LNR Partners - Special Servicer

The Loan transferred on 12/17/2020 due to payment default stemming from the COVID-19 pandemic. Lender has performed a books and records inspection and is pursuing a foreclosure strategy. A receivership hearing occurred on 11/22/2022 and the order appointi ng a receiver was entered by court on 1/25/2023. Borrower filed a notice of appeal regarding the receivership order. Special Servicer filed a pre-motion conference request to obtain leave to file for summary judgment. Motion for summary judgment has been filed and fully briefed. On May 25, 2023, lender's motion for summary judgment was granted. Foreclosure sale completed 7.24.2025. Lender was the successful bidder.

Loan transferred as a SS on 8/29/2024 for imminent default. Subject is the 160-key Holiday Inn Milwaukee River, Milwaukee WI. When Loan was with Lender as NT58462, Lender and Master Servicer received an 8/19/2024 notice from Borrower's Third-Party Advisor of Borrower's request for an orderly transfer of the Hotel to Lender due to Borrower's unwillingness to fund operating cash short fall on a go forward basis. Trust and Local Counsel have been retained. Receiver is in place and will provide Lender with updates. Lender to continue remedy discussion and strategies with Counsel.

"7/10/2025 - The Loan was transferred to the Special Servicer on 3/12/2025 due to Delinquent Payments. The Loan is due for the 1/6/25 payment. The collateral consists of an underground, mid-block parking garage consisting of 105 spaces in Midtown Manhatt an, NY, located beneath condos, between 2nd & 3rd Ave, with entrances on both 46th & 47th Streets. The garage is operated by CenterPark, and is subject to a Master Lease; 2024 NOI / DSCR / DY: $769K / 2.01x. / 9.3%. The Special Servicer will gather additi onal information and simultaneously discuss workout strategies deemed appropriate to achieve the highest net present value recovery."

The subject loan transferred to Special Servicing due to Borrowers non-payment of the semi-annual non-escrowed real estate tax payments due July 2023 and January 2024. Property protection advances were made to pay for unpaid RE Taxes

Loan transferred SS on 7/23/24 for Imminent Default due to cash flow issues. The Property has performed below a 1.00x DSCR since COVID-19. Per the Borrower, InterContinental Hotels Group indicated they will not be renewing the Franchise Agreement upon expiration in June 2028. Additionally, the Borrower put the Property on the market to sell and only received one offer due to the anticipated flag non-renewal. The Borrower has been coming out of pocket to cover operating expense shortfalls and no longer wants to contribute additional capital. Borrower signed a Reservation of Rights Letter. Counsel was retained and a Notice of Default Letter was sent out to Borrower on 12/16/24. GF was appointed as Receiver on 3/11/2025 and will move forward with a Receiver sale anticipated for 9/2025. The collateral is a 3-story, 103-key hotel located in Wheat Ridge, CO. It was acquired in 2018 by the Sponsor, built in 1984, renovated in 2014, and

The loan transferred to Special Servicing effective 9/10/2024 for imminent non-monetary default. The subject is a 1,156,393 SF suburban office complex comprised of five office buildings located in Westchester, IL, built in 1986 and renovated in 201 6. As of June 2025, the subject is 56.9% leased, down from 64.9% leased in Feb-2025. This is compared to YE 2024 and YE 2023 leased occupancies of 61.8% and 67.1%, respectively. The decrease in occupancy from February is due to the Property's second largest tenant signing an amendment to reduce their footprint by nearly 65%, while extending the term on their remaining premises by 7.5 years. A site inspection was completed in November 2024 and reported the Property is in good condition with no observed material deferred maintenance. One of three pari passu loans. The SS is commencing the exercise of remedies to include receivership and foreclosure following a monetary default.

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 received and is under review.

The loan initially transferred to Midland as Special Servicer on 5/20/20 for Imminent Default. Servicing rights transferred to LNR on 1/31/22. Borrower defaulted on payments and Loan remains past due. Lender has engaged counsel to commence enforcement of remedies. GF was appointed receiver in December 2021. Lender undertaking a Receivership sale, presently under an at-risk contract for purchase and sale, scheduled closing date of 4/23/2025.

REO Title Date: 10/4/2022. The Property is comprised of two parcels of land that is approx. 9.13 acres in size. The Property is designed and used for multi-tenant office and retail purposes. One Corporate Plaza consists of a 6-story office building and a two-level parking garage that were constructed in 1984. Two Corporate Plaza consists of an 8-story office building, one-story retail building and one 3-level parking garage that were constructed in 1989. The Property is located in the Clear akes market of Houston. Crossed with or Companion Loan: Pari Passu loan in WFCM 2016-C36. Deferred Maintenance: Most deferred maintenance issues have been addressed or are in the process of being completed, including fire panel replacement, partial roof replacement and elevator modernization. All chillers have been replaced by the Receiver before the REO title date. Common areas updates are almost complete. Leasing Summary: Approx. six lease renewals have been completed with an aggregate of 28,753 SF. Three new leases with an aggregate of 22K SF have been completed. Marketing Summary: The property is currently not listed for sale.

Loan transferred to SS on 6/28/2024 for imminent default due to Borrower's failure to complete the required PIP work by May 1, 2024. Lender previously extended Borrower relief for CoVID-19 related impact and then a forbearance agreement. Subject is a 97-key full-service branded Holiday Inn and Suites in Beaufort, SC. Lender continue to dual track forbearance discussions with Borrower and discuss/review PIP progress.