| 1E - DSCR < 1.10 and 1F - DSCR < 1.40 and <= 75% U/W DSCR. The loan is secured by a 136,926 sf upscale athletic club in Irvine, CA built in 1990 and renovated in 2006. The property was inspected 7/21/2008 and rated in good condition. 1Q 3/31/2009 NCF DSCR is 0.92 with occupancy of 100%. The DSCR decline was triggered by a decline in EGI. The EGI decline is a result of a decrease in memberships, private training income and spa income at the subject. Although the subject is operating below budget, the borrower owns multiple locations that are performing. Bank of America will continue to monitor the loan.
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