| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 5 |
Mall of Acadiana |
RT |
$145,453,042 |
305,150 |
77.4 |
5.665000 % |
| | 5725 Johnston Street, Lafayette LA 70503 | | 4.6% | 99% | 1.15x (UW) | Bank of America |
|  | | Tenant | % | Expires | | ABERCROMIE AND FITCH | 4 | 12/31/11 | | The Gap Inc. | 3 | 01/31/13 | | LIMITED BRANDS LLC | 3 | 01/31/14 |
|
| 17 |
Plaza at Fayette |
RT |
$42,939,595 |
217,481 |
77.4 |
5.665000 % |
| | 3801 Mall Road, Lexington KY 40503 | | 1.4% | 100% | 1.15x (12 mths) | Bank of America |
|  | | Tenant | % | Expires | | Sun Capital Partners Inc. | 32 | 10/31/16 | | Cinemark corp | 31 | 06/30/21 | | The gap inc | 10 | 10/31/11 |
|
| 65 |
North Columbus Crossing |
RT |
$8,735,708 |
85,820 |
66.2 |
5.859000 % |
| | 6770 Veterans Parkway, Columbus GA 31909 | | 0.3% | 100% | 1.17x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | Winn Dixie Montgomery Inc. | 71 | 12/01/19 | | Hobbytown USA | 4 | 11/30/10 | | Ron L Shives | 3 | 04/30/10 |
|
| 66 |
Sterling Plaza |
RT |
$8,669,328 |
65,766 |
72.7 |
5.874000 % |
| | 2904 North Beltline Road, Irving TX 75061 | | 0.3% | 92% | 1.15x (UW) | Bear Stearns |
|  | | Tenant | % | Expires | | 99 Cents Only -2824 | 27 | | | Bank One Main Bldg | 17 | | | Irving City Library | 12 | 03/31/10 |
|
| 1E - DSCR < 1.10 and 4C - Major tenant with lease > 30% NRA expiring in next 6 months. The loan is secured by a 65,765 sf retail property in Irving, TX built in 1968. The property was inspected on 06/05/09; rated in Good condition. Q1-2009 NCF DSCR is 1.02 with an occupancy of 86.26%; YE 2008 NCF DSCR was 1.15 . The decline in NCF is a result of an EGI decline combined with increased operating expenses. Annualized 2009 EGI has declined 4% from YE 2008 due to a base rent decline combined with a slight occ decline. The June 2009 rent roll shows that there is 5122 vacant sf at the property; however, there are 4 tenants who collectively occupy 25.32% NRA that have expired leases and may potentially not be in occupancy at the property. Annualized 2009 operating expenses show a 9% increase from YE 2008 due to higher than normal RET and RM. The lease rollover applies to .99 Cents Store who occupies 18000 sf or 27.37% NRA with a lease expiration of 01/31/2009. Per a June 2009 update from Bwr representative, .99 cents store at the subject property is currently MTM with a provision that tenant will vacate upon 30 day written notice from the Borrower. Borrower has executed a lease with Aldi to occupy the former .99 cents store space once all TI\''s have been completed. All TI work began effective 06/01/09. The Aldi lease is for 10 years at an initial rate of $7.75 PSF with three 5 year extension options. Additionally, Bank One occupies 11610 sf or 18.33% with a lease that expired in 2007. Bank of America has contacted the Borrower to determine if Bank One has signed a new lease, leasing updates, and clarification on the increased operating expenses; waiting for a response.
|
| 119 |
Walgreen's - Gaylord, MI |
RT |
$4,133,523 |
14,489 |
75.8 |
5.573000 % |
| | 1290 West Main Street, Gaylord MI 49735 | | 0.1% | 100% | 1.15x (UW) | Bank of America |
|  | | Tenant | % | Expires | | Walgreen's - Gaylord MI | 100 | 12/31/81 | | |
|
| 165 |
Briarcrest Shopping Center |
RT |
$2,213,246 |
33,790 |
65.1 |
6.031000 % |
| | 1498 Wilcrest Drive, Houston TX 77042 | | 0.1% | 87% | 1.13x (12 mths) | Bridger |
|  | | Tenant | % | Expires | | BEAUTY PALACE | 13 | 08/31/11 | | CHILD CARE | 12 | 11/30/10 | | NICKS SPORTS BAR | 11 | 06/30/11 |
|
| 179 |
Van Buren Retail Center |
RT |
$1,288,000 |
4,800 |
75.8 |
5.860000 % |
| Past Due | 2008 Fayetteville Road, Van Buren AR 72956 | | 0.0% | 100% | 1.18x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | Starbucks Corporation Restaurant | 38 | 02/28/17 | | Bubs are great | 34 | 11/01/11 | | Scoops-N-More Inc | 28 | 04/30/12 |
|
| 08/31/09 4,800 sf retail property that is 100% leased but anchored by a dark 1.8k sf Starbucks. Located in Van Buren, AR. Loan transferred to Special Servicing on 7/14/09 because of non-monetary default. For the 2nd Q 2009 the NOI was 17k and DSCR was .87x. Borrower has a potential buyer. Helios has obtained counsel and a BOV. Appraisal will be ordered. Helios will continue to pursue document remedies while discussing alternatives with the Borrower.
|