DBJPM 2016-C3

3/4/26: Loan transferred to Special Servicing on 2/10/26 due to imminent maturity default after the borrower informed the Master Servicer of its inability to payoff the loan on the 7/1/26 maturity date. The loan is secured by a 64,554 sf office building i n San Francisco, CA. The largest tenant is Swinerton that occupies 34,952 sf who plans to vacate upon its 9/30/26 lease expiration which will decrease occupancy to 11%. The borrower reports to be working on several new lease opportunities and plans to pro pose terms for a loan modification to allow time to re-tenant the building.

11/04/2025 - The Mortgaged Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square Market in San Francisco, CA. Lender filed a foreclosure action on 9/28/2023, and a receiver was appointed on 10/16/2023. Lender is working with the Receiver, the City of SF, BART, and the Union Square Alliance to address life/safety issues at the Property and in the neighborhood. Management and Leasing is being handled by JLL who''s working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property have exercised co-tenancy lease termination rights and physical occupancy is 7%. Lender is finishing DD including negotiations with the ground lessor to address claims of a ground lease default. Fore closure is scheduled for 11/12/2025 Upon foreclosure, Lender will immediately market for disposition.

11/04/2025 - The Mortgaged Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square Market in San Francisco, CA. Lender filed a foreclosure action on 9/28/2023, and a receiver was appointed on 10/16/2023. Lender is working with the Receiver, the City of SF, BART, and the Union Square Alliance to address life/safety issues at the Property and in the neighborhood. Management and Leasing is being handled by JLL who''s working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property have exercised co-tenancy lease termination rights and physical occupancy is 7%. Lender is finishing DD including negotiations with the ground lessor to address claims of a ground lease default. Fore closure is scheduled for 11/12/2025 Upon foreclosure, Lender will immediately market for disposition.

11/04/2025 - The Mortgaged Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square Market in San Francisco, CA. Lender filed a foreclosure action on 9/28/2023, and a receiver was appointed on 10/16/2023. Lender is working with the Receiver, the City of SF, BART, and the Union Square Alliance to address life/safety issues at the Property and in the neighborhood. Management and Leasing is being handled by JLL who''s working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property have exercised co-tenancy lease termination rights and physical occupancy is 7%. Lender is finishing DD including negotiations with the ground lessor to address claims of a ground lease default. Fore closure is scheduled for 11/12/2025 Upon foreclosure, Lender will immediately market for disposition.

11/04/2025 - The Mortgaged Property is a portion of a super regional mall and office property consisting of approximately 1.510 million square feet in two (2) nine-story buildings connected on floors 1-5 and two floors below grade, in the Union Square Market in San Francisco, CA. Lender filed a foreclosure action on 9/28/2023, and a receiver was appointed on 10/16/2023. Lender is working with the Receiver, the City of SF, BART, and the Union Square Alliance to address life/safety issues at the Property and in the neighborhood. Management and Leasing is being handled by JLL who''s working with the Receiver to stabilize the property. Major lease negotiations to backfill Nordstroms and Century theatre were active until Bloomingdales (non-owned anchor) closed on April 13, 2025. Most tenants at the Property have exercised co-tenancy lease termination rights and physical occupancy is 7%. Lender is finishing DD including negotiations with the ground lessor to address claims of a ground lease default. Fore closure is scheduled for 11/12/2025 Upon foreclosure, Lender will immediately market for disposition.