💬 Servicer Commentary
2026-06-30
300 North Greene
William Z. Hertz
Prospectus ID: 6
6/11/2026 - The Trust took title December 2, 2021. The REO property has 325,184 sf GLA and the occupancy is currently 72%. The Servicer will hold the asset to pursue leasing and execute on key renews of existing tenants in order to stabilize occup ancy while evaluating exit timing. A total of 74,398 SF of leasing has been achieved since the Trust took title to the REO property. A project to deliver 16,600 RSF (full floor) of spec suites was completed in August 2025. As of December 2025, the leasing responsibilities for the REO property have transitioned to a new leasing team at CBRE Triad.
💬 Servicer Commentary
2026-06-30
Fairfield Inn Atlanta Buckhead
Driftwood Acquisition & Development L.P.
Prospectus ID: 26
6/11/2026 - Asset transferred to special servicing 1/22/26 due to Imminent Monetary Default. The Loan is currently payment current and cash managed. SS is actively discussing the modification terms with the Borrower to agree to some form of A/B not e split modification, which is expected to be finalized in the near term.
💬 Servicer Commentary
2026-06-30
Fairfield Inn Perimeter Center
Driftwood Acquisition & Development L.P.
Prospectus ID: 23
6/11/2026 - Asset transferred to special servicing 1/22/26 due to Imminent Monetary Default. The Loan is currently payment current and cash managed. SS is actively discussing the modification terms with the Borrower to agree to some form of A/B not e split modification, which is expected to be finalized in the near term.
💬 Servicer Commentary
2026-04-29
Mama Shelter La
GEM Realty Evergreen Fund PF-NM L.P.
Prospectus ID: 22
3/11/2026 - Loan transferred to special servicing effective 12/20/24, due to Monetary Default. The receiver was appointed in March after Borrower consented to the arrangement. With Lender''s approval, receiver entered into an agreement with a broke r to list the asset for sale. In August, the broker received a strong offer from a prospective buyer. Receiver and buyer have executed a purchase and sale agreement, based on terms approved by lender. The due diligence period has
💬 Servicer Commentary
2025-07-01
Prospectus ID: 5A2
6/11/2025- Borrower has brought the insurance into full compliance with the loan documents. Subsequently, Lender and Borrower entered into a loan modification and forbearance agreement, effective 12/31/24. Key terms of the Agreement are as follows: (i) Th e loan will no longer be required to be in cash management, (ii) at closing Borrower paid all amounts to bring the loan current including a portion of default interest, (iii) Borrower made a partial principal prepayment in exchange for the Lender providin g a release of the 656-660 E Fordham portion of the collateral, and (iv) Lender conditionally waived the remaining default interest amount which will become due if the Borrower breaches the forbearance agreement based on (a) failure to make a required pay ment, other than the balloon payment due at maturity; or (b) an act or omission that triggers recourse liability. Loan transferred to special servicing effective 8/30/24, due to Payment Default, as a result of forced place insurance coverage and borrower’ s refusal to remit the higher insurance premium to lender. The Loan remains payment current and the SS is coordinating with the MS to return the loan.
💬 Servicer Commentary
2025-07-01
Prospectus ID: 5A1
6/11/2025- Borrower has brought the insurance into full compliance with the loan documents. Subsequently, Lender and Borrower entered into a loan modification and forbearance agreement, effective 12/31/24. Key terms of the Agreement are as follows: (i) Th e loan will no longer be required to be in cash management, (ii) at closing Borrower paid all amounts to bring the loan current including a portion of default interest, (iii) Borrower made a partial principal prepayment in exchange for the Lender providing a release of the 656-660 E Fordham portion of the collateral, and (iv) Lender conditionally waived the remaining default interest amount which will become due if the Borrower breaches the forbearance agreement based on (a) failure to make a required pay ment, other than the balloon payment due at maturity; or (b) an act or omission that triggers recourse liability. Loan transferred to special servicing effective 8/30/24, due to Payment Default, as a result of forced place insurance coverage and borrower’ s refusal to remit the higher insurance premium to lender. The Loan remains payment current and the SS is coordinating with the MS to return the loan.
