# EDGAR Filing Document

**Accession Number:** 0001541480
**File Stem:** 0001539497-25-002402
**Filing Date:** 2025-9
**Character Count:** 50114
**Document Hash:** 94e6777a4d9bd7e7b05681a4a7fdcdb9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-002402.hdr.sgml**: 20250918

**ACCESSION NUMBER**: 0001539497-25-002402

**CONFORMED SUBMISSION TYPE**: ABS-15G

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250918

**ITEM INFORMATION**: Findings and Conclusions of the Third Party Due Diligence Provider Obtained by the Issuer

**FILED AS OF DATE**: 20250918

**DATE AS OF CHANGE**: 20250918

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barclays Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001541480
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 270108800

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00993
- **FILM NUMBER:** 251324278

**BUSINESS ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-412-4000

**MAIL ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barclays Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001541480
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 270108800

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act

**BUSINESS ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-412-4000

**MAIL ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Barclays Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001541480
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 270108800

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00993

**BUSINESS ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-412-4000

**MAIL ADDRESS:**
- **STREET 1:** 745 SEVENTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**FORM ABS-15G**

**ASSET-BACKED SECURITIZER<br> Report Pursuant to Section 15G of**

**the Securities Exchange Act of 1934**

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

[_] Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period _________________ to _________________

Date of Report (Date of earliest event reported)______ ________________

Commission File Number of securitizer: ____________________

Central Index Key Number of securitizer: ___________________

------

Name and telephone number, including area code, of the person to

contact in connection with this filing

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [_]

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [_]

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [_]

[X] Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: <u>0001541480</u>

NYC Commercial Mortgage Trust 2025-YORK

(Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity (if applicable): <u>Not applicable</u> 

Central Index Key Number of underwriter (if applicable): <u>Not applicable</u> 

Daniel Schmidt, (212) 526-7000

Name and telephone number, including area code, of the person to

contact in connection with this filing

**INFORMATION TO BE INCLUDED IN THE REPORT**

**FINDINGS AND CONCLUSIONS OF THIRD-PARTY DUE DILIGENCE REPORTS**

**Item 2.01 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Issuer**

Attached as <u>Exhibit 1</u> hereto is an agreed-upon procedures report, dated September 18, 2025, of PricewaterhouseCoopers LLP, obtained by the depositor, which report sets forth the findings and conclusions, as applicable, of PricewaterhouseCoopers LLP with respect to certain agreed-upon procedures performed by PricewaterhouseCoopers LLP.

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;Date: September 18, 2025 | BARCLAYS COMMERCIAL MORTGAGE SECURITIES LLC | BARCLAYS COMMERCIAL MORTGAGE SECURITIES LLC |
|  | (Depositor) | (Depositor) |
|  | /s/ Daniel Schmidt | /s/ Daniel Schmidt |
|  | By: | Daniel Schmidt, Chief Executive Officer |
|  |  | (senior officer in charge of securitization of the depositor) |

---

Exhibit 1 Agreed-upon procedures report, dated September 18, 2025, of PricewaterhouseCoopers LLP.

## Ex-1

**Exhibit 1**

![[PWC Logo]](pwclogo.jpg)

**Report of Independent Accountants on Applying**

**Agreed-Upon Procedures**

Barclays Capital Inc. (the "Company")

745 7th Avenue

New York, NY 10019

We ("us" or "PwC") have performed the procedures enumerated below, which were agreed to by the Company, (as the engaging party), Barclays Commercial Mortgage Securities LLC, Barclays Capital Real Estate Inc., BNP Paribas Securities Corp., Morgan Stanley & Co. LLC, Morgan Stanley Bank, N.A., and Morgan Stanley Mortgage Capital Holdings LLC (Collectively "Morgan Stanley"), who are collectively referred to as the "Specified Parties", solely to assist you in performing certain procedures related to the accuracy of certain attributes and calculations within the Final Data File (defined below). The procedures were performed with respect to the NYC Commercial Mortgage Trust 2025-YORK, Commercial Mortgage Pass-Through Certificates, Series 2025-YORK securitization (the "Transaction"). The Company (the "Responsible Party") is responsible for the accuracy of the information contained in the Final Data File.

In an agreed-upon procedures engagement, we perform specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the intended purpose of the engagement and we report on findings based on the procedures performed. The procedures performed may not address all the items of interest to a user of this report and may not meet the needs of all users of this report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes. The Specified Parties have agreed to and acknowledged that the procedures performed are appropriate for their purposes. This report may not be suitable for any other purpose.

 **

***Procedures and Findings***

 **

In connection with the Transaction, the Specified Parties have requested that the procedures be performed on 1 mortgage loan (the "Mortgage Loan Asset") secured by a mortgaged property (the "Mortgaged Property") which represents the entire population of the Mortgage Loan Asset and Mortgaged Property (collectively the "Collateral") within the Transaction.

This agreed-upon procedures engagement was not conducted for the purpose of satisfying any criteria for due diligence published by a nationally recognized statistical rating organization.

In addition, PwC should not be regarded as having in any way warranted or given any assurance as to the following items:

● The completeness, accuracy, appropriateness, quality or integrity of any of the information provided by the Responsible Party, or any other party for the purpose of PwC performing the procedures agreed to by the Specified Parties. The procedures performed would not necessarily reveal any material misstatement of the amounts, balances, ratios, percentages or other relationships of the information included in the data provided to us;

● The conformity of the origination of the assets to stated underwriting or credit extension guidelines, standards, criteria or other requirements;

● The value of the Mortgaged Property securing the Mortgage Loan Asset; and

● The compliance of the originator of the assets with federal, state, and local laws and regulations.

We have not performed any procedures with respect to the fair value of the securities being offered in the Transaction and PwC expresses no opinion on the fair value of these securities. PwC should not be regarded as having performed any procedures other than those detailed in this report.

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 1 <br>

![](pwclogo.jpg)

With respect to any terms or requirements of the Transaction documents that do not appear in this report, we performed no procedures and, accordingly, the procedures we performed would not ensure that any requirements are satisfied. Further, we have performed only the following agreed-upon procedures and therefore make no representations regarding the adequacy of disclosures or whether any material facts have been omitted from the Transaction documents.

It should be understood that we make no representations as to:

● The interpretation of Transaction documents included in connection with our procedures;

● Your compliance with Rule 15Ga-2 of the Securities Exchange Act of 1934; and

● The reasonableness of any of the assumptions provided by the Company or other Specified Parties.

These procedures should not be taken to supplant any additional inquiries or procedures that the Specified Parties would undertake in consideration of the Transaction.

For the purpose of this report:

● The phrase "Cut-off Date" refers to the date of October 10, 2025.

● The phrase "Final Data File" refers to the following Microsoft Excel ("Excel") file provided by the Company, which includes certain attributes related to the Collateral. The Final Data File was provided on May 16, 2025 with certain Collateral attribute calculations adjusted for the Cut-off Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o NYC 2025-YORK Accounting Tape 9.18.2025.xlsx (provided on September 18, 2025).

● The phrase "Specified Attributes" refers to the fields in the Final Data File.

● The phrase "Source Document" refers to the documents (including any applicable amendments, assumptions or exhibits thereof) provided by the Company, related to the information contained in the Final Data File.

● The phrase "Loan File" refers to any Source Document or collection of Source Documents provided by the Company, and used by us, in performing the procedures enumerated below.

● The term "compared" refers to the comparison of one or more Specified Attributes to Source Documents, as indicated within Exhibit A.

● The term "recalculated" refers to a re-computation of one or more Specified Attributes using the Company provided methodology, as indicated within Exhibit B.

● The phrase "in agreement" refers to the comparison or recalculation of one or more Specified Attributes which resulted in a match, or a difference that was within the Company provided tolerance level (if any), as indicated within Exhibit A.

Source Documents included in the Loan File:

● The phrase "Appraisal Report" refers to a signed or draft appraisal document or exhibit or an Excel file containing information from the Appraisal Report provided the Company.

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 2 <br>

![](pwclogo.jpg)

● The phrase "Engineering Report" refers to a draft or signed property condition assessment document or exhibit.

● The phrase "Environmental Report" refers to a draft or signed phase I and phase II (if applicable) environmental document or exhibit.

● The phrase "Loan Agreement" refers to a draft or signed loan agreement and any exhibits or schedules thereof.

● The phrase "Fee Schedule" refers to documentation provided by the Company for the administrative fee rate.

● The phrase "Title Policy" refers to a draft or signed proforma title policy or commitment

● The phrase "Mezzanine Loan Agreement" refers to a signed or draft mezzanine loan agreement and any amendments or exhibits thereof.

● The phrase "Underwriting File" refers to the Excel file provided by the Company, which includes rent roll information and historical and pro-forma cash flow statements prepared by the Company's underwriting team.

The procedures performed and results thereof are described below. In performing this engagement, we received one or more preliminary data file(s) and performed certain procedures as set forth in Exhibit A and Exhibit B. The procedures identified differences, which were communicated to the Responsible Party. The Responsible Party revised one or more of the preliminary data files based on such communicated differences, where they determined it to be appropriate. We then performed these procedures on the Final Data File, and the results of those procedures are described below.

From August 12, 2025 through September 18, 2025, the Company provided us with the Source Documents related to the Collateral for which we:

● Compared certain Specified Attributes to the corresponding Source Documents as detailed in Exhibit A and found them to be in agreement (the "Compared Attributes");

● Recalculated certain Specified Attributes as detailed in Exhibit B and found them to be in agreement (the "Recalculated Attributes"); or

● Assumed certain Specified Attributes were accurate as instructed by the Company, and neither compared nor recalculated the Specified Attributes (the "Company Provided Attributes").

The recalculation methodology associated with the Recalculated Attributes is listed in Exhibit B. For each procedure where a recalculation was performed, if necessary, we compared the underlying attributes to the corresponding Source Documents and found them to be in agreement. We did not perform any procedures with respect to the Specified Attributes denoted with a Source Document of "None - Company Provided", in Exhibit A.

This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. We were not engaged to, and did not conduct an audit or an examination engagement, the objective of which would be the expression of an opinion, or a review engagement, the objective of which would be the expression of a conclusion, on the Final Data File. Accordingly, we do not express such an opinion or conclusion. Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 3 <br>

![](pwclogo.jpg)

In performing this engagement, we are required to be independent of the Responsible Party and to meet our ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

This report is intended solely for the information and use of the Specified Parties (including for the purpose of substantiating the Specified Parties' "due diligence defense" under the Securities Act of 1933), and is not intended to be and should not be used by anyone other than the Specified Parties.

If a party has obtained, or has access to, this report without having executed an agreement with PwC wherein such party accepts responsibility for the appropriateness of the procedures performed (such party is referred to as a "Non-Specified Party"), that Non-Specified Party cannot:

● Rely upon this report, and any use of this report by that Non-Specified Party is its sole responsibility and at its sole and exclusive risk; and

● Acquire any rights or claims against PwC, and PwC assumes no duties or obligations to such Non-Specified Party.

A Non-Specified Party may not disclose or distribute this report or any of the report's contents to any

other party (including but not limited to electronic distribution and/or posting to a website pursuant to Rule 17g-5 of the Securities Exchange Act of 1934).

The procedures enumerated above were performed as of the date of this report, and we disclaim any consideration of any events and circumstances occurring after the date of this report. Further, we have no obligation to update this report because of events occurring, or data or information coming to our attention, subsequent to the date of this report.

/s/ PricewaterhouseCoopers LLP

New York, NY

September 18, 2025

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 4 <br>

**Exhibits**

Exhibit A – Loan File Review Procedures

Exhibit B – Recalculation Methodology

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 5 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

**Exhibit A – Loan File Review Procedures** 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan # | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;% of Initial Pooled Balance | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan/Property Flag | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Property Name | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Originator | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Seller | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Street Address | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;City | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;State | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Zip Code | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Number of Properties | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Property Subtype | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Year Built | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Year Renovated | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Total Square Feet | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Occupancy (%) | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Occupancy Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Mortgage Loan Original Balance ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Mortgage Loan Cut-off Balance ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Mortgage Loan Cut-off Balance / Square Foot ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Mortgage Loan Maturity Balance ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Mezzanine Loan Original Balance ($) | &nbsp;&nbsp;Mezzanine Loan Agreement |  |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Mezzanine Loan Cut-Off Balance ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Mezzanine Loan Cut-off Balance / Square Foot ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Mezzanine Loan Maturity Balance ($) | &nbsp;&nbsp;Recalculation |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 6 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Total Debt Original Balance ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Total Debt Cut-Off Balance ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Total Debt Cut-off Balance / Square Foot ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Total Debt Maturity Balance ($) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Mortgage Loan Margin % | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Mezzanine Loan Margin % | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Total Debt Margin % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Assumed SOFR | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Mortgage Loan SOFR Floor % | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Mezzanine Loan SOFR Floor % | &nbsp;&nbsp;Mezzanine Loan Agreement |  |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Total Debt SOFR Floor % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;SOFR Cap Strike Price % | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;SOFR Cap Expiration | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Mezzanine Cap Strike Price % | &nbsp;&nbsp;Mezzanine Loan Agreement |  |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Mortgage Loan Index | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Floating Rate Change Frequency | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Interest Rate Cap Provider | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Mortgage Loan Rate % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Mortgage Loan Interest Rate (at SOFR Cap) | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;46 | &nbsp;&nbsp;Mortgage Loan Admin. Fee % | &nbsp;&nbsp;Fee Schedule |  |
| &nbsp;&nbsp;47 | &nbsp;&nbsp;Net Mortgage Loan Rate % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;48 | &nbsp;&nbsp;Mezzanine Loan Rate % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;49 | &nbsp;&nbsp;Total Debt Rate % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;50 | &nbsp;&nbsp;Mortgage Accrual Type | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;51 | &nbsp;&nbsp;Amortization Type | &nbsp;&nbsp;Loan Agreement |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 7 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;52 | &nbsp;&nbsp;Note Date | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;53 | &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;54 | &nbsp;&nbsp;Initial Original Term | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;Initial Remaining Term | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;56 | &nbsp;&nbsp;Initial Maturity Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;57 | &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;58 | &nbsp;&nbsp;Extension Options | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;59 | &nbsp;&nbsp;Extension Spread Increase Description | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;60 | &nbsp;&nbsp;First Extension Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;61 | &nbsp;&nbsp;Second Extension Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;62 | &nbsp;&nbsp;Third Extension Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;63 | &nbsp;&nbsp;Fourth Extension Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;64 | &nbsp;&nbsp;Fifth Extension Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;65 | &nbsp;&nbsp;Exit Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;66 | &nbsp;&nbsp;SOFR Cap After Extension | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;67 | &nbsp;&nbsp;Fully Extended Original Term | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;68 | &nbsp;&nbsp;Fully Extended Remaining Term | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;69 | &nbsp;&nbsp;Fully Extended Maturity Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;70 | &nbsp;&nbsp;Payment Due Date | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;71 | &nbsp;&nbsp;Grace Period (Late Payment) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;72 | &nbsp;&nbsp;Grace Period (Default) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;73 | &nbsp;&nbsp;Interest Accrual Start | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;74 | &nbsp;&nbsp;Interest Accrual End | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;75 | &nbsp;&nbsp;SOFR Lookback Days | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;76 | &nbsp;&nbsp;Mortgage Loan Monthly Debt Service ($) at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;77 | &nbsp;&nbsp;Mortgage Loan Annual Debt Service ($) at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;78 | &nbsp;&nbsp;Mortgage Loan Monthly Debt Service ($) at Cap Rate | &nbsp;&nbsp;Recalculation |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 8 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;79 | &nbsp;&nbsp;Mortgage Loan Annual Debt Service ($) at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;80 | &nbsp;&nbsp;Mezzanine Loan Monthly Debt Service ($) at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;81 | &nbsp;&nbsp;Mezzanine Loan Annual Debt Service ($) at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;82 | &nbsp;&nbsp;Mezzanine Loan Monthly Debt Service ($) at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;83 | &nbsp;&nbsp;Mezzanine Loan Annual Debt Service ($) at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;84 | &nbsp;&nbsp;Total Loan Monthly Debt Service ($) at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;85 | &nbsp;&nbsp;Total Loan Annual Debt Service ($) at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;86 | &nbsp;&nbsp;Total Loan Monthly Debt Service ($) at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;87 | &nbsp;&nbsp;Total Loan Annual Debt Service ($) at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;88 | &nbsp;&nbsp;Prepayment Provision (Payments) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;89 | &nbsp;&nbsp;Prepayment Provision Comments | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;90 | &nbsp;&nbsp;Partial Release Allowed? | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;91 | &nbsp;&nbsp;Partial Release Description | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;92 | &nbsp;&nbsp;As-Is Appraised Value ($) | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;93 | &nbsp;&nbsp;As-Is Appraised Value ($) Per Square Foot | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;94 | &nbsp;&nbsp;As-Stabilized Appraised Value ($) | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;95 | &nbsp;&nbsp;As-Stabilized Appraised Value ($) Per Square Foot | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;96 | &nbsp;&nbsp;As-Is Appraisal Date | &nbsp;&nbsp;Appraisal Report |  |
| &nbsp;&nbsp;97 | &nbsp;&nbsp;As-Stabilized Appraisal Date | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;98 | &nbsp;&nbsp;Environmental Report Date | &nbsp;&nbsp;Environmental Report |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 9 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;99 | &nbsp;&nbsp;Engineering Report Date | &nbsp;&nbsp;Engineering Report |  |
| &nbsp;&nbsp;100 | &nbsp;&nbsp;As-Is Mortgage Loan Cutoff Date LTV % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;101 | &nbsp;&nbsp;As-Is Mortgage Loan Maturity Date LTV % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;102 | &nbsp;&nbsp;As-Is Total Debt Cutoff Date LTV % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;103 | &nbsp;&nbsp;As-Is Total Debt Maturity Date LTV % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;104 | &nbsp;&nbsp;As-Stabilized Mortgage Loan Cutoff Date LTV % | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;105 | &nbsp;&nbsp;As-Stabilized Mortgage Loan Maturity Date LTV % | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;106 | &nbsp;&nbsp;2022 Revenues ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;107 | &nbsp;&nbsp;2022 Expenses ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;108 | &nbsp;&nbsp;2022 NOI ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;109 | &nbsp;&nbsp;2022 NCF ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;110 | &nbsp;&nbsp;2023 Revenues ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;111 | &nbsp;&nbsp;2023 Expenses ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;112 | &nbsp;&nbsp;2023 NOI ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;113 | &nbsp;&nbsp;2023 NCF ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;114 | &nbsp;&nbsp;2024 Revenues ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;115 | &nbsp;&nbsp;2024 Expenses ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;116 | &nbsp;&nbsp;2024 NOI ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;117 | &nbsp;&nbsp;2024 NCF ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;118 | &nbsp;&nbsp;UW (in place) Occupancy | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;119 | &nbsp;&nbsp;UW (in place) Revenues ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;120 | &nbsp;&nbsp;UW (in place) Total Expenses ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;121 | &nbsp;&nbsp;UW (in place) NOI ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;122 | &nbsp;&nbsp;UW (in place) Replacement Reserves ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;123 | &nbsp;&nbsp;UW (in place) TI/LC ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;124 | &nbsp;&nbsp;UW (in place) NCF ($) | &nbsp;&nbsp;Underwriting File | &nbsp;&nbsp;$1 |
| &nbsp;&nbsp;125 | &nbsp;&nbsp;Mortgage Loan UW (in place) NOI DSCR at Loan Rate | &nbsp;&nbsp;Recalculation |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 10 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;126 | &nbsp;&nbsp;Mortgage Loan UW (in place) NCF DSCR at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;127 | &nbsp;&nbsp;Mortgage Loan UW (in place) NOI DSCR at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;128 | &nbsp;&nbsp;Mortgage Loan UW (in place) NCF DSCR at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;129 | &nbsp;&nbsp;Mortgage Loan UW (in place) NOI Debt Yield % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;130 | &nbsp;&nbsp;Mortgage Loan UW (in place) NCF Debt Yield % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;131 | &nbsp;&nbsp;Total Debt UW (in place) NOI DSCR at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;132 | &nbsp;&nbsp;Total Debt UW (in place) NCF DSCR at Loan Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;133 | &nbsp;&nbsp;Total Debt UW (in place) NOI DSCR at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;134 | &nbsp;&nbsp;Total Debt UW (in place) NCF DSCR at Cap Rate | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;135 | &nbsp;&nbsp;Total Debt UW (in place) NOI Debt Yield % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;136 | &nbsp;&nbsp;Total Debt UW (in place) NCF Debt Yield % | &nbsp;&nbsp;Recalculation |  |
| &nbsp;&nbsp;137 | &nbsp;&nbsp;Lien Position | &nbsp;&nbsp;Title Policy |  |
| &nbsp;&nbsp;138 | &nbsp;&nbsp;Title Type | &nbsp;&nbsp;Title Policy |  |
| &nbsp;&nbsp;139 | &nbsp;&nbsp;Ground Lease Expiration Date (Fully Extended) | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;140 | &nbsp;&nbsp;Annual Ground Rent | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;141 | &nbsp;&nbsp;PML % | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;142 | &nbsp;&nbsp;PML Report Date | &nbsp;&nbsp;Not Applicable\* |  |
| &nbsp;&nbsp;143 | &nbsp;&nbsp;Upfront Capex Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;144 | &nbsp;&nbsp;Upfront Engin. Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;145 | &nbsp;&nbsp;Upfront TI/LC Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;146 | &nbsp;&nbsp;Upfront RE Tax Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;147 | &nbsp;&nbsp;Upfront Ins. Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;148 | &nbsp;&nbsp;Upfront Other Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 11 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;149 | &nbsp;&nbsp;Upfront Other Reserve Description | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;150 | &nbsp;&nbsp;Monthly Capex Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;151 | &nbsp;&nbsp;Monthly TI/LC Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;152 | &nbsp;&nbsp;Monthly RE Tax Reserve ($) | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;153 | &nbsp;&nbsp;Monthly Ins. Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;154 | &nbsp;&nbsp;Monthly Other Reserve ($) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;155 | &nbsp;&nbsp;Monthly Other Reserve Description | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;156 | &nbsp;&nbsp;Trigger Period Description | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;157 | &nbsp;&nbsp;Largest Tenant | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;158 | &nbsp;&nbsp;Largest Tenant Unit Size | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;159 | &nbsp;&nbsp;Largest Tenant Lease Expiration Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;160 | &nbsp;&nbsp;Second Largest Tenant | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;161 | &nbsp;&nbsp;Second Largest Tenant Unit Size | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;162 | &nbsp;&nbsp;Second Largest Tenant Lease Expiration Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;163 | &nbsp;&nbsp;Third Largest Tenant | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;164 | &nbsp;&nbsp;Third Largest Tenant Unit Size | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;165 | &nbsp;&nbsp;Third Largest Tenant Lease Expiration Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;166 | &nbsp;&nbsp;Fourth Largest Tenant | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;167 | &nbsp;&nbsp;Fourth Largest Tenant Unit Size | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;168 | &nbsp;&nbsp;Fourth Largest Tenant Lease Expiration Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;169 | &nbsp;&nbsp;Fifth Largest Tenant | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;170 | &nbsp;&nbsp;Fifth Largest Tenant Unit Size | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;171 | &nbsp;&nbsp;Fifth Largest Tenant Lease Expiration Date | &nbsp;&nbsp;Underwriting File |  |
| &nbsp;&nbsp;172 | &nbsp;&nbsp;Loan Purpose | &nbsp;&nbsp;None - Company Provided |  |
| &nbsp;&nbsp;173 | &nbsp;&nbsp;Borrower Name | &nbsp;&nbsp;Loan Agreement |  |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 12 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT A** |
| &nbsp;&nbsp;**Loan File Review Procedures** |  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp; **Source Document** <br> **(by order of priority)** | &nbsp;&nbsp;**Tolerance Levels** |
| &nbsp;&nbsp;174 | &nbsp;&nbsp;Single Purpose Borrower (Y/N) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;175 | &nbsp;&nbsp;Principal / Sponsor | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;176 | &nbsp;&nbsp;Carveout Guarantor | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;177 | &nbsp;&nbsp;Property Manager | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;178 | &nbsp;&nbsp;Lockbox (Y/N) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;179 | &nbsp;&nbsp;Lockbox Type | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;180 | &nbsp;&nbsp;Cash Management | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;181 | &nbsp;&nbsp;Assumption Frequency | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;182 | &nbsp;&nbsp;Assumption Fee | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;183 | &nbsp;&nbsp;Future Debt Permitted (Y/N) | &nbsp;&nbsp;Loan Agreement |  |
| &nbsp;&nbsp;184 | &nbsp;&nbsp;Future Debt Description | &nbsp;&nbsp;Loan Agreement |  |

---

\* The fields for the noted Specified Attributes were either not populated in the Final Data File or populated with the term "NAP". As such, we were instructed by the Company to not perform any procedures on these Specified Attributes.

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 13 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT B** |
| &nbsp;&nbsp;**Recalculation Methodology** |  |

---

**Exhibit B – Recalculation Methodology**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Recalculation Methodology** |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;% of Initial Pooled Balance | &nbsp;&nbsp;Quotient of (i) Mortgage Loan Cut-off Balance ($) and (ii) Mortgage Loan Cut-off Balance ($). |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Mortgage Loan Cut-off Balance ($) | &nbsp;&nbsp;Set equal to the Mortgage Loan Original Balance ($). |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Mortgage Loan Cut-off Balance / Square Foot ($) | &nbsp;&nbsp;Quotient of (i) Mortgage Loan Cut-off Balance ($) and (ii) Total Square Feet. |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Mortgage Loan Maturity Balance ($) | &nbsp;&nbsp;Set equal to the Mortgage Loan Original Balance ($). |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Mezzanine Loan Cut-Off Balance ($) | &nbsp;&nbsp;Set equal to the Mezzanine Loan Original Balance ($). |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Mezzanine Loan Cut-off Balance / Square Foot ($) | &nbsp;&nbsp;Quotient of (i) Mezzanine Loan Cut-off Balance ($) and (ii) Total Square Feet. |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Mezzanine Loan Maturity Balance ($) | &nbsp;&nbsp;Set equal to the Mezzanine Loan Original Balance ($). |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Total Debt Original Balance ($) | &nbsp;&nbsp;Sum of (i) Mortgage Loan Original Balance ($) and (ii) Mezzanine Loan Original Balance ($). |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Total Debt Cut-Off Balance ($) | &nbsp;&nbsp;Sum of (i) Mortgage Loan Cut-off Balance ($) and (ii) Mezzanine Loan Cut-off Balance ($). |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Total Debt Cut-off Balance / Square Foot ($) | &nbsp;&nbsp;Quotient of (i) Total Debt Cut-off Balance ($) and (ii) Total Square Feet. |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Total Debt Maturity Balance ($) | &nbsp;&nbsp;Sum of (i) Mortgage Loan Maturity Balance ($) and (ii) Mezzanine Loan Maturity Balance ($). |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Total Debt Margin % | &nbsp;&nbsp;Quotient of (i) Sum of product of (a) Mortgage Loan Cut-off Balance ($) and Mortgage Loan Margin % and (b) Mezzanine Loan Cut-off Balance and Mezzanine Loan Margin % and (ii) Total Debt Cut-Off Balance ($). |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Total Debt SOFR Floor % | &nbsp;&nbsp;Quotient of (i) Sum of product of (a) Mortgage Loan Cut-off Balance ($) and Mortgage Loan SOFR Floor % and (b) Mezzanine Loan Cut-off Balance and Mezzanine Loan SOFR Floor % and (ii) Total Debt Cut-Off Balance ($). |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Mortgage Loan Rate % | &nbsp;&nbsp;Sum of (i) Mortgage Loan Margin % and (ii) Assumed SOFR. |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Mortgage Loan Interest Rate (at SOFR Cap) | &nbsp;&nbsp;Sum of (i) Mortgage Loan Margin % and (ii) SOFR Cap Strike Price %. |
| &nbsp;&nbsp;47 | &nbsp;&nbsp;Net Mortgage Loan Rate % | &nbsp;&nbsp;The difference between (i) Mortgage Loan Rate % and (ii) Mortgage Loan Admin. Fee %. |
| &nbsp;&nbsp;48 | &nbsp;&nbsp;Mezzanine Loan Rate % | &nbsp;&nbsp;Sum of (i) Mezzanine Loan Margin % and (ii) Assumed SOFR. |
| &nbsp;&nbsp;49 | &nbsp;&nbsp;Total Debt Rate % | &nbsp;&nbsp;Sum of (i) Total Debt Margin % and (ii) Assumed SOFR %. |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 14 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT B** |
| &nbsp;&nbsp;**Recalculation Methodology** |  |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Recalculation Methodology** |
| &nbsp;&nbsp;54 | &nbsp;&nbsp;Initial Original Term | &nbsp;&nbsp;Count of the number of monthly payment dates, from and inclusive of (i) First Payment Date, to and including (ii) Initial Maturity Date. |
| &nbsp;&nbsp;55 | &nbsp;&nbsp;Initial Remaining Term | &nbsp;&nbsp;Difference between (i) Initial Original Term and (ii) Seasoning. |
| &nbsp;&nbsp;57 | &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Count of the number of monthly payment dates, from and inclusive of (i) the First Payment Date and (ii) the Cut-off Date. |
| &nbsp;&nbsp;67 | &nbsp;&nbsp;Fully Extended Original Term | &nbsp;&nbsp;Count of the number of monthly payment dates, from and inclusive of (i) First Payment Date, to and including (ii) Fully Extended Maturity Date. |
| &nbsp;&nbsp;68 | &nbsp;&nbsp;Fully Extended Remaining Term | &nbsp;&nbsp;Difference between (i) Fully Extended Original Term and (ii) Seasoning. |
| &nbsp;&nbsp;76 | &nbsp;&nbsp;Mortgage Loan Monthly Debt Service ($) at Loan Rate | &nbsp;&nbsp;Quotient of (i) product of (a) Mortgage Loan Cut-off Balance ($), (b) Mortgage Loan Interest Rate %, and (c) the Mortgage Accrual Type and (ii) 12. |
| &nbsp;&nbsp;77 | &nbsp;&nbsp;Mortgage Loan Annual Debt Service ($) at Loan Rate | &nbsp;&nbsp;Product of (i) Mortgage Loan Monthly Debt Service ($) at Loan Rate and (ii) 12. |
| &nbsp;&nbsp;78 | &nbsp;&nbsp;Mortgage Loan Monthly Debt Service ($) at Cap Rate | &nbsp;&nbsp;Quotient of (i) product of (a) Mortgage Loan Cut-off Balance ($), (b) Mortgage Loan Interest Rate (at SOFR Cap), and (c) the Mortgage Accrual Type and (ii) 12. |
| &nbsp;&nbsp;79 | &nbsp;&nbsp;Mortgage Loan Annual Debt Service ($) at Cap Rate | &nbsp;&nbsp;Product of (i) Mortgage Loan Monthly Debt Service ($) at Cap Rate and (ii) 12. |
| &nbsp;&nbsp;80 | &nbsp;&nbsp;Mezzanine Loan Monthly Debt Service ($) at Loan Rate | &nbsp;&nbsp;Quotient of (i) product of (a) Mezzanine Loan Cut-Off Balance ($), (b) Mezzanine Loan Rate %, and (c) the Mortgage Accrual Type and (ii) 12. |
| &nbsp;&nbsp;81 | &nbsp;&nbsp;Mezzanine Loan Annual Debt Service ($) at Loan Rate | &nbsp;&nbsp;Product of (i) Mezzanine Loan Monthly Debt Service ($) at Loan Rate and (ii) 12. |
| &nbsp;&nbsp;82 | &nbsp;&nbsp;Mezzanine Loan Monthly Debt Service ($) at Cap Rate | &nbsp;&nbsp;Quotient of (i) product of (a) Mezzanine Loan Cut-Off Balance ($), (b) the sum of (x) Mezzanine Loan Margin % and (y) Mezzanine Cap Strike Price %, (c) the Mortgage Accrual Type and (ii) 12. |
| &nbsp;&nbsp;83 | &nbsp;&nbsp;Mezzanine Loan Annual Debt Service ($) at Cap Rate | &nbsp;&nbsp;Product of (i) Mezzanine Loan Monthly Debt Service ($) at Cap Rate and (ii) 12. |
| &nbsp;&nbsp;84 | &nbsp;&nbsp;Total Loan Monthly Debt Service ($) at Loan Rate | &nbsp;&nbsp;Sum of (i) Mortgage Loan Monthly Debt Service ($) at Loan Rate and (ii) Mezzanine Loan Monthly Debt Service ($) at Loan Rate. |
| &nbsp;&nbsp;85 | &nbsp;&nbsp;Total Loan Annual Debt Service ($) at Loan Rate | &nbsp;&nbsp;Sum of (i) Mortgage Loan Annual Debt Service ($) at Loan Rate and (ii) Mezzanine Loan Annual Debt Service ($) at Loan Rate. |

---

*PricewaterhouseCoopers LLP, 300 Madison Avenue, New York, NY 10017* <br> T: (646) 471-3000, F: (813)-286-6000 www.pwc.com 15 <br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;**NYC 2025-YORK** | &nbsp;&nbsp; **EXHIBIT B** |
| &nbsp;&nbsp;**Recalculation Methodology** |  |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**#** | &nbsp;&nbsp;**Specified Attribute** | &nbsp;&nbsp;**Recalculation Methodology** |
| &nbsp;&nbsp;86 | &nbsp;&nbsp;Total Loan Monthly Debt Service ($) at Cap Rate | &nbsp;&nbsp;Sum of (i) Mortgage Loan Monthly Debt Service ($) at Cap Rate and (ii) Mezzanine Loan Monthly Debt Service ($) at Cap Rate. |
| &nbsp;&nbsp;87 | &nbsp;&nbsp;Total Loan Annual Debt Service ($) at Cap Rate | &nbsp;&nbsp;Sum of (i) Mortgage Loan Annual Debt Service ($) at Cap Rate and (ii) Mezzanine Loan Annual Debt Service ($) at Cap Rate. |
| &nbsp;&nbsp;93 | &nbsp;&nbsp;As-Is Appraised Value ($) Per Square Foot | &nbsp;&nbsp;Quotient of (i) the As-is Appraised Value ($) and (ii) Total Square Feet. |
| &nbsp;&nbsp;100 | &nbsp;&nbsp;As-Is Mortgage Loan Cutoff Date LTV % | &nbsp;&nbsp;Quotient of (i) Mortgage Loan Cut-off Balance ($) and (ii) the As-is Appraised Value ($). |
| &nbsp;&nbsp;101 | &nbsp;&nbsp;As-Is Mortgage Loan Maturity Date LTV % | &nbsp;&nbsp;Quotient of (i) Mortgage Loan Maturity Balance ($) and (ii) the As-is Appraised Value ($). |
| &nbsp;&nbsp;102 | &nbsp;&nbsp;As-Is Total Debt Cutoff Date LTV % | &nbsp;&nbsp;Quotient of (i) Total Debt Cut-off Balance ($) and (ii) the As-is Appraised Value ($). |
| &nbsp;&nbsp;103 | &nbsp;&nbsp;As-Is Total Debt Maturity Date LTV % | &nbsp;&nbsp;Quotient of (i) Total Debt Maturity Balance ($) and (ii) the As-is Appraised Value ($). |
| &nbsp;&nbsp;125 | &nbsp;&nbsp;Mortgage Loan UW (in place) NOI DSCR at Loan Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NOI ($) and (ii) Mortgage Loan Annual Debt Service ($) at Loan Rate. |
| &nbsp;&nbsp;126 | &nbsp;&nbsp;Mortgage Loan UW (in place) NCF DSCR at Loan Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NCF ($) and (ii) Mortgage Loan Annual Debt Service ($) at Loan Rate. |
| &nbsp;&nbsp;127 | &nbsp;&nbsp;Mortgage Loan UW (in place) NOI DSCR at Cap Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NOI ($) and (ii) Mortgage Loan Annual Debt Service ($) at Cap Rate. |
| &nbsp;&nbsp;128 | &nbsp;&nbsp;Mortgage Loan UW (in place) NCF DSCR at Cap Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NCF ($) and (ii) Mortgage Loan Annual Debt Service ($) at Cap Rate. |
| &nbsp;&nbsp;129 | &nbsp;&nbsp;Mortgage Loan UW (in place) NOI Debt Yield % | &nbsp;&nbsp;Quotient of (i) UW (in place) NOI and (ii) Mortgage Loan Cut-off Balance ($). |
| &nbsp;&nbsp;130 | &nbsp;&nbsp;Mortgage Loan UW (in place) NCF Debt Yield % | &nbsp;&nbsp;Quotient of (i) UW (in place) NCF and (ii) Mortgage Loan Cut-off Balance ($). |
| &nbsp;&nbsp;131 | &nbsp;&nbsp;Total Debt UW (in place) NOI DSCR at Loan Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NOI and (ii) Total Loan Monthly Debt Service ($) at Loan Rate. |
| &nbsp;&nbsp;132 | &nbsp;&nbsp;Total Debt UW (in place) NCF DSCR at Loan Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NCF and (ii) Total Loan Monthly Debt Service ($) at Loan Rate. |
| &nbsp;&nbsp;133 | &nbsp;&nbsp;Total Debt UW (in place) NOI DSCR at Cap Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NOI and (ii) Total Loan Annual Debt Service ($) at Cap Rate. |
| &nbsp;&nbsp;134 | &nbsp;&nbsp;Total Debt UW (in place) NCF DSCR at Cap Rate | &nbsp;&nbsp;Quotient of (i) UW (in place) NCF and (ii) Total Loan Annual Debt Service ($) at Cap Rate. |
| &nbsp;&nbsp;135 | &nbsp;&nbsp;Total Debt UW (in place) NOI Debt Yield % | &nbsp;&nbsp;Quotient of (i) UW (in place) NOI and (ii) Total Debt Cut-Off Balance ($). |
| &nbsp;&nbsp;136 | &nbsp;&nbsp;Total Debt UW (in place) NCF Debt Yield % | &nbsp;&nbsp;Quotient of (i) UW (in place) NCF and (ii) Total Debt Cut-Off Balance ($). |

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