FWP 1 n1616_anxa1-x6.htm FREE WRITING PROSPECTUS

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Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name % of Initial
Pool Balance
Mortgage
Loan
Originator(1)
Mortgage
Loan Seller(1)
Original
Balance
Cut-off Date
Balance
Maturity/ARD
Balance
Cut-off Date
Balance per SF/
Units/Rooms/Pads
Loan Purpose
Loan 5, 10 1.00 350 Bush Street 9.6%    WFB WFB $100,000,000 $100,000,000 $100,000,000 $477.30 Refinance
Loan 5, 7, 8, 9 2.00 The Alhambra 9.6%    WFB WFB $100,000,000 $100,000,000 $100,000,000 $160.96 Refinance
Loan 5, 9 3.00 Ford Factory 9.1%    BANA BANA $95,000,000 $95,000,000 $95,000,000 $525.23 Acquisition
Loan 5, 11 4.00 Newport Corporate Center 7.1%    WFB; DBNY WFB $73,800,000 $73,800,000 $73,800,000 $164.28 Acquisition
Loan 5 5.00 9201 West Sunset Boulevard 6.7%    MSBNA MSMCH $70,000,000 $70,000,000 $70,000,000 $810.33 Refinance
Loan 5, 9, 12 6.00 Central Tower 6.1%    MSBNA; DBNY MSMCH $63,700,000 $63,700,000 $63,700,000 $594.49 Refinance
Loan 10 7.00 Marriott Hanover 5.7%    WFB WFB $60,000,000 $60,000,000 $55,293,895 $169,971.67 Acquisition
Loan 5 8.00 Westin Atlanta Airport 4.3%    MSBNA MSMCH $45,500,000 $45,441,378 $37,029,960 $120,844.10 Refinance
Loan 5, 6 9.00 ILPT Hawaii Portfolio 3.8%    MSBNA; CREF; UBS AG; JPMC MSMCH $40,000,000 $40,000,000 $40,000,000 $67.77 Recapitalization
Loan 5 10.00 Great Wolf Lodge Southern California 3.8%    WFB WFB $40,000,000 $40,000,000 $40,000,000 $248,756.22 Refinance
Loan   11.00 801 Barton Springs 3.3%    BANA BANA $34,500,000 $34,500,000 $34,500,000 $385.14 Acquisition
Loan 8 12.00 Millennium Park 2.2%    WFB WFB $23,000,000 $23,000,000 $19,787,639 $140.34 Refinance
Loan   13.00 Cubesmart - Brooklyn 1.9%    BANA BANA $20,000,000 $20,000,000 $20,000,000 $225.47 Refinance
Loan 10 14.00 Hilton Garden Inn Las Colinas 1.8%    WFB WFB $19,000,000 $19,000,000 $16,816,682 $109,826.59 Acquisition
Loan   15.00 Regency Gardens Apartment Corp. 1.6%    NCCB NCB $16,675,000 $16,675,000 $13,235,832 $30,652.57 Refinance
Loan 8 16.00 Gardena Plaza 1.1%    BANA BANA $11,750,000 $11,750,000 $11,750,000 $220.47 Refinance
Loan   17.00 Lincoln Square 1.1%    BANA BANA $11,600,000 $11,600,000 $10,014,995 $99.77 Refinance
Loan   18.00 Shoppes at 41st Street 1.1%    BANA BANA $11,500,000 $11,500,000 $10,200,639 $372.34 Refinance
Loan 9 19.00 Revere Plastics 1.1%    BANA BANA $11,495,250 $11,495,250 $10,521,502 $37.11 Acquisition
Loan 10 20.00 CVS Office 1.1%    WFB WFB $11,000,000 $11,000,000 $11,000,000 $186.60 Acquisition
Loan   21.00 Walgreens - St. Paul 1.0%    WFB WFB $10,100,000 $10,100,000 $8,142,976 $646.11 Acquisition
Loan   22.00 Park Lane North Owners, Inc. 1.0%    NCCB NCB $10,000,000 $9,973,266 $8,022,151 $50,625.72 Refinance
Loan 6, 7 23.00 50 South Liberty & 925 North State 0.9%    WFB WFB $9,515,000 $9,515,000 $7,830,379 $125.92 Refinance
Property   23.01 50 South Liberty 0.5%    WFB WFB $5,180,000 $5,180,000 $4,262,886    
Property   23.02 925 North State 0.4%    WFB WFB $4,335,000 $4,335,000 $3,567,493    
Loan 10, 13 24.00 2650 Camino Del Rio North 0.9%    BANA BANA $9,300,000 $9,300,000 $8,215,081 $132.78 Refinance
Loan   25.00 Elk Grove Crossing 0.8%    BANA BANA $8,300,000 $8,300,000 $8,300,000 $212.65 Acquisition
Loan   26.00 Winter Park Self Storage 0.7%    BANA BANA $7,425,000 $7,425,000 $7,078,334 $82.82 Refinance
Loan   27.00 Wyndham Garden Duluth 0.7%    MSBNA MSMCH $7,300,000 $7,300,000 $5,616,362 $56,589.15 Refinance
Loan   28.00 Rancho Viejo 0.7%    WFB WFB $7,070,000 $7,070,000 $5,737,416 $97.72 Recapitalization
Loan   29.00 McGalliard Mall Shoppes 0.7%    MSBNA MSMCH $7,000,000 $6,991,241 $5,727,446 $117.91 Refinance
Loan   30.00 Scott Labs - Petaluma 0.7%    WFB WFB $6,800,000 $6,800,000 $5,031,554 $79.67 Refinance
Loan   31.00 South Plaza Vista 0.6%    WFB WFB $6,750,000 $6,742,214 $5,602,184 $81.44 Refinance
Loan   32.00 CLC-EZ Storage Utica 0.6%    WFB WFB $6,355,000 $6,355,000 $5,837,258 $108.47 Acquisition
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 0.6%    WFB WFB $6,200,000 $6,200,000 $6,200,000 $354.98 Refinance
Loan   34.00 Knights Court 0.6%    MSBNA MSMCH $6,120,000 $6,120,000 $6,120,000 $149.70 Acquisition
Loan   35.00 Stonegate Apartments 0.6%    BANA BANA $6,000,000 $6,000,000 $5,330,276 $74,074.07 Refinance
Loan   36.00 Greenwood Arms Cooperative Corp. 0.6%    NCCB NCB $6,000,000 $5,994,757 $5,279,855 $37,467.23 Refinance
Loan   37.00 800 Wilcrest Drive 0.5%    MSBNA MSMCH $5,625,000 $5,625,000 $4,866,660 $85.79 Refinance
Loan   38.00 Talbot Apartments, Inc. 0.5%    NCCB NCB $5,500,000 $5,500,000 $4,865,513 $42,635.66 Refinance
Loan   39.00 Queens Boulevard Tenants Corp. 0.5%    NCCB NCB $5,250,000 $5,236,322 $4,230,861 $41,890.57 Refinance
Loan   40.00 Sea Cliff Towers Owners Corp. 0.5%    NCCB NCB $5,000,000 $4,986,921 $4,026,583 $43,364.53 Refinance
Loan   41.00 Courtview Owners Corp. 0.4%    NCCB NCB $4,550,000 $4,513,500 $2,807,779 $35,539.37 Refinance
Loan 14, 15 42.00 Mokena Professional Center 0.4%    MSBNA MSMCH $4,400,000 $4,400,000 $3,689,843 $89.10 Refinance
Loan   43.00 Alden Properties Tenants Corp. 0.4%    NCCB NCB $4,000,000 $4,000,000 $4,000,000 $54,054.05 Refinance
Loan   44.00 Westerfield Townhouses Cooperative, Inc. 0.4%    NCB NCB $3,955,000 $3,944,623 $2,441,448 $15,289.24 Refinance
Loan   45.00 1440 Renaissance Drive 0.3%    MSBNA MSMCH $3,550,000 $3,550,000 $3,550,000 $61.81 Refinance
Loan 10 46.00 Buda Shops 0.3%    WFB WFB $3,500,000 $3,500,000 $3,228,177 $297.11 Acquisition
Loan   47.00 Hewlett Park Apartment Owners, Inc. 0.3%    NCCB NCB $3,030,000 $3,030,000 $2,670,774 $44,558.82 Refinance
Loan   48.00 Boulevard Apartments, Inc. 0.3%    NCCB NCB $2,800,000 $2,800,000 $2,470,291 $33,333.33 Refinance
Loan   49.00 The 1261 LaVista Cooperative, Inc. 0.3%    NCB NCB $2,670,500 $2,665,621 $1,962,320 $38,080.30 Refinance
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. 0.2%    NCCB NCB $2,250,000 $2,250,000 $2,250,000 $22,277.23 Refinance
Loan   51.00 Coachella Valley Storage 0.2%    WFB WFB $2,000,000 $2,000,000 $2,000,000 $36.21 Refinance
Loan   52.00 Park Terrace Arms Corp. 0.2%    NCCB NCB $2,000,000 $1,994,841 $1,614,557 $39,114.53 Refinance
Loan   53.00 130 West 16 Owners Inc. 0.2%    NCCB NCB $1,750,000 $1,750,000 $1,385,536 $46,052.63 Refinance
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. 0.1%    NCCB NCB $1,500,000 $1,500,000 $1,500,000 $26,785.71 Refinance
Loan 9 55.00 111-117 West 96th Street Owners, Inc. 0.1%    NCCB NCB $1,500,000 $1,493,841 $1,214,718 $37,346.03 Refinance
Loan   56.00 220 Chestnut Street Owners Corp. 0.1%    NCCB NCB $1,400,000 $1,396,417 $1,131,755 $39,897.64 Refinance
Loan   57.00 City Centre Apartment Corp. 0.1%    NCCB NCB $1,300,000 $1,294,778 $1,057,398 $19,919.66 Refinance

 

A-1-1 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Sponsor
Loan 5, 10 1.00 350 Bush Street Gemdale USA Corporation; Vision Real Estate Development, Inc.
Loan 5, 7, 8, 9 2.00 The Alhambra RM Properties, LLC; Future Land International LLC; Wayne Ratkovich
Loan 5, 9 3.00 Ford Factory Access Industries
Loan 5, 11 4.00 Newport Corporate Center Farshid Steve Shokouhi; Brett Michael Lipman
Loan 5 5.00 9201 West Sunset Boulevard Mani Brothers Real Estate Group
Loan 5, 9, 12 6.00 Central Tower CIM SMA I Investments, LLC
Loan 10 7.00 Marriott Hanover Allan V. Rose
Loan 5 8.00 Westin Atlanta Airport Columbia Sussex Corporation
Loan 5, 6 9.00 ILPT Hawaii Portfolio Industrial Logistics Properties Trust
Loan 5 10.00 Great Wolf Lodge Southern California McWhinney Real Estate Services, Inc.; Chad McWhinney; Troy McWhinney; Great Wolf Resorts, Inc.
Loan   11.00 801 Barton Springs WeWork Companies Inc.
Loan 8 12.00 Millennium Park Gary Sakwa
Loan   13.00 Cubesmart - Brooklyn Gerald Sprayregen
Loan 10 14.00 Hilton Garden Inn Las Colinas Allan V. Rose
Loan   15.00 Regency Gardens Apartment Corp. N/A
Loan 8 16.00 Gardena Plaza Rich Development Company
Loan   17.00 Lincoln Square TM Real Estate Group
Loan   18.00 Shoppes at 41st Street Belvin Investments LLC
Loan 9 19.00 Revere Plastics AG Net Lease Realty Fund III, L.P.
Loan 10 20.00 CVS Office David J. Peck; The David Joseph Peck 1992 Trust; Harry Peck; The Peck Revocable Family Trust
Loan   21.00 Walgreens - St. Paul Joseph A. Myer III
Loan   22.00 Park Lane North Owners, Inc. N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State Zenios Michael Zenios
Property   23.01 50 South Liberty  
Property   23.02 925 North State  
Loan 10, 13 24.00 2650 Camino Del Rio North Shopoff Realty Investments
Loan   25.00 Elk Grove Crossing West Valley Properties, Inc.
Loan   26.00 Winter Park Self Storage Westport Properties, Inc.
Loan   27.00 Wyndham Garden Duluth Baraka Hotel Group LLC
Loan   28.00 Rancho Viejo Santokh S. Toor; Arpinder K. Toor; The Santokh and Arpinder Toor 2011 Living Trust
Loan   29.00 McGalliard Mall Shoppes Daniel Dicillo; Greg Donahue; Streak Investments, LLC
Loan   30.00 Scott Labs - Petaluma Zachary Stephen Scott; Robert Alexander Scott; Thane LLC
Loan   31.00 South Plaza Vista George C. Larsen and Margaret A. Larsen, as Trustees of the George & Margaret Larsen Exempt Trust Dated July 11, 2003
Loan   32.00 CLC-EZ Storage Utica James E. Pierce Revocable Trust; James E. Pierce
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 Stanley Gerlach, Jr.
Loan   34.00 Knights Court Harmonia Capital USA, Inc.
Loan   35.00 Stonegate Apartments Alan Stiles
Loan   36.00 Greenwood Arms Cooperative Corp. N/A
Loan   37.00 800 Wilcrest Drive Giancarlo Mitterhofer; Wendy Velez
Loan   38.00 Talbot Apartments, Inc. N/A
Loan   39.00 Queens Boulevard Tenants Corp. N/A
Loan   40.00 Sea Cliff Towers Owners Corp. N/A
Loan   41.00 Courtview Owners Corp. N/A
Loan 14, 15 42.00 Mokena Professional Center Michael R. Glenn, Jr.; Kathleen D. Strick
Loan   43.00 Alden Properties Tenants Corp. N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A
Loan   45.00 1440 Renaissance Drive Isaac J. Weiss
Loan 10 46.00 Buda Shops John M. Shamshoian
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A
Loan   48.00 Boulevard Apartments, Inc. N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A
Loan   51.00 Coachella Valley Storage Arthur Scott Flaming; Sarita Ann Flaming
Loan   52.00 Park Terrace Arms Corp. N/A
Loan   53.00 130 West 16 Owners Inc. N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A
Loan   56.00 220 Chestnut Street Owners Corp. N/A
Loan   57.00 City Centre Apartment Corp. N/A

 

A-1-2 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Non-Recourse Carveout Guarantor   No. of
Properties
General Property
Type
Detailed Property
Type
Title
Type
Ground Lease
Initial Lease
Expiration Date
Loan 5, 10 1.00 350 Bush Street Gemdale USA Corporation; Vision Real Estate Development, Inc.   1 Office CBD Fee N/A
Loan 5, 7, 8, 9 2.00 The Alhambra Future Land International LLC; Wayne Ratkovich; RM Properties, LLC   1 Office Suburban Fee N/A
Loan 5, 9 3.00 Ford Factory AIPH Holdings LLC   1 Office CBD Fee N/A
Loan 5, 11 4.00 Newport Corporate Center Farshid Steve Shokouhi; Brett Michael Lipman   1 Office Suburban Fee N/A
Loan 5 5.00 9201 West Sunset Boulevard The Daniel Mani Family Trust; The Simon Mani Family Trust; Daniel Mani; Simon Mani   1 Office Medical Fee N/A
Loan 5, 9, 12 6.00 Central Tower CIM SMA I Investments, LLC   1 Office CBD Fee N/A
Loan 10 7.00 Marriott Hanover Allan V. Rose   1 Hospitality Full Service Fee N/A
Loan 5 8.00 Westin Atlanta Airport CSC Holdings, LLC   1 Hospitality Full Service Fee N/A
Loan 5, 6 9.00 ILPT Hawaii Portfolio Industrial Logistics Properties Trust   186 Various Various Fee N/A
Loan 5 10.00 Great Wolf Lodge Southern California McWhinney Holding Company, LLLP   1 Hospitality Full Service Fee N/A
Loan   11.00 801 Barton Springs ARK Master Fund LP; ARK Master Fund AIV 1 LP   1 Office CBD Fee N/A
Loan 8 12.00 Millennium Park Gary Sakwa   1 Retail Anchored Fee N/A
Loan   13.00 Cubesmart - Brooklyn Gerald Sprayregen   1 Self Storage Self Storage Fee N/A
Loan 10 14.00 Hilton Garden Inn Las Colinas Allan V. Rose   1 Hospitality Full Service Fee N/A
Loan   15.00 Regency Gardens Apartment Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan 8 16.00 Gardena Plaza Joseph W. Rich   1 Retail Anchored Fee N/A
Loan   17.00 Lincoln Square Carlos Alcaraz; Matthew Pellar   1 Office Suburban Fee N/A
Loan   18.00 Shoppes at 41st Street Adriana Carolina Montani Puche   1 Retail Unanchored Fee N/A
Loan 9 19.00 Revere Plastics AG Net Lease III Corp.; AG Net Lease III (SO) Corp.   1 Industrial Manufacturing Fee N/A
Loan 10 20.00 CVS Office David J. Peck; The David Joseph Peck 1992 Trust; Harry Peck; The Peck Revocable Family Trust   1 Office Suburban Fee N/A
Loan   21.00 Walgreens - St. Paul Joseph A. Myer III; The Joseph A. Myer III and Anne H. Myer Trust   1 Retail Single Tenant Fee N/A
Loan   22.00 Park Lane North Owners, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State Zenios Michael Zenios   2        
Property   23.01 50 South Liberty       Mixed Use Office/Retail Fee N/A
Property   23.02 925 North State       Mixed Use Office/Retail Fee N/A
Loan 10, 13 24.00 2650 Camino Del Rio North Shopoff Commercial Growth & Income Fund II, L.P.; Shopoff Commercial Growth & Income Fund III, L.P.   1 Office Suburban Fee N/A
Loan   25.00 Elk Grove Crossing Brian Fox   1 Retail Anchored Fee N/A
Loan   26.00 Winter Park Self Storage The Drew and Jaime Hoeven Family Trust   1 Self Storage Self Storage Fee N/A
Loan   27.00 Wyndham Garden Duluth Thakor Patel; Minaxi Patel; Romi Patel   1 Hospitality Select Service Fee N/A
Loan   28.00 Rancho Viejo Santokh S. Toor; Arpinder K. Toor; The Santokh and Arpinder Toor 2011 Living Trust   1 Retail Anchored Fee N/A
Loan   29.00 McGalliard Mall Shoppes Daniel Dicillo; Greg Donahue; Streak Investments, LLC   1 Retail Unanchored Fee N/A
Loan   30.00 Scott Labs - Petaluma Zachary Stephen Scott; Robert Alexander Scott   1 Industrial Warehouse Fee N/A
Loan   31.00 South Plaza Vista George C. Larsen and Margaret A. Larsen, as Trustees of the George & Margaret Larsen Exempt Trust Dated July 11, 2003 1 Retail Anchored Fee N/A
Loan   32.00 CLC-EZ Storage Utica Lawrence Charles Kaplan; George W. Thacker, III; Richard Schontz   1 Self Storage Self Storage Fee N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 Stanley Gerlach, Jr.   1 Mixed Use Retail/Office Fee N/A
Loan   34.00 Knights Court Harmonia Capital USA, Inc.   1 Retail Unanchored Fee N/A
Loan   35.00 Stonegate Apartments Alan Stiles   1 Multifamily Garden Fee N/A
Loan   36.00 Greenwood Arms Cooperative Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan   37.00 800 Wilcrest Drive Giancarlo Mitterhofer; Wendy M. Velez   1 Office Suburban Fee N/A
Loan   38.00 Talbot Apartments, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   39.00 Queens Boulevard Tenants Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan   40.00 Sea Cliff Towers Owners Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan   41.00 Courtview Owners Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan 14, 15 42.00 Mokena Professional Center Michael R. Glenn, Jr.; Kathleen D. Strick   1 Office Suburban Fee N/A
Loan   43.00 Alden Properties Tenants Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   45.00 1440 Renaissance Drive Isaac J. Weiss   1 Office Suburban Fee N/A
Loan 10 46.00 Buda Shops John M. Shamshoian   1 Retail Shadow Anchored Fee N/A
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   48.00 Boulevard Apartments, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   51.00 Coachella Valley Storage Arthur Scott Flaming; Sarita Ann Flaming; The Flaming Family Trust Dated May 23, 2006   1 Self Storage Self Storage Fee N/A
Loan   52.00 Park Terrace Arms Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan   53.00 130 West 16 Owners Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A   1 Multifamily Cooperative Fee N/A
Loan   56.00 220 Chestnut Street Owners Corp. N/A   1 Multifamily Cooperative Fee N/A
Loan   57.00 City Centre Apartment Corp. N/A   1 Multifamily Cooperative Fee N/A

 

A-1-3 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Hotel Franchise
Agreement
Expiration Date
Address City County State Zip Code Year Built Year Renovated
Loan 5, 10 1.00 350 Bush Street N/A 350 Bush Street San Francisco San Francisco CA 94104 2018 N/A
Loan 5, 7, 8, 9 2.00 The Alhambra N/A 1000 South Fremont Avenue; 1127-1131 South Fremont Avenue Alhambra Los Angeles CA 91803 1927 2015
Loan 5, 9 3.00 Ford Factory N/A 777 South Santa Fe Avenue Los Angeles Los Angeles CA 90021 1912 2019
Loan 5, 11 4.00 Newport Corporate Center N/A 3617, 3650 and 3655 131st Avenue Southeast; 3625 132nd Avenue Southeast; 12920 Southeast 38th Street Bellevue King WA 98006 1988-2010 2019
Loan 5 5.00 9201 West Sunset Boulevard N/A 9201 West Sunset Boulevard West Hollywood Los Angeles CA 90069 1963 2012
Loan 5, 9, 12 6.00 Central Tower N/A 30, 32, 34 Third Street; 701, 703, 705 Market Street San Francisco San Francisco CA 94103 1898/1908 2015-2018
Loan 10 7.00 Marriott Hanover 3/28/2039 1401 Route 10 East Whippany Morris NJ 07981 1986 2019
Loan 5 8.00 Westin Atlanta Airport 3/31/2037 4736 Best Road College Park Clayton GA 30337 1982 2008
Loan 5, 6 9.00 ILPT Hawaii Portfolio N/A Various Honolulu Honolulu HI Various Various N/A
Loan 5 10.00 Great Wolf Lodge Southern California 2/16/2041 12681 Harbor Boulevard Garden Grove Orange CA 92840 2016 N/A
Loan   11.00 801 Barton Springs N/A 801 Barton Springs Road Austin Travis TX 78704 2018 N/A
Loan 8 12.00 Millennium Park N/A 13110-13400 Middlebelt Road; 13550 Middlebelt Road; 28511-28551 Schoolcraft Road Livonia Wayne MI 48150 2000 2019
Loan   13.00 Cubesmart - Brooklyn N/A 2207 Albemarle Road Brooklyn Kings NY 11226 1930 1998
Loan 10 14.00 Hilton Garden Inn Las Colinas 4/30/2034 7516 Las Colinas Boulevard Irving Dallas TX 75063 1996 2017
Loan   15.00 Regency Gardens Apartment Corp. N/A 141-24 78th Avenue, 141-48 78th Road, & 141-02 79th Avenue Kew Gardens Hills Queens NY 11367 1938 1999
Loan 8 16.00 Gardena Plaza N/A 15505-15519 South Normandie Avenue Gardena Los Angeles CA 90247 1959 2017
Loan   17.00 Lincoln Square N/A 18405, 18425 and 18441 Northwest 2nd Avenue Miami Miami Gardens FL 33169 1980 2016
Loan   18.00 Shoppes at 41st Street N/A 10355-10405 Northwest 41st Street Doral Miami-Dade FL 33178 2000 N/A
Loan 9 19.00 Revere Plastics N/A 401 East Elm Street Clyde Sandusky OH 43410 1987 N/A
Loan 10 20.00 CVS Office N/A 1451 Center Crossing Road Las Vegas Clark NV 89144 2004 2019
Loan   21.00 Walgreens - St. Paul N/A 2099 Ford Parkway Saint Paul Ramsey MN 55116 2011 N/A
Loan   22.00 Park Lane North Owners, Inc. N/A 118-17 Union Turnpike Forest Hills Queens NY 11375 1973 2009
Loan 6, 7 23.00 50 South Liberty & 925 North State                
Property   23.01 50 South Liberty N/A 50 South Liberty Street Powell Delaware OH 43065 2006 N/A
Property   23.02 925 North State N/A 925 North State Street Westerville Delaware OH 43082 2000 N/A
Loan 10, 13 24.00 2650 Camino Del Rio North N/A 2650 Camino Del Rio North San Diego San Diego CA 92108 1983 N/A
Loan   25.00 Elk Grove Crossing N/A 8694-8698 Elk Grove Boulevard Elk Grove Sacramento CA 95624 1993 N/A
Loan   26.00 Winter Park Self Storage N/A 7112 (AKA 7000) Aloma Avenue Winter Park Orange FL 32792 2000 N/A
Loan   27.00 Wyndham Garden Duluth 7/14/2031 1948 Day Drive Duluth Gwinnett GA 30096 1985 2016-2017
Loan   28.00 Rancho Viejo N/A 5103 and 5203 West Walnut Avenue Visalia Tulare CA 93277 1998 N/A
Loan   29.00 McGalliard Mall Shoppes N/A 700-840 East McGalliard Road Muncie Delaware IN 47303 1982 2007
Loan   30.00 Scott Labs - Petaluma N/A 1480 Cader Lane Petaluma Sonoma County CA 94954 2016 N/A
Loan   31.00 South Plaza Vista N/A 493 North Highway 90 Bypass Sierra Vista Cochise AZ 85635 1994 2018
Loan   32.00 CLC-EZ Storage Utica N/A 12700 East Utica Park Boulevard Utica Macomb MI 48315 2005 N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 N/A 104 North Avenue 56; 124 North Avenue 55; 115 (1/2) North Avenue 55 Los Angeles Los Angeles CA 90042 1923 2017
Loan   34.00 Knights Court N/A 7746 Highway 6 Missouri City Fort Bend TX 77459 2008-2014 N/A
Loan   35.00 Stonegate Apartments N/A 402 Willow Street Hallsville Harrison TX 75650 2013-2016 N/A
Loan   36.00 Greenwood Arms Cooperative Corp. N/A 86-10 151st Avenue Howard Beach Queens NY 11414 1964 2001
Loan   37.00 800 Wilcrest Drive N/A 800 Wilcrest Drive Houston Harris TX 77042 1982 2015-2018
Loan   38.00 Talbot Apartments, Inc. N/A 83-52/64/74 Talbot Street Kew Gardens Queens NY 11415 1924 1997
Loan   39.00 Queens Boulevard Tenants Corp. N/A 106-15 Queens Boulevard Forest Hills Queens NY 11375 1942 2004
Loan   40.00 Sea Cliff Towers Owners Corp. N/A 20 Cliff Street Staten Island Richmond NY 10305 1966 2000
Loan   41.00 Courtview Owners Corp. N/A 123-35 82nd Road Kew Gardens Queens NY 11415 1948 2016
Loan 14, 15 42.00 Mokena Professional Center N/A 18927 Hickory Creek Drive Mokena Will IL 60448 2004 N/A
Loan   43.00 Alden Properties Tenants Corp. N/A 284 a/k/a 300 North Broadway Yonkers Westchester NY 10701 1952 1998
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A 320 North Church Street Olathe Johnson KS 66061 1968 2010
Loan   45.00 1440 Renaissance Drive N/A 1440 Renaissance Drive Park Ridge Cook IL 60068 1970 2013
Loan 10 46.00 Buda Shops N/A 15550 IH-35 South Buda Hays TX 78610 2018 N/A
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A 1355-95 Broadway Hewlett Nassau NY 11557 1948 2016
Loan   48.00 Boulevard Apartments, Inc. N/A 103-26/30 68th Avenue Forest Hills Queens NY 11375 1949 1999
Loan   49.00 The 1261 LaVista Cooperative, Inc. N/A 1261 LaVista Road NE Atlanta Dekalb GA 30324 1966 1999
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A 201 West 89th Street New York New York NY 10024 1924 2011
Loan   51.00 Coachella Valley Storage N/A 46148 Marilyn Street Indio Riverside CA 92201 1980 2004
Loan   52.00 Park Terrace Arms Corp. N/A 90 Park Terrace East New York New York NY 10034 1948 2003
Loan   53.00 130 West 16 Owners Inc. N/A 130 West 16th Street New York New York NY 10011 1923 1988
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A 836-840 Palisade Avenue Yonkers Westchester NY 10703 1958 2004
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A 111-117 West 96th Street New York New York NY 10025 1889 1993
Loan   56.00 220 Chestnut Street Owners Corp. N/A 220 Chestnut Street Port Chester Westchester NY 10573 1973 2006
Loan   57.00 City Centre Apartment Corp. N/A 156-168 Centre Avenue New Rochelle Westchester NY 10805 1964 2006

 

A-1-4 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Size Units of
Measure
Occupancy Rate(2) Occupancy Rate
As-of Date
Appraised
Value
Appraised Value
As-of Date
  Mortgage
Rate
Administrative
Fee Rate(3)
Master Servicing
Fee Rate
Primary Servicing
Fee Rate
Pari Passu
Loan Primary Servicing
Fee Rate
Trustee
Fee Rate
Trust Advisor
Fee Rate
Asset
Representations
Reviewer Fee Rate
Loan 5, 10 1.00 350 Bush Street 387,599 SF 99.0% 4/22/2019 $522,000,000 8/1/2019   3.91216216% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5, 7, 8, 9 2.00 The Alhambra 931,891 SF 89.6% 4/23/2019 $230,500,000 2/6/2019   4.2200% 0.02388% 0.00250% 0.01250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5, 9 3.00 Ford Factory 257,028 SF 100.0% 5/1/2019 $237,000,000 3/1/2019   4.5200% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5, 11 4.00 Newport Corporate Center 998,284 SF 99.3% 3/25/2019 $476,000,000 3/14/2019   3.54323171% 0.01263% 0.00250% 0.00125% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5 5.00 9201 West Sunset Boulevard 166,599 SF 92.8% 3/31/2019 $209,000,000 2/12/2019   4.4450% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5, 9, 12 6.00 Central Tower 164,848 SF 98.5% 2/20/2019 $186,300,000 2/26/2019   4.0600% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 10 7.00 Marriott Hanover 353 Rooms 72.0% 2/28/2019 $103,300,000 2/25/2020   4.8500% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5 8.00 Westin Atlanta Airport 500 Rooms 86.0% 3/31/2019 $87,500,000 3/1/2019   4.6200% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 5, 6 9.00 ILPT Hawaii Portfolio 9,591,512 SF 100.0% 12/13/2018 $1,439,117,000 Various   4.3100% 0.01263% 0.00250% 0.00000% 0.00125% 0.00693% 0.00120% 0.00025%
Loan 5 10.00 Great Wolf Lodge Southern California 603 Rooms 80.8% 1/31/2019 $302,900,000 11/28/2018   5.2533% 0.01388% 0.00250% 0.00000% 0.00250% 0.00693% 0.00120% 0.00025%
Loan   11.00 801 Barton Springs 89,577 SF 100.0% 5/1/2019 $63,200,000 3/25/2019   4.0150% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 8 12.00 Millennium Park 163,887 SF 100.0% 4/25/2019 $34,000,000 2/13/2019   4.7000% 0.04138% 0.00250% 0.03000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   13.00 Cubesmart - Brooklyn 88,702 SF 86.3% 3/28/2019 $33,780,000 3/9/2019   4.4780% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 10 14.00 Hilton Garden Inn Las Colinas 173 Rooms 67.1% 2/28/2019 $31,600,000 2/27/2020   4.9000% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   15.00 Regency Gardens Apartment Corp. 544 Units 95.3% 3/21/2019 $151,400,000 3/21/2019   3.9000% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 8 16.00 Gardena Plaza 53,296 SF 100.0% 2/28/2019 $19,750,000 3/7/2019   4.7500% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   17.00 Lincoln Square 116,264 SF 94.7% 4/1/2019 $17,900,000 2/21/2019   4.8300% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   18.00 Shoppes at 41st Street 30,886 SF 95.2% 4/1/2019 $18,500,000 3/17/2019   5.0000% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 9 19.00 Revere Plastics 309,760 SF 100.0% 5/1/2019 $17,440,000 2/22/2019   4.4100% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 10 20.00 CVS Office 58,950 SF 100.0% 5/1/2019 $19,900,000 5/1/2020   4.4200% 0.04388% 0.00250% 0.03250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   21.00 Walgreens - St. Paul 15,632 SF 100.0% 5/1/2019 $16,100,000 3/13/2019   4.3400% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   22.00 Park Lane North Owners, Inc. 197 Units 95.0% 1/24/2019 $74,420,000 1/24/2019   4.1900% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 6, 7 23.00 50 South Liberty & 925 North State 75,565 SF 97.9%   $12,690,000     4.9500% 0.07138% 0.00250% 0.06000% 0.00000% 0.00693% 0.00120% 0.00025%
Property   23.01 50 South Liberty 39,280 SF 100.0% 3/19/2019 $6,910,000 1/18/2019                  
Property   23.02 925 North State 36,285 SF 95.7% 4/10/2019 $5,780,000 1/18/2019                  
Loan 10, 13 24.00 2650 Camino Del Rio North 70,043 SF 81.4% 4/1/2019 $13,400,000 6/1/2019   4.8100% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   25.00 Elk Grove Crossing 39,031 SF 95.5% 1/31/2019 $12,500,000 1/28/2019   4.6900% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   26.00 Winter Park Self Storage 89,650 SF 79.1% 3/7/2019 $12,500,000 2/14/2019   4.5570% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   27.00 Wyndham Garden Duluth 129 Rooms 72.9% 12/31/2018 $10,900,000 10/23/2018   5.7000% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   28.00 Rancho Viejo 72,351 SF 96.4% 3/26/2019 $10,800,000 12/12/2018   4.5300% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   29.00 McGalliard Mall Shoppes 59,292 SF 94.9% 3/12/2019 $10,400,000 3/2/2019   4.7800% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   30.00 Scott Labs - Petaluma 85,354 SF 100.0% 5/1/2019 $14,000,000 2/25/2019   4.6100% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   31.00 South Plaza Vista 82,790 SF 100.0% 1/25/2019 $10,020,000 1/4/2019   5.2200% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   32.00 CLC-EZ Storage Utica 58,590 SF 91.2% 2/23/2019 $9,100,000 3/15/2019   4.6250% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 17,466 SF 100.0% 4/24/2019 $10,750,000 3/13/2019   4.7600% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   34.00 Knights Court 40,882 SF 87.7% 3/1/2019 $10,320,000 1/31/2019   4.9500% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   35.00 Stonegate Apartments 81 Units 96.3% 2/22/2019 $8,500,000 2/8/2019   5.0800% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   36.00 Greenwood Arms Cooperative Corp. 160 Units 96.0% 12/12/2018 $35,800,000 12/12/2018   3.8700% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   37.00 800 Wilcrest Drive 65,564 SF 97.9% 2/4/2019 $7,500,000 12/27/2018   4.9200% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   38.00 Talbot Apartments, Inc. 129 Units 94.9% 3/13/2019 $31,650,000 3/13/2019   4.0400% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   39.00 Queens Boulevard Tenants Corp. 125 Units 94.0% 1/15/2019 $53,900,000 1/15/2019   4.3200% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   40.00 Sea Cliff Towers Owners Corp. 115 Units 94.0% 12/4/2018 $36,430,000 12/4/2018   4.3000% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   41.00 Courtview Owners Corp. 127 Units 95.2% 12/5/2018 $50,390,000 12/5/2018   4.3400% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 14, 15 42.00 Mokena Professional Center 49,380 SF 100.0% 3/28/2019 $6,410,000 3/8/2019   4.7000% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   43.00 Alden Properties Tenants Corp. 74 Units 95.2% 2/9/2019 $12,600,000 2/9/2019   4.0600% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   44.00 Westerfield Townhouses Cooperative, Inc. 258 Units 94.2% 1/7/2019 $19,820,000 1/7/2019   4.3400% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   45.00 1440 Renaissance Drive 57,434 SF 98.9% 4/1/2019 $5,560,000 2/27/2019   4.5300% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 10 46.00 Buda Shops 11,780 SF 100.0% 4/17/2019 $5,700,000 9/1/2019   4.8950% 0.01388% 0.00250% 0.00250% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   47.00 Hewlett Park Apartment Owners, Inc. 68 Units 94.0% 4/5/2019 $15,250,000 4/5/2019   3.9200% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   48.00 Boulevard Apartments, Inc. 84 Units 95.1% 3/13/2019 $25,840,000 3/13/2019   3.9500% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   49.00 The 1261 LaVista Cooperative, Inc. 70 Units 92.0% 2/19/2019 $10,360,000 2/19/2019   4.4300% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. 101 Units 94.9% 1/4/2019 $148,300,000 1/4/2019   4.3400% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   51.00 Coachella Valley Storage 55,238 SF 92.3% 4/3/2019 $4,600,000 3/4/2019   4.7500% 0.09138% 0.00250% 0.08000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   52.00 Park Terrace Arms Corp. 51 Units 95.0% 12/17/2018 $21,600,000 12/17/2018   4.3700% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   53.00 130 West 16 Owners Inc. 38 Units 95.0% 3/6/2019 $40,225,000 3/6/2019   3.8300% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. 56 Units 95.0% 2/8/2019 $9,900,000 2/8/2019   4.4400% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan 9 55.00 111-117 West 96th Street Owners, Inc. 40 Units 95.0% 12/3/2018 $32,650,000 12/3/2018   4.4800% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   56.00 220 Chestnut Street Owners Corp. 35 Units 92.0% 2/13/2019 $5,590,000 2/13/2019   4.4100% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%
Loan   57.00 City Centre Apartment Corp. 65 Units 93.0% 11/8/2018 $9,190,000 11/8/2018   4.6100% 0.08888% 0.08000% 0.00000% 0.00000% 0.00693% 0.00120% 0.00025%

 

A-1-5 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name CREFC
Fee Rate
Interest
Accrual  
Basis
Seasoning
(mos.)
ARD
(Yes/No)
Original Term
to Maturity (mos.)
Remaining Term
to Maturity (mos.)
Original
Interest-Only
Period (mos.)
Remaining
Interest-Only
Period (mos.)
Original
Amortization
Term (mos.)
Remaining
Amortization
Term (mos.)
Note Date First
Payment
Date
First P&I Payment
Date (Partial
IO Loans)
Maturity
 Date
ARD Loan
Final Maturity
Date
Loan 5, 10 1.00 350 Bush Street 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/22/2019 6/11/2019 N/A 5/11/2029 N/A
Loan 5, 7, 8, 9 2.00 The Alhambra 0.00050% Actual/360 0 No 120 120 120 120 0 0 5/1/2019 6/11/2019 N/A 5/11/2029 N/A
Loan 5, 9 3.00 Ford Factory 0.00050% Actual/360 1 No 120 119 120 119 0 0 3/29/2019 5/1/2019 N/A 4/1/2029 N/A
Loan 5, 11 4.00 Newport Corporate Center 0.00050% Actual/360 0 Yes 120 120 120 120 0 0 4/10/2019 6/6/2019 N/A 5/6/2029 10/6/2030
Loan 5 5.00 9201 West Sunset Boulevard 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/17/2019 6/5/2019 N/A 5/1/2029 N/A
Loan 5, 9, 12 6.00 Central Tower 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/26/2019 6/6/2019 N/A 5/6/2029 N/A
Loan 10 7.00 Marriott Hanover 0.00050% Actual/360 1 No 120 119 60 59 360 360 3/28/2019 5/11/2019 5/11/2024 4/11/2029 N/A
Loan 5 8.00 Westin Atlanta Airport 0.00050% Actual/360 1 No 120 119 0 0 360 359 3/8/2019 5/1/2019 N/A 4/1/2029 N/A
Loan 5, 6 9.00 ILPT Hawaii Portfolio 0.00050% Actual/360 3 No 120 117 120 117 0 0 1/29/2019 3/7/2019 N/A 2/7/2029 N/A
Loan 5 10.00 Great Wolf Lodge Southern California 0.00050% Actual/360 2 No 120 118 120 118 0 0 3/11/2019 4/11/2019 N/A 3/11/2029 N/A
Loan   11.00 801 Barton Springs 0.00050% Actual/360 0 No 60 60 60 60 0 0 4/18/2019 6/1/2019 N/A 5/1/2024 N/A
Loan 8 12.00 Millennium Park 0.00050% Actual/360 1 No 120 119 24 23 360 360 4/4/2019 5/11/2019 5/11/2021 4/11/2029 N/A
Loan   13.00 Cubesmart - Brooklyn 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/15/2019 6/1/2019 N/A 5/1/2029 N/A
Loan 10 14.00 Hilton Garden Inn Las Colinas 0.00050% Actual/360 0 No 120 120 36 36 360 360 4/17/2019 6/11/2019 6/11/2022 5/11/2029 N/A
Loan   15.00 Regency Gardens Apartment Corp. 0.00050% Actual/360 0 No 120 120 0 0 360 360 4/25/2019 6/1/2019 N/A 5/1/2029 N/A
Loan 8 16.00 Gardena Plaza 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/18/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   17.00 Lincoln Square 0.00050% Actual/360 0 No 120 120 24 24 360 360 4/26/2019 6/1/2019 6/1/2021 5/1/2029 N/A
Loan   18.00 Shoppes at 41st Street 0.00050% Actual/360 0 No 120 120 36 36 360 360 5/1/2019 6/1/2019 6/1/2022 5/1/2029 N/A
Loan 9 19.00 Revere Plastics 0.00050% Actual/360 1 No 120 119 60 59 360 360 3/15/2019 5/1/2019 5/1/2024 4/1/2029 N/A
Loan 10 20.00 CVS Office 0.00050% Actual/360 1 No 120 119 120 119 0 0 3/29/2019 5/11/2019 N/A 4/11/2029 N/A
Loan   21.00 Walgreens - St. Paul 0.00050% Actual/360 0 No 120 120 0 0 360 360 4/25/2019 6/11/2019 N/A 5/11/2029 N/A
Loan   22.00 Park Lane North Owners, Inc. 0.00050% Actual/360 2 No 120 118 0 0 360 358 2/26/2019 4/1/2019 N/A 3/1/2029 N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State 0.00050% Actual/360 0 No 120 120 0 0 360 360 4/16/2019 6/11/2019 N/A 5/11/2029 N/A
Property   23.01 50 South Liberty                              
Property   23.02 925 North State                              
Loan 10, 13 24.00 2650 Camino Del Rio North 0.00050% Actual/360 0 No 120 120 36 36 360 360 4/5/2019 6/1/2019 6/1/2022 5/1/2029 N/A
Loan   25.00 Elk Grove Crossing 0.00050% Actual/360 2 No 120 118 120 118 0 0 2/28/2019 4/1/2019 N/A 3/1/2029 N/A
Loan   26.00 Winter Park Self Storage 0.00050% Actual/360 1 No 120 119 84 83 360 360 3/13/2019 5/1/2019 5/1/2026 4/1/2029 N/A
Loan   27.00 Wyndham Garden Duluth 0.00050% Actual/360 0 No 120 120 0 0 300 300 4/25/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   28.00 Rancho Viejo 0.00050% Actual/360 0 No 120 120 0 0 360 360 4/25/2019 6/11/2019 N/A 5/11/2029 N/A
Loan   29.00 McGalliard Mall Shoppes 0.00050% Actual/360 1 No 120 119 0 0 360 359 3/29/2019 5/1/2019 N/A 4/1/2029 N/A
Loan   30.00 Scott Labs - Petaluma 0.00050% Actual/360 0 No 120 120 0 0 300 300 4/16/2019 6/11/2019 N/A 5/11/2029 N/A
Loan   31.00 South Plaza Vista 0.00050% Actual/360 1 No 120 119 0 0 360 359 3/12/2019 5/11/2019 N/A 4/11/2029 N/A
Loan   32.00 CLC-EZ Storage Utica 0.00050% Actual/360 0 No 120 120 60 60 360 360 4/12/2019 6/11/2019 6/11/2024 5/11/2029 N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/30/2019 6/11/2019 N/A 5/11/2029 N/A
Loan   34.00 Knights Court 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/2/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   35.00 Stonegate Apartments 0.00050% Actual/360 1 No 120 119 36 35 360 360 3/6/2019 5/1/2019 5/1/2022 4/1/2029 N/A
Loan   36.00 Greenwood Arms Cooperative Corp. 0.00050% Actual/360 1 No 120 119 0 0 480 479 3/29/2019 5/1/2019 N/A 4/1/2029 N/A
Loan   37.00 800 Wilcrest Drive 0.00050% Actual/360 1 No 120 119 24 23 360 360 3/20/2019 5/1/2019 5/1/2021 4/1/2029 N/A
Loan   38.00 Talbot Apartments, Inc. 0.00050% Actual/360 0 No 120 120 0 0 480 480 4/25/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   39.00 Queens Boulevard Tenants Corp. 0.00050% Actual/360 2 No 120 118 0 0 360 358 2/27/2019 4/1/2019 N/A 3/1/2029 N/A
Loan   40.00 Sea Cliff Towers Owners Corp. 0.00050% Actual/360 2 No 120 118 0 0 360 358 2/28/2019 4/1/2019 N/A 3/1/2029 N/A
Loan   41.00 Courtview Owners Corp. 0.00050% Actual/360 3 No 120 117 0 0 240 237 1/31/2019 3/1/2019 N/A 2/1/2029 N/A
Loan 14, 15 42.00 Mokena Professional Center 0.00050% Actual/360 0 No 121 121 13 13 360 360 5/3/2019 6/1/2019 7/1/2020 6/1/2029 N/A
Loan   43.00 Alden Properties Tenants Corp. 0.00050% Actual/360 1 No 120 119 120 119 0 0 3/29/2019 5/1/2019 N/A 4/1/2029 N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. 0.00050% Actual/360 1 No 120 119 0 0 240 239 3/28/2019 5/1/2019 N/A 4/1/2029 N/A
Loan   45.00 1440 Renaissance Drive 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/25/2019 6/1/2019 N/A 5/1/2029 N/A
Loan 10 46.00 Buda Shops 0.00050% Actual/360 0 No 120 120 60 60 360 360 4/17/2019 6/11/2019 6/11/2024 5/11/2029 N/A
Loan   47.00 Hewlett Park Apartment Owners, Inc. 0.00050% Actual/360 0 No 120 120 0 0 480 480 4/29/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   48.00 Boulevard Apartments, Inc. 0.00050% Actual/360 0 No 120 120 0 0 480 480 4/24/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. 0.00050% Actual/360 1 No 120 119 0 0 300 299 4/1/2019 5/1/2019 N/A 4/1/2029 N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. 0.00050% Actual/360 3 No 120 117 120 117 0 0 1/30/2019 3/1/2019 N/A 2/1/2029 N/A
Loan   51.00 Coachella Valley Storage 0.00050% Actual/360 0 No 120 120 120 120 0 0 4/15/2019 6/11/2019 N/A 5/11/2029 N/A
Loan   52.00 Park Terrace Arms Corp. 0.00050% Actual/360 2 No 120 118 0 0 360 358 2/7/2019 4/1/2019 N/A 3/1/2029 N/A
Loan   53.00 130 West 16 Owners Inc. 0.00050% Actual/360 0 No 120 120 0 0 360 360 4/29/2019 6/1/2019 N/A 5/1/2029 N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. 0.00050% Actual/360 1 No 120 119 120 119 0 0 3/19/2019 5/1/2019 N/A 4/1/2029 N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. 0.00050% Actual/360 3 No 120 117 0 0 360 357 1/29/2019 3/1/2019 N/A 2/1/2029 N/A
Loan   56.00 220 Chestnut Street Owners Corp. 0.00050% Actual/360 2 No 120 118 0 0 360 358 3/1/2019 4/1/2019 N/A 3/1/2029 N/A
Loan   57.00 City Centre Apartment Corp. 0.00050% Actual/360 3 No 120 117 0 0 360 357 1/31/2019 3/1/2019 N/A 2/1/2029 N/A

 

A-1-6 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Monthly
Debt Service
(P&I)
Monthly
Debt Service
(IO)
Annual Debt
Service
(P&I)
Annual Debt
Service
(IO)
Lockbox Type Cash Management Status Crossed With
Other Loans
Related-Borrower Loans UW NOI
DSCR (P&I)
UW NOI
DSCR (IO)
UW NCF
DSCR (P&I)
UW NCF
DSCR (IO)
Cut-Off Date
LTV Ratio
Maturity Date LTV Ratio Grace Period to
Late Charge
(Days)
Loan 5, 10 1.00 350 Bush Street $0.00 $330,541.48 $0.00 $3,966,497.76 Hard In Place No N/A N/A 3.58x N/A 3.42x 35.4% 35.4% 10
Loan 5, 7, 8, 9 2.00 The Alhambra $0.00 $356,550.93 $0.00 $4,278,611.16 Hard In Place No N/A N/A 2.55x N/A 2.36x 65.1% 65.1% 5
Loan 5, 9 3.00 Ford Factory $0.00 $362,803.24 $0.00 $4,353,638.88 Hard Springing No N/A N/A 1.86x N/A 1.81x 57.0% 57.0% 5
Loan 5, 11 4.00 Newport Corporate Center $0.00 $220,935.26 $0.00 $2,651,223.12 Hard Springing No N/A N/A 5.63x N/A 5.63x 34.5% 34.5% 5
Loan 5 5.00 9201 West Sunset Boulevard $0.00 $262,892.94 $0.00 $3,154,715.28 Springing Springing No N/A N/A 1.92x N/A 1.87x 64.6% 64.6% 0
Loan 5, 9, 12 6.00 Central Tower $0.00 $218,511.64 $0.00 $2,622,139.68 Hard Springing No N/A N/A 2.49x N/A 2.32x 52.6% 52.6% 0
Loan 10 7.00 Marriott Hanover $316,615.10 $245,868.06 $3,799,381.20 $2,950,416.72 Hard Springing No Group A 2.15x 2.77x 1.85x 2.38x 58.1% 53.5% 0
Loan 5 8.00 Westin Atlanta Airport $233,797.34 $0.00 $2,805,568.08 $0.00 Hard Springing No N/A 2.37x N/A 2.07x N/A 69.1% 56.3% 5
Loan 5, 6 9.00 ILPT Hawaii Portfolio $0.00 $145,662.04 $0.00 $1,747,944.48 Hard Springing No N/A N/A 2.42x N/A 2.40x 45.2% 45.2% 0
Loan 5 10.00 Great Wolf Lodge Southern California $0.00 $177,542.08 $0.00 $2,130,504.96 Soft Springing No N/A N/A 2.74x N/A 2.41x 49.5% 49.5% 0
Loan   11.00 801 Barton Springs $0.00 $117,034.46 $0.00 $1,404,413.52 Hard In Place No N/A N/A 2.59x N/A 2.52x 54.6% 54.6% 5
Loan 8 12.00 Millennium Park $119,286.70 $91,334.49 $1,431,440.40 $1,096,013.88 Springing Springing No N/A 1.58x 2.07x 1.49x 1.95x 67.6% 58.2% 0
Loan   13.00 Cubesmart - Brooklyn $0.00 $75,669.91 $0.00 $908,038.92 Soft Springing No N/A N/A 2.14x N/A 2.12x 59.2% 59.2% 5
Loan 10 14.00 Hilton Garden Inn Las Colinas $100,838.08 $78,660.88 $1,210,056.96 $943,930.56 Hard Springing No Group A 1.96x 2.51x 1.72x 2.21x 60.1% 53.2% 0
Loan   15.00 Regency Gardens Apartment Corp. $78,650.67 $0.00 $943,808.04 $0.00 N/A N/A No N/A 6.18x N/A 6.05x N/A 11.0% 8.7% 10
Loan 8 16.00 Gardena Plaza $0.00 $47,156.39 $0.00 $565,876.68 Springing Springing No N/A N/A 1.89x N/A 1.79x 59.5% 59.5% 5
Loan   17.00 Lincoln Square $61,071.71 $47,338.47 $732,860.52 $568,061.64 Soft Springing No N/A 1.77x 2.29x 1.53x 1.98x 64.8% 55.9% 5
Loan   18.00 Shoppes at 41st Street $61,734.49 $48,582.18 $740,813.88 $582,986.16 Hard Springing No N/A 1.44x 1.83x 1.34x 1.70x 62.2% 55.1% 5
Loan 9 19.00 Revere Plastics $57,631.64 $42,831.78 $691,579.68 $513,981.36 Hard In Place No N/A 1.76x 2.37x 1.65x 2.22x 65.9% 60.3% 5
Loan 10 20.00 CVS Office $0.00 $41,079.40 $0.00 $492,952.80 Springing Springing No N/A N/A 2.50x N/A 2.49x 55.3% 55.3% 0
Loan   21.00 Walgreens - St. Paul $50,219.53 $0.00 $602,634.36 $0.00 Hard Springing No N/A 1.59x N/A 1.59x N/A 62.7% 50.6% 0
Loan   22.00 Park Lane North Owners, Inc. $48,843.37 $0.00 $586,120.44 $0.00 N/A N/A No N/A 4.16x N/A 4.08x N/A 13.4% 10.8% 10
Loan 6, 7 23.00 50 South Liberty & 925 North State $50,788.22 $0.00 $609,458.64 $0.00 N/A N/A No N/A 1.69x N/A 1.62x N/A 75.0% 61.7% 0
Property   23.01 50 South Liberty                              
Property   23.02 925 North State                              
Loan 10, 13 24.00 2650 Camino Del Rio North $48,850.11 $37,795.24 $586,201.32 $453,542.88 Springing Springing No N/A 1.57x 2.03x 1.37x 1.77x 69.4% 61.3% 5
Loan   25.00 Elk Grove Crossing $0.00 $32,889.71 $0.00 $394,676.52 Springing Springing No N/A N/A 2.12x N/A 1.98x 66.4% 66.4% 5
Loan   26.00 Winter Park Self Storage $37,873.27 $28,588.05 $454,479.24 $343,056.60 Springing Springing No N/A 1.65x 2.19x 1.62x 2.15x 59.4% 56.6% 5
Loan   27.00 Wyndham Garden Duluth $45,704.46 $0.00 $548,453.52 $0.00 Springing Springing No N/A 1.91x N/A 1.73x N/A 67.0% 51.5% 5
Loan   28.00 Rancho Viejo $35,948.79 $0.00 $431,385.48 $0.00 Springing Springing No N/A 1.81x N/A 1.69x N/A 65.5% 53.1% 0
Loan   29.00 McGalliard Mall Shoppes $36,642.00 $0.00 $439,704.00 $0.00 Springing Springing No N/A 1.69x N/A 1.56x N/A 67.2% 55.1% 5
Loan   30.00 Scott Labs - Petaluma $38,222.43 $0.00 $458,669.16 $0.00 Springing Springing No N/A 1.89x N/A 1.82x N/A 48.6% 35.9% 0
Loan   31.00 South Plaza Vista $37,148.42 $0.00 $445,781.04 $0.00 Springing Springing No N/A 1.54x N/A 1.45x N/A 67.3% 55.9% 0
Loan   32.00 CLC-EZ Storage Utica $32,673.57 $24,833.41 $392,082.84 $298,000.92 N/A N/A No N/A 1.52x 2.00x 1.50x 1.97x 69.8% 64.1% 0
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 $0.00 $24,934.91 $0.00 $299,218.92 Hard In Place No N/A N/A 1.95x N/A 1.88x 57.7% 57.7% 0
Loan   34.00 Knights Court $0.00 $25,595.63 $0.00 $307,147.56 Springing Springing No N/A N/A 2.79x N/A 2.64x 59.3% 59.3% 5
Loan   35.00 Stonegate Apartments $32,503.29 $25,752.78 $390,039.48 $309,033.36 Springing Springing No N/A 1.42x 1.80x 1.39x 1.76x 70.6% 62.7% 5
Loan   36.00 Greenwood Arms Cooperative Corp. $24,593.39 $0.00 $295,120.68 $0.00 N/A N/A No N/A 7.53x N/A 7.38x N/A 16.7% 14.7% 10
Loan   37.00 800 Wilcrest Drive $29,921.80 $23,382.81 $359,061.60 $280,593.72 Springing Springing No N/A 2.03x 2.60x 1.79x 2.28x 75.0% 64.9% 5
Loan   38.00 Talbot Apartments, Inc. $23,123.63 $0.00 $277,483.56 $0.00 N/A N/A No N/A 3.27x N/A 3.09x N/A 17.4% 15.4% 10
Loan   39.00 Queens Boulevard Tenants Corp. $26,042.44 $0.00 $312,509.28 $0.00 N/A N/A No N/A 5.51x N/A 5.43x N/A 9.7% 7.8% 10
Loan   40.00 Sea Cliff Towers Owners Corp. $24,743.57 $0.00 $296,922.84 $0.00 N/A N/A No N/A 6.35x N/A 6.18x N/A 13.7% 11.1% 10
Loan   41.00 Courtview Owners Corp. $28,394.07 $0.00 $340,728.84 $0.00 N/A N/A No N/A 5.35x N/A 5.23x N/A 9.0% 5.6% 10
Loan 14, 15 42.00 Mokena Professional Center $22,820.06 $17,472.69 $273,840.72 $209,672.28 Springing Springing No N/A 1.94x 2.53x 1.76x 2.29x 68.6% 57.6% 5
Loan   43.00 Alden Properties Tenants Corp. $0.00 $13,721.30 $0.00 $164,655.60 N/A N/A No N/A N/A 4.89x N/A 4.75x 31.7% 31.7% 10
Loan   44.00 Westerfield Townhouses Cooperative, Inc. $24,681.00 $0.00 $296,172.00 $0.00 N/A N/A No N/A 4.40x N/A 4.18x N/A 19.9% 12.3% 10
Loan   45.00 1440 Renaissance Drive $0.00 $13,587.38 $0.00 $163,048.56 Springing Springing No N/A N/A 3.36x N/A 2.95x 63.8% 63.8% 5
Loan 10 46.00 Buda Shops $18,564.80 $14,475.38 $222,777.60 $173,704.56 Springing Springing No N/A 1.65x 2.11x 1.60x 2.06x 61.4% 56.6% 0
Loan   47.00 Hewlett Park Apartment Owners, Inc. $12,513.20 $0.00 $150,158.40 $0.00 N/A N/A No N/A 5.81x N/A 5.63x N/A 19.9% 17.5% 10
Loan   48.00 Boulevard Apartments, Inc. $11,615.36 $0.00 $139,384.32 $0.00 N/A N/A No N/A 6.71x N/A 6.58x N/A 10.8% 9.6% 10
Loan   49.00 The 1261 LaVista Cooperative, Inc. $14,737.60 $0.00 $176,851.20 $0.00 N/A N/A No N/A 2.87x N/A 2.71x N/A 25.7% 18.9% 10
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. $0.00 $8,250.52 $0.00 $99,006.24 N/A N/A No N/A N/A 53.89x N/A 53.49x 1.5% 1.5% 10
Loan   51.00 Coachella Valley Storage $0.00 $8,026.62 $0.00 $96,319.44 Springing Springing No N/A N/A 3.57x N/A 3.50x 43.5% 43.5% 0
Loan   52.00 Park Terrace Arms Corp. $9,979.81 $0.00 $119,757.72 $0.00 N/A N/A No N/A 5.45x N/A 5.32x N/A 9.2% 7.5% 10
Loan   53.00 130 West 16 Owners Inc. $8,184.17 $0.00 $98,210.04 $0.00 N/A N/A No N/A 12.54x N/A 12.40x N/A 4.4% 3.4% 10
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. $0.00 $5,627.08 $0.00 $67,524.96 N/A N/A No N/A N/A 9.26x N/A 9.03x 15.2% 15.2% 10
Loan 9 55.00 111-117 West 96th Street Owners, Inc. $7,582.46 $0.00 $90,989.52 $0.00 N/A N/A No N/A 10.67x N/A 10.52x N/A 4.6% 3.7% 10
Loan   56.00 220 Chestnut Street Owners Corp. $7,018.92 $0.00 $84,227.04 $0.00 N/A N/A No N/A 5.47x N/A 5.23x N/A 25.0% 20.2% 10
Loan   57.00 City Centre Apartment Corp. $6,672.15 $0.00 $80,065.80 $0.00 N/A N/A No N/A 6.97x N/A 6.73x N/A 14.1% 11.5% 10

 

A-1-7 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Grace Period to Default
(Days)
Due Date Prepayment Provisions
(No. of Payments)
YM
Formula
  Third Most
Recent Revenues
Third Most
Recent Expenses
Third Most
Recent NOI
Third
Most Recent
NOI Date
Third Most
Recent NOI
Debt Yield
Second Most
 Recent Revenues
Second Most
 Recent Expenses
Second Most
 Recent NOI
Second
Most Recent
NOI Date
Loan 5, 10 1.00 350 Bush Street 0 Eleventh LO(24);DEF(89);O(7)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 5, 7, 8, 9 2.00 The Alhambra 0 Eleventh LO(24);DEF(92);O(4)     $19,131,802 $10,648,423 $8,483,379 12/31/2016 5.7% $21,031,902 $11,378,985 $9,652,918 12/31/2017
Loan 5, 9 3.00 Ford Factory 5 First LO(25);DEF(88);O(7)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 5, 11 4.00 Newport Corporate Center 0 Sixth LO(24);DEF(89);O(7)     $34,279,904 $10,460,300 $23,819,604 12/31/2016 14.5% $34,718,517 $10,077,187 $24,641,331 12/31/2017
Loan 5 5.00 9201 West Sunset Boulevard 0 Fifth LO(24);DEF(92);O(4)     $12,792,481 $3,505,810 $9,286,672 12/31/2016 6.9% $13,262,339 $3,447,634 $9,814,705 12/31/2017
Loan 5, 9, 12 6.00 Central Tower 0 Sixth LO(24);DEF(89);O(7)     $2,719,236 $2,180,042 $539,194 12/31/2016 0.6% $7,707,011 $2,507,075 $5,199,935 12/31/2017
Loan 10 7.00 Marriott Hanover 0 Eleventh LO(25);DEF(91);O(4)     $25,926,692 $19,243,649 $6,683,043 12/31/2017 11.1% $27,029,798 $19,730,754 $7,299,044 12/31/2018
Loan 5 8.00 Westin Atlanta Airport 5 First LO(25);DEF(90);O(5)     $26,408,183 $19,264,442 $7,143,741 12/31/2017 11.8% $26,454,922 $18,534,787 $7,920,135 12/31/2018
Loan 5, 6 9.00 ILPT Hawaii Portfolio 0 Seventh LO(27);DEF/YM1(86);O(7) A   $71,594,513 $16,049,950 $55,544,563 12/31/2016 8.5% $73,911,499 $17,034,145 $56,877,354 12/31/2017
Loan 5 10.00 Great Wolf Lodge Southern California 0 Eleventh LO(26);DEF(87);O(7)     $73,181,700 $56,397,508 $16,784,192 12/31/2017 11.2% $83,918,394 $62,245,360 $21,673,034 12/31/2018
Loan   11.00 801 Barton Springs 5 First LO(24);DEF(32);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 8 12.00 Millennium Park 0 Eleventh LO(25);DEF(88);O(7)     $2,708,351 $902,846 $1,805,505 12/31/2017 7.9% $2,756,550 $996,816 $1,759,735 12/31/2018
Loan   13.00 Cubesmart - Brooklyn 4 First LO(24);DEF(92);O(4)     $2,636,082 $898,757 $1,737,325 12/31/2017 8.7% $2,822,389 $873,450 $1,948,939 12/31/2018
Loan 10 14.00 Hilton Garden Inn Las Colinas 0 Eleventh LO(24);DEF(92);O(4)     $5,321,595 $4,027,012 $1,294,583 12/31/2017 6.8% $7,093,798 $4,778,858 $2,314,940 12/31/2018
Loan   15.00 Regency Gardens Apartment Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 8 16.00 Gardena Plaza 4 First LO(24);DEF/YM1(91);O(5) B   $901,218 $218,642 $682,576 12/31/2016 5.8% $687,273 $202,229 $485,044 12/31/2017
Loan   17.00 Lincoln Square 4 First LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A $1,602,516 $923,782 $678,734 12/31/2018
Loan   18.00 Shoppes at 41st Street 4 First LO(24);YM1(92);O(4) C   $1,385,320 $393,505 $991,815 12/31/2016 8.6% $1,381,125 $369,416 $1,011,709 12/31/2017
Loan 9 19.00 Revere Plastics 4 First LO(25);DEF/YM1(90);O(5) B   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 10 20.00 CVS Office 0 Eleventh LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   21.00 Walgreens - St. Paul 0 Eleventh LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   22.00 Park Lane North Owners, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State 0 Eleventh LO(24);YM1(89);O(7) D   $1,516,398 $465,601 $1,050,797 12/31/2017 11.0% $1,572,681 $525,944 $1,046,737 12/31/2018
Property   23.01 50 South Liberty           $746,374 $204,112 $542,262 12/31/2017   $804,359 $234,549 $569,810 12/31/2018
Property   23.02 925 North State           $770,024 $261,488 $508,535 12/31/2017   $768,321 $291,395 $476,927 12/31/2018
Loan 10, 13 24.00 2650 Camino Del Rio North 4 First LO(24);DEF(92);O(4)     $1,220,625 $561,681 $658,944 12/31/2016 7.1% $1,373,678 $579,069 $794,609 12/31/2017
Loan   25.00 Elk Grove Crossing 4 First LO(26);DEF(87);O(7)     $926,911 $259,398 $667,513 12/31/2016 8.0% $1,054,217 $297,621 $756,596 12/31/2017
Loan   26.00 Winter Park Self Storage 4 First LO(25);DEF(90);O(5)     $891,702 $266,028 $625,674 12/31/2017 8.4% $996,328 $290,903 $705,425 12/31/2018
Loan   27.00 Wyndham Garden Duluth 5 First LO(24);DEF(92);O(4)     $2,335,569 $1,278,649 $1,056,920 12/31/2017 14.5% $2,518,056 $1,463,243 $1,054,813 12/31/2018
Loan   28.00 Rancho Viejo 0 Eleventh LO(24);DEF(92);O(4)     $1,073,261 $341,159 $732,102 12/31/2016 10.4% $1,091,046 $354,527 $736,519 12/31/2017
Loan   29.00 McGalliard Mall Shoppes 5 First LO(25);DEF(91);O(4)     $1,084,245 $350,058 $734,187 12/31/2016 10.5% $1,101,440 $376,016 $725,424 12/31/2017
Loan   30.00 Scott Labs - Petaluma 0 Eleventh LO(24);DEF(92);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   31.00 South Plaza Vista 0 Eleventh LO(25);DEF(91);O(4)     N/A N/A N/A N/A N/A $252,121 $132,221 $119,899 12/31/2018
Loan   32.00 CLC-EZ Storage Utica 0 Eleventh LO(24);DEF(92);O(4)     $813,471 $352,061 $461,410 12/31/2017 7.3% $858,714 $359,718 $498,996 12/31/2018
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 0 Eleventh LO(24);DEF(92);O(4)     $272,427 $145,656 $126,771 12/31/2017 2.0% $529,775 $144,782 $384,993 12/31/2018
Loan   34.00 Knights Court 5 First LO(24);DEF(91);O(5)     $828,647 $227,391 $601,256 12/31/2016 9.8% $1,060,358 $300,208 $760,150 12/31/2017
Loan   35.00 Stonegate Apartments 4 First LO(25);DEF(91);O(4)     $686,220 $124,602 $561,618 12/31/2017 9.4% $807,658 $194,062 $613,596 12/31/2018
Loan   36.00 Greenwood Arms Cooperative Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   37.00 800 Wilcrest Drive 5 First LO(25);DEF(91);O(4)     $1,056,109 $439,265 $616,845 12/31/2016 11.0% $1,091,348 $421,276 $670,072 12/31/2017
Loan   38.00 Talbot Apartments, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   39.00 Queens Boulevard Tenants Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   40.00 Sea Cliff Towers Owners Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   41.00 Courtview Owners Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 14, 15 42.00 Mokena Professional Center 5 First LO(24);DEF(93);O(4)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   43.00 Alden Properties Tenants Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   45.00 1440 Renaissance Drive 5 First LO(23);YM1(93);O(4) E   $827,422 $322,078 $505,344 12/31/2016 14.2% $851,646 $354,198 $497,448 12/31/2017
Loan 10 46.00 Buda Shops 0 Eleventh LO(24);DEF(89);O(7)     N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   47.00 Hewlett Park Apartment Owners, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   48.00 Boulevard Apartments, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   51.00 Coachella Valley Storage 0 Eleventh LO(24);DEF(92);O(4)     $378,929 $200,657 $178,272 12/31/2017 8.9% $457,967 $214,126 $243,841 12/31/2018
Loan   52.00 Park Terrace Arms Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   53.00 130 West 16 Owners Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   56.00 220 Chestnut Street Owners Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A
Loan   57.00 City Centre Apartment Corp. 10 First YM1(113);1%(3);O(4) F   N/A N/A N/A N/A N/A N/A N/A N/A N/A

 

A-1-8 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Second Most
Recent NOI
Debt Yield
Most
 Recent Revenues
Most
 Recent Expenses
Most
Recent NOI
Most
Recent
NOI Date
Most
Recent NOI
Debt Yield
Underwritten
Occupancy Rate
Underwritten
Effective Gross Income
Underwritten Total
Expenses
Underwritten NOI Underwritten NOI Debt Yield Underwritten
Replacement
Reserves
Underwritten
TI/LC
Loan 5, 10 1.00 350 Bush Street N/A $12,190,528 $5,287,770 $6,902,758 12/31/2018 3.7% 95.0% $36,764,325 $10,457,726 $26,306,599 14.2% $58,140 $1,162,797
Loan 5, 7, 8, 9 2.00 The Alhambra 6.4% $24,409,301 $10,688,684 $13,720,618 12/31/2018 9.1% 90.0% $28,316,825 $11,975,737 $16,341,088 10.9% $232,973 $931,891
Loan 5, 9 3.00 Ford Factory N/A N/A N/A N/A N/A N/A 95.0% $17,663,180 $6,155,726 $11,507,454 8.5% $64,257 $257,028
Loan 5, 11 4.00 Newport Corporate Center 15.0% $32,840,915 $9,091,557 $23,749,358 12/31/2018 14.5% 95.3% $39,917,673 $6,775,774 $33,141,899 20.2% $149,743 -$149,743
Loan 5 5.00 9201 West Sunset Boulevard 7.3% $14,391,096 $3,465,148 $10,925,948 12/31/2018 8.1% 100.0% $15,015,696 $3,316,417 $11,699,279 8.7% $32,515 $283,913
Loan 5, 9, 12 6.00 Central Tower 5.3% $12,251,083 $3,156,008 $9,095,076 12/31/2018 9.3% 95.0% $14,270,330 $4,213,489 $10,056,841 10.3% $32,970 $646,204
Loan 10 7.00 Marriott Hanover 12.2% $26,757,713 $19,796,002 $6,961,711 2/28/2019 TTM 11.6% 72.0% $28,700,976 $20,521,621 $8,179,355 13.6% $1,148,039 $0
Loan 5 8.00 Westin Atlanta Airport 13.1% $27,603,941 $18,727,788 $8,876,153 3/31/2019 TTM 14.7% 86.0% $27,603,941 $18,761,583 $8,842,358 14.6% $1,104,158 $0
Loan 5, 6 9.00 ILPT Hawaii Portfolio 8.8% $76,428,806 $18,588,609 $57,840,197 10/31/2018 TTM 8.9% 100.0% $86,985,222 $18,221,433 $68,763,789 10.6% $59,078 $498,822
Loan 5 10.00 Great Wolf Lodge Southern California 14.4% $84,732,839 $62,714,987 $22,017,852 1/31/2019 TTM 14.7% 80.8% $84,732,839 $62,846,900 $21,885,939 14.6% $2,640,560 $0
Loan   11.00 801 Barton Springs N/A N/A N/A N/A N/A N/A 97.3% $4,952,933 $1,315,437 $3,637,496 10.5% $13,437 $89,578
Loan 8 12.00 Millennium Park 7.7% $2,756,665 $999,952 $1,756,713 3/31/2019 TTM 7.6% 95.0% $3,409,642 $1,143,538 $2,266,104 9.9% $33,856 $98,259
Loan   13.00 Cubesmart - Brooklyn 9.7% $2,845,232 $888,839 $1,956,393 2/28/2019 TTM 9.8% 87.5% $2,809,835 $867,604 $1,942,231 9.7% $13,305 $0
Loan 10 14.00 Hilton Garden Inn Las Colinas 12.2% $7,081,948 $4,814,886 $2,267,062 2/28/2019 TTM 11.9% 67.1% $7,093,080 $4,726,619 $2,366,461 12.5% $283,723 $0
Loan   15.00 Regency Gardens Apartment Corp. N/A N/A N/A N/A N/A N/A 95.3% $10,902,873 $5,074,261 $5,828,612 35.0% $113,900 $0
Loan 8 16.00 Gardena Plaza 4.1% $1,114,601 $181,293 $933,308 12/31/2018 7.9% 95.0% $1,366,787 $297,818 $1,068,969 9.1% $13,324 $41,555
Loan   17.00 Lincoln Square 5.9% $1,683,509 $960,893 $722,616 2/28/2019 TTM 6.2% 94.4% $2,291,745 $993,547 $1,298,198 11.2% $23,253 $150,676
Loan   18.00 Shoppes at 41st Street 8.8% $1,512,875 $361,225 $1,151,650 12/31/2018 10.0% 93.0% $1,453,834 $389,248 $1,064,586 9.3% $6,177 $66,318
Loan 9 19.00 Revere Plastics N/A N/A N/A N/A N/A N/A 95.0% $1,683,585 $464,578 $1,219,007 10.6% $46,464 $30,976
Loan 10 20.00 CVS Office N/A N/A N/A N/A N/A N/A 95.0% $1,255,824 $23,816 $1,232,008 11.2% $5,895 $575
Loan   21.00 Walgreens - St. Paul N/A N/A N/A N/A N/A N/A 97.0% $968,060 $9,681 $958,379 9.5% $1,563 $0
Loan   22.00 Park Lane North Owners, Inc. N/A N/A N/A N/A N/A N/A 95.0% $5,099,419 $2,660,252 $2,439,167 24.5% $49,200 $0
Loan 6, 7 23.00 50 South Liberty & 925 North State 11.0% $1,534,638 $536,295 $998,343 3/31/2019 TTM 10.5% 95.0% $1,562,622 $531,263 $1,031,359 10.8% $25,875 $17,472
Property   23.01 50 South Liberty   $768,705 $243,463 $525,242 3/31/2019 TTM   95.0% $792,009 $229,184 $562,824   $10,998 $12,411
Property   23.02 925 North State   $765,933 $292,832 $473,101 3/31/2019 TTM   95.0% $770,614 $302,079 $468,535   $14,877 $5,060
Loan 10, 13 24.00 2650 Camino Del Rio North 8.5% $1,502,028 $591,423 $910,605 12/31/2018 9.8% 81.1% $1,515,727 $596,526 $919,201 9.9% $17,511 $98,356
Loan   25.00 Elk Grove Crossing 9.1% $1,097,363 $310,830 $786,533 12/31/2018 9.5% 92.0% $1,171,352 $335,678 $835,675 10.1% $5,855 $50,193
Loan   26.00 Winter Park Self Storage 9.5% $1,001,954 $292,755 $709,199 1/31/2019 TTM 9.6% 78.9% $1,035,563 $284,657 $750,906 10.1% $13,448 $0
Loan   27.00 Wyndham Garden Duluth 14.4% $2,540,188 $1,482,412 $1,057,776 2/28/2019 TTM 14.5% 72.9% $2,540,188 $1,490,810 $1,049,378 14.4% $101,608 $0
Loan   28.00 Rancho Viejo 10.4% $1,193,769 $392,309 $801,459 12/31/2018 T-11 Ann. 11.3% 89.8% $1,203,815 $423,366 $780,449 11.0% $14,469 $36,174
Loan   29.00 McGalliard Mall Shoppes 10.4% $1,114,952 $359,408 $755,543 12/31/2018 10.8% 94.1% $1,106,006 $363,117 $742,888 10.6% $9,386 $47,292
Loan   30.00 Scott Labs - Petaluma N/A $885,475 $132,064 $753,411 12/31/2018 11.1% 95.0% $1,090,393 $224,017 $866,377 12.7% $8,535 $21,339
Loan   31.00 South Plaza Vista 1.8% $345,053 $178,111 $166,942 3/31/2019 TTM 2.5% 92.5% $850,267 $162,074 $688,193 10.2% $8,279 $34,011
Loan   32.00 CLC-EZ Storage Utica 7.9% $868,122 $352,911 $515,211 1/31/2019 TTM 8.1% 90.2% $889,221 $292,373 $596,848 9.4% $10,546 $0
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 6.2% $562,421 $134,006 $428,415 3/31/2019 TTM 6.9% 95.0% $714,639 $132,041 $582,598 9.4% $3,493 $17,466
Loan   34.00 Knights Court 12.4% $1,020,277 $299,125 $721,152 12/31/2018 11.8% 94.6% $1,277,811 $419,903 $857,908 14.0% $6,132 $39,656
Loan   35.00 Stonegate Apartments 10.2% $821,247 $196,448 $624,799 1/31/2019 TTM 10.4% 97.0% $873,952 $318,869 $555,083 9.3% $12,000 $0
Loan   36.00 Greenwood Arms Cooperative Corp. N/A N/A N/A N/A N/A N/A 96.0% $3,681,400 $1,460,424 $2,220,976 37.0% $42,300 $0
Loan   37.00 800 Wilcrest Drive 11.9% $1,171,534 $416,229 $755,305 12/31/2018 13.4% 92.0% $1,140,465 $411,371 $729,094 13.0% $15,354 $72,776
Loan   38.00 Talbot Apartments, Inc. N/A N/A N/A N/A N/A N/A 94.9% $2,179,226 $1,271,126 $908,100 16.5% $52,000 $0
Loan   39.00 Queens Boulevard Tenants Corp. N/A N/A N/A N/A N/A N/A 94.0% $3,156,583 $1,433,720 $1,722,863 32.9% $25,200 $0
Loan   40.00 Sea Cliff Towers Owners Corp. N/A N/A N/A N/A N/A N/A 94.0% $2,903,152 $1,018,879 $1,884,273 37.8% $48,800 $0
Loan   41.00 Courtview Owners Corp. N/A N/A N/A N/A N/A N/A 95.2% $3,455,261 $1,633,986 $1,821,275 40.4% $37,600 $0
Loan 14, 15 42.00 Mokena Professional Center N/A $902,473 $372,745 $529,728 12/31/2018 12.0% 82.8% $929,222 $399,155 $530,068 12.0% $14,750 $34,182
Loan   43.00 Alden Properties Tenants Corp. N/A N/A N/A N/A N/A N/A 95.2% $1,536,644 $730,677 $805,967 20.1% $23,600 $0
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A N/A N/A N/A N/A N/A 94.2% $2,569,560 $1,266,291 $1,303,269 33.0% $64,500 $0
Loan   45.00 1440 Renaissance Drive 14.0% $923,508 $328,729 $594,779 12/31/2018 16.8% 90.0% $981,061 $433,426 $547,635 15.4% $14,218 $51,988
Loan 10 46.00 Buda Shops N/A $287,558 $77,272 $210,286 1/31/2019 T-6 Ann. 6.0% 95.0% $489,350 $121,967 $367,384 10.5% $1,178 $8,835
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A N/A N/A N/A N/A N/A 94.0% $1,881,786 $1,009,056 $872,730 28.8% $27,600 $0
Loan   48.00 Boulevard Apartments, Inc. N/A N/A N/A N/A N/A N/A 95.1% $1,776,485 $841,243 $935,242 33.4% $18,100 $0
Loan   49.00 The 1261 LaVista Cooperative, Inc. N/A N/A N/A N/A N/A N/A 92.0% $1,023,496 $515,831 $507,665 19.0% $28,000 $0
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A N/A N/A N/A N/A N/A 94.9% $8,250,734 $2,914,976 $5,335,758 237.1% $40,400 $0
Loan   51.00 Coachella Valley Storage 12.2% $466,898 $215,047 $251,851 2/28/2019 TTM 12.6% 91.5% $529,510 $186,058 $343,452 17.2% $6,214 $0
Loan   52.00 Park Terrace Arms Corp. N/A N/A N/A N/A N/A N/A 95.0% $1,166,816 $514,385 $652,431 32.7% $14,850 $0
Loan   53.00 130 West 16 Owners Inc. N/A N/A N/A N/A N/A N/A 95.0% $1,795,618 $564,338 $1,231,280 70.4% $13,650 $0
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A N/A N/A N/A N/A N/A 95.0% $1,092,253 $467,181 $625,072 41.7% $15,200 $0
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A N/A N/A N/A N/A N/A 95.0% $1,483,562 $512,264 $971,298 65.0% $14,000 $0
Loan   56.00 220 Chestnut Street Owners Corp. N/A N/A N/A N/A N/A N/A 92.0% $757,896 $296,788 $461,108 33.0% $21,000 $0
Loan   57.00 City Centre Apartment Corp. N/A N/A N/A N/A N/A N/A 93.0% $1,062,521 $504,273 $558,248 43.1% $19,800 $0

 

A-1-9 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Underwritten NCF Underwritten NCF Debt Yield   Largest Tenant Largest
Tenant Lease
Expiration(4)
Loan 5, 10 1.00 350 Bush Street $25,085,662 13.6%   Twitch 5/31/2028
Loan 5, 7, 8, 9 2.00 The Alhambra $15,176,225 10.1%   USC   73,677 SF expiring 08/31/2020; 34,711 SF expiring 02/16/2024; 22,475 SF expiring 03/1/2024; 6,471 SF expiring 09/1/2024
Loan 5, 9 3.00 Ford Factory $11,186,169 8.3%   WMG Acquisition Corp 4/30/2030
Loan 5, 11 4.00 Newport Corporate Center $33,141,899 20.2%   T-Mobile   34,949 SF expiring 10/30/2030; 884,052 SF expiring 10/31/2030
Loan 5 5.00 9201 West Sunset Boulevard $11,382,851 8.4%   HH Sunset - Innovative Dining 9/30/2022
Loan 5, 9, 12 6.00 Central Tower $9,377,667 9.6%   Unity Technologies 8/31/2025
Loan 10 7.00 Marriott Hanover $7,031,316 11.7%   N/A N/A
Loan 5 8.00 Westin Atlanta Airport $7,738,200 12.8%   N/A N/A
Loan 5, 6 9.00 ILPT Hawaii Portfolio $68,205,889 10.5%   Servco Pacific, Inc. 1/31/2064
Loan 5 10.00 Great Wolf Lodge Southern California $19,245,379 12.8%   N/A N/A
Loan   11.00 801 Barton Springs $3,534,481 10.2%   801 Barton Springs Tenant LLC 3/31/2038
Loan 8 12.00 Millennium Park $2,133,989 9.3%   Bob’s Discount Furniture 5/31/2029
Loan   13.00 Cubesmart - Brooklyn $1,928,926 9.6%   N/A N/A
Loan 10 14.00 Hilton Garden Inn Las Colinas $2,082,738 11.0%   N/A N/A
Loan   15.00 Regency Gardens Apartment Corp. $5,714,712 34.3%   N/A N/A
Loan 8 16.00 Gardena Plaza $1,014,090 8.6%   99 Cents Only 1/31/2028
Loan   17.00 Lincoln Square $1,124,269 9.7%   Community Connections for Life Inc. 11,612 SF expiring 5/31/2024; 11,612 SF expiring 3/31/2025
Loan   18.00 Shoppes at 41st Street $992,091 8.6%   Patagonia Nahuen Restaurant & Market 4/30/2023
Loan 9 19.00 Revere Plastics $1,141,567 9.9%   Revere Plastics Systems, Inc. 12/31/2038
Loan 10 20.00 CVS Office $1,225,538 11.1%   Caremark RX, LLC 1/31/2029
Loan   21.00 Walgreens - St. Paul $956,816 9.5%   Walgreens 4/30/2086
Loan   22.00 Park Lane North Owners, Inc. $2,389,967 24.0%   N/A N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State $988,012 10.4%      
Property   23.01 50 South Liberty $539,414     Artina Promotional Products 3/31/2025
Property   23.02 925 North State $448,598     The Wine Bistro 11/5/2023
Loan 10, 13 24.00 2650 Camino Del Rio North $803,334 8.6%   First Command 3/31/2023
Loan   25.00 Elk Grove Crossing $779,627 9.4%   Dollar Tree 6/30/2029
Loan   26.00 Winter Park Self Storage $737,458 9.9%   N/A N/A
Loan   27.00 Wyndham Garden Duluth $947,771 13.0%   N/A N/A
Loan   28.00 Rancho Viejo $729,806 10.3%   SaveMart 9/30/2023
Loan   29.00 McGalliard Mall Shoppes $686,210 9.8%   Party City 4/30/2024
Loan   30.00 Scott Labs - Petaluma $836,503 12.3%   Scott Laboratories 6/30/2027
Loan   31.00 South Plaza Vista $645,903 9.6%   Planet Fitness 1/31/2024
Loan   32.00 CLC-EZ Storage Utica $586,302 9.2%   N/A N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 $561,639 9.1%   Lodge Room HLP 3/31/2034
Loan   34.00 Knights Court $812,120 13.3%   Alpha Omega Gymnastics - Missouri City 12/31/2025
Loan   35.00 Stonegate Apartments $543,083 9.1%   N/A N/A
Loan   36.00 Greenwood Arms Cooperative Corp. $2,178,676 36.3%   N/A N/A
Loan   37.00 800 Wilcrest Drive $640,964 11.4%   Brilliant Energy, LLC 8/31/2023
Loan   38.00 Talbot Apartments, Inc. $856,100 15.6%   N/A N/A
Loan   39.00 Queens Boulevard Tenants Corp. $1,697,663 32.4%   N/A N/A
Loan   40.00 Sea Cliff Towers Owners Corp. $1,835,473 36.8%   N/A N/A
Loan   41.00 Courtview Owners Corp. $1,783,675 39.5%   N/A N/A
Loan 14, 15 42.00 Mokena Professional Center $481,136 10.9%   Presence Life Connections 11/30/2022
Loan   43.00 Alden Properties Tenants Corp. $782,367 19.6%   N/A N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. $1,238,769 31.4%   N/A N/A
Loan   45.00 1440 Renaissance Drive $481,429 13.6%   XL.Net 12/31/2023
Loan 10 46.00 Buda Shops $357,371 10.2%   Ulti Mattress 9/30/2024
Loan   47.00 Hewlett Park Apartment Owners, Inc. $845,130 27.9%   N/A N/A
Loan   48.00 Boulevard Apartments, Inc. $917,142 32.8%   N/A N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. $479,665 18.0%   N/A N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. $5,295,358 235.3%   N/A N/A
Loan   51.00 Coachella Valley Storage $337,238 16.9%   N/A N/A
Loan   52.00 Park Terrace Arms Corp. $637,581 32.0%   N/A N/A
Loan   53.00 130 West 16 Owners Inc. $1,217,630 69.6%   N/A N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. $609,872 40.7%   N/A N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. $957,298 64.1%   N/A N/A
Loan   56.00 220 Chestnut Street Owners Corp. $440,108 31.5%   N/A N/A
Loan   57.00 City Centre Apartment Corp. $538,448 41.6%   N/A N/A

 

A-1-10 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Largest
Tenant NSF
Largest
Tenant
% of NSF
  2nd Largest Tenant 2nd Largest
Tenant Lease
Expiration(4)
2nd Largest
Tenant NSF
2nd Largest
Tenant
% of NSF
  3rd Largest Tenant
Loan 5, 10 1.00 350 Bush Street 185,510 47.9%   Atlassian 9/30/2029 145,215 37.5%   Publicis
Loan 5, 7, 8, 9 2.00 The Alhambra 137,334 14.7%   ELARC   7,771 SF expiring 01/31/2025; 106,677 SF expiring 07/31/2026 114,448 12.3%   CLA - Public Health
Loan 5, 9 3.00 Ford Factory 257,028 100.0%   N/A N/A N/A N/A   N/A
Loan 5, 11 4.00 Newport Corporate Center 919,001 92.1%   KLSY/KIXI 3/31/2026 21,175 2.1%   LifeCenter Northwest
Loan 5 5.00 9201 West Sunset Boulevard 13,258 8.0%   Oncotherapeutics 6/30/2024 11,239 6.7%   Anthony Mills, M.D.
Loan 5, 9, 12 6.00 Central Tower 85,783 52.0%   Maru Group, LLC 3/15/2021 5,338 3.2%   Seven Cities PTE, Ltd.
Loan 10 7.00 Marriott Hanover N/A N/A   N/A N/A N/A N/A   N/A
Loan 5 8.00 Westin Atlanta Airport N/A N/A   N/A N/A N/A N/A   N/A
Loan 5, 6 9.00 ILPT Hawaii Portfolio 537,302 5.6%   Coca-Cola Bottling of Hawaii, LLC 12/31/2022; 7/31/2039 350,869 3.7%   Manheim Remarketing, Inc.
Loan 5 10.00 Great Wolf Lodge Southern California N/A N/A   N/A N/A N/A N/A   N/A
Loan   11.00 801 Barton Springs 89,577 100.0%   N/A N/A N/A N/A   N/A
Loan 8 12.00 Millennium Park 35,040 21.4%   Marshalls 10/31/2020 30,195 18.4%   Michaels
Loan   13.00 Cubesmart - Brooklyn N/A N/A   N/A N/A N/A N/A   N/A
Loan 10 14.00 Hilton Garden Inn Las Colinas N/A N/A   N/A N/A N/A N/A   N/A
Loan   15.00 Regency Gardens Apartment Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan 8 16.00 Gardena Plaza 28,130 52.8%   Blink Fitness 3/31/2033 18,213 34.2%   Western Dental
Loan   17.00 Lincoln Square 23,224 20.0%   St. Anthony’s School of Higher Education 8/31/2023 11,612 10.0%   FL Dept. of Juvenile Justice
Loan   18.00 Shoppes at 41st Street 4,424 14.3%   La Granja Restaurant 8/31/2020 4,164 13.5%   Pizza Hut
Loan 9 19.00 Revere Plastics 309,760 100.0%   N/A N/A N/A N/A   N/A
Loan 10 20.00 CVS Office 58,950 100.0%   N/A N/A N/A N/A   N/A
Loan   21.00 Walgreens - St. Paul 15,632 100.0%   N/A N/A N/A N/A   N/A
Loan   22.00 Park Lane North Owners, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State                  
Property   23.01 50 South Liberty 10,459 26.6%   Health Edge Software, Inc. 6/30/2020 9,569 24.4%   Povita, LLC Liberty Tavern
Property   23.02 925 North State 6,798 18.7%   JRS Wendell’s LLC 6/30/2021 5,438 15.0%   Mount Carmel Health System
Loan 10, 13 24.00 2650 Camino Del Rio North 6,181 8.8%   CIR Law Offices 11/30/2021 5,869 8.4%   IEC US Holdings, Inc. U.S. Colleges
Loan   25.00 Elk Grove Crossing 10,023 25.7%   La Bou 11/30/2021 3,850 9.9%   Moo Moo Tea House
Loan   26.00 Winter Park Self Storage N/A N/A   N/A N/A N/A N/A   N/A
Loan   27.00 Wyndham Garden Duluth N/A N/A   N/A N/A N/A N/A   N/A
Loan   28.00 Rancho Viejo 47,145 65.2%   Amigos Restaurant 3/16/2024 5,603 7.7%   Brain Balance Center
Loan   29.00 McGalliard Mall Shoppes 12,000 20.2%   DaVita Healthcare 4/30/2024 6,790 11.5%   Buffalo Wild Wings
Loan   30.00 Scott Labs - Petaluma 85,354 100.0%   N/A N/A N/A N/A   N/A
Loan   31.00 South Plaza Vista 23,370 28.2%   Bealls Outlet 1/31/2028 20,010 24.2%   Shoe Source
Loan   32.00 CLC-EZ Storage Utica N/A N/A   N/A N/A N/A N/A   N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 8,719 49.9%   Delicias Bakery 6/14/2020 2,150 12.3%   City of Los Angeles
Loan   34.00 Knights Court 14,661 35.9%   Snap Fitness 8/31/2025 7,199 17.6%   Bushi Ban
Loan   35.00 Stonegate Apartments N/A N/A   N/A N/A N/A N/A   N/A
Loan   36.00 Greenwood Arms Cooperative Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan   37.00 800 Wilcrest Drive 5,245 8.0%   Spartek Systems 3/30/2024 5,207 7.9%   R Construction Company
Loan   38.00 Talbot Apartments, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   39.00 Queens Boulevard Tenants Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan   40.00 Sea Cliff Towers Owners Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan   41.00 Courtview Owners Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan 14, 15 42.00 Mokena Professional Center 18,205 36.9%   IAPMO 5/31/2024 12,000 24.3%   Reinsurance Group of America
Loan   43.00 Alden Properties Tenants Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   45.00 1440 Renaissance Drive 6,394 11.1%   Logiflex Inc. 2/28/2022 5,745 10.0%   Juniper Center PC
Loan 10 46.00 Buda Shops 2,285 19.4%   Verizon Wireless 7/31/2028 2,220 18.8%   Deca Dental
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   48.00 Boulevard Apartments, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   51.00 Coachella Valley Storage N/A N/A   N/A N/A N/A N/A   N/A
Loan   52.00 Park Terrace Arms Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan   53.00 130 West 16 Owners Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A N/A   N/A N/A N/A N/A   N/A
Loan   56.00 220 Chestnut Street Owners Corp. N/A N/A   N/A N/A N/A N/A   N/A
Loan   57.00 City Centre Apartment Corp. N/A N/A   N/A N/A N/A N/A   N/A

 

A-1-11 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name 3rd Largest
Tenant Lease
Expiration(4)
3rd Largest
Tenant NSF
3rd Largest
Tenant
% of NSF
  4th Largest Tenant 4th Largest
Tenant Lease
Expiration(4)
4th Largest
Tenant NSF
4th Largest
Tenant
% of NSF
Loan 5, 10 1.00 350 Bush Street 1/31/2029 52,879 13.6%   N/A N/A N/A N/A
Loan 5, 7, 8, 9 2.00 The Alhambra 42,250 SF expiring 11/30/2020; 50,525 SF expiring 12/11/2025; 17,107 SF expiring 3/31/2022 109,882 11.8%   CLA - Health Finance 11/30/2026 68,148 7.3%
Loan 5, 9 3.00 Ford Factory N/A N/A N/A   N/A N/A N/A N/A
Loan 5, 11 4.00 Newport Corporate Center 8/31/2025 20,713 2.1%   Protingent, Inc. 4/30/2021 11,314 1.1%
Loan 5 5.00 9201 West Sunset Boulevard 4/30/2024 10,979 6.6%   Gary Motykie 2/28/2022 7,746 4.6%
Loan 5, 9, 12 6.00 Central Tower MTM 5,338 3.2%   Pivot Interiors, Inc. 1/31/2022 5,337 3.2%
Loan 10 7.00 Marriott Hanover N/A N/A N/A   N/A N/A N/A N/A
Loan 5 8.00 Westin Atlanta Airport N/A N/A N/A   N/A N/A N/A N/A
Loan 5, 6 9.00 ILPT Hawaii Portfolio 4/30/2021 337,734 3.5%   Bradley Shopping Center Company 4/22/2033 333,887 3.5%
Loan 5 10.00 Great Wolf Lodge Southern California N/A N/A N/A   N/A N/A N/A N/A
Loan   11.00 801 Barton Springs N/A N/A N/A   N/A N/A N/A N/A
Loan 8 12.00 Millennium Park 2/29/2020 21,609 13.2%   PetSmart 5/31/2021 19,235 11.7%
Loan   13.00 Cubesmart - Brooklyn N/A N/A N/A   N/A N/A N/A N/A
Loan 10 14.00 Hilton Garden Inn Las Colinas N/A N/A N/A   N/A N/A N/A N/A
Loan   15.00 Regency Gardens Apartment Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan 8 16.00 Gardena Plaza 7/31/2029 5,003 9.4%   UPS Store 1/31/2023 1,110 2.1%
Loan   17.00 Lincoln Square 4/30/2022 10,529 9.1%   Nursing Unlimited 3/31/2024 6,100 5.2%
Loan   18.00 Shoppes at 41st Street 1/5/2021 3,200 10.4%   Doral Wine & Spirits 9/30/2020 2,508 8.1%
Loan 9 19.00 Revere Plastics N/A N/A N/A   N/A N/A N/A N/A
Loan 10 20.00 CVS Office N/A N/A N/A   N/A N/A N/A N/A
Loan   21.00 Walgreens - St. Paul N/A N/A N/A   N/A N/A N/A N/A
Loan   22.00 Park Lane North Owners, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State                
Property   23.01 50 South Liberty 6/30/2022 4,100 10.4%   B Rose Beauty Studios, LLC 1/31/2022 2,877 7.3%
Property   23.02 925 North State 4/30/2021 4,975 13.7%   Physicians Mutual Insurance Co. 7/31/2019 4,643 12.8%
Loan 10, 13 24.00 2650 Camino Del Rio North 4/30/2024 4,258 6.1%   Heritage Tax and Insurance Services 6/30/2020 4,111 5.9%
Loan   25.00 Elk Grove Crossing 4/30/2028 3,002 7.7%   Maly’s Salon Centric 6/30/2022 2,500 6.4%
Loan   26.00 Winter Park Self Storage N/A N/A N/A   N/A N/A N/A N/A
Loan   27.00 Wyndham Garden Duluth N/A N/A N/A   N/A N/A N/A N/A
Loan   28.00 Rancho Viejo 8/31/2024 2,500 3.5%   Mountain Mikes Pizza 12/31/2020 2,400 3.3%
Loan   29.00 McGalliard Mall Shoppes 12/31/2029 6,000 10.1%   Panera Bread 4/30/2022 5,051 8.5%
Loan   30.00 Scott Labs - Petaluma N/A N/A N/A   N/A N/A N/A N/A
Loan   31.00 South Plaza Vista 11/30/2028 15,620 18.9%   Julian’s Parkour & Gymnastics 9/15/2026 13,389 16.2%
Loan   32.00 CLC-EZ Storage Utica N/A N/A N/A   N/A N/A N/A N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 7/31/2022 2,064 11.8%   Burgerlords 2 LLC 9/30/2023 1,609 9.2%
Loan   34.00 Knights Court 4/30/2020 3,145 7.7%   Dr. Grace Seijo, DOS 12/14/2026 1,878 4.6%
Loan   35.00 Stonegate Apartments N/A N/A N/A   N/A N/A N/A N/A
Loan   36.00 Greenwood Arms Cooperative Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan   37.00 800 Wilcrest Drive 6/30/2022 3,941 6.0%   Trelleborg Sealing Solutions Southwest 8/31/2020 3,892 5.9%
Loan   38.00 Talbot Apartments, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   39.00 Queens Boulevard Tenants Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan   40.00 Sea Cliff Towers Owners Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan   41.00 Courtview Owners Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan 14, 15 42.00 Mokena Professional Center 2/28/2029 7,911 16.0%   Transamerica Premier Life Insurance 12/31/2020 4,289 8.7%
Loan   43.00 Alden Properties Tenants Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   45.00 1440 Renaissance Drive 2/28/2022 4,952 8.6%   George Zdravkov Inc. 10/31/2020 4,793 8.3%
Loan 10 46.00 Buda Shops 8/31/2028 2,000 17.0%   Buda Vision 2/28/2026 1,655 14.0%
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   48.00 Boulevard Apartments, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   51.00 Coachella Valley Storage N/A N/A N/A   N/A N/A N/A N/A
Loan   52.00 Park Terrace Arms Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan   53.00 130 West 16 Owners Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A N/A N/A   N/A N/A N/A N/A
Loan   56.00 220 Chestnut Street Owners Corp. N/A N/A N/A   N/A N/A N/A N/A
Loan   57.00 City Centre Apartment Corp. N/A N/A N/A   N/A N/A N/A N/A

 

A-1-12 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name   5th Largest Tenant 5th Largest
Tenant Lease
Expiration(4)
5th Largest
Tenant NSF
5th Largest
Tenant
% of NSF
  Upfront
Replacement
Reserves
Monthly
Replacement
Reserves
Loan 5, 10 1.00 350 Bush Street   N/A N/A N/A N/A   $0 $0
Loan 5, 7, 8, 9 2.00 The Alhambra   CLA - Parks & Recreation 11/30/2025 61,364 6.6%   $0 $19,414
Loan 5, 9 3.00 Ford Factory   N/A N/A N/A N/A   $0 $0
Loan 5, 11 4.00 Newport Corporate Center   Mobica US Inc. 5/31/2021 5,763 0.6%   $0 $12,479
Loan 5 5.00 9201 West Sunset Boulevard   David L. Matlock M.D 12/31/2026 7,109 4.3%   $0 $2,947
Loan 5, 9, 12 6.00 Central Tower   Google Inc. 9/30/2021 5,334 3.2%   $0 $0
Loan 10 7.00 Marriott Hanover   N/A N/A N/A N/A   $670,000 $89,192
Loan 5 8.00 Westin Atlanta Airport   N/A N/A N/A N/A   $0 $89,164
Loan 5, 6 9.00 ILPT Hawaii Portfolio   Honolulu Warehouse Co., Ltd. 1/31/2044 298,384 3.1%   $0 $0
Loan 5 10.00 Great Wolf Lodge Southern California   N/A N/A N/A N/A   $0 $0
Loan   11.00 801 Barton Springs   N/A N/A N/A N/A   $0 $0
Loan 8 12.00 Millennium Park   Ulta Salon 9/30/2022 11,144 6.8%   $0 $2,821
Loan   13.00 Cubesmart - Brooklyn   N/A N/A N/A N/A   $0 $1,109
Loan 10 14.00 Hilton Garden Inn Las Colinas   N/A N/A N/A N/A   $0 1/12th of 4% of the revenue for the prior fiscal year (currently $23,606.50 monthly)
Loan   15.00 Regency Gardens Apartment Corp.   N/A N/A N/A N/A   $0 $0
Loan 8 16.00 Gardena Plaza   Rose Nail 1/31/2023 840 1.6%   $195,000 $0
Loan   17.00 Lincoln Square   Delta School of Excellence 12/31/2023 5,386 4.6%   $0 $1,938
Loan   18.00 Shoppes at 41st Street   T-Mobile 2/28/2023 2,000 6.5%   $80,000 $515
Loan 9 19.00 Revere Plastics   N/A N/A N/A N/A   $0 $0
Loan 10 20.00 CVS Office   N/A N/A N/A N/A   $0 $0
Loan   21.00 Walgreens - St. Paul   N/A N/A N/A N/A   $0 $0
Loan   22.00 Park Lane North Owners, Inc.   N/A N/A N/A N/A   $0 $0
Loan 6, 7 23.00 50 South Liberty & 925 North State             $0 $2,156
Property   23.01 50 South Liberty   Buckeye Amish Furniture 1/31/2024 2,475 6.3%      
Property   23.02 925 North State   Maxtown Family Dental 12/31/2019 2,546 7.0%      
Loan 10, 13 24.00 2650 Camino Del Rio North   The Mara Law Firm 4/30/2022 3,954 5.6%   $65,000 $1,459
Loan   25.00 Elk Grove Crossing   Thai Chili 10/31/2023 2,404 6.2%   $0 $488
Loan   26.00 Winter Park Self Storage   N/A N/A N/A N/A   $0 $1,121
Loan   27.00 Wyndham Garden Duluth   N/A N/A N/A N/A   $230,000 $0
Loan   28.00 Rancho Viejo   Tulare County Federal Credit Union 1/31/2024 1,549 2.1%   $265,496 $1,206
Loan   29.00 McGalliard Mall Shoppes   Rent A Center 7/31/2020 4,179 7.0%   $0 $782
Loan   30.00 Scott Labs - Petaluma   N/A N/A N/A N/A   $0 $0
Loan   31.00 South Plaza Vista   ULTA Beauty 10/31/2028 10,401 12.6%   $0 $1,380
Loan   32.00 CLC-EZ Storage Utica   N/A N/A N/A N/A   $0 $879
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55   Madicine LLC MTM 1,217 7.0%   $0 $292
Loan   34.00 Knights Court   Center Stage Gallery 5/31/2022 1,863 4.6%   $0 $681
Loan   35.00 Stonegate Apartments   N/A N/A N/A N/A   $1,000 $1,000
Loan   36.00 Greenwood Arms Cooperative Corp.   N/A N/A N/A N/A   $0 $0
Loan   37.00 800 Wilcrest Drive   Brillant Energy LLC 8/31/2023 3,558 5.4%   $0 $1,280
Loan   38.00 Talbot Apartments, Inc.   N/A N/A N/A N/A   $0 $0
Loan   39.00 Queens Boulevard Tenants Corp.   N/A N/A N/A N/A   $0 $0
Loan   40.00 Sea Cliff Towers Owners Corp.   N/A N/A N/A N/A   $0 $0
Loan   41.00 Courtview Owners Corp.   N/A N/A N/A N/A   $0 $0
Loan 14, 15 42.00 Mokena Professional Center   John E. Hughes & Co. 8/31/2025 2,581 5.2%   $0 $1,229
Loan   43.00 Alden Properties Tenants Corp.   N/A N/A N/A N/A   $0 $0
Loan   44.00 Westerfield Townhouses Cooperative, Inc.   N/A N/A N/A N/A   $0 $0
Loan   45.00 1440 Renaissance Drive   Certified Survey 8/31/2024 4,697 8.2%   $0 $1,185
Loan 10 46.00 Buda Shops   Jersey Mike’s 7/31/2028 1,350 11.5%   $0 $147
Loan   47.00 Hewlett Park Apartment Owners, Inc.   N/A N/A N/A N/A   $0 $0
Loan   48.00 Boulevard Apartments, Inc.   N/A N/A N/A N/A   $0 $0
Loan   49.00 The 1261 LaVista Cooperative, Inc.   N/A N/A N/A N/A   $0 $0
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc.   N/A N/A N/A N/A   $0 $0
Loan   51.00 Coachella Valley Storage   N/A N/A N/A N/A   $0 $0
Loan   52.00 Park Terrace Arms Corp.   N/A N/A N/A N/A   $0 $0
Loan   53.00 130 West 16 Owners Inc.   N/A N/A N/A N/A   $0 $0
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc.   N/A N/A N/A N/A   $0 $0
Loan 9 55.00 111-117 West 96th Street Owners, Inc.   N/A N/A N/A N/A   $0 $0
Loan   56.00 220 Chestnut Street Owners Corp.   N/A N/A N/A N/A   $0 $0
Loan   57.00 City Centre Apartment Corp.   N/A N/A N/A N/A   $0 $0

 

A-1-13 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Replacement
Reserve Cap
Upfront TI/LC
 Reserves
Monthly TI/LC
Reserves
TI/LC
Reserve Cap
Upfront Tax
 Reserves
Monthly Tax
 Reserves
Upfront
Insurance Reserves
Monthly
Insurance
Reserves
Upfront
Deferred Maint.
Reserve
Initial Other
Reserves
Ongoing Other
Reserves
Loan 5, 10 1.00 350 Bush Street $0 $0 $0 $0 $409,996 $205,001 $69,579 $23,192 $0 $6,804,670 $0
Loan 5, 7, 8, 9 2.00 The Alhambra $698,918 $0 $77,658 $4,000,000 $782,527 $195,631 $72,226 $24,075 $0 $17,899,805 $0
Loan 5, 9 3.00 Ford Factory $0 $6,565,530 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 5, 11 4.00 Newport Corporate Center $149,743 $60,072,224 $0 $0 $0 $0 $0 $0 $0 $28,839,693 $0
Loan 5 5.00 9201 West Sunset Boulevard $0 $1,500,000 $0 $1,000,000 $206,965 $41,393 $0 $0 $0 $0 $0
Loan 5, 9, 12 6.00 Central Tower $0 $0 $0 $0 $0 $0 $0 $0 $0 $753,839 $0
Loan 10 7.00 Marriott Hanover $0 $0 $0 $0 $0 $78,973 $0 $0 $0 $14,224,584 $0
Loan 5 8.00 Westin Atlanta Airport $0 $0 $0 $0 $178,421 $89,211 $0 $0 $0 $3,500,000 $0
Loan 5, 6 9.00 ILPT Hawaii Portfolio $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 5 10.00 Great Wolf Lodge Southern California $0 $0 $0 $0 $0 $244,016 $0 $0 $0 $2,000,000 $0
Loan   11.00 801 Barton Springs $27,000 $0 $0 $179,000 $0 $0 $0 $0 $0 $0 $0
Loan 8 12.00 Millennium Park $250,000 $250,000 $10,417 $450,000 $101,910 $33,970 $0 $0 $0 $849,720 $0
Loan   13.00 Cubesmart - Brooklyn $0 $0 $0 $0 $134,661 $22,444 $0 $0 $328,930 $0 $0
Loan 10 14.00 Hilton Garden Inn Las Colinas $0 $0 $0 $0 $27,632 $27,635 $0 $0 $0 $1,966,005 $0
Loan   15.00 Regency Gardens Apartment Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 8 16.00 Gardena Plaza $0 $50,000 $0 $50,000 $8,938 $4,469 $0 $0 $16,875 $331,473 $0
Loan   17.00 Lincoln Square $0 $250,000 $12,111 $0 $99,583 $19,917 $14,000 $7,000 $0 $129,416 $0
Loan   18.00 Shoppes at 41st Street $0 $75,000 $5,725 $150,000 $63,768 $9,110 $21,205 $3,534 $0 $0 $0
Loan 9 19.00 Revere Plastics $116,160 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 10 20.00 CVS Office $0 $0 $0 $0 $0 $0 $0 $0 $0 $5,261,650 $0
Loan   21.00 Walgreens - St. Paul $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   22.00 Park Lane North Owners, Inc. $0 $0 $0 $0 $70,004 $70,004 $0 $0 $0 $0 $0
Loan 6, 7 23.00 50 South Liberty & 925 North State $0 $180,000 $5,000 $180,000 $125,682 $20,947 $12,780 $2,016 $51,500 $0 $0
Property   23.01 50 South Liberty                      
Property   23.02 925 North State                      
Loan 10, 13 24.00 2650 Camino Del Rio North $0 $200,000 $5,837 $300,000 $0 $12,235 $583 $97 $32,538 $1,341,741 $0
Loan   25.00 Elk Grove Crossing $23,419 $150,000 $0 $150,000 $0 $7,146 $0 $0 $0 $350,533 $0
Loan   26.00 Winter Park Self Storage $0 $0 $0 $0 $32,353 $6,471 $0 $0 $0 $0 $0
Loan   27.00 Wyndham Garden Duluth $0 $0 $0 $0 $42,256 $8,451 $3,002 $3,002 $2,375 $732,665 $0
Loan   28.00 Rancho Viejo $0 $0 $7,536 $0 $17,854 $8,927 $5,922 $2,627 $0 $0 $0
Loan   29.00 McGalliard Mall Shoppes $0 $120,000 $4,941 $120,000 $17,314 $8,657 $2,098 $0 $20,031 $0 $0
Loan   30.00 Scott Labs - Petaluma $0 $0 $0 $0 $23,850 $11,925 $0 $0 $0 $0 $0
Loan   31.00 South Plaza Vista $49,674 $0 $3,450 $150,000 $11,148 $5,574 $0 $0 $0 $34,263 $0
Loan   32.00 CLC-EZ Storage Utica $0 $0 $0 $0 $24,661 $3,523 $0 $0 $0 $0 $0
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 $10,506 $0 $1,459 $0 $12,532 $6,266 $7,147 $1,021 $0 $0 $0
Loan   34.00 Knights Court $0 $0 $3,407 $204,410 $53,751 $10,750 $0 $0 $5,281 $264,540 $0
Loan   35.00 Stonegate Apartments $0 $0 $0 $0 $42,347 $10,587 $11,125 $3,708 $0 $0 $0
Loan   36.00 Greenwood Arms Cooperative Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   37.00 800 Wilcrest Drive $46,062 $0 $7,376 $177,023 $39,096 $9,774 $9,789 $3,263 $4,438 $0 $0
Loan   38.00 Talbot Apartments, Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   39.00 Queens Boulevard Tenants Corp. $0 $0 $0 $0 $33,136 $33,136 $0 $0 $0 $0 $0
Loan   40.00 Sea Cliff Towers Owners Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   41.00 Courtview Owners Corp. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan 14, 15 42.00 Mokena Professional Center $0 $150,000 $2,881 $150,000 $48,632 $12,158 $3,426 $571 $375 $325,572 $0
Loan   43.00 Alden Properties Tenants Corp. $0 $0 $0 $0 $42,680 $12,034 $0 $0 $0 $350,000 $0
Loan   44.00 Westerfield Townhouses Cooperative, Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   45.00 1440 Renaissance Drive $0 $200,000 $0 $200,000 $66,416 $11,069 $0 $0 $7,063 $6,641 $0
Loan 10 46.00 Buda Shops $3,528 $34,620 $1,865 $67,000 $6,205 $1,241 $2,954 $1,477 $0 $96,341 $0
Loan   47.00 Hewlett Park Apartment Owners, Inc. $0 $0 $0 $0 $125,596 $31,879 $0 $0 $0 $0 $0
Loan   48.00 Boulevard Apartments, Inc. $0 $0 $0 $0 $67,689 $22,563 $0 $0 $0 $0 $0
Loan   49.00 The 1261 LaVista Cooperative, Inc. $0 $0 $0 $0 $45,039 $6,434 $0 $0 $0 $271,290 $0
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   51.00 Coachella Valley Storage $33,288 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   52.00 Park Terrace Arms Corp. $0 $0 $0 $0 $11,642 $11,642 $0 $0 $0 $625,000 $0
Loan   53.00 130 West 16 Owners Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. $0 $0 $0 $0 $17,145 $5,054 $0 $0 $0 $0 $0
Loan 9 55.00 111-117 West 96th Street Owners, Inc. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Loan   56.00 220 Chestnut Street Owners Corp. $0 $0 $0 $0 $26,548 $6,808 $0 $0 $0 $0 $0
Loan   57.00 City Centre Apartment Corp. $0 $0 $0 $0 $74,701 $13,158 $0 $0 $0 $135,000 $0

 

A-1-14 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Other Reserves Description   Appraisal
Report Date
Environmental
Phase I
Report Date
Environmental
Phase II
Report Date
Engineering
Report Date
Seismic
Report Date
Loan 5, 10 1.00 350 Bush Street Existing TI/LC Obligations Reserve; Development Work Reserve; Publicis Letter of Credit; Atlassian Letter of Credit   9/5/2018 7/31/2018 N/A 7/31/2018 7/31/2018
Loan 5, 7, 8, 9 2.00 The Alhambra Land Entitlement Contingency Reserve; Rent Concession Reserve; Existing TI/LC Obligations Reserve   3/22/2019 3/5/2019 N/A 3/5/2019 3/12/2019
Loan 5, 9 3.00 Ford Factory N/A   3/25/2019 3/11/2019 N/A 3/12/2019 3/12/2019
Loan 5, 11 4.00 Newport Corporate Center T-Mobile Free Rent Reserve; T-Mobile Capital Expenditure Reserve; General CapEx and TILC Reserve   4/1/2019 2/13/2019 N/A 3/19/2019 3/19/2019
Loan 5 5.00 9201 West Sunset Boulevard N/A   3/13/2019 2/20/2019 N/A 2/19/2019 2/15/2019
Loan 5, 9, 12 6.00 Central Tower Existing TI/LC Obligations Reserve   3/29/2019 2/27/2019 N/A 2/27/2019 3/14/2019
Loan 10 7.00 Marriott Hanover PIP Reserve   3/25/2019 1/30/2019 N/A 1/31/2019 N/A
Loan 5 8.00 Westin Atlanta Airport PIP Reserve   3/7/2019 3/1/2019 N/A 3/1/2019 N/A
Loan 5, 6 9.00 ILPT Hawaii Portfolio N/A   Various Various N/A Various N/A
Loan 5 10.00 Great Wolf Lodge Southern California Excess FF&E Reserve   12/19/2018 12/6/2018 N/A 12/6/2018 12/6/2018
Loan   11.00 801 Barton Springs N/A   4/11/2019 2/14/2019 N/A 3/22/2019 N/A
Loan 8 12.00 Millennium Park Rent Concession Reserve; Existing TI/LC Reserve   3/19/2019 3/7/2019 N/A 2/22/2019 N/A
Loan   13.00 Cubesmart - Brooklyn N/A   4/8/2019 3/11/2019 N/A 3/11/2019 N/A
Loan 10 14.00 Hilton Garden Inn Las Colinas PIP Reserve   4/15/2019 2/6/2019 N/A 2/12/2019 N/A
Loan   15.00 Regency Gardens Apartment Corp. N/A   4/29/2019 3/27/2019 N/A 3/28/2019 N/A
Loan 8 16.00 Gardena Plaza Landlord Obligations Reserve; Gap Rent Reserve; Additional Tax Reserve (99 Cents)   4/15/2019 3/26/2019 N/A 3/11/2019 3/11/2019
Loan   17.00 Lincoln Square Rent Concessions Reserve; Florida Spine TI/LC Reserve; Florida Spine Occupancy Reserve; Florida Spine Leasing Commissions Reserve 4/8/2019 4/4/2019 N/A 3/13/2019 N/A
Loan   18.00 Shoppes at 41st Street N/A   4/24/2019 4/26/2019 N/A 4/26/2019 N/A
Loan 9 19.00 Revere Plastics N/A   3/6/2019 12/18/2018 N/A 2/8/2019 N/A
Loan 10 20.00 CVS Office Existing TI/LC Reserve; Rent Concession Reserve   3/11/2019 3/4/2019 N/A 3/5/2019 N/A
Loan   21.00 Walgreens - St. Paul N/A   3/26/2019 3/15/2019 N/A 3/14/2019 N/A
Loan   22.00 Park Lane North Owners, Inc. N/A   2/6/2019 2/4/2019 N/A 2/6/2019 N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State N/A            
Property   23.01 50 South Liberty     3/6/2019 2/15/2019 N/A 2/15/2019 N/A
Property   23.02 925 North State     3/5/2019 2/13/2019 N/A 2/4/2019 N/A
Loan 10, 13 24.00 2650 Camino Del Rio North Debt Yield Reserve Funds; Landlord Obligation Reserve; Rent Concession Reserve Funds   3/19/2019 3/4/2019 N/A 3/4/2019 3/4/2019
Loan   25.00 Elk Grove Crossing Free Rent Reserve; Seller Credit Reserve; Landlord Obligations Reserve   2/14/2019 2/6/2019 N/A 2/6/2019 2/6/2019
Loan   26.00 Winter Park Self Storage N/A   3/4/2019 2/20/2019 N/A 2/20/2019 N/A
Loan   27.00 Wyndham Garden Duluth PIP Completion   11/13/2018 11/6/2018 N/A 11/6/2018 N/A
Loan   28.00 Rancho Viejo N/A   2/20/2019 4/30/2018 N/A 12/28/2018 3/18/2019
Loan   29.00 McGalliard Mall Shoppes N/A   3/18/2019 3/7/2019 N/A 3/6/2019 N/A
Loan   30.00 Scott Labs - Petaluma N/A   3/19/2019 3/12/2019 N/A 3/5/2019 3/5/2019
Loan   31.00 South Plaza Vista Rent Concession Reserve   1/30/2019 1/10/2019 N/A 1/10/2019 N/A
Loan   32.00 CLC-EZ Storage Utica N/A   3/25/2019 3/12/2019 N/A 3/12/2019 N/A
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 N/A   4/10/2019 3/21/2019 N/A 3/21/2019 3/21/2019
Loan   34.00 Knights Court Free Rent; Outstanding TI   3/5/2019 2/12/2019 N/A 2/12/2019 N/A
Loan   35.00 Stonegate Apartments N/A   2/19/2019 2/20/2019 N/A 2/20/2019 N/A
Loan   36.00 Greenwood Arms Cooperative Corp. N/A   1/10/2019 12/19/2018 N/A 12/26/2018 N/A
Loan   37.00 800 Wilcrest Drive N/A   1/22/2019 1/4/2019 N/A 1/7/2019 N/A
Loan   38.00 Talbot Apartments, Inc. N/A   4/17/2019 3/25/2019 N/A 5/2/2019 N/A
Loan   39.00 Queens Boulevard Tenants Corp. N/A   2/7/2019 1/29/2019 N/A 1/30/2019 N/A
Loan   40.00 Sea Cliff Towers Owners Corp. N/A   12/14/2018 12/12/2018 N/A 12/17/2018 N/A
Loan   41.00 Courtview Owners Corp. N/A   12/17/2018 12/17/2018 N/A 12/18/2018 N/A
Loan 14, 15 42.00 Mokena Professional Center Performance Reserve; Grotta Work Reserve   4/1/2019 3/12/2019 N/A 3/13/2019 N/A
Loan   43.00 Alden Properties Tenants Corp. Collateral Security Agreement for Capital Improvements   3/15/2019 2/13/2019 N/A 2/21/2019 N/A
Loan   44.00 Westerfield Townhouses Cooperative, Inc. N/A   2/27/2019 1/7/2019 N/A 2/12/2019 N/A
Loan   45.00 1440 Renaissance Drive Free Rent Reserve - XL.net; Free Rent Reserve - Food Industry News   3/15/2019 3/6/2019 N/A 3/6/2019 N/A
Loan 10 46.00 Buda Shops Upfront Reserve; Buda Vision Reserve   2/19/2019 N/A N/A 2/7/2019 N/A
Loan   47.00 Hewlett Park Apartment Owners, Inc. N/A   4/23/2019 4/19/2019 N/A 4/18/2019 N/A
Loan   48.00 Boulevard Apartments, Inc. N/A   4/10/2019 3/25/2019 N/A 4/3/2019 N/A
Loan   49.00 The 1261 LaVista Cooperative, Inc. Repairs and Remediation Reserve for Roof Work   3/22/2019 3/26/2019 N/A 3/21/2019 N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. N/A   1/15/2019 1/7/2019 N/A 1/8/2019 N/A
Loan   51.00 Coachella Valley Storage N/A   3/4/2019 N/A N/A 3/12/2019 3/15/2019
Loan   52.00 Park Terrace Arms Corp. Collateral Security Agreement for Capital Improvements   12/26/2018 12/26/2018 N/A 12/26/2018 N/A
Loan   53.00 130 West 16 Owners Inc. N/A   3/25/2019 3/18/2019 N/A 3/18/2019 N/A
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. N/A   3/1/2019 2/19/2019 N/A 2/22/2019 N/A
Loan 9 55.00 111-117 West 96th Street Owners, Inc. N/A   12/7/2018 12/3/2018 N/A 12/6/2018 N/A
Loan   56.00 220 Chestnut Street Owners Corp. N/A   2/20/2019 2/19/2019 N/A 2/19/2019 N/A
Loan   57.00 City Centre Apartment Corp. Collateral Security Agreement for Environmental Items   1/30/2019 11/15/2018 N/A 11/16/2018 N/A

 

A-1-15 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name Seismic Zone (Y/N) PML %   Cut-off Date
Pari Passu Mortgage
Debt Balance
Coop - Committed Secondary Debt Cut-off Date
Subord. Mortgage
Debt Balance
Total Mortgage
Debt Cut-off
Date LTV Ratio
Total Mortgage
Debt UW
NCF DSCR
Total Mortgage
Debt UW NOI
Debt Yield
  Cut-off Date
Mezzanine
Debt Balance
Total Debt
Cut-off Date
LTV Ratio
Total
Debt UW
NCF DSCR
Total Debt
UW NOI
Debt Yield
Loan 5, 10 1.00 350 Bush Street Yes - 4 13.0%   $85,000,000     35.4% 3.42x 14.2%   $100,000,000 54.6% 2.30x 9.2%
Loan 5, 7, 8, 9 2.00 The Alhambra Yes - 4 12.0%   $50,000,000     65.1% 2.36x 10.9%          
Loan 5, 9 3.00 Ford Factory Yes - 4 9.0%   $40,000,000     57.0% 1.81x 8.5%          
Loan 5, 11 4.00 Newport Corporate Center Yes - 3 10.0%   $90,200,000   $148,000,000 65.5% 2.34x 10.6%          
Loan 5 5.00 9201 West Sunset Boulevard Yes - 4 11.0%   $65,000,000     64.6% 1.87x 8.7%          
Loan 5, 9, 12 6.00 Central Tower Yes - 4 19.0%   $34,300,000     52.6% 2.32x 10.3%          
Loan 10 7.00 Marriott Hanover No N/A                        
Loan 5 8.00 Westin Atlanta Airport No N/A   $14,980,674     69.1% 2.07x 14.6%          
Loan 5, 6 9.00 ILPT Hawaii Portfolio No N/A   $610,000,000     45.2% 2.40x 10.6%          
Loan 5 10.00 Great Wolf Lodge Southern California Yes - 4 4.0%   $110,000,000   $20,000,000 56.1% 1.89x 12.9%          
Loan   11.00 801 Barton Springs No N/A                        
Loan 8 12.00 Millennium Park No N/A                        
Loan   13.00 Cubesmart - Brooklyn No N/A                        
Loan 10 14.00 Hilton Garden Inn Las Colinas No N/A                        
Loan   15.00 Regency Gardens Apartment Corp. No N/A     $1,000,000   11.7% 5.71x 33.0%          
Loan 8 16.00 Gardena Plaza Yes - 4 18.0%                        
Loan   17.00 Lincoln Square No N/A                        
Loan   18.00 Shoppes at 41st Street No N/A                        
Loan 9 19.00 Revere Plastics No N/A                        
Loan 10 20.00 CVS Office No N/A                        
Loan   21.00 Walgreens - St. Paul No N/A                        
Loan   22.00 Park Lane North Owners, Inc. No N/A     $500,000   14.1% 3.89x 23.3%          
Loan 6, 7 23.00 50 South Liberty & 925 North State                            
Property   23.01 50 South Liberty No N/A                        
Property   23.02 925 North State No N/A                        
Loan 10, 13 24.00 2650 Camino Del Rio North Yes - 4 13.0%                        
Loan   25.00 Elk Grove Crossing Yes - 4 7.0%                        
Loan   26.00 Winter Park Self Storage No N/A                        
Loan   27.00 Wyndham Garden Duluth No N/A                        
Loan   28.00 Rancho Viejo Yes - 3 7.0%                        
Loan   29.00 McGalliard Mall Shoppes No N/A                        
Loan   30.00 Scott Labs - Petaluma Yes - 4 14.0%                        
Loan   31.00 South Plaza Vista No N/A                        
Loan   32.00 CLC-EZ Storage Utica No N/A                        
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55 Yes - 4 18.0%                        
Loan   34.00 Knights Court No N/A                        
Loan   35.00 Stonegate Apartments No N/A                        
Loan   36.00 Greenwood Arms Cooperative Corp. No N/A     $250,000   17.4% 7.05x 35.6%          
Loan   37.00 800 Wilcrest Drive No N/A                        
Loan   38.00 Talbot Apartments, Inc. No N/A     $500,000   19.0% 2.79x 15.1%          
Loan   39.00 Queens Boulevard Tenants Corp. No N/A     $500,000   10.6% 4.99x 30.0%          
Loan   40.00 Sea Cliff Towers Owners Corp. No N/A     $500,000   15.1% 5.65x 34.3%          
Loan   41.00 Courtview Owners Corp. No N/A     $750,000   10.4% 4.66x 34.6%          
Loan 14, 15 42.00 Mokena Professional Center No N/A                        
Loan   43.00 Alden Properties Tenants Corp. No N/A     $500,000   35.7% 4.04x 17.9%          
Loan   44.00 Westerfield Townhouses Cooperative, Inc. No N/A     N/A                  
Loan   45.00 1440 Renaissance Drive No N/A                        
Loan 10 46.00 Buda Shops No N/A                        
Loan   47.00 Hewlett Park Apartment Owners, Inc. No N/A     N/A                  
Loan   48.00 Boulevard Apartments, Inc. No N/A     $500,000   12.8% 5.48x 28.3%          
Loan   49.00 The 1261 LaVista Cooperative, Inc. No N/A     N/A                  
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc. No N/A     $500,000   1.9% 41.73x 194.0%          
Loan   51.00 Coachella Valley Storage Yes - 4 13.0%                        
Loan   52.00 Park Terrace Arms Corp. No N/A     $500,000   11.6% 4.32x 26.2%          
Loan   53.00 130 West 16 Owners Inc. No N/A     $500,000   5.6% 9.66x 54.7%          
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc. No N/A     $250,000   17.7% 7.43x 35.7%          
Loan 9 55.00 111-117 West 96th Street Owners, Inc. No N/A     $300,000   5.5% 8.73x 54.1%          
Loan   56.00 220 Chestnut Street Owners Corp. No N/A     $250,000   29.5% 4.48x 28.0%          
Loan   57.00 City Centre Apartment Corp. No N/A     $350,000 $300,000 17.9% 5.36x 33.9%          

 

A-1-16 

 

Annex A-1 - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS

 

Property
Flag
Footnotes Loan ID Property Name   Coop - Rental Value Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/
Investor Carry
Loan 5, 10 1.00 350 Bush Street                
Loan 5, 7, 8, 9 2.00 The Alhambra                
Loan 5, 9 3.00 Ford Factory                
Loan 5, 11 4.00 Newport Corporate Center                
Loan 5 5.00 9201 West Sunset Boulevard                
Loan 5, 9, 12 6.00 Central Tower                
Loan 10 7.00 Marriott Hanover                
Loan 5 8.00 Westin Atlanta Airport                
Loan 5, 6 9.00 ILPT Hawaii Portfolio                
Loan 5 10.00 Great Wolf Lodge Southern California                
Loan   11.00 801 Barton Springs                
Loan 8 12.00 Millennium Park                
Loan   13.00 Cubesmart - Brooklyn                
Loan 10 14.00 Hilton Garden Inn Las Colinas                
Loan   15.00 Regency Gardens Apartment Corp.   $114,300,000 14.6% 42.8% 188 43 2 Sponsor Units: $1,163,800.56, Investor units: NAV
Loan 8 16.00 Gardena Plaza                
Loan   17.00 Lincoln Square                
Loan   18.00 Shoppes at 41st Street                
Loan 9 19.00 Revere Plastics                
Loan 10 20.00 CVS Office                
Loan   21.00 Walgreens - St. Paul                
Loan   22.00 Park Lane North Owners, Inc.   $45,500,000 21.9% 1.0% 0 0 2 N/A
Loan 6, 7 23.00 50 South Liberty & 925 North State                
Property   23.01 50 South Liberty                
Property   23.02 925 North State                
Loan 10, 13 24.00 2650 Camino Del Rio North                
Loan   25.00 Elk Grove Crossing                
Loan   26.00 Winter Park Self Storage                
Loan   27.00 Wyndham Garden Duluth                
Loan   28.00 Rancho Viejo                
Loan   29.00 McGalliard Mall Shoppes                
Loan   30.00 Scott Labs - Petaluma                
Loan   31.00 South Plaza Vista                
Loan   32.00 CLC-EZ Storage Utica                
Loan   33.00 104 North Avenue 56 and 124 North Avenue 55                
Loan   34.00 Knights Court                
Loan   35.00 Stonegate Apartments                
Loan   36.00 Greenwood Arms Cooperative Corp.   $39,600,000 15.1% 0.0% 0 0 0 N/A
Loan   37.00 800 Wilcrest Drive                
Loan   38.00 Talbot Apartments, Inc.   $19,000,000 28.9% 38.8% 50 0 0 $146,010
Loan   39.00 Queens Boulevard Tenants Corp.   $37,700,000 13.9% 8.0% 10 0 0 $68,811
Loan   40.00 Sea Cliff Towers Owners Corp.   $35,000,000 14.2% 0.0% 0 0 0 N/A
Loan   41.00 Courtview Owners Corp.   $34,100,000 13.2% 22.8% 29 0 0 $107,850
Loan 14, 15 42.00 Mokena Professional Center                
Loan   43.00 Alden Properties Tenants Corp.   $14,200,000 28.2% 27.0% 0 20 0 $70,847
Loan   44.00 Westerfield Townhouses Cooperative, Inc.   $19,820,000 19.9% 0.4% 0 0 1 N/A
Loan   45.00 1440 Renaissance Drive                
Loan 10 46.00 Buda Shops                
Loan   47.00 Hewlett Park Apartment Owners, Inc.   $14,700,000 20.6% 1.5% 0 0 1 N/A
Loan   48.00 Boulevard Apartments, Inc.   $17,500,000 16.0% 8.3% 7 0 0 -$8,385
Loan   49.00 The 1261 LaVista Cooperative, Inc.   $7,950,000 33.5% 0.0% 0 0 0 N/A
Loan   50.00 201 W. 89 Owners Inc. a/k/a 201 W. 89 Owners, Inc.   $111,500,000 2.0% 2.0% 2 0 0 -$11,617
Loan   51.00 Coachella Valley Storage                
Loan   52.00 Park Terrace Arms Corp.   $11,600,000 17.2% 3.9% 2 0 0 $1,667
Loan   53.00 130 West 16 Owners Inc.   $27,100,000 6.5% 5.3% 2 0 0 -$10,279
Loan   54.00 Emerald Court, Inc. F/K/A 836-840 Palisade Avenue Owners, Inc.   $11,100,000 13.5% 1.8% 0 1 0 $9,896
Loan 9 55.00 111-117 West 96th Street Owners, Inc.   $17,400,000 8.6% 30.0% 12 0 0 $33,363
Loan   56.00 220 Chestnut Street Owners Corp.   $7,300,000 19.1% 0.0% 0 0 0 N/A
Loan   57.00 City Centre Apartment Corp.   $8,970,000 14.4% 4.6% 3 0 0 -$1,459

 

A-1-17 

 

  BANK 2019-BNK18
   
  Footnotes to Annex A-1
   
(1) BANA—Bank of America, National Association; WFB—Wells Fargo Bank, National Association; MSBNA—Morgan Stanley Bank, N.A.; MSMCH—Morgan Stanley Mortgage Capital Holdings LLC; NCB—National Cooperative Bank, N.A.; NCCB—National Consumer Cooperative Bank; CREF—Citi Real Estate Funding Inc.; UBS AG—UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York; JPMC—JPMorgan Chase Bank, National Association; DBNY—Deutsche Bank AG, New York Branch
   
(2) Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this prospectus for information regarding the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans which are not in occupancy or are in free rent periods.
   
(3) The Administrative Fee Rate includes the master servicing fee rate, operating advisor fee rate, certificate administrator/trustee fee rate, asset representations reviewer fee rate, primary or sub-servicing servicing fee rate, CREFC® license fee rate and, with respect to any non-serviced mortgage loan, pari passu loan primary servicing fee rate, in each case applicable to the related mortgage loan.
   
(4) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at mortgaged properties securing the 15 largest mortgage loans.
   
(5) With respect to Mortgage Loan No.1, 350 Bush Street, Mortgage Loan No. 2, The Alhambra, Mortgage Loan No. 3, Ford Factory, Mortgage Loan No. 4, Newport Corporate Center, Mortgage Loan No. 5, 9201 West Sunset Boulevard, Mortgage Loan No. 6, Central Tower, Mortgage Loan No. 8, Westin Atlanta Airport, Mortgage Loan No. 9, ILPT Hawaii Portfolio and Mortgage Loan No. 10, Great Wolf Lodge Southern California, each such loan is part of a whole loan related to the Issuing Entity. For further information, see “Description of the Mortgage Pool—The Whole Loans—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, “—The Newport Corporate Center A/B Whole Loan,” “—The Great Wolf Lodge Southern California A/B Whole Loan,” and “Pooling and Servicing Agreement” and “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans”, as applicable, in this prospectus.
   
(6) With respect to Mortgage Loan No. 9, ILPT Hawaii Portfolio and Mortgage Loan No. 23, 50 South Liberty & 925 North State, each such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Cut-off Date Balance per SF/Units/Rooms/Pads calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each Mortgaged Property based on the respective Appraised Values and/or UW NCF, among other methods.
   
(7) With respect to Mortgage Loan No. 2, The Alhambra and Mortgage Loan No. 23, 50 South Liberty & 925 North State, the related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, or other release conditions in connection with a partial defeasance or prepayment of the related Mortgage Loan. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Defeasance” and “—Partial Releases; Substitutions; Additions” in this prospectus.
   
(8) With respect to Mortgage Loan No. 2, The Alhambra, Mortgage Loan No. 12, Millennium Park and Mortgage Loan No. 16, Gardena Plaza, the related loan documents permit one or more outparcel or other releases without prepayment or defeasance.  See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases; Substitutions; Additions” in this prospectus.
   
(9) With respect to Mortgage Loan No. 2, The Alhambra, Mortgage Loan No. 3, Ford Factory, Mortgage Loan No. 6, Central Tower, Mortgage Loan No. 19, Revere Plastics and Mortgage Loan No. 55, 111-117 West 96th Street Owners, Inc. the related mortgage loan documents permit future subordinate secured financing or mezzanine financing and such rights are generally subject to compliance with certain combined LTV, DSCR and/or Debt Yield tests.  See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” and “—Other Secured Indebtedness” in this prospectus.
   
(10) With respect to Mortgage Loan No. 1, 350 Bush Street, the Appraised Value assumes that all outstanding free rent, tenant improvements and leasing commissions have been completed for the three tenants occupying the entire mortgaged property. Reserves were taken at loan closing for all outstanding free rent, tenant improvements and leasing commissions.  The appraised value assuming all outstanding free rent, tenant improvements and leasing commissions are not completed is $493,000,000.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $493,000,000 appraised value is 37.5%.
   
  With respect to Mortgage Loan No. 7, Marriott Hanover, the Appraised Value assumes the in process property improvement plan (“PIP”) has been completed.  The PIP is anticipated to be completed in February 2020 and a reserve for all outstanding PIP work was taken at loan closing.   The appraised value assuming the PIP has not been completed is $85,000,000.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio or ARD based on the $85,000,000 appraised value are 70.6% and 65.1%, respectively.
   
  With respect to Mortgage Loan No. 14, Hilton Garden Inn Las Colinas, the Appraised Value assumes the in process property improvement plan (“PIP”) has been completed.  The PIP is anticipated to be completed in February 2020 and a reserve for all outstanding PIP work was taken at closing.   The appraised value assuming the PIP has not been completed is $27,900,000.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $27,900,000 appraised value are 68.1% and 60.3%, respectively.

 

A-1-18 

 

  With respect to Mortgage Loan No. 20, CVS Office, the Appraised Value assumes that sole tenant (58,950 square feet), representing 100.0% of net rentable square feet, is in occupancy of its space and paying full, unabated rent.  The sole tenant is anticipated to be in occupancy of its space by June 2019 and paying unabated rent by May 2020.  Reserves were taken at loan closing for all outstanding free rent, tenant improvements and leasing commissions.  The appraised value assuming all outstanding free rent, tenant improvements and leasing commissions are not completed is $16,950,000.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $16,950,000 appraised value is 64.9%.
   
  With respect to Mortgage Loan No. 24, 2650 Camino Del Rio North, the Appraised Value represents a “prospective market value” assuming the undrawn leasing costs associated with the lease of the third largest tenant, IEC US Holdings, Inc. U.S. Colleges, have been paid as of June 1, 2019.  The full amount of such costs ($176,668 for outstanding tenant allowances and $39,022 for outstanding leasing commissions) was reserved with the lender at loan origination. The As-Is value of $13,100,000 results in a Cut-off Date LTV Ratio of 71.0% and a Maturity Date LTV Ratio of 62.7%.
   
  With respect to Mortgage Loan No. 46, Buda Shops, the Appraised Value assumes the largest tenant (2,285 square feet), representing 19.4% of net rentable square feet, has commenced paying rent and all outstanding tenant improvements have been completed for the fourth largest tenant (1,655 square feet), representing 14.0% of net rentable square feet.  The largest tenant is anticipated to begin paying rent in September 2019 and outstanding tenant improvements are anticipated to be completed for the fourth largest tenant in July 2019.  Reserves for the gap rent and outstanding tenant improvement work were taken at loan closing.   The appraised value assuming the rent has not commenced and tenant improvements have not been completed is $5,500,000.  The Cut-off Date LTV Ratio and Maturity Date LTV Ratio based on the $5,500,000 appraised value are 63.6% and 58.7%, respectively.
   
(11)  With respect to Mortgage Loan No. 4, Newport Corporate Center, the general TILC reserve can also be used for capital expenditures.
   
(12) With respect to Mortgage Loan No. 6, Central Tower, in order to avoid a cash sweep event period commencing upon the debt service coverage ratio falling below 1.70x, the borrowers may prepay a portion of the outstanding principal balance of the related Whole Loan in accordance with the Whole Loan documents in an amount sufficient to end such cash sweep event.  Such prepayment does not require yield maintenance.
   
(13) With respect to Mortgage Loan No. 24, 2650 Camino Del Rio North, the related mortgage loan documents include an upfront $1,000,000 debt yield reserve that will be released to the borrower if the Mortgaged Property achieves a debt yield of 8.64% on or before December 1, 2020. If the debt yield threshold is not met, at the option of the lender, the borrower will be required to prepay the principal balance of the Mortgage Loan by $1,000,000 (to be disbursed to the borrower from the reserve) plus a yield maintenance penalty.
   
(14) With respect to Mortgage Loan No. 42, Mokena Professional Center, the first payment date for the Mortgage Loan is July 1, 2019. On the Closing Date, Morgan Stanley will deposit sufficient funds to pay the amount of interest that would be due with respect to a June 1, 2019 payment for the Mortgage Loan. Seasoning (mos.), Prepayment Provisions (No. of Payments), Original Term to Maturity (mos.), Original Interest-only Period (mos.) First Payment Date, Remaining Term to Maturity (mos.) and Remaining Interest-Only Period (mos.) are inclusive of the additional June 1, 2019 interest-only payment funded by Morgan Stanley on the loan Closing Date.
   
(15) With respect to Mortgage Loan No. 42, Mokena Professional Center, the Occupancy Rate is inclusive of the largest tenant, Presence Life Connections, which will be vacating approximately 9,100 SF by December 1, 2019. No rent associated with the space expected to be downsized has been underwritten; however, the underwriting assumes that approximately 50% of such space is relet at $14.00 per SF. This vacancy will result in an Occupancy Rate 81.6%.
   
   
  A. Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) one percent (1%) of the outstanding principal amount of the Mortgage Loan or (b) the present value as of the Prepayment Date of the Calculated Payments from the Prepayment Date through the Open Prepayment Date determined by discounting such payments at the Discount Rate. As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of the Loan being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (i) the Interest Rate and (ii) the Yield Maintenance Treasury Rate. As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
  B. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Open Prepayment Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Open Prepayment Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as

 

A-1-19 

 

  applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
  C. “Yield Maintenance” shall mean an amount equal to the greater of (i) one percent (1%) of the principal amount of the Loan being prepaid, and (ii) the present value as of the Prepayment Calculation Date of a series of monthly payments over the remaining term of the Loan through and including the Maturity Date each equal to the amount of interest which would be due on the principal amount of the Loan being prepaid assuming a per annum interest rate equal to the excess of the Interest Rate over the Reinvestment Yield, and discounted at the Reinvestment Yield. As used herein, “Reinvestment Yield” means the yield calculated by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading “U.S. government securities” and the sub-heading “Treasury constant maturities” for the week ending prior to the date of prepayment, of the U.S. Treasury constant maturities with maturity dates (one longer and one equal to or shorter) most nearly approximating the Maturity Date, and converted to a monthly compounded nominal yield. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Reinvestment Yield. The “Prepayment Calculation Date” shall mean, as applicable, the Payment Date on which Lender applies any prepayment to the reduction of the outstanding principal amount of the Note. Lender’s calculation of Yield Maintenance shall be conclusive and binding absent manifest error.
   
  D. “Yield Maintenance Premium” shall mean an amount equal to the greater of: (a) an amount equal to the Applicable Percentage of the amount prepaid; or (b) an amount equal to (i) the amount, if any, by which the sum of the present values as of the prepayment date of all unpaid principal and interest payments required hereunder, calculated by discounting such payments from the respective dates each such payment was due hereunder (or, with respect to the payment required on the Maturity Date (assuming the outstanding principal balance of the Loan is due on the Maturity Date), from the Maturity Date) back to the prepayment date at a discount rate equal to the Periodic Treasury Yield (defined below) exceeds the outstanding principal balance of the Loan as of the prepayment date, multiplied by (ii) a fraction whose numerator is the amount prepaid and whose denominator is the outstanding principal balance of the Loan as of the prepayment date.  For purposes of the foregoing, “Periodic Treasury Yield” shall mean (y) the annual yield to maturity of the actively traded non-callable United States Treasury fixed interest rate security (other than any such security which can be surrendered at the option of the holder at face value in payment of federal estate tax or which was issued at a substantial discount) that has a maturity closest to (whether before, on or after) the Maturity Date (or if two or more such securities have maturity dates equally close to the Maturity Date, the average annual yield to maturity of all such securities), as reported in The Wall Street Journal or other authoritative publication or news retrieval service on the fifth Business Day preceding the prepayment date, divided by (z) 12.  Lender’s calculation of the Yield Maintenance Premium, and all component calculations, shall be conclusive and binding on Borrower absent manifest error.
   
  E. Yield Maintenance Premium” shall mean an amount equal to the greater of: (x) one percent (1%) of the principal amount of this Note being prepaid or (y) the present value as of the Prepayment Date (defined below) of the Calculated Payments (defined below) from the Prepayment Date through the Maturity Date determined by discounting such payments at the Discount Rate (defined below). As used in this definition, the term “Prepayment Date” shall mean the date on which prepayment is made. As used in this definition, the term “Calculated Payments” shall mean the monthly payments of interest only which would be due based on the principal amount of this Note being prepaid on the Prepayment Date and assuming an interest rate per annum equal to the difference (if such difference is greater than zero) between (1) the Applicable Interest Rate and (2) the Yield Maintenance Treasury Rate (defined below). As used in this definition, the term “Discount Rate” shall mean the rate which, when compounded monthly, is equivalent to the Yield Maintenance Treasury Rate, when compounded semi-annually. As used in this definition, the term “Yield Maintenance Treasury Rate” shall mean the yield calculated by Lender by the linear interpolation of the yields, as reported in the Federal Reserve Statistical Release H.15-Selected Interest Rates under the heading U.S. Government Securities/Treasury Constant Maturities for the week ending prior to the Prepayment Date, of U.S. Treasury Constant Maturities with maturity dates (one longer or one shorter) most nearly approximating the Maturity Date. In the event Release H.15 is no longer published, Lender shall select a comparable publication to determine the Yield Maintenance Treasury Rate. In no event, however, shall Lender be required to reinvest any prepayment proceeds in U.S. Treasury obligations or otherwise.
   
  F. Yield Maintenance Premium shall be equal to the greater of: (A) One percent (1%) of the amount of principal being prepaid; or (B) The product obtained by multiplying: (1) the amount of principal being prepaid, by (2) the difference obtained by subtracting from the Interest Rate on this Note the Yield Rate (as defined below), on the twenty-fifth Business Day preceding (x) the Noticed Prepayment Date, or (y) the date Payee accelerates the indebtedness evidenced by this Note or, except with respect to a Casualty Prepayment (as to which no Prepayment Premium shall be payable), otherwise accepts a prepayment by reason of Payee’s application of any collateral or other security to the repayment of any portion of the unpaid principal balance of this Note prior to the Maturity Date and in the absence of acceleration, by (3) the present value factor calculated using the following formula:

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

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

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

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

 

A-1-20 

 

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

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

 

A-1-21