Effective

December 31,

Property/Project Name

Lender

Rate (a)

Maturity

Overlook - Site IIID,IIIC, IIIA &

Overlook - Site IIB (b)

Wells Fargo Bank N.A.

-

 -

$

-

10 Independence, 4 Sylvan, 210 Clay &

5 Becker (c)

Wells Fargo CMBS

-

 -

-

6 Becker, 85 Livingston,

75 Livingston & 20 Waterview

Wells Fargo CMBS

%

$

08/11/14

(d)

9200 Edmonston Road

Principal Commercial Funding L.L.C.

%

05/01/15

(e)

Port Imperial South

Wells Fargo Bank N.A.

LIBOR+1.75

%

01/17/16

(f)

4 Becker

Wells Fargo CMBS

%

05/11/16

Curtis Center (g)

CCRE & PREFG

LIBOR+5.912

%

(h)

10/09/16

Various (i)   

Prudential Insurance

%

01/15/17

150 Main St.

Webster Bank

LIBOR+2.35

%

(j)

03/30/17

23 Main Street

JPMorgan CMBS

%

09/01/18

Harborside Plaza 5

The Northwestern Mutual Life

%

11/01/18

Insurance Co. & New York Life

Insurance Co.

100 Walnut Avenue

Guardian Life Insurance Co.

%

02/01/19

One River Center (k)

Guardian Life Insurance Co.

%

02/01/19

Park Square

Wells Fargo Bank N.A.

LIBOR+1.872

%

(l)

04/10/19

Port Imperial South 4/5 Retail

American General Life & A/G PC

%

12/01/21

Port Imperial South 4/5 Garage

American General Life & A/G PC

%

12/01/29

Total mortgages, loans payable and other obligations

$

$

(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 March 27, 2015, the Company repaid these loans, which had interest rates ranging from LIBOR plus 2.50 to 3.50 percent, at par, using borrowings on the Company's unsecured revolving credit facility.

(c)

During the year ended December 31, 2015, the Company transferred the deeds for these properties to the lender in satisfaction of its obligations on the loans with interest rates ranging from 10.260% to 19.450%.  See Note 3: Recent Transactions - Dispositions.

(d)

Mortgage is cross collateralized by the four properties.  The loan was not repaid at maturity and the Company is in discussions with the lender regarding potential options in satisfaction of the obligation. 

(e)

Excess cash flow, as defined, is being held by the lender for re-leasing costs.  The deed for the property was placed in escrow and is available to the lender in the event of default or non-payment at maturity.  The mortgage loan was not repaid at maturity on May 1, 2015.  The Company is in discussions with the lender regarding a further extension of the loan. 

(f)

The loan was repaid in full at maturity, using borrowings from the Company's revolving credit facility.

(g)

The Company owns a 50 percent tenants-in-common interest in the Curtis Center property.  The Company’s $64.0 million loan consists of its 50 percent interest in a $102 million senior loan with a current rate of 3.491 percent at December 31, 2015 and its 50 percent interest in a $26 million mezzanine loan (with a maximum borrowing capacity of $48 million) with a current rate of 9.831 percent at December 31, 2015.  The senior loan rate is based on a floating rate of one-month LIBOR plus 329 basis points and the mezzanine loan rate is based on a floating rate of one-month LIBOR plus 950 basis points.  The Company has entered into LIBOR caps for the periods of the loans.  The loans provide for three one-year extension options.

(h)

The effective interest rate includes amortization of deferred financing costs of 1.362 percent.

(i)

Mortgage is cross collateralized by seven properties. The Company has agreed, subject to certain conditions, to guarantee repayment of $61.1 million of the loan. 

(j)

This construction loan has a maximum borrowing capacity of $28.8 million. 

(k)

Mortgage is collateralized by the three properties comprising One River Center. 

(l)

The effective interest rate includes amortization of deferred financing costs of 0.122 percent.