0001539497-15-000093.txt : 20150130 0001539497-15-000093.hdr.sgml : 20150130 20150130171226 ACCESSION NUMBER: 0001539497-15-000093 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 0001013611 FILED AS OF DATE: 20150130 DATE AS OF CHANGE: 20150130 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JPMBB Commercial Mortgage Securities Trust 2015-C27 CENTRAL INDEX KEY: 0001630690 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-190246-12 FILM NUMBER: 15563999 BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP CENTRAL INDEX KEY: 0001013611 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133789046 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP DATE OF NAME CHANGE: 19960506 FWP 1 n434_anxa1.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-190246-12
     
 
 
 
 
 
 
 
 
 
The depositor has filed a registration statement (including a prospectus) with the SEC for the offering to which this free writing prospectus relates.  Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing trust and this offering.  You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.  Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-400-7834 or emailing cmbs-prospectus@jpmorgan.com.
 
The information in this file (the “File”) is an electronic copy of the information set forth in the Appendix titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the free writing prospectus and/or prospectus.  This File does not contain all information that is required to be included in the base prospectus and the prospectus supplement.  This File should be reviewed only in conjunction with the entire free writing prospectus and/or prospectus.  Prospective investors are advised to read carefully, and should rely on, the free writing prospectus and/or prospectus relating to the Certificates referred to herein in making their investment decision.
 
The information in this File may be amended and/or supplemented prior to the time of sale.  The information in this File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.
 
Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the free writing prospectus and/or prospectus.  The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.
 
Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded.  Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system.
 
 
 
 
 
 
 
 
 
 

 
  
ANNEX A-1
                                             
                               
Number of
 
Property
 
Property
   
Loan #
 
Seller(1)
 
Property Name
 
Street Address
 
City
 
State
 
Zip Code
 
County
 
Properties
 
Type
 
Subtype
 
Year Built
1
 
JPMCB
 
The Club Row Building
 
28 West 44th Street
 
New York
 
NY
 
10036
 
New York
 
1
 
Office
 
CBD
 
1920
2
 
SMF II
 
One Campus Martius
 
1 Campus Martius
 
Detroit
 
MI
 
48226
 
Wayne
 
1
 
Office
 
CBD
 
2003
3
 
Barclays
 
The Branson at Fifth
 
15 West 55th Street
 
New York
 
NY
 
10019
 
New York
 
1
 
Mixed Use
 
Retail/Multifamily
 
1915
4
 
RCMC
 
717 14th Street
 
717 14th Street Northwest
 
Washington
 
DC
 
20005
 
District of Columbia
1
 
Office
 
CBD
 
1928
5
 
JPMCB
 
Shaner Hotels Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
4
 
Hotel
 
Various
 
Various
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
 
49 Americas Cup Avenue
 
Newport
 
RI
 
02840
 
Newport
 
1
 
Hotel
 
Full Service
 
1972
5.02
 
JPMCB
 
Courtyard - Jacksonville
 
1617 1st Street North
 
Jacksonville Beach
 
FL
 
32250
 
Duval
 
1
 
Hotel
 
Limited Service
 
1969
5.03
 
JPMCB
 
Durham Marriott City Center
 
201 Foster Street
 
Durham
 
NC
 
27701
 
Durham
 
1
 
Hotel
 
Full Service
 
1989
5.04
 
JPMCB
 
Residence Inn - Edina
 
3400 Edinborough Way
 
Edina
 
MN
 
55435
 
Hennepin
 
1
 
Hotel
 
Extended Stay
 
1989
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
1155 Buck Creek Road
 
Simpsonville
 
KY
 
40067
 
Shelby
 
1
 
Retail
 
Outlet Center
 
2014
7
 
JPMCB
 
Plymouth Road Tech Center
 
28100-28400 Plymouth Road
 
Livonia
 
MI
 
48150
 
Wayne
 
1
 
Industrial
 
Warehouse/Distribution
 
1955
8
 
JPMCB
 
Legacy Apartments
 
761 Rice Road
 
Ridgeland
 
MS
 
39157
 
Madison
 
1
 
Multifamily
 
Garden
 
2004
9
 
SMF II
 
4141 North Scottsdale Road
 
4141 North Scottsdale Road
 
Scottsdale
 
AZ
 
85251
 
Maricopa
 
1
 
Office
 
Suburban
 
1989
10
 
JPMCB
 
Hotel Abri
 
127 Ellis Street
 
San Francisco
 
CA
 
94102
 
San Francisco
 
1
 
Hotel
 
Full Service
 
1907
11
 
Barclays
 
Prescott Place I & II
 
Various
 
Mesquite
 
TX
 
75150
 
Dallas
 
2
 
Multifamily
 
Garden
 
Various
11.01
 
Barclays
 
Prescott Place II
 
2861 Franklin Drive
 
Mesquite
 
TX
 
75150
 
Dallas
 
1
 
Multifamily
 
Garden
 
1983
11.02
 
Barclays
 
Prescott Place I
 
2701 Franklin Drive
 
Mesquite
 
TX
 
75150
 
Dallas
 
1
 
Multifamily
 
Garden
 
1982
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
2223 Palomar Airport Road
 
Carlsbad
 
CA
 
92011
 
San Diego
 
1
 
Hotel
 
Extended Stay
 
2008
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
1715 Old Spanish Trail
 
Houston
 
TX
 
77054
 
Harris
 
1
 
Hotel
 
Limited Service
 
1997
14
 
SMF II
 
AOK Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
29
 
Various
 
Various
 
Various
14.01
 
SMF II
 
Palo Alto Office
 
825 San Antonio Road
 
Palo Alto
 
CA
 
94303
 
Santa Clara
 
1
 
Office
 
Suburban
 
1958
14.02
 
SMF II
 
Palo Alto Retail
 
454-460 Cambridge Avenue
 
Palo Alto
 
CA
 
94306
 
Santa Clara
 
1
 
Retail
 
Unanchored
 
1951
14.03
 
SMF II
 
Kmart Corbin
 
14662 North US Highway 25 East
 
Corbin
 
KY
 
40701
 
Knox
 
1
 
Retail
 
Freestanding
 
1977
14.04
 
SMF II
 
Western Dental San Jose
 
1871 Camden Avenue
 
San Jose
 
CA
 
95124
 
Santa Clara
 
1
 
Retail
 
Freestanding
 
1990
14.05
 
SMF II
 
Meineke Napa
 
713 Silverado Trail
 
Napa
 
CA
 
94559
 
Napa
 
1
 
Retail
 
Freestanding
 
1993
14.06
 
SMF II
 
Arbys Roswell
 
10601 Alpharetta Highway
 
Roswell
 
GA
 
30076
 
Fulton
 
1
 
Retail
 
Freestanding
 
2000
14.07
 
SMF II
 
Oconto Warehouse
 
206 Charles Street
 
Oconto
 
WI
 
54153
 
Oconto
 
1
 
Industrial
 
Warehouse
 
1988
14.08
 
SMF II
 
Dollar General Laredo (Mines)
 
10118 Mines Road
 
Laredo
 
TX
 
78045
 
Webb
 
1
 
Retail
 
Freestanding
 
2003
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
 
3800 South Zapata Highway
 
Laredo
 
TX
 
78046
 
Webb
 
1
 
Retail
 
Freestanding
 
2003
14.10
 
SMF II
 
Arby’s Marietta
 
2626 Sandy Plains Road
 
Marietta
 
GA
 
30066
 
Cobb
 
1
 
Retail
 
Freestanding
 
2000
14.11
 
SMF II
 
Chili’s Silsbee
 
1010 Highway 96 Bypass
 
Silsbee
 
TX
 
77656
 
Hardin
 
1
 
Retail
 
Freestanding
 
2006
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
 
10265 Folsom Boulevard
 
Rancho Cordova
 
CA
 
95670
 
Sacramento
 
1
 
Retail
 
Freestanding
 
1987
14.13
 
SMF II
 
Dollar General Texarkana
 
4615 South Lake Drive
 
Texarkana
 
TX
 
75501
 
Bowie
 
1
 
Retail
 
Freestanding
 
2004
14.14
 
SMF II
 
Family Dollar Tecumseh
 
700 North Broadway Street
 
Tecumseh
 
OK
 
74873
 
Pottawatomie
 
1
 
Retail
 
Freestanding
 
1999
14.15
 
SMF II
 
Papa John’s Lakewood
 
1745 South Wadsworth Boulevard
 
Lakewood
 
CO
 
80232
 
Jefferson
 
1
 
Retail
 
Freestanding
 
1998
14.16
 
SMF II
 
Fazoli’s Normal
 
215 Greenbriar Drive
 
Normal
 
IL
 
61761
 
McLean
 
1
 
Retail
 
Freestanding
 
1999
14.17
 
SMF II
 
Dollar General Cleveland
 
11801 Statesville Boulevard
 
Cleveland
 
NC
 
27013
 
Rowan
 
1
 
Retail
 
Freestanding
 
2005
14.18
 
SMF II
 
Dollar General Allen
 
721 East Main Street
 
Allen
 
TX
 
75002
 
Collin
 
1
 
Retail
 
Freestanding
 
1998
14.19
 
SMF II
 
Rally’s Seymour
 
1507 East Tipton Street
 
Seymour
 
IN
 
47274
 
Jackson
 
1
 
Retail
 
Freestanding
 
1988
14.20
 
SMF II
 
Wendy’s Memphis
 
3196 Austin Peay Highway
 
Memphis
 
TN
 
38128
 
Shelby
 
1
 
Retail
 
Freestanding
 
1974
14.21
 
SMF II
 
Kindercare Humble
 
19151 Timber Forest Drive
 
Humble
 
TX
 
77346
 
Harris
 
1
 
Retail
 
Freestanding
 
1978
14.22
 
SMF II
 
Family Dollar Oklahoma City
 
4411 Northwest 10th Street
 
Oklahoma City
 
OK
 
73107
 
Oklahoma
 
1
 
Retail
 
Freestanding
 
1999
14.23
 
SMF II
 
KFC Bryan
 
3321 South Texas Avenue
 
Bryan
 
TX
 
77802
 
Brazos
 
1
 
Retail
 
Freestanding
 
1986
14.24
 
SMF II
 
Burger King Waupaca
 
1096 West Fulton Street
 
Waupaca
 
WI
 
54981
 
Waupaca
 
1
 
Retail
 
Freestanding
 
1985
14.25
 
SMF II
 
Pizza Hut Gainesville
 
1501 & 1505 Browns Bridge Road
 
Gainesville
 
GA
 
30501
 
Hall
 
1
 
Retail
 
Freestanding
 
1973
14.26
 
SMF II
 
Domino’s Midland
 
604 North Big Spring Street
 
Midland
 
TX
 
79701
 
Midland
 
1
 
Retail
 
Freestanding
 
2002
14.27
 
SMF II
 
Captain D’s Montgomery
 
2386 East South Boulevard
 
Montgomery
 
AL
 
36116
 
Montgomery
 
1
 
Retail
 
Freestanding
 
1977
14.28
 
SMF II
 
Domino’s San Antonio
 
9387 Culebra Road
 
San Antonio
 
TX
 
78251
 
Bexar
 
1
 
Retail
 
Freestanding
 
2000
14.29
 
SMF II
 
Domino’s Belton
 
323 North Main Street
 
Belton
 
TX
 
76513
 
Bell
 
1
 
Retail
 
Freestanding
 
1998
15
 
SMF II
 
Blue Lake Center
 
3500 Blue Lake Drive
 
Birmingham
 
AL
 
35243
 
Jefferson
 
1
 
Office
 
Suburban
 
1982
16
 
JPMCB
 
Lodge at Tiburon
 
1651 Tiburon Boulevard
 
Belvedere Tiburon
 
CA
 
94920
 
Marin
 
1
 
Hotel
 
Full Service
 
1977
17
 
RCMC
 
100 Field Point Road
 
100 Field Point Road
 
Greenwich
 
CT
 
06830
 
Fairfield
 
1
 
Office
 
Suburban
 
1974
18
 
JPMCB
 
South Pointe
 
500 Clinton Center Drive
 
Clinton
 
MS
 
39056
 
Hinds
 
1
 
Office
 
Suburban
 
1996
19
 
RCMC
 
Village at Castle Pines
 
856-880 West Happy Canyon Road
 
Castle Rock
 
CO
 
80108
 
Douglas
 
1
 
Mixed Use
 
Retail/Office
 
2003-2005
20
 
Barclays
 
EZ Storage Pico
 
11470 Tennessee Avenue
 
Los Angeles
 
CA
 
90064
 
Los Angeles
 
1
 
Self Storage
 
Self Storage
 
1960
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
Various
 
Various
 
VA
 
Various
 
Various
 
2
 
Hotel
 
Limited Service
 
Various
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
 
1446 Crossways Boulevard
 
Chesapeake
 
VA
 
23320
 
Chesapeake City
 
1
 
Hotel
 
Limited Service
 
2008
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
1452 Richmond Road
 
Williamsburg
 
VA
 
23185
 
Williamsburg City
 
1
 
Hotel
 
Limited Service
 
2003
22
 
Barclays
 
Memphis Self Storage Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
7
 
Self Storage
 
Self Storage
 
Various
22.01
 
Barclays
 
Airways Self Storage (Southaven)
 
7230 Airways Boulevard
 
Southaven
 
MS
 
38671
 
Desoto
 
1
 
Self Storage
 
Self Storage
 
1995
22.02
 
Barclays
 
Storage Pros Kirby Raines
 
6504 East Raines Road
 
Memphis
 
TN
 
38115
 
Shelby
 
1
 
Self Storage
 
Self Storage
 
1995
22.03
 
Barclays
 
Collierville Mini Storage
 
314 South Mount Pleasant Road
 
Collierville
 
TN
 
38017
 
Shelby
 
1
 
Self Storage
 
Self Storage
 
1999
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
 
9085 Ann Road
 
Southaven
 
MS
 
38671
 
Desoto
 
1
 
Self Storage
 
Self Storage
 
1998
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
 
4720 Getwell Road
 
Memphis
 
TN
 
38118
 
Shelby
 
1
 
Self Storage
 
Self Storage
 
1998
22.06
 
Barclays
 
Winchester Self Storage
 
6714 Winchester Point Cove
 
Memphis
 
TN
 
38115
 
Shelby
 
1
 
Self Storage
 
Self Storage
 
1997
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
 
3891 Thomas Street
 
Memphis
 
TN
 
38127
 
Shelby
 
1
 
Self Storage
 
Self Storage
 
1995
23
 
SMF II
 
Victor Plaza
 
14514 - 14596 7th Street
 
Victorville
 
CA
 
92395
 
San Bernardino
 
1
 
Retail
 
Anchored
 
1968
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
2100 Hackney Place
 
Lexington
 
KY
 
40511
 
Fayette
 
1
 
Hotel
 
Limited Service
 
2008
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
9266 Schulze Drive
 
West Chester
 
OH
 
45069
 
Butler
 
1
 
Hotel
 
Limited Service
 
2005
26
 
Barclays
 
North Regency Center
 
7201-7431 West 91st Street
 
Overland Park
 
KS
 
66212
 
Johnson
 
1
 
Retail
 
Anchored
 
2001
27
 
SMF II
 
Paragon Office Building
 
1060 Maitland Center Commons Boulevard
 
Maitland
 
FL
 
32751
 
Orange
 
1
 
Office
 
Suburban
 
1986
28
 
SMF II
 
AAA Quality Self Storage
 
2681 Walnut Avenue
 
Tustin
 
CA
 
92780
 
Orange
 
1
 
Self Storage
 
Self Storage
 
2001
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
1305 Walnut Street
 
Philadelphia
 
PA
 
19107
 
Philadelphia
 
1
 
Hotel
 
Limited Service
 
1964
30
 
Barclays
 
Mabley Place
 
418 Race Street
 
Cincinnati
 
OH
 
45202
 
Hamilton
 
1
 
Mixed Use
 
Parking/Retail
 
1990
31
 
RCMC
 
Arapahoe Service Center II
 
6446 South Kenton Street
 
Centennial
 
CO
 
80111
 
Arapahoe
 
1
 
Office
 
Suburban
 
1999
32
 
RAIT
 
Value Place Hotels Portfolio
 
Various
 
Various
 
Various
 
Various
 
Various
 
3
 
Hotel
 
Extended Stay
 
Various
32.01
 
RAIT
 
Value Place Greer Duncan
 
255 Frontage Road
 
Duncan
 
SC
 
29334
 
Spartanburg
 
1
 
Hotel
 
Extended Stay
 
2009
32.02
 
RAIT
 
Value Place Riverwatch
 
2995 Riverwatch Parkway
 
Augusta
 
GA
 
30907
 
Richmond
 
1
 
Hotel
 
Extended Stay
 
2008
32.03
 
RAIT
 
Value Place Noland
 
2115 Noland Connector
 
Augusta
 
GA
 
30909
 
Richmond
 
1
 
Hotel
 
Extended Stay
 
2007
33
 
Barclays
 
Kaufman Financial Center
 
30833 Northwestern Highway
 
Farmington Hills
 
MI
 
48334
 
Oakland
 
1
 
Office
 
Suburban
 
1983
34
 
RAIT
 
ZPI Portfolio
 
Various
 
Charlotte
 
NC
 
28217
 
Mecklenburg
 
3
 
Various
 
Various
 
Various
34.01
 
RAIT
 
Coffey Creek Business Park
 
4107-4123 Rose Lake Drive & 1624 Cross Beam Drive
 
Charlotte
 
NC
 
28217
 
Mecklenburg
 
1
 
Industrial
 
Flex
 
1985
 
 
A-1-1

 
 
ANNEX A-1
                                             
                               
Number of
 
Property
 
Property
   
Loan #
 
Seller(1)
 
Property Name
 
Street Address
 
City
 
State
 
Zip Code
 
County
 
Properties
 
Type
 
Subtype
 
Year Built
34.02
 
RAIT
 
Arcade Square
 
756 Tyvola Road
 
Charlotte
 
NC
 
28217
 
Mecklenburg
 
1
 
Office
 
Suburban
 
1980
34.03
 
RAIT
 
Rubin Business Center
 
801 Clanton Road & 920 Blairhill Road
 
Charlotte
 
NC
 
28217
 
Mecklenburg
 
1
 
Industrial
 
Flex
 
1985
35
 
SMF II
 
Fairfield Inn Horseheads
 
1600 County Route 64
 
Horseheads
 
NY
 
14845
 
Chemung
 
1
 
Hotel
 
Limited Service
 
2013
36
 
RAIT
 
New Land Enterprises
 
Various
 
Various
 
WI
 
Various
 
Milwaukee
 
2
 
Various
 
Various
 
Various
36.01
 
RAIT
 
306-316 East Silver Spring Drive
 
306-316 East Silver Spring Drive
 
Whitefish Bay
 
WI
 
53217
 
Milwaukee
 
1
 
Mixed Use
 
Office/Retail
 
1948
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
 
2216-2230 North Farwell Avenue
 
Milwaukee
 
WI
 
53202
 
Milwaukee
 
1
 
Retail
 
Unanchored
 
1927
37
 
JPMCB
 
4302 Westheimer
 
4302 Westheimer Road
 
Houston
 
TX
 
77027
 
Harris
 
1
 
Retail
 
Single Tenant
 
2003
38
 
Barclays
 
Karma Retail Portfolio I
 
Various
 
Various
 
Various
 
Various
 
Various
 
4
 
Retail
 
Various
 
Various
38.01
 
Barclays
 
CVS Pharmacy - Peoria
 
8332 West Thunderbird Road
 
Peoria
 
AZ
 
85381
 
Maricopa
 
1
 
Retail
 
Freestanding
 
2003
38.02
 
Barclays
 
7-Eleven - Fontana
 
16701 Arrow Boulevard
 
Fontana
 
CA
 
92335
 
San Bernardino
 
1
 
Retail
 
Unanchored
 
2013
38.03
 
Barclays
 
Burger King - Blythe
 
379 South Lovekin Boulevard
 
Blythe
 
CA
 
92225
 
Riverside
 
1
 
Retail
 
Freestanding
 
1986
38.04
 
Barclays
 
Domino’s - Oceanside
 
2858 Thunder Drive
 
Oceanside
 
CA
 
92056
 
San Diego
 
1
 
Retail
 
Freestanding
 
1975
39
 
Barclays
 
Winkworth Apartments
 
3179 Bellevue Avenue
 
Syracuse
 
NY
 
13219
 
Onondaga
 
1
 
Multifamily
 
Garden
 
1970
40
 
RAIT
 
Row 31 Townhomes
 
2650 North Humboldt Boulevard
 
Milwaukee
 
WI
 
53212
 
Milwaukee
 
1
 
Multifamily
 
Garden
 
2014
41
 
JPMCB
 
110 Halsted Street
 
110 Halsted Street
 
East Orange
 
NJ
 
07018
 
Essex
 
1
 
Multifamily
 
Mid Rise
 
2014
42
 
RAIT
 
S&T Bank Ground Lease
 
1077 Freeport Road
 
Pittsburgh
 
PA
 
15238
 
Allegheny
 
1
 
Other
 
Leased Fee
 
2007
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
772 West Independence Boulevard
 
Mount Airy
 
NC
 
27030
 
Surry
 
1
 
Retail
 
Freestanding
 
2004
44
 
SMF II
 
Colton House & Golfview Apartments
 
3363 Warrensville Center Road & 20825-20875 Chagrin Boulevard
 
Shaker Heights
 
OH
 
44122
 
Cuyahoga
 
1
 
Multifamily
 
Garden
 
1942, 1946
 
 
A-1-2

 
 
ANNEX A-1
                                                                 
                                               
Original
     
Current
       
           
Year
     
 Unit of
     
Occupancy
 
Appraised
 
Appraisal
 
Current
 
Original
 
Balance
 
Current
 
Balance
 
% of Initial
 
Crossed
Loan #
 
Seller(1)
 
Property Name
 
Renovated
 
Units(2)
 
Measure
 
Occupancy %(3)
 
Date
 
Value ($)(4)
 
Date
 
LTV %(4)
 
Balance ($)(5)(6)
 
per Unit ($)
 
Balance ($)(5)(6)
 
per Unit ($)
 
Pool Balance
 
Loan
1
 
JPMCB
 
The Club Row Building
 
2014
 
365,819
 
Square Feet
 
96.1%
 
10/01/14
 
250,000,000
 
12/01/14
 
62.0%
 
110,000,000
 
424
 
110,000,000
 
424
 
13.1%
 
No
2
 
SMF II
 
One Campus Martius
     
965,078
 
Square Feet
 
99.9%
 
01/01/15
 
188,000,000
 
11/11/14
 
66.5%
 
75,000,000
 
130
 
75,000,000
 
130
 
9.0%
 
No
3
 
Barclays
 
The Branson at Fifth
 
2014
 
59,131
 
Square Feet
 
100.0%
 
12/10/14
 
119,000,000
 
12/02/14
 
61.3%
 
73,000,000
 
1,235
 
73,000,000
 
1,235
 
8.7%
 
No
4
 
RCMC
 
717 14th Street
 
2012
 
120,215
 
Square Feet
 
100.0%
 
12/16/14
 
56,000,000
 
09/17/14
 
74.1%
 
41,500,000
 
345
 
41,500,000
 
345
 
5.0%
 
No
5
 
JPMCB
 
Shaner Hotels Portfolio
 
Various
 
605
 
Rooms
 
74.4%
 
10/31/14
 
112,000,000
 
09/01/14
 
68.8%
 
35,000,000
 
127,421
 
35,000,000
 
127,421
 
4.2%
 
No
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
     
133
 
Rooms
 
62.1%
 
10/31/14
 
36,000,000
 
09/01/14
     
11,250,486
     
11,250,486
     
1.3%
   
5.02
 
JPMCB
 
Courtyard - Jacksonville
 
2013
 
150
 
Rooms
 
81.1%
 
10/31/14
 
33,000,000
 
09/01/14
     
10,306,136
     
10,306,136
     
1.2%
   
5.03
 
JPMCB
 
Durham Marriott City Center
 
2008
 
189
 
Rooms
 
73.1%
 
10/31/14
 
22,000,000
 
09/01/14
     
6,878,324
     
6,878,324
     
0.8%
   
5.04
 
JPMCB
 
Residence Inn - Edina
 
2012
 
133
 
Rooms
 
80.9%
 
10/31/14
 
21,000,000
 
09/01/14
     
6,565,054
     
6,565,054
     
0.8%
   
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
     
374,683
 
Square Feet
 
97.5%
 
10/01/14
 
123,000,000
 
11/02/14
 
62.8%
 
32,500,000
 
207
 
32,406,939
 
206
 
3.9%
 
No
7
 
JPMCB
 
Plymouth Road Tech Center
 
2000
 
1,081,215
 
Square Feet
 
98.4%
 
12/01/14
 
44,000,000
 
12/11/14
 
63.6%
 
28,000,000
 
26
 
28,000,000
 
26
 
3.3%
 
No
8
 
JPMCB
 
Legacy Apartments
     
248
 
Units
 
96.4%
 
12/09/14
 
37,950,000
 
12/12/14
 
72.5%
 
27,500,000
 
110,887
 
27,500,000
 
110,887
 
3.3%
 
No
9
 
SMF II
 
4141 North Scottsdale Road
 
2012
 
150,892
 
Square Feet
 
87.0%
 
01/13/15
 
36,100,000
 
11/20/14
 
73.4%
 
26,500,000
 
176
 
26,500,000
 
176
 
3.2%
 
No
10
 
JPMCB
 
Hotel Abri
 
2008
 
91
 
Rooms
 
85.8%
 
11/30/14
 
44,000,000
 
12/01/14
 
52.2%
 
23,000,000
 
252,747
 
22,972,906
 
252,450
 
2.7%
 
No
11
 
Barclays
 
Prescott Place I & II
     
654
 
Units
 
86.4%
 
12/16/14
 
32,200,000
 
09/02/14
 
71.2%
 
23,000,000
 
35,168
 
22,919,771
 
35,046
 
2.7%
 
No
11.01
 
Barclays
 
Prescott Place II
     
336
 
Units
 
88.1%
 
12/16/14
 
16,925,000
 
09/02/14
     
12,089,286
     
12,047,116
     
1.4%
   
11.02
 
Barclays
 
Prescott Place I
     
318
 
Units
 
84.6%
 
12/16/14
 
15,275,000
 
09/02/14
     
10,910,714
     
10,872,655
     
1.3%
   
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
2012
 
145
 
Rooms
 
87.0%
 
09/30/14
 
32,000,000
 
11/03/14
 
62.3%
 
19,950,000
 
137,586
 
19,950,000
 
137,586
 
2.4%
 
No
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
2012
 
120
 
Rooms
 
89.7%
 
09/30/14
 
27,500,000
 
11/13/14
 
66.5%
 
18,300,000
 
152,500
 
18,300,000
 
152,500
 
2.2%
 
No
14
 
SMF II
 
AOK Portfolio
 
Various
 
269,730
 
Square Feet
 
100.0%
 
Various
 
24,465,000
 
Various
 
74.5%
 
18,275,000
 
68
 
18,233,280
 
68
 
2.2%
 
No
14.01
 
SMF II
 
Palo Alto Office
 
2010
 
6,013
 
Square Feet
 
100.0%
 
11/25/14
 
2,540,000
 
10/10/14
     
2,032,000
     
2,027,361
     
0.2%
   
14.02
 
SMF II
 
Palo Alto Retail
 
2000
 
3,340
 
Square Feet
 
100.0%
 
11/25/14
 
2,260,000
 
10/10/14
     
1,582,000
     
1,578,388
     
0.2%
   
14.03
 
SMF II
 
Kmart Corbin
 
1990, 2007
 
86,851
 
Square Feet
 
100.0%
 
02/06/15
 
1,740,000
 
10/05/14
     
1,305,000
     
1,302,021
     
0.2%
   
14.04
 
SMF II
 
Western Dental San Jose
     
3,885
 
Square Feet
 
100.0%
 
02/06/15
 
1,550,000
 
10/09/14
     
935,000
     
932,865
     
0.1%
   
14.05
 
SMF II
 
Meineke Napa
     
4,500
 
Square Feet
 
100.0%
 
02/06/15
 
1,050,000
 
10/03/14
     
840,000
     
838,082
     
0.1%
   
14.06
 
SMF II
 
Arby’s Roswell
     
3,700
 
Square Feet
 
100.0%
 
02/06/15
 
1,100,000
 
10/13/14
     
825,000
     
823,117
     
0.1%
   
14.07
 
SMF II
 
Oconto Warehouse
     
60,000
 
Square Feet
 
100.0%
 
02/06/15
 
920,000
 
10/15/14
     
736,000
     
734,320
     
0.1%
   
14.08
 
SMF II
 
Dollar General Laredo (Mines)
     
9,100
 
Square Feet
 
100.0%
 
02/06/15
 
950,000
 
10/08/14
     
713,000
     
711,372
     
0.1%
   
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
     
9,100
 
Square Feet
 
100.0%
 
02/06/15
 
950,000
 
10/08/14
     
713,000
     
711,372
     
0.1%
   
14.10
 
SMF II
 
Arby’s Marietta
     
3,700
 
Square Feet
 
100.0%
 
02/06/15
 
850,000
 
10/13/14
     
638,000
     
636,543
     
0.1%
   
14.11
 
SMF II
 
Chili’s Silsbee
     
3,916
 
Square Feet
 
100.0%
 
02/06/15
 
800,000
 
10/01/14
     
560,000
     
558,722
     
0.1%
   
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
     
3,600
 
Square Feet
 
100.0%
 
02/06/15
 
720,000
 
10/14/14
     
540,000
     
538,767
     
0.1%
   
14.13
 
SMF II
 
Dollar General Texarkana
     
9,100
 
Square Feet
 
100.0%
 
02/06/15
 
700,000
 
10/15/14
     
525,000
     
523,801
     
0.1%
   
14.14
 
SMF II
 
Family Dollar Tecumseh
     
8,000
 
Square Feet
 
100.0%
 
02/06/15
 
630,000
 
10/09/14
     
504,000
     
502,849
     
0.1%
   
14.15
 
SMF II
 
Papa John’s Lakewood
     
1,199
 
Square Feet
 
100.0%
 
02/06/15
 
650,000
 
10/06/14
     
488,000
     
486,886
     
0.1%
   
14.16
 
SMF II
 
Fazoli’s Normal
     
3,193
 
Square Feet
 
100.0%
 
02/06/15
 
630,000
 
10/16/14
     
473,000
     
471,920
     
0.1%
   
14.17
 
SMF II
 
Dollar General Cleveland
     
9,014
 
Square Feet
 
100.0%
 
02/06/15
 
580,000
 
10/10/14
     
464,000
     
462,941
     
0.1%
   
14.18
 
SMF II
 
Dollar General Allen
     
7,550
 
Square Feet
 
100.0%
 
02/06/15
 
660,000
 
10/15/14
     
462,000
     
460,945
     
0.1%
   
14.19
 
SMF II
 
Rally’s Seymour
     
1,794
 
Square Feet
 
100.0%
 
02/06/15
 
600,000
 
10/06/14
     
450,000
     
448,973
     
0.1%
   
14.20
 
SMF II
 
Wendy’s Memphis
     
2,618
 
Square Feet
 
100.0%
 
02/06/15
 
540,000
 
10/03/14
     
405,000
     
404,075
     
0.0%
   
14.21
 
SMF II
 
Kindercare Humble
 
2003
 
4,700
 
Square Feet
 
100.0%
 
02/06/15
 
570,000
 
10/06/14
     
399,000
     
398,089
     
0.0%
   
14.22
 
SMF II
 
Family Dollar Oklahoma City
     
8,000
 
Square Feet
 
100.0%
 
02/06/15
 
530,000
 
10/09/14
     
398,000
     
397,091
     
0.0%
   
14.23
 
SMF II
 
KFC Bryan
 
2003
 
3,386
 
Square Feet
 
100.0%
 
02/06/15
 
530,000
 
10/06/14
     
398,000
     
397,091
     
0.0%
   
14.24
 
SMF II
 
Burger King Waupaca
     
3,661
 
Square Feet
 
100.0%
 
02/06/15
 
485,000
 
10/08/14
     
388,000
     
387,114
     
0.0%
   
14.25
 
SMF II
 
Pizza Hut Gainesville
     
2,770
 
Square Feet
 
100.0%
 
02/06/15
 
450,000
 
10/13/14
     
338,000
     
337,228
     
0.0%
   
14.26
 
SMF II
 
Domino’s Midland
     
1,698
 
Square Feet
 
100.0%
 
02/06/15
 
390,000
 
10/01/14
     
312,000
     
311,288
     
0.0%
   
14.27
 
SMF II
 
Captain D’s Montgomery
     
2,330
 
Square Feet
 
100.0%
 
02/06/15
 
400,000
 
10/10/14
     
300,000
     
299,315
     
0.0%
   
14.28
 
SMF II
 
Domino’s San Antonio
     
1,512
 
Square Feet
 
100.0%
 
02/06/15
 
350,000
 
09/25/14
     
280,000
     
279,361
     
0.0%
   
14.29
 
SMF II
 
Domino’s Belton
     
1,500
 
Square Feet
 
100.0%
 
02/06/15
 
340,000
 
10/14/14
     
272,000
     
271,379
     
0.0%
   
15
 
SMF II
 
Blue Lake Center
     
166,779
 
Square Feet
 
85.6%
 
11/01/14
 
23,000,000
 
10/01/14
 
75.0%
 
17,240,000
 
103
 
17,240,000
 
103
 
2.1%
 
No
16
 
JPMCB
 
Lodge at Tiburon
 
2012
 
103
 
Rooms
 
80.8%
 
11/30/14
 
29,000,000
 
12/01/14
 
58.6%
 
17,000,000
 
165,049
 
16,979,974
 
164,854
 
2.0%
 
No
17
 
RCMC
 
100 Field Point Road
 
2010
 
25,710
 
Square Feet
 
100.0%
 
01/05/15
 
24,100,000
 
11/17/14
 
67.6%
 
16,300,000
 
634
 
16,280,267
 
633
 
1.9%
 
No
18
 
JPMCB
 
South Pointe
     
395,992
 
Square Feet
 
93.3%
 
09/30/14
 
21,500,000
 
11/24/14
 
67.9%
 
14,625,000
 
37
 
14,604,402
 
37
 
1.7%
 
No
19
 
RCMC
 
Village at Castle Pines
     
108,588
 
Square Feet
 
96.0%
 
11/30/14
 
19,710,000
 
11/07/14
 
71.0%
 
14,000,000
 
129
 
14,000,000
 
129
 
1.7%
 
No
20
 
Barclays
 
EZ Storage Pico
 
2006
 
1,157
 
Units
 
87.4%
 
12/01/14
 
21,750,000
 
12/30/14
 
58.4%
 
12,700,000
 
10,977
 
12,700,000
 
10,977
 
1.5%
 
No
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
Various
 
225
 
Rooms
 
65.1%
 
10/31/14
 
20,300,000
 
Various
 
62.1%
 
12,620,000
 
56,089
 
12,605,787
 
56,026
 
1.5%
 
No
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
     
132
 
Rooms
 
68.6%
 
10/31/14
 
13,200,000
 
09/16/14
     
8,206,108
     
8,196,867
     
1.0%
   
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
2013
 
93
 
Rooms
 
60.2%
 
10/31/14
 
7,100,000
 
09/15/14
     
4,413,892
     
4,408,921
     
0.5%
   
22
 
Barclays
 
Memphis Self Storage Portfolio
     
2,857
 
Units
 
84.1%
 
09/30/14
 
16,925,000
 
11/14/14
 
74.0%
 
12,525,000
 
4,384
 
12,525,000
 
4,384
 
1.5%
 
No
22.01
 
Barclays
 
Airways Self Storage (Southaven)
     
547
 
Units
 
81.4%
 
09/30/14
 
4,325,000
 
11/14/14
     
3,200,000
     
3,200,000
     
0.4%
   
22.02
 
Barclays
 
Storage Pros Kirby Raines
     
365
 
Units
 
93.7%
 
09/30/14
 
2,550,000
 
11/14/14
     
1,887,000
     
1,887,000
     
0.2%
   
22.03
 
Barclays
 
Collierville Mini Storage
     
348
 
Units
 
77.3%
 
09/30/14
 
2,450,000
 
11/14/14
     
1,813,000
     
1,813,000
     
0.2%
   
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
     
377
 
Units
 
72.9%
 
09/30/14
 
2,000,000
 
11/14/14
     
1,480,000
     
1,480,000
     
0.2%
   
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
     
351
 
Units
 
88.0%
 
09/30/14
 
1,900,000
 
11/14/14
     
1,406,000
     
1,406,000
     
0.2%
   
22.06
 
Barclays
 
Winchester Self Storage
     
482
 
Units
 
85.1%
 
09/30/14
 
1,850,000
 
11/14/14
     
1,370,000
     
1,370,000
     
0.2%
   
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
     
387
 
Units
 
91.0%
 
09/30/14
 
1,850,000
 
11/14/14
     
1,369,000
     
1,369,000
     
0.2%
   
23
 
SMF II
 
Victor Plaza
 
2003
 
117,072
 
Square Feet
 
80.0%
 
09/01/14
 
21,600,000
 
12/02/14
 
57.4%
 
12,400,000
 
106
 
12,400,000
 
106
 
1.5%
 
No
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
     
114
 
Rooms
 
74.9%
 
11/30/14
 
16,500,000
 
12/19/14
 
69.7%
 
11,500,000
 
100,877
 
11,500,000
 
100,877
 
1.4%
 
No
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
2012
 
100
 
Rooms
 
75.2%
 
09/30/14
 
16,100,000
 
12/01/15
 
69.7%
 
11,240,000
 
112,400
 
11,224,970
 
112,250
 
1.3%
 
No
26
 
Barclays
 
North Regency Center
     
74,085
 
Square Feet
 
97.3%
 
12/02/14
 
15,900,000
 
11/25/14
 
66.0%
 
10,500,000
 
142
 
10,500,000
 
142
 
1.3%
 
No
27
 
SMF II
 
Paragon Office Building
     
128,847
 
Square Feet
 
87.8%
 
11/01/14
 
14,150,000
 
10/21/14
 
74.2%
 
10,500,000
 
81
 
10,500,000
 
81
 
1.3%
 
No
28
 
SMF II
 
AAA Quality Self Storage
     
813
 
Units
 
95.9%
 
12/26/14
 
14,400,000
 
12/04/14
 
71.8%
 
10,350,000
 
12,731
 
10,337,025
 
12,715
 
1.2%
 
No
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
2014
 
168
 
Rooms
 
79.5%
 
10/31/14
 
22,000,000
 
11/01/14
 
45.4%
 
10,000,000
 
59,524
 
9,987,348
 
59,449
 
1.2%
 
No
30
 
Barclays
 
Mabley Place
 
2014
 
273,448
 
Square Feet
 
97.8%
 
12/05/14
 
14,650,000
 
12/10/14
 
61.3%
 
9,000,000
 
33
 
8,977,284
 
33
 
1.1%
 
No
31
 
RCMC
 
Arapahoe Service Center II
     
79,023
 
Square Feet
 
100.0%
 
12/18/14
 
12,100,000
 
12/08/14
 
70.2%
 
8,500,000
 
108
 
8,500,000
 
108
 
1.0%
 
No
32
 
RAIT
 
Value Place Hotels Portfolio
     
338
 
Rooms
 
73.3%
 
07/31/14
 
12,300,000
 
Various
 
64.7%
 
8,000,000
 
23,669
 
7,961,428
 
23,555
 
1.0%
 
No
32.01
 
RAIT
 
Value Place Greer Duncan
     
120
 
Rooms
 
84.0%
 
07/31/14
 
4,900,000
 
09/04/14
     
3,186,667
     
3,171,302
     
0.4%
   
32.02
 
RAIT
 
Value Place Riverwatch
     
113
 
Rooms
 
69.8%
 
07/31/14
 
3,900,000
 
09/05/14
     
2,536,667
     
2,524,436
     
0.3%
   
32.03
 
RAIT
 
Value Place Noland
     
105
 
Rooms
 
65.0%
 
07/31/14
 
3,500,000
 
09/05/14
     
2,276,666
     
2,265,689
     
0.3%
   
33
 
Barclays
 
Kaufman Financial Center
 
2014
 
81,377
 
Square Feet
 
100.0%
 
12/23/14
 
11,700,000
 
07/24/14
 
65.2%
 
7,650,000
 
94
 
7,631,393
 
94
 
0.9%
 
No
34
 
RAIT
 
ZPI Portfolio
 
Various
 
218,694
 
Square Feet
 
91.2%
 
01/14/15
 
11,650,000
 
11/05/14
 
64.6%
 
7,525,000
 
34
 
7,525,000
 
34
 
0.9%
 
No
34.01
 
RAIT
 
Coffey Creek Business Park
 
1986-1987
 
94,042
 
Square Feet
 
94.1%
 
01/14/15
 
4,400,000
 
11/05/14
     
2,842,060
     
2,842,060
     
0.3%
   
 
 
A-1-3

 
 
ANNEX A-1
                                                                 
                                               
Original
     
Current
       
           
Year
     
 Unit of
     
Occupancy
 
Appraised
 
Appraisal
 
Current
 
Original
 
Balance
 
Current
 
Balance
 
% of Initial
 
Crossed
Loan #
 
Seller(1)
 
Property Name
 
Renovated
 
Units(2)
 
Measure
 
Occupancy %(3)
 
Date
 
Value ($)(4)
 
Date
 
LTV %(4)
 
Balance ($)(5)(6)
 
per Unit ($)
 
Balance ($)(5)(6)
 
per Unit ($)
 
Pool Balance
 
Loan
34.02
 
RAIT
 
Arcade Square
     
60,097
 
Square Feet
 
82.6%
 
01/14/15
 
3,650,000
 
11/05/14
     
2,357,618
     
2,357,618
     
0.3%
   
34.03
 
RAIT
 
Rubin Business Center
     
64,555
 
Square Feet
 
94.9%
 
01/14/15
 
3,600,000
 
11/05/14
     
2,325,322
     
2,325,322
     
0.3%
   
35
 
SMF II
 
Fairfield Inn Horseheads
     
79
 
Rooms
 
68.4%
 
10/31/14
 
10,000,000
 
12/03/14
 
69.9%
 
7,000,000
 
88,608
 
6,988,344
 
88,460
 
0.8%
 
No
36
 
RAIT
 
New Land Enterprises
     
121,216
 
Square Feet
 
93.5%
 
10/01/14
 
9,650,000
 
10/20/14
 
71.3%
 
6,900,000
 
57
 
6,884,516
 
57
 
0.8%
 
No
36.01
 
RAIT
 
306-316 East Silver Spring Drive
     
48,392
 
Square Feet
 
87.2%
 
10/01/14
 
6,200,000
 
10/20/14
     
4,433,161
     
4,423,212
     
0.5%
   
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
     
72,824
 
Square Feet
 
97.7%
 
10/01/14
 
3,450,000
 
10/20/14
     
2,466,839
     
2,461,304
     
0.3%
   
37
 
JPMCB
 
4302 Westheimer
     
11,388
 
Square Feet
 
100.0%
 
02/01/15
 
9,900,000
 
12/30/14
 
60.6%
 
6,000,000
 
527
 
6,000,000
 
527
 
0.7%
 
No
38
 
Barclays
 
Karma Retail Portfolio I
 
Various
 
22,553
 
Square Feet
 
95.6%
 
Various
 
10,610,000
 
Various
 
56.2%
 
5,961,000
 
264
 
5,961,000
 
264
 
0.7%
 
No
38.01
 
Barclays
 
CVS Pharmacy - Peoria
     
13,813
 
Square Feet
 
100.0%
 
02/01/14
 
6,000,000
 
11/12/14
     
3,370,000
     
3,370,000
     
0.4%
   
38.02
 
Barclays
 
7-Eleven - Fontana
     
3,800
 
Square Feet
 
73.7%
 
12/10/14
 
2,430,000
 
11/11/14
     
1,370,000
     
1,370,000
     
0.2%
   
38.03
 
Barclays
 
Burger King - Blythe
 
2006
 
3,316
 
Square Feet
 
100.0%
 
02/01/14
 
1,280,000
 
11/11/14
     
721,000
     
721,000
     
0.1%
   
38.04
 
Barclays
 
Domino’s - Oceanside
 
2014
 
1,624
 
Square Feet
 
100.0%
 
02/01/14
 
900,000
 
11/11/14
     
500,000
     
500,000
     
0.1%
   
39
 
Barclays
 
Winkworth Apartments
     
80
 
Units
 
98.8%
 
01/13/15
 
7,150,000
 
12/17/14
 
74.8%
 
5,350,000
 
66,875
 
5,350,000
 
66,875
 
0.6%
 
No
40
 
RAIT
 
Row 31 Townhomes
     
31
 
Units
 
100.0%
 
11/01/14
 
7,050,000
 
10/15/14
 
70.8%
 
5,000,000
 
161,290
 
4,988,178
 
160,909
 
0.6%
 
No
41
 
JPMCB
 
110 Halsted Street
     
26
 
Units
 
100.0%
 
12/01/14
 
6,600,000
 
11/18/14
 
62.1%
 
4,100,000
 
157,692
 
4,100,000
 
157,692
 
0.5%
 
No
42
 
RAIT
 
S&T Bank Ground Lease
     
46,500
 
Square Feet
 
100.0%
 
10/07/14
 
5,200,000
 
09/15/14
 
72.8%
 
3,795,000
 
82
 
3,786,178
 
81
 
0.5%
 
No
43
 
RCMC
 
Walgreens - Mt. Airy, NC
     
11,562
 
Square Feet
 
100.0%
 
02/05/15
 
5,210,000
 
11/04/14
 
72.0%
 
3,750,000
 
324
 
3,750,000
 
324
 
0.4%
 
No
44
 
SMF II
 
Colton House & Golfview Apartments
     
101
 
Units
 
95.0%
 
12/17/14
 
4,990,000
 
12/01/14
 
69.3%
 
3,457,500
 
34,233
 
3,457,500
 
34,233
 
0.4%
 
No
 
 
A-1-4

 
 
ANNEX A-1
                                                             
                       
Net
                                   
           
Related
 
Interest
 
Admin.
 
Mortgage
     
Monthly Debt
 
Annual Debt
     
First
 
Partial IO
 
Partial IO Loan
 
Rem.
 
Rem.
Loan #
 
Seller(1)
 
Property Name
 
Borrower(7)
 
Rate %(8)
 
Fee %(8)
 
Rate %(8)
 
Accrual Type
 
Service ($)(9)(10)
 
Service ($)(10)
 
Note Date
 
Payment Date
 
Last IO Payment
 
First P&I Payment
 
Term
 
Amort
1
 
JPMCB
 
The Club Row Building
 
No
 
4.38181
 
0.01298
 
4.36883
 
Actual/360
 
407,244.61
 
4,886,935.32
 
12/12/14
 
02/01/15
         
119
 
0
2
 
SMF II
 
One Campus Martius
 
No
 
4.59000
 
0.06048
 
4.52952
 
Actual/360
 
290,859.38
 
3,490,312.50
 
12/31/14
 
02/06/15
         
59
 
0
3
 
Barclays
 
The Branson at Fifth
 
No
 
4.30000
 
0.01298
 
4.28702
 
Actual/360
 
361,256.15
 
4,335,073.80
 
01/13/15
 
03/06/15
 
02/06/20
 
03/06/20
 
120
 
360
4
 
RCMC
 
717 14th Street
 
No
 
4.19000
 
0.01298
 
4.17702
 
Actual/360
 
202,699.98
 
2,432,399.76
 
12/30/14
 
02/01/15
 
07/01/18
 
08/01/18
 
119
 
360
5
 
JPMCB
 
Shaner Hotels Portfolio
 
No
 
4.52700
 
0.01298
 
4.51402
 
Actual/360
 
177,901.80
 
2,134,821.60
 
10/31/14
 
12/01/14
 
11/01/16
 
12/01/16
 
117
 
360
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                                                   
5.02
 
JPMCB
 
Courtyard - Jacksonville
                                                   
5.03
 
JPMCB
 
Durham Marriott City Center
                                                   
5.04
 
JPMCB
 
Residence Inn - Edina
                                                   
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
No
 
4.04500
 
0.01298
 
4.03202
 
30/360
 
156,004.30
 
1,872,051.60
 
11/24/14
 
01/01/15
         
118
 
358
7
 
JPMCB
 
Plymouth Road Tech Center
 
No
 
4.28000
 
0.06048
 
4.21952
 
Actual/360
 
211,063.34
 
2,532,760.08
 
01/21/15
 
03/01/15
         
180
 
180
8
 
JPMCB
 
Legacy Apartments
 
No
 
3.98900
 
0.01298
 
3.97602
 
Actual/360
 
131,114.87
 
1,573,378.44
 
01/21/15
 
03/01/15
 
02/01/19
 
03/01/19
 
120
 
360
9
 
SMF II
 
4141 North Scottsdale Road
 
No
 
4.10500
 
0.06298
 
4.04202
 
Actual/360
 
128,124.44
 
1,537,493.28
 
01/16/15
 
03/06/15
 
02/06/19
 
03/06/19
 
120
 
360
10
 
JPMCB
 
Hotel Abri
 
Yes - Group 1
 
4.55200
 
0.01298
 
4.53902
 
Actual/360
 
117,249.33
 
1,406,991.96
 
12/30/14
 
02/01/15
         
59
 
359
11
 
Barclays
 
Prescott Place I & II
 
No
 
4.80000
 
0.01298
 
4.78702
 
Actual/360
 
120,673.03
 
1,448,076.36
 
10/31/14
 
12/06/14
         
117
 
357
11.01
 
Barclays
 
Prescott Place II
                                                   
11.02
 
Barclays
 
Prescott Place I
                                                   
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
Yes - Group 2
 
4.32300
 
0.01298
 
4.31002
 
Actual/360
 
98,996.47
 
1,187,957.64
 
11/25/14
 
01/06/15
 
12/06/17
 
01/06/18
 
118
 
360
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
Yes - Group 2
 
4.25000
 
0.01298
 
4.23702
 
Actual/360
 
90,025.00
 
1,080,300.00
 
12/17/14
 
02/06/15
 
01/06/18
 
02/06/18
 
119
 
360
14
 
SMF II
 
AOK Portfolio
 
No
 
4.70000
 
0.01298
 
4.68702
 
Actual/360
 
94,781.06
 
1,137,372.72
 
11/26/14
 
01/06/15
         
118
 
358
14.01
 
SMF II
 
Palo Alto Office
                                                   
14.02
 
SMF II
 
Palo Alto Retail
                                                   
14.03
 
SMF II
 
Kmart Corbin
                                                   
14.04
 
SMF II
 
Western Dental San Jose
                                                   
14.05
 
SMF II
 
Meineke Napa
                                                   
14.06
 
SMF II
 
Arby’s Roswell
                                                   
14.07
 
SMF II
 
Oconto Warehouse
                                                   
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                                                   
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                                                   
14.10
 
SMF II
 
Arby’s Marietta
                                                   
14.11
 
SMF II
 
Chili’s Silsbee
                                                   
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                                                   
14.13
 
SMF II
 
Dollar General Texarkana
                                                   
14.14
 
SMF II
 
Family Dollar Tecumseh
                                                   
14.15
 
SMF II
 
Papa John’s Lakewood
                                                   
14.16
 
SMF II
 
Fazoli’s Normal
                                                   
14.17
 
SMF II
 
Dollar General Cleveland
                                                   
14.18
 
SMF II
 
Dollar General Allen
                                                   
14.19
 
SMF II
 
Rally’s Seymour
                                                   
14.20
 
SMF II
 
Wendy’s Memphis
                                                   
14.21
 
SMF II
 
Kindercare Humble
                                                   
14.22
 
SMF II
 
Family Dollar Oklahoma City
                                                   
14.23
 
SMF II
 
KFC Bryan
                                                   
14.24
 
SMF II
 
Burger King Waupaca
                                                   
14.25
 
SMF II
 
Pizza Hut Gainesville
                                                   
14.26
 
SMF II
 
Domino’s Midland
                                                   
14.27
 
SMF II
 
Captain D’s Montgomery
                                                   
14.28
 
SMF II
 
Domino’s San Antonio
                                                   
14.29
 
SMF II
 
Domino’s Belton
                                                   
15
 
SMF II
 
Blue Lake Center
 
No
 
4.45000
 
0.06298
 
4.38702
 
Actual/360
 
86,841.11
 
1,042,093.32
 
11/20/14
 
01/06/15
 
12/06/19
 
01/06/20
 
118
 
360
16
 
JPMCB
 
Lodge at Tiburon
 
Yes - Group 1
 
4.55200
 
0.01298
 
4.53902
 
Actual/360
 
86,662.55
 
1,039,950.60
 
12/30/14
 
02/01/15
         
59
 
359
17
 
RCMC
 
100 Field Point Road
 
No
 
4.43000
 
0.04298
 
4.38702
 
Actual/360
 
81,913.14
 
982,957.68
 
12/29/14
 
02/05/15
         
119
 
359
18
 
JPMCB
 
South Pointe
 
No
 
4.34418
 
0.01298
 
4.33120
 
Actual/360
 
75,307.70
 
903,692.40
 
12/19/14
 
02/01/15
         
119
 
335
19
 
RCMC
 
Village at Castle Pines
 
No
 
3.85000
 
0.01298
 
3.83702
 
Actual/360
 
65,633.15
 
787,597.80
 
01/08/15
 
03/05/15
 
02/05/18
 
03/05/18
 
120
 
360
20
 
Barclays
 
EZ Storage Pico
 
No
 
3.74000
 
0.01298
 
3.72702
 
Actual/360
 
40,131.41
 
481,576.92
 
01/12/15
 
03/06/15
         
120
 
0
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
No
 
4.75000
 
0.01298
 
4.73702
 
Actual/360
 
65,831.89
 
789,982.68
 
12/12/14
 
02/06/15
         
59
 
359
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
                                                   
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
                                                   
22
 
Barclays
 
Memphis Self Storage Portfolio
 
No
 
4.20300
 
0.01298
 
4.19002
 
Actual/360
 
61,271.33
 
735,255.96
 
12/02/14
 
01/06/15
 
12/06/17
 
01/06/18
 
58
 
360
22.01
 
Barclays
 
Airways Self Storage (Southaven)
                                                   
22.02
 
Barclays
 
Storage Pros Kirby Raines
                                                   
22.03
 
Barclays
 
Collierville Mini Storage
                                                   
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                                                   
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                                                   
22.06
 
Barclays
 
Winchester Self Storage
                                                   
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
                                                   
23
 
SMF II
 
Victor Plaza
 
No
 
4.25000
 
0.01298
 
4.23702
 
Actual/360
 
61,000.55
 
732,006.60
 
01/23/15
 
03/06/15
         
120
 
360
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
No
 
4.42000
 
0.01298
 
4.40702
 
Actual/360
 
63,399.66
 
760,795.92
 
01/13/15
 
03/01/15
         
120
 
300
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
No
 
4.60000
 
0.01298
 
4.58702
 
Actual/360
 
59,553.25
 
714,639.00
 
12/05/14
 
02/01/15
         
119
 
335
26
 
Barclays
 
North Regency Center
 
No
 
4.33100
 
0.01298
 
4.31802
 
Actual/360
 
52,152.81
 
625,833.72
 
12/17/14
 
02/06/15
 
01/06/20
 
02/06/20
 
119
 
360
27
 
SMF II
 
Paragon Office Building
 
No
 
4.33000
 
0.01298
 
4.31702
 
Actual/360
 
52,146.63
 
625,759.56
 
12/15/14
 
02/06/15
 
01/06/18
 
02/06/18
 
119
 
360
28
 
SMF II
 
AAA Quality Self Storage
 
No
 
4.27200
 
0.06298
 
4.20902
 
Actual/360
 
51,049.17
 
612,590.04
 
12/30/14
 
02/06/15
         
119
 
359
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
No
 
4.23000
 
0.01298
 
4.21702
 
Actual/360
 
49,076.97
 
588,923.64
 
12/31/14
 
02/01/15
         
119
 
359
30
 
Barclays
 
Mabley Place
 
No
 
4.25000
 
0.01298
 
4.23702
 
Actual/360
 
44,274.59
 
531,295.08
 
12/09/14
 
01/06/15
         
118
 
358
31
 
RCMC
 
Arapahoe Service Center II
 
No
 
4.34000
 
0.07048
 
4.26952
 
Actual/360
 
42,263.96
 
507,167.52
 
12/23/14
 
02/05/15
 
01/05/17
 
02/05/17
 
119
 
360
32
 
RAIT
 
Value Place Hotels Portfolio
 
No
 
4.95000
 
0.01298
 
4.93702
 
Actual/360
 
46,534.45
 
558,413.40
 
10/23/14
 
12/01/14
         
117
 
297
32.01
 
RAIT
 
Value Place Greer Duncan
                                                   
32.02
 
RAIT
 
Value Place Riverwatch
                                                   
32.03
 
RAIT
 
Value Place Noland
                                                   
33
 
Barclays
 
Kaufman Financial Center
 
No
 
4.56000
 
0.06298
 
4.49702
 
Actual/360
 
48,645.79
 
583,749.48
 
12/23/14
 
02/06/15
         
119
 
239
34
 
RAIT
 
ZPI Portfolio
 
No
 
4.50000
 
0.01298
 
4.48702
 
Actual/360
 
38,128.07
 
457,536.84
 
01/07/15
 
03/01/15
 
02/01/17
 
03/01/17
 
120
 
360
34.01
 
RAIT
 
Coffey Creek Business Park
                                                   
 
 
A-1-5

 
 
ANNEX A-1
                                                             
                       
Net
                                   
           
Related
 
Interest
 
Admin.
 
Mortgage
     
Monthly Debt
 
Annual Debt
     
First
 
Partial IO
 
Partial IO Loan
 
Rem.
 
Rem.
Loan #
 
Seller(1)
 
Property Name
 
Borrower(7)
 
Rate %(8)
 
Fee %(8)
 
Rate %(8)
 
Accrual Type
 
Service ($)(9)(10)
 
Service ($)(10)
 
Note Date
 
Payment Date
 
Last IO Payment
 
First P&I Payment
 
 Term
 
 Amort
34.02
 
RAIT
 
Arcade Square
                                                   
34.03
 
RAIT
 
Rubin Business Center
                                                   
35
 
SMF II
 
Fairfield Inn Horseheads
 
No
 
4.56200
 
0.01298
 
4.54902
 
Actual/360
 
39,155.02
 
469,860.24
 
12/23/14
 
02/06/15
         
119
 
299
36
 
RAIT
 
New Land Enterprises
 
Yes - Group 3
 
4.77500
 
0.01298
 
4.76202
 
Actual/360
 
36,097.71
 
433,172.52
 
11/26/14
 
01/01/15
         
118
 
358
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                                   
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                                   
37
 
JPMCB
 
4302 Westheimer
 
No
 
4.15000
 
0.05298
 
4.09702
 
Actual/360
 
29,166.20
 
349,994.40
 
01/21/15
 
03/01/15
 
02/01/17
 
03/01/17
 
120
 
360
38
 
Barclays
 
Karma Retail Portfolio I
 
No
 
4.67700
 
0.01298
 
4.66402
 
Actual/360
 
30,833.65
 
370,003.80
 
12/23/14
 
02/06/15
 
01/06/18
 
02/06/18
 
119
 
360
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                                                   
38.02
 
Barclays
 
7-Eleven - Fontana
                                                   
38.03
 
Barclays
 
Burger King - Blythe
                                                   
38.04
 
Barclays
 
Domino’s - Oceanside
                                                   
39
 
Barclays
 
Winkworth Apartments
 
No
 
4.10000
 
0.01298
 
4.08702
 
Actual/360
 
25,851.11
 
310,213.32
 
01/22/15
 
03/06/15
 
02/06/18
 
03/06/18
 
120
 
360
40
 
RAIT
 
Row 31 Townhomes
 
Yes - Group 3
 
4.54500
 
0.01298
 
4.53202
 
Actual/360
 
25,468.13
 
305,617.56
 
11/26/14
 
01/01/15
         
118
 
358
41
 
JPMCB
 
110 Halsted Street
 
No
 
4.45000
 
0.01298
 
4.43702
 
Actual/360
 
20,652.47
 
247,829.64
 
12/11/14
 
02/01/15
 
01/01/18
 
02/01/18
 
119
 
360
42
 
RAIT
 
S&T Bank Ground Lease
 
No
 
4.62000
 
0.01298
 
4.60702
 
Actual/360
 
19,500.24
 
234,002.88
 
11/14/14
 
01/01/15
         
118
 
358
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
No
 
4.35000
 
0.01298
 
4.33702
 
Actual/360
 
18,667.94
 
224,015.28
 
01/15/15
 
03/05/15
         
120
 
360
44
 
SMF II
 
Colton House & Golfview Apartments
 
No
 
4.52600
 
0.05298
 
4.47302
 
Actual/360
 
17,572.10
 
210,865.20
 
12/24/14
 
02/06/15
 
07/06/16
 
08/06/16
 
119
 
360
 
 
A-1-6

 
 
ANNEX A-1
                                                     
                   
Payment
 
Grace Period
 
Grace Period
         
Final
 
Maturity/ARD
 
Maturity
 
Prepayment
Loan #
 
Seller(1)
 
Property Name
 
I/O Period
 
Seasoning
 
Due Date
 
(Late Payment)
 
(Default)
 
Maturity Date(11)
 
ARD Loan(11)
 
Mat Date(11)
 
Balance ($)(5)
 
LTV %(4)
 
Provision (Payments)(12)
1
 
JPMCB
 
The Club Row Building
 
120
 
1
 
1
 
0
 
0
 
01/01/25
 
No
     
110,000,000
 
62.0%
 
L(24),Grtr1%orYM(92),O(4)
2
 
SMF II
 
One Campus Martius
 
60
 
1
 
6
 
0
 
0
 
01/06/20
 
No
     
75,000,000
 
66.5%
 
L(25),Def(31),O(4)
3
 
Barclays
 
The Branson at Fifth
 
60
 
0
 
6
 
0
 
0
 
02/06/25
 
No
     
66,589,557
 
56.0%
 
L(24),Def(91),O(5)
4
 
RCMC
 
717 14th Street
 
42
 
1
 
1
 
5
 
5
 
01/01/25
 
No
     
36,517,115
 
65.2%
 
L(25),Def(90),O(5)
5
 
JPMCB
 
Shaner Hotels Portfolio
 
24
 
3
 
1
 
0
 
0
 
11/01/24
 
No
     
29,911,769
 
58.8%
 
L(27),Def(89),O(4)
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                                 
9,614,913
       
5.02
 
JPMCB
 
Courtyard - Jacksonville
                                 
8,807,850
       
5.03
 
JPMCB
 
Durham Marriott City Center
                                 
5,878,367
       
5.04
 
JPMCB
 
Residence Inn - Edina
                                 
5,610,639
       
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
0
 
2
 
1
 
5
 
0
 
12/01/24
 
No
     
25,643,666
 
49.7%
 
L(25),Grtr1%orYM(91),O(4)
7
 
JPMCB
 
Plymouth Road Tech Center
 
0
 
0
 
1
 
0
 
5 (1 time per year)
 
02/01/30
 
No
     
217,184
 
0.5%
 
L(25),Grtr1%orYM(152),O(3)
8
 
JPMCB
 
Legacy Apartments
 
48
 
0
 
1
 
0
 
0
 
02/01/25
 
No
     
24,379,195
 
64.2%
 
L(25),Grtr1%orYM(92),O(3)
9
 
SMF II
 
4141 North Scottsdale Road
 
48
 
0
 
6
 
0
 
0
 
02/06/25
 
No
     
23,548,844
 
65.2%
 
L(24),Def(91),O(5)
10
 
JPMCB
 
Hotel Abri
 
0
 
1
 
1
 
0
 
0
 
01/01/20
 
No
     
21,063,759
 
47.9%
 
L(25),Grtr1%orYM(32),O(3)
11
 
Barclays
 
Prescott Place I & II
 
0
 
3
 
6
 
0
 
0
 
11/06/24
 
No
     
18,785,397
 
58.3%
 
L(27),Def(89),O(4)
11.01
 
Barclays
 
Prescott Place II
                                 
9,874,001
       
11.02
 
Barclays
 
Prescott Place I
                                 
8,911,395
       
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
36
 
2
 
6
 
2 (1 time per year)
 
0
 
12/06/24
 
No
     
17,391,501
 
54.3%
 
L(26),Def(90),O(4)
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
36
 
1
 
6
 
2 (1 time per year)
 
0
 
01/06/25
 
No
     
15,924,984
 
57.9%
 
L(25),Def(91),O(4)
14
 
SMF II
 
AOK Portfolio
 
0
 
2
 
6
 
0
 
0
 
12/06/24
 
No
     
14,877,112
 
60.8%
 
L(26),Def(90),O(4)
14.01
 
SMF II
 
Palo Alto Office
                                 
1,654,188
       
14.02
 
SMF II
 
Palo Alto Retail
                                 
1,287,857
       
14.03
 
SMF II
 
Kmart Corbin
                                 
1,062,360
       
14.04
 
SMF II
 
Western Dental San Jose
                                 
761,155
       
14.05
 
SMF II
 
Meineke Napa
                                 
683,818
       
14.06
 
SMF II
 
Arbys Roswell
                                 
671,607
       
14.07
 
SMF II
 
Oconto Warehouse
                                 
599,155
       
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                                 
580,431
       
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                                 
580,431
       
14.10
 
SMF II
 
Arby’s Marietta
                                 
519,376
       
14.11
 
SMF II
 
Chili’s Silsbee
                                 
455,879
       
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                                 
439,597
       
14.13
 
SMF II
 
Dollar General Texarkana
                                 
427,386
       
14.14
 
SMF II
 
Family Dollar Tecumseh
                                 
410,291
       
14.15
 
SMF II
 
Papa John’s Lakewood
                                 
397,266
       
14.16
 
SMF II
 
Fazoli’s Normal
                                 
385,055
       
14.17
 
SMF II
 
Dollar General Cleveland
                                 
377,728
       
14.18
 
SMF II
 
Dollar General Allen
                                 
376,100
       
14.19
 
SMF II
 
Rally’s Seymour
                                 
366,331
       
14.20
 
SMF II
 
Wendy’s Memphis
                                 
329,698
       
14.21
 
SMF II
 
Kindercare Humble
                                 
324,814
       
14.22
 
SMF II
 
Family Dollar Oklahoma City
                                 
323,999
       
14.23
 
SMF II
 
KFC Bryan
                                 
323,999
       
14.24
 
SMF II
 
Burger King Waupaca
                                 
315,859
       
14.25
 
SMF II
 
Pizza Hut Gainesville
                                 
275,155
       
14.26
 
SMF II
 
Domino’s Midland
                                 
253,990
       
14.27
 
SMF II
 
Captain D’s Montgomery
                                 
244,221
       
14.28
 
SMF II
 
Domino’s San Antonio
                                 
227,939
       
14.29
 
SMF II
 
Domino’s Belton
                                 
221,427
       
15
 
SMF II
 
Blue Lake Center
 
60
 
2
 
6
 
0
 
0
 
12/06/24
 
No
     
15,765,438
 
68.5%
 
L(26),Def(89),O(5)
16
 
JPMCB
 
Lodge at Tiburon
 
0
 
1
 
1
 
0
 
0
 
01/01/20
 
No
     
15,568,865
 
53.7%
 
L(25),Grtr1%orYM(32),O(3)
17
 
RCMC
 
100 Field Point Road
 
0
 
1
 
5
 
0
 
0
 
01/05/25
 
No
     
13,146,605
 
54.6%
 
L(25),Def(91),O(4)
18
 
JPMCB
 
South Pointe
 
0
 
1
 
1
 
0
 
0
 
01/01/25
 
No
     
11,376,360
 
52.9%
 
L(24),Grtr1%orYM(93),O(3)
19
 
RCMC
 
Village at Castle Pines
 
36
 
0
 
5
 
0
 
0
 
02/05/25
 
No
     
12,064,894
 
61.2%
 
L(24),Def(92),O(4)
20
 
Barclays
 
EZ Storage Pico
 
120
 
0
 
6
 
0
 
0
 
02/06/25
 
No
     
12,700,000
 
58.4%
 
L(24),Def(89),O(7)
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
0
 
1
 
6
 
0
 
0
 
01/06/20
 
No
     
11,593,735
 
57.1%
 
L(25),Def(31),O(4)
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
                                 
7,538,783
       
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
                                 
4,054,952
       
22
 
Barclays
 
Memphis Self Storage Portfolio
 
36
 
2
 
6
 
5 (1 time per year)
 
0
 
12/06/19
 
No
     
12,105,028
 
71.5%
 
L(26),Def(29),O(5)
22.01
 
Barclays
 
Airways Self Storage (Southaven)
                                 
3,092,702
       
22.02
 
Barclays
 
Storage Pros Kirby Raines
                                 
1,823,728
       
22.03
 
Barclays
 
Collierville Mini Storage
                                 
1,752,209
       
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                                 
1,430,375
       
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                                 
1,358,856
       
22.06
 
Barclays
 
Winchester Self Storage
                                 
1,324,063
       
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
                                 
1,323,096
       
23
 
SMF II
 
Victor Plaza
 
0
 
0
 
6
 
0
 
0
 
02/06/25
 
No
     
9,937,802
 
46.0%
 
L(24),Def(92),O(4)
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
0
 
0
 
1
 
0
 
0
 
02/01/25
 
No
     
8,413,702
 
51.0%
 
L(25),Grtr1%orYM(92),O(3)
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
0
 
1
 
1
 
0
 
0
 
01/01/25
 
No
     
8,823,795
 
54.8%
 
L(25),Grtr1%orYM(92),O(3)
26
 
Barclays
 
North Regency Center
 
60
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
9,583,065
 
60.3%
 
L(25),Def(91),O(4)
27
 
SMF II
 
Paragon Office Building
 
36
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
9,154,586
 
64.7%
 
L(25),Def(91),O(4)
28
 
SMF II
 
AAA Quality Self Storage
 
0
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
8,301,793
 
57.7%
 
L(25),Def(91),O(4)
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
0
 
1
 
1
 
0
 
0
 
01/01/25
 
No
     
8,009,191
 
36.4%
 
L(25),Grtr1%orYM(92),O(3)
30
 
Barclays
 
Mabley Place
 
0
 
2
 
6
 
0
 
0
 
12/06/24
 
No
     
7,213,798
 
49.2%
 
L(26),Def(91),O(3)
31
 
RCMC
 
Arapahoe Service Center II
 
24
 
1
 
5
 
0
 
0
 
01/05/25
 
No
     
7,227,719
 
59.7%
 
L(25),Def(90),O(5)
32
 
RAIT
 
Value Place Hotels Portfolio
 
0
 
3
 
1
 
5
 
5
 
11/01/24
 
No
     
5,970,605
 
48.5%
 
L(27),Def(89),O(4)
32.01
 
RAIT
 
Value Place Greer Duncan
                                 
2,378,291
       
32.02
 
RAIT
 
Value Place Riverwatch
                                 
1,893,180
       
32.03
 
RAIT
 
Value Place Noland
                                 
1,699,134
       
33
 
Barclays
 
Kaufman Financial Center
 
0
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
4,734,485
 
40.5%
 
L(25),Def(90),O(5)
34
 
RAIT
 
ZPI Portfolio
 
24
 
0
 
1
 
5
 
5
 
02/01/25
 
No
     
6,426,012
 
55.2%
 
L(24),Def(92),O(4)
34.01
 
RAIT
 
Coffey Creek Business Park
                                 
2,426,992
       
 
 
A-1-7

 
 
ANNEX A-1
                                                     
                   
Payment
 
Grace Period
 
Grace Period
         
Final
 
Maturity/ARD
 
Maturity
 
Prepayment
Loan #
 
Seller(1)
 
Property Name
 
I/O Period
 
Seasoning
 
Due Date
 
 (Late Payment)
 
(Default)
 
Maturity Date(11)
 
ARD Loan(11)
 
Mat Date(11)
 
Balance ($)(5)
 
LTV %(4)
 
Provision (Payments)(12)
34.02
 
RAIT
 
Arcade Square
                                 
2,013,300
       
34.03
 
RAIT
 
Rubin Business Center
                                 
1,985,721
       
35
 
SMF II
 
Fairfield Inn Horseheads
 
0
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
5,149,427
 
51.5%
 
L(25),Def(92),O(3)
36
 
RAIT
 
New Land Enterprises
 
0
 
2
 
1
 
0
 
5
 
12/01/24
 
No
     
5,631,241
 
58.4%
 
L(26),Def(90),O(4)
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                 
3,617,999
       
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                 
2,013,242
       
37
 
JPMCB
 
4302 Westheimer
 
24
 
0
 
1
 
0
 
0
 
02/01/25
 
No
     
5,075,131
 
51.3%
 
L(25),Grtr1%orYM(92),O(3)
38
 
Barclays
 
Karma Retail Portfolio I
 
36
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
5,238,987
 
49.4%
 
L(24),Grtr1%orYM(92),O(4)
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                                 
2,961,816
       
38.02
 
Barclays
 
7-Eleven - Fontana
                                 
1,204,062
       
38.03
 
Barclays
 
Burger King - Blythe
                                 
633,670
       
38.04
 
Barclays
 
Domino’s - Oceanside
                                 
439,439
       
39
 
Barclays
 
Winkworth Apartments
 
36
 
0
 
6
 
0
 
0
 
02/06/25
 
No
     
4,638,809
 
64.9%
 
L(24),Def(92),O(4)
40
 
RAIT
 
Row 31 Townhomes
 
0
 
2
 
1
 
0
 
5
 
12/01/24
 
No
     
4,048,968
 
57.4%
 
L(26),Def(90),O(4)
41
 
JPMCB
 
110 Halsted Street
 
36
 
1
 
1
 
0
 
0
 
01/01/25
 
No
     
3,584,691
 
54.3%
 
L(25),Def(91),O(4)
42
 
RAIT
 
S&T Bank Ground Lease
 
0
 
2
 
1
 
5
 
5
 
12/01/24
 
No
     
3,081,039
 
59.3%
 
L(26),Def(90),O(4)
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
0
 
0
 
5
 
0
 
0
 
02/05/25
 
Yes
 
02/05/45
 
3,015,937
 
57.9%
 
L(24),Def(92),O(4)
44
 
SMF II
 
Colton House & Golfview Apartments
 
18
 
1
 
6
 
0
 
0
 
01/06/25
 
No
     
2,917,668
 
58.5%
 
L(25),Def(91),O(4)
 
 
A-1-8

 
 
ANNEX A-1
       
                                                             
           
HISTORICAL FINANCIALS(13)
                                                             
           
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
Most Recent
 
Most Recent
   
Loan #
 
Seller(1)
 
Property Name
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
As of
1
 
JPMCB
 
The Club Row Building
 
10,171,019
 
4,087,080
 
6,083,939
 
17,520,334
 
7,815,736
 
9,704,598
 
18,735,589
 
7,953,748
 
10,781,841
 
20,220,436
 
8,524,408
 
11,696,028
 
10/31/14
2
 
SMF II
 
One Campus Martius
                                                   
3
 
Barclays
 
The Branson at Fifth
                                                   
4
 
RCMC
 
717 14th Street
 
4,819,122
 
1,925,889
 
2,893,233
 
5,233,993
 
2,311,416
 
2,922,578
 
5,793,593
 
2,135,086
 
3,658,507
               
5
 
JPMCB
 
Shaner Hotels Portfolio
 
24,575,983
 
19,511,939
 
5,064,044
 
25,623,700
 
19,217,957
 
6,405,743
 
27,510,501
 
19,987,732
 
7,522,769
 
29,314,833
 
20,608,706
 
8,706,127
 
10/31/14
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
 
7,417,191
 
5,576,436
 
1,840,755
 
7,708,950
 
5,547,733
 
2,161,218
 
7,925,424
 
6,029,953
 
1,895,471
 
8,966,659
 
6,469,633
 
2,497,026
 
10/31/14
5.02
 
JPMCB
 
Courtyard - Jacksonville
 
6,636,926
 
4,856,995
 
1,779,931
 
6,960,054
 
4,919,548
 
2,040,506
 
7,536,367
 
5,126,133
 
2,410,234
 
8,088,831
 
5,322,950
 
2,765,881
 
10/31/14
5.03
 
JPMCB
 
Durham Marriott City Center
 
6,316,019
 
6,183,410
 
132,609
 
7,038,852
 
5,960,130
 
1,078,722
 
7,427,393
 
5,828,408
 
1,598,985
 
7,422,013
 
5,723,708
 
1,698,305
 
10/31/14
5.04
 
JPMCB
 
Residence Inn - Edina
 
4,205,847
 
2,895,098
 
1,310,749
 
3,915,844
 
2,790,546
 
1,125,298
 
4,621,317
 
3,003,238
 
1,618,079
 
4,837,330
 
3,092,415
 
1,744,915
 
10/31/14
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
                                                   
7
 
JPMCB
 
Plymouth Road Tech Center
             
6,687,128
 
2,988,420
 
3,698,708
 
6,540,405
 
2,880,002
 
3,660,403
 
6,621,958
 
2,790,663
 
3,831,295
 
12/31/14
8
 
JPMCB
 
Legacy Apartments
 
3,243,580
 
1,390,867
 
1,852,713
 
3,498,092
 
1,430,577
 
2,067,515
 
3,498,551
 
1,285,075
 
2,213,476
 
3,466,761
 
1,309,588
 
2,157,173
 
11/30/14
9
 
SMF II
 
4141 North Scottsdale Road
                         
2,585,386
 
1,131,006
 
1,454,380
 
2,659,426
 
1,157,915
 
1,501,511
 
08/31/14
10
 
JPMCB
 
Hotel Abri
 
5,079,890
 
3,717,060
 
1,362,830
 
5,385,712
 
3,969,522
 
1,416,190
 
6,064,641
 
4,330,719
 
1,733,922
 
9,270,172
 
7,173,532
 
2,096,640
 
11/30/14
11
 
Barclays
 
Prescott Place I & II
             
4,453,964
 
2,124,452
 
2,329,512
 
4,771,899
 
2,329,896
 
2,442,003
 
4,993,009
 
2,339,003
 
2,654,006
 
10/31/14
11.01
 
Barclays
 
Prescott Place II
             
2,323,534
 
1,021,684
 
1,301,850
 
2,478,664
 
1,143,819
 
1,334,845
 
2,565,838
 
1,101,262
 
1,464,576
 
10/31/14
11.02
 
Barclays
 
Prescott Place I
             
2,130,430
 
1,102,768
 
1,027,662
 
2,293,235
 
1,186,077
 
1,107,158
 
2,427,171
 
1,237,741
 
1,189,430
 
10/31/14
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
5,803,635
 
3,832,733
 
1,970,902
 
6,150,013
 
4,161,231
 
1,988,782
 
6,105,820
 
4,028,833
 
2,076,987
 
6,445,505
 
4,242,374
 
2,203,131
 
09/30/14
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
3,860,344
 
2,642,647
 
1,217,697
 
4,244,130
 
2,888,696
 
1,355,434
 
5,160,777
 
3,225,856
 
1,934,921
 
5,827,006
 
3,462,208
 
2,364,798
 
09/30/14
14
 
SMF II
 
AOK Portfolio
 
689,310
 
110,527
 
578,783
 
948,828
 
113,577
 
835,251
 
1,351,942
 
146,026
 
1,205,916
 
1,864,310
 
348,414
 
1,515,896
 
12/31/14
14.01
 
SMF II
 
Palo Alto Office
 
125,813
 
43,951
 
81,862
 
121,686
 
45,899
 
75,787
 
129,493
 
43,002
 
86,491
 
139,495
 
52,231
 
87,264
 
12/31/14
14.02
 
SMF II
 
Palo Alto Retail
 
115,449
 
28,739
 
86,710
 
121,182
 
21,185
 
99,997
 
136,580
 
19,811
 
116,769
 
98,609
 
26,540
 
72,069
 
12/31/14
14.03
 
SMF II
 
Kmart Corbin
                         
126,850
 
0
 
126,850
 
165,000
 
3,135
 
161,865
 
12/31/14
14.04
 
SMF II
 
Western Dental San Jose
             
66,541
 
0
 
66,541
 
66,541
 
0
 
66,541
 
66,541
 
1,264
 
65,277
 
12/31/14
14.05
 
SMF II
 
Meineke Napa
 
92,581
 
11,393
 
81,188
 
77,403
 
11,988
 
65,415
 
77,250
 
12,025
 
65,225
 
76,501
 
1,468
 
75,033
 
12/31/14
14.06
 
SMF II
 
Arby’s Roswell
             
61,653
 
0
 
61,653
 
61,653
 
0
 
61,653
 
83,669
 
1,188
 
82,481
 
12/31/14
14.07
 
SMF II
 
Oconto Warehouse
                                     
212,844
 
83,281
 
129,563
 
12/31/14
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                         
73,550
 
15,802
 
57,748
 
90,596
 
23,068
 
67,529
 
12/31/14
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                         
73,550
 
6,812
 
66,738
 
91,095
 
25,838
 
65,257
 
12/31/14
14.10
 
SMF II
 
Arby’s Marietta
             
53,269
 
0
 
53,269
 
51,000
 
0
 
51,000
 
57,829
 
969
 
56,860
 
12/31/14
14.11
 
SMF II
 
Chili’s Silsbee
 
40,000
 
0
 
40,000
 
40,000
 
0
 
40,000
 
40,000
 
0
 
40,000
 
40,000
 
760
 
39,240
 
12/31/14
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
 
68,400
 
0
 
68,400
 
62,700
 
0
 
62,700
 
60,000
 
0
 
60,000
 
50,000
 
1,140
 
48,860
 
12/31/14
14.13
 
SMF II
 
Dollar General Texarkana
 
62,816
 
17,608
 
45,208
 
66,116
 
15,931
 
50,185
 
66,416
 
16,684
 
49,732
 
68,416
 
26,448
 
41,968
 
12/31/14
14.14
 
SMF II
 
Family Dollar Tecumseh
                                     
54,123
 
12,062
 
42,061
 
12/31/14
14.15
 
SMF II
 
Papa John’s Lakewood
 
42,615
 
0
 
42,615
 
43,020
 
0
 
43,020
 
43,953
 
0
 
43,953
 
44,746
 
983
 
43,763
 
12/31/14
14.16
 
SMF II
 
Fazoli’s Normal
 
33,981
 
0
 
33,981
 
33,981
 
0
 
33,981
 
33,981
 
0
 
33,981
 
33,981
 
646
 
33,335
 
12/31/14
14.17
 
SMF II
 
Dollar General Cleveland
                                     
58,032
 
19,523
 
38,509
 
12/31/14
14.18
 
SMF II
 
Dollar General Allen
             
58,250
 
2,807
 
55,443
 
58,250
 
22,600
 
35,650
 
58,250
 
28,503
 
29,747
 
12/31/14
14.19
 
SMF II
 
Rally’s Seymour
 
37,575
 
0
 
37,575
 
35,622
 
0
 
35,622
 
41,907
 
0
 
41,907
 
34,080
 
869
 
33,211
 
12/31/14
14.20
 
SMF II
 
Wendy’s Memphis
                         
39,208
 
0
 
39,208
 
39,140
 
744
 
38,397
 
12/31/14
14.21
 
SMF II
 
Kindercare Humble
                                     
30,000
 
570
 
29,430
 
12/31/14
14.22
 
SMF II
 
Family Dollar Oklahoma City
                                     
56,674
 
23,569
 
33,105
 
12/31/14
14.23
 
SMF II
 
KFC Bryan
             
37,325
 
6,781
 
30,544
 
37,325
 
0
 
37,325
 
37,325
 
709
 
36,616
 
12/31/14
14.24
 
SMF II
 
Burger King Waupaca
         
 
                         
16,008
 
974
 
15,034
 
12/31/14
14.25
 
SMF II
 
Pizza Hut Gainesville
                         
32,076
 
423
 
31,653
 
33,396
 
635
 
32,761
 
12/31/14
14.26
 
SMF II
 
Domino’s Midland
                         
33,000
 
0
 
33,000
 
33,000
 
627
 
32,373
 
12/31/14
14.27
 
SMF II
 
Captain D’s Montgomery
                                     
25,000
 
475
 
24,525
 
12/31/14
14.28
 
SMF II
 
Domino’s San Antonio
 
43,080
 
8,836
 
34,244
 
43,080
 
8,986
 
34,094
 
42,360
 
8,867
 
33,493
 
42,360
 
9,672
 
32,688
 
12/31/14
14.29
 
SMF II
 
Domino’s Belton
 
27,000
 
0
 
27,000
 
27,000
 
0
 
27,000
 
27,000
 
0
 
27,000
 
27,600
 
524
 
27,076
 
12/31/14
15
 
SMF II
 
Blue Lake Center
 
2,153,552
 
925,082
 
1,228,470
 
2,289,585
 
987,155
 
1,302,431
 
2,514,481
 
1,005,959
 
1,508,522
 
2,609,438
 
990,743
 
1,618,695
 
08/31/14
16
 
JPMCB
 
Lodge at Tiburon
 
6,164,456
 
5,410,110
 
754,346
 
5,968,689
 
5,638,806
 
329,883
 
8,700,261
 
7,092,451
 
1,607,810
 
9,278,761
 
7,555,418
 
1,723,343
 
11/30/14
17
 
RCMC
 
100 Field Point Road
 
1,917,900
 
431,303
 
1,486,597
 
1,839,669
 
413,838
 
1,425,831
 
1,844,358
 
397,986
 
1,446,372
 
1,879,365
 
455,309
 
1,424,056
 
09/30/14
18
 
JPMCB
 
South Pointe
 
5,010,650
 
3,127,069
 
1,883,581
 
4,897,812
 
3,008,906
 
1,888,906
 
3,123,427
 
2,869,065
 
254,362
 
3,087,854
 
2,934,510
 
153,344
 
09/30/14
19
 
RCMC
 
Village at Castle Pines
 
1,917,748
 
955,174
 
962,574
 
1,966,108
 
691,298
 
1,274,810
 
2,108,129
 
826,234
 
1,281,895
 
2,327,978
 
803,865
 
1,524,113
 
10/31/14
20
 
Barclays
 
EZ Storage Pico
 
1,729,994
 
388,771
 
1,341,223
 
1,703,034
 
430,092
 
1,272,942
 
1,813,769
 
453,541
 
1,360,228
 
1,872,616
 
435,742
 
1,436,874
 
11/30/14
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
4,971,767
 
3,573,998
 
1,397,769
 
5,192,685
 
3,730,002
 
1,462,683
 
5,139,882
 
3,666,086
 
1,473,796
 
5,271,019
 
3,710,919
 
1,560,100
 
10/31/14
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
 
2,997,659
 
2,013,066
 
984,593
 
3,316,925
 
2,219,006
 
1,097,919
 
3,065,591
 
2,071,431
 
994,160
 
3,200,762
 
2,138,661
 
1,062,101
 
10/31/14
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
1,974,108
 
1,560,932
 
413,176
 
1,875,760
 
1,510,996
 
364,764
 
2,074,291
 
1,594,655
 
479,636
 
2,070,257
 
1,572,258
 
497,999
 
10/31/14
22
 
Barclays
 
Memphis Self Storage Portfolio
             
2,168,421
 
1,250,401
 
918,020
 
2,272,704
 
1,256,836
 
1,015,868
 
2,356,673
 
1,235,817
 
1,120,856
 
09/30/14
22.01
 
Barclays
 
Airways Self Storage (Southaven)
             
439,855
 
190,402
 
249,454
 
463,392
 
198,777
 
264,615
 
474,814
 
194,553
 
280,260
 
09/30/14
22.02
 
Barclays
 
Storage Pros Kirby Raines
             
305,485
 
194,603
 
110,883
 
316,488
 
171,542
 
144,946
 
345,641
 
172,878
 
172,763
 
09/30/14
22.03
 
Barclays
 
Collierville Mini Storage
             
337,893
 
203,318
 
134,575
 
340,000
 
165,309
 
174,692
 
322,714
 
174,878
 
147,837
 
09/30/14
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
             
266,319
 
141,732
 
124,588
 
293,137
 
161,845
 
131,292
 
294,623
 
165,268
 
129,355
 
09/30/14
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
             
282,812
 
210,135
 
72,678
 
317,778
 
191,845
 
125,933
 
311,874
 
191,115
 
120,760
 
09/30/14
22.06
 
Barclays
 
Winchester Self Storage
             
303,058
 
193,492
 
109,566
 
292,845
 
206,581
 
86,263
 
328,700
 
181,290
 
147,409
 
09/30/14
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
             
232,998
 
116,721
 
116,277
 
249,063
 
160,937
 
88,127
 
278,307
 
155,835
 
122,473
 
09/30/14
23
 
SMF II
 
Victor Plaza
 
1,333,295
 
404,721
 
928,574
 
1,398,272
 
399,157
 
999,115
 
1,530,760
 
414,741
 
1,116,019
 
1,550,332
 
399,829
 
1,150,503
 
11/30/14
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
2,496,519
 
1,608,739
 
887,780
 
2,628,626
 
1,649,265
 
979,361
 
3,030,317
 
1,782,328
 
1,247,989
 
3,253,322
 
1,895,482
 
1,357,840
 
11/30/14
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
3,098,152
 
1,949,691
 
1,148,461
 
3,244,690
 
2,025,896
 
1,218,794
 
3,298,895
 
2,116,821
 
1,182,074
 
3,505,139
 
2,342,540
 
1,162,599
 
09/30/14
26
 
Barclays
 
North Regency Center
             
1,541,354
 
441,424
 
1,099,930
 
1,418,361
 
433,804
 
984,557
 
1,435,815
 
416,879
 
1,018,936
 
10/31/14
27
 
SMF II
 
Paragon Office Building
 
1,892,025
 
921,425
 
970,600
 
1,746,205
 
927,699
 
818,506
 
1,847,481
 
930,054
 
917,427
 
1,825,549
 
919,546
 
906,003
 
10/31/14
28
 
SMF II
 
AAA Quality Self Storage
 
1,227,670
 
453,331
 
774,339
 
1,282,455
 
413,549
 
868,906
 
1,284,656
 
384,869
 
899,787
 
1,358,110
 
422,184
 
935,926
 
10/31/14
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
7,512,907
 
6,445,402
 
1,067,505
 
8,321,183
 
6,640,752
 
1,680,431
 
8,608,089
 
7,044,326
 
1,563,763
 
8,154,857
 
6,634,168
 
1,520,689
 
10/31/14
30
 
Barclays
 
Mabley Place
                                                   
31
 
RCMC
 
Arapahoe Service Center II
             
947,323
 
111,560
 
835,763
 
1,111,484
 
158,998
 
952,487
 
1,257,539
 
405,309
 
852,229
 
11/30/14
32
 
RAIT
 
Value Place Hotels Portfolio
 
2,792,450
 
1,540,336
 
1,252,114
 
2,662,857
 
1,536,571
 
1,126,286
 
2,753,975
 
1,578,201
 
1,175,773
 
2,800,959
 
1,637,340
 
1,163,618
 
07/31/14
32.01
 
RAIT
 
Value Place Greer Duncan
 
911,652
 
585,120
 
326,532
 
1,005,384
 
617,045
 
388,339
 
1,064,872
 
629,435
 
435,437
 
1,087,696
 
647,828
 
439,868
 
07/31/14
32.02
 
RAIT
 
Value Place Riverwatch
 
964,465
 
473,841
 
490,624
 
844,237
 
457,485
 
386,752
 
918,196
 
480,394
 
437,802
 
913,711
 
502,027
 
411,684
 
07/31/14
32.03
 
RAIT
 
Value Place Noland
 
916,333
 
481,375
 
434,958
 
813,236
 
462,041
 
351,195
 
770,906
 
468,372
 
302,534
 
799,552
 
487,486
 
312,066
 
07/31/14
33
 
Barclays
 
Kaufman Financial Center
 
2,245,130
 
813,503
 
1,431,627
 
2,174,419
 
856,411
 
1,318,008
 
2,203,396
 
927,763
 
1,275,633
 
2,198,128
 
938,332
 
1,259,796
 
09/30/14
34
 
RAIT
 
ZPI Portfolio
 
1,436,172
 
551,650
 
884,522
 
1,403,759
 
504,235
 
899,524
 
1,536,441
 
493,991
 
1,042,450
 
1,727,374
 
539,939
 
1,187,435
 
09/30/14
34.01
 
RAIT
 
Coffey Creek Business Park
                                                   
 
 
A-1-9

 
 
ANNEX A-1
                                                       
                                                             
           
HISTORICAL FINANCIALS(13)
                                                             
           
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
Most Recent
 
Most Recent
   
Loan #
 
Seller(1)
 
Property Name
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
Revenues ($)
 
Total Expenses ($)
 
NOI ($)
 
As of
34.02
 
RAIT
 
Arcade Square
                                                   
34.03
 
RAIT
 
Rubin Business Center
                                                   
35
 
SMF II
 
Fairfield Inn Horseheads
                                     
2,114,898
 
1,257,523
 
857,375
 
10/31/14
36
 
RAIT
 
New Land Enterprises
             
1,367,931
 
443,112
 
924,819
 
1,159,483
 
496,874
 
662,609
 
1,236,682
 
595,023
 
641,659
 
09/30/14
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                                   
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                                   
37
 
JPMCB
 
4302 Westheimer
                                                   
38
 
Barclays
 
Karma Retail Portfolio I
                                                   
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                                                   
38.02
 
Barclays
 
7-Eleven - Fontana
                                                   
38.03
 
Barclays
 
Burger King - Blythe
                                                   
38.04
 
Barclays
 
Domino’s - Oceanside
                                                   
39
 
Barclays
 
Winkworth Apartments
 
800,110
 
341,674
 
458,436
 
794,422
 
327,266
 
467,155
 
829,520
 
338,332
 
491,188
 
850,581
 
336,444
 
514,137
 
12/31/14
40
 
RAIT
 
Row 31 Townhomes
                                     
524,352
 
62,763
 
461,589
 
09/30/14
41
 
JPMCB
 
110 Halsted Street
                                     
515,054
 
127,234
 
387,820
 
11/30/14
42
 
RAIT
 
S&T Bank Ground Lease
 
258,000
 
0
 
258,000
 
266,600
 
0
 
266,600
 
283,800
 
0
 
283,800
 
283,800
 
0
 
283,800
 
09/30/14
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
312,312
 
12,763
 
299,549
 
312,312
 
14,245
 
298,067
 
312,312
 
17,956
 
294,356
 
327,927
 
9,838
 
318,089
 
11/30/14
44
 
SMF II
 
Colton House & Golfview Apartments
 
864,646
 
559,637
 
305,009
 
886,607
 
505,920
 
380,687
 
924,210
 
523,893
 
400,317
 
942,207
 
543,398
 
398,809
 
09/30/14
 
 
A-1-10

 
 
ANNEX A-1
                                 
                                                         
           
UW
                                           
           
Economic
 
UW
 
UW Total
 
UW
 
UW Capital
 
UW
 
UW
 
UW NCF
 
UW NOI
 
UW NCF
     
Ground Lease
Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
Revenues ($)(3)
 
Expenses ($)
 
NOI ($)(3)(14)
 
Items ($)
 
NCF ($)(3)(14)
 
NOI DSCR(15)
 
DSCR(15)
 
Debt Yield %
 
Debt Yield %
 
Title Type
 
Expiration
1
 
JPMCB
 
The Club Row Building
 
95.0%
 
20,965,896
 
9,071,371
 
11,894,525
 
1,024,293
 
10,870,232
 
1.73
 
1.58
 
7.7%
 
7.0%
 
Fee
   
2
 
SMF II
 
One Campus Martius
 
92.3%
 
29,990,438
 
14,827,686
 
15,162,751
 
409,873
 
14,752,878
 
2.61
 
2.54
 
12.1%
 
11.8%
 
Fee
   
3
 
Barclays
 
The Branson at Fifth
 
96.5%
 
6,899,433
 
1,477,979
 
5,421,454
 
124,621
 
5,296,833
 
1.25
 
1.22
 
7.4%
 
7.3%
 
Fee
   
4
 
RCMC
 
717 14th Street
 
94.9%
 
5,905,836
 
2,377,264
 
3,528,571
 
222,398
 
3,306,173
 
1.45
 
1.36
 
8.5%
 
8.0%
 
Leasehold
 
03/31/57
5
 
JPMCB
 
Shaner Hotels Portfolio
 
74.8%
 
29,219,074
 
20,636,779
 
8,582,295
 
0
 
8,582,295
 
1.83
 
1.83
 
11.1%
 
11.1%
 
Fee/Leasehold
 
10/9/2062 (Civic Center Hotel); 10/9/2017 (Parking Lot)
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
 
61.2%
 
8,787,366
 
6,438,185
 
2,349,181
 
0
 
2,349,181
                 
Fee
   
5.02
 
JPMCB
 
Courtyard - Jacksonville
 
81.3%
 
8,018,003
 
5,293,324
 
2,724,679
 
0
 
2,724,679
                 
Fee
   
5.03
 
JPMCB
 
Durham Marriott City Center
 
74.5%
 
7,553,225
 
5,809,121
 
1,744,104
 
0
 
1,744,104
                 
Leasehold
   
5.04
 
JPMCB
 
Residence Inn - Edina
 
81.3%
 
4,860,480
 
3,096,150
 
1,764,330
 
0
 
1,764,330
                 
Fee
   
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
97.5%
 
12,708,777
 
3,976,907
 
8,731,870
 
562,437
 
8,169,433
 
1.96
 
1.83
 
11.3%
 
10.6%
 
Fee
   
7
 
JPMCB
 
Plymouth Road Tech Center
 
92.3%
 
6,835,941
 
3,023,415
 
3,812,525
 
384,628
 
3,427,897
 
1.51
 
1.35
 
13.6%
 
12.2%
 
Fee
   
8
 
JPMCB
 
Legacy Apartments
 
94.0%
 
3,511,586
 
1,312,177
 
2,199,409
 
62,000
 
2,137,409
 
1.40
 
1.36
 
8.0%
 
7.8%
 
Fee
   
9
 
SMF II
 
4141 North Scottsdale Road
 
88.9%
 
3,439,624
 
1,149,435
 
2,290,189
 
196,160
 
2,094,030
 
1.49
 
1.36
 
8.6%
 
7.9%
 
Fee
   
10
 
JPMCB
 
Hotel Abri
 
85.8%
 
11,025,726
 
9,083,633
 
1,942,093
 
0
 
1,942,093
 
1.38
 
1.38
 
8.5%
 
8.5%
 
Fee
   
11
 
Barclays
 
Prescott Place I & II
 
84.2%
 
5,185,010
 
2,357,029
 
2,827,981
 
236,720
 
2,591,261
 
1.95
 
1.79
 
12.3%
 
11.3%
 
Fee
   
11.01
 
Barclays
 
Prescott Place II
 
86.0%
 
2,709,167
 
1,111,785
 
1,597,382
 
121,618
 
1,475,764
                 
Fee
   
11.02
 
Barclays
 
Prescott Place I
 
82.2%
 
2,475,844
 
1,245,244
 
1,230,599
 
115,103
 
1,115,497
                 
Fee
   
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
87.0%
 
6,445,325
 
4,256,688
 
2,188,637
 
0
 
2,188,637
 
1.84
 
1.84
 
11.0%
 
11.0%
 
Fee
   
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
87.4%
 
5,684,086
 
3,519,990
 
2,164,096
 
0
 
2,164,096
 
2.00
 
2.00
 
11.8%
 
11.8%
 
Fee
   
14
 
SMF II
 
AOK Portfolio
 
95.0%
 
1,903,623
 
348,414
 
1,555,209
 
135,459
 
1,419,750
 
1.37
 
1.25
 
8.5%
 
7.8%
 
Fee
   
14.01
 
SMF II
 
Palo Alto Office
 
95.0%
 
186,367
 
52,231
 
134,136
 
3,608
 
130,528
                 
Fee
   
14.02
 
SMF II
 
Palo Alto Retail
 
95.0%
 
128,803
 
26,540
 
102,263
 
1,837
 
100,426
                 
Fee
   
14.03
 
SMF II
 
Kmart Corbin
 
95.0%
 
156,750
 
3,135
 
153,615
 
34,740
 
118,875
                 
Fee
   
14.04
 
SMF II
 
Western Dental San Jose
 
95.0%
 
63,214
 
1,264
 
61,950
 
1,554
 
60,396
                 
Fee
   
14.05
 
SMF II
 
Meineke Napa
 
95.0%
 
73,388
 
1,468
 
71,920
 
4,095
 
67,825
                 
Fee
   
14.06
 
SMF II
 
Arby’s Roswell
 
95.0%
 
59,407
 
1,188
 
58,219
 
1,480
 
56,739
                 
Fee
   
14.07
 
SMF II
 
Oconto Warehouse
 
95.0%
 
202,202
 
83,281
 
118,921
 
33,000
 
85,921
                 
Fee
   
14.08
 
SMF II
 
Dollar General Laredo (Mines)
 
95.0%
 
86,067
 
23,068
 
62,999
 
5,005
 
57,994
                 
Fee
   
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
 
95.0%
 
86,540
 
25,838
 
60,702
 
5,005
 
55,697
                 
Fee
   
14.10
 
SMF II
 
Arby’s Marietta
 
95.0%
 
48,450
 
969
 
47,481
 
1,480
 
46,001
                 
Fee
   
14.11
 
SMF II
 
Chili’s Silsbee
 
95.0%
 
38,000
 
760
 
37,240
 
1,566
 
35,674
                 
Fee
   
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
 
95.0%
 
57,000
 
1,140
 
55,860
 
1,980
 
53,880
                 
Fee
   
14.13
 
SMF II
 
Dollar General Texarkana
 
95.0%
 
65,375
 
26,448
 
38,927
 
5,005
 
33,922
                 
Fee
   
14.14
 
SMF II
 
Family Dollar Tecumseh
 
95.0%
 
61,061
 
12,062
 
48,999
 
6,560
 
42,439
                 
Fee
   
14.15
 
SMF II
 
Papa John’s Lakewood
 
95.0%
 
43,143
 
983
 
42,160
 
480
 
41,680
                 
Fee
   
14.16
 
SMF II
 
Fazoli’s Normal
 
95.0%
 
32,282
 
646
 
31,636
 
2,554
 
29,082
                 
Fee
   
14.17
 
SMF II
 
Dollar General Cleveland
 
95.0%
 
55,130
 
19,523
 
35,607
 
4,958
 
30,649
                 
Fee
   
14.18
 
SMF II
 
Dollar General Allen
 
95.0%
 
60,040
 
28,503
 
31,537
 
4,153
 
27,384
                 
Fee
   
14.19
 
SMF II
 
Rally’s Seymour
 
95.0%
 
43,443
 
869
 
42,574
 
718
 
41,856
                 
Fee
   
14.20
 
SMF II
 
Wendy’s Memphis
 
95.0%
 
37,183
 
744
 
36,440
 
1,047
 
35,393
                 
Fee
   
14.21
 
SMF II
 
Kindercare Humble
 
95.0%
 
28,500
 
570
 
27,930
 
1,880
 
26,050
                 
Fee
   
14.22
 
SMF II
 
Family Dollar Oklahoma City
 
95.0%
 
53,840
 
23,569
 
30,271
 
4,400
 
25,871
                 
Fee
   
14.23
 
SMF II
 
KFC Bryan
 
95.0%
 
35,459
 
709
 
34,749
 
1,354
 
33,395
                 
Fee
   
14.24
 
SMF II
 
Burger King Waupaca
 
95.0%
 
48,691
 
974
 
47,717
 
1,464
 
46,253
                 
Fee
   
14.25
 
SMF II
 
Pizza Hut Gainesville
 
95.0%
 
31,726
 
635
 
31,092
 
1,108
 
29,984
                 
Fee
   
14.26
 
SMF II
 
Domino’s Midland
 
95.0%
 
31,350
 
627
 
30,723
 
934
 
29,789
                 
Fee
   
14.27
 
SMF II
 
Captain D’s Montgomery
 
95.0%
 
23,750
 
475
 
23,275
 
932
 
22,343
                 
Fee
   
14.28
 
SMF II
 
Domino’s San Antonio
 
95.0%
 
40,242
 
9,672
 
30,570
 
1,421
 
29,149
                 
Fee
   
14.29
 
SMF II
 
Domino’s Belton
 
95.0%
 
26,220
 
524
 
25,696
 
1,140
 
24,556
                 
Fee
   
15
 
SMF II
 
Blue Lake Center
 
81.6%
 
2,671,128
 
1,042,211
 
1,628,917
 
168,664
 
1,460,253
 
1.56
 
1.40
 
9.4%
 
8.5%
 
Fee
   
16
 
JPMCB
 
Lodge at Tiburon
 
80.8%
 
9,278,761
 
7,593,700
 
1,685,061
 
0
 
1,685,061
 
1.62
 
1.62
 
9.9%
 
9.9%
 
Fee
   
17
 
RCMC
 
100 Field Point Road
 
90.0%
 
1,783,853
 
437,025
 
1,346,828
 
30,852
 
1,315,976
 
1.37
 
1.34
 
8.3%
 
8.1%
 
Fee
   
18
 
JPMCB
 
South Pointe
 
90.0%
 
4,996,803
 
3,159,085
 
1,837,718
 
338,361
 
1,499,357
 
2.03
 
1.66
 
12.6%
 
10.3%
 
Fee
   
19
 
RCMC
 
Village at Castle Pines
 
95.0%
 
2,410,533
 
828,685
 
1,581,848
 
143,337
 
1,438,511
 
2.01
 
1.83
 
11.3%
 
10.3%
 
Fee
   
20
 
Barclays
 
EZ Storage Pico
 
84.4%
 
1,888,773
 
468,899
 
1,419,874
 
12,802
 
1,407,072
 
2.95
 
2.92
 
11.2%
 
11.1%
 
Fee
   
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
65.1%
 
5,271,019
 
3,748,639
 
1,522,380
 
0
 
1,522,380
 
1.93
 
1.93
 
12.1%
 
12.1%
 
Fee
   
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
 
68.6%
 
3,200,762
 
2,150,685
 
1,050,078
 
0
 
1,050,078
                 
Fee
   
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
60.2%
 
2,070,257
 
1,597,954
 
472,303
 
0
 
472,303
                 
Fee
   
22
 
Barclays
 
Memphis Self Storage Portfolio
 
82.1%
 
2,364,988
 
1,226,137
 
1,138,850
 
38,250
 
1,100,600
 
1.55
 
1.50
 
9.1%
 
8.8%
 
Fee
   
22.01
 
Barclays
 
Airways Self Storage (Southaven)
 
81.8%
 
474,982
 
190,839
 
284,144
 
7,323
 
276,820
                 
Fee
   
22.02
 
Barclays
 
Storage Pros Kirby Raines
 
92.0%
 
340,155
 
170,929
 
169,227
 
4,887
 
164,340
                 
Fee
   
22.03
 
Barclays
 
Collierville Mini Storage
 
72.1%
 
303,008
 
166,504
 
136,503
 
4,659
 
131,844
                 
Fee
   
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
 
71.5%
 
281,004
 
161,116
 
119,888
 
5,047
 
114,840
                 
Fee
   
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
 
88.0%
 
333,195
 
188,239
 
144,957
 
4,699
 
140,257
                 
Fee
   
22.06
 
Barclays
 
Winchester Self Storage
 
85.3%
 
343,623
 
187,894
 
155,729
 
6,453
 
149,276
                 
Fee
   
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
 
87.5%
 
289,020
 
160,617
 
128,403
 
5,181
 
123,222
                 
Fee
   
23
 
SMF II
 
Victor Plaza
 
82.5%
 
1,679,788
 
429,787
 
1,250,001
 
93,658
 
1,156,344
 
1.71
 
1.58
 
10.1%
 
9.3%
 
Fee
   
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
74.9%
 
3,253,322
 
1,936,462
 
1,316,860
 
0
 
1,316,860
 
1.73
 
1.73
 
11.5%
 
11.5%
 
Fee
   
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
72.5%
 
3,379,609
 
2,259,167
 
1,120,442
 
0
 
1,120,442
 
1.57
 
1.57
 
10.0%
 
10.0%
 
Fee
   
26
 
Barclays
 
North Regency Center
 
95.0%
 
1,503,431
 
447,158
 
1,056,273
 
68,635
 
987,638
 
1.69
 
1.58
 
10.1%
 
9.4%
 
Fee
   
27
 
SMF II
 
Paragon Office Building
 
87.7%
 
2,084,691
 
915,683
 
1,169,008
 
181,446
 
987,562
 
1.87
 
1.58
 
11.1%
 
9.4%
 
Fee
   
28
 
SMF II
 
AAA Quality Self Storage
 
87.6%
 
1,358,110
 
507,322
 
850,788
 
13,622
 
837,166
 
1.39
 
1.37
 
8.2%
 
8.1%
 
Fee
   
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
79.5%
 
8,154,859
 
6,635,227
 
1,519,632
 
0
 
1,519,632
 
2.58
 
2.58
 
15.2%
 
15.2%
 
Fee
   
30
 
Barclays
 
Mabley Place
 
91.8%
 
1,429,297
 
439,198
 
990,099
 
38,886
 
951,213
 
1.86
 
1.79
 
11.0%
 
10.6%
 
Fee
   
31
 
RCMC
 
Arapahoe Service Center II
 
90.5%
 
1,218,567
 
406,747
 
811,820
 
104,351
 
707,470
 
1.60
 
1.39
 
9.6%
 
8.3%
 
Fee
   
32
 
RAIT
 
Value Place Hotels Portfolio
 
73.3%
 
2,790,266
 
1,756,541
 
1,033,724
 
0
 
1,033,724
 
1.85
 
1.85
 
13.0%
 
13.0%
 
Fee
   
32.01
 
RAIT
 
Value Place Greer Duncan
 
84.0%
 
1,077,003
 
658,500
 
418,503
 
0
 
418,503
                 
Fee
   
32.02
 
RAIT
 
Value Place Riverwatch
 
69.8%
 
913,711
 
575,931
 
337,779
 
0
 
337,779
                 
Fee
   
32.03
 
RAIT
 
Value Place Noland
 
65.0%
 
799,552
 
522,110
 
277,442
 
0
 
277,442
                 
Fee
   
33
 
Barclays
 
Kaufman Financial Center
 
90.0%
 
1,785,780
 
865,310
 
920,470
 
159,499
 
760,971
 
1.58
 
1.30
 
12.1%
 
10.0%
 
Fee
   
34
 
RAIT
 
ZPI Portfolio
 
86.1%
 
1,595,791
 
546,427
 
1,049,364
 
153,085
 
896,279
 
2.29
 
1.96
 
13.9%
 
11.9%
 
Fee
   
34.01
 
RAIT
 
Coffey Creek Business Park
                                         
Fee
   
 
 
A-1-11

 
 
ANNEX A-1
                                                         
           
UW
                                           
           
Economic
 
UW
 
UW Total
 
UW
 
UW Capital
 
UW
 
UW
 
UW NCF
 
UW NOI
 
UW NCF
     
Ground Lease
Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
Revenues ($)(3)
 
Expenses ($)
 
NOI ($)(3)(14)
 
Items ($)
 
NCF ($)(3)(14)
 
NOI DSCR(15)
 
DSCR(15)
 
Debt Yield %
 
Debt Yield %
 
Title Type
 
Expiration
34.02
 
RAIT
 
Arcade Square
                                         
Fee
   
34.03
 
RAIT
 
Rubin Business Center
                                         
Fee
   
35
 
SMF II
 
Fairfield Inn Horseheads
 
68.4%
 
2,114,898
 
1,339,253
 
775,645
 
0
 
775,645
 
1.65
 
1.65
 
11.1%
 
11.1%
 
Fee
   
36
 
RAIT
 
New Land Enterprises
 
87.8%
 
1,406,609
 
631,909
 
774,699
 
139,398
 
635,301
 
1.79
 
1.47
 
11.3%
 
9.2%
 
Fee
   
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                         
Fee
   
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                         
Fee
   
37
 
JPMCB
 
4302 Westheimer
 
98.0%
 
608,576
 
66,428
 
542,147
 
21,851
 
520,297
 
1.55
 
1.49
 
9.0%
 
8.7%
 
Fee
   
38
 
Barclays
 
Karma Retail Portfolio I
 
95.0%
 
612,177
 
26,744
 
585,434
 
6,786
 
578,647
 
1.58
 
1.56
 
9.8%
 
9.7%
 
Fee
   
38.01
 
Barclays
 
CVS Pharmacy - Peoria
 
95.0%
 
349,303
 
10,611
 
338,692
 
2,072
 
336,620
                 
Fee
   
38.02
 
Barclays
 
7-Eleven - Fontana
 
95.0%
 
137,940
 
6,384
 
131,556
 
570
 
130,986
                 
Fee
   
38.03
 
Barclays
 
Burger King - Blythe
 
95.0%
 
80,394
 
5,233
 
75,161
 
2,731
 
72,430
                 
Fee
   
38.04
 
Barclays
 
Domino’s - Oceanside
 
95.0%
 
44,541
 
4,516
 
40,025
 
1,413
 
38,611
                 
Fee
   
39
 
Barclays
 
Winkworth Apartments
 
95.0%
 
905,859
 
370,979
 
534,880
 
24,488
 
510,392
 
1.72
 
1.65
 
10.0%
 
9.5%
 
Fee
   
40
 
RAIT
 
Row 31 Townhomes
 
95.0%
 
629,109
 
205,905
 
423,204
 
7,750
 
415,454
 
1.38
 
1.36
 
8.5%
 
8.3%
 
Fee
   
41
 
JPMCB
 
110 Halsted Street
 
95.0%
 
513,705
 
185,808
 
327,897
 
5,486
 
322,411
 
1.32
 
1.30
 
8.0%
 
7.9%
 
Fee
   
42
 
RAIT
 
S&T Bank Ground Lease
 
100.0%
 
305,936
 
3,227
 
302,709
 
0
 
302,709
 
1.29
 
1.29
 
8.0%
 
8.0%
 
Fee
   
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
100.0%
 
327,927
 
9,838
 
318,089
 
1,734
 
316,355
 
1.42
 
1.41
 
8.5%
 
8.4%
 
Fee
   
44
 
SMF II
 
Colton House & Golfview Apartments
 
94.8%
 
942,207
 
563,818
 
378,389
 
25,250
 
353,139
 
1.79
 
1.67
 
10.9%
 
10.2%
 
Fee
   
 
 
A-1-12

 
 
ANNEX A-1
                                                 
                   
UPFRONT ESCROW(16)
                                                 
           
Ground Lease
     
Upfront Capex
 
Upfront Engin.
 
Upfront Envir.
 
Upfront TI/LC
 
Upfront RE Tax
 
Upfront Ins.
 
Upfront Debt Service
 
Upfront Other
Loan #
 
Seller(1)
 
Property Name
 
Extension Terms
 
PML %
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
1
 
JPMCB
 
The Club Row Building
         
6,100
 
0
 
0
 
80,000
 
351,400
 
0
 
0
 
368,419
2
 
SMF II
 
One Campus Martius
         
0
 
0
 
0
 
0
 
197,941
 
70,347
 
0
 
13,170,000
3
 
Barclays
 
The Branson at Fifth
         
0
 
73,500
 
0
 
0
 
0
 
0
 
0
 
4,500,000
4
 
RCMC
 
717 14th Street
 
Two ten-year options
     
0
 
0
 
0
 
0
 
305,833
 
13,602
 
0
 
1,000,000
5
 
JPMCB
 
Shaner Hotels Portfolio
 
None
     
133,000
 
74,910
 
0
 
0
 
572,693
 
197,014
 
0
 
28,983
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                                       
5.02
 
JPMCB
 
Courtyard - Jacksonville
                                       
5.03
 
JPMCB
 
Durham Marriott City Center
                                       
5.04
 
JPMCB
 
Residence Inn - Edina
                                       
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
         
0
 
0
 
0
 
0
 
124,895
 
0
 
0
 
6,958,372
7
 
JPMCB
 
Plymouth Road Tech Center
         
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
8
 
JPMCB
 
Legacy Apartments
         
6,200
 
0
 
0
 
0
 
51,612
 
0
 
0
 
0
9
 
SMF II
 
4141 North Scottsdale Road
         
0
 
125,156
 
0
 
0
 
81,609
 
0
 
0
 
896,923
10
 
JPMCB
 
Hotel Abri
     
15%
 
44,819
 
639,458
 
0
 
0
 
0
 
0
 
0
 
0
11
 
Barclays
 
Prescott Place I & II
         
0
 
312,050
 
0
 
0
 
0
 
0
 
0
 
0
11.01
 
Barclays
 
Prescott Place II
                                       
11.02
 
Barclays
 
Prescott Place I
                                       
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
     
6%
 
1,000,000
 
0
 
0
 
0
 
0
 
0
 
0
 
0
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
         
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
14
 
SMF II
 
AOK Portfolio
     
Various
 
29,375
 
0
 
0
 
0
 
42,242
 
20,194
 
0
 
0
14.01
 
SMF II
 
Palo Alto Office
     
20%
                               
14.02
 
SMF II
 
Palo Alto Retail
     
18%
                               
14.03
 
SMF II
 
Kmart Corbin
                                       
14.04
 
SMF II
 
Western Dental San Jose
     
12%
                               
14.05
 
SMF II
 
Meineke Napa
     
12%
                               
14.06
 
SMF II
 
Arby’s Roswell
                                       
14.07
 
SMF II
 
Oconto Warehouse
                                       
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                                       
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                                       
14.10
 
SMF II
 
Arby’s Marietta
                                       
14.11
 
SMF II
 
Chili’s Silsbee
                                       
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
     
6%
                               
14.13
 
SMF II
 
Dollar General Texarkana
                                       
14.14
 
SMF II
 
Family Dollar Tecumseh
                                       
14.15
 
SMF II
 
Papa John’s Lakewood
                                       
14.16
 
SMF II
 
Fazoli’s Normal
                                       
14.17
 
SMF II
 
Dollar General Cleveland
                                       
14.18
 
SMF II
 
Dollar General Allen
                                       
14.19
 
SMF II
 
Rally’s Seymour
                                       
14.20
 
SMF II
 
Wendy’s Memphis
     
6%
                               
14.21
 
SMF II
 
Kindercare Humble
                                       
14.22
 
SMF II
 
Family Dollar Oklahoma City
                                       
14.23
 
SMF II
 
KFC Bryan
                                       
14.24
 
SMF II
 
Burger King Waupaca
                                       
14.25
 
SMF II
 
Pizza Hut Gainesville
                                       
14.26
 
SMF II
 
Domino’s Midland
                                       
14.27
 
SMF II
 
Captain D’s Montgomery
                                       
14.28
 
SMF II
 
Domino’s San Antonio
                                       
14.29
 
SMF II
 
Domino’s Belton
                                       
15
 
SMF II
 
Blue Lake Center
         
1,105,000
 
0
 
0
 
800,000
 
46,790
 
5,854
 
0
 
0
16
 
JPMCB
 
Lodge at Tiburon
     
16%
 
36,761
 
0
 
0
 
0
 
0
 
0
 
0
 
0
17
 
RCMC
 
100 Field Point Road
         
0
 
0
 
0
 
0
 
21,379
 
2,423
 
0
 
0
18
 
JPMCB
 
South Pointe
         
6,600
 
67,192
 
0
 
10,620
 
0
 
0
 
0
 
282,690
19
 
RCMC
 
Village at Castle Pines
         
0
 
0
 
0
 
18,000
 
136,827
 
9,474
 
0
 
121,578
20
 
Barclays
 
EZ Storage Pico
     
12%
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
21
 
Barclays
 
Hampton Roads Hotel Portfolio
         
0
 
0
 
0
 
0
 
12,305
 
0
 
0
 
1,100,000
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
                                       
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
                                       
22
 
Barclays
 
Memphis Self Storage Portfolio
     
Various
 
0
 
167,250
 
0
 
0
 
22,204
 
0
 
0
 
0
22.01
 
Barclays
 
Airways Self Storage (Southaven)
                                       
22.02
 
Barclays
 
Storage Pros Kirby Raines
     
5%
                               
22.03
 
Barclays
 
Collierville Mini Storage
     
4%
                               
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                                       
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
     
5%
                               
22.06
 
Barclays
 
Winchester Self Storage
     
5%
                               
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
     
5%
                               
23
 
SMF II
 
Victor Plaza
     
17%
 
0
 
306,862
 
250,000
 
200,000
 
0
 
33,989
 
0
 
130,000
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
         
10,845
 
0
 
0
 
0
 
34,283
 
37,540
 
0
 
163,205
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
         
825,000
 
0
 
0
 
0
 
79,588
 
0
 
0
 
0
26
 
Barclays
 
North Regency Center
         
0
 
16,400
 
0
 
0
 
0
 
0
 
0
 
53,027
27
 
SMF II
 
Paragon Office Building
         
0
 
0
 
0
 
100,000
 
40,640
 
37,817
 
0
 
541,589
28
 
SMF II
 
AAA Quality Self Storage
     
13%
 
0
 
0
 
0
 
0
 
0
 
12,339
 
0
 
0
29
 
JPMCB
 
HIEX Philadelphia Midtown
         
0
 
0
 
0
 
0
 
0
 
0
 
0
 
869,375
30
 
Barclays
 
Mabley Place
         
0
 
0
 
0
 
120,000
 
220,701
 
0
 
0
 
0
31
 
RCMC
 
Arapahoe Service Center II
         
0
 
0
 
0
 
0
 
190,957
 
5,186
 
0
 
0
32
 
RAIT
 
Value Place Hotels Portfolio
         
0
 
165,882
 
0
 
0
 
92,092
 
37,200
 
0
 
0
32.01
 
RAIT
 
Value Place Greer Duncan
                                       
32.02
 
RAIT
 
Value Place Riverwatch
                                       
32.03
 
RAIT
 
Value Place Noland
                                       
33
 
Barclays
 
Kaufman Financial Center
         
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
34
 
RAIT
 
ZPI Portfolio
         
0
 
125,000
 
0
 
150,000
 
30,700
 
31,031
 
0
 
0
34.01
 
RAIT
 
Coffey Creek Business Park
                                       
 
 
A-1-13

 
 
ANNEX A-1
                                                 
                   
UPFRONT ESCROW(16)
                                                 
           
Ground Lease
     
Upfront Capex
 
Upfront Engin.
 
Upfront Envir.
 
Upfront TI/LC
 
Upfront RE Tax
 
Upfront Ins.
 
Upfront Debt Service
 
Upfront Other
Loan #
 
Seller(1)
 
Property Name
 
Extension Terms
 
PML %
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
34.02
 
RAIT
 
Arcade Square
                                       
34.03
 
RAIT
 
Rubin Business Center
                                       
35
 
SMF II
 
Fairfield Inn Horseheads
         
0
 
0
 
0
 
0
 
65,247
 
24,469
 
0
 
0
36
 
RAIT
 
New Land Enterprises
         
300,000
 
57,063
 
0
 
0
 
169,392
 
11,041
 
0
 
0
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                       
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                       
37
 
JPMCB
 
4302 Westheimer
         
143
 
0
 
0
 
0
 
2,620
 
4,054
 
0
 
1,500,000
38
 
Barclays
 
Karma Retail Portfolio I
     
Various
 
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                                       
38.02
 
Barclays
 
7-Eleven - Fontana
     
8%
                               
38.03
 
Barclays
 
Burger King - Blythe
     
5%
                               
38.04
 
Barclays
 
Domino’s - Oceanside
     
9%
                               
39
 
Barclays
 
Winkworth Apartments
         
0
 
0
 
15,000
 
0
 
11,426
 
4,274
 
0
 
0
40
 
RAIT
 
Row 31 Townhomes
         
0
 
0
 
0
 
0
 
50,583
 
10,312
 
0
 
0
41
 
JPMCB
 
110 Halsted Street
         
458
 
0
 
0
 
0
 
17,955
 
7,648
 
0
 
0
42
 
RAIT
 
S&T Bank Ground Lease
         
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
43
 
RCMC
 
Walgreens - Mt. Airy, NC
         
0
 
0
 
0
 
0
 
0
 
0
 
0
 
0
44
 
SMF II
 
Colton House & Golfview Apartments
         
0
 
134,563
 
0
 
0
 
12,316
 
23,043
 
0
 
0
 
 
A-1-14

 
 
ANNEX A-1
                     
                                                             
           
MONTHLY ESCROW(17)
 
RESERVE CAPS(18)
                                                             
           
Monthly Capex
 
Monthly Envir.
 
Monthly TI/LC
 
Monthly RE Tax
 
Monthly Ins.
 
Monthly Other
 
CapEx
 
Envir.
 
TI/LC
 
RE Tax
 
Insur.
 
Debt Service
 
Other
Loan #
 
Seller(1)
 
Property Name
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
1
 
JPMCB
 
The Club Row Building
 
6,100
 
0
 
80,000
 
351,400
 
Springing
 
0
         
2,880,000
               
2
 
SMF II
 
One Campus Martius
 
11,876
 
0
 
8,043
 
197,941
 
24,075
 
0
 
142,512
     
200,000
               
3
 
Barclays
 
The Branson at Fifth
 
833
 
0
 
0
 
66,667
 
Springing
 
Springing
                           
4
 
RCMC
 
717 14th Street
 
819
 
0
 
17,531
 
61,167
 
1,943
 
Springing
 
29,484
     
1,000,000
               
5
 
JPMCB
 
Shaner Hotels Portfolio
 
4% of Gross Revenues
 
0
 
0
 
108,522
 
32,838
 
248,483
                           
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                                                   
5.02
 
JPMCB
 
Courtyard - Jacksonville
                                                   
5.03
 
JPMCB
 
Durham Marriott City Center
                                                   
5.04
 
JPMCB
 
Residence Inn - Edina
                                                   
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
Springing
 
0
 
Springing
 
62,448
 
Springing
 
0
 
150,000
                       
7
 
JPMCB
 
Plymouth Road Tech Center
 
Springing
 
0
 
Springing
 
Springing
 
Springing
 
0
                           
8
 
JPMCB
 
Legacy Apartments
 
6,200
 
0
 
0
 
25,806
 
Springing
 
0
                           
9
 
SMF II
 
4141 North Scottsdale Road
 
3,772
 
0
 
12,574
 
20,402
 
Springing
 
0
                           
10
 
JPMCB
 
Hotel Abri
 
4% of Gross Revenues
 
0
 
0
 
24,450
 
Springing
 
0
 
450,000
                       
11
 
Barclays
 
Prescott Place I & II
 
19,727
 
0
 
0
 
45,209
 
Springing
 
0
                           
11.01
 
Barclays
 
Prescott Place II
                                                   
11.02
 
Barclays
 
Prescott Place I
                                                   
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
4% of Gross Revenues
 
0
 
0
 
29,908
 
Springing
 
0
                           
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
4% of Gross Revenues
 
0
 
0
 
30,692
 
Springing
 
0
                           
14
 
SMF II
 
AOK Portfolio
 
2,297
 
0
 
8,991
 
10,414
 
5,389
 
0
         
350,000
               
14.01
 
SMF II
 
Palo Alto Office
                                                   
14.02
 
SMF II
 
Palo Alto Retail
                                                   
14.03
 
SMF II
 
Kmart Corbin
                                                   
14.04
 
SMF II
 
Western Dental San Jose
                                                   
14.05
 
SMF II
 
Meineke Napa
                                                   
14.06
 
SMF II
 
Arby’s Roswell
                                                   
14.07
 
SMF II
 
Oconto Warehouse
                                                   
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                                                   
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                                                   
14.10
 
SMF II
 
Arby’s Marietta
                                                   
14.11
 
SMF II
 
Chili’s Silsbee
                                                   
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                                                   
14.13
 
SMF II
 
Dollar General Texarkana
                                                   
14.14
 
SMF II
 
Family Dollar Tecumseh
                                                   
14.15
 
SMF II
 
Papa John’s Lakewood
                                                   
14.16
 
SMF II
 
Fazoli’s Normal
                                                   
14.17
 
SMF II
 
Dollar General Cleveland
                                                   
14.18
 
SMF II
 
Dollar General Allen
                                                   
14.19
 
SMF II
 
Rally’s Seymour
                                                   
14.20
 
SMF II
 
Wendy’s Memphis
                                                   
14.21
 
SMF II
 
Kindercare Humble
                                                   
14.22
 
SMF II
 
Family Dollar Oklahoma City
                                                   
14.23
 
SMF II
 
KFC Bryan
                                                   
14.24
 
SMF II
 
Burger King Waupaca
                                                   
14.25
 
SMF II
 
Pizza Hut Gainesville
                                                   
14.26
 
SMF II
 
Domino’s Midland
                                                   
14.27
 
SMF II
 
Captain D’s Montgomery
                                                   
14.28
 
SMF II
 
Domino’s San Antonio
                                                   
14.29
 
SMF II
 
Domino’s Belton
                                                   
15
 
SMF II
 
Blue Lake Center
 
Springing
 
0
 
Springing
 
15,597
 
1,951
 
0
 
37,530
     
400,000
               
16
 
JPMCB
 
Lodge at Tiburon
 
4% of Gross Revenues
 
0
 
0
 
23,921
 
Springing
 
0
 
375,000
                       
17
 
RCMC
 
100 Field Point Road
 
429
 
0
 
2,143
 
10,690
 
808
 
Springing
                           
18
 
JPMCB
 
South Pointe
 
6,600
 
0
 
10,620
 
31,600
 
Springing
 
10,539
                           
19
 
RCMC
 
Village at Castle Pines
 
1,539
 
0
 
10,407
 
34,207
 
3,158
 
0
 
100,000
     
500,000
               
20
 
Barclays
 
EZ Storage Pico
 
Springing
 
0
 
0
 
Springing
 
Springing
 
0
                           
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
4% of Gross Revenues
 
0
 
0
 
12,305
 
Springing
 
0
                           
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
                                                   
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
                                                   
22
 
Barclays
 
Memphis Self Storage Portfolio
 
3,188
 
0
 
0
 
21,508
 
Springing
 
0
 
114,751
                       
22.01
 
Barclays
 
Airways Self Storage (Southaven)
                                                   
22.02
 
Barclays
 
Storage Pros Kirby Raines
                                                   
22.03
 
Barclays
 
Collierville Mini Storage
                                                   
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                                                   
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                                                   
22.06
 
Barclays
 
Winchester Self Storage
                                                   
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
                                                   
23
 
SMF II
 
Victor Plaza
 
2,927
 
0
 
4,878
 
10,600
 
3,399
 
0
         
300,000
               
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
4% of Gross Revenues
 
0
 
0
 
8,571
 
7,508
 
23,315
                           
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
4% of Gross Revenues
 
0
 
0
 
13,265
 
0
 
Springing
                           
26
 
Barclays
 
North Regency Center
 
926
 
0
 
4,322
 
25,686
 
1,097
 
0
         
200,000
               
27
 
SMF II
 
Paragon Office Building
 
2,029
 
0
 
8,053
 
13,547
 
3,782
 
0
 
73,044
     
250,000
               
28
 
SMF II
 
AAA Quality Self Storage
 
1,135
 
0
 
0
 
10,456
 
1,066
 
0
                           
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
Springing
 
0
 
0
 
Springing
 
Springing
 
Springing
                           
30
 
Barclays
 
Mabley Place
 
3,275
 
0
 
0
 
36,784
 
1,251
 
0
                           
31
 
RCMC
 
Arapahoe Service Center II
 
2,111
 
0
 
6,585
 
21,217
 
576
 
Springing
                           
32
 
RAIT
 
Value Place Hotels Portfolio
 
4% of Gross Revenues
 
0
 
0
 
13,156
 
4,650
 
Springing
                           
32.01
 
RAIT
 
Value Place Greer Duncan
                                                   
32.02
 
RAIT
 
Value Place Riverwatch
                                                   
32.03
 
RAIT
 
Value Place Noland
                                                   
33
 
Barclays
 
Kaufman Financial Center
 
0
 
0
 
0
 
Springing
 
Springing
 
0
                           
34
 
RAIT
 
ZPI Portfolio
 
3,645
 
0
 
9,112
 
10,233
 
3,448
 
10,474
         
350,000
               
34.01
 
RAIT
 
Coffey Creek Business Park
                                                   
 
 
A-1-15

 
 
ANNEX A-1
                     
                                                             
           
MONTHLY ESCROW(17)
 
RESERVE CAPS(18)
                                                             
           
Monthly Capex
 
Monthly Envir.
 
Monthly TI/LC
 
Monthly RE Tax
 
Monthly Ins.
 
Monthly Other
 
CapEx
 
Envir.
 
TI/LC
 
RE Tax
 
Insur.
 
Debt Service
 
Other
Loan #
 
Seller(1)
 
Property Name
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
 
Reserve Cap ($)
34.02
 
RAIT
 
Arcade Square
                                                   
34.03
 
RAIT
 
Rubin Business Center
                                                   
35
 
SMF II
 
Fairfield Inn Horseheads
 
2% of Gross Revenues
 
0
 
0
 
8,838
 
2,570
 
0
 
243,849
                       
36
 
RAIT
 
New Land Enterprises
 
Springing
 
0
 
10,101
 
21,558
 
1,577
 
0
 
69,093
     
242,426
               
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                                   
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                                   
37
 
JPMCB
 
4302 Westheimer
 
143
 
0
 
0
 
2,620
 
2,024
 
0
                           
38
 
Barclays
 
Karma Retail Portfolio I
 
0
 
0
 
0
 
Springing
 
Springing
 
Springing
                           
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                                                   
38.02
 
Barclays
 
7-Eleven - Fontana
                                                   
38.03
 
Barclays
 
Burger King - Blythe
                                                   
38.04
 
Barclays
 
Domino’s - Oceanside
                                                   
39
 
Barclays
 
Winkworth Apartments
 
2,041
 
0
 
0
 
11,426
 
2,137
 
0
                           
40
 
RAIT
 
Row 31 Townhomes
 
646
 
0
 
0
 
10,583
 
1,289
 
0
 
15,500
                       
41
 
JPMCB
 
110 Halsted Street
 
457
 
0
 
0
 
8,978
 
1,912
 
0
 
16,460
                       
42
 
RAIT
 
S&T Bank Ground Lease
 
0
 
0
 
0
 
0
 
0
 
0
                           
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
Springing
 
0
 
0
 
Springing
 
Springing
 
0
                           
44
 
SMF II
 
Colton House & Golfview Apartments
 
2,103
 
0
 
0
 
12,316
 
2,169
 
0
 
75,708
                       
 
 
A-1-16

 
 
ANNEX A-1
                             
                                                 
               
LARGEST TENANT (3), (19), (20), (21)
 
2nd LARGEST TENANT (3), (19), (20), (21)
 
3rd LARGEST TENANT (3), (19), (20), (21)
                                                 
           
Single
         
Lease
         
Lease
         
Lease
Loan #
 
Seller(1)
 
Property Name
 
Tenant
 
Largest Tenant
 
Unit Size
 
Expiration
 
2nd Largest Tenant
 
Unit Size
 
Expiration
 
3rd Largest Tenant
 
Unit Size
 
Expiration
1
 
JPMCB
 
The Club Row Building
 
No
 
The City University of New York
 
59,530
 
03/31/16
 
Emerge212
 
30,905
 
12/31/17
 
American National Standards Institute
 
19,986
 
07/31/24
2
 
SMF II
 
One Campus Martius
 
No
 
Quicken Loans, Inc.
 
346,244
 
12/31/24
 
Meridian Health Plan
 
280,534
 
12/31/24
 
Compuware Corporation
 
134,564
 
12/31/19
3
 
Barclays
 
The Branson at Fifth
 
No
 
Domenico Vacca
 
14,881
 
11/30/24
                       
4
 
RCMC
 
717 14th Street
 
No
 
GSA - U.S. Department of the Treasury
 
67,283
 
10/27/16
 
District of Columbia - Office of the Inspector General 
34,171
 
08/31/21
 
District of Columbia - Office of the Auditor
 
10,792
 
07/31/21
5
 
JPMCB
 
Shaner Hotels Portfolio
 
No
                                   
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
 
No
                                   
5.02
 
JPMCB
 
Courtyard - Jacksonville
 
No
                                   
5.03
 
JPMCB
 
Durham Marriott City Center
 
No
                                   
5.04
 
JPMCB
 
Residence Inn - Edina
 
No
                                   
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
No
 
Saks Fifth Avenue Off 5th
 
24,558
 
07/31/24
 
Nike
 
14,355
 
01/31/20
 
Old Navy
 
13,266
 
07/31/19
7
 
JPMCB
 
Plymouth Road Tech Center
 
No
 
Roush Enterprises
 
418,451
 
04/30/19
 
NYX, Inc.
 
324,489
 
12/31/22
 
Packaging Corp of America
 
139,314
 
06/30/18
8
 
JPMCB
 
Legacy Apartments
 
No
                                   
9
 
SMF II
 
4141 North Scottsdale Road
 
No
 
Aetna
 
107,157
 
12/31/21
 
Fresenius
 
15,317
 
05/31/27
 
Keyser
 
6,000
 
03/31/21
10
 
JPMCB
 
Hotel Abri
 
No
                                   
11
 
Barclays
 
Prescott Place I & II
 
No
                                   
11.01
 
Barclays
 
Prescott Place II
 
No
                                   
11.02
 
Barclays
 
Prescott Place I
 
No
                                   
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
No
                                   
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
No
                                   
14
 
SMF II
 
AOK Portfolio
 
Various
                                   
14.01
 
SMF II
 
Palo Alto Office
 
No
 
AOK Capital
 
1,391
 
10/15/27
 
Restlet, Inc
 
1,000
 
MTM
 
Law Offices of Perry Clark
 
775
 
MTM
14.02
 
SMF II
 
Palo Alto Retail
 
No
 
Opus Arcade
 
1,200
 
04/27/15
 
Avalon Salon
 
900
 
04/30/18
 
3G’s Café
 
680
 
08/31/19
14.03
 
SMF II
 
Kmart Corbin
 
Yes
 
Kmart
 
86,851
 
10/31/18
                       
14.04
 
SMF II
 
Western Dental San Jose
 
Yes
 
Western Dental
 
3,885
 
12/08/29
                       
14.05
 
SMF II
 
Meineke Napa
 
Yes
 
Meineke
 
4,500
 
04/30/19
                       
14.06
 
SMF II
 
Arby’s Roswell
 
Yes
 
Arby’s
 
3,700
 
07/31/22
                       
14.07
 
SMF II
 
Oconto Warehouse
 
Yes
 
Graphic Management Specialty Products, Inc.
 
60,000
 
07/18/16
                       
14.08
 
SMF II
 
Dollar General Laredo (Mines)
 
Yes
 
Dollar General
 
9,100
 
01/31/18
                       
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
 
Yes
 
Dollar General
 
9,100
 
01/31/18
                       
14.10
 
SMF II
 
Arby’s Marietta
 
Yes
 
Arby’s
 
3,700
 
08/31/22
                       
14.11
 
SMF II
 
Chili’s Silsbee
 
Yes
 
Chilis
 
3,916
 
07/31/17
                       
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
 
Yes
 
Danny’s Auto
 
3,600
 
11/30/19
                       
14.13
 
SMF II
 
Dollar General Texarkana
 
Yes
 
Dollar General
 
9,100
 
01/31/19
                       
14.14
 
SMF II
 
Family Dollar Tecumseh
 
Yes
 
Family Dollar
 
8,000
 
12/31/19
                       
14.15
 
SMF II
 
Papa John’s Lakewood
 
Yes
 
Papa Johns
 
1,199
 
09/15/19
                       
14.16
 
SMF II
 
Fazoli’s Normal
 
Yes
 
Fazolis
 
3,193
 
07/31/15
                       
14.17
 
SMF II
 
Dollar General Cleveland
 
Yes
 
Dollar General
 
9,014
 
08/31/15
                       
14.18
 
SMF II
 
Dollar General Allen
 
Yes
 
Dollar General
 
7,550
 
01/31/20
                       
14.19
 
SMF II
 
Rally’s Seymour
 
Yes
 
Rallys
 
1,794
 
03/02/19
                       
14.20
 
SMF II
 
Wendy’s Memphis
 
Yes
 
Wendys
 
2,618
 
10/31/19
                       
14.21
 
SMF II
 
Kindercare Humble
 
Yes
 
Kindercare
 
4,700
 
10/07/15
                       
14.22
 
SMF II
 
Family Dollar Oklahoma City
 
Yes
 
Family Dollar
 
8,000
 
12/31/15
                       
14.23
 
SMF II
 
KFC Bryan
 
Yes
 
KFC
 
3,386
 
12/31/20
                       
14.24
 
SMF II
 
Burger King Waupaca
 
Yes
 
Burger King
 
3,661
 
06/30/16
                       
14.25
 
SMF II
 
Pizza Hut Gainesville
 
Yes
 
Pizza Hut
 
2,770
 
10/28/17
                       
14.26
 
SMF II
 
Domino’s Midland
 
Yes
 
Dominos
 
1,698
 
09/30/17
                       
14.27
 
SMF II
 
Captain D’s Montgomery
 
Yes
 
Captain D’s
 
2,330
 
11/30/16
                       
14.28
 
SMF II
 
Domino’s San Antonio
 
Yes
 
Dominos
 
1,512
 
01/31/16
                       
14.29
 
SMF II
 
Domino’s Belton
 
Yes
 
Dominos
 
1,500
 
04/30/21
                       
15
 
SMF II
 
Blue Lake Center
 
No
 
B.A.S.S., LLC
 
15,662
 
06/30/18
 
SS Nesbitt & Co.
 
14,430
 
07/31/18
 
McKesson Information Solutions LLC
 
13,629
 
07/31/17
16
 
JPMCB
 
Lodge at Tiburon
 
No
                                   
17
 
RCMC
 
100 Field Point Road
 
No
 
Field Point Private Bank
 
16,145
 
10/15/17
 
UBS Financial Services, Inc.
 
9,565
 
07/14/20
           
18
 
JPMCB
 
South Pointe
 
No
 
Mississippi Department of Revenue
 
210,785
 
06/30/34
 
University Physicians, PLLC
 
61,327
 
12/31/23
 
Lockheed Martin Corporation
 
30,469
 
08/31/16
19
 
RCMC
 
Village at Castle Pines
 
No
 
Canyon Fitness
 
24,671
 
07/31/19
 
Health Care Appraisers
 
7,935
 
04/30/18
 
Tony’s Meats
 
6,905
 
05/15/18
20
 
Barclays
 
EZ Storage Pico
 
No
                                   
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
No
                                   
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
 
No
                                   
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
No
                                   
22
 
Barclays
 
Memphis Self Storage Portfolio
 
No
                                   
22.01
 
Barclays
 
Airways Self Storage (Southaven)
 
No
                                   
22.02
 
Barclays
 
Storage Pros Kirby Raines
 
No
                                   
22.03
 
Barclays
 
Collierville Mini Storage
 
No
                                   
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
 
No
                                   
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
 
No
                                   
22.06
 
Barclays
 
Winchester Self Storage
 
No
                                   
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
 
No
                                   
23
 
SMF II
 
Victor Plaza
 
No
 
Goodwill
 
13,320
 
12/31/18
 
Dollar General
 
12,372
 
03/31/22
 
Westech College
 
12,059
 
11/30/16
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
No
                                   
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
No
                                   
26
 
Barclays
 
North Regency Center
 
No
 
Whole Foods
 
44,276
 
02/28/22
 
Cinzetti’s
 
14,000
 
01/31/23
 
Metcalf Liquors
 
7,000
 
03/31/20
27
 
SMF II
 
Paragon Office Building
 
No
 
Univers Workplace Benefits
 
20,721
 
03/31/18
 
Power Engineers, Inc
 
13,404
 
05/31/20
 
The Western and Southern Life Insurance Company
 
12,838
 
12/31/19
28
 
SMF II
 
AAA Quality Self Storage
 
No
                                   
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
No
                                   
30
 
Barclays
 
Mabley Place
 
No
 
Standard Parking
 
265,048
 
09/30/24
 
Domino’s
 
2,400
 
03/31/25
           
31
 
RCMC
 
Arapahoe Service Center II
 
No
 
Harland Financial Solutions, Inc. (D&H)
 
36,240
 
08/31/21
 
Catalyst Card Company, Inc.
 
17,993
 
01/31/18
 
MasTec North America, Inc.
 
14,400
 
10/31/15
32
 
RAIT
 
Value Place Hotels Portfolio
 
No
                                   
32.01
 
RAIT
 
Value Place Greer Duncan
 
No
                                   
32.02
 
RAIT
 
Value Place Riverwatch
 
No
                                   
32.03
 
RAIT
 
Value Place Noland
 
No
                                   
33
 
Barclays
 
Kaufman Financial Center
 
No
 
Kaufman Financial Group
 
42,319
 
12/31/26
 
Village Green
 
16,235
 
12/31/17
 
Kaufman, Payton & Chapa
 
13,220
 
12/31/26
34
 
RAIT
 
ZPI Portfolio
 
No
                                   
34.01
 
RAIT
 
Coffey Creek Business Park
 
No
 
Charlotte Mechanical
 
13,645
 
11/30/17
 
K & K and Associates, Inc.
 
11,729
 
07/31/15
 
Lead Source Marketing
 
6,693
 
11/30/15
 
 
A-1-17

 
 
ANNEX A-1
                   
                                                 
               
LARGEST TENANT (3), (19), (20), (21)
 
2nd LARGEST TENANT (3), (19), (20), (21)
 
3rd LARGEST TENANT (3), (19), (20), (21)
                                                 
           
Single
         
Lease
         
Lease
         
Lease
Loan #
 
Seller(1)
 
Property Name
 
Tenant
 
Largest Tenant
 
Unit Size
 
Expiration
 
2nd Largest Tenant
 
Unit Size
 
Expiration
 
3rd Largest Tenant
 
Unit Size
 
Expiration
34.02
 
RAIT
 
Arcade Square
 
No
 
Prudential Financial Services
 
7,979
 
05/31/17
 
Clawson & Staubes
 
5,039
 
05/31/16
 
Jordan Forsythe
 
3,403
 
02/29/16
34.03
 
RAIT
 
Rubin Business Center
 
No
 
TRI-ED Distribution, Inc.
 
10,598
 
11/30/18
 
Clark Powell
 
6,776
 
MTM
 
Cary Reconstruction Co, Inc.
 
4,793
 
09/30/15
35
 
SMF II
 
Fairfield Inn Horseheads
 
No
                                   
36
 
RAIT
 
New Land Enterprises
 
No
                                   
36.01
 
RAIT
 
306-316 East Silver Spring Drive
 
No
 
Fox Bay Cinema
 
18,398
 
12/31/23
 
Bayshore Dental
 
1,820
 
09/30/17
 
Wagner Pediatrics
 
1,808
 
11/30/24
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
 
No
 
Oriental Theater
 
30,668
 
06/30/18
 
Landmark Bowling & Bar
 
30,000
 
04/30/24
 
Alpha Cleaners
 
4,388
 
10/31/15
37
 
JPMCB
 
4302 Westheimer
 
Yes
 
TD Ameritrade, Inc.
 
11,388
 
05/01/25
                       
38
 
Barclays
 
Karma Retail Portfolio I
 
Various
                                   
38.01
 
Barclays
 
CVS Pharmacy - Peoria
 
Yes
 
CVS
 
13,813
 
12/04/23
                       
38.02
 
Barclays
 
7-Eleven - Fontana
 
No
 
7-Eleven
 
2,800
 
10/31/23
                       
38.03
 
Barclays
 
Burger King - Blythe
 
Yes
 
Burger King
 
3,316
 
08/29/26
                       
38.04
 
Barclays
 
Domino’s - Oceanside
 
Yes
 
Domino’s
 
1,624
 
02/28/29
                       
39
 
Barclays
 
Winkworth Apartments
 
No
                                   
40
 
RAIT
 
Row 31 Townhomes
 
No
                                   
41
 
JPMCB
 
110 Halsted Street
 
No
                                   
42
 
RAIT
 
S&T Bank Ground Lease
 
No
                                   
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
Yes
 
Walgreens
 
11,562
 
08/31/25
                       
44
 
SMF II
 
Colton House & Golfview Apartments
 
No
                                   
 
 
A-1-18

 
 
ANNEX A-1
                     
                                     
           
4th LARGEST TENANT (3), (19), (20), (21)
 
5th LARGEST TENANT (3), (19), (20), (21)
   
                                     
                   
Lease
         
Lease
 
Loan
Loan #
 
Seller(1)
 
Property Name
 
4th Largest Tenant
 
Unit Size
 
Expiration
 
5th Largest Tenant
 
Unit Size
 
Expiration
 
Purpose
1
 
JPMCB
 
The Club Row Building
 
Crew Cuts, Inc.
 
18,076
 
12/31/22
 
Invision, Inc.
 
13,114
 
06/30/22
 
Acquisition
2
 
SMF II
 
One Campus Martius
 
Wellness Center
 
50,116
 
12/31/24
 
Child Development Center
 
43,297
 
12/31/24
 
Acquisition
3
 
Barclays
 
The Branson at Fifth
                         
Refinance
4
 
RCMC
 
717 14th Street
 
CVS
 
7,969
 
01/31/26
             
Refinance
5
 
JPMCB
 
Shaner Hotels Portfolio
                         
Refinance
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                           
5.02
 
JPMCB
 
Courtyard - Jacksonville
                           
5.03
 
JPMCB
 
Durham Marriott City Center
                           
5.04
 
JPMCB
 
Residence Inn - Edina
                           
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
Polo Ralph Lauren
 
12,317
 
01/31/25
 
American Eagle
 
9,194
 
01/31/20
 
Refinance
7
 
JPMCB
 
Plymouth Road Tech Center
 
Virginia Tile Company
 
127,218
 
12/31/27
 
FedEx Ground Package System
 
54,708
 
08/31/16
 
Refinance
8
 
JPMCB
 
Legacy Apartments
                         
Refinance
9
 
SMF II
 
4141 North Scottsdale Road
 
Catalyst Media Design
 
2,843
 
10/31/17
             
Acquisition
10
 
JPMCB
 
Hotel Abri
                         
Refinance
11
 
Barclays
 
Prescott Place I & II
                         
Refinance
11.01
 
Barclays
 
Prescott Place II
                           
11.02
 
Barclays
 
Prescott Place I
                           
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
                         
Refinance
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
                         
Refinance
14
 
SMF II
 
AOK Portfolio
                         
Refinance
14.01
 
SMF II
 
Palo Alto Office
 
In2Change
 
740
 
MTM
 
California Singles
 
677
 
04/30/15
   
14.02
 
SMF II
 
Palo Alto Retail
 
Salon 454
 
560
 
07/31/19
               
14.03
 
SMF II
 
Kmart Corbin
                           
14.04
 
SMF II
 
Western Dental San Jose
                           
14.05
 
SMF II
 
Meineke Napa
                           
14.06
 
SMF II
 
Arby’s Roswell
                           
14.07
 
SMF II
 
Oconto Warehouse
                           
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                           
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                           
14.10
 
SMF II
 
Arby’s Marietta
                           
14.11
 
SMF II
 
Chili’s Silsbee
                           
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                           
14.13
 
SMF II
 
Dollar General Texarkana
                           
14.14
 
SMF II
 
Family Dollar Tecumseh
                           
14.15
 
SMF II
 
Papa John’s Lakewood
                           
14.16
 
SMF II
 
Fazoli’s Normal
                           
14.17
 
SMF II
 
Dollar General Cleveland
                           
14.18
 
SMF II
 
Dollar General Allen
                           
14.19
 
SMF II
 
Rally’s Seymour
                           
14.20
 
SMF II
 
Wendy’s Memphis
                           
14.21
 
SMF II
 
Kindercare Humble
                           
14.22
 
SMF II
 
Family Dollar Oklahoma City
                           
14.23
 
SMF II
 
KFC Bryan
                           
14.24
 
SMF II
 
Burger King Waupaca
                           
14.25
 
SMF II
 
Pizza Hut Gainesville
                           
14.26
 
SMF II
 
Domino’s Midland
                           
14.27
 
SMF II
 
Captain D’s Montgomery
                           
14.28
 
SMF II
 
Domino’s San Antonio
                           
14.29
 
SMF II
 
Domino’s Belton
                           
15
 
SMF II
 
Blue Lake Center
 
Principal Life Insurance Company
 
12,166
 
06/30/20
 
Rx Benefits
 
10,233
 
04/30/18
 
Acquisition
16
 
JPMCB
 
Lodge at Tiburon
                         
Refinance
17
 
RCMC
 
100 Field Point Road
                         
Acquisition
18
 
JPMCB
 
South Pointe
 
Verizon Business Services
 
13,636
 
10/31/18
 
Primeritus Financial Services, Inc.
 
8,000
 
02/06/17
 
Acquisition
19
 
RCMC
 
Village at Castle Pines
 
Cox, Baker & Paige
 
6,543
 
11/12/18
 
FirstPass Engineering
 
4,950
 
12/31/17
 
Acquisition
20
 
Barclays
 
EZ Storage Pico
                         
Refinance
21
 
Barclays
 
Hampton Roads Hotel Portfolio
                         
Refinance
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
                           
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
                           
22
 
Barclays
 
Memphis Self Storage Portfolio
                         
Acquisition
22.01
 
Barclays
 
Airways Self Storage (Southaven)
                           
22.02
 
Barclays
 
Storage Pros Kirby Raines
                           
22.03
 
Barclays
 
Collierville Mini Storage
                           
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                           
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                           
22.06
 
Barclays
 
Winchester Self Storage
                           
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
                           
23
 
SMF II
 
Victor Plaza
 
Family Fun Center
 
8,570
 
01/31/20
 
Majestic Beauty Supplies
 
8,200
 
01/31/19
 
Refinance
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
                         
Refinance
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
                         
Refinance
26
 
Barclays
 
North Regency Center
 
Hitch Fit
 
3,783
 
09/30/19
 
Kansas Kurry
 
3,026
 
11/30/19
 
Acquisition
27
 
SMF II
 
Paragon Office Building
 
Global Travel International, Inc.
 
7,672
 
11/30/17
 
Occidental Fire & Casualty Company of North Carolina
6,556
 
08/31/19
 
Refinance
28
 
SMF II
 
AAA Quality Self Storage
                         
Refinance
29
 
JPMCB
 
HIEX Philadelphia Midtown
                         
Refinance
30
 
Barclays
 
Mabley Place
                         
Acquisition
31
 
RCMC
 
Arapahoe Service Center II
 
Accenture LLP
 
10,390
 
09/30/18
             
Acquisition
32
 
RAIT
 
Value Place Hotels Portfolio
                         
Acquisition
32.01
 
RAIT
 
Value Place Greer Duncan
                           
32.02
 
RAIT
 
Value Place Riverwatch
                           
32.03
 
RAIT
 
Value Place Noland
                           
33
 
Barclays
 
Kaufman Financial Center
 
Swistak Levine, P.C.
 
7,363
 
06/30/18
 
David A. Jaffa
 
2,240
 
12/31/20
 
Refinance
34
 
RAIT
 
ZPI Portfolio
                         
Acquisition
34.01
 
RAIT
 
Coffey Creek Business Park
 
Cohcran, Inc.
 
6,500
 
07/31/17
 
Toolwell, Inc.
 
5,422
 
03/31/19
   
 
 
A-1-19

 
 
ANNEX A-1
                     
                                     
           
4th LARGEST TENANT (3), (19), (20), (21)
 
5th LARGEST TENANT (3), (19), (20), (21)
   
                                     
                   
Lease
         
Lease
 
Loan
Loan #
 
Seller(1)
 
Property Name
 
4th Largest Tenant
 
Unit Size
 
Expiration
 
5th Largest Tenant
 
Unit Size
 
Expiration
 
Purpose
34.02
 
RAIT
 
Arcade Square
 
Davidson Beauty Systems
 
3,000
 
05/31/19
 
Monk Real Estate
 
2,407
 
12/31/16
   
34.03
 
RAIT
 
Rubin Business Center
 
Mecklenburg County
 
3,875
 
08/31/16
 
Hilti
 
3,780
 
05/31/16
   
35
 
SMF II
 
Fairfield Inn Horseheads
                         
Refinance
36
 
RAIT
 
New Land Enterprises
                         
Refinance
36.01
 
RAIT
 
306-316 East Silver Spring Drive
 
Starbucks
 
1,520
 
09/30/22
 
Mathnasium
 
1,491
 
03/31/20
   
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
 
Swarming Tech
 
2,354
 
12/31/18
 
Pita Pit
 
1,859
 
04/30/23
   
37
 
JPMCB
 
4302 Westheimer
                         
Refinance
38
 
Barclays
 
Karma Retail Portfolio I
                         
Acquisition
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                           
38.02
 
Barclays
 
7-Eleven - Fontana
                           
38.03
 
Barclays
 
Burger King - Blythe
                           
38.04
 
Barclays
 
Domino’s - Oceanside
                           
39
 
Barclays
 
Winkworth Apartments
                         
Refinance
40
 
RAIT
 
Row 31 Townhomes
                         
Refinance
41
 
JPMCB
 
110 Halsted Street
                         
Refinance
42
 
RAIT
 
S&T Bank Ground Lease
                         
Refinance
43
 
RCMC
 
Walgreens - Mt. Airy, NC
                         
Acquisition
44
 
SMF II
 
Colton House & Golfview Apartments
                         
Refinance
 
 
A-1-20

 
 
ANNEX A-1
                         
                                         
                       
Pari Passu Debt
                           
Pari Passu
 
Pari Passu
 
Pari Passu
 
Total Cut-off
               
Lockbox
 
Lockbox
 
Pari Passu
 
Note Control
 
Piece  In Trust
 
Piece Non Trust
 
Date Pari
Loan #
 
Seller(1)
 
Property Name
 
Principal / Carveout Guarantor(22)
 
(Y/N)
 
Type(23)
 
(Y/N)
 
(Y/N)
 
Cut-Off Balance
 
Cut-Off Balance
 
Passu Debt
1
 
JPMCB
 
The Club Row Building
 
Ken Aschendorf, Berndt Perl
 
Yes
 
Hard
 
Yes
 
Yes
 
110,000,000
 
45,000,000
 
155,000,000
2
 
SMF II
 
One Campus Martius
 
Bedrock Real Estate Services, Caidan Enterprises, Inc.
 
Yes
 
Hard
 
Yes
 
Yes
 
75,000,000
 
50,000,000
 
125,000,000
3
 
Barclays
 
The Branson at Fifth
 
Salim Assa, Steven Finkelstein, Marilyn Finkelstein
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
4
 
RCMC
 
717 14th Street
 
Peter C. Minshall
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
5
 
JPMCB
 
Shaner Hotels Portfolio
 
Lance T. Shaner
 
Yes
 
Hard
 
Yes
 
Yes
 
35,000,000
 
42,090,000
 
77,090,000
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                               
5.02
 
JPMCB
 
Courtyard - Jacksonville
                               
5.03
 
JPMCB
 
Durham Marriott City Center
                               
5.04
 
JPMCB
 
Residence Inn - Edina
                               
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
CBL & Associates Limited Partnership, Horizon Group Properties, L.P.
 
Yes
 
CMA
 
Yes
 
No
 
32,406,939
 
44,871,146
 
77,278,085
7
 
JPMCB
 
Plymouth Road Tech Center
 
Ashley Holdings III, LLC
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
8
 
JPMCB
 
Legacy Apartments
 
George R. Walker III
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
9
 
SMF II
 
4141 North Scottsdale Road
 
Joaquin Charles de Monet
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
10
 
JPMCB
 
Hotel Abri
 
MetWest Real Estate Fund I LLC
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
11
 
Barclays
 
Prescott Place I & II
 
Chowdary Yalamanchili
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
11.01
 
Barclays
 
Prescott Place II
                               
11.02
 
Barclays
 
Prescott Place I
                               
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
Chatham Lodging Trust
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
Chatham Lodging Trust
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
14
 
SMF II
 
AOK Portfolio
 
Angelo Orciuoli
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
14.01
 
SMF II
 
Palo Alto Office
                               
14.02
 
SMF II
 
Palo Alto Retail
                               
14.03
 
SMF II
 
Kmart Corbin
                               
14.04
 
SMF II
 
Western Dental San Jose
                               
14.05
 
SMF II
 
Meineke Napa
                               
14.06
 
SMF II
 
Arby’s Roswell
                               
14.07
 
SMF II
 
Oconto Warehouse
                               
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                               
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                               
14.10
 
SMF II
 
Arby’s Marietta
                               
14.11
 
SMF II
 
Chili’s Silsbee
                               
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                               
14.13
 
SMF II
 
Dollar General Texarkana
                               
14.14
 
SMF II
 
Family Dollar Tecumseh
                               
14.15
 
SMF II
 
Papa John’s Lakewood
                               
14.16
 
SMF II
 
Fazoli’s Normal
                               
14.17
 
SMF II
 
Dollar General Cleveland
                               
14.18
 
SMF II
 
Dollar General Allen
                               
14.19
 
SMF II
 
Rally’s Seymour
                               
14.20
 
SMF II
 
Wendy’s Memphis
                               
14.21
 
SMF II
 
Kindercare Humble
                               
14.22
 
SMF II
 
Family Dollar Oklahoma City
                               
14.23
 
SMF II
 
KFC Bryan
                               
14.24
 
SMF II
 
Burger King Waupaca
                               
14.25
 
SMF II
 
Pizza Hut Gainesville
                               
14.26
 
SMF II
 
Domino’s Midland
                               
14.27
 
SMF II
 
Captain D’s Montgomery
             
 
 
 
           
14.28
 
SMF II
 
Domino’s San Antonio
             
 
 
 
           
14.29
 
SMF II
 
Domino’s Belton
             
 
 
 
           
15
 
SMF II
 
Blue Lake Center
 
David Garfinkle, Craig Sternberg, Ben Colonomos, David Lewin, Arnaud Sitbon
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
16
 
JPMCB
 
Lodge at Tiburon
 
MetWest Real Estate Fund I LLC
 
Yes
 
Hard
 
No
 
NAP
 
NAP
 
NAP
 
NAP
17
 
RCMC
 
100 Field Point Road
 
Rose Hill Associates, LLC
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
18
 
JPMCB
 
South Pointe
 
William Hertz, Isaac Hertz, Sarah Hertz
 
Yes
 
Hard
 
No
 
NAP
 
NAP
 
NAP
 
NAP
19
 
RCMC
 
Village at Castle Pines
 
Jeff Aeder
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
20
 
Barclays
 
EZ Storage Pico
 
Michael E. Greenhut, Calvin B. Gross
 
No
 
None
 
No
 
NAP
 
NAP
 
NAP
 
NAP
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
Neel Desai, Malay Thakkar
 
Yes
 
Hard
 
No
 
NAP
 
NAP
 
NAP
 
NAP
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
                 
 
           
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
                 
 
           
22
 
Barclays
 
Memphis Self Storage Portfolio
 
Kurt O’Brien
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
22.01
 
Barclays
 
Airways Self Storage (Southaven)
             
 
 
 
           
22.02
 
Barclays
 
Storage Pros Kirby Raines
                               
22.03
 
Barclays
 
Collierville Mini Storage
                               
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                               
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                               
22.06
 
Barclays
 
Winchester Self Storage
                               
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
             
 
 
 
           
23
 
SMF II
 
Victor Plaza
 
William R. Rothacker
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
Chandni, LLC, Jatin K. Shah, Rajni Rama, Se II, LLC
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
R. Todd Smith
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
26
 
Barclays
 
North Regency Center
 
Alan C. Fox
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
27
 
SMF II
 
Paragon Office Building
 
Emfil International Holdings, Ltd.
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
28
 
SMF II
 
AAA Quality Self Storage
 
Henry Pritchett
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
William B. McNamara
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
30
 
Barclays
 
Mabley Place
 
Michael Shustek
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
31
 
RCMC
 
Arapahoe Service Center II
 
NetREIT, Inc.
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
32
 
RAIT
 
Value Place Hotels Portfolio
 
Robert Fleckenstein, Ned Scharpf, Tania Odabashian, Joe Mitchel Cox Jr., Philip Cox, Tracy Fleenor
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
32.01
 
RAIT
 
Value Place Greer Duncan
                 
 
           
32.02
 
RAIT
 
Value Place Riverwatch
                 
 
           
32.03
 
RAIT
 
Value Place Noland
             
 
 
 
           
33
 
Barclays
 
Kaufman Financial Center
 
Alan Jay Kaufman
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
34
 
RAIT
 
ZPI Portfolio
 
Sky Management Services LLC
 
Yes
 
Hard
 
No
 
NAP
 
NAP
 
NAP
 
NAP
34.01
 
RAIT
 
Coffey Creek Business Park
                               
 
 
A-1-21

 
 
ANNEX A-1
                   
                                         
                       
Pari Passu Debt
                           
Pari Passu
 
Pari Passu
 
Pari Passu
 
Total Cut-off
               
Lockbox
 
Lockbox
 
Pari Passu
 
Note Control
 
Piece  In Trust
 
Piece Non Trust
 
Date Pari
Loan #
 
Seller(1)
 
Property Name
 
Principal / Carveout Guarantor(22)
 
(Y/N)
 
Type(23)
 
(Y/N)
 
(Y/N)
 
Cut-Off Balance
 
Cut-Off Balance
 
Passu Debt
34.02
 
RAIT
 
Arcade Square
                               
34.03
 
RAIT
 
Rubin Business Center
                               
35
 
SMF II
 
Fairfield Inn Horseheads
 
Arun Patel, Hemant Patel
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
36
 
RAIT
 
New Land Enterprises
 
Tim Gokhman, Ann Shuk
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                               
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                               
37
 
JPMCB
 
4302 Westheimer
 
Jeremy S. Cohen
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
38
 
Barclays
 
Karma Retail Portfolio I
 
Frank Damavandi (aka Faramarz Damavandi)
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                               
38.02
 
Barclays
 
7-Eleven - Fontana
                               
38.03
 
Barclays
 
Burger King - Blythe
                               
38.04
 
Barclays
 
Domino’s - Oceanside
                               
39
 
Barclays
 
Winkworth Apartments
 
Dana Hoffman
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
40
 
RAIT
 
Row 31 Townhomes
 
Tim Gokhman, Ann Shuk
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
41
 
JPMCB
 
110 Halsted Street
 
Dennis McNeil
 
Yes
 
Springing
 
No
 
NAP
 
NAP
 
NAP
 
NAP
42
 
RAIT
 
S&T Bank Ground Lease
 
Alfonso A. Costa
 
Yes
 
Hard
 
No
 
NAP
 
NAP
 
NAP
 
NAP
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
Arthur Draznin
 
Yes
 
CMA
 
No
 
NAP
 
NAP
 
NAP
 
NAP
44
 
SMF II
 
Colton House & Golfview Apartments
 
Peter Wells, Simon Fuchs
 
No
 
None
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
 
A-1-22

 
 
ANNEX A-1
                       
                                             
           
Additional Debt(24)
 
Total Debt
                       
Additional
         
Total Debt
     
Total Debt
           
Addit Debt
 
Addit Debt
 
Additional
 
Debt Cut off
 
Additional Debt
 
Total Debt
 
 UW NCF
 
Total Debt
 
 UW NOI
Loan #
 
Seller(1)
 
Property Name
 
Permitted (Y/N)
 
Exist (Y/N)
 
Debt Type(s)
 
Date Balance
 
Interest Rate
 
Cut-off Balance
 
DSCR
 
Current LTV %
 
Debt Yield %
1
 
JPMCB
 
The Club Row Building
 
No
 
Yes
 
B-Note
 
25,000,000
 
6.50000
 
180,000,000
 
1.27
 
72.0%
 
6.6%
2
 
SMF II
 
One Campus Martius
 
No
 
No
 
NAP
 
NAP
 
NAP
 
125,000,000
 
2.54
 
66.5%
 
12.1%
3
 
Barclays
 
The Branson at Fifth
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
4
 
RCMC
 
717 14th Street
 
No
 
Yes
 
Mezzanine Loan
 
5,500,000
 
9.00000
 
47,000,000
 
1.12
 
83.9%
 
7.5%
5
 
JPMCB
 
Shaner Hotels Portfolio
 
No
 
Yes
 
Mezzanine Loan
 
12,510,000
 
10.00000
 
89,600,000
 
1.44
 
80.0%
 
9.6%
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
                         
1.44
 
80.0%
 
9.6%
5.02
 
JPMCB
 
Courtyard - Jacksonville
                         
1.44
 
80.0%
 
9.6%
5.03
 
JPMCB
 
Durham Marriott City Center
                         
1.44
 
80.0%
 
9.6%
5.04
 
JPMCB
 
Residence Inn - Edina
                         
1.44
 
80.0%
 
9.6%
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
 
No
 
No
 
NAP
 
NAP
 
NAP
 
77,278,085
 
1.83
 
62.8%
 
11.3%
7
 
JPMCB
 
Plymouth Road Tech Center
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
8
 
JPMCB
 
Legacy Apartments
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
9
 
SMF II
 
4141 North Scottsdale Road
 
No
 
Yes
 
Preferred Equity
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
10
 
JPMCB
 
Hotel Abri
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
11
 
Barclays
 
Prescott Place I & II
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
11.01
 
Barclays
 
Prescott Place II
                         
NAP
 
NAP
 
NAP
11.02
 
Barclays
 
Prescott Place I
                         
NAP
 
NAP
 
NAP
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
14
 
SMF II
 
AOK Portfolio
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
14.01
 
SMF II
 
Palo Alto Office
                         
NAP
 
NAP
 
NAP
14.02
 
SMF II
 
Palo Alto Retail
                         
NAP
 
NAP
 
NAP
14.03
 
SMF II
 
Kmart Corbin
                         
NAP
 
NAP
 
NAP
14.04
 
SMF II
 
Western Dental San Jose
                         
NAP
 
NAP
 
NAP
14.05
 
SMF II
 
Meineke Napa
                         
NAP
 
NAP
 
NAP
14.06
 
SMF II
 
Arby’s Roswell
                         
NAP
 
NAP
 
NAP
14.07
 
SMF II
 
Oconto Warehouse
                         
NAP
 
NAP
 
NAP
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                         
NAP
 
NAP
 
NAP
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                         
NAP
 
NAP
 
NAP
14.10
 
SMF II
 
Arby’s Marietta
                         
NAP
 
NAP
 
NAP
14.11
 
SMF II
 
Chili’s Silsbee
                         
NAP
 
NAP
 
NAP
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                         
NAP
 
NAP
 
NAP
14.13
 
SMF II
 
Dollar General Texarkana
                         
NAP
 
NAP
 
NAP
14.14
 
SMF II
 
Family Dollar Tecumseh
                         
NAP
 
NAP
 
NAP
14.15
 
SMF II
 
Papa John’s Lakewood
                         
NAP
 
NAP
 
NAP
14.16
 
SMF II
 
Fazoli’s Normal
                         
NAP
 
NAP
 
NAP
14.17
 
SMF II
 
Dollar General Cleveland
                         
NAP
 
NAP
 
NAP
14.18
 
SMF II
 
Dollar General Allen
                         
NAP
 
NAP
 
NAP
14.19
 
SMF II
 
Rally’s Seymour
                         
NAP
 
NAP
 
NAP
14.20
 
SMF II
 
Wendy’s Memphis
                         
NAP
 
NAP
 
NAP
14.21
 
SMF II
 
Kindercare Humble
                         
NAP
 
NAP
 
NAP
14.22
 
SMF II
 
Family Dollar Oklahoma City
                         
NAP
 
NAP
 
NAP
14.23
 
SMF II
 
KFC Bryan
                         
NAP
 
NAP
 
NAP
14.24
 
SMF II
 
Burger King Waupaca
                         
NAP
 
NAP
 
NAP
14.25
 
SMF II
 
Pizza Hut Gainesville
                         
NAP
 
NAP
 
NAP
14.26
 
SMF II
 
Domino’s Midland
                         
NAP
 
NAP
 
NAP
14.27
 
SMF II
 
Captain D’s Montgomery
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
14.28
 
SMF II
 
Domino’s San Antonio
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
14.29
 
SMF II
 
Domino’s Belton
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
15
 
SMF II
 
Blue Lake Center
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
16
 
JPMCB
 
Lodge at Tiburon
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
17
 
RCMC
 
100 Field Point Road
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
18
 
JPMCB
 
South Pointe
 
No
 
Yes
 
Mezzanine Loan
 
2,500,000
 
12.00000
 
17,104,402
 
1.24
 
79.6%
 
10.7%
19
 
RCMC
 
Village at Castle Pines
 
No
 
Yes
 
Mezzanine Loan
 
2,600,000
 
10.00000
 
16,600,000
 
1.37
 
84.2%
 
9.5%
20
 
Barclays
 
EZ Storage Pico
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
22
 
Barclays
 
Memphis Self Storage Portfolio
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
22.01
 
Barclays
 
Airways Self Storage (Southaven)
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
22.02
 
Barclays
 
Storage Pros Kirby Raines
                         
NAP
 
NAP
 
NAP
22.03
 
Barclays
 
Collierville Mini Storage
                         
NAP
 
NAP
 
NAP
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                         
NAP
 
NAP
 
NAP
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                         
NAP
 
NAP
 
NAP
22.06
 
Barclays
 
Winchester Self Storage
                         
NAP
 
NAP
 
NAP
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
23
 
SMF II
 
Victor Plaza
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
26
 
Barclays
 
North Regency Center
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
27
 
SMF II
 
Paragon Office Building
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
28
 
SMF II
 
AAA Quality Self Storage
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
30
 
Barclays
 
Mabley Place
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
31
 
RCMC
 
Arapahoe Service Center II
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
32
 
RAIT
 
Value Place Hotels Portfolio
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
32.01
 
RAIT
 
Value Place Greer Duncan
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
32.02
 
RAIT
 
Value Place Riverwatch
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
32.03
 
RAIT
 
Value Place Noland
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
33
 
Barclays
 
Kaufman Financial Center
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
34
 
RAIT
 
ZPI Portfolio
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
34.01
 
RAIT
 
Coffey Creek Business Park
                         
NAP
 
NAP
 
NAP
 
 
A-1-23

 
 
ANNEX A-1
                           
                                             
           
Additional Debt(24)
 
Total Debt
                       
Additional
         
Total Debt
     
Total Debt
           
Addit Debt
 
Addit Debt
 
Additional
 
Debt Cut off
 
Additional Debt
 
Total Debt
 
 UW NCF
 
Total Debt
 
 UW NOI
Loan #
 
Seller(1)
 
Property Name
 
Permitted (Y/N)
 
Exist (Y/N)
 
Debt Type(s)
 
Date Balance
 
Interest Rate
 
Cut-off Balance
 
DSCR
 
Current LTV %
 
Debt Yield %
34.02
 
RAIT
 
Arcade Square
                         
NAP
 
NAP
 
NAP
34.03
 
RAIT
 
Rubin Business Center
                         
NAP
 
NAP
 
NAP
35
 
SMF II
 
Fairfield Inn Horseheads
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
36
 
RAIT
 
New Land Enterprises
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
36.01
 
RAIT
 
306-316 East Silver Spring Drive
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
 
 
 
 
 
 
             
NAP
 
NAP
 
NAP
37
 
JPMCB
 
4302 Westheimer
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
38
 
Barclays
 
Karma Retail Portfolio I
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                         
NAP
 
NAP
 
NAP
38.02
 
Barclays
 
7-Eleven - Fontana
                         
NAP
 
NAP
 
NAP
38.03
 
Barclays
 
Burger King - Blythe
                         
NAP
 
NAP
 
NAP
38.04
 
Barclays
 
Domino’s - Oceanside
                         
NAP
 
NAP
 
NAP
39
 
Barclays
 
Winkworth Apartments
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
40
 
RAIT
 
Row 31 Townhomes
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
41
 
JPMCB
 
110 Halsted Street
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
42
 
RAIT
 
S&T Bank Ground Lease
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
43
 
RCMC
 
Walgreens - Mt. Airy, NC
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
44
 
SMF II
 
Colton House & Golfview Apartments
 
No
 
No
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
 
A-1-24

 
 
ANNEX A-1
                                 
                                                                         
           
HOTEL OPERATING STATISTICS
   
                                                                         
           
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
Most Recent
 
Most Recent
 
UW
 
UW
 
UW
   
Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Loan #
1
 
JPMCB
 
The Club Row Building
                                                             
1
2
 
SMF II
 
One Campus Martius
                                                             
2
3
 
Barclays
 
The Branson at Fifth
                                                             
3
4
 
RCMC
 
717 14th Street
                                                             
4
5
 
JPMCB
 
Shaner Hotels Portfolio
 
71.3%
 
129.33
 
92.28
 
70.6%
 
136.93
 
96.73
 
75.9%
 
139.02
 
105.48
 
74.4%
 
148.56
 
110.46
 
74.8%
 
147.23
 
110.02
 
5
5.01
 
JPMCB
 
Newport Harbor Hotel & Marina
 
53.5%
 
195.46
 
104.65
 
54.3%
 
203.12
 
110.39
 
60.4%
 
191.69
 
115.69
 
62.1%
 
207.74
 
128.92
 
61.2%
 
204.54
 
125.22
 
5.01
5.02
 
JPMCB
 
Courtyard - Jacksonville
 
75.4%
 
139.05
 
104.82
 
76.5%
 
143.58
 
109.79
 
82.1%
 
146.62
 
120.34
 
81.1%
 
158.52
 
128.53
 
81.3%
 
156.55
 
127.24
 
5.02
5.03
 
JPMCB
 
Durham Marriott City Center
 
73.2%
 
110.37
 
80.77
 
76.3%
 
119.25
 
91.01
 
77.2%
 
125.52
 
96.85
 
73.1%
 
129.30
 
94.48
 
74.5%
 
129.46
 
96.39
 
5.03
5.04
 
JPMCB
 
Residence Inn - Edina
 
82.0%
 
100.12
 
82.13
 
72.3%
 
105.78
 
76.47
 
82.6%
 
109.92
 
90.76
 
80.9%
 
116.62
 
94.31
 
81.3%
 
116.66
 
94.79
 
5.04
6
 
JPMCB
 
The Outlet Shoppes of the Bluegrass
                                                             
6
7
 
JPMCB
 
Plymouth Road Tech Center
                                                             
7
8
 
JPMCB
 
Legacy Apartments
                                                             
8
9
 
SMF II
 
4141 North Scottsdale Road
                                                             
9
10
 
JPMCB
 
Hotel Abri
 
79.3%
 
164.74
 
130.64
 
84.9%
 
168.94
 
143.48
 
87.6%
 
182.44
 
159.88
 
85.8%
 
206.76
 
177.33
 
85.8%
 
206.76
 
177.33
 
10
11
 
Barclays
 
Prescott Place I & II
                                                             
11
11.01
 
Barclays
 
Prescott Place II
                                                             
11.01
11.02
 
Barclays
 
Prescott Place I
                                                             
11.02
12
 
Barclays
 
Homewood Suites by Hilton Carlsbad
 
83.4%
 
128.87
 
107.45
 
86.1%
 
130.92
 
112.75
 
85.4%
 
132.31
 
112.95
 
87.0%
 
136.60
 
118.90
 
87.0%
 
136.60
 
118.90
 
12
13
 
Barclays
 
Hampton Inn & Suites Houston Medical Center
 
77.3%
 
110.83
 
85.63
 
77.8%
 
120.77
 
85.63
 
85.1%
 
134.63
 
114.52
 
89.7%
 
144.43
 
129.49
 
87.4%
 
144.43
 
126.23
 
13
14
 
SMF II
 
AOK Portfolio
                                                             
14
14.01
 
SMF II
 
Palo Alto Office
                                                             
14.01
14.02
 
SMF II
 
Palo Alto Retail
                                                             
14.02
14.03
 
SMF II
 
Kmart Corbin
                                                             
14.03
14.04
 
SMF II
 
Western Dental San Jose
                                                             
14.04
14.05
 
SMF II
 
Meineke Napa
                                                             
14.05
14.06
 
SMF II
 
Arby’s Roswell
                                                             
14.06
14.07
 
SMF II
 
Oconto Warehouse
                                                             
14.07
14.08
 
SMF II
 
Dollar General Laredo (Mines)
                                                             
14.08
14.09
 
SMF II
 
Dollar General Laredo (Zapata)
                                                             
14.09
14.10
 
SMF II
 
Arby’s Marietta
                                                             
14.10
14.11
 
SMF II
 
Chili’s Silsbee
                                                             
14.11
14.12
 
SMF II
 
Danny’s Auto Rancho Cordova
                                                             
14.12
14.13
 
SMF II
 
Dollar General Texarkana
                                                             
14.13
14.14
 
SMF II
 
Family Dollar Tecumseh
                                                             
14.14
14.15
 
SMF II
 
Papa John’s Lakewood
                                                             
14.15
14.16
 
SMF II
 
Fazoli’s Normal
                                                             
14.16
14.17
 
SMF II
 
Dollar General Cleveland
                                                             
14.17
14.18
 
SMF II
 
Dollar General Allen
                                                             
14.18
14.19
 
SMF II
 
Rally’s Seymour
                                                             
14.19
14.20
 
SMF II
 
Wendy’s Memphis
                                                             
14.20
14.21
 
SMF II
 
Kindercare Humble
                                                             
14.21
14.22
 
SMF II
 
Family Dollar Oklahoma City
                                                             
14.22
14.23
 
SMF II
 
KFC Bryan
                                                             
14.23
14.24
 
SMF II
 
Burger King Waupaca
                                                             
14.24
14.25
 
SMF II
 
Pizza Hut Gainesville
                                                             
14.25
14.26
 
SMF II
 
Domino’s Midland
                                                             
14.26
14.27
 
SMF II
 
Captain D’s Montgomery
                                                             
14.27
14.28
 
SMF II
 
Domino’s San Antonio
                                                             
14.28
14.29
 
SMF II
 
Domino’s Belton
                                                             
14.29
15
 
SMF II
 
Blue Lake Center
                                                             
15
16
 
JPMCB
 
Lodge at Tiburon
 
69.9%
 
154.45
 
108.00
 
67.4%
 
150.55
 
101.47
 
82.3%
 
173.22
 
142.49
 
80.8%
 
193.10
 
155.97
 
80.8%
 
193.10
 
155.97
 
16
17
 
RCMC
 
100 Field Point Road
                                                             
17
18
 
JPMCB
 
South Pointe
                                                             
18
19
 
RCMC
 
Village at Castle Pines
                                                             
19
20
 
Barclays
 
EZ Storage Pico
                                                             
20
21
 
Barclays
 
Hampton Roads Hotel Portfolio
 
64.1%
 
88.04
 
56.40
 
67.8%
 
87.11
 
59.07
 
64.4%
 
90.64
 
58.38
 
65.1%
 
92.74
 
60.40
 
65.1%
 
92.74
 
60.40
 
21
21.01
 
Barclays
 
SpringHill Suites by Marriott Chesapeake Greenbrier
 
65.2%
 
85.18
 
55.53
 
74.5%
 
83.53
 
62.20
 
66.2%
 
85.89
 
56.82
 
68.6%
 
87.95
 
60.36
 
68.6%
 
87.95
 
60.36
 
21.01
21.02
 
Barclays
 
Holiday Inn Express & Suites - Williamsburg
 
62.4%
 
92.29
 
57.62
 
58.4%
 
93.58
 
54.63
 
61.9%
 
97.84
 
60.60
 
60.2%
 
100.49
 
60.46
 
60.2%
 
100.49
 
60.46
 
21.02
22
 
Barclays
 
Memphis Self Storage Portfolio
                                                             
22
22.01
 
Barclays
 
Airways Self Storage (Southaven)
                                                             
22.01
22.02
 
Barclays
 
Storage Pros Kirby Raines
                                                             
22.02
22.03
 
Barclays
 
Collierville Mini Storage
                                                             
22.03
22.04
 
Barclays
 
Stateline Self Storage (Southaven)
                                                             
22.04
22.05
 
Barclays
 
Getwell & Shelby Mini Storage (Southern)
                                                             
22.05
22.06
 
Barclays
 
Winchester Self Storage
                                                             
22.06
22.07
 
Barclays
 
Frayser Self Storage (Northwest)
                                                             
22.07
23
 
SMF II
 
Victor Plaza
                                                             
23
24
 
JPMCB
 
Fairfield Inn & Suites - Lexington, KY
 
61.4%
 
95.05
 
58.31
 
65.7%
 
93.41
 
61.38
 
73.9%
 
96.54
 
71.34
 
74.9%
 
102.31
 
76.61
 
74.9%
 
102.31
 
76.61
 
24
25
 
JPMCB
 
Hampton Inn & Suites - Union Centre
 
71.6%
 
118.37
 
84.79
 
71.9%
 
122.08
 
87.76
 
72.4%
 
123.54
 
89.48
 
75.2%
 
126.45
 
95.08
 
72.5%
 
126.45
 
91.68
 
25
26
 
Barclays
 
North Regency Center
                                                             
26
27
 
SMF II
 
Paragon Office Building
                                                             
27
28
 
SMF II
 
AAA Quality Self Storage
                                                             
28
29
 
JPMCB
 
HIEX Philadelphia Midtown
 
82.2%
 
136.11
 
111.86
 
81.7%
 
143.45
 
117.22
 
84.7%
 
142.81
 
121.00
 
79.5%
 
144.25
 
114.74
 
79.5%
 
144.25
 
114.74
 
29
30
 
Barclays
 
Mabley Place
                                                             
30
31
 
RCMC
 
Arapahoe Service Center II
                                                             
31
32
 
RAIT
 
Value Place Hotels Portfolio
 
78.5%
 
27.46
 
21.55
 
72.7%
 
28.07
 
20.40
 
73.2%
 
29.26
 
21.41
 
73.3%
 
29.90
 
21.92
 
73.4%
 
29.78
 
21.84
 
32
32.01
 
RAIT
 
Value Place Greer Duncan
 
84.5%
 
23.10
 
19.51
 
85.7%
 
24.69
 
21.16
 
82.2%
 
27.36
 
22.49
 
84.0%
 
27.65
 
23.21
 
84.0%
 
27.36
 
22.97
 
32.01
32.02
 
RAIT
 
Value Place Riverwatch
 
73.8%
 
30.53
 
22.52
 
64.1%
 
30.86
 
19.78
 
70.6%
 
30.86
 
21.80
 
69.8%
 
31.50
 
21.98
 
69.8%
 
31.50
 
21.98
 
32.02
32.03
 
RAIT
 
Value Place Noland
 
76.7%
 
29.77
 
22.82
 
67.1%
 
30.14
 
20.21
 
65.6%
 
30.14
 
19.76
 
65.0%
 
31.38
 
20.39
 
65.0%
 
31.38
 
20.39
 
32.03
33
 
Barclays
 
Kaufman Financial Center
                                                             
33
34
 
RAIT
 
ZPI Portfolio
                                                             
34
34.01
 
RAIT
 
Coffey Creek Business Park
                                                             
34.01
 
 
A-1-25

 
 
ANNEX A-1
                                     
                                                                         
           
HOTEL OPERATING STATISTICS
   
                                                                         
           
2011
 
2011
 
2011
 
2012
 
2012
 
2012
 
2013
 
2013
 
2013
 
Most Recent
 
Most Recent
 
Most Recent
 
UW
 
UW
 
UW
   
Loan #
 
Seller(1)
 
Property Name
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Occupancy %
 
ADR ($)
 
RevPAR ($)
 
Loan #
34.02
 
RAIT
 
Arcade Square
                                                             
34.02
34.03
 
RAIT
 
Rubin Business Center
                                                             
34.03
35
 
SMF II
 
Fairfield Inn Horseheads
                                     
68.4%
 
106.36
 
72.71
 
68.4%
 
106.36
 
72.71
 
35
36
 
RAIT
 
New Land Enterprises
                                                             
36
36.01
 
RAIT
 
306-316 East Silver Spring Drive
                                                             
36.01
36.02
 
RAIT
 
2216-2230 North Farwell Avenue
                                                             
36.02
37
 
JPMCB
 
4302 Westheimer
                                                             
37
38
 
Barclays
 
Karma Retail Portfolio I
                                                             
38
38.01
 
Barclays
 
CVS Pharmacy - Peoria
                                                             
38.01
38.02
 
Barclays
 
7-Eleven - Fontana
                                                             
38.02
38.03
 
Barclays
 
Burger King - Blythe
                                                             
38.03
38.04
 
Barclays
 
Domino’s - Oceanside
                                                             
38.04
39
 
Barclays
 
Winkworth Apartments
                                                             
39
40
 
RAIT
 
Row 31 Townhomes
                                                             
40
41
 
JPMCB
 
110 Halsted Street
                                                             
41
42
 
RAIT
 
S&T Bank Ground Lease
                                                             
42
43
 
RCMC
 
Walgreens - Mt. Airy, NC
                                                             
43
44
 
SMF II
 
Colton House & Golfview Apartments
                                                             
44
 
 
A-1-26

 
 
Footnotes to Annex A-1
   
(1)
JPMCB denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; “Barclays” denotes Barclays Bank PLC, as Mortgage Loan Seller; “Starwood” denotes Starwood Mortgage Funding II LLC, as Mortgage Loan Seller; “RCMC” denotes Redwood Commercial Mortgage Corporation; and “RAIT” denotes RAIT Funding, LLC, as Mortgage Loan Seller, as Mortgage Loan Seller.
   
(2)
Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property.
 
With respect to Loan No. 3, The Branson at Fifth, the total square footage of 59,131 is comprised of 31 multifamily units totaling 44,250 square feet and a commercial space totaling 14,881 square feet.
 
With respect to Loan No. 30, Mabley Place, the collateral is comprised of a parking garage comprising of 775 parking spaces totaling 265,048 square feet and 8,400 square feet of retail space.
   
(3)
In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy.
 
With respect to Loan No. 2, One Campus Martius, the Largest Tenant, Quicken Loans, Inc., has executed a lease, taken possession of its leased space and begun paying rent, but has not yet taken full occupancy of its space.  The 2nd Largest Tenant, Meridian Health Plan, has executed a lease, taken possession of its leased space and begun paying rent, but has not yet taken full occupancy of its space.
 
With respect to Loan No. 3, The Branson at Fifth, the Largest Tenant, Domenico Vacca executed a lease in December 2014 and will fund and complete a $3.5 million build-out. The tenant will open for business and commence paying rent in April 2015.
 
With respect to Loan No. 6, The Outlet Shoppes of the Bluegrass, four tenants pay percentage-in-lieu rent (“PIL”), and these tenants comprise approximately 12.2% of underwritten rents.  These tenants include the Largest Tenant, Saks Fifth Avenue Off 5th, and the 4th Largest Tenant, Polo Ralph Lauren.  The rental calculation is based on the minimum PIL payment set forth in the related lease and the borrower’s estimated sales, and these tenants will pay percentage-in-lieu rent for their entire lease terms.
 
With respect to Loan No. 29, HIEX Philadelphia Midtown, the mortgaged property includes a five-level parking garage, which accounts for 7.9% of total revenue. The borrower receives fixed rent payments of $180,000 annually for space leased by Patriot Parking, and the borrower also receives percentage rent in the amount of 40% of the net parking revenues up to a maximum amount of $1,200,000 and 60% of the net parking revenues above that maximum amount.  The underwritten revenues from the parking garage are based on the October 2014 revenue ratios.
 
With respect to Loan No. 37, 4302 Westheimer, the Largest Tenant, TD Ameritrade, Inc., has executed a lease but is not yet in occupancy or paying rent. The tenant is expected to take occupancy in April 2015 and commence paying rent in August 2015. The underwritten rent for TD Ameritrade, Inc. represents the average rent over the loan term.
   
(4)
With respect to all mortgage loans, with the exceptions of the mortgage loans listed below,  the Current LTV % and the Maturity LTV % are based on the “as-is” Appraisal Value ($) even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met.
 
With respect to Loan  No. 25, Hampton Inn & Suites - Union Centre, the Appraised Value represents the “When Complete” value, effective as of December 1, 2015, which assumed that the property improvement plan required under the franchise agreement has been completed. At origination of the mortgage loan, the borrower reserved the full estimated cost for the property improvement plan in the amount of $825,000 in the Upfront Capex Reserve ($). The “as-is” appraised value as of November 3, 2014 for the mortgaged property is $14,700,000.
 
With respect to Loan No. 37, 4302 Westheimer, the Appraised Value represents the hypothetical “As If Stabilized” value, effective as of December 30, 2014, which assumed that all funds needed to place the sole tenant, TD Ameritrade, Inc., in the property (including landlord paid build-out, commissions, and deferred maintenance) have been escrowed, and that the tenant is paying rent. At origination of the mortgage loan, the borrower reserved $300,000 for the free rent/rent abatement obligations and $200,000 for the outstanding tenant improvement
 
 
A-1-27

 
 
  obligations, and an upfront reserve of $1,000,000, which will be released to the borrower upon delivery of the leased space. The “as-is” appraised value as of December 30, 2014 for the mortgaged property is $9,000,000.
   
(5)
For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Current Balance ($), and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation.
   
(6)
With respect to Loan No. 1, The Club Row Building, the loan is part of a $180,000,000 whole loan (“The Club Row Building Whole Loan”) which is comprised of two senior pari passu components (Note A-1 and Note A-2) and a subordinate component (Note B). Note A-1 has an outstanding principal balance as of the Cut-off Date of $110,000,000 and is being contributed to the JPMBB 2015-C27 Trust. Note A-2 (together with Note A-1, the “The Club Row Building Pari Passu Companion Loans”) has an outstanding principal balance as of the Cut-off Date of $45,000,000 and is expected to be contributed to a future securitization.  Note B (the “The Club Row Building Subordinate Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $25,000,000 and has been sold to a third party investor. All loan level metrics are based on The Club Row Building Pari Passu Companion Loans only and exclude The Club Row Building Subordinate Companion Loan.
 
With respect to Loan No. 2, One Campus Martius, the mortgage loan is part of a $125,000,000 whole loan (the “One Campus Martius Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2).  Note A-1 (the “One Campus Martius Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $75,000,000 and is being contributed to the JPMBB 2015-C27 Trust. Note A-2 (the “One Campus Martius Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $50,000,000 and is expected to be contributed to a future securitization trust. All loan level metrics are based on the One Campus Martius Whole Loan balance.
 
With respect to Loan No. 5, Shaner Hotels Portfolio, the mortgage loan is part of a $77,090,000 whole loan (the “Shaner Hotels Portfolio Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-1 (the “Shaner Hotels Portfolio Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $35,000,000 and is being contributed to the JPMBB 2015-C27 Trust.  Note A-2 (the “Shaner Hotels Portfolio Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $42,090,000 and is expected to be contributed to a future securitization trust. All loan level metrics are based on the Shaner Hotels Portfolio Whole Loan balance.
 
With respect to Loan No. 6, The Outlet Shoppes of the Bluegrass, the mortgage loan is part of a $77,500,000 whole loan (“The Outlet Shoppes of the Bluegrass Whole Loan”) which is comprised of two pari passu components (Note A-1 and Note A-2). Note A-2 (“The Outlet Shoppes of the Bluegrass Mortgage Loan”) has an outstanding principal balance as of the Cut-off Date of $32,406,939 and is being contributed to the JPMBB 2015-C27 Trust.  Note A-1 (the “The Outlet Shoppes of the Bluegrass Pari Passu Companion Loan”) has an outstanding principal balance as of the Cut-off Date of $44,871,146 and was contributed to the JPMBB 2014-C26 trust.  All loan level metrics are based on The Outlet Shoppes of the Bluegrass Whole Loan balance.
   
(7)
Each number identifies a group of related borrowers.
   
(8)
For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator fee rate), the Senior Trust Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).
   
(9)
For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.
   
(10)
With respect to all mortgage loans, except for any mortgage loan(s) listed below, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12.
   
(11)
With respect to Loan No. 43, Walgreens - Mt. Airy, NC, the mortgage loan has an ARD feature with an anticipated repayment date of February 5, 2025, with an increase in the interest rate equal to the greater of (i) 9.35000% per annum and (ii) the treasury rate plus 500 basis points, until the final maturity date of February 5, 2045.
   
(12)
The “L” component of the prepayment provision represents lockout payments.
The “Def” component of the prepayment provision represents defeasance payments.
The “YM” component of the prepayment provision represents yield maintenance payments.
 
 
A-1-28

 
 
 
The “O” Component of the prepayment provision represents the free payments including the Maturity Date.
   
 
With respect to Loan No. 2, One Campus Martius, the lockout period is the earlier of December 31, 2017 or two years after the last securitization of a One Campus Martius Companion Loan. The prepayment string reflects a lockout period ending two years after the anticipated Closing Date.
   
 
With respect to Loan No. 5, Shaner Hotels Portfolio, the lockout period expires on the date that is two years after the securitization of the Shaner Hotels Portfolio Pari Passu Companion Loan. The prepayment string reflects a lockout period ending two years after the anticipated Closing Date.
   
 
With respect to Loan No. 44, Colton House & Golfview Apartments, either building at the related mortgaged property can be released as collateral for the mortgage loan upon the partial repayment of the loan in the amount equal to the greatest of: (i) 125% of the allocated loan amounts as follows: (x) $1,917,030 for Colton House Apartments or (y) $1,540,470 for Golfview Apartments, (ii) the amount that will result in the LTV on the remaining building, after giving effect to the release, being no greater than 75% or (iii) the amount that will result in the DSCR on the remaining building, after giving effect to the release, being no less than a DSCR of 1.60x.
   
(13)
With respect to some mortgage loans, historical financial information may not be available due to the when the properties were constructed and/or acquired.
 
With respect to Loan No. 2, One Campus Martius, the property was recently acquired and historical financials are not available.
 
With respect to Loan No. 3, The Branson at Fifth, historical figures are not available because the property was acquired by the borrower in 2013 and subsequently gut renovated and converted in 2014.
 
With respect to Loan No. 6, The Outlet Shoppes of the Bluegrass, the related property is newly constructed and therefore no historical financials are available.
 
With respect to Loan No. 14, AOK Portfolio, historical financial information is not available for certain mortgaged properties that were not acquired by the borrower prior to or during the related calendar year.  The historical financial information for the Mortgaged Properties was determined from annual tax returns, however, since the borrower has not yet provided its annual tax return for 2014, the 2014 NOI that is shown was estimated based on base rent and percentage rent due under the related leases during 2014 and the underwritten assumptions for reimbursements and operating expenses.
 
With respect to Loan No. 17, 100 Field Point Road, the Most Recent NOI ($) is for the nine months ended September 30, 2014, annualized.
 
With respect to Loan No. 30, Mabley Place, historical figures are not available as the property was recently acquired and was renovated in 2014 to add 250 parking spaces to the then existing 525 parking spaces, as well as 8,400 square feet of ground floor retail.
 
With respect to Loan No. 38, Karma Retail Portfolio I, the properties were recently acquired and historical financials are not available.
 
With respect to Loan No. 40, Row 31 Townhomes, the related property is newly constructed and historical financials are not available.
 
With respect to Loan No. 41, 110 Halsted Street, the Most Recent NOI ($) is for the six months ended November 30, 2014, annualized.
   
(14)
With respect to all hotel properties, the UW NOI ($) is shown after taking a deduction for an FF&E reserve, and as such, the UW NOI ($) and UW NCF ($) for these properties are the same.
   
(15)
The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the Note Date during the term of the mortgage loan.
 
With respect to Loan No. 41, 110 Halsted Street, the mortgaged property is subject to tax abatement agreement in place with the City of East Orange dated November 19, 2014.  The agreement provides that the tax payment is based upon an assessed land value and a percentage of the assessed improvement value, in conjunction with the
 
 
A-1-29

 
 
  current tax rate. The property’s 2014 taxes will be $80,069, and the lender has underwritten the estimated amount of the full unabated tax expense totaling $104,594. The abatement expires in January 2020.
   
(16)
Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents.
 
With respect to Loan No. 3, The Branson at Fifth, the Upfront Other Reserve ($) consists of a $4.0 million holdback and $500,000 for gap rent, both related to the Domenico Vacca retail tenant’s lease. Of the $4.0 million holdback, 50% will be dispersed when: (i) no default beyond any applicable cure periods exists under the tenant’s lease, (ii) all work required to be performed by the tenant pursuant to its lease has been performed in accordance with all legal requirements and that tenant has taken possession of the space, (iii) tenant has commenced paying full unabated rent pursuant to its lease and (iv) tenant is open for business to the general public and the store is sufficiently merchandised with quality products and inventory that is customary and substantially similar to the tenant’s other stores, if applicable. The remaining 50% of the $4.0 million Domenico Vacca holdback will be disbursed 180 days following the disbursement of the initial 50%, provided that, Domenico Vacca (or a replacement tenant acceptable to the lender) is current on all rent payments due under its lease (or any replacement tenant lease acceptable to the lender, as applicable) and no defaults exist under the lease beyond any applicable notice and/or cure periods set forth therein.
   
(17)
Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective mortgage loan documents.
 
With respect to Loan No. 3, The Branson at Fifth, upon the occurrence of any of the following: (i) 12 months prior to the expiration of the Domenico Vacca lease (or any replacement tenant lease acceptable to the lender, as applicable), (ii) Domenico Vacca (or a replacement tenant acceptable to the lender) defaults on its lease, (iii) Domenico Vacca (or a replacement tenant acceptable to the lender) goes dark, fails to be in actual physical position of its space or fails to open during customary hours in all of its space, (iv) Domenico Vacca (or a replacement tenant acceptable to the lender) terminates its lease for all or any portion of its space or (v) any bankruptcy event of Domenico Vacca (or a replacement tenant acceptable to the lender), all excess cash flow after payment of debt service, required reserves and operating expenses will be swept into a reserve for tenant improvements and leasing commissions associated with re-tenanting the commercial space.
 
With respect to Loan No. 4, 717 14th Street, the borrower will make monthly deposits of $17,531 into the rollover reserve. However, so long as (i) no event of default has occurred and is continuing, (ii) the occupancy at the property is 75.0% or greater and (iii) the rollover reserve is greater than $1,000,000, borrower will not be required to make monthly deposits into the rollover reserve.  In addition, borrower will make monthly deposits into the ground lease reserve.  Provided (i) no event of default has occurred and is continuing, (ii) borrower continues to pay the ground rent due in monthly installments in accordance with the terms of the ground lease, (iii) borrower provides lender with evidence reasonably satisfactory to lender that all ground rent has been paid monthly, when due and (iv) borrower continues to comply with the loan agreement, herein, borrower will not be required to make monthly deposits into the ground lease reserve.
 
With respect to Loan No. 6, The Outlet Shoppes of the Bluegrass, the Monthly Capex Reserve ($) is waived to the extent that there is no event of default and, at any time after the calendar quarter ending September 30, 2015, the debt service coverage ratio is greater than 1.30x for the two previous consecutive calendar quarters based on the trailing 12 month period.  The Monthly TI/LC Reserve ($) commences on January 1, 2018.
 
With respect to Loan No. 17, 100 Field Point Road,  upon a tenant trigger event period, as defined in the loan agreement, all excess cash will be swept into a Tenant Trigger Event Reserve, unless borrower deposits $350,000 in the form of cash or a letter of credit with the lender.
 
With respect to Loan No. 18, South Pointe, Monthly Other Reserve ($) deposit of $10,539 is only for the first 34 payment dates.
 
With respect to Loan No. 19, Village at Castle Pines, the borrower will make monthly deposits of $10,407 into the rollover reserve. However, so long as (i) no event of default has occurred and is continuing and (ii) the physical and economic occupancy at the property is 80.0% or greater, borrower will make monthly deposits into the rollover reserve only to the extent that funds on deposit are less than $500,000.
 
 
A-1-30

 
 
 
With respect to Loan No. 20, EZ Storage Pico, the borrower will make Monthly Capex Reserve ($) deposits of one-twelfth of $0.15 per square foot (approximately $1,067) if borrower fails to maintain the property in accordance with the loan documents.
 
With respect to Loan No. 24, Fairfield Inn & Suites - Lexington, KY, the Monthly Other Reserve ($) represents a seasonality reserve, and, commencing on April 2016, the borrower is required to deposit such amount on the payment dates in April through October in each year during the term of the mortgage loan.
 
With respect to Loan  No. 25, Hampton Inn & Suites - Union Centre, in addition to the Monthly Capex Reserve ($), commencing on February 1, 2024 and on each payment date thereafter, the borrower is also required to reserve an amount equal to one-twelfth of the difference between $1,000,000 and the amount on deposit in the Monthly Capex Reserve ($) as of January 15, 2024, unless the related franchise agreement has been extended to a term that is at least three years beyond the maturity date of the mortgage loan.
 
With respect to Loan No. 29, HIEX Philadelphia Midtown, in connection with any property improvement plan required pursuant to the franchise agreement, borrower will deposit into an amount determined by the lender to be required for such new property improvement plan.
 
With respect to Loan No. 31, Arapahoe Service Center II, upon a tenant trigger event period, as defined in the loan agreement, all excess cash will be swept into a Tenant Trigger Event Reserve, unless borrower deposits $350,000 in the form of cash or a letter of credit with the lender.
 
With respect to Loan No. 32, Value Place Hotels Portfolio, in connection with any property improvement plan required pursuant to the applicable franchise agreement, the borrower will deposit into the property improvement reserve account 110% of the amount determined by the lender to be required for such new property improvement plan.
 
With respect to Loan No. 33, Kaufman Financial Center, at origination, in lieu of the borrower depositing into escrow approximately $195,305 for an Upfront Capex Reserve ($) and $516,760 for an Upfront TI/LC Reserve ($), the guarantor provided a payment guaranty in the amount of approximately $712,065.
 
With respect to Loan No. 34, ZPI Portfolio, the borrower deposited $125,000 into the immediate repair reserve at origination.  The borrower is required to make monthly deposits of $10,473.96 for the first twelve months of the loan term.
 
With respect to Loan No. 35, Fairfield Inn Horseheads, the borrower is required to make Monthly Capex Reserve ($) deposits equal to one twelfth of 2.0% of annual gross revenue generated at the related mortgaged property for the monthly payment dates up to and including January 6, 2017, which is currently approximately $3,525. Commencing on February 6, 2017 the borrower is required to make Monthly Capex Reserve ($) deposits in the amount of one twelfth of 4.0% of annual gross revenue generated at the mortgaged property. The amounts deposited in the FF&E Reserve are capped at $243,849.
   
 
With respect to Loan No. 38, Karma Retail Portfolio I, on or before the date that is nine months prior to the expiration of the CVS Pharmacy lease, borrower may deposit $300,000 into the CVS Pharmacy Reserve in the form of cash or a letter of credit. If borrower does not elect to deposit the $300,000 as cash or a letter of credit into the CVS Pharmacy Reserve and CVS Pharmacy fails to extend or renew its lease for the applicable five year extension period, all excess cash will be swept into the excess cash reserve.
 
With respect to Loan No. 40, Row 31 Townhomes, the borrower is required to make monthly deposits of $645.83 into the replacement reserve.  The replacement reserve is capped at $15,500, at which time the monthly payments will be waived.  If at any time during the term of the loan the balance of the replacement reserve is less than $7,750, or an event of default has occurred, the monthly payment of $645.83 will be reinstated until either the replacement reserve reaches the cap or no event of default exists.
 
With respect to Loan No. 42, S&T Bank Ground Lease, the tenant is responsible for payment of all taxes and insurance, and the lender is not escrowing for taxes or insurance.
   
(18)
Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.
 
 
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(19)
With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any Mortgaged Property.
   
(20)
In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date, and may not include smaller spaces with different expiration dates.
   
(21)
The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease.
 
With respect to Loan No. 2, One Campus Martius, the 3rd Largest Tenant, Compuware Corporation, plans to vacate its space at the expiration of its current lease on December 31, 2019. Meridian Health Plan, the 2nd Largest Tenant, has pre-leased 117,109 square feet of the Compuware Corporation space and plans to take possession of the space upon Compuware Corporation vacating in 2019.
 
With respect to Loan No. 2, One Campus Martius, the Largest Tenant, Quicken Loans, Inc., is affiliated with the loan sponsor. The 2nd Largest Tenant, Meridian Health Plan, is affiliated with the loan sponsor.
 
With respect to Loan No. 4, 717 14th Street, the Second and Third Largest Tenants, the District of Columbia - Office of the Inspector General and District of Columbia - Office of the Auditor, respectively, are only liable under their lease for rent and other obligations to the extent they receive sufficient appropriations from the state government.
 
With respect to Loan No. 6, The Outlet Shoppes of the Bluegrass, 67 of the 88 total tenants have termination options based on sales thresholds.  Such tenants include the Largest Tenant, Saks Fifth Avenue Off 5th, and the 4th Largest Tenant, Polo Ralph Lauren. These options are generally exercisable between the years 2017 and 2020.
 
With respect to Loan No. 7, Plymouth Road Tech Center, the space occupied by the Largest Tenant, Roush Enterprises, will be reduced by 144,105 square feet on December 1, 2017, unless Roush Enterprises provides written notice on or before February 29, 2016 that it intends to extend the lease on the same space.  In addition, with respect to the 2nd Largest Tenant, NYX, Inc., the size of its space will be reduced by 108,137 square feet on January 1, 2019.
   
 
With respect to Loan No. 15, Blue Lake Center, the 4th Largest Tenant, Principal Life Insurance Company, has a one-time option to terminate its lease on August 31, 2017 with nine months’ notice and payment of a termination fee equal to $269,689 unamortized costs related to tenant improvements, rental abatements and leasing commission costs.
 
With respect to Loan No. 18, South Pointe, the Largest Tenant, the Mississippi Department of Revenue, has the right to terminate its lease any time after June 30, 2029, with one year’s written notice.  In addition, in the event that the federal or state appropriations to the tenant are decreased, the tenant may contract its space with a pro rata decrease in the rent with 180 days’ written notice.  The 2nd Largest Tenant, University Physicians, PLLC, has the one-time right to terminate its lease on or after December 31, 2018, with 90 days’ written notice and a payment of a termination fee.
 
With respect to Loan No. 19, Village at Castle Pines, the 2nd Largest Tenant, Health Care Appraisers, may terminate its lease effective January 14, 2017 by giving written notice to landlord that tenant intends to cancel lease by no later than July 14, 2016. Tenant shall pay landlord all unamortized tenant finish costs incurred by landlord.
 
With respect to Loan No. 26, North Regency Center, the 4th Largest Tenant, Hitch Fit, may terminate its lease with 90 days’ prior written notice to landlord and paying a termination fee of $68,000 any time after September 1, 2016.
 
With respect to Loan No. 27, Paragon Office Building, the 2nd Largest Tenant, Power Engineers, Inc, has a one-time option to terminate its lease on May 31, 2018 with nine months’ notice and payment of a termination fee equal to unamortized lease transaction costs, concessions and attorney fees. The 4th Largest Tenant, Global Travel International, Inc. has a one-time option to terminate its lease on December 31, 2015 with nine months’ notice and a payment of a termination fee equal to $111,655.
 
With respect to Loan No. 37, 4302 Westheimer, the Largest Tenant, TD Ameritrade, Inc. has executed a lease but is not yet in occupancy or paying rent. If the leased premises are not delivered by January 31, 2016, the tenant has the option to terminate its lease.
 
 
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(22)
In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes.
 
With respect to Loan No. 2, One Campus Martius, the loan documents provide that (i) if it is determined that one guarantor is responsible for the recourse carveout (but not the other guarantor), such guarantor is solely liable for such recourse obligation and (ii) if both or neither of the guarantors are responsible for the recourse carveout, each guarantor is severally liable for 50% of such recourse obligation.
   
(23)
The classification of the lockbox types is described in this free writing prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details.
   
(24)
Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Debt—Existing Mezzanine Debt,” “—Future Mezzanine Debt” and “—Preferred Equity” and “Certain Legal Aspects of the Mortgage Loans” in the free writing prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.
 
With respect to Loan No. 5, Shaner Hotels Portfolio, the related respective mezzanine loan is cross-defaulted and cross-collateralized with three other mezzanine loans that are not included in the mortgage loan pool.  The mezzanine loan is cross-defaulted and cross-collateralized through guaranties and pledge and security agreements signed by each of the mezzanine loan borrowers.  The total amount of mezzanine debt including the cross-collateralized and cross-defaulted loans is approximately $31.6 million.  See “Description of the Mortgage Loans—Additional Debt—Existing Mezzanine Debt” in this free writing prospectus.
 
With respect to Loan No. 9, 4141 North Scottsdale Road, an affiliate of the lender made a preferred equity investment in the aggregate of $13.0 million. The investment has a term of 12 months, which may be extended by six months, at a rate of 9.0%. In addition to the preferred equity interest in the parent entity of the borrower, the investment was made in four other entities that ultimately own four other properties within the sponsor’s portfolio that are not included in the collateral pool.
 
 
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