FREE WRITING PROSPECTUS
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FILED PURSUANT TO RULE 433
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REGISTRATION FILE NO.: 333-190246-12
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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File supersedes any contrary information contained in any prior File relating to the subject securities and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.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.
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Number of
|
Property
|
Property
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||||||||||||||||||||
Loan #
|
Seller(1)
|
Property Name
|
Street Address
|
City
|
State
|
Zip Code
|
County
|
Properties
|
Type
|
Subtype
|
Year Built
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|||||||||||
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
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Washington
|
DC
|
20005
|
District of Columbia
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1
|
Office
|
CBD
|
1928
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|||||||||||
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
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Newport
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RI
|
02840
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Newport
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1
|
Hotel
|
Full Service
|
1972
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|||||||||||
5.02
|
JPMCB
|
Courtyard - Jacksonville
|
1617 1st Street North
|
Jacksonville Beach
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FL
|
32250
|
Duval
|
1
|
Hotel
|
Limited Service
|
1969
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|||||||||||
5.03
|
JPMCB
|
Durham Marriott City Center
|
201 Foster Street
|
Durham
|
NC
|
27701
|
Durham
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1
|
Hotel
|
Full Service
|
1989
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|||||||||||
5.04
|
JPMCB
|
Residence Inn - Edina
|
3400 Edinborough Way
|
Edina
|
MN
|
55435
|
Hennepin
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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
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|||||||||||
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
|
Arby’s 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
|
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
|
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%
|
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
|
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
|
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
|
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
|
Arby’s 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
|
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)
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
|
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
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Barclays
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7-Eleven - Fontana
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38.02
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38.03
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Barclays
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Burger King - Blythe
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38.03
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38.04
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Barclays
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Domino’s - Oceanside
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38.04
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|||||||||||||||||||||||||||||||||
39
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Barclays
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Winkworth Apartments
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39
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|||||||||||||||||||||||||||||||||
40
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RAIT
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Row 31 Townhomes
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40
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41
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JPMCB
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110 Halsted Street
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41
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|||||||||||||||||||||||||||||||||
42
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RAIT
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S&T Bank Ground Lease
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42
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|||||||||||||||||||||||||||||||||
43
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RCMC
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Walgreens - Mt. Airy, NC
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43
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|||||||||||||||||||||||||||||||||
44
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SMF II
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Colton House & Golfview Apartments
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44
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Footnotes to Annex A-1
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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.
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(2)
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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.
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(3)
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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 $1,200,000 and 60% of the net parking revenues above that maximum amount. The underwritten revenues from the parking garage are based on the October 2014 revenue ratios.
With respect to Loan No. 37, 4302 Westheimer, the Largest Tenant, TD Ameritrade, Inc., has executed a lease but is not yet in occupancy or paying rent. The tenant is expected to take occupancy in April 2015 and commence paying rent in August 2015. The underwritten rent for TD Ameritrade, Inc. represents the average rent over the loan term.
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(4)
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With respect to all mortgage loans, with the exceptions of the mortgage loans listed below, the Current LTV % and the Maturity LTV % are based on the “as-is” Appraisal Value ($) 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
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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 $9,000,000. | |
(5)
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For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), 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.
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(6)
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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 $44,871,146 and was contributed to the JPMBB 2014-C26 trust. All loan level metrics are based on The Outlet Shoppes of the Bluegrass Whole Loan balance.
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(7)
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Each number identifies a group of related borrowers.
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(8)
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For each mortgage loan, the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator fee rate), the Senior Trust Advisor Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).
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(9)
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For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.
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(10)
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With respect to all mortgage loans, except for any mortgage loan(s) listed below, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12.
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(11)
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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.
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(12)
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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.
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The “O” Component of the prepayment provision represents the free payments including the Maturity Date.
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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.
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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.
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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) $1,540,470 for Golfview Apartments, (ii) the amount that will result in the LTV on the remaining building, after giving effect to the release, being no greater than 75% or (iii) the amount that will result in the DSCR on the remaining building, after giving effect to the release, being no less than a DSCR of 1.60x.
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(13)
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With respect to some mortgage loans, historical financial information may not be available due to the when the properties were constructed and/or acquired.
With respect to Loan No. 2, One Campus Martius, the property was recently acquired and historical financials are not available.
With respect to Loan No. 3, The Branson at Fifth, historical figures are not available because the property was acquired by the borrower in 2013 and subsequently gut renovated and converted in 2014.
With respect to Loan No. 6, The Outlet Shoppes of the Bluegrass, the related property is newly constructed and therefore no historical financials are available.
With respect to Loan No. 14, AOK Portfolio, historical financial information is not available for certain mortgaged properties that were not acquired by the borrower prior to or during the related calendar year. The historical financial information for the Mortgaged Properties was determined from annual tax returns, however, since the borrower has not yet provided its annual tax return for 2014, the 2014 NOI that is shown was estimated based on base rent and percentage rent due under the related leases during 2014 and the underwritten assumptions for reimbursements and operating expenses.
With respect to Loan No. 17, 100 Field Point Road, the Most Recent NOI ($) 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 ($) is for the six months ended November 30, 2014, annualized.
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(14)
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With respect to all hotel properties, the UW NOI ($) 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.
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(15)
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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
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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 $104,594. The abatement expires in January 2020. | |
(16)
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Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents.
With respect to Loan No. 3, The Branson at Fifth, the Upfront Other Reserve ($) 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.
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(17)
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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 $500,000.
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With respect to Loan No. 20, EZ Storage Pico, the borrower will make Monthly Capex Reserve ($) 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.
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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.
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(18)
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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)
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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.
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(20)
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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.
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(21)
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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.
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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)
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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.
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(23)
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The classification of the lockbox types is described in this free writing prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details.
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(24)
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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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