-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NtVbASCUD1mS2hza5GepmxziRLasmZhLFDa6XmEtSPW4MlMUyEpyTKuNIjuawtwZ gU8DzUokbePsEBtI0Jzemg== 0000914121-02-000347.txt : 20020607 0000914121-02-000347.hdr.sgml : 20020607 20020329160504 ACCESSION NUMBER: 0000914121-02-000347 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020327 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020329 DATE AS OF CHANGE: 20020605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GE CAPITAL COMMERCIAL MORTGAGE CORP CENTRAL INDEX KEY: 0001123730 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-81262 FILM NUMBER: 02594494 BUSINESS ADDRESS: STREET 1: 292 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 MAIL ADDRESS: STREET 1: 292 LONG RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06927 8-K 1 ge643906v2_8k.txt CURRENT REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: March 27, 2002 (Date of earliest event reported) Commission File No.: 333-81262 GE Capital Commercial Mortgage Corporation (Exact name of registrant as specified in its charter) - -------------------------------------------------------------------------------- Delaware 22-3755203 - -------------------------------------------------------------------------------- (State or Other Jurisdiction (I.R.S. Employer of Incorporation) Identification No.) 292 Long Ridge Road, Stamford, Connecticut 06927 - -------------------------------------------------------------------------------- (Address of Principal Executive Office) (Zip Code) (203) 357-4000 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) ITEM 5. Other Events. Attached as Exhibit 99.1 to this Current Report are certain term sheets (the "Structural and Collateral Term Sheet") furnished to the Registrant by Deutsche Bank Securities Inc. (the "Underwriter"), the underwriter in respect of the Registrant's Commercial Mortgage Pass-Through Certificates, Series 2002-1 (the "Certificates"). The Certificates are being offered pursuant to a Prospectus and related Prospectus Supplement (together, the "Prospectus"), which will be filed with the Commission pursuant to Rule 424(b)(5) under the Securities Act of 1933, as amended (the "Act"). The Certificates have been registered pursuant to the Act under a Registration Statement on Form S-3 (No. 333-81262) (the "Registration Statement"). The Registrant hereby incorporates the Structural and Collateral Term Sheet by reference in the Registration Statement. The Structural and Collateral Term Sheet was prepared solely by the Underwriter, and the Registrant did not prepare or participate in the preparation of the Structural and Collateral Term Sheet. Any statement or information contained in the Structural and Collateral Term Sheet shall be deemed to be modified or superseded for purposes of the Prospectus and the Registration Statement by statements or information contained in the Prospectus. ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits Exhibit No. Description ----------- ----------- 99.1 Structural and Collateral Term Sheet Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the Registrant by the undersigned thereunto duly authorized. GE CAPITAL COMMERCIAL MORTGAGE CORPORATION By: /s/ Daniel Vinson ------------------------------------- Name: Daniel Vinson Title: Authorized Signatory Date: March 29, 2002 INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) - ----------- ----------- --------------- 99.1 Structural and Collateral Term Sheet E EX-99.1 3 ge643906v2_exh99-1.txt STRUCTURAL AND COLLATERAL TERM SHEET EXHIBIT 99.1 DEUTSCHE BANK March 27, 2002 BEAR STEARNS [GRAPHIC OMITTED] CMBS NEW ISSUE COLLATERAL TERM SHEET ---------------------- $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 ---------------------- GENERAL ELECTRIC CAPITAL CORPORATION GERMAN AMERICAN CAPITAL CORPORATION BEAR, STEARNS FUNDING, INC. BEAR STEARNS COMMERCIAL MORTGAGE, INC. AS MORTGAGE LOAN SELLERS
APPROX. SIZE INITIAL RATINGS SUBORDINATION PRINCIPAL WINDOW ASSUMED FINAL CLASS (FACE) PASS-THROUGH RATE (MOODY'S/FITCH) LEVELS WAL (YRS.) (MO.) DISTRIBUTION DATE - --------------------------------------------------------------------------------------------------------------------- A-1 $235,605,000 [ ]% Aaa/AAA 20.000% 5.70 1-111 7/10/2011 - --------------------------------------------------------------------------------------------------------------------- A-2 $595,249,000 [ ]% Aaa/AAA 20.000% 9.69 111-120 4/10/2012 - --------------------------------------------------------------------------------------------------------------------- B $36,349,000 [ ]% Aa2/AA 16.500% 9.96 120-120 4/10/2012 - --------------------------------------------------------------------------------------------------------------------- C $22,070,000 [ ]% A1/A+ 14.375% 9.96 120-120 4/10/2012 - --------------------------------------------------------------------------------------------------------------------- D $16,877,000 [ ]% A2/A 12.750% 9.96 120-120 4/10/2012 - --------------------------------------------------------------------------------------------------------------------- E $10,385,000 [ ]% A3/A- 11.750% 9.96 120-120 4/10/2012 - ---------------------------------------------------------------------------------------------------------------------
DEUTSCHE BANK BEAR, STEARNS & CO. INC. Co-Lead and Joint Bookrunning Manager Co-Lead and Joint Bookrunning Manager JPMORGAN MERRILL LYNCH & CO. SALOMON SMITH BARNEY INC. Co-Manager Co-Manager Co-Manager This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 1 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 TRANSACTION FEATURES - -------------------- - - Sellers: - ---------------------------------------------------------------------------- NO. OF CUT OFF DATE % OF SELLERS LOANS BALANCE ($) POOL - ---------------------------------------------------------------------------- General Electric Capital Corporation 94 624,269,945 60.11 German American Capital Corporation 26 233,184,944 22.45 Bear, Stearns Funding, Inc. 13 148,041,536 14.25 Bear Stearns Commercial Mortgage, Inc. 4 33,071,218 3.18 - ---------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - ---------------------------------------------------------------------------- - - Loan Pool: o Average Cut-off Date Balance: $7,580,786 o Largest Mortgage Loan by Cut-off Date Balance: $57,516,449 o Five largest and ten largest loans: 16.5% and 27.0% of pool, respectively o Shadow Rating: The largest loan in the pool, which represents 5.54% of the pool, is shadow rated A3 and BBB+ by Moody's and Fitch, respectively o Largest Sponsor Concentration for Multiple Loans: 5.19% of pool, 3.48x Weighted average underwritten DSCR, 32.8% Weighted average cut-off date LTV, which according to Moody's and Fitch, are LTV and DSCR characteristics consistent with "Aaa/AAA" leverage - - Credit Statistics: o Weighted average underwritten DSCR of 1.48% o Weighted average cut-off date LTV ratio of 71.1%; weighted average balloon LTV ratio of 58.3% - - Property Types: o Retail 35.95% o Office 27.28% o Multifamily 24.85% o Self Storage 7.66% o Manufactured Housing 2.47% o Industrial 1.28% o Hotel 0.50% [graphic omitted] - - Call Protection: (as applicable) o 93.20% of the pool (132 loans) have a lockout period ranging from 24 to 47 payments from origination, then defeasance provisions. o 6.27% of the pool (4 loans) have a lockout period ranging from 12 to 60 payments from origination, then yield maintenance. o 0.52% of the pool (1 loan) provides for yield maintenance with no lockout period. - - Bond Information: Cash flows are expected to be modeled by TREPP, CONQUEST and INTEX and are expected to be available on BLOOMBERG. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 2 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 OFFERED CERTIFICATES - --------------------
- --------------------------------------------------------------------------------------------------------------------------------- INITIAL PRINCIPAL ASSUMED FINAL INITIAL CERTIFICATE SUBORDINATION RATINGS AVERAGE LIFE WINDOW DISTRIBUTION PASS-THROUGH CLASS BALANCE(1) LEVELS (MOODY'S/FITCH) (YRS.)(2) (MO.)(2) DATE(2) RATE(3) - --------------------------------------------------------------------------------------------------------------------------------- A-1 $ 235,605,000 20.000% Aaa / AAA 5.70 1-111 7/10/2011 [_]% - --------------------------------------------------------------------------------------------------------------------------------- A-2 $ 595,249,000 20.000% Aaa / AAA 9.69 111-120 4/10/2012 [_]% - --------------------------------------------------------------------------------------------------------------------------------- B $ 36,349,000 16.500% Aa2 / AA 9.96 120-120 4/10/2012 [_]% - --------------------------------------------------------------------------------------------------------------------------------- C $ 22,070,000 14.375% A1 / A+ 9.96 120-120 4/10/2012 [_]% - --------------------------------------------------------------------------------------------------------------------------------- D $ 16,877,000 12.750% A2 / A 9.96 120-120 4/10/2012 [_]% - --------------------------------------------------------------------------------------------------------------------------------- E $ 10,385,000 11.750% A3 / A- 9.96 120-120 4/10/2012 [_]% - ---------------------------------------------------------------------------------------------------------------------------------
PRIVATE CERTIFICATES(4) - --------------------
- --------------------------------------------------------------------------------------------------------------------------------- INITIAL PRINCIPAL ASSUMED FINAL INITIAL CERTIFICATE SUBORDINATION RATINGS (MOODY'S AVERAGE LIFE NOTIONAL WINDOW DISTRIBUTION PASS-THROUGH CLASS BALANCE(1)(5) LEVELS / FITCH) (YRS.)(2) (MO.)(2) DATE(2) RATE(3) - --------------------------------------------------------------------------------------------------------------------------------- X-1 $1,038,567,644 Aaa / AAA 3/10/2017 Variable - --------------------------------------------------------------------------------------------------------------------------------- X-2 $ 825,087,000 Aaa / AAA 4/10/2009 Variable - --------------------------------------------------------------------------------------------------------------------------------- F $ 12,983,000 10.500% Baa1 / BBB+ 9.96 120-120 4/10/2012 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- G $ 18,174,000 8.750% Baa2 / BBB 9.96 120-120 4/10/2012 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- H $ 10,386,000 7.750% Baa3 / BBB- 9.96 120-120 4/10/2012 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- J $ 18,175,000 6.000% Ba1 / BB+ 9.96 120-120 4/10/2012 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- K $ 16,877,000 4.375% Ba2 / BB 9.96 120-120 4/10/2012 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- L $ 6,491,000 3.750% Ba3 / BB- 9.96 120-120 4/10/2012 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- M $ 7,789,000 3.000% B1 / B+ 10.16 120-129 1/10/2013 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- N $ 10,386,000 2.000% B2 / B 11.62 129-150 10/10/2014 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- O $ 5,193,000 1.500% B3 / B- 12.86 150-159 7/10/2015 [ ]% - --------------------------------------------------------------------------------------------------------------------------------- P $ 15,578,644 0.000% NR / NR 14.18 159-179 3/10/2017 [ ]% - ---------------------------------------------------------------------------------------------------------------------------------
Notes: (1) Subject to a permitted variance of plus or minus 10%. (2) Based on the structuring assumptions, assuming 0% CPR, described in the Prospectus Supplement. (3) The Class A-1 Certificates will accrue interest at a fixed rate. The Class A-2, B, C, D, E, F, G and H Certificates will accrue interest at either (i) at a fixed rate, (ii) at a fixed rate subject to a Net WAC cap, (iii) at a rate equal to the Net WAC less a specified percentage or (iv) at a rate equal to the Net WAC. The Class J, K, L, M, N, O and P Certificates with accrue interest at a fixed rate subject to a Net WAC Cap. (4) Certificates to be offered privately pursuant to Rule 144A. (5) The Class X-1 Notional Amount is equal to the sum of all Certificate Balances outstanding from time to time. The Class X-2 Notional Amount at any time on or before the Distribution Date occurring in August 2005 is equal to the sum of the Certificate Balances of the Class A-2, Class B, Class C, Class D, Class E, Class F and Class G Certificates and the deemed Certificate Balance of a component (the "Class A-1B Component") of the Class A-1 Certificates representing an initial Certificate Balance equal to [$113,000,000], which component is assumed to be entitled to principal distributions only after the deemed Certificate Balance of another component (the "Class A-1A Component"), representing an initial Certificate Balance equal to [$122,605,000] has been reduced to zero. After the August 2005 Distribution Date and on or before the Distribution Date occurring in April 2007 the Class X-2 Notional Amount is equal to the sum of the Certificate Balances of the Class A-2, Class B, Class C, Class D, Class E, Class F and Class G Certificates. After the April 2007 Distribution Date and on or before the Distribution Date occurring in April 2009 the Class X-2 Notional Amount is equal to the sum of the Certificate Balances of the Class B, Class C, Class D, Class E and Class F Certificates and the deemed Certificate Balance of a component (the "Class A-2B Component") of the Class A-2 Certificates representing an initial Certificate Balance equal to [$515,400,000], which component is assumed to be entitled to principal distributions only after the deemed Certificate Balance of another component (the "Class A-2A Component"), representing an initial Certificate Balance equal to [$79,849,000] has been reduced to zero and (ii) the deemed Certificate Balance of a component (the "Class G-B Component") of the Class G Certificates representing an initial Certificate Balance equal to [$2,400,000], which component is assumed to be entitled to principal distributions only after the deemed Certificate Balance of another component (the "Class G-A Component"), representing an initial Certificate Balance equal to [$15,774,000] has been reduced to zero. After April 2009 the Notional Amount of the Class X-2 Certificates will be equal to zero. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 3 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 I. ISSUE CHARACTERISTICS --------------------- ISSUE TYPE: Public: Classes A-1, A-2, B, C, D and E (the "Offered Certificates"). Private (Rule 144A): Classes X-1, X-2, F, G, H, J, K, L, M, N, O and P. SECURITIES OFFERED: $916,535,000 monthly pay, multi-class, sequential pay commercial mortgage REMIC Pass-Through Certificates, consisting of six fixed-rate principal and interest classes (Classes A-1, A-2, B, C, D and E). SELLERS: General Electric Capital Corporation; German American Capital Corporation; Bear, Stearns Funding, Inc.; and Bear Stearns Commercial Mortgage, Inc. CO-LEAD BOOKRUNNING MANAGERS: Deutsche Bank Securities Inc. and Bear, Stearns & Co., Inc. CO-MANAGERS: J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. MASTER SERVICER: GEMSA Loan Services, L.P. PRIMARY SERVICER: GEMSA Loan Services, L.P. SPECIAL SERVICER: GMAC Commercial Mortgage Corporation TRUSTEE: Wells Fargo Bank Minnesota, N.A. CUT-OFF DATE: April 1, 2002. EXPECTED CLOSING DATE: On or about April 24, 2002. DISTRIBUTION DATES: The 10th of each month, commencing in May 2002 (or if the 10th is not a business day, the next succeeding business day). MINIMUM DENOMINATIONS: $10,000 for the Offered Certificates and in multiples of $1 thereafter. SETTLEMENT TERMS: DTC, Euroclear and Clearstream, same day funds, with accrued interest. ERISA/SMMEA STATUS: Classes A-1, A-2, B, C, D and E are expected to be ERISA eligible. No Class of Certificates is SMMEA eligible. RATING AGENCIES: The Offered Certificates will be rated by Moody's and Fitch. RISK FACTORS: THE CERTIFICATES INVOLVE CERTAIN RISKS AND MAY NOT BE SUITABLE FOR ALL INVESTORS. SEE THE "RISK FACTORS" SECTION OF THE PROSPECTUS SUPPLEMENT AND THE "RISK FACTORS" SECTION OF THE PROSPECTUS. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 4 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 II. STRUCTURE CHARACTERISTICS The Class A-1 Certificates are fixed-rate, monthly pay, multi-class, sequential pay REMIC Pass-Through Certificates. The Class A-2, B, C, D, E, F, G and H Certificates will accrue interest either (i) at a fixed rate, (ii) at a fixed rate subject to a Net WAC cap, (iii) at a rate equal to the Net WAC less a specified percentage or (iv) at a rate equal to the Net WAC. The Class J, K, L, M, N, O and P Certificates with accrued interest at a fixed rate subject to a Net WAC Cap. The Class X-1 and X-2 Certificates will accrue interest at a variable rate. All Classes of Certificates derive their cash flows from the entire pool of Mortgage Loans. Class A-1 Aaa / AAA [graphic ommitted] $235.6MM [legend omitted] [TBD%] Class A-2 Aaa / AAA [graphic ommitted] $595.2MM [TBD%] Class B Aa2 / AA [graphic ommitted] $36.3MM [TBD%] Class C A1 / A+ [graphic ommitted] $22.1MM [TBD%] Class D A2 / A [graphic ommitted] $16.9MM [TBD%] Class E A3 / A- [graphic ommitted] $10.4MM [TBD%] Class F(1) Baa1 / BBB+ [graphic ommitted] $13.0MM [TBD%] Class G(1) Baa2 / BBB [graphic ommitted] $18.2MM [TBD%] Class H(1) Baa3 / BBB- [graphic ommitted] $10.4MM [NWAC] Classes J-P(1) Ba1 / BB+ to NR [graphic ommitted] $80.5MM [TBD%] NR=NOT RATED (1) Offered privately pursuant to Rule 144A. (1) The Class X-1 Notional Amount is equal to the sum of all Certificate Balances outstanding from time to time. The Class X-2 Notional Amount at any time on or before the Distribution Date occurring in August 2005 is equal to the sum of the Certificate Balances of the Class A-2, Class B, Class C, Class D, Class E, Class F and Class G Certificates and the deemed Certificate Balance of a component (the "Class A-1B Component") of the Class A-1 Certificates representing an initial Certificate Balance equal to [$113,000,000], which component is assumed to be entitled to principal distributions only after the deemed Certificate Balance of another component (the "Class A-1A Component"), representing an initial Certificate Balance equal to [$122,605,000] has been reduced to zero. After the August 2005 Distribution Date and on or before the Distribution Date occurring in April 2007 the Class X-2 Notional Amount is equal to the sum of the Certificate Balances of the Class A-2, Class B, Class C, Class D, Class E, Class F and Class G Certificates. After the April 2007 Distribution Date and on or before the Distribution Date occurring in April 2009 the Class X-2 Notional Amount is equal to the sum of the Certificate Balance of the Class B, Class C, Class D, Class E and Class F Certificates and the deemed Certificate Balance of a component (the "Class A-2B Component") of the Class A-2 Certificates representing an initial Certificate Balance equal to [$515,400,000], which component is assumed to be entitled to principal distributions only after the deemed Certificate Balance of another component (the "Class A-2A Component"), representing an initial Certificate Balance equal to [$79,849,000] has been reduced to zero and (ii) the deemed Certificate Balance of a component (the "Class G-B Component") of the Class G Certificates representing an initial Certificate Balance equal to [$2,400,000], which component is assumed to be entitled to principal distributions only after the deemed Certificate Balance of another component (the "Class G-A Component"), representing an initial Certificate Balance equal to [$15,774,000] has been reduced to zero . After April 2009 the Notional Amount of the Class X-2 Certificates will be equal to zero. THE FOREGOING TERMS AND STRUCTURAL CHARACTERISTICS OF THE CERTIFICATES ARE IN ALL RESPECTS SUBJECT TO THE MORE DETAILED DESCRIPTION THEREOF IN THE PROSPECTUS, PROSPECTUS SUPPLEMENT AND POOLING AND SERVICING AGREEMENT. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 5 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTFICATES SERIES 2002-1 III. COLLATERAL CHARACTERISTICS -------------------------- CUT-OFF DATE BALANCE ($) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 1,326,000-1,999,999 9 14,827,026 1.43 2,000,000-3,999,999 46 135,955,548 13.09 4,000,000-5,999,999 29 140,893,160 13.57 6,000,000-7,999,999 10 68,652,877 6.61 8,000,000-9,999,999 13 115,024,544 11.08 10,000,000-11,999,999 5 53,294,832 5.13 12,000,000-13,999,999 5 65,991,944 6.35 14,000,000-15,999,999 6 90,544,764 8.72 16,000,000-17,999,999 1 16,471,319 1.59 18,000,000-19,999,999 3 56,037,617 5.40 20,000,000-29,999,999 7 161,774,608 15.58 30,000,000-57,516,449 3 119,099,406 11.47 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: $1,326,564 Max: $57,516,449 Average: $7,580,786 - -------------------------------------------------------------------------------- MORTGAGE RATE (%) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 6.1600 - 6.9999 25 247,967,147 23.88 7.0000 - 7.0999 12 77,686,954 7.48 7.1000 - 7.1999 14 83,641,911 8.05 7.2000 - 7.2999 17 85,775,821 8.26 7.3000 - 7.3999 13 200,510,737 19.31 7.4000 - 7.4999 17 118,417,529 11.40 7.5000 - 7.5999 14 52,154,998 5.02 7.6000 - 7.6999 12 81,157,025 7.81 7.7000 - 7.7999 7 47,033,884 4.53 7.8000 - 7.8999 3 26,134,000 2.52 7.9000 - 7.9999 1 3,182,666 0.31 8.0000 - 8.0999 1 11,932,793 1.15 8.8000 - 8.8999 1 2,972,178 0.29 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: 6.1600 Max: 8.8670 Wtd Avg: 7.2330 - -------------------------------------------------------------------------------- CUT-OFF DATE LOAN-TO-VALUE RATIO (%) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 19.00 - 40.00 7 53,900,000 5.19 40.01 - 50.00 6 16,661,146 1.60 50.01 - 60.00 11 50,292,495 4.84 60.01 - 65.00 13 75,647,907 7.28 65.01 - 70.00 13 53,396,301 5.14 70.01 - 75.00 38 295,107,376 28.41 75.01 - 80.00 48 479,862,420 46.20 80.01 - 80.59 1 13,700,000 1.32 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: 19.19 Max: 80.59 Wtd Avg: 71.08 - -------------------------------------------------------------------------------- STATE - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGED CUT-OFF DATE % OF PROPERTIES BALANCE ($) POOL - -------------------------------------------------------------------------------- Texas 21 153,959,266 14.8 California 22 116,930,356 11.3 Maryland 18 100,400,660 9.7 Virginia 12 75,935,007 7.3 New Jersey 6 70,379,785 6.8 Florida 9 64,997,990 6.3 Massachussets 5 60,012,962 5.8 Michigan 1 57,516,449 5.5 New York 7 41,240,003 4.0 North Carolina 6 40,130,802 3.9 Georgia 3 39,794,841 3.8 Other States (c) 33 217,269,523 20.9 - -------------------------------------------------------------------------------- TOTAL: 143 1,038,567,644 100.00 - -------------------------------------------------------------------------------- (c) Includes 17 states ORIGINAL TERM TO STATED MATURITY (MOS) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 56 - 60 4 32,929,195 3.17 61 - 84 3 43,709,129 4.21 85 - 120 127 896,263,602 86.30 121 - 180 3 65,665,719 6.32 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: 60 Max: 180 Wtd Avg: 120 - -------------------------------------------------------------------------------- LOAN-TO-VALUE RATIO AT MATURITY (%) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 0.00 - 20.00 3 64,985,320 6.26 20.01 - 30.00 3 21,200,000 2.04 30.01 - 40.00 6 34,927,727 3.36 40.01 - 50.00 13 54,057,210 5.20 50.01 - 55.00 16 69,512,177 6.69 55.01 - 60.00 13 81,768,254 7.87 60.01 - 65.00 20 128,664,311 12.39 65.01 - 70.00 50 489,915,489 47.17 70.01 - 75.48 13 93,537,157 9.01 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: 0.00 Max: 75.48 Wtd Avg: 58.34 - -------------------------------------------------------------------------------- PROPERTY TYPE - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGED CUT-OFF DATE % OF PROPERTIES BALANCE ($) POOL - -------------------------------------------------------------------------------- Retail (d) 46 373,397,715 35.95 Office 28 283,342,098 27.28 Multifamily 33 258,065,275 24.85 Self Storage 26 79,593,499 7.66 Manufactured Housing 7 25,677,364 2.47 Industrial 2 13,270,143 1.28 Hotel 1 5,221,551 0.50 - -------------------------------------------------------------------------------- TOTAL: 143 1,038,567,644 100.00 - -------------------------------------------------------------------------------- (d) Includes anchored, shadow anchored and unanchored REMAINING TERM TO STATED MATURITY (MOS) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 56 - 60 4 32,929,195 3.17 79 - 84 3 43,709,129 4.21 100 - 120 127 896,263,602 86.30 176 - 179 3 65,665,719 6.32 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: 56 Max: 179 Wtd Avg: 117 - -------------------------------------------------------------------------------- DEBT SERVICE COVERAGE RATIOS (x) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- 1.200 - 1.249 9 124,441,923 11.98 1.250 - 1.299 33 322,915,188 31.09 1.300 - 1.349 26 228,985,662 22.05 1.350 - 1.399 20 87,040,697 8.38 1.400 - 1.449 11 62,647,055 6.03 1.450 - 1.499 4 19,740,084 1.90 1.500 - 1.549 5 32,689,567 3.15 1.550 - 1.599 6 24,188,852 2.33 1.600 - 1.649 2 23,242,000 2.24 1.650 - 1.699 3 5,633,110 0.54 1.700 - 1.749 1 4,047,582 0.39 1.750 - 5.640 17 102,995,924 9.92 - -------------------------------------------------------------------------------- TOTAL: 137 1,038,567,644 100.00 - -------------------------------------------------------------------------------- Min: 1.22 Max: 5.64 Wtd Avg: 1.48 - -------------------------------------------------------------------------------- LOANS WITH RESERVE REQUIREMENTS(a) - -------------------------------------------------------------------------------- NO. OF AGGREGATE MORTGAGE CUT-OFF DATE % OF LOANS BALANCE ($) POOL - -------------------------------------------------------------------------------- Replacement 118 889,397,403 85.64 Taxes 128 945,690,479 91.06 Insurance 109 771,244,117 74.26 TI/LC 58 546,036,009 81.50(b) - -------------------------------------------------------------------------------- (a) Includes loans with provisions for upfront and/or collected reserves. (b) Percentage based only on portion of pool secured by office, retail and industrial properties. All numerical information concerning the mortgage loans is approximate. All weighted average information regarding the mortgage loans reflects the weighting of the loans based on their outstanding principal balances as of the Cut-off Date. State and Property Type tables reflect allocated loan amounts in the case of mortgage loans secured by multiple properties. Original and Remaining Term to Stated Maturity tables are based on the APD for APD loans. Sum of Columns may not match "Total" due to rounding. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 6 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 IV. LARGE LOAN DESCRIPTION ---------------------- TEN LARGEST LOANS -----------------
NO. PROPERTY CITY STATE PROPERTY CUT-OFF DATE % OF UNITS/SF LOAN PER U/W CUT-OFF BALLOON NAME TYPE BALANCE POOL UNIT/SF DSCR DATE LTV LTV 1. 15555 Lundy Dearborn MI Office $57,516,449 5.54% 453,281 $126.89 1.22x(1) 76.69% 0.00% Parkway 2. Scholls Ferry Beaverton OR Retail/Office $31,000,000 2.98% 203,235 $152.53 1.28x 74.70% 66.20% Boulevard 3. Fresh Pond Cambridge MA Retail $30,582,957 2.94% 212,708 $143.78 1.35x 71.46% 62.98% Shopping Center 4. Plaza at Cedar Cedar Hill TX Retail $27,951,483 2.69% 299,859 $93.22 1.26x 78.52% 69.24% Hill-MCA 5. Inverrary Gardens Lauderhill FL Multifamily $23,984,766 2.31% 513 $46,754 1.27x 74.95% 65.35% Apartments 6. Cameron Crossing McKinney TX Retail $23,864,630 2.30% 234,912 $101.59 1.26x 76.98% 68.81% 7. 38 Chauncy Street Boston MA Office $22,200,005 2.14% 130,142 $170.58 1.23x 76.95% 68.06% 8. Rookwood Office Norwood OH Office $21,427,919 2.06% 166,148 $128.97 1.27x 77.59% 68.69% Tower 9. Gates of Arlington VA Multifamily $21,345,805 2.06% 465 $45,905 1.31x 75.96% 66.19% Arlington Apartments 10. Potomac Place Potomac MD Retail $21,000,000 2.02% 79,438 $264.36 1.64x 63.06% 58.01% Shopping Center TOTAL/WEIGHTED $280,874,015 27.04% 1.30x 74.97% 52.47% AVERAGES
(1) DSCR is based on a structured lease to a tenant rated Baa1/BBB+/BBB+ by Moody's, S&P and Fitch, respectively, and mortgage payment schedule based on a 15 year amortization schedule, which maintains a constant DSCR of at least 1.22x throughout the entire 15 year loan term. SPONSOR CONCENTRATION IN EXCESS OF 5.0% FOR MULTIPLE LOANS(1) -------------------------------------------------------------
NO. PROPERTY CITY STATE PROPERTY CUT-OFF DATE % OF UNITS LOAN PER U/W CUT-OFF BALLOON NAME TYPE BALANCE POOL UNIT DSCR DATE LTV LTV 1. London Park Towers Alexandria VA Multifamily $15,000,000 1.44% 494 $30,364.37 2.81x 37.50% 31.96% Apartments 2. Londonderry Gaithersburg MD Multifamily $12,000,000 1.16% 535 $22,429.91 3.39x 32.09% 27.34% Apartments 3. Top of the Hill Temple Hills MD Multifamily $7,100,000 0.68% 444 $15,990.99 3.08x 35.86% 30.56% Apartments 4. Kirkwood Apartments Hyattsville MD Multifamily $5,700,000 0.55% 669 $8,520.18 5.64x 19.19% 16.36% 5. Wayne Manchester Silver Springs MD Multifamily $4,900,000 0.47% 229 $21,397.38 3.00x 38.28% 32.62% Apartments 6. Gateway Square Temple Hills MD Multifamily $4,600,000 0.44% 297 $15,488.22 3.83x 30.87% 26.31% Apartments 7. Lansdowne Village Landover MD Multifamily $4,600,000 0.44% 349 $13,180.52 3.99x 27.71% 23.62% Apartments TOTAL/WEIGHTED $53,900,000 5.19% 3,017 $17,865.43 3.48x 32.81% 27.96% AVERAGES
(1) These loans are not cross-collateralized or cross-defaulted. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 7 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- SPONSOR CONCENTRATION IN EXCESS OF 5.0% FOR MULTIPLE LOANS -- KAY LOANS(2) - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: German American Capital Corporation ORIGINAL AGGREGATE BALANCE: $53,900,000 CUT-OFF DATE AGGREGATE BALANCE: $53,900,000 FIRST PAYMENT DATE: 5/01/2002 INTEREST RATE: 6.160% AMORTIZATION: 360 months APD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 4/01/2012 EXPECTED MATURITY AGGREGATE BALANCE: $45,933,969 SPONSOR(S): Jack Kay and Ina Kay INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24-month lockout from date of securitization with defeasance thereafter until three months prior to loan maturity. CUT-OFF DATE LOAN PER UNIT: $17,865.43 AGGREGATE UP-FRONT RESERVES: RE Tax: $860,730 Insurance: $532,395 Engineering: $77,188 AGGREGATE ONGOING RESERVES: RE Tax: $105,485/month Insurance: $25,081/month LOCKBOX: NAP ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Concentration of Non-Crossed Loans PROPERTIES TYPE: Multifamily PROPERTY SUB-TYPE: Conventional LOCATION: Various YEAR BUILT/RENOVATED: Various/2001 OCCUPANCY: (1) 97.1% AGGREGATE UNITS: 3,017 THE COLLATERAL: Newly-renovated multifamily complexes located in Maryland and Virginia OWNERSHIP INTEREST: Fee PROPERTY MANAGEMENT: Kay Management AGGREGATE U/W NET CASH FLOW: $13,723,109 AGGREGATE APPRAISED VALUE: $171,200,000 WEIGHTED-AVG CUT-OFF DATE LTV: 32.8% WEIGHTED-AVG MATURITY DATE LTV: 28.0% WEIGHTED-AVG U/W DSCR: 3.48x ================================================================================ (1) Weighted average occupancy as of 1/01/2002. (2) The above concentration of loans are not cross-collateralized or cross-defaulted. THE KAY LOANS THE LOANS. The largest sponsor concentration for multiple loans is the Kay Portfolio. The loans are evidenced by individual promissory notes secured by first priority non-cross-collateralized and non-cross-defaulted mortgages and assignments of leases on seven multifamily properties located in Virginia and Maryland. The loans have been structured with escrows for taxes and insurance. According to Moody's and Fitch, the concentration of loans has LTV and DSCR characteristics that are consistent with Aaa/AAA leveraged loans. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 8 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1
CUT-OFF DATE CUT-OFF DATE LOAN/PROPERTY NAME CITY STATE BALANCE UNITS U/W DSCR LTV BALLOON LTV - ------------------------------------------------------------------------------------------------------------------------------------ London Park Towers Apartments Alexandria VA $15,000,000 494 2.81x 37.50% 31.96% Londonderry Apartments Gaithersburg MD $12,000,000 535 3.39x 32.09% 27.34% Top of the Hill Apartments Temple Hills MD $7,100,000 444 3.08x 35.86% 30.56% Kirkwood Apartments Hyattsville MD $5,700,000 669 5.64x 19.19% 16.36% Wayne Manchester Apartments Silver Springs MD $4,900,000 229 3.00x 38.28% 32.62% Gateway Square Apartments Temple Hills MD $4,600,000 297 3.83x 30.87% 26.31% Lansdowne Village Apartments Landover MD $4,600,000 349 3.99x 27.71% 23.62% TOTAL/WEIGHTED AVERAGES $53,900,000 3,017 3.48X 32.81% 27.96%
THE BORROWERS. The borrowers are single purpose entities (except with respect to the Lansdowne Village and Gateway Square borrower) whose purpose is restricted to the operation of the respective property. Jack and Ina Kay are the sponsors of the borrowers. Jack Kay has over 40 years of real estate experience as both an owner and manager of multifamily properties. As of 11/27/2001, Jack and Ina Kay's stated net worth was in excess of $100 million with liquidity in excess of $20 million. THE PROPERTIES. The Kay loans consist of multifamily apartment complexes located in Virginia and Maryland, within close proximity to Washington, D.C. The properties contain a total of 3,017 units. All of the properties were significantly renovated in 2001 at a cost of approximately $6.3 million. The Properties' amenities include clubhouse buildings, fitness centers, swimming pools, saunas, picnic areas & grills, tennis courts, racquetball courts and gated entryways. Individual unit amenities include fully equipped kitchens, ranges/ovens, ceiling fans and dishwashers. Units also have large patios or balconies. There are a total of 3,703 parking spaces (1.25 spaces per collateral unit). PROPERTY MANAGEMENT. Kay Management, a borrower affiliated management company, will continue to manage the properties. Mr. Kay's experience is complemented by the CFO of Kay Management, Mike Federici. Mr. Federici has over 20 years of real estate experience and has been employed by Kay Management for over three years. Kay Management currently has 35 multifamily properties under management containing over 12,000 units. Of the 35 properties, Jack and Ina Kay own 29 and provide third-party management for the remaining 6 properties. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. However, HGLC Associates, L.L.P., the owner of the Lansdowne Village and Gateway Square properties, is not prohibited from incurring debt secured by other properties it owns, or may own in the future, outside of the subject properties shown above. ADDITIONAL INDEBTEDNESS. Not allowed. However, HGLC Associates, L.L.P., the owner of the Lansdowne Village and Gateway Square properties, is not prohibited from incurring additional unsecured debt. [pictures omitted] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 9 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 1 -- 15555 LUNDY PARKWAY - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: Bear, Stearns Funding, Inc. SHADOW RATING: A3/BBB+ ORIGINAL BALANCE: $58,000,000 CUT-OFF DATE BALANCE: $57,516,449 FIRST PAYMENT DATE: 1/01/2002 INTEREST RATE: 7.300% AMORTIZATION: 180 months (1) APD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 12/01/2016 EXPECTED MATURITY BALANCE: $0 SPONSOR(S): Ford Motor Land Development Corporation INTEREST CALCULATION: Actual/360 CALL PROTECTION: Defeasance with US Treasuries is permitted after the earlier of 24 months from the date of securitization or 3 years after the origination of the loan. CUT-OFF DATE LOAN PER SF: $126.89 UP-FRONT RESERVES: None ONGOING RESERVES:(2) RE Tax: Springing Insurance: Springing Replacement Springing LOCKBOX:(3) Hard ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Office PROPERTY SUB-TYPE: Suburban LOCATION: Dearborn, MI YEAR BUILT/RENOVATED: 1999/NAP OCCUPANCY:(4) 100.0% SQUARE FOOTAGE: 453.281 THE COLLATERAL: 2-story, Class A office building OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF RENT PSF(5) LEASE EXPIRATION - ------------- ------ ----------- ---------------- Ford Motor Company 100.0 $15.35 12/31/2016 PROPERTY MANAGEMENt: Ford Motor Land Development Corporation U/W NET CASH FLOW: $6,955,964 APPRAISED VALUE: $75,000,000 CUT-OFF DATE LTV: 76.7% MATURITY DATE LTV: 0.0% U/W DSCR:(6) 1.22x ================================================================================ (1) The loan is fully amortizing over a 15-year period utilizing a structured lease and mortgage payment schedule which incorporates yearly rental increases (see below for details). (2) Real Estate Tax, Insurance and Replacement Reserve escrows spring into place in the event Ford Motor Company's long term senior unsecured debt rating falls below BBB/Baa2 (a "Downgrade Event") or in the event of default under the lease with Ford Motor Company. Borrower has the right to cure a Downgrade Event once during the term of the loan, which will suspend all springing reserves. Cap Ex Reserves will spring at $4,155 per month. (3) A hard lockbox is in place with the tenant wiring monthly lease payments to an account directly controlled by the loan servicer. (4) Pursuant to a bond type, triple net lease with Ford Motor Company as described below. (5) The rent increases annually throughout the term of the loan in accordance with the structured lease and mortgage schedule. (6) DSCR is based on a structured lease and mortgage payment schedule, which maintains a constant DSCR of at least 1.22x throughout the entire 15 year loan term. THE 15555 LUNDY PARKWAY LOAN THE LOAN. The largest loan is evidenced by a promissory note secured by a first priority mortgage and assignment of lease on the 15555 Lundy Parkway office building located in Dearborn, Michigan. The loan is a 15-year, fully amortizing This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 10 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 loan secured by a bond type, triple net lease with Ford Motor company ("Ford"). The lease contains annual rental increases structured to maintain a constant DSCR of at least 1.22X throughout the loan term. - -------------------------------------------------------------------------------- YEAR LEASE PAYMENT PRINCIPAL INTEREST ENDING BALANCE ENDING LTV - -------------------------------------------------------------------------------- 1 $6,967,557.25 $1,473,009.38 $4,090,675.70 $56,526,990.62 75.37% 2 $7,106,908.17 $1,704,096.81 $4,126,814.11 $54,822,893.81 73.10% 3 $7,249,046.67 $1,943,558.72 $4,003,970.71 $52,879,335.09 70.51% 4 $7,394,027.83 $2,227,146.33 $3,839,333.81 $50,652,188.76 67.54% 5 $7,541,907.92 $2,523,223.22 $3,664,586.11 $48,128,965.54 64.17% 6 $7,692,745.92 $2,844,483.70 $3,467,081.76 $45,284,481.84 60.38% 7 $7,846,600.92 $3,183,306.52 $3,254,490.33 $42,101,175.32 56.13% 8 $8,003,533.00 $3,569,886.58 $2,996,666.20 $38,531,288.74 51.38% 9 $8,163,603.42 $3,979,134.12 $2,718,749.49 $34,552,154.62 46.07% 10 $8,326,876.00 $4,422,438.76 $2,409,402.99 $30,129,715.86 40.17% 11 $8,493,413.17 $4,896,170.37 $2,072,307.94 $25,233,545.49 33.64% 12 $8,663,281.75 $5,421,588.75 $1,686,259.37 $19,811,956.74 26.42% 13 $8,836,547.08 $5,983,834.34 $1,266,170.50 $13,828,122.40 18.44% 14 $9,013,278.16 $6,592,076.80 $802,928.20 $7,236,045.60 9.65% 15 $9,178,246.92 $7,236,045.60 $294,309.12 $0.00 0.00% - -------------------------------------------------------------------------------- THE BORROWER. The borrower is Lundy Parkway Property, LLC, a Delaware limited liability company that owns no material assets other than 15555 Lundy Parkway and related interests. The borrower is a special purpose entity, with two independent directors. The owner of the borrower is Ford Motor Land Development Corporation, which is wholly owned by Ford Holdings, Inc. which is, in turn, 100% owned by Ford Motor Company, the tenant. Ford (NYSE: F) is a publicly traded company based in Dearborn, Michigan and is the number two auto manufacturer in the world. It is ranked fourth in the 2001 Fortune 500 company listing. Ford's senior long term unsecured debt rating is currently Baa1/BBB+/BBB+ by Moody's, S&P and Fitch, respectively. Furthermore, upon Bear Stearns' request, both Moody's and Fitch factored into their analyses a stressed scenario involving a two notch downgrade in the rating of Ford's long term senior unsecured debt (i.e., to Baa3/BBB-). Therefore that scenario, if it were to happen, should not have an adverse impact on the ratings of any of the certificates. THE LEASE. The property is leased pursuant to a bond type, triple net lease. The lease requires the tenant, Ford Motor Company, to pay rent, without abatement, offset or reduction for any reason, including casualty and condemnation. The lease permits Ford to terminate the lease only in the event of a major casualty or condemnation and then only if it pays a stipulated loss value sufficient to pay off the mortgage loan including all interest and expenses. Ford Motor Company, as tenant, also is required to pay all expenses relating to the maintenance and operation of the property including real estate taxes, insurance premiums and structural and non-structural repairs (including rebuilding in the event of a casualty or condemnation) and all costs required to comply with all laws, including environmental laws. THE PROPERTY. The 15555 Lundy Parkway loan is secured by a two-story Class A office building in Dearborn, Michigan situated approximately 15 minutes from the Detroit Metropolitan Wayne County Airport with excellent access to Southfield Highway and Interstate 94. The property is located within the Fairlane planned community, an approximately 2,400 square acre mixed use master planned community developed by Ford Motor Land Development Company. The property was constructed in 1999 by Ford Motor Land Development Corporation and offers large floor-plate design and Class A amenities that include modern high quality finishes, high speed wiring, conference rooms, kitchens, a full service cafeteria, and a convenience store. The property is 100% occupied by the Ford Motor Company's Information Technology Group and its various divisions and houses over 2,000 employees. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 11 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 PROPERTY MANAGEMENT. The property is managed by Ford Motor Land Development Corporation, an affiliate of the borrower. The Ford Motor Company is ultimately responsible under the lease for the management and maintenance of the property. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [GRAPHIC OMITTED] [GRAPHIC OMITTED] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 12 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 2-- SCHOLLS FERRY BOULEVARD - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: German American Capital Corporation ORIGINAL BALANCE: $31,000,000 CUT-OFF DATE BALANCE: $31,000,000 FIRST PAYMENT DATE: 5/01/2002 INTEREST RATE: 7.6150% AMORTIZATION: 360 months APD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 4/01/2012 EXPECTED MATURITY BALANCE: $27,472,666 SPONSOR(S): Barry Cain and Steven J. Olivia INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24-month lockout from date of securitization with defeasance thereafter until three months prior to loan maturity. CUT-OFF DATE LOAN PER SF: $152.53 UP-FRONT RESERVES: Insurance: $15,017 ONGOING RESERVES: TI/LC: $17,981/month Replacement: $3,352/month RE Tax: $34,567/month Insurance: $3,237/month LOCKBOX:(1) Hard ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Mixed Use PROPERTY SUB-TYPE: Retail/Office LOCATION: Beaverton, OR YEAR BUILT/RENOVATED: 2000/NAP OCCUPANCY:(2) 96.6% SQUARE FOOTAGE: 203,235 THE COLLATERAL: Eleven buildings containing 123,575 sf of retail space and 79,660 sf of Class "A" office space approximately 12 miles southwest of downtown Portland, OR. OWNERSHIP INTEREST: Fee RENT LEASE MAJOR TENANTS % NRSF PSF EXPIRATION - ------------- ------ ------- ---------- Metro One 27.9% $15.84 12/31/2007 Telecommuni-cations, Inc. 7/31/2009 24 Hour Fitness 17.9% $14.33 10/31/2007 Walgreen's 8.2% $23.95 4/30/2061 PROPERTY MANAGEMENT: Gramor Development, Inc. U/W NET CASH FLOW: $3,365,562 APPRAISED VALUE: $41,500,000 CUT-OFF DATE LTV: 74.7% MATURITY DATE LTV: 66.2% U/W DSCR: 1.28x ================================================================================ (1) Cash flow sweep will be triggered if i) the DSCR falls below 1.20x; ii) if either Metro One Telecommunications, Inc. or 24 Hr. Fitness give notice of an intent to vacate or go dark (going dark for Metro One is defined as both vacating and not paying rent); or iii) event of default. (2) As of 12/13/2001. THE SCHOLLS FERRY BOULEVARD LOAN THE LOAN. The second largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the eleven buildings containing 123,575 SF of retail space and 79,660 SF of Class "A" office space, known as Scholls Ferry Boulevard, in Beaverton, OR. THE BORROWER. The borrower, Murray Scholls LLC, an Oregon limited liability company, is a single purpose bankruptcy-remote entity whose managing member has an independent director. Barry Cain and Steven J. Olivia are the sponsors of the borrower. Barry Cain, an Oregon-based real estate developer, is the owner and president of Gramor Development, Inc., a real estate development firm founded in 1978. Gramor has completed 25 projects in the Portland metropolitan area totaling over 2.1 million square feet. For over 15 years, Gramor has been recognized as the Portland/Vancouver area's top retail developer by the Oregon Business Journal. Steven J. Olivia has been an equity partner with Barry Cain in numerous developments over the past ten years. Mr. Olivia is the sole owner of Hi-School Pharmacy, which is the dominant drug store chain in Clark County, Washington, with over 25 stores and 65% market share. As of 9/30/01, Barry Cain had a stated net worth of $9.07 million including liquidity of $1.69 million. As of 12/31/00, Mr. Olivia had a stated net worth of $65.6 million. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 13 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE PROPERTY. The property includes eleven buildings totaling 123,575 SF of retail space and 79,660 SF of Class "A" office space approximately 12 miles southwest of downtown Portland, OR. The majority of the property was constructed in 2000. The property has 1,006 on-site parking spaces (4.9 spaces per 1,000 SF), which provides ample parking for the property. The property is in excellent condition and enjoys excellent visibility, frontage and access from two major commercial thoroughfares. SIGNIFICANT TENANTS. The property is 97% occupied by 42 tenants. Metro One Telecommunications, Inc. occupies 56,720 SF (NASD: MTON; 27.9% of NRA) under two leases for $15.84 PSF with a 21,145 SF lease expiring in 2007 and a 35,575 SF lease expiring in 2009. Metro One offers time-saving telecommunication solutions with a wide variety of information content, including directory assistance, turn-by-turn driving directions, restaurant reservations, movie listings and other useful information, as well as helpful services such as personal assistant services, categorical searches and reverse directory look-up. Metro One's customers include Sprint PCS, AT&T Wireless Services, Nextel, Verizon Wireless, Cingular Wireless, and ALLTEL. Metro One is ranked 6th overall on Forbes' 2001 comprehensive list of the 200 Best Small Companies in America. Metro One was ranked the 21st fastest-growing company by Fortune Magazine (July, 2001) and is a component of the Russell 3000 and Small Cap 2000 indices. 24 Hour Fitness occupies 36,366 SF (17.9% of NRA) under a lease for $14.33 PSF expiring in 2007. 24 Hour Fitness (www.24hourfitness.com) is the global leader in offering affordable fitness around the world with clubs in the US, Asia and Europe. 24-Hour Fitness is a privately held company that was founded in 1983 and is currently the world's largest fitness chain with over 430 facilities in 15 states and 11 countries. The clubs have convenient locations, state-of-the-art equipment, affordable prices on a month-to-month basis, knowledgeable staff and outstanding service - all available up to 24 hours a day, seven days a week. Walgreen's (NYSE: WAG; rated Aa3 by Moody's, A+ by S&P) occupies 16,698 SF (8.2% of NRA) under a lease for $23.95 PSF expiring in 2061. Walgreens is the nation's largest drugstore chain and has exhibited 27 consecutive years of sales and earning growth. The company operates 3,520 stores in 43 states and Puerto Rico (including 474 new stores opened in 2001). Walgreens reported sales of $628 PSF in 2001. Additional tenants include Hollywood Video, Starbucks, Chevron (rated Aa2 by Moody's, AA by S&P), Farmers Insurance (rated AA- by S&P) and Subway. PROPERTY MANAGEMENT. Gramor Development, Inc., is a real estate development and management firm founded in 1978. Gramor has completed 25 projects in the Portland metropolitan area totaling over 2.1 million square feet. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [GRAPHIC OMITTED] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 14 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 3 -- FRESH POND SHOPPING CENTER - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: General Electric Capital Corporation ORIGINAL BALANCE: $30,600,000 CUT-OFF DATE BALANCE: $30,582,957 FIRST PAYMENT DATE: 4/01/2002 INTEREST RATE: 7.370% AMORTIZATION: 360 months ARD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 3/01/2012 EXPECTED MATURITY BALANCE: $26,955,459 SPONSOR(S): Nishan and Kevork Atinizian INTEREST CALCULATION: Actual/360 CALL PROTECTION: 60 month lockout from securitization closing with prepayment permitted thereafter, subject to payment of the greater of 1% or yield maintenance, until any time on or after 1.01.2012 at which time loan is open to prepayment CUT-OFF DATE LOAN PER SF: $143.78 UP-FRONT RESERVES: Replacement: $42,542 RE Tax: $289,832 Insurance: $20,729 ONGOING RESERVES: TI/LC: $13,800/month(2) RE Tax: $57,966/month Insurance: $4,146/month LOCKBOX: NAP ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Retail PROPERTY SUB-TYPE: Anchored Retail LOCATION: Cambridge, MA YEAR BUILT/RENOVATED: 1962/NAP OCCUPANCY:(1) 99.0% SQUARE FOOTAGE: 212,708 THE COLLATERAL: Community shopping center with two-story office above retail OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF Rent PSF LEASE EXPIRATION - ------------- ------ ---------- ---------------- Toys R Us 21.7% $8.70 10/31/2017 Bread & Circus 13.6% $18.40 7/31/2008 T J Maxx 9.9% $20.00 1/31/2016 PROPERTY MANAGEMENT: Nishan and Kevork Atinizian U/W NET CASH FLOW: $3,416,693 APPRAISED VALUE: $42,800,0000 CUT-OFF DATE LTV: 71.5% MATURITY DATE LTV: 63.0% U/W DSCR: 1.35x ================================================================================ (1) As of 11/20/2001. (2) Capped at $496,800 THE FRESH POND SHOPPING CENTER LOAN THE LOAN. The third largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the Fresh Pond Shopping Center in Cambridge, MA. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 15 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE BORROWER. The Borrower is a single purpose bankruptcy-remote entity whose general partner has an independent director. The sponsors of the borrower are Nishan and Kevork Atinizian. Nishan and Kevork Atinizian control a number of properties in the Cambridge area. THE PROPERTY. The Fresh Pond Shopping Center loan is secured by a 212,708 SF, anchored community shopping center on 16 acres in the West Cambridge section of Cambridge, MA. The retail and office components contain 174,580 SF and 38,128 SF of GLA respectively. The property is located directly off the Alewife Brook Parkway (US Rte 16/3), and across the street from a MBTA subway terminal. SIGNIFICANT TENANTS. The property is 99% occupied by 23 tenants. The three largest tenants are Toys R Us, Bread & Circus and T J Maxx. Staples, which is rated BBB- by S&P and Baa2 by Moody's, is the fourth largest tenant and occupies 18,000 SF (8.5% of total space) under a lease expiring in September 2007. Toys R Us occupies 46,068 SF (21.7% of total space) under a twenty-five year lease expiring in October 2017, at a rent of $8.70 PSF. Toys R Us (rated BBB+ by S&P and Baa3 by Moody's), as of January 2002, operated 783 stores under the Toys R Us name, 184 childrens clothing stores under the Kids R Us name, 145 infant/toddler stores under the Babies R Us name, and 37 educational specialty stores under the Imaginarium name. Sales for this store are reported to be $242 PSF for the most recent period available, which compares with a reported median national chain toy store sales figure of $204 PSF. Toys R Us has recently completed significant re-modelling at this store. A $569,833 reserve was taken at closing, representing 6 months rent under the Toys R Us lease and $10.00 PSF for TI/LC's. This escrow will be released when the Borrower provides written confirmation that this store is not on Toys R Us' current closure list. Bread & Circus occupies 29,000 square feet (13.6% of total space) under a fifteen-year lease expiring in July 2008 at a rent of $18.40 per square foot. Bread & Circus is a subsidiary of Whole Foods Markets, Inc. which is rated BB+ by S&P and Ba3 by Moody's. Sales for this store are reported to be $1,363 per square foot for the most recent period available. Whole Foods Markets Inc. owns 126 natural food supermarkets in 23 US States and the District of Columbia. TJ Maxx occupies 21,000 SF (9.9% of total space) under a thirty-six year lease expiring in January 2016 at a rent of $20.00 per square foot. TJ Maxx is a subsidiary of TJX Cos. Inc. (rated A- by S&P and A3 by Moody's), which is the largest off-price apparel chain in the US, operating under the TJ Maxx, Marshalls, A.J. Wright and Homegoods names. Sales for this store are reported to be $405 PSF for the most recent period available. PROPERTY MANAGEMENT. The property is managed by the Sponsors. Nishan and Kevork Atinizian control a number of properties in the Cambridge area. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. PARTIAL RELEASE. The borrower may obtain the release, without consideration, of a 3-acre parcel of land, containing a Sony/Loews theater and a vacant ambulance garage. No income was underwritten from the theater. This release will be subject to the creation of a separate tax lot, and the payment of the lender's reasonable costs. Pursuant to the Loan documents, permitted uses on the released parcel are restricted to prevent competition with the subject collateral. Graphic Omitted This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 16 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 4 -- THE PLAZA AT CEDAR HILL - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: General Electric Capital Corporation ORIGINAL BALANCE: $28,000,000 CUT-OFF DATE BALANCE: $27,951,483 FIRST PAYMENT DATE: 3/01/2002 INTEREST RATE: 7.380% AMORTIZATION: 360 months ARD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 2/01/2012 EXPECTED MATURITY BALANCE: $24,649,254 SPONSOR(S): Eric Brauss and Dr. Doug Barnes INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24 month lockout from securitization closing with defeasance thereafter until any time on or after 12/01/2011, at which time loan is open to prepayment CUT-OFF DATE LOAN PER SF: $93.22 UP-FRONT RESERVES: TI/LC: $250,000 RE Tax: $58,649 Insurance: $24,185 ONGOING RESERVES: Replacement: $3,750/month TI/LC: $2,500/month RE Tax: $58,649/month Insurance: $4,837/month LOCKBOX: Springing if TI/LC reserve is drawn on ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Retail PROPERTY SUB-TYPE: Anchored Retail LOCATION: Cedar Hill, TX YEAR BUILT/RENOVATED: 2000/NAP OCCUPANCY(1): 98.1% SQUARE FOOTAGE: 299,859 THE COLLATERAL: Community shopping center OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF RENT PSF LEASE EXPIRATION - ------------- ------ -------- ---------------- Hobby Lobby 20.3% $7.00 9/30/2015 Linens `N' Things 11.5% $10.25 9/30/2015 Marshall's 10.2% $8.75 9/30/2010 PROPERTY MANAGEMENT: Christon Property Management, Inc. U/W NET CASH FLOW: $2,933,622 APPRAISED VALUE: $35,600,000 CUT-OFF DATE LTV: 78.5% MATURITY DATE LTV: 69.2% U/W DSCR: 1.26x ================================================================================ (1) As of 12/1/2001. THE PLAZA AT CEDAR HILL LOAN THE LOAN. The fourth largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the Plaza at Cedar Hill shopping center in Cedar Hill, TX. THE BORROWER. The Borrower is a single purpose bankruptcy-remote entity whose general partner has an independent director. The sponsors of the borrower are Eric Brauss and Dr. Doug Barnes. Eric Brauss is President/Owner of Today Management, which owns and manages over 30 commercial, retail and multifamily properties in the Dallas/Ft. Worth area. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 17 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE PROPERTY. The Plaza at Cedar Hill loan is secured by a 299,859 SF, anchored community shopping center in Cedar Hill, TX. Cedar Hill is a southern suburb of Dallas. The property is located directly off US Highway 67. SIGNIFICANT TENANTS. The property is 98% occupied by 24 tenants. The three largest tenants are Hobby Lobby, Linens `N' Things, and Marshall's. Other tenants in the center include Ross Stores, Old Navy, Office Max and Barnes & Noble. Hobby Lobby occupies 60,780 square feet (20.3% of total space) under a fifteen-year triple-net lease expiring in September 2015, at a rent of $7.00 per square foot. Founded in 1972, Hobby Lobby is a privately-held retailer of arts and crafts supplies and operates 281 stores in 24 US States. Linens `N' Things occupies 34,521 SF (11.5% of total space) under a fifteen year triple-net lease expiring in September 2015 at a rent of $10.25 PSF. Linens `N' Things is a leading national retailer of textiles, housewares and decorative home accessories. For the year ended December 29th 2001, the company reported net sales of $1.82 billion. As of December 29th 2001, the company reported net assets of $498 million. The company operates over 283 stores in 40 US States and Canada. Marshall's occupies 30,550 SF (10.2% of total space) under a ten year triple-net lease expiring in September 2010 at a rent of $8.75 PSF. Marshall's, which operates over 550 stores in 38 US States, is a subsidiary of TJX Cos. Inc. which is rated A- by S&P and A3 by Moody's. Marshall's is a national apparel retailer. PROPERTY MANAGEMENT. The property is managed by Christon Property Management, Inc. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [Graphic Omitted] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 18 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 5 -- INVERRARY GARDENS APARTMENTS - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: German American Capital Corporation ORIGINAL BALANCE: $24,000,000 CUT-OFF DATE BALANCE: $23,984,766 FIRST PAYMENT DATE: 4/01/2002 INTEREST RATE: 6.9500% AMORTIZATION: 360 months APD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 3/01/2012 EXPECTED APD BALANCE: $20,910,614 SPONSOR(S): Leslie Schlesinger, Jason Schlesinger, Adam Schlesinger INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24-month lockout from date of securitization with defeasance thereafter until three months prior to loan maturity. CUT-OFF DATE LOAN PER UNIT: $46,753.93 UP-FRONT RESERVES: Def. Mnt: $78,125 RE Tax: $208,777 Insurance: $84,549 ONGOING RESERVES: Replacement: $10,688/month RE Tax: $40,252/month Insurance: $17,239/month LOCKBOX: Soft at Closing, Springing Hard ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Multifamily PROPERTY SUB-TYPE: Conventional LOCATION: Lauderhill, FL YEAR BUILT/RENOVATED: 1973 / NAP OCCUPANCY(1): 95.5% UNITS: 513 THE COLLATERAL: A 513-unit multifamily apartment complex located in Broward County. OWNERSHIP INTEREST: Fee PROPERTY MANAGEMENT: Ceebraid-Signal Florida Management, Ltd. U/W NET CASH FLOW: $2,422,058 APPRAISED VALUE: $32,000,000 CUT-OFF DATE LTV: 75.0% MATURITY DATE LTV: 65.3% U/W DSCR: 1.27x ================================================================================ (1) As of 2/06/2002. THE INVERRARY GARDENS APARTMENTS LOAN THE LOAN. The fifth largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the Inverrary Gardens Apartments in Lauderhill, Florida. The loan has been structured with escrows for taxes and insurance. There are Replacement Reserves of $250 per unit per year. THE BORROWER. The borrower is CSC Inverrary Gardens, Ltd., a single purpose bankruptcy-remote Florida limited partnership whose general partner has an independent director. Leslie Schlesinger, Jason Schlesinger, Adam Schlesinger are the sponsors of the borrower. The Schlesinger's are principals of Ceebraid-Signal Corporation, a real estate company with over 40 years experience in acquiring, owning and managing real estate properties with a focus in multifamily properties. Ceebraid-Signal Corporation currently owns and manages 12,000 multifamily units primarily concentrated in Florida, New York and Connecticut. As of 10/01/2001, Leslie Schlesinger had a net worth of approximately $79.8 million and liquidity of $4.7 million while Jason Schlesinger and Adam Schlesinger had a combined net worth of approximately $6.9 million and liquidity of $1.9 million. THE PROPERTY. Inverrary Gardens Apartments is a multifamily apartment complex located in Lauderhill, Florida, just 10 miles northwest of Ft. Lauderdale. The loan collateral is comprised of 513 units (402 fee units and 111 condominium units) This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 19 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 which are pacrt of a complex containing 774 total units (i.e., 261 units at the complex are not part of the collateral). The 111 condominium units which are owned (and rented out) by the borrower represent the majority of the 210-unit condominium association of which they are a part and to which condominium assessments are paid. All units owned by the borrower have rights to the common facilities on the greater complex. The Property amenities include a clubhouse building, fitness centers, two heated swimming pools, saunas, five tennis courts and a gated entryway with 24-hour attendant. In addition, the property is located next to the Inverrary Golf & Country Club. Individual unit amenities include an abundance of windows with golf course views, fully equipped kitchens, self-cleaning range/oven, stainless steel sinks, garbage disposals and dishwashers. Units also have large patios or balconies. There are 1,081 parking spaces (2.1 spaces per collateral unit). - -------------------------------------------------------------------------------- PROPERTY DESCRIPTION UNIT TYPE NUMBER OF UNITS SQUARE FEET PER UNIT AVERAGE RENT (PER MONTH) - -------------------------------------------------------------------------------- Studio bedroom 70 688 $635 One bedroom 221 908 $710 Two bedroom 188 1,128 $846 Three bedroom 34 1,541 $1,057 TOTALS/AVERAGES 513 1,000 $780 - -------------------------------------------------------------------------------- THE MARKET. Inverrary Gardens Apartments is located in Lauderhill (Broward County), Florida, a Ft. Lauderdale suburb. Average rents at properties deemed most comparable to the subject ranged from $645 for studio-bedroom units, to $1,055 for three-bedroom units. Occupancy at these properties averaged 95.5%. Inverrary Gardens Apartments competes well within the Lauderhill market and rents charged are within the range of rents offered at competing properties. PROPERTY MANAGEMENT. The property is managed by Ceebraid-Signal Florida Management, Ltd., an affiliate of the sponsor. The principals of the borrower are Leslie Schlesinger, Jason Schlesinger, Adam Schlesinger. They are the principals of Ceebraid-Signal Corporation, a real estate company with over 40 years experience in acquiring, owning and managing real estate properties with a focus in multifamily properties. Ceebraid-Signal Corporation currently owns and manages 12,000 multifamily units primarily concentrated in Florida, New York and Connecticut. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [Graphic Omitted] [Graphic Omitted] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 20 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 6 -- CAMERON CROSSING - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: General Electric Capital Corporation ORIGINAL BALANCE: $24,000,000 CUT-OFF DATE BALANCE: $23,864,630 FIRST PAYMENT DATE: 8/01/2001 INTEREST RATE: 7.740% AMORTIZATION: 360 months ARD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 7/01/2011 EXPECTED MATURITY BALANCE: $21,331,057 SPONSOR(S): Hunt Properties INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24 month lockout from securitization closing, with defeasance until any time on or after 5/01/2011, at which time loan is open to prepayment CUT-OFF DATE LOAN PER SF: (4) $101.59 UP-FRONT RESERVES: RE Tax: $265,735 Insurance: $33,000 ONGOING RESERVES: TI/LC: $7,555/month (2) Replacement: $2,945/month RE Tax: $56,109/month Insurance: $4,523/month LOCKBOX: NAP ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Retail PROPERTY SUB-TYPE: Anchored Retail LOCATION: McKinney, TX YEAR BUILT/RENOVATED: 1999/2001 OCCUPANCY: (1) 95.7% SQUARE FOOTAGE: (3) 342,915 THE COLLATERAL: Community shopping center OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF RENT PSF LEASE EXPIRATION - ------------- ------ -------- ---------------- Home Depot (Ground Lease) 31.5% $1.97 1/31/2029 Best Buy 13.1% $10.25 9/30/2016 Office Depot 8.7% $10.75 8/31/2014 PROPERTY MANAGEMENT: Hunt Properties, Inc. U/W NET CASH FLOW: $2,598,818 APPRAISED VALUE: $31,000,000 CUT-OFF DATE LTV: 77.0% MATURITY DATE LTV: 68.8% U/W DSCR: 1.26x ================================================================================ (1) As of 1/31/2002. (2) Initially capped at $250,000. From year seven onwards, monthly deposits resume until a cap of $500,000 is reached. (3) Includes Home Depot. (4) Excludes Home Depot. THE CAMERON CROSSING LOAN THE LOAN. The sixth largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the Cameron Crossing shopping center in McKinney, TX. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 21 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE BORROWER. The Borrower is a single purpose entity whose general partner is also a special purpose entity. The sponsors of the borrower are Hunt Properties and the Cameron Family. Hunt Properties was founded in 1975 and currently owns or manages 3.7 million square feet of commercial property. THE PROPERTY. The Cameron Crossing loan is secured by a 342,915 SF, anchored community shopping center in McKinney, TX. McKinney is a northern suburb of Dallas. The property is located directly off US Highways 75 and 380. SIGNIFICANT TENANTS. The property is 96% occupied by 28 tenants. The three largest tenants are Home Depot, Best Buy and Office Depot. Other anchor tenants within the center include Ross Dress-For-Less, Old Navy, Michaels and PetSmart, all having triple-net leases. Home Depot occupies 108,003 square feet (31.5% of total space) under a thirty year ground lease expiring in January 2029, at a rent of $1.97 per square foot. Home Depot Inc. is rated AA by S&P and Aa3 by Moody's. The company has over 1,000 home improvement stores in 46 US States and Canada. Best Buy occupies 45,000 SF (13.1% of total space) under a fifteen-year triple-net lease expiring in September 2016 at a rent of $10.25 PSF. Best Buy is a retailer of consumer electronics, computers, appliances and entertainment products, and is rated BBB- by S&P and Baa3 by Moody's. The company has over 400 stores in 41 US States. Office Depot occupies 30,000 square feet (8.7% of total space) under a fifteen-year triple-net lease expiring in August 2014 at a rent of $10.75 per square foot. Office Depot is a retailer of office products, and is rated BBB- by S&P and Baa3 by Moody's. The company has over 850 stores in 48 US States. PROPERTY MANAGEMENT. The property is managed by Hunt Properties, Inc. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [Graphic Omitted] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 22 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 7 -- 38 CHAUNCY STREET - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: General Electric Capital Corporation ORIGINAL BALANCE: $22,313,439 CUT-OFF DATE BALANCE: $22,200,005 FIRST PAYMENT DATE: 9/01/2001 INTEREST RATE: 7.340% AMORTIZATION: 359 months ARD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 8/01/2011 EXPECTED MATURITY BALANCE: $19,636,635 SPONSOR(S): Joseph Lesser - Loeb Partners Realty INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24 month lockout from securitization closing with defeasance thereafter until any time on or after 5/01/2011, at which time loan is open to prepayment CUT-OFF DATE LOAN PER SF: $170.58 UP-FRONT RESERVES: RE Tax: $37,198 Insurance: $13,679 ONGOING RESERVES: Replacement: $2,192/month TI/LC: $16,384/month RE Tax: $37,198/month Insurance: $1,710/month LOCKBOX: NAP ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Office PROPERTY SUB-TYPE: Downtown office LOCATION: Boston, MA YEAR BUILT/RENOVATED: 1924/2000 OCCUPANCY(1): 95.02% SQUARE FOOTAGE: 130,142 THE COLLATERAL: Multi-tenanted office building located in the financial district of downtown Boston. OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF RENT PSF LEASE EXPIRATION - ------------- ------ -------- ---------------- Vanasse Hangen Brustlin 15.1% $25.00 - $38.50 4/30/2006 Vollmer Associates 7.2% $28.00 8/31/2010 URS Consultants 7.1% $30.00 8/31/2006 PROPERTY MANAGEMENT: An affiliate of Trammel Crow Company U/W NET CASH FLOW: $2,265,444 APPRAISED VALUE: $28,850,000 CUT-OFF DATE LTV: 77.0% MATURITY DATE LTV: 68.1% U/W DSCR: 1.23x ================================================================================ (1) As of 12/17/2001. THE 38 CHAUNCY STREET LOAN THE LOAN. The seventh largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the 38 Chauncy Street office building in Boston, MA. THE BORROWER. The Borrower is a single purpose bankruptcy-remote entity whose managing member has an independent director. The sponsor of the Borrower is Joseph Lesser, of Loeb Partners Realty. Loeb Partners Realty and its affiliates control a real estate portfolio totaling approximately 12 million square feet. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 23 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE PROPERTY. The 38 Chauncy Street loan is secured by a 130,142 SF, Class-B downtown office building located in the financial district of Boston, one block West of the One Lincoln Center development. The property is located close to Summer Street and I-93, approximately 0.5 miles northwest of Fort Point Channel, and across the street from a subway station. SIGNIFICANT TENANTS. The property is 95% occupied by 18 tenants, which are primarily characterized as engineering or architectural firms. The three largest tenants are Vanasse Hangen Brustlin, Vollmer Associates and URS Consultants. Vanasse Hangen Brustlin, occupies 19,686 SF (15.1% of total space) under four leases with expiry dates ranging from April 2002 (1.7% of total space) to April 2006 (8% of total space), at rents ranging from $25.00 PSF to $38.50 PSF (for the lease on 8% of total space expiring in April 2006). Vanasse Hangen Brustlin is a private company engaged in engineering, planning and applied sciences, which was formed in 1979 and has approximately 625 employees. Vollmer Associates occupies 9,363 SF (7.2% of total space) under a ten year lease expiring in August 2010 at a rent of $28.00 PSF. Vollmer Associates is a private company of consulting engineers and architects, founded in 1959 and with approximately 450 employees. URS Consultants occupies 9,252 SF (7.1% of total space) under two leases expiring on 8/31/04 (1.8% of total space) and 8/31/06 (5.3% of total space), respectively. URS Consultants is a wholly owned subsidiary of URS Corporation (NYSE: "URS"). URS Corporation has approximately 16,000 employees and reported sales of $2.3 billion as of their fiscal year-end 10/2001. The company operates as an engineering consulting company. The company is rated Ba3 and BB by Moody's and S&P, respectively. PROPERTY MANAGEMENT. The property is managed by an affiliate of Trammel Crow Company. Trammel Crow has approximately 7,500 employees, with approximately 170 personnel based in Boston, and over 4 million square feet of office space under management in the Greater Boston area. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [Graphic Omitted] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 24 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 8 -- ROOKWOOD OFFICE TOWER - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: General Electric Capital Corporation ORIGINAL BALANCE: $21,505,000 CUT-OFF DATE BALANCE: $21,427,919 FIRST PAYMENT DATE: 12/01/2001 INTEREST RATE: 7.450% AMORTIZATION: 360 months ARD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 11/01/2011 EXPECTED MATURITY BALANCE: $18,968,905 SPONSOR(S): Jeffrey Anderson INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24 month lockout from securitization closing, with defeasance thereafter until any time on or after 9/01/2011, at which time loan is open to prepayment CUT-OFF DATE LOAN PER SF: $128.97 UP-FRONT RESERVES: TI/LC & Capital Improvements: $224,000(2) RE Tax/Insurance: $36,981 ONGOING RESERVES: See footnote 2 LOCKBOX: NAP ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Office PROPERTY SUB-TYPE: Suburban office LOCATION: Norwood (Cincinnati), OH YEAR BUILT/RENOVATED: 2000/NAP OCCUPANCY(1): 100% SQUARE FOOTAGE: 166,148 SF office, 12,000 SF leasable storage space, 3-level parking structure THE COLLATERAL: Multi-tenanted Class A office building located in Norwood, OH (the Cincinnati "Midtown" area) OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF RENT PSF LEASE EXPIRATION - ------------- ------ -------- ---------------- Health Foundation of Cincinnati 16.5% $16.00 6/15/2011 Northwestern Mutual Life 15.0% $16.00 8/31/2011 Carew International 9.2% $16.35 4/18/2011 PROPERTY MANAGEMENT: Jeffrey R Anderson Real Estate, Inc. U/W NET CASH FLOW: $2,277,325 APPRAISED VALUE: $27,617,000 CUT-OFF DATE LTV: 77.6% MATURITY DATE LTV: 68.7% U/W DSCR: 1.27x ================================================================================ (1) As of 1/28/2002. (2) TI/LC LOC will increase to $448,000 in year 2, $672,000 in year 3 and $896,000 in year 4. THE ROOKWOOD OFFICE TOWER LOAN THE LOAN. The eighth largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the Rookwood Office Tower in Norwood, OH. THE BORROWER. The Borrower is a single purpose entity whose general partner is also a special purpose entity. The sponsor of the borrower is Jeffrey Anderson, of Jeffrey R Anderson Real Estate, Inc. The company and affiliates control a commercial real estate portfolio of approximately 3,000,000 square feet, primarily in Ohio and Kentucky. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 25 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE PROPERTY. The Rookwood Office Tower loan is secured by a 166,148 SF, Class-A office building located in the "Midtown"/Norwood district of Cincinnati, approximately seven miles from Cincinnati CBD. The property is adjacent to Rookwood Pavilion Shopping Center and Rookwood Commons, off the I-71 highway. The property also contains 12,000 SF of leasable storage space and a 3-level parking structure. The property has a two-story atrium, with a staircase to Northwestern Mutual's second floor lobby and offices. SIGNIFICANT TENANTS. The property is 100% occupied by 20 tenants. The three largest tenants are the Health Foundation of Cincinnati, Northwestern Mutual Life, and Carew International. The Health Foundation of Cincinnati occupies 27,490 SF (16.5% of total space) under a ten year triple-net lease expiring in June 2011, at a rent of $16.00 PSF. Founded in 1978, the foundation had a fund balance at year-end 2000 of $259 million, and reports that it provides approximately $12 million in annual grants to various charitable organizations in the Greater Cincinnati area. Northwestern Mutual Life occupies 24,921 SF (15.0% of total space) under a ten year triple-net lease expiring in August 2011 at a rent of $16.00 PSF. Northwestern Mutual is rated AAA by S&P and Aaa by Moody's. The company reported year-end 2000 revenues of $15,382 million and net income of $1.8 billion. Carew International occupies 15,300 SF (9.2% of total space) under a ten year triple-net lease expiring in April 2011 at a rent of $16.35 PSF. Founded in 1976, Carew International is a private sales and management training consultancy. Carew has a right to terminate their lease at any time after July 2006 on 12 months notice and payment of a $321,625 termination fee, to be held by the lender as escrow for TI/LCs. PROPERTY MANAGEMENT. The property is managed by Jeffrey R Anderson Real Estate Inc. MEZZANINE INDEBTEDNESS. There is an existing $3,756,500 mezzanine facility payable by Jeffrey Anderson to Fifth Third Bank, an unrelated, third party, which is secured via a pledge of membership interest in the borrower. A Subordination and Standstill Agreement has been executed. ADDITIONAL INDEBTEDNESS. Not allowed. [Graphic Omitted] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 26 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 9 -- GATES OF ARLINGTON APARTMENTS - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: General Electric Capital Corporation ORIGINAL BALANCE: $21,400,000 CUT-OFF DATE BALANCE: $21,345,805 FIRST PAYMENT DATE: 02/01/2002 INTEREST RATE: 6.880% AMORTIZATION: 360 months ARD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 01/01/2012 EXPECTED MATURITY BALANCE: $18,598,125 SPONSOR(S): Hall Financial Group INTEREST CALCULATION: Actual/360 CALL PROTECTION: 24 month lockout from securitization closing with defeasance thereafter until any time on or after 11/01/2011, at which time loan is open to prepayment CUT-OFF DATE LOAN PER UNIT: $45,905 UP-FRONT RESERVES: RE Tax: $43,595 ONGOING RESERVES: Replacement: $9,690/month RE Tax: $21,797/month LOCKBOX: NAP ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Multifamily PROPERTY SUB-TYPE: Conventional LOCATION: Arlington, VA YEAR BUILT/RENOVATED: 1938/NAP OCCUPANCY(1): 97.8% UNITS: 465 THE COLLATERAL: 43-building, 465-unit multifamily development located in Arlington, VA. OWNERSHIP INTEREST: Fee PROPERTY MANAGEMENT: Hall Financial Group U/W NET CASH FLOW: $2,216,612 APPRAISED VALUE: $28,100,000 CUT-OFF DATE LTV: 76.0% MATURITY DATE LTV: 66.2% U/W DSCR: 1.31x ================================================================================ (1) As of 7/25/2001. THE GATES OF ARLINGTON LOAN THE LOAN. The ninth largest loan is evidenced by a promissory note and is secured by a first priority mortgage on the Gates of Arlington apartment buildings in Arlington, VA. THE BORROWER. The Borrower is a single purpose bankruptcy-remote entity whose general partner has an independent director. The sponsor of the borrower is Hall Financial Group. The Hall Financial Group is controlled by Craig Hall and owns and manages over 14,000 apartments across the US. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 27 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 THE PROPERTY. The Gates of Arlington loan is secured by a 43-building, 465-unit multifamily development on approximately 18 acres, located in Arlington, VA approximately 3 miles southwest of the Washington, DC central business district. The property is located close to the main I-66, I-395, George Washington Memorial Parkway and State Road 7 highways. The property comprises 43 attractive well-maintained buildings located in a desirable neighborhood. Unit composition at the property consists of the following: - -------------------------------------------------------------------------------- PROPERTY DESCRIPTION UNIT TYPE NUMBER OF UNITS SQUARE FEET PER UNIT AVERAGE RENT (PER MONTH) - -------------------------------------------------------------------------------- 1 Bed/1 Bath 9 472 $654 1 Bed/1 Bath 290 666 $734 1 Bed/1 Bath 8 500 $706 2 Bed/1 Bath 4 675 $816 2 Bed/1 Bath 145 886 $863 2 Bed/2 Bath 8 1,121 $877 3 Bed/1Bath 1 1,500 $1,325 TOTALS/AVERAGES 465 738 $776 - -------------------------------------------------------------------------------- PROPERTY MANAGEMENT. The property is managed by Hall Financial Group. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [GRAPHIC OMITTED] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 28 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 - -------------------------------------------------------------------------------- MORTGAGE LOAN NO. 10 - POTOMAC PLACE SHOPPING CENTER - -------------------------------------------------------------------------------- ================================================================================ LOAN INFORMATION ================================================================================ ORIGINATOR: Bear Stearns Commercial Mortgage, Inc. ORIGINAL BALANCE: $21,000,000 CUT-OFF DATE BALANCE: $21,000,000 FIRST PAYMENT DATE: 5/01/2002 INTEREST RATE: 6.960% AMORTIZATION: 360 months APD: NAP HYPERAMORTIZATION: NAP MATURITY DATE: 4/01/2009 EXPECTED MATURITY BALANCE: $19,316,457 SPONSOR(S): Shelton Zuckerman and Ellen Sigal INTEREST CALCULATION: Actual/360 CALL PROTECTION: 35-month lockout from date of origination with U.S. Treasury defeasance thereafter until loan maturity. CUT-OFF DATE LOAN PER SF: $264.36 UP-FRONT RESERVES: RE Tax: $160,796 Replacement: $1,523 Leasing: (1) $166,000 Other: (2) $600,000 ONGOING RESERVES: RE Tax: $22,970/month Insurance: Springing Replacement: $1,523/month LOCKBOX: (3) Soft at Closing, Springing Hard ================================================================================ ================================================================================ PROPERTY INFORMATION ================================================================================ SINGLE ASSET/PORTFOLIO: Single Asset PROPERTY TYPE: Retail PROPERTY SUB-TYPE: Anchored LOCATION: Potomac, MD YEAR BUILT/RENOVATED: 1967/1993 OCCUPANCY: (4) 100.0% SQUARE FOOTAGE: 79,438 THE COLLATERAL: Grocery and drug store anchored community shopping center. OWNERSHIP INTEREST: Fee MAJOR TENANTS % NRSF RENT PSF LEASE EXPIRATION - ------------- ------ -------- ---------------- Safeway 25.4% $25.00 9/30/2027 Rite Aid 11.0% $12.50 9/30/2002 PROPERTY MANAGEMENT: Zuckerman Gravely Management, Inc. U/W NET CASH FLOW: $2,745,778 APPRAISED VALUE: $33,000,000 CUT-OFF DATE LTV: 63.1% MATURITY DATE LTV: 58.0% U/W DSCR: 1.64x ================================================================================ (1) A reserve of $166,000 was established to ensure adequate funds are available in the event that Safeway commences its planned renovations on its space and is to be released upon evidence that Safeway is in occupancy, open for business, and paying full contractual rent upon completion of the renovation. Safeway is currently open and paying full rent. (2) An environmental reserve of $600,000 was established at closing relating to a former dry cleaner at the property. (3) A springing lockbox will become effective upon an Event of Default, the insolvency of the Borrower, Guarantor, or Property Manager, or in the event the DSCR for the preceding six month period annualized falls below 1.15x. (4) As of 12/03/2001. THE POTOMAC PLACE SHOPPING CENTER LOAN THE LOAN. The tenth largest loan is evidenced by a promissory note and is secured by a first priority indemnity deed of trust on the Potomac Place Shopping Center located in Potomac, Maryland. THE BORROWER. The borrower, Potomac Place, LP, a Maryland limited liability company, is a special purpose entity with an independent director. The borrower is controlled by Shelton Zuckerman and Ellen Sigal. Shelton Zuckerman is a co-owner of Zuckerman Gravely Development, Inc., which currently owns approximately 925,000 square feet of office and retail space and 1,700 multifamily units. Mr. Zuckerman reported a net worth of approximately $61.2 million as of June 30, This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 29 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 2001. Dr. Ellen Sigal spent approximately 20 years in real estate development and was a principal in Sigal Development. Through this company, Dr. Sigal has been involved in the development of approximately 3 million square feet of commercial office buildings and currently owns and manages over 3,000 residential units. Gerald and Ellen Sigal have a combined net worth of approximately $18.6 million. THE PROPERTY. Potomac Place Shopping Center is an anchored retail center located in Potomac, Maryland, one of the most affluent communities in the Washington, D.C. metropolitan area. Within a 1-mile and 3-mile radius, the estimated 2001 average household income was $394,765 and $242,981 respectively. Population within a five-mile radius is over 104,000. The center is located approximately 12 miles northwest of Washington D.C. and 3 1/2 miles from the City of Rockville. It has convenient access to Interstate 270 and enjoys excellent visibility from both River and Falls Roads, two major roadways in the area. The property consists of two buildings containing 73,253 SF of retail and 6,185 SF of office space. The anchors, Safeway and Rite Aid, have both been in occupancy since the property was constructed in 1967. Safeway plans to renovate their space and convert the store to a Tom Thumb store, its upscale, gourmet grocer concept. This new format is well suited for the high income levels of the surrounding community. The property features a courtyard area in the center with tables and landscaping. Potomac Place Shopping Center is currently 100% occupied by a total of 32 tenants and has consistently maintained occupancy levels above 99% over the past four years. Of the tenants that report sales (78.4% of the total NRA), recent sales averaged approximately $528 PSF. SIGNIFICANT TENANTS: Safeway occupies 20,159 SF (25.4% of the total NRA) under a lease for $25.00 PSF expiring in 2027. The rent steps up to $30.00 PSF in twelve months. Safeway is one of the largest North American food and drug chains based on sales and has a senior unsecured debt rating of BBB from S&P and Baa2 from Moody's. The company operates approximately 1,759 stores under the Safeway, Von's, Dominick's, Randall's, and Tom Thumb names. Safeway reported sales of $583 PSF in 2000. Rite Aid Corporation occupies 8,720 SF (11.0% of the total NRA) under a lease for $12.50 PSF expiring in September 2002. Rite Aid has one remaining five year option at $14.50 PSF, which is significantly below the appraiser's estimate of market rent of $30.00 PSF. Rite Aid operates approximately 3,594 stores in 30 states and the District of Columbia. Rite Aid reported sales of $644 PSF for the twelve months ending in August 2001. Additional tenants at the property include a broad mix of national, regional, and local tenants. Strosniders Hardware (7,240 SF), Starbucks Coffee Company (1,200 SF), and Vie de France (1,400 SF), reported 2001 sales of $494, $1,151, and $779 PSF, respectively. PROPERTY MANAGEMENT. The property is managed by Zuckerman Gravely Management, Inc, the management arm of Zuckerman Gravely Development, Inc. The management team has over 35 years of real estate management experience. MEZZANINE OR SUBORDINATE INDEBTEDNESS. Not allowed. ADDITIONAL INDEBTEDNESS. Not allowed. [GRAPHIC OMITTED] This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 30 $916,535,000 (APPROXIMATE) GE CAPITAL COMMERCIAL MORTGAGE CORPORATION COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2002-1 STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION --------------------------------------------------- The information contained in the attached materials (the "Information") may include various forms of performance analysis, security characteristics and securities pricing estimates for the securities addressed. Please read and understand this entire statement before utilizing the Information. The Information is provided solely by Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., J.P.Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") not as agent for any issuer, and although it may be based on data supplied to it by an issuer, the issuer has not participated in its preparation and makes no representations regarding its accuracy or completeness. Should you receive Information that refers to the "Statement Regarding Assumptions and Other Information", please refer to this statement instead. The Information is illustrative and is not intended to predict actual results which may differ substantially from those reflected in the Information. Performance analysis is based on certain assumptions with respect to significant factors that may prove not to be as assumed. You should understand the assumptions and evaluate whether they are appropriate for your purposes. Performance results are based on mathematical models that use inputs to calculate results. As with all models, results may vary significantly depending upon the value of the inputs given. Inputs to these models include but are not limited to: prepayment expectations (econometric prepayment models, single expected lifetime prepayments or a vector of periodic prepayments), interest rate assumptions (parallel and nonparallel changes for different maturity instruments), collateral assumptions (actual pool level data, aggregated pool level data, reported factors or imputed factors), volatility assumptions (historically observed or implied current) and reported information (paydown factors, rate resets and trustee statements). Models used in any analysis may be proprietary making the results difficult for any third party to reproduce. Contact your registered representative for detailed explanations of any modeling techniques employed in the Information. The Information addresses only certain aspects of the applicable security's characteristics and thus does not provide a complete assessment. As such, the Information may not reflect the impact of all structural characteristics of the security, including call events and cash flow priorities at all prepayment speeds and/or interest rates. You should consider whether the behavior of these securities should be tested at assumptions different from those included in the Information. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Any investment decision should be based only on the data in the prospectus and prospectus supplement ("Offering Documents") and the then current version of the Information. The Offering Documents contain data that is current as of their publication date and after publication may no longer be complete or current. Contact your registered representative for the Offering Documents, current Information or additional materials, including other models for performance analysis, which are likely to produce different results, and any further explanation regarding the information. Any pricing estimates an Underwriter has supplied at your request (a) represent its view, at the time determined, of the investment value of the securities between the estimated bid and offer levels, the spread between which may be significant due to market volatility or illiquidity, (b) do not constitute a bid by any person for any security, (c) may not constitute prices at which the securities could have been purchased or sold in any market, (d) have not been confirmed by actual trades, may vary from the value such Underwriter assigns any such security while in its inventory, and may not take into account the size of a position you have in the security, and (e) may have been derived from matrix pricing that uses data relating to other securities whose prices are more readily ascertainable to produce a hypothetical price based on the estimated yield spread relationship between the securities. General Information: The data underlying the Information has been obtained from sources that the Underwriters believe are reliable, but the Underwriters do not guarantee the accuracy of the underlying data or computations based thereon. The Underwriters and/or individuals thereof may have positions in these securities while the Information is circulating or during such period may engage in transactions with the issuer or its affiliates. Each Underwriter acts as principal in transactions with you, and accordingly, you must determine the appropriateness for you of such transactions and address any legal, tax or accounting considerations applicable to you. An Underwriter shall not be a fiduciary or advisor unless it has agreed in writing to receive compensation specifically to act in such capacities. If you are subject to ERISA, the Information is being furnished on the condition that it will not form a primary basis for any investment decision. The Information is not a solicitation of any transaction in securities which may be made only by prospectus when required by law, in which event you may obtain such prospectus from your registered representative. This information has been prepared solely for information purposes and is not an offer to buy or sell or solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. No representation or warranty can be given with respect to the accuracy or completeness of the information, or that any future offer of securities will conform to the terms hereof. If any such offer of securities is made, it will be made pursuant to a definitive Prospectus and Prospectus Supplement, prepared by the Depositor, which will contain material information not contained herein and to which prospective purchasers are referred. In the event of any such offering, this information shall be deemed superseded in its entirety by such Prospectus and Prospectus Supplement. ANY DECISION TO INVEST IN SUCH SECURITIES SHOULD BE MADE ONLY AFTER REVIEWING SUCH PROSPECTUS AND PROSPECTUS SUPPLEMENT. Deutsche Bank Securities Inc., Bear, Stearns & Co. Inc., .J.P. Morgan Securities Inc., Merrill Lynch & Co. and Salomon Smith Barney Inc. (the "Underwriters") disclaim any and all liability relating to this information, including without limitation, any express or implied representations or warranties for, statements contained in, and omissions from, this information. This information should only be considered after reading the Statement Regarding Assumptions as to Securities, Pricing Estimates, and Other Information (the "Statement") which is attached. Do not use or rely on this information if you have not received the Statement. You may obtain a copy of the Statement from your sales representative. 31 The information contained in this diskette is all of the information set forth on Annex A to the Prospectus Supplement dated on or around April 3, 2002 to the Prospectus dated April 3, 2002 (collectively, the "Preliminary Prospectus"), relating to the GE Capital Commercial Mortgage Corporation, Commercial Mortgage Pass-Through Certificates, Series 2002-1 (the "Certificates") and should be reviewed only in conjunction with a careful review of the Preliminary Prospectus. Such information does not include any information relating to the structure of the Certificates and does not include all relevant information relating to the underlying mortgage loans. Such information is set forth in the Preliminary Prospectus, and particular attention should be paid to the risks and special considerations associated with an investment in the Certificates described in the Preliminary Prospectus. The information contained in this diskette should not be viewed as projections, forecasts, predictions or opinions with respect to value. Any information contained in this diskette is more fully described in the Preliminary Prospectus. Prior to making any investment decision, a prospective investor shall receive and should carefully review the Final Prospectus. NOTHING IN THIS DISKETTE SHOULD BE CONSIDERED AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THE CERTIFICATES. GE CAPITAL COMMERCIAL MORTGAGE CORPORATION, SERIES 2002-1 ANNEX A - CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES
% OF MORTGAGE CUT-OFF INITIAL POOL # OF LOAN ORIGINAL DATE ID PROPERTY NAME BALANCE PROPERTIES SELLER(1) BALANCE BALANCE - ------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway (2) 5.54% 1 BSFI 58,000,000 57,516,449 2 Scholls Ferry Boulevard 2.98% 1 GACC 31,000,000 31,000,000 3 Fresh Pond Shopping Center 2.94% 1 GECC 30,600,000 30,582,957 4 Plaza at Cedar Hill-MCA 2.69% 1 GECC 28,000,000 27,951,483 5 Inverrary Gardens 2.31% 1 GACC 24,000,000 23,984,766 - ------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing (3) 2.30% 1 GECC 24,000,000 23,864,630 7 38 Chauncy Street (4) 2.14% 1 GECC 22,313,439 22,200,005 8 Rookwood Office Tower 2.06% 1 GECC 21,505,000 21,427,919 9 Gates of Arlington 2.06% 1 GECC 21,400,000 21,345,805 10 Potomac Place Shopping Center 2.02% 1 BSCMI 21,000,000 21,000,000 - ------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments 1.84% 1 GECC 19,200,000 19,111,819 12 801 Travis Street 1.82% 1 BSFI 19,000,000 18,915,798 13 Sudley North Office Center (5) 1.73% 5 GACC 18,010,000 18,010,000 13a 7869 Ashton Ave. 0.62% GACC 6,388,561 6,388,561 13b 7848 Donegan Drive 0.59% GACC 6,101,435 6,101,435 - ------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. 0.26% GACC 2,713,344 2,713,344 13d 7698 Donegan Drive 0.17% GACC 1,794,540 1,794,540 13e 7701 Donegan Drive 0.10% GACC 1,012,120 1,012,120 14 Culver Center 1.59% 1 GECC 16,500,000 16,471,319 15 Grande Promenade 1.53% 1 GACC 15,938,000 15,938,000 - ------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza 1.52% 1 GECC 15,800,000 15,740,859 17 438 Summit Avenue 1.44% 1 GACC 15,000,000 15,000,000 18 London Park Towers Apartments 1.44% 1 GACC 15,000,000 15,000,000 19 Eagle Crest Apartments 1.41% 1 GACC 14,600,000 14,600,000 20 20 E. 46th Street (4) 1.37% 1 GECC 14,274,690 14,265,905 - ------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. 1.32% 1 GECC 13,750,000 13,707,054 22 Walden Landing Apts. 1.32% 1 GECC 13,700,000 13,700,000 23 Brighton Office Center 1.30% 1 BSFI 13,550,000 13,507,770 24 East Gate Square Shopping Center - Ph. IV 1.26% 1 BSFI 13,100,000 13,077,120 25 Londonderry Apartments 1.16% 1 GACC 12,000,000 12,000,000 - ------------------------------------------------------------------------------------------------------------- 26 The Cornerstone (4) 1.15% 1 GECC 11,996,354 11,932,793 27 Commerce & Design Building 1.01% 1 GECC 10,500,000 10,449,574 28 LaGuna Seca Shopping Center 1.00% 1 GECC 10,340,000 10,333,959 29 Indio Plaza Shopping Center 0.99% 1 GECC 10,360,000 10,328,478 30 Broadway Market Center 0.99% 1 GECC 10,256,000 10,250,027 - ------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center 0.94% 1 GACC 9,775,000 9,757,430 32 Town Center West (4) 0.94% 1 GECC 9,788,035 9,751,761 33 Forest Place Apartments 0.91% 1 GACC 9,500,000 9,500,000 34 College Club Apartments (6) 0.88% 1 GECC 9,100,000 9,100,000 35 Chatham Executive Center 0.87% 1 GECC 9,059,000 9,054,036 - ------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham (4) 0.85% 1 GECC 8,891,688 8,859,842 37 Center @ Monocacy 0.85% 1 GECC 8,800,000 8,780,205 38 Glendale Safeway Shopping Center 0.83% 1 GECC 8,670,000 8,670,000 39 500 S. Gravers Road 0.83% 1 BSFI 8,600,000 8,571,176 40 Publix@ Laguna Isles 0.81% 1 GECC 8,400,000 8,394,953 - ------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma 0.80% 1 GECC 8,315,000 8,289,142 42 Lakeview Terrace MHC 0.79% 1 GECC 8,250,000 8,250,000 43 1044 Market 0.77% 1 GECC 8,046,000 8,046,000 44 Longfellow Apartments 0.72% 1 GECC 7,539,000 7,504,297 45 Timberview Apartments 0.71% 1 GECC 7,369,000 7,335,080 - ------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments 0.68% 1 GACC 7,100,000 7,100,000 47 Eastlake Village 0.67% 1 BSFI 7,000,000 6,984,596 48 The Grand Reserve 0.67% 1 GECC 7,000,000 6,983,022 49 Trafalgar Plaza 0.65% 1 GECC 6,824,000 6,794,386 50 Fairfax Ridge 0.65% 1 GECC 6,800,000 6,788,512 - ------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center 0.62% 1 GECC 6,447,000 6,432,584 52 Costco Ground Lease (7) 0.61% 1 BSFI 6,400,000 6,380,399 53 Brandon Mills Apartments 0.61% 1 GECC 6,350,000 6,350,000 54 Davie Self Storage 0.57% 1 GECC 5,920,000 5,886,019 55 Campus Executive Office Park 0.56% 1 GECC 5,863,000 5,859,200 - ------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments 0.55% 1 GACC 5,740,000 5,736,751 57 Kirkwood Apartments 0.55% 1 GACC 5,700,000 5,700,000 58 Rosecrans Center 0.54% 1 BSFI 5,650,000 5,644,302 59 Federal Heights SC (4) 0.54% 1 GECC 5,627,527 5,604,547 60 Washington Square 0.53% 1 GECC 5,500,000 5,488,089 - ------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center 0.52% 1 BSCMI 5,450,000 5,450,000 62 Courtyard by Marriott - Frederick 0.50% 1 GECC 5,250,000 5,221,551 63 Colonnade III Shopping Center 0.50% 1 GECC 5,200,000 5,188,233 64 The Shops at Metro Station 0.48% 1 GACC 5,000,000 5,000,000 65 Williamstown Shopping Center 0.48% 1 GECC 5,000,000 4,979,992 - ------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments 0.47% 1 GACC 4,900,000 4,900,000 67 Blanco Market 0.47% 1 GECC 4,900,000 4,897,427 68 Mission Douglas Plaza 0.47% 1 GECC 4,900,000 4,891,550 69 813 Diligence Drive 0.46% 1 GACC 4,800,000 4,791,563 70 Heritage Square Shopping Center 0.45% 1 GECC 4,670,000 4,659,987 - ------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments 0.44% 1 GACC 4,600,000 4,600,000 72 Lansdowne Village Apartments 0.44% 1 GACC 4,600,000 4,600,000 73 A-1 Self Storage Morena 0.44% 1 GECC 4,550,000 4,533,938 74 2033 Chenault Office 0.43% 1 GECC 4,500,000 4,489,938 75 289 Highland Avenue 0.41% 1 BSFI 4,230,000 4,230,000 - ------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments 0.41% 1 GECC 4,240,000 4,220,483 77 HEB-Gessner 0.40% 1 GECC 4,200,000 4,192,664 78 Heathertree II Apartments 0.39% 1 GECC 4,080,000 4,061,219 79 Plaza South 0.39% 1 BSCMI 4,050,000 4,047,582 80 Stratford Executive Park 0.39% 1 GACC 4,025,000 4,018,124 - ------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza 0.39% 1 BSFI 4,000,000 4,000,000 82 Westfield Arms 0.39% 1 GACC 4,000,000 4,000,000 83 Vila Dian and Hillcrest (5) 0.38% 2 GECC 4,000,000 3,992,370 83a Hillcrest Estates 0.30% GECC 3,130,435 3,124,464 83b Villa Diann 0.08% GECC 869,565 867,907 - ------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA 0.38% 1 GECC 3,932,000 3,928,084 85 Capitol Mobile Home Park 0.38% 1 GECC 3,920,000 3,908,203 86 Cullen Crossing (4) 0.37% 1 GECC 3,895,892 3,888,815 87 Walgreens-Loveland 0.37% 1 GECC 3,850,000 3,850,000 88 A-1 Self Storage Concord 0.37% 1 GECC 3,825,000 3,802,252 - ------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC 0.37% 1 GECC 3,800,000 3,793,331 90 Friends and Family Self Storage 0.36% 1 GECC 3,800,000 3,782,581 91 Village Green Apartments 0.36% 1 GACC 3,750,000 3,750,000 92 Novato MHP 0.36% 1 GECC 3,750,000 3,738,465 93 Dogwood Creek Apartments 0.35% 1 GACC 3,640,000 3,640,000 - ------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II 0.35% 1 GECC 3,600,000 3,583,070 95 Storage Pro Richmond 0.34% 1 GECC 3,500,000 3,491,004 96 Safeguard Self Storage # 15 0.33% 1 GECC 3,400,000 3,388,668 97 Spring Pine Apartments 0.32% 1 GACC 3,350,000 3,344,305 98 National Boulevard Self Storage 0.31% 1 BSFI 3,250,000 3,241,748 - ------------------------------------------------------------------------------------------------------------- 99 A-1 Self Storage Kearney Mesa 0.31% 1 GECC 3,250,000 3,238,102 100 Memorial Park Mini-Storage 0.31% 1 GECC 3,200,000 3,189,488 101 Shops at 41st Street 0.31% 1 GECC 3,200,000 3,182,666 102 Leland Plaza 0.30% 1 GECC 3,120,000 3,112,926 103 Somerville & Cambridge (5) 0.29% 2 BSFI 3,000,000 3,000,000 - ------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street 0.17% BSFI 1,730,000 1,730,000 103b 109 Highland Avenue 0.12% BSFI 1,270,000 1,270,000 104 A-1 Self Storage Cypress 0.29% 1 GECC 3,000,000 2,988,736 105 Wynsong 12 0.29% 1 BSFI 3,025,000 2,972,178 106 Walgreens - Brooklyn 0.27% 1 GECC 2,785,000 2,778,969 - ------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B 0.26% 1 GECC 2,700,000 2,698,587 108 Storage Pro Stockton 0.26% 1 GECC 2,700,000 2,693,061 109 Frederick Self Storage 0.26% 1 GECC 2,700,000 2,692,822 110 1211 Chestnut Street 0.25% 1 GACC 2,600,000 2,597,550 111 Dodge Professional Center 0.25% 1 GECC 2,600,000 2,590,268 - ------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage 0.25% 1 GECC 2,600,000 2,585,209 113 Walgreen's 0.25% 1 BSCMI 2,575,000 2,573,637 114 Magnolia Mini Storage 0.25% 1 GECC 2,577,000 2,570,475 115 3301 M Street 0.25% 1 GACC 2,550,000 2,548,538 116 Fort Knox SS-Leesburg 0.24% 1 GECC 2,500,000 2,493,505 - ------------------------------------------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake Mead 0.24% 1 GECC 2,450,000 2,447,697 118 CVS-Pleasant Valley 0.23% 1 GECC 2,375,000 2,369,679 119 101 Shoreline Office 0.23% 1 GECC 2,360,000 2,353,129 120 Ayres Self Storage 0.22% 1 GECC 2,242,000 2,242,000 121 Washington Ave Office 0.21% 1 GECC 2,200,000 2,196,121 - ------------------------------------------------------------------------------------------------------------- 122 Scott's Corner 0.21% 1 GECC 2,200,000 2,189,583 123 Wal-Mart Center 0.21% 1 GECC 2,150,000 2,150,000 124 Firwood Apartments 0.20% 1 GECC 2,100,000 2,095,006 125 Texan Storage 0.20% 1 GECC 2,100,000 2,094,817 126 Sure Lock (2) Self Storage 0.20% 1 GECC 2,092,000 2,092,000 - ------------------------------------------------------------------------------------------------------------- 127 Waterman Medical Plaza 0.20% 1 GACC 2,075,000 2,067,916 128 Park Colony Apartments 0.20% 1 GECC 2,030,000 2,027,987 129 Sycamore Villa MHC 0.19% 1 GECC 2,000,000 1,994,994 130 Cromwell Bridge 0.18% 1 GECC 1,875,000 1,869,245 131 Eckerd-Sterling 0.17% 1 GECC 1,774,000 1,768,870 - ------------------------------------------------------------------------------------------------------------- 132 Fort Knox-Frederick 0.16% 1 GECC 1,700,000 1,695,480 133 Sure Lock (1) Self Storage 0.16% 1 GECC 1,681,000 1,681,000 134 A1A Self Storage 0.14% 1 GECC 1,500,000 1,498,493 135 KenilWest Office Building 0.14% 1 GECC 1,500,000 1,497,451 136 Safeguard Storage #13 0.14% 1 GECC 1,500,000 1,494,928 - ------------------------------------------------------------------------------------------------------------- 137 Safeguard Self Storage #14 0.13% 1 GECC 1,331,000 1,326,564 (1) GECC - General Electric Capital Corporation, GACC - German American Capital Corporation, BSFI - Bear, Stearns Funding, Inc., BSCMI - Bear Stearns Commercial Mortgage, Inc. (2) 15555 Lundy Parkway: Fully-amortizing based on a structured lease and mortgage payment schedule, which maintains a constant DSCR of at least 1.22x throughout the 15-year loan term. See Annex B for a schedule of the lease and debt service payments. (3) Cameron Crossing: Total square footage excludes the 108,003 square feet of Home Depot. (4) Earn-out loan, but loan proceeds have been fully funded. (5) One loan secured by multiple properties. (6) College Club Apartments: DSCR is based off of the monthly debt service after the interest-only period. (7) Costco Ground Lease: Secured by the related borrower's interest in land.
TABLE CONTINUED
GENERAL DETAILED INTEREST PROPERTY PROPERTY INTEREST ADMINISTRATIVE ACCRUAL ID PROPERTY NAME TYPE TYPE RATE FEE RATE BASIS - -------------------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway (2) Office Office 7.3000% 0.05220% Actual/360 2 Scholls Ferry Boulevard Office Office 7.6150% 0.05220% Actual/360 3 Fresh Pond Shopping Center Retail Anchored 7.3700% 0.05220% Actual/360 4 Plaza at Cedar Hill-MCA Retail Anchored 7.3800% 0.05220% Actual/360 5 Inverrary Gardens Multifamily Conventional 6.9500% 0.05220% Actual/360 - -------------------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing (3) Retail Anchored 7.7400% 0.05220% Actual/360 7 38 Chauncy Street (4) Office Office 7.3400% 0.05220% Actual/360 8 Rookwood Office Tower Office Office 7.4500% 0.05220% Actual/360 9 Gates of Arlington Multifamily Conventional 6.8800% 0.05220% Actual/360 10 Potomac Place Shopping Center Retail Anchored 6.9600% 0.05220% Actual/360 - -------------------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments Multifamily Conventional 7.0000% 0.05220% Actual/360 12 801 Travis Street Office Office 6.4500% 0.05220% Actual/360 13 Sudley North Office Center (5) Office Office 7.4700% 0.05220% Actual/360 13a 7869 Ashton Ave. Office Office 13b 7848 Donegan Drive Office Office - -------------------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. Office Office 13d 7698 Donegan Drive Office Office 13e 7701 Donegan Drive Office Office 14 Culver Center Retail Anchored 7.3600% 0.05220% Actual/360 15 Grande Promenade Retail Shadow Anchored 7.8200% 0.05220% Actual/360 - -------------------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza Retail Anchored 7.2500% 0.05220% Actual/360 17 438 Summit Avenue Office Office 7.4500% 0.05220% Actual/360 18 London Park Towers Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 19 Eagle Crest Apartments Multifamily Conventional 6.9900% 0.05220% Actual/360 20 20 E. 46th Street (4) Office Office 7.1100% 0.05220% Actual/360 - -------------------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. Multifamily Conventional 6.9800% 0.05220% Actual/360 22 Walden Landing Apts. Multifamily Conventional 7.0100% 0.05220% Actual/360 23 Brighton Office Center Office Office 6.9900% 0.05220% Actual/360 24 East Gate Square Shopping Center - Ph. IV Retail Anchored 7.3300% 0.05220% Actual/360 25 Londonderry Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 - -------------------------------------------------------------------------------------------------------------------------- 26 The Cornerstone (4) Retail Unanchored 8.0200% 0.05220% Actual/360 27 Commerce & Design Building Office Office 6.8000% 0.05220% Actual/360 28 LaGuna Seca Shopping Center Retail Anchored 7.2200% 0.05220% Actual/360 29 Indio Plaza Shopping Center Retail Anchored 7.1000% 0.05220% Actual/360 30 Broadway Market Center Retail Anchored 7.2300% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center Retail Anchored 7.1500% 0.05220% Actual/360 32 Town Center West (4) Retail Anchored 7.1100% 0.05220% Actual/360 33 Forest Place Apartments Multifamily Conventional 6.8600% 0.05220% Actual/360 34 College Club Apartments (6) Multifamily Student Housing 6.7400% 0.05220% Actual/360 35 Chatham Executive Center Office Office 7.4200% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham (4) Self Storage Self Storage 7.3100% 0.05220% Actual/360 37 Center @ Monocacy Industrial Office/Warehouse 7.4800% 0.05220% Actual/360 38 Glendale Safeway Shopping Center Retail Anchored 7.0000% 0.05220% Actual/360 39 500 S. Gravers Road Office Office 7.6650% 0.05220% Actual/360 40 Publix@ Laguna Isles Retail Anchored 7.1300% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma Multifamily Student Housing 7.0000% 0.05220% Actual/360 42 Lakeview Terrace MHC Manufactured Manufactured Housing Housing 7.2800% 0.05220% Actual/360 43 1044 Market Retail Anchored 7.8500% 0.05220% Actual/360 44 Longfellow Apartments Multifamily Conventional 6.9900% 0.05220% Actual/360 45 Timberview Apartments Multifamily Conventional 6.9900% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 47 Eastlake Village Retail Shadow Anchored 7.5900% 0.05220% Actual/360 48 The Grand Reserve Multifamily Conventional 7.1000% 0.05220% Actual/360 49 Trafalgar Plaza Office Office 7.2500% 0.05220% Actual/360 50 Fairfax Ridge Office Office 7.5400% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center Retail Anchored 7.5100% 0.05220% Actual/360 52 Costco Ground Lease (7) Retail Anchored 7.0700% 0.05220% Actual/360 53 Brandon Mills Apartments Multifamily Conventional 7.0400% 0.05220% Actual/360 54 Davie Self Storage Self Storage Self Storage 7.6700% 0.05220% Actual/360 55 Campus Executive Office Park Office Office 6.8800% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments Multifamily Student Housing 7.3200% 0.05220% Actual/360 57 Kirkwood Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 58 Rosecrans Center Retail Unanchored 7.6350% 0.05220% Actual/360 59 Federal Heights SC (4) Retail Shadow Anchored 7.7500% 0.05220% Actual/360 60 Washington Square Retail Shadow Anchored 7.6700% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center Retail Anchored 7.4700% 0.05220% Actual/360 62 Courtyard by Marriott - Frederick Hotel Limited Service 7.6500% 0.05220% Actual/360 63 Colonnade III Shopping Center Retail Unanchored 7.4500% 0.05220% Actual/360 64 The Shops at Metro Station Retail Anchored 7.7900% 0.05220% Actual/360 65 Williamstown Shopping Center Retail Unanchored 7.6000% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 67 Blanco Market Retail Shadow Anchored 7.5500% 0.05220% Actual/360 68 Mission Douglas Plaza Retail Anchored 7.4100% 0.05220% Actual/360 69 813 Diligence Drive Office Flex 7.2900% 0.05220% Actual/360 70 Heritage Square Shopping Center Retail Unanchored 7.7200% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 72 Lansdowne Village Apartments Multifamily Conventional 6.1600% 0.05220% Actual/360 73 A-1 Self Storage Morena Self Storage Self Storage 7.3400% 0.05220% Actual/360 74 2033 Chenault Office Industrial Office/Warehouse 7.5100% 0.05220% Actual/360 75 289 Highland Avenue Multifamily Conventional 7.4700% 0.05220% 30/360 - ------------------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments Multifamily Conventional 6.9900% 0.05220% Actual/360 77 HEB-Gessner Retail Anchored 7.3300% 0.05220% Actual/360 78 Heathertree II Apartments Multifamily Conventional 6.9900% 0.05220% Actual/360 79 Plaza South Retail Shadow Anchored 7.1500% 0.05220% Actual/360 80 Stratford Executive Park Office Office 7.4700% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza Retail Shadow Anchored 7.6400% 0.05220% Actual/360 82 Westfield Arms Multifamily Conventional 7.4400% 0.05220% Actual/360 83 Vila Dian and Hillcrest (5) Manufactured Manufactured Housing Housing 6.7800% 0.05220% Actual/360 83a Hillcrest Estates Manufactured Manufactured Housing Housing 83b Villa Diann Manufactured Manufactured Housing Housing - ------------------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA Retail Anchored 7.2000% 0.05220% Actual/360 85 Capitol Mobile Home Park Manufactured Manufactured Housing Housing 7.1500% 0.05220% Actual/360 86 Cullen Crossing (4) Retail Shadow Anchored 7.4300% 0.05220% Actual/360 87 Walgreens-Loveland Retail Unanchored 7.6700% 0.05220% Actual/360 88 A-1 Self Storage Concord Self Storage Self Storage 7.1000% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC Manufactured Manufactured Housing Housing 7.3000% 0.05220% Actual/360 90 Friends and Family Self Storage Self Storage Self Storage 7.2500% 0.05220% Actual/360 91 Village Green Apartments Multifamily Conventional 7.4200% 0.05220% Actual/360 92 Novato MHP Manufactured Manufactured Housing Housing 7.0500% 0.05220% Actual/360 93 Dogwood Creek Apartments Multifamily Conventional 7.5900% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II Self Storage Self Storage 7.1000% 0.05220% Actual/360 95 Storage Pro Richmond Self Storage Self Storage 7.2900% 0.05220% Actual/360 96 Safeguard Self Storage # 15 Self Storage Self Storage 7.7000% 0.05220% Actual/360 97 Spring Pine Apartments Multifamily Conventional 7.5000% 0.05220% Actual/360 98 National Boulevard Self Storage Self Storage Self Storage 7.3800% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 99 A-1 Self Storage Kearney Mesa Self Storage Self Storage 7.1100% 0.05220% Actual/360 100 Memorial Park Mini-Storage Self Storage Self Storage 7.7900% 0.05220% Actual/360 101 Shops at 41st Street Retail Unanchored 7.9000% 0.05220% Actual/360 102 Leland Plaza Retail Anchored 7.4400% 0.05220% Actual/360 103 Somerville & Cambridge (5) Multifamily Conventional 7.0500% 0.05220% 30/360 - ------------------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street Multifamily Conventional 103b 109 Highland Avenue Multifamily Conventional 104 A-1 Self Storage Cypress Self Storage Self Storage 6.9500% 0.05220% Actual/360 105 Wynsong 12 Retail Unanchored 8.8670% 0.05220% Actual/360 106 Walgreens - Brooklyn Retail Anchored 7.6700% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B Retail Shadow Anchored 7.5600% 0.05220% Actual/360 108 Storage Pro Stockton Self Storage Self Storage 7.2900% 0.05220% Actual/360 109 Frederick Self Storage Self Storage Self Storage 7.0400% 0.05220% Actual/360 110 1211 Chestnut Street Office Office 7.4500% 0.05220% Actual/360 111 Dodge Professional Center Office Office 7.2500% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage Self Storage Self Storage 7.1500% 0.05220% Actual/360 113 Walgreen's Retail Anchored 7.5250% 0.05220% Actual/360 114 Magnolia Mini Storage Self Storage Self Storage 7.4000% 0.05220% Actual/360 115 3301 M Street Multifamily Conventional/ Retail 7.2800% 0.05220% Actual/360 116 Fort Knox SS-Leesburg Self Storage Self Storage 7.2100% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake Self Storage Self Storage 7.4600% 0.05220% Actual/360 118 CVS-Pleasant Valley Retail Anchored 7.5000% 0.05220% Actual/360 119 101 Shoreline Office Office Office 7.3000% 0.05220% Actual/360 120 Ayres Self Storage Self Storage Self Storage 7.6200% 0.05220% Actual/360 121 Washington Ave Office Office Office 7.2700% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 122 Scott's Corner Retail Unanchored 7.0600% 0.05220% Actual/360 123 Wal-Mart Center Retail Shadow Anchored 7.8500% 0.05220% Actual/360 124 Firwood Apartments Multifamily Student Housing 7.2000% 0.05220% Actual/360 125 Texan Storage Self Storage Self Storage 7.5900% 0.05220% Actual/360 126 Sure Lock (2) Self Storage Self Storage Self Storage 7.5000% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 127 Waterman Medical Plaza Office Medical Office 7.5500% 0.05220% Actual/360 128 Park Colony Apartments Multifamily Conventional 7.2200% 0.05220% Actual/360 129 Sycamore Villa MHC Manufactured Manufactured Housing Housing 6.9400% 0.05220% Actual/360 130 Cromwell Bridge Office Office 7.0600% 0.05220% Actual/360 131 Eckerd-Sterling Retail Anchored 7.2300% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 132 Fort Knox-Frederick Self Storage Self Storage 7.0400% 0.05220% Actual/360 133 Sure Lock (1) Self Storage Self Storage Self Storage 7.5000% 0.05220% Actual/360 134 A1A Self Storage Self Storage Self Storage 7.1600% 0.05220% Actual/360 135 KenilWest Office Building Office Office 7.1000% 0.05220% Actual/360 136 Safeguard Storage #13 Self Storage Self Storage 7.6100% 0.05220% Actual/360 - ------------------------------------------------------------------------------------------------------------------------- 137 Safeguard Self Storage #14 Self Storage Self Storage 7.7000% 0.05220% Actual/360
TABLE CONTINUED
ORIGINAL STATED REMAINING ORIGINAL REMAINING FIRST TERM TO MATURITY TERM TO MATURITY AMORTIZATION AMORTIZATION PAYMENT ID PROPERTY NAME OR APD (MOS.) OR APD (MOS.) TERM (MOS.) TERM (MOS.) DATE - -------------------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway (2) 180 176 180 176 1/1/02 2 Scholls Ferry Boulevard 120 120 360 360 5/1/02 3 Fresh Pond Shopping Center 120 119 360 359 4/1/02 4 Plaza at Cedar Hill-MCA 120 118 360 358 3/1/02 5 Inverrary Gardens 120 119 360 359 4/1/02 - -------------------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing (3) 120 111 360 351 8/1/01 7 38 Chauncy Street (4) 120 112 359 352 9/1/01 8 Rookwood Office Tower 120 115 360 355 12/1/01 9 Gates of Arlington 120 117 360 357 2/1/02 10 Potomac Place Shopping Center 84 84 360 360 5/1/02 - -------------------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments 120 114 360 354 11/1/01 12 801 Travis Street 84 79 360 355 12/1/01 13 Sudley North Office Center (5) 120 120 360 360 5/1/02 13a 7869 Ashton Ave. 13b 7848 Donegan Drive - -------------------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. 13d 7698 Donegan Drive 13e 7701 Donegan Drive 14 Culver Center 120 118 360 358 3/1/02 15 Grande Promenade 120 120 360 360 5/1/02 - -------------------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza 120 115 360 355 12/1/01 17 438 Summit Avenue 120 120 300 300 5/1/02 18 London Park Towers Apartments 120 120 360 360 5/1/02 19 Eagle Crest Apartments 120 120 360 360 5/1/02 20 20 E. 46th Street (4) 120 117 358 357 2/1/02 - -------------------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. 120 116 360 356 1/1/02 22 Walden Landing Apts. 120 120 360 360 5/1/02 23 Brighton Office Center 60 56 360 356 1/1/02 24 East Gate Square Shopping Center - Ph. IV 60 58 360 358 3/1/02 25 Londonderry Apartments 120 120 360 360 5/1/02 - -------------------------------------------------------------------------------------------------------------------------- 26 The Cornerstone (4) 120 104 359 350 1/1/01 27 Commerce & Design Building 120 114 360 354 11/1/01 28 LaGuna Seca Shopping Center 120 119 360 359 4/1/02 29 Indio Plaza Shopping Center 120 116 360 356 1/1/02 30 Broadway Market Center 120 119 360 359 4/1/02 - -------------------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center 120 118 360 358 3/1/02 32 Town Center West (4) 120 114 358 354 11/1/01 33 Forest Place Apartments 120 120 360 360 5/1/02 34 College Club Apartments (6) 120 116 360 360 1/1/02 35 Chatham Executive Center 120 119 360 359 4/1/02 - -------------------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham (4) 120 116 299 296 1/1/02 37 Center @ Monocacy 120 117 360 357 2/1/02 38 Glendale Safeway Shopping Center 120 120 360 360 5/1/02 39 500 S. Gravers Road 120 117 300 297 2/1/02 40 Publix@ Laguna Isles 120 119 360 359 4/1/02 - -------------------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma 120 116 360 356 1/1/02 42 Lakeview Terrace MHC 120 120 300 300 5/1/02 43 1044 Market 120 120 360 360 5/1/02 44 Longfellow Apartments 120 114 360 354 11/1/01 45 Timberview Apartments 120 114 360 354 11/1/01 - -------------------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments 120 120 360 360 5/1/02 47 Eastlake Village 120 117 360 357 2/1/02 48 The Grand Reserve 120 117 360 357 2/1/02 49 Trafalgar Plaza 120 114 360 354 11/1/01 50 Fairfax Ridge 120 118 360 358 3/1/02 - -------------------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center 120 117 360 357 2/1/02 52 Costco Ground Lease (7) 180 176 360 356 1/1/02 53 Brandon Mills Apartments 120 120 360 360 5/1/02 54 Davie Self Storage 120 111 360 351 8/1/01 55 Campus Executive Office Park 120 119 360 359 4/1/02 - -------------------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments 120 119 360 359 4/1/02 57 Kirkwood Apartments 120 120 360 360 5/1/02 58 Rosecrans Center 120 119 288 287 4/1/02 59 Federal Heights SC (4) 120 107 353 347 4/1/01 60 Washington Square 120 117 360 357 2/1/02 - -------------------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center 120 120 360 360 5/1/02 62 Courtyard by Marriott - Frederick 120 115 300 295 12/1/01 63 Colonnade III Shopping Center 120 117 360 357 2/1/02 64 The Shops at Metro Station 120 120 360 360 5/1/02 65 Williamstown Shopping Center 120 114 360 354 11/1/01 - -------------------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments 120 120 360 360 5/1/02 67 Blanco Market 120 119 360 359 4/1/02 68 Mission Douglas Plaza 120 118 360 358 3/1/02 69 813 Diligence Drive 120 118 360 358 3/1/02 70 Heritage Square Shopping Center 120 117 360 357 2/1/02 - --------------------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments 120 120 360 360 5/1/02 72 Lansdowne Village Apartments 120 120 360 360 5/1/02 73 A-1 Self Storage Morena 120 117 300 297 2/1/02 74 2033 Chenault Office 120 117 360 357 2/2/02 75 289 Highland Avenue 120 120 360 360 5/1/02 - --------------------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments 120 114 360 354 11/1/01 77 HEB-Gessner 120 118 360 358 3/1/02 78 Heathertree II Apartments 120 114 360 354 11/1/01 79 Plaza South 120 119 360 359 4/1/02 80 Stratford Executive Park 120 118 360 358 3/1/02 - --------------------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza 120 120 360 360 5/1/02 82 Westfield Arms 120 120 360 360 5/1/02 83 Vila Dian and Hillcrest (5) 120 118 360 358 3/1/02 83a Hillcrest Estates 83b Villa Diann - --------------------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA 120 119 300 299 4/1/02 85 Capitol Mobile Home Park 120 116 360 356 1/1/02 86 Cullen Crossing (4) 120 109 351 349 6/1/01 87 Walgreens-Loveland 120 120 300 300 5/1/02 88 A-1 Self Storage Concord 120 115 300 295 12/1/01 - --------------------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC 84 82 360 358 3/1/02 90 Friends and Family Self Storage 120 116 300 296 1/1/02 91 Village Green Apartments 120 120 360 360 5/1/02 92 Novato MHP 120 116 360 356 1/1/02 93 Dogwood Creek Apartments 120 120 300 300 5/1/02 - --------------------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II 120 116 300 296 1/1/02 95 Storage Pro Richmond 120 118 300 298 3/1/02 96 Safeguard Self Storage # 15 120 117 300 297 2/1/02 97 Spring Pine Apartments 60 58 360 358 3/1/02 98 National Boulevard Self Storage 120 118 300 298 3/1/02 - --------------------------------------------------------------------------------------------------------------------------- 99 A-1 Self Storage Kearney Mesa 120 117 300 297 2/1/02 100 Memorial Park Mini-Storage 120 117 300 297 2/1/02 101 Shops at 41st Street 120 111 360 351 8/1/01 102 Leland Plaza 120 117 360 357 2/1/02 103 Somerville & Cambridge (5) 60 60 360 360 5/1/02 - --------------------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street 103b 109 Highland Avenue 104 A-1 Self Storage Cypress 120 117 300 297 2/1/02 105 Wynsong 12 120 100 300 280 9/1/00 106 Walgreens - Brooklyn 120 117 360 357 2/1/02 - --------------------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B 120 119 360 359 4/1/02 108 Storage Pro Stockton 120 118 300 298 3/1/02 109 Frederick Self Storage 120 118 300 298 3/1/02 110 1211 Chestnut Street 120 119 300 299 4/1/02 111 Dodge Professional Center 120 115 360 355 12/1/01 - --------------------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage 120 117 240 237 2/1/02 113 Walgreen's 120 119 360 359 4/1/02 114 Magnolia Mini Storage 120 118 300 298 3/1/02 115 3301 M Street 120 119 360 359 4/1/02 116 Fort Knox SS-Leesburg 120 118 300 298 3/1/02 - --------------------------------------------------------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake 120 119 300 299 4/1/02 118 CVS-Pleasant Valley 120 117 360 357 2/1/02 119 101 Shoreline Office 120 116 360 356 1/1/02 120 Ayres Self Storage 120 120 300 300 5/1/02 121 Washington Ave Office 120 118 360 358 3/1/02 - --------------------------------------------------------------------------------------------------------------------------- 122 Scott's Corner 120 116 300 296 1/1/02 123 Wal-Mart Center 120 120 324 324 5/1/02 124 Firwood Apartments 120 117 360 357 2/1/02 125 Texan Storage 120 118 300 298 3/1/02 126 Sure Lock (2) Self Storage 120 120 300 300 5/1/02 - --------------------------------------------------------------------------------------------------------------------------- 127 Waterman Medical Plaza 120 117 300 297 2/1/02 128 Park Colony Apartments 120 119 300 299 4/1/02 129 Sycamore Villa MHC 120 117 360 357 2/1/02 130 Cromwell Bridge 120 116 360 356 1/1/02 131 Eckerd-Sterling 180 179 180 179 4/1/02 - --------------------------------------------------------------------------------------------------------------------------- 132 Fort Knox-Frederick 120 118 300 298 3/1/02 133 Sure Lock (1) Self Storage 120 120 300 300 5/1/02 134 A1A Self Storage 120 119 300 299 4/1/02 135 KenilWest Office Building 120 119 240 239 4/1/02 136 Safeguard Storage #13 120 117 300 297 2/1/02 - --------------------------------------------------------------------------------------------------------------------------- 137 Safeguard Self Storage #14 120 117 300 297 2/1/02
TABLE CONTINUED
MATURITY ANNUAL MONTHLY REMAINING DATE DEBT DEBT INTEREST ONLY APD ID PROPERTY NAME OR APD SERVICE SERVICE PERIOD (MOS.) LOCKBOX (YES/NO) - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway (2) 12/1/16 5,707,068 475,589 - Hard No 2 Scholls Ferry Boulevard 4/1/12 2,630,434 219,203 - Hard No 3 Fresh Pond Shopping Center 3/1/12 2,534,908 211,242 - No No 4 Plaza at Cedar Hill-MCA 2/1/12 2,321,814 193,484 - No No 5 Inverrary Gardens 3/1/12 1,906,410 158,868 - Soft at Closing, Springing Hard No - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing (3) 7/1/11 2,061,277 171,773 - No No 7 38 Chauncy Street (4) 8/1/11 1,844,391 153,699 - No No 8 Rookwood Office Tower 11/1/11 1,795,566 149,630 - No No 9 Gates of Arlington 1/1/12 1,687,851 140,654 - No No 10 Potomac Place Shopping Center 4/1/09 1,669,798 139,150 - Soft at Closing, Springing Hard No - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments 10/1/11 1,532,857 127,738 - No No 12 801 Travis Street 11/1/08 1,433,626 119,469 - Soft at Closing, Springing Hard No 13 Sudley North Office Center (5) 4/1/12 1,506,705 125,559 - Hard No 13a 7869 Ashton Ave. 13b 7848 Donegan Drive - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 13d 7698 Donegan Drive 13e 7701 Donegan Drive 14 Culver Center 2/1/12 1,365,513 113,793 - No No 15 Grande Promenade 4/1/12 1,379,445 114,954 - Soft at Closing, Springing Hard No - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza 11/1/11 1,293,406 107,784 - No No 17 438 Summit Avenue 4/1/12 1,324,335 110,361 - Hard Yes 18 London Park Towers Apartments 4/1/12 1,097,776 91,481 - No No 19 Eagle Crest Apartments 4/1/12 1,164,434 97,036 - Soft at Closing, Springing Hard No 20 20 E. 46th Street (4) 1/1/12 1,154,178 96,181 - Soft at Closing, Springing Hard No - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. 12/1/11 1,095,534 91,294 - No No 22 Walden Landing Apts. 4/1/12 1,094,862 91,238 - No No 23 Brighton Office Center 12/1/06 1,080,690 90,058 - Soft at Closing, Springing Hard Yes 24 East Gate Square Shopping Center - Ph. IV 2/1/07 1,080,924 90,077 - Soft at Closing, Springing Hard No 25 Londonderry Apartments 4/1/12 878,221 73,185 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone (4) 12/1/10 1,059,015 88,251 - No No 27 Commerce & Design Building 10/1/11 821,426 68,452 - No No 28 LaGuna Seca Shopping Center 3/1/12 843,921 70,327 - Soft at Closing, Springing Hard No 29 Indio Plaza Shopping Center 12/1/11 835,470 69,623 - No No 30 Broadway Market Center 3/1/12 837,899 69,825 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center 2/1/12 792,252 66,021 - No No 32 Town Center West (4) 10/1/11 791,410 65,951 - No No 33 Forest Place Apartments 4/1/12 747,757 62,313 - No No 34 College Club Apartments (6) 12/1/11 707,543 58,962 8 No No 35 Chatham Executive Center 3/1/12 754,156 62,846 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham (4) 12/1/11 776,278 64,690 - No No 37 Center @ Monocacy 1/1/12 736,925 61,410 - No No 38 Glendale Safeway Shopping Center 4/1/12 692,181 57,682 - No No 39 500 S. Gravers Road 1/1/12 773,749 64,479 - No No 40 Publix@ Laguna Isles 3/1/12 679,448 56,621 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma 12/1/11 663,839 55,320 - No No 42 Lakeview Terrace MHC 4/1/12 717,493 59,791 - No No 43 1044 Market 4/1/12 698,394 58,200 - Soft at Closing, Springing Hard No 44 Longfellow Apartments 10/1/11 601,278 50,107 - No No 45 Timberview Apartments 10/1/11 587,720 48,977 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments 4/1/12 519,614 43,301 - No No 47 Eastlake Village 1/1/12 592,526 49,377 - No No 48 The Grand Reserve 1/1/12 564,507 47,042 - No No 49 Trafalgar Plaza 10/1/11 558,621 46,552 - No No 50 Fairfax Ridge 2/1/12 572,796 47,733 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center 1/1/12 541,470 45,123 - No No 52 Costco Ground Lease (7) 12/1/16 514,568 42,881 - Hard No 53 Brandon Mills Apartments 4/1/12 509,009 42,417 - No No 54 Davie Self Storage 7/1/11 505,018 42,085 - No No 55 Campus Executive Office Park 3/1/12 462,424 38,535 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments 3/1/12 473,158 39,430 - No No 57 Kirkwood Apartments 4/1/12 417,155 34,763 - No No 58 Rosecrans Center 3/1/12 514,133 42,844 - No No 59 Federal Heights SC (4) 3/1/11 486,245 40,520 - No No 60 Washington Square 1/1/12 469,189 39,099 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center 4/1/12 455,944 37,995 - No No 62 Courtyard by Marriott - Frederick 11/1/11 471,729 39,311 - No No 63 Colonnade III Shopping Center 1/1/12 434,175 36,181 - No No 64 The Shops at Metro Station 4/1/12 431,507 35,959 - No No 65 Williamstown Shopping Center 10/1/11 423,645 35,304 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments 4/1/12 358,607 29,884 - No No 67 Blanco Market 3/1/12 413,153 34,429 - No No 68 Mission Douglas Plaza 2/1/12 407,521 33,960 - No No 69 813 Diligence Drive 2/1/12 394,497 32,875 - No No 70 Heritage Square Shopping Center 1/1/12 400,316 33,360 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments 4/1/12 336,651 28,054 - No No 72 Lansdowne Village Apartments 4/1/12 336,651 28,054 - No No 73 A-1 Self Storage Morena 1/1/12 397,824 33,152 - No No 74 2033 Chenault Office 1/1/12 377,946 31,495 - No No 75 289 Highland Avenue 4/1/12 353,879 29,490 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments 10/1/11 338,164 28,180 - No No 77 HEB-Gessner 2/1/12 346,556 28,880 - No No 78 Heathertree II Apartments 10/1/11 325,403 27,117 - No No 79 Plaza South 3/1/12 328,248 27,354 - No No 80 Stratford Executive Park 2/1/12 336,729 28,061 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza 4/1/12 340,236 28,353 - No No 82 Westfield Arms 4/1/12 333,653 27,804 - No No 83 Vila Dian and Hillcrest (5) 2/1/12 312,285 26,024 - No No 83a Hillcrest Estates 83b Villa Diann - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA 3/1/12 339,531 28,294 - Hard No 85 Capitol Mobile Home Park 12/1/11 317,711 26,476 - No No 86 Cullen Crossing (4) 5/1/11 326,920 27,243 - No No 87 Walgreens-Loveland 4/1/12 346,539 28,878 - Hard No 88 A-1 Self Storage Concord 11/1/11 327,346 27,279 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC 2/1/09 312,620 26,052 - No No 90 Friends and Family Self Storage 12/1/11 329,600 27,467 - No No 91 Village Green Apartments 4/1/12 312,185 26,015 - No No 92 Novato MHP 12/1/11 300,899 25,075 - No No 93 Dogwood Creek Apartments 4/1/12 325,353 27,113 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II 12/1/11 308,090 25,674 - No No 95 Storage Pro Richmond 2/1/12 304,662 25,389 - No No 96 Safeguard Self Storage # 15 1/1/12 306,836 25,570 - No No 97 Spring Pine Apartments 2/1/07 281,084 23,424 - No No 98 National Boulevard Self Storage 2/1/12 285,169 23,764 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa 1/1/12 278,387 23,199 - No No 100 Memorial Park Mini-Storage 1/1/12 291,055 24,255 - No No 101 Shops at 41st Street 7/1/11 279,093 23,258 - No No 102 Leland Plaza 1/1/12 260,249 21,687 - No No 103 Somerville & Cambridge (5) 4/1/07 240,719 20,060 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 103b 109 Highland Avenue 104 A-1 Self Storage Cypress 1/1/12 253,293 21,108 - No No 105 Wynsong 12 8/1/10 301,329 25,111 - No Yes 106 Walgreens - Brooklyn 1/1/12 237,580 19,798 - Hard No - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B 3/1/12 227,878 18,990 - No No 108 Storage Pro Stockton 2/1/12 235,025 19,585 - No No 109 Frederick Self Storage 2/1/12 229,824 19,152 - No No 110 1211 Chestnut Street 3/1/12 229,551 19,129 - No No 111 Dodge Professional Center 11/1/11 212,839 17,737 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage 1/1/12 244,710 20,393 - No No 113 Walgreen's 3/1/12 216,587 18,049 - No No 114 Magnolia Mini Storage 2/1/12 226,518 18,876 - No No 115 3301 M Street 3/1/12 209,369 17,447 - No No 116 Fort Knox SS-Leesburg 2/1/12 216,070 18,006 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake 3/1/12 216,499 18,042 - No No 118 CVS-Pleasant Valley 1/1/12 199,276 16,606 - Hard No 119 101 Shoreline Office 12/1/11 194,154 16,179 - No No 120 Ayres Self Storage 4/1/12 200,923 16,744 - No No 121 Washington Ave Office 2/1/12 180,453 15,038 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner 12/1/11 187,601 15,633 - No No 123 Wal-Mart Center 4/1/12 191,991 15,999 - No No 124 Firwood Apartments 1/1/12 171,055 14,255 - No No 125 Texan Storage 2/1/12 187,704 15,642 - No No 126 Sure Lock (2) Self Storage 4/1/12 185,516 15,460 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza 1/1/12 184,819 15,402 - Soft at Closing, Springing Hard No 128 Park Colony Apartments 3/1/12 175,605 14,634 - No No 129 Sycamore Villa MHC 1/1/12 158,707 13,226 - No No 130 Cromwell Bridge 12/1/11 150,601 12,550 - No No 131 Eckerd-Sterling 3/1/17 194,090 16,174 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick 2/1/12 144,704 12,059 - No No 133 Sure Lock (1) Self Storage 4/1/12 149,069 12,422 - No No 134 A1A Self Storage 3/1/12 129,063 10,755 - No No 135 KenilWest Office Building 3/1/12 140,636 11,720 - No No 136 Safeguard Storage #13 1/1/12 134,309 11,192 - No No - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 1/1/12 120,117 10,010 - No No
TABLE CONTINUED
CROSSED CUT-OFF LTV WITH GRACE PAYMENT APPRAISED DATE LTV RATIO AT ID PROPERTY NAME OTHER LOANS DSCR PERIOD DATE VALUE RATIO MATURITY - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway (2) No 1.22 5 1 75,000,000 76.69% 0.00% 2 Scholls Ferry Boulevard No 1.28 5 1 41,500,000 74.70% 66.20% 3 Fresh Pond Shopping Center No 1.35 5 1 42,800,000 71.46% 62.98% 4 Plaza at Cedar Hill-MCA No 1.26 5 1 35,600,000 78.52% 69.24% 5 Inverrary Gardens No 1.27 5 1 32,000,000 74.95% 65.35% - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing (3) No 1.26 5 1 31,000,000 76.98% 68.81% 7 38 Chauncy Street (4) No 1.23 5 1 28,850,000 76.95% 68.06% 8 Rookwood Office Tower No 1.27 5 1 27,617,000 77.59% 68.69% 9 Gates of Arlington No 1.31 5 1 28,100,000 75.96% 66.19% 10 Potomac Place Shopping Center No 1.64 5 1 33,300,000 63.06% 58.01% - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments No 1.29 5 1 24,500,000 78.01% 68.34% 12 801 Travis Street No 2.08 5 1 33,500,000 56.47% 51.69% 13 Sudley North Office Center (5) No 1.25 5 1 25,090,000 71.78% 63.38% 13a 7869 Ashton Ave. 8,900,000 13b 7848 Donegan Drive 8,500,000 - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 3,780,000 13d 7698 Donegan Drive 2,500,000 13e 7701 Donegan Drive 1,410,000 14 Culver Center No 1.31 5 1 21,500,000 76.61% 67.53% 15 Grande Promenade No 1.30 5 1 21,500,000 74.13% 66.03% - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza No 1.30 5 1 19,750,000 79.70% 70.21% 17 438 Summit Avenue No 1.42 5 1 24,700,000 60.73% 49.27% 18 London Park Towers Apartments No 2.81 5 1 40,000,000 37.50% 31.96% 19 Eagle Crest Apartments No 1.26 5 1 19,200,000 76.04% 66.31% 20 20 E. 46th Street (4) No 1.33 5 1 20,000,000 71.33% 62.54% - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. No 1.27 5 1 17,500,000 78.33% 68.48% 22 Walden Landing Apts. No 1.27 5 1 17,000,000 80.59% 70.32% 23 Brighton Office Center No 1.53 5 1 19,100,000 70.72% 67.19% 24 East Gate Square Shopping Center - Ph. IV No 1.43 0 1 16,500,000 79.26% 75.48% 25 Londonderry Apartments No 3.39 5 1 37,400,000 32.09% 27.34% - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone (4) No 1.36 5 1 16,000,000 74.58% 67.70% 27 Commerce & Design Building No 1.86 5 1 18,500,000 56.48% 49.23% 28 LaGuna Seca Shopping Center No 1.27 5 1 13,100,000 78.89% 69.26% 29 Indio Plaza Shopping Center No 1.32 5 1 13,000,000 79.45% 69.67% 30 Broadway Market Center No 1.28 5 1 12,820,000 79.95% 70.22% - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center No 1.30 5 1 12,600,000 77.44% 67.89% 32 Town Center West (4) No 1.27 5 1 12,250,000 79.61% 69.96% 33 Forest Place Apartments No 1.53 5 1 12,000,000 79.17% 68.80% 34 College Club Apartments (6) No 1.45 5 1 11,900,000 76.47% 67.59% 35 Chatham Executive Center No 1.27 5 1 12,200,000 74.21% 65.49% - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham (4) No 1.32 5 1 12,000,000 73.83% 59.87% 37 Center @ Monocacy No 1.33 5 1 11,400,000 77.02% 68.14% 38 Glendale Safeway Shopping Center No 1.32 5 1 11,500,000 75.39% 65.76% 39 500 S. Gravers Road No 1.39 5 1 12,500,000 68.57% 56.14% 40 Publix@ Laguna Isles No 1.31 5 1 10,500,000 79.95% 70.04% - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma No 1.33 5 1 11,000,000 75.36% 65.91% 42 Lakeview Terrace MHC No 1.28 5 1 11,400,000 72.37% 58.41% 43 1044 Market No 1.23 5 1 10,900,000 73.82% 65.80% 44 Longfellow Apartments No 1.31 5 1 9,650,000 77.76% 68.11% 45 Timberview Apartments No 1.32 5 1 9,375,000 78.24% 68.52% - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments No 3.08 5 1 19,800,000 35.86% 30.56% 47 Eastlake Village No 1.46 5 1 10,150,000 68.81% 61.04% 48 The Grand Reserve No 1.40 5 1 9,300,000 75.09% 65.80% 49 Trafalgar Plaza No 1.39 5 1 9,100,000 74.66% 65.82% 50 Fairfax Ridge No 1.43 5 1 9,500,000 71.46% 63.27% - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center No 1.25 5 1 8,115,000 79.27% 70.18% 52 Costco Ground Lease (7) No 1.36 5 1 8,600,000 74.19% 57.11% 53 Brandon Mills Apartments No 1.34 5 1 8,700,000 72.99% 63.74% 54 Davie Self Storage No 1.33 5 1 8,650,000 68.05% 60.72% 55 Campus Executive Office Park No 1.58 5 1 8,750,000 66.96% 58.27% - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments No 1.26 5 1 7,800,000 73.55% 64.74% 57 Kirkwood Apartments No 5.64 5 1 29,700,000 19.19% 16.36% 58 Rosecrans Center No 1.34 5 1 7,600,000 74.27% 59.25% 59 Federal Heights SC (4) No 1.26 5 1 7,050,000 79.50% 71.18% 60 Washington Square No 1.26 5 1 7,200,000 76.22% 67.75% - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center No 1.60 5 1 9,000,000 60.56% 53.47% 62 Courtyard by Marriott - Frederick No 1.49 5 1 8,100,000 64.46% 52.86% 63 Colonnade III Shopping Center No 1.36 5 1 6,560,000 79.09% 69.92% 64 The Shops at Metro Station No 1.25 5 1 6,450,000 77.52% 69.00% 65 Williamstown Shopping Center No 1.32 5 1 7,100,000 70.14% 62.36% - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments No 3.00 5 1 12,800,000 38.28% 32.62% 67 Blanco Market No 1.30 5 1 6,200,000 78.99% 69.94% 68 Mission Douglas Plaza No 1.32 5 1 6,250,000 78.26% 69.07% 69 813 Diligence Drive No 1.42 5 1 6,400,000 74.87% 65.87% 70 Heritage Square Shopping Center No 1.28 5 1 6,350,000 73.39% 65.30% - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments No 3.83 5 1 14,900,000 30.87% 26.31% 72 Lansdowne Village Apartments No 3.99 5 1 16,600,000 27.71% 23.62% 73 A-1 Self Storage Morena No 1.46 5 1 7,200,000 62.97% 51.06% 74 2033 Chenault Office No 1.29 5 1 5,750,000 78.09% 69.13% 75 289 Highland Avenue No 1.39 5 1 5,600,000 75.54% 65.52% - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments No 1.34 5 1 5,300,000 79.63% 69.74% 77 HEB-Gessner No 1.26 5 1 5,250,000 79.86% 70.34% 78 Heathertree II Apartments No 1.36 5 1 5,100,000 79.63% 69.74% 79 Plaza South No 1.73 5 1 6,500,000 62.27% 54.58% 80 Stratford Executive Park No 1.30 5 1 5,400,000 74.41% 65.77% - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza No 1.51 5 1 5,500,000 72.73% 64.49% 82 Westfield Arms No 1.28 5 1 5,100,000 78.43% 69.20% 83 Vila Dian and Hillcrest (5) No 2.26 5 1 8,050,000 49.59% 43.06% 83a Hillcrest Estates 6,300,000 83b Villa Diann 1,750,000 - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA No 1.40 5 1 6,050,000 64.93% 52.33% 85 Capitol Mobile Home Park No 1.32 5 1 4,900,000 79.76% 70.03% 86 Cullen Crossing (4) No 1.26 5 1 5,450,000 71.35% 63.31% 87 Walgreens-Loveland No 1.33 5 1 5,510,000 69.87% 57.06% 88 A-1 Self Storage Concord No 1.59 5 1 6,600,000 57.61% 46.49% - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC No 1.36 5 1 5,120,000 74.09% 68.64% 90 Friends and Family Self Storage No 1.32 5 1 5,600,000 67.55% 54.69% 91 Village Green Apartments No 1.25 5 1 5,000,000 75.00% 66.14% 92 Novato MHP No 1.33 5 1 5,090,000 73.45% 64.33% 93 Dogwood Creek Apartments No 1.23 5 1 5,010,000 72.65% 59.19% - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II No 1.37 5 1 5,575,000 64.27% 51.81% 95 Storage Pro Richmond No 1.38 5 1 5,500,000 63.47% 51.33% 96 Safeguard Self Storage # 15 No 1.43 5 1 4,600,000 73.67% 60.37% 97 Spring Pine Apartments No 1.30 5 1 4,250,000 78.69% 75.08% 98 National Boulevard Self Storage No 1.59 5 1 4,650,000 69.72% 56.53% - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa No 1.59 5 1 6,550,000 49.44% 39.81% 100 Memorial Park Mini-Storage No 1.38 5 1 4,850,000 65.76% 54.03% 101 Shops at 41st Street No 1.33 5 1 4,100,000 77.63% 69.64% 102 Leland Plaza No 1.30 5 1 3,900,000 79.82% 70.54% 103 Somerville & Cambridge (5) No 1.45 5 1 4,000,000 75.00% 70.64% - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 2,300,000 103b 109 Highland Avenue 1,700,000 104 A-1 Self Storage Cypress No 1.51 5 1 5,050,000 59.18% 47.43% 105 Wynsong 12 No 1.84 5 1 6,100,000 48.72% 41.87% 106 Walgreens - Brooklyn No 1.22 5 1 3,500,000 79.40% 70.57% - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B No 1.37 5 1 4,000,000 67.46% 59.75% 108 Storage Pro Stockton No 1.50 5 1 4,500,000 59.85% 48.40% 109 Frederick Self Storage No 1.81 5 1 5,300,000 50.81% 40.78% 110 1211 Chestnut Street No 1.58 5 1 3,900,000 66.60% 54.09% 111 Dodge Professional Center No 1.26 5 1 3,500,000 74.01% 65.19% - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage No 1.44 5 1 4,000,000 64.63% 44.47% 113 Walgreen's No 1.36 5 1 3,500,000 73.53% 65.06% 114 Magnolia Mini Storage No 1.43 5 1 4,000,000 64.26% 52.14% 115 3301 M Street No 1.29 5 1 3,660,000 69.63% 61.23% 116 Fort Knox SS-Leesburg No 2.08 5 1 5,200,000 47.95% 38.69% - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake No 1.35 5 1 3,310,000 73.95% 60.08% 118 CVS-Pleasant Valley No 1.28 5 1 3,000,000 78.99% 69.92% 119 101 Shoreline Office No 1.40 5 1 3,000,000 78.44% 69.13% 120 Ayres Self Storage No 1.64 5 1 3,450,000 64.99% 52.99% 121 Washington Ave Office No 2.08 5 1 5,000,000 43.92% 38.63% - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner No 2.49 5 1 4,200,000 52.13% 41.97% 123 Wal-Mart Center No 1.26 5 1 2,950,000 72.88% 62.19% 124 Firwood Apartments No 1.40 5 1 2,700,000 77.59% 68.17% 125 Texan Storage No 1.28 5 1 3,200,000 65.46% 53.42% 126 Sure Lock (2) Self Storage No 1.35 5 1 3,000,000 69.73% 56.66% - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza No 1.25 5 1 2,800,000 73.85% 60.26% 128 Park Colony Apartments No 1.30 5 1 2,600,000 78.00% 62.91% 129 Sycamore Villa MHC No 1.68 5 1 3,260,000 61.20% 53.40% 130 Cromwell Bridge No 1.68 5 1 3,200,000 58.41% 51.17% 131 Eckerd-Sterling No 1.66 5 1 3,900,000 45.36% 0.91% - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick No 1.76 5 1 3,200,000 52.98% 42.53% 133 Sure Lock (1) Self Storage No 1.39 5 1 2,300,000 73.09% 59.38% 134 A1A Self Storage No 1.89 5 1 2,650,000 56.55% 45.52% 135 KenilWest Office Building No 1.42 5 1 2,500,000 59.90% 41.01% 136 Safeguard Storage #13 No 1.41 5 1 2,000,000 74.75% 61.09% - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 No 1.38 5 1 1,775,000 74.74% 61.25%
TABLE CONTINUED
YEAR ID PROPERTY NAME ADDRESS CITY STATE ZIP CODE BUILT - ----------------------------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway (2) 15555 & 15575 Lundy Parkway Dearborn MI 48126 1999 2 Scholls Ferry Boulevard 14855 SW Murray Scholls Drive Beaverton OR 97008 2000 3 Fresh Pond Shopping Center 168-210 Alewife Brook Cambridge MA 02138 1962 4 Plaza at Cedar Hill-MCA U.S. Highway 67 and F.M. 1382 Cedar Hill TX 75104 2000 5 Inverrary Gardens 4200 Inverrary Boulevard Lauderhill FL 33319 1973 - ----------------------------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing (3) 1739-1787 N. Central Expressway McKinney TX 75070 1999 7 38 Chauncy Street (4) 38 Chauncy Street Boston MA 02111 1924 8 Rookwood Office Tower 3805 Edwards Road Norwood OH 45209 2000 9 Gates of Arlington 4207 N. Pershing Drive Arlington VA 22203 1938 10 Potomac Place Shopping Center 10100 River Road Potomac MD 20854 1967 - ----------------------------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments 421 Meadowood rive Lithonia GA 30038 1970 12 801 Travis Street 801 Travis Street Houston TX 77002 1981 13 Sudley North Office Center (5) Various Manassas VA 20109 Various 13a 7869 Ashton Ave. 7869 Ashton Ave. Manassas VA 20109 1988 13b 7848 Donegan Drive 7848 Donegan Drive Manassas VA 20109 1997 - ----------------------------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. 7699 Ashton Ave. Manassas VA 20109 1989 13d 7698 Donegan Drive 7698 Donegan Drive Manassas VA 20109 1987 13e 7701 Donegan Drive 7701 Donegan Drive Manassas VA 20109 1989 14 Culver Center Venice Blvd, Midway Ave, Culver Center, Washington Blvd Culver City CA 90232 1949 15 Grande Promenade 230 East W.T. Harris Boulevard Charlotte NC 28262 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza Route 9 & Route 70 Dover Township NJ 08754 1999 17 438 Summit Avenue 438 Summit Avenue Jersey City NJ 07306 1993 18 London Park Towers Apartments 5335, 5375, 5405 Duke Street Alexandria VA 22304 1963 19 Eagle Crest Apartments 1008 Eaglecrest Court Harrisburg PA 17109 1973 20 20 E. 46th Street (4) 20 East 46th Street New York NY 10017 1960 - ----------------------------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. 1601 Hogan Lane Conway AR 72032 1998 22 Walden Landing Apts. 11015 Tara Boulevard Hampton GA 30228 2000 23 Brighton Office Center 2, 4, 6 Brighton Road Clifton NJ 07012 1984 24 East Gate Square Shopping Center - Ph. IV 1301-1361 Nixon Boulevard Moorestown NJ 08057 1997 25 Londonderry Apartments 17041 Downing Street Gaithersburg MD 20877 1964 - ----------------------------------------------------------------------------------------------------------------------------------- 26 The Cornerstone (4) 725 South Rural Rd Tempe AZ 85281 1986 27 Commerce & Design Building 201 West Commerce Avenue High Point NC 27260 1987 28 LaGuna Seca Shopping Center 3020, 3050 and 3060 E. Lohman Avenue Las Cruces NM 88001 2001 29 Indio Plaza Shopping Center 82-188 to 82-184 Hwy. 111 Indio CA 92201 1970 30 Broadway Market Center 5001 S. Broadway Tyler TX 75071 1977 - ----------------------------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center 50855, 50921, 50929, 50949, 50981 Washington Street La Quinta CA 92253 1994 32 Town Center West (4) 1600 E. Willow Street Signal Hill CA 90806 2000 33 Forest Place Apartments 1421 North University Avenue Little Rock AR 72207 1974 34 College Club Apartments (6) 2833 South Adams Street Tallahassee FL 32304 2000 35 Chatham Executive Center 26 Main Street Chatham NJ 07928 1972 - ----------------------------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham (4) 245 Fordham Road University Heights NY 10453 1930 37 Center @ Monocacy 5103-5112 Pegasus Court Frederick MD 21704 1999 38 Glendale Safeway Shopping Center 5010-5090 West Olive Avenue Glendale AZ 85302 1981 39 500 S. Gravers Road 500 S. Gravers Road Plymouth Meeting PA 19462 1956 40 Publix@ Laguna Isles 19401-19451 Sheridan St. Pembroke Pines FL 90120 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma 800 E. Hall of Fame Stillwater OK 74075 1999 42 Lakeview Terrace MHC 5800 N. Madison Drive Kansas City MO 64118 1960 43 1044 Market 1026-1044 Market Street Philadelphia PA 19107 1941 44 Longfellow Apartments 2100 Tannehill Drive Houston TX 77008 1978 45 Timberview Apartments 2100 Tennhill Drive Houston TX 77008 1978 - ----------------------------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments 3200 Curtis Drive Temple Hills MD 20748 1967 47 Eastlake Village 2260 Otay Lakes Road Chula Vista CA 91915 1996 48 The Grand Reserve 1700 Fountain Court Columbus GA 31904 2001 49 Trafalgar Plaza 5300 & 5310 NW 33rd Ave. Fort Lauderdale FL 33309 1986 50 Fairfax Ridge 11242 Waples Mill Road Fairfax VA 22030 1985 - ----------------------------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center 20075 State Rt. 410 Bonney Lake WA 98390 2001 52 Costco Ground Lease (7) 10 Garet Place Commack NY 11725 1993 53 Brandon Mills Apartments 8081 Marvin D. Love Freeway Dallas TX 75237 1985 54 Davie Self Storage 15701 SW 41st Street Davie FL 33331 1999 55 Campus Executive Office Park 7915 & 7919 Folsom Blvd. Sacramento CA 95826 1982 - ----------------------------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments 200 - 364 Old Cedarfield Drive Blacksburg VA 24060 1993 57 Kirkwood Apartments 2731 Nicholson Street Hyattsville MD 20782 1946 58 Rosecrans Center 3555 Rosecrans Street San Diego CA 92110 1987 59 Federal Heights SC (4) Federal blvd. @ West 104th Avenue Federal Heights CO 80221 2000 60 Washington Square 42-100, 200, 400 Washington St. Bermuda Dunes CA 92201 2001 - ----------------------------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center 1411-14435 Rock Spring Road Bel Air MD 21014 1973 62 Courtyard by Marriott - Frederick 5225 Westview Frederick MD 21703 1999 63 Colonnade III Shopping Center 9951 Interstate 10 West San Antonio TX 78230 1983 64 The Shops at Metro Station 6211 Belcrest Road West Hyattsville MD 20782 1999 65 Williamstown Shopping Center 9511-9533 Southwest Frwy/ 9322 Bissonet Houston TX 77074 1978 - ----------------------------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments 25 East Wayne Ave. Silver Springs MD 20901 1956 67 Blanco Market 18360 Blanco Road San Antonio TX 78258 2000 68 Mission Douglas Plaza 3905 Mission Avenue Oceanside CA 92054 1986 69 813 Diligence Drive 813 Diligence Drive Newport News VA 23606 1986 70 Heritage Square Shopping Center 8222-8260 Marbach Road San Antonio TX 78227 1981 - ----------------------------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments 4855 St. Barnabas Road Temple Hills MD 20748 1965 72 Lansdowne Village Apartments 1720 Brightseat Road Landover MD 20785 1963 73 A-1 Self Storage Morena 1190-B West Morena Blvd San Diego CA 92110 1971 74 2033 Chenault Office 2033 Cheanult Drive Carrollton TX 75006 1985 75 289 Highland Avenue 289 Highland Avenue Somerville MA 02144 1989 - ----------------------------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments 4140 N. 78th Street Scottsdale AZ 85251 1971 77 HEB-Gessner 8440 Bissonnet Street Houston TX 77074 1999 78 Heathertree II Apartments 4140 N.78the Street Scottsdale AZ 85251 1972 79 Plaza South 9454 Sun City Blvd Las Vegas NV 89109 1991 80 Stratford Executive Park 1100 South Stratford Road Winston-Salem NC 27103 1969 - ----------------------------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza 375 White Plains Post Road Eastchester NY 10709 1955 82 Westfield Arms 264 Prospect St. Westfield NJ 07090 1929 83 Vila Dian and Hillcrest (5) 4400 La Salle/1000 Oak Dr. Eau Claire/Altoona WI Various Various 83a Hillcrest Estates 1000 Oak Drive Altoona WI 54720 1972 83b Villa Diann 4400 La Salle Eau Claire WI 54703 1975 - ----------------------------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA 6303 Rosemead Blvd Temple City CA 91780 2001 85 Capitol Mobile Home Park 6636 Washington Boulevard Elkridge MD 21075 1973 86 Cullen Crossing (4) 8321-8325 West Broadway Street Pearland TX 77581 2000 87 Walgreens-Loveland 205 East Eisenhower Boulevard Loveland CO 80537 2001 88 A-1 Self Storage Concord 5296 Concord Blvd. Concord CA 94521 1999 - ----------------------------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC 716 North Grand Avenue Covina CA 91724 1957 90 Friends and Family Self Storage 9145 Jones Road Houston TX 77065 1997 91 Village Green Apartments 7601 North Chicot Road Little Rock AR 72209 1988 92 Novato MHP 1530 Armstrong Avenue Novato CA 94945 1950 93 Dogwood Creek Apartments 3237 Yanceyville Street Greensboro NC 27405 1988 - ----------------------------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II 4801 East Park Drive Palm Beach Gardens FL 33410 1999 95 Storage Pro Richmond 101 W. Cutting Blvd Richmond CA 94804 1999 96 Safeguard Self Storage # 15 225 River Road Jefferson LA 70121 1995 97 Spring Pine Apartments 1554 Gessner Drive Houston TX 77080 1970 98 National Boulevard Self Storage 10321 National Boulevard Los Angeles CA 90034 1990 - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa 5654 Copley Drive San Diego CA 92111 2000 100 Memorial Park Mini-Storage 6300 Washington Avenue Houston TX 77007 1997 101 Shops at 41st Street 10357-10379 NW 41 Street Miami FL 33178 2000 102 Leland Plaza 1735 Mount Misery Road Leland NC 28451 2001 103 Somerville & Cambridge (5) Various Various MA Various Various - ----------------------------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street 25-33 Lee Street Cambridge MA 02139 1940 103b 109 Highland Avenue 109 Highland Ave. et al. Sommerville MA 02144 1930 104 A-1 Self Storage Cypress 5081 Lincoln Avenue Cypress CA 90630 1999 105 Wynsong 12 1501 Hanes Mall Blvd Winston Salem NC 27114 1997 106 Walgreens - Brooklyn 210 Union Ave Brooklyn NY 11211 2000 - ----------------------------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B 1116 West Arbrook Arlington TX 76015 1994 108 Storage Pro Stockton 2660 French Camp Turnpike Stockton CA 95206 1999 109 Frederick Self Storage 120 Monroe Avenue Frederick MD 21701 1979 110 1211 Chestnut Street 1211 Chestnut Street Philadelphia PA 19107 1920 111 Dodge Professional Center 8701 West Dodge Road Omaha NE 68114 1984 - ----------------------------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage 65 Kensico Avenue Mt. Kisco NY 10549 1982 113 Walgreen's 14901 NE 6th Avenue Miami FL 33161 2001 114 Magnolia Mini Storage 4719 I-55 South Jackson MS 39212 1994 115 3301 M Street 3301 - 3303 M Street, NW Washington DC 20007 1980 116 Fort Knox SS-Leesburg 755 Gateway Drive SE Leesburg VA 20175 1991 - ----------------------------------------------------- ----------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake Mead 799 East Lake Mead Drive Henderson NV 89015 2000 118 CVS-Pleasant Valley 2 West Road Pleasant Valley NY 12569 2001 119 101 Shoreline Office 101 N. Shoreline Corpus Christi TX 78401 1974 120 Ayres Self Storage 1790 Pomona Road Corona CA 91720 1983 121 Washington Ave Office 29 W. Susquehanna Ave Towson MD 21204 1984 - ----------------------------------------------------- ----------------------------------------------------------------------------- 122 Scott's Corner 10243-10283 York Rd Cockeyville MD 21030 1968 123 Wal-Mart Center 463 S. Davey Crockett Parkway Morristown TN 37813 2001 124 Firwood Apartments 344 Firwood Avenue Dayton OH 45419 1962 125 Texan Storage 2811 Bay Area Blvd. Houston TX 77058 1998 126 Sure Lock (2) Self Storage 8780 W. Bell Road Peoria AZ 85345 1985 - ----------------------------------------------------- ----------------------------------------------------------------------------- 127 Waterman Medical Plaza 2150 Waterman Avenue San Bernadino CA 92404 1987 128 Park Colony Apartments 11200 Huffmeister Houston TX 77065 1978 129 Sycamore Villa MHC 8389 Baker Avenue Rancho Cucamonga CA 91730 1964 130 Cromwell Bridge 1001 Cromwell Bridge Road Townson MD 21286 1981 131 Eckerd-Sterling 46965 Cedar Lakes Plaza Sterling VA 20166 1998 - ----------------------------------------------------- ----------------------------------------------------------------------------- 132 Fort Knox-Frederick 5106 Old National Pike Frederick MD 21702 1987 133 Sure Lock (1) Self Storage 1121 W. Bell Road Phoenix AZ 85023 1984 134 A1A Self Storage 1040 A1A Highway North Ponte Vedra Beach FL 32082 1995 135 KenilWest Office Building 658 Kenilworth Drive Towson MD 21204 1982 136 Safeguard Storage #13 2520 Destrahan Ave. Harvey LA 70058 1985 - ----------------------------------------------------- ----------------------------------------------------------------------------- 137 Safeguard Self Storage #14 2350 Brooklyn Ave. Harvey LA 70058 1985
TABLE CONTINUED
NET UNITS LOAN PER NET PREPAYMENT YEAR RENTABLE OF RENTABLE AREA PROVISIONS ID PROPERTY NAME RENOVATED AREA SF/UNITS MEASURE SF/UNITS (# OF PAYMENTS) - ------------------------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway (2) 453,281 Sq. Ft. 126.89 L(28)D(151)O(1) 2 Scholls Ferry Boulevard 203,235 Sq. Ft. 152.53 L(24)D(92)O(4) 3 Fresh Pond Shopping Center 212,708 Sq. Ft. 143.78 L(60)YM1%(57)O(3) 4 Plaza at Cedar Hill-MCA 299,859 Sq. Ft. 93.22 L(26)D(91)O(3) 5 Inverrary Gardens 513 Unit 46,753.93 L(25)D(91)O(4) - ------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing (3) 2001 234,912 Sq. Ft. 101.59 L(33)D(84)O(3) 7 38 Chauncy Street (4) 2000 130,142 Sq. Ft. 170.58 L(32)D(84)O(4) 8 Rookwood Office Tower 166,148 Sq. Ft. 128.97 L(29)D(88)O(3) 9 Gates of Arlington 465 Unit 45,904.96 L(27)D(90)O(3) 10 Potomac Place Shopping Center 1993 79,438 Sq. Ft. 264.36 L(35)D(48)O(1) - ------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments 2001 415 Unit 46,052.58 L(30)D(87)O(3) 12 801 Travis Street 2001 219,976 Sq. Ft. 85.99 L(12)YM1(69)O(3) 13 Sudley North Office Center (5) 189,209 Sq. Ft. 95.19 L(24)D(92)O(4) 13a 7869 Ashton Ave. 69,374 Sq. Ft. 92.09 13b 7848 Donegan Drive 62,420 Sq. Ft. 97.75 - ------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 31,080 Sq. Ft. 87.30 13d 7698 Donegan Drive 22,857 Sq. Ft. 78.51 13e 7701 Donegan Drive 3,478 Sq. Ft. 291.01 14 Culver Center 2000 112,068 Sq. Ft. 146.98 L(26)D(91)O(3) 15 Grande Promenade 93,207 Sq. Ft. 171.00 L(24)D(92)O(4) - ------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza 108,312 Sq. Ft. 145.33 L(29)D(88)O(3) 17 438 Summit Avenue 123,760 Sq. Ft. 121.20 L(24)D(92)O(4) 18 London Park Towers Apartments 2001 494 Unit 30,364.37 L(24)D(92)O(4) 19 Eagle Crest Apartments 2001 468 Unit 31,196.58 L(24)D(92)O(4) 20 20 E. 46th Street (4) 89,618 Sq. Ft. 159.19 L(27)D(90)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. 2000 336 Unit 40,794.80 L(28)D(89)O(3) 22 Walden Landing Apts. 240 Unit 57,083.33 L(24)D(93)O(3) 23 Brighton Office Center 164,036 Sq. Ft. 82.35 L(47)D(12)O(1) 24 East Gate Square Shopping Center 99,560 Sq. Ft. 131.35 L(23)YM1(35)O(2) 25 Londonderry Apartments 2001 535 Unit 22,429.91 L(24)D(92)O(4) - ------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone (4) 117,762 Sq. Ft. 101.33 L(40)D(77)O(3) 27 Commerce & Design Building 1997 213,320 Sq. Ft. 48.99 L(30)D(87)O(3) 28 LaGuna Seca Shopping Center 117,238 Sq. Ft. 88.15 L(25)D(92)O(3) 29 Indio Plaza Shopping Center 2001 111,650 Sq. Ft. 92.51 L(28)D(89)O(3) 30 Broadway Market Center 2001 93,945 Sq. Ft. 109.11 L(25)D(92)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center 67,046 Sq. Ft. 145.53 L(26)D(90)O(4) 32 Town Center West (4) 83,538 Sq. Ft. 116.73 L(30)D(87)O(3) 33 Forest Place Apartments 1984 256 Unit 37,109.38 L(24)D(92)O(4) 34 College Club Apartments (6) 96 Unit 94,791.67 L(28)D(89)O(3) 35 Chatham Executive Center 1997 63,346 Sq. Ft. 142.93 L(25)D(92)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham (4) 1999 52,849 Sq. Ft. 167.64 L(28)D(89)O(3) 37 Center @ Monocacy 135,360 Sq. Ft. 64.87 L(27)D(90)O(3) 38 Glendale Safeway Shopping Center 1999 103,612 Sq. Ft. 83.68 L(24)D(93)O(3) 39 500 S. Gravers Road 2001 70,310 Sq. Ft. 121.91 L(47)D(72)O(1) 40 Publix@ Laguna Isles 69,475 Sq. Ft. 120.83 L(25)D(92)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma 138 Unit 60,066.25 L(28)D(89)O(3) 42 Lakeview Terrace MHC 1985 576 Unit 14,322.92 L(24)D(93)O(3) 43 1044 Market 2001 36,580 Sq. Ft. 219.96 L(24)D(93)O(3) 44 Longfellow Apartments 2000 256 Unit 29,313.66 L(30)D(87)O(3) 45 Timberview Apartments 2000 248 Unit 29,576.93 L(30)D(87)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments 2001 444 Unit 15,990.99 L(24)D(92)O(4) 47 Eastlake Village 43,471 Sq. Ft. 160.67 L(27)D(91)O(2) 48 The Grand Reserve 140 Unit 49,878.73 L(27)D(90)O(3) 49 Trafalgar Plaza 97,822 Sq. Ft. 69.46 L(30)D(87)O(3) 50 Fairfax Ridge 66,812 Sq. Ft. 101.61 L(26)D(91)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center 41,610 Sq. Ft. 154.59 L(27)D(90)O(3) 52 Costco Ground Lease (7) 135,586 Sq. Ft. 47.06 L(47)D(132)O(1) 53 Brandon Mills Apartments 2001 300 Unit 21,166.67 L(24)D(93)O(3) 54 Davie Self Storage 80,980 Sq. Ft. 72.68 L(33)D(84)O(3) 55 Campus Executive Office Park 77,839 Sq. Ft. 75.27 L(25)D(92)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments 1996 114 Unit 50,322.38 L(25)D(91)O(4) 57 Kirkwood Apartments 2001 669 Unit 8,520.18 L(24)D(92)O(4) 58 Rosecrans Center 43,155 Sq. Ft. 130.79 L(47)D(72)O(1) 59 Federal Heights SC (4) 37,210 Sq. Ft. 150.62 L(37)D(80)O(3) 60 Washington Square 51,572 Sq. Ft. 106.42 L(27)D(90)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center 2001 102,400 Sq. Ft. 53.22 YM1(119)O(1) 62 Courtyard by Marriott - Frederick 90 Room 58,017.23 L(29)D(88)O(3) 63 Colonnade III Shopping Center 54,825 Sq. Ft. 94.63 L(27)D(90)O(3) 64 The Shops at Metro Station 30,210 Sq. Ft. 165.51 L(24)D(92)O(4) 65 Williamstown Shopping Center 1985 70,328 Sq. Ft. 70.81 L(30)D(87)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments 2001 229 Unit 21,397.38 L(24)D(92)O(4) 67 Blanco Market 25,800 Sq. Ft. 189.82 L(25)D(92)O(3) 68 Mission Douglas Plaza 1998 88,004 Sq. Ft. 55.58 L(26)D(89)O(5) 69 813 Diligence Drive 2001 80,086 Sq. Ft. 59.83 L(26)D(90)O(4) 70 Heritage Square Shopping Center 78,900 Sq. Ft. 59.06 L(27)D(90)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments 2001 297 Unit 15,488.22 L(24)D(92)O(4) 72 Lansdowne Village Apartments 2001 349 Unit 13,180.52 L(24)D(92)O(4) 73 A-1 Self Storage Morena 2000 68,334 Sq. Ft. 66.35 L(27)D(90)O(3) 74 2033 Chenault Office 57,373 Sq. Ft. 78.26 L(27)D(90)O(3) 75 289 Highland Avenue 46 Unit 91,956.52 L(47)D(72)O(1) - ------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments 121 Unit 34,880.02 L(30)D(87)O(3) 77 HEB-Gessner 2001 50,537 Sq. Ft. 82.96 L(26)D(91)O(3) 78 Heathertree II Apartments 123 Unit 33,018.04 L(30)D(87)O(3) 79 Plaza South 1993 37,998 Sq. Ft. 106.52 L(47)D(72)O(1) 80 Stratford Executive Park 1993 60,611 Sq. Ft. 66.29 L(26)D(90)O(4) - ------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza 1989 23,317 Sq. Ft. 171.55 L(47)D(72)O(1) 82 Westfield Arms 2001 40 Unit 100,000.00 L(24)D(92)O(4) 83 Vila Dian and Hillcrest (5) 663 Unit 6,021.67 L(26)D(91)O(3) 83a Hillcrest Estates 520 Unit 6,008.58 83b Villa Diann 143 Unit 6,069.28 - ------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA 14,490 Sq. Ft. 271.09 L(25)D(92)O(3) 85 Capitol Mobile Home Park 119 Unit 32,842.04 L(28)D(89)O(3) 86 Cullen Crossing (4) 34,767 Sq. Ft. 111.85 L(35)D(81)O(4) 87 Walgreens-Loveland 15,120 Sq. Ft. 254.63 L(24)D(93)O(3) 88 A-1 Self Storage Concord 53,130 Sq. Ft. 71.57 L(29)D(88)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC 2000 103 Unit 36,828.46 L(26)D(55)O(3) 90 Friends and Family Self Storage 1999 125,665 Sq. Ft. 30.10 L(28)D(89)O(3) 91 Village Green Apartments 172 Unit 21,802.33 L(24)D(92)O(4) 92 Novato MHP 1995 82 Unit 45,591.03 L(28)D(89)O(3) 93 Dogwood Creek Apartments 128 Unit 28,437.50 L(24)D(92)O(4) - ------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II 61,764 Sq. Ft. 58.01 L(28)D(89)O(3) 95 Storage Pro Richmond 58,190 Sq. Ft. 59.99 L(26)D(91)O(3) 96 Safeguard Self Storage # 15 56,883 Sq. Ft. 59.57 L(27)D(90)O(3) 97 Spring Pine Apartments 1998 136 Unit 24,590.48 L(26)D(30)O(4) 98 National Boulevard Self Storage 27,234 Sq. Ft. 119.03 L(47)D(72)O(1) - ------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa 69,085 Sq. Ft. 46.87 L(27)D(90)O(3) 100 Memorial Park Mini-Storage 1999 67,839 Sq. Ft. 47.02 L(27)D(90)O(3) 101 Shops at 41st Street 18,398 Sq. Ft. 172.99 L(33)D(84)O(3) 102 Leland Plaza 39,000 Sq. Ft. 79.82 L(27)D(90)O(3) 103 Somerville & Cambridge (5) 71 Unit 42,253.52 L(47)D(12)O(1) - ------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 1996 37 Unit 46,756.76 103b 109 Highland Avenue 34 Unit 37,352.94 104 A-1 Self Storage Cypress 52,850 Sq. Ft. 56.55 L(27)D(90)O(3) 105 Wynsong 12 1999 44,565 Sq. Ft. 66.69 L(47)D(72)O(1) 106 Walgreens - Brooklyn 17,436 Sq. Ft. 159.38 L(27)D(90)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B 2001 19,111 Sq. Ft. 141.21 L(25)D(92)O(3) 108 Storage Pro Stockton 62,400 Sq. Ft. 43.16 L(26)D(91)O(3) 109 Frederick Self Storage 1995 70,846 Sq. Ft. 38.01 L(26)D(91)O(3) 110 1211 Chestnut Street 1998 101,007 Sq. Ft. 25.72 L(25)D(91)O(4) 111 Dodge Professional Center 1994 38,955 Sq. Ft. 66.49 L(29)D(88)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage 32,575 Sq. Ft. 79.36 L(27)D(90)O(3) 113 Walgreen's 14,914 Sq. Ft. 172.57 L(47)YM1(72)O(1) 114 Magnolia Mini Storage 90,050 Sq. Ft. 28.54 L(26)D(91)O(3) 115 3301 M Street 10 Unit 254,853.83 L(25)D(91)O(4) 116 Fort Knox SS-Leesburg 1996 56,345 Sq. Ft. 44.25 L(26)D(91)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake 79,224 Sq. Ft. 30.90 L(25)D(92)O(3) 118 CVS-Pleasant Valley 10,125 Sq. Ft. 234.04 L(27)D(90)O(3) 119 101 Shoreline Office 67,852 Sq. Ft. 34.68 L(28)D(89)O(3) 120 Ayres Self Storage 1997 66,373 Sq. Ft. 33.78 L(24)D(93)O(3) 121 Washington Ave Office 2001 68,244 Sq. Ft. 32.18 L(26)D(91)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner 1998 38,228 Sq. Ft. 57.28 L(28)D(89)O(3) 123 Wal-Mart Center 23,900 Sq. Ft. 89.96 L(24)D(93)O(3) 124 Firwood Apartments 1975 102 Unit 20,539.28 L(27)D(90)O(3) 125 Texan Storage 62,510 Sq. Ft. 33.51 L(26)D(91)O(3) 126 Sure Lock (2) Self Storage 1993 72,576 Sq. Ft. 28.82 L(24)D(93)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza 24,290 Sq. Ft. 85.13 L(27)D(89)O(4) 128 Park Colony Apartments 86 Unit 23,581.25 L(25)D(92)O(3) 129 Sycamore Villa MHC 2000 96 Unit 20,781.19 L(27)D(90)O(3) 130 Cromwell Bridge 29,931 Sq. Ft. 62.45 L(28)D(89)O(3) 131 Eckerd-Sterling 10,908 Sq. Ft. 162.16 L(25)D(93)O(62) - ------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick 45,130 Sq. Ft. 37.57 L(26)D(91)O(3) 133 Sure Lock (1) Self Storage 68,813 Sq. Ft. 24.43 L(24)D(93)O(3) 134 A1A Self Storage 1997 36,585 Sq. Ft. 40.96 L(25)D(92)O(3) 135 KenilWest Office Building 22,730 Sq. Ft. 65.88 L(25)D(92)O(3) 136 Safeguard Storage #13 56,806 Sq. Ft. 26.32 L(27)D(90)O(3) - ------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 46,790 Sq. Ft. 28.35 L(27)D(90)O(3)
TABLE CONTINUED
THIRD THIRD MOST SECOND SECOND MOST MOST RECENT MOST RECENT RECENT NOI MOST RECENT RECENT NOI MOST RECENT NOI ID PROPERTY NAME NOI DATE NOI DATE NOI DATE - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway 2 Scholls Ferry Boulevard 597,760 12/31/2000 2,392,610 11/30/2001 2,539,397 11/30/2001 3 Fresh Pond Shopping Center 3,121,701 12/31/1999 3,563,926 12/31/2000 3,829,517 09/30/2001 4 Plaza at Cedar Hill-MCA 2,896,351 10/31/2001 5 Inverrary Gardens 2,293,581 12/31/1999 2,421,413 12/31/2000 2,659,879 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing 1,937,122 12/31/2000 1,987,201 02/28/2001 7 38 Chauncy Street 1,297,652 12/31/1999 1,474,359 12/31/2000 1,735,135 05/31/2001 8 Rookwood Office Tower 9 Gates of Arlington 2,235,347 12/31/1999 2,340,086 12/31/2000 2,365,523 08/31/2001 10 Potomac Place Shopping Center 2,419,557 12/31/1999 2,562,893 12/31/2000 2,884,717 10/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments 1,621,265 12/31/1999 1,935,737 12/31/2000 2,237,561 12/31/2001 12 801 Travis Street 2,670,713 12/31/1999 2,635,699 12/31/2000 2,581,490 08/31/2001 13 Sudley North Office Center 1,822,157 12/31/1999 2,270,751 12/31/2000 2,405,793 12/31/2001 13a 7869 Ashton Ave. 704,388 12/31/1999 751,603 12/31/2000 788,957 12/31/2001 13b 7848 Donegan Drive 434,791 12/31/1999 800,177 12/31/2000 900,255 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 268,444 12/31/1999 333,368 12/31/2000 348,498 12/31/2001 13d 7698 Donegan Drive 234,418 12/31/1999 197,604 12/31/2000 177,112 12/31/2001 13e 7701 Donegan Drive 180,117 12/31/1999 187,999 12/31/2000 190,971 12/31/2001 14 Culver Center 482,596 12/31/1999 425,366 12/31/2000 1,638,152 11/30/2001 15 Grande Promenade 1,350,578 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza 709,887 12/31/2000 1,350,554 07/31/2001 17 438 Summit Avenue 2,548,857 12/31/1999 2,543,924 12/31/2000 2,425,605 12/31/2001 18 London Park Towers Apartments 2,612,861 12/31/1999 2,845,637 12/31/2000 3,361,374 12/31/2001 19 Eagle Crest Apartments 1,109,689 11/30/2000 1,473,617 11/30/2001 1,568,637 01/31/2002 20 20 E. 46th Street 1,122,315 12/31/1999 1,455,997 12/31/2000 1,766,125 09/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. 403,486 12/31/1999 902,426 12/31/2000 1,311,860 09/30/2001 22 Walden Landing Apts. 805,347 12/31/2001 23 Brighton Office Center 1,723,884 12/31/1999 1,833,188 12/31/2000 24 East Gate Square Shopping Center - Ph. IV 1,782,636 12/31/1999 1,687,523 12/31/2000 1,819,592 09/30/2001 25 Londonderry Apartments 2,589,243 12/31/1999 2,874,189 12/31/2000 3,251,720 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone 1,089,524 12/31/1999 1,197,833 12/31/2000 1,279,361 04/30/2001 27 Commerce & Design Building 1,659,052 12/31/1999 1,792,345 12/31/2000 1,906,006 05/31/2001 28 LaGuna Seca Shopping Center 29 Indio Plaza Shopping Center 662,378 12/31/2000 1,067,674 07/31/2001 30 Broadway Market Center - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center 965,981 12/31/1999 930,087 12/31/2000 1,174,959 12/31/2001 32 Town Center West 33 Forest Place Apartments 1,218,033 12/31/1999 1,233,653 12/31/2000 1,247,426 12/31/2001 34 College Club Apartments 35 Chatham Executive Center 1,304,775 12/31/1999 1,313,981 12/31/2000 1,230,810 11/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham 59,601 12/31/1999 519,693 12/31/2000 1,037,105 12/31/2001 37 Center @ Monocacy 56,708 12/31/1999 672,094 12/31/2000 1,084,900 11/30/2001 38 Glendale Safeway Shopping Center 389,443 12/31/1999 429,807 12/31/2000 448,143 11/30/2001 39 500 S. Gravers Road 56,807 12/31/2000 40 Publix@ Laguna Isles 438,365 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma 601,434 12/31/2000 558,417 07/31/2001 42 Lakeview Terrace MHC 977,601 12/31/1999 973,725 12/31/2000 989,952 10/31/2001 43 1044 Market 44 Longfellow Apartments 874,956 12/31/1999 902,727 12/31/2000 881,319 05/31/2001 45 Timberview Apartments 875,202 12/31/1999 874,772 12/31/2000 870,775 05/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments 1,233,500 12/31/1999 1,565,477 12/31/2000 1,761,328 12/31/2001 47 Eastlake Village 423,172 12/31/1999 565,953 12/31/2000 778,248 08/30/2001 48 The Grand Reserve 235,874 12/31/2001 49 Trafalgar Plaza 943,104 12/31/1999 886,365 12/31/2000 820,613 06/30/2001 50 Fairfax Ridge 538,379 12/31/1999 641,816 12/31/2000 873,426 10/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center 39,293 12/31/2000 246,030 10/31/2001 52 Costco Ground Lease 740,385 12/31/1999 740,385 12/31/2000 53 Brandon Mills Apartments 772,767 12/31/1999 763,173 12/31/2000 723,547 12/31/2001 54 Davie Self Storage 396,536 12/31/2000 712,717 11/30/2001 55 Campus Executive Office Park 683,955 12/31/1999 729,732 12/31/2000 724,113 11/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments 350,640 12/31/1999 329,392 12/31/2000 493,539 12/31/2001 57 Kirkwood Apartments 2,081,110 12/31/1999 2,428,848 12/31/2000 2,529,754 12/31/2001 58 Rosecrans Center 484,910 12/31/2000 597,315 12/31/2001 59 Federal Heights SC 214,745 12/31/2000 531,692 07/31/2001 60 Washington Square - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center 370,731 12/31/1999 326,828 12/31/2000 378,547 12/31/2001 62 Courtyard by Marriott - Frederick 488,294 12/31/1999 979,414 12/31/2000 965,626 12/31/2001 63 Colonnade III Shopping Center 555,542 12/31/1999 680,377 12/31/2000 711,959 07/31/2001 64 The Shops at Metro Station 435,033 12/31/2000 523,724 12/31/2001 65 Williamstown Shopping Center 528,497 12/31/1999 466,052 12/31/2000 595,890 06/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments 977,630 12/31/1999 1,035,275 12/31/2000 1,204,348 12/31/2001 67 Blanco Market 47,442 12/31/2000 202,640 09/30/2001 68 Mission Douglas Plaza 432,568 12/31/1999 511,701 12/31/2000 489,476 11/30/2001 69 813 Diligence Drive 702,065 12/31/1999 681,695 12/31/2000 592,757 11/30/2001 70 Heritage Square Shopping Center 188,692 12/31/1999 199,413 12/31/2000 351,319 08/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments 1,097,359 12/31/1999 1,326,264 12/31/2000 1,410,328 12/31/2001 72 Lansdowne Village Apartments 1,202,033 12/31/1999 1,269,501 12/31/2000 1,438,348 12/31/2001 73 A-1 Self Storage Morena -1,241 12/31/2000 492,676 10/31/2001 74 2033 Chenault Office 307,435 12/31/1999 476,093 12/31/2000 530,487 09/30/2001 75 289 Highland Avenue 380,718 12/31/1999 430,183 12/31/2000 515,732 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments 489,621 12/31/1999 483,399 12/31/2000 481,500 05/31/2001 77 HEB-Gessner 245,360 12/31/2000 363,685 08/31/2001 78 Heathertree II Apartments 461,542 12/31/1999 481,145 12/31/2000 485,012 05/31/2001 79 Plaza South 584,845 12/31/1999 617,868 12/31/2000 644,803 11/30/2001 80 Stratford Executive Park 442,193 12/31/2000 499,165 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza 234,198 12/31/1999 321,039 12/31/2000 376,883 12/31/2001 82 Westfield Arms 414,339 12/31/2000 477,395 12/31/2001 83 Vila Dian and Hillcrest 778,852 12/31/1999 799,900 12/31/2000 83a Hillcrest Estates 561,479 12/31/1999 581,308 12/31/2000 83b Villa Diann 217,373 12/31/1999 218,592 12/31/2000 - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA 85 Capitol Mobile Home Park 420,353 12/31/1999 464,386 12/31/2000 480,891 06/30/2001 86 Cullen Crossing 418,753 12/31/2001 87 Walgreens-Loveland 88 A-1 Self Storage Concord 323,693 12/31/2000 522,965 08/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC 346,811 12/31/1999 451,015 12/31/2000 464,865 09/30/2001 90 Friends and Family Self Storage 249,222 12/31/1999 345,924 12/31/2000 429,323 08/31/2001 91 Village Green Apartments 463,642 12/31/2000 452,613 12/31/2001 460,758 02/28/2002 92 Novato MHP 431,951 12/31/1999 450,691 12/31/2000 482,209 06/30/2001 93 Dogwood Creek Apartments 535,833 12/31/2000 531,205 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II 283,557 12/31/2000 432,492 08/31/2001 95 Storage Pro Richmond -11,881 12/31/1999 116,880 12/31/2000 388,129 09/30/2001 96 Safeguard Self Storage # 15 443,446 12/31/1999 447,407 12/31/2000 464,622 09/30/2001 97 Spring Pine Apartments 330,508 12/31/1999 424,200 12/31/2000 509,966 01/31/2002 98 National Boulevard Self Storage 494,362 12/31/1999 496,277 12/31/2000 458,563 10/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa 134,508 12/31/2000 399,740 08/31/2001 100 Memorial Park Mini-Storage 292,368 12/31/1999 375,703 12/31/2000 433,812 09/30/2001 101 Shops at 41st Street 102 Leland Plaza 103 Somerville & Cambridge 223,653 12/31/1999 255,467 12/31/2000 408,698 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 115,584 12/31/1999 140,373 12/31/2000 227,259 12/31/2001 103b 109 Highland Avenue 108,069 12/31/1999 115,094 12/31/2000 181,439 12/31/2001 104 A-1 Self Storage Cypress 25,347 12/31/2000 298,822 08/31/2001 105 Wynsong 12 338,094 12/31/1999 656,216 12/31/2000 106 Walgreens - Brooklyn - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B 108 Storage Pro Stockton 15,344 12/31/2000 279,510 09/30/2001 109 Frederick Self Storage 470,462 12/31/1999 476,292 12/31/2000 455,962 09/30/2001 110 1211 Chestnut Street 330,305 12/31/1999 454,908 12/31/2000 443,752 12/31/2001 111 Dodge Professional Center 331,597 12/31/1999 356,535 12/31/2000 359,665 07/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage 372,678 12/31/1999 389,885 12/31/2000 384,291 06/30/2001 113 Walgreen's 114 Magnolia Mini Storage 342,428 12/31/2000 385,108 09/30/2001 115 3301 M Street 129,071 12/31/1999 219,527 12/31/2000 242,567 12/31/2001 116 Fort Knox SS-Leesburg 413,821 12/31/1999 526,129 12/31/2000 517,484 09/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake Mead 10,099 12/31/2000 238,157 11/30/2001 118 CVS-Pleasant Valley 119 101 Shoreline Office 396,825 12/31/1999 430,374 12/31/2000 369,978 06/30/2001 120 Ayres Self Storage 320,037 12/31/1999 339,337 12/31/2000 353,386 11/30/2001 121 Washington Ave Office 520,911 12/31/1999 358,440 12/31/2000 187,241 09/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner 575,745 12/31/1999 590,027 12/31/2000 573,404 05/31/2001 123 Wal-Mart Center 12/31/2001 124 Firwood Apartments 286,772 12/31/1999 295,119 12/31/2000 264,912 10/30/2001 125 Texan Storage 131,845 12/31/1999 152,574 12/31/2000 265,732 12/31/2001 126 Sure Lock (2) Self Storage 310,885 12/31/1999 292,665 12/31/2000 284,587 12/31/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza 238,151 12/31/1999 238,575 12/31/2000 256,324 12/31/2001 128 Park Colony Apartments 273,852 12/31/1999 254,531 12/31/2000 283,969 12/31/2001 129 Sycamore Villa MHC 259,161 12/31/1999 264,066 12/31/2000 300,566 09/30/2001 130 Cromwell Bridge 368,230 12/31/1999 332,930 12/31/2000 358,946 09/10/2001 131 Eckerd-Sterling 284,960 12/31/2000 341,952 11/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick 307,624 12/31/1999 291,223 12/31/2000 272,845 09/30/2001 133 Sure Lock (1) Self Storage 248,873 12/31/1999 257,698 12/31/2000 238,038 12/31/2001 134 A1A Self Storage 212,743 12/31/1999 239,823 12/31/2000 270,338 09/30/2001 135 KenilWest Office Building 229,898 12/31/1999 250,054 12/31/2000 252,475 09/30/2001 136 Safeguard Storage #13 219,161 12/31/1999 210,554 12/31/2000 213,987 09/30/2001 - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 224,643 12/31/1999 189,830 12/31/2000 180,816 09/30/2001
TABLE CONTINUED
UNDERWRITTEN UNDERWRITTEN UNDERWRITTEN UNDERWRITTEN UNDERWRITTEN UNDERWRITTEN ID PROPERTY NAME NOI REVENUE EGI EXPENSES NET CASH FLOW RESERVES - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway 6,955,964 6,955,964 6,955,964 - 6,955,964 - 2 Scholls Ferry Boulevard 3,621,981 3,641,970 4,782,701 1,160,720 3,365,562 40,647 3 Fresh Pond Shopping Center 3,612,065 3,892,440 5,055,088 1,443,024 3,416,693 42,542 4 Plaza at Cedar Hill-MCA 3,116,237 3,313,626 4,358,626 1,242,389 2,933,622 44,979 5 Inverrary Gardens 2,550,308 4,279,052 4,495,831 1,945,523 2,422,058 128,250 - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing 2,718,597 2,855,921 3,863,521 1,144,925 2,598,818 35,316 7 38 Chauncy Street 2,489,341 3,429,493 3,550,145 1,060,804 2,265,444 26,028 8 Rookwood Office Tower 2,489,338 2,534,587 3,697,240 1,207,902 2,277,325 33,230 9 Gates of Arlington 2,332,862 4,115,324 4,181,324 1,848,462 2,216,612 116,250 10 Potomac Place Shopping Center 2,883,243 2,917,824 3,647,339 764,096 2,745,778 18,271 - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments 2,113,957 3,281,301 3,431,157 1,317,201 1,982,302 131,655 12 801 Travis Street 3,273,534 4,379,949 5,270,050 1,996,515 2,984,186 43,995 13 Sudley North Office Center 2,144,236 3,220,907 3,273,470 1,129,234 1,876,182 37,699 13a 7869 Ashton Ave. 717,347 1,042,177 1,042,177 324,829 640,178 13,875 13b 7848 Donegan Drive 752,365 1,135,851 1,139,363 386,998 651,341 12,484 - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 326,471 532,292 537,971 211,500 275,564 6,073 13d 7698 Donegan Drive 229,279 381,527 408,723 179,445 196,509 4,571 13e 7701 Donegan Drive 118,774 129,060 145,237 26,463 112,591 696 14 Culver Center 1,867,875 2,056,257 2,592,057 724,182 1,788,785 25,942 15 Grande Promenade 1,913,373 1,918,112 2,278,890 365,517 1,793,287 18,641 - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza 1,723,310 1,825,933 2,282,564 559,255 1,675,315 15,909 17 438 Summit Avenue 2,081,864 1,958,437 3,120,316 1,038,451 1,880,001 23,960 18 London Park Towers Apartments 3,238,120 5,637,291 5,802,509 2,564,389 3,083,536 154,584 19 Eagle Crest Apartments 1,582,302 2,859,966 2,963,844 1,381,542 1,465,302 117,000 20 20 E. 46th Street 1,736,679 3,187,738 3,508,720 1,772,041 1,530,719 17,924 - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. 1,470,643 1,944,968 1,988,933 518,291 1,395,043 75,600 22 Walden Landing Apts. 1,441,909 2,074,343 2,195,343 753,434 1,393,909 48,000 23 Brighton Office Center 1,842,703 1,816,457 3,102,357 1,259,654 1,657,448 26,245 24 East Gate Square Shopping Center - Ph. VI 1,595,132 1,665,086 2,168,320 573,189 1,541,666 14,934 25 Londonderry Apartments 3,149,065 5,275,923 5,462,554 2,313,489 2,975,553 173,512 - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone 1,549,688 1,602,083 2,069,497 519,809 1,444,690 19,998 27 Commerce & Design Building 1,725,047 2,518,331 2,698,070 973,023 1,524,888 42,326 28 LaGuna Seca Shopping Center 1,163,008 1,220,784 1,444,050 281,042 1,073,922 17,586 29 Indio Plaza Shopping Center 1,169,898 1,248,944 1,617,262 447,364 1,102,167 24,113 30 Broadway Market Center 1,134,847 1,200,949 1,482,949 348,102 1,071,699 25,365 - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center 1,083,980 1,149,302 1,440,497 356,517 1,029,524 13,409 32 Town Center West 1,029,676 1,075,954 1,386,279 356,603 1,003,807 11,842 33 Forest Place Apartments 1,225,592 2,003,605 2,087,832 862,240 1,142,392 83,200 34 College Club Apartments 1,051,514 1,494,374 1,763,596 712,083 1,022,714 28,800 35 Chatham Executive Center 1,072,025 1,512,213 1,659,868 587,843 960,536 19,637 - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham 1,029,819 1,384,332 1,489,483 459,664 1,021,081 8,738 37 Center @ Monocacy 1,086,743 1,113,240 1,351,763 265,021 977,447 20,304 38 Glendale Safeway Shopping Center 989,701 1,056,975 1,367,180 377,480 914,010 33,089 39 500 S. Gravers Road 1,147,738 1,411,356 1,628,614 480,877 1,076,904 10,547 40 Publix@ Laguna Isles 933,201 985,310 1,334,584 401,383 887,429 10,421 - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma 929,261 1,358,605 1,408,605 479,344 880,961 48,300 42 Lakeview Terrace MHC 939,825 1,504,200 1,517,924 578,099 921,725 18,100 43 1044 Market 903,321 1,004,955 1,470,368 567,047 861,724 17,030 44 Longfellow Apartments 845,209 1,554,677 1,608,677 763,468 787,097 58,112 45 Timberview Apartments 833,473 1,505,767 1,552,367 718,895 775,056 58,416 - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments 1,733,329 3,498,843 3,624,289 1,890,960 1,601,329 132,000 47 Eastlake Village 917,255 933,324 1,380,683 463,428 867,577 6,521 48 The Grand Reserve 816,090 1,185,686 1,252,765 436,674 788,090 28,000 49 Trafalgar Plaza 892,059 991,619 1,524,824 632,764 775,459 22,100 50 Fairfax Ridge 904,407 1,134,329 1,416,486 512,079 821,742 14,240 - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center 713,425 728,826 894,826 181,401 675,365 9,957 52 Costco Ground Lease 699,910 725,577 725,577 25,667 699,910 - 53 Brandon Mills Apartments 741,645 1,628,378 1,714,227 972,582 681,645 60,000 54 Davie Self Storage 685,432 1,062,384 1,117,384 431,952 671,815 13,617 55 Campus Executive Office Park 858,211 1,337,027 1,382,027 523,816 728,997 15,358 - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments 629,275 821,712 862,842 233,567 595,075 34,200 57 Kirkwood Apartments 2,521,808 5,358,535 5,538,307 3,016,499 2,352,551 169,257 58 Rosecrans Center 727,608 732,609 973,410 245,803 688,365 8,631 59 Federal Heights SC 660,683 687,107 918,977 258,294 610,883 5,593 60 Washington Square 631,838 671,032 842,033 210,194 591,979 7,731 - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center 790,298 892,184 1,091,408 301,110 728,519 15,818 62 Courtyard by Marriott - Frederick 829,413 2,243,855 2,508,855 1,679,442 703,970 125,443 63 Colonnade III Shopping Center 652,094 702,071 894,664 242,570 591,524 9,382 64 The Shops at Metro Station 561,042 590,325 717,281 156,239 539,894 6,042 65 Williamstown Shopping Center 630,814 693,896 889,062 258,248 558,877 19,021 - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments 1,133,146 2,403,859 2,499,518 1,366,372 1,076,896 56,250 67 Blanco Market 564,309 603,230 833,230 268,922 536,651 3,870 68 Mission Douglas Plaza 588,846 610,293 840,181 251,335 538,639 13,039 69 813 Diligence Drive 639,973 890,763 890,763 250,791 561,622 16,818 70 Heritage Square Shopping Center 590,288 620,964 896,418 306,130 513,489 18,476 - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments 1,386,840 2,865,778 2,969,728 1,582,888 1,290,909 95,931 72 Lansdowne Village Apartments 1,452,390 2,874,367 2,985,865 1,533,475 1,342,335 110,055 73 A-1 Self Storage Morena 595,978 878,624 917,679 321,701 581,978 14,000 74 2033 Chenault Office 535,428 615,484 710,484 175,055 487,854 11,475 75 289 Highland Avenue 501,961 701,670 711,297 209,336 490,711 11,250 - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments 486,192 967,783 1,018,483 532,290 453,694 32,498 77 HEB-Gessner 472,772 502,590 639,841 167,069 435,095 7,231 78 Heathertree II Apartments 475,386 955,828 1,003,328 527,942 442,316 33,070 79 Plaza South 602,748 606,358 732,335 129,587 569,495 5,700 80 Stratford Executive Park 503,562 694,288 759,658 256,095 436,766 12,059 - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza 523,557 549,492 814,963 291,406 513,357 3,498 82 Westfield Arms 438,209 525,742 604,239 166,030 426,209 12,000 83 Vila Dian and Hillcrest 767,417 1,196,192 1,196,192 428,775 706,369 61,048 83a Hillcrest Estates 556,554 861,978 861,978 305,424 508,673 47,881 83b Villa Diann 210,863 334,214 334,214 123,351 197,696 13,167 - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA 476,752 469,400 532,400 55,648 474,579 2,174 85 Capitol Mobile Home Park 425,187 576,270 675,894 250,707 419,272 5,916 86 Cullen Crossing 447,755 489,913 663,213 215,458 411,346 5,210 87 Walgreens-Loveland 464,423 475,000 528,852 64,429 462,155 2,268 88 A-1 Self Storage Concord 527,867 697,384 809,884 282,017 519,898 7,970 - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC 443,727 562,120 669,920 226,193 423,805 19,922 90 Friends and Family Self Storage 455,205 748,238 770,238 315,033 436,355 18,850 91 Village Green Apartments 439,446 936,257 973,238 533,793 388,749 50,697 92 Novato MHP 405,634 493,750 510,744 105,109 401,534 4,100 93 Dogwood Creek Apartments 437,801 692,754 713,541 275,740 399,401 38,400 - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II 430,453 681,441 695,441 264,988 421,188 9,265 95 Storage Pro Richmond 429,709 670,840 701,340 271,631 420,709 9,000 96 Safeguard Self Storage # 15 447,516 650,516 675,516 228,000 438,983 8,532 97 Spring Pine Apartments 398,048 799,543 852,814 454,767 364,298 33,750 98 National Boulevard Self Storage 456,550 629,992 666,085 209,535 452,481 4,068 - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa 453,929 732,098 767,305 313,376 443,566 10,363 100 Memorial Park Mini-Storage 410,678 758,471 781,471 370,793 400,502 10,176 101 Shops at 41st Street 392,319 402,509 517,952 125,633 370,636 2,760 102 Leland Plaza 349,632 374,073 420,178 70,546 337,686 5,850 103 Somerville & Cambridge 367,654 643,252 654,230 285,826 349,904 17,750 - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 203,612 349,978 356,543 152,181 194,362 9,250 103b 109 Highland Avenue 164,042 293,274 297,687 133,645 155,542 8,500 104 A-1 Self Storage Cypress 389,631 613,114 641,640 252,009 381,703 7,928 105 Wynsong 12 585,749 388,589 603,865 18,116 554,905 8,913 106 Walgreens - Brooklyn 292,894 460,000 513,424 220,530 290,279 2,615 - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B 329,987 354,507 451,700 121,713 311,276 3,950 108 Storage Pro Stockton 362,966 590,284 613,284 250,318 353,466 9,500 109 Frederick Self Storage 429,342 645,781 668,781 239,439 415,197 14,145 110 1211 Chestnut Street 505,131 1,139,452 1,149,493 644,362 361,704 20,201 111 Dodge Professional Center 309,824 574,778 607,178 297,354 268,349 7,791 - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage 359,926 597,307 607,807 247,881 352,259 7,667 113 Walgreen's 295,000 295,000 365,979 70,979 293,807 1,193 114 Magnolia Mini Storage 336,761 480,835 511,835 175,074 323,253 13,508 115 3301 M Street 277,812 213,182 362,825 85,012 270,932 3,000 116 Fort Knox SS-Leesburg 458,555 673,730 693,730 235,176 450,103 8,452 - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake Mead 304,009 443,662 443,662 139,653 292,348 11,661 118 CVS-Pleasant Valley 255,899 251,708 311,388 55,490 254,380 1,519 119 101 Shoreline Office 363,224 746,478 783,264 420,040 272,067 13,570 120 Ayres Self Storage 340,465 496,410 519,410 178,945 330,434 10,031 121 Washington Ave Office 467,117 1,059,881 1,193,321 726,203 375,410 23,937 - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner 516,141 573,929 686,138 169,997 466,585 17,114 123 Wal-Mart Center 264,768 281,626 323,899 59,131 241,794 3,561 124 Firwood Apartments 269,243 532,019 552,417 283,174 238,643 30,600 125 Texan Storage 248,853 427,774 458,437 209,585 239,476 9,377 126 Sure Lock (2) Self Storage 262,060 496,142 513,442 251,382 251,173 10,886 - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza 264,225 276,308 398,106 133,880 230,212 4,858 128 Park Colony Apartments 255,334 530,222 569,980 314,646 228,586 26,748 129 Sycamore Villa MHC 270,211 438,736 581,736 311,525 265,891 4,320 130 Cromwell Bridge 290,083 410,418 414,218 124,135 253,015 5,986 131 Eckerd-Sterling 323,828 331,696 388,057 64,229 322,192 1,636 - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick 260,875 417,553 435,005 174,130 254,106 6,770 133 Sure Lock (1) Self Storage 218,173 417,378 441,684 223,511 207,851 10,322 134 A1A Self Storage 249,173 405,864 415,656 166,484 243,685 5,488 135 KenilWest Office Building 227,150 356,387 359,507 132,357 199,990 4,833 136 Safeguard Storage #13 197,416 306,169 340,169 142,753 188,895 8,521 - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 172,519 275,363 308,363 135,844 165,501 7,019
LEASE ID PROPERTY NAME LARGEST TENANT SF EXPIRATION - --------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway Ford Motor Company 453,281 12/31/16 2 Scholls Ferry Boulevard Metro One 56,720 7/31/09 3 Fresh Pond Shopping Center Toys R Us 46,068 10/31/17 4 Plaza at Cedar Hill-MCA Hobby Lobby 60,780 9/30/15 5 Inverrary Gardens - -------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing Home Depot (Ground Lease) 108,003 1/31/29 7 38 Chauncy Street Vanasse Hangen Brustlin 19,686 4/30/06 8 Rookwood Office Tower Health Foundation of Cincinnati 27,490 6/15/11 9 Gates of Arlington 10 Potomac Place Shopping Center Safeway 20,159 9/30/27 - -------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments 12 801 Travis Street Wells Fargo & Company 204,016 12/31/06 13 Sudley North Office Center 13a 7869 Ashton Ave. Prince William County 69,374 12/31/09 13b 7848 Donegan Drive Allstate Insurance 20,020 10/31/04 - -------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. EG&G 10,461 2/28/06 13d 7698 Donegan Drive Department of Veteran Affairs 5,965 6/4/04 13e 7701 Donegan Drive Bank of America 3,478 12/31/06 14 Culver Center Best Buy 45,000 12/31/18 15 Grande Promenade Chen`s Gourmet 9,987 3/14/11 - -------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza Stop & Shop 56,000 7/31/26 17 438 Summit Avenue State of New Jersey (Office) 119,800 11/30/13 18 London Park Towers Apartments 19 Eagle Crest Apartments 20 20 E. 46th Street Duane Reade 9,472 12/31/03 - -------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. 22 Walden Landing Apts. 23 Brighton Office Center Linens N' Things 59,000 9/30/08 24 East Gate Square Shopping Center - Ph. IV Barnes & Noble 30,149 1/31/13 25 Londonderry Apartments - -------------------------------------------------------------------------------------------------------------- 26 The Cornerstone SCCA Fitness Leasing 19,848 5/31/22 27 Commerce & Design Building Charleswood Corporation 26,992 6/30/04 28 LaGuna Seca Shopping Center Ross 30,187 6/30/01 29 Indio Plaza Shopping Center Food 4 Less 58,000 9/1/20 30 Broadway Market Center Linens 'N Things 33,675 1/31/17 - -------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center Ralphs 41,420 12/1/14 32 Town Center West Food 4 Less (Kroger Guaranty) 59,171 11/30/20 33 Forest Place Apartments 34 College Club Apartments 35 Chatham Executive Center Quadrant Healthcom, Inc. 29,116 7/31/09 - -------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham 37 Center @ Monocacy BBI Biotech Research Lab 35,560 11/30/06 38 Glendale Safeway Shopping Center Safeway 55,112 6/30/21 39 500 S. Gravers Road Ebay, Inc. 41,310 9/30/06 40 Publix@ Laguna Isles Publix Supermarket 37,887 2/28/21 - -------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma 42 Lakeview Terrace MHC 43 1044 Market Staples 22,000 4/30/12 44 Longfellow Apartments 45 Timberview Apartments - -------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments 47 Eastlake Village Blockbuster Video 4,500 1/31/11 48 The Grand Reserve 49 Trafalgar Plaza CorSolutions /Ralin Medical, Inc. 12,114 5/31/03 50 Fairfax Ridge Boeing Service Company 37,819 1/31/08 - -------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center Kid's Country 9,000 10/14/11 52 Costco Ground Lease Costco 135,586 11/30/18 53 Brandon Mills Apartments 54 Davie Self Storage 55 Campus Executive Office Park CHW Medical Foundation 49,521 2/28/07 - -------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments 57 Kirkwood Apartments 58 Rosecrans Center Wells Fargo Bank 5,400 6/30/12 59 Federal Heights SC Federal Plaza Liquors 4,081 5/31/05 60 Washington Square Home Goods 30,000 10/31/11 - -------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center Giant 52,800 2/28/27 62 Courtyard by Marriott - Frederick 63 Colonnade III Shopping Center Wherehouse Music 10,237 11/30/03 64 The Shops at Metro Station CVS 10,125 1/31/20 65 Williamstown Shopping Center Naushir, Inc. dba 99 Cent Store 18,000 7/31/09 - -------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments 67 Blanco Market EZ's Brick Oven 4,500 12/31/06 68 Mission Douglas Plaza Albertson's (ground lease) 44,127 5/26/17 69 813 Diligence Drive Strayer University 21,088 7/31/11 70 Heritage Square Shopping Center Factory 2-U Stores 15,000 3/31/06 - -------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments 72 Lansdowne Village Apartments 73 A-1 Self Storage Morena 74 2033 Chenault Office Nouveau Eyewear 21,651 2/28/03 75 289 Highland Avenue - -------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments 77 HEB-Gessner HEB Pantry 25,898 2/28/14 78 Heathertree II Apartments 79 Plaza South Longs/Rainbow Drug 13,958 2/28/12 80 Stratford Executive Park Hospice 22,051 3/31/04 - -------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza CVS 13,506 1/31/20 82 Westfield Arms 83 Vila Dian and Hillcrest 83a Hillcrest Estates 83b Villa Diann - -------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA Walgreens 14,490 4/30/61 85 Capitol Mobile Home Park 86 Cullen Crossing Joyce's Hallmark 4,200 2/29/04 87 Walgreens-Loveland Walgreens 15,120 12/31/60 88 A-1 Self Storage Concord - -------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC 90 Friends and Family Self Storage 91 Village Green Apartments 92 Novato MHP 93 Dogwood Creek Apartments - -------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II 95 Storage Pro Richmond 96 Safeguard Self Storage # 15 97 Spring Pine Apartments 98 National Boulevard Self Storage - -------------------------------------------------------------------------------------------------------------- 99 A-1 Self Storage Kearney Mesa 100 Memorial Park Mini-Storage 101 Shops at 41st Street Atlanta Bread Company 4,164 9/14/05 102 Leland Plaza Food Lion 33,000 9/1/21 103 Somerville & Cambridge - -------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street 103b 109 Highland Avenue 104 A-1 Self Storage Cypress 105 Wynsong 12 Eastwynn Theatres, Inc 44,565 5/31/22 106 Walgreens - Brooklyn Walgreens 17,436 10/31/60 - -------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B Car Toys 6,700 5/31/11 108 Storage Pro Stockton 109 Frederick Self Storage 110 1211 Chestnut Street Mental Health Association 34,074 4/30/10 111 Dodge Professional Center NP Dodge Company 12,470 5/31/14 - -------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage 113 Walgreen's Walgreen's 14,914 10/31/21 114 Magnolia Mini Storage 115 3301 M Street 3303, Inc. Beauty Salon 2,421 9/1/04 116 Fort Knox SS-Leesburg - -------------------------------------------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake Mead 118 CVS-Pleasant Valley CVS-Pleasant Valley 10,125 12/31/25 119 101 Shoreline Office Dan Alfaro & Associates 10,166 7/31/03 120 Ayres Self Storage 121 Washington Ave Office Suntrust 18,800 9/1/06 - -------------------------------------------------------------------------------------------------------------- 122 Scott's Corner The Talbot's 11,955 1/1/08 123 Wal-Mart Center Shoe Show 5,600 9/30/06 124 Firwood Apartments 125 Texan Storage 126 Sure Lock (2) Self Storage - -------------------------------------------------------------------------------------------------------------- 127 Waterman Medical Plaza Un. Family Care 9,818 5/1/05 128 Park Colony Apartments 129 Sycamore Villa MHC 130 Cromwell Bridge Innovative Med. 16,322 6/30/03 131 Eckerd-Sterling Eckerd Drugs 10,908 1/26/19 - -------------------------------------------------------------------------------------------------------------- 132 Fort Knox-Frederick 133 Sure Lock (1) Self Storage 134 A1A Self Storage 135 KenilWest Office Building Glenarm Constr. 5,023 10/31/04 136 Safeguard Storage #13 - -------------------------------------------------------------------------------------------------------------- 137 Safeguard Self Storage #14
TABLE CONTINUED
LEASE ID Property Name 2ND LARGEST TENANT SF EXPIRATION 3RD LARGEST TENANT - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway 2 Scholls Ferry Boulevard 24 Hour Fitness 36,366 10/31/07 Walgreens 3 Fresh Pond Shopping Center Bread & Circus (Whole Foods...) 29,000 7/31/08 T J Maxx 4 Plaza at Cedar Hill-MCA Linen 'N Things 34,521 9/30/15 Marshall's 5 Inverrary Gardens - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing Best Buy 45,000 9/30/16 Office Depot 7 38 Chauncy Street Vollomer Associates 9,363 8/31/11 URS Consultants 8 Rookwood Office Tower Northwestern Mutual Life 24,921 8/31/11 Carew International 9 Gates of Arlington 10 Potomac Place Shopping Center Rite Aid Corporation 8,720 9/30/02 Strosniders Hardware - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments 12 801 Travis Street US Goverment Bookstore 3,609 1/8/04 Palmer Consulting 13 Sudley North Office Center 13a 7869 Ashton Ave. 13b 7848 Donegan Drive Pinnacle Management 11,523 4/30/05 PWL Family Health - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. Technology Concepts 5,054 9/30/03 Gavali, Mertz & Davis, Inc. 13d 7698 Donegan Drive First Horizon Home Loan Corp. 5,199 5/31/05 Novellus 13e 7701 Donegan Drive 14 Culver Center Ralph's 27,587 10/31/05 Fashion Time 15 Grande Promenade Kinko`s 6,733 5/31/11 Golf Charlotte - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza Dollar Tree 9,951 8/31/04 Dover China Buffet 17 438 Summit Avenue State of New Jersey (Storage) 3,960 11/30/13 18 London Park Towers Apartments 19 Eagle Crest Apartments 20 20 E. 46th Street Tom James Company 7,089 9/30/03 Vardi Stonehouse, Inc. - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. 22 Walden Landing Apts. 23 Brighton Office Center Interstate Industrial Corp. 14,969 1/15/03 Clinicians Publishing Group 24 East Gate Square Shopping Center - Ph. IV PetsMart 27,972 1/31/18 Loehmann's 25 Londonderry Apartments - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone RJR Horizens, Inc. 12,344 9/30/02 Six Shooters, Inc. 27 Commerce & Design Building Sarreid, Ltd. 13,971 8/31/03 Florita Nova / La Dolce Vita 28 LaGuna Seca Shopping Center Marshalls 30,000 5/20/11 Petco 29 Indio Plaza Shopping Center Pic N Save 18,000 8/31/05 Anna's Linens 30 Broadway Market Center Ross Stores 30,971 1/31/11 Rack Room Shoes, Inc. - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center Dyson & Dyson Real Estate 3,650 4/30/04 Video Depot 32 Town Center West McDonald/Chevron 5,350 4/4/21 Coco's 33 Forest Place Apartments 34 College Club Apartments 35 Chatham Executive Center WP Commercial 8,264 4/30/10 Appaloosa Management - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham 37 Center @ Monocacy Concentra Preferred 12,000 12/31/06 Medical Account Services 38 Glendale Safeway Shopping Center Blockbuster Video 5,400 4/30/05 Famous Sam's 39 500 S. Gravers Road Comcast 29,000 6/30/08 40 Publix@ Laguna Isles Better for Less Discount 3,148 4/30/06 Eagle Cleaners - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma 42 Lakeview Terrace MHC 43 1044 Market CVS 14,850 8/14/20 44 Longfellow Apartments 45 Timberview Apartments - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments 47 Eastlake Village D'Lish Pizza 2,932 6/30/03 Alejandro's 48 The Grand Reserve 49 Trafalgar Plaza Hello Florida, Inc. 7,090 12/31/03 Quick Quote 50 Fairfax Ridge Intl Communication Indust Assoc. 14,472 3/31/08 Hazen & Sawyer, P.C. - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center Hollywood Video 5,000 2/7/11 A Scrapper's Eden, Inc. 52 Costco Ground Lease 53 Brandon Mills Apartments 54 Davie Self Storage 55 Campus Executive Office Park CA State Teachers Retirement Sys. 10,826 6/30/06 Cascade Entertainment - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments 57 Kirkwood Apartments 58 Rosecrans Center Max's 99 Cent Store 3,100 1/31/07 Rubio's Baja Grill 59 Federal Heights SC Blockbuster Video 4,035 5/31/05 Washtime 60 Washington Square Julie's Hallmark 4,000 2/28/04 Bath Kitchen Gallery - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center Spenceola 22,000 9/30/10 Tuesday Morning 62 Courtyard by Marriott - Frederick 63 Colonnade III Shopping Center Cierra Interiors 10,127 9/30/04 Bride's Mart 64 The Shops at Metro Station Hollywood Video 7,021 9/15/09 Chapel Opticians 65 Williamstown Shopping Center Peso Pumper/ Steakountry Buffet 10,250 8/31/11 Salaymeh dba Kitchen Warehouse - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments 67 Blanco Market Wahkee Chinese Restaurant 4,000 10/31/10 Nu Bella Salon & Day Spa 68 Mission Douglas Plaza Coco's Restaurant (ground lease) 6,000 12/31/06 Mobil Oil (ground lease) 69 813 Diligence Drive Newport News School Board 18,000 6/30/05 Casey Auto Group 70 Heritage Square Shopping Center Dollar Tree Stores, Inc. 15,000 8/31/06 Jimmy Yun dba Fashion Image - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments 72 Lansdowne Village Apartments 73 A-1 Self Storage Morena 74 2033 Chenault Office Heads Up Technologies 14,934 4/30/05 Oakwood Corp. Housing 75 289 Highland Avenue - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments 77 HEB-Gessner Dollar Tree 9,000 4/30/05 dba Rent Wise 78 Heathertree II Apartments 79 Plaza South Columbia Hospital 6,900 1/1/04 Nevada State Bank 80 Stratford Executive Park Branch Banking & Trust 10,000 4/30/07 Crumley & Associates - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza Studio B Dance Center 3,844 9/30/11 Blockbuster 82 Westfield Arms 83 Vila Dian and Hillcrest 83a Hillcrest Estates 83b Villa Diann - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA 9/1/11 85 Capitol Mobile Home Park 86 Cullen Crossing Blockbuster 3,563 8/31/05 Pearl Dynasty 87 Walgreens-Loveland 88 A-1 Self Storage Concord - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC 90 Friends and Family Self Storage 91 Village Green Apartments 92 Novato MHP 93 Dogwood Creek Apartments - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II 95 Storage Pro Richmond 96 Safeguard Self Storage # 15 97 Spring Pine Apartments 98 National Boulevard Self Storage - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa 100 Memorial Park Mini-Storage 101 Shops at 41st Street Pizza Hut 3,200 1/4/11 La Estancia 102 Leland Plaza Subway 1,200 11/30/04 Domino's 103 Somerville & Cambridge - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 103b 109 Highland Avenue 104 A-1 Self Storage Cypress 105 Wynsong 12 106 Walgreens - Brooklyn - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B Rack Room Shoes 6,259 5/10/06 Aaron Brothers 108 Storage Pro Stockton 109 Frederick Self Storage 110 1211 Chestnut Street Health Federation 16,856 10/31/09 Lot Stores 111 Dodge Professional Center National Equity 9,847 5/31/14 Children's Physicians - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage 113 Walgreen's 114 Magnolia Mini Storage 115 3301 M Street Council Travel Services USA 1,742 9/30/07 116 Fort Knox SS-Leesburg - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake Mead 118 CVS-Pleasant Valley 119 101 Shoreline Office C.C. Bank & Trust 8,475 5/31/04 Buckley & Associates 120 Ayres Self Storage 121 Washington Ave Office Bowie & Jensen 8,921 6/1/06 Legal Aid Bureau - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner Offenbacher 7,320 9/1/04 Briarwood Inn 123 Wal-Mart Center Cato 4,160 9/30/06 Colortyme 124 Firwood Apartments 125 Texan Storage 126 Sure Lock (2) Self Storage - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza Pinnacle Medical 4,431 5/15/03 Waterman Medical 128 Park Colony Apartments 129 Sycamore Villa MHC 130 Cromwell Bridge Hanger Prosthetic 4,742 3/31/04 Uptime Computer 131 Eckerd-Sterling - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick 133 Sure Lock (1) Self Storage 134 A1A Self Storage 135 KenilWest Office Building Greenspring Advisor 4,400 10/31/04 Dr. Robert Windsor 136 Safeguard Storage #13 - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14
UPFRONT LEASE OCCUPANCY OCCUPANCY ACTUAL REPLACEMENT ID PROPERTY NAME SF EXPIRATION RATE AS-OF DATE RESERVES - --------------------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway 100.00% 11/1/01 - 2 Scholls Ferry Boulevard 16,698 4/30/61 96.58% 12/13/01 - 3 Fresh Pond Shopping Center 21,000 1/31/16 99.00% 11/20/01 42,542 4 Plaza at Cedar Hill-MCA 30,550 9/30/10 98.10% 12/1/01 - 5 Inverrary Gardens 95.50% 2/6/02 - - --------------------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing 30,000 8/31/14 95.68% 1/31/02 - 7 38 Chauncy Street 9,252 4/18/11 95.02% 12/17/01 - 8 Rookwood Office Tower 15,300 4/18/11 100.00% 1/28/02 34,000 (LOC) 9 Gates of Arlington 97.80% 7/25/01 - 10 Potomac Place Shopping Center 7,240 4/30/03 100.00% 12/3/01 1,523 - --------------------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments 96.60% 8/1/01 - 12 801 Travis Street 1,195 12/31/03 95.00% 10/26/01 2,750 13 Sudley North Office Center 98.29% 1/15/02 - 13a 7869 Ashton Ave. 100.00% 1/15/02 13b 7848 Donegan Drive 7,492 1/31/04 100.00% 1/15/02 - --------------------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. 5,000 12/31/06 100.00% 1/15/02 13d 7698 Donegan Drive 2,224 12/31/02 85.86% 1/15/02 13e 7701 Donegan Drive 100.00% 1/15/02 14 Culver Center 9,277 11/30/10 97.57% 12/1/01 - 15 Grande Promenade 6,421 3/31/08 89.83% 2/5/02 - - --------------------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza 8,635 1/30/11 97.75% 6/11/01 - 17 438 Summit Avenue 100.00% 12/1/01 - 18 London Park Towers Apartments 97.60% 1/11/02 - 19 Eagle Crest Apartments 90.00% 12/1/01 - 20 20 E. 46th Street 7,089 8/31/03 95.48% 11/1/01 - - --------------------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. 94.34% 10/30/01 - 22 Walden Landing Apts. 90.83% 1/14/02 - 23 Brighton Office Center 10,264 12/31/05 100.00% 11/9/01 2,597 24 East Gate Square Shopping Center - Ph. IV 25,000 5/31/12 100.00% 1/23/02 1,245 25 Londonderry Apartments 97.50% 1/11/02 - - --------------------------------------------------------------------------------------------------------------------------- 26 The Cornerstone 10,620 3/31/10 100.00% 2/1/02 - 27 Commerce & Design Building 12,294 7/31/04 99.23% 7/5/01 - 28 LaGuna Seca Shopping Center 12,000 8/27/11 94.20% 11/14/01 - 29 Indio Plaza Shopping Center 6,000 7/2/05 98.50% 9/1/01 - 30 Broadway Market Center 6,338 12/31/06 98.40% 11/1/01 - - --------------------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center 2,800 12/19/04 100.00% 1/31/02 - 32 Town Center West 4,800 3/31/20 97.20% 11/1/01 - 33 Forest Place Apartments 98.04% 2/1/02 - 34 College Club Apartments 99.00% 10/2/01 - 35 Chatham Executive Center 7,400 2/28/08 88.60% 10/20/01 - - --------------------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham 95.91% 9/15/01 - 37 Center @ Monocacy 9,000 12/31/10 96.10% 11/2/01 - 38 Glendale Safeway Shopping Center 5,260 2/28/06 93.50% 11/8/01 - 39 500 S. Gravers Road 100.00% 10/16/01 879 40 Publix@ Laguna Isles 1,800 4/30/06 100.00% 11/30/01 - - --------------------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma 96.09% 9/12/01 - 42 Lakeview Terrace MHC 92.50% 10/31/01 - 43 1044 Market 100.00% 12/12/01 - 44 Longfellow Apartments 96.48% 5/24/01 - 45 Timberview Apartments 97.20% 7/2/01 - - --------------------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments 97.10% 1/11/02 - 47 Eastlake Village 2,694 10/31/09 97.20% 11/26/01 543 48 The Grand Reserve 96.00% 12/3/01 - 49 Trafalgar Plaza 6,678 7/31/07 95.21% 2/1/02 - 50 Fairfax Ridge 7,051 6/30/07 100.00% 11/1/01 - - --------------------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center 2,550 3/10/06 94.90% 9/13/01 - 52 Costco Ground Lease 100.00% 9/1/01 - 53 Brandon Mills Apartments 93.00% 11/30/01 85,750 54 Davie Self Storage 89.10% 12/14/01 - 55 Campus Executive Office Park 6,627 12/31/05 86.00% 11/1/01 - - --------------------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments 100.00% 1/9/02 - 57 Kirkwood Apartments 98.10% 1/11/02 - 58 Rosecrans Center 2,995 5/31/04 74.76% 2/11/02 719 59 Federal Heights SC 3,606 8/31/10 95.40% 12/31/00 - 60 Washington Square 2,482 2/28/04 96.80% 1/1/02 - - --------------------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center 10,000 7/15/10 100.00% 2/1/02 658 62 Courtyard by Marriott - Frederick 82.70% 12/31/01 - 63 Colonnade III Shopping Center 6,240 9/30/06 100.00% 11/30/01 - 64 The Shops at Metro Station 1,636 9/6/05 100.00% 1/10/02 - 65 Williamstown Shopping Center 10,030 11/30/05 100.00% 6/30/01 - - --------------------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments 94.30% 1/11/02 - 67 Blanco Market 2,880 11/30/06 90.70% 10/23/01 - 68 Mission Douglas Plaza 5,000 9/30/05 97.18% 11/28/01 - 69 813 Diligence Drive 7,700 8/31/02 92.58% 12/1/01 - 70 Heritage Square Shopping Center 12,130 4/30/06 100.00% 6/11/01 - - --------------------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments 96.80% 1/11/02 - 72 Lansdowne Village Apartments 96.20% 1/11/02 - 73 A-1 Self Storage Morena 92.94% 9/1/01 - 74 2033 Chenault Office 9,967 12/31/05 91.50% 9/1/01 - 75 289 Highland Avenue 100.00% 2/20/02 - - --------------------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments 96.70% 10/25/01 - 77 HEB-Gessner 4,000 7/30/05 100.00% 12/17/01 - 78 Heathertree II Apartments 94.30% 7/2/01 - 79 Plaza South 3,600 6/30/06 96.84% 1/9/02 475 80 Stratford Executive Park 5,007 7/31/07 90.62% 12/31/01 - - --------------------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza 3,268 1/31/10 100.00% 3/18/02 292 82 Westfield Arms 100.00% 3/5/02 - 83 Vila Dian and Hillcrest 74.23% 8/31/01 - 83a Hillcrest Estates 68.40% 8/31/01 83b Villa Diann 97.20% 8/31/01 - --------------------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA 100.00% 10/17/00 - 85 Capitol Mobile Home Park 99.16% 9/30/01 - 86 Cullen Crossing 3,500 12/31/05 86.41% 12/1/01 - 87 Walgreens-Loveland 100.00% 12/18/01 - 88 A-1 Self Storage Concord 92.93% 10/1/01 - - --------------------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC 97.09% 11/1/01 - 90 Friends and Family Self Storage 86.20% 8/30/01 - 91 Village Green Apartments 100.00% 1/28/02 - 92 Novato MHP 100.00% 7/31/01 - 93 Dogwood Creek Apartments 100.00% 1/26/02 - - --------------------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II 88.60% 9/16/01 - 95 Storage Pro Richmond 76.70% 10/25/01 - 96 Safeguard Self Storage # 15 90.34% 10/1/01 - 97 Spring Pine Apartments 94.85% 1/2/02 - 98 National Boulevard Self Storage 96.00% 11/13/01 339 - --------------------------------------------------------------------------------------------------------------------------- 99 A-1 Self Storage Kearney Mesa 95.00% 9/1/01 - 100 Memorial Park Mini-Storage 92.68% 10/2/01 - 101 Shops at 41st Street 1,804 2/28/04 100.00% 4/23/01 - 102 Leland Plaza 1,200 4/1/06 97.00% 10/18/01 - 103 Somerville & Cambridge 100.00% 2/20/02 - - --------------------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street 100.00% 2/20/02 103b 109 Highland Avenue 100.00% 2/20/02 104 A-1 Self Storage Cypress 93.60% 9/1/01 - 105 Wynsong 12 100.00% 10/17/01 - 106 Walgreens - Brooklyn 100.00% 9/10/01 - - --------------------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B 6,152 5/4/11 100.00% 1/24/02 - 108 Storage Pro Stockton 90.24% 10/25/01 - 109 Frederick Self Storage 83.70% 11/27/01 - 110 1211 Chestnut Street 6,314 1/31/07 88.40% 3/1/02 - 111 Dodge Professional Center 4,983 9/30/05 100.00% 7/31/01 - - --------------------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage 86.00% 9/30/01 - 113 Walgreen's 100.00% 1/11/02 124 114 Magnolia Mini Storage 89.52% 11/1/01 - 115 3301 M Street 100.00% 2/1/02 - 116 Fort Knox SS-Leesburg 79.50% 10/18/01 - - --------------------------------------------------------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake Mead 87.15% 12/1/01 - 118 CVS-Pleasant Valley 100.00% 9/12/01 - 119 101 Shoreline Office 7,000 9/30/11 92.59% 6/27/01 - 120 Ayres Self Storage 90.50% 11/7/01 - 121 Washington Ave Office 4,027 4/1/07 95.40% 10/25/01 - - --------------------------------------------------------------------------------------------------------------------------- 122 Scott's Corner 4,500 10/1/03 92.20% 7/17/01 - 123 Wal-Mart Center 3,200 9/30/06 100.00% 10/1/01 - 124 Firwood Apartments 95.09% 10/3/01 - 125 Texan Storage 83.95% 12/13/01 - 126 Sure Lock (2) Self Storage 79.00% 1/23/02 - - --------------------------------------------------------------------------------------------------------------------------- 127 Waterman Medical Plaza 2,120 12/31/02 92.97% 12/18/01 - 128 Park Colony Apartments 96.50% 1/3/02 - 129 Sycamore Villa MHC 100.00% 10/31/01 - 130 Cromwell Bridge 3,779 3/31/05 100.00% 9/1/01 - 131 Eckerd-Sterling 100.00% 12/12/01 - - --------------------------------------------------------------------------------------------------------------------------- 132 Fort Knox-Frederick 83.70% 11/25/01 - 133 Sure Lock (1) Self Storage 76.34% 12/29/01 - 134 A1A Self Storage 96.80% 10/25/01 - 135 KenilWest Office Building 3,118 12/31/06 100.00% 10/1/01 - 136 Safeguard Storage #13 85.50% 10/1/01 - - --------------------------------------------------------------------------------------------------------------------------- 137 Safeguard Self Storage #14 74.79% 10/1/01 -
TABLE CONTINUED
ONGOING ACTUAL REPLACEMENT UPFRONT MONTHLY MONTHLY TAX MONTHLY INSURANCE ID PROPERTY NAME RESERVES TI/LC TI/LC ESCROW ESCROW - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway - - - - - 2 Scholls Ferry Boulevard 3,352 - 17,981 34,567 3,237 3 Fresh Pond Shopping Center - - 13,800 57,966 4,146 4 Plaza at Cedar Hill-MCA 3,750 1,022,500 2,500 58,649 4,837 5 Inverrary Gardens 10,688 - - 40,252 17,239 - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing 2,945 - 7,555 56,109 4,523 7 38 Chauncy Street 2,192 360,484 16,384 37,198 1,710 8 Rookwood Office Tower - 190,000 (LOC) - 36,982 (LOC) - 9 Gates of Arlington 9,690 - - 21,797 - 10 Potomac Place Shopping Center 1,523 166,000 - 22,970 - - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments 10,975 - - 17,266 6,672 12 801 Travis Street 2,750 - - 47,290 - 13 Sudley North Office Center 3,142 - 27,530 19,326 3,898 13a 7869 Ashton Ave. 13b 7848 Donegan Drive - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 13d 7698 Donegan Drive 13e 7701 Donegan Drive 14 Culver Center 2,165 87,780 4,430 14,833 - 15 Grande Promenade 1,553 - 8,454 5,375 2,155 - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza 1,325 - 2,865 21,685 769 17 438 Summit Avenue 1,997 - 14,825 26,492 5,914 18 London Park Towers Apartments - - - 16,574 3,930 19 Eagle Crest Apartments 9,750 - - 18,474 4,334 20 20 E. 46th Street 1,495 46,690 16,705 44,774 1,867 - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. 5,600 - - 6,413 2,514 22 Walden Landing Apts. 3,000 - - 11,290 4,969 23 Brighton Office Center 2,597 - - - - 24 East Gate Square Shopping Center - Ph. IV 1,245 4,406 4,406 27,631 1,427 25 Londonderry Apartments - - - 23,227 3,999 - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone 1,465 - 5,833 18,295 722 27 Commerce & Design Building 3,530 - 7,833 10,669 - 28 LaGuna Seca Shopping Center 1,465 7,500 3,444 11,667 2,250 29 Indio Plaza Shopping Center 1,396 22,618 1,500 5,295 - 30 Broadway Market Center 2,095 - 3,275 13,737 1,100 - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center 1,117 - 3,423 4,890 1,487 32 Town Center West 990 15,790 - 11,899 1,746 33 Forest Place Apartments 6,933 - - 10,291 5,151 34 College Club Apartments 2,000 - - 10,417 1,731 35 Chatham Executive Center 1,584 - 6,599 11,367 1,167 - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham 730 - - 2,265 729 37 Center @ Monocacy 1,695 - 6,250 7,888 1,692 38 Glendale Safeway Shopping Center 2,758 - 3,576 13,870 776 39 500 S. Gravers Road 879 5,917 5,917 4,622 578 40 Publix@ Laguna Isles 870 - 3,241 14,082 1,803 - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma 5,175 - - 5,138 3,900 42 Lakeview Terrace MHC 1,510 - - 6,278 1,483 43 1044 Market 1,420 - 2,140 18,444 1,981 44 Longfellow Apartments 4,845 - - 12,776 - 45 Timberview Apartments 4,870 - - 14,163 - - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments - - - 12,324 4,120 47 Eastlake Village 543 3,542 3,542 10,160 1,677 48 The Grand Reserve 2,335 - - 9,333 1,360 49 Trafalgar Plaza 1,845 42,578 7,875 15,227 1,473 50 Fairfax Ridge 1,190 - 5,000 9,099 789 - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center 830 - 2,342 4,715 634 52 Costco Ground Lease - - - - - 53 Brandon Mills Apartments 5,000 - - 15,315 4,120 54 Davie Self Storage 1,150 - - 6,611 2,431 55 Campus Executive Office Park 1,280 - 10,232 7,409 2,396 - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments 2,850 - - 4,067 646 57 Kirkwood Apartments - - - 19,680 6,378 58 Rosecrans Center 719 3,000 3,000 4,739 - 59 Federal Heights SC 470 111,308 3,685 6,763 708 60 Washington Square 625 - 2,400 6,617 1,131 - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center 658 - - 3,942 651 62 Courtyard by Marriott - Frederick 10,150 - - 4,660 2,174 63 Colonnade III Shopping Center 785 100,000 4,220 8,797 909 64 The Shops at Metro Station 504 - 1,259 3,144 967 65 Williamstown Shopping Center 1,586 - 4,410 10,578 2,122 - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments - - - 9,611 2,116 67 Blanco Market 325 - 1,985 10,088 610 68 Mission Douglas Plaza 1,090 - 3,100 3,198 995 69 813 Diligence Drive 1,402 200,000 5,139 6,393 350 70 Heritage Square Shopping Center 1,540 - 4,860 9,833 1,333 - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments - - - 11,990 2,102 72 Lansdowne Village Apartments - - - 12,079 2,436 73 A-1 Self Storage Morena - - - 5,458 - 74 2033 Chenault Office 960 - 3,010 6,917 545 75 289 Highland Avenue 938 - - 4,290 677 - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments 2,710 - - 3,602 - 77 HEB-Gessner 605 25,365 2,847 3,592 1,647 78 Heathertree II Apartments 2,755 - - 3,259 - 79 Plaza South 475 2,296 2,296 3,068 3,002 80 Stratford Executive Park 1,005 - 4,568 4,583 324 - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza 292 1,083 1,083 13,500 1,154 82 Westfield Arms 1,000 - - 4,492 1,246 83 Vila Dian and Hillcrest 5,090 - - 8,152 1,250 83a Hillcrest Estates 83b Villa Diann - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA 181 - - - - 85 Capitol Mobile Home Park 495 - - 4,415 247 86 Cullen Crossing 435 242,751 2,275 5,934 512 87 Walgreens-Loveland 190 - - - - 88 A-1 Self Storage Concord - - - 4,347 - - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC 1,660 - - 3,608 900 90 Friends and Family Self Storage 1,575 - - 7,683 1,552 91 Village Green Apartments 4,225 - - 4,347 2,906 92 Novato MHP - - - 1,495 225 93 Dogwood Creek Apartments 3,200 - - 3,349 1,426 - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II 780 - - 6,057 1,086 95 Storage Pro Richmond 750 - - 4,882 - 96 Safeguard Self Storage # 15 715 - - 1,251 1,063 97 Spring Pine Apartments 2,833 - - 5,405 1,998 98 National Boulevard Self Storage 339 7,121 - 3,525 579 - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa - - - 3,581 - 100 Memorial Park Mini-Storage 850 - - 8,420 1,137 101 Shops at 41st Street 230 - 1,150 4,195 1,061 102 Leland Plaza 490 - 210 2,292 724 103 Somerville & Cambridge 1,479 - - 4,541 2,273 - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 103b 109 Highland Avenue 104 A-1 Self Storage Cypress - - - 3,011 - 105 Wynsong 12 - - - - - 106 Walgreens - Brooklyn 220 - - - - - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B 330 - 1,230 3,461 559 108 Storage Pro Stockton 795 - - 3,875 - 109 Frederick Self Storage 1,180 - - 5,096 430 110 1211 Chestnut Street 1,683 - 10,269 5,460 2,195 111 Dodge Professional Center 650 - 2,810 5,275 400 - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage 640 - - 1,508 459 113 Walgreen's 124 - - - - 114 Magnolia Mini Storage 1,125 - - 3,873 950 115 3301 M Street 250 - 323 1,258 793 116 Fort Knox SS-Leesburg 705 - - 3,871 345 - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake Mead - - - 1,830 594 118 CVS-Pleasant Valley 130 - - - - 119 101 Shoreline Office 1,130 - 6,465 8,642 1,369 120 Ayres Self Storage 845 - - 1,779 1,592 121 Washington Ave Office - - - 4,228 763 - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner - - - 2,526 449 123 Wal-Mart Center 300 100,000 (LOC) - 1,250 293 124 Firwood Apartments 2,550 - - 4,413 1,251 125 Texan Storage 785 - - 6,293 1,368 126 Sure Lock (2) Self Storage 910 - - 6,067 652 - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza 405 35,000 2,430 2,746 342 128 Park Colony Apartments 2,230 - - 4,284 2,925 129 Sycamore Villa MHC 360 - - 2,583 - 130 Cromwell Bridge 500 - - 2,118 250 131 Eckerd-Sterling - - - 3,615 175 - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick 705 - - 1,850 305 133 Sure Lock (1) Self Storage 860 - - 6,122 529 134 A1A Self Storage 460 - - 1,885 567 135 KenilWest Office Building - - - 1,903 236 136 Safeguard Storage #13 730 - - 1,083 1,145 - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 585 - - 1,093 1,642
TABLE CONTINUED
UPFRONT ENVIRONMENTAL ENGINEERING REPORT ENGINEERING APPRAISAL ID PROPERTY NAME RESERVE DATE REPORT DATE AS-OF DATE - --------------------------------------------------------------------------------------------------------------- 1 15555 Lundy Parkway - 12/4/01 11/6/01 10/29/01 2 Scholls Ferry Boulevard - 12/31/01 12/31/01 12/21/01 3 Fresh Pond Shopping Center 18,250 12/6/01 11/30/01 12/5/01 4 Plaza at Cedar Hill-MCA - 11/30/01 12/19/01 11/25/01 5 Inverrary Gardens 78,125 2/14/02 2/14/02 2/20/02 - --------------------------------------------------------------------------------------------------------------- 6 Cameron Crossing - 4/23/01 5/7/01 9/1/01 7 38 Chauncy Street - 7/10/01 7/9/01 6/27/01 8 Rookwood Office Tower - 4/26/01 4/26/01 7/11/01 9 Gates of Arlington 12,000 10/31/01 11/13/01 9/7/01 10 Potomac Place Shopping Center 43,681 12/27/01 2/1/02 12/1/01 - --------------------------------------------------------------------------------------------------------------- 11 Highland Greens Apartments 39,938 8/15/01 8/15/01 2/1/02 12 801 Travis Street - 10/5/01 10/8/01 9/28/01 13 Sudley North Office Center - 1/24/02 1/24/02 1/30/02 13a 7869 Ashton Ave. 1/24/02 1/24/02 1/30/02 13b 7848 Donegan Drive 1/24/02 1/24/02 1/30/02 - --------------------------------------------------------------------------------------------------------------- 13c 7699 Ashton Ave. 1/24/02 1/24/02 1/30/02 13d 7698 Donegan Drive 1/24/02 1/24/02 1/30/02 13e 7701 Donegan Drive 1/24/02 1/24/02 1/30/02 14 Culver Center 60,625 11/29/01 11/30/01 11/27/01 15 Grande Promenade 11,250 2/8/02 2/11/02 2/11/02 - --------------------------------------------------------------------------------------------------------------- 16 Tri-City Plaza - 8/6/01 7/30/01 6/12/01 17 438 Summit Avenue 21,250 12/27/01 12/27/01 12/10/01 18 London Park Towers Apartments - 11/28/01 11/28/01 11/20/01 19 Eagle Crest Apartments 10,625 8/13/01 1/29/02 1/24/02 20 20 E. 46th Street 25,625 11/5/01 11/7/01 11/1/01 - --------------------------------------------------------------------------------------------------------------- 21 Centennial Valley Apts. 10,250 10/10/01 10/11/01 9/27/01 22 Walden Landing Apts. - 1/29/02 1/29/02 1/24/02 23 Brighton Office Center 9,750 9/27/01 11/16/01 9/6/01 24 East Gate Square Shopping Center - Ph. IV - 1/29/02 6/8/01 6/6/01 25 Londonderry Apartments - 11/29/01 11/29/01 11/19/01 - --------------------------------------------------------------------------------------------------------------- 26 The Cornerstone 238,969 7/28/00 7/21/00 7/17/00 27 Commerce & Design Building 5,025 7/17/01 7/17/01 7/17/01 28 LaGuna Seca Shopping Center 1,744 11/7/01 11/7/01 11/4/01 29 Indio Plaza Shopping Center - 6/6/01 6/4/01 5/27/01 30 Broadway Market Center 2,500 10/29/01 10/22/01 10/14/01 - --------------------------------------------------------------------------------------------------------------- 31 La Quinta Shopping Center - 12/26/01 12/26/01 12/13/01 32 Town Center West - 2/14/01 12/26/00 3/5/01 33 Forest Place Apartments 61,413 1/18/02 1/24/02 1/15/02 34 College Club Apartments 1,906 10/2/01 10/24/01 10/15/01 35 Chatham Executive Center 9,000 12/7/01 12/6/01 12/5/01 - --------------------------------------------------------------------------------------------------------------- 36 Storage USA- Fordham - 8/24/01 8/29/01 8/28/01 37 Center @ Monocacy - 11/19/01 11/19/01 11/20/01 38 Glendale Safeway Shopping Center 3,750 4/9/01 1/30/02 12/12/01 39 500 S. Gravers Road - 11/12/01 11/12/01 10/26/01 40 Publix@ Laguna Isles - 12/19/01 12/26/01 1/3/02 - --------------------------------------------------------------------------------------------------------------- 41 Campus Park Apts - Oklahoma - 8/6/01 10/18/01 8/1/01 42 Lakeview Terrace MHC 200,960 12/12/01 12/11/01 12/13/01 43 1044 Market 23,086 12/13/01 11/27/01 11/28/01 44 Longfellow Apartments 96,813 7/17/01 7/17/01 4/30/01 45 Timberview Apartments 8,750 7/17/01 7/17/01 4/30/01 - --------------------------------------------------------------------------------------------------------------- 46 Top of the Hill Apartments 3,750 11/29/01 11/29/01 11/20/01 47 Eastlake Village - 11/14/01 12/15/01 11/26/01 48 The Grand Reserve 18,750 11/29/01 12/3/01 10/19/01 49 Trafalgar Plaza 27,484 8/8/01 7/25/01 7/13/01 50 Fairfax Ridge 35,588 10/10/01 12/10/01 12/3/01 - --------------------------------------------------------------------------------------------------------------- 51 Bonney Lake Shopping Center - 10/8/01 10/2/01 10/5/01 52 Costco Ground Lease - 9/25/01 N/A 9/7/01 53 Brandon Mills Apartments 105,103 1/8/02 1/10/02 1/8/02 54 Davie Self Storage - 3/14/01 3/14/01 3/5/01 55 Campus Executive Office Park 19,259 12/13/01 11/16/01 12/7/01 - --------------------------------------------------------------------------------------------------------------- 56 Cedarfield Apartments - 12/17/01 12/17/01 12/11/01 57 Kirkwood Apartments 41,813 11/30/01 11/29/01 11/19/01 58 Rosecrans Center 2,813 2/11/02 1/16/02 1/9/02 59 Federal Heights SC - 12/13/00 12/15/00 4/1/01 60 Washington Square - 9/17/01 9/10/01 9/5/01 - --------------------------------------------------------------------------------------------------------------- 61 Rock Spring Shopping Center - 3/13/02 2/1/02 3/1/02 62 Courtyard by Marriott - Frederick 4,125 9/14/01 9/13/01 9/24/01 63 Colonnade III Shopping Center - 8/29/01 8/28/01 8/18/01 64 The Shops at Metro Station - 1/29/02 1/29/02 1/11/02 65 Williamstown Shopping Center 17,500 8/7/01 8/7/01 8/16/01 - --------------------------------------------------------------------------------------------------------------- 66 Wayne Manchester Apartments 24,125 11/29/01 11/29/01 11/20/01 67 Blanco Market - 10/30/01 11/5/01 10/31/01 68 Mission Douglas Plaza 22,125 12/3/01 12/3/01 11/23/01 69 813 Diligence Drive 6,250 1/9/02 1/9/02 11/9/01 70 Heritage Square Shopping Center 366,438 9/25/01 9/28/01 9/14/01 - --------------------------------------------------------------------------------------------------------------- 71 Gateway Square Apartments - 11/29/01 11/29/01 11/20/01 72 Lansdowne Village Apartments 7,500 11/30/01 11/30/01 11/19/01 73 A-1 Self Storage Morena - 10/29/01 10/24/01 11/1/01 74 2033 Chenault Office 27,094 10/15/01 10/8/01 10/2/01 75 289 Highland Avenue 500 8/17/01 8/23/01 6/7/01 - --------------------------------------------------------------------------------------------------------------- 76 Heathertree I Apartments 71,875 7/17/01 7/17/01 3/12/01 77 HEB-Gessner - 10/26/01 10/25/01 10/29/01 78 Heathertree II Apartments 78,750 7/17/01 7/17/01 3/12/01 79 Plaza South - 1/10/02 1/10/02 1/9/02 80 Stratford Executive Park 3,125 11/9/01 11/9/01 11/15/01 - --------------------------------------------------------------------------------------------------------------- 81 Eastchester Plaza - 12/27/01 11/27/01 11/19/01 82 Westfield Arms 40,000 12/10/01 12/10/01 12/18/01 83 Vila Dian and Hillcrest 129,125 9/13/01 9/17/01 9/11/01 83a Hillcrest Estates 9/13/01 9/17/01 9/11/01 83b Villa Diann 9/13/01 9/17/01 9/11/01 - --------------------------------------------------------------------------------------------------------------- 84 Walgreens - Temple City, CA - 12/17/01 11/30/01 11/26/01 85 Capitol Mobile Home Park 23,594 7/25/01 7/25/01 8/20/01 86 Cullen Crossing - 1/31/01 1/31/01 1/27/01 87 Walgreens-Loveland 1,438 12/18/01 12/19/01 12/11/01 88 A-1 Self Storage Concord - 9/17/01 8/27/01 8/30/01 - --------------------------------------------------------------------------------------------------------------- 89 Mobile Aire Estates MHC 24,913 11/6/01 10/28/01 11/5/01 90 Friends and Family Self Storage - 9/10/01 9/4/01 9/5/01 91 Village Green Apartments 48,750 12/27/01 12/28/01 12/26/01 92 Novato MHP - 8/5/01 8/7/01 4/26/01 93 Dogwood Creek Apartments 41,625 12/4/01 12/5/01 12/3/01 - --------------------------------------------------------------------------------------------------------------- 94 Burns Road Self Storage II 645 10/11/01 6/14/01 6/7/01 95 Storage Pro Richmond 4,375 10/1/01 9/25/01 9/19/01 96 Safeguard Self Storage # 15 11,625 11/1/01 11/2/01 10/31/01 97 Spring Pine Apartments 3,125 11/14/01 11/14/01 10/24/01 98 National Boulevard Self Storage - 11/13/01 11/12/01 11/22/01 - --------------------------------------------------------------------------------------------------------------- 99 A-1 Self Storage Kearney Mesa - 10/25/01 10/25/01 11/1/01 100 Memorial Park Mini-Storage - 8/22/01 8/21/01 8/21/01 101 Shops at 41st Street - 12/14/00 12/28/00 1/9/01 102 Leland Plaza 2,500 10/12/01 10/8/01 10/8/01 103 Somerville & Cambridge 11,188 8/16/01 8/17/01 Various - --------------------------------------------------------------------------------------------------------------- 103a 25-33 Lee Street 8/16/01 8/17/01 6/7/01 103b 109 Highland Avenue 8/16/01 8/17/01 6/7/01 104 A-1 Self Storage Cypress - 10/29/01 10/25/01 10/25/01 105 Wynsong 12 - 6/22/00 6/22/00 6/10/00 106 Walgreens - Brooklyn - 8/22/01 9/10/01 8/22/01 - --------------------------------------------------------------------------------------------------------------- 107 1116 West Arbrook Retail B 2,500 6/27/01 6/26/01 6/25/01 108 Storage Pro Stockton 1,250 9/28/01 9/24/01 9/20/01 109 Frederick Self Storage 17,688 10/26/01 10/29/01 11/1/01 110 1211 Chestnut Street 110,000 9/7/01 9/7/01 8/21/01 111 Dodge Professional Center 26,058 7/26/01 4/25/01 4/25/01 - --------------------------------------------------------------------------------------------------------------- 112 Mt. Kisco Self Storage 7,500 10/1/01 9/27/01 10/9/01 113 Walgreen's - 1/18/02 1/18/02 1/4/02 114 Magnolia Mini Storage 3,463 10/26/01 10/25/01 10/23/01 115 3301 M Street 20,000 12/17/01 12/17/01 12/19/01 116 Fort Knox SS-Leesburg - 10/29/01 10/29/01 11/2/01 - --------------------------------------------------------------------------------------------------------------- 117 Green Valley Self Storage - Lake Mead - 10/26/01 10/23/01 11/15/01 118 CVS-Pleasant Valley - 9/14/01 9/18/01 9/12/01 119 101 Shoreline Office 31,800 7/20/01 7/18/01 7/23/01 120 Ayres Self Storage - 11/29/01 12/12/01 11/29/01 121 Washington Ave Office 5,000 11/8/01 11/8/01 11/20/01 - --------------------------------------------------------------------------------------------------------------- 122 Scott's Corner 2,500 8/6/01 8/6/01 7/8/01 123 Wal-Mart Center - 11/7/01 11/7/01 12/7/01 124 Firwood Apartments 300,000 10/15/01 10/12/01 10/8/01 125 Texan Storage 3,938 10/31/01 10/31/01 10/24/01 126 Sure Lock (2) Self Storage 5,744 11/27/01 11/16/01 11/23/01 - --------------------------------------------------------------------------------------------------------------- 127 Waterman Medical Plaza - 12/11/01 12/11/01 12/7/01 128 Park Colony Apartments 4,438 12/5/01 12/6/01 12/5/01 129 Sycamore Villa MHC - 10/31/01 11/1/01 11/8/01 130 Cromwell Bridge 17,969 8/28/01 9/4/01 9/10/01 131 Eckerd-Sterling - 12/5/01 12/6/01 12/7/01 - --------------------------------------------------------------------------------------------------------------- 132 Fort Knox-Frederick 4,735 10/26/01 10/29/01 11/1/01 133 Sure Lock (1) Self Storage 7,843 11/27/01 11/27/01 11/23/01 134 A1A Self Storage 8,695 10/29/01 10/29/01 11/25/01 135 KenilWest Office Building 99,938 10/23/01 10/15/01 10/30/01 136 Safeguard Storage #13 16,125 11/1/01 11/2/01 10/31/01 - --------------------------------------------------------------------------------------------------------------- 137 Safeguard Self Storage #14 15,875 11/1/01 11/2/01 10/31/01
TABLE CONTINUED
ID Property Name SPONSOR - ------------------------------------------------------------------------------------------------------------------------------------ 1 15555 Lundy Parkway Ford Motor Land Development Corporation 2 Scholls Ferry Boulevard Barry Cain; Steven J. Olivia 3 Fresh Pond Shopping Center Nishan Atinizian, Kevork Atinizian 4 Plaza at Cedar Hill-MCA Eric Brauss, Dr. Doug Barnes 5 Inverrary Gardens Leslie, Adam, Jason Schlesinger - ------------------------------------------------------------------------------------------------------------------------------------ 6 Cameron Crossing Hunt Properties, Inc. 7 38 Chauncy Street CPK, Inc., Joseph S. Lesser 8 Rookwood Office Tower Jeffrey R. Anderson, SGI, Inc, Raymond Sheakley 9 Gates of Arlington Doubletree I GP Inc., NHP Gates of Arlington Associates, LP, NHP Southwest Partners LP, Albuquerque Whaler 95-HJV LP 10 Potomac Place Shopping Center Shelton Zuckerman; Ellen Sigal - ------------------------------------------------------------------------------------------------------------------------------------ 11 Highland Greens Apartments Daniel Miles, GMD Investments, Andrew Bauman, Kendall Doble 12 801 Travis Street RS Commercial Property Fund, LLC 13 Sudley North Office Center Bresler & Reiner, Inc. 13a 7869 Ashton Ave. 13b 7848 Donegan Drive - ------------------------------------------------------------------------------------------------------------------------------------ 13c 7699 Ashton Ave. 13d 7698 Donegan Drive 13e 7701 Donegan Drive 14 Culver Center Frederick M. Nicholas 15 Grande Promenade Afshin Ghazi; George Cornelson III - ------------------------------------------------------------------------------------------------------------------------------------ 16 Tri-City Plaza Sixth Venture, LLC, New First Hartford Realty Corp, Neil Ellis, David Levy 17 438 Summit Avenue Charles Kimmel; Philip Von Vort 18 London Park Towers Apartments Jack and Ina Kay 19 Eagle Crest Apartments Sheldon Goldseker; Simon Goldseker 20 20 E. 46th Street 46 Group, LLC, Abercromby Property International - ------------------------------------------------------------------------------------------------------------------------------------ 21 Centennial Valley Apts. James E. Lindsey, J.E. Lindsey Family, LP, Rutledge Properties, LP, Centennial Valley, LLC 22 Walden Landing Apts. Roy B. Walden, III, David S. Hathaway, Henry P. Persons, III, Brian B. Persons 23 Brighton Office Center GE Capital 24 East Gate Square Shopping Center - Ph. IV Berwind Property Group, LTD. 25 Londonderry Apartments Jack and Ina Kay - ------------------------------------------------------------------------------------------------------------------------------------ 26 The Cornerstone Alan Fox 27 Commerce & Design Building HMV/CD, LLC Four Sisters, Trulock Duplex and Palliser Furniture. 28 LaGuna Seca Shopping Center Worth Williams 29 Indio Plaza Shopping Center Joseph W. Rich, Rich Development Indio II, LLC, John Rich, Indio Investment Group, LLC 30 Broadway Market Center Scott Dabney - ------------------------------------------------------------------------------------------------------------------------------------ 31 La Quinta Shopping Center Rosette Cadry 32 Town Center West Robert W. Comstock, Daniel D. Crosser, Signal Hill Family Limited Partnership, Barto Living Trust 33 Forest Place Apartments John Burnette; Loyd Walker; Robert Beal 34 College Club Apartments Thomas C. Proctor, Sr., Thomas Proctor, Jr., Walton McMichael 35 Chatham Executive Center Brian M. Stolar, James A. Fieber - ------------------------------------------------------------------------------------------------------------------------------------ 36 Storage USA- Fordham Steven Guttman, Evan Novenstein 37 Center @ Monocacy Edward A. St. John, MIE Employee, LLLP, Julianne Wagner, NA 38 Glendale Safeway Shopping Center Alan C. Fox, Sungarden Greenback A Limited, Sungarden South LLC 39 500 S. Gravers Road Michael O'Neill 40 Publix@ Laguna Isles Flagship Investments I LLC - ------------------------------------------------------------------------------------------------------------------------------------ 41 Campus Park Apts - Oklahoma Internacional Realty, Inc. 42 Lakeview Terrace MHC Norman Polsky, Thomas J. Horner, Jr., Charles E. Helm 43 1044 Market Jack Dushey 44 Longfellow Apartments Doubletree I GP, Inc, a Deleware Corporation, Timberview Management Associates LP, NHP Southwest Partners, LP, Hall Financial Group 45 Timberview Apartments Doubletree I GP, Inc, a Deleware Corporation, Timberview Management Associates LP, NHP Southwest Partners, LP, Hall Financial Group - ------------------------------------------------------------------------------------------------------------------------------------ 46 Top of the Hill Apartments Jack and Ina Kay 47 Eastlake Village Steven Fogel 48 The Grand Reserve Steven W. Corbett 49 Trafalgar Plaza Steven Fischer, Mark Zand 50 Fairfax Ridge A&A Investment Company, Inc., Bader Al Saad - ------------------------------------------------------------------------------------------------------------------------------------ 51 Bonney Lake Shopping Center Peter W. Powell 52 Costco Ground Lease Peter Consentino 53 Brandon Mills Apartments CES Properties, Inc., N.A. Real Properties, Inc., C. Edward Springman, Stanley L. Sidell 54 Davie Self Storage BMS of Davie Inc, Victor Brown, Steven Brown, David Brown 55 Campus Executive Office Park Angelo K. Tsakopoulos - ------------------------------------------------------------------------------------------------------------------------------------ 56 Cedarfield Apartments Jeanne, Scott & Jeffrey Stosser 57 Kirkwood Apartments Jack and Ina Kay 58 Rosecrans Center Richard Pachulski 59 Federal Heights SC Hunt Properties, Inc. 60 Washington Square J. Scott Fawcett - ------------------------------------------------------------------------------------------------------------------------------------ 61 Rock Spring Shopping Center Richard Rotner 62 Courtyard by Marriott - Frederick Peter H. Plamondon, Sr., Lorraine Plamondon, Peter H. Plamondon, Jr., James N. Plamondon 63 Colonnade III Shopping Center John P. Hooten 64 The Shops at Metro Station Sheldon Goldseker; Simon Goldseker 65 Williamstown Shopping Center Cornelis Gijsbertus de Jager - ------------------------------------------------------------------------------------------------------------------------------------ 66 Wayne Manchester Apartments Jack and Ina Kay 67 Blanco Market Blanco Market One LC, Herbert D Weitzman, TAC-B3, Ltd 68 Mission Douglas Plaza Ronald A. Recht, Mark T. Burger 69 813 Diligence Drive Eugene Levin; Marvin Friedberg 70 Heritage Square Shopping Center Robin Antar, Cynthia Ashkenazie, Debbie Betesh, Sharon Halan - ------------------------------------------------------------------------------------------------------------------------------------ 71 Gateway Square Apartments Jack and Ina Kay 72 Lansdowne Village Apartments Jack and Ina Kay 73 A-1 Self Storage Morena Terrence R. Caster, Brian R. Caster and Denise M. Caster Trust, A-1 Quality Developers, Inc. 74 2033 Chenault Office William J. Harkinson, Harkinson Investment Corporation 75 289 Highland Avenue Francis D. Privitera - ------------------------------------------------------------------------------------------------------------------------------------ 76 Heathertree I Apartments Doubletree I GP, Inc., Heathertree Associates Limited Partnership, NHP Southwest Partners LP, Hall Financial Group 77 HEB-Gessner Michael C Ainbinder, Barton L Duckworth 78 Heathertree II Apartments Hall Financial Group, Doubletree II GP, Cameltree I Limited Partnership, NHP Southwest Partners, LP 79 Plaza South Kenneth L. Templeton 80 Stratford Executive Park Richard Anderson; Earl Slick - ------------------------------------------------------------------------------------------------------------------------------------ 81 Eastchester Plaza Willchesster Holdings, LLC 82 Westfield Arms John & Eva Wiley 83 Vila Dian and Hillcrest Alvar Larson 83a Hillcrest Estates 83b Villa Diann - ------------------------------------------------------------------------------------------------------------------------------------ 84 Walgreens - Temple City, CA Martin Suman, Sara Suman 85 Capitol Mobile Home Park Dr. Sateesh Kumar Singh 86 Cullen Crossing Herbert D. Weitzman, 6 Limited Partners 87 Walgreens-Loveland Beta Corporation 88 A-1 Self Storage Concord Terrance R. Caster - ------------------------------------------------------------------------------------------------------------------------------------ 89 Mobile Aire Estates MHC Lee M. Kort, Michael H. Scott 90 Friends and Family Self Storage Norman Samuel 91 Village Green Apartments Philip Welch; Marshall Allan 92 Novato MHP George A. Bertram, III, Sheila K. Bertram 93 Dogwood Creek Apartments Abdullah M. Alshanteer; Taher Abu-Lebdeh; Reyad Sawafta; Ali Qunbar; Adnan Mjali - ------------------------------------------------------------------------------------------------------------------------------------ 94 Burns Road Self Storage II Robert A McIntosh 95 Storage Pro Richmond Stephen Mirabito, James Field, Robert Kretz 96 Safeguard Self Storage # 15 Bruce C. Roch, Jr., Kevin Langley, Shane Properties, Henri Favrot 97 Spring Pine Apartments Michael Kaplan; Grover Hubley 98 National Boulevard Self Storage Paul K. Lee - ------------------------------------------------------------------------------------------------------------------------------------ 99 A-1 Self Storage Kearney Mesa Terrence R. Caster 100 Memorial Park Mini-Storage David Dominy, Kenneth B. Levenson, James T. Archibald, Marty D. Shofner 101 Shops at 41st Street Adir Shoshan, Amos Shoshan 102 Leland Plaza Jon Vincent, James Stark 103 Somerville & Cambridge Francis D. Privitera - ------------------------------------------------------------------------------------------------------------------------------------ 103a 25-33 Lee Street 103b 109 Highland Avenue 104 A-1 Self Storage Cypress Terrence R. Caster 105 Wynsong 12 R. Jay Anthony 106 Walgreens - Brooklyn Bernard J Rosenshein, PSL Investments, Inc - ------------------------------------------------------------------------------------------------------------------------------------ 107 1116 West Arbrook Retail B Bill Morris 108 Storage Pro Stockton Stephen Mirabito, James Field, Robert Kretz 109 Frederick Self Storage Susan D. Moran, Richard P. Moran, Jr., F. Andrew Moran 110 1211 Chestnut Street Labe Twerski 111 Dodge Professional Center NP Dodge Company - ------------------------------------------------------------------------------------------------------------------------------------ 112 Mt. Kisco Self Storage J. Arnold Teasdale, Maxine Teasdale 113 Walgreen's Lawrence Levine 114 Magnolia Mini Storage H. Keith Russell, Penny Russell 115 3301 M Street Ronald Grow; Samuel Stoleru; Harvey Kravetz; Steve Grow; Sarah Grow 116 Fort Knox SS-Leesburg Dennis Schraf, Richard P Moran, Jr., James J. McCarthy - ------------------------------------------------------------------------------------------------------------------------------------ 117 Green Valley Self Storage - Lake Mead Alan L. Dees, Buddy E. Dees, Timothy H. Harris 118 CVS-Pleasant Valley Patrick Ransley, Joseph T. Kirchhoff, Susan Kirchhoff 119 101 Shoreline Office William Durrill, John Buckley 120 Ayres Self Storage Bruce F. Ayres, Jill Ayres 121 Washington Ave Office Washington Avenue LP, Mackenzie Properties - ------------------------------------------------------------------------------------------------------------------------------------ 122 Scott's Corner Scotts Corner LP II, MacKenzie Properties, Inc 123 Wal-Mart Center James H. Harrison, Robert S. Talbott, Michael McGuffin, William C. Slagle 124 Firwood Apartments Richard & Patricia Darner, Paul & Joy Perkins 125 Texan Storage Russel Walla 126 Sure Lock (2) Self Storage Leslie W. Griffith - ------------------------------------------------------------------------------------------------------------------------------------ 127 Waterman Medical Plaza Kevin Golshan 128 Park Colony Apartments James Bedi, George Vettemthadathil 129 Sycamore Villa MHC Micheal Flesch, Robert Flesch 130 Cromwell Bridge Cromwell Bridge Road LP, MacKenzie Properties, Inc 131 Eckerd-Sterling Richard Silverman - ------------------------------------------------------------------------------------------------------------------------------------ 132 Fort Knox-Frederick Dennis Schraf, Richard P. Moran, Jr., James J. McCarthy 133 Sure Lock (1) Self Storage Leslie W. Griffith 134 A1A Self Storage Richard P. Moran, Jr., F. Andrew Moran, Michael Harrigan 135 KenilWest Office Building Kenilwest LP, Mackenzie Properties, Inc 136 Safeguard Storage #13 Bruce C. Roch, Jr., Kevin J. Langley, Shane Properties, Henri Favrot - ------------------------------------------------------------------------------------------------------------------------------------ 137 Safeguard Self Storage #14 Bruce C Roch, Jr., Kevin J. Langley, Shane Properties LLC, Henri Favrot
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