Argentic Services Company LP - Special Servicer

6/11/2025- The Special Servicer took ownership of the asset via a deed-in-lieu of foreclosure agreement on 6/10/2024. The Special Servicer entered into a listing agreement with Matthews REIS to market the property for sale on 11/7/2024 and entered into al isting agreement with Tri State Realty to market the property for lease on 1/6/2025. Since marketing began, there have been 10 purchase offers received. The Special Servicer is in final negotiations with the top two bidders.

6/11/2025- The asset was transferred to special servicing on January 29, 2025, due to the borrower’s failure to maintain required insurance coverage, which led to the Master Servicer force-placing insurance and a subsequent payment default. The borrower h as expressed a willingness to reinstate the loan and obtain compliant coverage. The Special Servicer is still working through the activation of cash management and is awaiting the next borrower receipt to confirm proper account functionality. Per the Mast er Servicer, the force-placed policy was cancelled effective May 1, 2025, to prevent further premium accruals, and a follow-up was sent to the insurance broker to confirm receipt of all necessary cancellation

Loan transferred to special servicing on 12/3/24 due to Imminent Monetary Default. The Sponsor proposed a loan modification which would enable the Sponsor to utilize reserves, property cash flow, and other sources to pay for tenant improvement allowances contemplated in the leases it is negotiating. The proposal was declined by the Lender. The Sponsor has requested Lender modify the loan to allow for a portion of the collateral property to be sold in exchange for a partial prepayment of the loan. The parties are negotiating the terms of the potential modification.

The loan transferred to Special Servicing on 2/27/2025 due to imminent monetary default. Borrower signed PNL 3/28/25. Special Servicer has engaged counsel and is evaluating its rights and remedies under the loan documents. Loan has

Loan transferred to Special Servicing 9/13/23 due to Payment Default. Following the transfer of the Loan, the Special Servicer had initiated enforcement of its remedies, but the parties subsequently entered into a Loan Reinstatement Agreement on 12/2 9/23. Before the loan was returned to master servicing, a DSCR Trigger Event occurred and the loan remained in special servicing while cash management was established. The April 2025 cash management collection was insufficient to cover all amounts due under the loan and the loan is past due for the April 2025 payment. The Borrower was subsequently sent a default notice, and the loan was accelerated. The Special Servicer will seek a transfer in title to the collateral property through deed in lieu of foreclosure as Borrower previously indicated that it would cooperate in such efforts. In the event Borrower and Special Servicer are unable to consummate a deed-in-lieu, the Special Servicer shall

Loan transferred to special servicing, effective 8/28/24 due to Borrower's failure to comply with the cash management provisions of the loan agreement. Counsel issued a notice of default and acceleration, and a foreclosure sale was scheduled for January 2025. Borrower subsequently filed a TRO to block the foreclosure sale, which was shortly denied and dissolved in February.The Borrower and Special Servicer entered into a loan modification and forbearance agreement in May 2025, whereby a principal paydown was made from the existing holdback reserve, and a 12-month forbearance period was provided within which the Borrower must lease the entirety of the 4th or 11th floor. If Borrower fails to lease the space, a cash sweep period will commence and Borrower must deposit all excess cash leaked as of the date of trigger. The Borrower shall full trigger recourse if it fails to lease the required space and remit the leakage deposit or comply with

Transferred 11/19/24 due to Monetary Default. Deed-in-Lieu agreement was completed in May with Borrower. DIL effective date 05/16/25. SS will look to actively market the property for sale in the near term.

Transferred to Special Servicing 01/12/24 due to Monetary Default. At SS's direction, counsel issued a notice of default and acceleration letter. Borrower and SS were working to execute a DPO Agreement that was approved by Lender, however, Borrower inform ed SS that they are unable to move forward. SS is currently marketing the note for sale, but in the event the highest offer is not at a price SS is able to transact at, SS will complete the ongoing foreclosure action.

The Lender's receivership order was granted on 4/1/2024. Since then, the receiver's leasing team has executed lease renewals or expansions for Comerica Bank, Wholesome Sweeteners, Karam Law Office, Thomas Kelly, MS Benbow, Pax Equity, Leon Law Firm,and Un iversal Surgical. In addition, they have executed two new leases for David Peake Law Firm and Stewart Title. They are currently engaged in renewal negotiations with Acrisure and Sovereign Wealth Advisors, and have received interest from a few new tenants. Given the challenging office submarket conditions, SS is evaluating all options in an effort to maximize recovery on the Loan. The receiver is remitting any excess cash generated by the property to

Asset transferred to SS on 6/10/22 due to Imminent Monetary Default due to a notice issued by the city of San Diego. The notice issued by the City resulted in many of the SRO tenants vacating the building. The SS moved for an emergency motion for a receiv er. Borrower filed bankruptcy on 6/28. The court dismissed the BK and on 8/11/2022, the court granted a receiver order appointing Trigild as the receiver. The receiver successfully completed an eviction of all SRO tenants due to the unsafe condition of th e property and in accordance with the City of San Diego's order to vacate. An ASR was approved authorizing the marketing of the asset for sale through the receivership with brokerage firm Kidder Mathews. The property was placed under a sale contract by th e receiver which contemplated an assumption of the loan to the third-party buyer. The receiver's motion to sell the asset was approved by the court on 8/22/23, the buyer terminated the sales contract. Lender elected to proceed toward a foreclosure sale of the Property. The foreclosure sale occurred on 8/19/2024. The Special Servicer is working with a local brokerage firm to sell the REO Property. The marketing process yielded several offers to purchase the REO Property, however the purchaser did not close . The property is scheduled to be auctioned on RealInsight Marketplace to ensure a successful sale of the REO property.