SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
DATE OF REPORT: OCTOBER 22, 1999
- ---------------------------------
(Date of earliest event reported)
ASSET SECURITIZATION CORPORATION,
COMMERCIAL MORTGAGE ASSET TRUST
COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-C2
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-53859 13-3672337
- --------------------------------------------------------------------------------
(State or Other (Commission (I.R.S. Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
Two World Financial Center, Building B, New York, New York 10281
- --------------------------------------------------------------------------------
Address of Principal Executive Office
Registrant's telephone number, including area code: (212) 667-9300
<PAGE>
ITEM 5. OTHER EVENTS.
Attached as Exhibit 99.1 to this Current Report are certain
materials (the "Collateral Term Sheets") furnished to Registrant by Goldman,
Sachs & Co., Nomura Securities International, Inc. and Donaldson, Lufkin &
Jenrette Securities Corporation (the "Underwriters"), the Underwriters in
respect of the Registrant's Commercial Mortgage Asset Trust, Commercial Mortgage
Pass-Through Certificates, Series 1999-C2 (the "Certificates"). The Certificates
are being offered pursuant to a Prospectus and related Prospectus Supplement
(together, the "Prospectus"), which will be filed with the Commission pursuant
to Rule 424(b)(5) under the Securities Act of 1933, as amended (the "Act"). The
Certificates have been registered pursuant to the Act under a Registration
Statement on Form S-3 (No. 333-53859) (the "Registration Statement"). The
Registrant hereby incorporates the Collateral Term Sheets by reference in the
Registration Statement.
The Collateral Term Sheets were prepared solely by the Underwriters,
and the Registrant did not prepare or participate in the preparation of the
Collateral Term Sheets.
Any statement or information contained in the Collateral Term Sheets
shall be deemed to be modified or superseded for purposes of the Prospectus and
the Registration Statement by statements or information contained in the
Prospectus.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit No. Description
----------- -----------
99.1 Collateral Term Sheets
<PAGE>
Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.
ASSET SECURITIZATION CORPORATION
By: /S/ BRAD ALTBERGER
-------------------------------
Name: Brad Altberger
Title: Vice President
Date: October 22, 1999
<PAGE>
EXHIBIT INDEX
Exhibit No. Description Paper (P) or Electronic (E)
----------- ----------- ---------------------------
99.1 Collateral Term Sheets E
This material is for your private information and we are not soliciting any
action based upon it. This material is not to be construed as an offer to sell
or the solicitation of any offer to buy any security in any jurisdiction where
such an offer or solicitation would be illegal. This material is based on
information that we consider reliable, but we do not represent that it is
accurate or complete and it should not be relied upon as such. By accepting this
material the recipient agrees that it will not distribute or provide the
material to any other person. The information contained in this material may be
based on assumptions regarding market conditions and other matters as reflected
therein. We make no representations regarding the reasonableness of such
assumptions or the likelihood that any of such assumptions will coincide with
actual market conditions or events, and this material should not be relied upon
for such purposes. We and our affiliates, officers, directors, partners and
employees, including persons involved in the preparation or issuance of this
material may, from time to time, have long or short positions in, and buy and
sell, the securities mentioned therein or derivatives thereof (including
options). This material may be filed with the Securities and Exchange Commission
(the "SEC") and incorporated by reference into an effective registration
statement previously filed with the SEC under Rule 415 of the Securities Act of
1933, including in cases where the material does not pertain to securities that
are ultimately offered for sale pursuant to such registration statement.
Information contained in this material is current as of the date appearing on
this material only. Information in this material regarding any assets backing
any securities discussed herein supersedes all prior information regarding such
assets. All information in this spreadsheet, whether regarding the assets
backing any securities discussed herein or otherwise, will be superseded by the
information contained in any final prospectus for any securities actually sold
to you.
This material is furnished to you by Goldman, Sachs & Co., Nomura Securities
International, Inc. and Donaldson, Lufkin & Jenrette Securities Corporation and
not by the issuer of the securities. Goldman, Sachs & Co. and Nomura Securities
International, Inc. are acting as the lead managers, Donaldson, Lufkin &
Jenrette Securities Corporation is acting as co-manager and none of these
parties are acting as agent for the issuer or its affiliates in connection with
the proposed transaction.
<TABLE>
<CAPTION>
Balloon/
Cut-Off Anticipated
Loan Loan Date Principal Monthly Repayment Date
# Loan Name Type Balance Payment Balance
- --------- ---- ------- ------- -------
<S> <C> <C> <C> <C> <C>
1 Westin Denver Tabor Center hyper 44,593,725 362,504 3,637,680
2 208 South Lasalle hyper 42,788,119 332,187 6,500,741
3 ACCOR Corp. - Pool III - Note B Balloon 40,308,831 236,143 9,938,713
4 Marina Pacific Shopping Center hyper 33,725,031 256,550 4,467,879
5 Luckman Plaza hyper 33,623,958 247,450 7,787,248
6 Henry W. Oliver hyper 33,523,888 259,037 4,960,959
7 Congressional North hyper 32,647,005 242,829 3,197,808
8 80 John Street hyper 29,198,810 230,517 2,328,341
9 633 Indiana Avenue hyper 29,000,000 202,832 1,752,489
10 Bank of America-Vegas hyper 28,479,885 204,177 3,229,435
11 Bayside Exposition Center hyper 22,069,624 161,186 1,288,275
12 Warminster Town Center hyper 20,884,905 158,924 2,415,841
13 Park Place Shops + Entertainment hyper 19,692,004 151,803 2,996,489
14 Campbell Forum hyper 19,660,894 152,960 2,912,900
15 Calaveras Center hyper 19,400,000 140,731 2,326,310
16 Cinemark Fully 18,355,354 123,119 0
17 Mall of Orange hyper 15,500,000 125,303 1,944,765
18 60 Madison Avenue hyper 13,265,426 103,249 1,989,534
19 Geneva Crossing hyper 13,227,139 102,499 2,029,801
20 La Jolla Village Professional Ctr. hyper 13,103,073 100,591 4,694,086
21 Allied Portfolio hyper 12,850,396 104,825 2,251,192
22 Auerbach Retail Portfolio hyper 12,256,059 86,601 1,268,941
23 SL-Mentor II Facility hyper 11,100,000 75,375 1,022,747
24 Signature Place/Overland hyper 9,976,778 73,865 2,140,198
25 BGK - Park Fletcher hyper 8,796,886 60,253 808,157
26 Staples Plaza hyper 8,776,196 61,902 782,371
27 Euless Town Center hyper 8,328,519 59,561 450,215
28 Willow Creek Apartments hyper 7,915,749 58,524 792,413
29 Bayou Walk Village Shopping Center hyper 7,885,913 61,378 1,182,727
30 BGK Lakewood hyper 7,480,144 51,888 753,273
31 Lakeside Office Park hyper 7,412,583 53,536 418,139
32 Regal Cinema hyper 7,030,211 53,797 681,687
33 East Town Mall hyper 6,851,529 51,411 444,716
34 Spring Glen Medical Center hyper 6,415,759 47,020 704,433
35 532 Broad Hollow Road hyper 6,402,648 48,695 865,340
36 Manassas Executive Center hyper 6,240,164 48,320 930,300
37 Fairway Corporate Center hyper 6,037,079 47,077 901,469
38 Circuit City-Philadelphia Balloon 5,821,598 37,064 2,803,968
39 Westbury Lakes Apartments hyper 5,762,708 43,639 352,974
40 Northridge Shopping Center hyper 5,533,666 43,054 390,183
41 100 Cortland Office Portfolio hyper 5,442,813 42,443 812,735
42 Northwood Village Apartments hyper 5,261,826 39,131 423,888
43 Stadium Apartments hyper 4,836,987 34,203 427,279
44 Dekalb Plaza hyper 4,549,820 32,536 504,261
45 Circuit City-Ridgeland Balloon 4,158,283 26,474 2,002,830
46 Belgravia Building hyper 3,974,806 28,500 0
47 Southwest Pointe Apartments hyper 3,938,051 27,496 320,563
48 Short Pump Village hyper 3,751,913 27,739 216,701
49 Circuit City-Indianapolis Balloon 3,742,455 23,827 1,802,547
50 Chestnut Gardens hyper 3,197,265 23,126 358,125
51 Treehouse Apartments hyper 3,100,000 22,553 375,858
52 Bayshore Village hyper 3,029,642 20,612 228,577
53 Cobleskill Center hyper 2,989,654 21,027 311,061
54 Sports Park Plaza hyper 2,954,581 20,425 272,494
55 Cedar Grove Mobile Home Park hyper 2,889,455 22,315 200,278
56 Circuit City-Jackson Balloon 2,744,467 17,473 1,321,869
57 BGK-Parham 64 hyper 2,553,718 17,340 228,572
58 Circuit City-Wichita Falls Balloon 2,494,969 15,885 1,201,696
59 Circuit City-Kingsport Balloon 2,494,969 15,885 1,201,696
60 231 & 235 East 117th Street hyper 2,398,074 17,030 254,892
61 Willow Creek Manor hyper 2,376,178 16,048 207,918
62 312, 318 & 328 East 106th Street hyper 2,286,925 16,241 243,080
63 234-236 & 238-240 East 116th Street hyper 2,203,317 15,647 234,193
64 Wayzata Bay Office Buildings hyper 2,059,091 14,885 148,531
65 Eastgate/Southgate Apartments hyper 1,913,956 14,299 123,076
66 Schram Tech Park hyper 1,498,458 11,409 101,627
67 215 East 117th Street hyper 1,460,681 10,373 155,256
68 Ironbridge Plaza hyper 1,392,565 9,273 116,363
69 Huffman Business Park Bldg. A&B hyper 1,329,064 8,717 105,206
70 BGK Flatiron hyper 1,289,256 8,754 115,399
71 Winterhaven East Apartments hyper 1,278,516 8,639 102,621
72 Hidden Creek Apartments hyper 1,165,521 7,621 91,192
73 Huffman Business Park Bldgs. M & N hyper 1,123,425 7,368 88,928
74 BGK - Sentry hyper 1,090,909 7,407 97,643
75 BGK - Gateway hyper 1,089,995 7,341 95,354
76 228 East 116th Street hyper 1,081,986 7,684 115,004
77 Greenway Shopping Center hyper 1,071,393 8,658 88,908
78 Huffman Business Park Bldg. O hyper 927,111 6,080 73,386
79 2371 2nd Avenue hyper 767,226 5,449 81,554
80 Huffman Business Park C hyper 697,169 4,572 55,186
81 154 East 106th Street hyper 619,683 4,401 65,865
781,148,433
</TABLE>
<TABLE>
<CAPTION>
Anticipated
Loan Repayment Maturity Actual Non-level Additional
# Date Date Rate 360 Amort. Amort. Amort. Seasoning
- ---- ---- ---- --- ------ ------ ------ ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
1 11-Dec-13 11-Jan-24 8.505% Yes 300 0 27
2 11-Apr-13 11-Apr-28 8.500% Yes 360 0 18
3 1-May-18 7.030% 141 Yes 0 17
4 11-Nov-10 11-Dec-28 8.317% Yes 360 0 11
5 11-Oct-12 11-Oct-27 7.990% Yes 360 0 7
6 11-Jan-14 11-Jan-29 8.500% Yes 360 0 15
7 11-Aug-08 11-Aug-26 7.840% Yes 336 0 21
8 11-Feb-09 11-Feb-29 7.342% Yes 360 0 8
9 11-Oct-09 11-Oct-25 7.040% Yes 312 0 0
10 11-Sep-09 11-Sep-29 7.750% Yes 360 0 1
11 11-Jan-09 11-Jan-24 7.250% Yes 300 0 9
12 11-Feb-10 11-Feb-28 8.240% Yes 340 0 0
13 11-Jun-07 11-Jun-27 8.360% Yes 360 0 27
14 11-Jan-08 11-Jan-28 8.500% Yes 360 0 21
15 11-Oct-09 11-Oct-29 7.880% Yes 360 0 0
16 11-Mar-18 8.049% 240 Yes 0 19
17 11-Apr-09 11-Sep-26 8.780% Yes 323 0 0
18 11-Dec-07 11-Dec-27 8.500% Yes 360 0 22
19 11-Jul-13 11-Jul-28 8.500% Yes 360 0 15
20 11-Apr-09 11-Apr-26 8.450% Yes 360 0 6
21 11-Apr-13 11-Apr-28 8.850% Yes 360 241 18
22 11-Feb-14 11-Feb-29 7.550% Yes 360 0 18
23 11-Sep-09 11-Sep-29 7.196% Yes 299 0 0
24 11-Jul-13 11-May-27 8.000% Yes 360 0 15
25 11-Feb-09 11-Feb-29 7.230% Yes 360 0 18
26 11-Apr-08 11-Jan-28 7.420% Yes 343 0 4
27 11-Jan-08 11-Oct-23 6.970% Yes 300 0 12
28 11-Nov-07 11-Nov-27 7.900% Yes 338 0 1
29 11-Mar-13 11-Dec-27 8.500% Yes 360 0 22
30 11-Jun-09 11-Jun-29 7.392% Yes 360 0 4
31 11-Feb-09 11-Dec-23 7.110% Yes 300 0 10
32 11-Sep-19 11-Jun-26 8.090% Yes 324 240 4
33 11-Jun-08 11-Mar-23 7.430% Yes 300 0 19
34 11-Feb-09 11-Nov-27 7.820% Yes 351 0 14
35 11-Dec-07 11-Sep-27 8.220% Yes 360 0 25
36 11-Sep-08 11-Sep-28 8.500% Yes 360 0 13
37 11-Sep-07 11-Sep-27 8.500% Yes 360 0 25
38 11-Jun-20 7.640% 210 Yes 0 14
39 11-Apr-13 11-Jan-23 7.320% Yes 300 240 21
40 11-Jan-09 11-Nov-23 7.750% Yes 300 192 11
41 11-Sep-07 11-Sep-27 8.500% Yes 360 0 25
42 11-May-13 11-Feb-25 7.640% Yes 324 0 20
43 11-Jun-14 11-Mar-28 7.460% Yes 342 0 1
44 11-Jun-08 11-Mar-28 7.600% Yes 360 0 19
45 11-Jun-20 7.640% 210 Yes 0 14
46 11-Mar-09 11-Mar-29 7.350% Yes 322 0 13
47 11-Mar-08 11-Dec-27 7.300% Yes 338 0 0
48 11-Jul-08 11-Apr-23 7.070% Yes 300 228 18
49 11-Jun-20 7.640% 210 Yes 0 14
50 11-Jan-08 11-Oct-27 7.680% Yes 360 0 24
51 11-Jan-10 11-Oct-29 7.910% Yes 360 0 24
52 11-Apr-14 11-Feb-28 7.050% Yes 340 0 0
53 11-Aug-08 11-May-28 7.440% Yes 360 0 17
54 11-May-08 11-Feb-28 7.230% Yes 360 0 20
55 11-Aug-07 11-Aug-22 7.670% Yes 300 0 26
56 11-Jun-20 7.640% 210 Yes 0 14
57 11-Nov-08 11-Nov-28 7.120% Yes 360 0 11
58 11-Jun-20 7.640% 210 Yes 0 14
59 11-Jun-20 7.640% 210 Yes 0 14
60 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
61 11-Dec-08 11-Sep-28 7.050% Yes 360 0 13
62 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
63 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
64 11-May-08 11-Feb-25 7.320% Yes 324 0 20
65 11-Feb-09 11-Dec-23 7.500% Yes 300 0 10
66 11-Feb-09 11-Dec-23 7.640% Yes 300 240 10
67 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
68 11-Nov-08 11-Aug-28 6.900% Yes 360 0 14
69 11-Feb-14 11-Dec-28 6.780% Yes 360 0 10
70 11-Nov-08 11-Nov-28 7.120% Yes 360 0 11
71 11-Apr-08 11-Jan-28 6.980% Yes 353 0 13
72 11-Mar-14 11-Dec-28 6.750% Yes 360 0 10
73 11-Feb-14 11-Dec-28 6.780% Yes 360 0 10
74 11-Nov-08 11-Nov-28 7.120% Yes 360 0 11
75 11-Oct-08 11-Oct-28 7.030% Yes 360 0 12
76 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
77 11-Aug-07 11-Aug-22 8.230% Yes 300 0 26
78 11-Feb-14 11-Dec-28 6.780% Yes 360 0 10
79 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
80 11-Feb-14 11-Dec-28 6.780% Yes 360 0 10
81 11-Apr-09 11-Jul-28 7.490% Yes 360 300 15
</TABLE>
<TABLE>
<CAPTION>
Anticipated Anticipated
Loan Remaining Remaining Cut-Off Date Balloon/ Repayment Premium
# Term Lockout DSCR LTV Date LTV Lockout Loans
- ---- ------- ---- --- -------- ------- -----
<S> <C> <C> <C> <C> <C> <C> <C>
1 197 169 1.74 57.9% 39.9% 196
2 180 161 1.38 62.0% 51.1% 179 Yes
3 240 222 1.00 91.8% 18.2% 239
4 144 131 1.33 69.5% 60.8% 142
5 163 155 1.29 65.9% 55.0% 162
6 186 170 1.33 72.9% 59.7% 185 Yes
7 127 105 1.22 72.5% 63.6% 126
8 120 107 1.27 72.3% 54.1% 115
9 120 119 1.53 75.3% 61.6% 119
10 120 118 1.48 57.0% 50.7% 119
11 120 110 1.43 61.3% 49.9% 119
12 124 143 1.25 73.3% 64.1% 143
13 119 87 1.33 65.6% 60.2% 114
14 120 91 1.21 69.0% 63.1% 112 Yes
15 120 119 1.28 59.7% 53.2% 119
16 240 220 1.00 100.0% 0.0% 239
17 113 112 1.25 41.9% 37.0% 112
18 120 97 1.22 58.4% 53.5% 119 Yes
19 180 164 1.18 77.8% 64.1% 179 Yes
20 120 112 1.16 59.0% 53.5% 118 Yes
21 180 161 1.24 55.4% 26.9% 179 Yes
22 190 165 1.24 80.4% 63.3% 183
23 119 116 1.65 91.0% 79.8% 116
24 180 164 1.37 64.0% 51.6% 179 Yes
25 130 112 1.27 69.8% 61.6% 130
26 106 94 1.42 56.6% 50.3% 98
27 111 91 1.34 75.7% 63.0% 103
28 98 89 1.41 67.7% 61.0% 90
29 183 153 1.21 75.8% 62.2% 175 Yes
30 120 115 1.41 69.3% 61.2% 119
31 122 108 1.70 47.2% 38.1% 118
32 243 231 1.33 70.3% 1.5% 235
33 123 96 1.22 72.9% 59.9% 115
34 126 105 1.41 56.3% 49.6% 119
35 123 91 1.15 64.0% 58.2% 116
36 120 106 1.21 71.7% 65.4% 119 Yes
37 120 94 1.33 53.4% 49.0% 119 Yes
38 262 244 1.00 97.9% 39.5% 258
39 183 154 1.18 78.5% 33.1% 175
40 122 107 1.45 64.3% 34.8% 118
41 120 94 1.24 62.6% 57.4% 119 Yes
42 183 155 1.13 76.3% 54.9% 175
43 177 168 1.32 78.0% 58.9% 169
44 123 96 1.21 75.8% 67.7% 115
45 262 244 1.00 97.4% 39.3% 258
46 126 112 1.17 63.1% 53.3% 125
47 101 93 1.40 82.9% 73.5% 93
48 123 97 1.43 59.8% 39.6% 115
49 262 244 1.00 97.2% 39.2% 258
50 123 91 1.41 69.5% 62.4% 115
51 147 115 1.48 75.8% 67.4% 139
52 174 166 1.78 62.5% 46.5% 166
53 123 99 1.25 67.2% 59.7% 116
54 123 95 1.59 62.5% 55.3% 115
55 120 86 1.60 43.1% 36.2% 112
56 262 244 1.00 98.1% 39.6% 258
57 120 108 1.62 63.8% 56.3% 119
58 262 244 1.00 98.0% 39.5% 258
59 262 244 1.00 98.0% 39.5% 258
60 129 113 1.61 70.5% 56.8% 128
61 123 102 1.62 72.0% 63.2% 115
62 129 113 1.40 69.3% 55.8% 128
63 129 113 1.46 73.4% 59.1% 128
64 123 95 1.23 67.0% 57.0% 115
65 122 108 1.88 50.5% 41.3% 118
66 122 104 1.25 62.7% 44.0% 114
67 129 113 1.39 76.9% 61.9% 128
68 123 101 1.27 66.6% 58.3% 115
69 182 168 1.66 65.8% 50.0% 178
70 120 108 1.51 67.9% 59.9% 119
71 115 94 1.32 78.7% 69.3% 107
72 183 169 1.70 72.8% 55.1% 179
73 182 168 1.73 67.3% 51.1% 178
74 120 108 1.62 57.4% 50.7% 119
75 120 107 1.20 60.6% 53.3% 119
76 129 113 1.49 72.1% 58.1% 128
77 120 86 1.71 47.6% 40.6% 112
78 182 168 1.68 66.9% 50.8% 178
79 129 113 1.62 51.1% 41.2% 128
80 182 168 1.40 66.4% 50.4% 178
81 129 113 1.54 63.2% 50.9% 128
</TABLE>
<TABLE>
<CAPTION>
Loan Name Property Name City
--------- ------------- ----
<S> <C> <C>
100 Court & Liberty Building 100 Court Des Moines
100 Court & Liberty Building Liberty Building Des Moines
154 East 106th Street 154 East 106th Street New York
208 South Lasalle 208 South Lasalle Chicago
215 East 117th Street 215 East 117th Street New York
228 East 116th Street 228 East 116th Street New York
231-235 East 117th Street 231-235 East 117th Street New York
234-240 East 116th Street 234/236/238/240 East 116th Street New York
2371 2nd Avenue 2371 2nd Avenue New York
312-328 East 106th Street 312 East 106th Street New York
532 Broad Hollow Road 532 Broad Hollow Road Melville
60 Madison 60 Madison Ave. New York
80 John Street 80 John Street New York
Accor-M-Six Limited Partnership (Pool III) 1040 Glenview
Accor-M-Six Limited Partnership (Pool III) 1059 Chicopee
Accor-M-Six Limited Partnership (Pool III) 1078 Danvers
Accor-M-Six Limited Partnership (Pool III) 1254 Merrillville
Accor-M-Six Limited Partnership (Pool III) 1268 Villa Park
Accor-M-Six Limited Partnership (Pool III) 1283 Washington
Accor-M-Six Limited Partnership (Pool III) 156 Nashville
Accor-M-Six Limited Partnership (Pool III) 245 South Bend
Accor-M-Six Limited Partnership (Pool III) 253 Grants Pass
Accor-M-Six Limited Partnership (Pool III) 699 Goodlettsville
Accor-M-Six Limited Partnership (Pool III) 700 Chattanooga
Accor-M-Six Limited Partnership (Pool III) 739 Medford
Accor-M-Six Limited Partnership (Pool III) 775 Speedway
Accor-M-Six Limited Partnership (Pool III) 784 Rolling Meadows
Allied Portfolio Fairborn Plaza Fairborn
Allied Portfolio Miamisburg Plaza Miamisburg
Allied Portfolio Page Manor Dayton
Allied Portfolio Park Shopping Center Springfield
Auerbach Retail Portfolio Hacienda Valley Industry
Auerbach Retail Portfolio National & Sepulveda Center Los Angeles
Bayou Walk Shopping Center Bayou Walk Shopping Center Shreveport
Bayshore Apartments Bayshore Village Apartments New Baltimore
Bayside Exposition Center Bayside Exposition Center Boston
Belgravia Building The Belgravia Building Philadelphia
BGK - Gateway Gateway Office Plaza Albuquerque
BGK/Flatiron #25057 BGK Flatiron Omaha
BGK/Parham 64 #25057 Parham 64 Richmond
BGK/Sentry #25057 BGK/Sentry #25057 Lubbock
Campbell Forum Campbell Forum Richardson
Cedar Grove Mobile Home Park Cedar Grove Mobile Home Park Copperas Cove
Chestnut Gardens Chestnut Gardens Suffern
Cinemark Pool B Colorado Springs, CO - Tinseltown Colorado Springs
Cinemark Pool B Mishawaka - Movies 10 Mishawaka
Circuit City-Indianapolis Circuit City-Indianapolis Indianapolis
Circuit City-Jackson,TN Circuit City-Jackson,TN Jackson
Circuit City-Kingsport Circuit City-Kingsport Kingsport
Circuit City-Philadelphia Circuit City-Philadelphia Philadelphia
Circuit City-Ridgeland Circuit City-Ridgeland Ridgeland
Circuit City-Witchita Falls Circuit City-Witchita Falls Wichita Fallas
Cobleskill Center Cobleskill Center Cobbleskill
Congressional North 121 Congressional Lane Rockville
Congressional North Congressional North Plaza Rockville
DeKalb Plaza DeKalb Plaza DeKalb
East Town Mall East Town Mall Green Bay
Eastgate/Southgate Apartments Eastgate Newark
Eastgate/Southgate Apartments South Gate Corners Heath
Fairway Corporate Center Fairway Corporate Center Fairway
Fairway Corporate Center Pyramid Plaza Lubbock
Geneva Crossing Geneva Crossing Carol Stream
Greenway Shopping Center Greenway Shopping Center Arlington
Henry W. Oliver Henry W. Oliver Pittsburgh
Hidden Creek Apartments Hidden Creek Apartments North Ridgeville
Huffman Business Park Bldg. C Huffman Business Park Building C Anchorage
Huffman Business Park Bldg. O Huffman Business Park Building O Anchorage
Huffman Business Park Bldgs. A&B Huffman Business Park Buildings A & B Anchorage
Huffman Business Park Bldgs. M&N Huffman Business Park Building M & N Anchorage
Ironbridge Plaza Ironbridge Plaza Chesterfield
La Jolla Professional La Jolla Professional La Jolla
Lakeside Office Park Lakeside Office Park Wakefield
Lakewood Center North Lakewood Center North Lakewood
Luckman Plaza Luckman Plaza West Hollywood
Mall of Orange Mall of Orange Orange
Manassas Executive Center Manassas Executive Center Manassas
Marina Pacifica Marina Pacifica Shopping Center Long Beach
Northridge Shopping Ctr** Northridge Shopping Center Hobart
Northwood Village Northwood Village Davenport
Park Fletcher Park Fletcher Indianapolis
Schram Tech Park Schram Tech Park Waterford
Shops at Park Place Shops at Park Place Irvine
Short Pump Village Short Pump Village Richmond
Signature Place Overland Signature Place Apartments Overland Park
Southwest Pointe Apartments Southwest Pointe Apartments Arleta
Sports Park Plaza Sports Park Plaza Salt Lake City
Spring Glen Medical Center Spring Glen Medical Center Hamden
Stadium Apartments Stadium Apartments Ann Arbor
Staples Plaza Staples Plaza Yorktown Heights
Treehouse Apts Treehouse Apartments Tampa
Warminster Towne Center Warminster Towne Center Warminster Twnsp
Wayzata Bay Office Buildings Wayzata Bay Office Buildings Wayzata
Westbury Lake Apartments Westbury Lake Apartments Lansing
Westin Denver Hotel Westin Denver Hotel (Tabor Center) Denver
Willow Creek Apartments Willow Creek Apartments Mooresville
Willow Creek Manor Willow Creek Manor Alvin
Winterhaven East Apartments Winterhaven East Apartments Tucson
Calaveras Center Calaveras Center Milpitas
633 Indiana Avenue 633 Indiana Avenue Washington
Bank of America-Vegas Bank of America-Vegas Las Vegas
Regal Cinema Regal Cinema Medina
SL-Mentor II Facility SL-Mentor II Facility Mentor
Euless Town Center Euless Town Center Euless
</TABLE>
<TABLE>
<CAPTION>
State Zip Primary Type Secondary Type Year Built Latest Renovation Net Cash Flow
- ----- --- ------------ -------------- ---------- ----------------- -------------
<S> <C> <C> <C> <C> <C> <C>
IA 50309 Office Office 1909 1985 $326,005
IA 50309 Office Office 1923 1992 $306,975
NY 10028 Multifamily Multifamily 1900 1997 $81,188
IL 60603 Office Office 1914 1996 $5,491,667
NY 10029 Multifamily Multifamily 1900 1996 $172,850
NY 10029 Multifamily Multifamily 1900 1997 $137,097
NY 10029 Multifamily Multifamily 1900 1997 $328,010
NY 10028 Multifamily Multifamily 1900 1997 $274,976
NY 10028 Multifamily Multifamily 1910 1997 $105,918
NY 10029 Multifamily Multifamily 1900 1997 $272,485
NY 11747 Office Office 1960 1997 $669,163
NY 10010 Office Office 1910 1999 $1,512,356
NY 10038 Multifamily Multifamily 1926 1998 $3,507,128
IL 60025 Hotel Ltd. Service 1989 1995 NAP
MA 01020 Hotel Ltd. Service 1972 1995 NAP
MA 01923 Hotel Ltd. Service 1978 1997 NAP
IN 46410 Hotel Ltd. Service 1980 1994 NAP
IL 60181 Hotel Ltd. Service 1982 1996 NAP
PA 15301 Hotel Ltd. Service 1985 1995 NAP
TN 37211 Hotel Ltd. Service 1974 NAP
IN 46637 Hotel Ltd. Service 1975 1994 NAP
OR 97526 Hotel Ltd. Service 1979 1998 NAP
TN 37072 Hotel Ltd. Service 1987 1999 NAP
TN 37421 Hotel Ltd. Service 1987 1996 NAP
OR 97504 Hotel Ltd. Service 1987 1998 NAP
IN 46224 Hotel Ltd. Service 1968 1996 NAP
IL 60008 Hotel Ltd. Service 1989 1995 NAP
OH 45324 Retail Anchored 1978 1987 $72,921
OH 45342 Retail Anchored 1975 1985 $281,040
OH 45431 Retail Unanchored 1979 1988 $114,146
OH 45505 Retail Anchored 1979 1983 $1,092,008
CA 91745 Retail Unanchored 1978 $211,530
CA 90034 Retail Anchored 1973 $1,076,875
LA 76102 Retail Anchored 1997 $892,604
MI 48007 Multifamily Multifamily 1972 1997 $439,491
MA 02125 Other Convention 1968 1983 $2,760,663
PA 19103 Office Office 1906 1997 $399,443
NM 87106 Office Office 1988 $105,985
NE 68102 Office Office 1911 1991 $158,625
VA 23294 Office Office 1976 1987 $336,306
TX 79424 Office Office 1979 $143,845
TX 75081 Office Office 1984 1997 $2,223,481
TX 76522 Mobile Home Park Mobile Home Park 1970 1996 $429,732
NY 10994 Multifamily Multifamily 1997 $391,791
CO 80906 Movie Theatre Movie Theatre 1997 1998 NAP
IN 46545 Movie Theatre Movie Theatre 1995 1998 NAP
IN 46224 Retail Quasi-Anchored 1997 NAP
TN 38305 Retail Quasi-Anchored 1998 NAP
TN 37660 Retail Quasi-Anchored 1998 NAP
PA 19149 Retail Quasi-Anchored 1989 NAP
MS 39157 Retail Quasi-Anchored 1998 NAP
TX 76308 Retail Quasi-Anchored 1998 NAP
NY 12043 Retail Anchored 1973 1995 $314,668
MD 20852 Office Medical Office 1970 $482,503
MD 20852 Retail Anchored 1997 $3,067,801
IL 60115 Retail Quasi-Anchored 1997 $471,121
WI 54302 Retail Anchored 1982 1997 $750,234
OH 43055 Multifamily Multifamily 1972 1996 $180,031
OH 43056 Retail Quasi-Anchored 1964 1994 $142,660
KS 66205 Office Office 1972 1996 $415,545
TX 79414 Office Office 1981 $335,056
IL 60118 Retail Anchored 1997 $1,456,642
TX 76017 Retail Quasi-Anchored 1996 1997 $178,097
PA 15222 Office Office 1909 1998 $4,138,006
OH 44039 Multifamily Multifamily 1975 1998 $155,378
AK 99515 Industrial Industrial 1977 $76,705
AK 99515 Industrial Industrial 1977 $122,444
AK 99515 Industrial Industrial 1977 $173,346
AK 99515 Industrial Industrial 1977 $153,395
VA 23831 Retail Quasi-Anchored 1997 $141,878
CA 92037 Office Office 1980 $1,398,358
MA 01880 Office Office 1970 1994 $1,089,740
OH 44107 Office Office 1974 1985 $878,653
CA 90069 Office Office 1964 1971 $3,817,419
CA 92865 Retail Anchored 1971 1993 $1,883,824
VA 20110 Office Office 1984 1999 $699,590
CA 90803 Retail Anchored 1976 1997 $4,109,190
IN 46342 Retail Anchored 1988 1992 $750,113
IA 52807 Multifamily Multifamily 1967 1998 $529,316
IN 46241 Office Office 1980 $916,736
MI 48329 Industrial Industrial 1988 $171,609
CA 92612 Retail Unanchored 1994 1996 $2,416,780
VA 23060 Retail Quasi-Anchored 1997 $476,050
KS 66213 Multifamily Multifamily 1996 $1,213,210
CA 91331 Multifamily Multifamily 1973 1998 $460,498
UT 84107 Office Office 1997 $389,028
CT 06518 Office Medical Office 1970 1997 $796,693
MI 48103 Multifamily Multifamily 1957 1998 $540,909
NY 10598 Retail Unanchored 1960 1995 $1,051,897
FL 33614 Multifamily Multifamily 1974 1993 $401,358
PA 18974 Retail Anchored 1997 $2,385,431
MN 55391 Office Office 1997 $220,340
MI 48917 Multifamily Multifamily 1997 $616,731
CO 80202 Hotel Full Service 1984 1996 $7,570,937
NC 28115 Multifamily Multifamily 1997 $992,101
TX 77511 Multifamily Multifamily 1978 1997 $311,846
AZ 85716 Multifamily Multifamily 1982 1990 $136,737
CA 95035 Industrial Industrial 1990 $2,166,369
DC 20004 Office Office 1964 1998 $3,722,391
NV 89101 Office Office 1975 1998 $3,633,283
OH 21401 Movie Theatre Movie Theatre 1998 $859,910
OH 44060 Industrial Industrial 1970 1997 $1,495,887
TX 76040 Retail Unanchored 1982 $957,401
</TABLE>
<TABLE>
<CAPTION>
Appraised Value 1999 Occupancy Lockbox # of Units Unit Type Tenant 1
- --------------- -------------- ------- ---------- --------- --------
<S> <C> <C> <C> <C> <C>
$4,200,000 83% Hard Lockbox 60,991 sf Iowa Board of Regents
$4,500,000 77% Hard Lockbox 134,610 sf AmerUs
$980,000 100% Soft Lockbox 20 units
$69,000,000 95% Hard Lockbox 853,603 sf The Chicago Corporation
$1,900,000 94% Soft Lockbox 33 units
$1,500,000 93% Soft Lockbox 28 units
$3,400,000 96% Soft Lockbox 68 units
$3,000,000 95% Soft Lockbox 56 units
$1,500,000 87% Soft Lockbox 28 units
$3,300,000 91% Soft Lockbox 63 units
$10,000,000 100% No 82,721 sf NorthFork Bank
$22,700,000 92% No 175,525 sf Venture Communication
$40,400,000 96% Soft Lockbox 126,290 sf
$4,800,000 NAP Hard Lockbox 111 rooms Motel 6
$3,000,000 NAP Hard Lockbox 88 rooms Motel 6
$7,000,000 NAP Hard Lockbox 108 rooms Motel 6
$2,800,000 NAP Hard Lockbox 125 rooms Motel 6
$5,300,000 NAP Hard Lockbox 109 rooms Motel 6
$2,700,000 NAP Hard Lockbox 101 rooms Motel 6
$2,600,000 NAP Hard Lockbox 126 rooms Motel 6
$3,600,000 NAP Hard Lockbox 147 rooms Motel 6
$4,500,000 NAP Hard Lockbox 122 rooms Motel 6
$2,500,000 NAP Hard Lockbox 94 rooms Motel 6
$3,100,000 NAP Hard Lockbox 97 rooms Motel 6
$5,100,000 NAP Hard Lockbox 116 rooms Motel 6
$5,200,000 NAP Hard Lockbox 164 rooms Motel 6
$2,400,000 NAP Hard Lockbox 134 rooms Motel 6
$2,000,000 56% Hard Lockbox 98,120 sf Fulmer Supermarket
$5,400,000 100% Hard Lockbox 111,182 sf Big Lots
$1,800,000 59% Hard Lockbox 57,514 sf DolgenCorp
$14,000,000 96% Hard Lockbox 218,582 sf Kroger
$3,500,000 97% Hard Lockbox 25,400 sf Denny's
$11,750,000 97% Hard Lockbox 92,359 sf Vons
$10,400,000 100% No 93,669 sf OfficeMax
$4,850,000 87% No 160 units
$36,000,000 100% Hard Lockbox 263,772 sf
$6,300,000 98% Hard Lockbox 80,877 sf Webber Goldstein
$1,800,000 81% Hard Lockbox 29,507 sf Ball Aerospace & Technology
$1,900,000 90% Hard Lockbox 28,863 sf Policy Studies
$4,000,000 97% Hard Lockbox 52,868 sf Douglas Publications, Inc.
$1,900,000 95% Hard Lockbox 43,868 sf St. Mary of the Plains
$28,500,000 100% No 206,735 sf Northern Telecom, Inc.
$6,700,000 66% No 672 pads
$4,600,000 100% No 48 units
$18,000,000 NAP Hard Lockbox 109,986 sf Cinemark
$9,500,000 NAP Hard Lockbox 62,088 sf Cinemark
$4,600,000 NAP Hard Lockbox 33,665 sf Circuit City
$3,340,000 NAP Hard Lockbox 33,665 sf Circuit City
$3,040,000 NAP Hard Lockbox 19,258 sf Circuit City
$7,100,000 NAP Hard Lockbox 47,913 sf Circuit City
$5,100,000 NAP Hard Lockbox 32,784 sf Circuit City
$3,040,000 NAP Hard Lockbox 21,196 sf Circuit City
$4,450,000 91% No 111,541 sf Price Chopper
$7,000,000 96% Hard Lockbox 54,160 sf
$38,000,000 100% Hard Lockbox 249,903 sf Bed Bath & Beyond
$6,000,000 100% No 58,035 sf Office Max
$9,400,000 95% NO 117,514 sf Office Max
$1,950,000 100% No 73 units
$1,840,000 100% No 29,911 sf Staples
$6,450,000 100% Hard Lockbox 109,484 sf Sprint Communications
$4,850,000 100% Hard Lockbox 90,115 sf Ted L. Parker & Associates
$17,000,000 100% Hard Lockbox 123,281 sf Dominick's
$2,250,000 100% No 17,836 sf Blockbuster
$46,000,000 89% Hard Lockbox 471,786 sf Kirkpatrick & Lockhart, LLP
$1,600,000 93% No 69 units
$1,050,000 84% No 17,477 sf Grinnell Corporation
$1,385,000 91% No 21,200 sf Dreyers - MKD Distributors
$2,020,000 93% No 33,252 sf Polaris Athletic Club
$1,670,000 89% No 25,970 sf Digitech
$2,090,000 100% No 14,927 sf Dollar Tree
$22,200,000 95% Hard Lockbox 180,368 sf UCSD
$15,700,000 81% No 196,905 sf Lord Wakefield Hotel (Best Western)
$10,800,000 76% Hard Lockbox 251,021 sf United Transportation
$51,000,000 83% Hard Lockbox 282,423 sf RJ Gordon & Co
$37,000,000 99% Hard Lockbox 277,720 sf Ross Dress For Less
$8,700,000 100% Hard Lockbox 102,329 sf Worldwide Interban
$48,500,000 96% Hard Lockbox 291,869 sf Ralphs
$8,600,000 100% No 162,754 sf Strack and Van Til
$6,900,000 87% No 264 sf
$12,600,000 90% Hard Lockbox 165,015 sf Electronic Data Systems
$2,390,000 100% No 40,750 sf PBS Tool & Die
$30,000,000 98% Hard Lockbox 118,183 sf Sport Chalet
$6,270,000 100% No 37,650 sf Dollar Tree
$15,600,000 95% Soft Lockbox 232 units
$4,750,000 93% No 161 units
$4,730,000 100% No 37,758 sf The Hurst Group
$11,400,000 99% Hard Lockbox 82,062 sf Gastroenterology Ctr of CT
$6,200,000 97% No 173 units
$15,500,000 82% Soft Lockbox 193,551 sf Best Plumbing Supply
$4,090,000 94% No 160 units
$28,500,000 100% Hard Lockbox 239,052 sf Supervalue (Shop 'N Save/Giant Food)
$3,075,000 100% No 16,777 sf Return Inc
$7,340,000 94% No 124 units
$77,000,000 79% Hard Lockbox 430 rooms
$11,700,000 98% No 207 units
$3,300,000 95% No 128 units
$1,625,000 100% No 40 units
$32,500,000 100% Hard Lockbox 404,330 sf Appro International
$38,500,000 100% Hard Lockbox 126,011 sf GSA
$50,000,000 93% Hard Lockbox 256,621 sf Bank Building Inc.
$10,000,000 100% No 64,247 sf Regal Cinema
$12,200,000 86% Hard Lockbox 764,274 sf K-Mart Corp.
$11,000,000 84% No 236,654 sf Burlington Coat Factory
</TABLE>
<TABLE>
<CAPTION>
% of
Lease Expiration Date Tenant SF Total SF Tenant 2 Lease Expiration Date
- --------------------- --------- -------- -------- ---------------------
<S> <C> <C> <C> <C>
2002 5,524 9.06% Stanley Consultants 2000
Various 1999-2002 35,527 26.39% Iowa Bankers 2001
0.00%
VARIOUS 10/31/99 TO 167,698 19.65% ABN Amro 3/31/03 to 11/12/08
12/31/05 0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Various 2000 9,805 11.85% Paul Associates 2003
Various 2006 30,625 17.45% Financial Communications Company Various 2001-2006
0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2019 0.00%
2000 16,200 16.51% Duff's Smorgasborg 2003
2000 32,276 29.03% Handyman Ace Hardware 2002
2001 8,040 13.98% Euro Bistro, Inc. 1999
2018 56,773 25.97% OfficeMax 2013
2002 5,000 19.69% Der Weinerschnitzel 6/1/03
2003 31,585 34.20% Sav-on Drugs 2002
2012 23,500 25.09% Barnes & Noble 2013
0.00%
0.00%
2002 19,420 24.01% Ludert-Adler 2008
2002 4,676 15.85% MZA Associates Corporation 2001
2004 17,825 61.76% Cohen, Vacanil, Higgins 2001
2003 7,600 14.38% A- Plus Computer Education 2003
2004 20,826 47.47% R.H. Administrators 2001
2005 54,881 26.55% American Express 2000
0.00%
0.00%
2018 109,986 100.00%
2018 62,088 100.00%
2020 33,665 100.00%
2020 33,665 100.00%
2020 19,258 100.00%
2020 47,913 100.00%
2020 32,784 100.00%
2020 21,196 100.00%
2015 49,141 44.06% Central Tractor 2006
0.00%
2013 62,040 24.83% Staples 2012
2012 23,575 40.62% Factory Card Outlet 2008
2012 23,600 20.08% Budget Cinema 2017
0.00%
2004 16,060 53.69% Victor's Craft 2003
Various 1999-2001 61,687 56.34% Waddell & Reed, Inc. 2003
Various from 1999 - 2002 12,266 13.61% Computer Transition Svcs., Inc. 2000
2017 72,385 58.72% John's Christian Store 2007
2007 6,586 36.93% Einstein's Bagels 2002
Various 2000-2009 304,536 64.55% Meyer, Unrovic & Scott Various 1999-2007
0.00%
2001 5,876 33.62% Dan Bull & Associates 2001
2005 8,600 40.57% Denali Commercial Management 1999
2001 6,188 18.61% California Closets 2000
2002 5,800 22.33% Michaels Interiors 2001
2002 4,050 27.13% Dairy Queen 2007
Various 1999-2005 67,553 37.45% City National Bank 2000
2001 38,984 19.80% Homeside Lending 2002
2001 51,015 20.32% New York Life Insurance 2009
Various 2000-2002 33,854 11.99% Agency for the Performing Arts 2007
2008 27,520 9.91% Strouds 2001
2007 102,329 100.00%
2016 46,035 15.77% AMC 2017
2009 85,252 52.38% Fashion Bug 2003
0.00%
2001 35,345 21.42% Anthem Life/Farnsworth 1999
Various 2001 8,000 19.63% Dovetails, Inc. 2001
2015 35,049 29.66% Mother's Market & Kitchen 2011
2001 4,007 10.64% Pic N Pay 2002
0.00%
0.00%
2004 8,250 21.85% SOS Staffing Services 2002
2008 12,249 14.93% Center for Orthopedics 2004
0.00%
2007 83,568 43.18% AC Moore 2008
0.00%
2027 65,197 27.27% Homeplace 2012
2002 11,154 66.48% RJ Steichen 2003
0.00%
0.00%
0.00%
0.00%
0.00%
Various 2001-2009 125,224 30.97% Express Logistics Various 2000-2001
2008 119,241 94.63% CVS 2002
2005 74,704 29.11% Lionel Sawyer & C 2009
2018 64,247 100.00%
2000 468,840 61.34% Interpak, Inc. 2001
2002 61,453 25.97% Luxury Linens 1999
</TABLE>
<TABLE>
<CAPTION>
Lease
% of Expiration
Tenant SF Total SF Tenant 3 Date Tenant SF
- --------- -------- -------- ---- ---------
<S> <C> <C> <C> <C>
5,253 8.61% Iowa Attorney General 2002 4,334
33,711 25.04% Connolly, O'malley 1999 6,892
0.00%
100,970 11.83% CEDA 2009 60,902
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
9,550 11.54% BFI Inc/Apecmark, Inc. 2001 7,807
17,800 10.14% GSA 2000 9,661
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
11,000 11.21% Dollar General #414 2000 8,044
16,093 14.47% Goodwill Ind. Of Miami 2001 10,824
3,840 6.68% Mae Tan Brown -China's Best 2000 3,000
23,750 10.87% Big Lot's #23 2000 22,704
5,000 19.69% See's Candles 2004 3,900
31,520 34.13% 20/20 Video, Inc. 2002 3,197
23,100 24.66% GAP/Old Navy 2007 15,000
0.00%
0.00%
9,362 11.58% Somnia Furniture 2006 7,342
3,267 11.07% Radiant Technology Inc. 2000 2,926
2,080 7.21% Broom, Johnson and Clarkson 1999 1,958
5,447 10.30% Williams & Lynch 2003 4,575
5,291 12.06% CoBank 2000 3,029
20,658 9.99% Ford Motor Credit Co. Various 2001 19,687
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
21,111 18.93% Stage 2009 14,400
0.00%
26,586 10.64% Circuit City 2017 32,812
10,910 18.80% Blockbuster Video 2002 7,040
18,400 15.66% Fashion Bug 2006 12,000
0.00%
6,000 20.06% Robert Dunlap/ABC 2003 4,000
9,723 8.88% Core Source, Inc. 2003 7,379
8,581 9.52% Healthsmart Preferred Care Inc. Various 1999-2001 7,824
12,000 9.73% Hollywood Video 2007 7,500
2,500 14.02% Flanagan, DDS 2002 2,470
37,866 8.03% Rose, Schmidt, Hasley, Et.Al. 2002 27,205
0.00%
5,860 33.53% Steam Supply & Rubber 2001 2,880
3,600 16.98%
4,310 12.96% Denali Commercial Management 1999 4,122
2,900 11.17% H&R Block Premium 2001 2,900
1,687 11.30% Friedmans Jewelers 2000 1,620
10,680 5.92% Rock Bottom Brewery 2012 10,000
9,437 4.79% Deerfield Healthcare 2000 8,200
37,279 14.85% North Coast Health Care Various 2002-2005 20,922
14,850 5.26% Lichter 2006 10,065
18,600 6.70% Sav on Drug 2004 12,500
0.00%
44,107 15.11% The Good Guys 2011 31,992
10,800 6.64% Dollar General 2004 7,810
0.00%
10,518 6.37% Jacobs Engineering 2000 10,422
6,300 15.46% Netcon Enterprises 2001 6,000
10,576 8.95% Houston's 2015 7,055
3,593 9.54% Dots 2002 3,487
0.00%
0.00%
6,690 17.72% Lundberg & Meaders 2002 5,643
5,347 6.52% MARILLAC Mgt. Serv. 2004 4,560
0.00%
20,783 10.74% Staples 2005 18,700
0.00%
53,470 22.37% Petsmart 2012 26,040
3,486 20.78% Bayview Properties 2003 2,137
0.00%
0.00%
0.00%
0.00%
0.00%
95,865 23.71% Telogy Inc. 2001 91,487
6,770 5.37%
51,918 20.23% Morris Brignone 2008 31,000
0.00%
75,600 9.89% North Coast Wood Prod. 2000 55,200
35,848 15.15% Ross Dress for Less 2006 27,200
</TABLE>
<TABLE>
<CAPTION>
CCA Actual UW
CCA Actual Ongoing UW Ongoing
% of Ongoing Reserve Ongoing Reserve CTL
Total SF Reserve (Units) Reserve (Units) Flag
- -------- ------- ------- ------- ------- ----
<S> <C> <C> <C> <C> <C>
7.11% $0.19 $psf $0.20 $psf
5.12% $0.19 $psf $0.20 $psf
0.00% $250.00 $/unit $250.00 $/unit
7.13% $0.25 $psf $0.25 $psf
0.00% $264.90 $/unit $265.00 $/unit
0.00% $250.00 $/unit $261.00 $/unit
0.00% $250.00 $/unit $253.00 $/unit
0.00% $250.00 $/unit $321.00 $/unit
0.00% $250.00 $/unit $256.00 $/unit
0.00% $250.00 $/unit $256.00 $/unit
9.44% $0.20 $psf $0.20 $psf
5.50% $0.22 $psf $0.41 $psf
0.00% $308.76 $psf $257.74 $psf
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
8.20% $0.19 $psf $0.20 $psf
9.74% $0.15 $psf $0.20 $psf
5.22% $0.19 $psf $0.19 $psf
10.39% $0.15 $psf $0.20 $psf
15.35% $0.27 $psf $0.15 $psf
3.46% $0.15 $psf $0.15 $psf
16.01% $0.20 $psf $0.20 $psf
0.00% $264.88 $/unit $277.00 $/unit
0.00% $0.29 $psf $0.29 $psf
9.08% $0.20 $psf $0.20 $psf
9.92% $0.20 $psf $0.20 $psf
6.78% $0.20 $psf $0.20 $psf
8.65% $0.20 $psf $0.20 $psf
6.90% $0.20 $psf $0.20 $psf
9.52% $0.20 $psf $0.20 $psf
0.00% $50.00 $/unit $50.00 $/unit
0.00% $250.00 $/unit $250.00 $/unit
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
0.00% NAP NAP NAP NAP * CTL Loans
12.91% $0.20 $psf $0.20 $psf
0.00% $0.20 $psf $0.20 $psf
13.13% $0.15 $psf $0.15 $psf
12.13% $0.15 $psf $0.15 $psf
10.21% $0.15 $psf $0.15 $psf
0.00% $250.00 $/unit $250.00 $/unit
13.37% $0.20 $psf $0.20 $psf
6.74% $0.20 $psf $0.20 $psf
8.68% $0.20 $psf $0.20 $psf
6.08% $0.15 $psf $0.15 $psf
13.85% $0.20 $psf $0.20 $psf
5.77% $0.20 $psf $0.20 $psf
0.00% $250.00 $/unit $250.00 $/unit
16.48% $0.20 $psf $0.20 $psf
0.00% $0.20 $psf $0.20 $psf
12.40% $0.20 $psf $0.20 $psf
11.17% $0.21 $psf $0.20 $psf
10.85% $0.15 $psf $0.15 $psf
5.54% $0.21 $psf $0.21 $psf
4.16% $0.20 $psf $0.21 $psf
8.33% $0.20 $psf $0.20 $psf
3.56% $0.20 $psf $0.20 $psf
4.50% $0.15 $psf $0.15 $psf
0.00% $0.20 $psf $0.20 $psf
10.96% $0.15 $psf $0.15 $psf
4.80% $0.15 $psf $0.16 $psf
0.00% $250.00 $/unit $250.00 $/unit
6.32% $0.21 $psf $0.21 $psf
14.72% $0.15 $psf $0.20 $psf
5.97% $0.15 $psf $0.15 $psf
9.26% $0.15 $psf $0.15 $psf
0.00% $250.00 $/unit $250.00 $/unit
0.00% $250.00 $/unit $250.00 $/unit
14.95% $0.20 $psf $0.20 $psf
5.56% $0.20 $psf $0.20 $psf
0.00% $250.00 $/unit $250.00 $/unit
9.66% $0.17 $psf $0.17 $psf
0.00% $250.00 $/unit $250.00 $/unit
10.89% $0.15 $psf $0.15 $psf
12.74% $0.20 $psf $0.20 $psf
0.00% $250.00 $/unit $250.00 $/unit
0.00% $0.05 % revenue $0.05 % revenue
0.00% $250.00 $/unit $250.00 $/unit
0.00% $265.00 $/unit $265.00 $/unit
0.00% $262.81 $/unit $263.00 $/unit
22.63% $0.15 $psf $0.15 $psf
0.00% $0.27 $psf $0.27 $psf
12.08% $0.20 $psf $0.20 $psf
0.00% $0.20 $psf $0.20 $psf
7.22% $0.15 $psf $0.20 $psf
11.49% $0.15 $psf $0.15 $psf
</TABLE>
<TABLE>
PREMIUM LOANS
<CAPTION>
Anticipated Cut-off
Cut-off Cut-off Repayment Date Date Principal Unamortized
Loan Name Date LTV PTV LTV/PLTV DSCR Balance Premium
--------- -------- --- -------- ---- ------- -------
<S> <C> <C> <C> <C> <C> <C>
208 South Lasalle 62% 66% 51% 1.38 $ 42,788,119 5.7%
Henry W. Oliver 73% 80% 60% 1.33 $ 33,523,888 8.4%
Campbell Forum 69% 74% 63% 1.21 $ 19,660,894 4.9%
60 Madison 58% 62% 54% 1.22 $ 13,265,426 4.4%
Geneva Crossing 78% 86% 64% 1.18 $ 13,227,139 8.5%
La Jolla Village Professional Ctr. 59% 64% 54% 1.16 $ 13,103,073 7.0%
Allied Portfolio 55% 66% 47% 1.24 $ 12,850,396 11.1%
Signature Place Overland 64% 69% 52% 1.37 $ 9,976,778 6.9%
Bayou Walk Shopping Center 76% 84% 62% 1.21 $ 7,885,913 8.9%
BGK - Manassas Executive Center 72% 79% 65% 1.21 $ 6,240,164 8.7%
Fairway Corporate Center 53% 57% 49% 1.33 $ 6,037,079 5.3%
100 Cortland Office Portfolio 63% 65% 57% 1.24 $ 5,442,813 4.3%
-- -- -- ---- ------------ ---
Total / Weighted Average: 66% 71% 56% 1.28 $184,001,683 6.9%
</TABLE>
<TABLE>
<CAPTION>
Premium Base Interest Base
Loan Name Cut-off Balance Rate Rate Amort. Amort.
--------- --------------- ---- ---- ------ ------
<S> <C> <C> <C> <C> <C>
208 South Lasalle $ 45,216,140.50 7.785% 8.500% 347.7 360
Henry W. Oliver $ 36,340,126 7.490% 8.500% 343 360
Campbell Forum $ 20,621,778 7.680% 8.500% 331 360
60 Madison $ 13,844,605 7.760% 8.500% 333 360
Geneva Crossing $ 14,350,299 7.460% 8.500% 343 360
La Jolla Village Professional Ctr. $ 14,024,933 7.390% 8.450% 324 360
Allied Portfolio $ 14,281,823 7.307% 8.850% 240 360
Signature Place Overland $ 10,668,144 7.160% 8.000% 346 360
Bayou Walk Shopping Center $ 8,585,379 7.390% 8.500% 342 360
BGK - Manassas Executive Center $ 6,782,930 7.147% 8.500% 317 360
Fairway Corporate Center $ 6,354,346 7.595% 8.500% 328 360
100 Cortland Office Portfolio $ 5,678,541 7.750% 8.500% 333 360
--------------- ----- ----- --- ---
Total / Weighted Average: $ 196,749,044 7.55% 8.49% 332 360
</TABLE>