Interest Rate | Monthly P&I Payment | Maturity Date | Carrying Amount of Securing Real Estate at December 31, 2013 | Balance at December 31, | ||||||||||||||
Property | 2013 | 2012 | ||||||||||||||||
(In thousands) | ||||||||||||||||||
35th Avenue, Beltway I, Broadway V, Lockwood, Northwest Point, Sunbelt, Techway Southwest I and World Houston 10, 11 & 14 | 4.75% | $ | 259,403 | Repaid | $ | — | — | 34,474 | ||||||||||
Airport Commerce Center I & II, Interchange Park, Ridge Creek Distribution Center I, Southridge XII, Waterford Distribution Center and World Houston 24, 25 & 27 | 5.75% | 414,229 | Repaid | — | — | 52,086 | ||||||||||||
Kyrene Distribution Center | 9.00% | 11,246 | 07/01/2014 | 4,059 | 76 | 198 | ||||||||||||
Americas Ten I, Kirby, Palm River North I, II & III, Shady Trail, Westlake I & II and World Houston 17 | 5.68% | 175,479 | 10/10/2014 | 23,509 | 26,907 | 27,467 | ||||||||||||
Beltway II, III & IV, Commerce Park 1, Eastlake, Fairgrounds I-IV, Nations Ford I-IV, Techway Southwest III, Wetmore I-IV and World Houston 15 & 22 | 5.50% | 536,552 | 04/05/2015 | 64,467 | 61,402 | 64,374 | ||||||||||||
Country Club I, Lake Pointe, Techway Southwest II and World Houston 19 & 20 | 4.98% | 256,952 | 12/05/2015 | 20,534 | 27,812 | 29,465 | ||||||||||||
Huntwood and Wiegman Distribution Centers | 5.68% | 265,275 | 09/05/2016 | 20,631 | 28,833 | 30,332 | ||||||||||||
Alamo Downs, Arion 1-15 & 17, Rampart I, II, III & IV, Santan 10 and World Houston 16 | 5.97% | 557,467 | 11/05/2016 | 54,487 | 60,131 | 63,132 | ||||||||||||
Arion 16, Broadway VI, Chino, East University I & II, Northpark I-IV, Santan 10 II, 55th Avenue and World Houston 1 & 2, 21 & 23 | 5.57% | 518,885 | 09/05/2017 | 53,298 | 57,368 | 60,310 | ||||||||||||
Dominguez, Industry I & III, Kingsview, Shaw, Walnut and Washington (1) | 7.50% | 539,747 | 05/05/2019 | 47,169 | 59,087 | 61,052 | ||||||||||||
Blue Heron Distribution Center II | 5.39% | 16,176 | 02/29/2020 | 4,430 | 1,026 | 1,161 | ||||||||||||
40th Avenue, Beltway V, Centennial Park, Executive Airport, Ocean View, Techway Southwest IV, Wetmore V-VIII and World Houston 26, 28, 29 & 30 | 4.39% | 463,778 | 01/05/2021 | 72,223 | 66,805 | 69,376 | ||||||||||||
America Plaza, Central Green, Glenmont I & II, Interstate I, II & III, Rojas, Stemmons Circle, Venture, West Loop I & II and World Houston 3-9 | 4.75% | 420,045 | 06/05/2021 | 44,770 | 59,827 | 61,970 | ||||||||||||
Arion 18, Beltway VI & VII, Commerce Park II & III, Concord Distribution Center, Interstate Distribution Center V, VI & VII, Lakeview Business Center, Ridge Creek Distribution Center II, Southridge IV & V and World Houston 32 | 4.09% | 329,796 | 01/05/2022 | 60,791 | 50,519 | 52,369 | ||||||||||||
$ | 470,368 | 499,793 | 607,766 | |||||||||||||||
(1) | This mortgage loan has a recourse liability of $5.0 million which will be released based on the secured properties generating certain base rent amounts. |