K-Star Asset Management - Special Servicer

3/11/2025 - Loan transferred to Special Servicing on 9/10/024 due to a payment default as the Loan is due for the 7/6/2024 payment. The collateral consists of 354 multi--family units across seven properties located in Chicago, IL, Valdosta, GA, and Sierr a Vista, AZ. Borrower signed the PNA and submitted a proposal, which is under review. Borrower has remitted partial payments. Special Servicer is reviewing Lender''s rights and remedies.

3/11/2025 - The Loan transferred to SS on 2/06/2025 due to imminent monetary default. The Loan is paid through February 2025. The Loan is collateralized by a 38 unit multi-family property located in Brooklyn, NY. File is currently under

3/11/2025 - Loan transferred to special servicing effective 6/1/20 due to payment default. Collateral consists of six (6) buildings containing 47 residential units and four (4) retail spaces in Brooklyn, NY. The assets are approximately 96% occupied. Inte rest currently paid to 6/1/22. Foreclosure complaint filed 10/20/21. The Receiver was appointed on 12/14/21 is currently operating and managing the property through a third-party property manager. The Borrower filed Chapter 11 bankruptcy on 7/9/24. Borr ower has filed an initial liquidation plan proposal and disclosure statement as of 10/28/2024. Trust has objected to Borrower''s initial plan proposal and awaits a final judicial determination at a future trial date.

3/11/2025 - The Loan transferred to special servicing effective 9/11/23 due to imminent default. Interest is currently paid to 1/6/25. The asset is currently operating at a loss (with additional roll in the coming months). Borrower indicated it would no l onger fund shortfalls and a Receiver was appointed 2/8/24. The receiver engaged a broker to market the asset for sale. The marketing effort launched in late July 2024. Call for offers mid-September 2024. Purchase and Sale Agreement between receiver and po tential purchaser finalized, though purchaser did not close. Special servicer working towards completing foreclosure on 4/1/25.

The Loan transferred to new special servicer effective 4/24/23; SS transfer date 8/7/20 due to payment default. Interest paid to 1/6/21. Collateral for the loan is the borrower's master leasehold interest in a 4,876 SF retail unit in Manhattan. This retail site is located within a larger, five-story residential co-op building known as Bleecker Court, which includes 223 residential and five commercial units. The single-tenant in place at closing vacated in 2020 just prior to the pandemic. Lender was the high bidder at foreclosure sale on 11/1/23. An unapproved tenant occupied the space at foreclosure, though a new lease with that tenant has been finalized and executed. REO sale expected to launch in late Q1 2025.

Loan transferred to Special Servicing effective 12/9/24 due to a non-monetary default. Collateral is a 86,615 sf retail Property located in Rockaway, NJ. Interest currently paid to 1/6/25. Loan file currently under review. Hello Letter has been notic ed. Legal counsel has been engaged on behalf of the Trust and Special Servicer is reviewing the Loan file. Borrower filed a lawsuit against Noteholder as of 1/9/25 seeking a declaratory judgment that it is not in default under the loan documents

The SS transfer date was 7/9/2020 and the Loan is paid through June 2022. The Loan is collateralized by a multi-tenant neighborhood center that contains 146,257 sq ft. The Property is anchored by Schnuck's Market and includes a former Gold's Gym space that vacated in 2020 after filing for bankruptcy. On 1/14/2021, a Receiver was appointed to manage and lease the Property. The Receiver signed a new lease with Crunch Fitness for the former Gold's Gym space, which will stabilize occupancy at the property.Receiver has authority to sell the asset via a receiver sale. The Property is under contract and closing is projected in 2Q2025.

3/6/2025 - Portfolio was foreclosed on February 4, 2025 after efforts to sell out of receivership did not materialize. The portfolio is currently 57% occupied. Special Servicer continues to work with tenants to renew leases and sign new leases at all

3/6/2025 - The Loan transferred to special servicing effective 7/21/2023 for imminent monetary default. Interest paid to 1/6/24. The collateral is a +/- 150k SF office building on a partial ground lease in San Francisco, CA. Legal counsel has been engaged and formal demand and acceleration sent. PNA executed. Recent leasing has been approved by the special servicer and completed by Borrower. Special servicer implementing dual track strategy with Notice of Default filed 4/1/24. Foreclosure expected in Q2 2 025. Negotiations with Borrower have effectively ceased.

Loan transferred for Imminent Default on 9/18/24. Collateral consists of a 667,446 NRSF, Class A commercial condominium unit ("Property"), which is comprised of office on floors 14 through 41 (638K SF) and ground floor retail (26K SF) within a 42-sto ry, 888,295 SF Class A office building on a 46,740 SF site. Floors 2 through 11 are a separate, non-collateral condominium unit that is currently occupied by Murray Hill Academy. Loan is currently due for 3/6/25. Borrower has requested a modification to reduce the interest rate for two years, defer the repayment of these amounts to Maturity, and change the priority of the Cash Management waterfall. Local counsel has been retained to file for foreclosure and/or receivership, if necessary. Lender is dual tracking the foreclosure process while discussing Borrower's request.