<PAGE>
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) June 1, 1998
DLJ Commercial Mortgage Corp.
- -------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
Delaware 333-32019 13-3956945
- -------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
277 Park Avenue, New York, New York 10172
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (212) 892-3000
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
================================================================================
<PAGE>
Item 5. Other Events.
In connection with the offering of the Commercial Mortgage
Pass-Through Certificates, Series 1998-CG1, Donaldson, Lufkin & Jenrette
Securities Corporation prepared and furnished to prospective investors certain
Computational Materials.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired:
Not applicable.
(b) Pro forma financial information:
Not applicable.
(c) Exhibits:
-2-
<PAGE>
Exhibit No. Description
99.1 Copy of Computational Materials and ABS Term Sheets, dated June 1,
1998, prepared by Donaldson, Lufkin & Jenrette Securities
Corporation and filed on Form SE pursuant to Rule 311(i) of Regulation
S-T.
-3-
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: June 10, 1998
DLJ COMMERCIAL MORTGAGE CORP.
By: /s/ N. Dante LaRocca
---------------------------------
Name: N. Dante LaRocca
Title: Senior Vice President
-4-
<PAGE>
EXHIBIT INDEX
The following exhibits are filed herewith:
Exhibit No. Page No.
- ----------- --------
99.1 Computational Materials and ABS Term Sheets, dated June 1, CE
1998, prepared by Donaldson, Lufkin & Jenrette Securities
Corporation.
-5-
<PAGE>
Donaldson, Lufkin & Jenrette PRELIMINARY
Donaldson, Lufkin & Jenrette Securities Corporation
277 Park Avenue, New York, New York 10172
- -------------------------------------------------------------------------------
Real Estate Finance Group
- -------------------------------------------------------------------------------
COMMERCIAL MORTGAGE TRADING
- -------------------------------------------------------------------------------
$1,572,629,582 (+/- 5%)
(Initial Mortgage Pool Balance)
"Column-GECA Conduit I"
DLJ Commercial Mortgage Corp.
Commercial Mortgage Pass-Through Certificates, Series 1998-CG1
Mortgage Loan Sellers
Column Financial, Inc. GE Capital Access, Inc.
** PRELIMINARY SUMMARY MEMORANDUM **
DATED JUNE 1, 1998
This investment summary is a computational, structural and/or collateral term
sheet prepared solely for informational purposes. No offer to sell or
solicitation of any offer to purchase securities is being made hereby. This
summary is designed for use by Donaldson, Lufkin & Jenrette Securities
Corporation personnel to assist them in determining whether potential investors
wish to proceed with an in-depth investigation of the proposed subject offering.
While the information contained herein is from sources believed to be reliable,
it has not been independently verified by Donaldson, Lufkin & Jenrette
Securities Corporation or any of its respective affiliates. Therefore, none of
Donaldson, Lufkin & Jenrette Securities Corporation nor any of its respective
affiliates make any representations or warranties with respect to the
information contained herein or as to the appropriateness, usefulness or
completeness of these materials. Any computational information set forth herein
(including without limitation any computations of yields and weighted average
life) is hypothetical and based on certain assumptions (including without
limitation assumptions regarding the rate and timing of voluntary and
involuntary prepayments of the mortgage loan/loans or assumptions that the
mortgage loan/loans will not be prepaid voluntarily or involuntarily or
liquidated). The actual characteristics and performance of the mortgage
loan/loans will differ from such assumptions and such differences may be
material. This document is subject to errors, omissions and changes in the
information and is subject to modification or withdrawal at any time with or
without notice. These materials and the information contained herein supersedes
any and all information contained in any previously furnished computational,
structural and/or collateral terms sheets and shall be superseded by any
subsequently furnished similar materials. These materials and the information
contained herein shall be superseded by a final prospectus and prospectus
supplement and by subsequent summary memoranda. No purchase of any securities
may be made unless and until a final prospectus, prospectus supplement or
similar private placement memorandum has been received by a potential investor
and such investor has complied with all additional related offering
requirements. The contents herein are not to be reproduced without the express
written consent of Donaldson, Lufkin & Jenrette Securities Corporation.
Donaldson, Lufkin & Jenrette Securities Corporation and its affiliates expressly
reserve the right, at their sole discretion, to reject any or all proposals or
expressions of interest in the subject proposed offering and to terminate
discussions with any party at any time with or without notice.
- -------------------------------------------------------------------------------
<PAGE>
Donaldson, Lufkin & Jenrette PRELIMINARY
Donaldson, Lufkin & Jenrette Securities Corporation
277 Park Avenue, New York, New York 10172
- -------------------------------------------------------------------------------
Real Estate Finance Group
- -------------------------------------------------------------------------------
COMMERCIAL MORTGAGE TRADING
- -------------------------------------------------------------------------------
DLJ COMMERCIAL MORTGAGE CORP.
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-CG1
"Column-GECA Conduit I"
Preliminary Structure(1)
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------
| --------------------------------------------------------------------------------------------------------------------- |
| | Servicing Fee | |
| --------------------------------------------------------------------------------------------------------------------- |
| --------------------------------------------------------------------------------------------------------------------- |
| | Class S AAA Public | |
| | | |
| | -------------- | |
| | | --------- | | |
| | ------------ |Public | | | |
| | | --------- | | | | |
| | ------------ |Public | | | ---------------------- | |
| | | --------- | | | | --------- --------- | | |
| | ------------ |Public | | | | | |Private| |Private| ----------------------------| |
| | | --------- | | | | | | | | | | -------- -------- --------| |
| | ------------ |Public | | | | | | | | | | | |Private| |Private| |Private| |
| | | --------- | | | | | | | | | | | | | | | | | | |
| --------- |Public | | | | | | | | | | | | | | | | | | | |
| --------- | | | | | | | | | | | | | | | | | | | | |
| |Public | | | | | | | | | | | | | | | | | | | | | |
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
| | Class | | Class | | Class | | Class | | Class | | Class | | Class | | Class | | Class | | Class | | Class | |
| | A-1A | | A-1B | | A-2 | | A-3 | | B-1 | | B-2 | | B-3 | | B-4 | | B-5 | | B-6 | | C | |
| | | | | | | | | | | | | | | | | | | | | | | |
| | AAA | | AAA | | AA | | A | | BBB | | BBB- | | BB | | BB- | | B | | B- | | NR | |
| --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- |
- -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
Expected ($) (%) (%) Avg Price Aprx
Class S&P/Fitch Balance Balance Sub Life(2) Maturity(2) Talk Index Price Status ERISA
----- --------- ------- ------- --- ------- ---------- ------ ----- ----- ------ -----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
S AAA --- na na 9.8 May-23 --- --- --- Public Yes
A-1A AAA --- --- --- 5.3 Aug-07 --- --- --- Public Yes
A-1B AAA --- --- --- 9.7 May-08 --- --- --- Public Yes
A-2 AA --- --- --- 9.9 May-08 --- --- --- Public No
A-3 A --- --- --- 9.9 Jun-08 --- --- --- Public No
B-1 BBB --- --- --- 10.2 May-10 --- --- --- Public No
B-2 BBB- --- --- --- 12.4 Sep-11 --- --- --- Public No
B-3 BB --- --- --- 14.6 May-13 --- --- --- Private-144A No
B-4 BB- --- --- --- --- --- ****** Not Offered ****** Private-144A No
B-5 B --- --- --- --- --- ****** Not Offered ****** Private-144A No
B-6 B- --- --- --- --- --- ****** Not Offered ****** Private-144A No
C NR --- --- --- --- --- ****** Not Offered ****** Private-144A No
</TABLE>
(1) Subject to change.
(2) Reflects expected average life and maturity. Subject to change based
on final class sizes.
- -------------------------------------------------------------------------------
This investment summary is a computational, structural and/or collateral term
sheet prepared solely for informational purposes. No offer to sell or
solicitation of any offer to purchase securities is being made hereby. This
summary is designed for use by Donaldson, Lufkin & Jenrette Securities
Corporation personnel to assist them in determining whether potential
investors wish to proceed with an in-depth investigation of the proposed
subject offering. While the information contained herein is from sources
believed to be reliable, it has not been independently verified by Donaldson,
Lufkin & Jenrette Securities Corporation or any of its respective affiliates.
Therefore, none of Donaldson, Lufkin & Jenrette Securities Corporation nor any
of its respective affiliates make any representations or warranties with
respect to the information contained herein or as to the appropriateness,
usefulness or completeness of these materials. Any computational information
set forth herein (including without limitation any computations of yields and
weighted average life) is hypothetical and based on certain assumptions
(including without limitation assumptions regarding the rate and timing of
voluntary and involuntary prepayments of the mortgage loan/loans or
assumptions that the mortgage loan/loans will not be prepaid voluntarily or
involuntarily or liquidated). The actual characteristics and performance of
the mortgage loan/loans will differ from such assumptions and such differences
may be material. This document is subject to errors, omissions and changes in
the information and is subject to modification or withdrawal at any time with
or without notice. These materials and the information contained herein
supersedes any and all information contained in any previously furnished
computational, structural and/or collateral terms sheets and shall be
superseded by any subsequently furnished terms sheets. These materials
and the information contained herein shall be superseded by a final prospectus,
prospectus supplement or similar private placement memorandum. No purchase of
any securities may be made unless and until a final prospectus, prospectus
supplement or similar private placement memorandum has been received by a
potential investor and such investor has complied with all additional related
offering requirements. The contents herein are not to be reproduced without
the express written consent of Donaldson, Lufkin & Jenrette Securities
Corporation. Donaldson, Lufkin & Jenrette Securities Corporation and its
affiliates expressly reserve the right, at their sole discretion, to reject
any or all proposals or expressions of interest in the subject proposed
offering and to terminate discussions with any party at any time with or
without notice.
- -------------------------------------------------------------------------------
<PAGE>
Donaldson, Lufkin & Jenrette PRELIMINARY
Donaldson, Lufkin & Jenrette Securities Corporation
277 Park Avenue, New York, New York 10172
- -------------------------------------------------------------------------------
Real Estate Finance Group
- -------------------------------------------------------------------------------
COMMERCIAL MORTGAGE TRADING
- -------------------------------------------------------------------------------
DLJ Commercial Mortgage Corp.
Commercial Mortgage Pass-Through Certificates, Series 1998-CG1
"Column-GECA Conduit I"
- -------------------------------------------------------------------------------
Collateral:(1) The Trust Fund will consist of a pool of 301 fixed-rate,
monthly-pay mortgage loans with an aggregate balance of
approximately $1,572,629,582 as of June 1, 1998 (Cut-Off Date),
which are secured by a first lien on a fee and/or leasehold
interest in a multifamily or commercial property. The properties
are located throughout 34 states and the District of Columbia
with the largest concentrations (by balance) in CA 14.7% (43
loans), NY 11.9% (16 loans) and FL 10.1% (30 loans).
(1) The Preliminary Summary Memorandum is accompanied by a
diskette dated May 28, 1998.
- -------------------------------------------------------------------------------
Mortgage The mortgage loans were originated or acquired primarily
Loan between March 1997 and May 1998 by Column Financial, Inc.(Column)
Originators: and by affiliates of GE Capital Access, Inc. (GECA).
Approximately 52.0% (by balance) of the mortgage loans are being
contributed by GECA and 48.0% (by balance) are being contributed
by Column to the Trust Fund.
Column, an indirect wholly owned subsidiary of Donaldson, Lufkin
& Jenrette, Inc., was created in August 1993. Column has
originated $5.1 Billion commercial mortgage loans since its
inception. Column sources, underwrites and closes mortgage loans
through 10 regional offices located throughout the country.
GECA is a wholly owned subsidiary of General Electric Capital
Corporation (GECC). Since its formation in 1996, GECA, through
its affiliates, has originated or acquired over $1.5 Billion of
commercial mortgage loans. Through its Real Estate division,
GECC has been lending and investing in the commercial real
estate industry for over 25 years and has a portfolio of
approximately $12 Billion of assets. GECC originates and
acquires commercial mortgage loans through approximately 20
offices located throughout North America.
- -------------------------------------------------------------------------------
Servicer: GE Capital Loan Services, Inc. Lead Donaldson, Lufkin &
Manager: Jenrette Securities
Corporation, Sole
Manager
- -------------------------------------------------------------------------------
Special TBD Settlement: June _, 1998
Servicer:
- -------------------------------------------------------------------------------
Rating Standard & Poors Ratings Services Trustee: Norwest Bank
Agencies: Fitch IBCA, Inc. Minnesota, National
Association
- -------------------------------------------------------------------------------
Extensions: The Special Servicer will not be permitted to grant any
extension of the maturity of a mortgage loan beyond 36 months of
such mortgage loan's stated maturity date.
- -------------------------------------------------------------------------------
This investment summary is a computational, structural and/or collateral term
sheet prepared solely for informational purposes. No offer to sell or
solicitation of any offer to purchase securities is being made hereby. This
summary is designed for use by Donaldson, Lufkin & Jenrette Securities
Corporation personnel to assist them in determining whether potential
investors wish to proceed with an in-depth investigation of the proposed
subject offering. While the information contained herein is from sources
believed to be reliable, it has not been independently verified by Donaldson,
Lufkin & Jenrette Securities Corporation or any of its respective affiliates.
Therefore, none of Donaldson, Lufkin & Jenrette Securities Corporation nor any
of its respective affiliates make any representations or warranties with
respect to the information contained herein or as to the appropriateness,
usefulness or completeness of these materials. Any computational information
set forth herein (including without limitation any computations of yields and
weighted average life) is hypothetical and based on certain assumptions
(including without limitation assumptions regarding the rate and timing of
voluntary and involuntary prepayments of the mortgage loan/loans or
assumptions that the mortgage loan/loans will not be prepaid voluntarily or
involuntarily or liquidated). The actual characteristics and performance of
the mortgage loan/loans will differ from such assumptions and such differences
may be material. This document is subject to errors, omissions and changes in
the information and is subject to modification or withdrawal at any time with
or without notice. These materials and the information contained herein
supersedes any and all information contained in any previously furnished
computational, structural and/or collateral terms sheets and shall be
superseded by any subsequently furnished term sheets. These materials
and the information contained herein shall be superseded by a final prospectus,
prospectus supplement or similar private placement memorandum. No purchase of
any securities may be made unless and until a final prospectus, prospectus
supplement or similar private placement memorandum has been received by a
potential investor and such investor has complied with all additional related
offering requirements. The contents herein are not to be reproduced without
the express written consent of Donaldson, Lufkin & Jenrette Securities
Corporation. Donaldson, Lufkin & Jenrette Securities Corporation and its
affiliates expressly reserve the right, at their sole discretion, to reject
any or all proposals or expressions of interest in the subject proposed
offering and to terminate discussions with any party at any time with or
without notice.
- -------------------------------------------------------------------------------
<PAGE>
Donaldson, Lufkin & Jenrette PRELIMINARY
Donaldson, Lufkin & Jenrette Securities Corporation
277 Park Avenue, New York, New York 10172
- -------------------------------------------------------------------------------
Real Estate Finance Group
- -------------------------------------------------------------------------------
COMMERCIAL MORTGAGE TRADING
- -------------------------------------------------------------------------------
DLJ Commercial Mortgage Corp.
Commercial Mortgage Pass-Through Certificates, Series 1998-CG1
"Column-GECA Conduit I"
- -------------------------------------------------------------------------------
Controlling The Controlling Class of Certificateholders may appoint a
Class: Special Servicer and replace the existing Special Servicer.
Controlling Class - will be the most subordinate
class of certificates which has a current
aggregate certificate principal amount greater
than 25% (or in the case of the Class C
certificates, 20%) of its original aggregate
certificate principal balance.
- -------------------------------------------------------------------------------
Advances: Advances subject to recoverability determination and appraisal
reductions.
- -------------------------------------------------------------------------------
- -------------------------------------------------------------------------------
This investment summary is a computational, structural and/or collateral term
sheet prepared solely for informational purposes. No offer to sell or
solicitation of any offer to purchase securities is being made hereby. This
summary is designed for use by Donaldson, Lufkin & Jenrette Securities
Corporation personnel to assist them in determining whether potential
investors wish to proceed with an in-depth investigation of the proposed
subject offering. While the information contained herein is from sources
believed to be reliable, it has not been independently verified by Donaldson,
Lufkin & Jenrette Securities Corporation or any of its respective affiliates.
Therefore, none of Donaldson, Lufkin & Jenrette Securities Corporation nor any
of its respective affiliates make any representations or warranties with
respect to the information contained herein or as to the appropriateness,
usefulness or completeness of these materials. Any computational information
set forth herein (including without limitation any computations of yields and
weighted average life) is hypothetical and based on certain assumptions
(including without limitation assumptions regarding the rate and timing of
voluntary and involuntary prepayments of the mortgage loan/loans or
assumptions that the mortgage loan/loans will not be prepaid voluntarily or
involuntarily or liquidated). The actual characteristics and performance of
the mortgage loan/loans will differ from such assumptions and such differences
may be material. This document is subject to errors, omissions and changes in
the information and is subject to modification or withdrawal at any time with
or without notice. These materials and the information contained herein
supersedes any and all information contained in any previously furnished
computational, structural and/or collateral terms sheets and shall be
superseded by any subsequently furnished terms sheets. These materials
and the information contained herein shall be superseded by a final prospectus,
prospectus supplement or similar private placement memorandum. No purchase of
any securities may be made unless and until a final prospectus, prospectus
supplement or similar private placement memorandum has been received by a
potential investor and such investor has complied with all additional related
offering requirements. The contents herein are not to be reproduced without
the express written consent of Donaldson, Lufkin & Jenrette Securities
Corporation. Donaldson, Lufkin & Jenrette Securities Corporation and its
affiliates expressly reserve the right, at their sole discretion, to reject
any or all proposals or expressions of interest in the subject proposed
offering and to terminate discussions with any party at any time with or
without notice.
- -------------------------------------------------------------------------------
<PAGE>
Donaldson, Lufkin & Jenrette PRELIMINARY
Donaldson, Lufkin & Jenrette Securities Corporation
277 Park Avenue, New York, New York 10172
- -------------------------------------------------------------------------------
Real Estate Finance Group
- -------------------------------------------------------------------------------
COMMERCIAL MORTGAGE TRADING
- -------------------------------------------------------------------------------
DLJ Commercial Mortgage Corp.
Commercial Mortgage Pass-Through Certificates, Series 1998-CG1
"Column-GECA Conduit I"
- -------------------------------------------------------------------------------
Priority of On each distribution date, interest will be distributed to each
Interest: of the classes in the following order of priority:
1. Class S, A-1A and A-1B, pro rata
2. Class A-2
3. Class A-3
4. Class B-1
5. Class B-2
6. Class B-3
7. Class B-4
8. Class B-5
9. Class B-6
10. Class C
- -------------------------------------------------------------------------------
Priority of On each distribution date, principal will be distributed and
Principal: losses will be allocated to each of the classes in the following
order of priority:
Scheduled and Prepayments(1) Losses
------------------------- ------------
1. Class A-1A 1. Class C
2. Class A-1B(2) 2. Class B-6
3. Class A-2 3. Class B-5
4. Class A-3 4. Class B-4
5. Class B-1 5. Class B-3
6. Class B-2 6. Class B-2
7. Class B-3 7. Class B-1
8. Class B-4 8. Class A-3
9. Class B-5 9. Class A-2
10. Class B-6 10. Class A-1A
11. Class C and A-1B, pro rata
(1) None of the following classes will receive any principal
distributions until all classes, if any, listed above it are
retired.
(2) Pro rata with Class A-1A if the balances of Classes A-2
through C are reduced to zero on account of losses.
- -------------------------------------------------------------------------------
This investment summary is a computational, structural and/or collateral term
sheet prepared solely for informational purposes. No offer to sell or
solicitation of any offer to purchase securities is being made hereby. This
summary is designed for use by Donaldson, Lufkin & Jenrette Securities
Corporation personnel to assist them in determining whether potential
investors wish to proceed with an in-depth investigation of the proposed
subject offering. While the information contained herein is from sources
believed to be reliable, it has not been independently verified by Donaldson,
Lufkin & Jenrette Securities Corporation or any of its respective affiliates.
Therefore, none of Donaldson, Lufkin & Jenrette Securities Corporation nor any
of its respective affiliates make any representations or warranties with
respect to the information contained herein or as to the appropriateness,
usefulness or completeness of these materials. Any computational information
set forth herein (including without limitation any computations of yields and
weighted average life) is hypothetical and based on certain assumptions
(including without limitation assumptions regarding the rate and timing of
voluntary and involuntary prepayments of the mortgage loan/loans or
assumptions that the mortgage loan/loans will not be prepaid voluntarily or
involuntarily or liquidated). The actual characteristics and performance of
the mortgage loan/loans will differ from such assumptions and such differences
may be material. This document is subject to errors, omissions and changes in
the information and is subject to modification or withdrawal at any time with
or without notice. These materials and the information contained herein
supersedes any and all information contained in any previously furnished
computational, structural and/or collateral terms sheets and shall be
superseded by any subsequently furnished terms sheets. These materials
and the information contained herein shall be superseded by a final prospectus,
prospectus supplement or similar private placement memorandum. No purchase of
any securities may be made unless and until a final prospectus, prospectus
supplement or similar private placement memorandum has been received by a
potential investor and such investor has complied with all additional related
offering requirements. The contents herein are not to be reproduced without
the express written consent of Donaldson, Lufkin & Jenrette Securities
Corporation. Donaldson, Lufkin & Jenrette Securities Corporation and its
affiliates expressly reserve the right, at their sole discretion, to reject
any or all proposals or expressions of interest in the subject proposed
offering and to terminate discussions with any party at any time with or
without notice.
- -------------------------------------------------------------------------------
<PAGE>
Series 1998-CG1 Collateral Pool Summary
<TABLE>
<CAPTION>
Mortgage Loan Characteristics Mortgaged Properties Characteristics
- ----------------------------- ------------------------------------
<S> <C> <C>
Number of Loans: 301 Wtd. Avg. U/W DSCR: 1.44x
Original Balance: $1,576,500,470 Wtd. Avg. Cut-off Date LTV: 69.9%
Cut-off Date Balance (1): $1,572,629,582 Wtd. Avg. Maturity Date LTV: 55.1%
Average Cut-off Date Balance: $5,224,683
Wtd. Avg. Year Built/Renovated (3): 1989
Number of States (5): 34
Wtd. Avg. Mortgage Rate: 7.217%
Wtd. Avg. Original Amort Term (Months): 336
Wtd. Avg. Original Balloon Term (Months): 135
Wtd. Avg. Seasoning (Months): 3
</TABLE>
Top 5 States/Property Types:
<TABLE>
<CAPTION>
Percentage of Percentage of
Number Cut-off Date Cut-off Date Number Cut-off Date Cut-off Date
# State of Loans Balance (1) Balance # Property Type of Loans Balance(1) Balance
- --------------------------------------------------------------- ---------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 California 43 $ 230,940,230 14.7% 1 Multifamily 104 $605,330,939 38.5%
2 New York 16 186,659,066 11.9% 2 Retail 94 407,160,496 25.9%
3 Florida 30 159,524,501 10.1% 3 Hotel 32 183,584,883 11.7%
4 Texas 36 121,179,828 7.7% 4 Office 25 181,444,054 11.5%
5 Georgia 16 95,976,259 6.1% 5 Industrial 10 78,458,569 5.0%
--------------------------------------- ------------------------------------------
Total/
Weighted Average: 141 $ 794,279,884 50.5% 265 $1,455,978,941 92.6%
======================================= ==========================================
</TABLE>
Top 5 Mortgage Loans:
<TABLE>
<CAPTION>
Percentage
of
Property Cut-off Date Cut-off Date Appraised Cut-off Date Year Built/
# Property Name Type State Balance (1) Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 The Rivergate Multifamily NY $94,602,208 6.0% $151,800,000 62.3% $12,909,422 1.71 x 1985
2 Raritan Plaza I (4) Office NJ 27,484,832 1.7% 37,000,000 74.3% 2,932,602 1.28 1985
3 Raritan Center
Industrial
Portfolio (4)Industrial NJ 24,486,486 1.6% 34,120,000 71.8% 2,490,405 1.22 1986
4 Resurgens Plaza Office GA 32,859,589 2.1% 72,000,000 45.6% 5,342,566 2.10 1988
5 The Camargue Multifamily NY 29,900,164 1.9% 44,700,000 66.9% 3,508,202 1.38 1979
--------------------------------------------------------------------------------------------
Total/Weighted
Average: $209,333,279 13.3% $339,620,000 63.0% $27,183,197 1.61 x 1985
============================================================================================
</TABLE>
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated denotes the later of the Year Built or the Year
Renovated.
(4) The Mortgage Loans secured by Raritan Plaza I and Raritan Center
Industrial Portfolio, respectively, are cross-collateralized and
cross-defaulted.
(5) Includes the District of Columbia.
<PAGE>
Mortgage Loans by State
<TABLE>
<CAPTION>
Weighted Weighted
Aggregate Percentage of Aggregate Average Weighted Average
Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
State of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
California 43 $230,940,230 14.7% $339,792,000 68.8% $26,861,274 1.37 x 1986
New York 16 186,659,066 11.9% 283,315,000 66.4% 23,857,499 1.53 1987
Florida 30 159,524,501 10.1% 225,290,000 71.8% 20,231,312 1.49 1991
Texas 36 121,179,828 7.7% 171,257,000 72.2% 14,532,252 1.42 1990
Georgia 16 95,976,259 6.1% 155,840,000 65.4% 12,418,745 1.61 1990
Illinois 9 73,914,517 4.7% 98,200,000 75.4% 8,163,844 1.35 1990
Maryland 11 70,824,213 4.5% 111,800,000 66.1% 9,696,253 1.62 1987
New Jersey 5 69,116,116 4.4% 96,920,000 71.9% 7,544,610 1.30 1987
Pennsylvania 5 48,221,288 3.1% 67,100,000 72.3% 5,818,805 1.45 1993
Arizona 8 46,024,923 2.9% 65,505,000 70.8% 5,379,324 1.40 1993
Massachusetts 9 42,309,067 2.7% 65,050,000 67.0% 5,211,835 1.45 1986
Michigan 9 38,352,819 2.4% 51,180,000 75.3% 4,404,217 1.36 1985
Alabama 9 36,877,661 2.3% 52,210,000 72.4% 4,607,254 1.47 1993
Washington 14 35,455,503 2.3% 52,255,000 69.0% 4,089,733 1.38 1985
Minnesota 7 35,245,400 2.2% 50,615,000 70.0% 4,363,991 1.50 1985
North Carolina 9 34,057,441 2.2% 50,650,000 69.7% 4,196,934 1.44 1988
Arkansas 5 27,016,795 1.7% 39,950,000 68.1% 3,017,112 1.30 1994
Colorado 6 26,812,366 1.7% 37,275,000 72.5% 3,080,440 1.33 1994
Virginia 8 26,773,248 1.7% 35,610,000 75.5% 3,039,463 1.33 1986
Ohio 4 26,744,927 1.7% 39,155,000 70.0% 3,334,858 1.39 1986
Oregon 8 26,002,830 1.7% 39,205,000 66.9% 2,905,067 1.35 1990
Mississippi 6 23,418,399 1.5% 30,975,000 75.7% 2,641,941 1.32 1992
South Carolina 6 19,125,858 1.2% 24,445,000 78.3% 2,084,784 1.33 1994
District of Columbia 1 17,899,848 1.1% 39,500,000 45.3% 2,265,082 1.42 1995
Indiana 3 12,442,622 0.8% 16,230,000 76.7% 1,407,708 1.36 1997
Nevada 2 8,441,339 0.5% 12,550,000 68.1% 978,128 1.37 1988
New Mexico 3 8,085,813 0.5% 10,520,000 76.9% 932,539 1.37 1995
Tennessee 3 5,429,885 0.3% 7,360,000 74.1% 642,007 1.36 1993
Connecticut 3 5,196,451 0.3% 8,000,000 65.9% 638,449 1.39 1976
Louisiana 1 4,792,990 0.3% 6,000,000 79.9% 532,345 1.39 1997
Missouri 2 3,547,046 0.2% 4,550,000 78.0% 414,210 1.46 1977
Idaho 2 3,270,959 0.2% 4,915,000 66.6% 398,926 1.41 1977
Utah 1 1,991,511 0.1% 3,800,000 52.4% 322,608 1.83 1989
Maine 1 957,863 0.1% 1,200,000 79.8% 109,569 1.33 1942
----------------------------------------------------------------------------------------------------------
Total/Weighted
Average: 301 1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44 x 1989
===========================================================================================================
</TABLE>
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Mortgage Loans by Property Type
<TABLE>
<CAPTION>
Weighted Weighted
Aggregate Percentage of Aggregate Average Weighted Average
Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Property Type of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- ----------------- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Multifamily 104 $605,330,939 38.5% $845,604,000 72.3% $68,854,900 1.40 x 1988
Retail 94 407,160,496 25.9% 566,795,000 72.7% 48,412,938 1.38 1991
Hotel 32 183,584,883 11.7% 311,650,000 60.5% 26,497,857 1.64 1994
Office 25 181,444,054 11.5% 284,135,000 65.9% 22,140,032 1.48 1988
Industrial 10 78,458,569 5.0% 113,495,000 69.7% 9,132,156 1.39 1987
Mobile Home Park 19 63,396,480 4.0% 91,880,000 70.6% 7,628,928 1.43 1979
Self Storage 10 20,283,895 1.3% 33,275,000 64.3% 2,930,870 1.60 1990
Mixed Use 4 17,097,760 1.1% 27,275,000 64.7% 1,984,601 1.40 1977
Convenience Store 2 10,683,255 0.7% 16,450,000 65.0% 1,882,585 1.63 1983
Healthcare 1 5,189,251 0.3% 7,660,000 67.7% 658,251 1.42 1973
-------------------------------------------------------------------------------------------------------------
Total/Weighted
Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44 x 1989
=============================================================================================================
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Underwriting Debt Service Coverage Ratios
</TABLE>
<TABLE>
<CAPTION>
Percentage
of Weighted Weighted
Aggregate Initial Aggregate Average Weighted Average
Range of Number Cut-Off Date Pool Appraised Cut-off Date Aggregate Average Year Built/
U/W DSCRs of Loans Balance (1) Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1.200 - 1.290 65 $ 391,258,896 24.9% $ 528,977,000 74.4% $ 41,833,848 1.26 x 1989
1.300 - 1.390 108 538,518,156 34.2% 734,834,000 73.8% 59,971,541 1.34 1989
1.400 - 1.490 61 237,636,511 15.1% 354,758,000 68.5% 28,875,917 1.43 1990
1.500 - 1.590 32 125,118,102 8.0% 190,370,000 66.5% 16,716,036 1.54 1990
1.600 - 1.690 9 51,546,654 3.3% 81,550,000 64.6% 7,137,270 1.64 1985
1.700 - 1.790 8 121,405,822 7.7% 195,550,000 62.3% 16,727,985 1.72 1987
1.800 - 1.890 6 36,582,618 2.3% 60,850,000 60.9% 5,835,343 1.83 1990
1.900 - 1.990 1 1,987,631 0.1% 5,000,000 39.8% 413,919 1.93 1993
2.000 - 2.690 x 11 68,575,193 4.4% 146,330,000 47.3% 12,611,260 2.19 1988
-----------------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44 x 1989
===========================================================================================================
</TABLE>
Maximum Underwriting DSCR: 2.69x
Minimum Underwriting DSCR: 1.20x
Wtd. Avg. Underwriting DSCR: 1.44x
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement
Reserves, U/W LC's and TI's and FF&E. `
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
Cut-off Date Loan-to-Value Ratios
<TABLE>
<CAPTION>
Weighted Weighted
Range of Aggregate Percentage of Aggregate Average Weighted Average
Cut-off Date Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
LTV Ratios of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- ------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
30.00% - 49.99% 15 $ 87,738,440 5.6% $ 193,330,000 45.5% $ 14,504,860 1.94 x 1989
50.00% - 59.99% 27 90,599,432 5.8% 163,940,000 55.4% 13,044,475 1.61 1992
60.00% - 69.99% 81 504,582,412 32.1% 770,695,000 65.6% 64,199,712 1.50 1988
70.00% - 74.99% 77 384,203,850 24.4% 525,600,000 73.1% 43,603,134 1.35 1988
75.00% - 79.99% 93 464,709,854 29.5% 594,279,000 78.2% 50,550,934 1.33 1990
80.00% - 81.79% 8 40,795,594 2.6% 50,375,000 81.0% 4,220,003 1.27 1991
------------------------------------------------------------------------------------------------------------
Total/Weighted
Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $ 190,123,118 1.44 x 1989
============================================================================================================
</TABLE>
Maximum Cut-off Date LTV Ratio: 81.7%
Minimum Cut-off Date LTV Ratio: 32.6%
Wtd. Avg. Cut-off Date LTV Ratio: 69.9%
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Mortgage Rates
<TABLE>
<CAPTION>
Percentage
of Weighted Weighted
Aggregate Initial Aggregate Average Weighted Average
Range of Number Cut-Off Date Pool Appraised Cut-off Date Aggregate Average Year Built/
Mortgage Rates of Loans Balance (1) Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated(3)
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
6.500% - 6.999% 54 $ 413,752,806 26.3% $ 613,650,000 69.2% $ 49,437,508 1.50x 1988
7.000% - 7.249% 86 470,828,560 29.9% 675,112,000 71.0% 57,395,530 1.47 1989
7.250% - 7.499% 104 458,161,839 29.1% 654,007,000 71.1% 53,533,363 1.36 1989
7.500% - 7.749% 44 185,678,297 11.8% 292,680,000 65.3% 23,847,475 1.41 1990
7.750% - 7.999% 9 22,712,130 1.4% 30,890,000 73.7% 2,617,537 1.31 1993
8.000% - 8.499% 1 1,465,568 0.1% 2,730,000 53.7% 248,903 1.24 1996
8.500% - 8.860% 3 20,030,383 1.3% 29,150,000 69.0% 3,042,801 1.47 1990
-------------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $ 190,123,118 1.44x 1989
=======================================================================================================
</TABLE>
Maximum Mortgage Rate: 8.860% per annum
Minimum Mortgage Rate: 6.650% per annum
Wtd. Avg. Mortgage Rate: 7.217% per annum
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
Cut-off Date Balances
<TABLE>
<CAPTION>
Weighted Weighted
Range of Aggregate Percentage of Aggregate Average Weighted Average
Cut-off Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Date Balances of Loans Balance(1) Pool Balance Value LTV Ratio U/W NCF(2) U/W DSCR Renovated(3)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
$ 500,000- 1,499,999 35 $ 41,950,524 2.7% $ 65,540,000 66.5% $ 5,504,896 1.49x 1986
1,500,000- 2,499,999 71 141,164,974 9.0% 208,169,000 69.4% 17,350,818 1.41 1988
2,500,000- 3,499,999 52 152,092,104 9.7% 219,173,000 70.7% 18,735,608 1.42 1990
3,500,000- 4,499,999 40 159,767,909 10.2% 228,170,000 71.3% 19,165,047 1.43 1991
4,500,000- 5,499,999 21 104,671,288 6.7% 150,130,000 70.5% 12,837,875 1.42 1993
5,500,000- 6,499,999 14 84,313,793 5.4% 119,977,000 71.9% 9,851,770 1.41 1989
6,500,000- 7,499,999 19 131,759,545 8.4% 181,965,000 72.9% 15,729,093 1.44 1989
7,500,000- 9,999,999 17 150,148,521 9.5% 217,935,000 70.3% 19,355,007 1.49 1987
10,000,000- 14,999,999 16 192,493,809 12.2% 263,840,000 73.7% 21,127,644 1.31 1987
15,000,000- 24,999,999 12 229,420,324 14.6% 337,820,000 69.3% 25,772,568 1.37 1992
25,000,000- 39,999,999 3 90,244,585 5.7% 153,700,000 61.5% 11,783,370 1.61 1984
40,000,000-$95,999,999 1 94,602,208 6.0% 151,800,000 62.3% 12,909,422 1.71 1985
---------------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $ 190,123,118 1.44x 1989
=========================================================================================================
</TABLE>
Maximum Cut-off Date Balance: $ 94,602,208
Minimum Cut-off Date Balance: $ 573,043
Average Cut-off Date Balance: $ 5,224,683
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Original Amortization Terms
<TABLE>
<CAPTION>
Range of Weighted Weighted
Original Aggregate Percentage of Aggregate Average Weighted Average
Amortization Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Terms (Months) of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
144 - 216 14 $ 39,286,146 2.5% $ 67,715,000 60.3% $ 6,360,360 1.46x 1995
240 - 264 16 56,187,932 3.6% 88,260,000 65.3% 8,059,656 1.48 1984
300 - 312 91 380,180,650 24.2% 596,844,000 65.3% 50,322,842 1.51 1989
313 - 360 180 1,096,974,854 69.8% 1,545,400,000 72.0% 125,380,260 1.41 1989
---------------------------------------------------------------------------------------------------------------
Total/Weighted
Average: 301 $ 1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44 x 1989
===============================================================================================================
</TABLE>
Maximum Original Amortization Term (Months): 360
Minimum Original Amortization Term (Months): 144
Wtd. Avg. Original Amortization Term (Months): 336
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
Original Terms to Stated Maturity (1)
<TABLE>
<CAPTION>
Weighted Weighted
Range of Aggregate Percentage of Aggregate Average Weighted Average
Original Terms Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
to Maturity (Months) of Loans Balance (2) Pool Balance Value LTV Ratio U/W NCF (3) U/W DSCR Renovated (4)
- --------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
60 - 108 9 $ 35,727,738 2.3% $ 50,480,000 72.1% $ 4,385,827 1.45x 1980
109 - 120 243 1,271,274,985 80.8% 1,857,784,000 70.0% 153,093,533 1.45 1989
121 168 3 9,505,977 0.6% 13,480,000 71.6% 1,139,103 1.34 1989
169 - 300 46 256,120,881 16.3% 376,475,000 69.0% 31,504,654 1.38 1989
----------------------------------------------------------------------------------------------------------
Total/Weighted
Average: 301 $ 1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44x 1989
==========================================================================================================
</TABLE>
Maximum Original Term to Maturity (Months): 300
Minimum Original Term to Maturity (Months): 60
Wtd. Avg. Original Term to Maturity (Months): 135
(1) In the case of the Anticipated Repayment Date loans, the Anticipated
Repayment Date is assumed to be the maturity date for the purposes of the
table.
(2) Assumes a Cut-off Date of June 1, 1998.
(3) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(4) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Remaining Amortization Terms
<TABLE>
<CAPTION>
Weighted Weighted
Aggregate Percentage of Aggregate Average Weighted Average
Range of Remaining Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Amort. Terms (Months) of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
120 - 179 11 $ 30,026,280 1.9% $ 52,820,000 58.6% $4,955,136 1.46x 1994
180 - 239 15 56,313,381 3.6% 90,005,000 64.7% 8,180,854 1.48 1985
240 - 275 4 9,134,417 0.6% 13,150,000 69.8% 1,284,026 1.46 1990
276 - 299 77 335,135,650 21.3% 529,495,000 64.9% 44,747,209 1.52 1989
300 - 335 19 76,719,522 4.9% 108,549,000 72.0% 8,833,815 1.34 1992
336 - 347 1 9,347,127 0.6% 12,700,000 73.6% 1,160,216 1.29 1997
348 - 360 174 1,055,953,205 67.1% 1,491,500,000 71.8% 120,961,862 1.42 1989
----------------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44x 1989
==========================================================================================================
</TABLE>
Maximum Remaining Amortization Term (Months): 360
Minimum Remaining Amortization Term (Months): 143
Wtd. Avg. Remaining Amortization Term (Months): 334
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
Remaining Terms to Stated Maturity (1)
<TABLE>
<CAPTION>
Weighted Weighted
Range of Remaining Terms Aggregate Percentage of Aggregate Average Weighted Average
to Stated Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Maturity (Months) of Loans Balance (2) Pool Balance Value LTV Ratio U/W NCF (3) U/W DSCR Renovated (4)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
48 - 83 9 $ 35,727,738 2.3% $ 50,480,000 72.1% $ 4,385,827 1.45x 1980
84 - 119 211 1,146,184,985 72.9% 1,686,704,000 69.5% 139,009,420 1.46 1989
120 - 155 35 134,595,977 8.6% 184,560,000 73.8% 15,223,216 1.36 1992
156 - 179 24 135,638,391 8.6% 200,310,000 68.7% 16,798,344 1.40 1992
180 - 300 22 120,482,490 7.7% 176,165,000 69.3% 14,706,310 1.36 1985
----------------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44x 1989
==========================================================================================================
</TABLE>
Maximum Remaining Term to Maturity (Months): 299
Minimum Remaining Term to Maturity (Months): 55
Wtd. Avg. Remaining Term to Maturity (Months): 132
(1) In the case of the Anticipated Repayment Date loans, the Anticipated
Repayment Date is assumed to be the maturity date for the purposes of the
table.
(2) Assumes a Cut-off Date of June 1, 1998.
(3) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
(4) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Years Built/Years Renovated (1)
<TABLE>
<CAPTION>
Weighted Weighted
Range of Aggregate Percentage of Aggregate Average Weighted Average
Years Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Built/Renovated of Loans Balance(2) Pool Balance Value LTV Ratio U/W NCF (3) U/W DSCR Renovated (1)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1940 -- 1950 1 $ 957,863 0.1% $ 1,200,000 79.8% $ 109,569 1.33 x 1942
1951 -- 1960 2 11,067,911 0.7% 15,275,000 72.5% 1,452,158 1.59 1960
1961 -- 1970 12 55,612,086 3.5% 77,585,000 72.7% 6,658,077 1.41 1967
1971 -- 1980 32 156,352,910 9.9% 224,105,000 70.7% 18,758,196 1.41 1977
1981 -- 1990 99 591,499,278 37.6% 893,249,000 67.9% 72,988,131 1.49 1986
1991 -- 1998 155 757,139,535 48.1% 1,086,805,000 71.0% 90,156,987 1.40 1996
-----------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $ 190,123,118 1.44 x 1989
=====================================================================================================
</TABLE>
Most Recent Year Built/Renovated: 1998
Oldest Year Built/Renovated: 1942
Wtd. Avg. Year Built/Renovated: 1989
(1) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
(2) Assumes a Cut-off Date of June 1, 1998.
(3) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves, U/W
LC's and TI's and FF&E.
Occupancy Rates at Underwriting (1)
<TABLE>
<CAPTION>
Weighted Weighted
Range of Aggregate Percentage of Aggregate Average Weighted Average
Years Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Built/Renovated of Loans Balance(2) Pool Balance Value LTV Ratio U/W NCF (3) U/W DSCR Renovated (4)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
60.0% -- 69.9% 1 $ 1,743,781 0.1% $ 3,850,000 45.3% $ 295,754 1.79 x 1992
70.0% -- 79.9% 4 8,055,382 0.5% 11,690,000 69.1% 962,425 1.36 1981
80.0% -- 89.9% 23 67,288,120 4.3% 99,315,000 69.9% 7,943,672 1.39 1990
90.0% -- 100.0% 241 1,311,957,416 83.4% 1,871,714,000 71.2% 154,423,410 1.41 1988
-----------------------------------------------------------------------------------------------------
Total/Weighted Average: 269 $1,389,044,699 88.3% $1,986,569,000 71.1% $ 163,625,261 1.41 x 1988
=====================================================================================================
</TABLE>
Maximum Occupancy Rate at Underwriting: 100.0%
Minimum Occupancy Rate at Underwriting: 67.0%
Wtd. Avg. Occupancy Rate at Underwriting: 96.4%
(1) Does not include any Mortgage Loans secured by hotel properties.
(2) Assumes a Cut-off Date of June 1, 1998.
(3) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves, U/W
LC's and TI's and FF&E.
(4) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Mortgage Loan Originator
<TABLE>
<CAPTION>
Weighted Weighted
Aggregate Percentage of Aggregate Average Weighted Average
Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Mortgage Loan Originator of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
GE Capital Access 117 $ 818,207,060 52.0% $1,202,602,000 69.6% $ 97,988,158 1.45x 1988
Column 184 754,422,522 48.0% 1,095,617,000 70.1% 92,134,960 1.42 1989
--------------------------------------------------------------------------------------------------------
Total or Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $190,123,118 1.44x 1989
========================================================================================================
</TABLE>
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves and
U/W LC's and TI's.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
Prepayment Option
<TABLE>
<CAPTION>
Weighted Weighted
Aggregate Percentage of Aggregate Average Weighted Average
Number Cut-off Date Initial Appraised Cut-off Date Aggregate Average Year Built/
Prepayment Option of Loans Balance (1) Pool Balance Value LTV Ratio U/W NCF (2) U/W DSCR Renovated (3)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Defeasance 206 $1,127,844,876 71.7% $1,674,867,000 68.9% $ 138,969,390 1.46 x 1989
Yield Maintenance 88 379,571,334 24.1% 532,625,000 72.4% 44,192,843 1.38 1989
Prepayment Penalty 7 65,213,372 4.1% 90,727,000 72.2% 6,960,886 1.35 1983
-------------------------------------------------------------------------------------------------------
Total/Weighted Average: 301 $1,572,629,582 100.0% $2,298,219,000 69.9% $ 190,123,118 1.44 x 1989
=======================================================================================================
</TABLE>
(1) Assumes a Cut-off Date of June 1, 1998.
(2) Underwriting NCF reflects Net Cash Flow after U/W Replacement Reserves and
U/W LC's and TI's.
(3) Year Built/Renovated reflects the later of the Year Built or the Year
Renovated.
<PAGE>
Prepayment Provisions
<TABLE>
<CAPTION>
Weighted Weighted
Weighted Average Average Weighted
Average Remaining Remaining Average
Aggregate Percentage of Remaining Lockout & Prepayment Remaining Term
Remaining Term Number Cut-Off Date Initial Lockout YM Restriction to Maturity
to Maturity (Years) (1) of Loans Balance (2) Pool Balance (Years) (Years) (Years) (Years)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
4.0 -- 4.9 3 9,403,984 0.6% 2.8 3.4 4.5 4.8
6.0 -- 6.9 6 26,323,755 1.7% 3.6 5.8 5.8 6.6
8.0 -- 8.9 1 9,347,127 0.6% 3.8 8.3 8.3 8.8
9.0 -- 9.9 210 1,136,837,858 72.3% 7.6 8.9 9.3 9.8
10.0 -- 10.9 32 125,090,000 8.0% 8.7 9.6 9.6 10.0
11.0 -- 11.9 3 9,505,977 0.6% 4.1 11.6 11.6 11.9
14.0 -- 14.9 24 135,638,391 8.6% 12.1 14.2 14.2 14.8
15.0 -- 15.9 5 20,282,000 1.3% 10.5 14.7 14.7 15.0
17.0 -- 17.9 2 6,459,865 0.4% 17.3 17.3 17.3 17.8
19.0 -- 19.9 5 24,735,227 1.6% 15.3 19.2 19.2 19.9
20.0 -- 20.9 3 11,825,000 0.8% 14.1 19.6 19.6 20.0
24.0 -- 24.9 7 57,180,398 3.6% 20.7 24.5 24.5 24.8
-------------------------------------------------------------------------------------------------
Total or Weighted Average: 301 1,572,629,582 100.0% 8.7 10.3 10.6 11.0
=================================================================================================
</TABLE>
(1) In the case of the Anticipated Repayment Date loans, the Anticipated
Repayment Date is assumed to be the maturity date for the purposes of the
table.
(2) Assumes a Cut-off Date of June 1, 1998.
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
1 The Rivergate Manhattan Skyline Management Corp 401 E. 34th Street
2 Raritan Plaza I (1A) SAI Management, Inc. 100 Fieldcrest Avenue
3 Raritan Center Industrial Portfolio (1A) SAI Management, Inc. Various Locations w/Raritan Center
4 Resurgens Plaza Insignia Financial Group, Inc. 945 East Paces Ferry Road
5 The Camargue BLDG Management Co., Inc. 303 E. 83rd Street
6 Casa Arroyo Apartments Owner Managed 405 Rancho Arroyo Parkway
7 Ballena Village Apartments Sequoia Equities 1375 Ballena Boulevard
8 Holiday Inn - Jacksonville Airport (1B) Mississippi Management, Inc. 14670 Duval Raod
9 Courtyard by Marriott (1B) Mississippi Management, Inc. 14668 Duval Road
10 Magnolia Lake Apartments Lane Company 2401 Windy Hill Road
11 Park Terrace Summit Properties 7400 Sugar Bend Drive
12 Autumn Chase Apartments First Realty Corp. 725 Bode Circle
13 Embassy Square Suites Auger Management 2000 N Street, N.W.
14 101 Commerce Drive American Real Estate Partners, L.P. 101 Commerce Drive
15 Courtyard by Marriott - Pensacola (1C) Larry Blumberg & Associates, Inc. 451 Creighton Road
16 Courtyard by Marriott - Tuscaloosa (1C) Larry Blumberg & Associates, Inc. 4115 Courtney Drive
17 Fairfield Inn - Pensacola (1C) Larry Blumberg & Associates, Inc. 7325 North Davis Highway
18 Fairfield Inn - Birmingham (1C) Larry Blumberg & Associates, Inc. 707 Key Drive
19 Fairfield Inn - Tuscaloosa (1C) Larry Blumberg & Associates, Inc. 4101 Courtney Drive
20 Doctors Medical Complex Little Rock Medical Associates, Ltd. Various
21 Chandler Place Apartments Magellan Property Management 2222 N. McQueen Road
22 Summer Cove Apartments (2) Realty Management Corp. 7887 North Lockwood Ridge Road
23 Lake & Racquet Apartments Owner Managed 6165 East Cliff Avenue
24 Stone Ends Apartments Keith Properties, Inc. 55 Wheeler Circle
25 Canyon Club Apartments Wasatch Property Management, Inc. 420 Activity Way
26 BLN Office Park II LaSalle Management Group,LTD 2051 Killebrew Drive
27 Royal Plaza Hotel - Marlborough (1D) AJL Marlborough, Inc. 181 Boston Post Road
28 Royal Plaza Hotel - Fitchburg (1D) AJL Fitchburg, Inc. 150 Royal Plaza Drive
29 Hannaford Plaza AKA Rotterdam Mall Southern Realty Mgt. Co. 1400 Altomount Ave.
30 Highland Pavilion Shopping Center (1E) Schlosser Development 6700 Middle Fiskville Rd.
31 Highland Pavilion Cinema (1E) Schlosser Development 6700 Middle Fiskville Rd.
32 Plumtree-MI Hall Management 229 Parkwood Drive
33 Ventura Libbit Building Gilbert Associates, Inc. 16311 Ventura Boulevard
34 Carroll Park Industrial Center Carroll Industrial Development Group, LLC 1900 - 2100 Washington Blvd
35 Randall Lane, Park Place I & II Southern Management Corporation 3700-3900 Seven Mile Lane
36 Town & Country Shopping Center Town & Country Group SWC MacArthur Drive & Outer Park Dr
37 Plaza Mobile Village Mobile Community Management 3101 South Fairview
38 Golden Triangle Shopping Center Brentway Management LLC 1460 Lititz Pike
39 Jasper Mall Shopping Center Aronov Realty Management, Inc. 300 U. S. Highway #78
40 Lincoln Village Shopping Center S.C. Commercial Management 6406 North Interstate Highway 35
41 Dominick's Food Store & Multi-Tenant Retail Stirling Hospitality, Inc. 111, 261-289 N. Randall Road
42 Suncrest Plaza Shopping Center Roberts Management & Development Co. 8141-8182 Sunset Boulevard
43 Fabyan Crossing Shopping Center Industrial Building and Development Co. 1900 - 2000 S Randall Road
44 Forest Glen Apartments Continental American Partners, Ltd. 493 Beaumont Glen
45 Legacy Drive Village Shopping Center Cencor Realty Services Inc. 7000-7224 Independence Parkway
46 Friendly Village MHC The Choice Group 27696 Oregon Road
47 Breckenridge Apartments Graywood Properties 1699 Shanley Drive
48 Days Inn - Inner Harbor Beck Summit Hotel Managemet Group 100 Hopkins Place
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
1 The Rivergate New York City Manhattan NY 10016
2 Raritan Plaza I (1A) Edison Township Middlesex NJ 08818
3 Raritan Center Industrial Portfolio (1A) Edison Middlesex NJ 08818
4 Resurgens Plaza Atlanta Fulton GA 30303
5 The Camargue New York City Manhattan NY 10028
6 Casa Arroyo Apartments Fremont Alameda County CA 94536
7 Ballena Village Apartments Alameda Alameda CA 94501
8 Holiday Inn - Jacksonville Airport (1B) Jacksonville Duval FL 32218
9 Courtyard by Marriott (1B) Jacksonville Duval FL 32218
10 Magnolia Lake Apartments Marietta Cobb GA 30067
11 Park Terrace Orlando Orange FL 32819
12 Autumn Chase Apartments Hoffman Estates Cook IL 60194
13 Embassy Square Suites Washington District of Columbia DC 20036
14 101 Commerce Drive Silver Spring Cumberland PA 17055
15 Courtyard by Marriott - Pensacola (1C) Pensacola Escambia FL 32504
16 Courtyard by Marriott - Tuscaloosa (1C) Tuscaloosa Tuscaloosa AL 35405
17 Fairfield Inn - Pensacola (1C) Pensacola Escambia FL 32504
18 Fairfield Inn - Birmingham (1C) Birmingham Shelby AL 35242
19 Fairfield Inn - Tuscaloosa (1C) Tuscaloosa Tuscaloosa AL 35405
20 Doctors Medical Complex Little Rock Pulaski AR 72205
21 Chandler Place Apartments Chandler Maricopa AZ 85225
22 Summer Cove Apartments (2) Sarasota Manitee FL 34243
23 Lake & Racquet Apartments Denver Eagle CO 80222
24 Stone Ends Apartments Stoughton Norfolk MA 02072
25 Canyon Club Apartments Oceanside San Diego CA 92054
26 BLN Office Park II Bloomington Hennepin MN 55425
27 Royal Plaza Hotel - Marlborough (1D) Marlborough Middlesex MA 01752
28 Royal Plaza Hotel - Fitchburg (1D) Fitchburg Worcester MA 01420
29 Hannaford Plaza AKA Rotterdam Mall Rotterdam Schenectady NY 12303
30 Highland Pavilion Shopping Center (1E) Austin Travis TX 78752
31 Highland Pavilion Cinema (1E) Austin Travis TX 78752
32 Plumtree-MI Lansing Eaton MI 48917
33 Ventura Libbit Building Encino Los Angeles CA 91436
34 Carroll Park Industrial Center Baltimore Baltimore MD 21230
35 Randall Lane, Park Place I & II Baltimore Baltimore MD 21208
36 Town & Country Shopping Center Springfield Sangamon IL 62704
37 Plaza Mobile Village Santa Ana Orange County CA 92704
38 Golden Triangle Shopping Center Manheim Township Lancaster PA 17601
39 Jasper Mall Shopping Center Jasper Walker County AL 35501
40 Lincoln Village Shopping Center Austin Travis TX 78752
41 Dominick's Food Store & Multi-Tenant Retail Lake in the Hills McHenry IL 60102
42 Suncrest Plaza Shopping Center Los Angeles Los Angeles CA 90046
43 Fabyan Crossing Shopping Center Geneva Kane IL 60134
44 Forest Glen Apartments Escondido San Diego CA 92026
45 Legacy Drive Village Shopping Center Plano Collin TX 75025
46 Friendly Village MHC Perrysburg Township Wood County OH 45551
47 Breckenridge Apartments Columbus Franklin OH 43224
48 Days Inn - Inner Harbor Baltimore Baltimore MD 21201
</TABLE>
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
49 Richmond/Berkeley Marriott Courtyards Pacific Hotel Management, LLC 3150 Garrity Way
50 RUN IN Food Store Portfolio (3) RUN IN Food Stores, Inc. Various Addresses
51 Barnes Crossing Ashley Company 4300 Mall Drive
52 Elmwood Regal Center Benderson Development Co. 1963-2023 Elmwood Avenue
53 520 Franklin Avenue Medical Building Ray Polley Management, Inc. 520 Franklin Avenue
54 Holiday Inn & Suites @ Parsippany Reisman Management Services, Inc. 707 Route 46 East
55 Aspen Ridge Apartments Quantum Residential Property Management 13719 SE 18th Street
56 Parkway Towers Apartments Mid America Management, Corp. 7171 W Gunniso Street
57 BLN Office Park I LaSalle Management Group,LTD 2001 Killebrew Drive
58 Garden Plaza Shopping Center Latco Property Management Inc. 217 and 219 Gutierrez Street
59 One Phillips Drive American Real Estate Partners, L.P. 1 Phillips Drive
60 Comfort Inn - Hollywood Stirling Hotel Management, Inc. 2520 Stirling Road
61 Ideal Professional Park Paragano Associates LLC 2333 Morris Avenue
62 Cypress Pointe Apartments Guardian Management, Inc. 4861 College Acres Drive
63 The Shops at Lionville Station Metropolitan Mgmt Co 447-511 East Uwchlan Avenue
64 Cabot Lodge - Gainesville Mississippi Management, Inc. 3726 SW 40th Boulevard
65 Hampton Inn & Suites Stirling Hospitality, Inc. 2500 Stirling Road
66 Mercado Del Rancho Shopping Center Westwood Financial Corp. 10315 North 92nd Street
67 Bancroft Hall Apartments Great Atlantic Management Company 1870 Enterprise Court
68 Padonia Commerce Building Hill Management 9603 Deereco Road
69 Anaheim Shores Estates Newport Pacific Capital Company 1919 Coronet Avenue
70 Tower Square Shopping Center M & J Wilkow, Ltd. 566-582 Prairie Center Drive
71 West Garrett Place Hyatt Real Estate 275 West Street
72 Elmonica Court Apartments Randall Realty Corporation 1248 S.W. Kiley Way
73 Chesterfield Commons Richard Canvasser 34720-35000 23 Mile Road
74 Plum Tree Apartments Sequoia Equities 1097 Maywood Court
75 Meadow Central Market Cencor Realty Services 10455 North Central Expressway
76 Mount Kisco Square Shopping Center Mosbacher Properties Group, LLC 360 North Bedford Road
77 Las Brisas Apartments Wasatch Property Management, Inc 150 - 210 Chambers Street
78 Freedom Village Shopping Center DeChiaro Properties Liberty Rd. & Georgetown Blvd.
79 Waldan Pond & Waldan Chase Apts Waldan Properties, Inc 450 Waldan Circle & 150 Dupree Road
80 Aspen Park Apartments Wasatch Properties 5152 Mack Road
81 Young Circle Shopping Center CF Properties Corp. 1701 - 1735 East Young Circle
82 Sherwood Knoll Comfort Inn Ellis Management 500 Centerville Road
83 Bridgepoint Apartments Realty Appreciation 2200 Brown Street
84 Holiday Inn Center City GF Management 230 North College Street
85 Rainbow Design Center Owner Managed 1200 to 1250 South Rainbow Boulevard
86 Flower Hill Professional Center (1F) Corporate Management, Inc. Route 124 & Flower Hill Way
87 Flower Hill McDonald's (1F) Corporate Management, Inc. Route 124 and Flower Hill Way
88 Blue Ash Hotel & Conference Center Sachs Management Corp 5901 Pfeiffer Road
89 Ultra Plaza Shopping Center Infinity Property Management 8401-8501 Indianapolis Boulevard
90 Sinagua Plaza Rich Development Company 320 N. Highway 89A
91 Holiday Plaza Property Services of Florida, Inc. 2256 N. Haverhill Road
92 Olde Mill Shopping Center Columbia Properties Incorporated Old Canton Road & NWC Upper Roswell Rd.
93 Regal Cinemas Center-Lancaster Benderson Development Company, Inc. 2262 Transit & Wehrle Drive
94 Temescal Business Center Orbit Property Corporation 2810-2850 7th Street & 745-829 Heinz Ave.
95 Houston Centre Helms-Roark, Inc. 3850 West Main Street
96 Pellcare Nursing Home Pellcare Corp. 5941 Old Walkertown Road
97 Vista Mar Apartments Landmark Redevelopment, Inc. 8514 Lazy Acres Circle
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
49 Richmond/Berkeley Marriott Courtyards Richmond Contra Costa CA 94806
50 RUN IN Food Store Portfolio (3) Various Cities Various Counties FL 00000
51 Barnes Crossing Tupelo Lee MS 38801
52 Elmwood Regal Center Buffalo Erie NY 14207
53 520 Franklin Avenue Medical Building Garden City Nassau NY 11530
54 Holiday Inn & Suites @ Parsippany Parsippany-Troy Hills Morris NJ 07054
55 Aspen Ridge Apartments Vancouver Clark WA 98684
56 Parkway Towers Apartments Harwood Heights Cook IL 60656
57 BLN Office Park I Bloomington Henneoin MN 55425
58 Garden Plaza Shopping Center Santa Barbara Santa Barbara CA 93101
59 One Phillips Drive Wright Luzerne PA 18707
60 Comfort Inn - Hollywood Holllywood Broward FL 33020
61 Ideal Professional Park Union Union NJ 07083
62 Cypress Pointe Apartments Wilmington New Hanover NC 28403
63 The Shops at Lionville Station Chester Springs Chester PA 19425
64 Cabot Lodge - Gainesville Gainesville Alachua FL 32618
65 Hampton Inn & Suites Hollywood Broward FL 33020
66 Mercado Del Rancho Shopping Center Scottsdale Maricopa AZ 85258
67 Bancroft Hall Apartments Virginia Beach Hampton VA 23454
68 Padonia Commerce Building Timonium Baltimore MD 21093
69 Anaheim Shores Estates Anaheim Orange County CA 92801
70 Tower Square Shopping Center Eden Prairie Hennepin MN 55344
71 West Garrett Place Annapolis Anne Arundel MD 21401
72 Elmonica Court Apartments Beaverton Washington OR 97006
73 Chesterfield Commons Chesterfield Township Macomb MI 48047
74 Plum Tree Apartments Martinez Contra Costa CA 94553
75 Meadow Central Market Dallas Dallas TX 75231
76 Mount Kisco Square Shopping Center Mount Kisco Mid-Westchester NY 10549
77 Las Brisas Apartments El Cajon San Diego CA 92020
78 Freedom Village Shopping Center Eldersburg Caroll MD 21784
79 Waldan Pond & Waldan Chase Apts Acworth & Woodstock Cherokee GA 30188
80 Aspen Park Apartments Sacramento Sacramento CA 94203
81 Young Circle Shopping Center Hollywood Broward FL 33020
82 Sherwood Knoll Comfort Inn Lancaster Lancaster PA 17601
83 Bridgepoint Apartments Waxahachie Ellis TX 75165
84 Holiday Inn Center City Charlotte Mecklenburg NC 28202
85 Rainbow Design Center Las Vegas Clark NV 89102
86 Flower Hill Professional Center (1F) Gaithersburg Montgomery MD 20879
87 Flower Hill McDonald's (1F) Gaithersburg Montgomery MD 20879
88 Blue Ash Hotel & Conference Center Blue Ash Hamilton OH 45242
89 Ultra Plaza Shopping Center Highland Lake IN 83201
90 Sinagua Plaza Sedona Coconino AZ 86336
91 Holiday Plaza West Palm Beach Palm Beach County FL 33417
92 Olde Mill Shopping Center Marietta Cobb GA 30062
93 Regal Cinemas Center-Lancaster Lancaster Erie NY 14086
94 Temescal Business Center Berkeley Alameda CA 94707
95 Houston Centre Dothan Houston AL 36622
96 Pellcare Nursing Home Winston-Salem Catawba & Forsyth NC 27105
97 Vista Mar Apartments Dallas Dallas TX 75240
</TABLE>
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
98 Cherokee Shopping Center Triad Investment Group 430-580 Cherokee Lane
99 Super 8 Geary Street Owner Managed 1015 Geary Street
100 Cabot Lodge - Tallahassee Mississippi Management, Inc. 2735 N. Monroe Street
101 Kessel Foods Kessel RCD, L.L.C. 5249 Corunna, 1906 Davison,3838 Richfield
102 South Pointe Apartments InterSouth Management, Inc. 6220 North Murray Avenue
103 Mesa Properties (1G) Greco Rentals Management Company 2301 Kent, 1132 & 1430 Mesa
104 Wyoming Ave. and Enzie Drive Apart.(1G) Greco Rentals Management Company 2301 Kent,1132 &1430 Mesa
105 Mervyn's Plaza ACF Property Management, Inc. 3333 184th Street SW
106 Bartlett Commons Management Marketing Services Inc. NWC Route 59 & Stearns Road
107 Crowley Village Shopping Center Action Financials Inc. 2008 North Parkerson Avenue
108 Tivoli Condominiums (1H) Wimberly & Daniel, Inc. 285 Tivoli Condominiums
109 Cross Creek Apartments (1H) Wimberly & Daniel, Inc. 600 Riverhed Parkway
110 Tamara Hills Townhomes (1H) Wimberly & Daniel, Inc. 102-110 and 119-142 Tamara Court
111 The Bell Rock Inn Samoth Hospitality Group, Inc. 6246 Highway 179
112 Howard Johnson Hotel Tramz Hotel, Inc. 2401 West Hundred Road
113 Camelot Apartments Wesley Realty Group, Inc. 2840 Robinson Road
114 Canyon Ridge MHP Willmax Capital , Inc 5150 Airport Road
115 Westlake Crossing Shopping Center Bestheda Management Company 10301 Westlake Drive
116 Days Hotel Timonium Hill Management Services, Inc. 9615 Deereco Road
117 Heritage Square Apartments AAA Properties 9111 White Bluff Road
118 Constitution Square Wareham Property Group, Inc. 2186 Shattuck Avenue
119 Oxford Square HHH Management Inc. 246 SR-436
120 Spring Villas Wasatch Property Management, Inc. 8768 Jamacha Road
121 Sierra Point Apartments DMJ Management, Inc. 3800 Portland Street
122 Menlo Avenue Office Building Arnell Enterprises, Inc. 800 - 830 Menlo Avenue
123 Henderson Marketplace Chase Development Company 901 Beckford Drive
124 Stone Creek Apartments Owner Managed 11500 Huebner Road
125 Florida Avenue Apartments Premier Investors Inc 1107 - 1209 E. Flordia Avenue
126 Homewood Village Shopping Center David H. Poer Company 2415 Jefferson Road
127 Commonwealth Avenue Apartments The Hamilton Company 1114-1132 Commonwealth Avenue
128 Sunrise Square Shopping Center Latco Property Management, Inc. 6721 North Blackstone Avenue
129 Stein Mart Plaza Corrigan Real Estate Services 300 Grapevine Highway
130 1500 Plaza Office Building Norris, Beggs & Simpson 1500 NE Irving Street
131 New West Village Apartments REM Properties, Inc. 238 East Oates Road
132 Brookside Apartments Wasatch Properties 6131 W. Thomas Road
133 Vinyard Gardens Dalewood Properties, LLC. 160 Dalewood Dr
134 Hidden Bay Village Apartments Harbor Group 1485 Ash Circle
135 Raintree Apartments Harbor Group 3500 Fernandina Road
136 The Office Centre at Dunwoody Village DECK Leasing and Management, Inc. 1530 - 1536 Dunwoody Village Pky
137 Seminary Plaza Sierra Management 2807-2851 Homer Adams Parkway
138 Longbranch Apartments Stephenson & Moore 2175 62nd Street North
139 Market at Merrill Bailey Properties Management, LLC 1506 Market St.
140 Comfort Inn - Dothan H. Leslie Blumberg 3593 Ross Clark Circle
141 Wind River Office Building H. C. Bailey Company 405 Briarwood Drive
142 Pass Christian Village The Mitchell Company US Hwy 90
143 Marriott Courtyard - Dothan Larry Blumberg & Associates, Inc. 3040 Ross Clark Circle
144 Tivoli Apartments Harbor Group 1029 Tivoli Cresecent
145 Sun Plaza Shopping Center Tenny Tsai 2549-2569 South King Road
146 Holiday Inn Express - Washington Sterling Hospitality Management, Inc. 9220 E. Mission Avenue
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
98 Cherokee Shopping Center Lodi San Joaquin CA 95240
99 Super 8 Geary Street San Francisco San Francisco CA 94124
100 Cabot Lodge - Tallahassee Tallahassee Leon FL 32303
101 Kessel Foods Flint Genesee MI 48504
102 South Pointe Apartments Hanahan Berkely SC 29406
103 Mesa Properties (1G) Las Cruces Dona Ana NM 88001
104 Wyoming Ave. and Enzie Drive Apart.(1G) Las Cruces Dona Ana NM 88001
105 Mervyn's Plaza Lynnwood Snohomish WA 98037
106 Bartlett Commons Bartlett DuPage IL 60103
107 Crowley Village Shopping Center Crowley Acardia LA 70527
108 Tivoli Condominiums (1H) Athens Clarke GA 30605
109 Cross Creek Apartments (1H) Athens Clarke GA 30605
110 Tamara Hills Townhomes (1H) Athens Clarke GA 30606
111 The Bell Rock Inn Sedona Yavapai AZ 86351
112 Howard Johnson Hotel Chester Chesterfield VA 23831
113 Camelot Apartments Jackson Hinds MS 39209
114 Canyon Ridge MHP Colorado Springs El Paso CO 80916
115 Westlake Crossing Shopping Center Bethesda Bestheda MD 20817
116 Days Hotel Timonium Timonium Baltimore MD 21030
117 Heritage Square Apartments Savannah Chatham GA 31406
118 Constitution Square Berkley Alameda CA 94704
119 Oxford Square Casselberry Seminole County FL 32707
120 Spring Villas Spring Valley San Diego CA 91977
121 Sierra Point Apartments Irving Dallas TX 75038
122 Menlo Avenue Office Building Menlo Park San Mateo CA 94025
123 Henderson Marketplace Henderson Vance NC 27536
124 Stone Creek Apartments San Antonio Bexar TX 78230
125 Florida Avenue Apartments Urbana Champaign IL 61801
126 Homewood Village Shopping Center Athens Clarke GA 30607
127 Commonwealth Avenue Apartments Allston Norfolk MA 02134
128 Sunrise Square Shopping Center Fresno Fresno CA 93710
129 Stein Mart Plaza Hurst Tarrant TX 76054
130 1500 Plaza Office Building Portland Multnomah OR 97232
131 New West Village Apartments Garland Dallas TX 75043
132 Brookside Apartments Phoenix Maricopa AZ 85033
133 Vinyard Gardens Winston Salem Forsyth NC 27104
134 Hidden Bay Village Apartments Casselberry Seminole FL 32707
135 Raintree Apartments Columbia Lexington SC 29210
136 The Office Centre at Dunwoody Village Atlanta DeKalb GA 30338
137 Seminary Plaza Alton Madison IL 62002
138 Longbranch Apartments Clearwater Pinellas FL 34608
139 Market at Merrill Little Rock Pulaski AR 72211
140 Comfort Inn - Dothan Dothan Houston AL 36303
141 Wind River Office Building Jackson Hinds MS 39206
142 Pass Christian Village Pass Christian Harrison MS 39571
143 Marriott Courtyard - Dothan Dothan Houston AL 36302
144 Tivoli Apartments Virginia Beach Northampton VA 23456
145 Sun Plaza Shopping Center San Jose Santa Clara CA 95122
146 Holiday Inn Express - Washington Spokane Spokane WA 99206
</TABLE>
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
147 Mariner Crossing Shopping Center CB Commerical Real Estate Group, Inc. 4221 Mariner Boulevard
148 Mt. Dora Marketplace HHH Management Inc. SWC US Highway 441 and SR-44B
149 Aspen Village Apartments Meridian Management Corporation 3510 Kebil Drive
150 Sherman Oaks VDA Management Services, Inc. 14144 Ventura Blvd.
151 South Plains Apartments Westmark Management Company 5520 58th Street
152 Royal Oaks Apartments FEIT Management Company 5420 NW 27th Street
153 Northwinds Apartment Complex Self-Managed 2561 Fassitt Road
154 The Park Shopping Center HHH Management Inc. 2141 Loch Rane Blvd
155 Lloyd Office Plaza Norris, Beggs & Simpson 1425 NE Irving Street
156 Bridge Street Lodge (1I) Christiana Management Company 278 Hanson Ranch Road
157 P & R Building (1I) Owner Managed 228 Bridge Street
158 Holiday Inn - Dothan Larry Blumberg & Associates, Inc. 2195 Ross Clark Circle
159 Hampton North Townhomes & Apartments The Hayman Company 12324 Starcrest Drive
160 Holiday Inn - Lake Havasu Zenith Management Co. 245 London Bridge Road
161 University Shoppes Samuel Susi - Individual 4938-4998 North University Drive
162 Galleria Mall Swisher Realty Company 1208 & 1214 South University Ave
163 Park 219 Business Park CTL Management 2900 SW 219th Avenue
164 One Energy Square Center Management Company 3100-3300 Andrews Highway
165 Orchard Plaza Shopping Center Center Management Company E.Main St./Highway 50 and Farmington Ave.
166 The Mark Mobile Home Park Cunning Management, Inc. 3200 13th Street
167 Rivershores Apartments Sterling Management Ltd. 1305 W. Vistula
168 Perry Hall Mini-Storage Hill Management 7750 Rossville Boulevard
169 Governor's Palace REM Properties, Inc. Ridgmar Blvd. North of IH-30 (W. Freeway)
170 Brookhollow Apartments Lumacorp., Inc. 1431 David Ave.
171 Cedarfield Plaza (1J) Richard Gollel Companies, Inc. 496 Long Pond Road and Cedarfield Commons
172 Greece Mini Storage (1J) Richard Gollel Companies, Inc. 45 Cedarfield Commons
173 Gander Mountain / JoAnn Fabrics Center Michigan Realty Company 14100 & 14110 Pardee Road
174 The Colonnade at Turtle Creek Apartments Bender Property Management, Inc. 3311 Blackburn Street
175 601 Franklin Avenue Medical Building Ray Polley Management, Inc. 601 Franklin Avenue
176 Valdosta Storage Rollup Owner Managed 412 Connell Road & 1416 Baytree Road
177 All Aboard - Burbank Management Enterprises, Inc. 2801 Thornton Avenue
178 Brea Center Westwood Financial Corporation 720-796 N. Brea Boulevard
179 Holiday Inn Express Owner Managed 2532 Castro Valley Blvd
180 Seaport Villas Owner Managed 180 Canyon Drive
181 Park Central Office Park Cabot Realty Corporation 110, 130, 150 & 190 Linden Oaks
182 Drug Emporium Center Albert Minoofar 9912-9952 Katella/11101-3 Brookhurst
183 Langley Place Peter Elliot, LLC 10 Langley Road
184 Red Lion Apartments AAA Properties 6100 Waters Avenue
185 The Woodlands Shopping Center Trammell Crow Central Texas, Ltd. 13492 Research Boulevard
186 St. Marys Plaza Wessex Management Company 1529 West St. Mary's Road
187 Mountain Park Pavilions II CB Commercial 3820 East Ray Road
188 Shady Banks Shopping Center Harbor Group 2900 Hampton Highway
189 Pavilion in the Park Bailey Properties Management, LLC 8201 Cantrell Rd.
190 Riverview Business Plaza Wellington Management Inc. 276 -294, 314-330, 334-346 Chester St.
191 Cumberland Station Shopping Center Infinity Property Management Corporation 768 South Jefferson Avenue
192 509-511 Amsterdam Avenue Shore Assets, Inc 509-511 Amsterdam Avenue
193 Westover Pointe Center Turton Investments 2700 Dawson Road
194 Towne East Village Apartments Pinnacle Realty Management Corporation 9060 F.M. 78
195 Super Crown Books & LaJolla Patio Owner Managed 1092 El Camino Real
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
147 Mariner Crossing Shopping Center Spring Hill Hernando FL 34609
148 Mt. Dora Marketplace Mt. Dora Volusia FL 32757
149 Aspen Village Apartments Indianapolis Marion IN 46224
150 Sherman Oaks Los Angeles Los Angeles CA 91403
151 South Plains Apartments Lubbock Lubbock TX 79414
152 Royal Oaks Apartments Lauderhill Broward FL 33313
153 Northwinds Apartment Complex North Charleston Charleston SC 29406
154 The Park Shopping Center Orange Park Clay FL 32073
155 Lloyd Office Plaza Portland Multnomah OR 97232
156 Bridge Street Lodge (1I) Vail Eagle CO 81657
157 P & R Building (1I) Vail Eagle CO 81657
158 Holiday Inn - Dothan Dothan Houston AL 36302
159 Hampton North Townhomes & Apartments San Antonio Bexar TX 78216
160 Holiday Inn - Lake Havasu Lake Havasu City Mohave AZ 86403
161 University Shoppes Lauderhill Broward FL 33319
162 Galleria Mall Ann Arbor Washtenaw MI 48104
163 Park 219 Business Park Hillsboro Washington OR 97123
164 One Energy Square Odessa Ector TX 79762
165 Orchard Plaza Shopping Center Farmington Farmington NM 87401
166 The Mark Mobile Home Park St. Cloud Osceola FL 34769
167 Rivershores Apartments Bristol Elkhart IN 46507
168 Perry Hall Mini-Storage Baltimore Baltimore MD 21236
169 Governor's Palace Fort Worth Tarrant TX 76116
170 Brookhollow Apartments Desoto Dallas TX 75115
171 Cedarfield Plaza (1J) Rochester Monroe NY 14612
172 Greece Mini Storage (1J) Rochester Monroe NY 14612
173 Gander Mountain / JoAnn Fabrics Center Taylor Wayne MI 48180
174 The Colonnade at Turtle Creek Apartments Dallas Dallas TX 75204
175 601 Franklin Avenue Medical Building Garden City Nassau NY 11530
176 Valdosta Storage Rollup Valdosta Lowndes GA 31602
177 All Aboard - Burbank Burbank Los Angeles CA 91504
178 Brea Center Brea Orange CA 92621
179 Holiday Inn Express Castro Valley Alameda CA 94546
180 Seaport Villas Oceanside San Diego CA 92054
181 Park Central Office Park Pittsford Monroe NY 14625
182 Drug Emporium Center Garden Grove Orange CA 92614
183 Langley Place Newton Middlesex MA 02159
184 Red Lion Apartments Savannah Chatham GA 31406
185 The Woodlands Shopping Center Austin Williamson TX 78750
186 St. Marys Plaza Tucson Pima AZ 85745
187 Mountain Park Pavilions II Phoenix Maricopa AZ 85044
188 Shady Banks Shopping Center Yorktown York VA 23693
189 Pavilion in the Park Little Rock Pulaski AR 72227
190 Riverview Business Plaza St Paul Ramsey MN 55107
191 Cumberland Station Shopping Center Cookeville Putnam TN 38501
192 509-511 Amsterdam Avenue New York Manhattan NY 10024
193 Westover Pointe Center Albany Dougherty GA 31707
194 Towne East Village Apartments Converse Bexar TX 78109
195 Super Crown Books & LaJolla Patio Encinitas San Diego CA 92024
</TABLE>
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
196 Bent Oak Apartments Harbor Group 200 Old Boiling Springs Road
197 Summit Apartments Carlisle Apartments, Inc. 1348 Thorpe Lane
198 Jefferson Square Mall Walter G. Seput, Jr. 2704-2900 South Sixth Street
199 Sandalwood Center The Real Estaters Realty & Investments 2400 S. Jones Boulevard
200 Encino Village Center Warden-Hasselkus 16650-16664 Ventura Blvd.
201 Willamette Terrace CTL Management 1709 S.W. Blankenship Road
202 4 Hartwell Place Levco, Inc. 4 Hartwell Place
203 79 Worth Street Certified Servicing Associates, Inc. 79 Worth Street
204 Stewart Creek Shopping Center RMF Properties, Ltd. 6803 Preston Road
205 Plantation Village Shopping Center Fuller-MacFarlan Management 401 This Way Street
206 Lookout Ridge Apartments Paskin Properties 201 Lookout Ridge Blvd.
207 Orangethorpe Beach Shopping Center Roseland Financial 7802-7814 Orangethorpe Avenue
208 Orchard Supply Triad Investment Group 360 Cherokee Lane
209 Waterford Village Shopping Center A & R Properties 5570-5640 Dixie Highway
210 Governor's Terrace Hank Fisher Properties 1401 P Street
211 Esplanade Mini-Storage Epic Group 2180 Craig Drive
212 Sterling Industrial Park Capital Property Resources 201 Davis Drive
213 Mabelvale Plaza Ashley Company 10101 Mabelvale Plaza
214 Woodlawn Village Shopping Center Harbor Group 282 Deacon Road
215 Bolton-Moore's Mill Shopping Center Infinity Property Management Corporation 2271-2581 Marietta Boulevard
216 Omni Plaza Shopping Center Inter Capital Realty Corp. 2815-35 Jerusalem Avenue
217 Shield Street Plaza Sierra Management Corp. 138-162 Shield Street
218 Viewmont Estates Mobile Home Park Owner Managed 1120 South 25th Street
219 1731-1751 Washington Street The Samia Companies 1731-1751 Washington Street
220 Penninsula Professional Building Harbor Group 11818 Rock Landing Drive
221 Creekside Mobile Estates John D. Petshow 5101 NE 121st Avenue
222 Alexandria Square Carnegie Management and Development Corp. 949-59 East Aurora Road
223 Advo Building Owner Managed 102 South Wynstone Park Drive
224 White Pines Plaza Lat Purser & Associates, Inc. 1008 East Main Street
225 North Shore Estates Dolphin Investements 3777 Addy Street
226 River's Edge Apartments Triangle Management Inc. 1425 LeForge
227 109-111 Grant Avenue Robert A. Mead & Associates, Inc. 109 -111 Grant Avenue
228 Royal Oaks Senior Community Park Pamela Young Haggarty and Michael Young 750 Wood Sorrell Drive
229 Parker Marketplace Phase II Custom Management Group, Inc. 18721 - 18741 East Ponderosa Drive
230 Summer Creek Apartments Harbor Group 5055 Harbour Lake Drive
231 Robarts Mobile Home Park Owner Managed 2000 Maine St.
232 Woodcrest Townhome Apartments Self-Managed 1628 Woodcrest Drive
233 Planters Trace Intersouth Management 2222 Ashley River Road
234 Stone Oak Apartments Eaglestar Group 3151 Jennings Road
235 Hidden Hills Mobile Home Park Cunning Management, Inc. 4190 North Spring Garden Avenue
236 Tiger Mart Owner Managed 1001US Highway 67
237 Park Lane Terrace Apartments Westmark Management Company 6830 Larmanda Street
238 Quail Hollow Business Park Easlan Capital of Charlotte 6548 Carmel Road & 7523 Little Avenue
239 Campus Square Apartments Hardin Properties, Inc. 316 Fry Street
240 Bridgeport Professional Building Katica Properties, Inc. 7424 Bridgeport Way West
241 Brigham's Landing Shopping Center CB Commerical Real Estate Group, Inc. 200 West University Parkway
242 Boulevard Shoppes II Samuel Susi - Individual 5200-5400 North University Drive
243 The Clusters Apartments Somerset Management Services, Inc. 3130; 3220-46 Webb Chapel Extension
244 Fairfield Inn - Dothan Larry Blumberg & Associates, Inc. 3038 Ross Clark Circle
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
196 Bent Oak Apartments Greenville Greenville SC 29650
197 Summit Apartments San Marcos Hays TX 78666
198 Jefferson Square Mall Klamath Falls Klamath OR 97603
199 Sandalwood Center Las Vegas Clark NV 89102
200 Encino Village Center Encino Los Angeles CA 91436
201 Willamette Terrace West Linn Clackamas OR 97203
202 4 Hartwell Place Lexington Middlesex MA 02173
203 79 Worth Street New York Manhatten NY 10013
204 Stewart Creek Shopping Center Frisco Collin TX 75034
205 Plantation Village Shopping Center Lake Jackson Brazoria TX 77566
206 Lookout Ridge Apartments Harker Heights Bell TX 76548
207 Orangethorpe Beach Shopping Center Buena Park Orange CA 90621
208 Orchard Supply Lodi San Joaquin CA 95240
209 Waterford Village Shopping Center Waterford Twp. Oakland MI 48329
210 Governor's Terrace Sacramento Sacramento CA 95814
211 Esplanade Mini-Storage Oxnard Ventura County CA 93030
212 Sterling Industrial Park Sterling Loudoun VA 20164
213 Mabelvale Plaza Little Rock Pulaski AR 72209
214 Woodlawn Village Shopping Center Fredricksburg Stafford VA 22405
215 Bolton-Moore's Mill Shopping Center Atlanta Fulton GA 30318
216 Omni Plaza Shopping Center North Bellmore Nassau NY 11710
217 Shield Street Plaza West Hartford Hartford CT 06110
218 Viewmont Estates Mobile Home Park Mt. Vernon Skagit County WA 98273
219 1731-1751 Washington Street Braintree Suffolk MA 02184
220 Penninsula Professional Building Hampton Roads Newport News VA 23612
221 Creekside Mobile Estates Vancouver Clark WA 98682
222 Alexandria Square Macedonia Summit OH 44056
223 Advo Building North Barrington Lake IL 60010
224 White Pines Plaza Cherryville Gaston County NC 28021
225 North Shore Estates Washougal Clark WA 98671
226 River's Edge Apartments Ypsilanti Washtenaw MI 48198
227 109-111 Grant Avenue Endicott Broome NY 13760
228 Royal Oaks Senior Community Park Petaluma Sonoma CA 94952
229 Parker Marketplace Phase II Parker Douglas CO 80134
230 Summer Creek Apartments Goose Creek Berkeley SC 29445
231 Robarts Mobile Home Park Frostproof Polk FL 33843
232 Woodcrest Townhome Apartments Daytona Beach Volusia FL 32119
233 Planters Trace Charleston Charleston SC 29414
234 Stone Oak Apartments Independence Jackson MO 64055
235 Hidden Hills Mobile Home Park DeLand Volusia FL 32720
236 Tiger Mart Alvarado Johnson TX 76009
237 Park Lane Terrace Apartments Dallas Dallas TX 75231
238 Quail Hollow Business Park Charlotte Mecklenburg NC 28226
239 Campus Square Apartments Denton Denton TX 76201
240 Bridgeport Professional Building Tacoma Pierce WA 98467
241 Brigham's Landing Shopping Center Provo Utah UT 84604
242 Boulevard Shoppes II Lauderhill Broward FL 33351
243 The Clusters Apartments Dallas Dallas TX 75220
244 Fairfield Inn - Dothan Dothan Houston AL 36302
</TABLE>
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
245 Valley Manor Owner Managed 856 S. Central Avenue
246 Sunrise Village Apartments Self Managed 48 West 2nd South
247 Ridgewood Apartments Bailey Properties Management, LLC 2190 Higdon Ferry Road
248 Bella Vista Terrace Owner Managed 500-510 E. Los Angeles Dr.
249 Ramada Limited Owner Managed 21598 Foothill Blvd
250 Secluded Oaks Villas Apartments Encore Capital Management, Inc. 8642 Fredericksburg Road
251 Colonial Mobile Home Park Owner Managed 2600 East Division Street
252 Plaza North Medical Building Pebworth Properties 3385 Burns Road
253 Camelot Apartments Great Atlantic Management Co., Inc. 768 Oyster Point Road
254 Northlake Quadrangle Spiva/Hill Management, Co. 2200 Northlake Parkway
255 Gordon Street Apartments Samia Companies 91-99 Gordon Street
256 Northgate Apartments CTL Management 5801-5939 North Fessenden Street
257 Sepulveda Crest Apartments Cooper Properties 6640 Sepulveda Boulevard
258 Morningstar Mini-Storage Morningstar Group, Inc. 920 West Chatham Street
259 Chateaux Verde Apartments F&F Properties 13050 West Cedar Drive
260 Homestead Corner Shopping Center Providence Realty(Minnesota), Inc. 13540 - 13670 Grove Drive
261 Lake Villa Apartments Financial Advisors, Inc. 3500 Watkins Lake Road
262 F & H Warehouse Owner Managed 470 Commack Road
263 Avian Plaza Shopping Center Myron Buchman SWC Evesham Road & Brendenwood Drive
264 Port Orchard Mini Storage Kevin Howard Real Estate 3282 SE Lund Avenue
265 Sequoia Grove Apartments Alliance Management, Inc. 13001 SE 28th Place
266 Emerald Park Apartments S&S Property Management, Inc. 2200 Flower Tree Circle
267 The Miller Center LaCoste Properties 1224 Ellis Avenue
268 Rancho San Diego Town & Country Marc Lantzman 12098 Fury Lane
269 French Quarters East Apartments Maxus Properties, Inc. 808 East 100th Terrace
270 The Forest Apartments Harbor Group 6756 103rd Street
271 Oakhill Apartments InterSouth Management, Inc. 825 Beaty Street
272 STOR-N-LOCK Pogoda Management Co. 7840 Wayne Road
273 Autumn Ridge Apartments R Squared Realty 90 Gerrish Avenue
274 Hyde Park Prescott Properties 2934 W. 1st Street
275 701 Franklin Center Mitch Cox Properties 701 State of Franklin Road
276 Savoy Condominiums Hurt & Stell Management 303 Detroit Avenue
277 Meriden East Apartments APA Mangement Services 657 East Main Street
278 Tradewinds Apartments Harbor Group 5717 Timuquana Road
279 Courtyard Plaza JEDA Management 349 - 351 North Main Street
280 Regency Manor Apartments Carlisle Apartments, Inc. 5042 Wildflower
281 Hood Chalet Mobile Estates Owner Managed 17655 S. Bluff Road
282 Mauna Kea Apartments L'Abri Management Inc. 3601 W. Orange Avenue
283 Deer Creek Apartments Mather Capital Corporation 950 North Allumbaugh Street
284 Evergreen Place Condominiums Owner Managed 3860 Evergreen Street
285 Autumn Creek Apartments Ernest E. Tschannen 10749 - 10765 East Northwest Highway
286 Midtown at Main Owner Managed 1100 Main Avenue
287 Park Place Center Mitch Cox Properties State of Franklin Road at Sells Avenue
288 International Self Storage Owner Managed 6119 Oakdale Road
289 Villa Catalina Apartments MJW Investments, Inc. 440 South Catalina Street
290 Loc-'N-Stor Self Storage Tony & May Vasquez 1020 Lakeville Street
291 Timberline Mobile Home Park Owner Managed 19625 East Wellesley
292 Rancho Villa Owner-Managed 10302 Lakeview Avenue SW
293 Timberland Ridge Apartments Fransen Real Estate, Inc. 7501 & 7511 Greenfield Avenue
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
245 Valley Manor Kent King WA 98032
246 Sunrise Village Apartments Rexburg Madison ID 83440
247 Ridgewood Apartments Hot Springs Garland AR 71913
248 Bella Vista Terrace Vista San Diego CA 92084
249 Ramada Limited Hayward Alameda CA 94541
250 Secluded Oaks Villas Apartments San Antonio Bexar TX 78240
251 Colonial Mobile Home Park Mt. Vernon Skagit WA 98274
252 Plaza North Medical Building Palm Beach Gardens Palm Beach FL 33410
253 Camelot Apartments Newport News Newport News VA 23602
254 Northlake Quadrangle Atlanta DeKalb GA 30084
255 Gordon Street Apartments Allston Suffolk MA 02134
256 Northgate Apartments Portland Washington OR 97203
257 Sepulveda Crest Apartments Los Angeles (Van Nuys) Los Angeles CA 91411
258 Morningstar Mini-Storage Cary Wake NC 27511
259 Chateaux Verde Apartments Lakewood Jefferson CO 80228
260 Homestead Corner Shopping Center Maple Grove Hennepin MN 55369
261 Lake Villa Apartments Waterford Oakland MI 48328
262 F & H Warehouse Deer Park Suffolk NY 11729
263 Avian Plaza Shopping Center Voorhees Township Camden NJ 08003
264 Port Orchard Mini Storage Port Orchard Kitsap WA 98366
265 Sequoia Grove Apartments Bellevue King WA 98005
266 Emerald Park Apartments Melbourne Brevard FL 32935
267 The Miller Center Jackson Hinds MS 39209
268 Rancho San Diego Town & Country Rancho San Diego San Diego CA 92019
269 French Quarters East Apartments Kansas City Jackson MO 64131
270 The Forest Apartments Jacksonville Duval FL 32210
271 Oakhill Apartments Davidson Mecklenburg NC 28036
272 STOR-N-LOCK Westland Wayne MI 48185
273 Autumn Ridge Apartments East Haven New Haven CT 06512
274 Hyde Park Santa Ana Orange CA 92702
275 701 Franklin Center Johnson City Washington TN 37604
276 Savoy Condominiums Lubbock Lubbock TX 79415
277 Meriden East Apartments Meriden New Haven CT 06450
278 Tradewinds Apartments Jacksonville Duval FL 32210
279 Courtyard Plaza Andover Essex MA 01810
280 Regency Manor Apartments San Antonio Bexar TX 78228
281 Hood Chalet Mobile Estates Sandy Clackamas OR 97055
282 Mauna Kea Apartments Anaheim Orange CA 92804
283 Deer Creek Apartments Boise Ada ID 83704
284 Evergreen Place Condominiums Irving Dallas TX 75061
285 Autumn Creek Apartments Dallas Dallas TX 75238
286 Midtown at Main Moorhead Clay MN 56560
287 Park Place Center Johnson City Washington TN 37604
288 International Self Storage Riverbank Stanislaus CA 95367
289 Villa Catalina Apartments Los Angeles Los Angeles CA 90020
290 Loc-'N-Stor Self Storage Petaluma Sonoma CA 94952
291 Timberline Mobile Home Park Otis Ochards Spokane WA 99027
292 Rancho Villa Lakewood Pierce WA 98499
293 Timberland Ridge Apartments Mounds View Ramsey MN 55112
</TABLE>
<PAGE>
Managers and Locations of the Mortgaged Properties
<TABLE>
<CAPTION>
Property Name Manager Address
------------- ------- -------
<S> <C> <C> <C>
294 Leewood Apartments Buwalda Enterprises 1000 Northwood Drive
295 Glen Mark Apartments Hughes Management, Inc. 1709 Martin Bluff Road
296 Pinecroft Mobile Home Park Owner Managed 11920 East Mansfield Avenue
297 Eckerds Drugstore Owner Managed 5120 34th Street and Slide Road
298 Eastern Promenade Apartments Baxter Property Management 250 - 256 Eastern Promenade
299 Belle Meade Apartments Zidell Properties 2930 Fountainview Drive
300 Riverview Plaza II Tri-Kell Investments, Inc. 3200 Cobb Parkway
301 Westmoreland Warehouse Adveric Holdings, Inc. 4803 - 4809 S. Westmoreland Road
<CAPTION>
Zip
Property Name City County State Code
------------- ---- ------ ----- ----
<S> <C> <C> <C> <C> <C>
294 Leewood Apartments Houston Harris TX 77521
295 Glen Mark Apartments Gautier Jackson MS 39553
296 Pinecroft Mobile Home Park Spokane Spokane WA 99206
297 Eckerds Drugstore Lubbock Lubbock TX 79414
298 Eastern Promenade Apartments Portland Cumberland ME 04101
299 Belle Meade Apartments Houston Harris TX 75231
300 Riverview Plaza II Atlanta Cobb GA 30339
301 Westmoreland Warehouse Dallas Dallas TX 75237
</TABLE>
(1A) The Mortgage Loans secured by Raritan Plaza I and Raritan Center Industrial
Portfolio, respectively, are cross-collateralized and cross-defaulted.
(1B) The Mortgage Loans secured by Holiday Inn - Jacksonville Airport and
Courtyard by Marriott, respectively, are cross-collateralized and
cross-defaulted.
(1C) The Mortgage Loans secured by Courtyard by Marriott - Pensacola, Courtyard
by Marriott - Tuscaloosa, Fairfield Inn - Pensacola, Fairfield Inn -
Birmingham and Fairfield Inn - Tuscaloosa, respectively, are
cross-collateralized and cross-defaulted.
(1D) The Mortgage Loans secured by Royal Plaza Hotel - Marlborough and Royal
Plaza Hotel- Fitchburg, respectively, are cross-collateralized and
cross-defaulted.
(1E) The Mortgage Loans secured by Highland Pavilion Shopping Center and
Highland Pavilion Cinema, respectively, are cross-collateralized and
cross-defaulted.
(1F) The Mortgage Loans secured by Flower Hill Professional Center and Flower
Hill McDonald's, respectively, are cross-collateralized and
cross-defaulted.
(1G) The Mortgage Loans secured by Mesa Properties and Wyoming Ave. and Enzie
Drive Apartments, respectively, are cross-collateralized and
cross-defaulted.
(1H) The Mortgage Loans secured by Tivoli Condominiums, Cross Creek Apartments
and Tamara Hills Townhomes, respectively, are cross-collateralized and
cross-defaulted.
(1I) The Mortgage Loans secured by Bridge Street Lodge and P&R Building,
respectively, are cross-collateralized and cross-defaulted.
(1J) The Mortgage Loans secured by Cedarfield Plaza and Greece Mini Storage,
respectively, are cross-collateralized and cross-defaulted.
(2) Summer Cove Apartments has an interest only period of 24 months and will
begin to amortize over a 96 month term.
(3) RUN IN Food Store Portfolio consists of one mortgage loan secured by eight
properties.
<PAGE>
Characteristics of the Mortgage Loans
<TABLE>
<CAPTION>
Original
Percentage of Amortization
Mortgage Loan Cut-off Date Initial Term
Property Name (1) Seller Balance (4) Pool Balance (months)
----------------- ------ ----------- ------------ --------
<S> <C> <C> <C> <C>
1 The Rivergate GE Capital Access $94,602,208 6.0% 360
2 Raritan Plaza I (1A) Column $27,484,832 1.7% 360
3 Raritan Center Industrial Portfolio (1A) Column $24,486,486 1.6% 360
4 Resurgens Plaza GE Capital Access $32,859,589 2.1% 360
5 The Camargue GE Capital Access $29,900,164 1.9% 300
6 Casa Arroyo Apartments GE Capital Access $23,984,720 1.5% 360
7 Ballena Village Apartments GE Capital Access $21,954,541 1.4% 360
8 Holiday Inn - Jacksonville Airport (1B) Column $17,361,592 1.1% 300
9 Courtyard by Marriott (1B) Column $4,589,846 0.3% 300
10 Magnolia Lake Apartments GE Capital Access $20,500,000 1.3% 360
11 Park Terrace GE Capital Access $19,966,398 1.3% 360
12 Autumn Chase Apartments GE Capital Access $19,472,137 1.2% 360
13 Embassy Square Suites Column $17,899,848 1.1% 300
14 101 Commerce Drive Column $16,944,010 1.1% 360
15 Courtyard by Marriott - Pensacola (1C) Column $5,194,990 0.3% 300
16 Courtyard by Marriott - Tuscaloosa (1C) Column $3,866,395 0.2% 300
17 Fairfield Inn - Pensacola (1C) Column $3,120,000 0.2% 300
18 Fairfield Inn - Birmingham (1C) Column $2,377,707 0.2% 300
19 Fairfield Inn - Tuscaloosa (1C) Column $1,928,120 0.1% 300
20 Doctors Medical Complex GE Capital Access $15,991,795 1.0% 360
21 Chandler Place Apartments GE Capital Access $15,690,004 1.0% 360
22 Summer Cove Apartments (2) Column $15,168,794 1.0% 336
23 Lake & Racquet Apartments GE Capital Access $14,979,511 1.0% 360
24 Stone Ends Apartments GE Capital Access $14,219,052 0.9% 360
25 Canyon Club Apartments GE Capital Access $13,558,248 0.9% 360
26 BLN Office Park II Column $13,548,266 0.9% 360
27 Royal Plaza Hotel - Marlborough (1D) Column $10,907,663 0.7% 300
28 Royal Plaza Hotel - Fitchburg (1D) Column $2,165,565 0.1% 300
29 Hannaford Plaza AKA Rotterdam Mall GE Capital Access $12,993,015 0.8% 360
30 Highland Pavilion Shopping Center (1E) GE Capital Access $6,332,000 0.4% 360
31 Highland Pavilion Cinema (1E) GE Capital Access $6,250,000 0.4% 360
32 Plumtree-MI GE Capital Access $12,492,089 0.8% 360
33 Ventura Libbit Building Column $12,180,479 0.8% 240
34 Carroll Park Industrial Center Column $11,905,000 0.8% 360
35 Randall Lane, Park Place I & II Column $11,464,221 0.7% 360
36 Town & Country Shopping Center Column $11,135,647 0.7% 360
37 Plaza Mobile Village GE Capital Access $11,012,261 0.7% 360
38 Golden Triangle Shopping Center GE Capital Access $10,789,687 0.7% 300
39 Jasper Mall Shopping Center GE Capital Access $10,535,181 0.7% 360
40 Lincoln Village Shopping Center GE Capital Access $10,456,137 0.7% 360
41 Dominick's Food Store & Multi-Tenant Retail Column $10,317,352 0.7% 360
42 Suncrest Plaza Shopping Center Column $9,968,518 0.6% 360
43 Fabyan Crossing Shopping Center Column $9,826,481 0.6% 360
44 Forest Glen Apartments GE Capital Access $9,743,548 0.6% 360
45 Legacy Drive Village Shopping Center GE Capital Access $9,711,786 0.6% 360
46 Friendly Village MHC GE Capital Access $9,494,274 0.6% 360
47 Breckenridge Apartments Column $9,347,127 0.6% 360
48 Days Inn - Inner Harbor GE Capital Access $9,329,684 0.6% 300
49 Richmond/Berkeley Marriott Courtyards GE Capital Access $8,891,690 0.6% 300
50 RUN IN Food Store Portfolio (3) Column $8,688,218 0.6% 240
51 Barnes Crossing GE Capital Access $8,500,000 0.5% 300
52 Elmwood Regal Center Column $8,450,782 0.5% 180
53 520 Franklin Avenue Medical Building Column $8,300,000 0.5% 360
54 Holiday Inn & Suites @ Parsippany GE Capital Access $8,300,000 0.5% 300
55 Aspen Ridge Apartments GE Capital Access $8,074,631 0.5% 360
56 Parkway Towers Apartments Column $7,980,251 0.5% 360
57 BLN Office Park I Column $7,969,568 0.5% 360
58 Garden Plaza Shopping Center Column $7,571,963 0.5% 330
59 One Phillips Drive Column $7,475,299 0.5% 360
60 Comfort Inn - Hollywood Column $7,317,234 0.5% 300
61 Ideal Professional Park GE Capital Access $7,196,080 0.5% 360
62 Cypress Pointe Apartments GE Capital Access $7,189,837 0.5% 360
63 The Shops at Lionville Station GE Capital Access $6,995,755 0.4% 360
64 Cabot Lodge - Gainesville Column $6,984,548 0.4% 300
65 Hampton Inn & Suites Column $6,977,329 0.4% 300
66 Mercado Del Rancho Shopping Center Column $6,976,628 0.4% 360
67 Bancroft Hall Apartments GE Capital Access $6,953,647 0.4% 300
68 Padonia Commerce Building GE Capital Access $6,951,446 0.4% 300
69 Anaheim Shores Estates GE Capital Access $6,945,641 0.4% 360
70 Tower Square Shopping Center GE Capital Access $6,939,016 0.4% 360
71 West Garrett Place Column $6,840,307 0.4% 360
72 Elmonica Court Apartments GE Capital Access $6,795,592 0.4% 360
<CAPTION>
Remaining Original Remaining
Amortization Term to Stated Term to Stated
Term Maturity Maturity Mortgage Monthly
Property Name (1) (months) (months) (5) (months) (5) Rate Payment
----------------- -------- ------------ ------------ ---- -------
<S> <C> <C> <C> <C> <C>
1 The Rivergate 355 120 115 6.950% $628,851
2 Raritan Plaza I (1A) 359 120 119 7.400% $190,404
3 Raritan Center Industrial Portfolio (1A) 359 120 119 7.400% $169,633
4 Resurgens Plaza 355 120 115 6.650% $211,848
5 The Camargue 297 300 297 7.010% $212,225
6 Casa Arroyo Apartments 359 120 119 6.940% $158,707
7 Ballena Village Apartments 357 120 117 7.030% $146,810
8 Holiday Inn - Jacksonville Airport (1B) 298 120 118 7.180% $124,985
9 Courtyard by Marriott (1B) 298 120 118 7.180% $33,042
10 Magnolia Lake Apartments 360 120 120 6.860% $134,465
11 Park Terrace 358 120 118 6.890% $131,586
12 Autumn Chase Apartments 358 180 178 7.060% $130,521
13 Embassy Square Suites 295 120 115 7.500% $133,018
14 101 Commerce Drive 356 120 116 7.030% $113,444
15 Courtyard by Marriott - Pensacola (1C) 299 120 119 7.350% $37,922
16 Courtyard by Marriott - Tuscaloosa (1C) 299 120 119 7.500% $28,599
17 Fairfield Inn - Pensacola (1C) 300 120 120 7.350% $22,753
18 Fairfield Inn - Birmingham (1C) 299 120 119 7.350% $17,356
19 Fairfield Inn - Tuscaloosa (1C) 299 120 119 7.300% $14,012
20 Doctors Medical Complex 359 180 179 7.620% $113,192
21 Chandler Place Apartments 359 120 119 6.940% $103,821
22 Summer Cove Apartments (2) 330 120 114 7.130% $104,949
23 Lake & Racquet Apartments 358 180 178 7.240% $102,216
24 Stone Ends Apartments 358 120 118 6.940% $94,166
25 Canyon Club Apartments 359 120 119 6.720% $87,744
26 BLN Office Park II 355 180 175 7.180% $92,131
27 Royal Plaza Hotel - Marlborough (1D) 298 120 118 7.590% $81,413
28 Royal Plaza Hotel - Fitchburg (1D) 298 120 118 7.590% $16,163
29 Hannaford Plaza AKA Rotterdam Mall 359 120 119 7.480% $90,720
30 Highland Pavilion Shopping Center (1E) 360 180 180 7.330% $43,540
31 Highland Pavilion Cinema (1E) 360 180 180 7.330% $42,976
32 Plumtree-MI 359 120 119 6.960% $82,827
33 Ventura Libbit Building 239 240 239 7.490% $98,208
34 Carroll Park Industrial Center 360 120 120 7.400% $82,428
35 Randall Lane, Park Place I & II 356 120 116 7.320% $78,997
36 Town & Country Shopping Center 358 120 118 7.480% $77,810
37 Plaza Mobile Village 355 84 79 7.230% $78,430
38 Golden Triangle Shopping Center 298 120 118 7.390% $79,040
39 Jasper Mall Shopping Center 358 120 118 7.130% $71,113
40 Lincoln Village Shopping Center 354 120 114 7.420% $72,843
41 Dominick's Food Store & Multi-Tenant Retail 356 120 116 7.250% $70,605
42 Suncrest Plaza Shopping Center 356 120 116 7.260% $68,285
43 Fabyan Crossing Shopping Center 358 180 178 7.220% $66,926
44 Forest Glen Apartments 359 120 119 6.810% $63,628
45 Legacy Drive Village Shopping Center 355 120 115 7.040% $65,129
46 Friendly Village MHC 359 120 119 7.120% $63,971
47 Breckenridge Apartments 346 120 106 8.860% $74,888
48 Days Inn - Inner Harbor 294 120 114 7.030% $66,617
49 Richmond/Berkeley Marriott Courtyards 299 120 119 7.490% $65,712
50 RUN IN Food Store Portfolio (3) 239 120 119 8.520% $75,611
51 Barnes Crossing 300 120 120 7.060% $60,402
52 Elmwood Regal Center 178 180 178 7.610% $79,328
53 520 Franklin Avenue Medical Building 360 120 120 7.270% $56,733
54 Holiday Inn & Suites @ Parsippany 300 120 120 7.370% $60,636
55 Aspen Ridge Apartments 356 120 116 7.090% $54,387
56 Parkway Towers Apartments 357 120 117 7.010% $53,278
57 BLN Office Park I 355 180 175 7.180% $54,195
58 Garden Plaza Shopping Center 326 120 116 7.530% $54,622
59 One Phillips Drive 356 120 116 7.030% $50,049
60 Comfort Inn - Hollywood 297 120 117 7.370% $53,623
61 Ideal Professional Park 359 120 119 7.440% $50,048
62 Cypress Pointe Apartments 358 120 118 7.110% $48,435
63 The Shops at Lionville Station 359 120 119 7.100% $47,042
64 Cabot Lodge - Gainesville 298 120 118 7.180% $50,281
65 Hampton Inn & Suites 297 120 117 7.150% $50,146
66 Mercado Del Rancho Shopping Center 356 120 116 6.960% $46,383
67 Bancroft Hall Apartments 299 120 119 7.590% $51,842
68 Padonia Commerce Building 294 300 294 7.510% $51,775
69 Anaheim Shores Estates 359 120 119 6.990% $46,192
70 Tower Square Shopping Center 358 120 118 7.200% $47,176
71 West Garrett Place 358 120 118 7.100% $46,034
72 Elmonica Court Apartments 359 120 119 6.880% $44,694
<CAPTION>
Defeasance
Maturity Prepayment Provision Option
Property Name (1) Date ARD (6) as of Origination (Yes/No)
----------------- ---- ------- ----------------- --------
<S> <C> <C> <C> <C>
1 The Rivergate 1/1/28 1/1/08 L (9.75), O (0.25) Yes
2 Raritan Plaza I (1A) 5/1/08 L (9.5), O (0.5) Yes
3 Raritan Center Industrial Portfolio (1A) 5/1/08 L (9.5), O (0.5) Yes
4 Resurgens Plaza 1/1/28 1/1/08 L (9.75), O (0.25) Yes
5 The Camargue 3/1/23 L (24.75), O (0.25) Yes
6 Casa Arroyo Apartments 5/1/28 5/1/08 3% (3), 2% (3), 1% (2), O (2) No
7 Ballena Village Apartments 3/1/28 3/1/08 L (9.75), O (0.25) Yes
8 Holiday Inn - Jacksonville Airport (1B) 4/1/23 4/1/08 L (9.5), O (0.5) Yes
9 Courtyard by Marriott (1B) 4/1/23 4/1/08 L (9.5), O (0.5) Yes
10 Magnolia Lake Apartments 6/1/28 6/1/08 L (9.75), O (0.25) Yes
11 Park Terrace 4/1/28 4/1/08 L (3), YM 1% (6.75), O (0.25) No
12 Autumn Chase Apartments 4/1/28 4/1/13 L (14.67), O (0.33) Yes
13 Embassy Square Suites 1/1/23 1/1/08 L (9.5), O (0.5) Yes
14 101 Commerce Drive 2/1/08 L (10) Yes
15 Courtyard by Marriott - Pensacola (1C) 5/1/08 L (9.5), O (0.5) Yes
16 Courtyard by Marriott - Tuscaloosa (1C) 5/1/08 L (9.5), O (0.5) Yes
17 Fairfield Inn - Pensacola (1C) 6/1/08 L (9.5), O (0.5) Yes
18 Fairfield Inn - Birmingham (1C) 5/1/08 L (9.5), O (0.5) Yes
19 Fairfield Inn - Tuscaloosa (1C) 5/1/08 L (9.5), O (0.5) Yes
20 Doctors Medical Complex 5/1/28 5/1/13 L (10), YM 1% (4.75), O (0.25) No
21 Chandler Place Apartments 5/1/28 5/1/08 L (9.75), O (0.25) Yes
22 Summer Cove Apartments (2) 12/1/07 L (9.5), O (0.5) Yes
23 Lake & Racquet Apartments 4/1/28 4/1/13 L (14.67), O (0.33) Yes
24 Stone Ends Apartments 4/1/28 4/1/08 L (4), YM 1% (5.67), O (0.33) No
25 Canyon Club Apartments 5/1/28 5/1/08 5% (4), 4% (1), 3% (1), 2% (1), 1% (1), O (2) No
26 BLN Office Park II 1/1/13 L (14.5), O (0.5) Yes
27 Royal Plaza Hotel - Marlborough (1D) 4/1/23 4/1/08 L (9.5), O (0.5) Yes
28 Royal Plaza Hotel - Fitchburg (1D) 4/1/23 4/1/08 L (9.5), O (0.5) Yes
29 Hannaford Plaza AKA Rotterdam Mall 5/1/23 5/1/08 L (9.67), O (0.33) Yes
30 Highland Pavilion Shopping Center (1E) 6/1/28 5/1/13 L (8), YM 1% (6.75), O (0.25) No
31 Highland Pavilion Cinema (1E) 6/1/28 5/1/14 L (8), YM 1% (6.75), O (0.25) No
32 Plumtree-MI 5/1/28 6/1/08 L (9.75), O (0.25) Yes
33 Ventura Libbit Building 5/1/18 L (19), O (1) Yes
34 Carroll Park Industrial Center 6/1/08 L (9.5), O (0.5) Yes
35 Randall Lane, Park Place I & II 2/1/08 L (9.5), O (0.5) Yes
36 Town & Country Shopping Center 4/1/08 L (9.5), O (0.5) Yes
37 Plaza Mobile Village 1/1/28 1/1/05 L (2), YM 1% (4.5), O (.50) No
38 Golden Triangle Shopping Center 4/1/23 4/1/08 L (10) Yes
39 Jasper Mall Shopping Center 4/1/28 4/1/08 L (5), YM 1% (4.75), O (0.25) No
40 Lincoln Village Shopping Center 12/1/27 12/1/07 L (3), YM 1% (6.75), O (0.25) No
41 Dominick's Food Store & Multi-Tenant Retail 2/1/08 L (9.5), O (0.5) Yes
42 Suncrest Plaza Shopping Center 2/1/08 L (9.5), O (0.5) Yes
43 Fabyan Crossing Shopping Center 4/1/13 L (14), O (1) Yes
44 Forest Glen Apartments 5/1/28 5/1/08 L (9), O (1) Yes
45 Legacy Drive Village Shopping Center 1/1/28 1/1/08 L (3), YM 1% (6.5), O (.5) No
46 Friendly Village MHC 5/1/28 5/1/08 L (9.5), O (.5) Yes
47 Breckenridge Apartments 4/1/07 L (5), YM 1% (4.5), O (0.5) No
48 Days Inn - Inner Harbor 12/1/22 12/1/07 L (9.75), O (0.25) Yes
49 Richmond/Berkeley Marriott Courtyards 5/1/08 L (9.75), O (0.25) Yes
50 RUN IN Food Store Portfolio (3) 5/1/08 L (9.5), O (0.5) Yes
51 Barnes Crossing 6/1/23 5/1/08 L (3), YM 1% (6.67), O (0.33) No
52 Elmwood Regal Center 4/1/13 L (14.5), O (0.5) Yes
53 520 Franklin Avenue Medical Building 6/1/08 L (9.5), O (0.5) Yes
54 Holiday Inn & Suites @ Parsippany 5/1/23 5/1/08 L (9.75), O (0.25) Yes
55 Aspen Ridge Apartments 2/1/28 2/1/08 L (5), YM 1% (4.75), O (0.25) No
56 Parkway Towers Apartments 3/1/08 L (9.5), O (0.5) Yes
57 BLN Office Park I 1/1/13 L (14.5), O (0.5) Yes
58 Garden Plaza Shopping Center 2/1/08 L (9.5), O (0.5) Yes
59 One Phillips Drive 2/1/08 L (10) Yes
60 Comfort Inn - Hollywood 3/1/23 3/1/08 L (9.5), O (0.5) Yes
61 Ideal Professional Park 5/1/28 5/1/08 L (9.67), O (0.33) Yes
62 Cypress Pointe Apartments 4/1/28 4/1/08 L (3), YM 1% (6.75), O (0.25) No
63 The Shops at Lionville Station 5/1/28 5/1/08 L (7), YM 1% (2.67), O (0.33) No
64 Cabot Lodge - Gainesville 4/1/23 4/1/08 L (9.5), O (0.5) Yes
65 Hampton Inn & Suites 3/1/23 3/1/08 L (9.5), O (0.5) Yes
66 Mercado Del Rancho Shopping Center 2/1/08 L (9.5), O (0.5) Yes
67 Bancroft Hall Apartments 5/1/23 5/1/08 L (9.75), O (0.25) Yes
68 Padonia Commerce Building 12/1/22 L (24.75), O (0.25) Yes
69 Anaheim Shores Estates 5/1/08 L (3), YM 1% (6.5), O (.5) No
70 Tower Square Shopping Center 4/1/28 4/1/08 L (3), YM 1% (6.75), O (0.25) No
71 West Garrett Place 4/1/08 L (9.5), O (0.5) Yes
72 Elmonica Court Apartments 5/1/28 5/1/08 L (9.75), O (0.25) Yes
</TABLE>
<PAGE>
Characteristics of the Mortgage Loans
<TABLE>
<CAPTION>
Original
Percentage of Amortization
Mortgage Loan Cut-off Date Initial Term
Property Name (1) Seller Balance (4) Pool Balance (months)
----------------- ------ ----------- ------------ --------
<S> <C> <C> <C> <C>
73 Chesterfield Commons GE Capital Access $6,790,307 0.4% 360
74 Plum Tree Apartments GE Capital Access $6,695,709 0.4% 360
75 Meadow Central Market GE Capital Access $6,585,700 0.4% 300
76 Mount Kisco Square Shopping Center Column $6,585,159 0.4% 300
77 Las Brisas Apartments GE Capital Access $6,564,310 0.4% 360
78 Freedom Village Shopping Center GE Capital Access $6,495,849 0.4% 360
79 Waldan Pond & Waldan Chase Apts GE Capital Access $6,446,089 0.4% 360
80 Aspen Park Apartments GE Capital Access $6,192,234 0.4% 360
81 Young Circle Shopping Center Column $6,086,963 0.4% 360
82 Sherwood Knoll Comfort Inn GE Capital Access $6,016,537 0.4% 300
83 Bridgepoint Apartments GE Capital Access $5,996,406 0.4% 360
84 Holiday Inn Center City GE Capital Access $5,994,245 0.4% 300
85 Rainbow Design Center GE Capital Access $5,846,572 0.4% 360
86 Flower Hill Professional Center (1F) Column $5,000,000 0.3% 360
87 Flower Hill McDonald's (1F) Column $800,000 0.1% 240
88 Blue Ash Hotel & Conference Center GE Capital Access $5,736,510 0.4% 300
89 Ultra Plaza Shopping Center Column $5,676,765 0.4% 360
90 Sinagua Plaza GE Capital Access $5,646,823 0.4% 360
91 Holiday Plaza GE Capital Access $5,596,800 0.4% 360
92 Olde Mill Shopping Center Column $5,487,972 0.3% 300
93 Regal Cinemas Center-Lancaster Column $5,466,243 0.3% 216
94 Temescal Business Center Column $5,330,124 0.3% 360
95 Houston Centre Column $5,200,000 0.3% 360
96 Pellcare Nursing Home Column $5,189,251 0.3% 300
97 Vista Mar Apartments Column $5,183,532 0.3% 360
98 Cherokee Shopping Center GE Capital Access $5,139,018 0.3% 300
99 Super 8 Geary Street Column $5,100,000 0.3% 240
100 Cabot Lodge - Tallahassee Column $4,988,963 0.3% 300
101 Kessel Foods Column $4,951,913 0.3% 300
102 South Pointe Apartments GE Capital Access $4,917,198 0.3% 360
103 Mesa Properties (1G) Column $3,100,000 0.2% 360
104 Wyoming Ave. and Enzie Drive Apartments (1G) Column $1,800,000 0.1% 300
105 Mervyn's Plaza GE Capital Access $4,883,862 0.3% 360
106 Bartlett Commons Column $4,847,504 0.3% 360
107 Crowley Village Shopping Center Column $4,792,990 0.3% 360
108 Tivoli Condominiums (1H) Column $2,098,758 0.1% 360
109 Cross Creek Apartments (1H) Column $1,479,124 0.1% 360
110 Tamara Hills Townhomes (1H) Column $1,069,367 0.1% 360
111 The Bell Rock Inn Column $4,635,918 0.3% 300
112 Howard Johnson Hotel Column $4,595,859 0.3% 300
113 Camelot Apartments Column $4,593,379 0.3% 360
114 Canyon Ridge MHP GE Capital Access $4,582,726 0.3% 360
115 Westlake Crossing Shopping Center GE Capital Access $4,482,137 0.3% 360
116 Days Hotel Timonium GE Capital Access $4,416,712 0.3% 300
117 Heritage Square Apartments GE Capital Access $4,397,549 0.3% 360
118 Constitution Square Column $4,392,205 0.3% 324
119 Oxford Square GE Capital Access $4,390,837 0.3% 360
120 Spring Villas GE Capital Access $4,356,224 0.3% 360
121 Sierra Point Apartments Column $4,331,319 0.3% 360
122 Menlo Avenue Office Building Column $4,294,165 0.3% 360
123 Henderson Marketplace Column $4,292,570 0.3% 240
124 Stone Creek Apartments Column $4,263,734 0.3% 360
125 Florida Avenue Apartments Column $4,191,479 0.3% 360
126 Homewood Village Shopping Center GE Capital Access $4,187,035 0.3% 360
127 Commonwealth Avenue Apartments GE Capital Access $4,179,055 0.3% 300
128 Sunrise Square Shopping Center Column $4,177,220 0.3% 300
129 Stein Mart Plaza GE Capital Access $4,157,391 0.3% 360
130 1500 Plaza Office Building Column $4,084,996 0.3% 360
131 New West Village Apartments Column $4,084,931 0.3% 360
132 Brookside Apartments GE Capital Access $4,061,787 0.3% 360
133 Vinyard Gardens GE Capital Access $4,017,864 0.3% 360
134 Hidden Bay Village Apartments Column $4,000,000 0.3% 360
135 Raintree Apartments Column $4,000,000 0.3% 360
136 The Office Centre at Dunwoody Village Column $3,997,648 0.3% 360
137 Seminary Plaza Column $3,994,825 0.3% 360
138 Longbranch Apartments GE Capital Access $3,993,973 0.3% 360
139 Market at Merrill GE Capital Access $3,950,000 0.3% 300
140 Comfort Inn - Dothan Column $3,891,660 0.2% 300
141 Wind River Office Building Column $3,875,000 0.2% 360
142 Pass Christian Village GE Capital Access $3,828,469 0.2% 300
143 Marriott Courtyard - Dothan Column $3,702,066 0.2% 300
144 Tivoli Apartments Column $3,700,000 0.2% 360
145 Sun Plaza Shopping Center GE Capital Access $3,678,412 0.2% 180
<CAPTION>
Remaining Original Remaining
Amortization Term to Stated Term to Stated
Term Maturity Maturity Mortgage Monthly
Property Name (1) (months) (months) (5) (months) (5) Rate Payment
----------------- -------- ------------ ------------ ---- -------
<S> <C> <C> <C> <C> <C>
73 Chesterfield Commons 358 120 118 7.070% $45,561
74 Plum Tree Apartments 359 120 119 6.920% $44,216
75 Meadow Central Market 298 300 298 7.280% $47,833
76 Mount Kisco Square Shopping Center 298 120 118 7.080% $46,985
77 Las Brisas Apartments 359 120 119 6.720% $42,482
78 Freedom Village Shopping Center 359 60 59 6.930% $42,940
79 Waldan Pond & Waldan Chase Apts 359 144 143 7.100% $43,346
80 Aspen Park Apartments 354 120 114 7.130% $41,926
81 Young Circle Shopping Center 357 120 117 6.900% $40,175
82 Sherwood Knoll Comfort Inn 299 180 179 7.620% $44,977
83 Bridgepoint Apartments 359 120 119 7.140% $40,484
84 Holiday Inn Center City 299 120 119 7.370% $43,833
85 Rainbow Design Center 356 120 116 7.270% $40,089
86 Flower Hill Professional Center (1F) 360 120 120 7.610% $35,338
87 Flower Hill McDonald's (1F) 240 120 120 7.610% $6,499
88 Blue Ash Hotel & Conference Center 298 120 118 7.340% $41,895
89 Ultra Plaza Shopping Center 359 120 119 7.300% $38,940
90 Sinagua Plaza 359 120 119 7.340% $38,888
91 Holiday Plaza 359 120 119 7.290% $38,354
92 Olde Mill Shopping Center 298 240 238 7.230% $39,684
93 Regal Cinemas Center-Lancaster 213 216 213 7.610% $46,834
94 Temescal Business Center 355 120 115 7.290% $36,642
95 Houston Centre 360 120 120 6.930% $34,352
96 Pellcare Nursing Home 298 120 118 7.530% $38,529
97 Vista Mar Apartments 356 120 116 7.230% $35,403
98 Cherokee Shopping Center 298 300 298 7.380% $37,657
99 Super 8 Geary Street 240 240 240 7.660% $41,586
100 Cabot Lodge - Tallahassee 298 120 118 7.180% $35,915
101 Kessel Foods 295 120 115 7.420% $36,543
102 South Pointe Apartments 359 120 119 7.300% $33,730
103 Mesa Properties (1G) 360 180 180 7.110% $20,854
104 Wyoming Ave. and Enzie Drive Apartments (1G) 300 180 180 7.110% $12,849
105 Mervyn's Plaza 356 120 116 7.030% $32,699
106 Bartlett Commons 359 180 179 7.610% $34,278
107 Crowley Village Shopping Center 358 120 118 6.970% $31,838
108 Tivoli Condominiums (1H) 359 120 119 7.180% $14,226
109 Cross Creek Apartments (1H) 359 120 119 7.180% $10,026
110 Tamara Hills Townhomes (1H) 359 120 119 7.180% $7,249
111 The Bell Rock Inn 297 120 117 7.490% $34,333
112 Howard Johnson Hotel 299 120 119 7.650% $34,444
113 Camelot Apartments 358 120 118 7.030% $30,697
114 Canyon Ridge MHP 355 120 115 7.240% $31,349
115 Westlake Crossing Shopping Center 355 180 175 6.980% $29,878
116 Days Hotel Timonium 294 120 114 7.030% $31,537
117 Heritage Square Apartments 359 300 299 7.370% $30,375
118 Constitution Square 322 120 118 7.340% $31,246
119 Oxford Square 357 120 117 7.000% $29,273
120 Spring Villas 359 120 119 6.720% $28,192
121 Sierra Point Apartments 354 120 114 7.300% $29,822
122 Menlo Avenue Office Building 358 120 118 7.270% $29,392
123 Henderson Marketplace 239 120 119 6.990% $33,312
124 Stone Creek Apartments 358 120 118 6.950% $28,265
125 Florida Avenue Apartments 357 120 117 7.100% $28,225
126 Homewood Village Shopping Center 356 120 116 7.360% $28,965
127 Commonwealth Avenue Apartments 296 120 116 7.000% $29,685
128 Sunrise Square Shopping Center 295 120 115 7.650% $31,449
129 Stein Mart Plaza 359 120 119 6.990% $27,649
130 1500 Plaza Office Building 355 120 115 7.360% $28,276
131 New West Village Apartments 355 84 79 7.340% $28,220
132 Brookside Apartments 354 120 114 7.130% $27,501
133 Vinyard Gardens 359 120 119 6.890% $26,460
134 Hidden Bay Village Apartments 360 120 120 6.940% $26,451
135 Raintree Apartments 360 120 120 6.940% $26,451
136 The Office Centre at Dunwoody Village 359 120 119 7.200% $27,152
137 Seminary Plaza 358 120 118 7.460% $27,859
138 Longbranch Apartments 358 120 118 6.840% $26,184
139 Market at Merrill 300 240 240 7.520% $29,242
140 Comfort Inn - Dothan 298 120 118 7.350% $28,441
141 Wind River Office Building 360 120 120 7.470% $27,015
142 Pass Christian Village 295 120 115 7.470% $28,376
143 Marriott Courtyard - Dothan 298 120 118 7.350% $27,056
144 Tivoli Apartments 360 120 120 6.940% $24,467
145 Sun Plaza Shopping Center 178 180 178 7.530% $34,363
<CAPTION>
Defeasance
Maturity Prepayment Provision Option
Property Name (1) Date ARD (6) as of Origination (Yes/No)
----------------- ---- ------- ----------------- --------
<S> <C> <C> <C> <C>
73 Chesterfield Commons 4/1/28 4/1/08 L (9.67), O (0.33) Yes
74 Plum Tree Apartments 5/1/28 5/1/08 L (9.75), O (0.25) Yes
75 Meadow Central Market 4/1/23 L (12), YM 1% (12.5), O (0.25) No
76 Mount Kisco Square Shopping Center 4/1/08 L (9.5), O (0.5) Yes
77 Las Brisas Apartments 5/1/28 5/1/08 5% (4), 4% (1), 3% (1), 2% (1), 1% (1), O (2) No
78 Freedom Village Shopping Center 5/1/03 L (3), 3% (1), 1% (.67), O (0.33) No
79 Waldan Pond & Waldan Chase Apts 5/1/28 5/1/10 L (3), YM 1% (8.75), O (0.25) No
80 Aspen Park Apartments 12/1/27 12/1/07 5% (4), 4% (1), 3% (1), 2% (1), 1% (1), O (2) No
81 Young Circle Shopping Center 3/1/08 L (9.5), O (0.5) Yes
82 Sherwood Knoll Comfort Inn 5/1/23 5/1/13 L (10), YM 1% (4.75), O (0.25) No
83 Bridgepoint Apartments 5/1/28 5/1/08 L (2), YM 1% (7.5), O (.50) No
84 Holiday Inn Center City 5/1/23 5/1/08 L (3), YM 1% (6.75), O (0.25) No
85 Rainbow Design Center 2/1/28 2/1/08 L (5), YM 1% (4.75), O (0.25) No
86 Flower Hill Professional Center (1F) 6/1/08 L (5), YM 1% (4.5), O (0.5) No
87 Flower Hill McDonald's (1F) 6/1/08 L (5), YM 1% (4.5), O (0.5) No
88 Blue Ash Hotel & Conference Center 4/1/23 4/1/08 L (9.67), O (0.33) Yes
89 Ultra Plaza Shopping Center 5/1/08 L (9.5), O (0.5) Yes
90 Sinagua Plaza 5/1/28 5/1/08 L (4), YM 1% (5.75), O (0.25) No
91 Holiday Plaza 5/1/28 5/1/08 L (3), YM 1% (6.75), O (0.25) No
92 Olde Mill Shopping Center 4/1/18 L (19.5), O (0.5) Yes
93 Regal Cinemas Center-Lancaster 3/1/16 L (17.5), O (0.5) Yes
94 Temescal Business Center 1/1/08 L (9.5), O (0.5) Yes
95 Houston Centre 6/1/08 L (9.5), O (0.5) Yes
96 Pellcare Nursing Home 4/1/08 L (9.5), O (0.5) Yes
97 Vista Mar Apartments 2/1/08 L (9.5), O (0.5) Yes
98 Cherokee Shopping Center 4/1/23 L (4), YM 1% (20.67), O (0.33) No
99 Super 8 Geary Street 6/1/18 L (19.5), O (0.5) Yes
100 Cabot Lodge - Tallahassee 4/1/23 4/1/08 L (9.5), O (0.5) Yes
101 Kessel Foods 1/1/08 L (9.5), O (0.5) Yes
102 South Pointe Apartments 5/1/28 5/1/08 L (5), YM 1% (4.75), O (0.25) No
103 Mesa Properties (1G) 6/1/13 L (14.5), O (0.5) Yes
104 Wyoming Ave. and Enzie Drive Apartments (1G) 6/1/13 L (14.5), O (0.5) Yes
105 Mervyn's Plaza 2/1/28 2/1/08 L (4), YM 1% (5.75), O (0.25) No
106 Bartlett Commons 5/1/13 L (14.5), O (0.5) Yes
107 Crowley Village Shopping Center 4/1/08 L (9.5), O (0.5) Yes
108 Tivoli Condominiums (1H) 5/1/08 L (9.5), O (0.5) Yes
109 Cross Creek Apartments (1H) 5/1/08 L (9.5), O (0.5) Yes
110 Tamara Hills Townhomes (1H) 5/1/08 L (9.5), O (0.5) Yes
111 The Bell Rock Inn 3/1/23 3/1/08 L (9.5), O (0.5) Yes
112 Howard Johnson Hotel 5/1/23 5/1/08 L (9.5), O (0.5) Yes
113 Camelot Apartments 4/1/08 L (9.5), O (0.5) Yes
114 Canyon Ridge MHP 1/1/28 1/1/08 L (3), YM 1% (6.75), O (0.25) No
115 Westlake Crossing Shopping Center 1/1/28 1/1/13 L (3), YM 1% (11.5), O (.5) No
116 Days Hotel Timonium 12/1/22 12/1/07 L (9.75), O (0.25) Yes
117 Heritage Square Apartments 5/1/23 L (24.75), O (0.25) Yes
118 Constitution Square 4/1/08 L (9.5), O (0.5) Yes
119 Oxford Square 3/1/28 3/1/08 L (3), YM 1% (6.75), O (0.25) No
120 Spring Villas 5/1/28 5/1/08 5% (4), 4% (1), 3% (1), 2% (1), 1% (1), O (2) No
121 Sierra Point Apartments 12/1/07 L (9.5), O (0.5) Yes
122 Menlo Avenue Office Building 4/1/08 L (9.5), O (0.5) Yes
123 Henderson Marketplace 5/1/08 L (9.5), O (0.5) Yes
124 Stone Creek Apartments 4/1/08 L (9.5), O (0.5) Yes
125 Florida Avenue Apartments 3/1/08 L (9.5), O (0.5) Yes
126 Homewood Village Shopping Center 2/1/28 3/1/08 L (3), YM 1% (6.75), O (0.25) No
127 Commonwealth Avenue Apartments 2/1/23 2/1/08 L (9.75), O (0.25) Yes
128 Sunrise Square Shopping Center 1/1/08 L (9.5), O (0.5) Yes
129 Stein Mart Plaza 5/1/28 5/1/08 L (3), YM 1% (6.75), O (0.25) No
130 1500 Plaza Office Building 1/1/08 L (9.5), O (0.5) Yes
131 New West Village Apartments 1/1/05 L (6.5), O (0.5) Yes
132 Brookside Apartments 12/1/27 12/1/07 5% (4), 4% (1), 3% (1), 2% (1), 1% (1), O (2) No
133 Vinyard Gardens 5/1/28 5/1/08 L (3), YM 1% (6.75), O (0.25) No
134 Hidden Bay Village Apartments 6/1/08 L (9.5), O (0.5) Yes
135 Raintree Apartments 6/1/08 L (9.5), O (0.5) Yes
136 The Office Centre at Dunwoody Village 5/1/08 L (9.5), O (0.5) Yes
137 Seminary Plaza 4/1/08 L (9.5), O (0.5) Yes
138 Longbranch Apartments 4/1/28 4/1/08 L (3), YM 1% (6.5), O (.5) No
139 Market at Merrill 6/1/23 6/1/18 L (10), YM 1% (9.75), O (0.25) No
140 Comfort Inn - Dothan 4/1/08 L (9.5), O (0.5) Yes
141 Wind River Office Building 6/1/08 L (9.5), O (0.5) Yes
142 Pass Christian Village 1/1/23 1/1/08 L (3), YM 1% (6.75), O (0.25) No
143 Marriott Courtyard - Dothan 4/1/08 L (9.5), O (0.5) Yes
144 Tivoli Apartments 6/1/08 L (9.5), O (0.5) Yes
145 Sun Plaza Shopping Center 4/1/13 L (6), YM 1% (8.75), O (0.25) No
</TABLE>
<PAGE>
Characteristics of the Mortgage Loans
<TABLE>
<CAPTION>
Original
Percentage of Amortization
Mortgage Loan Cut-off Date Initial Term
Property Name (1) Seller Balance (4) Pool Balance (months)
----------------- ------ ----------- ------------ --------
<S> <C> <C> <C> <C>
146 Holiday Inn Express - Washington Column $3,646,752 0.2% 300
147 Mariner Crossing Shopping Center Column $3,592,658 0.2% 360
148 Mt. Dora Marketplace GE Capital Access $3,592,405 0.2% 360
149 Aspen Village Apartments GE Capital Access $3,590,501 0.2% 360
150 Sherman Oaks Column $3,587,886 0.2% 360
151 South Plains Apartments Column $3,513,458 0.2% 360
152 Royal Oaks Apartments Column $3,506,589 0.2% 360
153 Northwinds Apartment Complex Column $3,500,000 0.2% 300
154 The Park Shopping Center GE Capital Access $3,497,949 0.2% 360
155 Lloyd Office Plaza Column $3,487,192 0.2% 360
156 Bridge Street Lodge (1I) Column $2,534,536 0.2% 180
157 P & R Building (1I) Column $894,542 0.1% 180
158 Holiday Inn - Dothan Column $3,392,729 0.2% 300
159 Hampton North Townhomes & Apartments Column $3,386,446 0.2% 360
160 Holiday Inn - Lake Havasu Column $3,381,338 0.2% 300
161 University Shoppes GE Capital Access $3,333,091 0.2% 240
162 Galleria Mall Column $3,294,578 0.2% 240
163 Park 219 Business Park GE Capital Access $3,289,375 0.2% 300
164 One Energy Square Column $3,185,813 0.2% 360
165 Orchard Plaza Shopping Center Column $3,185,813 0.2% 360
166 The Mark Mobile Home Park Column $3,182,250 0.2% 240
167 Rivershores Apartments Column $3,175,356 0.2% 360
168 Perry Hall Mini-Storage GE Capital Access $3,138,857 0.2% 240
169 Governor's Palace Column $3,095,825 0.2% 360
170 Brookhollow Apartments Column $3,088,680 0.2% 360
171 Cedarfield Plaza (1J) Column $1,547,923 0.1% 360
172 Greece Mini Storage (1J) Column $1,496,774 0.1% 300
173 Gander Mountain / JoAnn Fabrics Center Column $3,039,569 0.2% 240
174 The Colonnade at Turtle Creek Apartments Column $3,025,575 0.2% 360
175 601 Franklin Avenue Medical Building Column $3,000,000 0.2% 360
176 Valdosta Storage Rollup GE Capital Access $2,997,249 0.2% 300
177 All Aboard - Burbank GE Capital Access $2,996,503 0.2% 300
178 Brea Center Column $2,994,596 0.2% 360
179 Holiday Inn Express Column $2,991,274 0.2% 300
180 Seaport Villas GE Capital Access $2,948,178 0.2% 360
181 Park Central Office Park Column $2,944,341 0.2% 360
182 Drug Emporium Center GE Capital Access $2,898,252 0.2% 360
183 Langley Place Column $2,892,843 0.2% 336
184 Red Lion Apartments GE Capital Access $2,877,238 0.2% 300
185 The Woodlands Shopping Center Column $2,840,998 0.2% 360
186 St. Marys Plaza Column $2,832,425 0.2% 360
187 Mountain Park Pavilions II Column $2,800,000 0.2% 180
188 Shady Banks Shopping Center Column $2,798,390 0.2% 360
189 Pavilion in the Park GE Capital Access $2,775,000 0.2% 300
190 Riverview Business Plaza Column $2,748,656 0.2% 360
191 Cumberland Station Shopping Center Column $2,748,609 0.2% 360
192 509-511 Amsterdam Avenue GE Capital Access $2,748,244 0.2% 360
193 Westover Pointe Center Column $2,698,620 0.2% 360
194 Towne East Village Apartments Column $2,691,335 0.2% 360
195 Super Crown Books & LaJolla Patio Column $2,674,866 0.2% 180
196 Bent Oak Apartments Column $2,650,000 0.2% 360
197 Summit Apartments Column $2,606,462 0.2% 360
198 Jefferson Square Mall Column $2,600,000 0.2% 300
199 Sandalwood Center GE Capital Access $2,594,767 0.2% 300
200 Encino Village Center GE Capital Access $2,585,729 0.2% 300
201 Willamette Terrace GE Capital Access $2,551,182 0.2% 360
202 4 Hartwell Place Column $2,547,543 0.2% 300
203 79 Worth Street GE Capital Access $2,544,466 0.2% 360
204 Stewart Creek Shopping Center Column $2,542,571 0.2% 360
205 Plantation Village Shopping Center GE Capital Access $2,536,796 0.2% 300
206 Lookout Ridge Apartments Column $2,500,000 0.2% 360
207 Orangethorpe Beach Shopping Center Column $2,498,679 0.2% 360
208 Orchard Supply GE Capital Access $2,492,636 0.2% 180
209 Waterford Village Shopping Center Column $2,492,246 0.2% 300
210 Governor's Terrace GE Capital Access $2,464,481 0.2% 360
211 Esplanade Mini-Storage GE Capital Access $2,442,371 0.2% 300
212 Sterling Industrial Park Column $2,400,000 0.2% 300
213 Mabelvale Plaza GE Capital Access $2,400,000 0.2% 300
214 Woodlawn Village Shopping Center Column $2,318,602 0.1% 360
215 Bolton-Moore's Mill Shopping Center Column $2,298,796 0.1% 360
216 Omni Plaza Shopping Center Column $2,298,698 0.1% 360
217 Shield Street Plaza Column $2,288,316 0.1% 300
218 Viewmont Estates Mobile Home Park GE Capital Access $2,248,614 0.1% 360
<CAPTION>
Remaining Original Remaining
Amortization Term to Stated Term to Stated
Term Maturity Maturity Mortgage Monthly
Property Name (1) (months) (months) (5) (months) (5) Rate Payment
----------------- -------- ------------ ------------ ---- -------
<S> <C> <C> <C> <C> <C>
146 Holiday Inn Express - Washington 299 120 119 7.700% $27,450
147 Mariner Crossing Shopping Center 357 120 117 7.080% $24,145
148 Mt. Dora Marketplace 357 120 117 6.950% $23,830
149 Aspen Village Apartments 351 120 111 7.980% $26,461
150 Sherman Oaks 356 120 116 6.920% $23,758
151 South Plains Apartments 356 84 80 7.060% $23,594
152 Royal Oaks Apartments 355 120 115 7.430% $24,444
153 Northwinds Apartment Complex 300 120 120 7.640% $26,184
154 The Park Shopping Center 359 120 119 7.210% $23,781
155 Lloyd Office Plaza 355 120 115 7.360% $24,138
156 Bridge Street Lodge (1I) 178 180 178 7.490% $23,624
157 P & R Building (1I) 178 180 178 7.490% $8,338
158 Holiday Inn - Dothan 298 120 118 7.350% $24,795
159 Hampton North Townhomes & Apartments 355 120 115 6.960% $22,529
160 Holiday Inn - Lake Havasu 295 120 115 7.580% $25,303
161 University Shoppes 237 240 237 7.480% $26,946
162 Galleria Mall 239 120 119 7.320% $26,223
163 Park 219 Business Park 297 120 117 7.180% $23,704
164 One Energy Square 353 120 113 7.910% $23,280
165 Orchard Plaza Shopping Center 353 120 113 7.910% $23,280
166 The Mark Mobile Home Park 237 84 81 6.810% $24,446
167 Rivershores Apartments 358 120 118 6.970% $21,093
168 Perry Hall Mini-Storage 234 120 114 7.220% $25,037
169 Governor's Palace 358 120 118 7.300% $21,253
170 Brookhollow Apartments 355 120 115 7.370% $21,400
171 Cedarfield Plaza (1J) 358 120 118 7.320% $10,647
172 Greece Mini Storage (1J) 298 120 118 7.320% $10,910
173 Gander Mountain / JoAnn Fabrics Center 238 120 118 7.490% $24,552
174 The Colonnade at Turtle Creek Apartments 358 120 118 6.970% $20,098
175 601 Franklin Avenue Medical Building 360 120 120 7.270% $20,506
176 Valdosta Storage Rollup 299 120 119 7.570% $22,307
177 All Aboard - Burbank 299 120 119 7.360% $21,897
178 Brea Center 357 120 117 7.540% $21,059
179 Holiday Inn Express 297 120 117 7.690% $22,542
180 Seaport Villas 359 120 119 7.040% $19,706
181 Park Central Office Park 357 120 117 7.310% $20,244
182 Drug Emporium Center 359 120 119 7.120% $19,528
183 Langley Place 333 120 117 7.080% $19,862
184 Red Lion Apartments 299 300 299 7.370% $21,040
185 The Woodlands Shopping Center 355 120 115 7.460% $19,850
186 St. Marys Plaza 356 120 116 7.360% $19,586
187 Mountain Park Pavilions II 180 180 180 7.340% $25,702
188 Shady Banks Shopping Center 359 120 119 7.270% $19,139
189 Pavilion in the Park 300 240 240 7.520% $20,543
190 Riverview Business Plaza 359 120 119 7.760% $19,720
191 Cumberland Station Shopping Center 359 120 119 7.660% $19,531
192 509-511 Amsterdam Avenue 359 120 119 6.930% $18,167
193 Westover Pointe Center 359 120 119 7.630% $19,120
194 Towne East Village Apartments 355 120 115 7.400% $18,694
195 Super Crown Books & LaJolla Patio 177 180 177 7.260% $24,663
196 Bent Oak Apartments 360 120 120 6.940% $17,524
197 Summit Apartments 358 120 118 7.270% $17,840
198 Jefferson Square Mall 300 120 120 7.540% $19,281
199 Sandalwood Center 298 120 118 7.670% $19,502
200 Encino Village Center 295 120 115 7.580% $19,349
201 Willamette Terrace 356 120 116 6.800% $16,689
202 4 Hartwell Place 299 120 119 7.350% $18,596
203 79 Worth Street 357 120 117 6.840% $16,692
204 Stewart Creek Shopping Center 355 180 175 7.760% $18,286
205 Plantation Village Shopping Center 295 84 79 7.920% $19,546
206 Lookout Ridge Apartments 360 120 120 7.100% $16,801
207 Orangethorpe Beach Shopping Center 359 120 119 7.530% $17,532
208 Orchard Supply 179 180 179 7.050% $22,541
209 Waterford Village Shopping Center 297 120 117 7.370% $18,264
210 Governor's Terrace 359 180 179 7.050% $16,489
211 Esplanade Mini-Storage 297 120 117 7.350% $17,867
212 Sterling Industrial Park 300 120 120 7.370% $17,533
213 Mabelvale Plaza 300 120 120 7.230% $17,316
214 Woodlawn Village Shopping Center 359 120 119 7.120% $15,622
215 Bolton-Moore's Mill Shopping Center 359 120 119 7.560% $16,177
216 Omni Plaza Shopping Center 359 120 119 7.320% $15,799
217 Shield Street Plaza 295 120 115 7.560% $17,087
218 Viewmont Estates Mobile Home Park 359 180 179 7.050% $15,045
<CAPTION>
Defeasance
Maturity Prepayment Provision Option
Property Name (1) Date ARD (6) as of Origination (Yes/No)
----------------- ---- ------- ----------------- --------
<S> <C> <C> <C> <C>
146 Holiday Inn Express - Washington 5/1/08 L (9.5), O (0.5) Yes
147 Mariner Crossing Shopping Center 3/1/08 L (9.5), O (0.5) Yes
148 Mt. Dora Marketplace 3/1/28 3/1/08 L (3), YM 1% (6.75), O (0.25) No
149 Aspen Village Apartments 9/1/27 9/1/07 L (3), YM 1% (6.75), O (0.25) No
150 Sherman Oaks 2/1/08 L (9.5), O (0.5) Yes
151 South Plains Apartments 2/1/05 L (5), O (2) Yes
152 Royal Oaks Apartments 1/1/08 L (9.5), O (0.5) Yes
153 Northwinds Apartment Complex 6/1/08 L (9.5), O (0.5) Yes
154 The Park Shopping Center 5/1/28 5/1/08 L (3), YM 1% (6.75), O (0.25) No
155 Lloyd Office Plaza 1/1/08 L (9.5), O (0.5) Yes
156 Bridge Street Lodge (1I) 4/1/13 L (14.5), O (0.5) Yes
157 P & R Building (1I) 4/1/13 L (14.5), O (0.5) Yes
158 Holiday Inn - Dothan 4/1/08 L (9.5), O (0.5) Yes
159 Hampton North Townhomes & Apartments 1/1/08 L (9.5), O (0.5) Yes
160 Holiday Inn - Lake Havasu 1/1/23 1/1/08 L (9.5), O (0.5) Yes
161 University Shoppes 3/1/18 L (7), YM 1% (12.75), O (0.25) No
162 Galleria Mall 5/1/08 L (9.5), O (0.5) Yes
163 Park 219 Business Park 3/1/23 3/1/08 L (4), YM 1% (5.75), O (0.25) No
164 One Energy Square 11/1/07 L (5), YM 1% (4.5), O (0.5) No
165 Orchard Plaza Shopping Center 11/1/07 L (5), YM 1% (4.5), O (0.5) No
166 The Mark Mobile Home Park 3/1/05 L (6.5), O (0.5) Yes
167 Rivershores Apartments 4/1/08 L (9.5), O (0.5) Yes
168 Perry Hall Mini-Storage 12/1/17 12/1/07 L (9.75), O (0.25) Yes
169 Governor's Palace 4/1/08 L (9.5), O (0.5) Yes
170 Brookhollow Apartments 1/1/08 L (9.5), O (0.5) Yes
171 Cedarfield Plaza (1J) 4/1/08 L (9.5), O (0.5) Yes
172 Greece Mini Storage (1J) 4/1/08 L (9.5), O (0.5) Yes
173 Gander Mountain / JoAnn Fabrics Center 4/1/08 L (9.5), O (0.5) Yes
174 The Colonnade at Turtle Creek Apartments 4/1/08 L (9.5), O (0.5) Yes
175 601 Franklin Avenue Medical Building 6/1/08 L (9.5), O (0.5) Yes
176 Valdosta Storage Rollup 5/1/23 5/1/08 L (5), YM 1% (4.75), O (0.25) No
177 All Aboard - Burbank 5/1/23 5/1/08 L (5), YM 1% (4.75), O (0.25) No
178 Brea Center 3/1/08 L (9.5), O (0.5) Yes
179 Holiday Inn Express 3/1/23 3/1/08 L (9.5), O (0.5) Yes
180 Seaport Villas 5/1/28 5/1/08 L (9.75), O (0.25) Yes
181 Park Central Office Park 3/1/08 L (9.5), O (0.5) Yes
182 Drug Emporium Center 5/1/28 5/1/08 L (4), YM 1% (5.67), O (0.33) No
183 Langley Place 3/1/08 L (9.5), O (0.5) Yes
184 Red Lion Apartments 5/1/23 L (24.75), O (0.25) Yes
185 The Woodlands Shopping Center 1/1/08 L (9.5), O (0.5) Yes
186 St. Marys Plaza 2/1/08 L (9.5), O (0.5) Yes
187 Mountain Park Pavilions II 6/1/13 L (14.5), O (0.5) Yes
188 Shady Banks Shopping Center 5/1/08 L (5), YM 1% (4.5), O (0.5) No
189 Pavilion in the Park 6/1/23 6/1/18 L (10), YM 1% (9.75), O (0.25) No
190 Riverview Business Plaza 5/1/08 L (9.5), O (0.5) Yes
191 Cumberland Station Shopping Center 5/1/08 L (9.5), O (0.5) Yes
192 509-511 Amsterdam Avenue 5/1/23 5/1/08 L (4), YM 1% (5.75), O (0.25) No
193 Westover Pointe Center 5/1/08 L (9.5), O (0.5) Yes
194 Towne East Village Apartments 1/1/08 L (9.5), O (0.5) Yes
195 Super Crown Books & LaJolla Patio 3/1/13 L (14.5), O (0.5) Yes
196 Bent Oak Apartments 6/1/08 L (9.5), O (0.5) Yes
197 Summit Apartments 4/1/08 L (9.5), O (0.5) Yes
198 Jefferson Square Mall 6/1/08 L (9.5), O (0.5) Yes
199 Sandalwood Center 4/1/23 4/1/08 L (4), YM 1% (5.75), O (0.25) No
200 Encino Village Center 1/1/23 1/1/08 L (4), YM 1% (5.75), O (0.25) No
201 Willamette Terrace 2/1/28 2/1/08 L (5), YM 1% (4.75), O (0.25) No
202 4 Hartwell Place 5/1/08 L (9.5), O (0.5) Yes
203 79 Worth Street 3/1/28 3/1/08 L (5), YM 1% (4.75), O (0.25) No
204 Stewart Creek Shopping Center 1/1/13 L (8), YM 1% (4), O (3) No
205 Plantation Village Shopping Center 1/1/23 1/1/05 L (3), YM 1% (3.75), O (0.25) No
206 Lookout Ridge Apartments 6/1/08 L (9.5), O (0.5) Yes
207 Orangethorpe Beach Shopping Center 5/1/08 L (9.5), O (0.5) Yes
208 Orchard Supply 5/1/13 L (4), YM 1% (10.67), O (0.33) No
209 Waterford Village Shopping Center 3/1/08 L (9.5), O (0.5) Yes
210 Governor's Terrace 5/1/13 L (4), YM 1% (10.75), O (0.25) No
211 Esplanade Mini-Storage 3/1/23 3/1/08 L (4), YM 1% (5.75), O (0.25) No
212 Sterling Industrial Park 6/1/08 L (9.5), O (0.5) Yes
213 Mabelvale Plaza 6/1/23 6/1/08 L (3), YM 1% (6.67), O (0.33) No
214 Woodlawn Village Shopping Center 5/1/08 L (9.5), O (0.5) Yes
215 Bolton-Moore's Mill Shopping Center 5/1/08 L (9.5), O (0.5) Yes
216 Omni Plaza Shopping Center 5/1/08 L (9.5), O (0.5) Yes
217 Shield Street Plaza 1/1/08 L (10) Yes
218 Viewmont Estates Mobile Home Park 5/1/28 5/1/13 L (4), YM 1% (10.75), O (0.25) No
</TABLE>
<PAGE>
Characteristics of the Mortgage Loans
<TABLE>
<CAPTION>
Original
Percentage of Amortization
Mortgage Loan Cut-off Date Initial Term
Property Name (1) Seller Balance (4) Pool Balance (months)
----------------- ------ ----------- ------------ --------
<S> <C> <C> <C> <C>
219 1731-1751 Washington Street GE Capital Access $2,200,000 0.1% 300
220 Penninsula Professional Building Column $2,198,775 0.1% 360
221 Creekside Mobile Estates Column $2,196,867 0.1% 360
222 Alexandria Square Column $2,167,016 0.1% 180
223 Advo Building Column $2,148,841 0.1% 360
224 White Pines Plaza GE Capital Access $2,115,925 0.1% 360
225 North Shore Estates GE Capital Access $2,098,711 0.1% 360
226 River's Edge Apartments Column $2,096,004 0.1% 360
227 109-111 Grant Avenue Column $2,095,796 0.1% 360
228 Royal Oaks Senior Community Park Column $2,094,128 0.1% 360
229 Parker Marketplace Phase II Column $2,078,819 0.1% 360
230 Summer Creek Apartments Column $2,060,000 0.1% 360
231 Robarts Mobile Home Park GE Capital Access $2,046,984 0.1% 360
232 Woodcrest Townhome Apartments Column $2,000,000 0.1% 240
233 Planters Trace GE Capital Access $1,998,661 0.1% 360
234 Stone Oak Apartments Column $1,997,046 0.1% 360
235 Hidden Hills Mobile Home Park Column $1,995,626 0.1% 360
236 Tiger Mart Column $1,995,037 0.1% 180
237 Park Lane Terrace Apartments Column $1,994,058 0.1% 360
238 Quail Hollow Business Park Column $1,993,967 0.1% 300
239 Campus Square Apartments Column $1,993,907 0.1% 300
240 Bridgeport Professional Building Column $1,993,797 0.1% 300
241 Brigham's Landing Shopping Center Column $1,991,511 0.1% 300
242 Boulevard Shoppes II GE Capital Access $1,989,905 0.1% 240
243 The Clusters Apartments Column $1,987,631 0.1% 180
244 Fairfield Inn - Dothan Column $1,983,803 0.1% 300
245 Valley Manor Column $1,946,176 0.1% 300
246 Sunrise Village Apartments Column $1,941,676 0.1% 300
247 Ridgewood Apartments GE Capital Access $1,900,000 0.1% 360
248 Bella Vista Terrace GE Capital Access $1,898,826 0.1% 360
249 Ramada Limited Column $1,898,305 0.1% 300
250 Secluded Oaks Villas Apartments Column $1,897,405 0.1% 360
251 Colonial Mobile Home Park Column $1,891,829 0.1% 300
252 Plaza North Medical Building Column $1,823,190 0.1% 300
253 Camelot Apartments GE Capital Access $1,807,976 0.1% 360
254 Northlake Quadrangle Column $1,797,991 0.1% 300
255 Gordon Street Apartments GE Capital Access $1,797,346 0.1% 360
256 Northgate Apartments GE Capital Access $1,795,862 0.1% 300
257 Sepulveda Crest Apartments Column $1,794,779 0.1% 360
258 Morningstar Mini-Storage GE Capital Access $1,743,781 0.1% 240
259 Chateaux Verde Apartments Column $1,742,232 0.1% 300
260 Homestead Corner Shopping Center Column $1,707,954 0.1% 360
261 Lake Villa Apartments Column $1,697,609 0.1% 360
262 F & H Warehouse Column $1,685,255 0.1% 180
263 Avian Plaza Shopping Center Column $1,648,718 0.1% 324
264 Port Orchard Mini Storage GE Capital Access $1,648,445 0.1% 300
265 Sequoia Grove Apartments GE Capital Access $1,626,427 0.1% 360
266 Emerald Park Apartments Column $1,597,369 0.1% 360
267 The Miller Center Column $1,597,174 0.1% 240
268 Rancho San Diego Town & Country GE Capital Access $1,594,320 0.1% 360
269 French Quarters East Apartments Column $1,550,000 0.1% 360
270 The Forest Apartments Column $1,540,000 0.1% 360
271 Oakhill Apartments GE Capital Access $1,520,000 0.1% 360
272 STOR-N-LOCK Column $1,498,503 0.1% 300
273 Autumn Ridge Apartments GE Capital Access $1,491,294 0.1% 300
274 Hyde Park GE Capital Access $1,465,568 0.1% 144
275 701 Franklin Center GE Capital Access $1,456,177 0.1% 300
276 Savoy Condominiums Column $1,420,269 0.1% 360
277 Meriden East Apartments GE Capital Access $1,416,840 0.1% 300
278 Tradewinds Apartments Column $1,400,000 0.1% 360
279 Courtyard Plaza Column $1,400,000 0.1% 300
280 Regency Manor Apartments Column $1,399,208 0.1% 360
281 Hood Chalet Mobile Estates GE Capital Access $1,398,630 0.1% 300
282 Mauna Kea Apartments Column $1,396,209 0.1% 360
283 Deer Creek Apartments GE Capital Access $1,329,283 0.1% 360
284 Evergreen Place Condominiums Column $1,315,732 0.1% 360
285 Autumn Creek Apartments Column $1,267,850 0.1% 360
286 Midtown at Main Column $1,234,417 0.1% 252
287 Park Place Center GE Capital Access $1,225,099 0.1% 300
288 International Self Storage GE Capital Access $1,197,443 0.1% 300
289 Villa Catalina Apartments Column $1,170,000 0.1% 360
290 Loc-'N-Stor Self Storage GE Capital Access $1,123,969 0.1% 300
291 Timberline Mobile Home Park Column $1,100,000 0.1% 300
<CAPTION>
Remaining Original Remaining
Amortization Term to Stated Term to Stated
Term Maturity Maturity Mortgage Monthly
Property Name (1) (months) (months) (5) (months) (5) Rate Payment
----------------- -------- ------------ ------------ ---- -------
<S> <C> <C> <C> <C> <C>
219 1731-1751 Washington Street 300 120 120 7.080% $15,662
220 Penninsula Professional Building 359 120 119 7.370% $15,187
221 Creekside Mobile Estates 358 120 118 7.070% $14,740
222 Alexandria Square 178 120 118 7.310% $19,974
223 Advo Building 359 120 119 7.470% $14,989
224 White Pines Plaza 356 120 116 6.970% $14,082
225 North Shore Estates 359 120 119 7.060% $14,056
226 River's Edge Apartments 357 120 117 7.340% $14,454
227 109-111 Grant Avenue 357 120 117 7.150% $14,184
228 Royal Oaks Senior Community Park 356 120 116 7.170% $14,212
229 Parker Marketplace Phase II 359 120 119 7.310% $14,274
230 Summer Creek Apartments 360 120 120 6.940% $13,622
231 Robarts Mobile Home Park 358 120 118 6.940% $13,556
232 Woodcrest Townhome Apartments 240 120 120 6.950% $15,446
233 Planters Trace 359 120 119 6.770% $12,999
234 Stone Oak Apartments 358 120 118 6.920% $13,199
235 Hidden Hills Mobile Home Park 357 120 117 6.810% $13,052
236 Tiger Mart 179 180 179 8.670% $19,895
237 Park Lane Terrace Apartments 356 84 80 6.920% $13,199
238 Quail Hollow Business Park 297 120 117 7.510% $14,793
239 Campus Square Apartments 297 180 177 7.460% $14,728
240 Bridgeport Professional Building 297 120 117 7.370% $14,611
241 Brigham's Landing Shopping Center 296 120 116 7.420% $14,676
242 Boulevard Shoppes II 237 240 237 7.480% $16,087
243 The Clusters Apartments 178 120 118 6.910% $17,876
244 Fairfield Inn - Dothan 297 120 117 7.350% $14,512
245 Valley Manor 298 120 118 7.800% $14,793
246 Sunrise Village Apartments 296 120 116 7.390% $14,271
247 Ridgewood Apartments 360 120 120 7.170% $12,858
248 Bella Vista Terrace 359 120 119 7.040% $12,692
249 Ramada Limited 299 120 119 7.690% $14,276
250 Secluded Oaks Villas Apartments 358 120 118 7.240% $12,948
251 Colonial Mobile Home Park 296 120 116 7.350% $13,856
252 Plaza North Medical Building 299 120 119 7.220% $13,156
253 Camelot Apartments 359 120 119 7.340% $12,458
254 Northlake Quadrangle 299 120 119 7.630% $13,454
255 Gordon Street Apartments 358 120 118 6.930% $11,891
256 Northgate Apartments 298 120 118 6.960% $12,676
257 Sepulveda Crest Apartments 356 119 115 7.020% $12,000
258 Morningstar Mini-Storage 238 240 238 7.210% $13,789
259 Chateaux Verde Apartments 296 180 176 7.180% $12,570
260 Homestead Corner Shopping Center 358 180 178 7.760% $12,262
261 Lake Villa Apartments 358 120 118 7.120% $11,447
262 F & H Warehouse 177 180 177 7.530% $15,788
263 Avian Plaza Shopping Center 323 120 119 7.360% $11,739
264 Port Orchard Mini Storage 299 120 119 7.450% $12,140
265 Sequoia Grove Apartments 357 120 117 6.800% $10,626
266 Emerald Park Apartments 358 120 118 7.000% $10,645
267 The Miller Center 239 120 119 7.680% $13,066
268 Rancho San Diego Town & Country 355 144 139 7.500% $11,187
269 French Quarters East Apartments 360 120 120 7.070% $10,385
270 The Forest Apartments 360 120 120 6.940% $10,184
271 Oakhill Apartments 360 120 120 6.930% $10,041
272 STOR-N-LOCK 299 120 119 7.190% $10,784
273 Autumn Ridge Apartments 295 60 55 7.250% $10,842
274 Hyde Park 143 144 143 8.370% $16,699
275 701 Franklin Center 295 120 115 7.460% $10,770
276 Savoy Condominiums 355 120 115 7.270% $9,740
277 Meriden East Apartments 295 60 55 7.330% $10,374
278 Tradewinds Apartments 360 120 120 6.940% $9,258
279 Courtyard Plaza 300 120 120 7.220% $10,092
280 Regency Manor Apartments 359 120 119 7.320% $9,617
281 Hood Chalet Mobile Estates 299 180 179 7.280% $10,146
282 Mauna Kea Apartments 356 120 116 7.300% $9,598
283 Deer Creek Apartments 359 300 299 7.470% $9,272
284 Evergreen Place Condominiums 358 120 118 7.310% $9,041
285 Autumn Creek Apartments 357 120 117 7.760% $9,107
286 Midtown at Main 249 120 117 7.550% $9,824
287 Park Place Center 295 120 115 7.460% $9,072
288 International Self Storage 298 120 118 7.370% $8,767
289 Villa Catalina Apartments 360 120 120 7.120% $7,879
290 Loc-'N-Stor Self Storage 299 120 119 7.570% $8,365
291 Timberline Mobile Home Park 300 120 120 7.210% $7,923
<CAPTION>
Defeasance
Maturity Prepayment Provision Option
Property Name (1) Date ARD (6) as of Origination (Yes/No)
----------------- ---- ------- ----------------- --------
<S> <C> <C> <C> <C>
219 1731-1751 Washington Street 6/1/08 6/1/08 L (9.75), O (0.25) Yes
220 Penninsula Professional Building 5/1/08 L (5), YM 1% (3), O (2) No
221 Creekside Mobile Estates 4/1/08 L (9.5), O (0.5) Yes
222 Alexandria Square 4/1/08 L (5), YM 1% (4.5), O (0.5) No
223 Advo Building 5/1/08 L (9.5), O (0.5) Yes
224 White Pines Plaza 2/1/28 2/1/08 L (3), YM 1% (6.75), O (0.25) No
225 North Shore Estates 5/1/28 5/1/08 L (4), YM 1% (5.67), O (0.33) No
226 River's Edge Apartments 3/1/08 L (5), YM 1% (4.5), O (0.5) No
227 109-111 Grant Avenue 3/1/08 L (9.5), O (0.5) Yes
228 Royal Oaks Senior Community Park 2/1/08 L (9.5), O (0.5) Yes
229 Parker Marketplace Phase II 5/1/08 L (9.5), O (0.5) Yes
230 Summer Creek Apartments 6/1/08 L (9.5), O (0.5) Yes
231 Robarts Mobile Home Park 4/1/28 4/1/08 L (5), YM 1% (4.75), O (0.25) No
232 Woodcrest Townhome Apartments 6/1/08 L (9.5), O (0.5) Yes
233 Planters Trace 5/1/28 5/1/08 L (3), YM 1% (6.67), O (0.33) No
234 Stone Oak Apartments 4/1/08 L (9.5), O (0.5) Yes
235 Hidden Hills Mobile Home Park 3/1/08 L (9.5), O (0.5) Yes
236 Tiger Mart 5/1/13 L (9.5), O (5.5) Yes
237 Park Lane Terrace Apartments 2/1/05 L (5), O (2) Yes
238 Quail Hollow Business Park 3/1/08 L (9.5), O (0.5) Yes
239 Campus Square Apartments 3/1/13 L (14.5), O (0.5) Yes
240 Bridgeport Professional Building 3/1/08 L (9.5), O (0.5) Yes
241 Brigham's Landing Shopping Center 2/1/08 L (9.5), O (0.5) Yes
242 Boulevard Shoppes II 3/1/18 L (7), YM 1% (12.75), O (0.25) No
243 The Clusters Apartments 4/1/08 L (3), YM 1% (6.5), O (0.5) No
244 Fairfield Inn - Dothan 4/1/08 L (9.5), O (0.5) Yes
245 Valley Manor 4/1/08 L (9.5), O (0.5) Yes
246 Sunrise Village Apartments 2/1/08 L (2.3), YM 1% (7.2), O (0.5) No
247 Ridgewood Apartments 6/1/23 6/1/08 L (9.75), O (0.25) Yes
248 Bella Vista Terrace 5/1/28 5/1/08 L (9.75), O (0.25) Yes
249 Ramada Limited 5/1/23 5/1/08 L (9.5), O (0.5) Yes
250 Secluded Oaks Villas Apartments 4/1/08 L (9.5), O (0.5) Yes
251 Colonial Mobile Home Park 2/1/08 L (9.5), O (0.5) Yes
252 Plaza North Medical Building 5/1/08 L (9.5), O (0.5) Yes
253 Camelot Apartments 5/1/28 5/1/08 L (9.75), O (0.25) Yes
254 Northlake Quadrangle 5/1/08 L (9.5), O (0.5) Yes
255 Gordon Street Apartments 4/1/28 4/1/08 L (9.75), O (0.25) Yes
256 Northgate Apartments 4/1/23 4/1/08 L (4), YM 1% (5.75), O (0.25) No
257 Sepulveda Crest Apartments 1/14/08 L (9.42), O (0.5) Yes
258 Morningstar Mini-Storage 4/1/18 L (3), YM 1% (16.75), O (0.25) No
259 Chateaux Verde Apartments 2/1/13 L (14.5), O (0.5) Yes
260 Homestead Corner Shopping Center 4/1/13 L (14.25), O (0.75) Yes
261 Lake Villa Apartments 4/1/08 L (9.5), O (0.5) Yes
262 F & H Warehouse 3/1/13 L (14.5), O (0.5) Yes
263 Avian Plaza Shopping Center 5/1/08 L (9.5), O (0.5) Yes
264 Port Orchard Mini Storage 5/1/23 5/1/08 L (4), YM 1% (5.75), O (0.25) No
265 Sequoia Grove Apartments 3/1/08 L (5), YM 1% (4.5), O (.5) No
266 Emerald Park Apartments 4/1/08 L (9.5), O (0.5) Yes
267 The Miller Center 5/1/08 L (9.5), O (0.5) Yes
268 Rancho San Diego Town & Country 1/1/28 1/1/10 L (4), YM 1% (7.75), O (0.25) No
269 French Quarters East Apartments 6/1/08 L (9.5), O (0.5) Yes
270 The Forest Apartments 6/1/08 L (9.5), O (0.5) Yes
271 Oakhill Apartments 6/1/28 6/1/08 L (3), YM 1% (6.67), O (0.33) No
272 STOR-N-LOCK 5/1/08 L (9.5), O (0.5) Yes
273 Autumn Ridge Apartments 1/1/23 1/1/03 L (3), YM 1% (1.75), O (0.25) No
274 Hyde Park 2/1/12 L (10), YM 1% (1.75), O (0.25) No
275 701 Franklin Center 1/1/23 1/1/08 L (3), YM 1% (6.75), O (0.25) No
276 Savoy Condominiums 12/23/07 L (9.5), O (0.5) Yes
277 Meriden East Apartments 1/1/23 1/1/03 L (3), YM 1% (1.75), O (0.25) No
278 Tradewinds Apartments 6/1/08 L (9.5), O (0.5) Yes
279 Courtyard Plaza 6/1/08 L (9.5), O (0.5) Yes
280 Regency Manor Apartments 5/1/08 L (9.5), O (0.5) Yes
281 Hood Chalet Mobile Estates 5/1/23 5/1/13 L (4), YM 1% (10.75), O (0.25) No
282 Mauna Kea Apartments 2/1/08 L (9.5), O (0.5) Yes
283 Deer Creek Apartments 5/1/23 L (4), YM 1% (20.75), O (0.25) No
284 Evergreen Place Condominiums 4/1/08 L (9.5), O (0.5) Yes
285 Autumn Creek Apartments 3/1/08 L (9.5), O (0.5) Yes
286 Midtown at Main 3/1/08 L (9.5), O (0.5) Yes
287 Park Place Center 1/1/23 1/1/08 L (3), YM 1% (6.75), O (0.25) No
288 International Self Storage 4/1/23 4/1/08 L (5), YM 1% (4.75), O (0.25) No
289 Villa Catalina Apartments 6/1/08 L (9.5), O (0.5) Yes
290 Loc-'N-Stor Self Storage 5/1/23 5/1/08 L (4), YM 1% (5.75), O (0.25) No
291 Timberline Mobile Home Park 6/1/08 L (9.5), O (0.5) Yes
</TABLE>
<PAGE>
Characteristics of the Mortgage Loans
<TABLE>
<CAPTION>
Original
Percentage of Amortization
Mortgage Loan Cut-off Date Initial Term
Property Name (1) Seller Balance (4) Pool Balance (months)
----------------- ------ ----------- ------------ --------
<S> <C> <C> <C> <C>
292 Rancho Villa Column $1,099,393 0.1% 360
293 Timberland Ridge Apartments Column $1,097,524 0.1% 300
294 Leewood Apartments Column $1,096,367 0.1% 360
295 Glen Mark Apartments Column $1,024,376 0.1% 360
296 Pinecroft Mobile Home Park Column $1,000,000 0.1% 300
297 Eckerds Drugstore Column $993,622 0.1% 216
298 Eastern Promenade Apartments Column $957,863 0.1% 300
299 Belle Meade Apartments Column $878,804 0.1% 360
300 Riverview Plaza II Column $783,233 0.0% 300
301 Westmoreland Warehouse Column $573,043 0.0% 240
------------------------------------------------
Total/Weighted Average: $1,572,629,582 100.0% 336.2764218
================================================
Maximum: $94,602,208 6.0% 360
Minimum: $573,043 0.0% 144
<CAPTION>
Remaining Original Remaining
Amortization Term to Stated Term to Stated
Term Maturity Maturity Mortgage Monthly
Property Name (1) (months) (months) (5) (months) (5) Rate Payment
----------------- -------- ------------ ------------ ---- -------
<S> <C> <C> <C> <C> <C>
292 Rancho Villa 359 120 119 7.400% $7,616
293 Timberland Ridge Apartments 298 120 118 7.070% $7,824
294 Leewood Apartments 355 120 115 7.290% $7,534
295 Glen Mark Apartments 359 120 119 7.090% $6,881
296 Pinecroft Mobile Home Park 300 120 120 7.210% $7,202
297 Eckerds Drugstore 213 216 213 7.300% $8,331
298 Eastern Promenade Apartments 298 120 118 7.130% $6,865
299 Belle Meade Apartments 358 120 118 7.260% $6,009
300 Riverview Plaza II 298 120 118 7.070% $5,583
301 Westmoreland Warehouse 238 120 118 7.520% $4,639
-----------------------------------------------------------------------------
Total/Weighted Average: 333.7117875 134.8601579 132.29552 7.217% $11,027,784
=============================================================================
Maximum: 360 300 299 8.860% $628,851
Minimum: 143 60 55 6.650% $4,639
<CAPTION>
Defeasance
Maturity Prepayment Provision Option
Property Name (1) Date ARD (6) as of Origination (Yes/No)
----------------- ---- ------- ----------------- --------
<S> <C> <C> <C> <C>
292 Rancho Villa 5/1/08 L (9.5), O (0.5) Yes
293 Timberland Ridge Apartments 4/1/08 L (9.5), O (0.5) Yes
294 Leewood Apartments 1/1/08 L (9.5), O (0.5) Yes
295 Glen Mark Apartments 5/1/08 L (9.5), O (0.5) Yes
296 Pinecroft Mobile Home Park 6/1/08 L (9.5), O (0.5) Yes
297 Eckerds Drugstore 3/1/16 L (17.5), O (0.5) Yes
298 Eastern Promenade Apartments 4/1/08 L (9.5), O (0.5) Yes
299 Belle Meade Apartments 4/1/08 L (9.5), O (0.5) Yes
300 Riverview Plaza II 4/1/08 L (9.5), O (0.5) Yes
301 Westmoreland Warehouse 4/1/08 L (9.5), O (0.5) Yes
---------
Total/Weighted Average: 10/14/18
=========
Maximum: 6/1/28
Minimum: 5/1/03
</TABLE>
(1A) The Mortgage Loans secured by Raritan Plaza I and Raritan Center
Industrial Portfolio, respectively, are cross-collateralized and
cross-defaulted.
(1B) The Mortgage Loans secured by Holiday Inn - Jacksonville Airport and
Courtyard by Marriott, respectively, are cross-collateralized and
cross-defaulted.
(1C) The Mortgage Loans secured by Courtyard by Marriott - Pensacola,
Courtyard by Marriott - Tuscaloosa, Fairfield Inn - Pensacola, Fairfield
Inn - Birmingham and Fairfield Inn - Tuscaloosa, respectively, are
cross-collateralized and cross-defaulted.
(1D) The Mortgage Loans secured by Royal Plaza Hotel - Marlborough and Royal
Plaza Hotel- Fitchburg, respectively, are cross-collateralized and
cross-defaulted.
(1E) The Mortgage Loans secured by Highland Pavilion Shopping Center and
Highland Pavilion Cinema, respectively, are cross-collateralized and
cross-defaulted.
(1F) The Mortgage Loans secured by Flower Hill Professional Center and Flower
Hill McDonald's, respectively, are cross-collateralized and
cross-defaulted.
(1G) The Mortgage Loans secured by Mesa Properties and Wyoming Ave. and Enzie
Drive Apartments, respectively, are cross-collateralized and
cross-defaulted.
(1H) The Mortgage Loans secured by Tivoli Condominiums, Cross Creek Apartments
and Tamara Hills Townhomes, respectively, are cross-collateralized and
cross-defaulted.
(1I) The Mortgage Loans secured by Bridge Street Lodge and P&R Building,
respectively, are cross-collateralized and cross-defaulted.
(1J) The Mortgage Loans secured by Cedarfield Plaza and Greece Mini Storage,
respectively, are cross-collateralized and cross-defaulted.
(2) Summer Cove Apartments has an interest only period of 24 months and will
begin to amortize over a 96 month term.
(3) RUN IN Food Store Portfolio consists of one loan on eight properties.
(4) Assumes a Cut-off Date of June 1, 1998.
(5) In the case of the Anticipated Repayment Date loans, the Anticipated
Repayment Date is assumed to be the maturity date for the purposes of the
indicated column.
(6) Anticipated Repayment Date
<PAGE>
Descriptions of the Mortgaged Properties
<TABLE>
<CAPTION>
Later of
Units/ Fee Simple/ Year Year Year Built/
Property Name (1) Property Type Sq. Ft. Leasehold Built Renovated Year Renovated
----------------- ------------- ------- --------- ----- --------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
1 The Rivergate Multifamily 706 Fee 1985 N/A 1985
2 Raritan Plaza I (1A) Office 260,604 Fee 1985 N/A 1985
3 Raritan Center Industrial Portfolio (1A) Industrial 804,196 Fee 1986 N/A 1986
4 Resurgens Plaza Office 388,119 Fee/Leasehold 1988 N/A 1988
5 The Camargue Multifamily 261 Fee 1979 N/A 1979
6 Casa Arroyo Apartments Multifamily 394 Fee 1973 N/A 1973
7 Ballena Village Apartments Multifamily 392 Fee 1973 1998 1998
8 Holiday Inn - Jacksonville Airport (1B) Hotel 489 Fee 1969 1997 1997
9 Courtyard by Marriott (1B) Hotel 81 Fee 1996 N/A 1996
10 Magnolia Lake Apartments Multifamily 486 Fee 1971 1997 1997
11 Park Terrace Multifamily 304 Fee 1986 1995 1995
12 Autumn Chase Apartments Multifamily 550 Fee 1969 1995 1995
13 Embassy Square Suites Hotel 265 Fee 1967 1995 1995
14 101 Commerce Drive Industrial 597,100 Fee 1991 N/A 1991
15 Courtyard by Marriott - Pensacola (1C) Hotel 90 Leasehold 1997 N/A 1997
16 Courtyard by Marriott - Tuscaloosa (1C) Hotel 78 Fee 1996 N/A 1996
17 Fairfield Inn - Pensacola (1C) Hotel 63 Fee 1995 N/A 1995
18 Fairfield Inn - Birmingham (1C) Hotel 63 Fee 1995 N/A 1995
19 Fairfield Inn - Tuscaloosa (1C) Hotel 63 Leasehold 1996 N/A 1996
20 Doctors Medical Complex Office 400,396 Fee 1963 1997 1997
21 Chandler Place Apartments Multifamily 320 Fee 1996 N/A 1996
22 Summer Cove Apartments (2) Multifamily 224 Fee 1997 N/A 1997
23 Lake & Racquet Apartments Multifamily 426 Fee 1973 1996 1996
24 Stone Ends Apartments Multifamily 276 Fee 1972 1980 1980
25 Canyon Club Apartments Multifamily 336 Fee 1990 N/A 1990
26 BLN Office Park II Office 201,311 Fee 1985 N/A 1985
27 Royal Plaza Hotel - Marlborough (1D) Hotel 314 Fee 1985 1987 1987
28 Royal Plaza Hotel - Fitchburg (1D) Hotel 293 Fee 1989 1990 1990
29 Hannaford Plaza AKA Rotterdam Mall Retail 205,643 Fee 1973 1997 1997
30 Highland Pavilion Shopping Center (1E) Retail 121,964 Fee 1987 N/A 1987
31 Highland Pavilion Cinema (1E) Retail 43,480 Fee 1987 N/A 1987
32 Plumtree-MI Multifamily 406 Fee 1971 1971 1971
33 Ventura Libbit Building Office 151,776 Leasehold 1981 N/A 1981
34 Carroll Park Industrial Center Industrial 630,000 Fee 1960 1995 1995
35 Randall Lane, Park Place I & II Multifamily 391 Fee 1982 N/A 1982
36 Town & Country Shopping Center Retail 242,750 Fee 1961 1997 1997
37 Plaza Mobile Village Mobile Home Park 237 Fee 1970 N/A 1970
38 Golden Triangle Shopping Center Retail 222,644 Fee 1959 1997 1997
39 Jasper Mall Shopping Center Retail 228,909 Fee 1982 1991 1991
40 Lincoln Village Shopping Center Retail 178,700 Leasehold 1984 N/A 1984
41 Dominick's Food Store & Multi-Tenant Retail Retail 89,105 Fee 1997 N/A 1997
42 Suncrest Plaza Shopping Center Retail 74,517 Fee 1960 N/A 1960
43 Fabyan Crossing Shopping Center Retail 86,782 Fee 1996 N/A 1996
44 Forest Glen Apartments Multifamily 184 Fee 1987 N/A 1987
45 Legacy Drive Village Shopping Center Retail 138,169 Fee 1994 1997 1997
46 Friendly Village MHC Mobile Home Park 818 Fee 1969 N/A 1969
47 Breckenridge Apartments Multifamily 604 Fee 1972 1997 1997
48 Days Inn - Inner Harbor Hotel 250 Fee 1984 N/A 1984
49 Richmond/Berkeley Marriott Courtyards Hotel 149 Fee 1988 1996 1996
50 RUN IN Food Store Portfolio (3) Convenience Store 640,624 Fee/Leasehold 1980 N/A 1980
51 Barnes Crossing Retail 148,397 Fee 1996 N/A 1996
52 Elmwood Regal Center Retail 102,851 Fee/Leasehold 1997 N/A 1997
53 520 Franklin Avenue Medical Building Office 68,200 Fee 1955 1990 1990
54 Holiday Inn & Suites @ Parsippany Hotel 153 Fee 1972 1998 1998
55 Aspen Ridge Apartments Multifamily 240 Fee 1985 N/A 1985
56 Parkway Towers Apartments Mixed Use 281 Fee 1964 N/A 1964
57 BLN Office Park I Office 134,983 Fee 1980 N/A 1980
58 Garden Plaza Shopping Center Retail 50,000 Fee 1997 N/A 1997
59 One Phillips Drive Industrial 400,000 Fee 1992 N/A 1992
60 Comfort Inn - Hollywood Hotel 191 Fee 1988 N/A 1988
61 Ideal Professional Park Office 96,679 Fee 1982 N/A 1982
62 Cypress Pointe Apartments Multifamily 196 Fee 1985 N/A 1985
63 The Shops at Lionville Station Retail 82,451 Fee 1995 N/A 1995
64 Cabot Lodge - Gainesville Hotel 208 Fee 1986 1997 1997
65 Hampton Inn & Suites Hotel 104 Fee 1996 N/A 1996
<CAPTION>
Occupancy
Rate at Appraised Cut-off Date U/W U/W
Property Name (1) U/W (4) Value LTV Ratio NCF (5) DSCR
----------------- ------- ---------- ------------ ---------- -------
<S> <C> <C> <C> <C> <C> <C>
1 The Rivergate 97.0% $151,800,000 62.3% $12,909,422 1.71 x
2 Raritan Plaza I (1A) 99.0% $37,000,000 74.3% $2,932,602 1.28 x
3 Raritan Center Industrial Portfolio (1A) 97.0% $34,120,000 71.8% $2,490,405 1.22 x
4 Resurgens Plaza 96.0% $72,000,000 45.7% $5,342,566 2.10 x
5 The Camargue 99.0% $44,700,000 67.0% $3,508,202 1.38 x
6 Casa Arroyo Apartments 99.0% $33,000,000 72.7% $2,549,628 1.34 x
7 Ballena Village Apartments 94.0% $35,100,000 62.6% $2,461,929 1.40 x
8 Holiday Inn - Jacksonville Airport (1B) N/A $27,100,000 64.1% $2,749,868 1.83 x
9 Courtyard by Marriott (1B) N/A $6,700,000 68.5% $619,297 1.56 x
10 Magnolia Lake Apartments 94.0% $26,500,000 77.4% $2,113,019 1.31 x
11 Park Terrace 97.0% $25,900,000 77.1% $2,106,560 1.33 x
12 Autumn Chase Apartments 98.0% $26,000,000 74.9% $2,115,970 1.35 x
13 Embassy Square Suites N/A $39,500,000 45.3% $2,265,082 1.42 x
14 101 Commerce Drive 100.0% $25,000,000 67.8% $2,110,934 1.55 x
15 Courtyard by Marriott - Pensacola (1C) N/A $7,500,000 69.3% $657,868 1.45 x
16 Courtyard by Marriott - Tuscaloosa (1C) N/A $5,060,000 76.4% $567,020 1.65 x
17 Fairfield Inn - Pensacola (1C) N/A $4,800,000 65.0% $382,449 1.40 x
18 Fairfield Inn - Birmingham (1C) N/A $3,200,000 74.3% $300,682 1.44 x
19 Fairfield Inn - Tuscaloosa (1C) N/A $2,590,000 74.4% $224,225 1.33 x
20 Doctors Medical Complex 95.0% $24,000,000 66.6% $1,689,878 1.24 x
21 Chandler Place Apartments 98.0% $23,000,000 68.2% $1,631,180 1.31 x
22 Summer Cove Apartments (2) 95.0% $18,600,000 81.6% $1,488,116 1.21 x
23 Lake & Racquet Apartments 98.0% $19,500,000 76.8% $1,634,330 1.33 x
24 Stone Ends Apartments 99.0% $17,800,000 79.9% $1,431,209 1.27 x
25 Canyon Club Apartments 97.0% $21,000,000 64.6% $1,377,380 1.31 x
26 BLN Office Park II 99.0% $19,700,000 68.8% $1,533,099 1.39 x
27 Royal Plaza Hotel - Marlborough (1D) N/A $20,400,000 53.5% $1,620,925 1.66 x
28 Royal Plaza Hotel - Fitchburg (1D) N/A $4,300,000 50.4% $304,543 1.57 x
29 Hannaford Plaza AKA Rotterdam Mall 97.0% $17,000,000 76.4% $1,336,894 1.23 x
30 Highland Pavilion Shopping Center (1E) 97.0% $8,950,000 70.8% $673,102 1.29 x
31 Highland Pavilion Cinema (1E) 100.0% $7,650,000 81.7% $645,472 1.25 x
32 Plumtree-MI 98.0% $15,700,000 79.6% $1,272,425 1.28 x
33 Ventura Libbit Building 97.0% $18,250,000 66.7% $1,497,008 1.27 x
34 Carroll Park Industrial Center 100.0% $16,000,000 74.4% $1,301,286 1.32 x
35 Randall Lane, Park Place I & II 95.0% $15,000,000 76.4% $1,144,639 1.21 x
36 Town & Country Shopping Center 100.0% $14,600,000 76.3% $1,202,211 1.29 x
37 Plaza Mobile Village 97.0% $14,340,000 76.8% $1,162,416 1.24 x
38 Golden Triangle Shopping Center 100.0% $13,500,000 79.9% $1,218,037 1.28 x
39 Jasper Mall Shopping Center 99.0% $13,350,000 78.9% $1,154,816 1.35 x
40 Lincoln Village Shopping Center 95.0% $14,700,000 71.1% $1,124,465 1.29 x
41 Dominick's Food Store & Multi-Tenant Retail 100.0% $13,000,000 79.4% $1,116,505 1.32 x
42 Suncrest Plaza Shopping Center 92.0% $13,800,000 72.2% $1,327,610 1.62 x
43 Fabyan Crossing Shopping Center 100.0% $12,300,000 79.9% $1,053,809 1.31 x
44 Forest Glen Apartments 97.0% $12,800,000 76.1% $968,350 1.27 x
45 Legacy Drive Village Shopping Center 99.0% $15,520,000 62.6% $1,379,900 1.77 x
46 Friendly Village MHC 91.0% $12,100,000 78.5% $1,039,756 1.35 x
47 Breckenridge Apartments 92.0% $12,700,000 73.6% $1,160,216 1.29 x
48 Days Inn - Inner Harbor N/A $20,500,000 45.5% $1,982,048 2.48 x
49 Richmond/Berkeley Marriott Courtyards N/A $12,700,000 70.0% $1,160,062 1.47 x
50 RUN IN Food Store Portfolio (3) 100.0% $13,140,000 66.1% $1,380,548 1.52 x
51 Barnes Crossing 95.0% $10,650,000 79.8% $913,336 1.26 x
52 Elmwood Regal Center 100.0% $12,100,000 69.8% $1,261,035 1.32 x
53 520 Franklin Avenue Medical Building 99.0% $11,150,000 74.4% $890,741 1.31 x
54 Holiday Inn & Suites @ Parsippany N/A $14,500,000 57.2% $1,121,636 1.54 x
55 Aspen Ridge Apartments 93.0% $10,275,000 78.6% $822,585 1.26 x
56 Parkway Towers Apartments 95.0% $10,800,000 73.9% $908,507 1.42 x
57 BLN Office Park I 99.0% $12,750,000 62.5% $1,194,341 1.84 x
58 Garden Plaza Shopping Center 100.0% $10,150,000 74.6% $790,528 1.21 x
59 One Phillips Drive 100.0% $10,850,000 68.9% $976,172 1.63 x
60 Comfort Inn - Hollywood N/A $11,240,000 65.1% $967,028 1.50 x
61 Ideal Professional Park 90.0% $9,000,000 80.0% $814,934 1.36 x
62 Cypress Pointe Apartments 98.0% $9,000,000 79.9% $812,319 1.40 x
63 The Shops at Lionville Station 100.0% $8,750,000 80.0% $758,047 1.34 x
64 Cabot Lodge - Gainesville N/A $12,100,000 57.7% $1,278,114 2.12 x
65 Hampton Inn & Suites N/A $10,000,000 69.8% $910,685 1.51 x
</TABLE>
<PAGE>
Descriptions of the Mortgaged Properties
<TABLE>
<CAPTION>
Later of
Units/ Fee Simple/ Year Year Year Built/
Property Name (1) Property Type Sq. Ft. Leasehold Built Renovated Year Renovated
----------------- ------------- ------- --------- ----- --------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
66 Mercado Del Rancho Shopping Center Retail 86,464 Fee 1985 1997 1997
67 Bancroft Hall Apartments Multifamily 244 Fee 1972 1985 1985
68 Padonia Commerce Building Industrial 180,719 Fee 1966 N/A 1966
69 Anaheim Shores Estates Mobile Home Park 264 Leasehold 1978 1987 1987
70 Tower Square Shopping Center Retail 70,690 Fee 1988 N/A 1988
71 West Garrett Place Office 68,901 Fee 1988 N/A 1988
72 Elmonica Court Apartments Multifamily 144 Fee 1997 N/A 1997
73 Chesterfield Commons Retail 93,054 Fee 1989 N/A 1989
74 Plum Tree Apartments Multifamily 116 Fee 1986 N/A 1986
75 Meadow Central Market Retail 107,094 Fee 1973 1989 1989
76 Mount Kisco Square Shopping Center Retail 33,946 Fee 1990 N/A 1990
77 Las Brisas Apartments Multifamily 178 Fee 1985 N/A 1985
78 Freedom Village Shopping Center Retail 119,874 Fee 1987 1995 1995
79 Waldan Pond & Waldan Chase Apts Multifamily 184 Fee 1986 N/A 1986
80 Aspen Park Apartments Multifamily 280 Fee 1985 N/A 1985
81 Young Circle Shopping Center Retail 65,488 Fee 1962 1997 1997
82 Sherwood Knoll Comfort Inn Hotel 166 Fee 1987 N/A 1987
83 Bridgepoint Apartments Multifamily 200 Fee 1986 N/A 1986
84 Holiday Inn Center City Hotel 298 Leasehold 1989 1997 1997
85 Rainbow Design Center Retail 64,318 Fee 1988 N/A 1988
86 Flower Hill Professional Center (1F) Office 80,770 Fee 1992 N/A 1992
87 Flower Hill McDonald's (1F) Retail 4,143 Fee 1987 N/A 1987
88 Blue Ash Hotel & Conference Center Hotel 217 Fee 1969 1993 1993
89 Ultra Plaza Shopping Center Retail 139,795 Fee 1996 N/A 1996
90 Sinagua Plaza Retail 32,338 Fee 1990 N/A 1990
91 Holiday Plaza Mobile Home Park 266 Fee 1968 N/A 1968
92 Olde Mill Shopping Center Retail 91,400 Fee 1985 N/A 1985
93 Regal Cinemas Center-Lancaster Retail 114,519 Fee 1997 N/A 1997
94 Temescal Business Center Mixed Use 196,177 Fee 1929 1994 1994
95 Houston Centre Retail 75,264 Fee 1997 N/A 1997
96 Pellcare Nursing Home Healthcare 337 Fee 1973 N/A 1973
97 Vista Mar Apartments Multifamily 242 Fee 1963 1997 1997
98 Cherokee Shopping Center Retail 123,736 Fee 1981 N/A 1981
99 Super 8 Geary Street Hotel 101 Fee 1925 1996 1996
100 Cabot Lodge - Tallahassee Hotel 160 Fee 1984 1997 1997
101 Kessel Foods Retail 121,152 Fee 1955 1997 1997
102 South Pointe Apartments Multifamily 256 Fee 1970 1997 1997
103 Mesa Properties (1G) Multifamily 103 Fee 1996 N/A 1996
104 Wyoming Ave. and Enzie Drive Apartments (1G) Multifamily 79 Fee 1993 N/A 1993
105 Mervyn's Plaza Retail 42,830 Fee 1986 N/A 1986
106 Bartlett Commons Retail 81,926 Fee 1990 N/A 1990
107 Crowley Village Shopping Center Retail 106,157 Fee 1979 1997 1997
108 Tivoli Condominiums (1H) Multifamily 95 Fee 1972 N/A 1972
109 Cross Creek Apartments (1H) Multifamily 35 Fee 1989 N/A 1989
110 Tamara Hills Townhomes (1H) Multifamily 40 Fee 1988 N/A 1988
111 The Bell Rock Inn Hotel 96 Fee 1970 1996 1996
112 Howard Johnson Hotel Hotel 166 Fee 1966 1995 1995
113 Camelot Apartments Multifamily 287 Fee 1961 1995 1995
114 Canyon Ridge MHP Mobile Home Park 250 Fee 1972 1996 1996
115 Westlake Crossing Shopping Center Retail 24,969 Fee 1997 N/A 1997
116 Days Hotel Timonium Hotel 146 Fee 1989 N/A 1989
117 Heritage Square Apartments Multifamily 168 Fee 1970 1994 1994
118 Constitution Square Retail 31,975 Fee 1908 1984 1984
119 Oxford Square Retail 59,238 Fee 1987 N/A 1987
120 Spring Villas Multifamily 136 Fee 1985 N/A 1985
121 Sierra Point Apartments Multifamily 212 Fee 1972 1995 1995
122 Menlo Avenue Office Building Office 27,771 Fee 1965 1997 1997
123 Henderson Marketplace Retail 89,100 Fee 1991 N/A 1991
124 Stone Creek Apartments Multifamily 210 Fee 1981 N/A 1981
125 Florida Avenue Apartments Multifamily 144 Fee 1968 N/A 1968
126 Homewood Village Shopping Center Retail 116,878 Fee 1971 1996 1996
127 Commonwealth Avenue Apartments Multifamily 106 Fee 1920 1996 1996
128 Sunrise Square Shopping Center Retail 38,465 Fee 1985 N/A 1985
129 Stein Mart Plaza Retail 60,006 Fee 1995 1996 1996
130 1500 Plaza Office Building Office 62,611 Fee 1965 1991 1991
131 New West Village Apartments Multifamily 200 Fee 1980 N/A 1980
<CAPTION>
Occupancy
Rate at Appraised Cut-off Date U/W U/W
Property Name (1) U/W (4) Value LTV Ratio NCF (5) DSCR
----------------- ------- ---------- ------------ ---------- -------
<S> <C> <C> <C> <C> <C> <C>
66 Mercado Del Rancho Shopping Center 97.0% $9,000,000 77.5% $716,154 1.29 x
67 Bancroft Hall Apartments 98.0% $9,000,000 77.3% $814,855 1.31 x
68 Padonia Commerce Building 100.0% $10,100,000 68.8% $864,306 1.39 x
69 Anaheim Shores Estates 100.0% $9,650,000 72.0% $946,808 1.71 x
70 Tower Square Shopping Center 93.0% $9,000,000 77.1% $832,170 1.47 x
71 West Garrett Place 99.0% $9,400,000 72.8% $731,256 1.32 x
72 Elmonica Court Apartments 97.0% $9,325,000 72.9% $667,060 1.24 x
73 Chesterfield Commons 96.0% $8,500,000 79.9% $760,561 1.39 x
74 Plum Tree Apartments 99.0% $9,120,000 73.4% $685,327 1.29 x
75 Meadow Central Market 97.0% $9,530,000 69.1% $731,691 1.27 x
76 Mount Kisco Square Shopping Center 100.0% $8,800,000 74.8% $761,704 1.35 x
77 Las Brisas Apartments 92.0% $9,600,000 68.4% $699,901 1.37 x
78 Freedom Village Shopping Center 91.0% $8,800,000 73.8% $809,264 1.57 x
79 Waldan Pond & Waldan Chase Apts 96.0% $8,550,000 75.4% $684,669 1.32 x
80 Aspen Park Apartments 95.0% $7,777,000 79.6% $628,264 1.25 x
81 Young Circle Shopping Center 100.0% $7,650,000 79.6% $669,987 1.39 x
82 Sherwood Knoll Comfort Inn N/A $9,000,000 66.9% $755,615 1.40 x
83 Bridgepoint Apartments 97.0% $7,500,000 80.0% $650,033 1.34 x
84 Holiday Inn Center City N/A $11,900,000 50.4% $801,609 1.52 x
85 Rainbow Design Center 100.0% $8,000,000 73.1% $668,361 1.39 x
86 Flower Hill Professional Center (1F) 96.0% $6,700,000 74.6% $573,924 1.35 x
87 Flower Hill McDonald's (1F) 100.0% $1,400,000 57.1% $118,267 1.52 x
88 Blue Ash Hotel & Conference Center N/A $11,000,000 52.2% $845,606 1.68 x
89 Ultra Plaza Shopping Center 100.0% $7,200,000 78.8% $661,004 1.41 x
90 Sinagua Plaza 100.0% $9,100,000 62.1% $756,471 1.62 x
91 Holiday Plaza 98.0% $6,900,000 81.1% $602,313 1.31 x
92 Olde Mill Shopping Center 96.0% $8,000,000 68.6% $714,998 1.50 x
93 Regal Cinemas Center-Lancaster 98.0% $7,900,000 69.2% $764,103 1.36 x
94 Temescal Business Center 80.0% $10,700,000 49.8% $602,246 1.37 x
95 Houston Centre 100.0% $6,560,000 79.3% $542,525 1.32 x
96 Pellcare Nursing Home 91.0% $7,660,000 67.7% $658,251 1.42 x
97 Vista Mar Apartments 95.0% $6,600,000 78.5% $571,077 1.34 x
98 Cherokee Shopping Center 90.0% $7,500,000 68.5% $592,324 1.31 x
99 Super 8 Geary Street N/A $7,400,000 68.9% $777,170 1.56 x
100 Cabot Lodge - Tallahassee N/A $8,100,000 61.6% $788,933 1.83 x
101 Kessel Foods 100.0% $6,750,000 73.4% $636,339 1.45 x
102 South Pointe Apartments 87.0% $6,150,000 80.0% $542,277 1.34 x
103 Mesa Properties (1G) 100.0% $4,056,000 76.4% $369,519 1.48 x
104 Wyoming Ave. and Enzie Drive Apartments (1G) 99.0% $2,364,000 76.1% $210,925 1.37 x
105 Mervyn's Plaza 100.0% $6,800,000 71.8% $537,611 1.37 x
106 Bartlett Commons 100.0% $7,200,000 67.3% $579,604 1.41 x
107 Crowley Village Shopping Center 100.0% $6,000,000 79.9% $532,345 1.39 x
108 Tivoli Condominiums (1H) 100.0% $2,625,000 80.0% $251,642 1.47 x
109 Cross Creek Apartments (1H) 100.0% $1,850,000 80.0% $163,919 1.36 x
110 Tamara Hills Townhomes (1H) 98.0% $1,775,000 60.3% $117,272 1.35 x
111 The Bell Rock Inn N/A $6,500,000 71.3% $584,509 1.42 x
112 Howard Johnson Hotel N/A $6,760,000 68.0% $572,736 1.39 x
113 Camelot Apartments 95.0% $6,250,000 73.5% $512,563 1.39 x
114 Canyon Ridge MHP 97.0% $6,400,000 71.6% $477,175 1.27 x
115 Westlake Crossing Shopping Center 90.0% $7,600,000 59.0% $611,049 1.70 x
116 Days Hotel Timonium N/A $8,800,000 50.2% $865,693 2.29 x
117 Heritage Square Apartments 98.0% $5,500,000 80.0% $445,000 1.22 x
118 Constitution Square 89.0% $6,050,000 72.6% $460,944 1.23 x
119 Oxford Square 97.0% $5,600,000 78.4% $489,361 1.39 x
120 Spring Villas 94.0% $5,450,000 79.9% $430,582 1.27 x
121 Sierra Point Apartments 90.0% $5,800,000 74.7% $576,246 1.61 x
122 Menlo Avenue Office Building 100.0% $6,400,000 67.1% $454,967 1.29 x
123 Henderson Marketplace 94.0% $5,840,000 73.5% $502,874 1.26 x
124 Stone Creek Apartments 89.0% $5,400,000 79.0% $497,327 1.47 x
125 Florida Avenue Apartments 95.0% $6,000,000 69.9% $474,298 1.40 x
126 Homewood Village Shopping Center 86.0% $5,500,000 76.1% $431,913 1.24 x
127 Commonwealth Avenue Apartments 98.0% $6,600,000 63.3% $563,679 1.58 x
128 Sunrise Square Shopping Center 100.0% $5,610,000 74.5% $500,484 1.33 x
129 Stein Mart Plaza 100.0% $5,200,000 80.0% $451,963 1.36 x
130 1500 Plaza Office Building 100.0% $6,400,000 63.8% $497,625 1.47 x
131 New West Village Apartments 91.0% $5,500,000 74.3% $421,954 1.25 x
</TABLE>
<PAGE>
Descriptions of the Mortgaged Properties
<TABLE>
<CAPTION>
Later of
Units/ Fee Simple/ Year Year Year Built/
Property Name (1) Property Type Sq. Ft. Leasehold Built Renovated Year Renovated
----------------- ------------- ------- --------- ----- --------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
132 Brookside Apartments Multifamily 204 Fee 1984 N/A 1984
133 Vinyard Gardens Multifamily 137 Fee 1969 1996 1996
134 Hidden Bay Village Apartments Multifamily 184 Fee 1972 1994 1994
135 Raintree Apartments Multifamily 138 Fee 1974 1994 1994
136 The Office Centre at Dunwoody Village Office 80,025 Fee 1974 1992 1992
137 Seminary Plaza Retail 146,840 Fee 1978 1997 1997
138 Longbranch Apartments Multifamily 184 Fee 1984 1996 1996
139 Market at Merrill Retail 122,201 Fee 1987 N/A 1987
140 Comfort Inn - Dothan Hotel 122 Fee 1990 N/A 1990
141 Wind River Office Building Office 87,717 Fee 1987 N/A 1987
142 Pass Christian Village Retail 65,324 Fee 1995 N/A 1995
143 Marriott Courtyard - Dothan Hotel 78 Fee 1996 N/A 1996
144 Tivoli Apartments Multifamily 140 Fee 1972 N/A 1972
145 Sun Plaza Shopping Center Retail 31,617 Fee 1995 1995 1995
146 Holiday Inn Express - Washington Hotel 103 Fee 1996 N/A 1996
147 Mariner Crossing Shopping Center Retail 74,789 Fee 1989 N/A 1989
148 Mt. Dora Marketplace Retail 78,762 Fee 1987 N/A 1987
149 Aspen Village Apartments Multifamily 220 Fee 1972 1996 1996
150 Sherman Oaks Office 48,526 Fee 1982 1997 1997
151 South Plains Apartments Multifamily 144 Fee 1978 1995 1995
152 Royal Oaks Apartments Multifamily 181 Fee 1974 1996 1996
153 Northwinds Apartment Complex Multifamily 287 Fee 1991 N/A 1991
154 The Park Shopping Center Retail 82,542 Fee 1986 N/A 1986
155 Lloyd Office Plaza Office 56,369 Fee 1964 1991 1991
156 Bridge Street Lodge (1I) Retail 5,970 Fee 1996 N/A 1996
157 P & R Building (1I) Mixed Use 4,310 Fee 1965 1984 1984
158 Holiday Inn - Dothan Hotel 144 Fee 1973 1992 1992
159 Hampton North Townhomes & Apartments Multifamily 127 Fee 1982 N/A 1982
160 Holiday Inn - Lake Havasu Hotel 162 Fee 1973 1996 1996
161 University Shoppes Retail 50,797 Fee 1979 N/A 1979
162 Galleria Mall Retail 44,340 Fee 1957 1988 1988
163 Park 219 Business Park Industrial 94,672 Fee 1991 N/A 1991
164 One Energy Square Retail 127,799 Fee 1977 1996 1996
165 Orchard Plaza Shopping Center Retail 100,751 Fee 1978 1995 1995
166 The Mark Mobile Home Park Mobile Home Park 325 Fee 1965 N/A 1965
167 Rivershores Apartments Multifamily 128 Fee 1967 1998 1998
168 Perry Hall Mini-Storage Self Storage 100,700 Fee 1990 N/A 1990
169 Governor's Palace Multifamily 160 Fee 1963 1996 1996
170 Brookhollow Apartments Multifamily 160 Fee 1971 1996 1996
171 Cedarfield Plaza (1J) Retail 31,402 Fee 1987 N/A 1987
172 Greece Mini Storage (1J) Self Storage 62,956 Fee 1985 1995 1995
173 Gander Mountain / JoAnn Fabrics Center Retail 57,658 Fee 1992 1995 1995
174 The Colonnade at Turtle Creek Apartments Multifamily 55 Fee 1983 1996 1996
175 601 Franklin Avenue Medical Building Office 25,427 Fee 1931 1991 1991
176 Valdosta Storage Rollup Self Storage 95,800 Fee 1983 1991 1991
177 All Aboard - Burbank Self Storage 47,731 Fee 1994 N/A 1994
178 Brea Center Retail 56,945 Fee 1967 1992 1992
179 Holiday Inn Express Hotel 61 Fee 1987 N/A 1987
180 Seaport Villas Multifamily 100 Fee 1970 1995 1995
181 Park Central Office Park Office 54,908 Fee 1988 N/A 1988
182 Drug Emporium Center Retail 44,065 Fee 1980 N/A 1980
183 Langley Place Mixed Use 32,938 Fee 1880 1982 1982
184 Red Lion Apartments Multifamily 102 Fee 1970 1995 1995
185 The Woodlands Shopping Center Retail 31,958 Fee 1982 1997 1997
186 St. Marys Plaza Retail 78,148 Fee 1980 N/A 1980
187 Mountain Park Pavilions II Retail 30,741 Fee 1997 N/A 1997
188 Shady Banks Shopping Center Retail 57,654 Fee 1989 N/A 1989
189 Pavilion in the Park Retail 65,658 Fee 1986 N/A 1986
190 Riverview Business Plaza Industrial 85,537 Fee 1981 1997 1997
191 Cumberland Station Shopping Center Retail 43,751 Fee 1993 N/A 1993
192 509-511 Amsterdam Avenue Multifamily 24 Fee 1896 1997 1997
193 Westover Pointe Center Retail 64,074 Fee 1986 N/A 1986
194 Towne East Village Apartments Multifamily 100 Fee 1983 N/A 1983
195 Super Crown Books & LaJolla Patio Retail 30,000 Fee 1997 N/A 1997
196 Bent Oak Apartments Multifamily 120 Fee 1980 1994 1994
197 Summit Apartments Multifamily 112 Fee 1985 N/A 1985
<CAPTION>
Occupancy
Rate at Appraised Cut-off Date U/W U/W
Property Name (1) U/W (4) Value LTV Ratio NCF (5) DSCR
----------------- ------- ---------- ------------ ---------- -------
<S> <C> <C> <C> <C> <C> <C>
132 Brookside Apartments 96.0% $5,100,000 79.6% $465,868 1.41 x
133 Vinyard Gardens 97.0% $5,100,000 78.8% $421,259 1.33 x
134 Hidden Bay Village Apartments 99.0% $5,000,000 80.0% $411,812 1.30 x
135 Raintree Apartments 94.0% $5,000,000 80.0% $417,482 1.32 x
136 The Office Centre at Dunwoody Village 97.0% $5,625,000 71.1% $460,090 1.41 x
137 Seminary Plaza 100.0% $5,500,000 72.6% $475,992 1.42 x
138 Longbranch Apartments 96.0% $5,600,000 71.3% $491,719 1.56 x
139 Market at Merrill 93.0% $6,700,000 59.0% $494,864 1.41 x
140 Comfort Inn - Dothan N/A $8,350,000 46.6% $690,557 2.02 x
141 Wind River Office Building 89.0% $5,250,000 73.8% $412,171 1.27 x
142 Pass Christian Village 94.0% $5,100,000 75.1% $447,212 1.31 x
143 Marriott Courtyard - Dothan N/A $5,200,000 71.2% $456,855 1.41 x
144 Tivoli Apartments 94.0% $4,750,000 77.9% $381,917 1.30 x
145 Sun Plaza Shopping Center 100.0% $6,800,000 54.1% $611,016 1.48 x
146 Holiday Inn Express - Washington N/A $6,500,000 56.1% $464,078 1.41 x
147 Mariner Crossing Shopping Center 92.0% $5,200,000 69.1% $387,618 1.34 x
148 Mt. Dora Marketplace 96.0% $4,600,000 78.1% $393,672 1.38 x
149 Aspen Village Apartments 96.0% $4,800,000 74.8% $392,625 1.24 x
150 Sherman Oaks 85.0% $6,000,000 59.8% $362,253 1.27 x
151 South Plains Apartments 98.0% $4,590,000 76.6% $424,275 1.50 x
152 Royal Oaks Apartments 93.0% $4,400,000 79.7% $427,734 1.46 x
153 Northwinds Apartment Complex 83.0% $4,695,000 74.6% $430,999 1.37 x
154 The Park Shopping Center 87.0% $4,400,000 79.5% $373,820 1.31 x
155 Lloyd Office Plaza 100.0% $5,725,000 60.9% $411,724 1.42 x
156 Bridge Street Lodge (1I) 100.0% $4,150,000 61.1% $363,655 1.28 x
157 P & R Building (1I) 100.0% $1,675,000 53.4% $140,287 1.40 x
158 Holiday Inn - Dothan N/A $4,900,000 69.2% $425,642 1.43 x
159 Hampton North Townhomes & Apartments 92.0% $4,300,000 78.8% $358,416 1.33 x
160 Holiday Inn - Lake Havasu N/A $4,300,000 78.6% $466,365 1.54 x
161 University Shoppes 95.0% $4,470,000 74.6% $430,523 1.33 x
162 Galleria Mall 100.0% $5,050,000 65.2% $400,489 1.27 x
163 Park 219 Business Park 98.0% $5,050,000 65.1% $371,514 1.31 x
164 One Energy Square 92.0% $4,350,000 73.2% $395,502 1.42 x
165 Orchard Plaza Shopping Center 98.0% $4,100,000 77.7% $352,095 1.26 x
166 The Mark Mobile Home Park 95.0% $6,700,000 47.5% $641,602 2.19 x
167 Rivershores Apartments 93.0% $4,230,000 75.1% $354,079 1.40 x
168 Perry Hall Mini-Storage 88.0% $7,500,000 41.9% $694,521 2.31 x
169 Governor's Palace 87.0% $4,200,000 73.7% $349,323 1.37 x
170 Brookhollow Apartments 91.0% $4,200,000 73.5% $334,789 1.30 x
171 Cedarfield Plaza (1J) 81.0% $2,060,000 75.1% $181,684 1.42 x
172 Greece Mini Storage (1J) 92.0% $1,930,000 77.6% $175,675 1.34 x
173 Gander Mountain / JoAnn Fabrics Center 100.0% $4,100,000 74.1% $378,918 1.29 x
174 The Colonnade at Turtle Creek Apartments 100.0% $3,875,000 78.1% $316,279 1.31 x
175 601 Franklin Avenue Medical Building 100.0% $4,150,000 72.3% $311,981 1.27 x
176 Valdosta Storage Rollup 83.0% $3,790,000 79.1% $375,549 1.40 x
177 All Aboard - Burbank 95.0% $4,000,000 74.9% $370,864 1.41 x
178 Brea Center 100.0% $5,100,000 58.7% $368,179 1.46 x
179 Holiday Inn Express N/A $4,600,000 65.0% $404,772 1.50 x
180 Seaport Villas 97.0% $4,160,000 70.9% $340,718 1.44 x
181 Park Central Office Park 96.0% $4,075,000 72.3% $335,514 1.38 x
182 Drug Emporium Center 95.0% $3,800,000 76.3% $354,840 1.51 x
183 Langley Place 96.0% $4,100,000 70.6% $333,561 1.40 x
184 Red Lion Apartments 100.0% $3,600,000 79.9% $319,272 1.26 x
185 The Woodlands Shopping Center 93.0% $3,750,000 75.8% $296,219 1.24 x
186 St. Marys Plaza 100.0% $4,560,000 62.1% $373,322 1.59 x
187 Mountain Park Pavilions II 92.0% $3,945,000 71.0% $385,456 1.25 x
188 Shady Banks Shopping Center 100.0% $3,500,000 80.0% $321,287 1.40 x
189 Pavilion in the Park 100.0% $3,750,000 74.0% $341,756 1.39 x
190 Riverview Business Plaza 91.0% $3,675,000 74.8% $305,893 1.29 x
191 Cumberland Station Shopping Center 100.0% $3,550,000 77.4% $308,954 1.32 x
192 509-511 Amsterdam Avenue 100.0% $3,700,000 74.3% $321,366 1.47 x
193 Westover Pointe Center 97.0% $3,375,000 80.0% $323,807 1.41 x
194 Towne East Village Apartments 94.0% $3,400,000 79.2% $280,885 1.25 x
195 Super Crown Books & LaJolla Patio 100.0% $4,500,000 59.4% $368,583 1.25 x
196 Bent Oak Apartments 86.0% $3,525,000 75.2% $269,724 1.28 x
197 Summit Apartments 100.0% $3,312,000 78.7% $303,043 1.42 x
</TABLE>
<PAGE>
Descriptions of the Mortgaged Properties
<TABLE>
<CAPTION>
Later of
Units/ Fee Simple/ Year Year Year Built/
Property Name (1) Property Type Sq. Ft. Leasehold Built Renovated Year Renovated
----------------- ------------- ------- --------- ----- --------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
198 Jefferson Square Mall Retail 124,457 Fee 1980 N/A 1980
199 Sandalwood Center Retail 40,886 Fee 1987 N/A 1987
200 Encino Village Center Retail 29,220 Fee 1955 1974 1974
201 Willamette Terrace Multifamily 76 Fee 1977 N/A 1977
202 4 Hartwell Place Office 47,823 Fee 1974 1986 1986
203 79 Worth Street Multifamily 9 Leasehold 1859 1997 1997
204 Stewart Creek Shopping Center Retail 22,028 Fee 1997 N/A 1997
205 Plantation Village Shopping Center Retail 57,525 Fee 1985 N/A 1985
206 Lookout Ridge Apartments Multifamily 143 Fee 1985 N/A 1985
207 Orangethorpe Beach Shopping Center Retail 20,266 Fee 1982 1988 1988
208 Orchard Supply Retail 42,132 Fee 1992 N/A 1992
209 Waterford Village Shopping Center Retail 65,965 Fee 1976 1996 1996
210 Governor's Terrace Multifamily 44 Fee 1997 N/A 1997
211 Esplanade Mini-Storage Self Storage 73,660 Fee 1984 N/A 1984
212 Sterling Industrial Park Industrial 72,800 Fee 1985 N/A 1985
213 Mabelvale Plaza Retail 40,020 Fee 1996 N/A 1996
214 Woodlawn Village Shopping Center Retail 54,144 Fee 1986 N/A 1986
215 Bolton-Moore's Mill Shopping Center Retail 78,916 Fee 1962 1998 1998
216 Omni Plaza Shopping Center Retail 36,328 Fee 1988 1996 1996
217 Shield Street Plaza Retail 72,572 Fee 1981 N/A 1981
218 Viewmont Estates Mobile Home Park Mobile Home Park 97 Fee 1990 N/A 1990
219 1731-1751 Washington Street Multifamily 48 Fee 1962 1997 1997
220 Penninsula Professional Building Office 29,885 Fee 1989 N/A 1989
221 Creekside Mobile Estates Mobile Home Park 117 Fee 1985 N/A 1985
222 Alexandria Square Retail 39,522 Fee 1995 N/A 1995
223 Advo Building Office 18,865 Fee 1991 N/A 1991
224 White Pines Plaza Retail 48,000 Fee 1989 N/A 1989
225 North Shore Estates Mobile Home Park 91 Fee 1991 1994 1994
226 River's Edge Apartments Multifamily 160 Fee 1968 1997 1997
227 109-111 Grant Avenue Office 34,570 Fee 1964 1996 1996
228 Royal Oaks Senior Community Park Mobile Home Park 94 Fee 1986 N/A 1986
229 Parker Marketplace Phase II Retail 20,555 Fee 1997 N/A 1997
230 Summer Creek Apartments Multifamily 120 Fee 1987 1995 1995
231 Robarts Mobile Home Park Mobile Home Park 267 Fee 1971 1994 1994
232 Woodcrest Townhome Apartments Multifamily 78 Fee 1979 N/A 1979
233 Planters Trace Multifamily 96 Fee 1987 N/A 1987
234 Stone Oak Apartments Multifamily 95 Fee 1974 N/A 1974
235 Hidden Hills Mobile Home Park Mobile Home Park 220 Fee 1983 N/A 1983
236 Tiger Mart Convenience Store 35,720 Fee 1986 1996 1996
237 Park Lane Terrace Apartments Multifamily 152 Fee 1968 1997 1997
238 Quail Hollow Business Park Office 42,012 Fee 1980 N/A 1980
239 Campus Square Apartments Multifamily 194 Fee 1964 N/A 1964
240 Bridgeport Professional Building Office 26,621 Fee 1978 N/A 1978
241 Brigham's Landing Shopping Center Retail 38,885 Fee 1989 N/A 1989
242 Boulevard Shoppes II Retail 40,508 Fee 1986 N/A 1986
243 The Clusters Apartments Multifamily 282 Fee 1986 1993 1993
244 Fairfield Inn - Dothan Hotel 63 Fee 1993 N/A 1993
245 Valley Manor Mobile Home Park 96 Fee 1979 N/A 1979
246 Sunrise Village Apartments Multifamily 48 Fee 1966 N/A 1966
247 Ridgewood Apartments Multifamily 88 Fee 1986 N/A 1986
248 Bella Vista Terrace Multifamily 78 Fee 1969 1994 1994
249 Ramada Limited Hotel 72 Fee 1970 1996 1996
250 Secluded Oaks Villas Apartments Multifamily 52 Fee 1985 N/A 1985
251 Colonial Mobile Home Park Mobile Home Park 123 Fee 1977 N/A 1977
252 Plaza North Medical Building Office 23,478 Fee 1979 N/A 1979
253 Camelot Apartments Multifamily 100 Fee 1967 1996 1996
254 Northlake Quadrangle Retail 77,621 Fee 1974 N/A 1974
255 Gordon Street Apartments Multifamily 55 Fee 1920 1994 1994
256 Northgate Apartments Multifamily 72 Fee 1973 1979 1979
257 Sepulveda Crest Apartments Multifamily 71 Fee 1972 1996 1996
258 Morningstar Mini-Storage Self Storage 112,619 Fee 1992 N/A 1992
259 Chateaux Verde Apartments Multifamily 66 Fee 1972 N/A 1972
260 Homestead Corner Shopping Center Retail 19,075 Fee 1988 N/A 1988
261 Lake Villa Apartments Multifamily 64 Fee 1986 N/A 1986
262 F & H Warehouse Industrial 180,383 Fee 1965 1976 1976
263 Avian Plaza Shopping Center Retail 24,776 Fee 1985 N/A 1985
<CAPTION>
Occupancy
Rate at Appraised Cut-off Date U/W U/W
Property Name (1) U/W (4) Value LTV Ratio NCF (5) DSCR
----------------- ------- ---------- ------------ ---------- -------
<S> <C> <C> <C> <C> <C> <C>
198 Jefferson Square Mall 87.0% $4,000,000 65.0% $325,697 1.41 x
199 Sandalwood Center 92.0% $4,550,000 57.0% $309,767 1.32 x
200 Encino Village Center 92.0% $4,900,000 52.8% $429,110 1.85 x
201 Willamette Terrace 100.0% $3,200,000 79.7% $265,364 1.33 x
202 4 Hartwell Place 100.0% $3,900,000 65.3% $315,701 1.41 x
203 79 Worth Street 100.0% $3,200,000 79.5% $282,879 1.41 x
204 Stewart Creek Shopping Center 92.0% $3,400,000 74.8% $289,648 1.32 x
205 Plantation Village Shopping Center 79.0% $3,950,000 64.2% $312,492 1.33 x
206 Lookout Ridge Apartments 96.0% $3,700,000 67.6% $318,181 1.58 x
207 Orangethorpe Beach Shopping Center 100.0% $3,500,000 71.4% $283,687 1.35 x
208 Orchard Supply 100.0% $5,000,000 49.9% $405,938 1.50 x
209 Waterford Village Shopping Center 100.0% $3,580,000 69.6% $300,297 1.37 x
210 Governor's Terrace 100.0% $3,430,000 71.9% $241,210 1.22 x
211 Esplanade Mini-Storage 92.0% $3,900,000 62.6% $315,641 1.47 x
212 Sterling Industrial Park 100.0% $3,500,000 68.6% $284,543 1.35 x
213 Mabelvale Plaza 100.0% $3,100,000 77.4% $269,117 1.30 x
214 Woodlawn Village Shopping Center 98.0% $2,900,000 80.0% $241,238 1.29 x
215 Bolton-Moore's Mill Shopping Center 88.0% $2,900,000 79.3% $249,606 1.29 x
216 Omni Plaza Shopping Center 96.0% $3,500,000 65.7% $260,943 1.38 x
217 Shield Street Plaza 89.0% $4,000,000 57.2% $269,686 1.32 x
218 Viewmont Estates Mobile Home Park 100.0% $3,400,000 66.1% $263,547 1.46 x
219 1731-1751 Washington Street 90.0% $2,750,000 80.0% $243,168 1.29 x
220 Penninsula Professional Building 100.0% $2,800,000 78.5% $243,501 1.34 x
221 Creekside Mobile Estates 100.0% $3,415,000 64.3% $251,092 1.42 x
222 Alexandria Square 100.0% $3,355,000 64.6% $289,280 1.21 x
223 Advo Building 91.0% $2,800,000 76.7% $236,948 1.32 x
224 White Pines Plaza 100.0% $2,700,000 78.4% $249,526 1.48 x
225 North Shore Estates 99.0% $3,050,000 68.8% $233,806 1.39 x
226 River's Edge Apartments 100.0% $3,075,000 68.2% $272,878 1.57 x
227 109-111 Grant Avenue 92.0% $3,050,000 68.7% $204,873 1.20 x
228 Royal Oaks Senior Community Park 100.0% $3,640,000 57.5% $273,070 1.60 x
229 Parker Marketplace Phase II 91.0% $2,950,000 70.5% $238,292 1.39 x
230 Summer Creek Apartments 99.0% $2,575,000 80.0% $217,491 1.33 x
231 Robarts Mobile Home Park 93.0% $2,720,000 75.3% $212,821 1.31 x
232 Woodcrest Townhome Apartments 99.0% $2,700,000 74.1% $230,965 1.25 x
233 Planters Trace 90.0% $2,500,000 80.0% $206,811 1.33 x
234 Stone Oak Apartments 92.0% $2,600,000 76.8% $230,595 1.46 x
235 Hidden Hills Mobile Home Park 95.0% $3,025,000 66.0% $204,041 1.30 x
236 Tiger Mart 100.0% $3,310,000 60.3% $502,037 2.10 x
237 Park Lane Terrace Apartments 97.0% $2,600,000 76.7% $245,062 1.55 x
238 Quail Hollow Business Park 100.0% $2,700,000 73.9% $261,191 1.47 x
239 Campus Square Apartments 95.0% $2,900,000 68.8% $255,596 1.45 x
240 Bridgeport Professional Building 93.0% $2,850,000 70.0% $229,344 1.31 x
241 Brigham's Landing Shopping Center 97.0% $3,800,000 52.4% $322,608 1.83 x
242 Boulevard Shoppes II 95.0% $2,910,000 68.4% $247,494 1.28 x
243 The Clusters Apartments 98.0% $5,000,000 39.8% $413,919 1.93 x
244 Fairfield Inn - Dothan N/A $3,000,000 66.1% $244,932 1.41 x
245 Valley Manor 100.0% $2,620,000 74.3% $232,050 1.31 x
246 Sunrise Village Apartments 100.0% $2,925,000 66.4% $257,221 1.50 x
247 Ridgewood Apartments 93.0% $2,400,000 79.2% $221,498 1.44 x
248 Bella Vista Terrace 100.0% $2,600,000 73.0% $194,612 1.28 x
249 Ramada Limited N/A $3,150,000 60.3% $241,252 1.41 x
250 Secluded Oaks Villas Apartments 79.0% $2,680,000 70.8% $203,052 1.31 x
251 Colonial Mobile Home Park 100.0% $3,100,000 61.0% $214,528 1.29 x
252 Plaza North Medical Building 77.0% $2,460,000 74.1% $201,800 1.28 x
253 Camelot Apartments 86.0% $2,400,000 75.3% $179,386 1.20 x
254 Northlake Quadrangle 78.0% $2,600,000 69.2% $245,081 1.52 x
255 Gordon Street Apartments 100.0% $2,800,000 64.2% $186,145 1.30 x
256 Northgate Apartments 99.0% $3,030,000 59.3% $209,870 1.38 x
257 Sepulveda Crest Apartments 90.0% $2,260,000 79.4% $182,123 1.26 x
258 Morningstar Mini-Storage 67.0% $3,850,000 45.3% $295,754 1.79 x
259 Chateaux Verde Apartments 99.0% $2,600,000 67.0% $226,701 1.50 x
260 Homestead Corner Shopping Center 100.0% $2,320,000 73.6% $194,701 1.32 x
261 Lake Villa Apartments 99.0% $2,270,000 74.8% $185,763 1.35 x
262 F & H Warehouse 100.0% $4,200,000 40.1% $350,483 1.85 x
263 Avian Plaza Shopping Center 100.0% $2,300,000 71.7% $185,033 1.31 x
</TABLE>
<PAGE>
Descriptions of the Mortgaged Properties
<TABLE>
<CAPTION>
Later of
Units/ Fee Simple/ Year Year Year Built/
Property Name (1) Property Type Sq. Ft. Leasehold Built Renovated Year Renovated
----------------- ------------- ------- --------- ----- --------- --------------
<S> <C> <C> <C> <C> <C> <C> <C>
264 Port Orchard Mini Storage Self Storage 41,785 Fee 1985 1993 1993
265 Sequoia Grove Apartments Multifamily 34 Fee 1970 1994 1994
266 Emerald Park Apartments Multifamily 62 Fee 1990 N/A 1990
267 The Miller Center Retail 67,401 Fee 1962 N/A 1962
268 Rancho San Diego Town & Country Retail 10,259 Fee 1997 N/A 1997
269 French Quarters East Apartments Multifamily 70 Fee 1980 N/A 1980
270 The Forest Apartments Multifamily 113 Fee 1965 1993 1993
271 Oakhill Apartments Multifamily 73 Fee 1975 1994 1994
272 STOR-N-LOCK Self Storage 61,200 Fee 1977 1981 1981
273 Autumn Ridge Apartments Multifamily 116 Fee 1973 N/A 1973
274 Hyde Park Mobile Home Park 118 Leasehold 1964 1996 1996
275 701 Franklin Center Retail 22,869 Fee 1994 N/A 1994
276 Savoy Condominiums Multifamily 62 Fee 1984 N/A 1984
277 Meriden East Apartments Multifamily 66 Fee 1972 N/A 1972
278 Tradewinds Apartments Multifamily 84 Fee 1963 1994 1994
279 Courtyard Plaza Retail 15,620 Fee 1985 N/A 1985
280 Regency Manor Apartments Multifamily 97 Fee 1984 1994 1994
281 Hood Chalet Mobile Estates Mobile Home Park 82 Fee 1973 1996 1996
282 Mauna Kea Apartments Multifamily 30 Fee 1964 1996 1996
283 Deer Creek Apartments Multifamily 48 Fee 1992 N/A 1992
284 Evergreen Place Condominiums Multifamily 54 Fee 1984 N/A 1984
285 Autumn Creek Apartments Multifamily 82 Fee 1969 1991 1991
286 Midtown at Main Retail 26,146 Fee 1954 1984 1984
287 Park Place Center Retail 21,791 Fee 1992 N/A 1992
288 International Self Storage Self Storage 49,625 Fee 1995 N/A 1995
289 Villa Catalina Apartments Multifamily 42 Fee 1964 1995 1995
290 Loc-'N-Stor Self Storage Self Storage 26,480 Fee 1977 1987 1987
291 Timberline Mobile Home Park Mobile Home Park 107 Fee 1975 N/A 1975
292 Rancho Villa Mobile Home Park 55 Fee 1960 N/A 1960
293 Timberland Ridge Apartments Multifamily 46 Fee 1970 N/A 1970
294 Leewood Apartments Multifamily 88 Fee 1971 1996 1996
295 Glen Mark Apartments Multifamily 72 Fee 1976 1997 1997
296 Pinecroft Mobile Home Park Mobile Home Park 142 Fee 1972 N/A 1972
297 Eckerds Drugstore Retail 11,200 Fee 1996 N/A 1996
298 Eastern Promenade Apartments Multifamily 32 Fee 1942 N/A 1942
299 Belle Meade Apartments Multifamily 40 Fee 1971 1997 1997
300 Riverview Plaza II Retail 15,631 Fee 1988 N/A 1988
301 Westmoreland Warehouse Industrial 46,510 Fee 1969 N/A 1969
Total/Weighted Average: 1989
==============
Maximum: 1998
Minimum: 1942
<CAPTION>
Occupancy
Rate at Appraised Cut-off Date U/W U/W
Property Name (1) U/W (4) Value LTV Ratio NCF (5) DSCR
----------------- ------- ---------- ------------ ---------- -------
<S> <C> <C> <C> <C> <C> <C>
264 Port Orchard Mini Storage 88.0% $2,380,000 69.3% $203,098 1.39 x
265 Sequoia Grove Apartments 97.0% $2,250,000 72.3% $169,207 1.33 x
266 Emerald Park Apartments 98.0% $2,000,000 79.9% $172,386 1.35 x
267 The Miller Center 100.0% $2,300,000 69.4% $229,279 1.46 x
268 Rancho San Diego Town & Country 100.0% $2,200,000 72.5% $205,531 1.53 x
269 French Quarters East Apartments 100.0% $1,950,000 79.5% $183,615 1.47 x
270 The Forest Apartments 89.0% $2,000,000 77.0% $166,005 1.36 x
271 Oakhill Apartments 92.0% $1,900,000 80.0% $194,150 1.61 x
272 STOR-N-LOCK 85.0% $2,155,000 69.5% $196,547 1.52 x
273 Autumn Ridge Apartments 93.0% $2,000,000 74.6% $195,380 1.50 x
274 Hyde Park 92.0% $2,730,000 53.7% $248,903 1.24 x
275 701 Franklin Center 100.0% $1,950,000 74.7% $177,063 1.37 x
276 Savoy Condominiums 98.0% $2,960,000 48.0% $206,022 1.76 x
277 Meriden East Apartments 95.0% $2,000,000 70.8% $173,383 1.39 x
278 Tradewinds Apartments 96.0% $1,775,000 78.9% $146,173 1.32 x
279 Courtyard Plaza 88.0% $2,400,000 58.3% $212,905 1.76 x
280 Regency Manor Apartments 94.0% $2,280,000 61.4% $159,935 1.39 x
281 Hood Chalet Mobile Estates 100.0% $2,475,000 56.5% $156,212 1.28 x
282 Mauna Kea Apartments 97.0% $1,795,000 77.8% $148,726 1.29 x
283 Deer Creek Apartments 94.0% $1,990,000 66.8% $141,705 1.27 x
284 Evergreen Place Condominiums 98.0% $1,650,000 79.7% $147,137 1.36 x
285 Autumn Creek Apartments 100.0% $1,675,000 75.7% $142,531 1.30 x
286 Midtown at Main 100.0% $1,650,000 74.8% $157,624 1.34 x
287 Park Place Center 87.0% $1,860,000 65.9% $155,990 1.43 x
288 International Self Storage 91.0% $2,140,000 56.0% $159,023 1.51 x
289 Villa Catalina Apartments 100.0% $1,560,000 75.0% $133,099 1.41 x
290 Loc-'N-Stor Self Storage 98.0% $1,630,000 69.0% $144,197 1.44 x
291 Timberline Mobile Home Park 100.0% $1,770,000 62.2% $166,125 1.75 x
292 Rancho Villa 100.0% $1,475,000 74.5% $124,548 1.36 x
293 Timberland Ridge Apartments 100.0% $1,520,000 72.2% $146,163 1.56 x
294 Leewood Apartments 99.0% $1,500,000 73.1% $123,805 1.37 x
295 Glen Mark Apartments 96.0% $1,425,000 71.9% $127,380 1.54 x
296 Pinecroft Mobile Home Park 98.0% $2,370,000 42.2% $178,114 2.06 x
297 Eckerds Drugstore 100.0% $3,050,000 32.6% $255,665 2.56 x
298 Eastern Promenade Apartments 94.0% $1,200,000 79.8% $109,569 1.33 x
299 Belle Meade Apartments 90.0% $1,275,000 68.9% $98,588 1.37 x
300 Riverview Plaza II 100.0% $1,650,000 47.5% $180,343 2.69 x
301 Westmoreland Warehouse 100.0% $1,000,000 57.3% $76,620 1.38 x
Total/Weighted Average: 96.4% $2,298,219,000 69.9% $190,123,118 1.44 x
===============================================================================
Maximum: 100.0% $151,800,000 81.7% $12,909,422 2.69 x
Minimum: 67.0% $1,000,000 32.6% $76,620 1.20 x
</TABLE>
(1A) The Mortgage Loans secured by Raritan Plaza I and Raritan Center Industrial
Portfolio, respectively, are cross-collateralized and cross-defaulted.
(1B) The Mortgage Loans secured by Holiday Inn - Jacksonville Airport and
Courtyard by Marriott, respectively, are cross-collateralized and
cross-defaulted.
(1C) The Mortgage Loans secured by Courtyard by Marriott - Pensacola, Courtyard
by Marriott - Tuscaloosa, Fairfield Inn - Pensacola, Fairfield Inn -
Birmingham and Fairfield Inn - Tuscaloosa, respectively, are
cross-collateralized and cross-defaulted.
(1D) The Mortgage Loans secured by Royal Plaza Hotel - Marlborough and Royal
Plaza Hotel- Fitchburg, respectively, are cross-collateralized and
cross-defaulted.
(1E) The Mortgage Loans secured by Highland Pavilion Shopping Center and
Highland Pavilion Cinema, respectively, are cross-collateralized and
cross-defaulted.
(1F) The Mortgage Loans secured by Flower Hill Professional Center and Flower
Hill McDonald's, respectively, are cross-collateralized and
cross-defaulted.
(1G) The Mortgage Loans secured by Mesa Properties and Wyoming Ave. and Enzie
Drive Apartments, respectively, are cross-collateralized and
cross-defaulted.
(1H) The Mortgage Loans secured by Tivoli Condominiums, Cross Creek Apartments
and Tamara Hills Townhomes, respectively, are cross-collateralized and
cross-defaulted.
(1I) The Mortgage Loans secured by Bridge Street Lodge and P&R Building,
respectively, are cross-collateralized and cross-defaulted.
(1J) The Mortgage Loans secured by Cedarfield Plaza and Greece Mini Storage,
respectively, are cross-collateralized and cross-defaulted.
(2) Summer Cove Apartments has an interest only period of 24 months and will
begin to amortize over a 96 month term.
(3) RUN IN Food Store Portfolio consists of one loan on eight properties.
(4) Does not include any Mortgage Loans secured by hotel properties.
(5) Underwriting NCF reflects the Net Cash Flow after U/W Replacement Reserves,
U/W LC's and TI's and FF&E.
<PAGE>
Exhibit B
<TABLE>
<CAPTION>
Occupancy
Cut-off Date Property Hotel Rate at
# Property Name (1) Balance (4) Type Franchise Underwriting (5)
- ----------------- ----------- ---- --------- ----------------
<S> <C> <C> <C> <C> <C>
1 The Rivergate $ 94,602,208 Multifamily 97.0%
2 Raritan Plaza I (1A) $ 27,484,832 Office 99.0%
3 Raritan Center Industrial Portfolio (1A) $ 24,486,486 Industrial 97.0%
4 Resurgens Plaza $ 32,859,589 Office 96.0%
5 The Camargue $ 29,900,164 Multifamily 99.0%
6 Casa Arroyo Apartments $ 23,984,720 Multifamily 99.0%
7 Ballena Village Apartments $ 21,954,541 Multifamily 94.0%
8 Holiday Inn - Jacksonville Airport (1B) $ 17,361,592 Hotel Holiday Inn N/A
9 Courtyard by Marriott (1B) $ 4,589,846 Hotel Marriott Courtyard N/A
10 Magnolia Lake Apartments $ 20,500,000 Multifamily 94.0%
11 Park Terrace $ 19,966,398 Multifamily 97.0%
12 Autumn Chase Apartments $ 19,472,137 Multifamily 98.0%
13 Embassy Square Suites $ 17,899,848 Hotel Embassy N/A
14 101 Commerce Drive $ 16,944,010 Industrial 100.0%
15 Courtyard by Marriott - Pensacola (1C) $ 5,194,990 Hotel Marriott Courtyard N/A
16 Courtyard by Marriott - Tuscaloosa (1C) $ 3,866,395 Hotel Marriott Courtyard N/A
17 Fairfield Inn - Pensacola (1C) $ 3,120,000 Hotel Fairfield Inn N/A
18 Fairfield Inn - Birmingham (1C) $ 2,377,707 Hotel Fairfield Inn N/A
19 Fairfield Inn - Tuscaloosa (1C) $ 1,928,120 Hotel Fairfield Inn N/A
20 Doctors Medical Complex $ 15,991,795 Office 95.0%
21 Chandler Place Apartments $ 15,690,004 Multifamily 98.0%
22 Summer Cove Apartments (2) $ 15,168,794 Multifamily 95.0%
23 Lake & Racquet Apartments $ 14,979,511 Multifamily 98.0%
24 Stone Ends Apartments $ 14,219,052 Multifamily 99.0%
25 Canyon Club Apartments $ 13,558,248 Multifamily 97.0%
26 BLN Office Park II $ 13,548,266 Office 99.0%
27 Royal Plaza Hotel - Marlborough (1D) $ 10,907,663 Hotel Best Western N/A
28 Royal Plaza Hotel - Fitchburg (1D) $ 2,165,565 Hotel Best Western N/A
29 Hannaford Plaza AKA Rotterdam Mall $ 12,993,015 Retail 97.0%
30 Highland Pavilion Shopping Center (1E) $ 6,332,000 Retail 97.0%
31 Highland Pavilion Cinema (1E) $ 6,250,000 Retail 100.0%
32 Plumtree-MI $ 12,492,089 Multifamily 98.0%
33 Ventura Libbit Building $ 12,180,479 Office 97.0%
34 Carroll Park Industrial Center $ 11,905,000 Industrial 100.0%
35 Randall Lane, Park Place I & II $ 11,464,221 Multifamily 95.0%
36 Town & Country Shopping Center $ 11,135,647 Retail 100.0%
37 Plaza Mobile Village $ 11,012,261 Mobile Home Park 97.0%
38 Golden Triangle Shopping Center $ 10,789,687 Retail 100.0%
39 Jasper Mall Shopping Center $ 10,535,181 Retail 99.0%
40 Lincoln Village Shopping Center $ 10,456,137 Retail 95.0%
41 Dominick's Food Store & Multi-Tenant Retail $ 10,317,352 Retail 100.0%
42 Suncrest Plaza Shopping Center $ 9,968,518 Retail 92.0%
43 Fabyan Crossing Shopping Center $ 9,826,481 Retail 100.0%
44 Forest Glen Apartments $ 9,743,548 Multifamily 97.0%
45 Legacy Drive Village Shopping Center $ 9,711,786 Retail 99.0%
46 Friendly Village MHC $ 9,494,274 Mobile Home Park 91.0%
<CAPTION>
Date of Contractual U/W Tax &
Occupancy Replace. Replace. Insurance
# Property Name (1) Rate Reserve Reserve Escrows
- ----------------- --------- ----------- -------- ---------
<S> <C> <C> <C> <C> <C>
1 The Rivergate 03/03/97 $ 0 $ 250 Tax
2 Raritan Plaza I (1A) 03/19/98 $ 1.59 $ 0.15 Both
3 Raritan Center Industrial Portfolio (1A) 04/01/98 $ -- $ 0.15 Both
4 Resurgens Plaza 09/02/97 $ -- $ 0.20 None
5 The Camargue 12/01/97 $ 370 $ 370 None
6 Casa Arroyo Apartments 03/25/98 $ 200 $ 200 Both
7 Ballena Village Apartments 01/29/98 $ 0 $ 290 None
8 Holiday Inn - Jacksonville Airport (1B) 12/31/97 4.00% 4.00% Both
9 Courtyard by Marriott (1B) 12/31/97 4.00% 4.00% Both
10 Magnolia Lake Apartments 04/01/98 $ 208 $ 208 Tax
11 Park Terrace 03/03/98 $ 0 $ 302 None
12 Autumn Chase Apartments 10/01/97 $ 204 $ 204 None
13 Embassy Square Suites 01/01/98 4.00% 5.00% Both
14 101 Commerce Drive 01/08/98 $ -- $ 0.10 None
15 Courtyard by Marriott - Pensacola (1C) 12/31/97 4.00% 4.00% Both
16 Courtyard by Marriott - Tuscaloosa (1C) 12/31/97 4.00% 4.00% Both
17 Fairfield Inn - Pensacola (1C) 12/31/97 4.00% 4.00% Both
18 Fairfield Inn - Birmingham (1C) 12/31/97 4.00% 4.00% Both
19 Fairfield Inn - Tuscaloosa (1C) 12/31/97 4.00% 4.00% Both
20 Doctors Medical Complex 12/03/97 $ -- $ 0.28 Tax
21 Chandler Place Apartments 03/28/98 $ 200 $ 200 Both
22 Summer Cove Apartments (2) 10/23/97 $ 250 $ 250 Both
23 Lake & Racquet Apartments 09/30/97 $ 200 $ 253 None
24 Stone Ends Apartments 01/16/98 $ 250 $ 250 Both
25 Canyon Club Apartments 03/27/98 $ 0 $ 203 Tax
26 BLN Office Park II 12/31/97 $ 0.18 $ 0.18 Both
27 Royal Plaza Hotel - Marlborough (1D) 08/29/97 4.00% 4.00% Both
28 Royal Plaza Hotel - Fitchburg (1D) 08/29/97 4.00% 4.00% Both
29 Hannaford Plaza AKA Rotterdam Mall 02/01/98 $ 0.17 $ 0.18 Both
30 Highland Pavilion Shopping Center (1E) 04/09/98 $ 0.21 $ 0.21 Both
31 Highland Pavilion Cinema (1E) 04/09/98 $ 0.21 $ 0.21 Insurance
32 Plumtree-MI 03/02/98 $ 300 $ 402 Both
33 Ventura Libbit Building 09/01/97 $ -- $ 0.27 Both
34 Carroll Park Industrial Center 12/31/97 $ 0.40 $ 0.10 Both
35 Randall Lane, Park Place I & II 04/21/98 $ 251 $ 251 Both
36 Town & Country Shopping Center 05/06/98 $ -- $ 0.15 Both
37 Plaza Mobile Village 11/30/97 $ 0 $ 25 Tax
38 Golden Triangle Shopping Center 01/13/98 $ 0.15 $ 0.15 Both
39 Jasper Mall Shopping Center 12/10/97 $ 0.17 $ 0.20 Both
40 Lincoln Village Shopping Center 03/01/98 $ 0.15 $ 0.24 Both
41 Dominick's Food Store & Multi-Tenant Retail 09/04/97 $ -- $ 0.15 Both
42 Suncrest Plaza Shopping Center 01/01/98 $ -- $ 0.15 Both
43 Fabyan Crossing Shopping Center 03/05/98 $ -- $ 0.11 Both
44 Forest Glen Apartments 03/03/98 $ 250 $ 250 Both
45 Legacy Drive Village Shopping Center 03/30/98 $ -- $ 0.15 Tax
46 Friendly Village MHC 12/12/97 $ 34 $ 50 Both
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
47 Breckenridge Apartments $ 9,347,127 Multifamily 92.0%
48 Days Inn - Inner Harbor $ 9,329,684 Hotel Days Inn N/A
49 Richmond/Berkeley Marriott Courtyards $ 8,891,690 Hotel Marriott Courtyards N/A
50 RUN IN Food Store Portfolio (3) $ 8,688,218 Convenience Store 100.0%
51 Barnes Crossing $ 8,500,000 Retail 95.0%
52 Elmwood Regal Center $ 8,450,782 Retail 100.0%
53 520 Franklin Avenue Medical Building $ 8,300,000 Office 99.0%
54 Holiday Inn & Suites @ Parsippany $ 8,300,000 Hotel Holiday Inn N/A
55 Aspen Ridge Apartments $ 8,074,631 Multifamily 93.0%
56 Parkway Towers Apartments $ 7,980,251 Mixed Use 95.0%
57 BLN Office Park I $ 7,969,568 Office 99.0%
58 Garden Plaza Shopping Center $ 7,571,963 Retail 100.0%
59 One Phillips Drive $ 7,475,299 Industrial 100.0%
60 Comfort Inn - Hollywood $ 7,317,234 Hotel Comfort Inn N/A
61 Ideal Professional Park $ 7,196,080 Office 90.0%
62 Cypress Pointe Apartments $ 7,189,837 Multifamily 98.0%
63 The Shops at Lionville Station $ 6,995,755 Retail 100.0%
64 Cabot Lodge - Gainesville $ 6,984,548 Hotel Cabot N/A
65 Hampton Inn & Suites $ 6,977,329 Hotel Hampton Inn N/A
66 Mercado Del Rancho Shopping Center $ 6,976,628 Retail 97.0%
67 Bancroft Hall Apartments $ 6,953,647 Multifamily 98.0%
68 Padonia Commerce Building $ 6,951,446 Industrial 100.0%
69 Anaheim Shores Estates $ 6,945,641 Mobile Home Park 100.0%
70 Tower Square Shopping Center $ 6,939,016 Retail 93.0%
71 West Garrett Place $ 6,840,307 Office 99.0%
72 Elmonica Court Apartments $ 6,795,592 Multifamily 97.0%
73 Chesterfield Commons $ 6,790,307 Retail 96.0%
74 Plum Tree Apartments $ 6,695,709 Multifamily 99.0%
75 Meadow Central Market $ 6,585,700 Retail 97.0%
76 Mount Kisco Square Shopping Center $ 6,585,159 Retail 100.0%
77 Las Brisas Apartments $ 6,564,310 Multifamily 92.0%
78 Freedom Village Shopping Center $ 6,495,849 Retail 91.0%
79 Waldan Pond & Waldan Chase Apts $ 6,446,089 Multifamily 96.0%
80 Aspen Park Apartments $ 6,192,234 Multifamily 95.0%
81 Young Circle Shopping Center $ 6,086,963 Retail 100.0%
82 Sherwood Knoll Comfort Inn $ 6,016,537 Hotel Comfort Inn N/A
83 Bridgepoint Apartments $ 5,996,406 Multifamily 97.0%
84 Holiday Inn Center City $ 5,994,245 Hotel Holiday Inn N/A
85 Rainbow Design Center $ 5,846,572 Retail 100.0%
86 Flower Hill Professional Center (1F) $ 5,000,000 Office 96.0%
87 Flower Hill McDonald's (1F) $ 800,000 Retail 100.0%
88 Blue Ash Hotel & Conference Center $ 5,736,510 Hotel Best Western N/A
89 Ultra Plaza Shopping Center $ 5,676,765 Retail 100.0%
90 Sinagua Plaza $ 5,646,823 Retail 100.0%
91 Holiday Plaza $ 5,596,800 Mobile Home Park 98.0%
92 Olde Mill Shopping Center $ 5,487,972 Retail 96.0%
93 Regal Cinemas Center-Lancaster $ 5,466,243 Retail 98.0%
94 Temescal Business Center $ 5,330,124 Mixed Use 80.0%
95 Houston Centre $ 5,200,000 Retail 100.0%
96 Pellcare Nursing Home $ 5,189,251 Healthcare 91.0%
97 Vista Mar Apartments $ 5,183,532 Multifamily 95.0%
98 Cherokee Shopping Center $ 5,139,018 Retail 90.0%
99 Super 8 Geary Street $ 5,100,000 Hotel Super 8 N/A
100 Cabot Lodge - Tallahassee $ 4,988,963 Hotel Cabot N/A
101 Kessel Foods $ 4,951,913 Retail 100.0%
102 South Pointe Apartments $ 4,917,198 Multifamily 87.0%
103 Mesa Properties (1G) $ 3,100,000 Multifamily 100.0%
<CAPTION>
<S> <C> <C> <C> <C> <C>
47 Breckenridge Apartments 03/20/98 $ 250 $ 250 Both
48 Days Inn - Inner Harbor 10/28/97 0.00% 5.00% None
49 Richmond/Berkeley Marriott Courtyards 01/01/98 0.00% 4.00% Both
50 RUN IN Food Store Portfolio (3) 12/31/97 $ -- $ -- Both
51 Barnes Crossing 01/01/98 $ 0.13 $ 0.15 Tax
52 Elmwood Regal Center 12/31/97 $ -- $ 0.10 Both
53 520 Franklin Avenue Medical Building 12/01/97 $ -- $ 0.15 Both
54 Holiday Inn & Suites @ Parsippany 05/01/98 0.00% 5.00% Both
55 Aspen Ridge Apartments 12/09/97 $ 225 $ 225 Both
56 Parkway Towers Apartments 12/31/97 $ 250 $ 250 Both
57 BLN Office Park I 12/31/97 $ 0.20 $ 0.20 Both
58 Garden Plaza Shopping Center 01/08/97 $ -- $ 0.10 Both
59 One Phillips Drive 01/09/98 $ -- $ 0.10 None
60 Comfort Inn - Hollywood 12/31/97 4.00% 4.00% Both
61 Ideal Professional Park 12/16/97 $ 0.15 $ 0.15 Both
62 Cypress Pointe Apartments 07/31/97 $ 337 $ 337 Both
63 The Shops at Lionville Station 03/02/98 $ 0.17 $ 0.17 Both
64 Cabot Lodge - Gainesville 12/31/97 4.00% 4.00% Both
65 Hampton Inn & Suites 12/31/97 4.00% 4.00% Both
66 Mercado Del Rancho Shopping Center 12/09/97 $ 0.18 $ 0.15 Both
67 Bancroft Hall Apartments 03/10/98 $ 325 $ 325 Both
68 Padonia Commerce Building 10/30/97 $ 0.20 $ 0.16 Both
69 Anaheim Shores Estates 01/20/98 $ 25 $ 25 Both
70 Tower Square Shopping Center 02/01/98 $ 0.20 $ 0.20 Tax
71 West Garrett Place 12/01/97 $ -- $ 0.21 Both
72 Elmonica Court Apartments 03/20/98 $ 200 $ 200 Tax
73 Chesterfield Commons 01/29/98 $ 0.15 $ 0.15 Tax
74 Plum Tree Apartments 02/17/98 $ 305 $ 258 Both
75 Meadow Central Market 01/01/98 $ -- $ 0.27 Both
76 Mount Kisco Square Shopping Center 10/01/97 $ -- $ 0.18 Both
77 Las Brisas Apartments 03/24/98 $ 0 $ 225 Tax
78 Freedom Village Shopping Center 12/01/97 $ 1.44 $ 0.21 Both
79 Waldan Pond & Waldan Chase Apts 03/04/98 $ 225 $ 325 None
80 Aspen Park Apartments 09/11/97 $ 0 $ 234 None
81 Young Circle Shopping Center 12/31/97 $ 0.15 $ 0.15 Both
82 Sherwood Knoll Comfort Inn 12/16/97 0.00% 5.00% Both
83 Bridgepoint Apartments 12/29/97 $ 200 $ 200 Both
84 Holiday Inn Center City 12/16/97 0.00% 6.00% Both
85 Rainbow Design Center 01/26/98 $ 0.22 $ 0.22 Both
86 Flower Hill Professional Center (1F) 12/31/97 $ -- $ 0.15 Both
87 Flower Hill McDonald's (1F) 12/31/97 $ -- $ -- Both
88 Blue Ash Hotel & Conference Center 03/05/98 0.00% 5.00% Both
89 Ultra Plaza Shopping Center 01/01/98 $ 0.15 $ 0.19 Both
90 Sinagua Plaza 02/01/98 $ 0.20 $ 0.20 Tax
91 Holiday Plaza 01/16/98 $ 0 $ 39 None
92 Olde Mill Shopping Center 01/01/98 $ -- $ 0.15 Both
93 Regal Cinemas Center-Lancaster 12/31/97 $ -- $ 0.10 Both
94 Temescal Business Center 10/31/97 $ -- $ 0.14 Both
95 Houston Centre 03/01/98 $ 0.28 $ 0.15 Both
96 Pellcare Nursing Home 12/31/97 $250.00 $250.00 Both
97 Vista Mar Apartments 12/12/97 $ 250 $ 250 Both
98 Cherokee Shopping Center 02/26/98 $ 0.15 $ 0.15 Tax
99 Super 8 Geary Street 12/31/97 4.00% 5.00% Both
100 Cabot Lodge - Tallahassee 12/31/97 4.00% 4.00% Both
101 Kessel Foods 12/31/97 $ -- $ 0.17 Both
102 South Pointe Apartments 02/09/98 $ 220 $ 220 Both
103 Mesa Properties (1G) 01/31/98 $ 250 $ 250 Both
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
104 Wyoming Ave. and Enzie Drive Apartments (1G) $ 1,800,000 Multifamily 99.0%
105 Mervyn's Plaza $ 4,883,862 Retail 100.0%
106 Bartlett Commons $ 4,847,504 Retail 100.0%
107 Crowley Village Shopping Center $ 4,792,990 Retail 100.0%
108 Tivoli Condominiums (1H) $ 2,098,758 Multifamily 100.0%
109 Cross Creek Apartments (1H) $ 1,479,124 Multifamily 100.0%
110 Tamara Hills Townhomes (1H) $ 1,069,367 Multifamily 98.0%
111 The Bell Rock Inn $ 4,635,918 Hotel None N/A
112 Howard Johnson Hotel $ 4,595,859 Hotel Howard Johnson N/A
113 Camelot Apartments $ 4,593,379 Multifamily 95.0%
114 Canyon Ridge MHP $ 4,582,726 Mobile Home Park 97.0%
115 Westlake Crossing Shopping Center $ 4,482,137 Retail 90.0%
116 Days Hotel Timonium $ 4,416,712 Hotel Days Inn N/A
117 Heritage Square Apartments $ 4,397,549 Multifamily 98.0%
118 Constitution Square $ 4,392,205 Retail 89.0%
119 Oxford Square $ 4,390,837 Retail 97.0%
120 Spring Villas $ 4,356,224 Multifamily 94.0%
121 Sierra Point Apartments $ 4,331,319 Multifamily 90.0%
122 Menlo Avenue Office Building $ 4,294,165 Office 100.0%
123 Henderson Marketplace $ 4,292,570 Retail 94.0%
124 Stone Creek Apartments $ 4,263,734 Multifamily 89.0%
125 Florida Avenue Apartments $ 4,191,479 Multifamily 95.0%
126 Homewood Village Shopping Center $ 4,187,035 Retail 86.0%
127 Commonwealth Avenue Apartments $ 4,179,055 Multifamily 98.0%
128 Sunrise Square Shopping Center $ 4,177,220 Retail 100.0%
129 Stein Mart Plaza $ 4,157,391 Retail 100.0%
130 1500 Plaza Office Building $ 4,084,996 Office 100.0%
131 New West Village Apartments $ 4,084,931 Multifamily 91.0%
132 Brookside Apartments $ 4,061,787 Multifamily 96.0%
133 Vinyard Gardens $ 4,017,864 Multifamily 97.0%
134 Hidden Bay Village Apartments $ 4,000,000 Multifamily 99.0%
135 Raintree Apartments $ 4,000,000 Multifamily 94.0%
136 The Office Centre at Dunwoody Village $ 3,997,648 Office 97.0%
137 Seminary Plaza $ 3,994,825 Retail 100.0%
138 Longbranch Apartments $ 3,993,973 Multifamily 96.0%
139 Market at Merrill $ 3,950,000 Retail 93.0%
140 Comfort Inn - Dothan $ 3,891,660 Hotel Comfort Inn N/A
141 Wind River Office Building $ 3,875,000 Office 89.0%
142 Pass Christian Village $ 3,828,469 Retail 94.0%
143 Marriott Courtyard - Dothan $ 3,702,066 Hotel Marriott Courtyard N/A
144 Tivoli Apartments $ 3,700,000 Multifamily 94.0%
145 Sun Plaza Shopping Center $ 3,678,412 Retail 100.0%
146 Holiday Inn Express - Washington $ 3,646,752 Hotel Holiday Inn Express N/A
147 Mariner Crossing Shopping Center $ 3,592,658 Retail 92.0%
148 Mt. Dora Marketplace $ 3,592,405 Retail 96.0%
149 Aspen Village Apartments $ 3,590,501 Multifamily 96.0%
150 Sherman Oaks $ 3,587,886 Office 85.0%
151 South Plains Apartments $ 3,513,458 Multifamily 98.0%
152 Royal Oaks Apartments $ 3,506,589 Multifamily 93.0%
153 Northwinds Apartment Complex $ 3,500,000 Multifamily 83.0%
154 The Park Shopping Center $ 3,497,949 Retail 87.0%
155 Lloyd Office Plaza $ 3,487,192 Office 100.0%
156 Bridge Street Lodge (1I) $ 2,534,536 Retail 100.0%
157 P & R Building (1I) $ 894,542 Mixed Use 100.0%
158 Holiday Inn - Dothan $ 3,392,729 Hotel Holiday Inn N/A
159 Hampton North Townhomes & Apartments $ 3,386,446 Multifamily 92.0%
160 Holiday Inn - Lake Havasu $ 3,381,338 Hotel Holiday Inn N/A
<CAPTION>
<S> <C> <C> <C> <C> <C>
104 Wyoming Ave. and Enzie Drive Apartments (1G) 01/01/98 $ 250 $ 250 Both
105 Mervyn's Plaza 12/29/97 $ -- $ 0.19 Both
106 Bartlett Commons 12/31/97 $ -- $ 0.15 Both
107 Crowley Village Shopping Center 01/01/98 $ -- $ 0.19 Both
108 Tivoli Condominiums (1H) 12/01/97 $ 304 $ 304 Both
109 Cross Creek Apartments (1H) 12/31/97 $ 250 $ 250 Both
110 Tamara Hills Townhomes (1H) 12/01/97 $ 300 $ 300 Both
111 The Bell Rock Inn 12/31/97 4.00% 5.00% Both
112 Howard Johnson Hotel 12/31/97 4.00% 4.00% Both
113 Camelot Apartments 03/05/98 $ 250 $ 250 Both
114 Canyon Ridge MHP 10/27/97 $ 25 $ 25 Both
115 Westlake Crossing Shopping Center 02/25/98 $ -- $ 0.15 Both
116 Days Hotel Timonium 10/30/97 0.00% 5.00% None
117 Heritage Square Apartments 03/04/98 $ 256 $ 256 Both
118 Constitution Square 03/18/98 $ -- $ 0.44 Both
119 Oxford Square 12/01/97 $ 0.25 $ 0.25 Both
120 Spring Villas 03/25/98 $ 0 $ 205 Tax
121 Sierra Point Apartments 12/25/97 $ 250 $ 250 Both
122 Menlo Avenue Office Building 11/30/97 $ -- $ 0.42 Both
123 Henderson Marketplace 12/01/97 $ -- $ 0.15 Both
124 Stone Creek Apartments 12/17/97 $ 250 $ 250 Both
125 Florida Avenue Apartments 04/10/98 $ 285 $ 285 Both
126 Homewood Village Shopping Center 11/01/97 $ 0.25 $ 0.25 Both
127 Commonwealth Avenue Apartments 10/31/97 $ 300 $ 300 Both
128 Sunrise Square Shopping Center 03/01/98 $ -- $ 0.23 Both
129 Stein Mart Plaza 03/01/98 $ 0.10 $ 0.15 Both
130 1500 Plaza Office Building 11/01/97 $ -- $ 0.15 Both
131 New West Village Apartments 11/11/97 $ 250 $ 250 Both
132 Brookside Apartments 10/17/97 $ 0 $ 200 Tax
133 Vinyard Gardens 01/07/98 $ 296 $ 296 Both
134 Hidden Bay Village Apartments 03/17/98 $ 250 $ 250 Both
135 Raintree Apartments 03/17/98 $ 250 $ 250 Both
136 The Office Centre at Dunwoody Village 03/01/98 $ -- $ 0.34 Both
137 Seminary Plaza 01/22/98 $ 0.15 $ 0.15 Both
138 Longbranch Apartments 01/23/98 $ 200 $ 200 Both
139 Market at Merrill 12/30/97 $ -- $ 0.22 None
140 Comfort Inn - Dothan 12/31/97 4.00% 4.00% Both
141 Wind River Office Building 12/31/97 $ -- $ 0.24 Both
142 Pass Christian Village 10/03/97 $ 0.15 $ 0.15 Both
143 Marriott Courtyard - Dothan 09/30/97 4.00% 4.00% Both
144 Tivoli Apartments 03/17/98 $ 250 $ 250 Both
145 Sun Plaza Shopping Center 11/01/97 $ 0.15 $ 0.15 Both
146 Holiday Inn Express - Washington 08/01/97 4.00% 4.00% Both
147 Mariner Crossing Shopping Center 01/01/98 $ -- $ 0.15 Both
148 Mt. Dora Marketplace 01/01/98 $ 0.06 $ 0.25 Both
149 Aspen Village Apartments 05/05/97 $ 263 $ 263 Both
150 Sherman Oaks 11/03/97 $ 0.24 $ 0.32 Both
151 South Plains Apartments 12/31/97 $ 250 $ 250 Both
152 Royal Oaks Apartments 04/09/98 $ 220 $ 250 Both
153 Northwinds Apartment Complex 03/17/98 $ 150 $ 150 Both
154 The Park Shopping Center 04/02/98 $ 0.30 $ 0.30 Both
155 Lloyd Office Plaza 11/01/97 $ -- $ 0.15 Both
156 Bridge Street Lodge (1I) 09/25/97 $ -- $ 0.16 Both
157 P & R Building (1I) 09/25/97 $ -- $ 0.18 Both
158 Holiday Inn - Dothan 09/30/97 4.00% 4.00% Both
159 Hampton North Townhomes & Apartments 12/10/97 $ 250 $ 250 Both
160 Holiday Inn - Lake Havasu 10/26/97 4.00% 4.00% Both
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
161 University Shoppes $ 3,333,091 Retail 95.0%
162 Galleria Mall $ 3,294,578 Retail 100.0%
163 Park 219 Business Park $ 3,289,375 Industrial 98.0%
164 One Energy Square $ 3,185,813 Retail 92.0%
165 Orchard Plaza Shopping Center $ 3,185,813 Retail 98.0%
166 The Mark Mobile Home Park $ 3,182,250 Mobile Home Park 95.0%
167 Rivershores Apartments $ 3,175,356 Multifamily 93.0%
168 Perry Hall Mini-Storage $ 3,138,857 Self Storage 88.0%
169 Governor's Palace $ 3,095,825 Multifamily 87.0%
170 Brookhollow Apartments $ 3,088,680 Multifamily 91.0%
171 Cedarfield Plaza (1J) $ 1,547,923 Retail 81.0%
172 Greece Mini Storage (1J) $ 1,496,774 Self Storage 92.0%
173 Gander Mountain / JoAnn Fabrics Center $ 3,039,569 Retail 100.0%
174 The Colonnade at Turtle Creek Apartments $ 3,025,575 Multifamily 100.0%
175 601 Franklin Avenue Medical Building $ 3,000,000 Office 100.0%
176 Valdosta Storage Rollup $ 2,997,249 Self Storage 83.0%
177 All Aboard - Burbank $ 2,996,503 Self Storage 95.0%
178 Brea Center $ 2,994,596 Retail 100.0%
179 Holiday Inn Express $ 2,991,274 Hotel Holiday Inn Express N/A
180 Seaport Villas $ 2,948,178 Multifamily 97.0%
181 Park Central Office Park $ 2,944,341 Office 96.0%
182 Drug Emporium Center $ 2,898,252 Retail 95.0%
183 Langley Place $ 2,892,843 Mixed Use 96.0%
184 Red Lion Apartments $ 2,877,238 Multifamily 100.0%
185 The Woodlands Shopping Center $ 2,840,998 Retail 93.0%
186 St. Marys Plaza $ 2,832,425 Retail 100.0%
187 Mountain Park Pavilions II $ 2,800,000 Retail 92.0%
188 Shady Banks Shopping Center $ 2,798,390 Retail 100.0%
189 Pavilion in the Park $ 2,775,000 Retail 100.0%
190 Riverview Business Plaza $ 2,748,656 Industrial 91.0%
191 Cumberland Station Shopping Center $ 2,748,609 Retail 100.0%
192 509-511 Amsterdam Avenue $ 2,748,244 Multifamily 100.0%
193 Westover Pointe Center $ 2,698,620 Retail 97.0%
194 Towne East Village Apartments $ 2,691,335 Multifamily 94.0%
195 Super Crown Books & LaJolla Patio $ 2,674,866 Retail 100.0%
196 Bent Oak Apartments $ 2,650,000 Multifamily 86.0%
197 Summit Apartments $ 2,606,462 Multifamily 100.0%
198 Jefferson Square Mall $ 2,600,000 Retail 87.0%
199 Sandalwood Center $ 2,594,767 Retail 92.0%
200 Encino Village Center $ 2,585,729 Retail 92.0%
201 Willamette Terrace $ 2,551,182 Multifamily 100.0%
202 4 Hartwell Place $ 2,547,543 Office 100.0%
203 79 Worth Street $ 2,544,466 Multifamily 100.0%
204 Stewart Creek Shopping Center $ 2,542,571 Retail 92.0%
205 Plantation Village Shopping Center $ 2,536,796 Retail 79.0%
206 Lookout Ridge Apartments $ 2,500,000 Multifamily 96.0%
207 Orangethorpe Beach Shopping Center $ 2,498,679 Retail 100.0%
208 Orchard Supply $ 2,492,636 Retail 100.0%
209 Waterford Village Shopping Center $ 2,492,246 Retail 100.0%
210 Governor's Terrace $ 2,464,481 Multifamily 100.0%
211 Esplanade Mini-Storage $ 2,442,371 Self Storage 92.0%
212 Sterling Industrial Park $ 2,400,000 Industrial 100.0%
213 Mabelvale Plaza $ 2,400,000 Retail 100.0%
214 Woodlawn Village Shopping Center $ 2,318,602 Retail 98.0%
215 Bolton-Moore's Mill Shopping Center $ 2,298,796 Retail 88.0%
216 Omni Plaza Shopping Center $ 2,298,698 Retail 96.0%
217 Shield Street Plaza $ 2,288,316 Retail 89.0%
<CAPTION>
<S> <C> <C> <C> <C> <C>
161 University Shoppes 08/16/97 $ 0.15 $ 0.15 Tax
162 Galleria Mall 01/01/98 $ -- $ 0.15 Both
163 Park 219 Business Park 12/22/97 $ -- $ 0.17 Tax
164 One Energy Square 06/01/97 $ 0.15 $ 0.15 Both
165 Orchard Plaza Shopping Center 05/31/97 $ 0.15 $ 0.18 Both
166 The Mark Mobile Home Park 02/01/98 $ -- $ 50.00 Both
167 Rivershores Apartments 01/19/98 $ 250 $ 250 Both
168 Perry Hall Mini-Storage 10/17/87 $ -- $ 0.15 Both
169 Governor's Palace 02/01/98 $ 250 $ 250 Both
170 Brookhollow Apartments 11/30/97 $ 250 $ 250 Both
171 Cedarfield Plaza (1J) 12/01/97 $ 0.20 $ 0.32 Both
172 Greece Mini Storage (1J) 01/09/98 $ 0.13 $ 0.15 Both
173 Gander Mountain / JoAnn Fabrics Center 12/01/97 $ -- $ 0.15 Both
174 The Colonnade at Turtle Creek Apartments 02/01/98 $ 250 $ 260 Both
175 601 Franklin Avenue Medical Building 12/01/97 $ 0.50 $ 0.20 Both
176 Valdosta Storage Rollup 02/24/98 $ -- $ 0.15 Both
177 All Aboard - Burbank 02/12/98 $ -- $ 0.15 Tax
178 Brea Center 08/31/97 $ 0.22 $ 0.22 Both
179 Holiday Inn Express 08/01/97 4.00% 4.00% Both
180 Seaport Villas 02/25/98 $ 250 $ 250 Both
181 Park Central Office Park 10/14/97 $ -- $ 0.15 Both
182 Drug Emporium Center 09/01/97 $ 0.15 $ 0.06 Both
183 Langley Place 01/07/98 $ -- $ 0.15 Both
184 Red Lion Apartments 02/27/98 $ 279 $ 279 Both
185 The Woodlands Shopping Center 10/15/97 $ 0.15 $ 0.15 Both
186 St. Marys Plaza 11/30/97 $ -- $ 0.15 Both
187 Mountain Park Pavilions II 03/12/98 $ -- $ 0.15 Both
188 Shady Banks Shopping Center 01/14/98 $ 0.13 $ 0.15 Both
189 Pavilion in the Park 12/30/97 $ -- $ 0.20 None
190 Riverview Business Plaza 12/01/97 $ -- $ 0.15 Both
191 Cumberland Station Shopping Center 01/01/98 $ 0.15 $ 0.15 Both
192 509-511 Amsterdam Avenue 01/30/98 $ 250 $ 250 Tax
193 Westover Pointe Center 12/31/97 $ 0.15 $ 0.15 Both
194 Towne East Village Apartments 10/22/97 $ 250 $ 250 Both
195 Super Crown Books & LaJolla Patio 02/01/98 $ -- $ 0.10 Both
196 Bent Oak Apartments 03/17/98 $ 250 $ 250 Both
197 Summit Apartments 01/31/98 $ 250 $ 250 Both
198 Jefferson Square Mall 02/15/98 $ 0.07 $ 0.20 Both
199 Sandalwood Center 09/30/97 $ 0.15 $ 0.15 Both
200 Encino Village Center 10/28/97 $ 0.25 $ 0.25 Both
201 Willamette Terrace 12/17/97 $ 250 $ 250 Tax
202 4 Hartwell Place 12/31/97 $ 0.15 $ 0.15 Both
203 79 Worth Street 09/01/97 $ 561 $ 1,272 Both
204 Stewart Creek Shopping Center 11/01/97 $ -- $ 0.15 Both
205 Plantation Village Shopping Center 11/01/97 $ 0.40 $ 0.40 Both
206 Lookout Ridge Apartments 03/03/98 $ 250 $ 250 Both
207 Orangethorpe Beach Shopping Center 01/13/98 $ 0.15 $ 0.15 Both
208 Orchard Supply 02/26/98 $ -- $ 0.15 Tax
209 Waterford Village Shopping Center 08/31/97 $ -- $ 0.15 Both
210 Governor's Terrace 01/07/98 $ 200 $ 200 Both
211 Esplanade Mini-Storage 11/01/97 $ 0.20 $ 0.20 Both
212 Sterling Industrial Park 03/01/98 $ -- $ 0.22 Both
213 Mabelvale Plaza 12/27/97 $ 0.25 $ 0.15 Tax
214 Woodlawn Village Shopping Center 03/01/98 $ 0.15 $ 0.24 Both
215 Bolton-Moore's Mill Shopping Center 01/01/98 $ 0.15 $ 0.15 Both
216 Omni Plaza Shopping Center 03/31/98 $ 0.10 $ 0.10 Both
217 Shield Street Plaza 10/01/97 $ 0.31 $ 0.31 Both
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
218 Viewmont Estates Mobile Home Park $ 2,248,614 Mobile Home Park 100.0%
219 1731-1751 Washington Street $ 2,200,000 Multifamily 90.0%
220 Penninsula Professional Building $ 2,198,775 Office 100.0%
221 Creekside Mobile Estates $ 2,196,867 Mobile Home Park 100.0%
222 Alexandria Square $ 2,167,016 Retail 100.0%
223 Advo Building $ 2,148,841 Office 91.0%
224 White Pines Plaza $ 2,115,925 Retail 100.0%
225 North Shore Estates $ 2,098,711 Mobile Home Park 99.0%
226 River's Edge Apartments $ 2,096,004 Multifamily 100.0%
227 109-111 Grant Avenue $ 2,095,796 Office 92.0%
228 Royal Oaks Senior Community Park $ 2,094,128 Mobile Home Park 100.0%
229 Parker Marketplace Phase II $ 2,078,819 Retail 91.0%
230 Summer Creek Apartments $ 2,060,000 Multifamily 99.0%
231 Robarts Mobile Home Park $ 2,046,984 Mobile Home Park 93.0%
232 Woodcrest Townhome Apartments $ 2,000,000 Multifamily 99.0%
233 Planters Trace $ 1,998,661 Multifamily 90.0%
234 Stone Oak Apartments $ 1,997,046 Multifamily 92.0%
235 Hidden Hills Mobile Home Park $ 1,995,626 Mobile Home Park 95.0%
236 Tiger Mart $ 1,995,037 Convenience Store 100.0%
237 Park Lane Terrace Apartments $ 1,994,058 Multifamily 97.0%
238 Quail Hollow Business Park $ 1,993,967 Office 100.0%
239 Campus Square Apartments $ 1,993,907 Multifamily 95.0%
240 Bridgeport Professional Building $ 1,993,797 Office 93.0%
241 Brigham's Landing Shopping Center $ 1,991,511 Retail 97.0%
242 Boulevard Shoppes II $ 1,989,905 Retail 95.0%
243 The Clusters Apartments $ 1,987,631 Multifamily 98.0%
244 Fairfield Inn - Dothan $ 1,983,803 Hotel Fairfield Inn N/A
245 Valley Manor $ 1,946,176 Mobile Home Park 100.0%
246 Sunrise Village Apartments $ 1,941,676 Multifamily 100.0%
247 Ridgewood Apartments $ 1,900,000 Multifamily 93.0%
248 Bella Vista Terrace $ 1,898,826 Multifamily 100.0%
249 Ramada Limited $ 1,898,305 Hotel Ramada Limited N/A
250 Secluded Oaks Villas Apartments $ 1,897,405 Multifamily 79.0%
251 Colonial Mobile Home Park $ 1,891,829 Mobile Home Park 100.0%
252 Plaza North Medical Building $ 1,823,190 Office 77.0%
253 Camelot Apartments $ 1,807,976 Multifamily 86.0%
254 Northlake Quadrangle $ 1,797,991 Retail 78.0%
255 Gordon Street Apartments $ 1,797,346 Multifamily 100.0%
256 Northgate Apartments $ 1,795,862 Multifamily 99.0%
257 Sepulveda Crest Apartments $ 1,794,779 Multifamily 90.0%
258 Morningstar Mini-Storage $ 1,743,781 Self Storage 67.0%
259 Chateaux Verde Apartments $ 1,742,232 Multifamily 99.0%
260 Homestead Corner Shopping Center $ 1,707,954 Retail 100.0%
261 Lake Villa Apartments $ 1,697,609 Multifamily 99.0%
262 F & H Warehouse $ 1,685,255 Industrial 100.0%
263 Avian Plaza Shopping Center $ 1,648,718 Retail 100.0%
264 Port Orchard Mini Storage $ 1,648,445 Self Storage 88.0%
265 Sequoia Grove Apartments $ 1,626,427 Multifamily 97.0%
266 Emerald Park Apartments $ 1,597,369 Multifamily 98.0%
267 The Miller Center $ 1,597,174 Retail 100.0%
268 Rancho San Diego Town & Country $ 1,594,320 Retail 100.0%
269 French Quarters East Apartments $ 1,550,000 Multifamily 100.0%
270 The Forest Apartments $ 1,540,000 Multifamily 89.0%
271 Oakhill Apartments $ 1,520,000 Multifamily 92.0%
272 STOR-N-LOCK $ 1,498,503 Self Storage 85.0%
273 Autumn Ridge Apartments $ 1,491,294 Multifamily 93.0%
274 Hyde Park $ 1,465,568 Mobile Home Park 92.0%
<CAPTION>
<S> <C> <C> <C> <C> <C>
218 Viewmont Estates Mobile Home Park 02/21/98 $ 41 $ 51 Both
219 1731-1751 Washington Street 03/09/98 $ 225 $ 225 Both
220 Penninsula Professional Building 01/01/98 $ 0.27 $ 0.15 Both
221 Creekside Mobile Estates 02/27/98 $ 50 $ 50 Both
222 Alexandria Square 01/01/98 $ -- $ 0.10 Both
223 Advo Building 02/25/98 $ -- $ 0.15 Both
224 White Pines Plaza 01/01/98 $ 3.15 $ 0.26 Both
225 North Shore Estates 03/10/98 $ 34 $ 34 Tax
226 River's Edge Apartments 03/31/98 $ 250 $ 250 Both
227 109-111 Grant Avenue 01/01/98 $ -- $ 0.20 Both
228 Royal Oaks Senior Community Park 01/12/98 $ 31 $ 50 Both
229 Parker Marketplace Phase II 01/01/98 $ -- $ 0.15 Both
230 Summer Creek Apartments 03/17/98 $ 182 $ 250 Both
231 Robarts Mobile Home Park 01/20/98 $ 25 $ 25 Both
232 Woodcrest Townhome Apartments 05/01/98 $ 250 $ 250 Both
233 Planters Trace 02/09/98 $ 255 $ 255 Both
234 Stone Oak Apartments 01/01/98 $ 250 $ 250 Both
235 Hidden Hills Mobile Home Park 02/01/98 $ 0 $ 50 Both
236 Tiger Mart 12/31/97 $ -- $ -- Both
237 Park Lane Terrace Apartments 03/01/98 $ 260 $ 260 Both
238 Quail Hollow Business Park 11/01/97 $ -- $ 0.19 Both
239 Campus Square Apartments 04/01/98 $ 250 $ 300 Both
240 Bridgeport Professional Building 02/12/98 $ 0.20 $ 0.20 Both
241 Brigham's Landing Shopping Center 09/30/97 $ -- $ 0.15 Both
242 Boulevard Shoppes II 10/02/97 $ 0.26 $ 0.26 Tax
243 The Clusters Apartments 12/15/97 $ 250 $ 250 Both
244 Fairfield Inn - Dothan 09/30/97 4.00% 4.00% Both
245 Valley Manor 12/31/97 $ 0 $ 50 Both
246 Sunrise Village Apartments 12/31/97 $ 565 $ 565 Both
247 Ridgewood Apartments 02/11/98 $ 0 $ 208 None
248 Bella Vista Terrace 03/18/98 $ 250 $ 200 Both
249 Ramada Limited 12/31/97 4.00% 4.00% Both
250 Secluded Oaks Villas Apartments 03/02/98 $ 250 $ 250 Both
251 Colonial Mobile Home Park 11/01/97 $ 0 $ 50 Both
252 Plaza North Medical Building 03/01/98 $ -- $ 0.19 Both
253 Camelot Apartments 03/09/98 $ 200 $ 200 Both
254 Northlake Quadrangle 10/01/97 $ 0.15 $ 0.15 Both
255 Gordon Street Apartments 10/31/97 $ 300 $ 300 Both
256 Northgate Apartments 12/22/97 $ 316 $ 316 Tax
257 Sepulveda Crest Apartments 12/11/97 $ 250 $ 250 Both
258 Morningstar Mini-Storage 11/30/97 $ 0.15 $ 0.15 Both
259 Chateaux Verde Apartments 03/01/98 $ 250 $ 250 Both
260 Homestead Corner Shopping Center 01/30/98 $ -- $ 0.23 Both
261 Lake Villa Apartments 12/31/97 $ 250 $ 250 Both
262 F & H Warehouse 11/01/97 $ 0.15 $ 0.15 Both
263 Avian Plaza Shopping Center 11/11/97 $ -- $ 0.30 Both
264 Port Orchard Mini Storage 02/14/98 $ -- $ 0.24 Tax
265 Sequoia Grove Apartments 12/30/97 $ 251 $ 251 Both
266 Emerald Park Apartments 01/07/98 $ 250 $ 250 Both
267 The Miller Center 01/01/98 $ -- $ 0.21 Both
268 Rancho San Diego Town & Country 10/01/97 $ -- $ 0.15 Both
269 French Quarters East Apartments 12/31/97 $ 250 $ 270 Both
270 The Forest Apartments 03/17/98 $ 250 $ 250 Both
271 Oakhill Apartments 02/05/98 $ 334 $ 334 Both
272 STOR-N-LOCK 01/31/98 $ 0.22 $ 0.22 Both
273 Autumn Ridge Apartments 08/14/97 $ 250 $ 250 Both
274 Hyde Park 10/31/97 $ 0 $ 25 None
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
275 701 Franklin Center $ 1,456,177 Retail 100.0%
276 Savoy Condominiums $ 1,420,269 Multifamily 98.0%
277 Meriden East Apartments $ 1,416,840 Multifamily 95.0%
278 Tradewinds Apartments $ 1,400,000 Multifamily 96.0%
279 Courtyard Plaza $ 1,400,000 Retail 88.0%
280 Regency Manor Apartments $ 1,399,208 Multifamily 94.0%
281 Hood Chalet Mobile Estates $ 1,398,630 Mobile Home Park 100.0%
282 Mauna Kea Apartments $ 1,396,209 Multifamily 97.0%
283 Deer Creek Apartments $ 1,329,283 Multifamily 94.0%
284 Evergreen Place Condominiums $ 1,315,732 Multifamily 98.0%
285 Autumn Creek Apartments $ 1,267,850 Multifamily 100.0%
286 Midtown at Main $ 1,234,417 Retail 100.0%
287 Park Place Center $ 1,225,099 Retail 87.0%
288 International Self Storage $ 1,197,443 Self Storage 91.0%
289 Villa Catalina Apartments $ 1,170,000 Multifamily 100.0%
290 Loc-'N-Stor Self Storage $ 1,123,969 Self Storage 98.0%
291 Timberline Mobile Home Park $ 1,100,000 Mobile Home Park 100.0%
292 Rancho Villa $ 1,099,393 Mobile Home Park 100.0%
293 Timberland Ridge Apartments $ 1,097,524 Multifamily 100.0%
294 Leewood Apartments $ 1,096,367 Multifamily 99.0%
295 Glen Mark Apartments $ 1,024,376 Multifamily 96.0%
296 Pinecroft Mobile Home Park $ 1,000,000 Mobile Home Park 98.0%
297 Eckerds Drugstore $ 993,622 Retail 100.0%
298 Eastern Promenade Apartments $ 957,863 Multifamily 94.0%
299 Belle Meade Apartments $ 878,804 Multifamily 90.0%
300 Riverview Plaza II $ 783,233 Retail 100.0%
301 Westmoreland Warehouse $ 573,043 Industrial 100.0%
============
Total/Weighted Average: $ 1,572,629,582 96.4%
============
Maximum: $ 94,602,208 100.0%
Minimum: $ 573,043 67.0%
<CAPTION>
<S> <C> <C> <C> <C> <C>
275 701 Franklin Center 10/19/97 $ 0.15 $ 0.15 Both
276 Savoy Condominiums 11/26/97 $ 300 $ 300 Both
277 Meriden East Apartments 09/26/97 $ 248 $ 248 Both
278 Tradewinds Apartments 03/17/98 $ 250 $ 250 Both
279 Courtyard Plaza 04/08/98 $ 0.27 $ 0.18 Both
280 Regency Manor Apartments 02/26/98 $ 250 $ 250 Both
281 Hood Chalet Mobile Estates 02/24/98 $ 81.95 $106.10 Both
282 Mauna Kea Apartments 04/16/98 $ 250 $ 250 Both
283 Deer Creek Apartments 03/01/98 $ 259 $ 259 Both
284 Evergreen Place Condominiums 01/25/98 $ 250 $ 255 Both
285 Autumn Creek Apartments 07/23/97 $ 250 $ 250 Both
286 Midtown at Main 11/03/97 $ -- $ 0.15 Both
287 Park Place Center 10/19/97 $ 0.15 $ 0.15 Both
288 International Self Storage 02/10/98 $ 0.15 $ 0.15 Both
289 Villa Catalina Apartments 04/01/98 $ 250 $ 250 Both
290 Loc-'N-Stor Self Storage 12/03/97 $ 0.15 $ 0.15 Both
291 Timberline Mobile Home Park 11/29/97 $ 0 $ 50 Both
292 Rancho Villa 01/01/98 $ 0 $ 50 Both
293 Timberland Ridge Apartments 02/01/98 $ 250 $ 250 Both
294 Leewood Apartments 03/01/98 $ 250 $ 250 Both
295 Glen Mark Apartments 04/01/98 $ 250 $ 250 Both
296 Pinecroft Mobile Home Park 01/01/98 $ 0 $ 50 Both
297 Eckerds Drugstore 12/31/97 $ 1.56 $ 0.15 Both
298 Eastern Promenade Apartments 03/05/98 $ 250 $ 250 Both
299 Belle Meade Apartments 02/12/98 $ 250 $ 250 Both
300 Riverview Plaza II 03/19/98 $ -- $ 0.15 Both
301 Westmoreland Warehouse 12/31/97 $ -- $ 0.15 Both
===================
Total/Weighted Average: 12/06/97
===================
Maximum: 05/06/98
Minimum: 10/17/87
</TABLE>
(1A) The Mortgage Loans secured by Raritan Plaza I and Raritan Center Industrial
Portfolio, respectively, are cross-collateralized and cross-defaulted.
(1B) The Mortgage Loans secured by Holiday Inn - Jacksonville Airport and
Courtyard by Marriott, respectively, are cross-collateralized and
cross-defaulted.
(1C) The Mortgage Loans secured by Courtyard by Marriott - Pensacola, Courtyard
by Marriott - Tuscaloosa, Fairfield Inn - Pensacola, Fairfield Inn -
Birmingham and Fairfield Inn - Tuscaloosa, respectively, are
cross-collateralized and cross-defaulted.
(1D) The Mortgage Loans secured by Royal Plaza Hotel - Marlborough and Royal
Plaza Hotel- Fitchburg, respectively, are cross-collateralized and
cross-defaulted.
(1E) The Mortgage Loans secured by Highland Pavilion Shopping Center and
Highland Pavilion Cinema, respectively, are cross-collateralized and
cross-defaulted.
(1F) The Mortgage Loans secured by Flower Hill Professional Center and Flower
Hill McDonald's, respectively, are cross-collateralized and
cross-defaulted.
(1G) The Mortgage Loans secured by Mesa Properties and Wyoming Ave. and Enzie
Drive Apartments, respectively, are cross-collateralized and
cross-defaulted.
(1H) The Mortgage Loans secured by Tivoli Condominiums, Cross Creek Apartments
and Tamara Hills Townhomes, respectively, are cross-collateralized and
cross-defaulted.
(1I) The Mortgage Loans secured by Bridge Street Lodge and P&R Building,
respectively, are cross-collateralized and cross-defaulted.
(1J) The Mortgage Loans secured by Cedarfield Plaza and Greece Mini Storage,
respectively, are cross-collateralized and cross-defaulted.
(2) Summer Cove Apartments has an interest only period of 24 months and will
begin to amortize over a 96 month term.
(3) RUN IN Food Store Portfolio consists of one loan on eight properties.
(4) Assumes a Cut-off Date of June 1, 1998.
(5) Does not include any Mortgage Loans secured by hotel properties.
<PAGE>
Multifamily Schedule
<TABLE>
<CAPTION>
Utilities Subject Subject
Cut-off Date Tenant Elevator Studio Studio
# Property Name (1) Balance (3) Pays (Y/N) Units Avg. Rent
- ----------------- ----------- --------- ----- ------- ---------
<S> <C> <C> <C> <C> <C> <C>
1 The Rivergate $94,602,208 N/A No 0 $0
5 The Camargue $29,900,164 Electric Yes 0 $0
6 Casa Arroyo Apartments $23,984,720 Electric No 3 $752
7 Ballena Village Apartments $21,954,541 N/A No 63 $767
10 Magnolia Lake Apartments $20,500,000 Electric No 0 $0
11 Park Terrace $19,966,398 Electric/Water/Sewer No 0 $0
12 Autumn Chase Apartments $19,472,137 Electric No 33 $564
21 Chandler Place Apartments $15,690,004 Electric No 0 $0
22 Summer Cove Apartments (2) $15,168,794 Electric/Gas/Water/Sewer No 0 $0
23 Lake & Racquet Apartments $14,979,511 Electric Yes 0 $0
24 Stone Ends Apartments $14,219,052 Electric No 0 $0
25 Canyon Club Apartments $13,558,248 Electric No 0 $0
32 Plumtree-MI $12,492,089 Electric No 0 $0
35 Randall Lane, Park Place I & II $11,464,221 Electric/Gas No 0 $0
44 Forest Glen Apartments $9,743,548 Electric No 0 $0
47 Breckenridge Apartments $9,347,127 Electric No 0 $0
55 Aspen Ridge Apartments $8,074,631 Electric No 0 $0
62 Cypress Pointe Apartments $7,189,837 Electric No 0 $0
67 Bancroft Hall Apartments $6,953,647 Electric No 0 $0
72 Elmonica Court Apartments $6,795,592 Electric/Water/Sewer No 36 $563
74 Plum Tree Apartments $6,695,709 Electric/Gas No 0 $0
77 Las Brisas Apartments $6,564,310 Electric No 0 $0
79 Waldan Pond & Waldan Chase Apts $6,446,089 Electric/Gas No 0 $0
80 Aspen Park Apartments $6,192,234 Electric No 0 $0
83 Bridgepoint Apartments $5,996,406 Electric No 24 $480
97 Vista Mar Apartments $5,183,532 Electric/Gas/Water/Sewer No 0 $0
102 South Pointe Apartments $4,917,198 Electric No 0 $0
103 Mesa Properties (1A) $3,100,000 Electric/Gas/Water/Sewer No 0 $0
104 Wyoming Ave. and Enzie Drive Apartments (1A) $1,800,000 Electric No 0 $0
108 Tivoli Condominiums (1B) $2,098,758 Electric/Water/Sewer No 0 $0
109 Cross Creek Apartments (1B) $1,479,124 Electric No 0 $0
110 Tamara Hills Townhomes (1B) $1,069,367 Electric/Water No 0 $0
113 Camelot Apartments $4,593,379 Electric No 0 $0
117 Heritage Square Apartments $4,397,549 Electric/Gas No 0 $0
120 Spring Villas $4,356,224 Electric No 0 $0
121 Sierra Point Apartments $4,331,319 Electric/Gas/Water No 0 $0
124 Stone Creek Apartments $4,263,734 Electric/Gas No 16 $520
125 Florida Avenue Apartments $4,191,479 Electric/Gas/Water/Sewer No 0 $0
127 Commonwealth Avenue Apartments $4,179,055 Electric No 33 $616
131 New West Village Apartments $4,084,931 Electric No 0 $0
132 Brookside Apartments $4,061,787 Electric No 18 $324
133 Vinyard Gardens $4,017,864 Electric No 0 $0
134 Hidden Bay Village Apartments $4,000,000 Electric/Gas No 0 $0
135 Raintree Apartments $4,000,000 Electric/Gas No 0 $0
138 Longbranch Apartments $3,993,973 Electric No 0 $0
144 Tivoli Apartments $3,700,000 Electric/Gas No 0 $0
149 Aspen Village Apartments $3,590,501 Electric No 0 $0
151 South Plains Apartments $3,513,458 Electric/Gas No 16 $308
152 Royal Oaks Apartments $3,506,589 Electric Yes 1 $375
153 Northwinds Apartment Complex $3,500,000 Electric No 0 $0
159 Hampton North Townhomes & Apartments $3,386,446 Electric No 0 $0
167 Rivershores Apartments $3,175,356 Electric/Gas No 0 $0
169 Governor's Palace $3,095,825 N/A No 5 $377
170 Brookhollow Apartments $3,088,680 Electric/Gas No 0 $0
174 The Colonnade at Turtle Creek Apartments $3,025,575 Electric Yes 0 $0
180 Seaport Villas $2,948,178 N/A No 0 $0
184 Red Lion Apartments $2,877,238 Electric/Gas No 0 $0
192 509-511 Amsterdam Avenue $2,748,244 Electric/Gas No 0 $0
<CAPTION>
Subject Subject Subject Subject Subject Subject Subject Subject
1 BR 1 BR 2 BR 2 BR 3 BR 3 BR 4 BR 4 BR
# Property Name (1) Units Avg. Rent Units Avg. Rent Units Avg. Rent Units Avg. Rent
- ----------------- ------- --------- ------- --------- ------- --------- ------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
1 The Rivergate 448 N/A 258 N/A 0 $0 0 $0
5 The Camargue 203 $1,770 58 $2,634 0 $0 0 $0
6 Casa Arroyo Apartments 290 $823 101 $980 0 $0 0 $0
7 Ballena Village Apartments 207 $853 122 $985 0 $0 0 $0
10 Magnolia Lake Apartments 104 $620 310 $725 72 $870 0 $0
11 Park Terrace 0 $0 228 $981 76 $1,075 0 $0
12 Autumn Chase Apartments 319 $662 198 $750 0 $0 0 $0
21 Chandler Place Apartments 124 $788 170 $791 26 $813 0 $0
22 Summer Cove Apartments (2) 64 $708 128 $882 32 $1,000 0 $0
23 Lake & Racquet Apartments 288 $515 138 $638 0 $0 0 $0
24 Stone Ends Apartments 183 $762 93 $876 0 $0 0 $0
25 Canyon Club Apartments 160 $634 176 $719 0 $0 0 $0
32 Plumtree-MI 64 $452 254 $547 88 $649 0 $0
35 Randall Lane, Park Place I & II 88 $571 303 $666 0 $0 0 $0
44 Forest Glen Apartments 56 $616 96 $734 32 $839 0 $0
47 Breckenridge Apartments 284 $366 233 $421 87 $531 0 $0
55 Aspen Ridge Apartments 114 $435 126 $593 0 $0 0 $0
62 Cypress Pointe Apartments 80 $581 116 $710 0 $0 0 $0
67 Bancroft Hall Apartments 28 $496 154 $556 57 $691 5 $765
72 Elmonica Court Apartments 84 $629 24 $773 0 $0 0 $0
74 Plum Tree Apartments 64 $804 52 $875 0 $0 0 $0
77 Las Brisas Apartments 60 N/A 118 N/A 0 $0 0 $0
79 Waldan Pond & Waldan Chase Apts 40 $571 144 $664 0 $0 0 $0
80 Aspen Park Apartments 112 $391 168 $479 0 $0 0 $0
83 Bridgepoint Apartments 104 $543 72 $671 0 $0 0 $0
97 Vista Mar Apartments 83 $529 116 $645 43 $704 0 $0
102 South Pointe Apartments 28 $409 228 $456 0 $0 0 $0
103 Mesa Properties (1A) 80 $314 0 $0 0 $0 0 $0
104 Wyoming Ave. and Enzie Drive Apartments (1A) 39 $450 64 $545 0 $0 0 $0
108 Tivoli Condominiums (1B) 16 $400 62 $498 1 $625 0 $0
109 Cross Creek Apartments (1B) 0 $0 16 $530 11 $750 8 $940
110 Tamara Hills Townhomes (1B) 0 $0 36 $582 0 $0 4 $980
113 Camelot Apartments 178 $338 101 $428 8 $496 0 $0
117 Heritage Square Apartments 96 $489 72 $603 0 $0 0 $0
120 Spring Villas 24 $521 56 $576 56 $610 0 $0
121 Sierra Point Apartments 70 $492 102 $611 40 $805 0 $0
124 Stone Creek Apartments 162 $463 32 $638 0 $0 0 $0
125 Florida Avenue Apartments 0 $0 24 $518 0 $0 0 $0
127 Commonwealth Avenue Apartments 45 $763 27 $1,093 0 $0 1 $1,695
131 New West Village Apartments 32 $408 76 $536 92 $625 0 $0
132 Brookside Apartments 92 $394 94 $503 0 $0 0 $0
133 Vinyard Gardens 22 $479 115 $549 0 $0 0 $0
134 Hidden Bay Village Apartments 152 $450 32 $560 0 $0 0 $0
135 Raintree Apartments 32 $503 106 $578 0 $0 0 $0
138 Longbranch Apartments 0 $0 184 $450 0 $0 0 $0
144 Tivoli Apartments 72 $480 68 $560 0 $0 0 $0
149 Aspen Village Apartments 48 $354 148 $452 24 $550 0 $0
151 South Plains Apartments 24 $397 71 $517 32 $738 0 $0
152 Royal Oaks Apartments 40 $500 140 $610 0 $0 0 $0
153 Northwinds Apartment Complex 112 $395 0 $0 0 $0 0 $0
159 Hampton North Townhomes & Apartments 93 $524 34 $659 0 $0 0 $0
167 Rivershores Apartments 18 $422 102 $479 8 $610 0 $0
169 Governor's Palace 67 $441 88 $574 0 $0 0 $0
170 Brookhollow Apartments 24 $450 88 $514 48 $650 0 $0
174 The Colonnade at Turtle Creek Apartments 46 $854 9 $986 0 $0 0 $0
180 Seaport Villas 20 $462 80 $560 0 $0 0 $0
184 Red Lion Apartments 48 $475 54 $575 0 $575 0 $0
192 509-511 Amsterdam Avenue 3 $1,250 21 $1,500 0 $0 0 $0
</TABLE>
<PAGE>
Multifamily Schedule
<TABLE>
<CAPTION>
Utilities Subject Subject Subject
Cut-off Date Tenant Elevator Studio Studio 1 BR
# Property Name (1) Balance (3) Pays (Y/N) Units Avg. Rent Units
-- ----------------- ----------- --------- ----- ------- --------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
194 Towne East Village Apartments $2,691,335 Electric No 0 $0 60
196 Bent Oak Apartments $2,650,000 Electric/Gas No 0 $0 60
197 Summit Apartments $2,606,462 Electric No 0 $0 72
201 Willamette Terrace $2,551,182 Electric/Water No 0 $0 19
203 79 Worth Street $2,544,466 N/A Yes 0 $0 0
206 Lookout Ridge Apartments $2,500,000 Electric/Gas No 0 $0 96
210 Governor's Terrace $2,464,481 Electric/Gas Yes 3 $617 29
219 1731-1751 Washington Street $2,200,000 Electric No 0 $0 11
226 River's Edge Apartments $2,096,004 Electric No 0 $0 113
230 Summer Creek Apartments $2,060,000 Electric No 0 $0 0
232 Woodcrest Townhome Apartments $2,000,000 Electric No 0 $0 0
233 Planters Trace $1,998,661 Electric No 0 $0 36
234 Stone Oak Apartments $1,997,046 Electric/Gas/Water No 0 $0 40
237 Park Lane Terrace Apartments $1,994,058 N/A No 0 $0 51
239 Campus Square Apartments $1,993,907 Electric No 149 $324 42
243 The Clusters Apartments $1,987,631 Electric No 0 $0 282
246 Sunrise Village Apartments $1,941,676 Electric No 0 $0 0
247 Ridgewood Apartments $1,900,000 Electric/Gas No 0 $0 44
248 Bella Vista Terrace $1,898,826 Electric No 0 $0 50
250 Secluded Oaks Villas Apartments $1,897,405 Electric/Gas No 0 $0 0
253 Camelot Apartments $1,807,976 Electric No 0 $0 12
255 Gordon Street Apartments $1,797,346 Electric No 24 $640 30
256 Northgate Apartments $1,795,862 Electric No 0 $0 9
257 Sepulveda Crest Apartments $1,794,779 Electric No 8 $438 49
259 Chateaux Verde Apartments $1,742,232 Electric/Gas No 0 $0 12
261 Lake Villa Apartments $1,697,609 Electric No 0 $0 16
265 Sequoia Grove Apartments $1,626,427 Electric No 0 $0 25
266 Emerald Park Apartments $1,597,369 Electric/Water/Sewer No 0 $0 0
269 French Quarters East Apartments $1,550,000 Electric/Gas/Water/Sewer No 0 $0 35
270 The Forest Apartments $1,540,000 Electric No 7 $340 28
271 Oakhill Apartments $1,520,000 Electric No 1 $350 48
273 Autumn Ridge Apartments $1,491,294 Electric No 116 $384 0
276 Savoy Condominiums $1,420,269 Electric/Gas No 0 $0 20
277 Meriden East Apartments $1,416,840 Electric No 0 $0 32
278 Tradewinds Apartments $1,400,000 Electric/Gas No 2 $400 45
280 Regency Manor Apartments $1,399,208 Electric No 0 $0 5
282 Mauna Kea Apartments $1,396,209 Electric/Gas No 0 $0 0
283 Deer Creek Apartments $1,329,283 Electric No 0 $0 0
284 Evergreen Place Condominiums $1,315,732 Electric No 0 $0 28
285 Autumn Creek Apartments $1,267,850 Electric No 0 $0 38
289 Villa Catalina Apartments $1,170,000 Electric Yes 14 $400 19
293 Timberland Ridge Apartments $1,097,524 Electric No 0 $0 22
294 Leewood Apartments $1,096,367 Electric No 0 $0 24
295 Glen Mark Apartments $1,024,376 Electric No 0 $0 34
298 Eastern Promenade Apartments $957,863 Electric No 0 $0 20
299 Belle Meade Apartments $878,804 Electric No 0 $0 24
<CAPTION>
Subject Subject Subject Subject Subject Subject Subject
1 BR 2 BR 2 BR 3 BR 3 BR 4 BR 4 BR
# Property Name (1) Avg. Rent Units Avg. Rent Units Avg. Rent Units Avg. Rent
-- ----------------- --------- ------- --------- ------- --------- ------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
194 Towne East Village Apartments $473 40 $610 0 $0 0 $0
196 Bent Oak Apartments $448 60 $525 0 $0 0 $0
197 Summit Apartments $658 40 $883 0 $0 0 $0
201 Willamette Terrace $457 41 $516 16 $610 0 $0
203 79 Worth Street $0 9 $5,039 0 $0 0 $0
206 Lookout Ridge Apartments $473 47 $600 0 $0 0 $0
210 Governor's Terrace $737 18 $913 0 $0 0 $0
219 1731-1751 Washington Street $678 37 $772 0 $0 0 $0
226 River's Edge Apartments $410 39 $480 8 $635 0 $0
230 Summer Creek Apartments $0 120 $415 0 $0 0 $0
232 Woodcrest Townhome Apartments $0 78 $525 0 $0 0 $0
233 Planters Trace $401 48 $466 12 $540 0 $0
234 Stone Oak Apartments $419 55 $485 0 $0 0 $0
237 Park Lane Terrace Apartments $343 83 $462 18 $573 0 $0
239 Campus Square Apartments $422 3 $653 0 $0 0 $0
243 The Clusters Apartments $382 0 $0 0 $0 0 $0
246 Sunrise Village Apartments $0 0 $0 48 $1,475 0 $0
247 Ridgewood Apartments $395 44 $459 0 $0 0 $0
248 Bella Vista Terrace $454 28 $572 0 $0 0 $0
250 Secluded Oaks Villas Apartments $0 52 $888 0 $0 0 $0
253 Camelot Apartments $418 76 $463 12 $588 0 $0
255 Gordon Street Apartments $693 0 $0 1 $1,000 0 $0
256 Northgate Apartments $424 59 $482 4 $570 0 $0
257 Sepulveda Crest Apartments $555 14 $718 0 $0 0 $0
259 Chateaux Verde Apartments $495 45 $640 9 $725 0 $0
261 Lake Villa Apartments $470 48 $560 0 $0 0 $0
265 Sequoia Grove Apartments $639 9 $719 0 $0 0 $0
266 Emerald Park Apartments $0 62 $509 0 $0 0 $0
269 French Quarters East Apartments $420 35 $480 0 $0 0 $0
270 The Forest Apartments $380 64 $440 14 $535 0 $0
271 Oakhill Apartments $412 24 $460 0 $0 0 $0
273 Autumn Ridge Apartments $0 0 $0 0 $0 0 $0
276 Savoy Condominiums $568 42 $789 0 $0 0 $0
277 Meriden East Apartments $495 34 $560 0 $0 0 $0
278 Tradewinds Apartments $380 37 $477 0 $0 0 $0
280 Regency Manor Apartments $378 92 $495 0 $0 0 $0
282 Mauna Kea Apartments $0 30 $720 0 $0 0 $0
283 Deer Creek Apartments $0 36 $478 12 $570 0 $0
284 Evergreen Place Condominiums $488 26 $640 0 $0 0 $0
285 Autumn Creek Apartments $374 40 $485 4 $725 0 $0
289 Villa Catalina Apartments $500 9 $650 0 $0 0 $0
293 Timberland Ridge Apartments $450 24 $550 0 $0 0 $0
294 Leewood Apartments $349 52 $491 12 $661 0 $0
295 Glen Mark Apartments $365 38 $425 0 $0 0 $0
298 Eastern Promenade Apartments $530 16 $602 0 $0 0 $0
299 Belle Meade Apartments $518 15 $561 1 $1,100 0 $0
</TABLE>
(1A) The Mortgage Loans secured by Mesa Properties and Wyoming Ave. and Enzie
Drive Apartments, respectively, are cross-collateralized and
cross-defaulted.
(1B) The Mortgage Loans secured by Tivoli Condominiums, Cross Creek Apartments
and Tamara Hills Townhomes, respectively, are cross-collateralized and
cross-defaulted.
(2) Summer Cove Apartments has an interest only period of 24 months and will
begin to amortize over a 96 month term.
