Distribution Date:

05/15/26

BMO 2024-5C3 Mortgage Trust

Determination Date:

05/11/26

 

Next Distribution Date:

06/17/26

 

Record Date:

04/30/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2024-5C3

 

         

Table of Contents

 

 

Contacts

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

BMO Commercial Mortgage Securities LLC c/o BMO Capital

 

 

 

 

Markets Corp.

 

Certificate Factor Detail

3

 

Attention: Paul Vanderslice, Michael Birajiclian and David Schell

Paul.Vanderslice@bmo.com,

Certificate Interest Reconciliation Detail

4

 

 

Michael.Birajiclian@bmo.com and

 

 

 

 

David.Schell@bmo.com

Additional Information

5

 

151 West 42nd Street | New York, NY 10036 | United States

 

Bond / Collateral Reconciliation - Cash Flows

6

Certificate Administrator

Computershare Trust Company, N.A.

 

Bond / Collateral Reconciliation - Balances

7

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Current Mortgage Loan and Property Stratification

8-12

 

 

trustadministrationgroup@computershare.com

 

 

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

Mortgage Loan Detail (Part 1)

13-14

 

 

 

 

 

Master Servicer

Trimont LLC

 

Mortgage Loan Detail (Part 2)

15-16

 

Attention: CMBS Servicing

commercial.servicing@trimont.com

Principal Prepayment Detail

17

 

One South, 101 South Tryon Street, Suite 1400 | Charlotte, NC 28280 | United States

 

Historical Detail

18

Special Servicer

Midland Loan Services, a Division of PNC Bank, N.A.

 

Delinquency Loan Detail

19

 

Attention: Executive Vice President – Division Head

NoticeAdmin@midlandls.com

Collateral Stratification and Historical Detail

20

 

10851 Mastin Street, Suite 700 | Overland Park, KS 66210 | United States

 

Specially Serviced Loan Detail - Part 1

21

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

 

Representations Reviewer

 

 

Specially Serviced Loan Detail - Part 2

22

 

CMBS Notices

cmbs.notices@parkbridgefinancial.com

Modified Loan Detail

23

 

600 Third Avenue, 40th Floor | New York, NY 10016 | United States

 

Historical Liquidated Loan Detail

24

Trustee

Computershare Trust Company, N.A.

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

 

 

 

 

trustadministrationgroup@computershare.com

Interest Shortfall Detail - Collateral Level

26

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

Supplemental Notes

27

Controlling Class

Eightfold Real Estate Capital, L.P.

 

 

 

Representative

 

 

 

 

 

-

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

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Page 1 of 27

 


 
 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                     Beginning Balance

Distribution

Distribution

Penalties

Realized Losses                       Total Distribution          Ending Balance

Support¹             Support¹

 

A-1

09660QAS3

5.139000%

85,000.00

72,905.26

2,660.72

312.22

0.00

0.00

2,972.94

70,244.54

30.00%

30.00%

A-3

09660QAT1

5.739300%

617,588,000.00

617,588,000.00

0.00

2,953,769.01

0.00

0.00

2,953,769.01

617,588,000.00

30.00%

30.00%

A-S

09660QAW4

6.285800%

123,535,000.00

123,535,000.00

0.00

647,096.92

0.00

0.00

647,096.92

123,535,000.00

16.00%

16.00%

B

09660QAX2

6.556700%

41,913,000.00

41,913,000.00

0.00

229,009.14

0.00

0.00

229,009.14

41,913,000.00

11.25%

11.25%

C

09660QAY0

6.859207%

26,472,000.00

26,472,000.00

0.00

151,314.10

0.00

0.00

151,314.10

26,472,000.00

8.25%

8.25%

D

09660QAC8

4.000000%

11,030,000.00

11,030,000.00

0.00

36,766.67

0.00

0.00

36,766.67

11,030,000.00

7.00%

7.00%

E

09660QAE4

4.000000%

8,824,000.00

8,824,000.00

0.00

29,413.33

0.00

0.00

29,413.33

8,824,000.00

6.00%

6.00%

F-RR

09660QAG9

6.859207%

17,648,000.00

17,648,000.00

0.00

100,876.07

0.00

0.00

100,876.07

17,648,000.00

4.00%

4.00%

G-RR

09660QAJ3

6.859207%

8,823,000.00

8,823,000.00

0.00

50,432.32

0.00

0.00

50,432.32

8,823,000.00

3.00%

3.00%

J-RR*

09660QAL8

6.859207%

26,472,719.00

26,472,719.00

0.00

95,037.31

0.00

0.00

95,037.31

26,472,719.00

0.00%

0.00%

VRR

09660QAQ7

6.859207%

5,731,000.00

5,730,921.45

17.28

32,392.44

0.00

0.00

32,409.72

5,730,904.17

0.00%

0.00%

VRR Interest

N/A

6.859207%

14,118,281.00

14,118,087.48

42.57

79,798.57

0.00

0.00

79,841.14

14,118,044.91

0.00%

0.00%

R

09660QAN4

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

902,240,000.00

902,227,633.19

2,720.57

4,406,218.10

0.00

0.00

4,408,938.67

902,224,912.62

 

 

 

 

X-A

09660QAU8

1.119978%

617,673,000.00

617,660,905.26

0.00

576,471.95

0.00

0.00

576,471.95

617,658,244.54

 

 

X-B

09660QAV6

0.435154%

191,920,000.00

191,920,000.00

0.00

69,595.63

0.00

0.00

69,595.63

191,920,000.00

 

 

X-D

09660QAA2

2.859207%

19,854,000.00

19,854,000.00

0.00

47,305.57

0.00

0.00

47,305.57

19,854,000.00

 

 

Notional SubTotal

 

829,447,000.00

829,434,905.26

0.00

693,373.15

0.00

0.00

693,373.15

829,432,244.54

 

 

 

Deal Distribution Total

 

 

 

2,720.57

5,099,591.25

0.00

0.00

5,102,311.82

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in

 

the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 2 of 27

 


 
 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

09660QAS3

857.70894118

31.30258824

3.67317647

0.00000000

0.00000000

0.00000000

0.00000000

34.97576471

826.40635294

A-3

09660QAT1

1,000.00000000

0.00000000

4.78275000

0.00000000

0.00000000

0.00000000

0.00000000

4.78275000

1,000.00000000

A-S

09660QAW4

1,000.00000000

0.00000000

5.23816667

0.00000000

0.00000000

0.00000000

0.00000000

5.23816667

1,000.00000000

B

09660QAX2

1,000.00000000

0.00000000

5.46391668

0.00000000

0.00000000

0.00000000

0.00000000

5.46391668

1,000.00000000

C

09660QAY0

1,000.00000000

0.00000000

5.71600559

0.00000000

0.00000000

0.00000000

0.00000000

5.71600559

1,000.00000000

D

09660QAC8

1,000.00000000

0.00000000

3.33333364

0.00000000

0.00000000

0.00000000

0.00000000

3.33333364

1,000.00000000

E

09660QAE4

1,000.00000000

0.00000000

3.33333296

0.00000000

0.00000000

0.00000000

0.00000000

3.33333296

1,000.00000000

F-RR

09660QAG9

1,000.00000000

0.00000000

5.71600578

0.00000000

0.00000000

0.00000000

0.00000000

5.71600578

1,000.00000000

G-RR

09660QAJ3

1,000.00000000

0.00000000

5.71600589

0.00000000

0.00000000

0.00000000

0.00000000

5.71600589

1,000.00000000

J-RR

09660QAL8

1,000.00000000

0.00000000

3.59000940

2.12599620

23.00341042

0.00000000

0.00000000

3.59000940

1,000.00000000

VRR

09660QAQ7

999.98629384

0.00301518

5.65214448

0.06378293

0.69013087

0.00000000

0.00000000

5.65515966

999.98327866

VRR Interest

N/A

999.98629295

0.00301524

5.65214490

0.06378255

0.69012864

0.00000000

0.00000000

5.65516014

999.98327771

R

09660QAN4

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

09660QAU8

999.98041886

0.00000000

0.93329634

0.00000000

0.00000000

0.00000000

0.00000000

0.93329634

999.97611121

X-B

09660QAV6

1,000.00000000

0.00000000

0.36262833

0.00000000

0.00000000

0.00000000

0.00000000

0.36262833

1,000.00000000

X-D

09660QAA2

1,000.00000000

0.00000000

2.38267201

0.00000000

0.00000000

0.00000000

0.00000000

2.38267201

1,000.00000000

 

 

 

 

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Page 3 of 27

 


 
 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

04/01/26 - 04/30/26

30

0.00

312.22

0.00

312.22

0.00

0.00

0.00

312.22

0.00

 

A-3

04/01/26 - 04/30/26

30

0.00

2,953,769.01

0.00

2,953,769.01

0.00

0.00

0.00

2,953,769.01

0.00

 

X-A

04/01/26 - 04/30/26

30

0.00

576,471.95

0.00

576,471.95

0.00

0.00

0.00

576,471.95

0.00

 

X-B

04/01/26 - 04/30/26

30

0.00

69,595.63

0.00

69,595.63

0.00

0.00

0.00

69,595.63

0.00

 

A-S

04/01/26 - 04/30/26

30

0.00

647,096.92

0.00

647,096.92

0.00

0.00

0.00

647,096.92

0.00

 

B

04/01/26 - 04/30/26

30

0.00

229,009.14

0.00

229,009.14

0.00

0.00

0.00

229,009.14

0.00

 

C

04/01/26 - 04/30/26

30

0.00

151,314.10

0.00

151,314.10

0.00

0.00

0.00

151,314.10

0.00

 

X-D

04/01/26 - 04/30/26

30

0.00

47,305.57

0.00

47,305.57

0.00

0.00

0.00

47,305.57

0.00

 

D

04/01/26 - 04/30/26

30

0.00

36,766.67

0.00

36,766.67

0.00

0.00

0.00

36,766.67

0.00

 

E

04/01/26 - 04/30/26

30

0.00

29,413.33

0.00

29,413.33

0.00

0.00

0.00

29,413.33

0.00

 

F-RR

04/01/26 - 04/30/26

30

0.00

100,876.07

0.00

100,876.07

0.00

0.00

0.00

100,876.07

0.00

 

G-RR

04/01/26 - 04/30/26

30

0.00

50,432.32

0.00

50,432.32

0.00

0.00

0.00

50,432.32

0.00

 

J-RR

04/01/26 - 04/30/26

30

549,540.74

151,318.21

0.00

151,318.21

56,280.90

0.00

0.00

95,037.31

608,962.82

 

VRR

04/01/26 - 04/30/26

30

3,569.20

32,757.98

0.00

32,757.98

365.54

0.00

0.00

32,392.44

3,955.14

 

VRR Interest

04/01/26 - 04/30/26

30

8,792.67

80,699.07

0.00

80,699.07

900.50

0.00

0.00

79,798.57

9,743.43

 

Totals

 

 

561,902.61

5,157,138.19

0.00

5,157,138.19

57,546.94

0.00

0.00

5,099,591.25

622,661.39

 

 

 

 

 

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Page 4 of 27

 


 
 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

5,102,311.82

 

(1) The Available Distribution Amount includes any Prepayment Premiums.

 

 

 

 

 

 

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Page 5 of 27

 


 
 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

5,172,798.55

Master Servicing Fee

6,390.02

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

7,586.23

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

375.93

ARD Interest

0.00

Operating Advisor Fee

1,097.71

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

210.52

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

5,172,798.55

Total Fees

15,660.41

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

2,720.57

Reimbursement for Interest on Advances

0.00

Unscheduled Principal Collections

 

ASER Amount

48,560.82

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

8,986.11

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

2,720.57

Total Expenses/Reimbursements

57,546.93

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

5,099,591.25

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

2,720.57

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Initial Interest Deposit Amount

0.00

Borrower Option Extension Fees

0.00

 

Total Other Collected

0.00

Total Payments to Certificateholders and Others

5,102,311.82

Total Funds Collected

5,175,519.12

Total Funds Distributed

5,175,519.16

 

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Page 6 of 27

 


 
 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

Total

 

Total

Beginning Scheduled Collateral Balance

902,227,633.19

902,227,633.19

Beginning Certificate Balance

902,227,633.19

(-) Scheduled Principal Collections

2,720.57

2,720.57

(-) Principal Distributions

2,720.57

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

0.00

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

0.00

0.00

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

902,224,912.62

902,224,912.62

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

902,227,633.19

902,227,633.19

Ending Certificate Balance

902,224,912.62

Ending Actual Collateral Balance

902,227,633.19

902,227,633.19

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

6.86%

 

 

 

 

UC / (OC) Interest

0.00

(1)

Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.

 

 

 

(2)

Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.

 

 

 

**

A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

 

 

 

 

 

 

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Page 7 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

4,999,999 or less

7

26,364,912.62

2.92%

31

7.4742

1.794447

1.49x or less

9

138,450,000.00

15.35%

32

6.8534

1.252574

5,000,000 to 9,999,999

7

52,750,000.00

5.85%

32

7.3518

1.374641

1.50x - 1.59x

9

149,630,000.00

16.58%

32

7.3382

1.554623

10,000,000 to 19,999,999

14

185,200,000.00

20.53%

32

6.9408

1.739360

1.60x - 1.69x

3

40,800,000.00

4.52%

30

8.0502

1.644383

20,000,000 to 29,999,999

13

306,160,000.00

33.93%

32

7.0417

1.860773

1.70x - 1.79x

3

59,184,912.62

6.56%

30

5.4824

1.736649

30,000,000 to 39,999,999

4

123,500,000.00

13.69%

32

7.0905

2.091923

1.80x - 1.89x

6

80,150,000.00

8.88%

33

6.7586

1.848670

 

40,000,000 or higher

4

208,250,000.00

23.08%

32

6.2688

1.963033

1.90x - 1.99x

5

88,050,000.00

9.76%

32

7.5804

1.950144

 

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

2.00x - 2.99x

13

337,510,000.00

37.41%

32

6.6088

2.277561

 

 

 

 

 

 

 

 

3.00x or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

 

 

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is

 

used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 8 of 27

 


 
 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

State³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

State

 

 

 

WAM²

WAC

 

State

 

 

 

WAM²

WAC

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

California

1

50,000,000.00

5.54%

32

7.9190

1.701100

Totals

55

902,224,912.62

100.00%

32

6.8800

1.860734

Connecticut

1

2,100,000.00

0.23%

33

7.3000

1.587000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Delaware

1

13,150,000.00

1.46%

33

6.9500

1.813600

 

 

 

 

 

 

 

Florida

2

38,450,000.00

4.26%

32

6.9876

2.159188

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Georgia

1

16,426,998.00

1.82%

29

7.6710

1.635800

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Idaho

1

2,480,000.00

0.27%

33

6.1400

2.180500

Industrial

3

65,890,000.00

7.30%

33

6.5024

2.029041

Illinois

3

36,034,912.62

3.99%

32

6.7725

1.985398

Lodging

3

81,800,000.00

9.07%

33

7.5355

1.791223

Indiana

1

560,000.00

0.06%

33

6.1400

2.180500

Mixed Use

4

49,871,030.00

5.53%

32

6.8178

2.054355

Kansas

1

27,000,000.00

2.99%

32

6.7740

2.577300

Multi-Family

16

194,134,912.62

21.52%

31

6.1237

1.446660

Louisiana

2

73,630,000.00

8.16%

32

6.6307

2.209577

Office

9

177,628,970.00

19.69%

31

7.3638

1.859770

Maryland

2

15,400,000.00

1.71%

32

7.5327

1.274768

Retail

19

329,270,000.00

36.50%

32

6.9834

1.967487

Massachusetts

1

5,030,000.00

0.56%

33

6.1400

2.180500

Self Storage

1

3,630,000.00

0.40%

32

7.2230

1.507200

Michigan

3

25,100,000.00

2.78%

32

7.6316

1.415082

Totals

55

902,224,912.62

100.00%

32

6.8800

1.860734

Mississippi

1

27,100,000.00

3.00%

32

5.5910

1.423800

 

 

 

 

 

 

 

Missouri

2

68,200,000.00

7.56%

33

7.2666

1.910556

 

 

 

 

 

 

 

Nevada

1

13,000,000.00

1.44%

32

7.1200

1.465000

 

 

 

 

 

 

 

New Hampshire

1

4,500,000.00

0.50%

33

7.3000

1.587000

 

 

 

 

 

 

 

New Jersey

4

108,600,000.00

12.04%

32

7.0971

1.951277

 

 

 

 

 

 

 

New York

10

142,950,000.00

15.84%

32

7.0308

1.589609

 

 

 

 

 

 

 

North Carolina

1

8,450,000.00

0.94%

32

8.0300

1.693300

 

 

 

 

 

 

 

Ohio

1

580,000.00

0.06%

33

6.1400

2.180500

 

 

 

 

 

 

 

Pennsylvania

6

93,140,000.00

10.32%

31

5.9076

1.827687

 

 

 

 

 

 

 

Tennessee

1

28,750,000.00

3.19%

29

7.5130

1.462200

 

 

 

 

 

 

 

Texas

6

27,633,002.00

3.06%

32

5.9190

1.807182

 

 

 

 

 

 

 

Virginia

1

73,960,000.00

8.20%

31

6.6006

1.845300

 

 

 

 

 

 

 

 

Note: Please refer to footnotes on the next page of the report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

5.99999 or less

3

91,350,000.00

10.12%

31

5.0790

1.667751

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

6.00000 to 6.49999

3

61,800,000.00

6.85%

33

6.1990

1.732835

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

6.50000 to 6.99999

15

328,710,000.00

36.43%

32

6.6792

2.168785

25 months to 36 months

49

902,224,912.62

100.00%

32

6.8800

1.860734

 

7.00000 to 7.49999

12

220,680,000.00

24.46%

32

7.2769

1.708392

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

7.50000 to 7.99999

12

169,250,000.00

18.76%

31

7.7055

1.645079

49 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

8.00000 to 8.49999

3

18,934,912.62

2.10%

32

8.1628

1.674327

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

 

8.50000 or higher

1

11,500,000.00

1.27%

30

8.7100

1.680000

 

 

 

 

 

 

 

 

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 10 of 27

 


 
 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

55 months or less

49

902,224,912.62

100.00%

32

6.8800

1.860734

Interest Only

48

898,040,000.00

99.54%

32

6.8733

1.861335

 

56 months or greater

0

0.00

0.00%

0

0.0000

0.000000

360 months or less

1

4,184,912.62

0.46%

30

8.3300

1.731800

 

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 11 of 27

 


 
 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

Underwriter's Information

14

202,560,000.00

22.45%

31

7.2562

1.983560

 

 

No outstanding loans in this group

 

 

12 months or less

31

646,014,912.62

71.60%

32

6.8045

1.846720

 

 

 

 

 

 

13 months to 24 months

4

53,650,000.00

5.95%

32

6.3694

1.565734

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

49

902,224,912.62

100.00%

32

6.8800

1.860734

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 12 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                   Anticipated    Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

Adjustments               Repay Date

Date

Date

Balance

Balance

Date

1

327891001

RT

McLean

VA

Actual/360

6.601%

55,005.00

0.00

0.00

N/A

12/06/28

--

10,000,000.00

10,000,000.00

05/06/26

1A

327891101

 

 

 

Actual/360

6.601%

55,005.00

0.00

0.00

N/A

12/06/28

--

10,000,000.00

10,000,000.00

05/06/26

1B

327891111

 

 

 

Actual/360

6.601%

165,015.00

0.00

0.00

N/A

12/06/28

--

30,000,000.00

30,000,000.00

05/06/26

1C

327890001

 

 

 

Actual/360

6.601%

131,791.98

0.00

0.00

N/A

12/06/28

--

23,960,000.00

23,960,000.00

05/06/26

2

327891002

RT

Elmwood

LA

Actual/360

6.600%

385,000.00

0.00

0.00

N/A

01/06/29

--

70,000,000.00

70,000,000.00

05/06/26

3

695101546

LO

Osage Beach

MO

Actual/360

7.410%

186,793.75

0.00

0.00

N/A

02/06/29

--

30,250,000.00

30,250,000.00

05/06/26

3A

301271880

 

 

 

Actual/360

7.410%

186,793.75

0.00

0.00

N/A

02/06/29

--

30,250,000.00

30,250,000.00

05/06/26

4

327891004

RT

Riverside

CA

Actual/360

7.919%

65,991.67

0.00

0.00

N/A

01/01/29

--

10,000,000.00

10,000,000.00

05/01/26

4A

327891104

 

 

 

Actual/360

7.919%

131,983.33

0.00

0.00

N/A

01/01/29

--

20,000,000.00

20,000,000.00

05/01/26

4B

327891114

 

 

 

Actual/360

7.919%

131,983.33

0.00

0.00

N/A

01/01/29

--

20,000,000.00

20,000,000.00

05/01/26

5

304102295

OF

Trenton

NJ

Actual/360

7.350%

306,250.00

0.00

0.00

N/A

02/06/29

--

50,000,000.00

50,000,000.00

05/06/26

6

327891006

MF

Philadelphia

PA

Actual/360

4.676%

175,355.25

0.00

0.00

N/A

10/08/28

--

45,000,000.00

45,000,000.00

05/08/26

7

327891007

Various     Various

Various

Actual/360

6.140%

221,295.83

0.00

0.00

N/A

02/01/29

--

43,250,000.00

43,250,000.00

05/01/26

8

327891008

OF

Paramus

NJ

Actual/360

7.081%

118,016.67

0.00

0.00

N/A

01/01/29

--

20,000,000.00

20,000,000.00

05/01/26

8A

327891108

 

 

 

Actual/360

7.081%

80,251.33

0.00

0.00

N/A

01/01/29

--

13,600,000.00

13,600,000.00

05/01/26

9

327891009

OF

New York

NY

Actual/360

6.950%

191,125.00

0.00

0.00

N/A

01/06/29

--

33,000,000.00

33,000,000.00

05/06/26

10

327891010

IN

Manteno

IL

Actual/360

6.600%

158,125.00

0.00

0.00

N/A

01/06/29

--

28,750,000.00

28,750,000.00

05/06/26

11

327891011

OF

Memphis

TN

Actual/360

7.513%

93,912.50

0.00

0.00

N/A

10/06/28

--

15,000,000.00

15,000,000.00

05/06/26

11A

327892111

 

 

 

Actual/360

7.513%

62,608.33

0.00

0.00

N/A

10/06/28

--

10,000,000.00

10,000,000.00

05/06/26

11B

327890011

 

 

 

Actual/360

7.513%

23,478.12

0.00

0.00

N/A

10/06/28

--

3,750,000.00

3,750,000.00

05/06/26

12

327891012

RT

Staten Island

NY

Actual/360

7.534%

178,932.50

0.00

0.00

N/A

02/01/29

--

28,500,000.00

28,500,000.00

05/01/26

13

695101545

MF

Jackson

MS

Actual/360

5.591%

126,263.42

0.00

0.00

N/A

01/06/29

--

27,100,000.00

27,100,000.00

06/06/25

14

327891014

RT

Lenexa

KS

Actual/360

6.774%

152,415.00

0.00

0.00

N/A

01/01/29

--

27,000,000.00

27,000,000.00

05/01/26

15

327891016

RT

Paramus

NJ

Actual/360

6.613%

55,108.33

0.00

0.00

N/A

01/06/29

--

10,000,000.00

10,000,000.00

05/06/26

15A

327891116

 

 

 

Actual/360

6.613%

82,662.50

0.00

0.00

N/A

01/06/29

--

15,000,000.00

15,000,000.00

05/06/26

16

327891017

RT

West Bloomfield

MI

Actual/360

7.700%

154,000.00

0.00

0.00

N/A

01/06/29

--

24,000,000.00

24,000,000.00

05/06/26

17

695101548

MU

Miami

FL

Actual/360

6.500%

127,020.83

0.00

0.00

N/A

02/06/29

--

23,450,000.00

23,450,000.00

05/06/26

18

327891018

OF

Various

Various

Actual/360

7.671%

147,027.50

0.00

0.00

N/A

10/06/28

--

23,000,000.00

23,000,000.00

05/06/26

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 13 of 27

 


 
 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                  Anticipated       Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

City

State

Type

Rate

Interest

Principal

Adjustments               Repay Date

Date

Date

Balance

Balance

Date

19

327891019

MF

Albany

NY

Actual/360

7.295%

124,015.00

0.00

0.00

N/A

11/06/28

--

20,400,000.00

20,400,000.00

05/06/26

20

327891020

MU

New York

NY

Actual/360

6.900%

115,000.00

0.00

0.00

N/A

01/06/29

--

20,000,000.00

20,000,000.00

05/06/26

21

327891021

MF

Various

TX

Actual/360

5.300%

85,020.83

0.00

0.00

N/A

02/06/29

--

19,250,000.00

19,250,000.00

05/06/26

22

327891022

MF

Various

Various

Actual/360

7.300%

117,104.17

0.00

0.00

N/A

02/06/29

--

19,250,000.00

19,250,000.00

05/06/26

23

327891023

MF

Various

NY

Actual/360

6.350%

81,756.25

0.00

0.00

N/A

02/06/29

--

15,450,000.00

15,450,000.00

06/06/24

24

327891024

LO

Orlando

FL

Actual/360

7.750%

48,437.50

0.00

0.00

N/A

12/06/28

--

7,500,000.00

7,500,000.00

05/06/26

24A

327891124

 

 

 

Actual/360

7.750%

24,218.75

0.00

0.00

N/A

12/06/28

--

3,750,000.00

3,750,000.00

05/06/26

24B

327892024

 

 

 

Actual/360

7.750%

24,218.75

0.00

0.00

N/A

12/06/28

--

3,750,000.00

3,750,000.00

05/06/26

25

327891025

IN

New Castle Hundred              DE

Actual/360

6.950%

76,160.42

0.00

0.00

N/A

02/06/29

--

13,150,000.00

13,150,000.00

05/06/26

26

327891026

MF

Henderson

NV

Actual/360

7.120%

77,133.33

0.00

0.00

N/A

01/06/29

--

13,000,000.00

13,000,000.00

05/06/26

27

327891027

Various     Bala Cynwyd

PA

Actual/360

8.710%

83,470.83

0.00

0.00

N/A

11/06/28

--

11,500,000.00

11,500,000.00

05/06/26

28

695101549

MF

Brooklyn

NY

Actual/360

6.520%

50,258.33

0.00

0.00

N/A

02/06/29

--

9,250,000.00

9,250,000.00

05/06/26

29

399570112

MF

Baltimore

MD

Actual/360

7.050%

53,462.50

0.00

0.00

N/A

01/06/29

--

9,100,000.00

9,100,000.00

05/06/26

30

327891030

RT

Fayetteville

NC

Actual/360

8.030%

56,544.58

0.00

0.00

N/A

01/06/29

--

8,450,000.00

8,450,000.00

05/06/26

31

695101544

MF

Bronx

NY

Actual/360

7.090%

41,358.33

0.00

0.00

N/A

12/06/28

--

7,000,000.00

7,000,000.00

05/06/26

32

327891032

LO

Owings Mills

MD

Actual/360

8.230%

43,207.50

0.00

0.00

N/A

01/06/29

--

6,300,000.00

6,300,000.00

05/06/26

33

695101551

MF

Brooklyn

NY

Actual/360

6.968%

29,904.33

0.00

0.00

N/A

02/06/29

--

5,150,000.00

5,150,000.00

05/06/26

34

399570113

MU

New York

NY

Actual/360

7.200%

25,200.00

0.00

0.00

N/A

01/06/29

--

4,200,000.00

4,200,000.00

05/06/26

35

399570108

MF

Loves Park

IL

Actual/360

8.330%

29,069.15

2,720.57

0.00

N/A

11/06/28

--

4,187,633.19

4,184,912.62

04/06/26

36

327891036

SS

Plaquemine

LA

Actual/360

7.223%

21,849.58

0.00

0.00

N/A

01/06/29

--

3,630,000.00

3,630,000.00

05/06/26

37

327891037

RT

Aurora

IL

Actual/360

6.270%

16,197.50

0.00

0.00

N/A

01/06/29

--

3,100,000.00

3,100,000.00

05/06/26

Totals

 

 

 

 

 

 

5,172,798.55

2,720.57

0.00

 

 

 

902,227,633.19

902,224,912.62

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

 

Page 14 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent         Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

1

89,832,580.90

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1C

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

12,944,165.61

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3

10,052,658.34

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

24,226,309.00

16,371,532.53

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

10,708,417.38

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6

15,596,429.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

5,942,971.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8

5,691,859.65

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

6,239,411.64

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10

0.00

10,700,647.00

07/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

6,404,230.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

24,558,952.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

0.00

1,744,118.50

01/01/24

09/30/24

12/11/25

6,775,000.00

190,362.16

94,376.77

1,214,742.01

158,067.07

0.00

 

 

14

5,018,934.11

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

85,270,603.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

2,480,142.41

655,948.39

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

4,111,381.91

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

6,940,481.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 15 of 27

 


 
 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent         Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

19

2,215,621.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

2,136,202.76

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

1,953,185.54

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

0.00

1,743,332.00

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

400,127.28

0.00

--

--

05/12/25

3,215,580.31

285,245.94

64,556.23

1,618,924.72

479,952.85

0.00

 

 

24

12,264,930.08

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24A

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24B

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,723,768.14

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,417,266.96

347,334.91

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

628,925.82

0.00

--

--

--

0.00

0.00

0.00

0.00

1,528.57

0.00

 

 

29

681,137.67

520,598.04

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

1,186,279.64

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

32

967,807.85

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

482,946.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

0.00

468,876.27

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

598,134.87

312,310.20

01/01/25

06/30/25

--

0.00

0.00

31,781.00

31,781.00

0.00

0.00

 

 

36

381,962.81

100,187.47

01/01/26

03/31/26

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

0.00

345,523.45

01/01/24

09/30/24

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

343,057,823.37

33,310,408.76

 

 

 

9,990,580.31

475,608.10

190,714.00

2,865,447.73

639,548.49

0.00

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

 

Page 16 of 27

 


 
 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

Page 17 of 27

 


 
 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

 

Rate and Maturities

 

 

30-59 Days

 

60-89 Days

 

90 Days or More

 

Foreclosure

 

REO

 

Modifications

 

 

Curtailments

 

Payoff

 

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

#

Balance

 

#

Amount

#

Amount

 

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

05/15/26

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880031%

6.842289%

32

04/17/26

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880036%

6.842293%

33

03/17/26

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880038%

6.842296%

34

02/18/26

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880046%

6.842304%

35

01/16/26

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880049%

6.842306%

36

12/17/25

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880051%

6.842309%

37

11/18/25

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880056%

6.848687%

38

10/20/25

0

0.00

0

0.00

2

42,550,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880056%

6.848687%

39

09/17/25

0

0.00

1

27,100,000.00

1

15,450,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880056%

6.848687%

40

08/15/25

1

27,100,000.00

0

0.00

1

15,450,000.00

1

15,450,000.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880056%

6.856196%

41

07/17/25

1

5,150,000.00

0

0.00

1

15,450,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880056%

6.856196%

42

06/17/25

0

0.00

0

0.00

1

15,450,000.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.880056%

6.856196%

43

(1) Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 18 of 27

 


 
 

 

                               

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

Servicer

Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

Advances

Balance

Date

Code²

 

Date

Date

REO Date

13

695101545

06/06/25

10

6

 

94,376.77

1,214,742.01

207,370.54

27,100,000.00

08/22/25

2

 

 

 

 

23

327891023

06/06/24

22

6

 

64,556.23

1,618,924.72

899,418.66

15,450,000.00

09/12/24

2

 

 

11/27/24

 

35

399570108

04/06/26

0

B

 

31,781.00

31,781.00

0.00

4,187,633.19

 

 

 

 

 

 

Totals

 

 

 

 

 

190,714.00

2,865,447.73

1,106,789.20

46,737,633.19

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

A - Payment Not Received But Still in Grace Period 0 - Current

 

4 - Performing Matured Balloon

 

1 - Modification

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

2 - Foreclosure

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

3 - Bankruptcy

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

98 - Other

 

 

 

 

 

 

 

 

 

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Page 19 of 27

 


 
 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

     Total

Performing

Non-Performing

         REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

902,224,913

859,674,913

      27,100,000

15,450,000

 

37 - 48 Months

 

0

0

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

30-59 Days

60-89 Days

90+ Days

REO/Foreclosure

 

 

May-26

902,224,913

859,674,913

0

0

27,100,000

15,450,000

 

Apr-26

902,227,633

859,677,633

0

0

27,100,000

15,450,000

 

Mar-26

902,229,372

859,679,372

0

0

27,100,000

15,450,000

 

Feb-26

902,233,990

859,683,990

0

0

27,100,000

15,450,000

 

Jan-26

902,235,683

859,685,683

0

0

27,100,000

15,450,000

 

Dec-25

902,237,365

859,687,365

0

0

27,100,000

15,450,000

 

Nov-25

902,240,000

859,690,000

0

0

27,100,000

15,450,000

 

Oct-25

902,240,000

859,690,000

0

0

27,100,000

15,450,000

 

Sep-25

902,240,000

859,690,000

0

27,100,000

0

 

15,450,000

 

Aug-25

902,240,000

859,690,000

27,100,000

0

0

 

15,450,000

 

Jul-25

902,240,000

881,640,000

5,150,000

0

15,450,000

0

 

Jun-25

902,240,000

886,790,000

0

0

15,450,000

0

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

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Page 20 of 27

 


 
 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

13

695101545

27,100,000.00

27,100,000.00

42,200,000.00

12/20/23

1,641,968.50

1.42380

09/30/24

01/06/29

I/O

18

327891018

23,000,000.00

23,000,000.00

112,100,000.00

--

6,908,495.00

1.63580

12/31/25

10/06/28

I/O

23

327891023

15,450,000.00

15,450,000.00

14,950,000.00

12/27/24

387,659.28

0.38970

12/31/25

02/06/29

I/O

Totals

 

65,550,000.00

65,550,000.00

169,250,000.00

 

8,938,122.78

 

 

 

 

 

 

 

 

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Page 21 of 27

 


 
 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

13

695101545

MF

MS

08/22/25

2

 

 

 

 

5/1/26: The loan transferred to special servicing on 8/18/25 due to payment default. The loan is secured by a 453-unit garden apartment complex located approx. 6 miles north of the Jackson, MS CBD. The property was built in 1967 and

 

renovated in 2021-202 3 and offers studio to three-bedroom apartments, with on-site management and maintenance teams. Foreclosure was filed 10/27/25 and a receiver was appointed 11/25/25. The receiver is working to complete deferred

 

maintenance issues including a water leak. T he property had numerous delinquent tenants upon takeover which the receiver is working to evict. The receiver is focused on completing unit turns to lease the vacant units.

 

18

327891018

OF

Various

12/10/25

9

 

 

 

 

5/4/26: The OPI portfolio loans transferred to Midland as SS on 12/30/25 due to the bankruptcy filing of the loan guarantor Office Properties Income Trust on 10/30/25. Counsel is engaged and EOD has been sent to the borrower. Proof of claims

 

were filed in the case on behalf of lender. The debtor obtained approval for a DIP loan. The guarantor debtor filed a Ch. 11 plan of reorganization and disclosure statement that was confirmed by the court on 4/22/26. The loan is secured by two

 

office properties: Waco is a 138,608 sf Class B property 100% occupied by Veteran Affairs with lease expiration 12/2035 and Duluth is a 344,476 sf Class A property 100% occupied by Primerica Life Insurance with lease expiration 12/2035.

 

Midland and the borrower entered into a wa iver agreement on 5/1/26 to allow the loan to transition to a performing status and cash management is in place for the remaining term of the loan. Midland plans to transfer this loan back to Master

 

Servicing in June 2026.

 

 

 

 

 

 

23

327891023

MF

NY

09/12/24

2

 

 

 

 

5/1/26: Loan transferred to Special Servicing on 9/12/24 due to payment default. The loan is secured by two multifamily properties totaling 34 units; 30 MF units and 3 retail suites (3,450 sf ground floor) in Manhattan and 4 MF units in Brooklyn.

 

For eclosure was filed on 11/27/24 and a receiver was appointed on 1/6/25. The receiver is working through numerous code violations and required repairs. Updated appraisals and property condition reports have been ordered.

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

 

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

 

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 22 of 27

 


 
 

 

                 

 

 

 

 

Modified Loan Detail

 

 

 

 

 

 

Pre-Modification

Post-Modification

 

Modification

Modification

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

Balance

Rate

Balance

Rate

 

 

 

Pros ID

Loan Number

 

 

 

Code¹

Date

Date

Date

 

 

 

 

No modified loans this period

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

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Page 23 of 27

 


 
 

 

                       

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

    Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹      Number        Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

 

 

 

 

No liquidated loans this period

 

 

 

 

 

Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

 

 

 

 

 

 

 

 

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Page 24 of 27

 


 
 

 

                     

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

      Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID       Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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Page 25 of 27

 


 
 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

Collected

Monthly

Liquidation

Work Out

ASER

PPIS / (PPIE)

Interest

Advances

Interest

(Refunds)

(Excess)

13

0.00

0.00

5,645.83

0.00

0.00

31,551.74

0.00

0.00

0.00

0.00

0.00

0.00

18

0.00

0.00

(159.72)

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

23

0.00

0.00

3,500.00

0.00

0.00

17,009.08

0.00

0.00

0.00

0.00

0.00

0.00

Total

0.00

0.00

8,986.11

0.00

0.00

48,560.82

0.00

0.00

0.00

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

57,546.93

 

 

 

 

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Page 26 of 27

 


 
 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27