Table 1: Summary Statistics by Category of Percent Square Footage Occupied by the Property’s Largest Lessee (L1%) Average values for mortgage, property, and tenant characteristics are shown for categories of the percent of square footage occupied by the property’s largest tenant (L1%). Nominal Real Range Fraction Property Property NOI/ Occ. Years to L1 of % Spread L1 Value Property Amort. Rate Property Loan Category L1% N Sample (%) L1% Rollover (mil) (mil) LTV Value Rate (%) Age Maturity 0 ≤ 1 L1% < 3,878 20.61 1.5514 14.46 0.83 28.59 14.62 0.68 0.0761 0.16 93.83 18.47 9.90 20 20 ≤ 2 L1% < 6,426 34.15 1.5536 28.87 0.75 16.94 8.71 0.69 0.0762 0.15 95.71 19.72 9.93 40 40 ≤ 3 L1% < 3,180 16.90 1.5596 49.04 0.58 11.83 6.10 0.70 0.0765 0.16 97.08 19.21 9.98 60 60 ≤ 4 L1% < 1,581 8.40 1.5480 68.32 0.41 9.57 4.95 0.70 0.0759 0.16 97.78 16.25 10.02 80 80 ≤ 5 L1% < 374 1.99 1.6005 87.37 0.33 9.56 4.91 0.69 0.0759 0.18 98.94 17.17 10.11 100 L1% = 6 3,376 17.94 1.5054 100.00 0.23 6.31 3.24 0.67 0.0720 0.20 99.97 11.96 10.36 100 0≤ All L1% 18,815 100.00 1.5460 46.55 0.61 15.80 8.12 0.69 0.0754 0.16 96.56 17.64 10.02 ≤ 100
Table 1: Summary Statistics by Category of Percent Square Footage Occupied by the Property’s Largest Lessee (L1%) Average values for mortgage, property, and tenant characteristics are shown for categories of the percent of square footage occupied by the property’s largest tenant (L1%). L1 Category Range of L1% N % Sample Spread (%) L1% Fraction L1 Rollover Nominal Property (mil) Real Property Value (mil) LTV NOI/ Property Value Amort. Rate Occ. Rate (%) Property Age Years to Loan Maturity 1 0 ≤ L1% < 20 3,878 20.61 1.5514 14.46 0.83 28.59 14.62 0.68 0.0761 0.16 93.83 18.47 9.90 2 20 ≤ L1% < 40 6,426 34.15 1.5536 28.87 0.75 16.94 8.71 0.69 0.0762 0.15 95.71 19.72 9.93 3 40 ≤ L1% < 60 3,180 16.90 1.5596 49.04 0.58 11.83 6.10 0.70 0.0765 0.16 97.08 19.21 9.98 4 60 ≤ L1% < 80 1,581 8.40 1.5480 68.32 0.41 9.57 4.95 0.70 0.0759 0.16 97.78 16.25 10.02 5 80 ≤ L1% < 100 374 1.99 1.6005 87.37 0.33 9.56 4.91 0.69 0.0759 0.18 98.94 17.17 10.11 6 L1% = 100 3,376 17.94 1.5054 100.00 0.23 6.31 3.24 0.67 0.0720 0.20 99.97 11.96 10.36 All 0≤ L1% ≤ 100 18,815 100.00 1.5460 46.55 0.61 15.80 8.12 0.69 0.0754 0.16 96.56 17.64 10.02