| Id | Name/ | Type/ | Bal | GLA/Units | LTV | WAC |
| | Address | Subtype | % Pool | Occ. % | DSCR | Originator |
| 13 |
Konover Hotel Portfolio |
HT |
$65,773,153 |
1,103 |
73.0 |
6.250000 % |
| | 1931 Prairie Crossing, Kansas City KS 66111 |
| | 2323 Willowcreek Road, Portage IN 46368 |
| | 1400 Village West Parkway, Kansas City KS 66111 |
| | 6245 North Old 27, Fremont IN 46737 |
| | 420 West University Drive, Mishawaka IN 46545 |
| | 3825 Lake City Highway, Warsaw IN 46580 |
| | 1077 West US 223, Adrian MI 49221 |
| | 1629 West Maumee Street, Adrian MI 49221 |
| | 100 East Shore Court, La Porte IN 46350 |
| | 1540 Commerce Park Drive, Chelsea MI 48118 |
| | 17256 Sam Hill Drive, Marshall MI 49068 |
| | 45 West 750 North, Howe IN 46746 |
| | 120 West University Drive, Mishawaka IN 46545 |
| | 17252 Sam Hill Drive, Marshall MI 49068 |
| | 1091 U.S Highway 223, Adrian MI 49221 | | 1.5% | 59% | 1.20x (UW) | Merrill Lynch |
|  |
| 1Q 2009 occupancy fell to 39.5% which negatively effected 1Q 09 EGI. On an annualized basis it fell to 73% of UW. As a result, DSCR fell to 0.36 or 25% of UW DSCR. Konover Hotel Portfolio consists of 2 hotels in Kansas, 7 hotels in Indiana and 6 hotels in
|
| 141 |
Springhill Suites by Marriott |
HT |
$8,147,059 |
119 |
72.1 |
6.460000 % |
| | 6325 North Cloverdale Road, Boise ID 83713 | | 0.2% | 54% | 0.84x (9 mths) | Countrywide Commercial |
|  |
| As the occupancy dropped in the first half of 2009 to 50.5%, EGI reduced to 59% of UW. DSCR contracted to 0.22 or 16% of the UW level. Overall the expenses were lower than in 2009 with the exception of marketing and advertising.
|