# EDGAR Filing Document

**Accession Number:** 0001258361
**File Stem:** 0001539497-25-001573
**Filing Date:** 2025-6
**Character Count:** 40687
**Document Hash:** 435f6802863d06f9cd16f0c4e58388ef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-001573.hdr.sgml**: 20250604

**ACCESSION NUMBER**: 0001539497-25-001573

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

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20250604

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

**FILED AS OF DATE**: 20250604

**DATE AS OF CHANGE**: 20250604

**ABS RULE**: RULE-15GA2

**REGISTERED ENTITY**: N

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0001258361
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 861073506
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00521
- **FILM NUMBER:** 251022614

**BUSINESS ADDRESS:**
- **STREET 1:** 390 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 2128165343

**MAIL ADDRESS:**
- **STREET 1:** 390 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
**DEPOSITOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0001258361
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 861073506
- **STATE OF INCORPORATION:** DE

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

**BUSINESS ADDRESS:**
- **STREET 1:** 390 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 2128165343

**MAIL ADDRESS:**
- **STREET 1:** 390 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
**SECURITIZER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CITIGROUP COMMERCIAL MORTGAGE SECURITIES INC
- **CENTRAL INDEX KEY:** 0001258361
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 861073506
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** ABS-15G
- **SEC ACT:** Dodd Frank Act
- **SEC FILE NUMBER:** 025-00521

**BUSINESS ADDRESS:**
- **STREET 1:** 390 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013
- **BUSINESS PHONE:** 2128165343

**MAIL ADDRESS:**
- **STREET 1:** 390 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10013

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM ABS-l5G**

**ASSET-BACKED SECURITIZER**

**REPORT PURSUANT TO SECTION 15G OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

Check the appropriate box to indicate the filing obligation 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) [_]

<u> X</u> Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)

Central Index Key Number of depositor: 0001258361

ILPT Commercial Mortgage Trust 2025-LPF2<br> (Exact name of issuing entity as specified in its charter)

Central Index Key Number of issuing entity: Not applicable

Central Index Key Number of underwriter: Not applicable

<u>Richard Simpson, Citigroup Commercial Mortgage Securities Inc., (212) 816-5343</u> <br> Name and telephone number, including area code, of the person to contact in connection with this filing

**PART II – 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.**

See Independent Accountants' Agreed-Upon Procedures Report, dated June 4, 2025, which was obtained by the depositor, attached as Exhibit 99.1 to this Form ABS-15G.

**Item 2.02 Findings and Conclusions of a Third Party Due Diligence Report Obtained by the Underwriter.**

Not Applicable

**Exhibits.**

99.1 Independent Accountants' Agreed-Upon Procedures Report, dated June 4, 2025.

**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.

Date: June 4, 2025

---

| |
|:---|
| Citigroup Commercial Mortgage Securities Inc. |
| (Depositor) |
| /s/ Richard Simpson |
| Name: Richard Simpson |
| Title: President |

---

**EXHIBIT INDEX**

Exhibit Number Description <br>Exhibit 99.1 Independent Accountants' Agreed-Upon Procedures Report, dated June 4, 2025.

## Exhibit 99.1

**Exhibit 99.1**

---

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

---

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

Citigroup Commercial Mortgage Securities Inc.<br> Citi Real Estate Funding Inc.<br> (together, the "Company")<br> Citigroup Global Markets Inc.<br> Morgan Stanley & Co. LLC<br> Morgan Stanley Mortgage Capital Holdings LLC<br> Bank of America, N.A.<br> BofA Securities, Inc.<br> UBS Securities LLC<br> UBS AG New York Branch<br> BMO Capital Markets Corp.<br> Bank of Montreal<br> RBC Capital Markets, LLC<br> Royal Bank of Canada<br> (collectively, the "Specified Parties"):

Re: ILPT Commercial Mortgage Trust 2025-LPF2 – Data File Procedures

We have performed the procedures described below on the specified attributes in an electronic data file entitled "ILPT 2025-LPF2_Accounting Tape_Final.xlsx" provided by the Company on June 4, 2025 (the "Data File"), containing information on one mortgage loan (the "Mortgage Loan") and 102 related properties (the "Properties") as of July 9, 2025 (the "Cut-off Date"), which we were informed is intended to be included as collateral in the offering by ILPT Commercial Mortgage Trust 2025-LPF2, Commercial Mortgage Pass-Through Certificates, Series 2025-LPF2 (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:

· 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.

· 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.

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)

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

· The term "Provided by Company", when used in the "Source Document(s)" column of Attachment A, means we were instructed by the Company to assume the attribute is accurate and not perform any procedure.

· The term "Loan Files" means the electronic copies of source documents provided by the Company and listed in Attachment A. Where the term "Draft" is used, it means source documents provided by the Company and listed in the 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 any of the source documents.

· 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.

· 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.

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

· The term "Provided Information" means the Cut-off Date, 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 Company. The Data File represents the revised information reflecting resolution of differences communicated as determined appropriate by the Company. 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:

A. For the Mortgage Loan and Properties included in the Data File, we compared the Compared Attributes in the Data File (except for those with "Provided by Company" in the "Source Document(s)" column of Attachment A) 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, except for those Compared Attributes with "Provided by Company" in the "Source Document(s)" column of Attachment A. The document priority is the order provided by the Company, which is listed in the "Source Document(s)" column of Attachment A, with the highest priority document listed first.

B. For the Mortgage Loan and Properties included in the Data File, 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 found such information to be in agreement without exception.

We were engaged by the Company to perform this agreed-upon procedures engagement and 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.

![](kpmglogo2.jpg)

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 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 the 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 other factor or characteristic of the Mortgage Loan and related Properties that would be material to the likelihood that the issuer of the Certificates 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, Virginia<br> June 4, 2025

**ATTACHMENT A**

**COMPARED ATTRIBUTES**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Property ID | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Property Rank | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Property Name | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Property Type | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Property Sub-Type | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Previous Securitization | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Address | &nbsp;&nbsp;Appraisal Report; Title Policy |
| &nbsp;&nbsp;City | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;County | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;State | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Zip | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Market | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Year Built | &nbsp;&nbsp;Appraisal Report; Engineering Report |
| &nbsp;&nbsp;Year Renovated | &nbsp;&nbsp;Appraisal Report; Engineering Report |
| &nbsp;&nbsp;Wtd. Avg. Clear Height | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Unit of Measure | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Leased (%) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Leased (%) Date | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Dock Doors | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Office % of NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;% of NRA Leased to Investment Grade Tenants | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;% of UW Gross Rent from Investment Grade Tenants | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;# of tenants | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;WA Lease Expiration Date | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Ownership Interest | &nbsp;&nbsp;Title Policy; Appraisal Report |
| &nbsp;&nbsp;Senior Mortgage Loan Trust Closing Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Senior Mortgage Loan Trust Maturity Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Senior Mortgage Loan Companion Closing Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Senior Mortgage Loan Companion Maturity Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Total Senior Mortgage Loan Closing Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Total Senior Mortgage Loan Maturity Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Junior Mortgage Loan Closing Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Junior Mortgage Loan Maturity Date Balance | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Whole Mortgage Loan Closing Date Balance | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Whole Mortgage Loan Maturity Date Balance | &nbsp;&nbsp;Draft Loan Agreement |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Individual As-Is Appraised Value Date | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Individual As-Is Appraised Value | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Portfolio Appraised Value Date | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Portfolio Appraised Value | &nbsp;&nbsp;Appraisal Report |
| &nbsp;&nbsp;Engineering Report Provider | &nbsp;&nbsp;Engineering Report |
| &nbsp;&nbsp;Engineering Report Date | &nbsp;&nbsp;Engineering Report |
| &nbsp;&nbsp;Environmental Report Provider | &nbsp;&nbsp;Environmental Report |
| &nbsp;&nbsp;Environmental Report Date | &nbsp;&nbsp;Environmental Report |
| &nbsp;&nbsp;Phase II Required? | &nbsp;&nbsp;Environmental Report |
| &nbsp;&nbsp;Seismic Zone | &nbsp;&nbsp;Seismic Report; Engineering Report |
| &nbsp;&nbsp;PML % | &nbsp;&nbsp;Seismic Report; Engineering Report |
| &nbsp;&nbsp;Origination Date | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Senior Mortgage Loan Coupon | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Junior Mortgage Loan Coupon | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Whole Mortgage Loan Coupon | &nbsp;&nbsp;Provided by Company |
| &nbsp;&nbsp;Interest Calculation (30/360 / Actual/360) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Amort Type | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Grace Period | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;First Loan Payment Date | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Original Amortization Term (Months) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Original IO Term (Months) | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Maturity Date | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Lockbox | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Cash Management Type | &nbsp;&nbsp;Draft Loan Agreement; Draft Cash Management Agreement |
| &nbsp;&nbsp;Cash Management Trigger | &nbsp;&nbsp;Draft Loan Agreement; Draft Cash Management Agreement |
| &nbsp;&nbsp;Administrative Fee Rate (%) | &nbsp;&nbsp;Admin Fee Schedule |
| &nbsp;&nbsp;Prepayment Provision | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Partial Release Allowed? | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Property Release Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial Tax Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ongoing Tax Escrow Monthly | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Tax Escrow Springing Conditions | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial Insurance Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ongoing Insurance Escrow Monthly | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Insurance Escrow Springing Conditions | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial Immediate Repairs Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial Cap Ex Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ongoing Cap Ex Escrow Monthly | &nbsp;&nbsp;Draft Loan Agreement |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Cap Ex Escrow Springing Conditions | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial TI/LC Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ongoing TI/LC Escrow Monthly | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;TI/LC Escrow Springing Conditions | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Initial Other Escrow | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ongoing Other Escrow Monthly | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Ongoing Other Escrow Springing Condition | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Other Escrow Description | &nbsp;&nbsp;Draft Loan Agreement |
| &nbsp;&nbsp;Largest Tenant (by UW Gross Rent) Tenant Name | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Largest Tenant (by UW Gross Rent) Lease Exp. | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Largest Tenant (by UW Gross Rent) NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Largest Tenant (by UW Gross Rent) % of NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Largest Tenant (by UW Gross Rent) UW Base Rent | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Largest Tenant (by UW Gross Rent) UW Gross Rent | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;2nd Largest Tenant (by UW Gross Rent) Tenant Name | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;2nd Largest Tenant (by UW Gross Rent) Lease Exp. | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;2nd Largest Tenant (by UW Gross Rent) NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;2nd Largest Tenant (by UW Gross Rent) % of NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;2nd Largest Tenant (by UW Gross Rent) UW Base Rent | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;2nd Largest Tenant (by UW Gross Rent) UW Gross Rent | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;3rd Largest Tenant (by UW Gross Rent) Tenant Name | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;3rd Largest Tenant (by UW Gross Rent) Lease Exp. | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;3rd Largest Tenant (by UW Gross Rent) NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;3rd Largest Tenant (by UW Gross Rent) % of NRA | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;3rd Largest Tenant (by UW Gross Rent) UW Base Rent | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;3rd Largest Tenant (by UW Gross Rent) UW Gross Rent | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Base Rent 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Base Rent 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Base Rent 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Base Rent April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Base Rent Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Base Rent UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Potential Income from Vacant Space 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Potential Income from Vacant Space 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Potential Income from Vacant Space 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Potential Income from Vacant Space April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Potential Income from Vacant Space Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Potential Income from Vacant Space UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Rent Steps 2022 | &nbsp;&nbsp;Underwriting File |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Rent Steps 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Rent Steps 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Rent Steps April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Rent Steps Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Rent Steps UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Credit Rent Steps 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Credit Rent Steps 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Credit Rent Steps 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Credit Rent Steps April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Credit Rent Steps Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Credit Rent Steps UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Recoveries 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Recoveries 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Recoveries 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Recoveries April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Recoveries Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Recoveries UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Gross Potential Rent 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Gross Potential Rent 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Gross Potential Rent 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Gross Potential Rent April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Gross Potential Rent Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Gross Potential Rent UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Economic Vacancy & Credit Loss 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Economic Vacancy & Credit Loss 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Economic Vacancy & Credit Loss 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Economic Vacancy & Credit Loss April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Economic Vacancy & Credit Loss Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Economic Vacancy & Credit Loss UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Other Income 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Other Income 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Other Income 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Other Income April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Other Income Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Other Income UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Effective Gross Income 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Effective Gross Income 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Effective Gross Income 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Effective Gross Income April 2025 TTM | &nbsp;&nbsp;Underwriting File |

---

**ATTACHMENT A**

---

| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Effective Gross Income Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Effective Gross Income UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Management Fee 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Management Fee 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Management Fee 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Management Fee April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Management Fee Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Management Fee UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Payroll 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Payroll 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Payroll 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Payroll April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Payroll Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Payroll UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;General and Administrative 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;General and Administrative 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;General and Administrative 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;General and Administrative April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;General and Administrative Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;General and Administrative UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Common Area Maintenance 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Common Area Maintenance 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Common Area Maintenance 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Common Area Maintenance April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Common Area Maintenance Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Common Area Maintenance UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Utilities 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Utilities 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Utilities 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Utilities April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Utilities Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Utilities UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Real Estate Taxes 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Real Estate Taxes 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Real Estate Taxes 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Real Estate Taxes April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Real Estate Taxes Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Real Estate Taxes UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Insurance 2022 | &nbsp;&nbsp;Underwriting File |

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**ATTACHMENT A**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Source Document(s)** |
| &nbsp;&nbsp;Insurance 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Insurance 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Insurance April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Insurance Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Insurance UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total Operating Expenses 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total Operating Expenses 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total Operating Expenses 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total Operating Expenses April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total Operating Expenses Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Total Operating Expenses UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Operating Income 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Operating Income 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Operating Income 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Operating Income April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Operating Income Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Operating Income UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Replacement Reserves 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Replacement Reserves 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Replacement Reserves 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Replacement Reserves April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Replacement Reserves Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Replacement Reserves UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Tenant Improvements and Leasing Commissions 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Tenant Improvements and Leasing Commissions 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Tenant Improvements and Leasing Commissions 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Tenant Improvements and Leasing Commissions April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Tenant Improvements and Leasing Commissions Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Tenant Improvements and Leasing Commissions UW (In-Place) | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Cash Flow 2022 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Cash Flow 2023 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Cash Flow 2024 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Cash Flow April 2025 TTM | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Cash Flow Sponsor Yr 1 | &nbsp;&nbsp;Underwriting File |
| &nbsp;&nbsp;Net Cash Flow UW (In-Place) | &nbsp;&nbsp;Underwriting File |

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**ATTACHMENT B**

**RECOMPUTED ATTRIBUTES**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Calculation Methodology** |
| &nbsp;&nbsp;WA Lease Term Remaining | &nbsp;&nbsp;WA Lease Expiration Date minus Cut-off Date, divided by 365 |
| &nbsp;&nbsp;% of Senior Mortgage Loan Trust Closing Date Balance | &nbsp;&nbsp;Respective Senior Mortgage Loan Trust Closing Date Balance divided by the aggregate of Senior Mortgage Loan Trust Closing Date Balance |
| &nbsp;&nbsp;Senior Mortgage Loan Trust Closing Date Balance per SF | &nbsp;&nbsp;Senior Mortgage Loan Trust Closing Date Balance divided by Total NRA |
| &nbsp;&nbsp;% of Senior Mortgage Loan Companion Closing Date Balance | &nbsp;&nbsp;Respective Senior Mortgage Loan Companion Closing Date Balance divided by the aggregate of Senior Mortgage Loan Companion Closing Date Balance |
| &nbsp;&nbsp;Senior Mortgage Loan Companion Closing Date Balance per SF | &nbsp;&nbsp;Senior Mortgage Loan Companion Closing Date Balance divided by Total NRA |
| &nbsp;&nbsp;% of Total Senior Mortgage Loan Closing Date Balance | &nbsp;&nbsp;Respective Total Senior Mortgage Loan Closing Date Balance divided by the aggregate of Total Senior Mortgage Loan Closing Date Balance |
| &nbsp;&nbsp;Total Senior Mortgage Loan Closing Date Balance per SF | &nbsp;&nbsp;Total Senior Mortgage Loan Closing Date Balance divided by Total NRA |
| &nbsp;&nbsp;% of Junior Mortgage Loan Closing Date Balance | &nbsp;&nbsp;Respective Junior Mortgage Loan Closing Date Balance divided by the aggregate of Junior Mortgage Loan Closing Date Balance |
| &nbsp;&nbsp;Junior Mortgage Loan Closing Date Balance per SF | &nbsp;&nbsp;Junior Mortgage Loan Closing Date Balance divided by Total NRA |
| &nbsp;&nbsp;% of Whole Mortgage Loan Closing Date Balance | &nbsp;&nbsp;Respective Whole Mortgage Loan Closing Date Balance divided by the aggregate of Whole Mortgage Loan Closing Date Balance |
| &nbsp;&nbsp;Whole Mortgage Loan Closing Date Balance per SF | &nbsp;&nbsp;Whole Mortgage Loan Closing Date Balance divided by Total NRA |
| &nbsp;&nbsp;Individual As-Is Appraised Value per SF | &nbsp;&nbsp;Individual As-Is Appraised Value divided by Total NRA |
| &nbsp;&nbsp;Portfolio Appraised Value per SF | &nbsp;&nbsp;Portfolio Appraised Value divided by Total NRA |
| &nbsp;&nbsp;Portfolio Appraised Value Premium | &nbsp;&nbsp;Portfolio Appraised Value minus Individual As-Is Appraised Value divided by Individual As-Is Appraised Value |
| &nbsp;&nbsp;Senior Mortgage Trust Loan Monthly Debt Service Payment | &nbsp;&nbsp;Senior Mortgage Trust Loan Annual Debt Service Payment divided by 12 |
| &nbsp;&nbsp;Senior Mortgage Trust Loan Annual Debt Service Payment | &nbsp;&nbsp;Product of i) Senior Mortgage Loan Coupon, ii) Senior Mortgage Loan Trust Closing Date Balance, and iii) if Interest Calculation (30/360 / Actual/360) is a) Actual/360, 365/360, b) 30/360, 1. |
| &nbsp;&nbsp;Total Senior Mortgage Loan Monthly Debt Service Payment | &nbsp;&nbsp;Total Senior Mortgage Loan Annual Debt Service Payment divided by 12 |

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**ATTACHMENT B**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Calculation Methodology** |
| &nbsp;&nbsp;Total Senior Mortgage Loan Annual Debt Service Payment | &nbsp;&nbsp;Product of i) Senior Mortgage Loan Coupon, ii) Total Senior Mortgage Loan Closing Date Balance, and iii) if Interest Calculation (30/360 / Actual/360) is a) Actual/360, 365/360, b) 30/360, 1. |
| &nbsp;&nbsp;Junior Mortgage Loan Monthly Debt Service Payment | &nbsp;&nbsp;Junior Mortgage Loan Annual Debt Service Payment divided by 12 |
| &nbsp;&nbsp;Junior Mortgage Loan Annual Debt Service Payment | &nbsp;&nbsp;Product of i) Junior Mortgage Loan Coupon, ii) Junior Mortgage Loan Closing Date Balance, and iii) if Interest Calculation (30/360 / Actual/360) is a) Actual/360, 365/360, b) 30/360, 1. |
| &nbsp;&nbsp;Whole Loan Monthly Debt Service Payment | &nbsp;&nbsp;Whole Loan Annual Debt Service Payment divided by 12 |
| &nbsp;&nbsp;Whole Loan Annual Debt Service Payment | &nbsp;&nbsp;Product of i) Whole Mortgage Loan Coupon, ii) Whole Mortgage Loan Closing Date Balance, and iii) if Interest Calculation (30/360 / Actual/360) is a) Actual/360, 365/360, b) 30/360, 1. |
| &nbsp;&nbsp;Seasoning | &nbsp;&nbsp;Number of payments between and including the First Loan Payment Date and the Cut-off Date |
| &nbsp;&nbsp;Original Term to Maturity (Months) | &nbsp;&nbsp;Number of payments between and including First Loan Payment Date and Maturity Date |
| &nbsp;&nbsp;Remaining Term to Maturity (Months) | &nbsp;&nbsp;Original Term to Maturity (Months) minus Seasoning |
| &nbsp;&nbsp;Remaining Amortization Term (Months) | &nbsp;&nbsp; Original Amortization Term (Months) minus Seasoning<br> If "Amort Type" is Interest Only, showing 0. |
| &nbsp;&nbsp;Remaining IO Term (Months) | &nbsp;&nbsp;Original IO Term (Months) minus Seasoning |
| &nbsp;&nbsp;Senior Mortgage Loan Closing Date LTV (Aggregate As-is Values) | &nbsp;&nbsp;Total Senior Mortgage Loan Closing Date Balance divided by Individual As-Is Appraised Value |
| &nbsp;&nbsp;Senior Mortgage Loan Balloon LTV (Aggregate As-is Values) | &nbsp;&nbsp;Total Senior Mortgage Loan Maturity Date Balance divided by Individual As-Is Appraised Value |
| &nbsp;&nbsp;Senior Mortgage Loan Closing Date LTV (Portfolio Value) | &nbsp;&nbsp;Total Senior Mortgage Loan Closing Date Balance divided by Portfolio Appraised Value |
| &nbsp;&nbsp;Senior Mortgage Loan Balloon LTV (Portfolio Value) | &nbsp;&nbsp;Total Senior Mortgage Loan Maturity Date Balance divided by Portfolio Appraised Value |
| &nbsp;&nbsp;Whole Mortgage Loan Closing Date LTV (Aggregate As-is Values) | &nbsp;&nbsp;Whole Mortgage Loan Closing Date Balance divided by Individual As-Is Appraised Value |
| &nbsp;&nbsp;Whole Mortgage Loan Balloon LTV (Aggregate As-is Values) | &nbsp;&nbsp;Whole Mortgage Loan Maturity Date Balance divided by Individual As-Is Appraised Value |
| &nbsp;&nbsp;Whole Mortgage Loan Closing Date LTV (Portfolio Value) | &nbsp;&nbsp;Whole Mortgage Loan Closing Date Balance divided by Portfolio Appraised Value |
| &nbsp;&nbsp;Whole Mortgage Loan Balloon LTV (Portfolio Value) | &nbsp;&nbsp;Whole Mortgage Loan Maturity Date Balance divided by Portfolio Appraised Value |
| &nbsp;&nbsp;Senior Mortgage Loan UW NOI Debt Yield | &nbsp;&nbsp;Net Operating Income UW (In-Place) divided by Total Senior Mortgage Loan Closing Date Balance |

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**ATTACHMENT B**

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| | |
|:---|:---|
| &nbsp;&nbsp;**Attribute** | &nbsp;&nbsp;**Calculation Methodology** |
| &nbsp;&nbsp;Senior Mortgage Loan UW NCF Debt Yield | &nbsp;&nbsp;Net Cash Flow UW (In-Place) divided by Total Senior Mortgage Loan Closing Date Balance |
| &nbsp;&nbsp;Whole Mortgage Loan UW NOI Debt Yield | &nbsp;&nbsp;Net Operating Income UW (In-Place) divided by Whole Mortgage Loan Closing Date Balance |
| &nbsp;&nbsp;Whole Mortgage Loan UW NCF Debt Yield | &nbsp;&nbsp;Net Cash Flow UW (In-Place) divided by Whole Mortgage Loan Closing Date Balance |
| &nbsp;&nbsp;Senior Mortgage Loan UW NOI DSCR | &nbsp;&nbsp;Net Operating Income UW (In-Place) divided by Total Senior Mortgage Loan Annual Debt Service Payment |
| &nbsp;&nbsp;Senior Mortgage Loan UW NCF DSCR | &nbsp;&nbsp;Net Cash Flow UW (In-Place) divided by Total Senior Mortgage Loan Annual Debt Service Payment |
| &nbsp;&nbsp;Whole Mortgage Loan UW NOI DSCR | &nbsp;&nbsp;Net Operating Income UW (In-Place) divided by Whole Loan Annual Debt Service Payment |
| &nbsp;&nbsp;Whole Mortgage Loan UW NCF DSCR | &nbsp;&nbsp;Net Cash Flow UW (In-Place) divided by Whole Loan Annual Debt Service Payment |

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