BMO 2024-5C4 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or BMO Capital Markets Corp., any other underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-864-7760 (8 a.m. – 5 p.m. EST).

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of BMO Capital Markets Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Wells Fargo Securities, LLC, UBS Securities, LLC, Academy Securities, Inc., Bancroft Capital, LLC, Drexel Hamilton, LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Zip Code	General Property Type	Detailed Property Type	Year Built	Year Renovated	Number of Units	Unit of Measure	Loan Per Unit ($)	Original Balance ($)	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %	Administrative Fee Rate %	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)
						2	2			3			6, 7	6, 7	6, 7		8		9	9
1	Loan	1, 4, 7, 12, 16, 18, 20, 27, 28, 33	1	620 W 153rd Street	10031	Multifamily	High Rise	2023	NAP	238	Units	491,596.64	70,000,000	70,000,000	70,000,000	6.13000%	0.015270%	6.11473%	NAP	362,549.77
2	Loan	1, 4, 5, 6, 7, 10, 12, 16, 18, 19, 23, 27, 28	20	GNL Industrial Portfolio	Various	Various	Various	Various	Various	3,908,306	SF	60.64	70,000,000	70,000,000	70,000,000	5.74400%	0.015270%	5.72873%	NAP	339,720.37
2.01	Property		1	FCA USA - Detroit, MI	48211	Industrial	Warehouse/Distribution	2015	2017, 2020	997,022	SF		20,821,451	20,821,451	20,821,451
2.02	Property		1	Grupo Antolin - Shelby Township, MI	48316	Industrial	Manufacturing	2017	NAP	359,807	SF		8,207,692	8,207,692	8,207,692
2.03	Property		1	Follett School - McHenry, IL	60050	Industrial	Warehouse/Distribution	1996	2002	486,868	SF		5,980,799	5,980,799	5,980,799
2.04	Property		1	Shaw Aero - Naples, FL	34117	Industrial	Manufacturing/Flex	1999	NAP	130,581	SF		3,419,872	3,419,872	3,419,872
2.05	Property		1	Kuka - Sterling Heights, MI	48312	Industrial	Warehouse/Distribution	2006	NAP	200,000	SF		3,173,323	3,173,323	3,173,323
2.06	Property		1	ZF Active Safety - Findlay, OH	45840	Industrial	Manufacturing/Warehouse	2018	NAP	216,300	SF		3,093,791	3,093,791	3,093,791
2.07	Property		1	CF Sauer - 184 Suburban	93401	Industrial	Manufacturing	1998	NAP	106,066	SF		2,863,148	2,863,148	2,863,148
2.08	Property		1	CF Sauer - 728 N Main St.	29662	Industrial	Warehouse/Distribution	1970	NAP	247,000	SF		2,847,242	2,847,242	2,847,242
2.09	Property		1	Walgreens Boot Alliance - Pittsburgh, PA	15275	Industrial	Distribution/Flex	2015	2024	85,646	SF		2,552,974	2,552,974	2,552,974
2.10	Property		1	Hannibal - Houston, TX	77092	Industrial	Manufacturing/Distribution	1978	2016	109,000	SF		2,529,114	2,529,114	2,529,114
2.11	Property		1	FedEx IV - Lexington, KY	40511	Industrial	Warehouse/Distribution	2006	2012	138,487	SF		2,338,238	2,338,238	2,338,238
2.12	Property		1	VersaFlex - Kansas City, KS	66105	Industrial	Manufacturing	1977	1990	113,000	SF		2,139,408	2,139,408	2,139,408
2.13	Property		1	Cott Beverage Inc - Sikeston, MO	63801	Industrial	Warehouse/Distribution	2016	NAP	170,000	SF		1,892,859	1,892,859	1,892,859
2.14	Property		1	Dunlop Protective Footwear - Havre De Grace, MD	21078	Industrial	Warehouse/Distribution	2002	NAP	120,000	SF		1,797,421	1,797,421	1,797,421
2.15	Property		1	CSTK - St. Louis, MO	63147	Industrial	Warehouse	2015	NAP	56,029	SF		1,781,514	1,781,514	1,781,514
2.16	Property		1	CF Sauer - 39 S Park Dr.	29607	Industrial	Warehouse/Distribution	1982	NAP	152,000	SF		1,749,702	1,749,702	1,749,702
2.17	Property		1	AM Castle - Wichita, KS	67216	Industrial	Manufacturing	1976	NAP	127,600	SF		1,686,076	1,686,076	1,686,076
2.18	Property		1	CF Sauer - 9 Old Mill Road	29607	Industrial	Warehouse/Distribution	1960	2004	80,000	SF		922,570	922,570	922,570
2.19	Property		1	CF Sauer - 2447 Eunice Avenue	32808	Industrial	Warehouse/Distribution	1971	NAP	6,900	SF		123,274	123,274	123,274
2.20	Property		1	CF Sauer - 513 West Butler Road	29662	Office	Suburban	2000	2004	6,000	SF		79,532	79,532	79,532
3	Loan	2, 7, 10, 12, 20, 24, 31	1	28-40 West 23rd Street	10010	Mixed Use	Office/Retail	1911	1987	578,105	SF	268.12	50,000,000	50,000,000	50,000,000	6.07000%	0.015270%	6.05473%	NAP	256,429.40
4	Loan	1	1	Galleria at Sunset	89014	Retail	Super Regional Mall	1996	2014	441,712	SF	110.74	49,000,000	48,915,677	45,811,909	8.46000%	0.015270%	8.44473%	393,241.32	NAP
5	Loan	1, 6, 7, 16, 19, 23, 31, 32	4	Vero Office Portfolio	Various	Office	Suburban	Various	NAP	987,072	SF	109.41	43,000,000	43,000,000	43,000,000	7.36400%	0.015270%	7.34873%	NAP	267,541.62
5.01	Property		1	Imperial Center	27703	Office	Suburban	1984-2007	NAP	408,938	SF		14,333,333	14,333,333	14,333,333
5.02	Property		1	Parkway Avalon	30004	Office	Suburban	2000-2001	NAP	196,659	SF		11,546,296	11,546,296	11,546,296
5.03	Property		1	Apex 190	75075	Office	Suburban	2007	NAP	186,215	SF		9,555,556	9,555,556	9,555,556
5.04	Property		1	Fairview	22042	Office	Suburban	2008	NAP	195,260	SF		7,564,815	7,564,815	7,564,815
6	Loan	1, 7, 13, 16, 19, 26, 33	1	Coastline Apartments	32547	Multifamily	Garden	1989	2019	301	Units	159,468.44	38,000,000	38,000,000	38,000,000	5.75300%	0.015270%	5.73773%	NAP	184,708.59
7	Loan	13, 19	1	Sheraton Park City	84060	Hospitality	Full Service	1985	NAP	200	Rooms	165,000.00	33,000,000	33,000,000	33,000,000	7.64000%	0.015270%	7.62473%	NAP	213,018.06
8	Loan	23	1	McGaw Commerce Center	21045	Industrial	Flex	1974	NAP	281,053	SF	115.64	32,500,000	32,500,000	32,500,000	6.82300%	0.015270%	6.80773%	NAP	187,356.11
9	Loan	1, 5, 7, 19, 22	1	Kenwood Towne Centre	45236	Retail	Super Regional Mall	1958	1988, 2003, 2009, 2019-2023	1,033,141	SF	251.66	30,000,000	30,000,000	30,000,000	6.27100%	0.016520%	6.25448%	NAP	158,952.43
10	Loan	1, 7, 19, 24	1	Staten Island Mall	10314	Retail	Super Regional Mall	1972	1993, 2018	995,900	SF	200.82	30,000,000	30,000,000	30,000,000	7.53400%	0.015270%	7.51873%	NAP	190,965.97
11	Loan	13, 23, 31	1	Rialto I & II	78735	Office	Suburban	2002, 2006	NAP	155,483	SF	192.95	30,000,000	30,000,000	30,000,000	8.14300%	0.015270%	8.12773%	NAP	206,402.43
12	Loan	4, 7, 12, 13, 21, 23, 31	1	1812 North Moore	22209	Office	CBD	2013	NAP	543,697	SF	318.19	30,000,000	30,000,000	29,221,523	7.53000%	0.015270%	7.51473%	210,380.97	190,864.58
13	Loan	19	1	Homewood Suites San Diego Mission Valley Zoo	92108	Hospitality	Extended Stay	2016	NAP	118	Rooms	240,466.10	28,375,000	28,375,000	28,375,000	7.88600%	0.015270%	7.87073%	NAP	189,060.92
14	Loan	7, 16, 19	1	Respara	90049	Multifamily	Mid Rise	2022	NAP	54	Units	1,138,888.89	25,000,000	25,000,000	25,000,000	6.30000%	0.016520%	6.28348%	NAP	133,072.92
15	Loan	4, 19, 23	1	Point Plaza West	98501	Office	Suburban	1998, 2000	NAP	200,967	SF	121.33	24,400,000	24,383,106	23,329,605	7.84500%	0.035270%	7.80973%	176,409.12	NAP
16	Loan	2, 19	1	6 Columbus Hotel	10019	Mixed Use	Hospitality/Retail	1910	2007	88	Rooms	269,886.36	23,750,000	23,750,000	23,750,000	8.03000%	0.015270%	8.01473%	NAP	161,134.40
17	Loan	1, 7, 16, 19	1	Lexmark	40511	Industrial	Flex	1957	2002	1,449,072	SF	56.93	23,000,000	23,000,000	23,000,000	7.44000%	0.015270%	7.42473%	NAP	144,580.56
18	Loan	16, 27	1	352 Meeker Avenue	11211	Multifamily	Mid Rise	2023	NAP	27	Units	803,703.70	21,700,000	21,700,000	21,700,000	6.34000%	0.015270%	6.32473%	NAP	116,240.67
19	Loan	1, 2, 4, 7, 17, 19, 27, 28	1	Casa Cipriani	10004	Mixed Use	Hospitality/Event Space	1909	2021	146,486	SF	702.19	20,000,000	19,972,889	19,004,560	7.27000%	0.015270%	7.25473%	136,706.67	NAP
20	Loan	6, 16, 29	7	Cincinnati Multifamily Portfolio	Various	Multifamily	Garden	Various	2023	221	Units	79,864.25	17,650,000	17,650,000	17,650,000	7.59000%	0.015270%	7.57473%	NAP	113,186.75
20.01	Property		1	3409, 3411, 3413 & 3415 McHenry Avenue	45225	Multifamily	Garden	1979	2023	48	Units		3,261,833	3,261,833	3,261,833
20.02	Property		1	669 & 686 Gholson Avenue	45229	Multifamily	Garden	1967	2023	37	Units		2,920,179	2,920,179	2,920,179
20.03	Property		1	810 North Fred Shuttlesworth Circle	45229	Multifamily	Garden	1928	2023	24	Units		2,675,219	2,675,219	2,675,219
20.04	Property		1	6390-6406 Gracely Drive	45233	Multifamily	Garden	1972	2023	33	Units		2,462,491	2,462,491	2,462,491
20.05	Property		1	915 Dana Avenue	45229	Multifamily	Garden	1926	2023	29	Units		2,288,440	2,288,440	2,288,440
20.06	Property		1	725 Greenwood Avenue	45229	Multifamily	Garden	1925	2023	24	Units		2,069,266	2,069,266	2,069,266
20.07	Property		1	2606, 2614 & 2618 Montana Avenue	45211	Multifamily	Garden	1969	2023	26	Units		1,972,571	1,972,571	1,972,571
	Loan	5, 6, 19	3	AHIP Virginia 3-Pack	Various	Hospitality	Limited Service	Various	Various	243	Rooms	72,016.46	17,500,000	17,500,000	17,500,000	7.84000%	0.015270%	7.82473%	NAP	115,921.30
21.01	Property		1	Hampton Inn Emporia	23847	Hospitality	Limited Service	2005	2017	85	Rooms		6,952,000	6,952,000	6,952,000
21.02	Property		1	Fairfield Inn & Suites South Hill	23970	Hospitality	Limited Service	2007	2015	68	Rooms		6,027,000	6,027,000	6,027,000
21.03	Property		1	Hampton Inn Harrisonburg South	22801	Hospitality	Limited Service	2008	2017	90	Rooms		4,521,000	4,521,000	4,521,000
22	Loan	4, 19	1	114 East 71st Street	10021	Multifamily	Mid Rise	1920	2023	14	Units	1,235,714.29	17,300,000	17,300,000	17,300,000	7.45000%	0.015270%	7.43473%	NAP	108,895.89
23	Loan	7, 12, 13	1	Euclid Apartments	44132	Multifamily	Garden	1968	2022	738	Units	71,815.72	15,000,000	15,000,000	15,000,000	7.06000%	0.015270%	7.04473%	NAP	89,475.69
24	Loan	2, 16, 19, 20	1	485 Locust Avenue	08701	Mixed Use	Retail/Office	1973	2023	75,050	SF	199.87	15,000,000	15,000,000	15,000,000	7.53000%	0.015270%	7.51473%	NAP	95,432.29
25	Loan	4, 14, 16, 27, 28	1	55 Borinquen Place	11211	Multifamily	Mid Rise	2023	NAP	16	Units	831,250.00	13,300,000	13,300,000	13,300,000	6.31000%	0.015270%	6.29473%	NAP	70,907.16
26	Loan		1	Home2 Suites Pensacola	32514	Hospitality	Extended Stay	2017	NAP	106	Rooms	119,811.32	12,700,000	12,700,000	12,700,000	7.92000%	0.015270%	7.90473%	NAP	84,984.17
27	Loan	4, 12, 16, 27	1	828 New York Avenue	11203	Multifamily	Mid Rise	2023	NAP	24	Units	383,333.33	9,200,000	9,200,000	9,200,000	7.49000%	0.015270%	7.47473%	NAP	58,220.88
28	Loan	30	1	8 Hook Road	07002	Industrial	Warehouse/Distribution	1955	NAP	65,300	SF	130.17	8,500,000	8,500,000	8,500,000	7.93000%	0.015270%	7.91473%	NAP	56,950.98
29	Loan	16, 27, 29	1	1281 Hoe Avenue	10459	Multifamily	Mid Rise	2022	NAP	45	Units	187,777.78	8,450,000	8,450,000	8,450,000	6.94000%	0.015270%	6.92473%	NAP	49,547.91
30	Loan	6, 16, 28	3	Central Illinois Storage & Kentucky RV Portfolio	Various	Various	Various	Various	NAP	Various	Various	28.16	7,800,000	7,800,000	7,800,000	7.65000%	0.015270%	7.63473%	NAP	50,415.63
30.01	Property		1	Southern Comfort RV Park	42749	Manufactured Housing	RV Park	2023	NAP	136	Spaces		4,704,000	4,704,000	4,704,000
30.02	Property		1	Central Illinois Storage South	62629	Self Storage	Self Storage	2013	NAP	89,600	SF		2,340,000	2,340,000	2,340,000
30.03	Property		1	Central Illinois Storage North	62629	Self Storage	Self Storage	2005	NAP	24,176	SF		756,000	756,000	756,000
31	Loan	4, 14, 16, 28	1	631 East 6th Street	10009	Multifamily	Mid Rise	1900	2023	10	Units	725,000.00	7,250,000	7,250,000	7,250,000	6.48700%	0.015270%	6.47173%	NAP	39,736.63
32	Loan	16, 27	1	2638 Decatur Avenue	10458	Multifamily	Low Rise	2023	NAP	24	Units	291,666.67	7,000,000	7,000,000	7,000,000	7.01500%	0.015270%	6.99973%	NAP	41,489.18
33	Loan	1, 7, 10, 19, 21	1	AutoNation	33301	Office	CBD	2007	NAP	205,956	SF	267.05	5,900,000	5,900,000	5,900,000	8.25000%	0.015270%	8.23473%	NAP	41,125.87
34	Loan		1	Chippewa Place	44141	Multifamily	Independent Living	1987	2023	102	Units	51,960.78	5,300,000	5,300,000	5,300,000	7.00300%	0.015270%	6.98773%	NAP	31,359.50
35	Loan	3, 16, 27	1	Washington Lofts	12210	Multifamily	Mid Rise	1882	2022-2023	36	Units	144,861.11	5,215,000	5,215,000	5,215,000	6.80000%	0.015270%	6.78473%	NAP	29,962.11
36	Loan		1	Mini U Storage Vacaville	95687	Self Storage	Self Storage	1977	NAP	40,430	SF	125.65	5,080,000	5,080,000	5,080,000	6.93000%	0.015270%	6.91473%	NAP	29,744.46
37	Loan	16, 18	1	La Provence Apartments	33859	Multifamily	Garden	1959	2023	56	Units	89,285.71	5,000,000	5,000,000	5,000,000	7.75000%	0.015270%	7.73473%	NAP	32,740.16
38	Loan		1	The Hill	31907	Multifamily	Student Housing	1975, 2002	NAP	258	Beds	15,891.47	4,100,000	4,100,000	4,042,925	8.24500%	0.084020%	8.16098%	30,787.52	28,561.67
39	Loan	13, 16	1	242 Montrose Avenue	11206	Multifamily	Mid Rise	1920	2023	7	Units	585,714.29	4,100,000	4,100,000	4,100,000	7.18000%	0.015270%	7.16473%	NAP	24,872.38

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Annual Debt Service (P&I) ($)	Annual Debt Service (IO) ($)	Amortization Type	ARD Loan (Yes / No)	Interest Accrual Method	Original Interest-Only Period (Mos.)	Remaining Interest-Only Period (Mos.)	Original Term To Maturity / ARD (Mos.)	Remaining Term To Maturity / ARD (Mos.)	Original Amortization Term (Mos.)	Remaining Amortization Term (Mos.)	Origination Date	Seasoning (Mos.)	Payment Due Date	First Payment Date	First P&I Payment Date	Maturity Date or Anticipated Repayment Date
					9	9
1	Loan	1, 4, 7, 12, 16, 18, 20, 27, 28, 33	1	620 W 153rd Street	NAP	4,350,597.24	Interest Only	No	Actual/360	60	59	60	59	0	0	4/2/2024	1	6	5/6/2024	NAP	4/6/2029
2	Loan	1, 4, 5, 6, 7, 10, 12, 16, 18, 19, 23, 27, 28	20	GNL Industrial Portfolio	NAP	4,076,644.44	Interest Only	No	Actual/360	60	59	60	59	0	0	4/5/2024	1	6	5/6/2024	NAP	4/6/2029
2.01	Property		1	FCA USA - Detroit, MI
2.02	Property		1	Grupo Antolin - Shelby Township, MI
2.03	Property		1	Follett School - McHenry, IL
2.04	Property		1	Shaw Aero - Naples, FL
2.05	Property		1	Kuka - Sterling Heights, MI
2.06	Property		1	ZF Active Safety - Findlay, OH
2.07	Property		1	CF Sauer - 184 Suburban
2.08	Property		1	CF Sauer - 728 N Main St.
2.09	Property		1	Walgreens Boot Alliance - Pittsburgh, PA
2.10	Property		1	Hannibal - Houston, TX
2.11	Property		1	FedEx IV - Lexington, KY
2.12	Property		1	VersaFlex - Kansas City, KS
2.13	Property		1	Cott Beverage Inc - Sikeston, MO
2.14	Property		1	Dunlop Protective Footwear - Havre De Grace, MD
2.15	Property		1	CSTK - St. Louis, MO
2.16	Property		1	CF Sauer - 39 S Park Dr.
2.17	Property		1	AM Castle - Wichita, KS
2.18	Property		1	CF Sauer - 9 Old Mill Road
2.19	Property		1	CF Sauer - 2447 Eunice Avenue
2.20	Property		1	CF Sauer - 513 West Butler Road
3	Loan	2, 7, 10, 12, 20, 24, 31	1	28-40 West 23rd Street	NAP	3,077,152.80	Interest Only	No	Actual/360	60	59	60	59	0	0	4/5/2024	1	6	5/6/2024	NAP	4/6/2029
4	Loan	1	1	Galleria at Sunset	4,718,895.84	NAP	Amortizing Balloon	No	Actual/360	0	0	60	58	300	298	2/28/2024	2	6	4/6/2024	4/6/2024	3/6/2029
5	Loan	1, 6, 7, 16, 19, 23, 31, 32	4	Vero Office Portfolio	NAP	3,210,499.44	Interest Only	No	Actual/360	60	58	60	58	0	0	3/1/2024	2	6	4/6/2024	NAP	3/6/2029
5.01	Property		1	Imperial Center
5.02	Property		1	Parkway Avalon
5.03	Property		1	Apex 190
5.04	Property		1	Fairview
6	Loan	1, 7, 13, 16, 19, 26, 33	1	Coastline Apartments	NAP	2,216,503.08	Interest Only	No	Actual/360	60	57	60	57	0	0	1/31/2024	3	6	3/6/2024	NAP	2/6/2029
7	Loan	13, 19	1	Sheraton Park City	NAP	2,556,216.72	Interest Only	No	Actual/360	60	60	60	60	0	0	4/12/2024	0	6	6/6/2024	NAP	5/6/2029
8	Loan	23	1	McGaw Commerce Center	NAP	2,248,273.32	Interest Only	No	Actual/360	60	59	60	59	0	0	3/22/2024	1	6	5/6/2024	NAP	4/6/2029
9	Loan	1, 5, 7, 19, 22	1	Kenwood Towne Centre	NAP	1,907,429.16	Interest Only	No	Actual/360	60	58	60	58	0	0	2/9/2024	2	1	4/1/2024	NAP	3/1/2029
10	Loan	1, 7, 19, 24	1	Staten Island Mall	NAP	2,291,591.64	Interest Only	No	Actual/360	60	57	60	57	0	0	1/18/2024	3	1	3/1/2024	NAP	2/1/2029
11	Loan	13, 23, 31	1	Rialto I & II	NAP	2,476,829.16	Interest Only	No	Actual/360	60	59	60	59	0	0	3/19/2024	1	6	5/6/2024	NAP	4/6/2029
12	Loan	4, 7, 12, 13, 21, 23, 31	1	1812 North Moore	2,524,571.64	2,290,374.96	Interest Only, Amortizing Balloon	No	Actual/360	24	24	60	60	360	360	4/10/2024	0	6	6/6/2024	6/6/2026	5/6/2029
13	Loan	19	1	Homewood Suites San Diego Mission Valley Zoo	NAP	2,268,731.04	Interest Only	No	Actual/360	60	59	60	59	0	0	4/3/2024	1	6	5/6/2024	NAP	4/6/2029
14	Loan	7, 16, 19	1	Respara	NAP	1,596,875.04	Interest Only	No	Actual/360	60	57	60	57	0	0	2/6/2024	3	11	3/11/2024	NAP	2/11/2029
15	Loan	4, 19, 23	1	Point Plaza West	2,116,909.44	NAP	Amortizing Balloon	No	Actual/360	0	0	60	59	360	359	3/22/2024	1	11	5/11/2024	5/11/2024	4/11/2029
16	Loan	2, 19	1	6 Columbus Hotel	NAP	1,933,612.80	Interest Only	No	Actual/360	60	59	60	59	0	0	4/4/2024	1	6	5/6/2024	NAP	4/6/2029
17	Loan	1, 7, 16, 19	1	Lexmark	NAP	1,734,966.72	Interest Only	No	Actual/360	60	58	60	58	0	0	2/13/2024	2	6	4/6/2024	NAP	3/6/2029
18	Loan	16, 27	1	352 Meeker Avenue	NAP	1,394,888.06	Interest Only	No	Actual/360	60	59	60	59	0	0	4/4/2024	1	6	5/6/2024	NAP	4/6/2029
19	Loan	1, 2, 4, 7, 17, 19, 27, 28	1	Casa Cipriani	1,640,480.04	NAP	Amortizing Balloon	No	Actual/360	0	0	60	58	360	358	2/23/2024	2	6	4/6/2024	4/6/2024	3/6/2029
20	Loan	6, 16, 29	7	Cincinnati Multifamily Portfolio	NAP	1,358,241.04	Interest Only	No	Actual/360	60	60	60	60	0	0	4/10/2024	0	6	6/6/2024	NAP	5/6/2029
20.01	Property		1	3409, 3411, 3413 & 3415 McHenry Avenue
20.02	Property		1	669 & 686 Gholson Avenue
20.03	Property		1	810 North Fred Shuttlesworth Circle
20.04	Property		1	6390-6406 Gracely Drive
20.05	Property		1	915 Dana Avenue
20.06	Property		1	725 Greenwood Avenue
20.07	Property		1	2606, 2614 & 2618 Montana Avenue
	Loan	5, 6, 19	3	AHIP Virginia 3-Pack	NAP	1,391,055.60	Interest Only	No	Actual/360	60	58	60	58	0	0	3/6/2024	2	6	4/6/2024	NAP	3/6/2029
21.01	Property		1	Hampton Inn Emporia
21.02	Property		1	Fairfield Inn & Suites South Hill
21.03	Property		1	Hampton Inn Harrisonburg South
22	Loan	4, 19	1	114 East 71st Street	NAP	1,306,750.68	Interest Only	No	Actual/360	60	57	60	57	0	0	2/9/2024	3	6	3/6/2024	NAP	2/6/2029
23	Loan	7, 12, 13	1	Euclid Apartments	NAP	1,073,708.28	Interest Only	No	Actual/360	60	57	60	57	0	0	1/31/2024	3	6	3/6/2024	NAP	2/6/2029
24	Loan	2, 16, 19, 20	1	485 Locust Avenue	NAP	1,145,187.48	Interest Only	No	Actual/360	60	59	60	59	0	0	3/28/2024	1	6	5/6/2024	NAP	4/6/2029
25	Loan	4, 14, 16, 27, 28	1	55 Borinquen Place	NAP	850,885.97	Interest Only	No	Actual/360	60	58	60	58	0	0	2/22/2024	2	6	4/6/2024	NAP	3/6/2029
26	Loan		1	Home2 Suites Pensacola	NAP	1,019,810.04	Interest Only	No	Actual/360	60	58	60	58	0	0	3/6/2024	2	6	4/6/2024	NAP	3/6/2029
27	Loan	4, 12, 16, 27	1	828 New York Avenue	NAP	698,650.56	Interest Only	No	Actual/360	60	58	60	58	0	0	2/12/2024	2	6	4/6/2024	NAP	3/6/2029
28	Loan	30	1	8 Hook Road	NAP	683,411.76	Interest Only	No	Actual/360	60	59	60	59	0	0	4/5/2024	1	6	5/6/2024	NAP	4/6/2029
29	Loan	16, 27, 29	1	1281 Hoe Avenue	NAP	594,574.86	Interest Only	No	Actual/360	60	59	60	59	0	0	3/28/2024	1	6	5/6/2024	NAP	4/6/2029
30	Loan	6, 16, 28	3	Central Illinois Storage & Kentucky RV Portfolio	NAP	604,987.56	Interest Only	No	Actual/360	60	59	60	59	0	0	3/18/2024	1	6	5/6/2024	NAP	4/6/2029
30.01	Property		1	Southern Comfort RV Park
30.02	Property		1	Central Illinois Storage South
30.03	Property		1	Central Illinois Storage North
31	Loan	4, 14, 16, 28	1	631 East 6th Street	NAP	476,839.55	Interest Only	No	Actual/360	60	58	60	58	0	0	2/29/2024	2	6	4/6/2024	NAP	3/6/2029
32	Loan	16, 27	1	2638 Decatur Avenue	NAP	497,870.14	Interest Only	No	Actual/360	60	60	60	60	0	0	4/9/2024	0	6	6/6/2024	NAP	5/6/2029
33	Loan	1, 7, 10, 19, 21	1	AutoNation	NAP	493,510.44	Interest Only	No	Actual/360	60	55	60	55	0	0	12/1/2023	5	6	1/6/2024	NAP	12/6/2028
34	Loan		1	Chippewa Place	NAP	376,314.00	Interest Only	No	Actual/360	60	60	60	60	0	0	4/12/2024	0	6	6/6/2024	NAP	5/6/2029
35	Loan	3, 16, 27	1	Washington Lofts	NAP	359,545.28	Interest Only	No	Actual/360	60	59	60	59	0	0	3/15/2024	1	6	5/6/2024	NAP	4/6/2029
36	Loan		1	Mini U Storage Vacaville	NAP	356,933.50	Interest Only	No	Actual/360	60	58	60	58	0	0	3/6/2024	2	6	4/6/2024	NAP	3/6/2029
37	Loan	16, 18	1	La Provence Apartments	NAP	392,881.92	Interest Only	No	Actual/360	60	59	60	59	0	0	3/12/2024	1	6	5/6/2024	NAP	4/6/2029
38	Loan		1	The Hill	369,450.24	342,740.04	Interest Only, Amortizing Balloon	No	Actual/360	36	32	60	56	360	360	1/3/2024	4	6	2/6/2024	2/6/2027	1/6/2029
39	Loan	13, 16	1	242 Montrose Avenue	NAP	298,468.56	Interest Only	No	Actual/360	60	58	60	58	0	0	2/23/2024	2	6	4/6/2024	NAP	3/6/2029

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Final Maturity Date	Grace Period - Late Fee (Days)	Grace Period - Default (Days)	Prepayment Provision	Most Recent EGI ($)	Most Recent Expenses ($)	Most Recent NOI ($)	Most Recent NOI Date	Most Recent Description	Second Most Recent EGI ($)	Second Most Recent Expenses ($)	Second Most Recent NOI ($)	Second Most Recent NOI Date	Second Most Recent Description	Third Most Recent EGI ($)	Third Most Recent Expenses ($)
						10	10	12			31	16					16
1	Loan	1, 4, 7, 12, 16, 18, 20, 27, 28, 33	1	620 W 153rd Street	4/6/2029	0	0	L(25),D(29),O(6)	7,894,069	1,190,865	6,703,204	2/29/2024	T-3 Ann.	NAV	NAV	NAV	NAV	NAV	NAV	NAV
2	Loan	1, 4, 5, 6, 7, 10, 12, 16, 18, 19, 23, 27, 28	20	GNL Industrial Portfolio	4/6/2029	0	0	L(11),YM1(14),DorYM1(28),O(7)	30,083,673	1,937,654	28,146,019	12/31/2023	T-12	29,989,517	2,405,590	27,583,927	12/31/2022	T-12	27,940,480	1,352,135
2.01	Property		1	FCA USA - Detroit, MI					9,124,678	980,812	8,143,866	12/31/2023	T-12	8,520,112	650,834	7,869,278	12/31/2022	T-12	7,504,173	492,597
2.02	Property		1	Grupo Antolin - Shelby Township, MI					3,723,073	62,226	3,660,847	12/31/2023	T-12	3,635,451	46,387	3,589,064	12/31/2022	T-12	3,572,514	53,827
2.03	Property		1	Follett School - McHenry, IL					2,078,309	15,385	2,062,924	12/31/2023	T-12	2,282,237	242,928	2,039,309	12/31/2022	T-12	2,175,499	14,055
2.04	Property		1	Shaw Aero - Naples, FL					1,339,488	263,265	1,076,223	12/31/2023	T-12	1,258,092	199,160	1,058,932	12/31/2022	T-12	1,185,273	140,625
2.05	Property		1	Kuka - Sterling Heights, MI					1,189,724	19,724	1,170,000	12/31/2023	T-12	1,167,198	17,198	1,150,000	12/31/2022	T-12	1,145,854	15,854
2.06	Property		1	ZF Active Safety - Findlay, OH					1,700,662	52,029	1,648,633	12/31/2023	T-12	2,181,541	566,121	1,615,420	12/31/2022	T-12	1,613,103	30,166
2.07	Property		1	CF Sauer - 184 Suburban					1,140,189	5,229	1,134,961	12/31/2023	T-12	1,116,127	3,421	1,112,707	12/31/2022	T-12	1,095,495	4,606
2.08	Property		1	CF Sauer - 728 N Main St.					1,196,256	12,180	1,184,076	12/31/2023	T-12	1,168,826	7,967	1,160,859	12/31/2022	T-12	1,148,824	10,727
2.09	Property		1	Walgreens Boot Alliance - Pittsburgh, PA					1,054,508	24,302	1,030,206	12/31/2023	T-12	1,041,968	21,962	1,020,006	12/31/2022	T-12	1,030,165	20,259
2.10	Property		1	Hannibal - Houston, TX					1,437,384	291,247	1,146,137	12/31/2023	T-12	1,440,392	316,728	1,123,664	12/31/2022	T-12	1,418,165	316,534
2.11	Property		1	FedEx IV - Lexington, KY					853,366	12,834	840,532	12/31/2023	T-12	990,505	148,531	841,974	12/31/2022	T-12	960,054	145,240
2.12	Property		1	VersaFlex - Kansas City, KS					720,000	5,328	714,672	12/31/2023	T-12	723,486	3,486	720,000	12/31/2022	T-12	721,756	1,756
2.13	Property		1	Cott Beverage Inc - Sikeston, MO					920,672	79,649	841,024	12/31/2023	T-12	909,392	80,797	828,595	12/31/2022	T-12	894,780	78,430
2.14	Property		1	Dunlop Protective Footwear - Havre De Grace, MD					661,814	6,949	654,865	12/31/2023	T-12	646,522	4,435	642,087	12/31/2022	T-12	640,692	2,212
2.15	Property		1	CSTK - St. Louis, MO					995,619	94,628	900,991	12/31/2023	T-12	990,341	87,739	902,602	12/31/2022	T-12	917,357	14,755
2.16	Property		1	CF Sauer - 39 S Park Dr.					736,155	7,492	728,662	12/31/2023	T-12	719,276	4,901	714,375	12/31/2022	T-12	706,968	6,600
2.17	Property		1	AM Castle - Wichita, KS					750,794	0	750,794	12/31/2023	T-12	747,440	0	747,440	12/31/2022	T-12	767,495	0
2.18	Property		1	CF Sauer - 9 Old Mill Road					387,452	3,946	383,506	12/31/2023	T-12	378,568	2,581	375,987	12/31/2022	T-12	372,089	3,475
2.19	Property		1	CF Sauer - 2447 Eunice Avenue					44,567	230	44,338	12/31/2023	T-12	43,653	222	43,432	12/31/2022	T-12	42,580	225
2.20	Property		1	CF Sauer - 513 West Butler Road					28,962	199	28,763	12/31/2023	T-12	28,391	192	28,199	12/31/2022	T-12	27,646	195
3	Loan	2, 7, 10, 12, 20, 24, 31	1	28-40 West 23rd Street	4/6/2029	3	0	L(25),D(28),O(7)	51,646,088	18,128,650	33,517,438	12/31/2023	T-12	48,016,236	17,307,963	30,708,273	12/31/2022	T-12	46,966,435	15,927,879
4	Loan	1	1	Galleria at Sunset	3/6/2029	0	0	L(26),D(27),O(7)	18,473,957	5,084,300	13,389,658	11/30/2023	T-12	17,986,772	4,974,957	13,011,815	12/31/2022	T-12	13,798,603	4,525,732
5	Loan	1, 6, 7, 16, 19, 23, 31, 32	4	Vero Office Portfolio	3/6/2029	0	0	L(26),D(27),O(7)	24,301,270	9,653,701	14,647,569	12/31/2023	T-12	24,435,274	9,873,212	14,562,062	12/31/2022	T-12	NAV	NAV
5.01	Property		1	Imperial Center					8,636,587	3,308,099	5,328,488	12/31/2023	T-12	9,552,342	3,206,585	6,345,758	12/31/2022	T-12	NAV	NAV
5.02	Property		1	Parkway Avalon					4,977,017	2,012,737	2,964,280	12/31/2023	T-12	4,862,899	2,301,902	2,560,997	12/31/2022	T-12	NAV	NAV
5.03	Property		1	Apex 190					5,935,766	2,274,726	3,661,040	12/31/2023	T-12	5,411,865	2,314,663	3,097,203	12/31/2022	T-12	NAV	NAV
5.04	Property		1	Fairview					4,751,900	2,058,139	2,693,761	12/31/2023	T-12	4,608,168	2,050,063	2,558,105	12/31/2022	T-12	NAV	NAV
6	Loan	1, 7, 13, 16, 19, 26, 33	1	Coastline Apartments	2/6/2029	0	0	L(27),D(29),O(4)	6,371,300	1,950,521	4,420,779	12/31/2023	T-12	5,758,768	1,994,369	3,764,399	12/31/2022	T-12	5,187,288	1,804,174
7	Loan	13, 19	1	Sheraton Park City	5/6/2029	0	0	L(24),D(29),O(7)	12,482,069	8,354,039	4,128,030	2/29/2024	T-12	12,981,501	8,553,389	4,428,112	12/31/2023	T-12	13,076,746	8,469,693
8	Loan	23	1	McGaw Commerce Center	4/6/2029	0	0	L(25),D(28),O(7)	3,490,872	614,409	2,876,464	12/31/2023	T-12	2,270,876	499,958	1,770,919	12/31/2022	T-12	2,514,234	544,482
9	Loan	1, 5, 7, 19, 22	1	Kenwood Towne Centre	3/1/2029	0	0	L(26),D(27),O(7)	51,156,712	13,470,861	37,685,851	12/31/2023	T-12	50,448,758	13,294,184	37,154,574	12/31/2022	T-12	46,624,468	12,851,993
10	Loan	1, 7, 19, 24	1	Staten Island Mall	2/1/2029	0	0	L(27),D(26),O(7)	62,702,116	26,119,900	36,582,216	10/31/2023	T-12	64,758,020	31,478,198	33,279,822	12/31/2022	T-12	56,053,376	32,087,459
11	Loan	13, 23, 31	1	Rialto I & II	4/6/2029	0	0	L(25),D(30),O(5)	5,733,659	2,318,186	3,415,473	12/31/2023	T-12	5,984,955	2,645,044	3,339,911	12/31/2022	T-12	5,700,173	2,320,191
12	Loan	4, 7, 12, 13, 21, 23, 31	1	1812 North Moore	5/6/2029	0	0	L(24),D(29),O(7)	28,300,056	9,525,214	18,774,842	1/31/2024	T-12	28,260,517	9,469,511	18,791,006	12/31/2023	T-12	26,441,098	8,973,322
13	Loan	19	1	Homewood Suites San Diego Mission Valley Zoo	4/6/2029	0	0	L(25),D(28),O(7)	9,371,145	5,543,161	3,827,984	2/29/2024	T-12	9,279,539	5,530,687	3,748,852	12/31/2023	T-12	8,671,212	4,907,614
14	Loan	7, 16, 19	1	Respara	2/11/2029	0	0	L(27),DorYM1(26),O(7)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
15	Loan	4, 19, 23	1	Point Plaza West	4/11/2029	0	0	L(25),DorYM1(28),O(7)	4,407,309	1,188,518	3,218,791	12/31/2023	T-12	4,187,232	1,125,666	3,061,566	12/31/2022	T-12	4,078,166	1,090,664
16	Loan	2, 19	1	6 Columbus Hotel	4/6/2029	0	0	L(25),D(28),O(7)	9,179,867	6,205,613	2,974,254	12/31/2023	T-12	8,449,482	6,102,996	2,346,486	12/31/2022	T-12	5,363,167	4,845,023
17	Loan	1, 7, 16, 19	1	Lexmark	3/6/2029	0	0	YM1(53),O(7)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
18	Loan	16, 27	1	352 Meeker Avenue	4/6/2029	0	0	L(25),D(30),O(5)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
19	Loan	1, 2, 4, 7, 17, 19, 27, 28	1	Casa Cipriani	3/6/2029	0	0	L(26),D(27),O(7)	76,670,902	53,018,686	23,652,216	12/31/2023	T-12	62,610,528	46,051,002	16,559,526	12/31/2022	T-12	19,895,595	19,620,191
20	Loan	6, 16, 29	7	Cincinnati Multifamily Portfolio	5/6/2029	0	0	L(24),D(31),O(5)	1,978,381	844,001	1,134,380	2/29/2024	T-12	1,804,457	720,849	1,083,608	12/31/2023	T-12	NAV	NAV
20.01	Property		1	3409, 3411, 3413 & 3415 McHenry Avenue					439,843	148,168	291,676	2/29/2024	T-12	414,372	133,364	281,008	12/31/2023	T-12	NAV	NAV
20.02	Property		1	669 & 686 Gholson Avenue					286,795	124,507	162,288	2/29/2024	T-12	259,992	101,161	158,830	12/31/2023	T-12	NAV	NAV
20.03	Property		1	810 North Fred Shuttlesworth Circle					235,413	100,048	135,365	2/29/2024	T-12	187,549	80,859	106,691	12/31/2023	T-12	NAV	NAV
20.04	Property		1	6390-6406 Gracely Drive					281,428	133,532	147,895	2/29/2024	T-12	259,047	122,582	136,465	12/31/2023	T-12	NAV	NAV
20.05	Property		1	915 Dana Avenue					276,465	149,197	127,269	2/29/2024	T-12	267,342	123,965	143,378	12/31/2023	T-12	NAV	NAV
20.06	Property		1	725 Greenwood Avenue					198,575	71,312	127,264	2/29/2024	T-12	162,971	64,556	98,415	12/31/2023	T-12	NAV	NAV
20.07	Property		1	2606, 2614 & 2618 Montana Avenue					259,862	117,238	142,624	2/29/2024	T-12	253,184	94,363	158,822	12/31/2023	T-12	NAV	NAV
	Loan	5, 6, 19	3	AHIP Virginia 3-Pack	3/6/2029	0	0	L(26),D(27),O(7)	8,637,279	5,687,483	2,949,796	1/31/2024	T-12	8,527,326	5,675,123	2,852,204	12/31/2023	T-12	7,995,409	5,209,004
21.01	Property		1	Hampton Inn Emporia					3,285,640	2,170,919	1,114,722	1/31/2024	T-12	3,244,040	2,176,305	1,067,735	12/31/2023	T-12	2,984,820	1,935,961
21.02	Property		1	Fairfield Inn & Suites South Hill					2,735,417	1,551,111	1,184,306	1/31/2024	T-12	2,661,321	1,540,741	1,120,580	12/31/2023	T-12	2,379,947	1,340,751
21.03	Property		1	Hampton Inn Harrisonburg South					2,616,222	1,965,453	650,768	1/31/2024	T-12	2,621,966	1,958,077	663,889	12/31/2023	T-12	2,630,642	1,932,293
22	Loan	4, 19	1	114 East 71st Street	2/6/2029	0	0	L(12),YM1(44),O(4)	1,063,145	445,668	617,477	12/31/2023	T-12	794,671	426,359	368,312	12/31/2022	T-8 Ann	NAV	NAV
23	Loan	7, 12, 13	1	Euclid Apartments	2/6/2029	0	0	L(27),D(29),O(4)	8,905,892	2,772,457	6,133,435	12/31/2023	T-12	8,464,424	2,528,661	5,935,763	12/31/2022	T-12 Ann	8,093,027	2,769,208
24	Loan	2, 16, 19, 20	1	485 Locust Avenue	4/6/2029	0	0	L(25),D(32),O(3)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
25	Loan	4, 14, 16, 27, 28	1	55 Borinquen Place	3/6/2029	0	0	L(26),D(29),O(5)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
26	Loan		1	Home2 Suites Pensacola	3/6/2029	0	0	L(26),D(30),O(4)	4,641,737	2,526,058	2,115,679	1/31/2024	T-12	5,221,339	2,613,621	2,607,718	12/31/2022	T-12	5,343,955	2,592,026
27	Loan	4, 12, 16, 27	1	828 New York Avenue	3/6/2029	0	0	L(26),D(30),O(4)	744,584	49,949	694,635	12/31/2023	T-3 Ann	NAV	NAV	NAV	NAV	NAV	NAV	NAV
28	Loan	30	1	8 Hook Road	4/6/2029	0	0	L(25),D(31),O(4)	979,500	0	979,500	2/28/2024	T-12	734,625	0	734,625	12/31/2023	T-12	NAV	NAV
29	Loan	16, 27, 29	1	1281 Hoe Avenue	4/6/2029	0	0	L(25),D(30),O(5)	239,781	63,564	176,218	12/31/2023	T-6	NAV	NAV	NAV	NAV	NAV	NAV	NAV
30	Loan	6, 16, 28	3	Central Illinois Storage & Kentucky RV Portfolio	4/6/2029	0	0	L(25),D(31),O(4)	1,538,481	340,873	1,197,608	2/28/2024	T-3 Ann.	506,175	96,866	409,309	Various	Various	488,996	89,932
30.01	Property		1	Southern Comfort RV Park					1,030,454	244,033	786,421	2/28/2024	T-3 Ann.	NAV	NAV	NAV	NAV	NAV	NAV	NAV
30.02	Property		1	Central Illinois Storage South					383,161	69,691	313,470	2/28/2024	T-3 Ann.	381,793	69,657	312,136	12/31/2023	T-12	362,245	65,807
30.03	Property		1	Central Illinois Storage North					124,866	27,149	97,718	2/28/2024	T-3 Ann.	124,382	27,209	97,173	12/31/2023	T-12	126,751	24,125
31	Loan	4, 14, 16, 28	1	631 East 6th Street	3/6/2029	0	0	L(26),D(30),O(4)	317,441	60,027	257,414	12/31/2023	T-6	NAV	NAV	NAV	NAV	NAV	NAV	NAV
32	Loan	16, 27	1	2638 Decatur Avenue	5/6/2029	0	0	L(24),D(32),O(4)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
33	Loan	1, 7, 10, 19, 21	1	AutoNation	12/6/2028	5	0	L(29),D(24),O(7)	10,474,739	4,494,234	5,980,505	9/30/2023	T-12	10,343,810	4,143,801	6,200,009	12/31/2022	T-12	9,593,629	3,703,208
34	Loan		1	Chippewa Place	5/6/2029	0	0	L(24),D(32),O(4)	1,694,091	757,487	936,604	1/31/2024	T-12	1,647,317	662,131	985,186	12/31/2023	T-12	1,373,762	761,817
35	Loan	3, 16, 27	1	Washington Lofts	4/6/2029	0	0	L(25),D(31),O(4)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
36	Loan		1	Mini U Storage Vacaville	3/6/2029	0	0	L(26),D(28),O(6)	900,727	397,165	503,562	12/31/2023	T-12	876,279	394,426	481,853	12/31/2022	T-12	775,516	328,349
37	Loan	16, 18	1	La Provence Apartments	4/6/2029	0	0	L(25),D(31),O(4)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
38	Loan		1	The Hill	1/6/2029	0	0	L(28),D(29),O(3)	1,784,090	1,421,498	362,593	10/31/2023	T-12	1,651,797	1,287,664	364,132	12/31/2022	T-12	NAV	NAV
39	Loan	13, 16	1	242 Montrose Avenue	3/6/2029	0	0	L(11),YM1(42),O(7)	437,064	28,730	408,334	1/31/2024	T-4 Ann	NAV	NAV	NAV	NAV	NAV	NAV	NAV

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Third Most Recent NOI ($)	Third Most Recent NOI Date	Third Most Recent Description	Underwritten Economic Occupancy (%)	Underwritten EGI ($)	Underwritten Expenses ($)	Underwritten Net Operating Income ($)	Underwritten Replacement / FF&E Reserve ($)	Underwritten TI / LC ($)	Underwritten Net Cash Flow ($)	Underwritten NOI DSCR (x)	Underwritten NCF DSCR (x)	Underwritten NOI Debt Yield (%)	Underwritten NCF Debt Yield (%)	Appraised Value ($)	Appraised Value Type
						16					31		15		7, 14	7, 14	7	7	5
1	Loan	1, 4, 7, 12, 16, 18, 20, 27, 28, 33	1	620 W 153rd Street	NAV	NAV	NAV	94.3%	11,953,146	1,465,007	10,488,139	54,727	23,270	10,410,143	1.44	1.43	9.0%	8.9%	205,200,000	As Is
2	Loan	1, 4, 5, 6, 7, 10, 12, 16, 18, 19, 23, 27, 28	20	GNL Industrial Portfolio	26,588,345	12/31/2021	T-12	100.0%	32,612,362	2,698,321	29,914,041	586,246	0	29,327,795	2.17	2.12	12.6%	12.4%	440,475,000	As Is
2.01	Property		1	FCA USA - Detroit, MI	7,011,576	12/31/2021	T-12	100.0%	10,165,096	1,216,851	8,948,245	149,553	0	8,798,692					130,900,000	As Is
2.02	Property		1	Grupo Antolin - Shelby Township, MI	3,518,687	12/31/2021	T-12	100.0%	3,862,154	136,993	3,725,161	53,971	0	3,671,190					52,000,000	As Is
2.03	Property		1	Follett School - McHenry, IL	2,161,445	12/31/2021	T-12	100.0%	2,257,626	60,838	2,196,789	73,030	0	2,123,759					37,600,000	As Is
2.04	Property		1	Shaw Aero - Naples, FL	1,044,648	12/31/2021	T-12	100.0%	1,482,908	319,310	1,163,598	19,587	0	1,144,011					21,500,000	As Is
2.05	Property		1	Kuka - Sterling Heights, MI	1,130,000	12/31/2021	T-12	100.0%	1,315,504	54,009	1,261,495	30,000	0	1,231,495					19,950,000	As Is
2.06	Property		1	ZF Active Safety - Findlay, OH	1,582,937	12/31/2021	T-12	100.0%	1,799,430	88,008	1,711,423	32,445	0	1,678,978					19,450,000	As Is
2.07	Property		1	CF Sauer - 184 Suburban	1,090,889	12/31/2021	T-12	100.0%	1,198,556	27,502	1,171,054	15,910	0	1,155,144					18,000,000	As Is
2.08	Property		1	CF Sauer - 728 N Main St.	1,138,097	12/31/2021	T-12	100.0%	1,255,057	33,326	1,221,732	37,050	0	1,184,682					17,900,000	As Is
2.09	Property		1	Walgreens Boot Alliance - Pittsburgh, PA	1,009,906	12/31/2021	T-12	100.0%	1,120,814	54,362	1,066,453	12,847	0	1,053,606					16,050,000	As Is
2.10	Property		1	Hannibal - Houston, TX	1,101,631	12/31/2021	T-12	100.0%	1,552,566	340,787	1,211,779	16,350	0	1,195,429					15,900,000	As Is
2.11	Property		1	FedEx IV - Lexington, KY	814,814	12/31/2021	T-12	100.0%	855,554	26,656	828,898	20,773	0	808,125					14,700,000	As Is
2.12	Property		1	VersaFlex - Kansas City, KS	720,000	12/31/2021	T-12	100.0%	851,541	20,629	830,912	16,950	0	813,962					13,450,000	As Is
2.13	Property		1	Cott Beverage Inc - Sikeston, MO	816,350	12/31/2021	T-12	100.0%	979,883	112,372	867,512	25,500	0	842,012					11,900,000	As Is
2.14	Property		1	Dunlop Protective Footwear - Havre De Grace, MD	638,480	12/31/2021	T-12	100.0%	700,694	18,761	681,932	18,000	0	663,932					11,300,000	As Is
2.15	Property		1	CSTK - St. Louis, MO	902,602	12/31/2021	T-12	100.0%	1,124,754	131,892	992,862	8,404	0	984,458					11,200,000	As Is
2.16	Property		1	CF Sauer - 39 S Park Dr.	700,367	12/31/2021	T-12	100.0%	772,341	20,506	751,835	22,800	0	729,035					11,000,000	As Is
2.17	Property		1	AM Castle - Wichita, KS	767,495	12/31/2021	T-12	100.0%	834,023	22,751	811,272	19,140	0	792,132					10,600,000	As Is
2.18	Property		1	CF Sauer - 9 Old Mill Road	368,614	12/31/2021	T-12	100.0%	406,497	10,794	395,703	12,000	0	383,703					5,800,000	As Is
2.19	Property		1	CF Sauer - 2447 Eunice Avenue	42,355	12/31/2021	T-12	100.0%	46,876	1,167	45,709	1,035	0	44,674					775,000	As Is
2.20	Property		1	CF Sauer - 513 West Butler Road	27,452	12/31/2021	T-12	100.0%	30,486	808	29,678	900	0	28,778					500,000	As Is
3	Loan	2, 7, 10, 12, 20, 24, 31	1	28-40 West 23rd Street	31,038,555	12/31/2021	T-12	74.9%	41,557,426	17,664,098	23,893,328	115,621	1,022,942	22,754,765	2.50	2.39	15.4%	14.7%	420,000,000	As Is
4	Loan	1	1	Galleria at Sunset	9,272,871	12/31/2021	T-12	77.1%	18,385,416	5,231,739	13,153,676	301,136	1,205,136	11,647,404	2.79	2.47	26.9%	23.8%	95,000,000	As Is
5	Loan	1, 6, 7, 16, 19, 23, 31, 32	4	Vero Office Portfolio	NAV	NAV	NAV	81.7%	27,017,073	10,082,300	16,934,772	325,733	1,179,607	15,429,432	2.10	1.91	15.7%	14.3%	195,500,000	As Is
5.01	Property		1	Imperial Center	NAV	NAV	NAV	69.5%	8,526,911	3,392,708	5,134,203	134,949	424,847	4,574,406					67,000,000	As Is
5.02	Property		1	Parkway Avalon	NAV	NAV	NAV	88.5%	6,695,569	2,253,571	4,441,998	64,897	256,139	4,120,962					48,900,000	As Is
5.03	Property		1	Apex 190	NAV	NAV	NAV	92.6%	5,847,044	2,335,186	3,511,857	61,451	256,305	3,194,102					36,200,000	As Is
5.04	Property		1	Fairview	NAV	NAV	NAV	85.9%	5,947,548	2,100,835	3,846,714	64,435	242,316	3,539,962					43,400,000	As Is
6	Loan	1, 7, 13, 16, 19, 26, 33	1	Coastline Apartments	3,383,114	12/31/2021	T-6 Ann	93.9%	6,225,121	2,146,846	4,078,275	82,173	0	3,996,102	1.46	1.43	8.5%	8.3%	65,900,000	As Is
7	Loan	13, 19	1	Sheraton Park City	4,607,053	12/31/2022	T-12	53.8%	12,447,965	8,371,358	4,076,607	497,919	0	3,578,688	1.59	1.40	12.4%	10.8%	64,600,000	As Is
8	Loan	23	1	McGaw Commerce Center	1,969,752	12/31/2021	T-12	93.8%	3,356,173	595,724	2,760,449	28,105	0	2,732,344	1.23	1.22	8.5%	8.4%	50,100,000	As Is
9	Loan	1, 5, 7, 19, 22	1	Kenwood Towne Centre	33,772,475	12/31/2021	T-12	92.8%	50,721,444	12,770,752	37,950,692	206,628	1,604,875	36,139,189	2.30	2.19	14.6%	13.9%	571,200,000	As Is
10	Loan	1, 7, 19, 24	1	Staten Island Mall	23,965,918	12/31/2021	T-12	87.5%	63,861,272	30,795,311	33,065,961	199,180	995,900	31,870,881	2.16	2.09	16.5%	15.9%	467,000,000	As Is
11	Loan	13, 23, 31	1	Rialto I & II	3,379,982	12/31/2021	T-12	92.0%	6,323,608	2,305,206	4,018,401	31,097	105,483	3,881,822	1.62	1.57	13.4%	12.9%	44,500,000	As Is
12	Loan	4, 7, 12, 13, 21, 23, 31	1	1812 North Moore	17,467,776	12/31/2022	T-12	86.7%	33,560,948	9,502,562	24,058,387	108,739	1,360,002	22,589,645	1.65	1.55	13.9%	13.1%	315,000,000	As Is
13	Loan	19	1	Homewood Suites San Diego Mission Valley Zoo	3,763,598	12/31/2022	T-12	93.1%	9,345,646	5,654,583	3,691,064	373,826	0	3,317,238	1.63	1.46	13.0%	11.7%	45,400,000	As Is
14	Loan	7, 16, 19	1	Respara	NAV	NAV	NAV	94.9%	6,722,232	1,803,306	4,918,926	13,500	0	4,905,426	1.25	1.25	8.0%	8.0%	93,000,000	As Is
15	Loan	4, 19, 23	1	Point Plaza West	2,987,502	12/31/2021	T-12	90.6%	4,268,237	1,169,420	3,098,817	40,193	301,451	2,757,173	1.46	1.30	12.7%	11.3%	41,500,000	As Is
16	Loan	2, 19	1	6 Columbus Hotel	518,144	12/31/2021	T-12	84.2%	9,318,492	6,186,376	3,132,116	344,978	0	2,787,137	1.62	1.44	13.2%	11.7%	42,000,000	As Is
17	Loan	1, 7, 16, 19	1	Lexmark	NAV	NAV	NAV	95.0%	16,266,144	3,065,946	13,200,198	453,967	489,029	12,257,203	2.12	1.97	16.0%	14.9%	133,000,000	As Is
18	Loan	16, 27	1	352 Meeker Avenue	NAV	NAV	NAV	97.0%	1,927,433	180,489	1,746,944	6,750	0	1,740,194	1.25	1.25	8.1%	8.0%	33,500,000	As Is
19	Loan	1, 2, 4, 7, 17, 19, 27, 28	1	Casa Cipriani	275,404	12/31/2021	T-12	65.0%	76,670,902	54,048,705	22,622,197	2,526,674	0	20,095,523	2.68	2.38	22.0%	19.5%	206,000,000	As Is
20	Loan	6, 16, 29	7	Cincinnati Multifamily Portfolio	NAV	NAV	NAV	95.0%	2,652,649	800,214	1,852,435	55,741	0	1,796,693	1.36	1.32	10.5%	10.2%	27,380,000	As Is
20.01	Property		1	3409, 3411, 3413 & 3415 McHenry Avenue	NAV	NAV	NAV	95.0%	508,722	150,557	358,165	12,996	0	345,168					5,060,000	As Is
20.02	Property		1	669 & 686 Gholson Avenue	NAV	NAV	NAV	95.0%	447,718	133,558	314,160	6,747	0	307,413					4,530,000	As Is
20.03	Property		1	810 North Fred Shuttlesworth Circle	NAV	NAV	NAV	95.0%	370,101	96,057	274,045	8,684	0	265,361					4,150,000	As Is
20.04	Property		1	6390-6406 Gracely Drive	NAV	NAV	NAV	95.0%	367,429	118,731	248,699	8,047	0	240,652					3,820,000	As Is
20.05	Property		1	915 Dana Avenue	NAV	NAV	NAV	95.0%	359,726	113,076	246,650	5,997	0	240,653					3,550,000	As Is
20.06	Property		1	725 Greenwood Avenue	NAV	NAV	NAV	95.0%	293,936	77,974	215,962	10,405	0	205,557					3,210,000	As Is
20.07	Property		1	2606, 2614 & 2618 Montana Avenue	NAV	NAV	NAV	95.0%	305,016	110,261	194,755	2,866	0	191,889					3,060,000	As Is
	Loan	5, 6, 19	3	AHIP Virginia 3-Pack	2,786,404	12/31/2022	T-12	75.8%	8,637,279	5,710,635	2,926,644	345,491	0	2,581,153	2.10	1.86	16.7%	14.7%	32,450,000	As Complete
21.01	Property		1	Hampton Inn Emporia	1,048,859	12/31/2022	T-12	79.6%	3,285,640	2,171,810	1,113,830	131,426	0	982,404					12,750,000	As Complete
21.02	Property		1	Fairfield Inn & Suites South Hill	1,039,196	12/31/2022	T-12	85.6%	2,735,417	1,552,519	1,182,898	109,417	0	1,073,482					10,700,000	As Complete
21.03	Property		1	Hampton Inn Harrisonburg South	698,349	12/31/2022	T-12	64.9%	2,616,222	1,986,306	629,916	104,649	0	525,267					9,000,000	As Complete
22	Loan	4, 19	1	114 East 71st Street	NAV	NAV	NAV	98.0%	2,018,790	450,510	1,568,280	3,299	0	1,564,981	1.20	1.20	9.1%	9.0%	25,000,000	As Is
23	Loan	7, 12, 13	1	Euclid Apartments	5,323,819	12/31/2021	T-12	94.2%	9,088,532	2,686,379	6,402,152	184,500	0	6,217,652	1.69	1.64	12.1%	11.7%	77,000,000	As Is
24	Loan	2, 16, 19, 20	1	485 Locust Avenue	NAV	NAV	NAV	95.0%	2,135,590	625,661	1,509,929	2,569	7,712	1,499,648	1.32	1.31	10.1%	10.0%	27,900,000	As Is
25	Loan	4, 14, 16, 27, 28	1	55 Borinquen Place	NAV	NAV	NAV	97.0%	1,161,905	97,389	1,064,516	4,000	0	1,060,516	1.25	1.25	8.0%	8.0%	20,500,000	As Is
26	Loan		1	Home2 Suites Pensacola	2,751,929	12/31/2021	T-12	79.7%	4,641,737	2,560,581	2,081,157	185,669	0	1,895,487	2.04	1.86	16.4%	14.9%	22,500,000	As Is
27	Loan	4, 12, 16, 27	1	828 New York Avenue	NAV	NAV	NAV	97.0%	970,432	91,530	878,902	5,065	2,650	871,187	1.26	1.25	9.6%	9.5%	16,300,000	As Is
28	Loan	30	1	8 Hook Road	NAV	NAV	NAV	95.0%	1,332,649	352,762	979,887	9,795	13,060	957,032	1.43	1.40	11.5%	11.3%	15,900,000	As Is
29	Loan	16, 27, 29	1	1281 Hoe Avenue	NAV	NAV	NAV	96.8%	947,429	175,284	772,146	13,500	0	758,646	1.30	1.28	9.1%	9.0%	14,100,000	As Is
30	Loan	6, 16, 28	3	Central Illinois Storage & Kentucky RV Portfolio	399,064	Various	Various	89.9%	1,690,195	587,881	1,102,315	23,866	0	1,078,448	1.82	1.78	14.1%	13.8%	13,000,000	As Is
30.01	Property		1	Southern Comfort RV Park	NAV	NAV	NAV	90.0%	1,196,340	386,218	810,122	6,800	0	803,322					7,840,000	As Is
30.02	Property		1	Central Illinois Storage South	296,438	12/31/2022	T-12	90.0%	376,143	153,646	222,497	13,440	0	209,057					3,900,000	As Is
30.03	Property		1	Central Illinois Storage North	102,626	12/31/2022	T-12	88.3%	117,712	48,017	69,695	3,626	0	66,069					1,260,000	As Is
31	Loan	4, 14, 16, 28	1	631 East 6th Street	NAV	NAV	NAV	97.0%	738,056	103,702	634,354	2,500	0	631,854	1.33	1.33	8.7%	8.7%	12,000,000	As Is
32	Loan	16, 27	1	2638 Decatur Avenue	NAV	NAV	NAV	96.9%	875,095	106,478	768,617	6,000	0	762,617	1.54	1.53	11.0%	10.9%	12,050,000	As Is
33	Loan	1, 7, 10, 19, 21	1	AutoNation	5,890,421	12/31/2021	T-12	91.4%	11,258,615	4,817,557	6,441,058	57,668	285,022	6,098,368	1.40	1.33	11.7%	11.1%	102,500,000	As Is
34	Loan		1	Chippewa Place	611,945	12/31/2022	T-12	95.0%	1,742,383	740,483	1,001,899	26,112	0	975,787	2.66	2.59	18.9%	18.4%	9,000,000	As Is
35	Loan	3, 16, 27	1	Washington Lofts	NAV	NAV	NAV	95.0%	613,395	144,942	468,453	9,504	0	458,949	1.30	1.28	9.0%	8.8%	7,500,000	As Is
36	Loan		1	Mini U Storage Vacaville	447,167	12/31/2021	T-12	86.8%	900,727	432,397	468,330	4,043	0	464,287	1.31	1.30	9.2%	9.1%	8,280,000	As Is
37	Loan	16, 18	1	La Provence Apartments	NAV	NAV	NAV	92.9%	857,808	244,969	612,839	14,000	0	598,839	1.56	1.52	12.3%	12.0%	7,700,000	As Is
38	Loan		1	The Hill	NAV	NAV	NAV	86.3%	1,779,443	1,250,934	528,509	32,250	0	496,259	1.43	1.34	12.9%	12.1%	8,400,000	As Is
39	Loan	13, 16	1	242 Montrose Avenue	NAV	NAV	NAV	98.0%	429,384	35,146	394,238	1,400	0	392,838	1.32	1.32	9.6%	9.6%	7,100,000	As Is

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Appraisal Date	Cut-off Date LTV Ratio (%)	LTV Ratio at Maturity / ARD (%)	Leased Occupancy (%)	Occupancy Date	Single Tenant (Y/N)	Largest Tenant	Largest Tenant SF	Largest Tenant % of NRA	Largest Tenant Lease Expiration Date
						5, 7	5, 7	3,4			4, 21, 22, 23, 28
1	Loan	1, 4, 7, 12, 16, 18, 20, 27, 28, 33	1	620 W 153rd Street	2/28/2024	57.0%	57.0%	89.9%	4/1/2024	NAP	NAP	NAP	NAP	NAP
2	Loan	1, 4, 5, 6, 7, 10, 12, 16, 18, 19, 23, 27, 28	20	GNL Industrial Portfolio	Various	53.8%	53.8%	100.0%	5/6/2024
2.01	Property		1	FCA USA - Detroit, MI	2/29/2024			100.0%	5/6/2024	Yes	Fiat Chrysler	997,022	100.0%	7/2/2030
2.02	Property		1	Grupo Antolin - Shelby Township, MI	2/29/2024			100.0%	5/6/2024	Yes	Grupo Antolin	359,807	100.0%	10/31/2032
2.03	Property		1	Follett School - McHenry, IL	2/28/2024			100.0%	5/6/2024	Yes	Follett School Solutions	486,868	100.0%	12/31/2029
2.04	Property		1	Shaw Aero - Naples, FL	3/5/2024			100.0%	5/6/2024	Yes	Shaw Aero Devices	130,581	100.0%	12/31/2032
2.05	Property		1	Kuka - Sterling Heights, MI	2/29/2024			100.0%	5/6/2024	Yes	KUKA Systems	200,000	100.0%	6/30/2034
2.06	Property		1	ZF Active Safety - Findlay, OH	3/1/2024			100.0%	5/6/2024	Yes	ZF Active Safety	216,300	100.0%	10/31/2033
2.07	Property		1	CF Sauer - 184 Suburban	3/1/2024			100.0%	5/6/2024	Yes	Sauer Brands	106,066	100.0%	7/31/2039
2.08	Property		1	CF Sauer - 728 N Main St.	2/29/2024			100.0%	5/6/2024	Yes	Sauer Brands	247,000	100.0%	7/31/2039
2.09	Property		1	Walgreens Boot Alliance - Pittsburgh, PA	2/28/2024			100.0%	5/6/2024	Yes	Walgreens	85,646	100.0%	11/30/2030
2.10	Property		1	Hannibal - Houston, TX	2/28/2024			100.0%	5/6/2024	Yes	Hannibal Industries	109,000	100.0%	9/30/2029
2.11	Property		1	FedEx IV - Lexington, KY	3/7/2024			100.0%	5/6/2024	Yes	FedEx Ground	138,487	100.0%	4/30/2032
2.12	Property		1	VersaFlex - Kansas City, KS	3/4/2024			100.0%	5/6/2024	Yes	VersaFlex	113,000	100.0%	12/31/2038
2.13	Property		1	Cott Beverage Inc - Sikeston, MO	2/28/2024			100.0%	5/6/2024	Yes	Cott Beverages	170,000	100.0%	1/31/2027
2.14	Property		1	Dunlop Protective Footwear - Havre De Grace, MD	3/1/2024			100.0%	5/6/2024	Yes	Dunlop Protective Footwear	120,000	100.0%	1/17/2031
2.15	Property		1	CSTK - St. Louis, MO	2/29/2024			100.0%	5/6/2024	Yes	Central States Thermo King	56,029	100.0%	3/25/2030
2.16	Property		1	CF Sauer - 39 S Park Dr.	2/29/2024			100.0%	5/6/2024	Yes	Sauer Brands	152,000	100.0%	7/31/2039
2.17	Property		1	AM Castle - Wichita, KS	3/5/2024			100.0%	5/6/2024	Yes	A.M. Castle & Co	127,600	100.0%	10/31/2029
2.18	Property		1	CF Sauer - 9 Old Mill Road	2/29/2024			100.0%	5/6/2024	Yes	Sauer Brands	80,000	100.0%	7/31/2039
2.19	Property		1	CF Sauer - 2447 Eunice Avenue	3/4/2024			100.0%	5/6/2024	Yes	Sauer Brands	6,900	100.0%	7/31/2039
2.20	Property		1	CF Sauer - 513 West Butler Road	2/29/2024			100.0%	5/6/2024	Yes	Sauer Brands	6,000	100.0%	7/31/2039
3	Loan	2, 7, 10, 12, 20, 24, 31	1	28-40 West 23rd Street	2/15/2024	36.9%	36.9%	73.5%	4/1/2024	No	Aramis - Estee Lauder	240,500	41.6%	1/31/2028
4	Loan	1	1	Galleria at Sunset	11/28/2023	51.5%	48.2%	83.2%	1/1/2024	No	Dick's Sporting Goods	81,312	18.4%	1/31/2028
5	Loan	1, 6, 7, 16, 19, 23, 31, 32	4	Vero Office Portfolio	Various	55.2%	55.2%	82.4%	12/31/2023
5.01	Property		1	Imperial Center	1/23/2024			69.7%	12/31/2023	No	Bioventus, LLC	52,121	12.7%	9/30/2028
5.02	Property		1	Parkway Avalon	1/17/2024			89.0%	12/31/2023	No	Open Text - GXS	41,382	21.0%	4/30/2029
5.03	Property		1	Apex 190	1/17/2024			100.0%	12/31/2023	No	Paragon Healthcare, Inc.	103,249	55.4%	12/31/2030
5.04	Property		1	Fairview	1/17/2024			85.6%	12/31/2023	No	SPIN SYSTEMS INC.	24,513	12.6%	8/31/2028
6	Loan	1, 7, 13, 16, 19, 26, 33	1	Coastline Apartments	1/3/2024	72.8%	72.8%	97.3%	1/18/2024	NAP	NAP	NAP	NAP	NAP
7	Loan	13, 19	1	Sheraton Park City	12/27/2023	51.1%	51.1%	53.8%	2/29/2024	NAP	NAP	NAP	NAP	NAP
8	Loan	23	1	McGaw Commerce Center	2/14/2024	64.9%	64.9%	94.6%	2/8/2024	No	BA Products	82,446	29.3%	9/30/2027
9	Loan	1, 5, 7, 19, 22	1	Kenwood Towne Centre	1/23/2024	45.5%	45.5%	95.2%	12/31/2023	No	Macy's	262,829	25.4%	9/10/2028
10	Loan	1, 7, 19, 24	1	Staten Island Mall	8/22/2023	42.8%	42.8%	87.3%	11/30/2023	No	Primark	73,647	7.4%	6/30/2027
11	Loan	13, 23, 31	1	Rialto I & II	1/18/2024	67.4%	67.4%	91.5%	3/15/2024	No	LJA Engineering, Inc.	29,032	18.7%	4/30/2029
12	Loan	4, 7, 12, 13, 21, 23, 31	1	1812 North Moore	2/20/2024	54.9%	53.5%	83.8%	3/1/2024	No	Nestle USA, Inc.	299,779	55.1%	11/30/2032
13	Loan	19	1	Homewood Suites San Diego Mission Valley Zoo	3/4/2024	62.5%	62.5%	93.1%	2/29/2024	NAP	NAP	NAP	NAP	NAP
14	Loan	7, 16, 19	1	Respara	1/5/2024	66.1%	66.1%	96.3%	2/1/2024	NAP	NAP	NAP	NAP	NAP
15	Loan	4, 19, 23	1	Point Plaza West	11/8/2023	58.8%	56.2%	90.7%	3/18/2024	No	State of WA - Dept. of Social and Health Services (DSHS)	78,396	39.0%	31,320 SF expiring 1/31/2027; 15,836 SF expiring 4/30/2027; 31,240 SF expiring 2/28/2029
16	Loan	2, 19	1	6 Columbus Hotel	1/1/2024	56.5%	56.5%	62.0%	1/31/2024	No	Blue Ribbon Sushi Bar & Grill	3,167	100.0%	NAP
17	Loan	1, 7, 16, 19	1	Lexmark	1/11/2024	62.0%	62.0%	100.0%	5/6/2024	Yes	Lexmark	1,449,072	100.0%	12/31/2043
18	Loan	16, 27	1	352 Meeker Avenue	12/6/2023	64.8%	64.8%	100.0%	3/26/2024	NAP	NAP	NAP	NAP	NAP
19	Loan	1, 2, 4, 7, 17, 19, 27, 28	1	Casa Cipriani	8/10/2023	49.9%	47.5%	65.0%	12/31/2023	NAP	NAP	NAP	NAP	NAP
20	Loan	6, 16, 29	7	Cincinnati Multifamily Portfolio	2/28/2024	64.5%	64.5%	97.3%	4/8/2024
20.01	Property		1	3409, 3411, 3413 & 3415 McHenry Avenue	2/28/2024			95.8%	4/8/2024	NAP	NAP	NAP	NAP	NAP
20.02	Property		1	669 & 686 Gholson Avenue	2/28/2024			97.3%	4/8/2024	NAP	NAP	NAP	NAP	NAP
20.03	Property		1	810 North Fred Shuttlesworth Circle	2/28/2024			95.8%	4/8/2024	NAP	NAP	NAP	NAP	NAP
20.04	Property		1	6390-6406 Gracely Drive	2/28/2024			97.0%	4/8/2024	NAP	NAP	NAP	NAP	NAP
20.05	Property		1	915 Dana Avenue	2/28/2024			100.0%	4/8/2024	NAP	NAP	NAP	NAP	NAP
20.06	Property		1	725 Greenwood Avenue	2/28/2024			95.8%	4/8/2024	NAP	NAP	NAP	NAP	NAP
20.07	Property		1	2606, 2614 & 2618 Montana Avenue	2/28/2024			100.0%	4/8/2024	NAP	NAP	NAP	NAP	NAP
	Loan	5, 6, 19	3	AHIP Virginia 3-Pack	12/4/2024	53.9%	53.9%	75.8%	1/31/2024
21.01	Property		1	Hampton Inn Emporia	12/4/2024			79.6%	1/31/2024	NAP	NAP	NAP	NAP	NAP
21.02	Property		1	Fairfield Inn & Suites South Hill	12/4/2024			85.6%	1/31/2024	NAP	NAP	NAP	NAP	NAP
21.03	Property		1	Hampton Inn Harrisonburg South	12/4/2024			64.9%	1/31/2024	NAP	NAP	NAP	NAP	NAP
22	Loan	4, 19	1	114 East 71st Street	1/5/2024	69.2%	69.2%	100.0%	2/1/2024	No	Gary Steven Berger and Kenneth R. Francis	2,000	60.1%	2/28/2026
23	Loan	7, 12, 13	1	Euclid Apartments	12/12/2023	68.8%	68.8%	95.4%	1/11/2024	NAP	NAP	NAP	NAP	NAP
24	Loan	2, 16, 19, 20	1	485 Locust Avenue	10/17/2023	53.8%	53.8%	96.6%	2/15/2024	No	Kochvei Ohr Special Needs	26,277	35.0%	6/30/2028
25	Loan	4, 14, 16, 27, 28	1	55 Borinquen Place	12/6/2023	64.9%	64.9%	68.8%	2/21/2024	NAP	NAP	NAP	NAP	NAP
26	Loan		1	Home2 Suites Pensacola	1/25/2024	56.4%	56.4%	79.7%	1/31/2024	NAP	NAP	NAP	NAP	NAP
27	Loan	4, 12, 16, 27	1	828 New York Avenue	12/18/2023	56.4%	56.4%	100.0%	1/25/2024	NAP	Kareful and Karefree Training School	2,650	100.0%	7/1/2028
28	Loan	30	1	8 Hook Road	2/8/2024	53.5%	53.5%	100.0%	5/6/2024	Yes	United Porte Inc.	65,300	100.0%	2/28/2033
29	Loan	16, 27, 29	1	1281 Hoe Avenue	12/22/2023	59.9%	59.9%	100.0%	3/25/2024	NAP	NAP	NAP	NAP	NAP
30	Loan	6, 16, 28	3	Central Illinois Storage & Kentucky RV Portfolio	Various	60.0%	60.0%	Various	3/19/2024
30.01	Property		1	Southern Comfort RV Park	2/3/2024			100.0%	3/19/2024	NAP	NAP	NAP	NAP	NAP
30.02	Property		1	Central Illinois Storage South	2/8/2024			95.2%	3/19/2024	NAP	NAP	NAP	NAP	NAP
30.03	Property		1	Central Illinois Storage North	2/8/2024			95.5%	3/19/2024	NAP	NAP	NAP	NAP	NAP
31	Loan	4, 14, 16, 28	1	631 East 6th Street	11/21/2023	60.4%	60.4%	90.0%	2/28/2024	NAP	NAP	NAP	NAP	NAP
32	Loan	16, 27	1	2638 Decatur Avenue	2/1/2024	58.1%	58.1%	100.0%	4/5/2024	NAP	NAP	NAP	NAP	NAP
33	Loan	1, 7, 10, 19, 21	1	AutoNation	11/15/2023	53.7%	53.7%	92.5%	10/31/2023	No	AutoNation	158,892	77.1%	12/31/2029
34	Loan		1	Chippewa Place	2/20/2024	58.9%	58.9%	100.0%	4/1/2024	NAP	NAP	NAP	NAP	NAP
35	Loan	3, 16, 27	1	Washington Lofts	2/9/2024	69.5%	69.5%	97.2%	2/1/2024	NAP	NAP	NAP	NAP	NAP
36	Loan		1	Mini U Storage Vacaville	1/31/2024	61.4%	61.4%	86.2%	2/27/2024	NAP	NAP	NAP	NAP	NAP
37	Loan	16, 18	1	La Provence Apartments	1/8/2024	64.9%	64.9%	94.6%	2/29/2024	NAP	NAP	NAP	NAP	NAP
38	Loan		1	The Hill	12/4/2023	48.8%	48.1%	91.5%	12/4/2023	NAP	NAP	NAP	NAP	NAP
39	Loan	13, 16	1	242 Montrose Avenue	1/31/2024	57.7%	57.7%	100.0%	1/19/2024	NAP	NAP	NAP	NAP	NAP

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-255934-12

Footnotes to Annex A

(1)	“BMO” denotes Bank of Montreal as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller, “GACC” denotes German American Capital Corporation as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “WFB” denotes Wells Fargo Bank, National Association as Mortgage Loan Seller, “AREF2” denotes Argentic Real Estate Finance 2 LLC as Mortgage Loan Seller “GSMC” denotes Goldman Sachs Mortgage Company as Mortgage Loan Seller, and “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller. With respect to Loan No. 1, 620 W 153rd Street, the mortgage loan is part of a whole loan that was co-originated by BMO and AREF2. A portion of such mortgage loan was subsequently acquired by SMC. With respect to Loan No. 2, GNL Industrial Portfolio, the mortgage loan is part of a whole loan that was co-originated by BMO, Barclays Capital Real Estate Inc., Societe Generale Financial Corporation and KeyBank National Association. With respect to Loan No. 4, Galleria at Sunset, the mortgage loan was co-originated by WFB and AREF2. With respect to Loan No. 5, Vero Office Portfolio, the whole loan was originated on March 1, 2024 by Goldman Sachs Bank USA (“GS”). GS completed a sale of the controlling note A-1 and non-controlling note A-2 to AREF2 on March 6, 2024. With respect to Loan No. 6, Coastline Apartments, the mortgage loan is part of a whole loan that was co-originated by BMO and AREF2. With respect to Loan No. 9, Kenwood Towne Centre, the mortgage loan was co-originated by WFB, Goldman Sachs Bank USA and Societe Generale Financial Corporation. With respect to Loan No. 10, Staten Island Mall, the mortgage loan is part of a whole loan that was co-originated by Deutsche Bank AG, New York Branch, Barclays Capital Real Estate Inc. and WFB. With respect to Loan No. 17, Lexmark, the mortgage loan is part of a whole loan that was co-originated by UBS AG and CREFI. With respect to Loan No. 19, Casa Cipriani, the mortgage loan is part of a whole loan that was co-originated by AREF2, CREFI, and JP Morgan Chase Bank, National Association. With respect to Loan No. 33, AutoNation, the mortgage loan is part of a whole loan that was co-originated by AREF2 and Barclays Capital Real Estate Inc.

(2)	With respect to Loan No. 3, 28-40 West 23rd Street, the mortgaged property consists of 459,605 square feet of office space accounting for 77.4% of adjusted base rent and 118,500 square feet of retail space leased to Home Depot accounting for 22.6% of adjusted base rent. With respect to Loan No. 16, 6 Columbus Hotel, the mortgaged property is comprised of an 88-room full service hotel and 3,167 square feet of retail space which is 100.0% occupied by Blue Ribbon Sushi Bar & Grill. With respect to Loan No. 19, Casa Cipriani, the mortgaged property is comprised of a 146,486 square foot, 47-room luxury hotel, event space and private members club. With respect to Loan No. 24, 485 Locust Avenue, the mortgaged property consists of 48,773 square feet of retail and storage space accounting for 67.7% of adjusted base rent and 26,277 square feet of office space accounting for 32.3% of adjusted base rent.

(3)	Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. With respect to Loan No. 35, Washington Lofts, a parking lot parcel at the mortgaged property is subject to a ground lease with annual payments of $1 with no rent escalations that is set to expire on October 17, 2079.

(4)	In certain cases, the mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy. For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See “Description of the Mortgage Pool—Tenant Issues— Rights to Sublease” and “--Tenants Not Yet in Occupancy or in a Free Rent Period, Leases Under Negotiation and LOIs” in the prospectus. With respect to Loan No. 1, 620 W 153rd Street, the mortgaged property contains three commercial units totaling 31,306 square feet of commercial space, which are 100% occupied by two retail tenants which represent approximately 7.0% of the net rental income from the 620 W 153rd Street mortgaged property. The information regarding occupancy and number of units shown does not include any commercial space at the 620 W 153rd Street mortgaged property unless otherwise indicated herein. With respect to Loan No. 2, GNL Industrial Portfolio, the sole tenant at the CF Sauer - 2447 Eunice Avenue mortgaged property, Sauer Brands, subleases the entire space at the CF Sauer - 2447 Eunice Avenue mortgaged property to Food Transport of FL, Inc. Underwriting for the mortgage loan was based on the lease between Sauer Brands and the related borrower. With respect to Loan No. 12, 1812 North Moore, the Fourth Largest Tenant, Graham Holdings Company executed a lease dated April 2, 2024. Graham Holdings Company has a lease commencement date of May 2025 and a rent commencement date of September 2025. With respect to Loan No. 12, 1812 North Moore, the Fifth Largest Tenant, National Electrical Manufacturers Association, executed a lease dated January 6, 2024. National Electrical Manufacturers Association has a lease commencement date of January 2025. With respect to Loan No. 15, Point Plaza West, the Largest Tenant, State of WA – Dept. of Social and Health Services (DSHS), has 31,320 square feet of office space that expires on January 31, 2027, 15,836 square feet of office space that expires on April 30, 2027, and 31,240 square feet of office space that expires on February 28, 2029. With respect to Loan No. 15, Point Plaza West, the Largest Tenant, DSHS, has the option to terminate a portion of its space (31,240 square feet) if federal funds for the space are reduced by 50% or more or not allocated by the U.S. Congress, with written notice of at least 90 days. With respect to Loan No. 19, Casa Cipriani, the information regarding occupancy is based on the hotel component of the mortgaged property. With respect to Loan No. 22, 114 East 71st Street, the mortgaged property consists of 14 multifamily units and 3,327 square feet of medical office space. With respect to Loan No. 25, 55 Borinquen Place, the mortgaged property was 68.8% leased as of February 21, 2024. The borrower sponsor entered into a master lease for the five vacant units which would equate to 100.0% occupancy at the mortgaged property after giving effect to such master lease. With respect to Loan No. 27, 828 New York Avenue, the mortgaged property consists of 24 multifamily units and 2,650 square feet of retail space. With respect to Loan No. 31, 631 East 6th Street, the mortgaged property was 90.0% leased as of February 28, 2024. The borrower sponsor entered into a master lease for the one vacant unit which would equate to 100.0% occupancy at the mortgaged property after giving effect to such master lease.

(5)	With respect to all mortgage loans, with the exceptions of the mortgage loans listed identified in “Description of the Mortgage Pool—Certain Calculations and Definitions” in the prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided “as-stabilized” values based on certain criteria being met. With respect to Loan No. 2, GNL Industrial Portfolio, the appraised value represents the aggregate of the “as-is” appraised values of the GNL Industrial Portfolio mortgaged properties, which results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 53.8%. The individual appraisal valuation dates are between February 28, 2024, and March 7, 2024. With respect to Loan No. 9, Kenwood Towne Centre, the total SF consists of 770,312 SF of owned improvements and 262,829 SF of leased fee improvements. The Cut-off Date Balance Per SF, Maturity Date Balance Per SF, and As-Is Appraised Value Per SF are based on the total SF of 1,033,141. The Cut-off Date Balance Per SF, Maturity Date Balance Per SF, and As-Is Appraised Value Per SF based on the owned SF of 770,312 is $337.53, $337.53, and $741.52, respectively. With respect to Loan No. 21, AHIP Virginia 3-Pack, the appraised value represents the aggregate sum of “Prospective Market Value Upon Completion” appraised values of the AHIP Virginia 3-Pack Properties as of December 4, 2024, in addition to the value of the excess land parcels, as of December 5, 2023, for the Hampton Inn Emporia Property and the Hampton Inn Harrisonburg South Property. The “Prospective Market Value Upon Completion” values assume the planned PIP renovations are completed at each property. The property manager expects the hotel brands to impose a $4,860,000 PIP ($20,000 a key) in association with the franchise extensions. The loan was structured with an upfront $5,500,000 PIP Reserve for the completion of the improvements. In addition, the Hampton Inn Harrisonburg South has $300,000 of excess land value and the Hampton Inn Emporia has $150,000 of excess land value, both of which serve as collateral for the mortgage loan.

(6)	For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Cut-off Date Balance ($) and Maturity / ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation. • Loan No. 2, GNL Industrial Portfolio • Loan No. 5, Vero Office Portfolio • Loan No. 20, Cincinnati Multifamily Portfolio • Loan No. 21, AHIP Virginia 3-Pack • Loan No. 30, Central Illinois Storage & Kentucky RV Portfolio

(7)	The Original Balance ($), Cut-off Date Balance ($), and Maturity / ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled “Whole Loan Summary” and “Whole Loan Controlling Notes and Non-Controlling Notes” in “Description of the Mortgage Pool—The Whole Loans” in the prospectus. • Loan No. 1, 620 W 153rd Street • Loan No. 2, GNL Industrial Portfolio • Loan No. 3, 28-40 West 23rd Street • Loan No. 5, Vero Office Portfolio • Loan No. 6, Coastline Apartments • Loan No. 9, Kenwood Towne Centre • Loan No. 10, Staten Island Mall • Loan No. 12, 1812 North Moore • Loan No. 14, Respara • Loan No. 17, Lexmark • Loan No. 19, Casa Cipriani • Loan No. 23, Euclid Apartments • Loan No. 33, AutoNation

(8)	The Administrative Fee Rate % includes the Servicing Fee, the Operating Advisor Fee, the Certificate Administrator/Trustee Fee, the Asset Representations Reviewer Fee and the CREFC® Intellectual Property Royalty License Fee applicable to each mortgage loan.

(9)	For the mortgage loans with an interest-only period that accrues interest on an Actual/360 basis, the Monthly Debt Service (IO) ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.

(10)	With respect to Loan No. 2, GNL Industrial Portfolio, the borrowers have a five-day Grace Period (Default) once per calendar year so long as the borrowers’ failure to pay debt service on the due date was not in the borrowers’ reasonable control. The grace period does not require notice to the lender and does not apply to the balloon payment. With respect to Loan No. 3, 28-40 West 23rd Street, a Grace Period – (Late Payment) is zero days for the outstanding principal balance due at maturity and three days for the monthly payment of interest once in any three hundred sixty-six (366) day period. With respect to Loan No. 33, AutoNation, the borrower has a Grace Period (Late Payment) of five days for all amounts owed under the mortgage loan, excluding any amounts due on the maturity date.

(11)	Intentionally Blank.

(12)	The “L” component of the prepayment provision represents lockout payments. The “D” component of the prepayment provision represents defeasance payments. The “YM” component of the prepayment provision represents yield maintenance payments. The “YM1” component of the prepayment provision represents the greater of (i) yield maintenance or (ii) 1% of the outstanding principal balance of the mortgage loan at the time of prepayment. The “1%” component of the prepayment provision represents 1% of the outstanding principal balance of the mortgage loan at the time of prepayment. The “O” Component of the prepayment provision represents the free payments including the Maturity Date. Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in the prospectus. With respect to Loan No. 1, 620 W 153rd Street, the borrowers may defease the 620 W 153rd Street whole loan in whole (but not in part) at any time after the earlier to occur of (x) April 2, 2027 and (y) the date that is two years after the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payments is based on the expected BMO 2024-5C4 securitization closing date in May 2024. The actual lockout period may be longer. With respect to Loan No. 2, GNL Industrial Portfolio, on any payment date following (a) April 5, 2025 (with payment of a yield maintenance premium) or (b) the earlier of two years following the last note to be securitized or April 5, 2027 (with a partial defeasance), the borrowers may obtain the release of any of the GNL Industrial Portfolio mortgaged properties with 15 days’ notice if the following conditions (among others) are met: (i) no event of default has occurred and is continuing; (ii) the borrowers pay all costs and provide customary documentation as described in the GNL Industrial Portfolio whole loan documents; (iii) as of the date of consummation of the partial release, (a) the debt service coverage ratio with respect to the remaining GNL Industrial Portfolio mortgaged properties (as determined in accordance with the terms of the GNL Industrial Portfolio whole loan documents) will be no less than 2.12x (i.e., the debt service coverage ratio as of the origination date) or (b) if the released GNL Industrial Portfolio mortgaged property is an individual property, that as of the proposed partial release date for such property, and as reasonably determined by the lender, (i) is vacant and/or (ii) at which the tenant is not paying rent in violation of the applicable lease (such property, a “Distressed Property”), then such debt service coverage ratio with respect to the remaining individual GNL Industrial Portfolio mortgaged properties will be no less than 1.80x; (iv) as of the date of consummation of the partial release, (a) the debt yield with respect to the remaining individual GNL Industrial Portfolio mortgaged properties (as determined in accordance with the terms of the GNL Industrial Portfolio whole loan documents) will be no less than 12.63% (i.e., the debt yield as of the origination date) or (b) if the released property is a Distressed Property, then such debt yield with respect to the remaining individual GNL Industrial Portfolio mortgaged properties will be no less than 10.75%; (v) payment of the release amount equal to (a) 130% of the allocated loan amount for such individual GNL Industrial Portfolio mortgaged property if such individual property is a Distressed Property and (b) 115% of the allocated loan amount for such individual GNL Industrial Portfolio mortgaged property for all other individual properties (including any applicable yield maintenance premium); and (vi) the satisfaction of customary REMIC requirements. If the related borrower effectuates a partial release of the CF Sauer – 9 Old Mill Road mortgaged property while the CF Sauer – 728 N Main St. mortgaged property remains subject to the lien of the security instrument, then as a condition to the partial release of the CF Sauer – 9 Old Mill Road mortgaged property, such borrower is required to enter into and record a reciprocal easement agreement that grants ingress and egress rights and easements for parking and access that provide the CF Sauer – 728 N Main St. mortgaged property with ingress, egress, parking and access comparable to that existing as of the origination date. With respect to Loan No. 3, 28-40 West 23rd Street, the lockout period will be at least 25 payment dates beginning with and including the first payment date in May 2024. Defeasance of the 28-40 West 23rd Street whole loan in full is permitted at any time after the earlier to occur of (i) April 5, 2027 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 months is based on the anticipated closing date of the BMO 2024-5C4 securitization trust in May 2024. The actual lockout period may be longer. With respect to Loan No. 12, 1812 North Moore, the lockout period will be at least 24 payment dates beginning with and including the first payment date in June 2024. Defeasance of the 1812 North Moore whole loan in full is permitted at any time after the earlier to occur of (i) April 10, 2028 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 months is based on the anticipated closing date of the BMO 2024-5C4 securitization trust in May 2024. The actual lockout period may be longer. With respect to Loan No. 23, Euclid Apartments, the lockout period will be at least 24 payments beginning with and including the first payment date of March 6, 2024. Defeasance of the Euclid Apartments whole loan in whole is permitted after the date that is two years from the closing date of the securitization that includes the last note to be securitized. The assumed lockout period of 27 payments is based on the closing date of the BMO 2024-5C4 securitization trust in May 2024. The actual lockout period may be longer.

(13)	Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Indebtedness—Existing Mezzanine Debt,” “—Preferred Equity and Preferred Return Arrangements” and “Certain Legal Aspects of the Mortgage Loans” in the prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future. With respect to Loan No. 6, Coastline Apartments, PMRP V Coastline, L.L.C. originated a mezzanine loan (the “Coastline Apartments Mezzanine Loan”) in the amount of $11,500,000, secured by the direct equity ownership in the borrowers of the whole loan. The Coastline Apartments Mezzanine Loan is coterminous with the whole loan. The Coastline Apartments Mezzanine Loan accrues interest at a rate of 12.50000% per annum and requires interest-only payments until its maturity date. With respect to Loan No. 7, Sheraton Park City, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, the combined LTV does not exceed 75.0%, the combined DSCR is not less than 1.40x, the combined debt yield is not less than 15.00% and the mezzanine lender executes and delivers an intercreditor agreement that is acceptable to the lender. With respect to Loan No. 11, Rialto I & II, the borrower is permitted to obtain one or more mezzanine loans provided, among other conditions, the combined LTV does not exceed 67.4%, the combined DSCR is not less than 1.37x, and the combined debt yield is not less than 11.30%. With respect to Loan No. 12, 1812 North Moore, the borrower is permitted to obtain future mezzanine financing secured by a pledge of the direct or indirect ownership interests in the borrower subject to certain conditions, including, among others, (i) at the time of origination of such permitted mezzanine debt (x) the combined debt service coverage ratio of the 1812 North Moore whole loan and any permitted mezzanine debt must be at least equal to 1.73x to the extent the determination date is prior to May 6, 2026 and 1.55x to the extent the determination date is on or after May 6, 2026, (y) the combined debt yield of the 1812 North Moore whole loan and any permitted mezzanine debt must be at least equal to 13.25% and (z) execution of an intercreditor agreement acceptable to the lender and satisfactory to the rating agencies. With respect to Loan No. 23, Euclid Apartments, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio may not exceed 68.8%, (y) the combined debt service coverage ratio, is greater than 1.45x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender, and (iii) receipt of a rating agency confirmation from each applicable rating agency. With respect to Loan No. 27, 828 New York Avenue, if the Section 421-a Reserve Standard is not achieved before February 12, 2025, the borrower is required to prepay a portion of the principal amount of the loan equal to $1,350,000. Section 421-a Reserve Standard means (i) the lender has received Certificate of Eligibility evidencing the implementation of the 421-a tax abatement, and (ii) underwritten debt yield is equal to or greater than 8.5%. With respect to Loan No. 39, 242 Montrose Avenue, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio may not exceed 57.7%, (y) the combined debt service coverage ratio, is greater than 1.11x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender, and (iii) receipt of a rating agency confirmation from each applicable rating agency.



(14)	The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the origination date during the term of the mortgage loan. For purposes of determining the debt service coverage ratio and debt yield for a residential cooperative mortgage loan, the Underwritten NOI DSCR (x) and the Underwritten NCF DSCR (x) for a residential cooperative property is the projected net cash flow reflected in an appraisal of such residential cooperative property. With respect to Loan No. 25, 55 Borinquen Place, the UW NOI DSCR and UW NCF DSCR, which both equal 1.25x, assume a stabilized underwritten vacancy of 3.0%, giving credit to rent payments due under the five unleased units that are currently subject to a master lease, versus an in-place economic vacancy of 17.7%. Assuming the in-place economic vacancy, the UW NOI DSCR and the UW NCF DSCR would both be 1.05x. The mortgage loan was structured to include a $212,280 rent reserve to be released to the borrower, upon the satisfaction of certain conditions, including, but not limited to, (i) no event of default under the mortgage loan then exists, (ii) the borrower has provided a certified rent roll with 100% occupancy, (iii) the borrower has provided the executed leases for the five affordable unleased units and (iv) the DSCR (based on trailing one-month income, annualized, and underwritten expenses) is greater than or equal to 1.25x. With respect to Loan No. 31, 631 East 6th Street, the UW NOI DSCR and UW NCF DSCR, which both equal 1.33x, assume a stabilized underwritten vacancy of 3.0%, giving credit to rent payments due under the one unleased unit that is currently subject to a master lease, versus an in-place economic vacancy of 16.6%. Assuming the in-place economic vacancy, the UW NOI DSCR and the UW NCF DSCR would both be 1.12x. The mortgage loan was structured to include a $650,000 economic performance holdback to be released to the borrower, upon the satisfaction of certain conditions, including, but not limited to, (i) no event of default or sweep event period under the mortgage loan then exists, (ii) the borrower has provided evidence that the mortgaged property is 100% occupied by tenants that are not affiliates of the borrower or guarantor and (iii) the debt yield (based on trailing one-month income, annualized, and the greater of (i) underwritten expenses and (ii) trailing 12-month operating expenses, if available) is greater than or equal to 8.7%.

(15)	In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing.

(16)	With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction. With respect to Loan No. 1, 620 W 153rd Street, historical financial information is not available because the improvements were completed in 2023. With respect to Loan No. 2, GNL Industrial Portfolio, fourth most recent revenue is unavailable because the GNL Industrial Portfolio properties were acquired by the borrower sponsor on various dates between 2014 and 2020. With respect to Loan No. 5, Vero Office Portfolio, full year 2020 and 2021 financials are not available as the borrower sponsor purchased the mortgaged properties between October and December 2021. With respect to Loan No. 6, Coastline Apartments, the 4th Most Recent NOI is not available as the borrower sponsor acquired the mortgaged property in June 2021. With respect to Loan No. 14, Respara, historical financials are not available as the Respara Property was delivered in December 2022 and has been undergoing lease up. With respect to Loan No. 17, Lexmark, historical financials are not available because the mortgaged property was recently acquired in December 2023 as part of an all-cash sale leaseback transaction for $126,948,000. With respect to Loan No. 18, 352 Meeker Avenue, historical financial information is not available due to the recent development of the mortgaged property. With respect to Loan No. 20, Cincinnati Multifamily Portfolio, historical financial information prior to 2023 is not available as the sponsor acquired the mortgaged properties in various transactions in 2021 and 2022. With respect to Loan No. 24, 485 Locust Avenue, historical financials are not available as the mortgaged property was acquired by the borrower sponsor in 2019 and subsequently gut renovated in 2023. With respect to Loan No. 25, 55 Borinquen Place, historical financial information is not available due to the recent development of the mortgaged property. With respect to Loan No. 27, 828 New York Avenue, historical financial information is not available as the mortgaged property was built in 2023. With respect to Loan No. 29, 1281 Hoe Avenue, historical financial information prior to the most recent operating period is not available due to the recent development of the mortgaged property. With respect to Loan No. 30, Central Illinois Storage & Kentucky RV Portfolio, historical financial information for the Southern Comfort RV Park mortgaged property is not available because the Southern Comfort RV Park mortgaged property was acquired in 2023. With respect to Loan No. 31, 631 East 6th Street, historical financial information prior to the most recent operating period is not available due to the recent renovation of the mortgaged property. With respect to Loan No. 32, 2638 Decatur Avenue, historical financial information is not available due to the recent development of the mortgaged property. With respect to Loan No. 35, Washington Lofts, historical financial information is not available due to the recent redevelopment of the mortgaged property. With respect to Loan No. 37, La Provence Apartments, historical financial information is not available as the mortgaged property was acquired in February 2022 and then converted to its current multifamily use. The renovation work was completed in 2023. With respect to Loan No. 39, 242 Montrose Avenue, historical financial information is not available as the mortgaged property was acquired in September 2022 and went through renovations in 2023.


(17)	With respect to Loan No. 19, Casa Cipriani, the City of New York, as landlord, leases certain real property (including the Casa Cipriani mortgaged property) commonly known as the Battery Maritime Building to the New York City Economic Development Corporation, a New York not for profit corporation (“NYCEDC”), as tenant, pursuant to a ground lease dated July 1, 2012 (the “Master Ground Lease”). The borrower’s subleasehold interest in the Casa Cipriani mortgaged property is governed by a ground sublease (the “Ground Lease”) dated August 15, 2018, between the NYCEDC, as the lessor, and the borrower, as the lessee. Each of the Master Ground Lease and the Ground Lease has a term expiring on June 30, 2061 followed by five, ten-year extension options. The current annual base ground rent as of the Cut-off Date is $2,087,004 with consumer price index increases each July 1. The Ground Lease is a sublease of, and subject and subordinate to, the Master Ground Lease.

(19)	Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents. With respect to Loan No. 2, GNL Industrial Portfolio, during the continuance of a cash sweep period, the borrowers are required to deposit into an account for repairs and replacements, on a monthly basis, an amount equal to 1/12th of $0.15 multiplied by the total number of rentable square feet. In the event of a partial release, the monthly deposit will be reduced by an amount equal to 1/12th of the product obtained by multiplying $0.15 by the total number of rentable square feet of the individual mortgaged property that is subject of such partial release. With respect to Loan No. 2, GNL Industrial Portfolio, during a cash sweep period, the borrowers are required to deposit into a reserve for tenant improvements and leasing commissions, on a monthly basis, an amount equal to 1/12th of $0.25 multiplied by the total number of rentable square feet. In the event of a partial release, the monthly deposit will be reduced by an amount equal to 1/12th of the product ob-tained by multiplying $0.25 by the total number of rentable square feet of the individual mortgaged prop-erty that is subject of such partial release. With respect to Loan No. 5, Vero Office Portfolio, if the DSCR is less than 1.50x for two consecutive fiscal quarters and continuing until the DSCR is equal to or greater than 1.55x for two consecutive fiscal quarters, monthly deposits (based on 1/12th of $1.50 per square foot) are required without consideration for the $2,000,000 and $5,000,000 thresholds described below. Otherwise, TI/LC monthly deposits (based on 1/12th of $1.30 per square foot) are required to be made to the TI/LC account commencing with the first payment date after the amount contained in the TI/LC account is less than $2,000,000 and those monthly deposits are subject to a TI/LC threshold cap equal to $5,000,000. With respect to Loan No. 6, Coastline Apartments, the borrower is required to replenish the required upgrade reserve (separate from the ongoing capital expenditure reserve) by $500 per rentable unit if the reserve balance falls below $200,000. With respect to Loan No. 7, Sheraton Park City, on a monthly basis in March, April and May of each year, commencing in 2025, the borrower is required to deposit $326,000, subject to a cap of $978,000. The lender is required to disburse from the seasonality reserve to the borrower on the first business day in (i) the month of June, $380,000 and (ii) the months of January, February, July, August, September, October, November and December, $74,750. With respect to Loan No. 7, Sheraton Park City, on a monthly basis, the borrower is required to escrow an amount equal to 1/12th of 4% of annual gross revenues, which currently equates to $46,804.71, for FF&E reserves. With respect to Loan No. 9, Kenwood Towne Centre, during the continuance of a reserve trigger period or cash management period, the borrower is required to make monthly deposits equal to 1/12th of the annual estimated tax payments during the next ensuing 12 months. With respect to Loan No. 9, Kenwood Towne Centre, during the continuance of a reserve trigger period or cash management period, the borrower is required to make monthly deposits equal to 1/12th of the annual estimated insurance payments, except if the Kenwood Towne Centre property is insured under a blanket policy meeting the requirements set forth in the related Kenwood Towne Centre whole loan documents (in which case, no insurance escrows will be required). With respect to Loan No. 9, Kenwood Towne Centre, on each monthly payment date, the borrower is required to escrow an amount equal to approximately $129,143 for rollover reserves, capped at $3,099,423. With respect to Loan No. 10, Staten Island Mall, the borrower may cure a cash management period by (a) partially prepaying the loan (including the applicable yield maintenance premium) in an amount that would cause the debt yield to be at least 11.0% or (b) posting cash or a letter of credit which if applied to the balance would cause the debt yield to be at least 11.0%. With respect to Loan No. 10, Staten Island Mall, the loan documents do not require ongoing monthly tax reserves provided, no cash management period is continuing. If such condition is not satisfied, the loan documents require ongoing monthly tax reserves in an amount equal to 1/12th of the tax payments that the lender reasonably estimates will be payable during the next ensuing 12 months. With respect to Loan No. 10, Staten Island Mall, the loan documents do not require ongoing monthly insurance reserves provided, no cash management period is continuing, and the borrower maintains insurance coverage for the Staten Island Mall Property as part of blanket or umbrella coverage reasonably approved by the lender and provides the lender with evidence of the renewals of the insurance policies and paid receipts for the payment of the insurance premiums prior to the expiration dates of the policies. If such conditions are not satisfied, the loan documents require ongoing monthly insurance reserves equal to 1/12 of the insurance premiums that the lender estimates will be payable for the renewal of coverage. With respect to Loan No. 10, Staten Island Mall, the loan documents do not require ongoing replacement reserves; provided, no cash management period is continuing. During the continuance of a cash management period, the loan documents require ongoing monthly deposits equal to 1/12th of $0.25 per owned leasable SF (initially $20,748) subject to a cap of 24 months of collections (initially $497,950). With respect to Loan No. 10, Staten Island Mall, the loan documents require an upfront deposit of $4,580,787 for outstanding tenant improvements and leasing commissions related to 12 tenants. During the continuance of a cash management period, the loan documents require ongoing monthly reposits equal to 1/12th of $1.00 per owned leasable SF (which initially shall be $82,992 for TI/LCs subject to a cap of 24 months collections ($1,991,800). With respect to Loan No. 10, Staten Island Mall, during the continuance of an anchor tenant trigger event, the loan documents require monthly deposits equal to all excess cash flows until the balance of the account is equal to $50 multiplied by the aggregate amount of gross leasable SF of the applicable anchor tenant space for tenant improvements and leasing commissions, budgeted construction costs, required landlord work and other related costs associated with re-tenanting the applicable space. With respect to Loan No. 13, Homewood Suites San Diego Mission Valley Zoo, the monthly deposits into the FF&E reserve are required to be equal to (x) $31,237 for the payment dates in May 2024 through April 2025 and (y) thereafter for the payment dates in May through April of the following year, the greater of (1) any franchise-mandated amount and (2) 1/12th of 4% of the borrower’s gross revenues over the trailing 12-month period. With respect to Loan No. 14, Respara, the loan documents do not require ongoing monthly insurance reserves; provided no event of default is continuing and the borrower maintains insurance coverage for the Respara Property as part of blanket or umbrella coverage reasonably approved by the lender, and provides the lender with evidence of the renewals of the insurance policies and paid receipts for the payment of the insurance premiums no later than 10 business days prior to the expiration dates of the policies. If such conditions are not satisfied, the loan documents require ongoing monthly insurance reserves in an amount equal to 1/12 of the insurance premiums that the lender reasonably estimates will be payable during the next ensuing 12 months. With respect to Loan No. 14, Respara, the loan documents require ongoing monthly deposits of $1,125 for replacement reserves, subject to a cap of $40,500 ($750/unit). With respect to Loan No. 15, Point Plaza West, the borrower is not required to make monthly insurance deposits as long as (i) no event of default has occurred or is continuing, (ii) the insurance is maintained pursuant to one or more blanket policies, (iii) the borrower timely provides lender with evidence of renewal of such policies, and (iv) the borrower provides the lender paid receipts of the insurance premiums no later than ten business days prior to the expiration of the policies. With respect to Loan No. 16, 6 Columbus Hotel, the borrower will make monthly deposits into the Seasonality Reserve in an amount of $137,500 on collection months. This reserve will be available to the borrower to cover operating shortfalls. The collection months will be in January, October, November, and December. Provided no event of default under the mortgage loan agreement is then continuing, any balance in the seasonality reserve on the September payment date of each year will be released to the borrower. The borrower will also make seasonality contributions to the seasonality reserve of $17,500 for the June and July 2024 payment dates. With respect to Loan No. 17, Lexmark, the borrower is required to deposit into a real estate tax reserve, on a monthly basis, 1/12th of the taxes that the lender estimates will be payable over the next-ensuing 12-month period. The borrower has no obligation to make required monthly deposits into the real estate tax reserve on any monthly payment date to the extent that the following conditions are satisfied on the date of such required monthly deposit: (i) no trigger period has occurred and is continuing, (ii) the specified tenant is responsible, pursuant to the terms of the specified tenant lease, for the direct payment of taxes to the applicable taxing authority and is timely making all such required payments pursuant thereto, and no default has occurred and is then continuing under the specified tenant lease with respect thereto and (iii) the lender receives evidence that all such taxes have been timely paid prior to the date such taxes are delinquent. With respect to Loan No. 17, Lexmark, the borrower is required to deposit into an insurance reserve, on a monthly basis, 1/12th of the amount which will be sufficient to pay the insurance premiums due for the renewal of coverage afforded by such policies. The borrower has no obligation to make required monthly deposits into the insurance reserve on any monthly payment date to the extent that the following conditions are satisfied on the date of such required monthly deposit: (i) no trigger period has occurred and is continuing, (ii) the specified tenant is responsible, pursuant to the terms of the specified tenant lease, for maintaining the applicable insurance coverage(s) which would otherwise be paid for pursuant to the terms of the whole loan, (iii) such insurance coverages comply with the applicable requirements of the whole loan and (iv) the lender receives evidence that (A) the applicable policies are in full force and effect and that the insurance obligations under the whole loan are otherwise satisfied, and (B) all applicable insurance premiums have been timely paid in full on or prior to the dates by which such insurance premiums are required to be paid. With respect to Loan No. 17, Lexmark, the borrower is required to deposit into a replacement reserve, on a monthly basis, $37,830.58. The borrower has no obligation to make required monthly deposits into the replacement reserve on any monthly payment date in the event that the following conditions are satisfied on the date of such required monthly deposit: (i) no trigger period has occurred and is continuing, (ii) the specified tenant is responsible, pursuant to the terms of the specified tenant lease, for maintaining the mortgaged property and making any and all repairs and/or capital improvements to the mortgaged property and continues to make payments and perform obligations required under the specified tenant lease and (iii) the lender receives evidence that all such repairs and/or capital improvements have been completed in a good and workmanlike manner and in accordance with applicable legal requirements; provided that, the lender may not request any such evidence more than two times in any calendar year unless (1) a trigger period has occurred and is continuing, (2) required in connection with a secondary market transaction at any time prior to the last securitization of any portion of the whole loan, or (3) the lender has reasonable basis to believe that there may be a life/safety issue at the mortgaged property. With respect to Loan No. 17, Lexmark, during a trigger period, the borrower is required to deposit into a TI/LC reserve, on a monthly basis, an amount equal to $30,189. With respect to Loan No. 19, Casa Cipriani, the borrower is required to deposit into an eligible account on each monthly payment date, an amount equal to the greater of (i) the FF&E Payment (as hereinafter defined) and (ii) the amount of the deposit (if any) then required by the franchisor on account of FF&E under the franchise agreement. The “FF&E Payment” means an amount equal to 1/12th of four percent (4%) of the greater of (a) the annual gross revenues for the hotel related operations at the mortgaged property for the immediately preceding calendar year as reasonably determined by the lender and (b) the projected annual gross revenues for the hotel related operations for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget, or, where no approved annual budget exists as of the date of determination, the amount of the FF&E Payment will be based on the annual gross revenues for the hotel related operations at the mortgaged property (excluding membership and event space revenues) for the immediately preceding calendar year as reasonably determined by the lender. The initial FF&E Payment was determined to be approximately $210,556. With respect to Loan 21, AHIP Virginia 3-Pack, the borrower is required to deposit $52,000 on a monthly basis, from the origination date through and including the monthly payment date occurring in June 2025, into the Hilton PIP reserve account. With respect to Loan 21, AHIP Virginia 3-Pack, the borrower must deposit on each monthly payment date into the South Hill FF&E reserve the greatest of (i) 4% of the projected gross revenue for the Fairfield Inn & Suites South Hill Property for the prior month as set forth in the most recent approved annual budget, (ii) the then-current amount required by the management agreement applicable to the Fairfield Inn & Suites South Hill Property and (iii) the then-current amount required by the franchise agreement applicable to the Fairfield Inn & Suites South Hill Property for approved capital expenditure and repairs. With respect to Loan 21, AHIP Virginia 3-Pack, the borrower must deposit on each monthly payment date into the Hilton FF&E reserve the greatest of (i) 4% of the projected gross revenue for the Hampton Inn Emporia Property and the Hampton Inn Harrisonburg South Property for the prior month as set forth in the most recent approved annual budget, (ii) the then-current amount required by the management agreements applicable to the Hampton Inn Emporia Property and the Hampton Inn Harrisonburg South Property and (iii) the then-current amount required by the franchise agreements applicable to the Hampton Inn Emporia Property and the Hampton Inn Harrisonburg South Property for approved capital expenditure and repairs. With respect to Loan No. 22, 114 East 71st Street, the borrower is not required to make monthly insurance reserve deposit so long as the insurance coverage is provided through an approved blanket insurance policy. With respect to Loan No. 24, 485 Locust Avenue, if the borrower elects to satisfy the Kochvei Ohr renewal cure conditions, the Kochvei Ohr Renewal Deposit Amount (as defined below) will be deposited into the Kochvei Ohr renewal reserve account. “Kochvei Ohr Renewal Deposit Amount” means an amount equal to the monthly rental amount payable under the Kochvei Ohr lease as of the date of the renewal trigger event multiplied by 12. With respect to Loan No. 33, AutoNation, on each monthly payment date beginning on the payment date that is 24 months prior to the maturity date, until such time as the major tenant renewal criteria are satisfied with respect to the AutoNation lease, the borrower is required to deposit into an AutoNation renewal reserve the sum of $126,202 (the “AutoNation Renewal Reserve Deposit”). To the extent the sum of AutoNation renewal reserve equals or exceeds the AutoNation reserve cap of $3,028,848, the borrower will no longer be required to make the AutoNation Renewal Reserve Deposit until the AutoNation renewal reserve is less than the AutoNation renewal reserve cap.







(20)	Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. With respect to Loan No. 1, 620 W 153rd Street, on a monthly basis, the borrowers are required to escrow $1,939 for TI/LC reserves (subject to a cap equal to $69,804). With respect to Loan No. 3, 28-40 West 23rd Street, the borrower is required to deposit into a replacement reserve, on a monthly basis, approximately $9,635 (subject to a cap of $346,863). With respect to Loan No. No. 24, 485 Locust Avenue, on a monthly basis, the borrowers are required to escrow $5,600 for TI/LC reserves (subject to a cap equal to $150,000).

(21)	In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates. With respect to Loan No. 12, 1812 North Moore, the Third Largest Tenant, Oracle America, Inc. leases 38,075 SF of space that expires in December 2029 and 8,187 SF of space that expires in June 2030. With respect to Loan No. 33, AutoNation, the Largest Tenant, AutoNation, has 158,892 square feet that expires on December 31, 2029, and 3,363 square feet of subleased space from Kittelson & Associates, Inc. that expires on May 31, 2024.

(22)	With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property. With respect to Loan No. 9, Kenwood Towne Centre, the Largest Tenant, Macy’s, is a leased fee tenant, which owns its improvements on the related mortgaged property. With respect to Loan No. 9, Kenwood Towne Centre, the Second Largest Tenant, Dillard’s, has a one-time option to surrender the expansion premises (approximately 90,000 square feet).

(23)	The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. With respect to Loan No. 2, GNL Industrial Portfolio, Grupo Antolin, the Sole Tenant at the Grupo Antolin - Shelby Township, MI mortgaged property, has a one-time right to terminate its lease, effective as of the last day of the 138th month of the lease term by providing the related borrower written notice of such termination no later than the 126th month of the lease term. With respect to Loan No. 2, GNL Industrial Portfolio, ZF Active Safety, the Sole Tenant at the ZF Active Safety - Findlay, OH mortgaged property, has the right to terminate its lease, effective as of the last day of the 120th month of the lease term, subject to providing no less than twelve months’ prior written notice to the related borrower and payment equal to the net present value of all remaining rent for the remainder of the initial lease term calculated using an interest rate of 5% concurrently with delivery of such notice. With respect to Loan No. 2, GNL Industrial Portfolio, A.M. Castle & Co, the Sole Tenant at the AM Castle - Wichita, KS mortgaged property, has the right to terminate its lease, effective as of the last day of the 120th month of the lease term, subject to providing no less than 180 days’ prior written notice to the related borrower and payment of a termination fee. With respect to Loan No. 5, Vero Office Portfolio, the Largest Tenant at the Parkway Avalon mortgaged property, Open Text - GXS, has a one-time right to terminate its lease, effective April 30, 2027, subject to providing no less than nine months’ prior written notice and payment of a termination fee. With respect to Loan No. 5, Vero Office Portfolio, the Second Largest Tenant at the Parkway Avalon mortgaged property, Kimley-Horn and Associates, has a one-time right to terminate the expansion space (Suite 550 containing 10,317 square feet), effective September 30, 2025, subject to providing written notice on or before September 30, 2024 and payment of a termination fee. With respect to Loan No. 8, McGaw Commerce Center, the Largest Tenant, BA Products, has the right to downsize its space by 12,636 square feet effective as of September 30, 2025 by delivering written notice to the landlord on or prior to March 31, 2025. With respect to Loan No. 11, Rialto I & II, the Largest Tenant, LJA Engineering, Inc., has the one-time right to terminate its lease effective April 30, 2026 by delivering written notice to the landlord at least 12 months prior to April 30, 2026. With respect to Loan No. 12, 1812 North Moore, the Largest Tenant, Nestle USA, Inc., has two options to contract its space at the 1812 North Moore Property. The first option specifies Nestle can reduce its space only for the lowest full floor that is part of the premises, effective any time after the last day of the 84th full calendar month following the rent commencement date (which equates to February 1, 2027) by providing written notice no later than 12 months prior to the first contraction date. The second option specifies Nestle has the one-time right to reduce its space (x) if the foregoing contraction option was exercised, then only as to the lowest full floor that is then part of the leased premises, and (y) if the foregoing contraction option was not exercised, then only as to the lower floor or two floors that are then part of the leased premises, in each case effective any time after the last day of the 120th full calendar month following the rent commencement date (which equates to February 1, 2030) by providing written notice no later than 12 months prior to the first contraction date. With respect to Loan No. 12, 1812 North Moore, the Fourth Largest Tenant, Graham Holdings Company may accelerate the expiration date of its lease to August 2036 by providing written notice no later than June 30, 2035, along with payment of a termination fee. With respect to Loan No. 12, 1812 North Moore, the Fifth Largest Tenant, National Electrical Manufacturers Association has the one time right to terminate its lease effective on the last day of the 105th full calendar month after the commencement date, (which equates to September 2033), by giving prior written notice 12 months prior to the termination date. With respect to Loan No. 15, Point Plaza West, the Largest Tenant, DSHS, has the option to terminate a portion of its space (31,240 square feet) if federal funds for the space are reduced by 50% or more or not allocated by the U.S. Congress, with written notice of at least 90 days.


(24)	With respect to Loan No. 3, 28-40 West 23rd Street, there is no non-recourse carveout guarantor or environmental indemnitor separate from the borrower. The borrower is the sole party responsible for any breaches of the non-recourse carveout provisions under the 28-40 West 23rd Street whole loan documents and any liabilities incurred under the environmental indemnity agreement. With respect to Loan No. 10, Staten Island Mall, the non-recourse carveout guarantor’s recourse obligations with respect to bankruptcy or insolvency related events is capped at 20% of the outstanding principal balance of the Staten Island Mall whole loan, plus third party costs actually incurred by the lender (including reasonable attorneys’ fees and costs) in connection with collection of amounts due under the non-recourse carveout guaranty.

(25)	Each letter identifies a group of related borrowers.

(26)	The classification of the lockbox types is described in the prospectus. See “Description of the Mortgage Pool—Certain Calculations and Definitions” in the prospectus for further details. With respect to Loan No. 6, Coastline Apartments, a cash management period will be triggered under the Coastline Apartments whole loan documents, if on or after the calculation date in October 2024, among other trigger events, (i) as of the last day of any calendar quarter during the term of the Coastline Apartments whole loan, the debt service coverage ratio for the Coastline Apartments whole loan is less than 1.10x or (ii) the debt yield for the Coastline Apartments whole loan is less than 7.0%, and in each case, such value is calculated taking into account the whole loan only (without regard to the mezzanine loan).

(28)	With respect to Loan No. 1, 620 W 153rd Street, the borrowers, as landlord, and 180 E 125th Realty LLC, an affiliate of the borrower sponsor, have entered into a Master Lease Agreement, dated as of March 28, 2024, for nine vacant market rate units, for a term commencing on April 1, 2024, and continuing through and including the maturity date, at a rental rate equal to $42,000 per month. The master lease rent was included in the calculation of the underwritten net cash flow. With respect to Loan No. 2, GNL Industrial Portfolio, the mortgaged properties are subject to a master lease between ARG CFSRSLB001, LLC, as lessor, an affiliate of the borrower sponsors, and Sauer Brands, Inc., as lessee. With respect to Loan No. 19, Casa Cipriani, the borrower master leases the Casa Cipriani mortgaged property to 10 South Street Master Tenant LLC (the “Master Lessee”) under which the Master Lessee operates the Casa Cipriani mortgaged property and pays rent to the borrower. The Master Lessee has entered into three subleases with affiliates of the borrower which entities collect revenues from the Casa Cipriani mortgaged property. The borrower is entitled to receive rents under the master lease rather than the underlying revenue collected by the operating sublessees. The operating sublessees are party to the Casa Cipriani mortgage loan agreement and have agreed to comply with the lockbox and cash management provisions therein. Revenue and cash flow information are based on the underlying revenue from the Casa Cipriani mortgaged property, rather than on the rent due under the master lease or any operating sublease. The debt service coverage ratio and debt yield based on the master base rent of $8,389,807 plus supplemental rent of $2,632,961 for the year 2024 are 1.30x and 10.7%, respectively. With respect to Loan No. 25, 55 Borinquen Place, the borrower sponsor, entered into a master lease with the borrower for the five vacant units at the mortgaged property. With respect to Loan No. 30, Central Illinois Storage & Kentucky RV Portfolio, the borrower, as landlord, and Great Lakes Land Holdings LLC ("Great Lakes”), an affiliate of the borrower, entered into a master lease on the origination date covering the land directly beneath five non-collateral manufactured housing units at the Southern Comfort RV Park mortgaged property that are owned by Great Lakes. Pursuant to the master lease, Great Lakes is required to pay the borrower $750 in master lease rent per month per pad. The master lease rent was not included in the calculation of the underwritten net cash flow. With respect to Loan No. 31, 631 East 6th Street, the borrower sponsor, entered into a master lease with the borrower for the one vacant unit at the mortgaged property.

(29)	Property Located Within a Qualified Opportunity Zone (Y/N) reflects mortgaged properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ. • Loan No. 20, Cincinnati Multifamily Portfolio - 669 & 686 Gholson Avenue mortgaged property, 810 North Fred Shuttlesworth Circle mortgaged property, 725 Greenwood Avenue mortgaged property • Loan No. 29, 1281 Hoe Avenue

(30)	With respect to Loan No. 28, 8 Hook Road, the environmental consultant identified a REC at the mortgaged property in connection with the presence of petroleum and chlorinated solvent impacts to soil and groundwater which was identified in a 2018 Phase II of the mortgaged property, the source of which is unknown but possibly linked to the former on-site tanks, historical on-site industrial use or long term adjacent and off-site petroleum bulk storage facility operations. The mortgage loan documents obligate the borrower to take certain actions related to environmental matters at the mortgaged property and the mortgage loan is structured with an environmental escrow in the amount of $455,000, which amount represents the high end of a remedial cost estimate dated March 12, 2024 prepared by the environmental consultant (which ranged between $160,000 to $455,000) for actions required to obtain regulatory closure in the form of a response action outcome with respect to the identified REC.

(31)	With respect to Loan No. 3, 28-40 West 23rd Street, the decrease from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is driven by the former tenant Xandr being marked as vacant as its lease expired in March 2024. With respect to Loan No. 5, Vero Office Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily due to approximately 374,483 square feet (37.9% of total square feet) of recent leasing that has been executed across the Vero Office Portfolio since 2022. Of the total recent leasing, 197,995 square feet (20.1% of total square feet) are new leases and 176,488 square feet (17.9% of total square feet) are renewals. With respect to Loan No. 11, Rialto I & II, the increase from Most Recent NOI to UW NOI is primarily due to new and renewal leases that commenced in 2023 and 2024 encompassing 12.8% of the net rentable area and total underwritten rent steps of $97,356 through February 2025. With respect to Loan No. 12, 1812 North Moore, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by the execution of two new leases in 2024.

(32)	With respect to Loan No. 5, Vero Office Portfolio, a portion of the proceeds from the related whole loan were used to facilitate the discounted payoff of an existing prior loan, which was originated in October 2021 and initially scheduled to mature in October 2023. The fully funded balance of the prior loan was approximately $198.0 million when the prior lender accepted a discounted payoff of approximately $143.7 million.

(33)	With respect to Loan No. 1, 620 W 153rd Street, the borrowers own the related mortgaged property as tenants-in-common. With respect to Loan No. 6, Coastline Apartments, the borrowers own the related mortgaged property as tenants-in-common.