FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-276033-04
     

 

 

BBCMS 2024-5C29 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (SEC File No. 333-276033) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-888-603-5847 (8 a.m. – 5 p.m. EST).

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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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

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

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

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

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

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

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

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

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

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

 

 

 

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

 

 

 

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 City
                1 25   30  
1 Loan 6 3 Arch Portfolio 7.0%   AREF2 AREF2 NAP NAP Various Winston-Salem
1.01 Property   1 The Arcadian 2.7% 38.4%         1805 Franciscan Drive Winston-Salem
1.02 Property   1 The Charleston 2.2% 31.2%         1010 Oak Grove Road Winston-Salem
1.03 Property   1 The Arlington 2.1% 30.3%         3411 Old Vineyard Road Winston-Salem
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 6.6% 100.0% GACC GACC NAP NAP 277 Park Avenue New York
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 5.9%   SMC SMC NAP NAP Various Lawrence
3.01 Property   1 201 Merrimack Street 3.1% 52.5%         197-201 Merrimack Street Lawrence
3.02 Property   1 117 Water Street 2.8% 47.5%         13-15 Melrose Street Lawrence
4 Loan 17, 19 1 Estates at Palm Bay 5.7% 100.0% Barclays Barclays NAP NAP 302 Blessinger Drive Fort Walton Beach
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 5.7% 100.0% MSBNA, Barclays, SGFC Barclays, SGFC Group A NAP 500 Baybrook Mall Friendswood
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 5.6% 100.0% AREF2 AREF2 NAP NAP 12101 North Lamar Boulevard Austin
7 Loan 16, 19 1 New Jersey Logistics 3.9% 100.0% SGFC SGFC NAP NAP 400 Fairfield Road Howell
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 2.8%   CREFI, JPMCB, GSBI, WFB CREFI NAP NAP Various Various
8.01 Property   1 200 Sidney 0.9% 32.2%         200 Sidney Street Cambridge
8.02 Property   1 Lincoln Centre 0.6% 21.1%         200, 300, 400, 500 and 800 Lincoln Centre Drive Foster City
8.03 Property   1 40 Erie Street 0.4% 14.5%         40 Erie Street Cambridge
8.04 Property   1 4570 Executive Drive 0.3% 11.6%         4570 Executive Drive San Diego
8.05 Property   1 9360-9390 Towne Centre Drive 0.3% 9.2%         9360-9390 Towne Centre Drive San Diego
8.06 Property   1 21 Erie Street 0.2% 7.4%         21 Erie Street Cambridge
8.07 Property   1 47 Erie Street Parking Structure 0.1% 2.8%         47 Erie Street Cambridge
8.08 Property   1 Eastgate Mall 0.0% 1.3%         4575 Eastgate Mall San Diego
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 2.8% 100.0% GSBI, BANA, SGFC SGFC Group A NAP 2601 Preston Road Frisco
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 2.8% 100.0% BMO BMO NAP NAP 515 North Flagler Drive and 517 North Olive Avenue West Palm Beach
11 Loan 3 1 Patriot Crossing 2.8% 100.0% BSPRT  BSPRT NAP NAP 7415 Patrick Henry Court Louisville
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 2.8%   Barclays Barclays NAP NAP Various Charlotte
12.01 Property   1 Queen's Grant  1.5% 52.2%         124 Carnival Street Charlotte
12.02 Property   1 Arrowood  1.3% 47.8%         10400 and 10416 John Price Road Charlotte
13 Loan 7, 12, 19 1 Westshore Crossing 2.3% 100.0% UBS AG UBS AG NAP NAP 4515-17 North Rome Avenue, 1502-1610 River Drive, 1505-09 Coolwater Drive, 1609-13 Sandy Ridge Drive, 4515-19 River Front Lane and 1500-06 Waters Edge Drive Tampa
14 Loan   1 Oak Ridge City Center 2.3% 100.0% LMF LMF NAP NAP 333 East Main Street Oak Ridge
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 2.3% 100.0% GACC, BANA, SMC, WFB SMC NAP NAP 610 Exterior Street Bronx
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 2.2% 100.0% KeyBank KeyBank NAP NAP 4585-4586 Oakley Mill Lane and 4590 Factory Colony Lane Cincinnati
17 Loan 19 1 Cherrywood Shopping Center 2.2% 100.0% Barclays Barclays NAP NAP 1148-1194 Wantagh Avenue Wantagh
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue 2.1% 100.0% SMC SMC NAP NAP 161 Meserole Avenue Brooklyn
19 Loan   1 The Palisades 2.0% 100.0% Barclays Barclays NAP NAP 409 South Lenzner Avenue Sierra Vista
20 Loan 7 1 Northwoods Apartments 2.0% 100.0% UBS AG UBS AG NAP NAP 99 Antelope Way Columbus
21 Loan 4, 19, 30 1 DeKalb Student Housing 1.9% 100.0% Barclays Barclays NAP NAP Various DeKalb
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 1.6%   KeyBank, BMO, SGFC, Barclays KeyBank NAP NAP Various Various
22.01 Property   1 FCA USA - Detroit, MI 0.5% 29.7%         6836 Georgia Street Detroit
22.02 Property   1 Grupo Antolin - Shelby Township, MI 0.2% 11.7%         52888 Shelby Parkway Shelby Township
22.03 Property   1 Follett School - McHenry, IL 0.1% 8.5%         1340 Ridgeview Drive McHenry
22.04 Property   1 Shaw Aero - Naples, FL 0.1% 4.9%         3580 Shaw Boulevard Naples
22.05 Property   1 Kuka - Sterling Heights, MI 0.1% 4.5%         7408 Metro Parkway Sterling Heights
22.06 Property   1 ZF Active Safety - Findlay, OH 0.1% 4.4%         1750 Production Drive Findlay
22.07 Property   1 CF Sauer - 184 Suburban 0.1% 4.1%         184 Suburban Road San Luis Obispo
22.08 Property   1 CF Sauer - 728 N Main St. 0.1% 4.1%         728 North Main Street Mauldin
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA 0.1% 3.6%         130 Enterprise Drive Pittsburgh
22.10 Property   1 Hannibal - Houston, TX 0.1% 3.6%         6501 Bingle Road Houston
22.11 Property   1 FedEx IV - Lexington, KY 0.1% 3.3%         2024 Buck Lane Lexington
22.12 Property   1 VersaFlex - Kansas City, KS 0.0% 3.1%         686 Adams Street and 33 Shawnee Avenue Kansas City
22.13 Property   1 Cott Beverage Inc - Sikeston, MO 0.0% 2.7%         301 Larcel Drive Sikeston
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD 0.0% 2.6%         1850 Clark Road Havre de Grace
22.15 Property   1 CSTK - St. Louis, MO 0.0% 2.5%         420 East Carrie Avenue St. Louis
22.16 Property   1 CF Sauer - 39 S Park Dr. 0.0% 2.5%         39 South Park Drive Mauldin
22.17 Property   1 AM Castle - Wichita, KS 0.0% 2.4%         3050 South Hydraulic Avenue Wichita
22.18 Property   1 CF Sauer - 9 Old Mill Road 0.0% 1.3%         9 Old Mill Road Mauldin
22.19 Property   1 CF Sauer - 2447 Eunice Avenue 0.0% 0.2%         2447 Eunice Avenue Orlando
22.20 Property   1 CF Sauer - 513 West Butler Road 0.0% 0.1%         513 West Butler Road Mauldin
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio 1.5%   SMC SMC NAP NAP Various Chicago
23.01 Property   1 8705-8711 South Morgan Street 0.2% 16.3%         8705-8711 South Morgan Street Chicago
23.02 Property   1 11214-11218 South Indiana Avenue 0.2% 10.9%         11214-11218 South Indiana Avenue Chicago
23.03 Property   1 8201 South Paulina Street 0.1% 8.8%         8201 South Paulina Street Chicago
23.04 Property   1 2320 West Garfield Boulevard 0.1% 8.8%         2320 West Garfield Boulevard Chicago
23.05 Property   1 7818-7820 South South Shore Drive 0.1% 8.7%         7818-7820 South South Shore Drive Chicago
23.06 Property   1 8001-8007 South Eberhart Avenue 0.1% 8.1%         8001-8007 South Eberhart Avenue Chicago
23.07 Property   1 8139-8145 South Maryland Avenue 0.1% 7.5%         8139-8145 South Maryland Avenue Chicago
23.08 Property   1 535 East 102nd Street 0.1% 7.5%         535 East 102nd Street Chicago
23.09 Property   1 6516 South Stony Island Avenue 0.1% 6.6%         6516 South Stony Island Avenue Chicago
23.10 Property   1 7770-7778 South South Shore Drive 0.1% 5.9%         7770-7778 South South Shore Drive Chicago
23.11 Property   1 9017-9025 South Cottage Grove Avenue 0.1% 5.6%         9017-9025 South Cottage Grove Avenue Chicago
23.12 Property   1 7956 South Normal Avenue 0.1% 5.4%         7956 South Normal Avenue Chicago
24 Loan 19, 23 1 London Bridge Industrial 1.3% 100.0% UBS AG UBS AG NAP NAP 1440 and 1444 London Bridge Road Virginia Beach
25 Loan 10, 15 1 Fountain Hills Plaza 1.3% 100.0% KeyBank KeyBank NAP NAP 16605 East Palisades Boulevard Fountain Hills
26 Loan 21 1 80 White Street 1.2% 100.0% AREF2 AREF2 NAP NAP 80-82 White Street New York
27 Loan 20 1 Feasterville Plaza 1.2% 100.0% Barclays Barclays NAP NAP 1045 Bustleton Pike Feasterville-Trevose
28 Loan 10, 17, 19, 23 1 Crown Center 1.1% 100.0% KeyBank KeyBank NAP NAP 1201 West Cypress Creek Road Fort Lauderdale
29 Loan   1 The Park at Milestone 1.1% 100.0% AREF2 AREF2 NAP NAP 1000 Commons Circle Vicksburg
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 1.0%   KeyBank KeyBank NAP NAP Various Various
30.01 Property   1 WoodSpring Suites Fort Wayne 0.4% 35.6%         2850 Dupont Commerce Court Fort Wayne
30.02 Property   1 WoodSpring Suites Easton 0.4% 34.1%         4202 Transit Drive Columbus
30.03 Property   1 WoodSpring Suites Fairfield 0.3% 30.3%         6725 Fairfield Business Center Drive Fairfield
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 0.9% 100.0% Barclays Barclays NAP NAP 5855 Rockville Road Indianapolis
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 0.8% 100.0% BSPRT  BSPRT NAP NAP 2117 North DuPont Highway New Castle
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center 0.8% 100.0% LMF LMF NAP NAP 1010 Wilkinson Trace Bowling Green
34 Loan 2, 16, 19 1 The Hub 0.8% 100.0% DBRI GACC NAP NAP 2626 South Hardy Drive Tempe
35 Loan 16, 23, 30 1 Enfield Industrial 0.8% 100.0% Barclays Barclays NAP NAP 53 Manning Road Enfield
36 Loan   1 Storage Sense Orlando 0.8% 100.0% Barclays Barclays NAP NAP 10906 Moss Park Road Orlando

 

 A-1-1 

 

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

 

 

 

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 City
                1 25   30  
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 0.7%   AREF2 AREF2 NAP NAP Various Tampa
37.01 Property   1 Lakecrest 0.4% 53.0%         3710 Corporex Park Drive Tampa
37.02 Property   1 Southpointe   0.3% 47.0%         5650 Breckenridge Park Drive Tampa
38 Loan 6, 13, 16 3 Retek New York Portfolio 0.7%   LMF LMF NAP NAP Various Various
38.01 Property   1 1503 Teller Avenue 0.3% 38.5%         1503 Teller Avenue Bronx
38.02 Property   1 171 Herzl Street 0.2% 30.8%         171 Herzl Street Brooklyn
38.03 Property   1 2822 University Avenue 0.2% 30.8%         2822 University Avenue Bronx
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 0.6%   Barclays Barclays NAP NAP Various Various
39.01 Property   1 Saucon Valley Crossing 0.3% 53.7%         5002 Pennsylvania Route 309 Center Valley
39.02 Property   1 Birch Knoll 0.3% 46.3%         130 South Pine Tree Road Hazelton
40 Loan 13, 18, 27 1 2758 Creston Avenue 0.6% 100.0% LMF LMF NAP NAP 2758 Creston Avenue Bronx
41 Loan 2, 16 1 1900 Euclid Avenue 0.6% 100.0% Barclays Barclays NAP NAP 1900 Euclid Avenue Cleveland
42 Loan 2, 19, 20 1 501 Hayes 0.6% 100.0% GACC GACC NAP NAP 501 Hayes Street San Francisco
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 0.6% 100.0% KeyBank KeyBank NAP NAP 12095 North Mariposa Street Westminster
44 Loan 15 1 Strawberry Square Shopping Center 0.5% 100.0% KeyBank KeyBank NAP NAP 2301 North 29th Street Philadelphia
45 Loan 18, 20, 23 1 51 Haddonfield 0.5% 100.0% DBRI GACC NAP NAP 51 Haddonfield Road Cherry Hill
46 Loan 16 1 140-150 Access Road 0.5% 100.0% BMO BMO NAP NAP 140-150 Access Road Spartanburg
47 Loan   1 824 Classon Avenue 0.5% 100.0% LMF LMF NAP NAP 824 Classon Avenue Brooklyn
48 Loan 10 1 US Storage - Delray Beach 0.5% 100.0% KeyBank KeyBank  Group B NAP 1425 Southwest 10th Street Delray Beach
49 Loan 10 1 US Storage - Nashville 0.5% 100.0% KeyBank KeyBank  Group B NAP 4611 Nolensville Pike Nashville
50 Loan 10 1 US Storage - Clarksville 0.5% 100.0% KeyBank KeyBank  Group B NAP 2430 Madison Street Clarksville 
51 Loan 5, 16, 27 1 286 East 163rd Street 0.5% 100.0% LMF LMF NAP NAP 286 East 163rd Street Bronx
52 Loan 13 1 60 Cottage Street 0.4% 100.0% LMF LMF NAP NAP 60 Cottage Street Jersey City
53 Loan 2, 28 1 431 Dekalb Avenue 0.4% 100.0% SMC SMC NAP NAP 431 Dekalb Avenue Brooklyn
54 Loan 16, 27, 29 1 1668 Bergen Street 0.4% 100.0% SMC SMC NAP NAP 1668 Bergen Street Brooklyn
55 Loan   1 Hamlet MHC 0.3% 100.0% KeyBank KeyBank  NAP NAP 123 Jones Street Hamlet

 

 A-1-2 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate %
2 2 3 6, 7 6, 7 6, 7 8
1 Loan 6 3 Arch Portfolio Forsyth NC Various Multifamily Garden Various 2022-2024 813 Units 91,220.17 74,162,000 74,162,000 74,162,000 6.95000% 0.13741%
1.01 Property 1 The Arcadian Forsyth NC 27127 Multifamily Garden 1972 2022-2024 285 Units 28,493,774 28,493,774 28,493,774
1.02 Property 1 The Charleston Forsyth NC 27103 Multifamily Garden 1962 2022-2024 234 Units 23,171,712 23,171,712 23,171,712
1.03 Property 1 The Arlington Forsyth NC 27103 Multifamily Garden 1981, 1983 2022-2024 294 Units 22,496,514 22,496,514 22,496,514
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue New York NY 10172 Office CBD 1963 2023 1,881,010 SF 276.45 70,000,000 70,000,000 70,000,000 7.01000% 0.01304%
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio Essex MA Various Industrial Storage / Manufacturing Various Various 344,304 SF 181.53 62,500,000 62,500,000 62,500,000 6.89000% 0.01366%
3.01 Property 1 201 Merrimack Street Essex MA 01843 Industrial Storage / Manufacturing 1955 2023 182,304 SF 32,833,821 32,833,821 32,833,821
3.02 Property 1 117 Water Street Essex MA 01841 Industrial Storage / Manufacturing 1960 2021 162,000 SF 29,666,179 29,666,179 29,666,179
4 Loan 17, 19 1 Estates at Palm Bay Okaloosa FL 32547 Multifamily Garden 1992 2019-2024 300 Units 203,333.33 61,000,000 61,000,000 61,000,000 6.55000% 0.02366%
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall Harris TX 77546 Retail Super Regional Mall 1978 2016 540,986 SF 406.40 61,000,000 60,959,705 57,653,509 6.81600% 0.01491%
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park Travis TX 78753 Multifamily Garden 2018 2023 277 Units 216,606.50 60,000,000 60,000,000 60,000,000 6.25700% 0.01366%
7 Loan 16, 19 1 New Jersey Logistics Monmouth NJ 07728 Industrial Warehouse / Distribution 2023 NAP 368,050 SF 114.11 42,000,000 42,000,000 42,000,000 6.30000% 0.01366%
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 Various Various Various Various Various Various Various 995,458 SF 552.40 30,000,000 30,000,000 30,000,000 5.48759809004295% 0.01366%
8.01 Property 1 200 Sidney Middlesex MA 02139 Mixed Use Lab / Office 2000 2016 188,616 SF 9,653,289 9,653,289 9,653,289
8.02 Property 1 Lincoln Centre San Mateo CA 94404 Mixed Use Lab / Office 2017 NAP 360,000 SF 6,315,789 6,315,789 6,315,789
8.03 Property 1 40 Erie Street Middlesex MA 02139 Mixed Use Lab / Office 1996 2015 106,638 SF 4,342,105 4,342,105 4,342,105
8.04 Property 1 4570 Executive Drive San Diego CA 92121 Mixed Use Lab / Office 2000 2019 125,550 SF 3,486,316 3,486,316 3,486,316
8.05 Property 1 9360-9390 Towne Centre Drive San Diego CA 92121 Mixed Use Lab / Office 1990 2020 147,577 SF 2,763,158 2,763,158 2,763,158
8.06 Property 1 21 Erie Street Middlesex MA 02139 Mixed Use Lab / Office 1925 2018 51,914 SF 2,215,658 2,215,658 2,215,658
8.07 Property 1 47 Erie Street Parking Structure Middlesex MA 02139 Other Parking Garage 1997 NAP 447 Spaces 828,947 828,947 828,947
8.08 Property 1 Eastgate Mall San Diego CA 92121 Mixed Use Lab / Office 1989 2020 15,163 SF 394,737 394,737 394,737
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre Collin TX 75033 Retail Super Regional Mall 2000 NAP 1,096,880 SF 232.48 30,000,000 30,000,000 30,000,000 6.99900% 0.01366%
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre Palm Beach FL 33407 Office CBD 1985 2018 294,493 SF 325.98 30,000,000 30,000,000 30,000,000 6.90500% 0.01366%
11 Loan 3 1 Patriot Crossing Jefferson KY 40214 Multifamily Garden 1970 2024 362 Units 82,320.44 29,800,000 29,800,000 29,800,000 6.75000% 0.01366%
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio Mecklenburg NC Various Manufactured Housing Manufactured Housing Various NAP 402 Pads 73,880.60 29,700,000 29,700,000 29,700,000 6.40000% 0.01366%
12.01 Property 1 Queen's Grant Mecklenburg NC 28262 Manufactured Housing Manufactured Housing 1980 NAP 207 Pads 15,503,774 15,503,774 15,503,774
12.02 Property 1 Arrowood Mecklenburg NC 28273 Manufactured Housing Manufactured Housing 1983 NAP 195 Pads 14,196,226 14,196,226 14,196,226
13 Loan 7, 12, 19 1 Westshore Crossing Hillsborough FL 33603 Multifamily Garden 1973 2023 337 Units 149,554.90 25,000,000 25,000,000 25,000,000 6.49900% 0.01366%
14 Loan 1 Oak Ridge City Center Anderson TN 37830 Retail Anchored 1955 2018 286,989 SF 87.11 25,000,000 25,000,000 25,000,000 7.28000% 0.01366%
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market Bronx NY 10451 Retail Anchored 2009 NAP 918,779 SF 261.22 24,578,947 24,578,947 24,578,947 5.18100% 0.01366%
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II Hamilton OH 45209 Multifamily Garden 2016 NAP 150 Units 158,333.33 23,750,000 23,750,000 23,750,000 6.20000% 0.02241%
17 Loan 19 1 Cherrywood Shopping Center Nassau NY 11793 Retail Anchored 1954 2020 59,906 SF 396.45 23,750,000 23,750,000 23,750,000 6.68000% 0.01366%
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue Kings NY 11222 Multifamily Mid Rise 2024 NAP 29 Units 758,620.69 22,000,000 22,000,000 22,000,000 6.30000% 0.01366%
19 Loan 1 The Palisades Cochise AZ 85635 Multifamily Garden 1997 2023 192 Units 109,375.00 21,000,000 21,000,000 21,000,000 6.20000% 0.04241%
20 Loan 7 1 Northwoods Apartments Franklin OH 43235 Multifamily Garden 1983 2021 280 Units 124,221.43 20,782,000 20,782,000 20,782,000 6.20000% 0.01366%
21 Loan 4, 19, 30 1 DeKalb Student Housing DeKalb IL 60115 Multifamily Student Housing 1940-2001 NAP 978 Beds 20,245.40 19,800,000 19,800,000 19,800,000 7.40000% 0.01366%
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio Various Various Various Various Various Various Various 3,908,306 SF 60.64 17,400,000 17,400,000 17,400,000 5.74400% 0.01366%
22.01 Property 1 FCA USA - Detroit, MI Wayne MI 48211 Industrial Warehouse / Distribution 2015 2017, 2020 997,022 SF 5,175,618 5,175,618 5,175,618
22.02 Property 1 Grupo Antolin - Shelby Township, MI Macomb MI 48316 Industrial Manufacturing 2017 NAP 359,807 SF 2,040,198 2,040,198 2,040,198
22.03 Property 1 Follett School - McHenry, IL McHenry IL 60050 Industrial Warehouse / Distribution 1996 2002 486,868 SF 1,486,656 1,486,656 1,486,656
22.04 Property 1 Shaw Aero - Naples, FL Collier FL 34117 Industrial Manufacturing / Flex 1999 NAP 130,581 SF 850,082 850,082 850,082
22.05 Property 1 Kuka - Sterling Heights, MI Macomb MI 48312 Industrial Warehouse / Distribution 2006 NAP 200,000 SF 788,797 788,797 788,797
22.06 Property 1 ZF Active Safety - Findlay, OH Hancock OH 45840 Industrial Manufacturing / Warehouse 2018 NAP 216,300 SF 769,028 769,028 769,028
22.07 Property 1 CF Sauer - 184 Suburban San Luis Obispo CA 93401 Industrial Manufacturing 1998 NAP 106,066 SF 711,697 711,697 711,697
22.08 Property 1 CF Sauer - 728 N Main St. Greenville SC 29662 Industrial Warehouse / Distribution 1970 NAP 247,000 SF 707,743 707,743 707,743
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA Allegheny PA 15275 Industrial Distribution / Flex 2015 2024 85,646 SF 634,596 634,596 634,596
22.10 Property 1 Hannibal - Houston, TX Harris TX 77092 Industrial Manufacturing / Distribution 1978 2016 109,000 SF 628,666 628,666 628,666
22.11 Property 1 FedEx IV - Lexington, KY Fayette KY 40511 Industrial Warehouse / Distribution 2006 2012 138,487 SF 581,219 581,219 581,219
22.12 Property 1 VersaFlex - Kansas City, KS Wyandotte KS 66105 Industrial Manufacturing 1977 1990 113,000 SF 531,796 531,796 531,796
22.13 Property 1 Cott Beverage Inc - Sikeston, MO New Madrid MO 63801 Industrial Warehouse / Distribution 2016 NAP 170,000 SF 470,511 470,511 470,511
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD Harford MD 21078 Industrial Warehouse / Distribution 2002 NAP 120,000 SF 446,788 446,788 446,788
22.15 Property 1 CSTK - St. Louis, MO City of St. Louis MO 63147 Industrial Warehouse 2015 NAP 56,029 SF 442,834 442,834 442,834
22.16 Property 1 CF Sauer - 39 S Park Dr. Greenville SC 29607 Industrial Warehouse / Distribution 1982 NAP 152,000 SF 434,926 434,926 434,926
22.17 Property 1 AM Castle - Wichita, KS Sedgwick KS 67216 Industrial Manufacturing 1976 NAP 127,600 SF 419,110 419,110 419,110
22.18 Property 1 CF Sauer - 9 Old Mill Road Greenville SC 29607 Industrial Warehouse / Distribution 1960 2004 80,000 SF 229,325 229,325 229,325
22.19 Property 1 CF Sauer - 2447 Eunice Avenue Orange FL 32808 Industrial Warehouse / Distribution 1971 NAP 6,900 SF 30,643 30,643 30,643
22.20 Property 1 CF Sauer - 513 West Butler Road Greenville SC 29662 Office Suburban 2000 2004 6,000 SF 19,769 19,769 19,769
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio Cook IL Various Multifamily Various Various NAP 243 Units 65,843.62 16,000,000 16,000,000 14,994,699 7.27000% 0.01366%
23.01 Property 1 8705-8711 South Morgan Street Cook IL 60620 Multifamily Garden 1929 NAP 36 Units 2,600,000 2,600,000 2,436,639
23.02 Property 1 11214-11218 South Indiana Avenue Cook IL 60628 Multifamily Mid Rise 1923 NAP 27 Units 1,750,000 1,750,000 1,640,045
23.03 Property 1 8201 South Paulina Street Cook IL 60620 Multifamily Mid Rise 1926 NAP 22 Units 1,400,000 1,400,000 1,312,036
23.04 Property 1 2320 West Garfield Boulevard Cook IL 60609 Multifamily Garden 1963 NAP 18 Units 1,400,000 1,400,000 1,312,036
23.05 Property 1 7818-7820 South South Shore Drive Cook IL 60649 Multifamily Garden 1966 NAP 24 Units 1,390,000 1,390,000 1,302,665
23.06 Property 1 8001-8007 South Eberhart Avenue Cook IL 60619 Multifamily Garden 1925 NAP 18 Units 1,300,000 1,300,000 1,218,319
23.07 Property 1 8139-8145 South Maryland Avenue Cook IL 60619 Multifamily Garden 1930 NAP 17 Units 1,200,000 1,200,000 1,124,602
23.08 Property 1 535 East 102nd Street Cook IL 60628 Multifamily Garden 1927 NAP 22 Units 1,200,000 1,200,000 1,124,602
23.09 Property 1 6516 South Stony Island Avenue Cook IL 60637 Multifamily Garden 1916 NAP 16 Units 1,050,000 1,050,000 984,027
23.10 Property 1 7770-7778 South South Shore Drive Cook IL 60649 Multifamily Garden 1955 NAP 15 Units 950,000 950,000 890,310
23.11 Property 1 9017-9025 South Cottage Grove Avenue Cook IL 60619 Multifamily Garden 1925, 1966 NAP 14 Units 900,000 900,000 843,452
23.12 Property 1 7956 South Normal Avenue Cook IL 60620 Multifamily Garden 1927 NAP 14 Units 860,000 860,000 805,965
24 Loan 19, 23 1 London Bridge Industrial Virginia Beach City VA 23453 Industrial Warehouse 1996 NAP 400,000 SF 35.00 14,000,000 14,000,000 14,000,000 6.56000% 0.01366%
25 Loan 10, 15 1 Fountain Hills Plaza Maricopa AZ 85268 Retail Anchored 1986 2009 111,284 SF 124.12 13,812,500 13,812,500 13,812,500 6.50000% 0.02241%
26 Loan 21 1 80 White Street New York NY 10013 Mixed Use Office / Retail 1915 2019 39,786 SF 326.75 13,000,000 13,000,000 13,000,000 7.20000% 0.01366%
27 Loan 20 1 Feasterville Plaza Bucks PA 19053 Retail Anchored 1958 2011 110,627 SF 116.61 12,900,000 12,900,000 12,900,000 7.22000% 0.01366%
28 Loan 10, 17, 19, 23 1 Crown Center Broward FL 33309 Office Suburban 1988 2001 107,897 SF 106.58 11,500,000 11,500,000 11,500,000 7.35000% 0.02241%
29 Loan 1 The Park at Milestone Warren MS 39180 Multifamily Garden 2003 2021 192 Units 59,375.00 11,400,000 11,400,000 11,400,000 6.30400% 0.01366%
30 Loan 6, 10 3 Sandpiper Midwest Portfolio Various Various Various Hospitality Extended Stay Various NAP 365 Rooms 30,410.96 11,100,000 11,100,000 11,100,000 7.79000% 0.02241%
30.01 Property 1 WoodSpring Suites Fort Wayne Allen IN 46825 Hospitality Extended Stay 2009 NAP 124 Rooms 3,949,000 3,949,000 3,949,000
30.02 Property 1 WoodSpring Suites Easton Franklin OH 43230 Hospitality Extended Stay 2015 NAP 122 Rooms 3,789,000 3,789,000 3,789,000
30.03 Property 1 WoodSpring Suites Fairfield Butler OH 45014 Hospitality Extended Stay 2008 NAP 119 Rooms 3,362,000 3,362,000 3,362,000
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport Marion IN 46224 Hospitality Limited Service 1996 2024 98 Rooms 102,040.82 10,000,000 10,000,000 9,655,821 7.75000% 0.01366%
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington New Castle DE 19720 Hospitality Limited Service 2015 NAP 72 Rooms 125,000.00 9,000,000 9,000,000 9,000,000 7.95000% 0.01366%
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center Warren KY 42103 Hospitality Select Service 1997 2019-2020 93 Rooms 95,698.92 8,900,000 8,900,000 8,900,000 8.20000% 0.01366%
34 Loan 2, 16, 19 1 The Hub Maricopa AZ 85282 Industrial Flex 1968 2021 50,400 SF 174.60 8,800,000 8,800,000 8,800,000 7.48800% 0.01366%
35 Loan 16, 23, 30 1 Enfield Industrial Hartford CT 06082 Industrial Warehouse / Distribution 1961 2022 244,505 SF 34.56 8,450,000 8,450,000 8,450,000 7.60000% 0.01366%
36 Loan 1 Storage Sense Orlando Orange FL 32832 Self Storage Self Storage 2017 NAP 62,259 SF 134.92 8,400,000 8,400,000 8,400,000 6.71200% 0.01366%

 

 A-1-3 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name County State Zip Code General Property Type Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate %
2 2 3 6, 7 6, 7 6, 7 8
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest Hillsborough FL Various Office Suburban Various NAP 121,513 SF 59.66 7,250,000 7,250,000 6,882,689 7.20000% 0.01366%
37.01 Property 1 Lakecrest Hillsborough FL 33619 Office Suburban 1988 NAP 59,758 SF 3,842,500 3,842,500 3,647,825
37.02 Property 1 Southpointe Hillsborough FL 33610 Office Suburban 1985 NAP 61,755 SF 3,407,500 3,407,500 3,234,864
38 Loan 6, 13, 16 3 Retek New York Portfolio Various NY Various Multifamily Low Rise 1920 2024 26 Units 278,653.85 7,245,000 7,245,000 7,245,000 6.85000% 0.01366%
38.01 Property 1 1503 Teller Avenue Bronx NY 10457 Multifamily Low Rise 1920 2024 10 Units 2,787,000 2,787,000 2,787,000
38.02 Property 1 171 Herzl Street Kings NY 11212 Multifamily Low Rise 1920 2024 8 Units 2,229,000 2,229,000 2,229,000
38.03 Property 1 2822 University Avenue Bronx NY 10468 Multifamily Low Rise 1920 2024 8 Units 2,229,000 2,229,000 2,229,000
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP Various PA Various Manufactured Housing Manufactured Housing Various NAP 162 Pads 41,641.98 6,746,000 6,746,000 6,746,000 6.30000% 0.06241%
39.01 Property 1 Saucon Valley Crossing Lehigh PA 18034 Manufactured Housing Manufactured Housing 1980 NAP 71 Pads 3,625,026 3,625,026 3,625,026
39.02 Property 1 Birch Knoll Luzerne PA 18201 Manufactured Housing Manufactured Housing 1989 NAP 91 Pads 3,120,974 3,120,974 3,120,974
40 Loan 13, 18, 27 1 2758 Creston Avenue Bronx NY 10468 Multifamily Mid Rise 2024 NAP 21 Units 313,333.33 6,580,000 6,580,000 6,226,385 6.92000% 0.01366%
41 Loan 2, 16 1 1900 Euclid Avenue Cuyahoga OH 44115 Multifamily Mid Rise 1912 2003 80 Units 81,250.00 6,500,000 6,500,000 6,145,577 6.85000% 0.01366%
42 Loan 2, 19, 20 1 501 Hayes San Francisco CA 94102 Mixed Use Multifamily / Retail 1900 NAP 16 Units 406,250.00 6,500,000 6,500,000 6,500,000 6.45500% 0.01366%
43 Loan 19 1 Suburban Extended Stay - Denver Westminster Adams CO 80234 Hospitality Extended Stay 2008 2023-2024 128 Rooms 50,390.63 6,450,000 6,450,000 6,450,000 7.55000% 0.02241%
44 Loan 15 1 Strawberry Square Shopping Center Philadelphia PA 19132 Retail Anchored 1985-2006 2007 69,807 SF 83.80 5,850,000 5,850,000 5,850,000 7.05000% 0.07241%
45 Loan 18, 20, 23 1 51 Haddonfield Camden NJ 08002 Office Suburban 1987 2022 98,382 SF 55.90 5,500,000 5,500,000 5,500,000 6.96100% 0.01366%
46 Loan 16 1 140-150 Access Road Spartanburg SC 29303 Industrial Distribution / Outdoor Storage 1972 2004 35,232 SF 156.11 5,500,000 5,500,000 5,500,000 7.60000% 0.01366%
47 Loan 1 824 Classon Avenue Kings NY 11238 Multifamily Mid Rise 1920 2022 10 Units 522,500.00 5,225,000 5,225,000 5,225,000 6.72000% 0.01366%
48 Loan 10 1 US Storage - Delray Beach Palm Beach FL 33444 Self Storage Self Storage 2001 NAP 48,745 SF 104.85 5,111,000 5,111,000 5,111,000 6.07000% 0.02241%
49 Loan 10 1 US Storage - Nashville Davidson TN 37211 Self Storage Self Storage 1998 NAP 74,075 SF 67.70 5,015,000 5,015,000 5,015,000 6.07000% 0.02241%
50 Loan 10 1 US Storage - Clarksville Montgomery TN 37043 Self Storage Self Storage 2009 NAP 76,585 SF 65.29 5,000,000 5,000,000 5,000,000 6.07000% 0.02241%
51 Loan 5, 16, 27 1 286 East 163rd Street Bronx NY 10451 Multifamily Mid Rise 2024 NAP 18 Units 277,777.78 5,000,000 5,000,000 5,000,000 7.31000% 0.01366%
52 Loan 13 1 60 Cottage Street Hudson NJ 07306 Multifamily Mid Rise 2021 NAP 21 Units 214,285.71 4,500,000 4,500,000 4,500,000 6.54000% 0.01366%
53 Loan 2, 28 1 431 Dekalb Avenue Kings NY 11205 Mixed Use Multifamily / Retail 1905 2024 9,881 SF 414.94 4,100,000 4,100,000 4,100,000 6.90000% 0.01366%
54 Loan 16, 27, 29 1 1668 Bergen Street Kings NY 11213 Multifamily Mid Rise 2023 NAP 10 Units 390,000.00 3,900,000 3,900,000 3,900,000 6.71200% 0.01366%
55 Loan 1 Hamlet MHC Richmond NC 28345 Manufactured Housing Manufactured Housing 1965 NAP 80 Pads 37,375.00 2,990,000 2,990,000 2,990,000 6.45000% 0.02241%

 

 A-1-4 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) 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.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date
9 9 9 9 11
1 Loan 6 3 Arch Portfolio 6.81259% NAP 435,487.16 NAP 5,225,845.92 Interest Only No Actual/360 60 60 60 60 0 0 9/4/2024
1.01 Property 1 The Arcadian
1.02 Property 1 The Charleston
1.03 Property 1 The Arlington
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 6.99697% NAP 414,596.06 NAP 4,975,152.72 Interest Only - ARD Yes Actual/360 60 59 60 59 0 0 8/6/2024
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 6.87634% NAP 363,838.25 NAP 4,366,059.03 Interest Only No Actual/360 60 60 60 60 0 0 8/29/2024
3.01 Property 1 201 Merrimack Street
3.02 Property 1 117 Water Street
4 Loan 17, 19 1 Estates at Palm Bay 6.52634% NAP 337,582.75 NAP 4,050,993.00 Interest Only No Actual/360 60 60 60 60 0 0 8/14/2024
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 6.80109% 398,324.71 NAP 4,779,896.52 NAP Amortizing Balloon No Actual/360 0 0 60 59 360 359 7/19/2024
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 6.24334% NAP 317,195.14 NAP 3,806,341.68 Interest Only No Actual/360 60 60 60 60 0 0 8/29/2024
7 Loan 16, 19 1 New Jersey Logistics 6.28634% NAP 223,562.50 NAP 2,682,750.00 Interest Only No Actual/360 60 60 60 60 0 0 8/28/2024
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 5.47393809004295% NAP 139,095.37 NAP 1,669,144.44 Interest Only No Actual/360 60 59 60 59 0 0 8/9/2024
8.01 Property 1 200 Sidney
8.02 Property 1 Lincoln Centre
8.03 Property 1 40 Erie Street
8.04 Property 1 4570 Executive Drive
8.05 Property 1 9360-9390 Towne Centre Drive
8.06 Property 1 21 Erie Street
8.07 Property 1 47 Erie Street Parking Structure
8.08 Property 1 Eastgate Mall
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 6.98534% NAP 177,405.21 NAP 2,128,862.52 Interest Only No Actual/360 60 58 60 58 0 0 7/1/2024
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 6.89134% NAP 175,022.57 NAP 2,100,270.84 Interest Only No Actual/360 60 60 60 60 0 0 8/9/2024
11 Loan 3 1 Patriot Crossing 6.73634% NAP 169,953.13 NAP 2,039,437.56 Interest Only No Actual/360 60 60 60 60 0 0 8/30/2024
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 6.38634% NAP 160,600.00 NAP 1,927,200.00 Interest Only No Actual/360 60 60 60 60 0 0 8/30/2024
12.01 Property 1 Queen's Grant
12.02 Property 1 Arrowood
13 Loan 7, 12, 19 1 Westshore Crossing 6.48534% NAP 137,276.33 NAP 1,647,315.96 Interest Only No Actual/360 60 58 60 58 0 0 7/8/2024
14 Loan 1 Oak Ridge City Center 7.26634% NAP 153,773.15 NAP 1,845,277.80 Interest Only No Actual/360 60 60 60 60 0 0 8/15/2024
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 5.16734% NAP 107,593.49 NAP 1,291,121.88 Interest Only No Actual/360 60 59 60 59 0 0 8/6/2024
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 6.17759% NAP 124,412.62 NAP 1,492,951.44 Interest Only No Actual/360 60 60 60 60 0 0 8/30/2024
17 Loan 19 1 Cherrywood Shopping Center 6.66634% NAP 134,044.56 NAP 1,608,534.72 Interest Only No Actual/360 60 60 60 60 0 0 9/4/2024
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue 6.28634% NAP 117,104.17 NAP 1,405,250.00 Interest Only No Actual/360 60 60 60 60 0 0 8/8/2024
19 Loan 1 The Palisades 6.15759% NAP 110,006.94 NAP 1,320,083.28 Interest Only No Actual/360 60 60 60 60 0 0 8/30/2024
20 Loan 7 1 Northwoods Apartments 6.18634% NAP 108,864.97 NAP 1,306,379.64 Interest Only No Actual/360 60 59 60 59 0 0 7/31/2024
21 Loan 4, 19, 30 1 DeKalb Student Housing 7.38634% NAP 123,795.83 NAP 1,485,549.96 Interest Only No Actual/360 60 59 60 59 0 0 7/30/2024
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 5.73034% NAP 84,444.78 NAP 1,013,337.36 Interest Only No Actual/360 60 55 60 55 0 0 4/5/2024
22.01 Property 1 FCA USA - Detroit, MI
22.02 Property 1 Grupo Antolin - Shelby Township, MI
22.03 Property 1 Follett School - McHenry, IL
22.04 Property 1 Shaw Aero - Naples, FL
22.05 Property 1 Kuka - Sterling Heights, MI
22.06 Property 1 ZF Active Safety - Findlay, OH
22.07 Property 1 CF Sauer - 184 Suburban
22.08 Property 1 CF Sauer - 728 N Main St.
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA
22.10 Property 1 Hannibal - Houston, TX
22.11 Property 1 FedEx IV - Lexington, KY
22.12 Property 1 VersaFlex - Kansas City, KS
22.13 Property 1 Cott Beverage Inc - Sikeston, MO
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD
22.15 Property 1 CSTK - St. Louis, MO
22.16 Property 1 CF Sauer - 39 S Park Dr.
22.17 Property 1 AM Castle - Wichita, KS
22.18 Property 1 CF Sauer - 9 Old Mill Road
22.19 Property 1 CF Sauer - 2447 Eunice Avenue
22.20 Property 1 CF Sauer - 513 West Butler Road
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio 7.25634% 112,224.64 NAP 1,346,695.68 NAP Amortizing Balloon No Actual/360 0 0 60 60 330 330 8/29/2024
23.01 Property 1 8705-8711 South Morgan Street
23.02 Property 1 11214-11218 South Indiana Avenue
23.03 Property 1 8201 South Paulina Street
23.04 Property 1 2320 West Garfield Boulevard
23.05 Property 1 7818-7820 South South Shore Drive
23.06 Property 1 8001-8007 South Eberhart Avenue
23.07 Property 1 8139-8145 South Maryland Avenue
23.08 Property 1 535 East 102nd Street
23.09 Property 1 6516 South Stony Island Avenue
23.10 Property 1 7770-7778 South South Shore Drive
23.11 Property 1 9017-9025 South Cottage Grove Avenue
23.12 Property 1 7956 South Normal Avenue
24 Loan 19, 23 1 London Bridge Industrial 6.54634% NAP 77,596.30 NAP 931,155.60 Interest Only No Actual/360 60 59 60 59 0 0 8/1/2024
25 Loan 10, 15 1 Fountain Hills Plaza 6.47759% NAP 75,856.84 NAP 910,282.08 Interest Only No Actual/360 60 60 60 60 0 0 8/9/2024
26 Loan 21 1 80 White Street 7.18634% NAP 79,083.33 NAP 948,999.96 Interest Only No Actual/360 60 60 60 60 0 0 8/16/2024
27 Loan 20 1 Feasterville Plaza 7.20634% NAP 78,692.99 NAP 944,315.88 Interest Only No Actual/360 60 59 60 59 0 0 8/9/2024
28 Loan 10, 17, 19, 23 1 Crown Center 7.32759% NAP 71,415.80 NAP 856,989.60 Interest Only No Actual/360 60 60 60 60 0 0 8/13/2024
29 Loan 1 The Park at Milestone 6.29034% NAP 60,719.78 NAP 728,637.36 Interest Only No Actual/360 60 60 60 60 0 0 8/30/2024
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 7.76759% NAP 73,058.30 NAP 876,699.60 Interest Only No Actual/360 60 59 60 59 0 0 8/1/2024
30.01 Property 1 WoodSpring Suites Fort Wayne
30.02 Property 1 WoodSpring Suites Easton
30.03 Property 1 WoodSpring Suites Fairfield
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 7.73634% 71,641.22 65,480.32 859,694.64 785,763.84 Interest Only, Amortizing Balloon No Actual/360 12 12 60 60 360 360 8/29/2024
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 7.93634% NAP 60,453.13 NAP 725,437.56 Interest Only No Actual/360 60 59 60 59 0 0 7/25/2024
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center 8.18634% NAP 61,661.34 NAP 739,936.08 Interest Only No Actual/360 60 58 60 58 0 0 7/10/2024
34 Loan 2, 16, 19 1 The Hub 7.47434% NAP 55,674.67 NAP 668,096.04 Interest Only No Actual/360 60 59 60 59 0 0 7/25/2024
35 Loan 16, 23, 30 1 Enfield Industrial 7.58634% NAP 54,259.95 NAP 651,119.40 Interest Only No Actual/360 60 60 60 60 0 0 8/23/2024
36 Loan 1 Storage Sense Orlando 6.69834% NAP 47,636.56 NAP 571,638.72 Interest Only No Actual/360 60 59 60 59 0 0 7/9/2024

 

 A-1-5 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) 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.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date
9 9 9 9 11
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 7.18634% 49,212.15 NAP 590,545.80 NAP Amortizing Balloon No Actual/360 0 0 60 60 360 360 8/30/2024
37.01 Property 1 Lakecrest
37.02 Property 1 Southpointe
38 Loan 6, 13, 16 3 Retek New York Portfolio 6.83634% NAP 41,931.28 NAP 503,175.36 Interest Only No Actual/360 60 60 60 60 0 0 8/26/2024
38.01 Property 1 1503 Teller Avenue
38.02 Property 1 171 Herzl Street
38.03 Property 1 2822 University Avenue
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 6.23759% NAP 35,908.40 NAP 430,900.80 Interest Only No Actual/360 60 59 60 59 0 0 8/9/2024
39.01 Property 1 Saucon Valley Crossing
39.02 Property 1 Birch Knoll
40 Loan 13, 18, 27 1 2758 Creston Avenue 6.90634% 43,423.95 NAP 521,087.40 NAP Amortizing Balloon No Actual/360 0 0 60 60 360 360 8/28/2024
41 Loan 2, 16 1 1900 Euclid Avenue 6.83634% 42,591.85 NAP 511,102.20 NAP Amortizing Balloon No Actual/360 0 0 60 60 360 360 8/30/2024
42 Loan 2, 19, 20 1 501 Hayes 6.44134% NAP 35,450.20 NAP 425,402.40 Interest Only No Actual/360 60 60 60 60 0 0 8/16/2024
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 7.52759% NAP 41,144.88 NAP 493,738.56 Interest Only No Actual/360 60 60 60 60 0 0 8/30/2024
44 Loan 15 1 Strawberry Square Shopping Center 6.97759% NAP 34,846.09 NAP 418,153.08 Interest Only No Actual/360 60 60 60 60 0 0 8/20/2024
45 Loan 18, 20, 23 1 51 Haddonfield 6.94734% NAP 32,347.70 NAP 388,172.40 Interest Only No Actual/360 60 59 60 59 0 0 8/1/2024
46 Loan 16 1 140-150 Access Road 7.58634% NAP 35,317.13 NAP 423,805.56 Interest Only No Actual/360 60 60 60 60 0 0 8/15/2024
47 Loan 1 824 Classon Avenue 6.70634% NAP 29,666.39 NAP 355,996.68 Interest Only No Actual/360 60 60 60 60 0 0 8/28/2024
48 Loan 10 1 US Storage - Delray Beach 6.04759% NAP 26,212.21 NAP 314,546.52 Interest Only No Actual/360 60 57 60 57 0 0 5/30/2024
49 Loan 10 1 US Storage - Nashville 6.04759% NAP 25,719.87 NAP 308,638.44 Interest Only No Actual/360 60 57 60 57 0 0 5/30/2024
50 Loan 10 1 US Storage - Clarksville 6.04759% NAP 25,642.94 NAP 307,715.28 Interest Only No Actual/360 60 57 60 57 0 0 5/30/2024
51 Loan 5, 16, 27 1 286 East 163rd Street 7.29634% NAP 30,881.37 NAP 370,576.44 Interest Only No Actual/360 60 58 60 58 0 0 6/28/2024
52 Loan 13 1 60 Cottage Street 6.52634% NAP 24,865.63 NAP 298,387.56 Interest Only No Actual/360 60 59 60 59 0 0 8/2/2024
53 Loan 2, 28 1 431 Dekalb Avenue 6.88634% NAP 23,902.43 NAP 286,829.17 Interest Only No Actual/360 60 59 60 59 0 0 8/2/2024
54 Loan 16, 27, 29 1 1668 Bergen Street 6.69834% NAP 22,116.97 NAP 265,403.67 Interest Only No Actual/360 60 59 60 59 0 0 7/31/2024
55 Loan 1 Hamlet MHC 6.42759% NAP 16,294.46 NAP 195,533.52 Interest Only No Actual/360 60 60 60 60 0 0 8/23/2024

 

 A-1-6 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($) Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date Most Recent Description Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($)
10 12 16
1 Loan 6 3 Arch Portfolio 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(33),O(3) 9,910,694 3,027,779 6,882,915 7/31/2024 T-12 8,491,584 2,909,179 5,582,405
1.01 Property 1 The Arcadian 3,699,036 1,161,142 2,537,894 7/31/2024 T-12 3,046,336 1,084,423 1,961,913
1.02 Property 1 The Charleston 2,985,156 837,034 2,148,122 7/31/2024 T-12 2,594,434 817,170 1,777,264
1.03 Property 1 The Arlington 3,226,502 1,029,603 2,196,898 7/31/2024 T-12 2,850,814 1,007,586 1,843,229
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 1 6 9/6/2024 NAP 8/6/2029 8/6/2032 0 0 L(25),D(31),O(4) 136,878,629 76,295,844 60,582,785 6/30/2024 T-12 129,173,492 74,584,157 54,589,335
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) NAV NAV NAV NAV NAV NAV NAV NAV
3.01 Property 1 201 Merrimack Street NAV NAV NAV NAV NAV NAV NAV NAV
3.02 Property 1 117 Water Street NAV NAV NAV NAV NAV NAV NAV NAV
4 Loan 17, 19 1 Estates at Palm Bay 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),YM1(29),O(7) 7,866,018 2,670,621 5,195,397 6/30/2024 T-12 7,663,254 2,717,358 4,945,896
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 1 1 9/1/2024 9/1/2024 8/1/2029 8/1/2029 0 0 L(25),D(31),O(4) 41,668,756 11,820,364 29,848,392 5/31/2024 T-12 42,147,608 12,227,638 29,919,970
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) 6,747,675 3,085,940 3,661,735 6/30/2024 T-12 6,705,102 3,316,700 3,388,403
7 Loan 16, 19 1 New Jersey Logistics 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 5 5 L(24),D(32),O(4) NAV NAV NAV NAV NAV NAV NAV NAV
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 1 9 9/9/2024 NAP 8/9/2029 8/9/2029 0 0 YM0.5%(25),DorYM0.5%(28),O(7) 85,469,946 25,221,741 60,248,205 3/31/2024 T-12 84,472,430 25,317,096 59,155,334
8.01 Property 1 200 Sidney 23,664,042 6,898,096 16,765,946 3/31/2024 T-12 22,759,084 6,921,719 15,837,365
8.02 Property 1 Lincoln Centre 18,183,731 5,093,898 13,089,833 3/31/2024 T-12 18,193,066 5,181,882 13,011,184
8.03 Property 1 40 Erie Street 14,104,382 4,651,964 9,452,417 3/31/2024 T-12 14,006,653 4,579,941 9,426,712
8.04 Property 1 4570 Executive Drive 10,674,557 3,762,645 6,911,912 3/31/2024 T-12 10,861,584 3,817,054 7,044,530
8.05 Property 1 9360-9390 Towne Centre Drive 9,014,947 2,866,298 6,148,648 3/31/2024 T-12 8,970,666 2,982,548 5,988,118
8.06 Property 1 21 Erie Street 5,993,729 1,152,875 4,840,853 3/31/2024 T-12 5,866,478 1,065,329 4,801,149
8.07 Property 1 47 Erie Street Parking Structure 2,782,533 580,403 2,202,130 3/31/2024 T-12 2,770,094 552,837 2,217,257
8.08 Property 1 Eastgate Mall 1,052,026 215,560 836,466 3/31/2024 T-12 1,044,805 215,786 829,019
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 2 1 8/1/2024 NAP 7/1/2029 7/1/2029 0 0 L(26),D(27),O(7) 59,253,463 15,561,540 43,691,924 4/30/2024 T-12 59,426,990 15,869,494 43,557,495
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),DorYM1(29),O(7) 14,843,393 6,342,469 8,500,924 5/31/2024 T-12 13,660,870 6,210,980 7,449,891
11 Loan 3 1 Patriot Crossing 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),YM1(30),O(6) 4,061,904 1,579,316 2,482,588 7/31/2024 T-12 3,837,629 1,594,263 2,243,366
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(29),O(7) 3,180,205 854,665 2,325,541 6/30/2024 T-12 2,973,309 923,620 2,049,689
12.01 Property 1 Queen's Grant 1,634,702 415,142 1,219,561 6/30/2024 T-12 1,523,850 458,869 1,064,980
12.02 Property 1 Arrowood 1,545,503 439,523 1,105,980 6/30/2024 T-12 1,449,460 464,751 984,709
13 Loan 7, 12, 19 1 Westshore Crossing 2 6 8/6/2024 NAP 7/6/2029 7/6/2029 0 0 L(26),D(27),O(7) 6,198,227 2,356,254 3,841,973 4/30/2024 T-12 5,959,388 2,257,727 3,701,662
14 Loan 1 Oak Ridge City Center 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(11),YM1(42),O(7) 3,476,435 863,605 2,612,830 4/30/2024 T-12 3,505,582 838,313 2,667,269
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 5 0 L(23),YM1(2),DorYM1(31),O(4) 47,421,498 17,043,518 30,377,981 3/31/2024 T-12 48,058,002 17,301,924 30,756,078
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 0 0 L(24),D(30),O(6) 3,379,842 821,522 2,558,320 6/30/2024 T-12 3,338,662 715,320 2,623,342
17 Loan 19 1 Cherrywood Shopping Center 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(29),O(7) 3,374,335 1,008,579 2,365,756 6/30/2024 T-12 3,256,526 894,754 2,361,772
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) NAV NAV NAV NAV NAV NAV NAV NAV
19 Loan 1 The Palisades 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(29),O(7) 2,461,063 717,274 1,743,789 7/31/2024 T-12 2,291,278 738,291 1,552,987
20 Loan 7 1 Northwoods Apartments 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(31),O(4) 4,138,554 1,503,431 2,635,122 6/30/2024 T-12 4,017,088 1,522,201 2,494,887
21 Loan 4, 19, 30 1 DeKalb Student Housing 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(28),O(7) 4,624,901 2,107,202 2,517,699 5/31/2024 T-12 4,614,580 2,176,244 2,438,336
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 5 6 5/6/2024 NAP 4/6/2029 4/6/2029 0 0 L(11),YM1(18),DorYM1(24),O(7) 30,083,673 1,937,654 28,146,019 12/31/2023 T-12 29,989,517 2,405,590 27,583,927
22.01 Property 1 FCA USA - Detroit, MI 9,124,678 980,812 8,143,866 12/31/2023 T-12 8,520,112 650,834 7,869,278
22.02 Property 1 Grupo Antolin - Shelby Township, MI 3,723,073 62,226 3,660,847 12/31/2023 T-12 3,635,451 46,387 3,589,064
22.03 Property 1 Follett School - McHenry, IL 2,078,309 15,385 2,062,924 12/31/2023 T-12 2,282,237 242,928 2,039,309
22.04 Property 1 Shaw Aero - Naples, FL 1,339,488 263,265 1,076,223 12/31/2023 T-12 1,258,092 199,160 1,058,932
22.05 Property 1 Kuka - Sterling Heights, MI 1,189,724 19,724 1,170,000 12/31/2023 T-12 1,167,198 17,198 1,150,000
22.06 Property 1 ZF Active Safety - Findlay, OH 1,700,662 52,029 1,648,633 12/31/2023 T-12 2,181,541 566,121 1,615,420
22.07 Property 1 CF Sauer - 184 Suburban 1,140,189 5,229 1,134,961 12/31/2023 T-12 1,116,127 3,421 1,112,707
22.08 Property 1 CF Sauer - 728 N Main St. 1,196,256 12,180 1,184,076 12/31/2023 T-12 1,168,826 7,967 1,160,859
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA 1,054,508 24,302 1,030,206 12/31/2023 T-12 1,041,968 21,962 1,020,006
22.10 Property 1 Hannibal - Houston, TX 1,437,384 291,247 1,146,137 12/31/2023 T-12 1,440,392 316,728 1,123,664
22.11 Property 1 FedEx IV - Lexington, KY 853,366 12,834 840,532 12/31/2023 T-12 990,505 148,531 841,974
22.12 Property 1 VersaFlex - Kansas City, KS 720,000 5,328 714,672 12/31/2023 T-12 723,486 3,486 720,000
22.13 Property 1 Cott Beverage Inc - Sikeston, MO 920,672 79,649 841,024 12/31/2023 T-12 909,392 80,797 828,595
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD 661,814 6,949 654,865 12/31/2023 T-12 646,522 4,435 642,087
22.15 Property 1 CSTK - St. Louis, MO 995,619 94,628 900,991 12/31/2023 T-12 990,341 87,739 902,602
22.16 Property 1 CF Sauer - 39 S Park Dr. 736,155 7,492 728,662 12/31/2023 T-12 719,276 4,901 714,375
22.17 Property 1 AM Castle - Wichita, KS 750,794 0 750,794 12/31/2023 T-12 747,440 0 747,440
22.18 Property 1 CF Sauer - 9 Old Mill Road 387,452 3,946 383,506 12/31/2023 T-12 378,568 2,581 375,987
22.19 Property 1 CF Sauer - 2447 Eunice Avenue 44,567 230 44,338 12/31/2023 T-12 43,653 222 43,432
22.20 Property 1 CF Sauer - 513 West Butler Road 28,962 199 28,763 12/31/2023 T-12 28,391 192 28,199
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio 0 6 10/6/2024 10/6/2024 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) 3,243,411 870,203 2,373,209 6/30/2024 Various 2,384,527 688,907 1,695,620
23.01 Property 1 8705-8711 South Morgan Street 526,295 146,528 379,767 6/30/2024 T-8 Ann. NAV NAV NAV
23.02 Property 1 11214-11218 South Indiana Avenue 342,648 83,980 258,668 6/30/2024 T-12 330,498 85,251 245,247
23.03 Property 1 8201 South Paulina Street 267,830 74,532 193,298 6/30/2024 T-12 253,807 84,153 169,654
23.04 Property 1 2320 West Garfield Boulevard 277,075 72,219 204,856 6/30/2024 T-12 277,792 74,847 202,945
23.05 Property 1 7818-7820 South South Shore Drive 291,915 79,909 212,006 6/30/2024 T-12 274,421 79,812 194,609
23.06 Property 1 8001-8007 South Eberhart Avenue 254,366 63,530 190,836 6/30/2024 T-12 247,160 73,591 173,569
23.07 Property 1 8139-8145 South Maryland Avenue 216,926 57,139 159,787 6/30/2024 T-12 213,478 59,447 154,031
23.08 Property 1 535 East 102nd Street 245,330 70,566 174,764 6/30/2024 T-8 Ann. NAV NAV NAV
23.09 Property 1 6516 South Stony Island Avenue 215,984 64,083 151,901 6/30/2024 T-12 208,580 67,219 141,361
23.10 Property 1 7770-7778 South South Shore Drive 194,721 56,121 138,600 6/30/2024 T-12 188,837 56,765 132,072
23.11 Property 1 9017-9025 South Cottage Grove Avenue 233,787 53,984 179,803 6/30/2024 T-12 224,757 58,895 165,862
23.12 Property 1 7956 South Normal Avenue 176,535 47,612 128,923 6/30/2024 T-12 165,197 48,927 116,270
24 Loan 19, 23 1 London Bridge Industrial 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(12),YM1(44),O(4) 2,010,455 532,603 1,477,852 6/30/2024 T-12 1,841,906 531,745 1,310,162
25 Loan 10, 15 1 Fountain Hills Plaza 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 5 5 L(24),D(30),O(6) 2,174,796 510,646 1,664,149 6/30/2024 T-12 2,153,383 486,278 1,667,104
26 Loan 21 1 80 White Street 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) 1,352,205 675,653 676,552 4/30/2024 T-12 1,367,969 679,460 688,509
27 Loan 20 1 Feasterville Plaza 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),YM1(28),O(7) 2,028,131 681,041 1,347,090 6/30/2024 T-12 2,025,441 568,233 1,457,208
28 Loan 10, 17, 19, 23 1 Crown Center 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 0 5 L(24),D(30),O(6) 2,584,176 1,296,092 1,288,085 4/30/2024 T-12 2,554,885 1,199,237 1,355,648
29 Loan 1 The Park at Milestone 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(29),O(7) 1,790,155 1,216,900 573,255 7/31/2024 T-12 1,356,183 1,242,025 114,158
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 1 1 9/1/2024 NAP 8/1/2029 8/1/2029 0 5 L(25),D(29),O(6) 5,417,506 3,706,957 1,710,549 5/31/2024 T-12 5,196,777 3,505,926 1,690,851
30.01 Property 1 WoodSpring Suites Fort Wayne 1,911,191 1,235,914 675,277 5/31/2024 T-12 1,772,449 1,206,927 565,522
30.02 Property 1 WoodSpring Suites Easton 1,787,700 1,274,488 513,212 5/31/2024 T-12 1,583,014 1,163,365 419,649
30.03 Property 1 WoodSpring Suites Fairfield 1,718,615 1,196,555 522,060 5/31/2024 T-12 1,841,314 1,135,634 705,680
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 0 6 10/6/2024 10/6/2025 9/6/2029 9/6/2029 0 0 L(24),D(29),O(7) 3,435,883 2,069,128 1,366,755 6/30/2024 T-12 2,988,027 2,002,035 985,993
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(31),O(4) 3,047,141 1,594,474 1,452,666 5/31/2024 T-12 3,003,498 1,615,147 1,388,350
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center 2 6 8/6/2024 NAP 7/6/2029 7/6/2029 0 0 L(26),D(27),O(7) 3,317,111 2,021,469 1,295,642 5/31/2024 T-12 3,303,896 2,001,982 1,301,914
34 Loan 2, 16, 19 1 The Hub 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(31),O(4) NAV NAV NAV NAV NAV NAV NAV NAV
35 Loan 16, 23, 30 1 Enfield Industrial 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) 810,006 316,738 493,267 6/30/2024 T-12 462,166 327,378 134,788
36 Loan 1 Storage Sense Orlando 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(28),O(7) 1,066,834 341,733 725,100 5/31/2024 T-12 1,062,117 343,302 718,815

 

 A-1-7 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($) Most Recent Expenses ($) Most Recent NOI ($) Most Recent NOI Date Most Recent Description Second Most Recent EGI ($) Second Most Recent Expenses ($) Second Most Recent NOI ($)
10 12 16
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 0 6 10/6/2024 10/6/2024 9/6/2029 9/6/2029 0 0 L(24),D(32),O(4) 1,980,612 1,211,067 769,545 7/31/2024 T-12 1,794,884 1,210,176 584,707
37.01 Property 1 Lakecrest 1,095,140 588,367 506,773 7/31/2024 T-12 1,044,206 569,468 474,738
37.02 Property 1 Southpointe 885,472 622,700 262,772 7/31/2024 T-12 750,678 640,708 109,969
38 Loan 6, 13, 16 3 Retek New York Portfolio 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(11),YM1(42),O(7) 225,206 21,590 203,616 8/31/2024 T-12 NAV NAV NAV
38.01 Property 1 1503 Teller Avenue 72,001 3,093 68,908 8/31/2024 T-12 NAV NAV NAV
38.02 Property 1 171 Herzl Street 60,538 2,754 57,784 8/31/2024 T-12 NAV NAV NAV
38.03 Property 1 2822 University Avenue 92,667 15,743 76,924 8/31/2024 T-12 NAV NAV NAV
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(28),O(7) 902,869 437,522 465,348 6/30/2024 T-12 859,229 444,957 414,272
39.01 Property 1 Saucon Valley Crossing 409,031 171,059 237,972 6/30/2024 T-12 404,298 175,329 228,970
39.02 Property 1 Birch Knoll 493,839 266,463 227,376 6/30/2024 T-12 454,931 269,629 185,302
40 Loan 13, 18, 27 1 2758 Creston Avenue 0 6 10/6/2024 10/6/2024 9/6/2029 9/6/2029 0 0 L(23),YM1(33),O(4) 235,207 13,982 221,225 7/31/2024 T-12 NAV NAV NAV
41 Loan 2, 16 1 1900 Euclid Avenue 0 6 10/6/2024 10/6/2024 9/6/2029 9/6/2029 0 0 L(24),YM1(29),O(7) 1,322,215 725,605 596,610 5/31/2024 T-12 1,198,278 710,787 487,491
42 Loan 2, 19, 20 1 501 Hayes 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(31),O(5) 819,202 107,309 711,893 4/30/2024 T-12 778,568 104,289 674,279
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 0 0 L(24),D(33),O(3) 2,336,594 1,332,956 1,003,638 7/31/2024 T-12 2,251,717 1,394,930 856,786
44 Loan 15 1 Strawberry Square Shopping Center 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 0 0 L(24),D(33),O(3) 1,152,348 723,604 428,744 6/30/2024 T-12 1,220,346 669,924 550,422
45 Loan 18, 20, 23 1 51 Haddonfield 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(31),O(4) 1,600,242 1,033,246 566,996 6/30/2024 T-12 1,507,364 1,068,251 439,113
46 Loan 16 1 140-150 Access Road 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(24),D(29),O(7) NAV NAV NAV NAV NAV NAV NAV NAV
47 Loan 1 824 Classon Avenue 0 6 10/6/2024 NAP 9/6/2029 9/6/2029 0 0 L(11),YM1(45),O(4) 536,266 30,833 505,433 8/31/2024 T-12 539,235 57,437 481,798
48 Loan 10 1 US Storage - Delray Beach 3 1 7/1/2024 NAP 6/1/2029 6/1/2029 0 5 L(25),YM1(32),O(3) 1,148,860 407,364 741,496 3/31/2024 T-12 1,178,778 408,325 770,453
49 Loan 10 1 US Storage - Nashville 3 1 7/1/2024 NAP 6/1/2029 6/1/2029 0 5 L(25),YM1(32),O(3) 1,019,844 346,587 673,257 3/31/2024 T-12 1,000,860 346,403 654,457
50 Loan 10 1 US Storage - Clarksville 3 1 7/1/2024 NAP 6/1/2029 6/1/2029 0 5 L(25),YM1(32),O(3) 1,137,913 292,754 845,159 3/31/2024 T-12 1,130,815 293,572 837,243
51 Loan 5, 16, 27 1 286 East 163rd Street 2 6 8/6/2024 NAP 7/6/2029 7/6/2029 0 0 L(26),D(30),O(4) NAV NAV NAV NAV NAV NAV NAV NAV
52 Loan 13 1 60 Cottage Street 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(11),YM1(45),O(4) 478,978 86,384 392,594 7/31/2024 T-12 504,106 86,397 417,709
53 Loan 2, 28 1 431 Dekalb Avenue 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(31),O(4) 345,983 53,559 292,424 6/30/2024 T-12 204,218 54,994 149,224
54 Loan 16, 27, 29 1 1668 Bergen Street 1 6 9/6/2024 NAP 8/6/2029 8/6/2029 0 0 L(25),D(31),O(4) NAV NAV NAV NAV NAV NAV NAV NAV
55 Loan 1 Hamlet MHC 0 1 10/1/2024 NAP 9/1/2029 9/1/2029 0 0 L(25),YM1(29),O(6) 359,193 110,789 248,405 6/30/2024 T-12 343,074 116,549 226,525

 

 A-1-8 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x) Underwritten NCF DSCR (x)
16 16 15 15 7, 14 7, 14
1 Loan 6 3 Arch Portfolio 12/31/2023 T-12 6,348,884 2,597,339 3,751,546 12/31/2022 T-12 89.6% 10,707,510 3,085,563 7,621,948 203,250 0 7,418,698 1.46 1.42
1.01 Property 1 The Arcadian 12/31/2023 T-12 2,151,687 920,268 1,231,419 12/31/2022 T-12 90.4% 4,026,076 1,238,468 2,787,608 71,250 0 2,716,358
1.02 Property 1 The Charleston 12/31/2023 T-12 1,876,193 732,120 1,144,073 12/31/2022 T-12 93.5% 3,220,138 831,941 2,388,197 58,500 0 2,329,697
1.03 Property 1 The Arlington 12/31/2023 T-12 2,321,003 944,951 1,376,053 12/31/2022 T-12 85.4% 3,461,296 1,015,154 2,446,142 73,500 0 2,372,642
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 12/31/2023 T-12 129,208,510 68,005,400 61,203,110 12/31/2022 T-12 95.0% 177,408,734 76,356,450 101,052,285 376,202 0 100,676,083 2.73 2.72
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio NAV NAV NAV NAV NAV NAV NAV 95.0% 8,832,476 1,575,343 7,257,133 34,430 68,861 7,153,842 1.66 1.64
3.01 Property 1 201 Merrimack Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
3.02 Property 1 117 Water Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4 Loan 17, 19 1 Estates at Palm Bay 12/31/2023 T-12 6,950,919 2,615,596 4,335,323 12/31/2022 T-12 95.0% 7,901,075 2,612,665 5,288,410 75,000 0 5,213,410 1.31 1.29
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 12/31/2023 T-12 40,539,309 11,947,424 28,591,885 12/31/2022 T-12 95.4% 41,481,121 11,271,177 30,209,945 232,624 324,592 29,652,729 1.75 1.72
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 12/31/2023 T-12 6,162,076 3,286,914 2,875,162 12/31/2022 T-12 94.1% 6,616,450 1,650,161 4,966,288 69,250 0 4,897,038 1.30 1.29
7 Loan 16, 19 1 New Jersey Logistics NAV NAV NAV NAV NAV NAV NAV 95.0% 6,236,143 1,257,080 4,979,063 36,805 92,013 4,850,245 1.86 1.81
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 12/31/2023 T-12 82,497,597 23,810,406 58,687,190 12/31/2022 T-12 93.7% 97,707,980 25,625,813 72,082,166 66,915 497,729 71,517,523 2.36 2.34
8.01 Property 1 200 Sidney 12/31/2023 T-12 22,214,851 6,661,111 15,553,740 12/31/2022 T-12 100.0% 31,122,294 6,841,858 24,280,436 33,951 94,308 24,152,177
8.02 Property 1 Lincoln Centre 12/31/2023 T-12 17,847,308 5,067,069 12,780,239 12/31/2022 T-12 100.0% 20,914,054 5,419,567 15,494,487 10,800 180,000 15,303,687
8.03 Property 1 40 Erie Street 12/31/2023 T-12 12,121,371 4,032,638 8,088,733 12/31/2022 T-12 100.0% 15,205,784 4,613,990 10,591,794 4,266 53,319 10,534,209
8.04 Property 1 4570 Executive Drive 12/31/2023 T-12 10,448,701 3,452,658 6,996,043 12/31/2022 T-12 91.5% 12,230,158 3,839,407 8,390,751 7,533 62,775 8,320,443
8.05 Property 1 9360-9390 Towne Centre Drive 12/31/2023 T-12 10,779,744 2,856,444 7,923,300 12/31/2022 T-12 60.6% 7,873,720 2,960,083 4,913,637 7,379 73,789 4,832,469
8.06 Property 1 21 Erie Street 12/31/2023 T-12 5,677,004 998,372 4,678,632 12/31/2022 T-12 100.0% 6,491,667 1,159,323 5,332,345 2,077 25,957 5,304,311
8.07 Property 1 47 Erie Street Parking Structure 12/31/2023 T-12 2,433,387 591,553 1,841,834 12/31/2022 T-12 NAP 2,782,533 584,424 2,198,109 0 0 2,198,109
8.08 Property 1 Eastgate Mall 12/31/2023 T-12 975,231 150,562 824,669 12/31/2022 T-12 100.0% 1,087,770 207,163 880,608 910 7,582 872,116
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 12/31/2023 T-12 56,031,261 16,837,781 39,193,479 12/31/2022 T-12 95.0% 58,468,101 15,644,476 42,823,625 219,376 1,038,756 41,565,493 2.37 2.30
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 12/31/2023 T-12 11,934,903 6,116,002 5,818,901 12/31/2022 T-12 85.6% 17,729,678 6,923,863 10,805,815 73,623 294,493 10,437,699 1.61 1.55
11 Loan 3 1 Patriot Crossing 12/31/2023 T-12 3,712,759 1,457,861 2,254,898 12/31/2022 T-12 94.2% 4,209,817 1,529,594 2,680,223 90,500 0 2,589,723 1.31 1.27
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 12/31/2023 T-12 2,602,488 828,346 1,774,142 12/31/2022 T-12 94.7% 3,319,678 869,655 2,450,024 20,100 0 2,429,924 1.27 1.26
12.01 Property 1 Queen's Grant 12/31/2023 T-12 1,314,265 415,086 899,179 12/31/2022 T-12 94.6% 1,677,511 421,527 1,255,984 10,350 0 1,245,634
12.02 Property 1 Arrowood 12/31/2023 T-12 1,288,223 413,260 874,963 12/31/2022 T-12 94.7% 1,642,167 448,128 1,194,039 9,750 0 1,184,289
13 Loan 7, 12, 19 1 Westshore Crossing 12/31/2023 T-12 4,604,817 1,920,555 2,684,261 12/31/2022 T-12 93.5% 6,652,986 2,260,995 4,391,990 84,250 0 4,307,740 1.32 1.30
14 Loan 1 Oak Ridge City Center 12/31/2023 T-12 3,387,815 849,501 2,538,314 12/31/2022 T-12 95.0% 3,521,965 903,092 2,618,873 43,048 129,145 2,446,680 1.42 1.33
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 12/31/2023 T-12 48,167,771 16,915,840 31,251,930 12/31/2022 T-12 90.1% 46,320,029 17,725,341 28,594,688 183,756 918,779 27,492,153 2.27 2.18
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 12/31/2023 T-12 3,192,773 709,109 2,483,664 12/31/2022 T-12 95.0% 3,417,302 825,652 2,591,650 37,500 0 2,554,150 1.74 1.71
17 Loan 19 1 Cherrywood Shopping Center 12/31/2023 T-12 3,068,041 1,063,393 2,004,648 12/31/2022 T-12 95.0% 3,339,625 1,087,125 2,252,500 8,986 79,648 2,163,866 1.40 1.35
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAV NAV NAV NAV NAV NAV NAV 97.0% 1,956,072 156,227 1,799,845 7,250 0 1,792,595 1.28 1.28
19 Loan 1 The Palisades 12/31/2023 T-12 2,232,909 673,861 1,559,048 12/31/2022 T-12 94.3% 2,539,258 784,155 1,755,103 48,000 0 1,707,103 1.33 1.29
20 Loan 7 1 Northwoods Apartments 12/31/2023 T-12 3,648,119 1,474,791 2,173,328 12/31/2022 T-12 90.7% 4,321,762 1,301,720 3,020,042 70,000 0 2,950,042 1.38 1.35
21 Loan 4, 19, 30 1 DeKalb Student Housing 12/31/2023 T-12 4,544,247 2,209,533 2,334,713 12/31/2022 T-12 94.0% 4,634,449 2,185,838 2,448,610 106,200 0 2,342,410 1.65 1.58
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 12/31/2022 T-12 27,940,480 1,352,135 26,588,345 12/31/2021 T-12 100.0% 32,612,362 2,698,321 29,914,041 586,246 0 29,327,795 2.17 2.12
22.01 Property 1 FCA USA - Detroit, MI 12/31/2022 T-12 7,504,173 492,597 7,011,576 12/31/2021 T-12 100.0% 10,165,096 1,216,851 8,948,245 149,553 0 8,798,692
22.02 Property 1 Grupo Antolin - Shelby Township, MI 12/31/2022 T-12 3,572,514 53,827 3,518,687 12/31/2021 T-12 100.0% 3,862,154 136,993 3,725,161 53,971 0 3,671,190
22.03 Property 1 Follett School - McHenry, IL 12/31/2022 T-12 2,175,499 14,055 2,161,445 12/31/2021 T-12 100.0% 2,257,626 60,838 2,196,789 73,030 0 2,123,759
22.04 Property 1 Shaw Aero - Naples, FL 12/31/2022 T-12 1,185,273 140,625 1,044,648 12/31/2021 T-12 100.0% 1,482,908 319,310 1,163,598 19,587 0 1,144,011
22.05 Property 1 Kuka - Sterling Heights, MI 12/31/2022 T-12 1,145,854 15,854 1,130,000 12/31/2021 T-12 100.0% 1,315,504 54,009 1,261,495 30,000 0 1,231,495
22.06 Property 1 ZF Active Safety - Findlay, OH 12/31/2022 T-12 1,613,103 30,166 1,582,937 12/31/2021 T-12 100.0% 1,799,430 88,008 1,711,423 32,445 0 1,678,978
22.07 Property 1 CF Sauer - 184 Suburban 12/31/2022 T-12 1,095,495 4,606 1,090,889 12/31/2021 T-12 100.0% 1,198,556 27,502 1,171,054 15,910 0 1,155,144
22.08 Property 1 CF Sauer - 728 N Main St. 12/31/2022 T-12 1,148,824 10,727 1,138,097 12/31/2021 T-12 100.0% 1,255,057 33,326 1,221,732 37,050 0 1,184,682
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA 12/31/2022 T-12 1,030,165 20,259 1,009,906 12/31/2021 T-12 100.0% 1,120,814 54,362 1,066,453 12,847 0 1,053,606
22.10 Property 1 Hannibal - Houston, TX 12/31/2022 T-12 1,418,165 316,534 1,101,631 12/31/2021 T-12 100.0% 1,552,566 340,787 1,211,779 16,350 0 1,195,429
22.11 Property 1 FedEx IV - Lexington, KY 12/31/2022 T-12 960,054 145,240 814,814 12/31/2021 T-12 100.0% 855,554 26,656 828,898 20,773 0 808,125
22.12 Property 1 VersaFlex - Kansas City, KS 12/31/2022 T-12 721,756 1,756 720,000 12/31/2021 T-12 100.0% 851,541 20,629 830,912 16,950 0 813,962
22.13 Property 1 Cott Beverage Inc - Sikeston, MO 12/31/2022 T-12 894,780 78,430 816,350 12/31/2021 T-12 100.0% 979,883 112,372 867,512 25,500 0 842,012
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD 12/31/2022 T-12 640,692 2,212 638,480 12/31/2021 T-12 100.0% 700,694 18,761 681,932 18,000 0 663,932
22.15 Property 1 CSTK - St. Louis, MO 12/31/2022 T-12 917,357 14,755 902,602 12/31/2021 T-12 100.0% 1,124,754 131,892 992,862 8,404 0 984,458
22.16 Property 1 CF Sauer - 39 S Park Dr. 12/31/2022 T-12 706,968 6,600 700,367 12/31/2021 T-12 100.0% 772,341 20,506 751,835 22,800 0 729,035
22.17 Property 1 AM Castle - Wichita, KS 12/31/2022 T-12 767,495 0 767,495 12/31/2021 T-12 100.0% 834,023 22,751 811,272 19,140 0 792,132
22.18 Property 1 CF Sauer - 9 Old Mill Road 12/31/2022 T-12 372,089 3,475 368,614 12/31/2021 T-12 100.0% 406,497 10,794 395,703 12,000 0 383,703
22.19 Property 1 CF Sauer - 2447 Eunice Avenue 12/31/2022 T-12 42,580 225 42,355 12/31/2021 T-12 100.0% 46,876 1,167 45,709 1,035 0 44,674
22.20 Property 1 CF Sauer - 513 West Butler Road 12/31/2022 T-12 27,646 195 27,452 12/31/2021 T-12 100.0% 30,486 808 29,678 900 0 28,778
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio Various Various 1,827,777 641,017 1,186,760 Various Various 94.8% 3,220,807 1,139,567 2,081,240 70,215 0 2,011,025 1.55 1.49
23.01 Property 1 8705-8711 South Morgan Street NAV NAV NAV NAV NAV NAV NAV 95.0% 530,828 184,579 346,248 10,692 0 335,556
23.02 Property 1 11214-11218 South Indiana Avenue 12/31/2023 T-12 235,049 83,352 151,697 12/31/2022 T-11 Ann. 95.0% 342,137 112,487 229,650 9,126 0 220,524
23.03 Property 1 8201 South Paulina Street 12/31/2023 T-12 188,841 74,884 113,957 12/31/2022 T-11 Ann. 95.0% 272,973 94,587 178,386 5,962 0 172,424
23.04 Property 1 2320 West Garfield Boulevard 12/31/2023 T-12 237,346 69,617 167,729 12/31/2022 T-10 Ann. 94.1% 268,164 88,565 179,599 5,238 0 174,361
23.05 Property 1 7818-7820 South South Shore Drive 12/31/2023 T-12 238,520 72,122 166,398 12/31/2022 T-11 Ann. 95.0% 298,509 113,354 185,155 6,696 0 178,459
23.06 Property 1 8001-8007 South Eberhart Avenue 12/31/2023 T-12 194,773 65,518 129,255 12/31/2022 T-11 Ann. 94.7% 252,031 83,604 168,427 4,950 0 163,477
23.07 Property 1 8139-8145 South Maryland Avenue 12/31/2023 T-12 152,115 56,927 95,188 12/31/2022 T-12 95.0% 218,253 73,471 144,782 4,590 0 140,192
23.08 Property 1 535 East 102nd Street NAV NAV NAV NAV NAV NAV NAV 95.0% 252,453 89,625 162,828 6,446 0 156,382
23.09 Property 1 6516 South Stony Island Avenue 12/31/2023 T-12 149,329 60,777 88,552 12/31/2022 T-12 95.0% 215,141 81,262 133,879 4,400 0 129,479
23.10 Property 1 7770-7778 South South Shore Drive 12/31/2023 T-12 142,024 48,519 93,505 12/31/2022 T-9 Ann. 95.0% 197,448 72,453 124,995 4,065 0 120,930
23.11 Property 1 9017-9025 South Cottage Grove Avenue 12/31/2023 T-12 179,283 56,764 122,519 12/31/2022 T-8 Ann. 92.1% 196,968 81,864 115,104 3,864 0 111,240
23.12 Property 1 7956 South Normal Avenue 12/31/2023 T-12 110,497 52,537 57,961 12/31/2022 T-9 Ann. 95.0% 175,902 63,715 112,187 4,186 0 108,001
24 Loan 19, 23 1 London Bridge Industrial 12/31/2023 T-12 1,654,342 439,288 1,215,054 12/31/2022 T-12 95.0% 1,837,812 576,628 1,261,184 40,000 59,822 1,161,362 1.35 1.25
25 Loan 10, 15 1 Fountain Hills Plaza 12/31/2023 T-12 2,215,082 481,494 1,733,588 12/31/2022 T-12 86.4% 2,076,697 485,171 1,591,526 22,257 55,020 1,514,249 1.75 1.66
26 Loan 21 1 80 White Street 12/31/2023 T-12 1,100,418 691,482 408,936 12/31/2022 T-12 95.0% 1,918,302 698,799 1,219,504 9,947 0 1,209,557 1.29 1.27
27 Loan 20 1 Feasterville Plaza 12/31/2023 T-12 1,927,713 613,527 1,314,186 12/31/2022 T-12 95.0% 1,995,486 604,065 1,391,421 16,594 76,484 1,298,342 1.47 1.37
28 Loan 10, 17, 19, 23 1 Crown Center 9/30/2023 T-12 2,513,357 1,087,174 1,426,183 9/30/2022 T-12 91.4% 2,825,059 1,337,361 1,487,697 50,087 171,556 1,266,054 1.74 1.48
29 Loan 1 The Park at Milestone 12/31/2023 T-12 2,073,639 1,192,303 881,336 12/31/2022 T-12 86.3% 2,313,046 1,237,743 1,075,303 48,000 0 1,027,303 1.48 1.41
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 12/31/2023 T-12 5,879,952 3,458,607 2,421,345 12/31/2022 T-12 77.6% 5,417,506 3,658,718 1,758,788 216,700 0 1,542,087 2.01 1.76
30.01 Property 1 WoodSpring Suites Fort Wayne 12/31/2023 T-12 1,891,990 1,088,361 803,629 12/31/2022 T-12 82.4% 1,911,191 1,235,234 675,957 76,448 0 599,509
30.02 Property 1 WoodSpring Suites Easton 12/31/2023 T-12 1,944,325 1,264,739 679,586 12/31/2022 T-12 71.8% 1,787,700 1,221,134 566,566 71,508 0 495,058
30.03 Property 1 WoodSpring Suites Fairfield 12/31/2023 T-12 2,043,637 1,105,507 938,130 12/31/2022 T-12 78.6% 1,718,615 1,202,351 516,264 68,745 0 447,520
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 12/31/2023 T-12 3,537,013 2,052,923 1,484,090 12/31/2022 T-12 75.2% 3,435,883 2,098,008 1,337,875 137,435 0 1,200,439 1.56 1.40
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 12/31/2023 T-12 3,412,656 1,733,649 1,679,007 12/31/2022 T-12 76.9% 3,039,064 1,620,011 1,419,053 121,563 0 1,297,490 1.96 1.79
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center 12/31/2023 T-12 3,387,709 1,963,575 1,424,134 12/31/2022 T-12 72.1% 3,317,111 2,022,871 1,294,240 99,513 0 1,194,726 1.75 1.61
34 Loan 2, 16, 19 1 The Hub NAV NAV NAV NAV NAV NAV NAV 95.0% 1,259,945 112,626 1,147,319 7,760 37,800 1,101,759 1.72 1.65
35 Loan 16, 23, 30 1 Enfield Industrial 12/31/2023 T-12 504,778 153,226 351,552 12/31/2022 T-12 95.0% 1,243,018 335,208 907,810 24,451 24,718 858,642 1.39 1.32
36 Loan 1 Storage Sense Orlando 12/31/2023 T-12 992,946 330,049 662,896 12/31/2022 T-12 92.2% 1,074,531 348,724 725,807 6,226 0 719,581 1.27 1.26

 

 A-1-9 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Second Most Recent NOI Date Second Most Recent Description Third Most Recent EGI ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($) Underwritten TI / LC ($) Underwritten Net Cash Flow ($) Underwritten NOI DSCR (x) Underwritten NCF DSCR (x)
16 16 15 15 7, 14 7, 14
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 12/31/2023 T-12 1,699,797 1,014,193 685,604 12/31/2022 T-12 83.7% 2,397,849 1,253,992 1,143,857 23,867 64,013 1,055,976 1.94 1.79
37.01 Property 1 Lakecrest 12/31/2023 T-12 898,242 494,797 403,445 12/31/2022 T-12 84.8% 1,159,020 606,268 552,752 13,666 31,008 508,079
37.02 Property 1 Southpointe 12/31/2023 T-12 801,555 519,396 282,159 12/31/2022 T-12 82.6% 1,238,829 647,724 591,105 10,202 33,005 547,898
38 Loan 6, 13, 16 3 Retek New York Portfolio NAV NAV NAV NAV NAV NAV NAV 97.5% 805,209 100,390 704,819 5,200 0 699,619 1.40 1.39
38.01 Property 1 1503 Teller Avenue NAV NAV NAV NAV NAV NAV NAV 97.5% 314,243 37,761 276,482 2,000 0 274,482
38.02 Property 1 171 Herzl Street NAV NAV NAV NAV NAV NAV NAV 97.5% 247,380 30,854 216,526 1,600 0 214,926
38.03 Property 1 2822 University Avenue NAV NAV NAV NAV NAV NAV NAV 97.5% 243,587 31,775 211,812 1,600 0 210,212
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 12/31/2023 T-12 847,398 442,806 404,591 12/31/2022 T-12 91.0% 961,159 394,283 566,876 8,100 0 558,776 1.32 1.30
39.01 Property 1 Saucon Valley Crossing 12/31/2023 T-12 390,030 167,958 222,072 12/31/2022 T-12 91.2% 462,388 168,954 293,434 3,550 0 289,884
39.02 Property 1 Birch Knoll 12/31/2023 T-12 457,367 274,848 182,519 12/31/2022 T-12 90.8% 498,771 225,330 273,441 4,550 0 268,891
40 Loan 13, 18, 27 1 2758 Creston Avenue NAV NAV NAV NAV NAV NAV NAV 95.7% 734,160 81,914 652,246 4,200 0 648,046 1.25 1.24
41 Loan 2, 16 1 1900 Euclid Avenue 12/31/2023 T-12 1,128,782 696,061 432,721 12/31/2022 T-12 88.8% 1,474,446 814,288 660,158 25,600 0 634,559 1.29 1.24
42 Loan 2, 19, 20 1 501 Hayes 12/31/2023 T-12 693,816 133,903 559,913 12/31/2022 T-12 91.1% 869,985 274,140 595,845 4,000 0 591,845 1.40 1.39
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 12/31/2023 T-12 2,349,240 1,439,707 909,533 12/31/2022 T-12 86.6% 2,336,594 1,360,030 976,564 93,464 0 883,100 1.98 1.79
44 Loan 15 1 Strawberry Square Shopping Center 12/31/2023 T-12 1,084,668 543,694 540,974 12/31/2022 T-12 92.5% 1,231,078 600,573 630,505 13,961 20,288 596,256 1.51 1.43
45 Loan 18, 20, 23 1 51 Haddonfield 12/31/2023 T-12 1,627,289 1,115,054 512,235 12/31/2022 T-12 88.4% 1,925,945 1,081,678 844,267 19,676 102,978 721,613 2.17 1.86
46 Loan 16 1 140-150 Access Road NAV NAV NAV NAV NAV NAV NAV 95.0% 793,374 219,366 574,008 11,135 7,046 555,827 1.35 1.31
47 Loan 1 824 Classon Avenue 12/31/2023 T-12 268,740 40,432 228,308 12/31/2022 T-12 98.0% 543,841 69,406 474,435 2,500 0 471,935 1.33 1.33
48 Loan 10 1 US Storage - Delray Beach 12/31/2023 T-12 1,206,571 410,877 795,693 12/31/2022 T-12 93.2% 1,148,860 403,132 745,728 7,071 0 738,657 2.37 2.35
49 Loan 10 1 US Storage - Nashville 12/31/2023 T-12 942,638 356,856 585,781 12/31/2022 T-12 86.1% 1,019,844 353,197 666,648 7,866 0 658,782 2.16 2.13
50 Loan 10 1 US Storage - Clarksville 12/31/2023 T-12 1,147,164 276,457 870,707 12/31/2022 T-12 89.6% 1,137,913 286,077 851,836 7,659 0 844,178 2.77 2.74
51 Loan 5, 16, 27 1 286 East 163rd Street NAV NAV NAV NAV NAV NAV NAV 98.0% 521,744 54,359 467,385 3,600 0 463,785 1.26 1.25
52 Loan 13 1 60 Cottage Street 12/31/2023 T-12 443,124 41,761 401,363 12/31/2022 T-12 95.0% 528,678 137,941 390,737 4,200 0 386,537 1.31 1.30
53 Loan 2, 28 1 431 Dekalb Avenue 12/31/2023 T-12 157,165 40,587 116,578 12/31/2022 T-12 95.9% 480,025 87,664 392,361 2,540 4,196 385,625 1.37 1.34
54 Loan 16, 27, 29 1 1668 Bergen Street NAV NAV NAV NAV NAV NAV NAV 97.0% 415,245 50,043 365,202 2,500 0 362,702 1.38 1.37
55 Loan 1 Hamlet MHC 12/31/2023 T-12 309,208 138,249 170,960 12/31/2022 T-12 95.0% 377,457 110,380 267,077 4,000 0 263,077 1.37 1.35

 

 A-1-10 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  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 (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant   Largest Tenant SF 
          7 7 5 5    5, 7   5, 7   3, 4       22, 23  23
1 Loan 6 3 Arch Portfolio 10.3% 10.0% 117,900,000 As Is 8/14/2024 62.9% 62.9% 92.6% 8/1/2024      
1.01 Property   1 The Arcadian     45,200,000 As Is 8/14/2024     93.0% 8/1/2024 NAP NAP NAP
1.02 Property   1 The Charleston     35,100,000 As Is 8/14/2024     97.0% 8/1/2024 NAP NAP NAP
1.03 Property   1 The Arlington     37,600,000 As Is 8/14/2024     88.8% 8/1/2024 NAP NAP NAP
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 19.4% 19.4% 1,755,000,000 Alternate Market Value As Is Subject to EA Regarding Funds Held in Reserve 5/15/2024 29.6% 29.6% 97.5% 5/6/2024 No JP Morgan Chase 898,121
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 11.6% 11.4% 102,600,000 As Is 8/6/2024 60.9% 60.9% 100.0% 8/29/2024      
3.01 Property   1 201 Merrimack Street     53,900,000 As Is 8/6/2024     100.0% 8/29/2024 Yes Artisan Chef Manufacturing 182,304
3.02 Property   1 117 Water Street     48,700,000 As Is 8/6/2024     100.0% 8/29/2024 Yes Artisan Chef Manufacturing 162,000
4 Loan 17, 19 1 Estates at Palm Bay 8.7% 8.5% 87,200,000 As Is 6/27/2024 70.0% 70.0% 95.7% 6/30/2024 NAP NAP NAP
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 13.7% 13.5% 392,659,260 As Is with Escrow Reserve 6/4/2024 56.0% 53.0% 95.4% 6/30/2024 No JCPenney 96,605
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 8.3% 8.2% 90,100,000 Hypothetical Market Value with Restricted Rents 7/3/2024 66.6% 66.6% 94.2% 8/1/2024 NAP NAP NAP
7 Loan 16, 19 1 New Jersey Logistics 11.9% 11.5% 80,300,000 As Is 8/14/2024 52.3% 52.3% 100.0% 8/28/2024 Yes EDA International, Inc. 368,050
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 13.1% 13.0% 1,098,200,000 As Is Various 50.1% 50.1% 93.8% 4/12/2024      
8.01 Property   1 200 Sidney     323,600,000 As Is 4/30/2024     100.0% 4/12/2024 No AbbVie Inc. 119,980
8.02 Property   1 Lincoln Centre     243,000,000 As Is 4/22/2024     100.0% 4/12/2024 Yes Illumina, Inc. 360,000
8.03 Property   1 40 Erie Street     151,900,000 As Is 4/30/2024     100.0% 4/12/2024 No Intellia Therapeutics, Inc. 65,319
8.04 Property   1 4570 Executive Drive     120,000,000 As Is 4/24/2024     91.6% 4/12/2024 No BioMed Realty, L.P. 49,912
8.05 Property   1 9360-9390 Towne Centre Drive     141,000,000 As Is 4/24/2024     65.6% 4/12/2024 No Poseida Therapeutics, Inc. 71,405
8.06 Property   1 21 Erie Street     75,500,000 As Is 4/30/2024     100.0% 4/12/2024 Yes MIL 21E, LLC 51,914
8.07 Property   1 47 Erie Street Parking Structure     28,000,000 As Is 4/30/2024     NAP NAP NAP NAP NAP
8.08 Property   1 Eastgate Mall     15,200,000 As Is 4/24/2024     100.0% 4/12/2024 Yes Poseida Therapeutics, Inc. 15,163
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 16.8% 16.3% 605,000,000 As Is 5/13/2024 42.1% 42.1% 96.7% 4/30/2024 No JCPenney 162,347
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 11.3% 10.9% 158,400,000 As Is 7/2/2024 60.6% 60.6% 85.8% 8/2/2024 No Quest Workspaces 25,947
11 Loan 3 1 Patriot Crossing 9.0% 8.7% 47,400,000 As Is 7/23/2024 62.9% 62.9% 96.4% 8/7/2024 NAP NAP NAP
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 8.2% 8.2% 47,700,000 As Is 7/17/2024 62.3% 62.3% 98.0% 8/26/2024      
12.01 Property   1 Queen's Grant      24,900,000 As Is 7/17/2024     99.5% 8/26/2024 NAP NAP NAP
12.02 Property   1 Arrowood      22,800,000 As Is 7/17/2024     96.4% 8/26/2024 NAP NAP NAP
13 Loan 7, 12, 19 1 Westshore Crossing 8.7% 8.5% 86,200,000 As Is 5/28/2024 58.5% 58.5% 96.1% 6/19/2024 NAP NAP NAP
14 Loan   1 Oak Ridge City Center 10.5% 9.8% 35,900,000 As Is 4/23/2024 69.6% 69.6% 100.0% 6/18/2024 No Belk 61,200
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 11.9% 11.5% 555,000,000 As Is 4/30/2024 43.2% 43.2% 90.2% 4/19/2024 No Target 188,446
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 10.9% 10.8% 38,000,000 As Is 7/11/2024 62.5% 62.5% 97.3% 7/8/2024 NAP NAP NAP
17 Loan 19 1 Cherrywood Shopping Center 9.5% 9.1% 35,600,000 As Is 6/21/2024 66.7% 66.7% 100.0% 6/6/2024 No Iavarone Bros. of Wantagh, Inc. 12,375
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue 8.2% 8.1% 34,200,000 Market Value Subject to a Hypothetical Condition 7/22/2024 64.3% 64.3% 75.9% 8/7/2024 NAP NAP NAP
19 Loan   1 The Palisades 8.4% 8.1% 29,200,000 As Is 7/26/2024 71.9% 71.9% 94.8% 7/12/2024 NAP NAP NAP
20 Loan 7 1 Northwoods Apartments 8.7% 8.5% 52,000,000 As Is 7/23/2024 66.9% 66.9% 92.9% 7/18/2024 NAP NAP NAP
21 Loan 4, 19, 30 1 DeKalb Student Housing 12.4% 11.8% 35,100,000 As Is 6/18/2024 56.4% 56.4% 95.2% 6/30/2024 NAP NAP NAP
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 12.6% 12.4% 440,475,000 As Is Various 53.8% 53.8% 100.0% 4/5/2024      
22.01 Property   1 FCA USA - Detroit, MI     130,900,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Fiat Chrysler 997,022
22.02 Property   1 Grupo Antolin - Shelby Township, MI     52,000,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Grupo Antolin 359,807
22.03 Property   1 Follett School - McHenry, IL     37,600,000 As Is 2/28/2024     100.0% 4/5/2024 Yes Follett School Solutions 486,868
22.04 Property   1 Shaw Aero - Naples, FL     21,500,000 As Is 3/5/2024     100.0% 4/5/2024 Yes Shaw Aero Devices 130,581
22.05 Property   1 Kuka - Sterling Heights, MI     19,950,000 As Is 2/29/2024     100.0% 4/5/2024 Yes KUKA Systems 200,000
22.06 Property   1 ZF Active Safety - Findlay, OH     19,450,000 As Is 3/1/2024     100.0% 4/5/2024 Yes ZF Active Safety 216,300
22.07 Property   1 CF Sauer - 184 Suburban     18,000,000 As Is 3/1/2024     100.0% 4/5/2024 Yes Sauer Brands 106,066
22.08 Property   1 CF Sauer - 728 N Main St.     17,900,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Sauer Brands 247,000
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA     16,050,000 As Is 2/28/2024     100.0% 4/5/2024 Yes Walgreens 85,646
22.10 Property   1 Hannibal - Houston, TX     15,900,000 As Is 2/28/2024     100.0% 4/5/2024 Yes Hannibal Industries 109,000
22.11 Property   1 FedEx IV - Lexington, KY     14,700,000 As Is 3/7/2024     100.0% 4/5/2024 Yes FedEx Ground 138,487
22.12 Property   1 VersaFlex - Kansas City, KS     13,450,000 As Is 3/4/2024     100.0% 4/5/2024 Yes VersaFlex 113,000
22.13 Property   1 Cott Beverage Inc - Sikeston, MO     11,900,000 As Is 2/28/2024     100.0% 4/5/2024 Yes Cott Beverages 170,000
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD     11,300,000 As Is 3/1/2024     100.0% 4/5/2024 Yes Dunlop Protective Footwear 120,000
22.15 Property   1 CSTK - St. Louis, MO     11,200,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Central States Thermo King 56,029
22.16 Property   1 CF Sauer - 39 S Park Dr.     11,000,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Sauer Brands 152,000
22.17 Property   1 AM Castle - Wichita, KS     10,600,000 As Is 3/5/2024     100.0% 4/5/2024 Yes A.M. Castle & Co 127,600
22.18 Property   1 CF Sauer - 9 Old Mill Road     5,800,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Sauer Brands 80,000
22.19 Property   1 CF Sauer - 2447 Eunice Avenue     775,000 As Is 3/4/2024     100.0% 4/5/2024 Yes Sauer Brands 6,900
22.20 Property   1 CF Sauer - 513 West Butler Road     500,000 As Is 2/29/2024     100.0% 4/5/2024 Yes Sauer Brands 6,000
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio 13.0% 12.6% 34,100,000 As Portfolio 6/14/2024 46.9% 44.0% 96.7% 8/29/2024      
23.01 Property   1 8705-8711 South Morgan Street     5,080,000 As Is 6/14/2024     97.2% 8/29/2024 NAP NAP NAP
23.02 Property   1 11214-11218 South Indiana Avenue     3,140,000 As Is 6/14/2024     100.0% 8/29/2024 NAP NAP NAP
23.03 Property   1 8201 South Paulina Street     2,530,000 As Is 6/14/2024     95.5% 8/29/2024 NAP NAP NAP
23.04 Property   1 2320 West Garfield Boulevard     2,510,000 As Is 6/14/2024     94.4% 8/29/2024 NAP NAP NAP
23.05 Property   1 7818-7820 South South Shore Drive     2,670,000 As Is 6/14/2024     95.8% 8/29/2024 NAP NAP NAP
23.06 Property   1 8001-8007 South Eberhart Avenue     2,310,000 As Is 6/14/2024     100.0% 8/29/2024 NAP NAP NAP
23.07 Property   1 8139-8145 South Maryland Avenue     2,200,000 As Is 6/14/2024     94.1% 8/29/2024 NAP NAP NAP
23.08 Property   1 535 East 102nd Street     2,180,000 As Is 6/14/2024     95.5% 8/29/2024 NAP NAP NAP
23.09 Property   1 6516 South Stony Island Avenue     1,850,000 As Is 6/14/2024     100.0% 8/29/2024 NAP NAP NAP
23.10 Property   1 7770-7778 South South Shore Drive     1,950,000 As Is 6/14/2024     100.0% 8/29/2024 NAP NAP NAP
23.11 Property   1 9017-9025 South Cottage Grove Avenue     1,900,000 As Is 6/14/2024     85.7% 8/29/2024 NAP NAP NAP
23.12 Property   1 7956 South Normal Avenue     1,710,000 As Is 6/14/2024     100.0% 8/29/2024 NAP NAP NAP
24 Loan 19, 23 1 London Bridge Industrial 9.0% 8.3% 32,200,000 As Is 7/8/2024 43.5% 43.5% 100.0% 7/15/2024 No U-Play USA, LLC 300,000
25 Loan 10, 15 1 Fountain Hills Plaza 11.5% 11.0% 21,250,000 As Is 6/26/2024 65.0% 65.0% 90.0% 6/30/2024 No Basha's 49,409
26 Loan 21 1 80 White Street 9.4% 9.3% 22,300,000 As Is 6/11/2024 58.3% 58.3% 100.0% 8/8/2024 No A&P Packing & Shipping 12,500
27 Loan 20 1 Feasterville Plaza 10.8% 10.1% 19,100,000 As Is 3/26/2024 67.5% 67.5% 100.0% 7/9/2024 No Bell's Market 52,694
28 Loan 10, 17, 19, 23 1 Crown Center 12.9% 11.0% 19,900,000 As Is 5/24/2024 57.8% 57.8% 90.3% 6/1/2024 No Brown & Brown of Florida Inc. 37,932
29 Loan   1 The Park at Milestone 9.4% 9.0% 17,300,000 As Is 3/21/2024 65.9% 65.9% 90.1% 8/26/2024 NAP NAP NAP
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 15.8% 13.9% 20,800,000 As Is Various 53.4% 53.4% 77.6% 5/31/2024      
30.01 Property   1 WoodSpring Suites Fort Wayne     7,400,000 As Is 6/23/2024     82.4% 5/31/2024 NAP NAP NAP
30.02 Property   1 WoodSpring Suites Easton     6,300,000 As Is 6/27/2024     71.8% 5/31/2024 NAP NAP NAP
30.03 Property   1 WoodSpring Suites Fairfield     7,100,000 As Is 6/26/2024     78.6% 5/31/2024 NAP NAP NAP
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 13.4% 12.0% 15,200,000 As Is 4/9/2024 65.8% 63.5% 76.6% 6/30/2024 NAP NAP NAP
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 15.8% 14.4% 13,700,000 Hypothetical As If Stabilized 6/6/2024 65.7% 65.7% 76.9% 5/31/2024 NAP NAP NAP
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center 14.5% 13.4% 14,500,000 As Is 3/19/2024 61.4% 61.4% 72.1% 5/31/2024 NAP NAP NAP
34 Loan 2, 16, 19 1 The Hub 13.0% 12.5% 15,930,000 As Is 5/24/2024 55.2% 55.2% 100.0% 7/25/2024 Yes The Bouldering Project 50,400
35 Loan 16, 23, 30 1 Enfield Industrial 10.7% 10.2% 14,000,000 As Is 7/25/2024 60.4% 60.4% 99.5% 8/13/2024 No SOLogistics 187,905
36 Loan   1 Storage Sense Orlando 8.6% 8.6% 12,900,000 As Is 6/24/2024 65.1% 65.1% 93.4% 6/30/2024 NAP NAP NAP

 

 A-1-11 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  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 (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant   Largest Tenant SF 
          7 7 5 5    5, 7   5, 7   3, 4       22, 23  23
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 15.8% 14.6% 10,000,000 As Is 7/19/2024 72.5% 68.8% 84.2% 8/16/2024      
37.01 Property   1 Lakecrest     5,300,000 As Is 7/19/2024     85.2% 8/16/2024 No Matrix IFS 8,125
37.02 Property   1 Southpointe       4,700,000 As Is 7/19/2024     83.2% 8/16/2024 No Choice Legal, Inc 10,905
38 Loan 6, 13, 16 3 Retek New York Portfolio 9.7% 9.7% 10,500,000 As Is Various 69.0% 69.0% 100.0% 7/21/2024      
38.01 Property   1 1503 Teller Avenue     4,100,000 As Is 6/10/2024     100.0% 7/21/2024 NAP NAP NAP
38.02 Property   1 171 Herzl Street     3,200,000 As Is 6/17/2024     100.0% 7/21/2024 NAP NAP NAP
38.03 Property   1 2822 University Avenue     3,200,000 As Is 6/10/2024     100.0% 7/21/2024 NAP NAP NAP
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 8.4% 8.3% 9,770,000 As Is 6/10/2024 69.0% 69.0% 96.3% 7/9/2024      
39.01 Property   1 Saucon Valley Crossing     5,250,000 As Is 6/10/2024     93.0% 7/9/2024 NAP NAP NAP
39.02 Property   1 Birch Knoll     4,520,000 As Is 6/10/2024     98.9% 7/9/2024 NAP NAP NAP
40 Loan 13, 18, 27 1 2758 Creston Avenue 9.9% 9.8% 10,600,000 As Is 2/20/2024 62.1% 58.7% 95.2% 8/12/2024 NAP NAP NAP
41 Loan 2, 16 1 1900 Euclid Avenue 10.2% 9.8% 10,300,000 As Is 4/1/2024 63.1% 59.7% 91.3% 6/24/2024 NAP NAP NAP
42 Loan 2, 19, 20 1 501 Hayes 9.2% 9.1% 9,770,000 As Is 7/9/2024 66.5% 66.5% 87.5% 8/12/2024 No Hazie's 3,300
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 15.1% 13.7% 10,700,000 As Is 7/15/2024 60.3% 60.3% 86.6% 7/31/2024 NAP NAP NAP
44 Loan 15 1 Strawberry Square Shopping Center 10.8% 10.2% 9,700,000 As Is 7/9/2024 60.3% 60.3% 100.0% 8/19/2024 No Save A Lot 28,630
45 Loan 18, 20, 23 1 51 Haddonfield 15.4% 13.1% 9,800,000 As Is 5/20/2024 56.1% 56.1% 87.1% 7/31/2024 No GSA IRS 20,145
46 Loan 16 1 140-150 Access Road 10.4% 10.1% 7,650,000 As Is 6/12/2024 71.9% 71.9% 100.0% 7/10/2024 No LandAir (Covenant Logistics) 25,458
47 Loan   1 824 Classon Avenue 9.1% 9.0% 8,220,000 As Is 6/20/2024 63.6% 63.6% 100.0% 8/21/2024 NAP NAP NAP
48 Loan 10 1 US Storage - Delray Beach 14.6% 14.5% 12,650,000 As Is 4/8/2024 40.4% 40.4% 90.9% 3/31/2024 NAP NAP NAP
49 Loan 10 1 US Storage - Nashville 13.3% 13.1% 11,760,000 As Is 4/9/2024 42.6% 42.6% 85.9% 3/31/2024 NAP NAP NAP
50 Loan 10 1 US Storage - Clarksville 17.0% 16.9% 14,470,000 As Is 4/9/2024 34.6% 34.6% 85.1% 3/31/2024 NAP NAP NAP
51 Loan 5, 16, 27 1 286 East 163rd Street 9.3% 9.3% 7,200,000 Prospective As Stabilized 5/20/2024 69.4% 69.4% 100.0% 5/20/2024 NAP NAP NAP
52 Loan 13 1 60 Cottage Street 8.7% 8.6% 6,600,000 As Is 5/9/2024 68.2% 68.2% 100.0% 6/30/2024 NAP NAP NAP
53 Loan 2, 28 1 431 Dekalb Avenue 9.6% 9.4% 6,400,000 As Is 6/10/2024 64.1% 64.1% 100.0% 7/31/2024 No Krishna Grocery 1,127
54 Loan 16, 27, 29 1 1668 Bergen Street 9.4% 9.3% 6,500,000 As Is 4/18/2024 60.0% 60.0% 100.0% 7/25/2024 NAP NAP NAP
55 Loan   1 Hamlet MHC 8.9% 8.8% 4,600,000 As Is 7/9/2024 65.0% 65.0% 100.0% 7/31/2024 NAP NAP NAP

 

 A-1-12 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Largest Tenant % of NRA Largest Tenant Lease Expiration Date Second Largest Tenant 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 Fourth Largest Tenant
23 23 23 23 23
1 Loan 6 3 Arch Portfolio
1.01 Property 1 The Arcadian NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.02 Property 1 The Charleston NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.03 Property 1 The Arlington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 47.7% 3/31/2026 Sumitomo Mitsui Banking Corporation 315,671 16.8% 6/30/2037 M&T Bank 92,658 4.9% 11/30/2033 Visa USA Inc
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio
3.01 Property 1 201 Merrimack Street 100.0% 8/24/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.02 Property 1 117 Water Street 100.0% 8/24/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 17, 19 1 Estates at Palm Bay NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 17.9% 1/31/2026 Forever 21 81,772 15.1% 12/31/2026 Foot Locker 18,376 3.4% 4/30/2032 H&M
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 16, 19 1 New Jersey Logistics 100.0% 8/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2
8.01 Property 1 200 Sidney 63.6% 7/31/2028 Seres Therapeutics, Inc. 68,636 36.4% 1/13/2030 NAP NAP NAP NAP NAP
8.02 Property 1 Lincoln Centre 100.0% 1/15/2033 NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.03 Property 1 40 Erie Street 61.3% 9/30/2026 BioNTech US Inc. 26,806 25.1% 9/30/2028 Gritstone Bio, Inc. 13,907 13.0% 4/30/2025 Make Life Sweeter, LLC
8.04 Property 1 4570 Executive Drive 39.8% 6/22/2025 Human Longevity, Inc. 48,049 38.3% 9/12/2025 International AIDS Vaccine Initiative, Inc. 17,006 13.5% 8/20/2026 NAP
8.05 Property 1 9360-9390 Towne Centre Drive 48.4% 12/31/2029 Biosplice Therapeutics, Inc. 25,391 17.2% 11/24/2030 NAP NAP NAP NAP NAP
8.06 Property 1 21 Erie Street 100.0% 11/30/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.07 Property 1 47 Erie Street Parking Structure NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.08 Property 1 Eastgate Mall 100.0% 12/31/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 14.8% 12/31/2040 AMC Theatres 94,560 8.6% 9/30/2028 Dick's Sporting Goods 77,411 7.1% 1/31/2027 Kidzania
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 8.8% 1/31/2034 Lytal Reiter Smith Ivey & Fronrath LLP 18,835 6.4% 3/31/2027 Wicker Smith O'Hara McCoy & Ford P.A. 17,010 5.8% 4/30/2030 GSA (U.S. Secret Service)
11 Loan 3 1 Patriot Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio
12.01 Property 1 Queen's Grant NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.02 Property 1 Arrowood NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 7, 12, 19 1 Westshore Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 1 Oak Ridge City Center 21.3% 6/30/2026 Dick's Sporting Goods 35,000 12.2% 1/31/2028 TJ Maxx 22,477 7.8% 8/31/2027 Ross Dress for Less
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 20.5% 10/14/2033 BJ's Wholesale Club 130,099 14.2% 8/2/2029 Home Depot 124,955 13.6% 2/28/2034 Food Bazaar
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 19 1 Cherrywood Shopping Center 20.7% 1/31/2040 Nashua Hollis CVS Inc. 11,700 19.5% 1/31/2039 Mama Ida Restaurant, LLC 6,460 10.8% 7/31/2032 Citizens Bank, N.A.
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 1 The Palisades NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 7 1 Northwoods Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 4, 19, 30 1 DeKalb Student Housing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio
22.01 Property 1 FCA USA - Detroit, MI 100.0% 7/2/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.02 Property 1 Grupo Antolin - Shelby Township, MI 100.0% 10/31/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.03 Property 1 Follett School - McHenry, IL 100.0% 12/31/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.04 Property 1 Shaw Aero - Naples, FL 100.0% 12/31/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.05 Property 1 Kuka - Sterling Heights, MI 100.0% 6/30/2034 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.06 Property 1 ZF Active Safety - Findlay, OH 100.0% 10/31/2033 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.07 Property 1 CF Sauer - 184 Suburban 100.0% 7/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.08 Property 1 CF Sauer - 728 N Main St. 100.0% 7/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA 100.0% 11/30/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.10 Property 1 Hannibal - Houston, TX 100.0% 9/30/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.11 Property 1 FedEx IV - Lexington, KY 100.0% 4/30/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.12 Property 1 VersaFlex - Kansas City, KS 100.0% 12/31/2038 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.13 Property 1 Cott Beverage Inc - Sikeston, MO 100.0% 1/31/2027 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD 100.0% 1/17/2031 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.15 Property 1 CSTK - St. Louis, MO 100.0% 3/25/2030 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.16 Property 1 CF Sauer - 39 S Park Dr. 100.0% 7/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.17 Property 1 AM Castle - Wichita, KS 100.0% 10/31/2029 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.18 Property 1 CF Sauer - 9 Old Mill Road 100.0% 7/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.19 Property 1 CF Sauer - 2447 Eunice Avenue 100.0% 7/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.20 Property 1 CF Sauer - 513 West Butler Road 100.0% 7/31/2039 NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio
23.01 Property 1 8705-8711 South Morgan Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.02 Property 1 11214-11218 South Indiana Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.03 Property 1 8201 South Paulina Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.04 Property 1 2320 West Garfield Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.05 Property 1 7818-7820 South South Shore Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.06 Property 1 8001-8007 South Eberhart Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.07 Property 1 8139-8145 South Maryland Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.08 Property 1 535 East 102nd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.09 Property 1 6516 South Stony Island Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.10 Property 1 7770-7778 South South Shore Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.11 Property 1 9017-9025 South Cottage Grove Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.12 Property 1 7956 South Normal Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 19, 23 1 London Bridge Industrial 75.0% 4/30/2032 LifeNet Health 100,000 25.0% 5/31/2026 NAP NAP NAP NAP NAP
25 Loan 10, 15 1 Fountain Hills Plaza 44.4% 3/31/2029 Paul's Ace Hardware 30,646 27.5% 2/28/2033 AutoZone Parts 6,600 5.9% 5/31/2031 Primary Care Medical
26 Loan 21 1 80 White Street 31.4% 8/31/2029 Click Therapeutics 12,500 31.4% 12/31/2026 Artists Space 8,536 21.5% 7/31/2038 Arsenal
27 Loan 20 1 Feasterville Plaza 47.6% 6/30/2031 Altitude Trampoline Park 30,865 27.9% 5/31/2027 Image Studios 360 6,000 5.4% 7/18/2030 YERE1 Restaurant, Inc
28 Loan 10, 17, 19, 23 1 Crown Center 35.2% 9/30/2034 Health Career Institute, LLC dba HCI College 23,479 21.8% 8/31/2028 Cruise One, Inc. 15,923 14.8% 4/30/2031 Attorney's Title Fund Services, LLC
29 Loan 1 The Park at Milestone NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 6, 10 3 Sandpiper Midwest Portfolio
30.01 Property 1 WoodSpring Suites Fort Wayne NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30.02 Property 1 WoodSpring Suites Easton NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30.03 Property 1 WoodSpring Suites Fairfield NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 2, 16, 19 1 The Hub 100.0% 9/30/2042 NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 16, 23, 30 1 Enfield Industrial 76.9% 10/31/2028 Kamps 40,000 16.4% 6/30/2025 Pallet Services Company 10,000 4.1% 8/31/2028 Classic Toy Soldiers, Inc
36 Loan 1 Storage Sense Orlando NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-1-13 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Largest Tenant % of NRA Largest Tenant Lease Expiration Date Second Largest Tenant 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 Fourth Largest Tenant
23 23 23 23 23
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest
37.01 Property 1 Lakecrest 13.6% 2/28/2025 OWT Global, LLC 5,151 8.6% 11/30/2029 Department of Juvenile Justice 4,971 8.3% 11/30/2029 The Roskamp Institute, Inc.
37.02 Property 1 Southpointe 17.7% 4/30/2028 Think Anew 8,298 13.4% 7/31/2029 Tri-City Electrical Contractors, Inc. 7,293 11.8% 4/30/2029 Strayer University, Inc.
38 Loan 6, 13, 16 3 Retek New York Portfolio
38.01 Property 1 1503 Teller Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38.02 Property 1 171 Herzl Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38.03 Property 1 2822 University Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP
39.01 Property 1 Saucon Valley Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39.02 Property 1 Birch Knoll NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 13, 18, 27 1 2758 Creston Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 2, 16 1 1900 Euclid Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 2, 19, 20 1 501 Hayes 60.0% 11/30/2031 Miette Patisserie 2,200 40.0% 1/31/2029 NAP NAP NAP NAP NAP
43 Loan 19 1 Suburban Extended Stay - Denver Westminster NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 15 1 Strawberry Square Shopping Center 41.0% 6/30/2032 Oak Street Health 9,000 12.9% 8/31/2031 John Lee dba All About Dollar 8,230 11.8% 5/31/2034 Rainbow Store #278
45 Loan 18, 20, 23 1 51 Haddonfield 20.5% 12/14/2034 Benefits Consultants Group/Horace Mann 19,708 20.0% 8/31/2034 GSA DHS 10,713 10.9% 11/14/2026 Asset Based Lending
46 Loan 16 1 140-150 Access Road 72.3% 6/29/2027 Custom Ecology, Inc. 9,774 27.7% 3/31/2027 NAP NAP NAP NAP NAP
47 Loan 1 824 Classon Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 10 1 US Storage - Delray Beach NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan 10 1 US Storage - Nashville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan 10 1 US Storage - Clarksville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan 5, 16, 27 1 286 East 163rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan 13 1 60 Cottage Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
53 Loan 2, 28 1 431 Dekalb Avenue 28.5% 6/30/2033 Pizza Spot 769 19.5% 9/30/2026 Platonic Love Vintage 635 16.1% 11/10/2028 Chabad of Brooklyn Heights Storage
54 Loan 16, 27, 29 1 1668 Bergen Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
55 Loan 1 Hamlet MHC NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-1-14 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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 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
          23   23                     17 17
1 Loan 6 3 Arch Portfolio                               
1.01 Property   1 The Arcadian NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/9/2024 NAP NAP No Fee NAP
1.02 Property   1 The Charleston NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/9/2024 NAP NAP No Fee NAP
1.03 Property   1 The Arlington NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/9/2024 NAP NAP No Fee NAP
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 49,236 2.6% 6/30/2033 Russell Reynolds Associates                 49,236 2.6% 12/31/2026 5/23/2024 NAP 5/23/2024 NAP NAP No Fee NAP
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio                               
3.01 Property   1 201 Merrimack Street NAP NAP NAP NAP  NAP  NAP NAP 8/7/2024 NAP 8/7/2024 NAP NAP No Fee NAP
3.02 Property   1 117 Water Street NAP NAP NAP NAP  NAP  NAP NAP 8/7/2024 NAP 8/7/2024 NAP NAP No Fee NAP
4 Loan 17, 19 1 Estates at Palm Bay NAP NAP NAP NAP  NAP  NAP NAP 6/27/2024 NAP 6/27/2024 NAP NAP No Leasehold 1/30/2066
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 17,510 3.2% 1/31/2032 Victoria's Secret                 14,115 2.6% 1/31/2032 5/20/2024 NAP 5/20/2024 NAP NAP No Fee NAP
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park NAP NAP NAP NAP  NAP  NAP NAP 7/11/2024 NAP 7/11/2024 NAP NAP No Fee / Leasehold 9/30/2123
7 Loan 16, 19 1 New Jersey Logistics NAP NAP NAP NAP  NAP  NAP NAP 8/16/2024 NAP 5/13/2024 NAP NAP No Fee NAP
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2                               
8.01 Property   1 200 Sidney NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 NAP NAP No Fee NAP
8.02 Property   1 Lincoln Centre NAP NAP NAP NAP  NAP  NAP NAP 4/10/2024 NAP 4/8/2024 4/8/2024 12% No Fee NAP
8.03 Property   1 40 Erie Street 606 0.6% 12/4/2029 NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 NAP NAP No Fee NAP
8.04 Property   1 4570 Executive Drive NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 4/8/2024 10% No Fee NAP
8.05 Property   1 9360-9390 Towne Centre Drive NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 4/8/2024 13% No Fee NAP
8.06 Property   1 21 Erie Street NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 NAP NAP No Fee NAP
8.07 Property   1 47 Erie Street Parking Structure NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 NAP NAP No Fee NAP
8.08 Property   1 Eastgate Mall NAP NAP NAP NAP  NAP  NAP NAP 4/8/2024 NAP 4/8/2024 4/8/2024 10% No Fee NAP
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 60,000 5.5% 11/30/2046 Haverty's Furniture                 60,000 5.5% 1/31/2026 4/15/2024 NAP 4/16/2024 NAP NAP No Fee NAP
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 13,135 4.5% 5/31/2035 Focus Financial Partners                 13,135 4.5% 2/28/2035 7/3/2024 NAP 7/3/2024 NAP NAP Yes - AE Fee NAP
11 Loan 3 1 Patriot Crossing NAP NAP NAP NAP  NAP  NAP NAP 8/27/2024 NAP 8/27/2024 NAP NAP Yes - AE, A1-A30 Fee NAP
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio                               
12.01 Property   1 Queen's Grant  NAP NAP NAP NAP  NAP  NAP NAP 7/25/2024 NAP 7/25/2024 NAP NAP Yes - AE, A1-A30 Fee NAP
12.02 Property   1 Arrowood  NAP NAP NAP NAP  NAP  NAP NAP 7/25/2024 NAP 7/25/2024 NAP NAP Yes - AE, A1-A30 Fee NAP
13 Loan 7, 12, 19 1 Westshore Crossing NAP NAP NAP NAP  NAP  NAP NAP 5/31/2024 NAP 5/31/2024 NAP NAP Yes - AE Fee NAP
14 Loan   1 Oak Ridge City Center 22,000 7.7% 1/31/2032 HomeGoods                 22,000 7.7% 9/30/2031 5/13/2024 NAP 5/13/2024 NAP NAP No Fee NAP
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 77,915 8.5% 9/30/2039 Burlington Coat Factory                 74,329 8.1% 1/31/2028 5/1/2024 NAP 4/30/2024 NAP NAP Yes - AE Leasehold 9/13/2055
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II NAP NAP NAP NAP  NAP  NAP NAP 7/18/2024 NAP 7/17/2024 NAP NAP No Fee NAP
17 Loan 19 1 Cherrywood Shopping Center 4,875 8.1% 12/31/2027 Mt. Fuji Japanese Cuisine Inc.                   3,140 5.2% 8/31/2026 7/10/2024 8/13/2024 7/10/2024 NAP NAP No Fee NAP
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAP NAP NAP NAP  NAP  NAP NAP 5/15/2024 NAP 5/15/2024 NAP NAP No Fee NAP
19 Loan   1 The Palisades NAP NAP NAP NAP  NAP  NAP NAP 7/31/2024 NAP 7/31/2024 NAP NAP No Fee NAP
20 Loan 7 1 Northwoods Apartments NAP NAP NAP NAP  NAP  NAP NAP 3/28/2024 NAP 7/15/2024 NAP NAP No Fee NAP
21 Loan 4, 19, 30 1 DeKalb Student Housing NAP NAP NAP NAP  NAP  NAP NAP 7/8/2024 NAP 7/8/2024; 7/9/2024 NAP NAP No Fee NAP
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio                               
22.01 Property   1 FCA USA - Detroit, MI NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.02 Property   1 Grupo Antolin - Shelby Township, MI NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.03 Property   1 Follett School - McHenry, IL NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.04 Property   1 Shaw Aero - Naples, FL NAP NAP NAP NAP  NAP  NAP NAP 3/8/2024 NAP 3/6/2024 NAP NAP Yes - AE Fee NAP
22.05 Property   1 Kuka - Sterling Heights, MI NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.06 Property   1 ZF Active Safety - Findlay, OH NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.07 Property   1 CF Sauer - 184 Suburban NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 3/6/2024 13% No Fee NAP
22.08 Property   1 CF Sauer - 728 N Main St. NAP NAP NAP NAP  NAP  NAP NAP 3/26/2024 NAP 3/13/2024 NAP NAP No Fee NAP
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.10 Property   1 Hannibal - Houston, TX NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.11 Property   1 FedEx IV - Lexington, KY NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.12 Property   1 VersaFlex - Kansas City, KS NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.13 Property   1 Cott Beverage Inc - Sikeston, MO NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 3/6/2024 13% No Fee NAP
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.15 Property   1 CSTK - St. Louis, MO NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.16 Property   1 CF Sauer - 39 S Park Dr. NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.17 Property   1 AM Castle - Wichita, KS NAP NAP NAP NAP  NAP  NAP NAP 3/26/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.18 Property   1 CF Sauer - 9 Old Mill Road NAP NAP NAP NAP  NAP  NAP NAP 3/15/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.19 Property   1 CF Sauer - 2447 Eunice Avenue NAP NAP NAP NAP  NAP  NAP NAP 3/6/2024 NAP 3/6/2024 NAP NAP No Fee NAP
22.20 Property   1 CF Sauer - 513 West Butler Road NAP NAP NAP NAP  NAP  NAP NAP 3/5/2024 NAP 3/6/2024 NAP NAP No Fee NAP
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio                               
23.01 Property   1 8705-8711 South Morgan Street NAP NAP NAP NAP  NAP  NAP NAP 7/18/2024 NAP 2/12/2024 NAP NAP No Fee NAP
23.02 Property   1 11214-11218 South Indiana Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/16/2024 NAP 2/10/2024 NAP NAP No Fee NAP
23.03 Property   1 8201 South Paulina Street NAP NAP NAP NAP  NAP  NAP NAP 7/17/2024 NAP 2/8/2024 NAP NAP No Fee NAP
23.04 Property   1 2320 West Garfield Boulevard NAP NAP NAP NAP  NAP  NAP NAP 7/17/2024 NAP 2/6/2024 NAP NAP No Fee NAP
23.05 Property   1 7818-7820 South South Shore Drive NAP NAP NAP NAP  NAP  NAP NAP 7/16/2024 NAP 2/2/2024 NAP NAP No Fee NAP
23.06 Property   1 8001-8007 South Eberhart Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/16/2024 NAP 2/1/2024 NAP NAP No Fee NAP
23.07 Property   1 8139-8145 South Maryland Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/17/2024 NAP 2/12/2024 NAP NAP No Fee NAP
23.08 Property   1 535 East 102nd Street NAP NAP NAP NAP  NAP  NAP NAP 7/18/2024 NAP 2/6/2024 NAP NAP No Fee NAP
23.09 Property   1 6516 South Stony Island Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/16/2024 NAP 2/1/2024 NAP NAP No Fee NAP
23.10 Property   1 7770-7778 South South Shore Drive NAP NAP NAP NAP  NAP  NAP NAP 7/18/2024 NAP 2/13/2024 NAP NAP No Fee NAP
23.11 Property   1 9017-9025 South Cottage Grove Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/17/2024 NAP 2/8/2024 NAP NAP No Fee NAP
23.12 Property   1 7956 South Normal Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/18/2024 NAP 2/12/2024 NAP NAP No Fee NAP
24 Loan 19, 23 1 London Bridge Industrial NAP NAP NAP NAP  NAP  NAP NAP 7/17/2024 NAP 7/16/2024 NAP NAP No Fee NAP
25 Loan 10, 15 1 Fountain Hills Plaza 2,560 2.3% 6/30/2026 Heartland Dental                   2,110 1.9% 9/30/2029 5/15/2024 NAP 5/16/2024 NAP NAP No Fee NAP
26 Loan 21 1 80 White Street 6,250 15.7% 6/30/2032 NAP  NAP  NAP NAP 6/12/2024 NAP 6/12/2024 NAP NAP No Fee NAP
27 Loan 20 1 Feasterville Plaza 5,000 4.5% 5/17/2027 Wise Game Club                   4,000 3.6% 3/14/2028 4/10/2024 NAP 4/1/2024 NAP NAP No Fee NAP
28 Loan 10, 17, 19, 23 1 Crown Center 11,885 11.0% 12/31/2026 Nova Southeastern University, Inc.                   6,903 6.4% 8/31/2031 6/5/2024 NAP 6/5/2024 NAP NAP Yes - AH Leasehold 1/14/2045
29 Loan   1 The Park at Milestone NAP NAP NAP NAP  NAP  NAP NAP 7/17/2024 NAP 7/17/2024 NAP NAP No Fee NAP
30 Loan 6, 10 3 Sandpiper Midwest Portfolio                               
30.01 Property   1 WoodSpring Suites Fort Wayne NAP NAP NAP NAP  NAP  NAP NAP 7/8/2024 NAP 7/8/2024 NAP NAP No Fee NAP
30.02 Property   1 WoodSpring Suites Easton NAP NAP NAP NAP  NAP  NAP NAP 7/8/2024 NAP 7/8/2024 NAP NAP No Fee NAP
30.03 Property   1 WoodSpring Suites Fairfield NAP NAP NAP NAP  NAP  NAP NAP 7/8/2024 NAP 7/8/2024 NAP NAP No Fee NAP
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport NAP NAP NAP NAP  NAP  NAP NAP 4/25/2024 NAP 4/25/2024 NAP NAP No Fee NAP
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington NAP NAP NAP NAP  NAP  NAP NAP 6/17/2024 NAP 6/12/2024 NAP NAP No Fee NAP
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center NAP NAP NAP NAP  NAP  NAP NAP 3/22/2024 NAP 3/22/2024 NAP NAP No Fee NAP
34 Loan 2, 16, 19 1 The Hub NAP NAP NAP NAP  NAP  NAP NAP 5/6/2024 NAP 6/6/2024 NAP NAP No Fee NAP
35 Loan 16, 23, 30 1 Enfield Industrial 3,650 1.5% 8/31/2025 Prime Cash and Carry                   1,750 0.7% 5/31/2026 8/13/2024 NAP 8/7/2024 NAP NAP No Fee NAP
36 Loan   1 Storage Sense Orlando NAP NAP NAP NAP  NAP  NAP NAP 7/1/2024 NAP 7/1/2024 NAP NAP No Fee NAP

 

 A-1-15 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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 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
          23   23                     17 17
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest                               
37.01 Property   1 Lakecrest 4,882 8.2% 11/30/2026 AssuranceAmerica Managing Gene                   4,400 7.4% 6/30/2028 8/5/2024 NAP 8/2/2024 NAP NAP Yes - AE, A1-A30 Fee NAP
37.02 Property   1 Southpointe   6,319 10.2% 10/31/2027 Visiting Nurses                   3,762 6.1% MTM 8/5/2024 NAP 8/2/2024 NAP NAP Yes - AE, A1-A30 Fee NAP
38 Loan 6, 13, 16 3 Retek New York Portfolio                               
38.01 Property   1 1503 Teller Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/12/2024 NAP 7/11/2024 NAP NAP No Fee NAP
38.02 Property   1 171 Herzl Street NAP NAP NAP NAP  NAP  NAP NAP 7/11/2024 NAP 7/15/2024 NAP NAP No Fee NAP
38.03 Property   1 2822 University Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/12/2024 NAP 7/12/2024 NAP NAP No Fee NAP
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP                               
39.01 Property   1 Saucon Valley Crossing NAP NAP NAP NAP  NAP  NAP NAP 6/21/2024 6/17/2024 4/11/2024 NAP NAP No Fee NAP
39.02 Property   1 Birch Knoll NAP NAP NAP NAP  NAP  NAP NAP 6/18/2024 NAP 4/11/2024 NAP NAP No Fee NAP
40 Loan 13, 18, 27 1 2758 Creston Avenue NAP NAP NAP NAP  NAP  NAP NAP 3/8/2024 NAP 3/8/2024 NAP NAP No Fee NAP
41 Loan 2, 16 1 1900 Euclid Avenue NAP NAP NAP NAP  NAP  NAP NAP 4/4/2024 NAP 4/4/2024 NAP NAP No Fee NAP
42 Loan 2, 19, 20 1 501 Hayes NAP NAP NAP NAP  NAP  NAP NAP 5/14/2024 NAP 5/14/2024 5/14/2024 10% No Fee NAP
43 Loan 19 1 Suburban Extended Stay - Denver Westminster NAP NAP NAP NAP  NAP  NAP NAP 7/11/2024 NAP 8/26/2024 NAP NAP No Fee NAP
44 Loan 15 1 Strawberry Square Shopping Center 7,424 10.6% 1/31/2031 Hair Town                   6,516 9.3% 12/31/2032 7/19/2024 NAP 7/19/2024 NAP NAP No Fee NAP
45 Loan 18, 20, 23 1 51 Haddonfield 8,265 8.4% 8/31/2031 CRRC MA Corporation                   3,371 3.4% 2/28/2027 6/4/2024 NAP 6/4/2024 NAP NAP No Fee NAP
46 Loan 16 1 140-150 Access Road NAP NAP NAP NAP  NAP  NAP NAP 7/10/2024 NAP 7/3/2024 NAP NAP No Fee NAP
47 Loan   1 824 Classon Avenue NAP NAP NAP NAP  NAP  NAP NAP 7/1/2024 NAP 7/1/2024 NAP NAP No Fee NAP
48 Loan 10 1 US Storage - Delray Beach NAP NAP NAP NAP  NAP  NAP NAP 4/15/2024 NAP 4/15/2024 NAP NAP No Fee NAP
49 Loan 10 1 US Storage - Nashville NAP NAP NAP NAP  NAP  NAP NAP 4/15/2024 NAP 4/15/2024 NAP NAP No Fee NAP
50 Loan 10 1 US Storage - Clarksville NAP NAP NAP NAP  NAP  NAP NAP 4/15/2024 NAP 4/15/2024 NAP NAP No Fee NAP
51 Loan 5, 16, 27 1 286 East 163rd Street NAP NAP NAP NAP  NAP  NAP NAP 3/29/2024 NAP 3/28/2024 NAP NAP No Fee NAP
52 Loan 13 1 60 Cottage Street NAP NAP NAP NAP  NAP  NAP NAP 5/22/2024 NAP 5/22/2024 NAP NAP No Fee NAP
53 Loan 2, 28 1 431 Dekalb Avenue 500 12.7% 1/31/2026 Beam Bike Joco LLC                       467 11.8% 12/31/2028 6/25/2024 NAP 6/25/2024 NAP NAP No Fee NAP
54 Loan 16, 27, 29 1 1668 Bergen Street NAP NAP NAP NAP  NAP  NAP NAP 5/6/2024 NAP 5/6/2024 NAP NAP No Fee NAP
55 Loan   1 Hamlet MHC NAP NAP NAP NAP  NAP  NAP NAP 7/19/2024 NAP 7/19/2024 NAP NAP No Fee NAP

 

 A-1-16 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Ground Lease Extension Terms 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 ($)
          17 17 17 18 19 18 19 18 19
1 Loan 6 3 Arch Portfolio       0 43,413 230,484 28,810 800,813 16,938
1.01 Property   1 The Arcadian NAP NAP NAP            
1.02 Property   1 The Charleston NAP NAP NAP            
1.03 Property   1 The Arlington NAP NAP NAP            
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue NAP NAP NAP 6,464,476 3,232,238 0 Springing 13,608,000 0
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio       74,022 24,674 264,539 38,391 0 2,869
3.01 Property   1 201 Merrimack Street NAP NAP NAP            
3.02 Property   1 117 Water Street NAP NAP NAP            
4 Loan 17, 19 1 Estates at Palm Bay None 8% of Gross Monthly Income No 123,727 20,621 0 Springing 0 6,250
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall NAP NAP NAP 0 Springing 0 Springing 0 Springing
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park None 0 No 1,180,085 131,121 76,976 12,829 0 5,771
7 Loan 16, 19 1 New Jersey Logistics NAP NAP NAP 110,568 55,284 82,550 10,319 0 3,067
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2       0 Springing 0 Springing 0 0
8.01 Property   1 200 Sidney NAP NAP NAP            
8.02 Property   1 Lincoln Centre NAP NAP NAP            
8.03 Property   1 40 Erie Street NAP NAP NAP            
8.04 Property   1 4570 Executive Drive NAP NAP NAP            
8.05 Property   1 9360-9390 Towne Centre Drive NAP NAP NAP            
8.06 Property   1 21 Erie Street NAP NAP NAP            
8.07 Property   1 47 Erie Street Parking Structure NAP NAP NAP            
8.08 Property   1 Eastgate Mall NAP NAP NAP            
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre NAP NAP NAP 0 Springing 0 Springing 0 Springing
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre NAP NAP NAP 1,819,946 181,995 0 Springing 0 6,135
11 Loan 3 1 Patriot Crossing NAP NAP NAP 169,918 16,992 139,886 13,989 0 7,542
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio       0 10,231 21,139 6,868 0 1,675
12.01 Property   1 Queen's Grant  NAP NAP NAP            
12.02 Property   1 Arrowood  NAP NAP NAP            
13 Loan 7, 12, 19 1 Westshore Crossing NAP NAP NAP 411,534 45,726 262,256 33,546 100,000 7,021
14 Loan   1 Oak Ridge City Center NAP NAP NAP 88,452 42,120 45,674 8,700 0 3,587
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 5, 10-year extension options The greater of (i) $394,961.41 ("Adjusted Base Amount") and (ii) 5% of Gross Revenue Yes 0 Springing 0 Springing 0 Springing
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II NAP NAP NAP 42,749 14,250 0 Springing 3,125 3,125
17 Loan 19 1 Cherrywood Shopping Center NAP NAP NAP 0 65,815 134,936 11,245 0 749
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAP NAP NAP 1,732 577 11,583 2,413 0 604
19 Loan   1 The Palisades NAP NAP NAP 43,830 8,766 0 Springing 0 4,000
20 Loan 7 1 Northwoods Apartments NAP NAP NAP 146,206 40,613 0 Springing 0 5,833
21 Loan 4, 19, 30 1 DeKalb Student Housing NAP NAP NAP 0 74,285 0 Springing 0 8,850
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio       376,843 94,211 0 Springing 0 Springing 
22.01 Property   1 FCA USA - Detroit, MI NAP NAP NAP            
22.02 Property   1 Grupo Antolin - Shelby Township, MI NAP NAP NAP            
22.03 Property   1 Follett School - McHenry, IL NAP NAP NAP            
22.04 Property   1 Shaw Aero - Naples, FL NAP NAP NAP            
22.05 Property   1 Kuka - Sterling Heights, MI NAP NAP NAP            
22.06 Property   1 ZF Active Safety - Findlay, OH NAP NAP NAP            
22.07 Property   1 CF Sauer - 184 Suburban NAP NAP NAP            
22.08 Property   1 CF Sauer - 728 N Main St. NAP NAP NAP            
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA NAP NAP NAP            
22.10 Property   1 Hannibal - Houston, TX NAP NAP NAP            
22.11 Property   1 FedEx IV - Lexington, KY NAP NAP NAP            
22.12 Property   1 VersaFlex - Kansas City, KS NAP NAP NAP            
22.13 Property   1 Cott Beverage Inc - Sikeston, MO NAP NAP NAP            
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD NAP NAP NAP            
22.15 Property   1 CSTK - St. Louis, MO NAP NAP NAP            
22.16 Property   1 CF Sauer - 39 S Park Dr. NAP NAP NAP            
22.17 Property   1 AM Castle - Wichita, KS NAP NAP NAP            
22.18 Property   1 CF Sauer - 9 Old Mill Road NAP NAP NAP            
22.19 Property   1 CF Sauer - 2447 Eunice Avenue NAP NAP NAP            
22.20 Property   1 CF Sauer - 513 West Butler Road NAP NAP NAP            
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio       42,686 21,343 39,035 19,518 0 5,851
23.01 Property   1 8705-8711 South Morgan Street NAP NAP NAP            
23.02 Property   1 11214-11218 South Indiana Avenue NAP NAP NAP            
23.03 Property   1 8201 South Paulina Street NAP NAP NAP            
23.04 Property   1 2320 West Garfield Boulevard NAP NAP NAP            
23.05 Property   1 7818-7820 South South Shore Drive NAP NAP NAP            
23.06 Property   1 8001-8007 South Eberhart Avenue NAP NAP NAP            
23.07 Property   1 8139-8145 South Maryland Avenue NAP NAP NAP            
23.08 Property   1 535 East 102nd Street NAP NAP NAP            
23.09 Property   1 6516 South Stony Island Avenue NAP NAP NAP            
23.10 Property   1 7770-7778 South South Shore Drive NAP NAP NAP            
23.11 Property   1 9017-9025 South Cottage Grove Avenue NAP NAP NAP            
23.12 Property   1 7956 South Normal Avenue NAP NAP NAP            
24 Loan 19, 23 1 London Bridge Industrial NAP NAP NAP 48,292 13,414 0 Springing 0 3,333
25 Loan 10, 15 1 Fountain Hills Plaza NAP NAP NAP 10,446 10,446 21,080 2,635 1,855 1,855
26 Loan 21 1 80 White Street NAP NAP NAP 145,414 36,353 17,112 5,704 0 829
27 Loan 20 1 Feasterville Plaza NAP NAP NAP 0 25,733 3,936 3,936 0 1,383
28 Loan 10, 17, 19, 23 1 Crown Center 3, 10-year options; 1, 5-year option 408,099 Yes 249,732 22,703 305,011 30,673 450,000 Springing 
29 Loan   1 The Park at Milestone NAP NAP NAP 254,583 29,951 52,274 7,468 0 5,600
30 Loan 6, 10 3 Sandpiper Midwest Portfolio       61,988 21,750 0 Springing 18,058 18,058
30.01 Property   1 WoodSpring Suites Fort Wayne NAP NAP NAP            
30.02 Property   1 WoodSpring Suites Easton NAP NAP NAP            
30.03 Property   1 WoodSpring Suites Fairfield NAP NAP NAP            
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport NAP NAP NAP 58,753 11,751 0 Springing 0 5,726
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington NAP NAP NAP 0 4,635 9,455 2,364 0 10,130
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center NAP NAP NAP 53,027 6,313 26,691 3,177 0 8,293
34 Loan 2, 16, 19 1 The Hub NAP NAP NAP 27,003 4,501 5,767 1,922 0 647
35 Loan 16, 23, 30 1 Enfield Industrial NAP NAP NAP 34,174 11,391 2,847 2,847 290,102 2,038
36 Loan   1 Storage Sense Orlando NAP NAP NAP 64,473 7,164 2,812 2,812 0 519

 

 A-1-17 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Ground Lease Extension Terms 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 ($)
          17 17 17 18 19 18 19 18 19
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest       179,896 16,354 118,106 23,621 0 2,025
37.01 Property   1 Lakecrest NAP NAP NAP            
37.02 Property   1 Southpointe   NAP NAP NAP            
38 Loan 6, 13, 16 3 Retek New York Portfolio       8,696 2,070 6,731 2,137 0 433
38.01 Property   1 1503 Teller Avenue NAP NAP NAP            
38.02 Property   1 171 Herzl Street NAP NAP NAP            
38.03 Property   1 2822 University Avenue NAP NAP NAP            
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP       21,073 5,268 867 867 0 675
39.01 Property   1 Saucon Valley Crossing NAP NAP NAP            
39.02 Property   1 Birch Knoll NAP NAP NAP            
40 Loan 13, 18, 27 1 2758 Creston Avenue NAP NAP NAP 750 179 3,304 1,049 0 350
41 Loan 2, 16 1 1900 Euclid Avenue NAP NAP NAP 71,107 23,702 26,273 6,568 0 2,133
42 Loan 2, 19, 20 1 501 Hayes NAP NAP NAP 14,493 3,623 8,611 4,305 0 333
43 Loan 19 1 Suburban Extended Stay - Denver Westminster NAP NAP NAP 71,786 11,964 48,229 4,823 7,789 7,789
44 Loan 15 1 Strawberry Square Shopping Center NAP NAP NAP 65,406 10,901 131,639 10,592 50,000 1,163
45 Loan 18, 20, 23 1 51 Haddonfield NAP NAP NAP 24,112 24,112 0 Springing 0 1,640
46 Loan 16 1 140-150 Access Road NAP NAP NAP 95,267 10,585 8,994 4,497 0 928
47 Loan   1 824 Classon Avenue NAP NAP NAP 8,899 2,119 2,718 1,294 0 208
48 Loan 10 1 US Storage - Delray Beach NAP NAP NAP 95,935 11,992 36,698 2,953 589 589
49 Loan 10 1 US Storage - Nashville NAP NAP NAP 47,828 9,566 34,527 2,778 656 656
50 Loan 10 1 US Storage - Clarksville NAP NAP NAP 23,635 4,727 32,123 2,585 638 638
51 Loan 5, 16, 27 1 286 East 163rd Street NAP NAP NAP 15,292 7,282 3,398 1,079 0 300
52 Loan 13 1 60 Cottage Street NAP NAP NAP 14,871 7,081 2,270 1,081 0 350
53 Loan 2, 28 1 431 Dekalb Avenue NAP NAP NAP 6,489 3,245 9,398 1,044 0 212
54 Loan 16, 27, 29 1 1668 Bergen Street NAP NAP NAP 9,923 4,962 4,956 916 0 208
55 Loan   1 Hamlet MHC NAP NAP NAP 675 675 1,129 565 342,333 333

 

 A-1-18 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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 ($)  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)
          20 18 19 20 18 19 20 18 18 19
1 Loan 6 3 Arch Portfolio 0 0 0 0 0 0 0 445,500 0 0
1.01 Property   1 The Arcadian                    
1.02 Property   1 The Charleston                    
1.03 Property   1 The Arlington                    
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 0 180,000,000 Springing 0 20,000,000 1,250,000 53,305,208 0 41,953,099 0
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 0 0 Springing 0 0 0 0 34,641 15,000,000 0
3.01 Property   1 201 Merrimack Street                    
3.02 Property   1 117 Water Street                    
4 Loan 17, 19 1 Estates at Palm Bay 0 0 0 0 0 0 0 0 150,217 Springing
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 270,493 0 Springing 1,081,972 0 0 0 0 0 Springing
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 0 0 0 0 0 0 0 15,625 0 Springing
7 Loan 16, 19 1 New Jersey Logistics 0 1,000,000 7,668 0 0 0 0 0 1,641,090 Springing
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 0 0 Springing An amount equal to twelve (12) multiplied by the Rollover Reserve Monthly Deposit. 0 0 0 0 3,569,740 0
8.01 Property   1 200 Sidney                    
8.02 Property   1 Lincoln Centre                    
8.03 Property   1 40 Erie Street                    
8.04 Property   1 4570 Executive Drive                    
8.05 Property   1 9360-9390 Towne Centre Drive                    
8.06 Property   1 21 Erie Street                    
8.07 Property   1 47 Erie Street Parking Structure                    
8.08 Property   1 Eastgate Mall                    
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 438,752 0 91,407 2,193,760 0 0 0 0 12,477,527 0
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 0 3,000,000 24,541 0 0 0 0 0 5,435,972 0
11 Loan 3 1 Patriot Crossing 0 0 0 0 0 0 0 199,576 0 0
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 0 0 0 0 0 0 0 325,000 0 0
12.01 Property   1 Queen's Grant                     
12.02 Property   1 Arrowood                     
13 Loan 7, 12, 19 1 Westshore Crossing 0 0 0 0 0 0 0 56,313 0 0
14 Loan   1 Oak Ridge City Center 0 300,000 10,762 0 0 0 0 125,325 0 0
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 547,400 874,981 Springing 1,696,118 0 0 0 0 9,000,000 Springing
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 0 0 0 0 0 0 0 0 0 0
17 Loan 19 1 Cherrywood Shopping Center 0 0 4,992 0 0 0 0 0 0 Springing
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue 0 0 0 0 0 0 0 0 1,535,120 0
19 Loan   1 The Palisades 0 0 0 0 0 0 0 39,500 0 0
20 Loan 7 1 Northwoods Apartments 0 0 0 0 0 0 0 53,750 78,750 0
21 Loan 4, 19, 30 1 DeKalb Student Housing 318,600 0 0 0 0 0 0 30,924 48,167 Springing
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 0 0 Springing 0 0 0 0 0 1,634,412 0
22.01 Property   1 FCA USA - Detroit, MI                    
22.02 Property   1 Grupo Antolin - Shelby Township, MI                    
22.03 Property   1 Follett School - McHenry, IL                    
22.04 Property   1 Shaw Aero - Naples, FL                    
22.05 Property   1 Kuka - Sterling Heights, MI                    
22.06 Property   1 ZF Active Safety - Findlay, OH                    
22.07 Property   1 CF Sauer - 184 Suburban                    
22.08 Property   1 CF Sauer - 728 N Main St.                    
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA                    
22.10 Property   1 Hannibal - Houston, TX                    
22.11 Property   1 FedEx IV - Lexington, KY                    
22.12 Property   1 VersaFlex - Kansas City, KS                    
22.13 Property   1 Cott Beverage Inc - Sikeston, MO                    
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD                    
22.15 Property   1 CSTK - St. Louis, MO                    
22.16 Property   1 CF Sauer - 39 S Park Dr.                    
22.17 Property   1 AM Castle - Wichita, KS                    
22.18 Property   1 CF Sauer - 9 Old Mill Road                    
22.19 Property   1 CF Sauer - 2447 Eunice Avenue                    
22.20 Property   1 CF Sauer - 513 West Butler Road                    
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio 0 0 0 0 0 0 0 218,750 0 0
23.01 Property   1 8705-8711 South Morgan Street                    
23.02 Property   1 11214-11218 South Indiana Avenue                    
23.03 Property   1 8201 South Paulina Street                    
23.04 Property   1 2320 West Garfield Boulevard                    
23.05 Property   1 7818-7820 South South Shore Drive                    
23.06 Property   1 8001-8007 South Eberhart Avenue                    
23.07 Property   1 8139-8145 South Maryland Avenue                    
23.08 Property   1 535 East 102nd Street                    
23.09 Property   1 6516 South Stony Island Avenue                    
23.10 Property   1 7770-7778 South South Shore Drive                    
23.11 Property   1 9017-9025 South Cottage Grove Avenue                    
23.12 Property   1 7956 South Normal Avenue                    
24 Loan 19, 23 1 London Bridge Industrial 0 0 5,000 200,000 0 0 0 0 0 0
25 Loan 10, 15 1 Fountain Hills Plaza 0 800,000 Springing 500,000 0 0 0 0 0 0
26 Loan 21 1 80 White Street 0 200,000 1,658 0 0 0 0 0 104,167 0
27 Loan 20 1 Feasterville Plaza 0 0 4,609 0 0 0 0 99,841 0 0
28 Loan 10, 17, 19, 23 1 Crown Center 100,000 14,296 14,296 0 0 0 0 0 859,379 Springing
29 Loan   1 The Park at Milestone 0 0 0 0 0 0 0 0 0 0
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 0 0 0 0 0 0 0 334,362 134,771 Springing
30.01 Property   1 WoodSpring Suites Fort Wayne                    
30.02 Property   1 WoodSpring Suites Easton                    
30.03 Property   1 WoodSpring Suites Fairfield                    
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 0 0 0 0 0 0 0 10,750 21,000 0
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 0 0 0 0 0 0 0 0 785,000 Springing
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center 0 0 0 0 0 0 0 0 0 0
34 Loan 2, 16, 19 1 The Hub 0 0 Springing 0 0 0 0 0 0 0
35 Loan 16, 23, 30 1 Enfield Industrial 0 0 5,094 0 0 0 0 5,980 0 0
36 Loan   1 Storage Sense Orlando 0 0 0 0 0 0 0 1,688 0 0

 

 A-1-19 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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 ($)  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)
          20 18 19 20 18 19 20 18 18 19
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 0 575,000 Springing 825,000 0 0 0 12,500 26,139 0
37.01 Property   1 Lakecrest                    
37.02 Property   1 Southpointe                      
38 Loan 6, 13, 16 3 Retek New York Portfolio 0 0 0 0 0 0 0 0 0 0
38.01 Property   1 1503 Teller Avenue                    
38.02 Property   1 171 Herzl Street                    
38.03 Property   1 2822 University Avenue                    
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 0 0 0 0 0 0 0 76,625 1,084,000 0
39.01 Property   1 Saucon Valley Crossing                    
39.02 Property   1 Birch Knoll                    
40 Loan 13, 18, 27 1 2758 Creston Avenue 0 0 0 0 71,591 0 0 0 791,000 0
41 Loan 2, 16 1 1900 Euclid Avenue 0 0 0 0 0 0 0 118,250 103,851 0
42 Loan 2, 19, 20 1 501 Hayes 8,000 0 Springing 11,000 0 0 0 0 0 0
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 0 0 0 0 0 0 0 0 0 Springing
44 Loan 15 1 Strawberry Square Shopping Center 0 250,000 Springing 250,000 0 0 0 105,688 13,097 0
45 Loan 18, 20, 23 1 51 Haddonfield 0 200,000 10,248 450,000 0 0 0 0 460,636 0
46 Loan 16 1 140-150 Access Road 0 0 587 0 0 0 0 0 0 0
47 Loan   1 824 Classon Avenue 0 0 0 0 0 0 0 0 0 0
48 Loan 10 1 US Storage - Delray Beach 21,213 0 0 0 0 0 0 0 0 0
49 Loan 10 1 US Storage - Nashville 23,598 0 0 0 0 0 0 0 0 0
50 Loan 10 1 US Storage - Clarksville 22,977 0 0 0 0 0 0 0 0 0
51 Loan 5, 16, 27 1 286 East 163rd Street 0 0 0 0 117,358 0 0 0 0 0
52 Loan 13 1 60 Cottage Street 0 0 0 0 0 0 0 17,188 0 0
53 Loan 2, 28 1 431 Dekalb Avenue 0 0 350 0 0 0 0 0 0 0
54 Loan 16, 27, 29 1 1668 Bergen Street 0 0 0 0 0 0 0 3,750 0 0
55 Loan   1 Hamlet MHC 0 0 0 0 0 0 0 0 0 0

 

 A-1-20 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Other Reserve Description 
           
1 Loan 6 3 Arch Portfolio  
1.01 Property   1 The Arcadian  
1.02 Property   1 The Charleston  
1.03 Property   1 The Arlington  
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue Outstanding TI/LC and Free Rent Reserve
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio Planned Renovations Reserve
3.01 Property   1 201 Merrimack Street  
3.02 Property   1 117 Water Street  
4 Loan 17, 19 1 Estates at Palm Bay Ground Rent Reserve
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall Anchor Tenant Reserve
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park PHFC Payments Reserve
7 Loan 16, 19 1 New Jersey Logistics Rent Reserve
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 Unfunded Obligations Reserve
8.01 Property   1 200 Sidney  
8.02 Property   1 Lincoln Centre  
8.03 Property   1 40 Erie Street  
8.04 Property   1 4570 Executive Drive  
8.05 Property   1 9360-9390 Towne Centre Drive  
8.06 Property   1 21 Erie Street  
8.07 Property   1 47 Erie Street Parking Structure  
8.08 Property   1 Eastgate Mall  
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre Rollover Reserve ($11,720,606), Gap Rent Reserve ($756,921)
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre Outstanding TI/LC Reserve ($2,379,904.79), Free Rent Reserve ($1,453,178.59), Gap Rent Reserve ($1,169,335.99), Cash Out Reserve ($433,552.88)
11 Loan 3 1 Patriot Crossing  
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio  
12.01 Property   1 Queen's Grant   
12.02 Property   1 Arrowood   
13 Loan 7, 12, 19 1 Westshore Crossing  
14 Loan   1 Oak Ridge City Center  
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market DMV Space Reserve (Upfront: $9,000,000), Ground Rent Reserve (Monthly: Springing)
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II  
17 Loan 19 1 Cherrywood Shopping Center Major Tenant Reserve, Low DSCR Reserve 
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue Air Rights Reserve ($1,035,120), Rent Reserve ($500,000)
19 Loan   1 The Palisades  
20 Loan 7 1 Northwoods Apartments Radon Mitigation Reserve
21 Loan 4, 19, 30 1 DeKalb Student Housing Force Place Insurance Reserve (Upfront: $48,167.25), Lease Sweep Reserve (Monthly: Springing)
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio Follet Replacement Work Reserve ($741,402.50), Free Rent Reserve ($553,119), Cott Beverage Concrete Work Reserve ($230,000), Outstanding TI/LC Reserve ($109,890)
22.01 Property   1 FCA USA - Detroit, MI  
22.02 Property   1 Grupo Antolin - Shelby Township, MI  
22.03 Property   1 Follett School - McHenry, IL  
22.04 Property   1 Shaw Aero - Naples, FL  
22.05 Property   1 Kuka - Sterling Heights, MI  
22.06 Property   1 ZF Active Safety - Findlay, OH  
22.07 Property   1 CF Sauer - 184 Suburban  
22.08 Property   1 CF Sauer - 728 N Main St.  
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA  
22.10 Property   1 Hannibal - Houston, TX  
22.11 Property   1 FedEx IV - Lexington, KY  
22.12 Property   1 VersaFlex - Kansas City, KS  
22.13 Property   1 Cott Beverage Inc - Sikeston, MO  
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD  
22.15 Property   1 CSTK - St. Louis, MO  
22.16 Property   1 CF Sauer - 39 S Park Dr.  
22.17 Property   1 AM Castle - Wichita, KS  
22.18 Property   1 CF Sauer - 9 Old Mill Road  
22.19 Property   1 CF Sauer - 2447 Eunice Avenue  
22.20 Property   1 CF Sauer - 513 West Butler Road  
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio  
23.01 Property   1 8705-8711 South Morgan Street  
23.02 Property   1 11214-11218 South Indiana Avenue  
23.03 Property   1 8201 South Paulina Street  
23.04 Property   1 2320 West Garfield Boulevard  
23.05 Property   1 7818-7820 South South Shore Drive  
23.06 Property   1 8001-8007 South Eberhart Avenue  
23.07 Property   1 8139-8145 South Maryland Avenue  
23.08 Property   1 535 East 102nd Street  
23.09 Property   1 6516 South Stony Island Avenue  
23.10 Property   1 7770-7778 South South Shore Drive  
23.11 Property   1 9017-9025 South Cottage Grove Avenue  
23.12 Property   1 7956 South Normal Avenue  
24 Loan 19, 23 1 London Bridge Industrial  
25 Loan 10, 15 1 Fountain Hills Plaza  
26 Loan 21 1 80 White Street Rent Abatement Reserve
27 Loan 20 1 Feasterville Plaza  
28 Loan 10, 17, 19, 23 1 Crown Center Brown & Brown Rent Reserve (Upfront: $125,369.41), Nova Rent Reserve (Upfront: $53,210.65), Brown & Brown TI Reserve (Upfront: $445,972.00), Cruise One TI Reserve (Upfront: $16,621.89), Crown Retail Sublease Reserve (Upfront: $111,079.00), Ground Rent Reserve (Upfront: $107,126.00; Monthly: Springing)
29 Loan   1 The Park at Milestone  
30 Loan 6, 10 3 Sandpiper Midwest Portfolio Excess Tax Reserve (Upfront: $134,771), Required Future PIP Renovations (Monthly: Springing)
30.01 Property   1 WoodSpring Suites Fort Wayne  
30.02 Property   1 WoodSpring Suites Easton  
30.03 Property   1 WoodSpring Suites Fairfield  
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport PIP Reserve
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington PIP Reserve (Upfront: $750,000; Monthly: Springing), Seasonality Reserve (Upfront: $35,000; Monthly: Springing)
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center  
34 Loan 2, 16, 19 1 The Hub  
35 Loan 16, 23, 30 1 Enfield Industrial  
36 Loan   1 Storage Sense Orlando  

 

 A-1-21 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Other Reserve Description 
           
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest Outstanding TI/LC Reserve ($21,335.61), Free Rent Reserve ($4,803.34)
37.01 Property   1 Lakecrest  
37.02 Property   1 Southpointe    
38 Loan 6, 13, 16 3 Retek New York Portfolio  
38.01 Property   1 1503 Teller Avenue  
38.02 Property   1 171 Herzl Street  
38.03 Property   1 2822 University Avenue  
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP Holdback Reserve
39.01 Property   1 Saucon Valley Crossing  
39.02 Property   1 Birch Knoll  
40 Loan 13, 18, 27 1 2758 Creston Avenue Section 421-a Reserve
41 Loan 2, 16 1 1900 Euclid Avenue Major Lease Reserve
42 Loan 2, 19, 20 1 501 Hayes  
43 Loan 19 1 Suburban Extended Stay - Denver Westminster Required Future PIP Renovations
44 Loan 15 1 Strawberry Square Shopping Center Rent Concession Reserve
45 Loan 18, 20, 23 1 51 Haddonfield Asset Based Lending Reserve
46 Loan 16 1 140-150 Access Road  
47 Loan   1 824 Classon Avenue  
48 Loan 10 1 US Storage - Delray Beach  
49 Loan 10 1 US Storage - Nashville  
50 Loan 10 1 US Storage - Clarksville  
51 Loan 5, 16, 27 1 286 East 163rd Street  
52 Loan 13 1 60 Cottage Street  
53 Loan 2, 28 1 431 Dekalb Avenue  
54 Loan 16, 27, 29 1 1668 Bergen Street  
55 Loan   1 Hamlet MHC  

 

 A-1-22 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type 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)
          20     26        
1 Loan 6 3 Arch Portfolio 0 NAP NAP Springing Springing Yes No No
1.01 Property   1 The Arcadian                
1.02 Property   1 The Charleston                
1.03 Property   1 The Arlington                
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 0 NAP NAP Hard In Place Yes No Yes
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 0 NAP NAP Hard Springing Yes Yes No
3.01 Property   1 201 Merrimack Street                
3.02 Property   1 117 Water Street                
4 Loan 17, 19 1 Estates at Palm Bay 0 NAP NAP Soft Springing Yes No No
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 0 NAP NAP Hard Springing Yes No Yes
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 0 NAP NAP Soft Springing Yes No No
7 Loan 16, 19 1 New Jersey Logistics 0 NAP NAP Hard Springing Yes Yes No
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 0 NAP NAP Hard Springing Yes No Yes
8.01 Property   1 200 Sidney                
8.02 Property   1 Lincoln Centre                
8.03 Property   1 40 Erie Street                
8.04 Property   1 4570 Executive Drive                
8.05 Property   1 9360-9390 Towne Centre Drive                
8.06 Property   1 21 Erie Street                
8.07 Property   1 47 Erie Street Parking Structure                
8.08 Property   1 Eastgate Mall                
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 0 NAP NAP Hard Springing Yes Yes Yes
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 0 NAP NAP Hard Springing Yes No Yes
11 Loan 3 1 Patriot Crossing 0 NAP NAP Springing Springing Yes No No
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 0 NAP NAP Springing Springing Yes No No
12.01 Property   1 Queen's Grant                 
12.02 Property   1 Arrowood                 
13 Loan 7, 12, 19 1 Westshore Crossing 0 NAP NAP Soft Springing Yes No Yes
14 Loan   1 Oak Ridge City Center 0 NAP NAP Springing Springing Yes Yes No
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 0 NAP NAP Hard Springing Yes No Yes
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II 0 NAP NAP Springing Springing Yes No No
17 Loan 19 1 Cherrywood Shopping Center 0 NAP NAP Springing Springing Yes Yes No
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue 0 NAP NAP Springing Springing Yes No No
19 Loan   1 The Palisades 0 NAP NAP Soft Springing Yes No No
20 Loan 7 1 Northwoods Apartments 0 NAP NAP Springing Springing Yes No Yes
21 Loan 4, 19, 30 1 DeKalb Student Housing 0 NAP NAP Springing Springing Yes Yes No
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio 0 NAP NAP Hard Springing Yes No Yes
22.01 Property   1 FCA USA - Detroit, MI                
22.02 Property   1 Grupo Antolin - Shelby Township, MI                
22.03 Property   1 Follett School - McHenry, IL                
22.04 Property   1 Shaw Aero - Naples, FL                
22.05 Property   1 Kuka - Sterling Heights, MI                
22.06 Property   1 ZF Active Safety - Findlay, OH                
22.07 Property   1 CF Sauer - 184 Suburban                
22.08 Property   1 CF Sauer - 728 N Main St.                
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA                
22.10 Property   1 Hannibal - Houston, TX                
22.11 Property   1 FedEx IV - Lexington, KY                
22.12 Property   1 VersaFlex - Kansas City, KS                
22.13 Property   1 Cott Beverage Inc - Sikeston, MO                
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD                
22.15 Property   1 CSTK - St. Louis, MO                
22.16 Property   1 CF Sauer - 39 S Park Dr.                
22.17 Property   1 AM Castle - Wichita, KS                
22.18 Property   1 CF Sauer - 9 Old Mill Road                
22.19 Property   1 CF Sauer - 2447 Eunice Avenue                
22.20 Property   1 CF Sauer - 513 West Butler Road                
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio 0 NAP NAP Springing Springing Yes No No
23.01 Property   1 8705-8711 South Morgan Street                
23.02 Property   1 11214-11218 South Indiana Avenue                
23.03 Property   1 8201 South Paulina Street                
23.04 Property   1 2320 West Garfield Boulevard                
23.05 Property   1 7818-7820 South South Shore Drive                
23.06 Property   1 8001-8007 South Eberhart Avenue                
23.07 Property   1 8139-8145 South Maryland Avenue                
23.08 Property   1 535 East 102nd Street                
23.09 Property   1 6516 South Stony Island Avenue                
23.10 Property   1 7770-7778 South South Shore Drive                
23.11 Property   1 9017-9025 South Cottage Grove Avenue                
23.12 Property   1 7956 South Normal Avenue                
24 Loan 19, 23 1 London Bridge Industrial 0 NAP NAP Hard Springing Yes Yes No
25 Loan 10, 15 1 Fountain Hills Plaza 0 NAP NAP Hard Springing Yes Yes No
26 Loan 21 1 80 White Street 0 NAP NAP Hard In Place Yes Yes No
27 Loan 20 1 Feasterville Plaza 0 NAP NAP Springing Springing Yes Yes No
28 Loan 10, 17, 19, 23 1 Crown Center 0 NAP NAP Soft Springing Yes Yes No
29 Loan   1 The Park at Milestone 0 NAP NAP Springing Springing Yes No No
30 Loan 6, 10 3 Sandpiper Midwest Portfolio 0 NAP NAP Hard Springing Yes No No
30.01 Property   1 WoodSpring Suites Fort Wayne                
30.02 Property   1 WoodSpring Suites Easton                
30.03 Property   1 WoodSpring Suites Fairfield                
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 0 NAP NAP Springing Springing Yes No No
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 0 NAP NAP Hard Springing Yes No No
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center 0 NAP NAP Springing Springing Yes No No
34 Loan 2, 16, 19 1 The Hub 0 NAP NAP Hard Springing Yes Yes No
35 Loan 16, 23, 30 1 Enfield Industrial 0 NAP NAP Hard Springing Yes Yes No
36 Loan   1 Storage Sense Orlando 0 NAP NAP Springing Springing Yes No No

 

 A-1-23 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type 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)
          20     26        
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest 0 NAP NAP Hard Springing Yes Yes No
37.01 Property   1 Lakecrest                
37.02 Property   1 Southpointe                  
38 Loan 6, 13, 16 3 Retek New York Portfolio 0 NAP NAP Springing Springing Yes No No
38.01 Property   1 1503 Teller Avenue                
38.02 Property   1 171 Herzl Street                
38.03 Property   1 2822 University Avenue                
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP 0 1,084,000 $1,084,000 deposited into the Performance Holdback Reserve to be distributed to the borrower upon certain conditions in the loan agreement Springing Springing Yes No No
39.01 Property   1 Saucon Valley Crossing                
39.02 Property   1 Birch Knoll                
40 Loan 13, 18, 27 1 2758 Creston Avenue 0 NAP NAP Springing Springing Yes No No
41 Loan 2, 16 1 1900 Euclid Avenue 0 NAP NAP Soft Springing Yes No No
42 Loan 2, 19, 20 1 501 Hayes 0 NAP NAP Springing Springing Yes Yes No
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 0 NAP NAP Hard Springing Yes No No
44 Loan 15 1 Strawberry Square Shopping Center 0 NAP NAP Hard Springing Yes Yes No
45 Loan 18, 20, 23 1 51 Haddonfield 0 NAP NAP Springing Springing Yes Yes No
46 Loan 16 1 140-150 Access Road 0 NAP NAP Hard Springing Yes Yes No
47 Loan   1 824 Classon Avenue 0 NAP NAP Springing Springing Yes No No
48 Loan 10 1 US Storage - Delray Beach 0 NAP NAP None None No No No
49 Loan 10 1 US Storage - Nashville 0 NAP NAP None None No No No
50 Loan 10 1 US Storage - Clarksville 0 NAP NAP None None No No No
51 Loan 5, 16, 27 1 286 East 163rd Street 0 NAP NAP Springing Springing Yes No No
52 Loan 13 1 60 Cottage Street 0 NAP NAP Springing Springing Yes No No
53 Loan 2, 28 1 431 Dekalb Avenue 0 NAP NAP Springing Springing Yes No No
54 Loan 16, 27, 29 1 1668 Bergen Street 0 NAP NAP Springing Springing Yes No No
55 Loan   1 Hamlet MHC 0 NAP NAP Soft Springing Yes No No

 

 A-1-24 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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 ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($)
9 9 9 14
1 Loan 6 3 Arch Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.01 Property 1 The Arcadian
1.02 Property 1 The Charleston
1.03 Property 1 The Arlington
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue No 70,000,000 450,000,000 2,665,260.42 3,079,856.48 230,000,000 7.01000% 750,000,000 4,442,100.69 42.7% 1.89 13.5% NAP
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.01 Property 1 201 Merrimack Street
3.02 Property 1 117 Water Street
4 Loan 17, 19 1 Estates at Palm Bay NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall No 60,959,705 158,894,968 1,038,256.20 1,436,580.91 NAP NAP 219,854,672 1,436,580.91 56.0% 1.72 13.7% NAP
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 16, 19 1 New Jersey Logistics NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 No 30,000,000 519,894,737 2,410,498.33 2,549,593.70 166,842,106 7.23928517798977% 716,736,843 3,570,087.72 65.3% 1.67 10.1% NAP
8.01 Property 1 200 Sidney
8.02 Property 1 Lincoln Centre
8.03 Property 1 40 Erie Street
8.04 Property 1 4570 Executive Drive
8.05 Property 1 9360-9390 Towne Centre Drive
8.06 Property 1 21 Erie Street
8.07 Property 1 47 Erie Street Parking Structure
8.08 Property 1 Eastgate Mall
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre No 30,000,000 225,000,000 1,330,539.06 1,507,944.27 NAP NAP 255,000,000 1,507,944.27 42.1% 2.30 16.8% NAP
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre No 30,000,000 66,000,000 385,049.65 560,072.22 NAP NAP 96,000,000 560,072.22 60.6% 1.55 11.3% NAP
11 Loan 3 1 Patriot Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.01 Property 1 Queen's Grant
12.02 Property 1 Arrowood
13 Loan 7, 12, 19 1 Westshore Crossing Yes 25,000,000 25,400,000 139,472.75 276,749.08 NAP NAP 50,400,000 276,749.08 58.5% 1.30 8.7% NAP
14 Loan 1 Oak Ridge City Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market No 24,578,947 215,421,053 942,998.18 1,050,591.67 140,000,000 9.20000% 380,000,000 2,138,832.41 68.5% 1.07 7.5% NAP
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 19 1 Cherrywood Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 1 The Palisades NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 7 1 Northwoods Apartments Yes 20,782,000 14,000,000 73,337.96 182,202.93 NAP NAP 34,782,000 182,202.93 66.9% 1.35 8.7% NAP
21 Loan 4, 19, 30 1 DeKalb Student Housing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio No 17,400,000 219,600,000 1,065,751.33 1,150,196.11 NAP NAP 237,000,000 1,150,196.11 53.8% 2.12 12.6% NAP
22.01 Property 1 FCA USA - Detroit, MI
22.02 Property 1 Grupo Antolin - Shelby Township, MI
22.03 Property 1 Follett School - McHenry, IL
22.04 Property 1 Shaw Aero - Naples, FL
22.05 Property 1 Kuka - Sterling Heights, MI
22.06 Property 1 ZF Active Safety - Findlay, OH
22.07 Property 1 CF Sauer - 184 Suburban
22.08 Property 1 CF Sauer - 728 N Main St.
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA
22.10 Property 1 Hannibal - Houston, TX
22.11 Property 1 FedEx IV - Lexington, KY
22.12 Property 1 VersaFlex - Kansas City, KS
22.13 Property 1 Cott Beverage Inc - Sikeston, MO
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD
22.15 Property 1 CSTK - St. Louis, MO
22.16 Property 1 CF Sauer - 39 S Park Dr.
22.17 Property 1 AM Castle - Wichita, KS
22.18 Property 1 CF Sauer - 9 Old Mill Road
22.19 Property 1 CF Sauer - 2447 Eunice Avenue
22.20 Property 1 CF Sauer - 513 West Butler Road
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.01 Property 1 8705-8711 South Morgan Street
23.02 Property 1 11214-11218 South Indiana Avenue
23.03 Property 1 8201 South Paulina Street
23.04 Property 1 2320 West Garfield Boulevard
23.05 Property 1 7818-7820 South South Shore Drive
23.06 Property 1 8001-8007 South Eberhart Avenue
23.07 Property 1 8139-8145 South Maryland Avenue
23.08 Property 1 535 East 102nd Street
23.09 Property 1 6516 South Stony Island Avenue
23.10 Property 1 7770-7778 South South Shore Drive
23.11 Property 1 9017-9025 South Cottage Grove Avenue
23.12 Property 1 7956 South Normal Avenue
24 Loan 19, 23 1 London Bridge Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 10, 15 1 Fountain Hills Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 21 1 80 White Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 20 1 Feasterville Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 10, 17, 19, 23 1 Crown Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 1 The Park at Milestone NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 6, 10 3 Sandpiper Midwest Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30.01 Property 1 WoodSpring Suites Fort Wayne
30.02 Property 1 WoodSpring Suites Easton
30.03 Property 1 WoodSpring Suites Fairfield
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 2, 16, 19 1 The Hub NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 16, 23, 30 1 Enfield Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 1 Storage Sense Orlando NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-1-25 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name 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 ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($)
9 9 9 14
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37.01 Property 1 Lakecrest
37.02 Property 1 Southpointe
38 Loan 6, 13, 16 3 Retek New York Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38.01 Property 1 1503 Teller Avenue
38.02 Property 1 171 Herzl Street
38.03 Property 1 2822 University Avenue
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39.01 Property 1 Saucon Valley Crossing
39.02 Property 1 Birch Knoll
40 Loan 13, 18, 27 1 2758 Creston Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 2, 16 1 1900 Euclid Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 2, 19, 20 1 501 Hayes NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan 19 1 Suburban Extended Stay - Denver Westminster NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 15 1 Strawberry Square Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan 18, 20, 23 1 51 Haddonfield NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 16 1 140-150 Access Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 1 824 Classon Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 10 1 US Storage - Delray Beach NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan 10 1 US Storage - Nashville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan 10 1 US Storage - Clarksville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan 5, 16, 27 1 286 East 163rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan 13 1 60 Cottage Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
53 Loan 2, 28 1 431 Dekalb Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
54 Loan 16, 27, 29 1 1668 Bergen Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
55 Loan 1 Hamlet MHC NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-1-26 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date 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 Sponsor
              9   14   13 13  
1 Loan 6 3 Arch Portfolio NAP  NAP   NAP  NAP NAP NAP No NAP Jacques Schmidt and Abraham Weber
1.01 Property   1 The Arcadian                    
1.02 Property   1 The Charleston                    
1.03 Property   1 The Arlington                    
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue NAP  NAP   NAP  NAP NAP NAP No NAP The Stahl Organization
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio NAP  NAP   NAP  NAP NAP NAP No NAP Joseph Faro and Salvatore Lupoli
3.01 Property   1 201 Merrimack Street                    
3.02 Property   1 117 Water Street                    
4 Loan 17, 19 1 Estates at Palm Bay NAP  NAP   NAP  NAP NAP NAP No NAP Lurin Advisors, LLC
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall NAP  NAP   NAP  NAP NAP NAP No NAP Brookfield Properties Retail Holding LLC and SMRF Baybrook Investor Member LLC
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park NAP  NAP   NAP  NAP NAP NAP No NAP Adam Daneshgar and George Daneshgar
7 Loan 16, 19 1 New Jersey Logistics NAP  NAP   NAP  NAP NAP NAP No NAP MCB 2024 Lender LLC
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 NAP  NAP   NAP  NAP NAP NAP Yes Future Mezzanine Loan BioMed Realty, L.P.
8.01 Property   1 200 Sidney                    
8.02 Property   1 Lincoln Centre                    
8.03 Property   1 40 Erie Street                    
8.04 Property   1 4570 Executive Drive                    
8.05 Property   1 9360-9390 Towne Centre Drive                    
8.06 Property   1 21 Erie Street                    
8.07 Property   1 47 Erie Street Parking Structure                    
8.08 Property   1 Eastgate Mall                    
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre NAP  NAP   NAP  NAP NAP NAP No NAP GGP/Homart II L.L.C., Brookfield Properties Retail Holding LLC and New York State Common Retirement Fund
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre NAP  NAP   NAP  NAP NAP NAP No NAP C-III Capital Partners, Vanderbilt Office Properties, and Trinity Capital Advisors
11 Loan 3 1 Patriot Crossing NAP  NAP   NAP  NAP NAP NAP No NAP Adam Brandon Denton, Thomas J. Floyd and Joseph Mitchell Collins
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio NAP  NAP   NAP  NAP NAP NAP No NAP Bradley R. Hill, Robert Spencer Engler-Coldren, Thomas Niederkofler and Michael A. Cirillo
12.01 Property   1 Queen's Grant                     
12.02 Property   1 Arrowood                     
13 Loan 7, 12, 19 1 Westshore Crossing NAP  NAP   NAP  NAP NAP NAP No NAP Jakub Hejl
14 Loan   1 Oak Ridge City Center NAP  NAP   NAP  NAP NAP NAP No NAP Philip J. Wilson and W. Neil Wilson
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market NAP  NAP   NAP  NAP NAP NAP No NAP The Related Companies, L.P.
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II NAP  NAP   NAP  NAP NAP NAP No NAP David M. Flaherty
17 Loan 19 1 Cherrywood Shopping Center NAP  NAP   NAP  NAP NAP NAP No NAP Joshua Goldberg
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAP  NAP   NAP  NAP NAP NAP No NAP Hershy Silberstein and Solomon Kleinman
19 Loan   1 The Palisades NAP  NAP   NAP  NAP NAP NAP No NAP Michael Silberman, William Roos and BAMCAP Partners IV LP
20 Loan 7 1 Northwoods Apartments NAP  NAP   NAP  NAP NAP NAP No NAP Mathias Deutsch, Joshua Braun and Isiodore Bleier
21 Loan 4, 19, 30 1 DeKalb Student Housing NAP  NAP   NAP  NAP NAP NAP No NAP Samuel Okner, Atied Associates, LLC and Okner Family Real Estate Trust
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio NAP  NAP   NAP  NAP NAP NAP No NAP Global Net Lease Operating Partnership, L.P.
22.01 Property   1 FCA USA - Detroit, MI                    
22.02 Property   1 Grupo Antolin - Shelby Township, MI                    
22.03 Property   1 Follett School - McHenry, IL                    
22.04 Property   1 Shaw Aero - Naples, FL                    
22.05 Property   1 Kuka - Sterling Heights, MI                    
22.06 Property   1 ZF Active Safety - Findlay, OH                    
22.07 Property   1 CF Sauer - 184 Suburban                    
22.08 Property   1 CF Sauer - 728 N Main St.                    
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA                    
22.10 Property   1 Hannibal - Houston, TX                    
22.11 Property   1 FedEx IV - Lexington, KY                    
22.12 Property   1 VersaFlex - Kansas City, KS                    
22.13 Property   1 Cott Beverage Inc - Sikeston, MO                    
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD                    
22.15 Property   1 CSTK - St. Louis, MO                    
22.16 Property   1 CF Sauer - 39 S Park Dr.                    
22.17 Property   1 AM Castle - Wichita, KS                    
22.18 Property   1 CF Sauer - 9 Old Mill Road                    
22.19 Property   1 CF Sauer - 2447 Eunice Avenue                    
22.20 Property   1 CF Sauer - 513 West Butler Road                    
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio NAP  NAP   NAP  NAP NAP NAP No NAP Shaya Wurzberger
23.01 Property   1 8705-8711 South Morgan Street                    
23.02 Property   1 11214-11218 South Indiana Avenue                    
23.03 Property   1 8201 South Paulina Street                    
23.04 Property   1 2320 West Garfield Boulevard                    
23.05 Property   1 7818-7820 South South Shore Drive                    
23.06 Property   1 8001-8007 South Eberhart Avenue                    
23.07 Property   1 8139-8145 South Maryland Avenue                    
23.08 Property   1 535 East 102nd Street                    
23.09 Property   1 6516 South Stony Island Avenue                    
23.10 Property   1 7770-7778 South South Shore Drive                    
23.11 Property   1 9017-9025 South Cottage Grove Avenue                    
23.12 Property   1 7956 South Normal Avenue                    
24 Loan 19, 23 1 London Bridge Industrial NAP  NAP   NAP  NAP NAP NAP No NAP Michael Haas and Adrian Hass
25 Loan 10, 15 1 Fountain Hills Plaza NAP  NAP   NAP  NAP NAP NAP No NAP Anthony Grosso and Christopher Palermo
26 Loan 21 1 80 White Street NAP  NAP   NAP  NAP NAP NAP No NAP Behrooz Hedvat, Leon Hedvat and Faramarz Hedvat
27 Loan 20 1 Feasterville Plaza NAP  NAP   NAP  NAP NAP NAP No NAP Nandish Patel
28 Loan 10, 17, 19, 23 1 Crown Center NAP  NAP   NAP  NAP NAP NAP No NAP James E. Goldstein, Anders U. Schroeder and Midgard Group Inc.
29 Loan   1 The Park at Milestone NAP  NAP   NAP  NAP NAP NAP No NAP Reuven Oded
30 Loan 6, 10 3 Sandpiper Midwest Portfolio NAP  NAP   NAP  NAP NAP NAP No NAP P. Carter Rise
30.01 Property   1 WoodSpring Suites Fort Wayne                    
30.02 Property   1 WoodSpring Suites Easton                    
30.03 Property   1 WoodSpring Suites Fairfield                    
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport NAP  NAP   NAP  NAP NAP NAP No NAP Harsharan Ghoman and Balwinder Kang
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington NAP  NAP   NAP  NAP NAP NAP No NAP Rajesh K. Badam and Sridhar Challa
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center NAP  NAP   NAP  NAP NAP NAP No NAP David G. Chandler
34 Loan 2, 16, 19 1 The Hub NAP  NAP   NAP  NAP NAP NAP No NAP Michael Bronska and Bradley M. Hall
35 Loan 16, 23, 30 1 Enfield Industrial NAP  NAP   NAP  NAP NAP NAP No NAP Jeremiah Boucher
36 Loan   1 Storage Sense Orlando NAP  NAP   NAP  NAP NAP NAP No NAP Lawrence Charles Kaplan, George Thacker and Richard Schontz

 

 A-1-27 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date 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 Sponsor
              9   14   13 13  
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest NAP  NAP   NAP  NAP NAP NAP No NAP Sebastian Barbagallo
37.01 Property   1 Lakecrest                    
37.02 Property   1 Southpointe                      
38 Loan 6, 13, 16 3 Retek New York Portfolio NAP  NAP   NAP  NAP NAP NAP Yes Future Mezzanine Loan Joel Retek
38.01 Property   1 1503 Teller Avenue                    
38.02 Property   1 171 Herzl Street                    
38.03 Property   1 2822 University Avenue                    
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP NAP  NAP   NAP  NAP NAP NAP No NAP Christian Cronin and Mark Matan
39.01 Property   1 Saucon Valley Crossing                    
39.02 Property   1 Birch Knoll                    
40 Loan 13, 18, 27 1 2758 Creston Avenue NAP  NAP   NAP  NAP NAP NAP Yes Future Mezzanine Loan Andrea Gjini
41 Loan 2, 16 1 1900 Euclid Avenue NAP  NAP   NAP  NAP NAP NAP No NAP Eric Korchia
42 Loan 2, 19, 20 1 501 Hayes NAP  NAP   NAP  NAP NAP NAP No NAP Garrett Brasseaux, Chris Baker and Jonah Aelyon
43 Loan 19 1 Suburban Extended Stay - Denver Westminster NAP  NAP   NAP  NAP NAP NAP No NAP David Kaye, Asaf Fligelman and Jaime Gitler
44 Loan 15 1 Strawberry Square Shopping Center NAP  NAP   NAP  NAP NAP NAP No NAP Robert Gassel
45 Loan 18, 20, 23 1 51 Haddonfield NAP  NAP   NAP  NAP NAP NAP No NAP TEI, LLC
46 Loan 16 1 140-150 Access Road NAP  NAP   NAP  NAP NAP NAP No NAP Robert Kaplain, Mitchell Kaplain, Kyle Friedland and Jeffrey Davis
47 Loan   1 824 Classon Avenue NAP  NAP   NAP  NAP NAP NAP No NAP Abraham Waldman
48 Loan 10 1 US Storage - Delray Beach NAP  NAP   NAP  NAP NAP NAP No NAP DJH Holdings, LLC
49 Loan 10 1 US Storage - Nashville NAP  NAP   NAP  NAP NAP NAP No NAP DJH Holdings, LLC
50 Loan 10 1 US Storage - Clarksville NAP  NAP   NAP  NAP NAP NAP No NAP DJH Holdings, LLC
51 Loan 5, 16, 27 1 286 East 163rd Street NAP  NAP   NAP  NAP NAP NAP No NAP Armin Jadadic
52 Loan 13 1 60 Cottage Street NAP  NAP   NAP  NAP NAP NAP Yes Future Mezzanine Loan Onkar Singh
53 Loan 2, 28 1 431 Dekalb Avenue NAP  NAP   NAP  NAP NAP NAP No NAP Yosef Eliav
54 Loan 16, 27, 29 1 1668 Bergen Street NAP  NAP   NAP  NAP NAP NAP No NAP Nathan Retek
55 Loan   1 Hamlet MHC NAP  NAP   NAP  NAP NAP NAP No NAP Rohun Khanna and Eddie Baurer

 

 A-1-28 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)
Tenants-in-common
(Y/N)
Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($)
          24       29  
1 Loan 6 3 Arch Portfolio Jacques Schmidt and Abraham Weber No No Refinance               74,162,000
1.01 Property   1 The Arcadian         No   
1.02 Property   1 The Charleston         No   
1.03 Property   1 The Arlington         No   
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue NAP No No Refinance No          520,000,000
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio Joseph Faro and Salvatore Lupoli No No Refinance               62,500,000
3.01 Property   1 201 Merrimack Street         Yes   
3.02 Property   1 117 Water Street         No   
4 Loan 17, 19 1 Estates at Palm Bay Lurin Advisors, LLC No No Refinance No             61,000,000
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall BPR Nimbus LLC No No Refinance No          220,000,000
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park Adam Daneshgar and George Daneshgar No Yes Refinance No             60,000,000
7 Loan 16, 19 1 New Jersey Logistics MCB 2024 Lender LLC No No Acquisition No             42,000,000
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 BRE Edison L.P. No No Refinance            549,894,737
8.01 Property   1 200 Sidney         No   
8.02 Property   1 Lincoln Centre         No   
8.03 Property   1 40 Erie Street         No   
8.04 Property   1 4570 Executive Drive         No   
8.05 Property   1 9360-9390 Towne Centre Drive         No   
8.06 Property   1 21 Erie Street         No   
8.07 Property   1 47 Erie Street Parking Structure         No   
8.08 Property   1 Eastgate Mall         No   
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre GGP/Homart II L.L.C. No No Refinance No          255,000,000
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre C-III Recovery Fund III Tier Holdings LLC, Vanderbilt Partners LLC, JBC Office, LLC (f/k/a CA Office, LLC), C. Walker Collier III, Jeff Sheehan, Gary Chesson and Peter J. Conway No No Refinance No             96,000,000
11 Loan 3 1 Patriot Crossing Adam Brandon Denton, Thomas J. Floyd and Joseph Mitchell Collins No No Refinance No             29,800,000
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio Bradley R. Hill, Robert Spencer Engler-Coldren, Thomas Niederkofler and Michael A. Cirillo No No Refinance               29,700,000
12.01 Property   1 Queen's Grant          No   
12.02 Property   1 Arrowood          No   
13 Loan 7, 12, 19 1 Westshore Crossing Jakub Hejl No No Refinance No             50,400,000
14 Loan   1 Oak Ridge City Center Philip J. Wilson and W. Neil Wilson No No Refinance No             25,000,000
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market The Related Companies, L.P. No No Refinance No          240,000,000
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II David M. Flaherty No No Refinance No   
17 Loan 19 1 Cherrywood Shopping Center Joshua Goldberg No No Refinance No   
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue Hershy Silberstein and Solomon Kleinman No No Refinance No   
19 Loan   1 The Palisades Michael Silberman, William Roos and BAMCAP Partners IV LP No No Refinance No   
20 Loan 7 1 Northwoods Apartments Mathias Deutsch, Joshua Braun and Isiodore Bleier No No Refinance No   
21 Loan 4, 19, 30 1 DeKalb Student Housing Samuel Okner, Atied Associates, LLC and Okner Family Real Estate Trust No No Refinance No   
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio Global Net Lease Operating Partnership, L.P. No No Refinance     
22.01 Property   1 FCA USA - Detroit, MI         No   
22.02 Property   1 Grupo Antolin - Shelby Township, MI         No   
22.03 Property   1 Follett School - McHenry, IL         No   
22.04 Property   1 Shaw Aero - Naples, FL         No   
22.05 Property   1 Kuka - Sterling Heights, MI         No   
22.06 Property   1 ZF Active Safety - Findlay, OH         No   
22.07 Property   1 CF Sauer - 184 Suburban         No   
22.08 Property   1 CF Sauer - 728 N Main St.         No   
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA         No   
22.10 Property   1 Hannibal - Houston, TX         No   
22.11 Property   1 FedEx IV - Lexington, KY         No   
22.12 Property   1 VersaFlex - Kansas City, KS         No   
22.13 Property   1 Cott Beverage Inc - Sikeston, MO         No   
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD         No   
22.15 Property   1 CSTK - St. Louis, MO         No   
22.16 Property   1 CF Sauer - 39 S Park Dr.         No   
22.17 Property   1 AM Castle - Wichita, KS         No   
22.18 Property   1 CF Sauer - 9 Old Mill Road         No   
22.19 Property   1 CF Sauer - 2447 Eunice Avenue         No   
22.20 Property   1 CF Sauer - 513 West Butler Road         No   
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio Shaya Wurzberger No No Refinance     
23.01 Property   1 8705-8711 South Morgan Street         Yes   
23.02 Property   1 11214-11218 South Indiana Avenue         Yes   
23.03 Property   1 8201 South Paulina Street         No   
23.04 Property   1 2320 West Garfield Boulevard         No   
23.05 Property   1 7818-7820 South South Shore Drive         No   
23.06 Property   1 8001-8007 South Eberhart Avenue         Yes   
23.07 Property   1 8139-8145 South Maryland Avenue         No   
23.08 Property   1 535 East 102nd Street         No   
23.09 Property   1 6516 South Stony Island Avenue         No   
23.10 Property   1 7770-7778 South South Shore Drive         No   
23.11 Property   1 9017-9025 South Cottage Grove Avenue         Yes   
23.12 Property   1 7956 South Normal Avenue         No   
24 Loan 19, 23 1 London Bridge Industrial Michael Haas and Adrian Hass No No Refinance No   
25 Loan 10, 15 1 Fountain Hills Plaza Anthony Grosso and Christopher Palermo No Yes Acquisition No   
26 Loan 21 1 80 White Street Behrooz Hedvat, Leon Hedvat and Faramarz Hedvat No No Acquisition No   
27 Loan 20 1 Feasterville Plaza Nandish Patel No No Acquisition No   
28 Loan 10, 17, 19, 23 1 Crown Center James E. Goldstein, Anders U. Schroeder and Midgard Group Inc. No No Refinance No   
29 Loan   1 The Park at Milestone Reuven Oded No No Refinance No   
30 Loan 6, 10 3 Sandpiper Midwest Portfolio P. Carter Rise No No Refinance     
30.01 Property   1 WoodSpring Suites Fort Wayne         No   
30.02 Property   1 WoodSpring Suites Easton         No   
30.03 Property   1 WoodSpring Suites Fairfield         No   
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport Harsharan Ghoman and Balwinder Kang No No Refinance No   
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington Rajesh K. Badam and Sridhar Challa No No Acquisition No   
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center David G. Chandler No No Refinance No   
34 Loan 2, 16, 19 1 The Hub Michael Bronska and Bradley M. Hall No No Refinance No   
35 Loan 16, 23, 30 1 Enfield Industrial Jeremiah Boucher No No Refinance No   
36 Loan   1 Storage Sense Orlando Lawrence Charles Kaplan, George Thacker and Richard Schontz No No Refinance No   

 

 A-1-29 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Recourse Carveout Guarantor Delaware Statutory Trust
(Y/N)
Tenants-in-common
(Y/N)
Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($)
          24       29  
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest Sebastian Barbagallo No No Refinance     
37.01 Property   1 Lakecrest         No   
37.02 Property   1 Southpointe           No   
38 Loan 6, 13, 16 3 Retek New York Portfolio Joel Retek No No Refinance     
38.01 Property   1 1503 Teller Avenue         No   
38.02 Property   1 171 Herzl Street         No   
38.03 Property   1 2822 University Avenue         No   
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP Christian Cronin and Mark Matan No No Acquisition     
39.01 Property   1 Saucon Valley Crossing         No   
39.02 Property   1 Birch Knoll         No   
40 Loan 13, 18, 27 1 2758 Creston Avenue Andrea Gjini No No Refinance No   
41 Loan 2, 16 1 1900 Euclid Avenue Eric Korchia No No Refinance No   
42 Loan 2, 19, 20 1 501 Hayes Garrett Brasseaux, Chris Baker and Jonah Aelyon No No Acquisition No   
43 Loan 19 1 Suburban Extended Stay - Denver Westminster David Kaye, Asaf Fligelman and Jaime Gitler No No Refinance No   
44 Loan 15 1 Strawberry Square Shopping Center Robert Gassel No No Refinance No   
45 Loan 18, 20, 23 1 51 Haddonfield TEI, LLC No No Refinance No   
46 Loan 16 1 140-150 Access Road Robert Kaplain, Mitchell Kaplain, Kyle Friedland and Jeffrey Davis No No Refinance No   
47 Loan   1 824 Classon Avenue Abraham Waldman No No Refinance No   
48 Loan 10 1 US Storage - Delray Beach DJH Holdings, LLC No No Refinance No   
49 Loan 10 1 US Storage - Nashville DJH Holdings, LLC No No Refinance No   
50 Loan 10 1 US Storage - Clarksville DJH Holdings, LLC No No Refinance No   
51 Loan 5, 16, 27 1 286 East 163rd Street Armin Jadadic No No Refinance No   
52 Loan 13 1 60 Cottage Street Onkar Singh No No Acquisition No   
53 Loan 2, 28 1 431 Dekalb Avenue Yosef Eliav No No Refinance No   
54 Loan 16, 27, 29 1 1668 Bergen Street Nathan Retek No No Refinance Yes   
55 Loan   1 Hamlet MHC Rohun Khanna and Eddie Baurer No No Acquisition No   

 

 A-1-30 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($)
 
1 Loan 6 3 Arch Portfolio 0 0 0 74,162,000 64,275,373 0 2,500,838 1,476,796 5,908,992 0 74,162,000
1.01 Property 1 The Arcadian
1.02 Property 1 The Charleston
1.03 Property 1 The Arlington
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue 283,053,566 230,000,000 0 1,033,053,566 752,340,900 0 18,687,091 262,025,575 0 0 1,033,053,566
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio 0 0 0 62,500,000 34,793,129 0 1,132,465 15,373,202 11,201,204 0 62,500,000
3.01 Property 1 201 Merrimack Street
3.02 Property 1 117 Water Street
4 Loan 17, 19 1 Estates at Palm Bay 0 0 0 61,000,000 56,043,469 0 3,147,202 273,944 1,535,385 0 61,000,000
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall 0 0 0 220,000,000 213,488,234 0 1,474,030 0 5,037,736 0 220,000,000
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park 0 0 0 60,000,000 55,458,625 0 3,060,602 1,272,686 208,086 0 60,000,000
7 Loan 16, 19 1 New Jersey Logistics 30,034,060 0 0 72,034,060 0 67,522,031 1,677,820 2,834,209 0 0 72,034,060
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 142,402,323 166,842,106 0 859,139,166 845,920,651 0 9,648,775 3,569,740 0 0 859,139,166
8.01 Property 1 200 Sidney
8.02 Property 1 Lincoln Centre
8.03 Property 1 40 Erie Street
8.04 Property 1 4570 Executive Drive
8.05 Property 1 9360-9390 Towne Centre Drive
8.06 Property 1 21 Erie Street
8.07 Property 1 47 Erie Street Parking Structure
8.08 Property 1 Eastgate Mall
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre 0 0 0 255,000,000 242,815,054 0 811,504 10,449,929 923,513 0 255,000,000
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre 50,000 0 0 96,050,000 83,638,830 0 2,155,251 10,255,918 0 0 96,050,000
11 Loan 3 1 Patriot Crossing 0 0 0 29,800,000 19,886,975 0 1,335,080 569,880 8,008,065 0 29,800,000
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio 0 0 0 29,700,000 25,360,094 0 1,233,906 346,139 2,759,862 0 29,700,000
12.01 Property 1 Queen's Grant
12.02 Property 1 Arrowood
13 Loan 7, 12, 19 1 Westshore Crossing 0 0 0 50,400,000 45,453,546 0 2,685,684 830,104 1,430,666 0 50,400,000
14 Loan 1 Oak Ridge City Center 181,558 0 0 25,181,558 23,503,746 0 1,118,362 559,450 0 0 25,181,558
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market 13,238,721 140,000,000 0 393,238,721 376,708,834 0 6,654,906 9,874,981 0 0 393,238,721
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II
17 Loan 19 1 Cherrywood Shopping Center
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue
19 Loan 1 The Palisades
20 Loan 7 1 Northwoods Apartments
21 Loan 4, 19, 30 1 DeKalb Student Housing
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio
22.01 Property 1 FCA USA - Detroit, MI
22.02 Property 1 Grupo Antolin - Shelby Township, MI
22.03 Property 1 Follett School - McHenry, IL
22.04 Property 1 Shaw Aero - Naples, FL
22.05 Property 1 Kuka - Sterling Heights, MI
22.06 Property 1 ZF Active Safety - Findlay, OH
22.07 Property 1 CF Sauer - 184 Suburban
22.08 Property 1 CF Sauer - 728 N Main St.
22.09 Property 1 Walgreens Boot Alliance - Pittsburgh, PA
22.10 Property 1 Hannibal - Houston, TX
22.11 Property 1 FedEx IV - Lexington, KY
22.12 Property 1 VersaFlex - Kansas City, KS
22.13 Property 1 Cott Beverage Inc - Sikeston, MO
22.14 Property 1 Dunlop Protective Footwear - Havre De Grace, MD
22.15 Property 1 CSTK - St. Louis, MO
22.16 Property 1 CF Sauer - 39 S Park Dr.
22.17 Property 1 AM Castle - Wichita, KS
22.18 Property 1 CF Sauer - 9 Old Mill Road
22.19 Property 1 CF Sauer - 2447 Eunice Avenue
22.20 Property 1 CF Sauer - 513 West Butler Road
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio
23.01 Property 1 8705-8711 South Morgan Street
23.02 Property 1 11214-11218 South Indiana Avenue
23.03 Property 1 8201 South Paulina Street
23.04 Property 1 2320 West Garfield Boulevard
23.05 Property 1 7818-7820 South South Shore Drive
23.06 Property 1 8001-8007 South Eberhart Avenue
23.07 Property 1 8139-8145 South Maryland Avenue
23.08 Property 1 535 East 102nd Street
23.09 Property 1 6516 South Stony Island Avenue
23.10 Property 1 7770-7778 South South Shore Drive
23.11 Property 1 9017-9025 South Cottage Grove Avenue
23.12 Property 1 7956 South Normal Avenue
24 Loan 19, 23 1 London Bridge Industrial
25 Loan 10, 15 1 Fountain Hills Plaza
26 Loan 21 1 80 White Street
27 Loan 20 1 Feasterville Plaza
28 Loan 10, 17, 19, 23 1 Crown Center
29 Loan 1 The Park at Milestone
30 Loan 6, 10 3 Sandpiper Midwest Portfolio
30.01 Property 1 WoodSpring Suites Fort Wayne
30.02 Property 1 WoodSpring Suites Easton
30.03 Property 1 WoodSpring Suites Fairfield
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington
33 Loan 1 Courtyard by Marriott Bowling Green Convention Center
34 Loan 2, 16, 19 1 The Hub
35 Loan 16, 23, 30 1 Enfield Industrial
36 Loan 1 Storage Sense Orlando

 

 A-1-31 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($)
 
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest
37.01 Property 1 Lakecrest
37.02 Property 1 Southpointe
38 Loan 6, 13, 16 3 Retek New York Portfolio
38.01 Property 1 1503 Teller Avenue
38.02 Property 1 171 Herzl Street
38.03 Property 1 2822 University Avenue
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP
39.01 Property 1 Saucon Valley Crossing
39.02 Property 1 Birch Knoll
40 Loan 13, 18, 27 1 2758 Creston Avenue
41 Loan 2, 16 1 1900 Euclid Avenue
42 Loan 2, 19, 20 1 501 Hayes
43 Loan 19 1 Suburban Extended Stay - Denver Westminster
44 Loan 15 1 Strawberry Square Shopping Center
45 Loan 18, 20, 23 1 51 Haddonfield
46 Loan 16 1 140-150 Access Road
47 Loan 1 824 Classon Avenue
48 Loan 10 1 US Storage - Delray Beach
49 Loan 10 1 US Storage - Nashville
50 Loan 10 1 US Storage - Clarksville
51 Loan 5, 16, 27 1 286 East 163rd Street
52 Loan 13 1 60 Cottage Street
53 Loan 2, 28 1 431 Dekalb Avenue
54 Loan 16, 27, 29 1 1668 Bergen Street
55 Loan 1 Hamlet MHC

 

 A-1-32 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) 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 6 3 Arch Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.01 Property   1 The Arcadian NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.02 Property   1 The Charleston NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
1.03 Property   1 The Arlington NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 5, 7, 11, 12, 18, 19, 20, 21, 23, 24 1 277 Park Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 6, 16, 19, 29 2 Artisan Foods Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.01 Property   1 201 Merrimack Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3.02 Property   1 117 Water Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 17, 19 1 Estates at Palm Bay NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 1, 5, 7, 12, 20, 21 1 Baybrook Mall NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 5, 10, 12, 17, 19, 27 1 Langdon at Walnut Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 16, 19 1 New Jersey Logistics NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 1, 2, 4, 6, 7, 12, 13, 20, 21, 23, 30 8 BioMed 2024 Portfolio 2 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.01 Property   1 200 Sidney NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.02 Property   1 Lincoln Centre NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.03 Property   1 40 Erie Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.04 Property   1 4570 Executive Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.05 Property   1 9360-9390 Towne Centre Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.06 Property   1 21 Erie Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.07 Property   1 47 Erie Street Parking Structure NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.08 Property   1 Eastgate Mall NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 1, 7, 12, 18, 19, 20 1 Stonebriar Centre NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 7, 12, 17, 18, 23 1 Northbridge Centre NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 3 1 Patriot Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 6, 16, 28 2 Charlotte MHP Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.01 Property   1 Queen's Grant  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12.02 Property   1 Arrowood  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 7, 12, 19 1 Westshore Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan   1 Oak Ridge City Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 1, 7, 12, 27, 30 1 Bronx Terminal Market NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 5, 27 1 The Boulevard at Oakley Station Phase II NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan 19 1 Cherrywood Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 5, 14, 16, 27, 28 1 161 Meserole Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan   1 The Palisades NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 7 1 Northwoods Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 4, 19, 30 1 DeKalb Student Housing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 1, 6, 7, 12, 16, 19, 23, 27, 28 20 GNL Industrial Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.01 Property   1 FCA USA - Detroit, MI NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.02 Property   1 Grupo Antolin - Shelby Township, MI NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.03 Property   1 Follett School - McHenry, IL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.04 Property   1 Shaw Aero - Naples, FL NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.05 Property   1 Kuka - Sterling Heights, MI NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.06 Property   1 ZF Active Safety - Findlay, OH NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.07 Property   1 CF Sauer - 184 Suburban NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.08 Property   1 CF Sauer - 728 N Main St. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.09 Property   1 Walgreens Boot Alliance - Pittsburgh, PA NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.10 Property   1 Hannibal - Houston, TX NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.11 Property   1 FedEx IV - Lexington, KY NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.12 Property   1 VersaFlex - Kansas City, KS NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.13 Property   1 Cott Beverage Inc - Sikeston, MO NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.14 Property   1 Dunlop Protective Footwear - Havre De Grace, MD NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.15 Property   1 CSTK - St. Louis, MO NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.16 Property   1 CF Sauer - 39 S Park Dr. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.17 Property   1 AM Castle - Wichita, KS NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.18 Property   1 CF Sauer - 9 Old Mill Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.19 Property   1 CF Sauer - 2447 Eunice Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22.20 Property   1 CF Sauer - 513 West Butler Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 5, 6, 16, 27, 29 12 Chicago 12-Property Multifamily Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.01 Property   1 8705-8711 South Morgan Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.02 Property   1 11214-11218 South Indiana Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.03 Property   1 8201 South Paulina Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.04 Property   1 2320 West Garfield Boulevard NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.05 Property   1 7818-7820 South South Shore Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.06 Property   1 8001-8007 South Eberhart Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.07 Property   1 8139-8145 South Maryland Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.08 Property   1 535 East 102nd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.09 Property   1 6516 South Stony Island Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.10 Property   1 7770-7778 South South Shore Drive NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.11 Property   1 9017-9025 South Cottage Grove Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23.12 Property   1 7956 South Normal Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 19, 23 1 London Bridge Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 10, 15 1 Fountain Hills Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 21 1 80 White Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 20 1 Feasterville Plaza NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 10, 17, 19, 23 1 Crown Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan   1 The Park at Milestone NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 6, 10 3 Sandpiper Midwest Portfolio Various 51.02 39.59 77.6% 51.02 39.59 77.6% 52.89 37.82 71.5% 49.71 42.43 85.4%
30.01 Property   1 WoodSpring Suites Fort Wayne 2/2/2038 50.02 41.20 82.4% 50.02 41.20 82.4% 51.63 38.00 73.6% 45.31 40.10 88.5%
30.02 Property   1 WoodSpring Suites Easton 8/31/2036 54.58 39.20 71.8% 54.58 39.20 71.8% 56.46 34.49 61.1% 53.48 42.31 79.1%
30.03 Property   1 WoodSpring Suites Fairfield 8/31/2036 48.77 38.31 78.6% 48.77 38.31 78.6% 51.30 41.04 80.0% 50.85 45.00 88.5%
31 Loan 16, 19 1 Holiday Inn Express Indianapolis West Airport 8/29/2033 125.94 94.72 75.2% 125.94 96.44 76.6% 124.79 86.01 68.9% 124.28 101.28 81.5%
32 Loan 5, 19 1 Fairfield Inn & Suites by Marriott Wilmington 3/6/2035 145.94 112.17 76.9% 145.94 112.17 76.9% 154.55 111.41 72.1% 169.21 127.18 75.2%
33 Loan   1 Courtyard by Marriott Bowling Green Convention Center 2/27/2030 125.01 90.16 72.1% 125.01 90.16 72.1% 125.05 90.16 72.1% 118.89 93.21 78.4%
34 Loan 2, 16, 19 1 The Hub NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 16, 23, 30 1 Enfield Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan   1 Storage Sense Orlando NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-1-33 

 

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

 

 

 

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) 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 (%)
                                   
37 Loan 6, 19, 21, 28 2 Southpointe and Lakecrest NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37.01 Property   1 Lakecrest NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37.02 Property   1 Southpointe   NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan 6, 13, 16 3 Retek New York Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38.01 Property   1 1503 Teller Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38.02 Property   1 171 Herzl Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38.03 Property   1 2822 University Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan 6, 18, 28 2 Birch Knoll & Saucon Valley Crossing MHP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39.01 Property   1 Saucon Valley Crossing NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39.02 Property   1 Birch Knoll NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 13, 18, 27 1 2758 Creston Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 2, 16 1 1900 Euclid Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 2, 19, 20 1 501 Hayes NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan 19 1 Suburban Extended Stay - Denver Westminster 5/12/2042 56.45 48.87 86.6% 56.45 48.87 86.6% 54.84 47.05 85.8% 58.72 48.62 82.8%
44 Loan 15 1 Strawberry Square Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan 18, 20, 23 1 51 Haddonfield NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 16 1 140-150 Access Road NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan   1 824 Classon Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 10 1 US Storage - Delray Beach NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan 10 1 US Storage - Nashville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan 10 1 US Storage - Clarksville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan 5, 16, 27 1 286 East 163rd Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan 13 1 60 Cottage Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
53 Loan 2, 28 1 431 Dekalb Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
54 Loan 16, 27, 29 1 1668 Bergen Street NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
55 Loan   1 Hamlet MHC NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-1-34 

 

Footnotes to Annex A-1

 

 

(1) “Barclays” denotes Barclays Capital Real Estate Inc. as Mortgage Loan Seller, “SGFC” denotes Societe Generale Financial Corporation as Mortgage Loan Seller, “KeyBank” denotes KeyBank National Association as Mortgage Loan Seller, “BSPRT” denotes BSPRT CMBS Finance, LLC as Mortgage Loan Seller, “BMO” denotes Bank of Montreal as Mortgage Loan Seller, “AREF2” denotes Argentic Real Estate Finance 2 LLC as Mortgage Loan Seller, “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “GACC” denotes German American Capital Corporation as Mortgage Loan Seller and “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller.

With respect to Loan No. 5, Baybrook Mall, the mortgage loan is part of a whole loan that was co-originated by Morgan Stanley Bank, N.A., Barclays and SGFC.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the mortgage loan is part of a whole loan that was co-originated by CREFI, JPMorgan Chase Bank, National Association, Goldman Sachs Bank USA and Wells Fargo Bank, National Association.

With respect to Loan No. 9, Stonebriar Centre, the mortgage loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, Bank of America, N.A. and SGFC.

With respect to Loan No. 15, Bronx Terminal Market, the mortgage loan is part of a whole loan that was co-originated by German American Capital Corporation, Wells Fargo Bank, National Association, Bank of America, N.A. and SMC.

With respect to Loan No. 22, GNL Industrial Portfolio, the mortgage loan is part of a whole loan that was co-originated by KeyBank, Bank of Montreal, Barclays Capital Real Estate Inc. and Societe Generale Financial Corporation.
   
(2) With respect to Loan No. 8, BioMed 2024 Portfolio 2, the mortgage loan is comprised of seven lab/office properties totaling 995,458 square feet and one parking garage comprised of 447 parking stalls. The lab/office portion of the mortgaged property is 93.8% leased as of April 12, 2024, and represents 97.2% of total portfolio EGI, with the parking garage income accounting for the remaining 2.8% of total portfolio EGI.

With respect to Loan No. 34, The Hub, the mortgaged property consists of a 50,400 square foot converted warehouse that is leased to a fitness tenant that offers indoor rock climbing spaces, fitness and yoga studios and locker rooms. The mortgaged property also includes a 19,000 square foot outdoor shade structure that was added in 2021 and is frequently rented out for events.

With respect to Loan No. 41, 1900 Euclid Avenue, the mortgaged property is comprised of 80 multifamily units and 7,114 square feet of retail space. The multifamily units are 91.3% occupied and the retail portion is 100% occupied as of June 24, 2024. In total, the mortgaged property is comprised of 77,394 total square feet.

With respect to Loan No. 42, 501 Hayes, the mortgaged property consists of 16 units equating to 6,639 square feet and 5,500 square feet of ground floor retail. The multifamily portion is 86.4% occupied and the retail portion is 100% occupied as of August 12, 2024. The multifamily portion accounts for 48.9% and the retail portion accounts for 48.5% of total EGI.

With respect to Loan No. 53, 431 Dekalb Avenue, the mortgaged property is comprised of (i) seven apartment units totaling 5,933 square feet and (ii) 3,948 square feet of ground-floor and below-grade commercial space.
   
(3) Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property.

With respect to Loan No. 11, Patriot Crossing, the mortgaged property consists of 362 units, one of which is leased to an employee. 
   
(4) In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy.

 

 A-1-35 

 

  For tenants that are one of the top five tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in the preliminary prospectus.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, certain tenants, although paying rent, are not yet in occupancy with respect to all or a portion of their leased space and in those cases such space is currently “dark”, and/or have the option to terminate all or a portion of their leased space prior to the lease expiration date. See “Risk Factors—Certain Tenants Have the Right to Terminate Their Leases or Go “Dark” at Any Time” and “Description of the Mortgage Pool-Mortgage Pool Characteristics-Tenant Issues-Lease Expirations and Terminations” in the preliminary prospectus for more information regarding the foregoing and related tenant issues.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, certain tenants may sublease all or a portion of their leased space. See “Risk Factors—Certain Tenants Have the Right to Terminate Their Leases or Go “Dark” at Any Time” and “Description of the Mortgage Pool-Mortgage Pool Characteristics-Tenant Issues-Other” in the preliminary prospectus for more information regarding the foregoing and related tenant issues.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, Biosplice Therapeutics, Inc. currently leases 76,172 square feet at the 9360-9390 Towne Centre Drive mortgaged property and subleases 25,391 square feet to BioMed Realty, L.P., a borrower affiliated tenant, at a rental rate of approximately $56.37 per square foot NNN. The remaining 50,781 square feet of non-subleased space was not being utilized by Biosplice Therapeutics, Inc. at origination and the lender underwriting considers such space to be vacant.

With respect to Loan No. 21, DeKalb Student Housing, the mortgaged property consists of 978 beds across 354 units. The leased occupancy was calculated based on the 354 units as occupancy by beds was not available.
   
(5) With respect to all mortgage loans, with the exceptions of the mortgage loans identified in “Description of the Mortgage Pool—Definitions” in the preliminary prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided “as-stabilized” values based on certain criteria being met.

With respect to Loan No. 2, 277 Park Avenue, the Appraised Value is the “Alternative Market Value As Is Subject to Extraordinary Assumptions Regarding Funds Held in Reserve,” which assumes a $217,228,243 upfront reserve will be held at origination, of which $37,228,243 is for leasing cost obligations and the remaining $180,000,000 is for future leasing costs. At origination, $180,000,000 was deposited into a TI/LC reserve and $41,953,099 was deposited into the Outstanding TI/LC and Free Rent Reserve. The “as-is” appraised value is $1,555,000,000. Such “as-is” appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 33.4%.

With respect to Loan No. 5, Baybrook Mall, the Appraised Value ($) of $392,659,260 assumes that an escrow reserve of $2,659,260 was funded at origination of the Baybrook Mall Whole Loan for tenant improvements and leasing commissions. Some of the cost has been paid by the borrower sponsor and at origination, the outstanding tenant improvements of approximately $1,984,194 were guaranteed by the guarantor under a Guaranty of Limited Payment in lieu of a reserve.

With respect to Loan No. 6, Langdon at Walnut Park, the Appraised Value ($) shown represents the “Hypothetical Market Value with Restricted Rents” value of the leasehold interest for the mortgaged property, which assumes the mortgaged property is encumbered by a ground lease as part of the Pleasanton Housing Finance Corporation program (“PHFC Program”) pursuant to which the mortgaged property is expected to benefit from an exemption from all property taxes and requires that certain units at the mortgaged property are restricted for rent to tenants whose income does not exceed specified percentages of the area median income and that the tax savings payment is subordinate to the mortgage loan. The market-based “As Is” appraised value, which assumes no tax exemption for the mortgaged property, is $67,100,000.

With respect to Loan No. 16, The Boulevard at Oakley Station Phase II, the appraised value reflects an “as-is” appraised value inclusive of the PILOT, which according to the appraisal, has a present value of $4,000,000. The “as-is” appraised value excluding the PILOT is $34,000,000.

With respect to Loan No. 18, 161 Meserole Avenue, the Appraised Value ($) of $34,200,000 represents the “Market Value Subject to a Hypothetical Condition”, which assumes that the borrower sponsors have completed the purchase of certain air rights required under the 161 Meserole Avenue mortgage loan documents. The borrower sponsors are under contract to acquire 4,313 square feet of air rights for a purchase price of $1,035,120, of which

 

 A-1-36 

 

  the borrower sponsors have put down a 30% deposit ($310,536). At origination, the borrower deposited $1,035,120 with the lender in connection with the purchase of the air rights. Assuming the “As-Is” Appraised Value ($), the Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) is 65.7%.

With respect to Loan No. 23, Chicago 12-Property Multifamily Portfolio, the Appraised Value ($) of $34,100,000 represents the “As Portfolio” value of the mortgaged properties as of June 14, 2024, which reflects an “As Portfolio” premium equal to approximately 13.6%. Assuming the aggregate “As Is” Appraised Values ($) for the mortgaged properties, the Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%)  are 53.3% and 49.9%, respectively.
   
  With respect to Loan No. 32, Fairfield Inn & Suites by Marriott Wilmington, the Appraised Value of $13,700,000 represents the “Hypothetical As-If Stabilized” value which assumes the borrower completes the PIP by July 25, 2025. The “As Is” appraised value is $13,100,000.

With respect to Loan No. 51, 286 East 163rd Street, the appraised value of $7,200,000 is the “Prospective As Stabilized” value as of May 20, 2024. The “as-is” appraised value is $7,100,000 as of March 13, 2024, which results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 70.4%. 
   
(6) For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Cut-off Date Balance ($) and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation.
● Loan No. 1, Arch Portfolio
● Loan No. 3, Artisan Foods Portfolio
● Loan No. 8, BioMed 2024 Portfolio 2
● Loan No. 12, Charlotte MHP Portfolio
● Loan No. 22, GNL Industrial Portfolio
● Loan No. 23, Chicago 12-Property Multifamily Portfolio
● Loan No. 30, Sandpiper Midwest Portfolio
● Loan No. 37, Southpointe and Lakecrest
● Loan No. 38, Retek New York Portfolio
● Loan No. 39, Birch Knoll & Saucon Valley Crossing MHP
   
(7) The Original Balance ($), Cut-off Date Balance ($) and Maturity/ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled “Whole Loan Summary” and “Whole Loan Control Notes and Non-Control Notes” in “Description of the Mortgage Pool—The Whole Loans” in the preliminary prospectus.
● Loan No. 2, 277 Park Avenue
● Loan No. 5, Baybrook Mall
● Loan No. 8, BioMed 2024 Portfolio 2
● Loan No. 9, Stonebriar Centre
● Loan No. 10, Northbridge Centre
● Loan No. 13, Westshore Crossing
● Loan No. 15, Bronx Terminal Market
● Loan No. 20, Northwoods Apartments
● Loan No. 22, GNL Industrial Portfolio
   
(8) The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan.
   
(9) For the mortgage loans with an interest-only period that accrues interest on an Actual/360 basis, the Monthly Debt Service (IO) ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate (%) and (iii) 365/360.
   
(10) With respect to Loan No. 6, Langdon at Walnut Park, a Grace Period – Late Fee (Days) of five days is permitted once in any 12-month period.

 

 A-1-37 

 

  With respect to Loan No. 25, Fountain Hills Plaza, a Grace Period – Default (Days) of five days does not apply to the amount due on the maturity date.

With respect to Loan No. 28, Crown Center, a Grace Period – Default (Days) of five days does not apply to the amount due on the maturity date.

With respect to Loan No. 30, Sandpiper Midwest Portfolio, a Grace Period – Default (Days) of five days does not apply to the amount due on the maturity date.

With respect to Loan No. 48, US Storage – Delray Beach, a Grace Period – Default (Days) of five days does not apply to the amount due on the maturity date.

With respect to Loan No. 49, US Storage – Nashville, a Grace Period – Default (Days) of five days does not apply to the amount due on the maturity date.

With respect to Loan No. 50, US Storage – Clarksville, a Grace Period – Default (Days) of five days does not apply to the amount due on the maturity date.
   
(11) With respect to Loan No. 2, 277 Park Avenue, the anticipated repayment date (“ARD”) is August 6, 2029. The stated maturity date is August 6, 2032. The ARD step up associated with the 277 Park Avenue Whole Loan is the greater of (i) 9.51% and (ii) 5.27% plus the lender’s determination as of the ARD of the then on-the-run five-year U.S. Treasury. If the 277 Park Avenue Whole Loan is not paid in full on the ARD and income tax conditions are met, 80% of the excess cash flow after payment of interest and the initial interest rate (100% if certain income tax conditions are not met), reserves and operating expenses (the “Excess Cash Flow”) will be applied to reduce the outstanding principal balance of the 277 Park Avenue Senior Loan on a pro rata and pari passu basis until paid in full and then the 277 Park Subordinate Companion Loan until paid in full.  Thereafter, 80% of Excess Cash Flow (100% if certain tax conditions are not met) will be applied to the deferred interest on the 277 Park Avenue Senior Loan on a pro rata and pari passu basis until paid in full and then the deferred interest on the 277 Park Subordinate Companion Loan until paid in full. If certain conditions are satisfied, including that no trigger event exists (other than the occurrence of the ARD) and the DSCR is at least 1.50x, 20% of the Excess Cash Flow will be deposited into an income tax reserve account.
   
(12) The “L” component of the prepayment provision represents lockout payments.

The “D” component of the prepayment provision represents defeasance payments.

The “YM” component of the prepayment provision represents yield maintenance payments.

The “O” Component of the prepayment provision represents the free payments including the Maturity Date.

Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the preliminary prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases” in the preliminary prospectus.

With respect to Loan No. 2, 277 Park Avenue, the lockout period for prepayment of the 277 Park Avenue Whole Loan, will be at least 25 payment periods beginning with and including the first payment date on September 6, 2024. Defeasance of the 277 Park Avenue Whole Loan, in whole but not in part, is permitted any time after the earlier to occur of (i) August 6, 2027 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payment dates is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024.

With respect to Loan No. 5, Baybrook Mall, the lockout period will be at least 25 months beginning with and including the first payment date on September 1, 2024. Defeasance of the Baybrook Mall Whole Loan is permitted after the date that is the earlier to occur of (i) two years from and after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) January 19, 2028. The assumed lockout period of 25 payment dates is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024. The actual lockout period may be longer.

With respect to Loan No. 6, Langdon at Walnut Park, the borrower is required to partially prepay the mortgage loan, with payment of an applicable yield maintenance premium, within 60 days in the amount necessary for the

 A-1-38 

 

  mortgaged property to satisfy both a debt service coverage ratio of 1.28x and a debt yield of 8.13% (the “PHFC Prepayment Amount”), if either (i) the tax exemption is not granted by August 29, 2025 or (ii) the PHFC program documents are terminated, the tax exemption is lost and/or the borrower otherwise surrenders the leasehold estate created by the ground lease with the PHFC and the borrower acquires the fee interest in the mortgaged property. The mortgage loan documents provide recourse to the guarantor for the failure to timely make the PHFC Prepayment Amount.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, defeasance of the BioMed 2024 Portfolio 2 Whole Loan is permitted at any time after the date that is the earliest to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) August 9, 2027. The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024. The actual defeasance lockout period may be longer.
   
  With respect to Loan No. 8, BioMed 2024 Portfolio 2, “Yield Maintenance Premium” means, with respect to each mortgage loan component, an amount equal to the greater of (a) one-half of one percent (0.50%) of the outstanding principal amount of such component to be prepaid or satisfied and (b) the excess, if any, of (i) the sum of the present values of all then-scheduled payments of principal and interest in respect of the principal amount being prepaid under such component assuming that all scheduled payments are made timely and that the remaining outstanding principal and interest on such component is paid on February 9, 2029 (with each such payment and assumed payment discounted to its present value at the date of prepayment at the rate which, when compounded monthly, is equivalent to the prepayment rate when compounded semi-annually and deducting from the sum of such present values any short-term interest paid from the date of prepayment to the next succeeding payment date in the event such payment is not made on a payment date), over (ii) the principal amount being prepaid, provided, that with respect to any prepayment of any portion of the BioMed 2024 Portfolio 2 Whole Loan that is subject to a rated securitization and that is made after the payment date in January 2029 but prior to February 9, 2029, the Yield Maintenance Premium will be zero. All Yield Maintenance Premiums payable with respect to component A and component B will be allocated to the notes comprising Note A on a pro rata and pari passu basis, and all Yield Maintenance Premiums payable with respect to component C and component D will be allocated to the notes comprising Note B on a pro rata and pari passu basis. “Prepayment Rate” means the bond equivalent yield (in the secondary market) on the United States Treasury Security, that as of the date that is five business days prior to the date that such prepayment has a remaining term to maturity closest to, but not later than, February 9, 2029 as most recently published in “Statistical Release H.15 (519), Selected Interest Rates,” or any successor publication, published by the Board of Governors of the Federal Reserve System, or on the basis of such other publication or statistical guide as the lender may reasonably select. If there is no United States Treasury Security with a yield equal to the remaining term to February 9, 2029, the Prepayment Rate will be calculated by taking the linear interpolation of the yields with maturity dates (one longer and one shorter) most nearly approximating the remaining term to February 9, 2029.

With respect to Loan No. 9, Stonebriar Centre, Defeasance of the Stonebriar Centre Whole Loan is permitted at any time after the earlier to occur of (i) July 1, 2027 and (ii) two years from the closing date of the securitization that includes the last pari passu note of the Stonebriar Centre Whole Loan to be securitized. The assumed lockout period of 26 payments is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024. The actual lockout period may be longer.

With respect to Loan No. 10, Northbridge Centre, the lockout period will be at least 24 payment dates beginning with and including the first payment date on October 6, 2024. Defeasance or voluntary prepayment with yield maintenance of the Northbridge Centre Whole Loan in full (but not in part) is permitted at any time following the earlier to occur of (i) August 9, 2027 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 payments is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024. The actual lockout period may be longer.

With respect to Loan No. 13, Westshore Crossing, defeasance of the whole loan is permitted at any time after the date that is two years after the closing date of the securitization that includes the last note to be securitized. The assumed defeasance lockout period of 26 payments is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024. The actual defeasance lockout period may be longer.

With respect to Loan No. 15, Bronx Terminal Market, the defeasance lockout period will be at least 25 payment dates beginning with and including the first payment date on September 6, 2024. Defeasance of the Bronx Terminal Market Whole Loan in full is permitted at any time after the earlier to occur of (i) September 6, 2027 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized.

 

 A-1-39 

 

  The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the BBCMS 2024-5C29 securitization in September 2024. The actual defeasance lockout period may be longer.
   
  With respect to Loan No. 22, GNL Industrial Portfolio, the GNL Industrial Portfolio Whole Loan may be voluntarily prepaid in whole (but not in part, other than in connection with the release of an individual mortgaged property, to cure a debt yield trigger or to obtain the DSCR threshold necessary for casualty/condemnation proceeds to be made available to the borrowers), at any time after April 5, 2025, (i) with the payment of a yield maintenance premium if such prepayment is made prior to October 6, 2028 or (ii) without the payment of a yield maintenance premium from and after October 6, 2028. The GNL Industrial Portfolio Whole Loan may be defeased in whole (but not in part, other than in connection with the release of an individual mortgaged property pursuant to the GNL Industrial Portfolio Whole Loan documents) at any time after September 1, 2026.
   
(13) Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness,” “—Preferred Equity” and “Certain Legal Aspects of the Mortgage Loans” in the preliminary prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, future mezzanine debt is permitted as described in this preliminary prospectus under “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness,” “—Preferred Equity” and “Certain Legal Aspects of the Mortgage Loans”.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the BioMed 2024 Portfolio 2 Whole Loan also includes the BioMed 2024 Portfolio 2 junior notes.  The BioMed 2024 Portfolio 2 junior notes bear interest at the weighted average of the interest rate of BioMed 2024 Portfolio 2 mortgage loan component C (which is 6.6442479% per annum) and component D (which is 7.7308079% per annum).  Payments on the BioMed 2024 Portfolio 2 junior notes are generally subordinate to payments on the BioMed 2024 Portfolio 2 senior notes, provided that the BioMed 2024 Portfolio 2 junior notes receive payments of interest prior to principal payments being made on the BioMed 2024 Portfolio 2 senior notes. See ““Description of the Mortgage Pool—The Whole Loans—The Non-Serviced AB Whole Loan—The BioMed 2024 Portfolio 2 Whole Loan” in the preliminary prospectus.

With respect to Loan No. 38, Retek New York Portfolio, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio does not exceed 69.0% and (y) the debt service coverage ratio is at least 1.23x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender and (iii) receipt of a rating agency confirmation from each applicable rating agency.

With respect to Loan No. 40, 2758 Creston Avenue, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio does not exceed 63.3% and (y) the debt service coverage ratio is at least 1.24x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender and (iii) receipt of a rating agency confirmation from each applicable rating agency.

With respect to Loan No. 52, 60 Cottage Street, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio does not exceed 68.2% and (y) the debt service coverage ratio is at least 1.13x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender and (iii) receipt of a rating agency confirmation from each applicable rating agency.
   
(14) The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the Origination Date during the term of the mortgage loan.

With respect to Loan No. 18, 161 Meserole Avenue, the Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%) and Underwritten NCF Debt Yield (%), which equal 1.28x, 1.28x, 8.2% and 8.1%, respectively, assume a stabilized underwritten economic vacancy of 3.0%, giving credit to rent payments due under seven unleased units that are currently subject to a master lease, versus actual economic vacancy of 15.6%. Assuming the in-place economic vacancy, the Underwritten NOI DSCR (x), the Underwritten NCF DSCR (x), the Underwritten NOI Debt Yield (%) and the Underwritten NCF Debt Yield (%) would be 1.11x, 1.10x, 7.1% and 7.0%, respectively. The mortgage loan was structured to include a $500,000 rent reserve to be released to the borrower upon the satisfaction of certain conditions, including, but not limited to, (i) no event of default under the mortgage

 A-1-40 

 

  loan then exists, (ii) the borrower has provided a certified rent roll with 100% occupancy, (iii) the borrower has provided the executed leases for all nine affordable units and (iv) the DSCR, based on trailing one-month income, annualized less the greater of (a) underwritten operating expenses ($163,477) and (b) actual operating expenses is greater than or equal to 1.30x.
   
(15) In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing.

With respect to Loan No. 25, Fountain Hills Plaza, a $80,000 credit to tenant improvements and leasing commissions has been underwritten, reflecting 1/10th of the TI/LC deposit at origination.

With respect to Loan No. 44, Strawberry Square Shopping Center, a $25,000 credit to tenant improvements and leasing commissions has been underwritten, reflecting 1/10th of the TI/LC deposit at origination.
   
(16) With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction.

With respect to Loan No. 3, Artisan Foods Portfolio, historical financial information is not available for the mortgaged properties. The 117 Water Street mortgaged property was recently converted from a commercial bakery operation to a food manufacturing facility with cold storage. The 201 Merrimack Street mortgaged property is currently being converted from a warehouse / dry storage facility to a full food manufacturing and cold storage facility. As such, historical expenses were primarily recorded at the tenant operating level.

With respect to Loan No. 7, New Jersey Logistics, historical financial information is not available as the mortgaged property was built in 2023.

With respect to Loan No. 12, Charlotte MHP Portfolio, Fourth Most Recent cash flows are not available as the mortgaged properties were recapitalized in 2021.

With respect to Loan No. 18, 161 Meserole Avenue, historical financial information is not available as the mortgaged property was built in 2024.

With respect to Loan No. 22, GNL Industrial Portfolio, Fourth Most Recent cash flows are unavailable because the GNL Industrial Portfolio mortgaged properties were acquired by the borrower sponsor on various dates between 2014 and 2020.

With respect to Loan No. 23, Chicago 12-Property Multifamily Portfolio, historical financial information for the 8705-8711 South Morgan Street and 535 East 102nd Street mortgaged properties prior to the most recent operating period is not available because the borrower sponsor acquired the mortgaged properties in November and December 2023, respectively.

With respect to Loan No. 31, Holiday Inn Express Indianapolis West Airport, Most Recent cash flows were based on the Normalized T12 ended June 30, 2024. During the 2023 PIP, the mortgaged property had all rooms offline at varying points throughout the year, impacting 2023 revenue. Consequently, Barclays normalized the T12 to replace 2023 months with the same months from 2022, when the mortgaged property was fully operational. As such, the Normalized T12 months comprise July - December 2022 and January - June 2024. It should be noted that January - May are shoulder months in the market, and the portion of Normalized T12 comprising July – December 2022 does not reflect the four additional rooms in connection with the renovation.

With respect to Loan No. 34, The Hub, historical financial information is not available because the sole tenant spent 18 months on the build-out and took occupancy in October 2023. Prior to the current tenant, the mortgaged property was redesigned by the borrower sponsor.

With respect to Loan No. 35, Enfield Industrial, Fourth Most Recent cash flows are not available as the mortgaged property was acquired in May 2022.

With respect to Loan No. 38, Retek New York Portfolio, historical financial information is not available as the mortgaged properties were acquired in 2023 and underwent renovations afterwards.
   
  With respect to Loan No. 41, 1900 Euclid Avenue, Fourth Most Recent cash flows are not available as the mortgaged property was acquired in April 2021.

 A-1-41 

 

  With respect to Loan No. 46, 140-150 Access Road, historical financial information is not available due to the recent development of the mortgaged property.

With respect to Loan No. 51, 286 East 163rd Street, historical financial information is not available as the mortgaged property was built in 2024.

With respect to Loan No. 54, 1668 Bergen Street, historical financial information is not available as the mortgaged property was built in 2023 and began leasing up in the first quarter of 2024.
   
(17) With respect to Loan No. 4, Estates at Palm Bay, the mortgaged property is subject to a ground lease between the United States of America, acting by and through the Secretary of the Air Force, as ground lessor, and the borrower, Lurin Real Estate Holdings VI, LLC, as ground lessee. The borrower entered into the ground lease on January 31, 1991, which was amended to extend the expiration to January 30, 2066. The ground lease has no remaining extension options. The ground rent is 8.0% of gross monthly income received by the ground lessee from the mortgaged property, payable in monthly installments in arrears for the preceding month.

With respect to Loan No. 6, Langdon at Walnut Park, at origination, (i) the borrowers entered into a ground lease between PHFC, as ground lessor, and the borrowers, as ground lessee, and (ii) PHFC Walnut LLC, an entity wholly-owned and controlled by PHFC (the “Langdon at Walnut Park Managing Member”), was appointed as the managing member of the borrowers (0.01% membership interest), in connection with an exemption from all property taxes expected to benefit the mortgaged property. Pursuant to the ground lease, which is scheduled to terminate on September 30, 2123 with no extensions, the borrowers are required to pay PHFC, among other amounts, as applicable, (i) an annual compliance fee of $100 per unit, with 2% annual increases (the “Compliance Payment”) and (ii) an annual fee equal to 10% of the annual property tax savings (the “Savings Fee”, and together with the Compliance Payment, the “PHFC Payments”). PHFC, the Langdon at Walnut Park Managing Member and the borrowers entered into a fee agreement agreeing that for so long as the tax exemption remains in effect, all fees required under the PHFC program documents, including the PHFC Payments, be paid from excess distributable cash, if any, after the payment of debt service payments in connection with the mortgage loan and operating expenses due and owing. The lender has established a reserve for the PHFC Payments, provided that, absent a continuing event of default under the mortgage loan, there is no obligation to make deposits into the PHFC Payments reserve unless the borrowers fail to provide evidence of timely payment. The lender has a lien on both the borrowers’ leasehold interest and PHFC’s fee interest in the mortgaged property.

With respect to Loan No. 10, Northbridge Centre, the mortgaged property is subject to reciprocal easement and development agreement (as amended, the “Development Agreement”). The Development Agreement grants the borrower use of certain adjacent tracts of land for, among other things, green space, an overhead walkway between the parking structure that is part of the collateral and the office building, vehicular access to the primary entrance to the office building and additional street-level parking in areas visible to the primary entrance to the improvements. The majority of the rights granted under the Development Agreement are perpetual. These include use of the access drive known as Flagler Court Drive between 4th and 5th Streets and the use of the street-level parking along Flagler Court Drive closest to 5th Street. In addition, the borrower has access to an additional six parking spaces along Flagler Court Drive near 4th Street. The borrower’s use of these parking spaces pursuant to the Development Agreement currently expires in 2031. If these rights are not extended, the mortgaged property would lose the use of those parking spaces but would still satisfy all applicable zoning requirements (i.e., the mortgaged property would still have 767 parking spaces with 675 parking spaces required by zoning). Pursuant to the Development Agreement, the borrower is obligated to maintain the areas to which it has access resulting in additional expenses for the operation of the mortgaged property.  An annual easement expense of $16,871 was included in the lender’s underwriting for the mortgaged property.

With respect to Loan No. 28, Crown Center, the mortgaged property is secured by a ground lease between the city of Fort Lauderdale, Florida, as ground lessor, and the borrower, as ground lessee, which expires on January 14, 2045, with three, 10-year extension options and one, five-year extension option remaining.  
   
(18) Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents.

With respect to loan No. 2, 277 Park Avenue, upfront other reserves consist of a $41,953,099 outstanding free rent and tenant improvement/leasing cost reserve. With respect to the upfront TI/LC reserve, if, among other things, (i) at least 750,000 square feet of the space demised under the JP Morgan leases that expire in 2026 and 2028, respectively, have been renewed or re-tenanted with qualified leases subject to minimum lease terms of at least five years beyond the ARD with no termination or contraction options that would be effective prior to the date that

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  is five years after the ARD, (ii) the mortgaged property occupancy level is at or greater than 95% (excluding amenity space and space on the 47th floor currently occupied by an affiliate of borrower), and (iii) the DSCR is greater than 2.00x excluding net cash flow from tenants not in exclusive possession and paying full unabated rent (unless funds are retained in the TI/LC reserve for such amounts) then, provided no event of default is continuing and the ARD has not occurred, funds on deposit in the TI/LC reserve for future leasing not previously disbursed or applied in excess of the aggregate amount of the vacancy holdback amount, the unpaid TI/LC obligations balance and the remaining rent abatement amount, in each case, as determined the lender, may be disbursed to the borrower.

With respect to Loan No. 9, Stonebriar Centre, Other Reserves consist of an Upfront Rollover Reserve ($11,720,606) and an Upfront Gap Rent Reserve ($756,921). The borrowers funded $10,449,929 into a reserve at origination, with the remaining $2,027,598 being guaranteed by the non-recourse carveout guarantor, as limited payment guarantor.

With respect to Loan No. 10, Northbridge Centre, the borrower established an upfront obligations reserve of $5,002,419 for unfunded obligations to third parties, such as unpaid tenant improvements, leasing commissions, free rent and gap rent. Additionally, the borrower established an upfront business interruption insurance reserve of $433,553 from which the borrower may obtain disbursements for leasing costs to the extent there are not any available funds in the rollover reserve for the same purpose. Any remaining balance may be released upon the borrower replacing the current insurance coverage of 12-months business interruption with 18-months.

With respect to Loan No. 39, Birch Knoll & Saucon Valley Crossing MHP, the borrowers deposited $1,084,000 into the Performance Holdback Reserve at origination. Prior to August 6, 2026, provided that no event of default has occurred and is continuing, the Performance Holdback Reserve Funds will be disbursed upon satisfaction of the following conditions: (i) any and all such written request(s) for release must (x) occur no later than August 6, 2026 and (y) be for no less than 100% of the Performance Holdback amount and (ii) the borrowers delivers to the lender, concurrently with such request, financial statements for the period ending on the last day of the immediately preceding calendar month, in form and detail satisfactory to the lender, which demonstrate to the lender’s satisfaction that (a) the mortgaged property has achieved: (1) an annualized gross income from operations equal to $961,000 (on a trailing six months accrual basis) and (2) after giving effect to the Performance Holdback amount, net operating income of at least $566,000, based on (A) annualized gross income from operations equal to clause (1) above and (B) actual operating expenses (on a trailing 12 month basis) and (b) tenants at no less than 92.0% of the pads at the mortgaged property are current on all obligations under their leases at the time of such request.

With respect to Loan No. 40, 2758 Creston Avenue, at origination, the borrower deposited $791,000 into a 421-a holdback reserve, on the condition that such reserve would be released when the borrower received the final Certificate of Eligibility and Restrictive Declaration. The condition was satisfied on August 28, 2024, and the funds will be released to the borrower.

With respect to loan No. 45, 51 Haddonfield, upfront other reserves consist of, with respect to the Asset Based Lending lease: (i) $28,238 for monthly disbursements related to such anticipated rent commencement, (ii) $350,000 for tenant improvements, (iii) $40,040 for leasing commissions and (iv) approximately $42,358 for free rent.
   
(19) Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents.

With respect to Loan No. 2, 277 Park Avenue, during the continuance of a cash sweep period, the borrower is required to deposit all (i) lease termination payments, and (ii) any sum received from any tenant, except JP Morgan Chase, to obtain a consent to an assignment or sublet.

With respect to Loan No. 3, Artisan Foods Portfolio, the borrowers are required to escrow monthly $5,850 (approximately $0.20 per square foot annually) for tenant improvement and leasing commission reserves. The TI/LC reserve is suspended so long as no Major Tenant Trigger Event (as defined in the mortgage loan documents) then exists. The reserve is currently suspended.

With respect to Loan No. 3, Artisan Foods Portfolio, during the continuance of a Major Tenant Trigger Event (as defined in the mortgage loan documents), the borrowers are required to deposit all excess cash flow to be held by the lender in a reserve account for the re-tenanting costs incurred with re-tenanting the related major tenant space.

 

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  With respect to Loan No. 4, Estates at Palm Bay, if at any time during the term of the mortgage loan the lender determines that the balance of the ground rent reserve is insufficient to pay the next ensuing three months of ground rent, the borrower will be required to pay to the lender for deposit into the ground rent reserve the amount of such deficiency within five business days of the lender’s written request therefor.

With respect to Loan No. 6, Langdon at Walnut Park, on a monthly basis, the borrower is required to escrow 1/12th of the property taxes (taking into account any tax exemption in effect with respect to the mortgaged property) that the lender estimates will be payable during the next 12 months (initially approximately $131,121) prior to the tax exemption being granted), provided that the borrower will no longer be required to make the monthly escrow for property taxes once the tax exemption has been formally granted by the central appraisal district and while it remains in effect.

With respect to Loan No. 7, New Jersey Logistics, at any time and from time to time that the lender disburses any funds in the rent reserve subaccount pursuant to the New Jersey Logistics mortgage loan documents, within 10 days following the notice from the lender, the borrower is required to pay to the lender an additional amount (the “Additional Rent Reserve Deposit”) equal to the difference between (i) the lender’s reasonable estimate of the aggregate amount of three months of rent that will be payable under the EDA lease and (ii) the balance then on deposit in the rent reserve subaccount (after deduction of the amount of the applicable disbursement from the rent reserve subaccount), which amount will be included in the notice to the borrower requesting such Additional Rent Reserve Deposit.

With respect to Loan No. 9, Stonebriar Centre, during the continuance of a reserve trigger period or cash management period, the borrowers are required to deposit $18,281.33 each month as the replacement reserve monthly deposit, which monthly deposit will be suspended during any period when the amount on deposit equals or exceeds $438,752.00.  

With respect to Loan No. 13, Westshore Crossing, if the borrower elects to suspend a cash management DSCR trigger event or a cash sweep DSCR trigger event, the borrower is required to deposit with or deliver to the lender cash or a letter of credit in an amount equal to $500,000, to be held by the lender as additional collateral for the Westshore Crossing Whole Loan.
   
  With respect to Loan No. 17, Cherrywood Shopping Center, on each payment date following the occurrence of a major tenant trigger event, the borrower is required to deposit (or cause to be deposited) an amount equal to the then-current monthly rent due under (i) the CVS lease and/or (ii) the Iavarone Brothers lease, as determined by the lender, which determination will be final absent manifest error.

With respect to Loan No. 17, Cherrywood Shopping Center, on each payment date during the continuance of a low DSCR period, the borrower is required to deposit (or cause to be deposited) the sum of $20,773.43 into the low DSCR reserve, which will be held by the lender as additional security for the mortgage loan.

With respect to Loan No. 21, DeKalb Student Housing, during the continuance of a lease sweep period, the borrower is required to deposit $70,000 into a lease sweep reserve on a monthly basis.

With respect to Loan No. 22, GNL Industrial Portfolio, during the continuance of a cash sweep period, the borrowers are required to deposit into an account for repairs and replacements, on a monthly basis, an amount equal to 1/12th of $0.15 multiplied by the total number of rentable square feet. In the event of a partial release, the monthly deposit will be reduced by an amount equal to 1/12th of the product obtained by multiplying $0.15 by the total number of rentable square feet of the individual mortgaged property that is subject of such partial release.

With respect to Loan No. 22, GNL Industrial Portfolio, during a cash sweep period, the borrowers are required to deposit into a reserve for tenant improvements and leasing commissions, on a monthly basis, an amount equal to 1/12th of $0.25 multiplied by the total number of rentable square feet. In the event of a partial release, the monthly deposit will be reduced by an amount equal to 1/12th of the product obtained by multiplying $0.25 by the total number of rentable square feet of the individual mortgaged property that is subject of such partial release.

With respect to Loan No. 24, London Bridge Industrial, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit all material tenant trigger event excess cash for tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with leasing material tenant space pursuant to qualified leases.

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  With respect to Loan No. 28, Crown Center, so long as the borrower pays directly to the ground lessor on each monthly installment of ground rent and provides evidence reasonable satisfactory to the lender of such timely payment, the borrower will not be required to make any such ground rent reserve monthly deposit.

With respect to Loan No. 31, Holiday Inn Express Indianapolis West Airport, on each monthly payment date, the borrower is required to pay an amount equal to 1/12th of (i) 2.0% of the projected annual gross income from operations of the mortgaged property through and including September 6, 2026 and (ii) 4.0% of the projected annual gross income from operations of the mortgaged property from and after September 7, 2026, as set forth in the approved annual budget for furniture, fixture and equipment expenditures (“FF&E”). The first FF&E monthly deposit is $5,726.47 and at no time will the deposit be less than this amount.

With respect to Loan No. 32, Fairfield Inn & Suites by Marriott Wilmington, the borrower is required to deposit into a seasonality reserve $6,000 on each monthly payment date in February, March, April, May, June, July, August, September, October and November of each calendar year.
   
  With respect to Loan No. 32, Fairfield Inn & Suites by Marriott Wilmington, on the date that any PIP other than the scheduled PIP is imposed by the franchisor, the borrower is required to deposit into a PIP reserve an amount equal to 125% of the sum required to pay for such PIP.

With respect to Loan No. 32, Fairfield Inn & Suites by Marriott Wilmington, the borrower is required to deposit into an FF&E reserve on each monthly payment date an amount equal to the greater of (i) 1/12th of 4% times the annual rents of the property for the applicable prior 12 month period and (ii) the monthly amount required to be reserved pursuant to the franchise agreement for the replacement of FF&E.

With respect to Loan No. 34, The Hub, during the continuance of a cash sweep period, the borrower is required to deposit an amount of $3,150.00 for the monthly rollover deposit.

With respect to Loan No. 37, Southpointe and Lakecrest, on each payment date on or after the balance contained in the rollover reserve account is less than $475,000 (excluding any amounts attributable to lease termination payments and the outstanding approved TI/LC expenses with the respect to the leases with Betacom and Bask Development), the borrower is required to make monthly contributions to the reserve of $10,126, subject to a cap of $825,000.

With respect to Loan No. 42, 501 Hayes, on each payment date, the borrower is required to deposit an amount initially equal to 1/12th of the expected insurance cost (initially $4,305.39 per month) into the insurance reserve subaccount. The deposits may be suspended if an acceptable blanket policy is in effect.

With respect to Loan No. 43, Suburban Extended Stay – Denver Westminster, in the event the related franchisor requires a property improvement plan and there are insufficient funds in the replacement reserve to fund such property improvement plan, the borrower will be required to deposit an amount equal to 125% of the amount determined by the lender in its discretion to be required to complete the applicable property improvement plan. 
   
(20) Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.

With respect to Loan No. 2, 277 Park Avenue, on a monthly basis, the borrower is required to escrow $1,250,000 for debt service reserves. The reserve is subject to a cap of one year of debt service at the initial interest rate.

With respect to Loan No. 5, Baybrook Mall, during a cash management period, the borrower is required to make a monthly deposit equal to 1/12th of $0.25 per owned leasable square foot at the mortgaged property (initially $11,270.54) into the replacement reserve, provided that the monthly deposit will be suspended during any period when the amount on deposit equals or exceeds $270,493.

With respect to Loan No. 5, Baybrook Mall, during a cash management period, the borrower is required to make a monthly deposit equal to 1/12th of $1.00 per owned leasable square foot at the mortgaged property (initially $45,082.17) into the rollover reserve, provided that the monthly deposit will be suspended during any period when the amount on deposit equals or exceeds $1,081,972.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, during the continuance of a cash sweep period, if the amount in the rollover reserve account is less than an amount equal to $1 multiplied by the aggregate square footage (excluding the rentable square footage attributable to the parking garage property) (the “Rollover Reserve Cap”),

 

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  the borrowers will be required to deposit on each payment date an amount equal to 1/12th of the Rollover Reserve Cap (or such lesser amount that would cause the amounts on deposit in the rollover reserve account to equal the Rollover Reserve Cap).

With respect to Loan No. 9, Stonebriar Centre,  the borrowers are required to deposit $91,406.67 each month as the rollover reserve monthly deposit, which monthly deposit will be suspended during any period when the amount on deposit equals or exceeds $2,193,760. During the continuance of a reserve trigger period or cash management period, if sufficient funds are available pursuant to the Stonebriar Centre Whole Loan cash management agreement, then no actual rollover reserve monthly deposit will be required.

With respect to Loan No. 9, Stonebriar Centre, if an anchor trigger event has occurred and is continuing with respect to any single anchor, the borrowers are required to pay to the lender on each monthly payment date an amount equal to all initial excess cash flow with respect to any particular interest period (the “Anchor Reserve Monthly Deposit”), provided, that to the extent the product obtained by multiplying (x) $50 by (y) the aggregate amount of gross leasable square footage of the applicable anchor parcel (the “Individual Anchor Threshold Amount”) has been deposited for any such anchor trigger event then continuing, then the Anchor Reserve Monthly Deposit with respect to such individual anchor trigger event will be zero (even if the funds in the anchor reserve account allocable to such individual anchor trigger event fall below the related Individual Anchor Threshold thereafter due to any disbursement to the borrowers in accordance with the terms of the Stonebriar Centre Whole Loan documents).

With respect to Loan No. 27, Feasterville Plaza, the borrower is required to deposit $4,609.46 into a rollover reserve on a monthly basis. Provided that no event of default has occurred and is continuing, on and after May 31, 2026, as long as (i) the borrower has satisfied the major tenant renewal criteria or the major tenant replacement lease criteria with respect to the Altitude Trampoline Park lease and (ii) the balance of the rollover reserve is at least $325,000, then the borrower’s obligation to make the rollover reserve deposit will be suspended.
   
  With respect to Loan No. 42, 501 Hayes, on a monthly basis, the borrower is required to escrow $333.33 for replacement reserves. The reserve is subject to a cap of $8,000.

With respect to Loan No. 45, 51 Haddonfield, on a monthly basis, the borrower is required to escrow $10,248.13 for TI/LC reserves. The reserve is subject to a cap of $450,000 which is inclusive of the $200,000 upfront TI/LC reserve.
   
(21) In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates.

With respect to Loan No. 2, 277 Park Avenue, the Largest Tenant, JP Morgan Chase, leases 361,802 square feet that expires on March 31, 2026 and 536,319 square feet that expires on March 31, 2028.

With respect to Loan No. 5, Baybrook Mall, the Third Largest Tenant, Foot Locker, leases 13,936 square feet that expires on April 30, 2032 and 4,440 square feet that expires on May 31, 2027.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the Largest Tenant, Illumina, Inc., leases 360,000 square feet at the Lincoln Centre mortgaged property, with 200,000 square feet expiring on January 15, 2033 and 160,000 square feet expiring on November 15, 2033.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the Second Largest Tenant, AbbVie Inc., leases 119,980 square feet at the 200 Sidney mortgaged property, with 57,850 square feet expiring on July 31, 2028 and 62,130 square feet expiring on October 31, 2029.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the Eighth Largest Tenant, Human Longevity, Inc. leases 48,049 square feet at the 4570 Executive Drive mortgaged property with 13,433 square feet expiring on September 12, 2030 and 34,616 square feet expiring on September 12, 2025.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the Third Largest Tenant, Poseida Therapeutics, Inc., leases 71,405 square feet, representing 48.4% of the NRA, at the 9360-9390 Towne Centre Drive mortgaged property as well as 15,163 square feet, representing 100% of NRA, at the Eastgate Mall mortgaged property.

With respect to Loan No. 26, 80 White Street, the Second Largest Tenant, Click Therapeutics, is occupying the space under a license agreement through December 2026, which includes annual termination options that must be exercised no later than September 30th of each year.

 

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  With respect to Loan No. 37, Southpointe and Lakecrest, the Second Largest Tenant at the Lakecrest mortgaged property, OWT Global, LLC, has the ongoing option to terminate its lease at any time after October 31, 2026, with written notice at least nine months prior to the effective date of the termination. The Third Largest Tenant at the Lakecrest mortgaged property, Department of Juvenile Justice, has the right to terminate its lease without penalty in the event a state-owned building becomes available for occupancy, with written notice at least six months prior to termination. The Fourth Largest Tenant at the Southpointe mortgaged property, Strayer University, Inc., has the ongoing option to terminate its lease with written notice at least nine months prior to the effective date of the termination.
   
(22) With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property.
   
(23) The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease.

With respect to Loan No. 2, 277 Park Avenue, the Second Largest Tenant, Sumitomo Mitsui Banking Corporation, has the right to terminate its lease with respect to its storage spaces, totaling 1,200 square feet, at any point during the lease term upon at least 30 days’ written notice to the landlord.

With respect to Loan No. 2, 277 Park Avenue, the Largest Tenant, JP Morgan Chase, currently subleases 12,406 square feet from Australia & New Zealand Bank through December 30, 2027.

With respect to Loan No. 8, BioMed 2024 Portfolio 2, the Third Largest Tenant, Poseida Therapeutics, Inc., leases 48.4% of the NRA at the 9360-9390 Towne Centre Drive mortgaged property and 100% of NRA at the Eastgate Mall mortgaged property, has a termination option if it enters into another lease at a different property owned by the landlord or an affiliate landlord, which may or may not constitute collateral for the BioMed 2024 Portfolio 2 mortgage loan; provided, that the term of the new lease is no less than 10 years, and the premises of the new lease is no less than (x) 125,000 square feet in the case of its lease at the 9360-9390 Towne Centre Drive mortgaged property, and (y) 95,000 square feet, in the case of its lease at the Eastgate Mall mortgaged property; and provided further, in each case, that the tenant must provide 30 days’ notice following full execution and delivery of the new lease. The mortgage loan documents do not contain anti-poaching provisions.

With respect to Loan No. 10, Northbridge Centre, the Fifth Largest Tenant, Focus Financial Partners, has a one-time right to terminate its lease with respect to suite 1900 (13,135 square feet) effective as of January 31, 2029, upon nine months’ prior written notice and payment of a termination fee equal to $1,515,605.49.

With respect to Loan No. 22, GNL Industrial Portfolio, Grupo Antolin, the sole tenant at the Grupo Antolin - Shelby Township, MI mortgaged property, has a one-time right to terminate its lease, effective as of the last day of the 138th month of the lease term, April 2029, by providing the related borrower written notice of such termination no later than the 126th month of the lease term, April 2028.

With respect to Loan No. 22, GNL Industrial Portfolio, ZF Active Safety, the sole tenant at the ZF Active Safety - Findlay, OH mortgaged property, has the right to terminate its lease, effective as of the last day of the 120th month of the lease term, September 2028, subject to providing no less than 12 months’ prior written notice to the related borrower and payment equal to the net present value of all remaining rent for the remainder of the initial lease term calculated using an interest rate of 5% concurrently with delivery of such notice.

With respect to Loan No. 22, GNL Industrial Portfolio, A.M. Castle & Co, the sole tenant at the AM Castle - Wichita, KS mortgaged property, has the right to terminate its lease, effective as of the last day of the 120th month of the lease term, October 2024, subject to providing no less than 180 days’ prior written notice to the related borrower and payment of a termination fee.

With respect to Loan No. 24, London Bridge Industrial, the Second Largest Tenant, LifeNet Health, subleases 14,800 square feet from the Largest Tenant, U-Play USA, LLC, at a rental rate of $4.79 per square foot expiring in December 2024. LifeNet Health occupies 100,000 square feet under a lease that commenced in June 2018 and expires in May 2026. LifeNet Health pays an underwritten base rent of $4.54 per square foot with 2.0% annual increases and has two, five-year renewal options remaining with 180 days’ written notice. The tenant does not have any termination options.

 

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  With respect to Loan No. 28, Crown Center, the Second Largest Tenant, Cruise One, Inc. has the right to terminate its lease, effective at any time following the expiration of the 63rd full calendar month of the extended term, May 1, 2029; provided that (i) the tenant has provided at least 12 months prior written notice, (ii) no event of default has occurred and (iii) the termination fee has been delivered within 10 business days following the borrower’s provision of the termination fee calculation to the tenant.

With respect to Loan No. 35, Enfield Industrial, the Second Largest Tenant, Kamps, may terminate its lease at any time, upon 30 days’ prior written notice.

With respect to Loan No. 35, Enfield Industrial, the Fourth Largest Tenant, Classic Toy Soldiers, Inc, may terminate its lease at any time, upon 30 days’ prior written notice.

With respect to Loan No. 45, 51 Haddonfield, the Largest Tenant, GSA IRS, has the right to terminate its lease at any time after December 15, 2027, upon 180 days’ prior written notice.

With respect to Loan No. 45, 51 Haddonfield, the Second Largest Tenant, Benefits Consultants Group / Horace Mann, has the one-time right to terminate its lease effective as of December 31, 2030, by providing 12 months prior written notice and paying an early termination fee of unamortized costs at a 6% annual rate plus $109,627.

With respect to Loan No. 45, 51 Haddonfield, the Third Largest Tenant, GSA DHS, has the right to terminate its lease at any time upon 180 days’ prior written notice.

With respect to Loan No. 45, 51 Haddonfield, the Fifth Largest Tenant, CRRC MA Corporation, has two options to terminate its lease after the 25th or 31st month of its lease (February 29, 2026 and August 31, 2026, respectively), by providing at least six months written notice and paying a fee equal to the unamortized leasing and construction costs, rental concessions, brokerage commissions and legal costs incurred by the borrower amortized monthly over the initial term of the lease at an annual interest rate of 8%.
   
(24) With respect to Loan No. 2, 277 Park Avenue, there is no non-recourse carveout guarantor or environmental indemnitor separate from the borrower. 
   
(25) Each letter identifies a group of related borrowers.
   
(26) The classification of the lockbox types is described in the preliminary prospectus. See “Description of the Mortgage Pool—Certain Calculations and Definitions” and “—Definitions” in the preliminary prospectus for further details.
   
(27) With respect to Loan No. 6, Langdon at Walnut Park, all necessary documentation for admission into the PHFC program was effectuated, and as such, the mortgaged property is part of the PHFC program; however, the tax exemption has not yet been granted by the applicable central appraisal district. The mortgage loan documents provide full recourse to the guarantor until such time as the tax exemption has been granted for the benefit of the mortgaged property. Once granted, the tax exemption is expected to be retroactive to the date fee ownership in the mortgaged property was transferred by the borrower to PHFC, on or about August 29, 2024, and continue for the term of the related ground lease or until its earlier termination. No real estate taxes were underwritten due to entry into the PHFC program.

With respect to Loan No. 15, Bronx Terminal Market, the mortgaged property benefits from a payment in lieu of taxes (“PILOT”) arrangement with the City of New York that expires in the 2032/2033 tax year.  The exemption amount is 100% in tax year 2023/2024 and reduces by 10% per year until expiration. In tax year 2023/2024, unabated taxes were estimated to be $13,436,971. Underwritten property taxes are based on the borrower’s budgeted amount, which takes into account the PILOT exemption.

With respect to Loan No. 16, The Boulevard at Oakley Station Phase II, the mortgaged property is subject to a 15-year tax abatement (“PILOT”) that runs through tax year 2032. The PILOT was predicated upon the mortgaged property receiving a leadership in energy and environmental design certification which was achieved. The improvements at the mortgaged property are abated at 100% of their value but there is still a 25% tax liability on the improvements that is payable to the Cincinnati public school system. The mortgage loan documents include a non-recourse carveout for any losses sustained due to any failure of the borrower to make a school tax payment. The mortgaged property is also part of a tax increment finance district (“TIF”). Under the TIF, (i) the mortgaged property is subject to an exemption for real estate taxes that runs from tax year 2013 through tax year 2042 and (ii)

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  the borrower is required to pay service payments in lieu of taxes on the increased value of both the land and the improvements. The TIF payments are pledged to the payment of the TIF bonds.

With respect to Loan No. 18, 161 Meserole Avenue, the mortgaged property is expected to benefit from a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development and is required to reserve at least 30% of the units for households earning up to 130% of area median income under affordable housing guidelines. The 421-a tax abatement phases out in the 2058/2059 tax year. The borrower has opted to reserve 31.03% (nine units) of the units at the mortgaged property for tenants earning no more than 130% of the area median income. The 421-a tax abatement is expected to provide a (i) 100% tax exemption for the first 25 years and (ii) 31.03% tax exemption for years 26 through 35, with full taxes commencing at the end of the 35th applicable tax year. The 421-a tax abatement is pending approval, and the abatement period has not yet started. The full unabated estimated taxes for the 2024/2025 tax year are $288,486 compared to the underwritten taxes of $10,586.

With respect to Loan No. 22, GNL Industrial Portfolio, The CSTK - St. Louis, MO mortgaged property is subject to tax increment financing (“TIF”) in which the City of St. Louis, Missouri issued bonds and reimbursed the prior owner for costs expended to develop the related mortgaged property before the related borrower acquired it in 2020. The city services those bond payments through tax increment and payment in lieu of taxes (“PILOT”) payments collected from the related borrower. The TIF structure does not create any additional or ongoing obligations on the part of the related borrower or the related mortgaged property (other than the PILOT payments). The related borrower is required to make PILOT payments when they become due, and the PILOT program terminates on January 30, 2037. The PILOT payments are equal to the real property taxes that would have been charged had the TIF structure not been in place. The lender underwrote the PILOT amount, which does not vary over the term.
   
  With respect to Loan No. 23, Chicago 12-Property Multifamily Portfolio, the 7818-7820 South South Shore Drive mortgaged property and the 8139-8145 South Maryland Avenue mortgaged property are each expected to benefit from a 10-year tax abatement under the Affordable Housing Special Assessment Program of Cook County. In connection with each tax abatement, the borrower will be required to reserve 15% of the units at the related mortgaged properties for tenants earning no more than 60% of the area median income, subject to certain rental restrictions.  Additionally, the 7770-7778 South South Shore Drive mortgaged property and the 7956 South Normal Avenue mortgaged property are each expected to benefit from a 10-year tax abatement under the Affordable Housing Special Assessment Program of Cook County. In connection with each tax abatement, the borrower will be required to reserve 35% of the units at the related mortgaged properties for tenants earning no more than 60% of the area median income, subject to certain rental restrictions. The full unabated taxes for the mortgaged properties were underwritten.

With respect to Loan No. 40, 2758 Creston Avenue, the borrower applied for a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development. In connection with the 421-a tax abatement, the borrower is required to reserve at least 30% of the units at the mortgaged property for tenants earning up to 130% of the area median income, subject to certain rental restrictions. The 421-a tax abatement provides a 100% tax exemption for the first 25 years, and then phases out over the next 10 years.

With respect to Loan No. 51, 286 East 163rd Street, the mortgaged property benefits from a 35-year 421-a tax abatement under the NYC Department of Housing Preservation & Development 421-a tax abatement program that commenced in 2024. In connection with the 421-a tax abatement, the borrower is required to reserve at least 30% of the units at the mortgaged property for tenants earning up to 130% of the area median income, subject to certain rental restrictions. The 421-a tax abatement provides a 100% tax exemption for the first 25 years, and then phases out over the next 10 years.

With respect to Loan No. 54, 1668 Bergen Street, the mortgaged property is expected to benefit from a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development and is required to reserve at least 30% of the units for households earning up to 130% of area median income under affordable housing guidelines. The 421-a tax abatement phases out in the 2058/2059 tax year. The borrower has opted to reserve 60% (six) of the units at the mortgaged property for tenants earning no more than 130% of the area median income. The 421-a tax abatement is expected to provide a (i) 100% tax exemption for the first 25 years and (ii) 60% tax exemption for years 26 through 35, with full taxes commencing at the end of the 35th applicable tax year. The 421-a tax abatement is pending approval, and the abatement period has not yet started. The full unabated estimated taxes for the 2024/2025 tax year are $59,838 compared to the underwritten taxes of $1,226.
   
(28) With respect to Loan No. 12, Charlotte MHP Portfolio, the Queen’s Grant mortgaged property is subject to a master lease for 37 pads dated as of December 23, 2021, between CHR VIII-PCP MHC Charlotte Queens, L.L.C., a co-borrower, as lessor, and CHR VIII-PCP MHC Charlotte Queens Owner, L.L.C., an affiliate of the borrowers, as

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  lessee. The lessee is required to pay the lessor rent in an amount initially equal to $600 per month per leased pad subject to the master lease, regardless of whether such pad is vacant or occupied, without offset or abatement, and such monthly amount of rent will be adjusted every 12 months to the highest rate being charged by the lessor to a tenant for a pad leased directly by the lessor to a tenant but in no case less than $600.

With respect to Loan No. 12, Charlotte MHP Portfolio, the Arrowood mortgaged property is subject to a master lease for 31 pads dated as of December 23, 2021, between CHR VIII-PCP MHC Charlotte Arrowood, L.L.C., a co-borrower, as lessor, and CHR VIII-PCP MHC Charlotte Arrowood Owner, L.L.C., an affiliate of the borrowers, as lessee. The lessee is required to pay the lessor rent in an amount initially equal to $600 per month per leased pad subject to the master lease, regardless of whether such pad is vacant or occupied, without offset or abatement, and such monthly amount of rent will be adjusted every 12 months to the highest rate being charged by the lessor to a tenant for a pad leased directly by the lessor to a tenant but in no case less than $600.

With respect to Loan No. 18, 161 Meserole Avenue, the borrower sponsors entered into a master lease with the borrower for the seven vacant residential units at the mortgaged property. The master lease has a term of eight years and expires in August 2032. The master lease may be terminated upon the satisfaction of certain conditions, including, but not limited to, (i) no event of default under the mortgage loan then exists, (ii) the borrower has provided a certified rent roll with 100% occupancy, (iii) the borrower has provided the executed leases for all nine affordable units and (iv) the DSCR, based on trailing one-month income, annualized less the greater of (a) underwritten operating expenses ($163,477) and (b) actual operating expenses is greater than or equal to 1.30x.

With respect to Loan No. 22, GNL Industrial Portfolio, the CF Sauer – 184 Suburban, CF Sauer – 9 Old Mill Road, CF Sauer – 2447 Eunice Avenue, CF Sauer – 39 S Park Dr. and CF Sauer – 513 West Butler Road mortgaged properties are subject to a master lease between ARG CFSRSLB001, LLC, as lessor, and Sauer Brands, Inc., as lessee.

With respect to Loan No. 37, Southpointe and Lakecrest, at origination, Lakecrest Acquisition, LLC and 5650 Tampa Acquisitions, LLC, co-borrowers, entered into a lease agreement with RE2011, CORP., a borrower affiliate, covering four suites at the Lakecrest mortgaged property (32.4% of the NRA) and one suite at the Southpointe mortgaged property (5.8% of the NRA) (the “Southpointe and Lakecrest Affiliate Lease”) which are currently leased by existing tenants at the mortgaged properties pursuant to leases that are scheduled to expire within six months of origination of the related mortgage loan, excluding the Roskamp Institute, Inc. lease, which is scheduled to expire in November 2026. As to any space under the existing tenant leases, the Southpoint and Lakecrest Affiliate Lease will commence upon the earlier to occur of (i) the expiration date of any existing tenant lease or (ii) the date any existing tenant ceases to pay rent under the terms of its existing lease, and will continue for a term of 12 months unless terminated earlier pursuant to the terms of the Southpointe and Lakecrest Affiliate Lease. The Southpointe and Lakecrest Affiliate Lease will terminate (a) in full upon repayment of the related mortgage loan and (b) in part, as to any existing tenant space, if among other things (i) the tenant under any existing lease executes a renewal for such lease with a minimum term of 12 months beyond the then-current expiration date of such lease or (ii) the borrower enters into a replacement lease with a new tenant for the same space, in each case subject to satisfaction of the requirements set forth in the Southpointe and Lakecrest Affiliate Lease and the Southpoint and Lakecrest mortgage loan documents.
   
  With respect to Loan No. 39, Birch Knoll & Saucon Valley Crossing MHP, the mortgaged property is subject to a master lease for 25 lots and homes dated August 9, 2024, between Birch Knoll MHC, LLC, a co-borrower, as lessor, and FM MHC Homes III, LLC (“FM”), an affiliate of the borrowers, as lessee. The FM lease has a term of one year and will automatically renew for another year upon the same terms and conditions. The FM lease may be terminated if: (i) either of the lessor or lessee elects to terminate the lease by written notice delivered to the other party no less than 60 days in advance of the expiration of the then current term, during which the lessee will be required to pay rent to the lessor in an amount equal to the rent collected by the lessee from the third-party tenants or occupants of the lots and homes and (ii) provided that such rent payable to the lessor will not exceed the amount of rent attributable to the applicable lot which at a minimum will be no less than $445 per lot.

With respect to Loan No. 53, 431 Dekalb Avenue, the borrower entered into a master lease with a borrower-affiliate for one seven-bedroom unit at the mortgaged property.
   
(29) - Artisan Foods Portfolio – 201 Merrimack Street
- Chicago 12-Property Multifamily Portfolio - 11214-11218 South Indiana Avenue, 8001-8007 South Eberhart Avenue, 9017-9025 South Cottage Grove Avenue, 8705-8711 South Morgan Street
- 1668 Bergen Street

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(30) With respect to Loan No. 8, BioMed 2024 Portfolio, the increase in Underwritten NOI compared to Most Recent NOI is primarily attributable to (i) rent increases through May 31, 2025 and (ii) straight line rent credit for investment grade tenants.

With respect to  Loan No. 8, BioMed 2024 Portfolio 2, the Interest Rate % represents the weighted average of component A and component B of the BioMed 2024 Portfolio 2 Whole Loan, which components are comprised of, collectively, Note A-1, Note A-2, Note A-3, Note A-4, Note A-5-1, Note A-5-2, Note A-5-3, Note A-6, Note A-7 and Note A-8. See the definition of “Weighted Average Interest Rate” set forth under “Description of the Mortgage Pool—Definitions” in the preliminary prospectus.

With respect to Loan No. 15, Bronx Terminal Market, commencing on August 2, 2024 and every five years thereafter, the ground tenant is required to pay ground rent equal to the greater of (i) 105% of the immediately preceding adjusted base amount or (ii) 5% of gross revenues (defined as all rent received from subtenants minus (a) a management fee of 3% of rent from subtenants received by the ground tenant and (b) aggregate compensation and associated costs and expenses for two on-site personnel engaged in the operation of the Bronx Terminal Market mortgaged property). As part of Target's lease, the tenant paid an upfront buydown of its rent of $46,394,000. Gross revenues utilized to calculate percent ground rent include an amortized imputed annual gross revenue amount from the Target buydown, calculated at an annual rate of 6.9% of the total buydown. The underwritten annual ground rent is $1,371,008 based on the lender’s underwriting assumptions. The 2023 ground rent was $1,078,546.

With respect to Loan No. 21, DeKalb Student Housing, the mortgaged property consists of 42 individual buildings located in 419 Normal Road, 501 Lucinda Avenue, 623 Lucinda Avenue, 627 Lucinda Avenue, 707 Lucinda Avenue, 711-715 Lucinda Avenue, 807 Lucinda Avenue, 817 Lucinda Avenue, 418 Russell Road, 420 Russell Road, 431 Russell Road, 803 Hillcrest Drive / 1011 Normal Road, 845 Pappas Drive, 855 Pappas Drive, 895 Pappas Drive, 925 Pappas Drive, 935 Pappas Drive, 845 Spiros Court, 910 Spiros Court, 922 Spiros Court, 934 Spiros Court, 935 Spiros Court, 1000 Spiros Court, 1020 Spiros Court, 1050 Spiros Court, 1001 Spiros Court, 1019 Spiros Court, 1037 Spiros Court, 1006 Aspen Court, 1018 Aspen Court, 1068 Aspen Court, 1032 Aspen Court, 1044 Aspen Court, 1056 Aspen Court, 1084 Aspen Court, 1089 Aspen Court, 1092 Aspen Court, 1009 Aspen Court, 1025 Aspen Court, 1043 Aspen Court, 1090 Rushmore Drive and 801 Lucinda Avenue.

With respect to Loan No. 35, Enfield Industrial, the mortgaged property is part of the 53 Manning Road Condominium, which consists of two units. The mortgaged property, Condo Unit 1, is comprised of 244,505 square feet of industrial space. Condo Unit 2, which is not part of the collateral, is a self-storage facility separately managed and financed but is under the control of an affiliate of the borrower sponsor. 

 

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