UBSCM 2017-C6 - Charts and Resources

3.6.2025: Lease discussions with prospective investment grade tenant, has shifted from a lease to asset purchase and sale negotiations, which remain ongoing. A Lender stay from further enforcement actions are being contemplated to allow runway to consumma te the sale. Likely outcome is the lender providing a short-term forbearance to borrower to complete the sale, contingent upon certain terms and conditions borrower must comply with. The subject loan in the original amount of $54.0MM, originating in June -2014, is secured via lender's 1st lien position in a single-tenant, class-A office building located in Lanham, Maryland. Historically this property served as the world headquarters for tenant, 2U. However, 2U filed Bankruptcy (BK) on 7.25.2024 and subseq uently filed a Surrender Notice, giving back their entire footprint at the property and terminated their lease agreement with the borrower on 8.8.2024. In response to 2U's Surrender actions, the borrower has filed Proof of Claim with the tenant's BK court , with claims seeking maximum recovery up to statutory limits against the Tenant (2U) and Guarantor. In response 2U filed objections to the Borrower's Proof of Claim filings and the Borrower is in process of filing responses to those tenant objections. Borrower recently advised special servicer of a prospective new lease, with an investment rated new tenant, interested in occupying 100% of the collateral property by mid-2025 and is

Special servicing transferred from LNR to ASC effective 9/16/24. The receiver was appointed in February 2024 and continues to operate and lease the property. SS visited the asset in October 2024.At ASC's direction, counsel filed a motion for judgement of foreclosure and sale. The motion was approved by the court in February 2025, however, the judge has requested additional details on the judgement amount. A subsequent hearing has been scheduled for April 2025. SS is

The Loan transferred to Special Servicing on 11/27/2023. Borrower has listed the property for sale and is evaluating a payoff/DPO option. Payoff numbers have been provided to the borrower. SS has reached out for an update on the sale process. Borrower pro vided the higher and best offer received. SS continues to evaluate the loan and its collateral.

Loan transferred for non monetary default as borrower has been unwilling to comply with cash management. Pre-negotiation letter was signed. Settlement agreement signed but Loan retransferred for payment default. As of the October and November 2024 paymen ts, the loan is now payment current. Loan still in non-monetary default for other matters. Counsel has sent borrower a default letter regarding those non-monetary defaults. Borrower is non-responsive but is keeping the loan current. Special Servicer i s evaluating the appropriate next steps. We cannot Return to Master Servicer without current bfinancials, which borrower refuses to provide.As of February 2025, loan continues to be payment current.