861 Finches Ferry Road                      
17.03 Property   1 112 Walker Drive                      
18 Loan 14 1 Paloma Village Center Actual/360 120 119 120 119 0 0 6/13/2022 1 6 8/6/2022
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North Actual/360 24 23 120 119 240 240 6/2/2022 1 1 8/1/2022
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef Actual/360 120 117 120 117 0 0 4/13/2022 3 6 6/6/2022
21 Loan 13, 21 1 South Park Business Center Actual/360 48 48 120 120 360 360 7/8/2022 0 6 9/6/2022
22 Loan   1 Chantilly Self Storage Actual/360 120 120 120 120 0 0 7/14/2022 0 6 9/6/2022
23 Loan 14 2 ABC Self Storage Portfolio Actual/360 120 119 120 119 0 0 6/10/2022 1 6 8/6/2022
23.01 Property   1 ABC Storage                      
23.02 Property   1 ABC Easy                      
24 Loan 1, 15, 27 2 Florida NNN Portfolio Actual/360 60 58 60 58 0 0 5/11/2022 2 6 7/6/2022
24.01 Property   1 CVS - South Orange                      
24.02 Property   1 Dollar General - Mims                      
25 Loan 10, 28 1 Johns Hopkins University Actual/360 120 120 120 120 0 0 7/18/2022 0 6 9/6/2022
26 Loan 21, 25 1 Walgreens Coney Island Ave Actual/360 120 119 120 119 0 0 6/22/2022 1 6 8/6/2022
27 Loan 13 1 Village at Thrashers Actual/360 120 119 120 119 0 0 6/23/2022 1 6 8/6/2022
28 Loan 18 1 Stonington Self Storage Actual/360 120 120 120 120 0 0 7/12/2022 0 6 9/6/2022
29 Loan 29 2 CIG Self Storage Portfolio Actual/360 120 120 120 120 0 0 7/22/2022 0 6 9/6/2022
29.01 Property   1 West Valley                      
29.02 Property   1 Layton                      
30 Loan 13, 14 1 Absolute Self Storage Actual/360 120 118 120 118 0 0 5/25/2022 2 6 7/6/2022
31 Loan 13, 14 1 Wagner Ford Self Storage Actual/360 120 118 120 118 0 0 6/1/2022 2 6 7/6/2022
                               

A-1-4 

 

BMARK 2022-B36: Annex A-1

                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($) Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date
                10 10 11,12     13  
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue NAP 5/6/2032 NAP 0 0 L(27),D(88),O(5) 26,934,139 8,571,958 18,362,181 12/31/2021
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers NAP 6/6/2027 NAP 0 0 L(26),D(29),O(5) 40,995,144 15,672,705 25,322,439 2/28/2022
2.01 Property   1 Yorkshire Towers             NAV NAV NAV NAV
2.02 Property   1 Lexington Towers             NAV NAV NAV NAV
3 Loan 2, 5, 12 1 39 Broadway NAP 8/6/2032 NAP 0 0 L(24),D(92),O(4) 17,404,673 7,920,636 9,484,037 3/31/2022
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore NAP 8/6/2032 NAP 0 0 L(24),D(89),O(7) 7,039,868 2,315,877 4,723,991 5/31/2022
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard NAP 7/6/2032 NAP 0 0 L(25),D(91),O(4) 11,413,308 3,991,471 7,421,837 5/31/2022
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius NAP 7/1/2032 NAP 0 0 L(25),D(91),O(4) 45,619,900 20,065,815 25,554,085 3/31/2022
7 Loan 10, 21, 22, 27 1 Gateway Plaza NAP 7/6/2027 NAP 5 5 L(25),D(32),O(3) 12,800,864 3,554,116 9,246,748 5/31/2022
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAP 7/6/2032 NAP 0 0 L(25),D(90),O(5) NAV NAV NAV NAV
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I NAP 7/6/2032 NAP 0 0 L(23),YM1(2),DorYM1(90),O(5) NAV NAV NAV NAV
9.01 Property   1 2912 3rd Avenue North             NAV NAV NAV NAV
9.02 Property   1 85 Sidney Phillips Drive             NAV NAV NAV NAV
9.03 Property   1 2609 Clinton Avenue West             NAV NAV NAV NAV
9.04 Property   1 1130 Lincoln Road             NAV NAV NAV NAV
9.05 Property   1 3015 10th Avenue             NAV NAV NAV NAV
9.06 Property   1 320 North 3rd Street             NAV NAV NAV NAV
9.07 Property   1 458 Bic Road             NAV NAV NAV NAV
9.08 Property   1 1732 Creighton Avenue Southeast             NAV NAV NAV NAV
9.09 Property   1 437 South Noble Street             NAV NAV NAV NAV
9.10 Property   1 4211 North Jackson Highway             NAV NAV NAV NAV
9.11 Property   1 2609 Decatur Highway             NAV NAV NAV NAV
9.12 Property   1 125 Hollywood Boulevard Northeast             NAV NAV NAV NAV
9.13 Property   1 7 Armstrong Street Northwest             NAV NAV NAV NAV
9.14 Property   1 1212 Webster Avenue             NAV NAV NAV NAV
9.15 Property   1 4025 North Palafox Street             NAV NAV NAV NAV
9.16 Property   1 2310 Frederick Road             NAV NAV NAV NAV
9.17 Property   1 501 & 503 Railroad Avenue             NAV NAV NAV NAV
9.18 Property   1 20762 Brinks Willis Road             NAV NAV NAV NAV
9.19 Property   1 2201-C Highway 31 South             NAV NAV NAV NAV
9.20 Property   1 1112 US Highway 31 South             NAV NAV NAV NAV
9.21 Property   1 1916 11th Avenue North             NAV NAV NAV NAV
9.22 Property   1 1715 Main Avenue Southwest             NAV NAV NAV NAV
9.23 Property   1 9715 Milton Jones Road             NAV NAV NAV NAV
9.24 Property   1 710 Oakhill Road             NAV NAV NAV NAV
10 Loan   5 Keylock Storage Portfolio II NAP 8/6/2032 NAP 0 0 L(24),D(93),O(3) 4,144,143 1,241,704 2,902,439 5/31/2022
10.01 Property   1 Keylock Storage - Middleton             1,092,551 339,167 753,384 5/31/2022
10.02 Property   1 Keylock Storage - Hayden             859,817 213,602 646,215 5/31/2022
10.03 Property   1 Keylock Storage - Apple             788,135 198,304 589,830 5/31/2022
10.04 Property   1 Keylock Storage - Nampa             742,537 273,854 468,683 5/31/2022
10.05 Property   1 Keylock Storage - Pasco             661,103 216,777 444,326 5/31/2022
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II NAP 7/6/2032 NAP 0 0 L(23),YM1(2),DorYM1(90),O(5) NAV NAV NAV NAV
11.01 Property   1 1919 Superior Street             NAV NAV NAV NAV
11.02 Property   1 11170 Green Valley Drive             NAV NAV NAV NAV
11.03 Property   1 2030 Old Candler Road             NAV NAV NAV NAV
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place NAP 6/5/2032 NAP 5 0 L(26),D(88),O(6) 3,879,687 966,944 2,912,743 2/28/2022
13 Loan   3 Amsdell Southern Storage Portfolio NAP 8/6/2032 NAP 0 0 L(24),YM1(92),O(4) 3,834,095 1,308,266 2,525,829 6/30/2022
13.01 Property   1 Compass Self Storage - Fate             1,793,896 487,323 1,306,572 6/30/2022
13.02 Property   1 Compass Self Storage - Mansfield             1,223,280 519,176 704,104 6/30/2022
13.03 Property   1 Compass Self Storage - Leesburg             816,920 301,767 515,153 6/30/2022
14 Loan   1 7800 Red Road NAP 7/6/2032 NAP 0 0 L(25),D(91),O(4) 2,418,864 604,820 1,814,043 3/31/2022
15 Loan 12, 13, 14 2 NC Self Storage Portfolio NAP 7/6/2032 NAP 0 0 L(25),D(91),O(4) 2,128,452 513,351 1,615,101 6/30/2022
15.01 Property   1 30 Mount Gilead Church Road             1,148,801 248,378 900,423 6/30/2022
15.02 Property   1 1004 Greensboro Road             979,651 264,973 714,678 6/30/2022
16 Loan 1, 12 1 Covington Center NAP 5/6/2032 NAP 0 0 L(27),D(89),O(4) 2,500,304 398,313 2,101,991 12/31/2021
17 Loan 25 3 NMC Industrial Portfolio III NAP 6/6/2032 NAP 0 0 L(23),YM1(3),DorYM1(89),O(5) NAV NAV NAV NAV
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue             NAV NAV NAV NAV
17.02 Property   1 861 Finches Ferry Road             NAV NAV NAV NAV
17.03 Property   1 112 Walker Drive             NAV NAV NAV NAV
18 Loan 14 1 Paloma Village Center NAP 7/6/2032 NAP 0 0 L(25),D(90),O(5) 1,587,673 317,756 1,269,917 12/31/2021
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North 8/1/2024 7/1/2032 NAP 0 0 L(25),D(92),O(3) 8,550,084 6,385,817 2,164,267 4/30/2022
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef NAP 5/6/2032 NAP 0 0 L(27),D(88),O(5) 17,711,610 5,380,921 12,330,689 12/31/2021
21 Loan 13, 21 1 South Park Business Center 9/6/2026 8/6/2032 NAP 0 0 L(24),D(92),O(4) 1,246,449 461,369 785,080 4/30/2022
22 Loan   1 Chantilly Self Storage NAP 8/6/2032 NAP 0 0 L(24),D(92),O(4) 1,254,703 420,312 834,390 5/31/2022
23 Loan 14 2 ABC Self Storage Portfolio NAP 7/6/2032 NAP 0 0 L(12),YM1(103),O(5) 1,163,430 464,723 698,707 3/31/2022
23.01 Property   1 ABC Storage             951,934 380,685 571,249 3/31/2022
23.02 Property   1 ABC Easy             211,496 84,038 127,458 3/31/2022
24 Loan 1, 15, 27 2 Florida NNN Portfolio NAP 6/6/2027 NAP 0 0 L(26),D(30),O(4) 674,244 0 674,244 7/6/2022
24.01 Property   1 CVS - South Orange             551,418 0 551,418 7/6/2022
24.02 Property   1 Dollar General - Mims             122,826 0 122,826 7/6/2022
25 Loan 10, 28 1 Johns Hopkins University NAP 8/6/2032 NAP 5 0 L(24),D(92),O(4) NAV NAV NAV NAV
26 Loan 21, 25 1 Walgreens Coney Island Ave NAP 7/6/2032 NAP 0 0 L(25),D(91),O(4) NAV NAV NAV NAV
27 Loan 13 1 Village at Thrashers NAP 7/6/2032 NAP 0 0 L(25),D(91),O(4) 736,732 208,808 527,924 3/31/2022
28 Loan 18 1 Stonington Self Storage NAP 8/6/2032 NAP 0 0 L(24),D(92),O(4) 668,900 147,004 521,896 6/30/2022
29 Loan 29 2 CIG Self Storage Portfolio NAP 8/6/2032 NAP 0 0 L(24),D(92),O(4) 571,531 186,453 385,078 5/31/2022
29.01 Property   1 West Valley             334,885 101,726 233,159 5/31/2022
29.02 Property   1 Layton             236,646 84,727 151,920 5/31/2022
30 Loan 13, 14 1 Absolute Self Storage NAP 6/6/2032 NAP 0 0 L(12),YM1(103),O(5) 365,485 175,189 190,297 3/31/2022
31 Loan 13, 14 1 Wagner Ford Self Storage NAP 6/6/2032 NAP 0 0 L(12),YM1(103),O(5) 357,844 184,517 173,327 3/31/2022
                             

A-1-5 

 

BMARK 2022-B36: Annex A-1

                               
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Most Recent Description Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description
                               
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue T-12 25,677,751 8,516,941 17,160,810 12/31/2020 T-12 25,370,674 8,285,155 17,085,519 12/31/2019 T-12
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers T-12 39,766,160 15,511,878 24,254,281 12/31/2021 T-12 40,128,052 14,510,102 25,617,949 12/31/2020 T-12
2.01 Property   1 Yorkshire Towers NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
2.02 Property   1 Lexington Towers NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3 Loan 2, 5, 12 1 39 Broadway T-12 18,020,244 8,034,185 9,986,059 12/31/2021 T-12 18,762,568 8,468,410 10,294,158 12/31/2020 T-12
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore T-12 6,463,485 2,178,046 4,285,439 12/31/2021 T-12 4,235,324 2,017,997 2,217,327 12/31/2020 T-12
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard T-12 10,777,549 3,711,988 7,065,561 12/31/2021 T-12 10,188,821 3,601,429 6,587,392 12/31/2020 T-12
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius T-12 44,198,961 19,173,640 25,025,321 12/31/2021 T-12 36,845,931 18,308,085 18,537,846 12/31/2020 T-12
7 Loan 10, 21, 22, 27 1 Gateway Plaza T-12 12,626,312 3,454,354 9,171,958 12/31/2021 T-12 12,188,436 3,417,590 8,770,846 12/31/2020 T-12
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.01 Property   1 2912 3rd Avenue North NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.02 Property   1 85 Sidney Phillips Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.03 Property   1 2609 Clinton Avenue West NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.04 Property   1 1130 Lincoln Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.05 Property   1 3015 10th Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.06 Property   1 320 North 3rd Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.07 Property   1 458 Bic Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.08 Property   1 1732 Creighton Avenue Southeast NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.09 Property   1 437 South Noble Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.10 Property   1 4211 North Jackson Highway NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.11 Property   1 2609 Decatur Highway NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.12 Property   1 125 Hollywood Boulevard Northeast NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.13 Property   1 7 Armstrong Street Northwest NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.14 Property   1 1212 Webster Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.15 Property   1 4025 North Palafox Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.16 Property   1 2310 Frederick Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.17 Property   1 501 & 503 Railroad Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.18 Property   1 20762 Brinks Willis Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.19 Property   1 2201-C Highway 31 South NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.20 Property   1 1112 US Highway 31 South NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.21 Property   1 1916 11th Avenue North NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.22 Property   1 1715 Main Avenue Southwest NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.23 Property   1 9715 Milton Jones Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
9.24 Property   1 710 Oakhill Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
10 Loan   5 Keylock Storage Portfolio II T-12 3,870,361 1,177,554 2,692,808 12/31/2021 T-12 2,991,323 1,082,621 1,908,702 12/31/2020 T-12
10.01 Property   1 Keylock Storage - Middleton T-12 1,019,550 321,083 698,467 12/31/2021 T-12 847,387 294,529 552,858 12/31/2020 T-12
10.02 Property   1 Keylock Storage - Hayden T-12 801,571 199,485 602,086 12/31/2021 T-12 466,517 193,522 272,995 12/31/2020 T-12
10.03 Property   1 Keylock Storage - Apple T-12 747,483 187,890 559,592 12/31/2021 T-12 628,276 182,377 445,900 12/31/2020 T-12
10.04 Property   1 Keylock Storage - Nampa T-12 654,107 258,714 395,393 12/31/2021 T-12 470,203 198,332 271,871 12/31/2020 T-12
10.05 Property   1 Keylock Storage - Pasco T-12 647,651 210,381 437,270 12/31/2021 T-12 578,939 213,862 365,077 12/31/2020 T-12
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
11.01 Property   1 1919 Superior Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
11.02 Property   1 11170 Green Valley Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
11.03 Property   1 2030 Old Candler Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place T-12 3,691,681 964,090 2,727,591 12/31/2021 T-12 4,085,823 887,177 3,198,646 12/31/2020 T-12
13 Loan   3 Amsdell Southern Storage Portfolio T-12 3,403,275 1,301,867 2,101,408 12/31/2021 T-12 2,659,886 1,124,843 1,535,043 12/31/2020 T-12
13.01 Property   1 Compass Self Storage - Fate T-12 1,654,731 503,330 1,151,401 12/31/2021 T-12 1,312,017 460,125 851,892 12/31/2020 T-12
13.02 Property   1 Compass Self Storage - Mansfield T-12 1,095,010 502,336 592,674 12/31/2021 T-12 903,890 439,911 463,979 12/31/2020 T-12
13.03 Property   1 Compass Self Storage - Leesburg T-12 653,534 296,201 357,333 12/31/2021 T-12 443,979 224,807 219,172 12/31/2020 T-12
14 Loan   1 7800 Red Road T-12 2,384,455 612,645 1,771,810 12/31/2021 T-12 2,295,416 570,563 1,724,853 12/31/2020 T-12
15 Loan 12, 13, 14 2 NC Self Storage Portfolio T-12 1,859,859 488,475 1,371,384 12/31/2021 T-12 1,416,230 384,494 1,031,736 12/31/2020 T-12
15.01 Property   1 30 Mount Gilead Church Road T-12 1,039,505 239,776 799,729 12/31/2021 T-12 793,636 203,863 589,773 12/31/2020 T-12
15.02 Property   1 1004 Greensboro Road T-12 820,354 248,699 571,655 12/31/2021 T-12 622,594 180,631 441,964 12/31/2020 T-12
16 Loan 1, 12 1 Covington Center T-12 2,489,414 408,486 2,080,928 12/31/2020 T-12 2,378,133 358,851 2,019,281 12/31/2019 T-12
17 Loan 25 3 NMC Industrial Portfolio III NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
17.02 Property   1 861 Finches Ferry Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
17.03 Property   1 112 Walker Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18 Loan 14 1 Paloma Village Center T-12 1,063,357 323,424 739,933 12/31/2020 T-12 NAV NAV NAV NAV NAV
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North T-12 6,969,584 5,638,170 1,331,414 12/31/2021 T-12 5,107,312 4,748,349 358,963 12/31/2020 T-12
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef T-12 15,642,297 4,984,254 10,658,043 12/31/2020 T-12 14,844,181 5,278,230 9,565,951 12/31/2019 T-12
21 Loan 13, 21 1 South Park Business Center T-12 1,211,916 466,822 745,094 12/31/2021 T-12 NAV NAV NAV NAV NAV
22 Loan   1 Chantilly Self Storage T-12 1,190,580 373,220 817,360 12/31/2021 T-12 1,070,064 367,549 702,515 12/31/2020 T-12
23 Loan 14 2 ABC Self Storage Portfolio Various 1,060,841 429,856 630,986 12/31/2021 Various 830,230 373,975 456,254 12/31/2020 T-12
23.01 Property   1 ABC Storage T-12 916,240 368,210 548,030 12/31/2021 T-12 830,230 373,975 456,254 12/31/2020 T-12
23.02 Property   1 ABC Easy T-11 144,601 61,645 82,956 12/31/2021 T-8 NAV NAV NAV NAV NAV
24 Loan 1, 15, 27 2 Florida NNN Portfolio T-12 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
24.01 Property   1 CVS - South Orange T-12 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
24.02 Property   1 Dollar General - Mims T-12 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
25 Loan 10, 28 1 Johns Hopkins University NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
26 Loan 21, 25 1 Walgreens Coney Island Ave NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
27 Loan 13 1 Village at Thrashers T-3 751,293 195,440 555,853 12/31/2021 T-12 768,494 195,009 573,485 12/31/2020 T-12
28 Loan 18 1 Stonington Self Storage T-12 537,993 135,993 402,000 12/31/2021 T-12 381,942 95,980 285,962 12/31/2020 T-12
29 Loan 29 2 CIG Self Storage Portfolio T-12 554,654 185,269 369,385 12/31/2021 T-12 513,160 198,426 314,734 12/31/2020 T-12
29.01 Property   1 West Valley T-12 323,113 100,602 222,511 12/31/2021 T-12 289,174 111,008 178,167 12/31/2020 T-12
29.02 Property   1 Layton T-12 231,540 84,666 146,874 12/31/2021 T-12 223,986 87,419 136,567 12/31/2020 T-12
30 Loan 13, 14 1 Absolute Self Storage T-12 338,633 172,743 165,891 12/31/2021 T-12 294,956 158,276 136,680 12/31/2020 T-12
31 Loan 13, 14 1 Wagner Ford Self Storage T-12 330,225 177,034 153,191 12/31/2021 T-12 294,905 140,989 153,916 12/31/2020 T-12
                               

A-1-6 

 

BMARK 2022-B36: Annex A-1

                               
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x) Underwritten NCF DSCR (x) Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%)
          14 14   13,14     14 9,16,17 9,16,17    
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 95.0% 29,320,118 9,216,627 20,103,491 78,388 693,116 19,331,988 1.68 1.61 8.4% 8.1%
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 97.2% 51,394,888 16,019,126 35,375,762 0 0 35,375,762 3.61 3.61 11.1% 11.1%
2.01 Property   1 Yorkshire Towers NAV NAV NAV NAV NAV NAV NAV        
2.02 Property   1 Lexington Towers NAV NAV NAV NAV NAV NAV NAV        
3 Loan 2, 5, 12 1 39 Broadway 80.3% 17,886,614 7,991,071 9,895,543 101,313 707,113 9,087,117 2.27 2.09 11.6% 10.7%
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 95.0% 8,469,425 2,580,137 5,889,288 27,659 172,868 5,688,762 1.78 1.72 9.8% 9.5%
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 91.6% 11,022,608 3,690,168 7,332,440 362,153 379,119 6,591,168 2.27 2.04 12.2% 11.0%
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 86.6% 46,224,574 21,145,889 25,078,685 188,765 1,703,467 23,186,453 1.88 1.74 11.5% 10.6%
7 Loan 10, 21, 22, 27 1 Gateway Plaza 95.0% 13,657,965 6,831,271 6,826,694 49,955 315,411 6,461,328 2.84 2.69 17.1% 16.2%
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 95.0% 11,675,921 2,022,534 9,653,388 34,466 430,820 9,188,102 1.83 1.74 9.7% 9.2%
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I 95.0% 3,976,190 795,238 3,180,952 91,045 134,196 2,955,710 2.21 2.05 9.9% 9.2%
9.01 Property   1 2912 3rd Avenue North 95.0% 699,833 139,967 559,867 16,024 23,619 520,223        
9.02 Property   1 85 Sidney Phillips Drive 95.0% 484,500 96,900 387,600 11,094 16,352 360,154        
9.03 Property   1 2609 Clinton Avenue West 95.0% 203,370 40,674 162,696 4,657 6,864 151,176        
9.04 Property   1 1130 Lincoln Road 95.0% 197,867 39,573 158,294 4,531 6,678 147,085        
9.05 Property   1 3015 10th Avenue 95.0% 188,417 37,683 150,733 4,314 6,359 140,060        
9.06 Property   1 320 North 3rd Street 95.0% 184,230 36,846 147,384 4,218 6,218 136,948        
9.07 Property   1 458 Bic Road 95.0% 177,291 35,458 141,833 4,060 5,984 131,790        
9.08 Property   1 1732 Creighton Avenue Southeast 95.0% 171,429 34,286 137,143 3,925 5,786 127,432        
9.09 Property   1 437 South Noble Street 95.0% 170,233 34,047 136,186 3,898 5,745 126,543        
9.10 Property   1 4211 North Jackson Highway 95.0% 160,304 32,061 128,243 3,671 5,410 119,162        
9.11 Property   1 2609 Decatur Highway 95.0% 141,163 28,233 112,930 3,232 4,764 104,934        
9.12 Property   1 125 Hollywood Boulevard Northeast 95.0% 138,292 27,658 110,633 3,167 4,667 102,800        
9.13 Property   1 7 Armstrong Street Northwest 95.0% 130,755 26,151 104,604 2,994 4,413 97,197        
9.14 Property   1 1212 Webster Avenue 95.0% 128,602 25,720 102,881 2,945 4,340 95,597        
9.15 Property   1 4025 North Palafox Street 95.0% 123,817 24,763 99,053 2,835 4,179 92,039        
9.16 Property   1 2310 Frederick Road 95.0% 99,891 19,978 79,913 2,287 3,371 74,254        
9.17 Property   1 501 & 503 Railroad Avenue 95.0% 99,472 19,894 79,578 2,278 3,357 73,943        
9.18 Property   1 20762 Brinks Willis Road 95.0% 88,526 17,705 70,821 2,027 2,988 65,806        
9.19 Property   1 2201-C Highway 31 South 95.0% 83,741 16,748 66,993 1,917 2,826 62,249        
9.20 Property   1 1112 US Highway 31 South 95.0% 77,759 15,552 62,207 1,781 2,624 57,803        
9.21 Property   1 1916 11th Avenue North 95.0% 64,600 12,920 51,680 1,479 2,180 48,021        
9.22 Property   1 1715 Main Avenue Southwest 95.0% 59,217 11,843 47,373 1,356 1,999 44,019        
9.23 Property   1 9715 Milton Jones Road 95.0% 53,833 10,767 43,067 1,233 1,817 40,017        
9.24 Property   1 710 Oakhill Road 95.0% 49,048 9,810 39,239 1,123 1,655 36,460        
10 Loan   5 Keylock Storage Portfolio II 85.3% 4,205,160 1,259,707 2,945,453 41,466 0 2,903,987 1.62 1.60 9.2% 9.1%
10.01 Property   1 Keylock Storage - Middleton 81.6% 1,092,551 347,896 744,655 13,396 0 731,259        
10.02 Property   1 Keylock Storage - Hayden 91.3% 877,156 214,867 662,289 7,595 0 654,694        
10.03 Property   1 Keylock Storage - Apple 85.0% 788,135 201,395 586,740 7,188 0 579,552        
10.04 Property   1 Keylock Storage - Nampa 86.1% 786,215 267,388 518,827 7,092 0 511,735        
10.05 Property   1 Keylock Storage - Pasco 83.6% 661,103 228,161 432,942 6,195 0 426,747        
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II 95.0% 3,709,236 741,847 2,967,389 129,240 123,518 2,714,631 2.22 2.03 9.8% 9.0%
11.01 Property   1 1919 Superior Street 95.0% 1,774,466 354,893 1,419,573 63,570 59,090 1,296,913        
11.02 Property   1 11170 Green Valley Drive 95.0% 1,525,278 305,056 1,220,222 51,000 50,792 1,118,430        
11.03 Property   1 2030 Old Candler Road 95.0% 409,492 81,898 327,594 14,670 13,636 299,288        
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 90.6% 4,361,310 1,070,152 3,291,159 26,741 22,412 3,242,005 2.25 2.21 11.7% 11.6%
13 Loan   3 Amsdell Southern Storage Portfolio 82.7% 3,875,351 1,475,921 2,399,431 41,978 0 2,357,453 1.84 1.81 10.2% 10.0%
13.01 Property   1 Compass Self Storage - Fate 84.0% 1,793,896 619,122 1,174,774 14,317 0 1,160,457        
13.02 Property   1 Compass Self Storage - Mansfield 84.0% 1,223,280 552,607 670,673 16,032 0 654,641        
13.03 Property   1 Compass Self Storage - Leesburg 78.3% 858,176 304,191 553,984 11,629 0 542,355        
14 Loan   1 7800 Red Road 95.0% 2,864,174 969,653 1,894,522 11,426 34,272 1,848,825 1.47 1.44 9.5% 9.2%
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 90.0% 2,258,446 512,930 1,745,516 17,079 0 1,728,437 1.92 1.90 10.3% 10.2%
15.01 Property   1 30 Mount Gilead Church Road 90.0% 1,190,882 254,103 936,779 9,433 0 927,345        
15.02 Property   1 1004 Greensboro Road 90.0% 1,067,564 258,827 808,737 7,646 0 801,091        
16 Loan 1, 12 1 Covington Center 95.0% 2,637,995 532,694 2,105,301 17,929 89,647 1,997,725 2.28 2.17 13.2% 12.5%
17 Loan 25 3 NMC Industrial Portfolio III 95.0% 1,638,926 327,785 1,311,141 49,902 54,516 1,206,722 2.22 2.04 10.0% 9.2%
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue 95.0% 730,424 146,085 584,339 13,597 14,854 555,888        
17.02 Property   1 861 Finches Ferry Road 95.0% 800,112 160,022 640,089 30,869 33,723 575,498        
17.03 Property   1 112 Walker Drive 95.0% 108,390 21,678 86,712 5,436 5,939 75,337        
18 Loan 14 1 Paloma Village Center 95.0% 1,520,315 308,772 1,211,543 12,271 28,760 1,170,512 2.13 2.06 10.8% 10.5%
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North 72.3% 9,883,541 7,191,886 2,691,655 395,342 0 2,296,314 3.00 2.56 25.4% 21.7%
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 83.6% 26,740,784 6,489,918 20,250,866 161,392 806,960 19,282,515 2.45 2.34 13.5% 12.9%
21 Loan 13, 21 1 South Park Business Center 92.1% 1,363,846 460,922 902,924 20,422 58,080 824,422 1.47 1.34 10.7% 9.7%
22 Loan   1 Chantilly Self Storage 90.7% 1,353,714 430,416 923,297 10,663 0 912,634 2.07 2.04 11.5% 11.4%
23 Loan 14 2 ABC Self Storage Portfolio 94.7% 1,199,949 468,715 731,234 19,821 0 711,414 1.88 1.83 10.8% 10.5%
23.01 Property   1 ABC Storage 94.7% 993,122 385,115 608,007 15,956 0 592,052        
23.02 Property   1 ABC Easy 94.7% 206,826 83,600 123,226 3,865 0 119,361        
24 Loan 1, 15, 27 2 Florida NNN Portfolio 97.0% 673,619 20,209 653,411 0 0 653,411 1.61 1.61 9.9% 9.9%
24.01 Property   1 CVS - South Orange NAV NAV NAV NAV NAV NAV NAV        
24.02 Property   1 Dollar General - Mims NAV NAV NAV NAV NAV NAV NAV        
25 Loan 10, 28 1 Johns Hopkins University 96.7% 936,101 245,208 690,892 4,379 11,641 674,873 1.93 1.88 11.2% 10.9%
26 Loan 21, 25 1 Walgreens Coney Island Ave 100.0% 656,785 0 656,785 0 0 656,785 1.90 1.90 10.9% 10.9%
27 Loan 13 1 Village at Thrashers 94.3% 782,613 201,371 581,243 6,471 26,232 548,540 1.63 1.54 10.0% 9.5%
28 Loan 18 1 Stonington Self Storage 73.6% 724,112 183,423 540,689 5,303 0 535,386 1.58 1.56 9.5% 9.4%
29 Loan 29 2 CIG Self Storage Portfolio 92.9% 645,615 211,324 434,291 9,552 0 424,739 1.62 1.59 10.1% 9.9%
29.01 Property   1 West Valley 95.0% 375,518 118,426 257,092 4,776 0 252,316        
29.02 Property   1 Layton 90.1% 270,097 92,898 177,199 4,776 0 172,423        
30 Loan 13, 14 1 Absolute Self Storage 92.8% 468,540 173,668 294,871 3,493 0 291,378 1.82 1.80 9.8% 9.7%
31 Loan 13, 14 1 Wagner Ford Self Storage 92.9% 460,984 183,005 277,980 5,179 0 272,801 2.22 2.18 12.2% 12.0%
                               

A-1-7 

 

BMARK 2022-B36: Annex A-1

                           
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Appraised Value ($) Appraised Value Type Appraisal Date Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%) Occupancy Date Single Tenant (Y/N) Largest Tenant
          18     18 18 14     14,19,20,21
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 395,000,000 As Is 2/24/2022 60.8% 60.8% 100.0% 2/15/2022 No The New School
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 954,000,000 As Is 1/20/2022 33.3% 33.3% 96.4%      
2.01 Property   1 Yorkshire Towers 821,000,000 As Is 1/20/2022     96.3% 3/1/2022 NAP NAP
2.02 Property   1 Lexington Towers 133,000,000 As Is 1/20/2022     96.9% 3/1/2022 NAP NAP
3 Loan 2, 5, 12 1 39 Broadway 220,000,000 As Is 5/1/2022 38.6% 38.6% 79.4% 5/12/2022 No Metropolitan Jewish Health System, Inc.
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 117,000,000 As Complete/Upon Lease Commencement 2/1/2023 51.3% 51.3% 96.0% 7/25/2022 No Sirius XM
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 106,400,000 As Is 5/2/2022 56.4% 56.4% 91.2% 6/27/2022 No BJ’s Wholesale Club
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 362,500,000 As Is 5/4/2022 60.1% 60.1% 86.8% 6/27/2022 No Rocket Mortgage
7 Loan 10, 21, 22, 27 1 Gateway Plaza 88,100,000 As Is 6/10/2022 45.4% 45.4% 95.9% 4/20/2022 No McGuireWoods LLP
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 170,000,000 As Is Assuming No Landlord Obligations 3/30/2022 58.8% 58.8% 100.0% 6/1/2022 No IDEO
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I 56,000,000 As Is Portfolio 5/23/2022 57.3% 57.3% 100.0%      
9.01 Property   1 2912 3rd Avenue North 9,750,000 As Is 4/27/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.02 Property   1 85 Sidney Phillips Drive 6,800,000 As Is 4/22/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.03 Property   1 2609 Clinton Avenue West 2,830,000 As Is 4/20/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.04 Property   1 1130 Lincoln Road 2,750,000 As Is 4/25/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.05 Property   1 3015 10th Avenue 2,630,000 As Is 4/27/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.06 Property   1 320 North 3rd Street 2,570,000 As Is 4/21/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.07 Property   1 458 Bic Road 2,490,000 As Is 4/25/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.08 Property   1 1732 Creighton Avenue Southeast 2,390,000 As Is 4/26/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.09 Property   1 437 South Noble Street 2,400,000 As Is 4/21/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.10 Property   1 4211 North Jackson Highway 2,230,000 As Is 4/26/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.11 Property   1 2609 Decatur Highway 1,975,000 As Is 4/27/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.12 Property   1 125 Hollywood Boulevard Northeast 1,930,000 As Is 4/15/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.13 Property   1 7 Armstrong Street Northwest 1,830,000 As Is 4/20/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.14 Property   1 1212 Webster Avenue 1,800,000 As Is 4/25/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.15 Property   1 4025 North Palafox Street 1,730,000 As Is 4/15/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.16 Property   1 2310 Frederick Road 1,400,000 As Is 4/25/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.17 Property   1 501 & 503 Railroad Avenue 1,390,000 As Is 4/21/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.18 Property   1 20762 Brinks Willis Road 1,250,000 As Is 4/22/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.19 Property   1 2201-C Highway 31 South 1,175,000 As Is 4/27/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.20 Property   1 1112 US Highway 31 South 1,080,000 As Is 4/26/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.21 Property   1 1916 11th Avenue North 890,000 As Is 4/27/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.22 Property   1 1715 Main Avenue Southwest 825,000 As Is 4/26/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.23 Property   1 9715 Milton Jones Road 760,000 As Is 4/22/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
9.24 Property   1 710 Oakhill Road 680,000 As Is 4/26/2022     100.0% 8/1/2022 Yes Wittichen Supply Company LLC
10 Loan   5 Keylock Storage Portfolio II 58,040,000 As Is Various 55.1% 55.1% 89.2%      
10.01 Property   1 Keylock Storage - Middleton 16,750,000 As Is 6/15/2022     86.6% 5/31/2022 NAP NAP
10.02 Property   1 Keylock Storage - Hayden 12,030,000 As Is 6/16/2022     95.6% 5/31/2022 NAP NAP
10.03 Property   1 Keylock Storage - Apple 11,170,000 As Is 6/16/2022     93.2% 5/31/2022 NAP NAP
10.04 Property   1 Keylock Storage - Nampa 9,140,000 As Is 6/15/2022     89.3% 5/31/2022 NAP NAP
10.05 Property   1 Keylock Storage - Pasco 8,950,000 As Is 6/16/2022     82.2% 5/31/2022 NAP NAP
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II 52,500,000 As Is Various 57.5% 57.5% 100.0%      
11.01 Property   1 1919 Superior Street 24,900,000 As Is 4/15/2022     100.0% 8/1/2022 Yes Voyant Beauty
11.02 Property   1 11170 Green Valley Drive 21,900,000 As Is 4/27/2022     100.0% 8/1/2022 Yes Voyant Beauty
11.03 Property   1 2030 Old Candler Road 5,700,000 As Is 4/26/2022     100.0% 8/1/2022 Yes Voyant Beauty
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 42,500,000 As Is 3/14/2022 65.9% 65.9% 95.0% 6/1/2022 No Kohl’s
13 Loan   3 Amsdell Southern Storage Portfolio 51,500,000 As Is Various 45.6% 45.6% 89.9%      
13.01 Property   1 Compass Self Storage - Fate 24,100,000 As Is 5/18/2022     92.2% 5/11/2022 NAP NAP
13.02 Property   1 Compass Self Storage - Mansfield 14,600,000 As Is 5/19/2022     89.4% 5/11/2022 NAP NAP
13.03 Property   1 Compass Self Storage - Leesburg 12,800,000 As Is 5/20/2022     85.6% 5/11/2022 NAP NAP
14 Loan   1 7800 Red Road 31,900,000 As Is 5/4/2022 62.7% 62.7% 95.4% 6/1/2022 No OrganaBio
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 31,400,000 As Is Various 53.8% 53.8% 95.9%      
15.01 Property   1 30 Mount Gilead Church Road 17,300,000 As Is 4/22/2022     95.0% 6/6/2022 NAP NAP
15.02 Property   1 1004 Greensboro Road 14,100,000 As Is 4/11/2022     97.0% 6/6/2022 NAP NAP
16 Loan 1, 12 1 Covington Center 32,400,000 As Is 3/26/2022 49.4% 49.4% 94.4% 4/1/2022 No LA Fitness International
17 Loan 25 3 NMC Industrial Portfolio III 22,900,000 As Is Various 57.5% 57.5% 100.0%      
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue 11,100,000 As Is 4/22/2022     100.0% 8/1/2022 Yes ICP Group
17.02 Property   1 861 Finches Ferry Road 10,350,000 As Is 4/21/2022     100.0% 8/1/2022 Yes ICP Group
17.03 Property   1 112 Walker Drive 1,450,000 As Is 4/21/2022     100.0% 8/1/2022 Yes ICP Group
18 Loan 14 1 Paloma Village Center 19,100,000 As Is 5/5/2022 58.6% 58.6% 94.7% 6/1/2022 No CVS
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North 37,000,000 Hypothetical Market Value As If PIP Funded 4/14/2022 28.6% 21.1% 61.2% 4/30/2022 NAP NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 349,000,000 As Is 11/11/2021 43.0% 43.0% 78.3% 2/21/2022 No County of Los Angeles-Dept. of Children & Family Services
21 Loan 13, 21 1 South Park Business Center 12,600,000 As Is 6/8/2022 67.2% 61.9% 96.1% 5/1/2022 No ComSonics Inc
22 Loan   1 Chantilly Self Storage 17,200,000 As Is 5/20/2022 46.5% 46.5% 97.9% 6/1/2022 NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio 10,450,000 As Is 3/28/2022 65.0% 65.0% 99.5%      
23.01 Property   1 ABC Storage 8,550,000 As Is 3/28/2022     99.5% 5/18/2022 NAP NAP
23.02 Property   1 ABC Easy 1,900,000 As Is 3/28/2022     99.5% 5/18/2022 NAP NAP
24 Loan 1, 15, 27 2 Florida NNN Portfolio 14,430,000 As Is 3/31/2022 45.7% 45.7% 100.0%      
24.01 Property   1 CVS - South Orange 11,700,000 As Is 3/31/2022     100.0% 8/6/2022 Yes Holiday CVS, L.L.C
24.02 Property   1 Dollar General - Mims 2,730,000 As Is 3/31/2022     100.0% 8/6/2022 Yes Dolgencorp, LLC
25 Loan 10, 28 1 Johns Hopkins University 12,500,000 As Is 6/7/2022 49.5% 49.5% 100.0% 8/1/2022 Yes  Johns Hopkins University
26 Loan 21, 25 1 Walgreens Coney Island Ave 13,200,000 As Is 3/15/2022 45.8% 45.8% NAP NAP NAP NAP
27 Loan 13 1 Village at Thrashers 9,780,000 As Is 5/6/2022 59.3% 59.3% 92.0% 4/30/2022 No T-Mobile
28 Loan 18 1 Stonington Self Storage 12,400,000 As Completed 7/5/2022 46.0% 46.0% 77.3% 6/4/2022 NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio 7,950,000 As Is Various 54.0% 54.0% 95.3%      
29.01 Property   1 West Valley 4,650,000 As Is 6/14/2022     98.0% 6/30/2022 NAP NAP
29.02 Property   1 Layton 3,300,000 As Is 6/10/2022     92.5% 6/30/2022 NAP NAP
30 Loan 13, 14 1 Absolute Self Storage 5,050,000 As Is 3/28/2022 59.4% 59.4% 96.1% 4/20/2022 NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage 3,600,000 As Is 3/18/2022 63.1% 63.1% 95.0% 4/20/2022 NAP NAP
                           

A-1-8 

 

BMARK 2022-B36: Annex A-1

                         
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Largest Tenant SF Largest Tenant % of NRA Largest Tenant Lease Expiration Date Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant
                14,19,20,21       14,19,20,21
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 212,800 61.5% 6/30/2030 CapGemini America, Inc. 64,500 18.7% 9/30/2027 Hulu LLC
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers                
2.01 Property   1 Yorkshire Towers NAP NAP NAP NAP NAP NAP NAP NAP
2.02 Property   1 Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 2, 5, 12 1 39 Broadway 37,760 8.4% 9/21/2025 The Waterfront Commission of New York Harbor 21,025 4.7% 11/26/2026 The Food Bank for New York City, Food for Survival
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 26,512 19.2% 1/31/2030 Roc Nation 24,489 17.7% 9/30/2029 Just One Eye
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 151,345 18.0% 3/23/2030 Big Lots 42,500 5.0% 1/31/2028 All Star Sports
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 570,214 42.0% 12/31/2028 Meridian Health 266,001 19.6% 12/31/2024 Rock Ventures
7 Loan 10, 21, 22, 27 1 Gateway Plaza 224,537 67.4% 8/31/2030 Towne Bank 26,047 7.8% 3/1/2031 CCA Industries, Inc.
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 119,513 69.4% 4/30/2034 Embark Trucks 52,815 30.6% 7/31/2029 NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I                
9.01 Property   1 2912 3rd Avenue North 84,147 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.02 Property   1 85 Sidney Phillips Drive 67,829 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.03 Property   1 2609 Clinton Avenue West 28,488 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.04 Property   1 1130 Lincoln Road 36,763 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.05 Property   1 3015 10th Avenue 31,578 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.06 Property   1 320 North 3rd Street 30,916 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.07 Property   1 458 Bic Road 34,173 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.08 Property   1 1732 Creighton Avenue Southeast 28,070 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.09 Property   1 437 South Noble Street 27,878 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.10 Property   1 4211 North Jackson Highway 25,851 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.11 Property   1 2609 Decatur Highway 19,891 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.12 Property   1 125 Hollywood Boulevard Northeast 15,839 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.13 Property   1 7 Armstrong Street Northwest 20,110 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.14 Property   1 1212 Webster Avenue 18,416 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.15 Property   1 4025 North Palafox Street 14,415 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.16 Property   1 2310 Frederick Road 17,494 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.17 Property   1 501 & 503 Railroad Avenue 17,816 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.18 Property   1 20762 Brinks Willis Road 14,894 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.19 Property   1 2201-C Highway 31 South 16,936 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.20 Property   1 1112 US Highway 31 South 15,649 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.21 Property   1 1916 11th Avenue North 10,992 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.22 Property   1 1715 Main Avenue Southwest 10,086 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.23 Property   1 9715 Milton Jones Road 10,089 100.0% 12/31/2041 NAP NAP NAP NAP NAP
9.24 Property   1 710 Oakhill Road 8,647 100.0% 12/31/2041 NAP NAP NAP NAP NAP
10 Loan   5 Keylock Storage Portfolio II                
10.01 Property   1 Keylock Storage - Middleton NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Keylock Storage - Hayden NAP NAP NAP NAP NAP NAP NAP NAP
10.03 Property   1 Keylock Storage - Apple NAP NAP NAP NAP NAP NAP NAP NAP
10.04 Property   1 Keylock Storage - Nampa NAP NAP NAP NAP NAP NAP NAP NAP
10.05 Property   1 Keylock Storage - Pasco NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II                
11.01 Property   1 1919 Superior Street 423,800 100.0% 11/30/2041 NAP NAP NAP NAP NAP
11.02 Property   1 11170 Green Valley Drive 340,000 100.0% 11/30/2041 NAP NAP NAP NAP NAP
11.03 Property   1 2030 Old Candler Road 97,800 100.0% 11/30/2041 NAP NAP NAP NAP NAP
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 86,584 31.8% 1/31/2032 Marshalls 30,000 11.0% 1/31/2028 Ross Dress For Less
13 Loan   3 Amsdell Southern Storage Portfolio                
13.01 Property   1 Compass Self Storage - Fate NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 Compass Self Storage - Mansfield NAP NAP NAP NAP NAP NAP NAP NAP
13.03 Property   1 Compass Self Storage - Leesburg NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan   1 7800 Red Road 7,992 14.0% 10/31/2024 DermCare Management, LLC 4,101 7.2% 4/30/2024 Executive Health of CG
15 Loan 12, 13, 14 2 NC Self Storage Portfolio                
15.01 Property   1 30 Mount Gilead Church Road NAP NAP NAP NAP NAP NAP NAP NAP
15.02 Property   1 1004 Greensboro Road NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 1, 12 1 Covington Center 45,000 37.6% 11/30/2038 Big Lots 28,935 24.2% 1/31/2027 Big 5
17 Loan 25 3 NMC Industrial Portfolio III                
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue 90,647 100.0% 9/30/2039 NAP NAP NAP NAP NAP
17.02 Property   1 861 Finches Ferry Road 205,792 100.0% 9/30/2039 NAP NAP NAP NAP NAP
17.03 Property   1 112 Walker Drive 36,242 100.0% 9/30/2039 NAP NAP NAP NAP NAP
18 Loan 14 1 Paloma Village Center 12,627 32.9% 10/31/2024 Flemings Steakhouse 6,596 17.2% 9/30/2024 The Ballet Conservatory
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 204,484 25.3% 4/30/2030 Maker City LA, LLC 148,908 18.5% 5/31/2035 Shipfront LLC
21 Loan 13, 21 1 South Park Business Center 14,579 11.6% 4/30/2027 Hopebridge, LLC 11,614 9.2% 8/31/2023 Integrated Public Safety Comm
22 Loan   1 Chantilly Self Storage NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio                
23.01 Property   1 ABC Storage NAP NAP NAP NAP NAP NAP NAP NAP
23.02 Property   1 ABC Easy NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 1, 15, 27 2 Florida NNN Portfolio                
24.01 Property   1 CVS - South Orange 13,846 100.0% 1/31/2035 NAP NAP NAP NAP NAP
24.02 Property   1 Dollar General - Mims 9,026 100.0% 2/28/2037 NAP NAP NAP NAP NAP
25 Loan 10, 28 1 Johns Hopkins University 43,785 100.0% 3/31/2031 NAP NAP NAP NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 13 1 Village at Thrashers 2,550 14.6% 3/31/2025 Seattle Sun Tan 2,380 13.6% 3/14/2030 Tae Rim Yoon, DMD
28 Loan 18 1 Stonington Self Storage NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio                
29.01 Property   1 West Valley NAP NAP NAP NAP NAP NAP NAP NAP
29.02 Property   1 Layton NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 13, 14 1 Absolute Self Storage NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage NAP NAP NAP NAP NAP NAP NAP NAP
                         

A-1-9 

 

BMARK 2022-B36: Annex A-1

                           
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF
                14,19,20,21       14,19,20,21  
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 40,106 11.6% 5/31/2025 Citibank, N.A. 14,872 4.3% 4/30/2028 Coach Inc 7,073
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers                  
2.01 Property   1 Yorkshire Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP
2.02 Property   1 Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 2, 5, 12 1 39 Broadway 16,890 3.7% 3/31/2026 Masterpiece International, Ltd. 15,555 3.5% 2/20/2027 Littleton Joyce Ughetta & Park LLP 13,644
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 23,367 16.9% 4/30/2026 Wix.com 15,504 11.2% 2/28/2027 Sightglass Coffee 10,560
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 41,043 4.9% 7/31/2025 T.J. Maxx 37,383 4.4% 1/31/2024 OfficeMax 23,150
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 66,059 4.9% 12/31/2028 Building Amenities Wellness Center LLC 50,116 3.7% 12/31/2035 Microsoft Corporation 43,795
7 Loan 10, 21, 22, 27 1 Gateway Plaza 25,707 7.7% 9/30/2030 Mercer (US), Inc. 14,330 4.3% 5/31/2032 Pacific Summit Energy LLC 8,503
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I                  
9.01 Property   1 2912 3rd Avenue North NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.02 Property   1 85 Sidney Phillips Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.03 Property   1 2609 Clinton Avenue West NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.04 Property   1 1130 Lincoln Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.05 Property   1 3015 10th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.06 Property   1 320 North 3rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.07 Property   1 458 Bic Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.08 Property   1 1732 Creighton Avenue Southeast NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.09 Property   1 437 South Noble Street NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.10 Property   1 4211 North Jackson Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.11 Property   1 2609 Decatur Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.12 Property   1 125 Hollywood Boulevard Northeast NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.13 Property   1 7 Armstrong Street Northwest NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.14 Property   1 1212 Webster Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.15 Property   1 4025 North Palafox Street NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.16 Property   1 2310 Frederick Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.17 Property   1 501 & 503 Railroad Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.18 Property   1 20762 Brinks Willis Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.19 Property   1 2201-C Highway 31 South NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.20 Property   1 1112 US Highway 31 South NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.21 Property   1 1916 11th Avenue North NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.22 Property   1 1715 Main Avenue Southwest NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.23 Property   1 9715 Milton Jones Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.24 Property   1 710 Oakhill Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan   5 Keylock Storage Portfolio II                  
10.01 Property   1 Keylock Storage - Middleton NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Keylock Storage - Hayden NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.03 Property   1 Keylock Storage - Apple NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.04 Property   1 Keylock Storage - Nampa NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.05 Property   1 Keylock Storage - Pasco NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II                  
11.01 Property   1 1919 Superior Street NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.02 Property   1 11170 Green Valley Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.03 Property   1 2030 Old Candler Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 27,718 10.2% 1/31/2027 Aldi 22,858 8.4% 1/31/2034 Total Wine, Beer, Spirits and More 20,769
13 Loan   3 Amsdell Southern Storage Portfolio                  
13.01 Property   1 Compass Self Storage - Fate NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 Compass Self Storage - Mansfield NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.03 Property   1 Compass Self Storage - Leesburg NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan   1 7800 Red Road 3,303 5.8% 4/30/2024 MoonAmie Productions 2,725 4.8% 4/30/2023 Kids Therapy Connection, Inc. 2,460
15 Loan 12, 13, 14 2 NC Self Storage Portfolio                  
15.01 Property   1 30 Mount Gilead Church Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.02 Property   1 1004 Greensboro Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 1, 12 1 Covington Center 11,466 9.6% 1/31/2024 Valley Medical 6,800 5.7% 3/31/2024 Olympic Sports 5,200
17 Loan 25 3 NMC Industrial Portfolio III                  
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP
17.02 Property   1 861 Finches Ferry Road NAP NAP NAP NAP NAP NAP NAP NAP NAP
17.03 Property   1 112 Walker Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 14 1 Paloma Village Center 4,058 10.6% 3/31/2025 Spa Solai 3,953 10.3% 4/30/2025 Starbucks 1,250
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 62,124 7.7% 8/31/2035 Stephen Jewelry, Inc. 31,956 4.0% 12/31/2022 PHR LA Mart, LLC 25,876
21 Loan 13, 21 1 South Park Business Center 9,765 7.8% 5/10/2028 The Phoenix Group Inc 9,106 7.3% 6/30/2027 Office of Attorney General 8,029
22 Loan   1 Chantilly Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio                  
23.01 Property   1 ABC Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.02 Property   1 ABC Easy NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 1, 15, 27 2 Florida NNN Portfolio                  
24.01 Property   1 CVS - South Orange NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.02 Property   1 Dollar General - Mims NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 10, 28 1 Johns Hopkins University NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 13 1 Village at Thrashers 2,285 13.1% 11/30/2027 Pizza Hut 1,700 9.7% 2/28/2025 My Lash 1,414
28 Loan 18 1 Stonington Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio                  
29.01 Property   1 West Valley NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.02 Property   1 Layton NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 13, 14 1 Absolute Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP
                           

A-1-10 

 

BMARK 2022-B36: Annex A-1

                               
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms
                          22 22 22
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 2.0% 1/31/2024 3/1/2022 NAP 3/4/2022 NAP NAP No Fee NAP NAP
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers                      
2.01 Property   1 Yorkshire Towers NAP NAP 2/3/2022 NAP 1/19/2022 NAP NAP No Fee NAP NAP
2.02 Property   1 Lexington Towers NAP NAP 1/19/2022 NAP 1/19/2022 NAP NAP No Fee NAP NAP
3 Loan 2, 5, 12 1 39 Broadway 3.0% 1/31/2028 5/17/2022 NAP 5/13/2022 NAP NAP No Fee NAP NAP
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 7.6% 5/30/2029 7/14/2022 NAP 7/13/2022, 7/14/2022 7/13/2022 17%, 11% No Fee NAP NAP
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 2.7% 1/31/2024 5/10/2022 NAP 5/11/2022 NAP NAP No Fee / Leasehold 11/30/2069 None
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 3.2% 7/31/2025 5/27/2022 NAP 5/27/2022 NAP NAP No Fee NAP NAP
7 Loan 10, 21, 22, 27 1 Gateway Plaza 2.6% 2/28/2027 2/18/2022 NAP 2/16/2022 NAP NAP No Leasehold 6/30/2121 None
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAP NAP 3/28/2022 NAP 3/25/2022 3/31/2022 19% No Fee NAP NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I                      
9.01 Property   1 2912 3rd Avenue North NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.02 Property   1 85 Sidney Phillips Drive NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.03 Property   1 2609 Clinton Avenue West NAP NAP 12/6/2021 NAP 4/27/2022 NAP NAP No Fee NAP NAP
9.04 Property   1 1130 Lincoln Road NAP NAP 12/6/2021 NAP 4/27/2022 NAP NAP No Fee NAP NAP
9.05 Property   1 3015 10th Avenue NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.06 Property   1 320 North 3rd Street NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.07 Property   1 458 Bic Road NAP NAP 12/6/2021 NAP 4/27/2022 NAP NAP No Fee NAP NAP
9.08 Property   1 1732 Creighton Avenue Southeast NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.09 Property   1 437 South Noble Street NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP Yes - AE Fee NAP NAP
9.10 Property   1 4211 North Jackson Highway NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.11 Property   1 2609 Decatur Highway NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.12 Property   1 125 Hollywood Boulevard Northeast NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.13 Property   1 7 Armstrong Street Northwest NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.14 Property   1 1212 Webster Avenue NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.15 Property   1 4025 North Palafox Street NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.16 Property   1 2310 Frederick Road NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.17 Property   1 501 & 503 Railroad Avenue NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.18 Property   1 20762 Brinks Willis Road NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.19 Property   1 2201-C Highway 31 South NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.20 Property   1 1112 US Highway 31 South NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.21 Property   1 1916 11th Avenue North NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.22 Property   1 1715 Main Avenue Southwest NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.23 Property   1 9715 Milton Jones Road NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
9.24 Property   1 710 Oakhill Road NAP NAP 12/6/2021 NAP 12/6/2021 NAP NAP No Fee NAP NAP
10 Loan   5 Keylock Storage Portfolio II                      
10.01 Property   1 Keylock Storage - Middleton NAP NAP 6/21/2022 NAP 6/21/2022 NAP NAP No Fee NAP NAP
10.02 Property   1 Keylock Storage - Hayden NAP NAP 6/21/2022 NAP 6/21/2022 NAP NAP No Fee NAP NAP
10.03 Property   1 Keylock Storage - Apple NAP NAP 6/21/2022 NAP 6/21/2022 NAP NAP No Fee NAP NAP
10.04 Property   1 Keylock Storage - Nampa NAP NAP 6/21/2022 NAP 6/21/2022 NAP NAP No Fee NAP NAP
10.05 Property   1 Keylock Storage - Pasco NAP NAP 6/21/2022 NAP 6/21/2022 NAP NAP No Fee NAP NAP
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II                      
11.01 Property   1 1919 Superior Street NAP NAP 5/18/2022 NAP 9/21/2021 NAP NAP No Fee NAP NAP
11.02 Property   1 11170 Green Valley Drive NAP NAP 5/18/2022 NAP 11/10/2021 NAP NAP No Fee NAP NAP
11.03 Property   1 2030 Old Candler Road NAP NAP 5/18/2022 NAP 9/21/2021 NAP NAP No Fee / Leasehold 11/30/2041 4, 5-year extension options
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 7.6% 1/31/2030 3/18/2022 NAP 3/17/2022 NAP NAP No Fee NAP NAP
13 Loan   3 Amsdell Southern Storage Portfolio                      
13.01 Property   1 Compass Self Storage - Fate NAP NAP 4/22/2022 NAP 5/18/2022 NAP NAP No Fee NAP NAP
13.02 Property   1 Compass Self Storage - Mansfield NAP NAP 4/15/2022 NAP 7/11/2022 NAP NAP No Fee NAP NAP
13.03 Property   1 Compass Self Storage - Leesburg NAP NAP 4/18/2022 NAP 5/18/2022 NAP NAP No Fee NAP NAP
14 Loan   1 7800 Red Road 4.3% 6/6/2023 5/10/2022 NAP 5/13/2022 NAP NAP No Fee NAP NAP
15 Loan 12, 13, 14 2 NC Self Storage Portfolio                      
15.01 Property   1 30 Mount Gilead Church Road NAP NAP 4/20/2022 NAP 4/19/2022 NAP NAP No Fee NAP NAP
15.02 Property   1 1004 Greensboro Road NAP NAP 4/20/2022 NAP 4/20/2022 NAP NAP No Fee NAP NAP
16 Loan 1, 12 1 Covington Center 4.4% 11/30/2029 3/29/2022 NAP 3/29/2022 3/29/2022 12% No Fee NAP NAP
17 Loan 25 3 NMC Industrial Portfolio III                      
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue NAP NAP 5/11/2022, 5/16/2022 NAP 5/11/2022, 5/16/2022 NAP NAP No Fee NAP NAP
17.02 Property   1 861 Finches Ferry Road NAP NAP 5/16/2022 NAP 5/16/2022 NAP NAP No Fee NAP NAP
17.03 Property   1 112 Walker Drive NAP NAP 5/16/2022 NAP 5/16/2022 NAP NAP No Fee NAP NAP
18 Loan 14 1 Paloma Village Center 3.3% 8/31/2029 5/12/2022 NAP 5/5/2022 NAP NAP No Fee NAP NAP
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North NAP NAP 8/25/2021 NAP 8/25/2021 NAP NAP No Fee NAP NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 3.2% 12/31/2022 3/11/2022 NAP 3/11/2022 3/10/2022 13% No Fee NAP NAP
21 Loan 13, 21 1 South Park Business Center 6.4% 1/31/2023 6/10/2022 NAP 7/1/2022 NAP NAP No Fee NAP NAP
22 Loan   1 Chantilly Self Storage NAP NAP 5/26/2022 NAP 5/26/2022 NAP NAP No Fee NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio                      
23.01 Property   1 ABC Storage NAP NAP 4/8/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP
23.02 Property   1 ABC Easy NAP NAP 4/8/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP
24 Loan 1, 15, 27 2 Florida NNN Portfolio                      
24.01 Property   1 CVS - South Orange NAP NAP 4/5/2022 NAP 4/5/2022 NAP NAP No Fee NAP NAP
24.02 Property   1 Dollar General - Mims NAP NAP 4/5/2022 NAP 4/5/2022 NAP NAP No Fee NAP NAP
25 Loan 10, 28 1 Johns Hopkins University NAP NAP 7/11/2022 NAP 7/11/2022 NAP NAP No Fee NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave NAP NAP 5/26/2022 NAP 1/11/2022 NAP NAP No Fee 6/30/2049 None
27 Loan 13 1 Village at Thrashers 8.1% 10/31/2026 5/12/2022 6/9/2022 5/12/2022 5/12/2022 8% No Fee NAP NAP
28 Loan 18 1 Stonington Self Storage NAP NAP 6/22/2022 NAP 6/22/2022 NAP NAP No Fee NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio                      
29.01 Property   1 West Valley NAP NAP 6/29/2022 NAP 7/20/2022 7/1/2022 9% No Fee NAP NAP
29.02 Property   1 Layton NAP NAP 6/29/2022 NAP 7/20/2022 7/21/2022 8% No Fee NAP NAP
30 Loan 13, 14 1 Absolute Self Storage NAP NAP 4/11/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage NAP NAP 4/8/2022 NAP 4/8/2022 NAP NAP No Fee NAP NAP
                               

A-1-11 

 

BMARK 2022-B36: Annex A-1

                       
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($) Upfront Replacement / PIP Reserve ($)
          22 22 23 24 23 24 23
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue NAP NAP 2,815,969 469,328 0 Springing 0
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers     5,390,917 898,486 367,868 Springing 1,100,000
2.01 Property   1 Yorkshire Towers NAP NAP          
2.02 Property   1 Lexington Towers NAP NAP          
3 Loan 2, 5, 12 1 39 Broadway NAP NAP 300,805 300,805 0 Springing 0
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore NAP NAP 0 Springing 0 Springing 0
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 150,000 No 218,640 72,880 228,872 28,609 0
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius NAP NAP 3,926,163 560,880 0 Springing 28,230
7 Loan 10, 21, 22, 27 1 Gateway Plaza 3,029,500 Yes 232,997 116,498 0 Springing 0
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAP NAP 289,274 72,319 37,550 7,510 130,000
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I     0 Springing 0 Springing 0
9.01 Property   1 2912 3rd Avenue North NAP NAP          
9.02 Property   1 85 Sidney Phillips Drive NAP NAP          
9.03 Property   1 2609 Clinton Avenue West NAP NAP          
9.04 Property   1 1130 Lincoln Road NAP NAP          
9.05 Property   1 3015 10th Avenue NAP NAP          
9.06 Property   1 320 North 3rd Street NAP NAP          
9.07 Property   1 458 Bic Road NAP NAP          
9.08 Property   1 1732 Creighton Avenue Southeast NAP NAP          
9.09 Property   1 437 South Noble Street NAP NAP          
9.10 Property   1 4211 North Jackson Highway NAP NAP          
9.11 Property   1 2609 Decatur Highway NAP NAP          
9.12 Property   1 125 Hollywood Boulevard Northeast NAP NAP          
9.13 Property   1 7 Armstrong Street Northwest NAP NAP          
9.14 Property   1 1212 Webster Avenue NAP NAP          
9.15 Property   1 4025 North Palafox Street NAP NAP          
9.16 Property   1 2310 Frederick Road NAP NAP          
9.17 Property   1 501 & 503 Railroad Avenue NAP NAP          
9.18 Property   1 20762 Brinks Willis Road NAP NAP          
9.19 Property   1 2201-C Highway 31 South NAP NAP          
9.20 Property   1 1112 US Highway 31 South NAP NAP          
9.21 Property   1 1916 11th Avenue North NAP NAP          
9.22 Property   1 1715 Main Avenue Southwest NAP NAP          
9.23 Property   1 9715 Milton Jones Road NAP NAP          
9.24 Property   1 710 Oakhill Road NAP NAP          
10 Loan   5 Keylock Storage Portfolio II     65,918 21,973 10,752 1,792 0
10.01 Property   1 Keylock Storage - Middleton NAP NAP          
10.02 Property   1 Keylock Storage - Hayden NAP NAP          
10.03 Property   1 Keylock Storage - Apple NAP NAP          
10.04 Property   1 Keylock Storage - Nampa NAP NAP          
10.05 Property   1 Keylock Storage - Pasco NAP NAP          
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II     0 Springing 0 Springing 0
11.01 Property   1 1919 Superior Street NAP NAP          
11.02 Property   1 11170 Green Valley Drive NAP NAP          
11.03 Property   1 2030 Old Candler Road 88,701 Yes          
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place NAP NAP 476,133 47,613 0 Springing 2,318
13 Loan   3 Amsdell Southern Storage Portfolio     199,585 24,948 0 Springing 0
13.01 Property   1 Compass Self Storage - Fate NAP NAP          
13.02 Property   1 Compass Self Storage - Mansfield NAP NAP          
13.03 Property   1 Compass Self Storage - Leesburg NAP NAP          
14 Loan   1 7800 Red Road NAP NAP 87,171 17,434 0 Springing 0
15 Loan 12, 13, 14 2 NC Self Storage Portfolio     55,894 5,081 0 Springing 0
15.01 Property   1 30 Mount Gilead Church Road NAP NAP          
15.02 Property   1 1004 Greensboro Road NAP NAP          
16 Loan 1, 12 1 Covington Center NAP NAP 36,937 18,469 0 3,578 0
17 Loan 25 3 NMC Industrial Portfolio III     0 Springing 0 Springing 0
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue NAP NAP          
17.02 Property   1 861 Finches Ferry Road NAP NAP          
17.03 Property   1 112 Walker Drive NAP NAP          
18 Loan 14 1 Paloma Village Center NAP NAP 37,296 12,432 3,590 1,795 0
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North NAP NAP 113,879 28,470 0 Springing 0
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef NAP NAP 205,149 68,383 0 Springing 0
21 Loan 13, 21 1 South Park Business Center NAP NAP 0 9,432 5,541 2,771 38,018
22 Loan   1 Chantilly Self Storage NAP NAP 17,852 8,926 0 Springing 0
23 Loan 14 2 ABC Self Storage Portfolio     97,504 13,929 0 Springing 0
23.01 Property   1 ABC Storage NAP NAP          
23.02 Property   1 ABC Easy NAP NAP          
24 Loan 1, 15, 27 2 Florida NNN Portfolio     427 53 0 Springing 0
24.01 Property   1 CVS - South Orange NAP NAP          
24.02 Property   1 Dollar General - Mims NAP NAP          
25 Loan 10, 28 1 Johns Hopkins University NAP NAP 0 9,009 2,185 1,093 0
26 Loan 21, 25 1 Walgreens Coney Island Ave 592,900 No 0 Springing 0 Springing 0
27 Loan 13 1 Village at Thrashers NAP NAP 22,658 5,923 0 Springing 0
28 Loan 18 1 Stonington Self Storage NAP NAP 13,409 4,470 2,397 342 0
29 Loan 29 2 CIG Self Storage Portfolio     41,980 4,198 7,688 1,281 0
29.01 Property   1 West Valley NAP NAP          
29.02 Property   1 Layton NAP NAP          
30 Loan 13, 14 1 Absolute Self Storage NAP NAP 13,340 2,223 1,624 1,624 0
31 Loan 13, 14 1 Wagner Ford Self Storage NAP NAP 0 4,030 0 Springing 0
                       

A-1-12 

 

BMARK 2022-B36: Annex A-1

                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($) Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($) TI/LC Caps ($) Upfront Debt Service Reserve ($) Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($) Upfront Deferred Maintenance Reserve ($) Upfront Other Reserve ($)
          24 25 23 24 25 23 24 25 23 23
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 5,763 207,468 1,000,000 57,760 3,500,000 0 0 0 0 0
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 0 0 1,000,000 0 0 0 0 0 0 12,400,000
2.01 Property   1 Yorkshire Towers                    
2.02 Property   1 Lexington Towers                    
3 Loan 2, 5, 12 1 39 Broadway 8,443 0 0 75,097 1,802,332 0 0 0 0 1,355,477
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 2,305 0 893,537 14,406 691,470 0 0 0 0 165,500
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 30,179 0 0 35,092 1,850,000 0 0 0 201,250 443,897
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 28,230 677,530 1,500,000 169,541 4,000,000 0 0 0 0 3,851,373
7 Loan 10, 21, 22, 27 1 Gateway Plaza 4,163 0 0 0 0 0 0 0 0 934,013
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 3,590 86,164 4,946,132 Springing 0 0 0 0 0 45,289,968
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I Springing 182,090 0 Springing 910,451 0 0 0 0 0
9.01 Property   1 2912 3rd Avenue North                    
9.02 Property   1 85 Sidney Phillips Drive                    
9.03 Property   1 2609 Clinton Avenue West                    
9.04 Property   1 1130 Lincoln Road                    
9.05 Property   1 3015 10th Avenue                    
9.06 Property   1 320 North 3rd Street                    
9.07 Property   1 458 Bic Road                    
9.08 Property   1 1732 Creighton Avenue Southeast                    
9.09 Property   1 437 South Noble Street                    
9.10 Property   1 4211 North Jackson Highway                    
9.11 Property   1 2609 Decatur Highway                    
9.12 Property   1 125 Hollywood Boulevard Northeast                    
9.13 Property   1 7 Armstrong Street Northwest                    
9.14 Property   1 1212 Webster Avenue                    
9.15 Property   1 4025 North Palafox Street                    
9.16 Property   1 2310 Frederick Road                    
9.17 Property   1 501 & 503 Railroad Avenue                    
9.18 Property   1 20762 Brinks Willis Road                    
9.19 Property   1 2201-C Highway 31 South                    
9.20 Property   1 1112 US Highway 31 South                    
9.21 Property   1 1916 11th Avenue North                    
9.22 Property   1 1715 Main Avenue Southwest                    
9.23 Property   1 9715 Milton Jones Road                    
9.24 Property   1 710 Oakhill Road                    
10 Loan   5 Keylock Storage Portfolio II 41,466 0 0 0 0 0 0 0 35,469 0
10.01 Property   1 Keylock Storage - Middleton                    
10.02 Property   1 Keylock Storage - Hayden                    
10.03 Property   1 Keylock Storage - Apple                    
10.04 Property   1 Keylock Storage - Nampa                    
10.05 Property   1 Keylock Storage - Pasco                    
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II Springing 258,480 0 Springing 1,292,400 0 0 0 0 0
11.01 Property   1 1919 Superior Street                    
11.02 Property   1 11170 Green Valley Drive                    
11.03 Property   1 2030 Old Candler Road                    
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 2,318 83,464 331,336 11,336 680,150 0 0 0 0 830,000
13 Loan   3 Amsdell Southern Storage Portfolio 3,498 125,933 0 0 0 0 0 0 73,205 0
13.01 Property   1 Compass Self Storage - Fate                    
13.02 Property   1 Compass Self Storage - Mansfield                    
13.03 Property   1 Compass Self Storage - Leesburg                    
14 Loan   1 7800 Red Road 965 0 200,000 4,826 500,000 0 0 0 0 0
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 1,423 0 0 0 0 0 0 0 0 18,250
15.01 Property   1 30 Mount Gilead Church Road                    
15.02 Property   1 1004 Greensboro Road                    
16 Loan 1, 12 1 Covington Center 1,494 0 0 7,471 270,000 0 0 0 0 675,000
17 Loan 25 3 NMC Industrial Portfolio III Springing 99,804 0 Springing 499,022 0 0 0 0 0
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue                    
17.02 Property   1 861 Finches Ferry Road                    
17.03 Property   1 112 Walker Drive                    
18 Loan 14 1 Paloma Village Center 1,023 36,813 0 2,397 86,281 0 0 0 30,910 0
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North Springing 0 0 0 0 312,637 0 0 0 4,532,250
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef 11,715 0 0 67,247 1,613,919 0 0 0 0 22,000,000
21 Loan 13, 21 1 South Park Business Center 1,702 61,266 400,000 7,783 467,000 0 0 0 286,982 13,031
22 Loan   1 Chantilly Self Storage 889 0 0 0 0 0 0 0 0 0
23 Loan 14 2 ABC Self Storage Portfolio 1,652 39,641 0 0 0 0 0 0 0 0
23.01 Property   1 ABC Storage                    
23.02 Property   1 ABC Easy                    
24 Loan 1, 15, 27 2 Florida NNN Portfolio 0 0 0 0 0 0 0 0 0 230,000
24.01 Property   1 CVS - South Orange                    
24.02 Property   1 Dollar General - Mims                    
25 Loan 10, 28 1 Johns Hopkins University Springing 0 0 Springing 0 0 0 0 0 766,238
26 Loan 21, 25 1 Walgreens Coney Island Ave Springing 0 0 Springing 0 0 0 0 0 0
27 Loan 13 1 Village at Thrashers 539 0 0 2,186 0 0 0 0 0 0
28 Loan 18 1 Stonington Self Storage 442 10,606 0 0 0 0 0 0 0 0
29 Loan 29 2 CIG Self Storage Portfolio 796 0 0 0 0 0 0 0 0 0
29.01 Property   1 West Valley                    
29.02 Property   1 Layton                    
30 Loan 13, 14 1 Absolute Self Storage 399 15,000 0 0 0 0 0 0 3,960 0
31 Loan 13, 14 1 Wagner Ford Self Storage 432 10,379 0 0 0 0 0 0 17,316 0
                             

A-1-13 

 

BMARK 2022-B36: Annex A-1

                   
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Monthly Other Reserve ($) Other Reserve Description Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description
          24   25    
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 0 NAP 0 0 NAP
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers Springing Unit Upgrade Reserve (Upfront: $6,500,000), Supplemental Income Reserve (Upfront: $5,900,000; Future Quarterly: Springing) 0 0 NAP
2.01 Property   1 Yorkshire Towers          
2.02 Property   1 Lexington Towers          
3 Loan 2, 5, 12 1 39 Broadway 0 Outstanding Tenant Obligations Reserve 0 0 NAP
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 0 Free Rent Obligations Reserve (Upfront: $57,051), Motor Cars Gap Rent Reserve (Upfront: $80,121.78), Nili Lotan Gap Rent (Upfront: 28,327.66) 0 0 NAP
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 24,204 Outstanding Obligations Reserve (Upfront: $360,379), Ground Rent Reserve (Upfront: $83,518.33; Monthly: $24,203.67) 0 0 NAP
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius Springing Outstanding TI/LC Reserve (Upfront: $3,851,373.43), Meridian/Rocket Reserve (Monthly: Springing) 0 0 NAP
7 Loan 10, 21, 22, 27 1 Gateway Plaza 252,458 Unfunded Obligations Reserve (Upfront: $681,554.97), Ground Rent Reserve (Upfront: $252,458; Monthly: $252,458.33) 0 0 NAP
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 0 Embark Holdback Reserve ($31,000,000), IDEO Free Rent Reserve ($5,304,696.33), IDEO Security Deposit Reserve ($4,631,047.21), Embark Security Deposit Reserve ($3,089,693.75), IDEO Gap Rent Reserve ($1,264,530.75) 0 31,000,000 Embark Holdback Reserve
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I 0 NAP 0 0 NAP
9.01 Property   1 2912 3rd Avenue North          
9.02 Property   1 85 Sidney Phillips Drive          
9.03 Property   1 2609 Clinton Avenue West          
9.04 Property   1 1130 Lincoln Road          
9.05 Property   1 3015 10th Avenue          
9.06 Property   1 320 North 3rd Street          
9.07 Property   1 458 Bic Road          
9.08 Property   1 1732 Creighton Avenue Southeast          
9.09 Property   1 437 South Noble Street          
9.10 Property   1 4211 North Jackson Highway          
9.11 Property   1 2609 Decatur Highway          
9.12 Property   1 125 Hollywood Boulevard Northeast          
9.13 Property   1 7 Armstrong Street Northwest          
9.14 Property   1 1212 Webster Avenue          
9.15 Property   1 4025 North Palafox Street          
9.16 Property   1 2310 Frederick Road          
9.17 Property   1 501 & 503 Railroad Avenue          
9.18 Property   1 20762 Brinks Willis Road          
9.19 Property   1 2201-C Highway 31 South          
9.20 Property   1 1112 US Highway 31 South          
9.21 Property   1 1916 11th Avenue North          
9.22 Property   1 1715 Main Avenue Southwest          
9.23 Property   1 9715 Milton Jones Road          
9.24 Property   1 710 Oakhill Road          
10 Loan   5 Keylock Storage Portfolio II 0 NAP 0 0 NAP
10.01 Property   1 Keylock Storage - Middleton          
10.02 Property   1 Keylock Storage - Hayden          
10.03 Property   1 Keylock Storage - Apple          
10.04 Property   1 Keylock Storage - Nampa          
10.05 Property   1 Keylock Storage - Pasco          
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II Springing Ground Rent Reserve 0 0 NAP
11.01 Property   1 1919 Superior Street          
11.02 Property   1 11170 Green Valley Drive          
11.03 Property   1 2030 Old Candler Road          
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 0 Rent Replacement Reserve (Upfront: $750,000), Outstanding TI Reserve (Upfront: $80,000) 0 0 NAP
13 Loan   3 Amsdell Southern Storage Portfolio 0 NAP 0 0 NAP
13.01 Property   1 Compass Self Storage - Fate          
13.02 Property   1 Compass Self Storage - Mansfield          
13.03 Property   1 Compass Self Storage - Leesburg          
14 Loan   1 7800 Red Road 0 NAP 0 0 NAP
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 0 MASS Units Reserve 0 0 NAP
15.01 Property   1 30 Mount Gilead Church Road          
15.02 Property   1 1004 Greensboro Road          
16 Loan 1, 12 1 Covington Center 0 LA Fitness Reserve ($500,000), Roof Repair Reserve ($175,000) 0 0 NAP
17 Loan 25 3 NMC Industrial Portfolio III 0 NAP 0 0 NAP
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue          
17.02 Property   1 861 Finches Ferry Road          
17.03 Property   1 112 Walker Drive          
18 Loan 14 1 Paloma Village Center 0 NAP 0 0 NAP
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North Springing PIP Reserve 0 0 NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef Springing LA County Earnout Reserve (Upfront: $22,000,000), Billboard Replacement Funds (Monthly: Springing) 0 0 NAP
21 Loan 13, 21 1 South Park Business Center 0 Unfunded Obligations Reserve 0 0 NAP
22 Loan   1 Chantilly Self Storage 0 NAP 0 0 NAP
23 Loan 14 2 ABC Self Storage Portfolio 0 NAP 0 0 NAP
23.01 Property   1 ABC Storage          
23.02 Property   1 ABC Easy          
24 Loan 1, 15, 27 2 Florida NNN Portfolio 0 CVS Abatement Reserve 0 0 NAP
24.01 Property   1 CVS - South Orange          
24.02 Property   1 Dollar General - Mims          
25 Loan 10, 28 1 Johns Hopkins University 0 Unfunded Obligations Reserve 0 0 NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave 0 NAP 0 0 NAP
27 Loan 13 1 Village at Thrashers 0 NAP 0 0 NAP
28 Loan 18 1 Stonington Self Storage 0 NAP 0 0 NAP
29 Loan 29 2 CIG Self Storage Portfolio 0 NAP 0 0 NAP
29.01 Property   1 West Valley          
29.02 Property   1 Layton          
30 Loan 13, 14 1 Absolute Self Storage 0 NAP 0 0 NAP
31 Loan 13, 14 1 Wagner Ford Self Storage 0 NAP 0 0 NAP
                   

A-1-14 

 

BMARK 2022-B36: Annex A-1

                               
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) Tenant Specific Excess Cash Trap Trigger (Y/N) Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($)
          26 26                  
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue Hard Springing Yes Yes Yes No 71,000,000 169,000,000 702,523.61 997,666.67 NAP
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers Hard (Commercial); Soft (Multifamily) In Place Yes No Yes No 66,000,000 252,000,000 647,266.67 816,788.89 221,500,000
2.01 Property   1 Yorkshire Towers                      
2.02 Property   1 Lexington Towers                      
3 Loan 2, 5, 12 1 39 Broadway Hard Springing Yes No Yes Yes 65,000,000 20,000,000 85,335.64 362,676.50 NAP
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius Hard Springing Yes Yes Yes Yes 50,000,000 168,000,000 854,505.56 1,108,822.69 NAP
7 Loan 10, 21, 22, 27 1 Gateway Plaza Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building Hard Springing Yes Yes Yes No 35,000,000 65,000,000 285,441.41 439,140.63 NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
9.01 Property   1 2912 3rd Avenue North                      
9.02 Property   1 85 Sidney Phillips Drive                      
9.03 Property   1 2609 Clinton Avenue West                      
9.04 Property   1 1130 Lincoln Road                      
9.05 Property   1 3015 10th Avenue                      
9.06 Property   1 320 North 3rd Street                      
9.07 Property   1 458 Bic Road                      
9.08 Property   1 1732 Creighton Avenue Southeast                      
9.09 Property   1 437 South Noble Street                      
9.10 Property   1 4211 North Jackson Highway                      
9.11 Property   1 2609 Decatur Highway                      
9.12 Property   1 125 Hollywood Boulevard Northeast                      
9.13 Property   1 7 Armstrong Street Northwest                      
9.14 Property   1 1212 Webster Avenue                      
9.15 Property   1 4025 North Palafox Street                      
9.16 Property   1 2310 Frederick Road                      
9.17 Property   1 501 & 503 Railroad Avenue                      
9.18 Property   1 20762 Brinks Willis Road                      
9.19 Property   1 2201-C Highway 31 South                      
9.20 Property   1 1112 US Highway 31 South                      
9.21 Property   1 1916 11th Avenue North                      
9.22 Property   1 1715 Main Avenue Southwest                      
9.23 Property   1 9715 Milton Jones Road                      
9.24 Property   1 710 Oakhill Road                      
10 Loan   5 Keylock Storage Portfolio II Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
10.01 Property   1 Keylock Storage - Middleton                      
10.02 Property   1 Keylock Storage - Hayden                      
10.03 Property   1 Keylock Storage - Apple                      
10.04 Property   1 Keylock Storage - Nampa                      
10.05 Property   1 Keylock Storage - Pasco                      
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
11.01 Property   1 1919 Superior Street                      
11.02 Property   1 11170 Green Valley Drive                      
11.03 Property   1 2030 Old Candler Road                      
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place Hard Springing Yes No No NAP NAP NAP NAP NAP NAP
13 Loan   3 Amsdell Southern Storage Portfolio Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
13.01 Property   1 Compass Self Storage - Fate                      
13.02 Property   1 Compass Self Storage - Mansfield                      
13.03 Property   1 Compass Self Storage - Leesburg                      
14 Loan   1 7800 Red Road Hard Springing Yes No No NAP NAP NAP NAP NAP NAP
15 Loan 12, 13, 14 2 NC Self Storage Portfolio Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
15.01 Property   1 30 Mount Gilead Church Road                      
15.02 Property   1 1004 Greensboro Road                      
16 Loan 1, 12 1 Covington Center Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
17 Loan 25 3 NMC Industrial Portfolio III Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue                      
17.02 Property   1 861 Finches Ferry Road                      
17.03 Property   1 112 Walker Drive                      
18 Loan 14 1 Paloma Village Center Springing Springing Yes Yes No NAP NAP NAP NAP NAP NAP
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef Hard Springing Yes Yes Yes No 10,000,000 140,000,000 641,707.17 687,543.40 NAP
21 Loan 13, 21 1 South Park Business Center Hard Springing Yes No No NAP NAP NAP NAP NAP NAP
22 Loan   1 Chantilly Self Storage Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
23.01 Property   1 ABC Storage                      
23.02 Property   1 ABC Easy                      
24 Loan 1, 15, 27 2 Florida NNN Portfolio Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
24.01 Property   1 CVS - South Orange                      
24.02 Property   1 Dollar General - Mims                      
25 Loan 10, 28 1 Johns Hopkins University Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave Hard Springing Yes Yes No NAP NAP NAP NAP NAP NAP
27 Loan 13 1 Village at Thrashers Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
28 Loan 18 1 Stonington Self Storage Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
29.01 Property   1 West Valley                      
29.02 Property   1 Layton                      
30 Loan 13, 14 1 Absolute Self Storage Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage Springing Springing Yes No No NAP NAP NAP NAP NAP NAP
                               

A-1-15 

 

BMARK 2022-B36: Annex A-1

                                   
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%)
                  9             9  
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue NAP 240,000,000 997,666.67 60.8% 1.61 8.4% NAP NAP NAP NAP NAP NAP NAP
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 3.04000% 539,500,000 1,385,715.74 56.6% 2.13 6.6% 174,500,000 7.26627% 714,000,000 2,457,027.92 74.8% 1.20 5.0%
2.01 Property   1 Yorkshire Towers                          
2.02 Property   1 Lexington Towers                          
3 Loan 2, 5, 12 1 39 Broadway NAP 85,000,000 362,676.50 38.6% 2.09 11.6% NAP NAP NAP NAP NAP NAP NAP
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius NAP 218,000,000 1,108,822.69 60.1% 1.74 11.5% NAP NAP NAP NAP NAP NAP NAP
7 Loan 10, 21, 22, 27 1 Gateway Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAP 100,000,000 439,140.63 58.8% 1.74 9.7% NAP NAP NAP NAP NAP NAP NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.01 Property   1 2912 3rd Avenue North                          
9.02 Property   1 85 Sidney Phillips Drive                          
9.03 Property   1 2609 Clinton Avenue West                          
9.04 Property   1 1130 Lincoln Road                          
9.05 Property   1 3015 10th Avenue                          
9.06 Property   1 320 North 3rd Street                          
9.07 Property   1 458 Bic Road                          
9.08 Property   1 1732 Creighton Avenue Southeast                          
9.09 Property   1 437 South Noble Street                          
9.10 Property   1 4211 North Jackson Highway                          
9.11 Property   1 2609 Decatur Highway                          
9.12 Property   1 125 Hollywood Boulevard Northeast                          
9.13 Property   1 7 Armstrong Street Northwest                          
9.14 Property   1 1212 Webster Avenue                          
9.15 Property   1 4025 North Palafox Street                          
9.16 Property   1 2310 Frederick Road                          
9.17 Property   1 501 & 503 Railroad Avenue                          
9.18 Property   1 20762 Brinks Willis Road                          
9.19 Property   1 2201-C Highway 31 South                          
9.20 Property   1 1112 US Highway 31 South                          
9.21 Property   1 1916 11th Avenue North                          
9.22 Property   1 1715 Main Avenue Southwest                          
9.23 Property   1 9715 Milton Jones Road                          
9.24 Property   1 710 Oakhill Road                          
10 Loan   5 Keylock Storage Portfolio II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 Keylock Storage - Middleton                          
10.02 Property   1 Keylock Storage - Hayden                          
10.03 Property   1 Keylock Storage - Apple                          
10.04 Property   1 Keylock Storage - Nampa                          
10.05 Property   1 Keylock Storage - Pasco                          
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.01 Property   1 1919 Superior Street                          
11.02 Property   1 11170 Green Valley Drive                          
11.03 Property   1 2030 Old Candler Road                          
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   3 Amsdell Southern Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.01 Property   1 Compass Self Storage - Fate                          
13.02 Property   1 Compass Self Storage - Mansfield                          
13.03 Property   1 Compass Self Storage - Leesburg                          
14 Loan   1 7800 Red Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 12, 13, 14 2 NC Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.01 Property   1 30 Mount Gilead Church Road                          
15.02 Property   1 1004 Greensboro Road                          
16 Loan 1, 12 1 Covington Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 25 3 NMC Industrial Portfolio III NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue                          
17.02 Property   1 861 Finches Ferry Road                          
17.03 Property   1 112 Walker Drive                          
18 Loan 14 1 Paloma Village Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef NAP 150,000,000 687,543.40 43.0% 2.34 13.5% NAP NAP NAP NAP NAP NAP NAP
21 Loan 13, 21 1 South Park Business Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Chantilly Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.01 Property   1 ABC Storage                          
23.02 Property   1 ABC Easy                          
24 Loan 1, 15, 27 2 Florida NNN Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.01 Property   1 CVS - South Orange                          
24.02 Property   1 Dollar General - Mims                          
25 Loan 10, 28 1 Johns Hopkins University NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 13 1 Village at Thrashers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 18 1 Stonington Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.01 Property   1 West Valley                          
29.02 Property   1 Layton                          
30 Loan 13, 14 1 Absolute Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
                                   

A-1-16 

 

BMARK 2022-B36: Annex A-1

                 
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Future Additional Debt Permitted (Y/N) Future Debt Permitted Type Sponsor Non-Recourse Carveout Guarantor
          27 27 28 28
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue No NAP Albert Kalimian Albert Kalimian
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers No NAP Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009 Meyer Chetrit and The Gluck Family Trust U/A/D July 16, 2009
2.01 Property   1 Yorkshire Towers        
2.02 Property   1 Lexington Towers        
3 Loan 2, 5, 12 1 39 Broadway No NAP Avi Schron, Mark Schron and Eli Schron Avi Schron, Mark Schron and Eli Schron
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore Yes Mezzanine (Max Combined LTV of 51.3%; Min Combined DSCR of 1.40x; Intercreditor Agreement is required) Richard Scott Ressler, Avraham Shemesh and Shaul Kuba SKR Holdings, LLC
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard No NAP Wheeler REIT, L.P. and Wheeler Real Estate Investment Trust, Inc. Wheeler REIT, L.P.
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius Yes Unsecured Bedrock Detroit Rock Backer LLC
7 Loan 10, 21, 22, 27 1 Gateway Plaza Yes Mezzanine (Max Combined LTV of 51.9%; Min Combined DSCR of 2.32x; Min Combined Debt Yield of 16.57%; Intercreditor Agreement is required) Northridge Capital, LLC and Qatar First Bank Northridge Capital, LLC and NCA Holdings, LLC
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building No NAP Angus McCarthy and Michael Moritz Angus McCarthy and Michael Moritz
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I No NAP New Mountain Net Lease Partners Corporation and New Mountain Net Lease Corporation New Mountain Net Lease Partners Corporation and New Mountain Net Lease Corporation
9.01 Property   1 2912 3rd Avenue North        
9.02 Property   1 85 Sidney Phillips Drive        
9.03 Property   1 2609 Clinton Avenue West        
9.04 Property   1 1130 Lincoln Road        
9.05 Property   1 3015 10th Avenue        
9.06 Property   1 320 North 3rd Street        
9.07 Property   1 458 Bic Road        
9.08 Property   1 1732 Creighton Avenue Southeast        
9.09 Property   1 437 South Noble Street        
9.10 Property   1 4211 North Jackson Highway        
9.11 Property   1 2609 Decatur Highway        
9.12 Property   1 125 Hollywood Boulevard Northeast        
9.13 Property   1 7 Armstrong Street Northwest        
9.14 Property   1 1212 Webster Avenue        
9.15 Property   1 4025 North Palafox Street        
9.16 Property   1 2310 Frederick Road        
9.17 Property   1 501 & 503 Railroad Avenue        
9.18 Property   1 20762 Brinks Willis Road        
9.19 Property   1 2201-C Highway 31 South        
9.20 Property   1 1112 US Highway 31 South        
9.21 Property   1 1916 11th Avenue North        
9.22 Property   1 1715 Main Avenue Southwest        
9.23 Property   1 9715 Milton Jones Road        
9.24 Property   1 710 Oakhill Road        
10 Loan   5 Keylock Storage Portfolio II No NAP Austin J. Osborne and Ronald L. Osborne Austin J. Osborne and Ronald L. Osborne
10.01 Property   1 Keylock Storage - Middleton        
10.02 Property   1 Keylock Storage - Hayden        
10.03 Property   1 Keylock Storage - Apple        
10.04 Property   1 Keylock Storage - Nampa        
10.05 Property   1 Keylock Storage - Pasco        
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II No NAP New Mountain Net Lease Partners Corporation and New Mountain Net Lease Corporation New Mountain Net Lease Partners Corporation and New Mountain Net Lease Corporation
11.01 Property   1 1919 Superior Street        
11.02 Property   1 11170 Green Valley Drive        
11.03 Property   1 2030 Old Candler Road        
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place No NAP Jenel Management David Dushey
13 Loan   3 Amsdell Southern Storage Portfolio No NAP Amsdell Group, LLC Todd C. Amsdell
13.01 Property   1 Compass Self Storage - Fate        
13.02 Property   1 Compass Self Storage - Mansfield        
13.03 Property   1 Compass Self Storage - Leesburg        
14 Loan   1 7800 Red Road No NAP Robert Oppenheim, Allan Serviansky and Daniel Warman Robert Oppenheim, Allan Serviansky and Daniel Warman
15 Loan 12, 13, 14 2 NC Self Storage Portfolio No NAP Adam Jarrell Brian M. Maginnis
15.01 Property   1 30 Mount Gilead Church Road        
15.02 Property   1 1004 Greensboro Road        
16 Loan 1, 12 1 Covington Center No NAP Ashton Capital Corporation Ashton Capital Corporation
17 Loan 25 3 NMC Industrial Portfolio III No NAP New Mountain Net Lease Partners Corporation New Mountain Net Lease Partners Corporation
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue        
17.02 Property   1 861 Finches Ferry Road        
17.03 Property   1 112 Walker Drive        
18 Loan 14 1 Paloma Village Center No NAP Ken Pressberg and Ari Bass Ken Pressberg and Ari Bass
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North No NAP Christine Park Christine Park
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef No NAP Ara Tavitian Ara Tavitian
21 Loan 13, 21 1 South Park Business Center No NAP Lawrence Kaplan and George Thacker Lawrence Kaplan and George Thacker
22 Loan   1 Chantilly Self Storage No NAP Larry S. Goldberg Larry S. Goldberg
23 Loan 14 2 ABC Self Storage Portfolio No NAP Matthew Ricciardella Crystal View Capital Fund II LLC
23.01 Property   1 ABC Storage        
23.02 Property   1 ABC Easy        
24 Loan 1, 15, 27 2 Florida NNN Portfolio No NAP Louise M. Mancino and Adrian A. Longo Louise M. Mancino and Adrian A. Longo
24.01 Property   1 CVS - South Orange        
24.02 Property   1 Dollar General - Mims        
25 Loan 10, 28 1 Johns Hopkins University No NAP Trombone LLC Trombone LLC
26 Loan 21, 25 1 Walgreens Coney Island Ave No NAP Eugene Flotteron, Jane Kilcullen and Kim Flotteron Eugene Flotteron, Jane Kilcullen and Kim Flotteron
27 Loan 13 1 Village at Thrashers No NAP Mark McDonald Mark McDonald
28 Loan 18 1 Stonington Self Storage No NAP Erik Schafer and Carl Bardy, Jr. Erik Schafer and Carl Bardy, Jr.
29 Loan 29 2 CIG Self Storage Portfolio No NAP Cohen Investment Group Capital LLC Cohen Investment Group Capital LLC
29.01 Property   1 West Valley        
29.02 Property   1 Layton        
30 Loan 13, 14 1 Absolute Self Storage No NAP Matthew Ricciardella Crystal View Capital Fund II LLC
31 Loan 13, 14 1 Wagner Ford Self Storage No NAP Matthew Ricciardella Crystal View Capital Fund II LLC
                 

A-1-17 

 

BMARK 2022-B36: Annex A-1

                           
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Delaware Statutory Trust
(Y/N)		 Tenants-in-common
(Y/N)		 Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal’s New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($)
                29   30      
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue No Yes Recapitalization No 240,000,000 140,421,540 0 0 380,421,540
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers No Yes Refinance   318,000,000 0 396,000,000 0 714,000,000
2.01 Property   1 Yorkshire Towers       No          
2.02 Property   1 Lexington Towers       No          
3 Loan 2, 5, 12 1 39 Broadway No No Refinance No 85,000,000 0 0 0 85,000,000
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore No No Refinance No 60,000,000 0 0 0 60,000,000
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard No No Refinance Yes 60,000,000 34,116 0 0 60,034,116
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius No No Refinance Yes 218,000,000 0 0 0 218,000,000
7 Loan 10, 21, 22, 27 1 Gateway Plaza No No Acquisition No 40,000,000 111,443,371 0 0 151,443,371
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building No No Refinance No 100,000,000 50,000 0 0 100,050,000
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I No No Recapitalization   32,076,375 0 0 0 32,076,375
9.01 Property   1 2912 3rd Avenue North       Yes          
9.02 Property   1 85 Sidney Phillips Drive       No          
9.03 Property   1 2609 Clinton Avenue West       Yes          
9.04 Property   1 1130 Lincoln Road       No          
9.05 Property   1 3015 10th Avenue       Yes          
9.06 Property   1 320 North 3rd Street       No          
9.07 Property   1 458 Bic Road       Yes          
9.08 Property   1 1732 Creighton Avenue Southeast       No          
9.09 Property   1 437 South Noble Street       Yes          
9.10 Property   1 4211 North Jackson Highway       No          
9.11 Property   1 2609 Decatur Highway       Yes          
9.12 Property   1 125 Hollywood Boulevard Northeast       No          
9.13 Property   1 7 Armstrong Street Northwest       Yes          
9.14 Property   1 1212 Webster Avenue       Yes          
9.15 Property   1 4025 North Palafox Street       Yes          
9.16 Property   1 2310 Frederick Road       Yes          
9.17 Property   1 501 & 503 Railroad Avenue       No          
9.18 Property   1 20762 Brinks Willis Road       No          
9.19 Property   1 2201-C Highway 31 South       No          
9.20 Property   1 1112 US Highway 31 South       No          
9.21 Property   1 1916 11th Avenue North       No          
9.22 Property   1 1715 Main Avenue Southwest       Yes          
9.23 Property   1 9715 Milton Jones Road       No          
9.24 Property   1 710 Oakhill Road       No          
10 Loan   5 Keylock Storage Portfolio II No No Refinance   32,000,000 0 0 0 32,000,000
10.01 Property   1 Keylock Storage - Middleton       No          
10.02 Property   1 Keylock Storage - Hayden       No          
10.03 Property   1 Keylock Storage - Apple       No          
10.04 Property   1 Keylock Storage - Nampa       No          
10.05 Property   1 Keylock Storage - Pasco       No          
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II No No Recapitalization   30,187,500 0 0 0 30,187,500
11.01 Property   1 1919 Superior Street       Yes          
11.02 Property   1 11170 Green Valley Drive       No          
11.03 Property   1 2030 Old Candler Road       No          
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place No Yes Acquisition No 28,012,500 15,779,164 0 0 43,791,664
13 Loan   3 Amsdell Southern Storage Portfolio No No Recapitalization   23,500,000 0 0 0 23,500,000
13.01 Property   1 Compass Self Storage - Fate       No          
13.02 Property   1 Compass Self Storage - Mansfield       No          
13.03 Property   1 Compass Self Storage - Leesburg       No          
14 Loan   1 7800 Red Road No No Refinance No 20,000,000 0 0 0 20,000,000
15 Loan 12, 13, 14 2 NC Self Storage Portfolio No No Refinance   16,900,000 0 0 0 16,900,000
15.01 Property   1 30 Mount Gilead Church Road       No          
15.02 Property   1 1004 Greensboro Road       No          
16 Loan 1, 12 1 Covington Center No No Refinance No          
17 Loan 25 3 NMC Industrial Portfolio III No No Recapitalization            
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue       No          
17.02 Property   1 861 Finches Ferry Road       No          
17.03 Property   1 112 Walker Drive       No          
18 Loan 14 1 Paloma Village Center No No Acquisition No          
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North No No Refinance No          
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef No No Refinance No          
21 Loan 13, 21 1 South Park Business Center No No Acquisition No          
22 Loan   1 Chantilly Self Storage No No Refinance No          
23 Loan 14 2 ABC Self Storage Portfolio No No Refinance            
23.01 Property   1 ABC Storage       No          
23.02 Property   1 ABC Easy       No          
24 Loan 1, 15, 27 2 Florida NNN Portfolio No No Acquisition            
24.01 Property   1 CVS - South Orange       No          
24.02 Property   1 Dollar General - Mims       No          
25 Loan 10, 28 1 Johns Hopkins University No No Acquisition No          
26 Loan 21, 25 1 Walgreens Coney Island Ave No No Refinance No          
27 Loan 13 1 Village at Thrashers No No Refinance No          
28 Loan 18 1 Stonington Self Storage No No Refinance No          
29 Loan 29 2 CIG Self Storage Portfolio No Yes Acquisition            
29.01 Property   1 West Valley       Yes          
29.02 Property   1 Layton       No          
30 Loan 13, 14 1 Absolute Self Storage No No Recapitalization No          
31 Loan 13, 14 1 Wagner Ford Self Storage No No Refinance No          
                           

A-1-18 

 

BMARK 2022-B36: Annex A-1

                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($)
                        31    
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue 0 369,000,000 7,605,571 3,815,969 0 0 380,421,540 NAP NAP NAP
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers 545,268,671 0 93,214,219 20,258,785 55,258,325 0 714,000,000 NAP NAP NAP
2.01 Property   1 Yorkshire Towers               NAP NAP NAP
2.02 Property   1 Lexington Towers               NAP NAP NAP
3 Loan 2, 5, 12 1 39 Broadway 79,563,384 0 1,638,423 1,656,282 2,141,911 0 85,000,000 NAP NAP NAP
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore 52,664,080 0 335,091 1,059,037 5,941,792 0 60,000,000 NAP NAP NAP
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard 57,669,090 0 1,272,367 1,092,659 0 0 60,034,116 NAP NAP NAP
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius 187,609,949 0 1,363,413 9,305,766 19,720,871 0 218,000,000 NAP NAP NAP
7 Loan 10, 21, 22, 27 1 Gateway Plaza 0 150,000,000 276,361 1,167,010 0 0 151,443,371 NAP NAP NAP
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building 47,967,606 0 1,389,470 50,692,924 0 0 100,050,000 NAP NAP NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I 0 0 3,595,539 0 28,480,836 0 32,076,375 NAP NAP NAP
9.01 Property   1 2912 3rd Avenue North               NAP NAP NAP
9.02 Property   1 85 Sidney Phillips Drive               NAP NAP NAP
9.03 Property   1 2609 Clinton Avenue West               NAP NAP NAP
9.04 Property   1 1130 Lincoln Road               NAP NAP NAP
9.05 Property   1 3015 10th Avenue               NAP NAP NAP
9.06 Property   1 320 North 3rd Street               NAP NAP NAP
9.07 Property   1 458 Bic Road               NAP NAP NAP
9.08 Property   1 1732 Creighton Avenue Southeast               NAP NAP NAP
9.09 Property   1 437 South Noble Street               NAP NAP NAP
9.10 Property   1 4211 North Jackson Highway               NAP NAP NAP
9.11 Property   1 2609 Decatur Highway               NAP NAP NAP
9.12 Property   1 125 Hollywood Boulevard Northeast               NAP NAP NAP
9.13 Property   1 7 Armstrong Street Northwest               NAP NAP NAP
9.14 Property   1 1212 Webster Avenue               NAP NAP NAP
9.15 Property   1 4025 North Palafox Street               NAP NAP NAP
9.16 Property   1 2310 Frederick Road               NAP NAP NAP
9.17 Property   1 501 & 503 Railroad Avenue               NAP NAP NAP
9.18 Property   1 20762 Brinks Willis Road               NAP NAP NAP
9.19 Property   1 2201-C Highway 31 South               NAP NAP NAP
9.20 Property   1 1112 US Highway 31 South               NAP NAP NAP
9.21 Property   1 1916 11th Avenue North               NAP NAP NAP
9.22 Property   1 1715 Main Avenue Southwest               NAP NAP NAP
9.23 Property   1 9715 Milton Jones Road               NAP NAP NAP
9.24 Property   1 710 Oakhill Road               NAP NAP NAP
10 Loan   5 Keylock Storage Portfolio II 16,498,975 0 833,976 112,139 14,554,909 0 32,000,000 NAP NAP NAP
10.01 Property   1 Keylock Storage - Middleton               NAP NAP NAP
10.02 Property   1 Keylock Storage - Hayden               NAP NAP NAP
10.03 Property   1 Keylock Storage - Apple               NAP NAP NAP
10.04 Property   1 Keylock Storage - Nampa               NAP NAP NAP
10.05 Property   1 Keylock Storage - Pasco               NAP NAP NAP
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II 0 0 3,213,407 0 26,974,093 0 30,187,500 NAP NAP NAP
11.01 Property   1 1919 Superior Street               NAP NAP NAP
11.02 Property   1 11170 Green Valley Drive               NAP NAP NAP
11.03 Property   1 2030 Old Candler Road               NAP NAP NAP
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place 0 41,500,000 651,877 1,639,787 0 0 43,791,664 NAP NAP NAP
13 Loan   3 Amsdell Southern Storage Portfolio 5,729,637 0 539,481 272,790 16,958,092 0 23,500,000 NAP NAP NAP
13.01 Property   1 Compass Self Storage - Fate               NAP NAP NAP
13.02 Property   1 Compass Self Storage - Mansfield               NAP NAP NAP
13.03 Property   1 Compass Self Storage - Leesburg               NAP NAP NAP
14 Loan   1 7800 Red Road 16,585,255 0 831,843 287,171 2,295,731 0 20,000,000 NAP NAP NAP
15 Loan 12, 13, 14 2 NC Self Storage Portfolio 11,516,613 0 317,236 74,144 4,992,008 0 16,900,000 NAP NAP NAP
15.01 Property   1 30 Mount Gilead Church Road               NAP NAP NAP
15.02 Property   1 1004 Greensboro Road               NAP NAP NAP
16 Loan 1, 12 1 Covington Center               NAP NAP NAP
17 Loan 25 3 NMC Industrial Portfolio III               NAP NAP NAP
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue               NAP NAP NAP
17.02 Property   1 861 Finches Ferry Road               NAP NAP NAP
17.03 Property   1 112 Walker Drive               NAP NAP NAP
18 Loan 14 1 Paloma Village Center               NAP NAP NAP
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North               7/31/2036 126.45 91.47
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef               NAP NAP NAP
21 Loan 13, 21 1 South Park Business Center               NAP NAP NAP
22 Loan   1 Chantilly Self Storage               NAP NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio               NAP NAP NAP
23.01 Property   1 ABC Storage               NAP NAP NAP
23.02 Property   1 ABC Easy               NAP NAP NAP
24 Loan 1, 15, 27 2 Florida NNN Portfolio               NAP NAP NAP
24.01 Property   1 CVS - South Orange               NAP NAP NAP
24.02 Property   1 Dollar General - Mims               NAP NAP NAP
25 Loan 10, 28 1 Johns Hopkins University               NAP NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave               NAP NAP NAP
27 Loan 13 1 Village at Thrashers               NAP NAP NAP
28 Loan 18 1 Stonington Self Storage               NAP NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio               NAP NAP NAP
29.01 Property   1 West Valley               NAP NAP NAP
29.02 Property   1 Layton               NAP NAP NAP
30 Loan 13, 14 1 Absolute Self Storage               NAP NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage               NAP NAP NAP
                             

A-1-19 

 

BMARK 2022-B36: Annex A-1

                             
Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                             
1 Loan 1, 5, 12, 19, 20, 21 1 79 Fifth Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 1, 2, 5, 12, 13, 15, 17, 23, 24, 25, 27 2 Yorkshire & Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2.01 Property   1 Yorkshire Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2.02 Property   1 Lexington Towers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 2, 5, 12 1 39 Broadway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 13, 18, 21, 27 1 935 & 953 Sycamore NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 2, 3, 18, 19 1 JANAF Shopping Yard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 1, 2, 5, 12, 15, 19, 21, 22, 26, 27 1 One Campus Martius NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 10, 21, 22, 27 1 Gateway Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 5, 14, 18, 21, 23, 24 1 The Lion Building NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 18, 25, 29 24 NMC Industrial Portfolio I NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.01 Property   1 2912 3rd Avenue North NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.02 Property   1 85 Sidney Phillips Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.03 Property   1 2609 Clinton Avenue West NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.04 Property   1 1130 Lincoln Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.05 Property   1 3015 10th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.06 Property   1 320 North 3rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.07 Property   1 458 Bic Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.08 Property   1 1732 Creighton Avenue Southeast NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.09 Property   1 437 South Noble Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.10 Property   1 4211 North Jackson Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.11 Property   1 2609 Decatur Highway NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.12 Property   1 125 Hollywood Boulevard Northeast NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.13 Property   1 7 Armstrong Street Northwest NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.14 Property   1 1212 Webster Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.15 Property   1 4025 North Palafox Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.16 Property   1 2310 Frederick Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.17 Property   1 501 & 503 Railroad Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.18 Property   1 20762 Brinks Willis Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.19 Property   1 2201-C Highway 31 South NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.20 Property   1 1112 US Highway 31 South NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.21 Property   1 1916 11th Avenue North NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.22 Property   1 1715 Main Avenue Southwest NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.23 Property   1 9715 Milton Jones Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.24 Property   1 710 Oakhill Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan   5 Keylock Storage Portfolio II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 Keylock Storage - Middleton NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Keylock Storage - Hayden NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.03 Property   1 Keylock Storage - Apple NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.04 Property   1 Keylock Storage - Nampa NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.05 Property   1 Keylock Storage - Pasco NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 22, 25, 29 3 NMC Industrial Portfolio II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.01 Property   1 1919 Superior Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.02 Property   1 11170 Green Valley Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11.03 Property   1 2030 Old Candler Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 3, 13, 17, 23, 24, 27 1 Lincoln Place NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   3 Amsdell Southern Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.01 Property   1 Compass Self Storage - Fate NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 Compass Self Storage - Mansfield NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13.03 Property   1 Compass Self Storage - Leesburg NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan   1 7800 Red Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 12, 13, 14 2 NC Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.01 Property   1 30 Mount Gilead Church Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15.02 Property   1 1004 Greensboro Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 1, 12 1 Covington Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 25 3 NMC Industrial Portfolio III NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17.01 Property   1 4001, 4161 & 4171 East 7th Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17.02 Property   1 861 Finches Ferry Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17.03 Property   1 112 Walker Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 14 1 Paloma Village Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 13, 18, 24, 25, 27 1 Embassy Suites Orlando North 72.3% 130.21 79.74 61.2% 117.37 64.91 55.3% 115.37 45.77 39.7%
20 Loan 2, 5, 13, 14, 18, 21 1 The Reef NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 13, 21 1 South Park Business Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Chantilly Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 14 2 ABC Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.01 Property   1 ABC Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.02 Property   1 ABC Easy NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 1, 15, 27 2 Florida NNN Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.01 Property   1 CVS - South Orange NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24.02 Property   1 Dollar General - Mims NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 10, 28 1 Johns Hopkins University NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 21, 25 1 Walgreens Coney Island Ave NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 13 1 Village at Thrashers NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 18 1 Stonington Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 29 2 CIG Self Storage Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.01 Property   1 West Valley NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.02 Property   1 Layton NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 13, 14 1 Absolute Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 13, 14 1 Wagner Ford Self Storage NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
                             

A-1-20 

 

Footnotes to Annex A-1

 

(1)“JPMCB” denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; “GACC” denotes German American Capital Corporation or one of its affiliates, as Mortgage Loan Seller; “CREFI” denotes Citi Real Estate Funding Inc. or one of its affiliates, as Mortgage Loan Seller; and “GSMC” denotes Goldman Sachs Mortgage Company, or one of its affiliates, as Mortgage Loan Seller.

With respect to Loan No. 1, 79 Fifth Avenue, the mortgage loan is part of a whole loan that was co-originated by JPMCB, CREFI and Wells Fargo Bank, N.A.

With respect to Loan No. 2, Yorkshire & Lexington Towers, the mortgage loan is part of a whole loan that was co-originated by Bank of Montreal, CREFI and Starwood Mortgage Capital LLC.

With respect to Loan No. 6, One Campus Martius, the mortgage loan is part of a whole loan that was co-originated by JPMCB and Morgan Stanley Bank, N.A.

With respect to Loan No. 16, Covington Center, for which GACC is the mortgage loan seller, the mortgage loan was originated by BSPRT CMBS Finance, LLC, an unaffiliated third-party.

With respect to Loan No. 24, Florida NNN Portfolio, for which GACC is the mortgage loan seller, the mortgage loan was originated by Ladder Capital Finance LLC, an unaffiliated third-party.

 

(2)With respect to Loan No. 2, Yorkshire & Lexington Towers, the portfolio consists of two mortgaged properties comprised of 808 residential units totaling 730,829 square feet, 204 parking spaces totaling 41,886 square feet, six commercial and retail units totaling 29,451 square feet at the Yorkshire Towers building, and six commercial and retail units totaling 9,998 square feet at the Lexington Towers building. Of the 808 units, 305 of the units are rent stabilized. The Yorkshire Towers building has 681 residential units, and six commercial and retail units totaling 645,092 square feet, and the Lexington Towers building has 127 residential units and six commercial units totaling 125,186 square feet. There is 81,335 square feet of commercial and retail space not presented in Number of Units. Current Occupancy reflects the occupancy of the multifamily component of the mortgaged property. The commercial and retail space is 98.6% leased as of March 1, 2022.

With respect to Loan No. 3, 39 Broadway, the mortgaged property is comprised of 430,420 square feet of office space (95.5% of NRA), 19,501 square feet of retail space (4.3% of NRA) and 662 square feet of storage space (0.1% of NRA).

With respect to Loan No. 5, JANAF Shopping Yard, the mortgaged property is comprised of 780,003 square feet of retail space and 62,213 square feet of office space.

With respect to Loan No. 6, One Campus Martius, the mortgaged property is a 1,356,325 square-foot office building which includes retail tenant leases representing approximately 3.0% of net rentable area and 2.8% of UW In-Place Rent at the mortgaged property.

With respect to Loan No. 20, The Reef, approximately 40.2% of the underwritten effective gross income is from an approximately 41,000 square foot LED (light emitting diode) billboard (the “LED Signage”) atop the related mortgaged property. The LED Signage is leased to New Tradition Outdoor LLC, an advertising operator, with a monthly license fee equal to the greater of (i) a minimum license fee and (ii) 75% of the net revenue actually received by the licensee during the immediately preceding month (the “Profit Share Fee”). The minimum license fee is $228,094 per month ($2,737,122 annually) for the current license year (February 2022 through January 2023), and increases by 3.0% each year thereafter during the term of the license. The underwritten income from the LED Signage is $10,745,265 (which is underwritten based on the estimated Profit Share Fee for the trailing twelve months ending April 2022, which was greater than the minimum license fee during such months). There can be no assurance as to what the amount of the Profit Share Fee will be during future periods. The “as is” appraised value of the mortgaged property including the LED Signage is $349,000,000 and excluding the LED Signage is $185,000,000.

 

(3)Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property.

With respect to Loan No. 5, JANAF Shopping Yard, a portion of the JANAF Shopping Yard Loan is encumbered by six ground leases. Five of the ground leases, for parcels GL-1A, GL-1B, GL-2, GL-3, GL-5, GL-6, GL-7, and Lot 20

 

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 of the JANAF Shopping Yard Property, are leased from The American Heart Association, Inc., d/b/a The American Heart Association, Inc. Mid-Atlantic Affiliate, as ground lessor to the respective borrowers as ground lessees. The sixth ground lease, the office ground lease, is leased from one borrower (WHLR-JANAF, LLC), as landlord, to another borrower (WHLR-JANAF-OFFICE, LLC), as tenant.

With respect to Loan No. 12, Lincoln Place, the Largest Tenant, Kohl’s, owns its improvements but not the underlying land, which is ground leased from the borrower to the tenant.

 

(4)For Mortgage Loans secured by multiple mortgaged properties, each Mortgage Loan’s Original Balance ($), Current Balance ($), and Maturity/ARD Balance ($) are allocated to the respective Mortgaged Property based on the Mortgage Loan’s documentation, or if no such allocation is provided in the Mortgage Loan documentation, the Mortgage Loan seller’s determination of the appropriate allocation.

 

(5)With respect to Loan No. 1, 2, 3, 6, 8 and 20, 79 Fifth Avenue, Yorkshire & Lexington Towers, 39 Broadway, One Campus Martius, The Lion Building and The Reef, the mortgage loan is part of a larger split whole loan, which consists of the mortgage loan and one or more pari passu and/or subordinate components. Please see “Description of the Mortgage Pool—The Whole Loans” for additional information.

 

(6)For each Mortgage Loan, the Net Mortgage Rate % is equal to the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator Fee Rate), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).

 

(7)For the Mortgage Loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, Monthly Debt Service (IO) ($) were calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360. For Monthly Debt Service (P&I), Interest Only, Amortizing Balloon loans were calculated based on the amortizing loan payments as of the Cut-off Date.

 

(8)The Monthly Debt Service (P&I) and Annual Debt Service (P&I) ($) shown for the Mortgage Loans with a partial interest-only period reflect the amount payable after the expiration of the interest-only period.

 

(9)With respect to all Mortgage Loans, Annual Debt Service (P&I) ($) and Annual Debt Service (IO) ($) are calculated by multiplying the Monthly Debt Service (P&I) ($) and Monthly Debt Service (IO), respectively, ($) by 12. Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) is calculated based on amortizing debt service payments (except for interest-only loans).

 

(10)In some instances in which the loan documents provide grace periods with respect to payments, such grace periods may be permitted a limited number of times per any 12-month periods.

With respect to Loan No. 7, Gateway Plaza, as it relates to the Grace Period - Late Fee (Days), the mortgage loan documents provide the borrower with one, five-day grace period in any 12-month period on the imposition of a late fee for any payments due on a payment date (other than the payment due on the Maturity Date).

With respect to Loan No. 7, Gateway Plaza, as it relates to the Grace Period - Default Fee (Days), the mortgage loan documents provide the borrower with one, five-day grace period during the term of the mortgage loan for any payments due on a payment date (other than the payment due on the Maturity Date).

With respect to Loan No. 25, Johns Hopkins University, as it relates to the Grace Period - Late Fee (Days), the mortgage loan documents provide the borrower with one, five-day grace period in any 12-month period on the imposition of a late fee for any payments due on a payment date (other than the payment due on the Maturity Date).

 

(11)The open period is inclusive of the Maturity Date or Anticipated Repayment Date.

 

(12)The “L” component of the prepayment provision represents lockout payments. The “D” component of the prepayment provision represents defeasance payments. The “YM” component of the prepayment provision represents yield maintenance payments. The “O” Component of the prepayment provision represents the free payments including the Maturity Date.

 

A-1-22 

 

 

 In the case of certain Mortgage Loans, the loan documents permit the related borrower to prepay a portion of the Mortgage Loan in connection with partial releases of collateral, to cure a cash management period triggered by certain events or circumstances or to meet certain financial metrics contained in the related loan documents.

With respect to Loan No. 1, 79 Fifth Avenue, the lockout period will be at least 27 payment dates beginning with and including the first payment date in June 2022. Defeasance of the 79 Fifth Avenue whole loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) April 29, 2026. The assumed defeasance lockout period of 27 payment dates is based on the expected Benchmark 2022-B36 securitization closing date in August 2022. The actual lockout period may be longer.

With respect to Loan No. 2, Yorkshire & Lexington Towers, the lockout period will be at least 26 payment dates beginning with and including the first payment date in July 2022. Defeasance of the Yorkshire & Lexington Towers whole loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) July 6, 2025. The assumed defeasance lockout period of 26 payment dates is based on the expected Benchmark 2022-B36 securitization closing date in August 2022. The actual lockout period may be longer.

With respect to Loan No. 3, 39 Broadway, the lockout period will be at least 24 payment dates beginning with and including the first payment date in September 2022. Defeasance of the 39 Broadway whole loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) July 7, 2026. The assumed defeasance lockout period of 24 payment dates is based on the expected Benchmark 2022-B36 securitization closing date in August 2022. The actual lockout period may be longer.

With respect to Loan No. 6, One Campus Martius, the lockout period for the related whole loan will be at least 25 payment dates beginning with and including the first payment date on August 1, 2022. The whole loan may be (a) defeased in whole after the date that is two years from the closing date of the securitization that includes the last note to be securitized (the “Permitted Defeasance Date”) or (b) if the Permitted Defeasance Date has not occurred by August 1, 2025, prepaid in whole with the payment of a yield maintenance premium. The assumed lockout period of 25 months is based on the expected closing date of the Benchmark 2022-B36 securitization in August 2022. The actual lockout period may be longer.

 

 With respect to Loan No. 15, NC Self Storage Portfolio, provided that no event of default is continuing under the related mortgage loan documents, at any time after the date that is two years after the Closing Date, the borrower may deliver defeasance collateral and obtain release of any individual mortgaged property from the lien of the applicable mortgage upon the satisfaction of the following conditions, among others, (i) such release is in connection with an arm’s length sale to an unaffiliated third party, (ii) the defeasance collateral is in an amount equal to the greater of (a) 100% of the net sales proceeds with respect to such individual mortgaged property and (b) 115% of the allocated loan amount for such individual mortgaged property, (iii) after giving effect to such release, (a) the debt service coverage ratio for the remaining mortgaged property is no less than the greater of (1) the debt service coverage ratio immediately preceding such release and (2) 1.57x, and (b) the loan-to-value ratio for the remaining mortgaged property is no more than the lesser of (1) the loan-to-value ratio immediately preceding such release and (2) 53.8%, and (iv) satisfaction of customary REMIC requirements.

With respect to Loan No. 16, Covington Center, the borrower may obtain the release of any of two unimproved parcels of land (each a “Release Property” and collectively the “Excess Development Land”) from the lien of the related Mortgage Loan, provided that, among other conditions: (i) no cash sweep period exists at the time of the release; (ii) at least thirty 30 days prior to the effective date of any such proposed release, the borrower delivers to the lender a recorded resubdivision plan of the Excess Development Land and the unreleased portion of the mortgaged property and an updated survey of the mortgaged property; (iii) the borrower delivers evidence reasonably satisfactory to the lender that (a) after the subdivision of the Excess Development Land, the balance of the mortgaged property will comply with all federal, state and local environmental, land use and zoning laws, (b) any applicable notices have been given and consents obtained in connection with the proposed resubdivision of the Excess Development Land, (c) the applicable Release Property and the unreleased portion of the mortgaged property will each ultimately be assessed as a separate tax parcel with respect to all property taxes and assessments, and (d) access to the remainder of the mortgaged property following such resubdivision to any previously dedicated streets and utilities will not be impaired and the construction of any future improvements on the applicable Release Property will not materially impair the use of the remainder of the mortgaged property; (iv) the lender is provided complete information with respect to the proposed parking arrangement for the unreleased portion of the mortgaged property both immediately following the release and thereafter, which such proposed

 

A-1-23 

 

 

 parking arrangement the lender reasonably determines is legally adequate for the remainder of the mortgaged property; (v) solely to the extent the existing REAs are reasonably determined by the lender to be insufficient, the borrower encumbers the applicable Release Property with an additional recorded development or similar agreement reasonably satisfactory to the lender covering such matters as mutual parking and access, maintenance, shared utilities, drainage and other similar issues and containing appropriate restrictions on the type, construction, location, height and use of any improvements then existing or thereafter to be constructed on the applicable Release Property; (vi) the borrower delivers a REMIC opinion; (vii) after giving effect to such release, (a) the loan to value ratio for the remaining mortgaged property is less than 53%, (b) the debt yield for the remaining mortgaged property is not less than 11.5% and (c) the debt service coverage ratio is not less than 2.00x; and (viii) satisfaction of customary REMIC requirements.

 

(13)In the case of certain mortgage loans, the Underwritten Net Operating Income ($) exceeds Most Recent NOI ($) by 10%.

With respect to Loan No. 2, Yorkshire & Lexington Towers, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is in part due to (i) the loan sponsors recently renovating 57 units, which has increased rents at the mortgaged properties and (ii) underwritten straight-lined rent for CVS Pharmacy. Additionally, the UW NOI and UW NCF include disbursements from a supplemental income reserve of $5,226,004.

With respect to Loan No. 4, 935 & 953 Sycamore, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to contractual increases in base rent and rent steps.

With respect to Loan No. 12, Lincoln Place, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by contractual rent steps taken through February 1, 2023, straight-line average rent over the lease term for Marshall’s due to its investment grade rating and potential income from vacant space.

With respect to Loan No. 15, NC Self Storage Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the addition of new units – the sponsor added 136 new units between 2020 and 2021.

With respect to Loan No. 19, Embassy Suites Orlando North, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is primarily driven by, among other factors, prior COVID-19 related disruptions and underwritten figures benchmarked to 2019 financials.

With respect to Loan No. 20, The Reef, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to increased income from the LED Signage, and is also driven by underwriting of the County of LA Expansion Space.

With respect to Loan No. 21, South Park Business Center, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is in part due to (i) two newly signed leases at the South Park Business Center mortgaged properties which have increased the base rent and (ii) the borrower prefunding $286,982 into a deferred maintenance reserve at closing.

With respect to Loan No. 27, Village at Thrashers, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to contractual increases in base rent.

 

 With respect to Loan No. 30, Absolute Self Storage, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to increased leasing of units and RV income over the last 12 months.

With respect to Loan No. 31, Wagner Ford Self Storage, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the sponsor increasing rental rates and adding two self-storage buildings that increased the total unit count by 70 in July 2021.

 

(14)In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy. Underwritten EGI ($), Underwritten Net Operating Income ($), and Underwritten Net Cash Flow ($) are generally calculated by the Mortgage Loan Seller in accordance with its underwriting guidelines. Underwritten Net Operating Income ($) and Underwritten Net Cash Flow ($) may include contractual or market rent escalations and, in the case of certain tenants, may be based on the average rent paid by the tenant through either the term of the related lease or the

 

A-1-24 

 

 

 Mortgage Loan. Please see “Description of the Mortgage Pool—Certain Calculations and Definitions” for additional information.

With respect to Loan No. 8, The Lion Building, there is a $31,000,000 holdback reserve in connection with the initial tenant improvement work under the Embark lease (the “Embark Lease”). The funds, less the amount of free rent equal to $2,321,111 (which amount may be increased by the amount of rent abatement provided in connection with delayed delivery of the premises) under the Embark Lease, will be released upon satisfaction of the Embark Holdback Conditions (as defined below), so long as such conditions are satisfied within three (3) years after the origination date (such third anniversary, the “Embark Date”). The Embark holdback conditions (the “Embark Holdback Conditions”) include, without limitation, delivery by the borrower to the lender of (i) evidence reasonably satisfactory to the lender that all initial tenant improvements have been completed in accordance with the terms of the Embark Lease, (ii) copies of appropriate final lien waivers or other evidence satisfactory to the lender of payment for the work, to the extent not previously delivered to the lender, and (iii) a current tenant estoppel certificate from Embark, which confirms, at a minimum, (a) Embark has accepted possession of the premises, is in occupancy and open for business, (b) Embark has actually commenced paying full, unabated rent (excluding any free rent reserved), (c) the Embark Lease is in full force and effect and there are no defaults thereunder and (d) the rent commencement date for the Embark Lease. If the borrower sponsor fails to deliver the leased premises and rent has not commenced by the Embark Date, the borrower has the right (but not obligation) to defease the loan in an amount equal to the economic holdback funds. The second-floor space for Embark is finished. Rent is expected to commence upon substantial completion and delivery of the ground floor/mezzanine space (anticipated in August 2022).

With respect to Loan No. 8, The Lion Building, IDEO moved into the first phase space (the “First Phase Space”) that is comprised of the 2nd floor, 10,000 square feet of the 3rd floor, the 4th floor, and the roof deck) on April 18, 2022 and the IDEO lease commenced on the same date with no termination options. Rent for the First Phase Space also commenced on April 18, 2022. IDEO has agreed to a firm rent commencement date of January 1, 2023 for the second phase space (the “Second Phase Space”) in the executed second amendment to lease. The Second Phase Space, which is comprised of 34,409 square feet of the 3rd floor, can be occupied immediately. There are no termination options tied to the Second Phase Space. As of the origination date, a reserve in the amount of $1,264,530.75 for the IDEO gap rent in anticipation of the delivery of the Second Phase Space and rent commencement occurring in January 2023 was reserved.

With respect to Loan Nos. 15, 23, 30 and 31, NC Self Storage Portfolio, ABC Self Storage Portfolio, Absolute Self Storage, and Wagner Ford Self Storage, RV/Parking spaces are not included in unit count or occupancy calculations.

 

 With respect to Loan No. 18, Paloma Village Center, one tenant, Posto Sano Foods (4.8% of NRA at the related mortgaged property), is dark, but still paying rent and CAM reimbursements.

With respect to Loan No. 20, The Reef, the Largest Tenant, the County of Los Angeles-Dept. of Children & Family Services (the “County of LA”) currently leases 204,484 square feet at the mortgaged property pursuant to a lease expiring April 30, 2030, which includes the expansion space, which is comprised of the entire 7th floor of the mortgaged property, comprising 62,124 square feet (the “County of LA Expansion Space”). In connection with such expansion, the borrower agreed to perform certain landlord work on both the County of LA Expansion Space and the County of LA’s existing space, and the County of LA agreed to pay a revised rental rate (initially $24.84 per square foot, which is lower than the rent the County of LA was previously paying) and extend the term of the lease for all of its space through April 2030. The extended lease term and adjusted rent became effective as of May 1, 2022. At origination, a $22,000,000 holdback reserve (the “Holdback Reserve”) was deposited with the lender with respect of the County of LA Expansion Space. The lender is required to release such reserve to the borrower upon the borrower delivering to the lender evidence that the following conditions have been satisfied on or prior to November 5, 2022: (A) the related mortgaged property has achieved a debt yield of at least 10.5%, and (B) the County of LA has accepted the County of LA Expansion Space and has executed a commencement date memorandum and estoppel, each in substantially the form provided to the lender prior to the origination date, confirming, among other things, that (1) the County of LA is the tenant under the County of LA lease, (2) the County of LA has accepted possession of the County of LA Expansion Space, (3) the County of LA lease expiration date is no sooner than March 31, 2030 (subject to the early termination right described in footnote (21) below), (4) the Basic Rent (as defined in the County of LA lease) is no less than approximately $423,282 for the first 12 months following the acceptance of the County of LA Expansion Space, (5) the total amount of the premises demised under the County of LA lease is 204,484 square feet, (6) to the knowledge of the County of LA, the County of LA has not given borrower written notice of a material default under the County of LA lease which has not been cured, and (7) the County of LA is not entitled to any credit against any rent or other charge or rent concession under the County

 

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 of LA lease except as set forth in the County of LA lease, and all contributions required to be paid by the borrower as of the date of the County of LA estoppel have been paid in full and all of borrower’s obligations with respect to tenant improvements have been fully performed. In the event that the foregoing conditions are not satisfied by November 5, 2022, the lender is permitted to continue to hold the $22,000,000 holdback reserve as additional collateral through the maturity date of the related Whole Loan. Subsequent to origination, the County of LA has accepted the County of LA Expansion Space and has executed and delivered an estoppel to the lender. As a result, the borrower is anticipated to make a request to the servicer that the holdback reserve fund be released to the borrower.

With respect to Loan No. 20, The Reef, the property consists of a mix of approximately 33.6% office space, 45.6% retail/showroom space, 18.2% event space, 1.8% storage space, and approximately 0.1% retail/café space. In addition, tenants representing approximately 15.5% of NRA and 9.3% of UW Base Rent have leases that expire in 2022.

 

 With respect to Loan No. 20, The Reef, the Second Largest Tenant, Maker City LA, LLC, the Third Largest Tenant, Shipfront LLC, and the Fifth Largest Tenant, PHR LA Mart, LLC, which collectively lease approximately 29.4% of the NRA at the related mortgaged property, are affiliates of the borrower. In addition, according to the appraisal, there are various smaller showroom and storage spaces leased to entities in which the borrower sponsor has an equity interest, resulting in approximately 37.0% of the net rentable square footage being leased to affiliated tenants.

 

(15)With respect to Loan No. 2, Yorkshire & Lexington Towers, as of March 1, 2022, 305 of the 808 units at the mortgaged properties are rent stabilized, and the remaining 503 at the mortgaged properties are rented at fair market value.

With respect to Loan No. 6, One Campus Martius, in connection with the creation by the State of Michigan of a plan to enable the revitalization of certain brownfield properties, and the related developments of four projects located in the City of Detroit (the “Transformational Project Sites”), including the expansion of the mortgaged property which was completed in 2020, Bedrock Management Services, LLC, a sponsor affiliate, as the developer (the “Developer”), entered into a reimbursement agreement (the “Reimbursement Agreement”) with the City of Detroit Brownfield Redevelopment Authority, the Michigan Strategic Fund and the Michigan Department of Treasury. The Reimbursement Agreement entitles the Developer to receive reimbursements for a certain portion of the cost of the developments of the Transformational Project Sites from certain tax revenues as well as sales and use tax exemptions. The lender did not underwrite any of the benefits afforded to the sponsor affiliate pursuant to the Reimbursement Agreement. See “Description of the Mortgage Pool – Real Estate and Other Tax Considerations” in the Prospectus for additional information.

With respect to Loan No. 24, Florida NNN Portfolio, the CVS lease is structured with a 36-month rent holiday during the last three years of the lease, commencing in February 2032. At origination, $230,000 was reserved in a CVS Rent Abatement Reserve to cover a portion of the free rent period during the last three years of the lease term.

 

(16)Except for the Mortgage Loan listed below, the Underwritten NOI DSCR (x) and Underwritten NCF DSCR (x) for all partial interest-only Mortgage Loans were calculated based on the first principal and interest payment after the Note Date during the term of the Mortgage Loan.

 

(17)The Underwritten NOI DSCR (x) and Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the Note Date during the term of the mortgage loan.

With respect to Loan No. 2, Yorkshire & Lexington Towers, the Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) were calculated based on the UW NOI and UW NCF including disbursements of $5,226,004 from a supplemental income reserve.

With respect to Loan No. 12, Lincoln Place, the Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%) were calculated based on the UW NOI and UW NCF including annualized disbursements of $375,000 from a rent replacement reserve. See Footnote 23 herein for additional information.

 

(18)With respect to all Mortgage Loans, with the exceptions of the Mortgage Loans listed below, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the “as-is” Appraisal Value ($) even though, for certain Mortgage Loans, the appraiser provided “as-stabilized” values based on certain criteria being met.

 

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 With respect to Loan No. 4, 935 & 953 Sycamore, the Appraised Value is the “As-Complete/Upon Lease Commencement” appraised value of $117,000,000 as of February 1, 2023 which assumes that the contractual TI/LC obligations have been fulfilled and there is no outstanding free rent. At origination, all outstanding TI/LCs and Free/Gap Rent in amount of $165,500 was held back in a lender reserved account. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity (%) calculated based on the “as-is” appraised value of $114,000,000, as of July 7, 2022, are both 52.6%.

With respect to Loan No. 5, JANAF Shopping Yard, the Appraised Value reflects the “As Is” Appraised value of $106,400,000, effective as of May 2, 2022, which excludes an approximately 25,000 square foot, three-story improved portion of the JANAF Shopping Yard Mortgaged Property known as the “Executive Building” along with a small surrounding area of parking and/or access drive for purposes of redevelopment and construction activities. The “As-Is” appraised value (inclusive of such parcel) as of May 2, 2022, is $107,900,000, which results in a Current LTV % of 55.6% and a Maturity LTV % of 55.6%.

With respect to Loan No. 8, The Lion Building, the appraisal concluded an “As Complete & Stabilized” value of $167 million as of October 1, 2022 and an “As-Is No Landlord Obligations” value of $170 million as of March 30, 2022. The As-Complete & Stabilized value reflects contractual free rents being deducted throughout the respective lease term, while the As-Is No Landlord Obligations value assumes no free rents. Given that the subject loan requires full reserves for all outstanding landlord obligations inclusive of free rents, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are both 58.8% based on the As-Is No Landlord Obligations value. Based on the As Complete & Stabilized value, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are both 62.1%.

With respect to Loan No. 9, NMC Industrial Portfolio I, the Appraised Value represents the “As Is Portfolio Appraised Value”, which attributes a portfolio premium of 0.8% to the aggregate value of the mortgaged properties as a whole. Based on the sum of the individual appraised values of the mortgaged properties, the Appraised Value would be $55,555,000, which results in a Current LTV % and a Maturity LTV % of 57.7%.

With respect to Loan No. 19, Embassy Suites Orlando North, Appraised Value represents the “Hypothetical Market Value As If-PIP Funded” appraised value of $37,000,000 for the mortgaged property, effective April 14, 2022, which assumes that the renovations required under the related property improvement plan have been funded and completed. At loan origination, the borrower was required to reserve $4,532,250 for renovations required under the related property improvement plan. The “as-is” appraised value for the mortgaged property is $25,300,000, which results in a Current LTV % of 41.9% and a Maturity LTV % of 30.9%. Please see Footnote 24 herein and “Description of the Mortgage Pool—Redevelopment, Renovation and Expansion” in the Preliminary Prospectus for additional information.

 


With respect to Loan No. 20, The Reef, the appraisal for The Reef mortgaged property assumed that (i) the lease for the County of LA Expansion Space took effect in February 2022 and (ii) the lease term for the County of LA's existing space was therefore extended to February 28, 2030. The Cut-off Date LTV Ratio and Maturity Date LTV Ratio set forth in Annex A are therefore also calculated based on such assumptions. The appraisal did not provide a value without such assumptions. As of the date of the prospectus, the County of LA Expansion Space has been accepted, and the lease term for the County of LA’s existing space has been extended to April 30, 2030.

With respect to Loan No. 28, Stonington Self Storage, the appraised value reflects the “As-Completed” appraised value of $12,400,000, effective as of July 5, 2022, which assumes the completion of the proposed improvements in a timely and workmanlike manner. The “As-Is” appraised value as of June 5, 2022, is $12,200,000, which results in a Cut-off Date LTV Ratio of 46.7% and a LTV Ratio at maturity of 46.7%.

  

(19)With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any Mortgaged Property. In some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease.

With respect to Loan No. 1, 79 Fifth Avenue, the Largest Tenant, The New School, subleases a portion of the 18th floor totaling 8,820 SF to Gene Kaufman Architect, P.C., which sublease expires December 31, 2022.

With respect to Loan No. 5, JANAF Shopping Yard, the Largest Tenant, BJ’s Wholesale Club, subleases 147,400 square feet of space pursuant to a sublease agreement that expires on March 23, 2030 from UE Norfolk Property LLC who in turn leases the space from the borrower WHLR-JANAF-BJ’s.

 

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 With respect to Loan No. 6, One Campus Martius, the Largest Tenant, Rocket Mortgage, occupying approximately 570,214 square feet, subleases 29,648 square feet of its space to StockX pursuant to a sublease which expires December 31, 2024.

 

(20)In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date, and may not include smaller spaces with different expiration dates.

With respect to Loan No. 1, 79 Fifth Avenue, the Second Largest Tenant, CapGemini America, Inc. leases 21,500 square feet of space that expires on January 31, 2027, and 43,000 square feet of space that expires on September 30, 2027. CapGemini America, Inc. has a one-time right to terminate its lease with respect to approximately 66.7% of its space effective October 13, 2024 upon 12 months’ prior notice and payment of a termination fee. If CapGemini America, Inc. does not exercise such option, it is entitled to an approximately $250,833 per month rent credit for the two months following the date such termination option would become effective.

  

(21)The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. Certain tenants may have the right to reduce or abate rent or terminate all or a portion of their leased spaces for a breach or violation of co-tenancy provisions in the related leases.

With respect to Loan No. 1, 79 Fifth Avenue, the Second Largest Tenant, CapGemini America, Inc. has a one-time right to terminate its lease with respect to approximately 66.7% of its space effective October 13, 2024 upon 12 months’ prior notice and payment of a termination fee. If CapGemini America, Inc. does not exercise such option, it is entitled to an approximately $250,833 per month rent credit for the two months following the date such termination option would become effective.

With respect to Loan No. 4, 935 & 953 Sycamore, three tenants at the related mortgaged property are in the process of building out their spaces, which are expected to be completed by the end of 2022.

With respect to Loan No. 4, 935 & 953 Sycamore, the Second Largest Tenant, Roc Nation, has a one-time right to terminate its lease effective the end of the 84th month of the lease term with notice between the 69th – 72nd month of the lease term. As a condition to early termination, Roc Nation must pay a termination fee of $1,752,761.82, plus three months of base rent as of the date of termination. The Fourth Largest Tenant, Wix.com, has a one-time right to terminate its lease effective as of the end of the 60th month of the lease term by written notice between the 45th and 48th month of the lease term. As a condition to early termination, Wix.com must pay a termination fee in the amount of $1,264,854.63, plus six months of base rent as of the date of termination. In addition, with respect to the Motor Cars’ space at the property, it is currently being built out and is expected to be delivered by the end of 2022. Motor Cars can only terminate its lease if the space is not delivered by March 2023. The tenant is not currently paying rent and the gap rent has been reserved for upfront.

With respect to Loan No. 6, One Campus Martius, each of the Largest Tenant, Rocket Mortgage, the Third Largest Tenant, Rock Ventures, the Fourth Largest Tenant, Building Amenities Wellness Center LLC, the sixth largest tenant, Building Amenities Daycare LLC, the seventh largest tenant, Toast Entertainment (event space floor), the ninth largest tenant, Building Amenities Cafeteria LLC, and the thirteenth largest tenant who also subleases additional space from Rocket Mortgage, StockX, which collectively lease approximately 58.2% of the net rentable area at the Mortgaged Property, are affiliates of the borrower.

With respect to Loan No. 7, Gateway Plaza, the Largest Tenant, McGuire-Woods LLP, has one remaining contraction option for up to two full floors exercisable on September 1, 2026 with not less than 12 months and not more than 24 months prior written notice and payment of a corresponding $95.89 per rentable square foot fee for any space reduced. McGuire-Woods LLP declined to exercise an earlier termination option on August 17, 2020.

 

 With respect to Loan No. 7, Gateway Plaza, the Fourth Largest Tenant, Mercer (US), Inc., has the right to either (i) terminate its lease or (ii) reduce its space by a minimum of not less than 25%, effective on May 31, 2029 with 12 months’ notice and payment of a fee equal to three months base rent and any unamortized leasing costs.

With respect to Loan No. 8, The Lion Building, Michael Moritz is the chairman of Sequoia Capital which owns 14.6% of the Class A common stock in Embark Trucks. Although Sequoia has a seat on the board of directors for Embark Trucks, it does not control the company. In addition. Embark Trucks is not yet in occupancy and may terminate its lease (1) effective as of the last day of the 6th year of the lease term (which lease term is anticipated to commence in August 2022) upon written notice to the landlord with at least 12 months’, but no more than 18 months’, prior notice, upon payment of a termination fee equal to $10.00 per rentable square foot and (2) if the landlord fails to

 

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 deliver the premises on or before October 7, 2022, Embark Trucks may terminate its lease at any time prior to substantial completion of the work. If the landlord fails to deliver the premises on or before January 7, 2023, Embark Trucks will receive a rent credit equal to 1 day of base rent for each day of delay until the landlord's work is completed. Rent is abated for months 13, 25, and 37. In addition, as to the mezzanine premises portion only, the landlord will provide rental abatement for the initial 36 months of the term of the lease. Free rent will be reserved upon the release of the economic holdback (when Embark takes physical occupancy and commences paying rent for the leased premises, anticipated to be August 2022).

With respect to Loan No. 20, The Reef, the Largest Tenant, the County of LA, has the right to terminate its lease at any time after April 2027 with 180 days’ prior written notice and the payment of a termination fee equal to the unamortized portion of the tenant improvement allowance and change orders amortized at an 7% interest rate, if any (amortized tenant improvements are not included in the underwritten net cash flow).

With respect to Loan No. 21, South Park Business Center, the Third Largest Tenant, Integrated Public Safety Comm, may terminate its lease at any time upon 60 days prior written notice. The Fifth Largest Tenant, Office of Attorney General, has the right to terminate its lease at any time upon 180 days prior written notice to the related landlord and payment of a termination fee equal to the unamortized balance of all lease costs.

 

 With respect to Loan No. 26, Walgreens Coney Island Ave, the mortgaged property consists of the borrower’s fee simple interest in a parcel of land beneath a single-story retail building, which parcel is leased by the borrower, as ground lessor, to Tau NY-NJ, LLC, as ground lessee, pursuant to a ground lease that commenced on August 10, 2009 and expires on June 30, 2049. The ground lessee leases the improvements to a subtenant (“Walgreens”) pursuant to a building lease that is coterminous with the ground lease. The ground lease has a current annual base rent of $592,900, which is scheduled to increase every five years during the term of the mortgage loan by 10.0%. The next rent step occurs in September 2024 to $652,190. Pursuant to the building lease, Walgreens is responsible for making payments equal to the payments due under the ground lease directly to the ground lessor. The ground lessee has the right to terminate the ground lease effective as of the last day of (i) the 240th full calendar month of the ground lease term (August 31, 2029), (ii) the 300th full calendar month of the ground lease term (August 31, 2034), (iii) the 360th full calendar month of the ground lease term (August 31, 2039), and (iv) the 420th full calendar month of the ground lease term (August 31, 2044), in each case by providing notice thereof to the borrower at least six (6) months prior to the date the ground lease shall so expire. Additionally, if a casualty occurs which results in damage to fifteen percent (15%) or more of the building and such casualty occurs after the first day of the 217th full calendar month (September 1, 2027) of the ground lease term, Tau NY-NJ, LLC may cancel the ground lease by notice to the borrower. The term of the Walgreens lease is for the same term as the ground lease, provided, however Walgreens has the right to terminate its lease on each of (i) August 31, 2029, (ii) August 31, 2034, (iii) August 31, 2039, and (iv) August 31, 2044, in each case by providing notice thereof to the borrower and Tau NY-NJ, LLC at least nine (9) months prior to the date the lease shall so expire. If Walgreens terminates its lease, then the ground lease will automatically terminate on the same date as the effective termination date of the Walgreens lease. Additionally, if a casualty occurs which results in damage to fifteen percent (15%) or more of the building and such casualty occurs after September 1, 2027, Walgreens may cancel its lease by notice to the borrower and Tau NY-NJ, LLC. If Walgreens cancels its lease and the damage was insured by Walgreens, Walgreens will provide Tau NY-NJ, LLC with the proceeds of such insurance in the amount required by the Walgreens lease.

 

(22)In the case of certain Mortgage Loans, all or a portion of the Ownership Interest consists of a leasehold interest.

With respect to Loan No. 6, One Campus Martius, the mortgaged property consists of two units in a condominium with a total of two units. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information.

With respect to Loan No. 7, Gateway Plaza, the mortgaged property is subject to two--unit condominium regime comprised of (i) a collateral office building and 201 parking spaces in a 511-space parking garage, representing the mortgaged property, and (ii) the remaining parking spaces, which are not part of the collateral. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” in the Prospectus for additional information.

With respect to Loan No. 11, NMC Industrial Portfolio II, the mortgage loan is secured in part by the borrower’s leasehold interest in an unimproved parcel of land at the 2030 Old Candler Road mortgaged property that is subject to a ground lease that does not contain customary lender protections.

 

(23)Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents.

 

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 With respect to Loan No. 2, Yorkshire & Lexington Towers, the borrowers were required to reserve $5,900,000 at origination for a supplemental income reserve for the projected shortfall between the underwritten net cash flow and the cash flow required to achieve a 5.00% debt yield. The guarantors are required to provide a carry guaranty acceptable to the lender until a debt yield on the total debt of at least 5.0% has been achieved (without taking into account any disbursement of supplemental income reserve funds) for one calendar quarter, provided no event of default then exists. On a quarterly basis after May 2023, if the lender, in its reasonable discretion, determines that additional deposits to the supplemental income reserve are required to achieve a debt yield of 5.0% for the period ending on the 12 month anniversary of the first annual determination of such requirement, the borrower will be required to make such additional deposits to the supplemental income reserve within 15-business days’ notice, which obligation will be guaranteed by the guarantors pursuant to the carry guaranty. Notwithstanding the foregoing, such carry guaranty will be limited to the amounts required to be deposited into the supplemental income reserve on a quarterly basis.

With respect to Loan No. 8, The Lion Building, there is a $31,000,000 holdback reserve in connection with the initial tenant improvement work under the Embark Lease. The funds, less the amount of free rent ($2,321,111) under the Embark Lease, will be released upon satisfaction of the Embark Holdback Conditions, so long as such conditions are satisfied within three (3) years after the loan origination date. The Embark Holdback Conditions are delivery by the borrower to the lender of (i) evidence reasonably satisfactory to the lender that all initial tenant improvements have been completed in accordance with the terms of the Embark Lease, (ii) copies of appropriate final lien waivers or other evidence satisfactory to the lender of payment for the work, to the extent not previously delivered to the lender, and (iii) a current tenant estoppel certificate from Embark, which confirms, at a minimum, (a) Embark has accepted possession of the premises, is in occupancy and open for business, (b) Embark has actually commenced paying full, unabated rent (excluding any free rent reserved), (c) the Embark Lease is in full force and effect and there are no defaults thereunder and (d) the rent commencement date for the Embark Lease. If the borrower sponsor fails to deliver the leased premises and rent has not commenced by the date 36 months after the loan closing, the borrower has the right (but not obligation) to defease the loan in an amount equal to the economic holdback funds. The second-floor space for Embark is finished. Rent is expected to commence upon substantial completion and delivery of the ground floor/mezzanine space (anticipated on August 1, 2022).

 

 With respect to Loan No. 8, The Lion Building, there is no base rent due for the 36th, 48th, 60th, 72nd, 84th, 96th and the final month for IDEO. As of closing, an amount of $5,304,696 was reserved for free rent under the IDEO lease.

With respect to Loan No. 8, The Lion Building, the tenants posted security deposits with the landlord when the leases were signed. The security deposit is $3,089,694 (approximately 10 months of rent) for Embark and $4,631,047 (approximately seven months of rent) for IDEO. The total amount of security deposit is held back in a lender-controlled account at origination. With respect to IDEO’s security deposit, so long as the tenant is not in default, at the end of 60th month of the lease term, the amount of the security deposit will be reduced to $2,778,628.32. With respect to Embark Trucks’ security deposit, so long as there are no defaults continuing, the amount of the security deposit decreases on the anniversary of the lease commencement date each year as follows: (1) second lease year, reduced to an amount equal to nine months’ rent at the first lease year rental rate, (2) third lease year, reduced to an amount equal to eight months’ rent at the first lease year rental rate, (3) fourth lease year, reduced to an amount equal to seven months’ rent at the first lease year rental rate, (4) fifth lease year, reduced to an amount equal to six months’ rent at the first lease year rental rate. The reduction of the security deposit will be via a payment to the tenant in the form of cash or check. In addition, the tenant will have the right, at its option at any time during months 25 to 36 of the lease term, upon 60 days’ notice in advance to the landlord, to deliver to the landlord a letter of credit issued by Silicon Valley Bank in the amount of the cash security deposit, and the landlord will then refund the cash security deposit to the tenant.

With respect to Loan No. 12, Lincoln Place, at loan origination, the related borrowers deposited $750,000 into the Upfront Other Reserve ($) that was paid by the seller of the related mortgaged property in connection with the vacant spaces at the mortgaged property. On each Payment Due Date through and including the Payment Due Date in June 2024, the lender is required under the related mortgage loan documents to disburse $31,250 from the Upfront Other Reserve ($) to the related lockbox account to be further disbursed (x) if no cash sweep period is in effect under the mortgage loan documents, to the borrowers or (y) if a cash sweep period is in effect under the mortgage loan documents, to the related cash management account.

 

(24)Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective

 

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 Mortgage Loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective Mortgage Loan documents.

With respect to Loan No. 2, Yorkshire & Lexington Towers, the lender may require the borrowers to make additional supplemental income reserve deposits if and to the extent the lender determines, in its reasonable discretion on a quarterly basis on and after May 6, 2023, that additional supplemental income reserve deposits are required in order to achieve (when the additional deposit and all other deposits in the supplemental income reserve account are added to net cash flow for the mortgaged properties) a 5.00% transient Total Debt debt yield for the following 12, 9, 6 or 3 months (such applicable 12, 9, 6 or 3- month period depending on the quarter with respect to which such determination by the lender is made). The guarantors provided a related carry guaranty of certain carry costs, including real estate taxes, insurance premiums, debt service and operating expenses, for the period until the mortgaged properties achieve a 5.00% transient debt yield (excluding the amount on deposit in the supplemental income reserve). The obligations of the guarantors under such carry guaranty are limited to the additional supplemental income reserve deposit amount as and when due.

With respect to Loan No. 8, The Lion Building, the borrower may deliver a letter of credit to prevent or stop a lease sweep period in an amount equal to $50 per square foot of the applicable space.

With respect to Loan No. 8, The Lion Building, the capital expenditure reserve is capped at $86,164.00. $130,000 is reserved for sidewalk repairs at closing and after completion of the repairs any remaining funds will count towards the cap.

With respect to Loan No. 8, The Lion Building, $1,500,000.00 and $1,204,315.00, respectively, were reserved for tenant improvements for Embark and IDEO. $472,071.25 and $1,769,745.50, respectively, were reserved for outstanding leasing commissions for Embark and IDEO.

With respect to Loan No. 8, The Lion Building, the Monthly TI/LC Reserve is currently suspended so long as no trigger period is continuing and the IDEO lease and Embark Leases are in full force and effect with all obligations under the leases related to TI/LC satisfied.

With respect to Loan No. 12, Lincoln Place, the borrowers are permitted to deliver a letter of credit in lieu of cash to prevent or cure a cash sweep event caused by the debt service coverage ratio falling below the threshold required to be maintained under the related mortgage loan documents.

 

 With respect to Loan No. 19, Embassy Suites Orlando North, the borrower is required to deposit an amount equal to (a) commencing on August 1, 2022, and on each Payment Due Date through and including March 1, 2024, the sums required of borrower to complete all work described in any property improvement plan required by a franchisor reasonably estimated by lender from time to time to provide for adequate funds to complete the work described in any property improvement plan within the time frames required by the property improvement plan (“PIP Monthly Deposit”) into the FF&E Reserve, and (b) commencing on the Payment Due Date on April 1, 2024, and on each Payment Due Date thereafter, an amount equal to 4.0% of gross income from operations (or such higher amount recommended or required by the related franchise agreement or replacement franchise agreement), for the calendar month that is two months prior to such Payment Due Date into the FF&E Reserve, in addition to the PIP Monthly Deposit. Please see “Description of the Mortgage Pool—Redevelopment, Renovation and Expansion” in the Preliminary Prospectus for additional information.

 

(25)Represents a cap on the amount required to be deposited by the borrower pursuant to the related Mortgage Loan documents. In certain cases, during the term of the Mortgage Loan, the caps may be altered or terminated subject to conditions of the respective Mortgage Loan documents.

With respect to Loan No. 2, Yorkshire & Lexington Towers, the lender may require the borrowers to make additional supplemental income reserve deposits if and to the extent the lender determine, in its reasonable discretion on a quarterly basis on and after May 6, 2023, that additional supplemental income reserve deposits are required in order to achieve (when the additional deposit and all other deposits in the supplemental income reserve account are added to net cash flow for the mortgaged properties) a 5.00% transient Total Debt debt yield for the following 12, 9, 6 or 3 months (such applicable 12, 9, 6 or 3- month period depending on the quarter with respect to which such determination by the lender is made). The guarantors provided a related carry guaranty of certain carry costs, including real estate taxes, insurance premiums, debt service and operating expenses, for the period until the mortgaged properties achieve a 5.00% transient debt yield (excluding the amount on deposit in the supplemental income reserve). The obligations of the guarantors under such carry guaranty are limited to the additional supplemental income reserve deposit amount as and when due.

 

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 With respect to Loan No. 9, NMC Industrial Portfolio I, the Replacement Reserve Cap ($) is equal to the product of (x) $0.30 multiplied by (y) the aggregate number of rentable square feet then contained at the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 606,967.

With respect to Loan No. 9, NMC Industrial Portfolio I, the TI/LC Cap ($) is equal to the product of (x) $1.50 multiplied by (y) the aggregate number of rentable square feet then contained at the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 606,967.

With respect to Loan No. 11, NMC Industrial Portfolio II, the Replacement Reserve Cap ($) is equal to the product of (x) $0.30 multiplied by (y) the aggregate number of rentable square feet then contained at the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 861,600.

With respect to Loan No. 11, NMC Industrial Portfolio II, the TI/LC Cap ($) is equal to the product of (x) $1.50 multiplied by (y) the aggregate number of rentable square feet then contained at the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 861,600.

With respect to Loan No. 17, NMC Industrial Portfolio III, the Replacement Reserve Cap ($) is equal to the product of (x) $0.30 multiplied by (y) the aggregate number of rentable square feet then contained at the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 332,681.

With respect to Loan No. 17, NMC Industrial Portfolio III, the TI/LC Cap ($) is equal to the product of (x) $1.50 multiplied by (y) the aggregate number of rentable square feet then contained at the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 332,681.

 


With respect to Loan No. 19, Embassy Suites Orlando North, the Debt Service Reserve Cap ($) will decrease to $156,318.50 upon the satisfaction of the following conditions: (i) no event of default under the Embassy Suites Orlando North mortgage loan documents has occurred and is continuing, (ii) borrower has not drawn funds from the Debt Service Reserve for six consecutive months after completion of the related property improvement plan, and (iii) the debt service coverage ratio is equal to or greater than 1.20x based on a trailing three month basis. In addition, provided no event of default has occurred and is continuing, if borrower has not drawn funds from the Debt Service Reserve for an additional six consecutive months and the debt service coverage ratio is equal to or greater than 1.70x based on a trailing 12 month basis, the lender will be required (at the borrower’s written request) to release all amounts held in the Debt Service Reserve to the borrower.

With respect to Loan No. 26, Walgreens Coney Island Ave, the TI/LC Cap ($) and Replacement Reserve Caps ($) are equal to 18 times the amount of the monthly deposits.

 

(26)The classification of the lockbox and cash management types is described in the prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details.

With respect to Loan No. 6, One Campus Martius, the whole loan is structured with a hard lockbox for the related mortgaged property other than with respect to the parking garage portion of the mortgaged property, the income from which is not required to be deposited into the lockbox account until the occurrence of a cash sweep event.

 

(27)Refers to (a) debt secured by the Mortgaged Property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Debt—Mezzanine Indebtedness” and “—Other Indebtedness” and “Certain Legal Aspects of the Mortgage Loans” in the Prospectus for information related to Mortgage Loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.

With respect to Loan No. 2, Yorkshire & Lexington Towers, concurrently with the funding of the Yorkshire & Lexington Towers whole loan, Bank of Montreal (“BMO”) and Citigroup Global Markets Realty Corp. (“CGMRC”) co-originated four mezzanine loans, in the total amount of $174,500,000. The mezzanine A loan in the amount of $80,000,000 is secured by the mezzanine A borrower’s interests in the borrowers, as collateral for the mezzanine A loan (the “Mezzanine A Loan”). The Mezzanine A Loan is coterminous with the Yorkshire & Lexington Towers whole loan. The Mezzanine A Loan accrues interest at a rate of 5.80000% per annum and requires interest-only payments until its maturity date. Concurrently with the funding of the Yorkshire & Lexington Towers whole loan, BMO and CGMRC co-originated a mezzanine B loan in the amount of $23,100,000 secured by the mezzanine B borrower’s interests in the borrowers, as collateral for the mezzanine B loan (the “Mezzanine B Loan”). The Mezzanine B Loan is coterminous with the Yorkshire & Lexington Towers whole loan. The Mezzanine B Loan accrues interest at a rate of 7.14000% per annum and requires interest-only payments until its maturity date. Concurrently with the funding of the Yorkshire & Lexington Towers whole loan, BMO and CGMRC, co-originated a mezzanine C loan in the amount of $25,000,000 secured by the mezzanine C borrower’s interests in the borrowers, as collateral for the mezzanine C loan (the “Mezzanine C Loan”). The Mezzanine C Loan is coterminous with the Yorkshire & Lexington Towers whole loan. The Mezzanine C Loan accrues interest at a rate of 8.00000% per annum and requires interest-only payments until its maturity date.

 

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 Concurrently with the funding of the Yorkshire & Lexington Towers whole loan, BMO and CGMRC co-originated a mezzanine D loan in the amount of $46,400,000 secured by the mezzanine D borrower’s interests in the borrowers, as collateral for the mezzanine D loan (the “Mezzanine D Loan”). The Mezzanine D Loan is coterminous with the Yorkshire & Lexington Towers whole loan. The Mezzanine D Loan accrues interest at a rate of 9.46185345% per annum and requires interest-only payments until its maturity date.

With respect to Loan No. 4, 935 & 953 Sycamore, the borrower is permitted to obtain mezzanine financing secured by direct or indirect ownership interests in the borrower subject to certain conditions, including, without limitation: (i) a combined maximum loan to value ratio of 51.3%, inclusive of the additional mezzanine debt, (ii) a debt service coverage ratio at the origination of the mezzanine loan at least equal to 1.40x, inclusive of the additional mezzanine debt, (iii) the mezzanine loan is coterminous with the 935 & 953 Sycamore Loan whole loan; and (iv) an intercreditor agreement reasonably satisfactory to the lender.

 

 With respect to Loan No. 6, One Campus Martius, the mortgage loan documents permit the direct or indirect owners of the borrower (other than any principal) to obtain one or more unsecured loans from affiliates of the borrower, provided each unsecured loan is (a) unsecured, (b) payable only out of excess cash flow from the mortgaged property, (c) subordinate in all respects to the mortgage loan pursuant to a subordination and standstill agreement satisfactory to the lender in its sole discretion, and (d) without a maturity date. The aggregate amount of all unsecured loans that may be entered into without the lender’s consent may not exceed 10.0% of the aggregate unpaid principal amount of all of the mortgage loan at any one time.

With respect to Loan No. 7, Gateway Plaza, the beneficial owners of the borrower are permitted to obtain mezzanine financing (each, a “Gateway Plaza Permitted Mezzanine Loan”) from one or more lenders meeting certain requirements under the related loan documents secured by a pledge of the equity interests in the borrower, provided that, among other conditions: (a) the Gateway Plaza Permitted Mezzanine Loan is in an amount not to exceed an amount that, when added to the mortgage loan will result in (A) a combined loan-to-value ratio of the Mortgaged Property of no more than 51.9%, (B) a combined adjusted debt service coverage ratio (based on the loan documents) of no less than 2.32x, and (C) a combined debt yield of no less than 16.57%; (b) the Gateway Plaza Permitted Mezzanine Loan is secured by an equity pledge encumbering direct and indirect ownership interests in the borrower (and not any collateral securing the Mortgage Loan); (c) to the extent any “balloon” payment is due at the maturity of the Gateway Plaza Permitted Mezzanine Loan, (A) such maturity may not occur prior to the maturity of the mortgage loan and will allow at least two one-year extension options, or (B) any “balloon” payment may be paid following the maturity of the Mortgage without the payment of any prepayment premium or prepayment fee; and (d) the mezzanine lender (i) is not an affiliate of the borrower and (ii) enters into an intercreditor agreement with the lender satisfactory in all respects to the lender in its reasonable discretion and any applicable rating agency. Additionally, such financing will be subject to receipt by the lender of rating agency confirmations from the applicable rating agencies.

With respect to Loan No. 12, Lincoln Place, one of the borrowers, Alneil Jo-Ash LLC, is the debtor to a $2,000,000 reverse 1031 exchange note, in which Jo-Ash Realty Corp., is the creditor. Jo-Ash Realty Corp. entered into subordination and standstill terms with the lender applicable to this note. The reverse 1031 exchange is required to be completed within 180 days of May 25, 2022 (i.e., by November 21, 2022). See “Description of the Mortgage Loans – Additional Debt” in this Prospectus.

With respect to Loan No. 19, Embassy Suites Orlando North, an upstream owner of the related borrower, ESM 2014 TRUST, u/a/d June 16, 2014, has incurred an unsecured loan from Green Hill Presbyterian Church, Inc., in the amount of $16,000,000. See “Description of the Mortgage Loans – Additional Debt” in this Prospectus.

With respect to Loan No. 24, Florida NNN Portfolio, the borrowers acquired the portfolio of mortgaged properties as part of a 1031 exchange following the January 2022 sale of a $13.2 million multifamily portfolio in New York City.

 

(28)In certain cases, the name of the Sponsor and/or Non-Recourse Carveout Guarantor was shortened for spacing purposes or due to the number of parties serving as the Sponsor and/or Non-Recourse Carveout Guarantor. In the case of certain Mortgage Loans, the loan documents permit the borrower to replace the Sponsor and/or Non-Recourse Carveout Guarantor upon satisfaction of certain terms and conditions in the related loan documents.

 

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 With respect to Loan No. 25, Johns Hopkins University, the loan documents do not provide recourse for losses and damages for any breaches of the environmental covenants in the loan documents; provided, however, the related guarantor did enter into a separate environmental indemnity agreement.

 

(29)Property Located Within a Qualified Opportunity Zone (Y/N) reflects mortgaged properties that are located in qualified opportunity zones (“QOZs”) under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any mortgaged properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ.

With respect to Loan No. 9, NMC Industrial Portfolio I, the mortgaged properties 437 South Noble Street Anniston Alabama, 2912 3rd Avenue North Birmingham Alabama, 1212 Webster Avenue, Columbus Georgia, 1715 Main Avenue Southwest Cullman Alabama, 458 Bic Road, Dothan Alabama, 2609 Decatur Highway Gardendale Alabama, 2609 Clinton Avenue, West Huntsville Alabama, 2310 Frederick Road, Opelika Alabama, 4025 North Palafox Street, Pensacola Florida, 7 Armstrong Street Northwest Rome Georgia, and 3015 10th Avenue, Tuscaloosa Alabama are located within a QOZ.

With respect to Loan No. 11, NMC Industrial Portfolio II, the mortgaged property 1919 Superior Street, Elkhart, Indiana is located within a QOZ.

With respect to Loan No. 29, CIG Self Storage Portfolio, the mortgaged property 1656 Whitlock Avenue, West Valley City, Utah is located within a QOZ.

 

(30)If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Sources: Principal's New Cash Contribution ($)” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.

 

(31)With respect to each hotel property, shows the expiration date of the related license agreement, franchise agreement, operating agreement or management agreement. See “Description of the Mortgage Pool—Property Types—Hotel Properties” in the preliminary prospectus for information related to Mortgage Loans secured by hotel properties.

 

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