Torchlight Loan Services - Special Servicer

12/10/2025- 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 Station, 1100 First Street is a 2009-build, 349K sf located 2 blocks N of 820 NE First St. As of 6/30/25 each building is 64% occupied. The Loan is under cash management and all excess cash is being trapped. The receivership petition, including affidavit from B orrower supporting the appointment, was filed on 11/19 and Borrower''s counsel acknowledged receipt on 11/20. Local counsel following up with the court to push for the entry of the order.

6/11/2026 - Torchlight Loan Services was appointed successor Special Servicer effective 4/2/26. The loan transferred to Special Servicing effective 8/9/2024 for payment default. The collateral is a 151-unit multifamily property located in south Philadelph ia, PA, constructed in 1920 and renovated in 2020. A site inspection was performed in October 2025 and found the property to be in very good condition. As of Q2 2024 the property was 92% occupied, which increased to 97% in YE 2024 reporting. The loan has been brought current and reinstated following a preferred equity investment in Q1 2025. New defaults occurred post-reinstatement and default notices have been issued. Successor special servicer is in discussions with the Borrower and determining next step s. Lender exercised remedies to replace the property manager.

6/10/2026 - 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 Station, 1100 First Street is a 2009-build, 349K sf located 2 blocks N of 820 NE First St. As of03/31/2026 combined occupancy is 60%, annualized NOI $9.89MM and DSCR 1.51x The Court appointed Tom Dwyer of Transwestern as Receiver on 12/4. He has engaged the existing third party management and leasing teams (CBRE (820 1st) and JLL (1100 1st). Roof replacement at 820 1st. has been completed. Receiver continues to address various other capex needs at the property. Leasing agents continue to respond to RFPs, h owever no strong leads at this time.

6/11/2026 The Loan transferred to SS on 8/9/2023 for imminent default due to cash flow issues. The collateral consists of a 279K SF anchored retail strip center located in Indianapolis, IN built from 1983 to 1985, and renovated in 2005. The center sits on a 30.35-acre site and is adjacent to Castleton Square Mall. The top three tenants include Floor and Decor (72K SF/25% NRA), Dave & Buster's (35K SF/12.5% NRA), and REI (11.9K SF/4% NRA). Foreclosure has been filed and a receiver has been appointe d. Reciever is addressing capex and leasing matters. Lender will dual track foreclosure while evaluating alternative workout options, which includes a receivership sale and assumption.

6/15/2026 Loan transferred on 1/17/25 for Imminent Default due to cash flow issues. Collateral consists of a single-story office development (""Property"") located in Fresno, CA. Built in 1975 and renovated in 2018, Property consists of 71,407 NRS F across three buildings occupied by two State of California agencies: 1) California Department of Justice (35,400 SF); 2) California State Water Resources Control Board (20,783 SF). Loan is due for the 8/6/25 payment. Notice of Default was sent on 2/10/2 5. Local counsel was retained to file for foreclosure and receivership. Receiver (Dana Butcher Associates) was appointed on 4/24/25. Notice of Default was recorded on 7/23/25. The foreclosure process has been delayed due to ongoing litigation involving th e guarantor and a judgment creditor. The foreclosure sale has been rescheduled to 6/23/26. Lender is planning to take title at the upcoming foreclosure sale.

Marriott Rochester Airport is secured by a 210-room, seven-story full-service lodge / hotel located in Rochester, New York. Property was developed in 1979 and underwent a comprehensive renovation in 2014, including full upgrades to guestrooms and public areas. The Loan initially defaulted with the December 2025 payment, which was remitted several weeks late and included a shortfall. The Borrower subsequently failed to make the January, February, and March 2026 debt service payments. The Loan transferred to special servicing on 2/19/2026. Special Servicer has engaged counsel and will initiate contact with the Borrower and engage on a PNA.

6/8/2026 - Loan is secured by 9 single-tenant retail properties fully occupied by Walgreens located across Indiana, Tennessee and Missouri. Loan is currently in a Cash Sweep Event due to an ARD Trigger Event. The Cash Sweep Event will not cure as the Borr ower does not have the right to cure any Cash Sweep Event caused by an ARD Trigger Event. Loan transferred to SS effective 3/10/26 due to non-monetary default. Special Servicer has engaged counsel and will initiate contact

6/8/2026 - Loan is secured by 8 single-tenant retail properties fully occupied by Walgreens. Properties are located in 4 states across the Midwest and South and are all stand-alone retail buildings with Parking. Loan is currently in a Cash Sweep Event due to an ARD Trigger Event. The Cash Sweep Event will not cure as the Borrower does not have the right to cure any Cash Sweep Event caused by an ARD Trigger Event. Loan transferred to SS effective 3/10/26 due to non-monetary default related to unpermitted t ransfers of interests and lack of lender notice related to condemnations and easements. Special Servicer has engaged counsel and will initiate contact with the Borrower and engage on a PNA.

" 1/12/2026 1/02/2026: Loan transferred to Special Servicing on 12/01/22. The collateral consists of a portfolio of seven industrial and office properties totaling 640,983 SF class A & B assets located in Bloomfield, New Providence, and Piscataway, NJ. All properties are well occupied at 98%+. Loan transferred for non-monetary defaults. Lender is pursuing legal remedies against Borrower as well as seeking approval for a Discounted pay off that has been negotiated with the

10/14/2025 - The loan transferred to Special Servicing effective 12/30/2024 for payment default. The portfolio consists of two retail properties; a 15,120 SF property located in West Palm Beach, FL and was built in 1999 and a 13,905 SF property located in Carol Stream, IL and was built in 1998. Walgreens'' credit rating was downgraded two notches by Moody''s in December 2023 from Baa3 to Ba2, triggering cash management. Consequently, the borrower was required to start making monthly contributions to TI/LC reserves, tax, and insurance escrows. The credit downgrade also invalidated Walgreens'' existing insurance coverage, requiring the borrower to self-insure. However, the borrower hasn''t provided the necessary proof of insurance to meet the loan agreement ''s standards. This resulted in the servicer securing forced-place insurance which still remains in place. The borrower has the property under contract for sale with a close date in October 2025. The proceeds from the sale are expected to result in a full payoff of the loan. The borrower is also working to bring the loan current. A reinstatement agreement is currently being negotiated and would be concurrently signed at the time of closing.