Situs Holdings - Special Servicer

The loan transferred to Special Servicing effective 2/17/2023 due to imminent monetary default. The subject is a 308,198 SF office property located in Richardson, TX built in 2001 and renovated in 2008. As of June 2025, the property is 46.3% leased. A Receiver was appointed on 5/15/2023. The Trust took title via a foreclosure sale which took place on 12/5/2023. The Receiver was dismissed by the court on 1/26/2024 following the foreclosure. The property was inspected in January 2025 and found to be in overall good condition with no material deferred maintenance noted. Leasing efforts to stabilize the property continue. A renewal with the 2nd largest tenant representing 13% of the NRA is in process.

7/11/2025 - Assumption/receiver sale has been completed. Loan was assumed on 12/31/2024 and will be returning to the MS after the rehab period. Assumption Amendment is being finalized in order to board the loan. Ongoing discussions between Lender''s couns el and Borrower''s counsel. Pending Borrower''s execution on Assumption Amendment Agreement.

7/11/2025 - The Loan transferred to special servicing for Non-Monetary Default. Borrower has not executed PNL. Counsel has been engaged. Counsel has sent appropriate notices/demands. Negotiations ongoing to comply with cash management and collecting exces s cash due since trigger occurred. Reviewing potential lease up at Property and valuating next steps for the property and performance.

7/11/2025 - The Loan transferred to the Special Servicer for cash management compliance. The loan is current on payments. PNL was signed and negotiations with the Borrower have been initiated. Borrower sent lockbox cash reconciliations to help determine i f all funds have been deposited properly. Still working on reconciliations to lockbox and net dollars borrower funded for the property. Loan remains current and Borrower is looking to refinance

7/11/2025 - The Loan transferred to the Special Servicer in February 2023 for non-monetary defaults. Special Servicer is in communication with the Borrower and has engaged an examiner to determine the CMA shortfall that needs to be replenished. Borrower has easement proposal approved for one new lease. Financials have been submitted. Borrower has requested turning over the property by way of a DIL; Special Servicer has conducted site visits and court has approved the appointment of the Receiver. Receiver has taken control of property and is negotiating renewals; McAdory building sale being finalized by the Receiver.

07/01//2025 - Transfer to special servicing on 10/7/24 due to payment default. Borrower failed to pay required reserve triggered due to the tenant not executing a five-year lease extension. Counsel has been engaged and the loan was accelerated. Borrower reports that the primary tenant has agreed to extend their lease and a draft was contingently approved. Cash management has been requested, however, borrower is not cooperating. A foreclosure action has been filed

7/11/2025 - Loan transferred to Special Servicing for payment default. Lender has sent PNL and is reaching out to the Borrower group.

7/11/2025 Borrower filed chapter 11 bankruptcy on 6/26/24. Borrower and Lender have negotiated a court-approved plan to sell all collateral, with an anticipated closing in late 2025. Marketing is ongoing.

7/11/2025 The loan transferred to Special Servicing effective 1/30/2024 for monetary and non-monetary default. The subject is a 21-unit multifamily property located in Detroit, MI built in 1966. A February 2025 inspection found the property to be in good overall condition with minor deferred maintenance identified. Occupancy as of April 2025 is 90%. The Borrower is working to sell the property and payoff the loan. The special servicer continues to reserve rights and remedies under the

Subject collateral consists of a 101,430 SF office/industrial property located in Cape Coral, FL, built in 2006. The loan has returned to master from special servicing effective 5/20/25. Additionally, loan is being monitored for delinquent insurance.