Argentic Services Company LP - Special Servicer

8/11/2025 - The Trust took title December 2, 2021. The REO property has 325,184 sf GLA and the occupancy is currently 72%. The Servicer will hold the asset to pursue leasing and execute on key renews of existing tenants in order to stabilize occupancy wh ile evaluating exit timing. A total of 20,092 SF of leases were executed in 2024. A project to deliver 18,000 SF (full floor) of spec suites is underway and estimated to be completed by September 2025.

"8/11/2025 - Loan transferred to special servicing effective 12/20/24, due to Monetary Default. The receiver was appointed in March after Borrower consented to the arrangement. With Lender''s approval, receiver entered into an agreement with a broker to l ist the asset for sale. Recently, the broker commenced marketing efforts."

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 Universal 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

Loan transferred to Special Servicing effective 2/24/25 due to imminent default. Hello Letter was noticed and PNA has been executed. Collateral consists of a 65 mixed service hotels, totaling 6,366 keys. Loan is paid through 7/1/2025. Servicer is actively negotiating modification terms with Borrower. Appraisal has been received and is under review.

The Loan was transferred to the Special Servicer, ASC, on August 19, 2024.In February 2025, Borrower filed bankruptcy to prevent the appointment of a receiver. An initial hearing for the appointment of chapter 11 trustee was held on 4/30 after Lender, Borrower and IHG failed to agree on settlement terms to exit the bankruptcy. Prior to the subsequent hearing held in May, Borrower filed an amended statement of financial affairs. The judge did not issue a ruling at the hearing but advised the Borrower to submit their reorganization plan as soon as possible. In July, Borrower filed a reorganization plan, however, they are yet to submit the disclosure statement. Court hearings on Lender's amended motion to appoint the chapter 11 trustee as w ell as the lift stay motion has been scheduled for late August.

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.

7/11/2025 - The loan transferred to Special Servicing on 02/06/24 due to Imminent Monetary Default. The asset is a Class B office building in downtown San Francisco with very low occupancy (3.2%) with a negative DSCR. Borrower has failed to pay February'' s debt service and Notice of Default was delivered. Receivership was recently granted by the court and receiver is now in place. Foreclosure anticipated in August.

6/11/2025- Borrower has brought the insurance into full compliance with the loan documents. Subsequently, Lender and Borrower entered into a loan modification and forbearance agreement, effective 12/31/24. Key terms of the Agreement are as follows: (i) Th e loan will no longer be required to be in cash management, (ii) at closing Borrower paid all amounts to bring the loan current including a portion of default interest, (iii) Borrower made a partial principal prepayment in exchange for the Lender providing a release of the 656-660 E Fordham portion of the collateral, and (iv) Lender conditionally waived the remaining default interest amount which will become due if the Borrower breaches the forbearance agreement based on (a) failure to make a required pay ment, other than the balloon payment due at maturity; or (b) an act or omission that triggers recourse liability. Loan transferred to special servicing effective 8/30/24, due to Payment Default, as a result of forced place insurance coverage and borrower’ s refusal to remit the higher insurance premium to lender. The Loan remains payment current and the SS is coordinating with the MS to return the loan.

6/11/2025- Borrower has brought the insurance into full compliance with the loan documents. Subsequently, Lender and Borrower entered into a loan modification and forbearance agreement, effective 12/31/24. Key terms of the Agreement are as follows: (i) Th e loan will no longer be required to be in cash management, (ii) at closing Borrower paid all amounts to bring the loan current including a portion of default interest, (iii) Borrower made a partial principal prepayment in exchange for the Lender providin g a release of the 656-660 E Fordham portion of the collateral, and (iv) Lender conditionally waived the remaining default interest amount which will become due if the Borrower breaches the forbearance agreement based on (a) failure to make a required pay ment, other than the balloon payment due at maturity; or (b) an act or omission that triggers recourse liability. Loan transferred to special servicing effective 8/30/24, due to Payment Default, as a result of forced place insurance coverage and borrower’ s refusal to remit the higher insurance premium to lender. The Loan remains payment current and the SS is coordinating with the MS to return the loan.

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.