| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 1 |
Beacon Seattle & DC Portfolio (Rollup) |
OF |
$394,477,317 |
1,530,405 |
64.2 |
5.797000 % |
| | 701 & 801 Pennsylvania Avenue, NW, Washington DC 20004 |
| | 2521 S Clark Street & 2530 Crystal Drive, Arlington VA 22202 |
| | 999 Third Avenue, Seattle WA 98101 |
| | 1120 20th Street NW; 1133 21st Street, NW; 1155 21st Street, NW, Washington DC 20036 |
| | 8251 Greensboro Drive; 8281 Greensboro Drive; 8283 Greensboro Drive, McLean VA 22102 |
| | 601 108th Avenue NE, Bellevue WA 98004 |
| | 3060 - 3180 139th Avenue SE, Bellevue WA 98005 |
| | 500 108th Avenue NE, Bellevue WA 98004 |
| | 10800 - 10900 NE 8th Street, Bellevue WA 98004 |
| | 1616 North Fort Myer Drive, Arlington VA 22209 |
| | 8300 & 8330 Boone Boulevard, Vienna VA 22182 |
| | 15325 SE 30th Place, Bellevue WA 98007 |
| | 325 7th Street, NW, Washington DC 20004 |
| | 3380 146th Place SE & 3310 146th Place SE, 14432 SE Eastgate Way, 3245 146th Place SE & 3290 146th P, Bellevue WA 98007 |
| | 11111 Sunset Hills Road, Reston VA 20190 |
| | 1627 I Street, NW, Washington DC 20006 |
| | 11100 NE 8th Street, Bellevue WA 98004 |
| | 1300 North 17th Street, Arlington VA 22209 |
| | 11911 Freedom Drive, Reston VA 20191 |
| | 1201 Third Avenue, Seattle WA 98101 | | 12.5% | 91% | 1.06x (9 mths) | Bear Stearns |
|  | | Tenant | % | Expires | | PERKINS COIE | 24 | 12/31/11 | | WASHINTON MUTUAL BANK | 16 | 12/31/10 | | Davis Wright Tremaine LLP | 16 | 12/31/18 |
|
| 9 |
Franklin Avenue Plaza |
OF |
$87,000,000 |
517,118 |
78.6 |
6.011305 % |
| | 1205, 1225, 1305 and 1325 Franklin Avenue, Garden City NY 11530 | | 2.8% | 88% | 1.00x (UW) | Bank of America |
|  | | Tenant | % | Expires | | MERILL LYNCH | 10 | 08/31/12 | | HEALTHCARE PARTNERS | 6 | 01/31/12 | | ALL STATE INSURANCE CO | 6 | 06/30/12 |
|
| 1E - DSCR < 1.10, 1F - U/W DSCR drop, and 4B - EGI drop. The loan is secured by a 517,124 sf office property in Garden City, NY built in 1979 and renovated in 2007. The property was inspected on 02/03/09 rated in Good condition. Q1-2009 NCF DSCR is .72 with an occ of 84.66%; YE 2008 NCF DSCR was 1.00 with an occupancy of 87.75%. The decline in NCF is a result of a decline in EGI. Ann 2009 EGI has declined 17% from YE 2008 and 2008 EGI showed a 4% decline from YE 2007 & 7% from U/W due to lower GPR and expense reimbursements. U/W noted that the property was undergoing renovations and that current rents were slightly below market. Borrower anticipated that post renovation, rents should average $35 PSF. Current asking rates, as per Borrower, are $33/sq.ft + 3.00/sq. ft. for electric which is approximately 6% below anticipated asking rates post renovation. U/W GPR was projected at $13,879,979 and reported ann. 2009 GPR was $9,998,620.00. Current in-place rents per the March 2009 rent roll are $13,289,235. As of the March 2009 rent roll, there is 92,1931 vacant sf at the property. Borrower secured five tenants to occupy 16,553 sf of the vacant space. LBGC took occ of 4076 sf on 01/01/09, Met Life (3293 sf) lease commenced 1/1/09, USAA took occ of 5569 sf with lease commencing 2/1/09, Smart Set will take occ of 562 sf, and Fink & Platz will take occ of 3053 sf. Other prospects for the vacant space include Dodge & Co. for 1991 sf , and ALL5 Professional Temporary, Inc. for 360 sf. Bank of America will continue to monitor the loan.
|
| 43 |
31 Columbia |
OF |
$12,861,513 |
78,366 |
70.3 |
5.999000 % |
| | 31 Columbia, Aliso Viejo CA 92656 | | 0.4% | 100% | 1.08x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | Clarient Inc. | 100 | 11/30/15 | | |
|