LESS THAN 6 WEEKS FOR APPROVAL

Loan/Property overview:

Anchored retail center in Houston Texas
$14MM Loan originated in 2013
Master Servicer = Wells Fargo
Special Servicer = Rialto

Transaction:

Purchase and Sale Agreement signed March 9, 2014
Buyer and seller submitted all documents to 1^st Service by March 16^th
Complete package was submitted to Wells Fargo on March 21^st
All approvals received by May 1^st (less than six weeks)
Transaction closed on June 1, 2014