3650 REIT Loan Servicing - Special Servicer

6/11/2026 - The loan transferred 04/08/26 due to Imminent Monetary Default after Borrower failed to remit funds sufficient for the full April 2026 cash management waterfall to be completed. The loan sponsor communicated that it is unwilling to contribute additional capital to the collateral property without a significant restructuring of the debt. The Special Servicer is in discussions with sponsor about a potential resolution and is evaluating the appropriate resolution strategy.

6/11/2026 - The loan transferred 04/08/26 due to Imminent Monetary Default after Borrower failed to remit funds sufficient for the full April 2026 cash management waterfall to be completed. The loan sponsor communicated that it is unwilling to contribute additional capital to the collateral property without a significant restructuring of the debt. The Special Servicer is in discussions with sponsor about a potential resolution and is evaluating the appropriate resolution strategy.

6/10/2026 - The Loan transferred into special servicing on 12/19/2025 in connection with an imminent default related to operational cash flow constraints stemming from low occupancy. The property is currently ~64% occupied and the lender is trapping all c ash flow. A notice of default and acceleration were sent to Borrower. In addition, Lender has filed a Motion to Appoint a Receiver which is pending entry by the court. The special servicer is gathering diligence in order to evaluate all strategies and po tential resolution scenarios that maximize recovery for the trust.

6/11/2026 - The loan transferred 04/08/26 due to Imminent Monetary Default after Borrower failed to remit funds sufficient for the full April 2026 cash management waterfall to be completed. The loan sponsor communicated that it is unwilling to contributea dditional capital to the collateral property without a significant restructuring of the debt. The Special Servicer is in discussions with sponsor about a potential resolution and is evaluating the appropriate resolution strategy.

6/11/2026 - Lender is actively monitoring receiver''s management and evaluates certain operational and leasing requests for approval, which to date includes a variety of new leasing and extensions of existing tenants, which most recently has included a pr oposed extension of a 24k SF tenant. Given the passage of time since the appointment of the receiver and duration of the ongoing foreclosure litigation, a foreclosure may be necessitated by the courts, however, lender is evaluating future marketing effort s or an imminent foreclosure. A hearing with the court in connection with the receivership is to occur on 6/2/2026, and as of 4/30/2026, the property is approximately 45% occupied.

5/11/2026 - The Borrower executed a reinstatement agreement to bring the loan current and funded a newly established debt service shortfall reserve for future projected shortfalls. The Borrower was recently issued a demand to keep the reserve fully funded , and the Special Servicer continues to monitor Borrower''s compliance. Special Servicer continues to monitor the loan''s performance and compliance with the reinstatement agreement.

6/10/2026 - The Loan transferred into special servicing on 12/8/2025 in connection with an imminent default relative to the sole tenant (iMedia Brands, Inc.) vacating the Property and termination without the consent of Lender. A Notice of Default and Not ice of Acceleration were sent to Borrower. The Special Servicer has engaged outside counsel, and the parties are holding discussions relative to a potential forbearance and will continue to dual track enforcement proceedings in order to evaluate all stra tegies and potential resolution scenarios that maximize recovery for the trust.

6/10/2026 - The loan transferred to Special Servicing due to a monetary payment default. Notice of Default and Notice of Acceleration were disseminated, and Borrower executed a pre-negotiation agreement. A Receiver was appointed in December 2025, who has since taken control of the asset, including property and leasing management to advance stabilization of the Property. The lender is trapping all cash flow and will continue to evaluate all available strategies that will

5/11/2026 - The loan transferred into special servicing effective 2/20/2026. The collateral consists of five industrial properties in California, Utah, South Carolina, Ohio, and North Carolina. The loan transferred to special servicing after borrower not ified the special servicer that they had pledged one of the SPE entities to another company that had scheduled a UCC foreclosure sale. The sale was eventually cancelled. The collateral is 100% occupied by CVB, a Borrower affiliated company; however, CVB i s dark and has subleased out many of the facilities based on the 2026 site inspections. The Borrower signed a PNA, and discussions between borrower and special servicer have commenced. The special servicer is evaluating rights and remedies as outlined in the loan documents while also continuing discussions with the Borrower.

4/13/2026 - The loan transferred to Special Servicing due to the borrower incurring additional non-permitted indebtedness in the form of three second liens. Special Servicer issued a notice of default and a purchase option notice to the mezzanine lender. As a result of the notice of default, the borrower provided satisfactory lien releases and entered into a settlement agreement. The Loan defeased on 3/31/2026.