MORGAN STANLEY
109 records
Balance: 208,589,310
PNCMA 2000-C2
BALCURR less than or equal to $3,000,000
<TABLE>
<CAPTION>
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1. Seller
---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Seller Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
CIBC 19 41,609,495 19.95 8.741 117 1.42 68.9 59.6
---------------------------------------------------------------------------------------------------------------------------
MSDWMC 11 24,269,954 11.64 8.488 110 1.31 67.3 59.5
---------------------------------------------------------------------------------------------------------------------------
MIDLAND 79 142,709,862 68.42 7.344 106 1.45 68.7 56.4
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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</TABLE>
<TABLE>
<CAPTION>
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2. Current Balances ($)
---------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Current Balances ($) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
600,001 - 800,000 2 1,470,558 0.71 7.259 105 1.4 71.4 58.9
---------------------------------------------------------------------------------------------------------------------------
800,001 - 1,000,000 3 2,737,243 1.31 7.457 142 1.27 68.2 41.4
---------------------------------------------------------------------------------------------------------------------------
1,000,001 - 1,200,000 12 13,365,906 6.41 7.376 103 1.48 65.9 55.4
---------------------------------------------------------------------------------------------------------------------------
1,200,001 - 1,400,000 7 9,045,810 4.34 6.903 102 1.47 70.1 59
---------------------------------------------------------------------------------------------------------------------------
1,400,001 - 1,600,000 12 18,529,650 8.88 7.994 110 1.48 67.4 58.2
---------------------------------------------------------------------------------------------------------------------------
1,600,001 - 1,800,000 9 15,019,988 7.2 7.356 111 1.47 68.6 54.1
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1,800,001 - 2,000,000 15 28,706,623 13.76 7.764 107 1.53 68 56.9
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2,000,001 - 2,200,000 14 29,733,287 14.25 8.15 109 1.37 70.2 62.2
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2,200,001 - 2,400,000 11 25,530,600 12.24 8.256 108 1.45 67.7 57.4
---------------------------------------------------------------------------------------------------------------------------
2,400,001 - 2,600,000 7 17,424,481 8.35 7.478 105 1.41 66.1 56.9
---------------------------------------------------------------------------------------------------------------------------
2,600,001 - 2,800,000 11 29,713,215 14.24 7.435 100 1.4 70.8 59.7
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2,800,001 - 3,000,000 6 17,311,947 8.3 8.076 125 1.27 69.2 51.6
---------------------------------------------------------------------------------------------------------------------------
Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 696,932
Max: 2,948,107
Average: 1,913,663
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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3. States
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
States Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
California 15 28,334,543 3.58 8.043 115 1.41 64.2 53.4
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Texas 10 19,323,447 9.26 8.181 114 1.44 64.6 52
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Washington 7 14,564,376 6.98 7.247 111 1.34 70.2 49.1
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Virginia 7 13,383,204 6.42 7.767 108 1.49 67.3 58
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Arizona 6 12,083,061 5.79 7.995 103 1.34 73.2 65.8
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Ohio 5 11,457,467 5.49 7.982 101 1.34 67.1 58.3
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Florida 6 11,450,483 5.49 8.187 108 1.57 69.1 60.1
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Pennsylvania 5 9,633,471 4.62 7.932 109 1.42 69.6 60.9
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New York 4 8,936,774 4.28 6.61 100 1.45 68.8 57.1
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Tennessee 3 7,361,440 3.53 8.11 111 1.37 73.9 63.1
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New Jersey 4 6,375,390 3.06 7.987 109 1.73 61.9 52.8
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Kansas 3 5,679,433 2.72 7.251 104 1.63 65.3 46.6
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Kentucky 3 5,320,321 2.55 6.401 96 1.69 75.8 64.7
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Oklahoma 2 5,119,815 2.45 8.38 118 1.31 74.2 67
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Georgia 2 4,690,005 2.25 8.458 106 1.31 67.1 59
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Missouri 2 4,446,299 2.13 5.99 97 1.45 71.7 57.6
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Maryland 2 4,381,048 2.1 8.165 113 1.32 73.8 64.9
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Connecticut 3 4,140,837 1.99 8.055 106 1.27 71.3 62.3
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Colorado 3 3,955,608 1.9 6.87 102 1.59 61.9 52.5
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Minnesota 2 3,728,076 1.79 7.029 117 1.47 74.7 64.7
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Nebraska 2 3,691,012 1.77 7.611 110 1.29 76.3 66.8
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New Hampshire 1 2,748,964 1.32 6.9 95 1.37 70.5 49.8
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Indiana 1 2,693,465 1.29 8.25 99 1.39 58.2 49.3
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Oregon 1 2,363,205 1.13 9.37 116 1.35 67.5 58
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Michigan 2 1,809,133 0.87 7.492 107 1.6 71 58.7
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Iowa 1 1,696,427 0.81 7.05 95 1.25 74.6 61.8
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Alabama 1 1,649,708 0.79 6.73 97 1.49 71.7 58.8
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Utah 1 1,599,613 0.77 8.51 113 1.25 66.7 60.6
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Illinois 1 1,498,456 0.72 8.13 119 1.25 78.9 65.4
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Idaho 1 1,231,066 0.59 7.15 95 1.34 71.4 63.8
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Nevada 1 1,104,627 0.53 7.16 96 1.41 71 63.5
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District of Columbia 1 1,092,352 0.52 7.36 95 1.78 72.8 60.8
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Delaware 1 1,046,186 0.5 8.43 118 1.25 76.1 63.7
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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4. Property Types
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Property Types Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
Multifamily 45 87,683,090 42.04 7.689 109 1.39 72.4 62
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Retail 22 43,165,528 20.69 7.646 107 1.39 69.1 57.6
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Office 16 29,233,398 14.01 8.023 109 1.4 66.8 58.3
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Hospitality 9 20,195,121 9.68 8.941 109 1.53 58.4 48.2
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Industrial 11 16,266,717 7.8 7.199 113 1.38 68.4 49
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Other 2 4,446,815 2.13 7.393 107 1.45 58.8 44.6
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Self Storage 2 4,275,221 2.05 6.517 96 2.27 52.3 37
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Manufactured Housing 2 3,323,419 1.59 6.18 96 1.82 74.8 65.4
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Total: 109 100 7.756 108 1.43 68.6 57.4
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</TABLE>
<TABLE>
<CAPTION>
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5. Mortgage Rates (%)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Mortgage Rates (%) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
5.501 - 6.000 3 6,520,642 3.13 5.971 97 1.52 69.5 55.9
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6.001 - 6.500 17 29,927,364 14.35 6.339 103 1.57 69 53
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6.501 - 7.000 19 35,401,036 16.97 6.751 102 1.57 66.8 51.7
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7.001 - 7.500 9 13,617,608 6.53 7.129 96 1.47 67.5 56.2
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7.501 - 8.000 3 6,590,250 3.16 7.858 94 1.45 70.8 63.6
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8.001 - 8.500 27 53,368,111 25.59 8.283 113 1.33 68.9 59.5
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8.501 - 9.000 23 46,287,554 22.19 8.664 116 1.3 71 62.9
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9.001 - 9.500 5 11,309,019 5.42 9.25 117 1.37 68 59.9
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9.501 - 10.000 3 5,567,727 2.67 9.61 113 1.67 54.4 42.9
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 5.930
Max: 9.660
Weighted Average Coupon: 7.756
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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6. Seasoning (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Seasoning (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
2 4,372,000 2.1 8.765 120 1.3 70.9 55.7
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12-Jan 53 104,513,119 50.1 8.602 116 1.34 70.1 61.7
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13 - 24 41 75,863,865 36.37 6.698 102 1.55 66 51.6
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25 - 36 12 21,587,576 10.35 7.116 92 1.49 70.1 58.3
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37 - 48 1 2,252,749 1.08 8.27 82 1.21 66.3 49.8
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 0
Max: 38
Weighted Average: 14
</TABLE>
<TABLE>
<CAPTION>
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7. Original Terms to Stated Maturity (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Original Terms Mortgage Current Current Mortgage Term to Average Current Balloon
to Stated Maturity (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
---------------------------------------------------------------------------------------------------------------------------
61 - 120 102 195,456,598 93.7 7.774 106 1.44 68.6 58.7
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121 - 180 6 12,204,407 5.85 7.53 136 1.33 68.8 41
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181 - 240 1 928,305 0.45 6.86 216 1.22 64 2.6
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 84
Max: 240
Weighted Average: 122
</TABLE>
<TABLE>
<CAPTION>
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8. Remaining Terms to Stated Maturities (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Remaining Terms Mortgage Current Current Mortgage Term to Average Current Balloon
to Stated Maturities (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
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Jan-60 1 1,178,311 0.56 7.99 52 1.43 40.6 35.4
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61 - 120 102 195,885,409 93.91 7.75 106 1.43 68.9 59
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121 - 180 5 10,597,285 5.08 7.921 141 1.34 66 35.1
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181 - 240 1 928,305 0.45 6.86 216 1.22 64 2.6
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 52
Max: 216
Non-Zero Weighted Average: 108
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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9. Original Amortization Terms (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Original Number of Aggregate Aggregate Average Remaining Weighted Average Average
Amortization Mortgage Current Current Mortgage Term to Average Current Balloon
Terms (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
121 - 180 2 4,465,492 2.14 6.401 157 1.37 59.5 1.5
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181 - 240 11 20,398,224 9.78 7.852 104 1.66 58.4 40.7
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241 - 360 96 183,725,595 88.08 7.778 107 1.4 69.9 60.6
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 180
Max: 360
Weighted Average: 318
</TABLE>
<TABLE>
<CAPTION>
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10. Original Amortization Terms -Balloon Loans (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Original Number of Aggregate Aggregate Average Remaining Weighted Average Average
Amortization Mortgage Current Current Mortgage Term to Average Current Balloon
Terms -Balloon Loans (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
240 10 19,469,919 9.33 7.899 99 1.68 58.2 42.6
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300 49 90,628,102 43.45 7.591 105 1.47 67.4 56
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360 47 93,097,493 44.63 7.96 110 1.35 72.4 65.1
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Total: 106 203,195,513 97.41 7.789 107 1.43 68.8 58.9
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Min: 240
Max: 360
Weighted Average: 322
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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11. Original Amortization Terms - Fully-Amortizing Loans (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Original Percent by Weighted Average Weighted Weighted
Amortization Number of Aggregate Aggregate Average Remaining Weighted Average Average
Terms - Fully-Amortizing Mortgage Current Current Mortgage Term to Average Current Balloon
Loans (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
180 2 4,465,492 2.14 6.401 157 1.37 59.5 1.5
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240 1 928,305 0.45 6.86 216 1.22 64 2.6
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Total: 3 5,393,797 2.59 6.48 167 1.35 60.3 1.7
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Min: 180
Max: 240
Weighted Average: 190
</TABLE>
<TABLE>
<CAPTION>
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12. Remaining Amortization Terms (mos)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Remaining Number of Aggregate Aggregate Average Remaining Weighted Average Average
Amortization Mortgage Current Current Mortgage Term to Average Current Balloon
Terms (mos) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
121 - 180 2 4,465,492 2.14 6.401 157 1.37 59.5 1.5
--------------------------------------------------------------------------------------------------------------------------
181 - 240 11 20,398,224 9.78 7.852 104 1.66 58.4 40.7
--------------------------------------------------------------------------------------------------------------------------
241 - 300 48 88,228,102 42.3 7.547 104 1.47 67.4 55.9
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301 - 360 48 95,497,493 45.78 7.992 111 1.35 72.3 64.9
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 157
Max: 359
Weighted Average: 305
</TABLE>
<TABLE>
<CAPTION>
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13. Debt Service Coverage Ratios (x)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Debt Service Mortgage Current Current Mortgage Term to Average Current Balloon
Coverage Ratios (x) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
1.16 - 1.25 27 51,258,892 24.57 8.357 118 1.23 72.8 60.4
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1.26 - 1.35 23 48,215,309 23.11 8.202 113 1.3 71 61.8
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1.36 - 1.50 27 51,085,718 24.49 7.298 100 1.41 67 56
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1.51 - 1.75 22 40,481,532 19.41 7.273 103 1.62 66.7 55
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1.76 - 2.00 7 12,024,448 5.76 7.196 101 1.85 60.5 48.4
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2.01 >= 3 5,523,411 2.65 7.26 101 2.26 54.4 41.6
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 1.16
Max: 2.68
Non-Zero Weighted Average: 1.43
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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14. Current Loan-to-Value Ratios (%)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Current Number of Aggregate Aggregate Average Remaining Weighted Average Average
Loan-to-Value Mortgage Current Current Mortgage Term to Average Current Balloon
Ratios (%) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
30.1 - 40.0 1 1,899,896 0.91 6.5 96 2.68 39.6 28
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40.1 - 50.0 6 9,834,245 4.71 7.613 107 1.72 46.2 31.4
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50.1 - 60.0 9 20,485,722 9.82 8.159 105 1.46 57.4 47.1
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60.1 - 70.0 32 62,682,411 30.05 7.8 113 1.43 66.2 53
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70.1 - 80.0 61 113,687,036 54.5 7.692 106 1.38 74.3 64.4
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 39.6
Max: 79.8
Non-Zero Weighted Average: 68.6
</TABLE>
<TABLE>
<CAPTION>
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15. Balloon Loan-to-Value Ratios (%)
<S> <C> <C> <C> <C> <C> <C> <C> <C>
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Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Balloon Loan-to-Value Mortgage Current Current Mortgage Term to Average Current Balloon
Ratios (%) Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
0.1 - 10.0 3 5,393,797 2.59 6.48 167 1.35 60.3 1.7
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20.1 - 30.0 1 1,899,896 0.91 6.5 96 2.68 39.6 28
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30.1 - 40.0 6 10,077,271 4.83 7.822 98 1.75 47.9 37.4
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40.1 - 50.0 10 22,404,426 10.74 7.726 98 1.47 60.4 47.6
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50.1 - 60.0 35 64,416,908 30.88 7.614 108 1.47 67.2 56.1
--------------------------------------------------------------------------------------------------------------------------
60.1 - 70.0 49 93,574,913 44.86 7.888 108 1.36 73.6 65
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70.1 - 80.0 5 10,822,099 5.19 8.307 115 1.23 79 71.4
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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Min: 1.3
Max: 72.7
Weighted Average: 57.4
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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16. Balloon Loan
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Balloon Loan Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
Yes 106 203,195,513 97.41 7.789 107 1.43 68.8 58.9
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No 3 5,393,797 2.59 6.48 167 1.35 60.3 1.7
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Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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</TABLE>
<TABLE>
<CAPTION>
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17. Hyper Amort
<S> <C> <C> <C> <C> <C> <C> <C> <C>
--------------------------------------------------------------------------------------------------------------------------
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Hyper Amort Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
No 101 192,945,591 92.5 7.815 109 1.43 68.3 57.1
--------------------------------------------------------------------------------------------------------------------------
Yes 8 15,643,719 7.5 7.018 100 1.45 72.5 61.2
--------------------------------------------------------------------------------------------------------------------------
Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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</TABLE>
<TABLE>
<CAPTION>
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18. Ownership Type
--------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Current Current Mortgage Term to Average Current Balloon
Ownership Type Loans Balance Balance (%) Rate(%) Maturity (mos) DSCR LTV (%) LTV (%)
--------------------------------------------------------------------------------------------------------------------------
Fee and Leasehold 1 2,363,205 1.13 9.37 116 1.35 67.5 58
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Fee Simple 105 198,656,310 95.24 7.748 108 1.43 68.7 57.6
--------------------------------------------------------------------------------------------------------------------------
Leasehold 3 7,569,795 3.63 7.453 104 1.4 65.6 51.4
--------------------------------------------------------------------------------------------------------------------------
Total: 109 208,589,310 100 7.756 108 1.43 68.6 57.4
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</TABLE>
<PAGE>
This information is being delivered to a specific number of prospective
sophisticated investors in order to assist them in determining whether they have
an interest in the type of security described herein. It has been prepared
solely for informational purposes and is not an offer to buy or sell or a
solicitation of an offer to buy or sell any security or instrument or to
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with respect to the accuracy or completeness of the information, or with respect
to the terms of any future offer of securities conforming to the terms hereof.
Any such offer of securities would be made pursuant to a definitive Prospectus
or Private Placement Memorandum, as the case may be, prepared by the issuer
which could contain material information not contained herein and to which the
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Placement Memorandum will contain all material information in respect of any
securities offered thereby and any decision to invest in such securities should
be made solely in reliance upon such Prospectus or Private Placement Memorandum.
Certain assumptions may have been made in this analysis which have resulted in
any returns detailed herein. No representation is made that any returns
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availability are subject to change without notice. This material may be filed
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In addition, please note that this publication has been issued by Morgan Stanley
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representative about the investments concerned.NOT FOR DISTRIBUTION TO PRIVATE
CUSTOMERS AS DEFINED BY THE U.K. SECURITIES AND FUTURES AUTHORITY
