| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 14 |
Redstone |
RT |
$32,366,687 |
220,166 |
75.3 |
5.290000 % |
| | 1678 West Redstone Center Drive, Park City UT 84098 | | 1.7% | 99% | 1.60x (UW) | Bank of America |
|  | | Tenant | % | Expires | | WHOLE FOODS | 11 | 01/31/19 | | ROCKY MOUNTAIN RESORT CINEMA | 10 | 01/31/19 | | BED BATH & BEYOND | 10 | 01/31/15 |
|
| 17 |
Simon - Gaitway Plaza |
RT |
$13,900,000 |
216,376 |
53.4 |
4.603500 % |
| | 2701 Southwest College Road, Ocala FL 34474 | | 0.7% | 95% | 2.89x (UW) | Bank of America |
|  | | Tenant | % | Expires | | Ross Dress For Less | 14 | 01/31/13 | | Office Depot | 12 | 02/28/09 | | T.J.Maxx | 11 | 01/31/10 |
|
| 36 |
The Crossings |
RT |
$16,800,000 |
124,168 |
62.2 |
5.270000 % |
| | 3303-3421 Deer Valley Road, Antioch CA 94531 | | 0.9% | 95% | 1.98x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | SAFEWAY | 42 | 11/30/10 | | RITE AID | 25 | 01/31/16 | | 24 HOUR FITNESS | 5 | 01/31/10 |
|
| 40 |
Mervyn's - Laguna Niguel |
RT |
$14,327,637 |
77,715 |
56.1 |
4.933000 % |
| 30 | 27200 Alicia Parkway, Laguna Niguel CA 92677 | | 0.8% | 100% | 1.47x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | Mervyn's LLC | 100 | 07/31/25 | | |
|
| 8/3/2009 - Note is due for the 7/1/2009 payment. Collateral is a 77,717 SF retail store located in Laguna Niguel, California. Demand letter was sent to Borrower on 7/16/2009. Collateral was previously 100% leased by Mervyn\'s under a 20-year lease however the tenant subsequently filed Chapter 11 bankruptcy and is liquidating its assets. The tenant closed the store and rejected the lease on 11/30/2008. Additional loan collateral included a $1.0 MM Mervyn's Reserve, $400,000 of which could and has been utilized for debt service. Borrower purportedly has listed the property for lease and sale. An appraisal has been received. BOV has been requested.
|
| 47 |
Orchard Plaza |
RT |
$11,601,968 |
185,661 |
75.3 |
5.091000 % |
| | 701 68th Street SW, Byron Center MI 49315 | | 0.6% | 97% | 1.23x (UW) | Bank of America |
|  | | Tenant | % | Expires | | K-Mart corporation | 62 | 10/31/19 | | Family fare | 21 | 03/31/11 | | Fashion bug | 5 | 01/31/10 |
|
| 49 |
Mervyn's - Pinole |
RT |
$11,092,352 |
80,008 |
56.0 |
4.933000 % |
| 30 | 1350 Fitzgerald Drive, Pinole CA 94564 | | 0.6% | 100% | 1.42x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | MERVYN'S LLC | 100 | 07/31/25 | | |
|
| 8/3/09: Note is due for the 7/1/09 payment. Demand letter sent 7/16/2009. Collateral for the note is an 80,008 SF retail store located on a 5.84-acre site in Pinole, CA (North San Francisco Bay). The collateral was previously 100% leased by Mervyn\'s under a 20-year lease however the tenant filed a Chapter 11 bankruptcy, closed the store and rejected the lease on 12/31/08. Additional loan collateral included a $770k Mervyn's Reserve account of which $308,000 can and has be utilized for debt service. Appraisal has been received. BOV has been requested.
|
| 52 |
Mervyn's - Palm Desert |
RT |
$10,497,786 |
78,912 |
56.1 |
4.933000 % |
| 30 | 72280 Highway 111, Palm Desert CA 92260 | | 0.6% | 100% | 1.43x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | MERVYN'S LLC | 100 | 09/30/25 | | |
|
| 8/3/2009 – Scheduled payment is next due for 7/1/2009; however, debt has been accelerated. Collateral is a 78,910 SF retail store located in Palm Desert, California, previously 100% leased by Mervyn\'s under a 20-year lease. Tenant filed Chapter 11 bankruptcy, closed the store and rejected the lease on 11/30/2008. Additional loan collateral includes (i) a $1,713,951 sale rebate account that was payable to the Borrower in the event of a tenant default, which the Borrower received and refused to turn over to the Lender per the loan documents, and (ii) a $730k Mervyn's Reserve, of which up to $292k could be used for debt service provided no default. Borrower recently provided accounting regarding the reserve funds and showed the $1.7MM is nearly depleted. Legal counsel was retained, the Borrower was defaulted, a NOD was recorded, a foreclosure complaint was filed, and a motion for receivership was filed and subsequently denied. A cross complaint was filed by Borrower and was demurred; however, Borrower was provided an opportunity to and did file an amended cross complaint. Another demurrer was filed and is set for hearing on 9/22/2009. The appraisal has been received. BOV has been requested. Borrower is reportedly marketing property for sale and lease through CBRE.
|
| 67 |
Paradise Shoppes of Warner Robins |
RT |
$7,286,000 |
70,744 |
54.8 |
4.718000 % |
| | 1114 GA Highway 96, Kathleen GA 31047 | | 0.4% | 89% | 2.17x (9 mths) | Bank of America |
|  | | Tenant | % | Expires | | PUBLIX SUPERMARKE | 55 | 11/30/24 | | EL JALISCENSE | 6 | 03/31/10 | | PARADISE VIDEO | 5 | 01/31/10 |
|
| 86 |
Galvez Shopping Center |
RT |
$4,470,000 |
30,196 |
54.3 |
4.668000 % |
| | 6228 Broadway Street, Galveston TX 77551 | | 0.2% | 100% | 2.37x (UW) | Bank of America |
|  | | Tenant | % | Expires | | PIER 1 IMPORTS | 33 | 05/31/14 | | MATTRESS FIRM | 19 | 07/31/09 | | PAYLESS SHOESOURC | 10 | 04/30/09 |
|
| 102 |
CVS - Windsor |
RT |
$1,527,224 |
10,305 |
49.3 |
5.110000 % |
| | 219 Broad Street, Windsor CT 06095 | | 0.1% | 100% | 1.34x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | Rite Aid Store -11905 | 100 | 06/06/19 | | |
|
| 23 |
Livingston Shopping Center |
RT |
$28,125,000 |
121,879 |
78.1 |
5.105000 % |
| 90+ | 530 West Mount Pleasant Avenue, Livingston NJ 07039 | | 1.5% | 100% | 1.47x (6 mths) | Barclays |
|  | | Tenant | % | Expires | | Borders inc | 23 | 02/28/13 | | THE GAP INC | 16 | 04/30/13 | | Borders Inc | 23.00 | 02/28/13 |
|
| 07.30.09 Loan is paid to 4/01/09. Collateral is a 122,000sf, 4-tenant big-box retail center located in Livingston, NJ. Property is currently 46% occupied due to closing of Linens\'n'Things and Circuit City. Remaining tenants, Old Navy and Borders, have reduced rent pursuant to co-tenancy clauses. CVS Caremark is currently paying Linens'N'Things rent pursuant to lease guaranty. Current rents are above market and may require adjustment. PreNegotiation Letter has been executed and Default Notice to be sent. Midland is in possession of BOV and Appraisal. Lockbox is active. Borrower has requested loan modification or possible purchase of note at discount.
|
| 104 |
Rite Aid Garden City |
RT |
$1,243,846 |
11,060 |
41.7 |
5.330000 % |
| | 29447 Ford Road, Garden City MI 48135 | | 0.1% | 100% | 1.59x (9 mths) | Barclays |
|  | | Tenant | % | Expires | | RITE AID | 100 | 09/10/20 | | |
|