Situs Holdings - Special Servicer

6/11/2025 - Loan transferred for Borrower declared Imminent Monetary Default due to COVID-19. A Reinstatement Agreement was executed in September 2022 and the loan was brought current. Special Servicer is monitoring performance under the Reinstatement Agreement and upcoming PIPs. As of May, 2025, discussions are ongoing with the Borrower on the status of each hotel and a receiver has been appointed over all 8 properties in the portfolio.

6/11/2025 - Loan transferred for Borrower declared Imminent Monetary Default due to COVID-19. A Reinstatement Agreement was executed in September 2022 and the loan was brought current. Special Servicer is monitoring performance under the Reinstatement Agreement and upcoming PIPs. As of May, 2025, discussions are ongoing with the Borrower on the status of each hotel and a receiver has been appointed over all 8 properties in the portfolio.

6/11/2025 - The Loan transferred for Imminent Monetary Default at Borrower’s request as a result of the COVID-19 pandemic. Special Servicer commenced foreclosure proceedings and a receiver was appointed in October 2023. The court has signed our stipulated judgment of foreclosure and sale and sent it to the county clerk to be entered. Special Servicer acquired title via foreclosure on 2/19/25. As of 5/31/25, Special Servicer continues to monitor leasing activity at the Property while formulating the business plan. Placeholder resolution date set for YE 2025 until business plan is finalized.

6/11/2025 - The Loan was transferred to Special Servicing on 9/7/2023, due to Imminent Monetary Default. The Borrower has executed the Pre-Negotiation letter. The Special Servicer has sent a Notice of Default related to the Borrower''s failure to make the August 2023 debt service payment. Lender has since accelerated the debt and has received approval to commence foreclosure proceedings. Receiver was appointed at the Property on 2/27/2025.

6/11/2025 - The Loan has transferred to Special Servicing on 2/5/2025. Special Servicer has sent out a PNL and requested due diligence items. Borrower has signed PNL and submitted due diligence. Lender is duel tracking this loan

6/11/2025 - The Loan has transferred to Special Servicing on 2/5/2025. Special Servicer has sent out a PNL and requested due diligence items. Borrower has signed PNL and submitted due diligence. Lender is duel tracking this loan

6/11/2025 - Loan transferred for Borrower declared Imminent Monetary Default due to COVID-19. A Reinstatement Agreement was executed in September 2022 and the loan was brought current. Special Servicer is monitoring performance under the Reinstatement Agreement and upcoming PIPs. As of May, 2025, discussions are ongoing with the Borrower on the status of each hotel and a receiver has been appointed over all 8 properties in the portfolio.

6/11/2025 - Loan transferred for Borrower declared Imminent Monetary Default due to COVID-19. A Reinstatement Agreement was executed in September 2022 and the loan was brought current. Special Servicer is monitoring performance under the Reinstatement Agreement and upcoming PIPs. As of May, 2025, discussions are ongoing with the Borrower on the status of each hotel and a receiver has been appointed over all 8 properties in the portfolio.

6/11/2025 - Loan transferred for Borrower declared Imminent Monetary Default due to COVID-19. A Reinstatement Agreement was executed in September 2022 and the loan was brought current. Special Servicer is monitoring performance under the Reinstatement Agreement and upcoming PIPs. As of May, 2025, discussions are ongoing with the Borrower on the status of each hotel and a receiver has been appointed over all 8 properties in the portfolio.

6/11/2025 - Loan transferred for Borrower declared Imminent Monetary Default due to COVID-19. A Reinstatement Agreement was executed in September 2022 and the loan was brought current. Special Servicer is monitoring performance under the Reinstatement Agreement and upcoming PIPs. As of May, 2025, discussions are ongoing with the Borrower on the status of each hotel and a receiver has been appointed over all 8 properties in the portfolio.