KeyBank National Association - Special Servicer

6/4/2025 The Loan transferred to Special Servicing for payment default in March 2025. The Loan is secured by 3 suburban office buildings in Baskin Ridge, NJ and New Providence, NJ totaling 448,372 sf. The Special Servicer has established

"  6/11/2025 The Loan transferred to Special Servicing on 10/10/2024 due to a loss of the largest tenant in the subject collateral. The Borrower continues to perform under the terms of the Loan and is pursuing opportunities to increase occupancy at the Property. Borrower signed PNL in 2/2025. Special Servicer engaged outside counsel and its evaluating its rights and remedies under the loan documents.

"  6/11/2025  6/5/2025 - Loan was transferred to Special Servicing on 1/6/2021 for imminent default as the Borrower was past due for its 11/6/2020 payment. Sponsor would no longer support the hotel but cooperated with the appointment of a receiver. Consensual foreclosure action was filed on 03/30/2021. Receiver was appointed on 04/12/2021. The receiver listed the property for sale in 2022 and early 2023 but no acceptable bids were received. The property has been taken off the market but listed for sale again in June 2024. Property operations have improved significantly since the receiver took possession and cash flow is now sufficient to cover operating expenses and some debt service. Purchase/Sales Agreement has been executed between the Receiver and the buyer and the sale has been approved by the court as well. We anticipate closing the sale / loan assumption during 3rd Qtr. 2025.

06/04/25: Loan transferred to special servicing on 08/21/24 for imminent non-monetary default. Loan is secured by a 14 building office/industrial park (11 rentable office/industrial buildings and 3 non-rentable service buildings), encompassing 3.4M M rentable square feet on a 288-acre site located in Rochester, NY. Lender was notified that there were $2.4MM in past due utilities, requiring the lender to fund to preserve/protect the collateral and avoid a shutoff. Applicable notices have been provided to mezz lender and legal counsel has been engaged to pursue the appointment of a receiver. Borrower is pursuing the transfer of a minority interest in the borrower to recapitalize the borrower.

06/04/25: Loan transferred to special servicing on 08/21/24 for imminent non-monetary default. Loan is secured by a 14 building office/industrial park (11 rentable office/industrial buildings and 3 non-rentable service buildings), encompassing 3.4M M rentable square feet on a 288-acre site located in Rochester, NY. Lender was notified that there were $2.4MM in past due utilities, requiring the lender to fund to preserve/protect the collateral and avoid a shutoff. Applicable notices have been provided to mezz lender and legal counsel has been engaged to pursue the appointment of a receiver. Borrower is pursuing the transfer of a minority interest in the borrower to recapitalize the borrower.

6/11/2025- The asset transferred to Special Servicing effective 5/24/2024 due to imminent monetary default. The Borrower requested a transfer to Special Servicing. The loan is secured by an office property located in Mesa, AZ. The property went into monet ary default after the sole tenant vacated effective September 2024. A receiver has been appointed to manage the property.

6/11/2025- The asset transferred to Special Servicing effective 8/2/2023 due to imminent monetary default. Key was named SS 03/15/2024. The #2 tenant vacated at lease expiration in Dec. 2023. The loan is secured by the leasehold interests in five office p roperties located in Princeton, NJ. A receiver has been appointed to manage the properties.

6/11/2025- Loan transferred to Special Servicing effective 10/29/2024 due to imminent monetary default.

The Loan transferred to Special Servicing on 11/22/2024. Special Servicer has entered into Pre-Negotiation Letters with the borrower and with all four mezzanine lenders. We have received a workout proposal from borrower and are negotiating. Also, all of the mezzanines have expressed an interest in negotiating cure scenarios. Are trapping property cashflows to keep all mortgage notes current. Are not making any of the mezzanine's payments, they are all due for December 2024.

Loan was transferred to Special Servicing, effective March 10, 2025, and remains past due for the March 2025 payment. Borrower and Lender are negotiating term of a Deed in Lieu. At the same time, SS has directed counsel to