Trimont Real Estate Advisors - Special Servicer

The Loan transferred on 12/17/2020 due to payment default stemming from the COVID-19 pandemic. Lender has performed a books and records inspection and is pursuing a foreclosure strategy. Receivership hearing occurred on 11/22/2022 and the order appointing a receiver was entered by court on 1/25/2023. Borrower filed a notice of appeal regarding the receivership order. Special Servicer filed a pre-motion conference request to obtain leave to file for summary judgment. Motion for summary judgment has been fi led and fully briefed. On May 25, 2023, lender's motion for summary judgment was granted. Proposed computation of amounts due was fully briefed. Special Servicer awaits for court's adjudication and

The Loan was transferred to the Special Servicer on 11/26/24 due to Delinquent Payments. The Loan is currently due for 9/6/2024 payment. The collateral is a 4-story, 65,242 SF Class A mixed use building located in Coral Gables, FL. The Property is comprised of 14 ground floor retail suites totaling 39,585 SF, 7 office suites totaling 25,567 SF and a 615-space parking garage. The Property is 80.5% occupied per 12/01/24 rent roll and reported an annualized YTD 9-2024 NOI/DSCR of $1.96MM/1.15x. The Borrower provided a fully executed PSA with a third-party buyer for a potential sale of the Property with a tentative closing date of mid April. The Lender will continue discussions with the Borrower while dual

The Loan was transferred to the Special Servicer on 1/21/2025 due to Delinquent Payments. The Loan is next due for 11/6/2024 payment. The collateral consists of a portfolio of three, Class B, suburban office buildings totaling 128,563 SF, located in Lake Worth, West Palm Beach and Stuart (the 'Property'). As of 01/2025, the Property reported 79.8% occupancy and a YE 2024 NOI/DSCR of $2.9MM/2.75x. The Borrower is working with a third-party buyer on a potential sale of the Property and is in the process of finalizing the PSA negotiations. Lender will continue discussions with the Borrower while simultaneously reserving all rights under the Loan Documents.

The loan transferred to Special Servicing effective 9/10/2024 for imminent non monetary default. The subject is a 1,156,393 SF suburban office complex comprised of five office buildings located in Westchester, IL, built in 1986 and renovated in 2016. As of March 2025, the subject is 57.8% leased, down from 64.9% leased in February 2025. This is compared to YE 2023 and YE 2022 leased occupancies of 67.1% and 71.3%, respectively. The decrease in occupancy from February to March is due to the Property's largest tenant signing an amendment to reduce their footprint by nearly 65%, while extending the term on their remaining premises by 7.5 years. A site inspection was completed in November and noted the Property is in good condition with no observed defer red maintenance. One of three pari passu loans. Discussions with the Borrower regarding a potential loan modification are ongoing.

Borrower filed chapter 11 bankruptcy on 6/26/24 and the case is ongoing. Borrower and Lender continue to negotiate potential settlement terms.

Loan transferred to special servicing following the appointment of an equity receiver on 8/6/2024 as a result of an ongoing partnership dispute. Special servicer's counsel is engaged in discussions with the receiver with respect to a resolution and has pr ovided a demand notice with respect to implementation of cash management requirements.

The Loan transferred to the Special Servicer (SS) on 02/04/2025 due to sole tenant filing for BK. The collateral consists of a freestanding retail property totaling 14,450 SF, formerly occupied by Rite Aid. The Property is located in Long Beach, CA , 25mi outside of downtown Los Angeles. Subsequent to Rite Aid filing for bankruptcy, the Tenant closed operations at the subject Property on 12/31/23 and ceased rent payments that same day. Since the Tenant vacated, the Borrower has kept the Loan current until Feb 2025. The Property is now vacant and the Loan is past due for the February 2025 payment. The Borrower has listed the Property for sale. The Lender will continue discussions with the Borrower while simultaneously

The Loan was transferred to the Special Servicer on 8/1/2024 for Imminent Default as the Borrower notified the Lender they would be unable to service the Debt Service due to tenancy issues. The Loan is current on payments. The collateral consists of a 36-story, 325,510 SF, Class A, multi-tenant office tower built/renovated in 1928/2014, and located in Brooklyn, New York ('Property'). The largest tenant, City University of New York ('CUNY') (47,162 SF, 15% NRA, 18% PGI), is set to vacate at the end of the 8/31/24 LXP, and a Cash Sweep is now fully implemented. The Borrower is seeking a Loan Modification. The Lender will continue to gather information from the Borrower while reserving all rights under the Loan

This Loan transferred to the Special Servicer for Delinquent Payments as the Loan is due for the 2/1/2024 payment. Collateral consists of two MHC communities located 1/2 mile apart in Plattsburgh, New York. The Property has 107 pads which were built in 1970. Scott Tross from Herrick has been assigned as Local Counsel. Borrower wishes to return the Property to Lender. Lender has begun the foreclosure process and filed on 8/27/2024. A stipulated foreclosure complaint was filed

The Property was originally 100% occupied by Rite Aid with a 20-year lease at a base rent of $35.72/SF through 1/31/2028. Rite Aid filed for Bankruptcy on 10/15/2023 and the subject Lease was assumed and amended pursuant to the BK plan at a reduced base rent of $28.57/SF through 12/31/2033 (approved by LNR 4/1/2024). As part of the amendment, Borrower also agreed to a 50% abatement of base rent for four (4) months beginning on the effective date of the confirmed Chapter 11 reorganization plan. Hard lockbox is in place. Since 10/6/2024 no payments have been remitted to the CMA account and the loan is 90+ days delinquent.