Property and Location:

•STNL CVS property located on the East Coast

•CVS opted to extend lease 10 years prior to renewal period

Constraints:

•Sponsors first STNL purchase

•Appraisal came in Short of expectations

Outcome:

•63% LTV / 3.65% Rate

•5-yr Term, 12 months Interest Only

•No Prepay Penalty

•Non-Recourse