| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 57 |
Marsh Store 14 |
RT |
$10,793,823 |
80,641 |
69.5 |
5.880000 % |
| | 2140 East 116th Street, Carmel IN 46032 | | 0.3% | 100% | 1.34x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | Marsh Supermarket | 100 | 11/24/11 | | |
|
| 58 |
Golder Ranch Shopping Center |
RT |
$11,100,000 |
72,729 |
75.0 |
5.750000 % |
| Gasping for air | 15250, 15270, 15310, & 15318 North Oracle Road, Tucson AZ 85739 | | 0.4% | 100% | 1.32x (UW) | Bank of America |
|  | | Tenant | % | Expires | | BASHA'S | 74 | 04/30/26 | | BLOCKBUSTER | 6 | 10/31/11 | | Osake Japenese Restaurant | 3 | 07/31/13 |
|
| 4E - Bankruptcy (anchor tenant); 6A - Other (potential store closure); 1E - DSCR < 1.10; 1F - DSCR < 1.40 & < or = 75% U/W. Loan is secured by a 72,682 sf anchored retail shopping center in Tucson, AZ, built in 2006. The 4/17/2008 inspection rated the Property in Good condition. YTD 3/31/2009 NCF DSCR is 1.01x with 98% Occ; YE 12/31/2008 NCF DSCR was 1.32x with 100% Occ. DSCR decline at 1Q09, based on annualized figures, is attributed to decreased Exp Reimb. Bank of America has learned that the anchor tenant, Bashas\'' Inc., (54,022 sf; 74.3% NRA; $11.30 psf/yr; 4/30/2026 lease expiration), is at risk for potential store closing within the year. The Chandler, Arizona-based Bashas'' supermarket chain had already closed five stores in 2/2009, and announced plans to shutter additional locations within the next few months. subsequently, ten more stores closed on 7/21/2009. Bashas'' family of stores consists of Bashas'' Grocery, Food City, AJ''s Fine Foods, and Ike''s Farmers Markets. According to recent media coverage, the store closures are a result of increased competition among grocers in the Phoenix area and shrinking profit margins. The region experienced unusually high supermarket competition stemming from too many new store openings within the last two years; as such, the market became oversaturated. On 7/13/2009, Bashas'' Inc. filed for Chapter 11 Bankruptcy reorganization. Bashas'' senior leadership cited the recession''s impact on Arizona as the reason for filing, and the company hopes to emerge from Chap 11 at the end of 1Q 2010. Media coverage indicates that Bashas'' secured a $45 MM line of credit and is working with its lenders, creditors and attorneys to draft the company''s future operating plan. The press quoted Bashas'' President/COO as having stated, “We are not going out of business. We are not winding down our operations.” Bank of America contacted Borrower to confirm if they''ve discussed with Bashas'' the likelihood of subject store closure; awaiting a response.
|
| 62 |
North Hills Shopping Center |
RT |
$10,450,000 |
193,089 |
72.3 |
5.750000 % |
| | 1004-1298 Lonnie Abbott Boulevard, Ada OK 74820 | | 0.3% | 90% | 1.35x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | Specialty Retailers Inc. | 15 | 12/31/20 | | Goody's Family Clothing | 12 | 12/31/12 | | Hastings Entertainment | 11 | 07/31/11 |
|
| 76 |
Marsh Store 40 |
RT |
$6,927,755 |
55,573 |
69.5 |
5.880000 % |
| | 11625 Fox Road, Indianapolis IN 46236 | | 0.2% | 100% | 1.34x (9 mths) | Bank of America |
|  | | Tenant | % | Expires | | MARSH SUPERMARKETS INC. | 100 | 11/24/26 | | |
|
| 90 |
Auburn Hills and Taylor La-Z-Boy Portfolio (Rollup) |
RT |
$5,730,895 |
39,365 |
76.0 |
5.678000 % |
| 90+ | 3975 Baldwin Road, Auburn Hills MI 48326 |
| 90+ | 22919 Eureka Road, Taylor MI 48180 | | 0.2% | 100% | 1.39x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | La-Z-Boy-Taylor | 100 | 02/05/16 | | |
|
| The loan transferred into Special Servicing on 3/18/2009 due to an imminent default; the tenant, a La-z-Boy franchisee filed Chapter 7 and vacated the properties in March. These are two vacant stand alone retail properties in Taylor and Auburn Hills, MI totaling 39,365 SF. The borrower has stipulated to the appointment of a receiver. Receiver was appointed 6-9-09 and is in control of the property with the right to lease or sell the properties.
|
| 117 |
Identity Center |
RT |
$3,674,199 |
37,000 |
77.0 |
5.979000 % |
| | 2808 South Main Street, Lindale TX 75771 | | 0.1% | 85% | 1.33x (UW) | Bank of America |
|  | | Tenant | % | Expires | | IDENTITY | 15 | 10/31/09 | | anytime fitness | 12 | | | CENTRAL TITLE | 8 | 08/30/11 |
|
| 124 |
Lobill's Store 307 |
RT |
$3,236,101 |
32,116 |
69.7 |
5.880000 % |
| | 11865 Hamilton Avenue, Cincinnati OH 45231 | | 0.1% | 100% | 1.33x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | Lobill MSI - Store -307 | 100 | 11/22/26 | | |
|
| 126 |
Lobill's Store 325 |
RT |
$3,140,983 |
31,172 |
69.6 |
5.880000 % |
| | 501 National Road West, Richmond IN 47374 | | 0.1% | 100% | 1.37x (9 mths) | Bank of America |
|  | | Tenant | % | Expires | | Lobill Foods | 100 | 11/22/26 | | |
|
| 127 |
Center at Stop Eleven |
RT |
$3,117,188 |
40,667 |
76.0 |
5.784000 % |
| | 2312-2372 East Stop Eleven Road, Indianapolis IN 46227 | | 0.1% | 100% | 1.30x (12 mths) | Bridger |
|  | | Tenant | % | Expires | | TIENDA MEXICAN EL PASO | 17 | 12/31/12 | | DOLLAR GENERAL | 16 | 12/31/09 | | DRIFTY'S SPORTS PUB | 16 | 02/28/10 |
|
| 136 |
Staples - Pendleton Pike |
RT |
$2,582,502 |
20,395 |
62.2 |
5.882000 % |
| | 10422 Pendleton Pike, Lawrence IN 46236 | | 0.1% | 100% | 1.33x (UW) | Bridger |
|  | | Tenant | % | Expires | | STAPLES INC. | 100 | 10/31/16 | | |
|
| 145 |
Twentieth Center |
RT |
$2,252,336 |
13,011 |
62.6 |
5.891000 % |
| | 14904 Bel Red Road, Bellevue WA 98007 | | 0.1% | 100% | 1.39x (12 mths) | Bridger |
|  | | Tenant | % | Expires | | DVC/ESTATE FURNISHINGS | 34 | 08/31/11 | | WASH KARATE ASSOC INC | 34 | 06/30/10 | | KUMON LEARNING CENTER | 12 | 11/30/11 |
|
| 153 |
Lobill's Store 301 |
RT |
$1,807,599 |
15,244 |
69.8 |
5.880000 % |
| | 950 North Cass Street, Wabash IN 46992 | | 0.1% | 100% | 1.34x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | Lobill MSI - Store -301 | 100 | 11/22/26 | | |
|