Wells Fargo Bank, National Association - Special Servicer

The Loan transferred to Special Servicing 11/5/24 due to payment default. Borrower did not execute PNL. Notice of Default sent 1/7/25. Special Servicing has accelerated the loan and engaged outside counsel to enforce legal remedies.

The loan transferred to Special Servicing on 2/27/2025 due to imminent monetary default. Borrower signed PNL 3/28/25. Special Servicer has engaged counsel and is evaluating its rights and remedies under the loan documents. Loan has

The Loan transferred to the Special Servicer on 5/19/2023 due to Imminent Monetary Default. Cash Management was triggered and Borrower has not been cooperative with implementation. A notice of default was sent. A receivership order was granted by the co urt in 10/2024 and the receiver is operating the property. Special Servicer is pursuing foreclosure.

The Loan has recently transferred due to Imminent Monetary Default. Upon transfer to Special Servicing the Borrower informed the Lender it is no longer willing to contribute additional capital to the Property and wishes to transition the Property to the L ender. A PNL has been executed and Special Servicer has engaged legal counsel. On July 25, 2023 CBRE was appointed as receiver. On November 20, 2023, the Court approved the Lender's motion for order of default, judgment of foreclosure and sale. A foreclo sure sale took place Jan 19, 2024 and on Feb 22, 2024 the court approved the sale. Evaluating sales timing with current leasing activity. 2025 sale anticipated. Interviewing sales brokers.

The transferred to Special Servicing due to non compliance with insurance requirements. Special Servicer is reaching out to the Borrower and evaluating the Loan. Borrower has not signed the PNL. Special Servicer has engaged counsel. Special Servicer is p ending receipt of requested due diligence items. Continuing to correspond strictly through counsel as Borrower refuses to sign PNL to begin discussions. Engaged in ongoing efforts regarding required insurance

Loan transferred SS on 5/18/23 for imminent default due to cash flow issues. Borrower has stopped funding shortfalls. Lender filed foreclosure and will continue to discuss alternatives with Borrower.

Due to drop in occupancy cash flow has declined and is not significant to cover debt service and operating expenses. The Borrower has indicated they do not have funds to carry the property, so willing to cooperate with the lender to take back

Loan transferred to the Special Servicer on 9/13/2024 for Imminent Default due to cash flow issues. Collateral consists of Park Square, a 503,312 SF office building located in the Back Bay neighborhood of Boston, MA, originally constructed in 1923 and subsequently renovated between 2014-2016. WeWork, which represented 27% of the GLA (137K SF), terminated its lease. Lender was also notified that Borrower will cease to fund any shortfalls out of additional capital contributions by its equity owners. Lender is currently trapping all cash flow from the Property. A Notice of Default and Reservation of Rights has been sent. As of the 6/30/2024 YTD financials, the NOI/DSCR/Occ. at the property is $541K/ 0.12x/ 42%. The Special Servicer will gather additional information and simultaneously discuss workout strategies deemed appropriate to achieve the highest net present value recovery.

The loan transferred to special servicing in November 2020 due to borrower-declared imminent default as result of COVID-19 and subsequently went into payment default for the October 2020 payment. A receivership order was entered in February 2022 ap pointing GF Hotels as receiver. Marriott remains as manager of the property. Foreclosure sale took place on April 17, 2023, and lender was the winning bidder. The property became REO in August 2023. In Q1 2023 SS engaged in a process to sell the asset. Given the state of the financing environment and limited offers received, SS elected not to sell at that time. . The property continues to perform well compared to its comp set and the PIP items accounted for under the 2024/2025 approved CapEx plan are in process. T12 RevPAR was $107.02 which is a 2% increase over the previous year. The hotel is currently on the market with a sale expected in Q3 2025. A buyer has been chosen and a

Borrower working on supplying necessary materials for Guarantor Change/Equity Transfer.