FWP 1 n368_anxa-x2.htm FREE WRITING PROSPECTUS Unassociated Document
 
   
FREE WRITING PROSPECTUS
   
FILED PURSUANT TO RULE 433
   
REGISTRATION FILE NO.: 333-197550-01
     
 
     
 
WFRBS 2014-C23 Commercial Mortgage Trust Disclaimer

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (SEC) (SEC File No. 333-197550 for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-884-2071 (8 a.m. – 5 p.m. EST) or by emailing rbscmbs@rbs.com.
 
Nothing in this document constitutes an offer of securities for sale in any other jurisdiction where the offer or sale is not permitted.  The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.  These materials are subject to change, completion, supplement or amendment from time to time.

STATEMENT REGARDING THESE MATERIALS
The information contained herein (the Information) is preliminary and subject to change.  This information will be superseded by similar information delivered to you as part of the offering document relating to the WFRBS Commercial Mortgage Trust 2014-C23, Commercial Mortgage Pass-Through Certificates, Series 2014-C23 (the “Offering Document”).  The Information supersedes any such information previously delivered.  The Information should be reviewed only in conjunction with the entire Offering Document. All of the Information is subject to the same limitations and qualifications contained in the Offering Document.  The Information does not contain all relevant information relating to the underlying mortgage loans or mortgaged properties. Such information is described elsewhere in the Offering Document.  The Information contained herein will be more fully described elsewhere in the Offering Document.  The Information should not be viewed as projections, forecasts, predictions or opinions with respect to value.  Prior to making any investment decision, prospective investors are strongly urged to read the Offering Document in its entirety.  This material should be not construed as an effort to sell or the solicitation of any offer to buy any security in any jurisdiction where such offer of solicitation would be illegal.  

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

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers identified in the Offering Document.  Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein.  As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance.  The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice.  You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities.  Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods.  In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials.  The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials.  None of RBS Securities Inc. (“RBSSI”), Wells Fargo Securities, LLC (“WFS”),  any other underwriter or dealer participating in this offering, or any of their respective affiliates make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change.  In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

These materials contain certain forward-looking statements.  If and when included in these materials, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements.  Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated.  Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering.  The forward-looking statements made in these materials are made as of the date stated on the cover.  We have no obligation to update or revise any forward-looking statement. RBS is a trade name for the investment banking business of RBSSI.  Securities, syndicated loan arranging, financial advisory and other investment banking activities are performed by RBSSI and their securities affiliates.  Lending, derivatives and other commercial banking activities are performed by The Royal Bank of Scotland plc and their banking affiliates.  RBSSI is a member of SIPC, FINRA and the NYSE. Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC; Wells Fargo Institutional Securities, LLC, a member of FINRA and SIPC; and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC carries and provides clearing services for Wells Fargo Institutional Securities, LLC customer accounts.

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, any email communication to which these materials are attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, 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 system.
 
 
     
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                       
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
               
                                     
Mortgage Loan
Number
 
Property Name
 
Mortgage Loan
Seller(1)
 
Cross Collateralized and Cross
Defaulted Loan Flag
 
Address
 
City
 
State
 
Zip Code
 
General Property Type
 
Specific Property Type
1
 
Bank of America Plaza
 
WFB
     
333 South Hope Street
 
Los Angeles
 
CA
 
90071
 
Office
 
CBD
2
 
Crossings at Corona
 
WFB
     
2489 Tuscany Street
 
Corona
 
CA
 
92881
 
Retail
 
Anchored
3
 
Columbus Square Portfolio
 
WFB
     
775, 795, 805, 808 Columbus Avenue; 801 Amsterdam Avenue
 
New York
 
NY
 
10025
 
Mixed Use
 
Retail/Other/Office
4
 
DC Metro Mixed Use Portfolio
 
RBS
     
Various
 
Various
 
Various
 
Various
 
Various
 
Various
4.01
 
920-928 Rhode Island Avenue
 
RBS
     
920-928 Rhode Island Avenue
 
Washington
 
DC
 
20018
 
Office
 
CBD
4.02
 
875 N Street
 
RBS
     
875 N Street NW
 
Washington
 
DC
 
20001
 
Mixed Use
 
Multifamily/Retail
4.03
 
119-125 N. Washington Street
 
RBS
     
119-125 N. Washington Street
 
Alexandria
 
VA
 
22314
 
Mixed Use
 
Retail/Office
4.04
 
2000 S Street
 
RBS
     
2000 S Street NW
 
Washington
 
DC
 
20020
 
Office
 
CBD
4.05
 
717 6th Street NW
 
RBS
     
717 6th Street NW
 
Washington
 
DC
 
20001
 
Retail
 
Unanchored
4.06
 
700 King Street
 
RBS
     
700 King Street
 
Alexandria
 
VA
 
22314
 
Mixed Use
 
Retail/Office
4.07
 
1330 U Street
 
RBS
     
1330 U Street NW
 
Washington
 
DC
 
20009
 
Mixed Use
 
Retail/Office
4.08
 
100 King Street
 
RBS
     
100 King Street
 
Alexandria
 
VA
 
22314
 
Retail
 
Unanchored
4.09
 
301 Pennsylvania Avenue
 
RBS
     
301 Pennsylvania Avenue SE
 
Washington
 
DC
 
20003
 
Retail
 
Unanchored
4.10
 
705 6th Street
 
RBS
     
705 6th Street NW
 
Washington
 
DC
 
20024
 
Retail
 
Unanchored
4.11
 
3343 Prospect Street
 
RBS
     
3343 Prospect Street NW
 
Washington
 
DC
 
20007
 
Retail
 
Unanchored
4.12
 
856 Rockville Pike
 
RBS
     
856 Rockville Pike
 
Rockville
 
MD
 
20852
 
Retail
 
Single Tenant
4.13
 
106 N. Washington Street
 
RBS
     
106 N. Washington Street
 
Alexandria
 
VA
 
22314
 
Retail
 
Unanchored
4.14
 
438 Massachusetts Avenue
 
RBS
     
438 Massachusetts Avenue NW
 
Washington
 
DC
 
20002
 
Retail
 
Unanchored
4.15
 
1726 20th Street
 
RBS
     
1726 20th Street NW
 
Washington
 
DC
 
20009
 
Office
 
CBD
5
 
Centennial Center & Two Century Center
 
LIG I
     
Various
 
Schaumburg
 
IL
 
60173
 
Office
 
Suburban
5.01
 
Centennial Center
 
LIG I
     
1900 East Golf Road
 
Schaumburg
 
IL
 
60173
 
Office
 
Suburban
5.02
 
Two Century Tower
 
LIG I
     
1700 East Gollf Road
 
Schaumburg
 
IL
 
60173
 
Office
 
Suburban
6
 
677 Broadway
 
RBS
     
677 Broadway
 
Albany
 
NY
 
12207
 
Office
 
CBD
7
 
Homewood Suites - New Orleans
 
WFB
     
901 Poydras Street
 
New Orleans
 
LA
 
70112
 
Hospitality
 
Extended Stay
8
 
Culver City Office Portfolio
 
WFB
     
3535-3545 Hayden Avenue; 3958-3964 Ince Boulevard; 9046 Lindblade Street
 
Culver City
 
CA
 
90232
 
Office
 
CBD
9
 
Slatten Ranch Shopping Center
 
WFB
     
5709-5789 Lone Tree Way
 
Antioch
 
CA
 
94531
 
Retail
 
Anchored
10
 
Simi Valley Shopping Center
 
LIG I
     
1317-1457 East Los Angeles Avenue
 
Simi Valley
 
CA
 
93065
 
Retail
 
Anchored
11
 
Stratford at Hillcrest
 
RBS
     
2454 Hillcrest Center Circle
 
Winston-Salem
 
NC
 
27103
 
Multifamily
 
Garden
12
 
Marriott Bakersfield
 
RBS
     
801 Truxtun Avenue
 
Bakersfield
 
CA
 
93301
 
Hospitality
 
Full Service
13
 
Pomona Ranch Plaza
 
CIIICM
     
75 Rancho Camino Drive
 
Pomona
 
CA
 
91766
 
Office
 
Suburban
14
 
Courtyard by Marriott - Orlando
 
WFB
     
730 North Magnolia Avenue
 
Orlando
 
FL
 
32803
 
Hospitality
 
Limited Service
15
 
The Shops at Starwood
 
WFB
     
6959 Lebanon Road
 
Frisco
 
TX
 
75034
 
Mixed Use
 
Retail/Office
16
 
The Shops at Pecos Ranch
 
WFB
     
1900 West Germann Road
 
Chandler
 
AZ
 
85286
 
Retail
 
Unanchored
17
 
Main Street & South Park
 
Basis
     
Various
 
Shreveport
 
LA
 
71118
 
Various
 
Various
17.01
 
South Park
 
Basis
     
9064 Mansfield Road
 
Shreveport
 
LA
 
71118
 
Retail
 
Anchored
17.02
 
Main Street
 
Basis
     
9070 Mansfield Road
 
Shreveport
 
LA
 
71118
 
Mixed Use
 
Office/Retail
18
 
Schlumberger Office
 
Basis
     
1325 South Dairy Ashford Road
 
Houston
 
TX
 
77077
 
Office
 
Suburban
19
 
All Storage Hwy 66
 
RBS
     
10221 W. Highway 66
 
Yukon
 
OK
 
73099
 
Self Storage
 
Self Storage
20
 
Corridors Deer Valley
 
WFB
     
1925-2095 West Pinnacle Peak Road
 
Phoenix
 
AZ
 
85027
 
Office
 
Suburban
21
 
BJs Wholesale Club - Jacksonville
 
WFB
     
8046 Philips Highway
 
Jacksonville
 
FL
 
32256
 
Retail
 
Single Tenant
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
 
Basis
     
Various
 
Various
 
MI
 
Various
 
Hospitality
 
Limited Service
22.01
 
Fairfield Inn - Madison Heights
 
Basis
     
32800 Stephenson Boulevard
 
Madison Heights
 
MI
 
48071
 
Hospitality
 
Limited Service
22.02
 
Holiday Inn Express - Flint
 
Basis
     
1150 Robert T. Longway Boulevard
 
Flint
 
MI
 
48503
 
Hospitality
 
Limited Service
23
 
Gateway Plaza
 
WFB
     
7505 – 7529 North Loop 1604
 
Live Oak
 
TX
 
78233
 
Retail
 
Anchored
24
 
Promenade Merced
 
WFB
     
731-779 East Yosemite Avenue
 
Merced
 
CA
 
95340
 
Mixed Use
 
Retail/Office
25
 
Victory Village
 
WFB
     
4167-4183 Franklin Road
 
Murfreesboro
 
TN
 
37128
 
Retail
 
Anchored
26
 
Hampton Inn & Suites Lenox
 
CIIICM
     
445 Pittsfield Road
 
Lenox
 
MA
 
01240
 
Hospitality
 
Limited Service
27
 
East Forest Plaza II
 
RBS
     
5424 Forest Drive
 
Columbia
 
SC
 
29206
 
Retail
 
Unanchored
28
 
San Rafael Self Storage
 
WFB
     
675 Andersen Drive
 
San Rafael
 
CA
 
94901
 
Self Storage
 
Self Storage
29
 
All Storage Mustang Mini
 
RBS
     
515 N Mustang Rd
 
Yukon
 
OK
 
73099
 
Self Storage
 
Self Storage
30
 
Marley Park Plaza
 
WFB
     
15367 West Waddell Road
 
Surprise
 
AZ
 
85379
 
Retail
 
Anchored
31
 
English Oaks Apartments
 
RBS
     
4133 Church Street
 
Clarkston
 
GA
 
30021
 
Multifamily
 
Garden
32
 
WMA Shadow Portfolio
 
WFB
     
Various
 
Various
 
Various
 
Various
 
Retail
 
Various
32.01
 
Spring Lake Town Center
 
WFB
     
624 Lillington Highway
 
Spring Lake
 
NC
 
28390
 
Retail
 
Anchored
32.02
 
Metro Junction
 
WFB
     
4882-4898 Highway 18 West
 
Jackson
 
MS
 
39209
 
Retail
 
Shadow Anchored
32.03
 
Center Stage at Winder
 
WFB
     
444 Atlanta Highway Northwest
 
Winder
 
GA
 
30680
 
Retail
 
Shadow Anchored
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                       
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                   
                                     
Mortgage Loan
Number
 
Property Name
 
Mortgage Loan
Seller(1)
 
Cross Collateralized and Cross
Defaulted Loan Flag
 
Address
 
City
 
State
 
Zip Code
 
General Property Type
 
Specific Property Type
33
 
Larchmont Village Plaza
 
WFB
     
206-226 North Larchmont Boulevard
 
Los Angeles
 
CA
 
90004
 
Retail
 
Anchored
34
 
Jordan Hospital Medical Office
 
WFB
     
46 Obery Street
 
Plymouth
 
MA
 
02360
 
Office
 
Medical
35
 
Shiloh Business Park
 
RBS
     
399 Business Park Court
 
Windsor
 
CA
 
95492
 
Industrial
 
Light Industrial
36
 
Temescal Storage Center
 
WFB
     
20310 Temescal Canyon Road
 
Corona
 
CA
 
92881
 
Self Storage
 
Self Storage
37
 
Storage Choice Sugar Land
 
CIIICM
     
9870 Highway 90A
 
Sugar Land
 
TX
 
77478
 
Self Storage
 
Self Storage
38
 
Chateau Villa Corp.
 
NCB, FSB
     
390-430 Maryland Avenue
 
Staten Island
 
NY
 
10305
 
Multifamily
 
Cooperative
39
 
Storage Choice Pearland
 
CIIICM
     
5710 Broadway Street
 
Pearland
 
TX
 
77581
 
Self Storage
 
Self Storage
40
 
Country Life MHP
 
CIIICM
     
371-375 East Ross Road
 
El Centro
 
CA
 
92243
 
Manufactured Housing Community
 
Manufactured Housing Community
41
 
Western Square Shopping Center
 
Basis
     
3203-3229 West Blue Ridge Drive
 
Greenville
 
SC
 
29611
 
Retail
 
Anchored
42
 
La Quinta - Lexington
 
Basis
     
100 Canebrake Drive
 
Lexington
 
KY
 
40509
 
Hospitality
 
Limited Service
43
 
Brittany Estates
 
RBS
     
5010 NE Waldo Road
 
Gainesville
 
FL
 
32609
 
Manufactured Housing Community
 
Manufactured Housing Community
44
 
All Storage Mustang SC
 
RBS
     
82 Armstrong Drive
 
Mustang
 
OK
 
73064
 
Mixed Use
 
Self Storage/Retail
45
 
StorQuest - Hollywood
 
WFB
     
5138 West Sunset Boulevard
 
Los Angeles
 
CA
 
90027
 
Self Storage
 
Self Storage
46
 
DAK Equities Corp.
 
NCB, FSB
     
514 West End Avenue
 
New York
 
NY
 
10024
 
Multifamily
 
Cooperative
47
 
Comfort Suites - Wilmington
 
Basis
     
4721 Market Street
 
Wilmington
 
NC
 
28405
 
Hospitality
 
Limited Service
48
 
Storage Depot - Regal Row
 
WFB
     
274 Kings Highway
 
Brownsville
 
TX
 
78521
 
Self Storage
 
Self Storage
49
 
Big Bend Storage
 
LIG I
     
13414 Lincoln Road
 
Riverview
 
FL
 
33578
 
Self Storage
 
Self Storage
50
 
Mark Twain Owners’ Corp.
 
NCB, FSB
     
100 West 12th Street
 
New York
 
NY
 
10011
 
Multifamily
 
Cooperative
51
 
Town Lakes Self Storage
 
LIG I
     
1124 Village Lakes Boulevard
 
Lehigh Acres
 
FL
 
33972
 
Self Storage
 
Self Storage
52
 
Renaissance Park I
 
WFB
     
1111 Military Cutoff Road
 
Wilmington
 
NC
 
28405
 
Office
 
Suburban
53
 
Hidden Meadows, Inc.
 
NCB, FSB
     
Currans Road and Bailey Road
 
Middle Island
 
NY
 
11953
 
Multifamily
 
Cooperative
54
 
Storage Choice Stafford
 
CIIICM
     
10430 South Kirkwood
 
Houston
 
TX
 
77099
 
Self Storage
 
Self Storage
55
 
Walgreens - Albuquerque
 
WFB
     
6565 Paradise Boulevard Northwest
 
Albuquerque
 
NM
 
87114
 
Retail
 
Anchored
56
 
Kingsgate Village Apartments
 
WFB
     
7897 Cox Road
 
West Chester Township 
OH
 
45069
 
Multifamily
 
Garden
57
 
StorQuest - Kalihi
 
WFB
     
750 Umi Street
 
Honolulu
 
HI
 
96819
 
Self Storage
 
Self Storage
58
 
Statewide Self Storage
 
WFB
     
2650 Mission Street
 
Santa Cruz
 
CA
 
95060
 
Self Storage
 
Self Storage
59
 
Storage Depot - Huebner Commons
 
WFB
     
9031 Huebner Road
 
San Antonio
 
TX
 
78240
 
Self Storage
 
Self Storage
60
 
Storage Choice Clear Lake
 
CIIICM
     
14640-B Highway 3
 
Webster
 
TX
 
77598
 
Self Storage
 
Self Storage
61
 
Saratoga Storage
 
WFB
     
2148 North Stagecoach Drive
 
Saratoga Springs
 
UT
 
84045
 
Self Storage
 
Self Storage
62
 
Storage Depot - McAllen
 
WFB
     
6600 North 10th Street
 
McAllen
 
TX
 
78504
 
Self Storage
 
Self Storage
63
 
Locust Street Owners Inc.
 
NCB, FSB
     
663-673 Locust Street
 
Mount Vernon
 
NY
 
10552
 
Multifamily
 
Cooperative
64
 
Bridge Road Storage
 
LIG I
     
12825 Southeast Suzanne Drive
 
Hobe Sound
 
FL
 
33455
 
Self Storage
 
Self Storage
65
 
Midtown Manor Apartments, Ltd.
 
NCB, FSB
     
211 East 35th Street
 
New York
 
NY
 
10016
 
Multifamily
 
Cooperative
66
 
Cedar River Estates MHC
 
WFB
     
400 Cedar River Drive
 
Fowlerville
 
MI
 
48836
 
Manufactured Housing Community
 
Manufactured Housing Community
67
 
Elmhurst House, Inc.
 
NCB, FSB
     
88-11 Elmhurst Avenue
 
Elmhurst
 
NY
 
11373
 
Multifamily
 
Cooperative
68
 
270 King Street
 
WFB
     
270 King Street
 
Charleston
 
SC
 
29401
 
Retail
 
Unanchored
69
 
Storage Depot - Highway 77
 
WFB
     
654 North Expressway
 
Brownsville
 
TX
 
78521
 
Self Storage
 
Self Storage
70
 
130 E. 94th Apartments Corp.
 
NCB, FSB
     
130 East 94th Street
 
New York
 
NY
 
10128
 
Multifamily
 
Cooperative
71
 
95 Sedgwick Owners Corp.
 
NCB, FSB
     
95 Sedgwick Avenue
 
Yonkers
 
NY
 
10705
 
Multifamily
 
Cooperative
72
 
Extra Space Palm Springs
 
WFB
     
2055 Executive Drive
 
Palm Springs
 
CA
 
92262
 
Self Storage
 
Self Storage
73
 
2640 Marion Avenue Owners, Inc.
 
NCB, FSB
     
2640 Marion Avenue
 
Bronx
 
NY
 
10458
 
Multifamily
 
Cooperative
74
 
Bedford Square Apartments
 
WFB
     
42272 Addison Avenue
 
Canton Township
 
MI
 
48187
 
Multifamily
 
Garden
75
 
Kentwood MHC
 
WFB
     
6122 Division Avenue Southeast
 
Grand Rapids
 
MI
 
49548
 
Manufactured Housing Community
 
Manufactured Housing Community
76
 
Shops on Veterans
 
WFB
     
2701-2705 Veterans Memorial Boulevard
 
Kenner
 
LA
 
70062
 
Retail
 
Shadow Anchored
77
 
Groff Studios Corp.
 
NCB, FSB
     
151 West 28th Street
 
New York
 
NY
 
10001
 
Multifamily
 
Cooperative
78
 
828 Fifth Avenue Owners Corp.
 
NCB, FSB
     
828 Fifth Avenue
 
New York
 
NY
 
10065
 
Multifamily
 
Cooperative
79
 
Samuell Self Storage
 
WFB
     
3940 Samuell Boulevard
 
Mesquite
 
TX
 
75149
 
Self Storage
 
Self Storage
80
 
Clark Street Tenants Incorporated
 
NCB, FSB
     
15 Clark Street
 
Brooklyn
 
NY
 
11201
 
Multifamily
 
Cooperative
81
 
61 Irving Place Corporation
 
NCB, FSB
     
61 Irving Place
 
New York
 
NY
 
10003
 
Multifamily
 
Cooperative
82
 
444 East 87th Street Owners Corp.
 
NCB, FSB
     
444 East 87th Street
 
New York
 
NY
 
10128
 
Multifamily
 
Cooperative
83
 
Longhorn Self Storage
 
WFB
     
131 Longhorn Road
 
Fort Worth
 
TX
 
76179
 
Self Storage
 
Self Storage
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
 
NCB, FSB
     
40 West 22nd Street
 
New York
 
NY
 
10010
 
Multifamily
 
Cooperative
85
 
Cheney Center
 
CIIICM
     
640 West Debbie Lane
 
Mansfield
 
TX
 
76063
 
Retail
 
Unanchored
86
 
323 West 83rd Owners Corp.
 
NCB, FSB
     
323 West 83rd Street
 
New York
 
NY
 
10024
 
Multifamily
 
Cooperative
87
 
Gibbons Commons Apartments
 
WFB
     
160 19th Avenue
 
North Tonawanda
 
NY
 
14120
 
Multifamily
 
Senior Housing
88
 
Dollar General - Ocoee
 
WFB
     
1851 East Silver Star Road
 
Ocoee
 
FL
 
34761
 
Retail
 
Single Tenant
89
 
Trinity Arms Ltd.
 
NCB, FSB
     
25 Trinity Place
 
New Rochelle
 
NY
 
10805
 
Multifamily
 
Cooperative
90
 
Garden Lofts Corp.
 
NCB, FSB
     
131 - 133 West 28th Street
 
New York
 
NY
 
10001
 
Multifamily
 
Cooperative
91
 
Merritt Island MHC
 
WFB
     
3535 North Tropical Trail
 
Merritt Island
 
FL
 
32953
 
Manufactured Housing Community
 
Manufactured Housing Community
92
 
256 West 21st Owners Corp.
 
NCB, FSB
     
256-260 West 21st Street
 
New York
 
NY
 
10011
 
Multifamily
 
Cooperative
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                 
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
                         
Mortgage Loan
Number
 
Property Name
 
Year
Built
 
Year
Renovated
 
Number of Units(2)
 
Unit of Measure
 
Cut-off Date Balance Per
Unit/SF/
Room/Pad ($)(3)
1
 
Bank of America Plaza
 
1974
 
2009
 
1,432,285
 
Sq. Ft.
 
279
2
 
Crossings at Corona
 
2004
     
834,075
 
Sq. Ft.
 
174
3
 
Columbus Square Portfolio
 
2007
     
494,224
 
Sq. Ft.
 
809
4
 
DC Metro Mixed Use Portfolio
 
Various
 
Various
 
158,121
 
Sq. Ft.
 
402
4.01
 
920-928 Rhode Island Avenue
 
1927
 
2014
 
40,746
 
Sq. Ft.
   
4.02
 
875 N Street
 
1888
 
2007
 
27,354
 
Sq. Ft.
   
4.03
 
119-125 N. Washington Street
 
1950
 
1998
 
25,738
 
Sq. Ft.
   
4.04
 
2000 S Street
 
1890
 
1990
 
10,800
 
Sq. Ft.
   
4.05
 
717 6th Street NW
 
1928
 
2014
 
7,650
 
Sq. Ft.
   
4.06
 
700 King Street
 
1940
     
4,584
 
Sq. Ft.
   
4.07
 
1330 U Street
 
1900
     
7,570
 
Sq. Ft.
   
4.08
 
100 King Street
 
1871
     
6,482
 
Sq. Ft.
   
4.09
 
301 Pennsylvania Avenue
 
1925
 
2014
 
4,300
 
Sq. Ft.
   
4.10
 
705 6th Street
 
2013
     
4,200
 
Sq. Ft.
   
4.11
 
3343 Prospect Street
 
1923
 
2014
 
3,337
 
Sq. Ft.
   
4.12
 
856 Rockville Pike
 
1970
     
4,795
 
Sq. Ft.
   
4.13
 
106 N. Washington Street
 
1928
     
3,935
 
Sq. Ft.
   
4.14
 
438 Massachusetts Avenue
 
1900
 
2011
 
3,619
 
Sq. Ft.
   
4.15
 
1726 20th Street
 
1900
     
3,011
 
Sq. Ft.
   
5
 
Centennial Center & Two Century Center
 
Various
     
493,428
 
Sq. Ft.
 
86
5.01
 
Centennial Center
 
1980
     
272,251
 
Sq. Ft.
   
5.02
 
Two Century Tower
 
1989
     
221,177
 
Sq. Ft.
   
6
 
677 Broadway
 
2004
     
177,039
 
Sq. Ft.
 
163
7
 
Homewood Suites - New Orleans
 
2002
 
2014
 
166
 
Rooms
 
162,370
8
 
Culver City Office Portfolio
 
1924
 
1987
 
93,977
 
Sq. Ft.
 
269
9
 
Slatten Ranch Shopping Center
 
2003
     
118,250
 
Sq. Ft.
 
213
10
 
Simi Valley Shopping Center
 
1991
 
2013
 
218,698
 
Sq. Ft.
 
101
11
 
Stratford at Hillcrest
 
2007
     
336
 
Units
 
64,881
12
 
Marriott Bakersfield
 
1995
 
2008
 
259
 
Rooms
 
83,012
13
 
Pomona Ranch Plaza
 
2014
     
100,000
 
Sq. Ft.
 
178
14
 
Courtyard by Marriott - Orlando
 
1999
 
2012
 
200
 
Rooms
 
81,156
15
 
The Shops at Starwood
 
2007
     
55,385
 
Sq. Ft.
 
258
16
 
The Shops at Pecos Ranch
 
2009
     
78,767
 
Sq. Ft.
 
178
17
 
Main Street & South Park
 
1960
 
1993
 
143,739
 
Sq. Ft.
 
87
17.01
 
South Park
 
1960
 
1993
 
104,355
 
Sq. Ft.
   
17.02
 
Main Street
 
1960
 
1993
 
39,384
 
Sq. Ft.
   
18
 
Schlumberger Office
 
1982
 
2010
 
155,324
 
Sq. Ft.
 
80
19
 
All Storage Hwy 66
 
1998
     
185,175
 
Sq. Ft.
 
60
20
 
Corridors Deer Valley
 
2001
     
164,410
 
Sq. Ft.
 
64
21
 
BJ’s Wholesale Club - Jacksonville
 
2005
     
119,598
 
Sq. Ft.
 
88
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
 
Various
 
Various
 
240
 
Rooms
 
42,020
22.01
 
Fairfield Inn - Madison Heights
 
1989
 
2013
 
120
 
Rooms
   
22.02
 
Holiday Inn Express - Flint
 
1986
 
2012
 
120
 
Rooms
   
23
 
Gateway Plaza
 
2008
     
138,452
 
Sq. Ft.
 
70
24
 
Promenade Merced
 
2005
     
56,131
 
Sq. Ft.
 
169
25
 
Victory Village
 
2007
     
71,300
 
Sq. Ft.
 
130
26
 
Hampton Inn & Suites Lenox
 
2008
     
79
 
Rooms
 
116,456
27
 
East Forest Plaza II
 
2005
     
109,080
 
Sq. Ft.
 
83
28
 
San Rafael Self Storage
 
2002
     
35,724
 
Sq. Ft.
 
246
29
 
All Storage Mustang Mini
 
1996
     
159,160
 
Sq. Ft.
 
50
30
 
Marley Park Plaza
 
2007
     
77,545
 
Sq. Ft.
 
102
31
 
English Oaks Apartments
 
1967
 
2014
 
212
 
Units
 
35,377
32
 
WMA Shadow Portfolio
 
Various
     
68,370
 
Sq. Ft.
 
107
32.01
 
Spring Lake Town Center
 
2004
     
29,760
 
Sq. Ft.
   
32.02
 
Metro Junction
 
2002
     
23,980
 
Sq. Ft.
   
32.03
 
Center Stage at Winder
 
2003
     
14,630
 
Sq. Ft.
   
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                 
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
                         
Mortgage Loan
Number
 
Property Name
 
Year
Built
 
Year
Renovated
 
Number of Units(2)
 
Unit of Measure
 
Cut-off Date Balance Per
Unit/SF/
Room/Pad ($)(3)
33
 
Larchmont Village Plaza
 
1925
 
1987
 
16,297
 
Sq. Ft.
 
430
34
 
Jordan Hospital Medical Office
 
2013
     
30,803
 
Sq. Ft.
 
209
35
 
Shiloh Business Park
 
2004
     
64,492
 
Sq. Ft.
 
93
36
 
Temescal Storage Center
 
2007
     
111,699
 
Sq. Ft.
 
53
37
 
Storage Choice Sugar Land
 
1998
     
61,813
 
Sq. Ft.
 
91
38
 
Chateau Villa Corp.
 
1978
 
1993
 
177
 
Units
 
31,073
39
 
Storage Choice Pearland
 
1998
     
75,225
 
Sq. Ft.
 
70
40
 
Country Life MHP
 
1974
     
307
 
Pads
 
16,938
41
 
Western Square Shopping Center
 
1975
 
2002
 
78,158
 
Sq. Ft.
 
62
42
 
La Quinta - Lexington
 
1999
 
2009
 
72
 
Rooms
 
65,972
43
 
Brittany Estates
 
1971
     
171
 
Pads
 
27,485
44
 
All Storage Mustang SC
 
1972
     
117,319
 
Sq. Ft.
 
36
45
 
StorQuest - Hollywood
 
1988
     
25,402
 
Sq. Ft.
 
159
46
 
DAK Equities Corp.
 
1923
 
1996
 
42
 
Units
 
95,238
47
 
Comfort Suites - Wilmington
 
2002
     
73
 
Rooms
 
54,795
48
 
Storage Depot - Regal Row
 
1992
     
74,180
 
Sq. Ft.
 
52
49
 
Big Bend Storage
 
2003
     
69,100
 
Sq. Ft.
 
55
50
 
Mark Twain Owners’ Corp.
 
1958
 
1991
 
80
 
Units
 
44,375
51
 
Town Lakes Self Storage
 
2008
     
62,575
 
Sq. Ft.
 
56
52
 
Renaissance Park I
 
2000
     
29,488
 
Sq. Ft.
 
119
53
 
Hidden Meadows, Inc.
 
1971
 
1999
 
135
 
Units
 
25,926
54
 
Storage Choice Stafford
 
2000
     
65,725
 
Sq. Ft.
 
51
55
 
Walgreens - Albuquerque
 
2004
     
14,560
 
Sq. Ft.
 
230
56
 
Kingsgate Village Apartments
 
1980
 
1990
 
72
 
Units
 
45,757
57
 
StorQuest - Kalihi
 
1951
     
22,331
 
Sq. Ft.
 
137
58
 
Statewide Self Storage
 
2000
     
37,863
 
Sq. Ft.
 
75
59
 
Storage Depot - Huebner Commons
 
2006
     
52,375
 
Sq. Ft.
 
54
60
 
Storage Choice Clear Lake
 
1999
     
49,910
 
Sq. Ft.
 
55
61
 
Saratoga Storage
 
2011
     
65,310
 
Sq. Ft.
 
42
62
 
Storage Depot - McAllen
 
2002
     
43,300
 
Sq. Ft.
 
64
63
 
Locust Street Owners Inc.
 
1928
 
1997
 
84
 
Units
 
29,722
64
 
Bridge Road Storage
 
1992
     
42,898
 
Sq. Ft.
 
56
65
 
Midtown Manor Apartments, Ltd.
 
1929
 
2006
 
75
 
Units
 
32,000
66
 
Cedar River Estates MHC
 
1969
     
119
 
Pads
 
20,168
67
 
Elmhurst House, Inc.
 
1935
 
1998
 
81
 
Units
 
29,590
68
 
270 King Street
 
1872
 
2007
 
6,794
 
Sq. Ft.
 
346
69
 
Storage Depot - Highway 77
 
1982
     
43,270
 
Sq. Ft.
 
54
70
 
130 E. 94th Apartments Corp.
 
1923
 
2007
 
45
 
Units
 
51,043
71
 
95 Sedgwick Owners Corp.
 
1954
 
1999
 
59
 
Units
 
37,239
72
 
Extra Space Palm Springs
 
1977
     
69,782
 
Sq. Ft.
 
29
73
 
2640 Marion Avenue Owners, Inc.
 
1960
 
2010
 
71
 
Units
 
28,169
74
 
Bedford Square Apartments
 
1974
     
48
 
Units
 
41,618
75
 
Kentwood MHC
 
1960
     
189
 
Pads
 
10,053
76
 
Shops on Veterans
 
1980
 
2008
 
14,318
 
Sq. Ft.
 
131
77
 
Groff Studios Corp.
 
1922
 
2004
 
16
 
Units
 
115,625
78
 
828 Fifth Avenue Owners Corp.
 
1893
 
1994
 
5
 
Units
 
360,000
79
 
Samuell Self Storage
 
1983
     
70,336
 
Sq. Ft.
 
23
80
 
Clark Street Tenants Incorporated
 
1915
 
2001
 
26
 
Units
 
61,538
81
 
61 Irving Place Corporation
 
1900
 
2006
 
28
 
Units
 
57,067
82
 
444 East 87th Street Owners Corp.
 
1874
 
2012
 
40
 
Units
 
38,750
83
 
Longhorn Self Storage
 
1983
     
49,120
 
Sq. Ft.
 
32
84
 
40 W. 22nd St. Tenants Cooperative Corp.
 
1909
 
2002
 
14
 
Units
 
107,143
85
 
Cheney Center
 
2002
     
11,375
 
Sq. Ft.
 
132
86
 
323 West 83rd Owners Corp.
 
1897
 
1984
 
24
 
Units
 
62,500
87
 
Gibbons Commons Apartments
 
1986
 
2014
 
60
 
Units
 
24,167
88
 
Dollar General - Ocoee
 
2014
     
12,382
 
Sq. Ft.
 
105
89
 
Trinity Arms Ltd.
 
1966
 
2004
 
35
 
Units
 
35,667
90
 
Garden Lofts Corp.
 
1908
 
2008
 
22
 
Units
 
54,545
91
 
Merritt Island MHC
 
1960
     
73
 
Pads
 
15,068
92
 
256 West 21st Owners Corp.
 
1895
 
2012
 
35
 
Units
 
28,533
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                           
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                       
                                                             
Mortgage Loan
Number
 
Property Name
 
Original Balance
($)(3)
 
Cut-off Date
Balance ($)(3)
 
% of Aggregate
Cut-off Date
Balance(3)
 
Maturity Date or
ARD Balloon
Payment ($)(3)
 
ARD
Loan
 
Origination
Date
 
First Pay
Date(4)
 
Last IO Pay
Date
 
First P&I
Pay Date(4)
 
Maturity Date or
Anticipated
Repayment Date
 
ARD Loan Maturity
Date
 
Gross
Mortgage
Rate
 
Trust Advisor
Ongoing Fee
 
Certificate
Administrator
Fee Rate
1
 
Bank of America Plaza
 
116,670,000
 
116,670,000
 
12.4%
 
116,670,000
 
N
 
8/7/2014
 
10/1/2014
 
9/1/2024
     
9/1/2024
     
4.05000%
 
0.00000%
 
0.00479%
2
 
Crossings at Corona
 
75,000,000
 
75,000,000
 
8.0%
 
65,344,734
 
N
 
9/11/2014
 
10/11/2014
 
9/11/2017
 
10/11/2017
 
9/11/2024
     
4.30000%
 
0.00280%
 
0.00479%
3
 
Columbus Square Portfolio
 
75,000,000
 
75,000,000
 
8.0%
 
68,770,637
 
N
 
8/8/2014
 
9/11/2014
 
2/11/2018
 
3/11/2018
 
8/11/2024
     
4.57000%
 
0.00000%
 
0.00479%
4
 
DC Metro Mixed Use Portfolio
 
63,487,500
 
63,487,500
 
6.7%
 
54,889,578
 
N
 
7/17/2014
 
9/1/2014
 
2/1/2017
 
3/1/2017
 
8/1/2024
     
4.50000%
 
0.00280%
 
0.00479%
4.01
 
920-928 Rhode Island Avenue
 
17,400,000
 
17,400,000
 
1.8%
                                           
4.02
 
875 N Street
 
8,925,000
 
8,925,000
 
0.9%
                                           
4.03
 
119-125 N. Washington Street
 
5,850,000
 
5,850,000
 
0.6%
                                           
4.04
 
2000 S Street
 
4,125,000
 
4,125,000
 
0.4%
                                           
4.05
 
717 6th Street NW
 
3,900,000
 
3,900,000
 
0.4%
                                           
4.06
 
700 King Street
 
3,412,500
 
3,412,500
 
0.4%
                                           
4.07
 
1330 U Street
 
3,225,000
 
3,225,000
 
0.3%
                                           
4.08
 
100 King Street
 
3,225,000
 
3,225,000
 
0.3%
                                           
4.09
 
301 Pennsylvania Avenue
 
2,925,000
 
2,925,000
 
0.3%
                                           
4.10
 
705 6th Street
 
2,250,000
 
2,250,000
 
0.2%
                                           
4.11
 
3343 Prospect Street
 
2,175,000
 
2,175,000
 
0.2%
                                           
4.12
 
856 Rockville Pike
 
1,800,000
 
1,800,000
 
0.2%
                                           
4.13
 
106 N. Washington Street
 
1,575,000
 
1,575,000
 
0.2%
                                           
4.14
 
438 Massachusetts Avenue
 
1,575,000
 
1,575,000
 
0.2%
                                           
4.15
 
1726 20th Street
 
1,125,000
 
1,125,000
 
0.1%
                                           
5
 
Centennial Center & Two Century Center
 
42,500,000
 
42,500,000
 
4.5%
 
37,730,820
 
N
 
8/8/2014
 
10/1/2014
 
3/1/2018
 
4/1/2018
 
9/1/2024
     
4.60000%
 
0.00280%
 
0.00479%
5.01
 
Centennial Center
 
22,125,000
 
22,125,000
 
2.4%
                                           
5.02
 
Two Century Tower
 
20,375,000
 
20,375,000
 
2.2%
                                           
6
 
677 Broadway
 
28,875,000
 
28,875,000
 
3.1%
 
23,329,752
 
N
 
8/25/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.48000%
 
0.00280%
 
0.00479%
7
 
Homewood Suites - New Orleans
 
27,000,000
 
26,953,433
 
2.9%
 
19,712,388
 
N
 
7/17/2014
 
9/11/2014
     
9/11/2014
 
8/11/2024
     
4.36000%
 
0.00280%
 
0.00479%
8
 
Culver City Office Portfolio
 
25,300,000
 
25,300,000
 
2.7%
 
20,441,306
 
N
 
9/8/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.48000%
 
0.00280%
 
0.00479%
9
 
Slatten Ranch Shopping Center
 
25,200,000
 
25,200,000
 
2.7%
 
22,988,927
 
N
 
7/11/2014
 
8/11/2014
 
7/11/2019
 
8/11/2019
 
7/11/2024
     
4.30000%
 
0.00280%
 
0.00479%
10
 
Simi Valley Shopping Center
 
22,000,000
 
22,000,000
 
2.3%
 
17,788,218
 
N
 
9/11/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.50000%
 
0.00280%
 
0.00479%
11
 
Stratford at Hillcrest
 
21,800,000
 
21,800,000
 
2.3%
 
19,083,081
 
N
 
9/4/2014
 
10/1/2014
 
10/1/2017
 
11/1/2017
 
10/1/2024
     
4.50000%
 
0.00280%
 
0.00479%
12
 
Marriott Bakersfield
 
21,500,000
 
21,500,000
 
2.3%
 
20,846,144
 
N
 
9/9/2014
 
10/1/2014
 
10/1/2017
 
11/1/2017
 
10/1/2019
     
4.72200%
 
0.00280%
 
0.00479%
13
 
Pomona Ranch Plaza
 
17,750,000
 
17,750,000
 
1.9%
 
13,136,389
 
N
 
9/12/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.72000%
 
0.00280%
 
0.00479%
14
 
Courtyard by Marriott - Orlando
 
16,250,000
 
16,231,234
 
1.7%
 
13,202,207
 
N
 
7/17/2014
 
9/11/2014
     
9/11/2014
 
8/11/2024
     
4.64000%
 
0.00280%
 
0.00479%
15
 
The Shops at Starwood
 
14,300,000
 
14,300,000
 
1.5%
 
13,053,268
 
N
 
8/26/2014
 
10/11/2014
 
9/11/2019
 
10/11/2019
 
9/11/2024
     
4.34000%
 
0.00280%
 
0.00479%
16
 
The Shops at Pecos Ranch
 
14,000,000
 
14,000,000
 
1.5%
 
12,209,190
 
N
 
9/3/2014
 
10/11/2014
 
9/11/2017
 
10/11/2017
 
9/11/2024
     
4.34000%
 
0.00280%
 
0.00479%
17
 
Main Street & South Park
 
12,563,000
 
12,563,000
 
1.3%
 
10,292,392
 
N
 
9/12/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.89000%
 
0.00280%
 
0.00479%
17.01
 
South Park
 
6,335,221
 
6,335,221
 
0.7%
                                           
17.02
 
Main Street
 
6,227,779
 
6,227,779
 
0.7%
                                           
18
 
Schlumberger Office
 
12,410,000
 
12,410,000
 
1.3%
 
10,044,518
 
N
 
9/4/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.53000%
 
0.00280%
 
0.00479%
19
 
All Storage Hwy 66
 
11,200,000
 
11,200,000
 
1.2%
 
9,035,690
 
N
 
8/29/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.43700%
 
0.00280%
 
0.00479%
20
 
Corridors Deer Valley
 
10,600,000
 
10,600,000
 
1.1%
 
10,011,691
 
N
 
8/20/2014
 
10/11/2014
 
9/11/2016
 
10/11/2016
 
9/11/2019
     
3.77000%
 
0.00280%
 
0.00479%
21
 
BJ’s Wholesale Club - Jacksonville
 
10,500,000
 
10,500,000
 
1.1%
 
8,931,384
 
N
 
7/22/2014
 
9/1/2014
 
8/1/2016
 
9/1/2016
 
8/1/2024
     
4.35000%
 
0.00280%
 
0.00479%
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
 
10,100,000
 
10,084,750
 
1.1%
 
7,582,785
 
N
 
7/21/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
5.11000%
 
0.00280%
 
0.00479%
22.01
 
Fairfield Inn - Madison Heights
 
6,540,000
 
6,530,125
 
0.7%
                                           
22.02
 
Holiday Inn Express - Flint
 
3,560,000
 
3,554,625
 
0.4%
                                           
23
 
Gateway Plaza
 
9,750,000
 
9,750,000
 
1.0%
 
8,500,988
 
N
 
8/21/2014
 
10/11/2014
     
10/11/2014
 
9/11/2021
     
4.33000%
 
0.00280%
 
0.00479%
24
 
Promenade Merced
 
9,500,000
 
9,488,854
 
1.0%
 
7,699,842
 
N
 
7/31/2014
 
9/11/2014
     
9/11/2014
 
8/11/2024
     
4.57000%
 
0.00280%
 
0.00479%
25
 
Victory Village
 
9,250,000
 
9,250,000
 
1.0%
 
8,078,139
 
N
 
8/20/2014
 
10/11/2014
 
9/11/2017
 
10/11/2017
 
9/11/2024
     
4.40000%
 
0.00280%
 
0.00479%
26
 
Hampton Inn & Suites Lenox
 
9,200,000
 
9,200,000
 
1.0%
 
5,717,680
 
N
 
8/18/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.66000%
 
0.00280%
 
0.00479%
27
 
East Forest Plaza II
 
9,075,000
 
9,075,000
 
1.0%
 
7,362,401
 
N
 
8/20/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.60000%
 
0.00280%
 
0.00479%
28
 
San Rafael Self Storage
 
8,800,000
 
8,800,000
 
0.9%
 
8,800,000
 
N
 
7/11/2014
 
8/11/2014
 
7/11/2024
     
7/11/2024
     
4.56000%
 
0.00280%
 
0.00479%
29
 
All Storage Mustang Mini
 
8,000,000
 
8,000,000
 
0.9%
 
6,452,501
 
N
 
8/29/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.43000%
 
0.00280%
 
0.00479%
30
 
Marley Park Plaza
 
7,900,000
 
7,900,000
 
0.8%
 
6,493,097
 
N
 
8/15/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.99000%
 
0.00280%
 
0.00479%
31
 
English Oaks Apartments
 
7,500,000
 
7,500,000
 
0.8%
 
6,087,734
 
N
 
8/26/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.61500%
 
0.00280%
 
0.00479%
32
 
WMA Shadow Portfolio
 
7,331,250
 
7,331,250
 
0.8%
 
6,542,139
 
N
 
9/3/2014
 
10/11/2014
 
9/11/2018
 
10/11/2018
 
9/11/2024
     
4.31000%
 
0.00280%
 
0.00479%
32.01
 
Spring Lake Town Center
 
3,075,000
 
3,075,000
 
0.3%
                                           
32.02
 
Metro Junction
 
2,250,000
 
2,250,000
 
0.2%
                                           
32.03
 
Center Stage at Winder
 
2,006,250
 
2,006,250
 
0.2%
                                           
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                   
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                   
                                                             
Mortgage Loan
Number
 
Property Name
 
Original Balance
($)(3)
 
Cut-off Date
Balance ($)(3)
 
% of Aggregate
Cut-off Date
Balance(3)
 
Maturity Date or
ARD Balloon
Payment ($)(3)
 
ARD
Loan
 
Origination
Date
 
First Pay
Date(4)
 
Last IO Pay
Date
 
First P&I
Pay Date(4)
 
Maturity Date or
Anticipated
Repayment Date
 
ARD Loan Maturity
Date
 
Gross
Mortgage
Rate
 
Trust Advisor
Ongoing Fee
 
Certificate
Administrator
Fee Rate
33
 
Larchmont Village Plaza
 
7,000,000
 
7,000,000
 
0.7%
 
7,000,000
 
N
 
7/29/2014
 
9/11/2014
 
8/11/2024
     
8/11/2024
     
4.05000%
 
0.00280%
 
0.00479%
34
 
Jordan Hospital Medical Office
 
6,435,000
 
6,435,000
 
0.7%
 
5,873,970
 
N
 
8/25/2014
 
10/11/2014
 
9/11/2019
 
10/11/2019
 
9/11/2024
     
4.34000%
 
0.00280%
 
0.00479%
35
 
Shiloh Business Park
 
6,000,000
 
6,000,000
 
0.6%
 
6,000,000
 
N
 
8/29/2014
 
10/1/2014
 
9/1/2024
     
9/1/2024
     
4.57900%
 
0.00280%
 
0.00479%
36
 
Temescal Storage Center
 
5,900,000
 
5,900,000
 
0.6%
 
5,900,000
 
N
 
8/1/2014
 
9/11/2014
 
8/11/2024
     
8/11/2024
     
4.29000%
 
0.00280%
 
0.00479%
37
 
Storage Choice Sugar Land
 
5,640,000
 
5,640,000
 
0.6%
 
4,574,329
 
N
 
9/9/2014
 
10/5/2014
 
10/5/2014
 
11/5/2014
 
10/5/2024
     
4.59000%
 
0.00280%
 
0.00479%
38
 
Chateau Villa Corp.
 
5,500,000
 
5,500,000
 
0.6%
 
4,867,098
 
N
 
9/2/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.10000%
 
0.00280%
 
0.00479%
39
 
Storage Choice Pearland
 
5,250,000
 
5,250,000
 
0.6%
 
4,258,020
 
N
 
9/9/2014
 
10/5/2014
 
10/5/2014
 
11/5/2014
 
10/5/2024
     
4.59000%
 
0.00280%
 
0.00479%
40
 
Country Life MHP
 
5,200,000
 
5,200,000
 
0.6%
 
4,761,296
 
N
 
9/2/2014
 
10/2/2014
 
9/2/2019
 
10/2/2019
 
9/2/2024
     
4.53000%
 
0.00280%
 
0.00479%
41
 
Western Square Shopping Center
 
4,850,000
 
4,850,000
 
0.5%
 
3,892,777
 
N
 
8/28/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.29000%
 
0.00280%
 
0.00479%
42
 
La Quinta - Lexington
 
4,750,000
 
4,750,000
 
0.5%
 
3,525,839
 
N
 
9/8/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.80000%
 
0.00280%
 
0.00479%
43
 
Brittany Estates
 
4,700,000
 
4,700,000
 
0.5%
 
4,303,134
 
N
 
8/20/2014
 
10/1/2014
 
9/1/2019
 
10/1/2019
 
9/1/2024
     
4.52500%
 
0.00280%
 
0.00479%
44
 
All Storage Mustang SC
 
4,200,000
 
4,200,000
 
0.4%
 
3,388,384
 
N
 
8/29/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.43700%
 
0.00280%
 
0.00479%
45
 
StorQuest - Hollywood
 
4,050,000
 
4,050,000
 
0.4%
 
3,460,948
 
N
 
7/1/2014
 
8/1/2014
 
7/1/2016
 
8/1/2016
 
7/1/2024
     
4.52000%
 
0.00280%
 
0.00479%
46
 
DAK Equities Corp.
 
4,000,000
 
4,000,000
 
0.4%
 
4,000,000
 
N
 
7/30/2014
 
9/1/2014
 
8/1/2024
     
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
47
 
Comfort Suites - Wilmington
 
4,000,000
 
4,000,000
 
0.4%
 
2,981,202
 
N
 
9/12/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.91000%
 
0.00280%
 
0.00479%
48
 
Storage Depot - Regal Row
 
3,850,000
 
3,850,000
 
0.4%
 
3,362,382
 
N
 
7/30/2014
 
9/11/2014
 
8/11/2017
 
9/11/2017
 
8/11/2024
     
4.40000%
 
0.00280%
 
0.00479%
49
 
Big Bend Storage
 
3,825,000
 
3,825,000
 
0.4%
 
3,278,768
 
N
 
8/25/2014
 
10/1/2014
 
9/1/2016
 
10/1/2016
 
9/1/2024
     
4.64000%
 
0.00280%
 
0.00479%
50
 
Mark Twain Owners’ Corp.
 
3,550,000
 
3,550,000
 
0.4%
 
2,820,058
 
N
 
8/29/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
51
 
Town Lakes Self Storage
 
3,525,000
 
3,525,000
 
0.4%
 
3,028,744
 
N
 
8/25/2014
 
10/1/2014
 
9/1/2016
 
10/1/2016
 
9/1/2024
     
4.73000%
 
0.00280%
 
0.00479%
52
 
Renaissance Park I
 
3,500,000
 
3,500,000
 
0.4%
 
3,049,535
 
N
 
8/11/2014
 
9/11/2014
 
8/11/2017
 
9/11/2017
 
8/11/2024
     
4.30000%
 
0.00280%
 
0.00479%
53
 
Hidden Meadows, Inc.
 
3,500,000
 
3,500,000
 
0.4%
 
2,780,459
 
N
 
9/2/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
54
 
Storage Choice Stafford
 
3,350,000
 
3,350,000
 
0.4%
 
2,717,022
 
N
 
9/9/2014
 
10/5/2014
 
10/5/2014
 
11/5/2014
 
10/5/2024
     
4.59000%
 
0.00280%
 
0.00479%
55
 
Walgreens - Albuquerque
 
3,350,000
 
3,346,219
 
0.4%
 
2,730,888
 
N
 
8/1/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.74000%
 
0.00280%
 
0.00479%
56
 
Kingsgate Village Apartments
 
3,300,000
 
3,294,484
 
0.4%
 
2,425,854
 
N
 
7/31/2014
 
9/11/2014
     
9/11/2014
 
8/11/2024
     
4.54000%
 
0.00280%
 
0.00479%
57
 
StorQuest - Kalihi
 
3,067,500
 
3,067,500
 
0.3%
 
2,628,190
 
N
 
7/25/2014
 
9/1/2014
 
8/1/2016
 
9/1/2016
 
8/1/2024
     
4.62000%
 
0.00280%
 
0.00479%
58
 
Statewide Self Storage
 
2,835,000
 
2,830,253
 
0.3%
 
2,083,242
 
N
 
8/7/2014
 
9/11/2014
     
9/11/2014
 
8/11/2024
     
4.53000%
 
0.00280%
 
0.00479%
59
 
Storage Depot - Huebner Commons
 
2,825,000
 
2,825,000
 
0.3%
 
2,467,202
 
N
 
7/30/2014
 
9/11/2014
 
8/11/2017
 
9/11/2017
 
8/11/2024
     
4.40000%
 
0.00280%
 
0.00479%
60
 
Storage Choice Clear Lake
 
2,768,000
 
2,768,000
 
0.3%
 
2,244,990
 
N
 
9/9/2014
 
10/5/2014
 
10/5/2014
 
11/5/2014
 
10/5/2024
     
4.59000%
 
0.00280%
 
0.00479%
61
 
Saratoga Storage
 
2,765,000
 
2,765,000
 
0.3%
 
2,043,126
 
N
 
8/8/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.68000%
 
0.00280%
 
0.00479%
62
 
Storage Depot - McAllen
 
2,750,000
 
2,750,000
 
0.3%
 
2,401,701
 
N
 
7/30/2014
 
9/11/2014
 
8/11/2017
 
9/11/2017
 
8/11/2024
     
4.40000%
 
0.00280%
 
0.00479%
63
 
Locust Street Owners Inc.
 
2,500,000
 
2,496,676
 
0.3%
 
1,986,066
 
N
 
7/25/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
64
 
Bridge Road Storage
 
2,400,000
 
2,400,000
 
0.3%
 
2,066,944
 
N
 
8/25/2014
 
10/1/2014
 
9/1/2016
 
10/1/2016
 
9/1/2024
     
4.82000%
 
0.00280%
 
0.00479%
65
 
Midtown Manor Apartments, Ltd.
 
2,400,000
 
2,400,000
 
0.3%
 
1,906,517
 
N
 
8/29/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
66
 
Cedar River Estates MHC
 
2,400,000
 
2,400,000
 
0.3%
 
1,758,106
 
N
 
9/2/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.45000%
 
0.00280%
 
0.00479%
67
 
Elmhurst House, Inc.
 
2,400,000
 
2,396,809
 
0.3%
 
1,906,623
 
N
 
7/31/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
68
 
270 King Street
 
2,350,000
 
2,350,000
 
0.2%
 
1,885,528
 
N
 
9/5/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.28000%
 
0.00280%
 
0.00479%
69
 
Storage Depot - Highway 77
 
2,325,000
 
2,325,000
 
0.2%
 
2,030,530
 
N
 
7/30/2014
 
9/11/2014
 
8/11/2017
 
9/11/2017
 
8/11/2024
     
4.40000%
 
0.00280%
 
0.00479%
70
 
130 E. 94th Apartments Corp.
 
2,300,000
 
2,296,942
 
0.2%
 
1,827,181
 
N
 
7/29/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
71
 
95 Sedgwick Owners Corp.
 
2,200,000
 
2,197,075
 
0.2%
 
1,747,737
 
N
 
7/31/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
72
 
Extra Space Palm Springs
 
2,000,000
 
2,000,000
 
0.2%
 
1,828,018
 
N
 
9/8/2014
 
10/11/2014
 
9/11/2019
 
10/11/2019
 
9/11/2024
     
4.42000%
 
0.00280%
 
0.00479%
73
 
2640 Marion Avenue Owners, Inc.
 
2,000,000
 
2,000,000
 
0.2%
 
1,585,313
 
N
 
8/29/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
3.94000%
 
0.00280%
 
0.00479%
74
 
Bedford Square Apartments
 
2,000,000
 
1,997,685
 
0.2%
 
1,624,335
 
N
 
8/1/2014
 
9/11/2014
     
9/11/2014
 
8/11/2024
     
4.63000%
 
0.00280%
 
0.00479%
75
 
Kentwood MHC
 
1,900,000
 
1,900,000
 
0.2%
 
1,537,231
 
N
 
8/15/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.52000%
 
0.00280%
 
0.00479%
76
 
Shops on Veterans
 
1,870,000
 
1,870,000
 
0.2%
 
1,514,515
 
N
 
8/25/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.55000%
 
0.00280%
 
0.00479%
77
 
Groff Studios Corp.
 
1,850,000
 
1,850,000
 
0.2%
 
1,850,000
 
N
 
7/24/2014
 
9/1/2014
 
8/1/2024
     
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
78
 
828 Fifth Avenue Owners Corp.
 
1,800,000
 
1,800,000
 
0.2%
 
1,429,888
 
N
 
8/28/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
79
 
Samuell Self Storage
 
1,635,000
 
1,635,000
 
0.2%
 
1,322,374
 
N
 
8/22/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.51000%
 
0.00280%
 
0.00479%
80
 
Clark Street Tenants Incorporated
 
1,600,000
 
1,600,000
 
0.2%
 
1,416,255
 
N
 
8/27/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.11000%
 
0.00280%
 
0.00479%
81
 
61 Irving Place Corporation
 
1,600,000
 
1,597,872
 
0.2%
 
1,271,083
 
N
 
7/25/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
82
 
444 East 87th Street Owners Corp.
 
1,550,000
 
1,550,000
 
0.2%
 
1,370,407
 
N
 
9/2/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.07000%
 
0.00280%
 
0.00479%
83
 
Longhorn Self Storage
 
1,550,000
 
1,550,000
 
0.2%
 
1,253,627
 
N
 
8/22/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.51000%
 
0.00280%
 
0.00479%
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
 
1,500,000
 
1,500,000
 
0.2%
 
1,500,000
 
N
 
8/27/2014
 
10/1/2014
 
9/1/2024
     
9/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
85
 
Cheney Center
 
1,500,000
 
1,500,000
 
0.2%
 
1,226,451
 
N
 
9/2/2014
 
10/1/2014
 
10/1/2014
 
11/1/2014
 
10/1/2024
     
4.83000%
 
0.00280%
 
0.00479%
86
 
323 West 83rd Owners Corp.
 
1,500,000
 
1,500,000
 
0.2%
 
1,191,574
 
N
 
8/26/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
87
 
Gibbons Commons Apartments
 
1,450,000
 
1,450,000
 
0.2%
 
1,169,111
 
N
 
9/2/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.42000%
 
0.00280%
 
0.00479%
88
 
Dollar General - Ocoee
 
1,300,000
 
1,298,087
 
0.1%
 
980,932
 
N
 
7/10/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
5.25000%
 
0.00280%
 
0.00479%
89
 
Trinity Arms Ltd.
 
1,250,000
 
1,248,338
 
0.1%
 
993,033
 
N
 
8/1/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
90
 
Garden Lofts Corp.
 
1,200,000
 
1,200,000
 
0.1%
 
953,259
 
N
 
8/28/2014
 
10/1/2014
     
10/1/2014
 
9/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
91
 
Merritt Island MHC
 
1,100,000
 
1,100,000
 
0.1%
 
885,681
 
N
 
8/15/2014
 
10/11/2014
     
10/11/2014
 
9/11/2024
     
4.38000%
 
0.00280%
 
0.00479%
92
 
256 West 21st Owners Corp.
 
1,000,000
 
998,670
 
0.1%
 
794,427
 
N
 
7/30/2014
 
9/1/2014
     
9/1/2014
 
8/1/2024
     
4.00000%
 
0.00280%
 
0.00479%
                                                             
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                                   
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                       
                                                                         
Mortgage Loan
Number
 
Property Name
 
Servicing Fee
 
CREFC® IP
Royalty License
Fee Rate
 
Net Mortgage
Rate
 
Interest
Accrual
Method
 
Monthly P&I
Payment ($)
 
Amortization Type
 
Interest Accrual
Method During
IO
 
Original
Term to
Maturity or
ARD
(Mos.)(4)
 
Remaining
Term to
Maturity or
ARD (Mos.)
 
Original IO
Period
(Mos.)(4)
 
Remaining IO
Period (Mos.)
 
Original
Amort Term
(Mos.)
 
Remaining
Amort Term
(Mos.)
 
Seasoning
(Mos.)
 
Prepayment Provisions(4)(6)
 
Grace Period
Default (Days)
 
Grace Period Late
(Days)(5)
1
 
Bank of America Plaza
 
0.02000%
 
0.00050%
 
4.02471%
 
Actual/360
 
399,230.16
 
Interest-only, Balloon
 
Actual/360
 
120
 
120
 
120
 
120
 
0
 
0
 
0
 
L(24),D(89),O(7)
 
5
 
5
2
 
Crossings at Corona
 
0.02000%
 
0.00050%
 
4.27191%
 
Actual/360
 
371,153.58
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
36
 
36
 
360
 
360
 
0
 
L(24),D(89),O(7)
 
0
 
5
3
 
Columbus Square Portfolio
 
0.02000%
 
0.00050%
 
4.54471%
 
Actual/360
 
358,200.82
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
42
 
41
 
420
 
420
 
1
 
L(25),D(91),O(4)
 
0
 
5
4
 
DC Metro Mixed Use Portfolio
 
0.02000%
 
0.00050%
 
4.47191%
 
Actual/360
 
321,681.84
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
30
 
29
 
360
 
360
 
1
 
L(25),D(89),O(6)
 
5
 
0
4.01
 
920-928 Rhode Island Avenue
                                                                   
4.02
 
875 N Street
                                                                   
4.03
 
119-125 N. Washington Street
                                                                   
4.04
 
2000 S Street
                                                                   
4.05
 
717 6th Street NW
                                                                   
4.06
 
700 King Street
                                                                   
4.07
 
1330 U Street
                                                                   
4.08
 
100 King Street
                                                                   
4.09
 
301 Pennsylvania Avenue
                                                                   
4.10
 
705 6th Street
                                                                   
4.11
 
3343 Prospect Street
                                                                   
4.12
 
856 Rockville Pike
                                                                   
4.13
 
106 N. Washington Street
                                                                   
4.14
 
438 Massachusetts Avenue
                                                                   
4.15
 
1726 20th Street
                                                                   
5
 
Centennial Center & Two Century Center
 
0.08000%
 
0.00050%
 
4.51191%
 
Actual/360
 
217,873.86
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
42
 
42
 
360
 
360
 
0
 
L(24),D(91),O(5)
 
5
 
5
5.01
 
Centennial Center
                                                                   
5.02
 
Two Century Tower
                                                                   
6
 
677 Broadway
 
0.02000%
 
0.00050%
 
4.45191%
 
Actual/360
 
145,962.45
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
5
 
5
7
 
Homewood Suites - New Orleans
 
0.02000%
 
0.00050%
 
4.33191%
 
Actual/360
 
147,937.32
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
300
 
299
 
1
 
L(25),D(91),O(4)
 
0
 
5
8
 
Culver City Office Portfolio
 
0.02000%
 
0.00050%
 
4.45191%
 
Actual/360
 
127,890.91
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
9
 
Slatten Ranch Shopping Center
 
0.03000%
 
0.00050%
 
4.26191%
 
Actual/360
 
124,707.60
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
118
 
60
 
58
 
360
 
360
 
2
 
L(26),D(90),O(4)
 
0
 
5
10
 
Simi Valley Shopping Center
 
0.11000%
 
0.00050%
 
4.38191%
 
Actual/360
 
111,470.77
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(93),O(4)
 
5
 
5
11
 
Stratford at Hillcrest
 
0.02000%
 
0.00050%
 
4.47191%
 
Actual/360
 
110,457.40
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
37
 
37
 
360
 
360
 
0
 
L(24),D(93),O(4)
 
6
 
6
12
 
Marriott Bakersfield
 
0.02000%
 
0.00050%
 
4.69391%
 
Actual/360
 
111,791.60
 
Interest-only, Amortizing Balloon
 
Actual/360
 
61
 
61
 
37
 
37
 
360
 
360
 
0
 
L(24),D(33),O(4)
 
0
 
0
13
 
Pomona Ranch Plaza
 
0.02000%
 
0.00050%
 
4.69191%
 
Actual/360
 
100,889.79
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
300
 
300
 
0
 
L(24),D(94),O(3)
 
0
 
0
14
 
Courtyard by Marriott - Orlando
 
0.02000%
 
0.00050%
 
4.61191%
 
Actual/360
 
83,693.62
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
L(25),D(91),O(4)
 
0
 
5
15
 
The Shops at Starwood
 
0.05000%
 
0.00050%
 
4.28191%
 
Actual/360
 
71,102.89
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
60
 
60
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
16
 
The Shops at Pecos Ranch
 
0.05000%
 
0.00050%
 
4.28191%
 
Actual/360
 
69,611.22
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
36
 
36
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
17
 
Main Street & South Park
 
0.02000%
 
0.00050%
 
4.86191%
 
Actual/360
 
66,598.86
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(94),O(3)
 
5
 
5
17.01
 
South Park
                                                                   
17.02
 
Main Street
                                                                   
18
 
Schlumberger Office
 
0.02000%
 
0.00050%
 
4.50191%
 
Actual/360
 
63,101.05
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(95),O(2)
 
5
 
5
19
 
All Storage Hwy 66
 
0.02000%
 
0.00050%
 
4.40891%
 
Actual/360
 
56,330.27
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
0
20
 
Corridors Deer Valley
 
0.02000%
 
0.00050%
 
3.74191%
 
Actual/360
 
49,210.63
 
Interest-only, Amortizing Balloon
 
Actual/360
 
60
 
60
 
24
 
24
 
360
 
360
 
0
 
L(24),D(31),O(5)
 
0
 
5
21
 
BJ’s Wholesale Club - Jacksonville
 
0.02000%
 
0.00050%
 
4.32191%
 
Actual/360
 
52,270.24
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
24
 
23
 
360
 
360
 
1
 
L(25),D(91),O(4)
 
5
 
5
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
 
0.02000%
 
0.00050%
 
5.08191%
 
Actual/360
 
59,692.70
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
300
 
299
 
1
 
L(25),D(93),O(2)
 
5
 
5
22.01
 
Fairfield Inn - Madison Heights
                                                                   
22.02
 
Holiday Inn Express - Flint
                                                                   
23
 
Gateway Plaza
 
0.02000%
 
0.00050%
 
4.30191%
 
Actual/360
 
48,421.87
 
Amortizing Balloon
     
84
 
84
 
0
 
0
 
360
 
360
 
0
 
L(24),D(50),O(10)
 
0
 
5
24
 
Promenade Merced
 
0.02000%
 
0.00050%
 
4.54191%
 
Actual/360
 
48,531.04
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
L(25),D(91),O(4)
 
0
 
5
25
 
Victory Village
 
0.02000%
 
0.00050%
 
4.37191%
 
Actual/360
 
46,320.38
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
36
 
36
 
360
 
360
 
0
 
L(24),D(89),O(7)
 
0
 
5
26
 
Hampton Inn & Suites Lenox
 
0.02000%
 
0.00050%
 
4.63191%
 
Actual/360
 
59,001.31
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
240
 
240
 
0
 
L(24),D(93),O(3)
 
0
 
0
27
 
East Forest Plaza II
 
0.02000%
 
0.00050%
 
4.57191%
 
Actual/360
 
46,522.48
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
0
28
 
San Rafael Self Storage
 
0.02000%
 
0.00050%
 
4.53191%
 
Actual/360
 
33,904.44
 
Interest-only, Balloon
 
Actual/360
 
120
 
118
 
120
 
118
 
0
 
0
 
2
 
L(26),D(90),O(4)
 
0
 
5
29
 
All Storage Mustang Mini
 
0.02000%
 
0.00050%
 
4.40191%
 
Actual/360
 
40,202.77
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
0
30
 
Marley Park Plaza
 
0.06000%
 
0.00050%
 
4.92191%
 
Actual/360
 
42,360.64
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
31
 
English Oaks Apartments
 
0.02000%
 
0.00050%
 
4.58691%
 
Actual/360
 
38,515.59
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),GRTR 1% or YM(92),O(4)
 
5
 
5
32
 
WMA Shadow Portfolio
 
0.02000%
 
0.00050%
 
4.28191%
 
Actual/360
 
36,323.32
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
48
 
48
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
32.01
 
Spring Lake Town Center
                                                                   
32.02
 
Metro Junction
                                                                   
32.03
 
Center Stage at Winder
                                                                   
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                                   
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                   
                                                                         
Mortgage Loan
Number
 
Property Name
 
Servicing Fee
 
CREFC® IP
Royalty License
Fee Rate
 
Net Mortgage
Rate
 
Interest
Accrual
Method
 
Monthly P&I
Payment ($)
 
Amortization Type
 
Interest Accrual
Method During
IO
 
Original
Term to
Maturity or
ARD
(Mos.)(4)
 
Remaining
Term to
Maturity or
ARD (Mos.)
 
Original IO
Period
(Mos.)(4)
 
Remaining IO
Period (Mos.)
 
Original
Amort Term
(Mos.)
 
Remaining
Amort Term
(Mos.)
 
Seasoning
(Mos.)
 
Prepayment Provisions(4)(6)
 
Grace Period
Default (Days)
 
Grace Period Late
(Days)(5)
33
 
Larchmont Village Plaza
 
0.02000%
 
0.00050%
 
4.02191%
 
Actual/360
 
23,953.13
 
Interest-only, Balloon
 
Actual/360
 
120
 
119
 
120
 
119
 
0
 
0
 
1
 
L(25),D(91),O(4)
 
0
 
5
34
 
Jordan Hospital Medical Office
 
0.02000%
 
0.00050%
 
4.31191%
 
Actual/360
 
31,996.30
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
60
 
60
 
360
 
360
 
0
 
L(24),GRTR 1% or YM(92),O(4)
 
0
 
5
35
 
Shiloh Business Park
 
0.02000%
 
0.00050%
 
4.55091%
 
Actual/360
 
23,212.99
 
Interest-only, Balloon
 
Actual/360
 
120
 
120
 
120
 
120
 
0
 
0
 
0
 
L(24),D(92),O(4)
 
5
 
5
36
 
Temescal Storage Center
 
0.02000%
 
0.00050%
 
4.26191%
 
Actual/360
 
21,385.45
 
Interest-only, Balloon
 
Actual/360
 
120
 
119
 
120
 
119
 
0
 
0
 
1
 
L(25),D(91),O(4)
 
0
 
5
37
 
Storage Choice Sugar Land
 
0.02000%
 
0.00050%
 
4.56191%
 
Actual/360
 
28,879.45
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(94),O(3)
 
0
 
0
38
 
Chateau Villa Corp.
 
0.08000%
 
0.00050%
 
4.01191%
 
Actual/360
 
23,329.86
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
480
 
480
 
0
 
L(1),5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
39
 
Storage Choice Pearland
 
0.02000%
 
0.00050%
 
4.56191%
 
Actual/360
 
26,882.46
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(94),O(3)
 
0
 
0
40
 
Country Life MHP
 
0.02000%
 
0.00050%
 
4.50191%
 
Actual/360
 
26,440.41
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
60
 
60
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
0
41
 
Western Square Shopping Center
 
0.02000%
 
0.00050%
 
4.26191%
 
Actual/360
 
23,972.79
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
5
 
5
42
 
La Quinta - Lexington
 
0.02000%
 
0.00050%
 
4.77191%
 
Actual/360
 
27,217.36
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
300
 
300
 
0
 
L(24),D(95),O(2)
 
5
 
5
43
 
Brittany Estates
 
0.02000%
 
0.00050%
 
4.49691%
 
Actual/360
 
23,884.08
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
60
 
60
 
360
 
360
 
0
 
L(24),GRTR 1% or YM(92),O(4)
 
5
 
5
44
 
All Storage Mustang SC
 
0.02000%
 
0.00050%
 
4.40891%
 
Actual/360
 
21,123.85
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
0
45
 
StorQuest - Hollywood
 
0.09000%
 
0.00050%
 
4.42191%
 
Actual/360
 
20,568.91
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
118
 
24
 
22
 
360
 
360
 
2
 
L(26),GRTR 1% or YM(90),O(4)
 
5
 
5
46
 
DAK Equities Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
13,518.52
 
Interest-only, Balloon
 
Actual/360
 
120
 
119
 
120
 
119
 
0
 
0
 
1
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
47
 
Comfort Suites - Wilmington
 
0.02000%
 
0.00050%
 
4.88191%
 
Actual/360
 
23,174.34
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
300
 
300
 
0
 
L(24),D(95),O(2)
 
5
 
5
48
 
Storage Depot - Regal Row
 
0.02000%
 
0.00050%
 
4.37191%
 
Actual/360
 
19,279.30
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
36
 
35
 
360
 
360
 
1
 
L(25),D(91),O(4)
 
0
 
5
49
 
Big Bend Storage
 
0.06000%
 
0.00050%
 
4.57191%
 
Actual/360
 
19,700.19
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
24
 
24
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
5
 
5
50
 
Mark Twain Owners’ Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
16,948.24
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
51
 
Town Lakes Self Storage
 
0.06000%
 
0.00050%
 
4.66191%
 
Actual/360
 
18,345.60
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
24
 
24
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
5
 
5
52
 
Renaissance Park I
 
0.02000%
 
0.00050%
 
4.27191%
 
Actual/360
 
17,320.50
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
36
 
35
 
360
 
360
 
1
 
L(25),D(91),O(4)
 
0
 
5
53
 
Hidden Meadows, Inc.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
16,709.54
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(1),5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
54
 
Storage Choice Stafford
 
0.02000%
 
0.00050%
 
4.56191%
 
Actual/360
 
17,153.57
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(94),O(3)
 
0
 
0
55
 
Walgreens - Albuquerque
 
0.02000%
 
0.00050%
 
4.71191%
 
Actual/360
 
17,455.00
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
L(25),D(91),O(4)
 
5
 
5
56
 
Kingsgate Village Apartments
 
0.02000%
 
0.00050%
 
4.51191%
 
Actual/360
 
18,417.48
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
300
 
299
 
1
 
L(25),D(91),O(4)
 
0
 
5
57
 
StorQuest - Kalihi
 
0.11000%
 
0.00050%
 
4.50191%
 
Actual/360
 
15,762.05
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
24
 
23
 
360
 
360
 
1
 
L(25),GRTR 1% or YM(91),O(4)
 
5
 
5
58
 
Statewide Self Storage
 
0.02000%
 
0.00050%
 
4.50191%
 
Actual/360
 
15,806.16
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
300
 
299
 
1
 
L(25),D(91),O(4)
 
0
 
5
59
 
Storage Depot - Huebner Commons
 
0.02000%
 
0.00050%
 
4.37191%
 
Actual/360
 
14,146.50
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
36
 
35
 
360
 
360
 
1
 
L(25),D(91),O(4)
 
0
 
5
60
 
Storage Choice Clear Lake
 
0.02000%
 
0.00050%
 
4.56191%
 
Actual/360
 
14,173.46
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(94),O(3)
 
0
 
0
61
 
Saratoga Storage
 
0.02000%
 
0.00050%
 
4.65191%
 
Actual/360
 
15,652.62
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
300
 
300
 
0
 
L(24),D(92),O(4)
 
5
 
5
62
 
Storage Depot - McAllen
 
0.02000%
 
0.00050%
 
4.37191%
 
Actual/360
 
13,770.93
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
36
 
35
 
360
 
360
 
1
 
L(25),D(91),O(4)
 
0
 
5
63
 
Locust Street Owners Inc.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
11,935.38
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
64
 
Bridge Road Storage
 
0.06000%
 
0.00050%
 
4.75191%
 
Actual/360
 
12,621.00
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
24
 
24
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
5
 
5
65
 
Midtown Manor Apartments, Ltd.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
11,457.97
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
66
 
Cedar River Estates MHC
 
0.02000%
 
0.00050%
 
4.42191%
 
Actual/360
 
13,271.96
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
300
 
300
 
0
 
L(24),GRTR 1% or YM(92),O(4)
 
0
 
5
67
 
Elmhurst House, Inc.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
11,457.97
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
68
 
270 King Street
 
0.02000%
 
0.00050%
 
4.25191%
 
Actual/360
 
11,601.90
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
69
 
Storage Depot - Highway 77
 
0.02000%
 
0.00050%
 
4.37191%
 
Actual/360
 
11,642.69
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
119
 
36
 
35
 
360
 
360
 
1
 
L(25),D(91),O(4)
 
0
 
5
70
 
130 E. 94th Apartments Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
10,980.55
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
71
 
95 Sedgwick Owners Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
10,503.14
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
72
 
Extra Space Palm Springs
 
0.02000%
 
0.00050%
 
4.39191%
 
Actual/360
 
10,038.86
 
Interest-only, Amortizing Balloon
 
Actual/360
 
120
 
120
 
60
 
60
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
73
 
2640 Marion Avenue Owners, Inc.
 
0.08000%
 
0.00050%
 
3.85191%
 
Actual/360
 
9,479.25
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
GRTR 1% or YM(113),1%(3),O(4)
 
10
 
10
74
 
Bedford Square Apartments
 
0.02000%
 
0.00050%
 
4.60191%
 
Actual/360
 
10,288.78
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
L(25),GRTR 1% or YM(88),O(7)
 
0
 
5
75
 
Kentwood MHC
 
0.07000%
 
0.00050%
 
4.44191%
 
Actual/360
 
9,649.61
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
76
 
Shops on Veterans
 
0.02000%
 
0.00050%
 
4.52191%
 
Actual/360
 
9,530.65
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),GRTR 1% or YM(92),O(4)
 
0
 
5
77
 
Groff Studios Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
6,252.31
 
Interest-only, Balloon
 
Actual/360
 
120
 
119
 
120
 
119
 
0
 
0
 
1
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
78
 
828 Fifth Avenue Owners Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
8,593.48
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
79
 
Samuell Self Storage
 
0.02000%
 
0.00050%
 
4.48191%
 
Actual/360
 
8,294.02
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
80
 
Clark Street Tenants Incorporated
 
0.08000%
 
0.00050%
 
4.02191%
 
Actual/360
 
6,796.89
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
480
 
480
 
0
 
GRTR 1% or YM(113),1%(3),O(4)
 
10
 
10
81
 
61 Irving Place Corporation
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
7,638.64
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
82
 
444 East 87th Street Owners Corp.
 
0.08000%
 
0.00050%
 
3.98191%
 
Actual/360
 
6,545.69
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
480
 
480
 
0
 
L(1),GRTR 1% or YM(113),1%(3),O(4)
 
10
 
10
83
 
Longhorn Self Storage
 
0.02000%
 
0.00050%
 
4.48191%
 
Actual/360
 
7,862.83
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
5,069.44
 
Interest-only, Balloon
 
Actual/360
 
120
 
120
 
120
 
120
 
0
 
0
 
0
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
85
 
Cheney Center
 
0.02000%
 
0.00050%
 
4.80191%
 
Actual/360
 
7,897.20
 
Interest-only, Amortizing Balloon
 
Actual/360
 
121
 
121
 
1
 
1
 
360
 
360
 
0
 
L(24),D(94),O(3)
 
0
 
0
86
 
323 West 83rd Owners Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
7,161.23
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
5%(23),4%(24),3%(24),2%(24),1%(21),O(4)
 
10
 
10
87
 
Gibbons Commons Apartments
 
0.02000%
 
0.00050%
 
4.39191%
 
Actual/360
 
7,278.17
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
88
 
Dollar General - Ocoee
 
0.02000%
 
0.00050%
 
5.22191%
 
Actual/360
 
7,790.22
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
300
 
299
 
1
 
L(25),D(91),O(4)
 
5
 
5
89
 
Trinity Arms Ltd.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
5,967.69
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
90
 
Garden Lofts Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
5,728.98
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
5%(24),4%(24),3%(24),2%(24),1%(20),O(4)
 
10
 
10
91
 
Merritt Island MHC
 
0.02000%
 
0.00050%
 
4.35191%
 
Actual/360
 
5,495.38
 
Amortizing Balloon
     
120
 
120
 
0
 
0
 
360
 
360
 
0
 
L(24),D(92),O(4)
 
0
 
5
92
 
256 West 21st Owners Corp.
 
0.08000%
 
0.00050%
 
3.91191%
 
Actual/360
 
4,774.15
 
Amortizing Balloon
     
120
 
119
 
0
 
0
 
360
 
359
 
1
 
GRTR 1% or YM(83),1%(33),O(4)
 
10
 
10
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                   
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
           
                         
Mortgage Loan
Number
 
Property Name
 
Appraised Value
($)(7)(8)
 
Appraisal Date
 
Coop -Rental
Value(9)
 
 Coop - LTV as
Rental(9)
 
Coop - Unsold
Percent(10)
1
 
Bank of America Plaza
 
605,000,000
 
6/24/2014
           
2
 
Crossings at Corona
 
222,000,000
 
8/5/2014
           
3
 
Columbus Square Portfolio
 
555,000,000
 
7/16/2014
           
4
 
DC Metro Mixed Use Portfolio
 
84,650,000
 
Various
           
4.01
 
920-928 Rhode Island Avenue
 
23,200,000
 
8/1/2014
           
4.02
 
875 N Street
 
11,900,000
 
5/22/2014
           
4.03
 
119-125 N. Washington Street
 
7,800,000
 
6/1/2016
           
4.04
 
2000 S Street
 
5,500,000
 
5/16/2014
           
4.05
 
717 6th Street NW
 
5,200,000
 
5/29/2015
           
4.06
 
700 King Street
 
4,550,000
 
6/1/2015
           
4.07
 
1330 U Street
 
4,300,000
 
5/16/2014
           
4.08
 
100 King Street
 
4,300,000
 
6/1/2015
           
4.09
 
301 Pennsylvania Avenue
 
3,900,000
 
5/16/2014
           
4.10
 
705 6th Street
 
3,000,000
 
5/16/2014
           
4.11
 
3343 Prospect Street
 
2,900,000
 
5/16/2014
           
4.12
 
856 Rockville Pike
 
2,400,000
 
5/16/2014
           
4.13
 
106 N. Washington Street
 
2,100,000
 
5/15/2014
           
4.14
 
438 Massachusetts Avenue
 
2,100,000
 
5/16/2014
           
4.15
 
1726 20th Street
 
1,500,000
 
5/16/2014
           
5
 
Centennial Center & Two Century Center
 
58,200,000
 
7/15/2014
           
5.01
 
Centennial Center
 
30,300,000
 
7/15/2014
           
5.02
 
Two Century Tower
 
27,900,000
 
7/15/2014
           
6
 
677 Broadway
 
39,000,000
 
7/22/2014
           
7
 
Homewood Suites - New Orleans
 
45,700,000
 
5/26/2014
           
8
 
Culver City Office Portfolio
 
36,900,000
 
7/8/2014
           
9
 
Slatten Ranch Shopping Center
 
36,800,000
 
5/28/2014
           
10
 
Simi Valley Shopping Center
 
40,000,000
 
8/9/2014
           
11
 
Stratford at Hillcrest
 
29,200,000
 
7/30/2014
           
12
 
Marriott Bakersfield
 
32,600,000
 
7/15/2014
           
13
 
Pomona Ranch Plaza
 
26,800,000
 
7/30/2014
           
14
 
Courtyard by Marriott - Orlando
 
24,000,000
 
6/12/2014
           
15
 
The Shops at Starwood
 
19,780,000
 
7/28/2014
           
16
 
The Shops at Pecos Ranch
 
19,600,000
 
7/28/2014
           
17
 
Main Street & South Park
 
16,750,000
 
6/25/2014
           
17.01
 
South Park
 
8,774,269
 
6/25/2014
           
17.02
 
Main Street
 
7,975,731
 
6/25/2014
           
18
 
Schlumberger Office
 
18,500,000
 
8/5/2014
           
19
 
All Storage Hwy 66
 
15,000,000
 
7/2/2014
           
20
 
Corridors Deer Valley
 
16,000,000
 
7/15/2014
           
21
 
BJ’s Wholesale Club - Jacksonville
 
18,500,000
 
5/28/2014
           
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
 
17,000,000
 
5/1/2014
           
22.01
 
Fairfield Inn - Madison Heights
 
10,400,000
 
5/1/2014
           
22.02
 
Holiday Inn Express - Flint
 
6,600,000
 
5/1/2014
           
23
 
Gateway Plaza
 
13,500,000
 
7/21/2014
           
24
 
Promenade Merced
 
12,890,000
 
6/16/2014
           
25
 
Victory Village
 
14,550,000
 
7/15/2014
           
26
 
Hampton Inn & Suites Lenox
 
13,500,000
 
7/25/2014
           
27
 
East Forest Plaza II
 
12,100,000
 
6/6/2014
           
28
 
San Rafael Self Storage
 
13,700,000
 
5/7/2014
           
29
 
All Storage Mustang Mini
 
11,300,000
 
7/2/2014
           
30
 
Marley Park Plaza
 
10,900,000
 
7/5/2014
           
31
 
English Oaks Apartments
 
10,300,000
 
7/8/2014
           
32
 
WMA Shadow Portfolio
 
9,775,000
 
Various
           
32.01
 
Spring Lake Town Center
 
4,100,000
 
7/18/2014
           
32.02
 
Metro Junction
 
3,000,000
 
7/15/2014
           
32.03
 
Center Stage at Winder
 
2,675,000
 
7/20/2014
           
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                   
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
                         
Mortgage Loan
Number
 
Property Name
 
Appraised Value
($)(7)(8)
 
Appraisal Date
 
Coop -Rental
Value(9)
 
 Coop - LTV as
Rental(9)
 
Coop - Unsold
Percent(10)
33
 
Larchmont Village Plaza
 
20,000,000
 
7/8/2014
           
34
 
Jordan Hospital Medical Office
 
10,700,000
 
5/13/2014
           
35
 
Shiloh Business Park
 
8,370,000
 
7/30/2014
           
36
 
Temescal Storage Center
 
11,300,000
 
3/18/2014
           
37
 
Storage Choice Sugar Land
 
9,000,000
 
8/5/2014
           
38
 
Chateau Villa Corp.
 
32,500,000
 
7/10/2014
 
17,100,000
 
32.2%
 
0.6%
39
 
Storage Choice Pearland
 
8,300,000
 
8/5/2014
           
40
 
Country Life MHP
 
11,250,000
 
5/1/2014
           
41
 
Western Square Shopping Center
 
7,500,000
 
7/23/2014
           
42
 
La Quinta - Lexington
 
7,000,000
 
8/7/2014
           
43
 
Brittany Estates
 
6,400,000
 
7/16/2014
           
44
 
All Storage Mustang SC
 
6,350,000
 
7/2/2014
           
45
 
StorQuest - Hollywood
 
5,550,000
 
6/4/2014
           
46
 
DAK Equities Corp.
 
64,259,975
 
6/19/2014
 
27,100,000
 
14.8%
 
28.6%
47
 
Comfort Suites - Wilmington
 
5,800,000
 
8/1/2014
           
48
 
Storage Depot - Regal Row
 
5,400,000
 
6/18/2014
           
49
 
Big Bend Storage
 
5,510,000
 
7/16/2014
           
50
 
Mark Twain Owners’ Corp.
 
43,600,000
 
6/6/2014
 
21,200,000
 
16.7%
 
6.3%
51
 
Town Lakes Self Storage
 
5,010,000
 
7/15/2014
           
52
 
Renaissance Park I
 
5,850,000
 
5/12/2014
           
53
 
Hidden Meadows, Inc.
 
12,030,000
 
6/8/2014
 
12,900,000
 
27.1%
 
0.0%
54
 
Storage Choice Stafford
 
5,100,000
 
8/5/2014
           
55
 
Walgreens - Albuquerque
 
5,750,000
 
4/9/2014
           
56
 
Kingsgate Village Apartments
 
4,400,000
 
7/2/2014
           
57
 
StorQuest - Kalihi
 
4,090,000
 
6/1/2014
           
58
 
Statewide Self Storage
 
9,000,000
 
6/21/2014
           
59
 
Storage Depot - Huebner Commons
 
4,000,000
 
6/20/2014
           
60
 
Storage Choice Clear Lake
 
4,500,000
 
8/5/2014
           
61
 
Saratoga Storage
 
4,840,000
 
3/25/2014
           
62
 
Storage Depot - McAllen
 
4,000,000
 
6/18/2014
           
63
 
Locust Street Owners Inc.
 
8,968,000
 
5/21/2014
 
6,600,000
 
37.8%
 
15.5%
64
 
Bridge Road Storage
 
3,450,000
 
7/9/2014
           
65
 
Midtown Manor Apartments, Ltd.
 
40,800,000
 
6/26/2014
 
20,600,000
 
11.7%
 
6.7%
66
 
Cedar River Estates MHC
 
3,510,000
 
6/23/2014
           
67
 
Elmhurst House, Inc.
 
19,070,000
 
5/29/2014
 
13,400,000
 
17.9%
 
13.6%
68
 
270 King Street
 
4,650,000
 
7/14/2014
           
69
 
Storage Depot - Highway 77
 
3,300,000
 
6/18/2014
           
70
 
130 E. 94th Apartments Corp.
 
34,100,000
 
6/26/2014
 
11,200,000
 
20.5%
 
11.1%
71
 
95 Sedgwick Owners Corp.
 
7,000,000
 
7/8/2014
 
6,700,000
 
32.8%
 
6.8%
72
 
Extra Space Palm Springs
 
4,040,000
 
7/11/2014
           
73
 
2640 Marion Avenue Owners, Inc.
 
7,950,000
 
7/22/2014
 
5,740,000
 
34.8%
 
56.3%
74
 
Bedford Square Apartments
 
2,900,000
 
6/10/2014
           
75
 
Kentwood MHC
 
3,200,000
 
7/7/2014
           
76
 
Shops on Veterans
 
3,175,000
 
6/27/2014
           
77
 
Groff Studios Corp.
 
31,098,579
 
6/6/2014
 
17,800,000
 
10.4%
 
0.0%
78
 
828 Fifth Avenue Owners Corp.
 
81,065,885
 
7/18/2014
 
30,800,000
 
5.8%
 
0.0%
79
 
Samuell Self Storage
 
2,800,000
 
7/18/2014
           
80
 
Clark Street Tenants Incorporated
 
51,500,000
 
7/29/2014
 
14,800,000
 
10.8%
 
0.0%
81
 
61 Irving Place Corporation
 
53,795,000
 
6/27/2014
 
21,100,000
 
7.6%
 
0.0%
82
 
444 East 87th Street Owners Corp.
 
12,065,000
 
7/28/2014
 
7,700,000
 
20.1%
 
7.5%
83
 
Longhorn Self Storage
 
2,400,000
 
7/15/2014
           
84
 
40 W. 22nd St. Tenants Cooperative Corp.
 
48,600,000
 
6/13/2014
 
27,600,000
 
5.4%
 
0.0%
85
 
Cheney Center
 
2,280,000
 
7/3/2014
           
86
 
323 West 83rd Owners Corp.
 
19,987,000
 
7/16/2014
 
8,400,000
 
17.9%
 
29.2%
87
 
Gibbons Commons Apartments
 
2,500,000
 
7/14/2014
           
88
 
Dollar General - Ocoee
 
2,430,000
 
4/2/2014
           
89
 
Trinity Arms Ltd.
 
4,550,000
 
6/10/2014
 
3,200,000
 
39.0%
 
2.9%
90
 
Garden Lofts Corp.
 
28,640,000
 
7/16/2014
 
16,700,000
 
7.2%
 
0.0%
91
 
Merritt Island MHC
 
1,650,000
 
7/5/2014
           
92
 
256 West 21st Owners Corp.
 
21,250,000
 
5/27/2014
 
10,000,000
 
10.0%
 
22.9%
 
 
 

 

WFRBS Commercial Mortgage Trust 2014-C23
         
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
     
                                                                           
Mortgage Loan
Number
 
Property Name
   
 Coop - Sponsor
Units(10)
 
 Coop - Investor
Units(10)
 
 Coop - Coop
Units(10)
 
Coop - Sponsor/
Investor
Carry(10)
 
Coop -
Committed
Secondary
Debt(11)
 
U/W NOI
DSCR
(x)(3)(12)
 
U/W NCF
DSCR (x)(3)(12)
 
Cut-off Date LTV
Ratio(3)(7)(8)
 
LTV Ratio at
Maturity or
ARD(3)(7)(8)
 
Cut-off Date U/W
NOI Debt
Yield(3)(12)
 
Cut-off Date U/W
NCF Debt
Yield(3)(12)
 
U/W
Revenues
($)(12)(16)
 
U/W
Expenses ($)(12)
 
U/W Net
Operating
Income ($)(12)
 
U/W
Replacement
($)(12)
 
U/W
TI/LC ($)
 
U/W
Net Cash Flow
($)(12)
1
 
Bank of America Plaza
                       
2.28
 
2.08
 
66.1%
 
66.1%
 
9.3%
 
8.6%
 
63,011,458
 
25,626,454
 
37,385,004
 
286,457
 
2,864,570
 
34,233,977
2
 
Crossings at Corona
                       
1.39
 
1.27
 
65.3%
 
56.9%
 
8.2%
 
7.5%
 
18,045,605
 
6,112,113
 
11,933,492
 
183,497
 
843,626
 
10,906,369
3
 
Columbus Square Portfolio
                       
1.17
 
1.15
 
72.1%
 
66.1%
 
6.7%
 
6.6%
 
29,269,650
 
2,376,810
 
26,892,839
 
49,422
 
450,000
 
26,393,417
4
 
DC Metro Mixed Use Portfolio
                       
1.34
 
1.27
 
75.0%
 
64.8%
 
8.1%
 
7.7%
 
6,393,399
 
1,229,280
 
5,164,118
 
35,690
 
227,698
 
4,900,730
4.01
 
920-928 Rhode Island Avenue
                                               
1,838,290
 
203,588
 
1,634,702
 
8,149
 
58,675
 
1,567,878
4.02
 
875 N Street
                                               
908,325
 
238,285
 
670,040
 
5,991
 
39,390
 
624,659
4.03
 
119-125 N. Washington Street
                                               
401,826
 
143,318
 
258,507
 
5,148
 
37,063
 
216,297
4.04
 
2000 S Street
                                               
467,637
 
117,782
 
349,855
 
2,160
 
15,552
 
332,143
4.05
 
717 6th Street NW
                                               
421,592
 
90,939
 
330,653
 
3,192
 
11,017
 
316,444
4.06
 
700 King Street
                                               
340,309
 
49,453
 
290,855
 
951
 
6,601
 
283,303
4.07
 
1330 U Street
                                               
338,157
 
59,814
 
278,343
 
1,711
 
10,901
 
265,731
4.08
 
100 King Street
                                               
309,444
 
45,673
 
263,770
 
1,296
 
9,335
 
253,139
4.09
 
301 Pennsylvania Avenue
                                               
279,582
 
34,657
 
244,925
 
860
 
6,192
 
237,873
4.10
 
705 6th Street
                                               
244,409
 
74,459
 
169,950
 
1,218
 
6,048
 
162,684
4.11
 
3343 Prospect Street
                                               
205,601
 
35,234
 
170,367
 
667
 
4,806
 
164,894
4.12
 
856 Rockville Pike
                                               
203,925
 
30,799
 
173,126
 
2,083
 
6,905
 
164,138
4.13
 
106 N. Washington Street
                                               
156,001
 
28,505
 
127,496
 
787
 
5,666
 
121,043
4.14
 
438 Massachusetts Avenue
                                               
156,232
 
36,479
 
119,753
 
724
 
5,211
 
113,818
4.15
 
1726 20th Street
                                               
122,070
 
40,294
 
81,776
 
753
 
4,336
 
76,687
5
 
Centennial Center & Two Century Center
                       
1.71
 
1.49
 
73.0%
 
64.8%
 
10.5%
 
9.1%
 
9,597,979
 
5,126,349
 
4,471,630
 
74,014
 
511,378
 
3,886,238
5.01
 
Centennial Center
                                               
5,263,107
 
2,771,663
 
2,491,444
 
40,838
 
286,545
 
2,164,062
5.02
 
Two Century Tower
                                               
4,334,872
 
2,354,686
 
1,980,186
 
33,177
 
224,833
 
1,722,176
6
 
677 Broadway
                       
1.64
 
1.51
 
74.0%
 
59.8%
 
10.0%
 
9.2%
 
5,250,306
 
2,376,693
 
2,873,613
 
44,260
 
177,040
 
2,652,313
7
 
Homewood Suites - New Orleans
                       
2.01
 
1.83
 
59.0%
 
43.1%
 
13.3%
 
12.1%
 
8,072,544
 
4,499,454
 
3,573,090
 
0
 
0
 
3,250,188
8
 
Culver City Office Portfolio
                       
1.43
 
1.32
 
68.6%
 
55.4%
 
8.7%
 
8.0%
 
3,419,983
 
1,228,807
 
2,191,176
 
18,795
 
196,917
 
2,025,463
9
 
Slatten Ranch Shopping Center
                       
1.53
 
1.43
 
68.5%
 
62.5%
 
9.1%
 
8.5%
 
3,343,329
 
1,056,465
 
2,286,864
 
42,825
 
100,063
 
2,143,976
10
 
Simi Valley Shopping Center
                       
2.01
 
1.86
 
55.0%
 
44.5%
 
12.2%
 
11.3%
 
3,497,056
 
809,562
 
2,687,495
 
43,740
 
154,110
 
2,489,645
11
 
Stratford at Hillcrest
                       
1.25
 
1.18
 
74.7%
 
65.4%
 
7.6%
 
7.2%
 
2,928,134
 
1,269,650
 
1,658,484
 
90,720
 
0
 
1,567,764
12
 
Marriott Bakersfield
                       
1.94
 
1.52
 
66.0%
 
63.9%
 
12.1%
 
9.5%
 
11,177,596
 
8,578,954
 
2,598,642
 
0
 
0
 
2,039,748
13
 
Pomona Ranch Plaza
                       
1.37
 
1.23
 
66.2%
 
49.0%
 
9.3%
 
8.4%
 
2,496,600
 
840,166
 
1,656,434
 
20,000
 
150,000
 
1,486,434
14
 
Courtyard by Marriott - Orlando
                       
1.90
 
1.61
 
67.6%
 
55.0%
 
11.7%
 
10.0%
 
7,204,207
 
5,298,739
 
1,905,468
 
0
 
0
 
1,617,300
15
 
The Shops at Starwood
                       
1.59
 
1.46
 
72.3%
 
66.0%
 
9.5%
 
8.7%
 
2,005,332
 
652,781
 
1,352,551
 
11,077
 
93,596
 
1,247,878
16
 
The Shops at Pecos Ranch
                       
1.57
 
1.44
 
71.4%
 
62.3%
 
9.4%
 
8.6%
 
1,755,647
 
442,375
 
1,313,273
 
15,753
 
96,106
 
1,201,413
17
 
Main Street & South Park
                       
1.65
 
1.50
 
75.0%
 
61.4%
 
10.5%
 
9.5%
 
1,960,322
 
645,022
 
1,315,300
 
21,561
 
94,475
 
1,199,264
17.01
 
South Park
                                               
1,056,800
 
367,797
 
689,003
 
15,653
 
68,589
 
604,761
17.02
 
Main Street
                                               
903,522
 
277,225
 
626,297
 
5,908
 
25,886
 
594,503
18
 
Schlumberger Office
                       
2.18
 
1.95
 
67.1%
 
54.3%
 
13.3%
 
11.9%
 
2,946,255
 
1,294,128
 
1,652,127
 
36,074
 
138,851
 
1,477,202
19
 
All Storage Hwy 66
                       
1.56
 
1.52
 
74.7%
 
60.2%
 
9.4%
 
9.2%
 
1,414,003
 
359,141
 
1,054,862
 
27,869
 
0
 
1,026,993
20
 
Corridors Deer Valley
                       
2.44
 
2.08
 
66.3%
 
62.6%
 
13.6%
 
11.6%
 
2,482,404
 
1,039,365
 
1,443,039
 
32,882
 
382,885
 
1,227,272
21
 
BJ’s Wholesale Club - Jacksonville
                       
1.75
 
1.62
 
56.8%
 
48.3%
 
10.4%
 
9.7%
 
1,496,621
 
399,571
 
1,097,050
 
23,920
 
59,112
 
1,014,018
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
                       
1.89
 
1.66
 
59.3%
 
44.6%
 
13.4%
 
11.8%
 
4,175,219
 
2,822,273
 
1,352,946
 
0
 
0
 
1,185,937
22.01
 
Fairfield Inn - Madison Heights
                                               
2,410,726
 
1,550,458
 
860,268
 
0
 
0
 
763,839
22.02
 
Holiday Inn Express - Flint
                                               
1,764,493
 
1,271,815
 
492,678
 
0
 
0
 
422,098
23
 
Gateway Plaza
                       
1.67
 
1.48
 
72.2%
 
63.0%
 
10.0%
 
8.8%
 
1,531,156
 
560,955
 
970,202
 
27,378
 
83,219
 
859,605
24
 
Promenade Merced
                       
1.52
 
1.34
 
73.6%
 
59.7%
 
9.3%
 
8.2%
 
1,286,624
 
401,679
 
884,945
 
39,080
 
64,203
 
781,662
25
 
Victory Village
                       
1.44
 
1.36
 
63.6%
 
55.5%
 
8.6%
 
8.2%
 
1,132,723
 
334,328
 
798,394
 
10,695
 
31,150
 
756,549
26
 
Hampton Inn & Suites Lenox
                       
1.73
 
1.54
 
68.1%
 
42.4%
 
13.3%
 
11.8%
 
3,410,569
 
2,186,632
 
1,223,937
 
0
 
0
 
1,087,514
27
 
East Forest Plaza II
                       
1.53
 
1.38
 
75.0%
 
60.8%
 
9.4%
 
8.5%
 
1,272,954
 
416,929
 
856,024
 
21,816
 
65,314
 
768,894
28
 
San Rafael Self Storage
                       
1.99
 
1.97
 
64.2%
 
64.2%
 
9.2%
 
9.1%
 
1,200,475
 
392,211
 
808,265
 
7,253
 
0
 
801,012
29
 
All Storage Mustang Mini
                       
1.58
 
1.53
 
70.8%
 
57.1%
 
9.5%
 
9.2%
 
1,086,686
 
325,228
 
761,458
 
23,927
 
0
 
737,531
30
 
Marley Park Plaza
                       
1.91
 
1.76
 
72.5%
 
59.6%
 
12.3%
 
11.3%
 
1,428,180
 
458,026
 
970,154
 
15,509
 
60,198
 
894,447
31
 
English Oaks Apartments
                       
1.67
 
1.52
 
72.8%
 
59.1%
 
10.3%
 
9.3%
 
1,704,891
 
934,818
 
770,074
 
68,900
 
0
 
701,174
32
 
WMA Shadow Portfolio
                       
1.66
 
1.53
 
75.0%
 
66.9%
 
9.9%
 
9.1%
 
1,007,414
 
285,072
 
722,342
 
13,674
 
40,297
 
668,371
32.01
 
Spring Lake Town Center
                                               
424,647
 
101,480
 
323,167
 
5,952
 
16,986
 
300,229
32.02
 
Metro Junction
                                               
360,050
 
123,956
 
236,094
 
4,796
 
14,402
 
216,896
32.03
 
Center Stage at Winder
                                               
222,717
 
59,636
 
163,081
 
2,926
 
8,909
 
151,246
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
         
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
     
                                                                           
Mortgage Loan
Number
 
Property Name
   
 Coop - Sponsor
Units(10)
 
 Coop - Investor
Units(10)
 
 Coop - Coop
Units(10)
 
Coop - Sponsor/
Investor
Carry(10)
 
Coop -
Committed
Secondary
Debt(11)
 
U/W NOI
DSCR
(x)(3)(12)
 
U/W NCF
DSCR(x)(3)(12)
 
Cut-off Date LTV
Ratio(3)(7)(8)
 
LTV Ratio at
Maturity or
ARD(3)(7)(8)
 
Cut-off Date U/W
NOI Debt
Yield(3)(12)
 
Cut-off Date U/W
NCF Debt
Yield(3)(12)
 
U/W
Revenues
($)(12)(16)
 
U/W
Expenses ($)(12)
 
U/W Net
Operating
Income ($)(12)
 
U/W
Replacement
($)(12)
 
U/W
TI/LC ($)
 
U/W
Net Cash Flow
($)(12)
33
 
Larchmont Village Plaza
                       
3.86
 
3.70
 
35.0%
 
35.0%
 
15.8%
 
15.2%
 
1,347,126
 
238,750
 
1,108,376
 
5,215
 
39,015
 
1,064,146
34
 
Jordan Hospital Medical Office
                       
1.73
 
1.59
 
60.1%
 
54.9%
 
10.3%
 
9.5%
 
845,487
 
181,926
 
663,561
 
4,620
 
47,181
 
611,760
35
 
Shiloh Business Park
                       
2.22
 
2.07
 
71.7%
 
71.7%
 
10.3%
 
9.6%
 
761,763
 
144,273
 
617,490
 
9,674
 
32,246
 
575,571
36
 
Temescal Storage Center
                       
2.57
 
2.49
 
52.2%
 
52.2%
 
11.2%
 
10.8%
 
1,110,572
 
451,361
 
659,211
 
20,068
 
0
 
639,143
37
 
Storage Choice Sugar Land
                       
1.49
 
1.46
 
62.7%
 
50.8%
 
9.2%
 
9.0%
 
941,478
 
424,545
 
516,933
 
9,272
 
0
 
507,661
38
 
Chateau Villa Corp.
   
0
 
0
 
1
 
NAP
 
500,000
 
4.44
 
4.44
 
16.9%
 
15.0%
 
22.6%
 
22.6%
 
2,340,800
 
1,098,000
 
1,242,800
 
39,000
 
NAP
 
1,242,800
39
 
Storage Choice Pearland
                       
1.51
 
1.47
 
63.3%
 
51.3%
 
9.3%
 
9.1%
 
888,801
 
401,905
 
486,896
 
11,284
 
0
 
475,612
40
 
Country Life MHP
                       
2.44
 
2.39
 
46.2%
 
42.3%
 
14.9%
 
14.6%
 
1,610,217
 
836,646
 
773,570
 
15,350
 
0
 
758,220
41
 
Western Square Shopping Center
                       
2.01
 
1.82
 
64.7%
 
51.9%
 
11.9%
 
10.8%
 
743,731
 
166,612
 
577,119
 
11,724
 
42,335
 
523,060
42
 
La Quinta - Lexington
                       
1.68
 
1.49
 
67.9%
 
50.4%
 
11.6%
 
10.3%
 
1,538,077
 
988,760
 
549,317
 
0
 
0
 
487,794
43
 
Brittany Estates
                       
1.33
 
1.30
 
73.4%
 
67.2%
 
8.1%
 
7.9%
 
714,413
 
332,590
 
381,823
 
8,550
 
0
 
373,273
44
 
All Storage Mustang SC
                       
1.84
 
1.77
 
66.1%
 
53.4%
 
11.1%
 
10.7%
 
670,197
 
203,128
 
467,069
 
18,015
 
0
 
449,054
45
 
StorQuest - Hollywood
                       
1.51
 
1.50
 
73.0%
 
62.4%
 
9.2%
 
9.1%
 
662,943
 
290,088
 
372,855
 
3,558
 
0
 
369,297
46
 
DAK Equities Corp.
   
12
 
0
 
0
 
(12,519)
 
1,000,000
 
11.26
 
11.26
 
6.2%
 
6.2%
 
45.7%
 
45.7%
 
2,864,320
 
1,037,000
 
1,827,320
 
17,000
 
NAP
 
1,827,320
47
 
Comfort Suites - Wilmington
                       
1.72
 
1.54
 
69.0%
 
51.4%
 
12.0%
 
10.7%
 
1,312,905
 
833,452
 
479,453
 
0
 
0
 
426,937
48
 
Storage Depot - Regal Row
                       
1.55
 
1.51
 
71.3%
 
62.3%
 
9.3%
 
9.1%
 
507,668
 
149,525
 
358,143
 
9,084
 
0
 
349,059
49
 
Big Bend Storage
                       
1.62
 
1.58
 
69.4%
 
59.5%
 
10.0%
 
9.7%
 
650,898
 
267,658
 
383,240
 
10,365
 
0
 
372,875
50
 
Mark Twain Owners Corp.
   
5
 
0
 
0
 
(18,831)
     
6.78
 
6.78
 
8.1%
 
6.5%
 
38.8%
 
38.8%
 
2,921,964
 
1,543,330
 
1,378,634
 
12,300
 
NAP
 
1,378,634
51
 
Town Lakes Self Storage
                       
1.45
 
1.41
 
70.4%
 
60.5%
 
9.1%
 
8.8%
 
498,355
 
179,249
 
319,106
 
9,386
 
0
 
309,719
52
 
Renaissance Park I
                       
2.08
 
1.87
 
59.8%
 
52.1%
 
12.3%
 
11.1%
 
668,427
 
236,594
 
431,834
 
7,077
 
36,486
 
388,271
53
 
Hidden Meadows, Inc.
   
0
 
0
 
0
 
NAP
 
500,000
 
4.84
 
4.84
 
29.1%
 
23.1%
 
27.7%
 
27.7%
 
1,786,980
 
816,651
 
970,329
 
23,000
 
NAP
 
970,329
54
 
Storage Choice Stafford
                       
1.52
 
1.47
 
65.7%
 
53.3%
 
9.3%
 
9.1%
 
677,028
 
363,947
 
313,081
 
9,859
 
0
 
303,223
55
 
Walgreens - Albuquerque
                       
1.62
 
1.61
 
58.2%
 
47.5%
 
10.1%
 
10.1%
 
348,981
 
10,469
 
338,511
 
2,184
 
0
 
336,327
56
 
Kingsgate Village Apartments
                       
1.43
 
1.33
 
74.9%
 
55.1%
 
9.6%
 
8.9%
 
612,062
 
297,055
 
315,006
 
21,024
 
0
 
293,982
57
 
StorQuest - Kalihi
                       
1.46
 
1.45
 
75.0%
 
64.3%
 
9.0%
 
9.0%
 
549,007
 
272,190
 
276,817
 
2,230
 
0
 
274,586
58
 
Statewide Self Storage
                       
2.45
 
2.40
 
31.4%
 
23.1%
 
16.4%
 
16.1%
 
756,131
 
292,260
 
463,871
 
8,715
 
0
 
455,156
59
 
Storage Depot - Huebner Commons
                       
1.56
 
1.51
 
70.6%
 
61.7%
 
9.4%
 
9.1%
 
436,453
 
172,164
 
264,289
 
7,856
 
0
 
256,433
60
 
Storage Choice Clear Lake
                       
1.55
 
1.50
 
61.5%
 
49.9%
 
9.5%
 
9.2%
 
549,621
 
286,253
 
263,369
 
8,987
 
0
 
254,382
61
 
Saratoga Storage
                       
1.50
 
1.46
 
57.1%
 
42.2%
 
10.2%
 
9.9%
 
465,256
 
184,446
 
280,809
 
6,531
 
0
 
274,278
62
 
Storage Depot - McAllen
                       
1.54
 
1.50
 
68.8%
 
60.0%
 
9.2%
 
9.0%
 
377,685
 
123,927
 
253,758
 
6,495
 
0
 
247,263
63
 
Locust Street Owners Inc.
   
11
 
0
 
2
 
7,079
 
250,000
 
3.21
 
3.21
 
27.8%
 
22.1%
 
18.4%
 
18.4%
 
1,025,198
 
565,716
 
459,482
 
13,600
 
NAP
 
459,482
64
 
Bridge Road Storage
                       
1.73
 
1.69
 
69.6%
 
59.9%
 
10.9%
 
10.6%
 
439,084
 
177,206
 
261,878
 
6,435
 
0
 
255,443
65
 
Midtown Manor Apartments, Ltd.
   
5
 
0
 
0
 
612
 
500,000
 
9.71
 
9.71
 
5.9%
 
4.7%
 
55.6%
 
55.6%
 
2,576,131
 
1,241,100
 
1,335,031
 
14,000
 
NAP
 
1,335,031
66
 
Cedar River Estates MHC
                       
1.65
 
1.61
 
68.4%
 
50.1%
 
10.9%
 
10.7%
 
480,553
 
218,138
 
262,415
 
5,950
 
0
 
256,465
67
 
Elmhurst House, Inc.
   
11
 
0
 
0
 
115,221
 
500,000
 
7.04
 
7.04
 
12.6%
 
10.0%
 
40.4%
 
40.4%
 
1,566,204
 
597,750
 
968,454
 
21,250
 
NAP
 
968,454
68
 
270 King Street
                       
1.94
 
1.84
 
50.5%
 
40.5%
 
11.5%
 
10.9%
 
325,144
 
54,901
 
270,243
 
1,495
 
12,909
 
255,839
69
 
Storage Depot - Highway 77
                       
1.55
 
1.50
 
70.5%
 
61.5%
 
9.3%
 
9.0%
 
322,252
 
105,574
 
216,678
 
6,491
 
0
 
210,188
70
 
130 E. 94th Apartments Corp.
   
5
 
0
 
0
 
(30,872)
 
1,000,000
 
5.53
 
5.53
 
6.7%
 
5.4%
 
31.7%
 
31.7%
 
1,945,848
 
1,217,000
 
728,848
 
13,000
 
NAP
 
728,848
71
 
95 Sedgwick Owners Corp.
   
4
 
0
 
0
 
4,544
 
500,000
 
3.98
 
3.98
 
31.4%
 
25.0%
 
22.8%
 
22.8%
 
933,917
 
432,000
 
501,917
 
12,000
 
NAP
 
501,917
72
 
Extra Space Palm Springs
                       
1.81
 
1.66
 
49.5%
 
45.2%
 
10.9%
 
10.0%
 
410,136
 
192,008
 
218,128
 
18,143
 
0
 
199,985
73
 
2640 Marion Avenue Owners, Inc.
   
40
 
0
 
0
 
216,099
 
200,000
 
3.40
 
3.40
 
25.2%
 
19.9%
 
19.4%
 
19.4%
 
930,834
 
543,671
 
387,163
 
10,800
 
NAP
 
387,163
74
 
Bedford Square Apartments
                       
1.81
 
1.70
 
68.9%
 
56.0%
 
11.2%
 
10.5%
 
426,616
 
203,161
 
223,455
 
13,104
 
0
 
210,351
75
 
Kentwood MHC
                       
2.47
 
2.39
 
59.4%
 
48.0%
 
15.1%
 
14.6%
 
533,167
 
246,605
 
286,562
 
9,450
 
0
 
277,112
76
 
Shops on Veterans
                       
1.68
 
1.46
 
58.9%
 
47.7%
 
10.3%
 
9.0%
 
538,700
 
346,858
 
191,842
 
2,864
 
21,477
 
167,502
77
 
Groff Studios Corp.
   
0
 
0
 
0
 
NAP
 
600,000
 
15.99
 
15.99
 
5.9%
 
5.9%
 
64.9%
 
64.9%
 
1,811,725
 
612,000
 
1,199,725
 
10,000
 
NAP
 
1,199,725
78
 
828 Fifth Avenue Owners Corp.
   
0
 
0
 
0
 
NAP
 
500,000
 
18.69
 
18.69
 
2.2%
 
1.8%
 
107.1%
 
107.1%
 
2,669,405
 
741,900
 
1,927,505
 
4,500
 
NAP
 
1,927,505
79
 
Samuell Self Storage
                       
1.84
 
1.69
 
58.4%
 
47.2%
 
11.2%
 
10.3%
 
355,840
 
172,651
 
183,190
 
15,474
 
0
 
167,716
80
 
Clark Street Tenants Incorporated
   
0
 
0
 
0
 
NAP
 
250,000
 
11.79
 
11.79
 
3.1%
 
2.8%
 
60.1%
 
60.1%
 
1,463,760
 
502,000
 
961,760
 
11,000
 
NAP
 
961,760
81
 
61 Irving Place Corporation
   
0
 
0
 
0
 
NAP
 
1,000,000
 
15.52
 
15.52
 
3.0%
 
2.4%
 
89.0%
 
89.0%
 
2,186,549
 
763,900
 
1,422,649
 
10,200
 
NAP
 
1,422,649
82
 
444 East 87th Street Owners Corp.
   
3
 
0
 
0
 
(6,727)
 
500,000
 
6.58
 
6.58
 
12.8%
 
11.4%
 
33.3%
 
33.3%
 
922,517
 
405,760
 
516,757
 
5,300
 
NAP
 
516,757
83
 
Longhorn Self Storage
                       
1.64
 
1.56
 
64.6%
 
52.2%
 
10.0%
 
9.5%
 
352,757
 
197,987
 
154,770
 
7,364
 
0
 
147,405
84
 
40 W. 22nd St. Tenants Cooperative Corp.
   
0
 
0
 
0
 
NAP
 
250,000
 
30.58
 
30.58
 
3.1%
 
3.1%
 
124.0%
 
124.0%
 
2,689,966
 
829,700
 
1,860,266
 
12,600
 
NAP
 
1,860,266
85
 
Cheney Center
                       
1.79
 
1.59
 
65.8%
 
53.8%
 
11.3%
 
10.1%
 
269,267
 
99,792
 
169,475
 
1,706
 
16,636
 
151,133
86
 
323 West 83rd Owners Corp.
   
3
 
4
 
0
 
91,884
 
250,000
 
6.56
 
6.56
 
7.5%
 
6.0%
 
37.6%
 
37.6%
 
882,822
 
318,900
 
563,922
 
5,500
 
NAP
 
563,922
87
 
Gibbons Commons Apartments
                       
2.03
 
1.74
 
58.0%
 
46.8%
 
12.2%
 
10.5%
 
480,670
 
303,668
 
177,002
 
25,020
 
0
 
151,982
88
 
Dollar General - Ocoee
                       
1.57
 
1.54
 
53.4%
 
40.4%
 
11.3%
 
11.1%
 
185,811
 
39,495
 
146,316
 
2,476
 
0
 
143,839
89
 
Trinity Arms Ltd.
   
1
 
0
 
0
 
6,163
 
300,000
 
3.32
 
3.32
 
27.4%
 
21.8%
 
19.0%
 
19.0%
 
532,703
 
295,000
 
237,703
 
7,000
 
NAP
 
237,703
90
 
Garden Lofts Corp.
   
0
 
0
 
0
 
NAP
 
500,000
 
16.45
 
16.45
 
4.2%
 
3.3%
 
94.2%
 
94.2%
 
1,746,785
 
616,200
 
1,130,585
 
9,000
 
NAP
 
1,130,585
91
 
Merritt Island MHC
                       
1.73
 
1.67
 
66.7%
 
53.7%
 
10.4%
 
10.0%
 
228,120
 
114,102
 
114,018
 
3,700
 
0
 
110,318
92
 
256 West 21st Owners Corp.
   
0
 
8
 
0
 
41,623
 
200,000
 
10.44
 
10.44
 
4.7%
 
3.7%
 
59.9%
 
59.9%
 
959,196
 
361,264
 
597,932
 
10,100
 
NAP
 
597,932
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                 
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                 
                                                                               
Mortgage Loan
Number
 
Property Name
   
Occupancy
Rate(2)(13)(16)
 
Occupancy
as-of
Date(13)
 
U/W Hotel
ADR
 
U/W Hotel
RevPAR
 
Most Recent Period(14)
 
Most Recent
Revenues
($)(14)
 
Most Recent
Expenses
($)(14)
 
Most
Recent
NOI ($)(14)
 
Most Recent Capital
Expenditures ($)
(14)
 
Most Recent NCF
($)(14)
 
Most Recent
Hotel ADR
 
Most Recent
Hotel RevPAR
 
Second Most Recent Period(14)
 
Second Most
Recent
Revenues
($)(14)
 
Second Most
Recent
Expenses
($)(14)
 
Second Most
Recent NOI
($)(14)
 
Second Most Recent
Capital
Expenditures
($)(14)
 
Second Most
Recent NCF
($)(14)
1
 
Bank of America Plaza
   
89.5%
 
8/19/2014
         
TTM 6/30/2014
 
58,775,667
 
25,608,463
 
33,167,204
 
0
 
33,167,204
         
Actual 2013
 
53,763,284
 
24,898,805
 
28,864,479
 
0
 
28,864,479
2
 
Crossings at Corona
   
93.9%
 
7/31/2014
         
TTM 6/30/2014
 
18,892,459
 
5,913,654
 
12,978,805
 
0
 
12,978,805
         
Actual 2013
 
18,865,665
 
5,960,908
 
12,904,757
 
0
 
12,904,757
3
 
Columbus Square Portfolio
   
95.7%
 
7/31/2014
         
Actual 2013
 
21,821,850
 
2,488,024
 
19,333,826
 
0
 
19,333,826
         
Actual 2012
 
23,636,329
 
3,215,058
 
20,421,271
 
0
 
20,421,271
4
 
DC Metro Mixed Use Portfolio
   
91.2%
 
4/1/2014
         
TTM 3/31/2014
 
4,590,454
 
1,190,073
 
3,400,381
 
0
 
3,400,381
         
Actual 2013
 
4,807,049
 
1,189,170
 
3,617,879
 
0
 
3,617,879
4.01
 
920-928 Rhode Island Avenue
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
1,070,518
 
203,116
 
867,402
 
0
 
867,402
         
Actual 2013
 
1,187,430
 
198,946
 
988,484
 
0
 
988,484
4.02
 
875 N Street
   
96.1%
 
4/1/2014
         
TTM 3/31/2014
 
728,800
 
238,940
 
489,860
 
0
 
489,860
         
Actual 2013
 
703,509
 
216,468
 
487,041
 
0
 
487,041
4.03
 
119-125 N. Washington Street
   
50.3%
 
4/1/2014
         
TTM 3/31/2014
 
311,791
 
143,644
 
168,147
 
0
 
168,147
         
Actual 2013
 
330,031
 
156,858
 
173,173
 
0
 
173,173
4.04
 
2000 S Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
458,646
 
121,000
 
337,646
 
0
 
337,646
         
Actual 2013
 
455,120
 
115,414
 
339,706
 
0
 
339,706
4.05
 
717 6th Street NW
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
326,088
 
30,205
 
295,883
 
0
 
295,883
         
Actual 2013
 
393,068
 
59,313
 
333,755
 
0
 
333,755
4.06
 
700 King Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
259,453
 
54,954
 
204,499
 
0
 
204,499
         
Actual 2013
 
257,254
 
42,710
 
214,544
 
0
 
214,544
4.07
 
1330 U Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
190,906
 
53,846
 
137,060
 
0
 
137,060
         
Actual 2013
 
136,542
 
49,749
 
86,793
 
0
 
86,793
4.08
 
100 King Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
240,920
 
64,632
 
176,288
 
0
 
176,288
         
Actual 2013
 
345,392
 
74,064
 
271,328
 
0
 
271,328
4.09
 
301 Pennsylvania Avenue
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
136,536
 
36,347
 
100,189
 
0
 
100,189
         
Actual 2013
 
161,172
 
37,459
 
123,713
 
0
 
123,713
4.10
 
705 6th Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
213,307
 
70,009
 
143,298
 
0
 
143,298
         
Actual 2013
 
164,838
 
67,029
 
97,809
 
0
 
97,809
4.11
 
3343 Prospect Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
90,258
 
32,102
 
58,156
 
0
 
58,156
         
Actual 2013
 
96,167
 
32,708
 
63,459
 
0
 
63,459
4.12
 
856 Rockville Pike
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
199,321
 
34,772
 
164,549
 
0
 
164,549
         
Actual 2013
 
200,732
 
32,815
 
167,917
 
0
 
167,917
4.13
 
106 N. Washington Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
153,309
 
35,147
 
118,162
 
0
 
118,162
         
Actual 2013
 
159,812
 
31,535
 
128,277
 
0
 
128,277
4.14
 
438 Massachusetts Avenue
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
94,557
 
30,273
 
64,284
 
0
 
64,284
         
Actual 2013
 
99,010
 
30,669
 
68,341
 
0
 
68,341
4.15
 
1726 20th Street
   
100.0%
 
4/1/2014
         
TTM 3/31/2014
 
116,044
 
41,086
 
74,958
 
0
 
74,958
         
Actual 2013
 
116,972
 
43,433
 
73,539
 
0
 
73,539
5
 
Centennial Center & Two Century Center
   
84.8%
 
7/25/2014
         
Annualized 10 7/31/2014
 
7,260,269
 
4,899,635
 
2,360,634
 
0
 
2,360,634
         
Actual 2013
 
7,369,581
 
4,726,178
 
2,643,404
 
0
 
2,643,404
5.01
 
Centennial Center
   
81.7%
 
7/25/2014
         
Annualized 10 7/31/2014
 
3,771,626
 
2,666,174
 
1,105,452
 
0
 
1,105,452
         
Actual 2013
 
4,445,819
 
2,597,640
 
1,848,179
 
0
 
1,848,179
5.02
 
Two Century Tower
   
88.6%
 
7/25/2014
         
Annualized 10 7/31/2014
 
3,488,643
 
2,233,460
 
1,255,182
 
0
 
1,255,182
         
Actual 2013
 
2,923,763
 
2,128,538
 
795,225
 
0
 
795,225
6
 
677 Broadway
   
96.2%
 
8/11/2014
         
TTM 6/30/2014
 
4,572,838
 
1,845,160
 
2,727,678
 
0
 
2,727,678
         
Actual 2013
 
4,329,180
 
1,904,881
 
2,424,299
 
0
 
2,424,299
7
 
Homewood Suites - New Orleans
   
73.8%
 
6/30/2014
 
172
 
127
 
TTM 6/30/2014
 
8,067,599
 
4,431,529
 
3,636,070
 
0
 
3,636,070
 
172
 
127
 
Actual 2013
 
8,368,799
 
4,543,606
 
3,825,193
 
0
 
3,825,193
8
 
Culver City Office Portfolio
   
100.0%
 
9/4/2014
         
TTM 6/30/2014
 
3,586,692
 
1,077,607
 
2,509,085
 
0
 
2,509,085
         
Actual 2013
 
3,121,266
 
1,090,262
 
2,031,003
 
0
 
2,031,003
9
 
Slatten Ranch Shopping Center
   
100.0%
 
6/30/2014
         
TTM 4/30/2014
 
3,592,569
 
1,037,528
 
2,555,041
 
0
 
2,555,041
         
Actual 2013
 
3,603,392
 
1,060,985
 
2,542,407
 
0
 
2,542,407
10
 
Simi Valley Shopping Center
   
95.1%
 
8/31/2014
         
TTM 06/30/2014
 
3,550,220
 
907,444
 
2,642,776
 
0
 
2,642,776
         
Actual 2013
 
3,787,592
 
843,169
 
2,944,424
 
0
 
2,944,424
11
 
Stratford at Hillcrest
   
97.3%
 
7/28/2014
         
TTM 6/30/2014
 
2,897,843
 
1,239,246
 
1,658,597
 
0
 
1,658,597
         
Actual 2013
 
2,838,222
 
1,224,779
 
1,613,443
 
0
 
1,613,443
12
 
Marriott Bakersfield
   
80.4%
 
6/30/2014
 
93
 
75
 
TTM 6/30/2014
 
11,177,596
 
8,628,482
 
2,549,114
 
0
 
2,549,114
 
93
 
75
 
Actual 2013
 
10,717,356
 
8,405,972
 
2,311,384
 
0
 
2,311,384
13
 
Pomona Ranch Plaza
   
100.0%
 
9/1/2014
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
14
 
Courtyard by Marriott - Orlando
   
70.9%
 
5/31/2014
 
118
 
84
 
TTM 5/31/2014
 
7,204,207
 
5,240,132
 
1,964,075
 
0
 
1,964,075
 
118
 
84
 
Actual 2013
 
6,933,867
 
5,077,068
 
1,856,799
 
0
 
1,856,799
15
 
The Shops at Starwood
   
93.6%
 
8/14/2014
         
TTM 6/30/2014
 
2,017,306
 
644,047
 
1,373,259
 
0
 
1,373,259
         
Actual 2013
 
2,072,713
 
641,848
 
1,430,864
 
0
 
1,430,864
16
 
The Shops at Pecos Ranch
   
94.0%
 
8/14/2014
         
TTM 6/30/2014
 
1,869,561
 
487,348
 
1,382,213
 
0
 
1,382,213
         
Actual 2013
 
1,902,293
 
463,427
 
1,438,866
 
0
 
1,438,866
17
 
Main Street & South Park
   
95.0%
 
Various
         
TTM 6/30/2014
 
1,938,993
 
708,062
 
1,230,931
 
0
 
1,230,931
         
Actual 2013
 
1,985,423
 
591,558
 
1,393,865
 
0
 
1,393,865
17.01
 
South Park
   
93.1%
 
7/31/2014
         
TTM 6/30/2014
 
998,915
 
365,109
 
633,806
 
0
 
633,806
         
Actual 2013
 
1,057,507
 
334,848
 
722,659
 
0
 
722,659
17.02
 
Main Street
   
100.0%
 
3/31/2014
         
TTM 6/30/2014
 
940,078
 
342,953
 
597,125
 
0
 
597,125
         
Actual 2013
 
927,916
 
342,855
 
585,061
 
0
 
585,061
18
 
Schlumberger Office
   
100.0%
 
6/5/2014
         
Annualized 5/31/2014
 
2,878,997
 
1,171,648
 
1,707,349
 
0
 
1,707,349
         
Actual 2013
 
2,867,999
 
1,176,367
 
1,691,632
 
0
 
1,691,632
19
 
All Storage Hwy 66
   
93.5%
 
7/11/2014
         
TTM 6/30/2014
 
1,398,244
 
353,877
 
1,044,367
 
0
 
1,044,367
         
Actual 2013
 
1,354,926
 
372,966
 
981,960
 
0
 
981,960
20
 
Corridors Deer Valley
   
86.0%
 
8/12/2014
         
Annualized 6 6/30/2014
 
1,816,148
 
856,774
 
959,374
 
0
 
959,374
         
Actual 2013
 
1,621,914
 
1,002,923
 
618,991
 
0
 
618,991
21
 
BJ’s Wholesale Club - Jacksonville
   
100.0%
 
9/1/2014
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
   
63.2%
 
3/31/2014
 
76
 
47
 
TTM 3/31/2014
 
4,493,263
 
2,798,160
 
1,695,103
 
0
 
1,695,103
 
81
 
51
 
Actual 2013
 
4,519,316
 
3,063,073
 
1,456,243
 
167,009
 
1,289,234
22.01
 
Fairfield Inn - Madison Heights
   
74.2%
 
3/31/2014
 
77
 
55
 
TTM 3/31/2014
 
2,606,287
 
1,556,308
 
1,049,979
 
0
 
1,049,979
 
80
 
59
 
Actual 2013
 
2,649,124
 
1,787,362
 
861,762
 
96,429
 
765,333
22.02
 
Holiday Inn Express - Flint
   
52.1%
 
3/31/2014
 
75
 
40
 
TTM 3/31/2014
 
1,886,975
 
1,241,851
 
645,124
 
0
 
645,124
 
82
 
43
 
Actual 2013
 
1,870,192
 
1,275,711
 
594,481
 
70,580
 
523,901
23
 
Gateway Plaza
   
97.3%
 
6/30/2014
         
TTM 5/31/2014
 
1,000,545
 
499,723
 
500,822
 
0
 
500,822
         
Actual 2013
 
1,315,160
 
592,823
 
722,337
 
0
 
722,337
24
 
Promenade Merced
   
96.3%
 
7/28/2014
         
TTM 5/31/2014
 
1,266,500
 
383,149
 
883,351
 
0
 
883,351
         
Actual 2013
 
1,235,109
 
390,464
 
844,645
 
0
 
844,645
25
 
Victory Village
   
90.1%
 
6/30/2014
         
TTM 6/30/2014
 
1,104,389
 
335,103
 
769,286
 
0
 
769,286
         
Actual 2013
 
1,097,365
 
315,943
 
781,422
 
0
 
781,422
26
 
Hampton Inn & Suites Lenox
   
78.1%
 
6/30/2014
 
156
 
117
 
TTM 6/30/2014
 
3,561,878
 
2,194,931
 
1,366,947
 
0
 
1,366,947
 
156
 
122
 
Actual 2013
 
3,422,774
 
2,105,309
 
1,317,465
 
0
 
1,317,465
27
 
East Forest Plaza II
   
100.0%
 
7/9/2014
         
TTM 4/30/2014
 
1,349,822
 
408,115
 
941,707
 
0
 
941,707
         
Actual 2013
 
1,340,858
 
403,157
 
937,701
 
0
 
937,701
28
 
San Rafael Self Storage
   
95.0%
 
7/7/2014
         
TTM 3/31/2014
 
1,200,475
 
329,385
 
871,090
 
0
 
871,090
         
Actual 2013
 
1,163,267
 
324,574
 
838,693
 
0
 
838,693
29
 
All Storage Mustang Mini
   
86.9%
 
7/11/2014
         
TTM 6/30/2014
 
1,065,735
 
326,902
 
738,833
 
0
 
738,833
         
Actual 2013
 
1,011,730
 
336,938
 
674,792
 
0
 
674,792
30
 
Marley Park Plaza
   
93.9%
 
8/12/2014
         
TTM 6/30/2014
 
741,379
 
397,421
 
343,958
 
0
 
343,958
         
Actual 2013
 
725,778
 
412,821
 
312,957
 
0
 
312,957
31
 
English Oaks Apartments
   
99.1%
 
7/15/2014
         
TTM 7/31/2014
 
1,523,219
 
866,000
 
657,219
 
0
 
657,219
         
NAV
 
NAV
 
NAV
 
NAV
 
0
 
NAV
32
 
WMA Shadow Portfolio
   
100.0%
 
Various
         
Actual 2013
 
1,148,757
 
268,631
 
880,126
 
0
 
880,126
         
Actual 2012
 
1,057,091
 
319,463
 
737,627
 
0
 
737,627
32.01
 
Spring Lake Town Center
   
100.0%
 
6/10/2014
         
Actual 2013
 
487,403
 
102,023
 
385,381
 
0
 
385,381
         
Actual 2012
 
445,352
 
103,853
 
341,498
 
0
 
341,498
32.02
 
Metro Junction
   
100.0%
 
6/25/2014
         
Actual 2013
 
341,186
 
100,808
 
240,378
 
0
 
240,378
         
Actual 2012
 
290,410
 
145,938
 
144,472
 
0
 
144,472
32.03
 
Center Stage at Winder
   
100.0%
 
8/1/2014
         
Actual 2013
 
320,168
 
65,800
 
254,368
 
0
 
254,368
         
Actual 2012
 
321,329
 
69,672
 
251,656
 
0
 
251,656
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                 
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                 
                                                                               
Mortgage Loan
Number
 
Property Name
   
Occupancy
Rate(2)(13)(16)
 
Occupancy
as-of
Date(13)
 
U/W Hotel
ADR
 
U/W Hotel
RevPAR
 
Most Recent Period(14)
 
Most Recent
Revenues
($)(14)
 
Most Recent
Expenses
($)(14)
 
Most
Recent
NOI ($)(14)
 
Most Recent Capital
Expenditures ($)
(14)
 
Most Recent NCF
($)(14)
 
Most Recent
Hotel ADR
 
Most Recent
Hotel RevPAR
 
Second Most Recent Period(14)
 
Second Most
Recent
Revenues
($)(14)
 
Second Most
Recent
Expenses
($)(14)
 
Second Most
Recent NOI
($)(14)
 
Second Most Recent
Capital
Expenditures
($)(14)
 
Second Most
Recent NCF
($)(14)
33
 
Larchmont Village Plaza
   
100.0%
 
6/30/2014
         
TTM 5/31/2014
 
1,085,689
 
181,289
 
904,400
 
0
 
904,400
         
Actual 2013
 
1,039,262
 
181,668
 
857,594
 
0
 
857,594
34
 
Jordan Hospital Medical Office
   
100.0%
 
9/1/2014
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
35
 
Shiloh Business Park
   
100.0%
 
8/14/2014
         
TTM 6/30/2014
 
725,463
 
139,840
 
585,623
 
0
 
585,623
         
Actual 2013
 
639,049
 
65,445
 
573,604
 
0
 
573,604
36
 
Temescal Storage Center
   
91.5%
 
7/21/2014
         
TTM 5/30/2014
 
1,110,572
 
433,659
 
676,913
 
0
 
676,913
         
Actual 2013
 
1,078,717
 
392,985
 
685,733
 
0
 
685,733
37
 
Storage Choice Sugar Land
   
88.2%
 
5/29/2014
         
TTM 7/31/2014
 
941,478
 
348,379
 
593,099
 
0
 
593,099
         
Actual 2013
 
944,754
 
361,534
 
583,220
 
0
 
583,220
38
 
Chateau Villa Corp.
   
95.0%
 
7/10/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
39
 
Storage Choice Pearland
   
91.0%
 
5/29/2014
         
TTM 7/31/2014
 
888,801
 
291,382
 
597,420
 
0
 
597,420
         
Actual 2013
 
864,811
 
289,771
 
575,040
 
0
 
575,040
40
 
Country Life MHP
   
84.4%
 
7/31/2014
         
TTM 6/30/2014
 
1,631,954
 
818,831
 
813,123
 
0
 
813,123
         
Actual 2013
 
1,611,660
 
803,286
 
808,374
 
0
 
808,374
41
 
Western Square Shopping Center
   
90.4%
 
7/16/2014
         
TTM 6/30/2014
 
740,292
 
168,698
 
571,594
 
0
 
571,594
         
Actual 2013
 
732,833
 
169,265
 
563,568
 
0
 
563,568
42
 
La Quinta - Lexington
   
82.8%
 
6/30/2014
 
73
 
58
 
TTM 6/30/2014
 
1,591,751
 
1,018,164
 
573,587
 
63,670
 
509,917
 
73
 
60
 
Actual 2013
 
1,554,117
 
969,731
 
584,386
 
62,165
 
522,221
43
 
Brittany Estates
   
91.2%
 
7/31/2014
         
TTM 6/30/2014
 
698,931
 
350,298
 
348,633
 
0
 
348,633
         
Actual 2013
 
662,107
 
344,363
 
317,744
 
0
 
317,744
44
 
All Storage Mustang SC
   
96.5%
 
8/27/2014
         
TTM 6/30/2014
 
669,390
 
177,707
 
491,683
 
0
 
491,683
         
Actual 2013
 
649,866
 
187,881
 
461,985
 
0
 
461,985
45
 
StorQuest - Hollywood
   
81.4%
 
5/31/2014
         
TTM 4/30/2014
 
668,549
 
299,573
 
368,976
 
0
 
368,976
         
Actual 2013
 
661,598
 
290,154
 
371,444
 
0
 
371,444
46
 
DAK Equities Corp.
   
95.0%
 
6/19/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
47
 
Comfort Suites - Wilmington
   
58.3%
 
7/31/2014
 
83
 
48
 
TTM 7/31/2014
 
1,334,729
 
738,511
 
596,218
 
0
 
596,218
 
83
 
48
 
Actual 2013
 
1,232,883
 
710,525
 
522,358
 
0
 
522,358
48
 
Storage Depot - Regal Row
   
92.5%
 
7/22/2014
         
TTM 6/30/2014
 
507,750
 
145,913
 
361,837
 
0
 
361,837
         
Actual 2013
 
463,727
 
139,983
 
323,744
 
0
 
323,744
49
 
Big Bend Storage
   
87.9%
 
6/18/2014
         
Actual 2013
 
655,695
 
190,526
 
465,170
 
0
 
465,170
         
Actual 2012
 
587,488
 
197,055
 
390,432
 
0
 
390,432
50
 
Mark Twain Owners’ Corp.
   
95.0%
 
6/6/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
51
 
Town Lakes Self Storage
   
93.3%
 
8/6/2014
         
TTM 7/31/2014
 
489,165
 
115,532
 
373,633
 
0
 
373,633
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
52
 
Renaissance Park I
   
100.0%
 
8/1/2014
         
TTM 5/31/2014
 
684,173
 
237,229
 
446,944
 
0
 
446,944
         
Actual 2013
 
674,213
 
230,539
 
443,674
 
0
 
443,674
53
 
Hidden Meadows, Inc.
   
95.0%
 
6/8/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
54
 
Storage Choice Stafford
   
84.5%
 
5/29/2014
         
TTM 7/31/2014
 
677,028
 
331,513
 
345,515
 
0
 
345,515
         
Actual 2013
 
659,879
 
323,547
 
336,332
 
0
 
336,332
55
 
Walgreens - Albuquerque
   
100.0%
 
9/1/2014
         
Actual 2013
 
359,774
 
0
 
359,774
 
0
 
359,774
         
Actual 2012
 
359,774
 
0
 
359,774
 
0
 
359,774
56
 
Kingsgate Village Apartments
   
100.0%
 
7/1/2014
         
Annualized 5 3/31/2014
 
616,586
 
204,521
 
412,066
 
0
 
412,066
         
Actual 2013
 
606,673
 
270,994
 
335,679
 
0
 
335,679
57
 
StorQuest - Kalihi
   
93.0%
 
7/20/2014
         
Annualized 10 6/30/2014
 
571,328
 
283,410
 
287,917
 
0
 
287,917
         
Actual 2013
 
560,040
 
312,779
 
247,261
 
0
 
247,261
58
 
Statewide Self Storage
   
100.0%
 
6/19/2014
         
TTM 5/31/2014
 
771,767
 
297,662
 
474,105
 
0
 
474,105
         
Actual 2013
 
780,262
 
308,103
 
472,159
 
0
 
472,159
59
 
Storage Depot - Huebner Commons
   
78.6%
 
7/22/2014
         
TTM 6/30/2014
 
436,835
 
168,063
 
268,772
 
0
 
268,772
         
Actual 2013
 
422,836
 
172,279
 
250,557
 
0
 
250,557
60
 
Storage Choice Clear Lake
   
87.1%
 
5/29/2014
         
TTM 7/31/2014
 
549,621
 
248,466
 
301,155
 
0
 
301,155
         
Actual 2013
 
550,746
 
263,255
 
287,491
 
0
 
287,491
61
 
Saratoga Storage
   
92.7%
 
5/31/2014
         
TTM 6/30/2014
 
465,261
 
184,911
 
280,350
 
0
 
280,350
         
Actual 2013
 
451,645
 
187,110
 
264,535
 
0
 
264,535
62
 
Storage Depot - McAllen
   
99.1%
 
7/22/2014
         
TTM 6/30/2014
 
395,588
 
122,954
 
272,634
 
0
 
272,634
         
Actual 2013
 
387,971
 
119,450
 
268,521
 
0
 
268,521
63
 
Locust Street Owners Inc.
   
95.0%
 
5/21/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
64
 
Bridge Road Storage
   
93.6%
 
6/18/2014
         
Actual 2013
 
421,765
 
166,781
 
254,984
 
0
 
254,984
         
Actual 2012
 
415,474
 
188,849
 
226,625
 
0
 
226,625
65
 
Midtown Manor Apartments, Ltd.
   
95.0%
 
6/26/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
66
 
Cedar River Estates MHC
   
96.6%
 
7/24/2014
         
TTM 6/30/2014
 
480,637
 
255,568
 
225,069
 
0
 
225,069
         
Actual 2013
 
478,388
 
227,243
 
251,145
 
0
 
251,145
67
 
Elmhurst House, Inc.
   
95.0%
 
5/29/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
68
 
270 King Street
   
100.0%
 
7/1/2014
         
TTM 6/30/2014
 
256,897
 
58,723
 
198,173
 
0
 
198,173
         
Annualized 9 12/31/2013
 
261,554
 
78,713
 
182,841
 
0
 
182,841
69
 
Storage Depot - Highway 77
   
89.8%
 
7/22/2014
         
TTM 6/30/2014
 
322,472
 
102,222
 
220,250
 
0
 
220,250
         
Actual 2013
 
299,460
 
95,481
 
203,979
 
0
 
203,979
70
 
130 E. 94th Apartments Corp.
   
95.0%
 
6/26/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
71
 
95 Sedgwick Owners Corp.
   
95.0%
 
7/8/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
72
 
Extra Space Palm Springs
   
76.8%
 
7/31/2014
         
TTM 6/30/2014
 
410,104
 
194,207
 
215,897
 
0
 
215,897
         
Actual 2013
 
383,745
 
179,868
 
203,877
 
0
 
203,877
73
 
2640 Marion Avenue Owners, Inc.
   
95.0%
 
7/22/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
74
 
Bedford Square Apartments
   
97.9%
 
7/7/2014
         
TTM 6/30/2014
 
422,554
 
192,453
 
230,101
 
0
 
230,101
         
Actual 2013
 
424,429
 
210,922
 
213,507
 
0
 
213,507
75
 
Kentwood MHC
   
79.4%
 
7/12/2014
         
TTM 6/30/2014
 
447,726
 
185,892
 
261,835
 
0
 
261,835
         
Actual 2013
 
441,319
 
229,290
 
212,029
 
0
 
212,029
76
 
Shops on Veterans
   
100.0%
 
6/3/2014
         
Annualized 6 6/30/2014
 
584,157
 
300,468
 
283,689
 
0
 
283,689
         
Actual 2013
 
578,696
 
294,732
 
283,964
 
0
 
283,964
77
 
Groff Studios Corp.
   
95.0%
 
6/6/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
78
 
828 Fifth Avenue Owners Corp.
   
95.0%
 
7/18/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
79
 
Samuell Self Storage
   
88.0%
 
7/31/2014
         
TTM 7/31/2014
 
356,161
 
170,047
 
186,114
 
0
 
186,114
         
Actual 2013
 
331,615
 
171,381
 
160,233
 
0
 
160,233
80
 
Clark Street Tenants Incorporated
   
95.0%
 
7/29/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
81
 
61 Irving Place Corporation
   
94.9%
 
6/27/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
82
 
444 East 87th Street Owners Corp.
   
95.0%
 
7/28/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
83
 
Longhorn Self Storage
   
94.1%
 
7/31/2014
         
TTM 7/31/2014
 
352,927
 
182,688
 
170,239
 
0
 
170,239
         
Actual 2013
 
347,080
 
171,116
 
175,964
 
0
 
175,964
84
 
40 W. 22nd St. Tenants Cooperative Corp.
   
94.7%
 
6/13/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
85
 
Cheney Center
   
100.0%
 
7/1/2014
         
Annualized 7 7/31/2014
 
296,261
 
97,810
 
198,451
 
0
 
198,451
         
Actual 2013
 
264,598
 
108,784
 
155,814
 
0
 
155,814
86
 
323 West 83rd Owners Corp.
   
95.0%
 
7/16/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
87
 
Gibbons Commons Apartments
   
100.0%
 
7/2/2014
         
TTM 5/31/2014
 
486,214
 
264,079
 
222,135
 
0
 
222,135
         
Actual 2013
 
475,914
 
263,240
 
212,674
 
0
 
212,674
88
 
Dollar General - Ocoee
   
100.0%
 
9/1/2014
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
89
 
Trinity Arms Ltd.
   
95.0%
 
6/10/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
90
 
Garden Lofts Corp.
   
95.2%
 
7/16/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
91
 
Merritt Island MHC
   
84.9%
 
7/31/2014
         
TTM 6/30/2014
 
225,269
 
111,583
 
113,686
 
6,500
 
107,186
         
Actual 2013
 
219,868
 
85,792
 
134,076
 
63,577
 
70,499
92
 
256 West 21st Owners Corp.
   
95.0%
 
5/27/2014
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
         
                                                                   
Mortgage Loan
Number
 
Property Name
   
Second Most
Recent Hotel
ADR
 
Second Most
Recent Hotel
RevPAR
 
Third Most Recent
Period(14)
 
Third Most
Recent
Revenues
($)(14)
 
Third Most
Recent
Expenses
($)(14)
 
Third Most
Recent NOI
($)(14)
 
Third Most Recent
Capital Expenditures
($)(14)
 
Third Most
Recent NCF
($)(14)
 
Third Most
Recent Hotel
ADR
 
Third Most
Recent Hotel
RevPAR
 
Master Lease
(Y/N)
 
Largest Tenant Name(15)(16)(17)
 
Largest Tenant
Sq. Ft.
 
Largest
Tenant
% of NRA
 
Largest Tenant Exp. Date(15)
1
 
Bank of America Plaza
           
Actual 2012
 
52,527,192
 
22,919,691
 
29,607,501
 
0
 
29,607,501
         
N
 
Capital Group
 
323,554
 
22.6%
 
2/28/2018
2
 
Crossings at Corona
           
Actual 2012
 
18,460,193
 
5,471,353
 
12,988,840
 
0
 
12,988,840
         
N
 
Kohl’s
 
87,050
 
10.4%
 
1/31/2024
3
 
Columbus Square Portfolio
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Whole Foods
 
62,454
 
12.6%
 
8/31/2029
4
 
DC Metro Mixed Use Portfolio
           
Actual 2012
 
4,712,584
 
1,102,967
 
3,609,617
 
0
 
3,609,617
         
N
 
Various
 
Various
 
Various
 
Various
4.01
 
920-928 Rhode Island Avenue
           
Actual 2012
 
1,199,787
 
225,357
 
974,430
 
0
 
974,430
         
N
 
District of Columbia- Human Resources
 
20,637
 
50.6%
 
1/31/2025
4.02
 
875 N Street
           
Actual 2012
 
685,420
 
229,200
 
456,220
 
0
 
456,220
         
N
 
HUGE, LLC
 
6,850
 
25.0%
 
6/1/2017
4.03
 
119-125 N. Washington Street
           
Actual 2012
 
407,286
 
150,834
 
256,452
 
0
 
256,452
         
N
 
Circe of Alexandria
 
5,752
 
22.3%
 
12/31/2020
4.04
 
2000 S Street
           
Actual 2012
 
444,542
 
111,901
 
332,641
 
0
 
332,641
         
N
 
Health/HIV
 
5,400
 
50.0%
 
6/30/2020
4.05
 
717 6th Street NW
           
Actual 2012
 
392,281
 
56,232
 
336,049
 
0
 
336,049
         
N
 
ROOFTOPDC, LLC
 
7,650
 
100.0%
 
8/1/2024
4.06
 
700 King Street
           
Actual 2012
 
257,054
 
44,167
 
212,887
 
0
 
212,887
         
N
 
Lululemon USA, Inc.
 
3,450
 
75.3%
 
9/30/2019
4.07
 
1330 U Street
           
Actual 2012
 
215,824
 
43,811
 
172,013
 
0
 
172,013
         
N
 
Community IT Innovators, Inc.
 
4,200
 
55.5%
 
10/31/2014
4.08
 
100 King Street
           
Actual 2012
 
403,979
 
59,197
 
344,782
 
0
 
344,782
         
N
 
Carluccio’s
 
6,482
 
100.0%
 
1/31/2026
4.09
 
301 Pennsylvania Avenue
           
Actual 2012
 
156,137
 
35,753
 
120,384
 
0
 
120,384
         
N
 
Pret A Manger Building
 
4,300
 
100.0%
 
5/31/2024
4.10
 
705 6th Street
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Daikaya, LLC
 
4,200
 
100.0%
 
3/31/2023
4.11
 
3343 Prospect Street
           
Actual 2012
 
103,054
 
27,088
 
75,966
 
0
 
75,966
         
N
 
Down Dog Power Yoga
 
2,587
 
77.5%
 
4/30/2024
4.12
 
856 Rockville Pike
           
Actual 2012
 
140,267
 
21,031
 
119,236
 
0
 
119,236
         
N
 
Mattress Discounters Operations, LLC
 
4,795
 
100.0%
 
11/30/2017
4.13
 
106 N. Washington Street
           
Actual 2012
 
129,791
 
23,722
 
106,069
 
0
 
106,069
         
N
 
BGR Old Town, LLC
 
2,143
 
54.5%
 
8/31/2019
4.14
 
438 Massachusetts Avenue
           
Actual 2012
 
64,905
 
28,000
 
36,905
 
0
 
36,905
         
N
 
Engine 6, LLC
 
3,619
 
100.0%
 
1/31/2022
4.15
 
1726 20th Street
           
Actual 2012
 
112,257
 
46,674
 
65,583
 
0
 
65,583
         
N
 
Jahia, Inc.
 
1,501
 
49.9%
 
9/30/2017
5
 
Centennial Center & Two Century Center
           
Actual 2012
 
9,000,197
 
6,023,065
 
2,977,132
 
0
 
2,977,132
         
N
 
Various
 
Various
 
Various
 
Various
5.01
 
Centennial Center
           
Actual 2012
 
4,746,286
 
3,567,678
 
1,178,607
 
0
 
1,178,607
         
N
 
United Health Care Service
 
41,593
 
15.3%
 
2/28/2018
5.02
 
Two Century Tower
           
Actual 2012
 
4,253,911
 
2,455,387
 
1,798,525
 
0
 
1,798,525
         
N
 
Audio Visual Services Group
 
41,850
 
18.9%
 
6/30/2015
6
 
677 Broadway
           
Actual 2012
 
4,244,967
 
2,071,477
 
2,173,490
 
0
 
2,173,490
         
N
 
Wilson, Elser (WEMED)
 
31,283
 
17.7%
 
1/31/2021
7
 
Homewood Suites - New Orleans
   
169
 
131
 
Actual 2012
 
8,316,687
 
4,449,293
 
3,867,394
 
0
 
3,867,394
 
153
 
129
 
N
               
8
 
Culver City Office Portfolio
           
Actual 2012
 
2,424,067
 
912,586
 
1,511,481
 
0
 
1,511,481
         
N
 
Blur Studios
 
24,384
 
25.9%
 
10/31/2023
9
 
Slatten Ranch Shopping Center
           
Actual 2012
 
3,607,664
 
1,040,281
 
2,567,383
 
0
 
2,567,383
         
N
 
Bed Bath & Beyond
 
27,000
 
22.8%
 
1/31/2024
10
 
Simi Valley Shopping Center
           
Actual 2012
 
3,261,874
 
660,826
 
2,601,048
 
0
 
2,601,048
         
N
 
Vallarta
 
75,040
 
34.3%
 
3/31/2031
11
 
Stratford at Hillcrest
           
Actual 2012
 
2,771,889
 
1,225,457
 
1,546,432
 
0
 
1,546,432
         
N
               
12
 
Marriott Bakersfield
   
89
 
72
 
Actual 2012
 
10,054,825
 
8,018,359
 
2,036,466
 
0
 
2,036,466
 
87
 
64
 
N
               
13
 
Pomona Ranch Plaza
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
San Gabriel/Pomona Valley
 
100,000
 
100.0%
 
2/29/2024
14
 
Courtyard by Marriott - Orlando
   
117
 
82
 
Actual 2012
 
5,975,937
 
4,551,745
 
1,424,192
 
0
 
1,424,192
 
110
 
70
 
N
               
15
 
The Shops at Starwood
           
Actual 2012
 
2,035,276
 
675,209
 
1,360,067
 
0
 
1,360,067
         
N
 
Century21
 
5,408
 
9.8%
 
12/31/2019
16
 
The Shops at Pecos Ranch
           
Actual 2012
 
1,391,651
 
421,540
 
970,111
 
0
 
970,111
         
N
 
The Final LLC
 
16,133
 
20.5%
 
6/30/2015
17
 
Main Street & South Park
           
Actual 2012
 
1,829,333
 
500,458
 
1,328,875
 
0
 
1,328,875
         
N
 
Various
 
Various
 
Various
 
Various
17.01
 
South Park
           
Actual 2012
 
1,025,062
 
266,847
 
758,215
 
0
 
758,215
         
N
 
Big Lots
 
20,250
 
19.4%
 
1/31/2017
17.02
 
Main Street
           
Actual 2012
 
804,271
 
308,019
 
496,252
 
0
 
496,252
         
N
 
MEPS
 
20,342
 
51.7%
 
3/31/2019
18
 
Schlumberger Office
           
Actual 2012
 
2,756,743
 
1,064,775
 
1,691,968
 
0
 
1,691,968
         
N
 
Schlumberger Technology Corporation
 
155,324
 
100.0%
 
6/30/2017
19
 
All Storage Hwy 66
           
Actual 2012
 
1,240,903
 
353,644
 
887,259
 
0
 
887,259
         
N
               
20
 
Corridors Deer Valley
           
Actual 2012
 
2,304,319
 
1,013,025
 
1,291,294
 
0
 
1,291,294
         
N
 
State of Arizona
 
41,070
 
25.0%
 
12/4/2019
21
 
BJ’s Wholesale Club - Jacksonville
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
BJ’s Wholesale Club, Inc.
 
119,598
 
100.0%
 
1/28/2026
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
   
76
 
51
 
Actual 2012
 
3,898,861
 
2,699,651
 
1,199,210
 
0
 
1,199,210
 
75
 
44
 
N
               
22.01
 
Fairfield Inn - Madison Heights
   
78
 
60
 
Actual 2012
 
2,255,062
 
1,602,116
 
652,946
 
0
 
652,946
 
72
 
51
 
N
               
22.02
 
Holiday Inn Express - Flint
   
74
 
42
 
Actual 2012
 
1,643,798
 
1,097,535
 
546,263
 
0
 
546,263
 
80
 
37
 
N
               
23
 
Gateway Plaza
           
Actual 2012
 
1,525,875
 
642,619
 
883,256
 
0
 
883,256
         
N
 
Burlington Coat Factory
 
80,000
 
57.8%
 
2/28/2025
24
 
Promenade Merced
           
Actual 2012
 
1,176,081
 
375,154
 
800,927
 
0
 
800,927
         
N
 
UC Merced
 
17,812
 
31.7%
 
6/30/2018
25
 
Victory Village
           
Actual 2012
 
1,032,228
 
326,513
 
705,715
 
0
 
705,715
         
N
 
Publix
 
45,600
 
64.0%
 
9/30/2027
26
 
Hampton Inn & Suites Lenox
   
156
 
117
 
Actual 2012
 
3,389,456
 
2,057,351
 
1,332,105
 
0
 
1,332,105
 
153
 
116
 
N
               
27
 
East Forest Plaza II
           
Actual 2012
 
1,332,503
 
386,363
 
946,140
 
0
 
946,140
         
N
 
Hobby Lobby
 
60,000
 
55.0%
 
10/31/2019
28
 
San Rafael Self Storage
           
Actual 2012
 
1,043,195
 
299,243
 
743,952
 
0
 
743,952
         
N
               
29
 
All Storage Mustang Mini
           
Actual 2012
 
927,439
 
328,284
 
599,155
 
0
 
599,155
         
N
               
30
 
Marley Park Plaza
           
Actual 2012
 
495,923
 
434,051
 
61,872
 
0
 
61,872
         
N
 
Bashas’
 
49,212
 
63.5%
 
2/1/2028
31
 
English Oaks Apartments
           
NAV
 
NAV
 
NAV
 
NAV
 
0
 
NAV
         
N
               
32
 
WMA Shadow Portfolio
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Various
 
Various
 
Various
 
Various
32.01
 
Spring Lake Town Center
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Dollar Tree
 
10,000
 
33.6%
 
4/30/2019
32.02
 
Metro Junction
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Rent-A-Center East, Inc.
 
6,000
 
25.0%
 
6/30/2017
32.03
 
Center Stage at Winder
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Meat Man
 
3,080
 
21.1%
 
8/31/2015
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
         
                                                                   
Mortgage Loan
Number
 
Property Name
   
Second Most
Recent Hotel
ADR
 
Second Most
Recent Hotel
RevPAR
 
Third Most Recent
Period(14)
 
Third Most
Recent
Revenues
($)(14)
 
Third Most
Recent
Expenses
($)(14)
 
Third Most
Recent NOI
($)(14)
 
Third Most Recent
Capital Expenditures
($)(14)
 
Third Most
Recent NCF
($)(14)
 
Third Most
Recent Hotel
ADR
 
Third Most
Recent Hotel
RevPAR
 
Master Lease
(Y/N)
 
Largest Tenant Name(15)(16)(17)
 
Largest Tenant
Sq. Ft.
 
Largest
Tenant
% of NRA
 
Largest Tenant Exp. Date(15)
33
 
Larchmont Village Plaza
           
Actual 2012
 
986,677
 
171,303
 
815,374
 
0
 
815,374
         
N
 
Rite Aid Corporation
 
9,930
 
60.9%
 
4/30/2029
34
 
Jordan Hospital Medical Office
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Jordan Physician Associates, Inc.
 
30,803
 
100.0%
 
2/28/2029
35
 
Shiloh Business Park
           
Actual 2012
 
734,633
 
130,331
 
604,302
 
0
 
604,302
         
N
 
Revive Drinks
 
8,780
 
13.6%
 
12/31/2017
36
 
Temescal Storage Center
           
Actual 2012
 
1,046,828
 
462,859
 
583,969
 
0
 
583,969
         
N
               
37
 
Storage Choice Sugar Land
           
Actual 2012
 
913,201
 
359,446
 
553,755
 
0
 
553,755
         
N
               
38
 
Chateau Villa Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
39
 
Storage Choice Pearland
           
Actual 2012
 
781,171
 
297,279
 
483,892
 
0
 
483,892
         
N
               
40
 
Country Life MHP
           
Actual 2012
 
1,533,876
 
793,687
 
740,189
 
0
 
740,189
         
N
               
41
 
Western Square Shopping Center
           
Actual 2012
 
682,524
 
172,287
 
510,237
 
0
 
510,237
         
N
 
Goodwill Industries
 
19,008
 
24.3%
 
9/30/2017
42
 
La Quinta - Lexington
   
71
 
59
 
Actual 2012
 
1,357,030
 
864,226
 
492,804
 
54,281
 
438,523
 
68
 
51
 
N
               
43
 
Brittany Estates
           
Actual 2012
 
660,444
 
383,153
 
277,291
 
0
 
277,291
         
N
               
44
 
All Storage Mustang SC
           
Actual 2012
 
596,494
 
174,337
 
422,157
 
0
 
422,157
         
N
               
45
 
StorQuest - Hollywood
           
Actual 2012
 
585,464
 
270,042
 
315,421
 
0
 
315,421
         
N
               
46
 
DAK Equities Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
47
 
Comfort Suites - Wilmington
   
81
 
45
 
Actual 2012
 
1,228,632
 
703,110
 
525,522
 
0
 
525,522
 
80
 
45
 
N
               
48
 
Storage Depot - Regal Row
           
Actual 2012
 
346,058
 
93,888
 
252,170
 
0
 
252,170
         
N
               
49
 
Big Bend Storage
           
Actual 2011
 
541,083
 
192,794
 
348,289
 
0
 
348,289
         
N
               
50
 
Mark Twain Owners’ Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
51
 
Town Lakes Self Storage
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
               
52
 
Renaissance Park I
           
Actual 2012
 
671,633
 
216,978
 
454,655
 
0
 
454,655
         
N
 
BB&T Insurance
 
9,130
 
31.0%
 
4/30/2017
53
 
Hidden Meadows, Inc.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
54
 
Storage Choice Stafford
           
Actual 2012
 
575,599
 
331,751
 
243,848
 
0
 
243,848
         
N
               
55
 
Walgreens - Albuquerque
           
Actual 2011
 
359,774
 
0
 
359,774
 
0
 
359,774
         
N
 
Walgreens Company
 
14,560
 
100.0%
 
8/31/2079
56
 
Kingsgate Village Apartments
           
Actual 2012
 
562,788
 
265,689
 
297,099
 
0
 
297,099
         
N
               
57
 
StorQuest - Kalihi
           
Actual 2012
 
591,987
 
302,125
 
289,862
 
0
 
289,862
         
N
               
58
 
Statewide Self Storage
           
Actual 2012
 
775,405
 
289,614
 
485,791
 
0
 
485,791
         
N
               
59
 
Storage Depot - Huebner Commons
           
Actual 2012
 
416,097
 
159,346
 
256,751
 
0
 
256,751
         
N
               
60
 
Storage Choice Clear Lake
           
Actual 2012
 
493,529
 
248,142
 
245,387
 
0
 
245,387
         
N
               
61
 
Saratoga Storage
           
Actual 2012
 
190,060
 
173,714
 
16,346
 
0
 
16,346
         
N
               
62
 
Storage Depot - McAllen
           
Actual 2012
 
376,499
 
114,250
 
262,249
 
0
 
262,249
         
N
               
63
 
Locust Street Owners Inc.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
64
 
Bridge Road Storage
           
Actual 2011
 
400,370
 
170,210
 
230,160
 
0
 
230,160
         
N
               
65
 
Midtown Manor Apartments, Ltd.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
66
 
Cedar River Estates MHC
           
Actual 2012
 
475,786
 
221,874
 
253,912
 
0
 
253,912
         
N
               
67
 
Elmhurst House, Inc.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
68
 
270 King Street
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Rangoni Charleston Corporation
 
2,724
 
40.1%
 
1/31/2018
69
 
Storage Depot - Highway 77
           
Actual 2012
 
235,361
 
88,355
 
147,006
 
0
 
147,006
         
N
               
70
 
130 E. 94th Apartments Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
71
 
95 Sedgwick Owners Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
72
 
Extra Space Palm Springs
           
Actual 2012
 
326,236
 
188,871
 
137,365
 
0
 
137,365
         
N
               
73
 
2640 Marion Avenue Owners, Inc.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
74
 
Bedford Square Apartments
           
Actual 2012
 
404,726
 
210,914
 
193,812
 
0
 
193,812
         
N
               
75
 
Kentwood MHC
           
Annualized 9 9/30/2012
 
414,087
 
253,527
 
160,560
 
0
 
160,560
         
N
               
76
 
Shops on Veterans
           
Actual 2012
 
562,377
 
300,586
 
261,791
 
0
 
261,791
         
N
 
Verizon Wireless
 
6,000
 
41.9%
 
10/31/2015
77
 
Groff Studios Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
78
 
828 Fifth Avenue Owners Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
79
 
Samuell Self Storage
           
Actual 2012
 
281,138
 
161,895
 
119,243
 
0
 
119,243
         
N
               
80
 
Clark Street Tenants Incorporated
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
81
 
61 Irving Place Corporation
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
82
 
444 East 87th Street Owners Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
83
 
Longhorn Self Storage
           
Actual 2012
 
323,828
 
162,526
 
161,302
 
0
 
161,302
         
N
               
84
 
40 W. 22nd St. Tenants Cooperative Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
85
 
Cheney Center
           
Actual 2012
 
256,656
 
92,575
 
164,081
 
0
 
164,081
         
N
 
Comet Cleaners
 
2,015
 
17.7%
 
6/30/2018
86
 
323 West 83rd Owners Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
87
 
Gibbons Commons Apartments
           
Actual 2012
 
476,663
 
296,653
 
180,010
 
0
 
180,010
         
N
               
88
 
Dollar General - Ocoee
           
NAV
 
NAV
 
NAV
 
NAV
 
NAV
 
NAV
         
N
 
Dollar General
 
12,382
 
100.0%
 
4/30/2029
89
 
Trinity Arms Ltd.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
90
 
Garden Lofts Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
91
 
Merritt Island MHC
           
Actual 2012
 
217,907
 
102,441
 
115,466
 
3,100
 
112,366
         
N
               
92
 
256 West 21st Owners Corp.
           
NAP
 
NAP
 
NAP
 
NAP
 
NAP
 
NAP
         
NAP
               
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                   
Mortgage Loan
Number
 
Property Name
   
2nd Largest Tenant Name(15)(16)(17)
 
2nd Largest
Tenant Sq. Ft.
 
2nd Largest
Tenant
% of NRA
 
2nd Largest Tenant Exp. Date(15)
 
3rd Largest Tenant Name(16)(17)(28)
 
3rd Largest
Tenant Sq. Ft.(28)
 
3rd Largest
Tenant
% of NRA
 
3rd Largest Tenant Exp. Date
1
 
Bank of America Plaza
   
Shepard Mullin
 
185,927
 
13.0%
 
12/31/2024
 
Bank of America
 
163,512
 
11.4%
 
6/30/2022
2
 
Crossings at Corona
   
Edward’s Cinemas (Regal)
 
80,485
 
9.6%
 
11/30/2019
 
Toys/Babies R Us
 
63,359
 
7.6%
 
1/31/2019
3
 
Columbus Square Portfolio
   
Mandell Nursery
 
55,022
 
11.1%
 
6/30/2030
 
TJ Maxx
 
40,550
 
8.2%
 
10/31/2019
4
 
DC Metro Mixed Use Portfolio
   
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
4.01
 
920-928 Rhode Island Avenue
   
District of Columbia- Courts
 
20,109
 
49.4%
 
11/30/2017
               
4.02
 
875 N Street
   
Columbo Bank
 
6,042
 
22.1%
 
7/31/2019
               
4.03
 
119-125 N. Washington Street
   
Fine’Tique, Inc.
 
5,230
 
20.3%
 
8/31/2024
 
Legal Services of NVA
 
1,973
 
7.7%
 
9/30/2017
4.04
 
2000 S Street
   
Laogai Research Foundation
 
5,400
 
50.0%
 
6/30/2020
               
4.05
 
717 6th Street NW
                                 
4.06
 
700 King Street
   
Tu-Anh Nguyen, LLC
 
1,134
 
24.7%
 
5/31/2017
               
4.07
 
1330 U Street
   
District Pub Group, LLC
 
3,370
 
44.5%
 
11/30/2023
               
4.08
 
100 King Street
                                 
4.09
 
301 Pennsylvania Avenue
                                 
4.10
 
705 6th Street
                                 
4.11
 
3343 Prospect Street
   
Youm & K, Inc.
 
750
 
22.5%
 
5/31/2020
               
4.12
 
856 Rockville Pike
                                 
4.13
 
106 N. Washington Street
   
Urban Angler, LLC
 
1,792
 
45.5%
 
6/30/2017
               
4.14
 
438 Massachusetts Avenue
                                 
4.15
 
1726 20th Street
   
Iron Bean 1215, Inc.
 
755
 
25.1%
 
12/31/2019
 
TAG B Parking, LLC
 
755
 
25.1%
 
1/31/2017
5
 
Centennial Center & Two Century Center
   
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
5.01
 
Centennial Center
   
Crawford & Company
 
25,637
 
9.4%
 
9/30/2022
 
Pulte Home Corporation
 
24,810
 
9.1%
 
12/31/2021
5.02
 
Two Century Tower
   
Interactive Health Solutions
 
26,582
 
12.0%
 
6/30/2023
 
Motor Coach Industries
 
21,299
 
9.6%
 
12/31/2018
6
 
677 Broadway
   
McNamee, Lochner, Titus & Williams
 
31,282
 
17.7%
 
4/30/2020
 
Arthur Gallagher & Co
 
15,641
 
8.8%
 
4/30/2020
7
 
Homewood Suites - New Orleans
                                 
8
 
Culver City Office Portfolio
   
The Tennis Channel
 
17,355
 
18.5%
 
9/30/2015
 
Hornet Animations
 
8,660
 
9.2%
 
3/31/2018
9
 
Slatten Ranch Shopping Center
   
Barnes & Noble
 
23,000
 
19.5%
 
1/31/2019
 
Cost Plus
 
17,750
 
15.0%
 
1/31/2019
10
 
Simi Valley Shopping Center
   
Gold’s Gym
 
38,892
 
17.8%
 
11/14/2021
 
Tristone Cinema Group, LLC
 
37,000
 
16.9%
 
12/2/2019
11
 
Stratford at Hillcrest
                                 
12
 
Marriott Bakersfield
                                 
13
 
Pomona Ranch Plaza
                                 
14
 
Courtyard by Marriott - Orlando
                                 
15
 
The Shops at Starwood
   
Bonnie Ruth’s Café Trottoir et Patisserie
 
5,255
 
9.5%
 
11/30/2016
 
Tupy’s Mexican Food
 
4,686
 
8.5%
 
8/1/2020
16
 
The Shops at Pecos Ranch
   
Mini Skool Early Learning Centers, Inc.
 
10,685
 
13.6%
 
6/30/2019
 
Nando’s of Chandler
 
5,760
 
7.3%
 
5/31/2022
17
 
Main Street & South Park
   
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
17.01
 
South Park
   
Citi Trends
 
16,500
 
15.8%
 
4/30/2019
 
Burke’s Outlet Stores
 
13,500
 
12.9%
 
4/30/2015
17.02
 
Main Street
   
Denny’s
 
9,100
 
23.1%
 
4/30/2022
 
El Jimador Grill
 
5,850
 
14.9%
 
8/31/2018
18
 
Schlumberger Office
                                 
19
 
All Storage Hwy 66
                                 
20
 
Corridors Deer Valley
   
Rocky Mtn. Info Network
 
22,700
 
13.8%
 
9/30/2016
 
Performance Software Corporation
 
20,708
 
12.6%
 
7/31/2017
21
 
BJ’s Wholesale Club - Jacksonville
                                 
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
                                 
22.01
 
Fairfield Inn - Madison Heights
                                 
22.02
 
Holiday Inn Express - Flint
                                 
23
 
Gateway Plaza
   
Laser Legend
 
14,975
 
10.8%
 
10/31/2020
 
Goodwill Industries of San Antonio
 
13,500
 
9.8%
 
10/31/2018
24
 
Promenade Merced
   
Perdi Bar And Salon
 
3,354
 
6.0%
 
12/31/2017
 
Heritage Management Group
 
3,292
 
5.9%
 
1/31/2019
25
 
Victory Village
   
Garcia’s Mexican Restaurant
 
4,175
 
5.9%
 
1/31/2015
 
Victory Liquor & Wine
 
3,150
 
4.4%
 
12/31/2017
26
 
Hampton Inn & Suites Lenox
                                 
27
 
East Forest Plaza II
   
Southern Island Retail Stores, Inc.
 
25,000
 
22.9%
 
10/31/2019
 
Kool Smiles
 
5,000
 
4.6%
 
12/31/2015
28
 
San Rafael Self Storage
                                 
29
 
All Storage Mustang Mini
                                 
30
 
Marley Park Plaza
   
Sanity Salon & Spa
 
2,792
 
3.6%
 
1/31/2016
 
Legendary Martial Arts
 
2,756
 
3.6%
 
10/31/2017
31
 
English Oaks Apartments
                                 
32
 
WMA Shadow Portfolio
   
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
 
Various
32.01
 
Spring Lake Town Center
   
Cato
 
4,160
 
14.0%
 
1/31/2015
 
HobbyTown USA
 
3,200
 
10.8%
 
4/30/2016
32.02
 
Metro Junction
   
Cato
 
4,640
 
19.3%
 
1/31/2017
 
It’s Fashion
 
3,040
 
12.7%
 
1/31/2017
32.03
 
Center Stage at Winder
   
H&R Block
 
2,100
 
14.4%
 
7/31/2015
 
Gold & Silver Exchange
 
1,750
 
12.0%
 
8/31/2015
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                                   
Mortgage Loan
Number
 
Property Name
   
2nd Largest Tenant Name(15)(16)(17)
 
2nd Largest
Tenant Sq. Ft.
 
2nd Largest
Tenant
% of NRA
 
2nd Largest Tenant Exp. Date(15)
 
3rd Largest Tenant Name(16)(17)(28)
 
3rd Largest
Tenant Sq. Ft.(28)
 
3rd Largest
Tenant
% of NRA
 
3rd Largest Tenant Exp. Date
33
 
Larchmont Village Plaza
   
Larchmont Beauty Center
 
2,120
 
13.0%
 
6/30/2019
 
Joane Henneberger Pickett
 
1,697
 
10.4%
 
6/30/2016
34
 
Jordan Hospital Medical Office
                                 
35
 
Shiloh Business Park
   
WildBrine
 
8,760
 
13.6%
 
3/5/2015
 
Bravo Restoration Co.
 
3,930
 
6.1%
 
4/30/2016
36
 
Temescal Storage Center
                                 
37
 
Storage Choice Sugar Land
                                 
38
 
Chateau Villa Corp.
                                 
39
 
Storage Choice Pearland
                                 
40
 
Country Life MHP
                                 
41
 
Western Square Shopping Center
   
CSL Plasma, Inc.
 
11,495
 
14.7%
 
3/31/2028
 
Family Dollar Store 271
 
9,000
 
11.5%
 
12/31/2016
42
 
La Quinta - Lexington
                                 
43
 
Brittany Estates
                                 
44
 
All Storage Mustang SC
                                 
45
 
StorQuest - Hollywood
                                 
46
 
DAK Equities Corp.
                                 
47
 
Comfort Suites - Wilmington
                                 
48
 
Storage Depot - Regal Row
                                 
49
 
Big Bend Storage
                                 
50
 
Mark Twain Owners’ Corp.
                                 
51
 
Town Lakes Self Storage
                                 
52
 
Renaissance Park I
   
Dean Witter Reynolds
 
7,288
 
24.7%
 
2/28/2017
 
Northwestern Mutual
 
6,995
 
23.7%
 
10/30/2021
53
 
Hidden Meadows, Inc.
                                 
54
 
Storage Choice Stafford
                                 
55
 
Walgreens - Albuquerque
                                 
56
 
Kingsgate Village Apartments
                                 
57
 
StorQuest - Kalihi
                                 
58
 
Statewide Self Storage
                                 
59
 
Storage Depot - Huebner Commons
                                 
60
 
Storage Choice Clear Lake
                                 
61
 
Saratoga Storage
                                 
62
 
Storage Depot - McAllen
                                 
63
 
Locust Street Owners Inc.
                                 
64
 
Bridge Road Storage
                                 
65
 
Midtown Manor Apartments, Ltd.
                                 
66
 
Cedar River Estates MHC
                                 
67
 
Elmhurst House, Inc.
                                 
68
 
270 King Street
   
Rewind LLC (Candlefish)
 
2,319
 
34.1%
 
1/31/2018
 
P.J.T., Inc.
 
1,751
 
25.8%
 
12/31/2015
69
 
Storage Depot - Highway 77
                                 
70
 
130 E. 94th Apartments Corp.
                                 
71
 
95 Sedgwick Owners Corp.
                                 
72
 
Extra Space Palm Springs
                                 
73
 
2640 Marion Avenue Owners, Inc.
                                 
74
 
Bedford Square Apartments
                                 
75
 
Kentwood MHC
                                 
76
 
Shops on Veterans
   
Starbucks
 
1,900
 
13.3%
 
6/30/2018
 
Sally Beauty
 
1,716
 
12.0%
 
6/30/2018
77
 
Groff Studios Corp.
                                 
78
 
828 Fifth Avenue Owners Corp.
                                 
79
 
Samuell Self Storage
                                 
80
 
Clark Street Tenants Incorporated
                                 
81
 
61 Irving Place Corporation
                                 
82
 
444 East 87th Street Owners Corp.
                                 
83
 
Longhorn Self Storage
                                 
84
 
40 W. 22nd St. Tenants Cooperative Corp.
                                 
85
 
Cheney Center
   
Uncle Bo’s Hamburgers
 
1,950
 
17.1%
 
11/30/2017
 
EZ Money
 
1,935
 
17.0%
 
8/26/2016
86
 
323 West 83rd Owners Corp.
                                 
87
 
Gibbons Commons Apartments
                                 
88
 
Dollar General - Ocoee
                                 
89
 
Trinity Arms Ltd.
                                 
90
 
Garden Lofts Corp.
                                 
91
 
Merritt Island MHC
                                 
92
 
256 West 21st Owners Corp.
                                 
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                   
Mortgage Loan
Number
 
Property Name
   
4th Largest Tenant
Name(15)(16)(17)(28)
 
4th Largest
Tenant Sq. Ft.(28)
 
4th Largest
Tenant
% of NRA
 
4th Largest Tenant Exp. Date
1
 
Bank of America Plaza
   
Kirkland & Ellis
 
101,756
 
7.1%
 
12/31/2019
2
 
Crossings at Corona
   
Best Buy
 
45,000
 
5.4%
 
1/31/2019
3
 
Columbus Square Portfolio
   
Michael’s
 
34,424
 
7.0%
 
3/31/2020
4
 
DC Metro Mixed Use Portfolio
   
Various
 
Various
 
Various
 
Various
4.01
 
920-928 Rhode Island Avenue
                 
4.02
 
875 N Street
                 
4.03
 
119-125 N. Washington Street
                 
4.04
 
2000 S Street
                 
4.05
 
717 6th Street NW
                 
4.06
 
700 King Street
                 
4.07
 
1330 U Street
                 
4.08
 
100 King Street
                 
4.09
 
301 Pennsylvania Avenue
                 
4.10
 
705 6th Street
                 
4.11
 
3343 Prospect Street
                 
4.12
 
856 Rockville Pike
                 
4.13
 
106 N. Washington Street
                 
4.14
 
438 Massachusetts Avenue
                 
4.15
 
1726 20th Street
                 
5
 
Centennial Center & Two Century Center
   
Various
 
Various
 
Various
 
Various
5.01
 
Centennial Center
   
Metropolitan Life Insurance
 
21,834
 
8.0%
 
1/31/2016
5.02
 
Two Century Tower
   
Benefit Express Services
 
21,295
 
9.6%
 
2/28/2023
6
 
677 Broadway
   
Nixon Peabody, LLP
 
15,358
 
8.7%
 
12/23/2018
7
 
Homewood Suites - New Orleans
                 
8
 
Culver City Office Portfolio
   
PCCP Studio City
 
8,160
 
8.7%
 
12/31/2014
9
 
Slatten Ranch Shopping Center
   
Pier 1 Imports
 
9,998
 
8.5%
 
2/28/2019
10
 
Simi Valley Shopping Center
   
Mission View Public
 
6,150
 
2.8%
 
8/31/2017
11
 
Stratford at Hillcrest
                 
12
 
Marriott Bakersfield
                 
13
 
Pomona Ranch Plaza
                 
14
 
Courtyard by Marriott - Orlando
                 
15
 
The Shops at Starwood
   
Tru Fire Kitchen and Bar
 
3,499
 
6.3%
 
7/17/2018
16
 
The Shops at Pecos Ranch
   
Uncle Bears at Dobso
 
4,855
 
6.2%
 
10/31/2017
17
 
Main Street & South Park
   
Various
 
Various
 
Various
 
Various
17.01
 
South Park
   
Aaron’s Rental
 
8,100
 
7.8%
 
8/31/2018
17.02
 
Main Street
   
Rent A Wheel
 
4,092
 
10.4%
 
8/31/2015
18
 
Schlumberger Office
                 
19
 
All Storage Hwy 66
                 
20
 
Corridors Deer Valley
   
Bechtel Communications
 
18,116
 
11.0%
 
3/31/2015
21
 
BJ’s Wholesale Club - Jacksonville
                 
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
                 
22.01
 
Fairfield Inn - Madison Heights
                 
22.02
 
Holiday Inn Express - Flint
                 
23
 
Gateway Plaza
   
Hancock Fabrics
 
13,500
 
9.8%
 
2/28/2019
24
 
Promenade Merced
   
Strings Italian Restaurant
 
3,044
 
5.4%
 
3/31/2015
25
 
Victory Village
   
Blackman Grove Dental
 
2,800
 
3.9%
 
1/31/2020
26
 
Hampton Inn & Suites Lenox
                 
27
 
East Forest Plaza II
   
US Patriot
 
4,650
 
4.3%
 
9/30/2019
28
 
San Rafael Self Storage
                 
29
 
All Storage Mustang Mini
                 
30
 
Marley Park Plaza
   
Vogue Bistro
 
2,112
 
2.7%
 
9/30/2017
31
 
English Oaks Apartments
                 
32
 
WMA Shadow Portfolio
   
Various
 
Various
 
Various
 
Various
32.01
 
Spring Lake Town Center
   
Shoe Show
 
2,800
 
9.4%
 
4/30/2017
32.02
 
Metro Junction
   
Radio Shack
 
2,700
 
11.3%
 
1/31/2020
32.03
 
Center Stage at Winder
   
Oriental Kitchen
 
1,400
 
9.6%
 
12/31/2014
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                   
Mortgage Loan
Number
 
Property Name
   
4th Largest Tenant
Name(15)(16)(17)(28)
 
4th Largest
Tenant Sq. Ft.(28)
 
4th Largest
Tenant
% of NRA
 
4th Largest Tenant Exp. Date
33
 
Larchmont Village Plaza
   
Starbucks Corporation
 
1,150
 
7.1%
 
12/1/2021
34
 
Jordan Hospital Medical Office
                 
35
 
Shiloh Business Park
   
Hydroponics Co.
 
3,000
 
4.7%
 
9/30/2015
36
 
Temescal Storage Center
                 
37
 
Storage Choice Sugar Land
                 
38
 
Chateau Villa Corp.
                 
39
 
Storage Choice Pearland
                 
40
 
Country Life MHP
                 
41
 
Western Square Shopping Center
   
Super Mercado El Rey
 
8,625
 
11.0%
 
10/31/2015
42
 
La Quinta - Lexington
                 
43
 
Brittany Estates
                 
44
 
All Storage Mustang SC
                 
45
 
StorQuest - Hollywood
                 
46
 
DAK Equities Corp.
                 
47
 
Comfort Suites - Wilmington
                 
48
 
Storage Depot - Regal Row
                 
49
 
Big Bend Storage
                 
50
 
Mark Twain Owners’ Corp.
                 
51
 
Town Lakes Self Storage
                 
52
 
Renaissance Park I
   
Thomas Construction
 
4,730
 
16.0%
 
2/28/2019
53
 
Hidden Meadows, Inc.
                 
54
 
Storage Choice Stafford
                 
55
 
Walgreens - Albuquerque
                 
56
 
Kingsgate Village Apartments
                 
57
 
StorQuest - Kalihi
                 
58
 
Statewide Self Storage
                 
59
 
Storage Depot - Huebner Commons
                 
60
 
Storage Choice Clear Lake
                 
61
 
Saratoga Storage
                 
62
 
Storage Depot - McAllen
                 
63
 
Locust Street Owners Inc.
                 
64
 
Bridge Road Storage
                 
65
 
Midtown Manor Apartments, Ltd.
                 
66
 
Cedar River Estates MHC
                 
67
 
Elmhurst House, Inc.
                 
68
 
270 King Street
                 
69
 
Storage Depot - Highway 77
                 
70
 
130 E. 94th Apartments Corp.
                 
71
 
95 Sedgwick Owners Corp.
                 
72
 
Extra Space Palm Springs
                 
73
 
2640 Marion Avenue Owners, Inc.
                 
74
 
Bedford Square Apartments
                 
75
 
Kentwood MHC
                 
76
 
Shops on Veterans
   
Subway
 
1,716
 
12.0%
 
2/28/2019
77
 
Groff Studios Corp.
                 
78
 
828 Fifth Avenue Owners Corp.
                 
79
 
Samuell Self Storage
                 
80
 
Clark Street Tenants Incorporated
                 
81
 
61 Irving Place Corporation
                 
82
 
444 East 87th Street Owners Corp.
                 
83
 
Longhorn Self Storage
                 
84
 
40 W. 22nd St. Tenants Cooperative Corp.
                 
85
 
Cheney Center
   
Fuji Foot Spa
 
1,300
 
11.4%
 
7/31/2018
86
 
323 West 83rd Owners Corp.
                 
87
 
Gibbons Commons Apartments
                 
88
 
Dollar General - Ocoee
                 
89
 
Trinity Arms Ltd.
                 
90
 
Garden Lofts Corp.
                 
91
 
Merritt Island MHC
                 
92
 
256 West 21st Owners Corp.
                 
 
 
 

 
 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
             
                                                           
Mortgage Loan
Number
 
Property Name
   
5th Largest Tenant Name(16)(17)
 
5th Largest
Tenant Sq. Ft.
 
5th Largest
Tenant
% of NRA
 
5th Largest Tenant
Exp. Date
 
Engineering
Report Date
 
Environmental Report Date (Phase I)
 
Environmental
Report Date
(Phase II)
 
Seismic PML %
 
Seismic
Insurance
Required  (Y/N)
 
Terrorism
Insurance
(Y/N)
 
Loan Purpose
 
Engineering Escrow
/ Deferred
Maintenance ($)
 
Tax Escrow (Initial)
($)
1
 
Bank of America Plaza
   
Alston & Bird
 
81,094
 
5.7%
 
12/31/2023
 
7/7/2014
 
7/7/2014
     
13.0%
 
N
 
Y
 
Refinance
 
0
 
4,151,842
2
 
Crossings at Corona
   
Jerome’s Furniture
 
42,500
 
5.1%
 
10/31/2020
 
8/7/2014
 
8/7/2014
     
13.0%
 
N
 
Y
 
Refinance
 
0
 
2,117,050
3
 
Columbus Square Portfolio
   
HomeGoods
 
27,019
 
5.5%
 
5/31/2021
 
7/15/2014
 
7/15/2014
         
N
 
Y
 
Refinance
 
0
 
249,368
4
 
DC Metro Mixed Use Portfolio
   
Various
 
Various
 
Various
 
Various
 
Various
 
Various
         
N
 
Y
 
Refinance
 
118,188
 
246,626
4.01
 
920-928 Rhode Island Avenue
                   
5/28/2014
 
5/20/2014
 
6/25/2014
     
N
 
Y
           
4.02
 
875 N Street
                   
5/28/2014
 
5/20/2014
         
N
 
Y
           
4.03
 
119-125 N. Washington Street
                   
5/29/2014
 
5/19/2014
         
N
 
Y
           
4.04
 
2000 S Street
                   
5/28/2014
 
5/23/2014
         
N
 
Y
           
4.05
 
717 6th Street NW
                   
6/9/2014
 
6/10/2014
 
6/30/2014
     
N
 
Y
           
4.06
 
700 King Street
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.07
 
1330 U Street
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.08
 
100 King Street
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.09
 
301 Pennsylvania Avenue
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.10
 
705 6th Street
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.11
 
3343 Prospect Street
                   
5/28/2014
 
5/28/2014
 
6/25/2014
     
N
 
Y
           
4.12
 
856 Rockville Pike
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.13
 
106 N. Washington Street
                   
5/28/2014
 
5/28/2014
         
N
 
Y
           
4.14
 
438 Massachusetts Avenue
                   
5/29/2014
 
5/28/2014
         
N
 
Y
           
4.15
 
1726 20th Street
                   
5/28/2014
 
5/27/2014
         
N
 
Y
           
5
 
Centennial Center & Two Century Center
   
Various
 
Various
 
Various
 
Various
 
7/21/2014
 
7/25/2014
         
N
 
Y
 
Refinance
 
49,871
 
891,260
5.01
 
Centennial Center
   
J-Power USA Development
 
13,781
 
5.1%
 
8/31/2017
 
7/21/2014
 
7/25/2014
         
N
 
Y
           
5.02
 
Two Century Tower
   
American Auto Guardian
 
16,191
 
7.3%
 
12/31/2020
 
7/21/2014
 
7/25/2014
         
N
 
Y
           
6
 
677 Broadway
   
677 Prime, LLC
 
13,767
 
7.8%
 
12/31/2021
 
7/17/2014
 
7/18/2014
         
N
 
Y
 
Acquisition
 
0
 
404,967
7
 
Homewood Suites - New Orleans
                   
5/30/2014
 
6/26/2014
         
N
 
Y
 
Refinance
 
0
 
194,336
8
 
Culver City Office Portfolio
   
Fullscreen, Inc
 
5,597
 
6.0%
 
3/31/2015
 
Hayden: 7/21/2014; Ince/Lindblade: 7/15/2014
 
7/17/2014
     
Hayden: 18%; Ince/Lindblade: 18%
 
N
 
Y
 
Refinance
 
0
 
84,169
9
 
Slatten Ranch Shopping Center
   
The Dress Barn
 
7,300
 
6.2%
 
12/31/2018
 
6/13/2014
 
6/13/2014
     
9.0%
 
N
 
Y
 
Refinance
 
0
 
79,980
10
 
Simi Valley Shopping Center
   
Simi Valley Laundry
 
5,985
 
2.7%
 
2/28/2017
 
11/27/2013
 
11/27/2013
     
17.0%
 
N
 
Y
 
Refinance
 
0
 
195,018
11
 
Stratford at Hillcrest
                   
8/6/2014
 
8/6/2014
         
N
 
Y
 
Refinance
 
11,400
 
291,578
12
 
Marriott Bakersfield
                   
7/25/2014
 
7/24/2014
     
10.0%
 
N
 
Y
 
Refinance
 
0
 
90,833
13
 
Pomona Ranch Plaza
                   
8/13/2014
 
9/3/2014
     
13.0%
 
N
 
Y
 
Refinance
 
0
 
162,500
14
 
Courtyard by Marriott - Orlando
                   
6/20/2014
 
6/20/2014
         
N
 
Y
 
Refinance
 
0
 
171,484
15
 
The Shops at Starwood
   
Kotta Sushi Lounge
 
3,102
 
5.6%
 
2/28/2022
 
8/6/2014
 
8/6/2014
         
N
 
Y
 
Refinance
 
0
 
266,319
16
 
The Shops at Pecos Ranch
   
Jack Peterson LLC
 
4,711
 
6.0%
 
3/31/2021
 
8/6/2014
 
8/27/2014
         
N
 
Y
 
Refinance
 
0
 
14,271
17
 
Main Street & South Park
   
Various
 
Various
 
Various
 
Various
 
4/11/2014
 
Various
         
N
 
Y
 
Refinance
 
70,406
 
134,195
17.01
 
South Park
   
Kool Smiles
 
6,400
 
6.1%
 
1/31/2018
 
4/11/2014
 
7/18/2014
         
N
 
Y
           
17.02
 
Main Street
                   
4/11/2014
 
8/18/2014
         
N
 
Y
           
18
 
Schlumberger Office
                   
8/19/2014
 
8/13/2014
         
N
 
Y
 
Acquisition
 
205,221
 
218,594
19
 
All Storage Hwy 66
                   
7/2/2014
 
7/1/2014
         
N
 
Y
 
Refinance
 
8,313
 
64,408
20
 
Corridors Deer Valley
   
Enghouse Interactive (Syntellect)
 
15,396
 
9.4%
 
9/30/2017
 
6/23/2014
 
6/20/2014
         
N
 
Y
 
Acquisition
 
118,716
 
25,933
21
 
BJ’s Wholesale Club - Jacksonville
                   
6/5/2014
 
6/5/2014
         
N
 
Y
 
Acquisition
 
37,000
 
0
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
                   
5/5/2014
 
5/5/2014
         
N
 
Y
 
Refinance
 
0
 
13,307
22.01
 
Fairfield Inn - Madison Heights
                   
5/5/2014
 
5/5/2014
         
N
 
Y
           
22.02
 
Holiday Inn Express - Flint
                   
5/5/2014
 
5/5/2014
         
N
 
Y
           
23
 
Gateway Plaza
   
Sweet Repeats, Ltd.
 
3,000
 
2.2%
 
1/31/2016
 
7/21/2014
 
7/18/2014
         
N
 
Y
 
Acquisition
 
27,750
 
102,293
24
 
Promenade Merced
   
Rabobank
 
2,225
 
4.0%
 
11/30/2016
 
7/1/2014
 
7/1/2014
     
7.0%
 
N
 
Y
 
Refinance
 
0
 
45,558
25
 
Victory Village
   
Goodwill Industries
 
1,500
 
2.1%
 
9/30/2016
 
7/16/2014
 
7/17/2014
         
N
 
Y
 
Refinance
 
0
 
118,535
26
 
Hampton Inn & Suites Lenox
                   
8/4/2014
 
8/1/2014
         
N
 
Y
 
Refinance
 
6,563
 
29,412
27
 
East Forest Plaza II
   
Payless Shoesource
 
3,200
 
2.9%
 
11/30/2019
 
6/5/2014
 
6/5/2014
         
N
 
Y
 
Refinance
 
0
 
213,110
28
 
San Rafael Self Storage
                   
5/22/2014
 
5/21/2014
     
15.0%
 
N
 
Y
 
Refinance
 
0
 
15,636
29
 
All Storage Mustang Mini
                   
7/22/2014
 
7/22/2014
         
N
 
Y
 
Refinance
 
0
 
58,971
30
 
Marley Park Plaza
   
Martineau Family
 
1,937
 
2.5%
 
12/31/2017
 
7/16/2014
 
7/17/2014
         
N
 
Y
 
Acquisition
 
0
 
98,857
31
 
English Oaks Apartments
                   
7/17/2014
 
7/17/2014
         
N
 
Y
 
Refinance
 
104,460
 
0
32
 
WMA Shadow Portfolio
   
Various
 
Various
 
Various
 
Various
 
Various
 
Various
         
N
 
Y
 
Acquisition
 
0
 
63,158
32.01
 
Spring Lake Town Center
   
OneMain Financial
 
2,000
 
6.7%
 
4/30/2017
 
7/21/2014
 
6/30/2014
         
N
 
Y
           
32.02
 
Metro Junction
   
Sally Beauty
 
1,600
 
6.7%
 
12/31/2016
 
7/22/2014
 
7/18/2014
         
N
 
Y
           
32.03
 
Center Stage at Winder
   
Gamestop
 
1,400
 
9.6%
 
6/30/2015
 
7/22/2014
 
4/7/2014
         
N
 
Y
           
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
             
                                                           
Mortgage Loan
Number
 
Property Name
   
5th Largest Tenant Name(16)(17)
 
5th Largest
Tenant Sq. Ft.
 
5th Largest
Tenant
% of NRA
 
5th Largest Tenant
Exp. Date
 
Engineering
Report Date
 
Environmental Report Date (Phase I)
 
Environmental
Report Date
(Phase II)
 
Seismic PML %
 
Seismic
Insurance
Required  (Y/N)
 
Terrorism
Insurance
(Y/N)
 
Loan Purpose
 
Engineering Escrow
/ Deferred
Maintenance ($)
 
Tax Escrow (Initial)
($)
33
 
Larchmont Village Plaza
   
Hans Custom Optik
 
800
 
4.9%
 
4/30/2015
 
7/18/2014
 
7/18/2014
     
16.0%
 
N
 
Y
 
Refinance
 
0
 
0
34
 
Jordan Hospital Medical Office
                   
4/14/2014
 
4/14/2014
         
N
 
Y
 
Acquisition
 
0
 
0
35
 
Shiloh Business Park
   
Ohagin Mfg Inc
 
2,400
 
3.7%
 
1/31/2015
 
8/11/2014
 
8/8/2014
     
10.0%
 
N
 
Y
 
Refinance
 
0
 
18,813
36
 
Temescal Storage Center
                   
3/24/2014
 
7/11/2014
     
8.0%
 
N
 
Y
 
Refinance
 
0
 
0
37
 
Storage Choice Sugar Land
                   
8/13/2014
 
8/12/2014
         
N
 
Y
 
Refinance
 
53,750
 
68,125
38
 
Chateau Villa Corp.
                   
7/17/2014
 
8/28/2014
         
N
 
Y
 
Refinance
 
0
 
0
39
 
Storage Choice Pearland
                   
8/13/2014
 
8/12/2014
         
N
 
Y
 
Refinance
 
0
 
61,126
40
 
Country Life MHP
                   
8/6/2014
 
8/8/2014
     
15.0%
 
N
 
Y
 
Refinance
 
0
 
26,301
41
 
Western Square Shopping Center
   
Rent-A-Center
 
6,900
 
8.8%
 
9/30/2019
 
7/29/2014
 
7/25/2014
         
N
 
Y
 
Refinance
 
0
 
62,490
42
 
La Quinta - Lexington
                   
8/15/2014
 
8/15/2014
         
N
 
Y
 
Refinance
 
0
 
31,970
43
 
Brittany Estates
                   
8/19/2014
 
8/19/2014
         
N
 
Y
 
Acquisition
 
0
 
42,686
44
 
All Storage Mustang SC
                   
7/2/2014
 
7/8/2014
         
N
 
Y
 
Refinance
 
22,188
 
21,753
45
 
StorQuest - Hollywood
                   
6/6/2014
 
6/9/2014
     
13.0%
 
N
 
Y
 
Refinance
 
0
 
22,568
46
 
DAK Equities Corp.
                   
6/30/2014
 
6/23/2014
         
N
 
Y
 
Refinance
 
0
 
0
47
 
Comfort Suites - Wilmington
                   
8/20/2014
 
8/20/2014
         
N
 
Y
 
Refinance
 
2,750
 
9,127
48
 
Storage Depot - Regal Row
                   
6/25/2014
 
6/25/2014
         
N
 
Y
 
Refinance
 
0
 
26,572
49
 
Big Bend Storage
                   
7/23/2014
 
7/22/2014
         
N
 
Y
 
Acquisition
 
0
 
44,639
50
 
Mark Twain Owners’ Corp.
                   
6/19/2014
 
6/20/2014
         
N
 
Y
 
Refinance
 
0
 
0
51
 
Town Lakes Self Storage
                   
7/23/2014
 
7/23/2014
         
N
 
Y
 
Acquisition
 
0
 
26,960
52
 
Renaissance Park I
   
Premium Image Group
 
1,345
 
4.6%
 
2/28/2015
 
5/23/2014
 
5/23/2014
         
N
 
Y
 
Refinance
 
0
 
27,720
53
 
Hidden Meadows, Inc.
                   
6/19/2014
 
6/19/2014
         
N
 
Y
 
Refinance
 
0
 
128,314
54
 
Storage Choice Stafford
                   
8/12/2014
 
8/11/2014
         
N
 
Y
 
Refinance
 
0
 
91,404
55
 
Walgreens - Albuquerque
                   
4/23/2014
 
4/23/2014
         
N
 
N
 
Refinance
 
0
 
0
56
 
Kingsgate Village Apartments
                   
7/3/2014
 
7/2/2014
         
N
 
Y
 
Acquisition
 
0
 
11,668
57
 
StorQuest - Kalihi
                   
6/10/2014
 
6/10/2014
         
N
 
Y
 
Refinance
 
0
 
2,812
58
 
Statewide Self Storage
                   
7/7/2014
 
7/7/2014
     
9.0%
 
N
 
Y
 
Refinance
 
0
 
20,432
59
 
Storage Depot - Huebner Commons
                   
6/25/2014
 
6/25/2014
         
N
 
Y
 
Refinance
 
0
 
37,488
60
 
Storage Choice Clear Lake
                   
8/12/2014
 
8/11/2014
         
N
 
Y
 
Refinance
 
0
 
75,847
61
 
Saratoga Storage
                   
4/7/2014
 
4/7/2014
     
12.0%
 
N
 
Y
 
Refinance
 
0
 
42,999
62
 
Storage Depot - McAllen
                   
6/25/2014
 
6/25/2014
         
N
 
Y
 
Refinance
 
0
 
20,328
63
 
Locust Street Owners Inc.
                   
6/3/2014
 
6/3/2014
         
N
 
Y
 
Refinance
 
0
 
51,301
64
 
Bridge Road Storage
                   
7/22/2014
 
7/23/2014
         
N
 
Y
 
Acquisition
 
0
 
28,321
65
 
Midtown Manor Apartments, Ltd.
                   
7/2/2014
 
7/2/2014
         
N
 
Y
 
Refinance
 
0
 
42,417
66
 
Cedar River Estates MHC
                   
7/3/2014
 
7/2/2014
         
N
 
Y
 
Refinance
 
0
 
10,485
67
 
Elmhurst House, Inc.
                   
6/2/2014
 
6/2/2014
         
N
 
Y
 
Refinance
 
0
 
0
68
 
270 King Street
                   
7/24/2014
 
8/13/2014
         
N
 
Y
 
Refinance
 
0
 
26,973
69
 
Storage Depot - Highway 77
                   
6/25/2014
 
6/25/2014
         
N
 
Y
 
Refinance
 
0
 
16,352
70
 
130 E. 94th Apartments Corp.
                   
7/14/2014
 
7/8/2014
         
N
 
Y
 
Refinance
 
0
 
0
71
 
95 Sedgwick Owners Corp.
                   
7/14/2014
 
7/15/2014
         
N
 
Y
 
Refinance
 
0
 
0
72
 
Extra Space Palm Springs
                   
8/4/2014
 
8/4/2014
     
15.0%
 
N
 
Y
 
Refinance
 
0
 
0
73
 
2640 Marion Avenue Owners, Inc.
                   
8/5/2014
 
8/5/2014
         
N
 
Y
 
Refinance
 
0
 
11,667
74
 
Bedford Square Apartments
                   
6/20/2014
 
6/20/2014
         
N
 
Y
 
Refinance
 
16,063
 
6,980
75
 
Kentwood MHC
                   
7/9/2014
 
7/9/2014
         
N
 
Y
 
Refinance
 
0
 
7,746
76
 
Shops on Veterans
   
GameStop
 
1,666
 
11.6%
 
1/31/2019
 
6/30/2014
 
6/30/2014
         
N
 
Y
 
Refinance
 
13,750
 
36,520
77
 
Groff Studios Corp.
                   
6/16/2014
 
6/13/2014
         
N
 
Y
 
Refinance
 
0
 
0
78
 
828 Fifth Avenue Owners Corp.
                   
7/28/2014
 
7/28/2014
         
N
 
Y
 
Refinance
 
0
 
0
79
 
Samuell Self Storage
                   
7/28/2014
 
7/28/2014
         
N
 
Y
 
Refinance
 
91,250
 
30,025
80
 
Clark Street Tenants Incorporated
                   
8/13/2014
 
8/12/2014
         
N
 
Y
 
Refinance
 
0
 
14,132
81
 
61 Irving Place Corporation
                   
7/2/2014
 
7/2/2014
         
N
 
Y
 
Refinance
 
0
 
0
82
 
444 East 87th Street Owners Corp.
                   
8/4/2014
 
8/1/2014
         
N
 
Y
 
Refinance
 
0
 
0
83
 
Longhorn Self Storage
                   
7/30/2014
 
7/30/2014
         
N
 
Y
 
Refinance
 
0
 
35,440
84
 
40 W. 22nd St. Tenants Cooperative Corp.
                   
6/18/2014
 
6/18/2014
         
N
 
Y
 
Refinance
 
0
 
0
85
 
Cheney Center
   
Habaneros
 
1,120
 
9.8%
 
3/31/2019
 
7/16/2014
 
7/14/2014
         
N
 
Y
 
Refinance
 
0
 
45,166
86
 
323 West 83rd Owners Corp.
                   
7/30/2014
 
7/30/2014
         
N
 
Y
 
Refinance
 
0
 
13,333
87
 
Gibbons Commons Apartments
                   
8/4/2014
 
7/9/2014
         
N
 
Y
 
Refinance
 
43,125
 
20,496
88
 
Dollar General - Ocoee
                   
3/31/2014
 
2/19/2014
         
N
 
Y
 
Acquisition
 
0
 
0
89
 
Trinity Arms Ltd.
                   
6/26/2014
 
6/26/2014
         
N
 
Y
 
Refinance
 
0
 
0
90
 
Garden Lofts Corp.
                   
7/28/2014
 
7/28/2014
         
N
 
Y
 
Refinance
 
0
 
0
91
 
Merritt Island MHC
                   
7/16/2014
 
7/15/2014
         
N
 
Y
 
Acquisition
 
0
 
23,595
92
 
256 West 21st Owners Corp.
                   
6/4/2014
 
6/4/2014
         
N
 
Y
 
Refinance
 
0
 
0
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                               
Mortgage Loan
Number
 
Property Name
   
Monthly Tax
Escrow ($)
 
Tax Escrow - Cash
or LoC
 
Tax Escrow - LoC
Counterparty
 
Insurance Escrow
(Initial) ($)
 
Monthly
Insurance
Escrow ($)
 
Insurance
Escrow - Cash
or LoC
 
Insurance
Escrow - LoC
Counterparty
1
 
Bank of America Plaza
   
518,981
 
Cash
     
0
 
Springing
       
2
 
Crossings at Corona
   
229,672
 
Cash
     
0
 
Springing
       
3
 
Columbus Square Portfolio
   
77,575
 
Cash
     
0
 
Springing
       
4
 
DC Metro Mixed Use Portfolio
   
49,325
 
Cash
     
5,513
 
Springing
 
Cash
   
4.01
 
920-928 Rhode Island Avenue
                             
4.02
 
875 N Street
                             
4.03
 
119-125 N. Washington Street
                             
4.04
 
2000 S Street
                             
4.05
 
717 6th Street NW
                             
4.06
 
700 King Street
                             
4.07
 
1330 U Street
                             
4.08
 
100 King Street
                             
4.09
 
301 Pennsylvania Avenue
                             
4.10
 
705 6th Street
                             
4.11
 
3343 Prospect Street
                             
4.12
 
856 Rockville Pike
                             
4.13
 
106 N. Washington Street
                             
4.14
 
438 Massachusetts Avenue
                             
4.15
 
1726 20th Street
                             
5
 
Centennial Center & Two Century Center
   
222,815
 
Cash
     
110,351
 
7,882
 
Cash
   
5.01
 
Centennial Center
                             
5.02
 
Two Century Tower
                             
6
 
677 Broadway
   
50,268
 
Cash
     
15,519
 
5,173
 
Cash
   
7
 
Homewood Suites - New Orleans
   
27,763
 
Cash
     
0
 
Springing
       
8
 
Culver City Office Portfolio
   
14,028
 
Cash
     
0
 
Springing
       
9
 
Slatten Ranch Shopping Center
   
26,660
 
Cash
     
0
 
Springing
       
10
 
Simi Valley Shopping Center
   
24,377
 
Cash
     
35,656
 
3,962
 
Cash
   
11
 
Stratford at Hillcrest
   
26,507
 
Cash
     
32,136
 
4,591
 
Cash
   
12
 
Marriott Bakersfield
   
18,167
 
Cash
     
53,209
 
6,651
 
Cash
   
13
 
Pomona Ranch Plaza
   
27,083
 
Cash
     
10,484
 
1,311
 
Cash
   
14
 
Courtyard by Marriott - Orlando
   
19,054
 
Cash
     
0
 
Springing
       
15
 
The Shops at Starwood
   
29,591
 
Cash
     
0
 
Springing
       
16
 
The Shops at Pecos Ranch
   
14,271
 
Cash
     
0
 
Springing
       
17
 
Main Street & South Park
   
12,200
 
Cash
     
76,861
 
8,540
 
Cash
   
17.01
 
South Park
                             
17.02
 
Main Street
                             
18
 
Schlumberger Office
   
21,859
 
Cash
     
26,182
 
6,546
 
Cash
   
19
 
All Storage Hwy 66
   
6,441
 
Cash
     
8,286
 
1,381
 
Cash
   
20
 
Corridors Deer Valley
   
25,933
 
Cash
     
0
 
Springing
       
21
 
BJ’s Wholesale Club - Jacksonville
   
Springing
         
6,784
 
3,391
 
Cash
   
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison
   
13,307
 
Cash
     
5,851
 
Springing
 
Cash
   
22.01
 
Fairfield Inn - Madison Heights
                             
22.02
 
Holiday Inn Express - Flint
                             
23
 
Gateway Plaza
   
19,528
 
Cash
     
0
 
Springing
       
24
 
Promenade Merced
   
7,593
 
Cash
     
0
 
Springing
       
25
 
Victory Village
   
10,776; Springing
 
Cash
     
0
 
Springing
       
26
 
Hampton Inn & Suites Lenox
   
5,882
 
Cash
     
25,131
 
3,141
 
Cash
   
27
 
East Forest Plaza II
   
23,679
 
Cash
     
7,166
 
2,389
 
Cash
   
28
 
San Rafael Self Storage
   
3,909
 
Cash
     
0
 
Springing
       
29
 
All Storage Mustang Mini
   
5,897
 
Cash
     
9,543
 
1,590
 
Cash
   
30
 
Marley Park Plaza
   
19,775
 
Cash
     
1,900
 
950
 
Cash
   
31
 
English Oaks Apartments
   
11,379
 
Cash
     
71,672
 
4,485
 
LOC
   
32
 
WMA Shadow Portfolio
   
8,175
 
Cash
     
0
 
Springing
       
32.01
 
Spring Lake Town Center
                             
32.02
 
Metro Junction
                             
32.03
 
Center Stage at Winder
                             
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                               
Mortgage Loan
Number
 
Property Name
   
Monthly Tax
Escrow ($)
 
Tax Escrow - Cash
or LoC
 
Tax Escrow - LoC
Counterparty
 
Insurance Escrow
(Initial) ($)
 
Monthly
Insurance
Escrow ($)
 
Insurance
Escrow - Cash
or LoC
 
Insurance
Escrow - LoC
Counterparty
33
 
Larchmont Village Plaza
   
0
         
0
 
0
       
34
 
Jordan Hospital Medical Office
   
Springing
         
0
 
Springing
       
35
 
Shiloh Business Park
   
4,703
 
Cash
     
2,809
 
1,404
 
Cash
   
36
 
Temescal Storage Center
   
Springing
         
0
 
Springing
       
37
 
Storage Choice Sugar Land
   
6,813
 
Cash
     
11,549
 
2,887
 
Cash
   
38
 
Chateau Villa Corp.
   
Springing
         
0
 
Springing
       
39
 
Storage Choice Pearland
   
6,113
 
Cash
     
10,578
 
2,644
 
Cash
   
40
 
Country Life MHP
   
4,384
 
Cash
     
10,735
 
1,534
 
Cash
   
41
 
Western Square Shopping Center
   
6,943
 
Cash
     
15,110
 
1,374
 
Cash
   
42
 
La Quinta - Lexington
   
2,459
 
Cash
     
3,732
 
Springing
 
Cash
   
43
 
Brittany Estates
   
3,881
 
Cash
     
17,400
 
1,740
 
Cash
   
44
 
All Storage Mustang SC
   
2,175
 
Cash
     
9,647
 
1,608
 
Cash
   
45
 
StorQuest - Hollywood
   
5,642
 
Cash
     
0
 
Springing
       
46
 
DAK Equities Corp.
   
Springing
         
0
 
Springing
       
47
 
Comfort Suites - Wilmington
   
3,042
 
Cash
     
8,229
 
2,743
 
Cash
   
48
 
Storage Depot - Regal Row
   
3,345
 
Cash
     
0
 
Springing
       
49
 
Big Bend Storage
   
3,720
 
Cash
     
5,082
 
1,694
 
Cash
   
50
 
Mark Twain Owners’ Corp.
   
Springing
         
0
 
Springing
       
51
 
Town Lakes Self Storage
   
2,247
 
Cash
     
4,467
 
1,489
 
Cash
   
52
 
Renaissance Park I
   
3,465
 
Cash
     
0
 
981
 
Cash
   
53
 
Hidden Meadows, Inc.
   
21,386
 
Cash
     
0
 
Springing
       
54
 
Storage Choice Stafford
   
9,140
 
Cash
     
10,018
 
2,504
 
Cash
   
55
 
Walgreens - Albuquerque
   
Springing
         
0
 
Springing
       
56
 
Kingsgate Village Apartments
   
5,834
 
Cash
     
0
 
1,339
 
Cash
   
57
 
StorQuest - Kalihi
   
2,812
 
Cash
     
6,102
 
1,017
 
Cash
   
58
 
Statewide Self Storage
   
5,108
 
Cash
     
876
 
876
 
Cash
   
59
 
Storage Depot - Huebner Commons
   
4,686
 
Cash
     
0
 
Springing
       
60
 
Storage Choice Clear Lake
   
7,585
 
Cash
     
7,108
 
1,777
 
Cash
   
61
 
Saratoga Storage
   
3,909
 
Cash
     
3,093
 
344
 
Cash
   
62
 
Storage Depot - McAllen
   
2,541
 
Cash
     
0
 
Springing
       
63
 
Locust Street Owners Inc.
   
15,344
 
Cash
     
0
 
Springing
       
64
 
Bridge Road Storage
   
2,360
 
Cash
     
2,541
 
847
 
Cash
   
65
 
Midtown Manor Apartments, Ltd.
   
42,417
 
Cash
     
0
 
Springing
       
66
 
Cedar River Estates MHC
   
3,495
 
Cash
     
3,280
 
364
 
Cash
   
67
 
Elmhurst House, Inc.
   
Springing
         
0
 
Springing
       
68
 
270 King Street
   
2,997
 
Cash
     
1,949
 
1,949
 
Cash
   
69
 
Storage Depot - Highway 77
   
2,044
 
Cash
     
0
 
Springing
       
70
 
130 E. 94th Apartments Corp.
   
Springing
         
0
 
Springing
       
71
 
95 Sedgwick Owners Corp.
   
Springing
         
0
 
Springing
       
72
 
Extra Space Palm Springs
   
Springing
         
0
 
Springing
       
73
 
2640 Marion Avenue Owners, Inc.
   
11,667
 
Cash
     
0
 
Springing
       
74
 
Bedford Square Apartments
   
3,490
 
Cash
     
0
 
Springing
       
75
 
Kentwood MHC
   
2,582
 
Cash
     
2,470
 
274
 
Cash
   
76
 
Shops on Veterans
   
3,320
 
Cash
     
14,073
 
1,564
 
Cash
   
77
 
Groff Studios Corp.
   
Springing
         
0
 
Springing
       
78
 
828 Fifth Avenue Owners Corp.
   
Springing
         
0
 
Springing
       
79
 
Samuell Self Storage
   
3,336
 
Cash
     
7,357
 
736
 
Cash
   
80
 
Clark Street Tenants Incorporated
   
14,132
 
Cash
     
0
 
Springing
       
81
 
61 Irving Place Corporation
   
Springing
         
0
 
Springing
       
82
 
444 East 87th Street Owners Corp.
   
Springing
         
0
 
Springing
       
83
 
Longhorn Self Storage
   
3,544
 
Cash
     
13,236
 
2,059
 
Cash
   
84
 
40 W. 22nd St. Tenants Cooperative Corp.
   
Springing
         
0
 
Springing
       
85
 
Cheney Center
   
4,517
 
Cash
     
5,301
 
442
 
Cash
   
86
 
323 West 83rd Owners Corp.
   
13,333
 
Cash
     
0
 
Springing
       
87
 
Gibbons Commons Apartments
   
5,377
 
Cash
     
0
 
4,008
 
Cash
   
88
 
Dollar General - Ocoee
   
Springing
         
0
 
Springing
       
89
 
Trinity Arms Ltd.
   
Springing
         
0
 
Springing
       
90
 
Garden Lofts Corp.
   
Springing
         
0
 
Springing
       
91
 
Merritt Island MHC
   
2,145
 
Cash
     
825
 
825
 
Cash
   
92
 
256 West 21st Owners Corp.
   
Springing
         
0
 
Springing
       
 
 
 

 
 

WFRBS Commercial Mortgage Trust 2014-C23
   
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
 
                                                     
Mortgage Loan
Number
 
Property Name
 
Upfront
Replacement
Reserve ($)
 
Monthly Replacement Reserve ($)(18)
 
Replacement
Reserve Cap ($)
 
Replacement
Reserve Escrow -
Cash or LoC
 
Replacement
Reserve Escrow -
LoC Counterparty
 
Upfront TI/LC Reserve ($)
 
Monthly TI/LC Reserve
($)(19)
 
TI/LC Reserve Cap
($)
 
TI/LC Escrow -
Cash or LoC
 
TI/LC Escrow -
LoC Counterparty
 
Debt Service
Escrow (Initial)
($)
 
Debt Service
Escrow (Monthly)
($)
1
 
Bank of America Plaza
 
0
 
23,871
 
0
 
Cash
     
0
 
Springing
 
0
         
0
 
0
2
 
Crossings at Corona
 
0
 
15,291
 
0
 
Cash
     
0
 
69,506
 
850,000
 
Cash
     
0
 
0
3
 
Columbus Square Portfolio
 
6,177
 
6,177
 
148,267
 
Cash
     
0
 
Springing
 
0
         
0
 
0
4
 
DC Metro Mixed Use Portfolio
 
3,294
 
3,294
 
0
 
Cash
     
3,539,451
 
13,836
 
0
 
Cash
     
0
 
0
4.01
 
920-928 Rhode Island Avenue
                                               
4.02
 
875 N Street
                                               
4.03
 
119-125 N. Washington Street
                                               
4.04
 
2000 S Street
                                               
4.05
 
717 6th Street NW
                                               
4.06
 
700 King Street
                                               
4.07
 
1330 U Street
                                               
4.08
 
100 King Street
                                               
4.09
 
301 Pennsylvania Avenue
                                               
4.10
 
705 6th Street
                                               
4.11
 
3343 Prospect Street
                                               
4.12
 
856 Rockville Pike
                                               
4.13
 
106 N. Washington Street
                                               
4.14
 
438 Massachusetts Avenue
                                               
4.15
 
1726 20th Street
                                               
5
 
Centennial Center & Two Century Center
 
6,170
 
6,170
 
222,042
 
Cash
     
41,000
 
41,000
 
1,000,000
 
Cash
     
0
 
0
5.01
 
Centennial Center
                                               
5.02
 
Two Century Tower
                                               
6
 
677 Broadway
 
0
 
3,688
 
0
 
Cash
     
345,000
 
14,753
 
885,195
 
Cash
     
0
 
0
7
 
Homewood Suites - New Orleans
 
0
 
26,934
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
8
 
Culver City Office Portfolio
 
0
 
1,566; Springing
 
37,590
 
Cash
     
500,000
 
11,747
 
500,000
 
Cash
     
0
 
0
9
 
Slatten Ranch Shopping Center
 
0
 
3,569
 
0
 
Cash
     
0
 
Springing
 
0
         
0
 
0
10
 
Simi Valley Shopping Center
 
0
 
Springing
 
0
         
0
 
Springing
 
0
         
0
 
0
11
 
Stratford at Hillcrest
 
0
 
7,560
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
12
 
Marriott Bakersfield
 
0
 
37,259
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
13
 
Pomona Ranch Plaza
 
1,667
 
1,667
 
60,000
 
Cash
     
500,000
 
12,500
 
0
 
Cash
     
0
 
0
14
 
Courtyard by Marriott - Orlando
 
0
 
24,060
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
15
 
The Shops at Starwood
 
0
 
923; Springing
 
33,231
 
Cash
     
0
 
4,615; Springing
 
232,000
 
Cash
     
0
 
0
16
 
The Shops at Pecos Ranch
 
0
 
1,313; Springing
 
47,259
 
Cash
     
0
 
6,564; Springing
 
330,000
 
Cash
     
0
 
0
17
 
Main Street & South Park
 
0
 
1,797
 
0
 
Cash
     
0
 
10,417
 
875,000
 
Cash
     
0
 
0
17.01
 
South Park
                                               
17.02
 
Main Street
                                               
18
 
Schlumberger Office
 
0
 
3,006
 
0
 
Cash
     
0
 
11,571
 
0
 
Cash
     
0
 
0
19
 
All Storage Hwy 66
 
0
 
2,322
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
20
 
Corridors Deer Valley
 
131,284
 
2,740
 
0
 
Cash
     
1,000,000
 
13,701
 
500,000
 
Cash
     
0
 
0
21
 
BJs Wholesale Club - Jacksonville
 
1,993
 
1,993
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
 
0
 
13,917
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
22.01
 
Fairfield Inn - Madison Heights
                                               
22.02
 
Holiday Inn Express - Flint
                                               
23
 
Gateway Plaza
 
0
 
2,282
 
0
 
Cash
     
0
 
6,250
 
375,000
 
Cash
     
0
 
0
24
 
Promenade Merced
 
0
 
3,257; Springing
 
238,000
 
Cash
     
0
 
6,138
 
220,957
 
Cash
     
0
 
0
25
 
Victory Village
 
0
 
891
 
0
 
Cash
     
0
 
2,674; Springing
 
105,000
 
Cash
     
0
 
0
26
 
Hampton Inn & Suites Lenox
 
11,377
 
11,377
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
27
 
East Forest Plaza II
 
0
 
1,545
 
0
 
Cash
     
0
 
4,583
 
0
 
Cash
     
0
 
0
28
 
San Rafael Self Storage
 
0
 
604
 
14,500
 
Cash
     
0
 
0
 
0
         
0
 
0
29
 
All Storage Mustang Mini
 
0
 
1,994
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
30
 
Marley Park Plaza
 
0
 
1,292; Springing
 
31,008
 
Cash
     
0
 
12,924; Springing
 
310,176
 
Cash
     
0
 
0
31
 
English Oaks Apartments
 
0
 
5,742
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
32
 
WMA Shadow Portfolio
 
0
 
1,140
 
0
 
Cash
     
25,000
 
2,849; Springing
 
150,000
 
Cash
     
0
 
0
32.01
 
Spring Lake Town Center
                                               
32.02
 
Metro Junction
                                               
32.03
 
Center Stage at Winder
                                               
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
     
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
     
                                                     
Mortgage Loan
Number
 
Property Name
 
Upfront Replacement Reserve ($)
 
Monthly Replacement Reserve ($)(18)
 
Replacement
Reserve Cap ($)
 
Replacement
Reserve Escrow -
Cash or LoC
 
Replacement
Reserve Escrow -
LoC Counterparty
 
Upfront TI/LC Reserve ($)
 
Monthly TI/LC Reserve
($)(19)
 
TI/LC Reserve Cap
($)
 
TI/LC Escrow -
Cash or LoC
 
TI/LC Escrow -
LoC Counterparty
 
Debt Service
Escrow (Initial)
($)
 
Debt Service
Escrow (Monthly)
($)
33
 
Larchmont Village Plaza
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
34
 
Jordan Hospital Medical Office
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
35
 
Shiloh Business Park
 
0
 
812
 
29,000
 
Cash
     
0
 
1,896
 
67,200
 
Cash
     
0
 
0
36
 
Temescal Storage Center
 
0
 
Springing
 
0
         
0
 
0
 
0
         
0
 
0
37
 
Storage Choice Sugar Land
 
773
 
773
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
38
 
Chateau Villa Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
39
 
Storage Choice Pearland
 
940
 
940
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
40
 
Country Life MHP
 
1,279
 
1,279
 
46,050
 
Cash
     
0
 
0
 
0
         
0
 
0
41
 
Western Square Shopping Center
 
0
 
977
 
0
 
Cash
     
28,500
 
Springing
 
200,000
 
Cash
     
0
 
0
42
 
La Quinta - Lexington
 
0
 
Springing
 
0
         
0
 
0
 
0
         
0
 
0
43
 
Brittany Estates
 
0
 
713
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
44
 
All Storage Mustang SC
 
0
 
1,501
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
45
 
StorQuest - Hollywood
 
0
 
297
 
10,000
 
Cash
     
0
 
0
 
0
         
0
 
0
46
 
DAK Equities Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
47
 
Comfort Suites - Wilmington
 
0
 
4,376
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
48
 
Storage Depot - Regal Row
 
0
 
757
 
25,000
 
Cash
     
0
 
0
 
0
         
0
 
0
49
 
Big Bend Storage
 
860
 
860
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
50
 
Mark Twain Owners’ Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
51
 
Town Lakes Self Storage
 
780
 
780
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
52
 
Renaissance Park I
 
0
 
590
 
21,231
 
Cash
     
0
 
3,040
 
109,458
 
Cash
     
0
 
0
53
 
Hidden Meadows, Inc.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
54
 
Storage Choice Stafford
 
822
 
822
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
55
 
Walgreens - Albuquerque
 
0
 
Springing
 
0
         
0
 
Springing
 
0
         
0
 
0
56
 
Kingsgate Village Apartments
 
0
 
1,752
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
57
 
StorQuest - Kalihi
 
0
 
186
 
10,000
 
Cash
     
0
 
0
 
0
         
0
 
0
58
 
Statewide Self Storage
 
0
 
727
 
26,145
 
Cash
     
0
 
0
 
0
         
0
 
0
59
 
Storage Depot - Huebner Commons
 
0
 
655
 
15,000
 
Cash
     
0
 
0
 
0
         
0
 
0
60
 
Storage Choice Clear Lake
 
749
 
749
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
61
 
Saratoga Storage
 
0
 
544
 
30,000
 
Cash
     
0
 
0
 
0
         
0
 
0
62
 
Storage Depot - McAllen
 
0
 
541
 
15,000
 
Cash
     
0
 
0
 
0
         
0
 
0
63
 
Locust Street Owners Inc.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
64
 
Bridge Road Storage
 
540
 
540
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
65
 
Midtown Manor Apartments, Ltd.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
66
 
Cedar River Estates MHC
 
0
 
496
 
30,000
 
Cash
     
0
 
0
 
0
         
0
 
0
67
 
Elmhurst House, Inc.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
68
 
270 King Street
 
0
 
125
 
0
 
Cash
     
50,000
 
1,076; Springing
 
125,000
 
Cash
     
0
 
0
69
 
Storage Depot - Highway 77
 
0
 
541
 
15,000
 
Cash
     
0
 
0
 
0
         
0
 
0
70
 
130 E. 94th Apartments Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
71
 
95 Sedgwick Owners Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
72
 
Extra Space Palm Springs
 
0
 
Springing
 
0
         
0
 
0
 
0
         
0
 
0
73
 
2640 Marion Avenue Owners, Inc.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
74
 
Bedford Square Apartments
 
0
 
1,092
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
75
 
Kentwood MHC
 
0
 
788
 
0
 
Cash
     
0
 
0
 
0
         
0
 
0
76
 
Shops on Veterans
 
0
 
239
 
10,000
 
Cash
     
120,000
 
1,790
 
150,000
 
Cash
     
0
 
0
77
 
Groff Studios Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
78
 
828 Fifth Avenue Owners Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
79
 
Samuell Self Storage
 
0
 
1,289
 
30,000
 
Cash
     
0
 
0
 
0
         
0
 
0
80
 
Clark Street Tenants Incorporated
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
81
 
61 Irving Place Corporation
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
82
 
444 East 87th Street Owners Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
83
 
Longhorn Self Storage
 
0
 
614
 
20,000
 
Cash
     
0
 
0
 
0
         
0
 
0
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
85
 
Cheney Center
 
142
 
142
 
0
 
Cash
     
1,386
 
1,386
 
0
 
Cash
     
0
 
0
86
 
323 West 83rd Owners Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
87
 
Gibbons Commons Apartments
 
50,000
 
2,085
 
50,000
 
Cash
     
0
 
0
 
0
         
0
 
0
88
 
Dollar General - Ocoee
 
0
 
Springing
 
0
         
0
 
0
 
0
         
0
 
0
89
 
Trinity Arms Ltd.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
90
 
Garden Lofts Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
91
 
Merritt Island MHC
 
0
 
308; Springing
 
10,000
 
Cash
     
0
 
0
 
0
         
0
 
0
92
 
256 West 21st Owners Corp.
 
0
 
0
 
0
         
0
 
0
 
0
         
0
 
0
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
           
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
   
                         
Mortgage Loan
Number
 
Property Name
 
Debt Service
Escrow - Cash
or LoC
 
Debt Service
Escrow - LoC
Counterparty
 
Other Escrow I Reserve Description
 
Other Escrow I
(Initial) ($)(16)
 
Other Escrow I
(Monthly) ($)(20)
1
 
Bank of America Plaza
         
Tenant Specific TILC Reserve
 
2,991,870
 
0
2
 
Crossings at Corona
         
Sports Authority / Tilly’s TILC Reserve
 
Sports Authority - $172,830 / Tenant Specific TILC - $75,000
 
0
3
 
Columbus Square Portfolio
             
0
 
0
4
 
DC Metro Mixed Use Portfolio
         
Free Rent Reserve
 
934,922
 
0
4.01
 
920-928 Rhode Island Avenue
                   
4.02
 
875 N Street
                   
4.03
 
119-125 N. Washington Street
                   
4.04
 
2000 S Street
                   
4.05
 
717 6th Street NW
                   
4.06
 
700 King Street
                   
4.07
 
1330 U Street
                   
4.08
 
100 King Street
                   
4.09
 
301 Pennsylvania Avenue
                   
4.10
 
705 6th Street
                   
4.11
 
3343 Prospect Street
                   
4.12
 
856 Rockville Pike
                   
4.13
 
106 N. Washington Street
                   
4.14
 
438 Massachusetts Avenue
                   
4.15
 
1726 20th Street
                   
5
 
Centennial Center & Two Century Center
         
Tenant Specific TI Reserve
 
1,648,889
 
0
5.01
 
Centennial Center
                   
5.02
 
Two Century Tower
                   
6
 
677 Broadway
             
0
 
0
7
 
Homewood Suites - New Orleans
         
PIP Reserve
 
1,341,000
 
Springing
8
 
Culver City Office Portfolio
         
Rent Concession Reserve
 
126,027
 
0
9
 
Slatten Ranch Shopping Center
             
0
 
0
10
 
Simi Valley Shopping Center
             
0
 
0
11
 
Stratford at Hillcrest
             
0
 
0
12
 
Marriott Bakersfield
             
0
 
0
13
 
Pomona Ranch Plaza
             
0
 
0
14
 
Courtyard by Marriott - Orlando
         
Seasonality Reserve
 
46,189
 
11,547
15
 
The Shops at Starwood
         
Rent Concession Reserve
 
50,094
 
0
16
 
The Shops at Pecos Ranch
         
The Crowded House Reserve
 
156,000
 
0
17
 
Main Street & South Park
         
Machado Jujitsu Reserve
 
11,789
 
0
17.01
 
South Park
                   
17.02
 
Main Street
                   
18
 
Schlumberger Office
             
0
 
0
19
 
All Storage Hwy 66
             
0
 
0
20
 
Corridors Deer Valley
         
Arizona TILC/Free Rent Reserve
 
695,901
 
0
21
 
BJ’s Wholesale Club - Jacksonville
             
0
 
0
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
         
PIP Reserve
 
1,200,000
 
10,438
22.01
 
Fairfield Inn - Madison Heights
                   
22.02
 
Holiday Inn Express - Flint
                   
23
 
Gateway Plaza
         
Rent Concession Reserve
 
80,000
 
0
24
 
Promenade Merced
         
UC Merced TILC Reserve
 
10,000
 
0
25
 
Victory Village
         
Cinco De Mayo Reserve
 
300,000
 
0
26
 
Hampton Inn & Suites Lenox
         
Seasonality Reserve
 
240,000
 
0
27
 
East Forest Plaza II
             
0
 
0
28
 
San Rafael Self Storage
             
0
 
0
29
 
All Storage Mustang Mini
             
0
 
0
30
 
Marley Park Plaza
         
Rent Concession / Tenant Specific TILC Reserve
 
Rent Concession - $787,392 / Tenant Specific TILC - $8,268
 
0
31
 
English Oaks Apartments
             
0
 
0
32
 
WMA Shadow Portfolio
             
0
 
0
32.01
 
Spring Lake Town Center
                   
32.02
 
Metro Junction
                   
32.03
 
Center Stage at Winder
                   
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                       
Mortgage Loan
Number
 
Property Name
 
Debt Service
Escrow - Cash
or LoC
 
Debt Service Escrow - LoC Counterparty
 
Other Escrow I Reserve Description
 
Other Escrow I
(Initial) ($)(16)
 
Other Escrow I
(Monthly) ($)(20)
33
 
Larchmont Village Plaza
             
0
 
0
34
 
Jordan Hospital Medical Office
         
Ground lessor Assumption Reserve
 
25,000
 
0
35
 
Shiloh Business Park
             
0
 
0
36
 
Temescal Storage Center
             
0
 
0
37
 
Storage Choice Sugar Land
             
0
 
0
38
 
Chateau Villa Corp.
         
Collateral Security Agreement for Environmental Work
 
31,250
 
0
39
 
Storage Choice Pearland
             
0
 
0
40
 
Country Life MHP
             
0
 
0
41
 
Western Square Shopping Center
         
American Deli/Nail Salon Rent Reserve
 
9,600
 
0
42
 
La Quinta - Lexington
             
0
 
0
43
 
Brittany Estates
             
0
 
0
44
 
All Storage Mustang SC
             
0
 
0
45
 
StorQuest - Hollywood
             
0
 
0
46
 
DAK Equities Corp.
             
0
 
0
47
 
Comfort Suites - Wilmington
         
Seasonality
 
85,000
 
0
48
 
Storage Depot - Regal Row
             
0
 
0
49
 
Big Bend Storage
             
0
 
0
50
 
Mark Twain Owners’ Corp.
             
0
 
0
51
 
Town Lakes Self Storage
             
0
 
0
52
 
Renaissance Park I
             
0
 
0
53
 
Hidden Meadows, Inc.
         
Collateral Security Agreement for Capital Improvements
 
400,000
 
0
54
 
Storage Choice Stafford
             
0
 
0
55
 
Walgreens - Albuquerque
             
0
 
0
56
 
Kingsgate Village Apartments
             
0
 
0
57
 
StorQuest - Kalihi
             
0
 
0
58
 
Statewide Self Storage
             
0
 
0
59
 
Storage Depot - Huebner Commons
             
0
 
0
60
 
Storage Choice Clear Lake
             
0
 
0
61
 
Saratoga Storage
             
0
 
0
62
 
Storage Depot - McAllen
             
0
 
0
63
 
Locust Street Owners Inc.
             
0
 
0
64
 
Bridge Road Storage
             
0
 
0
65
 
Midtown Manor Apartments, Ltd.
             
0
 
0
66
 
Cedar River Estates MHC
             
0
 
0
67
 
Elmhurst House, Inc.
             
0
 
0
68
 
270 King Street
         
Candle Fish Reserve
 
20,871
 
0
69
 
Storage Depot - Highway 77
             
0
 
0
70
 
130 E. 94th Apartments Corp.
             
0
 
0
71
 
95 Sedgwick Owners Corp.
             
0
 
0
72
 
Extra Space Palm Springs
             
0
 
0
73
 
2640 Marion Avenue Owners, Inc.
             
0
 
0
74
 
Bedford Square Apartments
             
0
 
0
75
 
Kentwood MHC
             
0
 
0
76
 
Shops on Veterans
         
Ground Lease Reserve
 
0
 
18,150
77
 
Groff Studios Corp.
             
0
 
0
78
 
828 Fifth Avenue Owners Corp.
             
0
 
0
79
 
Samuell Self Storage
             
0
 
0
80
 
Clark Street Tenants Incorporated
             
0
 
0
81
 
61 Irving Place Corporation
             
0
 
0
82
 
444 East 87th Street Owners Corp.
             
0
 
0
83
 
Longhorn Self Storage
             
0
 
0
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
             
0
 
0
85
 
Cheney Center
             
0
 
0
86
 
323 West 83rd Owners Corp.
             
0
 
0
87
 
Gibbons Commons Apartments
             
0
 
0
88
 
Dollar General - Ocoee
             
0
 
0
89
 
Trinity Arms Ltd.
             
0
 
0
90
 
Garden Lofts Corp.
             
0
 
0
91
 
Merritt Island MHC
             
0
 
0
92
 
256 West 21st Owners Corp.
             
0
 
0
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
               
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
     
                                     
Mortgage Loan
Number
 
Property Name
 
Other Escrow I Cap ($)
 
Other Escrow I Escrow -
Cash or LoC
 
Other  Escrow I - LoC
Counterparty
 
Other Escrow II Reserve Description
 
Other Escrow II
(Initial) ($)(16)(21)
 
Other Escrow II
(Monthly) ($)
 
Other Escrow II
Cap ($)
 
Other Escrow II
Escrow - Cash or
LoC
1
 
Bank of America Plaza
 
0
 
Cash
     
Rent Concession Reserve
 
520,213
 
0
 
0
 
Cash
2
 
Crossings at Corona
 
0
 
Cash
     
Earnout Reserve
 
6,500,000
 
0
 
0
 
Cash
3
 
Columbus Square Portfolio
 
0
             
0
 
0
 
0
   
4
 
DC Metro Mixed Use Portfolio
 
0
 
Cash
         
0
 
0
 
0
   
4.01
 
920-928 Rhode Island Avenue
                               
4.02
 
875 N Street
                               
4.03
 
119-125 N. Washington Street
                               
4.04
 
2000 S Street
                               
4.05
 
717 6th Street NW
                               
4.06
 
700 King Street
                               
4.07
 
1330 U Street
                               
4.08
 
100 King Street
                               
4.09
 
301 Pennsylvania Avenue
                               
4.10
 
705 6th Street
                               
4.11
 
3343 Prospect Street
                               
4.12
 
856 Rockville Pike
                               
4.13
 
106 N. Washington Street
                               
4.14
 
438 Massachusetts Avenue
                               
4.15
 
1726 20th Street
                               
5
 
Centennial Center & Two Century Center
 
0
 
Cash
     
Rent Abatement Reserve / Pulte Reserve
 
986,180 / 295,000
 
0
 
0
 
Cash
5.01
 
Centennial Center
                               
5.02
 
Two Century Tower
                               
6
 
677 Broadway
 
0
             
0
 
0
 
0
   
7
 
Homewood Suites - New Orleans
 
0
 
Cash
     
Springing Reserve
 
0
 
Springing
 
0
   
8
 
Culver City Office Portfolio
 
0
 
Cash
     
Ground Rent Reserve
 
0
 
7,100
 
7,100
 
Cash
9
 
Slatten Ranch Shopping Center
 
0
             
0
 
0
 
0
   
10
 
Simi Valley Shopping Center
 
0
             
0
 
0
 
0
   
11
 
Stratford at Hillcrest
 
0
             
0
 
0
 
0
   
12
 
Marriott Bakersfield
 
0
             
0
 
0
 
0
   
13
 
Pomona Ranch Plaza
 
0
             
0
 
0
 
0
   
14
 
Courtyard by Marriott - Orlando
 
46,189
 
Cash
     
PIP Reserve
 
0
 
Springing
 
0
   
15
 
The Shops at Starwood
 
0
 
Cash
         
0
 
0
 
0
   
16
 
The Shops at Pecos Ranch
 
0
 
Cash
     
Rent Concession Reserve
 
31,122
 
0
 
0
 
Cash
17
 
Main Street & South Park
 
0
 
Cash
     
Anchor Tenant Reserve
 
0
 
Springing
 
0
   
17.01
 
South Park
                               
17.02
 
Main Street
                               
18
 
Schlumberger Office
 
0
             
0
 
0
 
0
   
19
 
All Storage Hwy 66
 
0
             
0
 
0
 
0
   
20
 
Corridors Deer Valley
 
0
 
Cash
     
General Reserve
 
500,000
 
0
 
0
 
Cash
21
 
BJ’s Wholesale Club - Jacksonville
 
0
             
0
 
0
 
0
   
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
 
0
 
Cash
         
0
 
0
 
0
   
22.01
 
Fairfield Inn - Madison Heights
                               
22.02
 
Holiday Inn Express - Flint
                               
23
 
Gateway Plaza
 
0
 
Cash
         
0
 
0
 
0
   
24
 
Promenade Merced
 
0
 
Cash
     
UC Merced Renewal Reserve
 
0
 
Springing
 
0
   
25
 
Victory Village
 
0
 
Cash
     
Rent Concession Reserve
 
26,746
 
0
 
0
 
Cash
26
 
Hampton Inn & Suites Lenox
 
240,000
 
Cash
     
PIP Reserve
 
100,000
 
0
 
0
 
Cash
27
 
East Forest Plaza II
 
0
             
0
 
0
 
0
   
28
 
San Rafael Self Storage
 
0
             
0
 
0
 
0
   
29
 
All Storage Mustang Mini
 
0
             
0
 
0
 
0
   
30
 
Marley Park Plaza
 
0
 
Cash
     
Bashas’ Reserve
 
0
 
4,101
 
492,120
 
Cash
31
 
English Oaks Apartments
 
0
             
0
 
0
 
0
   
32
 
WMA Shadow Portfolio
 
0
             
0
 
0
 
0
   
32.01
 
Spring Lake Town Center
                               
32.02
 
Metro Junction
                               
32.03
 
Center Stage at Winder
                               
 
 
 

 

WFRBS Commercial Mortgage Trust 2014-C23
                         
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
                                     
Mortgage Loan
Number
 
Property Name
 
Other Escrow I Cap ($)
 
Other Escrow I Escrow -
Cash or LoC
 
Other  Escrow I - LoC
Counterparty
 
Other Escrow II Reserve Description
 
Other Escrow II
(Initial) ($)(16)(21)
 
Other Escrow II
(Monthly) ($)
 
Other Escrow II
Cap ($)
 
Other Escrow II
Escrow - Cash or
LoC
33
 
Larchmont Village Plaza
 
0
             
0
 
0
 
0
   
34
 
Jordan Hospital Medical Office
 
0
 
Cash
         
0
 
0
 
0
   
35
 
Shiloh Business Park
 
0
             
0
 
0
 
0
   
36
 
Temescal Storage Center
 
0
             
0
 
0
 
0
   
37
 
Storage Choice Sugar Land
 
0
             
0
 
0
 
0
   
38
 
Chateau Villa Corp.
 
0
 
Cash
         
0
 
0
 
0
   
39
 
Storage Choice Pearland
 
0
             
0
 
0
 
0
   
40
 
Country Life MHP
 
0
             
0
 
0
 
0
   
41
 
Western Square Shopping Center
 
0
 
Cash
         
0
 
0
 
0
   
42
 
La Quinta - Lexington
 
0
             
0
 
0
 
0
   
43
 
Brittany Estates
 
0
             
0
 
0
 
0
   
44
 
All Storage Mustang SC
 
0
             
0
 
0
 
0
   
45
 
StorQuest - Hollywood
 
0
             
0
 
0
 
0
   
46
 
DAK Equities Corp.
 
0
             
0
 
0
 
0
   
47
 
Comfort Suites - Wilmington
 
0
 
Cash
         
0
 
0
 
0
   
48
 
Storage Depot - Regal Row
 
0
             
0
 
0
 
0
   
49
 
Big Bend Storage
 
0
             
0
 
0
 
0
   
50
 
Mark Twain Owners’ Corp.
 
0
             
0
 
0
 
0
   
51
 
Town Lakes Self Storage
 
0
             
0
 
0
 
0
   
52
 
Renaissance Park I
 
0
             
0
 
0
 
0
   
53
 
Hidden Meadows, Inc.
 
0
 
Cash
         
0
 
0
 
0
   
54
 
Storage Choice Stafford
 
0
             
0
 
0
 
0
   
55
 
Walgreens - Albuquerque
 
0
             
0
 
0
 
0
   
56
 
Kingsgate Village Apartments
 
0
             
0
 
0
 
0
   
57
 
StorQuest - Kalihi
 
0
             
0
 
0
 
0
   
58
 
Statewide Self Storage
 
0
             
0
 
0
 
0
   
59
 
Storage Depot - Huebner Commons
 
0
             
0
 
0
 
0
   
60
 
Storage Choice Clear Lake
 
0
             
0
 
0
 
0
   
61
 
Saratoga Storage
 
0
             
0
 
0
 
0
   
62
 
Storage Depot - McAllen
 
0
             
0
 
0
 
0
   
63
 
Locust Street Owners Inc.
 
0
             
0
 
0
 
0
   
64
 
Bridge Road Storage
 
0
             
0
 
0
 
0
   
65
 
Midtown Manor Apartments, Ltd.
 
0
             
0
 
0
 
0
   
66
 
Cedar River Estates MHC
 
0
             
0
 
0
 
0
   
67
 
Elmhurst House, Inc.
 
0
             
0
 
0
 
0
   
68
 
270 King Street
 
0
 
Cash
         
0
 
0
 
0
   
69
 
Storage Depot - Highway 77
 
0
             
0
 
0
 
0
   
70
 
130 E. 94th Apartments Corp.
 
0
             
0
 
0
 
0
   
71
 
95 Sedgwick Owners Corp.
 
0
             
0
 
0
 
0
   
72
 
Extra Space Palm Springs
 
0
             
0
 
0
 
0
   
73
 
2640 Marion Avenue Owners, Inc.
 
0
             
0
 
0
 
0
   
74
 
Bedford Square Apartments
 
0
             
0
 
0
 
0
   
75
 
Kentwood MHC
 
0
             
0
 
0
 
0
   
76
 
Shops on Veterans
 
0
 
Cash
         
0
 
0
 
0
   
77
 
Groff Studios Corp.
 
0
             
0
 
0
 
0
   
78
 
828 Fifth Avenue Owners Corp.
 
0
             
0
 
0
 
0
   
79
 
Samuell Self Storage
 
0
             
0
 
0
 
0
   
80
 
Clark Street Tenants Incorporated
 
0
             
0
 
0
 
0
   
81
 
61 Irving Place Corporation
 
0
             
0
 
0
 
0
   
82
 
444 East 87th Street Owners Corp.
 
0
             
0
 
0
 
0
   
83
 
Longhorn Self Storage
 
0
             
0
 
0
 
0
   
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
 
0
             
0
 
0
 
0
   
85
 
Cheney Center
 
0
             
0
 
0
 
0
   
86
 
323 West 83rd Owners Corp.
 
0
             
0
 
0
 
0
   
87
 
Gibbons Commons Apartments
 
0
             
0
 
0
 
0
   
88
 
Dollar General - Ocoee
 
0
             
0
 
0
 
0
   
89
 
Trinity Arms Ltd.
 
0
             
0
 
0
 
0
   
90
 
Garden Lofts Corp.
 
0
             
0
 
0
 
0
   
91
 
Merritt Island MHC
 
0
             
0
 
0
 
0
   
92
 
256 West 21st Owners Corp.
 
0
             
0
 
0
 
0
   
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                       
Mortgage Loan
Number
 
Property Name
 
Other  Escrow II - LoC
Counterparty
 
Holdback ($)
 
Ownership Interest
 
Ground Lease Initial
Expiration Date
 
Annual Ground Rent Payment
1
 
Bank of America Plaza
         
Fee
       
2
 
Crossings at Corona
         
Fee
       
3
 
Columbus Square Portfolio
         
Fee
       
4
 
DC Metro Mixed Use Portfolio
         
Fee
       
4.01
 
920-928 Rhode Island Avenue
         
Fee
       
4.02
 
875 N Street
         
Fee
       
4.03
 
119-125 N. Washington Street
         
Fee
       
4.04
 
2000 S Street
         
Fee
       
4.05
 
717 6th Street NW
         
Fee
       
4.06
 
700 King Street
         
Fee
       
4.07
 
1330 U Street
         
Fee
       
4.08
 
100 King Street
         
Fee
       
4.09
 
301 Pennsylvania Avenue
         
Fee
       
4.10
 
705 6th Street
         
Fee
       
4.11
 
3343 Prospect Street
         
Fee
       
4.12
 
856 Rockville Pike
         
Fee
       
4.13
 
106 N. Washington Street
         
Fee
       
4.14
 
438 Massachusetts Avenue
         
Fee
       
4.15
 
1726 20th Street
         
Fee
       
5
 
Centennial Center & Two Century Center
         
Fee
       
5.01
 
Centennial Center
         
Fee
       
5.02
 
Two Century Tower
         
Fee
       
6
 
677 Broadway
         
Fee
       
7
 
Homewood Suites - New Orleans
         
Fee
       
8
 
Culver City Office Portfolio
         
Fee/Leasehold
 
1/31/2040
 
$1,200 per parking space, up to 54 parking spaces
9
 
Slatten Ranch Shopping Center
         
Fee
       
10
 
Simi Valley Shopping Center
         
Fee
       
11
 
Stratford at Hillcrest
         
Fee
       
12
 
Marriott Bakersfield
         
Fee
       
13
 
Pomona Ranch Plaza
         
Fee
       
14
 
Courtyard by Marriott - Orlando
         
Fee
       
15
 
The Shops at Starwood
         
Fee
       
16
 
The Shops at Pecos Ranch
         
Fee
       
17
 
Main Street & South Park
         
Fee
       
17.01
 
South Park
         
Fee
       
17.02
 
Main Street
         
Fee
       
18
 
Schlumberger Office
         
Fee
       
19
 
All Storage Hwy 66
         
Fee
       
20
 
Corridors Deer Valley
         
Fee
       
21
 
BJ’s Wholesale Club - Jacksonville
         
Fee
       
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
         
Fee
       
22.01
 
Fairfield Inn - Madison Heights
         
Fee
       
22.02
 
Holiday Inn Express - Flint
         
Fee
       
23
 
Gateway Plaza
         
Fee
       
24
 
Promenade Merced
         
Fee
       
25
 
Victory Village
         
Fee
       
26
 
Hampton Inn & Suites Lenox
         
Fee
       
27
 
East Forest Plaza II
         
Fee
       
28
 
San Rafael Self Storage
         
Fee
       
29
 
All Storage Mustang Mini
         
Fee
       
30
 
Marley Park Plaza
         
Fee
       
31
 
English Oaks Apartments
         
Fee
       
32
 
WMA Shadow Portfolio
         
Fee
       
32.01
 
Spring Lake Town Center
         
Fee
       
32.02
 
Metro Junction
         
Fee
       
32.03
 
Center Stage at Winder
         
Fee
       
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
             
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                       
Mortgage Loan
Number
 
Property Name
 
Other  Escrow II - LoC
Counterparty
 
Holdback ($)
 
Ownership Interest
 
Ground Lease Initial
Expiration Date
 
Annual Ground Rent Payment
33
 
Larchmont Village Plaza
         
Fee
       
34
 
Jordan Hospital Medical Office
         
Leasehold
 
11/15/2111
 
$0
35
 
Shiloh Business Park
         
Fee
       
36
 
Temescal Storage Center
         
Fee
       
37
 
Storage Choice Sugar Land
         
Fee
       
38
 
Chateau Villa Corp.
         
Fee
       
39
 
Storage Choice Pearland
         
Fee
       
40
 
Country Life MHP
         
Fee
       
41
 
Western Square Shopping Center
         
Fee
       
42
 
La Quinta - Lexington
         
Fee
       
43
 
Brittany Estates
         
Fee
       
44
 
All Storage Mustang SC
         
Fee
       
45
 
StorQuest - Hollywood
         
Fee
       
46
 
DAK Equities Corp.
         
Fee
       
47
 
Comfort Suites - Wilmington
         
Leasehold
 
10/1/2113
 
$1
48
 
Storage Depot - Regal Row
         
Fee
       
49
 
Big Bend Storage
         
Fee
       
50
 
Mark Twain Owners’ Corp.
         
Fee
       
51
 
Town Lakes Self Storage
         
Fee
       
52
 
Renaissance Park I
         
Fee
       
53
 
Hidden Meadows, Inc.
         
Fee
       
54
 
Storage Choice Stafford
         
Fee
       
55
 
Walgreens - Albuquerque
         
Fee
       
56
 
Kingsgate Village Apartments
         
Fee
       
57
 
StorQuest - Kalihi
         
Fee
       
58
 
Statewide Self Storage
         
Fee
       
59
 
Storage Depot - Huebner Commons
         
Fee
       
60
 
Storage Choice Clear Lake
         
Fee
       
61
 
Saratoga Storage
         
Fee
       
62
 
Storage Depot - McAllen
         
Fee
       
63
 
Locust Street Owners Inc.
         
Fee
       
64
 
Bridge Road Storage
         
Fee
       
65
 
Midtown Manor Apartments, Ltd.
         
Fee
       
66
 
Cedar River Estates MHC
         
Fee
       
67
 
Elmhurst House, Inc.
         
Fee
       
68
 
270 King Street
         
Fee
       
69
 
Storage Depot - Highway 77
         
Fee
       
70
 
130 E. 94th Apartments Corp.
         
Fee
       
71
 
95 Sedgwick Owners Corp.
         
Fee
       
72
 
Extra Space Palm Springs
         
Fee
       
73
 
2640 Marion Avenue Owners, Inc.
         
Fee
       
74
 
Bedford Square Apartments
         
Fee
       
75
 
Kentwood MHC
         
Fee
       
76
 
Shops on Veterans
         
Leasehold
 
8/31/2029
 
$198,000
77
 
Groff Studios Corp.
         
Fee
       
78
 
828 Fifth Avenue Owners Corp.
         
Fee
       
79
 
Samuell Self Storage
         
Fee
       
80
 
Clark Street Tenants Incorporated
         
Fee
       
81
 
61 Irving Place Corporation
         
Fee
       
82
 
444 East 87th Street Owners Corp.
         
Fee
       
83
 
Longhorn Self Storage
         
Fee
       
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
         
Fee
       
85
 
Cheney Center
         
Fee
       
86
 
323 West 83rd Owners Corp.
         
Fee
       
87
 
Gibbons Commons Apartments
         
Fee
       
88
 
Dollar General - Ocoee
         
Fee
       
89
 
Trinity Arms Ltd.
         
Fee
       
90
 
Garden Lofts Corp.
         
Fee
       
91
 
Merritt Island MHC
         
Fee
       
92
 
256 West 21st Owners Corp.
         
Fee
       
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
                                       
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
                         
                                                     
Mortgage Loan
Number
 
Property Name
 
Annual Ground Rent Increases
 
Lockbox
 
Whole Loan Cut-
off Date Balance
($)(22)
 
Whole Loan
Debt Service
($)(23)
 
Subordinate Secured
Debt Original Balance
($)(24)
 
Subordinate
Secured Debt Cut-
off Date Balance
($)(25)
 
Whole Loan
U/W NOI DSCR
(x)(12)(23)
 
Whole Loan
U/W NCF DSCR
(x)(12)(23)
 
Whole Loan
Cut-off Date
LTV
Ratio(8)(26)
 
Whole Loan
Cut-off Date
U/W NOI Debt
Yield(12)(26)
 
Whole Loan
Cut-off Date
U/W NCF Debt
Yield(12)(26)
 
Mezzanine Debt Cut-off Date
Balance($)(27)
1
 
Bank of America Plaza
     
Hard/Springing Cash Management
                                       
2
 
Crossings at Corona
     
Hard/Springing Cash Management
                                       
3
 
Columbus Square Portfolio
     
Hard/Upfront Cash Management
                                       
4
 
DC Metro Mixed Use Portfolio
     
Hard/Springing Cash Management
                                       
4.01
 
920-928 Rhode Island Avenue
                                               
4.02
 
875 N Street
                                               
4.03
 
119-125 N. Washington Street
                                               
4.04
 
2000 S Street
                                               
4.05
 
717 6th Street NW
                                               
4.06
 
700 King Street
                                               
4.07
 
1330 U Street
                                               
4.08
 
100 King Street
                                               
4.09
 
301 Pennsylvania Avenue
                                               
4.10
 
705 6th Street
                                               
4.11
 
3343 Prospect Street
                                               
4.12
 
856 Rockville Pike
                                               
4.13
 
106 N. Washington Street
                                               
4.14
 
438 Massachusetts Avenue
                                               
4.15
 
1726 20th Street
                                               
5
 
Centennial Center & Two Century Center
     
Hard/Springing Cash Management
                                       
5.01
 
Centennial Center
                                               
5.02
 
Two Century Tower
                                               
6
 
677 Broadway
     
Hard/Springing Cash Management
                                     
3,350,000
7
 
Homewood Suites - New Orleans
     
Springing (Without Established Account)
                                       
8
 
Culver City Office Portfolio
 
Subject to increase based on FMV
 
Hard/Upfront Cash Management
                                       
9
 
Slatten Ranch Shopping Center
     
Soft/Springing Cash Management
                                       
10
 
Simi Valley Shopping Center
     
Springing (Without Established Account)
                                       
11
 
Stratford at Hillcrest
     
Soft/Springing Cash Management
                                       
12
 
Marriott Bakersfield
     
Springing (Without Established Account)
                                       
13
 
Pomona Ranch Plaza
     
Hard/Springing Cash Management
                                       
14
 
Courtyard by Marriott - Orlando
     
Springing (Without Established Account)
                                       
15
 
The Shops at Starwood
     
None
                                       
16
 
The Shops at Pecos Ranch
     
None
                                       
17
 
Main Street & South Park
     
Hard/Springing Cash Management
                                       
17.01
 
South Park
                                               
17.02
 
Main Street
                                               
18
 
Schlumberger Office
     
Hard/Springing Cash Management
                                       
19
 
All Storage Hwy 66
     
Springing (Without Established Account)
                                       
20
 
Corridors Deer Valley
     
Soft/Springing Cash Management
                                       
21
 
BJ’s Wholesale Club - Jacksonville
     
Hard/Springing Cash Management
                                       
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
     
Springing (Without Established Account)
                                       
22.01
 
Fairfield Inn - Madison Heights
                                               
22.02
 
Holiday Inn Express - Flint
                                               
23
 
Gateway Plaza
     
Hard/Springing Cash Management
                                       
24
 
Promenade Merced
     
Springing (Without Established Account)
                                       
25
 
Victory Village
     
Springing (Without Established Account)
                                       
26
 
Hampton Inn & Suites Lenox
     
Springing (Without Established Account)
                                       
27
 
East Forest Plaza II
     
Springing (Without Established Account)
                                       
28
 
San Rafael Self Storage
     
Springing (Without Established Account)
                                       
29
 
All Storage Mustang Mini
     
Springing (Without Established Account)
                                       
30
 
Marley Park Plaza
     
Soft/Springing Cash Management
                                       
31
 
English Oaks Apartments
     
Springing (Without Established Account)
                                       
32
 
WMA Shadow Portfolio
     
None
                                       
32.01
 
Spring Lake Town Center
                                               
32.02
 
Metro Junction
                                               
32.03
 
Center Stage at Winder
                                               
 
 
 

 

WFRBS Commercial Mortgage Trust 2014-C23
                                           
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
             
                                                     
Mortgage Loan
Number
 
Property Name
 
Annual Ground Rent Increases
 
Lockbox
 
Whole Loan Cut-
off Date Balance
($)(22)
 
Whole Loan
Debt Service
($)(23)
 
Subordinate Secured
Debt Original Balance
($)(24)
 
Subordinate
Secured Debt Cut-
off Date Balance
($)(25)
 
Whole Loan
U/W NOI DSCR
(x)(12)(23)
 
Whole Loan
U/W NCF DSCR
(x)(12)(23)
 
Whole Loan
Cut-off Date
LTV
Ratio(8)(26)
 
Whole Loan
Cut-off Date
U/W NOI Debt
Yield(12)(26)
 
Whole Loan
Cut-off Date
U/W NCF Debt
Yield(12)(26)
 
Mezzanine Debt Cut-off Date
Balance($)(27)
33
 
Larchmont Village Plaza
     
None
                                       
34
 
Jordan Hospital Medical Office
 
NAP
 
Springing (Without Established Account)
                                     
2,290,672
35
 
Shiloh Business Park
     
Springing (Without Established Account)
                                       
36
 
Temescal Storage Center
     
Springing (Without Established Account)
                                       
37
 
Storage Choice Sugar Land
     
Springing (Without Established Account)
                                       
38
 
Chateau Villa Corp.
     
None
 
6,000,000
 
25,120
 
500,000
 
0
 
4.12
 
4.12
 
18.5%
 
20.7%
 
20.7%
   
39
 
Storage Choice Pearland
     
Springing (Without Established Account)
                                       
40
 
Country Life MHP
     
None
                                       
41
 
Western Square Shopping Center
     
None
                                       
42
 
La Quinta - Lexington
     
Hard/Springing Cash Management
                                       
43
 
Brittany Estates
     
Springing (Without Established Account)
                                       
44
 
All Storage Mustang SC
     
Springing (Without Established Account)
                                       
45
 
StorQuest - Hollywood
     
None
                                       
46
 
DAK Equities Corp.
     
None
 
5,000,000
 
16,998
 
1,000,000
 
0
 
8.96
 
8.96
 
7.8%
 
36.5%
 
36.5%
   
47
 
Comfort Suites - Wilmington
 
NAP
 
Springing (Without Established Account)
                                       
48
 
Storage Depot - Regal Row
     
None
                                       
49
 
Big Bend Storage
     
None
                                       
50
 
Mark Twain Owners’ Corp.
     
None
                                       
51
 
Town Lakes Self Storage
     
None
                                       
52
 
Renaissance Park I
     
Springing (Without Established Account)
                                       
53
 
Hidden Meadows, Inc.
     
None
 
4,000,000
 
18,499
 
500,000
 
0
 
4.37
 
4.37
 
33.3%
 
24.3%
 
24.3%
   
54
 
Storage Choice Stafford
     
Springing (Without Established Account)
                                       
55
 
Walgreens - Albuquerque
     
Springing (Without Established Account)
                                       
56
 
Kingsgate Village Apartments
     
None
                                       
57
 
StorQuest - Kalihi
     
None
                                       
58
 
Statewide Self Storage
     
None
                                       
59
 
Storage Depot - Huebner Commons
     
None
                                       
60
 
Storage Choice Clear Lake
     
Springing (Without Established Account)
                                       
61
 
Saratoga Storage
     
None
                                       
62
 
Storage Depot - McAllen
     
None
                                       
63
 
Locust Street Owners Inc.
     
None
 
2,746,676
 
12,880
 
250,000
 
0
 
2.97
 
2.97
 
30.6%
 
16.7%
 
16.7%
   
64
 
Bridge Road Storage
     
None
                                       
65
 
Midtown Manor Apartments, Ltd.
     
None
 
2,900,000
 
13,208
 
500,000
 
0
 
8.42
 
8.42
 
7.1%
 
46.0%
 
46.0%
   
66
 
Cedar River Estates MHC
     
None
                                       
67
 
Elmhurst House, Inc.
     
None
 
2,896,809
 
13,248
 
500,000
 
0
 
6.09
 
6.09
 
15.2%
 
33.4%
 
33.4%
   
68
 
270 King Street
     
Springing (Without Established Account)
                                       
69
 
Storage Depot - Highway 77
     
None
                                       
70
 
130 E. 94th Apartments Corp.
     
None
 
3,296,942
 
14,460
 
1,000,000
 
0
 
4.20
 
4.20
 
9.7%
 
22.1%
 
22.1%
   
71
 
95 Sedgwick Owners Corp.
     
None
 
2,697,075
 
12,293
 
500,000
 
0
 
3.40
 
3.40
 
38.5%
 
18.6%
 
18.6%
   
72
 
Extra Space Palm Springs
     
Springing (Without Established Account)
                                       
73
 
2640 Marion Avenue Owners, Inc.
     
None
 
2,200,000
 
10,239
 
200,000
 
0
 
3.15
 
3.15
 
27.7%
 
17.6%
 
17.6%
   
74
 
Bedford Square Apartments
     
None
                                       
75
 
Kentwood MHC
     
Springing (Without Established Account)
                                       
76
 
Shops on Veterans
 
Adjusted on 9/1/2014 and every five years thereafter to 1.1x the rent in effect prior to adjustment
 
Springing (Without Established Account)
                                       
77
 
Groff Studios Corp.
     
None
 
2,450,000
 
8,332
 
600,000
 
0
 
12.00
 
12.00
 
7.9%
 
49.0%
 
49.0%
   
78
 
828 Fifth Avenue Owners Corp.
     
None
 
2,300,000
 
10,344
 
500,000
 
0
 
15.53
 
15.53
 
2.8%
 
83.8%
 
83.8%
   
79
 
Samuell Self Storage
     
None
                                       
80
 
Clark Street Tenants Incorporated
     
None
 
1,850,000
 
7,722
 
250,000
 
0
 
10.38
 
10.38
 
3.6%
 
52.0%
 
52.0%
   
81
 
61 Irving Place Corporation
     
None
 
2,597,872
 
11,118
 
1,000,000
 
350,000
 
10.66
 
10.66
 
4.8%
 
54.8%
 
54.8%
   
82
 
444 East 87th Street Owners Corp.
     
None
 
2,050,000
 
8,336
 
500,000
 
0
 
5.17
 
5.17
 
17.0%
 
25.2%
 
25.2%
   
83
 
Longhorn Self Storage
     
None
                                       
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
     
None
 
1,750,000
 
6,014
 
250,000
 
0
 
25.78
 
25.78
 
3.6%
 
106.3%
 
106.3%
   
85
 
Cheney Center
     
Springing (Without Established Account)
                                       
86
 
323 West 83rd Owners Corp.
     
None
 
1,750,000
 
8,086
 
250,000
 
0
 
5.81
 
5.81
 
8.8%
 
32.2%
 
32.2%
   
87
 
Gibbons Commons Apartments
     
Springing (Without Established Account)
                                       
88
 
Dollar General - Ocoee
     
Springing (Without Established Account)
                                       
89
 
Trinity Arms Ltd.
     
None
 
1,548,338
 
7,082
 
300,000
 
0
 
2.80
 
2.80
 
34.0%
 
15.4%
 
15.4%
   
90
 
Garden Lofts Corp.
     
None
 
1,700,000
 
7,479
 
500,000
 
0
 
12.60
 
12.60
 
5.9%
 
66.5%
 
66.5%
   
91
 
Merritt Island MHC
     
None
                                       
92
 
256 West 21st Owners Corp.
     
None
 
1,198,670
 
5,550
 
200,000
 
0
 
8.98
 
8.98
 
5.6%
 
49.9%
 
49.9%
   
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
       
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
                 
Mortgage Loan
Number
 
Property Name
 
Sponsor(28)
 
Affiliated Sponsors
 
Mortgage Loan Number
1
 
Bank of America Plaza
 
Brookfield Office Properties Inc.
     
1
2
 
Crossings at Corona
 
Castle & Cooke, Inc.; Castle & Cooke Westlake Holdings, LLC; Murdock Realty, LLC
     
2
3
 
Columbus Square Portfolio
 
Jacob Chetrit; Laurence Gluck
     
3
4
 
DC Metro Mixed Use Portfolio
 
Douglas Development Corporation
     
4
4.01
 
920-928 Rhode Island Avenue
         
4.01
4.02
 
875 N Street
         
4.02
4.03
 
119-125 N. Washington Street
         
4.03
4.04
 
2000 S Street
         
4.04
4.05
 
717 6th Street NW
         
4.05
4.06
 
700 King Street
         
4.06
4.07
 
1330 U Street
         
4.07
4.08
 
100 King Street
         
4.08
4.09
 
301 Pennsylvania Avenue
         
4.09
4.10
 
705 6th Street
         
4.1
4.11
 
3343 Prospect Street
         
4.11
4.12
 
856 Rockville Pike
         
4.12
4.13
 
106 N. Washington Street
         
4.13
4.14
 
438 Massachusetts Avenue
         
4.14
4.15
 
1726 20th Street
         
4.15
5
 
Centennial Center & Two Century Center
 
Cyrus Sakhai
     
5
5.01
 
Centennial Center
         
5.01
5.02
 
Two Century Tower
         
5.02
6
 
677 Broadway
 
Saul Friedman; Barry Friedman
     
6
7
 
Homewood Suites - New Orleans
 
Apple Hospitality REIT, Inc.
     
7
8
 
Culver City Office Portfolio
 
Frederick N. Smith; Laurie M. Smith
     
8
9
 
Slatten Ranch Shopping Center
 
Mark S. Carter; Leland S. Kraemer; Fred T. Kroger
     
9
10
 
Simi Valley Shopping Center
 
Sam Shakib
     
10
11
 
Stratford at Hillcrest
 
RealSource Property Consulting, LLC
     
11
12
 
Marriott Bakersfield
 
Richard Deihl
     
12
13
 
Pomona Ranch Plaza
 
Justin Huang; Shun-Hsing Lu
     
13
14
 
Courtyard by Marriott - Orlando
 
Jeffrey Soffer
     
14
15
 
The Shops at Starwood
 
Whitestone REIT Operating Partnership, L.P.
 
Y-Group A
 
15
16
 
The Shops at Pecos Ranch
 
Whitestone REIT Operating Partnership, L.P.
 
Y-Group A
 
16
17
 
Main Street & South Park
 
Daniel Abramson; Paul Cleeman; Abramson Family Limited Partnership
     
17
17.01
 
South Park
         
17.01
17.02
 
Main Street
         
17.02
18
 
Schlumberger Office
 
Deane Earl Ross
     
18
19
 
All Storage Hwy 66
 
Jay Schuminsky
 
Y-Group B
 
19
20
 
Corridors Deer Valley
 
Michael S. Adler
     
20
21
 
BJ’s Wholesale Club - Jacksonville
 
Richard Kassis
     
21
22
 
Holiday Inn Express - Flint and Fairfield Inn Madison  
 
Akram Namou; Malik Abdulnoor
     
22
22.01
 
Fairfield Inn - Madison Heights
         
22.01
22.02
 
Holiday Inn Express - Flint
         
22.02
23
 
Gateway Plaza
 
Tryperion RE Fund I, L.P.
     
23
24
 
Promenade Merced
 
Warren W. Wainwright; Warren W. Wainwright and Susan F. Wainwright, Trustees of The 1998 WSW Family Trust
     
24
25
 
Victory Village
 
NADG US Supermarket Anchored Fund (U.S.) Limited Partnership; NADG US Supermarket Anchored Fund (Canadian) Limited Partnership
     
25
26
 
Hampton Inn & Suites Lenox
 
Joseph M. Toole; Lynn M. Toole
     
26
27
 
East Forest Plaza II
 
Ralph R. Rocca
     
27
28
 
San Rafael Self Storage
 
Kent D. Swisher individually and as trustee of The Kent D. Swisher and Linda F. Swisher Trust; Linda Swisher as trustee of The Kent D. Swisher and Linda F. Swisher Trust
     
28
29
 
All Storage Mustang Mini
 
Jay Schuminsky
 
Y-Group B
 
29
30
 
Marley Park Plaza
 
Kulwant Singh Sarai
     
30
31
 
English Oaks Apartments
 
Richard E. James
     
31
32
 
WMA Shadow Portfolio
 
Stanley Werb; Jonathan Gaines
     
32
32.01
 
Spring Lake Town Center
         
32.01
32.02
 
Metro Junction
         
32.02
32.03
 
Center Stage at Winder
         
32.03
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
       
ANNEX A — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
       
                 
Mortgage Loan
Number
 
Property Name
 
Sponsor(28)
 
Affiliated Sponsors
 
Mortgage Loan Number
33
 
Larchmont Village Plaza
 
Ronald A. Simms
     
33
34
 
Jordan Hospital Medical Office
 
Inland Private Capital Corporation
     
34
35
 
Shiloh Business Park
 
Paul Butler; Robert Weiss; Patricia Weiss
     
35
36
 
Temescal Storage Center
 
Myron C. Sukut individually and as trustee of The Myron C. Sukut Trust; Robert L. Benner, Jr. and Barbara A. Benner individually and as trustees of the Benner Family Trust
     
36
37
 
Storage Choice Sugar Land
 
Paul A. Glover; Ladd 1998 Real Properties, Ltd.
 
Y-Group C
 
37
38
 
Chateau Villa Corp.
 
NAP
     
38
39
 
Storage Choice Pearland
 
Paul A. Glover; Ladd 1998 Real Properties, Ltd.
 
Y-Group C
 
39
40
 
Country Life MHP
 
McKay Florence; McKay Florence, Trustee of the McKay and Laree Florence Revocable Trust Dated January 6, 1997; Ralph Beatty; Ralph Beatty, Trustee of the Ralph and Barbara Beatty Trust, Dated October 22, 1998
     
40
41
 
Western Square Shopping Center
 
Fritz R. McPhail
     
41
42
 
La Quinta - Lexington
 
Vinu J. Patel; R.J. Patel; Sunil Patel; Bimal V. Patel
     
42
43
 
Brittany Estates
 
RHP Properties
     
43
44
 
All Storage Mustang SC
 
Jay Schuminsky
 
Y-Group B
 
44
45
 
StorQuest - Hollywood
 
Clark Porter; Tim Hobin; William Hobin
 
Y-Group F
 
45
46
 
DAK Equities Corp.
 
NAP
     
46
47
 
Comfort Suites - Wilmington
         
47
48
 
Storage Depot - Regal Row
 
John Troy Drennan
 
Y-Group D
 
48
49
 
Big Bend Storage
 
Benjamin S. Macfarland III and Todd C. Marshall
 
Y-Group E
 
49
50
 
Mark Twain Owners’ Corp.
 
NAP
     
50
51
 
Town Lakes Self Storage
 
Benjamin S. Macfarland III and Todd C. Marshall
 
Y-Group E
 
51
52
 
Renaissance Park I
 
Raiford Trask III; Bruce A. Chappell, Jr; Daniel S. Shiff
     
52
53
 
Hidden Meadows, Inc.
 
NAP
     
53
54
 
Storage Choice Stafford
 
Paul A. Glover; Ladd 1998 Real Properties, Ltd.
 
Y-Group C
 
54
55
 
Walgreens - Albuquerque
 
Alice L. Griffith
     
55
56
 
Kingsgate Village Apartments
 
Andrea Russin
     
56
57
 
StorQuest - Kalihi
 
Clark Porter; Tim Hobin; William Hobin
 
Y-Group F
 
57
58
 
Statewide Self Storage
 
James R. Patterson
     
58
59
 
Storage Depot - Huebner Commons
 
John Troy Drennan
 
Y-Group D
 
59
60
 
Storage Choice Clear Lake
 
Paul A. Glover; Ladd 1998 Real Properties, Ltd.
 
Y-Group C
 
60
61
 
Saratoga Storage
 
Ryan Bybee; Nathan Ricks
     
61
62
 
Storage Depot - McAllen
 
John Troy Drennan
 
Y-Group D
 
62
63
 
Locust Street Owners Inc.
 
NAP
     
63
64
 
Bridge Road Storage
 
Benjamin S. Macfarland III and Todd C. Marshall
 
Y-Group E
 
64
65
 
Midtown Manor Apartments, Ltd.
 
NAP
     
65
66
 
Cedar River Estates MHC
 
Mark A. Thomas; Paul F. Thomas
     
66
67
 
Elmhurst House, Inc.
 
NAP
     
67
68
 
270 King Street
 
Kenneth Schechter; Lior Evan
     
68
69
 
Storage Depot - Highway 77
 
John Troy Drennan
 
Y-Group D
 
69
70
 
130 E. 94th Apartments Corp.
 
NAP
     
70
71
 
95 Sedgwick Owners Corp.
 
NAP
     
71
72
 
Extra Space Palm Springs
 
Corporate Property Associates 17 - Global Incorporated
     
72
73
 
2640 Marion Avenue Owners, Inc.
 
NAP
     
73
74
 
Bedford Square Apartments
 
Jeffrey D. Kaftan
     
74
75
 
Kentwood MHC
 
Daniel Williamson; Alexandra Williamson
     
75
76
 
Shops on Veterans
 
Victory Real Estate Investments, LLC
     
76
77
 
Groff Studios Corp.
 
NAP
     
77
78
 
828 Fifth Avenue Owners Corp.
 
NAP
     
78
79
 
Samuell Self Storage
 
Gary Jacobs; Jack Durliat
 
Y-Group G
 
79
80
 
Clark Street Tenants Incorporated
 
NAP
     
80
81
 
61 Irving Place Corporation
 
NAP
     
81
82
 
444 East 87th Street Owners Corp.
 
NAP
     
82
83
 
Longhorn Self Storage
 
Gary Jacobs; Jack Durliat
 
Y-Group G
 
83
84
 
40 W. 22nd St. Tenants Cooperative Corp.  
 
NAP
     
84
85
 
Cheney Center
 
John Cheney Curtis Mathes
     
85
86
 
323 West 83rd Owners Corp.
 
NAP
     
86
87
 
Gibbons Commons Apartments
 
Peter Gfroerer
     
87
88
 
Dollar General - Ocoee
 
Elias Behar-Ybarra
     
88
89
 
Trinity Arms Ltd.
 
NAP
     
89
90
 
Garden Lofts Corp.
 
NAP
     
90
91
 
Merritt Island MHC
 
Lewis Bruce Jones
     
91
92
 
256 West 21st Owners Corp.
 
NAP
     
92

 
 

 
WFRBS Commercial Mortgage Trust 2014-C23
   
     
  FOOTNOTES TO ANNEX A  
 
 
See Annex D: Additional Mortgage Loan Information/Definitions in the Free Writing Prospectus for additional information on all mortgage loans and Annex B: Top Fifteen Loan Summaries in the Free Writing Prospectus.
                     
(1)
WFB denotes Wells Fargo Bank, National Association, RBS denotes The Royal Bank of Scotland plc and RBS Financial Products Inc. (RBSFP), LIG I denotes Liberty Island Group I LLC, CIIICM denotes C-III Commercial Mortgage LLC, and Basis denotes Basis Real Estate Capital II, LLC.  RBSFP was the originator of mortgage loan #12 (Marriott Bakersfield) and mortgage loan #35 (Shiloh Business Park). The Royal Bank of Scotland plc was the sole originator of all other RBS loans.
                     
(2)
For mortgage loan #3 (Columbus Square Portfolio), the Number of Units includes 275,957 square feet of retail space, 109,823 square feet of office and other space and 108,444 square feet of parking space on a lease that expires April 30, 2029.
                     
 
For mortgage loan #4 (DC Metro Mixed Used Portfolio), the Number of Units includes 80,742 square feet of office space, 64,293 square feet of retail space, and 13,086 square feet of multifamily space.
                     
 
For mortgage loan #15 (The Shops at Starwood), the Number of Units includes 44,923 square feet of retail space and 10,462 square feet of office space.
                     
 
For mortgage loan #17 (Main Street & South Park), the Main Street mortgaged property consists of 20,342 square feet of office space and 19,042 square feet of retail space.
                     
 
For mortgage loan #24 (Promenade Merced), the Number of Units includes 32,314 square feet of retail space and 25,680 square feet of office space.
                     
 
For mortgage loan #40 (Country Life MHP), the related mortgaged property consists of 154 mobile home sites, 152 RV sites and one apartment unit.
                     
 
For mortgage loan #44 (All Storage Mustang SC), the Number of Units includes 94,815 square feet of self storage space and 22,504 square feet of retail space.
                     
(3)
For mortgage loan #1 (Bank of America Plaza), the mortgage loan represents Note A-2 of three pari passu companion loans, which have a combined Cut-off Date principal balance of $400,000,000.  Note A-1 and Note A-3 are not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2 and Note A-3 in the aggregate (“Bank of America Plaza Loan Combination”).  The Note A-2 mortgage loan is a non-controlling interest in Bank of America Plaza Loan Combination.
                     
 
For mortgage loan #2 (Crossings at Corona), the mortgage loan represents Note A-1 of two pari passu companion loans, which have a combined Cut-off Date principal balance of $145,000,000.  Note A-2 is not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1 and  Note A-2 in the aggregate (“Crossings at Corona Loan Combination”).  The Note A-1 mortgage loan is the controlling interest in the Crossings at Corona Loan Combination.
                     
 
For mortgage loan #3 (Columbus Square Portfolio), the mortgage loan represents Note A-3 of four pari passu companion loans, which have a combined Cut-off Date principal balance of $400,000,000.  Note A-1, Note A-2 and Note A-4 are not included in the trust.  All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit of Measure presented are based on Note A-1, Note A-2, Note A-3 and Note A-4 in the aggregate (“Columbus Square Portfolio Loan Combination”).  The Note A-3 mortgage loan is a non-controlling interest in the Columbus Square Portfolio Loan Combination.
                     
(4)
With respect to mortgage loans #10 (Simi Valley Shopping Center), #11 (Stratford at Hillcrest), #12 (Marriott Bakersfield),  #13 (Pomona Ranch Plaza), #17 (Main Street & South Park), #18 (Schlumberger Office), #37 (Storage Choice Sugar Land), #38 (Chateau Villa Corp.), #39 (Storage Choice Pearland), #42 (La Quinta - Lexington), #47 (Comfort Suites - Wilmington), #53 (Hidden Meadows, Inc.), #54 (Storage Choice Stafford), #60 (Storage Choice Clear Lake), #82 (444 East 87th Street Owners Corp.), and #85 (Cheney Center),  due to the timing of the first payment of debt service in November, 2014, one month of interest will be deposited with the applicable master servicer on the closing date and represents the interest accrued during the month of September. As such, the mortgage loans are shown as having a First Pay Date of interest-only in October 2014 and Original Term to Maturity of 121 months with the exception of loan #12 (Marriott at Bakersfield), which has an Original Term to Maturity of 61 months.  In addition, the mortgage loans are reflected as prohibiting prepayment prior to the first payment of debt service in November, 2014.
                     
(5)
For mortgage loan #72 (Extra Space Palm Springs), the borrower is not required to pay any late charge (i) with respect to the first two delinquent payments during any 12 month calendar period or (ii) with respect to the first two delinquent payments following any change by lender to the Monthly Debt Service Payment Amount following notice of such change, however, the borrower is subject to default interest for any delinquent payments.
                     
(6)
For mortgage loan #3 (Columbus Square Portfolio), the borrower is required to pay a yield maintenance premium if the partial release occurs prior to the lockout release date.
                     
 
For mortgage loan #34 (Jordan Hospital Medical Office), the yield maintenance premium is calculated based on an amount equal to the greater of: (i) 1% of any applicable prepayment; and (ii) the sum of the present values, using a discount rate equal to 50 basis points plus a periodic Treasury yield, of principal and interest payments.
                     
                     
(7)
For mortgage loan #4 (DC Metro Mixed Use Portfolio),  the Appraised Value assumes the completion of certain new tenant renovations as of June 1, 2016.  Cut-off Date LTV Ratio and LTV Ratio at Maturity were calculated assuming the renovations have been completed.  The Cut-off Date LTV Ratio and LTV Ratio at Maturity, assuming the renovations have not been completed and based on an as-is appraised value of $82,050,000, are 77.4% and 67.9%, respectively.
                     
(8)
With respect to the mortgage loans secured by residential cooperative properties, the as-is appraised value of each mortgaged property is the appraised value of such mortgaged property assuming such mortgaged property is operated as a residential cooperative.
                     
(9)
The Coop - Rental Value of a residential cooperative property is the appraised value of such mortgaged property assuming such mortgaged property is operated as a multifamily rental property.
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
   
     
  FOOTNOTES TO ANNEX A  
 
(10)
Coop - Sponsor Units refers to the number of units owned by the original sponsor responsible for the mortgaged property’s conversion into cooperative ownership. A sponsor may rent its units or opt to market them for sale (either individually or as a whole). Coop - Investor Units refers to a bulk number of units owned by a non-tenant investor(s), who can rent or sell the units. Coop - Coop Units refers to the number of units owned by the borrower, which is a cooperative corporation. In this capacity, the cooperative may manage its units as an investor would or use the units for the benefit of its cooperative members. Coop – Unsold Percent refers to the ratio of the total number of units collectively owned by the original sponsor, a non-tenant investor or the cooperative corporation to the number of units with shares allocated.  Coop - Sponsor/Investor Carry is the sponsor’s or the investor’s net cash flow calculated by subtracting maintenance charges on the sponsor or investor owned units from the actual rents payable on such units, to the extent available.
                     
(11)
With respect to the mortgage loans secured by residential cooperative properties, the Coop - Committed Secondary Debt equals the balance of any subordinate line of credit mortgage loan (the “Subordinate LOC”), based on the full face amount of the Subordinate LOC.
                     
(12)
For purposes of determining the debt service coverage ratio and debt yield for a residential cooperative mortgage loan, the U/W NCF and the U/W NOI for a residential cooperative property is the projected net cash flow reflected in an appraisal of such residential cooperative property. Accordingly, U/W Revenues, U/W Expenses, U/W Net Operating Income, U/W Replacement and U/W Net Cash Flow are derived from the appraisal.
                     
(13)
With respect to the residential cooperative mortgage loans, the Occupancy Rate reported reflects the property vacancy assumption in the related appraisal for purposes of determining the Appraised Value of the related mortgaged property as a multifamily rental property (i.e., the Coop - Rental Value). Additionally, the Occupancy as-of Date reflects the appraisal valuation date for such loans.
                     
(14)
The Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown for the mortgage loans secured by residential cooperative properties are “NAP”. Residential cooperatives are not-for-profit entities that set maintenance fees to cover current expenses and plan for future capital needs. A residential cooperative can increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves. The historical NOI figures are not representative of the cash flow generated by the property if it were operated as a multifamily rental property.
                     
(15)
For mortgage loan #4 (DC Metro Mixed Use Portfolio), the largest tenant (40,746 square feet), representing 28.1% of net rentable square feet has multiple leases that expire as follows:  20,109 square feet expiring November 30,2017; 20,637 square feet expiring January 31, 2025.
                     
 
For mortgage loan #8 (Culver City Office Portfolio), the second largest tenant (17,355 square feet), representing 18.5% of net rentable square feet, offers its space to clients to use under service agreements.  Currently the second largest tenant has service agreements with two clients for 10,608 square feet and 6,161 square feet.   The second largest tenant has multiple leases expiring as follows: 11,780 square feet expire September 30, 2015; 5,575 square feet expire August 31, 2018.  The fourth largest tenant (8,160 square feet), representing 8.7% of net rentable square feet, is subleasing its entire space to the fifth largest tenant.
                     
 
For mortgage loan #24 (Promenade Merced), the largest tenant (17,812 square feet), representing 31.7% of net rentable square feet has multiple leases expiring as follows: 13,315 square feet expire June 30, 2018; 4,497 square feet expire June 30, 2020.
                     
 
For mortgage loan #34 (Jordan Hospital Medical Office), the only tenant (30,803 square feet), representing 100% of net rentable square feet, is building out 4,756 square feet of its space for sublease tenants.
                     
 
For mortgage loan #35 (Shiloh Business Park), the second largest tenant (8,760 square feet), representing 13.6% of net rentable square feet has multiple leases that expire as follows: 960 square feet expiring March 5, 2015; 850 square feet expiring March 31, 2015; 1,160 square feet expiring April 30, 2015; 1,930 square feet expiring May 31, 2016; 1,930 square feet expiring June 30, 2016; 1,930 square feet expiring May 31, 2017.
                     
(16)
In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises, that were included in the underwriting. The tenant leases discussed in this footnote are not intended to be an exclusive list. In particular, the tenant leases mentioned below are generally included only for top five tenants by net rentable square feet.
                     
 
For mortgage loan #1 (Bank of America Plaza), the fifth largest tenant (81,094 square feet), representing 5.7% of net rentable square feet, has abated rent through June 2015.  There is a $472,505 reserve representing the outstanding rent abatement.
                     
 
For mortgage loan #2 (Crossings at Corona), Barnes & Noble (25,023 square feet), representing 3.0% of net rentable square feet, has a lease that expires in January 2015 and is currently in its lease renewal notice period.  The tenant has been underwritten as vacant.  The Occupancy Rate including this tenant is 96.9%.
                     
 
For mortgage loan #5 (Centennial Center & Two Century Center), the fourth largest tenant (24,810 square feet), representing 5.0% of net rentable square feet, has executed a lease but has not taken occupancy.  The fourth largest tenant is expected to take occupancy in January 2015.  There is a $1,648,889 reserve to cover outstanding tenant improvements and leasing commissions at this property.
                     
 
For mortgage loan #8 (Culver City Office Portfolio), the largest tenant (24,384 square feet), representing 25.9% of net rentable square feet, has seven months of rent abatement, up to 50% for each month, on 4,021 square feet in June 2015, June 2016, December 2018, June 2019, December 2019, June 2020 and December 2020.  The fourth and fifth largest tenants (8,160 and 5,597 square feet, respectively), representing 14.6% of net rentable square feet, are expected to vacate at the end of their respective lease terms.  Two borrower related tenants have executed leases, guaranteed by the Sponsor, which will replace the fourth and fifth largest tenants.
                     
 
For mortgage loan #15 (The Shops at Starwood), the largest tenant (7,212 square feet), representing 13.0% of net rentable square feet, will reduce its space by 1,804 square feet as of November 2014.  The reduced space has been underwritten as vacant.  The largest tenant has a rent abatement in November 2014 and January 2015.  There is a $8,585 reserve representing the outstanding rent abatement.
                     
 
For mortgage loan #20 (Corridors Deer Valley), the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, has executed a lease but is not in occupancy or paying rent.  The largest tenant is anticipated to begin paying rent in December 2014.  There is a $264,901 reserve representing four months of base rent and a $431,000 reserve representing the outstanding tenant improvements related to the largest tenant.
                     
 
For mortgage loan #23 (Gateway Plaza), the largest tenant (80,000 square feet), representing 57.8% of net rentable square feet, has a rent abatement through November 2014.  There is a $80,000 reserve representing the outstanding rent abatement.
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
   
     
  FOOTNOTES TO ANNEX A  
 
 
For mortgage loan #24 (Promenade Merced), the largest tenant (17,812 square feet), representing 31.7% of net rentable square feet, has executed a lease and is paying rent, but is not occupying 2,257 square feet of its space.
                     
 
For mortgage loan #25 (Victory Village), the second largest tenant (4,175 square feet), representing 5.9% of net rentable square feet, has given notice of its intent to terminate its lease, effective November 2014.  A replacement tenant has executed a lease, but is not in occupancy or paying rent.  The replacement tenant is anticipated to be in occupancy by February 2015 and paying rent beginning April 2015.  There is a $300,000 reserve related to the replacement tenant.  The third largest tenant (3,150 square feet), representing 4.4% of net rentable square feet, has an outstanding rent abatement in July 2015.  There is a $5,513 reserve representing the outstanding rent abatement.  The fourth largest tenant (2,800 square feet), representing 3.9% of net rentable square feet, has outstanding rent abatements in December of 2014, 2015 and 2016.  There is a $18,200 reserve representing the outstanding rent abatements.
                     
 
For mortgage loan #30 (Marley Park Plaza), the largest tenant (49,212 square feet), representing 63.5% of net rentable square feet, has a rent abatement through December 2015.  There is a $787,392 reserve representing the outstanding rent abatements.  The third largest tenant (2,756 square feet), representing 3.6% of net rentable square feet, is not in occupancy or paying rent.  The third largest tenant is anticipated to begin paying rent in January 2015.
                     
 
For mortgage loan #32 (WMA Shadow Portfolio), the largest tenant at the Center Stage at Winder mortgaged property (3,080 square feet), representing 4.5% of net rentable square feet of the mortgage loan, vacated its space in August 2014 and has been underwritten as vacant.
                     
 
For mortgage loan #48 (Storage Depot - Regal Row), the U/W Revenues include income from climate controlled office/storage units.
                     
 
For mortgage loan #68 (270 King Street), the second largest tenant (2,319 square feet), representing 34.1% of net rentable square feet, has executed a lease but is not in occupancy or paying rent.  The second largest tenant is expected to be in occupancy and commence paying rent in October 2014.  There is a $20,871 reserve representing the gap rent period and outstanding tenant improvements and leasing commissions.
                     
(17)
The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.
                     
 
For mortgage loan #1 (Bank of America Plaza), the second largest tenant (185,927 square feet), representing 13.0% of net rentable square feet, may reduce its space by one full floor on December 31, 2019 upon providing 12 months’ written notice.  The third largest tenant (163,512 square feet), representing 11.4% of net rentable square feet, has a one-time right to reduce its space by one full floor or 12,000 to 13,000 square feet of its highest or lowest contiguous floors upon providing notice on or before September 30, 2018 and payment of a termination fee equal to all unamortized tenant improvements, leasing commissions, space plan allowances and out of pocket expenses incurred by the landlord.  The fifth largest tenant (81,094 square feet), representing 5.7% of net rentable square feet, may terminate its lease on 25,773 square feet as of June 30, 2018 upon providing 12 months’ written notice and payment of a termination fee equal to $2,410,728.
                     
 
For mortgage loan #3 (Columbus Square Portfolio), the second largest tenant (55,022 square feet), representing 11.1% of net rentable square feet, may terminate its lease at any time upon providing four months written notice and payment of a termination fee equal to three years rent.
                     
 
For mortgage loan #4 (DC Metro Mixed Use Portfolio), the largest tenant at the 100 King Street mortgaged property (6,482 square feet), representing 4.5% of net rentable square feet for the mortgage loan, will perform significant interior work to the mortgaged property at its cost and expense, including lowering the floor level of the premises.  In the event that during the course of lowering the floor level, the tenant discovers that additional structural work is required, the tenant will notify the landlord of the additional floor work and obtain a good faith estimate of such costs.  If the good faith estimate is $70,000 or less, the tenant will, at its expense, complete the additional floor work.  In the event that the cost of the additional floor work is greater than $70,000, the tenant may terminate its lease within 10 days of providing landlord with the estimated costs.  The largest tenant at the 875 N Street mortgaged property (6,850 square feet), representing 4.7% of net rentable square feet for the mortgage loan, has a one-time right to terminate its lease as of January 1, 2016 with 210 days notice.
                     
 
For mortgage loan #5 (Centennial Center & Two Century Center), the largest tenant (41,593 square feet), representing 8.4% of net rentable square feet, has a one-time right to terminate its lease in whole or in part at any time after February 29, 2016 upon 12 months written notice and payment of the unamortized cost of construction allowance, leasing commissions and abated rent. The second largest tenant (26,582 square feet), representing 5.4% of net rentable square feet, may terminate its lease at any time on or after July 1, 2020 upon  12 months’ notice and payment of a termination fee equal to $25.50 per square foot. The third largest tenant (25,637 square feet), representing 5.2% of net rentable square feet, has a one-time right to terminate its lease on June 30, 2020 upon written notice by August 1, 2019 and payment of the unamortized cost of construction allowance, leasing commissions and abated rent paid for or provided by the landlord with an interest rate of 9.0% per annum.
                     
 
For mortgage loan #6 (677 Broadway), the second largest tenant (31,282 square feet), representing 17.7% of net rentable square feet, may terminate its lease on up to 15,641 square feet at any time on or after May 1, 2016 upon providing 180 days written notice.
                     
 
For mortgage loan #17 (Main Street & South Park), the largest tenant at the Main Street mortgaged property (20,342 square feet), representing 14.2% of the mortgage loans net rentable square feet, has a right to terminate its lease upon providing 60 days written notice prior to the date of its lease expiration on March 31, 2019.  The loans non-recourse guarantors have entered into a master lease under which they are contractually obligated to cover the lease obligations of this tenant should it exercise its early termination option.
                     
 
For mortgage loan #20 (Corridors Deer Valley), the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, may terminate its lease at any time if directed by the Arizona Department of Administration to move into an existing state owned or leased facility, upon 60 days’ written notice.  The second largest tenant (22,700 square feet), representing 13.8% of net rentable square feet, may terminate its lease within 60 days’ of any fiscal year ending June 30th due to non-appropriation of funds, upon providing 30 days’ written notice.  The fifth largest tenant (15,396 square feet), representing 9.4% of net rentable square feet, may terminate its lease as of September 30, 2015 upon providing 12 months’ written notice and payment of a cancellation fee equal to the sum of: (i) unamortized tenant improvements and leasing commissions; and (ii) rental taxes on the unamortized tenant improvement and leasing commissions.
   
 
For mortgage loan #32 (WMA Shadow Portfolio), the fourth largest tenant at the Spring Lake Town Center mortgaged property (2,800 square feet), representing 4.1% of the mortgage loan net rentable square feet, may terminate its lease if sales for any 12 consecutive months are less than $490,000, upon proving 30 days’ written notice within 90 days’ of the end of the 12 month period.  The fifth largest tenant at the Spring Lake Town Center mortgaged property (2,000 square feet), representing 2.9% of net rentable square feet, may terminate its lease on April 30, 2015 upon providing 120 days’ written notice and payment of two months base rent and all unamortized tenant improvements and leasing commissions.
 
 
 

 
 
WFRBS Commercial Mortgage Trust 2014-C23
   
     
  FOOTNOTES TO ANNEX A  
 
 
For mortgage loan #55 (Walgreens – Albuquerque), the only tenant (14,560 square feet), representing 100% of net rentable square feet, may terminate its lease on August 31, 2029 and every five years thereafter, upon providing six months’ written notice.
                     
(18)
For mortgage loan #7 (Homewood Suites – New Orleans), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the Monthly Replacement Reserve immediately prior to the adjustment and 1/12th of 4% of operating income from the prior fiscal year.
                     
 
For mortgage loan #14 (Courtyard by Marriott – Orlando), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the Monthly Replacement Reserve immediately prior to the adjustment and 1/12th of 4% of revenue from the prior fiscal year.
                     
 
For mortgage loans #22 (Holiday Inn Express – Flint and Fairfield Inn Madison), #42 (La Quinta - Lexington), and #47 (Comfort Suites - Wilmington), the Monthly Replacement Reserve, to be adjusted annually each January, is equal to the greater of (1) 1/12th of 4% of the actual annual gross income and (2) such amount required by the related franchisor, but in no event may the Monthly Replacement Reserve be less than the initial Monthly Replacement Reserve.
                     
 
For Mortgage Loan #26 (Hampton Inn & Suites Lenox), the Monthly Replacement Reserve, to be adjusted each January, is equal to 1/12th of 4% of the actual annual gross income.
                     
(19)
For mortgage loan #3 (Columbus Square Portfolio), the Monthly TI/LC Reserve commences on the January 2018 payment date.
                     
(20)
For mortgage loan #14 (Courtyard by Marriott – Orlando), the Other Escrow I Monthly payment is only required from January through April of each year in the loan term.
                     
 
For mortgage loan #76 (Shops on Veterans), the Other Escrow I Monthly payment adjusts to $19,965 on the October 2019 payment date.
                     
(21)
For mortgage loan #20 (Corridors Deer Valley), once the largest tenant (41,070 square feet), representing 25.0% of net rentable square feet, has taken occupancy of their space, is open and paying full, unabated rent, the Other Escrow II can be used as follows: (i) first, for capital expenditures, to the extent that the Replacement Reserve escrow has been exhausted; (ii) second, for tenant improvements and leasing commissions, to the extent that the TI/LC  escrow has been exhausted; or (iii) third, for payment of all or part of monthly debt service on the mortgage loan.
                     
(22)
With respect to the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness, the Whole Loan Cut-off Date Balance equals the sum of the Cut-off Date Balance of the WFRBS 2014-C23 Trust mortgage loan plus the balance of the existing subordinate loan, assuming the existing subordinate loan amount is fully advanced and the entire amount thereof is outstanding as of the Cut-off Date.
                     
(23)
The Whole Loan Debt Service, Whole Loan U/W NOI DSCR and Whole Loan U/W NCF DSCR for the mortgage loans secured by residential cooperative properties that have existing subordinate secured debt are calculated assuming (i) that interest on the subordinate secured indebtedness is accruing pursuant to the applicable loan document (with the applicable interest rate determined using 1-month LIBOR in effect as of September 3, 2014 and giving effect to any applicable interest rate floor), (ii) that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date and (iii) that the initial interest-only period for such subordinate secured indebtedness has expired and the related borrower is required to make scheduled principal plus interest payments as set forth in the corresponding promissory note.
                     
(24)
The Subordinate Secured Debt Original Balance for the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness indicates as if the existing subordinate loan amount is fully advanced on the date of closing of said subordinate loan.
                     
(25)
With respect to the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness, the Subordinate Secured Debt Cut-off Date Balance indicates the balance of the subordinate secured indebtedness as of September 3, 2014.
                     
(26)
The Whole Loan Cut-off Date LTV Ratio, Whole Loan Cut-off Date U/W NOI Debt Yield and Whole Loan Cut-off Date U/W NCF Debt Yield for the mortgage loans secured by residential cooperative properties that have existing subordinate secured indebtedness are calculated assuming that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date.
                     
(27)
The Mezzanine Debt Cut-off Date Balance reflects the allocated mezzanine loan for the Jordan Hospital Medical Office Mortgage Loan. The total $6.3 million mezzanine loan is secured by the interests in the borrower of the Jordan Hospital Medical Office Mortgage Loan and the Barrington Orthopedics Portfolio Mortgage Loan that was included in WFRBS 2014-C21.
                     
(28)
With respect to the mortgage loans secured by residential cooperative properties, each mortgaged property is owned by the borrower, which is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the loans, including pursuant to any guaranty or environmental indemnity.
                     
 
For mortgage loan #24 (Promenade Merced), the third largest tenant (3,292 square feet), representing 5.9% of net rentable square feet, is affiliated with the sponsor.
                     
 
For mortgage loan #52 (Renaissance Park I), the fourth largest tenant (4,730 square feet), representing 16.0% of net rentable square feet, is affiliated with the sponsor.