# EDGAR Filing Document

**Accession Number:** 0001258361
**File Stem:** 0001539497-25-001901
**Filing Date:** 2025-7
**Character Count:** 845445
**Document Hash:** af00a626dd27e81e54b09c2e1feb61d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-001901.hdr.sgml**: 20250717

**ACCESSION NUMBER**: 0001539497-25-001901

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250717

**DATE AS OF CHANGE**: 20250717

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Benchmark 2025-V16 Mortgage Trust
- **CENTRAL INDEX KEY:** 0002060845
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-286596-01
- **FILM NUMBER:** 251131492

**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
**FILED BY**: 

**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:** FWP

**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

---

| |
|:---|
| &nbsp;&nbsp;FREE WRITING PROSPECTUS |
| &nbsp;&nbsp;FILED PURSUANT TO RULE 433 |
| &nbsp;&nbsp;REGISTRATION FILE NO.: 333-286596-01 |

---

**FREE WRITING PROSPECTUS, DATED July 16, 2025**

**The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission ("SEC") (SEC File No. 333-286596) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, BMO Capital Markets Corp., Barclays Capital Inc., Bancroft Capital, LLC and Drexel Hamilton, LLC or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.**

**The information in this file (the "File") is an electronic copy of the information set forth in the Annex titled "Certain Characteristics of the Mortgage Loans and Mortgaged Properties" to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.**

**The information in this File is preliminary and may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.**

**The securities related to this File are being offered when, as and if issued. This free writing prospectus is not an offer to sell or a solicitation of an offer to buy such securities in any state or other jurisdiction where such offer, solicitation or sale is not permitted. Such securities do not represent an interest in or obligation of the depositor, the sponsors, the originators, the master servicer, the special servicer, the trustee, the certificate administrator, the operating advisor, the asset representations reviewer, the controlling class representative, any risk retention consultation parties, the companion loan holders (or their representatives), the underwriters or any of their respective affiliates. Neither such securities nor the underlying mortgage loans are insured or guaranteed by any governmental agency or instrumentality or private insurer.** 

 **Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.**

**Benchmark 2025-V16**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**% of Initial Pool Balance** | &nbsp;&nbsp;**% of Loan Balance** | &nbsp;&nbsp;**Mortgage Loan Originator** | &nbsp;&nbsp;**Mortgage Loan Seller** | &nbsp;&nbsp;**Related Group** | &nbsp;&nbsp;**Crossed Group** | &nbsp;&nbsp;**Address** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;9.6% |  | &nbsp;&nbsp;CREFI, BANA, MSMCH, BMO, RBC, UBS AG | &nbsp;&nbsp;CREFI, BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;5.6% |  |  |  |  | &nbsp;&nbsp;996 Paragon Way |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;4.2% |  |  |  |  | &nbsp;&nbsp;91-399 Kauhi Street |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;3.5% |  |  |  |  | &nbsp;&nbsp;11224 Will Walker Road |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;3.4% |  |  |  |  | &nbsp;&nbsp;10450 Doral Boulevard |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;3.1% |  |  |  |  | &nbsp;&nbsp;1580, 1590 and 1600 Williams Road |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;3.1% |  |  |  |  | &nbsp;&nbsp;32150 Just Imagine Drive |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;2.9% |  |  |  |  | &nbsp;&nbsp;6850 Weber Boulevard |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;2.8% |  |  |  |  | &nbsp;&nbsp;1341 North Clyde Morris Boulevard |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;2.7% |  |  |  |  | &nbsp;&nbsp;27200 Southwest 127th Avenue |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;2.6% |  |  |  |  | &nbsp;&nbsp;7410 Magi Road |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.5% |  |  |  |  | &nbsp;&nbsp;2375 East Newlands Road |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.4% |  |  |  |  | &nbsp;&nbsp;3800 Midlink Drive |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.3% |  |  |  |  | &nbsp;&nbsp;13509 Waterworks Street |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.3% |  |  |  |  | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.2% |  |  |  |  | &nbsp;&nbsp;91-141 Kalaeloa Boulevard |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.1% |  |  |  |  | &nbsp;&nbsp;9860 West Buckeye Road |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.0% |  |  |  |  | &nbsp;&nbsp;125 North Troy Hill Road |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;11900 Trolley Lane |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;11501 Wilkinson Drive |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;2300 North 33rd Avenue East |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.4% |  |  |  |  | &nbsp;&nbsp;5001 West Delbridge Street |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.4% |  |  |  |  | &nbsp;&nbsp;91-238 Kauhi Street |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.3% |  |  |  |  | &nbsp;&nbsp;1892 Anfield Road |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.3% |  |  |  |  | &nbsp;&nbsp;9215-9347 East Pendleton Pike |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.3% |  |  |  |  | &nbsp;&nbsp;955 Aeroplaza Drive |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.2% |  |  |  |  | &nbsp;&nbsp;3155 Grissom Parkway |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.2% |  |  |  |  | &nbsp;&nbsp;3502 Enterprise Avenue |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.1% |  |  |  |  | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.1% |  |  |  |  | &nbsp;&nbsp;700 Marine Drive |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.1% |  |  |  |  | &nbsp;&nbsp;3245 Henry Road and 3185 Columbia Road |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;2701 Southwest 18th Street |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;2482 Century Drive |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;158 West Yard Road |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;55 Commerce Avenue |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;1415 West Commerce Way |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;1095 South 4800 West |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;950 Bennett Road |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;985 West Kershaw Street |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;1980 Hood Road |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;17200 Manchac Park Lane |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;7409 Magi Road |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;91-329 Kauhi Street |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;1985 International Way |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;200 Orange Point Drive |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;91-241 Kalaeloa Boulevard |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;2311 South Park Road |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;2820 State Highway 31 |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;8000 Mid America Boulevard |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;14257 East Easter Avenue |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;91-080 Hanua Street |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;3736 Salisbury Road |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;91-027 Kaomi Loop |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;150 Greenhorn Drive |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;7130 Q Street |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;235 Great Pond Road |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;510 Production Avenue |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.5% |  |  |  |  | &nbsp;&nbsp;91-150 Kaomi Loop |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.5% |  |  |  |  | &nbsp;&nbsp;4501 Industrial Drive |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.5% |  |  |  |  | &nbsp;&nbsp;91-222 Olai Street |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.5% |  |  |  |  | &nbsp;&nbsp;2580 Technology Drive |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;301 Commerce Drive |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;590 Assembly Court |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;7121 South 5th Avenue |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;91-250 Komohana Street |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;91-220 Kalaeloa Boulevard |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;91-185 Kalaeloa Boulevard |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;91-300 Hanua Street |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;5501 Providence Hill Drive |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.4% |  |  |  |  | &nbsp;&nbsp;91-259 Olai Street |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;2 Tower Drive |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-064 Kaomi Loop |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-202 Kalaeloa Boulevard |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;2100 Northwest 82nd Avenue |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-102 Kaomi Loop |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;1230 West 171st Street |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-400 Komohana Street |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-265 Hanua Street |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-255 Hanua Street |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;1415 Industrial Drive |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;209 South Bud Street |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-110 Kaomi Loop |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;3900 6th Street Northeast |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**% of Initial Pool Balance** | &nbsp;&nbsp;**% of Loan Balance** | &nbsp;&nbsp;**Mortgage Loan Originator** | &nbsp;&nbsp;**Mortgage Loan Seller** | &nbsp;&nbsp;**Related Group** | &nbsp;&nbsp;**Crossed Group** | &nbsp;&nbsp;**Address** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;91-218 Olai Street |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.3% |  |  |  |  | &nbsp;&nbsp;5795 Logistics Parkway |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-210 Kauhi Street |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;435 Southeast 70th Street |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;2902 Gun Club Road |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-210 Olai Street |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-95 Hanua Street |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-083 Hanua Street |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;2401 Cram Avenue Southeast |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-119 Olai Street |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;3425 Maple Drive |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-174 Olai Street |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;5156 American Road |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.2% |  |  |  |  | &nbsp;&nbsp;91-252 Kauhi Street |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.1% |  |  |  |  | &nbsp;&nbsp;91-349 Kauhi Street |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.1% |  |  |  |  | &nbsp;&nbsp;91-175 Olai Street |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.1% |  |  |  |  | &nbsp;&nbsp;91-087 Hanua Street |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.1% |  |  |  |  | &nbsp;&nbsp;91-171 Olai Street |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.1% |  |  |  |  | &nbsp;&nbsp;91-410 Komohana Street |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.1% |  |  |  |  | &nbsp;&nbsp;91-416 Komohana Street |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;9.0% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;841-853 Broadway |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;401-419 East 59th Street |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;7.2% |  | &nbsp;&nbsp;GSBI, WFBNA, MSBNA | &nbsp;&nbsp;GSMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;1.7% | &nbsp;&nbsp;23.2% |  |  |  |  | &nbsp;&nbsp;670-680 Maine Avenue Southwest |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;11.5% |  |  |  |  | &nbsp;&nbsp;1000 Maine Avenue Southwest |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;10.2% |  |  |  |  | &nbsp;&nbsp;1100-1150 Maine Avenue Southwest, 1000 Maine Avenue Southwest, 5 <br> Market Square Southwest, 980 and 996 Maine Avenue Southwest, 800 Maine <br> Avenue Southwest, 801 Wharf Street Southwest, 770 Maine Avenue <br> Southwest and 975 7th Street Southwest |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;8.9% |  |  |  |  | &nbsp;&nbsp;950 Maine Avenue Southwest |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;7.1% |  |  |  |  | &nbsp;&nbsp;800 Maine Avenue Southwest |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;5.9% |  |  |  |  | &nbsp;&nbsp;725 Wharf Street Southwest |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;5.2% |  |  |  |  | &nbsp;&nbsp;668 & 678 Water Street Southwest, 670 & 680 Maine Avenue Southwest, 652 <br> Maine Avenue Southwest, 35 Parker Row Southwest, 620 Maine Avenue <br> Southwest, 601 & 690 Wharf Street Southwest, 670 Wharf Street Southwest <br> and 652 & 655 Wharf Street Southwest |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;4.7% |  |  |  |  | &nbsp;&nbsp;21 Parker Row Southwest |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;4.5% |  |  |  |  | &nbsp;&nbsp;975 7th Street Southwest |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;4.5% |  |  |  |  | &nbsp;&nbsp;35 Parker Row Southwest |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;4.5% |  |  |  |  | &nbsp;&nbsp;800 Maine Avenue Southwest |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;3.9% |  |  |  |  | &nbsp;&nbsp;901 Wharf Street Southwest |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;2.3% |  |  |  |  | &nbsp;&nbsp;770 Maine Avenue Southwest |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;2.0% |  |  |  |  | &nbsp;&nbsp;580 Water Street Southwest |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;658 Wharf Street Southwest |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;6.5% |  | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;2.0% | &nbsp;&nbsp;31.6% |  |  |  |  | &nbsp;&nbsp;6025 Park Drive |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;2.0% | &nbsp;&nbsp;30.1% |  |  |  |  | &nbsp;&nbsp;10210 Three Chopt Road |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;1.3% | &nbsp;&nbsp;20.4% |  |  |  |  | &nbsp;&nbsp;601 Route 28 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;1.2% | &nbsp;&nbsp;17.9% |  |  |  |  | &nbsp;&nbsp;24200 Gratiot Avenue |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;5.6% |  | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;1.8% | &nbsp;&nbsp;32.0% |  |  |  |  | &nbsp;&nbsp;370 Central Avenue |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;1.5% | &nbsp;&nbsp;26.0% |  |  |  |  | &nbsp;&nbsp;106 North Arlington Avenue and 66-76 Melmore Gardens |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;1.2% | &nbsp;&nbsp;21.7% |  |  |  |  | &nbsp;&nbsp;500 South Harrison Street |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;10.9% |  |  |  |  | &nbsp;&nbsp;324 South Center Street and 210 Reynolds Street |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;9.4% |  |  |  |  | &nbsp;&nbsp;250 South Harrison Street |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;3.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;828 Metropolitan Avenue |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;3.5% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GACC | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2 Theatre Square |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;3.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;110 Chanticleer Village Drive |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;3.2% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BCREI, WFBNA | &nbsp;&nbsp;Barclays | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;130 Roosevelt Way |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;3.2% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GSBI | &nbsp;&nbsp;GSMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4690 Marigold Avenue |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;3.0% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;DBRI | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;200 Lafayette Street |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;2.9% |  | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**% of Initial Pool Balance** | &nbsp;&nbsp;**% of Loan Balance** | &nbsp;&nbsp;**Mortgage Loan Originator** | &nbsp;&nbsp;**Mortgage Loan Seller** | &nbsp;&nbsp;**Related Group** | &nbsp;&nbsp;**Crossed Group** | &nbsp;&nbsp;**Address** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;1.2% | &nbsp;&nbsp;40.3% |  |  |  |  | &nbsp;&nbsp;4045 and 4055 Spencer Street |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;1.1% | &nbsp;&nbsp;37.5% |  |  |  |  | &nbsp;&nbsp;3040 Simmons Street |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;22.2% |  |  |  |  | &nbsp;&nbsp;1770 Indian Trail-Lilburn Road |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;2.9% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;155 Attorney Street |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;2.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BCREI | &nbsp;&nbsp;Barclays | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;601 American Legion Drive |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;2.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GSBI | &nbsp;&nbsp;GSMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;100 Howe Avenue |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;2.1% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GSBI | &nbsp;&nbsp;GSMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;838 Main Avenue |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;2.0% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO, 3650 Capital | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1 North Brentwood Boulevard |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;1.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GSBI | &nbsp;&nbsp;GSMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;367 High Pointe Drive |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;525-578 Nepperhan Avenue |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;DBRI | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;200 Elm Street and 695 East Main Street |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI, AREF2 | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;12601 and 12701 Southfield Freeway |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1460 1st Avenue and 404 East 76th Street |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3526-3530 Lang Road |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;1.5% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;SMC, BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;347-363 Flushing Avenue |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;1.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4403, 4426 and 4622 North Sullivan Road |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;1.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;840 South Main Street |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;1.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BCREI | &nbsp;&nbsp;Barclays | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7448 International Drive |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;1.1% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4245 5th Avenue |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;0.9% |  | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;66.0% |  |  |  |  | &nbsp;&nbsp;2422 Highway 43 South |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;18.8% |  |  |  |  | &nbsp;&nbsp;15959 State Highway 91 |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;15.2% |  |  |  |  | &nbsp;&nbsp;1106, 1116 and 1128 South State Highway 605 and 50 Daisy Lane |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;DBRI | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;25 Bond Street |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**City** | &nbsp;&nbsp;**County** | &nbsp;&nbsp;**State** | &nbsp;&nbsp;**Zip Code** | &nbsp;&nbsp;**General Property Type** | &nbsp;&nbsp;**Detailed Property Type** | &nbsp;&nbsp;**Year Built** | &nbsp;&nbsp;**Year Renovated** | &nbsp;&nbsp;**Number of Units** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;18271519 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;Rock Hill | &nbsp;&nbsp;York | &nbsp;&nbsp;SC | &nbsp;&nbsp;29730 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;945023 |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2237547 |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;Vance | &nbsp;&nbsp;Tuscaloosa | &nbsp;&nbsp;AL | &nbsp;&nbsp;35490 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2021 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;529568 |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;Doral | &nbsp;&nbsp;Miami-Dade | &nbsp;&nbsp;FL | &nbsp;&nbsp;33178 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1996 | &nbsp;&nbsp;2001 | &nbsp;&nbsp;240283 |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;Columbus | &nbsp;&nbsp;Franklin | &nbsp;&nbsp;OH | &nbsp;&nbsp;43207 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1992 | &nbsp;&nbsp;1999 | &nbsp;&nbsp;759950 |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;Avon | &nbsp;&nbsp;Lorain | &nbsp;&nbsp;OH | &nbsp;&nbsp;44011 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1995 | &nbsp;&nbsp;2007 | &nbsp;&nbsp;644850 |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;Charleston | &nbsp;&nbsp;Charleston | &nbsp;&nbsp;SC | &nbsp;&nbsp;29456 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2018 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;265318 |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;Daytona Beach | &nbsp;&nbsp;Volusia | &nbsp;&nbsp;FL | &nbsp;&nbsp;32117 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2018 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;399440 |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;Homestead | &nbsp;&nbsp;Miami-Dade | &nbsp;&nbsp;FL | &nbsp;&nbsp;33032 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;237756 |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;Hanahan | &nbsp;&nbsp;Berkeley | &nbsp;&nbsp;SC | &nbsp;&nbsp;29410 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2003 | &nbsp;&nbsp;2019, 2024 | &nbsp;&nbsp;302400 |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;Fernley | &nbsp;&nbsp;Lyon | &nbsp;&nbsp;NV | &nbsp;&nbsp;89408 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2007 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;337500 |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;Kalamazoo | &nbsp;&nbsp;Kalamazoo | &nbsp;&nbsp;MI | &nbsp;&nbsp;49048 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Cold Storage | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;158497 |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;Jacksonville | &nbsp;&nbsp;Duval | &nbsp;&nbsp;FL | &nbsp;&nbsp;32221 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;304859 |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;Denver | &nbsp;&nbsp;Denver | &nbsp;&nbsp;CO | &nbsp;&nbsp;80239 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1974 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;393971 |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;910491 |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;Tolleson | &nbsp;&nbsp;Maricopa | &nbsp;&nbsp;AZ | &nbsp;&nbsp;85353 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2002 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;288045 |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;Colorado Springs | &nbsp;&nbsp;El Paso | &nbsp;&nbsp;CO | &nbsp;&nbsp;80916 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2015 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;225198 |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;Beltsville | &nbsp;&nbsp;Prince George's | &nbsp;&nbsp;MD | &nbsp;&nbsp;20705 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;148881 |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;El Paso | &nbsp;&nbsp;El Paso | &nbsp;&nbsp;TX | &nbsp;&nbsp;79936 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2005 | &nbsp;&nbsp;2013 | &nbsp;&nbsp;144199 |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;Newton | &nbsp;&nbsp;Jasper | &nbsp;&nbsp;IA | &nbsp;&nbsp;50208 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Manufacturing | &nbsp;&nbsp;2008 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;337960 |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;Sioux Falls | &nbsp;&nbsp;Minnehaha | &nbsp;&nbsp;SD | &nbsp;&nbsp;57107 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2016 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;167171 |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1981 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;85317 |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;North Charleston | &nbsp;&nbsp;Charleston | &nbsp;&nbsp;SC | &nbsp;&nbsp;29406 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;121683 |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;Lawrence | &nbsp;&nbsp;Marion | &nbsp;&nbsp;IN | &nbsp;&nbsp;46236 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2009 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;534769 |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;Colorado Springs | &nbsp;&nbsp;El Paso | &nbsp;&nbsp;CO | &nbsp;&nbsp;80916 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2012 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;125060 |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;Cocoa | &nbsp;&nbsp;Brevard | &nbsp;&nbsp;FL | &nbsp;&nbsp;32926 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2006 | &nbsp;&nbsp;2014 | &nbsp;&nbsp;144138 |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;Joplin | &nbsp;&nbsp;Jasper | &nbsp;&nbsp;MO | &nbsp;&nbsp;64801 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;231350 |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;Johnstown | &nbsp;&nbsp;Larimer | &nbsp;&nbsp;CO | &nbsp;&nbsp;80534 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2007 | &nbsp;&nbsp;2014 | &nbsp;&nbsp;97187 |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;Rock Hill | &nbsp;&nbsp;York | &nbsp;&nbsp;SC | &nbsp;&nbsp;29730 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1987 | &nbsp;&nbsp;2018 | &nbsp;&nbsp;200978 |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;Richfield | &nbsp;&nbsp;Summit | &nbsp;&nbsp;OH | &nbsp;&nbsp;44286 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2005 | &nbsp;&nbsp;2014 | &nbsp;&nbsp;131152 |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;Oklahoma City | &nbsp;&nbsp;Oklahoma | &nbsp;&nbsp;OK | &nbsp;&nbsp;73108 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2011 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;158340 |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;Goshen | &nbsp;&nbsp;Elkhart | &nbsp;&nbsp;IN | &nbsp;&nbsp;46528 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2005 | &nbsp;&nbsp;2025 | &nbsp;&nbsp;250000 |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;Feura Bush | &nbsp;&nbsp;Albany | &nbsp;&nbsp;NY | &nbsp;&nbsp;12067 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1989 | &nbsp;&nbsp;2002 | &nbsp;&nbsp;354000 |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;Albany | &nbsp;&nbsp;Albany | &nbsp;&nbsp;NY | &nbsp;&nbsp;12206 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;125000 |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;Lincoln | &nbsp;&nbsp;Lancaster | &nbsp;&nbsp;NE | &nbsp;&nbsp;68521 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1971 | &nbsp;&nbsp;1997, 1999, 2006 | &nbsp;&nbsp;222000 |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;Salt Lake City | &nbsp;&nbsp;Salt Lake | &nbsp;&nbsp;UT | &nbsp;&nbsp;84104 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2012 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;150300 |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;Orlando | &nbsp;&nbsp;Orange | &nbsp;&nbsp;FL | &nbsp;&nbsp;32803 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1997 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;110621 |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;Ogden | &nbsp;&nbsp;Weber | &nbsp;&nbsp;UT | &nbsp;&nbsp;84401 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2019 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;69734 |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;Greer | &nbsp;&nbsp;Greenville | &nbsp;&nbsp;SC | &nbsp;&nbsp;29650 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2015 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;190000 |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;Baton Rouge | &nbsp;&nbsp;East Baton Rouge | &nbsp;&nbsp;LA | &nbsp;&nbsp;70817 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;125147 |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;Hanahan | &nbsp;&nbsp;Berkeley | &nbsp;&nbsp;SC | &nbsp;&nbsp;29410 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2004 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;91776 |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1980 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47769 |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;Hebron | &nbsp;&nbsp;Boone | &nbsp;&nbsp;KY | &nbsp;&nbsp;41048 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1999 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;189400 |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;Lewis Center | &nbsp;&nbsp;Delaware | &nbsp;&nbsp;OH | &nbsp;&nbsp;43035 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;125060 |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1981 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;45000 |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;Louisville | &nbsp;&nbsp;Jefferson | &nbsp;&nbsp;KY | &nbsp;&nbsp;40219 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2016 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;137500 |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;McAlester | &nbsp;&nbsp;Pittsburg | &nbsp;&nbsp;OK | &nbsp;&nbsp;74501 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;2017 | &nbsp;&nbsp;59281 |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;Oklahoma City | &nbsp;&nbsp;Oklahoma | &nbsp;&nbsp;OK | &nbsp;&nbsp;73135 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;110361 |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;Centennial | &nbsp;&nbsp;Arapahoe | &nbsp;&nbsp;CO | &nbsp;&nbsp;80112 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2004 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;69865 |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;216537 |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;Jacksonville | &nbsp;&nbsp;Duval | &nbsp;&nbsp;FL | &nbsp;&nbsp;32216 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1998 | &nbsp;&nbsp;2023, 2024 | &nbsp;&nbsp;95883 |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;213575 |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;Pueblo | &nbsp;&nbsp;Pueblo | &nbsp;&nbsp;CO | &nbsp;&nbsp;81004 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;54199 |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;Omaha | &nbsp;&nbsp;Douglas | &nbsp;&nbsp;NE | &nbsp;&nbsp;68117 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1998 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;89115 |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;Windsor | &nbsp;&nbsp;Hartford | &nbsp;&nbsp;CT | &nbsp;&nbsp;06095 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2004 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;113753 |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;Madison | &nbsp;&nbsp;Madison | &nbsp;&nbsp;AL | &nbsp;&nbsp;35758 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2004 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;88890 |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;249773 |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;Fort Smith | &nbsp;&nbsp;Sebastian | &nbsp;&nbsp;AR | &nbsp;&nbsp;72916 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;64211 |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;158036 |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;Elgin | &nbsp;&nbsp;Kane | &nbsp;&nbsp;IL | &nbsp;&nbsp;60124 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2002 | &nbsp;&nbsp;2020 | &nbsp;&nbsp;89123 |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;South Point | &nbsp;&nbsp;Lawrence | &nbsp;&nbsp;OH | &nbsp;&nbsp;45680 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;75262 |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;Fayetteville | &nbsp;&nbsp;Cumberland | &nbsp;&nbsp;NC | &nbsp;&nbsp;28306 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1996 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;148000 |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;Pocatello | &nbsp;&nbsp;Bannock | &nbsp;&nbsp;ID | &nbsp;&nbsp;83204 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2005 | &nbsp;&nbsp;2012 | &nbsp;&nbsp;33394 |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;107288 |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1991 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;23040 |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;121750 |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1994 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;28320 |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;Saint Joseph | &nbsp;&nbsp;Buchanan | &nbsp;&nbsp;MO | &nbsp;&nbsp;64507 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;66692 |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;130679 |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;Wallingford | &nbsp;&nbsp;New Haven | &nbsp;&nbsp;CT | &nbsp;&nbsp;06492 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1978 | &nbsp;&nbsp;2005 | &nbsp;&nbsp;62390 |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;98707 |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Storage Yard | &nbsp;&nbsp;1964 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;83908 |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;Miami | &nbsp;&nbsp;Miami-Dade | &nbsp;&nbsp;FL | &nbsp;&nbsp;33122 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1987 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;37002 |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;98707 |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;Harvey | &nbsp;&nbsp;Cook | &nbsp;&nbsp;IL | &nbsp;&nbsp;60426 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2004 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;40410 |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;95745 |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;95095 |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;95095 |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;Chillicothe | &nbsp;&nbsp;Ross | &nbsp;&nbsp;OH | &nbsp;&nbsp;45601 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2006 | &nbsp;&nbsp;2012 | &nbsp;&nbsp;43824 |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;Lafayette | &nbsp;&nbsp;Lafayette | &nbsp;&nbsp;LA | &nbsp;&nbsp;70583 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2010 | &nbsp;&nbsp;2014 | &nbsp;&nbsp;70293 |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;98707 |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;Minot | &nbsp;&nbsp;Ward | &nbsp;&nbsp;ND | &nbsp;&nbsp;58703 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;24310 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**City** | &nbsp;&nbsp;**County** | &nbsp;&nbsp;**State** | &nbsp;&nbsp;**Zip Code** | &nbsp;&nbsp;**General Property Type** | &nbsp;&nbsp;**Detailed Property Type** | &nbsp;&nbsp;**Year Built** | &nbsp;&nbsp;**Year Renovated** | &nbsp;&nbsp;**Number of Units** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;106504 |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;Rockford | &nbsp;&nbsp;Winnebago | &nbsp;&nbsp;IL | &nbsp;&nbsp;61109 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1998 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;38833 |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1993 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;16610 |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;Topeka | &nbsp;&nbsp;Shawnee | &nbsp;&nbsp;KS | &nbsp;&nbsp;66619 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2006 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;40000 |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;Augusta | &nbsp;&nbsp;Richmond | &nbsp;&nbsp;GA | &nbsp;&nbsp;30907 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2004 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;59358 |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;54362 |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;40902 |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47350 |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;Bemidji | &nbsp;&nbsp;Beltrami | &nbsp;&nbsp;MN | &nbsp;&nbsp;56601 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;21662 |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;97923 |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;Fort Dodge | &nbsp;&nbsp;Webster | &nbsp;&nbsp;IA | &nbsp;&nbsp;50501 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;2014 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;25398 |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;58109 |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;Rockford | &nbsp;&nbsp;Winnebago | &nbsp;&nbsp;IL | &nbsp;&nbsp;61109 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1996 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;38360 |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;43473 |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47872 |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47916 |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;22041 |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;23914 |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;20778 |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;Kapolei | &nbsp;&nbsp;Honolulu | &nbsp;&nbsp;HI | &nbsp;&nbsp;96707 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Leased Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;26746 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10003 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Office/Retail | &nbsp;&nbsp;1893, 1927 | &nbsp;&nbsp;2019 | &nbsp;&nbsp;265119 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10022 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Anchored | &nbsp;&nbsp;1909 | &nbsp;&nbsp;1998 | &nbsp;&nbsp;96028 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2241794 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Office | &nbsp;&nbsp;CBD | &nbsp;&nbsp;2022 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;500981 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Office | &nbsp;&nbsp;CBD | &nbsp;&nbsp;2018 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;249251 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Anchored | &nbsp;&nbsp;2017, 2018 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;215398 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;501 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Parking Garage | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;683 |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Extended Stay | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;237 |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Anchored | &nbsp;&nbsp;2022 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;91136 |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Parking Garage | &nbsp;&nbsp;2022 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;492 |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Full Service | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;175 |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;2022 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;255 |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Office | &nbsp;&nbsp;CBD | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;149515 |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Performing Arts Center | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;140230 |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;2017 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;148 |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Office | &nbsp;&nbsp;CBD | &nbsp;&nbsp;2018 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;28407 |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;Washington | &nbsp;&nbsp;District of Columbia | &nbsp;&nbsp;DC | &nbsp;&nbsp;20024 | &nbsp;&nbsp;Other | &nbsp;&nbsp;Marina | &nbsp;&nbsp;2019, 2022 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP | &nbsp;&nbsp;316223 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;Rocklin | &nbsp;&nbsp;Placer | &nbsp;&nbsp;CA | &nbsp;&nbsp;95765 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2021 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;98480 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;Richmond | &nbsp;&nbsp;Henrico | &nbsp;&nbsp;VA | &nbsp;&nbsp;23233 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2019, 2022 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;88535 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;Bridgewater | &nbsp;&nbsp;Somerset | &nbsp;&nbsp;NJ | &nbsp;&nbsp;08807 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2007 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;57538 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;Eastpointe | &nbsp;&nbsp;Macomb | &nbsp;&nbsp;MI | &nbsp;&nbsp;48021 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2019 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;71670 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Essex | &nbsp;&nbsp;NJ | &nbsp;&nbsp;Various | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;301 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;Orange | &nbsp;&nbsp;Essex | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07050 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1946 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;105 |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;East Orange | &nbsp;&nbsp;Essex | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07017 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1950 | &nbsp;&nbsp;2021-2024 | &nbsp;&nbsp;84 |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;Orange | &nbsp;&nbsp;Essex | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07050 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1950 | &nbsp;&nbsp;2023-2024 | &nbsp;&nbsp;44 |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;Orange | &nbsp;&nbsp;Essex | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07050 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1963 | &nbsp;&nbsp;2023-2024 | &nbsp;&nbsp;43 |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;East Orange | &nbsp;&nbsp;Essex | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07018 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1919 | &nbsp;&nbsp;2023-2024 | &nbsp;&nbsp;25 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;Brooklyn | &nbsp;&nbsp;Kings | &nbsp;&nbsp;NY | &nbsp;&nbsp;11211 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;136 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;Orinda | &nbsp;&nbsp;Contra Costa | &nbsp;&nbsp;CA | &nbsp;&nbsp;94563 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Retail/Office | &nbsp;&nbsp;1941 | &nbsp;&nbsp;1990 | &nbsp;&nbsp;91283 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;Myrtle Beach | &nbsp;&nbsp;Horry | &nbsp;&nbsp;SC | &nbsp;&nbsp;29579 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;2004 | &nbsp;&nbsp;2023, 2024 | &nbsp;&nbsp;149 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;New Orleans | &nbsp;&nbsp;Orleans | &nbsp;&nbsp;LA | &nbsp;&nbsp;70112 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Full Service | &nbsp;&nbsp;1893 | &nbsp;&nbsp;2019 | &nbsp;&nbsp;504 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;Poinciana | &nbsp;&nbsp;Osceola | &nbsp;&nbsp;FL | &nbsp;&nbsp;34758 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Anchored | &nbsp;&nbsp;2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;209088 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10012 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Retail/Office | &nbsp;&nbsp;1900 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;35200 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;282865 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**City** | &nbsp;&nbsp;**County** | &nbsp;&nbsp;**State** | &nbsp;&nbsp;**Zip Code** | &nbsp;&nbsp;**General Property Type** | &nbsp;&nbsp;**Detailed Property Type** | &nbsp;&nbsp;**Year Built** | &nbsp;&nbsp;**Year Renovated** | &nbsp;&nbsp;**Number of Units** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;Las Vegas | &nbsp;&nbsp;Clark | &nbsp;&nbsp;NV | &nbsp;&nbsp;89119 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;1975 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;149449 |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;North Las Vegas | &nbsp;&nbsp;Clark | &nbsp;&nbsp;NV | &nbsp;&nbsp;89032 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Manufacturing | &nbsp;&nbsp;2003 | &nbsp;&nbsp;2022 | &nbsp;&nbsp;51901 |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;Norcross | &nbsp;&nbsp;Gwinnett | &nbsp;&nbsp;GA | &nbsp;&nbsp;30093 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;1985 | &nbsp;&nbsp;2012 | &nbsp;&nbsp;81515 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10002 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;2016 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;37 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;Madeira Beach | &nbsp;&nbsp;Pinellas | &nbsp;&nbsp;FL | &nbsp;&nbsp;33708 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Select Service | &nbsp;&nbsp;2015 | &nbsp;&nbsp;2023, 2025 | &nbsp;&nbsp;96 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;Sacramento | &nbsp;&nbsp;Sacramento | &nbsp;&nbsp;CA | &nbsp;&nbsp;95825 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;1981 | &nbsp;&nbsp;2019 | &nbsp;&nbsp;128697 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;Passaic | &nbsp;&nbsp;Passaic | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07055 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2008 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;86628 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;Clayton | &nbsp;&nbsp;St. Louis | &nbsp;&nbsp;MO | &nbsp;&nbsp;63105 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;2000 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;277927 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;Seven Fields | &nbsp;&nbsp;Butler | &nbsp;&nbsp;PA | &nbsp;&nbsp;16046 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2021 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;86200 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;Yonkers | &nbsp;&nbsp;Westchester | &nbsp;&nbsp;NY | &nbsp;&nbsp;10703 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Industrial/Retail/Office | &nbsp;&nbsp;1905, 1989 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;137093 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;Stamford | &nbsp;&nbsp;Fairfield | &nbsp;&nbsp;CT | &nbsp;&nbsp;06901 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;1984 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;558040 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;Detroit | &nbsp;&nbsp;Wayne | &nbsp;&nbsp;MI | &nbsp;&nbsp;48223 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1948, 1957, 1968, 1973, 1976, 1996, 2022 | &nbsp;&nbsp;2020-2023 | &nbsp;&nbsp;1441839 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10021 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Retail/Parking/Multifamily | &nbsp;&nbsp;1910, 1999 | &nbsp;&nbsp;1985, 2025 | &nbsp;&nbsp;26962 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77092 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse | &nbsp;&nbsp;1955, 1975 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;130448 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;Brooklyn | &nbsp;&nbsp;Kings | &nbsp;&nbsp;NY | &nbsp;&nbsp;11205 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Office/Retail | &nbsp;&nbsp;2023 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;148242 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;Spokane Valley | &nbsp;&nbsp;Spokane | &nbsp;&nbsp;WA | &nbsp;&nbsp;99216 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;1998, 2003, 2019 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;142562 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;Cedar City | &nbsp;&nbsp;Iron | &nbsp;&nbsp;UT | &nbsp;&nbsp;84720 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1972 | &nbsp;&nbsp;2023-2025 | &nbsp;&nbsp;78 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;Orlando | &nbsp;&nbsp;Orange | &nbsp;&nbsp;FL | &nbsp;&nbsp;32819 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Limited Service | &nbsp;&nbsp;2003 | &nbsp;&nbsp;2018 | &nbsp;&nbsp;108 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;Lake Charles | &nbsp;&nbsp;Calcasieu | &nbsp;&nbsp;LA | &nbsp;&nbsp;70607 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1977, 2016 | &nbsp;&nbsp;2022 | &nbsp;&nbsp;191 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;151 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;Leoma | &nbsp;&nbsp;Lawrence | &nbsp;&nbsp;TN | &nbsp;&nbsp;38468 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;2020 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;66 |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;Cullman | &nbsp;&nbsp;AL | &nbsp;&nbsp;35077 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1995 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;72 |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;Houston | &nbsp;&nbsp;AL | &nbsp;&nbsp;36301 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1990 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;13 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10012 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Unanchored | &nbsp;&nbsp;2008 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2895 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Unit of Measure** | &nbsp;&nbsp;**Loan Per Unit ($)** | &nbsp;&nbsp;**Original Balance ($)** | &nbsp;&nbsp;**Cut-off Date Balance ($)** | &nbsp;&nbsp;**Maturity/ARD Balance ($)** | &nbsp;&nbsp;**Interest Rate %** | &nbsp;&nbsp;**Administrative Fee Rate %** | &nbsp;&nbsp;**Net Mortgage Rate %** | &nbsp;&nbsp;**Monthly Debt Service (P&I) ($)** | &nbsp;&nbsp;**Monthly Debt Service (IO) ($)** | &nbsp;&nbsp;**Annual Debt Service (P&I) ($)** | &nbsp;&nbsp;**Annual Debt Service (IO) ($)** |
|  |  |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;**1** |  | &nbsp;&nbsp;**2** |  | &nbsp;&nbsp;**2** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;SF | &nbsp;&nbsp;40.89 | &nbsp;&nbsp;60000000 | &nbsp;&nbsp;60000000 | &nbsp;&nbsp;60000000 | &nbsp;&nbsp;5.37574485896279% | &nbsp;&nbsp;0.01783% | &nbsp;&nbsp;5.35791485896279% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;272520.40 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3270244.80 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;3360517 | &nbsp;&nbsp;3360517 | &nbsp;&nbsp;3360517 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;2505724 | &nbsp;&nbsp;2505724 | &nbsp;&nbsp;2505724 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;2098707 | &nbsp;&nbsp;2098707 | &nbsp;&nbsp;2098707 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;2014138 | &nbsp;&nbsp;2014138 | &nbsp;&nbsp;2014138 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1858190 | &nbsp;&nbsp;1858190 | &nbsp;&nbsp;1858190 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1846552 | &nbsp;&nbsp;1846552 | &nbsp;&nbsp;1846552 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1737931 | &nbsp;&nbsp;1737931 | &nbsp;&nbsp;1737931 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1656724 | &nbsp;&nbsp;1656724 | &nbsp;&nbsp;1656724 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1608621 | &nbsp;&nbsp;1608621 | &nbsp;&nbsp;1608621 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1568276 | &nbsp;&nbsp;1568276 | &nbsp;&nbsp;1568276 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1524310 | &nbsp;&nbsp;1524310 | &nbsp;&nbsp;1524310 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1466379 | &nbsp;&nbsp;1466379 | &nbsp;&nbsp;1466379 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1366552 | &nbsp;&nbsp;1366552 | &nbsp;&nbsp;1366552 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1362931 | &nbsp;&nbsp;1362931 | &nbsp;&nbsp;1362931 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1340690 | &nbsp;&nbsp;1340690 | &nbsp;&nbsp;1340690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1236724 | &nbsp;&nbsp;1236724 | &nbsp;&nbsp;1236724 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1208276 | &nbsp;&nbsp;1208276 | &nbsp;&nbsp;1208276 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;929483 | &nbsp;&nbsp;929483 | &nbsp;&nbsp;929483 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;918103 | &nbsp;&nbsp;918103 | &nbsp;&nbsp;918103 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;890172 | &nbsp;&nbsp;890172 | &nbsp;&nbsp;890172 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;845690 | &nbsp;&nbsp;845690 | &nbsp;&nbsp;845690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;843103 | &nbsp;&nbsp;843103 | &nbsp;&nbsp;843103 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;789828 | &nbsp;&nbsp;789828 | &nbsp;&nbsp;789828 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;782069 | &nbsp;&nbsp;782069 | &nbsp;&nbsp;782069 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;753103 | &nbsp;&nbsp;753103 | &nbsp;&nbsp;753103 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;727241 | &nbsp;&nbsp;727241 | &nbsp;&nbsp;727241 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;723621 | &nbsp;&nbsp;723621 | &nbsp;&nbsp;723621 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;679655 | &nbsp;&nbsp;679655 | &nbsp;&nbsp;679655 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;660000 | &nbsp;&nbsp;660000 | &nbsp;&nbsp;660000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;652241 | &nbsp;&nbsp;652241 | &nbsp;&nbsp;652241 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;624310 | &nbsp;&nbsp;624310 | &nbsp;&nbsp;624310 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;609052 | &nbsp;&nbsp;609052 | &nbsp;&nbsp;609052 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;601293 | &nbsp;&nbsp;601293 | &nbsp;&nbsp;601293 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;597414 | &nbsp;&nbsp;597414 | &nbsp;&nbsp;597414 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;575690 | &nbsp;&nbsp;575690 | &nbsp;&nbsp;575690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;574138 | &nbsp;&nbsp;574138 | &nbsp;&nbsp;574138 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;551379 | &nbsp;&nbsp;551379 | &nbsp;&nbsp;551379 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;540000 | &nbsp;&nbsp;540000 | &nbsp;&nbsp;540000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;514138 | &nbsp;&nbsp;514138 | &nbsp;&nbsp;514138 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;513621 | &nbsp;&nbsp;513621 | &nbsp;&nbsp;513621 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;506897 | &nbsp;&nbsp;506897 | &nbsp;&nbsp;506897 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;488793 | &nbsp;&nbsp;488793 | &nbsp;&nbsp;488793 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;485172 | &nbsp;&nbsp;485172 | &nbsp;&nbsp;485172 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;475862 | &nbsp;&nbsp;475862 | &nbsp;&nbsp;475862 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;455690 | &nbsp;&nbsp;455690 | &nbsp;&nbsp;455690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;437069 | &nbsp;&nbsp;437069 | &nbsp;&nbsp;437069 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;429828 | &nbsp;&nbsp;429828 | &nbsp;&nbsp;429828 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;427810 | &nbsp;&nbsp;427810 | &nbsp;&nbsp;427810 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;400345 | &nbsp;&nbsp;400345 | &nbsp;&nbsp;400345 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;394138 | &nbsp;&nbsp;394138 | &nbsp;&nbsp;394138 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;385862 | &nbsp;&nbsp;385862 | &nbsp;&nbsp;385862 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;370862 | &nbsp;&nbsp;370862 | &nbsp;&nbsp;370862 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;352759 | &nbsp;&nbsp;352759 | &nbsp;&nbsp;352759 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;347586 | &nbsp;&nbsp;347586 | &nbsp;&nbsp;347586 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;342931 | &nbsp;&nbsp;342931 | &nbsp;&nbsp;342931 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;341897 | &nbsp;&nbsp;341897 | &nbsp;&nbsp;341897 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;291724 | &nbsp;&nbsp;291724 | &nbsp;&nbsp;291724 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;282931 | &nbsp;&nbsp;282931 | &nbsp;&nbsp;282931 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;281897 | &nbsp;&nbsp;281897 | &nbsp;&nbsp;281897 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;279310 | &nbsp;&nbsp;279310 | &nbsp;&nbsp;279310 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;253448 | &nbsp;&nbsp;253448 | &nbsp;&nbsp;253448 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;249828 | &nbsp;&nbsp;249828 | &nbsp;&nbsp;249828 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;249828 | &nbsp;&nbsp;249828 | &nbsp;&nbsp;249828 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;236379 | &nbsp;&nbsp;236379 | &nbsp;&nbsp;236379 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;233276 | &nbsp;&nbsp;233276 | &nbsp;&nbsp;233276 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;230172 | &nbsp;&nbsp;230172 | &nbsp;&nbsp;230172 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;228621 | &nbsp;&nbsp;228621 | &nbsp;&nbsp;228621 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;228103 | &nbsp;&nbsp;228103 | &nbsp;&nbsp;228103 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;225000 | &nbsp;&nbsp;225000 | &nbsp;&nbsp;225000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;208966 | &nbsp;&nbsp;208966 | &nbsp;&nbsp;208966 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;196552 | &nbsp;&nbsp;196552 | &nbsp;&nbsp;196552 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;192931 | &nbsp;&nbsp;192931 | &nbsp;&nbsp;192931 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;190862 | &nbsp;&nbsp;190862 | &nbsp;&nbsp;190862 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;190345 | &nbsp;&nbsp;190345 | &nbsp;&nbsp;190345 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;190086 | &nbsp;&nbsp;190086 | &nbsp;&nbsp;190086 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;188793 | &nbsp;&nbsp;188793 | &nbsp;&nbsp;188793 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;185690 | &nbsp;&nbsp;185690 | &nbsp;&nbsp;185690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;183621 | &nbsp;&nbsp;183621 | &nbsp;&nbsp;183621 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;182328 | &nbsp;&nbsp;182328 | &nbsp;&nbsp;182328 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;176121 | &nbsp;&nbsp;176121 | &nbsp;&nbsp;176121 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;173793 | &nbsp;&nbsp;173793 | &nbsp;&nbsp;173793 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;166810 | &nbsp;&nbsp;166810 | &nbsp;&nbsp;166810 |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Unit of Measure** | &nbsp;&nbsp;**Loan Per Unit ($)** | &nbsp;&nbsp;**Original Balance ($)** | &nbsp;&nbsp;**Cut-off Date Balance ($)** | &nbsp;&nbsp;**Maturity/ARD Balance ($)** | &nbsp;&nbsp;**Interest Rate %** | &nbsp;&nbsp;**Administrative Fee Rate %** | &nbsp;&nbsp;**Net Mortgage Rate %** | &nbsp;&nbsp;**Monthly Debt Service (P&I) ($)** | &nbsp;&nbsp;**Monthly Debt Service (IO) ($)** | &nbsp;&nbsp;**Annual Debt Service (P&I) ($)** | &nbsp;&nbsp;**Annual Debt Service (IO) ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;159828 | &nbsp;&nbsp;159828 | &nbsp;&nbsp;159828 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;151293 | &nbsp;&nbsp;151293 | &nbsp;&nbsp;151293 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;132414 | &nbsp;&nbsp;132414 | &nbsp;&nbsp;132414 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;130862 | &nbsp;&nbsp;130862 | &nbsp;&nbsp;130862 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;127241 | &nbsp;&nbsp;127241 | &nbsp;&nbsp;127241 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;122069 | &nbsp;&nbsp;122069 | &nbsp;&nbsp;122069 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;115345 | &nbsp;&nbsp;115345 | &nbsp;&nbsp;115345 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;114310 | &nbsp;&nbsp;114310 | &nbsp;&nbsp;114310 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;114310 | &nbsp;&nbsp;114310 | &nbsp;&nbsp;114310 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;113793 | &nbsp;&nbsp;113793 | &nbsp;&nbsp;113793 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;108103 | &nbsp;&nbsp;108103 | &nbsp;&nbsp;108103 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;99310 | &nbsp;&nbsp;99310 | &nbsp;&nbsp;99310 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;95690 | &nbsp;&nbsp;95690 | &nbsp;&nbsp;95690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;91034 | &nbsp;&nbsp;91034 | &nbsp;&nbsp;91034 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;85345 | &nbsp;&nbsp;85345 | &nbsp;&nbsp;85345 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;80690 | &nbsp;&nbsp;80690 | &nbsp;&nbsp;80690 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;43966 | &nbsp;&nbsp;43966 | &nbsp;&nbsp;43966 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;43966 | &nbsp;&nbsp;43966 | &nbsp;&nbsp;43966 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;38276 | &nbsp;&nbsp;38276 | &nbsp;&nbsp;38276 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;34655 | &nbsp;&nbsp;34655 | &nbsp;&nbsp;34655 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;SF | &nbsp;&nbsp;213.11 | &nbsp;&nbsp;56500000 | &nbsp;&nbsp;56500000 | &nbsp;&nbsp;56500000 | &nbsp;&nbsp;5.52000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;5.50117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;263509.72 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3162116.64 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;SF | &nbsp;&nbsp;572.75 | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;6.70000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.68117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;311348.38 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3736180.56 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;SF | &nbsp;&nbsp;320.55 | &nbsp;&nbsp;45000000 | &nbsp;&nbsp;45000000 | &nbsp;&nbsp;45000000 | &nbsp;&nbsp;5.43886125190669% | &nbsp;&nbsp;0.01778% | &nbsp;&nbsp;5.42118125190669% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;206790.04 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2481480.48 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;10443951 | &nbsp;&nbsp;10443951 | &nbsp;&nbsp;10443951 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;5195634 | &nbsp;&nbsp;5195634 | &nbsp;&nbsp;5195634 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;4603654 | &nbsp;&nbsp;4603654 | &nbsp;&nbsp;4603654 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;3992927 | &nbsp;&nbsp;3992927 | &nbsp;&nbsp;3992927 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;Spaces |  | &nbsp;&nbsp;3208127 | &nbsp;&nbsp;3208127 | &nbsp;&nbsp;3208127 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;Rooms |  | &nbsp;&nbsp;2665229 | &nbsp;&nbsp;2665229 | &nbsp;&nbsp;2665229 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;2360415 | &nbsp;&nbsp;2360415 | &nbsp;&nbsp;2360415 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;Spaces |  | &nbsp;&nbsp;2120444 | &nbsp;&nbsp;2120444 | &nbsp;&nbsp;2120444 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;Rooms |  | &nbsp;&nbsp;2027898 | &nbsp;&nbsp;2027898 | &nbsp;&nbsp;2027898 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;2009020 | &nbsp;&nbsp;2009020 | &nbsp;&nbsp;2009020 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;2002566 | &nbsp;&nbsp;2002566 | &nbsp;&nbsp;2002566 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;1773615 | &nbsp;&nbsp;1773615 | &nbsp;&nbsp;1773615 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;1035834 | &nbsp;&nbsp;1035834 | &nbsp;&nbsp;1035834 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;899385 | &nbsp;&nbsp;899385 | &nbsp;&nbsp;899385 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;NAP |  | &nbsp;&nbsp;661302 | &nbsp;&nbsp;661302 | &nbsp;&nbsp;661302 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;SF | &nbsp;&nbsp;128.07 | &nbsp;&nbsp;40500000 | &nbsp;&nbsp;40500000 | &nbsp;&nbsp;40500000 | &nbsp;&nbsp;5.87000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;5.85117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;200864.06 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2410368.72 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;12780000 | &nbsp;&nbsp;12780000 | &nbsp;&nbsp;12780000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;12200000 | &nbsp;&nbsp;12200000 | &nbsp;&nbsp;12200000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;8260000 | &nbsp;&nbsp;8260000 | &nbsp;&nbsp;8260000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;7260000 | &nbsp;&nbsp;7260000 | &nbsp;&nbsp;7260000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;Units | &nbsp;&nbsp;116279.07 | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;6.73000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.71117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;199017.94 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2388215.28 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;11200000 | &nbsp;&nbsp;11200000 | &nbsp;&nbsp;11200000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;9100000 | &nbsp;&nbsp;9100000 | &nbsp;&nbsp;9100000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;7600000 | &nbsp;&nbsp;7600000 | &nbsp;&nbsp;7600000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;3800000 | &nbsp;&nbsp;3800000 | &nbsp;&nbsp;3800000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;Units |  | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;3300000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;Units | &nbsp;&nbsp;647058.82 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;5.91000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;5.89117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;114848.26 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1378179.12 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;SF | &nbsp;&nbsp;241.01 | &nbsp;&nbsp;22000000 | &nbsp;&nbsp;22000000 | &nbsp;&nbsp;22000000 | &nbsp;&nbsp;6.99700% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.97817% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;130059.98 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1560719.76 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;Units | &nbsp;&nbsp;138926.17 | &nbsp;&nbsp;20700000 | &nbsp;&nbsp;20700000 | &nbsp;&nbsp;20700000 | &nbsp;&nbsp;6.00000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;5.98117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;104937.50 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1259250.00 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;Rooms | &nbsp;&nbsp;257936.51 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;6.87000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.85117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;116090.28 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1393083.36 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;SF | &nbsp;&nbsp;230.52 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;6.66500% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.64617% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;112626.16 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1351513.92 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;SF | &nbsp;&nbsp;529.83 | &nbsp;&nbsp;18650000 | &nbsp;&nbsp;18650000 | &nbsp;&nbsp;18650000 | &nbsp;&nbsp;6.05200% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.03317% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;95364.53 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1144374.36 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;SF | &nbsp;&nbsp;63.63 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;5.27000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;5.25117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;80147.92 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;961775.04 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Unit of Measure** | &nbsp;&nbsp;**Loan Per Unit ($)** | &nbsp;&nbsp;**Original Balance ($)** | &nbsp;&nbsp;**Cut-off Date Balance ($)** | &nbsp;&nbsp;**Maturity/ARD Balance ($)** | &nbsp;&nbsp;**Interest Rate %** | &nbsp;&nbsp;**Administrative Fee Rate %** | &nbsp;&nbsp;**Net Mortgage Rate %** | &nbsp;&nbsp;**Monthly Debt Service (P&I) ($)** | &nbsp;&nbsp;**Monthly Debt Service (IO) ($)** | &nbsp;&nbsp;**Annual Debt Service (P&I) ($)** | &nbsp;&nbsp;**Annual Debt Service (IO) ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;7250000 | &nbsp;&nbsp;7250000 | &nbsp;&nbsp;7250000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;6750000 | &nbsp;&nbsp;6750000 | &nbsp;&nbsp;6750000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;SF |  | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;4000000 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;Units | &nbsp;&nbsp;486486.49 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;5.85000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;5.83117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;88968.75 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1067625.00 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;Rooms | &nbsp;&nbsp;179687.50 | &nbsp;&nbsp;17250000 | &nbsp;&nbsp;17250000 | &nbsp;&nbsp;17250000 | &nbsp;&nbsp;7.87000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.85117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;114702.52 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1376430.24 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;SF | &nbsp;&nbsp;129.76 | &nbsp;&nbsp;16700000 | &nbsp;&nbsp;16700000 | &nbsp;&nbsp;16700000 | &nbsp;&nbsp;7.56000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.54117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;106671.25 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1280055.00 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;SF | &nbsp;&nbsp;150.07 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;6.60000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.58117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;72493.06 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;869916.72 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;SF | &nbsp;&nbsp;197.47 | &nbsp;&nbsp;12500000 | &nbsp;&nbsp;12473285 | &nbsp;&nbsp;11827078 | &nbsp;&nbsp;6.90000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.88117% | &nbsp;&nbsp;82325.02 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;987900.24 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;SF | &nbsp;&nbsp;122.97 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;6.50000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.48117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;58214.12 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;698569.44 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;SF | &nbsp;&nbsp;75.13 | &nbsp;&nbsp;10300000 | &nbsp;&nbsp;10300000 | &nbsp;&nbsp;10300000 | &nbsp;&nbsp;6.89200% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.87317% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;59977.95 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;719735.40 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;SF | &nbsp;&nbsp;206.08 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;7.37900% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.36017% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;62345.72 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;748148.64 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;SF | &nbsp;&nbsp;64.50 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;6.74000% | &nbsp;&nbsp;0.02008% | &nbsp;&nbsp;6.71992% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;56946.76 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;683361.12 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;SF | &nbsp;&nbsp;370.89 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;6.45000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.43117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;54496.53 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;653958.36 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;SF | &nbsp;&nbsp;76.66 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;7.13000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.11117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;60241.90 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;722902.80 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;SF | &nbsp;&nbsp;505.93 | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;7.12000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.10117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;57149.54 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;685794.48 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;SF | &nbsp;&nbsp;61.03 | &nbsp;&nbsp;8700000 | &nbsp;&nbsp;8700000 | &nbsp;&nbsp;8700000 | &nbsp;&nbsp;6.45000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.43117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47411.98 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;568943.76 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;Units | &nbsp;&nbsp;108974.36 | &nbsp;&nbsp;8500000 | &nbsp;&nbsp;8500000 | &nbsp;&nbsp;8500000 | &nbsp;&nbsp;6.57500% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.55617% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47219.76 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;566637.12 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;Rooms | &nbsp;&nbsp;77777.78 | &nbsp;&nbsp;8400000 | &nbsp;&nbsp;8400000 | &nbsp;&nbsp;8400000 | &nbsp;&nbsp;6.90000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.88117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;48970.83 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;587649.96 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;Units | &nbsp;&nbsp;37382.20 | &nbsp;&nbsp;7140000 | &nbsp;&nbsp;7140000 | &nbsp;&nbsp;7140000 | &nbsp;&nbsp;7.02000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.00117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;42349.13 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;508189.56 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;Pads | &nbsp;&nbsp;37417.22 | &nbsp;&nbsp;5650000 | &nbsp;&nbsp;5650000 | &nbsp;&nbsp;5650000 | &nbsp;&nbsp;7.04000% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;7.02117% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;33607.04 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;403284.48 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;Pads |  | &nbsp;&nbsp;3727226 | &nbsp;&nbsp;3727226 | &nbsp;&nbsp;3727226 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;Pads |  | &nbsp;&nbsp;1064921 | &nbsp;&nbsp;1064921 | &nbsp;&nbsp;1064921 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;Pads |  | &nbsp;&nbsp;857853 | &nbsp;&nbsp;857853 | &nbsp;&nbsp;857853 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;SF | &nbsp;&nbsp;1416.23 | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;6.92100% | &nbsp;&nbsp;0.01883% | &nbsp;&nbsp;6.90217% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;23975.18 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;287702.16 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**ARD Loan (Yes / No)** | &nbsp;&nbsp;**Interest Accrual Method** | &nbsp;&nbsp;**Original Interest-Only Period (Mos.)** | &nbsp;&nbsp;**Remaining Interest-Only Period (Mos.)** | &nbsp;&nbsp;**Original Term To Maturity / ARD (Mos.)** | &nbsp;&nbsp;**Remaining Term To Maturity / ARD (Mos.)** | &nbsp;&nbsp;**Original Amortization Term (Mos.)** | &nbsp;&nbsp;**Remaining Amortization Term (Mos.)** | &nbsp;&nbsp;**Origination Date** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/26/2025 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**ARD Loan (Yes / No)** | &nbsp;&nbsp;**Interest Accrual Method** | &nbsp;&nbsp;**Original Interest-Only Period (Mos.)** | &nbsp;&nbsp;**Remaining Interest-Only Period (Mos.)** | &nbsp;&nbsp;**Original Term To Maturity / ARD (Mos.)** | &nbsp;&nbsp;**Remaining Term To Maturity / ARD (Mos.)** | &nbsp;&nbsp;**Original Amortization Term (Mos.)** | &nbsp;&nbsp;**Remaining Amortization Term (Mos.)** | &nbsp;&nbsp;**Origination Date** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/22/2025 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/3/2025 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/18/2025 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/26/2025 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/1/2025 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;56 | &nbsp;&nbsp;60 | &nbsp;&nbsp;56 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4/2/2025 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/8/2025 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/9/2025 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/30/2025 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/3/2025 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/24/2025 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/16/2025 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Amortization Type** | &nbsp;&nbsp;**ARD Loan (Yes / No)** | &nbsp;&nbsp;**Interest Accrual Method** | &nbsp;&nbsp;**Original Interest-Only Period (Mos.)** | &nbsp;&nbsp;**Remaining Interest-Only Period (Mos.)** | &nbsp;&nbsp;**Original Term To Maturity / ARD (Mos.)** | &nbsp;&nbsp;**Remaining Term To Maturity / ARD (Mos.)** | &nbsp;&nbsp;**Original Amortization Term (Mos.)** | &nbsp;&nbsp;**Remaining Amortization Term (Mos.)** | &nbsp;&nbsp;**Origination Date** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/25/2025 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/13/2025 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;52 | &nbsp;&nbsp;60 | &nbsp;&nbsp;52 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;12/6/2024 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/30/2025 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;Amortizing Balloon | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;360 | &nbsp;&nbsp;357 | &nbsp;&nbsp;5/5/2025 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/8/2025 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/6/2025 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;55 | &nbsp;&nbsp;60 | &nbsp;&nbsp;55 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2/26/2025 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;61 | &nbsp;&nbsp;59 | &nbsp;&nbsp;61 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/9/2025 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/1/2025 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/6/2025 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4/24/2025 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/12/2025 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/2/2025 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/1/2025 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/9/2025 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/1/2025 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/3/2025 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Seasoning (Mos.)** | &nbsp;&nbsp;**Payment Due Date** | &nbsp;&nbsp;**First Payment Date** | &nbsp;&nbsp;**First P&I Payment Date** | &nbsp;&nbsp;**Maturity Date or Anticipated Repayment Date** | &nbsp;&nbsp;**Final Maturity Date** | &nbsp;&nbsp;**Grace Period - Late Fee (Days)** | &nbsp;&nbsp;**Grace Period - Default (Days)** | &nbsp;&nbsp;**Prepayment Provision** | &nbsp;&nbsp;**Most Recent EGI ($)** |
|  |  |  |  |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;**3** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;1 | &nbsp;&nbsp;9 | &nbsp;&nbsp;8/9/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/9/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;YM0.5(53),O(7) | &nbsp;&nbsp;103218908 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;4860778 |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;23454 |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;3745803 |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2362787 |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;3282351 |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2966310 |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;3566981 |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;3139400 |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2790192 |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2123341 |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1778111 |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2453356 |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2725923 |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1586563 |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2244189 |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1752642 |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2218583 |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1762534 |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1852857 |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1718477 |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1476539 |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1603139 |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1711149 |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1232658 |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1386117 |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1327652 |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1527866 |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1577373 |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1089645 |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1550676 |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1302000 |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1177435 |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1758992 |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1480222 |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1323546 |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;(13278) |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;857645 |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;771816 |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1308500 |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1128456 |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1119029 |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;967555 |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1310583 |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1196709 |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;946328 |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;892504 |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;833174 |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;830579 |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;861594 |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;627449 |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;537693 |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;133104 |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;669160 |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;574723 |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1396522 |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;657822 |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;476811 |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;527373 |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;516528 |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;561933 |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;594407 |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;525602 |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;481411 |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;364635 |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;398531 |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;355379 |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;502739 |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;533669 |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;407772 |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;463143 |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;348418 |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;459771 |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;335009 |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;405078 |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;413739 |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;290086 |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;284018 |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;289208 |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;398115 |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;493220 |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;297048 |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;376991 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Seasoning (Mos.)** | &nbsp;&nbsp;**Payment Due Date** | &nbsp;&nbsp;**First Payment Date** | &nbsp;&nbsp;**First P&I Payment Date** | &nbsp;&nbsp;**Maturity Date or Anticipated Repayment Date** | &nbsp;&nbsp;**Final Maturity Date** | &nbsp;&nbsp;**Grace Period - Late Fee (Days)** | &nbsp;&nbsp;**Grace Period - Default (Days)** | &nbsp;&nbsp;**Prepayment Provision** | &nbsp;&nbsp;**Most Recent EGI ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;254906 |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;590096 |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;291980 |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;287806 |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;159657 |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;225085 |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;176657 |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;174094 |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;211638 |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;248093 |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;291071 |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;201211 |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;206965 |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;150693 |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;148450 |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;120024 |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;73303 |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;68712 |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;65404 |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;85122 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(27),O(7) | &nbsp;&nbsp;26235660 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;6760782 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;1 | &nbsp;&nbsp;11 | &nbsp;&nbsp;8/11/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/11/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),DorYM1(28),O(7) | &nbsp;&nbsp;177897628 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;26547325 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;20374686 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;17876633 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;13983494 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;11970392 |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;19621169 |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;7863025 |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;6709439 |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;17416676 |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;5773605 |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;10624018 |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;6289377 |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;4314479 |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;3358579 |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;5174730 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(29),O(6) | &nbsp;&nbsp;5072870 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1493962 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1262943 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;921023 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1394942 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(27),D(30),O(3) | &nbsp;&nbsp;5868822 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;2060920 |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1441608 |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1135550 |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;747374 |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;483371 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;5/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(28),D(25),O(7) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(31),O(5) | &nbsp;&nbsp;3952188 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(29),O(7) | &nbsp;&nbsp;2756199 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;66737231 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(12),YM1(41),O(7) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(30),O(5) | &nbsp;&nbsp;3236094 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(32),O(3) | &nbsp;&nbsp;3112021 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Seasoning (Mos.)** | &nbsp;&nbsp;**Payment Due Date** | &nbsp;&nbsp;**First Payment Date** | &nbsp;&nbsp;**First P&I Payment Date** | &nbsp;&nbsp;**Maturity Date or Anticipated Repayment Date** | &nbsp;&nbsp;**Final Maturity Date** | &nbsp;&nbsp;**Grace Period - Late Fee (Days)** | &nbsp;&nbsp;**Grace Period - Default (Days)** | &nbsp;&nbsp;**Prepayment Provision** | &nbsp;&nbsp;**Most Recent EGI ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1317927 |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;779870 |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;1014224 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;2373478 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(27),O(7) | &nbsp;&nbsp;6015732 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;8 | &nbsp;&nbsp;6 | &nbsp;&nbsp;1/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;12/6/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(32),D(21),O(7) | &nbsp;&nbsp;3481150 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5 (Once per trailing <br> 12-month period) | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(23),YM1(30),O(7) | &nbsp;&nbsp;1762222 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;3 | &nbsp;&nbsp;5 | &nbsp;&nbsp;6/5/2025 | &nbsp;&nbsp;6/5/2025 | &nbsp;&nbsp;5/5/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(27),DorYM1(26),O(7) | &nbsp;&nbsp;9363902 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(23),YM1(30),O(7) | &nbsp;&nbsp;1359013 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(27),D(26),O(7) | &nbsp;&nbsp;2169282 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;5 | &nbsp;&nbsp;6 | &nbsp;&nbsp;4/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(29),D(26),O(5) | &nbsp;&nbsp;25077129 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(28),O(7) | &nbsp;&nbsp;9844984 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;1396276 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(27),O(7) | &nbsp;&nbsp;832656 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(27),D(27),O(6) | &nbsp;&nbsp;4344105 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;1172713 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;1001680 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;3980036 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(33),O(3) | &nbsp;&nbsp;1762519 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(31),O(4) | &nbsp;&nbsp;848458 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;496482 |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;255060 |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;96915 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5 (Once per loan<br> term) | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(31),O(4) | &nbsp;&nbsp;577809 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Most Recent Expenses ($)** | &nbsp;&nbsp;**Most Recent NOI ($)** | &nbsp;&nbsp;**Most Recent NOI Date** | &nbsp;&nbsp;**Most Recent Description** | &nbsp;&nbsp;**Second Most Recent EGI ($)** | &nbsp;&nbsp;**Second Most Recent Expenses ($)** | &nbsp;&nbsp;**Second Most Recent NOI ($)** | &nbsp;&nbsp;**Second Most Recent NOI Date** | &nbsp;&nbsp;**Second Most Recent Description** | &nbsp;&nbsp;**Third Most Recent EGI ($)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;23277304 | &nbsp;&nbsp;79941604 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;104587817 | &nbsp;&nbsp;24224960 | &nbsp;&nbsp;80362857 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;106146461 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;286429 | &nbsp;&nbsp;4574349 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4257780 | &nbsp;&nbsp;208611 | &nbsp;&nbsp;4049169 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3291254 |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;659919 | &nbsp;&nbsp;(636465) | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;754153 | &nbsp;&nbsp;653402 | &nbsp;&nbsp;100751 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2905835 |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;619914 | &nbsp;&nbsp;3125889 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3738157 | &nbsp;&nbsp;650539 | &nbsp;&nbsp;3087618 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3677395 |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;104712 | &nbsp;&nbsp;2258076 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2343487 | &nbsp;&nbsp;107865 | &nbsp;&nbsp;2235622 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2264934 |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;189738 | &nbsp;&nbsp;3092613 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3249420 | &nbsp;&nbsp;187832 | &nbsp;&nbsp;3061587 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2863522 |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;135202 | &nbsp;&nbsp;2831108 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2966310 | &nbsp;&nbsp;136317 | &nbsp;&nbsp;2829993 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2923320 |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;993435 | &nbsp;&nbsp;2573545 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3559504 | &nbsp;&nbsp;979419 | &nbsp;&nbsp;2580086 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3530055 |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;926449 | &nbsp;&nbsp;2212951 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3161381 | &nbsp;&nbsp;943421 | &nbsp;&nbsp;2217960 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3037835 |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;520416 | &nbsp;&nbsp;2269777 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2808020 | &nbsp;&nbsp;573936 | &nbsp;&nbsp;2234084 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2785835 |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;15377 | &nbsp;&nbsp;2107964 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2908934 | &nbsp;&nbsp;971543 | &nbsp;&nbsp;1937391 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2617185 |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;378359 | &nbsp;&nbsp;1399752 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1761080 | &nbsp;&nbsp;374317 | &nbsp;&nbsp;1386763 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1699095 |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;109897 | &nbsp;&nbsp;2343460 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2377283 | &nbsp;&nbsp;107465 | &nbsp;&nbsp;2269818 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2282192 |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;846625 | &nbsp;&nbsp;1879298 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2737466 | &nbsp;&nbsp;856862 | &nbsp;&nbsp;1880604 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2689568 |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;198511 | &nbsp;&nbsp;1388052 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1578945 | &nbsp;&nbsp;188616 | &nbsp;&nbsp;1390329 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1521425 |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;519696 | &nbsp;&nbsp;1724493 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2225615 | &nbsp;&nbsp;502152 | &nbsp;&nbsp;1723463 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2157598 |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;447041 | &nbsp;&nbsp;1305601 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1757392 | &nbsp;&nbsp;440017 | &nbsp;&nbsp;1317376 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1739793 |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;488124 | &nbsp;&nbsp;1730459 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2189193 | &nbsp;&nbsp;458083 | &nbsp;&nbsp;1731110 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2210158 |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;408126 | &nbsp;&nbsp;1354408 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1762459 | &nbsp;&nbsp;403248 | &nbsp;&nbsp;1359210 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1793442 |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;452869 | &nbsp;&nbsp;1399988 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1991986 | &nbsp;&nbsp;593684 | &nbsp;&nbsp;1398303 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1784335 |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;96261 | &nbsp;&nbsp;1622216 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1701544 | &nbsp;&nbsp;128197 | &nbsp;&nbsp;1573347 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1691543 |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;110857 | &nbsp;&nbsp;1365682 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1465990 | &nbsp;&nbsp;110881 | &nbsp;&nbsp;1355109 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1435311 |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;345008 | &nbsp;&nbsp;1258131 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1600954 | &nbsp;&nbsp;355077 | &nbsp;&nbsp;1245877 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1551520 |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;478818 | &nbsp;&nbsp;1232331 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1713827 | &nbsp;&nbsp;482214 | &nbsp;&nbsp;1231612 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1697438 |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;1353699 | &nbsp;&nbsp;(121041) | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2553527 | &nbsp;&nbsp;1077406 | &nbsp;&nbsp;1476121 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4123674 |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;296643 | &nbsp;&nbsp;1089474 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1400238 | &nbsp;&nbsp;289259 | &nbsp;&nbsp;1110979 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1031667 |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;236862 | &nbsp;&nbsp;1090790 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1287048 | &nbsp;&nbsp;225664 | &nbsp;&nbsp;1061385 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1266453 |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;295514 | &nbsp;&nbsp;1232352 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1429959 | &nbsp;&nbsp;291807 | &nbsp;&nbsp;1138152 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1361072 |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;537899 | &nbsp;&nbsp;1039474 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1520250 | &nbsp;&nbsp;565154 | &nbsp;&nbsp;955096 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1458083 |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;77661 | &nbsp;&nbsp;1011984 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;992153 | &nbsp;&nbsp;75615 | &nbsp;&nbsp;916538 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;842547 |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;239719 | &nbsp;&nbsp;1310957 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1593897 | &nbsp;&nbsp;221056 | &nbsp;&nbsp;1372841 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1894953 |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;316890 | &nbsp;&nbsp;985110 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1294458 | &nbsp;&nbsp;314900 | &nbsp;&nbsp;979558 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1272418 |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;424395 | &nbsp;&nbsp;753040 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1249216 | &nbsp;&nbsp;438693 | &nbsp;&nbsp;810523 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1222255 |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;585503 | &nbsp;&nbsp;1173489 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1699022 | &nbsp;&nbsp;557680 | &nbsp;&nbsp;1141341 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1673892 |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;364572 | &nbsp;&nbsp;1115650 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1499171 | &nbsp;&nbsp;383696 | &nbsp;&nbsp;1115475 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1356463 |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;273629 | &nbsp;&nbsp;1049918 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1360568 | &nbsp;&nbsp;291904 | &nbsp;&nbsp;1068664 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1308384 |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;366861 | &nbsp;&nbsp;(380140) | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;(13278) | &nbsp;&nbsp;407520 | &nbsp;&nbsp;(420798) | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1106860 |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;245993 | &nbsp;&nbsp;611651 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;856634 | &nbsp;&nbsp;244129 | &nbsp;&nbsp;612505 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;852711 |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;49334 | &nbsp;&nbsp;722482 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;771816 | &nbsp;&nbsp;50606 | &nbsp;&nbsp;721210 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;771765 |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;345318 | &nbsp;&nbsp;963182 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1303278 | &nbsp;&nbsp;344161 | &nbsp;&nbsp;959117 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1285197 |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;150160 | &nbsp;&nbsp;978296 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1071165 | &nbsp;&nbsp;148336 | &nbsp;&nbsp;922829 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;964995 |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;324075 | &nbsp;&nbsp;794954 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1088748 | &nbsp;&nbsp;374664 | &nbsp;&nbsp;714085 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1093392 |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;385453 | &nbsp;&nbsp;582101 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;930603 | &nbsp;&nbsp;378026 | &nbsp;&nbsp;552577 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;983331 |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;186925 | &nbsp;&nbsp;1123658 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;919515 | &nbsp;&nbsp;188370 | &nbsp;&nbsp;731146 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;927174 |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;380054 | &nbsp;&nbsp;816655 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1198016 | &nbsp;&nbsp;407888 | &nbsp;&nbsp;790128 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1119470 |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;226293 | &nbsp;&nbsp;720035 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;951595 | &nbsp;&nbsp;229019 | &nbsp;&nbsp;722576 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;932662 |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;61886 | &nbsp;&nbsp;830619 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;886661 | &nbsp;&nbsp;60743 | &nbsp;&nbsp;825918 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;867483 |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;102115 | &nbsp;&nbsp;731059 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;814290 | &nbsp;&nbsp;102341 | &nbsp;&nbsp;711950 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;824317 |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;89665 | &nbsp;&nbsp;740913 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;807586 | &nbsp;&nbsp;84013 | &nbsp;&nbsp;723573 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;774934 |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;308896 | &nbsp;&nbsp;552699 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;835255 | &nbsp;&nbsp;277721 | &nbsp;&nbsp;557534 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;826674 |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;207553 | &nbsp;&nbsp;419897 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;633903 | &nbsp;&nbsp;207247 | &nbsp;&nbsp;426656 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;581888 |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;46637 | &nbsp;&nbsp;491056 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;538173 | &nbsp;&nbsp;47924 | &nbsp;&nbsp;490249 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;755235 |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;154570 | &nbsp;&nbsp;(21466) | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;129025 | &nbsp;&nbsp;149641 | &nbsp;&nbsp;(20616) | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;84049 |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;148200 | &nbsp;&nbsp;520960 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;669497 | &nbsp;&nbsp;157771 | &nbsp;&nbsp;511726 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;603081 |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;47273 | &nbsp;&nbsp;527450 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;586622 | &nbsp;&nbsp;49883 | &nbsp;&nbsp;536738 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;541460 |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;1054872 | &nbsp;&nbsp;341650 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1531718 | &nbsp;&nbsp;1023658 | &nbsp;&nbsp;508060 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1301312 |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;97294 | &nbsp;&nbsp;560527 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;657822 | &nbsp;&nbsp;98223 | &nbsp;&nbsp;559599 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;657822 |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;150650 | &nbsp;&nbsp;326161 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;478746 | &nbsp;&nbsp;149977 | &nbsp;&nbsp;328769 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;470508 |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;88268 | &nbsp;&nbsp;439104 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;529440 | &nbsp;&nbsp;91219 | &nbsp;&nbsp;438221 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;501923 |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;134989 | &nbsp;&nbsp;381539 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;515572 | &nbsp;&nbsp;137540 | &nbsp;&nbsp;378032 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;496692 |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;65063 | &nbsp;&nbsp;496870 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;558145 | &nbsp;&nbsp;66046 | &nbsp;&nbsp;492099 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;545188 |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;118086 | &nbsp;&nbsp;476322 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;585379 | &nbsp;&nbsp;112696 | &nbsp;&nbsp;472682 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;571834 |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;57795 | &nbsp;&nbsp;467806 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;523050 | &nbsp;&nbsp;83619 | &nbsp;&nbsp;439431 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;507816 |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;59339 | &nbsp;&nbsp;422072 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;480959 | &nbsp;&nbsp;61247 | &nbsp;&nbsp;419712 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;479612 |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;96171 | &nbsp;&nbsp;268464 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;360820 | &nbsp;&nbsp;94093 | &nbsp;&nbsp;266727 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;345504 |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;204474 | &nbsp;&nbsp;194056 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;390493 | &nbsp;&nbsp;206261 | &nbsp;&nbsp;184232 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;422762 |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;101118 | &nbsp;&nbsp;254261 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;350899 | &nbsp;&nbsp;97777 | &nbsp;&nbsp;253121 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;338159 |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;125791 | &nbsp;&nbsp;376948 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;492591 | &nbsp;&nbsp;131494 | &nbsp;&nbsp;361097 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;480299 |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;165947 | &nbsp;&nbsp;367722 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;498729 | &nbsp;&nbsp;163161 | &nbsp;&nbsp;335568 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;480766 |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;166153 | &nbsp;&nbsp;241619 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;380182 | &nbsp;&nbsp;164921 | &nbsp;&nbsp;215261 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;371867 |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;129298 | &nbsp;&nbsp;333845 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;461484 | &nbsp;&nbsp;130850 | &nbsp;&nbsp;330635 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;442396 |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;92457 | &nbsp;&nbsp;255961 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;348278 | &nbsp;&nbsp;92976 | &nbsp;&nbsp;255302 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;335807 |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;166571 | &nbsp;&nbsp;293200 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;452752 | &nbsp;&nbsp;165798 | &nbsp;&nbsp;286954 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;501342 |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;188936 | &nbsp;&nbsp;146073 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;331791 | &nbsp;&nbsp;190987 | &nbsp;&nbsp;140804 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;323340 |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;88399 | &nbsp;&nbsp;316679 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;399988 | &nbsp;&nbsp;86148 | &nbsp;&nbsp;313840 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;387540 |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;47424 | &nbsp;&nbsp;366316 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;453257 | &nbsp;&nbsp;126010 | &nbsp;&nbsp;327248 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;556497 |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;102706 | &nbsp;&nbsp;187380 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;285368 | &nbsp;&nbsp;99600 | &nbsp;&nbsp;185768 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;272834 |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;79998 | &nbsp;&nbsp;204021 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;281493 | &nbsp;&nbsp;81420 | &nbsp;&nbsp;200074 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;299938 |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;81892 | &nbsp;&nbsp;207316 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;284565 | &nbsp;&nbsp;78688 | &nbsp;&nbsp;205877 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;273866 |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;39250 | &nbsp;&nbsp;358865 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;398115 | &nbsp;&nbsp;40140 | &nbsp;&nbsp;357976 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;398115 |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;110731 | &nbsp;&nbsp;382489 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;491753 | &nbsp;&nbsp;110277 | &nbsp;&nbsp;381476 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;479971 |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;91184 | &nbsp;&nbsp;205864 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;295917 | &nbsp;&nbsp;90280 | &nbsp;&nbsp;205637 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;290785 |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;79766 | &nbsp;&nbsp;297225 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;376306 | &nbsp;&nbsp;79012 | &nbsp;&nbsp;297294 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;366235 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Most Recent Expenses ($)** | &nbsp;&nbsp;**Most Recent NOI ($)** | &nbsp;&nbsp;**Most Recent NOI Date** | &nbsp;&nbsp;**Most Recent Description** | &nbsp;&nbsp;**Second Most Recent EGI ($)** | &nbsp;&nbsp;**Second Most Recent Expenses ($)** | &nbsp;&nbsp;**Second Most Recent NOI ($)** | &nbsp;&nbsp;**Second Most Recent NOI Date** | &nbsp;&nbsp;**Second Most Recent Description** | &nbsp;&nbsp;**Third Most Recent EGI ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;86415 | &nbsp;&nbsp;168492 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;250248 | &nbsp;&nbsp;82552 | &nbsp;&nbsp;167696 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;239566 |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;111737 | &nbsp;&nbsp;478359 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;433542 | &nbsp;&nbsp;109391 | &nbsp;&nbsp;324151 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;436861 |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;92112 | &nbsp;&nbsp;199868 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;292176 | &nbsp;&nbsp;92161 | &nbsp;&nbsp;200015 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;282168 |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;35627 | &nbsp;&nbsp;252178 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;285442 | &nbsp;&nbsp;38652 | &nbsp;&nbsp;246789 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;278480 |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;108918 | &nbsp;&nbsp;50739 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;243878 | &nbsp;&nbsp;89521 | &nbsp;&nbsp;154356 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;836989 |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;55069 | &nbsp;&nbsp;170016 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;222460 | &nbsp;&nbsp;55246 | &nbsp;&nbsp;167214 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;212813 |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;51734 | &nbsp;&nbsp;124922 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;174793 | &nbsp;&nbsp;52180 | &nbsp;&nbsp;122613 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;166726 |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;56891 | &nbsp;&nbsp;117203 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;172568 | &nbsp;&nbsp;57171 | &nbsp;&nbsp;115397 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;165847 |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;34043 | &nbsp;&nbsp;177595 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;211638 | &nbsp;&nbsp;37119 | &nbsp;&nbsp;174519 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;199735 |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;34151 | &nbsp;&nbsp;213942 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;247960 | &nbsp;&nbsp;34348 | &nbsp;&nbsp;213612 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;247377 |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;109155 | &nbsp;&nbsp;181916 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;279112 | &nbsp;&nbsp;110698 | &nbsp;&nbsp;168414 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;268090 |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;52599 | &nbsp;&nbsp;148612 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;197974 | &nbsp;&nbsp;53079 | &nbsp;&nbsp;144895 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;188162 |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;45881 | &nbsp;&nbsp;161084 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;204951 | &nbsp;&nbsp;43421 | &nbsp;&nbsp;161530 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;187215 |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;50760 | &nbsp;&nbsp;99932 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;149100 | &nbsp;&nbsp;51079 | &nbsp;&nbsp;98021 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;142171 |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;58649 | &nbsp;&nbsp;89801 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;147443 | &nbsp;&nbsp;59305 | &nbsp;&nbsp;88138 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;141811 |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;38608 | &nbsp;&nbsp;81416 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;119022 | &nbsp;&nbsp;38983 | &nbsp;&nbsp;80039 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;114305 |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;28726 | &nbsp;&nbsp;44576 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;72876 | &nbsp;&nbsp;28968 | &nbsp;&nbsp;43908 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;69308 |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;26139 | &nbsp;&nbsp;42573 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;68194 | &nbsp;&nbsp;26434 | &nbsp;&nbsp;41760 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;65471 |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;24048 | &nbsp;&nbsp;41356 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;64890 | &nbsp;&nbsp;24320 | &nbsp;&nbsp;40570 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;62359 |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;29391 | &nbsp;&nbsp;55731 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;84446 | &nbsp;&nbsp;29679 | &nbsp;&nbsp;54766 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;81147 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;10552167 | &nbsp;&nbsp;15683493 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;26462401 | &nbsp;&nbsp;10275267 | &nbsp;&nbsp;16187134 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;25265151 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;1549271 | &nbsp;&nbsp;5211511 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6599880 | &nbsp;&nbsp;1465348 | &nbsp;&nbsp;5134532 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6295989 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;92831824 | &nbsp;&nbsp;85065804 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;177037288 | &nbsp;&nbsp;91133015 | &nbsp;&nbsp;85904273 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;169459101 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;15016503 | &nbsp;&nbsp;11530822 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;26064701 | &nbsp;&nbsp;14599219 | &nbsp;&nbsp;11465482 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;25046927 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;9262425 | &nbsp;&nbsp;11112261 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;20515868 | &nbsp;&nbsp;9075507 | &nbsp;&nbsp;11440361 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;20413581 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;8289828 | &nbsp;&nbsp;9586805 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;18111046 | &nbsp;&nbsp;8259562 | &nbsp;&nbsp;9851484 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;18284489 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;6911862 | &nbsp;&nbsp;7071632 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;13998573 | &nbsp;&nbsp;6860813 | &nbsp;&nbsp;7137760 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;13960725 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;3500451 | &nbsp;&nbsp;8469941 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;12031430 | &nbsp;&nbsp;3677779 | &nbsp;&nbsp;8353651 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;12124614 |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;12635862 | &nbsp;&nbsp;6985307 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;19307578 | &nbsp;&nbsp;12506062 | &nbsp;&nbsp;6801516 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;18040705 |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;2621501 | &nbsp;&nbsp;5241524 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;7693145 | &nbsp;&nbsp;2531528 | &nbsp;&nbsp;5161617 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6095942 |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;2109831 | &nbsp;&nbsp;4599608 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6605376 | &nbsp;&nbsp;2046817 | &nbsp;&nbsp;4558559 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6029688 |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;12888145 | &nbsp;&nbsp;4528531 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;17279138 | &nbsp;&nbsp;12647839 | &nbsp;&nbsp;4631299 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;17093197 |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;3817707 | &nbsp;&nbsp;1955899 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5818564 | &nbsp;&nbsp;3653387 | &nbsp;&nbsp;2165177 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4620594 |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;5912959 | &nbsp;&nbsp;4711059 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;10900772 | &nbsp;&nbsp;5815173 | &nbsp;&nbsp;5085599 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;10200265 |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;1201039 | &nbsp;&nbsp;5088338 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6072631 | &nbsp;&nbsp;1206007 | &nbsp;&nbsp;4866624 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5631616 |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;2961888 | &nbsp;&nbsp;1352591 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4297199 | &nbsp;&nbsp;2972636 | &nbsp;&nbsp;1324563 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4363617 |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;1303687 | &nbsp;&nbsp;2054892 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3315256 | &nbsp;&nbsp;1268317 | &nbsp;&nbsp;2046939 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3077751 |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;4398136 | &nbsp;&nbsp;776594 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5026011 | &nbsp;&nbsp;4012369 | &nbsp;&nbsp;1013642 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4475391 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;2111297 | &nbsp;&nbsp;2961573 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5009527 | &nbsp;&nbsp;2061768 | &nbsp;&nbsp;2947759 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;599690 | &nbsp;&nbsp;894272 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1472044 | &nbsp;&nbsp;634030 | &nbsp;&nbsp;838013 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-9 Ann | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;378596 | &nbsp;&nbsp;884347 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1213605 | &nbsp;&nbsp;363302 | &nbsp;&nbsp;850303 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-9 Ann | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;431758 | &nbsp;&nbsp;489265 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;918544 | &nbsp;&nbsp;415703 | &nbsp;&nbsp;502842 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-11 Ann | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;701253 | &nbsp;&nbsp;693689 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1405334 | &nbsp;&nbsp;648733 | &nbsp;&nbsp;756601 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-9 Ann | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;2512973 | &nbsp;&nbsp;3355849 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5453046 | &nbsp;&nbsp;2273630 | &nbsp;&nbsp;3179416 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5186381 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;936961 | &nbsp;&nbsp;1123959 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1900051 | &nbsp;&nbsp;867691 | &nbsp;&nbsp;1032360 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1827286 |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;613660 | &nbsp;&nbsp;827948 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1366061 | &nbsp;&nbsp;562496 | &nbsp;&nbsp;803565 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1290168 |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;400090 | &nbsp;&nbsp;735460 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1038997 | &nbsp;&nbsp;352687 | &nbsp;&nbsp;686310 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;996362 |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;357477 | &nbsp;&nbsp;389897 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;674411 | &nbsp;&nbsp;314398 | &nbsp;&nbsp;360013 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;649595 |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;204785 | &nbsp;&nbsp;278586 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;473526 | &nbsp;&nbsp;176359 | &nbsp;&nbsp;297167 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;422970 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;1865862 | &nbsp;&nbsp;2086326 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3737577 | &nbsp;&nbsp;1813616 | &nbsp;&nbsp;1923960 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3976161 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;1276769 | &nbsp;&nbsp;1479431 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2382459 | &nbsp;&nbsp;1229358 | &nbsp;&nbsp;1153101 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;46506993 | &nbsp;&nbsp;20230238 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;63171481 | &nbsp;&nbsp;45530930 | &nbsp;&nbsp;17640551 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;62442563 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;1205345 | &nbsp;&nbsp;2030750 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3216132 | &nbsp;&nbsp;1156217 | &nbsp;&nbsp;2059915 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;516266 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;1544160 | &nbsp;&nbsp;1567862 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2965202 | &nbsp;&nbsp;1563805 | &nbsp;&nbsp;1401397 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2774637 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Most Recent Expenses ($)** | &nbsp;&nbsp;**Most Recent NOI ($)** | &nbsp;&nbsp;**Most Recent NOI Date** | &nbsp;&nbsp;**Most Recent Description** | &nbsp;&nbsp;**Second Most Recent EGI ($)** | &nbsp;&nbsp;**Second Most Recent Expenses ($)** | &nbsp;&nbsp;**Second Most Recent NOI ($)** | &nbsp;&nbsp;**Second Most Recent NOI Date** | &nbsp;&nbsp;**Second Most Recent Description** | &nbsp;&nbsp;**Third Most Recent EGI ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;874272 | &nbsp;&nbsp;443654 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1220280 | &nbsp;&nbsp;873369 | &nbsp;&nbsp;346910 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1088123 |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;162214 | &nbsp;&nbsp;617656 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;760706 | &nbsp;&nbsp;165123 | &nbsp;&nbsp;595583 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;713671 |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;507673 | &nbsp;&nbsp;506551 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;984217 | &nbsp;&nbsp;525313 | &nbsp;&nbsp;458904 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;972843 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;980951 | &nbsp;&nbsp;1392528 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2366266 | &nbsp;&nbsp;949280 | &nbsp;&nbsp;1416986 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2218596 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;3569035 | &nbsp;&nbsp;2446698 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6746326 | &nbsp;&nbsp;3840793 | &nbsp;&nbsp;2905533 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6024191 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;1487478 | &nbsp;&nbsp;1993672 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3265292 | &nbsp;&nbsp;1480102 | &nbsp;&nbsp;1785190 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3378839 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;707381 | &nbsp;&nbsp;1054840 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1829190 | &nbsp;&nbsp;702713 | &nbsp;&nbsp;1126477 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1855904 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;3453626 | &nbsp;&nbsp;5910276 | &nbsp;&nbsp;1/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;9227803 | &nbsp;&nbsp;3426659 | &nbsp;&nbsp;5801145 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;8496059 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;507322 | &nbsp;&nbsp;851691 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1303050 | &nbsp;&nbsp;504049 | &nbsp;&nbsp;799001 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1074815 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;910705 | &nbsp;&nbsp;1258577 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2184082 | &nbsp;&nbsp;921361 | &nbsp;&nbsp;1262721 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1891617 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;12274774 | &nbsp;&nbsp;12802355 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;27060997 | &nbsp;&nbsp;12085752 | &nbsp;&nbsp;14975245 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;24946674 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;3734484 | &nbsp;&nbsp;6110500 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;9590218 | &nbsp;&nbsp;3699195 | &nbsp;&nbsp;5891023 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;8294359 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;935343 | &nbsp;&nbsp;460934 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1368346 | &nbsp;&nbsp;977266 | &nbsp;&nbsp;391080 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1343437 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;328940 | &nbsp;&nbsp;503716 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;782602 | &nbsp;&nbsp;316562 | &nbsp;&nbsp;466039 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;602841 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;1288952 | &nbsp;&nbsp;3055154 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;300263 | &nbsp;&nbsp;872450 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1192288 | &nbsp;&nbsp;309519 | &nbsp;&nbsp;882769 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1192505 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;465181 | &nbsp;&nbsp;536499 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-9 Ann | &nbsp;&nbsp;860619 | &nbsp;&nbsp;504931 | &nbsp;&nbsp;355688 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-4 Ann | &nbsp;&nbsp;663880 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;2434775 | &nbsp;&nbsp;1545261 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3983990 | &nbsp;&nbsp;2467803 | &nbsp;&nbsp;1516187 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4035150 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;1094883 | &nbsp;&nbsp;667636 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1669356 | &nbsp;&nbsp;1128242 | &nbsp;&nbsp;541114 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1735045 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;312750 | &nbsp;&nbsp;535708 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;727207 | &nbsp;&nbsp;269427 | &nbsp;&nbsp;457779 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;432162 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;165028 | &nbsp;&nbsp;331454 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;406762 | &nbsp;&nbsp;140350 | &nbsp;&nbsp;266413 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;214837 |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;113172 | &nbsp;&nbsp;141888 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;242276 | &nbsp;&nbsp;101534 | &nbsp;&nbsp;140742 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;217325 |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;34550 | &nbsp;&nbsp;62365 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;78168 | &nbsp;&nbsp;27544 | &nbsp;&nbsp;50625 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-10 | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;197264 | &nbsp;&nbsp;380545 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;576924 | &nbsp;&nbsp;208110 | &nbsp;&nbsp;368814 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;557046 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Third Most Recent Expenses ($)** | &nbsp;&nbsp;**Third Most Recent NOI ($)** | &nbsp;&nbsp;**Third Most Recent NOI Date** | &nbsp;&nbsp;**Third Most Recent Description** | &nbsp;&nbsp;**Underwritten Economic Occupancy (%)** | &nbsp;&nbsp;**Underwritten EGI ($)** | &nbsp;&nbsp;**Underwritten Expenses ($)** | &nbsp;&nbsp;**Underwritten Net Operating Income ($)** | &nbsp;&nbsp;**Underwritten Replacement / FF&E Reserve ($)** | &nbsp;&nbsp;**Underwritten TI / LC ($)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;23492800 | &nbsp;&nbsp;82653662 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;82.9% | &nbsp;&nbsp;109122615 | &nbsp;&nbsp;24773246 | &nbsp;&nbsp;84349369 | &nbsp;&nbsp;2541179 | &nbsp;&nbsp;1905885 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;255484 | &nbsp;&nbsp;3035770 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5869214 | &nbsp;&nbsp;344439 | &nbsp;&nbsp;5524775 | &nbsp;&nbsp;189005 | &nbsp;&nbsp;141753 |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;658666 | &nbsp;&nbsp;2247170 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;20532 | &nbsp;&nbsp;666448 | &nbsp;&nbsp;(645916) | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;630080 | &nbsp;&nbsp;3047315 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3954274 | &nbsp;&nbsp;613308 | &nbsp;&nbsp;3340965 | &nbsp;&nbsp;105914 | &nbsp;&nbsp;79435 |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;106957 | &nbsp;&nbsp;2157977 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2438872 | &nbsp;&nbsp;102706 | &nbsp;&nbsp;2336166 | &nbsp;&nbsp;48057 | &nbsp;&nbsp;36042 |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;179918 | &nbsp;&nbsp;2683604 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3463099 | &nbsp;&nbsp;177615 | &nbsp;&nbsp;3285484 | &nbsp;&nbsp;151990 | &nbsp;&nbsp;113993 |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;138220 | &nbsp;&nbsp;2785100 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3030795 | &nbsp;&nbsp;128555 | &nbsp;&nbsp;2902240 | &nbsp;&nbsp;128970 | &nbsp;&nbsp;96728 |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;982667 | &nbsp;&nbsp;2547388 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3581948 | &nbsp;&nbsp;977856 | &nbsp;&nbsp;2604092 | &nbsp;&nbsp;53064 | &nbsp;&nbsp;39798 |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;880636 | &nbsp;&nbsp;2157199 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3188164 | &nbsp;&nbsp;889027 | &nbsp;&nbsp;2299137 | &nbsp;&nbsp;79888 | &nbsp;&nbsp;59916 |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;790646 | &nbsp;&nbsp;1995188 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2773877 | &nbsp;&nbsp;762963 | &nbsp;&nbsp;2010913 | &nbsp;&nbsp;47551 | &nbsp;&nbsp;35663 |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;949341 | &nbsp;&nbsp;1667844 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2517764 | &nbsp;&nbsp;253922 | &nbsp;&nbsp;2263842 | &nbsp;&nbsp;60480 | &nbsp;&nbsp;45360 |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;356749 | &nbsp;&nbsp;1342346 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2415904 | &nbsp;&nbsp;392307 | &nbsp;&nbsp;2023597 | &nbsp;&nbsp;67500 | &nbsp;&nbsp;50625 |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;105332 | &nbsp;&nbsp;2176860 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2510592 | &nbsp;&nbsp;110897 | &nbsp;&nbsp;2399696 | &nbsp;&nbsp;31699 | &nbsp;&nbsp;23775 |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;815819 | &nbsp;&nbsp;1873749 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2691349 | &nbsp;&nbsp;813412 | &nbsp;&nbsp;1877937 | &nbsp;&nbsp;60972 | &nbsp;&nbsp;45729 |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;150042 | &nbsp;&nbsp;1371383 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2814543 | &nbsp;&nbsp;231358 | &nbsp;&nbsp;2583185 | &nbsp;&nbsp;78794 | &nbsp;&nbsp;59096 |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;471823 | &nbsp;&nbsp;1685775 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2384076 | &nbsp;&nbsp;579987 | &nbsp;&nbsp;1804089 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;435847 | &nbsp;&nbsp;1303946 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1925372 | &nbsp;&nbsp;491060 | &nbsp;&nbsp;1434312 | &nbsp;&nbsp;57609 | &nbsp;&nbsp;43207 |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;485162 | &nbsp;&nbsp;1724996 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2465056 | &nbsp;&nbsp;496502 | &nbsp;&nbsp;1968554 | &nbsp;&nbsp;45040 | &nbsp;&nbsp;33780 |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;436265 | &nbsp;&nbsp;1357177 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1801638 | &nbsp;&nbsp;401120 | &nbsp;&nbsp;1400518 | &nbsp;&nbsp;29776 | &nbsp;&nbsp;22332 |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;486828 | &nbsp;&nbsp;1297508 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2032496 | &nbsp;&nbsp;634058 | &nbsp;&nbsp;1398438 | &nbsp;&nbsp;28840 | &nbsp;&nbsp;21630 |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;121983 | &nbsp;&nbsp;1569560 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1808086 | &nbsp;&nbsp;106693 | &nbsp;&nbsp;1701393 | &nbsp;&nbsp;67592 | &nbsp;&nbsp;50694 |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;104155 | &nbsp;&nbsp;1331156 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1517778 | &nbsp;&nbsp;107988 | &nbsp;&nbsp;1409790 | &nbsp;&nbsp;33434 | &nbsp;&nbsp;25076 |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;330806 | &nbsp;&nbsp;1220714 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1665010 | &nbsp;&nbsp;354752 | &nbsp;&nbsp;1310258 | &nbsp;&nbsp;17063 | &nbsp;&nbsp;12798 |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;491223 | &nbsp;&nbsp;1206215 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1715916 | &nbsp;&nbsp;476992 | &nbsp;&nbsp;1238924 | &nbsp;&nbsp;24337 | &nbsp;&nbsp;18252 |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;954762 | &nbsp;&nbsp;3168913 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0 | &nbsp;&nbsp;1230119 | &nbsp;&nbsp;(1230119) | &nbsp;&nbsp;106954 | &nbsp;&nbsp;80215 |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;225073 | &nbsp;&nbsp;806594 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1417930 | &nbsp;&nbsp;274899 | &nbsp;&nbsp;1143031 | &nbsp;&nbsp;25012 | &nbsp;&nbsp;18759 |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;203312 | &nbsp;&nbsp;1063141 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1390856 | &nbsp;&nbsp;208850 | &nbsp;&nbsp;1182006 | &nbsp;&nbsp;28828 | &nbsp;&nbsp;21621 |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;252933 | &nbsp;&nbsp;1108139 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1466281 | &nbsp;&nbsp;257694 | &nbsp;&nbsp;1208587 | &nbsp;&nbsp;46270 | &nbsp;&nbsp;34703 |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;488595 | &nbsp;&nbsp;969488 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1554429 | &nbsp;&nbsp;533346 | &nbsp;&nbsp;1021084 | &nbsp;&nbsp;19437 | &nbsp;&nbsp;14578 |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;71497 | &nbsp;&nbsp;771050 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1204613 | &nbsp;&nbsp;81108 | &nbsp;&nbsp;1123505 | &nbsp;&nbsp;40196 | &nbsp;&nbsp;30147 |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;251645 | &nbsp;&nbsp;1643308 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1460632 | &nbsp;&nbsp;239921 | &nbsp;&nbsp;1220711 | &nbsp;&nbsp;26230 | &nbsp;&nbsp;19673 |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;293067 | &nbsp;&nbsp;979351 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1406998 | &nbsp;&nbsp;317077 | &nbsp;&nbsp;1089921 | &nbsp;&nbsp;31668 | &nbsp;&nbsp;23751 |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;418599 | &nbsp;&nbsp;803656 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1779223 | &nbsp;&nbsp;485100 | &nbsp;&nbsp;1294123 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;37500 |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;595805 | &nbsp;&nbsp;1078087 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1738587 | &nbsp;&nbsp;558993 | &nbsp;&nbsp;1179595 | &nbsp;&nbsp;70800 | &nbsp;&nbsp;53100 |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;397716 | &nbsp;&nbsp;958747 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1576348 | &nbsp;&nbsp;407388 | &nbsp;&nbsp;1168960 | &nbsp;&nbsp;25000 | &nbsp;&nbsp;18750 |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;263059 | &nbsp;&nbsp;1045325 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1330665 | &nbsp;&nbsp;276453 | &nbsp;&nbsp;1054212 | &nbsp;&nbsp;44400 | &nbsp;&nbsp;33300 |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;306814 | &nbsp;&nbsp;800046 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0 | &nbsp;&nbsp;414083 | &nbsp;&nbsp;(414083) | &nbsp;&nbsp;30060 | &nbsp;&nbsp;22545 |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;292443 | &nbsp;&nbsp;560267 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;893514 | &nbsp;&nbsp;254381 | &nbsp;&nbsp;639133 | &nbsp;&nbsp;22124 | &nbsp;&nbsp;16593 |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;52821 | &nbsp;&nbsp;718945 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;771955 | &nbsp;&nbsp;44761 | &nbsp;&nbsp;727195 | &nbsp;&nbsp;13947 | &nbsp;&nbsp;10460 |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;344311 | &nbsp;&nbsp;940886 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1348863 | &nbsp;&nbsp;348927 | &nbsp;&nbsp;999936 | &nbsp;&nbsp;38000 | &nbsp;&nbsp;28500 |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;142145 | &nbsp;&nbsp;822851 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1141925 | &nbsp;&nbsp;139966 | &nbsp;&nbsp;1001959 | &nbsp;&nbsp;25029 | &nbsp;&nbsp;18772 |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;365490 | &nbsp;&nbsp;727902 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1232228 | &nbsp;&nbsp;385054 | &nbsp;&nbsp;847174 | &nbsp;&nbsp;18355 | &nbsp;&nbsp;13766 |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;365109 | &nbsp;&nbsp;618221 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;87.9% | &nbsp;&nbsp;991014 | &nbsp;&nbsp;384760 | &nbsp;&nbsp;606254 | &nbsp;&nbsp;9554 | &nbsp;&nbsp;7165 |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;200854 | &nbsp;&nbsp;726320 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;944739 | &nbsp;&nbsp;192195 | &nbsp;&nbsp;752544 | &nbsp;&nbsp;37880 | &nbsp;&nbsp;28410 |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;354129 | &nbsp;&nbsp;765341 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1300769 | &nbsp;&nbsp;396840 | &nbsp;&nbsp;903929 | &nbsp;&nbsp;25012 | &nbsp;&nbsp;18759 |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;218476 | &nbsp;&nbsp;714186 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;945967 | &nbsp;&nbsp;233734 | &nbsp;&nbsp;712233 | &nbsp;&nbsp;9000 | &nbsp;&nbsp;6750 |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;63120 | &nbsp;&nbsp;804364 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;911625 | &nbsp;&nbsp;57355 | &nbsp;&nbsp;854270 | &nbsp;&nbsp;27500 | &nbsp;&nbsp;20625 |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;92578 | &nbsp;&nbsp;731739 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;855007 | &nbsp;&nbsp;101942 | &nbsp;&nbsp;753065 | &nbsp;&nbsp;11856 | &nbsp;&nbsp;8892 |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;63939 | &nbsp;&nbsp;710995 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;966125 | &nbsp;&nbsp;95115 | &nbsp;&nbsp;871010 | &nbsp;&nbsp;22072 | &nbsp;&nbsp;16554 |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;275571 | &nbsp;&nbsp;551103 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;878903 | &nbsp;&nbsp;276485 | &nbsp;&nbsp;602418 | &nbsp;&nbsp;13973 | &nbsp;&nbsp;10480 |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;414411 | &nbsp;&nbsp;167477 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;696385 | &nbsp;&nbsp;236432 | &nbsp;&nbsp;459954 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;284517 | &nbsp;&nbsp;470718 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;535986 | &nbsp;&nbsp;43752 | &nbsp;&nbsp;492234 | &nbsp;&nbsp;19177 | &nbsp;&nbsp;14382 |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;231898 | &nbsp;&nbsp;(147849) | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;180994 | &nbsp;&nbsp;186424 | &nbsp;&nbsp;(5430) | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;123886 | &nbsp;&nbsp;479195 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;685272 | &nbsp;&nbsp;142702 | &nbsp;&nbsp;542569 | &nbsp;&nbsp;10840 | &nbsp;&nbsp;8130 |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;122197 | &nbsp;&nbsp;419263 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;647420 | &nbsp;&nbsp;42021 | &nbsp;&nbsp;605400 | &nbsp;&nbsp;17823 | &nbsp;&nbsp;13367 |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;91292 | &nbsp;&nbsp;1210020 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1715189 | &nbsp;&nbsp;1317519 | &nbsp;&nbsp;397670 | &nbsp;&nbsp;22751 | &nbsp;&nbsp;17063 |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;102264 | &nbsp;&nbsp;555558 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;681228 | &nbsp;&nbsp;97213 | &nbsp;&nbsp;584015 | &nbsp;&nbsp;17778 | &nbsp;&nbsp;13334 |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;149881 | &nbsp;&nbsp;320627 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;548697 | &nbsp;&nbsp;210480 | &nbsp;&nbsp;338217 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;95434 | &nbsp;&nbsp;406489 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;557490 | &nbsp;&nbsp;95846 | &nbsp;&nbsp;461645 | &nbsp;&nbsp;12842 | &nbsp;&nbsp;9632 |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;141402 | &nbsp;&nbsp;355290 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;596191 | &nbsp;&nbsp;169996 | &nbsp;&nbsp;426195 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;63445 | &nbsp;&nbsp;481743 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;587427 | &nbsp;&nbsp;58769 | &nbsp;&nbsp;528658 | &nbsp;&nbsp;17825 | &nbsp;&nbsp;13368 |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;109807 | &nbsp;&nbsp;462027 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;626100 | &nbsp;&nbsp;126328 | &nbsp;&nbsp;499772 | &nbsp;&nbsp;15052 | &nbsp;&nbsp;11289 |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;60836 | &nbsp;&nbsp;446980 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0 | &nbsp;&nbsp;36439 | &nbsp;&nbsp;(36439) | &nbsp;&nbsp;29600 | &nbsp;&nbsp;22200 |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;73219 | &nbsp;&nbsp;406393 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;508270 | &nbsp;&nbsp;61679 | &nbsp;&nbsp;446591 | &nbsp;&nbsp;6679 | &nbsp;&nbsp;5009 |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;95470 | &nbsp;&nbsp;250034 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;402387 | &nbsp;&nbsp;111907 | &nbsp;&nbsp;290481 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;184276 | &nbsp;&nbsp;238487 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;556966 | &nbsp;&nbsp;189137 | &nbsp;&nbsp;367829 | &nbsp;&nbsp;4608 | &nbsp;&nbsp;3456 |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;98807 | &nbsp;&nbsp;239351 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;397288 | &nbsp;&nbsp;120659 | &nbsp;&nbsp;276629 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;124265 | &nbsp;&nbsp;356034 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;529629 | &nbsp;&nbsp;135159 | &nbsp;&nbsp;394470 | &nbsp;&nbsp;5664 | &nbsp;&nbsp;4248 |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;166408 | &nbsp;&nbsp;314358 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;549893 | &nbsp;&nbsp;155567 | &nbsp;&nbsp;394326 | &nbsp;&nbsp;13338 | &nbsp;&nbsp;10004 |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;160974 | &nbsp;&nbsp;210893 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;411617 | &nbsp;&nbsp;150755 | &nbsp;&nbsp;260862 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;137619 | &nbsp;&nbsp;304776 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;465086 | &nbsp;&nbsp;131662 | &nbsp;&nbsp;333424 | &nbsp;&nbsp;12478 | &nbsp;&nbsp;9359 |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;94717 | &nbsp;&nbsp;241090 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;401069 | &nbsp;&nbsp;121915 | &nbsp;&nbsp;279154 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;174375 | &nbsp;&nbsp;326967 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;550133 | &nbsp;&nbsp;187950 | &nbsp;&nbsp;362183 | &nbsp;&nbsp;16782 | &nbsp;&nbsp;12586 |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;192329 | &nbsp;&nbsp;131012 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;422186 | &nbsp;&nbsp;201109 | &nbsp;&nbsp;221077 | &nbsp;&nbsp;7400 | &nbsp;&nbsp;5550 |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;89557 | &nbsp;&nbsp;297982 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;472417 | &nbsp;&nbsp;105054 | &nbsp;&nbsp;367364 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;213507 | &nbsp;&nbsp;342991 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;631667 | &nbsp;&nbsp;231456 | &nbsp;&nbsp;400211 | &nbsp;&nbsp;8082 | &nbsp;&nbsp;6062 |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;102048 | &nbsp;&nbsp;170786 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;344732 | &nbsp;&nbsp;123349 | &nbsp;&nbsp;221383 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;85369 | &nbsp;&nbsp;214569 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;317815 | &nbsp;&nbsp;85700 | &nbsp;&nbsp;232115 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;80497 | &nbsp;&nbsp;193369 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;369758 | &nbsp;&nbsp;101652 | &nbsp;&nbsp;268106 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;50481 | &nbsp;&nbsp;347634 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;397922 | &nbsp;&nbsp;35772 | &nbsp;&nbsp;362150 | &nbsp;&nbsp;8765 | &nbsp;&nbsp;6574 |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;108286 | &nbsp;&nbsp;371684 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;526800 | &nbsp;&nbsp;108864 | &nbsp;&nbsp;417936 | &nbsp;&nbsp;14059 | &nbsp;&nbsp;10544 |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;93103 | &nbsp;&nbsp;197683 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;317127 | &nbsp;&nbsp;101589 | &nbsp;&nbsp;215538 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;83109 | &nbsp;&nbsp;283126 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;413000 | &nbsp;&nbsp;84078 | &nbsp;&nbsp;328922 | &nbsp;&nbsp;4862 | &nbsp;&nbsp;3647 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Third Most Recent Expenses ($)** | &nbsp;&nbsp;**Third Most Recent NOI ($)** | &nbsp;&nbsp;**Third Most Recent NOI Date** | &nbsp;&nbsp;**Third Most Recent Description** | &nbsp;&nbsp;**Underwritten Economic Occupancy (%)** | &nbsp;&nbsp;**Underwritten EGI ($)** | &nbsp;&nbsp;**Underwritten Expenses ($)** | &nbsp;&nbsp;**Underwritten Net Operating Income ($)** | &nbsp;&nbsp;**Underwritten Replacement / FF&E Reserve ($)** | &nbsp;&nbsp;**Underwritten TI / LC ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;83246 | &nbsp;&nbsp;156320 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;293241 | &nbsp;&nbsp;108201 | &nbsp;&nbsp;185040 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;110350 | &nbsp;&nbsp;326511 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;443083 | &nbsp;&nbsp;109224 | &nbsp;&nbsp;333858 | &nbsp;&nbsp;7767 | &nbsp;&nbsp;5825 |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;91658 | &nbsp;&nbsp;190511 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;349732 | &nbsp;&nbsp;94446 | &nbsp;&nbsp;255286 | &nbsp;&nbsp;3322 | &nbsp;&nbsp;2492 |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;41168 | &nbsp;&nbsp;237311 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;298000 | &nbsp;&nbsp;29836 | &nbsp;&nbsp;268164 | &nbsp;&nbsp;8000 | &nbsp;&nbsp;6000 |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;113436 | &nbsp;&nbsp;723553 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0 | &nbsp;&nbsp;110923 | &nbsp;&nbsp;(110923) | &nbsp;&nbsp;11872 | &nbsp;&nbsp;8904 |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;60562 | &nbsp;&nbsp;152251 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;246211 | &nbsp;&nbsp;57350 | &nbsp;&nbsp;188860 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;57023 | &nbsp;&nbsp;109703 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;196108 | &nbsp;&nbsp;54335 | &nbsp;&nbsp;141773 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;60953 | &nbsp;&nbsp;104894 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;191858 | &nbsp;&nbsp;59352 | &nbsp;&nbsp;132506 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;37978 | &nbsp;&nbsp;161758 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;211638 | &nbsp;&nbsp;27453 | &nbsp;&nbsp;184185 | &nbsp;&nbsp;4332 | &nbsp;&nbsp;3249 |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;39787 | &nbsp;&nbsp;207590 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;265250 | &nbsp;&nbsp;36233 | &nbsp;&nbsp;229016 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;101143 | &nbsp;&nbsp;166946 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;291132 | &nbsp;&nbsp;107104 | &nbsp;&nbsp;184028 | &nbsp;&nbsp;5080 | &nbsp;&nbsp;3810 |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;57375 | &nbsp;&nbsp;130788 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.4% | &nbsp;&nbsp;210019 | &nbsp;&nbsp;54790 | &nbsp;&nbsp;155229 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;32288 | &nbsp;&nbsp;154927 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;223447 | &nbsp;&nbsp;36772 | &nbsp;&nbsp;186675 | &nbsp;&nbsp;7672 | &nbsp;&nbsp;5754 |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;54850 | &nbsp;&nbsp;87321 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;158251 | &nbsp;&nbsp;52894 | &nbsp;&nbsp;105357 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;62254 | &nbsp;&nbsp;79557 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;159688 | &nbsp;&nbsp;61075 | &nbsp;&nbsp;98613 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;42364 | &nbsp;&nbsp;71941 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;134075 | &nbsp;&nbsp;40828 | &nbsp;&nbsp;93247 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;33675 | &nbsp;&nbsp;35633 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;83049 | &nbsp;&nbsp;29997 | &nbsp;&nbsp;53052 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;31042 | &nbsp;&nbsp;34429 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;80602 | &nbsp;&nbsp;27540 | &nbsp;&nbsp;53062 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;29222 | &nbsp;&nbsp;33137 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;77460 | &nbsp;&nbsp;25346 | &nbsp;&nbsp;52115 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;34228 | &nbsp;&nbsp;46919 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;70075 | &nbsp;&nbsp;30104 | &nbsp;&nbsp;39970 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;10252027 | &nbsp;&nbsp;15013124 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;89.7% | &nbsp;&nbsp;26657806 | &nbsp;&nbsp;10351763 | &nbsp;&nbsp;16306043 | &nbsp;&nbsp;53024 | &nbsp;&nbsp;530238 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;1401746 | &nbsp;&nbsp;4894242 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;97.0% | &nbsp;&nbsp;7085187 | &nbsp;&nbsp;1810031 | &nbsp;&nbsp;5275156 | &nbsp;&nbsp;34125 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;88666801 | &nbsp;&nbsp;80792301 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.9% | &nbsp;&nbsp;202966635 | &nbsp;&nbsp;94863741 | &nbsp;&nbsp;108102894 | &nbsp;&nbsp;1937297 | &nbsp;&nbsp;2469376 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;12502090 | &nbsp;&nbsp;12544837 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.8% | &nbsp;&nbsp;44590549 | &nbsp;&nbsp;15917619 | &nbsp;&nbsp;28672930 | &nbsp;&nbsp;100196 | &nbsp;&nbsp;1001962 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;8270699 | &nbsp;&nbsp;12142882 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.8% | &nbsp;&nbsp;23904488 | &nbsp;&nbsp;9389036 | &nbsp;&nbsp;14515453 | &nbsp;&nbsp;49850 | &nbsp;&nbsp;498502 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;7737431 | &nbsp;&nbsp;10547058 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;89.1% | &nbsp;&nbsp;18187614 | &nbsp;&nbsp;8316769 | &nbsp;&nbsp;9870844 | &nbsp;&nbsp;43080 | &nbsp;&nbsp;430796 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;6836895 | &nbsp;&nbsp;7123830 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;90.9% | &nbsp;&nbsp;14466864 | &nbsp;&nbsp;6667424 | &nbsp;&nbsp;7799440 | &nbsp;&nbsp;100200 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;4146770 | &nbsp;&nbsp;7977844 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12214948 | &nbsp;&nbsp;3670839 | &nbsp;&nbsp;8544110 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;11997729 | &nbsp;&nbsp;6042976 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;79.8% | &nbsp;&nbsp;19621169 | &nbsp;&nbsp;12728876 | &nbsp;&nbsp;6892293 | &nbsp;&nbsp;784847 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;2076312 | &nbsp;&nbsp;4019630 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;98.0% | &nbsp;&nbsp;9111104 | &nbsp;&nbsp;2945084 | &nbsp;&nbsp;6166020 | &nbsp;&nbsp;18227 | &nbsp;&nbsp;182272 |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;3252265 | &nbsp;&nbsp;2777423 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6690104 | &nbsp;&nbsp;2784410 | &nbsp;&nbsp;3905694 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;12837205 | &nbsp;&nbsp;4255992 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;78.5% | &nbsp;&nbsp;17416676 | &nbsp;&nbsp;12862149 | &nbsp;&nbsp;4554527 | &nbsp;&nbsp;696667 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;3766924 | &nbsp;&nbsp;853669 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;82.1% | &nbsp;&nbsp;6752961 | &nbsp;&nbsp;3930953 | &nbsp;&nbsp;2822008 | &nbsp;&nbsp;51000 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;5777310 | &nbsp;&nbsp;4422955 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10825614 | &nbsp;&nbsp;6071365 | &nbsp;&nbsp;4754249 | &nbsp;&nbsp;29903 | &nbsp;&nbsp;299030 |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;1486525 | &nbsp;&nbsp;4145091 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6538560 | &nbsp;&nbsp;1915634 | &nbsp;&nbsp;4622926 | &nbsp;&nbsp;28046 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;3037234 | &nbsp;&nbsp;1326383 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;90.6% | &nbsp;&nbsp;4504665 | &nbsp;&nbsp;2997522 | &nbsp;&nbsp;1507143 | &nbsp;&nbsp;29600 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;1299635 | &nbsp;&nbsp;1778116 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;82.1% | &nbsp;&nbsp;3669678 | &nbsp;&nbsp;1315456 | &nbsp;&nbsp;2354222 | &nbsp;&nbsp;5681 | &nbsp;&nbsp;56814 |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;3641777 | &nbsp;&nbsp;833614 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4471639 | &nbsp;&nbsp;3350604 | &nbsp;&nbsp;1121035 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;88.6% | &nbsp;&nbsp;5431045 | &nbsp;&nbsp;2183541 | &nbsp;&nbsp;3247505 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;86.0% | &nbsp;&nbsp;1615189 | &nbsp;&nbsp;594904 | &nbsp;&nbsp;1020285 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;92.0% | &nbsp;&nbsp;1364522 | &nbsp;&nbsp;395905 | &nbsp;&nbsp;968617 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;97.4% | &nbsp;&nbsp;1067914 | &nbsp;&nbsp;389977 | &nbsp;&nbsp;677937 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;82.2% | &nbsp;&nbsp;1383421 | &nbsp;&nbsp;802754 | &nbsp;&nbsp;580666 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;2153344 | &nbsp;&nbsp;3033037 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.6% | &nbsp;&nbsp;5868822 | &nbsp;&nbsp;2602598 | &nbsp;&nbsp;3266224 | &nbsp;&nbsp;78769 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;819434 | &nbsp;&nbsp;1007852 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;96.9% | &nbsp;&nbsp;2060920 | &nbsp;&nbsp;966975 | &nbsp;&nbsp;1093946 | &nbsp;&nbsp;23166 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;528155 | &nbsp;&nbsp;762013 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.6% | &nbsp;&nbsp;1441608 | &nbsp;&nbsp;649443 | &nbsp;&nbsp;792165 | &nbsp;&nbsp;22769 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;338660 | &nbsp;&nbsp;657702 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;97.5% | &nbsp;&nbsp;1135550 | &nbsp;&nbsp;408508 | &nbsp;&nbsp;727042 | &nbsp;&nbsp;21074 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;298265 | &nbsp;&nbsp;351330 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.0% | &nbsp;&nbsp;747374 | &nbsp;&nbsp;368028 | &nbsp;&nbsp;379345 | &nbsp;&nbsp;8089 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;168831 | &nbsp;&nbsp;254139 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.6% | &nbsp;&nbsp;483371 | &nbsp;&nbsp;209644 | &nbsp;&nbsp;273727 | &nbsp;&nbsp;3671 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;94.4% | &nbsp;&nbsp;7606122 | &nbsp;&nbsp;842740 | &nbsp;&nbsp;6763382 | &nbsp;&nbsp;36138 | &nbsp;&nbsp;15390 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;1978486 | &nbsp;&nbsp;1997675 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;87.5% | &nbsp;&nbsp;4055034 | &nbsp;&nbsp;1665801 | &nbsp;&nbsp;2389232 | &nbsp;&nbsp;18257 | &nbsp;&nbsp;14104 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;83.0% | &nbsp;&nbsp;2780011 | &nbsp;&nbsp;1217643 | &nbsp;&nbsp;1562368 | &nbsp;&nbsp;37250 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;43408039 | &nbsp;&nbsp;19034524 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;70.2% | &nbsp;&nbsp;66737231 | &nbsp;&nbsp;46433563 | &nbsp;&nbsp;20303668 | &nbsp;&nbsp;3336862 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.3% | &nbsp;&nbsp;5658192 | &nbsp;&nbsp;1390067 | &nbsp;&nbsp;4268126 | &nbsp;&nbsp;19989 | &nbsp;&nbsp;85537 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;1263225 | &nbsp;&nbsp;(746959) | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;3463089 | &nbsp;&nbsp;1171028 | &nbsp;&nbsp;2292061 | &nbsp;&nbsp;7040 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;1653197 | &nbsp;&nbsp;1121440 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;90.5% | &nbsp;&nbsp;4104308 | &nbsp;&nbsp;1584454 | &nbsp;&nbsp;2519854 | &nbsp;&nbsp;42430 | &nbsp;&nbsp;183117 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Third Most Recent Expenses ($)** | &nbsp;&nbsp;**Third Most Recent NOI ($)** | &nbsp;&nbsp;**Third Most Recent NOI Date** | &nbsp;&nbsp;**Third Most Recent Description** | &nbsp;&nbsp;**Underwritten Economic Occupancy (%)** | &nbsp;&nbsp;**Underwritten EGI ($)** | &nbsp;&nbsp;**Underwritten Expenses ($)** | &nbsp;&nbsp;**Underwritten Net Operating Income ($)** | &nbsp;&nbsp;**Underwritten Replacement / FF&E Reserve ($)** | &nbsp;&nbsp;**Underwritten TI / LC ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;961980 | &nbsp;&nbsp;126143 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;84.8% | &nbsp;&nbsp;1929908 | &nbsp;&nbsp;898136 | &nbsp;&nbsp;1031772 | &nbsp;&nbsp;22417 | &nbsp;&nbsp;96462 |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;156896 | &nbsp;&nbsp;556774 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;947055 | &nbsp;&nbsp;169557 | &nbsp;&nbsp;777499 | &nbsp;&nbsp;7785 | &nbsp;&nbsp;33865 |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;534320 | &nbsp;&nbsp;438523 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.9% | &nbsp;&nbsp;1227344 | &nbsp;&nbsp;516761 | &nbsp;&nbsp;710583 | &nbsp;&nbsp;12227 | &nbsp;&nbsp;52790 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;979186 | &nbsp;&nbsp;1239410 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;97.0% | &nbsp;&nbsp;2361872 | &nbsp;&nbsp;969859 | &nbsp;&nbsp;1392013 | &nbsp;&nbsp;13190 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;3628418 | &nbsp;&nbsp;2395773 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;77.2% | &nbsp;&nbsp;6015732 | &nbsp;&nbsp;3573325 | &nbsp;&nbsp;2442408 | &nbsp;&nbsp;240629 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;1250577 | &nbsp;&nbsp;2128262 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;93.3% | &nbsp;&nbsp;3660362 | &nbsp;&nbsp;1500500 | &nbsp;&nbsp;2159863 | &nbsp;&nbsp;51479 | &nbsp;&nbsp;113252 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;661401 | &nbsp;&nbsp;1194503 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;89.5% | &nbsp;&nbsp;1791209 | &nbsp;&nbsp;695434 | &nbsp;&nbsp;1095775 | &nbsp;&nbsp;8438 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;3661095 | &nbsp;&nbsp;4834964 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;10987592 | &nbsp;&nbsp;3536705 | &nbsp;&nbsp;7450887 | &nbsp;&nbsp;88937 | &nbsp;&nbsp;277927 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;465069 | &nbsp;&nbsp;609746 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;89.5% | &nbsp;&nbsp;1475005 | &nbsp;&nbsp;511726 | &nbsp;&nbsp;963279 | &nbsp;&nbsp;12930 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;836234 | &nbsp;&nbsp;1055383 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;88.8% | &nbsp;&nbsp;2177080 | &nbsp;&nbsp;930344 | &nbsp;&nbsp;1246736 | &nbsp;&nbsp;21935 | &nbsp;&nbsp;68547 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;11853447 | &nbsp;&nbsp;13093227 | &nbsp;&nbsp;12/31/2022 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.5% | &nbsp;&nbsp;28864102 | &nbsp;&nbsp;13042893 | &nbsp;&nbsp;15821208 | &nbsp;&nbsp;111608 | &nbsp;&nbsp;837060 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;2904901 | &nbsp;&nbsp;5389457 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;12092176 | &nbsp;&nbsp;3804601 | &nbsp;&nbsp;8287574 | &nbsp;&nbsp;144184 | &nbsp;&nbsp;218538 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;957605 | &nbsp;&nbsp;385832 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;97.0% | &nbsp;&nbsp;1871735 | &nbsp;&nbsp;972761 | &nbsp;&nbsp;898974 | &nbsp;&nbsp;7186 | &nbsp;&nbsp;39031 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;307626 | &nbsp;&nbsp;295216 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1375209 | &nbsp;&nbsp;349609 | &nbsp;&nbsp;1025599 | &nbsp;&nbsp;24785 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;93.0% | &nbsp;&nbsp;8528192 | &nbsp;&nbsp;1209804 | &nbsp;&nbsp;7318388 | &nbsp;&nbsp;29648 | &nbsp;&nbsp;185303 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;296546 | &nbsp;&nbsp;895959 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.7% | &nbsp;&nbsp;1170379 | &nbsp;&nbsp;373635 | &nbsp;&nbsp;796744 | &nbsp;&nbsp;11015 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;309381 | &nbsp;&nbsp;354498 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-9 Ann | &nbsp;&nbsp;94.2% | &nbsp;&nbsp;1211826 | &nbsp;&nbsp;401451 | &nbsp;&nbsp;810376 | &nbsp;&nbsp;19500 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;2456910 | &nbsp;&nbsp;1578241 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;77.4% | &nbsp;&nbsp;3980036 | &nbsp;&nbsp;2426696 | &nbsp;&nbsp;1553340 | &nbsp;&nbsp;159201 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;1214294 | &nbsp;&nbsp;520750 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.6% | &nbsp;&nbsp;1897591 | &nbsp;&nbsp;1154493 | &nbsp;&nbsp;743098 | &nbsp;&nbsp;48323 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;193410 | &nbsp;&nbsp;238752 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;Various | &nbsp;&nbsp;78.8% | &nbsp;&nbsp;948793 | &nbsp;&nbsp;377980 | &nbsp;&nbsp;570813 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;98832 | &nbsp;&nbsp;116005 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-4 Ann | &nbsp;&nbsp;86.4% | &nbsp;&nbsp;560938 | &nbsp;&nbsp;179048 | &nbsp;&nbsp;381890 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;94578 | &nbsp;&nbsp;122747 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;68.1% | &nbsp;&nbsp;254835 | &nbsp;&nbsp;144849 | &nbsp;&nbsp;109986 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;133020 | &nbsp;&nbsp;54084 | &nbsp;&nbsp;78936 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;197639 | &nbsp;&nbsp;359407 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;577536 | &nbsp;&nbsp;178012 | &nbsp;&nbsp;399524 | &nbsp;&nbsp;579 | &nbsp;&nbsp;0 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Underwritten Net Cash Flow ($)** | &nbsp;&nbsp;**Underwritten NOI DSCR (x)** | &nbsp;&nbsp;**Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Underwritten NOI Debt Yield (%)** | &nbsp;&nbsp;**Underwritten NCF Debt Yield (%)** | &nbsp;&nbsp;**Appraised Value ($)** | &nbsp;&nbsp;**Appraised Value Type** | &nbsp;&nbsp;**Appraisal Date** | &nbsp;&nbsp;**Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**LTV Ratio at Maturity / ARD (%)** |
|  |  |  |  |  |  | &nbsp;&nbsp;**4** | &nbsp;&nbsp;**4** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;79902305 | &nbsp;&nbsp;2.07 | &nbsp;&nbsp;1.96 | &nbsp;&nbsp;11.3% | &nbsp;&nbsp;10.7% | &nbsp;&nbsp;1706541600 | &nbsp;&nbsp;As Portfolio | &nbsp;&nbsp;4/10/2025 | &nbsp;&nbsp;43.8% | &nbsp;&nbsp;43.8% |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;5194017 |  |  |  |  | &nbsp;&nbsp;91500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;(645916) |  |  |  |  | &nbsp;&nbsp;80740000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;3155617 |  |  |  |  | &nbsp;&nbsp;54100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;2252067 |  |  |  |  | &nbsp;&nbsp;70600000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;3019502 |  |  |  |  | &nbsp;&nbsp;47900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/10/2025 |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;2676543 |  |  |  |  | &nbsp;&nbsp;47600000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;2511230 |  |  |  |  | &nbsp;&nbsp;44800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;2159333 |  |  |  |  | &nbsp;&nbsp;45100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;1927699 |  |  |  |  | &nbsp;&nbsp;43800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;2158002 |  |  |  |  | &nbsp;&nbsp;42700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;1905472 |  |  |  |  | &nbsp;&nbsp;41500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;2344222 |  |  |  |  | &nbsp;&nbsp;37800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;1771236 |  |  |  |  | &nbsp;&nbsp;37200000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;2445295 |  |  |  |  | &nbsp;&nbsp;37100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;1804089 |  |  |  |  | &nbsp;&nbsp;36500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;1333496 |  |  |  |  | &nbsp;&nbsp;41800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;1889735 |  |  |  |  | &nbsp;&nbsp;32900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;1348410 |  |  |  |  | &nbsp;&nbsp;25300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;1347968 |  |  |  |  | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;1583107 |  |  |  |  | &nbsp;&nbsp;24230000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/9/2025 |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;1351280 |  |  |  |  | &nbsp;&nbsp;23020000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;1280397 |  |  |  |  | &nbsp;&nbsp;22950000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;1196335 |  |  |  |  | &nbsp;&nbsp;21500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;(1417288) |  |  |  |  | &nbsp;&nbsp;25200000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;1099260 |  |  |  |  | &nbsp;&nbsp;20500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;1131558 |  |  |  |  | &nbsp;&nbsp;19800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;1127614 |  |  |  |  | &nbsp;&nbsp;19700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;987068 |  |  |  |  | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;1053162 |  |  |  |  | &nbsp;&nbsp;17960000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;1174808 |  |  |  |  | &nbsp;&nbsp;17750000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;1034502 |  |  |  |  | &nbsp;&nbsp;17000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;1206623 |  |  |  |  | &nbsp;&nbsp;15700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;1055695 |  |  |  |  | &nbsp;&nbsp;15500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;1125210 |  |  |  |  | &nbsp;&nbsp;15400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;976512 |  |  |  |  | &nbsp;&nbsp;15670000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/9/2025 |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;(466688) |  |  |  |  | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;600416 |  |  |  |  | &nbsp;&nbsp;15900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;702788 |  |  |  |  | &nbsp;&nbsp;14700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;933436 |  |  |  |  | &nbsp;&nbsp;14000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;958158 |  |  |  |  | &nbsp;&nbsp;13980000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;815052 |  |  |  |  | &nbsp;&nbsp;13800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;589534 |  |  |  |  | &nbsp;&nbsp;13300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;686254 |  |  |  |  | &nbsp;&nbsp;13200000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/9/2025 |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;860158 |  |  |  |  | &nbsp;&nbsp;12950000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/10/2025 |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;696483 |  |  |  |  | &nbsp;&nbsp;12400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;806145 |  |  |  |  | &nbsp;&nbsp;11900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;732316 |  |  |  |  | &nbsp;&nbsp;11700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;832384 |  |  |  |  | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;577965 |  |  |  |  | &nbsp;&nbsp;10900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;459954 |  |  |  |  | &nbsp;&nbsp;10720000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;458675 |  |  |  |  | &nbsp;&nbsp;10500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;(5430) |  |  |  |  | &nbsp;&nbsp;11950000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;523600 |  |  |  |  | &nbsp;&nbsp;9600000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;574210 |  |  |  |  | &nbsp;&nbsp;9460000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;357857 |  |  |  |  | &nbsp;&nbsp;13180000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;552904 |  |  |  |  | &nbsp;&nbsp;9300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;338217 |  |  |  |  | &nbsp;&nbsp;8940000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;439171 |  |  |  |  | &nbsp;&nbsp;7700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;426195 |  |  |  |  | &nbsp;&nbsp;7670000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;497465 |  |  |  |  | &nbsp;&nbsp;7600000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;473430 |  |  |  |  | &nbsp;&nbsp;6900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;(88239) |  |  |  |  | &nbsp;&nbsp;8050000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;434903 |  |  |  |  | &nbsp;&nbsp;6800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;290481 |  |  |  |  | &nbsp;&nbsp;6425000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;359765 |  |  |  |  | &nbsp;&nbsp;6350000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;276629 |  |  |  |  | &nbsp;&nbsp;6265000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;384558 |  |  |  |  | &nbsp;&nbsp;6225000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;370984 |  |  |  |  | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;260862 |  |  |  |  | &nbsp;&nbsp;6435000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;311588 |  |  |  |  | &nbsp;&nbsp;5690000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;279154 |  |  |  |  | &nbsp;&nbsp;5345000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;332815 |  |  |  |  | &nbsp;&nbsp;5250000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;208126 |  |  |  |  | &nbsp;&nbsp;7200000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;367364 |  |  |  |  | &nbsp;&nbsp;5175000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;386068 |  |  |  |  | &nbsp;&nbsp;4900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/3/2025 |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;221383 |  |  |  |  | &nbsp;&nbsp;5135000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;232115 |  |  |  |  | &nbsp;&nbsp;5055000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;268106 |  |  |  |  | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;346812 |  |  |  |  | &nbsp;&nbsp;4700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;393333 |  |  |  |  | &nbsp;&nbsp;4540000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;215538 |  |  |  |  | &nbsp;&nbsp;4730000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;320414 |  |  |  |  | &nbsp;&nbsp;4300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Underwritten Net Cash Flow ($)** | &nbsp;&nbsp;**Underwritten NOI DSCR (x)** | &nbsp;&nbsp;**Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Underwritten NOI Debt Yield (%)** | &nbsp;&nbsp;**Underwritten NCF Debt Yield (%)** | &nbsp;&nbsp;**Appraised Value ($)** | &nbsp;&nbsp;**Appraised Value Type** | &nbsp;&nbsp;**Appraisal Date** | &nbsp;&nbsp;**Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**LTV Ratio at Maturity / ARD (%)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;185040 |  |  |  |  | &nbsp;&nbsp;4855000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;320267 |  |  |  |  | &nbsp;&nbsp;3900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;249473 |  |  |  |  | &nbsp;&nbsp;3600000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;254164 |  |  |  |  | &nbsp;&nbsp;3550000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;(131698) |  |  |  |  | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/4/2025 |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;188860 |  |  |  |  | &nbsp;&nbsp;3310000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;141773 |  |  |  |  | &nbsp;&nbsp;3130000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;132506 |  |  |  |  | &nbsp;&nbsp;3160000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;176603 |  |  |  |  | &nbsp;&nbsp;3100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;229016 |  |  |  |  | &nbsp;&nbsp;3085000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;175138 |  |  |  |  | &nbsp;&nbsp;2940000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;155229 |  |  |  |  | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;173249 |  |  |  |  | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;105357 |  |  |  |  | &nbsp;&nbsp;3205000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;98613 |  |  |  |  | &nbsp;&nbsp;2585000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;93247 |  |  |  |  | &nbsp;&nbsp;2205000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;53052 |  |  |  |  | &nbsp;&nbsp;1195000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;53062 |  |  |  |  | &nbsp;&nbsp;1190000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;52115 |  |  |  |  | &nbsp;&nbsp;1040000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;39970 |  |  |  |  | &nbsp;&nbsp;1490000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/7/2025 |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;15722781 | &nbsp;&nbsp;5.16 | &nbsp;&nbsp;4.97 | &nbsp;&nbsp;28.9% | &nbsp;&nbsp;27.8% | &nbsp;&nbsp;185000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;30.5% | &nbsp;&nbsp;30.5% |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;5241031 | &nbsp;&nbsp;1.41 | &nbsp;&nbsp;1.40 | &nbsp;&nbsp;9.6% | &nbsp;&nbsp;9.5% | &nbsp;&nbsp;81300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;67.7% | &nbsp;&nbsp;67.7% |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;103696220 | &nbsp;&nbsp;2.73 | &nbsp;&nbsp;2.62 | &nbsp;&nbsp;15.0% | &nbsp;&nbsp;14.4% | &nbsp;&nbsp;1730000000 | &nbsp;&nbsp;As Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;41.5% | &nbsp;&nbsp;41.5% |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;27570772 |  |  |  |  | &nbsp;&nbsp;396000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;13967100 |  |  |  |  | &nbsp;&nbsp;197000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;9396969 |  |  |  |  | &nbsp;&nbsp;171000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/21/2025 |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;7699240 |  |  |  |  | &nbsp;&nbsp;151400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;8544110 |  |  |  |  | &nbsp;&nbsp;115400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/4/2025 |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;6107446 |  |  |  |  | &nbsp;&nbsp;103000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/4/2025 |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;5965521 |  |  |  |  | &nbsp;&nbsp;89500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/21/2025 |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;3905694 |  |  |  |  | &nbsp;&nbsp;80400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/4/2025 |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;3857860 |  |  |  |  | &nbsp;&nbsp;77800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/4/2025 |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;2771008 |  |  |  |  | &nbsp;&nbsp;77700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;4425316 |  |  |  |  | &nbsp;&nbsp;75100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;4594880 |  |  |  |  | &nbsp;&nbsp;63800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/21/2025 |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;1477543 |  |  |  |  | &nbsp;&nbsp;40800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;2291727 |  |  |  |  | &nbsp;&nbsp;34100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/27/2025 |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;1121035 |  |  |  |  | &nbsp;&nbsp;27400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/4/2025 |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;3247505 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;8.0% | &nbsp;&nbsp;8.0% | &nbsp;&nbsp;62500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;Various | &nbsp;&nbsp;64.8% | &nbsp;&nbsp;64.8% |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;1020285 |  |  |  |  | &nbsp;&nbsp;21900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/30/2025 |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;968617 |  |  |  |  | &nbsp;&nbsp;16400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/29/2025 |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;677937 |  |  |  |  | &nbsp;&nbsp;10700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/30/2025 |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;580666 |  |  |  |  | &nbsp;&nbsp;13500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/23/2025 |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;3187455 | &nbsp;&nbsp;1.37 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;9.1% | &nbsp;&nbsp;56800000 | &nbsp;&nbsp;As Portfolio | &nbsp;&nbsp;1/28/2025 | &nbsp;&nbsp;61.6% | &nbsp;&nbsp;61.6% |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;1070779 |  |  |  |  | &nbsp;&nbsp;17400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;1/28/2025 |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;769397 |  |  |  |  | &nbsp;&nbsp;14100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;1/28/2025 |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;705968 |  |  |  |  | &nbsp;&nbsp;11700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;1/28/2025 |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;371256 |  |  |  |  | &nbsp;&nbsp;6100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;1/28/2025 |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;270055 |  |  |  |  | &nbsp;&nbsp;5100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;1/28/2025 |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;6711854 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;7.6% | &nbsp;&nbsp;122300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;11/21/2024 | &nbsp;&nbsp;72.0% | &nbsp;&nbsp;72.0% |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;2356872 | &nbsp;&nbsp;1.53 | &nbsp;&nbsp;1.51 | &nbsp;&nbsp;10.9% | &nbsp;&nbsp;10.7% | &nbsp;&nbsp;32400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/21/2025 | &nbsp;&nbsp;67.9% | &nbsp;&nbsp;67.9% |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;1525118 | &nbsp;&nbsp;1.24 | &nbsp;&nbsp;1.21 | &nbsp;&nbsp;8.7% | &nbsp;&nbsp;8.5% | &nbsp;&nbsp;32500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;11/6/2024 | &nbsp;&nbsp;63.7% | &nbsp;&nbsp;63.7% |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;16966806 | &nbsp;&nbsp;2.24 | &nbsp;&nbsp;1.87 | &nbsp;&nbsp;15.6% | &nbsp;&nbsp;13.1% | &nbsp;&nbsp;243000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;1/31/2025 | &nbsp;&nbsp;53.5% | &nbsp;&nbsp;53.5% |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;4162599 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;8.6% | &nbsp;&nbsp;69500000 | &nbsp;&nbsp;As Stabilized | &nbsp;&nbsp;10/19/2025 | &nbsp;&nbsp;69.4% | &nbsp;&nbsp;69.4% |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;2285021 | &nbsp;&nbsp;2.00 | &nbsp;&nbsp;2.00 | &nbsp;&nbsp;12.3% | &nbsp;&nbsp;12.3% | &nbsp;&nbsp;37000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/17/2025 | &nbsp;&nbsp;50.4% | &nbsp;&nbsp;50.4% |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;2294307 | &nbsp;&nbsp;2.62 | &nbsp;&nbsp;2.39 | &nbsp;&nbsp;14.0% | &nbsp;&nbsp;12.7% | &nbsp;&nbsp;35200000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;Various | &nbsp;&nbsp;51.1% | &nbsp;&nbsp;51.1% |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Underwritten Net Cash Flow ($)** | &nbsp;&nbsp;**Underwritten NOI DSCR (x)** | &nbsp;&nbsp;**Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Underwritten NOI Debt Yield (%)** | &nbsp;&nbsp;**Underwritten NCF Debt Yield (%)** | &nbsp;&nbsp;**Appraised Value ($)** | &nbsp;&nbsp;**Appraised Value Type** | &nbsp;&nbsp;**Appraisal Date** | &nbsp;&nbsp;**Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**LTV Ratio at Maturity / ARD (%)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;912893 |  |  |  |  | &nbsp;&nbsp;14900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/10/2025 |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;735848 |  |  |  |  | &nbsp;&nbsp;13300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/10/2025 |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;645565 |  |  |  |  | &nbsp;&nbsp;7000000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/8/2025 |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;1378823 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;27300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/15/2025 | &nbsp;&nbsp;65.9% | &nbsp;&nbsp;65.9% |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;2201778 | &nbsp;&nbsp;1.77 | &nbsp;&nbsp;1.60 | &nbsp;&nbsp;14.2% | &nbsp;&nbsp;12.8% | &nbsp;&nbsp;27500000 | &nbsp;&nbsp;As Is (Extraordinary<br> Assumption) | &nbsp;&nbsp;3/26/2025 | &nbsp;&nbsp;62.7% | &nbsp;&nbsp;62.7% |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;1995132 | &nbsp;&nbsp;1.69 | &nbsp;&nbsp;1.56 | &nbsp;&nbsp;12.9% | &nbsp;&nbsp;11.9% | &nbsp;&nbsp;26900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;10/3/2024 | &nbsp;&nbsp;62.1% | &nbsp;&nbsp;62.1% |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;1087338 | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.4% | &nbsp;&nbsp;8.4% | &nbsp;&nbsp;21300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/21/2025 | &nbsp;&nbsp;61.0% | &nbsp;&nbsp;61.0% |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;7084024 | &nbsp;&nbsp;1.71 | &nbsp;&nbsp;1.63 | &nbsp;&nbsp;13.6% | &nbsp;&nbsp;12.9% | &nbsp;&nbsp;83800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;2/6/2025 | &nbsp;&nbsp;65.5% | &nbsp;&nbsp;62.1% |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;950349 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;1.36 | &nbsp;&nbsp;9.1% | &nbsp;&nbsp;9.0% | &nbsp;&nbsp;19100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/1/2025 | &nbsp;&nbsp;55.5% | &nbsp;&nbsp;55.5% |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;1156254 | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;1.61 | &nbsp;&nbsp;12.1% | &nbsp;&nbsp;11.2% | &nbsp;&nbsp;19900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/1/2025 | &nbsp;&nbsp;51.8% | &nbsp;&nbsp;51.8% |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;14872540 | &nbsp;&nbsp;1.84 | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;13.8% | &nbsp;&nbsp;12.9% | &nbsp;&nbsp;191900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;12/23/2024 | &nbsp;&nbsp;59.9% | &nbsp;&nbsp;59.9% |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;7924853 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;8.5% | &nbsp;&nbsp;144200000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/9/2025 | &nbsp;&nbsp;64.5% | &nbsp;&nbsp;64.5% |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;852757 | &nbsp;&nbsp;1.37 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;9.0% | &nbsp;&nbsp;8.5% | &nbsp;&nbsp;17700000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/28/2025 | &nbsp;&nbsp;56.5% | &nbsp;&nbsp;56.5% |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;1000814 | &nbsp;&nbsp;1.42 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;10.3% | &nbsp;&nbsp;10.0% | &nbsp;&nbsp;14400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;4/9/2025 | &nbsp;&nbsp;69.4% | &nbsp;&nbsp;69.4% |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;7103437 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;9.8% | &nbsp;&nbsp;9.5% | &nbsp;&nbsp;111400000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/18/2025 | &nbsp;&nbsp;67.3% | &nbsp;&nbsp;67.3% |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;785729 | &nbsp;&nbsp;1.40 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;9.2% | &nbsp;&nbsp;9.0% | &nbsp;&nbsp;13900000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;62.6% | &nbsp;&nbsp;62.6% |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;790876 | &nbsp;&nbsp;1.43 | &nbsp;&nbsp;1.40 | &nbsp;&nbsp;9.5% | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;12500000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/7/2025 | &nbsp;&nbsp;68.0% | &nbsp;&nbsp;68.0% |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;1394138 | &nbsp;&nbsp;2.64 | &nbsp;&nbsp;2.37 | &nbsp;&nbsp;18.5% | &nbsp;&nbsp;16.6% | &nbsp;&nbsp;19600000 | &nbsp;&nbsp;As Is (Extraordinary<br> Assumption) | &nbsp;&nbsp;4/29/2025 | &nbsp;&nbsp;42.9% | &nbsp;&nbsp;42.9% |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;694775 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;1.37 | &nbsp;&nbsp;10.4% | &nbsp;&nbsp;9.7% | &nbsp;&nbsp;10450000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;5/23/2025 | &nbsp;&nbsp;68.3% | &nbsp;&nbsp;68.3% |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;570813 | &nbsp;&nbsp;1.42 | &nbsp;&nbsp;1.42 | &nbsp;&nbsp;10.1% | &nbsp;&nbsp;10.1% | &nbsp;&nbsp;9550000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;Various | &nbsp;&nbsp;59.2% | &nbsp;&nbsp;59.2% |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;381890 |  |  |  |  | &nbsp;&nbsp;6300000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/10/2025 |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;109986 |  |  |  |  | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/14/2025 |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;78936 |  |  |  |  | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/12/2025 |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;398945 | &nbsp;&nbsp;1.39 | &nbsp;&nbsp;1.39 | &nbsp;&nbsp;9.7% | &nbsp;&nbsp;9.7% | &nbsp;&nbsp;7100000 | &nbsp;&nbsp;As Is | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;57.7% | &nbsp;&nbsp;57.7% |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Leased Occupancy (%)** | &nbsp;&nbsp;**Occupancy Date** | &nbsp;&nbsp;**Single Tenant (Y/N)** | &nbsp;&nbsp;**Largest Tenant** | &nbsp;&nbsp;**Largest Tenant SF** | &nbsp;&nbsp;**Largest Tenant % of NRA** | &nbsp;&nbsp;**Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Second Largest Tenant** |
|  |  |  |  |  | &nbsp;&nbsp;**5** |  |  |  |  |  | &nbsp;&nbsp;**6** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;82.9% |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Exel Inc. | &nbsp;&nbsp;945023 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Board of Water Supply, City and County of Honolulu | &nbsp;&nbsp;10800 | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;3/31/2026 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Mercedes Benz US International, Inc. | &nbsp;&nbsp;529568 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;11/30/2031 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Hellmann Worldwide Logistics Inc. | &nbsp;&nbsp;240283 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;ODW Logistics, Inc. | &nbsp;&nbsp;759950 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2026 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Shurtape Technologies, LLC | &nbsp;&nbsp;644850 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2031 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;265318 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2033 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;B Braun Melsungen Aktiengesellschaft | &nbsp;&nbsp;399440 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2033 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;237756 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2032 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Science Applications International Corporation | &nbsp;&nbsp;302400 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2031 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Trex Company, Inc. | &nbsp;&nbsp;337500 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2035 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;General Mills Operations, LLC | &nbsp;&nbsp;158497 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;304859 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Packaging Corp of America | &nbsp;&nbsp;393971 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2035 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Par Hawaii Refining, LLC | &nbsp;&nbsp;910491 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Western Container Corporation | &nbsp;&nbsp;288045 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;225198 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2031 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;148881 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;144199 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;TPI Iowa, LLC | &nbsp;&nbsp;337960 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2033 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Amesbury Truth | &nbsp;&nbsp;167171 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2037 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Fileminders of Hawaii, LLC | &nbsp;&nbsp;85317 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;121683 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2032 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. | &nbsp;&nbsp;125060 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2033 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;144138 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refresco Beverages US Inc. | &nbsp;&nbsp;231350 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;97187 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;3D Systems, Inc. | &nbsp;&nbsp;200978 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;131152 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;158340 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Brinkley RV | &nbsp;&nbsp;250000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Owens Corning Insulating Systems, LLC | &nbsp;&nbsp;354000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. | &nbsp;&nbsp;125000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2033 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. | &nbsp;&nbsp;222000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;110621 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;11/30/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;69734 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2035 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refresco Beverages US Inc. | &nbsp;&nbsp;190000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. | &nbsp;&nbsp;125147 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2034 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Amazon.com, Inc. | &nbsp;&nbsp;91776 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;87.9% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;GSA - Animal and Plant Health Inspection Services (GS-09B-02288) | &nbsp;&nbsp;12300 | &nbsp;&nbsp;25.7% | &nbsp;&nbsp;9/29/2028 | &nbsp;&nbsp;Upright Fencing Hawaii LLC |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Verst Group Logistics, Inc. | &nbsp;&nbsp;189400 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. | &nbsp;&nbsp;125060 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;The Kelleher Corporation | &nbsp;&nbsp;24000 | &nbsp;&nbsp;53.3% | &nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;Strategic Building Products Hawaii, LLC |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Challenger Lifts, Inc. | &nbsp;&nbsp;137500 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/7/2026 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;59281 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Bunzl | &nbsp;&nbsp;110361 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;69865 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;National Industrial Tire of Hawaii Inc. | &nbsp;&nbsp;216537 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2034 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;95883 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Simonpietri Enterprises | &nbsp;&nbsp;213575 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;54199 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;89115 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Central National Gottesman | &nbsp;&nbsp;113753 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;88890 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2026 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Phoenix V LLC | &nbsp;&nbsp;249773 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2042 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;64211 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Discount Auto Parts | &nbsp;&nbsp;158036 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Joseph T. Ryerson and Son, Inc. | &nbsp;&nbsp;89123 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;75262 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;33394 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2026 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Mendocino Forest Products Company LLC | &nbsp;&nbsp;107288 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;11/30/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Clean Harbors Environmental Services,Inc. | &nbsp;&nbsp;23040 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2032 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Lenox Metals, LLC | &nbsp;&nbsp;121750 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/29/2040 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;HPM Building Supply | &nbsp;&nbsp;28320 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2039 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;66692 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Energetic Construction, LLC | &nbsp;&nbsp;91758 | &nbsp;&nbsp;70.2% | &nbsp;&nbsp;12/31/2027 | &nbsp;&nbsp;J&M Blasting and Painting, Inc. |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Specialty Cable Corporation | &nbsp;&nbsp;62390 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2034 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Kila Construction, Inc. | &nbsp;&nbsp;98707 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2033 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Confluence Corporation | &nbsp;&nbsp;35752 | &nbsp;&nbsp;42.6% | &nbsp;&nbsp;4/30/2027 | &nbsp;&nbsp;IG Steel LLC |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;V.A. Leasing Corporation | &nbsp;&nbsp;37002 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2032 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Airgas USA, LLC | &nbsp;&nbsp;98707 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2034 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;The American Bottling Company | &nbsp;&nbsp;40410 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Bomat Holding Company, Inc. | &nbsp;&nbsp;95745 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2038 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Mira Image Construction | &nbsp;&nbsp;52316 | &nbsp;&nbsp;55.0% | &nbsp;&nbsp;8/31/2028 | &nbsp;&nbsp;Cornerstone Construction Material, LLC |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Sunbelt Rentals, Inc. | &nbsp;&nbsp;95095 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2037 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;43824 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;VRC Companies, LLC | &nbsp;&nbsp;70293 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2032 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Pacific Allied Products, Ltd. | &nbsp;&nbsp;98707 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2031 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;24310 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2026 | &nbsp;&nbsp;NAP |

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**Benchmark 2025-V16**

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| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Leased Occupancy (%)** | &nbsp;&nbsp;**Occupancy Date** | &nbsp;&nbsp;**Single Tenant (Y/N)** | &nbsp;&nbsp;**Largest Tenant** | &nbsp;&nbsp;**Largest Tenant SF** | &nbsp;&nbsp;**Largest Tenant % of NRA** | &nbsp;&nbsp;**Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Second Largest Tenant** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;McClone Construction | &nbsp;&nbsp;106504 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;BE Aerospace, Inc. | &nbsp;&nbsp;38833 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Sunbelt Rentals, Inc. | &nbsp;&nbsp;16610 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2037 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Heartland Coca-Cola Bottling Company, LLC | &nbsp;&nbsp;40000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2026 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Michael Joseph Signaigo and Alicia Maria Signaigo | &nbsp;&nbsp;54362 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2039 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Michael Joseph Signaigo and Alicia Maria Signaigo | &nbsp;&nbsp;40902 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2039 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;ACA Services, Inc. | &nbsp;&nbsp;47350 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;21662 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Robert's Hawaii, Inc | &nbsp;&nbsp;97923 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;25398 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;91.4% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Kainoa J. Ahsing | &nbsp;&nbsp;46067 | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp;New Cingular Wireless PCS, LLC |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx | &nbsp;&nbsp;38360 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Kila Construction, Inc. | &nbsp;&nbsp;43473 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2045 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Bomat Holding Company, Inc. | &nbsp;&nbsp;47872 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2038 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Doc Bailey Cranes & Equipment of Hawaii, Inc. | &nbsp;&nbsp;47916 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2031 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Specialty Surfacing Company, Hawaii, Inc. | &nbsp;&nbsp;22041 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2039 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Windward Moving and Storage Company Inc. | &nbsp;&nbsp;23914 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2030 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;CPH, LLC | &nbsp;&nbsp;20778 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;CPH, LLC | &nbsp;&nbsp;26746 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;84.3% | &nbsp;&nbsp;3/25/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Ernst & Young U.S. LLP | &nbsp;&nbsp;26939 | &nbsp;&nbsp;10.2% | &nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;Basis Global Technologies Inc |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/8/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;TJ Maxx | &nbsp;&nbsp;35750 | &nbsp;&nbsp;37.2% | &nbsp;&nbsp;1/31/2036 | &nbsp;&nbsp;Guastavino's |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;93.0% |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;92.2% | &nbsp;&nbsp;2/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Williams & Connolly LLP | &nbsp;&nbsp;313485 | &nbsp;&nbsp;62.6% | &nbsp;&nbsp;10/31/2038 | &nbsp;&nbsp;PhRMA |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;95.2% | &nbsp;&nbsp;2/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Washington Gas Light Company | &nbsp;&nbsp;70056 | &nbsp;&nbsp;28.1% | &nbsp;&nbsp;10/31/2034 | &nbsp;&nbsp;Fish & Richardson, P.C. |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;84.4% | &nbsp;&nbsp;2/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Jessie Taylor Seafood | &nbsp;&nbsp;17060 | &nbsp;&nbsp;7.9% | &nbsp;&nbsp;2/28/2033 | &nbsp;&nbsp;Del Mar da Fabio Trabocchi |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;92.0% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;79.8% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;98.1% | &nbsp;&nbsp;2/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Limani | &nbsp;&nbsp;15348 | &nbsp;&nbsp;16.8% | &nbsp;&nbsp;8/31/2033 | &nbsp;&nbsp;Gordon Ramsay Hell's Kitchen |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;78.5% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;87.5% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Cornerstone Gov Affairs Inc. | &nbsp;&nbsp;49630 | &nbsp;&nbsp;33.2% | &nbsp;&nbsp;10/31/2036 | &nbsp;&nbsp;Regus |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/11/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Anthem | &nbsp;&nbsp;140230 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/29/2037 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;92.6% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;63.6% | &nbsp;&nbsp;2/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Hornblower Cruises and Events, LLC | &nbsp;&nbsp;11675 | &nbsp;&nbsp;41.1% | &nbsp;&nbsp;5/31/2033 | &nbsp;&nbsp;OTJ Architects, Inc. |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;88.9% |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;82.1% | &nbsp;&nbsp;6/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;94.7% | &nbsp;&nbsp;6/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;97.5% | &nbsp;&nbsp;6/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;84.2% | &nbsp;&nbsp;6/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;98.0% |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;97.1% | &nbsp;&nbsp;3/19/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;97.6% | &nbsp;&nbsp;3/19/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/19/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;97.7% | &nbsp;&nbsp;3/19/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/19/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;95.6% | &nbsp;&nbsp;3/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;86.4% | &nbsp;&nbsp;7/8/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Orinda Theatre | &nbsp;&nbsp;14290 | &nbsp;&nbsp;15.7% | &nbsp;&nbsp;11/30/2027 | &nbsp;&nbsp;Law Offices of Gillin, Jacobson, Ellis, Larsen & Lucey |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;94.0% | &nbsp;&nbsp;6/4/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;70.2% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;98.5% | &nbsp;&nbsp;6/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Crunch | &nbsp;&nbsp;35000 | &nbsp;&nbsp;16.7% | &nbsp;&nbsp;10/31/2034 | &nbsp;&nbsp;Burlington |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Eataly | &nbsp;&nbsp;18420 | &nbsp;&nbsp;52.3% | &nbsp;&nbsp;11/30/2038 | &nbsp;&nbsp;Moncler |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;90.4% |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Leased Occupancy (%)** | &nbsp;&nbsp;**Occupancy Date** | &nbsp;&nbsp;**Single Tenant (Y/N)** | &nbsp;&nbsp;**Largest Tenant** | &nbsp;&nbsp;**Largest Tenant SF** | &nbsp;&nbsp;**Largest Tenant % of NRA** | &nbsp;&nbsp;**Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Second Largest Tenant** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;85.8% | &nbsp;&nbsp;6/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;State of Nevada | &nbsp;&nbsp;21774 | &nbsp;&nbsp;14.6% | &nbsp;&nbsp;12/31/2034 | &nbsp;&nbsp;Dermodality Skin Solutions LLC |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;T-Mobile West LLC | &nbsp;&nbsp;22649 | &nbsp;&nbsp;43.6% | &nbsp;&nbsp;2/29/2028 | &nbsp;&nbsp;Fatal LLC |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;92.8% | &nbsp;&nbsp;6/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Team Unstoppable, LLC | &nbsp;&nbsp;11183 | &nbsp;&nbsp;13.7% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;K & C Enterprise Of GA LLC |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/4/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;77.2% | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;93.3% | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;State of California - State Lands Commission | &nbsp;&nbsp;47461 | &nbsp;&nbsp;36.9% | &nbsp;&nbsp;7/31/2032 | &nbsp;&nbsp;Snowline Hospice of El Dorado County, Inc. |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;87.3% | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;96.3% | &nbsp;&nbsp;3/12/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Benjamin F. Edwards & Co. Inc. | &nbsp;&nbsp;47844 | &nbsp;&nbsp;17.2% | &nbsp;&nbsp;1/31/2033 | &nbsp;&nbsp;Moneta Group, LLC |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;89.2% | &nbsp;&nbsp;4/29/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;93.2% | &nbsp;&nbsp;4/15/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;New Classic Restoration, LLC | &nbsp;&nbsp;8594 | &nbsp;&nbsp;6.3% | &nbsp;&nbsp;MTM | &nbsp;&nbsp;Yonkers Arts Inc. |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;92.0% | &nbsp;&nbsp;1/13/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Indeed | &nbsp;&nbsp;124180 | &nbsp;&nbsp;22.3% | &nbsp;&nbsp;1/31/2036 | &nbsp;&nbsp;Deloitte |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;78.1% | &nbsp;&nbsp;6/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Detroit Manufacturing Systems, LLC | &nbsp;&nbsp;727535 | &nbsp;&nbsp;50.5% | &nbsp;&nbsp;9/30/2027 | &nbsp;&nbsp;Tiberina Detroit, Inc. |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/14/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;AP Impala Management LLC | &nbsp;&nbsp;11938 | &nbsp;&nbsp;44.3% | &nbsp;&nbsp;2/29/2036 | &nbsp;&nbsp;Manhattan Schoolhouse |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/4/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Clean Egg Co. LLC | &nbsp;&nbsp;61448 | &nbsp;&nbsp;47.1% | &nbsp;&nbsp;11/30/2030 | &nbsp;&nbsp;Zodega Landscape Services LLC |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;99.9% | &nbsp;&nbsp;4/21/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Hoopla | &nbsp;&nbsp;24032 | &nbsp;&nbsp;16.2% | &nbsp;&nbsp;6/14/2029 | &nbsp;&nbsp;ODA Health |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;78.7% | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;97.4% | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;77.4% | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;92.7% | &nbsp;&nbsp;5/29/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;78.8% |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;86.4% | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;68.1% | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/25/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Goop | &nbsp;&nbsp;2170 | &nbsp;&nbsp;75.0% | &nbsp;&nbsp;1/31/2029 | &nbsp;&nbsp;Leap |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Second Largest Tenant SF** | &nbsp;&nbsp;**Second Largest Tenant % of NRA** | &nbsp;&nbsp;**Second Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Third Largest Tenant** | &nbsp;&nbsp;**Third Largest Tenant SF** | &nbsp;&nbsp;**Third Largest Tenant % of NRA** | &nbsp;&nbsp;**Third Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Fourth Largest Tenant** |
|  |  |  |  |  |  |  | &nbsp;&nbsp;**6** |  |  |  | &nbsp;&nbsp;**6** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;7500 | &nbsp;&nbsp;15.7% | &nbsp;&nbsp;12/31/2026 | &nbsp;&nbsp;The True Vine | &nbsp;&nbsp;5400 | &nbsp;&nbsp;11.3% | &nbsp;&nbsp;MTM | &nbsp;&nbsp;Price Enterprises, Inc. |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;21000 | &nbsp;&nbsp;46.7% | &nbsp;&nbsp;7/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;38921 | &nbsp;&nbsp;29.8% | &nbsp;&nbsp;10/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;22726 | &nbsp;&nbsp;27.1% | &nbsp;&nbsp;12/31/2028 | &nbsp;&nbsp;Surecan LLC | &nbsp;&nbsp;16770 | &nbsp;&nbsp;20.0% | &nbsp;&nbsp;1/8/2029 | &nbsp;&nbsp;RD's Welding & Repair LLC |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;42779 | &nbsp;&nbsp;45.0% | &nbsp;&nbsp;3/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Second Largest Tenant SF** | &nbsp;&nbsp;**Second Largest Tenant % of NRA** | &nbsp;&nbsp;**Second Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Third Largest Tenant** | &nbsp;&nbsp;**Third Largest Tenant SF** | &nbsp;&nbsp;**Third Largest Tenant % of NRA** | &nbsp;&nbsp;**Third Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Fourth Largest Tenant** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;7057 | &nbsp;&nbsp;12.1% | &nbsp;&nbsp;6/30/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;26234 | &nbsp;&nbsp;9.9% | &nbsp;&nbsp;11/30/2025 | &nbsp;&nbsp;Capital One N.A. | &nbsp;&nbsp;17525 | &nbsp;&nbsp;6.6% | &nbsp;&nbsp;10/31/2030 | &nbsp;&nbsp;Union Square Hospitality Group |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;26818 | &nbsp;&nbsp;27.9% | &nbsp;&nbsp;2/28/2037 | &nbsp;&nbsp;Trader Joe's | &nbsp;&nbsp;22894 | &nbsp;&nbsp;23.8% | &nbsp;&nbsp;3/31/2037 | &nbsp;&nbsp;JOCO |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;76470 | &nbsp;&nbsp;15.3% | &nbsp;&nbsp;7/31/2041 | &nbsp;&nbsp;Kelley Drye & Warren LLP | &nbsp;&nbsp;65308 | &nbsp;&nbsp;13.0% | &nbsp;&nbsp;8/31/2042 | &nbsp;&nbsp;Takeda Pharmaceuticals USA |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;49801 | &nbsp;&nbsp;20.0% | &nbsp;&nbsp;4/30/2034 | &nbsp;&nbsp;Business Round Table | &nbsp;&nbsp;44724 | &nbsp;&nbsp;17.9% | &nbsp;&nbsp;7/31/2039 | &nbsp;&nbsp;Michael Best & Friedrich LLP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;12964 | &nbsp;&nbsp;6.0% | &nbsp;&nbsp;10/31/2032 | &nbsp;&nbsp;Officina | &nbsp;&nbsp;12711 | &nbsp;&nbsp;5.9% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;La Vie |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;14802 | &nbsp;&nbsp;16.2% | &nbsp;&nbsp;10/31/2032 | &nbsp;&nbsp;The Goddard School | &nbsp;&nbsp;8772 | &nbsp;&nbsp;9.6% | &nbsp;&nbsp;2/28/2034 | &nbsp;&nbsp;Fogo de Chao |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;43880 | &nbsp;&nbsp;29.3% | &nbsp;&nbsp;3/31/2031 | &nbsp;&nbsp;Media Matters for America | &nbsp;&nbsp;31820 | &nbsp;&nbsp;21.3% | &nbsp;&nbsp;5/31/2032 | &nbsp;&nbsp;Van Scoyoc Associates Inc |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;6405 | &nbsp;&nbsp;22.5% | &nbsp;&nbsp;4/30/2034 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;11569 | &nbsp;&nbsp;12.7% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;8902 | &nbsp;&nbsp;9.8% | &nbsp;&nbsp;12/31/2028 | &nbsp;&nbsp;Anytime Fitness |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;25000 | &nbsp;&nbsp;12.0% | &nbsp;&nbsp;2/28/2035 | &nbsp;&nbsp;TJ Maxx | &nbsp;&nbsp;24000 | &nbsp;&nbsp;11.5% | &nbsp;&nbsp;5/31/2034 | &nbsp;&nbsp;Sprouts |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;16780 | &nbsp;&nbsp;47.7% | &nbsp;&nbsp;10/31/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Second Largest Tenant SF** | &nbsp;&nbsp;**Second Largest Tenant % of NRA** | &nbsp;&nbsp;**Second Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Third Largest Tenant** | &nbsp;&nbsp;**Third Largest Tenant SF** | &nbsp;&nbsp;**Third Largest Tenant % of NRA** | &nbsp;&nbsp;**Third Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Fourth Largest Tenant** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;11544 | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;8/31/2028 | &nbsp;&nbsp;Managed Business Services, Inc. | &nbsp;&nbsp;8304 | &nbsp;&nbsp;5.6% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;Nevada Health Centers, Inc. |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;20724 | &nbsp;&nbsp;39.9% | &nbsp;&nbsp;1/31/2030 | &nbsp;&nbsp;SPMY Enterprises | &nbsp;&nbsp;8528 | &nbsp;&nbsp;16.4% | &nbsp;&nbsp;3/31/2029 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;9373 | &nbsp;&nbsp;11.5% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;Coulter & Sierra, LLC | &nbsp;&nbsp;7238 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;3/31/2030 | &nbsp;&nbsp;Gonzalez Cabrera-Torres, LLC |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;11307 | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp; West Yost & Associates, Inc. | &nbsp;&nbsp;7969 | &nbsp;&nbsp;6.2% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp; California Maternal Fetal Medicine, Inc. |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;47140 | &nbsp;&nbsp;17.0% | &nbsp;&nbsp;11/30/2034 | &nbsp;&nbsp;Spencer Fane LLP | &nbsp;&nbsp;39250 | &nbsp;&nbsp;14.1% | &nbsp;&nbsp;11/30/2034 | &nbsp;&nbsp;Belden Inc |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;8280 | &nbsp;&nbsp;6.0% | &nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;Magic Novelty Co. Inc. | &nbsp;&nbsp;7784 | &nbsp;&nbsp;5.7% | &nbsp;&nbsp;3/31/2028 | &nbsp;&nbsp;First HC Yonkers, LLC |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;109196 | &nbsp;&nbsp;19.6% | &nbsp;&nbsp;10/31/2029 | &nbsp;&nbsp;Henkel | &nbsp;&nbsp;103587 | &nbsp;&nbsp;18.6% | &nbsp;&nbsp;6/30/2034 | &nbsp;&nbsp;Diageo |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;200000 | &nbsp;&nbsp;13.9% | &nbsp;&nbsp;12/31/2033 | &nbsp;&nbsp;Quaker Houghton PA, Inc. | &nbsp;&nbsp;117700 | &nbsp;&nbsp;8.2% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;General Services Administration - IRS |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;7689 | &nbsp;&nbsp;28.5% | &nbsp;&nbsp;3/31/2033 | &nbsp;&nbsp;Classic New York Residences (RFR Affiliate) | &nbsp;&nbsp;4500 | &nbsp;&nbsp;16.7% | &nbsp;&nbsp;6/22/2035 | &nbsp;&nbsp;MDD Realty Corp. |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;21250 | &nbsp;&nbsp;16.3% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;Blanco Electric LTD. Co. | &nbsp;&nbsp;10250 | &nbsp;&nbsp;7.9% | &nbsp;&nbsp;11/30/2025 | &nbsp;&nbsp;TF Administration, LLC |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;23984 | &nbsp;&nbsp;16.2% | &nbsp;&nbsp;12/31/2032 | &nbsp;&nbsp;RE Tax Services | &nbsp;&nbsp;7978 | &nbsp;&nbsp;5.4% | &nbsp;&nbsp;12/31/2034 | &nbsp;&nbsp;Golden Gate Management/Public Valuations |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;725 | &nbsp;&nbsp;25.0% | &nbsp;&nbsp;12/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Fourth Largest Tenant SF** | &nbsp;&nbsp;**Fourth Largest Tenant % of NRA** | &nbsp;&nbsp;**Fourth Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Fifth Largest Tenant** | &nbsp;&nbsp;**Fifth Largest Tenant SF** | &nbsp;&nbsp;**Fifth Largest Tenant % of NRA** | &nbsp;&nbsp;**Fifth Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Environmental Phase I Report Date** | &nbsp;&nbsp;**Environmental Phase II Report Date** |
|  |  |  |  |  |  |  | &nbsp;&nbsp;**6** |  |  |  | &nbsp;&nbsp;**6** |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/16/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/16/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/23/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/11/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;4200 | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;8/31/2026 | &nbsp;&nbsp;Foundations Hawaii, Inc. | &nbsp;&nbsp;4200 | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;5/31/2027 | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/16/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/15/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/23/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/23/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/23/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;8660 | &nbsp;&nbsp;10.3% | &nbsp;&nbsp;12/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/23/2025 | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Fourth Largest Tenant SF** | &nbsp;&nbsp;**Fourth Largest Tenant % of NRA** | &nbsp;&nbsp;**Fourth Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Fifth Largest Tenant** | &nbsp;&nbsp;**Fifth Largest Tenant SF** | &nbsp;&nbsp;**Fifth Largest Tenant % of NRA** | &nbsp;&nbsp;**Fifth Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Environmental Phase I Report Date** | &nbsp;&nbsp;**Environmental Phase II Report Date** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/19/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;15126 | &nbsp;&nbsp;5.7% | &nbsp;&nbsp;3/31/2030 | &nbsp;&nbsp;Human Security Inc. | &nbsp;&nbsp;13809 | &nbsp;&nbsp;5.2% | &nbsp;&nbsp;5/31/2031 | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;10566 | &nbsp;&nbsp;11.0% | &nbsp;&nbsp;4/30/2049 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/8/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;6461 | &nbsp;&nbsp;1.3% | &nbsp;&nbsp;10/31/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;30404 | &nbsp;&nbsp;12.2% | &nbsp;&nbsp;10/31/2035 | &nbsp;&nbsp;Cisco Systems, Inc. | &nbsp;&nbsp;25134 | &nbsp;&nbsp;10.1% | &nbsp;&nbsp;7/31/2036 | &nbsp;&nbsp;9/12/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;9800 | &nbsp;&nbsp;4.5% | &nbsp;&nbsp;10/31/2032 | &nbsp;&nbsp;CVS | &nbsp;&nbsp;9040 | &nbsp;&nbsp;4.2% | &nbsp;&nbsp;1/31/2038 | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/12/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/12/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;7500 | &nbsp;&nbsp;8.2% | &nbsp;&nbsp;11/30/2034 | &nbsp;&nbsp;Philippe | &nbsp;&nbsp;7373 | &nbsp;&nbsp;8.1% | &nbsp;&nbsp;3/31/2038 | &nbsp;&nbsp;9/12/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;20932 | &nbsp;&nbsp;14.0% | &nbsp;&nbsp;4/30/2028 | &nbsp;&nbsp;BAE Systems, Inc | &nbsp;&nbsp;3253 | &nbsp;&nbsp;2.2% | &nbsp;&nbsp;7/31/2031 | &nbsp;&nbsp;9/12/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/11/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/4/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;11/19/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;5200 | &nbsp;&nbsp;5.7% | &nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;Wells Fargo Advisors, LLC | &nbsp;&nbsp;3886 | &nbsp;&nbsp;4.3% | &nbsp;&nbsp;5/31/2028 | &nbsp;&nbsp;5/28/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/21/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2/13/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;23256 | &nbsp;&nbsp;11.1% | &nbsp;&nbsp;4/30/2040 | &nbsp;&nbsp;Ross | &nbsp;&nbsp;22000 | &nbsp;&nbsp;10.5% | &nbsp;&nbsp;1/31/2036 | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio |  |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Fourth Largest Tenant SF** | &nbsp;&nbsp;**Fourth Largest Tenant % of NRA** | &nbsp;&nbsp;**Fourth Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Fifth Largest Tenant** | &nbsp;&nbsp;**Fifth Largest Tenant SF** | &nbsp;&nbsp;**Fifth Largest Tenant % of NRA** | &nbsp;&nbsp;**Fifth Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Environmental Phase I Report Date** | &nbsp;&nbsp;**Environmental Phase II Report Date** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;5667 | &nbsp;&nbsp;3.8% | &nbsp;&nbsp;4/30/2028 | &nbsp;&nbsp;Girisgen & Kopolow O.D.P.C. | &nbsp;&nbsp;5016 | &nbsp;&nbsp;3.4% | &nbsp;&nbsp;10/31/2026 | &nbsp;&nbsp;4/28/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/28/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;4321 | &nbsp;&nbsp;5.3% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;XIE Law Offices, LLC | &nbsp;&nbsp;3800 | &nbsp;&nbsp;4.7% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;4/28/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;6380 | &nbsp;&nbsp;5.0% | &nbsp;&nbsp;1/31/2034 | &nbsp;&nbsp;Pacific Coast Psychiatric Associates Inc. | &nbsp;&nbsp;4931 | &nbsp;&nbsp;3.8% | &nbsp;&nbsp;2/28/2027 | &nbsp;&nbsp;11/19/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/7/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;21813 | &nbsp;&nbsp;7.8% | &nbsp;&nbsp;8/31/2034 | &nbsp;&nbsp;Viner Finance, Inc. (Oppenheimer) | &nbsp;&nbsp;19716 | &nbsp;&nbsp;7.1% | &nbsp;&nbsp;4/30/2028 | &nbsp;&nbsp;2/13/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/3/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;7543 | &nbsp;&nbsp;5.5% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;George Michael Garrity and Vince Martin Garrity | &nbsp;&nbsp;6727 | &nbsp;&nbsp;4.9% | &nbsp;&nbsp;3/31/2027 | &nbsp;&nbsp;4/15/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;57551 | &nbsp;&nbsp;10.3% | &nbsp;&nbsp;10/31/2032 | &nbsp;&nbsp;Webster Bank | &nbsp;&nbsp;45979 | &nbsp;&nbsp;8.2% | &nbsp;&nbsp;3/31/2034 | &nbsp;&nbsp;12/30/2024 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;80556 | &nbsp;&nbsp;5.6% | &nbsp;&nbsp;4/30/2038 | &nbsp;&nbsp;Parsec, Inc. | &nbsp;&nbsp;1 | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;11/30/2026 | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;2835 | &nbsp;&nbsp;10.5% | &nbsp;&nbsp;8/31/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/12/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;10000 | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;Heights House Hotel | &nbsp;&nbsp;8750 | &nbsp;&nbsp;6.7% | &nbsp;&nbsp;6/30/2026 | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;6541 | &nbsp;&nbsp;4.4% | &nbsp;&nbsp;12/31/2034 | &nbsp;&nbsp;Princess Boutique / LA Pume | &nbsp;&nbsp;6265 | &nbsp;&nbsp;4.2% | &nbsp;&nbsp;10/31/2038 | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/21/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/15/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/28/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/10/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/12/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/14/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Engineering Report Date** | &nbsp;&nbsp;**Seismic Report Date** | &nbsp;&nbsp;**PML or SEL (%)** | &nbsp;&nbsp;**Flood Zone** | &nbsp;&nbsp;**Ground Lease Expiration Date** | &nbsp;&nbsp;**Ground Lease Extension Terms** | &nbsp;&nbsp;**Annual Ground Lease Payment as of the Cut-off Date ($)** | &nbsp;&nbsp;**Annual Ground Rent Increases (Y/N)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;4/14/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;7% | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;4/21/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;4/14/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;7% | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;4/14/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;7% | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AH &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AH &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Engineering Report Date** | &nbsp;&nbsp;**Seismic Report Date** | &nbsp;&nbsp;**PML or SEL (%)** | &nbsp;&nbsp;**Flood Zone** | &nbsp;&nbsp;**Ownership Interest** | &nbsp;&nbsp;**Ground Lease Expiration Date** | &nbsp;&nbsp;**Ground Lease Extension Terms** | &nbsp;&nbsp;**Annual Ground Lease Payment as of the Cut-off Date ($)** | &nbsp;&nbsp;**Annual Ground Rent Increases (Y/N)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;4/14/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;9/30/2027 | &nbsp;&nbsp;8, 5-year options and 1, 1-year option | &nbsp;&nbsp;30205 | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;4/16/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;5/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;4/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;4/8/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;6/29/2097 |  | &nbsp;&nbsp;763920 | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/23/2064; 4/24/2113 | &nbsp;&nbsp;One, 49-year extension option | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;9/25/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;9/23/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;9/17/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;9/23/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;9/25/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;9/10/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;9/9/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;4/24/2113 |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;3% | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;6/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;2/10/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;2/10/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;2/10/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;2/10/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;2/10/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;11/12/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;5/28/2025 | &nbsp;&nbsp;5/27/2025 | &nbsp;&nbsp;16% | &nbsp;&nbsp;Yes - AH | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;4/21/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;2/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Fee / Leasehold | &nbsp;&nbsp;12/31/2028; 9/30/2049 | &nbsp;&nbsp;1, 10-year extension option and 1, 10.75-year extension option; None | &nbsp;&nbsp;322055 | &nbsp;&nbsp;No |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio |  |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Engineering Report Date** | &nbsp;&nbsp;**Seismic Report Date** | &nbsp;&nbsp;**PML or SEL (%)** | &nbsp;&nbsp;**Flood Zone** | &nbsp;&nbsp;**Ownership Interest** | &nbsp;&nbsp;**Ground Lease Expiration Date** | &nbsp;&nbsp;**Ground Lease Extension Terms** | &nbsp;&nbsp;**Annual Ground Lease Payment as of the Cut-off Date ($)** | &nbsp;&nbsp;**Annual Ground Rent Increases (Y/N)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;4/28/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;4/28/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;4/28/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;5/20/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;4/3/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - VE | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;11/19/2024 | &nbsp;&nbsp;11/21/2024 | &nbsp;&nbsp;8% | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;5/2/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;2/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;4/3/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;4/15/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;12/26/2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Leasehold | &nbsp;&nbsp;11/30/2119 |  | &nbsp;&nbsp;3077503 | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;6/5/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;6/4/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;3/27/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;3/21/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;5/15/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;5/5/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;5/23/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;3/12/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;3/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;3/13/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Upfront RE Tax Reserve ($)** | &nbsp;&nbsp;**Monthly RE Tax Reserve ($)** | &nbsp;&nbsp;**Upfront Insurance Reserve ($)** | &nbsp;&nbsp;**Monthly Insurance Reserve ($)** | &nbsp;&nbsp;**Upfront Replacement / PIP Reserve ($)** | &nbsp;&nbsp;**Monthly Replacement / FF&E Reserve ($)** | &nbsp;&nbsp;**Replacement Reserve Caps ($)** | &nbsp;&nbsp;**Upfront TI/LC Reserve ($)** | &nbsp;&nbsp;**Monthly TI/LC Reserve ($)** | &nbsp;&nbsp;**TI/LC Caps ($)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Upfront RE Tax Reserve ($)** | &nbsp;&nbsp;**Monthly RE Tax Reserve ($)** | &nbsp;&nbsp;**Upfront Insurance Reserve ($)** | &nbsp;&nbsp;**Monthly Insurance Reserve ($)** | &nbsp;&nbsp;**Upfront Replacement / PIP Reserve ($)** | &nbsp;&nbsp;**Monthly Replacement / FF&E Reserve ($)** | &nbsp;&nbsp;**Replacement Reserve Caps ($)** | &nbsp;&nbsp;**Upfront TI/LC Reserve ($)** | &nbsp;&nbsp;**Monthly TI/LC Reserve ($)** | &nbsp;&nbsp;**TI/LC Caps ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;0 | &nbsp;&nbsp;538611 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;4419 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;2844 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;311888 | &nbsp;&nbsp;62378 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;237175 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;323659 | &nbsp;&nbsp;107886 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;6193 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;13061 | &nbsp;&nbsp;6443 | &nbsp;&nbsp;9619 | &nbsp;&nbsp;9619 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3012 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;30723 | &nbsp;&nbsp;65000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;1521 | &nbsp;&nbsp;0 | &nbsp;&nbsp;500000 | &nbsp;&nbsp;9509 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;144238 | &nbsp;&nbsp;18030 | &nbsp;&nbsp;36083 | &nbsp;&nbsp;12028 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3104 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;22183 | &nbsp;&nbsp;5546 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;1666 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8712 | &nbsp;&nbsp;470500 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;60758 | &nbsp;&nbsp;62647 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;587 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;168696 | &nbsp;&nbsp;24099 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Upfront RE Tax Reserve ($)** | &nbsp;&nbsp;**Monthly RE Tax Reserve ($)** | &nbsp;&nbsp;**Upfront Insurance Reserve ($)** | &nbsp;&nbsp;**Monthly Insurance Reserve ($)** | &nbsp;&nbsp;**Upfront Replacement / PIP Reserve ($)** | &nbsp;&nbsp;**Monthly Replacement / FF&E Reserve ($)** | &nbsp;&nbsp;**Replacement Reserve Caps ($)** | &nbsp;&nbsp;**Upfront TI/LC Reserve ($)** | &nbsp;&nbsp;**Monthly TI/LC Reserve ($)** | &nbsp;&nbsp;**TI/LC Caps ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;58271 | &nbsp;&nbsp;58271 | &nbsp;&nbsp;15566 | &nbsp;&nbsp;3891 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1098 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;141779 | &nbsp;&nbsp;20254 | &nbsp;&nbsp;10945 | &nbsp;&nbsp;1216 | &nbsp;&nbsp;0 | &nbsp;&nbsp;10026 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;22320 | &nbsp;&nbsp;22320 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;4289 | &nbsp;&nbsp;0 | &nbsp;&nbsp;400000 | &nbsp;&nbsp;21446 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;722 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;741556 | &nbsp;&nbsp;123593 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;21003 | &nbsp;&nbsp;21003 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;1078 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;48152 | &nbsp;&nbsp;16051 | &nbsp;&nbsp;2021 | &nbsp;&nbsp;337 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1811 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5712 | &nbsp;&nbsp;137000 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;804612 | &nbsp;&nbsp;268204 | &nbsp;&nbsp;83723 | &nbsp;&nbsp;20931 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9301 | &nbsp;&nbsp;223224 | &nbsp;&nbsp;0 | &nbsp;&nbsp;69755 | &nbsp;&nbsp;1674120 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;432301 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;12015 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;114146 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;49299 | &nbsp;&nbsp;49299 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;599 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;57447 | &nbsp;&nbsp;11489 | &nbsp;&nbsp;18969 | &nbsp;&nbsp;9485 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2065 | &nbsp;&nbsp;0 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;142890 | &nbsp;&nbsp;23815 | &nbsp;&nbsp;147399 | &nbsp;&nbsp;13425 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2471 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;15591 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;39282 | &nbsp;&nbsp;9821 | &nbsp;&nbsp;9250 | &nbsp;&nbsp;4625 | &nbsp;&nbsp;0 | &nbsp;&nbsp;918 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;5725 | &nbsp;&nbsp;636 | &nbsp;&nbsp;4625 | &nbsp;&nbsp;2312 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1625 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;57803 | &nbsp;&nbsp;14451 | &nbsp;&nbsp;52101 | &nbsp;&nbsp;10420 | &nbsp;&nbsp;0 | &nbsp;&nbsp;13267 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;43424 | &nbsp;&nbsp;5428 | &nbsp;&nbsp;60536 | &nbsp;&nbsp;30268 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4027 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;2895 | &nbsp;&nbsp;483 | &nbsp;&nbsp;17275 | &nbsp;&nbsp;8638 | &nbsp;&nbsp;50000 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;50000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;17940 | &nbsp;&nbsp;8970 | &nbsp;&nbsp;3412 | &nbsp;&nbsp;439 | &nbsp;&nbsp;0 | &nbsp;&nbsp;50 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Upfront Debt Service Reserve ($)** | &nbsp;&nbsp;**Monthly Debt Service Reserve ($)** | &nbsp;&nbsp;**Debt Service Reserve Cap ($)** | &nbsp;&nbsp;**Upfront Deferred Maintenance Reserve ($)** | &nbsp;&nbsp;**Upfront Other Reserve ($)** | &nbsp;&nbsp;**Monthly Other Reserve ($)** | &nbsp;&nbsp;**Other Reserve Description** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2476942 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Ground Lease Reserve (Monthly: Springing), Unfunded Obligations Reserve (Upfront:<br> 2,476,941.61) |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Upfront Debt Service Reserve ($)** | &nbsp;&nbsp;**Monthly Debt Service Reserve ($)** | &nbsp;&nbsp;**Debt Service Reserve Cap ($)** | &nbsp;&nbsp;**Upfront Deferred Maintenance Reserve ($)** | &nbsp;&nbsp;**Upfront Other Reserve ($)** | &nbsp;&nbsp;**Monthly Other Reserve ($)** | &nbsp;&nbsp;**Other Reserve Description** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1644651 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Free Rent Reserve |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8625 | &nbsp;&nbsp;63660 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Ground Lease Reserve |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;45732775 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Rent Concession Reserve (Upfront: $26,973,955.46); Leasing Reserve (Upfront: $18,758,819.14); <br> FF&E Reserve (Monthly: Springing) |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;363969 | &nbsp;&nbsp;512050 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Roof Replacement Reserve ($300100), Litigation Reserve ($211950) |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6404148 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Retail Space Reserve ($6325000), Gap Rent Reserve ($79,148.33) |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Holdback Reserve |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;322055 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Ground Subleases Reserve (Upfront: $322,055), PIP Reserve (Monthly: Springing) |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2463619 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Unfunded Obligations Reserve |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;16306 | &nbsp;&nbsp;16306 | &nbsp;&nbsp;Common Charge Reserve |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Upfront Debt Service Reserve ($)** | &nbsp;&nbsp;**Monthly Debt Service Reserve ($)** | &nbsp;&nbsp;**Debt Service Reserve Cap ($)** | &nbsp;&nbsp;**Upfront Deferred Maintenance Reserve ($)** | &nbsp;&nbsp;**Upfront Other Reserve ($)** | &nbsp;&nbsp;**Monthly Other Reserve ($)** | &nbsp;&nbsp;**Other Reserve Description** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;682768 | &nbsp;&nbsp;0 | &nbsp;&nbsp;PIP Reserve |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;50498 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Unfunded Obligations Reserve |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1081445 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Outstanding TI/LC Reserve ($756,373.66), Sunstar Rent Replication Reserve ($248,564.50), <br> BellRing Rent Replication Reserve ($76,506.68) |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;31875 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;25030108 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Indeed Lease Reserve ($12995460), Rent Concession Reserve ($6695378), Upfront Rollover <br> Reserve ($4569893), Ground Rent Reserve ($769377) |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1500 | &nbsp;&nbsp;14943426 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Unfunded Obligations Reserve ($12999018), Gap Rent Reserve ($1944408) |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;14575 | &nbsp;&nbsp;278454 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Manhattan Schoolhouse Lease Contingency Reserve (Upfront: $190,201.00, Monthly: Springing), <br> Manhattan Schoolhouse Unfunded Obligation <br> Reserve (Upfront: $61,615.40), Expansion Space <br> Amended Certificate of Occupancy Reserve (Upfront: $14,662.50), Condominium Common <br> Charge Reserve (Upfront: $11,975.00, Monthly: Springing) |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;56650 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;22500 | &nbsp;&nbsp;729537 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8th Floor Rent Reserve |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;302250 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1250 | &nbsp;&nbsp;800000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;PIP Reserve |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4593 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;3733 | &nbsp;&nbsp;3733 | &nbsp;&nbsp;Common Charges Reserve |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Other Reserve Cap ($)** | &nbsp;&nbsp;**Holdback/ Earnout Amount ($)** | &nbsp;&nbsp;**Holdback/ Earnout Description** | &nbsp;&nbsp;**Lockbox Type** | &nbsp;&nbsp;**Cash Management** | &nbsp;&nbsp;**Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Other Reserve Cap ($)** | &nbsp;&nbsp;**Holdback/ Earnout Amount ($)** | &nbsp;&nbsp;**Holdback/ Earnout Description** | &nbsp;&nbsp;**Lockbox Type** | &nbsp;&nbsp;**Cash Management** | &nbsp;&nbsp;**Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard (Office and Retail); Soft (Remaining Collateral) | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;0 | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;$2,700,000 deposited into the Holdback <br> Reserve to be distributed to the borrower <br> upon lender receiving evidence that the <br> debt yield equals or exceeds 8.50%. | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Other Reserve Cap ($)** | &nbsp;&nbsp;**Holdback/ Earnout Amount ($)** | &nbsp;&nbsp;**Holdback/ Earnout Description** | &nbsp;&nbsp;**Lockbox Type** | &nbsp;&nbsp;**Cash Management** | &nbsp;&nbsp;**Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP |  |  | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Tenant Specific Excess Cash Trap Trigger (Y/N)** | &nbsp;&nbsp;**Pari Passu (Y/N)** | &nbsp;&nbsp;**Pari Passu in Trust Controlling (Y/N)** | &nbsp;&nbsp;**Trust Pari Passu Cut-off Date Balance ($)** | &nbsp;&nbsp;**Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)** | &nbsp;&nbsp;**Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)** | &nbsp;&nbsp;**Subordinate Companion Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Subordinate Companion Loan Interest Rate** | &nbsp;&nbsp;**Whole Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Whole Loan Monthly Debt Service ($)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;60000000 | &nbsp;&nbsp;687200000 | &nbsp;&nbsp;3121266.97 | &nbsp;&nbsp;3393787.37 | &nbsp;&nbsp;412800000 | &nbsp;&nbsp;8.2510509729845% | &nbsp;&nbsp;1160000000 | &nbsp;&nbsp;6271570.59 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Tenant Specific Excess Cash Trap Trigger (Y/N)** | &nbsp;&nbsp;**Pari Passu (Y/N)** | &nbsp;&nbsp;**Pari Passu in Trust Controlling (Y/N)** | &nbsp;&nbsp;**Trust Pari Passu Cut-off Date Balance ($)** | &nbsp;&nbsp;**Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)** | &nbsp;&nbsp;**Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)** | &nbsp;&nbsp;**Subordinate Companion Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Subordinate Companion Loan Interest Rate** | &nbsp;&nbsp;**Whole Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Whole Loan Monthly Debt Service ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;45000000 | &nbsp;&nbsp;673600000 | &nbsp;&nbsp;3095417.09 | &nbsp;&nbsp;3302207.13 | &nbsp;&nbsp;306400000 | &nbsp;&nbsp;7.44415939458224% | &nbsp;&nbsp;1025000000 | &nbsp;&nbsp;5229348.36 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;65000000 | &nbsp;&nbsp;324571.18 | &nbsp;&nbsp;439419.44 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;88000000 | &nbsp;&nbsp;439419.44 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;110000000 | &nbsp;&nbsp;638496.53 | &nbsp;&nbsp;754586.81 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;130000000 | &nbsp;&nbsp;754586.81 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;20000000 | &nbsp;&nbsp;28200000 | &nbsp;&nbsp;158802.88 | &nbsp;&nbsp;271429.04 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;48200000 | &nbsp;&nbsp;271429.04 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Tenant Specific Excess Cash Trap Trigger (Y/N)** | &nbsp;&nbsp;**Pari Passu (Y/N)** | &nbsp;&nbsp;**Pari Passu in Trust Controlling (Y/N)** | &nbsp;&nbsp;**Trust Pari Passu Cut-off Date Balance ($)** | &nbsp;&nbsp;**Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)** | &nbsp;&nbsp;**Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)** | &nbsp;&nbsp;**Subordinate Companion Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Subordinate Companion Loan Interest Rate** | &nbsp;&nbsp;**Whole Loan Cut-off Date Balance ($)** | &nbsp;&nbsp;**Whole Loan Monthly Debt Service ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;12473285 | &nbsp;&nbsp;42409169 | &nbsp;&nbsp;279905.05 | &nbsp;&nbsp;362230.07 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;54882454 | &nbsp;&nbsp;362230.07 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;105000000 | &nbsp;&nbsp;654630.03 | &nbsp;&nbsp;716975.75 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;115000000 | &nbsp;&nbsp;716975.75 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;83000000 | &nbsp;&nbsp;472658.10 | &nbsp;&nbsp;529604.86 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;93000000 | &nbsp;&nbsp;529604.86 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;65500000 | &nbsp;&nbsp;394031.02 | &nbsp;&nbsp;451180.56 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;75000000 | &nbsp;&nbsp;451180.56 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Whole Loan Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**Whole Loan Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Whole Loan Underwritten NOI Debt Yield (%)** | &nbsp;&nbsp;**Mezzanine Debt Cut-off Date Balance($)** | &nbsp;&nbsp;**Mezzanine Debt Interest Rate (%)** | &nbsp;&nbsp;**Total Debt Cut-off Date Balance ($)** | &nbsp;&nbsp;**Total Debt Monthly Debt Service ($)** | &nbsp;&nbsp;**Total Debt Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**Total Debt Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Total Debt Underwritten NOI Debt Yield (%)** |
|  |  |  |  |  |  | &nbsp;&nbsp;**4** |  |  |  |  |  |  | &nbsp;&nbsp;**4** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;68.0% | &nbsp;&nbsp;1.06 | &nbsp;&nbsp;7.3% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Whole Loan Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**Whole Loan Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Whole Loan Underwritten NOI Debt Yield (%)** | &nbsp;&nbsp;**Mezzanine Debt Cut-off Date Balance($)** | &nbsp;&nbsp;**Mezzanine Debt Interest Rate (%)** | &nbsp;&nbsp;**Total Debt Cut-off Date Balance ($)** | &nbsp;&nbsp;**Total Debt Monthly Debt Service ($)** | &nbsp;&nbsp;**Total Debt Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**Total Debt Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Total Debt Underwritten NOI Debt Yield (%)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;59.2% | &nbsp;&nbsp;1.65 | &nbsp;&nbsp;10.5% | &nbsp;&nbsp;125000000 | &nbsp;&nbsp;10.00000% | &nbsp;&nbsp;1150000000 | &nbsp;&nbsp;6285482.62 | &nbsp;&nbsp;66.5% | &nbsp;&nbsp;1.37 | &nbsp;&nbsp;9.4% |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;72.0% | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;53.5% | &nbsp;&nbsp;1.87 | &nbsp;&nbsp;15.6% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;69.4% | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Whole Loan Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**Whole Loan Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Whole Loan Underwritten NOI Debt Yield (%)** | &nbsp;&nbsp;**Mezzanine Debt Cut-off Date Balance($)** | &nbsp;&nbsp;**Mezzanine Debt Interest Rate (%)** | &nbsp;&nbsp;**Total Debt Cut-off Date Balance ($)** | &nbsp;&nbsp;**Total Debt Monthly Debt Service ($)** | &nbsp;&nbsp;**Total Debt Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp;**Total Debt Underwritten NCF DSCR (x)** | &nbsp;&nbsp;**Total Debt Underwritten NOI Debt Yield (%)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;65.5% | &nbsp;&nbsp;1.63 | &nbsp;&nbsp;13.6% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;59.9% | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;13.8% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;64.5% | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;67.3% | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;9.8% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Future Additional Debt Permitted (Y/N)** | &nbsp;&nbsp;**Future Debt Permitted Type** | &nbsp;&nbsp;**Sponsor** | &nbsp;&nbsp;**Non-Recourse Carveout Guarantor** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Industrial Logistics Properties Trust | &nbsp;&nbsp;Industrial Logistics Properties Trust |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Future Additional Debt Permitted (Y/N)** | &nbsp;&nbsp;**Future Debt Permitted Type** | &nbsp;&nbsp;**Sponsor** | &nbsp;&nbsp;**Non-Recourse Carveout Guarantor** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Jeffrey J. Feil | &nbsp;&nbsp;Jeffrey J. Feil |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Eli Weiss and Francesca Madruga | &nbsp;&nbsp;Eli Weiss and Francesca Madruga |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;PSPIB-RE Finance II Inc. | &nbsp;&nbsp;PSPIB-RE Finance II Inc. |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Prime Storage NC, L.P. | &nbsp;&nbsp;Prime Storage NC, L.P. |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Benjamin Herbst | &nbsp;&nbsp;Benjamin Herbst |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Joel Wertzberger | &nbsp;&nbsp;Joel Wertzberger |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Mark Hutchinson | &nbsp;&nbsp;Mark Hutchinson |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Michael Schofel and Peter Schofel | &nbsp;&nbsp;Michael Schofel and Peter Schofel |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;AVR Enterprises LLC | &nbsp;&nbsp;AVR Enterprises LLC |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;John Strzalka, Jason Glaser, Marc Lewin and Spencer Enslein | &nbsp;&nbsp;John Strzalka, Jason Glaser, Marc Lewin and Spencer Enslein |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Jeffrey Kaplan, Timothy Yantz, and J. Andrew McDaniel | &nbsp;&nbsp;MV Real Estate SMA I LP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Olymbec USA LLC and Olymbec Investments Inc. | &nbsp;&nbsp;Olymbec USA LLC and Olymbec Investments Inc. |

---

**Benchmark 2025-V16**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Future Additional Debt Permitted (Y/N)** | &nbsp;&nbsp;**Future Debt Permitted Type** | &nbsp;&nbsp;**Sponsor** | &nbsp;&nbsp;**Non-Recourse Carveout Guarantor** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Robert Schwalbe and Jeremy Schwalbe | &nbsp;&nbsp;Robert Schwalbe and Jeremy Schwalbe |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Lance T. Shaner and Lance T. Shaner Revocable Trust under agreement dated <br> December 5, 2012 | &nbsp;&nbsp;Lance T. Shaner and Lance T. Shaner Revocable Trust under agreement dated <br> December 5, 2012 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Lawrence S. Jackel and Patrick M. Tribolet | &nbsp;&nbsp;Lawrence S. Jackel and Patrick M. Tribolet |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Brian R. Cohen | &nbsp;&nbsp;Brian R. Cohen |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Tryperion RE Fund III, LP | &nbsp;&nbsp;Tryperion RE Fund III, LP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Steven H. Cohen | &nbsp;&nbsp;Steven H. Cohen |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;George Huang | &nbsp;&nbsp;George Huang |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Paul Wasserman, Nathan Wasserman and Shaya Laban A/K/A Shiya Labin | &nbsp;&nbsp;Paul Wasserman, Nathan Wasserman and Shaya Laban A/K/A Shiya Labin |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Jay Gudebski and Richard G. Allman III | &nbsp;&nbsp;Jay Gudebski and Richard G. Allman III |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Aby Rosen and Michael Fuchs | &nbsp;&nbsp;Aby Rosen and Michael Fuchs |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yehonatan Sade | &nbsp;&nbsp;Yehonatan Sade |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Joseph Brunner and Abraham Mandel | &nbsp;&nbsp;Joseph Brunner and Abraham Mandel |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Lawrence Charles Kaplan, George Thacker, Peter J. Veltri and Richard Schontz | &nbsp;&nbsp;Lawrence Charles Kaplan, George Thacker, Peter J. Veltri and Richard Schontz |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Michael N. Wade | &nbsp;&nbsp;Michael N. Wade |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Teresa Dulanto Vega de Amuruz, Raissa Angely Amuruz Dulanto and Rogelio Amuruz | &nbsp;&nbsp;Teresa Dulanto Vega de Amuruz, Raissa Angely Amuruz Dulanto and Rogelio Amuruz |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Anthony Tabor, David Neiyer, Marceid Hatcher and Dennis L. Earls, Jr. | &nbsp;&nbsp;Anthony Tabor, David Neiyer, Marceid Hatcher and Dennis L. Earls, Jr. |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Gabriel C. Dean, Bethny N. Dean, David P. Dean, Ryan C. Wilson, Mickey J. Miller and <br> Mitchell J. Miller | &nbsp;&nbsp;Gabriel C. Dean, Bethny N. Dean, David P. Dean, Ryan C. Wilson, Mickey J. Miller and <br> Mitchell J. Miller |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Andrew Wrublin | &nbsp;&nbsp;Andrew Wrublin |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Delaware Statutory Trust <br> (Y/N)** | &nbsp;&nbsp;**Tenants-in-common <br> (Y/N)** | &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Property Located Within a Qualified Opportunity Zone (Y/N)** | &nbsp;&nbsp;**Sources: Loan Amount ($)** | &nbsp;&nbsp;**Sources: Principal's New Cash Contribution ($)** | &nbsp;&nbsp;**Sources: Subordinate Debt ($)** | &nbsp;&nbsp;**Sources: Other Sources ($)** | &nbsp;&nbsp;**Sources: Total Sources ($)** | &nbsp;&nbsp;**Uses: Loan Payoff ($)** |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp;**8** |  | &nbsp;&nbsp;**7** |  |  |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  | &nbsp;&nbsp;747200000 | &nbsp;&nbsp;90355934 | &nbsp;&nbsp;412800000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1250355934 | &nbsp;&nbsp;1224370000 |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Delaware Statutory Trust <br> (Y/N)** | &nbsp;&nbsp;**Tenants-in-common <br> (Y/N)** | &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Property Located Within a Qualified Opportunity Zone (Y/N)** | &nbsp;&nbsp;**Sources: Loan Amount ($)** | &nbsp;&nbsp;**Sources: Principal's New Cash Contribution ($)** | &nbsp;&nbsp;**Sources: Subordinate Debt ($)** | &nbsp;&nbsp;**Sources: Other Sources ($)** | &nbsp;&nbsp;**Sources: Total Sources ($)** | &nbsp;&nbsp;**Uses: Loan Payoff ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;56500000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;56500000 | &nbsp;&nbsp;50501539 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;42129811 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  | &nbsp;&nbsp;718600000 | &nbsp;&nbsp;63891594 | &nbsp;&nbsp;431400000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1213891594 | &nbsp;&nbsp;1150975365 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Recapitalization/Acquisition |  | &nbsp;&nbsp;40500000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;40500000 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;28654627 |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;88000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;88000000 | &nbsp;&nbsp;63617572 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;22000000 | &nbsp;&nbsp;1015222 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;23015222 | &nbsp;&nbsp;20992601 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;20700000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;20700000 | &nbsp;&nbsp;14958845 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;130000000 | &nbsp;&nbsp;6841400 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;136841400 | &nbsp;&nbsp;135590278 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;48200000 | &nbsp;&nbsp;621766 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;48821766 | &nbsp;&nbsp;42607152 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No | &nbsp;&nbsp;18650000 | &nbsp;&nbsp;20023055 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;38673055 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Recapitalization |  | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;0 |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Delaware Statutory Trust <br> (Y/N)** | &nbsp;&nbsp;**Tenants-in-common <br> (Y/N)** | &nbsp;&nbsp;**Loan Purpose** | &nbsp;&nbsp;**Property Located Within a Qualified Opportunity Zone (Y/N)** | &nbsp;&nbsp;**Sources: Loan Amount ($)** | &nbsp;&nbsp;**Sources: Principal's New Cash Contribution ($)** | &nbsp;&nbsp;**Sources: Subordinate Debt ($)** | &nbsp;&nbsp;**Sources: Other Sources ($)** | &nbsp;&nbsp;**Sources: Total Sources ($)** | &nbsp;&nbsp;**Uses: Loan Payoff ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;331514 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;18331514 | &nbsp;&nbsp;17041486 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;17250000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;17250000 | &nbsp;&nbsp;10762628 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  |  |  |  |  |  |  |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Uses: Purchase Price ($)** | &nbsp;&nbsp;**Uses: Closing Costs ($)** | &nbsp;&nbsp;**Uses: Reserves ($)** | &nbsp;&nbsp;**Uses: Principal Equity Distribution ($)** | &nbsp;&nbsp;**Uses: Other Uses ($)** | &nbsp;&nbsp;**Uses: Total Uses ($)** | &nbsp;&nbsp;**Franchise Agreement Expiration** | &nbsp;&nbsp;**Underwritten ADR ($)** | &nbsp;&nbsp;**Underwritten RevPAR ($)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;23508992 | &nbsp;&nbsp;2476942 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1250355934 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Uses: Purchase Price ($)** | &nbsp;&nbsp;**Uses: Closing Costs ($)** | &nbsp;&nbsp;**Uses: Reserves ($)** | &nbsp;&nbsp;**Uses: Principal Equity Distribution ($)** | &nbsp;&nbsp;**Uses: Other Uses ($)** | &nbsp;&nbsp;**Uses: Total Uses ($)** | &nbsp;&nbsp;**Franchise Agreement Expiration** | &nbsp;&nbsp;**Underwritten ADR ($)** | &nbsp;&nbsp;**Underwritten RevPAR ($)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;0 | &nbsp;&nbsp;595842 | &nbsp;&nbsp;1644651 | &nbsp;&nbsp;3757967 | &nbsp;&nbsp;0 | &nbsp;&nbsp;56500000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;0 | &nbsp;&nbsp;2242444 | &nbsp;&nbsp;72285 | &nbsp;&nbsp;10555460 | &nbsp;&nbsp;0 | &nbsp;&nbsp;55000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;0 | &nbsp;&nbsp;17183454 | &nbsp;&nbsp;45732775 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1213891594 | &nbsp;&nbsp;Various | &nbsp;&nbsp;275.98 | &nbsp;&nbsp;218.81 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House |  |  |  |  |  |  | &nbsp;&nbsp;10/31/2042 | &nbsp;&nbsp;272.75 | &nbsp;&nbsp;217.75 |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy |  |  |  |  |  |  | &nbsp;&nbsp;10/31/2037 | &nbsp;&nbsp;280.43 | &nbsp;&nbsp;220.24 |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;10841152 | &nbsp;&nbsp;1547417 | &nbsp;&nbsp;549063 | &nbsp;&nbsp;27562368 | &nbsp;&nbsp;0 | &nbsp;&nbsp;40500000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;2055459 | &nbsp;&nbsp;1199678 | &nbsp;&nbsp;3090236 | &nbsp;&nbsp;0 | &nbsp;&nbsp;35000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;0 | &nbsp;&nbsp;4222725 | &nbsp;&nbsp;6426828 | &nbsp;&nbsp;13732874 | &nbsp;&nbsp;0 | &nbsp;&nbsp;88000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;0 | &nbsp;&nbsp;1491899 | &nbsp;&nbsp;530723 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;23015222 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;0 | &nbsp;&nbsp;1305265 | &nbsp;&nbsp;2880321 | &nbsp;&nbsp;1555568 | &nbsp;&nbsp;0 | &nbsp;&nbsp;20700000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;0 | &nbsp;&nbsp;929067 | &nbsp;&nbsp;322055 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;136841400 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;313.68 | &nbsp;&nbsp;220.14 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;0 | &nbsp;&nbsp;3728811 | &nbsp;&nbsp;2485802 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;48821766 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;37000000 | &nbsp;&nbsp;1595991 | &nbsp;&nbsp;77064 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;38673055 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1703579 | &nbsp;&nbsp;168696 | &nbsp;&nbsp;16127725 | &nbsp;&nbsp;0 | &nbsp;&nbsp;18000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Uses: Purchase Price ($)** | &nbsp;&nbsp;**Uses: Closing Costs ($)** | &nbsp;&nbsp;**Uses: Reserves ($)** | &nbsp;&nbsp;**Uses: Principal Equity Distribution ($)** | &nbsp;&nbsp;**Uses: Other Uses ($)** | &nbsp;&nbsp;**Uses: Total Uses ($)** | &nbsp;&nbsp;**Franchise Agreement Expiration** | &nbsp;&nbsp;**Underwritten ADR ($)** | &nbsp;&nbsp;**Underwritten RevPAR ($)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;1216192 | &nbsp;&nbsp;73837 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;18331514 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;0 | &nbsp;&nbsp;799318 | &nbsp;&nbsp;835492 | &nbsp;&nbsp;4852562 | &nbsp;&nbsp;0 | &nbsp;&nbsp;17250000 | &nbsp;&nbsp;2/26/2040 | &nbsp;&nbsp;198.02 | &nbsp;&nbsp;152.88 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando |  |  |  |  |  |  | &nbsp;&nbsp;4/30/2033 | &nbsp;&nbsp;129.80 | &nbsp;&nbsp;100.50 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Underwritten Hotel Occupancy (%)** | &nbsp;&nbsp;**Most Recent ADR ($)** | &nbsp;&nbsp;**Most Recent RevPAR ($)** | &nbsp;&nbsp;**Most Recent Hotel Occupancy (%)** | &nbsp;&nbsp;**Second Most Recent ADR ($)** | &nbsp;&nbsp;**Second Most Recent RevPAR ($)** | &nbsp;&nbsp;**Second Most Recent Hotel Occupancy (%)** | &nbsp;&nbsp;**Third Most Recent ADR ($)** | &nbsp;&nbsp;**Third Most Recent RevPAR ($)** | &nbsp;&nbsp;**Third Most Recent Hotel Occupancy (%)** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 1011, 12, 13, 14, 15, 16, 17 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.001 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.002 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.003 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.004 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.005 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.006 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.007 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.008 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.009 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.010 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.011 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.012 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.013 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.014 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.015 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.016 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.017 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.018 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.019 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.020 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.021 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.022 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.023 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.024 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.025 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.026 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.027 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.028 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.029 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.030 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.031 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18TH Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.032 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.033 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.034 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.035 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.036 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.037 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.038 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.039 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.040 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.041 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.042 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.043 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.044 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.045 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.046 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.047 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.048 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.049 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.050 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.051 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.052 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.053 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.054 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.055 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.056 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.057 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.058 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.059 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.060 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.061 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.062 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.063 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.064 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.065 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.066 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.067 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.068 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.069 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.070 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.071 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.072 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.073 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.074 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.075 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.076 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.077 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.078 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.079 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.080 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.081 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.082 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Underwritten Hotel Occupancy (%)** | &nbsp;&nbsp;**Most Recent ADR ($)** | &nbsp;&nbsp;**Most Recent RevPAR ($)** | &nbsp;&nbsp;**Most Recent Hotel Occupancy (%)** | &nbsp;&nbsp;**Second Most Recent ADR ($)** | &nbsp;&nbsp;**Second Most Recent RevPAR ($)** | &nbsp;&nbsp;**Second Most Recent Hotel Occupancy (%)** | &nbsp;&nbsp;**Third Most Recent ADR ($)** | &nbsp;&nbsp;**Third Most Recent RevPAR ($)** | &nbsp;&nbsp;**Third Most Recent Hotel Occupancy (%)** |
| &nbsp;&nbsp;1.083 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.084 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.085 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.086 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.087 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.088 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.089 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.090 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.091 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.092 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.093 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.094 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.095 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.096 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.097 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.098 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.099 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.100 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;1.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 19, 20, 21 | &nbsp;&nbsp;1 | &nbsp;&nbsp;841-853 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;22 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Bridgemarket Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33 | &nbsp;&nbsp;15 | &nbsp;&nbsp;The Wharf | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;275.98 | &nbsp;&nbsp;218.81 | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;271.03 | &nbsp;&nbsp;214.68 | &nbsp;&nbsp;79.2% | &nbsp;&nbsp;269.05 | &nbsp;&nbsp;205.55 | &nbsp;&nbsp;76.4% |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;670-680 Maine | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Maine | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase I Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Channel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph I) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hyatt House | &nbsp;&nbsp;79.8% | &nbsp;&nbsp;272.75 | &nbsp;&nbsp;217.75 | &nbsp;&nbsp;79.8% | &nbsp;&nbsp;269.99 | &nbsp;&nbsp;213.75 | &nbsp;&nbsp;79.2% | &nbsp;&nbsp;263.18 | &nbsp;&nbsp;201.25 | &nbsp;&nbsp;76.5% |
| &nbsp;&nbsp;4.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Phase II Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Garage (Ph II) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Canopy | &nbsp;&nbsp;78.5% | &nbsp;&nbsp;280.43 | &nbsp;&nbsp;220.24 | &nbsp;&nbsp;78.5% | &nbsp;&nbsp;272.44 | &nbsp;&nbsp;215.96 | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;277.02 | &nbsp;&nbsp;211.37 | &nbsp;&nbsp;76.3% |
| &nbsp;&nbsp;4.10 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Tides | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;800 Maine | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Anthem | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Incanto | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;580 Water (Pier 4) | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marina | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;34, 35 | &nbsp;&nbsp;4 | &nbsp;&nbsp;Prime Storage – NCRS Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Rocklin | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Bridgewater | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Prime Storage - Eastpointe | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;36, 37, 38 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Herbst Multifamily Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire Orange | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Promenade | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sunrise Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Sapphire East Orange | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 39, 40, 41, 42 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Wave | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;434445464748 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Orinda Theatre Square | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;49, 50, 51 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Brixley at Carolina Forest | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 52, 53, 54, 55, 56, 57, 58 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Roosevelt New Orleans | &nbsp;&nbsp;70.2% | &nbsp;&nbsp;313.68 | &nbsp;&nbsp;220.14 | &nbsp;&nbsp;70.2% | &nbsp;&nbsp;297.26 | &nbsp;&nbsp;206.00 | &nbsp;&nbsp;69.3% | &nbsp;&nbsp;282.75 | &nbsp;&nbsp;193.85 | &nbsp;&nbsp;68.6% |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 59, 60, 61 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Poinciana Lakes Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;62, 63, 64, 65, 66 | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Lafayette | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;67, 68 | &nbsp;&nbsp;3 | &nbsp;&nbsp;Olymbec Atlas Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**Benchmark 2025-V16**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | &nbsp;&nbsp;**Property Name** | &nbsp;&nbsp;**Underwritten Hotel Occupancy (%)** | &nbsp;&nbsp;**Most Recent ADR ($)** | &nbsp;&nbsp;**Most Recent RevPAR ($)** | &nbsp;&nbsp;**Most Recent Hotel Occupancy (%)** | &nbsp;&nbsp;**Second Most Recent ADR ($)** | &nbsp;&nbsp;**Second Most Recent RevPAR ($)** | &nbsp;&nbsp;**Second Most Recent Hotel Occupancy (%)** | &nbsp;&nbsp;**Third Most Recent ADR ($)** | &nbsp;&nbsp;**Third Most Recent RevPAR ($)** | &nbsp;&nbsp;**Third Most Recent Hotel Occupancy (%)** |
| &nbsp;&nbsp;13.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4045 & 4055 Spencer | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3040 Simmons Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1770 Indian Trail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;155 Attorney Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;69, 70, 71 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Courtyard Madeira Beach | &nbsp;&nbsp;77.2% | &nbsp;&nbsp;198.02 | &nbsp;&nbsp;152.88 | &nbsp;&nbsp;77.2% | &nbsp;&nbsp;207.51 | &nbsp;&nbsp;174.35 | &nbsp;&nbsp;84.0% | &nbsp;&nbsp;203.39 | &nbsp;&nbsp;153.76 | &nbsp;&nbsp;75.6% |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;72, 73 | &nbsp;&nbsp;1 | &nbsp;&nbsp;100 Howe | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;74 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Storage King USA Passaic | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 75, 76 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shaw Park Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;77 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Guardian Storage – Seven Fields, PA | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;YoHo Lofts and Nepperhan Plaza | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 78, 79, 80, 81, 82, 83, 84, 85, 86 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Link | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 87, 88, 89, 90, 91, 92 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;93, 94 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Impala Condo | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lang Industrial | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;9, 95, 96, 97, 98, 99, 100, 101 | &nbsp;&nbsp;1 | &nbsp;&nbsp;347-363 Flushing Avenue | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Line - Spokane Valley | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Annie | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;102, 103 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hampton Inn & Suites by Hilton Orlando | &nbsp;&nbsp;77.4% | &nbsp;&nbsp;129.80 | &nbsp;&nbsp;100.50 | &nbsp;&nbsp;77.4% | &nbsp;&nbsp;131.00 | &nbsp;&nbsp;100.36 | &nbsp;&nbsp;76.6% | &nbsp;&nbsp;133.51 | &nbsp;&nbsp;99.17 | &nbsp;&nbsp;76.3% |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;104 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Wilshire Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;105 | &nbsp;&nbsp;3 | &nbsp;&nbsp;My Storage Multifamily & RV Park Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramblers Edge | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hanceville | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Taylor | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;106, 107 | &nbsp;&nbsp;1 | &nbsp;&nbsp;25 Bond Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

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| **Footnotes to Annex A** | **Footnotes to Annex A** |
| (1) | The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan. |
| (2) | The Monthly Debt Service (P&I)($) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period. |
| (3) | The open period is inclusive of the Maturity Date or Anticipated Repayment Date. |
| (4) | Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) are calculated based on amortizing debt service payments (except for interest-only loans) |
| (5) | Leased Occupancy (%) includes tenants that have signed leases, but are not yet in occupancy or may not be paying rent. |
| (6) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease. See "*Description of the Mortgage Pool—Tenant Issues*" in the Preliminary Prospectus for certain examples of the foregoing. |
| (7) | If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated. |
| (8) | Property Located Within a Qualified Opportunity Zone (Y/N) reflects Mortgaged Properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his or her delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ. |
| (9) | The Cut-off Date Balance ($) reflects only the Mortgage Loan included in the Issuing Entity (which may be evidenced by one or more promissory notes); however, such Mortgage Loan is part of a whole loan comprised of such Mortgage Loan and one or more Pari Passu Companion Loan(s) and/or Subordinate Companion Loan(s) that are held outside the Issuing Entity, each of which is evidenced by one or more separate promissory notes. With respect to each such Mortgage Loan that is part of a whole loan, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan Per Unit ($) calculations include any related Pari Passu Companion Loan(s) but exclude any related Subordinate Companion Loan(s). See "*Description of the Mortgage Pool—The Whole Loans*" in the Preliminary Prospectus for additional information regarding the whole loan(s). |
| (10) | The Mortgage Loan is part of the ILPT 2025 Portfolio Whole Loan that was co-originated by CREFI, Bank of America, N.A., Morgan Stanley Mortgage Capital Holdings LLC, Bank of Montreal, Royal Bank of Canada and UBS AG. |
| (11) | The mortgaged property known as the 435 SE 70th Street property is ground leased by the related borrower. The initial term of the ground lease commenced on October 1, 2005 and initially expired on September 30, 2022. The ground lessee previously exercised its right to extend the term of the ground lease through September 30, 2027, and such extended term may be further extended for an additional eight, five-year options and thereafter for one, one year option. The current base rent payable under the ground lease is |

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|  | $30,205 per annum and will be in effect until September 30, 2026 and is subject to escalations for subsequent renewal terms. |
| (12) | The portfolio appraised value of $1,706,541,600 as of April 10, 2025, is inclusive of an approximately 2.0% portfolio premium and reflects the "as-is" value of the mortgaged properties as a whole if sold in their entirety to a single buyer. Based on the aggregate "as-is" appraised values of the individual mortgaged properties (exclusive of the portfolio premium) of $1,673,080,000, the Cut-off Date LTV and the Maturity Date LTV for the ILPT 2025 Portfolio Senior Loan are both equal to 44.7% and for the ILPT 2025 Portfolio Whole Loan are both equal to 69.3%. |
| (13) | The Mortgage Loan is part of the ILPT 2025 Portfolio Whole Loan, which is comprised of 30 pari passu senior promissory notes with an aggregate balance of $747,200,000 and 12 junior promissory notes, with an aggregate original principal balance and Cut-off Date Balance of $412,800,000. |
| (14) | With respect to the mortgaged property known as the 3502 Enterprise Avenue property, certain improvements (the "PILOT Improvements") were not pledged as collateral for the ILPT 2025 Portfolio Whole Loan as they are owned by the municipality in which the 3502 Enterprise Avenue property is located and leased to the tenant at the 3502 Enterprise Avenue property pursuant to a PILOT lease pursuant to which the tenant, which contractually assumed a portion of the related borrower's tax liability, is entitled to certain tax abatements. The (x) underlying fee simple interest in the 3502 Enterprise Avenue property which is owned by the applicable borrower, (y) improvements on the 3502 Enterprise Avenue property that are owned by the applicable borrower (which excludes the PILOT Improvements), and (z) the reversionary interest in the PILOT Improvements were each pledged by the related borrower as collateral for the ILPT 2025 Portfolio Whole Loan. Certain rights of the tenant in the borrower's reversionary interest were assigned by the tenant to the related borrower, and collaterally assigned by the related borrower to the lender, which collateral assignment was consented to by the applicable municipality that is the lessor under the PILOT lease. |
| (15) | With respect to the mortgaged property known as the 996 Paragon Way property, the sole tenant at the mortgaged property, Exel Inc., has a Fee Agreement with York County, South Carolina, dated as of June 2, 2013 (the "996 FILOT Agreement"), which, subject to the terms and conditions thereof, allows the tenant to make certain payments in lieu of tax payments which would otherwise be due and owing by such tenant, which payments are calculated based on millage rate, depreciation schedules and the fair value of the mortgaged property as more particularly described in such agreement. The related borrower is not a party to the 996 FILOT Agreement, which is directly between York County, South Carolina and Exel Inc., as tenant under a lease at the mortgaged property. |
| (16) | With respect to the mortgaged property known as the 11224 Will Walker Road property, Mercedes Benz US International, Inc., the Largest Tenant at the mortgaged property, has entered into one or more agreements (constituting PILOT documents) with the Tuscaloosa County Industrial Development Authority to reduce its tax liability. The related borrower is not a party to, and has not received an assignment of any interest in, such PILOT documents nor are such PILOT documents pledged to secure the ILPT 2025 Portfolio Whole Loan. |
| (17) | Five of the mortgaged properties are subject to condominium regimes (established pursuant to the applicable condominium documents) including the: (i) 91-222 Olai property, (ii) 91-174 Olai property, (iii) 91-259 Olai property, (iv) 91-265 Hanua property (the properties referenced in the foregoing clauses (i) through (iv) being the "Hawaii Condominiums") and (v) 3800 Midlink Drive property. With respect to the Hawaii Condominiums, each such condominium consists of two units, both of which are owned and controlled by the related borrower. With respect to the condominium related to the 3800 Midlink Drive property, the related borrower owns one of 22 units in the related condominium, and does not control the condominium. |
| (18) | The mortgaged property features 238,453 square feet of office space accounting for 67.4% of underwritten rent, 26,666 square feet of ground floor retail space accounting for 32.4% of underwritten rent, and one telecommunications tenant that accounts for 0.2% of underwritten rent. |
| (19) | The Fifth Largest Tenant, Human Security Inc., has the one-time option to terminate its lease effective as of January 1, 2028, upon 12 months' notice provided it pays an early termination fee. |
| (20) | The borrower has the right to convert the 841-853 Broadway mortgaged property into a condominium with units that are 100% owned by the borrower, provided that conditions set forth in the 841-853 Broadway Mortgage Loan documents are satisfied, including but not limited to the lender's reasonable approval of the |

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|  | related condominium documents, updates to the 841-853 Broadway Mortgage Loan documents as reasonably required by the lender, and compliance with REMIC requirements. |
| (21) | The Second Largest Tenant at the Mortgaged Property, Basis Global Technologies, leases the 6th and 7th floors at the mortgaged property. Basis Global Technologies is dark in its 6th floor space and subleases its 7th floor space at the mortgaged property to Radar Labs, Inc. through November 29, 2025. The sublease provides for monthly rent of approximately $82,085. The Mortgage Loan was underwritten based on the prime lease rent. |
| (22) | The Mortgage Loan is secured by the borrower's leasehold interest in the mortgaged property pursuant to that certain Third Amended and Restated Lease, dated April 1, 2025, between The City of New York, as ground lessor, and the borrower, as ground tenant. The ground lease expires on June 29, 2097 and the borrower's ground rent is comprised of three components: (i) minimum rent (currently $763,920 per year) subject to consumer price index increases, (ii) percentage rent equal to 12% of the difference between annual gross receipts and minimum gross receipts and (iii) a flat additional rent of $50,000 per year that is not subject to escalation. See *"Description of the Mortgage Pool—Leasehold Interests*" in the Preliminary Prospectus for further detail. |
| (23) | The Wharf Mortgage Loan is part of The Wharf Whole Loan that was co-originated by Goldman Sachs Bank USA, Wells Fargo Bank, National Association, and Morgan Stanley Bank, N.A. |
| (24) | The total Units/SF totaling 2,241,794 includes 928,154 SF of office, 446,764 SF of retail, 603,232 SF of multifamily space (904 units), and 263,644 SF of hospitality (412 keys). The collateral also includes two parking garages totaling 1,175 spaces and a marina totaling 220 docks, neither of which are included in the square footage. |
| (25) | The loan is structured with a hard lockbox for office and retail tenants, a soft lockbox for the remaining collateral, and springing cash management. The borrower is required to direct tenants to pay rent directly into such lockbox account; however, the borrower is permitted to collect rents received from any of the Hotel Component, Multifamily Component, Parking Garage and Wharf Marina subject to certain conditions specified in the related loan documents. |
| (26) | The appraised value represents the "As Portfolio" Appraised Value for The Wharf mortgaged properties of $1,730,000,000, which reflects a portfolio premium of 1.7%, as of dates ranging from February 21, 2025 to March 4, 2025. The sum of the individual appraised values is $1,700,400,000, which equates to a Cut-off Date LTV Ratio and LTV Ratio at Maturity of 42.3% and 42.3%, respectively. |
| (27) | The related loan documents permit a partial collateral release subject to LTV, DSCR and/or Debt Yield tests, and/or other release conditions, in connection with a partial defeasance or prepayment of the related mortgage loan, or in certain cases, in connection with a parcel release. See "*Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases*" in the Preliminary Prospectus. |
| (28) | The mortgaged property also secures The Wharf Subordinate Companion Loan, which has an aggregate Cut-off Date principal balance of $306,400,000. The Wharf Subordinate Companion Loan is coterminous with The Wharf Whole Loan and accrues interest at the same rate as The Wharf Whole Loan. The Wharf Whole Loan is senior in right of payment to The Wharf Subordinate Companion Loan. |
| (29) | Concurrently with the funding of The Wharf Whole Loan, OP USA Debt Holding II Limited Partnership ("Oxford") funded a mezzanine loan in the amount of $125,000,000 to be secured by the mezzanine borrowers' equity interests in the borrowers as collateral for The Wharf Mezzanine Loan. The Wharf Mezzanine Loan is coterminous with The Wharf Whole Loan. The Wharf Mezzanine Loan accrues interest at a rate of 10.0000% per annum to be paid as part of each monthly debt service payment amount and is interest-only through the loan term. |
| (30) | The Phase I Retail property includes seven parcels and the Phase II Retail includes five parcels. |
| (31) | Kelley Drye & Warren LLP has executed a lease but not yet taken occupancy or commenced paying rent. Kelley Drye & Warren LLP has a lease commencement date on (and is anticipated to take occupancy by) January 1, 2026 and is required to commence paying rent on that date. We cannot assure you that Kelley Drye & Warren LLP will take occupancy or commence paying rent as anticipated or at all. |

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(32) The total Percent Leased represents the weighted average of the square footage for the office and retail component. The Percent Leased is calculated based on square footage for the retail and office properties, number of units for the multifamily properties, and TTM March 2025 occupancy for the hotel properties.

(33) The lockout period will be at least 25 payment dates beginning with and including the first payment date on August 11, 2025. Defeasance of The Wharf Whole Loan is permitted after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last note comprising a part of The Wharf Whole Loan to be securitized (the "Lockout Release Date") and (ii) August 11, 2028. In addition, on any business day from and after the Lockout Release Date, voluntary prepayment of The Wharf Whole Loan is permitted in whole (but not in part), together with, if such voluntary prepayment occurs prior to the monthly payment date that occurs in January 2030, a prepayment fee equal to the greater of (x) 1.00% of the principal amount of The Wharf Whole Loan being prepaid and (y) a yield maintenance premium. The assumed lockout period of 25 payments is based on the expected Benchmark 2025-V16 securitization trust closing date in August 2025. The actual lockout period may be longer.

(34) Historical financial information prior to 2024 is not available because the borrower acquired the Prime Storage – Bridgewater mortgaged property at origination of the Prime Storage – NCRS Portfolio Mortgage Loan and the remainder of the Prime Storage – NCRS Portfolio mortgaged properties were acquired between November 2023 and April 2024.

(35) Provided that no event of default is continuing under the Prime Storage - NCRS Portfolio Mortgage Loan documents, (I) at any time after the date that is two years after the closing date of the of the Benchmark 2025-V16 securitization and before the monthly payment date in February 2030 (the "Prepayment Release Date"), the borrowers may deliver defeasance collateral and obtain release of one or more individual Prime Storage – NCRS Portfolio mortgaged properties, and (II) at any time on or after the Prepayment Release Date and prior to the maturity date of the Prime Storage - NCRS Portfolio Mortgage Loan, the borrowers may partially prepay the Prime Storage - NCRS Portfolio Mortgage Loan and obtain the release of one or more individual Prime Storage – NCRS Portfolio mortgaged properties, in each case, provided that, among other conditions, (i) the defeasance collateral or partial prepayment, as applicable, is in an amount (the "Release Price") equal to the greater of (a) 120% of the allocated loan amount for the individual Prime Storage – NCRS Portfolio mortgaged property being released, and (b) lender's allocation of 100% of the net sales proceeds applicable to such individual Prime Storage – NCRS Portfolio mortgaged property, (ii) the borrowers deliver a REMIC opinion, and (iii) as of the date of the consummation of the partial release (whether by partial prepayment or partial defeasance), after giving effect to the release, the debt service coverage ratio with respect to the remaining Prime Storage - NCRS Portfolio mortgaged properties is equal to or greater than the greater of (a) 1.35x, and (b) the debt service coverage ratio for all of the Prime Storage – NCRS Portfolio mortgaged properties immediately prior to date of notice of the partial release or the consummation of the partial release, as applicable; provided, that, in the event such condition is not satisfied, the borrowers must, in addition to the amounts payable pursuant to clause (i) above, (1) on and after the Prepayment Release Date, prepay the Prime Storage - NCRS Portfolio Mortgage Loan in an amount which would satisfy such condition, together with, without limitation, any interest shortfall applicable thereto and (2) prior to the Prepayment Release Date, the borrowers must have deposited with the lender cash or an acceptable letter of credit in an amount that, if applied to the reduction of the Prime Storage - NCRS Portfolio Mortgage Loan, would result in, a debt service coverage ratio equal to or greater than 1.15x for two consecutive calendar quarters.

(36) The Appraised Value represents the "As-Portfolio" value of the Herbst Multifamily Portfolio mortgaged properties, which includes a 4.4% portfolio premium. Based on the aggregate "As-Is" appraised value of the Herbst Multifamily Portfolio mortgaged properties of approximately $54,400,000, the Herbst Multifamily Portfolio Mortgage Loan results in a Cut-off Date LTV and Maturity Date LTV of 64.3% and 64.3%, respectively.

(37) Provided that no event of default is continuing under the Herbst Multifamily Portfolio Mortgage Loan documents, at any time after the date that is two years after the closing date of the Benchmark 2025-V16 securitization and prior to May 6, 2030, the borrowers may deliver defeasance collateral and obtain the release of one or more individual Herbst Multifamily Portfolio mortgaged properties, provided that, among other conditions, (i) the portion of the Herbst Multifamily Portfolio Mortgage Loan that is defeased is in an amount equal to the greater of (a) 115% of the allocated loan amount for the individual Herbst Multifamily Portfolio mortgaged property or properties being released, and (b) the net sales proceeds applicable to such individual Herbst Multifamily Portfolio mortgaged property or properties, (ii) the borrowers deliver a REMIC opinion, (iii) the release is not reasonably likely to result in a material adverse effect under the Herbst Multifamily Portfolio Mortgage Loan documents, and (iv) after giving effect to the release, (I) the debt service coverage ratio with respect to the remaining Herbst Multifamily Portfolio mortgaged properties is at least

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|  | equal to the greater of (a) 1.33x, and (b) the debt service coverage ratio for all of the individual Herbst Multifamily Portfolio mortgaged properties immediately prior to the release, (II) the debt yield with respect to the remaining Herbst Multifamily Portfolio mortgaged properties is at least equal to the greater of (a) 9.11%, and (b) the debt yield for all of the individual Herbst Multifamily Portfolio mortgaged properties immediately prior to the release, and (III) the loan-to-value ratio with respect to the remaining Herbst Multifamily Portfolio mortgaged properties is at least equal to the lesser of (a) 64.34%, and (b) the loan-to-value ratio for all of the individual Herbst Multifamily Portfolio mortgaged properties immediately prior to the release. |
| (38) | The $211,950 litigation reserve funded at origination by the borrowers was disbursed to the borrowers on June 17, 2025. Pursuant to a Tri-Party Escrow Agreement between the lender, the borrowers, and First American Title Insurance Company, the borrowers also deposited $300,000 with First American Title Insurance Company, to be distributed in satisfaction of certain outstanding judgements against the borrowers in favor of PSE&G provided that the borrowers are unable to negotiate a different settlement within six months of the origination date. See *"Description of the Mortgage Pool—Litigation and Other Legal Considerations*" in the preliminary prospectus. |
| (39) | Historical financial information is not available because The Wave mortgaged property was recently constructed in 2024. |
| (40) | The mortgaged property includes 8,050 square feet of ground floor retail space, 2,700 square feet of lower level commercial space and 3,500 square feet of rooftop commercial space. The lender underwrote $513,000 of annual rent for such space. As of the origination date, a letter of intent had been signed for such space, but a lease had not been signed. There can be no assurance the letter of intent will be converted to a lease or that rent will be received for the commercial space. At origination, $6,325,000 was deposited into a reserve relating to the commercial space. The funds in such reserve will be released to the borrower only if the borrower has satisfied the following conditions by April 6, 2027 (the "Release Deadline"): (a) the borrower has delivered a signed lease or leases for all or a portion of the retail space with terms and provisions reasonably acceptable to the lender and customary and usual for the market in which the mortgaged property is located, which terms must include annual rent of at least $500,000, a term of not less than 10 years and a third party tenant not affiliated with the borrower, (b) such lease or leases must have no remaining conditions to effectiveness, (c) the applicable tenant(s) are paying full unabated rent (other than any market free rent period that is discernible in length and which has been reserved for with the lender), and (d) if such lease or leases requires the borrower to perform or pay for any work or leasing commissions, any such amounts have been paid and certain other requirements have been satisfied in connection with such work. If such conditions are not satisfied by the Release Deadline, funds in the retail space reserve are required to continue to be held by the lender as collateral for The Wave Whole Loan and not released to the borrower. |
| (41) | The mortgaged property benefits from a 35-year 421-a Affordable New York Housing Tax Exemption Program exemption. To qualify for the tax exemption, at least 25% of the units at The Wave mortgaged property must be leased as "affordable units." For the first 25 years of such exemption, 100% of the projected assessed value of The Wave mortgaged property improvements on the tax lot will be exempt from real estate taxes and for the remaining 10 years of the exemption 25.74% (the percentage of the units which are affordable) of such value will be exempt. Taxes were underwritten to the five-year average estimated taxes of $89,928 versus the five-year average estimated full tax liability of $2,778,183. |
| (42) | The borrower is subject to a Mandatory Inclusionary Housing Restrictive Declaration (the "Wave Declaration") pursuant to which 30 of the 136 units at The Wave mortgaged property must be affordable housing units, for which the weighted average of all income bands may not exceed 60% of area median income ("AMI"), no income band may exceed 130% of AMI and at least 10% of the residential floor area within the inclusionary housing units must be affordable within a 40% of AMI income band. Under the Wave Declaration, 12 units are restricted to tenants earning not more than 40% of AMI, 13 units to tenants earning not more than 60% of AMI, and five units to tenants earning not more than 100% of AMI. In addition, to obtain additional floor area ratio, the borrower entered into a regulatory agreement (the "Wave Agreement," and together with the Wave Declaration, the "Wave Regulatory Documents") pursuant to which it agreed an additional two units at The Wave mortgaged property would be affordable units restricted to tenants earning not more than 80% of AMI. The Wave Regulatory Documents require the affordable units to be rent stabilized. Maximum rent for each affordable unit is 30% of the related percentage of AMI. The lender entered into subordination agreements subordinating The Wave Whole Loan to the Wave Regulatory Documents. See "*Description of the Mortgage Loan—Property Types—Multifamily Properties*". |
| (43) | The mortgaged property is a mixed-use property comprised of 41,407 square feet of office space (representing 45.4% of total net rentable area and 60.7% of underwritten base rent) and 35,586 square feet |

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|  | of retail space (representing 39.0% of total net rentable area and 35.2% of underwritten base rent) with the remainder attributed to the theatre. |
| (44) | The borrowers' ownership structure is comprised of 2 tenants-in-common ("TIC") . The TIC borrowing entities, DE Orinda Borrower LLC (43.27% ownership) and Orinda Dunhill LLC (57.73% ownership), are recycled formed special purpose entities formed in the State of Delaware. Mark Hutchinson controls both entities and is the non-recourse carve out guarantor for the mortgage loan. |
| (45) | The borrowers are required to deposit (i) $65,000 into a real estate tax reserve, on each monthly payment date occurring in September 2025, October 2025, November 2025, and December 2025, and (ii) on each monthly payment date thereafter, an amount equal to one-twelfth of the real estate taxes that the lender estimates will be payable during the next ensuing 12 months (initially, $36,340). |
| (46) | The lockbox springing condition has been met as of the origination date, and will be in place by the first monthly payment date. |
| (47) | The Second Largest Tenant, Law Offices of Gillin, Jacobson, Ellis, Larsen, and Lucey, has a termination right every six months beginning June 30, 2026 with six months' notice and payment of a termination fee. |
| (48) | The Third Largest Tenant, Morgan Stanley, has an on-going right to terminate the lease only in the event that the landlord leases any ground floor space to any national stock brokerage firm. If the landlord leases ground floor space to a national stock brokerage firm and the tenant elects to exercise, Morgan Stanley will have up to six months from the national stock brokerage firm's occupancy to exercise its option to terminate. |
| (49) | The 2022 NOI and 2023 NOI Information are not available because the borrower acquired The Brixley at Carolina Forest mortgaged property in May 2023. |
| (50) | The UW NOI and NCF DY are calculated net of the $2,700,000 holdback reserve which will be released six months following the origination date upon The Brixley at Carolina Forest mortgaged property achieving a holdback debt yield (calculated as provided in the related loan documents) of 8.5%. The UW NOI DY and UW NCF DY based on the total balance of The Brixley at Carolina Forest Mortgage Loan of $20,700,000 are 7.5% and 7.4%, respectively. |
| (51) | The increase from 12/31/2024 Net Operating Income to TTM 5/2025 Net Operating Income is primarily attributable to the renovations and subsequent lease-up of The Brixley at Carolina Forest mortgaged property in 2024. |
| (52) | The Mortgage Loan is part of The Roosevelt New Orleans Whole Loan that was co-originated by Barclays Capital Real Estate Inc. and Wells Fargo Bank, National Association. |
| (53) | Grace Period- Late Fee of four days is permitted once during any 12-month period and no more than four times during the term of The Roosevelt New Orleans Whole Loan. |
| (54) | The Roosevelt New Orleans Whole Loan is structured such that the lockbox is soft so long as an escrow sweep period does not exist. Upon the occurrence of an escrow sweep triggering event, the borrower will be required to, or cause the property manager to, deliver credit card direction letters to all credit card companies to deliver all rents directly to the lockbox account. An escrow sweep triggering event will occur on the date on which the management agreement has been terminated or expires, unless a management cure as provided in the related loan documents has been effectuated simultaneously therewith. |
| (55) | The defeasance lockout period will be at least 25 months beginning with and including the first payment date on August 6, 2025. Defeasance of The Roosevelt New Orleans Whole Loan is permitted after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last pari passu note to be securitized and (ii) June 30, 2028. The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the Benchmark 2025-V16 securitization in August 2025. The actual defeasance lockout period may be longer. |
| (56) | A portion of the mortgaged property is subject to a ground lease between FCH Holdings LLC, as ground lessor and an affiliate of the borrower, and Belmont Delaware, L.L.C., as ground lessee (the "Ground Lessee"). The ground lease commenced on October 1, 1950 and has an expiration date of September 30, 2049. The Ground Lessee has subleased its leasehold interest in the land to the borrower. The Ground Lessee has entered into two separate subleases with the borrower, where the first sublease is for the ballroom space with an annual ground rent of $124,353. The ballroom space is subject to rent increases |

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| | |
|:---|:---|
|  | every three years beginning on January 1, 2016 (each, an "Adjustment Date"), in which the base rent will be increased (but not decreased) by a percentage equal to the aggregate percentage increase in the consumer price index over the three-year period immediately preceding an Adjustment Date. The ballroom space expires on December 31, 2028 and has one, 10-year extension option and one, 10.75-year extension option remaining with a fully extended expiration on September 30, 2049. The second sublease is for the spa space with an annual ground rent of $197,702.04, which expires on September 30, 2049. There are no annual rent increases associated with the spa sublease. |
| (57) | On each monthly payment date during an escrow sweep period, the borrower will be required to deposit, (i) while the management agreement remains in full force and effect, an amount required under the management agreement and (ii) following an escrow sweep trigger period, an amount equal to one 1/12 of 5% of gross income from operations for the mortgaged property for the prior calendar year (the "FF&E Reserve Monthly Deposit"). In the event the lender increases the amount of the FF&E Reserve Monthly Deposit in accordance with the related loan documents, the borrower will have the option, in lieu of increasing the FF&E Reserve Monthly Deposit, to make a one-time deposit in an amount equal to the aggregate amount of such increase, as reasonably determined by the lender. |
| (58) | During an escrow sweep period, the borrower will be required to deposit into the PIP reserve either (i) a PIP Deposit or (ii) a PIP Monthly Deposit. A "PIP Deposit" means a deposit from the borrower with the lender in the form of cash and/or a letter of credit in an aggregate amount not less than the total PIP expenses in connection with any PIP (as set forth in the borrower's good faith budget for the finalized PIP as reasonably approved by the lender, or deemed approved by the lender subject to the PIP deemed approval process), less any portion of the FF&E reserve amount then remaining on deposit in the FF&E reserve account. A "PIP Monthly Deposit" means the sums required of the borrower to complete the PIP work, payable on each payment date in monthly installments reasonably estimated by the lender to provide for adequate funds to complete the PIP work within the timeframes required by the PIP (as set forth in the borrower's good faith budget for the finalized PIP as reasonably approved by the lender, or deemed approved by the lender subject to the PIP deemed approval process), less any portion of the FF&E reserve amount then remaining on deposit in the FF&E reserve account. |
| (59) | The Appraised Value of $69,500,000 represents the appraisal's concluded "As Stabilized" value as of October 19, 2025, which assumes all tenants are in place and all outstanding gap rent, free rent, tenant improvements and free rent have been paid. The Poinciana Lakes Plaza Mortgage Loan includes a reserve for all outstanding obligations. The appraisal's concluded "As Is" value as of April 19, 2025 for the Poinciana Lakes Plaza Property is $65,200,000 which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Poinciana Lakes Plaza Mortgage Loan of 73.9% and 73.9%, respectively. |
| (60) | The related loan documents permit a partial collateral release subject to DSCR and/or Debt Yield tests, and/or other release conditions, in connection with a partial defeasance or prepayment of the related mortgage loan, or in connection with a free release. See "*Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases*" in the Preliminary Prospectus. |
| (61) | No historical financial information is available as the Poinciana Lakes Plaza Property was completed in June 2024. |
| (62) | The mortgaged property contains a total of 29,926 square feet of net rentable area, which contains 11,679 square feet of ground floor retail space, 11,506 square feet of second floor office space, and 6,741 square feet of lower level retail space. Upon remeasurement of the office space at the expiration of the current lease to Moncler (the Second Largest Tenant), the mortgaged property will comprise a total rentable area of 35,200 square feet. Moncler's rent through the lease term is based on 16,780 square feet of net rentable area. |
| (63) | The collateral for the Mortgage Loan (the "200 Lafayette Property") is one unit of two total units subject to a condominium regime (the "200 Lafayette Street Condominium"). The 200 Lafayette Property is comprised of a portion of the lower level, ground floor and second floor of an eight-story building. The second unit (non-collateral) is comprised of floors three through seven of the building. The owner of the 200 Lafayette Property has a 34.2367% ownership interest in the 200 Lafayette Condominium and the owner of the non-collateral unit has a 65.7633% ownership interest in the 200 Lafayette Street Condominium. The related condominium board consists of two members, one appointed by the owner of the 200 Lafayette Property and the other appointed by the owner of the non-collateral unit. |

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(64) The
 increase from Most Recent NOI to Underwritten NOI is primarily attributable to (i) contractual rent steps, (ii) common area maintenance
 recoveries, and (iii) lower insurance premiums.

(65) The
 Largest Tenant, Eataly, is required to pay percentage rent equal to 9% over the breakpoint amount. The breakpoint amount is $21,666,666.70
 for the first lease year (beginning on December 1, 2023 and ending on November 30, 2024) and increases 2% per year thereafter. The
 breakpoint amount for any lease year is reduced to $20,000,000 until such time as the tenant pays $750,000 in the aggregate on account
 of the reduced breakpoint threshold. The percentage rent calculation period is December through November of each lease year.

(66) The
 temporary certificate of occupancy (the "TCO") for the Moncler space at the mortgaged property expired in 2020 and has
 not been renewed. According to the sponsor, the reason for the expiration and failure to renew is largely due to the Moncler space
 and upper floors at the building being subject to active construction since 2020. The sponsor has been working to obtain a renewed
 TCO and is currently resolving objections with the NYC Department of Buildings to obtain the renewed TCO. Per the sponsor, the objections
 raised by the NYC Department of Buildings are administrative in nature and are the responsibility of the condominium board to resolve.
 The TCO for the Eataly space at the mortgaged property also recently expired on May 28, 2025. The seller is currently working on
 renewing the same through the standard administrative process with the NYC Department of Buildings. Under the loan documents, the
 borrower will be required to pursue and obtain a valid TCO followed by a valid permanent certificate of occupancy that each cover
 all of the Moncler and all of the Eataly space, respectively. The loan documents also provide for loss recourse for the failure of
 the mortgaged property to have a TCO or permanent certificate of occupancy at any time during the term of the loan.

(67) The
 increase from Most Recent NOI to Underwritten NOI is primarily attributable to 14 new leases being signed in 2025 which account for
 $824,043 of underwritten base rent.

(68) Provided
 that no event of default is continuing under the Olymbec Atlas Portfolio mortgage loan documents, at any time after the date that
 is two years after the Closing Date of the Benchmark 2025-V16 securitization and prior to July 6, 2030, the borrowers may deliver
 defeasance collateral and obtain the release of one or more of the Olymbec Atlas Portfolio mortgaged properties, provided that, among
 other conditions, (i) the portion of the Olymbec Atlas Portfolio mortgage loan that is defeased is in an amount equal to the greater
 of (a) 120% of the allocated loan amount for the individual Olymbec Atlas Portfolio mortgaged property or properties being released,
 and (b) the net sales proceeds applicable to such individual Olymbec Atlas Portfolio mortgaged property or properties, (ii) the borrowers
 deliver a REMIC opinion, and (iii) after giving effect to the release, (I) the debt service coverage ratio with respect to the remaining
 Olymbec Atlas Portfolio mortgaged properties is equal to or greater than the greater of (a) 2.39x, and (b) the debt service coverage
 ratio for all of the individual Olymbec Atlas Portfolio mortgaged properties immediately prior to the release, (II) the debt yield
 with respect to the remaining Olymbec Atlas Portfolio mortgaged properties is equal to or greater than the greater of (a) 12.76%,
 and (b) the debt yield for all of the individual Olymbec Atlas Portfolio mortgaged properties immediately prior to the release, and
 (III) the loan-to-value ratio with respect to the remaining Olymbec Atlas Portfolio mortgaged properties is no greater than the lesser
 of (a) 51.1%, and (b) the loan-to-value ratio for all of the individual Olymbec Atlas Portfolio mortgaged properties immediately
 prior to the release.

(69) The
 Appraised Value ($) represents the "As Is (Extraordinary Assumption)" value of the mortgaged property assuming the $683,000
 upfront PIP funds have been fully escrowed and will be available to finance the proposed capital improvements.

(70) The
 Most Recent cash flows are the extrapolated trailing-twelve months ended March 31, 2025 cash flows to discount for the temporary
 demand surge due to the related property being designated as a FEMA-Emergency hotel and providing temporary accommodations to those
 affected by the hurricane during October 2024 through February 2025.

(71) The
 borrower is required to deposit into the replacement reserve account, on each monthly payment date, an amount equal to one twelfth
 of the greater of (i)(a) two percent of the projected annual gross income from operations of the mortgaged property as set forth
 in the approved annual budget during months one through twelve of the term of the loan; (b) three percent of the projected annual
 gross income from operations of the mortgaged property as set forth in the approved annual budget during the months thirteen through
 twenty-four of the term of the loan; and (c) four percent of the projected annual gross income from operations of the mortgaged property
 as set forth in the approved annual budget from and after the twenty-fifth month of the term of the loan; and (ii) the amount required
 by franchisor pursuant to the franchise agreement ("FF&E

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| | |
|:---|:---|
|  | Reserve Monthly Deposit"). The FF&E Reserve Monthly Deposit as of closing is $10,026.22 and at no time the FF&E Reserve Monthly Reserve Deposit will be less than $10,026.22. |
| (72) | The largest tenant, State of California – State Lands Commission, has an ongoing right to terminate its lease beginning July 31, 2028, with a 60-day prior notice period. |
| (73) | The TI/LC reserve requires monthly payments of approximately $21,446 for months 1-12, and payments of approximately $10,723 for months 13-60. |
| (74) | The appraised value represents the "As-Is" Appraised Value including the cell tower leases, of $21,300,000, which equates to a Cut-off Date LTV Ratio and LTV Ratio at Maturity of 61.0% and 61.0% respectively. The appraisal also included an "As-Is" Appraised Value excluding the income from the cell tower leases of $20,400,000, which equates to a Cut-off Date LTV Ratio and LTV Ratio at Maturity of 63.7% and 63.7% respectively. Income from the cell tower leases, which leases are currently part of the collateral, is not being underwritten. Additionally, the cell tower leases are freely releasable with no corresponding principal paydown but subject to the conditions in the mortgage loan agreement. |
| (75) | The Mortgage Loan is part of a Whole Loan that was co-originated by BMO and 3650 Capital. |
| (76) | The lockout period will be at least 27 payment dates beginning with and including the first payment date on June 5, 2025. Defeasance of the Shaw Park Plaza Whole Loan is permitted after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last note comprising a part of The Shaw Park Plaza Whole Loan to be securitized (the "Lockout Release Date") and (ii) May 5, 2029. In addition, on any business day from and after the Lockout Release Date, voluntary prepayment of the Shaw Park Plaza Whole Loan is permitted in whole (but not in part), together with, if such voluntary prepayment occurs prior to the monthly payment date that occurs in November 2029, a prepayment fee equal to the greater of (x) 1.00% of the principal amount of the Shaw Park Plaza Whole Loan being prepaid and (y) a yield maintenance premium. The assumed lockout period of 27 payments is based on the expected Benchmark 2025-V16 securitization trust closing date in August 2025. The actual lockout period may be longer. |
| (77) | The UW NOI is approximately 13.1% above the Most Recent NOI primarily due to projected occupancy growth as the mortgaged property reaches full stabilization during the loan term. |
| (78) | The increase in UW Net Operating Income ($) from Most Recent NOI ($) is primarily due to the newly signed lease for the Largest Tenant, Indeed. |
| (79) | Defeasance of The Link Whole Loan, in whole, but not in part, is permitted after the date that is earlier to occur of (i) two years from the closing date of the securitization that includes the last note to be securitized and (ii) February 26, 2028. The assumed defeasance lockout period of 29 payments is based on the closing date of the Benchmark 2025-V16 transaction in August 2025. The actual defeasance lockout period may be longer. |
| (80) | The mortgaged property consists of a leasehold interest under a ground lease by and between the borrower, 200 Elm Partners BH LLC, as ground tenant, and 200 Elm Street Ground Owner LLC, as ground lessor. The ground lease commenced on December 1, 2021 for a 98-year term through November 30, 2119. The current rent for the ground lease is $3,077,503 per year. The ground lease rental rate will increase 2% each year, with the exception of a fixed rent consumer price index ("CPI") adjustment year, which occurs every 10 years (starting December 1, 2032) when the rental rate will increase by the CPI adjustment. The ground rent will increase to $3,139,053 as of December 1, 2025. |
| (81) | The Third Largest Tenant, Henkel, has the right to terminate its lease for an R&D space (approximately 20,000 square feet) on September 30, 2027 upon 15 months' prior written notice and the payment of a termination fee. The preceding termination option does not apply to Henkel's office space lease (approximately 80,000 square feet). |
| (82) | If the Second Largest Tenant, Deloitte, fails to renew its lease 18 months prior to its lease expiration date, the related loan documents require that all excess cash flow be reserved effective on the monthly payment date in April 2028. If the borrower posts a letter of credit in the amount of $5,450,000 on or before the monthly payment date in April 2028, then the reserve for excess cash flow related to Deloitte's failure to renew would instead be required to commence on the monthly payment date in October 2028. |

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(83) The
 borrower reserved approximately $6,695,378 with the lender in a reserve for free rent for the following tenants: (i) $198,734 for
 Ascot; (ii) $204,434 for RSM; (iii) $501,085 for Tudor; and (iv) $5,791,125 for Indeed.

(84) A
 parent entity of the borrower obtained a preferred equity investment at origination (the "Pref Investment") from USC
 200 Elm LLC, a Delaware limited liability company, an affiliate of Urban Standard Equity (the "Pref Investor"). An affiliate
 of the borrower sponsor, 200 Elm Partners BH Investor LLC, a Delaware limited liability company (the "Common Member")
 and the Pref Investor entered into a joint venture agreement for 200 Elm Partners BH Preferred JV LLC (the "Holdco").
 Holdco owns 100% of the indirect equity interests in the borrower. The joint venture agreement provides that the Pref Investment:
 (i) is in the amount of $17,500,000, (ii) has a regular interest rate of 18% and during a Performance Trigger Event (as defined below),
 25%; (iii) has a mandatory redemption date on the Mortgage Loan maturity date; (iv) requires a minimum multiple return of 1.40x the
 Pref Investment amount and after the occurrence of a default under the Pref Investment agreement, the ground lease or the Mortgage
 Loan agreement, 2.00x the Pref Investment amount; (v) requires an exit fee of 1%; (vi) has monthly amortization payments
 of $166,666.67 from April 6, 2025 to March 6, 2026, $229,166.67 from April 6, 2026 to March 6, 2027, $416,666.67 from
 April 6, 2027 to March 6, 2029, and $229,166.67 from April 6, 2029 through March 6, 2030, (provided that if on or prior
 to June 26, 2028 Deloitte renews its lease upon terms set forth in the joint venture agreement (or a replacement tenant enters into
 a replacement lease), then amortization payments are not made for the period from June 26, 2028 through the earlier of April 26,
 2029 and the date on which Deloitte (or such replacement tenant) is paid or reimbursed tenant improvement costs in an amount not
 less than $5,000,000; (vi) is entitled to receive payment of servicing fees ($18,000 per annum) and costs incurred by the Pref Investor,
 (vii) has consent rights over specified major decisions relating to Holdco or the borrower, including, without limitation,
 incurring further loans, transferring the mortgaged property, entering into certain material contracts or leases, instituting or
 settling litigation, filing for bankruptcy, amending, extending or terminating the ground lease, and decisions relating to property
 management and (viii) may take control of the Holdco upon a Mortgage Loan event of default or ground lease event of default . In
 addition, the JV agreement allows the Pref Investor to force a sale of the mortgaged property in the event of a Performance Trigger
 Event. A "Performance Trigger Event" includes, without limitation, a mortgage loan or ground lease default,
 certain negative acts by the principals of the Common Member, the failure of the Pref Investor to receive distributions when due
 to it, a major decision being made without the required Pref Investor consent and other breaches of the joint venture agreement. The
 Mortgage Loan permits the Pref Investor to take control of the borrower, provided certain conditions are satisfied, including that
 the Pref Investor must cure all defaults under the Mortgage Loan and the ground lease, the Pref Investor must be a Qualified Transferee
 (as defined in the loan documents) and the Pref Investor must provide a guaranty and environmental indemnity agreement from a guarantor
 whose identity, experience, financial condition and creditworthiness are acceptable to the lender.

(85) The
 borrower reserved approximately $17,565,353 with the lender in a reserve for contractual tenant improvements for the following tenants:
 (i) $2,303,100 for Web-ster; (ii) $682,404 for Ascot; (iii) $461,684 for Tudor; (iv) $259,440 for RSM; (v) $863,265 for Diageo, and
 (vi) $12,995,460 for Indeed.

(86) The
 mortgaged property is currently 69.7% occupied, but 92.0% leased. The Largest Tenant, Indeed, is currently building out its space
 and is expected take occupancy in the fourth quarter of 2025.

(87) The
 increase from Most Recent NOI to UW NOI is primarily attributable to the General Services Administration - IRS executing a lease
 as to which rent is expected to commence in May 2026.

(88) The
 Fourth Largest Tenant at the mortgaged property, General Services Administration - IRS, is not yet in occupancy and its space is
 currently being built out. Rent under the IRS lease is expected to commence in May 2026 with a current lease term through April 2038
 (based on the expected rent commencement date). At origination, $12,999,018 was reserved for unfunded obligations and $1,944,408
 for gap rent in relation to the IRS space.

(89) Defeasance
 of the entire Gateway Industrial Center Whole Loan is permitted at any time after the earlier to occur of (a) the end of the two-year
 period commencing on the closing date of the securitization of the last promissory note representing a portion of the Gateway Industrial
 Center Whole Loan to be securitized and (b) June 9, 2028. The assumed defeasance lockout period of 26 payments is based on the anticipated
 closing date of the Benchmark 2025-V16 Securitization in August of 2025. The actual lockout period may be longer.

(90) The
 Fourth Largest Tenant at the mortgaged property, General Services Administration - IRS has the option to terminate its lease, in
 whole or in part, at any time on or after the end of the firm term of the lease (which is expected to be April 30, 2034), by providing
 no less than 90 days' prior written notice.

(91) The
 monthly tax reserves are $432,301 from July 2025 through September 2025 and thereafter decrease to 1/12th of the annual real estate
 tax payments that the lender estimates will be payable during the next ensuing 12 months (initially estimated to be approximately
 $117,900).

(92) On
 each monthly payment date the borrower is required to deposit approximately $114,146 into a reserve for future tenant improvements
 and leasing commissions. The monthly deposit will be reduced to $18,023 upon the occurrence of a DMS Trigger Cure. A "DMS Trigger
 Cure" means (A) either (x) not less than 75% of the space leased under the DMS lease as of the origination date has been leased
 pursuant to one or more leases with a term of at least three years, and a base rent equal to or greater than 75% of the annual rent
 payable under the DMS lease as of the origination date, and the applicable tenants are in actual physical occupancy of
 their leased space, there are no contingencies to the effectiveness of each such lease, and each such lease has commenced and a rent
 commencement date has been established, or (y) DMS has renewed its lease in accordance with the terms of the related loan agreement
 for a term of at least three years, and in the case of either (x) or (y), sufficient funds have accumulated in the excess cash flow
 reserve to cover anticipated leasing costs and free rent in connection with such new or renewal lease and (B) the debt yield is at
 least 9.25% for two consecutive calendar quarters.

(93) The
 mortgaged property is a 100% occupied mixed use property comprised of (i) 3 condominium units (garage, retail and professional office)
 within a 31 story building and (ii) an adjoining 3-story building containing both commercial and multifamily space, totaling 26,962
 SF and 58 parking spaces. The 1460 1st Avenue building is comprised of a multifamily component that includes 8 residential units
 master leased to a borrower sponsor affiliate and a commercial component leased to a school, and the 404 East 76th Street property
 is comprised of three condominium units located at the ground floor and lower level that are comprised of a garage unit, retail unit
 and professional office unit.

(94) The
 mortgaged property is in part comprised of eight residential units master leased at rates approximately 39% below market basis to
 Classic New York Residences (17% of NRA; 10.9% of UW Rent), an affiliate of the borrower sponsor, RFR.

(95) The
 mortgaged property is comprised of (i) 79,164 square feet of office space (53.4% of NRA), (ii) 69,078 square feet of retail space
 (46.6% NRA), (iii) 171 sub-cellar parking spaces leased to Nagle Parking and (iv) 112 ground-level parking spaces leased to ODA Health.

(96) The
 lockout period will be at least 27 payment dates beginning with and including the first payment date on June 6, 2025. Defeasance
 of the whole loan in full (but not in part) is permitted at any time following the earlier to occur of (i) April 24, 2028 or (ii)
 the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized.
 The assumed lockout period of 27 payments is based on the expected Benchmark 2025-V16 securitization trust closing date in August
 2025. The actual lockout period may be longer.

(97) Historical
 financial information is not available prior to the most recent period because the mortgaged property was built in 2023.

(98) The
 second largest tenant, ODA Health, leases both office space and parking space at the mortgaged property. ODA Health has no termination
 options as it pertains to its office space. ODA Health has a one-time right to terminate its lease on the parking space on March
 25, 2027, in the event that the borrower sponsors have not obtained the approvals necessary to change the use of this parking space
 to office. The borrower sponsors estimate to receive full approval for the conversion by the fourth quarter of 2025.

(99) The
 mortgaged property benefits from a 25-year ICAP tax abatement through 2048, with a 30.26% office exemption with inflation protection
 for 25 years and a 69.74% retail exemption with inflation protection for 15 years. The ICAP provides for an annual abatement amount
 of approximately $2,470,315, which is applied as a credit to the borrower's ongoing tax liability. If the ICAP tax abatement
 benefits are not maintained for the mortgaged property at any time, the Mortgage Loan will become fully recourse to borrower and
 borrower sponsors. The unabated taxes for the tax year 2025/2026 are $2,756,094 versus the underwritten taxes of $285,780.

(100) The
 increase in Underwritten Net Operating Income from the Most Recent Net Operating Income is primarily due to the recent lease-up and
 stabilization of the 347-363 Flushing Avenue Property.

(101) The
 Mortgage Loan is part of a Whole Loan that was co-originated by Starwood Mortgage Capital LLC and BMO.

(102) The
 Appraised Value ($) represents the "As Is (Extraordinary Assumption)" value of the mortgaged property assuming the $800,000
 upfront PIP funds have been fully escrowed and will be available to finance the proposed capital improvements at the mortgaged property.

(103) The
 borrower is required to deposit into the replacement reserve account, on each monthly payment date, an amount equal to one twelfth
 of the greater of (a) four percent of the projected annual gross income from operations of the mortgaged property as set forth in
 the approved annual budget and (b) the amount required by franchisor pursuant to the franchise agreement ("FF&E Reserve
 Monthly Deposit"). The FF&E Reserve Monthly Deposit as of closing is $13,266.75 and at no time the FF&E Reserve Monthly
 Deposit will be less than $13,266.75.

(104) The
 mortgaged property includes 30 residential units, representing approximately 15.1% of the net rentable square footage at the mortgaged
 property and 13.1% of the underwritten rent, which are leased to tenants who use Section 8 vouchers.

(105) The
 borrower was required at origination to deposit $50,000 into the replacement reserve account. Upon the reserve balance falling below
 $25,000, the borrower is required to fund $1,667 per month into the replacement reserve account until the replacement
 reserve balance reaches $50,000.

(106) The
 mortgaged property includes two retail condominium units. Unit 1 is 2,170 square feet, and Unit 2 is 725 square feet, for a combined
 total of 2,895 square feet. The overall condominium is comprised of 13 total units: one garage unit, two commercial units (which
 serve as collateral for the mortgage loan), and ten residential units. The condominium units that are collateral for the mortgage
 loan have a combined total interest of 5.2309% (individually 3.8533% for commercial unit 1, and 1.3776% for commercial Unit 2) in
 the condominium. The condominium board is comprised of seven board members, of which five board members are appointed or elected
 by the residential unit owners and two board members are appointed or elected by the commercial unit owners.

(107) The
 borrowers for the mortgage loan, which own the mortgaged property as tenants-in-common, are Shinbone Alley Associates, LLC (the "Shinbone
 Borrower") and Glendale Manor Owner LLC (the "Glendale Borrower"). The Glendale Borrower is ultimately controlled
 by four individuals, Andrew Wrublin, (who is the guarantor for the mortgage loans), Daniel Wrublin, Daniel V. Mickelson, and Raul
 Valencia, who are the managing members of the Glendale Borrower's sole member's manager. The Shinbone Borrower is ultimately
 controlled by Andrew Wrublin.