J.P. Morgan Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through Certificates Series 2007-CIBC19

Transcription

1 DATES Payment Date: Oct 14, 2014 First Payment Date: Jul 12, 2007 Prior Payment: Sep 12, 2014 Closing Date: May 30, 2007 Next Payment: Nov 12, 2014 Cut-off Date: Jun 1, 2007 Record Date: Sep 30, 2014 Final Distribution Date: Feb 12, 2049 Determination Date: Oct 7, 2014 TABLE OF CONTENTS Payment Detail Page 1 Factor Detail Page 2 Principal Detail Page 3 Detail Page 4 Miscellaneous Detail Page 5 Reconciliation Of Funds Page 6 Collateral/Remittance Summary Page 7 Ratings Page 8 Historical Delinquency & Liquidation (Stated) Page 10 Defeased Loan Detail Page 11 Mortgage Loan Characteristics Page 12 Loan Level Detail Page 17 Appraisal Reduction Report Page 24 Adjustment Reconciliation Page 25 Specially Serviced Loan Detail Page 27 Specially Serviced Loan Comment Page 28 Historical Loan Modification Report Page 31 Historical Liquidation Loss Loan Detail Page 32 Bond Collateral Reconciliation Page 34 REO Status Report Page 47 Material Breaches and Document Defects Page 49 Name: Title: Address: Phone: Website: ADMINISTRATOR Jacqueline Reyes Account Administrator 190 S La Salle Ave Chicago, IL (312) jacqueline.reyes@usbank.com PARTIES TO THE TRANSACTION Depositor: J.P. Morgan Chase Commercial Mortgage Securities Corp. Trustee: U.S. Bank National Association Master Servicer: Berkadia Commercial Mortgage LLC/Wells Fargo Bank, National Association Special Servicer: LNR Partners, Inc. Rating Agency: Moody's Investors Service, Inc./Standard & Poor's, Inc. * This report contains, or is based on, information furnished to U.S. Bank Global Corporate Trust Services ("U.S. Bank") by one or more third parties (e.g. Servicers, Master Servicer, etc.), and U.S. Bank has not independently verified information received from any such third party.

2 PAYMENT DETAIL Pass-Thru Original Beginning Principal Total Negative Realized Ending Class Rate Balance Balance Distribution Distribution Distribution Amortization Loss(1) Balance A % 52,983,00 A % 151,614,00 A % 180,000, ,642, , , ,642, A % 1,195,030, ,195,030,00 5,679, ,679, ,195,030, A-SB % 117,589, ,023, ,171, , ,451, ,851, A-1A % 595,708, ,263, , ,496, ,896, ,863, X % 3,275,606, ,622,134, ,616,484, A-M % 327,561, ,561,00 1,556, ,556, ,561, A-J % 262,048, ,048,00 1,245, ,245, ,048, B % 24,567, ,567,00 428, , ,567, C % 36,851, ,851,00 36,851, D % 32,756, ,756,00 32,756, E % 49,134, ,134,00 49,134, F % 36,851, ,851,00 36,851, G % 40,945, ,406, ,078, ,328, H % 32,756,00 J % 40,945,00 K % 8,189,00 L % 8,189,00 M % 16,378,00 N % 8,189,00 P % 4,094,00 Q % 12,284,00 NR % 40,945, R NA LR NA (1) Recovery is included. Totals: 3,275,606, ,622,134, ,572, ,912, ,484, ,078, ,616,484, Page 1 of 49

3 FACTOR DETAIL Yield Beginning Principal Total Maintenance Ending Class Cusip Balance Distribution Distribution Distribution Default Premium Balance A VAA A VAB A VAC A VAD4 1, , A-SB 46630VAE A-1A 46630VAF X 46630VAG A-M 46630VAJ1 1, , A-J 46630VAL6 1, , B 46630VAN2 1, , C 46630VAP7 1, , D 46630VAQ5 1, , E 46630VAR3 1, , F 46630VAS1 1, , G 46630VAT H 46630VAU J 46630VAV K 46630VAW L 46630VAX M 46630VAY N 46630VAZ P 46630VBA Q 46630VAH NR 46630VBB R 46630VBC LR 46630VBD Page 2 of 49

4 PRINCIPAL DETAIL Beginning Principal Principal Loss Current Cumulative Ending Credit Support Class Balance Distribution Shortfall Recovery Loss Loss Balance Original Current A % NA A % NA A-3 47,642, ,642, % 30.35% A-4 1,195,030,00 1,195,030, % 30.35% A-SB 59,023, ,171, ,851, % 30.35% A-1A 525,263, , ,863, % 30.35% A-M 327,561,00 327,561, % 17.83% A-J 262,048,00 262,048, % 7.82% B 24,567,00 24,567, % 6.88% C 36,851,00 36,851, % 5.47% D 32,756,00 32,756, % 4.22% E 49,134,00 49,134, % 2.34% F 36,851,00 36,851, % 0.93% G 25,406, ,078, ,616, ,328, % 0.00% H ,756, % NA J ,945, % NA K ,189, % NA L ,189, % NA M ,378, % NA N ,189, % NA P ,094, % NA Q ,284, % NA NR ,945, % NA Totals: 2,622,134, ,572, ,078, ,585, ,616,484, Page 3 of 49

5 INTEREST DETAIL Accrued Net Prepay Current Certificate Yield Total Cumul Unpaid Next Certificate Deferred Maint/Prepay Distribution Pass-Thru Class Shortfall Adjustment(1) Shortfalls Premium Amount Shortfall Rate(2) A % A % A-3 226, , % A-4 5,679, ,679, % A-SB 279, , % A-1A 2,496, ,496, % X NA A-M 1,556, ,556, % A-J 1,245, ,245, % B 116, (311,283.41) 428, , % C 175, , ,950, % D 155, , ,733, % E 233, , ,287, % F 175, , ,153, % G 120, , ,333, % H ,277, % J ,914, % K , % L , % M ,712, % N , % P , % Q , % NR ,005, % Totals 12,461, , ,912, ,016, (1) Reimbursement of previously allocated Reaized Losses and Trust Fund Expenses (2) Estimated Page 4 of 49

6 MISCELLANEOUS DETAIL Advances Miscellaneous P&I Advances Loan Group Beg Balance End Balance * Total Current * Group 1 Current * Group 2 Current Group 1 2,113,051, ,107,632, Advance Advance Advance Group 2 508,642, ,242, Total Not Provided Not Provided Not Provided Aggregate 2,621,693, ,615,875, Loan Group End Unpaid Principal Balance Group 1 2,114,925, **Beginning **Ending Group 2 509,925, Outstanding Outstanding Aggregate 2,624,850, Advance Advance Total 23,149, ,533, Scheduled Principal Unscheduled Principal Group 1 22,646, ,011, Distribution Amount Distribution Amount Group 2 503, , Group 1 1,868, ,303, Group 2 400, Aggregate 2,268, ,303, Reimbursement of Nonrecoverable Advances - Left to Reimburse 0.00 Reserve Account Begnining Balance 0.00 Unreimbursed Advances Servicing Expense Total Servicing Deposits/(Withdrawals) 0.00 Advances Advances Advances Out. Ending Balance 0.00 Total 766, ,940, ,706, Group 1 756, ,639, ,395, Weighted Average Remaining Term to Maturity Group 2 10, , , Group 1 31 Group 2 30 Aggregate 30 * Current advances are not provided by the Servicer Mortgage Loan Events YES/NO ** Outstanding P&I Advances include the current period P&I Advances and may include Servicing Advances Event of Default NO Description Page 5 of 49

7 RECONCILIATION OF FUNDS Funds Collection Funds Distribution Fees Scheduled 12,285, Servicing Fee 50, Retained Fees (121,561.83) Trustee Fee 1, Adjustments (250,658.73) Fee Distributions 52, Deferred 0.00 Net Prepayment Shortfall 0.00 Net Prepayment Excess 0.00 Other Expenses of the Trust Reserve (Deposit)/Withdrawal 0.00 Reimbursed for on Advances 24, Collections 11,913, Net ASER Amount 393, Special Servicing Fee 66, Principal Workout Fee 2, Scheduled Principal 2,268, Liquidation Fee 2, Unscheduled Principal 2,303, Stop Advance 225, Principal Adjustments 0.00 Modification Shortfall 0.00 Principal Collections 4,572, Non-Recoverable Advances 0.00 Other Fees (167,871.65) Total Funds Collected 16,485, Other Expenses of the Trust 546, Trustee Fee 1, Payments to Certificateholders Remittance P&I Due Certs 16,484, Distribution 11,912, Principal Distribution 4,572, Loan Group 1 Principal Distribution Amt 4,171, Yield Maintenance Default Premium 0.00 Loan Group 2 Principal Distribution Amt 400, Payments to Certificateholders 16,484, Loan Group 1 Available Distribution Amt 13,669, Total Funds Distribution 16,484, Loan Group 2 Available Distribution Amt 2,815, Net Difference: 0.00 Page 6 of 49

8 COLLATERAL / REMITTANCE SUMMARY - GROUP POOL BALANCE INFORMATION: Beginning Balance Less: Principal Remittance Plus: Negative Amortization Less: Net es Less: Non-cash principal adjustment Ending Balance $2,621,693, $4,572, $1,078, $168, $2,615,875, TOTAL Group 1 Group 2 $2,113,051, $4,171, $1,078, $168, $2,107,632, $508,642, $400, $508,242, PRINCIPAL REMITTANCE: Scheduled Principal Prepayments Curtailments Net Liquidation Proceeds Total Principal Remittance (A) $2,268, ($168,382.21) $2,472, $4,572, $1,868, ($168,382.21) $2,472, $4,171, $400, $400, INTEREST REMITTANCE: Gross ^ Less: Total Retained Fees * Less: Reserve Activity Less: Net Prepayment Shortfall Less: Net Nonrecoverable Advances Plus: ARD Excess Plus: Prepayment Premiums Plus: Yield Maintenance Premiums Other Funds/Shortfalls ** Total Remittance (B) $12,285, $121, ($250,658.73) $11,913, $9,852, $109, ($244,087.63) $9,498, $2,433, $11, ($6,571.10) $2,415, REMITTANCE TO TRUST (A+B): $16,485, $13,670, $2,815, OTHER INFORMATION: Beginning Loan Count Ending Loan Count Weighted Average Coupon Weighted Average Net Coupon Liquidated Loans - Balance % % $3,550, % % $3,550, % % NON-RETAINED FEES: Trustee Fee Other Fees $1, $1, $ * RETAINED FEES: Master Servicing Fee Fee Strips paid to Servicer Special Servicing Fee Workout Fee Liquidation Fee Miscellaneous Fees/Expenses $50, $66, $2, $2, ($1,027.49) $41, $65, $1, $2, ($1,197.49) $9, $ $1, $ ** OTHER FUNDS: Other Adjustments $166, $166, ** OTHER SHORTFALLS: Net ASER Advance Reduction on Advances Loss $393, $24, $386, $24, $6, $2.77 Page 7 of 49

9 RATING INFORMATION Moody's Investors Service, Inc. Standard & Poor's Rating Services Class CUSIP Orig Rating Current Change Date Orig Rating Current Change Date A VAA0 Aaa WR 12-Jan-11 AAA NR 10-Feb-11 A-1A 46630VAF9 Aaa Aa2 25-Apr-14 AAA A+ 4-Mar-14 A VAB8 Aaa WR 12-Apr-13 AAA NR 13-May-13 A VAC6 Aaa Aaa 25-Apr-14 AAA AAA 28-Jun-07 A VAD4 Aaa Aa2 25-Apr-14 AAA A+ 8-Oct-12 A-J 46630VAL6 Aaa B3 25-Apr-14 AAA CCC- 8-Oct-12 A-M 46630VAJ1 Aaa Baa3 25-Apr-14 AAA BB- 8-Oct-12 A-SB 46630VAE2 Aaa Aa2 25-Apr-14 AAA AAA 8-Oct-12 B 46630VAN2 Aa1 Caa2 25-Apr-14 AA+ D 4-Mar-14 C 46630VAP7 Aa2 C 25-Apr-14 AA D 4-Mar-14 D 46630VAQ5 Aa3 C 25-Apr-14 AA- D 3-Jul-13 E 46630VAR3 A2 N/A N/A A D 3-Jul-13 F 46630VAS1 A3 N/A N/A A- D 28-Oct-11 G 46630VAT9 Baa1 C 25-Apr-14 BBB+ D 28-Oct-11 H 46630VAU6 Baa2 WR 3-Sep-13 BBB D 28-Oct-11 J 46630VAV4 Baa3 WR 17-Dec-12 BBB- D 4-Nov-10 K 46630VAW2 Ba1 WR 3-May-12 BB+ D 4-Nov-10 L 46630VAX0 Ba2 WR 13-Feb-12 BB D 4-Nov-10 LR 46630VBD3 NR NR 30-May-07 N/A N/A N/A M 46630VAY8 Ba3 WR 12-Dec-11 BB- D 4-Nov-10 N 46630VAZ5 B1 WR 12-Dec-11 B+ D 4-Nov-10 NR 46630VBB7 NR NR 30-May-07 N/A N/A N/A P 46630VBA9 B2 WR 12-Dec-11 B D 4-Nov-10 Q 46630VAH5 B3 WR 12-Dec-11 B- D 7-Apr-10 Asset Status Legend N - Notched / Implied Rating E - Credit Estimate CW- CW+ S - Shadow Rated DEF - In Default - Credit Watch with negative implications - Credit Watch with positive implications NR-Designates that the class was not rated by the rating agency (1) Current ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to US Bank within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30 day window, or may not be provided by the rating agency in an electronic format and therefore not being updated on this report, US Bank recommends that investors obtain current rating information directly from the rating agency. Page 8 of 49

10 RATING INFORMATION Moody's Investors Service, Inc. Standard & Poor's Rating Services Orig Rating Current Change Date Orig Rating Current Change Date X 46630VAG7 Aaa Ba3 25-Apr-14 AAA AAA 28-Jun-07 Asset Status Legend N - Notched / Implied Rating E - Credit Estimate CW- CW+ S - Shadow Rated DEF - In Default - Credit Watch with negative implications - Credit Watch with positive implications NR-Designates that the class was not rated by the rating agency (1) Current ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to US Bank within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30 day window, or may not be provided by the rating agency in an electronic format and therefore not being updated on this report, US Bank recommends that investors obtain current rating information directly from the rating agency. Page 9 of 49

11 HISTORICAL DELINQUENCY & LIQUIDATION SUMMARY (STATED BALANCE) (1) (1) (1) 30 Days Delinq 60 Days Delinq 90+ Days Delinq Bankruptcy Foreclosure REO Prepayments Month Count Balance % (2) Count Balance (2) (2) (2) (2) (2) (2) % Count Balance % Count Balance % Count Balance % Count Balance % Count Balance % Oct % % 3 40,985, % 1 21,294, % 4 49,924, % ,541, % % Sep % % 3 57,518, % 1 21,294, % 4 49,934, % ,296, % % Aug % % 4 65,465, % 1 21,294, % 4 50,198, % ,566, % % Jul % % 4 65,502, % 1 21,294, % 4 50,206, % ,744, % % Jun % % 5 71,583, % 1 21,294, % 4 50,216, % ,904, % % May ,678, % % 5 71,626, % 1 21,294, % 3 40,325, % ,074, % % Apr % 1 14,892, % 5 66,681, % 2 27,507, % 3 40,207, % ,263, % 1 65,000, % Mar % % 7 117,267, % 2 27,515, % 3 40,215, % ,782, % % Feb % 1 14,936, % 6 102,443, % 3 31,264, % 4 43,964, % ,219, % 1 4,500, % Jan ,955, % 1 9,900, % 5 92,602, % 3 31,277, % 4 43,977, % ,346, % % Dec ,873, % % 5 92,660, % 3 31,290, % 5 49,829, % ,633, % % Nov ,994, % 1 6,084, % 4 86,643, % 3 31,304, % 5 49,853, % ,763, % % Oct ,090, % 1 35,000, % 4 65,045, % 3 31,317, % 5 49,874, % 9 138,538, % % Sep ,032, % % 5 77,806, % 3 31,332, % 4 37,197, % 9 138,676, % % Aug % % 5 77,857, % 3 31,345, % 5 40,818, % 8 135,200, % % (1) Exclusive of loans in Bankruptcy, Foreclosure and REO (2) Percentage in relation to Ending Scheduled Balance Page 10 of 49

12 DEFEASED LOAN DETAIL Current Ending Scheduled Balance Maturity Date Current Note Rate Defeasance Status * 31 19,865, /01/ F 62 14,540, /01/ F 139 6,331, /01/ F 144 6,600, /01/ F 174 5,363, /01/ F 211 3,762, /01/ F Count: 6 Totals: 56,464, * Defeasance Status: P = Portion of Loan Previously Defeased. F = Full Defeasance. Page 11 of 49

13 MORTGAGE LOAN CHARACTERISTICS Remaining Principal Balance 20 Count Balance ($) % 0M to 4.9M 51 $190,680, % 5M to 9.9M 71 $501,903, % 10M to 14.9M 30 $377,740, % 15M to 19.9M 21 $352,710, % 20M to 24.9M 5 $107,011, % 25M to 29.9M 8 $218,344, % 30M to 34.9M 3 $93,189, % 35M to 39.9M 7 $255,386, % 40M to 44.9M 1 $41,551, % 60M to 64.9M 1 $60,000, % 80M to 84.9M 1 $82,357, % 110M to 114.9M 1 $110,000, % 225M to 229.9M 1 $225,000, % Total 201 $2,615,875, % M to 4.9M 5M to 9.9M 10M to 14.9M 15M to 19.9M 20M to 24.9M 25M to 29.9M 30M to 34.9M 35M to 39.9M 40M to 44.9M 60M to 64.9M 80M to 84.9M 110M to 114.9M 225M to 229.9M Gross Rate Count Balance ($) % 5.250% % 4 $377,000, % 5.500% % 86 $1,102,523, % 5.750% % 93 $1,017,705, % 6.000% % 12 $84,546, % 6.250% % 3 $17,091, % 6.500% % 2 $16,099, % 6.750% % 1 $907, % Total 201 $2,615,875, % Total Weighted Average Rate: 5.73% % % 5.500% % 5.750% % 6.000% % 6.250% % 6.500% % 6.750% % Page 12 of 49

14 MORTGAGE LOAN CHARACTERISTICS Geographic Distribution by State Count Balance ($) % NEW YORK 12 $334,725, % TEXAS 25 $276,996, % FLORIDA 12 $246,986, % ILLINOIS 18 $211,755, % CALIFORNIA 16 $196,008, % PENNSYLVANIA 12 $167,436, % VARIOUS 5 $144,961, % NEW JERSEY 13 $118,562, % OHIO 7 $104,127, % INDIANA 7 $79,506, % UTAH 8 $76,319, % MASSACHUSETTS 8 $72,297, % COLORADO 5 $69,798, % TENNESSEE 2 $64,700, % MICHIGAN 8 $64,591, % ARIZONA 6 $64,534, % CONNECTICUT 3 $57,048, % LOUISIANA 3 $33,382, % MARYLAND 5 $32,867, % SOUTH CAROLINA 2 $24,913, % OKLAHOMA 2 $24,463, % NORTH CAROLINA 4 $23,019, % KENTUCKY 2 $22,842, % WASHINGTON 2 $16,616, % VIRGINIA 1 $16,000, % NORTH DAKOTA 2 $9,500, % MISSOURI 2 $9,344, % WISCONSIN 1 $8,823, % OREGON 1 $8,379, % NEVADA 1 $8,319, % DELAWARE 1 $7,722, % MINNESOTA 2 $7,600, % WEST VIRGINIA 1 $4,240, % GEORGIA 1 $3,787, % DISTRICT OF COLUMBIA 1 $3,697, % Total 201 $2,615,875, % NEW YORK TEXAS FLORIDA ILLINOIS CALIFORNIA PENNSYLVANIA VARIOUS NEW JERSEY OHIO INDIANA UTAH MASSACHUSETTS COLORADO TENNESSEE MICHIGAN ARIZONA CONNECTICUT LOUISIANA MARYLAND SOUTH CAROLINA OKLAHOMA NORTH CAROLINA KENTUCKY WASHINGTON VIRGINIA NORTH DAKOTA MISSOURI WISCONSIN OREGON NEVADA DELAWARE MINNESOTA WEST VIRGINIA GEORGIA DISTRICT OF COLUMBIA Page 13 of 49

15 MORTGAGE LOAN CHARACTERISTICS Property Type Self Storage Various Industrial 10.9 Count Balance ($) % Industrial 16 $283,880, % Lodging 16 $228,280, % Manufactured Housing 22 $198,262, % Mixed Use 9 $88,136, % Multifamily 32 $306,508, % Office 38 $673,145, % Retail 62 $763,160, % Self Storage 4 $39,173, % Various 2 $35,327, % Retail 29.2 Office 25.7 Lodging 8.7 Multifamily 11.7 Manufactured Housing 7.6 Mixed Use 3.4 Industrial 10.9% Lodging 8.7% Manufactured Housing 7.6% Mixed Use 3.4% Multifamily 11.7% Office 25.7% Retail 29.2% Self Storage 1.5% Various 1.4% Total: 100.0% Total 201 $2,615,875, % Seasoning Months Count Balance ($) % $1,910,832, % $677,824, % $27,218, % Total 201 $2,615,875, % Total Weighted Average Seasoning: Page 14 of 49

16 MORTGAGE LOAN CHARACTERISTICS Remaining Term to Maturity Months Count Balance ($) % $35,248, % $9,414, % $35,000, % $7,028, % $33,550, % $634,000, % $1,836,947, % $4,820, % $19,865, % Total 201 $2,615,875, % Total Weighted Average Remaining Months: DSCR 60 Count Balance ($) % % $13,350, % % $23,174, % -0.50% $57,408, % % $213,812, % % $1,550,574, % 1.500% $435,560, % % $84,512, % 2.500% $56,695, % 3.000% $6,497, % 3.500% $7,988, % % % % % % % % % % % % Not Avalil % $4,240, % Not Avalil. 14 $162,060, % Total 201 $2,615,875, % Total Weighted Average DSCR: 1.27 Page 15 of 49

17 MORTGAGE LOAN CHARACTERISTICS Amortization Type Amortizing Balloon 14.17% Count Balance ($) % Amortizing Balloon 48 $370,667, % Full Amortizing 1 $19,865, % IO Maturity Balloon 59 $1,151,800, % IO/Amortizing/Balloon 93 $1,073,541, % Total 201 $2,615,875, % IO/Amortizing/Balloon 41.04% Full Amortizing 0.76% Amortizing Balloon 14.17% Full Amortizing 0.76% IO Maturity Balloon 44.03% IO/Amortizing/Balloon 41.04% Total: % IO Maturity Balloon 44.03% Page 16 of 49

18 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Note Rate Sched P&I Prepay Adj Prepay Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt 1 Office NY 03/01/17 N 225,000, ,029, /01/ ,029, /31/13 2 Retail FL 04/01/17 N 110,000, , /01/ , /31/13 3 Office TX 04/01/17 N 82,357, , /01/ , /31/13 4 Office PA 04/01/14 04/10/14 5 Industrial XX 04/01/17 N 60,000, ,70 10/01/ , /31/13 6 Lodging IL 06/01/12 04/01/13 7 Lodging CO 04/01/17 N 41,551, , /01/ , /31/13 8 Lodging CT 03/01/17 N 39,224, , /01/ , /31/13 9 Lodging PA 06/01/17 07/10/13 10 Office PA 05/01/17 N 36,850, , /01/ , /31/13 11 Lodging 08/22/12 TN 05/01/17 N 38,000, ,30 07/01/ , /31/11 12 Office 08/01/11 PA 04/01/17 N 35,379, , /01/ , /31/13 13 Multifamily NY 05/01/17 09/21/12 14 Retail NY 03/01/17 N 35,500, , /01/ , /31/13 15 Retail IL 05/01/17 N 35,432, , /01/ , Industrial XX 02/01/16 N 35,000, , /01/ B 157, /31/13 17 Retail 05/31/13 IL 04/01/17 N 16,500, , , /01/ , b Retail IL 04/01/17 N 18,500, , /01/ , Multifamily NJ 04/01/17 N 26,390, , /01/ , /31/13 19 Various XX 04/01/17 N 30,989, , /01/ , /31/13 20 Retail OH 06/01/17 N 31,200, ,07 10/01/ , /31/13 21 Retail PA 06/01/17 N 31,000, , /01/ , /31/13 22 Retail FL 05/01/17 N 29,567, , /01/ , /31/13 23 Industrial OH 03/01/17 N 28,665, , /01/ , /31/13 24 Multifamily IN 03/01/17 N 27,361, , /01/ , /31/13 25 Retail CA 05/01/17 N 27,000, ,35 10/01/ , /31/13 26 Retail NJ 04/01/17 N 26,179, , /01/ , /31/13 27 Lodging 02/26/10 IL 05/01/12 N 22,727, , /01/ , /31/09 28 Industrial TN 06/01/17 N 26,700, , /01/ , /31/13 29 Lodging AZ 05/01/17 08/06/10 30 CA 05/01/17 N 26,480, , /01/ , /31/13 31 Industrial SC 04/01/27 N 19,865, , /01/ , Retail TX 05/01/17 11/28/12 33 Multifamily NY 06/01/17 06/29/12 34 Retail PA 04/01/17 12/22/11 35 Office 06/11/10 AZ 05/01/17 N 21,294, /01/ /31/09 36 Retail IL 06/01/17 01/19/12 37 CA 05/01/17 N 21,350, , /01/ , /31/13 38 Lodging FL 03/01/17 N 20,638, , /01/ , /31/13 39 Industrial KY 11/01/16 N 18,996, , /01/ , /31/13 40 Retail TX 05/01/17 N 21,000, , /01/ A 98, /31/13 Page 17 of 49

19 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Sched P&I Prepay Adj Prepay 41 Mixed Use AZ 06/01/17 04/30/13 Note Rate Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt 42 Office UT 05/01/17 N 16,401, , /01/ , /31/13 43 Lodging AZ 05/01/12 08/01/13 44 Multifamily IN 03/01/17 N 17,897, , /01/ , /31/13 45 Office UT 05/01/17 N 15,982, , /01/ , /31/13 46 Retail PA 06/01/17 N 17,969, , /01/ , /31/13 47 Self Storage LA 05/01/17 N 16,474, , /01/ , /31/13 48 Multifamily TX 03/01/17 N 16,919, , /01/ , /31/13 49 Mixed Use CA 04/01/17 N 17,090, , /01/ , /31/13 50 Multifamily AZ 05/01/17 N 17,400, , /01/ , /31/13 51 Retail OK 05/01/17 N 16,750, , /01/ , /31/13 52 Retail NJ 05/01/17 N 16,550, , /01/ , /31/13 53 Retail TX 05/01/17 N 16,212, , /01/ , /31/13 54 Office MA 04/01/12 07/27/12 55 Multifamily VA 05/01/17 N 16,000, ,20 10/01/ , /31/13 56 Retail LA 06/01/17 N 16,000, ,00 10/01/ , /31/13 57 Industrial 11/19/08 OH 03/01/17 N 16,000, /01/ /31/13 58 Retail 01/20/11 TX 03/01/17 N 14,790, , /01/ , /31/13 59 Industrial 07/26/13 XX 01/01/17 N 14,772, , /01/ , /31/13 60 IL 04/01/17 N 15,200, , /01/ A 73, /31/13 61 Multifamily 03/10/09 FL 04/01/17 N 14,400, , /01/ , /31/13 62 Office CA 05/01/17 N 14,540, , /01/ , Multifamily IL 04/01/17 N 15,000, , /01/ , /31/13 64 Multifamily MA 04/01/17 N 14,514, , /01/ , /31/13 65 CA 05/01/17 N 15,000, ,25 10/01/ , /31/13 66 Office NY 05/01/17 N 14,527, , /01/ , /31/13 67 Retail MA 05/01/17 N 14,250, , /01/ A 67, Retail TX 05/01/17 N 12,887, , /01/ , /31/13 69 Retail 10/25/11 FL 02/01/17 N 13,111, , /01/ , /31/13 70 Industrial MI 04/01/17 N 14,172, , /01/ , /31/13 71 Mixed Use NY 04/01/17 N 13,548, , /01/ , /31/13 72 Office AZ 03/01/17 N 13,500, , /01/ A 63, /31/13 73 Industrial 11/27/12 CO 04/01/17 N 13,350, , /01/ , /31/13 74 IL 04/01/17 N 13,280, , /01/ A 64, /31/13 76 Office OH 05/01/17 N 11,263, , /01/ , /31/13 77 Lodging FL 06/01/12 07/24/12 78 Mixed Use NY 05/01/17 N 12,039, , /01/ , /31/13 79 Retail UT 05/01/17 N 11,562, , /01/ , /31/13 80 Mixed Use 03/26/13 FL 05/01/17 N 12,700, , /01/ , /31/12 81 Self Storage CA 04/01/17 N 12,102, , /01/ , /31/13 82 Office MD 05/01/17 12/29/10 Page 18 of 49

20 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Note Rate Sched P&I Prepay Adj Prepay Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt 83 Retail FL 03/01/17 N 11,299, , /01/ , /31/13 84 Mixed Use 05/04/12 CA 05/01/17 N 11,628, , /01/ , /31/13 85 Office TX 04/01/17 N 11,547, , /01/ , /31/13 86 IL 04/01/17 N 11,704, , /01/ A 56, /31/13 87 Office MI 05/01/17 N 10,992, , /01/ , /31/13 88 Office UT 03/01/17 N 10,310, , /01/ , /31/13 89 Retail CA 06/01/17 N 11,174, , /01/ , /31/13 90 Multifamily MI 03/01/17 N 11,134, , /01/ , /31/13 91 Retail 02/23/12 MA 03/01/17 N 10,585, , /01/ , /31/13 92 Multifamily TX 05/01/17 N 11,400, ,91 10/01/ , /31/13 93 Multifamily CT 03/01/17 N 10,650, , /01/ , /31/13 94 Lodging 04/08/14 NC 06/01/17 N 6,474, , /01/ A 31, Office FL 06/01/17 N 9,189, , /01/ , /31/13 96 Lodging CA 04/01/17 08/12/11 97 Mixed Use MA 05/01/17 05/31/13 98 Office UT 04/01/17 N 9,449, , /01/ , /31/13 99 Office FL 02/01/17 N 9,635, , /01/ , /31/ Industrial 12/26/13 PA 04/01/17 N 9,644, , /01/ A 45, /31/ Retail MD 06/01/17 N 9,512, , /01/ , /31/ Retail GA 02/01/12 11/03/ Office OH 04/01/17 N 8,606, , /01/ , /31/ Retail NY 06/01/17 N 9,056, , /01/ , /31/ Office 10/18/11 WI 03/01/12 N 8,823, , /01/ , /31/ Mixed Use 08/15/07 MA 04/01/15 N 9,414, /01/ /31/ Retail CA 06/01/17 N 8,270, , /01/ , /31/ Multifamily WA 06/01/17 N 8,628, , /01/ , /31/ Retail MD 04/01/17 N 8,807, , /01/ , /31/ Retail NV 04/01/17 N 8,319, , /01/ , /31/ Lodging WA 04/01/17 N 7,988, , /01/ , /31/ Industrial NC 06/01/17 N 8,385, , /01/ , /31/ Multifamily TX 04/01/17 N 8,132, , /01/ , /31/ IN 04/01/17 N 8,648, , /01/ , /31/ Office OR 05/01/17 N 8,379, , /01/ , /31/ Office NJ 06/01/17 N 8,344, , /01/ , /31/ Office TX 04/01/17 N 8,592, , /01/ , /31/ Office TX 05/01/17 N 8,144, , /01/ , /31/ Office 10/25/12 OK 04/01/17 N 7,713, , /01/ , Lodging MA 06/01/17 N 7,857, , /01/ , /31/ Retail PA 04/01/17 N 7,795, , /01/ , /31/ Retail DE 05/01/17 N 7,722, , /01/ , /31/ Retail 05/25/12 IN 05/01/17 N 7,900, , /01/ , Page 19 of 49

21 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Note Rate Sched P&I Prepay Adj Prepay Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt 124 IL 04/01/17 N 8,120, , /01/ A 39, /31/ IL 04/01/17 N 8,120, , /01/ A 39, /31/ IL 04/01/17 N 8,000, , /01/ A 38, /31/ Lodging CT 02/01/17 N 7,174, , /01/ , /31/ Multifamily MI 03/01/17 N 7,552, , /01/ , /31/ Lodging NE 05/01/17 07/12/ Office MI 04/01/17 N 6,913, , /01/ , /31/ Retail TX 06/01/12 05/02/ Retail IN 02/01/17 N 6,895, , /01/ , /31/ Multifamily 05/09/11 TX 09/01/16 N 7,028, , /01/ , /31/ Retail CA 05/01/17 N 7,426, , /01/ , /31/ IL 04/01/17 N 7,300, , /01/ A 35, /31/ Multifamily MO 05/01/17 N 6,736, , /01/ , /31/ Lodging FL 05/01/17 N 7,000, , /01/ , /31/ Multifamily CO 05/01/17 N 6,497, , /01/ , /31/ Multifamily TX 12/01/16 N 6,331, , /01/ , Retail NJ 05/01/17 N 6,242, , /01/ , Retail NJ 05/01/17 N 6,169, , /01/ , /31/ Retail 01/23/12 TX 02/01/17 N 6,284, , /01/ , /31/ Retail CA 01/01/17 11/12/ Lodging PA 03/01/17 N 6,600, , /01/ A 31, IL 04/01/17 N 6,560, , /01/ A 31, /31/ ND 04/01/17 N 6,500, , /01/ , /31/ Industrial CA 05/01/17 N 5,793, , /01/ , /31/ Office MA 03/01/17 N 5,790, , /01/ , /31/ Multifamily MI 03/01/17 N 6,167, , /01/ , /31/ Retail MA 04/01/17 N 5,920, , /01/ , /31/ Multifamily MD 04/01/17 N 6,400, , /01/ , /31/ Retail 05/14/12 FL 04/01/17 N 5,749, , /01/ , /31/ Retail CA 06/01/17 N 6,120, , /01/ , /31/ IL 04/01/17 N 6,230, , /01/ A 30, /31/ Retail UT 04/01/17 N 4,836, , /01/ , /31/ Office 09/24/13 AZ 04/01/17 N 6,011, , /01/ , /30/ Lodging MS 05/01/17 09/24/ Self Storage TX 05/01/17 N 5,373, , /01/ , /31/ Various OH 04/01/17 09/08/ Retail TX 01/01/17 09/25/ Self Storage TX 05/01/17 N 5,222, , /01/ , /31/ Multifamily 04/05/12 IN 04/01/17 N 5,444, , /01/ , /31/ IL 04/01/17 N 5,680, , /01/ A 27, /31/ Lodging SC 05/01/17 N 5,047, , /01/ , /31/13 Page 20 of 49

22 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Sched P&I Prepay Adj Prepay 165 Office MD 06/01/12 05/29/12 Note Rate Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt 166 Office CO 05/01/17 N 5,279, , /01/ , /31/ Retail SC 04/01/17 07/22/ Office MI 05/01/17 N 4,994, , /01/ A 24, /31/ Retail TX 12/01/16 N 4,967, , /01/ , /31/ Self Storage NJ 04/01/17 08/28/ Lodging NC 05/01/17 N 4,604, , /01/ , /31/ Industrial MS 02/01/17 10/14/ Retail CA 03/01/17 03/03/ Lodging NJ 03/01/17 N 5,363, , /01/ , Retail PA 03/01/17 N 5,230, , /01/ , /31/ Office 03/12/12 CA 04/01/19 N 4,820, , /01/ , /31/ Office CA 03/01/17 N 4,785, , /01/ , /31/ Industrial NY 05/01/17 N 5,227, , /01/ , /31/ IN 04/01/17 N 5,360, , /01/ , /31/ IL 04/01/17 N 5,280, , /01/ A 25, /31/ Mixed Use NY 03/01/17 N 4,884, , /01/ , /31/ Retail NJ 06/01/17 N 5,250, , /01/ , /31/ Multifamily OH 04/01/17 N 5,032, , /01/ , /31/ Retail PA 04/01/17 N 5,037, , /01/ , /31/ Retail IN 04/01/17 01/11/ Office UT 06/01/17 N 4,522, , /01/ , /31/ MN 04/01/17 N 5,000, , /01/ , /31/ Retail TX 06/01/17 N 4,370, , /01/ , /31/ Retail MD 05/01/17 N 4,384, , /01/ , /31/ Office KY 04/01/17 N 3,845, , /01/ , /31/ Retail AZ 02/01/17 01/31/ Office NY 04/01/17 08/30/ Various PA 05/01/17 N 4,337, , /01/ , /31/ IL 04/01/17 N 4,650, , /01/ A 22, /31/ Multifamily TX 05/01/17 N 4,460, , /01/ , Office NY 03/01/17 N 4,267, , /01/ , /31/ Lodging WV 06/01/17 N 4,240, , /01/ , /31/ Industrial VA 04/01/17 01/29/ Office TX 04/01/17 N 4,356, , /01/ , /31/ Retail NJ 06/01/17 N 4,500, , /01/ , /31/ Lodging GA 05/01/17 N 3,787, , /01/ , /31/ Multifamily TX 05/01/17 N 4,269, , /01/ , /31/ Industrial NY 05/01/17 N 4,052, , /01/ , /31/ Industrial VA 04/01/17 01/13/ Multifamily PA 04/01/17 N 3,988, , /01/ , Page 21 of 49

23 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Note Rate Sched P&I Prepay Adj Prepay Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt 206 XX 04/01/17 N 4,200, , /01/ , /31/ Multifamily TX 04/01/17 N 3,881, , /01/ , /31/ Office NJ 04/01/17 N 3,586, , /01/ , /31/ Retail FL 05/01/17 N 3,693, , /01/ , Multifamily MA 04/01/17 N 3,963, , /01/ , /31/ Office MD 04/01/17 N 3,762, , /01/ , Retail AZ 06/01/17 N 3,565, , /01/ , /31/ Retail PA 06/01/17 N 3,602, , /01/ , /31/ Office UT 06/01/17 07/09/ Retail NJ 05/01/17 N 3,386, , /01/ , Retail NC 04/01/17 N 3,555, , /01/ A 16, /31/ Mixed Use OH 04/01/17 N 3,358, , /01/ , /31/ Multifamily 11/06/12 DC 06/01/14 N 3,697, , /01/ , /31/ Industrial UT 12/01/16 N 3,254, , /01/ , /31/ Office TX 03/01/17 N 3,380, , /01/ , /31/ Other 12/27/11 MD 06/01/17 N , /22/14 10/01/ , /31/ Retail NJ 06/01/17 N 3,600, ,40 10/01/ , /31/ Multifamily NY 04/01/17 N 3,297, , /01/ A 16, Industrial MS 02/01/17 10/14/ Mixed Use IL 04/01/17 N 3,472, , /01/ A 16, /31/ Multifamily NY 03/01/17 N 3,324, , /01/ , /31/ Retail CO 03/01/17 N 3,120, , /01/ , /31/ Retail TX 05/01/17 N 2,920, , /01/ , /31/ Multifamily OH 04/01/12 03/29/ Retail NJ 06/01/17 N 3,000, ,40 10/01/ , /31/ ND 04/01/17 N 3,000, , /01/ , /31/ Lodging KY 03/01/17 09/24/ Retail MI 03/01/17 N 2,664, , /01/ , /31/ Multifamily MO 03/01/17 N 2,608, , /01/ , /31/ Retail AZ 05/01/17 N 2,762, , /01/ , /31/ MN 04/01/17 N 2,600, , /01/ , /31/ Retail CA 05/01/17 N 2,425, , /01/ , /31/ Multifamily GA 04/01/17 12/09/ Industrial MI 03/01/17 07/12/ Retail TX 04/01/17 N 2,162, , /01/ , /31/ Mixed Use KY 04/01/17 07/23/ Retail LA 03/01/17 N 907, , /01/ , /31/13 Count: 242 Totals: 2,615,875, ,558, , ,285, Page 22 of 49

24 LOAN LEVEL DETAIL Property Type Transfer Date State Maturity Date Neg Am End Schedule Balance Note Rate Sched P&I Prepay Adj Prepay Date Paid Thru Prepay Loan Premium Status ** Payment Yield Maint Charges PFY Operating DSCR Stmnt * If State field is blank or 'XX', loan has properties in multiple states. ** Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = Days Delinquent; 2 = Days Delinquent; 3 = 90+ Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; R = Repurchased. Page 23 of 49

25 APPRAISAL REDUCTION REPORT Property Name Paid Through Date ARA (Appraisal Reduction Amount) ARA Date Most Recent Value Most Recent Valuation Date Most Recent Net ASER Amount Cumulative ASER Amount 11 Marriott - Memphis 07/01/ ,259, /05/ ,900, /15/ , ,920, Harrisburg Portfolio 06/01/ ,293, /08/ ,725, /05/ , ,939, Orchard Place Shopping 10/01/ ,102, /09/2013 4,700, /27/ , Center 27 Hotel Indigo 06/01/ ,955, /07/ ,800, /01/ , ,771, Kierland Corporate Center 04/01/ ,045, /06/ ,500, /13/ ,423, Phase I 57 Value City 03/01/ ,498, /06/2013 1,630, /24/ , Towne Square Shopping 09/01/ ,473, /06/2014 7,370, /01/ , ,032, Center 59 Invesco Portfolio 04/01/2014 4,231, /08/ ,325, /13/ , , Eastgate Plaza 08/01/2011 7,299, /06/ ,150, /27/ , ,117, Bridgestone Building 10/01/2012 7,712, /06/2014 8,600, /12/ , , Millennium Plaza 01/01/2013 8,791, /06/2014 5,800, /08/ , , Filene' s Basement 12/01/2011 4,739, /06/2014 9,950, /18/ , , First Financial Centre 04/01/2013 6,650, /06/2013 3,330, /22/ , , Beaver Brook Village 05/01/2010 8,058, /08/2014 5,560, /20/ , Mid America V 02/01/2014 5,368, /08/2014 3,800, /20/ , , Veteran's Parkway 02/01/2013 3,691, /08/2014 5,100, /29/ , , River Square Center - 10/01/2014 1,832, /08/2013 5,750, /17/2013 Waco; TX 152 Eustis Shoppes - Eustis; 02/01/2013 3,195, /06/2014 3,550, /01/ , , FL 156 Riverside Office Plaza 09/01/2013 3,940, /06/2014 2,740, /23/ , , Cole Gardens Apartments 08/01/2012 1,267, /06/2014 3,600, /08/2014 6, , Belvedere Parking Garage 10/01/2014 2,609, /06/2014 1,600, /11/ , Count: 21 Totals: 198,017, ,480, , ,359, Page 24 of 49