FWP 1 n2784-x2_anxa1.htm FREE WRITING PROSPECTUS

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-255181-01
     

 

     
 

FREE WRITING PROSPECTUS, DATED NOVEMBER 1, 2021

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-255181) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.

The information in this File is preliminary and may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

The securities related to this File are being offered when, as and if issued.  This free writing prospectus is not an offer to sell or a solicitation of an offer to buy such securities in any state or other jurisdiction where such offer, solicitation or sale is not permitted. Such securities do not represent an interest in or obligation of the depositor, the sponsors, the originators, the master servicer, the special servicers, the trustee, the certificate administrator, the operating advisor, the asset representations reviewer, the controlling class representative, the companion loan holders (or their representatives), the underwriters or any of their respective affiliates.  Neither such securities nor the underlying mortgage loans are insured or guaranteed by any governmental agency or instrumentality or private insurer.

Any legends, disclaimers or other notices that may appear at the bottom of the 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) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, 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.

  
     

 

 

  
  

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance % of Loan Balance Mortgage Loan Originator Mortgage Loan Seller Related Group Crossed Group Address
                       
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 100.0% DBRI, JPMCB, BANA, 3650 Cal Bridge Lending, LLC 3650 Real Estate Investment Trust 2 LLC, GACC NAP NAP 350 and 450 Water Street
2 Loan 18, 19 1 50 Horseblock 6.4% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 50 Horseblock Road
3 Loan 20, 21, 22 1 Rox San 5.7% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 465 North Roxbury Drive
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 100.0% DBRI GACC NAP NAP 520-522 Almanor Avenue
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 100.0% CREFI CREFI NAP NAP 1801-1845 La Cienega Boulevard
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4%   CREFI, DBRI CREFI, GACC NAP NAP Various
6.01 Property   1 Research Place 1.3% 24.9%         5000 Bradford Boulevard Northwest
6.02 Property   1 Research Park Office Center 1.1% 21.1%         7037-7067 Madison Pike Northwest
6.03 Property   1 Regions Center 1.1% 19.5%         200 Clinton Avenue West
6.04 Property   1 301 Voyager Way 0.8% 14.7%         301 Voyager Way Northwest
6.05 Property   1 Intuitive Center I & II 0.6% 11.0%         5030 Bradford Boulevard Northwest
6.06 Property   1 Lakeside Center I & II 0.5% 8.8%         620 Discovery Drive Northwest
7 Loan   1 Venice Crossroads 4.9% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 8985 Venice Boulevard
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 100.0% Column 3650 Real Estate Investment Trust 2 LLC NAP NAP 125 Westchester Avenue
9 Loan 45, 46 1 Marina Pacifica 3.6% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 6290 East Pacific Coast Highway
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 10 & 30 Patewood Drive and 50 & 80 International Drive
11 Loan   1 Tanglewood Apartments 3.3% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 1300 Tanglewood Drive
12 Loan 52 1 Axis Apartments and Lofts 2.9% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 1850 Merchant Lane and 2581 McMenamin Street
13 Loan   1 Shops of Wisconsin 2.9% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 6831 Wisconsin Avenue
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 100.0% DBRI GACC NAP NAP 2 Washington Street - Unit 3A
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 100.0% GSBI, DBRI, BMO GACC NAP NAP 161 Avenue of the Americas and 233 Spring Street
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 1820 Legends Lane
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 19601 North 27th Avenue
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 100.0% CREFI CREFI NAP NAP 747 Amsterdam Avenue
19 Loan   1 93 East Apartments 2.3% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC Yes - Group 1 NAP 2565 Shallowford Road Northeast
20 Loan 70 1 Cabelas 2.2% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 8650 Boomtown Garson Road
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 100.0% CREFI CREFI NAP NAP 600 & 650 North 5th Street and 601 Sequoia Pacific Boulevard
22 Loan   1 Falls of West Oaks 2.1% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 4034 South Texas 6
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%   DBRI GACC NAP NAP Various
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% 57.9%         4, 6 & 10 Sherrill Foster’s Path
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% 28.5%         6144 Route 25A
23.03 Property   1 97 North Sea Road 0.3% 13.6%         97 North Sea Road
24 Loan 8, 77 1 Centene 1.7% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 1700 North University Drive
25 Loan 78, 79 1 Reside Market Street 1.5% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 426 North Market Street and 627 & 608 Market Street
26 Loan 80, 81 1 477 Rodeo 1.5% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 9501 Santa Monica Drive
27 Loan   1 Carrington Court Apartments 1.2% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC Yes - Group 2 NAP 2225 South 34th Street and 3383 Primrose Court
28 Loan   1 Villa Adora 1.1% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 10534 Beechnut Street
29 Loan 82 1 Temecula Creek Plaza 1.1% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 31021-31165 Temecula Parkway
30 Loan   1 Times Square Apartments 1.1% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC Yes - Group 2 NAP 3001 36th Avenue South
31 Loan 83 1 2400 Hudson 1.1% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 2400 Hudson Terrace
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 226 North Lake Street
33 Loan   1 Jupiter Park Self Storage 0.9% 100.0% CREFI CREFI NAP NAP 1125 Jupiter Park Drive
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC Yes - Group 1 NAP 5349 New Peachtree Road
35 Loan 87 1 Northgate 0.5% 100.0% 3650 Real Estate Investment Trust 2 LLC 3650 Real Estate Investment Trust 2 LLC NAP NAP 1435 West Talmage Street

A-1-1

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance City County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure
                               
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% Cambridge Middlesex Massachusetts 02141 Mixed Use Office/Lab 2021 NAP 915,233 SF
2 Loan 18, 19 1 50 Horseblock 6.4% Brookhaven Suffolk New York 11719 Industrial Flex 1986 2015 472,278 SF
3 Loan 20, 21, 22 1 Rox San 5.7% Beverly Hills Los Angeles California 90210 Office Medical 1963 1999 57,666 SF
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% Sunnyvale Santa Clara California 94085 Office Suburban 2021 NAP 231,220 SF
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% Los Angeles Los Angeles California 90035 Retail Anchored 1970 2003 305,890 SF
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% Huntsville Madison Alabama Various Office CBD Various Various 1,033,888 SF
6.01 Property   1 Research Place 1.3% Huntsville Madison Alabama 35805 Office CBD 1980 NAP 275,928 SF
6.02 Property   1 Research Park Office Center 1.1% Huntsville Madison Alabama 35806 Office CBD 1999 NAP 236,507 SF
6.03 Property   1 Regions Center 1.1% Huntsville Madison Alabama 35801 Office CBD 1990 2006 154,918 SF
6.04 Property   1 301 Voyager Way 0.8% Huntsville Madison Alabama 35806 Office CBD 2007 NAP 110,275 SF
6.05 Property   1 Intuitive Center I & II 0.6% Huntsville Madison Alabama 35805 Office CBD 1999 NAP 134,318 SF
6.06 Property   1 Lakeside Center I & II 0.5% Huntsville Madison Alabama 35806 Office CBD 1989 2007 121,942 SF
7 Loan   1 Venice Crossroads 4.9% Los Angeles Los Angeles California 90034 Retail Anchored 1975 1998 157,819 SF
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% White Plains Westchester New York 10601 Retail Super Regional Mall 1995 2015-2017 809,311 SF
9 Loan 45, 46 1 Marina Pacifica 3.6% Long Beach Los Angeles California 90803 Retail Anchored 1976 1996 297,227 SF
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% Greenville Greenville South Carolina 29615 Office Suburban 1985-1998 1998-2017 447,282 SF
11 Loan   1 Tanglewood Apartments 3.3% Westwego Jefferson Louisiana 70094 Multifamily Garden 1970 2013, 2020 384 Units
12 Loan 52 1 Axis Apartments and Lofts 2.9% Hampton Hampton City Virginia 23666 Multifamily Mid Rise 2018 2020 192 Units
13 Loan   1 Shops of Wisconsin 2.9% Bethesda Montgomery Maryland 20815 Retail Anchored 1988 2016 71,082 SF
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% New York New York New York 10004 Multifamily High Rise 1972 2018-2020 345 Units
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% New York New York New York 10013 Office CBD 1904-1926 2016 786,891 SF
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% Daytona Beach Volusia Florida 32114 Multifamily Garden 2019 NAP 282 Units
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% Phoenix Maricopa Arizona 85027 Office Suburban 1997 2008 365,672 SF
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% New York New York New York 10025 Mixed Use Retail/Office 1927 2000 32,600 SF
19 Loan   1 93 East Apartments 2.3% Atlanta DeKalb Georgia 30345 Multifamily Garden 1967 2021 195 Units
20 Loan 70 1 Cabelas 2.2% Verdi Washoe Nevada 89439 Retail Single Tenant 2007 NAP 129,025 SF
21 Loan 71, 72 1 CAL OES Portfolio 2.1% Sacramento Sacramento California 95811 Industrial Flex 1985 2019-2021 159,875 SF
22 Loan   1 Falls of West Oaks 2.1% Houston Harris Texas 77082 Multifamily Garden 1981 1999-2021 288 Units
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% Various Suffolk New York Various Various Various Various Various 78,537 SF
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% East Hampton Suffolk New York 11937 Mixed Use Industrial/Multifamily 2020 NAP 43,628 SF
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% Wading River Suffolk New York 11792 Office Medical 1985 2014 28,894 SF
23.03 Property   1 97 North Sea Road 0.3% Southampton Suffolk New York 11968 Office Suburban 1997 NAP 6,015 SF
24 Loan 8, 77 1 Centene 1.7% Plantation Broward Florida 33322 Office Suburban 2020 NAP 145,983 SF
25 Loan 78, 79 1 Reside Market Street 1.5% Wilmington New Castle Delaware 19801 Mixed Use Multifamily/Retail 1920, 1940, 2015 2015-2016 73,233 SF
26 Loan 80, 81 1 477 Rodeo 1.5% Beverly Hills Los Angeles California 90210 Mixed Use Retail/Office 1924 1977 14,828 SF
27 Loan   1 Carrington Court Apartments 1.2% Grand Forks Grand Forks North Dakota 58201 Multifamily Garden 1988-1992 NAP 156 Units
28 Loan   1 Villa Adora 1.1% Houston Harris Texas 77072 Multifamily Garden 1979 NAP 265 Units
29 Loan 82 1 Temecula Creek Plaza 1.1% Temecula Riverside California 92592 Mixed Use Retail/Office 2006 NAP 68,132 SF
30 Loan   1 Times Square Apartments 1.1% Grand Forks Grand Forks North Dakota 58201 Multifamily Townhomes 1996 NAP 96 Units
31 Loan 83 1 2400 Hudson 1.1% Fort Lee Bergen New Jersey 07024 Multifamily Cooperative 1965 2020-2021 139 Units
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% Los Angeles Los Angeles California 90026 Multifamily Mid Rise 2021 NAP 36 Units
33 Loan   1 Jupiter Park Self Storage 0.9% Jupiter Palm Beach Florida 33458 Self Storage Self Storage 1998 NAP 63,429 SF
34 Loan 86 1 PeachTree Plaza Apartments 0.7% Atlanta DeKalb Georgia 30341 Multifamily Garden 1964 2019-2020 42 Units
35 Loan 87 1 Northgate 0.5% Springfield Greene Missouri 65803 Multifamily Garden 2018 NAP 77 Units

A-1-2

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($)
                      1   2  
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 889.39 77,900,000 77,900,000 77,900,000 2.79200% 0.01796% 2.77404% NAP 183,764.66
2 Loan 18, 19 1 50 Horseblock 6.4% 124.93 59,000,000 59,000,000 59,000,000 3.20000% 0.06500% 3.13500% NAP 159,518.52
3 Loan 20, 21, 22 1 Rox San 5.7% 901.74 52,000,000 52,000,000 52,000,000 3.29650% 0.06500% 3.23150% NAP 144,832.34
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 439.41 50,000,000 50,000,000 50,000,000 2.55500% 0.01321% 2.54179% NAP 107,936.92
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 294.22 50,000,000 50,000,000 50,000,000 3.49000% 0.01321% 3.47679% NAP 147,436.34
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 77.02 50,000,000 49,768,999 38,853,533 3.41000% 0.01321% 3.39679% 222,017.95 NAP
6.01 Property   1 Research Place 1.3%   12,441,250 12,383,771 9,667,730          
6.02 Property   1 Research Park Office Center 1.1%   10,553,125 10,504,369 8,200,524          
6.03 Property   1 Regions Center 1.1%   9,738,125 9,693,135 7,567,211          
6.04 Property   1 301 Voyager Way 0.8%   7,357,500 7,323,508 5,717,297          
6.05 Property   1 Intuitive Center I & II 0.6%   5,491,250 5,465,880 4,267,089          
6.06 Property   1 Lakeside Center I & II 0.5%   4,418,750 4,398,335 3,433,681          
7 Loan   1 Venice Crossroads 4.9% 285.77 45,100,000 45,100,000 45,100,000 2.95000% 0.06500% 2.88500% NAP 112,410.71
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 423.82 45,000,000 45,000,000 45,000,000 3.25000% 0.01321% 3.23679% NAP 123,567.71
9 Loan 45, 46 1 Marina Pacifica 3.6% 111.38 33,330,000 33,104,772 10,865,129 3.80000% 0.06500% 3.73500% 334,291.04 NAP
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 153.15 30,000,000 30,000,000 30,000,000 4.13000% 0.06500% 4.06500% NAP 104,684.03
11 Loan   1 Tanglewood Apartments 3.3% 78,125.00 30,000,000 30,000,000 30,000,000 3.83000% 0.06500% 3.76500% NAP 97,079.86
12 Loan 52 1 Axis Apartments and Lofts 2.9% 140,625.00 27,000,000 27,000,000 27,000,000 3.85000% 0.06500% 3.78500% NAP 87,828.13
13 Loan   1 Shops of Wisconsin 2.9% 376.33 26,750,000 26,750,000 26,750,000 3.41000% 0.06500% 3.34500% NAP 77,070.34
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 381,159.42 26,500,000 26,500,000 26,500,000 3.45000% 0.01321% 3.43679% NAP 77,245.66
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 597.29 25,176,796 25,176,796 25,176,796 2.72466879% 0.01821% 2.70645879% NAP 57,959.32
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 177,304.96 25,000,000 25,000,000 25,000,000 3.77000% 0.06500% 3.70500% NAP 79,632.52
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 185.96 23,000,000 23,000,000 23,000,000 4.28000% 0.06500% 4.21500% NAP 83,172.69
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 644.17 21,000,000 21,000,000 21,000,000 3.15000% 0.01321% 3.13679% NAP 55,890.63
19 Loan   1 93 East Apartments 2.3% 107,692.31 21,000,000 21,000,000 21,000,000 4.20000% 0.06500% 4.13500% NAP 74,520.83
20 Loan 70 1 Cabelas 2.2% 155.01 20,000,000 20,000,000 20,000,000 4.40000% 0.06500% 4.33500% NAP 74,351.85
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 123.00 19,665,000 19,665,000 16,342,429 3.53000% 0.01321% 3.51679% 88,634.28 58,651.32
22 Loan   1 Falls of West Oaks 2.1% 67,708.33 19,500,000 19,500,000 15,864,662 3.80000% 0.06500% 3.73500% 90,861.68 62,607.64
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 225.05 17,675,000 17,675,000 13,864,405 3.66000% 0.01321% 3.64679% 80,955.66 NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%   10,225,000 10,225,000 8,020,568          
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%   5,040,000 5,040,000 3,953,414          
23.03 Property   1 97 North Sea Road 0.3%   2,410,000 2,410,000 1,890,422          
24 Loan 8, 77 1 Centene 1.7% 320.59 15,600,000 15,600,000 15,600,000 3.41500% 0.06500% 3.35000% NAP 45,011.60
25 Loan 78, 79 1 Reside Market Street 1.5% 192.81 14,200,000 14,120,036 11,216,427 3.84500% 0.06500% 3.78000% 66,530.23 NAP
26 Loan 80, 81 1 477 Rodeo 1.5% 944.16 14,000,000 14,000,000 14,000,000 3.01000% 0.06500% 2.94500% NAP 35,604.40
27 Loan   1 Carrington Court Apartments 1.2% 69,878.26 11,000,000 10,901,009 8,600,397 3.57000% 0.06500% 3.50500% 49,825.74 NAP
28 Loan   1 Villa Adora 1.1% 39,622.64 10,500,000 10,500,000 10,500,000 3.29000% 0.06500% 3.22500% NAP 29,187.33
29 Loan 82 1 Temecula Creek Plaza 1.1% 151.54 10,325,000 10,325,000 10,325,000 3.48000% 0.06500% 3.41500% NAP 30,358.37
30 Loan   1 Times Square Apartments 1.1% 106,250.00 10,200,000 10,200,000 10,200,000 3.73000% 0.06500% 3.66500% NAP 32,145.35
31 Loan 83 1 2400 Hudson 1.1% 71,942.45 10,000,000 10,000,000 10,000,000 3.00500% 0.06500% 2.94000% NAP 25,389.47
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 263,888.89 9,500,000 9,500,000 9,500,000 3.34000% 0.06500% 3.27500% NAP 26,808.91
33 Loan   1 Jupiter Park Self Storage 0.9% 132.43 8,400,000 8,400,000 7,597,096 3.80000% 0.01321% 3.78679% 39,140.42 26,969.44
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 154,761.90 6,500,000 6,500,000 6,500,000 4.00000% 0.06500% 3.93500% NAP 21,967.59
35 Loan 87 1 Northgate 0.5% 57,142.86 4,400,000 4,400,000 3,763,152 4.55000% 0.06500% 4.48500% 22,425.06 16,915.05

A-1-3

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.)
            2                
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAP 2,205,175.92 Interest Only - ARD Yes Actual/360 120 120 120 120
2 Loan 18, 19 1 50 Horseblock 6.4% NAP 1,914,222.24 Interest Only No Actual/360 120 115 120 115
3 Loan 20, 21, 22 1 Rox San 5.7% NAP 1,737,988.08 Interest Only No Actual/360 84 80 84 80
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAP 1,295,243.04 Interest Only - ARD Yes Actual/360 120 120 120 120
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% NAP 1,769,236.08 Interest Only No Actual/360 120 119 120 119
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 2,664,215.40 NAP Amortizing Balloon No Actual/360 0 0 120 117
6.01 Property   1 Research Place 1.3%                  
6.02 Property   1 Research Park Office Center 1.1%                  
6.03 Property   1 Regions Center 1.1%                  
6.04 Property   1 301 Voyager Way 0.8%                  
6.05 Property   1 Intuitive Center I & II 0.6%                  
6.06 Property   1 Lakeside Center I & II 0.5%                  
7 Loan   1 Venice Crossroads 4.9% NAP 1,348,928.52 Interest Only No Actual/360 120 116 120 116
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% NAP 1,482,812.52 Interest Only No Actual/360 120 99 120 99
9 Loan 45, 46 1 Marina Pacifica 3.6% 4,011,492.48 NAP Amortizing Balloon No Actual/360 0 0 86 85
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% NAP 1,256,208.36 Interest Only No Actual/360 84 79 84 79
11 Loan   1 Tanglewood Apartments 3.3% NAP 1,164,958.32 Interest Only No Actual/360 120 120 120 120
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP 1,053,937.56 Interest Only No Actual/360 120 120 120 120
13 Loan   1 Shops of Wisconsin 2.9% NAP 924,844.08 Interest Only No Actual/360 120 116 120 116
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP 926,947.92 Interest Only No Actual/360 120 117 120 117
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% NAP 695,511.84 Interest Only No Actual/360 84 81 84 81
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP 955,590.24 Interest Only No Actual/360 120 118 120 118
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% NAP 998,072.28 Interest Only No Actual/360 84 77 84 77
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% NAP 670,687.56 Interest Only No Actual/360 120 117 120 117
19 Loan   1 93 East Apartments 2.3% NAP 894,249.96 Interest Only No Actual/360 120 115 120 115
20 Loan 70 1 Cabelas 2.2% NAP 892,222.20 Interest Only - ARD Yes Actual/360 120 120 120 120
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 1,063,611.36 703,815.84 Interest Only, Amortizing Balloon No Actual/360 24 23 120 119
22 Loan   1 Falls of West Oaks 2.1% 1,090,340.16 751,291.68 Interest Only, Amortizing Balloon No Actual/360 12 7 120 115
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 971,467.92 NAP Amortizing Balloon No Actual/360 0 0 120 120
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%                  
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%                  
23.03 Property   1 97 North Sea Road 0.3%                  
24 Loan 8, 77 1 Centene 1.7% NAP 540,139.20 Interest Only No Actual/360 120 114 120 114
25 Loan 78, 79 1 Reside Market Street 1.5% 798,362.76 NAP Amortizing Balloon No Actual/360 0 0 120 116
26 Loan 80, 81 1 477 Rodeo 1.5% NAP 427,252.80 Interest Only No Actual/360 120 118 120 118
27 Loan   1 Carrington Court Apartments 1.2% 597,908.88 NAP Amortizing Balloon No Actual/360 0 0 120 114
28 Loan   1 Villa Adora 1.1% NAP 350,247.96 Interest Only No Actual/360 120 119 120 119
29 Loan 82 1 Temecula Creek Plaza 1.1% NAP 364,300.44 Interest Only No Actual/360 120 120 120 120
30 Loan   1 Times Square Apartments 1.1% NAP 385,744.20 Interest Only No Actual/360 120 116 120 116
31 Loan 83 1 2400 Hudson 1.1% NAP 304,673.64 Interest Only No Actual/360 120 120 120 120
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP 321,706.92 Interest Only No Actual/360 120 119 120 119
33 Loan   1 Jupiter Park Self Storage 0.9% 469,685.04 323,633.28 Interest Only, Amortizing Balloon No Actual/360 60 57 120 117
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP 263,611.08 Interest Only No Actual/360 120 115 120 115
35 Loan 87 1 Northgate 0.5% 269,100.72 202,980.60 Interest Only, Amortizing Balloon No Actual/360 24 19 120 115

A-1-4

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days)
                               
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 0 0 10/14/2021 0 6 12/6/2021 NAP 11/6/2031 11/6/2036 0
2 Loan 18, 19 1 50 Horseblock 6.4% 0 0 6/3/2021 5 5 7/5/2021 NAP 6/5/2031 NAP 0
3 Loan 20, 21, 22 1 Rox San 5.7% 0 0 6/18/2021 4 5 8/5/2021 NAP 7/5/2028 NAP 0
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 0 0 10/20/2021 0 6 12/6/2021 NAP 11/6/2031 6/6/2034 0
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 0 0 9/28/2021 1 6 11/6/2021 NAP 10/6/2031 NAP 0
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 360 357 7/20/2021 3 6 9/6/2021 9/6/2021 8/6/2031 NAP 0
6.01 Property   1 Research Place 1.3%                    
6.02 Property   1 Research Park Office Center 1.1%                    
6.03 Property   1 Regions Center 1.1%                    
6.04 Property   1 301 Voyager Way 0.8%                    
6.05 Property   1 Intuitive Center I & II 0.6%                    
6.06 Property   1 Lakeside Center I & II 0.5%                    
7 Loan   1 Venice Crossroads 4.9% 0 0 7/2/2021 4 5 8/5/2021 NAP 7/5/2031 NAP 0
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 0 0 1/21/2020 21 1 3/1/2020 NAP 2/1/2030 NAP 0
9 Loan 45, 46 1 Marina Pacifica 3.6% 120 119 9/20/2021 1 5 11/5/2021 11/5/2021 12/5/2028 NAP 0
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 0 0 5/11/2021 5 5 7/5/2021 NAP 6/5/2028 NAP 0
11 Loan   1 Tanglewood Apartments 3.3% 0 0 10/15/2021 0 5 12/5/2021 NAP 11/5/2031 NAP 0
12 Loan 52 1 Axis Apartments and Lofts 2.9% 0 0 10/8/2021 0 5 12/5/2021 NAP 11/5/2031 NAP 0
13 Loan   1 Shops of Wisconsin 2.9% 0 0 6/21/2021 4 5 8/5/2021 NAP 7/5/2031 NAP 0
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 0 0 7/20/2021 3 6 9/6/2021 NAP 8/6/2031 NAP 0
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 0 0 7/9/2021 3 6 9/6/2021 NAP 8/6/2028 NAP 0
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 0 0 8/10/2021 2 5 10/5/2021 NAP 9/5/2031 NAP 0
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 0 0 3/31/2021 7 5 5/5/2021 NAP 4/5/2028 NAP 0
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 0 0 7/28/2021 3 6 9/6/2021 NAP 8/6/2031 NAP 0
19 Loan   1 93 East Apartments 2.3% 0 0 6/4/2021 5 5 7/5/2021 NAP 6/5/2031 NAP 0
20 Loan 70 1 Cabelas 2.2% 0 0 10/20/2021 0 5 12/5/2021 NAP 11/5/2031 4/5/2044 0
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 360 360 9/27/2021 1 6 11/6/2021 11/6/2023 10/6/2031 NAP 0
22 Loan   1 Falls of West Oaks 2.1% 360 360 5/24/2021 5 5 7/5/2021 7/5/2022 6/5/2031 NAP 0
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 360 360 10/22/2021 0 6 12/6/2021 12/6/2021 11/6/2031 NAP 0
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%                    
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%                    
23.03 Property   1 97 North Sea Road 0.3%                    
24 Loan 8, 77 1 Centene 1.7% 0 0 5/4/2021 6 5 6/5/2021 NAP 5/5/2031 NAP 0
25 Loan 78, 79 1 Reside Market Street 1.5% 360 356 6/30/2021 4 5 8/5/2021 8/5/2021 7/5/2031 NAP 0
26 Loan 80, 81 1 477 Rodeo 1.5% 0 0 8/27/2021 2 5 10/5/2021 NAP 9/5/2031 NAP 0
27 Loan   1 Carrington Court Apartments 1.2% 360 354 4/8/2021 6 5 6/5/2021 6/5/2021 5/5/2031 NAP 0
28 Loan   1 Villa Adora 1.1% 0 0 9/14/2021 1 5 11/5/2021 NAP 10/5/2031 NAP 0
29 Loan 82 1 Temecula Creek Plaza 1.1% 0 0 10/15/2021 0 5 12/5/2021 NAP 11/5/2031 NAP 0
30 Loan   1 Times Square Apartments 1.1% 0 0 6/23/2021 4 5 8/5/2021 NAP 7/5/2031 NAP 0
31 Loan 83 1 2400 Hudson 1.1% 0 0 10/12/2021 0 5 12/5/2021 NAP 11/5/2031 NAP 0
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 0 0 9/13/2021 1 5 11/5/2021 NAP 10/5/2031 NAP 0
33 Loan   1 Jupiter Park Self Storage 0.9% 360 360 7/27/2021 3 6 9/6/2021 9/6/2026 8/6/2031 NAP 0
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 0 0 5/26/2021 5 5 7/5/2021 NAP 6/5/2031 NAP 0
35 Loan 87 1 Northgate 0.5% 360 360 5/10/2021 5 5 7/5/2021 7/5/2023 6/5/2031 NAP 0

A-1-5

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($) Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date Most Recent Description Second Most Recent EGI ($)
              3            
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 0 L(24),DorYM1(89),O(7) NAV NAV NAV NAV NAV NAV
2 Loan 18, 19 1 50 Horseblock 6.4% 0 L(23),YM1(12),DorYM1(80),O(5) NAV NAV NAV NAV NAV NAV
3 Loan 20, 21, 22 1 Rox San 5.7% 0 L(35),D(45),O(4) 4,706,525 1,403,195 3,303,330 3/31/2021 T-12 4,686,632
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 0 L(24),D(89),O(7) NAV NAV NAV NAV NAV NAV
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 0 L(25),D(91),O(4) 9,426,667 2,103,305 7,323,362 6/30/2021 T-12 9,733,855
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 0 L(27),D(89),O(4) 17,664,651 8,409,886 9,254,766 4/30/2021 T-12 17,372,656
6.01 Property   1 Research Place 1.3%     4,236,806 2,151,455 2,085,351 4/30/2021 T-12 4,262,193
6.02 Property   1 Research Park Office Center 1.1%     3,353,872 1,292,352 2,061,520 4/30/2021 T-12 3,229,387
6.03 Property   1 Regions Center 1.1%     3,529,057 1,638,266 1,890,792 4/30/2021 T-12 3,436,531
6.04 Property   1 301 Voyager Way 0.8%     1,929,126 889,278 1,039,848 4/30/2021 T-12 1,896,262
6.05 Property   1 Intuitive Center I & II 0.6%     2,581,328 1,324,780 1,256,549 4/30/2021 T-12 2,574,567
6.06 Property   1 Lakeside Center I & II 0.5%     2,034,462 1,113,756 920,706 4/30/2021 T-12 1,973,716
7 Loan   1 Venice Crossroads 4.9% 0 L(28),D(87),O(5) 6,489,530 1,773,009 4,716,521 4/30/2021 T-12 6,440,211
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 0 L(36),D(77),O(7) 48,328,349 19,224,204 29,104,145 12/31/2020 T-12 63,982,892
9 Loan 45, 46 1 Marina Pacifica 3.6% 0 L(25),YM1(57),O(4) 6,924,725 2,492,772 4,431,953 5/31/2021 T-12 7,062,664
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 0 L(29),D(51),O(4) 8,680,540 2,859,435 5,821,105 3/31/2021 T-12 8,591,324
11 Loan   1 Tanglewood Apartments 3.3% 0 L(35),D(81),O(4) 4,315,835 1,706,922 2,608,912 8/31/2021 T-12 4,093,006
12 Loan 52 1 Axis Apartments and Lofts 2.9% 0 L(24),DorYM1(91),O(5) 2,558,694 1,151,147 1,407,548 6/30/2021 T-12 NAV
13 Loan   1 Shops of Wisconsin 2.9% 0 L(35),D(80),O(5) 2,656,001 774,464 1,881,538 4/30/2021 T-12 2,682,883
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 0 L(27),D(89),O(4) NAV NAV NAV NAV NAV NAV
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 0 YM(27),DorYM(51),O(6) 66,971,660 15,563,367 51,408,293 4/30/2021 T-12 61,913,927
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 0 L(26),D(91),O(3) 3,350,550 1,540,291 1,810,259 8/31/2021 T-12 1,677,523
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 0 L(31),D(49),O(4) 11,412,304 3,353,222 8,059,082 12/31/2020 T-12 13,654,879
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 0 L(27),D(88),O(5) 2,569,769 661,403 1,908,367 5/31/2021 T-12 2,448,312
19 Loan   1 93 East Apartments 2.3% 0 L(29),D(87),O(4) 2,585,443 986,935 1,598,508 4/30/2021 T-12 2,558,784
20 Loan 70 1 Cabelas 2.2% 0 L(24),D(92),O(4) NAV NAV NAV NAV NAV NAV
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 0 L(25),D(91),O(4) 2,179,509 575,938 1,603,570 2/28/2021 T-2 Ann 2,353,292
22 Loan   1 Falls of West Oaks 2.1% 0 L(29),D(87),O(4) 2,872,175 1,357,421 1,514,754 3/31/2021 T-12 2,794,289
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 0 L(24),D(92),O(4) 1,529,606 369,673 1,159,933 6/30/2021 T-12 1,086,744
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%     422,067 84,725 337,342 6/30/2021 T-12 NAV
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%     876,819 251,613 625,206 6/30/2021 T-12 857,494
23.03 Property   1 97 North Sea Road 0.3%     230,719 33,335 197,384 6/30/2021 T-12 229,250
24 Loan 8, 77 1 Centene 1.7% 0 L(30),D(84),O(6) NAV NAV NAV NAV NAV NAV
25 Loan 78, 79 1 Reside Market Street 1.5% 0 L(40),D(76),O(4) 1,223,010 259,577 963,433 7/31/2021 T-12 1,230,943
26 Loan 80, 81 1 477 Rodeo 1.5% 0 L(26),D(89),O(5) 1,421,073 331,369 1,089,704 6/30/2021 T-12 1,388,164
27 Loan   1 Carrington Court Apartments 1.2% 0 L(30),D(86),O(4) 1,692,147 647,259 1,044,888 2/28/2021 T-12 1,671,381
28 Loan   1 Villa Adora 1.1% 0 L(37),D(79),O(4) 2,358,936 1,369,567 989,369 7/31/2021 T-12 2,398,074
29 Loan 82 1 Temecula Creek Plaza 1.1% 0 L(24),D(92),O(4) 1,590,402 453,673 1,136,729 8/31/2021 T-12 1,511,479
30 Loan   1 Times Square Apartments 1.1% 0 L(28),D(88),O(4) 1,464,874 583,692 881,181 3/31/2021 T-12 1,468,100
31 Loan 83 1 2400 Hudson 1.1% 0 L(36),D(80),O(4) NAV NAV NAV NAV NAV NAV
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 0 L(35),D(81),O(4) 545,791 110,093 435,698 7/31/2021 T-3 Ann NAV
33 Loan   1 Jupiter Park Self Storage 0.9% 0 L(27),D(88),O(5) 1,110,521 413,264 697,257 6/30/2021 T-12 962,242
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 0 L(29),D(87),O(4) 586,223 163,813 422,410 3/31/2021 T-12 454,192
35 Loan 87 1 Northgate 0.5% 0 L(29),D(88),O(3) 515,981 211,451 304,530 3/31/2021 T-12 NAV

A-1-6

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description
                             
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAV NAV NAV NAV NAV NAV NAV NAV NAV
2 Loan 18, 19 1 50 Horseblock 6.4% NAV NAV NAV NAV NAV NAV NAV NAV NAV
3 Loan 20, 21, 22 1 Rox San 5.7% 1,190,763 3,495,869 12/31/2020 T-12 5,040,115 1,346,042 3,694,073 12/31/2019 T-12
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAV NAV NAV NAV NAV NAV NAV NAV NAV
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 2,115,805 7,618,050 12/31/2020 T-12 8,035,372 2,181,126 5,854,246 12/31/2019 T-12
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 8,249,274 9,123,382 12/31/2020 T-10 Ann 16,389,145 8,885,023 7,504,122 12/31/2019 T-12
6.01 Property   1 Research Place 1.3% 2,100,175 2,162,017 12/31/2020 T-10 Ann 3,828,667 2,040,665 1,788,003 12/31/2019 T-12
6.02 Property   1 Research Park Office Center 1.1% 1,286,599 1,942,787 12/31/2020 T-10 Ann 2,903,730 1,435,935 1,467,795 12/31/2019 T-12
6.03 Property   1 Regions Center 1.1% 1,612,136 1,824,396 12/31/2020 T-10 Ann 3,099,254 1,794,646 1,304,608 12/31/2019 T-12
6.04 Property   1 301 Voyager Way 0.8% 859,084 1,037,178 12/31/2020 T-10 Ann 1,888,894 879,335 1,009,559 12/31/2019 T-12
6.05 Property   1 Intuitive Center I & II 0.6% 1,305,226 1,269,341 12/31/2020 T-10 Ann 2,395,211 1,445,953 949,258 12/31/2019 T-12
6.06 Property   1 Lakeside Center I & II 0.5% 1,086,054 887,662 12/31/2020 T-10 Ann 2,273,388 1,288,490 984,898 12/31/2019 T-12
7 Loan   1 Venice Crossroads 4.9% 1,726,336 4,713,875 12/31/2020 T-12 5,547,687 1,801,170 3,746,517 12/31/2019 T-12
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 22,487,940 41,494,952 12/31/2019 T-12 63,904,028 22,030,551 41,873,477 12/31/2018 T-12
9 Loan 45, 46 1 Marina Pacifica 3.6% 2,300,631 4,762,033 12/31/2020 T-12 8,597,566 2,857,253 5,740,313 12/31/2019 T-12
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 2,922,878 5,668,446 12/31/2020 T-12 8,366,227 3,076,169 5,290,058 12/31/2019 T-12
11 Loan   1 Tanglewood Apartments 3.3% 1,668,539 2,424,467 12/31/2020 T-12 3,860,073 1,515,369 2,344,704 12/31/2019 T-12
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAV NAV NAV NAV NAV NAV NAV NAV NAV
13 Loan   1 Shops of Wisconsin 2.9% 763,636 1,919,248 12/31/2020 T-12 2,627,359 564,398 2,062,962 12/31/2019 T-12
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAV NAV NAV NAV NAV NAV NAV NAV NAV
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 14,956,452 46,957,475 12/31/2020 T-12 39,444,461 14,448,761 24,995,700 12/31/2019 T-12
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 954,680 722,843 12/31/2020 T-12 NAV NAV NAV NAV NAV
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 1,656,081 11,998,799 12/31/2019 T-12 13,618,149 1,336,267 12,281,882 12/31/2018 T-12
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 646,468 1,801,844 12/31/2020 T-12 2,319,325 595,006 1,724,319 12/31/2019 T-12
19 Loan   1 93 East Apartments 2.3% 974,457 1,584,327 12/31/2020 T-12 2,438,340 956,063 1,482,277 12/31/2019 T-6 Ann
20 Loan 70 1 Cabelas 2.2% NAV NAV NAV NAV NAV NAV NAV NAV NAV
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 622,729 1,730,563 12/31/2020 T-12 2,049,729 567,857 1,481,871 12/31/2019 T-12
22 Loan   1 Falls of West Oaks 2.1% 1,340,552 1,453,737 12/31/2020 T-12 2,576,276 1,247,210 1,329,066 12/31/2019 T-12
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 321,242 765,502 12/31/2020 T-12 884,526 313,634 570,893 12/31/2019 T-12
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% NAV NAV NAV NAV NAV NAV NAV NAV NAV
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% 284,798 572,696 12/31/2020 T-12 659,928 278,211 381,718 12/31/2019 T-12
23.03 Property   1 97 North Sea Road 0.3% 36,444 192,806 12/31/2020 T-12 224,598 35,423 189,175 12/31/2019 T-12
24 Loan 8, 77 1 Centene 1.7% NAV NAV NAV NAV NAV NAV NAV NAV NAV
25 Loan 78, 79 1 Reside Market Street 1.5% 323,804 907,139 12/31/2020 T-12 1,177,361 311,296 866,065 12/31/2019 T-12
26 Loan 80, 81 1 477 Rodeo 1.5% 336,146 1,052,018 12/31/2020 T-12 1,529,497 341,829 1,187,668 12/31/2019 T-12
27 Loan   1 Carrington Court Apartments 1.2% 658,835 1,012,546 12/31/2020 T-12 1,578,345 681,161 897,184 12/31/2019 T-12
28 Loan   1 Villa Adora 1.1% 1,323,901 1,074,173 12/31/2020 T-12 2,447,480 1,265,145 1,182,335 12/31/2019 T-12
29 Loan 82 1 Temecula Creek Plaza 1.1% 443,104 1,068,375 12/31/2020 T-12 1,488,009 428,886 1,059,124 12/31/2019 T-12
30 Loan   1 Times Square Apartments 1.1% 589,700 878,400 12/31/2020 T-12 1,424,780 622,015 802,765 12/31/2019 T-12
31 Loan 83 1 2400 Hudson 1.1% NAV NAV NAV NAV NAV NAV NAV NAV NAV
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAV NAV NAV NAV NAV NAV NAV NAV NAV
33 Loan   1 Jupiter Park Self Storage 0.9% 381,925 580,317 12/31/2020 T-12 1,064,584 373,141 691,442 12/31/2019 T-12
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 160,933 293,259 12/31/2020 T-12 NAV NAV NAV NAV NAV
35 Loan 87 1 Northgate 0.5% NAV NAV NAV NAV NAV NAV NAV NAV NAV

A-1-7

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x)
                          4
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 98.5% 92,929,288 12,225,756 80,703,532 137,285 0 80,566,247 3.50
2 Loan 18, 19 1 50 Horseblock 6.4% 95.0% 6,151,178 864,229 5,286,949 42,505 68,716 5,175,728 2.76
3 Loan 20, 21, 22 1 Rox San 5.7% 97.0% 5,758,697 1,794,797 3,963,899 11,533 -11,483 3,963,849 2.28
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 95.0% 19,193,177 6,025,100 13,168,077 0 0 13,168,077 5.00
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 93.2% 10,276,791 2,265,279 8,011,513 61,178 398,772 7,551,563 2.52
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 92.6% 17,872,284 8,526,222 9,346,062 290,828 1,057,571 7,997,664 2.19
6.01 Property   1 Research Place 1.3% 89.6% 4,436,520 2,168,968 2,267,551 15,910 270,322 1,981,319  
6.02 Property   1 Research Park Office Center 1.1% 92.2% 3,335,052 1,326,018 2,009,033 69,732 222,794 1,716,507  
6.03 Property   1 Regions Center 1.1% 93.2% 3,490,504 1,669,424 1,821,081 71,871 176,529 1,572,681  
6.04 Property   1 301 Voyager Way 0.8% 100.0% 2,018,081 900,262 1,117,819 16,485 121,755 979,579  
6.05 Property   1 Intuitive Center I & II 0.6% 98.9% 2,626,357 1,330,642 1,295,714 57,090 150,442 1,088,182  
6.06 Property   1 Lakeside Center I & II 0.5% 85.0% 1,965,771 1,130,907 834,864 59,740 115,729 659,395  
7 Loan   1 Venice Crossroads 4.9% 94.4% 6,306,039 2,057,464 4,248,575 41,033 32,819 4,174,723 3.15
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 95.1% 64,364,071 22,017,611 42,346,460 203,495 1,300,701 40,842,264 3.75
9 Loan 45, 46 1 Marina Pacifica 3.6% 95.0% 9,475,109 3,149,741 6,325,367 71,334 297,227 5,956,806 1.58
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 88.9% 9,308,176 3,041,693 6,266,483 84,984 117,401 6,064,099 2.18
11 Loan   1 Tanglewood Apartments 3.3% 95.0% 4,426,553 1,685,616 2,740,938 115,200 0 2,625,738 2.35
12 Loan 52 1 Axis Apartments and Lofts 2.9% 96.0% 3,273,643 1,147,203 2,126,440 48,000 0 2,078,440 2.02
13 Loan   1 Shops of Wisconsin 2.9% 88.3% 2,864,275 755,262 2,109,013 12,084 -243 2,097,172 2.28
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 95.0% 17,705,262 4,643,949 13,061,313 6,997 0 12,968,066 2.84
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 95.9% 83,142,799 19,231,486 63,911,313 15,738 566,788 63,328,788 4.92
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 95.0% 5,474,149 1,584,898 3,889,248 70,500 0 3,818,750 2.03
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 92.5% 10,582,368 3,449,559 7,132,809 102,388 365,672 6,664,749 2.42
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 95.0% 2,397,480 513,033 1,884,447 6,846 109,966 1,767,635 2.81
19 Loan   1 93 East Apartments 2.3% 95.0% 2,688,479 1,048,331 1,640,148 48,750 0 1,591,398 1.83
20 Loan 70 1 Cabelas 2.2% 95.0% 2,915,100 677,248 2,237,852 27,095 -35,488 2,246,244 2.51
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 96.0% 2,538,125 716,454 1,821,670 15,988 67,488 1,738,195 1.71
22 Loan   1 Falls of West Oaks 2.1% 93.3% 2,931,290 1,391,793 1,539,497 63,360 0 1,476,137 1.41
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 95.0% 2,110,924 483,290 1,627,632 14,832 78,537 1,534,263 1.68
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% 95.0% 1,014,141 130,016 884,124 7,850 43,628 832,646  
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% 95.0% 870,012 308,109 561,902 5,779 28,894 527,229  
23.03 Property   1 97 North Sea Road 0.3% 95.0% 226,771 45,165 181,606 1,203 6,015 174,388  
24 Loan 8, 77 1 Centene 1.7% 95.0% 6,993,609 2,810,270 4,183,339 29,197 145,983 4,008,160 2.58
25 Loan 78, 79 1 Reside Market Street 1.5% 95.0% 1,439,696 322,686 1,117,010 20,232 9,960 1,086,818 1.40
26 Loan 80, 81 1 477 Rodeo 1.5% 95.0% 1,717,455 360,905 1,356,549 2,966 4,828 1,348,756 3.18
27 Loan   1 Carrington Court Apartments 1.2% 98.1% 1,653,510 656,934 996,576 41,184 0 955,392 1.67
28 Loan   1 Villa Adora 1.1% 97.8% 2,502,052 1,504,732 997,320 86,450 0 910,870 2.85
29 Loan 82 1 Temecula Creek Plaza 1.1% 90.3% 1,678,768 582,879 1,095,889 22,484 33,132 1,040,274 3.01
30 Loan   1 Times Square Apartments 1.1% 97.8% 1,511,476 614,557 896,919 28,800 0 868,119 2.33
31 Loan 83 1 2400 Hudson 1.1% 95.0% 3,610,697 1,064,136 2,546,561 34,750 0 2,511,811 8.36
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 95.0% 931,551 240,218 691,333 9,000 0 682,333 2.15
33 Loan   1 Jupiter Park Self Storage 0.9% 67.6% 1,211,673 475,573 736,100 9,807 0 726,294 1.57
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 97.4% 791,983 227,270 564,712 10,500 0 554,212 2.14
35 Loan 87 1 Northgate 0.5% 95.9% 602,591 219,239 383,353 15,400 0 367,953 1.42

A-1-8

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Underwritten NCF DSCR (x) Underwritten NOI Debt Yield (%) Underwritten NCF Debt Yield (%) Appraised Value ($) Appraised Value Type Appraisal Date Cut-off Date LTV Ratio (%) LTV Ratio at Maturity / ARD (%) Leased Occupancy (%)
            4               5
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 3.50 9.9% 9.9% 1,954,000,000 Prospective Market Value Upon Completion & Stabilization 4/1/2023 41.7% 41.7% 100.0%
2 Loan 18, 19 1 50 Horseblock 6.4% 2.70 9.0% 8.8% 91,300,000 As Is 4/28/2021 64.6% 64.6% 100.0%
3 Loan 20, 21, 22 1 Rox San 5.7% 2.28 7.6% 7.6% 80,000,000 As Is 4/21/2021 65.0% 65.0% 97.9%
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 5.00 13.0% 13.0% 254,000,000 As Stabilized 3/1/2023 40.0% 40.0% 98.3%
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 2.37 8.9% 8.4% 164,000,000 As Is 6/16/2021 54.9% 54.9% 93.7%
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 1.88 11.7% 10.0% 116,550,000 As Is Various 68.3% 53.3% 92.6%
6.01 Property   1 Research Place 1.3%       29,000,000 As Is 5/26/2021     89.6%
6.02 Property   1 Research Park Office Center 1.1%       24,600,000 As Is 5/26/2021     92.3%
6.03 Property   1 Regions Center 1.1%       22,700,000 As Is 5/26/2021     93.3%
6.04 Property   1 301 Voyager Way 0.8%       17,150,000 As Is 5/26/2021     100.0%
6.05 Property   1 Intuitive Center I & II 0.6%       12,800,000 As Is 5/26/2021     99.0%
6.06 Property   1 Lakeside Center I & II 0.5%       10,300,000 As Is 5/25/2021     85.0%
7 Loan   1 Venice Crossroads 4.9% 3.09 9.4% 9.3% 82,000,000 As Is 2/17/2021 55.0% 55.0% 98.4%
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 3.61 12.3% 11.9% 647,000,000 As Is 1/12/2021 53.0% 53.0% 92.2%
9 Loan 45, 46 1 Marina Pacifica 3.6% 1.48 19.1% 18.0% 97,000,000 As Is 5/29/2021 34.1% 11.2% 96.6%
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 2.11 9.1% 8.9% 111,300,000 As Is 4/8/2021 61.5% 61.5% 89.8%
11 Loan   1 Tanglewood Apartments 3.3% 2.25 9.1% 8.8% 46,000,000 As Is 7/26/2021 65.2% 65.2% 97.9%
12 Loan 52 1 Axis Apartments and Lofts 2.9% 1.97 7.9% 7.7% 39,800,000 As Is 4/23/2021 67.8% 67.8% 97.9%
13 Loan   1 Shops of Wisconsin 2.9% 2.27 7.9% 7.8% 40,900,000 As Is 5/7/2021 65.4% 65.4% 87.4%
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 2.82 9.9% 9.9% 217,000,000 As Is 4/6/2021 60.6% 60.6% 99.0%
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 4.88 13.6% 13.5% 1,350,000,000 As Is 6/10/2021 34.8% 34.8% 92.5%
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 2.00 7.8% 7.6% 72,900,000 As Is 6/18/2021 68.6% 68.6% 96.1%
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 2.26 10.5% 9.8% 110,500,000 As Is 3/10/2021 61.5% 61.5% 100.0%
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 2.64 9.0% 8.4% 40,000,000 As Is 6/24/2021 52.5% 52.5% 100.0%
19 Loan   1 93 East Apartments 2.3% 1.78 7.8% 7.6% 33,050,000 As Is 4/30/2021 63.5% 63.5% 97.9%
20 Loan 70 1 Cabelas 2.2% 2.52 11.2% 11.2% 38,450,000 As Is 6/9/2021 52.0% 52.0% 100.0%
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 1.63 9.3% 8.8% 29,300,000 As Is 4/12/2021 67.1% 55.8% 100.0%
22 Loan   1 Falls of West Oaks 2.1% 1.35 7.9% 7.6% 27,400,000 As Is 1/28/2021 71.2% 57.9% 93.4%
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 1.58 9.2% 8.7% 24,550,000 As Is Various 72.0% 56.5% 100.0%
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%       14,200,000 As Is 6/14/2021     100.0%
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%       7,000,000 As Is 6/14/2021     100.0%
23.03 Property   1 97 North Sea Road 0.3%       3,350,000 As Is 9/1/2021     100.0%
24 Loan 8, 77 1 Centene 1.7% 2.47 8.9% 8.6% 78,700,000 As Is 3/9/2021 59.5% 59.5% 100.0%
25 Loan 78, 79 1 Reside Market Street 1.5% 1.36 7.9% 7.7% 19,050,000 As Is 4/13/2021 74.1% 58.9% 99.0%
26 Loan 80, 81 1 477 Rodeo 1.5% 3.16 9.7% 9.6% 25,000,000 As Is 6/29/2021 56.0% 56.0% 95.3%
27 Loan   1 Carrington Court Apartments 1.2% 1.60 9.1% 8.8% 16,500,000 As Is 3/4/2021 66.1% 52.1% 98.1%
28 Loan   1 Villa Adora 1.1% 2.60 9.5% 8.7% 18,800,000 As Is 7/29/2021 55.9% 55.9% 97.7%
29 Loan 82 1 Temecula Creek Plaza 1.1% 2.86 10.6% 10.1% 20,000,000 As Is 8/22/2021 51.6% 51.6% 90.3%
30 Loan   1 Times Square Apartments 1.1% 2.25 8.8% 8.5% 14,570,000 As Is 5/17/2021 70.0% 70.0% 97.9%
31 Loan 83 1 2400 Hudson 1.1% 8.24 25.5% 25.1% 45,300,000 Rental Fallback 8/3/2021 22.1% 22.1% 95.7%
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 2.12 8.1% 8.0% 14,600,000 As Is 6/10/2021 58.2% 65.1% 97.2%
33 Loan   1 Jupiter Park Self Storage 0.9% 1.55 8.8% 8.6% 12,200,000 As Is 5/24/2021 68.9% 62.3% 79.1%
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 2.10 8.7% 8.5% 9,300,000 As Is 3/10/2021 69.9% 69.9% 97.6%
35 Loan 87 1 Northgate 0.5% 1.37 8.7% 8.4% 6,100,000 As Is 3/24/2021 72.1% 61.7% 96.1%

A-1-9

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Occupancy Date Single Tenant (Y/N) Largest Tenant Largest Tenant SF Largest Tenant % of NRA Largest Tenant Lease Expiration Date Second Largest Tenant
                      6  
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 10/14/2021 Yes Aventis Inc. 915,233 100.0% 11/30/2036 NAP
2 Loan 18, 19 1 50 Horseblock 6.4% 11/5/2021 Yes Amneal Pharmaceuticals LLC 472,278 100.0% 6/30/2043 NAP
3 Loan 20, 21, 22 1 Rox San 5.7% 6/15/2021 No Radnet Management Inc 6,132 10.6% 6/30/2023 Dermatology Assoc Med Group
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 10/20/2021 Yes Nokia Corp 227,220 98.3% 6/30/2034 NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 3/31/2021 No LA Fitness 65,000 21.2% 1/31/2037 Target
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4%              
6.01 Property   1 Research Place 1.3% 5/21/2021 No Northrop Grumman Space & Mission Systems 224,203 81.3% 6/30/2025 GSA Dept of Army Activities
6.02 Property   1 Research Park Office Center 1.1% 5/21/2021 No Northrop Grumman Space & Mission Systems 59,740 25.3% 6/30/2024 Simulation Technologies, Inc.
6.03 Property   1 Regions Center 1.1% 5/21/2021 No Regions Bank 46,687 30.1% 4/30/2024 Bradley Arant Boult Cummings LLP
6.04 Property   1 301 Voyager Way 0.8% 11/6/2021 Yes Northrop Grumman Space & Mission Systems 110,275 100.0% 2/28/2023 NAP
6.05 Property   1 Intuitive Center I & II 0.6% 5/21/2021 No Intuitive Research and Technology, LLC 57,415 42.7% 8/31/2027 Pinnacle Solutions, Inc.
6.06 Property   1 Lakeside Center I & II 0.5% 5/21/2021 No Dynetics, Inc 47,609 39.0% 11/30/2025 BAE Systems Technology Solutions & Services Inc
7 Loan   1 Venice Crossroads 4.9% 6/1/2021 No Sprouts Farmers Market, Inc. 52,437 33.2% 5/6/2023 Ashley Furniture
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 5/11/2021 No Nordstrom 206,197 25.5% 3/17/2035 Neiman Marcus
9 Loan 45, 46 1 Marina Pacifica 3.6% 8/31/2021 No Ralphs Grocery 45,695 15.4% 9/30/2029 American Multi-Cinema
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 4/30/2021 No RealPage, Inc. 46,118 10.3% 10/31/2026 Day & Zimmermann
11 Loan   1 Tanglewood Apartments 3.3% 10/11/2021 NAP NAP NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% 10/1/2021 NAP NAP NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% 5/1/2021 No Target 36,075 50.8% 1/31/2028 Trader Joe’s
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 7/14/2021 NAP NAP NAP NAP NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 6/1/2021 No Flatiron Health 223,402 28.4% 2/28/2031 Aetna
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 8/31/2021 NAP NAP NAP NAP NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 11/5/2021 Yes PetSmart Home Office, Inc. 365,672 100.0% 3/31/2032 NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 6/1/2021 No Montclare Children’s School 20,600 63.2% 9/30/2030 CVS Pharmacy
19 Loan   1 93 East Apartments 2.3% 7/31/2021 NAP NAP NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2% 11/5/2021 Yes Cabela’s 129,025 100.0% 5/31/2044 NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 11/6/2021 Yes CA OES 159,875 100.0% 6/30/2029 NAP
22 Loan   1 Falls of West Oaks 2.1% 3/31/2021 NAP NAP NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%              
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% 10/20/2021 No Farrell Building 17,851 45.8% 8/31/2034 7-Eleven
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% 10/20/2021 No North Shore Community Service 4,156 14.4% 3/31/2025 PPT Management
23.03 Property   1 97 North Sea Road 0.3% 10/20/2021 No Green Logic 1,881 31.3% 1/31/2023 Goldentree Asset Management LP
24 Loan 8, 77 1 Centene 1.7% 11/5/2021 Yes Centene 145,983 100.0% 11/30/2030 NAP
25 Loan 78, 79 1 Reside Market Street 1.5% 8/31/2021 No Bardea 5,273 44.3% 8/31/2031 Starbucks
26 Loan 80, 81 1 477 Rodeo 1.5% 7/1/2021 No Christian Louboutin 4,617 31.1% 9/30/2025 Jared Najjar
27 Loan   1 Carrington Court Apartments 1.2% 2/1/2021 NAP NAP NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1% 7/29/2021 NAP NAP NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% 10/1/2021 No CVS 15,671 23.0% 9/30/2027 PNC Bank (formerly BBVA Compass)
30 Loan   1 Times Square Apartments 1.1% 5/17/2021 NAP NAP NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1% 8/1/2021 NAP NAP NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 8/7/2021 NAP NAP NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% 6/30/2021 NAP NAP NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 3/31/2021 NAP NAP NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5% 4/2/2021 NAP NAP NAP NAP NAP NAP

A-1-10

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date
                6       6
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAP NAP NAP NAP NAP NAP NAP
2 Loan 18, 19 1 50 Horseblock 6.4% NAP NAP NAP NAP NAP NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% 5,283 9.2% 3/31/2022 Calvert Ent. Inc. 4,502 7.8% 9/30/2030
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAP NAP NAP NAP NAP NAP NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 61,965 20.3% 1/31/2036 Ross Dress For Less 27,003 8.8% 1/31/2030
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4%              
6.01 Property   1 Research Place 1.3% 17,582 6.4% 8/31/2031 Wiregrass Hospice LLC (Gentiva) 5,415 2.0% 7/31/2024
6.02 Property   1 Research Park Office Center 1.1% 30,699 13.0% 4/30/2026 Nou Systems, Inc. 26,320 11.1% 6/30/2026
6.03 Property   1 Regions Center 1.1% 21,491 13.9% 12/31/2021 Quadrus Corporation 8,246 5.3% 5/31/2023
6.04 Property   1 301 Voyager Way 0.8% NAP NAP NAP NAP NAP NAP NAP
6.05 Property   1 Intuitive Center I & II 0.6% 45,605 34.0% 4/30/2028 The Aerospace Corporation 13,143 9.8% 10/31/2022
6.06 Property   1 Lakeside Center I & II 0.5% 11,320 9.3% 1/31/2023 Jacobs Engineering Group Inc 9,494 7.8% 4/30/2026
7 Loan   1 Venice Crossroads 4.9% 36,700 23.3% 7/31/2028 Ross Stores, Inc. 30,450 19.3% 1/31/2024
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 143,196 17.7% 1/21/2027 Crate & Barrel 33,500 4.1% 1/31/2024
9 Loan 45, 46 1 Marina Pacifica 3.6% 44,107 14.8% 1/31/2027 LA Fitness 33,987 11.4% 3/18/2039
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 45,253 10.1% 3/1/2025 The Gordian Group 43,785 9.8% 6/30/2030
11 Loan   1 Tanglewood Apartments 3.3% NAP NAP NAP NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% 8,749 12.3% 6/30/2030 Fitology 3,219 4.5% 7/31/2030
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP NAP NAP NAP NAP NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 106,350 13.5% 7/31/2029 MAC 88,699 11.3% 3/31/2034
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP NAP NAP NAP NAP NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% NAP NAP NAP NAP NAP NAP NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 12,000 36.8% 9/30/2023 NAP NAP NAP NAP
19 Loan   1 93 East Apartments 2.3% NAP NAP NAP NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2% NAP NAP NAP NAP NAP NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Falls of West Oaks 2.1% NAP NAP NAP NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%              
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% 1,994 5.1% 3/14/2022 QuigleyArt 1,945 5.0% 4/30/2023
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% 3,223 11.2% 1/31/2023 Suffolk County ObGYN 3,058 10.6% 11/30/2021
23.03 Property   1 97 North Sea Road 0.3% 1,685 28.0% 4/30/2022 Axonic Capital 1,316 21.9% 9/30/2023
24 Loan 8, 77 1 Centene 1.7% NAP NAP NAP NAP NAP NAP NAP
25 Loan 78, 79 1 Reside Market Street 1.5% 2,883 24.2% 10/31/2026 Tom’s Dim Sum 2,031 17.1% 3/31/2025
26 Loan 80, 81 1 477 Rodeo 1.5% 1,445 9.7% 3/31/2022 Stavros Merjos 1,400 9.4% 8/31/2027
27 Loan   1 Carrington Court Apartments 1.2% NAP NAP NAP NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1% NAP NAP NAP NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% 3,863 5.7% 9/30/2022 Temecula Pizza Factory 3,661 5.4% 2/28/2031
30 Loan   1 Times Square Apartments 1.1% NAP NAP NAP NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1% NAP NAP NAP NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP NAP NAP NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% NAP NAP NAP NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP NAP NAP NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5% NAP NAP NAP NAP NAP NAP NAP

A-1-11

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date
                  6       6
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 18, 19 1 50 Horseblock 6.4% NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% Randal Haworth 3,922 6.8% 4/30/2025 Benjamin Talei MD 3,500 6.1% 3/31/2026
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% Smart & Final Stores LLC 24,000 7.8% 10/31/2036 CVS 14,200 4.6% 11/30/2061
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4%                
6.01 Property   1 Research Place 1.3% NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 Research Park Office Center 1.1% Redstone Federal Credit Union 24,455 10.3% 4/30/2023 Digiflight, Inc. 19,592 8.3% 4/30/2025
6.03 Property   1 Regions Center 1.1% Barge Design Solutions, Inc. 7,529 4.9% 2/28/2023 Etruck Biz, Inc. 4,999 3.2% 10/31/2022
6.04 Property   1 301 Voyager Way 0.8% NAP NAP NAP NAP NAP NAP NAP NAP
6.05 Property   1 Intuitive Center I & II 0.6% Gleason Research Associates 6,801 5.1% 8/31/2022 EFW, Inc. 3,766 2.8% 7/31/2022
6.06 Property   1 Lakeside Center I & II 0.5% Northrop Grumman Space & Mission Systems 6,016 4.9% 12/31/2021 Koda Technologies, Inc. 5,546 4.5% 1/31/2026
7 Loan   1 Venice Crossroads 4.9% CVS 18,018 11.4% 1/31/2023 JPMorgan Chase Bank 4,391 2.8% 8/31/2025
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% Arhaus 17,810 2.2% 6/30/2031 Urban Outfitters 10,424 1.3% 1/31/2023
9 Loan 45, 46 1 Marina Pacifica 3.6% Barnes & Noble Bookstore 30,023 10.1% 7/31/2024 Nordstrom Rack 24,080 8.1% 9/30/2025
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% Wood Group 42,648 9.5% 8/31/2023 Ogletree Deakins 41,508 9.3% 4/30/2024
11 Loan   1 Tanglewood Apartments 3.3% NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% Ben Manesh DDS V, P.C. 3,133 4.4% 1/31/2025 TK Martial Arts 2,586 3.6% 8/31/2029
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% Warby Parker 83,286 10.6% 1/31/2025 Juul Labs 54,068 6.9% 5/31/2032
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan   1 93 East Apartments 2.3% NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2% NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Falls of West Oaks 2.1% NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%                
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% Warren S. Neidich 1,945 5.0% 11/30/2021 Shepard Co. 1,906 4.9% 4/6/2026
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% LI Rheumatology & Osteoporosis 2,961 10.2% 6/30/2022 St. Charles Hospital 2,200 7.6% 9/30/2026
23.03 Property   1 97 North Sea Road 0.3% Investors Bank 1,133 18.8% 7/21/2025 NAP NAP NAP NAP
24 Loan 8, 77 1 Centene 1.7% NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 78, 79 1 Reside Market Street 1.5% Merchant Bar 1,715 14.4% 5/31/2031 NAP NAP NAP NAP
26 Loan 80, 81 1 477 Rodeo 1.5% Bang and Olufsen 1,320 8.9% 11/30/2021 John Kelly Foods Inc. 980 6.6% 10/31/2025
27 Loan   1 Carrington Court Apartments 1.2% NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1% NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% Hot Food, Inc 2,748 4.0% 3/31/2022 Francesca’s Italian 2,649 3.9% 8/31/2025
30 Loan   1 Times Square Apartments 1.1% NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1% NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5% NAP NAP NAP NAP NAP NAP NAP NAP

A-1-12

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms
                             
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 9/23/2021 NAP 10/12/2021 NAP NAP No Fee NAP NAP
2 Loan 18, 19 1 50 Horseblock 6.4% 1/21/2021 NAP 1/21/2021 NAP NAP No Fee NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% 5/4/2021 NAP 5/3/2021 5/3/2021 13% No Fee NAP NAP
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 6/15/2021 NAP 6/15/2021 6/15/2021 10% No Leasehold 6/30/2116 None
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 6/24/2021 NAP 6/24/2021 6/24/2021 12% No Fee / Leasehold 3/31/2041 1, 29-year extension option
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4%               11/6/2106 None
6.01 Property   1 Research Place 1.3% 6/2/2021 NAP 6/2/2021 NAP NAP No Leasehold NAV NAV
6.02 Property   1 Research Park Office Center 1.1% 6/2/2021 NAP 6/2/2021 NAP NAP No Leasehold NAV NAV
6.03 Property   1 Regions Center 1.1% 6/1/2021 NAP 6/2/2021 NAP NAP No Leasehold NAV NAV
6.04 Property   1 301 Voyager Way 0.8% 6/1/2021 NAP 6/2/2021 NAP NAP No Leasehold NAV NAV
6.05 Property   1 Intuitive Center I & II 0.6% 6/1/2021 NAP 6/2/2021 NAP NAP No Leasehold NAV NAV
6.06 Property   1 Lakeside Center I & II 0.5% 6/1/2021 NAP 6/2/2021 NAP NAP No Leasehold NAV NAV
7 Loan   1 Venice Crossroads 4.9% 3/12/2021 NAP 3/12/2021 3/12/2021 15% No Fee NAP NAP
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 1/6/2020 NAP 1/6/2020 NAP NAP No Fee / Leasehold 12/30/2091 None
9 Loan 45, 46 1 Marina Pacifica 3.6% 6/1/2021 NAP 5/28/2021 5/28/2021 11% No Leasehold 3/19/2039 None
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 12/15/2020 NAP 12/15/2020 NAP NAP No Fee NAP NAP
11 Loan   1 Tanglewood Apartments 3.3% 8/4/2021 NAP 8/4/2021 NAP NAP Yes - AE Fee NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% 4/29/2021 NAP 4/29/2021 NAP NAP No Fee NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% 12/30/2020 NAP 12/29/2020 NAP NAP No Fee NAP NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 5/7/2021 NAP 7/9/2021 NAP NAP Yes - AE Fee NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 6/18/2021 NAP 6/18/2021 NAP NAP No Fee NAP NAP
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 6/25/2021 NAP 6/25/2021 NAP NAP No Fee NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 3/15/2021 NAP 3/15/2021 NAP NAP No Fee NAP NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 7/14/2021 NAP 7/14/2021 NAP NAP No Fee NAP NAP
19 Loan   1 93 East Apartments 2.3% 5/20/2021 NAP 5/21/2021 NAP NAP Yes - AE Fee NAP NAP
20 Loan 70 1 Cabelas 2.2% 6/7/2021 NAP 6/7/2021 6/14/2021 9% No Fee NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 4/19/2021 NAP 4/19/2021 4/19/2021 8% No Fee NAP NAP
22 Loan   1 Falls of West Oaks 2.1% 4/21/2021 NAP 4/21/2021 NAP NAP Yes - AE Fee NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%                  
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% 7/13/2021 NAP 6/26/2021 NAP NAP No Fee NAP NAP
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% 6/24/2021 NAP 6/25/2021 NAP NAP No Fee NAP NAP
23.03 Property   1 97 North Sea Road 0.3% 9/7/2021 NAP 9/7/2021 NAP NAP No Fee NAP NAP
24 Loan 8, 77 1 Centene 1.7% 3/5/2021 NAP 3/5/2021 NAP NAP Yes - AH Fee NAP NAP
25 Loan 78, 79 1 Reside Market Street 1.5% 4/14/2021 NAP 4/14/2021 NAP NAP No Fee NAP NAP
26 Loan 80, 81 1 477 Rodeo 1.5% 7/8/2021 NAP 7/8/2021 7/8/2021 17% No Fee NAP NAP
27 Loan   1 Carrington Court Apartments 1.2% 3/16/2021 NAP 3/16/2021 NAP NAP No Fee NAP NAP
28 Loan   1 Villa Adora 1.1% 8/11/2021 NAP 8/11/2021 NAP NAP Yes - AE Fee NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% 8/26/2021 NAP 7/26/2021 9/21/2021 11% Yes - AE Fee NAP NAP
30 Loan   1 Times Square Apartments 1.1% 3/17/2021 NAP 3/17/2021 NAP NAP No Fee NAP NAP
31 Loan 83 1 2400 Hudson 1.1% 7/29/2021 NAP 7/29/2021 NAP NAP No Fee NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 6/29/2021 NAP 7/2/2021 6/29/2021 7% No Fee NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% 6/3/2021 NAP 6/3/2021 NAP NAP No Fee NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 4/8/2021 NAP 4/9/2021 NAP NAP No Fee NAP NAP
35 Loan 87 1 Northgate 0.5% 4/6/2021 NAP 4/6/2021 NAP NAP No Fee NAP NAP

A-1-13

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($) Upfront Replacement / PIP Reserve ($) Monthly Replacement / FF&E Reserve ($)
                           
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAP NAP 0 Springing 0 Springing 0 0
2 Loan 18, 19 1 50 Horseblock 6.4% NAP NAP 0 Springing 0 Springing 0 0
3 Loan 20, 21, 22 1 Rox San 5.7% NAP NAP 261,753 32,719 0 4,391 0 1,201
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 1,510,968 No 0 Springing 0 Springing 0 Springing
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 12 No 469,292 52,144 0 Springing 0 8,412
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 3,452,788 Yes 887,153 80,650 92,901 13,272 0 24,236
6.01 Property   1 Research Place 1.3% NAV NAV            
6.02 Property   1 Research Park Office Center 1.1% NAV NAV            
6.03 Property   1 Regions Center 1.1% NAV NAV            
6.04 Property   1 301 Voyager Way 0.8% NAV NAV            
6.05 Property   1 Intuitive Center I & II 0.6% NAV NAV            
6.06 Property   1 Lakeside Center I & II 0.5% NAV NAV            
7 Loan   1 Venice Crossroads 4.9% NAP NAP 209,127 69,709 0 Springing 0 3,419
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 0 No 0 Springing 0 Springing 0 Springing
9 Loan 45, 46 1 Marina Pacifica 3.6% 150,000 No 507,312 61,567 0 Springing 0 5,945
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% NAP NAP 420,905 70,152 32,337 5,390 0 7,082
11 Loan   1 Tanglewood Apartments 3.3% NAP NAP 60,677 5,065 0 1,247 708,600 9,664
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP NAP 273,796 34,225 0 Springing 0 4,000
13 Loan   1 Shops of Wisconsin 2.9% NAP NAP 240,311 21,846 0 Springing 0 987
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP NAP 217,423 140,123 0 Springing 0 8,489
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% NAP NAP 0 Springing 0 Springing 0 Springing
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP NAP 415,753 38,750 63,059 Springing 0 5,875
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% NAP NAP 0 Springing 0 Springing 0 8,532
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% NAP NAP 86,872 28,957 55,107 4,239 0 571
19 Loan   1 93 East Apartments 2.3% NAP NAP 213,245 21,325 7,302 9,599 0 4,046
20 Loan 70 1 Cabelas 2.2% NAP NAP 0 Springing 0 Springing 0 Springing
21 Loan 71, 72 1 CAL OES Portfolio 2.1% NAP NAP 29,746 29,746 0 Springing 0 1,332
22 Loan   1 Falls of West Oaks 2.1% NAP NAP 216,981 43,396 110,323 19,158 0 5,280
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%     91,951 15,325 29,720 2,702 0 1,476
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% NAP NAP            
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% NAP NAP            
23.03 Property   1 97 North Sea Road 0.3% NAP NAP            
24 Loan 8, 77 1 Centene 1.7% NAP NAP 452,320 64,617 48,840 24,420 0 0
25 Loan 78, 79 1 Reside Market Street 1.5% NAP NAP 64,910 6,490 0 Springing 0 1,686
26 Loan 80, 81 1 477 Rodeo 1.5% NAP NAP 100,870 16,812 0 Springing 0 0
27 Loan   1 Carrington Court Apartments 1.2% NAP NAP 27,972 13,986 4,016 4,016 82,368 Springing
28 Loan   1 Villa Adora 1.1% NAP NAP 97,061 32,354 145,438 5,677 0 7,204
29 Loan 82 1 Temecula Creek Plaza 1.1% NAP NAP 142,202 20,315 7,493 Springing 0 1,874
30 Loan   1 Times Square Apartments 1.1% NAP NAP 84,089 15,690 0 4,125 57,600 2,400
31 Loan 83 1 2400 Hudson 1.1% NAP NAP 26,212 26,212 16,284 5,428 0 0
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP NAP 32,895 3,194 0 1,217 0 750
33 Loan   1 Jupiter Park Self Storage 0.9% NAP NAP 54,169 9,028 0 Springing 11,000 817
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP NAP 39,086 3,909 0 Springing 0 875
35 Loan 87 1 Northgate 0.5% NAP NAP 1,800 583 2,158 2,192 0 1,283

A-1-14

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Replacement Reserve Caps ($) Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($) TI/LC Caps ($) Upfront Debt Service Reserve ($) Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($) Upfront Deferred Maintenance Reserve ($)
                           
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 0 52,062,079 Springing 0 0 0 0 0
2 Loan 18, 19 1 50 Horseblock 6.4% 0 0 Springing 0 0 0 0 0
3 Loan 20, 21, 22 1 Rox San 5.7% 33,804 1,000,000 Springing 1,000,000 0 0 0 1,875
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 0 0 Springing 0 600,000 0 0 0
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 0 0 Springing 305,229 0 0 0 0
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 0 0 86,157 4,000,000 0 0 0 32,718
6.01 Property   1 Research Place 1.3%                
6.02 Property   1 Research Park Office Center 1.1%                
6.03 Property   1 Regions Center 1.1%                
6.04 Property   1 301 Voyager Way 0.8%                
6.05 Property   1 Intuitive Center I & II 0.6%                
6.06 Property   1 Lakeside Center I & II 0.5%                
7 Loan   1 Venice Crossroads 4.9% 500,000 1,250,000 Springing 1,250,000 0 0 0 0
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 543,990 0 Springing 2,322,930 0 0 0 0
9 Loan 45, 46 1 Marina Pacifica 3.6% 178,175 0 24,769 1,484,790 0 0 0 0
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 0 3,000,000 Springing 3,000,000 0 0 0 0
11 Loan   1 Tanglewood Apartments 3.3% 0 0 0 0 0 0 0 291,400
12 Loan 52 1 Axis Apartments and Lofts 2.9% 0 0 0 0 0 0 0 0
13 Loan   1 Shops of Wisconsin 2.9% 0 500,000 0 0 0 0 0 23,070
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 0 0 0 0 0 0 0 0
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 150,000 0 Springing 1,500,000 0 0 0 0
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 0 0 0 0 0 0 0 0
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 0 0 30,473 0 0 0 0 146,929
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 0 500,000 4,167 0 0 0 0 0
19 Loan   1 93 East Apartments 2.3% 0 0 0 0 0 0 0 12,188
20 Loan 70 1 Cabelas 2.2% 0 1,000,000 Springing 0 0 0 0 0
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 0 0 Springing 799,375 0 0 0 0
22 Loan   1 Falls of West Oaks 2.1% 0 0 0 0 0 0 0 197,163
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 0 0 13,090 175,000 0 0 0 0
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%                
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%                
23.03 Property   1 97 North Sea Road 0.3%                
24 Loan 8, 77 1 Centene 1.7% 0 0 0 0 0 0 0 0
25 Loan 78, 79 1 Reside Market Street 1.5% 0 0 830 0 0 0 0 0
26 Loan 80, 81 1 477 Rodeo 1.5% 0 100,000 Springing 66,591 0 0 0 0
27 Loan   1 Carrington Court Apartments 1.2% 82,368 0 0 0 348,780 0 0 467,000
28 Loan   1 Villa Adora 1.1% 0 0 0 0 0 0 0 250,000
29 Loan 82 1 Temecula Creek Plaza 1.1% 0 423,220 Springing 350,000 0 0 0 15,625
30 Loan   1 Times Square Apartments 1.1% 57,600 0 0 0 0 0 0 55,406
31 Loan 83 1 2400 Hudson 1.1% 0 0 0 0 0 0 0 0
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 0 0 0 0 0 0 0 0
33 Loan   1 Jupiter Park Self Storage 0.9% 0 0 0 0 0 0 0 239,375
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 0 0 0 0 0 0 0 2,438
35 Loan 87 1 Northgate 0.5% 0 0 0 0 20,742 0 0 0

A-1-15

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Upfront Other Reserve ($) Monthly Other Reserve ($) Other Reserve Description
                 
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 97,383,122 0 Base Building Work Reserve (Upfront: 86,650,891), Aventis Rent Reserve (Upfront: 10,732,230.67)
2 Loan 18, 19 1 50 Horseblock 6.4% 0 0 NAP
3 Loan 20, 21, 22 1 Rox San 5.7% 373,439 0 Free Rent Reserve (Upfront: $164,169.41), Outstanding TI/LC Reserve (Upfront: $209,270)
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 0 Springing Ground Rent Reserve (Monthly: Springing)
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 364,582 0 Unfunded Obligations Reserve (Upfront: $333,450), Gap Rent Reserve (Upfront: $31,132)
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 3,828,109 0 Unfunded Obligations Reserve (Upfront: $3,534,621.71), Ground Lease Reserve (Upfront: $293,487)
6.01 Property   1 Research Place 1.3%      
6.02 Property   1 Research Park Office Center 1.1%      
6.03 Property   1 Regions Center 1.1%      
6.04 Property   1 301 Voyager Way 0.8%      
6.05 Property   1 Intuitive Center I & II 0.6%      
6.06 Property   1 Lakeside Center I & II 0.5%      
7 Loan   1 Venice Crossroads 4.9% 0 Springing Low Debt Yield Cure Reserve (Monthly: Springing)
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 8,006,075 Springing Unfunded TI Reserve (Upfront: $8,006,075), NM Reserve (Ongoing: Springing; Cap: $7,159,800)
9 Loan 45, 46 1 Marina Pacifica 3.6% 984,040 0 Rent Replication Reserve (Upfront: $759,040; Cap: $759,040), Ground Rent Reserve (Upfront: $225,000; Cap: $225,000)
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 682,885 Springing Specified Leasing Reserve (Upfront: $298,808), Rent Replication Reserve (Upfront: $201,192; Ongoing: Springing; Cap: $100,596), Outstanding TI/LC Reserve (Upfront: $137,947), Free Rent Reserve (Upfront: $44,938)
11 Loan   1 Tanglewood Apartments 3.3% 0 0 NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% 0 0 NAP
13 Loan   1 Shops of Wisconsin 2.9% 0 0 NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 8,000,000 Springing Sonder Replacement Reserve (Upfront: $5,000,000), Rent Concession Reserve (Upfront: $3,000,000), Common Charges Reserve (Monthly: Springing)
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 0 0 NAP
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 0 0 NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 9,141,800 0 PetSmart TI Reserve
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 0 0 NAP
19 Loan   1 93 East Apartments 2.3% 0 0 NAP
20 Loan 70 1 Cabelas 2.2% 0 0 NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 240,760 Springing Free Rent Reserve(Upfront: $240,760.35), Specified Tenant Termination Reserve Fund (Monthly: Springing)
22 Loan   1 Falls of West Oaks 2.1% 0 0 NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 0 0 NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%      
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%      
23.03 Property   1 97 North Sea Road 0.3%      
24 Loan 8, 77 1 Centene 1.7% 0 0 NAP
25 Loan 78, 79 1 Reside Market Street 1.5% 1,394,552 Springing Bardea Work Reserve (Upfront: $1,300,000), Bardea Rent Replication Reserve (Upfront: $94,552; Monthly: Springing)
26 Loan 80, 81 1 477 Rodeo 1.5% 0 0 NAP
27 Loan   1 Carrington Court Apartments 1.2% 393,000 0 Renovations Reserve (Upfront: $283,000), ADA Reserve (Upfront: $110,000)
28 Loan   1 Villa Adora 1.1% 0 0 NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% 0 0 NAP
30 Loan   1 Times Square Apartments 1.1% 0 0 NAP
31 Loan 83 1 2400 Hudson 1.1% 0 0 NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 1,000,000 0 Earnout Reserve
33 Loan   1 Jupiter Park Self Storage 0.9% 0 0 NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 0 0 NAP
35 Loan 87 1 Northgate 0.5% 0 0 NAP

A-1-16

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type
                   
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 0 0 NAP Hard
2 Loan 18, 19 1 50 Horseblock 6.4% 0 0 NAP Hard
3 Loan 20, 21, 22 1 Rox San 5.7% 0 0 NAP None
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 0 0 NAP Hard
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 0 0 NAP Hard
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 0 0 NAP Hard
6.01 Property   1 Research Place 1.3%        
6.02 Property   1 Research Park Office Center 1.1%        
6.03 Property   1 Regions Center 1.1%        
6.04 Property   1 301 Voyager Way 0.8%        
6.05 Property   1 Intuitive Center I & II 0.6%        
6.06 Property   1 Lakeside Center I & II 0.5%        
7 Loan   1 Venice Crossroads 4.9% 0 0 NAP Springing
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 7,159,800 0 NAP Hard
9 Loan 45, 46 1 Marina Pacifica 3.6% 984,040 0 NAP Hard
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 100,596 0 NAP Hard
11 Loan   1 Tanglewood Apartments 3.3% 0 0 NAP None
12 Loan 52 1 Axis Apartments and Lofts 2.9% 0 0 NAP None
13 Loan   1 Shops of Wisconsin 2.9% 0 0 NAP Hard
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 0 0 NAP Hard (Commercial) / Soft (Residential)
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 0 0 NAP Hard
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% 0 0 NAP None
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 0 0 NAP Hard
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% 0 0 NAP Hard
19 Loan   1 93 East Apartments 2.3% 0 0 NAP None
20 Loan 70 1 Cabelas 2.2% 0 0 NAP Hard
21 Loan 71, 72 1 CAL OES Portfolio 2.1% 0 0 NAP Springing
22 Loan   1 Falls of West Oaks 2.1% 0 0 NAP Springing
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% 0 0 NAP Hard (Commercial) / Soft (Residential)
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%        
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%        
23.03 Property   1 97 North Sea Road 0.3%        
24 Loan 8, 77 1 Centene 1.7% 0 0 NAP Springing
25 Loan 78, 79 1 Reside Market Street 1.5% 0 0 NAP Hard
26 Loan 80, 81 1 477 Rodeo 1.5% 0 0 NAP None
27 Loan   1 Carrington Court Apartments 1.2% 0 0 NAP Springing
28 Loan   1 Villa Adora 1.1% 0 0 NAP Springing
29 Loan 82 1 Temecula Creek Plaza 1.1% 0 0 NAP Hard
30 Loan   1 Times Square Apartments 1.1% 0 0 NAP Springing
31 Loan 83 1 2400 Hudson 1.1% 0 0 NAP None
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% 0 1,000,000 Borrower shall deposit into an eligible account upon loan origination the Earnout Reserve Funds. Provided no Cash Trap Event Period is continuing, Lender shall disburse the Earnout Reserve Funds to Borrower within 10 business days after receipt of i) prior month’s rent roll with Gross Potential Rent no less than $948,240, ii) bank statements, iii) the Earnout Financial Statements and iv) the Earnout Net Cash Flow. No disbursement of the Earnout Reserve Funds shall be made prior to November 5, 2021 or after the Earnout Reserve Expiration Date. Springing
33 Loan   1 Jupiter Park Self Storage 0.9% 0 0 NAP Springing
34 Loan 86 1 PeachTree Plaza Apartments 0.7% 0 0 NAP None
35 Loan 87 1 Northgate 0.5% 0 0 NAP Springing

A-1-17

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) Tenant Specific Excess Cash Trap Trigger (Y/N) Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)
                             
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% Springing Yes Yes Yes No 77,900,000 736,100,000 1,736,446.27 1,920,210.93
2 Loan 18, 19 1 50 Horseblock 6.4% Springing Yes Yes No NAP NAP NAP NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% None No No No NAP NAP NAP NAP NAP
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% Springing Yes Yes Yes No 50,000,000 51,600,000 111,390.90 219,327.82
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% Springing Yes No Yes Yes 50,000,000 40,000,000 117,949.08 265,385.42
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% Springing Yes Yes Yes Yes 49,768,999 29,861,399 133,210.77 355,228.72
6.01 Property   1 Research Place 1.3%                  
6.02 Property   1 Research Park Office Center 1.1%                  
6.03 Property   1 Regions Center 1.1%                  
6.04 Property   1 301 Voyager Way 0.8%                  
6.05 Property   1 Intuitive Center I & II 0.6%                  
6.06 Property   1 Lakeside Center I & II 0.5%                  
7 Loan   1 Venice Crossroads 4.9% Springing Yes No No NAP NAP NAP NAP NAP
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% Springing Yes No Yes No 45,000,000 298,000,000 818,292.82 941,860.53
9 Loan 45, 46 1 Marina Pacifica 3.6% In Place Yes Yes No NAP NAP NAP NAP NAP
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% In Place Yes Yes Yes Yes 30,000,000 38,500,000 134,344.50 239,028.53
11 Loan   1 Tanglewood Apartments 3.3% None No No No NAP NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% None No No No NAP NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% Springing Yes No No NAP NAP NAP NAP NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% In Place Yes No Yes No 26,500,000 105,000,000 306,067.71 383,313.37
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% Springing Yes No Yes No 25,176,796 444,823,204 1,024,024.32 1,081,983.64
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% None No No Yes Yes 25,000,000 25,000,000 79,632.53 159,265.05
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% In Place Yes Yes Yes Yes 23,000,000 45,000,000 162,729.16 245,901.85
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% Springing Yes Yes No NAP NAP NAP NAP NAP
19 Loan   1 93 East Apartments 2.3% None No No No NAP NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2% Springing Yes Yes No NAP NAP NAP NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% Springing Yes Yes No NAP NAP NAP NAP NAP
22 Loan   1 Falls of West Oaks 2.1% Springing Yes No No NAP NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% Springing Yes Yes No NAP NAP NAP NAP NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%                  
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%                  
23.03 Property   1 97 North Sea Road 0.3%                  
24 Loan 8, 77 1 Centene 1.7% Springing Yes Yes Yes Yes 15,600,000 31,200,000 90,023.19 135,034.79
25 Loan 78, 79 1 Reside Market Street 1.5% Springing Yes Yes No NAP NAP NAP NAP NAP
26 Loan 80, 81 1 477 Rodeo 1.5% None No No No NAP NAP NAP NAP NAP
27 Loan   1 Carrington Court Apartments 1.2% Springing Yes No No NAP NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1% Springing Yes No No NAP NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% Springing Yes No No NAP NAP NAP NAP NAP
30 Loan   1 Times Square Apartments 1.1% Springing Yes No No NAP NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1% None No No No NAP NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% Springing Yes No No NAP NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% Springing Yes No No NAP NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% None No No No NAP NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5% Springing Yes No No NAP NAP NAP NAP NAP

A-1-18

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($)
                      4        
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 411,000,000 2.79200% 1,225,000,000 2,889,752.32 62.7% 2.32 6.6% NAP NAP NAP
2 Loan 18, 19 1 50 Horseblock 6.4% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAP NAP 101,600,000 219,327.82 40.0% 5.00 13.0% NAP NAP NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% NAP NAP 90,000,000 265,385.42 54.9% 2.37 8.9% NAP NAP NAP
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% NAP NAP 79,630,398 355,228.72 68.3% 1.88 11.7% NAP NAP NAP
6.01 Property   1 Research Place 1.3%                    
6.02 Property   1 Research Park Office Center 1.1%                    
6.03 Property   1 Regions Center 1.1%                    
6.04 Property   1 301 Voyager Way 0.8%                    
6.05 Property   1 Intuitive Center I & II 0.6%                    
6.06 Property   1 Lakeside Center I & II 0.5%                    
7 Loan   1 Venice Crossroads 4.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 57,000,000 3.25000% 400,000,000 1,098,379.63 61.8% 3.10 10.6% NAP NAP NAP
9 Loan 45, 46 1 Marina Pacifica 3.6% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% NAP NAP 68,500,000 239,028.53 61.5% 2.11 9.1% 10,000,000 10.00000% 78,500,000
11 Loan   1 Tanglewood Apartments 3.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP NAP 131,500,000 383,313.37 60.6% 2.82 9.9% NAP NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 315,000,000 2.72467% 785,000,000 1,807,142.88 58.1% 2.92 8.1% 120,000,000 5.05000% 905,000,000
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP NAP 50,000,000 159,265.05 68.6% 2.00 7.8% NAP NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% NAP NAP 68,000,000 245,901.85 61.5% 2.26 10.5% 12,000,000 12.00000% 80,000,000
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan   1 93 East Apartments 2.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Falls of West Oaks 2.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%                    
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%                    
23.03 Property   1 97 North Sea Road 0.3%                    
24 Loan 8, 77 1 Centene 1.7% NAP NAP 46,800,000 135,034.79 59.5% 2.47 8.9% NAP NAP NAP
25 Loan 78, 79 1 Reside Market Street 1.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 80, 81 1 477 Rodeo 1.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan   1 Carrington Court Apartments 1.2% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan   1 Times Square Apartments 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

A-1-19

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type
                4      
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAP NAP NAP NAP No NAP
2 Loan 18, 19 1 50 Horseblock 6.4% NAP NAP NAP NAP No NAP
3 Loan 20, 21, 22 1 Rox San 5.7% NAP NAP NAP NAP No NAP
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAP NAP NAP NAP No NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% NAP NAP NAP NAP No NAP
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% NAP NAP NAP NAP No NAP
6.01 Property   1 Research Place 1.3%            
6.02 Property   1 Research Park Office Center 1.1%            
6.03 Property   1 Regions Center 1.1%            
6.04 Property   1 301 Voyager Way 0.8%            
6.05 Property   1 Intuitive Center I & II 0.6%            
6.06 Property   1 Lakeside Center I & II 0.5%            
7 Loan   1 Venice Crossroads 4.9% NAP NAP NAP NAP No NAP
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% NAP NAP NAP NAP No NAP
9 Loan 45, 46 1 Marina Pacifica 3.6% NAP NAP NAP NAP No NAP
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 323,519.27 70.5% 1.56 8.0% No NAP
11 Loan   1 Tanglewood Apartments 3.3% NAP NAP NAP NAP No NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP NAP NAP NAP No NAP
13 Loan   1 Shops of Wisconsin 2.9% NAP NAP NAP NAP No NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP NAP NAP NAP No NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 2,319,156.77 67.0% 2.28 7.1% Yes Mezzanine (Max Principal of $90,500,000; Max Combined LTV of 67%; Min Combined DSCR of 2.22x; Min Combined Debt Yield of 6.82%; Intercreditor Agreement is required)
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP NAP NAP NAP No NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% 367,568.52 72.4% 1.51 8.9% No NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% NAP NAP NAP NAP No NAP
19 Loan   1 93 East Apartments 2.3% NAP NAP NAP NAP No NAP
20 Loan 70 1 Cabelas 2.2% NAP NAP NAP NAP No NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% NAP NAP NAP NAP No NAP
22 Loan   1 Falls of West Oaks 2.1% NAP NAP NAP NAP No NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% NAP NAP NAP NAP No NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%            
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%            
23.03 Property   1 97 North Sea Road 0.3%            
24 Loan 8, 77 1 Centene 1.7% NAP NAP NAP NAP No NAP
25 Loan 78, 79 1 Reside Market Street 1.5% NAP NAP NAP NAP No NAP
26 Loan 80, 81 1 477 Rodeo 1.5% NAP NAP NAP NAP No NAP
27 Loan   1 Carrington Court Apartments 1.2% NAP NAP NAP NAP No NAP
28 Loan   1 Villa Adora 1.1% NAP NAP NAP NAP No NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% NAP NAP NAP NAP No NAP
30 Loan   1 Times Square Apartments 1.1% NAP NAP NAP NAP No NAP
31 Loan 83 1 2400 Hudson 1.1% NAP NAP NAP NAP No NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP NAP NAP NAP No NAP
33 Loan   1 Jupiter Park Self Storage 0.9% NAP NAP NAP NAP No NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP NAP NAP NAP No NAP
35 Loan 87 1 Northgate 0.5% NAP NAP NAP NAP No NAP

A-1-20

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Sponsor Non-Recourse Carveout Guarantor
               
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% DivcoWest; California State Teachers’ Retirement System; Teacher Retirement System of Texas NAP
2 Loan 18, 19 1 50 Horseblock 6.4% New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation
3 Loan 20, 21, 22 1 Rox San 5.7% David Taban, Manouchehr Illoulian, Michael Pashaie and K. Joseph Shabani David Taban, Manouchehr Illoulian, Michael Pashaie and K. Joseph Shabani
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% Techcore, LLC Techcore, LLC
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% Harbor Trading USA and Rubin Pachulski Properties 36, LLC Harbor Trading USA and Rubin Pachulski Properties 36, LLC
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% Meyer Chetrit and Yaacov Amar Meyer Chetrit and Yaacov Amar
6.01 Property   1 Research Place 1.3%    
6.02 Property   1 Research Park Office Center 1.1%    
6.03 Property   1 Regions Center 1.1%    
6.04 Property   1 301 Voyager Way 0.8%    
6.05 Property   1 Intuitive Center I & II 0.6%    
6.06 Property   1 Lakeside Center I & II 0.5%    
7 Loan   1 Venice Crossroads 4.9% Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Said Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012, and Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Homa Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012 Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Said Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012, and Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Homa Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% Simon Property Group, L.P. and Institutional Mall Investors LLC Simon Property Group, L.P.
9 Loan 45, 46 1 Marina Pacifica 3.6% Abraham Lerner (a/k/a Avi Lerner), Christopher Ellis Abraham Lerner (a/k/a Avi Lerner), Christopher Ellis
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% Joseph Friedland Joseph Friedland
11 Loan   1 Tanglewood Apartments 3.3% Andrew Schwarz Andrew Schwarz
12 Loan 52 1 Axis Apartments and Lofts 2.9% TK Realty Holdings, LLC TK Realty Holdings, LLC
13 Loan   1 Shops of Wisconsin 2.9% Norman Jemal Norman Jemal
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% Joseph Moinian Joseph Moinian
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% The Gluck Family Trust The Gluck Family Trust
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% Prime Hospitality Group IV, LLC Prime Hospitality Group, LLC
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% Walter C. Bowen Walter C. Bowen
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% Mitchell B. Rutter and John J. Cuticelli, Jr. Mitchell B. Rutter and John J. Cuticelli, Jr.
19 Loan   1 93 East Apartments 2.3% Gideon D. Levy Gideon D. Levy
20 Loan 70 1 Cabelas 2.2% Christopher Beavor, Four Pillars Legacy Trust, Life Pillars, LLC and CAI Investments Reno-Tahoe Master Lessee, LLC Christopher Beavor, Four Pillars Legacy Trust, Life Pillars, LLC and CAI Investments Reno-Tahoe Master Lessee, LLC
21 Loan 71, 72 1 CAL OES Portfolio 2.1% Jayaprasad Vejendla and Rohit Kumar Jayaprasad Vejendla and Rohit Kumar
22 Loan   1 Falls of West Oaks 2.1% Rao J. Polavarapu Rao J. Polavarapu
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% Joseph G. Farrell, Jr. Joseph G. Farrell, Jr.
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%    
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%    
23.03 Property   1 97 North Sea Road 0.3%    
24 Loan 8, 77 1 Centene 1.7% Alejandro Velez Alejandro Velez
25 Loan 78, 79 1 Reside Market Street 1.5% Christopher Buccini, Robert Buccini and David Pollin Christopher Buccini, Robert Buccini and David Pollin
26 Loan 80, 81 1 477 Rodeo 1.5% Michael Pashaie Michael Pashaie
27 Loan   1 Carrington Court Apartments 1.2% Dan M. Stauss, Lynn Stauss and Scott Stauss Dan M. Stauss, Lynn Stauss and Scott Stauss
28 Loan   1 Villa Adora 1.1% Thu Zuan Hoang Thu Zuan Hoang
29 Loan 82 1 Temecula Creek Plaza 1.1% Jerry D. Harvey Jerry D. Harvey and The Jerry David Harvey Revocable Living Trust dated November 9, 1998, First Amended and Restated September 26, 2001
30 Loan   1 Times Square Apartments 1.1% Dan M. Stauss, Lynn Stauss and Scott Stauss Dan M. Stauss, Lynn Stauss and Scott Stauss
31 Loan 83 1 2400 Hudson 1.1% Gavriel Alexander Gavriel Alexander
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% Alan Fattal and Haytham Kafouf Alan Fattal and Haytham Kafouf
33 Loan   1 Jupiter Park Self Storage 0.9% Jacob Ramage Jacob Ramage
34 Loan 86 1 PeachTree Plaza Apartments 0.7% Gideon D. Levy Gideon D. Levy
35 Loan 87 1 Northgate 0.5% Brent Brown and Dustin Dale Emmert Brent Brown and Dustin Dale Emmert

A-1-21

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Delaware Statutory Trust
(Y/N)		 Tenants-in-common
(Y/N)		 Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal’s New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($)
                  9   7        
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% No No Refinance No 814,000,000 0 411,000,000 0 1,225,000,000 617,846,136
2 Loan 18, 19 1 50 Horseblock 6.4% No No Recapitalization No 59,000,000 0 0 100,000 59,100,000 0
3 Loan 20, 21, 22 1 Rox San 5.7% No Yes Refinance No 52,000,000 0 0 1,100,000 53,100,000 41,909,000
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% No No Acquisition No 101,600,000 155,208,429 0 0 256,808,429 0
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% No No Refinance No 90,000,000 0 0 0 90,000,000 63,286,119
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% No No Refinance   80,000,000 235,451 0 0 80,235,451 74,056,758
6.01 Property   1 Research Place 1.3%       Yes            
6.02 Property   1 Research Park Office Center 1.1%       No            
6.03 Property   1 Regions Center 1.1%       Yes            
6.04 Property   1 301 Voyager Way 0.8%       Yes            
6.05 Property   1 Intuitive Center I & II 0.6%       Yes            
6.06 Property   1 Lakeside Center I & II 0.5%       Yes            
7 Loan   1 Venice Crossroads 4.9% No No Refinance No 45,100,000 0 0 732,500 45,832,500 28,695,288
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% No No Refinance No 343,000,000 0 57,000,000 0 400,000,000 318,094,845
9 Loan 45, 46 1 Marina Pacifica 3.6% No No Refinance No 33,330,000 0 0 110,000 33,440,000 28,716,352
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% No No Refinance No 68,500,000 0 10,000,000 110,000 78,610,000 55,785,359
11 Loan   1 Tanglewood Apartments 3.3% No No Refinance No 30,000,000 0 0 55,000 30,055,000 19,788,360
12 Loan 52 1 Axis Apartments and Lofts 2.9% No No Refinance Yes 27,000,000 0 0 55,000 27,055,000 12,147,166
13 Loan   1 Shops of Wisconsin 2.9% No No Refinance No 26,750,000 0 0 3,950,000 30,700,000 29,531,797
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% No No Refinance No 131,500,000 8,169,315 0 0 139,669,315 129,510,030
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% No Yes Refinance No 470,000,000 2,309,102 435,000,000 0 907,309,102 900,036,150
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% No No Refinance No            
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% No No Acquisition No            
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% No No Refinance No            
19 Loan   1 93 East Apartments 2.3% No No Refinance No            
20 Loan 70 1 Cabelas 2.2% Yes No Acquisition No            
21 Loan 71, 72 1 CAL OES Portfolio 2.1% No No Acquisition No            
22 Loan   1 Falls of West Oaks 2.1% No No Refinance No            
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% No No Refinance              
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%       No            
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%       No            
23.03 Property   1 97 North Sea Road 0.3%       No            
24 Loan 8, 77 1 Centene 1.7% No No Acquisition No            
25 Loan 78, 79 1 Reside Market Street 1.5% No No Refinance Yes            
26 Loan 80, 81 1 477 Rodeo 1.5% No No Refinance No            
27 Loan   1 Carrington Court Apartments 1.2% No No Refinance No            
28 Loan   1 Villa Adora 1.1% No No Refinance No            
29 Loan 82 1 Temecula Creek Plaza 1.1% No No Acquisition No            
30 Loan   1 Times Square Apartments 1.1% No No Refinance No            
31 Loan 83 1 2400 Hudson 1.1% No No Refinance No            
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% No No Refinance No            
33 Loan   1 Jupiter Park Self Storage 0.9% No No Acquisition No            
34 Loan 86 1 PeachTree Plaza Apartments 0.7% No No Refinance Yes            
35 Loan 87 1 Northgate 0.5% No No Refinance Yes            

A-1-22

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%)
                               
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% 0 5,768,900 149,445,201 451,939,763 0 1,225,000,000 NAP NAP NAP NAP
2 Loan 18, 19 1 50 Horseblock 6.4% 0 1,229,282 0 57,870,718 0 59,100,000 NAP NAP NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% 0 706,034 1,637,067 8,847,899 0 53,100,000 NAP NAP NAP NAP
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% 254,000,000 2,208,429 600,000 0 0 256,808,429 NAP NAP NAP NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% 0 672,212 833,874 25,207,796 0 90,000,000 NAP NAP NAP NAP
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% 0 1,337,812 4,840,881 0 0 80,235,451 NAP NAP NAP NAP
6.01 Property   1 Research Place 1.3%             NAP NAP NAP NAP
6.02 Property   1 Research Park Office Center 1.1%             NAP NAP NAP NAP
6.03 Property   1 Regions Center 1.1%             NAP NAP NAP NAP
6.04 Property   1 301 Voyager Way 0.8%             NAP NAP NAP NAP
6.05 Property   1 Intuitive Center I & II 0.6%             NAP NAP NAP NAP
6.06 Property   1 Lakeside Center I & II 0.5%             NAP NAP NAP NAP
7 Loan   1 Venice Crossroads 4.9% 0 612,853 1,459,127 15,065,232 0 45,832,500 NAP NAP NAP NAP
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% 0 2,580,460 8,006,075 71,318,620 0 400,000,000 NAP NAP NAP NAP
9 Loan 45, 46 1 Marina Pacifica 3.6% 0 891,980 1,491,352 2,340,316 0 33,440,000 NAP NAP NAP NAP
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% 0 1,281,431 4,136,128 17,407,082 0 78,610,000 NAP NAP NAP NAP
11 Loan   1 Tanglewood Apartments 3.3% 0 720,585 1,060,677 8,485,378 0 30,055,000 NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% 0 584,741 273,796 14,049,298 0 27,055,000 NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% 0 399,690 763,381 5,132 0 30,700,000 NAP NAP NAP NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% 0 1,941,862 8,217,423 0 0 139,669,315 NAP NAP NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% 0 7,272,952 0 0 0 907,309,102 NAP NAP NAP NAP
16 Loan 8, 64, 65 1 Icon One Daytona 2.7%             NAP NAP NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5%             NAP NAP NAP NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3%             NAP NAP NAP NAP
19 Loan   1 93 East Apartments 2.3%             NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2%             NAP NAP NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1%             NAP NAP NAP NAP
22 Loan   1 Falls of West Oaks 2.1%             NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9%             NAP NAP NAP NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1%             NAP NAP NAP NAP
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5%             NAP NAP NAP NAP
23.03 Property   1 97 North Sea Road 0.3%             NAP NAP NAP NAP
24 Loan 8, 77 1 Centene 1.7%             NAP NAP NAP NAP
25 Loan 78, 79 1 Reside Market Street 1.5%             NAP NAP NAP NAP
26 Loan 80, 81 1 477 Rodeo 1.5%             NAP NAP NAP NAP
27 Loan   1 Carrington Court Apartments 1.2%             NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1%             NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1%             NAP NAP NAP NAP
30 Loan   1 Times Square Apartments 1.1%             NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1%             NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0%             NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9%             NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7%             NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5%             NAP NAP NAP NAP

A-1-23

 

 

3650R 2021-PF1

Annex A-1

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name % of Initial Pool Balance Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                             
1 Loan 8, 10, 11, 12, 13, 14, 15, 16, 17 1 CX - 350 & 450 Water Street 8.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 18, 19 1 50 Horseblock 6.4% NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 20, 21, 22 1 Rox San 5.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 8, 23, 24, 25, 26, 27 1 520 Almanor 5.4% NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 8, 28, 29, 30 1 Plaza La Cienega 5.4% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41 6 Huntsville Office Portfolio 5.4% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Research Place 1.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 Research Park Office Center 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.03 Property   1 Regions Center 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.04 Property   1 301 Voyager Way 0.8% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.05 Property   1 Intuitive Center I & II 0.6% NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.06 Property   1 Lakeside Center I & II 0.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan   1 Venice Crossroads 4.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 8, 42, 43, 44 1 The Westchester 4.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 45, 46 1 Marina Pacifica 3.6% NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 8, 47, 48, 49, 50, 51 1 Patewood Corporate Center 3.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan   1 Tanglewood Apartments 3.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 52 1 Axis Apartments and Lofts 2.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan   1 Shops of Wisconsin 2.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 8, 53, 54, 55, 56, 57 1 2 Washington 2.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 8, 20, 58, 59, 60, 61, 62, 63 1 One SoHo Square 2.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 8, 64, 65 1 Icon One Daytona 2.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 8, 66, 67 1 PetSmart HQ 2.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 68, 69 1 747 Amsterdam Avenue 2.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan   1 93 East Apartments 2.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 70 1 Cabelas 2.2% NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 71, 72 1 CAL OES Portfolio 2.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan   1 Falls of West Oaks 2.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 73, 74, 75, 76 3 Farrell Hampton Portfolio 1.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.01 Property   1 4, 6, 10 Sherrill Fosters Path 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.02 Property   1 Farrell Medical Plaza - 6144 Rt 25A 0.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.03 Property   1 97 North Sea Road 0.3% NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 8, 77 1 Centene 1.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 78, 79 1 Reside Market Street 1.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 80, 81 1 477 Rodeo 1.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan   1 Carrington Court Apartments 1.2% NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan   1 Villa Adora 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 82 1 Temecula Creek Plaza 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan   1 Times Square Apartments 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 83 1 2400 Hudson 1.1% NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 84, 85 1 Echo-Westlake Multi 1.0% NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan   1 Jupiter Park Self Storage 0.9% NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 86 1 PeachTree Plaza Apartments 0.7% NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 87 1 Northgate 0.5% NAP NAP NAP NAP NAP NAP NAP NAP NAP

A-1-24

 

 

Footnotes to Annex A
   
(1) The Administrative Fee Rate includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan.
   
(2) The Monthly Debt Service (P&I)($) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period.
   
(3) The open period is inclusive of the Maturity Date or Anticipated Repayment Date.
   
(4) Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) is calculated based on amortizing debt service payments (except for interest-only loans).
   
(5) Leased Occupancy (%) reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.
   
(6) The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease.
   
(7) If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.
   
(8) The Cut-off Date Balance ($) reflects only the Mortgage Loan included in the Issuing Entity (which may be evidenced by one or more promissory notes); however, such Mortgage Loan is part of a Whole Loan comprised of such Mortgage Loan and one or more Pari Passu Companion Loan(s) and/or Subordinate Companion Loan(s) that are held outside the Issuing Entity, each of which is evidenced by one or more separate promissory notes.  With respect to each such Mortgage Loan that is part of a Whole Loan, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations include any related Pari Passu Companion Loan(s) but exclude any related Subordinate Companion Loan.  See “Description of the Mortgage Pool—The Whole Loans” in the Preliminary Prospectus for additional information regarding the Whole Loan(s).
   
(9) Property Located Within a Qualified Opportunity Zone (Y/N) reflects Mortgaged Properties that are located in qualified opportunity zones (“QOZs”) under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ.
   
(10) The Mortgage Loan is part of a whole loan that was co-originated by DBR Investments Co. Limited, JPMorgan Chase Bank, National Association, Bank of America, N.A. and 3650 Cal Bridge Lending, LLC. 3650 REIT will be contributing Note A-4-2 and Note A-4-3 with an aggregate Cut-off Date Balance of $52.9 million and GACC will be contributing Note A-1-7 with a Cut-off Date Balance of $25.0 million to the 3650R 2021-PF1 securitization.
   
(11) With respect to CX – 350 & 450 Water Street, the Mortgaged Property includes (i) the 350 Water Street building (Parcel G), which is a laboratory building consisting of 511,157 sq. ft. and (ii) the 450 Water building (Parcel H), which is a contemporary office building consisting of 404,076 sq. ft.
   
(12) With respect to CX – 350 & 450 Water Street, the CX – 350 & 450 Water Street Whole Loan is structured with an Anticipated Repayment Date (“ARD”) of November 6, 2031 and a final maturity date of November 6, 2036. The initial interest rate for the CX – 350 & 450 Water Street Whole Loan is 2.79200% per annum. After the ARD, the interest rate will increase by 200 basis points over the greater of (x) 2.792000%, and (y) (1) the swap rate in effect on the ARD plus (2) 1.26000%. The metrics presented above are calculated based on the ARD.

 A-1-25

 

(13) With respect to CX – 350 & 450 Water Street, the “Prospective Market Value Upon Completion & Stabilization” appraised value of $1.954 billion as of April 1, 2023 assumes that the outstanding capital expenditure of approximately $56 million for the 350 Water Street building and $80 million for 450 Water Street building are fully funded and reserved by the lender, and that these reserved funds would pass with title to any purchaser of the CX – 350 & 450 Water Street Property. The appraisal concluded to an “as-is” appraised value of $1.778 billion as of September 8, 2021. The “as-is” appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 45.8% for the CX – 350 & 450 Water Street senior notes, and a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 68.9% for the CX – 350 & 450 Water Street whole loan.
   
(14) With respect to CX – 350 & 450 Water Street, the CX – 350 & 450 Water Street Whole Loan may be voluntarily prepaid in whole (but not in part, except in relation to a collateral release) beginning on or after the payment date in December 2023 with a  yield maintenance premium if such prepayment occurs prior to the payment date in May 2031. In addition, the CX – 350 & 450 Water Street Whole Loan may be defeased in whole (but not in part, except in relation to a collateral release) at any time after the earlier to occur of (i) October 14, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized.
   
(15) With respect to CX – 350 & 450 Water Street, the sole tenant, Aventis Inc., has two leases expiring in June 2036 and November 2036, respectively. The November 2036 expiration date is based on an anticipated rent commencement of November 10, 2021. The actual rent commencement date, anniversary date, and expiration date to be determined as provided in the 450 Water Street lease and amendments, related to the substantial completion of the base building work at the 450 Water Street building.
   
(16) With respect to CX – 350 & 450 Water Street, the sole tenant, Aventis Inc.,  has the right to terminate each of its leases, with a termination fee, effective as of the end of the respective 14th lease year. If Aventis Inc. chooses to exercise the early termination right, it must deliver to the landlord between 24 and 36 months prior to the early termination date (a) notice that the early termination right has been exercised and (b) the early termination payment. The early termination payment equals the sum of (i) the 12 monthly installments of base rent that would have been due for the 12-month period immediately following the early termination date in the absence of such termination and (ii) the stipulated operating expenses/tax component per the lease.
   
(17) With respect to CX – 350 & 450 Water Street, the sole tenant, Aventis Inc. is currently not in occupancy, pending the substantial completion of the buildout out its spaces at the CX – 350 & 450 Water Street Property. The CX – 350 & 450 Water Street Property is currently undergoing a buildout with expected completion dates of the second quarter of 2022 for the 350 Water Street building and fourth quarter of 2021 for the 450 Water Street building. The lease at 350 Water Street commenced on July 1, 2021. The commencement of the lease at 450 Water Street is tied to substantial completion, with it occurring the later of (i) November 10, 2021 and (ii) the date that is 46 days prior to the substantial completion date for the base building work.
   
(18) The Mortgaged Property benefits from a payment in lieu of taxes (“PILOT”) program which provides abatements for real estate taxes and mortgage recording taxes and is subject to an IDA ground lease (the “IDA Lease”) dated October 1, 2012, with the Town of Brookhaven Industrial Development Agency (the “IDA”). The IDA Lease runs until October 31, 2024. As a stipulation of the PILOT, title to the property is held by the Town of Brookhaven IDA. However, this is a de facto fee simple position, as the title will be transferred back to the owner upon completion of the PILOT program. Therefore, title will revert to the owner when the PILOT program expires in 2024.
   
(19) The recapitalization was funded on the borrower sponsors’ credit line and closed on January 29, 2021 per the purchase and sale agreement, for $89.25 million.
   
(20) The borrower(s) own the Mortgaged Property as tenants-in-common.
   
(21) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the inclusion of the underwritten rent steps through June 1, 2022, the establishment of an upfront reserve for all outstanding free rent and TI/LC obligations at origination, and the parking income being underwritten based on the actual parking agreement revenues.
   
(22) A monthly deposit is not required if the amount in the TI/LC reserve is equal to or greater than $1,000,000 and will not be required until the amount has been reduced to less than $250,000.

 A-1-26

 

   
(23) With respect to Loan No. 4, 520 Almanor, the Whole Loan is structured with an anticipated repayment date of November 6, 2031 (“ARD”) and final maturity date of June 6, 2034. The initial interest rate for the 520 Almanor Whole Loan is 2.55500% per annum. From and after the ARD, in the event the 520 Almanor Whole Loan is not paid-off on or before the ARD, the 520 Almanor Whole Loan will accrue interest at a fixed rate equal to the greater of (i) 5.05500% or (ii) the sum of (x) the 10-year swap rate plus (y) 3.38000%. The metrics presented above are calculated based on the ARD.
   
(24) The “As Stabilized” appraised value of $254,000,000 assumes all outstanding tenant improvements and contractual free rent associated with the Nokia lease have been satisfied. The appraisal concluded to an “As-is” appraised value of $243.0 million as of August 24, 2021, which equates to a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 41.8%.
   
(25) The Mortgaged Property consists of a leasehold interest under a 99-year ground lease that is in place through June 2116. Pace Properties is the ground lessor. The ongoing monthly ground rent is equal to the greater of (i) a floor base rent (currently $125,914), which increases 3% every five years, starting in July 2023 and (ii) 14.0% of the effective triple-net base rent paid by Nokia (or any replacement tenant) (based on the full 231,220 SF).
   
(26) The sole tenant, Nokia Corp, has executed a lease but is not yet in occupancy and open for business pending the completion of the related build out. Borrower has represented that Nokia of America Corporation has verbally communicated it anticipates it will take occupancy of all of its demised premises on or prior to January 10, 2022.  However, we cannot assure you that Nokia of America Corporation will take occupancy and open for business as expected or at all.  Nokia of America Corporation is not obligated to pay base rent from April 1, 2021 through November 30, 2021 and is only obligated to pay 50% of base rent from December 1, 2021 through June 30, 2022.
   
(27) The ongoing monthly ground rent reserve is equal to the greater of (i) a floor base rent (currently $125,914), which increases 3% every five years, starting in July 2023 and (ii) 14.0% of the effective triple-net base rent paid by Nokia Corp (or any replacement tenant) (based on the full 231,220 SF).
   
(28) The lockout period will be at least 25 payment dates beginning with and including the first payment date in November 2021. Defeasance of the Plaza La Cienega Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) September 28, 2024. The assumed defeasance lockout period of 25 payment dates is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.
   
(29) The Mortgaged Property consists of Rains, LLC’s, one of the two related borrowers, fee interest in the Plaza La Cienega Property, as well as LaCienega-Sawyer Ltd.’s, the second of the two related borrowers, leasehold interest in the Plaza La Cienega Property, which it holds pursuant to a ground lease dated April 1, 1971 between Rains, LLC, as ground lessor, and LaCienega-Sawyer Ltd., as ground lessee. The monthly rent payment under such ground lease is $1.00. The ground lease expires on March 31, 2041 with one 29-year extension option remaining.
   
(30) The Fifth Largest Tenant at the Plaza La Cienega Mortgaged Property, CVS, has the option to terminate its lease on November 30, 2021, and every 10 years thereafter, upon 90 days’ notice.
   
(31) Huntsville NYL LLC is the owner of the fee simple interest in the Huntsville Office Portfolio Mortgaged Property, which is ground leased to the related Mortgage Borrower.
   
(32) The Huntsville Office Portfolio Mortgage Loan was co-originated by Citi Real Estate Funding Inc. and DBR Investments Co. Limited.
   
(33) With respect to the Huntsville Office Portfolio - Research Park Office Center Mortgaged Property, the Fourth Largest Tenant, Redstone Federal Credit Union, has the option to terminate its lease on April 30, 2022, by providing not less than 150 days’ prior written notice and payment of a termination fee within 30 days of such notice.
   
(34) With respect to the Huntsville Office Portfolio - Intuitive Center I & II Mortgaged Property, the Largest Tenant, Intuitive Research and Technology, LLC, has the option to terminate its lease effective August 31, 2025 upon notice no later than December 1, 2024 and payment of a termination fee.
   
(35) With respect to the Huntsville Office Portfolio - Intuitive Center I & II Mortgaged Property, the Second Largest Tenant, Pinnacle Solutions, Inc., has the option to terminate its lease effective  January 31, 2024 upon 270 days’ notice and payment of a termination fee.

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(36) With respect to the, Huntsville Office Portfolio - Lakeside Center I & II Mortgaged Property, the Largest Tenant, Dynetics, Inc, has the option to terminate its lease effective November 30, 2024 upon 270 days’ notice and payment of a termination fee
   
(37) With respect to the Huntsville Office Portfolio - Lakeside Center I & II Mortgaged Property, the Third Largest Tenant, Jacobs Engineering Group Inc, has two termination options (the first exercisable on April 30, 2022, and the second exercisable on April 30, 2024), with six months’ notice an payment of a termination fee.
   
(38) With respect to the Huntsville Office Portfolio - Lakeside Center I & II Mortgaged Property, the Fifth Largest Tenant, Koda Technologies, Inc., has the option to terminate its lease effective January 31, 2024 notice delivered by July 31, 2023 and payment of a termination fee
   
(39) With respect to the Huntsville Office Portfolio - Research Place Mortgaged Property, the Second Largest Tenant, GSA Dept of Army Activities, has the option to terminate its lease, in whole or in part at any time upon not less than 90 days’ prior written notice.
   
(40) With respect to the Huntsville Office Portfolio - Research Place Mortgaged Property, the Third Largest Tenant, Wiregrass Hospice LLC (Gentiva), has the option to terminate its lease effective July 31, 2022 upon not less than 120 days’ prior written notice.
   
(41) With respect to the Huntsville Office Portfolio, the Mortgaged Property identified on the Annex as Lakeside Center I & II is part of an office condominium. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information.
   
(42) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the closure of the Mortgaged Property on March 18, 2020 to July 10, 2020. As of December 1, 2020, all stores have reopened including the Nordstrom and Neiman Marcus anchors. The borrower sponsors granted various rent relief/rent deferrals to select tenants in relation to spring and early summer payments due. Short term rent relief was given to several tenants in exchange for waiving co-tenancy provisions in their leases through December 2021. Rent deferrals are expected to be paid back in equal monthly installments, some of which have commenced in 2021, with a few tenants electing to make one lump sum payment. The Mortgaged Property was 92.2% occupied as of May 11, 2021. The borrower sponsors collected 84% to 86% of tenant rents monthly from October 2020 through January 2021 and since their portfolio has returned to pre-COVID property collections they are no longer tracking monthly collections.
   
(43) The Mortgaged Property includes a leasehold interest in an air rights parcel for a small portion of the Mortgaged Property, which is located above Paulding Street. The leasehold interest was granted by the City of White Plains to the original property owner on December 30, 1992. This portion of the Mortgaged Property contains inline stores and parking spaces, and is situated just west of the Nordstrom building straddling Paulding Street. The air rights parcel consists of all of the air space approximately 175.7 feet above sea level. The original property owner/lessee paid the full rent of $87,500 for the entire 99-year lease term at execution of the lease and there are no annual rent payments remaining through the leasehold maturity date of December 30, 2091. The lessee is required to pay all taxes and utilities on any improvements constructed, which can also be mortgaged by the lessee and its successor or assignee.
   
(44) At origination, Column Financial, Inc. (“Column”) obtained an appraisal with an as-is value of $810,000,000 as of November 26, 2019. Column obtained a new appraisal dated February 3, 2021 with an “as-is” value of $647,000,000 as of January 12, 2021 and a “prospective market value upon stabilization” value of $699,000,000 as of February 1, 2024. Based on the “prospective market value upon stabilization” value, the Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) is 49.1% and the Whole Loan Cut-off Date LTV Ratio (%) is 57.2%.
   
(45) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the full rental payments being made post COVID. Additionally, two new leases including LA Fitness and Faucets N’ Fixture were signed in July and August of 2021, respectively.
   
(46) The Mortgaged Property is currently subject to two ground lease agreements that encompass the entire leasehold interest, each of which had an initial term of 65 years. The underlying ground leases both have remaining initial base terms of 17 years and four months, and both expire on March 19, 2039. Although there are no fixed term extension options, the ground lease agreement gives the ground lessee a first right of renewal option with the same contractual lease terms and conditions as those which currently exist.

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(47) The lockout period will be at least 29 payment dates beginning with and including the first payment date of July 5, 2021. Defeasance of the Patewood Corporate Center Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) May 11, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 29 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.
   
(48) The Mortgaged Property is comprised of six office buildings. The Patewood 1 building contains the Fourth Largest Tenant, Wood Group, totaling 23,424 SF with Suite 150 comprised of 3,115 SF pursuant to a lease with an expiration date of July 31, 2023 and 20,309 SF in Suite 200 pursuant to a lease with an expiration date of August 31, 2023. Of note, Wood Group occupies an additional 19,224 SF in the Patewood 2 building next door with an August 31, 2023 lease expiration date.
   
(49) Rent for the Second Largest Tenant, Day & Zimmerman, has been underwritten to the sublease rent of $21.50 psf.
   
(50) TCM CRE REIT LLC (the “Mezzanine Lender”) has provided $10.0 million of mezzanine financing (the “Mezzanine Loan”) secured by equity interests in the borrower. The Mezzanine Loan is coterminous with the mortgage loan and will require interest-only payments through maturity at a fixed coupon of 10.00000%.
   
(51) A monthly deposit is not required if the amount in the TI/LC reserve is equal to or greater than $3,000,000 and will not be required until the amount has been reduced to less than $1,500,000.
   
(52) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property being 97.9% occupied according to the October 1, 2021 underwritten rent roll.
   
(53) The 345 multifamily units at the Mortgaged Property are 100% leased to Sonder USA Inc. (“Sonder”). Sonder’s lease will expire on a floor-by-floor basis starting on February 28, 2031 and ending on October 31, 2031. The Mortgaged Property also contains 27,989 SF of classroom/play space (of which the interior space consists of 22,989 SF) that is leased to the New York City Board of Education through February 13, 2031. The residential component and classroom/play space component comprise a single condominium unit that includes most of the 1st floor, floors 2-15, and a portion of the cellar, with a second non-collateral condominium unit in the same building owned by Nyack College comprised of floors 16-21 and the remaining 1st floor and cellar space. The overall condominium regime also includes condominium units in adjacent buildings.
   
(54) With respect to the 2 Washington Mortgaged Property, the entire multifamily portion of the Mortgaged Property (comprised of 345 multifamily units) is master leased to Sonder. Sonder has taken possession of and commenced paying rent on the multifamily units at the Mortgaged Property pursuant to a phased lease and rent commencement schedule. Pursuant to such schedule, Sonder is entitled to certain rent abatement periods including, (i) following the occurrence of the lease commencement date for any individual phase, (x) a 100% abatement for the first monthly installment of base rent with respect to the multifamily units related to such phase, (y) a 50% abatement for the 2nd through 12th monthly installments of base rent with respect to the multifamily units related to such phase, and (z) a 25% abatement for the 21st through 28th, 45th through 48th, and 57th through 60th monthly installments of base rent with respect to the multifamily units related to such phase, and (ii) following the occurrence of the last lease commencement date (the “Final Phase Date”), (a) a 100% abatement of base rent with respect to all multifamily units for the 37th, 61st and 85th monthly installments of base rent after the Final Phase Date and (b) a 100% abatement of base rent for a month of Sonder’s choice with respect to all multifamily units following the 36th month after the Final Phase Date. At origination, the borrower deposited $3.0 million with the lender into a rent concession reserve. The reserve will be disbursed to the lockbox as rent in 12 equal installments over the first 12 months following the origination date, and will not be replenished. The reserve is not expected to be sufficient to cover all of the aforementioned rent abatement periods.
   
(55) With respect to the 2 Washington Mortgaged Property, The New York City Board of Education, which represents 13.0% of the net rentable area and 7.8% of underwritten base rent at the Mortgaged Property, has the right to terminate its lease at any time upon 180 days’ notice.
   
(56) The Mortgage Loan is structured with a hard lockbox. Upon a residential reversion (i.e. if the Sonder master lease is no longer in effect and the Mortgaged Property reverts to standard multifamily use), the residential component will have a soft lockbox, while the commercial component is required to continue to have a hard lockbox.

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(57) The Mortgaged Property was recently converted from office to multifamily use with the final phase reaching substantial completion at the beginning of March 2021, and the borrower entered into a new lease with Sonder for all multifamily units commencing in September 2020. Accordingly, the Mortgaged Property has limited operating history.
   
(58) The Mortgage Loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, DBR Investments Co. Limited and Bank of Montreal.
   
(59) The defeasance lockout period will be at least 27 payment dates beginning with and including the first payment date in September 2021. Defeasance of the One SoHo Square Whole Loan in whole or in part is permitted at any time on or after the first payment date following the earlier to occur of (i) July 9, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. In addition, the One SoHo Square Whole Loan may be voluntarily prepaid in whole or in part, at any time, subject to payment of a prepayment fee equal to the yield maintenance amount if such prepayment occurs prior to March 6, 2028. The assumed defeasance lockout period of 27 payments is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.
   
(60) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the inclusion of the present value of contractual rent step increments over the remainder of the investment-grade tenants’ lease terms ($5,035,662), as well as incremental expense reimbursements to account for adjusted real estate taxes ($5,573,438).
   
(61) The Fifth Largest Tenant, Juul Labs, has not taken occupancy of its space but continues to pay its current rent. This space is presently on the market for sublease. We cannot assure you that this space will be subleased or that Juul Labs will continue to pay rent.
   
(62) The Mortgaged Property has received a final certificate of eligibility from the New York Department of Finance with respect to a retrospective tax abatement for the Mortgaged Property under the Industrial & Commercial Abatement Program (“ICAP”). Once the ICAP benefits are in effect, they will be retroactive for the 2017/2018 tax year for the east tower at the Mortgaged Property and for the 2018/2019 tax year for the west tower at the Mortgaged Property. Upon expiration of such program or if such program is otherwise terminated, the borrowers will be required to pay higher, and in some cases substantially higher, real estate taxes. Prior to the expiration of such program, the tax benefit to the Mortgaged Property may decrease throughout the term of the ICAP until the expiration of such program.
   
(63) The Largest Tenant, Flatiron Health, originally offered to sublease approximately 111,000 SF (approximately 49%) of its leased space during the COVID-19 pandemic. It currently has approximately 40,890 SF (approximately 17.9%) of its leased space offered for sublease, of which 30,668 SF has been subleased to Petal Card, Inc. for three years at approximately 35% of Flatiron Health’s contractual rent. We cannot assure you that Flatiron Health will be able to sublease its remaining space or continue paying rent.
   
(64) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property’s lease up to stabilized levels.
   
(65) The lockout period will be at least 26 payment dates beginning with and including the first payment date of October 5, 2021. Defeasance of the Icon One Daytona Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) August 10, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.
   
(66) The lockout period will be at least 31 payment dates beginning with and including the first payment date of May 5, 2021. Defeasance of the PetSmart HQ Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) March 31, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 31 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.
   
(67) NE-SW Debt Holdings, LP (“Mezzanine Lender”) has provided $12.0 million of mezzanine financing (the “Mezzanine Loan”) secured by equity interests in the borrower. The Mezzanine Loan is coterminous with the mortgage loan and will require interest-only payments through maturity at a fixed coupon of 12.00000%.

 A-1-30

 

(68) The Mortgaged Property is subject to 25-year tax abatement via the Industrial & Commercial Incentive Program (“ICAP”) as a result of capital improvements to the property.  The ICAP abatement commenced in the 1999/2000 tax year and will expire at the end of the 2023/2024 tax year. The Mortgaged Property currently receives a 30% exemption of the increase in assessed valuation, which will be phased down by 10% per year thereafter through the expiration in 2023/2024.  Taxes were underwritten to the in-place abated tax amount.
   
(69) The Number of Units is comprised of 20,600 square feet of office space and 12,000 square feet of retail space.
   
(70) Cabelas is structured with an Anticipated Repayment Date (“ARD”) of November 5, 2031 and a final maturity date of April 5, 2044. From and after the ARD, the interest rate will increase by 300 basis points  to 7.40000%.
   
(71) The increase from Most Recent NOI ($) to Underwritten Net Operating Income ($) at the CAL OES Portfolio Mortgaged Property can be attributed to contractual rent steps and the renewal of the tenant’s lease in early 2021.
   
(72) The sole tenant, CA OES may terminate the lease at the 601 Sequoia Pacific building  at any time on or after June 30, 2025 upon at least 30 days prior written notice. In addition, CA OES may terminate the lease at the 600 and 650 North 5th Street buildings effective at any time on or after September 30, 2025 upon at least 30 days’ prior written notice.
   
(73) With respect to Loan No. 23, Farrell Hampton Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to (1) newly built 4, 6, 10 Sherill Fosters Path property (57.9% of ALA), which has been leasing up through the end of 2020 and beginning of 2021, and (2) the inclusion of a sponsor-affiliated tenant, Farrell Building (Largest Tenant occupying 45.8% of NRA at the 4, 6, 10 Sherrill Fosters Path property based on 39,000 SF of industrial space), for an approximately 13-year lease term.
   
(74) With respect to Loan No. 23, the Farrell Hampton Portfolio features 39,000 square feet of industrial space (49.7% of portfolio NRA), 34,909 square feet of office space (44.4% of portfolio NRA), and 4,628 square feet of multifamily space (8 Units / 5.9% of portfolio NRA) space spread across three properties in New York.
   
(75) With respect to Loan No. 23.01, 4, 6, 10 Sherrill Fosters Path, the five largest tenants’ % of NRA is based on the industrial component of 39,000 SF at the Mortgaged Property.
   
(76) With respect to the Farrell Hampton Portfolio Mortgage Loan, 2018-2020 cash flows do not include 4, 6, 10 Sherill Fosters Path, which was developed in 2020 and leased up through the last 12 months. The historical financials also do not factor in lease payments to the sponsor affiliated space.
   
(77) The lockout period will be at least 30 payment dates beginning with and including the first payment date of June 5, 2021. Defeasance of the Centene Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) May 4, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 30 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.
   
(78) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the build out of the Bardea restaurant. The restaurant is permitted to expand its premises at the Reside Market Street Mortgaged Property by adding 1,440 SF of rentable square footage to the restaurant’s premises. Other Income includes amortization payments due to related tenant improvement costs for Bardea.
   
(79) The Mortgaged Property consists of three multifamily buildings, each with street level retail, located at 426 North Market Street and 627 & 608 Market Street in Wilmington, Delaware. The buildings are comprised of 81 residential units and four commercial tenants totaling 11,902 SF. In total, the Mortgaged Property consists of 73,233 SF. The tenant’s % of NRA is based on the retail component of 11,902 SF at the Mortgaged Property.
   
(80) The Mortgaged Property consists of primarily luxury storefront retail and office components located at 9501 Santa Monica Drive in Beverly Hills, California. The SF break out is as follows: Retail (7,830 SF) and Office (6,742 SF)
   
(81) The Second Largest Tenant, Jared Najjar, occupies space pursuant to two leases which expire on March 31, 2022 (745 SF) and May 31, 2023 (700 SF), respectively.
   
(82) The Mortgaged Property consists of primarily retail and office components located at 31021-31165 Temecula Parkway in Temecula, California. The SF break out is as follows: Retail (43,777 SF) and Office (8,684 SF).
   
(83) The Appraised Value ($) is the “Rental Fallback” value of the Mortgaged Property.

 A-1-31

 

(84) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property’s lease up to stabilized levels. The Mortgaged Property was recently completed in 2021 with initial lease up commencing in Q1 2021. The first move-ins at the Mortgaged Property occurred in April 2021. The Mortgaged Property averaged two move-ins per week between the months of April and July 2021.
   
(85) Several metrics regarding the Echo-Westlake Multi Mortgage Loan were adjusted to account for the Holdback / Earnout Amount ($) of $1,000,000. The Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%), and Cut-off Date LTV Ratio (%) were adjusted based on the Reserve Adjusted Cut-off Date Balance of $8,500,000.
   
(86) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to rents increased at the Mortgaged Property post interior upgrades during 2019 and 2020. Per the appraiser, total renovations equate to approximately $61,904.76 per unit.
   
(87) The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to rental rate increases by the borrower sponsors. The Mortgaged Property began leasing in April 2020. The Mortgaged Property is currently 96.1% occupied based on the April 2, 2021 underwritten rent roll.

 A-1-32