0001539497-18-001250.txt : 20180730 0001539497-18-001250.hdr.sgml : 20180730 20180730171032 ACCESSION NUMBER: 0001539497-18-001250 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180730 DATE AS OF CHANGE: 20180730 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UBS Commercial Mortgage Trust 2018-C12 CENTRAL INDEX KEY: 0001744982 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-207340-13 FILM NUMBER: 18978458 BUSINESS ADDRESS: STREET 1: 1285 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-713-2000 MAIL ADDRESS: STREET 1: 1285 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: UBS Commercial Mortgage Securitization Corp. CENTRAL INDEX KEY: 0001532799 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 453587479 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 1285 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-713-2000 MAIL ADDRESS: STREET 1: 1285 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 FWP 1 n1323_anxa1-x5.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-207340-13
     

     
     
 

UBS Commercial Mortgage Trust 2018-C12 Disclaimer

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

 

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-207340) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-877-713-1030 (8 a.m. – 5 p.m. EST).

 

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

 

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

 

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuanceNone of UBS Securities LLC, SG Americas Securities, LLC, Natixis Securities Americas LLC, Cantor Fitzgerald & Co., CIBC World Markets Corp., Drexel Hamilton, LLC and Academy Securities, Inc. or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

 

The information herein is preliminary and may be supplemented or amended prior to the time of sale. In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.

 

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

 

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

 

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

  
     
     

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Mortgage Loan Originator Mortgage Loan Seller(1) Cross-Collateralized and Cross-Defaulted Address City County State Zip Code General Property Type(7) Specific Property Type(7) Number of Properties Year Built
1 Loan Wyvernwood Apartments UBS AG UBS AG No 2901 East Olympic Boulevard Los Angeles Los Angeles CA 90023 Multifamily Garden 1 1939
2 Loan Riverfront Plaza Natixis Real Estate Capital LLC UBS AG; Natixis No 901-951 East Byrd Street Richmond Richmond VA 23219 Office CBD 1 1990
3 Loan Riverwalk Cantor Commercial Real Estate Lending, L.P. CCRE No 354, 360, 500, and 500A Merrimack Street Lawrence Essex MA 01843 Office Suburban 1 1901, 2007
4 Loan 139 Ludlow Street Natixis Real Estate Capital LLC Natixis No 139 Ludlow Street New York New York NY 10002 Mixed Use Social Club 1 1930
5 Loan Aspect RHG Hotel Portfolio Société Générale SG No Various Various Various Various Various Hospitality Various 4 Various
5.01 Property Hilton Garden Inn Nashville Smyrna Société Générale SG No 2631 Highwood Boulevard Smyrna Rutherford TN 37167 Hospitality Select Service 1 2006
5.02 Property Aloft Hotel Broomfield Société Générale SG No 8300 Arista Place Broomfield Broomfield CO 80021 Hospitality Select Service 1 2009
5.03 Property Hampton Inn Nashville Smyrna Société Générale SG No 2573 Highwood Boulevard Smyrna Rutherford TN 37167 Hospitality Limited Service 1 2005
5.04 Property Hyatt Place Phoenix North Société Générale SG No 10838 North 25th Avenue Phoenix Maricopa AZ 85029 Hospitality Select Service 1 1998
6 Loan 20 Times Square Natixis Real Estate Capital LLC SG No 20 Times Square New York New York NY 10036 Other Leased Fee 1 N/A
7 Loan Savi Ranch Center UBS AG UBS AG No 23021-23081 Savi Ranch Parkway Yorba Linda Orange CA 92887 Retail Anchored 1 1997-1999
8 Loan Spotsylvania Crossing UBS AG UBS AG No 3501-3655 Plank Road Fredericksburg Spotsylvania VA 22407 Retail Anchored 1 1987-1988
9 Loan Copeland Tower & Stadium Place CIBC Inc. CIBC No 1200 & 1250 East Copeland Road Arlington Tarrant TX 76011 Office Suburban 1 1982, 1985
10 Loan Somerset Financial Center Rialto Mortgage Finance, LLC RMF No 1405 and 1425 U.S. Route 206 Bedminster Somerset NJ 07921 Office Suburban 1 1998
11 Loan One Northwestern Plaza LCF LCF No 28411 Northwestern Highway Southfield Oakland MI 48034 Office Suburban 1 1989
12 Loan Holiday Inn & Suites - Chattanooga UBS AG UBS AG No 434 Chestnut Street Chattanooga Hamilton TN 37402 Hospitality Full Service 1 2015
13 Loan Smithridge Plaza Natixis Real Estate Capital LLC Natixis No 5001-5093 South McCarran Boulevard Reno Washoe NV 89502 Retail Anchored 1 1983, 1990
14 Loan Miami Airport Industrial Portfolio UBS AG UBS AG No Various Miami Miami-Dade FL 33142 Industrial Warehouse 2 Various
14.01 Property Sky Chefs 3500 NW 24th Street UBS AG UBS AG No 3500 Northwest 24th Street and 2401 Northwest 36th Avenue Miami Miami-Dade FL 33142 Industrial Warehouse 1 1968, 1970
14.02 Property Sky Chefs 3630 NW 25th Street UBS AG UBS AG No 3630 Northwest 25th Street Miami Miami-Dade FL 33142 Industrial Warehouse 1 1976
15 Loan River Place Apartments UBS AG UBS AG No 400, 500, and 600 River Place Drive Detroit Wayne MI 48207 Multifamily Mid Rise 1 1891, 1908, 1989
16 Loan Conway Commons Rialto Mortgage Finance, LLC RMF No 600-821 Elsinger Boulevard Conway Faulkner AR 72032 Retail Anchored 1 2004
17 Loan Courtyard Marriott New Braunfels Rialto Mortgage Finance, LLC RMF No 750 Interstate 35 North New Braunfels Comal TX 78130 Hospitality Select Service 1 2009
18 Loan Holiday Inn - Matteson UBS AG UBS AG No 500 Holiday Plaza Drive Matteson Cook IL 60443 Hospitality Full Service 1 1984
19 Loan Canyon & Western Business Park Société Générale SG No 4178 Business Park Drive and 7515 Canyon Drive Amarillo Randall TX 79110 Industrial Flex 1 1996, 2000
20 Loan Chatham Glen LCF LCF No 2057 Devonshire Hill Court Plainfield Hendricks IN 46168 Multifamily Garden 1 2016
21 Loan Kjellberg MHP LCF LCF No 9127 MN-25 Monticello Wright MN 55362 Manufactured Housing Community Manufactured Housing Community 1 1970
22 Loan Warner Courtyards UBS AG UBS AG No 301 West Warner Road Tempe Maricopa AZ 85284 Office Suburban 1 2002
23 Loan Windsor Village UBS AG UBS AG No 2500 North Sterling Avenue Oklahoma City Oklahoma OK 73127 Multifamily Garden 1 1962
24 Loan Staybridge Suites Austin Société Générale SG No 13000 North Interstate 35 Austin Travis TX 78753 Hospitality Extended Stay 1 2016
25 Loan HMS - WSS Portfolio UBS AG UBS AG No Various Various Various Various Various Hospitality Limited Service 3 Various
25.01 Property WoodSpring Suites - Savannah UBS AG UBS AG No 4912 Augusta Road Garden City Chatham GA 31408 Hospitality Limited Service 1 2009
25.02 Property WoodSpring Suites - Madison UBS AG UBS AG No 120 Brazelton Circle Madison Madison AL 35758 Hospitality Limited Service 1 2006
25.03 Property Value Place - Huntsville UBS AG UBS AG No 3131 University Drive North West Huntsville Madison AL 35816 Hospitality Limited Service 1 2008
26 Loan 160th Street and Prospect Avenue Portfolio LCF LCF No Various New York Bronx NY Various Multifamily Various 2 Various
26.01 Property 160th Street LCF LCF No 407 East 160th Street New York Bronx NY 10451 Multifamily High Rise 1 2016
26.02 Property Prospect Avenue LCF LCF No 1319AB Prospect Avenue New York Bronx NY 10459 Multifamily Mid Rise 1 2015
27 Loan Sunflower MHC LCF LCF No 865 Pleasure Drive Fort Collins Larimer CO 80524 Manufactured Housing Community Manufactured Housing Community 1 2002
28 Loan Longview Plaza Rialto Mortgage Finance, LLC RMF No 422 West Loop 281 Longview Gregg TX 75605 Retail Anchored 1 1999
29 Loan Charleston Tower UBS AG UBS AG No 1701 West Charleston Boulevard Las Vegas Clark County NV  89102 Office Suburban 1 1973, 1983, 1991
30 Loan Bank of America Center Cantor Commercial Real Estate Lending, L.P. CCRE No 1111 East Main Street Richmond Richmond City VA 23219 Office CBD 1 1974
31 Loan 175 Park Avenue Cantor Commercial Real Estate Lending, L.P. CCRE No 175 Park Avenue Madison Morris NJ 07940 Office Suburban 1 1971
32 Loan Manchester Highlands CIBC Inc. CIBC No 201 Highlands Boulevard Drive Ballwin St. Louis MO 63011 Retail Anchored 1 2009
33 Loan 11 S. LaSalle Street Société Générale SG No 11 South LaSalle Street Chicago Cook IL 60603 Retail Unanchored 1 1914
34 Loan Pelican Walk CIBC Inc. CIBC No 483 Mandalay Avenue Clearwater Beach Pinellas FL 33767 Retail Unanchored 1 1994
35 Loan 5th Street Station UBS AG UBS AG No 5th Street Station Parkway Charlottesville Albemarle VA 22904 Retail Anchored 1 2016
36 Loan 7-9 Vreeland Road Société Générale SG No 7-9 Vreeland Road Florham Park Morris NJ 07932 Industrial Flex 1 1979
37 Loan Seaside Portfolio Société Générale SG No Various Seaside Clatsop OR 97138 Hospitality Limited Service 2 Various
37.01 Property River Inn at Seaside Société Générale SG No 531 Avenue A Seaside Clatsop OR 97138 Hospitality Limited Service 1 2014
37.02 Property Inn at Seaside Société Générale SG No 441 2nd Avenue Seaside Clatsop OR 97138 Hospitality Limited Service 1 1981
38 Loan 14701 Philips Highway LCF LCF No 14701 Philips Highway Jacksonville Duval FL 32256 Office Suburban 1 2018
39 Loan Walgreens & Sherwin Williams Plaza CIBC Inc. CIBC No 7000 & 7008 Marlboro Pike District Heights Prince George’s MD 20747 Retail Anchored 1 2011
40 Loan Hampton Inn - Provo UBS AG UBS AG No 1511 South 40 East Provo Utah UT 84606 Hospitality Limited Service 1 1996
41 Loan Holiday Inn Houston SW – Sugar Land Area Rialto Mortgage Finance, LLC RMF No 11160 Southwest Freeway Houston Harris TX 77031 Hospitality Full Service 1 1981
42 Loan St. Vrain MHC LCF LCF No 446 South Francis Street Longmont Boulder CO 80501 Manufactured Housing Community Manufactured Housing Community 1 1970
43 Loan Livonia Industrial II LCF LCF No 13599 and 13551 Merriman Road; 31555, 31601, 31889, and 31995 Industrial Road Livonia Wayne MI 48150 Industrial Warehouse/Distribution 1 1993
44 Loan Holiday Inn Express - Sandy UBS AG UBS AG No 10680 South Automall Drive Sandy Salt Lake UT 84070 Hospitality Limited Service 1 1998
45 Loan LA Fitness - Chandler AZ Société Générale SG No 2100 North Dobson Road Chandler Maricopa AZ 85224 Retail Single Tenant 1 2001
46 Loan Holiday Inn Express - Savannah UBS AG UBS AG No 11325 Abercorn Street Savannah Chatham GA 31419 Hospitality Limited Service 1 2009
47 Loan Gemstone MHC Portfolio Rialto Mortgage Finance, LLC RMF No Various Various Ottawa OH 43440 Manufactured Housing Community Manufactured Housing Community 2 Various
47.01 Property Harbor’s Edge Rialto Mortgage Finance, LLC RMF No 999 North Buck Road Lakeside Marblehead Ottawa OH 43440 Manufactured Housing Community Manufactured Housing Community 1 1975
47.02 Property Gem Beach Estates Rialto Mortgage Finance, LLC RMF No 5640 East Twinbeach Road Port Clinton Ottawa OH 43440 Manufactured Housing Community Manufactured Housing Community 1 1969
48 Loan Holiday Inn Express & Suites Jackson Natixis, New York Branch Natixis No 101 Clinton Road Jackson Amador CA 95642 Hospitality Limited Service 1 2003
49 Loan 24 Hour Fitness - Mansfield UBS AG UBS AG No 1101 North Walnut Creek Drive Mansfield Tarrant TX 76063 Retail Single Tenant 1 1992
50 Loan Crossroads Village Société Générale SG No 3979 Buford Highway Atlanta DeKalb GA 30345 Retail Shadow Anchored 1 2008
51 Loan Shorecliff Retail Center UBS AG UBS AG No 2727 Via Cascadita San Clemente Orange CA 92672 Retail Anchored 1 1966
52 Loan Holiday Inn Express - Port Richey Société Générale SG No 10619 U.S. Highway 19 Port Richey Pasco FL 34668 Hospitality Limited Service 1 2007
53 Loan Liberty Business Park CIBC Inc. CIBC No 2811, 2821 and 2831 East Philadelphia Street Ontario San Bernardino CA 91761 Industrial Flex 1 1991
54 Loan Kensington Office Plaza LCF LCF No 1661 Feehanville Road Mount Prospect Cook IL 60056 Office Suburban 1 1986
55 Loan Hempstead Highway Industrial CIBC Inc. CIBC No 10612-10616 Hempstead Highway Houston Harris TX 77092 Industrial Warehouse 1 1970
56 Loan TD Bank Long Island City LCF LCF No 21-31 46th Avenue Long Island City Queens NY 11101 Other Leased Fee 1 1931
57 Loan Walgreens & PDQ Retail Portfolio Rialto Mortgage Finance, LLC RMF No Various Various Various FL Various Retail Single Tenant 2 Various
57.01 Property Walgreens Naples Rialto Mortgage Finance, LLC RMF No 7985 Airport Pulling Road North Naples Collier FL 34109 Retail Single Tenant 1 1999
57.02 Property PDQ Orlando Rialto Mortgage Finance, LLC RMF No 14000 South John Young Parkway Orlando Orange FL 32837 Retail Single Tenant 1 2018
58 Loan 24 Hour Fitness - Cedar Hill UBS AG UBS AG No 213 North U.S. Highway 67 Cedar Hill Dallas TX 75104 Retail Single Tenant 1 2002
59 Loan Quality Inn - Florissant UBS AG UBS AG No 55 Dunn Road Florissant St. Louis MO 63031 Hospitality Limited Service 1 1989
60 Loan Greater American Self Storage LCF LCF No 1233 Hunn Road Yuba City Sutter CA 95991 Self Storage Self Storage 1 1990
61 Loan 2036 TC Jester UBS AG UBS AG No 2036 East TC Jester Houston Harris TX 77092 Retail Shadow Anchored 1 1968
62 Loan Zavarella Industrial CIBC Inc. CIBC No 4701 & 4735 Richmond Road Warrensville Heights Cuyahoga OH 44128 Industrial Flex 1 1964, 2001
63 Loan 42 Corporate Park CIBC Inc. CIBC No 42 Corporate Park Irvine Orange CA 92606 Office Suburban 1 1985
64 Loan Dollar General Wonder Lake LCF LCF No 7100 McCullom Lake Road Wonder Lake McHenry IL 60097 Retail Single Tenant 1 2017
65 Loan Dollar General Moscow Mills LCF LCF No 655 Highway C Moscow Mills Lincoln MO 63362 Retail Single Tenant 1 2018

 

A-1-1

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Year Renovated Number of Units(21) Unit of Measure Cut-off Date Balance Per Unit/SF(3) Original Balance(3) Cut-off Date Balance(3) % of Aggregate Cut-off Date Balance Maturity Date or Anticipated Repayment Date Maturity Balance ARD Final Maturity Date Origination Date First Pay Date Payment Day Gross Mortgage Rate Total Administrative Fee Net Mortgage Rate ARD Rate
1 Loan Wyvernwood Apartments 1963, 2000 1,175 Units 66,383 50,000,000 50,000,000 6.2% 7/6/2023 50,000,000 No N/A 7/6/2018 8/6/2018 6 3.672800% 0.014000% 3.658800% N/A
2 Loan Riverfront Plaza 2014 949,875 Sq. Ft. 153 50,000,000 49,862,236 6.2% 5/5/2028 42,239,372 No N/A 5/4/2018 6/5/2018 5 5.065948% 0.014000% 5.051948% N/A
3 Loan Riverwalk 2007 630,379 Sq. Ft. 128 45,000,000 45,000,000 5.6% 6/6/2028 39,989,342 No N/A 6/5/2018 7/6/2018 6 5.176000% 0.014000% 5.162000% N/A
4 Loan 139 Ludlow Street 2015-2016 21,912 Sq. Ft. 1,529 33,500,000 33,500,000 4.2% 1/5/2028 33,500,000 No N/A 12/6/2017 2/5/2018 5 4.443000% 0.014000% 4.429000% N/A
5 Loan Aspect RHG Hotel Portfolio Various 461 Rooms 100,217 33,500,000 33,500,000 4.2% 8/1/2028 29,656,498 No N/A 7/23/2018 9/1/2018 1 5.000000% 0.014000% 4.986000% N/A
5.01 Property Hilton Garden Inn Nashville Smyrna 2015 112 Rooms   10,056,704 10,056,704 1.2%   8,902,884                  
5.02 Property Aloft Hotel Broomfield 2016 139 Rooms   9,118,079 9,118,079 1.1%   8,071,949                  
5.03 Property Hampton Inn Nashville Smyrna 2015 83 Rooms   7,173,783 7,173,783 0.9%   6,350,725                  
5.04 Property Hyatt Place Phoenix North 2016 127 Rooms   7,151,434 7,151,434 0.9%   6,330,940                  
6 Loan 20 Times Square N/A 16,066 Sq. Ft. 16,494 25,000,000 25,000,000 3.1% 5/5/2023 25,000,000 No N/A 4/27/2018 6/5/2018 5 3.108000% 0.014000% 3.094000% N/A
7 Loan Savi Ranch Center N/A 160,773 Sq. Ft. 154 24,750,000 24,750,000 3.1% 7/6/2028 21,420,724 No N/A 6/20/2018 8/6/2018 6 5.008500% 0.014000% 4.994500% N/A
8 Loan Spotsylvania Crossing 2012, 2014 256,757 Sq. Ft. 88 22,500,000 22,476,373 2.8% 7/6/2028 18,532,482 No N/A 6/14/2018 8/6/2018 6 5.050500% 0.014000% 5.036500% N/A
9 Loan Copeland Tower & Stadium Place 2017 210,955 Sq. Ft. 94 19,900,000 19,900,000 2.5% 7/1/2028 17,206,310 No N/A 6/28/2018 8/1/2018 1 4.970000% 0.014000% 4.956000% N/A
10 Loan Somerset Financial Center 2017 230,000 Sq. Ft. 183 18,000,000 18,000,000 2.2% 8/6/2028 18,000,000 No N/A 7/25/2018 9/6/2018 6 5.120000% 0.015250% 5.104750% N/A
11 Loan One Northwestern Plaza 2017 238,373 Sq. Ft. 75 17,850,000 17,850,000 2.2% 8/6/2028 15,937,490 Yes 8/6/2033 7/13/2018 9/6/2018 6 5.400000% 0.014000% 5.386000% Initial Term Interest Rate Plus: (i) 5.00% if a securitization has not occurred prior to ARD; (ii) 2.00% if a securitization has occurred prior to ARD
12 Loan Holiday Inn & Suites - Chattanooga N/A 139 Rooms 128,058 17,800,000 17,800,000 2.2% 8/6/2028 13,608,689 No N/A 7/18/2018 9/6/2018 6 5.622000% 0.014000% 5.608000% N/A
13 Loan Smithridge Plaza 2016 105,592 Sq. Ft. 165 17,420,000 17,420,000 2.2% 6/5/2028 17,420,000 No N/A 5/18/2018 7/5/2018 5 4.951000% 0.014000% 4.937000% N/A
14 Loan Miami Airport Industrial Portfolio Various 211,852 Sq. Ft. 81 17,100,000 17,064,599 2.1% 6/6/2028 14,257,612 No N/A 6/8/2018 7/6/2018 6 5.435000% 0.052750% 5.382250% N/A
14.01 Property Sky Chefs 3500 NW 24th Street 2005 151,383 Sq. Ft.   12,150,000 12,124,847 1.5%   10,130,409                  
14.02 Property Sky Chefs 3630 NW 25th Street 1994 60,469 Sq. Ft.   4,950,000 4,939,752 0.6%   4,127,203                  
15 Loan River Place Apartments 1989 299 Units 56,856 17,000,000 17,000,000 2.1% 7/6/2028 17,000,000 No N/A 6/28/2018 8/6/2018 6 4.333000% 0.062750% 4.270250% N/A
16 Loan Conway Commons 2011 359,995 Sq. Ft. 131 15,000,000 15,000,000 1.9% 8/6/2028 13,769,834 No N/A 7/17/2018 9/6/2018 6 4.690000% 0.015250% 4.674750% N/A
17 Loan Courtyard Marriott New Braunfels 2017 125 Rooms 114,800 14,350,000 14,350,000 1.8% 8/6/2028 12,782,958 No N/A 7/19/2018 9/6/2018 6 5.290000% 0.014000% 5.276000% N/A
18 Loan Holiday Inn - Matteson 2012 202 Rooms 64,356 13,000,000 13,000,000 1.6% 8/6/2028 10,065,117 No N/A 7/20/2018 9/6/2018 6 5.990000% 0.014000% 5.976000% N/A
19 Loan Canyon & Western Business Park N/A 359,095 Sq. Ft. 35 12,700,000 12,700,000 1.6% 8/1/2028 10,352,918 No N/A 7/5/2018 9/1/2018 1 4.740000% 0.014000% 4.726000% N/A
20 Loan Chatham Glen N/A 92 Units 130,435 12,000,000 12,000,000 1.5% 7/6/2028 11,077,453 No N/A 6/8/2018 8/6/2018 6 5.050000% 0.014000% 5.036000% N/A
21 Loan Kjellberg MHP N/A 322 Pads 36,491 11,750,000 11,750,000 1.5% 8/6/2028 10,905,284 No N/A 7/11/2018 9/6/2018 6 5.418000% 0.014000% 5.404000% N/A
22 Loan Warner Courtyards N/A 114,054 Sq. Ft. 101 11,500,000 11,500,000 1.4% 7/6/2028 11,500,000 No N/A 7/3/2018 8/6/2018 6 4.580900% 0.014000% 4.566900% N/A
23 Loan Windsor Village 1998 363 Units 31,680 11,500,000 11,500,000 1.4% 7/6/2028 10,638,947 No N/A 7/9/2018 8/6/2018 6 5.195200% 0.014000% 5.181200% N/A
24 Loan Staybridge Suites Austin N/A 97 Rooms 118,436 11,500,000 11,488,263 1.4% 7/1/2028 9,508,858 No N/A 6/21/2018 8/1/2018 1 5.170000% 0.014000% 5.156000% N/A
25 Loan HMS - WSS Portfolio 2017, 2018 363 Rooms 31,129 11,300,000 11,300,000 1.4% 8/6/2023 10,529,269 No N/A 7/19/2018 9/6/2018 6 5.711000% 0.014000% 5.697000% N/A
25.01 Property WoodSpring Suites - Savannah 2017, 2018 121 Rooms   5,000,000 5,000,000 0.6%   4,658,969                  
25.02 Property WoodSpring Suites - Madison 2017, 2018 121 Rooms   3,600,000 3,600,000 0.4%   3,354,457                  
25.03 Property Value Place - Huntsville 2017, 2018 121 Rooms   2,700,000 2,700,000 0.3%   2,515,843                  
26 Loan 160th Street and Prospect Avenue Portfolio N/A 53 Units 209,434 11,100,000 11,100,000 1.4% 7/6/2028 11,100,000 No N/A 6/26/2018 8/6/2018 6 5.450000% 0.014000% 5.436000% N/A
26.01 Property 160th Street N/A 39 Units   8,149,163 8,149,163 1.0%   8,149,163                  
26.02 Property Prospect Avenue N/A 14 Units   2,950,837 2,950,837 0.4%   2,950,837                  
27 Loan Sunflower MHC N/A 190 Pads 56,842 10,800,000 10,800,000 1.3% 7/6/2028 10,800,000 No N/A 6/28/2018 8/6/2018 6 5.022000% 0.014000% 5.008000% N/A
28 Loan Longview Plaza N/A 153,260 Sq. Ft. 70 10,800,000 10,800,000 1.3% 6/6/2028 10,800,000 No N/A 6/5/2018 7/6/2018 6 5.090000% 0.014000% 5.076000% N/A
29 Loan Charleston Tower N/A 88,708 Sq. Ft. 117 10,400,000 10,388,821 1.3% 7/6/2028 8,538,278 No N/A 7/10/2018 8/6/2018 6 4.951000% 0.014000% 4.937000% N/A
30 Loan Bank of America Center 2017 501,388 Sq. Ft. 121 10,000,000 10,000,000 1.2% 7/1/2028 10,000,000 No N/A 6/21/2018 8/1/2018 1 5.030000% 0.035250% 4.994750% N/A
31 Loan 175 Park Avenue 2013 270,000 Sq. Ft. 315 10,000,000 10,000,000 1.2% 5/6/2028 10,000,000 No N/A 5/1/2018 6/6/2018 6 5.318000% 0.034000% 5.284000% N/A
32 Loan Manchester Highlands N/A 353,701 Sq. Ft. 99 10,000,000 10,000,000 1.2% 5/1/2028 10,000,000 No N/A 4/26/2018 6/1/2018 1 5.070000% 0.014000% 5.056000% N/A
33 Loan 11 S. LaSalle Street 2016 13,062 Sq. Ft. 737 9,630,000 9,630,000 1.2% 7/1/2028 9,630,000 No N/A 6/26/2018 8/1/2018 1 4.970000% 0.014000% 4.956000% N/A
34 Loan Pelican Walk 2012-2018 38,361 Sq. Ft. 248 9,500,000 9,500,000 1.2% 8/1/2028 8,291,623 No N/A 7/18/2018 9/1/2018 1 5.350000% 0.014000% 5.336000% N/A
35 Loan 5th Street Station N/A 451,727 Sq. Ft. 100 9,000,000 9,000,000 1.1% 6/6/2028 9,000,000 No N/A 5/18/2018 7/6/2018 6 4.800280% 0.014000% 4.786280% N/A
36 Loan 7-9 Vreeland Road 2002 155,891 Sq. Ft. 58 9,000,000 8,989,249 1.1% 7/1/2028 7,275,075 No N/A 6/15/2018 8/1/2018 1 4.490000% 0.014000% 4.476000% N/A
37 Loan Seaside Portfolio N/A 96 Rooms 89,896 8,630,000 8,630,000 1.1% 8/1/2028 6,562,929 No N/A 7/3/2018 9/1/2018 1 5.470000% 0.014000% 5.456000% N/A
37.01 Property River Inn at Seaside N/A 48 Rooms   4,810,000 4,810,000 0.6%   3,657,901                  
37.02 Property Inn at Seaside 2018 48 Rooms   3,820,000 3,820,000 0.5%   2,905,027                  
38 Loan 14701 Philips Highway N/A 45,000 Sq. Ft. 189 8,500,000 8,500,000 1.1% 7/6/2028 7,492,618 No N/A 6/8/2018 8/6/2018 6 4.804000% 0.014000% 4.790000% N/A
39 Loan Walgreens & Sherwin Williams Plaza N/A 19,620 Sq. Ft. 413 8,100,000 8,100,000 1.0% 8/1/2028 8,100,000 No N/A 7/17/2018 9/1/2018 1 5.090000% 0.014000% 5.076000% N/A
40 Loan Hampton Inn - Provo 2011, 2012 87 Rooms 91,860 8,000,000 7,991,793 1.0% 7/6/2028 6,525,807 No N/A 6/29/2018 8/6/2018 6 6.008500% 0.014000% 5.994500% N/A
41 Loan Holiday Inn Houston SW – Sugar Land Area 2015, 2017 206 Rooms 37,328 7,700,000 7,689,665 1.0% 7/6/2028 5,911,698 No N/A 7/11/2018 8/6/2018 6 5.740000% 0.014000% 5.726000% N/A
42 Loan St. Vrain MHC N/A 136 Pads 55,882 7,600,000 7,600,000 0.9% 7/6/2028 7,600,000 No N/A 6/19/2018 8/6/2018 6 5.310000% 0.014000% 5.296000% N/A
43 Loan Livonia Industrial II N/A 148,586 Sq. Ft. 50 7,386,750 7,386,750 0.9% 8/6/2028 6,565,444 No N/A 7/19/2018 9/6/2018 6 5.185000% 0.014000% 5.171000% N/A
44 Loan Holiday Inn Express - Sandy 2011, 2012 88 Rooms 81,745 7,200,000 7,193,598 0.9% 7/6/2028 6,058,200 No N/A 6/29/2018 8/6/2018 6 5.728500% 0.014000% 5.714500% N/A
45 Loan LA Fitness - Chandler AZ N/A 60,000 Sq. Ft. 117 7,000,000 7,000,000 0.9% 8/1/2028 6,207,665 No N/A 7/16/2018 9/1/2018 1 5.080000% 0.014000% 5.066000% N/A
46 Loan Holiday Inn Express - Savannah 2017, 2018 88 Rooms 77,201 6,800,000 6,793,690 0.8% 7/6/2028 5,692,114 No N/A 6/27/2018 8/6/2018 6 5.559600% 0.014000% 5.545600% N/A
47 Loan Gemstone MHC Portfolio N/A 190 Pads 34,211 6,500,000 6,500,000 0.8% 8/6/2028 5,769,238 No N/A 7/13/2018 9/6/2018 6 5.120000% 0.014000% 5.106000% N/A
47.01 Property Harbor’s Edge N/A 122 Pads   4,500,000 4,500,000 0.6%   3,994,088                  
47.02 Property Gem Beach Estates N/A 68 Pads   2,000,000 2,000,000 0.2%   1,775,150                  
48 Loan Holiday Inn Express & Suites Jackson N/A 51 Rooms 127,286 6,500,000 6,491,606 0.8% 7/5/2028 5,024,671 No N/A 6/21/2018 8/5/2018 5 5.940000% 0.014000% 5.926000% N/A
49 Loan 24 Hour Fitness - Mansfield 2006 42,600 Sq. Ft. 151 6,435,000 6,435,000 0.8% 7/6/2025 6,435,000 No N/A 6/22/2018 8/6/2018 6 5.070100% 0.014000% 5.056100% N/A
50 Loan Crossroads Village N/A 38,629 Sq. Ft. 162 6,250,000 6,250,000 0.8% 8/1/2028 5,185,622 No N/A 7/6/2018 9/1/2018 1 5.280000% 0.014000% 5.266000% N/A
51 Loan Shorecliff Retail Center N/A 25,060 Sq. Ft. 231 5,800,000 5,800,000 0.7% 8/6/2028 5,317,458 No N/A 7/19/2018 9/6/2018 6 5.779700% 0.014000% 5.765700% N/A
52 Loan Holiday Inn Express - Port Richey N/A 85 Rooms 67,647 5,750,000 5,750,000 0.7% 8/1/2028 4,939,319 No N/A 7/20/2018 9/1/2018 1 6.440000% 0.014000% 6.426000% N/A
53 Loan Liberty Business Park N/A 84,229 Sq. Ft. 59 5,000,000 5,000,000 0.6% 8/1/2028 5,000,000 No N/A 7/6/2018 9/1/2018 1 4.550000% 0.014000% 4.536000% N/A
54 Loan Kensington Office Plaza N/A 85,955 Sq. Ft. 56 4,840,000 4,830,183 0.6% 6/6/2028 4,047,436 No N/A 5/24/2018 7/6/2018 6 5.530000% 0.014000% 5.516000% N/A
55 Loan Hempstead Highway Industrial 2014 133,850 Sq. Ft. 34 4,500,000 4,500,000 0.6% 7/1/2028 4,145,847 No N/A 6/28/2018 8/1/2018 1 4.920000% 0.014000% 4.906000% N/A
56 Loan TD Bank Long Island City 2012 4,800 Sq. Ft. 938 4,500,000 4,500,000 0.6% 8/6/2028 4,500,000 No N/A 7/9/2018 9/6/2018 6 5.500000% 0.014000% 5.486000% N/A
57 Loan Walgreens & PDQ Retail Portfolio N/A 18,714 Sq. Ft. 240 4,500,000 4,500,000 0.6% 7/6/2028 4,500,000 No N/A 6/22/2018 8/6/2018 6 5.060000% 0.014000% 5.046000% N/A
57.01 Property Walgreens Naples N/A 15,930 Sq. Ft.   2,900,000 2,900,000 0.4%   2,900,000                  
57.02 Property PDQ Orlando N/A 2,784 Sq. Ft.   1,600,000 1,600,000 0.2%   1,600,000                  
58 Loan 24 Hour Fitness - Cedar Hill N/A 32,231 Sq. Ft. 131 4,235,000 4,235,000 0.5% 7/6/2025 4,235,000 No N/A 6/21/2018 8/6/2018 6 5.060400% 0.014000% 5.046400% N/A
59 Loan Quality Inn - Florissant N/A 125 Rooms 31,200 3,900,000 3,900,000 0.5% 8/6/2028 3,000,065 No N/A 7/19/2018 9/6/2018 6 5.800000% 0.014000% 5.786000% N/A
60 Loan Greater American Self Storage N/A 69,700 Sq. Ft. 54 3,750,000 3,750,000 0.5% 7/6/2028 3,750,000 No N/A 6/15/2018 8/6/2018 6 4.963000% 0.014000% 4.949000% N/A
61 Loan 2036 TC Jester 2013 17,876 Sq. Ft. 206 3,681,000 3,681,000 0.5% 8/6/2028 3,681,000 No N/A 7/19/2018 9/6/2018 6 5.281900% 0.014000% 5.267900% N/A
62 Loan Zavarella Industrial 2001 58,430 Sq. Ft. 58 3,400,000 3,400,000 0.4% 8/1/2028 2,862,396 No N/A 7/12/2018 9/1/2018 1 5.750000% 0.014000% 5.736000% N/A
63 Loan 42 Corporate Park 2013-2017 18,929 Sq. Ft. 143 2,700,000 2,700,000 0.3% 8/1/2028 2,700,000 No N/A 7/6/2018 9/1/2018 1 4.770000% 0.014000% 4.756000% N/A
64 Loan Dollar General Wonder Lake N/A 9,100 Sq. Ft. 108 980,000 980,000 0.1% 8/6/2028 980,000 Yes 8/6/2033 7/12/2018 9/6/2018 6 5.700000% 0.014000% 5.686000% 9.70000%
65 Loan Dollar General Moscow Mills N/A 9,100 Sq. Ft. 102 931,000 931,000 0.1% 8/6/2028 931,000 Yes 8/6/2033 7/12/2018 9/6/2018 6 5.760000% 0.014000% 5.746000% 9.76000%

 

A-1-2

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Interest Accrual Method Monthly Debt Service Payment Amortization Type Original Term to Maturity or ARD Remaining Term to Maturity or ARD Original IO Term Remaining IO Term Original Amortization Term Remaining Amortization Term Seasoning Prepayment Provisions(5)(6) Grace Period Default Grace Period Late Grace Period at Maturity Default Appraised Value(4)(13) Appraisal Date(4)(13) U/W NOI DSCR(3)(22) U/W NCF DSCR(3)(22) Cut-off Date LTV Ratio(3)(4)(13) LTV Ratio at Maturity or ARD(3)(4)(13) U/W NOI Debt Yield(3)(13) U/W NCF Debt Yield(3)(13) U/W EGI
1 Loan Wyvernwood Apartments Actual/360 155,158.80  Full IO 60 59 60 59 0 0 1 LO(24);YM1(31);O(5) 0 0 0 205,000,000 5/9/2018 3.68 3.55 38.0% 38.0% 13.7% 13.2% 16,811,387
2 Loan Riverfront Plaza Actual/360 262,013.94  Amortizing 120 117 0 0 360 357 3 LO(27);DEF/YM1(89);O(4) 0 0 0 200,800,000 2/13/2018 1.58 1.49 72.5% 61.4% 10.0% 9.4% 22,503,174
3 Loan Riverwalk Actual/360 246,433.15  Partial IO 120 118 36 34 360 360 2 LO(26);DEF(91);O(3) 0 4 (First 2 occurrence only) 0 117,000,000 4/23/2018 1.40 1.34 69.0% 61.3% 9.2% 8.8% 10,828,207
4 Loan 139 Ludlow Street Actual/360 125,756.44  Full IO 120 113 120 113 0 0 7 LO(31);DEF(85);O(4) 0 0 0 60,400,000 9/1/2017 1.80 1.80 55.5% 55.5% 8.1% 8.1% 3,133,405
5 Loan Aspect RHG Hotel Portfolio Actual/360 179,835.24  Partial IO 120 120 36 36 360 360 0 LO(24);DEF/YM1(91);O(5) 0 0 0 75,500,000 Various 2.04 1.74 61.2% 54.2% 13.1% 11.2% 17,963,379
5.01 Property Hilton Garden Inn Nashville Smyrna                              23,000,000 5/2/2018             4,922,749
5.02 Property Aloft Hotel Broomfield                              20,500,000 5/30/2018             5,854,407
5.03 Property Hampton Inn Nashville Smyrna                              16,000,000 5/2/2018             3,309,629
5.04 Property Hyatt Place Phoenix North                              16,000,000 5/8/2018             3,876,593
6 Loan 20 Times Square Actual/360 65,649.31  Full IO 60 57 60 57 0 0 3 LO(27);DEF(30);O(3) 0 0 0 1,636,000,000 1/31/2018 3.65 3.65 16.2% 16.2% 11.5% 11.5% 30,443,635
7 Loan Savi Ranch Center Actual/360 132,991.95  Partial IO 120 119 24 23 360 360 1 LO(25);DEF(91);O(4) 0 0 0 34,500,000 4/21/2018 1.58 1.48 71.7% 62.1% 10.2% 9.6% 3,259,647
8 Loan Spotsylvania Crossing Actual/360 121,480.25  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(90);O(5) 0 0 0 33,600,000 4/11/2018 1.55 1.43 66.9% 55.2% 10.0% 9.3% 2,783,021
9 Loan Copeland Tower & Stadium Place Actual/360 106,462.94  Partial IO 120 119 24 23 360 360 1 LO(25);DEF(92);O(3) 7 7 0 29,000,000 5/18/2018 1.49 1.34 68.6% 59.3% 9.6% 8.6% 3,543,493
10 Loan Somerset Financial Center Actual/360 77,866.67  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0 0 65,000,000 5/30/2018 1.82 1.80 64.6% 64.6% 9.5% 9.4% 5,297,846
11 Loan One Northwestern Plaza Actual/360 100,233.25  Partial IO, ARD 120 120 36 36 360 360 0 YM(24);DEF/YM(89);O(7) 0 0 0 27,600,000 6/25/2018 1.67 1.42 64.7% 57.7% 11.2% 9.6% 4,592,254
12 Loan Holiday Inn & Suites - Chattanooga Actual/360 110,608.23  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0 0 26,300,000 4/19/2018 1.73 1.54 67.7% 51.7% 12.9% 11.5% 5,230,306
13 Loan Smithridge Plaza Actual/360 72,870.24  Full IO 120 118 120 118 0 0 2 LO(26);DEF(90);O(4) 0 0 0 26,800,000 2/20/2018 1.77 1.63 65.0% 65.0% 8.9% 8.2% 2,027,710
14 Loan Miami Airport Industrial Portfolio Actual/360 96,395.70  Amortizing 120 118 0 0 360 358 2 LO(26);DEF(90);O(4) 0 0 0 22,800,000 4/25/2018 1.71 1.68 74.8% 62.5% 11.6% 11.4% 2,927,749
14.01 Property Sky Chefs 3500 NW 24th Street                              16,200,000 4/25/2018             2,095,920
14.02 Property Sky Chefs 3630 NW 25th Street                              6,600,000 4/25/2018             831,829
15 Loan River Place Apartments Actual/360 62,236.72  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0 0 32,800,000 5/24/2018 3.25 3.13 51.8% 51.8% 14.3% 13.8% 5,198,106
16 Loan Conway Commons Actual/360 77,705.54  Partial IO 120 120 60 60 360 360 0 LO(23);YM1(93);O(4) 0 0 0 80,550,000 6/29/2018 1.62 1.54 58.7% 53.8% 10.1% 9.6% 5,615,437
17 Loan Courtyard Marriott New Braunfels Actual/360 79,597.13  Partial IO 120 120 36 36 360 360 0 LO(24);DEF(92);O(4) 0 0 0 22,700,000 5/25/2018 2.10 1.85 63.2% 56.3% 14.0% 12.3% 5,984,277
18 Loan Holiday Inn - Matteson Actual/360 83,679.73  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0 0 22,500,000 3/25/2018 2.17 1.87 57.8% 44.7% 16.7% 14.4% 7,453,674
19 Loan Canyon & Western Business Park Actual/360 66,172.68  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(91);O(5) 0 0 0 17,350,000 5/15/2018 1.69 1.56 73.2% 59.7% 10.6% 9.7% 2,065,673
20 Loan Chatham Glen Actual/360 64,785.79  Partial IO 120 119 60 59 360 360 1 LO(25);DEF(92);O(3) 0 0 0 17,200,000 5/28/2018 1.30 1.27 69.8% 64.4% 8.4% 8.2% 1,561,907
21 Loan Kjellberg MHP Actual/360 66,111.95  Partial IO 120 120 60 60 360 360 0 LO(24);DEF(92);O(4) 0 0 0 18,270,000 4/13/2018 1.29 1.27 64.3% 59.7% 8.7% 8.6% 1,533,659
22 Loan Warner Courtyards Actual/360 44,510.02  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0 0 23,000,000 4/30/2018 2.91 2.65 50.0% 50.0% 13.5% 12.3% 2,228,538
23 Loan Windsor Village Actual/360 63,113.66  Partial IO 120 119 60 59 360 360 1 LO(25);DEF(91);O(4) 0 0 0 19,740,000 6/7/2018 1.98 1.86 58.3% 53.9% 13.1% 12.2% 2,425,196
24 Loan Staybridge Suites Austin Actual/360 62,934.80  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(91);O(4) 0 0 0 19,000,000 6/5/2018 2.20 1.99 60.5% 50.0% 14.4% 13.1% 3,877,660
25 Loan HMS - WSS Portfolio Actual/360 65,664.04  Amortizing 60 60 0 0 360 360 0 LO(24);YM1(29);O(7) 0 0 0 18,800,000 Various 2.03 1.83 60.1% 56.0% 14.2% 12.7% 3,998,060
25.01 Property WoodSpring Suites - Savannah                              7,900,000 6/4/2018             1,565,252
25.02 Property WoodSpring Suites - Madison                              5,900,000 5/29/2018             1,241,189
25.03 Property Value Place - Huntsville                              5,000,000 5/29/2018             1,191,620
26 Loan 160th Street and Prospect Avenue Portfolio Actual/360 51,112.67  Full IO 120 119 120 119 0 0 1 LO(25);DEF(88);O(7) 0 5 0 16,300,000 6/5/2018 1.26 1.24 68.1% 68.1% 6.9% 6.9% 910,573
26.01 Property 160th Street                              12,000,000 6/5/2018             666,224
26.02 Property Prospect Avenue                              4,300,000 6/5/2018             244,348
27 Loan Sunflower MHC Actual/360 45,825.75  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0 0 19,500,000 3/2/2018 1.67 1.65 55.4% 55.4% 8.5% 8.4% 1,299,495
28 Loan Longview Plaza Actual/360 46,446.25  Full IO 120 118 120 118 0 0 2 LO(26);DEF(90);O(4) 0 0 0 20,400,000 5/10/2018 2.27 1.97 52.9% 52.9% 11.7% 10.2% 1,758,245
29 Loan Charleston Tower Actual/360 55,518.42  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(91);O(4) 0 0 0 17,250,000 5/1/2018 2.03 1.87 60.2% 49.5% 13.0% 12.0% 2,026,424
30 Loan Bank of America Center Actual/360 42,498.84  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 5 0 0 112,200,000 5/17/2018 2.27 2.14 53.9% 53.9% 11.6% 10.9% 10,869,501
31 Loan 175 Park Avenue Actual/360 44,932.18  Full IO 120 117 120 117 0 0 3 LO(27);DEF(89);O(4) 0 0 0 135,000,000 4/5/2018 1.65 1.60 63.0% 63.0% 8.9% 8.7% 9,222,583
32 Loan Manchester Highlands Actual/360 42,836.81  Full IO 120 117 120 117 0 0 3 LO(24);YM1(92);O(4) 7 7 0 55,800,000 2/1/2018 1.85 1.74 62.7% 62.7% 9.5% 9.0% 4,391,111
33 Loan 11 S. LaSalle Street Actual/360 40,438.20  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 5 5 0 16,400,000 5/21/2018 1.82 1.79 58.7% 58.7% 9.2% 9.0% 1,103,362
34 Loan Pelican Walk Actual/360 53,049.30  Partial IO 120 120 24 24 360 360 0 LO(23);YM1(94);O(3) 7 7 0 14,400,000 6/7/2018 1.47 1.43 66.0% 57.6% 9.9% 9.6% 1,288,824
35 Loan 5th Street Station Actual/360 36,502.13  Full IO 120 118 120 118 0 0 2 LO(26);DEF(90);O(4) 0 0 0 144,980,000 2/12/2018 3.35 3.22 25.9% 25.9% 19.6% 18.8% 8,875,441
36 Loan 7-9 Vreeland Road Actual/360 45,548.22  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(91);O(4) 0 0 0 15,700,000 4/13/2018 2.62 2.47 57.3% 46.3% 15.9% 15.0% 2,053,835
37 Loan Seaside Portfolio Actual/360 52,841.25  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0 0 15,800,000 5/29/2018 2.12 1.90 54.6% 41.5% 15.6% 14.0% 3,491,637
37.01 Property River Inn at Seaside                              8,800,000 5/29/2018             1,893,850
37.02 Property Inn at Seaside                              7,000,000 5/29/2018             1,597,788
38 Loan 14701 Philips Highway Actual/360 44,617.11  Partial IO 120 119 36 35 360 360 1 LO(25);DEF(92);O(3) 0 0 0 13,900,000 5/10/2018 1.72 1.67 61.2% 53.9% 10.8% 10.5% 940,500
39 Loan Walgreens & Sherwin Williams Plaza Actual/360 34,834.69  Full IO 120 120 120 120 0 0 0 LO(24);DEF(93);O(3) 7 7 0 12,750,000 6/8/2018 1.72 1.71 63.5% 63.5% 8.9% 8.8% 955,864
40 Loan Hampton Inn - Provo Actual/360 49,599.21  Amortizing 120 119 0 0 330 329 1 LO(25);DEF(91);O(4) 0 0 0 12,000,000 5/23/2018 2.04 1.84 66.6% 54.4% 15.2% 13.7% 3,053,327
41 Loan Holiday Inn Houston SW – Sugar Land Area Actual/360 48,394.67  Amortizing 120 119 0 0 300 299 1 LO(25);DEF(91);O(4) 0 0 0 14,900,000 4/19/2018 2.11 1.83 51.6% 39.7% 15.9% 13.8% 4,007,732
42 Loan St. Vrain MHC Actual/360 34,097.08  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0 0 12,200,000 2/21/2018 1.59 1.57 62.3% 62.3% 8.6% 8.5% 929,158
43 Loan Livonia Industrial II Actual/360 40,493.03  Partial IO 120 120 36 36 360 360 0 LO(24);DEF(89);O(7) 0 0 0 10,200,000 5/24/2018 1.53 1.41 72.4% 64.4% 10.1% 9.3% 1,076,451
44 Loan Holiday Inn Express - Sandy Actual/360 41,918.96  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(91);O(4) 0 0 0 10,700,000 5/23/2018 1.80 1.59 67.2% 56.6% 12.6% 11.1% 2,653,921
45 Loan LA Fitness - Chandler AZ Actual/360 37,920.50  Partial IO 120 120 36 36 360 360 0 LO(60);YM1(56);O(4) 0 0 0 12,950,000 6/11/2018 1.57 1.49 54.1% 47.9% 10.2% 9.7% 738,492
46 Loan Holiday Inn Express - Savannah Actual/360 38,864.31  Amortizing 120 119 0 0 360 359 1 LO(25);DEF(91);O(4) 0 0 0 10,600,000 5/9/2018 1.89 1.68 64.1% 53.7% 13.0% 11.5% 2,399,182
47 Loan Gemstone MHC Portfolio Actual/360 35,371.66  Partial IO 120 120 36 36 360 360 0 LO(24);DEF(91);O(5) 0 0 0 9,700,000 5/25/2018 1.40 1.37 67.0% 59.5% 9.2% 9.0% 874,995
47.01 Property Harbor’s Edge                              6,600,000 5/25/2018             606,644
47.02 Property Gem Beach Estates                              3,100,000 5/25/2018             268,351
48 Loan Holiday Inn Express & Suites Jackson Actual/360 41,641.52  Amortizing 120 119 0 0 300 299 1 LO(25);DEF(92);O(3) 0 0 0 10,200,000 3/27/2018 1.82 1.65 63.6% 49.3% 14.0% 12.7% 2,035,539
49 Loan 24 Hour Fitness - Mansfield Actual/360 27,566.03  Full IO 84 83 84 83 0 0 1 LO(25);DEF(52);O(7) 0 0 0 12,440,000 4/11/2018 2.44 2.34 51.7% 51.7% 12.6% 12.0% 1,071,350
50 Loan Crossroads Village Actual/360 34,628.96  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 5 5 0 9,600,000 6/1/2018 1.91 1.80 65.1% 54.0% 12.7% 12.0% 1,035,167
51 Loan Shorecliff Retail Center Actual/360 33,956.74  Partial IO 120 120 48 48 360 360 0 LO(24);DEF(92);O(4) 0 0 0 9,000,000 4/27/2018 1.38 1.34 64.4% 59.1% 9.7% 9.4% 761,003
52 Loan Holiday Inn Express - Port Richey Actual/360 36,117.32  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(92);O(4) 0 0 0 11,000,000 5/11/2018 1.69 1.50 52.3% 44.9% 12.7% 11.3% 1,962,493
53 Loan Liberty Business Park Actual/360 19,221.64  Full IO 120 120 120 120 0 0 0 LO(24);YM1(92);O(4) 7 7 0 12,700,000 5/10/2018 2.71 2.53 39.4% 39.4% 12.5% 11.7% 766,948
54 Loan Kensington Office Plaza Actual/360 27,572.16  Amortizing 120 118 0 0 360 358 2 LO(26);DEF(91);O(3) 0 0 0 7,300,000 4/24/2018 1.84 1.59 66.2% 55.4% 12.6% 10.9% 1,560,682
55 Loan Hempstead Highway Industrial Actual/360 23,937.44  Partial IO 120 119 60 59 360 360 1 LO(25);DEF(91);O(4) 7 7 0 6,590,000 5/24/2018 1.80 1.61 68.3% 62.9% 11.5% 10.3% 712,908
56 Loan TD Bank Long Island City Actual/360 20,911.46  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0 0 10,400,000 5/25/2018 1.80 1.80 43.3% 43.3% 10.1% 10.1% 468,004
57 Loan Walgreens & PDQ Retail Portfolio Actual/360 19,238.54  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0 0 9,200,000 3/24/2018 2.16 2.15 48.9% 48.9% 11.1% 11.0% 516,840
57.01 Property Walgreens Naples                              5,900,000 3/24/2018             345,840
57.02 Property PDQ Orlando                              3,300,000 3/24/2018             171,000
58 Loan 24 Hour Fitness - Cedar Hill Actual/360 18,107.04  Full IO 84 83 84 83 0 0 1 LO(25);DEF(52);O(7) 0 0 0 8,500,000 4/12/2018 2.49 2.36 49.8% 49.8% 12.8% 12.1% 838,839
59 Loan Quality Inn - Florissant Actual/360 24,653.13  Amortizing 120 120 0 0 300 300 0 LO(24);DEF(92);O(4) 0 0 0 6,200,000 5/17/2018 1.96 1.72 62.9% 48.4% 14.9% 13.1% 1,730,890
60 Loan Greater American Self Storage Actual/360 15,724.78  Full IO 120 119 120 119 0 0 1 LO(25);DEF(91);O(4) 0 0 0 6,400,000 3/12/2018 2.15 2.09 58.6% 58.6% 10.8% 10.5% 618,031
61 Loan 2036 TC Jester Actual/360 16,427.26  Full IO 120 120 120 120 0 0 0 LO(24);DEF(92);O(4) 0 0 0 6,100,000 5/25/2018 1.93 1.84 60.3% 60.3% 10.3% 9.9% 544,177
62 Loan Zavarella Industrial Actual/360 19,841.48  Amortizing 120 120 0 0 360 360 0 LO(24);DEF(93);O(3) 7 7 0 5,250,000 6/7/2018 1.54 1.40 64.8% 54.5% 10.8% 9.8% 541,263
63 Loan 42 Corporate Park Actual/360 10,881.56  Full IO 120 120 120 120 0 0 0 LO(24);YM1(92);O(4) 7 7 0 5,000,000 5/10/2018 2.26 2.09 54.0% 54.0% 10.9% 10.1% 476,269
64 Loan Dollar General Wonder Lake Actual/360 4,719.65  Full IO, ARD 120 120 120 120 0 0 0 YM(24);DEF/YM(89);O(7) 0 0 0 1,400,000 7/26/2017 1.50 1.48 70.0% 70.0% 8.7% 8.6% 87,818
65 Loan Dollar General Moscow Mills Actual/360 4,530.87  Full IO, ARD 120 120 120 120 0 0 0 YM(24);DEF/YM(89);O(7) 0 0 0 1,330,000 2/19/2018 1.54 1.52 70.0% 70.0% 9.0% 8.9% 86,526

 

A-1-3

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name U/W Expenses U/W NOI(27) U/W Replacement U/W TI/LC U/W NCF Occupancy Rate(9)(29) Occupancy as-of Date(29) Most Recent Operating Statement Date(29) Most Recent EGI Most Recent Expenses Most Recent NOI Second Most Recent Operating Statement Date(29) Second Most Recent EGI Second Most Recent Expenses Second Most Recent NOI Third Most Recent Operating Statement Date(29) Third Most Recent EGI Third Most Recent Expenses Third Most Recent NOI Largest Tenant Name(9)(10)(11)(12)(28)
1 Loan Wyvernwood Apartments 6,128,650 10,682,737 376,000 0 10,306,737 98.0% 6/27/2018 TTM 5/31/2018 16,213,876 5,395,450 10,818,426 12/31/2017 15,925,559 5,315,071 10,610,488 12/31/2016 15,225,327 4,978,285 10,247,043 N/A
2 Loan Riverfront Plaza 7,997,506 14,505,668 142,481 649,875 13,713,312 83.4% 3/28/2018 TTM 1/31/2018 18,661,328 8,267,688 10,393,640 12/31/2017 18,397,856 8,276,354 10,121,502 12/31/2016 19,087,328 8,714,695 10,372,633 Hunton & Williams LLP
3 Loan Riverwalk 3,385,984 7,442,223 63,038 252,152 7,127,034 93.0% 6/18/2018 TTM 3/31/2018 9,623,128 3,038,382 6,584,746 12/31/2017 9,594,562 2,972,803 6,621,759 12/31/2016 9,353,828 3,023,123 6,330,705  Solectria
4 Loan 139 Ludlow Street 411,197 2,722,208 3,287 0 2,718,922 100.0% 8/1/2018 TTM 3/31/2018 3,287,085 317,059 2,970,026 12/31/2017 3,247,196 373,914 2,873,282 N/A N/A N/A N/A Soho-Ludlow Tenant, LLC
5 Loan Aspect RHG Hotel Portfolio 11,900,238 6,063,140 898,169 0 5,164,972 81.2% 7/17/2018 TTM 4/30/2018 18,008,285 11,662,506 6,345,779 12/31/2017 17,894,637 11,477,039 6,417,598 12/31/2016 17,231,415 11,478,152 5,753,263 N/A
5.01 Property Hilton Garden Inn Nashville Smyrna 2,891,790 2,030,959 246,137 0 1,784,822 82.3% 7/17/2018 TTM 4/30/2018 4,922,749 2,829,845 2,092,904 12/31/2017 4,904,305 2,778,420 2,125,885 12/31/2016 4,687,669 2,813,504 1,874,165 N/A
5.02 Property Aloft Hotel Broomfield 4,119,926 1,734,482 292,720 0 1,441,761 79.9% 7/17/2018 TTM 4/30/2018 5,805,105 4,164,882 1,640,223 12/31/2017 5,681,414 4,085,422 1,595,992 12/31/2016 5,409,269 4,151,861 1,257,408 N/A
5.03 Property Hampton Inn Nashville Smyrna 1,930,274 1,379,355 165,481 0 1,213,874 83.6% 7/17/2018 TTM 4/30/2018 3,403,838 1,894,895 1,508,943 12/31/2017 3,414,944 1,884,303 1,530,641 12/31/2016 3,311,151 1,838,566 1,472,585 N/A
5.04 Property Hyatt Place Phoenix North 2,958,249 918,344 193,830 0 724,515 79.6% 7/17/2018 TTM 4/30/2018 3,876,593 2,772,884 1,103,709 12/31/2017 3,893,974 2,728,894 1,165,080 12/31/2016 3,823,326 2,674,221 1,149,105 N/A
6 Loan 20 Times Square 0 30,443,635 0 0 30,443,635 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
7 Loan Savi Ranch Center 733,520 2,526,127 25,724 130,652 2,369,751 96.0% 4/17/2018 TTM 3/31/2018 3,230,816 793,746 2,437,070 12/31/2017 3,272,673 796,108 2,476,565 12/31/2016 3,372,799 770,730 2,602,069 Dick’s Sporting Goods
8 Loan Spotsylvania Crossing 530,639 2,252,382 25,676 138,247 2,088,459 95.1% 6/1/2018 12/31/2017 2,109,007 475,456 1,633,551 12/31/2016 2,256,324 540,257 1,716,067 N/A N/A N/A N/A At Home
9 Loan Copeland Tower & Stadium Place 1,638,870 1,904,623 42,191 147,669 1,714,764 84.0% 6/1/2018 TTM 5/30/2018 3,541,482 1,670,635 1,870,847 12/31/2017 3,515,972 1,648,112 1,867,860 12/31/2016 3,241,235 1,640,157 1,601,078 Multiplan, Inc.
10 Loan Somerset Financial Center 1,321,680 3,976,166 46,000 0 3,930,166 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Mallinckrodt
11 Loan One Northwestern Plaza 2,587,138 2,005,116 60,000 238,373 1,706,743 85.0% 4/30/2018 TTM 4/30/2018 3,796,266 2,531,415 1,264,851 12/31/2017 3,796,299 2,536,770 1,259,530 12/31/2016 3,358,202 2,444,522 913,681 Village Green
12 Loan Holiday Inn & Suites - Chattanooga 2,939,513 2,290,792 245,021 0 2,045,771 73.8% TTM 4/30/2018 TTM 4/30/2018 5,227,908 2,996,126 2,231,782 12/31/2017 5,152,186 2,929,832 2,222,354 12/31/2016 4,446,442 2,923,741 1,522,701 N/A
13 Loan Smithridge Plaza 477,881 1,549,829 15,839 105,594 1,428,396 85.6% 4/1/2018 TTM 3/31/2018 2,214,416 461,321 1,753,095 12/31/2017 2,160,551 477,641 1,682,910 12/31/2016 1,959,154 443,516 1,515,639 Stein Mart
14 Loan Miami Airport Industrial Portfolio 954,822 1,972,927 25,422 0 1,947,505 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Sky Chefs, Inc.
14.01 Property Sky Chefs 3500 NW 24th Street 682,230 1,413,690 18,166 0 1,395,524 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Sky Chefs, Inc.
14.02 Property Sky Chefs 3630 NW 25th Street 272,592 559,237 7,256 0 551,981 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Sky Chefs, Inc.
15 Loan River Place Apartments 2,774,533 2,423,574 83,720 0 2,339,854 95.0% 5/29/2018 TTM 5/31/2018 5,073,445 2,373,810 2,699,635 12/31/2017 4,850,753 2,271,457 2,579,296 12/31/2016 3,429,241 1,466,481 1,962,760 N/A
16 Loan Conway Commons 855,197 4,760,240 53,999 179,998 4,526,244 98.3% 6/30/2018 TTM 5/31/2018 5,684,671 889,542 4,795,129 12/31/2017 5,749,066 903,213 4,845,853 12/31/2016 5,507,829 795,541 4,712,288 Kohl’s
17 Loan Courtyard Marriott New Braunfels 3,975,361 2,008,916 239,371 0 1,769,545 75.5% TTM 5/31/2018 TTM 5/31/2018 5,984,277 3,866,774 2,117,503 12/31/2017 5,736,093 3,717,448 2,018,645 12/31/2016 5,393,041 3,562,558 1,830,483 N/A
18 Loan Holiday Inn - Matteson 5,278,441 2,175,233 298,147 0 1,877,086 75.9% TTM 6/30/2018 TTM 6/30/2018 7,424,077 5,048,910 2,375,167 12/31/2017 7,682,047 5,131,466 2,550,581 12/31/2016 7,674,207 5,387,608 2,286,599 N/A
19 Loan Canyon & Western Business Park 724,135 1,341,538 53,864 50,000 1,237,674 89.8% 6/20/2018 TTM 4/30/2018 2,004,154 658,619 1,345,535 12/31/2017 1,984,378 737,455 1,246,923 12/31/2016 1,930,563 738,066 1,192,497 BRANDON JONES
20 Loan Chatham Glen 551,644 1,010,263 23,000 0 987,263 95.7% 5/23/2018 4/30/2018 T-3 Annualized 1,314,232 582,385 731,847 4/30/2018 T-6 Annualized 1,241,119 463,327 777,792 4/30/2018 T-9 Annualized 1,185,123 470,287 714,836 N/A
21 Loan Kjellberg MHP 508,222 1,025,437 16,100 0 1,009,337 100.0% 4/16/2018 TTM 4/30/2018 1,467,985 537,958 930,027 12/31/2017 1,400,022 559,652 840,370 12/31/2016 1,351,568 518,952 832,616 N/A
22 Loan Warner Courtyards 673,537 1,555,002 21,670 117,351 1,415,980 97.5% 5/31/2018 TTM 5/31/2018 1,770,176 743,842 1,026,334 12/31/2017 1,217,450 735,261 482,190 12/31/2016 524,962 682,099 -157,137 Cenlar FSB
23 Loan Windsor Village 923,893 1,501,303 95,469 0 1,405,834 98.3% 7/16/2018 TTM 4/30/2018 2,357,292 922,884 1,434,408 12/31/2017 2,341,107 936,053 1,405,054 12/31/2016 2,344,388 914,133 1,430,255 N/A
24 Loan Staybridge Suites Austin 2,218,149 1,659,511 155,106 0 1,504,404 82.5% 6/12/2018 TTM 4/30/2018 3,877,660 2,162,306 1,715,354 12/31/2017 3,455,973 2,112,019 1,343,954 N/A N/A N/A N/A N/A
25 Loan HMS - WSS Portfolio 2,398,339 1,599,721 159,922 0 1,439,799 77.2% TTM 4/30/2018 TTM 4/30/2018 3,998,060 2,392,665 1,605,396 12/31/2017 3,921,194 2,357,639 1,563,555 12/31/2016 3,344,645 2,048,646 1,295,999 N/A
25.01 Property WoodSpring Suites - Savannah 859,805 705,446 62,610 0 642,836 78.4% TTM 4/30/2018 TTM 4/30/2018 1,565,252 837,174 728,077 12/31/2017 1,589,566 838,531 751,035 12/31/2016 1,349,282 749,878 599,404 N/A
25.02 Property WoodSpring Suites - Madison 739,410 501,779 49,648 0 452,131 77.6% TTM 4/30/2018 TTM 4/30/2018 1,241,189 747,013 494,176 12/31/2017 1,208,976 729,131 479,845 12/31/2016 1,001,672 625,342 376,330 N/A
25.03 Property Value Place - Huntsville 799,124 392,496 47,665 0 344,831 75.5% TTM 4/30/2018 TTM 4/30/2018 1,191,620 808,477 383,143 12/31/2017 1,122,653 789,978 332,675 12/31/2016 993,691 673,426 320,265 N/A
26 Loan 160th Street and Prospect Avenue Portfolio 140,569 770,004 9,275 0 760,729 100.0% 5/23/2018 TTM 4/30/2018 920,873 140,289 780,584 N/A N/A N/A N/A N/A N/A N/A N/A N/A
26.01 Property 160th Street 100,827 565,398 6,825 0 558,573 100.0% 5/23/2018 TTM 4/30/2018 674,759 100,274 574,485 N/A N/A N/A N/A N/A N/A N/A N/A N/A
26.02 Property Prospect Avenue 39,742 204,606 2,450 0 202,156 100.0% 5/23/2018 TTM 4/30/2018 246,114 40,015 206,099 N/A N/A N/A N/A N/A N/A N/A N/A N/A
27 Loan Sunflower MHC 382,609 916,886 9,500 0 907,386 98.9% 5/31/2018 TTM 4/30/2018 1,300,522 385,753 914,769 12/31/2017 1,249,928 380,911 869,017 T-6 Annualized 7/31/2016 1,133,546 298,147 835,399 N/A
28 Loan Longview Plaza 491,942 1,266,303 15,326 153,260 1,097,717 100.0% 5/24/2018 TTM 4/30/2018 1,858,648 496,811 1,361,837 12/31/2017 1,843,143 475,933 1,367,210 12/31/2016 1,803,603 493,957 1,309,646 Best Buy
29 Loan Charleston Tower 676,985 1,349,440 17,742 88,708 1,242,990 95.1% 3/31/2018 TTM 3/31/2018 1,708,153 800,123 908,030 12/31/2017 1,639,270 786,048 853,222 12/31/2016 1,641,418 799,874 841,545 Board of Regents of the Nevada System of Higher Education (NSHE)
30 Loan Bank of America Center 3,853,953 7,015,548 50,139 348,888 6,616,522 84.5% 6/18/2018 4/30/2018 7,656,935 3,679,228 3,977,706 12/31/2017 7,554,630 3,605,981 3,948,648 12/31/2016 6,752,259 3,329,786 3,422,473 Bank of America
31 Loan 175 Park Avenue 1,678,193 7,544,391 54,000 135,000 7,355,391 100.0% 8/1/2018 TTM 2/28/2018 9,646,590 1,533,245 8,113,345 12/31/2017 9,622,727 1,654,788 7,967,939 12/31/2016 9,571,205 1,645,281 7,925,924 Realogy Operations LLC
32 Loan Manchester Highlands 1,067,207 3,323,905 21,222 166,885 3,135,798 100.0% 5/31/2018 TTM 5/31/2018 4,630,216 1,017,108 3,613,109 12/31/2017 4,502,319 1,056,567 3,445,752 12/31/2016 4,504,343 835,981 3,668,362 Walmart Stores East, LP
33 Loan 11 S. LaSalle Street 218,489 884,873 2,612 13,062 869,199 93.1% 6/1/2018 TTM 3/31/2018 916,772 190,043 726,729 12/31/2017 840,786 178,947 661,839 N/A N/A N/A N/A Citibank NA
34 Loan Pelican Walk 351,918 936,906 6,138 18,797 911,971 93.7% 7/1/2018 TTM 3/31/2018 1,081,707 252,964 828,743 12/31/2017 1,068,396 251,355 817,041 12/31/2016 1,102,355 248,196 854,159 Brown Boxer/Hoot the Dog LLC
35 Loan 5th Street Station 1,531,391 7,344,050 31,621 260,837 7,051,592 93.1% 1/31/2018 TTM 1/31/2018 6,910,000 1,327,764 5,582,236 12/31/2017 6,770,075 1,253,177 5,516,898 N/A N/A N/A N/A Wegman’s Food Markets, Inc.
36 Loan 7-9 Vreeland Road 620,153 1,433,683 20,266 62,356 1,351,060 89.3% 6/1/2018 TTM 3/31/2018 1,746,735 577,752 1,168,983 N/A N/A N/A N/A N/A N/A N/A N/A General Dynamics Mission Systems
37 Loan Seaside Portfolio 2,146,223 1,345,414 139,665 0 1,205,748 67.4% 6/20/2018 TTM 4/30/2018 3,491,680 2,054,221 1,437,460 12/31/2017 3,438,583 2,051,762 1,386,821 12/31/2016 3,330,390 1,970,802 1,359,588 N/A
37.01 Property River Inn at Seaside 1,086,904 806,946 75,754 0 731,192 70.8% 6/20/2018 TTM 4/30/2018 1,893,943 1,038,977 854,966 12/31/2017 1,851,772 1,055,739 796,033 12/31/2016 1,741,390 977,157 764,233 N/A
37.02 Property Inn at Seaside 1,059,319 538,468 63,912 0 474,557 64.1% 6/20/2018 TTM 4/30/2018 1,597,737 1,015,244 582,494 12/31/2017 1,586,811 996,023 590,788 12/31/2016 1,589,000 993,645 595,355 N/A
38 Loan 14701 Philips Highway 18,810 921,690 6,750 22,500 892,440 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Dream Finders Homes LLC
39 Loan Walgreens & Sherwin Williams Plaza 237,423 718,441 981 3,924 713,536 100.0% 7/3/2018 TTM 5/31/2018 879,502 163,519 715,983 12/31/2017 859,126 155,257 703,869 12/31/2016 901,626 140,670 760,956 Walgreen Co.
40 Loan Hampton Inn - Provo 1,836,855 1,216,471 122,133 0 1,094,338 84.6% TTM 5/31/2018 TTM 5/31/2018 3,053,327 1,786,781 1,266,546 12/31/2017 3,096,744 1,819,412 1,277,333 12/31/2016 2,986,637 1,778,460 1,208,177 N/A
41 Loan Holiday Inn Houston SW – Sugar Land Area 2,784,954 1,222,778 160,309 0 1,062,469 60.6% TTM 5/31/2018 TTM 5/31/2018 4,027,187 2,597,294 1,429,892 12/31/2017 3,876,179 2,572,720 1,303,460 N/A N/A N/A N/A N/A
42 Loan St. Vrain MHC 279,323 649,836 6,800 0 643,036 99.3% 5/1/2018 TTM 4/30/2018 932,077 280,982 651,096 12/31/2017 907,468 284,777 622,691 12/31/2016 909,037 209,613 699,424 N/A
43 Loan Livonia Industrial II 332,504 743,948 22,288 37,147 684,513 100.0% 6/27/2018 12/31/2017 1,039,413 286,888 752,525 12/31/2016 949,369 268,216 681,153 12/31/2015 1,016,503 246,605 769,898 GST Autoleather Inc
44 Loan Holiday Inn Express - Sandy 1,750,421 903,501 106,157 0 797,344 74.2% TTM 5/31/2018 TTM 5/31/2018 2,653,921 1,750,693 903,228 12/31/2017 2,688,118 1,762,226 925,892 12/31/2016 2,380,329 1,577,615 802,714 N/A
45 Loan LA Fitness - Chandler AZ 22,155 716,337 12,000 27,480 676,858 100.0% 8/1/2018 TTM 5/31/2018 826,980 3,600 823,380 12/31/2017 826,980 3,600 823,380 12/31/2016 826,980 3,600 823,380 LA Fitness
46 Loan Holiday Inn Express - Savannah 1,518,928 880,255 95,967 0 784,287 65.3% TTM 6/30/2018 TTM 6/30/2018 2,399,182 1,504,071 895,111 12/31/2017 2,292,415 1,430,816 861,599 12/31/2015 2,593,166 2,098,939 494,227 N/A
47 Loan Gemstone MHC Portfolio 278,643 596,352 13,040 0 583,312 98.9% 6/19/2018 TTM 6/30/2018 911,078 265,892 645,186 12/31/2016 749,586 257,424 492,163 N/A N/A N/A N/A N/A
47.01 Property Harbor’s Edge 190,429 416,214 8,200 0 408,014 98.4% 6/19/2018 TTM 6/30/2018 626,689 188,619 438,070 12/31/2016 492,631 179,968 312,663 N/A N/A N/A N/A N/A
47.02 Property Gem Beach Estates 88,214 180,137 4,840 0 175,297 100.0% 6/19/2018 TTM 6/30/2018 284,389 77,273 207,116 12/31/2016 256,955 77,456 179,500 N/A N/A N/A N/A N/A
48 Loan Holiday Inn Express & Suites Jackson 1,127,260 908,279 81,422 0 826,858 77.3% 3/31/2018 TTM 3/31/2018 2,035,539 1,053,038 982,501 12/31/2017 2,035,393 1,049,847 985,546 12/31/2016 1,951,778 1,016,859 934,919 N/A
49 Loan 24 Hour Fitness - Mansfield 263,383 807,967 8,094 26,926 772,947 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 24 Hour Fitness USA, Inc.
50 Loan Crossroads Village 242,030 793,137 5,794 38,629 748,713 100.0% 6/1/2018 TTM 5/31/2018 975,188 174,177 801,011 12/31/2017 849,055 187,485 661,570 12/31/2016 544,746 194,017 350,729 Mariscos El Malecon
51 Loan Shorecliff Retail Center 198,439 562,564 3,759 12,530 546,275 92.5% 5/31/2018 TTM 5/31/2018 756,227 175,112 581,115 12/31/2017 652,009 143,246 508,763 12/31/2016 601,635 192,389 409,246 Salvation Army
52 Loan Holiday Inn Express - Port Richey 1,231,729 730,764 78,500 0 652,265 66.1% 7/2/2018 TTM 5/31/2018 1,962,493 1,226,820 735,673 12/31/2017 1,902,800 1,199,291 703,509 12/31/2016 1,690,830 1,130,736 560,094 N/A
53 Loan Liberty Business Park 141,844 625,104 8,423 33,692 582,990 100.0% 6/1/2018 12/31/2017 680,315 131,549 548,766 12/31/2016 696,551 137,966 558,585 12/31/2015 659,543 126,633 532,910 WorldPac
54 Loan Kensington Office Plaza 951,437 609,245 12,893 68,764 527,588 88.9% 5/23/2018 TTM 3/31/2018 1,406,737 994,732 412,005 12/31/2017 1,405,395 951,638 453,757 12/31/2016 1,432,233 965,783 466,450 Mizkan Americas, Inc.
55 Loan Hempstead Highway Industrial 195,526 517,381 13,385 40,155 463,841 100.0% 6/1/2018 TTM 3/31/2018 733,269 215,050 518,219 12/31/2017 732,330 200,027 532,303 12/31/2016 676,302 203,640 472,662 Andronaco/Flowcor Texas
56 Loan TD Bank Long Island City 15,360 452,644 0 0 452,644 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A TD Bank
57 Loan Walgreens & PDQ Retail Portfolio 18,041 498,799 2,807 0 495,992 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Various
57.01 Property Walgreens Naples 12,996 332,844 2,390 0 330,454 100.0% 8/1/2018 TTM 5/31/2018 345,840 0 345,840 12/31/2017 345,840 0 345,840 12/31/2016 345,840 0 345,840 Walgreens
57.02 Property PDQ Orlando 5,045 165,955 418 0 165,537 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A PDQ
58 Loan 24 Hour Fitness - Cedar Hill 297,996 540,843 4,835 22,477 513,532 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 24 Hour Fitness USA, Inc.
59 Loan Quality Inn - Florissant 1,151,478 579,413 69,236 0 510,177 60.2% TTM 4/30/2018 TTM 4/30/2018 1,730,890 1,158,108 572,782 12/31/2017 1,771,445 1,170,321 601,124 12/31/2016 1,730,932 1,164,587 566,345 N/A
60 Loan Greater American Self Storage 213,118 404,912 10,455 0 394,457 96.7% 2/5/2018 TTM 4/30/2018 550,360 207,370 342,990 12/31/2017 498,532 210,772 287,761 12/31/2016 417,264 208,254 209,010 N/A
61 Loan 2036 TC Jester 164,436 379,741 5,542 11,133 363,067 100.0% 6/1/2018 TTM 5/31/2018 284,989 155,362 129,627 12/31/2017 144,563 183,314 -38,751 12/31/2016 65,876 105,435 -39,559 King’s Biergarten
62 Loan Zavarella Industrial 175,101 366,162 8,765 23,120 334,278 100.0% 6/30/2018 12/31/2017 472,692 145,512 327,180 12/31/2016 459,045 130,113 328,932 12/31/2015 402,706 127,636 275,070 Gino’s Awards, Inc.
63 Loan 42 Corporate Park 181,129 295,140 3,786 18,929 272,426 100.0% 6/1/2018 12/31/2017 440,110 179,682 260,428 12/31/2016 357,140 168,007 189,133 12/31/2015 412,440 170,369 242,071 DKN Hotels, LLC
64 Loan Dollar General Wonder Lake 2,635 85,183 1,365 0 83,818 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A DG - Wonder Lake, IL
65 Loan Dollar General Moscow Mills 2,596 83,930 1,365 0 82,565 100.0% 8/1/2018 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A Dollar General

 

A-1-4

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Largest Tenant Sq. Ft. Largest Tenant % of NRA Largest Tenant Exp. Date(2) Second Largest Tenant Name(10)(12)(30) Second Largest Tenant Sq. Ft. Second Largest Tenant % of NRA Second Largest Tenant Exp. Date(2) Third Largest Tenant Name(10)(12) Third Largest Tenant Sq. Ft. Third Largest Tenant % of NRA Third Largest Tenant Exp. Date(2) Fourth Largest Tenant Name(10)(12) Fourth Largest Tenant Sq. Ft. Fourth Largest Tenant % of NRA Fourth Largest Tenant Exp. Date(2) Fifth Largest Tenant Name(10) Fifth Largest Tenant Sq. Ft. Fifth Largest Tenant % of NRA
1 Loan Wyvernwood Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
2 Loan Riverfront Plaza 238,176 25.1% 6/30/2025 Branch Banking & Trust Company 141,167 14.9% 8/31/2025 Owens & Minor Medical Inc. 85,746 9.0% 6/30/2028 ICMA Retirement Corporation 55,491 5.8% 5/31/2033 Private Advisors, LLC 23,626 2.5%
3 Loan Riverwalk 78,410 12.4% 3/1/2019  Partners Community Healthcare 48,892 7.8% 11/1/2019  Home Health VNA 34,252 5.4% 10/15/2025  Jaybird & Mais 33,786 5.4% 12/1/2021  Select One Construction 31,000 4.9%
4 Loan 139 Ludlow Street 21,912 100.0% 4/25/2041 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
5 Loan Aspect RHG Hotel Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
5.01 Property Hilton Garden Inn Nashville Smyrna N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
5.02 Property Aloft Hotel Broomfield N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
5.03 Property Hampton Inn Nashville Smyrna N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
5.04 Property Hyatt Place Phoenix North N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
6 Loan 20 Times Square N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
7 Loan Savi Ranch Center 50,000 31.1% 6/30/2021 Bed Bath & Beyond 43,000 26.7% 1/31/2022 Michaels 23,923 14.9% 9/30/2023 Home Consignment Center 12,961 8.1% 1/31/2021 Thomasville Home Furnishings 12,289 7.6%
8 Loan Spotsylvania Crossing 90,912 35.4% 8/31/2027 Gabe’s 56,000 21.8% 8/31/2024 Value City Furniture 50,000 19.5% 2/28/2021 Northern Tool & Equipment 15,295 6.0% 2/29/2024 Kool Smiles 7,100 2.8%
9 Loan Copeland Tower & Stadium Place 50,412 23.9% 10/31/2022 State of Texas 46,239 21.9% 9/30/2021 Northstar Energy Services 10,858 5.1% 9/30/2020 Ennova Learning Solutions 10,838 5.1% 5/31/2022 RSI International, Inc 10,379 4.9%
10 Loan Somerset Financial Center 191,000 83.0% 1/31/2030 Master Lease 39,000 17.0% 12/31/2021 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
11 Loan One Northwestern Plaza 31,529 13.2% 4/30/2028 Foster Swift Collins & Smith 23,381 9.8% 5/31/2027 America Group 13,100 5.5% 12/31/2021 John Hancock 12,711 5.3% 6/30/2023 Stifel 11,130 4.7%
12 Loan Holiday Inn & Suites - Chattanooga N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
13 Loan Smithridge Plaza 35,086 33.2% 10/31/2027 Trader Joe’s Company 13,442 12.7% 10/31/2022 Plato’s Closet 6,448 6.1% 1/31/2024 Gordon’s Photo Services 4,800 4.5% 6/30/2019 Pet Station 3,080 2.9%
14 Loan Miami Airport Industrial Portfolio 211,852 100.0% 9/30/2029 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
14.01 Property Sky Chefs 3500 NW 24th Street 151,383 100.0% 9/30/2029 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
14.02 Property Sky Chefs 3630 NW 25th Street 60,469 100.0% 9/30/2029 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
15 Loan River Place Apartments N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
16 Loan Conway Commons 88,248 24.5% 1/31/2024 T.J. Maxx 50,000 13.9% 9/30/2019 Dick’s 43,466 12.1% 1/31/2027 Staples 20,390 5.7% 2/28/2019 Petsmart 20,087 5.6%
17 Loan Courtyard Marriott New Braunfels N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
18 Loan Holiday Inn - Matteson N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
19 Loan Canyon & Western Business Park 5,810 1.6% 8/31/2018 BOOKER TRANSPORTAION 5,100 1.4% 11/30/2018 DOUBLE S AUCTIONS 4,700 1.3% 2/28/2019 MANUEL GARCIA 4,630 1.3% 10/31/2018 AMERICAN SITE BUILDERS 4,550 1.3%
20 Loan Chatham Glen N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
21 Loan Kjellberg MHP N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
22 Loan Warner Courtyards 60,103 52.7% 4/30/2028 CEC Educational Services 25,190 22.1% 10/31/2027 Global Lending Services 15,749 13.8% 5/31/2023 Yokowo America Corporation 3,118 2.7% 5/31/2022 Craig W. Penrod 3,059 2.7%
23 Loan Windsor Village N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
24 Loan Staybridge Suites Austin N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
25 Loan HMS - WSS Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
25.01 Property WoodSpring Suites - Savannah N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
25.02 Property WoodSpring Suites - Madison N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
25.03 Property Value Place - Huntsville N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
26 Loan 160th Street and Prospect Avenue Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
26.01 Property 160th Street N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
26.02 Property Prospect Avenue N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
27 Loan Sunflower MHC N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
28 Loan Longview Plaza 30,000 19.6% 1/31/2020 TJ Maxx 30,000 19.6% 4/30/2020 Bed Bath & Beyond 24,960 16.3% 1/31/2023 Office Depot 23,700 15.5% 3/31/2028 Michaels 23,600 15.4%
29 Loan Charleston Tower 57,977 65.4% 8/31/2023 PHC of Nevada 9,191 10.4% 5/31/2023 Perry & Westbrook 3,103 3.5% 7/31/2021 Dr. Michel Daccache 3,092 3.5% 3/31/2029 PME Medical Services 2,883 3.2%
30 Loan Bank of America Center 82,573 16.5% 6/30/2022  DEQ 82,553 16.5% 4/30/2028  Virginia Retirement System 68,356 13.6% 6/30/2024  Sands Anderson Marks & Miller 40,223 8.0% 1/31/2024  McCandlish Holton 33,822 6.7%
31 Loan 175 Park Avenue 270,000 100.0% 12/31/2029 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
32 Loan Manchester Highlands 217,800 61.6% 8/20/2029 Best Buy Stores, L.P 44,852 12.7% 1/31/2024 Bed Bath & Beyond Inc 35,000 9.9% 1/31/2019 Petsmart, Inc 27,286 7.7% 1/31/2024 Ulta Salon, Cosmetics & Fragrance, Inc. 10,172 2.9%
33 Loan 11 S. LaSalle Street 4,270 32.7% 3/31/2028 Roanoke 3,875 29.7% 11/30/2030 7-Eleven 2,740 21.0% 12/31/2030 T-Mobile Central, LLC 1,277 9.8% 1/31/2019 N/A N/A N/A
34 Loan Pelican Walk 6,300 16.4% 4/30/2021 Clearwater Beach Fitness, LLC 4,983 13.0% 12/31/2018 Maui Nix, Inc 3,478 9.1% 3/31/2020 The Hub & Simms Center 2,450 6.4% 11/30/2020 Sharmaine’s Salon and Day Spa 2,400 6.3%
35 Loan 5th Street Station 121,712 26.9% 11/30/2036 Field & Stream 50,302 11.1% 1/31/2027 Dick’s Sporting Goods, Inc. 50,019 11.1% 1/31/2029 Haverty Furniture Companies, Inc. 34,449 7.6% 10/31/2026 Alamo Drafthouse Cinema Charlottesville, LLC 33,765 7.5%
36 Loan 7-9 Vreeland Road 98,246 63.0% 8/31/2021 Capintec, Inc. 41,000 26.3% 1/31/2029 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
37 Loan Seaside Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
37.01 Property River Inn at Seaside N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
37.02 Property Inn at Seaside N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
38 Loan 14701 Philips Highway 45,000 100.0% 5/31/2033 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
39 Loan Walgreens & Sherwin Williams Plaza 14,820 75.5% 8/31/2036 The Sherwin-Williams Company 4,800 24.5% 5/31/2028 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
40 Loan Hampton Inn - Provo N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
41 Loan Holiday Inn Houston SW – Sugar Land Area N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
42 Loan St. Vrain MHC N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
43 Loan Livonia Industrial II 32,444 21.8% 8/31/2022 Armor-Eckrich Meats 23,270 15.7% 11/30/2022 Linecare Inc 20,772 14.0% 12/31/2020 Bright House Networks 19,700 13.3% 7/31/2020 Batesville Casket Co 19,600 13.2%
44 Loan Holiday Inn Express - Sandy N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
45 Loan LA Fitness - Chandler AZ 60,000 100.0% 6/30/2038 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
46 Loan Holiday Inn Express - Savannah N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
47 Loan Gemstone MHC Portfolio N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
47.01 Property Harbor’s Edge N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
47.02 Property Gem Beach Estates N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
48 Loan Holiday Inn Express & Suites Jackson N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
49 Loan 24 Hour Fitness - Mansfield 42,600 100.0% 5/31/2033 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
50 Loan Crossroads Village 7,748 20.1% 6/30/2027 Al Dente d/b/a Empire Restaurant & Lounge 5,968 15.4% 7/31/2027 La Costilla Steak & Ribs 3,220 8.3% 6/30/2027 Getaneh Bitew d/b/a Lions Restaurant & Lounge 3,218 8.3% 6/30/2020 Odaly’s Bakery 2,430 6.3%
51 Loan Shorecliff Retail Center 11,633 46.4% 6/30/2024 Department of General Services 8,125 32.4% 8/31/2025 Greater Good Foods, LLC 1,400 5.6% 4/30/2023 Zaki Ahmadi 713 2.8% 8/31/2021 Women’s Apparel 670 2.7%
52 Loan Holiday Inn Express - Port Richey N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
53 Loan Liberty Business Park 31,924 37.9% 8/31/2019 The Factory Depot Advantages 21,445 25.5% 9/30/2019 Schilling Graphics 15,864 18.8% 5/31/2022 Pneumatic Scale Angelus 14,996 17.8% 11/30/2025 N/A N/A N/A
54 Loan Kensington Office Plaza 53,995 62.8% 11/30/2028 First Industrial Realty Trust, Inc. 7,847 9.1% 5/6/2023 Riley Construction Company, Inc. 7,186 8.4% 9/30/2023 Magnetar Capital 3,860 4.5% 5/31/2025 Elite Dental Partners, LLC 2,548 3.0%
55 Loan Hempstead Highway Industrial 20,000 14.9% 2/28/2020 Glass Worx of Houston 15,000 11.2% 1/31/2022 SPF Events 10,000 7.5% 12/31/2019 Veneziano Surface Solutions/GraniteGranite 9,800 7.3% 10/31/2018 Core Serv 8,750 6.5%
56 Loan TD Bank Long Island City 4,800 100.0% 9/30/2032 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
57 Loan Walgreens & PDQ Retail Portfolio Various 100.0% Various N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
57.01 Property Walgreens Naples 15,930 100.0% 7/31/2060 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
57.02 Property PDQ Orlando 2,784 100.0% 6/24/2033 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
58 Loan 24 Hour Fitness - Cedar Hill 32,231 100.0% 6/30/2033 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
59 Loan Quality Inn - Florissant N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
60 Loan Greater American Self Storage N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
61 Loan 2036 TC Jester 6,090 34.1% 8/31/2027 iCycle Texas 5,014 28.0% 12/22/2022 Tea & Victory 3,341 18.7% 5/2/2027 King’s Kolache 2,164 12.1% 1/1/2028 Ashleycakes 1,267 7.1%
62 Loan Zavarella Industrial 37,676 64.5% 5/31/2033 Famous Enterprises, Inc. 11,123 19.0% 6/30/2020 Gino’s Jewelers, Inc. 4,203 7.2% 8/31/2021 Complete Appliance Service, Inc. 3,800 6.5% 3/31/2022 The PGA of America, Inc., Northern Ohio Section 1,628 2.8%
63 Loan 42 Corporate Park 9,357 49.4% 2/29/2020 Aeronet Worldwide Corp. 5,997 31.7% 11/30/2020 Murex Environmental, Inc. 2,238 11.8% 6/30/2020 KAZ ISO International, Inc. 1,337 7.1% 9/30/2020 N/A N/A N/A
64 Loan Dollar General Wonder Lake 9,100 100.0% 7/31/2032 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
65 Loan Dollar General Moscow Mills 9,100 100.0% 2/28/2033 N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

 

A-1-5

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Fifth Largest Tenant Exp. Date(2) Engineering Report Date Environmental Report Date (Phase I)(17)(18) Environmental Report Date (Phase II)(17)(18) Seismic Report Date Seismic PML % Loan Purpose Engineering Reserve / Deferred Maintenance Initial Tax Reserve Monthly Tax Reserve(24) Initial Insurance Reserve Monthly Insurance Reserve(24) Initial Replacement Reserve Monthly Replacement Reserve(14)(16)(24) Replacement Reserve Cap(31) Initial TI/LC Reserve Monthly TI/LC Reserve(24)(32) TI/LC Reserve Cap(24)
1 Loan Wyvernwood Apartments N/A 5/29/2018 5/30/2018 N/A 5/30/2018 15.0% Refinance 821,100 119,873 46,105       31,333 N/A     N/A
2 Loan Riverfront Plaza 2/29/2024 2/15/2018 2/14/2018 N/A N/A N/A Refinance 14,300 1,083,451 180,575 29,174     11,873 N/A 3,000,000   N/A
3 Loan Riverwalk 4/30/2033 4/26/2018 4/26/2018 N/A N/A N/A Refinance           270,000   270,000 2,000,000   1,200,000
4 Loan 139 Ludlow Street N/A 9/11/2017 9/11/2017 N/A N/A N/A Refinance   23,679 23,679 18,708 2,079   274 N/A     N/A
5 Loan Aspect RHG Hotel Portfolio N/A Various Various N/A N/A N/A Acquisition   200,000 79,631 50,000   14,970 14,970 N/A     N/A
5.01 Property Hilton Garden Inn Nashville Smyrna N/A 6/25/2018 6/22/2018 N/A N/A N/A                        
5.02 Property Aloft Hotel Broomfield N/A 6/22/2018 6/22/2018 N/A N/A N/A                        
5.03 Property Hampton Inn Nashville Smyrna N/A 6/25/2018 6/25/2018 N/A N/A N/A                        
5.04 Property Hyatt Place Phoenix North N/A 6/25/2018 6/22/2018 N/A N/A N/A                        
6 Loan 20 Times Square N/A 2/8/2018 12/12/2017 N/A N/A N/A Acquisition               N/A     N/A
7 Loan Savi Ranch Center 6/30/2021 4/26/2018 4/26/2018 N/A 4/26/2018 11.0% Acquisition 450,000 158,475 34,451 11,022 4,239   2,144 160,773   12,728 350,000
8 Loan Spotsylvania Crossing 8/31/2023 4/27/2018 5/15/2018 N/A N/A N/A Acquisition 18,125 39,850 15,327 8,752 3,366   2,140 200,000   10,698 N/A
9 Loan Copeland Tower & Stadium Place 9/30/2023 6/15/2018 6/15/2018 N/A N/A N/A Refinance   282,415 35,302 25,763 8,588   3,516 N/A 800,000 17,580 1,250,000
10 Loan Somerset Financial Center N/A 4/2/2018 6/8/2018 N/A N/A N/A Acquisition 30,475 124,096 39,395 19,081 3,635   3,833 230,000 2,500,000   N/A
11 Loan One Northwestern Plaza 8/31/2027 6/27/2018 6/28/2018 N/A N/A N/A Refinance   106,027 53,013 30,875 4,411   5,000 N/A   19,865 N/A
12 Loan Holiday Inn & Suites - Chattanooga N/A 6/6/2018 6/7/2018 N/A N/A N/A Refinance   185,711 24,436 32,932 3,107   20,418 N/A     N/A
13 Loan Smithridge Plaza 9/30/2021 2/26/2018 2/26/2018 N/A 2/26/2018 11.0% Acquisition 50,000 46,436 9,287 32,919 2,743   1,320 N/A   8,800 316,782
14 Loan Miami Airport Industrial Portfolio N/A 5/1/2018 5/1/2018 N/A N/A N/A Acquisition 5,375 140,004 17,501 1,944 1,215     N/A 600,000   N/A
14.01 Property Sky Chefs 3500 NW 24th Street N/A 5/1/2018 5/1/2018 N/A N/A N/A                        
14.02 Property Sky Chefs 3630 NW 25th Street N/A 5/1/2018 5/1/2018 N/A N/A N/A                        
15 Loan River Place Apartments N/A 6/6/2018 6/1/2018 N/A N/A N/A Refinance   70,714 44,196 81,686     6,229 N/A     N/A
16 Loan Conway Commons 1/31/2020 7/9/2018 7/9/2018 N/A N/A N/A Refinance               N/A     899,987
17 Loan Courtyard Marriott New Braunfels N/A 6/4/2018 6/1/2018 N/A N/A N/A Refinance   185,345 23,168 28,886 5,777   4,987 N/A     N/A
18 Loan Holiday Inn - Matteson N/A 7/19/2018 3/15/2018 N/A N/A N/A Refinance 433,039 67,877 42,423 23,343 6,304   12,423 N/A     N/A
19 Loan Canyon & Western Business Park 8/31/2018 5/31/2018 5/30/2018 N/A N/A N/A Refinance 46,763 148,483 18,560 37,783 3,890   4,489 161,593 175,000   175,000
20 Loan Chatham Glen N/A 6/7/2018 6/5/2018 N/A N/A N/A Refinance   50,600 16,867 8,391 1,049   1,917 N/A     N/A
21 Loan Kjellberg MHP N/A 6/13/2018 5/22/2018 N/A N/A N/A Refinance 3,688 22,536 5,634 12,645 1,150   1,342 N/A     N/A
22 Loan Warner Courtyards 6/30/2019 4/24/2018 5/15/2018 N/A N/A N/A Acquisition 158,313 91,329 19,854 4,273 1,643     85,541     342,162
23 Loan Windsor Village N/A 6/19/2018 6/19/2018 N/A N/A N/A Refinance 298,531 53,202 6,186 42,963 11,934   9,075 N/A     N/A
24 Loan Staybridge Suites Austin N/A 6/12/2018 6/12/2018 N/A N/A N/A Refinance   178,562 25,509 7,099 3,550   3,231 N/A     N/A
25 Loan HMS - WSS Portfolio N/A Various Various N/A N/A N/A Refinance 10,375 51,990 5,416 26,583 4,747   13,327 N/A     N/A
25.01 Property WoodSpring Suites - Savannah N/A 7/9/2018 7/2/2018 N/A N/A N/A                        
25.02 Property WoodSpring Suites - Madison N/A 7/10/2018 7/3/2018 N/A N/A N/A                        
25.03 Property Value Place - Huntsville N/A 7/10/2018 7/3/2018 N/A N/A N/A                        
26 Loan 160th Street and Prospect Avenue Portfolio N/A Various 6/18/2018 N/A N/A N/A Refinance   2,906 1,453 30,992 2,384   773 N/A     N/A
26.01 Property 160th Street N/A 6/8/2018 6/18/2018 N/A N/A N/A                        
26.02 Property Prospect Avenue N/A 6/7/2018 6/18/2018 N/A N/A N/A                        
27 Loan Sunflower MHC N/A 3/13/2018 3/15/2018 N/A N/A N/A Refinance 4,063 2,488 1,244 2,536 845   792 N/A     N/A
28 Loan Longview Plaza 2/28/2029 5/22/2018 5/18/2018 N/A N/A N/A Refinance 306,063 157,013 24,923 31,259     1,277 N/A 600,000 12,772 N/A
29 Loan Charleston Tower 4/30/2023 5/9/2018 5/9/2018 N/A N/A N/A Acquisition 94,500 22,917 4,912 2,014 1,259   1,478 N/A   7,392 N/A
30 Loan Bank of America Center 4/30/2026 5/24/2018 6/19/2018 N/A N/A N/A Refinance   105,000 52,500 115,033 10,458   4,178 N/A 1,525,000   N/A
31 Loan 175 Park Avenue N/A 4/6/2018 4/6/2018 N/A N/A N/A Refinance 6,133 115,000 115,000     162,000   162,000 675,000   675,000
32 Loan Manchester Highlands 11/30/2018 2/16/2018 2/14/2018 N/A N/A N/A Refinance               N/A     N/A
33 Loan 11 S. LaSalle Street N/A 6/4/2018 5/30/2018 N/A N/A N/A Acquisition     6,199 3,237 405   218 7,837 75,000   50,000
34 Loan Pelican Walk 1/31/2020 6/17/2018 6/15/2018 N/A N/A N/A Acquisition   129,639 12,964 15,929 7,695   511 N/A 250,000   250,000
35 Loan 5th Street Station 7/31/2032 2/22/2018 2/23/2018 N/A N/A N/A Refinance   76,635 76,635 84,914     7,529 271,036   22,586 813,109
36 Loan 7-9 Vreeland Road N/A 5/31/2018 6/11/2018 N/A N/A N/A Acquisition 25,488         548,300   N/A   5,196 187,069
37 Loan Seaside Portfolio N/A 6/6/2018 Various N/A Various Various Refinance   47,942 4,794 8,842 2,210   8,729 N/A     N/A
37.01 Property River Inn at Seaside N/A 6/6/2018 6/7/2018 N/A 6/1/2018 2.0%                        
37.02 Property Inn at Seaside N/A 6/6/2018 6/8/2018 N/A 6/5/2018 3.0%                        
38 Loan 14701 Philips Highway N/A 5/18/2018 5/18/2018 N/A N/A N/A Acquisition       3,282 1,641 67,500   N/A 225,000   N/A
39 Loan Walgreens & Sherwin Williams Plaza N/A 6/21/2018 6/19/2018 N/A N/A N/A Refinance     9,470 6,335 792   82 1,962     N/A
40 Loan Hampton Inn - Provo N/A 5/29/2018 5/30/2018 N/A 5/30/2018 5.0% Acquisition 12,438 39,842 4,150 5,204 2,002   10,178 N/A     N/A
41 Loan Holiday Inn Houston SW – Sugar Land Area N/A 5/14/2018 5/15/2018 N/A N/A N/A Refinance 3,750 144,466 19,655 13,130 12,504   13,359 N/A     N/A
42 Loan St. Vrain MHC N/A 5/14/2018 5/16/2018 N/A N/A N/A Refinance 32,620 5,247 5,247 1,333 444   567 N/A     N/A
43 Loan Livonia Industrial II 5/31/2019 5/31/2018 6/6/2018 N/A N/A N/A Acquisition   85,028 12,147 6,574 2,191   1,858 N/A   3,095 200,000
44 Loan Holiday Inn Express - Sandy N/A 5/30/2018 5/30/2018 N/A 5/30/2018 5.0% Acquisition 22,188 58,908 6,850 2,618 1,007   8,846 N/A     N/A
45 Loan LA Fitness - Chandler AZ N/A 6/19/2018 6/19/2018 N/A N/A N/A Refinance               N/A 300,000   N/A
46 Loan Holiday Inn Express - Savannah N/A 5/15/2018 5/17/2018 N/A N/A N/A Refinance   27,451 8,972 14,120 5,431     N/A     N/A
47 Loan Gemstone MHC Portfolio N/A Various Various N/A N/A N/A Acquisition/Refinance 4,969 10,061 4,791 4,580 2,181   1,083 N/A     N/A
47.01 Property Harbor’s Edge N/A 6/25/2018 6/25/2018 N/A N/A N/A                        
47.02 Property Gem Beach Estates N/A 6/6/2018 6/4/2018 N/A N/A N/A                        
48 Loan Holiday Inn Express & Suites Jackson N/A 4/18/2018 4/4/2018 N/A 4/3/2018 3.0% Refinance   30,028 3,754 5,114 1,705   4.0% of actual rents for the prior month N/A     N/A
49 Loan 24 Hour Fitness - Mansfield N/A 4/17/2018 4/17/2018 N/A N/A N/A Acquisition 15,000 112,243 14,769 7,230 951   675 N/A   1,775 N/A
50 Loan Crossroads Village 11/30/2021 6/7/2018 6/7/2018 N/A N/A N/A Acquisition 7,800 96,000 8,000 1,608 804   483 N/A   3,219 N/A
51 Loan Shorecliff Retail Center 10/31/2021 5/1/2018 5/1/2018 N/A 4/30/2018 11.0% Refinance 14,400 12,972 1,707 13,088     314 N/A   732 80,000
52 Loan Holiday Inn Express - Port Richey N/A 5/22/2018 5/22/2018 N/A N/A N/A Refinance 20,206 25,552 4,259 16,715 4,179   6,542 N/A     N/A
53 Loan Liberty Business Park N/A 5/24/2018 5/24/2018 N/A 5/24/2018 18.0% Refinance               N/A     N/A
54 Loan Kensington Office Plaza 12/31/2020 4/26/2018 4/25/2018 N/A N/A N/A Acquisition   240,859 40,143 2,725 1,363   1,074 N/A   5,729 N/A
55 Loan Hempstead Highway Industrial 11/30/2018 5/29/2018 5/29/2018 N/A N/A N/A Acquisition   72,254 9,032 20,830 1,602   1,115 N/A   2,789 66,925
56 Loan TD Bank Long Island City N/A 6/8/2018 6/6/2018 N/A N/A N/A Recapitalization       6,000       N/A     N/A
57 Loan Walgreens & PDQ Retail Portfolio N/A Various Various N/A N/A N/A Acquisition   6,344 Springing 3,157 1,503   312 N/A     N/A
57.01 Property Walgreens Naples N/A 4/3/2018 4/3/2018 N/A N/A N/A                        
57.02 Property PDQ Orlando N/A 6/19/2018 3/30/2018 N/A N/A N/A                        
58 Loan 24 Hour Fitness - Cedar Hill N/A 4/17/2018 4/17/2018 N/A N/A N/A Recapitalization   147,308 19,383 5,072 667   403 N/A   1,343 N/A
59 Loan Quality Inn - Florissant N/A 5/24/2018 5/24/2018 N/A N/A N/A Refinance 41,394 94,699 10,117 29,248 3,275   5,770 N/A     N/A
60 Loan Greater American Self Storage N/A 2/22/2018 2/22/2018 N/A 3/15/2018 9.0% Refinance   33,908 4,844 5,065 390   871 N/A     N/A
61 Loan 2036 TC Jester 1/28/2023 5/30/2018 5/30/2018 N/A N/A N/A Refinance 65,742 64,576 7,509 25,128 3,306   298 N/A 100,000   100,000
62 Loan Zavarella Industrial 3/31/2021 6/14/2018 6/14/2018 N/A N/A N/A Refinance 73,255 19,938 9,969 9,754 1,626   730 N/A   2,435 N/A
63 Loan 42 Corporate Park N/A 5/24/2018 5/24/2018 N/A 5/24/2018 17.0% Refinance               N/A     N/A
64 Loan Dollar General Wonder Lake N/A 8/5/2017 8/8/2017 N/A N/A N/A Acquisition   4,000 333         N/A     N/A
65 Loan Dollar General Moscow Mills N/A 2/13/2018 2/16/2018 N/A N/A N/A Acquisition   4,000 333         N/A     N/A

 

A-1-6

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Other Reserve Reserve Description(4)(13)(15)(25) Initial Other Reserve(4)(13)(15)(25) Monthly Other Reserve(15)(25) Other Reserve Cap(15) Ownership Interest(7)(8)
1 Loan Wyvernwood Apartments N/A     N/A Fee Simple
2 Loan Riverfront Plaza Free Rent Reserve ($55,264); Initial TI/LC Reserve ($7,548,734) 7,603,998   N/A Fee Simple
3 Loan Riverwalk Free Rent Reserve 124,344   N/A Fee Simple
4 Loan 139 Ludlow Street N/A     N/A Fee Simple
5 Loan Aspect RHG Hotel Portfolio PIP Reserve ($5,352,135); Liquor License Reserve ($24,000) 5,376,135 24,000 N/A Fee Simple
5.01 Property Hilton Garden Inn Nashville Smyrna         Fee Simple
5.02 Property Aloft Hotel Broomfield         Fee Simple
5.03 Property Hampton Inn Nashville Smyrna         Fee Simple
5.04 Property Hyatt Place Phoenix North         Fee Simple
6 Loan 20 Times Square N/A     N/A Fee Simple
7 Loan Savi Ranch Center N/A     N/A Fee Simple
8 Loan Spotsylvania Crossing Unfunded Obligations Funds 156,255   N/A Fee Simple
9 Loan Copeland Tower & Stadium Place Ennova TI Reserve: Funds to be released to borrower for amounts paid or incurred in connection with the Ennova TI work. 58,341   N/A Fee Simple
10 Loan Somerset Financial Center N/A     N/A Fee Simple
11 Loan One Northwestern Plaza Outstanding TI / Free Rent 906,726 15,914 N/A Fee Simple / Leasehold
12 Loan Holiday Inn & Suites - Chattanooga Seasonality Reserve ($280,000) 280,000   N/A Fee Simple / Leasehold
13 Loan Smithridge Plaza Outstanding TI/LC Reserve 236,016   Primary Tenant Reserve Cap $1,213,200 Fee Simple
14 Loan Miami Airport Industrial Portfolio Ground Rent Reserve ($50,000); Sales Tax Reserve ($15,776) 65,776 65,776 N/A Leasehold
14.01 Property Sky Chefs 3500 NW 24th Street         Leasehold
14.02 Property Sky Chefs 3630 NW 25th Street         Leasehold
15 Loan River Place Apartments 2017 RE Tax Account 498,643   N/A Fee Simple
16 Loan Conway Commons N/A     N/A Fee Simple
17 Loan Courtyard Marriott New Braunfels N/A     N/A Fee Simple
18 Loan Holiday Inn - Matteson PIP Funds 1,725,000   N/A Fee Simple
19 Loan Canyon & Western Business Park N/A     N/A Fee Simple
20 Loan Chatham Glen Property Work Reserve 300,000   N/A Fee Simple
21 Loan Kjellberg MHP N/A     N/A Fee Simple
22 Loan Warner Courtyards Unfunded Tenant Obligations 398,265   N/A Fee Simple
23 Loan Windsor Village N/A     N/A Fee Simple
24 Loan Staybridge Suites Austin N/A     N/A Fee Simple
25 Loan HMS - WSS Portfolio Replacement Comfort Letter Reserve ($8,000); PIP Funds ($48,906.50) 56,907   N/A Fee Simple
25.01 Property WoodSpring Suites - Savannah         Fee Simple
25.02 Property WoodSpring Suites - Madison         Fee Simple
25.03 Property Value Place - Huntsville         Fee Simple
26 Loan 160th Street and Prospect Avenue Portfolio N/A     N/A Fee Simple
26.01 Property 160th Street         Fee Simple
26.02 Property Prospect Avenue         Fee Simple
27 Loan Sunflower MHC N/A     N/A Fee Simple
28 Loan Longview Plaza N/A     N/A Fee Simple
29 Loan Charleston Tower Unfunded Tenant Obligations 107,700 17,953 N/A Fee Simple
30 Loan Bank of America Center Bank of America Reserve (Upfront: $4,091,878); Specified Tenant Free Rent Reserve (Upfront: $850,305); Specified Tenant Leasing Commissions Reserve (Upfront: $305,413); Specified Tenant TI Allowance Reserve (Upfront: $843,187) 6,090,783   N/A Fee Simple
31 Loan 175 Park Avenue Rent Abatement Reserve (Upfront: $1,788,075) 1,788,075   N/A Fee Simple
32 Loan Manchester Highlands N/A     N/A Fee Simple
33 Loan 11 S. LaSalle Street N/A     N/A Fee Simple
34 Loan Pelican Walk N/A     N/A Fee Simple
35 Loan 5th Street Station Rent Concession Reserve ($510,771.69); Unfunded Obligations Reserve ($633,525.71); Holdback Reserve Fund ($7,500,000) 8,644,297   N/A Fee Simple
36 Loan 7-9 Vreeland Road Approved Leasing Expenses 491,230   N/A Fee Simple
37 Loan Seaside Portfolio Seasonality Reserve 380,000   N/A Fee Simple
37.01 Property River Inn at Seaside         Fee Simple
37.02 Property Inn at Seaside         Fee Simple
38 Loan 14701 Philips Highway N/A     N/A Fee Simple
39 Loan Walgreens & Sherwin Williams Plaza N/A     N/A Fee Simple
40 Loan Hampton Inn - Provo Initial PIP Reserve 920,000 16,000 N/A Fee Simple
41 Loan Holiday Inn Houston SW – Sugar Land Area N/A   24,952 N/A Fee Simple
42 Loan St. Vrain MHC N/A     N/A Fee Simple
43 Loan Livonia Industrial II N/A     N/A Fee Simple
44 Loan Holiday Inn Express - Sandy Initial PIP Reserve ($1,550,000); Seasonality Reserve ($45,000) 1,595,000 15,000 N/A Fee Simple
45 Loan LA Fitness - Chandler AZ N/A     N/A Fee Simple
46 Loan Holiday Inn Express - Savannah N/A   12,500 N/A Fee Simple
47 Loan Gemstone MHC Portfolio Prepaid Rents Reserve 276,787   N/A Fee Simple
47.01 Property Harbor’s Edge         Fee Simple
47.02 Property Gem Beach Estates         Fee Simple
48 Loan Holiday Inn Express & Suites Jackson PIP Reserve ($800,000); Seasonal Reserve ($48,568.17) 848,568   N/A Fee Simple
49 Loan 24 Hour Fitness - Mansfield Pool Restoration Reserve 25,000   N/A Fee Simple
50 Loan Crossroads Village N/A     N/A Fee Simple
51 Loan Shorecliff Retail Center N/A     Unfunded Obligations Funds ($125,000) Fee Simple
52 Loan Holiday Inn Express - Port Richey PIP Reserve ($1,396,747); Seasonality Reserve ($35,000) 1,431,747   Seasonality Reserve ($70,000) Fee Simple
53 Loan Liberty Business Park Free Rent Reserve: $59,984; Pneumatic TI Reserve: $147,000 206,984   N/A Fee Simple
54 Loan Kensington Office Plaza Free Rent Reserve 661,270   N/A Fee Simple
55 Loan Hempstead Highway Industrial N/A     N/A Fee Simple
56 Loan TD Bank Long Island City N/A     N/A Fee Simple
57 Loan Walgreens & PDQ Retail Portfolio N/A     N/A Fee Simple
57.01 Property Walgreens Naples         Fee Simple
57.02 Property PDQ Orlando         Fee Simple
58 Loan 24 Hour Fitness - Cedar Hill N/A     N/A Fee Simple
59 Loan Quality Inn - Florissant Comfort Letter Reserve Funds 2,000   N/A Fee Simple
60 Loan Greater American Self Storage N/A     N/A Fee Simple
61 Loan 2036 TC Jester Egghaus Reserve Funds 100,000   N/A Fee Simple
62 Loan Zavarella Industrial N/A     N/A Fee Simple
63 Loan 42 Corporate Park N/A     N/A Fee Simple
64 Loan Dollar General Wonder Lake N/A     N/A Fee Simple
65 Loan Dollar General Moscow Mills N/A     N/A Fee Simple

 

A-1-7

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Ground Lease Initial Expiration Date(8) Ground Lease Extension Options(8) Lockbox Cash Management(26) Cut-off Date Pari Passu Mortgage Debt Balance Cut-off Date Subord. Mortgage Debt Balance Total Mortgage Debt Cut-off Date LTV Ratio(13) Total Mortgage Debt UW NCF DSCR Total Mortgage Debt UW NOI Debt Yield Cut-off Date Mezzanine Debt Balance(19) Total Debt Cut-off Date LTV Ratio Total Debt UW NCF DSCR(22)(23) Total Debt UW NOI Debt Yield Future Secured Subordinate Debt (Y/N) Conditions for Future Secured Subordinate Debt
1 Loan Wyvernwood Apartments N/A N/A Soft Springing 28,000,000 N/A N/A N/A N/A 77,000,000 75.6% 1.27 6.9% No N/A
2 Loan Riverfront Plaza N/A N/A Hard In Place 95,735,492 N/A N/A N/A N/A 24,931,118 84.9% 1.13 8.5% No N/A
3 Loan Riverwalk N/A N/A Springing Springing 35,700,000 N/A N/A N/A N/A N/A N/A N/A N/A No N/A
4 Loan 139 Ludlow Street N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
5 Loan Aspect RHG Hotel Portfolio N/A N/A Hard Springing 12,700,000 N/A N/A N/A N/A N/A N/A N/A N/A No N/A
5.01 Property Hilton Garden Inn Nashville Smyrna N/A N/A                          
5.02 Property Aloft Hotel Broomfield N/A N/A                          
5.03 Property Hampton Inn Nashville Smyrna N/A N/A                          
5.04 Property Hyatt Place Phoenix North N/A N/A                          
6 Loan 20 Times Square N/A N/A Hard In Place 240,000,000 485,000,000 45.8% 1.29 4.1% 150,000,000 55.0% 0.97 3.4% No N/A
7 Loan Savi Ranch Center N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
8 Loan Spotsylvania Crossing N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
9 Loan Copeland Tower & Stadium Place N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
10 Loan Somerset Financial Center N/A N/A Hard Springing 24,000,000 N/A N/A N/A N/A N/A N/A N/A N/A No N/A
11 Loan One Northwestern Plaza 6/30/2089 N/A Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
12 Loan Holiday Inn & Suites - Chattanooga 3/19/2064 Two, 50 year terms Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
13 Loan Smithridge Plaza N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
14 Loan Miami Airport Industrial Portfolio 6/7/2117 N/A Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
14.01 Property Sky Chefs 3500 NW 24th Street 6/7/2117 N/A                          
14.02 Property Sky Chefs 3630 NW 25th Street 6/7/2117 N/A                          
15 Loan River Place Apartments N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
16 Loan Conway Commons N/A N/A Springing Springing 32,250,000 N/A N/A N/A N/A N/A N/A N/A N/A No N/A
17 Loan Courtyard Marriott New Braunfels N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
18 Loan Holiday Inn - Matteson N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
19 Loan Canyon & Western Business Park N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
20 Loan Chatham Glen N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
21 Loan Kjellberg MHP N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
22 Loan Warner Courtyards N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
23 Loan Windsor Village N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
24 Loan Staybridge Suites Austin N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
25 Loan HMS - WSS Portfolio N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
25.01 Property WoodSpring Suites - Savannah N/A N/A                          
25.02 Property WoodSpring Suites - Madison N/A N/A                          
25.03 Property Value Place - Huntsville N/A N/A                          
26 Loan 160th Street and Prospect Avenue Portfolio N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
26.01 Property 160th Street N/A N/A                          
26.02 Property Prospect Avenue N/A N/A                          
27 Loan Sunflower MHC N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
28 Loan Longview Plaza N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
29 Loan Charleston Tower N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
30 Loan Bank of America Center N/A N/A Hard In Place 50,500,000 N/A N/A N/A N/A 23,500,000 74.9% 1.13 8.4% No N/A
31 Loan 175 Park Avenue N/A N/A Hard In Place 75,000,000 N/A N/A N/A N/A N/A N/A N/A N/A No N/A
32 Loan Manchester Highlands N/A N/A Springing Springing 25,000,000 N/A N/A N/A N/A N/A N/A N/A N/A No N/A
33 Loan 11 S. LaSalle Street N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
34 Loan Pelican Walk N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
35 Loan 5th Street Station N/A N/A Hard Springing 36,000,000 38,300,000 52.3% 1.63 9.7% 21,700,000 67.3% 1.01 7.5% No N/A
36 Loan 7-9 Vreeland Road N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
37 Loan Seaside Portfolio N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
37.01 Property River Inn at Seaside N/A N/A                          
37.02 Property Inn at Seaside N/A N/A                          
38 Loan 14701 Philips Highway N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
39 Loan Walgreens & Sherwin Williams Plaza N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
40 Loan Hampton Inn - Provo N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
41 Loan Holiday Inn Houston SW – Sugar Land Area N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
42 Loan St. Vrain MHC N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
43 Loan Livonia Industrial II N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
44 Loan Holiday Inn Express - Sandy N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
45 Loan LA Fitness - Chandler AZ N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
46 Loan Holiday Inn Express - Savannah N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
47 Loan Gemstone MHC Portfolio N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
47.01 Property Harbor’s Edge N/A N/A                          
47.02 Property Gem Beach Estates N/A N/A                          
48 Loan Holiday Inn Express & Suites Jackson N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
49 Loan 24 Hour Fitness - Mansfield N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
50 Loan Crossroads Village N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
51 Loan Shorecliff Retail Center N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
52 Loan Holiday Inn Express - Port Richey N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
53 Loan Liberty Business Park N/A N/A Soft, Springing Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
54 Loan Kensington Office Plaza N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
55 Loan Hempstead Highway Industrial N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
56 Loan TD Bank Long Island City N/A N/A Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
57 Loan Walgreens & PDQ Retail Portfolio N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
57.01 Property Walgreens Naples N/A N/A                          
57.02 Property PDQ Orlando N/A N/A                          
58 Loan 24 Hour Fitness - Cedar Hill N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
59 Loan Quality Inn - Florissant N/A N/A Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
60 Loan Greater American Self Storage N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
61 Loan 2036 TC Jester N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
62 Loan Zavarella Industrial N/A N/A Springing Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
63 Loan 42 Corporate Park N/A N/A Soft, Springing Hard Springing N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
64 Loan Dollar General Wonder Lake N/A N/A Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A
65 Loan Dollar General Moscow Mills N/A N/A Hard In Place N/A N/A N/A N/A N/A N/A N/A N/A N/A No N/A

 

A-1-8

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Lender Consent Required for Future Secured Subordinate Debt (Y/N) Future Mezzanine Debt Permitted (Y/N)(19) Conditions for Future Mezzanine Debt(19)
1 Loan Wyvernwood Apartments N/A No N/A
2 Loan Riverfront Plaza N/A No N/A
3 Loan Riverwalk N/A No N/A
4 Loan 139 Ludlow Street N/A No N/A
5 Loan Aspect RHG Hotel Portfolio N/A No N/A
5.01 Property Hilton Garden Inn Nashville Smyrna      
5.02 Property Aloft Hotel Broomfield      
5.03 Property Hampton Inn Nashville Smyrna      
5.04 Property Hyatt Place Phoenix North      
6 Loan 20 Times Square N/A No N/A
7 Loan Savi Ranch Center N/A No N/A
8 Loan Spotsylvania Crossing N/A No N/A
9 Loan Copeland Tower & Stadium Place N/A No N/A
10 Loan Somerset Financial Center N/A No N/A
11 Loan One Northwestern Plaza N/A Yes (i) no Event of Default; (ii) DSCR greater or equal to 1.15x; (iii) LTV equal to or less than 85.0%.
12 Loan Holiday Inn & Suites - Chattanooga N/A No N/A
13 Loan Smithridge Plaza N/A Yes Future Mezzanine Debt is permitted provided that (i) Lender approves all of the terms of the mezzanine financing and all mezzanine loan documents, (ii) the maturity date of the mezzanine loan will not be earlier than the mortgage loan maturity date, (iii) mortgage loan lender and mezzanine loan lender enter into a customary intercreditor agreement, (iv) total debt LTV does not exceed 80.0% and (v) total debt DSCR is not less than 1.30x.
14 Loan Miami Airport Industrial Portfolio N/A No N/A
14.01 Property Sky Chefs 3500 NW 24th Street      
14.02 Property Sky Chefs 3630 NW 25th Street      
15 Loan River Place Apartments N/A No N/A
16 Loan Conway Commons N/A No N/A
17 Loan Courtyard Marriott New Braunfels N/A No N/A
18 Loan Holiday Inn - Matteson N/A No N/A
19 Loan Canyon & Western Business Park N/A Yes Future mezzanine debt is permitted, provided, among other things in the loan documents, that (i) no event of default has occurred or is continuing; (ii) the combined LTV does not exceed 70.0%; and (iii) the lender receives a rating agency comfort letter
20 Loan Chatham Glen N/A No N/A
21 Loan Kjellberg MHP N/A No N/A
22 Loan Warner Courtyards N/A No N/A
23 Loan Windsor Village N/A No N/A
24 Loan Staybridge Suites Austin N/A No N/A
25 Loan HMS - WSS Portfolio N/A No N/A
25.01 Property WoodSpring Suites - Savannah      
25.02 Property WoodSpring Suites - Madison      
25.03 Property Value Place - Huntsville      
26 Loan 160th Street and Prospect Avenue Portfolio N/A No N/A
26.01 Property 160th Street      
26.02 Property Prospect Avenue      
27 Loan Sunflower MHC N/A No N/A
28 Loan Longview Plaza N/A No N/A
29 Loan Charleston Tower N/A No N/A
30 Loan Bank of America Center N/A No N/A
31 Loan 175 Park Avenue N/A No N/A
32 Loan Manchester Highlands N/A No N/A
33 Loan 11 S. LaSalle Street N/A No N/A
34 Loan Pelican Walk N/A No N/A
35 Loan 5th Street Station N/A No N/A
36 Loan 7-9 Vreeland Road N/A No N/A
37 Loan Seaside Portfolio N/A No N/A
37.01 Property River Inn at Seaside      
37.02 Property Inn at Seaside      
38 Loan 14701 Philips Highway N/A No N/A
39 Loan Walgreens & Sherwin Williams Plaza N/A No N/A
40 Loan Hampton Inn - Provo N/A No N/A
41 Loan Holiday Inn Houston SW – Sugar Land Area N/A No N/A
42 Loan St. Vrain MHC N/A No N/A
43 Loan Livonia Industrial II N/A No N/A
44 Loan Holiday Inn Express - Sandy N/A No N/A
45 Loan LA Fitness - Chandler AZ N/A No N/A
46 Loan Holiday Inn Express - Savannah N/A No N/A
47 Loan Gemstone MHC Portfolio N/A No N/A
47.01 Property Harbor’s Edge      
47.02 Property Gem Beach Estates      
48 Loan Holiday Inn Express & Suites Jackson N/A No N/A
49 Loan 24 Hour Fitness - Mansfield N/A No N/A
50 Loan Crossroads Village N/A No N/A
51 Loan Shorecliff Retail Center N/A No N/A
52 Loan Holiday Inn Express - Port Richey N/A No N/A
53 Loan Liberty Business Park N/A No N/A
54 Loan Kensington Office Plaza N/A No N/A
55 Loan Hempstead Highway Industrial N/A No N/A
56 Loan TD Bank Long Island City N/A No N/A
57 Loan Walgreens & PDQ Retail Portfolio N/A No N/A
57.01 Property Walgreens Naples      
57.02 Property PDQ Orlando      
58 Loan 24 Hour Fitness - Cedar Hill N/A No N/A
59 Loan Quality Inn - Florissant N/A No N/A
60 Loan Greater American Self Storage N/A No N/A
61 Loan 2036 TC Jester N/A No N/A
62 Loan Zavarella Industrial N/A No N/A
63 Loan 42 Corporate Park N/A No N/A
64 Loan Dollar General Wonder Lake N/A Yes (i) no Event of Default; (ii) DSCR greater or equal to 1.20x; (iii) LTV equal to or less than 85.0%.
65 Loan Dollar General Moscow Mills N/A Yes (i) no Event of Default; (ii) DSCR greater or equal to 1.20x; (iii) LTV equal to or less than 85.0%.

 

A-1-9

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Lender Consent Required for Future Mezzanine Debt (Y/N)(19) Future Unsecured Debt Permitted (Y/N) Conditions for Future Unsecured Debt Lender Consent Required for Future Unsecured Debt (Y/N) Sponsor(20)
1 Loan Wyvernwood Apartments N/A No N/A N/A Mark Sanders
2 Loan Riverfront Plaza N/A No N/A N/A Sarah Rachel Gordon; Isaac Hertz; William Z. Hertz
3 Loan Riverwalk N/A No N/A N/A Salvatore N. Lupoli
4 Loan 139 Ludlow Street N/A No N/A N/A US AcquireCo, Inc.; Alf Naman; William Schaffel; Alexander Schaffel; Trevor Stahelski
5 Loan Aspect RHG Hotel Portfolio N/A No N/A N/A RHG Invest Co. LLC; Benjamin N. Seidel
5.01 Property Hilton Garden Inn Nashville Smyrna          
5.02 Property Aloft Hotel Broomfield          
5.03 Property Hampton Inn Nashville Smyrna          
5.04 Property Hyatt Place Phoenix North          
6 Loan 20 Times Square N/A No N/A N/A Mark Siffin
7 Loan Savi Ranch Center N/A No N/A N/A Bac Dai Tran; Oanh Kim Tran
8 Loan Spotsylvania Crossing N/A No N/A N/A Robert P. Chesson
9 Loan Copeland Tower & Stadium Place N/A No N/A N/A Charles Aque
10 Loan Somerset Financial Center N/A No N/A N/A Aryeh Z. Ginzberg aka Ari Zev Ginzberg; Harvey Rosenblatt; Leibel Lederman; Azag LLC; CLL LLC; David Sutton
11 Loan One Northwestern Plaza Yes No N/A N/A Gabriel Schuchman; Michael Schuchman
12 Loan Holiday Inn & Suites - Chattanooga N/A No N/A N/A Chandrakant Amin; Bhupendra Bhagat
13 Loan Smithridge Plaza Yes No N/A N/A Wayne Cheng; The Cheng Family Trust u/t/d December 21, 2001
14 Loan Miami Airport Industrial Portfolio N/A No N/A N/A SD US Holdings LLC
14.01 Property Sky Chefs 3500 NW 24th Street          
14.02 Property Sky Chefs 3630 NW 25th Street          
15 Loan River Place Apartments N/A No N/A N/A Matthew B. Lester
16 Loan Conway Commons N/A No N/A N/A E. Stanley Kroenke
17 Loan Courtyard Marriott New Braunfels N/A No N/A N/A Thomas E. Kirkland; R. Hunter Goodwin; Casey M. Oldham
18 Loan Holiday Inn - Matteson N/A No N/A N/A Deepak Shah
19 Loan Canyon & Western Business Park Yes No N/A N/A Jay Schuminsky
20 Loan Chatham Glen N/A No N/A N/A David M. Conwill; Steven B. Kimmelman; Leslie Leohr
21 Loan Kjellberg MHP N/A No N/A N/A Kent M. Kjellberg
22 Loan Warner Courtyards N/A No N/A N/A R. Craig Hannay Trust dated September 13, 2001, as amended, by and through its trustee, R. Craig Hannay; R. Craig Hannay
23 Loan Windsor Village N/A No N/A N/A Adrian Haas; Michael Haas
24 Loan Staybridge Suites Austin N/A No N/A N/A Esmaeile Mianabi; Saeed A. Minhas
25 Loan HMS - WSS Portfolio N/A No N/A N/A Tracy Fleenor; Philip A. Cox
25.01 Property WoodSpring Suites - Savannah          
25.02 Property WoodSpring Suites - Madison          
25.03 Property Value Place - Huntsville          
26 Loan 160th Street and Prospect Avenue Portfolio N/A No N/A N/A Ayush Kapahi; Michael Froning
26.01 Property 160th Street          
26.02 Property Prospect Avenue          
27 Loan Sunflower MHC N/A No N/A N/A Matthew N. Follett
28 Loan Longview Plaza N/A No N/A N/A William A. Morris
29 Loan Charleston Tower N/A No N/A N/A Gilbert C. Barbieri
30 Loan Bank of America Center N/A No N/A N/A Gerard Alexander Sponsor LLC
31 Loan 175 Park Avenue N/A No N/A N/A Hampshire Partners Fund VIII, L.P.
32 Loan Manchester Highlands N/A No N/A N/A E. Stanley Kroenke
33 Loan 11 S. LaSalle Street N/A No N/A N/A Paragon Real Estate Fund, LLC
34 Loan Pelican Walk N/A No N/A N/A Anthony Caruso
35 Loan 5th Street Station N/A No N/A N/A Stephen J. Collins; Brent Scarbrough
36 Loan 7-9 Vreeland Road N/A No N/A N/A Benjamin B. Rubin; Samuel I. Kirschenbaum
37 Loan Seaside Portfolio N/A No N/A N/A Dulal Mostafa; Moududur Rahman; Masudur R. Khan
37.01 Property River Inn at Seaside          
37.02 Property Inn at Seaside          
38 Loan 14701 Philips Highway N/A No N/A N/A CS1031 Jacksonville FL HQ Master Lessee, LLC; Louis J. Rogers
39 Loan Walgreens & Sherwin Williams Plaza N/A No N/A N/A Arizona Lipnob Estates LLC
40 Loan Hampton Inn - Provo N/A No N/A N/A Girish Patel
41 Loan Holiday Inn Houston SW – Sugar Land Area N/A No N/A N/A Moiz Bhamani; Harwinder Kang; Moiz Bhamani Family Wealth Trust; Harwinder Kang Family Wealth Trust
42 Loan St. Vrain MHC N/A No N/A N/A Matthew N. Follett
43 Loan Livonia Industrial II N/A No N/A N/A William Zabala
44 Loan Holiday Inn Express - Sandy N/A No N/A N/A Girish Patel
45 Loan LA Fitness - Chandler AZ N/A No N/A N/A Carl J. Greenwood; James F. McKenzie; Carl J. Greenwood, as trustee of The Greenwood Family Trust dated October 16, 1985; James F. McKenzie, as trustee of the McKenzie Living Trust dated December 16, 2009
46 Loan Holiday Inn Express - Savannah N/A No N/A N/A Mehul B. Patel; Bharat M. Patel; Mayur Patel
47 Loan Gemstone MHC Portfolio N/A No N/A N/A David Matthew Ruby
47.01 Property Harbor’s Edge          
47.02 Property Gem Beach Estates          
48 Loan Holiday Inn Express & Suites Jackson N/A No N/A N/A Atul N. Patel; Manisha A. Patel
49 Loan 24 Hour Fitness - Mansfield N/A No N/A N/A Platform Investments, LLC
50 Loan Crossroads Village N/A No N/A N/A Eden Tekie; Rutta Tekie
51 Loan Shorecliff Retail Center N/A No N/A N/A Simon Zhang
52 Loan Holiday Inn Express - Port Richey N/A No N/A N/A Nagender Reddy; Geetha R. Kuchakulla
53 Loan Liberty Business Park N/A No N/A N/A Peter Snowden; Kevin S. Pitts
54 Loan Kensington Office Plaza N/A No N/A N/A Ilya Spivak; Vladimir Budker
55 Loan Hempstead Highway Industrial N/A No N/A N/A Brennan Investment Group
56 Loan TD Bank Long Island City N/A No N/A N/A George Fina
57 Loan Walgreens & PDQ Retail Portfolio N/A No N/A N/A Emilia Karsh
57.01 Property Walgreens Naples          
57.02 Property PDQ Orlando          
58 Loan 24 Hour Fitness - Cedar Hill N/A No N/A N/A Platform Investments, LLC
59 Loan Quality Inn - Florissant N/A No N/A N/A Avinash Peddi; Akkina Narayana Murthy; Sreemanth Chowdary Gollamudi
60 Loan Greater American Self Storage N/A No N/A N/A Matthew N. Follett
61 Loan 2036 TC Jester N/A No N/A N/A Neil P. Martin; Michael W. Sperandio; Matthew T. Donowho
62 Loan Zavarella Industrial N/A No N/A N/A Gino Zavarella; Gino Zavarella
63 Loan 42 Corporate Park N/A No N/A N/A Peter Snowden; Kevin S. Pitts
64 Loan Dollar General Wonder Lake Yes No N/A N/A Ladder Capital CRE Equity LLC
65 Loan Dollar General Moscow Mills Yes No N/A N/A Ladder Capital CRE Equity LLC

 

A-1-10

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED

 

Mortgage Loan Number Property Flag Property Name Guarantor Affiliated Sponsors
1 Loan Wyvernwood Apartments Mark Sanders No
2 Loan Riverfront Plaza Sarah Rachel Gordon; Isaac Hertz; William Z. Hertz No
3 Loan Riverwalk Salvatore N. Lupoli No
4 Loan 139 Ludlow Street US AcquireCo, Inc.; Alf Naman; William Schaffel; Alexander Schaffel; Trevor Stahelski No
5 Loan Aspect RHG Hotel Portfolio RHG Invest Co. LLC; Benjamin N. Seidel No
5.01 Property Hilton Garden Inn Nashville Smyrna    
5.02 Property Aloft Hotel Broomfield    
5.03 Property Hampton Inn Nashville Smyrna    
5.04 Property Hyatt Place Phoenix North    
6 Loan 20 Times Square Mark Siffin No
7 Loan Savi Ranch Center Bac Dai Tran; Oanh Kim Tran No
8 Loan Spotsylvania Crossing Robert P. Chesson No
9 Loan Copeland Tower & Stadium Place Charles Aque No
10 Loan Somerset Financial Center Aryeh Z. Ginzberg aka Ari Zev Ginzberg; Harvey Rosenblatt; Leibel Lederman; Azag LLC; CLL LLC; David Sutton No
11 Loan One Northwestern Plaza Gabriel Schuchman; Michael Schuchman Group 3
12 Loan Holiday Inn & Suites - Chattanooga Chandrakant Amin; Bhupendra Bhagat No
13 Loan Smithridge Plaza Wayne Cheng; The Cheng Family Trust u/t/d December 21, 2001 No
14 Loan Miami Airport Industrial Portfolio SD US Holdings LLC No
14.01 Property Sky Chefs 3500 NW 24th Street    
14.02 Property Sky Chefs 3630 NW 25th Street    
15 Loan River Place Apartments Matthew B. Lester No
16 Loan Conway Commons E. Stanley Kroenke Group 1
17 Loan Courtyard Marriott New Braunfels Thomas E. Kirkland; R. Hunter Goodwin; Casey M. Oldham No
18 Loan Holiday Inn - Matteson Deepak Shah No
19 Loan Canyon & Western Business Park Jay Schuminsky No
20 Loan Chatham Glen David M. Conwill; Steven B. Kimmelman; Leslie Leohr No
21 Loan Kjellberg MHP Kent M. Kjellberg No
22 Loan Warner Courtyards R. Craig Hannay Trust dated September 13, 2001, as amended, by and through its trustee, R. Craig Hannay; R. Craig Hannay No
23 Loan Windsor Village Adrian Haas; Michael Haas No
24 Loan Staybridge Suites Austin Esmaeile Mianabi; Saeed A. Minhas No
25 Loan HMS - WSS Portfolio Tracy Fleenor; Philip A. Cox No
25.01 Property WoodSpring Suites - Savannah    
25.02 Property WoodSpring Suites - Madison    
25.03 Property Value Place - Huntsville    
26 Loan 160th Street and Prospect Avenue Portfolio Ayush Kapahi; Michael Froning No
26.01 Property 160th Street    
26.02 Property Prospect Avenue    
27 Loan Sunflower MHC Matthew N. Follett Group 2
28 Loan Longview Plaza William A. Morris No
29 Loan Charleston Tower Gilbert C. Barbieri No
30 Loan Bank of America Center Gerard Alexander Sponsor LLC No
31 Loan 175 Park Avenue Hampshire Partners Fund VIII, L.P. No
32 Loan Manchester Highlands E. Stanley Kroenke Group 1
33 Loan 11 S. LaSalle Street Paragon Real Estate Fund, LLC No
34 Loan Pelican Walk Anthony Caruso No
35 Loan 5th Street Station Stephen J. Collins; Brent Scarbrough No
36 Loan 7-9 Vreeland Road Benjamin B. Rubin; Samuel I. Kirschenbaum No
37 Loan Seaside Portfolio Dulal Mostafa; Moududur Rahman; Masudur R. Khan No
37.01 Property River Inn at Seaside    
37.02 Property Inn at Seaside    
38 Loan 14701 Philips Highway CS1031 Jacksonville FL HQ Master Lessee, LLC; Louis J. Rogers No
39 Loan Walgreens & Sherwin Williams Plaza Arizona Lipnob Estates LLC No
40 Loan Hampton Inn - Provo Girish Patel Group 4
41 Loan Holiday Inn Houston SW – Sugar Land Area Moiz Bhamani; Harwinder Kang; Moiz Bhamani Family Wealth Trust; Harwinder Kang Family Wealth Trust No
42 Loan St. Vrain MHC Matthew N. Follett Group 2
43 Loan Livonia Industrial II William Zabala No
44 Loan Holiday Inn Express - Sandy Girish Patel Group 4
45 Loan LA Fitness - Chandler AZ Carl J. Greenwood; James F. McKenzie; Carl J. Greenwood, as trustee of The Greenwood Family Trust dated October 16, 1985; James F. McKenzie, as trustee of the McKenzie Living Trust dated December 16, 2009 No
46 Loan Holiday Inn Express - Savannah Mehul B. Patel; Bharat M. Patel; Mayur Patel No
47 Loan Gemstone MHC Portfolio David Matthew Ruby No
47.01 Property Harbor’s Edge    
47.02 Property Gem Beach Estates    
48 Loan Holiday Inn Express & Suites Jackson Atul N. Patel; Manisha A. Patel No
49 Loan 24 Hour Fitness - Mansfield Platform Investments, LLC Group 5
50 Loan Crossroads Village Eden Tekie; Rutta Tekie No
51 Loan Shorecliff Retail Center Simon Zhang No
52 Loan Holiday Inn Express - Port Richey Nagender Reddy; Geetha R. Kuchakulla No
53 Loan Liberty Business Park Peter Snowden; Kevin S. Pitts Group 6
54 Loan Kensington Office Plaza Ilya Spivak; Vladimir Budker No
55 Loan Hempstead Highway Industrial Brennan Management LLC No
56 Loan TD Bank Long Island City George Fina No
57 Loan Walgreens & PDQ Retail Portfolio Emilia Karsh No
57.01 Property Walgreens Naples    
57.02 Property PDQ Orlando    
58 Loan 24 Hour Fitness - Cedar Hill Platform Investments, LLC Group 5
59 Loan Quality Inn - Florissant Avinash Peddi; Akkina Narayana Murthy; Sreemanth Chowdary Gollamudi No
60 Loan Greater American Self Storage Matthew N. Follett Group 2
61 Loan 2036 TC Jester Neil P. Martin; Michael W. Sperandio; Matthew T. Donowho No
62 Loan Zavarella Industrial Gino Zavarella; Gino Zavarella No
63 Loan 42 Corporate Park Peter Snowden; Kevin S. Pitts Group 6
64 Loan Dollar General Wonder Lake Ladder Capital CRE Equity LLC Group 3
65 Loan Dollar General Moscow Mills Ladder Capital CRE Equity LLC Group 3

 

A-1-11

 

 

  UBS 2018-C12
  Footnotes to Annex A-1
   
(1) UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York (“UBS AG”), Société Générale (“SG”), Natixis Real Estate Capital LLC (“Natixis”), Cantor Commercial Real Estate Lending, L.P. (“CCRE”), Ladder Capital Finance LLC (“LCF”), Rialto Mortgage Finance, LLC (“RMF”) and CIBC Inc. (“CIBC”).
   
(2) Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” for information regarding certain lease termination options affecting the 5 largest tenants at Mortgaged Properties securing the 15 largest Mortgage Loans.
   
(3) The Original Balance and Cut-off Date Balance represent only the Mortgage Loan included in the issuing entity. The Underwritten NOI DSCR, Underwritten NCF DSCR, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, Underwritten NOI Debt Yield, Underwritten NCF Debt Yield and Cut-off Date Balance Per Unit/SF are calculated based on the Mortgage Loan included in the issuing entity and the related pari passu companion loans in the aggregate. For more information regarding the Mortgage Loans secured by the Mortgaged Properties identified under the column heading in this Annex A-1 as Wyvernwood Apartments, Riverfront Plaza, Riverwalk, Aspect RHG Hotel Portfolio, 20 Times Square, Somerset Financial Center, Conway Commons, Bank of America Center, 175 Park Avenue, Manchester Highlands, and 5th Street Station see the charts titled “Whole Loan Summary” in “Summary of Terms” and “Whole Loan Control Notes and Non-Control Notes” in “Description of the Mortgage Pool—The Whole Loans”.
   
(4) Loan No. 5 – Aspect RHG Hotel Portfolio – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value with respect to the Mortgaged Properties includes the “As-Complete” Appraised Value of $75,500,000 for the Mortgaged Properties, which assumes the completion of $5,352,135 in renovations for the cost of which the lender reserved at origination. The Appraised Value for the Mortgaged Properties assuming the “As-Is” Appraised Value is $70,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Properties are 66.0% and 58.4%, respectively.
   
  Loan No. 18 – Holiday Inn - Matteson – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value are based on the “As Complete” Appraised Value of $22,500,000 as of March 25, 2018, which assumes the completion of $1,500,000 in renovations reserved by the lender at origination. The Appraised Value for the Mortgaged Property based on the “As-Is” Appraised Value is $21,000,000 as of March 25, 2018. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the “As-Is” Appraised Value for the Mortgaged Property are 61.9% and 47.9%, respectively.
   
  Loan No. 30 – Bank of America Center – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value are based on the appraiser’s conclusion of a hypothetical value of $112,200,000 that assumes Bank of America is paying market rent under its office lease. Bank of America does not pay base rent under its current lease and is only responsible for contractual expense reimbursements. However, Bank of America’s lease provides a renewal option at fair market rent. The borrower reserved the difference between the current rent payments and market rent through the lease term in 2022 (which reserve amount mimics the market rent revenue cash flow). The Appraised Value for the Mortgaged Property (without considering the reserve) is $106,600,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD for the Mortgaged Property (without considering the reserve) are 56.8% and 56.8%, respectively.
   
  Loan No. 40 – Hampton Inn - Provo – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value are based on the “As Complete” Appraised Value of $12,000,000 as of May 23, 2018, which assumes the completion of $800,000 in renovations reserved by the lender at origination. The Appraised Value for the Mortgaged Property based on the “As-Is” Appraised Value is $11,200,000 as of May 23, 2018. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the “As-Is” Appraised Value for the Mortgaged Property are 71.4% and 58.3%, respectively.
   
  Loan No. 44 – Holiday Inn Express - Sandy – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value are based on the “As Complete” Appraised Value of $10,700,000 as of May 23, 2018, which assumes the completion of $1,335,238 in renovations reserved by the lender at origination. The Appraised Value for the Mortgaged Property based on the “As-Is” Appraised Value is $9,300,000 as of May 23, 2018. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the “As-Is” Appraised Value for the Mortgaged Property are 77.4% and 65.1%, respectively.
   
  Loan No. 52 – Holiday Inn Express - Port Richey – The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, and Appraised Value are based on the “As-Complete” Appraised Value of $11,000,000, which assumes the completion of $1,396,747 in renovations for the cost of which the lender reserved at origination. The Appraised Value for the Mortgaged Property assuming the “As-Is” Appraised Value is $9,600,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD assuming the “As-Is” Appraised Value for the Mortgaged Property are 59.9% and 51.5%, respectively.
   
(5) Loan No. 2 – Riverfront Plaza – The Whole Loan can be defeased or prepaid in whole or in part with the payment of a yield maintenance premium at any time on or after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) May 4, 2022. The lockout period for defeasance will be at least 27 payment dates beginning with and including the first payment date of June 5, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 27 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.

 

A-1-12

 

 

  Loan No. 3 – Riverwalk – The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of July 6, 2018. Following the lockout period, the borrower has the right to defease the Whole Loan on any date before April 6, 2028. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) July 6, 2021. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
  Loan No. 5 – Aspect RHG Hotel Portfolio – The Whole Loan can be defeased at any time after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) August 1, 2021. The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date of September 1, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 24 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
  Loan No. 6 – 20 Times Square – The Whole Loan can be defeased at any time after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) April 27, 2022. The lockout period for defeasance will be at least 27 payment dates beginning with and including the first payment date of June 5, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 27 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
  Loan No. 10 – Somerset Financial Center – The lockout period for defeasance will be at least 24 payment dates beginning with and including the first payment date of September 6, 2018. Following the lockout period, the borrower has the right to defease the Whole Loan in whole or in part, on any date before May 6, 2028. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) July 25, 2021. For the purposes of this preliminary prospectus, the assumed lockout period of 24 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
  Loan No. 30 – Bank of America Center – The lockout period for defeasance will be at least 25 payment dates beginning with and including the first payment date of August 1, 2018. Following the lockout period, the borrower has the right to defease the Whole Loan in whole, but not in part, on any date before April 1, 2028. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) August 1, 2022. For the purposes of this preliminary prospectus, the assumed lockout period of 25 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
  Loan No. 31 – 175 Park Avenue – The lockout period for defeasance will be at least 27 payment dates beginning with and including the first payment date of June 6, 2018. Following the lockout period, the borrower has the right to defease the Whole Loan in whole, but not in part, on any date before February 6, 2028. The lockout period will expire on the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) June 6, 2022. For the purposes of this preliminary prospectus, the assumed lockout period of 27 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
  Loan No. 35 – 5th Street Station – The Whole Loan can be prepaid in full with payment of a yield maintenance premium if the date the Whole Loan can be defeased has not occurred and if July 6, 2021 has occurred. If the date that the Whole Loan can be defeased has occurred, the Whole Loan cannot be prepaid with a yield maintenance premium. The Whole Loan can be defeased two years after the closing date of the securitization that includes the last note to be securitized. The lockout period for defeasance will be at least 26 payment dates beginning with and including the first payment date of July 6, 2018. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected UBS 2018-C12 securitization closing date in August 2018. The actual lockout period may be longer.
   
(6) Loan Nos. 3, 5, 7, 14, 37, 43, 49, 57 and 58 – Riverwalk, Aspect RHG Hotel Portfolio, Savi Ranch Center, Miami Airport Industrial Portfolio, Seaside Portfolio, Livonia Industrial II, 24 Hour Fitness - Mansfield, Walgreens & PDQ Retail Portfolio and 24 Hour Fitness - Cedar Hill – The related borrower may obtain the release of a portion of the related Mortgaged Property or portfolio of Mortgaged Properties, subject to the satisfaction of conditions set forth in the related Mortgage Loan documents, including making a prepayment of principal. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases”.
   
  Loan No. 35 – 5th Street Station – If the borrower is unable to achieve a 7.2% debt yield for the Mortgaged Property prior to May 18, 2020, the lender may, at its option, direct the borrower to prepay up to $7,500,000 of the Whole Loan, along with the payment of a yield maintenance premium. The amount of the prepayment is based on the remaining amount in the related holdback reserve account as of the date of determination. If the borrower is unable to achieve the required debt yield and the lender elects not to require the borrower to prepay the Whole Loan, such amount will be held as additional collateral for the Whole Loan.
   
(7) Loan No. 6 – 20 Times Square – The Whole Loan is secured by the borrower’s fee simple interest in a land parcel, totaling 16,066 SF, beneath a newly constructed 42-story mixed-use building (the “Improvement”) located at 701 Seventh Avenue (at the corner of West 47th Street) in Times Square, New York, New York. The ground lease commenced on April 27, 2018 with an expiration date of April 26, 2117. The ground lessee is required to pay the initial ground rent in an amount of $29,250,000 per annum. The ground rent will increase by 2.0% per annum from years 2 through 5 of the ground lease and will increase by 2.75% per annum from year 6 of the ground lease through year 99 of the ground lease.

 

A-1-13

 

 

  Loan No. 56 – TD Bank Long Island City – The Mortgage Loan is secured by the borrower’s fee simple interest in a land parcel, totaling 13,500 SF, improved by a 4,800 SF TD Bank located at 21-31 46th Avenue in Long Island City, New York. The ground lease commenced in September 2012 with an expiration date in September 2032. The ground lessee is required to pay the current ground rent of $448,000 with 12.0% rent steps every five years with the next rent increase scheduled to take place on October 1, 2022.
   
(8) Loan No. 11 – One Northwestern Plaza – A portion of the Mortgaged Property is subject to a ground lease which includes the building and western parking lot located on the Mortgaged Property, and the related borrower has a fee interest in the remaining acreage that includes the eastern parking lot. The fee interest in the leasehold portion of the Mortgaged Property is owned by Satfield Company. The ground lease carries a 100-year term, expiring on June 30, 2089 (approximately 71 years remaining). The ground lease has current rent of $190,967 per year until July 1, 2019, at which time the ground lease payment next increases. The annual ground rent is subject to an 8.5% increase every five years (which would result in an annual ground rent of approximately $204,837 in 2019) with a further adjustment in such increase so that the increase is equal to the increase in the Consumer Price Index (“CPI”) calculated as outlined in the original lease (with CPI capped at a 15.0% increase every five years). The CPI calculation is based on All Urban Consumers (CPI-U). The CPI percentage increase is calculated by determining the difference between the index as of the last month preceding the last increase in ground rent, and the index as of the last month of the lease year for which the ground rent is being determined, and dividing such difference by the base index.
   
  Loan No. 12 – Holiday Inn & Suites - Chattanooga – The Mortgage Loan is secured by both the borrower’s leasehold interest and the fee interests of certain affiliates of the borrower (which affiliates pledged such fee interests as collateral for the Mortgage Loan). The related ground lease between the borrower, as ground lessee, and such affiliates, collectively as ground lessor, is dated March 20, 2014 and expires on March 19, 2064, with two 50-year extension options. No annual ground rent is due during the initial term of the ground lease.
   
  Loan No. 14 – Miami Airport Industrial Portfolio – The borrower sponsor acquired the leasehold interests of the Sky Chefs 3500 NW 24th Street and Sky Chefs 3630 NW 25th Street Mortgaged Properties structured as two 99-year ground leases. The two 99-year ground leases are coterminous with a combined current annual rent of $600,000. The annual rent increases 2.0% annually each year, except for the 11th, 21st, 31st, 41st, 51st, 61st, 71st, 81st and 91st lease years, in which rent will increase in an amount equal to the greater of 2.0% or the CPI.
   
(9) Loan No. 3 – Riverwalk – Approximately 6.3% of the net rentable area and 7.1% of the gross potential rent is leased to affiliates of the borrower.
   
  Loan No. 62 – Zavarella Industrial – The largest tenant at the Mortgaged Property, Gino’s Awards, Inc., is an affiliate of the borrower sponsor. The related lease is guaranteed by the borrower sponsor. The underwritten base rent for Gino’s Awards, Inc. is $3.98 PSF compared to the appraiser’s concluded market rent of $7.00 PSF.
   
(10) Loan No. 2 – Riverfront Plaza – The largest tenant at the Mortgaged Property, Hunton Andrews Kurth LLP, has the right to terminate its lease at any time with respect to (i) 2,022 SF on the plaza level in the east tower building, (ii) 3,093 SF on the plaza level in the east tower building or (iii) the combined 5,115 SF on the plaza level in the east tower building, with 12 months’ prior written notice to the borrower and payment of a termination fee equal to the sum of the unamortized portion of cash inducements prorated for the plaza level premises plus the unamortized portion of the renovation allowance prorated for the plaza level premises. If the second largest tenant at the Mortgaged Property, Branch Banking & Trust Company, is acquired by another financial institution, such tenant has the right to terminate its lease on May 31, 2022 with 24 months’ notice and payment of a termination fee equal to the sum of two years of rent and reimbursements and any outstanding unamortized transaction costs. The fifth largest tenant at the Mortgaged Property, Private Advisors, LLC, has a one-time right to terminate its lease at any time after August 31, 2020 with at least 12 months’ notice and payment of a termination fee equal to $531,104.
   
  Loan No. 9 – Copeland Tower & Stadium Place – The second largest tenant at the Mortgaged Property, State of Texas, may terminate its lease with no termination fee if there is a curtailment of federally funded programs, or if state appropriated funds are unavailable and the General Services Commission is unable to find another state agency or agencies to fill, or partially fill the premises.
   
  Loan No. 11 – One Northwestern Plaza – The fifth largest tenant at the Mortgaged Property, Stifel, may terminate its lease any time after the 84th month (August 2024) with 180 days’ written notice and payment of a termination fee equal to the then unamortized portion of costs to the landlord as part of the landlord’s work.
   
  Loan No. 14 – Miami Airport Industrial Portfolio – The sole tenant at the Sky Chefs 3500 NW 24th Street Mortgaged Property, Sky Chefs, Inc., has the right to terminate its lease effective on the last day of the 120th month (March 2027) with at least 12 months’ prior notice (but no more than 24 months’ notice) and payment of a termination fee equal to the annual fixed rent which would have been payable for the 121st through 126th month following the commencement date of the related lease plus sales tax on this amount. The sole tenant at the Sky Chefs 3630 NW 25th Street Mortgaged Property, Sky Chefs, Inc., has the right to terminate its lease effective on the last day of the 84th month (March 2024) with at least 12 months’ prior notice (but no more than 24 months’ prior notice) and payment of a termination fee equal to the annual rent for the 85th through 96th month of the related lease plus sales tax on this amount.

 

A-1-14

 

 

  Loan No. 22 – Warner Courtyards – The largest tenant at the Mortgaged Property, Cenlar FSB, has a one-time termination option on November 30, 2023 with six months’ notice and payment of a termination fee of approximately $764,230, provided that such tenant has not exercised its right of first refusal to expand its premises within the first 60 months of the initial lease term. The second largest tenant at the Mortgaged Property, CEC Educational Services, has a one-time termination option on April 30, 2024 with nine months’ notice and payment of termination fee of approximately $536,980.
   
  Loan No. 29 – Charleston Tower – The largest tenant at the Mortgaged Property, Board of Regents of the Nevada System of Higher Education (“NSHE”), has an appropriations clause that would allow it to terminate the lease with 30 days’ notice and no termination fee in the event that the government fails to appropriate funds to NSHE.
   
  Loan No. 33 – 11 S. LaSalle Street – The largest tenant at the Mortgaged Property, Citibank NA, has a one-time right to terminate its lease after 60 months of the lease term (March 31, 2023) with written notice prior to end of the 48th month of the lease term (on or before March 31, 2022). If the lease is terminated, Citibank NA will pay the borrower unamortized brokerage commissions of $83,443 and nine months’ base rent at the rate payable in year five of the lease term.
   
  Loan No. 34 – Pelican Walk – The third largest tenant at the Mortgaged Property, Maui Nix, Inc., may terminate its lease at any time upon providing 90-days’ notice with no termination fee. The underwritten base rent for Maui Nix, Inc., is $22.14 PSF compared to the appraiser’s concluded market rent of $37.50 PSF.
   
  Loan No. 51 – Shorecliff Retail Center – The second largest tenant at the Mortgaged Property, Department of General Services, may terminate its lease on August 31, 2021 with 60 days’ notice and no termination fee.
   
  Loan No. 54 – Kensington Office Plaza – The largest tenant at the Mortgaged Property, Mizkan Americas, Inc., has a one-time option to terminate its lease effective November 30, 2025, with notice by November 30, 2024 and payment of a termination fee in the amount of approximately $2,000,000. The fourth largest tenant at the Mortgaged Property, Magnetar Capital, has a one-time option to terminate its lease effective August 31, 2020, with notice by November 30, 2019 and payment of a termination fee in the amount of approximately $109,122.
   
  Loan No. 57 – Walgreens & PDQ Retail Portfolio – The sole tenant at the Walgreens Naples Mortgaged Property, Walgreens, may terminate its lease effective as of July 31, 2030 by providing 18 months’ prior notice with no termination fee.
   
(11) Loan No. 4 – 139 Ludlow Street – The sole tenant at the Mortgaged Property, Soho-Ludlow Tenant, LLC, subleases a portion of its space to Soho-Ludlow, Inc., a not for profit corporation.
   
(12) Occupancy reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.
   
  Loan No. 2 – Riverfront Plaza – The third largest tenant at the Mortgaged Property, Owens & Minor Medical Inc., has recently expanded its space to include an additional 11,425 SF and is expected to take occupancy of this additional space in August 2018. Owens & Minor Medical Inc. will begin paying rent for the additional space in August 2018.
   
  Loan No. 3 – Riverwalk – The largest tenant at the Mortgaged Property, Solectria, has executed a lease and taken occupancy of its space, but has a partial rent credit until March 2019. The third largest tenant at the Mortgaged Property, Home Health VNA, has executed a lease and taken occupancy of its space, and pays reduced rent until September 2020. At origination, the borrower reserved $124,344 with the lender in connection with such reduced rent periods.
   
  Loan No. 8 – Spotsylvania Crossing – The largest tenant at the Mortgaged Property, At Home, has a rent abatement period until September 2018. At origination, the borrower deposited $156,255 with the lender as an unfunded obligations reserve.
   
  Loan No. 11 – One Northwestern Plaza – The second largest tenant at the Mortgaged Property, Foster Swift Collins & Smith, is in a free rent period with respect to its expansion space of 3,348 SF until October 2018.
   
  Loan No. 30 – Bank of America Center – The second largest tenant at the Mortgaged Property, DEQ (Department of Environmental Quality), is currently in occupancy and is required to commence paying rent in September 2018. At origination, the borrower deposited $761,854 into a free rent reserve related to such tenant.
   
  Loan No. 31 – 175 Park Avenue – The sole tenant at the Mortgaged Property, Realogy Operations LLC, has a three-month free rent period through September 2018. At origination, the borrower reserved $1,788,075, equal to three months of base rent, for such free rent period.
   
  Loan No. 38 – 14701 Philips Highway – The sole tenant at the Mortgaged Property, Dream Finders Homes LLC (“Dream Finders”), has executed its lease, is in occupancy in its first and third floor spaces and is paying rent on all of its leased space, but is not yet in occupancy in its second floor space. The buildout on the second floor is expected to be completed by August 30, 2018 but may be further extended. At origination, the borrower escrowed $1,500,000 with the title insurer in connection with Dream Finders accepting its second floor space. In addition, some of the space is subleased to affiliates of Dream Finders.
   
  Loan No. 53 – Liberty Business Park – The fourth largest tenant at the Mortgaged Property, Pneumatic Scale Angelus, is expected to begin paying rent on December 1, 2018. At origination, the borrower reserved $59,984 for free rent and $147,000 for outstanding tenant improvement obligations.

 

A-1-15

 

 

  Loan No. 54 – Kensington Office Plaza – The largest tenant at the Mortgaged Property, Mizkan Americas, Inc., has free rent through November 2018 and the third largest tenant at the Mortgaged Property, Riley Construction Company, Inc., has free rent through September 2018. Riley Construction Company, Inc. has accepted its space but is currently in the process of a buildout and is expected to take occupancy by September 1, 2018. At origination, the borrower reserved $661,270 to account for such free rent periods and $1,025,000 was escrowed with the title insurer for application to tenant improvements and certain construction work with respect to the space of Mizkan Americas, Inc.
   
  Loan No. 61 – 2036 TC Jester – The fourth largest tenant at the Mortgaged Property, King’s Kolache, is expected to take full occupancy in September 2018 and commenced paying rent on January 1, 2018.
   
(13) Loan No. 35 – 5th Street Station – The Whole Loan documents include an achievement reserve in the amount of $7,500,000. The funds will be released from the reserve once Aramark or tenants meeting leasing criteria set forth in the Whole Loan documents are in occupancy and the resulting cash flow is at a 7.2% debt yield or greater on the entire outstanding principal balance of the Whole Loan and all mezzanine loans. Aramark signed a letter of intent for 13,171 SF at a rental rate of $35.00 PSF NNN. Partial releases will be permitted subject to the 7.2% debt yield test in accordance with the Whole Loan documents. If the borrower is unable to achieve a 7.2% debt yield for the Mortgaged Property prior to May 18, 2020, the lender may, at its option, direct the borrower to prepay up to $7,500,000 of the Whole Loan, along with the payment of a yield maintenance premium. The amount of the prepayment is based on the remaining amount in the related holdback reserve account as of the date of determination. If the borrower is unable to achieve the required debt yield and the lender elects not to require the borrower to prepay the Whole Loan, such amount will be held as additional collateral for the Whole Loan. The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield, and U/W NCF Debt Yield are net of the $7,500,000 holdback. The Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI Debt Yield, and U/W NCF Debt Yield for the Mortgage Loan are 31.0%, 31.0%, 16.3%, and 15.7%, respectively, based on the full Cut-Off Date Balance or scheduled principal balance at maturity, as applicable. The stabilized Appraisal Value, which assumes that the Mortgaged Property reaches stabilized occupancy of 95.5% as of February 1, 2019, is $154,000,000. Including and excluding the $7,500,000 achievement reserve from the Mortgage Loan, the Cut-off Date LTV Ratio based on the stabilized Appraisal Value is 29.2% and 24.4%, respectively. Including and excluding the $7,500,000 achievement reserve from the Whole Loan, the Cut-off Date LTV Ratio based on the stabilized Appraisal Value is 54.1% and 49.2%, respectively.
   
  Loan No. 38 – 14701 Philips Highway – At origination, the borrower reserved $1,500,000 with the title insurer in connection with the sole tenant’s build out of its second floor space. The sole tenant, Dream Finders Homes LLC, occupies the first and third floors and leases and pays rent for the entirety of its space. Such reserved funds will be released when Dream Finders Homes LLC takes occupancy.
   
(14) Loan No. 46 – Holiday Inn Express - Savannah – Beginning on the payment date in August 2020, the borrower will be required to make monthly deposits into an FF&E reserve equal to the greater of (i) 1/12 of 4.0% of gross income from operations and (ii) the aggregate amount, if any, required to be reserved under the management agreement and franchise agreement.
   
(15) Loan No. 12 – Holiday Inn & Suites - Chattanooga – The borrower deposited $280,000 at origination into a Seasonality Reserve. Ongoing Seasonality Reserve payments are required to be deposited on each monthly payment date occurring during the period between June and October, inclusively.
   
  Loan No. 37 – Seaside Portfolio – The borrower deposited $380,000 at origination into a Seasonality Reserve. Ongoing Seasonality Reserve payments of $54,286 are required to be deposited monthly on each payment date occurring during the period between March and September.
   
  Loan No. 40 – Hampton Inn - Provo – Ongoing Seasonality Reserve payments of $16,000 are required to be deposited on each monthly payment date occurring during the period between August and October, inclusively.
   
  Loan No. 41 – Holiday Inn Houston SW – Sugar Land Area – On each payment date occurring during the months of August through November 2018, the borrower is required to deposit $24,952 into a Seasonality Reserve. On each payment date occurring during the months of February through November of each year commencing in 2019, the borrower is required to deposit an amount equal (a) (i) the aggregate seasonality shortfall for the trailing 12 months (ii) multiplied by 1.25, (b) divided by 10.
   
  Loan No. 44 – Holiday Inn Express - Sandy – The borrower deposited $45,000 at origination into a Seasonality Reserve. Ongoing Seasonality Reserve payments of $15,000 are required to be deposited on each monthly payment date occurring during the period between August and October, inclusively.
   
  Loan No. 46 – Holiday Inn Express - Savannah – Ongoing Seasonality Reserve payments are required to be deposited monthly on each payment date occurring during the period between August and November, inclusively, beginning with an amount of $12,500 per month for 2018 and for each subsequent year during the Mortgage Loan term, the amount will be based on projected shortfall amounts as calculated pursuant to the Mortgage Loan agreement.
   
  Loan No. 48 – Holiday Inn Express & Suites Jackson – The borrower deposited $48,568 at origination into a Seasonality Reserve. Ongoing seasonality payments of $5,396 are required to be deposited monthly on each payment date other than payment dates occurring in August and October.

 

A-1-16

 

 

  Loan No. 52 – Holiday Inn Express - Port Richey – The borrower deposited $35,000 at origination into a Seasonality Reserve. Ongoing Seasonality Reserve payments are required to be deposited monthly in an amount equal to the sum of the projected debt service shortfalls (inclusive of amounts attributable to monthly deposits into all applicable escrows and reserve accounts required pursuant to the Mortgage Loan documents), as determined by the lender annually as of each anniversary of the origination date; provided, however, in no event will the amount in the Seasonality Reserve exceed $70,000.
   
(16) Loan No. 5 – Aspect RHG Hotel Portfolio – Beginning on the first payment date in September 2018, the borrower is required to deposit in escrow an amount equal to the greater of (i) (A) on each of the first 12 payment dates, $14,970, (B) on each of the 13th through the 24th payment dates, 1/12 of 2.0% of the gross annual income of the Mortgaged Properties (based on the prior year’s performance) and (C) on each payment date after the 24th payment date, 1/12 of 4.0% of the gross annual income of the Mortgaged Properties (based on the prior year’s performance), (ii) the then-current amount required by each management agreement and (iii) the then-current amount required by each franchise agreement for approved capital expenses and/or FF&E expenses, and the repair and replacement of the FF&E and capital expenses that may be incurred following origination.
   
  Loan No. 18 – Holiday Inn - Matteson – The borrower is required to deposit a monthly FF&E reserve payment equal to (i) from origination through and including the payment date in July 2021, an amount equal to 1/12 of 2.0% of gross revenue for the prior calendar year, (ii) from and including the payment date in August 2021 and for the remainder of the term of the Mortgage Loan, an amount equal to 1/12 of 4.0% of gross revenue for the prior calendar year. The initial monthly FF&E reserve payment will be $12,423.
   
  Loan No. 24 – Staybridge Suites Austin – Beginning on the first payment date in August 2018, the borrower is required to deposit an amount equal to (i) 1/12 of 1.0% of annual gross revenues for the first year of the Mortgage Loan term, (ii) 1/12 of 2.0% of annual gross revenues for the second year of the Mortgage Loan term (commencing on the 13th payment date), (iii) 1/12 of 3.0% of annual gross revenues for the third year of the Mortgage Loan term (commencing on the 25th payment date) and (iv) 1/12 of 4.0% of annual gross revenues thereafter (commencing on the 37th payment date). The initial FF&E monthly amount will be $3,231.
   
  Loan No. 52 – Holiday Inn Express - Port Richey – Beginning on the first payment date in September 2018, the borrower is required to deposit on each payment date an amount equal to the greater of (i) 1/12 of 4.0% of the annual gross revenues of the Mortgaged Property for the previous 12 month period as determined on the anniversary of the origination date (initially $6,542 per month), or (ii) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E, but excluding any amounts attributable to a property improvement plan.
   
(17) Loan No. 2 – Riverfront Plaza – The Mortgaged Property was formerly equipped with a gasoline filling station on the central portion of the Mortgaged Property from 1964 through 1983, which included two underground storage tanks. A release of gasoline at the Mortgaged Property was reported in 1988. Based on the removal of the tanks, analytical results, regulatory closure, and redevelopment of the Mortgaged Property with five sub-grade parking levels and presumed removal of any remaining contaminated soils, the former underground storage tanks are considered a historical recognized environmental condition for which no further action is necessary.
   
  Loan No. 6 – 20 Times Square – The ESA for the Mortgaged Property noted two historical recognized environmental conditions related to spills at the Mortgaged Property. The first historical recognized environmental condition relates to a release of 400 gallons of petroleum on April 29, 2005. The New York State Department of Environmental Conservation (“NYSDEC”) granted this incident a “case closed” status following cleanup efforts. The second historical recognized environmental condition relates to the delivery on December 21, 2012 of 800 gallons of No. 4 fuel oil into a disconnected fill pipe, which in turn pumped 800-gallons of fuel into the basement and into Con Ed vaults along the sidewalk. Following remediation efforts, the NYSDEC granted a “case closed” status on October 3, 2014. The ESA also noted that, with respect to both historical recognized environmental conditions, because the Mortgaged Property has since been redeveloped, including a full footprint excavation down to three sub-cellar levels, any residual contamination would have likely been excavated and removed from the site as part of redevelopment activities.
   
  Loan No. 14 – Miami Airport Industrial Portfolio – The Sky Chefs 3500 NW 24th Street Mortgaged Property is listed as a state leaking underground storage tank facility. Numerous DERM-approved phases of investigation and remediation were subsequently conducted for on-site soils and groundwater between 2002 and 2006. The Sky Chefs 3500 NW 24th Street Mortgaged Property received a no further action letter on July 9, 2009. Based upon the documented regulatory closure, this condition is considered a historical recognized environmental condition, and no further action is recommended. Soil contamination was discovered at the Sky Chefs 3630 NW 25th Street Mortgaged Property and a no further action with conditions letter was received on November 21, 2014. Based upon the documented regulatory closure, this condition is considered a controlled recognized environmental condition, and no further action is recommended.

 

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  Loan No. 50 – Crossroads Village – The ESA identified no recognized environmental conditions on the Mortgaged Property, but did identify a controlled recognized environmental condition as the Mortgaged Property has been remediated pursuant to the Georgia Brownfields Act and is institutionally controlled to non-residential operations. The Mortgaged Property is a Brownfields site due to dry cleaner solvent impacts to groundwater from off-site source attributable to a former dry-cleaner that was located approximately 400 feet west and up-gradient. A 2016 vapor intrusion investigation at the Mortgaged Property determined that no vapor intrusion risk was identified. Off-site soil contamination was cited in the Brownfields Limitation of Liability Letter issued by the Georgia Environmental Protection Division (“GEPD”) on January 13, 2017. Under the GEPD Brownfields Limitation of Liability, prospective purchasers are relieved of liability for groundwater cleanup and third party claims arising from historical releases. Based on the GEPD regulatory oversight, presence of a Brownfields Limitation of Liability, the distance from the Mortgaged Property to the source of the groundwater contamination and that the collateral improvements are all above-ground, the current ESA considers the groundwater contamination and Brownfields listing a controlled recognized environmental condition, subject to continued compliance with the terms of the Brownfield Limitation of Liability program and recommended no further investigation. 
   
(18) Loan No. 3 – Riverwalk – The ESA noted a recognized environmental condition related to the historical use of part of the Mortgaged Property as a boiler house and for coal storage circa 1956. Due to the recognized environmental condition as well as potential unknown environmental issues related to former industrial uses, the borrower fully paid for and the lender obtained a 13-year lender’s environmental liability insurance policy with aggregate and individual limits of not less than $2,000,000, with a $250,000 deductible, and the Whole Loan documents prohibit the borrowers from terminating the policy without the lender’s consent or intentionally taking any actions with respect to the Mortgaged Property, which would reasonably be expected to result in a forfeiture, or adversely affect the validity or enforceability of such policy prior to the date that is three years after the Whole Loan stated maturity date.
   
  Loan No. 30 – Bank of America Center – The ESA identified several recognized environmental conditions in connection with inconsistent documentation regarding the current status of two underground storage tanks at the Mortgaged Property as well as the historical use of the Mortgaged Property as, among other things, an automobile service station, printing company and dry cleaner. The borrower fully paid for a 13-year lender’s environmental collateral protection and a liability insurance policy with aggregate and individual limits of not less than $3,000,000, with a $200,000 deductible, was obtained at origination, and the Whole Loan documents prohibit the borrowers from terminating the policy without the lender’s consent or intentionally taking any actions with respect to the Mortgaged Property that would reasonably be expected to result in a forfeiture, or adversely affect the validity or enforceability of such policy prior to the date that is three years after the Whole Loan stated maturity date.
   
  Loan No. 61 – 2036 TC Jester – The ESA identified a recognized environmental condition in connection with the former operation of a dry cleaner at the Mortgaged Property. The borrower obtained an environmental insurance policy from Great American with limits of $2,000,000 per occurrence and $2,000,000 in the aggregate, with a deductible of $50,000. The policy provides coverage during the term of the Mortgage Loan and an optional three-year tail.
   
(19) For more information see “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness”.
   
(20) Loan No. 38 – 14701 Philips Highway – The borrower is a Delaware statutory trust. In connection with that structure, the borrower entered into a master lease (the “14701 Philips Highway Master Lease”) with a master tenant, which entity is owned and controlled by the borrower sponsor. Under the 14701 Phillips Highway Master Lease, the entire Mortgaged Property is leased to the master tenant, which subleases the Mortgaged Property to Dream Finders Homes LLC.
   
(21) Loan No. 3 – Riverwalk – The Mortgaged Property consists of 494,209 SF of office space (78.4% of NRA), 65,486 SF of retail space (10.4% of NRA) and 70,684 SF of industrial space (11.2% of NRA).
   
  Loan No. 26 – 160th Street and Prospect Avenue Portfolio – The Number of Units at the Mortgaged Properties include 634 SF of commercial space.
   
(22) Loan No. 2 – Riverfront Plaza – The total debt amortizes based on a non-standard amortization schedule as set forth on Annex F to the preliminary prospectus. The U/W NOI DSCR, U/W NCF DSCR and Total Debt UW NCF DSCR are calculated based on the aggregate of the 12 debt service payments commencing September 5, 2018.
   
(23) Loan No. 35 – 5th Street Station – The Total Debt UW NCF DSCR is calculated based on the aggregate of the 12 debt service payments commencing on July 6, 2023 as the mezzanine A loan amortizes based on a non-standard amortization schedule after an initial 60-month interest only period.
   
(24) Loan No. 32 – Manchester Highlands – The related borrower delivered to the lender a reserve guaranty (the “Reserve Guaranty”) from E. Stanley Kroenke. So long as no event of default exists under either the related Whole Loan or the Reserve Guaranty, and the Reserve Guaranty remains in full force and effect, the related borrower will not be obligated to fund monthly reserves. If an event of default under the related Whole Loan or under the Reserve Guaranty occurs or the Reserve Guaranty is no longer in full force and effect, the lender may require the related borrower to escrow monthly: (i) 1/12 of the annual estimated tax payments, (ii) 1/12 of the annual estimated insurance premiums, (iii) replacement reserves of $4,421, and (iv) tenant improvements and leasing commissions reserve of $14,728, subject to a cap of $884,253.

 

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  Loan No. 53 – Liberty Business Park – In an event of default under the related Mortgage Loan, the lender may require the related borrower to escrow monthly: (i) 1/12 of the annual estimated tax payments, (ii) 1/12 of the annual estimated insurance premiums, (iii) replacement reserves of $1,053, and (iv) tenant improvements and leasing commissions reserve of $3,510.
   
  Loan No. 63 – 42 Corporate Park – In an event of default under the related Mortgage Loan, the lender may require the related borrower to escrow monthly: (i) 1/12 of the annual estimated tax payments, (ii) 1/12 of the annual estimated insurance premiums, (iii) replacement reserves of $315, and (iv) tenant improvements and leasing commissions reserve of $1,577.
   
(25) Loan No. 9 – Copeland Tower & Stadium Place – The related borrower deposited $58,341 into a reserve for amounts paid or incurred in connection with landlord-obligated tenant improvement work on the space leased to Ennova Learning Solutions.
   
  Loan No. 9 – Copeland Tower & Stadium Place – Commencing (a) if either of Multiplan, Inc. or State of Texas (each, a “Trigger Tenant”) files for bankruptcy, goes dark, or vacates its premises or (b) nine months prior to any Trigger Tenant’s lease expiration date, excess cash will be swept into a reserve (the “Trigger Lease Reserve”) which funds will be used for re-tenanting the Trigger Tenant’s space. Notwithstanding the forgoing, the related borrower may deliver to the lender either cash or a letter of credit acceptable to the lender for an amount equal to $500,000 to avoid making deposits into the Trigger Lease Reserve as a result of clause (b) above.
   
  Loan No. 10 – Somerset Financial Center – To the extent the master lease has terminated and the entirety of the master leased premises is not leased to the largest tenant at the Mortgaged Property, Mallinckrodt, the borrower may be required to deposit with the lender on each payment date commencing on January 6, 2022, an amount equal to the cash collateral fixed deposit (which amount may be reduced by the adjustment factor, as set forth in the Whole Loan documents), which will be held as additional security for the Whole Loan. In the event that the borrower has entered into one or more qualified replacement leases for all or a portion of the master leased premises, and pursuant to certain conditions set forth in the Whole Loan documents, the borrower may not be required to make the monthly cash collateral fixed deposit.
   
  Loan No. 32 – Manchester Highlands – In the event that Walmart Stores East, LP (i) goes dark or vacates its premises, (ii) surrenders, cancels or terminates its lease or (iii) files for bankruptcy, the related borrower is required to deposit all excess cash into a reserve (the “Walmart Sweep Reserve”). Notwithstanding the forgoing, so long as the Reserve Guaranty is in full force and effect and no event of default exists under the related Whole Loan or the Reserve Guaranty, (i) the first $1,000,000 of excess cash that would otherwise be required to be deposited into the Walmart Sweep Reserve will be disbursed to the related borrower, and (ii) any amount of excess cash in excess of $1,000,000 will be deposited into the Walmart Sweep Reserve.
   
  Loan No. 39 – Walgreens & Sherwin Williams Plaza – In the event that either of Walgreen Co. or The Sherwin-Williams Company (each, a “Trigger Tenant”) files for bankruptcy, goes dark, gives notice of its intent to vacate its premises or fails to renew its lease by the deadline in its respective lease agreement, excess cash will be swept into a reserve which funds will be used for re-tenanting the Trigger Tenant’s space.
   
  Loan No. 62 – Zavarella Industrial – In the event that Gino’s Awards, Inc. files for bankruptcy, goes dark or vacates, excess cash will be swept into a reserve to be used for re-tenanting the space.
   
(26) Loan No. 32 – Manchester Highlands – The related borrower may avoid a cash management period triggered as a result of the DSCR (based on a 30-year amortization schedule and trailing six-months operating statements and rent rolls) being less than 1.15x for any two consecutive calendar quarters (a “Low Debt Service Period”), provided that no other cash management period has commenced, by entering into an Acceptable Master Lease (defined below) and delivering a fully executed Acceptable Master Lease to the lender. An “Acceptable Master Lease” means, a lease between the related borrower, as landlord, and E. Stanley Kroenke, as tenant, for a portion of the Mortgaged Property (a) with a term of at least ten years, (b) covering sufficient leasable space such that, upon inclusion of the rent due under such lease in underwritten net cash flow, the DSCR based on the trailing 12 month period immediately preceding the date of such determination is greater than 1.25x, (c) provides for rental rate rates and terms which are comparable to existing local market rates and terms for properties substantially similar to the Mortgaged Property and reasonably acceptable to the lender. The right of the related borrower to elect to enter into an Acceptable Master Lease with the guarantor to avoid a Low Debt Service Period is only available to, and is personal to TKG - Manchester Highlands Shopping Center, LLC and E. Stanley Kroenke, and will not be applicable or available to a new borrower or guarantor following a sale of the Mortgaged Property.
   
(27) Loan No. 30 – Bank of America Center – The increase in U/W NOI from historical NOI takes into account underwritten gross rent for the Bank of America office space of approximately $21.63 PSF. Bank of America’s current lease obligations for this space through 2022 are expense reimbursement payments, which only currently equate to approximately $697,447 per year ($8.81 PSF), approximately $12.82 PSF below gross market rent of approximately $21.63 PSF. At origination, the borrowers deposited $4,091,878 into a reduced rent reserve, which represents the difference between the contractual reimbursement payment and $21.63 PSF market rent for the Bank of America office space through lease expiration in 2022.

 

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(28) Loan No. 31 – 175 Park Avenue – The sole tenant at the Mortgaged Property, Realogy Operations LLC, delivered an irrevocable $23,000,000 standby letter of credit in lieu of cash as the required security deposit. Subject to certain requirements set forth in the Whole Loan documents and the Realogy Operations LLC lease, upon the occurrence of an event of default, the lender may draw upon (and reduce) the letter of credit as follows: (i) to $23,00,000 at any time until December 31, 2018, (ii) to $17,500,000 at any time after January 1, 2019, (iii) to $11,000,000 at any time after January 1, 2023 and (iv) to $4,000,000 at any time after January 1, 2026. Provided no event of default has occurred and Realogy Corporation, the guarantor of the lease, has maintained a corporate credit rating of at least “BB” or equivalent as published by S&P or Moody’s at all times in the preceding 12 months, the face amount of the letter of credit is permitted to be reduced to an amount equal to three months of base rent.
   
(29) Loan No. 6 – 20 Times Square – Historical financial and occupancy information is not available as the Improvement is scheduled to be completed in August 2018.
   
(30) Loan No. 10 – Somerset Financial Center – The Mortgaged Property is 100.0% occupied. The largest tenant at the Mortgaged Property, Mallinckrodt, occupies 191,000 SF. In connection with the sale of the property to the borrower, Related Real Estate Fund II, L.P., an investment fund sponsored by the Related Companies, guaranteed the obligations of RREF II Somerset ML LLC, an affiliate of the Related Companies, under a master lease with the borrower related to the currently unoccupied 39,000 SF at a base rent of $18.00 PSF with $0.50 PSF annual increases. The term of the master lease will end on the earlier of (i) December 31, 2021 and (ii) the date on which a termination event has occurred. A termination event will occur if (a) Mallinckrodt exercises its option to lease the premises or (b) a replacement tenant leases the entire premises. If the replacement tenant only leases a portion of the space, the master lease will still apply to the remaining space.
   
(31) Loan No. 17 – Courtyard Marriott New Braunfels – The borrower will not be required to deposit the monthly capital expenditure reserve amount during such times that the balance of the capital expenditure reserve account exceeds $675,000.
   
(32) Loan No. 28 – Longview Plaza – Commencing on July 6, 2018, following the date the rollover reserve account drops below $100,000, the borrower will pay a monthly deposit amount of $12,772 into the rollover reserve account.

 

A-1-20