| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 12 |
Capistrano I Office Buildings |
OF |
$26,720,000 |
188,036 |
80.0 |
5.237000 % |
| | 27122-27136 Paseo Espada, San Juan Capistrano CA 92675 | | 1.7% | 85% | 1.51x (UW) | Bank of America |
|  | | Tenant | % | Expires | | I Los Golondrinas Mex. Fo Arturo Galindo. JR | 3 | 01/31/09 | | Kaseya Corp | 2 | 04/30/09 | | Total Image Motor Sports | 2 | 02/28/13 |
|
| 38 |
Friar's Branch Crossing |
OF |
$10,025,952 |
109,001 |
64.7 |
5.250000 % |
| Past Due | 6020 Shallowford Road, Chattanooga TN 37421 | | 0.7% | 85% | 1.87x (6 mths) | Bridger |
|  | | Tenant | % | Expires | | Delta educational | 30 | 03/30/14 | | Volkert & Associates | 11 | 03/01/11 | | Southern Lighting | 9 | 08/11/09 |
|
| Loan transferred to SS November, 2008 due to bankruptcy of Master tenant in TIC structure (DBSI). Fee owners of real estate are not in bankruptcy. All of the DBSI properties managed by ORIX have been extracted from the bankruptcy. All of the TIC owners have identified a new property management company. We are actively negotiating the reinstatement of the loans. Reinstatement terms for Friar\'s Branch have been aprpoved and should close imminently. Lincoln Park business plan is now being drafted.
|
| 50 |
Puyallup Executive Park |
OF |
$7,870,419 |
64,007 |
70.3 |
5.560000 % |
| | 929 & 1011 East Main Street, Puyallup WA 98372 | | 0.5% | 88% | 1.33x (12 mths) | Bridger |
|  | | Tenant | % | Expires | | DR DONALD F DEVRIES | 7 | 12/31/12 | | SAK & ASSOCIATES INC. | 7 | 03/31/11 | | PUYALLUP DERMATOLOGY CLINIC | 5 | 08/31/09 |
|
| 70 |
Midtown Office |
OF |
$4,923,874 |
63,378 |
74.3 |
5.694000 % |
| | 1300 Baxter Street, Charlotte NC 28204 | | 0.3% | 84% | 1.13x (9 mths) | Bridger |
|  | | Tenant | % | Expires | | CENTRALINA COUNCIL GOVERNMENT | 17 | 06/30/09 | | MCCRAKEN & LOPEZ | 13 | 12/31/09 | | CHARLOTTE SYMPHONY ORCHESTRA | 13 | 12/31/10 |
|
| 1A - Delinquent payments. The loan is secured by a 61,200 SF Office Building in Charlotte, NC built in 1962. The property was inspected on 06/10/09;rated in Good condition. The YE 2008 NCF DSCR is 1.25 with an occupancy of 83%. The loan was placed on the watchlist due to the delinquency of the 06/01/09 & 07/01/09 payments. The 06/01/09 payment was received in the primary servicer\''s office 07/31/09; and Master Servicer received the payment on 08/02/09. Loan is currently due for the 07/01/09 & 08/01/09 payments. Primary servicer has made several attempts to contact the Borrower to obtain a date on when the delinquent payments will be received; however, Borrower has been unresponsive. Primary servicer will continue their efforts to collect the delinquent financials. Bank of America will continue to monitor the loan.1A - Delinquent payments. The loan is secured by a 61,200 SF Office Building in Charlotte, NC built in 1962. The property was inspected on 06/10/09;rated in Good condition. The YE 2008 NCF DSCR is 1.25 with an occupancy of 83%. The loan was placed on the watchlist due to the delinquency of the 06/01/09 & 07/01/09 payments. The 06/01/09 payment was received in the primary servicer''s office 07/31/09; and Master Servicer received the payment on 08/02/09. Loan is currently due for the 07/01/09 & 08/01/09 payments. Primary servicer has made several attempts to contact the Borrower to obtain a date on when the delinquent payments will be received; however, Borrower has been unresponsive. Primary servicer will continue their efforts to collect the delinquent financials. Bank of America will continue to monitor the loan.
|
| 128 |
Coit Medical Bldg |
OF |
$946,568 |
12,196 |
45.1 |
5.997000 % |
| | 1212 Coit Road, Plano TX 75075 | | 0.1% | 82% | 1.17x (12 mths) | Bridger |
|  | | Tenant | % | Expires | | DR. MICHAEL R. MARTIN | 34 | 01/31/12 | | TIMOTHY ICENHOWER DDS | 23 | 08/31/09 | | ROGER Z. TAYLOR MD | 16 | 08/31/09 |
|
| 1F - DSCR < 1.40 and <= 75% U/W DSCR. The loan is secured by a 12,197 SF office building in Plano, TX. The property was last inspected on 12/03/08 and received a rating of good. The YE 2008 NCF DSCR is 1.17 with an occupancy of 82%. The decline in NCF is a result of an EGI decline. 2008 EGI has declined 32% from YE 2007. In-place rents per the Sept 2008 rent roll are 198,661.58, and reported YE 2008 rents are $120,415. Total vacant square feet as of Sept 30 2008 is 2224. Unit 110 (total of 2224 sf) has been vacant since 9/2005. Per a Dec 2008 update, Borrower indicated to primary servicer that there are no prospects for the vacant space. Borrower uses the services of a Broker to market & advertise the space (Broker name not provided). Bank of America has contacted the primary servicer to obtain an explanation for the variance in reported rents, and a leasing update; waiting for a response.
|