Greystone Servicing Company - Special Servicer

SS Transfer April 2020 (COVID). Borrower does not wish to continue ownership and engaged a broker to sell the hotel. The property was marketed in late 2024 but the marketing efforts were halted at the broker's recommendation due to uncertainty surr ounding proposed union labor laws in New York City. The marketing efforts were re-started in January 2025. As of May 2025, a buyer is being considered with negotiations underway. Monthly P&I payments are current. Most recent STR for March 2025 indicates the property is operating at a 59.6% occupancy, $156.79 ADR, $93.51 RevPAR and a $5.28mm NOI based on Feb 2025 TTM.

6/4/25: Loan secured by a 34-unit, low-rise apartment pool spread across 3 bldgs in Brooklyn and Manhattan. Brooklyn-4 units, built in 1988, reno in 2020. Manhattan-30 units, built in 1900, reno in 2020 with 3 retail suites (3,450 sf on ground & lower lev els).Updated financials and the rent roll have been requested but not yet received. Loan was transferred to a SS 9/12/24 due to pmt default (July through current). Counsel engaged. PNL signed/dated 10/1/24 with Greystone. Forced place insurancewas added i n Dec 2024. Notice of Acceleration dated 11/4/24. Receiver order stamped 1/6/25. Property manager is now in-place. There are code violations and required repairs. Reviewing file with counsel.

6/11/2025 New transfer as of 4/8/25. File is under review. SS has sent Borrower a PNA and Hello Letter.

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 6/1/2025. Servicer is actively negotiating modification terms with Borrower. Appraisal has been ordered.

Loan transferred on 03/21/24 due to Imminent Monetary Default. The loan is not currently in default. Due to key tenant departures, the Borrower requested a transfer to the Special Servicer to discuss a loan modification. SS, Borrower and Mezzanine are now working to document a loan modification based on terms approved by senior lender.

"5/6/2025 - REO Title Date: March 11, 2025. Description of Collateral: Subject is a vacant CVS property totaling 14,138 SF located on a 1.51-acre site at 3959 South Suncoast Boulevard in Homosassa, FL. Property was originally built in 2003. It is located across the street from a Publix-anchored shopping center. Crossed with or is a Companion Loan to: N/A. Deferred Maintenance/Repair Issues: Per most recent inspection property is in average condition. Leasing Summary: Marketing space for lease. Crossman has been appointed as PM/easing agent. Marketing Summary: Asset is not currently listed for sale.

5/6/2025 - 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 maintain tenancy and attract new tenants to the Property. The receiver has engaged Property Manager to manage and lease the property. The property is currently 84% occupied as of YE 2024. Borrower and Lender are in discussions to a Deed-in-lieu/Foreclosure or 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

"5/6/2025 - There are 2 collateral properties for this loan, both of which have become REO since March 2025. Of those, 2 remain REO. Latham Crossing: an 83,631 nrsf shopping center on 10 acres in Latham, NY, within the E Outer Albany retail submarket. Built in 1990, and are 93.7% occupied by 5 tenants, including Staples and PetSmart. The Property is encumbered by a 90-year ground lease which expires 5/31/2057. DM: Property inspection (2024) did not note any DM. The property is in good to fair condition. Ad dressing immediate DM/ life safety. Leasing Summary: Actively listing the 1 vacancy. No new leasing to date. Marketing Summary: The asset is not presently listed for sale. Crossroads Plaza: a 17,235 nrsf free-standing retail building on 1.5 acres in L atham, NY, within the E Outer Albany retail submarket. Built in 1990, and 100% occupied by Dollar Tree and Goodyear. DM: Property inspection (2024) did not note any DM. The property is in good to fair condition with average street appeal and visibility. Leasing Summary: The Property is currently 100% occupied by two tenants. Marketing Summary: The asset is not presently listed for sale. Holding approximately $15K at the properties

5/6/2025 -The Loan originally transferred into SS to Greystone on 09/25/23 for Imminent Monetary Default due to non-payment of Property taxes and operating shortfalls by the Borrower. The Loan subsequently transferred to LNR on 12/26/24. The collateral i s a 334,930-square foot two-building, six-story, suburban office development located in Deerfield Township, Warren County, Ohio. The improvements were constructed in 1999 through 2001 and are situated on a 15.87-acre site. The Property is presently 40.5% occupied. A foreclosure complaint was filed on 11/16/23 and Consent Judgment was filed on 1/24/24. The Property is controlled by a court-appointed receiver.

6/6/2025 - Borrower has signed the PNA and SS has held one phone call with the Borrower. Perkins Coie has been engaged as Trust counsel and sent a Demand Letter to Borrower. A Notice of Default has also been recorded. Borrower is claiming that the two tenants did not pay January, February, and March 2025 rent due to the LA Wildfires. SS continues to evaluate loan workout/resolution. Borrower has made three loan payments and is now due for the 4/6 payment.