💬 Servicer Commentary
2026-06-30
Prospectus ID: 1A2
6/11/2026 - Aspen Lake Office Portfolio consists of three separate buildings: Tower of the Hills, Tower Point, and Aspen Lake One totaling 381,588 SF. The Loan transferred to Special Servicing on 2/5/2025 due to imminent monetary default. Subsequen tly, the properties were foreclosed on August 5, 2025. Aspen Lake, Tower of The Hills and Tower Pointe are currently 18.94%, 65.42% 25.55% occupied respectively. Special Servicer is in active negotiations with new tenants and continues to focus on stabili zing the assets. Special Servicer will determine best timing to dispose of the assets.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 3A3
6/11/2026 - In May 2026, Special Servicer received approval for the Receiver Sale of 7/8 properties through CREXI and to pursue the Guarantor for the deficiency in the event a settlement cannot be reached.Special Servicer is now seeking approval to amend the previously approved Receiver Sale memorandum due to one hotel falling out of contract; Special Servicer is engaging with other bidders.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 21A3
06/08/26: Loan transferred to Special Servicing on 12/19/25 due to imminent monetary default. The loan is a $62.5MM fixed-rate loan secured by a 361,454 sf suburban office park in Florham Park, NJ. Borrower advised that the DSCR has dropped belo w 1.00x due to the recent loss of a 25,000 sf tenant and that they are not in a position to fund operating expense shortfalls going forward. Workout proposal has been received which is under review.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 21A4
06/08/26: Loan transferred to Special Servicing on 12/19/25 due to imminent monetary default. The loan is a $62.5MM fixed-rate loan secured by a 361,454 sf suburban office park in Florham Park, NJ. Borrower advised that the DSCR has dropped belo w 1.00x due to the recent loss of a 25,000 sf tenant and that they are not in a position to fund operating expense shortfalls going forward. Workout proposal has been received which is under review.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 3A4
6/11/2026 - In May 2026, Special Servicer received approval for the Receiver Sale of 7/8 properties through CREXI and to pursue the Guarantor for the deficiency in the event a settlement cannot be reached.Special Servicer is now seeking approval to am end the previously approved Receiver Sale memorandum due to one hotel falling out of contract; Special Servicer is engaging with other bidders.
💬 Servicer Commentary
2026-06-30
Radisson Oakland
Nupenbhai D. Patel
Prospectus ID: 8
6/11/2026 - Special Servicer has received approval to proceed with a receiver sale for a gross sale price of $15,500,000, with an anticipated closing date in Q3 2026. Proceeding with court approval for the receiver sale. Special Servicer has
💬 Servicer Commentary
2026-06-30
Prospectus ID: 3A6
6/11/2026 - In May 2026, Special Servicer received approval for the Receiver Sale of 7/8 properties through CREXI and to pursue the Guarantor for the deficiency in the event a settlement cannot be reached.Special Servicer is now seeking approval to amend the previously approved Receiver Sale memorandum due to one hotel falling out of contract; Special Servicer is engaging with other bidders.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 3A1
6/11/2026 - In May 2026, Special Servicer received approval for the Receiver Sale of 7/8 properties through CREXI and to pursue the Guarantor for the deficiency in the event a settlement cannot be reached.Special Servicer is now seeking approval to amend the previously approved Receiver Sale memorandum due to one hotel falling out of contract; Special Servicer is engaging with other bidders.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 1A1
6/11/2026 - Aspen Lake Office Portfolio consists of three separate buildings: Tower of the Hills, Tower Point, and Aspen Lake One totaling 381,588 SF. The Loan transferred to Special Servicing on 2/5/2025 due to imminent monetary default. Subsequen tly, the properties were foreclosed on August 5, 2025. Aspen Lake, Tower of The Hills and Tower Pointe are currently 18.94%, 65.42% 25.55% occupied respectively. Special Servicer is in active negotiations with new tenants and continues to focus on stabili zing the assets. Special Servicer will determine best timing to dispose of the assets.
💬 Servicer Commentary
2026-06-30
22 W 38th Street
Mark Goldberg
Prospectus ID: 7
6/11/2026 - Special Servicer acquired title via foreclosure on 2/19/25. A short term lease extension was executed with a tenant as of 12/31/2025. As of 5/29/26, the Special Servicer continues to actively market the property for lease. As of the 5/1 4/26 rent roll, the Property is 40.06% occupied to 5 tenants. Resolution is projected in Q4 2026.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 3A5
6/11/2026 - In May 2026, Special Servicer received approval for the Receiver Sale of 7/8 properties through CREXI and to pursue the Guarantor for the deficiency in the event a settlement cannot be reached.Special Servicer is now seeking approval to amend the previously approved Receiver Sale memorandum due to one hotel falling out of contract; Special Servicer is engaging with other bidders.
💬 Servicer Commentary
2026-06-30
Prospectus ID: 3A2
6/11/2026 - In May 2026, Special Servicer received approval for the Receiver Sale of 7/8 properties through CREXI and to pursue the Guarantor for the deficiency in the event a settlement cannot be reached.Special Servicer is now seeking approval to amend the previously approved Receiver Sale memorandum due to one hotel falling out of contract; Special Servicer is engaging with other bidders.
💬 Servicer Commentary
2026-06-30
The Img Building
James Breen
Prospectus ID: 22
6/11/2026 - Lender foreclosed in May-24, sale confirmed in Oct-24 and the property became REO in Jan-25 upon recordation of the Sheriff''s Deed. Colliers engaged for property management and CBRE engaged for leasing. Special Servicer is still in the process of targeting new leasing and renewals. A 2026 year end disposition is still projected.