| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 71 |
Aspen Gardens |
RT |
$9,440,000 |
45,794 |
77.1 |
5.740000 % |
| | 314 Sawdust Road, The Woodlands TX 77380 | | 0.3% | 90% | 0.96x (9 mths) | Eurohypo AG |
|  | | Tenant | % | Expires | | CASA RICO'S | 16 | 10/31/17 | | Daniel J Hoffman LLC | 10 | 01/31/11 | | Posh Salons | 9 | 12/31/17 |
|
| 1E - DSCR <1.10. The loan is secured by a 45,795 SF unachored retail center in The Woodlands, Tx that was built in 2005. The last site inspection of the property was 10/24/08 with a good rating (3). The YE 2008 NCF DSCR was 0.94x. The 3Q2008 NCF DSCR was 0.96x. The occupancy was 94.12% per the Primary servicer as of 9/30/08. The decline in DSCR is due to a decline in revenue. The Primary Servicer was contacted regarding the drop in revenue even though the occupancy has increased since 12/31/07 when it was 88.18% and per the borrower the drop in revenue is due to increased concessions offered in order to draw and retain tenants . Per the Primary Servicer on 5/4/09 the borrower continues to be contacted on the property performance and other issues. Borrower has not responded to phone calls or emails at this time. Bank of America will continue to monitor this loan.
|
| 90 |
El Mercado Center |
RT |
$7,600,000 |
53,065 |
80.0 |
5.969000 % |
| | 511 West Cordova Road, Santa Fe NM 87505 | | 0.2% | 96% | 0.94x (6 mths) | Bank of America |
|  | | Tenant | % | Expires | | CVS PHARMACY INC | 57 | 03/27/26 | | Evolve Fitness LLC | 8 | 05/31/10 | | FLYING STAR CAFE INC | 7 | 05/31/17 |
|
| 1E - DSCR < 1.10. Loan is secured by an anchored three-building, single-story, 53,065 sf retail property in Santa Fe, NM, built in 1950, and significantly improved in 2006/2007. The property was last inspected on 7/8/08 with a Good rating. The anchor is a 30,100 sf CVS Pharmacy. The 2Q09 NCF DSCR is 0.94 with occupancy 0f 96%. The 1Q09 NCF DSCR was 1.04 with occupancy of 96%. The YE 2008 NCF DSCR was 1.07 with occupancy of 95.79%. Loan Originated on 5/11/2007; it was U/W at 1.15x with 95.7% Occ. The Borrower acquired the property in Feb 2006 when Occ was approx 60%. At the time of Underwriting, the Property was undergoing repositioning by the new ownership; a number of tenants had below market rents which were coming up for renewal in a strong submarket. Borrower will be contacted regarding the property performance and the reason for the decline. Bank of America will continue to monitor the loan.
|