LNR Partners - Special Servicer

6/11/2025- The loan transferred to Special Servicer for delinquent payments after the borrower missed the 9/6/25 payment and has not brought it current. The loan is secured by two multifamily properties in Houston, Texas. The Pointe Apartments is a 518-unit garden style multi-family property, consisting of 47 two-story residential buildings, located in Pasadena, TX. Oak Shadows Apartments is a 182-unit garden style multifamily property, consisting of 9 two-story residential buildings, located in Houston, TX. Multiple liens have been discovered on the property. Sponsor has not provided financials or information on property performance. Lender has raised a title claim that dual tracking foreclosure with workout discussions. Lender will continue collecting due diligence and will be dual tracking foreclosure with workout discussions.

"7/11/2025 - The loan transferred to Special Servicer for delinquent payments after the borrower missed the 9/6/25 payment and has not brought it current. The loan is secured by two multifamily properties in Houston, Texas. The Pointe Apartments is a 518-unit gar den style multi-family property, consisting of 47 two-story residential buildings, located in Pasadena, TX. Oak Shadows Apartments is a 182-unit garden style multifamily property, consisting of 9 two-story residential buildings, located in Houston, TX. Multiple liens have been discovered on the property. Sponsor has not provided financials or information on property performance. Lender has raised a title claim that is being investigated. Lender will continue collecting due diligence and will be dual tracking foreclosure with workout discussions."

7/11/2025 The Loan transferred to Special Servicing on 6/4/2025 for Delinquent Payments. The Loan is secured by 2 Class A offices totaling 651K SF located in the NoMa submarket of DC. 820 NE First Street: 1990-build, 302K sf adjacent to Union Sta tion, 1100 First Street is a 2009-build, 349K sf located 2 blocks N of 820 NE First St. The Loan is subject to cash management and working to set it up. The Borrower has not submitted any proposal at this time. Engaging local counsel

7/11/2025 The Loan transferred to SS for Delinquent Payments on 06/06/2024. The collateral consists of a 56-unit multifamily property with 6 commercial units across two 5-story buildings in Queen, NY. The Property was built in 1920 and reported 12 rent stabilized units with the remaining 44 units at market. The Property is 98% occupied and reported a YE 2023 NOI/DSCR of $1.3MM/1.37x. Legal counsel has been engaged. The Lender is dual tracking foreclosure/receivership

7/11/2025 The Property is a 110-key select service hotel built in 2016 and located in Lake Charles, LA, located along interstate 10 midway between Houston and New Orleans, just north of the Gulf of Mexico. The Loan transferred SS on 11-7- 2023 for imminent default. The Property has been closed since Q3 2022 due to structural concerns that were exacerbated by two previous hurricanes impacting the Property prior to securitization. Counsel has been engaged and discussions with Borrower are ongoing. Borrower is looking to settle with the contractors insurance as a result of the construction defects. Borrower's counsel has arrived at a settlement. Borrower has remitted settlement proceeds. Borrower engaged a demolition expert who has finished the d emolition of the hotel and has cleared the site. Borrower has engaged brokers to commence the marketing process.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Built in 1990, collateral consists of 2 low rise multifamily properties in the South Glendale submarket of Los Angeles. Loan is crossed with Highland Meadows (43/44) Apartments. The Receiver has proposed to payoff the loans in full at maturity.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral consists of 28 units in 2 garden-style multifamily walk-up properties built in 1987 in the Palmdale submarket of Los Angeles. Crossed with Forest View Apartments. The Receiver has proposed to payoff the loan in full at maturity.

The loan is 60+days delinquent. Notice of Default has been sent to the Borrower. Have not received any response from the Borrower. Legal counsel has been engaged to start enforcement actions.

Loan transferred 10/23/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses and properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Asset is a 20-unit multifamily walk-up property constructed in 1986 and are situated on a total of 0.465 acres. The Receiver has proposed to payoff the loans in full at maturity.

Loan transferred 10/25/2024 for Non-Monetary Default due to a court appointed Receiver and ongoing litigation involving a dispute regarding ownership and control of the family real estate business. On August 6, 2024, the Superior Court of the State of California entered an order appointing Aaron Kudla as receiver, dedicating one sentence to receiver's powers: 'Receiver Kudla shall have all powers necessary to act as a receiver, including the power to: collect and distribute money, manage the businesses an d properties, conduct accountings, collect and distribute information and provide reports and financial information to all partners, hire and fire people, and pay people as necessary." The Sponsors are H. K. Realty, Inc. and J.K. Properties, Inc., and the Guarantor is J.K. PROPERTIES, INC. Barclays originated 21 loans to the Sponsor to refinance the fee simple interest in 21 multifamily Properties totaling 654 units, located in Southern California, totaling $52MM. Loans have springing cash management; cash flow sweep trigger for EOD or DSCR < 1.10x. Collateral is a 36 unit multi-family garden property in Ontario, CA with predominantly two-story apartment buildings built in 1971 on two, non- contiguous parcels totaling 1.67-acres.The Receiver is planning to payoff the loan in full at maturity.