CGCMT 2016-GC36 - Charts and Resources

The Loan was transferred to the Special Servicer on 12/26/2024 after the Borrower failed to comply with cash management. The collateral consists of a two-story, 40,315 SF office building built in 1938, and located in Hollywood, CA (Proper ty). The Property is 100% occupied by a single tenant, Pacific Standard Leasing whose lease began on 2/3/25. Lender will continue discussions with the Borrower to gather necessary information while simultaneously reserving all

Transfer as of 12/8/20.Borrower initially requested a transition of the Property back to the Noteholder. A foreclosure complaint was filed and a receiver is now in place as of September 2022. The receiver has been successfully working to maintaintenancy and attract new tenants to the Property. The receiver has engaged Property Manager to manage and lease the property. The property is currently 81% occupied as of 1Q 2025. Borrower and Lender are in discussions to a Deed-in-lieu/Foreclosureor another form of transition from the Property, which includes a possible loan assumption with modifications with potential buyer. Lender is negotiating terms of modified debt with the assuming new

Loan transferred to Greystone, as Special Servicer, on 11/1/24 due to Imminent Default as Borrower was requesting a modification due to declining occupancy. Loan subsequently transferred to LNR, as Special Servicer, on 12/26/24. Collatera l consists of a 25-story Class B office building (Property) located in the Penn District office submarket of Midtown New York. Property contains 661,874 NRSF, of which 17,488 SF is retail that is 100% occupied by CVS, TD Bank, CityMD, and Cafe Cinq. Prope rty was constructed in 1917 and was recently renovated in 2016. Loan matures on 1/6/26, and Lender is currently in discussions with Borrower regarding potential workout options.