MORGAN STANLEY CAPITAL I INC
8-K, 1999-02-05
ASSET-BACKED SECURITIES
Previous: RSI RETIREMENT TRUST, 497, 1999-02-05
Next: MORGAN STANLEY CAPITAL I INC, 424B3, 1999-02-05



<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): February 1, 1999

Morgan Stanley Capital I Inc. (as depositor under a Pooling and Servicing
Agreement to be dated as of February 1, 1999 providing for, inter alia, the
issuance of Commercial Mortgage Pass-Through Certificates, Series 1999-WF1)


                          Morgan Stanley Capital I Inc.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

<TABLE>
<S>                                   <C>                    <C>
          Delaware                     333-62911                 13-3291626
(STATE OR OTHER JURISDICTION          (COMMISSION)            (I.R.S. EMPLOYER
       OF INCORPORATION)              FILE NUMBER)           IDENTIFICATION NO.)
</TABLE>

                     1585 Broadway, New York, New York 10036
               (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)


       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (212) 296-7000

          (FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)


                         Exhibit Index Located on Page 2
<PAGE>   2
Items 1 through 6 and Item 8 are not included because they are not applicable.


Item 7.     Financial Statements, Pro Forma Financial Information and Exhibits.

            (a)      Not applicable

            (b)      Not applicable

            (c)      Exhibits

<TABLE>
<CAPTION>
                                                                      Sequential
                                                                      Numbered
Exhibit                                                               Exhibit
Number                                                                Page
- -------                                                               ----------
<S>                                                                   <C>
99.1              Computational Materials prepared by Morgan
                  Stanley & Co. Incorporated in connection
                  with Registrant's Commercial Mortgage
                  Pass-Through Certificates, Series 1999-WF1
</TABLE>
<PAGE>   3
                         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.


                                             MORGAN STANLEY CAPITAL I INC.



                                             By:   /S/      Russell A. Rahbany
                                                   Name:    Russell A. Rahbany
                                                   Title:   Vice President


Dated:  February 4, 1999



<PAGE>   1
                                                                    Exhibit 99.1



                             Mortgage Loan Schedule
<PAGE>   2
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
LOAN INFORMATION


<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------

                                                                                 RELATED BORROWER               AGGREGATE
 LOAN                                                                              LOAN GROUPS                   CUT-OFF
  NO.       SELLER(1)                                 PROPERTY NAME(2)            (BY LOAN NO.)              DATE BALANCE(3)
- ------------------------------------------------------------------------------------------------------------------------------------

<S>                                                                              <C>                         <C>
   1            MS         Golf Mill Shopping Center                                                                   $41,232,654
   2            MS         Silvertree Hotel and Wildwood Lodge                                                         $34,704,501
   3            MS         Mission Valley Hilton Hotel (A)                                                             $19,531,446
   4            MS         Hanalei Hotel (A)                                                                           $13,847,977
   5            MS         Galleria Palms Apartments                                                                   $28,874,586
   6            WF         55 Hawthorne & 631 Howard                                                                   $28,000,000
   7            WF         Dunwoody Club Apartments                                                                    $24,935,425
   8            MS         Grapevine Town Shopping Center                                                              $16,682,121
   9            WF         Ward - Bel Air Professional Ctr (I)                                                          $6,002,684
  10            WF         Ward - Bel Air Retail (I)                                                                    $4,489,611
  11            WF         Ward - Bright Oaks Office (I)                                                                $2,802,906
  12            WF         Ward - Blue Spruce (I)                                                                         $892,961
  13            WF         Ward - Hayes/Thomas Office (I)                                                                 $793,743
  14            WF         Central Park Apartments                                    (107)                            $10,890,971
  15            WF         Boca Industrial (B)                                                                          $5,782,357
  16            WF         South Congress Industrial (B)                                                                $4,967,276
  17            WF         North Los Altos Shopping Center                                                             $10,644,644
  18            WF         International Residence-Austin (IRA)                     (23), (27)                         $10,534,893
  19            MS         Crossway Commons Shopping Center                                                            $10,395,375
  20            MS         La Veta Grand Apartments                                                                    $10,023,895
  21            WF         1 Lombard St. & 150 Greenwich St.                                                            $9,930,816
  22            WF         Vintage Court Hotel                                                                          $9,901,990
  23            WF         Wimberly Park                                            (18), (27)                          $8,745,949
  24            WF         Federal Express Building                                                                     $8,597,635
  25            MS         Merrimac Plaza Shopping Center                                                               $8,519,179
  26            WF         Stockton Center                                                                              $8,413,848
  27            WF         International Residence San Antonio                      (18), (23)                          $8,348,406
  28            WF         Corporate Drive, Sugarland, TX                                                               $8,235,245
  29            WF         Weatherly Walk                                                                               $7,868,658
  30            WF         Office Depot - Long Beach, CA                                                                $7,628,252
  31            WF         Hurst Harbor Marina                                                                          $7,527,592
  32            MS         Casady Square Shopping Center                                                                $7,468,307
  33            WF         Commonwealth Building                                                                        $7,409,265
  34            WF         Coyote Creek Mobile Home Park                                                                $7,350,957
  35            MS         Mountainview Marketplace Shopping Center                                                     $7,245,516
  36            WF         Hurley's Children & Family Medical Ctr.                                                      $6,909,501
  37            MS         Druid Pointe Office Building                                                                 $6,834,406
  38            WF         Nohl Plaza Shopping Center                                                                   $6,563,119
  39            WF         Monterey Park II Apts.                                                                       $6,475,013
  40            WF         Spring Hill Market Place                                                                     $6,463,219
  41            MS         Hampton Inn Hotel                                                                            $6,164,172
  42            WF         Crestview Apartments                                                                         $6,096,683
  43            WF         Fiesta Shopping Center                                                                       $6,017,471
  44            WF         Sierra Crest Shopping Center                                                                 $5,971,766
  45            WF         Casa Del Rey Apartments                                                                      $5,915,181
  46            WF         Alameda Business Centre                                                                      $5,882,685
  47            MS         58 Charles Street Office Building                                                            $5,859,200
  48            MS         Syosset Plaza Shopping Center                                                                $5,737,324
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------

                                                                                       CUT-OFF
 LOAN                                                                               DATE BALANCE/          MORTGAGE        NOTE
  NO.       SELLER(1)                                 PROPERTY NAME(2)              UNIT OR SF(4)            RATE          DATE
- ------------------------------------------------------------------------------------------------------------------------------------

<S>                                                                                 <C>                   <C>            <C>
   1            MS         Golf Mill Shopping Center                                                $55         7.010%   6/23/98
   2            MS         Silvertree Hotel and Wildwood Lodge                                  $84,645         7.390%   5/12/98
   3            MS         Mission Valley Hilton Hotel (A)                                      $43,576         7.200%   3/20/98
   4            MS         Hanalei Hotel (A)                                                    $43,576         7.300%   3/20/98
   5            MS         Galleria Palms Apartments                                            $50,836         6.890%   7/30/98
   6            WF         55 Hawthorne & 631 Howard                                               $119         6.525%    7/8/98
   7            WF         Dunwoody Club Apartments                                             $46,871         7.190%    9/1/98
   8            MS         Grapevine Town Shopping Center                                           $89         8.000%    5/1/98
   9            WF         Ward - Bel Air Professional Ctr (I)                                      $99         6.920%   9/25/98
  10            WF         Ward - Bel Air Retail (I)                                                $99         6.920%   9/25/98
  11            WF         Ward - Bright Oaks Office (I)                                            $99         6.920%   9/25/98
  12            WF         Ward - Blue Spruce (I)                                                   $99         6.920%   9/25/98
  13            WF         Ward - Hayes/Thomas Office (I)                                           $99         6.920%   9/25/98
  14            WF         Central Park Apartments                                              $58,554         6.535%   5/22/98
  15            WF         Boca Industrial (B)                                                      $52         6.575%   9/15/98
  16            WF         South Congress Industrial (B)                                            $52         7.145%   7/22/98
  17            WF         North Los Altos Shopping Center                                          $82         6.815%   6/29/98
  18            WF         International Residence-Austin (IRA)                                 $20,657         6.705%    5/8/98
  19            MS         Crossway Commons Shopping Center                                         $68         7.340%    5/6/98
  20            MS         La Veta Grand Apartments                                             $40,096         6.830%    6/4/98
  21            WF         1 Lombard St. & 150 Greenwich St.                                        $83         6.855%   6/25/98
  22            WF         Vintage Court Hotel                                                  $92,542         7.180%    5/4/98
  23            WF         Wimberly Park                                                        $19,877         6.705%    5/8/98
  24            WF         Federal Express Building                                                 $72         7.366%    4/6/98
  25            MS         Merrimac Plaza Shopping Center                                           $74         6.950%   8/28/98
  26            WF         Stockton Center                                                          $55         7.135%   8/28/98
  27            WF         International Residence San Antonio                                  $23,990         6.705%    5/8/98
  28            WF         Corporate Drive, Sugarland, TX                                           $58         6.760%   12/4/98
  29            WF         Weatherly Walk                                                       $40,560         6.560%   8/10/98
  30            WF         Office Depot - Long Beach, CA                                            $41         6.835%    9/1/98
  31            WF         Hurst Harbor Marina                                                  $14,645         7.125%    9/1/98
  32            MS         Casady Square Shopping Center                                            $37         6.980%   7/15/98
  33            WF         Commonwealth Building                                                    $38         7.340%   5/22/98
  34            WF         Coyote Creek Mobile Home Park                                        $40,169         7.080%    7/1/98
  35            MS         Mountainview Marketplace Shopping Center                                 $59         6.870%    3/3/98
  36            WF         Hurley's Children & Family Medical Ctr.                                 $110         7.030%   8/17/98
  37            MS         Druid Pointe Office Building                                             $68         7.375%   5/21/98
  38            WF         Nohl Plaza Shopping Center                                               $64         7.225%   5/28/98
  39            WF         Monterey Park II Apts.                                               $47,610         6.690%   8/14/98
  40            WF         Spring Hill Market Place                                                 $60         7.000%   7/15/98
  41            MS         Hampton Inn Hotel                                                    $49,711         7.490%    5/5/98
  42            WF         Crestview Apartments                                                 $28,095         6.740%   8/27/98
  43            WF         Fiesta Shopping Center                                                   $65         7.090%    6/9/98
  44            WF         Sierra Crest Shopping Center                                             $63         7.115%   6/19/98
  45            WF         Casa Del Rey Apartments                                              $24,243         6.820%   7/30/98
  46            WF         Alameda Business Centre                                                  $12         6.790%   5/14/98
  47            MS         58 Charles Street Office Building                                       $123         8.500%   9/14/98
  48            MS         Syosset Plaza Shopping Center                                           $183         7.250%   7/15/98
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                        TERM TO          REM. TERM
                                                                                                       MATURITY         TO MATURITY
 LOAN                                                                            MATURITY DATE          OR ARD            OR ARD
  NO.       SELLER(1)                                 PROPERTY NAME(2)             OR ARD(5)             (MOS)             (MOS)
- ------------------------------------------------------------------------------------------------------------------------------------

<S>                                                                              <C>                   <C>              <C>
   1            MS         Golf Mill Shopping Center                                7/1/08                120               113
   2            MS         Silvertree Hotel and Wildwood Lodge                      6/1/08                120               112
   3            MS         Mission Valley Hilton Hotel (A)                          4/1/08                120               110
   4            MS         Hanalei Hotel (A)                                        4/1/08                120               110
   5            MS         Galleria Palms Apartments                                10/1/08               122               116
   6            WF         55 Hawthorne & 631 Howard                                8/1/03                60                54
   7            WF         Dunwoody Club Apartments                                 10/1/05               84                80
   8            MS         Grapevine Town Shopping Center                           5/1/08                120               111
   9            WF         Ward - Bel Air Professional Ctr (I)                      10/1/18               240               236
  10            WF         Ward - Bel Air Retail (I)                                10/1/18               240               236
  11            WF         Ward - Bright Oaks Office (I)                            10/1/18               240               236
  12            WF         Ward - Blue Spruce (I)                                   10/1/18               240               236
  13            WF         Ward - Hayes/Thomas Office (I)                           10/1/18               240               236
  14            WF         Central Park Apartments                                  6/1/08                120               112
  15            WF         Boca Industrial (B)                                      10/1/08               120               116
  16            WF         South Congress Industrial (B)                            8/1/08                120               114
  17            WF         North Los Altos Shopping Center                          8/1/08                120               114
  18            WF         International Residence-Austin (IRA)                     6/1/08                120               112
  19            MS         Crossway Commons Shopping Center                         6/1/08                120               112
  20            MS         La Veta Grand Apartments                                 7/1/08                120               113
  21            WF         1 Lombard St. & 150 Greenwich St.                        8/1/08                120               114
  22            WF         Vintage Court Hotel                                      5/1/03                59                51
  23            WF         Wimberly Park                                            6/1/08                120               112
  24            WF         Federal Express Building                                 5/1/08                120               111
  25            MS         Merrimac Plaza Shopping Center                           9/1/08                120               115
  26            WF         Stockton Center                                          10/1/08               120               116
  27            WF         International Residence San Antonio                      6/1/08                120               112
  28            WF         Corporate Drive, Sugarland, TX                           1/1/14                180               179
  29            WF         Weatherly Walk                                           9/1/08                120               115
  30            WF         Office Depot - Long Beach, CA                            10/1/08               120               116
  31            WF         Hurst Harbor Marina                                      10/1/08               120               116
  32            MS         Casady Square Shopping Center                            8/1/08                120               114
  33            WF         Commonwealth Building                                    7/1/13                180               173
  34            WF         Coyote Creek Mobile Home Park                            8/1/08                120               114
  35            MS         Mountainview Marketplace Shopping Center                 4/1/08                120               110
  36            WF         Hurley's Children & Family Medical Ctr.                  9/1/15                204               199
  37            MS         Druid Pointe Office Building                             6/1/08                120               112
  38            WF         Nohl Plaza Shopping Center                               7/1/08                120               113
  39            WF         Monterey Park II Apts.                                   9/1/08                120               115
  40            WF         Spring Hill Market Place                                 9/1/13                180               175
  41            MS         Hampton Inn Hotel                                        6/1/08                120               112
  42            WF         Crestview Apartments                                     10/1/08               120               116
  43            WF         Fiesta Shopping Center                                   7/1/18                240               233
  44            WF         Sierra Crest Shopping Center                             7/1/08                120               113
  45            WF         Casa Del Rey Apartments                                  9/1/08                120               115
  46            WF         Alameda Business Centre                                  8/1/08                120               114
  47            MS         58 Charles Street Office Building                        10/1/08               120               116
  48            MS         Syosset Plaza Shopping Center                            8/1/08                120               114
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                       SCHEDULED
                                                                           AMORT.      BALANCE AT
 LOAN                                                                       TERM        MATURITY         BALLOON        SECURITY
  NO.       SELLER(1)                             PROPERTY NAME(2)        (MOS)(6)       OR ARD          LTV(4)           TYPE
- ------------------------------------------------------------------------------------------------------------------------------------

<S>                                                                     <C>           <C>             <C>                <C>
   1            MS     Golf Mill Shopping Center                            324           $34,588,117     61.8%           Fee
   2            MS     Silvertree Hotel and Wildwood Lodge                  300           $28,340,948     52.3%           Fee
   3            MS     Mission Valley Hilton Hotel (A)                      300           $15,900,544     53.3%           Fee
   4            MS     Hanalei Hotel (A)                                    300           $11,305,833     53.3%           Fee
   5            MS     Galleria Palms Apartments                            360           $25,134,074     64.8%           Fee
   6            WF     55 Hawthorne & 631 Howard                             0            $28,000,000     58.3%           Fee
   7            WF     Dunwoody Club Apartments                             360           $23,085,023     66.0%           Fee
   8            MS     Grapevine Town Shopping Center                       360           $14,998,197     62.5%           Fee
   9            WF     Ward - Bel Air Professional Ctr (I)                  240                    $0     0.0%            Fee
  10            WF     Ward - Bel Air Retail (I)                            240                    $0     0.0%            Fee
  11            WF     Ward - Bright Oaks Office (I)                        240                    $0     0.0%            Fee
  12            WF     Ward - Blue Spruce (I)                               240                    $0     0.0%            Fee
  13            WF     Ward - Hayes/Thomas Office (I)                       240                    $0     0.0%            Fee
  14            WF     Central Park Apartments                              300            $8,671,830     43.4%           Fee
  15            WF     Boca Industrial (B)                                  360            $5,000,967     64.0%           Fee
  16            WF     South Congress Industrial (B)                        300            $4,018,361     64.0%           Fee
  17            WF     North Los Altos Shopping Center                      360            $9,141,572     45.1%           Fee
  18            WF     International Residence-Austin (IRA)                 360            $9,173,004     47.4%           Fee
  19            MS     Crossway Commons Shopping Center                     360            $9,196,576     70.2%           Fee
  20            MS     La Veta Grand Apartments                             360            $8,749,331     56.4%           Fee
  21            WF     1 Lombard St. & 150 Greenwich St.                    300            $7,964,311     33.9%           Fee
  22            WF     Vintage Court Hotel                                  300            $9,154,145     55.1%           Fee
  23            WF     Wimberly Park                                        360            $7,615,325     52.9%           Fee
  24            WF     Federal Express Building                             300            $6,910,472     59.6%           Fee
  25            MS     Merrimac Plaza Shopping Center                       360            $7,446,871     65.3%           Fee
  26            WF     Stockton Center                                      300            $6,788,680     46.0%           Fee
  27            WF     International Residence San Antonio                  360            $7,269,175     50.1%           Fee
  28            WF     Corporate Drive, Sugarland, TX                       240            $3,355,487     29.8%           Fee
  29            WF     Weatherly Walk                                       360            $6,808,143     65.5%           Fee
  30            WF     Office Depot - Long Beach, CA                        360            $6,643,205     55.8%           Fee
  31            WF     Hurst Harbor Marina                                  300            $6,071,786     52.8%      Fee/Leasehold
  32            MS     Casady Square Shopping Center                        360            $6,538,495     61.1%           Fee
  33            WF     Commonwealth Building                                240            $3,171,388     21.5%           Fee
  34            WF     Coyote Creek Mobile Home Park                        300            $5,935,228     58.2%           Fee
  35            MS     Mountainview Marketplace Shopping Center             360            $6,345,793     65.1%           Fee
  36            WF     Hurley's Children & Family Medical Ctr.              204                    $1     0.0%            Fee
  37            MS     Druid Pointe Office Building                         300            $5,482,054     54.8%           Fee
  38            WF     Nohl Plaza Shopping Center                           360            $5,693,237     65.4%        Leasehold
  39            WF     Monterey Park II Apts.                               360            $5,621,750     68.6%           Fee
  40            WF     Spring Hill Market Place                             300            $4,110,084     44.7%           Fee
  41            MS     Hampton Inn Hotel                                    240            $4,330,961     45.0%           Fee
  42            WF     Crestview Apartments                                 300            $4,860,220     47.7%           Fee
  43            WF     Fiesta Shopping Center                               240                    $2     0.0%            Fee
  44            WF     Sierra Crest Shopping Center                         360            $5,250,250     60.3%           Fee
  45            WF     Casa Del Rey Apartments                              300            $4,732,770     57.4%           Fee
  46            WF     Alameda Business Centre                              180            $2,701,603     16.2%        Leasehold
  47            MS     58 Charles Street Office Building                    300            $4,914,803     55.0%           Fee
  48            MS     Syosset Plaza Shopping Center                        360            $5,057,235     65.7%           Fee
</TABLE>

                                      II-1
<PAGE>   3
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
LOAN INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------

                                                                                RELATED BORROWER               AGGREGATE
 LOAN                                                                             LOAN GROUPS                   CUT-OFF
  NO.       SELLER(1)                                 PROPERTY NAME(2)           (BY LOAN NO.)              DATE BALANCE(3)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                         <C>
  49            WF         Silver Creek Shopping Center                                                                $5,684,909
  50            WF         Martin Woodworking                                                                          $5,566,019
  51            MS         Park Bank Office Building                                  (68)                             $5,559,588
  52            MS         Consolidated Technology Warehouse (II)                                                      $3,169,736
  53            MS         Consolidated Technology Industrial Building (II)                                            $2,219,139
  54            WF         1155 Jones Street                                                                           $5,382,128
  55            WF         Kramer - 6 Arcata Apartments (III)                                                          $3,457,952
  56            WF         Kramer - Eureka Apartments (III)                                                            $1,505,903
  57            WF         Kramer - Fields Landing (III)                                                                 $317,728
  58            WF         Vista Oaks Apartment                                                                        $5,222,195
  59            MS         Nash Finch Distribution Warehouse                                                           $5,179,070
  60            WF         Syracuse Center - Phase I                                                                   $5,153,767
  61            WF         Amador II Building                                         (63)                             $5,076,330
  62            MS         Catalina Apartments                                                                         $4,978,762
  63            WF         4670 Willow Road                                           (61)                             $4,976,794
  64            WF         Hamilton House Apartments                                                                   $4,950,153
  65            WF         Sacramento Place Apartments                               (121)                             $4,834,067
  66            MS         Zycon R&D Building                                                                          $4,781,086
  67            MS         Rudolph-Hendrickson Senior Apartments                                                       $4,700,721
  68            MS         Holborn Village Apartments                                 (51)                             $4,637,145
  69            WF         100 E. Tujunga                                                                              $4,540,722
  70            WF         Rancho Anita Industrial Park                                                                $4,523,250
  71            MS         Beverly Hills Tower Apartments (C)                                                          $3,083,429
  72            MS         Beverly Hills Regency Apartments (C)                                                        $1,398,587
  73            WF         Chico Town & Country Shopping Ctr.                                                          $4,476,107
  74            MS         Windsor Court Apartments                                                                    $4,464,735
  75            MS         Pathmark Super Center-Wilmington, DE                       (90)                             $4,186,837
  76            MS         New Villa Valencia Mobile Home Park                                                         $4,179,135
  77            MS         Veterans Plaza Shopping Center                                                              $4,056,762
  78            MS         150 Sylvan Avenue Shopping Center                                                           $3,988,942
  79            WF         Reynolds Industries Bldg                                                                    $3,980,644
  80            MS         Strada Da Valle Office Building                                                             $3,833,191
  81            WF         Conrad Villas Apts.                                                                         $3,821,586
  82            WF         Ocean Business Park                                                                         $3,782,164
  83            MS         Westwood Village Shopping Center                                                            $3,679,102
  84            WF         Enclave Apartments                                        (140)                             $3,662,478
  85            MS         Westside Shopping Center                                                                    $3,592,977
  86            MS         Riverside Country Club Mobile Home Park                                                     $3,584,866
  87            WF         3030 Bridgeway Boulevard                                                                    $3,584,020
  88            WF         Food 4 Less                                                                                 $3,572,461
  89            MS         Suburban Lodge Hotel                                                                        $3,489,679
  90            MS         Pathmark Super Center-Upper Darby, PA                      (75)                             $3,489,031
  91            WF         The Ladco Building                                                                          $3,454,597
  92            MS         Hickory Plaza                                                                               $3,438,025
  93            WF         College Way Marketplace                                                                     $3,410,750
  94            WF         Grove Business Joint Venture                                                                $3,409,776
  95            WF         Edison Way Industrial Center                                                                $3,406,539
  96            WF         Pacific Terrace Apartments                                                                  $3,344,725
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------

                                                                                   CUT-OFF
 LOAN                                                                           DATE BALANCE/          MORTGAGE        NOTE
  NO.       SELLER(1)                                 PROPERTY NAME(2)          UNIT OR SF(4)            RATE          DATE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                    <C>           <C>
  49            WF         Silver Creek Shopping Center                                         $90         7.100%   8/14/98
  50            WF         Martin Woodworking                                                   $28         7.530%   6/24/98
  51            MS         Park Bank Office Building                                            $84         6.940%   9/22/98
  52            MS         Consolidated Technology Warehouse (II)                               $12         7.500%   9/29/98
  53            MS         Consolidated Technology Industrial Building (II)                     $12         7.500%   9/29/98
  54            WF         1155 Jones Street                                                $89,702         6.240%   9/11/98
  55            WF         Kramer - 6 Arcata Apartments (III)                               $24,117         7.560%   6/11/98
  56            WF         Kramer - Eureka Apartments (III)                                 $24,117         7.560%   6/11/98
  57            WF         Kramer - Fields Landing (III)                                    $24,117         7.560%   6/11/98
  58            WF         Vista Oaks Apartment                                             $48,354         7.290%   5/14/98
  59            MS         Nash Finch Distribution Warehouse                                    $14         6.500%    9/1/98
  60            WF         Syracuse Center - Phase I                                            $66         7.190%   8/11/98
  61            WF         Amador II Building                                                   $79         6.720%   9/10/98
  62            MS         Catalina Apartments                                              $50,291         6.960%    7/8/98
  63            WF         4670 Willow Road                                                    $108         6.720%   9/10/98
  64            WF         Hamilton House Apartments                                        $12,406         6.780%   7/28/98
  65            WF         Sacramento Place Apartments                                      $24,790         6.270%    9/1/98
  66            MS         Zycon R&D Building                                                   $81         8.000%    5/1/98
  67            MS         Rudolph-Hendrickson Senior Apartments                            $27,980         6.780%   6/19/98
  68            MS         Holborn Village Apartments                                       $53,301         6.940%   9/22/98
  69            WF         100 E. Tujunga                                                       $98         6.890%   5/19/98
  70            WF         Rancho Anita Industrial Park                                         $33         6.795%    8/3/98
  71            MS         Beverly Hills Tower Apartments (C)                               $87,883         6.850%   1/15/98
  72            MS         Beverly Hills Regency Apartments (C)                             $87,883         6.850%   1/15/98
  73            WF         Chico Town & Country Shopping Ctr.                                   $53         7.335%   7/24/98
  74            MS         Windsor Court Apartments                                         $23,133         6.670%    3/2/98
  75            MS         Pathmark Super Center-Wilmington, DE                                 $85         7.320%   10/2/98
  76            MS         New Villa Valencia Mobile Home Park                              $28,237         6.910%   6/30/98
  77            MS         Veterans Plaza Shopping Center                                       $56         7.300%    6/5/98
  78            MS         150 Sylvan Avenue Shopping Center                                    $95         6.940%    9/9/98
  79            WF         Reynolds Industries Bldg                                             $71         7.010%   5/11/98
  80            MS         Strada Da Valle Office Building                                      $71         7.390%    6/5/98
  81            WF         Conrad Villas Apts.                                              $34,121         7.100%   4/24/98
  82            WF         Ocean Business Park                                                  $40         7.395%   4/28/98
  83            MS         Westwood Village Shopping Center                                     $45         7.010%   8/20/98
  84            WF         Enclave Apartments                                               $48,833         6.765%   6/18/98
  85            MS         Westside Shopping Center                                             $58         7.250%   10/22/98
  86            MS         Riverside Country Club Mobile Home Park                          $26,167         7.000%   7/27/98
  87            WF         3030 Bridgeway Boulevard                                            $134         7.330%    5/6/98
  88            WF         Food 4 Less                                                          $71         7.105%    6/8/98
  89            MS         Suburban Lodge Hotel                                             $25,288         7.625%   10/8/98
  90            MS         Pathmark Super Center-Upper Darby, PA                                $66         7.320%   10/2/98
  91            WF         The Ladco Building                                                   $45         6.780%    9/2/98
  92            MS         Hickory Plaza                                                        $75         7.100%   8/31/98
  93            WF         College Way Marketplace                                              $67         7.040%    7/2/98
  94            WF         Grove Business Joint Venture                                         $28         6.950%   6/25/98
  95            WF         Edison Way Industrial Center                                         $40         6.620%   8/31/98
  96            WF         Pacific Terrace Apartments                                       $34,130         7.073%   4/29/98
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                       TERM TO          REM. TERM
                                                                                                      MATURITY         TO MATURITY
 LOAN                                                                           MATURITY DATE          OR ARD            OR ARD
  NO.       SELLER(1)                                 PROPERTY NAME(2)            OR ARD(5)             (MOS)             (MOS)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                   <C>              <C>
  49            WF         Silver Creek Shopping Center                            10/1/13               180               176
  50            WF         Martin Woodworking                                      8/1/08                120               114
  51            MS         Park Bank Office Building                               10/1/08               120               116
  52            MS         Consolidated Technology Warehouse (II)                  10/1/08               120               116
  53            MS         Consolidated Technology Industrial Building (II)        10/1/08               120               116
  54            WF         1155 Jones Street                                       10/1/08               120               116
  55            WF         Kramer - 6 Arcata Apartments (III)                      7/1/18                240               233
  56            WF         Kramer - Eureka Apartments (III)                        7/1/18                240               233
  57            WF         Kramer - Fields Landing (III)                           7/1/18                240               233
  58            WF         Vista Oaks Apartment                                    6/1/18                240               232
  59            MS         Nash Finch Distribution Warehouse                       9/1/08                120               115
  60            WF         Syracuse Center - Phase I                               9/1/05                84                79
  61            WF         Amador II Building                                      10/1/08               120               116
  62            MS         Catalina Apartments                                     8/1/08                120               114
  63            WF         4670 Willow Road                                        10/1/08               120               116
  64            WF         Hamilton House Apartments                               9/1/18                240               235
  65            WF         Sacramento Place Apartments                             10/1/08               120               116
  66            MS         Zycon R&D Building                                      5/1/08                120               111
  67            MS         Rudolph-Hendrickson Senior Apartments                   7/1/08                120               113
  68            MS         Holborn Village Apartments                              10/1/08               120               116
  69            WF         100 E. Tujunga                                          7/1/08                120               113
  70            WF         Rancho Anita Industrial Park                            9/1/08                120               115
  71            MS         Beverly Hills Tower Apartments (C)                      2/1/08                120               108
  72            MS         Beverly Hills Regency Apartments (C)                    2/1/08                120               108
  73            WF         Chico Town & Country Shopping Ctr.                      9/1/08                120               115
  74            MS         Windsor Court Apartments                                4/1/08                120               110
  75            MS         Pathmark Super Center-Wilmington, DE                    11/1/08               120               117
  76            MS         New Villa Valencia Mobile Home Park                     7/1/08                120               113
  77            MS         Veterans Plaza Shopping Center                          7/1/13                180               173
  78            MS         150 Sylvan Avenue Shopping Center                       10/1/08               120               116
  79            WF         Reynolds Industries Bldg                                7/1/08                120               113
  80            MS         Strada Da Valle Office Building                         7/1/08                120               113
  81            WF         Conrad Villas Apts.                                     6/1/08                120               112
  82            WF         Ocean Business Park                                     6/1/08                120               112
  83            MS         Westwood Village Shopping Center                        9/1/08                120               115
  84            WF         Enclave Apartments                                      7/1/08                120               113
  85            MS         Westside Shopping Center                                11/1/08               120               117
  86            MS         Riverside Country Club Mobile Home Park                 8/1/08                120               114
  87            WF         3030 Bridgeway Boulevard                                7/1/08                120               113
  88            WF         Food 4 Less                                             7/1/08                120               113
  89            MS         Suburban Lodge Hotel                                    11/1/08               120               117
  90            MS         Pathmark Super Center-Upper Darby, PA                   11/1/08               120               117
  91            WF         The Ladco Building                                      10/1/13               180               176
  92            MS         Hickory Plaza                                           9/1/08                120               115
  93            WF         College Way Marketplace                                 8/1/08                120               114
  94            WF         Grove Business Joint Venture                            7/1/08                120               113
  95            WF         Edison Way Industrial Center                            10/1/13               180               176
  96            WF         Pacific Terrace Apartments                              6/1/08                120               112
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                            SCHEDULED
                                                                                 AMORT.     BALANCE AT
 LOAN                                                                             TERM       MATURITY         BALLOON      SECURITY
  NO.       SELLER(1)                                 PROPERTY NAME(2)          (MOS)(6)      OR ARD          LTV(4)         TYPE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>         <C>               <C>          <C>
  49            WF         Silver Creek Shopping Center                           360           $4,381,224     42.1%         Fee
  50            WF         Martin Woodworking                                     300           $4,553,527     58.4%         Fee
  51            MS         Park Bank Office Building                              360           $4,854,955     63.9%         Fee
  52            MS         Consolidated Technology Warehouse (II)                 192           $1,702,536     37.8%         Fee
  53            MS         Consolidated Technology Industrial Building (II)       192           $1,191,949     37.8%         Fee
  54            WF         1155 Jones Street                                      360           $4,612,232     54.1%         Fee
  55            WF         Kramer - 6 Arcata Apartments (III)                     240                   $0     0.0%          Fee
  56            WF         Kramer - Eureka Apartments (III)                       240                   $0     0.0%          Fee
  57            WF         Kramer - Fields Landing (III)                          240                   $0     0.0%          Fee
  58            WF         Vista Oaks Apartment                                   360           $3,284,275     39.7%         Fee
  59            MS         Nash Finch Distribution Warehouse                      360           $4,473,828     52.6%         Fee
  60            WF         Syracuse Center - Phase I                              240           $4,184,460     58.1%         Fee
  61            WF         Amador II Building                                     300           $4,044,298     45.4%         Fee
  62            MS         Catalina Apartments                                    360           $4,356,676     59.7%         Fee
  63            WF         4670 Willow Road                                       300           $3,964,997     56.6%         Fee
  64            WF         Hamilton House Apartments                              240                   $1     0.0%          Fee
  65            WF         Sacramento Place Apartments                            360           $4,146,036     54.8%         Fee
  66            MS         Zycon R&D Building                                     360           $4,220,370     64.9%         Fee
  67            MS         Rudolph-Hendrickson Senior Apartments                  360           $4,097,722     65.0%         Fee
  68            MS         Holborn Village Apartments                             360           $4,049,424     69.2%         Fee
  69            WF         100 E. Tujunga                                         240           $3,119,702     41.6%         Fee
  70            WF         Rancho Anita Industrial Park                           300           $3,616,315     49.5%         Fee
  71            MS         Beverly Hills Tower Apartments (C)                     360           $2,702,861     55.6%         Fee
  72            MS         Beverly Hills Regency Apartments (C)                   360           $1,225,967     55.6%         Fee
  73            WF         Chico Town & Country Shopping Ctr.                     300           $3,636,968     53.5%         Fee
  74            MS         Windsor Court Apartments                               360           $3,890,566     55.6%         Fee
  75            MS         Pathmark Super Center-Wilmington, DE                   300           $3,392,823     60.6%         Fee
  76            MS         New Villa Valencia Mobile Home Park                    360           $3,655,233     46.3%         Fee
  77            MS         Veterans Plaza Shopping Center                         360           $3,161,700     63.2%         Fee
  78            MS         150 Sylvan Avenue Shopping Center                      360           $3,483,376     60.6%         Fee
  79            WF         Reynolds Industries Bldg                               360           $3,490,477     61.2%         Fee
  80            MS         Strada Da Valle Office Building                        360           $3,392,972     60.6%         Fee
  81            WF         Conrad Villas Apts.                                    300           $3,094,758     56.3%         Fee
  82            WF         Ocean Business Park                                    360           $3,350,452     68.1%         Fee
  83            MS         Westwood Village Shopping Center                       300           $2,960,653     50.5%         Fee
  84            WF         Enclave Apartments                                     360           $3,144,487     52.1%         Fee
  85            MS         Westside Shopping Center                               360           $3,160,179     61.1%         Fee
  86            MS         Riverside Country Club Mobile Home Park                360           $3,140,145     58.7%         Fee
  87            WF         3030 Bridgeway Boulevard                               360           $3,167,782     63.4%         Fee
  88            WF         Food 4 Less                                            300           $2,890,139     57.5%         Fee
  89            MS         Suburban Lodge Hotel                                   300           $2,853,349     47.6%         Fee
  90            MS         Pathmark Super Center-Upper Darby, PA                  300           $2,827,353     60.2%         Fee
  91            WF         The Ladco Building                                     180                   $0     0.0%          Fee
  92            MS         Hickory Plaza                                          360           $3,016,813     65.6%         Fee
  93            WF         College Way Marketplace                                360           $2,990,664     61.7%         Fee
  94            WF         Grove Business Joint Venture                           360           $2,939,894     47.3%         Fee
  95            WF         Edison Way Industrial Center                           180              $57,140     0.7%          Fee
  96            WF         Pacific Terrace Apartments                             300           $2,706,450     60.1%         Fee
</TABLE>

                                      II-2
<PAGE>   4
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
LOAN INFORMATION


<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                  RELATED BORROWER               AGGREGATE
LOAN                                                                                LOAN GROUPS                   CUT-OFF
  NO.       SELLER(1)                                 PROPERTY NAME(2)             (BY LOAN NO.)              DATE BALANCE(3)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                        <C>                                                  <C>                           <C>
  97            MS         4700-4800 SW 51 St Warehouse                         (135), (158), (195)                      $3,338,490
  98            MS         Brookside Villas Apartments                                                                   $3,322,620
  99            WF         Castaic Apartments                                                                            $3,316,651
  100           WF         La Habra Hills                                           (106), (219)                         $3,286,765
  101           WF         5251 - 5271 East 2nd St.                                                                      $3,268,752
  102           WF         Montgomery Business Park                                                                      $3,219,985
  103           MS         Atherton Park Apartments                                                                      $3,218,428
  104           WF         Let's Store It II - Brookhurst                              (105)                             $3,175,553
  105           WF         Torrance Western Self Storage                               (104)                             $3,175,553
  106           WF         Sierra Gardens                                           (100), (219)                         $3,163,108
  107           WF         Shelter Creek Apartments                                     (14)                             $3,149,946
  108           MS         Design Row Shopping Center                           (168), (213), (232)                      $3,143,706
  109           WF         Veteran Plaza                                                                                 $2,986,411
  110           WF         Rolling Hills Apartments                                                                      $2,984,265
  111           WF         Four Corners Shopping Center                                                                  $2,957,010
  112           MS         Rimrock Plaza Shopping Center                                                                 $2,921,621
  113           WF         Orchard View Apartments                                                                       $2,885,869
  114           WF         Secure Self Storage of Old Town                                                               $2,781,904
  115           MS         Waterford Place Condominiums                                                                  $2,759,877
  116           WF         Nimitz Point Apartments                                                                       $2,712,573
  117           WF         Physician's Plaza                                                                             $2,688,941
  118           WF         Artesia Mobile Home Estates                                                                   $2,688,159
  119           WF         Del Prado Apartments                                                                          $2,684,418
  120           WF         Concord Villas                                                                                $2,684,173
  121           WF         San Mateo Office Complex                                     (65)                             $2,651,477
  122           MS         Colonial Arms Apartments                                                                      $2,639,185
  123           WF         Westport Apartments                                                                           $2,633,457
  124           WF         Marina Self Storage                                                                           $2,631,182
  125           MS         Americana Palos Verdes Apartments                        (127), (187)                         $2,490,437
  126           MS         Grand York Shopping Center                                                                    $2,485,734
  127           MS         Brooktree Estates Apartments                             (125), (187)                         $2,483,094
  128           WF         Daily California Building                                                                     $2,422,990
  129           MS         The Regent-Chicago                                                                            $2,386,701
  130           WF         Lyons Shopping Center                                                                         $2,385,950
  131           WF         Renaissance Tech                                                                              $2,385,849
  132           WF         Columbian Steel Tank Co.                                                                      $2,371,631
  133           MS         Barbur Place Center                                                                           $2,293,084
  134           WF         Samoan Sea Apartments                                                                         $2,268,285
  135           MS         4759 51 Street Warehouse                              (97), (158), (195)                      $2,241,869
  136           WF         20650 Prairie                                                                                 $2,207,002
  137           WF         Sierra West Business Park                                                                     $2,200,358
  138           WF         PetsMart-Sand City                                                                            $2,169,356
  139           MS         Mesa Breeze Apartments                                                                        $2,136,648
  140           WF         Palm Garden Apartments                                       (84)                             $2,130,542
  141           MS         Harvard Apartments                                                                            $2,109,935
  142           MS         Safeworks Warehouse                                                                           $2,092,986
  143           MS         Garden Brook Apartments                                     (144)                             $2,090,375
  144           MS         Lynmarie Apartments                                         (143)                             $2,090,375
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                   CUT-OFF
 LOAN                                                                           DATE BALANCE/          MORTGAGE        NOTE
  NO.       SELLER(1)                                 PROPERTY NAME(2)          UNIT OR SF(4)            RATE          DATE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                        <C>                                                  <C>                    <C>          <C>
  97            MS         4700-4800 SW 51 St Warehouse                                         $37         7.140%   8/28/98
  98            MS         Brookside Villas Apartments                                      $29,404         6.770%   7/15/98
  99            WF         Castaic Apartments                                               $39,484         7.080%   5/14/98
  100           WF         La Habra Hills                                                   $23,991         6.515%    8/7/98
  101           WF         5251 - 5271 East 2nd St.                                            $239         7.400%   5/15/98
  102           WF         Montgomery Business Park                                             $27         7.440%   7/20/98
  103           MS         Atherton Park Apartments                                         $22,350         7.060%   12/23/97
  104           WF         Let's Store It II - Brookhurst                                       $32         6.895%   6/25/98
  105           WF         Torrance Western Self Storage                                        $36         6.895%   6/25/98
  106           WF         Sierra Gardens                                                   $32,949         6.650%   5/26/98
  107           WF         Shelter Creek Apartments                                         $25,403         6.535%   5/22/98
  108           MS         Design Row Shopping Center                                          $102         7.160%   10/30/98
  109           WF         Veteran Plaza                                                   $110,608         6.545%   8/11/98
  110           WF         Rolling Hills Apartments                                         $27,890         6.700%   5/14/98
  111           WF         Four Corners Shopping Center                                         $82         7.750%   5/26/98
  112           MS         Rimrock Plaza Shopping Center                                        $35         8.750%   9/19/97
  113           WF         Orchard View Apartments                                          $24,049         7.140%   8/26/98
  114           WF         Secure Self Storage of Old Town                                      $49         7.210%    7/9/98
  115           MS         Waterford Place Condominiums                                     $76,663         7.180%   5/22/98
  116           WF         Nimitz Point Apartments                                          $42,384         7.100%   4/24/98
  117           WF         Physician's Plaza                                                   $131         7.100%   6/24/98
  118           WF         Artesia Mobile Home Estates                                      $28,296         6.835%   7/15/98
  119           WF         Del Prado Apartments                                             $47,936         6.895%   7/28/98
  120           WF         Concord Villas                                                   $38,345         6.980%   5/15/98
  121           WF         San Mateo Office Complex                                             $77         6.370%    9/1/98
  122           MS         Colonial Arms Apartments                                         $21,993         7.200%   4/25/98
  123           WF         Westport Apartments                                              $13,860         7.060%    5/8/98
  124           WF         Marina Self Storage                                                  $46         7.630%   5/20/98
  125           MS         Americana Palos Verdes Apartments                                $24,416         6.710%   8/18/98
  126           MS         Grand York Shopping Center                                           $42         6.880%   8/12/98
  127           MS         Brooktree Estates Apartments                                     $20,692         6.760%   4/23/98
  128           WF         Daily California Building                                            $31         7.220%   3/12/98
  129           MS         The Regent-Chicago                                                  $265         7.520%    4/6/98
  130           WF         Lyons Shopping Center                                               $103         7.410%   7/13/98
  131           WF         Renaissance Tech                                                     $29         6.950%   6/25/98
  132           WF         Columbian Steel Tank Co.                                             $15         6.905%   6/15/98
  133           MS         Barbur Place Center                                                  $76         6.620%   9/25/98
  134           WF         Samoan Sea Apartments                                            $15,022         6.930%    6/1/98
  135           MS         4759 51 Street Warehouse                                             $31         6.940%   8/28/98
  136           WF         20650 Prairie                                                        $22         7.060%    7/8/98
  137           WF         Sierra West Business Park                                            $62         7.720%   4/15/98
  138           WF         PetsMart-Sand City                                                   $95         6.845%   5/28/98
  139           MS         Mesa Breeze Apartments                                           $34,462         6.660%    5/5/98
  140           WF         Palm Garden Apartments                                           $40,972         6.815%   6/18/98
  141           MS         Harvard Apartments                                               $49,068         7.040%    7/9/98
  142           MS         Safeworks Warehouse                                                  $38         7.250%    9/1/98
  143           MS         Garden Brook Apartments                                          $17,420         6.660%   7/28/98
  144           MS         Lynmarie Apartments                                              $12,296         6.660%   7/28/98
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                      TERM TO           REM. TERM
                                                                                                      MATURITY         TO MATURITY
 LOAN                                                                          MATURITY DATE          OR ARD             OR ARD
  NO.       SELLER(1)                                 PROPERTY NAME(2)            OR ARD(5)             (mos)             (mos)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                        <C>                                                  <C>                   <C>              <C>
  97            MS         4700-4800 SW 51 St Warehouse                            9/1/08                120               115
  98            MS         Brookside Villas Apartments                             8/1/08                120               114
  99            WF         Castaic Apartments                                      6/1/08                120               112
  100           WF         La Habra Hills                                          9/1/08                120               115
  101           WF         5251 - 5271 East 2nd St.                                6/1/08                120               112
  102           WF         Montgomery Business Park                                8/1/08                120               114
  103           MS         Atherton Park Apartments                                1/1/08                120               107
  104           WF         Let's Store It II - Brookhurst                          8/1/08                120               114
  105           WF         Torrance Western Self Storage                           8/1/08                120               114
  106           WF         Sierra Gardens                                          7/1/08                120               113
  107           WF         Shelter Creek Apartments                                6/1/08                120               112
  108           MS         Design Row Shopping Center                              11/1/08               120               117
  109           WF         Veteran Plaza                                           9/1/08                120               115
  110           WF         Rolling Hills Apartments                                7/1/08                120               113
  111           WF         Four Corners Shopping Center                            6/1/18                240               232
  112           MS         Rimrock Plaza Shopping Center                           10/1/17               240               224
  113           WF         Orchard View Apartments                                 10/1/13               180               176
  114           WF         Secure Self Storage of Old Town                         8/1/08                120               114
  115           MS         Waterford Place Condominiums                            6/1/08                120               112
  116           WF         Nimitz Point Apartments                                 6/1/08                120               112
  117           WF         Physician's Plaza                                       8/1/08                120               114
  118           WF         Artesia Mobile Home Estates                             8/1/08                120               114
  119           WF         Del Prado Apartments                                    9/1/08                120               115
  120           WF         Concord Villas                                          7/1/08                120               113
  121           WF         San Mateo Office Complex                                10/1/08               120               116
  122           MS         Colonial Arms Apartments                                6/1/08                120               112
  123           WF         Westport Apartments                                     6/1/08                120               112
  124           WF         Marina Self Storage                                     6/1/08                120               112
  125           MS         Americana Palos Verdes Apartments                       9/1/08                120               115
  126           MS         Grand York Shopping Center                              9/1/13                180               175
  127           MS         Brooktree Estates Apartments                            5/1/09                132               123
  128           WF         Daily California Building                               4/1/08                120               110
  129           MS         The Regent-Chicago                                      5/1/08                120               111
  130           WF         Lyons Shopping Center                                   9/1/08                120               115
  131           WF         Renaissance Tech                                        7/1/08                120               113
  132           WF         Columbian Steel Tank Co.                                8/1/08                120               114
  133           MS         Barbur Place Center                                     10/1/08               120               116
  134           WF         Samoan Sea Apartments                                   7/1/08                120               113
  135           MS         4759 51 Street Warehouse                                9/1/08                120               115
  136           WF         20650 Prairie                                           8/1/13                180               174
  137           WF         Sierra West Business Park                               5/1/08                120               111
  138           WF         PetsMart-Sand City                                      7/1/08                120               113
  139           MS         Mesa Breeze Apartments                                  6/1/08                120               112
  140           WF         Palm Garden Apartments                                  7/1/08                120               113
  141           MS         Harvard Apartments                                      8/1/08                120               114
  142           MS         Safeworks Warehouse                                     9/1/08                120               115
  143           MS         Garden Brook Apartments                                 8/1/08                120               114
  144           MS         Lynmarie Apartments                                     8/1/08                120               114
</TABLE>

                                      II-3
<PAGE>   5

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                            SCHEDULED
                                                                                 AMORT.     BALANCE AT
 LOAN                                                                             TERM       MATURITY      BALLOON        SECURITY
  NO.       SELLER(1)                                 PROPERTY NAME(2)          (mos)(4)      OR ARD       LTV(4)           TYPE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                        <C>                                                  <C>         <C>            <C>         <C>
  97            MS         4700-4800 SW 51 St Warehouse                            360      $2,932,436      69.8%           Fee
  98            MS         Brookside Villas Apartments                             360      $2,893,247      66.5%           Fee
  99            WF         Castaic Apartments                                      300      $2,640,116      60.0%           Fee
  100           WF         La Habra Hills                                          360      $2,840,349      53.6%           Fee
  101           WF         5251 - 5271 East 2nd St.                                300      $2,623,624      48.0%           Fee
  102           WF         Montgomery Business Park                                300      $2,627,429      60.8%           Fee
  103           MS         Atherton Park Apartments                                360      $2,837,995      45.8%           Fee
  104           WF         Let's Store It II - Brookhurst                          300      $2,508,829      50.4%           Fee
  105           WF         Torrance Western Self Storage                           300      $2,508,829      54.2%           Fee
  106           WF         Sierra Gardens                                          360      $2,748,033      64.8%           Fee
  107           WF         Shelter Creek Apartments                                240      $2,141,483      20.6%           Fee
  108           MS         Design Row Shopping Center                              360      $2,758,714      65.7%           Fee
  109           WF         Veteran Plaza                                           360      $2,546,148      52.3%           Fee
  110           WF         Rolling Hills Apartments                                360      $2,596,051      37.1%           Fee
  111           WF         Four Corners Shopping Center                            240              $0       0.0%        Leasehold
  112           MS         Rimrock Plaza Shopping Center                           240              $0       0.0%           Fee
  113           WF         Orchard View Apartments                                 300      $1,776,606      40.8%           Fee
  114           WF         Secure Self Storage of Old Town                         300      $2,254,788      60.9%      Fee/Leasehold
  115           MS         Waterford Place Condominiums                            360      $2,432,082      65.7%           Fee
  116           WF         Nimitz Point Apartments                                 300      $2,196,669      61.0%           Fee
  117           WF         Physician's Plaza                                       360      $2,361,334      65.6%           Fee
  118           WF         Artesia Mobile Home Estates                             360      $2,344,731      45.7%           Fee
  119           WF         Del Prado Apartments                                    300      $2,152,726      59.3%           Fee
  120           WF         Concord Villas                                          360      $2,315,842      63.1%           Fee
  121           WF         San Mateo Office Complex                                360      $2,280,398      42.6%           Fee
  122           MS         Colonial Arms Apartments                                300      $2,143,479      60.4%           Fee
  123           WF         Westport Apartments                                     180      $1,260,900      25.2%           Fee
  124           WF         Marina Self Storage                                     240      $1,819,554      49.2%           Fee
  125           MS         Americana Palos Verdes Apartments                       360      $2,163,396      60.1%           Fee
  126           MS         Grand York Shopping Center                              180      $  $44,266       0.0%           Fee
  127           MS         Brooktree Estates Apartments                            360      $2,119,280      51.1%           Fee
  128           WF         Daily California Building                               300      $1,973,685      49.0%           Fee
  129           MS         The Regent-Chicago                                      360      $2,122,147      66.0%           Fee
  130           WF         Lyons Shopping Center                                   300      $1,908,604      57.5%           Fee
  131           WF         Renaissance Tech                                        360      $2,057,068      44.7%           Fee
  132           WF         Columbian Steel Tank Co.                                240      $1,397,531      48.4%           Fee
  133           MS         Barbur Place Center                                     360      $1,985,614      64.1%           Fee
  134           WF         Samoan Sea Apartments                                   240      $1,532,239      47.9%           Fee
  135           MS         4759 51 Street Warehouse                                360      $1,959,181      65.3%           Fee
  136           WF         20650 Prairie                                           180              $0       0.0%           Fee
  137           WF         Sierra West Business Park                               300      $1,815,798      58.6%           Fee
  138           WF         PetsMart-Sand City                                      240      $1,461,480      36.5%           Fee
  139           MS         Mesa Breeze Apartments                                  360      $1,838,266      51.6%           Fee
  140           WF         Palm Garden Apartments                                  300      $1,681,787      42.6%           Fee
  141           MS         Harvard Apartments                                      360      $1,850,065      65.5%           Fee
  142           MS         Safeworks Warehouse                                     360      $1,843,499      65.8%           Fee
  143           MS         Garden Brook Apartments                                 360      $1,815,002      40.1%           Fee
  144           MS         Lynmarie Apartments                                     360      $1,815,002      27.8%           Fee
</TABLE>

<PAGE>   6
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
LOAN INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                 RELATED BORROWER               AGGREGATE
 LOAN                                                                              LOAN GROUPS                   CUT-OFF
  NO.       SELLER(1)                                 PROPERTY NAME(2)            (BY LOAN NO.)              DATE BALANCE(3)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                          <C>
  145           WF         Storey Plastics Building                                                                     $2,083,476
  146           WF         Casa de Jerado                                             (147)                             $2,073,107
  147           WF         Palm Central South                                         (146)                             $2,073,107
  148           WF         Barnes - 380 Tennant Ave (D)                                                                   $993,877
  149           WF         Barnes - 6550 Brem Lane (D)                                                                    $646,020
  150           WF         Barnes - Santa Cruz (D)                                                                        $422,398
  151           WF         Arctic Business Park III                                                                     $2,031,974
  152           MS         Savannah Gardens Apartments                                                                  $1,992,520
  153           WF         Markison Vista                                                                               $1,988,207
  154           WF         London Press Building                                                                        $1,961,812
  155           WF         Canal Park Apartments                                                                        $1,951,864
  156           WF         Hayvenhurst Airport Business Park                                                            $1,933,264
  157           WF         Bashas' Shopping Center                                                                      $1,896,520
  158           MS         15th & 16th Street Warehouse                         (97), (135), (195)                      $1,893,638
  159           WF         Raintree Apartments                                                                          $1,884,642
  160           MS         Lindys Town Lake Apartments                                                                  $1,841,071
  161           MS         Discount Mini Storage North                                (194)                             $1,809,141
  162           WF         1207-15 Pearl Street Mall                                                                    $1,791,150
  163           WF         Midway Park North                                                                            $1,774,475
  164           MS         Winchester House Apartments                                                                  $1,773,104
  165           WF         740 W. Knox                                                                                  $1,767,114
  166           MS         Normandie Apartments                                                                         $1,754,370
  167           WF         Oakmont Shopping Center                                                                      $1,737,283
  168           MS         Coral Place Pilgrim Building Shopping Center         (108), (213), (232)                     $1,721,553
  169           WF         1730 I Street                                                                                $1,690,982
  170           WF         Western Digital Building                                                                     $1,688,971
  171           WF         Casa Alegre Apartments                                                                       $1,676,307
  172           WF         Rodeo Plaza                                                                                  $1,663,852
  173           WF         Casa Del Sol North (E)                                                                         $859,550
  174           WF         Casa Del Sol South (E)                                                                         $765,691
  175           WF         Staples-Southington                                                                          $1,616,194
  176           WF         55 th & Wadsworth Retail Center                                                              $1,593,034
  177           WF         OMA Building                                                                                 $1,589,740
  178           WF         Cleator Corp Buildings                                                                       $1,587,652
  179           WF         Hidden Village Apartments                                                                    $1,575,128
  180           WF         Arctic Business Park II                                                                      $1,556,195
  181           WF         Eckerd Drug Store No. 816R                                                                   $1,534,840
  182           WF         Willow Glen Mobile Home Park                                                                 $1,517,454
  183           WF         940 E. Diehl Road                                                                            $1,493,271
  184           WF         Gateway Office Center                                                                        $1,491,827
  185           WF         Laguna Hills Property                                                                        $1,491,544
  186           WF         Rancho Dominguez                                                                             $1,491,512
  187           MS         The Hampton Apartments                                  (125), (127)                         $1,490,358
  188           WF         Redwood Self Storage                                                                         $1,486,865
  189           WF         Hewlett Packard Bldg.                                                                        $1,486,281
  190           WF         Spenwick Industrial Park                                                                     $1,486,139
  191           WF         Lancaster Medical Office Building                                                            $1,468,452
  192           MS         Dorchester Gardens Apartments                                                                $1,429,195
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                   CUT-OFF
           LOAN                                                                 DATE BALANCE/          MORTGAGE        NOTE
  NO.       SELLER(1)                                 PROPERTY NAME(2)          UNIT OR SF(4)            RATE          DATE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                    <C>           <C>
  145           WF         Storey Plastics Building                                             $52         6.960%   6/12/98
  146           WF         Casa de Jerado                                                   $17,276         6.935%   5/27/98
  147           WF         Palm Central South                                               $18,185         6.935%   5/27/98
  148           WF         Barnes - 380 Tennant Ave (D)                                         $54         7.485%   7/10/98
  149           WF         Barnes - 6550 Brem Lane (D)                                          $54         7.485%   7/10/98
  150           WF         Barnes - Santa Cruz (D)                                              $54         7.485%   7/10/98
  151           WF         Arctic Business Park III                                             $43         7.270%   8/11/98
  152           MS         Savannah Gardens Apartments                                      $16,604         7.440%   7/31/98
  153           WF         Markison Vista                                                       $23         6.950%   6/25/98
  154           WF         London Press Building                                                $24         7.070%   5/29/98
  155           WF         Canal Park Apartments                                            $27,109         7.570%   5/26/98
  156           WF         Hayvenhurst Airport Business Park                                    $39         7.305%    5/4/98
  157           WF         Bashas' Shopping Center                                              $35         7.780%   4/24/98
  158           MS         15th & 16th Street Warehouse                                         $36         7.240%   8/28/98
  159           WF         Raintree Apartments                                              $13,088         6.820%   5/29/98
  160           MS         Lindys Town Lake Apartments                                      $18,050         7.020%   6/18/98
  161           MS         Discount Mini Storage North                                          $38         7.240%    5/8/98
  162           WF         1207-15 Pearl Street Mall                                           $132         7.570%   4/28/98
  163           WF         Midway Park North                                                    $27         6.950%   6/25/98
  164           MS         Winchester House Apartments                                      $23,330         8.170%   1/19/96
  165           WF         740 W. Knox                                                          $43         7.090%   7/10/98
  166           MS         Normandie Apartments                                             $15,949         8.750%   3/15/94
  167           WF         Oakmont Shopping Center                                              $95         7.365%   6/23/98
  168           MS         Coral Place Pilgrim Building Shopping Center                         $83         7.160%   10/30/98
  169           WF         1730 I Street                                                        $92         7.340%   7/17/98
  170           WF         Western Digital Building                                             $69         7.190%    7/2/98
  171           WF         Casa Alegre Apartments                                           $22,057         6.840%    6/5/98
  172           WF         Rodeo Plaza                                                          $40         7.770%    6/8/98
  173           WF         Casa Del Sol North (E)                                           $18,261         6.770%    7/1/98
  174           WF         Casa Del Sol South (E)                                           $18,261         6.770%    7/1/98
  175           WF         Staples-Southington                                                  $92         7.240%   5/14/98
  176           WF         55 th & Wadsworth Retail Center                                     $133         7.400%    6/8/98
  177           WF         OMA Building                                                         $59         7.250%    7/3/98
  178           WF         Cleator Corp Buildings                                               $34         7.060%   6/22/98
  179           WF         Hidden Village Apartments                                        $12,116         7.070%   5/11/98
  180           WF         Arctic Business Park II                                              $39         7.270%   8/11/98
  181           WF         Eckerd Drug Store No. 816R                                          $118         6.940%   8/20/98
  182           WF         Willow Glen Mobile Home Park                                     $17,244         6.925%   6/10/98
  183           WF         940 E. Diehl Road                                                    $76         6.595%   7/17/98
  184           WF         Gateway Office Center                                                $60         7.200%   8/18/98
  185           WF         Laguna Hills Property                                                $57         7.020%   8/19/98
  186           WF         Rancho Dominguez                                                     $28         7.000%    7/7/98
  187           MS         The Hampton Apartments                                           $35,485         6.960%   4/21/98
  188           WF         Redwood Self Storage                                                 $22         7.200%   4/23/98
  189           WF         Hewlett Packard Bldg.                                                $32         6.970%   5/12/98
  190           WF         Spenwick Industrial Park                                             $15         7.555%   4/30/98
  191           WF         Lancaster Medical Office Building                                    $82         7.780%    6/3/98
  192           MS         Dorchester Gardens Apartments                                    $12,537         8.500%   7/18/95
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                      TERM TO           REM.TERM
                                                                                                      MATURITY         TO MATURITY
           LOAN                                                                 MATURITY DATE          OR ARD            OR ARD
  NO.       SELLER(1)                                 PROPERTY NAME(2)            OR ARD(5)             (MOS)             (MOS)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                             <C>                   <C>               <C>
  145           WF         Storey Plastics Building                                7/1/08                120               113
  146           WF         Casa de Jerado                                          7/1/08                120               113
  147           WF         Palm Central South                                      7/1/08                120               113
  148           WF         Barnes - 380 Tennant Ave (D)                            8/1/08                120               114
  149           WF         Barnes - 6550 Brem Lane (D)                             8/1/08                120               114
  150           WF         Barnes - Santa Cruz (D)                                 8/1/08                120               114
  151           WF         Arctic Business Park III                                9/1/18                240               235
  152           MS         Savannah Gardens Apartments                             8/1/08                120               114
  153           WF         Markison Vista                                          7/1/08                120               113
  154           WF         London Press Building                                   8/1/13                180               174
  155           WF         Canal Park Apartments                                   7/1/18                240               233
  156           WF         Hayvenhurst Airport Business Park                       6/1/08                120               112
  157           WF         Bashas' Shopping Center                                 5/1/18                240               231
  158           MS         15th & 16th Street Warehouse                            9/1/08                120               115
  159           WF         Raintree Apartments                                     7/1/08                120               113
  160           MS         Lindys Town Lake Apartments                             7/1/08                120               113
  161           MS         Discount Mini Storage North                             6/1/08                120               112
  162           WF         1207-15 Pearl Street Mall                               6/1/08                120               112
  163           WF         Midway Park North                                       7/1/08                120               113
  164           MS         Winchester House Apartments                             2/1/03                84                48
  165           WF         740 W. Knox                                             8/1/13                180               174
  166           MS         Normandie Apartments                                    4/1/01                84                26
  167           WF         Oakmont Shopping Center                                 7/1/08                120               113
  168           MS         Coral Place Pilgrim Building Shopping Center            11/1/08               120               117
  169           WF         1730 I Street                                           9/1/08                120               115
  170           WF         Western Digital Building                                8/1/08                120               114
  171           WF         Casa Alegre Apartments                                  7/1/08                120               113
  172           WF         Rodeo Plaza                                             8/1/08                120               114
  173           WF         Casa Del Sol North (E)                                  8/1/08                120               114
  174           WF         Casa Del Sol South (E)                                  8/1/08                120               114
  175           WF         Staples-Southington                                     7/1/11                156               149
  176           WF         55 th & Wadsworth Retail Center                         7/1/08                120               113
  177           WF         OMA Building                                            8/1/08                120               114
  178           WF         Cleator Corp Buildings                                  7/1/08                120               113
  179           WF         Hidden Village Apartments                               6/1/18                240               232
  180           WF         Arctic Business Park II                                 9/1/18                240               235
  181           WF         Eckerd Drug Store No. 816R                              9/1/18                240               235
  182           WF         Willow Glen Mobile Home Park                            7/1/08                120               113
  183           WF         940 E. Diehl Road                                       9/1/08                120               115
  184           WF         Gateway Office Center                                   9/1/08                120               115
  185           WF         Laguna Hills Property                                   9/1/08                120               115
  186           WF         Rancho Dominguez                                        9/1/08                120               115
  187           MS         The Hampton Apartments                                  5/1/13                180               171
  188           WF         Redwood Self Storage                                    6/1/08                120               112
  189           WF         Hewlett Packard Bldg.                                   6/1/08                120               112
  190           WF         Spenwick Industrial Park                                6/1/08                120               112
  191           WF         Lancaster Medical Office Building                       7/1/13                180               173
  192           MS         Dorchester Gardens Apartments                           8/1/02                84                42
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                           SCHEDULED
                                                                            AMORT.         BALANCE AT
           LOAN                                                              TERM           MATURITY         BALLOON        SECURITY
  NO.       SELLER(1)                                 PROPERTY NAME(2)     (MOS)(6)          OR ARD          LTV(4)           TYPE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                                        <C>              <C>               <C>            <C>
  145           WF         Storey Plastics Building                          300               $1,678,311     45.4%           Fee
  146           WF         Casa de Jerado                                    240               $1,426,569     41.1%           Fee
  147           WF         Palm Central South                                240               $1,426,569     39.8%           Fee
  148           WF         Barnes - 380 Tennant Ave (D)                      300                 $812,034     52.3%           Fee
  149           WF         Barnes - 6550 Brem Lane (D)                       300                 $527,822     52.3%           Fee
  150           WF         Barnes - Santa Cruz (D)                           300                 $345,114     52.3%           Fee
  151           WF         Arctic Business Park III                          240                  $71,419     2.4%            Fee
  152           MS         Savannah Gardens Apartments                       360               $1,764,542     70.6%           Fee
  153           WF         Markison Vista                                    360               $1,714,223     50.0%           Fee
  154           WF         London Press Building                             180                       $0     0.0%            Fee
  155           WF         Canal Park Apartments                             360               $1,251,302     47.4%           Fee
  156           WF         Hayvenhurst Airport Business Park                 300               $1,574,925     55.7%           Fee
  157           WF         Bashas' Shopping Center                           240                  $80,360     2.9%            Fee
  158           MS         15th & 16th Street Warehouse                      360               $1,667,498     69.5%           Fee
  159           WF         Raintree Apartments                               300               $1,511,786     52.4%           Fee
  160           MS         Lindys Town Lake Apartments                       360               $1,614,774     59.8%           Fee
  161           MS         Discount Mini Storage North                       300               $1,471,043     51.4%           Fee
  162           WF         1207-15 Pearl Street Mall                         360               $1,593,345     49.3%           Fee
  163           WF         Midway Park North                                 360               $1,529,945     43.3%           Fee
  164           MS         Winchester House Apartments                       300               $1,636,505     61.8%           Fee
  165           WF         740 W. Knox                                       180                  $33,939     1.2%            Fee
  166           MS         Normandie Apartments                              300               $1,678,408     56.9%           Fee
  167           WF         Oakmont Shopping Center                           300               $1,416,179     51.5%           Fee
  168           MS         Coral Place Pilgrim Building Shopping Center      360               $1,510,724     65.7%           Fee
  169           WF         1730 I Street                                     300               $1,374,174     60.3%           Fee
  170           WF         Western Digital Building                          300               $1,368,137     54.7%           Fee
  171           WF         Casa Alegre Apartments                            240               $1,129,136     47.6%           Fee
  172           WF         Rodeo Plaza                                       300               $1,344,807     55.1%           Fee
  173           WF         Casa Del Sol North (E)                            240                 $576,500     40.4%           Fee
  174           WF         Casa Del Sol South (E)                            240                 $513,549     40.4%           Fee
  175           WF         Staples-Southington                               300               $1,130,527     37.7%           Fee
  176           WF         55 th & Wadsworth Retail Center                   360               $1,410,425     60.5%           Fee
  177           WF         OMA Building                                      300               $1,290,031     58.6%           Fee
  178           WF         Cleator Corp Buildings                            300               $1,282,713     53.4%           Fee
  179           WF         Hidden Village Apartments                         240                       $0     0.0%            Fee
  180           WF         Arctic Business Park II                           240                  $54,700     2.2%            Fee
  181           WF         Eckerd Drug Store No. 816R                        240                       $2     0.0%            Fee
  182           WF         Willow Glen Mobile Home Park                      360               $1,327,733     60.4%           Fee
  183           WF         940 E. Diehl Road                                 360               $1,274,657     51.8%           Fee
  184           WF         Gateway Office Center                             300               $1,207,339     61.3%           Fee
  185           WF         Laguna Hills Property                             300               $1,200,644     50.0%           Fee
  186           WF         Rancho Dominguez                                  300               $1,199,896     53.0%           Fee
  187           MS         The Hampton Apartments                            360               $1,146,124     52.1%           Fee
  188           WF         Redwood Self Storage                              300               $1,207,594     36.6%           Fee
  189           WF         Hewlett Packard Bldg.                             300               $1,199,012     43.8%           Fee
  190           WF         Spenwick Industrial Park                          300               $1,197,516     54.4%           Fee
  191           WF         Lancaster Medical Office Building                 180                       $2     0.0%         Leasehold
  192           MS         Dorchester Gardens Apartments                     300               $1,333,956     60.6%           Fee
</TABLE>

                                      II-4

<PAGE>   7
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
LOAN INFORMATION

<TABLE>
<CAPTION>

- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
                                                           RELATED BORROWER     AGGREGATE       CUT-OFF                           
 Loan                                                         Loan Groups        Cut-Off     Date Balance/  Mortgage     Note     
  No.   Seller(1)            Property Name(2)                (by Loan No.)   Date Balance(3) Unit or SF(4)    Rate       Date     
- ----------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>                   <C>              <C>         <C>      <C>          
  193     WF    Safeway-Marlow Center                                             $1,421,512            $38    7.330%   4/22/98   
  194     MS    Keylock Mini Storage                             (161)            $1,414,861            $19    7.240%   5/8/98    
  195     MS    53rd Court Warehouse                       (97), (135), (158)     $1,395,066            $30    7.040%   8/28/98   
  196     WF    Stadium Court                                                     $1,387,938            $38    7.285%   4/20/98   
  197     MS    Oakhurst Drive Apartments                                         $1,371,130       $114,261    6.960%   4/3/98    
  198     WF    4602 North Avenue                                                 $1,347,885            $31    7.110%   5/1/98    
  199     WF    Cal Plate, Inc. Buildings                                         $1,337,797            $42    7.620%   6/22/98   
  200     WF    McKinley Business Center                                          $1,334,901            $27    7.200%   6/19/98   
  201     WF    Rite Aid - Cleveland                                              $1,329,627           $119    6.830%   6/17/98   
  202     MS    77 Rumford Avenue Office Building                                 $1,295,922            $56    7.490%   8/10/98   
  203     WF    Herndon/West Office II (F)                                          $644,994            $64    7.070%   4/27/98   
  204     WF    Herndon/West Office I (F)                                           $644,746            $64    6.820%   4/27/98   
  205     WF    Daisy I Apartments                           (240), (253)         $1,283,186        $49,353    7.300%   5/4/98    
  206     WF    Sunset East Apartments                                            $1,282,645        $32,066    6.960%   7/31/98   
  207     WF    Overlook Terrace Apts.                                            $1,266,436        $26,384    7.010%   6/25/98   
  208     WF    2275 East Bayshore Road                                           $1,234,953            $99    7.375%   6/4/98    
  209     WF    Darant Industrial                                                 $1,233,478            $28    6.560%   8/3/98    
  210     WF    354 S. La Fayette Park Place                                      $1,232,844        $30,069    7.060%   6/25/98   
  211     WF    22322 Gilberto                                                    $1,212,506            $38    7.160%   6/10/98   
  212     WF    Parkview                                                          $1,202,865            $21    6.950%   6/25/98   
  213     MS    Las Olas Shopping Center                   (108), (168), (232)    $1,197,602           $160    7.160%  10/30/98   
  214     WF    1841 Fuller Apartments                                            $1,195,082        $44,262    7.060%   8/10/98   
  215     MS    Brighton Avenue Plaza Shopping Center                             $1,191,768            $42    7.650%   6/2/98    
  216     WF    Tiffany Building                                                  $1,190,576            $54    6.970%   6/15/98   
  217     WF    Ballinger Trace Apts.                                             $1,166,073        $43,188    7.330%   4/15/98   
  218     WF    Freeway Industrial Center                                         $1,164,795            $25    7.080%   5/29/98   
  219     WF    Villa Monaco                                 (100), (106)         $1,139,147        $28,479    6.800%   5/26/98   
  220     WF    Cheyenne Mountain Blockbuster                                     $1,120,700           $122    7.360%   6/25/98   
  221     WF    Sunset Hill Apartments                                            $1,106,814        $19,418    7.220%   7/20/98   
  222     WF    Le Med Apartments                                                 $1,093,993        $12,432    6.410%   7/21/98   
  223     WF    Kerner Automotive Center                                          $1,093,880            $41    7.090%   7/30/98   
  224     WF    Bachman Glen Apartments                                           $1,093,539        $14,389    6.800%   7/29/98   
  225     WF    Westview Plaza                                                    $1,088,514            $44    7.310%   7/1/98    
  226     WF    Fairmont Apartments                                               $1,082,779        $25,780    7.010%   5/15/98   
  227     WF    Commerce-Executive                                                $1,078,603            $13    6.950%   6/23/98   
  228     WF    St. Andrews Apartments                                            $1,074,760        $29,854    7.000%   6/17/98   
  229     WF    Dunbar Amored Building                                            $1,058,825            $34    7.025%   7/13/98   
  230     WF    631 Giguere Court                                                 $1,044,219            $43    7.145%   7/30/98   
  231     WF    Woodfront Condominiums                                            $1,043,388        $21,294    7.040%   4/23/98   
  232     MS    Coral Shopping Center                      (108), (168), (213)    $1,022,670            $68    6.660%  10/30/98   
  233     WF    Morally Wholesale                                                 $1,016,948            $44    7.110%   6/10/98   
  234     WF    Emerald Court Apartments                                          $1,002,461        $35,802    7.060%   4/22/98   
  235     WF    1500 International Parkway                                          $999,074            $22    6.950%   6/25/98   
  236     WF    4801 W. 147th                                                       $995,288            $34    7.110%   6/3/98    
  237     WF    7225 & 7235 Bermuda Road                     (238), (254)           $991,826            $45    6.550%   8/24/98   
  238     WF    150 North Gibson Road                        (237), (254)           $991,826            $30    6.550%   8/24/98   
  239     WF    San Carlos Apartments                                               $996,014        $26,211    6.540%   8/21/98   
  240     WF    Daisy III Apartments                         (205), (253)           $994,718        $45,214    7.300%   5/11/98   
</TABLE>

<TABLE>
<CAPTION>

- ------------------------------------------------------------------------------------------------------------------------------------
                                                                     TERM TO     REM. TERM            SCHEDULED
                                                                     MATURITY   TO MATURITY  AMORT.   BALANCE AT
 Loan                                                Maturity Date    or ARD       or ARD     Term     Maturity    Balloon  Security
  No.   Seller(1)            Property Name(2)          or ARD(5)      (mos)        (mos)    (mos)(6)    or ARD     LTV(4)     Type
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                     <C>          <C>           <C>        <C>     <C>           <C>      <C>    
  193     WF    Safeway-Marlow Center                    5/1/08        120          111       120              $0   0.0%      Fee
  194     MS    Keylock Mini Storage                     6/1/08        120          112       180        $682,383   20.3%     Fee
  195     MS    53rd Court Warehouse                     9/1/08        120          115       360      $1,222,284   61.1%     Fee
  196     WF    Stadium Court                            6/1/08        120          112       300      $1,130,025   47.7%     Fee
  197     MS    Oakhurst Drive Apartments                5/1/08        120          111       360      $1,202,646   61.7%     Fee
  198     WF    4602 North Avenue                        6/1/08        120          112       300      $1,091,851   45.9%     Fee
  199     WF    Cal Plate, Inc. Buildings                7/1/18        240          233       240              $0   0.0%      Fee
  200     WF    McKinley Business Center                 7/1/08        120          113       300      $1,082,960   49.9%     Fee
  201     WF    Rite Aid - Cleveland                     7/1/08        120          113       360      $1,143,280   50.1%     Fee
  202     MS    77 Rumford Avenue Office Building        9/1/08        120          115       360      $1,148,213   47.8%     Fee
  203     WF    Herndon/West Office II (F)               7/1/08        120          113       300        $521,264   47.2%     Fee
  204     WF    Herndon/West Office I (F)                7/1/08        120          113       300        $517,190   47.2%     Fee
  205     WF    Daisy I Apartments                       6/1/08        120          112       360      $1,134,107   62.1%     Fee
  206     WF    Sunset East Apartments                   9/1/08        120          115       300      $1,030,623   51.8%     Fee
  207     WF    Overlook Terrace Apts.                   8/1/08        120          114       300      $1,020,400   59.3%     Fee
  208     WF    2275 East Bayshore Road                  7/1/08        120          113       240        $862,805   29.1%     Fee
  209     WF    Darant Industrial                       10/1/13        180          176       180              $0   0.0%      Fee
  210     WF    354 S. La Fayette Park Place             7/1/05         84           77       360      $1,131,278   70.7%     Fee
  211     WF    22322 Gilberto                           7/1/08        120          113       180        $566,323   26.3%     Fee
  212     WF    Parkview                                 7/1/08        120          113       360      $1,037,105   35.8%     Fee
  213     MS    Las Olas Shopping Center                11/1/08        120          117       360      $1,050,939   61.8%     Fee
  214     WF    1841 Fuller Apartments                   9/1/13        180          175       360        $890,288   46.9%     Fee
  215     MS    Brighton Avenue Plaza Shopping Center    7/1/08        120          113       300        $979,441   27.2%     Fee
  216     WF    Tiffany Building                         8/1/08        121          114       300        $956,635   55.0%     Fee
  217     WF    Ballinger Trace Apts.                    5/1/13        180          171       180              $0   0.0%      Fee
  218     WF    Freeway Industrial Center                7/1/08        120          113       300        $926,010   57.9%     Fee
  219     WF    Villa Monaco                             7/1/08        120          113       360        $993,534   60.2%     Fee
  220     WF    Cheyenne Mountain Blockbuster            8/1/08        120          114       360        $990,537   60.0%     Fee
  221     WF    Sunset Hill Apartments                   8/1/08        120          114       300        $897,359   57.9%     Fee
  222     WF    Le Med Apartments                       10/1/08        120          116       300        $850,359   28.3%     Fee
  223     WF    Kerner Automotive Center                 9/1/08        120          115       300        $882,386   38.4%     Fee
  224     WF    Bachman Glen Apartments                  9/1/08        120          115       300        $874,413   58.3%     Fee
  225     WF    Westview Plaza                           8/1/13        180          174       240        $463,921   23.2%     Fee
  226     WF    Fairmont Apartments                      6/1/08        120          112       240        $734,753   43.7%     Fee
  227     WF    Commerce-Executive                       7/1/08        120          113       360        $929,967   25.5%     Fee
  228     WF    St. Andrews Apartments                   7/1/08        120          113       360        $942,178   69.8%     Fee
  229     WF    Dunbar Amored Building                   9/1/08        120          115       360        $927,331   63.5%     Fee
  230     WF    631 Giguere Court                        9/1/08        120          115       300        $843,709   48.2%     Fee
  231     WF    Woodfront Condominiums                   5/1/08        120          111       360        $917,005   70.0%     Fee
  232     MS    Coral Shopping Center                   11/1/08        120          117       360        $885,753   63.3%     Fee
  233     WF    Morally Wholesale                        7/1/10        144          137       144              $0   0.0%      Fee
  234     WF    Emerald Court Apartments                 5/1/08        120          111       360        $867,925   51.1%     Fee
  235     WF    1500 International Parkway               7/1/08        120          113       360        $861,397   31.9%     Fee
  236     WF    4801 W. 147th                            7/1/10        144          137       360        $837,095   54.4%     Fee
  237     WF    7225 & 7235 Bermuda Road                10/1/18        240          236       240              $0   0.0%      Fee
  238     WF    150 North Gibson Road                   10/1/18        240          236       240              $0   0.0%      Fee
  239     WF    San Carlos Apartments                    9/1/08        120          115       360        $861,311   47.9%     Fee
  240     WF    Daisy III Apartments                     6/1/08        120          112       360        $879,152   57.6%     Fee
</TABLE>


                                      II-5
<PAGE>   8


APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
LOAN INFORMATION


<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
                                                           RELATED BORROWER     AGGREGATE       CUT-OFF                           
 LOAN                                                         LOAN GROUPS        CUT-OFF     DATE BALANCE/  MORTGAGE     NOTE     
  NO.   SELLER(1)            PROPERTY NAME(2)                (BY LOAN NO.)   DATE BALANCE(3) UNIT OR SF(4)    RATE       DATE     
- ----------------------------------------------------------------------------------------------------------------------------------
<S>                                                        <C>                  <C>               <C>         <C>      <C>          
  241     WF    Evergreen Garden Apts.                                              $994,006        $14,618    6.690%   8/14/98     
  242     WF    Albermarle Center                                                   $993,835            $24    7.450%   6/25/98     
  243     WF    The Village at Weber Ranch                                          $991,159            $94    7.150%   5/20/98     
  244     MS    U-Stor George Washington                                            $991,072            $19    7.160%   8/26/98     
  245     WF    1410 W. 10th Pl.                                                    $987,406            $65    7.055%    6/3/98     
  246     WF    Memorial Hills Townhomes                                            $986,647        $24,666    7.200%    6/4/98     
  247     WF    Espalier Square                                                     $984,378            $40    7.250%   7/31/98     
  248     WF    Mission Plaza                                                       $969,251            $25    6.950%   6/25/98     
  249     WF    Huebner Road Office Buildings                                       $964,937            $35    7.060%   7/22/98     
  250     WF    Kickapoo Plaza Shopping Center                                      $952,949            $22    7.430%    5/5/98     
  251     WF    Cascade Optical Buildings                                           $929,529            $44    7.780%   5/14/98     
  252     WF    The 3700 Building                                                   $918,970            $67    7.165%   7/23/98     
  253     WF    Daisy IV Apartments                          (205), (240)           $895,246        $44,762    7.300%   5/12/98     
  254     WF    2201 Sturgis                                 (237), (238)           $892,765            $25    6.690%   8/24/98     
  255     WF    Petal Street                                                        $889,723            $10    6.950%   6/25/98     
  256     WF    Thrifty Payless, Laguna Niguel (IV)                                 $443,950            $22    7.360%  12/16/97     
  257     WF    Thrifty Payless, Bellflower (IV)                                    $443,950            $22    7.360%  12/16/97     
  258     WF    Jam Pharmaceutical                                                  $877,727            $35    7.460%   5/22/98     
  259     WF    Sonora Court                                                        $839,585            $43    7.250%   6/17/98     
  260     WF    Parkway Square                                                      $805,224            $10    6.950%   6/25/98     
  261     WF    Glenbrook Place Apartments                                          $750,732         $8,531    7.500%   8/14/98     
  262     WF    4625 West Jennifer Avenue                                           $744,770            $38    7.570%    5/1/98     
  263     WF    Commercial Building West Lake Village                               $738,483            $36    7.450%   7/28/98     
  264     WF    South Park Apartments                                               $736,217        $35,058    6.800%   5/26/98     
  265     WF    Reseda Mobile Homes                                                 $735,728         $6,812    7.110%    7/1/98     
  266     WF    Murphy Avenue                                (268), (269)           $723,836            $34    7.260%   5/29/98     
  267     WF    10925 Kinross Avenue                                                $693,230            $43    7.265%   5/13/98     
  268     WF    4 Wrigley Street                             (266), (269)           $640,346            $37    7.260%   5/29/98     
  269     WF    9 Marconi Street                             (266), (268)           $634,596            $38    7.260%   5/29/98     
  270     WF    Westridge Commerce Center                                           $497,523            $31    7.690%   7/28/98     
  271     WF    Centennial Green                                                    $477,170            $29    6.950%   6/25/98     
  272     WF    Bowser Tech                                                         $467,229            $12    6.950%   6/24/98     
  273     WF    1720 Greenville Avenue                                              $452,317            $16    6.950%   6/23/98     
  274     WF    Taco Bell/Scottsdale                                                $416,574            $87    7.480%   5/21/98     

                TOTAL/WEIGHTED AVERAGE                                          $968,511,922                   7.067%               
</TABLE>


<TABLE>
<CAPTION>

- ---------------------------------------------------------------------------------------------------------------------------------
                                                                     TERM TO    REM. TERM             SCHEDULED
                                                                     MATURITY  TO MATURITY   AMORT.   BALANCE AT
 LOAN                                                MATURITY DATE    OR ARD      OR ARD     TERM      MATURITY    BALLOON  SECURITY
  NO.   SELLER(1)            PROPERTY NAME(2)          OR ARD(5)      (MOS)       (MOS)     (MOS)(6)    OR ARD     LTV(4)     TYPE
- ---------------------------------------------------------------------------------------------------------------------------------
<S>                                                    <C>           <C>          <C>      <C>       <C>          <C>      <C>      
  241     WF    Evergreen Garden Apts.                  9/1/08        120         115       300        $792,143   41.7%       Fee
  242     WF    Albermarle Center                       8/1/08        120         114       300        $811,179   36.9%       Fee
  243     WF    The Village at Weber Ranch              6/1/08        120         112       300        $803,824   45.8%       Fee
  244     MS    U-Stor George Washington                9/1/08        120         115       240        $684,592   33.4%       Fee
  245     WF    1410 W. 10th Pl.                        7/1/08        120         113       240        $682,306   50.5%       Fee
  246     WF    Memorial Hills Townhomes                7/1/18        240         233       240              $2    0.0%       Fee
  247     WF    Espalier Square                         9/1/13        180         175       180              $0    0.0%       Fee
  248     WF    Mission Plaza                           7/1/08        120         113       360        $835,684   37.1%       Fee
  249     WF    Huebner Road Office Buildings           8/1/08        120         114       120              $0    0.0%       Fee
  250     WF    Kickapoo Plaza Shopping Center          6/1/08        120         112       300        $779,102   58.4%       Fee
  251     WF    Cascade Optical Buildings               7/1/18        240         233       240              $0    0.0%       Fee
  252     WF    The 3700 Building                       8/1/08        120         114       300        $743,856   53.1%       Fee
  253     WF    Daisy IV Apartments                     6/1/08        120         112       360        $791,237   68.8%       Fee
  254     WF    2201 Sturgis                           10/1/18        240         236       240              $0    0.0%       Fee
  255     WF    Petal Street                            7/1/08        120         113       360        $767,116   29.5%       Fee
  256     WF    Thrifty Payless, Laguna Niguel (IV)     2/1/08        120         108       300        $363,768   24.5%       Fee
  257     WF    Thrifty Payless, Bellflower (IV)        2/1/08        120         108       300        $363,768   24.5%       Fee
  258     WF    Jam Pharmaceutical                      6/1/08        120         112       240        $616,070   44.0%       Fee
  259     WF    Sonora Court                            7/1/18        240         233       240         $30,258    0.9%       Fee
  260     WF    Parkway Square                          7/1/08        120         113       360        $694,260   17.0%       Fee
  261     WF    Glenbrook Place Apartments             10/1/03         60          56       180        $593,529   30.8%       Fee
  262     WF    4625 West Jennifer Avenue               7/1/08        120         113       300        $610,693   61.1%       Fee
  263     WF    Commercial Building West Lake Village   9/1/13        180         175       180              $0    0.0%       Fee
  264     WF    South Park Apartments                   7/1/08        120         113       360        $642,108   60.3%       Fee
  265     WF    Reseda Mobile Homes                     8/1/13        180         174       180              $0    0.0%       Fee
  266     WF    Murphy Avenue                           7/1/08        120         113       300        $578,175   48.2%       Fee
  267     WF    10925 Kinross Avenue                    6/1/08        120         112       300        $554,488   21.0%       Fee
  268     WF    4 Wrigley Street                        8/1/08        120         114       300        $510,852   44.4%       Fee
  269     WF    9 Marconi Street                        7/1/08        120         113       300        $506,892   45.3%       Fee
  270     WF    Westridge Commerce Center               9/1/08        120         115       300        $408,423   22.7%       Fee
  271     WF    Centennial Green                        7/1/08        120         113       360        $411,414   42.9%       Fee
  272     WF    Bowser Tech                             7/1/08        120         113       360        $402,842   19.9%       Fee
  273     WF    1720 Greenville Avenue                  7/1/08        120         113       360        $389,986   28.9%       Fee
  274     WF    Taco Bell/Scottsdale                    7/1/05         84          77       300        $367,191   42.7%       Fee

                TOTAL/WEIGHTED AVERAGE                                128         122       306                   49.7%
</TABLE>

                                      II-6
<PAGE>   9
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
 LOAN                                                                                                                               
  NO.  PROPERTY NAME(2)                                  ADDRESS                                                    CITY            
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                      <C>                                                                        
  1    Golf Mill Shopping Center                         239 Golf Mill Center                                       Niles           
  2    Silvertree Hotel and Wildwood Lodge               40-100 Elbert Lane                                         Snowmass Village
  3    Mission Valley Hilton Hotel (A)                   901 Camino Del Rio South                                   San Diego       
  4    Hanalei Hotel (A)                                 2270 Hotel Circle North                                    San Diego       
  5    Galleria Palms Apartments                         1600 West La Jolla Drive                                   Tempe           
  6    55 Hawthorne & 631 Howard                         55 Hawthorne Street & 631 Howard Street                    San Francisco   
  7    Dunwoody Club Apartments                          7700 Colquitt Road                                         Atlanta         
  8    Grapevine Town Shopping Center                    1217 State Highway 114 West                                Grapevine       
  9    Ward - Bel Air Professional Ctr (I)               2012 Tollgate Road                                         Bel Air         
 10    Ward - Bel Air Retail (I)                         16 Bel Air South Parkway                                   Bel Air         
 11    Ward - Bright Oaks Office (I)                     2021 Emmorton Road                                         Bel Air         
 12    Ward - Blue Spruce (I)                            2 Bel Air South Parkway                                    Bel Air         
 13    Ward - Hayes/Thomas Office (I)                    112 Hayes St/209 Thomas St                                 Bel Air         
 14    Central Park Apartments                           1750 Stokes Street                                         San Jose        
 15    Boca Industrial (B)                               3100 N.W. Boca Raton Boulevard                             Boca Raton      
 16    South Congress Industrial (B)                     1101-1141 Holland Drive                                    Boca Raton      
 17    North Los Altos Shopping Center                   2210-2244 & 2280-2290 Bellflower Blvd.                     Long Beach      
 18    International Residence-Austin (IRA)              9815 Copper Creek                                          Austin          
 19    Crossway Commons Shopping Center                  1589/91/93 Crossway Blvd.                                  Chesapeake      
 20    La Veta Grand Apartments                          401 W. La Veta Ave                                         Orange          
 21    1 Lombard St. & 150 Greenwich St.                 1 Lombard St. & 150 Greenwich St.                          San Francisco   
 22    Vintage Court Hotel                               650 Bush Street                                            San Francisco   
 23    Wimberly Park                                     800 Link Drive and Jellison Blvd.                          Duncanville     
 24    Federal Express Building                          2000 San Fernando Road                                     Los Angeles     
 25    Merrimac Plaza Shopping Center                    180 Haverhill Street                                       Methuen         
 26    Stockton Center                                   1880 E. Hammer Lane                                        Stockton        
 27    International Residence San Antonio               8702 - 8722 Cinnamon Creek Drive                           San Antonio     
 28    Corporate Drive, Sugarland, TX                    SWC Corporate Drive and Executive Drive                    Sugar Land      
 29    Weatherly Walk                                    100 Knight Way                                             Fayetteville    
 30    Office Depot - Long Beach, CA                     3500 East Willow Street                                    Long Beach      
 31    Hurst Harbor Marina                               16045 Marina Point                                         Austin          
 32    Casady Square Shopping Center                     9207 N Pennsylvania Ave                                    Oklahoma City   
 33    Commonwealth Building                             421 S.W. Sixth Street                                      Portland        
 34    Coyote Creek Mobile Home Park                     2580 Senter Road                                           San Jose        
 35    Mountainview Marketplace Shopping Center          3131 East Thunderbird Road                                 Phoenix         
 36    Hurley's Children & Family Medical Ctr.           1085 & 1125 South Linden Road                              Flint           
 37    Druid Pointe Office Building                      2751 Buford Highway                                        Atlanta         
 38    Nohl Plaza Shopping Center                        1440 - 1628 E. Lincoln Ave., 2634 - 2756 N. Tustin         Orange          
 39    Monterey Park II Apts.                            5200 West Pioneer Avenue                                   Las Vegas       
 40    Spring Hill Market Place                          142-212 South Western Avenue                               Carpentersville 
 41    Hampton Inn Hotel                                 3908 West Braker Lane                                      Austin          
 42    Crestview Apartments                              270 Littleton                                              West Lafayette  
 43    Fiesta Shopping Center                            5334 Ross Ave.                                             Dallas          
 44    Sierra Crest Shopping Center                      3800-3870 La Sierra Avenue                                 Riverside       
 45    Casa Del Rey Apartments                           526 East Barstow Avenue                                    Fresno          
 46    Alameda Business Centre                           2501 - 3187 S. Alameda Street & 1791-1837 MLK Blvd         Los Angeles     
 47    58 Charles Street Office Building                 58 Charles Street                                          Cambridge       
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
 LOAN                                                                   PROPERTY          PROPERTY                       YEAR BUILT/
  NO.  PROPERTY NAME(2)                                STATE  ZIP CODE    TYPE            SUB-TYPE          UNITS/NSF   RENOVATED(7)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                            <C>                                               <C>         <C> 
  1    Golf Mill Shopping Center                         IL    60714       Retail         Regional Mall          750,682     1998
  2    Silvertree Hotel and Wildwood Lodge               CO    81615    Hospitality          Resort                  410     1992
  3    Mission Valley Hilton Hotel (A)                   CA    92108    Hospitality       Full Service               350     1988
  4    Hanalei Hotel (A)                                 CA    92108    Hospitality       Full Service               416     1997
  5    Galleria Palms Apartments                         AZ    85282    Multifamily          Garden                  568     1997
  6    55 Hawthorne & 631 Howard                         CA    94105       Office             Urban              235,912     1988
  7    Dunwoody Club Apartments                          GA    30350    Multifamily          Garden                  532     1998
  8    Grapevine Town Shopping Center                    TX    76051       Retail           Anchored             186,984     1995
  9    Ward - Bel Air Professional Ctr (I)               MD    21015       Office           Suburban              64,389     1996
 10    Ward - Bel Air Retail (I)                         MD    21015       Retail          Unanchored             26,773     1995
 11    Ward - Bright Oaks Office (I)                     MD    21015       Office           Suburban              39,684     1991
 12    Ward - Blue Spruce (I)                            MD    21015       Retail          Unanchored              6,698     1993
 13    Ward - Hayes/Thomas Office (I)                    MD    21014       Office           Suburban              14,100     1998
 14    Central Park Apartments                           CA    95126    Multifamily          Garden                  186     1997
 15    Boca Industrial (B)                               FL    33431     Industrial           Flex                87,670     1998
 16    South Congress Industrial (B)                     FL    33487     Industrial         Warehouse            118,800     1981
 17    North Los Altos Shopping Center                   CA    90815       Retail           Anchored             129,241     1996
 18    International Residence-Austin (IRA)              TX    78729    Multifamily          Garden                  510     1996
 19    Crossway Commons Shopping Center                  VA    23320       Retail           Anchored             152,686     1997
 20    La Veta Grand Apartments                          CA    92866    Multifamily          Garden                  250     1995
 21    1 Lombard St. & 150 Greenwich St.                 CA    94111       Office           Suburban             119,955     1994
 22    Vintage Court Hotel                               CA    94108    Hospitality       Full Service               107     1982
 23    Wimberly Park                                     TX    75116    Multifamily          Garden                  440     1981
 24    Federal Express Building                          CA    90039     Industrial         Warehouse            119,381     1998
 25    Merrimac Plaza Shopping Center                    MA    01844       Retail           Anchored             114,964     1984
 26    Stockton Center                                   CA    95210       Retail           Anchored             152,919     1998
 27    International Residence San Antonio               TX    78240    Multifamily          Garden                  348     1985
 28    Corporate Drive, Sugarland, TX                    TX    77478     Industrial         Warehouse            143,175     1998
 29    Weatherly Walk                                    GA    30214    Multifamily          Garden                  194     1988
 30    Office Depot - Long Beach, CA                     CA    90815     Industrial         Warehouse            187,500     1997
 31    Hurst Harbor Marina                               TX    78734       Other             Marina                  514     1994
 32    Casady Square Shopping Center                     OK    73120       Retail           Anchored             200,999     1997
 33    Commonwealth Building                             OR    97204       Office             Urban              192,551     1995
 34    Coyote Creek Mobile Home Park                     CA    95101  Mobile Home Park  Mobile Home Park             183     1973
 35    Mountainview Marketplace Shopping Center          AZ    85032       Retail           Anchored             123,184     1988
 36    Hurley's Children & Family Medical Ctr.           MI    48532       Office           Suburban              62,942     1994
 37    Druid Pointe Office Building                      GA    30324       Office           Suburban             100,511     1996
 38    Nohl Plaza Shopping Center                        CA    92865       Retail           Anchored             102,961     1989
 39    Monterey Park II Apts.                            NV    89102    Multifamily          Garden                  136     1988
 40    Spring Hill Market Place                          IL    60110       Retail           Anchored             108,416     1989
 41    Hampton Inn Hotel                                 TX    78759    Hospitality      Limited Service             124     1996
 42    Crestview Apartments                              IN    47906    Multifamily          Garden                  217     1997
 43    Fiesta Shopping Center                            TX    75206       Retail           Anchored              92,641     1996
 44    Sierra Crest Shopping Center                      CA    92505       Retail           Anchored              94,734     1979
 45    Casa Del Rey Apartments                           CA    93710    Multifamily          Garden                  244     1972
 46    Alameda Business Centre                           CA    90058     Industrial           Light              509,301     1978
 47    58 Charles Street Office Building                 MA    02141       Office             Urban               47,793     1987
</TABLE>


                                      II-7
<PAGE>   10
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY INFORMATION




<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
 LOAN                                                                                                                               
  No.  Property Name(2)                                  Address                                                    City            
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                      <C>                                                                        

 48    Syosset Plaza Shopping Center                     603-641 Jericho Turnpike                                   Syosset         
 49    Silver Creek Shopping Center                      Capitol Expressway and Silver Creek Road                   San Jose        
 50    Martin Woodworking                                7757 Saint Andrews Avenue                                  San Diego       
 51    Park Bank Office Building                         2810 Crossroads Drive                                      Madison         
 52    Consolidated Technology Warehouse (II)            815 Reasor Road                                            Charleston      
 53    Consolidated Technology Industrial Building (II)  400 West Delaware                                          Casey           
 54    1155 Jones Street                                 1155 Jones Street                                          San Francisco   
 55    Kramer - 6 Arcata Apartments (III)                599 Ridge Rd                                               Arcata          
 56    Kramer - Eureka Apartments (III)                  2520-2590 Hubbard Lane                                     Eureka          
 57    Kramer - Fields Landing (III)                     6682 Second Ave/363 Railroad Ave                           Fields Landing  
 58    Vista Oaks Apartment                              3883 Vista Oaks Drive                                      Martinez        
 59    Nash Finch Distribution Warehouse                 3601 Washington Boulevard                                  Baltimore       
 60    Syracuse Center - Phase I                         SEC of 1000 West St & 1700 South St.                       Syracuse        
 61    Amador II Building                                4480 Willow Road                                           Pleasanton      
 62    Catalina Apartments                               3912 & 3930 Laurel Canyon Blvd.                            Studio City     
 63    4670 Willow Road                                  4670 Willow Road                                           Pleasanton      
 64    Hamilton House Apartments                         200 & 250 Chatham Way                                      Mayfield Heights
 65    Sacramento Place Apartments                       4337 Norwood Avenue                                        Sacramento      
 66    Zycon R&D Building                                425 El Camino Real                                         Santa Clara     
 67    Rudolph-Hendrickson Senior Apartments             6618 Amethyst Street                                       Rancho Cucamonga
 68    Holborn Village Apartments                        2802-2999 Holborn Circle                                   Madison         
 69    100 E. Tujunga                                    100 E. Tujunga                                             Burbank         
 70    Rancho Anita Industrial Park                      753-775 Anita Street & 1616 Industrial Boulevard           Chula Vista     
 71    Beverly Hills Tower Apartments (C)                125 North Doheny Drive                                     Los Angeles     
 72    Beverly Hills Regency Apartments (C)              135 North Doheny Drive                                     Los Angeles     
 73    Chico Town & Country Shopping Ctr.                110-236 W. East Avenue                                     Chico           
 74    Windsor Court Apartments                          900-1000 West Zeering Road                                 Turlock         
 75    Pathmark Super Center-Wilmington, DE              3901 Lancaster Pike                                        Wilmington      
 76    New Villa Valencia Mobile Home Park               14092 Browning Ave.                                        Tustin          
 77    Veterans Plaza Shopping Center                    1 Kent Road                                                New Milford     
 78    150 Sylvan Avenue Shopping Center                 150 Sylvan Avenue                                          Englewood Cliffs
 79    Reynolds Industries Bldg                          5005 McConnell Ave                                         Los Angeles     
 80    Strada Da Valle Office Building                   2300-2500 East Valley Rd                                   Renton          
 81    Conrad Villas Apts.                               3917-25 Conrad Drive                                       Spring Valley   
 82    Ocean Business Park                               1945 Placentia Avenue                                      Costa Mesa      
 83    Westwood Village Shopping Center                  2600 West 4700 South                                       Taylorsville Cit
 84    Enclave Apartments                                7917 Selma Ave.                                            Los Angeles     
 85    Westside Shopping Center                          2000-2010 Harrison Ave. N.W.                               Olympia         
 86    Riverside Country Club Mobile Home Park           9391 California Avenue                                     Riverside       
 87    3030 Bridgeway Boulevard                          3030 Bridgeway Boulevard                                   Sausalito       
 88    Food 4 Less                                       3434 Manthey Road                                          Stockton        
 89    Suburban Lodge Hotel                              106 Woodpark Boulevard                                     Woodstock       
 90    Pathmark Super Center-Upper Darby, PA             421 South 69th Street                                      Upper Darby     
 91    The Ladco Building                                7900 Washington Avenue                                     Houston         
 92    Hickory Plaza                                     10801 & 10805 Hickory Ridge Road                           Columbia        
 93    College Way Marketplace                           1808 Market Street                                         Mount Vernon    
 94    Grove Business Joint Venture                      777-797 Grove Road                                         Richardson      
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
 LOAN                                                                    PROPERTY             PROPERTY                   YEAR BUILT/
  No.  Property Name(2)                                State  Zip Code     Type               Sub-Type       Units/NSF  Renovated(7)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                     <C>    <C>     <C>                <C>                    <C>            <C>

 48    Syosset Plaza Shopping Center                     NY    11791        Retail             Unanchored         31,278        1989
 49    Silver Creek Shopping Center                      CA    95111        Retail             Unanchored         63,365        1990
 50    Martin Woodworking                                CA    92173      Industrial            Warehouse        200,800        1998
 51    Park Bank Office Building                         WI    53707        Office              Suburban          66,201        1997
 52    Consolidated Technology Warehouse (II)            IL    46041      Industrial            Warehouse        259,205        1981
 53    Consolidated Technology Industrial Building (II)  IL    62420      Industrial              Light          187,874        1996
 54    1155 Jones Street                                 CA    94114     Multifamily            High-Rise             60        1924
 55    Kramer - 6 Arcata Apartments (III)                CA    95521     Multifamily             Garden              159        1986
 56    Kramer - Eureka Apartments (III)                  CA    95503     Multifamily             Garden               49        1994
 57    Kramer - Fields Landing (III)                     CA    95537     Multifamily             Garden               11        1997
 58    Vista Oaks Apartment                              CA    94553     Multifamily             Garden              108        1988
 59    Nash Finch Distribution Warehouse                 MD    21227      Industrial            Warehouse        380,432        1941
 60    Syracuse Center - Phase I                         UT    84075        Retail              Anchored          77,600        1997
 61    Amador II Building                                CA    94566      Industrial              Flex            63,934        1984
 62    Catalina Apartments                               CA    91604     Multifamily             Garden               99        1989
 63    4670 Willow Road                                  CA    94588        Office               Garden           46,130        1997
 64    Hamilton House Apartments                         OH    44124     Multifamily             Garden              399        1969
 65    Sacramento Place Apartments                       CA    95838     Multifamily             Garden              195        1987
 66    Zycon R&D Building                                CA    95050        Other                Mixed                        
                                                                                           (Office/Industrial)    59,000        1996
 67    Rudolph-Hendrickson Senior Apartments             CA    91737     Multifamily         Senior Housing          168        1987
 68    Holborn Village Apartments                        WI    53718     Multifamily             Garden               87        1994
 69    100 E. Tujunga                                    CA    91502        Office              Suburban          46,545        1991
 70    Rancho Anita Industrial Park                      CA    91911      Industrial              Light          137,745        1982
 71    Beverly Hills Tower Apartments (C)                CA    90048     Multifamily            Low-Rise              35        1996
 72    Beverly Hills Regency Apartments (C)              CA    90048     Multifamily            Low-Rise              16        1988
 73    Chico Town & Country Shopping Ctr.                CA    95926        Retail             Unanchored         84,630        1988
 74    Windsor Court Apartments                          CA    95382     Multifamily             Garden              193        1997
 75    Pathmark Super Center-Wilmington, DE              DE    19805        Retail              Anchored          49,200        1988
 76    New Villa Valencia Mobile Home Park               CA    92680   Mobile Home Park     Mobile Home Park         148        1994
 77    Veterans Plaza Shopping Center                    CT    06776        Retail              Anchored          72,209        1965
 78    150 Sylvan Avenue Shopping Center                 NJ    07632        Retail              Anchored          42,200        1986
 79    Reynolds Industries Bldg                          CA    90066      Industrial              Flex            56,300        1992
 80    Strada Da Valle Office Building                   WA    98055        Office              Suburban          53,736        1989
 81    Conrad Villas Apts.                               CA    91977     Multifamily             Garden              112        1997
 82    Ocean Business Park                               CA    92627      Industrial            Warehouse         94,448        1990
 83    Westwood Village Shopping Center                  UT    84118        Retail              Anchored          80,909        1992
 84    Enclave Apartments                                CA    90046     Multifamily             Garden               75        1986
 85    Westside Shopping Center                          WA    98502        Retail              Anchored          62,038        1992
 86    Riverside Country Club Mobile Home Park           CA    92503   Mobile Home Park     Mobile Home Park         137        1995
 87    3030 Bridgeway Boulevard                          CA    94965        Office              Suburban          26,734        1970
 88    Food 4 Less                                       CA    95206        Retail               Big Box          50,039        1998
 89    Suburban Lodge Hotel                              GA    30188     Hospitality          Extended Stay          138        1997
 90    Pathmark Super Center-Upper Darby, PA             PA    19082        Retail              Anchored          52,900        1988
 91    The Ladco Building                                TX    77007      Industrial            Warehouse         76,600        1997
 92    Hickory Plaza                                     MD    21044        Other         Mixed (Retail/Office)   45,666        1988
 93    College Way Marketplace                           WA    98273        Retail              Anchored          50,675        1998
 94    Grove Business Joint Venture                      TX    75081      Industrial              Light          123,364        1983
</TABLE>


                                      II-8
<PAGE>   11
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY INFORMATION

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
  Loan                                                                                                                             
   No.   Property Name(2)                                Address                                                   City            
- -----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>                                                       <C>             
   95    Edison Way Industrial Center                    3475-3517 Edison Way                                      Menlo Park      
   96    Pacific Terrace Apartments                      15000 Pacific Street                                      Midway City     
   97    4700-4800 SW 51 St Warehouse                    4700-4800 SW 51 Street                                    Davie           
   98    Brookside Villas Apartments                     1850 Idlewild Drive                                       Reno            
   99    Castaic Apartments                              31657 Ridge Route Road                                    Castaic         
  100    La Habra Hills                                  841 W. La Habra Blvd.                                     La Habra        
  101    5251 - 5271 East 2nd St.                        5251 - 5271 East 2nd St.                                  Long Beach      
  102    Montgomery Business Park                        9922 E. Montgomery St. & 10021 E. Knox Ave.               Spokane         
  103    Atherton Park Apartments                        4545 South Atherton Drive                                 Taylorsville    
  104    Let's Store It II - Brookhurst                  850 N. Brookhurst                                         Anaheim         
  105    Torrance Western Self Storage                   22011 Western Avenue                                      Torrance        
  106    Sierra Gardens                                  16235 - 45 Lakewood Blvd.                                 Bellflower      
  107    Shelter Creek Apartments                        2050 Southwest Expressway                                 San Jose        
  108    Design Row Shopping Center                      7365-7446, 7655-7679 W. Sample Road                       Coral Springs   
  109    Veteran Plaza                                   1508 Veteran Avenue                                       Los Angeles     
  110    Rolling Hills Apartments                        25935 Rolling Hills Road                                  Torrance        
  111    Four Corners Shopping Center                    1701, 1803, 1853, 1955, & 1991 Monument Blvd              Concord         
  112    Rimrock Plaza Shopping Center                   4733 Palm Canyon Drive                                    Palm Springs    
  113    Orchard View Apartments                         3509 South Orchard Street                                 Tacoma          
  114    Secure Self Storage of Old Town                 3865 Rosecrans                                            San Diego       
  115    Waterford Place Condominiums                    393 Oconee Street                                         Athens          
  116    Nimitz Point Apartments                         2401 Seaside Street                                       San Diego       
  117    Physician's Plaza                               2120 Professional Drive                                   Roseville       
  118    Artesia Mobile Home Estates                     19172 South Pioneer Blvd.                                 Artesia         
  119    Del Prado Apartments                            9150-9160 East Florence Avenue                            Downey          
  120    Concord Villas                                  3738 Harrison Street                                      Riverside       
  121    San Mateo Office Complex                        3130 La Selva                                             San Mateo       
  122    Colonial Arms Apartments                        151 Milne Drive                                           Center Township 
  123    Westport Apartments                             1700 Dairy Ave.                                           Corcoran        
  124    Marina Self Storage                             2600 W. Wooley Road                                       Oxnard          
  125    Americana Palos Verdes Apartments               4060 Palos Verdes Road                                    Las Vegas       
  126    Grand York Shopping Center                      1815 York & Ridgely Road                                  Timonium        
  127    Brooktree Estates Apartments                    13535 Valerio Street                                      Los Angeles     
  128    Daily California Building                       1000, 1044 Pioneer Way & 500, 550 Fesler Street           El Cajon        
  129    The Regent-Chicago                              1751 International Parkway                                Richardson      
  130    Lyons Shopping Center                           180-190 E. Walton Street                                  Chicago         
  131    Renaissance Tech                                23640 Lyons Avenue                                        Santa Clarita   
  132    Columbian Steel Tank Co.                        5400 Kansas Avenue                                        Kansas City     
  133    Barbur Place Center                             9202-9220 SW Barbur Boulevard                             Portland        
  134    Samoan Sea Apartments                           661 N. Harbor Boulevard                                   San Pedro       
  135    4759 51 Street Warehouse                        4759 SW 51 Street                                         Davie           
  136    20650 Prairie                                   20650 Prairie Street                                      Chatsworth      
  137    Sierra West Business Park                       11702-34 Enterprise Drive                                 Auburn          
  138    PetsMart-Sand City                              2020 California Avenue                                    Sand City       
  139    Mesa Breeze Apartments                          867 W. 19th Street                                        Costa Mesa      
  140    Palm Garden Apartments                          954-958 Palm Ave. and 975 Hancock Ave.                    West Hollywood  
  141    Harvard Apartments                              330 S. Harvard Boulevard                                  Los Angeles     
</TABLE>




<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------
  Loan                                                                           Property                Property       
   No.   Property Name(2)                                State   Zip Code          Type                  Sub-Type       
- ------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>    <C>          <C>                  <C>                   
   95    Edison Way Industrial Center                    CA     94025           Industrial                 Flex         
   96    Pacific Terrace Apartments                      CA     92655          Multifamily                Garden        
   97    4700-4800 SW 51 St Warehouse                    FL     33314           Industrial              Warehouse       
   98    Brookside Villas Apartments                     NV     89509          Multifamily                Garden        
   99    Castaic Apartments                              CA     91384          Multifamily                Garden        
  100    La Habra Hills                                  CA     90631          Multifamily                Garden        
  101    5251 - 5271 East 2nd St.                        CA     90803             Retail                Unanchored      
  102    Montgomery Business Park                        WA     99206           Industrial                 Flex         
  103    Atherton Park Apartments                        UT     84123          Multifamily                Garden        
  104    Let's Store It II - Brookhurst                  CA     92801          Self Storage            Self Storage     
  105    Torrance Western Self Storage                   CA     90501          Self Storage            Self Storage     
  106    Sierra Gardens                                  CA     90706          Multifamily                Garden        
  107    Shelter Creek Apartments                        CA     95126          Multifamily                Garden        
  108    Design Row Shopping Center                      FL     33065             Retail                Unanchored      
  109    Veteran Plaza                                   CA     90024          Multifamily                Garden        
  110    Rolling Hills Apartments                        CA     90505          Multifamily                Garden        
  111    Four Corners Shopping Center                    CA     94520             Retail                Unanchored      
  112    Rimrock Plaza Shopping Center                   CA     92264             Retail                 Anchored       
  113    Orchard View Apartments                         WA     98466          Multifamily                Garden        
  114    Secure Self Storage of Old Town                 CA     92110          Self Storage            Self Storage     
  115    Waterford Place Condominiums                    GA     30601          Multifamily                Garden        
  116    Nimitz Point Apartments                         CA     92107          Multifamily                Garden        
  117    Physician's Plaza                               CA     95661             Office                 Suburban       
  118    Artesia Mobile Home Estates                     CA     90701        Mobile Home Park        Mobile Home Park   
  119    Del Prado Apartments                            CA     90240          Multifamily                Garden        
  120    Concord Villas                                  CA     92503          Multifamily                Garden        
  121    San Mateo Office Complex                        CA     94403             Office                 Suburban       
  122    Colonial Arms Apartments                        PA     15061          Multifamily                Garden        
  123    Westport Apartments                             CA     93212          Multifamily                Garden        
  124    Marina Self Storage                             CA     93035          Self Storage            Self Storage     
  125    Americana Palos Verdes Apartments               NV     89119          Multifamily                Garden        
  126    Grand York Shopping Center                      MD     21098             Retail                 Anchored       
  127    Brooktree Estates Apartments                    CA     90405          Multifamily                Garden        
  128    Daily California Building                       CA     92020           Industrial                 Flex         
  129    The Regent-Chicago                              TX     75081           Industrial                 Flex         
  130    Lyons Shopping Center                           IL     60611             Retail                Unanchored      
  131    Renaissance Tech                                CA     91321             Retail                 Anchored       
  132    Columbian Steel Tank Co.                        KS     66106           Industrial                 Bulk         
  133    Barbur Place Center                             OR     97219             Other           Mixed (Retail/Office) 
  134    Samoan Sea Apartments                           CA     90731          Multifamily                Garden        
  135    4759 51 Street Warehouse                        FL     33314           Industrial              Warehouse       
  136    20650 Prairie                                   CA     91311           Industrial              Warehouse       
  137    Sierra West Business Park                       CA     95603             Office                 Suburban       
  138    PetsMart-Sand City                              CA     93955             Retail                 Anchored       
  139    Mesa Breeze Apartments                          CA     92627          Multifamily                Garden        
  140    Palm Garden Apartments                          CA     90069          Multifamily                Garden        
  141    Harvard Apartments                              CA     90020          Multifamily                Garden        
</TABLE>



<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------
  Loan                                                                 Year Built/
   No.   Property Name(2)                                Units/NSF     Renovated(7)
- ------------------------------------------------------------------------------------
<S>      <C>                                             <C>           <C> 
   95    Edison Way Industrial Center                         84,539      1985
   96    Pacific Terrace Apartments                               98      1976
   97    4700-4800 SW 51 St Warehouse                         89,396      1988
   98    Brookside Villas Apartments                             113      1997
   99    Castaic Apartments                                       84      1990
  100    La Habra Hills                                          137      1997
  101    5251 - 5271 East 2nd St.                             13,688      1988
  102    Montgomery Business Park                            118,128      1996
  103    Atherton Park Apartments                                144      1997
  104    Let's Store It II - Brookhurst                       99,741      1978
  105    Torrance Western Self Storage                        87,925      1986
  106    Sierra Gardens                                           96      1997
  107    Shelter Creek Apartments                                124      1996
  108    Design Row Shopping Center                           30,931      1997
  109    Veteran Plaza                                            27      1990
  110    Rolling Hills Apartments                                107      1970
  111    Four Corners Shopping Center                         35,921      1993
  112    Rimrock Plaza Shopping Center                        84,182      1981
  113    Orchard View Apartments                                 120      1980
  114    Secure Self Storage of Old Town                      56,585      1994
  115    Waterford Place Condominiums                             36      1992
  116    Nimitz Point Apartments                                  64      1995
  117    Physician's Plaza                                    20,458      1990
  118    Artesia Mobile Home Estates                              95      1984
  119    Del Prado Apartments                                     56      1969
  120    Concord Villas                                           70      1988
  121    San Mateo Office Complex                             34,417      1980
  122    Colonial Arms Apartments                                120      1998
  123    Westport Apartments                                     190      1987
  124    Marina Self Storage                                  56,771      1990
  125    Americana Palos Verdes Apartments                       102      1997
  126    Grand York Shopping Center                           58,902      1973
  127    Brooktree Estates Apartments                            120      1996
  128    Daily California Building                            79,404      1998
  129    The Regent-Chicago                                   81,231      1984
  130    Lyons Shopping Center                                 9,000      1997
  131    Renaissance Tech                                     23,125      1991
  132    Columbian Steel Tank Co.                            155,500      1958
  133    Barbur Place Center                                  30,324      1988
  134    Samoan Sea Apartments                                   151      1997
  135    4759 51 Street Warehouse                             72,000      1987
  136    20650 Prairie                                       102,534      1981
  137    Sierra West Business Park                            35,628      1987
  138    PetsMart-Sand City                                   22,809      1997
  139    Mesa Breeze Apartments                                   62      1985
  140    Palm Garden Apartments                                   52      1969
  141    Harvard Apartments                                       43      1990
</TABLE>

                                      II-9
<PAGE>   12
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY INFORMATION

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
  Loan                                                                                                                             
   No.   Property Name(1)                                Address                                                   City            
- -----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>                                                       <C>             
  142    Safeworks Warehouse                             365 Upland Drive                                          Tukwila         
  143    Garden Brook Apartments                         3950 SW 102nd Avenue                                      Beaverton       
  144    Lynmarie Apartments                             11570 SW Center Street                                    Beaverton       
  145    Storey Plastics Building                        3333 West Pacific Avenue                                  Burbank         
  146    Casa de Jerado                                  7500-7598 Orchard St.                                     Riverside       
  147    Palm Central South                              6655 Palm Avenue                                          Riverside       
  148    Barnes - 380 Tennant Ave (D)                    380 Tennant Avenue                                        Morgan Hill     
  149    Barnes - 6550 Brem Lane (D)                     6550 Brem Lane                                            Gilroy          
  150    Barnes - Santa Cruz (D)                         335 North Santa Cruz Ave                                  Los Gatos       
  151    Arctic Business Park III                        500-521 West 41st Street                                  Anchorage       
  152    Savannah Gardens Apartments                     1906 Savannah Way                                         Cincinnati      
  153    Markison Vista                                  10410-10430 Vista Park Road and 10510-10515 
                                                          Markison Road                                            Garland         
  154    London Press Building                           24811 Avenue Rockefeller                                  Valencia        
  155    Canal Park Apartments                           2410 - 2490 Canal Street                                  Boise           
  156    Hayvenhurst Airport Business Park               7625 Hayvenhurst Avenue                                   Van Nuys        
  157    Bashas' Shopping Center                         170 Yavapai Street                                        Wickenburg      
  158    15th & 16th Street Warehouse                    3685 NW 15th Street and 3698 NW 16th Street               Lauderhill      
  159    Raintree Apartments                             100 David Lane                                            Muskogee        
  160    Lindys Town Lake Apartments                     2215 Town Lake Circle                                     Austin          
  161    Discount Mini Storage North                     4105 W. Hillsborough Ave.                                 Tampa           
  162    1207-15 Pearl Street Mall                       1207-1215 Pearl Street                                    Boulder         
  163    Midway Park North                               15900-15960 Midway Road                                   Addison         
  164    Winchester House Apartments                     5960 NW 38th Street                                       Virgnia Gardens 
  165    740 W. Knox                                     740 W. Knox                                               Tempe           
  166    Normandie Apartments                            8610 McCullough Avenue                                    San Antonio     
  167    Oakmont Shopping Center                         19940 - 19990 Homestead Rd.                               Cupertino       
  168    Coral Place Pilgrim Building Shopping Center    10150-10200 W. Sample Rd.                                 Coral Springs   
  169    1730 I Street                                   1730 I Street                                             Sacramento      
  170    Western Digital Building                        5101 Lafayette Street                                     Santa Clara     
  171    Casa Alegre Apartments                          13020 Doty Avenue                                         Hawthorne       
  172    Rodeo Plaza                                     2825 - 2829 South Rodeo Gulch Road                        Soquel          
  173    Casa Del Sol North (E)                          13931 Chadron Avenue                                      Hawthorne       
  174    Casa Del Sol South (E)                          14037 Chadron Avenue                                      Hawthorne       
  175    Staples-Southington                             33 Spring Street                                          Southington     
  176    55 th & Wadsworth Retail Center                 5545 Wadsworth Blvd                                       Arvada          
  177    OMA Building                                    1125 West 190th Street                                    Gardena         
  178    Cleator Corp Buildings                          8745 Production Avenue                                    San Diego       
  179    Hidden Village Apartments                       8605 N. 59th Avenue                                       Phoenix         
  180    Arctic Business Park II                         4011 Arctic Boulevard                                     Anchorage       
  181    Eckerd Drug Store No. 816R                      1101 North Beach Street                                   Fort Worth      
  182    Willow Glen Mobile Home Park                    225 North Akers Road                                      Visalia         
  183    940 E. Diehl Road                               940 E. Diehl                                              Naperville      
  184    Gateway Office Center                           155 South 300 West                                        Salt Lake City  
  185    Laguna Hills Property                           22921-41 Triton Way                                       Laguna Hills    
  186    Rancho Dominguez                                18420 Santa Fe Avenue                                     Compton         
  187    The Hampton Apartments                          7545 Hampton Avenue                                       West Hollywood  
  188    Redwood Self Storage                            425 Houser Street                                         Cotati          
</TABLE>



<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
  Loan                                                                           Property                Property            
   No.   Property Name(1)                                State   Zip Code          Type                  Sub-Type            
- -----------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>    <C>          <C>                  <C>                        
  142    Safeworks Warehouse                             WA     98188           Industrial              Warehouse            
  143    Garden Brook Apartments                         OR     97005          Multifamily                Garden             
  144    Lynmarie Apartments                             OR     97005          Multifamily                Garden             
  145    Storey Plastics Building                        CA     91505           Industrial              Warehouse            
  146    Casa de Jerado                                  CA     92506          Multifamily                Garden             
  147    Palm Central South                              CA     92506          Multifamily                Garden             
  148    Barnes - 380 Tennant Ave (D)                    CA     95037           Industrial                 Flex              
  149    Barnes - 6550 Brem Lane (D)                     CA     95020           Industrial                Light              
  150    Barnes - Santa Cruz (D)                         CA     95030             Office                 Suburban            
  151    Arctic Business Park III                        AK     99503           Industrial                Light              
  152    Savannah Gardens Apartments                     OH     45224          Multifamily                Garden             
  153    Markison Vista                                  
                                                         TX     75041           Industrial                Light              
  154    London Press Building                           CA     91355           Industrial              Warehouse            
  155    Canal Park Apartments                           ID     83705          Multifamily                Garden             
  156    Hayvenhurst Airport Business Park               CA     91406           Industrial                Light              
  157    Bashas' Shopping Center                         AZ     85390             Retail                 Anchored            
  158    15th & 16th Street Warehouse                    FL     33311           Industrial              Warehouse            
  159    Raintree Apartments                             OK     74403          Multifamily                Garden             
  160    Lindys Town Lake Apartments                     TX     78741          Multifamily                Garden             
  161    Discount Mini Storage North                     FL     33614          Self Storage            Self Storage          
  162    1207-15 Pearl Street Mall                       CO     80302             Other           Mixed (Retail/Office)      
  163    Midway Park North                               TX     75006           Industrial                 Flex              
  164    Winchester House Apartments                     FL     33166          Multifamily                Garden             
  165    740 W. Knox                                     AZ     85284           Industrial              Warehouse            
  166    Normandie Apartments                            TX     78216          Multifamily                Garden             
  167    Oakmont Shopping Center                         CA     95014             Retail                Unanchored           
  168    Coral Place Pilgrim Building Shopping Center    FL     33065             Retail                Unanchored           
  169    1730 I Street                                   CA     95814             Office                 Suburban            
  170    Western Digital Building                        CA     95054           Industrial                 Flex              
  171    Casa Alegre Apartments                          CA     90250          Multifamily                Garden             
  172    Rodeo Plaza                                     CA     95073           Industrial                Light              
  173    Casa Del Sol North (E)                          CA     90250          Multifamily                Garden             
  174    Casa Del Sol South (E)                          CA     90250          Multifamily                Garden             
  175    Staples-Southington                             CT     06489             Retail                 Big Box             
  176    55 th & Wadsworth Retail Center                 CO     80002             Retail                Unanchored           
  177    OMA Building                                    CA     90248             Office                 Suburban            
  178    Cleator Corp Buildings                          CA     92121           Industrial              Warehouse            
  179    Hidden Village Apartments                       AZ     85302          Multifamily                Garden             
  180    Arctic Business Park II                         AK     99503           Industrial                 Flex              
  181    Eckerd Drug Store No. 816R                      TX     76111             Retail                 Anchored            
  182    Willow Glen Mobile Home Park                    CA     93291        Mobile Home Park        Mobile Home Park        
  183    940 E. Diehl Road                               IL     60563             Office                 Suburban            
  184    Gateway Office Center                           UT     84101             Office                 Suburban            
  185    Laguna Hills Property                           CA     92653             Office                 Suburban            
  186    Rancho Dominguez                                CA     90221           Industrial              Warehouse            
  187    The Hampton Apartments                          CA     90046          Multifamily                Garden             
  188    Redwood Self Storage                            CA     94931          Self Storage            Self Storage          
</TABLE>



<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------
  Loan                                                                 Year Built/
   No.   Property Name(1)                                Units/NSF     Renovated(7)
- ------------------------------------------------------------------------------------
<S>      <C>                                             <C>           <C>
  142    Safeworks Warehouse                                  54,668      1992
  143    Garden Brook Apartments                                 120      1973
  144    Lynmarie Apartments                                     170      1997
  145    Storey Plastics Building                             40,250      1986
  146    Casa de Jerado                                          120      1968
  147    Palm Central South                                      114      1971
  148    Barnes - 380 Tennant Ave (D)                         19,939      1982
  149    Barnes - 6550 Brem Lane (D)                          15,800      1980
  150    Barnes - Santa Cruz (D)                               2,500      1984
  151    Arctic Business Park III                             46,715      1997
  152    Savannah Gardens Apartments                             120      1973
  153    Markison Vista                                  
                                                              86,481      1987
  154    London Press Building                                81,850      1989
  155    Canal Park Apartments                                    72      1994
  156    Hayvenhurst Airport Business Park                    49,486      1987
  157    Bashas' Shopping Center                              53,814      1995
  158    15th & 16th Street Warehouse                         52,400      1988
  159    Raintree Apartments                                     144      1984
  160    Lindys Town Lake Apartments                             102      1995
  161    Discount Mini Storage North                          47,918      1990
  162    1207-15 Pearl Street Mall                            13,536      1995
  163    Midway Park North                                    66,568      1984
  164    Winchester House Apartments                              76      1965
  165    740 W. Knox                                          41,415      1997
  166    Normandie Apartments                                    110      1964
  167    Oakmont Shopping Center                              18,241      1969
  168    Coral Place Pilgrim Building Shopping Center         20,719      1975
  169    1730 I Street                                        18,435      1986
  170    Western Digital Building                             24,500      1996
  171    Casa Alegre Apartments                                   76      1973
  172    Rodeo Plaza                                          41,760      1983
  173    Casa Del Sol North (E)                                   40      1970
  174    Casa Del Sol South (E)                                   49      1969
  175    Staples-Southington                                  17,646      1995
  176    55 th & Wadsworth Retail Center                      11,995      1997
  177    OMA Building                                         26,795      1998
  178    Cleator Corp Buildings                               46,820      1976
  179    Hidden Village Apartments                               130      1983
  180    Arctic Business Park II                              39,608      1978
  181    Eckerd Drug Store No. 816R                           13,050      1997
  182    Willow Glen Mobile Home Park                             88      1968
  183    940 E. Diehl Road                                    19,668      1996
  184    Gateway Office Center                                24,764      1995
  185    Laguna Hills Property                                25,984      1982
  186    Rancho Dominguez                                     54,000      1998
  187    The Hampton Apartments                                   42      1963
  188    Redwood Self Storage                                 68,325      1984
</TABLE>

                                     II-10
<PAGE>   13
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY INFORMATION

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
  Loan                                                                                                                             
   No.   Property Name(2)                                Address                                                   City            
- -----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>                                                       <C>             
  189    Hewlett Packard Bldg.                           15890 Bernardo Center Drive                               Rancho Bernardo 
  190    Spenwick Industrial Park                        2550 Spenwick                                             Houston         
  191    Lancaster Medical Office Building               43860 N. 10th Street West                                 Lancaster       
  192    Dorchester Gardens Apartments                   5500 Dorchester Road                                      North Charleston
  193    Safeway-Marlow Center                           1791-1793 Marlow Road                                     Santa Rosa      
  194    Keylock Mini Storage                            4750 62nd Ave. North                                      Pinellas Park   
  195    53rd Court Warehouse                            3560-3570 NW 53 Court                                     Fort Lauderdale 
  196    Stadium Court                                   1717 South State College Blvd.                            Anaheim         
  197    Oakhurst Drive Apartments                       316 North Oakhurst Drive                                  Beverly Hills   
  198    4602 North Avenue                               4602 North Avenue                                         Oceanside       
  199    Cal Plate, Inc. Buildings                       17110 Jersey Avenue                                       Artesia         
  200    McKinley Business Center                        2175 & 2185 Sampson Ave.                                  Corona          
  201    Rite Aid - Cleveland                            3402 Clark Avenue                                         Cleveland       
  202    77 Rumford Avenue Office Building               77 Rumford Avenue                                         Waltham         
  203    Herndon/West Office II (F)                      6770 N. West Avenue                                       Fresno          
  204    Herndon/West Office I (F)                       6760 N. West Avenue                                       Fresno          
  205    Daisy I Apartments                              1780 Placentia Avenue                                     Costa Mesa      
  206    Sunset East Apartments                          4400 N.E. Sunset Blvd.                                    Renton          
  207    Overlook Terrace Apts.                          4820 110th Ave. Court East                                Edgewood        
  208    2275 East Bayshore Road                         2275 East Bayshore Road                                   Palo Alto       
  209    Darant Industrial                               1832 E. 68th Avenue                                       Denver          
  210    354 S. La Fayette Park Place                    354 S. La Fayette Park Place                              Los Angeles     
  211    22322 Gilberto                                  22322 Gilberto                                            Rancho Santa 
                                                                                                                     Margarita     
  212    Parkview                                        1819 Firman Drive                                         Richardson      
  213    Las Olas Shopping Center                        1501 E. Las Olas Blvd.                                    Fort Lauderdale 
  214    1841 Fuller Apartments                          1841 Fuller Avenue                                        Hollywood       
  215    Brighton Avenue Plaza Shopping Center           177-193 Brighton Avenue                                   Boston          
  216    Tiffany Building                                795 Willamette Street                                     Eugene          
  217    Ballinger Trace Apts.                           7610-36 230th Street SW                                   Edmonds         
  218    Freeway Industrial Center                       6250-55 Inez Street                                       Ventura         
  219    Villa Monaco                                    1051 Stearns Avenue                                       La Habra        
  220    Cheyenne Mountain Blockbuster                   1795-1805 Cheyenne Mountain Blvd.                         Colorado Springs
  221    Sunset Hill Apartments                          2804 West 7th Avenue                                      Spokane         
  222    Le Med Apartments                               1200 West 40th Street                                     Austin          
  223    Kerner Automotive Center                        3241 A&B Kerner Blvd.                                     San Rafael      
  224    Bachman Glen Apartments                         2555 Webb Chapel Extension                                Dallas          
  225    Westview Plaza                                  10725 SW Barbur Blvd.                                     Portland        
  226    Fairmont Apartments                             665 Fairmont Avenue                                       Glendale        
  227    Commerce-Executive                              1100-1198 Commerce Drive                                  Richardson      
  228    St. Andrews Apartments                          4201 Linebaugh                                            Tampa           
  229    Dunbar Amored Building                          4208 Alameda Boulevard                                    Vernon          
  230    631 Giguere Court                               631 Giguere Court                                         San Jose        
  231    Woodfront Condominiums                          5411 Columbia                                             Dallas          
  232    Coral Shopping Center                           10260-10322 Sample Road                                   Coral Springs   
  233    Morally Wholesale                               3250 West Harmon Avenue                                   Las Vegas       
  234    Emerald Court Apartments                        1600 Garfield Street                                      Enumclaw        
  235    1500 International Parkway                      1500 International Parkway                                Richardson      
</TABLE>



<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------
  Loan                                                                           Property                Property            
   No.   Property Name(2)                                State   Zip Code          Type                  Sub-Type            
- -----------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>    <C>            <C>              <C>                          
  189    Hewlett Packard Bldg.                           CA     92128           Industrial              Warehouse            
  190    Spenwick Industrial Park                        TX     77055           Industrial              Warehouse            
  191    Lancaster Medical Office Building               CA     93534             Office                 Suburban            
  192    Dorchester Gardens Apartments                   SC     29437          Multifamily                Garden             
  193    Safeway-Marlow Center                           CA     95401             Retail                Unanchored           
  194    Keylock Mini Storage                            FL     33781          Self Storage            Self Storage          
  195    53rd Court Warehouse                            FL     33309           Industrial              Warehouse            
  196    Stadium Court                                   CA     92806             Office                 Suburban            
  197    Oakhurst Drive Apartments                       CA     90210          Multifamily                Garden             
  198    4602 North Avenue                               CA     92056           Industrial              Warehouse            
  199    Cal Plate, Inc. Buildings                       CA     90701           Industrial                 Flex              
  200    McKinley Business Center                        CA     91719           Industrial                Light              
  201    Rite Aid - Cleveland                            OH     44109             Retail                 Anchored            
  202    77 Rumford Avenue Office Building               MA     02154             Office                 Suburban            
  203    Herndon/West Office II (F)                      CA     93711             Office                 Suburban            
  204    Herndon/West Office I (F)                       CA     93711             Office                 Suburban            
  205    Daisy I Apartments                              CA     92627          Multifamily                Garden             
  206    Sunset East Apartments                          WA     98059          Multifamily                Garden             
  207    Overlook Terrace Apts.                          WA     98372          Multifamily                Garden             
  208    2275 East Bayshore Road                         CA     94303             Office                 Suburban            
  209    Darant Industrial                               CO     80229           Industrial              Warehouse            
  210    354 S. La Fayette Park Place                    CA     90057          Multifamily                Garden             
  211    22322 Gilberto                                  
                                                         CA     92688           Industrial              Warehouse            
  212    Parkview                                        TX     75081           Industrial                 Flex              
  213    Las Olas Shopping Center                        FL     33301             Retail                Unanchored           
  214    1841 Fuller Apartments                          CA     90046          Multifamily                Garden             
  215    Brighton Avenue Plaza Shopping Center           MA     02135             Retail                Unanchored           
  216    Tiffany Building                                OR     97401             Other         Mixed (Retail/Multifamily)   
  217    Ballinger Trace Apts.                           WA     98020          Multifamily                Garden             
  218    Freeway Industrial Center                       CA     93003           Industrial                Light              
  219    Villa Monaco                                    CA     90631          Multifamily                Garden             
  220    Cheyenne Mountain Blockbuster                   CO     80901             Retail                Unanchored           
  221    Sunset Hill Apartments                          WA     99224          Multifamily                Garden             
  222    Le Med Apartments                               TX     78734          Multifamily                Garden             
  223    Kerner Automotive Center                        CA     94901           Industrial                Light              
  224    Bachman Glen Apartments                         TX     75220          Multifamily                Garden             
  225    Westview Plaza                                  OR     97219             Office                 Suburban            
  226    Fairmont Apartments                             CA     91203          Multifamily                Garden             
  227    Commerce-Executive                              TX     75081           Industrial                 Flex              
  228    St. Andrews Apartments                          FL     33624          Multifamily                Garden             
  229    Dunbar Amored Building                          CA     90058           Industrial                 Flex              
  230    631 Giguere Court                               CA     95113           Industrial                Light              
  231    Woodfront Condominiums                          TX     75214          Multifamily                Garden             
  232    Coral Shopping Center                           FL     33065             Retail                Unanchored           
  233    Morally Wholesale                               NV     89103           Industrial              Warehouse            
  234    Emerald Court Apartments                        WA     98022          Multifamily                Garden             
  235    1500 International Parkway                      TX     75081           Industrial                 Flex              
</TABLE>



<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------
  Loan                                                                 Year Built/
   No.   Property Name(2)                                Units/NSF     Renovated(7)
- ------------------------------------------------------------------------------------
<S>      <C>                                             <C>           <C>
  189    Hewlett Packard Bldg.                                46,324      1991
  190    Spenwick Industrial Park                            101,376      1976
  191    Lancaster Medical Office Building                    18,000      1998
  192    Dorchester Gardens Apartments                           114      1984
  193    Safeway-Marlow Center                                37,834      1985
  194    Keylock Mini Storage                                 76,320      1988
  195    53rd Court Warehouse                                 46,950      1987
  196    Stadium Court                                        36,755      1974
  197    Oakhurst Drive Apartments                                12      1987
  198    4602 North Avenue                                    43,084      1986
  199    Cal Plate, Inc. Buildings                            32,234      1993
  200    McKinley Business Center                             50,130      1991
  201    Rite Aid - Cleveland                                 11,190      1998
  202    77 Rumford Avenue Office Building                    23,292      1985
  203    Herndon/West Office II (F)                           10,085      1986
  204    Herndon/West Office I (F)                            10,122      1986
  205    Daisy I Apartments                                       26      1974
  206    Sunset East Apartments                                   40      1993
  207    Overlook Terrace Apts.                                   48      1977
  208    2275 East Bayshore Road                              12,421      1979
  209    Darant Industrial                                    44,160      1994
  210    354 S. La Fayette Park Place                             41      1970
  211    22322 Gilberto                                  
                                                              31,918      1988
  212    Parkview                                             56,353      1981
  213    Las Olas Shopping Center                              7,500      1995
  214    1841 Fuller Apartments                                   27      1991
  215    Brighton Avenue Plaza Shopping Center                28,489      1984
  216    Tiffany Building                                     22,231      1992
  217    Ballinger Trace Apts.                                    27      1992
  218    Freeway Industrial Center                            46,044      1997
  219    Villa Monaco                                             40      1997
  220    Cheyenne Mountain Blockbuster                         9,190      1997
  221    Sunset Hill Apartments                                   57      1979
  222    Le Med Apartments                                        88      1994
  223    Kerner Automotive Center                             26,770      1977
  224    Bachman Glen Apartments                                  76      1996
  225    Westview Plaza                                       24,549      1983
  226    Fairmont Apartments                                      42      1971
  227    Commerce-Executive                                   84,383      1975
  228    St. Andrews Apartments                                   36      1985
  229    Dunbar Amored Building                               31,497      1998
  230    631 Giguere Court                                    24,432      1989
  231    Woodfront Condominiums                                   49      1996
  232    Coral Shopping Center                                15,000      1981
  233    Morally Wholesale                                    22,948      1997
  234    Emerald Court Apartments                                 28      1989
  235    1500 International Parkway                           45,865      1986
</TABLE>

                                     II-11



<PAGE>   14
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY INFORMATION

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
  LOAN                                                                                                                             
   NO.   PROPERTY NAME(2)                                ADDRESS                                                   CITY            
- -----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>                                                       <C>             
  236    4801 W. 147th                                   14695 Ingelwood Ave.                                      Hawthorne       
  237    7225 & 7235 Bermuda Road                        7225 & 7235 Bermuda Road                                  Las Vegas       
  238    150 North Gibson Road                           150 N. Gibson Road                                        Henderson       
  239    San Carlos Apartments                           831 S.W. Vista Avenue                                     Portland        
  240    Daisy III Apartments                            687 W. 18th Street                                        Costa Mesa      
  241    Evergreen Garden Apts.                          291 Jamacha Road                                          El Cajon        
  242    Albermarle Center                               4822 Albemarle Road                                       Charlotte       
  243    The Village at Weber Ranch                      5066 North West Lane                                      Stockton        
  244    U-Stor George Washington                        1775 S. George Washington Blvd.                           Wichita         
  245    1410 W. 10th Pl.                                1410 W. 10th Pl.                                          Tempe           
  246    Memorial Hills Townhomes                        1819 Briarcreek Blvd.                                     Houston         
  247    Espalier Square                                 5300 Orange Avenue                                        Cypress         
  248    Mission Plaza                                   1201 Richardson Drive                                     Richardson      
  249    Huebner Road Office Buildings                   19206-10 Huebner Road                                     San Antonio     
  250    Kickapoo Plaza Shopping Center                  1510 N. Kickapoo Street                                   Shawnee         
  251    Cascade Optical Buildings                       1213 Hunter Avenue                                        Santa Ana       
  252    The 3700 Building                               3700 Campus Drive                                         Newport Beach   
  253    Daisy IV Apartments                             122 S. Ohio Street                                        Anaheim         
  254    2201 Sturgis                                    2201 Sturgis                                              Oxnard          
  255    Petal Street                                    11110-11140 Petal Street                                  Dallas          
  256    Thrifty Payless, Laguna Niguel (IV)             30222 Crown Valley Pkwy.                                  Laguna Niguel   
  257    Thrifty Payless, Bellflower (IV)                15924 Bellflower Blvd.                                    Bellflower      
  258    Jam Pharmaceutical                              1748 W. Business Center Drive                             Orange          
  259    Sonora Court                                    1171 Sonora Court                                         Sunnyvale       
  260    Parkway Square                                  801 E. Plano Parkway                                      Plano           
  261    Glenbrook Place Apartments                      2120 & 2121 S. Glenbrook Drive                            Garland         
  262    4625 West Jennifer Avenue                       4625 W. Jennifer Avenue                                   Fresno          
  263    Commercial Building West Lake Village           31238 Via Colinas                                         Westlake Village
  264    South Park Apartments                           514-16 E. South Street                                    Anaheim         
  265    Reseda Mobile Homes                             6545 Wilbur Avenue                                        Reseda          
  266    Murphy Avenue                                   17352 Murphy Avenue                                       Irvine          
  267    10925 Kinross Avenue                            10925 Kinross Avenue                                      Los Angeles     
  268    4 Wrigley Street                                4 Wrigley Street                                          Irvine          
  269    9 Marconi Street                                9 Marconi Street                                          Irvine          
  270    Westridge Commerce Center                       430-446 Westridge Drive                                   Watsonville     
  271    Centennial Green                                850 S. Greenville Avenue                                  Richardson      
  272    Bowser Tech                                     990 N Bowser Road                                         Richardson      
  273    1720 Greenville Avenue                          1720 Greenville                                           Richardson      
  274    Taco Bell/ Scottsdale                           7153-7155 East Thomas Road                                Scottsdale      
</TABLE>



<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------
  LOAN                                                                           PROPERTY                PROPERTY     
   NO.   PROPERTY NAME(2)                                STATE   ZIP CODE          TYPE                  SUB-TYPE     
- ----------------------------------------------------------------------------------------------------------------------
<S>      <C>                                             <C>    <C>          <C>                     <C>              
  236    4801 W. 147th                                   CA     90250           Industrial              Warehouse     
  237    7225 & 7235 Bermuda Road                        NV     89119           Industrial                Light       
  238    150 North Gibson Road                           NV     89014           Industrial                Light       
  239    San Carlos Apartments                           OR     97205          Multifamily              High-Rise     
  240    Daisy III Apartments                            CA     92627          Multifamily                Garden      
  241    Evergreen Garden Apts.                          CA     92019          Multifamily                Garden      
  242    Albermarle Center                               NC     28205             Office                 Suburban     
  243    The Village at Weber Ranch                      CA     95210             Retail                Unanchored    
  244    U-Stor George Washington                        KS     67218          Self Storage            Self Storage   
  245    1410 W. 10th Pl.                                AZ     85281           Industrial                 Flex       
  246    Memorial Hills Townhomes                        TX     77073          Multifamily                Garden      
  247    Espalier Square                                 CA     90630             Office                 Suburban     
  248    Mission Plaza                                   TX     75080             Office                 Suburban     
  249    Huebner Road Office Buildings                   TX     78258             Office                 Suburban     
  250    Kickapoo Plaza Shopping Center                  OK     74801             Retail                Unancored     
  251    Cascade Optical Buildings                       CA     92705           Industrial              Warehouse     
  252    The 3700 Building                               CA     92660             Office                 Suburban     
  253    Daisy IV Apartments                             CA     92805          Multifamily                Garden      
  254    2201 Sturgis                                    CA     93030           Industrial              Warehouse     
  255    Petal Street                                    TX     75238           Industrial                Light       
  256    Thrifty Payless, Laguna Niguel (IV)             CA     92677             Retail                 Big Box      
  257    Thrifty Payless, Bellflower (IV)                CA     90706             Retail                 Big Box      
  258    Jam Pharmaceutical                              CA     92867           Industrial              Warehouse     
  259    Sonora Court                                    CA     94086           Industrial                 Flex       
  260    Parkway Square                                  TX     75074           Industrial                 Flex       
  261    Glenbrook Place Apartments                      TX     75041          Multifamily                Garden      
  262    4625 West Jennifer Avenue                       CA     93722           Industrial                Light       
  263    Commercial Building West Lake Village           CA     91362           Industrial                 Flex       
  264    South Park Apartments                           CA     92805          Multifamily                Garden      
  265    Reseda Mobile Homes                             CA     91335        Mobile Home Park        Mobile Home Park 
  266    Murphy Avenue                                   CA     92614           Industrial              Warehouse     
  267    10925 Kinross Avenue                            CA     90024             Retail                Unanchored    
  268    4 Wrigley Street                                CA     92618           Industrial              Warehouse     
  269    9 Marconi Street                                CA     92618           Industrial              Warehouse     
  270    Westridge Commerce Center                       CA     95067           Industrial                 Flex       
  271    Centennial Green                                TX     75081             Office                 Suburban     
  272    Bowser Tech                                     TX     75081           Industrial                 Flex       
  273    1720 Greenville Avenue                          TX     75081           Industrial                 Flex       
  274    Taco Bell/ Scottsdale                           AZ     85257             Retail                Unanchored    
</TABLE>



<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------
  LOAN                                                                 YEAR BUILT/
   NO.   PROPERTY NAME(2)                                UNITS/NSF     RENOVATED(7)
- ------------------------------------------------------------------------------------
<S>      <C>                                             <C>           <C>
  236    4801 W. 147th                                        29,600      1997
  237    7225 & 7235 Bermuda Road                             22,080      1993
  238    150 North Gibson Road                                32,820      1997
  239    San Carlos Apartments                                    38      1992
  240    Daisy III Apartments                                     22      1977
  241    Evergreen Garden Apts.                                   68      1972
  242    Albermarle Center                                    41,210      1970
  243    The Village at Weber Ranch                           10,578      1989
  244    U-Stor George Washington                             53,150      1995
  245    1410 W. 10th Pl.                                     15,215      1997
  246    Memorial Hills Townhomes                                 40      1984
  247    Espalier Square                                      24,600      1977
  248    Mission Plaza                                        38,715      1983
  249    Huebner Road Office Buildings                        27,875      1994
  250    Kickapoo Plaza Shopping Center                       43,774      1983
  251    Cascade Optical Buildings                            20,900      1983
  252    The 3700 Building                                    13,658      1978
  253    Daisy IV Apartments                                      20      1976
  254    2201 Sturgis                                         35,371      1997
  255    Petal Street                                         92,222      1983
  256    Thrifty Payless, Laguna Niguel (IV)                  20,100      1972
  257    Thrifty Payless, Bellflower (IV)                     20,100      1970
  258    Jam Pharmaceutical                                   25,254      1985
  259    Sonora Court                                         19,512      1976
  260    Parkway Square                                       82,022      1982
  261    Glenbrook Place Apartments                               88      1968
  262    4625 West Jennifer Avenue                            19,504      1988
  263    Commercial Building West Lake Village                20,480      1986
  264    South Park Apartments                                    21      1997
  265    Reseda Mobile Homes                                     108      1960
  266    Murphy Avenue                                        21,320      1997
  267    10925 Kinross Avenue                                 16,300      1998
  268    4 Wrigley Street                                     17,360      1980
  269    9 Marconi Street                                     16,489      1980
  270    Westridge Commerce Center                            16,248      1991
  271    Centennial Green                                     16,466      1982
  272    Bowser Tech                                          37,850      1985
  273    1720 Greenville Avenue                               28,177      1990
  274    Taco Bell/ Scottsdale                                 4,789      1975
</TABLE>

                                      II-12
<PAGE>   15
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY OPERATING INFORMATION

<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
  LOAN                                                      UNDERWRITABLE         MONTHLY                          APPRAISED    
   No.                 Property Name(2)                       Cash Flow         Payment(8)     DSCR(4)               Value      
- --------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                                <C>                 <C>           <C>                <C>           
   1     Golf Mill Shopping Center                            $4,886,425          $285,714     1.43               $56,000,000   
   2     Silvertree Hotel and Wildwood Lodge                  $4,886,890          $256,148     1.59               $54,200,000   
   3     Mission Valley Hilton Hotel (A)                      $3,149,408          $142,119     1.75               $28,500,000   
   4     Hanalei Hotel (A)                                    $1,961,436          $101,644     1.75               $22,500,000   
   5     Galleria Palms Apartments                            $3,180,389          $190,800     1.39               $38,800,000   
   6     55 Hawthorne & 631 Howard                            $3,088,108          $154,365     1.67               $48,000,000   
   7     Dunwoody Club Apartments                             $2,908,214          $169,528     1.43               $35,000,000   
   8     Grapevine Town Shopping Center                       $2,088,083          $123,003     1.41               $24,000,000   
   9     Ward - Bel Air Professional Ctr (I)                    $812,419           $46,616     1.47                $8,500,000   
   10    Ward - Bel Air Retail (I)                              $609,107           $34,865     1.47                $6,700,000   
   11    Ward - Bright Oaks Office (I)                          $396,088           $21,767     1.47                $4,700,000   
   12    Ward - Blue Spruce (I)                                 $123,916            $6,935     1.47                $1,250,000   
   13    Ward - Hayes/Thomas Office (I)                         $112,489            $6,164     1.47                $1,420,000   
   14    Central Park Apartments                              $1,690,692           $74,514     1.89               $20,000,000   
   15    Boca Industrial (B)                                    $651,296           $36,946     1.42                $7,300,000   
   16    South Congress Industrial (B)                          $584,990           $35,803     1.42                $6,800,000   
   17    North Los Altos Shopping Center                      $1,725,308           $69,863     2.06               $20,250,000   
   18    International Residence-Austin (IRA)                 $1,678,310           $68,435     2.04               $19,350,000   
   19    Crossway Commons Shopping Center                     $1,094,925           $71,926     1.27               $13,100,000   
   20    La Veta Grand Apartments                             $1,333,221           $65,883     1.69               $15,500,000   
   21    1 Lombard St. & 150 Greenwich St.                    $1,647,637           $69,756     1.97               $23,500,000   
   22    Vintage Court Hotel                                  $1,798,184           $71,830     2.09               $16,600,000   
   23    Wimberly Park                                        $1,220,026           $56,814     1.79               $14,400,000   
   24    Federal Express Building                             $1,086,986           $63,536     1.43               $11,600,000   
   25    Merrimac Plaza Shopping Center                       $1,026,803           $56,597     1.51               $11,400,000   
   26    Stockton Center                                      $1,207,586           $60,453     1.66               $14,750,000   
   27    International Residence San Antonio                  $1,175,052           $54,231     1.81               $14,500,000   
   28    Corporate Drive, Sugarland, TX                         $925,576           $62,779     1.23               $11,250,000   
   29    Weatherly Walk                                         $959,236           $50,246     1.59               $10,400,000   
   30    Office Depot - Long Beach, CA                          $962,441           $50,051     1.60               $11,900,000   
   31    Hurst Harbor Marina                                  $1,112,184           $54,037     1.72               $11,500,000   
   32    Casady Square Shopping Center                          $988,696           $49,797     1.65               $10,700,000   
   33    Commonwealth Building                                $1,169,404           $59,688     1.63               $14,750,000   
   34    Coyote Creek Mobile Home Park                          $887,110           $52,680     1.40               $10,200,000   
   35    Mountainview Marketplace Shopping Center               $877,023           $47,931     1.52                $9,750,000   
   36    Hurley's Children & Family Medical Ctr.                $865,670           $58,897     1.22               $10,000,000   
   37    Druid Pointe Office Building                           $762,728           $50,431     1.26               $10,000,000   
   38    Nohl Plaza Shopping Center                             $744,235           $44,912     1.38                $8,700,000   
   39    Monterey Park II Apts.                                 $715,754           $41,900     1.42                $8,190,000   
   40    Spring Hill Market Place                               $802,259           $45,941     1.46                $9,200,000   
   41    Hampton Inn Hotel                                    $1,090,083           $50,311     1.81                $9,625,000   
   42    Crestview Apartments                                   $739,376           $42,280     1.46               $10,190,000   
   43    Fiesta Shopping Center                                 $845,034           $47,623     1.48                $8,350,000   
   44    Sierra Crest Shopping Center                           $798,400           $40,383     1.65                $8,700,000   
   45    Casa Del Rey Apartments                                $701,558           $41,373     1.41                $8,250,000   
   46    Alameda Business Centre                              $1,367,695           $53,228     2.14               $16,650,000   
   47    58 Charles Street Office Building                      $752,840           $47,331     1.33                $8,940,000   
   48    Syosset Plaza Shopping Center                          $623,146           $39,293     1.32                $7,700,000   
   49    Silver Creek Shopping Center                           $892,074           $38,306     1.94               $10,400,000   
   50    Martin Woodworking                                     $663,570           $41,493     1.33                $7,800,000   
   51    Park Bank Office Building                              $604,984           $36,866     1.37                $7,600,000   
   52    Consolidated Technology Warehouse (II)                 $485,493           $28,691     1.44                $4,500,000   
   53    Consolidated Technology Industrial Building (II)       $356,103           $20,087     1.44                $3,150,000   
   54    1155 Jones Street                                      $677,855           $33,214     1.70                $8,525,000   
</TABLE>


<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------
  LOAN                                                     VALUATION                   PERCENTLEASED(9)    
   No.                 Property Name(2)                       Date          LTV(4)       Leased      Date        
- -----------------------------------------------------------------------------------------------------------------
<S>      <C>                                               <C>             <C>           <C>        <C> 
   1     Golf Mill Shopping Center                          7/28/98         73.6%         89.7%     8/12/98      
   2     Silvertree Hotel and Wildwood Lodge                2/18/98         64.0%         57.8%     3/31/98      
   3     Mission Valley Hilton Hotel (A)                    1/7/98          65.4%         81.2%     6/30/98      
   4     Hanalei Hotel (A)                                  1/9/98          65.4%         67.8%     6/30/98      
   5     Galleria Palms Apartments                          7/17/98         74.4%         98.4%     9/25/98      
   6     55 Hawthorne & 631 Howard                          7/22/98         58.3%         91.0%     6/10/98      
   7     Dunwoody Club Apartments                           8/1/98          71.2%         93.8%     6/30/98      
   8     Grapevine Town Shopping Center                     1/7/98          69.5%        100.0%      7/1/98      
   9     Ward - Bel Air Professional Ctr (I)                7/14/98         66.4%         95.3%      9/1/98      
   10    Ward - Bel Air Retail (I)                          7/14/98         66.4%        100.0%      9/1/98      
   11    Ward - Bright Oaks Office (I)                      7/14/98         66.4%         97.0%      9/1/98      
   12    Ward - Blue Spruce (I)                             7/21/98         66.4%        100.0%      9/1/98      
   13    Ward - Hayes/Thomas Office (I)                     7/21/98         66.4%        100.0%      9/1/98      
   14    Central Park Apartments                            5/1/98          54.5%         94.7%     7/16/98      
   15    Boca Industrial (B)                                7/14/98         76.2%        100.0%     8/18/98      
   16    South Congress Industrial (B)                      7/12/98         76.2%        100.0%     7/16/98      
   17    North Los Altos Shopping Center                    6/8/98          52.6%         99.0%     4/22/98      
   18    International Residence-Austin (IRA)               3/31/98         54.4%         94.9%     7/20/98      
   19    Crossway Commons Shopping Center                   12/8/97         79.4%        100.0%     7/22/98      
   20    La Veta Grand Apartments                           1/30/98         64.7%         94.0%     7/17/98      
   21    1 Lombard St. & 150 Greenwich St.                  6/2/98          42.3%        100.0%     7/15/98      
   22    Vintage Court Hotel                                4/21/98         59.7%         83.3%     11/30/98     
   23    Wimberly Park                                      4/24/98         60.7%         92.0%     7/22/98      
   24    Federal Express Building                           2/2/98          74.1%        100.0%     9/30/98      
   25    Merrimac Plaza Shopping Center                     7/22/98         74.7%         94.1%      5/1/98      
   26    Stockton Center                                    6/5/98          57.0%        100.0%      8/5/98      
   27    International Residence San Antonio                4/3/98          57.6%         87.9%      8/6/98      
   28    Corporate Drive, Sugarland, TX                     3/25/98         73.2%        100.0%      9/1/98      
   29    Weatherly Walk                                     7/9/98          75.7%         94.8%     6/25/98      
   30    Office Depot - Long Beach, CA                      8/6/98          64.1%        100.0%     6/30/98      
   31    Hurst Harbor Marina                                6/24/98         65.5%        100.0%     7/23/98      
   32    Casady Square Shopping Center                      2/18/98         69.8%         93.7%     6/30/98      
   33    Commonwealth Building                              4/28/98         50.2%         99.0%     7/22/98      
   34    Coyote Creek Mobile Home Park                      5/13/98         72.1%         99.0%      1/6/98      
   35    Mountainview Marketplace Shopping Center           2/9/98          74.3%         96.2%     8/31/98      
   36    Hurley's Children & Family Medical Ctr.            6/23/98         69.1%        100.0%     6/30/98      
   37    Druid Pointe Office Building                       4/6/98          68.3%        100.0%      3/1/98      
   38    Nohl Plaza Shopping Center                         4/6/98          75.4%         97.9%     6/30/98      
   39    Monterey Park II Apts.                             7/30/98         79.1%         94.1%     6/20/98      
   40    Spring Hill Market Place                           5/6/98          70.3%         87.0%     1/25/99      
   41    Hampton Inn Hotel                                  2/10/98         64.0%         79.4%     8/30/98      
   42    Crestview Apartments                               8/3/98          59.8%        100.0%     8/20/98      
   43    Fiesta Shopping Center                             3/26/98         72.1%        100.0%     8/21/98      
   44    Sierra Crest Shopping Center                       3/27/98         68.6%        100.0%     12/18/98     
   45    Casa Del Rey Apartments                            6/3/98          71.7%         98.0%     6/30/98      
   46    Alameda Business Centre                            1/27/98         35.3%        100.0%     8/17/98      
   47    58 Charles Street Office Building                  8/27/98         65.5%        100.0%      9/1/98      
   48    Syosset Plaza Shopping Center                      2/18/98         74.5%         92.2%      6/1/98      
   49    Silver Creek Shopping Center                       7/6/98          54.7%        100.0%      6/9/98      
   50    Martin Woodworking                                 4/14/98         71.4%        100.0%     12/11/98     
   51    Park Bank Office Building                          7/30/98         73.2%         94.3%      9/9/98      
   52    Consolidated Technology Warehouse (II)             7/21/98         70.4%        100.0%     9/29/98      
   53    Consolidated Technology Industrial Building (II)   7/21/98         70.4%        100.0%     9/29/98      
   54    1155 Jones Street                                  7/20/98         63.1%        100.0%      7/1/98      
</TABLE>


<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                         REPLACEMENT
  LOAN                                                              TENANT INFORMATION(10)            TAX      INSURANCE   Reserves
   No.                 Property Name(2)                      Largest Tenant                % NSF     Escrow      Escrow       (11)
- -----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                                 <C>                           <C>     <C>         <C>          <C>
   1     Golf Mill Shopping Center                           JCPenney                      24.6%      Yes          Yes         Yes
   2     Silvertree Hotel and Wildwood Lodge                                                          Yes          Yes         Yes
   3     Mission Valley Hilton Hotel (A)                                                              Yes          Yes         Yes
   4     Hanalei Hotel (A)                                                                            Yes          Yes         Yes
   5     Galleria Palms Apartments                                                                    Yes          Yes         Yes
   6     55 Hawthorne & 631 Howard                                                                     No           No          No
   7     Dunwoody Club Apartments                                                                     Yes           No         Yes
   8     Grapevine Town Shopping Center                                                               Yes           No          No
   9     Ward - Bel Air Professional Ctr (I)                 Battelle Memorial Institute   32.0%      Yes           No         Yes
   10    Ward - Bel Air Retail (I)                           Duclaw Brewing Co.            31.9%      Yes           No         Yes
   11    Ward - Bright Oaks Office (I)                                                                Yes           No         Yes
   12    Ward - Blue Spruce (I)                              Bell Atlantic Mobile         100.0%      Yes           No         Yes
   13    Ward - Hayes/Thomas Office (I)                      Key Point Health Service      55.3%      Yes           No         Yes
   14    Central Park Apartments                                                                      Yes           No          No
   15    Boca Industrial (B)                                                                          Yes           No          No
   16    South Congress Industrial (B)                                                                Yes           No          No
   17    North Los Altos Shopping Center                                                              Yes           No          No
   18    International Residence-Austin (IRA)                                                          No           No          No
   19    Crossway Commons Shopping Center                    Farm Fresh                    58.9%      Yes           No         Yes
   20    La Veta Grand Apartments                                                                     Yes          Yes         Yes
   21    1 Lombard St. & 150 Greenwich St.                   SF Bay Club                   35.0%      Yes          Yes          No
   22    Vintage Court Hotel                                                                          Yes           No          No
   23    Wimberly Park                                                                                 No           No          No
   24    Federal Express Building                            Federal Express              100.0%      Yes           No         Yes
   25    Merrimac Plaza Shopping Center                      Mar-Lin Outlets               29.9%      Yes          Yes         Yes
   26    Stockton Center                                     Home Base                     65.4%       No           No          No
   27    International Residence San Antonio                                                           No           No          No
   28    Corporate Drive, Sugarland, TX                      CGI Desserts, Inc.           100.0%       No           No          No
   29    Weatherly Walk                                                                               Yes           No         Yes
   30    Office Depot - Long Beach, CA                       Office Depot                 100.0%       No           No          No
   31    Hurst Harbor Marina                                                                          Yes          Yes          No
   32    Casady Square Shopping Center                                                                Yes          Yes         Yes
   33    Commonwealth Building                               Comm. Family Svcs.            35.9%      Yes           No          No
   34    Coyote Creek Mobile Home Park                                                                Yes           No          No
   35    Mountainview Marketplace Shopping Center            Safeway Supermarket           35.5%      Yes          Yes         Yes
   36    Hurley's Children & Family Medical Ctr.             Hurley Medical Center         90.7%      Yes          Yes          No
   37    Druid Pointe Office Building                        AT&T                          99.8%       No           No          No
   38    Nohl Plaza Shopping Center                          Vons Grocery Co.              49.4%      Yes          Yes         Yes
   39    Monterey Park II Apts.                                                                       Yes          Yes          No
   40    Spring Hill Market Place                            Circuit City                  33.6%      Yes           No          No
   41    Hampton Inn Hotel                                                                            Yes           No         Yes
   42    Crestview Apartments                                                                         Yes           No         Yes
   43    Fiesta Shopping Center                              Fiesta                        52.5%      Yes           No          No
   44    Sierra Crest Shopping Center                        Von's(Safeway)                38.9%      Yes          Yes          No
   45    Casa Del Rey Apartments                                                                      Yes          Yes          No
   46    Alameda Business Centre                                                                       No           No          No
   47    58 Charles Street Office Building                   The Economist Group           28.7%      Yes          Yes         Yes
   48    Syosset Plaza Shopping Center                       West Marine Products, Inc.    20.3%      Yes          Yes         Yes
   49    Silver Creek Shopping Center                                                                 Yes          Yes          No
   50    Martin Woodworking                                  Martin Woodworking           100.0%       No           No          No
   51    Park Bank Office Building                                                                    Yes          Yes         Yes
   52    Consolidated Technology Warehouse (II)              Casey Tool & Machine         100.0%      Yes          Yes         Yes
   53    Consolidated Technology Industrial Building (II)    Casey Tool & Machine         100.0%      Yes          Yes         Yes
   54    1155 Jones Street                                                                            Yes          Yes          No
</TABLE>


                                     II-13
<PAGE>   16


APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY OPERATING INFORMATION


<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------------------------------------------------------
  LOAN                                                      UNDERWRITABLE         MONTHLY                          APPRAISED    
   No.                 Property Name(2)                       Cash Flow         Payment(8)     DSCR(4)               Value      
- --------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                                <C>                 <C>           <C>                <C>           
   55    Kramer - 6 Arcata Apartments (III)                     $519,835           $28,347     1.50                $5,224,000   
   56    Kramer - Eureka Apartments (III)                       $224,689           $12,345     1.50                $2,275,000   
   57    Kramer - Fields Landing (III)                           $33,535            $2,605     1.50                  $480,000   
   58    Vista Oaks Apartment                                   $645,181           $35,957     1.50                $8,275,000   
   59    Nash Finch Distribution Warehouse                      $684,647           $32,868     1.74                $8,500,000   
   60    Syracuse Center - Phase I                              $720,643           $40,911     1.47                $7,200,000   
   61    Amador II Building                                     $666,654           $35,140     1.58                $8,900,000   
   62    Catalina Apartments                                    $646,623           $33,131     1.63                $7,300,000   
   63    4670 Willow Road                                       $677,976           $34,451     1.64                $7,000,000   
   64    Hamilton House Apartments                            $1,699,404           $38,107     3.72               $18,200,000   
   65    Sacramento Place Apartments                            $585,671           $29,925     1.63                $7,570,000   
   66    Zycon R&D Building                                     $591,668           $35,301     1.40                $6,500,000   
   67    Rudolph-Hendrickson Senior Apartments                  $499,061           $30,741     1.35                $6,300,000   
   68    Holborn Village Apartments                             $483,367           $30,749     1.31                $5,850,000   
   69    100 E. Tujunga                                         $748,971           $35,361     1.77                $7,500,000   
   70    Rancho Anita Industrial Park                           $551,638           $31,566     1.46                $7,300,000   
   71    Beverly Hills Tower Apartments (C)                     $360,747           $20,398     1.41                $4,880,000   
   72    Beverly Hills Regency Apartments (C)                   $142,497            $9,252     1.41                $2,190,000   
   73    Chico Town & Country Shopping Ctr.                     $599,119           $32,773     1.52                $6,800,000   
   74    Windsor Court Apartments                               $605,582           $28,948     1.74                $7,000,000   
   75    Pathmark Super Center-Wilmington, DE                   $516,718           $30,548     1.41                $5,600,000   
   76    New Villa Valencia Mobile Home Park                    $642,598           $27,689     1.93                $7,900,000   
   77    Veterans Plaza Shopping Center                         $439,314           $27,937     1.31                $5,000,000   
   78    150 Sylvan Avenue Shopping Center                      $511,844           $26,451     1.61                $5,750,000   
   79    Reynolds Industries Bldg                               $477,773           $26,639     1.49                $5,700,000   
   80    Strada Da Valle Office Building                        $403,609           $26,630     1.26                $5,600,000   
   81    Conrad Villas Apts.                                    $492,784           $27,500     1.49                $5,500,000   
   82    Ocean Business Park                                    $431,972           $26,310     1.37                $4,920,000   
   83    Westwood Village Shopping Center                       $460,622           $26,175     1.47                $5,866,000   
   84    Enclave Apartments                                     $524,234           $23,938     1.83                $6,040,000   
   85    Westside Shopping Center                               $432,653           $24,558     1.47                $5,170,000   
   86    Riverside Country Club Mobile Home Park                $474,122           $23,951     1.65                $5,350,000   
   87    3030 Bridgeway Boulevard                               $527,566           $24,754     1.78                $5,000,000   
   88    Food 4 Less                                            $469,547           $25,686     1.52                $5,025,000   
   89    Suburban Lodge Hotel                                   $426,940           $26,150     1.36                $6,000,000   
   90    Pathmark Super Center-Upper Darby, PA                  $450,438           $25,456     1.47                $4,700,000   
   91    The Ladco Building                                     $435,234           $31,030     1.17                $4,600,000   
   92    Hickory Plaza                                          $406,069           $23,185     1.46                $4,600,000   
   93    College Way Marketplace                                $391,192           $22,879     1.42                $4,850,000   
   94    Grove Business Joint Venture                           $518,317           $22,705     1.90                $6,220,000   
   95    Edison Way Industrial Center                           $695,383           $30,281     1.91                $8,100,000   
   96    Pacific Terrace Apartments                             $579,782           $24,011     2.01                $4,500,000   
   97    4700-4800 SW 51 St Warehouse                           $349,581           $22,604     1.29                $4,200,000   
   98    Brookside Villas Apartments                            $370,507           $21,691     1.42                $4,350,000   
   99    Castaic Apartments                                     $458,849           $23,848     1.60                $4,400,000   
  100    La Habra Hills                                         $593,105           $20,891     2.37                $5,300,000   
  101    5251 - 5271 East 2nd St.                               $501,789           $24,172     1.73                $5,465,000   
  102    Montgomery Business Park                               $378,538           $23,817     1.32                $4,320,000   
  103    Atherton Park Apartments                               $422,332           $21,753     1.62                $6,190,000   
  104    Let's Store It II - Brookhurst                         $478,072           $22,403     1.78                $4,975,000   
  105    Torrance Western Self Storage                          $488,621           $22,403     1.82                $4,625,000   
  106    Sierra Gardens                                         $471,096           $20,414     1.92                $4,240,000   
  107    Shelter Creek Apartments                               $836,089           $23,924     2.91               $10,400,000   
  108    Design Row Shopping Center                             $359,453           $21,297     1.41                $4,200,000   
</TABLE>


<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------
  LOAN                                                     VALUATION                     PERCENT    LEASED(9)    
   No.                 Property Name(2)                       Date          LTV(4)       Leased      Date        
- -----------------------------------------------------------------------------------------------------------------
<S>      <C>                                               <C>             <C>           <C>        <C> 
   55    Kramer - 6 Arcata Apartments (III)                   5/22/98         66.2%        100.0%      7/1/98    
   56    Kramer - Eureka Apartments (III)                     5/22/98         66.2%         98.0%      7/1/98    
   57    Kramer - Fields Landing (III)                        5/22/98         66.2%        100.0%      7/1/98    
   58    Vista Oaks Apartment                                 4/9/98          63.1%         97.2%     6/30/98    
   59    Nash Finch Distribution Warehouse                    6/17/98         60.9%        100.0%     6/25/98    
   60    Syracuse Center - Phase I                            6/30/98         71.6%         96.7%      8/1/98    
   61    Amador II Building                                   9/2/98          57.0%        100.0%     8/21/98    
   62    Catalina Apartments                                  2/23/98         68.2%         95.0%      6/9/98    
   63    4670 Willow Road                                     8/24/98         71.1%        100.0%      8/1/98    
   64    Hamilton House Apartments                            7/7/98          27.2%         98.0%     6/30/98    
   65    Sacramento Place Apartments                          7/3/98          63.9%         99.0%     10/21/98   
   66    Zycon R&D Building                                   3/10/97         73.6%        100.0%     3/17/98    
   67    Rudolph-Hendrickson Senior Apartments                4/6/98          74.6%         99.3%      1/1/98    
   68    Holborn Village Apartments                           7/30/98         79.3%         96.6%      8/6/98    
   69    100 E. Tujunga                                       4/21/98         60.5%        100.0%      7/1/98    
   70    Rancho Anita Industrial Park                         7/6/98          62.0%         96.0%     6/23/98    
   71    Beverly Hills Tower Apartments (C)                  11/25/97         63.4%        100.0%      1/7/98    
   72    Beverly Hills Regency Apartments (C)                11/25/97         63.4%         93.8%      1/7/98    
   73    Chico Town & Country Shopping Ctr.                   4/28/98         65.8%         97.0%     7/10/98    
   74    Windsor Court Apartments                             12/3/97         63.8%        100.0%     9/14/98    
   75    Pathmark Super Center-Wilmington, DE                 6/17/98         74.8%        100.0%     9/21/98    
   76    New Villa Valencia Mobile Home Park                  4/3/98          52.9%        100.0%      8/1/98    
   77    Veterans Plaza Shopping Center                       2/2/98          81.1%        100.0%     5/12/98    
   78    150 Sylvan Avenue Shopping Center                    7/24/98         69.4%        100.0%     6/25/98    
   79    Reynolds Industries Bldg                             4/22/98         69.8%        100.0%     11/3/98    
   80    Strada Da Valle Office Building                      3/16/98         68.4%        100.0%     5/13/98    
   81    Conrad Villas Apts.                                  3/26/98         69.5%         97.3%     6/30/98    
   82    Ocean Business Park                                  4/13/98         76.9%         98.8%     12/18/98   
   83    Westwood Village Shopping Center                     12/3/97         62.7%         94.8%     9/17/98    
   84    Enclave Apartments                                   5/26/98         60.6%         98.7%     6/25/98    
   85    Westside Shopping Center                             9/3/98          69.5%         86.9%     7/30/98    
   86    Riverside Country Club Mobile Home Park              4/17/98         67.0%        100.0%     4/14/98    
   87    3030 Bridgeway Boulevard                             3/18/98         71.7%        100.0%      6/1/98    
   88    Food 4 Less                                          5/21/98         71.1%        100.0%     4/21/98    
   89    Suburban Lodge Hotel                                 6/5/98          58.2%         86.4%     6/30/98    
   90    Pathmark Super Center-Upper Darby, PA                6/17/98         74.2%        100.0%     9/21/98    
   91    The Ladco Building                                   6/26/98         75.1%        100.0%     9/15/98    
   92    Hickory Plaza                                        7/9/98          74.7%        100.0%      9/9/98    
   93    College Way Marketplace                              4/4/98          70.3%         92.9%     7/22/98    
   94    Grove Business Joint Venture                         6/4/98          54.8%        100.0%     6/11/98    
   95    Edison Way Industrial Center                         7/17/98         42.1%        100.0%     8/14/98    
   96    Pacific Terrace Apartments                           3/19/98         74.3%        100.0%     8/31/98    
   97    4700-4800 SW 51 St Warehouse                         6/12/98         79.5%        100.0%     8/24/98    
   98    Brookside Villas Apartments                          2/10/98         76.4%         97.4%     4/30/98    
   99    Castaic Apartments                                   5/3/98          75.4%         95.2%     8/19/98    
  100    La Habra Hills                                       3/4/98          62.0%         97.0%     7/15/98    
  101    5251 - 5271 East 2nd St.                             3/27/98         59.8%        100.0%     8/21/98    
  102    Montgomery Business Park                             7/7/98          74.5%         96.4%      7/8/98    
  103    Atherton Park Apartments                            10/24/97         52.0%         79.9%     10/1/98    
  104    Let's Store It II - Brookhurst                       5/4/98          63.8%         89.0%     7/28/98    
  105    Torrance Western Self Storage                        5/4/98          68.7%         93.0%     7/28/98    
  106    Sierra Gardens                                       3/4/98          74.6%         93.0%      7/8/98    
  107    Shelter Creek Apartments                             4/24/98         30.3%         97.6%     7/16/98    
  108    Design Row Shopping Center                           7/24/98         74.9%        100.0%     10/1/98    
</TABLE>



<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
  LOAN                                                                   TENANT INFORMATION(10)       TAX    INSURANCE  REPLACEMENT 
   No.                 Property Name(2)                      Largest Tenant                % NSF    Escrow     Escrow   Reserves(11)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                                 <C>                           <C>     <C>         <C>          <C>
   55    Kramer - 6 Arcata Apartments (III)                                                           Yes         Yes          No
   56    Kramer - Eureka Apartments (III)                                                             Yes         Yes          No
   57    Kramer - Fields Landing (III)                                                                Yes         Yes          No
   58    Vista Oaks Apartment                                                                         Yes          No          No
   59    Nash Finch Distribution Warehouse                  Nash Finch                      100.0%    Yes         Yes          No
   60    Syracuse Center - Phase I                          Smith's Foods                    77.3%    Yes          No          No
   61    Amador II Building                                 AT&T                            100.0%     No          No          No
   62    Catalina Apartments                                                                          Yes         Yes          No
   63    4670 Willow Road                                   Signature Properties, Inc        50.5%     No          No          No
   64    Hamilton House Apartments                                                                    Yes          No          No
   65    Sacramento Place Apartments                                                                  Yes         Yes          No
   66    Zycon R&D Building                                 (Hadco) Zycon                   100.0%     No          No          No
   67    Rudolph-Hendrickson Senior Apartments                                                        Yes         Yes          No
   68    Holborn Village Apartments                                                                   Yes         Yes         Yes
   69    100 E. Tujunga                                     Care Home Health Serv. Inc       50.6%    Yes          No          No
   70    Rancho Anita Industrial Park                       RTA International                28.9%    Yes          No          No
   71    Beverly Hills Tower Apartments (C)                                                           Yes         Yes          No
   72    Beverly Hills Regency Apartments (C)                                                         Yes         Yes          No
   73    Chico Town & Country Shopping Ctr.                 Rite Aid                         22.6%    Yes          No          No
   74    Windsor Court Apartments                                                                     Yes         Yes          No
   75    Pathmark Super Center-Wilmington, DE               Pathmark Super Center           100.0%     No          No         Yes
   76    New Villa Valencia Mobile Home Park                                                          Yes         Yes          No
   77    Veterans Plaza Shopping Center                     Big Y                            61.3%    Yes         Yes         Yes
   78    150 Sylvan Avenue Shopping Center                  Bally Total Fitness              82.9%    Yes         Yes         Yes
   79    Reynolds Industries Bldg                           Reynolds Industries             100.0%    Yes         Yes          No
   80    Strada Da Valle Office Building                    U.S. Bank of Washington          35.0%    Yes         Yes          No
   81    Conrad Villas Apts.                                                                          Yes          No          No
   82    Ocean Business Park                                Billy's International            51.5%    Yes         Yes          No
   83    Westwood Village Shopping Center                   Reams Food Store                 51.6%    Yes         Yes         Yes
   84    Enclave Apartments                                                                           Yes          No          No
   85    Westside Shopping Center                           Value Village                    25.4%     No          No          No
   86    Riverside Country Club Mobile Home Park                                                      Yes         Yes          No
   87    3030 Bridgeway Boulevard                                                                     Yes         Yes          No
   88    Food 4 Less                                        Food 4 Less                     100.0%    Yes         Yes          No
   89    Suburban Lodge Hotel                                                                          No          No         Yes
   90    Pathmark Super Center-Upper Darby, PA              Pathmark Super Center           100.0%    Yes         Yes          Yes
   91    The Ladco Building                                 Ladco, Inc.                     100.0%    Yes          No          No
   92    Hickory Plaza                                      Long & Foster                    22.0%    Yes         Yes          Yes
   93    College Way Marketplace                            Office Depot                     60.5%    Yes          No          No
   94    Grove Business Joint Venture                                                                  No          No          No
   95    Edison Way Industrial Center                                                                 Yes         Yes          No
   96    Pacific Terrace Apartments                                                                   Yes          No          No
   97    4700-4800 SW 51 St Warehouse                       Tri Star                         21.7%    Yes         Yes         Yes
   98    Brookside Villas Apartments                                                                  Yes         Yes          Yes
   99    Castaic Apartments                                                                           Yes         Yes          No
  100    La Habra Hills                                                                               Yes          No          No
  101    5251 - 5271 East 2nd St.                           Shorehouse Cafe                  22.8%    Yes          No         Yes
  102    Montgomery Business Park                           Olivetti Training                23.5%    Yes         Yes          No
  103    Atherton Park Apartments                                                                     Yes         Yes         Yes
  104    Let's Store It II - Brookhurst                                                               Yes         Yes          Yes
  105    Torrance Western Self Storage                                                                Yes         Yes          No
  106    Sierra Gardens                                                                               Yes         Yes          No
  107    Shelter Creek Apartments                                                                     Yes          No          No
  108    Design Row Shopping Center                         Beautiful Things, Inc.           21.3%    Yes         Yes          Yes
</TABLE>


                                     II-14

<PAGE>   17
APPENDIX II

CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY OPERATING INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                
  LOAN                                                          UNDERWRITABLE     MONTHLY                  APPRAISED    VALUATION   
   NO.                    PROPERTY NAME(2)                        CASH FLOW      PAYMENT(8)   DSCR(4)        VALUE         DATE     
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>              <C>          <C>          <C>          <C>         
  109    Veteran Plaza                                               $373,587       $19,051   1.63         $4,865,000   6/27/98     
  110    Rolling Hills Apartments                                    $512,486       $19,358   2.21         $7,000,000    4/8/98     
  111    Four Corners Shopping Center                                $480,056       $24,628   1.62         $4,700,000   3/17/98     
  112    Rimrock Plaza Shopping Center                               $507,780       $26,511   1.60         $5,570,000   7/10/97     
  113    Orchard View Apartments                                     $345,890       $20,756   1.39         $4,350,000   7/16/98     
  114    Secure Self Storage of Old Town                             $351,802       $20,166   1.45         $3,700,000   3/17/98     
  115    Waterford Place Condominiums                                $330,359       $18,799   1.46         $3,700,000   2/26/98     
  116    Nimitz Point Apartments                                     $305,963       $19,520   1.31         $3,600,000   3/20/98     
  117    Physician's Plaza                                           $338,496       $18,145   1.55         $3,600,000   5/20/98     
  118    Artesia Mobile Home Estates                                 $454,078       $17,665   2.14         $5,130,000   5/22/98     
  119    Del Prado Apartments                                        $346,003       $18,903   1.53         $3,630,000   6/19/98     
  120    Concord Villas                                              $331,246       $17,927   1.54         $3,670,000   4/16/98     
  121    San Mateo Office Complex                                    $381,738       $16,586   1.92         $5,350,000   6/29/98     
  122    Colonial Arms Apartments                                    $304,911       $19,159   1.33         $3,550,000   3/12/98     
  123    Westport Apartments                                         $389,065       $24,359   1.33         $5,000,000   4/16/98     
  124    Marina Self Storage                                         $352,350       $21,722   1.35         $3,700,000   4/28/98     
  125    Americana Palos Verdes Apartments                           $325,122       $16,149   1.68         $3,600,000   6/10/98     
  126    Grand York Shopping Center                                  $482,999       $22,526   1.79         $6,200,000   6/25/98     
  127    Brooktree Estates Apartments                                $341,290       $16,232   1.75         $4,150,000   12/10/97    
  128    Daily California Building                                   $394,050       $17,661   1.86         $4,025,000   1/30/98     
  129    The Regent-Chicago                                          $410,058       $15,887   2.15         $4,600,000    6/9/98     
  130    Lyons Shopping Center                                       $271,832       $16,814   1.35         $3,215,000   1/16/98     
  131    Renaissance Tech                                            $297,927       $17,596   1.41         $3,320,000   6/18/98     
  132    Columbian Steel Tank Co.                                    $281,383       $18,471   1.27         $3,300,000    5/4/98     
  133    Barbur Place Center                                         $243,992       $14,720   1.38         $3,100,000   7/24/98     
  134    Samoan Sea Apartments                                       $339,166       $17,735   1.59         $3,200,000   4/29/98     
  135    4759 51 Street Warehouse                                    $240,701       $14,879   1.35         $3,000,000   6/12/98     
  136    20650 Prairie                                               $559,252       $20,299   2.30         $6,160,000   4/30/98     
  137    Sierra West Business Park                                   $279,464       $16,725   1.39         $3,100,000    3/6/98     
  138    PetsMart-Sand City                                          $335,216       $16,852   1.66         $4,000,000    5/7/98     
  139    Mesa Breeze Apartments                                      $294,053       $13,816   1.77         $3,600,000   2/26/98     
  140    Palm Garden Apartments                                      $302,947       $14,943   1.69         $3,950,000   5/30/98     
  141    Harvard Apartments                                          $272,265       $14,153   1.60         $2,825,000   1/30/98     
  142    Safeworks Warehouse                                         $216,964       $14,326   1.26         $2,800,000   8/12/98     
  143    Garden Brook Apartments                                     $327,273       $13,495   2.02         $4,525,000    6/4/98     
  144    Lynmarie Apartments                                         $483,879       $13,495   2.99         $6,525,000    6/5/98     
  145    Storey Plastics Building                                    $335,730       $14,789   1.89         $3,700,000   5/15/98     
  146    Casa de Jerado                                              $418,460       $16,199   2.15         $3,470,000   4/13/98     
  147    Palm Central South                                          $393,458       $16,199   2.02         $3,580,000   4/13/98     
  148    Barnes - 380 Tennant Ave (D)                                $117,611        $7,380   1.39         $1,600,000   6/10/98     
  149    Barnes - 6550 Brem Lane (D)                                  $82,446        $4,797   1.39           $920,000   6/12/98     
  150    Barnes - Santa Cruz (D)                                      $54,711        $3,137   1.39           $700,000    6/8/98     
  151    Arctic Business Park III                                    $304,588       $16,228   1.56         $3,000,000   6/26/98     
  152    Savannah Gardens Apartments                                 $224,806       $13,902   1.35         $2,500,000   5/23/98     
  153    Markison Vista                                              $295,478       $13,239   1.86         $3,430,000    6/9/98     
  154    London Press Building                                       $404,416       $18,055   1.87         $5,300,000   4/14/98     
  155    Canal Park Apartments                                       $224,349       $13,799   1.35         $2,640,000    5/4/98     
  156    Hayvenhurst Airport Business Park                           $276,300       $14,164   1.63         $2,825,000    4/8/98     
  157    Bashas' Shopping Center                                     $213,992       $15,839   1.13         $2,750,000    3/4/98     
  158    15th & 16th Street Warehouse                                $199,480       $12,948   1.28         $2,400,000    5/7/98     
  159    Raintree Apartments                                         $268,641       $13,211   1.69         $2,885,000   4/14/98     
  160    Lindys Town Lake Apartments                                 $243,595       $12,333   1.65         $2,700,000   1/30/98     
  161    Discount Mini Storage North                                 $285,706       $13,179   1.81         $2,860,000   12/26/97    
  162    1207-15 Pearl Street Mall                                   $268,983       $12,672   1.77         $3,230,000    4/9/98     
</TABLE>

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------
                                                                          PERCENT LEASED(9)   
  LOAN                                                                    -----------------   
   NO.                    PROPERTY NAME(2)                       LTV(4)   LEASED      DATE    
- ----------------------------------------------------------------------------------------------
<S>                                                              <C>      <C>     <C>         
  109    Veteran Plaza                                            61.4%   100.0%    6/1/98    
  110    Rolling Hills Apartments                                 42.6%    99.0%    3/5/98    
  111    Four Corners Shopping Center                             62.9%   100.0%    8/6/98    
  112    Rimrock Plaza Shopping Center                            52.5%    87.9%   6/30/98    
  113    Orchard View Apartments                                  66.3%    98.3%   6/30/98    
  114    Secure Self Storage of Old Town                          75.2%    95.7%  11/30/98    
  115    Waterford Place Condominiums                             74.6%   100.0%    7/1/98    
  116    Nimitz Point Apartments                                  75.3%    98.0%   1/28/98    
  117    Physician's Plaza                                        74.7%   100.0%   6/30/98    
  118    Artesia Mobile Home Estates                              52.4%    96.8%   7/16/98    
  119    Del Prado Apartments                                     74.0%   100.0%   6/30/98    
  120    Concord Villas                                           73.1%    99.0%    8/2/98    
  121    San Mateo Office Complex                                 49.6%   100.0%    8/3/98    
  122    Colonial Arms Apartments                                 74.3%    95.0%   2/28/98    
  123    Westport Apartments                                      52.7%    89.5%   6/30/98    
  124    Marina Self Storage                                      71.1%    96.0%   8/10/98    
  125    Americana Palos Verdes Apartments                        69.2%   100.0%   7/10/98    
  126    Grand York Shopping Center                               40.1%   100.0%   6/30/98    
  127    Brooktree Estates Apartments                             59.8%    90.0%   3/23/98    
  128    Daily California Building                                60.2%    94.0%    8/4/98    
  129    The Regent-Chicago                                       51.9%   100.0%   6/11/98    
  130    Lyons Shopping Center                                    74.2%   100.0%   6/30/98    
  131    Renaissance Tech                                         71.9%   100.0%    7/5/98    
  132    Columbian Steel Tank Co.                                 71.9%   100.0%   9/10/98    
  133    Barbur Place Center                                      74.0%    96.2%    9/1/98    
  134    Samoan Sea Apartments                                    70.9%    90.0%    8/5/98    
  135    4759 51 Street Warehouse                                 74.7%   100.0%   7/28/98    
  136    20650 Prairie                                            35.8%   100.0%   7/27/98    
  137    Sierra West Business Park                                71.0%   100.0%   7/29/98    
  138    PetsMart-Sand City                                       54.2%   100.0%   6/15/98    
  139    Mesa Breeze Apartments                                   59.4%    96.8%   4/13/98    
  140    Palm Garden Apartments                                   53.9%    98.1%   6/25/98    
  141    Harvard Apartments                                       74.7%   100.0%    5/7/98    
  142    Safeworks Warehouse                                      74.7%   100.0%   8/12/98    
  143    Garden Brook Apartments                                  46.2%    98.3%    7/6/98    
  144    Lynmarie Apartments                                      32.0%    93.5%    7/6/98    
  145    Storey Plastics Building                                 56.3%   100.0%    8/1/98    
  146    Casa de Jerado                                           59.7%   100.0%   6/30/98    
  147    Palm Central South                                       57.9%    97.4%   6/30/98    
  148    Barnes - 380 Tennant Ave (D)                             64.0%   100.0%   6/19/98    
  149    Barnes - 6550 Brem Lane (D)                              64.0%   100.0%   6/19/98    
  150    Barnes - Santa Cruz (D)                                  64.0%   100.0%   6/19/98    
  151    Arctic Business Park III                                 67.7%    96.0%    8/1/98    
  152    Savannah Gardens Apartments                              79.7%    94.2%   5/15/98    
  153    Markison Vista                                           58.0%   100.0%   6/11/98    
  154    London Press Building                                    37.0%   100.0%    7/1/98    
  155    Canal Park Apartments                                    73.9%    97.2%    7/1/98    
  156    Hayvenhurst Airport Business Park                        68.4%    90.2%   9/18/98    
  157    Bashas' Shopping Center                                  69.0%   100.0%    3/1/98    
  158    15th & 16th Street Warehouse                             78.9%   100.0%   7/31/98    
  159    Raintree Apartments                                      65.3%    95.8%   6/30/98    
  160    Lindys Town Lake Apartments                              68.2%    91.2%   5/12/98    
  161    Discount Mini Storage North                              63.3%    89.1%   3/12/98    
  162    1207-15 Pearl Street Mall                                55.5%   100.0%    7/1/98    
</TABLE>

<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------
                                                           TENANT INFORMATION(10)
  LOAN                                                     ----------------------          TAX    INSURANCE    REPLACEMENT
   NO.                    PROPERTY NAME(2)       LARGEST TENANT                  % NSF    ESCROW   ESCROW      RESERVES(11)
- ---------------------------------------------------------------------------------------------------------------------------
<S>                                              <C>                             <C>      <C>     <C>          <C>              
  109    Veteran Plaza                                                                    Yes       No          No
  110    Rolling Hills Apartments                                                         Yes       No          No
  111    Four Corners Shopping Center                                                     Yes       No          No
  112    Rimrock Plaza Shopping Center           Safeway (Von's)                  49.1%   No        No          No
  113    Orchard View Apartments                                                          Yes      Yes          No
  114    Secure Self Storage of Old Town                                                  Yes       No          No
  115    Waterford Place Condominiums                                                     Yes      Yes         Yes
  116    Nimitz Point Apartments                                                          Yes       No          No
  117    Physician's Plaza                       Kaiser                           61.7%   Yes      Yes          No
  118    Artesia Mobile Home Estates                                                      Yes      Yes          No
  119    Del Prado Apartments                                                             Yes      Yes          No
  120    Concord Villas                                                                   No        No          No
  121    San Mateo Office Complex                Golden Gate Regional             31.4%   Yes      Yes          No
  122    Colonial Arms Apartments                                                         Yes      Yes          Yes
  123    Westport Apartments                                                              Yes      Yes          No
  124    Marina Self Storage                                                              Yes       No          No
  125    Americana Palos Verdes Apartments                                                No        No          No
  126    Grand York Shopping Center              Mars Supermarkets                57.0%   No        No          No
  127    Brooktree Estates Apartments                                                     No        No          No
  128    Daily California Building               Central Publishing               35.5%   Yes       No          No
  129    The Regent-Chicago                      Lucent Technologies              26.5%   No        No          No
  130    Lyons Shopping Center                   Wally Findlay Gallery Int'l.     55.6%   Yes      Yes          Yes
  131    Renaissance Tech                        Smart & Final                    56.4%   Yes      Yes          No
  132    Columbian Steel Tank Co.                Columbian Steel                 100.0%   No        No          No
  133    Barbur Place Center                                                              Yes      Yes         Yes
  134    Samoan Sea Apartments                                                            Yes       No          No
  135    4759 51 Street Warehouse                                                         Yes      Yes         Yes
  136    20650 Prairie                           General Ribbon Corp.            100.0%   Yes       No          No
  137    Sierra West Business Park               Fares                            25.5%   Yes      Yes          No
  138    PetsMart-Sand City                      PetsMart                        100.0%   No        No          No
  139    Mesa Breeze Apartments                                                           Yes      Yes          No
  140    Palm Garden Apartments                                                           Yes       No          No
  141    Harvard Apartments                                                               Yes      Yes          No
  142    Safeworks Warehouse                     Safeworks                       100.0%   Yes      Yes          Yes
  143    Garden Brook Apartments                                                          Yes      Yes          No
  144    Lynmarie Apartments                                                              Yes      Yes          No
  145    Storey Plastics Building                Story Plastics                  100.0%   No        No          No
  146    Casa de Jerado                                                                   Yes       No          No
  147    Palm Central South                                                               Yes       No          No
  148    Barnes - 380 Tennant Ave (D)            Nova Microwave                   25.4%   Yes      Yes          No
  149    Barnes - 6550 Brem Lane (D)             Products Plus                    39.2%   Yes      Yes          No
  150    Barnes - Santa Cruz (D)                 North American Title            100.0%   Yes      Yes          No
  151    Arctic Business Park III                                                         Yes       No          No
  152    Savannah Gardens Apartments                                                      Yes      Yes          Yes
  153    Markison Vista                          Atrium-Web Technology            32.2%   No        No          No
  154    London Press Building                   London Press, Inc               100.0%   Yes      Yes          No
  155    Canal Park Apartments                                                            No        No          No
  156    Hayvenhurst Airport Business Park                                                Yes      Yes          No
  157    Bashas' Shopping Center                 Bashas'                          76.7%   Yes      Yes          No
  158    15th & 16th Street Warehouse                                                     Yes      Yes          Yes
  159    Raintree Apartments                                                              Yes      Yes          No
  160    Lindys Town Lake Apartments                                                      Yes      Yes          Yes
  161    Discount Mini Storage North                                                      Yes      Yes          No
  162    1207-15 Pearl Street Mall               Alleycatz                        33.7%   Yes      Yes          No
</TABLE>                                                          


                                     II-15
<PAGE>   18
APPENDIX II

CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY OPERATING INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                
  LOAN                                                          UNDERWRITABLE     MONTHLY                  APPRAISED    VALUATION   
   NO.                    PROPERTY NAME(2)                        CASH FLOW      PAYMENT(8)   DSCR(4)        VALUE         DATE     
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>              <C>          <C>          <C>         <C>         
  163    Midway Park North                                           $296,339       $11,816   2.09         $3,530,000    6/9/98     
  164    Winchester House Apartments                                 $275,761       $14,488   1.59         $2,650,000   12/8/95     
  165    740 W. Knox                                                 $236,847       $16,270   1.21         $2,800,000   6/12/98     
  166    Normandie Apartments                                        $266,618       $15,456   1.44         $2,950,000   2/10/94     
  167    Oakmont Shopping Center                                     $218,457       $12,779   1.42         $2,750,000    6/3/98     
  168    Coral Place Pilgrim Building Shopping Center                $194,644       $11,662   1.39         $2,300,000   7/20/98     
  169    1730 I Street                                               $215,927       $12,386   1.45         $2,280,000    6/5/98     
  170    Western Digital Building                                    $225,641       $12,222   1.54         $2,500,000   6/15/98     
  171    Casa Alegre Apartments                                      $256,520       $13,017   1.64         $2,370,000   4/30/98     
  172    Rodeo Plaza                                                 $234,992       $12,674   1.55         $2,440,000   5/11/98     
  173    Casa Del Sol North (E)                                      $128,638        $6,626   1.90         $1,270,000   4/30/98     
  174    Casa Del Sol South (E)                                      $157,721        $5,902   1.90         $1,430,000   4/30/98     
  175    Staples-Southington                                         $225,444       $11,771   1.60         $3,000,000   4/15/98     
  176    55th & Wadsworth Retail Center                              $207,736       $11,078   1.56         $2,330,000   5/11/98     
  177    OMA Building                                                $205,287       $11,565   1.48         $2,200,000    6/3/98     
  178    Cleator Corp Buildings                                      $204,818       $11,370   1.50         $2,400,000   6/12/98     
  179    Hidden Village Apartments                                   $388,552       $12,472   2.60         $4,000,000   2/17/98     
  180    Arctic Business Park II                                     $232,052       $12,428   1.56         $2,435,000   7/21/98     
  181    Eckerd Drug Store No. 816R                                  $221,886       $11,961   1.55         $2,620,000    6/3/98     
  182    Willow Glen Mobile Home Park                                $183,392       $10,069   1.52         $2,200,000   4/29/98     
  183    940 E. Diehl Road                                           $225,064        $9,575   1.96         $2,460,000   5/22/98     
  184    Gateway Office Center                                       $179,824       $10,794   1.39         $1,970,000   7/31/98     
  185    Laguna Hills Property                                       $200,604       $10,621   1.57         $2,400,000   7/31/98     
  186    Rancho Dominguez                                            $224,258       $10,602   1.76         $2,265,000    5/1/98     
  187    The Hampton Apartments                                      $184,129        $9,939   1.54         $2,200,000  11/25/97    
  188    Redwood Self Storage                                        $344,899       $10,794   2.66         $3,300,000   3/10/98     
  189    Hewlett Packard Bldg.                                       $244,306       $10,573   1.93         $2,740,000   4/10/98     
  190    Spenwick Industrial Park                                    $195,475       $11,139   1.46         $2,200,000   3/24/98     
  191    Lancaster Medical Office Building                           $200,768       $14,145   1.18         $2,200,000   5/14/98     
  192    Dorchester Gardens Apartments                               $202,324       $12,078   1.40         $2,200,000   12/9/97     
  193    Safeway-Marlow Center                                       $496,910       $17,672   2.34         $5,000,000   4/13/98     
  194    Keylock Mini Storage                                        $316,543       $13,228   1.99         $3,360,000  12/26/97    
  195    53rd Court Warehouse                                        $156,264        $9,352   1.39         $2,000,000    5/7/98     
  196    Stadium Court                                               $226,225       $10,151   1.86         $2,370,000   3/30/98     
  197    Oakhurst Drive Apartments                                   $137,874        $9,144   1.26         $1,950,000  12/29/97    
  198    4602 North Avenue                                           $216,889        $9,708   1.86         $2,380,000    4/3/98     
  199    Cal Plate, Inc. Buildings                                   $157,269       $11,015   1.19         $1,850,000   5/28/98     
  200    McKinley Business Center                                    $171,424        $9,678   1.48         $2,170,000    6/7/98     
  201    Rite Aid - Cleveland                                        $209,378        $8,748   1.99         $2,280,000   4/22/98     
  202    77 Rumford Avenue Office Building                           $171,046        $9,081   1.57         $2,400,000   6/15/98     
  203    Herndon/West Office II (F)                                   $97,703        $4,623   1.81         $1,100,000   3/23/98     
  204    Herndon/West Office I (F)                                   $100,366        $4,520   1.81         $1,100,000   3/23/98     
  205    Daisy I Apartments                                          $142,877        $8,844   1.35         $1,825,000   3/27/98     
  206    Sunset East Apartments                                      $164,801        $9,085   1.51         $1,990,000   7/17/98     
  207    Overlook Terrace Apts.                                      $159,043        $9,020   1.47         $1,720,000    6/9/98     
  208    2275 East Bayshore Road                                     $242,845        $9,975   2.03         $2,960,000   5/15/98     
  209    Darant Industrial                                           $189,674       $10,930   1.45         $1,975,000    7/1/98     
  210    354 S. La Fayette Park Place                                $149,981        $8,300   1.51         $1,600,000   6/10/98     
  211    22322 Gilberto                                              $183,070       $11,257   1.36         $2,150,000   5/19/98     
  212    Parkview                                                    $278,973        $8,010   2.90         $2,900,000    6/9/98     
  213    Las Olas Shopping Center                                    $133,908        $8,113   1.38         $1,700,000    8/6/98     
  214    1841 Fuller Apartments                                      $158,383        $8,032   1.64         $1,900,000   7/28/98     
  215    Brighton Avenue Plaza Shopping Center                       $235,376        $8,985   2.18         $3,600,000   6/29/97     
  216    Tiffany Building                                            $158,463        $8,458   1.56         $1,740,000   5/18/98     
</TABLE>

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------
                                                                          PERCENT LEASED(9)   
  LOAN                                                                    -----------------   
   NO.                    PROPERTY NAME(2)                       LTV(4)   LEASED      DATE    
- ----------------------------------------------------------------------------------------------
<S>                                                              <C>      <C>    <C>         
  163    Midway Park North                                        50.3%   100.0%   6/11/98    
  164    Winchester House Apartments                              66.9%    96.1%   7/22/98    
  165    740 W. Knox                                              63.1%   100.0%    8/1/98    
  166    Normandie Apartments                                     59.5%    94.6%    7/1/98    
  167    Oakmont Shopping Center                                  63.2%   100.0%    8/5/98    
  168    Coral Place Pilgrim Building Shopping Center             74.9%    93.6%   10/1/98    
  169    1730 I Street                                            74.2%   100.0%    8/3/98    
  170    Western Digital Building                                 67.6%   100.0%    7/9/98    
  171    Casa Alegre Apartments                                   70.7%    93.4%    8/5/98    
  172    Rodeo Plaza                                              68.2%    98.9%   5/12/98    
  173    Casa Del Sol North (E)                                   60.2%    92.5%    7/7/98    
  174    Casa Del Sol South (E)                                   60.2%    92.0%   3/13/98    
  175    Staples-Southington                                      53.9%   100.0%   9/17/98    
  176    55th & Wadsworth Retail Center                           68.4%   100.0%   4/17/98    
  177    OMA Building                                             72.3%   100.0%    7/1/98    
  178    Cleator Corp Buildings                                   66.2%   100.0%   6/30/98    
  179    Hidden Village Apartments                                39.4%    94.6%   8/26/98    
  180    Arctic Business Park II                                  63.9%    92.0%   7/16/98    
  181    Eckerd Drug Store No. 816R                               58.6%   100.0%    5/1/98    
  182    Willow Glen Mobile Home Park                             69.0%    97.7%   6/30/98    
  183    940 E. Diehl Road                                        60.7%   100.0%   8/20/98    
  184    Gateway Office Center                                    75.7%    93.5%   7/29/98    
  185    Laguna Hills Property                                    62.1%   100.0%    7/1/98    
  186    Rancho Dominguez                                         65.9%   100.0%    4/7/98    
  187    The Hampton Apartments                                   67.7%   100.0%   3/18/98    
  188    Redwood Self Storage                                     45.1%    98.0%    7/1/98    
  189    Hewlett Packard Bldg.                                    54.2%   100.0%   9/17/98    
  190    Spenwick Industrial Park                                 67.6%   100.0%   1/11/99    
  191    Lancaster Medical Office Building                        66.7%   100.0%   6/19/98    
  192    Dorchester Gardens Apartments                            65.0%    97.4%   7/17/98    
  193    Safeway-Marlow Center                                    28.4%    96.8%    8/1/98    
  194    Keylock Mini Storage                                     42.1%    92.4%    1/7/98    
  195    53rd Court Warehouse                                     69.8%   100.0%   7/31/98    
  196    Stadium Court                                            58.6%    89.0%   6/30/98    
  197    Oakhurst Drive Apartments                                70.3%   100.0%    4/2/98    
  198    4602 North Avenue                                        56.6%   100.0%   5/21/98    
  199    Cal Plate, Inc. Buildings                                72.3%   100.0%    8/1/98    
  200    McKinley Business Center                                 61.5%    95.0%   7/28/98    
  201    Rite Aid - Cleveland                                     58.3%   100.0%    8/1/98    
  202    77 Rumford Avenue Office Building                        54.0%   100.0%   11/1/98    
  203    Herndon/West Office II (F)                               58.6%   100.0%   7/14/98    
  204    Herndon/West Office I (F)                                58.6%   100.0%   7/14/98    
  205    Daisy I Apartments                                       70.3%   100.0%   5/22/98    
  206    Sunset East Apartments                                   64.5%   100.0%   7/27/98    
  207    Overlook Terrace Apts.                                   73.6%   100.0%   6/18/98    
  208    2275 East Bayshore Road                                  41.7%   100.0%   5/26/98    
  209    Darant Industrial                                        62.5%   100.0%    6/1/98    
  210    354 S. La Fayette Park Place                             77.1%    92.7%    4/1/98    
  211    22322 Gilberto                                           56.4%   100.0%    8/1/98    
  212    Parkview                                                 41.5%   100.0%   6/11/98    
  213    Las Olas Shopping Center                                 70.4%   100.0%    9/1/98    
  214    1841 Fuller Apartments                                   62.9%    96.4%   5/18/98    
  215    Brighton Avenue Plaza Shopping Center                    33.1%   100.0%  12/11/98   
  216    Tiffany Building                                         68.4%   100.0%   7/30/98    
</TABLE>

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                  TENANT INFORMATION(10)    
  LOAN                                                            ----------------------             TAX    INSURANCE   REPLACEMENT
   NO.                    PROPERTY NAME(2)              LARGEST TENANT                      % NSF   ESCROW   ESCROW     RESERVES(11)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                     <C>                                 <C>     <C>     <C>         <C> 
  163    Midway Park North                                                                          No       No          No
  164    Winchester House Apartments                                                                Yes      Yes         Yes
  165    740 W. Knox                                    SW Mold                             100.0%  No       No          No
  166    Normandie Apartments                                                                       Yes      Yes         Yes
  167    Oakmont Shopping Center                                                                    Yes      Yes         No
  168    Coral Place Pilgrim Building Shopping Center   Senior Care                          25.6%  Yes      Yes         Yes
  169    1730 I Street                                  State of CA-Dept of F & G            46.2%  No       No          No
  170    Western Digital Building                       Western Digital Corp.               100.0%  Yes      No          No
  171    Casa Alegre Apartments                                                                     Yes      No          No
  172    Rodeo Plaza                                                                                Yes      Yes         No
  173    Casa Del Sol North (E)                                                                     Yes      No          No
  174    Casa Del Sol South (E)                                                                     Yes      No          No
  175    Staples-Southington                            Staples                             100.0%  Yes      Yes         No
  176    55 th & Wadsworth Retail Center                Mattress Discounters                 29.6%  Yes      No          No
  177    OMA Building                                   OMA                                  43.6%  No       No          No
  178    Cleator Corp Buildings                         Cleator Corporation                  71.6%  Yes      Yes         No
  179    Hidden Village Apartments                                                                  Yes      Yes         No
  180    Arctic Business Park II                                                                    Yes      No          No
  181    Eckerd Drug Store No. 816R                     Eckerd Drug Store                   100.0%  Yes      Yes         No
  182    Willow Glen Mobile Home Park                                                               Yes      No          No
  183    940 E. Diehl Road                              Power 2000                           47.1%  Yes      Yes         No
  184    Gateway Office Center                          Rapistan Demag                       36.5%  Yes      Yes         No
  185    Laguna Hills Property                          County of Orange                     32.3%  Yes      Yes         No
  186    Rancho Dominguez                               Showpower, Inc.                     100.0%  No       No          No
  187    The Hampton Apartments                                                                     No       No          No
  188    Redwood Self Storage                                                                       Yes      Yes         No
  189    Hewlett Packard Bldg.                          Hewlett Packard                     100.0%  Yes      Yes         No
  190    Spenwick Industrial Park                       Pioneer Contract                    100.0%  Yes      Yes         No
  191    Lancaster Medical Office Building              Lancaster Hospital                  100.0%  No       No          No
  192    Dorchester Gardens Apartments                                                              Yes      Yes         Yes
  193    Safeway-Marlow Center                          Ben Franklin Crafts                  38.9%  Yes      No          Yes
  194    Keylock Mini Storage                                                                       Yes      Yes         No
  195    53rd Court Warehouse                           Quantum Fine Casework               100.0%  Yes      Yes         Yes
  196    Stadium Court                                                                              Yes      Yes         No
  197    Oakhurst Drive Apartments                                                                  Yes      Yes         Yes
  198    4602 North Avenue                              Federal Sign Company                100.0%  No       No          No
  199    Cal Plate, Inc. Buildings                      Cal Plate, Inc.                     100.0%  No       No          No
  200    McKinley Business Center                                                                   Yes      No          No
  201    Rite Aid - Cleveland                           Rite Aid Drug Store                 100.0%  No       No          No
  202    77 Rumford Avenue Office Building              Warren Business Forms                20.3%  Yes      Yes        Yes
  203    Herndon/West Office II (F)                     Chambers-Lorenz                      40.2%  Yes      No          No
  204    Herndon/West Office I (F)                      Anethesia                            39.1%  Yes      No          No
  205    Daisy I Apartments                                                                         Yes      Yes         No
  206    Sunset East Apartments                                                                     Yes      Yes         No
  207    Overlook Terrace Apts.                                                                     Yes      Yes         No
  208    2275 East Bayshore Road                        Asset Management                     36.6%  No       No          No
  209    Darant Industrial                              Darant Distributing                 100.0%  Yes      Yes         No
  210    354 S. La Fayette Park Place                                                               Yes      Yes         No
  211    22322 Gilberto                                 Forespar Products                   100.0%  No       No          No
  212    Parkview                                       Flowdata, Inc.                       27.0%  No       No          No
  213    Las Olas Shopping Center                       The Beauty Center                    53.3%  Yes      Yes         Yes
  214    1841 Fuller Apartments                                                                     Yes      Yes         No
  215    Brighton Avenue Plaza Shopping Center          Osco Drug (American Stores Prop.I)   54.1%  No       No          No
  216    Tiffany Building                               Provenance                           52.2%  Yes      Yes         No
</TABLE>



                                     II-16
<PAGE>   19
APPENDIX II

CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY OPERATING INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                
  LOAN                                                          UNDERWRITABLE     MONTHLY                  APPRAISED    VALUATION   
   NO.                    PROPERTY NAME(2)                        CASH FLOW      PAYMENT(8)   DSCR(4)        VALUE         DATE     
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>              <C>          <C>          <C>          <C>         
  217    Ballinger Trace Apts.                                       $156,938       $11,009   1.19         $2,270,000   3/23/98     
  218    Freeway Industrial Center                                   $146,252        $8,365   1.46         $1,600,000   4/20/98     
  219    Villa Monaco                                                $159,409        $7,465   1.78         $1,650,000    3/6/98     
  220    Cheyenne Mountain Blockbuster                               $148,382        $7,759   1.59         $1,650,000    6/5/98     
  221    Sunset Hill Apartments                                      $144,917        $8,031   1.50         $1,550,000    6/8/98     
  222    Le Med Apartments                                           $227,052        $7,366   2.57         $3,000,000   6/17/98     
  223    Kerner Automotive Center                                    $188,702        $7,838   2.01         $2,300,000   6/20/98     
  224    Bachman Glen Apartments                                     $207,107        $7,635   2.26         $1,500,000   6/17/98     
  225    Westview Plaza                                              $205,316        $8,734   1.96         $2,000,000    6/1/98     
  226    Fairmont Apartments                                         $163,902        $8,535   1.60         $1,680,000   4/27/98     
  227    Commerce-Executive                                          $374,679        $7,182   4.35         $3,650,000    6/9/98     
  228    St. Andrews Apartments                                      $143,757        $7,185   1.67         $1,350,000   5/18/98     
  229    Dunbar Amored Building                                      $119,916        $7,087   1.41         $1,460,000   11/12/97    
  230    631 Giguere Court                                           $142,954        $7,519   1.58         $1,750,000   7/14/98     
  231    Woodfront Condominiums                                      $141,356        $7,014   1.68         $1,310,000   2/17/98     
  232    Coral Shopping Center                                       $115,829        $6,587   1.47         $1,400,000   7/20/98     
  233    Morally Wholesale                                           $154,130       $10,860   1.18         $1,600,000   4/20/98     
  234    Emerald Court Apartments                                    $140,555        $6,760   1.73         $1,700,000   4/10/98     
  235    1500 International Parkway                                  $219,448        $6,653   2.75         $2,700,000    6/9/98     
  236    4801 W. 147th                                               $140,882        $6,727   1.75         $1,540,000   3/16/98     
  237    7225 & 7235 Bermuda Road                                    $136,717        $7,485   1.52         $1,525,000    8/4/98     
  238    150 North Gibson Road                                       $169,036        $7,485   1.88         $2,100,000    8/3/98     
  239    San Carlos Apartments                                       $162,660        $6,347   2.14         $1,800,000   5/15/98     
  240    Daisy III Apartments                                        $111,829        $6,856   1.36         $1,525,000   3/27/98     
  241    Evergreen Garden Apts.                                      $148,336        $6,871   1.80         $1,900,000    8/3/98     
  242    Albermarle Center                                           $141,872        $7,357   1.61         $2,200,000    5/5/98     
  243    The Village at Weber Ranch                                  $142,322        $7,164   1.66         $1,755,000   4/23/98     
  244    U-Stor George Washington                                    $207,350        $7,849   2.20         $2,050,000    6/5/98     
  245    1410 W. 10th Pl.                                            $121,103        $7,786   1.30         $1,350,000    5/6/98     
  246    Memorial Hills Townhomes                                    $156,546        $7,873   1.66         $1,400,000    4/2/98     
  247    Espalier Square                                             $157,538        $9,129   1.44         $1,800,000    7/9/98     
  248    Mission Plaza                                               $160,949        $6,454   2.08         $2,250,000    6/4/98     
  249    Huebner Road Office Buildings                               $228,296       $11,642   1.63         $2,780,000   6/29/98     
  250    Kickapoo Plaza Shopping Center                              $121,015        $7,058   1.43         $1,335,000   3/16/98     
  251    Cascade Optical Buildings                                   $102,698        $7,745   1.11         $1,255,000   4/20/98     
  252    The 3700 Building                                           $120,745        $6,635   1.52         $1,400,000   7/11/98     
  253    Daisy IV Apartments                                          $99,394        $6,170   1.34         $1,150,000   3/25/98     
  254    2201 Sturgis                                                $153,305        $6,811   1.88         $1,950,000   7/29/98     
  255    Petal Street                                                $260,868        $5,924   3.67         $2,600,000    6/9/98     
  256    Thrifty Payless, Laguna Niguel (IV)                          $69,735        $3,285   1.77         $1,750,000   10/9/97     
  257    Thrifty Payless, Bellflower (IV)                             $69,735        $3,285   1.77         $1,220,000   10/9/97     
  258    Jam Pharmaceutical                                          $117,057        $7,148   1.36         $1,400,000   5/11/98     
  259    Sonora Court                                                $307,152        $6,718   3.81         $3,200,000    6/4/98     
  260    Parkway Square                                              $413,493        $5,362   6.43         $4,090,000    6/4/98     
  261    Glenbrook Place Apartments                                  $102,264        $7,045   1.21         $1,930,000   6/30/98     
  262    4625 West Jennifer Avenue                                    $91,633        $5,577   1.37         $1,000,000   4/20/98     
  263    Commercial Building West Lake Village                       $147,747        $6,931   1.78         $1,615,000    7/6/98     
  264    South Park Apartments                                        $95,197        $4,824   1.64         $1,065,000   4/10/98     
  265    Reseda Mobile Homes                                         $350,222        $6,787   4.30         $3,840,000   6/16/98     
  266    Murphy Avenue                                               $106,853        $5,281   1.69         $1,200,000   5/18/98     
  267    10925 Kinross Avenue                                        $223,093        $5,066   3.67         $2,640,000   3/16/98     
  268    4 Wrigley Street                                            $106,516        $4,666   1.90         $1,150,000   5/15/98     
  269    9 Marconi Street                                            $105,211        $4,630   1.89         $1,120,000   5/18/98     
  270    Westridge Commerce Center                                   $155,361        $3,757   3.45         $1,800,000   6/19/98     
</TABLE>

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------
                                                                          PERCENT LEASED(9)   
  LOAN                                                                    -----------------   
   NO.                    PROPERTY NAME(2)                       LTV(4)   LEASED      DATE    
- ----------------------------------------------------------------------------------------------
<S>                                                              <C>      <C>     <C>         
  217    Ballinger Trace Apts.                                    51.4%   100.0%   7/13/98     
  218    Freeway Industrial Center                                72.8%   100.0%    2/1/98     
  219    Villa Monaco                                             69.0%    97.5%    7/8/98     
  220    Cheyenne Mountain Blockbuster                            67.9%   100.0%   6/24/98     
  221    Sunset Hill Apartments                                   71.4%    93.0%    7/1/98     
  222    Le Med Apartments                                        36.5%    99.0%   5/31/98     
  223    Kerner Automotive Center                                 47.6%   100.0%   7/30/98     
  224    Bachman Glen Apartments                                  72.9%   100.0%   6/27/98     
  225    Westview Plaza                                           54.4%    98.9%   7/22/98     
  226    Fairmont Apartments                                      64.5%    97.6%    8/5/98     
  227    Commerce-Executive                                       29.6%   100.0%   6/11/98     
  228    St. Andrews Apartments                                   79.6%   100.0%   5/31/98     
  229    Dunbar Amored Building                                   72.5%   100.0%   6/24/98     
  230    631 Giguere Court                                        59.7%   100.0%   7/27/98     
  231    Woodfront Condominiums                                   79.6%   100.0%   6/30/98     
  232    Coral Shopping Center                                    73.0%   100.0%   10/1/98     
  233    Morally Wholesale                                        63.6%   100.0%    1/1/98     
  234    Emerald Court Apartments                                 59.0%   100.0%   7/14/98     
  235    1500 International Parkway                               37.0%   100.0%   6/11/98     
  236    4801 W. 147th                                            64.6%   100.0%   6/30/98     
  237    7225 & 7235 Bermuda Road                                 65.0%   100.0%   8/14/98     
  238    150 North Gibson Road                                    47.2%   100.0%   8/14/98     
  239    San Carlos Apartments                                    55.3%    89.0%   8/10/98     
  240    Daisy III Apartments                                     65.2%   100.0%   5/18/98     
  241    Evergreen Garden Apts.                                   52.3%    95.6%   6/30/98     
  242    Albermarle Center                                        45.2%    92.0%   7/27/98     
  243    The Village at Weber Ranch                               56.5%   100.0%   8/20/98     
  244    U-Stor George Washington                                 48.3%    99.1%   6/18/98     
  245    1410 W. 10th Pl.                                         73.1%   100.0%    8/5/98     
  246    Memorial Hills Townhomes                                 70.5%   100.0%   6/30/98     
  247    Espalier Square                                          54.7%   100.0%    7/1/98     
  248    Mission Plaza                                            43.1%    99.0%   6/11/98     
  249    Huebner Road Office Buildings                            34.7%   100.0%   6/24/98     
  250    Kickapoo Plaza Shopping Center                           71.4%    98.0%   7/14/98     
  251    Cascade Optical Buildings                                74.1%   100.0%    6/2/98     
  252    The 3700 Building                                        65.6%   100.0%    7/7/98     
  253    Daisy IV Apartments                                      77.8%   100.0%   5/18/98     
  254    2201 Sturgis                                             45.8%   100.0%   6/18/98     
  255    Petal Street                                             34.2%    94.9%   6/11/98     
  256    Thrifty Payless, Laguna Niguel (IV)                      29.9%   100.0%   10/1/97     
  257    Thrifty Payless, Bellflower (IV)                         29.9%   100.0%   10/1/97     
  258    Jam Pharmaceutical                                       62.7%   100.0%    8/1/98     
  259    Sonora Court                                             26.2%   100.0%    4/1/98     
  260    Parkway Square                                           19.7%   100.0%   6/11/98     
  261    Glenbrook Place Apartments                               38.9%    98.0%    6/1/98     
  262    4625 West Jennifer Avenue                                74.5%   100.0%   7/31/98     
  263    Commercial Building West Lake Village                    45.7%   100.0%    8/4/98     
  264    South Park Apartments                                    69.1%   100.0%    7/8/98     
  265    Reseda Mobile Homes                                      19.2%    96.3%    7/1/98     
  266    Murphy Avenue                                            60.3%   100.0%   4/17/98     
  267    10925 Kinross Avenue                                     26.3%   100.0%    2/9/98     
  268    4 Wrigley Street                                         55.7%   100.0%   4/17/98     
  269    9 Marconi Street                                         56.7%   100.0%   4/17/98     
  270    Westridge Commerce Center                                27.6%   100.0%   7/30/98     
</TABLE>                                                    

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------
                                                            TENANT INFORMATION(10)
  LOAN                                                      ----------------------          TAX    INSURANCE    REPLACEMENT
   NO.                    PROPERTY NAME(2)        LARGEST TENANT                  % NSF    ESCROW   ESCROW      RESERVES(11)
- ----------------------------------------------------------------------------------------------------------------------------
<S>                                               <C>                             <C>      <C>     <C>          <C>              
  217    Ballinger Trace Apts.                                                              Yes      Yes          No
  218    Freeway Industrial Center                American Intl.                    34.8%   Yes       No          No
  219    Villa Monaco                                                                       Yes      Yes          No
  220    Cheyenne Mountain Blockbuster            Blockbuster Videos                71.2%   Yes       No          No
  221    Sunset Hill Apartments                                                             Yes      Yes          No
  222    Le Med Apartments                                                                  Yes       No          No
  223    Kerner Automotive Center                 Crebassa Auto Body                29.9%   Yes       No          No
  224    Bachman Glen Apartments                                                            Yes      Yes         Yes
  225    Westview Plaza                                                                     No        No          No
  226    Fairmont Apartments                                                                Yes       No          No
  227    Commerce-Executive                                                                 No        No          No
  228    St. Andrews Apartments                                                             Yes      Yes         Yes
  229    Dunbar Amored Building                   Dunbar Armored Co.               100.0%   No        No          No
  230    631 Giguere Court                        Environmental Filtration          54.2%   Yes      Yes          No
  231    Woodfront Condominiums                                                             Yes      Yes          No
  232    Coral Shopping Center                                                              Yes      Yes         Yes
  233    Morally Wholesale                        Morally Wholesale Inc.           100.0%   Yes       No          No
  234    Emerald Court Apartments                                                           Yes      Yes          No
  235    1500 International Parkway               Paging Network Equipment          38.7%   No        No          No
  236    4801 W. 147th                            Cedars-Sinai Medical Ctr.        100.0%   No        No          No
  237    7225 & 7235 Bermuda Road                                                           No        No          No
  238    150 North Gibson Road                    Angler Tech                       25.0%   No        No          No
  239    San Carlos Apartments                                                              Yes      Yes          No
  240    Daisy III Apartments                                                               Yes      Yes          No
  241    Evergreen Garden Apts.                                                             Yes       No          No
  242    Albermarle Center                                                                  Yes      Yes          No
  243    The Village at Weber Ranch               Hollywood Video                   74.5%   Yes       No          No
  244    U-Stor George Washington                                                           Yes       No         Yes
  245    1410 W. 10th Pl.                         Al Collins Graphic Design        100.0%   Yes       No          No
  246    Memorial Hills Townhomes                                                           Yes      Yes          No
  247    Espalier Square                          The Cambria Group                 21.9%   Yes      Yes          No
  248    Mission Plaza                            Multitechnology S. Corp.          43.1%   No        No          No
  249    Huebner Road Office Buildings                                                      Yes      Yes          No
  250    Kickapoo Plaza Shopping Center           W. R. Jones                       34.3%   Yes       No          No
  251    Cascade Optical Buildings                Cascade Optical                  100.0%   No        No          No
  252    The 3700 Building                                                                  Yes       No          No
  253    Daisy IV Apartments                                                                Yes      Yes          No
  254    2201 Sturgis                             Airborne Freight Corp.            52.4%   No        No          No
  255    Petal Street                             Daystone Int'l Sports             11.0%   No        No          No
  256    Thrifty Payless, Laguna Niguel (IV)      Thrifty Payless - Laguna Niguel  100.0%   No        No          No
  257    Thrifty Payless, Bellflower (IV)         Thrifty Payless - Bellflower     100.0%   No        No          No
  258    Jam Pharmaceutical                       Jam Pharmaceutical               100.0%   Yes      Yes          No
  259    Sonora Court                             Silicon Storage Technolog       100.00%   Yes      Yes          No
  260    Parkway Square                           Harte-Hanks/Star Cou.             25.1%   No        No          No
  261    Glenbrook Place Apartments                                                         Yes      Yes          No
  262    4625 West Jennifer Avenue                Fresno CASC Cnty                  52.5%   Yes       No          No
  263    Commercial Building West Lake Village    Accelerated Network              33.69%   Yes      Yes          No
  264    South Park Apartments                                                              Yes      Yes          No
  265    Reseda Mobile Homes                                                                Yes      Yes          No
  266    Murphy Avenue                            Kusha, Inc.                      100.0%   Yes       No          No
  267    10925 Kinross Avenue                     Bel Air Camera, Inc.            100.00%   No        No          No
  268    4 Wrigley Street                         Monarch Business Forms           100.0%   Yes       No          No
  269    9 Marconi Street                         Kinetic Systems                 100.00%   Yes       No          No
  270    Westridge Commerce Center                Cornerstone Propane               45.4%   Yes       No          No
</TABLE>                                                          


                                     II-17
<PAGE>   20
APPENDIX II

CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PROPERTY OPERATING INFORMATION

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                
  LOAN                                                          UNDERWRITABLE     MONTHLY                  APPRAISED    VALUATION   
   NO.                    PROPERTY NAME(1)                        CASH FLOW      PAYMENT(8)   DSCR(4)        VALUE         DATE     
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                                             <C>              <C>          <C>          <C>          <C>         
  271    Centennial Green                                             $83,705        $3,177   2.20           $960,000    6/9/98     
  272    Bowser Tech                                                 $190,682        $3,111   5.11         $2,020,000    6/9/98     
  273    1720 Greenville Avenue                                      $132,495        $3,012   3.67         $1,350,000    6/4/98     
  274    Taco Bell/ Scottsdale                                        $62,554        $3,098   1.68           $860,000    4/2/98     

         TOTAL/WEIGHTED AVERAGE                                                               1.63                                  
</TABLE>

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------
                                                                          PERCENT LEASED(9)   
  LOAN                                                                    -----------------   
   NO.                    PROPERTY NAME(1)                       LTV(4)   LEASED      DATE    
- ----------------------------------------------------------------------------------------------
<S>                                                              <C>      <C>     <C>         
  271    Centennial Green                                         49.7%   100.0%   6/11/98     
  272    Bowser Tech                                              23.1%   100.0%   6/11/98     
  273    1720 Greenville Avenue                                   33.5%   100.0%   6/11/98     
  274    Taco Bell/ Scottsdale                                    48.4%   100.0%    2/1/98     

         TOTAL/WEIGHTED AVERAGE                                   64.9%                        
</TABLE>

<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------
                                                           TENANT INFORMATION(10)
  LOAN                                                     ----------------------          TAX    INSURANCE    REPLACEMENT
   NO.                    PROPERTY NAME(1)       LARGEST TENANT                  % NSF    ESCROW   ESCROW      RESERVES(11)
- ---------------------------------------------------------------------------------------------------------------------------
<S>                                              <C>                             <C>      <C>     <C>          <C>              
  271    Centennial Green                        Macro Gourmet, Inc.             22.26%   No        No          No
  272    Bowser Tech                             Accucom Telecomm.                34.2%   No        No          No
  273    1720 Greenville Avenue                  Dallas G.S., Inc.               24.44%   No        No          No
  274    Taco Bell/ Scottsdale                   Nancor Corporation              100.0%   No        No          No
                                                                                 
         TOTAL/WEIGHTED AVERAGE                                                           80.5%    51.3%       38.0%
</TABLE>                                         

                                     II-18
<PAGE>   21
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PREPAYMENT AND SERVICING INFORMATION

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
LOAN                                                     INTEREST ACCRUAL                 LOCKOUT                                 
No.          Property Name(2)                                Method        Seasoning(12)  Period   YM1  YM   DEF/YM1  DEF/YM  DEF 
- ----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                               <C>               <C>            <C>      <C>  <C>  <C>      <C>     <C> 
 1     Golf Mill Shopping Center                            Actual/360          7           31                                 86 
 2     Silvertree Hotel and Wildwood Lodge                  Actual/360          8           44                                 73 
 3     Mission Valley Hilton Hotel (A)                      Actual/360         10           60      58                             
 4     Hanalei Hotel (A)                                    Actual/360         10           60      58                             
 5     Galleria Palms Apartments                            Actual/360          6           30                                 87 
 6     55 Hawthorne & 631 Howard                            Actual/360          6           24                                 30 
 7     Dunwoody Club Apartments                             Actual/360          4           36      42                             
 8     Grapevine Town Shopping Center                       Actual/360          9           60                          57        
 9     Ward - Bel Air Professional Ctr (I)                    30/360            4           36                  198               
 10    Ward - Bel Air Retail (I)                              30/360            4           36                  198               
 11    Ward - Bright Oaks Office (I)                          30/360            4           36                  198               
 12    Ward - Blue Spruce (I)                                 30/360            4           36                  198               
 13    Ward - Hayes/Thomas Office (I)                         30/360            4           36                  198               
 14    Central Park Apartments                              Actual/360          8           36                                 78 
 15    Boca Industrial (B)                                  Actual/360          4           36                                 78 
 16    South Congress Industrial (B)                        Actual/360          6           36                                 78 
 17    North Los Altos Shopping Center                        30/360            6           36                                 78 
 18    International Residence-Austin (IRA)                 Actual/360          8           36      78                             
 19    Crossway Commons Shopping Center                     Actual/360          8           60      57                             
 20    La Veta Grand Apartments                             Actual/360          7           31                                 86 
 21    1 Lombard St. & 150 Greenwich St.                    Actual/360          6           36                                 78 
 22    Vintage Court Hotel                                    30/360            8           36                                 17 
 23    Wimberly Park                                        Actual/360          8           36      78                             
 24    Federal Express Building                               30/360            9           36                  78                
 25    Merrimac Plaza Shopping Center                       Actual/360          5           29                                 88 
 26    Stockton Center                                      Actual/360          4           36                                 78 
 27    International Residence San Antonio                  Actual/360          8           36      78                             
 28    Corporate Drive, Sugarland, TX                       Actual/360          1           36                  138               
 29    Weatherly Walk                                       Actual/360          5           36                                 78 
 30    Office Depot - Long Beach, CA                        Actual/360          4           36                                 78 
 31    Hurst Harbor Marina                                  Actual/360          4           36                  78                
 32    Casady Square Shopping Center                        Actual/360          6           30                                 87 
 33    Commonwealth Building                                Actual/360          7           36                  138               
 34    Coyote Creek Mobile Home Park                        Actual/360          6           36                                 78 
 35    Mountainview Marketplace Shopping Center             Actual/360         10           60      60                             
 36    Hurley's Children & Family Medical Ctr.                30/360            5           84                                114 
 37    Druid Pointe Office Building                           30/360            8           60      60                             
 38    Nohl Plaza Shopping Center                             30/360            7           36                                 78 
 39    Monterey Park II Apts.                               Actual/360          5           36                  78                
 40    Spring Hill Market Place                             Actual/360          5           36     138                            
 41    Hampton Inn Hotel                                    Actual/360          8           60      57                             
 42    Crestview Apartments                                 Actual/360          4           36                                 78 
 43    Fiesta Shopping Center                                 30/360            7           60     174                            
 44    Sierra Crest Shopping Center                         Actual/360          7           36      78                             
 45    Casa Del Rey Apartments                              Actual/360          5           36                                 78 
 46    Alameda Business Centre                                30/360            6           36                  78                
 47    58 Charles Street Office Building                    Actual/360          4           28                                 89 
 48    Syosset Plaza Shopping Center                        Actual/360          6           30                                 87 
 49    Silver Creek Shopping Center                         Actual/360          4           36                                138 
 50    Martin Woodworking                                   Actual/360          6           36      78                             

<CAPTION>                                                
- ---------------------------------------------------------------------------------------------------------------------------------- 
                                                                          PREPAYMENT CODE(13)                                      
LOAN                                                                                                              ADMINISTRATIVE   
No.          Property Name(2)                             5.0%  4.5%  4.0%  3.5%  3.0%  2.5%  2.0%  1.0%  Open  Cost Rate (bps)(14)
- ---------------------------------------------------------------------------------------------------------------------------------- 
<S>    <C>                                                <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>                
 1     Golf Mill Shopping Center                                                                            3          1.45        
 2     Silvertree Hotel and Wildwood Lodge                                                                  3          1.45        
 3     Mission Valley Hilton Hotel (A)                                                                      2          9.45        
 4     Hanalei Hotel (A)                                                                                    2          9.45        
 5     Galleria Palms Apartments                                                                            5          1.45        
 6     55 Hawthorne & 631 Howard                                                                            6          5.85        
 7     Dunwoody Club Apartments                                                                             6          5.85        
 8     Grapevine Town Shopping Center                                                                       3          9.45        
 9     Ward - Bel Air Professional Ctr (I)                                                                  6          5.85        
 10    Ward - Bel Air Retail (I)                                                                            6          5.85        
 11    Ward - Bright Oaks Office (I)                                                                        6          5.85        
 12    Ward - Blue Spruce (I)                                                                               6          5.85        
 13    Ward - Hayes/Thomas Office (I)                                                                       6          5.85        
 14    Central Park Apartments                                                                              6          5.85        
 15    Boca Industrial (B)                                                                                  6          5.85        
 16    South Congress Industrial (B)                                                                        6          5.85        
 17    North Los Altos Shopping Center                                                                      6          5.85        
 18    International Residence-Austin (IRA)                                                                 6          5.85        
 19    Crossway Commons Shopping Center                                                                     3          1.45        
 20    La Veta Grand Apartments                                                                             3         10.45        
 21    1 Lombard St. & 150 Greenwich St.                                                                    6          5.85        
 22    Vintage Court Hotel                                                                                  6          5.85        
 23    Wimberly Park                                                                                        6          5.85        
 24    Federal Express Building                                                                             6          5.85        
 25    Merrimac Plaza Shopping Center                                                                       3          1.45        
 26    Stockton Center                                                                                      6          5.85        
 27    International Residence San Antonio                                                                  6          5.85        
 28    Corporate Drive, Sugarland, TX                                                                       6          5.85        
 29    Weatherly Walk                                                                                       6          5.85        
 30    Office Depot - Long Beach, CA                                                                        6          5.85        
 31    Hurst Harbor Marina                                                                                  6          5.85        
 32    Casady Square Shopping Center                                                                        3          1.45        
 33    Commonwealth Building                                                                                6          5.85        
 34    Coyote Creek Mobile Home Park                                                                        6          5.85        
 35    Mountainview Marketplace Shopping Center                                                                        9.45        
 36    Hurley's Children & Family Medical Ctr.                                                              6          5.85        
 37    Druid Pointe Office Building                                                                                    9.45        
 38    Nohl Plaza Shopping Center                                                                           6          5.85        
 39    Monterey Park II Apts.                                                                               6          5.85        
 40    Spring Hill Market Place                                                                             6          5.85        
 41    Hampton Inn Hotel                                                                                    3          1.45        
 42    Crestview Apartments                                                                                 6          5.85        
 43    Fiesta Shopping Center                                                                               6          5.85        
 44    Sierra Crest Shopping Center                                                                         6          5.85        
 45    Casa Del Rey Apartments                                                                              6          5.85        
 46    Alameda Business Centre                                                                              6          5.85        
 47    58 Charles Street Office Building                                                                    3          1.45        
 48    Syosset Plaza Shopping Center                                                                        3          12.5        
 49    Silver Creek Shopping Center                                                                         6          5.85        
 50    Martin Woodworking                                                                                   6          5.85        
</TABLE>


                                      II-18
<PAGE>   22
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PREPAYMENT AND SERVICING INFORMATION

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
LOAN                                                     INTEREST ACCRUAL                 LOCKOUT                                 
No.          Property Name(2)                                Method        Seasoning(12)  Period   YM1  YM   DEF/YM1  DEF/YM  DEF 
- ----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                               <C>               <C>            <C>      <C>  <C>  <C>      <C>     <C> 
 51    Park Bank Office Building                            Actual/360          4           28                                 89 
 52    Consolidated Technology Warehouse (II)               Actual/360          4           28                                 89 
 53    Consolidated Technology Industrial Building (II)     Actual/360          4           28                                 89 
 54    1155 Jones Street                                    Actual/360          4           36                                 78 
 55    Kramer - 6 Arcata Apartments (III)                     30/360            7           84                                150 
 56    Kramer - Eureka Apartments (III)                       30/360            7           84                                150 
 57    Kramer - Fields Landing (III)                          30/360            7           84                                150 
 58    Vista Oaks Apartment                                 Actual/360          8           36                                198 
 59    Nash Finch Distribution Warehouse                    Actual/360          5           29                                 88 
 60    Syracuse Center - Phase I                            Actual/360          5           36                                 42 
 61    Amador II Building                                   Actual/360          4           36                                 78 
 62    Catalina Apartments                                  Actual/360          6           48      69                             
 63    4670 Willow Road                                     Actual/360          4           36                                 78 
 64    Hamilton House Apartments                              30/360            5           36                                198 
 65    Sacramento Place Apartments                          Actual/360          4           36                  78                
 66    Zycon R&D Building                                     30/360            9           60      57                             
 67    Rudolph-Hendrickson Senior Apartments                Actual/360          7           48      69                             
 68    Holborn Village Apartments                           Actual/360          4           28                                 89 
 69    100 E. Tujunga                                       Actual/360          7           36                  78                
 70    Rancho Anita Industrial Park                         Actual/360          5           36                  78                
 71    Beverly Hills Tower Apartments (C)                   Actual/360         12           48      69                             
 72    Beverly Hills Regency Apartments (C)                 Actual/360         12           48      69                             
 73    Chico Town & Country Shopping Ctr.                   Actual/360          5           36                  78                
 74    Windsor Court Apartments                             Actual/360         10           48      69                             
 75    Pathmark Super Center-Wilmington, DE                 Actual/360          3           27                                 90 
 76    New Villa Valencia Mobile Home Park                  Actual/360          7           48      69                             
 77    Veterans Plaza Shopping Center                       Actual/360          7           28                                146 
 78    150 Sylvan Avenue Shopping Center                    Actual/360          4           28                                 86 
 79    Reynolds Industries Bldg                             Actual/360          7           36                                 78 
 80    Strada Da Valle Office Building                      Actual/360          7           60      57                             
 81    Conrad Villas Apts.                                  Actual/360          8           36                  78                
 82    Ocean Business Park                                  Actual/360          8           36                  78                
 83    Westwood Village Shopping Center                     Actual/360          5           29                                 88 
 84    Enclave Apartments                                     30/360            7           36                                 78 
 85    Westside Shopping Center                             Actual/360          3           27                                 90 
 86    Riverside Country Club Mobile Home Park              Actual/360          6           48      69                             
 87    3030 Bridgeway Boulevard                             Actual/360          7           36      78                             
 88    Food 4 Less                                          Actual/360          7           36                                 78 
 89    Suburban Lodge Hotel                                 Actual/360          3           60      60                             
 90    Pathmark Super Center-Upper Darby, PA                Actual/360          3           27                                 90 
 91    The Ladco Building                                     30/360            4           60                                114 
 92    Hickory Plaza                                        Actual/360          5           60      57                             
 93    College Way Marketplace                              Actual/360          6           36      78                             
 94    Grove Business Joint Venture                           30/360            7           60                                 54 
 95    Edison Way Industrial Center                         Actual/360          4           36                                138 
 96    Pacific Terrace Apartments                           Actual/360          8           36                  78                
 97    4700-4800 SW 51 St Warehouse                         Actual/360          5           29                                 88 
 98    Brookside Villas Apartments                          Actual/360          6           30                                 87 
 99    Castaic Apartments                                     30/360            8           36                                 78 
100    La Habra Hills                                       Actual/360          5           36                  78                
101    5251 - 5271 East 2nd St.                               30/360            8           36      78                             

<CAPTION>                                                
- ---------------------------------------------------------------------------------------------------------------------------------- 
                                                                          PREPAYMENT CODE(13)                                      
LOAN                                                                                                              ADMINISTRATIVE   
No.          Property Name(2)                             5.0%  4.5%  4.0%  3.5%  3.0%  2.5%  2.0%  1.0%  Open  Cost Rate (bps)(14)
- ---------------------------------------------------------------------------------------------------------------------------------- 
<S>    <C>                                                <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>                
 51    Park Bank Office Building                                                                            3          9.45        
 52    Consolidated Technology Warehouse (II)                                                               3          1.45        
 53    Consolidated Technology Industrial Building (II)                                                     3          1.45        
 54    1155 Jones Street                                                                                    6          5.85        
 55    Kramer - 6 Arcata Apartments (III)                                                                   6          5.85        
 56    Kramer - Eureka Apartments (III)                                                                     6          5.85        
 57    Kramer - Fields Landing (III)                                                                        6          5.85        
 58    Vista Oaks Apartment                                                                                 6          5.85        
 59    Nash Finch Distribution Warehouse                                                                    3         10.45        
 60    Syracuse Center - Phase I                                                                            6          5.85        
 61    Amador II Building                                                                                   6          5.85        
 62    Catalina Apartments                                                                                  3          1.45        
 63    4670 Willow Road                                                                                     6          5.85        
 64    Hamilton House Apartments                                                                            6          5.85        
 65    Sacramento Place Apartments                                                                          6          5.85        
 66    Zycon R&D Building                                                                                   3          9.45        
 67    Rudolph-Hendrickson Senior Apartments                                                                3          1.45        
 68    Holborn Village Apartments                                                                           3          9.45        
 69    100 E. Tujunga                                                                                       6          5.85        
 70    Rancho Anita Industrial Park                                                                         6          5.85        
 71    Beverly Hills Tower Apartments (C)                                                                   3          1.45        
 72    Beverly Hills Regency Apartments (C)                                                                 3          1.45        
 73    Chico Town & Country Shopping Ctr.                                                                   6          5.85        
 74    Windsor Court Apartments                                                                             3          1.45        
 75    Pathmark Super Center-Wilmington, DE                                                                 3          1.45        
 76    New Villa Valencia Mobile Home Park                                                                  3          1.45        
 77    Veterans Plaza Shopping Center                                                                       6          12.5        
 78    150 Sylvan Avenue Shopping Center                                                                    6          1.45        
 79    Reynolds Industries Bldg                                                                             6          5.85        
 80    Strada Da Valle Office Building                                                                      3          12.5        
 81    Conrad Villas Apts.                                                                                  6          5.85        
 82    Ocean Business Park                                                                                  6          5.85        
 83    Westwood Village Shopping Center                                                                     3          1.45        
 84    Enclave Apartments                                                                                   6          5.85        
 85    Westside Shopping Center                                                                             3          9.45        
 86    Riverside Country Club Mobile Home Park                                                              3          1.45        
 87    3030 Bridgeway Boulevard                                                                             6          5.85        
 88    Food 4 Less                                                                                          6          5.85        
 89    Suburban Lodge Hotel                                                                                            9.45        
 90    Pathmark Super Center-Upper Darby, PA                                                                3          1.45        
 91    The Ladco Building                                                                                   6          5.85        
 92    Hickory Plaza                                                                                        3          1.45        
 93    College Way Marketplace                                                                              6          5.85        
 94    Grove Business Joint Venture                                                                         6          5.85        
 95    Edison Way Industrial Center                                                                         6          5.85        
 96    Pacific Terrace Apartments                                                                           6          5.85        
 97    4700-4800 SW 51 St Warehouse                                                                         3          12.5        
 98    Brookside Villas Apartments                                                                          3         10.45        
 99    Castaic Apartments                                                                                   6          5.85        
100    La Habra Hills                                                                                       6          5.85        
101    5251 - 5271 East 2nd St.                                                                             6          5.85        
</TABLE>


                                      II-19
<PAGE>   23
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
LOAN                                                     INTEREST ACCRUAL                 LOCKOUT                                 
NO.          PROPERTY NAME(2)                                METHOD        SEASONING(12)  PERIOD   YM1  YM   DEF/YM1  DEF/YM  DEF 
- ----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                               <C>               <C>            <C>      <C>  <C>  <C>      <C>     <C> 
102    Montgomery Business Park                             Actual/360          6           36                                 78 
103    Atherton Park Apartments                             Actual/360         13           48      69                             
104    Let's Store It II - Brookhurst                         30/360            6           36      78                             
105    Torrance Western Self Storage                          30/360            6           36      78                             
106    Sierra Gardens                                       Actual/360          7           36                  78                
107    Shelter Creek Apartments                             Actual/360          8           36                                 78 
108    Design Row Shopping Center                           Actual/360          3           27                                 90 
109    Veteran Plaza                                          30/360            5           36                                 78 
110    Rolling Hills Apartments                             Actual/360          7           36                                 78 
111    Four Corners Shopping Center                           30/360            8           60     174                            
112    Rimrock Plaza Shopping Center                          30/360           16                                                
113    Orchard View Apartments                                30/360            4           36                  138               
114    Secure Self Storage of Old Town                      Actual/360          6           36                  78                
115    Waterford Place Condominiums                         Actual/360          8           32                                 85 
116    Nimitz Point Apartments                              Actual/360          8           36                                 78 
117    Physician's Plaza                                    Actual/360          6           36                                 78 
118    Artesia Mobile Home Estates                          Actual/360          6           36                                 78 
119    Del Prado Apartments                                 Actual/360          5           36                                 78 
120    Concord Villas                                         30/360            7           36                  78                
121    San Mateo Office Complex                             Actual/360          4           36                                 78 
122    Colonial Arms Apartments                             Actual/360          8           32                                 85 
123    Westport Apartments                                  Actual/360          8           36                                 78 
124    Marina Self Storage                                    30/360            8           36                                 78 
125    Americana Palos Verdes Apartments                    Actual/360          5           29                                 88 
126    Grand York Shopping Center                           Actual/360          5           26                                151 
127    Brooktree Estates Apartments                         Actual/360          9           60      72                             
128    Daily California Building                            Actual/360         10           36      78                             
129    The Regent-Chicago                                     30/360            7           60                                 54 
130    Lyons Shopping Center                                Actual/360          9           60      57                             
131    Renaissance Tech                                       30/360            5           36                  78                
132    Columbian Steel Tank Co.                               30/360            6           36                                 78 
133    Barbur Place Center                                  Actual/360          4           28                                 89 
134    Samoan Sea Apartments                                  30/360            7           36                                 78 
135    4759 51 Street Warehouse                             Actual/360          5           29                                 88 
136    20650 Prairie                                          30/360            6           36                                138 
137    Sierra West Business Park                            Actual/360          9           36      78                             
138    PetsMart-Sand City                                     30/360            7           36                                 78 
139    Mesa Breeze Apartments                               Actual/360          8           48      69                             
140    Palm Garden Apartments                                 30/360            7           36                                 78 
141    Harvard Apartments                                   Actual/360          6           48      69                             
142    Safeworks Warehouse                                  Actual/360          5           29                                 88 
143    Garden Brook Apartments                              Actual/360          6           30                                 87 
144    Lynmarie Apartments                                  Actual/360          6           30                                 87 
145    Storey Plastics Building                             Actual/360          7           36                                 78 
146    Casa de Jerado                                       Actual/360          7           36                                 78 
147    Palm Central South                                   Actual/360          7           36                                 78 
148    Barnes - 380 Tennant Ave (D)                         Actual/360          6           36                  78                
149    Barnes - 6550 Brem Lane (D)                          Actual/360          6           36                  78                
150    Barnes - Santa Cruz (D)                              Actual/360          6           36                  78                
151    Arctic Business Park III                             Actual/360          5           48                  186               
152    Savannah Gardens Apartments                          Actual/360          6           30                                 87 

<CAPTION>                                                
- ---------------------------------------------------------------------------------------------------------------------------------- 
                                                                          PREPAYMENT CODE(13)                                      
LOAN                                                                                                              ADMINISTRATIVE   
NO.          PROPERTY NAME(2)                             5.0%  4.5%  4.0%  3.5%  3.0%  2.5%  2.0%  1.0%  OPEN  COST RATE (bps)(14)
- ---------------------------------------------------------------------------------------------------------------------------------- 
<S>    <C>                                                <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>                
102    Montgomery Business Park                                                                             6          5.85        
103    Atherton Park Apartments                                                                             3          1.45        
104    Let's Store It II - Brookhurst                                                                       6          5.85        
105    Torrance Western Self Storage                                                                        6          5.85        
106    Sierra Gardens                                                                                       6          5.85        
107    Shelter Creek Apartments                                                                             6          5.85        
108    Design Row Shopping Center                                                                           3          12.5        
109    Veteran Plaza                                                                                        6          5.85        
110    Rolling Hills Apartments                                                                             6          5.85        
111    Four Corners Shopping Center                                                                         6          5.85        
112    Rimrock Plaza Shopping Center                            120         60          54                  6          9.45        
113    Orchard View Apartments                                                                              6          5.85        
114    Secure Self Storage of Old Town                                                                      6          5.85        
115    Waterford Place Condominiums                                                                         3         10.45        
116    Nimitz Point Apartments                                                                              6          5.85        
117    Physician's Plaza                                                                                    6          5.85        
118    Artesia Mobile Home Estates                                                                          6          5.85        
119    Del Prado Apartments                                                                                 6          5.85        
120    Concord Villas                                                                                       6          5.85        
121    San Mateo Office Complex                                                                             6          5.85        
122    Colonial Arms Apartments                                                                             3          12.5        
123    Westport Apartments                                                                                  6          5.85        
124    Marina Self Storage                                                                                  6          5.85        
125    Americana Palos Verdes Apartments                                                                    3          9.45        
126    Grand York Shopping Center                                                                           3         10.45        
127    Brooktree Estates Apartments                                                                                    9.45        
128    Daily California Building                                                                            6          5.85        
129    The Regent-Chicago                                                                                   6          5.85        
130    Lyons Shopping Center                                                                                3          9.45        
131    Renaissance Tech                                                                                     6          5.85        
132    Columbian Steel Tank Co.                                                                             6          5.85        
133    Barbur Place Center                                                                                  3          12.5        
134    Samoan Sea Apartments                                                                                6          5.85        
135    4759 51 Street Warehouse                                                                             3          12.5        
136    20650 Prairie                                                                                        6          5.85        
137    Sierra West Business Park                                                                            6          5.85        
138    PetsMart-Sand City                                                                                   6          5.85        
139    Mesa Breeze Apartments                                                                               3          1.45        
140    Palm Garden Apartments                                                                               6          5.85        
141    Harvard Apartments                                                                                   3          1.45        
142    Safeworks Warehouse                                                                                  3          12.5        
143    Garden Brook Apartments                                                                              3          1.45        
144    Lynmarie Apartments                                                                                  3          1.45        
145    Storey Plastics Building                                                                             6          5.85        
146    Casa de Jerado                                                                                       6          5.85        
147    Palm Central South                                                                                   6          5.85        
148    Barnes - 380 Tennant Ave (D)                                                                         6          5.85        
149    Barnes - 6550 Brem Lane (D)                                                                          6          5.85        
150    Barnes - Santa Cruz (D)                                                                              6          5.85        
151    Arctic Business Park III                                                                             6          5.85        
152    Savannah Gardens Apartments                                                                          3         10.45        
</TABLE>


                                      II-20
<PAGE>   24
<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
LOAN                                                     INTEREST ACCRUAL                 Lockout                                 
No.          Property Name(1)                                Method        Seasoning(12)  Period   YM1  YM   DEF/YM1  DEF/YM  DEF 
- ----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                               <C>               <C>            <C>      <C>  <C>  <C>      <C>     <C> 
153    Markison Vista                                         30/360            7           60                                 54 
154    London Press Building                                  30/360            6           36                                138 
155    Canal Park Apartments                                Actual/360          7           84                                150 
156    Hayvenhurst Airport Business Park                    Actual/360          8           36                                 78 
157    Bashas' Shopping Center                              Actual/360          9           36     198                            
158    15th & 16th Street Warehouse                         Actual/360          5           29                                 88 
159    Raintree Apartments                                  Actual/360          7           36                                 78 
160    Lindys Town Lake Apartments                          Actual/360          7           31                                 86 
161    Discount Mini Storage North                          Actual/360          8           60                                 57 
162    1207-15 Pearl Street Mall                            Actual/360          8           36                                 78 
163    Midway Park North                                      30/360            7           60                                 54 
164    Winchester House Apartments                            30/360           36                       60                        
165    740 W. Knox                                          Actual/360          6           60                                114 
166    Normandie Apartments                                   30/360           58                       36                        
167    Oakmont Shopping Center                              Actual/360          7           36                  78                
168    Coral Place Pilgrim Building Shopping Center         Actual/360          3           27                                 90 
169    1730 I Street                                        Actual/360          5           36                                 78 
170    Western Digital Building                             Actual/360          6           36                  78                
171    Casa Alegre Apartments                                 30/360            7           36                  78                
172    Rodeo Plaza                                            30/360            6           36                                 78 
173    Casa Del Sol North (E)                                 30/360            6           36                                 78 
174    Casa Del Sol South (E)                                 30/360            6           36                                 78 
175    Staples-Southington                                    30/360            7           48     102                            
176    55 th & Wadsworth Retail Center                      Actual/360          7           36                                 78 
177    OMA Building                                         Actual/360          6           36      78                             
178    Cleator Corp Buildings                               Actual/360          7           36                  78                
179    Hidden Village Apartments                              30/360            8           36     198                            
180    Arctic Business Park II                              Actual/360          5           48                                186 
181    Eckerd Drug Store No. 816R                             30/360            5           60                  174               
182    Willow Glen Mobile Home Park                         Actual/360          7           36      78                             
183    940 E. Diehl Road                                      30/360            5           36                  78                
184    Gateway Office Center                                Actual/360          5           36                                 78 
185    Laguna Hills Property                                Actual/360          5           36                  78                
186    Rancho Dominguez                                     Actual/360          5           36                                 78 
187    The Hampton Apartments                               Actual/360          9           60     120                            
188    Redwood Self Storage                                 Actual/360          8           36                                 78 
189    Hewlett Packard Bldg.                                Actual/360          8           48      66                             
190    Spenwick Industrial Park                               30/360            8           36      78                             
191    Lancaster Medical Office Building                      30/360            7           36                                138 
192    Dorchester Gardens Apartments                          30/360           42                       60                        
193    Safeway-Marlow Center                                  30/360            9           36      78                             
194    Keylock Mini Storage                                 Actual/360          8           60                                 57 
195    53rd Court Warehouse                                 Actual/360          5           29                                 88 
196    Stadium Court                                        Actual/360          8           36      78                             
197    Oakhurst Drive Apartments                            Actual/360          9           48      69                             
198    4602 North Avenue                                    Actual/360          8           36                                 78 
199    Cal Plate, Inc. Buildings                              30/360            7           84                                150 
200    McKinley Business Center                             Actual/360          7           36                  78                
201    Rite Aid - Cleveland                                   30/360            7           36      78                             
202    77 Rumford Avenue Office Building                    Actual/360          5           29                                 88 
203    Herndon/West Office II (F)                           Actual/360          7           36      78                             

<CAPTION>                                                
- ---------------------------------------------------------------------------------------------------------------------------------- 
                                                                          PREPAYMENT CODE(13)                                      
LOAN                                                                                                              ADMINISTRATIVE   
No.          Property Name(1)                             5.0%  4.5%  4.0%  3.5%  3.0%  2.5%  2.0%  1.0%  Open  Cost Rate (bps)(14)
- ---------------------------------------------------------------------------------------------------------------------------------- 
<S>    <C>                                                <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>                
153    Markison Vista                                                                                       6          5.85        
154    London Press Building                                                                                6          5.85        
155    Canal Park Apartments                                                                                6          5.85        
156    Hayvenhurst Airport Business Park                                                                    6          5.85        
157    Bashas' Shopping Center                                                                              6          5.85        
158    15th & 16th Street Warehouse                                                                         3          12.5        
159    Raintree Apartments                                                                                  6          5.85        
160    Lindys Town Lake Apartments                                                                          3          12.5        
161    Discount Mini Storage North                                                                          3          1.45        
162    1207-15 Pearl Street Mall                                                                            6          5.85        
163    Midway Park North                                                                                    6          5.85        
164    Winchester House Apartments                                                            12     6      6          1.45        
165    740 W. Knox                                                                                          6          5.85        
166    Normandie Apartments                                12         12          12                 9      3          1.45        
167    Oakmont Shopping Center                                                                              6          5.85        
168    Coral Place Pilgrim Building Shopping Center                                                         3          12.5        
169    1730 I Street                                                                                        6          12.5        
170    Western Digital Building                                                                             6          5.85        
171    Casa Alegre Apartments                                                                               6          5.85        
172    Rodeo Plaza                                                                                          6          5.85        
173    Casa Del Sol North (E)                                                                               6          5.85        
174    Casa Del Sol South (E)                                                                               6          5.85        
175    Staples-Southington                                                                                  6          5.85        
176    55 th & Wadsworth Retail Center                                                                      6          5.85        
177    OMA Building                                                                                         6          5.85        
178    Cleator Corp Buildings                                                                               6          5.85        
179    Hidden Village Apartments                                                                            6          5.85        
180    Arctic Business Park II                                                                              6          5.85        
181    Eckerd Drug Store No. 816R                                                                           6          5.85        
182    Willow Glen Mobile Home Park                                                                         6          5.85        
183    940 E. Diehl Road                                                                                    6          5.85        
184    Gateway Office Center                                                                                6          5.85        
185    Laguna Hills Property                                                                                6          5.85        
186    Rancho Dominguez                                                                                     6          5.85        
187    The Hampton Apartments                                                                                          5.85        
188    Redwood Self Storage                                                                                 6          9.45        
189    Hewlett Packard Bldg.                                                                                6          5.85        
190    Spenwick Industrial Park                                                                             6          5.85        
191    Lancaster Medical Office Building                                                                    6          5.85        
192    Dorchester Gardens Apartments                                                          12     6      6          5.85        
193    Safeway-Marlow Center                                                                                6          5.85        
194    Keylock Mini Storage                                                                                 3          1.45        
195    53rd Court Warehouse                                                                                 3          1.45        
196    Stadium Court                                                                                        6          12.5        
197    Oakhurst Drive Apartments                                                                            3          5.85        
198    4602 North Avenue                                                                                    6          1.45        
199    Cal Plate, Inc. Buildings                                                                            6          5.85        
200    McKinley Business Center                                                                             6          5.85        
201    Rite Aid - Cleveland                                                                                 6          5.85        
202    77 Rumford Avenue Office Building                                                                    3          5.85        
203    Herndon/West Office II (F)                                                                           6          5.85        
</TABLE>


                                     II-21
<PAGE>   25
APPENDIX II
CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS
PREPAYMENT AND SERVICING INFORMATION



<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                  
LOAN                                                     INTEREST ACCRUAL                 LOCKOUT                                 
NO.          PROPERTY NAME(2)                                METHOD        SEASONING(12)  PERIOD   YM1  YM   DEF/YM1  DEF/YM  DEF 
- ----------------------------------------------------------------------------------------------------------------------------------
<S>    <C>                                               <C>               <C>            <C>      <C>  <C>  <C>      <C>     <C> 
204    Herndon/West Office I (F)                            Actual/360          7           36      78                             
205    Daisy I Apartments                                   Actual/360          8           36                                 78 
206    Sunset East Apartments                               Actual/360          5           36                                 78 
207    Overlook Terrace Apts.                               Actual/360          6           36                  78                
208    2275 East Bayshore Road                              Actual/360          7           36                                 78 
209    Darant Industrial                                      30/360            4           36                                138 
210    354 S. La Fayette Park Place                           30/360            7           36                                 42 
211    22322 Gilberto                                         30/360            7           36                  78                
212    Parkview                                               30/360            7           60                                 54 
213    Las Olas Shopping Center                             Actual/360          3           27                                 90 
214    1841 Fuller Apartments                                 30/360            5           36                  138               
215    Brighton Avenue Plaza Shopping Center                Actual/360          7           60      57                             
216    Tiffany Building                                     Actual/360          7           36                                 79 
217    Ballinger Trace Apts.                                  30/360            9           60                                114 
218    Freeway Industrial Center                              30/360            7           36                                 78 
219    Villa Monaco                                         Actual/360          7           36                  78                
220    Cheyenne Mountain Blockbuster                        Actual/360          6           36                                 78 
221    Sunset Hill Apartments                               Actual/360          6           36                                 78 
222    Le Med Apartments                                      30/360            4           36                                 78 
223    Kerner Automotive Center                             Actual/360          5           36      78                             
224    Bachman Glen Apartments                              Actual/360          5           36                                 78 
225    Westview Plaza                                       Actual/360          6           36                  138               
226    Fairmont Apartments                                    30/360            8           36                                 78 
227    Commerce-Executive                                     30/360            7           60                                 54 
228    St. Andrews Apartments                               Actual/360          7           36                                 78 
229    Dunbar Amored Building                               Actual/360          5           36                  78                
230    631 Giguere Court                                    Actual/360          5           36                  78                
231    Woodfront Condominiums                               Actual/360          9           36      78                             
232    Coral Shopping Center                                Actual/360          3           27                                 90 
233    Morally Wholesale                                      30/360            7           36                                102 
234    Emerald Court Apartments                               30/360            9           36      78                             
235    1500 International Parkway                             30/360            7           60                                 54 
236    4801 W. 147th                                        Actual/360          7           36     102                            
237    7225 & 7235 Bermuda Road                               30/360            4           36                                198 
238    150 North Gibson Road                                  30/360            4           36                                198 
239    San Carlos Apartments                                Actual/360          5           36                  78                
240    Daisy III Apartments                                 Actual/360          8           36                                 78 
241    Evergreen Garden Apts.                               Actual/360          5           36                  78                
242    Albermarle Center                                    Actual/360          6           36                                 78 
243    The Village at Weber Ranch                           Actual/360          8           36                                 78 
244    U-Stor George Washington                             Actual/360          5           29                                 88 
245    1410 W. 10th Pl.                                     Actual/360          7           36                                 78 
246    Memorial Hills Townhomes                               30/360            7           60     174                            
247    Espalier Square                                        30/360            5           60                  114               
248    Mission Plaza                                          30/360            7           60                                 54 
249    Huebner Road Office Buildings                          30/360            6           36                                 78 
250    Kickapoo Plaza Shopping Center                       Actual/360          8           36      78                             
251    Cascade Optical Buildings                              30/360            7           84                                150 
252    The 3700 Building                                    Actual/360          6           36                  78                
253    Daisy IV Apartments                                  Actual/360          8           36                                 78 
254    2201 Sturgis                                           30/360            4           36                                198 

<CAPTION>                                                
- ---------------------------------------------------------------------------------------------------------------------------------- 
                                                                          PREPAYMENT CODE(13)                                      
LOAN                                                                                                              ADMINISTRATIVE   
NO.          PROPERTY NAME(2)                             5.0%  4.5%  4.0%  3.5%  3.0%  2.5%  2.0%  1.0%  OPEN  COST RATE (bps)(14)
- ---------------------------------------------------------------------------------------------------------------------------------- 
<S>    <C>                                                <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>   <C>                
204    Herndon/West Office I (F)                                                                            6          5.85        
205    Daisy I Apartments                                                                                   6          5.85        
206    Sunset East Apartments                                                                               6          12.5        
207    Overlook Terrace Apts.                                                                               6          5.85        
208    2275 East Bayshore Road                                                                              6          5.85        
209    Darant Industrial                                                                                    6          5.85        
210    354 S. La Fayette Park Place                                                                         6          5.85        
211    22322 Gilberto                                                                                       6          5.85        
212    Parkview                                                                                             6          5.85        
213    Las Olas Shopping Center                                                                             3          5.85        
214    1841 Fuller Apartments                                                                               6          12.5        
215    Brighton Avenue Plaza Shopping Center                                                                3          5.85        
216    Tiffany Building                                                                                     6          12.5        
217    Ballinger Trace Apts.                                                                                6          5.85        
218    Freeway Industrial Center                                                                            6          5.85        
219    Villa Monaco                                                                                         6          5.85        
220    Cheyenne Mountain Blockbuster                                                                        6          5.85        
221    Sunset Hill Apartments                                                                               6          5.85        
222    Le Med Apartments                                                                                    6          5.85        
223    Kerner Automotive Center                                                                             6          5.85        
224    Bachman Glen Apartments                                                                              6          5.85        
225    Westview Plaza                                                                                       6          5.85        
226    Fairmont Apartments                                                                                  6          5.85        
227    Commerce-Executive                                                                                   6          5.85        
228    St. Andrews Apartments                                                                               6          5.85        
229    Dunbar Amored Building                                                                               6          5.85        
230    631 Giguere Court                                                                                    6          5.85        
231    Woodfront Condominiums                                                                               6          5.85        
232    Coral Shopping Center                                                                                3          5.85        
233    Morally Wholesale                                                                                    6          5.85        
234    Emerald Court Apartments                                                                             6          5.85        
235    1500 International Parkway                                                                           6          5.85        
236    4801 W. 147th                                                                                        6          5.85        
237    7225 & 7235 Bermuda Road                                                                             6          5.85        
238    150 North Gibson Road                                                                                6          5.85        
239    San Carlos Apartments                                                                                6          5.85        
240    Daisy III Apartments                                                                                 6          5.85        
241    Evergreen Garden Apts.                                                                               6          5.85        
242    Albermarle Center                                                                                    6          5.85        
243    The Village at Weber Ranch                                                                           6          5.85        
244    U-Stor George Washington                                                                             3          1.45        
245    1410 W. 10th Pl.                                                                                     6          5.85        
246    Memorial Hills Townhomes                                                                             6          5.85        
247    Espalier Square                                                                                      6          5.85        
248    Mission Plaza                                                                                        6          5.85        
249    Huebner Road Office Buildings                                                                        6          5.85        
250    Kickapoo Plaza Shopping Center                                                                       6          5.85        
251    Cascade Optical Buildings                                                                            6          5.85        
252    The 3700 Building                                                                                    6          5.85        
253    Daisy IV Apartments                                                                                  6          5.85        
254    2201 Sturgis                                                                                         6          5.85        
</TABLE>


                                     II-22
<PAGE>   26

<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
 Loan                                             Interest Accrual                           Lockout
  No.              Property Name(2)                   Method          Seasoning(12)          Period       YMI   YM   DEF/YMI  DEF/YM
- ------------------------------------------------------------------------------------------------------------------------------------
 <S>      <C>                                       <C>               <C>                    <C>          <C>   <C>  <C>      <C>   
  255    Petal Street                               30/360            7                      60        
  256    Thrifty Payless, Laguna Niguel (IV)        Actual/360        12                     36           78
  257    Thrifty Payless, Bellflower (IV)           Actual/360        12                     36           78
  258    Jam Pharmaceutical                         Actual/360        8                      36                      78 
  259    Sonora Court                               Actual/360        7                      60
  260    Parkway Square                               30/360          7                      60
  261    Glenbrook Place Apartments                   30/360          4                      36
  262    4625 West Jennifer Avenue                  Actual/360        7                      36           78
  263    Commercial Building West Lake Village        30/360          5                      60
  264    South Park Apartments                      Actual/360        7                      36 
  265    Reseda Mobile Homes                          30/360          6                      60                     114
  266    Murphy Avenue                                30/360          7                      36                     78
  267    10925 Kinross Avenue                         30/360          8                      36           78
  268    4 Wrigley Street                             30/360          6                      36 
  269    9 Marconi Street                             30/360          7                      36
  270    Westridge Commerce Center                  Actual/360        5                      36                     78    
  271    Centennial Green                             30/360          7                      60
  272    Bowser Tech                                  30/360          7                      60
  273    1720 Greenville Avenue                       30/360          7                      60
  274    Taco Bell/ Scottsdale                        30/360          7                      36                     42

         TOTAL/WEIGHTED AVERAGE                                       6.6                    39.3         
</TABLE>


<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                              Prepayment Code(13)
 Loan                                                                                                                 Administrative
  No.        Property Name(2)                 DEF  5.0%  4.5%  4.0%  3.5%  3.0%  2.5%  2.0%  1.0%  Open          Cost Rate (bps)(14)
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>  <C>   <C>    <C>   <C>   <C>   <C>   <C>   <C>   <C>           <C>
  255   Petal Street                          54                                                    6              5.85
  256   Thrifty Payless, Laguna Niguel (IV)                                                         6              5.85
  257   Thrifty Payless, Bellflower (IV)                                                            6              5.85
  258   Jam Pharmaceutical                                                                          6              5.85
  259   Sonora Court                          174                                                   6              5.85
  260   Parkway Square                        54                                                    6              5.85
  261   Glenbrook Place Apartments            18                                                    6              5.85
  262   4625 West Jennifer Avenue                                                                   6              5.85
  263   Commercial Building West Lake Village 114                                                   6              5.85
  264   South Park Apartments                  78                                                   6              5.85
  265   Reseda Mobile Homes                                                                         6              5.85
  266   Murphy Avenue                                                                               6              5.85
  267   10925 Kinross Avenue                                                                        6              5.85
  268   4 Wrigley Street                       78                                                   6              5.85 
  269   9 Marconi Street                       78                                                   6              5.85
  270   Westridge Commerce Center                                                                   6              5.85
  271   Centennial Green                       54                                                   6              5.85
  272   Bowser Tech                            54                                                   6              5.85
  273   1720 Greenville Avenue                 54                                                   6              5.85
  274   Taco Bell/ Scottsdale                                                                                         

                TOTAL/WEIGHTED AVERAGE                                                              4.8            5.64
</TABLE>
<PAGE>   27
APPENDIX II
ADDITIONAL INFORMATION REGARDING THE MULTIFAMILY MORTGAGE LOANS

<TABLE>
<CAPTION>
                                                                                                                                    
 LOAN                                                                                                            UTILITIES          
  NO.                  PROPERTY NAME                        CITY                 COUNTY         STATE           TENANT PAYS         
<S>     <C>                                         <C>                   <C>                   <C>   <C>                           
   5    Galleria Palms Apartments                   Tempe                 Maricopa              AZ    Electricity, Cable T.V.       
   7    Dunwoody Club Apartments                    Atlanta               Fulton                GA    Gas, Electric                 
  14    Central Park Apartments                     San Jose              Santa Clara           CA    Gas, Electric                 
  18    International Residence-Austin (IRA)        Austin                Williamson            TX    Gas, Electric                 
  20    La Veta Grand Apartments                    Orange                Orange                CA    Electricity, Gas              
  23    Wimberly Park                               Duncanville           Dallas                TX    Gas, Electric                 
  27    International Residence San Antonio         San Antonio           Bexar                 TX    Gas, Electric                 
  29    Weatherly Walk                              Fayetteville          Fayette               GA    Gas, Electric                 
  39    Monterey Park II Apts.                      Las Vegas             Clark                 NV    Gas, Electric                 
  42    Crestview Apartments                        West Lafayette        Tippecanoe            IN    Gas, Electric                 
  45    Casa Del Rey Apartments                     Fresno                Fresno                CA    Gas, Electric                 
  54    1155 Jones Street                           San Francisco         San Francisco         CA    Gas, Electric                 
  55    Kramer - 6 Arcata Apartments                Arcata                Humboldt              CA    Gas,Electric,Water, Trash     
  56    Kramer - Eureka Apartments                  Eureka                Humboldt              CA    Electricity, Gas              
  57    Kramer - Fields Landing                     Fields Landing        Humboldt              CA    Electricity, Gas              
  58    Vista Oaks Apartment                        Martinez              Contra Costa          CA    Gas, Electric                 
  62    Catalina Apartments                         Studio City           Los Angeles           CA    Electricity, Gas              
  64    Hamilton House Apartments                   Mayfield Heights      Cuyahoga              OH    Electric                      
  65    Sacramento Place Apartments                 Sacramento            Sacramento            CA    Gas, Electric                 
  67    Rudolph-Hendrickson Senior Apartments       Rancho Cucamonga      San Bernardino        CA    Electricity, Cable T.V.       
  68    Holborn Village Apartments                  Madison               Dane                  WI    Electricity, Gas, Cable T.V.  
  71    Beverly Hills Tower Apartments              Los Angeles           Los Angeles           CA    None                          
  72    Beverly Hills Regency Apartments            Los Angeles           Los Angeles           CA    Gas, Electricity              
  74    Windsor Court Apartments                    Turlock               Stanislaus            CA    Electricity                   
  81    Conrad Villas Apts.                         Spring Valley         San Diego             CA    Gas, Electric                 
  84    Enclave Apartments                          Los Angeles           Los Angeles           CA    Gas, Electric                 
  96    Pacific Terrace Apartments                  Midway City           Orange                CA    Gas, Electric (HUD Reimbursed)
  98    Brookside Villas Apartments                 Reno                  Washoe                NV    Electricity                   
  99    Castaic Apartments                          Castaic               Los Angeles           CA    Gas, Electric                 
  100   La Habra Hills                              La Habra              Orange                CA    Gas, Electric                 
  103   Atherton Park Apartments                    Taylorsville          Salt Lake County      UT    Gas, Electricity              
  106   Sierra Gardens                              Bellflower            Los Angeles           CA    Gas, Electric                 
  107   Shelter Creek Apartments                    San Jose              Santa Clara           CA    Gas, Electric                 
  109   Veteran Plaza                               Los Angeles           Los Angeles           CA    Gas, Electric                 
  110   Rolling Hills Apartments                    Torrance              Los Angeles           CA    Gas, Electric                 
  113   Orchard View Apartments                     Tacoma                Pierce                WA    Gas, Electric                 
  115   Waterford Place Condominiums                Athens                Clarke                GA    Electricity, Water            
  116   Nimitz Point Apartments                     San Diego             San Diego             CA    Gas, Electric                 
  119   Del Prado Apartments                        Downey                Los Angeles           CA    Gas, Electric                 
  120   Concord Villas                              Riverside             Riverside             CA    Gas, Electric                 
  122   Colonial Arms Apartments                    Center Township       Beaver                PA    Electricity                   
  123   Westport Apartments                         Corcoran              Kings                 CA    Gas, Electric                 
  125   Americana Palos Verdes Apartments           Las Vegas             Clark County          NV    Electricity                   
  127   Brooktree Estates Apartments                Los Angeles           Los Angeles           CA    Electricity                   
  134   Samoan Sea Apartments                       San Pedro             Los Angeles           CA    Gas, Electric                 
  139   Mesa Breeze Apartments                      Costa Mesa            Orange County         CA    Electricity                   
  140   Palm Garden Apartments                      West Hollywood        Los Angeles           CA    Gas, Electric                 
  141   Harvard Apartments                          Los Angeles           Los Angeles           CA    Electricity, Gas              
  143   Garden Brook Apartments                     Beaverton             Washington            OR    Electricity, Cable T.V.       
  144   Lynmarie Apartments                         Beaverton             Washington            OR    Electricity                   
  146   Casa de Jerado                              Riverside             Riverside             CA    Gas, Electric                 
  147   Palm Central South                          Riverside             Riverside             CA    Gas, Electric                 
  152   Savannah Gardens Apartments                 Cincinnati            Hamilton              OH    Electricity                   
  155   Canal Park Apartments                       Boise                 Ada                   ID    Gas, Electric                 
  159   Raintree Apartments                         Muskogee              Muskogee              OK    Electric                      
  160   Lindys Town Lake Apartments                 Austin                Travis                TX    Electricity                   
  164   Winchester House Apartments                 Virgnia Gardens       Dade County           FL    Electricity                   
  166   Normandie Apartments                        San Antonio           Bexar                 TX    None                          
  171   Casa Alegre Apartments                      Hawthorne             Los Angeles           CA    Gas, Electric                 
</TABLE>

<TABLE>
<CAPTION>
                                                                                           REM. TERM TO MATURITY
 LOAN                                                     CUT-OFF         MATURITY DATE           OR ARD
  NO.                  PROPERTY NAME                    DATE BALANCE        OR ARD(5)              (MOS)          ELEVATOR
<S>     <C>                                             <C>               <C>              <C>                    <C>
   5    Galleria Palms Apartments                           $28,874,586           10/1/08           116              No
   7    Dunwoody Club Apartments                            $24,935,425           10/1/05           80               No
  14    Central Park Apartments                             $10,890,971            6/1/08           112              No
  18    International Residence-Austin (IRA)                $10,534,893            6/1/08           112              No
  20    La Veta Grand Apartments                            $10,023,895            7/1/08           113              No
  23    Wimberly Park                                        $8,745,949            6/1/08           112              No
  27    International Residence San Antonio                  $8,348,406            6/1/08           112              No
  29    Weatherly Walk                                       $7,868,658            9/1/08           115              No
  39    Monterey Park II Apts.                               $6,475,013            9/1/08           115              No
  42    Crestview Apartments                                 $6,096,683           10/1/08           116              No
  45    Casa Del Rey Apartments                              $5,915,181            9/1/08           115              No
  54    1155 Jones Street                                    $5,382,128           10/1/08           116             Yes
  55    Kramer - 6 Arcata Apartments                         $3,457,952            7/1/18           233              No
  56    Kramer - Eureka Apartments                           $1,505,903            7/1/18           233              No
  57    Kramer - Fields Landing                                $317,728            7/1/18           233              No
  58    Vista Oaks Apartment                                 $5,222,195            6/1/18           232              No
  62    Catalina Apartments                                  $4,978,762            8/1/08           114             Yes
  64    Hamilton House Apartments                            $4,950,153            9/1/18           235             Yes
  65    Sacramento Place Apartments                          $4,834,067           10/1/08           116              No
  67    Rudolph-Hendrickson Senior Apartments                $4,700,721            7/1/08           113             Yes
  68    Holborn Village Apartments                           $4,637,145           10/1/08           116              No
  71    Beverly Hills Tower Apartments                       $3,083,429            2/1/08           108             Yes
  72    Beverly Hills Regency Apartments                     $1,398,587            2/1/08           108             Yes
  74    Windsor Court Apartments                             $4,464,735            4/1/08           110              No
  81    Conrad Villas Apts.                                  $3,821,586            6/1/08           112              No
  84    Enclave Apartments                                   $3,662,478            7/1/08           113             Yes
  96    Pacific Terrace Apartments                           $3,344,725            6/1/08           112             Yes
  98    Brookside Villas Apartments                          $3,322,620            8/1/08           114              No
  99    Castaic Apartments                                   $3,316,651            6/1/08           112              No
  100   La Habra Hills                                       $3,286,765            9/1/08           115             Yes
  103   Atherton Park Apartments                             $3,218,428            1/1/08           107              No
  106   Sierra Gardens                                       $3,163,108            7/1/08           113              No
  107   Shelter Creek Apartments                             $3,149,946            6/1/08           112              No
  109   Veteran Plaza                                        $2,986,411            9/1/08           115             Yes
  110   Rolling Hills Apartments                             $2,984,265            7/1/08           113             Yes
  113   Orchard View Apartments                              $2,885,869           10/1/13           176              No
  115   Waterford Place Condominiums                         $2,759,877            6/1/08           112             N/A
  116   Nimitz Point Apartments                              $2,712,573            6/1/08           112             Yes
  119   Del Prado Apartments                                 $2,684,418            9/1/08           115             Yes
  120   Concord Villas                                       $2,684,173            7/1/08           113              No
  122   Colonial Arms Apartments                             $2,639,185            6/1/08           112             N/A
  123   Westport Apartments                                  $2,633,457            6/1/08           112              No
  125   Americana Palos Verdes Apartments                    $2,490,437            9/1/08           115              No
  127   Brooktree Estates Apartments                         $2,483,094            5/1/09           123              No
  134   Samoan Sea Apartments                                $2,268,285            7/1/08           113              No
  139   Mesa Breeze Apartments                               $2,136,648            6/1/08           112              No
  140   Palm Garden Apartments                               $2,130,542            7/1/08           113              No
  141   Harvard Apartments                                   $2,109,935            8/1/08           114             Yes
  143   Garden Brook Apartments                              $2,090,375            8/1/08           114              No
  144   Lynmarie Apartments                                  $2,090,375            8/1/08           114              No
  146   Casa de Jerado                                       $2,073,107            7/1/08           113              No
  147   Palm Central South                                   $2,073,107            7/1/08           113              No
  152   Savannah Gardens Apartments                          $1,992,520            8/1/08           114              No
  155   Canal Park Apartments                                $1,951,864            7/1/18           233              No
  159   Raintree Apartments                                  $1,884,642            7/1/08           113              No
  160   Lindys Town Lake Apartments                          $1,841,071            7/1/08           113              No
  164   Winchester House Apartments                          $1,773,104            2/1/03           48              Yes
  166   Normandie Apartments                                 $1,754,370            4/1/01           26               No
  171   Casa Alegre Apartments                               $1,676,307            7/1/08           113              No
</TABLE>

<PAGE>   28

APPENDIX II
ADDITIONAL INFORMATION REGARDING THE MULTIFAMILY MORTGAGE LOANS

<TABLE>
<CAPTION>
                                                                                                                                   
 LOAN                                                                                                            UTILITIES         
  NO.                  PROPERTY NAME                        CITY                 COUNTY         STATE           TENANT PAYS        
<S>     <C>                                         <C>                   <C>                   <C>   <C>                          
  173   Casa Del Sol North                          Hawthorne             Los Angleles          CA    None                         
  174   Casa Del Sol South                          Hawthorne             Los Angleles          CA    None                         
  179   Hidden Village Apartments                   Phoenix               Maricopa              AZ    Gas, Electric                
  187   The Hampton Apartments                      West Hollywood        Los Angeles County    CA    Electricity                  
  193   Dorchester Gardens Apartments               North Charleston      Charleston County     SC    Electricity                  
  197   Oakhurst Drive Apartments                   Beverly Hills         Los Angeles           CA    Electricity, Gas             
  206   Daisy I Apartments                          Costa Mesa            Orange                CA    Gas, Electric                
  205   Sunset East Apartments                      Renton                King                  WA    Gas, Electric                
  207   Overlook Terrace Apts.                      Edgewood              Pierce                WA    Gas, Electric                
  210   354 S. La Fayette Park Place                Los Angeles           Los Angeles           CA    Gas, Electric                
  214   1841 Fuller Apartments                      Hollywood             Los Angeles           CA    Gas, Electric                
  217   Ballinger Trace Apts.                       Edmonds               Snohomish             WA    Gas, Electric, Water         
  219   Villa Monaco                                La Habra              Orange                CA    Gas, Electric                
  221   Sunset Hill Apartments                      Spokane               Spokane               WA    Gas, Electric                
  222   Le Med Apartments                           Austin                Travis                TX    Electric                     
  224   Bachman Glen Apartments                     Dallas                Dallas                TX    Gas, Electric                
  226   Fairmont Apartments                         Glendale              Los Angeles           CA    Gas, Electric                
  228   St. Andrews Apartments                      Tampa                 Hillsborough          FL    Gas, Electric, Water         
  231   Woodfront Condominiums                      Dallas                Dallas                TX    Gas, Electric                
  234   Emerald Court Apartments                    Enumclaw              King                  WA    Gas, Electric                
  239   San Carlos Apartments                       Portland              Multnomah             OR    Gas, Electric                
  240   Daisy III Apartments                        Costa Mesa            Orange                CA    Gas, Electric                
  241   Evergreen Garden Apts.                      El Cajon              San Diego             CA    Gas, Electric                
  246   Memorial Hills Townhomes                    Houston               Harris                TX    Gas, Electric, Water         
  253   Daisy IV Apartments                         Anaheim               Orange                CA    Gas, Electric                
  261   Glenbrook Place Apartments                  Garland               Dallas                TX    Gas, Electric                
  264   South Park Apartments                       Anaheim               Orange                CA    Gas, Electric                
</TABLE>

<TABLE>
<CAPTION>
                                                                                        REM. TERM TO MATURITY
 LOAN                                                  CUT-OFF         MATURITY DATE           OR ARD
  NO.                  PROPERTY NAME                 DATE BALANCE        OR ARD(5)              (MOS)          ELEVATOR
<S>     <C>                                          <C>               <C>              <C>                    <C>
  173   Casa Del Sol North                                  $859,550            8/1/08           114              No
  174   Casa Del Sol South                                  $765,691            8/1/08           114              No
  179   Hidden Village Apartments                         $1,575,128            6/1/18           232              No
  187   The Hampton Apartments                            $1,490,358            5/1/13           171             Yes
  193   Dorchester Gardens Apartments                     $1,429,195            8/1/02           42               No
  197   Oakhurst Drive Apartments                         $1,371,130            5/1/08           111             Yes
  206   Daisy I Apartments                                $1,283,186            6/1/08           112              No
  205   Sunset East Apartments                            $1,282,645            9/1/08           115              No
  207   Overlook Terrace Apts.                            $1,266,436            8/1/08           114              No
  210   354 S. La Fayette Park Place                      $1,232,844            7/1/05           77              Yes
  214   1841 Fuller Apartments                            $1,195,082            9/1/13           175             Yes
  217   Ballinger Trace Apts.                             $1,166,073            5/1/13           171              No
  219   Villa Monaco                                      $1,139,147            7/1/08           113              No
  221   Sunset Hill Apartments                            $1,106,814            8/1/08           114              No
  222   Le Med Apartments                                 $1,093,993           10/1/08           116              No
  224   Bachman Glen Apartments                           $1,093,539            9/1/08           115              No
  226   Fairmont Apartments                               $1,082,779            6/1/08           112              No
  228   St. Andrews Apartments                            $1,074,760            7/1/08           113              No
  231   Woodfront Condominiums                            $1,043,388            5/1/08           111              No
  234   Emerald Court Apartments                          $1,002,461            5/1/08           111              No
  239   San Carlos Apartments                               $996,014            9/1/08           115             Yes
  240   Daisy III Apartments                                $994,718            6/1/08           112              No
  241   Evergreen Garden Apts.                              $994,006            9/1/08           115              No
  246   Memorial Hills Townhomes                            $986,647            7/1/18           233              No
  253   Daisy IV Apartments                                 $895,246            6/1/08           112              No
  261   Glenbrook Place Apartments                          $750,732           10/1/03           56               No
  264   South Park Apartments                               $736,217            7/1/08           113              No
</TABLE>

                                     II-25
<PAGE>   29
APPENDIX II
ADDITIONAL INFORMATION REGARDING THE MULTIFAMILY MORTGAGE LOANS

<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
                                                                 Studios                               1 Bedrooms                   
                                                                 -------                               ----------                   
 Loan                                                           Wtd. Avg.                              Wtd. Avg.                    
  No.                 Property Name                 # Units    Rent/Month        Range       # Units    Rent/Month      Range      
- ------------------------------------------------------------------------------------------------------------------------------------
<S>     <C>                                         <C>        <C>           <C>             <C>       <C>          <C>     
   5    Galleria Palms Apartments                     N/A          N/A            N/A          224         $651      $599 - $880    
   7    Dunwoody Club Apartments                      N/A          N/A            N/A          242         $714      $675 -$ 775    
  14    Central Park Apartments                       N/A          N/A            N/A          N/A         N/A           N/A        
  18    International Residence-Austin (IRA)          132         $415        $370 - $540      66          $506      $465 - $720    
  20    La Veta Grand Apartments                      N/A          N/A            N/A          N/A         N/A           N/A        
  23    Wimberly Park                                 N/A          N/A            N/A          224         $482      $415 - $590    
  27    International Residence San Antonio            70         $345        $300 - $456      50          $476      $385 - $630    
  28    Weatherly Walk                                N/A          N/A            N/A          54          $635      $615 - $655    
  39    Monterey Park II Apts.                        N/A          N/A            N/A          N/A         N/A           N/A        
  42    Crestview Apartments                          143         $406        $210 - $455       2          $455      $400 - $510    
  46    Casa Del Rey Apartments                       N/A          N/A            N/A          63          $477      $430 - $510    
  54    1155 Jones Street                              18        $1,188      $428 - $1,400     42         $1,734     $488 - $2,700  
  55    Kramer - 6 Arcata Apartments                  159         $395        $395 - $395      N/A         N/A           N/A        
  56    Kramer - Eureka Apartments                    N/A          N/A            N/A          16          425       $425 - $425    
  57    Kramer - Fields Landing                       N/A          N/A            N/A           6          $367      $350 - $375    
  58    Vista Oaks Apartment                          N/A          N/A            N/A          57          $767      $660 - $920    
  63    Catalina Apartments                            6          $745        $610 - $910      72          $908      $730 - $1,130  
  64    Hamilton House Apartments                      1          $499            N/A          216         $597      $538 - $601    
  65    Sacramento Place Apartments                   N/A          N/A            N/A          107         $501      $475 - $525    
  67    Rudolph-Hendrickson Senior Apartments         N/A          N/A            N/A          104         $490      $445 - $560    
  69    Holborn Village Apartments                    N/A          N/A            N/A          N/A         N/A           N/A        
  71    Beverly Hills Tower Apartments                N/A          N/A            N/A          N/A         N/A           N/A        
  72    Beverly Hills Regency Apartments              N/A          N/A            N/A           6         $1,432     $1,400 - $1,495
  74    Windsor Court Apartments                       1          $400           $400          N/A         N/A           N/A        
  81    Conrad Villas Apts.                           N/A          N/A            N/A          32          $560      $545 - $575    
  84    Enclave Apartments                             30         $870        $800 - $925      41         $1,001     $900 - $1,225  
  96    Pacific Terrace Apartments                    N/A          N/A            N/A          97          $765      $765 - $765    
  99    Brookside Villas Apartments                   N/A          N/A            N/A          16          $473      $445 - $480    
  98    Castaic Apartments                            N/A          N/A            N/A          24          $604      $600 - $615    
  100   La Habra Hills                                 20         $483        $475 - $550      48          $589      $525 - $650    
  103   Atherton Park Apartments                      N/A          N/A            N/A           2          $475         $475        
  106   Sierra Gardens                                N/A          N/A            N/A          N/A         N/A           N/A        
  107   Shelter Creek Apartments                      N/A          N/A            N/A          74          $864      $702 - $1,075  
  109   Veteran Plaza                                 N/A          N/A            N/A          N/A         N/A           N/A        
  110   Rolling Hills Apartments                      N/A          N/A            N/A          59          $749      $650 - $775    
  113   Orchard View Apartments                       N/A          N/A            N/A          24          $439      $425 - $455    
  115   Waterford Place Condominiums                  N/A          N/A            N/A          N/A         N/A           N/A        
  116   Nimitz Point Apartments                        4          $467        $450 - $500      51          $593      $550 - $605    
  119   Del Prado Apartments                          N/A          N/A            N/A          10          $722      $650 - $730    
  120   Concord Villas                                N/A          N/A            N/A          N/A         N/A           N/A        
  123   Colonial Arms Apartments                      N/A          N/A            N/A          95          $416      $399 - $515    
  122   Westport Apartments                           N/A          N/A            N/A          110         $440      $375 - $475    
  126   Americana Palos Verdes Apartments              1          $475           $475          101         $458      $245 - $525    
  127   Brooktree Estates Apartments                   28         $425        $410 - $460      56          $529      $510 - $570    
  134   Samoan Sea Apartments                         143         $428        $300 - $475       1          $550         $550        
  139   Mesa Breeze Apartments                        N/A          N/A            N/A          42          $630      $595 - $670    
  140   Palm Garden Apartments                         3          $546        $495 - $597      33          $805      $613 - $937    
  141   Harvard Apartments                            N/A          N/A            N/A          N/A         N/A           N/A        
  146   Garden Brook Apartments                        48         $446        $435 - $460      48          $498      $495 - $505    
  147   Lynmarie Apartments                            12         $415        $400 - $430      58          $502      $457 - $530    
  144   Casa de Jerado                                N/A          N/A            N/A          22          $431      $415 - $433    
  145   Palm Central South                             9          $393        $390 - $395      45          $465      $445 - $478    
  155   Savannah Gardens Apartments                   N/A          N/A            N/A          48          $360      $345 - $375    
  154   Canal Park Apartments                          24         $388        $385 - $435      44          $449      $435 - $475    
  159   Raintree Apartments                           N/A          N/A            N/A          80          $297      $275 - $300    
  160   Lindys Town Lake Apartments                    29         $406        $385 - $435      17          $470      $450 - $495    
  164   Winchester House Apartments                   N/A          N/A            N/A          24          $495      $490 - $495    
  166   Normandie Apartments                          N/A          N/A            N/A          21          $467      $470 - $490    
  171   Casa Alegre Apartments                         14         $447        $380 - $485      58          $555      $540 - $595    
</TABLE>



<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
                                                           2 Bedrooms                              3 Bedrooms                      
                                                           ----------                              ----------                      
 Loan                                                       Wtd. Avg.                              Wtd. Avg.                       
  No.                 Property Name             #Units    Rent/Month        Range        # Units    Rent/Month        Range        
- -----------------------------------------------------------------------------------------------------------------------------------
<S>     <C>                                     <C>       <C>          <C>               <C>       <C>           <C>
   5    Galleria Palms Apartments                296         $783        $604 - $865        48        $1,002      $935 - $1,275    
   7    Dunwoody Club Apartments                 226         $897        $870 - $955        64        $1,032      $935 - $1,185    
  14    Central Park Apartments                  161        $1,150      $945 - $1,242       25        $1,502     $1,377 - $1,595   
  18    International Residence-Austin (IRA)     112         $679        $635 - $885       200         $775       $685 - $1,114    
  20    La Veta Grand Apartments                 208         $813        $740 - $900        42        $1,061     $1,000 - $1,125   
  23    Wimberly Park                            216         $626       $530 - $1,000      N/A          N/A            N/A         
  27    International Residence San Antonio       36         $671        $610 - $922       192         $751       $585 - $1,200    
  28    Weatherly Walk                           100         $720        $675 - $765        40         $834        $800 - $860     
  39    Monterey Park II Apts.                   136         $708        $675 - $735       N/A          N/A            N/A         
  42    Crestview Apartments                      72         $605        $485 - $750       N/A          N/A            N/A         
  46    Casa Del Rey Apartments                  181         $542        $480 - $725       N/A          N/A            N/A         
  54    1155 Jones Street                        N/A          N/A            N/A           N/A          N/A            N/A         
  55    Kramer - 6 Arcata Apartments             N/A          N/A            N/A           N/A          N/A            N/A         
  56    Kramer - Eureka Apartments                33         $564        $550 - $595       N/A          N/A            N/A         
  57    Kramer - Fields Landing                   4          $474        $425 - $525        1          $575        $575 - $575     
  58    Vista Oaks Apartment                      51         $892        $810 - $995       N/A          N/A            N/A         
  63    Catalina Apartments                       21        $1,126     $1,030 - $1,305     N/A          N/A            N/A         
  64    Hamilton House Apartments                182         $701        $689 - $730       N/A          N/A            N/A         
  65    Sacramento Place Apartments               88         $605        $575 - $635       N/A          N/A            N/A         
  67    Rudolph-Hendrickson Senior Apartments     64         $590        $530 - $630       N/A          N/A            N/A         
  69    Holborn Village Apartments                87         $831       $435 - $1,500      N/A          N/A            N/A         
  71    Beverly Hills Tower Apartments            35        $1,247     $1,125 - $1,495     N/A          N/A            N/A         
  72    Beverly Hills Regency Apartments          10        $1,166     $1,125 - $1,200     N/A          N/A            N/A         
  74    Windsor Court Apartments                 151         $470        $425 - $525        41         $535        $425 - $575     
  81    Conrad Villas Apts.                       80         $665        $635 - $675       N/A          N/A            N/A         
  84    Enclave Apartments                        4         $1,351     $1,300 - $1,430     N/A          N/A            N/A         
  96    Pacific Terrace Apartments                1          $765            $765          N/A          N/A            N/A         
  99    Brookside Villas Apartments               73         $563        $480 - $580        24         $678        $660 - $685     
  98    Castaic Apartments                        48         $700        $500 - $715        12         $804        $800 - $815     
  100   La Habra Hills                            55         $692        $580 - $710        14         $885        $825 - $895     
  103   Atherton Park Apartments                 142         $558        $540 - $650       N/A          N/A            N/A         
  106   Sierra Gardens                            78         $697        $685 - $740        18         $895        $895 - $895     
  107   Shelter Creek Apartments                  50        $1,036      $826 - $1,157      N/A          N/A            N/A         
  109   Veteran Plaza                             26        $1,663     $1,500 - $2,050      1         $3,575         $3,575        
  110   Rolling Hills Apartments                  30         $866        $725 - $900        18         $965       $825 - $1,000    
  113   Orchard View Apartments                   90         $539        $510 - $565        6          $742        $720 - $760     
  115   Waterford Place Condominiums             N/A          N/A            N/A           N/A          N/A            N/A         
  116   Nimitz Point Apartments                   9          $749        $695 - $815       N/A          N/A            N/A         
  119   Del Prado Apartments                      35         $833        $790 - $850        11         $969       $850 - $1,050    
  120   Concord Villas                            53         $648        $625 - $700        17         $764        $750 - $775     
  123   Colonial Arms Apartments                  25         $514        $479 - $549       N/A          N/A            N/A         
  122   Westport Apartments                       44         $506        $375 - $525        36         $592        $550 - $595     
  126   Americana Palos Verdes Apartments        N/A          N/A            N/A           N/A          N/A            N/A         
  127   Brooktree Estates Apartments              36         $664        $625 - $750       N/A          N/A            N/A         
  134   Samoan Sea Apartments                     7          $738        $725 - $775       N/A          N/A            N/A         
  139   Mesa Breeze Apartments                    20         $832        $795 - $865       N/A          N/A            N/A         
  140   Palm Garden Apartments                    16        $1,079      $751 - $1,500      N/A          N/A            N/A         
  141   Harvard Apartments                        43         $953       $900 - $1,100      N/A          N/A            N/A         
  146   Garden Brook Apartments                   24         $603        $600 - $610       N/A          N/A            N/A         
  147   Lynmarie Apartments                       72         $583        $500 - $590        28         $636        $630 - $800     
  144   Casa de Jerado                            98         $486        $475 - $503       N/A          N/A            N/A         
  145   Palm Central South                        50         $536        $478 - $545        10         $627        $598 - $645     
  155   Savannah Gardens Apartments               72         $447        $430 - $460       N/A          N/A            N/A         
  154   Canal Park Apartments                     4          $505        $495 - $535       N/A          N/A            N/A         
  159   Raintree Apartments                       64         $357        $300 - $365       N/A          N/A            N/A         
  160   Lindys Town Lake Apartments               48         $571        $475 - $625        8          $758        $695 - $795     
  164   Winchester House Apartments               52         $585        $500 - $635       N/A          N/A            N/A         
  166   Normandie Apartments                      72         $613        $610 - $650        16         $753        $675 - $790     
  171   Casa Alegre Apartments                    4          $758        $750 - $765       N/A          N/A            N/A         
</TABLE>


<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------
                                                                4 Bedrooms                         
                                                                ----------                            Range
 Loan                                                            Wtd. Avg.                             for
  No.                 Property Name                # Units      Rent/Month           Range        Entire Property
- ------------------------------------------------------------------------------------------------------------------
<S>     <C>                                        <C>         <C>             <C>               <C>
   5    Galleria Palms Apartments                   N/A            N/A               N/A         $  599 - $1,275
   7    Dunwoody Club Apartments                    N/A            N/A               N/A         $  675 - $1,185
  14    Central Park Apartments                     N/A            N/A               N/A         $  945 - $1,595
  18    International Residence-Austin (IRA)        N/A            N/A               N/A         $  370 - $1,114
  20    La Veta Grand Apartments                    N/A            N/A               N/A         $  745 - $1,125
  23    Wimberly Park                               N/A            N/A               N/A         $  415 - $1,000
  27    International Residence San Antonio         N/A            N/A               N/A         $  300 - $1,200
  28    Weatherly Walk                              N/A            N/A               N/A         $  615 - $  860
  39    Monterey Park II Apts.                      N/A            N/A               N/A         $  675 - $  735
  42    Crestview Apartments                        N/A            N/A               N/A         $  210 - $  750
  46    Casa Del Rey Apartments                     N/A            N/A               N/A         $  430 - $  725
  54    1155 Jones Street                           N/A            N/A               N/A         $  428 - $2,700
  55    Kramer - 6 Arcata Apartments                N/A            N/A               N/A         $  395
  56    Kramer - Eureka Apartments                  N/A            N/A               N/A         $  425 - $  595
  57    Kramer - Fields Landing                     N/A            N/A               N/A         $  350 - $  575
  58    Vista Oaks Apartment                        N/A            N/A               N/A         $  660 - $  995
  63    Catalina Apartments                         N/A            N/A               N/A         $  610 - $1,305
  64    Hamilton House Apartments                   N/A            N/A               N/A         $  499 - $  730
  65    Sacramento Place Apartments                 N/A            N/A               N/A         $  475 - $  635
  67    Rudolph-Hendrickson Senior Apartments       N/A            N/A               N/A         $  445 - $  630
  69    Holborn Village Apartments                  N/A            N/A               N/A         $  435 - $1,500
  71    Beverly Hills Tower Apartments              N/A            N/A               N/A         $1,125 - $1,495
  72    Beverly Hills Regency Apartments            N/A            N/A               N/A         $1,125 - $1,495
  74    Windsor Court Apartments                    N/A            N/A               N/A         $  400 - $  575
  81    Conrad Villas Apts.                         N/A            N/A               N/A         $  545 - $  675
  84    Enclave Apartments                          N/A            N/A               N/A         $  800 - $1,430
  96    Pacific Terrace Apartments                  N/A            N/A               N/A         $  765
  99    Brookside Villas Apartments                 N/A            N/A               N/A         $  445 - $  685
  98    Castaic Apartments                          N/A            N/A               N/A         $  600 - $  815
  100   La Habra Hills                              N/A            N/A               N/A         $  475 - $  895
  103   Atherton Park Apartments                    N/A            N/A               N/A         $  475 - $  650
  106   Sierra Gardens                              N/A            N/A               N/A         $  685 - $  895
  107   Shelter Creek Apartments                    N/A            N/A               N/A         $  702 - $1,157
  109   Veteran Plaza                               N/A            N/A               N/A         $1,500 - $3,575
  110   Rolling Hills Apartments                    N/A            N/A               N/A         $  650 - $1,000
  113   Orchard View Apartments                     N/A            N/A               N/A         $  425 - $  760
  115   Waterford Place Condominiums                 36          $1,100        $1,060 - $1,100   $1,060 - $1,100
  116   Nimitz Point Apartments                     N/A            N/A               N/A         $  450 - $  815
  119   Del Prado Apartments                        N/A            N/A               N/A         $  650 - $1,050
  120   Concord Villas                              N/A            N/A               N/A         $  625 - $  775
  123   Colonial Arms Apartments                    N/A            N/A               N/A         $  399 - $  549
  122   Westport Apartments                         N/A            N/A               N/A         $  375 - $  595
  126   Americana Palos Verdes Apartments           N/A            N/A               N/A         $  245 - $  525
  127   Brooktree Estates Apartments                N/A            N/A               N/A         $  410 - $  750
  134   Samoan Sea Apartments                       N/A            N/A               N/A         $  300 - $  775
  139   Mesa Breeze Apartments                      N/A            N/A               N/A         $  595 - $  865
  140   Palm Garden Apartments                      N/A            N/A               N/A         $  494 - $1,500
  141   Harvard Apartments                          N/A            N/A               N/A         $  900 - $1,100
  146   Garden Brook Apartments                     N/A            N/A               N/A         $  435 - $  610
  147   Lynmarie Apartments                         N/A            N/A               N/A         $  400 - $  800
  144   Casa de Jerado                              N/A            N/A               N/A         $  415 - $  503
  145   Palm Central South                          N/A            N/A               N/A         $  390 - $  645
  155   Savannah Gardens Apartments                 N/A            N/A               N/A         $  345 - $  460
  154   Canal Park Apartments                       N/A            N/A               N/A         $  385 - $  535
  159   Raintree Apartments                         N/A            N/A               N/A         $  275 - $  365
  160   Lindys Town Lake Apartments                 N/A            N/A               N/A         $  385 - $  795
  164   Winchester House Apartments                 N/A            N/A               N/A         $  490 - $  635
  166   Normandie Apartments                        N/A            N/A               N/A         $  470 - $  790
  171   Casa Alegre Apartments                      N/A            N/A               N/A         $  380 - $  765
</TABLE>



                                     II-26
<PAGE>   30



APPENDIX II
ADDITIONAL INFORMATION REGARDING THE MULTIFAMILY MORTGAGE LOANS

<TABLE>
<CAPTION>
- ----------------------------------------------------------------------------------------------------------------------------------
                                                                Studios                               1 Bedrooms                  
                                                                -------                               ----------                  
 Loan                                                          Wtd. Avg.                              Wtd. Avg.                   
  No.                 Property Name              # Units    Rent/Month        Range       # Units    Rent/Month      Range        
- ----------------------------------------------------------------------------------------------------------------------------------
<S>     <C>                                      <C>        <C>           <C>             <C>        <C>        <C>               
  173   Casa Del Sol North                          4           405        $400 - $410      34          558       $495 - $600     
  174   Casa Del Sol South                          1           360        $360 - $360      42          525       $500 - $550     
  179   Hidden Village Apartments                  N/A          N/A            N/A          32          $417      $360 - $425     
  187   The Hampton Apartments                      3          $433        $399 - $450      27          $560      $320- $678      
  193   Dorchester Gardens Apartments              N/A          N/A            N/A          48          $358      $340 - $375     
  197   Oakhurst Drive Apartments                  N/A          N/A            N/A           4         $1,306     $1,275 - $1,350 
  206   Daisy I Apartments                         N/A          N/A            N/A           3          $638      $608 - $675     
  205   Sunset East Apartments                     N/A          N/A            N/A          N/A         N/A           N/A         
  207   Overlook Terrace Apts.                     N/A          N/A            N/A          24          $439      $400 - $475     
  210   354 S. La Fayette Park Place               N/A          N/A            N/A          35          $536      $500 - $600     
  214   1841 Fuller Apartments                     N/A          N/A            N/A          12          $783      $475 - $875     
  217   Ballinger Trace Apts.                      N/A          N/A            N/A          N/A         N/A           N/A         
  219   Villa Monaco                               N/A          N/A            N/A          15          $569      $550 - $580     
  221   Sunset Hill Apartments                     N/A          N/A            N/A          22          $348      $300 - $360     
  222   Le Med Apartments                          N/A          N/A            N/A          68          $475      $475 - $475     
  224   Bachman Glen Apartments                    N/A          N/A            N/A          28          $419      $375 - $470     
  226   Fairmont Apartments                        N/A          N/A            N/A          39          $541      $515 - $600     
  228   St. Andrews Apartments                     N/A          N/A            N/A          N/A         N/A           N/A         
  231   Woodfront Condominiums                      2          $355        $355 - $355      37          $461      $455 - $475     
  234   Emerald Court Apartments                   N/A          N/A            N/A           4          $595      $590 - $600     
  239   San Carlos Apartments                       21         $476        $445 - $525      13          $628      $595 - $685     
  242   Daisy III Apartments                       N/A          N/A            N/A           1          $665         $665         
  240   Evergreen Garden Apts.                     N/A          N/A            N/A          52          $445         $445         
  247   Memorial Hills Townhomes                   N/A          N/A            N/A          N/A         N/A           N/A         
  256   Daisy IV Apartments                        N/A          N/A            N/A           1          $650         $650         
  261   Glenbrook Place Apartments                 N/A          N/A            N/A          17          $418      $410 - $430     
  265   South Park Apartments                      N/A          N/A            N/A           6          $563      $550 - $575     
</TABLE>



<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------------------------
                                                               2 Bedrooms                              3 Bedrooms                  
                                                               ----------                              ----------                  
 Loan                                                           Wtd. Avg.                              Wtd. Avg.                   
  No.                 Property Name                 # Units    Rent/Month        Range        # Units    Rent/Month        Range   
- -----------------------------------------------------------------------------------------------------------------------------------
<S>     <C>                                         <C>       <C>      <C>         <C>        <C>      <C>           <C>           
  173   Casa Del Sol North                          4           750        $750 - $750       N/A          N/A            N/A       
  174   Casa Del Sol South                          6           675        $625 - $725       N/A          N/A            N/A       
  179   Hidden Village Apartments                   97         $520        $486 - $527        1          $709           $709       
  187   The Hampton Apartments                      12         $780        $633 - $887       N/A          N/A            N/A       
  193   Dorchester Gardens Apartments               54         $415        $400 - $435        12         $508        $495 - $525   
  197   Oakhurst Drive Apartments                   8         $1,634     $1,500 - $1,750     N/A          N/A            N/A       
  206   Daisy I Apartments                          22         $794        $740 - $855        1          $935           $935       
  205   Sunset East Apartments                      40         $658        $500 - $675       N/A          N/A            N/A       
  207   Overlook Terrace Apts.                      24         $550        $525 - $575       N/A          N/A            N/A       
  210   354 S. La Fayette Park Place                6          $655        $400 - $750       N/A          N/A            N/A       
  214   1841 Fuller Apartments                      15        $1,153      $970 - $1,400      N/A          N/A            N/A       
  217   Ballinger Trace Apts.                       26         $873       $795 - $1,010       1         $1,060         $1,060      
  219   Villa Monaco                                25         $666        $655 - $675       N/A          N/A            N/A       
  221   Sunset Hill Apartments                      35         $413        $390 - $420       N/A          N/A            N/A       
  222   Le Med Apartments                           20         $660        $660 - $660       N/A          N/A            N/A       
  224   Bachman Glen Apartments                     48         $531        $440 - $676       N/A          N/A            N/A       
  226   Fairmont Apartments                         3          $838        $690 - $985       N/A          N/A            N/A       
  228   St. Andrews Apartments                      36         $620        $504 - $640       N/A          N/A            N/A       
  231   Woodfront Condominiums                      10         $575        $575 - $575       N/A          N/A            N/A       
  234   Emerald Court Apartments                    24         $650        $650 - $650       N/A          N/A            N/A       
  239   San Carlos Apartments                       4          $858        $830 - $895       N/A          N/A            N/A       
  242   Daisy III Apartments                        20         $786        $730 - $840        1          $875           $875       
  240   Evergreen Garden Apts.                      16         $550            $550          N/A          N/A            N/A       
  247   Memorial Hills Townhomes                    40         $581        $525 - $615       N/A          N/A            N/A       
  256   Daisy IV Apartments                         18         $744        $725 - $780        1          $870           $870       
  261   Glenbrook Place Apartments                  67         $527        $500 - $550        4          $665        $655 - $675   
  265   South Park Apartments                       15         $689        $675 - $695       N/A          N/A            N/A       
</TABLE>




<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------------------------
                                                              4 Bedrooms                         
                                                              ----------                              Range
 Loan                                                          Wtd. Avg.                               for
  No.                 Property Name                 # Units   Rent/Month           Range        Entire Property
- ----------------------------------------------------------------------------------------------------------------- 
<S>     <C>                                       <C>        <C>               <C>              <C>
  173   Casa Del Sol North                         N/A            N/A               N/A         $  400 - $  750
  174   Casa Del Sol South                         N/A            N/A               N/A         $  360 - $  725
  179   Hidden Village Apartments                  N/A            N/A               N/A         $  360 - $  709
  187   The Hampton Apartments                     N/A            N/A               N/A         $  399 - $  887
  193   Dorchester Gardens Apartments              N/A            N/A               N/A         $  340 - $  525
  197   Oakhurst Drive Apartments                  N/A            N/A               N/A         $1,275 - $1,750
  206   Daisy I Apartments                         N/A            N/A               N/A         $  608 - $  935
  205   Sunset East Apartments                     N/A            N/A               N/A         $  500 - $  675
  207   Overlook Terrace Apts.                     N/A            N/A               N/A         $  400 - $  575
  210   354 S. La Fayette Park Place               N/A            N/A               N/A         $  500 - $  750
  214   1841 Fuller Apartments                     N/A            N/A               N/A         $  475 - $1,400
  217   Ballinger Trace Apts.                      N/A            N/A               N/A         $  795 - $1,060
  219   Villa Monaco                               N/A            N/A               N/A         $  550 - $  675
  221   Sunset Hill Apartments                     N/A            N/A               N/A         $  300 - $  420
  222   Le Med Apartments                          N/A            N/A               N/A         $  475 - $  660
  224   Bachman Glen Apartments                    N/A            N/A               N/A         $  375 - $  676
  226   Fairmont Apartments                        N/A            N/A               N/A         $  515 - $  985
  228   St. Andrews Apartments                     N/A            N/A               N/A         $  504 - $  640
  231   Woodfront Condominiums                     N/A            N/A               N/A         $  355 - $  575
  234   Emerald Court Apartments                   N/A            N/A               N/A         $  590 - $  650
  239   San Carlos Apartments                      N/A            N/A               N/A         $  445 - $  895
  242   Daisy III Apartments                       N/A            N/A               N/A         $  665 - $  875
  240   Evergreen Garden Apts.                     N/A            N/A               N/A         $  445 - $  550
  247   Memorial Hills Townhomes                   N/A            N/A               N/A         $  525 - $  615
  256   Daisy IV Apartments                        N/A            N/A               N/A         $  650 - $  870
  261   Glenbrook Place Apartments                 N/A            N/A               N/A         $  410 - $  675
  265   South Park Apartments                      N/A            N/A               N/A         $  550 - $  695
</TABLE>


                                     II-27

<PAGE>   31
         FOOTNOTES TO APPENDIX II

(1)      "WF" and "MS" denote Wells Fargo Bank, National Association and Morgan
         Stanley Mortgage Capital Inc., respectively, as Sellers.

(2)      Sets of Mortgage Loans that have identical alphabetical coding
         designate multiple loans that are cross-collateralized and
         cross-defaulted, while Mortgage Loans that have identical Roman Numeral
         coding indicate multiple properties securing one note. For the purposes
         of the Prospectus Supplement, the latter are treated as if they were
         multiple loans that are cross-collateralized and cross-defaulted.

         Loan No. 3, The Mission Valley Hilton, serves as additional collateral
         for Loan No. 4, the Hanalei Hotel. The Hanalei Hotel does not serve as
         additional collateral for the Mission Valley Hilton. This additional
         collateral feature of the Hanalei Hotel Loan may be released when the
         Hanalei Hotel Property achieves a certain minimum DSCR on a stand-alone
         basis. The Mission Valley Hilton borrower has requested release of the
         additional collateral provision based on the recent financial
         performance of the Hanalei Hotel Property.

         Loan Nos. 10-14, the "Ward Portfolio", contain provisions that permit
         the borrower to obtain release of portfolio properties from the
         mortgage lien after the applicable Lock-out period, provided 125% of
         the property allocated balance is defeased or prepaid (with any
         applicable yield maintenance premium), and the underwritten NOI of the
         remaining properties subject to the mortgage lien at the time of the
         release is greater than or equal to the underwritten 1997 NOI.

(3)      The Cut-Off Date Balance reported for Loan No. 17, North Los Altos
         Shopping Center, represents the total balance of two promissory notes
         secured by mortgages on a shopping center and a related "pad" building.

         Loan No. 21, 1 Lombard Street & 150 Greenwich St., permits the borrower
         to incur additional, subordinate property-secured financing from a
         third-party lender, provided a combined maximum 65% LTV ratio and a
         minimum combined 1.55x DSCR, are maintained.

         Loan Nos. 125, 127, and 187, Americana Palos Verdes Apartments,
         Brooktree Estates Apartments, and The Hampton Apartments, permit the
         related borrowers to incure additional, subordinate property-secured
         financing from a third-party lender, provided combined maximum 70% LTV
         ratios and minimum combined 1.30x DSCRs are maintained.

(4)      Certain ratios including Cut-Off Date Balance / Unit or SF, DSCR, LTV
         and Balloon LTV are calculated on a combined basis for Mortgage Loans
         that are secured by multiple properties or are cross-collateralized and
         cross-defaulted. For the purposes of the statistical information set
         forth in this Prospectus Supplement, as to such multiple property
         loans, a portion of the aggregate Cut-Off Date Balance has been
         allocated to each property, generally based on relative appraised value
         or Underwritable Cash Flow. For purposes of information contained
         within the Prospectus Supplement, Balloon Loans are defined as having a
         balance at maturity totaling 10% or more of the related Mortgage
         Loans's original principal balance.

(5)      "ARD" indicates the Anticipated Repayment Date for hyper-amortizing
         Mortgage Loans. Loan No. 1, Golf Mill Shopping Center, and Loan No. 5,
         Galleria Palms Apartments, are the only hyper-amortizing Mortgage Loans
         in the Mortgage Pool.

(6)      The Amortization Term shown is the basis for determining the fixed
         monthly principal and interest payment as set forth in the related
         note. Due to the actual/360 interest calculation methodology applied to
         most Mortgage Loans, the actual amortization to a zero balance will be
         longer.

                                     II-28
<PAGE>   32
         FOOTNOTES TO APPENDIX II


(7)      The year indicated is the later of the property's construction date or
         date of renovation.

(8)      Loan No. 6, 55 Hawthorne & 631 Howard, requires monthly payments of
         interest only until its maturity on August 1, 2003. In addition, the
         lender maintains a $2,500,000 holdback, a portion of which may be
         applied to the outstanding principal balance on June 1, 1999, should
         the borrower fail to meet certain leasing thresholds. Any related
         principal reduction is subject to a yield maintenance premium charge.
         Please see Appendix III, the "Significant Loan Summaries" for further
         information.

(9)      In general for each property, "Percent Leased" was determined based on
         a rent roll provided by the borrower. In certain cases, "Percent
         Leased" was determined based on an appraisal, executed lease, operating
         statement or occupancy report. "Percent Leased as of Date" indicates
         the date as of which "Percent Leased" was determined based on such
         information. For hospitality properties, the data shown is the average
         daily occupancy rate, generally for the immediately preceding twelve
         month period.

(10)     "Largest Tenant" refers to the tenant that represents the greatest
         percentage, equal to, or in excess of 20%, of the total square footage
         at the subject property.

(11)     The replacement reserves indicated by a "yes" may be one-time
         collections, or on-going. In certain instances, the replacement
         reserves may be capped at certain amounts, collected only for certain
         periods of the Mortgage Loan terms, or may not be replenished after a
         release of funds.

(12)     "Seasoning" represents the approximate number of months elapsed from
         the date of the first regularly scheduled payment or due date to the
         Cut-Off Date.

(13)     Indicates prepayment provisions from the first Due Date as stated in
         the Mortgage Loan. "YM" represents yield maintenance and "YM1"
         represents the greater of yield maintenance or one percent of the
         outstanding principal balance at such time, respectively. "DEF/YM1" is
         an option for the borrower to choose defeasance or the greater of yield
         maintenance or one percent of the outstanding principal balance. DEF/YM
         is an option for the borrower to choose defeasance or yield
         maintenance. The stated percentages represent Percentage Premiums.
         "Open" represents a period during which Principal Prepayments are
         permitted without payment of a Prepayment Premium. For each Mortgage
         Loan, the number set forth under a category of prepayment provision
         represents the number of months in the original term to maturity for
         which such provision applies. Loan No. 112, Rimrock Plaza Shopping
         Center, permits prepayment of up to 10% of the original loan balance in
         any loan year without a Prepayment Premium.

(14)     The "Administrative Cost Rate" indicated for each Mortgage Loan will be
         calculated based on the same interest calculation methodology (i.e.,
         actual/360) applicable to each Mortgage Loan.


                                     II-29
<PAGE>   33
<TABLE>
<CAPTION>
 Tab           Project Name                                    Property Type        Current Balance     Year Built    Year Renovated
 ---           ------------                                    -------------        ---------------     ----------    --------------
<S>                                                            <C>                  <C>                 <C>           <C> 
  1   Golf Mill Shopping Center                                 Retail               $ 41,232,653.77       1958           1998
  2   Silvertree Hotel and Wildwood Lodge                       Hospitality          $ 34,704,501.13       1968           1992
  3   Mission Valley Hilton Hotel                               Hospitality          $ 19,531,446.41       1988            N/A
  4   Hanalei Hotel                                             Hospitality          $ 13,847,976.55       1956           1997
  5   Galleria Palms Apartments                                 Multifamily          $ 28,874,586.04       1997            N/A
  6   55 Hawthorne & 631 Howard                                 Office               $ 28,000,000.00       1929           1988
  7   Dunwoody Club Apartments                                  Multi-family         $ 24,935,425.44       1979           1998
  8   Grapevine Town Shopping Center                            Retail               $ 16,682,121.08       1995            N/A
  9   Ward - Bel Air Professional Ctr                           Office                $ 6,002,684.01       1996            N/A
 10   Ward - Bel Air Retail                                     Retail                $ 4,489,610.74       1995            N/A
 11   Ward - Bright Oaks Office                                 Office                $ 2,802,906.18       1991            N/A
 12   Ward - Blue Spruce                                        Retail                  $ 892,961.25       1993            N/A
 13   Ward - Hayes/Thomas Office                                Office                  $ 793,743.35       1970           1998
 14   Central Park Apartments                                   Multi-family         $ 10,890,971.23       1971           1997
 15   Boca Industrial                                           Industrial            $ 5,782,357.27       1998            N/A
 16   South Congress Industrial                                 Industrial            $ 4,967,276.09       1981            N/A
 17   North Los Altos Shopping Center                           Retail               $ 10,644,644.12       1963           1996
 18   International Residence-Austin (IRA)                      Multi-family         $ 10,534,893.45       1986           1996
 19   Crossway Commons Shopping Center                          Retail               $ 10,395,375.42       1992           1997
 20   La Veta Grand Apartments                                  Multifamily          $ 10,023,895.08       1971           1995
 21   1 Lombard St. & 150 Greenwich St.                         Office                $ 9,930,816.47       1895           1994
 22   Vintage Court Hotel                                       Hospitality           $ 9,901,989.98       1913           1982
 23   Wimberly Park                                             Multi-family          $ 8,745,949.33       1981            N/A
 24   Federal Express Building                                  Industrial            $ 8,597,635.26       1998            N/A
 25   Merrimac Plaza Shopping Center                            Retail                $ 8,519,178.90       1961           1984
 26   Stockton Center                                           Retail                $ 8,413,848.40       1986           1998
 27   International Residence San Antonio                       Multi-family          $ 8,348,406.17       1985            N/A
 28   Corporate Drive, Sugarland, TX                            Industrial            $ 8,235,245.05       1998            N/A
 29   Weatherly Walk                                            Multi-family          $ 7,868,658.46       1988            N/A
 30   Office Depot - Long Beach, CA                             Industrial            $ 7,628,252.43       1997            N/A
 31   Hurst Harbor Marina                                       Other                 $ 7,527,591.58       1978           1994
 32   Casady Square Shopping Center                             Retail                $ 7,468,307.17       1953           1997
 33   Commonwealth Building                                     Office                $ 7,409,265.32       1946           1995
 34   Coyote Creek Mobile Home Park                             Mobile Home Park      $ 7,350,957.13       1973            N/A
 35   Mountainview Marketplace Shopping Center                  Retail                $ 7,245,516.09       1988            N/A
 36   Hurley's Children & Family Medical Ctr.                   Office                $ 6,909,501.26       1994            N/A
 37   Druid Pointe Office Building                              Office                $ 6,834,406.42       1972           1996
 38   Nohl Plaza Shopping Center                                Retail                $ 6,563,119.30       1966           1989
 39   Monterey Park II Apts.                                    Multi-family          $ 6,475,013.23       1988            N/A
 40   Spring Hill Market Place                                  Retail                $ 6,463,218.69       1989            N/A
 41   Hampton Inn Hotel                                         Hospitality           $ 6,164,172.05       1996            N/A
 42   Crestview Apartments                                      Multi-family          $ 6,096,682.53       1966           1997
 43   Fiesta Shopping Center                                    Retail                $ 6,017,471.18       1996            N/A
 44   Sierra Crest Shopping Center                              Retail                $ 5,971,765.78       1979            N/A
 45   Casa Del Rey Apartments                                   Multi-family          $ 5,915,180.52       1972            N/A
 46   Alameda Business Centre                                   Industrial            $ 5,882,685.08       1978            N/A
 47   58 Charles Street Office Building                         Office                $ 5,859,199.76       1911           1987
 48   Syosset Plaza Shopping Center                             Retail                $ 5,737,324.31       1989            N/A
 49   Silver Creek Shopping Center                              Retail                $ 5,684,908.81       1990            N/A
 50   Martin Woodworking                                        Industrial            $ 5,566,018.64       1998            N/A
 51   Park Bank Office Building                                 Office                $ 5,559,587.62       1997            N/A
 52   Consolidated Technology Warehouse                         Industrial            $ 3,169,736.45       1981            N/A
 53   Consolidated Technology Industrial Building               Industrial            $ 2,219,138.85       1961           1996
 54   1155 Jones Street                                         Multi-family          $ 5,382,128.35       1924            N/A
 55   Kramer - 6 Arcata Apartments                              Multifamily           $ 3,457,951.87       1986            N/A
 56   Kramer - Eureka Apartments                                Multifamily           $ 1,505,902.64       1994            N/A
 57   Kramer - Fields Landing                                   Multifamily             $ 317,728.19       1910           1997
 58   Vista Oaks Apartment                                      Multi-family          $ 5,222,194.97       1988            N/A
</TABLE>
<PAGE>   34
<TABLE>
<CAPTION>
 Tab           Project Name                                    Property Type        Current Balance     Year Built    Year Renovated
 ---           ------------                                    -------------        ---------------     ----------    --------------
<S>                                                            <C>                  <C>                 <C>           <C> 
 59   Nash Finch Distribution Warehouse                         Industrial            $ 5,179,070.37       1941            N/A
 60   Syracuse Center - Phase I                                 Retail                $ 5,153,767.33       1997            N/A
 61   Amador II Building                                        Industrial            $ 5,076,330.13       1984            N/A
 62   Catalina Apartments                                       Multifamily           $ 4,978,762.14       1989            N/A
 63   4670 Willow Road                                          Office                $ 4,976,794.27       1997            N/A
 64   Hamilton House Apartments                                 Multi-family          $ 4,950,152.76       1969            N/A
 65   Sacramento Place Apartments                               Multi-family          $ 4,834,067.46       1987            N/A
 66   Zycon R&D Building                                        Mixed Use             $ 4,781,085.57       1996            N/A
 67   Rudolph-Hendrickson Senior Apartments                     Multifamily           $ 4,700,721.17       1987            N/A
 68   Holborn Village Apartments                                Multifamily           $ 4,637,144.83       1994            N/A
 69   100 E. Tujunga                                            Office                $ 4,540,721.79       1955           1991
 70   Rancho Anita Industrial Park                              Industrial            $ 4,523,249.66       1982            N/A
 71   Beverly Hills Tower Apartments                            Multifamily           $ 3,083,429.24       1986           1996
 72   Beverly Hills Regency Apartments                          Multifamily           $ 1,398,587.25       1988            N/A
 73   Chico Town & Country Shopping Ctr.                        Retail                $ 4,476,106.66       1988            N/A
 74   Windsor Court Apartments                                  Multifamily           $ 4,464,735.37       1973           1997
 75   Pathmark Super Center-Wilmington, DE                      Retail                $ 4,186,837.33       1981           1988
 76   New Villa Valencia Mobile Home Park                       Mobile Home Park      $ 4,179,134.58       1969           1994
 77   Veterans Plaza Shopping Center                            Retail                $ 4,056,761.60       1965            N/A
 78   150 Sylvan Avenue Shopping Center                         Retail                $ 3,988,941.80       1960           1986
 79   Reynolds Industries Bldg                                  Industrial            $ 3,980,643.77       1969           1992
 80   Strada Da Valle Office Building                           Office                $ 3,833,190.85       1989            N/A
 81   Conrad Villas Apts.                                       Multi-family          $ 3,821,586.09       1973           1997
 82   Ocean Business Park                                       Industrial            $ 3,782,163.54       1956           1990
 83   Westwood Village Shopping Center                          Retail                $ 3,679,102.26       1980           1992
 84   Enclave Apartments                                        Multi-family          $ 3,662,478.14       1986            N/A
 85   Westside Shopping Center                                  Retail                $ 3,592,976.78       1960           1992
 86   Riverside Country Club Mobile Home Park                   Mobile Home Park      $ 3,584,865.93       1972           1995
 87   3030 Bridgeway Boulevard                                  Office                $ 3,584,019.74       1943           1970
 88   Food 4 Less                                               Retail                $ 3,572,460.88       1998            N/A
 89   Suburban Lodge Hotel                                      Hospitality           $ 3,489,679.26       1997            N/A
 90   Pathmark Super Center-Upper Darby, PA                     Retail                $ 3,489,031.11       1978           1988
 91   The Ladco Building                                        Industrial            $ 3,454,596.70       1986           1997
 92   Hickory Plaza                                             Mixed Use             $ 3,438,025.37       1988            N/A
 93   College Way Marketplace                                   Retail                $ 3,410,750.25       1970           1998
 94   Grove Business Joint Venture                              Industrial            $ 3,409,775.55       1983            N/A
 95   Edison Way Industrial Center                              Industrial            $ 3,406,538.50       1950           1985
 96   Pacific Terrace Apartments                                Multi-family          $ 3,344,724.65       1976            N/A
 97   4700-4800 SW 51 St Warehouse                              Industrial            $ 3,338,490.38       1988            N/A
 98   Brookside Villas Apartments                               Multifamily           $ 3,322,619.61       1973           1997
 99   Castaic Apartments                                        Multi-family          $ 3,316,650.69       1990            N/A
 100  La Habra Hills                                            Multi-family          $ 3,286,765.45       1965           1997
 101  5251 - 5271 East 2nd St.                                  Retail                $ 3,268,752.11       1950           1988
 102  Montgomery Business Park                                  Industrial            $ 3,219,984.60       1976           1996
 103  Atherton Park Apartments                                  Multifamily           $ 3,218,428.26       1979           1997
 104  Let's Store It II - Brookhurst                            Mini Storage          $ 3,175,552.95       1978            N/A
 105  Torrance Western Self Storage                             Mini Storage          $ 3,175,552.95       1986            N/A
 106  Sierra Gardens                                            Multi-family          $ 3,163,107.87       1969           1997
 107  Shelter Creek Apartments                                  Multi-family          $ 3,149,946.49       1971           1996
 108  Design Row Shopping Center                                Retail                $ 3,143,705.70       1997            N/A
 109  Veteran Plaza                                             Multi-family          $ 2,986,410.52       1990            N/A
 110  Rolling Hills Apartments                                  Multi-family          $ 2,984,265.49       1970            N/A
 111  Four Corners Shopping Center                              Retail                $ 2,957,009.95       1993            N/A
 112  Rimrock Plaza Shopping Center                             Retail                $ 2,921,620.72       1981            N/A
 113  Orchard View Apartments                                   Multi-family          $ 2,885,869.23       1980            N/A
 114  Secure Self Storage of Old Town                           Mini Storage          $ 2,781,904.24       1983           1994
 115  Waterford Place Condominiums                              Multifamily           $ 2,759,876.98       1992            N/A
 116  Nimitz Point Apartments                                   Multi-family          $ 2,712,572.92       1960           1995
</TABLE>
<PAGE>   35
<TABLE>
<CAPTION>
 Tab           Project Name                                    Property Type        Current Balance     Year Built    Year Renovated
 ---           ------------                                    -------------        ---------------     ----------    --------------
<S>                                                            <C>                  <C>                 <C>           <C> 
 117  Physician's Plaza                                         Office                $ 2,688,941.20       1990            N/A
 118  Artesia Mobile Home Estates                               Mobile Home Park      $ 2,688,158.62       1967           1984
 119  Del Prado Apartments                                      Multi-family          $ 2,684,418.42       1969            N/A
 120  Concord Villas                                            Multi-family          $ 2,684,172.51       1988            N/A
 121  San Mateo Office Complex                                  Office                $ 2,651,476.99       1980            N/A
 122  Colonial Arms Apartments                                  Multifamily           $ 2,639,185.24       1972           1998
 123  Westport Apartments                                       Multi-family          $ 2,633,457.13       1987            N/A
 124  Marina Self Storage                                       Mini Storage          $ 2,631,181.78       1985           1990
 125  Americana Palos Verdes Apartments                         Multifamily           $ 2,490,436.54       1979           1997
 126  Grand York Shopping Center                                Retail                $ 2,485,734.02       1973            N/A
 127  Brooktree Estates Apartments                              Multifamily           $ 2,483,093.74       1978           1996
 128  Daily California Building                                 Industrial            $ 2,422,990.31       1973           1998
 129  The Regent-Chicago                                        Retail                $ 2,386,701.07       1997            N/A
 130  Lyons Shopping Center                                     Retail                $ 2,385,949.91       1965           1991
 131  Renaissance Tech                                          Industrial            $ 2,385,848.76       1984            N/A
 132  Columbian Steel Tank Co.                                  Industrial            $ 2,371,631.27       1958            N/A
 133  Barbur Place Center                                       Mixed Use             $ 2,293,084.22       1988            N/A
 134  Samoan Sea Apartments                                     Multi-family          $ 2,268,284.73       1972           1997
 135  4759 51 Street Warehouse                                  Industrial            $ 2,241,868.86       1987            N/A
 136  20650 Prairie                                             Industrial            $ 2,207,001.75       1981            N/A
 137  Sierra West Business Park                                 Office                $ 2,200,358.38       1987            N/A
 138  PetsMart-Sand City                                        Retail                $ 2,169,356.33       1997            N/A
 139  Mesa Breeze Apartments                                    Multifamily           $ 2,136,647.97       1985            N/A
 140  Palm Garden Apartments                                    Multi-family          $ 2,130,541.72       1969            N/A
 141  Harvard Apartments                                        Multifamily           $ 2,109,934.95       1990            N/A
 142  Safeworks Warehouse                                       Industrial            $ 2,092,986.02       1978           1992
 143  Garden Brook Apartments                                   Multifamily           $ 2,090,374.87       1973            N/A
 144  Lynmarie Apartments                                       Multifamily           $ 2,090,374.87       1979           1997
 145  Storey Plastics Building                                  Industrial            $ 2,083,476.22       1986            N/A
 146  Casa de Jerado                                            Multi-family          $ 2,073,106.77       1968            N/A
 147  Palm Central South                                        Multi-family          $ 2,073,106.77       1971            N/A
 148  Barnes - 380 Tennant Ave                                  Industrial            $   993,877.29       1982            N/A
 149  Barnes - 6550 Brem Lane                                   Industrial            $   646,020.26       1980            N/A
 150  Barnes - Santa Cruz                                       Office                $   422,397.84       1984            N/A
 151  Arctic Business Park III                                  Industrial            $ 2,031,974.08       1974           1997
 152  Savannah Gardens Apartments                               Multifamily           $ 1,992,519.52       1973            N/A
 153  Markison Vista                                            Industrial            $ 1,988,207.28       1987            N/A
 154  London Press Building                                     Industrial            $ 1,961,811.79       1989            N/A
 155  Canal Park Apartments                                     Multi-family          $ 1,951,864.06       1994            N/A
 156  Hayvenhurst Airport Business Park                         Industrial            $ 1,933,264.40       1987            N/A
 157  Bashas' Shopping Center                                   Retail                $ 1,896,519.53       1984           1995
 158  15th & 16th Street Warehouse                              Industrial            $ 1,893,637.61       1988            N/A
 159  Raintree Apartments                                       Multi-family          $ 1,884,642.10       1984            N/A
 160  Lindys Town Lake Apartments                               Multifamily           $ 1,841,071.41       1968           1995
 161  Discount Mini Storage North                               Self Storage          $ 1,809,140.66       1990            N/A
 162  1207-15 Pearl Street Mall                                 Mixed Use             $ 1,791,150.25       1882           1995
 163  Midway Park North                                         Industrial            $ 1,774,475.03       1984            N/A
 164  Winchester House Apartments                               Multifamily           $ 1,773,103.83       1965            N/A
 165  740 W. Knox                                               Industrial            $ 1,767,114.07       1997            N/A
 166  Normandie Apartments                                      Multifamily           $ 1,754,370.07       1964            N/A
 167  Oakmont Shopping Center                                   Retail                $ 1,737,283.26       1969            N/A
 168  Coral Place Pilgrim Building Shopping Center              Retail                $ 1,721,553.12       1975            N/A
 169  1730 I Street                                             Office                $ 1,690,982.31       1986            N/A
 170  Western Digital Building                                  Industrial            $ 1,688,970.50       1979           1996
 171  Casa Alegre Apartments                                    Multi-family          $ 1,676,306.74       1973            N/A
 172  Rodeo Plaza                                               Industrial            $ 1,663,852.08       1983            N/A
 173  Casa Del Sol North                                        Multifamily           $   859,549.96       1970            N/A
 174  Casa Del Sol South                                        Multifamily           $   765,691.08       1969            N/A
</TABLE>
<PAGE>   36
<TABLE>
<CAPTION>
 Tab           Project Name                                    Property Type        Current Balance     Year Built    Year Renovated
 ---           ------------                                    -------------        ---------------     ----------    --------------
<S>                                                            <C>                  <C>                 <C>           <C> 
 175  Staples-Southington                                       Retail                $ 1,616,193.68       1995            N/A
 176  55 th & Wadsworth Retail Center                           Retail                $ 1,593,033.71       1997            N/A
 177  OMA Building                                              Office                $ 1,589,739.81       1988           1998
 178  Cleator Corp Buildings                                    Industrial            $ 1,587,652.42       1976            N/A
 179  Hidden Village Apartments                                 Multi-family          $ 1,575,128.18       1983            N/A
 180  Arctic Business Park II                                   Industrial            $ 1,556,194.82       1978            N/A
 181  Eckerd Drug Store No. 816R                                Retail                $ 1,534,839.64       1997            N/A
 182  Willow Glen Mobile Home Park                              Mobile Home Park      $ 1,517,453.56       1968            N/A
 183  940 E. Diehl Road                                         Office                $ 1,493,270.53       1996            N/A
 184  Gateway Office Center                                     Office                $ 1,491,827.08       1980           1995
 185  Laguna Hills Property                                     Office                $ 1,491,543.87       1982            N/A
 186  Rancho Dominguez                                          Industrial            $ 1,491,512.00       1956           1998
 187  The Hampton Apartments                                    Multifamily           $ 1,490,358.19       1963            N/A
 188  Redwood Self Storage                                      Mini Storage          $ 1,486,864.94       1984            N/A
 189  Hewlett Packard Bldg.                                     Industrial            $ 1,486,280.74       1991            N/A
 190  Spenwick Industrial Park                                  Industrial            $ 1,486,138.71       1976            N/A
 191  Lancaster Medical Office Building                         Office                $ 1,468,452.23       1998            N/A
 192  Dorchester Gardens Apartments                             Multifamily           $ 1,429,194.75       1978           1984
 193  Safeway-Marlow Center                                     Retail                $ 1,421,512.11       1985            N/A
 194  Keylock Mini Storage                                      Self Storage          $ 1,414,860.82       1986           1988
 195  53rd Court Warehouse                                      Industrial            $ 1,395,066.25       1987            N/A
 196  Stadium Court                                             Office                $ 1,387,938.39       1974            N/A
 197  Oakhurst Drive Apartments                                 Multifamily           $ 1,371,129.54       1987            N/A
 198  4602 North Avenue                                         Industrial            $ 1,347,885.32       1986            N/A
 199  Cal Plate, Inc. Buildings                                 Industrial            $ 1,337,796.78       1972           1993
 200  McKinley Business Center                                  Industrial            $ 1,334,901.13       1991            N/A
 201  Rite Aid - Cleveland                                      Retail                $ 1,329,626.54       1998            N/A
 202  77 Rumford Avenue Office Building                         Office                $ 1,295,922.42       1890           1985
 203  Herndon/West Office II                                    Office                $   644,993.57       1986            N/A
 204  Herndon/West Office I                                     Office                $   644,745.95       1986            N/A
 205  Daisy I Apartments                                        Multi-family          $ 1,283,185.79       1974            N/A
 206  Sunset East Apartments                                    Multi-family          $ 1,282,645.37       1969           1993
 207  Overlook Terrace Apts.                                    Multi-family          $ 1,266,435.70       1977            N/A
 208  2275 East Bayshore Road                                   Office                $ 1,234,952.64       1979            N/A
 209  Darant Industrial                                         Industrial            $ 1,233,477.99       1990           1994
 210  354 S. La Fayette Park Place                              Multi-family          $ 1,232,843.55       1970            N/A
 211  22322 Gilberto                                            Industrial            $ 1,212,505.60       1988            N/A
 212  Parkview                                                  Industrial            $ 1,202,865.42       1981            N/A
 213  Las Olas Shopping Center                                  Retail                $ 1,197,602.17       1957           1995
 214  1841 Fuller Apartments                                    Multi-family          $ 1,195,082.27       1960           1991
 215  Brighton Avenue Plaza Shopping Center                     Retail                $ 1,191,768.07       1960           1984
 216  Tiffany Building                                          Mixed Use             $ 1,190,576.06       1916           1992
 217  Ballinger Trace Apts.                                     Multi-family          $ 1,166,072.59       1992            N/A
 218  Freeway Industrial Center                                 Industrial            $ 1,164,795.26       1967           1997
 219  Villa Monaco                                              Multi-family          $ 1,139,146.86       1965           1997
 220  Cheyenne Mountain Blockbuster                             Retail                $ 1,120,699.89       1997            N/A
 221  Sunset Hill Apartments                                    Multi-family          $ 1,106,814.46       1979            N/A
 222  Le Med Apartments                                         Multi-family          $ 1,093,993.26       1971           1994
 223  Kerner Automotive Center                                  Industrial            $ 1,093,880.13       1977            N/A
 224  Bachman Glen Apartments                                   Multi-family          $ 1,093,538.88       1961           1996
 225  Westview Plaza                                            Office                $ 1,088,514.13       1983            N/A
 226  Fairmont Apartments                                       Multi-family          $ 1,082,778.51       1971            N/A
 227  Commerce-Executive                                        Industrial            $ 1,078,602.50       1975            N/A
 228  St. Andrews Apartments                                    Multi-family          $ 1,074,759.97       1985            N/A
 229  Dunbar Amored Building                                    Industrial            $ 1,058,825.11       1955           1998
 230  631 Giguere Court                                         Industrial            $ 1,044,218.81       1989            N/A
 231  Woodfront Condominiums                                    Multi-family          $ 1,043,388.41       1984           1996
 232  Coral Shopping Center                                     Retail                $ 1,022,670.33       1981            N/A
</TABLE>
<PAGE>   37
<TABLE>
<CAPTION>
 Tab           Project Name                                    Property Type        Current Balance     Year Built    Year Renovated
 ---           ------------                                    -------------        ---------------     ----------    --------------
<S>                                                            <C>                  <C>                 <C>           <C> 
 233  Morally Wholesale                                         Industrial            $ 1,016,948.19       1981           1997
 234  Emerald Court Apartments                                  Multi-family          $ 1,002,461.12       1989            N/A
 235  1500 International Parkway                                Industrial            $   999,074.14       1986            N/A
 236  4801 W. 147th                                             Industrial            $   995,288.02       1967           1997
 237  7225 & 7235 Bermuda Road                                  Industrial            $   991,825.91       1993            N/A
 238  150 North Gibson Road                                     Industrial            $   991,825.75       1997            N/A
 239  San Carlos Apartments                                     Multi-family          $   996,013.57       1926           1992
 240  Daisy III Apartments                                      Multi-family          $   994,717.61       1977            N/A
 241  Evergreen Garden Apts.                                    Multi-family          $   994,005.75       1972            N/A
 242  Albermarle Center                                         Office                $   993,834.62       1970            N/A
 243  The Village at Weber Ranch                                Retail                $   991,159.49       1989            N/A
 244  U-Stor George Washington                                  Self Storage          $   991,072.26       1995            N/A
 245  1410 W. 10th Pl.                                          Industrial            $   987,406.15       1979           1997
 246  Memorial Hills Townhomes                                  Multi-family          $   986,647.13       1984            N/A
 247  Espalier Square                                           Office                $   984,377.56       1977            N/A
 248  Mission Plaza                                             Office                $   969,251.08       1983            N/A
 249  Huebner Road Office Buildings                             Office                $   964,937.01       1986           1994
 250  Kickapoo Plaza Shopping Center                            Retail                $   952,949.06       1983            N/A
 251  Cascade Optical Buildings                                 Industrial            $   929,528.77       1967           1983
 252  The 3700 Building                                         Office                $   918,969.50       1978            N/A
 253  Daisy IV Apartments                                       Multi-family          $   895,245.85       1976            N/A
 254  2201 Sturgis                                              Industrial            $   892,764.93       1997            N/A
 255  Petal Street                                              Industrial            $   889,722.79       1983            N/A
 256  Thrifty Payless, Laguna Niguel                            Retail                $   443,949.56       1972            N/A
 257  Thrifty Payless, Bellflower                               Retail                $   443,949.56       1970            N/A
 258  Jam Pharmaceutical                                        Industrial            $   877,726.83       1985            N/A
 259  Sonora Court                                              Industrial            $   839,584.74       1976            N/A
 260  Parkway Square                                            Industrial            $   805,223.95       1982            N/A
 261  Glenbrook Place Apartments                                Multi-family          $   750,732.40       1968            N/A
 262  4625 West Jennifer Avenue                                 Industrial            $   744,770.44       1988            N/A
 263  Commercial Building West Lake Village                     Industrial            $   738,482.62       1986            N/A
 264  South Park Apartments                                     Multi-family          $   736,217.15       1986           1997
 265  Reseda Mobile Homes                                       Mobile Home Park      $   735,728.03       1960            N/A
 266  Murphy Avenue                                             Industrial            $   723,836.19       1976           1997
 267  10925 Kinross Avenue                                      Retail                $   693,229.81       1952           1998
 268  4 Wrigley Street                                          Industrial            $   640,346.05       1980            N/A
 269  9 Marconi Street                                          Industrial            $   634,596.08       1980            N/A
 270  Westridge Commerce Center                                 Industrial            $   497,522.61       1991            N/A
 271  Centennial Green                                          Office                $   477,169.75       1982            N/A
 272  Bowser Tech                                               Industrial            $   467,228.67       1985            N/A
 273  1720 Greenville Avenue                                    Industrial            $   452,317.19       1980           1990
 274  Taco Bell/ Scottsdale                                     Retail                $   416,574.36       1975            N/A
</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission