CSAIL 2016-C6 - Charts and Resources

6/11/2025 The loan transferred to special servicing effective 4/10/2024 due to monetary default. The loan has become more than 60 days delinquent and is currently due for the february debt service payment. The loan is collateralized by five office buil dings located in the Laurel Corporate Center office park and one office building located at Bishops Gates Corporate Center (Portfolio). As of 12/31/2023, the Portfolio was 85.46% occupied with a NCF DSCR of 2.40x. The Borrower indicated to the Master Serv icer that the Portfolio has a number of leases expiring in the near term. They noted that significant capital will be required to re-let the vacant spaces and given the current dislocation in the office market, there is very In light of the ongoing Loan defaults, Special Servicer has commenced enforcement action against the Borrower by filing a complaint and a motion for appointment of a receiver in NJ Federal court. The Borrower has agreed to consent to the receiver apppointment, in exchange for a 60 day extension request to answer the complaint. The receiver order was enetered into by the judge on 3/25/2025, and Trigild has taken over as court appointed receiver. Receiver iss in the proce ss of

6/11/2025 Lofton Place Apartments is a garden-style apartment complex located in Fort Worth, Texas, approximately 10 miles east of downtown Fort Worth. The Property, built in 1984 and renovated in 2015, is comprised of 21 buildings with 258 individual apartment units. Occupancy as of YE2024 is 50.39%. 2024 DSCR (NOI / NCF) is 0.43x / 0.36x. Argos Capital Partners, the limited partner, has reached out to the master servicer indicating that the Property would benefit from a material capital investment an d that they would like to discuss making that investment in exchange for approval of a new property manager (currently managed by Cohen-Esrey), approval of a new control party and a loan extension. The loan is cash managed and there were insufficient fund s in the CMA to make the January 2025 debt service payment, and the Borrower failed to fund the shortfall. As such, the loan is now 60+ days delinquent. For the various reasons stated above, the loan officially transferred to special servicing on 3/20/202 5. TLS has engaged counsel and will initiate contact with the Borrower and engage on a PNA.