(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 16, 2019, the loan was repaid using proceeds from the disposition of Park Square.

(c)

This construction loan has a maximum borrowing capacity of $42 million. On July 29, 2019, the Company repaid the construction loan from the proceeds of a $43 million permanent mortgage that matures on August 1, 2024.

(d)

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. On June 28, 2019, the Company paid down the loan by $30 million using proceeds from the June 28, 2019 Rockpoint transaction. See Note 12: Commitments and Contingencies - Construction Projects.

(e)

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.

(f)

This mortgage loan, which includes unamortized fair value adjustment of $2.6 million as of June 30, 2019, was assumed by the Company in April 2017 with the consolidation of all the interests in Monaco Towers.

(g)

On January 31, 2019, the Company acquired the majority equity partner's 50 percent interest. Concurrently with the closing, the joint venture repaid in full the property's $74.7 million mortgage loan and obtained a new loan in the amount of $117 million.

(h)

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

(i)

Effective rate reflects the first five years of interest payments at a fixed rate. Interest payments after that period ends are based on LIBOR plus 2.75% annually.