Effective

September 30,

December 31,

Property/Project Name

Lender

Rate (a)

2018

2017

Maturity

Harborside Plaza 5 (b)

The Northwestern Mutual Life Insurance Co.

%

$

 -

$

-



& New York Life Insurance Co.

23 Main Street (c)

Berkadia CMBS

%

 -

-

One River Center (d)

Guardian Life Insurance Co.

%

 -

-

Park Square

Wells Fargo Bank N.A.

LIBOR+1.87

%

04/10/19

250 Johnson (e)

M&T Bank

LIBOR+2.35

%

05/20/19

Portside 5/6 (f)

Citizens Bank

LIBOR+2.50

%

09/29/19

Port Imperial 4/5 Hotel (g)

Fifth Third Bank & Santander

LIBOR+4.50

%

10/06/19

Port Imperial South 11  (h)

JPMorgan Chase

LIBOR+2.35

%

11/24/19

Worcester (i)

Citizens Bank

LIBOR+2.50

%

12/10/19

Monaco (j)

The Northwestern Mutual Life Insurance Co.

%

02/01/21

Port Imperial South 4/5 Retail

American General Life & A/G PC

%

12/01/21

Portside 7

CBRE Capital Markets/FreddieMac

%

08/01/23

Alterra I & II

Capital One/FreddieMac

%

02/01/24

The Chase at Overlook Ridge

New York Community Bank

%

01/01/25

Marbella

New York Life Insurance Company

%

 -

08/10/26

101 Hudson

Wells Fargo CMBS

%

10/11/26

Short Hills Portfolio (k)

Wells Fargo CMBS

%

04/01/27

150 Main St.

Natixis Real Estate Capital LLC

%

08/05/27

Port Imperial South 4/5 Garage

American General Life & A/G PC

%

12/01/29



Principal balance outstanding

Unamortized deferred financing costs



Total mortgages, loans payable and other obligations, net

$

$





(a)

Reflects effective rate of debt, including deferred financing costs, comprised of the cost of terminated treasury lock agreements (if any), debt initiation costs, mark-to-market adjustment of acquired debt and other transaction costs, as applicable.

(b)

On January 8, 2018, the Company prepaid this loan in full upon payment of a fee of approximately $8.4 million using borrowings from the Company's unsecured revolving credit facility.

(c)

On March 1, 2018, the Company prepaid this loan in full upon payment of a fee of approximately $0.1 million using borrowings from the Company's unsecured revolving credit facility.

(d)

Mortgage was collateralized by the three properties comprising One River Center. On March 29, 2018, the Company prepaid this loan in full upon payment of a fee of approximately $1.8 million using borrowings from the Company's unsecured revolving credit facility.

(e)

This construction loan has a maximum borrowing capacity of $42 million and provides, subject to certain conditions, a one-year extension option with a fee of 25 basis points. 

(f)

This construction loan has a maximum borrowing capacity of $73 million and provides, subject to certain conditions, two one-year extension options with a fee of 15 basis points each year. 

(g)

This construction loan has a maximum borrowing capacity of $94 million and provides, subject to certain conditions, two one-year extension options with a fee of 20 basis points for each year.  See Note 12: Commitments and Contingencies - Construction Projects.

(h)

This construction loan has a maximum borrowing capacity of $78 million and provides, subject to certain conditions, two one-year extension options with a fee of 15 basis points each year.  See Note 12: Commitments and Contingencies - Construction Projects

(i)

This construction loan has a maximum borrowing capacity of $58 million and provides, subject to certain conditions, two one-year extension options with a fee of 15 basis points each year.

(j)

This mortgage loan, which includes unamortized fair value adjustment of $3.8 million as of September 30, 2018, was assumed by the Company in April 2017 with the consolidation of all the interests in Monaco Towers.

(k)

This mortgage loan was obtained by the Company in March 2017 to partially fund the acquisition of the Short Hills/Madison portfolio.