Rialto Capital Advisors - Special Servicer

The loan recently transferred to the Special Servicer for Imminent Monetary Default. The Largest tenant CFTC will be vacating. PNL has been executed and negotiations are in process with the Borrower. The loan remains current at this time. Borrower and Le nder are discussing a possible consensual receivership and leasing opportunities with current and new tenants. Lender is working on a lease review for tenant, MedStar.

Complaint for foreclosure and appointment of receiver was filed on 2/14/25; litigation is ongoing.

The Loan transferred in April 2021 due to imminent monetary default stemming from issues relating to Covid-19. Lender has performed a books and records inspection and is pursuing a foreclosure strategy. Judge on the case has grant ed lender's pre-motion conference request letter and lender now has leave to file motion for summary judgment. The application for a receiver was declined by the court, however, motion for summary judgment was granted. Papers in support of damages were fi led. Special servicer continues to proceed with a foreclosure strategy. Litigation ongoing as of 2/27/2025.

Loan transferred to special servicing in August 2023 and a pre-negotiation letter was sent to Borrower and subsequently executed. Borrower requested to turn keys over to lender and a foreclosure was finalized in September 2024. SS is expecting to pursue a lease-up strategy prior to disposition in an effort to capture tenant demand within the submarket.

The loan recently transferred to the Special Servicer for Imminent Monetary Default. The Largest tenant CFTC will be vacating. PNL has been executed and negotiations are in process with the Borrower. The loan remains current at this time. Borrower and Lender are discussing a possible consensual receivership and leasing opportunities with current and new tenants. Lender is working on a lease review for tenant, MedStar.

The loan transferred to special servicing following the filing of a lis pendens against the property. Additionally, the loan is in payment default, among other non-monetary defaults. Special servicer has filed a foreclosure complaint and receiver motion. Lender’s motion for a receiver was granted on 9/16/2024. Lender has filed its motion for summary judgment and a response from the court is pending.

The Loan in Special Servicing due to Non-Compliance with Cash Management due to failed DSCR Trigger. The Borrower failed to close previously approved reinstatement agreement which included a potential Master Lease with the Borrower to increase property-level NOI/Cash Flow to cure the DSCR Trigger Event. Special Servicing has reached out numerous times to reengage with the Borrower on a potential reinstatement of the Loan. Borrower remains unresponsive to recent

The loan transferred to special servicing on 10/31/2024 for imminent monetary default. A pre-negotiation letter has been executed and discussions remain ongoing with the borrower parties, however, lender is currently evaluating a loan

Complaint for foreclosure and appointment of receiver was filed on 2/14/25; litigation is ongoing.

Loan has recently transferred to SS. Borrower indicated they would consent to engage in an orderly transition of the collateral back to the Lender. A Receiver has been appointed. Working with the Receiver to stabilize the asset and begin the