# EDGAR Filing Document

**Accession Number:** 0000850779
**File Stem:** 0001539497-23-000123
**Filing Date:** 2023-2
**Character Count:** 27960
**Document Hash:** 53040be7b5c7ec50d7a37f59169714f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-23-000123.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001539497-23-000123

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

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20230203

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

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0000850779
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561643598
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00461
- **FILM NUMBER:** 23586703

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 20020304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19960520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19951013
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0000850779
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561643598
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

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

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 20020304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19960520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19951013
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WELLS FARGO COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0000850779
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **IRS NUMBER:** 561643598
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00461

**BUSINESS ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166
- **BUSINESS PHONE:** 7043832556

**MAIL ADDRESS:**
- **STREET 1:** 301 SOUTH COLLEGE STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28228-0166

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WACHOVIA COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 20020304

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION COMMERCIAL MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19960520

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST UNION MORTGAGE SECURITIES INC
- **DATE OF NAME CHANGE:** 19951013

**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**

<br> Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:<br>[_] 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) [_]<br>Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [_]<br>Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [_]

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

Central Index Key Number of depositor: 0000850779

OAKST Commercial Mortgage Trust 2023-NLP

<br> (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> 

 <u>A.J. Sfarra, (212) 214-5613</u> 

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 Exhibit 1 hereto is an agreed-upon procedures report, dated February 3, 2023, obtained by the depositor, with respect to certain agreed-upon procedures performed by KPMG LLP.

**SIGNATURES**

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.

Wells Fargo Commercial Mortgage Securities, Inc.

(Depositor)

Date: February 3, 2023

<u>/s/ Anthony J. Sfarra</u> 

By: Anthony J. Sfarra, President<br> (senior officer in charge of securitization of the depositor)

Exhibit 1 Independent Accountants' Report on Applying Agreed-Upon Procedures, dated February 3, 2023.

## Ex-1

**Exhibit 1**

---

| | |
|:---|:---|
| ![](kpmglogo.jpg) |  |
|  | KPMG LLP<br> Suite 900<br> 8350 Broad Street<br> McLean, VA 22102 |

---

**Independent Accountants' Report on Applying Agreed-Upon Procedures**

Wells Fargo Commercial Mortgage Securities, Inc. (the "Company")

Wells Fargo Bank, National Association

Wells Fargo Securities, LLC

KeyBank National Association

KeyBanc Capital Markets, Inc.

(together, the "Specified Parties"):

Re: OAKST Commercial Mortgage Trust 2023-NLP – Data File Procedures

We have performed the procedures described below on the specified attributes in an electronic data file entitled "OAKST 2023-NLP Accounting Tape.xlsx" provided by the Company on February 3, 2023 (the "Data File"), containing information on one mortgage loan ("Mortgage Loan") and 42 related mortgaged properties ("Mortgaged Properties") as of February 11, 2023 (the "Cut-off Date"), which we were informed are intended to be included as collateral in the offering by OAKST Commercial Mortgage Trust 2023-NLP, Commercial Mortgage Pass-Through Certificates, Series 2023-NLP (the "Certificates"). The Company is responsible for the specified attributes identified by the Company in the Data File.

The Specified Parties have agreed to and acknowledged that the procedures performed are appropriate to meet their intended purpose of assisting specified parties in evaluating the accuracy of the specified attributes in the Data File. This report may not be suitable for any other purpose. No other parties have agreed to or acknowledged the appropriateness of these procedures for the intended purpose or any other purpose.

The procedures performed may not address all the items of interest to a specified party of this report and may not meet the needs of all specified parties of this report and, as such, specified parties are responsible for determining whether the procedures performed are appropriate for their purposes. We make no representation regarding the appropriateness of the procedures either for the intended purpose or for any other purpose

Unless otherwise stated, the following definitions have been adopted in presenting our procedures and findings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "compared"
means compared to the information shown and found it to be in agreement, unless otherwise stated. Such compared information was deemed
to be in agreement if differences were within the reporting threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "recomputed" means recalculated
and compared the result to the information shown and found it to be in agreement, unless otherwise stated. Such recomputed information
was deemed to be in agreement if differences were within the reporting threshold.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "reporting threshold" means that
dollar amounts and percentages were within $1.00 and 0.1%, respectively.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "Loan Files" means the copies
of source documents provided by the Company and listed in Attachment A. We make no representation regarding the validity or accuracy of
these documents.

KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

![](kpmglogo2.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "Draft" means source documents
provided by the Company and listed in Attachment A are in draft form and are not executed with signatures as of the date of this report.
We make no representation regarding the validity or accuracy of these documents.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "Compared Attributes" means the
list of fields in the Data File which were selected by the Company for us to perform comparison procedures for and are listed in Attachment
A. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "Recomputed Attributes" means
the list of fields in the Data File which were selected by the Company for us to perform recomputation procedures for and are listed in
Attachment B.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "Calculation Methodology" means
the formula listed in the Calculation Methodology field of the Attachment B containing the calculation methodology for the Recomputed
Attributes provided by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· The term "Provided Information" means the Loan Files, and Calculation Methodology.

Prior to being provided the Data File, we received one or more earlier versions of the data file on which to perform our procedures. In performing those procedures, we identified differences which were communicated to the Specified Parties. The Data File represents the revised information reflecting resolution of differences communicated as determined appropriate by the Specified Parties. We performed the procedures on the Data File, and the results of those procedures are reflected herein.

The procedures we were instructed by the Company to perform and the associated findings are as follows.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. We compared the Compared Attributes in the Data File to the corresponding information included in the
Loan Files. The Specified Parties indicated that the absence of any of the information in the Loan Files or the inability to agree the
indicated information from the Data File to the Loan Files for each of the attributes identified, constituted an exception. The document
priority is the order provided by the Company, which is listed in the "Source Document(s)" column in Attachment A, with the
highest priority document listed first.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. We recomputed the Recomputed Attributes in the Data File using (i) the corresponding information contained
in the Data File, and (ii) the Calculation Methodology.

We were engaged by the Company to perform this agreed-upon procedures engagement. We conducted our engagement in accordance with attestation standards established by the American Institute of Certified Public Accountants, which involves us performing the specific procedures agreed to and acknowledged above and reporting on findings based on performing those procedures. We were not engaged to, and did not, conduct an examination or review, the objective of which would be the expression of an opinion or conclusion, respectively, on the specified attributes in the 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.

We are required to be independent of the Company and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements related to our agreed-upon procedures engagement.

The procedures performed were applied based on the information included in the Data File and Provided Information, without verification or evaluation of such information by us; therefore, we express no opinion or any other form of assurance regarding (i) the reasonableness of the information provided to us by the Company, (ii) the physical existence of the Mortgage Loan and related Mortgaged Properties, (iii) the reliability or accuracy of the Provided Information which was used in our procedures, or (iv) matters of legal interpretation

The procedures performed were not intended to address, nor did they address: (i) the conformity of the origination of the Mortgage Loan to stated underwriting or credit extension guidelines, standards, criteria or other requirements, (ii) the value of collateral securing any such Mortgage Loan being securitized, (iii) the compliance of the originator of the Mortgage Loan with federal, state, and local laws and regulations, or (iv) any

![](kpmglogo2.jpg)

other factor or characteristic of the Mortgage Loan and related Mortgaged Properties that would be material to the likelihood that the issuer of the notes will pay interest and principal in accordance with applicable terms and conditions. The procedures performed were not intended to satisfy any criteria for due diligence published by the nationally recognized statistical rating organizations ("NRSROs").

The terms of our engagement are such that we have no responsibility to update this report because of events and circumstances that may subsequently occur.

This report is intended solely for the information and use of the Specified Parties. It is not intended to be and should not be used by any other person or entity, including investors or the NRSROs, who are not identified in the report as the Specified Parties but may have access to this report as required by law or regulation.

/s/KPMG LLP

McLean, VA

February 3, 2023

**ATTACHMENT A**

**COMPARED ATTRIBUTES**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;State | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;County | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Nearest MSA | &nbsp;&nbsp;Appraisal; Truckee-Grass Valley MSA.pdf |
| &nbsp;&nbsp;# of Buildings | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Property Sub type | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Master Tenant | &nbsp;&nbsp;Master Lease |
| &nbsp;&nbsp;Save Mart Banner/Anchor Tenant | &nbsp;&nbsp;Master Lease |
| &nbsp;&nbsp;Borrower Name | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Guarantor | &nbsp;&nbsp;Draft Guaranty |
| &nbsp;&nbsp;SF | &nbsp;&nbsp;Rent Exhibit.docx |
| &nbsp;&nbsp;Purchase Price | &nbsp;&nbsp;Appraisal; Underwritten Cash Flows |
| &nbsp;&nbsp;Note Date | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;First Payment Date | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial Maturity Date or Anticipated Repayment Date | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Fully Extended Maturity Date or Anticipated Repayment Date | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Mortgage Rate | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Rate Type | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Interest Accrual Basis | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Interest Rate Change Amount | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Interest Rate Change Trigger | &nbsp;&nbsp;Draft Loan Agreement |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Allocated Loan Amount | &nbsp;&nbsp;ONLP Draft ALAs 2-1-23.xlsx |
| &nbsp;&nbsp;Original Principal Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Loan Level Cut-Off Date Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Property Level Cut-Off Date Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Prepayment Restriction Code | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Partial Release and/or Partial Prepayment (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Partial Release and/or Prepayment Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Amortization Term (Original) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Loan Term (Original) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Extension Options Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;IO Period | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Loan Amortization Type | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;ARD Loan (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Appraisal Firm | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;As-Is Appraisal Valuation Date | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;As-Is Appraised Value | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Year Built / Renovated | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Parking Spaces | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Land Size (Acres) | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Clear Height (ft.) | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Drive-In Doors | &nbsp;&nbsp;Appraisal; NLP CMBS Data Tape_11.21.2022 Target Pool.xlsx |
| &nbsp;&nbsp;Loading Docks | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;% Office | &nbsp;&nbsp;Appraisal |
| &nbsp;&nbsp;Lease Commencement | &nbsp;&nbsp;Master Lease; Rent Exhibit.docx |
| &nbsp;&nbsp;Lease Exp. | &nbsp;&nbsp;Master Lease; Rent Exhibit.docx |
| &nbsp;&nbsp;Annual Base Rent as of Jan 2023 | &nbsp;&nbsp;Master Lease; Rent Exhibit.docx |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Rent Escalations (annual) | &nbsp;&nbsp;Master Lease; Rent Exhibit.docx |
| &nbsp;&nbsp;Store Sales (2020) | &nbsp;&nbsp;Borrower provided sales sources; Save Mart Sales Backup Guide.xlsx |
| &nbsp;&nbsp;Stores Sales (2021) | &nbsp;&nbsp;Borrower provided sales sources; Save Mart Sales Backup Guide.xlsx |
| &nbsp;&nbsp;Stores Sales (2022) | &nbsp;&nbsp;Borrower provided sales sources; Save Mart Sales Backup Guide.xlsx |
| &nbsp;&nbsp;1-Mile Pop. | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;3-Mile Pop | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;5-Mile Pop | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;10-Mile Pop | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;1-Mile Median HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;3-Mile Median HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;5-Mile Median HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;10-Mile Median HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;1-Mile Average HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;3-Mile Average HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;5-Mile Average HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;10-Mile Average HH Income | &nbsp;&nbsp;Costar Demographic Reports |
| &nbsp;&nbsp;In-Place Base Rent | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Rent Steps | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Reimbursements | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Gross Potential Income | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Vacancy | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Effective Gross Income | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Real Estate Taxes | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;CAM | &nbsp;&nbsp;Underwritten Cash Flows |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Insurance | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;EQ Insurance | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Borrower Umbrella Insurance | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Terrorism Insurance | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Mgmt Fee | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;OpEx | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;UW NOI | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Replacement Reserves | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Tenant Improvements | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Leasing Commissions | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Total CapEx | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;UW NCF | &nbsp;&nbsp;Underwritten Cash Flows |
| &nbsp;&nbsp;Loan Cross Portfolio Name | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Affiliated Sponsor (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ground Lease Initial Expiration Date | &nbsp;&nbsp;Ground Lease |
| &nbsp;&nbsp;Type of Lockbox | &nbsp;&nbsp;Draft DACA; Draft Cash Management Agreement |
| &nbsp;&nbsp;Engineering Escrow/Deferred Maintenance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Environmental Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Springing Environmental Escrow Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Tax Escrow (Initial) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Tax Escrow (Monthly) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Springing Tax Escrow Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Insurance Escrow (Initial) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Insurance Escrow (Monthly) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Springing Insurance Escrow Description | &nbsp;&nbsp;Draft Loan Agreement |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Replacement Reserve (Initial) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Replacement Reserve (Monthly) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Springing Replacement Reserve Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;TI/LC Reserve (Initial) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;TI/LC Reserve (Monthly) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Springing TI/LC Reserve Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Other Escrow I Reserve Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Other Escrow I (Initial) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Other Escrow I (Monthly) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Springing Other Escrow I Reserve Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Pari Passu Debt (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Whole Loan Original Principal Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Whole Loan Cut-Off Date Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Existing Subordinate Secured Debt (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Sub Sec Debt Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Sub Sec Debt Original Principal Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Sub Sec Debt Cut-Off Date Principal Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Existing Mezzanine Debt (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Mezzanine Debt Cut-Off Date Principal Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Existing Unsecured Debt (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Unsecured Debt Cut-Off Date Principal Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Future Secured Debt Permitted (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Future Mezzanine Debt Permitted (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Future Unsecured Debt Permitted (Y/N) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Environmental Phase I Report Date | &nbsp;&nbsp;Phase I Report |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Phase II Performed | &nbsp;&nbsp;Phase II Report |
| &nbsp;&nbsp;Engineering Report Firm | &nbsp;&nbsp;Property Condition Assessment (PCA) |
| &nbsp;&nbsp;Engineering Report Date | &nbsp;&nbsp;PCA |
| &nbsp;&nbsp;Seismic Report Date | &nbsp;&nbsp;Seismic Report, PCA |
| &nbsp;&nbsp;Seismic PML % | &nbsp;&nbsp;Seismic Report, PCA |
| &nbsp;&nbsp;Seismic Insurance Required and Obtained if PML >= 20% (Y/N) | &nbsp;&nbsp;Seismic Report, PCA |
| &nbsp;&nbsp;Single-Tenant (Y/N) | &nbsp;&nbsp;Underwritten Rent Roll; Rent Exhibit.docx |
| &nbsp;&nbsp;Largest Tenant Name | &nbsp;&nbsp;Underwritten Rent Roll; Rent Exhibit.docx |
| &nbsp;&nbsp;Largest Tenant SqFt | &nbsp;&nbsp;Underwritten Rent Roll; Rent Exhibit.docx; Master Lease |
| &nbsp;&nbsp;Largest Tenant Exp. Date | &nbsp;&nbsp;Underwritten Rent Roll; Rent Exhibit.docx; Master Lease |

---

**ATTACHMENT B**

**RECOMPUTED ATTRIBUTES**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Calculation Methodology** |
| &nbsp;&nbsp;Monthly Debt Service Amount | &nbsp;&nbsp;Mortgage Rate multiplied by 365/360 multiplied by the Original Principal Balance divided by 12 |
| &nbsp;&nbsp;Allocated Loan Amount % | &nbsp;&nbsp;Allocated Loan Amount divided by the aggregate Allocated Loan Amount |
| &nbsp;&nbsp;% of Aggregate Cut-off Date Balance | &nbsp;&nbsp;Property Level Cut-Off Date Balance divided by the aggregate Property Level Cut-Off Date Balance |
| &nbsp;&nbsp;Amortization Term (Remaining) | &nbsp;&nbsp;Amortization Term (Original) minus Seasoning, but shown as IO if the Mortgage Loan is interest-only |
| &nbsp;&nbsp;Loan Term (Remaining) | &nbsp;&nbsp;Loan Term (Original) minus Seasoning |
| &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Number of payments between and including the First Payment Date and the Cut-Off Date |
| &nbsp;&nbsp;Cut-Off Date LTV Ratio | &nbsp;&nbsp;Loan Level Cut-Off Date Balance divided by As-Is Appraised Value |
| &nbsp;&nbsp;LTV Ratio at Maturity or ARD | &nbsp;&nbsp;Balloon Payment divided by As-Is Appraised Value |
| &nbsp;&nbsp;UW NCF DSCR | &nbsp;&nbsp;UW NCF divided by the product of Monthly Debt Service Amount multiplied by 12 |
| &nbsp;&nbsp;Cut-Off Date UW NOI Debt Yield | &nbsp;&nbsp;UW NOI divided by Loan Level Cut-Off Date Balance |
| &nbsp;&nbsp;Cut-Off Date UW NCF Debt Yield | &nbsp;&nbsp;UW NCF divided by Loan Level Cut-Off Date Balance |
| &nbsp;&nbsp;% of Total NCF | &nbsp;&nbsp;Individual property's UW NCF divided by the aggregate UW NCF |

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