# EDGAR Filing Document

**Accession Number:** 0002061934
**File Stem:** 0001539497-25-002361
**Filing Date:** 2025-9
**Character Count:** 989831
**Document Hash:** 2ca5c564ff1db8b8159a96bd1059c2c4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001539497-25-002361.hdr.sgml**: 20250915

**ACCESSION NUMBER**: 0001539497-25-002361

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250915

**DATE AS OF CHANGE**: 20250915

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMO 2025-5C12 Mortgage Trust
- **CENTRAL INDEX KEY:** 0002061934
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-280224-09
- **FILM NUMBER:** 251314212

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2128854000

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BMO Commercial Mortgage Securities LLC
- **CENTRAL INDEX KEY:** 0001861132
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 862713125
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036
- **BUSINESS PHONE:** 2128854000

**MAIL ADDRESS:**
- **STREET 1:** 151 WEST 42ND STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10036

---

| |
|:---|
| &nbsp;&nbsp;FREE WRITING PROSPECTUS |
| &nbsp;&nbsp;FILED PURSUANT TO RULE 433 |
| &nbsp;&nbsp;REGISTRATION FILE NO.: 333-280224-09 |

---

**BMO 2025-5C12 Disclaimer**

<u>STATEMENT REGARDING THIS FREE WRITING PROSPECTUS</u>

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (''SEC'') (file no. 333-280224) for the offering to which this communication 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 BMO Capital Markets Corp., any other underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-888-200-0266 (8 a.m. – 5 p.m. EST).

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

<u>STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION</u>

The attached information contains certain tables and other statistical analyses (the "Computational Materials") which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials' accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of BMO Capital Markets Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., KeyBanc Capital Markets Inc., UBS Securities LLC, Academy Securities, Inc., Bancroft Capital, LLC, Drexel Hamilton, LLC, Mischler Financial Group, Inc. and Natixis Securities Americas LLC. or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management's views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words "expects", "intends", "anticipates", "estimates" and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

<u>IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES</u>

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

<u>IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS</u> 

Any legends, disclaimers or other notices that may appear at the bottom of any 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) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are 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.

**BMO 2025-5C12**

**Annex A**

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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;**% 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;**25** |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;9.99% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;251 Park Avenue South |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1-170 Spring Valley Market Place |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;6.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;DBRI | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;300, 400 and 500 Warren Corporate Center Drive and 271, 273, 275, 281, 283, 285 and 289 King George Road |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;5.6% |  | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;1.9% | &nbsp;&nbsp;33.8% |  |  |  |  | &nbsp;&nbsp;391 Georgia Highway 125 South and 1407 Bill Bowen Road |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;1.8% | &nbsp;&nbsp;31.3% |  |  |  |  | &nbsp;&nbsp;200 Logan Drive |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;0.9% | &nbsp;&nbsp;15.6% |  |  |  |  | &nbsp;&nbsp;191 Railroad Street |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;14.2% |  |  |  |  | &nbsp;&nbsp;609 Dewey Street |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;5.0% |  |  |  |  | &nbsp;&nbsp;3780 Lee Road |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;4.3% |  | &nbsp;&nbsp;SMC | &nbsp;&nbsp;SMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;1.1% | &nbsp;&nbsp;25.1% |  |  |  |  | &nbsp;&nbsp;225 East Bay Street |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;18.2% |  |  |  |  | &nbsp;&nbsp;5 West Jones Street |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;15.6% |  |  |  |  | &nbsp;&nbsp;410 Fleming Street |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;14.9% |  |  |  |  | &nbsp;&nbsp;57 County Road 23C |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;13.6% |  |  |  |  | &nbsp;&nbsp;220 East Gaston Street |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;12.5% |  |  |  |  | &nbsp;&nbsp;123 Habersham Street |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;4.2% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GACC | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;180 Water Street |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;3.9% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4700 Wissahickon Avenue |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;3.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;343 West Schiller Street |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;3.7% |  | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;1.2% | &nbsp;&nbsp;31.7% |  |  |  |  | &nbsp;&nbsp;18602 Clay Road |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;21.2% |  |  |  |  | &nbsp;&nbsp;11802 Lockwood Road |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;19.4% |  |  |  |  | &nbsp;&nbsp;1919 Humble Westfield Road |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;14.8% |  |  |  |  | &nbsp;&nbsp;18602 Clay Road |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;12.8% |  |  |  |  | &nbsp;&nbsp;11991 South Main Street |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;3.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;321-325 West 42nd Street |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;2.9% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;DBRI | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;19 West 31st Street |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;2.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;138 Leopard Road and 160 Cougar Street |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;2.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2, CREFI | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;12601 and 12701 Southfield Freeway |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;2.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;DBRI | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;45 Northeast 41st Street |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;2.0% |  | &nbsp;&nbsp;Natixis | &nbsp;&nbsp;Natixis | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;1.1% | &nbsp;&nbsp;52.3% |  |  |  |  | &nbsp;&nbsp;4290-4296 Richardson Road |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;1.0% | &nbsp;&nbsp;47.7% |  |  |  |  | &nbsp;&nbsp;2550 Schmidt Lane & 2521 High Street |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;1.9% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9919, 9925 and 9963 East Baseline Road |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;1.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;22 Milford Street |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;1.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1000 Portside Drive |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;1.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GSC2 | &nbsp;&nbsp;GCMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;401 North Washington Street |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;1.7% |  | &nbsp;&nbsp;GSC2 | &nbsp;&nbsp;GCMC | &nbsp;&nbsp;Group 2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;24.9% |  |  |  |  | &nbsp;&nbsp;131 Bolin Road and 208 Laurin Drive |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;20.1% |  |  |  |  | &nbsp;&nbsp;711 Leasburg Road |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;14.4% |  |  |  |  | &nbsp;&nbsp;148 Sunnybrook Lane |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;13.7% |  |  |  |  | &nbsp;&nbsp;1904 North William Street |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;13.5% |  |  |  |  | &nbsp;&nbsp;1754 Zion Road |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;5.6% |  |  |  |  | &nbsp;&nbsp;216 Second Avenue Southeast |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;4.2% |  |  |  |  | &nbsp;&nbsp;2353 US-70 West |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;3.6% |  |  |  |  | &nbsp;&nbsp;1535 Racepath Church Road |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;SMC | &nbsp;&nbsp;SMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7 Slater Drive aka 89-147 Atalanta Plaza |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;1.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;MSBNA, JPMCB, BMO, GSBI | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;11 Fan Pier Boulevard and 50 Northern Avenue |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;1.5% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;SMC | &nbsp;&nbsp;SMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;219 and 221 South 4th Street |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;1.5% |  | &nbsp;&nbsp;CREFI, BANA, MSMCH, BMO, RBC, UBS AG | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;5.6% |  |  |  |  | &nbsp;&nbsp;996 Paragon Way |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;4.2% |  |  |  |  | &nbsp;&nbsp;91-399 Kauhi Street |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;3.5% |  |  |  |  | &nbsp;&nbsp;11224 Will Walker Road |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;0.1% | &nbsp;&nbsp;3.4% |  |  |  |  | &nbsp;&nbsp;10450 Doral Boulevard |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;3.1% |  |  |  |  | &nbsp;&nbsp;1580, 1590 and 1600 Williams Road |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;3.1% |  |  |  |  | &nbsp;&nbsp;32150 Just Imagine Drive |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.9% |  |  |  |  | &nbsp;&nbsp;6850 Weber Boulevard |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.8% |  |  |  |  | &nbsp;&nbsp;1341 North Clyde Morris Boulevard |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.7% |  |  |  |  | &nbsp;&nbsp;27200 Southwest 127th Avenue |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.6% |  |  |  |  | &nbsp;&nbsp;7410 Magi Road |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.5% |  |  |  |  | &nbsp;&nbsp;2375 East Newlands Road |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.4% |  |  |  |  | &nbsp;&nbsp;3800 Midlink Drive |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.3% |  |  |  |  | &nbsp;&nbsp;13509 Waterworks Street |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.3% |  |  |  |  | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.2% |  |  |  |  | &nbsp;&nbsp;91-141 Kalaeloa Boulevard |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.1% |  |  |  |  | &nbsp;&nbsp;9860 West Buckeye Road |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;2.0% |  |  |  |  | &nbsp;&nbsp;125 North Troy Hill Road |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;11900 Trolley Lane |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;11501 Wilkinson Drive |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.5% |  |  |  |  | &nbsp;&nbsp;2300 North 33rd Avenue East |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.4% |  |  |  |  | &nbsp;&nbsp;5001 West Delbridge Street |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.4% |  |  |  |  | &nbsp;&nbsp;91-238 Kauhi Street |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.3% |  |  |  |  | &nbsp;&nbsp;1892 Anfield Road |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.3% |  |  |  |  | &nbsp;&nbsp;9215-9347 East Pendleton Pike |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.3% |  |  |  |  | &nbsp;&nbsp;955 Aeroplaza Drive |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.2% |  |  |  |  | &nbsp;&nbsp;3155 Grissom Parkway |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.2% |  |  |  |  | &nbsp;&nbsp;3502 Enterprise Avenue |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.1% |  |  |  |  | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.1% |  |  |  |  | &nbsp;&nbsp;700 Marine Drive |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.1% |  |  |  |  | &nbsp;&nbsp;3245 Henry Road and 3185 Columbia Road |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;2701 Southwest 18th Street |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;2482 Century Drive |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;158 West Yard Road |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;55 Commerce Avenue |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;1415 West Commerce Way |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**25** |  |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;1.0% |  |  |  |  | &nbsp;&nbsp;1095 South 4800 West |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;950 Bennett Road |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;985 West Kershaw Street |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;1980 Hood Road |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.9% |  |  |  |  | &nbsp;&nbsp;17200 Manchac Park Lane |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;7409 Magi Road |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;91-329 Kauhi Street |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;1985 International Way |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;200 Orange Point Drive |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.8% |  |  |  |  | &nbsp;&nbsp;91-241 Kalaeloa Boulevard |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;2311 South Park Road |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;2820 State Highway 31 |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;8000 Mid America Boulevard |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;14257 East Easter Avenue |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.7% |  |  |  |  | &nbsp;&nbsp;91-080 Hanua Street |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;3736 Salisbury Road |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;91-027 Kaomi Loop |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;150 Greenhorn Drive |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;7130 Q Street |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;235 Great Pond Road |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;0.6% |  |  |  |  | &nbsp;&nbsp;510 Production Avenue |
| &nbsp;&nbsp;24.57 | &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;24.58 | &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;24.59 | &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;24.6 | &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;24.61 | &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;24.62 | &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;24.63 | &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;24.64 | &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;24.65 | &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;24.66 | &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;24.67 | &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;24.68 | &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;24.69 | &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;24.7 | &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;24.71 | &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;24.72 | &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;24.73 | &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;24.74 | &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;24.75 | &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;24.76 | &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;24.77 | &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;24.78 | &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;24.79 | &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;24.8 | &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;24.81 | &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;24.82 | &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 |
| &nbsp;&nbsp;24.83 | &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;24.84 | &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;24.85 | &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;24.86 | &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;24.87 | &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;24.88 | &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;24.89 | &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;24.9 | &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;24.91 | &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;24.92 | &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;24.93 | &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;24.94 | &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;24.95 | &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;24.96 | &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;24.97 | &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;24.98 | &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;24.99 | &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;24.1 | &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;24.101 | &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;24.102 | &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;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;1.5% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;658, 660, 662 and 664 East 232nd Street |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;1.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;CREFI | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;30-58 and 30-64 34th Street |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;1.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;214 Napoleon Road |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;1.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank, AREF2 | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4401 Glenview Court |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;1.2% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;SMC | &nbsp;&nbsp;SMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;27 Brighton 11th Street |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;1.2% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6436 Highway 90 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;1.0% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;Group 1 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6111 Ox Road and 10910 Clara Barton Drive |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;1.0% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GACC | &nbsp;&nbsp;GACC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;201 1st Street |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;0.9% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;Group 2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;11 Riverplace Drive |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;GSC2 | &nbsp;&nbsp;GCMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;340 Broadway |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;245-315 Palisades Avenue |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;BMO | &nbsp;&nbsp;BMO | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6100 Rockside Woods Boulevard |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;Group 1 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;11231 FM 1464 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;116 St. Marks Place |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;Group 1 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6678 East County Line Road |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;0.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3901 Jack Northrop Avenue |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;0.5% |  | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;Group 3 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;0.3% | &nbsp;&nbsp;60.3% |  |  |  |  | &nbsp;&nbsp;1220 Boylston Avenue |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;0.2% | &nbsp;&nbsp;39.7% |  |  |  |  | &nbsp;&nbsp;1519 East Howell Street |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;UBS AG | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;41 North Main Street |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;KeyBank | &nbsp;&nbsp;Group 1 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;18875 Katy Freeway |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;AREF2 | &nbsp;&nbsp;Group 3 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;307 Queen Anne Avenue North |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;SMC | &nbsp;&nbsp;SMC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1930 South Ridgewood Avenue |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Unit of Measure** |
|  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** |  |  | &nbsp;&nbsp;**3** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10010 | &nbsp;&nbsp;Office | &nbsp;&nbsp;CBD | &nbsp;&nbsp;1910 | &nbsp;&nbsp;2015 | &nbsp;&nbsp;120594 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;Spring Valley | &nbsp;&nbsp;Rockland | &nbsp;&nbsp;NY | &nbsp;&nbsp;10977 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Anchored | &nbsp;&nbsp;1989 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;227091 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;Warren | &nbsp;&nbsp;Somerset | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07059 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;1996 | &nbsp;&nbsp;2024-2025 | &nbsp;&nbsp;518260 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC 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;703 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;Tifton | &nbsp;&nbsp;Tift | &nbsp;&nbsp;GA | &nbsp;&nbsp;31794 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1994 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;250 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;Phenix City | &nbsp;&nbsp;Russell | &nbsp;&nbsp;AL | &nbsp;&nbsp;36869 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1993 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;201 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;Enigma | &nbsp;&nbsp;Berrien | &nbsp;&nbsp;GA | &nbsp;&nbsp;31749 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1935, 1972-2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;118 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;Sylvester | &nbsp;&nbsp;Worth | &nbsp;&nbsp;GA | &nbsp;&nbsp;31791 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;2000 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;100 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;Opelika | &nbsp;&nbsp;Lee | &nbsp;&nbsp;AL | &nbsp;&nbsp;36804 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1980 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;34 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;115 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;Savannah | &nbsp;&nbsp;Chatham | &nbsp;&nbsp;GA | &nbsp;&nbsp;31401 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Full Service | &nbsp;&nbsp;1852 | &nbsp;&nbsp;1984 | &nbsp;&nbsp;28 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;Savannah | &nbsp;&nbsp;Chatham | &nbsp;&nbsp;GA | &nbsp;&nbsp;31401 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Full Service | &nbsp;&nbsp;1847 | &nbsp;&nbsp;1986 | &nbsp;&nbsp;25 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;Key West | &nbsp;&nbsp;Monroe | &nbsp;&nbsp;FL | &nbsp;&nbsp;33040 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Limited Service | &nbsp;&nbsp;1928 | &nbsp;&nbsp;2021-2024 | &nbsp;&nbsp;12 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;Tannersville | &nbsp;&nbsp;Greene | &nbsp;&nbsp;NY | &nbsp;&nbsp;12485 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Limited Service | &nbsp;&nbsp;1945 | &nbsp;&nbsp;2022 | &nbsp;&nbsp;20 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;Savannah | &nbsp;&nbsp;Chatham | &nbsp;&nbsp;GA | &nbsp;&nbsp;31401 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Full Service | &nbsp;&nbsp;1868 | &nbsp;&nbsp;1985 | &nbsp;&nbsp;17 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;Savannah | &nbsp;&nbsp;Chatham | &nbsp;&nbsp;GA | &nbsp;&nbsp;31401 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Full Service | &nbsp;&nbsp;1892 | &nbsp;&nbsp;1992 | &nbsp;&nbsp;13 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10038 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;1971 | &nbsp;&nbsp;2017 | &nbsp;&nbsp;581 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;Philadelphia | &nbsp;&nbsp;Philadelphia | &nbsp;&nbsp;PA | &nbsp;&nbsp;19144 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Office/Industrial | &nbsp;&nbsp;1926 | &nbsp;&nbsp;2006 | &nbsp;&nbsp;677766 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;Chicago | &nbsp;&nbsp;Cook | &nbsp;&nbsp;IL | &nbsp;&nbsp;60610 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;2020 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;105 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1061 | &nbsp;&nbsp;Various |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77084 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;RV Park | &nbsp;&nbsp;2011 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;196 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77044 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;RV Park | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;241 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77073 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;RV Park | &nbsp;&nbsp;2012 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;229 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77084 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2011 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;303 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77035 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;RV Park | &nbsp;&nbsp;2021 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;92 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10036 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1920 | &nbsp;&nbsp;1995 | &nbsp;&nbsp;36 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10001 | &nbsp;&nbsp;Hospitality | &nbsp;&nbsp;Select Service | &nbsp;&nbsp;1894 | &nbsp;&nbsp;2017 | &nbsp;&nbsp;98 | &nbsp;&nbsp;Rooms |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;Rhome | &nbsp;&nbsp;Wise | &nbsp;&nbsp;TX | &nbsp;&nbsp;76078 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse | &nbsp;&nbsp;2023 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;150000 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &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, and 2022 | &nbsp;&nbsp;2020-2023 | &nbsp;&nbsp;1441839 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;Miami | &nbsp;&nbsp;Miami-Dade | &nbsp;&nbsp;FL | &nbsp;&nbsp;33137 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Single Tenant | &nbsp;&nbsp;2020 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8370 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Kenton | &nbsp;&nbsp;KY | &nbsp;&nbsp;Various | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;165432 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;Independence | &nbsp;&nbsp;Kenton | &nbsp;&nbsp;KY | &nbsp;&nbsp;41051 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2000 | &nbsp;&nbsp;2015 | &nbsp;&nbsp;92901 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;Crescent Springs | &nbsp;&nbsp;Kenton | &nbsp;&nbsp;KY | &nbsp;&nbsp;41017 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2018 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;72531 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;Mesa | &nbsp;&nbsp;Maricopa | &nbsp;&nbsp;AZ | &nbsp;&nbsp;85209 | &nbsp;&nbsp;Retail | &nbsp;&nbsp;Anchored | &nbsp;&nbsp;2004 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;83743 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;Brooklyn | &nbsp;&nbsp;Kings | &nbsp;&nbsp;NY | &nbsp;&nbsp;11208 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Low Rise | &nbsp;&nbsp;1930 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;43 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;Edgewater | &nbsp;&nbsp;Bergen | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07020 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;High Rise | &nbsp;&nbsp;2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;86 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;Green Bay | &nbsp;&nbsp;Brown | &nbsp;&nbsp;WI | &nbsp;&nbsp;54301 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;2015 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;77 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Various | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP | &nbsp;&nbsp;365 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;Blacksburg | &nbsp;&nbsp;Cherokee | &nbsp;&nbsp;SC | &nbsp;&nbsp;29702 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;2001 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;96 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;Roxboro | &nbsp;&nbsp;Person | &nbsp;&nbsp;NC | &nbsp;&nbsp;27573 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1970 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;86 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;Ellenboro | &nbsp;&nbsp;Rutherford | &nbsp;&nbsp;NC | &nbsp;&nbsp;28040 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1989 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;50 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;Goldsboro | &nbsp;&nbsp;Wayne | &nbsp;&nbsp;NC | &nbsp;&nbsp;27530 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1983 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;Morganton | &nbsp;&nbsp;Burke | &nbsp;&nbsp;NC | &nbsp;&nbsp;28655 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1990 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;40 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;Hildebran | &nbsp;&nbsp;Burke | &nbsp;&nbsp;NC | &nbsp;&nbsp;28637 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Multifamily/Manufactured Housing | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;14 | &nbsp;&nbsp;Units/Pads |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;Morganton | &nbsp;&nbsp;Burke | &nbsp;&nbsp;NC | &nbsp;&nbsp;28655 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1990 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;19 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;Mooresboro | &nbsp;&nbsp;Rutherford | &nbsp;&nbsp;NC | &nbsp;&nbsp;28114 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1991 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;13 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;Elizabeth | &nbsp;&nbsp;Union | &nbsp;&nbsp;NJ | &nbsp;&nbsp;07206 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Distribution | &nbsp;&nbsp;1913 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;126519 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;Boston | &nbsp;&nbsp;Suffolk | &nbsp;&nbsp;MA | &nbsp;&nbsp;02210 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Lab/Office | &nbsp;&nbsp;2013 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1134479 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;Brooklyn | &nbsp;&nbsp;Kings | &nbsp;&nbsp;NY | &nbsp;&nbsp;11211 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1905, 1920 | &nbsp;&nbsp;2023-2024 | &nbsp;&nbsp;13 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &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;SF |
| &nbsp;&nbsp;24.01 | &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;SF |
| &nbsp;&nbsp;24.02 | &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;SF |
| &nbsp;&nbsp;24.03 | &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;SF |
| &nbsp;&nbsp;24.04 | &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;SF |
| &nbsp;&nbsp;24.05 | &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;SF |
| &nbsp;&nbsp;24.06 | &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;SF |
| &nbsp;&nbsp;24.07 | &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;SF |
| &nbsp;&nbsp;24.08 | &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;SF |
| &nbsp;&nbsp;24.09 | &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;SF |
| &nbsp;&nbsp;24.1 | &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;SF |
| &nbsp;&nbsp;24.11 | &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;SF |
| &nbsp;&nbsp;24.12 | &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;SF |
| &nbsp;&nbsp;24.13 | &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;SF |
| &nbsp;&nbsp;24.14 | &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;SF |
| &nbsp;&nbsp;24.15 | &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;SF |
| &nbsp;&nbsp;24.16 | &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;SF |
| &nbsp;&nbsp;24.17 | &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;SF |
| &nbsp;&nbsp;24.18 | &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;SF |
| &nbsp;&nbsp;24.19 | &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;SF |
| &nbsp;&nbsp;24.2 | &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;SF |
| &nbsp;&nbsp;24.21 | &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;SF |
| &nbsp;&nbsp;24.22 | &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;SF |
| &nbsp;&nbsp;24.23 | &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;SF |
| &nbsp;&nbsp;24.24 | &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;SF |
| &nbsp;&nbsp;24.25 | &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;SF |
| &nbsp;&nbsp;24.26 | &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;SF |
| &nbsp;&nbsp;24.27 | &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;SF |
| &nbsp;&nbsp;24.28 | &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;SF |
| &nbsp;&nbsp;24.29 | &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;SF |
| &nbsp;&nbsp;24.3 | &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;SF |
| &nbsp;&nbsp;24.31 | &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;SF |
| &nbsp;&nbsp;24.32 | &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;SF |
| &nbsp;&nbsp;24.33 | &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;SF |
| &nbsp;&nbsp;24.34 | &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;SF |
| &nbsp;&nbsp;24.35 | &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;SF |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Unit of Measure** |
|  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;**2** | &nbsp;&nbsp;**2** |  |  | &nbsp;&nbsp;**3** |  |
| &nbsp;&nbsp;24.36 | &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;SF |
| &nbsp;&nbsp;24.37 | &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;SF |
| &nbsp;&nbsp;24.38 | &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;SF |
| &nbsp;&nbsp;24.39 | &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;SF |
| &nbsp;&nbsp;24.4 | &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;SF |
| &nbsp;&nbsp;24.41 | &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;SF |
| &nbsp;&nbsp;24.42 | &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;SF |
| &nbsp;&nbsp;24.43 | &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;SF |
| &nbsp;&nbsp;24.44 | &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;SF |
| &nbsp;&nbsp;24.45 | &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;SF |
| &nbsp;&nbsp;24.46 | &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;SF |
| &nbsp;&nbsp;24.47 | &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;SF |
| &nbsp;&nbsp;24.48 | &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;SF |
| &nbsp;&nbsp;24.49 | &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;SF |
| &nbsp;&nbsp;24.5 | &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;SF |
| &nbsp;&nbsp;24.51 | &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;SF |
| &nbsp;&nbsp;24.52 | &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;SF |
| &nbsp;&nbsp;24.53 | &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;SF |
| &nbsp;&nbsp;24.54 | &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;SF |
| &nbsp;&nbsp;24.55 | &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;SF |
| &nbsp;&nbsp;24.56 | &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;SF |
| &nbsp;&nbsp;24.57 | &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;SF |
| &nbsp;&nbsp;24.58 | &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;SF |
| &nbsp;&nbsp;24.59 | &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;SF |
| &nbsp;&nbsp;24.6 | &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;SF |
| &nbsp;&nbsp;24.61 | &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;SF |
| &nbsp;&nbsp;24.62 | &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;SF |
| &nbsp;&nbsp;24.63 | &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;SF |
| &nbsp;&nbsp;24.64 | &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;SF |
| &nbsp;&nbsp;24.65 | &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;SF |
| &nbsp;&nbsp;24.66 | &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;SF |
| &nbsp;&nbsp;24.67 | &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;SF |
| &nbsp;&nbsp;24.68 | &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;SF |
| &nbsp;&nbsp;24.69 | &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;SF |
| &nbsp;&nbsp;24.7 | &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;SF |
| &nbsp;&nbsp;24.71 | &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;SF |
| &nbsp;&nbsp;24.72 | &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;SF |
| &nbsp;&nbsp;24.73 | &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;SF |
| &nbsp;&nbsp;24.74 | &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;SF |
| &nbsp;&nbsp;24.75 | &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;SF |
| &nbsp;&nbsp;24.76 | &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;SF |
| &nbsp;&nbsp;24.77 | &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;SF |
| &nbsp;&nbsp;24.78 | &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;SF |
| &nbsp;&nbsp;24.79 | &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;SF |
| &nbsp;&nbsp;24.8 | &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;SF |
| &nbsp;&nbsp;24.81 | &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;SF |
| &nbsp;&nbsp;24.82 | &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 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;24.83 | &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;SF |
| &nbsp;&nbsp;24.84 | &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;SF |
| &nbsp;&nbsp;24.85 | &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;SF |
| &nbsp;&nbsp;24.86 | &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;SF |
| &nbsp;&nbsp;24.87 | &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;SF |
| &nbsp;&nbsp;24.88 | &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;SF |
| &nbsp;&nbsp;24.89 | &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;SF |
| &nbsp;&nbsp;24.9 | &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;SF |
| &nbsp;&nbsp;24.91 | &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;SF |
| &nbsp;&nbsp;24.92 | &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;SF |
| &nbsp;&nbsp;24.93 | &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;SF |
| &nbsp;&nbsp;24.94 | &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;SF |
| &nbsp;&nbsp;24.95 | &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;SF |
| &nbsp;&nbsp;24.96 | &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;SF |
| &nbsp;&nbsp;24.97 | &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;SF |
| &nbsp;&nbsp;24.98 | &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;SF |
| &nbsp;&nbsp;24.99 | &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;SF |
| &nbsp;&nbsp;24.1 | &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;SF |
| &nbsp;&nbsp;24.101 | &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;SF |
| &nbsp;&nbsp;24.102 | &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;SF |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;Bronx | &nbsp;&nbsp;Bronx | &nbsp;&nbsp;NY | &nbsp;&nbsp;10466 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Low Rise | &nbsp;&nbsp;2007 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;40 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;Astoria | &nbsp;&nbsp;Queens | &nbsp;&nbsp;NY | &nbsp;&nbsp;11103 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1928 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;70 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;Bowling Green | &nbsp;&nbsp;Wood | &nbsp;&nbsp;OH | &nbsp;&nbsp;43402 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1966 | &nbsp;&nbsp;2019 | &nbsp;&nbsp;190 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;North Richland Hills | &nbsp;&nbsp;Tarrant | &nbsp;&nbsp;TX | &nbsp;&nbsp;76180 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1969 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;241 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;Brooklyn | &nbsp;&nbsp;Kings | &nbsp;&nbsp;NY | &nbsp;&nbsp;11235 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Multifamily/Retail | &nbsp;&nbsp;2024 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;16 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;Milton | &nbsp;&nbsp;Santa Rosa | &nbsp;&nbsp;FL | &nbsp;&nbsp;32570 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1958-1985 | &nbsp;&nbsp;2022 | &nbsp;&nbsp;97 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;Fairfax Station | &nbsp;&nbsp;Fairfax | &nbsp;&nbsp;VA | &nbsp;&nbsp;22032 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;1986 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;63610 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;Petaluma | &nbsp;&nbsp;Sonoma | &nbsp;&nbsp;CA | &nbsp;&nbsp;94952 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Urban | &nbsp;&nbsp;2005 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;47063 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;Greenville | &nbsp;&nbsp;Greenville | &nbsp;&nbsp;SC | &nbsp;&nbsp;29611 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1980 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;90 | &nbsp;&nbsp;Pads |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;New York | &nbsp;&nbsp;Kings | &nbsp;&nbsp;NY | &nbsp;&nbsp;11211 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Low Rise | &nbsp;&nbsp;1930 | &nbsp;&nbsp;2025 | &nbsp;&nbsp;8 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;Bridgeport | &nbsp;&nbsp;Fairfield | &nbsp;&nbsp;CT | &nbsp;&nbsp;06610 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Garden | &nbsp;&nbsp;1918 | &nbsp;&nbsp;2015 | &nbsp;&nbsp;93 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;Independence | &nbsp;&nbsp;Cuyahoga | &nbsp;&nbsp;OH | &nbsp;&nbsp;44131 | &nbsp;&nbsp;Office | &nbsp;&nbsp;Suburban | &nbsp;&nbsp;1980 | &nbsp;&nbsp;2023 | &nbsp;&nbsp;77857 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;Richmond | &nbsp;&nbsp;Fort Bend | &nbsp;&nbsp;TX | &nbsp;&nbsp;77407 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2009 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;71658 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;New York | &nbsp;&nbsp;New York | &nbsp;&nbsp;NY | &nbsp;&nbsp;10009 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1900 | &nbsp;&nbsp;2019 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;Highlands Ranch | &nbsp;&nbsp;Douglas | &nbsp;&nbsp;CO | &nbsp;&nbsp;80126 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;1995 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;50440 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;Hawthorne | &nbsp;&nbsp;Los Angeles | &nbsp;&nbsp;CA | &nbsp;&nbsp;90250 | &nbsp;&nbsp;Industrial | &nbsp;&nbsp;Warehouse/Manufacturing/Flex | &nbsp;&nbsp;1939-1984, 2016 | &nbsp;&nbsp;2024 | &nbsp;&nbsp;1402312 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;Seattle | &nbsp;&nbsp;King | &nbsp;&nbsp;WA | &nbsp;&nbsp;Various | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Low Rise | &nbsp;&nbsp;Various | &nbsp;&nbsp;NAP | &nbsp;&nbsp;31 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;Seattle | &nbsp;&nbsp;King | &nbsp;&nbsp;WA | &nbsp;&nbsp;98101 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Low Rise | &nbsp;&nbsp;1905 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;22 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;Seattle | &nbsp;&nbsp;King | &nbsp;&nbsp;WA | &nbsp;&nbsp;98122 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Low Rise | &nbsp;&nbsp;1926 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;Norwalk | &nbsp;&nbsp;Fairfield | &nbsp;&nbsp;CT | &nbsp;&nbsp;06854 | &nbsp;&nbsp;Mixed Use | &nbsp;&nbsp;Multifamily/Office | &nbsp;&nbsp;1912 | &nbsp;&nbsp;2025 | &nbsp;&nbsp;8813 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;Houston | &nbsp;&nbsp;Harris | &nbsp;&nbsp;TX | &nbsp;&nbsp;77094 | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;Self Storage | &nbsp;&nbsp;2010 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;60555 | &nbsp;&nbsp;SF |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;Seattle | &nbsp;&nbsp;King | &nbsp;&nbsp;WA | &nbsp;&nbsp;98109 | &nbsp;&nbsp;Multifamily | &nbsp;&nbsp;Mid Rise | &nbsp;&nbsp;1925 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;24 | &nbsp;&nbsp;Units |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;South Daytona | &nbsp;&nbsp;Volusia | &nbsp;&nbsp;FL | &nbsp;&nbsp;32119 | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;Manufactured Housing | &nbsp;&nbsp;1971 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;56 | &nbsp;&nbsp;Pads |

---

**BMO 2025-5C12**

**Annex A**

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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;**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;**6, 7** | &nbsp;&nbsp;**6, 7** | &nbsp;&nbsp;**6, 7** |  | &nbsp;&nbsp;**8** |  | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**9** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;528.63 | &nbsp;&nbsp;63750000 | &nbsp;&nbsp;63750000 | &nbsp;&nbsp;63750000 | &nbsp;&nbsp;6.67000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.65003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;359265.19 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;246.60 | &nbsp;&nbsp;56000000 | &nbsp;&nbsp;56000000 | &nbsp;&nbsp;56000000 | &nbsp;&nbsp;6.31000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.29003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;298556.48 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;192.95 | &nbsp;&nbsp;40000000 | &nbsp;&nbsp;40000000 | &nbsp;&nbsp;40000000 | &nbsp;&nbsp;7.76500% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;7.74503% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;262428.24 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;51209.10 | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;6.50000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.48003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;197708.33 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  | &nbsp;&nbsp;12175000 | &nbsp;&nbsp;12175000 | &nbsp;&nbsp;12175000 |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  | &nbsp;&nbsp;11275000 | &nbsp;&nbsp;11275000 | &nbsp;&nbsp;11275000 |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  | &nbsp;&nbsp;5625000 | &nbsp;&nbsp;5625000 | &nbsp;&nbsp;5625000 |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  | &nbsp;&nbsp;5125000 | &nbsp;&nbsp;5125000 | &nbsp;&nbsp;5125000 |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1800000 | &nbsp;&nbsp;1800000 |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;239130.43 | &nbsp;&nbsp;27500000 | &nbsp;&nbsp;27500000 | &nbsp;&nbsp;26280560 | &nbsp;&nbsp;7.80000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;7.78003% | &nbsp;&nbsp;197964.39 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  | &nbsp;&nbsp;6900000 | &nbsp;&nbsp;6900000 | &nbsp;&nbsp;6594031 |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;4778284 |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  | &nbsp;&nbsp;4300000 | &nbsp;&nbsp;4300000 | &nbsp;&nbsp;4109324 |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;3918193 |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  | &nbsp;&nbsp;3750000 | &nbsp;&nbsp;3750000 | &nbsp;&nbsp;3583713 |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  | &nbsp;&nbsp;3450000 | &nbsp;&nbsp;3450000 | &nbsp;&nbsp;3297016 |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;254733.22 | &nbsp;&nbsp;27000000 | &nbsp;&nbsp;27000000 | &nbsp;&nbsp;27000000 | &nbsp;&nbsp;5.33300% | &nbsp;&nbsp;0.01912% | &nbsp;&nbsp;5.31388% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;121659.06 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;36.89 | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;5.94500% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;5.92503% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;125574.36 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;230476.19 | &nbsp;&nbsp;24200000 | &nbsp;&nbsp;24200000 | &nbsp;&nbsp;24200000 | &nbsp;&nbsp;6.60720% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.58723% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;135095.83 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;22111.22 | &nbsp;&nbsp;23460000 | &nbsp;&nbsp;23460000 | &nbsp;&nbsp;23460000 | &nbsp;&nbsp;6.81000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;6.78128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;134984.60 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  | &nbsp;&nbsp;7440000 | &nbsp;&nbsp;7440000 | &nbsp;&nbsp;7440000 |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  | &nbsp;&nbsp;4980000 | &nbsp;&nbsp;4980000 | &nbsp;&nbsp;4980000 |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  | &nbsp;&nbsp;4560000 | &nbsp;&nbsp;4560000 | &nbsp;&nbsp;4560000 |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  | &nbsp;&nbsp;3480000 | &nbsp;&nbsp;3480000 | &nbsp;&nbsp;3480000 |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;3000000 |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;638888.89 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;5.95500% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;5.93503% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;115722.74 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;188775.51 | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;7.31900% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;7.29903% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;114401.73 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;114.80 | &nbsp;&nbsp;17220000 | &nbsp;&nbsp;17220000 | &nbsp;&nbsp;17220000 | &nbsp;&nbsp;6.55000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;6.52128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;95297.95 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;64.50 | &nbsp;&nbsp;15250000 | &nbsp;&nbsp;15250000 | &nbsp;&nbsp;15250000 | &nbsp;&nbsp;6.74000% | &nbsp;&nbsp;0.02122% | &nbsp;&nbsp;6.71878% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;86843.81 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;1792.11 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;6.61700% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.59703% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;83861.29 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;78.58 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;6.45000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.43003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;70845.49 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  | &nbsp;&nbsp;6800000 | &nbsp;&nbsp;6800000 | &nbsp;&nbsp;6800000 |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  | &nbsp;&nbsp;6200000 | &nbsp;&nbsp;6200000 | &nbsp;&nbsp;6200000 |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;143.00 | &nbsp;&nbsp;11975000 | &nbsp;&nbsp;11975000 | &nbsp;&nbsp;11975000 | &nbsp;&nbsp;7.01000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.99003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;70925.54 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;258139.53 | &nbsp;&nbsp;11100000 | &nbsp;&nbsp;11100000 | &nbsp;&nbsp;11100000 | &nbsp;&nbsp;6.98000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.96003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;65461.74 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;418604.65 | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;6.23500% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.21503% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;57947.97 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;139610.39 | &nbsp;&nbsp;10750000 | &nbsp;&nbsp;10750000 | &nbsp;&nbsp;10750000 | &nbsp;&nbsp;6.52000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.50003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;59219.56 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;29041.10 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;10600000 | &nbsp;&nbsp;6.85000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.83003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;61348.73 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  | &nbsp;&nbsp;2640000 | &nbsp;&nbsp;2640000 | &nbsp;&nbsp;2640000 |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  | &nbsp;&nbsp;2130000 | &nbsp;&nbsp;2130000 | &nbsp;&nbsp;2130000 |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  | &nbsp;&nbsp;1530000 | &nbsp;&nbsp;1530000 | &nbsp;&nbsp;1530000 |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;1450000 |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  | &nbsp;&nbsp;1430000 | &nbsp;&nbsp;1430000 | &nbsp;&nbsp;1430000 |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  | &nbsp;&nbsp;590000 | &nbsp;&nbsp;590000 | &nbsp;&nbsp;590000 |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  | &nbsp;&nbsp;450000 | &nbsp;&nbsp;450000 | &nbsp;&nbsp;450000 |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  | &nbsp;&nbsp;380000 | &nbsp;&nbsp;380000 | &nbsp;&nbsp;380000 |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;82.99 | &nbsp;&nbsp;10500000 | &nbsp;&nbsp;10500000 | &nbsp;&nbsp;10500000 | &nbsp;&nbsp;6.65500% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.63503% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;59040.02 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;492.56 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;4.93554% | &nbsp;&nbsp;0.01880% | &nbsp;&nbsp;4.91674% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;41700.74 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;753846.15 | &nbsp;&nbsp;9800000 | &nbsp;&nbsp;9800000 | &nbsp;&nbsp;9800000 | &nbsp;&nbsp;6.50000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.48003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;53820.60 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;40.89 | &nbsp;&nbsp;9571000 | &nbsp;&nbsp;9571000 | &nbsp;&nbsp;9571000 | &nbsp;&nbsp;5.37574% | &nbsp;&nbsp;0.01897% | &nbsp;&nbsp;5.35677% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;43471.55 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  | &nbsp;&nbsp;536059 | &nbsp;&nbsp;536059 | &nbsp;&nbsp;536059 |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  | &nbsp;&nbsp;399705 | &nbsp;&nbsp;399705 | &nbsp;&nbsp;399705 |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  | &nbsp;&nbsp;334779 | &nbsp;&nbsp;334779 | &nbsp;&nbsp;334779 |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  | &nbsp;&nbsp;321289 | &nbsp;&nbsp;321289 | &nbsp;&nbsp;321289 |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  | &nbsp;&nbsp;296412 | &nbsp;&nbsp;296412 | &nbsp;&nbsp;296412 |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  | &nbsp;&nbsp;294556 | &nbsp;&nbsp;294556 | &nbsp;&nbsp;294556 |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  | &nbsp;&nbsp;277229 | &nbsp;&nbsp;277229 | &nbsp;&nbsp;277229 |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  | &nbsp;&nbsp;264275 | &nbsp;&nbsp;264275 | &nbsp;&nbsp;264275 |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  | &nbsp;&nbsp;256602 | &nbsp;&nbsp;256602 | &nbsp;&nbsp;256602 |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  | &nbsp;&nbsp;250166 | &nbsp;&nbsp;250166 | &nbsp;&nbsp;250166 |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  | &nbsp;&nbsp;243153 | &nbsp;&nbsp;243153 | &nbsp;&nbsp;243153 |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  | &nbsp;&nbsp;233912 | &nbsp;&nbsp;233912 | &nbsp;&nbsp;233912 |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  | &nbsp;&nbsp;217988 | &nbsp;&nbsp;217988 | &nbsp;&nbsp;217988 |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  | &nbsp;&nbsp;217410 | &nbsp;&nbsp;217410 | &nbsp;&nbsp;217410 |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  | &nbsp;&nbsp;213862 | &nbsp;&nbsp;213862 | &nbsp;&nbsp;213862 |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  | &nbsp;&nbsp;197278 | &nbsp;&nbsp;197278 | &nbsp;&nbsp;197278 |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  | &nbsp;&nbsp;192740 | &nbsp;&nbsp;192740 | &nbsp;&nbsp;192740 |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  | &nbsp;&nbsp;148268 | &nbsp;&nbsp;148268 | &nbsp;&nbsp;148268 |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  | &nbsp;&nbsp;146453 | &nbsp;&nbsp;146453 | &nbsp;&nbsp;146453 |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  | &nbsp;&nbsp;141997 | &nbsp;&nbsp;141997 | &nbsp;&nbsp;141997 |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  | &nbsp;&nbsp;134902 | &nbsp;&nbsp;134902 | &nbsp;&nbsp;134902 |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  | &nbsp;&nbsp;134489 | &nbsp;&nbsp;134489 | &nbsp;&nbsp;134489 |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  | &nbsp;&nbsp;125991 | &nbsp;&nbsp;125991 | &nbsp;&nbsp;125991 |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  | &nbsp;&nbsp;124753 | &nbsp;&nbsp;124753 | &nbsp;&nbsp;124753 |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  | &nbsp;&nbsp;120133 | &nbsp;&nbsp;120133 | &nbsp;&nbsp;120133 |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  | &nbsp;&nbsp;116007 | &nbsp;&nbsp;116007 | &nbsp;&nbsp;116007 |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  | &nbsp;&nbsp;115430 | &nbsp;&nbsp;115430 | &nbsp;&nbsp;115430 |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  | &nbsp;&nbsp;108416 | &nbsp;&nbsp;108416 | &nbsp;&nbsp;108416 |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  | &nbsp;&nbsp;105281 | &nbsp;&nbsp;105281 | &nbsp;&nbsp;105281 |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  | &nbsp;&nbsp;104043 | &nbsp;&nbsp;104043 | &nbsp;&nbsp;104043 |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  | &nbsp;&nbsp;99588 | &nbsp;&nbsp;99588 | &nbsp;&nbsp;99588 |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  | &nbsp;&nbsp;97154 | &nbsp;&nbsp;97154 | &nbsp;&nbsp;97154 |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  | &nbsp;&nbsp;95916 | &nbsp;&nbsp;95916 | &nbsp;&nbsp;95916 |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  | &nbsp;&nbsp;95297 | &nbsp;&nbsp;95297 | &nbsp;&nbsp;95297 |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  | &nbsp;&nbsp;91832 | &nbsp;&nbsp;91832 | &nbsp;&nbsp;91832 |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**6, 7** | &nbsp;&nbsp;**6, 7** | &nbsp;&nbsp;**6, 7** |  | &nbsp;&nbsp;**8** |  | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**9** |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  | &nbsp;&nbsp;91585 | &nbsp;&nbsp;91585 | &nbsp;&nbsp;91585 |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  | &nbsp;&nbsp;87954 | &nbsp;&nbsp;87954 | &nbsp;&nbsp;87954 |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  | &nbsp;&nbsp;86139 | &nbsp;&nbsp;86139 | &nbsp;&nbsp;86139 |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  | &nbsp;&nbsp;82014 | &nbsp;&nbsp;82014 | &nbsp;&nbsp;82014 |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  | &nbsp;&nbsp;81931 | &nbsp;&nbsp;81931 | &nbsp;&nbsp;81931 |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  | &nbsp;&nbsp;80858 | &nbsp;&nbsp;80858 | &nbsp;&nbsp;80858 |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  | &nbsp;&nbsp;77971 | &nbsp;&nbsp;77971 | &nbsp;&nbsp;77971 |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  | &nbsp;&nbsp;77393 | &nbsp;&nbsp;77393 | &nbsp;&nbsp;77393 |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  | &nbsp;&nbsp;75908 | &nbsp;&nbsp;75908 | &nbsp;&nbsp;75908 |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  | &nbsp;&nbsp;72690 | &nbsp;&nbsp;72690 | &nbsp;&nbsp;72690 |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  | &nbsp;&nbsp;69720 | &nbsp;&nbsp;69720 | &nbsp;&nbsp;69720 |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  | &nbsp;&nbsp;68565 | &nbsp;&nbsp;68565 | &nbsp;&nbsp;68565 |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  | &nbsp;&nbsp;68243 | &nbsp;&nbsp;68243 | &nbsp;&nbsp;68243 |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  | &nbsp;&nbsp;63862 | &nbsp;&nbsp;63862 | &nbsp;&nbsp;63862 |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  | &nbsp;&nbsp;62872 | &nbsp;&nbsp;62872 | &nbsp;&nbsp;62872 |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  | &nbsp;&nbsp;61551 | &nbsp;&nbsp;61551 | &nbsp;&nbsp;61551 |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  | &nbsp;&nbsp;59159 | &nbsp;&nbsp;59159 | &nbsp;&nbsp;59159 |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  | &nbsp;&nbsp;56271 | &nbsp;&nbsp;56271 | &nbsp;&nbsp;56271 |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  | &nbsp;&nbsp;55446 | &nbsp;&nbsp;55446 | &nbsp;&nbsp;55446 |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  | &nbsp;&nbsp;54703 | &nbsp;&nbsp;54703 | &nbsp;&nbsp;54703 |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  | &nbsp;&nbsp;54538 | &nbsp;&nbsp;54538 | &nbsp;&nbsp;54538 |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  | &nbsp;&nbsp;46535 | &nbsp;&nbsp;46535 | &nbsp;&nbsp;46535 |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  | &nbsp;&nbsp;45132 | &nbsp;&nbsp;45132 | &nbsp;&nbsp;45132 |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  | &nbsp;&nbsp;44967 | &nbsp;&nbsp;44967 | &nbsp;&nbsp;44967 |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  | &nbsp;&nbsp;44555 | &nbsp;&nbsp;44555 | &nbsp;&nbsp;44555 |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  | &nbsp;&nbsp;40429 | &nbsp;&nbsp;40429 | &nbsp;&nbsp;40429 |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  | &nbsp;&nbsp;39852 | &nbsp;&nbsp;39852 | &nbsp;&nbsp;39852 |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  | &nbsp;&nbsp;39852 | &nbsp;&nbsp;39852 | &nbsp;&nbsp;39852 |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  | &nbsp;&nbsp;37706 | &nbsp;&nbsp;37706 | &nbsp;&nbsp;37706 |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  | &nbsp;&nbsp;37211 | &nbsp;&nbsp;37211 | &nbsp;&nbsp;37211 |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  | &nbsp;&nbsp;36716 | &nbsp;&nbsp;36716 | &nbsp;&nbsp;36716 |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  | &nbsp;&nbsp;36469 | &nbsp;&nbsp;36469 | &nbsp;&nbsp;36469 |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  | &nbsp;&nbsp;36386 | &nbsp;&nbsp;36386 | &nbsp;&nbsp;36386 |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  | &nbsp;&nbsp;35891 | &nbsp;&nbsp;35891 | &nbsp;&nbsp;35891 |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  | &nbsp;&nbsp;33333 | &nbsp;&nbsp;33333 | &nbsp;&nbsp;33333 |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  | &nbsp;&nbsp;31353 | &nbsp;&nbsp;31353 | &nbsp;&nbsp;31353 |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  | &nbsp;&nbsp;30776 | &nbsp;&nbsp;30776 | &nbsp;&nbsp;30776 |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  | &nbsp;&nbsp;30446 | &nbsp;&nbsp;30446 | &nbsp;&nbsp;30446 |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  | &nbsp;&nbsp;30363 | &nbsp;&nbsp;30363 | &nbsp;&nbsp;30363 |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  | &nbsp;&nbsp;30322 | &nbsp;&nbsp;30322 | &nbsp;&nbsp;30322 |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  | &nbsp;&nbsp;30116 | &nbsp;&nbsp;30116 | &nbsp;&nbsp;30116 |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  | &nbsp;&nbsp;29621 | &nbsp;&nbsp;29621 | &nbsp;&nbsp;29621 |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  | &nbsp;&nbsp;29291 | &nbsp;&nbsp;29291 | &nbsp;&nbsp;29291 |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  | &nbsp;&nbsp;29084 | &nbsp;&nbsp;29084 | &nbsp;&nbsp;29084 |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  | &nbsp;&nbsp;28094 | &nbsp;&nbsp;28094 | &nbsp;&nbsp;28094 |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  | &nbsp;&nbsp;27723 | &nbsp;&nbsp;27723 | &nbsp;&nbsp;27723 |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  | &nbsp;&nbsp;26609 | &nbsp;&nbsp;26609 | &nbsp;&nbsp;26609 |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  | &nbsp;&nbsp;25495 | &nbsp;&nbsp;25495 | &nbsp;&nbsp;25495 |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  | &nbsp;&nbsp;24134 | &nbsp;&nbsp;24134 | &nbsp;&nbsp;24134 |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  | &nbsp;&nbsp;21122 | &nbsp;&nbsp;21122 | &nbsp;&nbsp;21122 |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  | &nbsp;&nbsp;20875 | &nbsp;&nbsp;20875 | &nbsp;&nbsp;20875 |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  | &nbsp;&nbsp;20297 | &nbsp;&nbsp;20297 | &nbsp;&nbsp;20297 |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  | &nbsp;&nbsp;19472 | &nbsp;&nbsp;19472 | &nbsp;&nbsp;19472 |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  | &nbsp;&nbsp;18399 | &nbsp;&nbsp;18399 | &nbsp;&nbsp;18399 |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  | &nbsp;&nbsp;18234 | &nbsp;&nbsp;18234 | &nbsp;&nbsp;18234 |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  | &nbsp;&nbsp;18234 | &nbsp;&nbsp;18234 | &nbsp;&nbsp;18234 |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  | &nbsp;&nbsp;18152 | &nbsp;&nbsp;18152 | &nbsp;&nbsp;18152 |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  | &nbsp;&nbsp;17244 | &nbsp;&nbsp;17244 | &nbsp;&nbsp;17244 |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  | &nbsp;&nbsp;15842 | &nbsp;&nbsp;15842 | &nbsp;&nbsp;15842 |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  | &nbsp;&nbsp;15264 | &nbsp;&nbsp;15264 | &nbsp;&nbsp;15264 |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  | &nbsp;&nbsp;14522 | &nbsp;&nbsp;14522 | &nbsp;&nbsp;14522 |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  | &nbsp;&nbsp;13614 | &nbsp;&nbsp;13614 | &nbsp;&nbsp;13614 |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  | &nbsp;&nbsp;12871 | &nbsp;&nbsp;12871 | &nbsp;&nbsp;12871 |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  | &nbsp;&nbsp;7013 | &nbsp;&nbsp;7013 | &nbsp;&nbsp;7013 |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  | &nbsp;&nbsp;7013 | &nbsp;&nbsp;7013 | &nbsp;&nbsp;7013 |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  | &nbsp;&nbsp;6106 | &nbsp;&nbsp;6106 | &nbsp;&nbsp;6106 |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  | &nbsp;&nbsp;5528 | &nbsp;&nbsp;5528 | &nbsp;&nbsp;5528 |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;237500.00 | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;6.30000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.28003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;50567.71 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;128571.43 | &nbsp;&nbsp;9000000 | &nbsp;&nbsp;9000000 | &nbsp;&nbsp;9000000 | &nbsp;&nbsp;6.15000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.13003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;46765.63 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;46715.79 | &nbsp;&nbsp;8876000 | &nbsp;&nbsp;8876000 | &nbsp;&nbsp;8876000 | &nbsp;&nbsp;6.55700% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.53703% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;49173.55 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;96473.03 | &nbsp;&nbsp;8137500 | &nbsp;&nbsp;8137500 | &nbsp;&nbsp;8137500 | &nbsp;&nbsp;7.23000% | &nbsp;&nbsp;0.02122% | &nbsp;&nbsp;7.20878% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;49709.39 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;484375.00 | &nbsp;&nbsp;7750000 | &nbsp;&nbsp;7750000 | &nbsp;&nbsp;7750000 | &nbsp;&nbsp;5.99800% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;5.97803% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;39275.10 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;78865.98 | &nbsp;&nbsp;7650000 | &nbsp;&nbsp;7650000 | &nbsp;&nbsp;7650000 | &nbsp;&nbsp;6.73000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.71003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;43499.64 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;102.19 | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;5.95000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;5.92128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;32676.79 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;138.11 | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;6.73200% | &nbsp;&nbsp;0.05997% | &nbsp;&nbsp;6.67203% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;36971.46 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;60305.56 | &nbsp;&nbsp;5427500 | &nbsp;&nbsp;5427500 | &nbsp;&nbsp;5427500 | &nbsp;&nbsp;6.75000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;6.72128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;30953.71 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;662500.00 | &nbsp;&nbsp;5300000 | &nbsp;&nbsp;5300000 | &nbsp;&nbsp;5300000 | &nbsp;&nbsp;6.35000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.33003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;28435.36 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;55913.98 | &nbsp;&nbsp;5200000 | &nbsp;&nbsp;5200000 | &nbsp;&nbsp;5200000 | &nbsp;&nbsp;6.60000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.58003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;28997.22 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;66.28 | &nbsp;&nbsp;5160000 | &nbsp;&nbsp;5160000 | &nbsp;&nbsp;5160000 | &nbsp;&nbsp;7.30000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;7.28003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;31825.97 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;70.01 | &nbsp;&nbsp;5017000 | &nbsp;&nbsp;5017000 | &nbsp;&nbsp;5017000 | &nbsp;&nbsp;6.87000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;6.84128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;29121.25 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;770833.33 | &nbsp;&nbsp;4625000 | &nbsp;&nbsp;4625000 | &nbsp;&nbsp;4625000 | &nbsp;&nbsp;5.63000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;5.60128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;22000.33 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;91.59 | &nbsp;&nbsp;4620000 | &nbsp;&nbsp;4620000 | &nbsp;&nbsp;4620000 | &nbsp;&nbsp;6.82000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;6.79128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;26621.68 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;45.07 | &nbsp;&nbsp;3700000 | &nbsp;&nbsp;3700000 | &nbsp;&nbsp;3700000 | &nbsp;&nbsp;6.63500% | &nbsp;&nbsp;0.02122% | &nbsp;&nbsp;6.61378% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;20742.05 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;106451.61 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;6.80000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.78003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;18959.72 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  | &nbsp;&nbsp;1990000 | &nbsp;&nbsp;1990000 | &nbsp;&nbsp;1990000 |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  | &nbsp;&nbsp;1310000 | &nbsp;&nbsp;1310000 | &nbsp;&nbsp;1310000 |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;374.45 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;3300000 | &nbsp;&nbsp;6.13400% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.11403% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;17102.79 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;54.30 | &nbsp;&nbsp;3288000 | &nbsp;&nbsp;3288000 | &nbsp;&nbsp;3288000 | &nbsp;&nbsp;6.95000% | &nbsp;&nbsp;0.02872% | &nbsp;&nbsp;6.92128% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;19307.49 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;111875.00 | &nbsp;&nbsp;2685000 | &nbsp;&nbsp;2685000 | &nbsp;&nbsp;2685000 | &nbsp;&nbsp;6.85000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;6.83003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;15539.75 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;44642.86 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;7.75000% | &nbsp;&nbsp;0.01997% | &nbsp;&nbsp;7.73003% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;16370.08 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Annual Debt Service (P&I) ($)** | &nbsp;&nbsp;**Annual Debt Service (IO) ($)** | &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;**9** | &nbsp;&nbsp;**9** |  |  |  |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4311182.29 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3582677.78 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3149138.89 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2372500.00 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;2375572.68 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Amortizing Balloon | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1459908.75 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1506892.36 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1621149.93 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1619815.25 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1388672.92 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1372820.76 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1143575.42 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1042125.69 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;61 | &nbsp;&nbsp;57 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1006335.42 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;850145.83 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;851106.49 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;785540.83 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;695375.69 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;NAP | &nbsp;&nbsp;710634.72 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;736184.72 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;708480.21 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;NAP | &nbsp;&nbsp;500408.92 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;645847.22 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;521658.55 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Annual Debt Service (P&I) ($)** | &nbsp;&nbsp;**Annual Debt Service (IO) ($)** | &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;**9** | &nbsp;&nbsp;**9** |  |  |  |  |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;606812.50 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;561187.50 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;590082.64 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;NAP | &nbsp;&nbsp;596512.66 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;55 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;471301.18 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;521995.63 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;392121.53 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;NAP | &nbsp;&nbsp;443657.50 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;371444.53 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;341224.31 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;56 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;347966.67 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;NAP | &nbsp;&nbsp;381911.67 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;349454.95 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;264003.99 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;319460.17 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;248904.65 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;56 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;227516.67 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;205233.42 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;231689.83 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;186476.98 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;196440.97 | &nbsp;&nbsp;Interest Only | &nbsp;&nbsp;No | &nbsp;&nbsp;Actual/360 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**Seasoning (Mos.)** | &nbsp;&nbsp;**Payment Due Date** | &nbsp;&nbsp;**First Payment Date** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/11/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/5/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/20/2025 | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/25/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;360 | &nbsp;&nbsp;360 | &nbsp;&nbsp;9/8/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/29/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/9/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/29/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/29/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;10/1/2025 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/28/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/8/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/18/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;9/1/2025 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;61 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/9/2025 | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/4/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/11/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/7/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/16/2025 | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/21/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/10/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/18/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/22/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;10/1/2025 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;3 | &nbsp;&nbsp;6 | &nbsp;&nbsp;8/6/2025 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;60 | &nbsp;&nbsp;57 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6/26/2025 | &nbsp;&nbsp;3 | &nbsp;&nbsp;9 | &nbsp;&nbsp;8/9/2025 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**Seasoning (Mos.)** | &nbsp;&nbsp;**Payment Due Date** | &nbsp;&nbsp;**First Payment Date** |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/4/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/9/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/21/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;60 | &nbsp;&nbsp;55 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;4/29/2025 | &nbsp;&nbsp;5 | &nbsp;&nbsp;6 | &nbsp;&nbsp;6/6/2025 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/4/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/11/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/10/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;9/1/2025 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/5/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1 | &nbsp;&nbsp;10/1/2025 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;60 | &nbsp;&nbsp;56 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/30/2025 | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/9/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;6 | &nbsp;&nbsp;11/6/2025 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/1/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/11/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;9/1/2025 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;60 | &nbsp;&nbsp;60 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/9/2025 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1 | &nbsp;&nbsp;11/1/2025 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/10/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;9/1/2025 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;60 | &nbsp;&nbsp;56 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5/29/2025 | &nbsp;&nbsp;4 | &nbsp;&nbsp;6 | &nbsp;&nbsp;7/6/2025 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/5/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;9/9/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;7/11/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;1 | &nbsp;&nbsp;9/1/2025 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;60 | &nbsp;&nbsp;58 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/5/2025 | &nbsp;&nbsp;2 | &nbsp;&nbsp;6 | &nbsp;&nbsp;9/6/2025 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;60 | &nbsp;&nbsp;59 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;8/29/2025 | &nbsp;&nbsp;1 | &nbsp;&nbsp;6 | &nbsp;&nbsp;10/6/2025 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | **Property Name** | &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;**10** |  | &nbsp;&nbsp;**12** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;5 (One time during the Term) | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(29),O(7) | &nbsp;&nbsp;12346590 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(30),O(5) | &nbsp;&nbsp;6746215 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;5 (One time during the Term) | &nbsp;&nbsp;0 | &nbsp;&nbsp;YM1(27),DorYM1(28),O(5) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;YM1(53),O(7) | &nbsp;&nbsp;4525723 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  | &nbsp;&nbsp;1526896 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  | &nbsp;&nbsp;1465412 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  | &nbsp;&nbsp;710202 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  | &nbsp;&nbsp;608997 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  | &nbsp;&nbsp;214215 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;11/6/2025 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(32),O(4) | &nbsp;&nbsp;11194875 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  | &nbsp;&nbsp;2333991 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  | &nbsp;&nbsp;2228459 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  | &nbsp;&nbsp;1556581 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  | &nbsp;&nbsp;1459038 |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  | &nbsp;&nbsp;1997645 |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  | &nbsp;&nbsp;1619161 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(30),O(4) | &nbsp;&nbsp;34365738 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(29),O(7) | &nbsp;&nbsp;6447210 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;2923901 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/1/2030 | &nbsp;&nbsp;9/1/2030 | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;L(25),YM1(29),O(6) | &nbsp;&nbsp;6555069 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;2062449 |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;1593141 |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;1593723 |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  | &nbsp;&nbsp;573042 |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;732714 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(13),YM1(42),O(5) | &nbsp;&nbsp;2134116 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(31),O(4) | &nbsp;&nbsp;7625356 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(31),O(3) | &nbsp;&nbsp;1273431 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(28),D(26),O(7) | &nbsp;&nbsp;9844984 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),YM1(32),O(4) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(32),O(4) | &nbsp;&nbsp;1926130 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  | &nbsp;&nbsp;1206973 |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  | &nbsp;&nbsp;719157 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;5 (Once per trailing 12-month period) | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(31),O(4) | &nbsp;&nbsp;1754781 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(12),YM1(42),O(6) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;2467116 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(32),O(4) | &nbsp;&nbsp;1512397 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(31),O(4) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(30),O(5) | &nbsp;&nbsp;1148332 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/1/2030 | &nbsp;&nbsp;9/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(29),O(6) | &nbsp;&nbsp;95879656 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;7/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(12),YM1(43),O(5) | &nbsp;&nbsp;173420 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/9/2030 | &nbsp;&nbsp;7/9/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;YM0.5(53),O(7) | &nbsp;&nbsp;103218908 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  | &nbsp;&nbsp;4860778 |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;23454 |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  | &nbsp;&nbsp;3745803 |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;2362787 |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  | &nbsp;&nbsp;3282351 |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  | &nbsp;&nbsp;2966310 |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;3566981 |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  | &nbsp;&nbsp;3139400 |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  | &nbsp;&nbsp;2790192 |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  | &nbsp;&nbsp;2123341 |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  | &nbsp;&nbsp;1778111 |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  | &nbsp;&nbsp;2453356 |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  | &nbsp;&nbsp;2725923 |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  | &nbsp;&nbsp;1586563 |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;2244189 |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  | &nbsp;&nbsp;1752642 |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  | &nbsp;&nbsp;2218583 |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  | &nbsp;&nbsp;1762534 |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  | &nbsp;&nbsp;1852857 |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  | &nbsp;&nbsp;1718477 |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  | &nbsp;&nbsp;1476539 |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;1603139 |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  | &nbsp;&nbsp;1711149 |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  | &nbsp;&nbsp;1232658 |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  | &nbsp;&nbsp;1386117 |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  | &nbsp;&nbsp;1327652 |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  | &nbsp;&nbsp;1527866 |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;1577373 |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  | &nbsp;&nbsp;1089645 |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  | &nbsp;&nbsp;1550676 |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  | &nbsp;&nbsp;1302000 |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  | &nbsp;&nbsp;1177435 |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  | &nbsp;&nbsp;1758992 |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  | &nbsp;&nbsp;1480222 |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  | &nbsp;&nbsp;1323546 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Loan ID Number** | &nbsp;&nbsp;**Loan / Property Flag** | &nbsp;&nbsp;**Footnotes (for Loan and Property Information)** | &nbsp;&nbsp;**# of Properties** | **Property Name** | &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;**10** |  | &nbsp;&nbsp;**12** |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  | &nbsp;&nbsp;(13278) |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  | &nbsp;&nbsp;857645 |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  | &nbsp;&nbsp;771816 |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  | &nbsp;&nbsp;1308500 |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  | &nbsp;&nbsp;1128456 |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  | &nbsp;&nbsp;1119029 |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;967555 |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  | &nbsp;&nbsp;1310583 |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  | &nbsp;&nbsp;1196709 |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;946328 |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  | &nbsp;&nbsp;892504 |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  | &nbsp;&nbsp;833174 |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  | &nbsp;&nbsp;830579 |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  | &nbsp;&nbsp;861594 |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;627449 |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  | &nbsp;&nbsp;537693 |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;133104 |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  | &nbsp;&nbsp;669160 |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  | &nbsp;&nbsp;574723 |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  | &nbsp;&nbsp;1396522 |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  | &nbsp;&nbsp;657822 |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;476811 |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  | &nbsp;&nbsp;527373 |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  | &nbsp;&nbsp;516528 |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  | &nbsp;&nbsp;561933 |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  | &nbsp;&nbsp;594407 |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  | &nbsp;&nbsp;481411 |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  | &nbsp;&nbsp;525602 |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;364635 |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;398531 |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;355379 |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;502739 |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  | &nbsp;&nbsp;533669 |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  | &nbsp;&nbsp;407772 |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  | &nbsp;&nbsp;463143 |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;348418 |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;459771 |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  | &nbsp;&nbsp;335009 |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;405078 |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  | &nbsp;&nbsp;413739 |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;290086 |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;284018 |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;289208 |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  | &nbsp;&nbsp;398115 |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  | &nbsp;&nbsp;493220 |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;297048 |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  | &nbsp;&nbsp;376991 |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  | &nbsp;&nbsp;254906 |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  | &nbsp;&nbsp;590096 |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;291980 |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  | &nbsp;&nbsp;287806 |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  | &nbsp;&nbsp;159657 |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  | &nbsp;&nbsp;225085 |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;176657 |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  | &nbsp;&nbsp;211638 |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;174094 |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  | &nbsp;&nbsp;248093 |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  | &nbsp;&nbsp;291071 |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  | &nbsp;&nbsp;201211 |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  | &nbsp;&nbsp;206965 |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;150693 |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;148450 |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  | &nbsp;&nbsp;120024 |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;73303 |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  | &nbsp;&nbsp;68712 |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;65404 |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;85122 |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(31),O(5) | &nbsp;&nbsp;1666127 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(30),O(5) | &nbsp;&nbsp;1843753 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/6/2030 | &nbsp;&nbsp;5/6/2030 | &nbsp;&nbsp;5 (Once per trailing 12-month period) | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(6),YM2(50),O(4) | &nbsp;&nbsp;4265844 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(30),O(5) | &nbsp;&nbsp;450441 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(28),O(7) | &nbsp;&nbsp;1178229 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),YM1(32),O(3) | &nbsp;&nbsp;1504001 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(27),O(7) | &nbsp;&nbsp;1542338 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/1/2030 | &nbsp;&nbsp;9/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(32),O(3) | &nbsp;&nbsp;565504 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(28),D(28),O(4) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;10/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),D(32),O(4) | &nbsp;&nbsp;1071581 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(29),O(5) | &nbsp;&nbsp;1270088 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),YM1(32),O(3) | &nbsp;&nbsp;1032489 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;10/1/2030 | &nbsp;&nbsp;10/1/2030 | &nbsp;&nbsp;5 | &nbsp;&nbsp;5 | &nbsp;&nbsp;L(24),D(30),O(6) | &nbsp;&nbsp;472562 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),YM1(32),O(3) | &nbsp;&nbsp;874144 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;6/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(28),D(25),O(7) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(31),O(3) | &nbsp;&nbsp;572057 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  | &nbsp;&nbsp;365017 |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  | &nbsp;&nbsp;207040 |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),D(31),O(4) | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;8/1/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(25),YM1(32),O(3) | &nbsp;&nbsp;844699 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;8/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(26),D(31),O(3) | &nbsp;&nbsp;390388 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;9/6/2030 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;L(24),YM1(31),O(5) | &nbsp;&nbsp;415752 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**31** | &nbsp;&nbsp;**16** |  |  |  |  | &nbsp;&nbsp;**16** |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;3762959 | &nbsp;&nbsp;8583631 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;12134359 | &nbsp;&nbsp;3636275 | &nbsp;&nbsp;8498084 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;11526437 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;2647973 | &nbsp;&nbsp;4098241 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6306484 | &nbsp;&nbsp;2648142 | &nbsp;&nbsp;3658341 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5955500 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &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;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;987542 | &nbsp;&nbsp;3538181 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4209653 | &nbsp;&nbsp;955200 | &nbsp;&nbsp;3254452 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3325648 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;312769 | &nbsp;&nbsp;1214128 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1433781 | &nbsp;&nbsp;300733 | &nbsp;&nbsp;1133048 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1162289 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;372116 | &nbsp;&nbsp;1093297 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1386709 | &nbsp;&nbsp;341787 | &nbsp;&nbsp;1044922 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1038991 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;153991 | &nbsp;&nbsp;556211 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;651883 | &nbsp;&nbsp;168363 | &nbsp;&nbsp;483520 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;544574 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;111183 | &nbsp;&nbsp;497814 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;540681 | &nbsp;&nbsp;104582 | &nbsp;&nbsp;436098 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;420705 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;37483 | &nbsp;&nbsp;176732 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;196599 | &nbsp;&nbsp;39735 | &nbsp;&nbsp;156864 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;159089 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;6452157 | &nbsp;&nbsp;4742718 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;11101877 | &nbsp;&nbsp;6567509 | &nbsp;&nbsp;4534367 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;10933022 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;1233251 | &nbsp;&nbsp;1100740 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2327949 | &nbsp;&nbsp;1249766 | &nbsp;&nbsp;1078183 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2415549 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;1388779 | &nbsp;&nbsp;839680 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2212978 | &nbsp;&nbsp;1423866 | &nbsp;&nbsp;789111 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2195678 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;620003 | &nbsp;&nbsp;936578 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1533601 | &nbsp;&nbsp;613851 | &nbsp;&nbsp;919750 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1331722 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;814711 | &nbsp;&nbsp;644327 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1450401 | &nbsp;&nbsp;834961 | &nbsp;&nbsp;615440 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1363703 |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;1360176 | &nbsp;&nbsp;637469 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1983233 | &nbsp;&nbsp;1375945 | &nbsp;&nbsp;607288 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1988092 |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;1035237 | &nbsp;&nbsp;583924 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1593715 | &nbsp;&nbsp;1069119 | &nbsp;&nbsp;524595 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1638278 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;16303717 | &nbsp;&nbsp;18062021 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;33678198 | &nbsp;&nbsp;16364690 | &nbsp;&nbsp;17313508 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;31605097 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;2534790 | &nbsp;&nbsp;3912420 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6817445 | &nbsp;&nbsp;2542488 | &nbsp;&nbsp;4274957 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;5962165 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;1191709 | &nbsp;&nbsp;1732193 | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2869423 | &nbsp;&nbsp;1179294 | &nbsp;&nbsp;1690128 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2819193 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;3685843 | &nbsp;&nbsp;2869226 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6352829 | &nbsp;&nbsp;3727017 | &nbsp;&nbsp;2625812 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;6727442 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;1040005 | &nbsp;&nbsp;1022443 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2101428 | &nbsp;&nbsp;1074515 | &nbsp;&nbsp;1026913 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2155430 |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;997303 | &nbsp;&nbsp;595837 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1458217 | &nbsp;&nbsp;996122 | &nbsp;&nbsp;462096 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1452950 |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;1030417 | &nbsp;&nbsp;563306 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1579477 | &nbsp;&nbsp;1064635 | &nbsp;&nbsp;514842 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1956206 |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;168400 | &nbsp;&nbsp;404641 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;574431 | &nbsp;&nbsp;174653 | &nbsp;&nbsp;399777 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;558486 |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;449716 | &nbsp;&nbsp;282998 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;639277 | &nbsp;&nbsp;417092 | &nbsp;&nbsp;222184 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;604371 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;854967 | &nbsp;&nbsp;1279148 | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;2043046 | &nbsp;&nbsp;839280 | &nbsp;&nbsp;1203765 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;806794 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;5597427 | &nbsp;&nbsp;2027929 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;7252967 | &nbsp;&nbsp;5620570 | &nbsp;&nbsp;1632397 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;464149 | &nbsp;&nbsp;809282 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;949458 | &nbsp;&nbsp;431660 | &nbsp;&nbsp;517798 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &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;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &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;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;701792 | &nbsp;&nbsp;1224339 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1932471 | &nbsp;&nbsp;721022 | &nbsp;&nbsp;1211449 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1940976 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;468444 | &nbsp;&nbsp;738530 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1219591 | &nbsp;&nbsp;483256 | &nbsp;&nbsp;736335 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1263392 |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;233348 | &nbsp;&nbsp;485809 | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;712881 | &nbsp;&nbsp;237766 | &nbsp;&nbsp;475115 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;677583 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;436855 | &nbsp;&nbsp;1317926 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1794685 | &nbsp;&nbsp;443325 | &nbsp;&nbsp;1351360 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1689670 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &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;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;866814 | &nbsp;&nbsp;1600302 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;467738 | &nbsp;&nbsp;1044659 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1477197 | &nbsp;&nbsp;464105 | &nbsp;&nbsp;1013092 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1376582 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &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;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &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;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &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;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &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;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &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;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &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;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &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;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &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;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &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;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;944287 | &nbsp;&nbsp;204046 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;32761422 | &nbsp;&nbsp;63118234 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95871378 | &nbsp;&nbsp;32799316 | &nbsp;&nbsp;63072063 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;109672924 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;8411 | &nbsp;&nbsp;165009 | &nbsp;&nbsp;6/25/2025 | &nbsp;&nbsp;T-3 | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &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;24.01 | &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;24.02 | &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;24.03 | &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;24.04 | &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;24.05 | &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;24.06 | &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;24.07 | &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;24.08 | &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;24.09 | &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;24.1 | &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;24.11 | &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;24.12 | &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;24.13 | &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;24.14 | &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;24.15 | &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;24.16 | &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;24.17 | &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;24.18 | &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;24.19 | &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;24.2 | &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;24.21 | &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;24.22 | &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;24.23 | &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;24.24 | &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;24.25 | &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;24.26 | &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;24.27 | &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;24.28 | &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;24.29 | &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;24.3 | &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;24.31 | &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;24.32 | &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;24.33 | &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;24.34 | &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;24.35 | &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 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**31** | &nbsp;&nbsp;**16** |  |  |  |  | &nbsp;&nbsp;**16** |  |  |
| &nbsp;&nbsp;24.36 | &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;24.37 | &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;24.38 | &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;24.39 | &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;24.4 | &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;24.41 | &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;24.42 | &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;24.43 | &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;24.44 | &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;24.45 | &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;24.46 | &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;24.47 | &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;24.48 | &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;24.49 | &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;24.5 | &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;24.51 | &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;24.52 | &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;24.53 | &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;24.54 | &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;24.55 | &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;24.56 | &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;24.57 | &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;24.58 | &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;24.59 | &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;24.6 | &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;24.61 | &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;24.62 | &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;24.63 | &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;24.64 | &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;24.65 | &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;24.66 | &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;24.67 | &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;24.68 | &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;24.69 | &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;24.7 | &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;24.71 | &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;24.72 | &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;24.73 | &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;24.74 | &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;24.75 | &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;24.76 | &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;24.77 | &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;24.78 | &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;24.79 | &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;24.8 | &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;24.81 | &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;24.82 | &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 |
| &nbsp;&nbsp;24.83 | &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;24.84 | &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;24.85 | &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;24.86 | &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;24.87 | &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;24.88 | &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;24.89 | &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;24.9 | &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;24.91 | &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;24.92 | &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;24.93 | &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;24.94 | &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;24.95 | &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;24.96 | &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;24.97 | &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;24.98 | &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;24.99 | &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;24.1 | &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;24.101 | &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;24.102 | &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;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &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;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;775421 | &nbsp;&nbsp;890706 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1595258 | &nbsp;&nbsp;726696 | &nbsp;&nbsp;868562 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1535960 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;864666 | &nbsp;&nbsp;979087 | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1773766 | &nbsp;&nbsp;844023 | &nbsp;&nbsp;929743 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1642578 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;2513392 | &nbsp;&nbsp;1752452 | &nbsp;&nbsp;2/28/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;4213753 | &nbsp;&nbsp;2561683 | &nbsp;&nbsp;1652070 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;3889256 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;71577 | &nbsp;&nbsp;378864 | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;T-10 | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;489234 | &nbsp;&nbsp;688995 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1153267 | &nbsp;&nbsp;452109 | &nbsp;&nbsp;701158 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;938714 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;617790 | &nbsp;&nbsp;886211 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1479708 | &nbsp;&nbsp;648778 | &nbsp;&nbsp;830930 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1424382 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;639248 | &nbsp;&nbsp;903090 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1455228 | &nbsp;&nbsp;622406 | &nbsp;&nbsp;832822 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1412070 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;135410 | &nbsp;&nbsp;430095 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-11 Annualized | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &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;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;492165 | &nbsp;&nbsp;579416 | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1053736 | &nbsp;&nbsp;487798 | &nbsp;&nbsp;565938 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1044652 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;621835 | &nbsp;&nbsp;648253 | &nbsp;&nbsp;3/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1306119 | &nbsp;&nbsp;640735 | &nbsp;&nbsp;665385 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1355974 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;514917 | &nbsp;&nbsp;517572 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1047297 | &nbsp;&nbsp;588616 | &nbsp;&nbsp;458681 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;1105961 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;100049 | &nbsp;&nbsp;372513 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;464839 | &nbsp;&nbsp;91760 | &nbsp;&nbsp;373080 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;453755 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;434174 | &nbsp;&nbsp;439970 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;891867 | &nbsp;&nbsp;449229 | &nbsp;&nbsp;442638 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;948548 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &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;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;321900 | &nbsp;&nbsp;250157 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;557593 | &nbsp;&nbsp;313872 | &nbsp;&nbsp;243722 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;546018 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;218210 | &nbsp;&nbsp;146807 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;353449 | &nbsp;&nbsp;211973 | &nbsp;&nbsp;141476 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;345273 |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;103689 | &nbsp;&nbsp;103350 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;204144 | &nbsp;&nbsp;101899 | &nbsp;&nbsp;102246 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;200746 |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &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;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;505991 | &nbsp;&nbsp;338708 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;873351 | &nbsp;&nbsp;503505 | &nbsp;&nbsp;369846 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;930349 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;194653 | &nbsp;&nbsp;195735 | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;379082 | &nbsp;&nbsp;191380 | &nbsp;&nbsp;187702 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;379360 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;136405 | &nbsp;&nbsp;279347 | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;422622 | &nbsp;&nbsp;131506 | &nbsp;&nbsp;291116 | &nbsp;&nbsp;12/31/2024 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;333651 |

---

**BMO 2025-5C12**

**Annex A**

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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;**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;**16** |  |  |  |  | &nbsp;&nbsp;**31** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;3509417 | &nbsp;&nbsp;8017020 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;90.0% | &nbsp;&nbsp;11429033 | &nbsp;&nbsp;3976022 | &nbsp;&nbsp;7453011 | &nbsp;&nbsp;24119 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;2616894 | &nbsp;&nbsp;3338605 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.6% | &nbsp;&nbsp;8081170 | &nbsp;&nbsp;2740112 | &nbsp;&nbsp;5341058 | &nbsp;&nbsp;34063 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;96.4% | &nbsp;&nbsp;18030540 | &nbsp;&nbsp;6620194 | &nbsp;&nbsp;11410346 | &nbsp;&nbsp;103652 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;786272 | &nbsp;&nbsp;2539376 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;4677285 | &nbsp;&nbsp;1011982 | &nbsp;&nbsp;3665303 | &nbsp;&nbsp;35150 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;306538 | &nbsp;&nbsp;855752 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1563327 | &nbsp;&nbsp;323092 | &nbsp;&nbsp;1240235 | &nbsp;&nbsp;12500 |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;219344 | &nbsp;&nbsp;819647 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1525878 | &nbsp;&nbsp;382215 | &nbsp;&nbsp;1143663 | &nbsp;&nbsp;10050 |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;126236 | &nbsp;&nbsp;418339 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;731623 | &nbsp;&nbsp;157523 | &nbsp;&nbsp;574100 | &nbsp;&nbsp;5900 |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;104568 | &nbsp;&nbsp;316137 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;633115 | &nbsp;&nbsp;107168 | &nbsp;&nbsp;525947 | &nbsp;&nbsp;5000 |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;29587 | &nbsp;&nbsp;129502 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;223342 | &nbsp;&nbsp;41984 | &nbsp;&nbsp;181358 | &nbsp;&nbsp;1700 |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;6572984 | &nbsp;&nbsp;4360039 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;71.3% | &nbsp;&nbsp;11208075 | &nbsp;&nbsp;6764311 | &nbsp;&nbsp;4443764 | &nbsp;&nbsp;448323 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;1271777 | &nbsp;&nbsp;1143772 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;73.8% | &nbsp;&nbsp;2347191 | &nbsp;&nbsp;1249510 | &nbsp;&nbsp;1097681 | &nbsp;&nbsp;93888 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;1388602 | &nbsp;&nbsp;807076 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;76.2% | &nbsp;&nbsp;2228459 | &nbsp;&nbsp;1419467 | &nbsp;&nbsp;808992 | &nbsp;&nbsp;89138 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;601231 | &nbsp;&nbsp;730491 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;74.8% | &nbsp;&nbsp;1556581 | &nbsp;&nbsp;835631 | &nbsp;&nbsp;720950 | &nbsp;&nbsp;62263 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;819852 | &nbsp;&nbsp;543851 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;56.3% | &nbsp;&nbsp;1459038 | &nbsp;&nbsp;815539 | &nbsp;&nbsp;643499 | &nbsp;&nbsp;58362 |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;1364859 | &nbsp;&nbsp;623233 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;71.1% | &nbsp;&nbsp;1997645 | &nbsp;&nbsp;1381939 | &nbsp;&nbsp;615706 | &nbsp;&nbsp;79906 |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;1126662 | &nbsp;&nbsp;511616 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;77.1% | &nbsp;&nbsp;1619161 | &nbsp;&nbsp;1062225 | &nbsp;&nbsp;556936 | &nbsp;&nbsp;64766 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;16076190 | &nbsp;&nbsp;15528907 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.7% | &nbsp;&nbsp;36402924 | &nbsp;&nbsp;16332560 | &nbsp;&nbsp;20070365 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;2564012 | &nbsp;&nbsp;3398153 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;89.1% | &nbsp;&nbsp;6558035 | &nbsp;&nbsp;2520582 | &nbsp;&nbsp;4037453 | &nbsp;&nbsp;135553 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;1175393 | &nbsp;&nbsp;1643800 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;3294304 | &nbsp;&nbsp;1243938 | &nbsp;&nbsp;2050366 | &nbsp;&nbsp;21000 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;3669591 | &nbsp;&nbsp;3057851 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;80.4% | &nbsp;&nbsp;6555069 | &nbsp;&nbsp;3937519 | &nbsp;&nbsp;2617550 | &nbsp;&nbsp;44369 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;1001641 | &nbsp;&nbsp;1153789 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;87.9% | &nbsp;&nbsp;2062449 | &nbsp;&nbsp;1113738 | &nbsp;&nbsp;948710 | &nbsp;&nbsp;9800 |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;1024293 | &nbsp;&nbsp;428657 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;71.7% | &nbsp;&nbsp;1593141 | &nbsp;&nbsp;1027032 | &nbsp;&nbsp;566108 | &nbsp;&nbsp;12050 |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;1069454 | &nbsp;&nbsp;886753 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;71.2% | &nbsp;&nbsp;1593723 | &nbsp;&nbsp;1097675 | &nbsp;&nbsp;496048 | &nbsp;&nbsp;11450 |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;178834 | &nbsp;&nbsp;379652 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;86.0% | &nbsp;&nbsp;573042 | &nbsp;&nbsp;226035 | &nbsp;&nbsp;347007 | &nbsp;&nbsp;6469 |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;395369 | &nbsp;&nbsp;209002 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;65.1% | &nbsp;&nbsp;732714 | &nbsp;&nbsp;473037 | &nbsp;&nbsp;259677 | &nbsp;&nbsp;4600 |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;497214 | &nbsp;&nbsp;309580 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;97.0% | &nbsp;&nbsp;2670561 | &nbsp;&nbsp;875215 | &nbsp;&nbsp;1795346 | &nbsp;&nbsp;10374 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;82.4% | &nbsp;&nbsp;7925356 | &nbsp;&nbsp;5558007 | &nbsp;&nbsp;2367349 | &nbsp;&nbsp;317014 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;90.0% | &nbsp;&nbsp;2218496 | &nbsp;&nbsp;543708 | &nbsp;&nbsp;1674788 | &nbsp;&nbsp;27500 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &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;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1369017 | &nbsp;&nbsp;41071 | &nbsp;&nbsp;1327946 | &nbsp;&nbsp;1674 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;736403 | &nbsp;&nbsp;1204572 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;81.0% | &nbsp;&nbsp;2048211 | &nbsp;&nbsp;813064 | &nbsp;&nbsp;1235147 | &nbsp;&nbsp;16543 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;478273 | &nbsp;&nbsp;785120 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;88.5% | &nbsp;&nbsp;1221976 | &nbsp;&nbsp;531093 | &nbsp;&nbsp;690883 | &nbsp;&nbsp;9290 |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;258131 | &nbsp;&nbsp;419453 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;71.9% | &nbsp;&nbsp;826235 | &nbsp;&nbsp;281972 | &nbsp;&nbsp;544264 | &nbsp;&nbsp;7253 |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;455935 | &nbsp;&nbsp;1233735 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1657615 | &nbsp;&nbsp;427610 | &nbsp;&nbsp;1230004 | &nbsp;&nbsp;14236 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1240024 | &nbsp;&nbsp;181251 | &nbsp;&nbsp;1058774 | &nbsp;&nbsp;10750 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;4337155 | &nbsp;&nbsp;1293246 | &nbsp;&nbsp;3043910 | &nbsp;&nbsp;22250 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;481349 | &nbsp;&nbsp;895232 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.4% | &nbsp;&nbsp;1451568 | &nbsp;&nbsp;483831 | &nbsp;&nbsp;967738 | &nbsp;&nbsp;20645 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;85.4% | &nbsp;&nbsp;1496333 | &nbsp;&nbsp;430423 | &nbsp;&nbsp;1065910 | &nbsp;&nbsp;19450 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;350840 | &nbsp;&nbsp;126088 | &nbsp;&nbsp;224752 | &nbsp;&nbsp;4800 |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;74.8% | &nbsp;&nbsp;322300 | &nbsp;&nbsp;135270 | &nbsp;&nbsp;187030 | &nbsp;&nbsp;4300 |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;94.9% | &nbsp;&nbsp;191230 | &nbsp;&nbsp;45948 | &nbsp;&nbsp;145282 | &nbsp;&nbsp;2500 |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;93.1% | &nbsp;&nbsp;196400 | &nbsp;&nbsp;38064 | &nbsp;&nbsp;158336 | &nbsp;&nbsp;2550 |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;195370 | &nbsp;&nbsp;30543 | &nbsp;&nbsp;164827 | &nbsp;&nbsp;2000 |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;88.6% | &nbsp;&nbsp;93000 | &nbsp;&nbsp;20628 | &nbsp;&nbsp;72372 | &nbsp;&nbsp;1700 |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;92910 | &nbsp;&nbsp;21648 | &nbsp;&nbsp;71262 | &nbsp;&nbsp;950 |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;54283 | &nbsp;&nbsp;12234 | &nbsp;&nbsp;42049 | &nbsp;&nbsp;650 |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1926172 | &nbsp;&nbsp;751325 | &nbsp;&nbsp;1174847 | &nbsp;&nbsp;18978 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;32467786 | &nbsp;&nbsp;77205139 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;124653510 | &nbsp;&nbsp;32447856 | &nbsp;&nbsp;92205654 | &nbsp;&nbsp;283620 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.9% | &nbsp;&nbsp;912760 | &nbsp;&nbsp;100616 | &nbsp;&nbsp;812144 | &nbsp;&nbsp;3250 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &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;24.01 | &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;24.02 | &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;24.03 | &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;24.04 | &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;24.05 | &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;24.06 | &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;24.07 | &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;24.08 | &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;24.09 | &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;24.1 | &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;24.11 | &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;24.12 | &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;24.13 | &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;24.14 | &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;24.15 | &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;24.16 | &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;24.17 | &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;24.18 | &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;24.19 | &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;24.2 | &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;24.21 | &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;24.22 | &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;24.23 | &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;24.24 | &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;24.25 | &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;24.26 | &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;24.27 | &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;24.28 | &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;24.29 | &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;24.3 | &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;24.31 | &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;24.32 | &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;24.33 | &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;24.34 | &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;24.35 | &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 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**16** |  |  |  |  | &nbsp;&nbsp;**31** |  |
| &nbsp;&nbsp;24.36 | &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;24.37 | &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;24.38 | &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;24.39 | &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;24.4 | &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;24.41 | &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;24.42 | &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;24.43 | &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;24.44 | &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;24.45 | &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;24.46 | &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;24.47 | &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;24.48 | &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;24.49 | &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;24.5 | &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;24.51 | &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;24.52 | &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;24.53 | &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;24.54 | &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;24.55 | &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;24.56 | &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;24.57 | &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;24.58 | &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;24.59 | &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;24.6 | &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;24.61 | &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;24.62 | &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;24.63 | &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;24.64 | &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;24.65 | &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;24.66 | &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;24.67 | &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;24.68 | &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;24.69 | &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;24.7 | &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;24.71 | &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;24.72 | &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;24.73 | &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;24.74 | &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;24.75 | &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;24.76 | &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;24.77 | &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;24.78 | &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;24.79 | &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;24.8 | &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;24.81 | &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;24.82 | &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;24.83 | &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;24.84 | &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;24.85 | &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;24.86 | &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;24.87 | &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;24.88 | &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;24.89 | &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;24.9 | &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;24.91 | &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;24.92 | &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;24.93 | &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;24.94 | &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;24.95 | &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;24.96 | &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;24.97 | &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;24.98 | &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;24.99 | &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;24.1 | &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;24.101 | &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;24.102 | &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;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;79.7% | &nbsp;&nbsp;954245 | &nbsp;&nbsp;202573 | &nbsp;&nbsp;751672 | &nbsp;&nbsp;10000 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;687754 | &nbsp;&nbsp;848206 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;97.0% | &nbsp;&nbsp;1651151 | &nbsp;&nbsp;832442 | &nbsp;&nbsp;818709 | &nbsp;&nbsp;17500 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;752134 | &nbsp;&nbsp;890444 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.5% | &nbsp;&nbsp;1855488 | &nbsp;&nbsp;857114 | &nbsp;&nbsp;998374 | &nbsp;&nbsp;47500 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;2163857 | &nbsp;&nbsp;1725400 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.3% | &nbsp;&nbsp;4302885 | &nbsp;&nbsp;1882947 | &nbsp;&nbsp;2419938 | &nbsp;&nbsp;62901 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;96.1% | &nbsp;&nbsp;813601 | &nbsp;&nbsp;136300 | &nbsp;&nbsp;677300 | &nbsp;&nbsp;4728 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;408834 | &nbsp;&nbsp;529880 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.0% | &nbsp;&nbsp;1305896 | &nbsp;&nbsp;459600 | &nbsp;&nbsp;846296 | &nbsp;&nbsp;29100 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;650182 | &nbsp;&nbsp;774200 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.7% | &nbsp;&nbsp;1504001 | &nbsp;&nbsp;629274 | &nbsp;&nbsp;874727 | &nbsp;&nbsp;8269 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;579592 | &nbsp;&nbsp;832478 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1486449 | &nbsp;&nbsp;648380 | &nbsp;&nbsp;838069 | &nbsp;&nbsp;11766 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;92.5% | &nbsp;&nbsp;694140 | &nbsp;&nbsp;196897 | &nbsp;&nbsp;497243 | &nbsp;&nbsp;4625 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;97.0% | &nbsp;&nbsp;514660 | &nbsp;&nbsp;86894 | &nbsp;&nbsp;427766 | &nbsp;&nbsp;2000 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;490737 | &nbsp;&nbsp;553915 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;1085734 | &nbsp;&nbsp;491117 | &nbsp;&nbsp;594617 | &nbsp;&nbsp;23250 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;628419 | &nbsp;&nbsp;727555 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;85.3% | &nbsp;&nbsp;1304643 | &nbsp;&nbsp;571426 | &nbsp;&nbsp;733217 | &nbsp;&nbsp;16350 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;623493 | &nbsp;&nbsp;482468 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;90.1% | &nbsp;&nbsp;1020862 | &nbsp;&nbsp;553730 | &nbsp;&nbsp;467132 | &nbsp;&nbsp;8599 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;93496 | &nbsp;&nbsp;360259 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;483013 | &nbsp;&nbsp;95890 | &nbsp;&nbsp;387123 | &nbsp;&nbsp;1700 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;448358 | &nbsp;&nbsp;500190 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;83.1% | &nbsp;&nbsp;874144 | &nbsp;&nbsp;439436 | &nbsp;&nbsp;434708 | &nbsp;&nbsp;6053 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;8091378 | &nbsp;&nbsp;371141 | &nbsp;&nbsp;7720237 | &nbsp;&nbsp;210000 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;273009 | &nbsp;&nbsp;273010 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.1% | &nbsp;&nbsp;579459 | &nbsp;&nbsp;291322 | &nbsp;&nbsp;288137 | &nbsp;&nbsp;10443 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;191400 | &nbsp;&nbsp;153873 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;91.3% | &nbsp;&nbsp;372836 | &nbsp;&nbsp;199162 | &nbsp;&nbsp;173674 | &nbsp;&nbsp;6600 |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;81609 | &nbsp;&nbsp;119137 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;93.9% | &nbsp;&nbsp;206623 | &nbsp;&nbsp;92160 | &nbsp;&nbsp;114463 | &nbsp;&nbsp;3843 |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;95.0% | &nbsp;&nbsp;445761 | &nbsp;&nbsp;138015 | &nbsp;&nbsp;307746 | &nbsp;&nbsp;12206 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;520555 | &nbsp;&nbsp;409794 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;79.2% | &nbsp;&nbsp;818864 | &nbsp;&nbsp;511111 | &nbsp;&nbsp;307753 | &nbsp;&nbsp;6056 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;170886 | &nbsp;&nbsp;208474 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;92.4% | &nbsp;&nbsp;402115 | &nbsp;&nbsp;165337 | &nbsp;&nbsp;236777 | &nbsp;&nbsp;7200 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;88229 | &nbsp;&nbsp;245422 | &nbsp;&nbsp;12/31/2023 | &nbsp;&nbsp;T-12 | &nbsp;&nbsp;94.6% | &nbsp;&nbsp;419473 | &nbsp;&nbsp;162943 | &nbsp;&nbsp;256530 | &nbsp;&nbsp;2750 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 TI / LC ($)** | &nbsp;&nbsp; **Underwritten Net Cash Flow ($)** | &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;**15** |  | &nbsp;&nbsp;**7, 14** | &nbsp;&nbsp;**7, 14** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**5** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;241188 | &nbsp;&nbsp;7187704 | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;1.67 | &nbsp;&nbsp;11.7% | &nbsp;&nbsp;11.3% | &nbsp;&nbsp;107000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;113546 | &nbsp;&nbsp;5193449 | &nbsp;&nbsp;1.49 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;9.5% | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;80000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;11306694 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.44 | &nbsp;&nbsp;11.4% | &nbsp;&nbsp;11.3% | &nbsp;&nbsp;160100000 | &nbsp;&nbsp;Prospective As Complete and As Stabilized |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;3630153 | &nbsp;&nbsp;1.54 | &nbsp;&nbsp;1.53 | &nbsp;&nbsp;10.2% | &nbsp;&nbsp;10.1% | &nbsp;&nbsp;70200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;0 | &nbsp;&nbsp;1227735 |  |  |  |  | &nbsp;&nbsp;24100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;0 | &nbsp;&nbsp;1133613 |  |  |  |  | &nbsp;&nbsp;21800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;0 | &nbsp;&nbsp;568200 |  |  |  |  | &nbsp;&nbsp;11200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;0 | &nbsp;&nbsp;520947 |  |  |  |  | &nbsp;&nbsp;9700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;0 | &nbsp;&nbsp;179658 |  |  |  |  | &nbsp;&nbsp;3400000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;3995440 | &nbsp;&nbsp;1.87 | &nbsp;&nbsp;1.68 | &nbsp;&nbsp;16.2% | &nbsp;&nbsp;14.5% | &nbsp;&nbsp;46900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;0 | &nbsp;&nbsp;1003794 |  |  |  |  | &nbsp;&nbsp;11300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;0 | &nbsp;&nbsp;719854 |  |  |  |  | &nbsp;&nbsp;7700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;0 | &nbsp;&nbsp;658686 |  |  |  |  | &nbsp;&nbsp;9500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;0 | &nbsp;&nbsp;585137 |  |  |  |  | &nbsp;&nbsp;6100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;0 | &nbsp;&nbsp;535800 |  |  |  |  | &nbsp;&nbsp;6200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;0 | &nbsp;&nbsp;492170 |  |  |  |  | &nbsp;&nbsp;6100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;0 | &nbsp;&nbsp;20070365 | &nbsp;&nbsp;2.50 | &nbsp;&nbsp;2.50 | &nbsp;&nbsp;13.6% | &nbsp;&nbsp;13.6% | &nbsp;&nbsp;378000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;338883 | &nbsp;&nbsp;3563017 | &nbsp;&nbsp;2.68 | &nbsp;&nbsp;2.36 | &nbsp;&nbsp;16.1% | &nbsp;&nbsp;14.3% | &nbsp;&nbsp;45000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;0 | &nbsp;&nbsp;2029366 | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.5% | &nbsp;&nbsp;8.4% | &nbsp;&nbsp;35300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;2573181 | &nbsp;&nbsp;1.62 | &nbsp;&nbsp;1.59 | &nbsp;&nbsp;11.2% | &nbsp;&nbsp;11.0% | &nbsp;&nbsp;39100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;0 | &nbsp;&nbsp;938910 |  |  |  |  | &nbsp;&nbsp;12400000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;0 | &nbsp;&nbsp;554058 |  |  |  |  | &nbsp;&nbsp;8300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;0 | &nbsp;&nbsp;484598 |  |  |  |  | &nbsp;&nbsp;7600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;0 | &nbsp;&nbsp;340538 |  |  |  |  | &nbsp;&nbsp;5800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;0 | &nbsp;&nbsp;255077 |  |  |  |  | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;3000 | &nbsp;&nbsp;1781972 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;1.28 | &nbsp;&nbsp;7.8% | &nbsp;&nbsp;7.7% | &nbsp;&nbsp;33200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;0 | &nbsp;&nbsp;2050334 | &nbsp;&nbsp;1.72 | &nbsp;&nbsp;1.49 | &nbsp;&nbsp;12.8% | &nbsp;&nbsp;11.1% | &nbsp;&nbsp;42500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;36067 | &nbsp;&nbsp;1611221 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;1.41 | &nbsp;&nbsp;9.7% | &nbsp;&nbsp;9.4% | &nbsp;&nbsp;25600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;218538 | &nbsp;&nbsp;7924853 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;8.5% | &nbsp;&nbsp;160300000 | &nbsp;&nbsp;As Stabilized |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;8370 | &nbsp;&nbsp;1317902 | &nbsp;&nbsp;1.32 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;21600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1218604 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.43 | &nbsp;&nbsp;9.5% | &nbsp;&nbsp;9.4% | &nbsp;&nbsp;24950000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;0 | &nbsp;&nbsp;681593 |  |  |  |  | &nbsp;&nbsp;13050000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;0 | &nbsp;&nbsp;537011 |  |  |  |  | &nbsp;&nbsp;11900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;41246 | &nbsp;&nbsp;1174522 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;10.3% | &nbsp;&nbsp;9.8% | &nbsp;&nbsp;21900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;1048024 | &nbsp;&nbsp;1.35 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;9.5% | &nbsp;&nbsp;9.4% | &nbsp;&nbsp;18100000 | &nbsp;&nbsp;As Stabilized |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;0 | &nbsp;&nbsp;3021660 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;8.5% | &nbsp;&nbsp;8.4% | &nbsp;&nbsp;59100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;6975 | &nbsp;&nbsp;940118 | &nbsp;&nbsp;1.36 | &nbsp;&nbsp;1.32 | &nbsp;&nbsp;9.0% | &nbsp;&nbsp;8.7% | &nbsp;&nbsp;16000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1046460 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;1.42 | &nbsp;&nbsp;10.1% | &nbsp;&nbsp;9.9% | &nbsp;&nbsp;19690000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;0 | &nbsp;&nbsp;219952 |  |  |  |  | &nbsp;&nbsp;4900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;0 | &nbsp;&nbsp;182730 |  |  |  |  | &nbsp;&nbsp;3950000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;0 | &nbsp;&nbsp;142782 |  |  |  |  | &nbsp;&nbsp;2850000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;0 | &nbsp;&nbsp;155786 |  |  |  |  | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;0 | &nbsp;&nbsp;162827 |  |  |  |  | &nbsp;&nbsp;2650000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;0 | &nbsp;&nbsp;70672 |  |  |  |  | &nbsp;&nbsp;1100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;0 | &nbsp;&nbsp;70312 |  |  |  |  | &nbsp;&nbsp;840000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;0 | &nbsp;&nbsp;41399 |  |  |  |  | &nbsp;&nbsp;700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;37956 | &nbsp;&nbsp;1117913 | &nbsp;&nbsp;1.66 | &nbsp;&nbsp;1.58 | &nbsp;&nbsp;11.2% | &nbsp;&nbsp;10.6% | &nbsp;&nbsp;23400000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;0 | &nbsp;&nbsp;91922034 | &nbsp;&nbsp;3.30 | &nbsp;&nbsp;3.29 | &nbsp;&nbsp;16.5% | &nbsp;&nbsp;16.4% | &nbsp;&nbsp;1644000000 | &nbsp;&nbsp;As Is with Escrow Reserve |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;808894 | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.3% | &nbsp;&nbsp;8.3% | &nbsp;&nbsp;15600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;1905885 | &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;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;141753 | &nbsp;&nbsp;5194017 |  |  |  |  | &nbsp;&nbsp;91500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;0 | &nbsp;&nbsp;(645916) |  |  |  |  | &nbsp;&nbsp;80740000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;79435 | &nbsp;&nbsp;3155617 |  |  |  |  | &nbsp;&nbsp;54100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;36042 | &nbsp;&nbsp;2252067 |  |  |  |  | &nbsp;&nbsp;70600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;113993 | &nbsp;&nbsp;3019502 |  |  |  |  | &nbsp;&nbsp;47900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;96728 | &nbsp;&nbsp;2676543 |  |  |  |  | &nbsp;&nbsp;47600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;39798 | &nbsp;&nbsp;2511230 |  |  |  |  | &nbsp;&nbsp;44800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;59916 | &nbsp;&nbsp;2159333 |  |  |  |  | &nbsp;&nbsp;45100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;35663 | &nbsp;&nbsp;1927699 |  |  |  |  | &nbsp;&nbsp;43800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;45360 | &nbsp;&nbsp;2158002 |  |  |  |  | &nbsp;&nbsp;42700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;50625 | &nbsp;&nbsp;1905472 |  |  |  |  | &nbsp;&nbsp;41500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;23775 | &nbsp;&nbsp;2344222 |  |  |  |  | &nbsp;&nbsp;37800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;45729 | &nbsp;&nbsp;1771236 |  |  |  |  | &nbsp;&nbsp;37200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;59096 | &nbsp;&nbsp;2445295 |  |  |  |  | &nbsp;&nbsp;37100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;0 | &nbsp;&nbsp;1804089 |  |  |  |  | &nbsp;&nbsp;36500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;43207 | &nbsp;&nbsp;1333496 |  |  |  |  | &nbsp;&nbsp;41800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;33780 | &nbsp;&nbsp;1889735 |  |  |  |  | &nbsp;&nbsp;32900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;22332 | &nbsp;&nbsp;1348410 |  |  |  |  | &nbsp;&nbsp;25300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;21630 | &nbsp;&nbsp;1347968 |  |  |  |  | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;50694 | &nbsp;&nbsp;1583107 |  |  |  |  | &nbsp;&nbsp;24230000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;25076 | &nbsp;&nbsp;1351280 |  |  |  |  | &nbsp;&nbsp;23020000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;12798 | &nbsp;&nbsp;1280397 |  |  |  |  | &nbsp;&nbsp;22950000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;18252 | &nbsp;&nbsp;1196335 |  |  |  |  | &nbsp;&nbsp;21500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;80215 | &nbsp;&nbsp;(1417288) |  |  |  |  | &nbsp;&nbsp;25200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;18759 | &nbsp;&nbsp;1099260 |  |  |  |  | &nbsp;&nbsp;20500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;21621 | &nbsp;&nbsp;1131558 |  |  |  |  | &nbsp;&nbsp;19800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;34703 | &nbsp;&nbsp;1127614 |  |  |  |  | &nbsp;&nbsp;19700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;14578 | &nbsp;&nbsp;987068 |  |  |  |  | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;30147 | &nbsp;&nbsp;1053162 |  |  |  |  | &nbsp;&nbsp;17960000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;19673 | &nbsp;&nbsp;1174808 |  |  |  |  | &nbsp;&nbsp;17750000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street | &nbsp;&nbsp;23751 | &nbsp;&nbsp;1034502 |  |  |  |  | &nbsp;&nbsp;17000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;37500 | &nbsp;&nbsp;1206623 |  |  |  |  | &nbsp;&nbsp;15700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;53100 | &nbsp;&nbsp;1055695 |  |  |  |  | &nbsp;&nbsp;15500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;18750 | &nbsp;&nbsp;1125210 |  |  |  |  | &nbsp;&nbsp;15400000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;33300 | &nbsp;&nbsp;976512 |  |  |  |  | &nbsp;&nbsp;15670000 | &nbsp;&nbsp;As Is |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 TI / LC ($)** | &nbsp;&nbsp; **Underwritten Net Cash Flow ($)** | &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;**15** |  | &nbsp;&nbsp;**7, 14** | &nbsp;&nbsp;**7, 14** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**7** | &nbsp;&nbsp;**5** |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;22545 | &nbsp;&nbsp;(466688) |  |  |  |  | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;16593 | &nbsp;&nbsp;600416 |  |  |  |  | &nbsp;&nbsp;15900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;10460 | &nbsp;&nbsp;702788 |  |  |  |  | &nbsp;&nbsp;14700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;28500 | &nbsp;&nbsp;933436 |  |  |  |  | &nbsp;&nbsp;14000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;18772 | &nbsp;&nbsp;958158 |  |  |  |  | &nbsp;&nbsp;13980000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;13766 | &nbsp;&nbsp;815052 |  |  |  |  | &nbsp;&nbsp;13800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;7165 | &nbsp;&nbsp;589534 |  |  |  |  | &nbsp;&nbsp;13300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;28410 | &nbsp;&nbsp;686254 |  |  |  |  | &nbsp;&nbsp;13200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;18759 | &nbsp;&nbsp;860158 |  |  |  |  | &nbsp;&nbsp;12950000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;6750 | &nbsp;&nbsp;696483 |  |  |  |  | &nbsp;&nbsp;12400000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;20625 | &nbsp;&nbsp;806145 |  |  |  |  | &nbsp;&nbsp;11900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;8892 | &nbsp;&nbsp;732316 |  |  |  |  | &nbsp;&nbsp;11700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;16554 | &nbsp;&nbsp;832384 |  |  |  |  | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;10480 | &nbsp;&nbsp;577965 |  |  |  |  | &nbsp;&nbsp;10900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;0 | &nbsp;&nbsp;459954 |  |  |  |  | &nbsp;&nbsp;10720000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;14382 | &nbsp;&nbsp;458675 |  |  |  |  | &nbsp;&nbsp;10500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;0 | &nbsp;&nbsp;(5430) |  |  |  |  | &nbsp;&nbsp;11950000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;8130 | &nbsp;&nbsp;523600 |  |  |  |  | &nbsp;&nbsp;9600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;13367 | &nbsp;&nbsp;574210 |  |  |  |  | &nbsp;&nbsp;9460000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;17063 | &nbsp;&nbsp;357857 |  |  |  |  | &nbsp;&nbsp;13180000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;13334 | &nbsp;&nbsp;552904 |  |  |  |  | &nbsp;&nbsp;9300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;0 | &nbsp;&nbsp;338217 |  |  |  |  | &nbsp;&nbsp;8940000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;9632 | &nbsp;&nbsp;439171 |  |  |  |  | &nbsp;&nbsp;7700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;426195 |  |  |  |  | &nbsp;&nbsp;7670000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;13368 | &nbsp;&nbsp;497465 |  |  |  |  | &nbsp;&nbsp;7600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;11289 | &nbsp;&nbsp;473430 |  |  |  |  | &nbsp;&nbsp;6900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;5009 | &nbsp;&nbsp;434903 |  |  |  |  | &nbsp;&nbsp;6800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;22200 | &nbsp;&nbsp;(88239) |  |  |  |  | &nbsp;&nbsp;8050000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;0 | &nbsp;&nbsp;290481 |  |  |  |  | &nbsp;&nbsp;6425000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;3456 | &nbsp;&nbsp;359765 |  |  |  |  | &nbsp;&nbsp;6350000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;0 | &nbsp;&nbsp;276629 |  |  |  |  | &nbsp;&nbsp;6265000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;4248 | &nbsp;&nbsp;384558 |  |  |  |  | &nbsp;&nbsp;6225000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;10004 | &nbsp;&nbsp;370984 |  |  |  |  | &nbsp;&nbsp;6500000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;260862 |  |  |  |  | &nbsp;&nbsp;6435000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;9359 | &nbsp;&nbsp;311588 |  |  |  |  | &nbsp;&nbsp;5690000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;0 | &nbsp;&nbsp;279154 |  |  |  |  | &nbsp;&nbsp;5345000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;12586 | &nbsp;&nbsp;332815 |  |  |  |  | &nbsp;&nbsp;5250000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;5550 | &nbsp;&nbsp;208126 |  |  |  |  | &nbsp;&nbsp;7200000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;0 | &nbsp;&nbsp;367364 |  |  |  |  | &nbsp;&nbsp;5175000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;6062 | &nbsp;&nbsp;386068 |  |  |  |  | &nbsp;&nbsp;4900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;0 | &nbsp;&nbsp;221383 |  |  |  |  | &nbsp;&nbsp;5135000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;0 | &nbsp;&nbsp;232115 |  |  |  |  | &nbsp;&nbsp;5055000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;0 | &nbsp;&nbsp;268106 |  |  |  |  | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;6574 | &nbsp;&nbsp;346812 |  |  |  |  | &nbsp;&nbsp;4700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;10544 | &nbsp;&nbsp;393333 |  |  |  |  | &nbsp;&nbsp;4540000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;0 | &nbsp;&nbsp;215538 |  |  |  |  | &nbsp;&nbsp;4730000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;3647 | &nbsp;&nbsp;320414 |  |  |  |  | &nbsp;&nbsp;4300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;185040 |  |  |  |  | &nbsp;&nbsp;4855000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;5825 | &nbsp;&nbsp;320267 |  |  |  |  | &nbsp;&nbsp;3900000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;2492 | &nbsp;&nbsp;249473 |  |  |  |  | &nbsp;&nbsp;3600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;6000 | &nbsp;&nbsp;254164 |  |  |  |  | &nbsp;&nbsp;3550000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;8904 | &nbsp;&nbsp;(131698) |  |  |  |  | &nbsp;&nbsp;4100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;188860 |  |  |  |  | &nbsp;&nbsp;3310000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;0 | &nbsp;&nbsp;141773 |  |  |  |  | &nbsp;&nbsp;3130000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;3249 | &nbsp;&nbsp;176603 |  |  |  |  | &nbsp;&nbsp;3100000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;0 | &nbsp;&nbsp;132506 |  |  |  |  | &nbsp;&nbsp;3160000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;229016 |  |  |  |  | &nbsp;&nbsp;3085000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;3810 | &nbsp;&nbsp;175138 |  |  |  |  | &nbsp;&nbsp;2940000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;155229 |  |  |  |  | &nbsp;&nbsp;2700000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;5754 | &nbsp;&nbsp;173249 |  |  |  |  | &nbsp;&nbsp;2600000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;0 | &nbsp;&nbsp;105357 |  |  |  |  | &nbsp;&nbsp;3205000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;0 | &nbsp;&nbsp;98613 |  |  |  |  | &nbsp;&nbsp;2585000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;93247 |  |  |  |  | &nbsp;&nbsp;2205000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;0 | &nbsp;&nbsp;53052 |  |  |  |  | &nbsp;&nbsp;1195000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;0 | &nbsp;&nbsp;53062 |  |  |  |  | &nbsp;&nbsp;1190000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;0 | &nbsp;&nbsp;52115 |  |  |  |  | &nbsp;&nbsp;1040000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;0 | &nbsp;&nbsp;39970 |  |  |  |  | &nbsp;&nbsp;1490000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;741672 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;1.37 | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;8.7% | &nbsp;&nbsp;13400000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;801209 | &nbsp;&nbsp;1.46 | &nbsp;&nbsp;1.43 | &nbsp;&nbsp;9.1% | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;13800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;0 | &nbsp;&nbsp;950874 | &nbsp;&nbsp;1.69 | &nbsp;&nbsp;1.61 | &nbsp;&nbsp;11.2% | &nbsp;&nbsp;10.7% | &nbsp;&nbsp;12680000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;0 | &nbsp;&nbsp;2357037 | &nbsp;&nbsp;1.42 | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;10.4% | &nbsp;&nbsp;10.1% | &nbsp;&nbsp;41500000 | &nbsp;&nbsp;Hypothetical Market Value Encumbered by HFC |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;672572 | &nbsp;&nbsp;1.44 | &nbsp;&nbsp;1.43 | &nbsp;&nbsp;8.7% | &nbsp;&nbsp;8.7% | &nbsp;&nbsp;12300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;817196 | &nbsp;&nbsp;1.62 | &nbsp;&nbsp;1.57 | &nbsp;&nbsp;11.1% | &nbsp;&nbsp;10.7% | &nbsp;&nbsp;12650000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;0 | &nbsp;&nbsp;866457 | &nbsp;&nbsp;2.23 | &nbsp;&nbsp;2.21 | &nbsp;&nbsp;13.5% | &nbsp;&nbsp;13.3% | &nbsp;&nbsp;16550000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;60595 | &nbsp;&nbsp;765709 | &nbsp;&nbsp;1.89 | &nbsp;&nbsp;1.73 | &nbsp;&nbsp;12.9% | &nbsp;&nbsp;11.8% | &nbsp;&nbsp;10850000 | &nbsp;&nbsp;As Is - Assuming Pisenti executes the extension |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;0 | &nbsp;&nbsp;492618 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;9.2% | &nbsp;&nbsp;9.1% | &nbsp;&nbsp;8950000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;0 | &nbsp;&nbsp;425766 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;1.25 | &nbsp;&nbsp;8.1% | &nbsp;&nbsp;8.0% | &nbsp;&nbsp;7450000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;571367 | &nbsp;&nbsp;1.71 | &nbsp;&nbsp;1.64 | &nbsp;&nbsp;11.4% | &nbsp;&nbsp;11.0% | &nbsp;&nbsp;9000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;93428 | &nbsp;&nbsp;623438 | &nbsp;&nbsp;1.92 | &nbsp;&nbsp;1.63 | &nbsp;&nbsp;14.2% | &nbsp;&nbsp;12.1% | &nbsp;&nbsp;8300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;0 | &nbsp;&nbsp;458533 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;9.1% | &nbsp;&nbsp;10300000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;1500 | &nbsp;&nbsp;383923 | &nbsp;&nbsp;1.47 | &nbsp;&nbsp;1.45 | &nbsp;&nbsp;8.4% | &nbsp;&nbsp;8.3% | &nbsp;&nbsp;6670000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;0 | &nbsp;&nbsp;428655 | &nbsp;&nbsp;1.36 | &nbsp;&nbsp;1.34 | &nbsp;&nbsp;9.4% | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;9575000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;7510237 | &nbsp;&nbsp;1.82 | &nbsp;&nbsp;1.77 | &nbsp;&nbsp;12.2% | &nbsp;&nbsp;11.9% | &nbsp;&nbsp;166000000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;277694 | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;1.22 | &nbsp;&nbsp;8.7% | &nbsp;&nbsp;8.4% | &nbsp;&nbsp;6800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;167074 |  |  |  |  | &nbsp;&nbsp;4390000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;110620 |  |  |  |  | &nbsp;&nbsp;2410000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;295540 | &nbsp;&nbsp;1.50 | &nbsp;&nbsp;1.44 | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;9.0% | &nbsp;&nbsp;4800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;0 | &nbsp;&nbsp;301698 | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;1.30 | &nbsp;&nbsp;9.4% | &nbsp;&nbsp;9.2% | &nbsp;&nbsp;9800000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;229577 | &nbsp;&nbsp;1.27 | &nbsp;&nbsp;1.23 | &nbsp;&nbsp;8.8% | &nbsp;&nbsp;8.6% | &nbsp;&nbsp;4710000 | &nbsp;&nbsp;As Is |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;0 | &nbsp;&nbsp;253780 | &nbsp;&nbsp;1.31 | &nbsp;&nbsp;1.29 | &nbsp;&nbsp;10.3% | &nbsp;&nbsp;10.2% | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;As Is |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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; **Appraisal Date** | &nbsp;&nbsp; **Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp; **LTV Ratio at Maturity / ARD (%)** | &nbsp;&nbsp; **Leased Occupancy (%)** | &nbsp;&nbsp; **Occupancy Date** | &nbsp;&nbsp; **Single Tenant (Y/N)** | &nbsp;&nbsp; **Largest Tenant** |
|  |  |  |  |  |  | &nbsp;&nbsp; **5, 7** | &nbsp;&nbsp; **5, 7** | &nbsp;&nbsp; **34** |  |  | &nbsp;&nbsp; **4, 21, 22, 23, 28** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;7/16/2025 | &nbsp;&nbsp;59.6% | &nbsp;&nbsp;59.6% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/8/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Herman Miller Inc. |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;8/30/2025 | &nbsp;&nbsp;70.0% | &nbsp;&nbsp;70.0% | &nbsp;&nbsp;89.8% | &nbsp;&nbsp;8/29/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;BINGO Wholesale |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;5/1/2027 | &nbsp;&nbsp;62.5% | &nbsp;&nbsp;62.5% | &nbsp;&nbsp;95.1% | &nbsp;&nbsp;8/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;MetLife |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;7/10/2025 | &nbsp;&nbsp;51.3% | &nbsp;&nbsp;51.3% | &nbsp;&nbsp;96.4% | &nbsp;&nbsp;7/1/2025 |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;7/10/2025 |  |  | &nbsp;&nbsp;98.8% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;7/10/2025 |  |  | &nbsp;&nbsp;93.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;7/10/2025 |  |  | &nbsp;&nbsp;98.3% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;7/10/2025 |  |  | &nbsp;&nbsp;94.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;7/10/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;58.6% | &nbsp;&nbsp;56.0% | &nbsp;&nbsp;71.3% | &nbsp;&nbsp;6/30/2025 |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;5/7/2025 |  |  | &nbsp;&nbsp;73.8% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;5/7/2025 |  |  | &nbsp;&nbsp;76.2% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;5/12/2025 |  |  | &nbsp;&nbsp;74.8% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;5/6/2025 |  |  | &nbsp;&nbsp;56.3% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;5/7/2025 |  |  | &nbsp;&nbsp;71.1% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;5/7/2025 |  |  | &nbsp;&nbsp;77.1% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;4/30/2025 | &nbsp;&nbsp;39.2% | &nbsp;&nbsp;39.2% | &nbsp;&nbsp;97.6% | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;7/28/2025 | &nbsp;&nbsp;55.6% | &nbsp;&nbsp;55.6% | &nbsp;&nbsp;85.3% | &nbsp;&nbsp;8/18/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Resources for Human |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;68.6% | &nbsp;&nbsp;68.6% | &nbsp;&nbsp;95.2% | &nbsp;&nbsp;8/7/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;60.0% | &nbsp;&nbsp;60.0% | &nbsp;&nbsp;78.4% | &nbsp;&nbsp;Various |  |  |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;6/16/2025 |  |  | &nbsp;&nbsp;87.9% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;6/19/2025 |  |  | &nbsp;&nbsp;71.7% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;6/19/2025 |  |  | &nbsp;&nbsp;71.2% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;6/16/2025 |  |  | &nbsp;&nbsp;87.1% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;6/16/2025 |  |  | &nbsp;&nbsp;65.1% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;7/29/2025 | &nbsp;&nbsp;69.3% | &nbsp;&nbsp;69.3% | &nbsp;&nbsp;94.4% | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;5/15/2025 | &nbsp;&nbsp;43.5% | &nbsp;&nbsp;43.5% | &nbsp;&nbsp;82.4% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;67.3% | &nbsp;&nbsp;67.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/15/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Commercial Van Interiors |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;6/1/2026 | &nbsp;&nbsp;58.0% | &nbsp;&nbsp;58.0% | &nbsp;&nbsp;78.1% | &nbsp;&nbsp;6/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Detroit Manufacturing Systems, LLC |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;6/16/2025 | &nbsp;&nbsp;69.4% | &nbsp;&nbsp;69.4% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Supreme |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;6/11/2025 | &nbsp;&nbsp;52.1% | &nbsp;&nbsp;52.1% | &nbsp;&nbsp;81.9% | &nbsp;&nbsp;9/6/2025 |  |  |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;6/11/2025 |  |  | &nbsp;&nbsp;86.4% | &nbsp;&nbsp;9/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;6/11/2025 |  |  | &nbsp;&nbsp;76.1% | &nbsp;&nbsp;9/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;4/18/2025 | &nbsp;&nbsp;54.7% | &nbsp;&nbsp;54.7% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Bashas #155 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;9/1/2025 | &nbsp;&nbsp;61.3% | &nbsp;&nbsp;61.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/7/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;6/18/2025 | &nbsp;&nbsp;60.9% | &nbsp;&nbsp;60.9% | &nbsp;&nbsp;95.3% | &nbsp;&nbsp;8/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;6/2/2025 | &nbsp;&nbsp;67.2% | &nbsp;&nbsp;67.2% | &nbsp;&nbsp;93.5% | &nbsp;&nbsp;8/27/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;Various | &nbsp;&nbsp;53.8% | &nbsp;&nbsp;53.8% | &nbsp;&nbsp;87.7% | &nbsp;&nbsp;7/1/2025 |  |  |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;6/25/2025 |  |  | &nbsp;&nbsp;80.2% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;6/11/2025 |  |  | &nbsp;&nbsp;76.7% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;6/25/2025 |  |  | &nbsp;&nbsp;96.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;6/25/2025 |  |  | &nbsp;&nbsp;93.6% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;6/12/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;6/12/2025 |  |  | &nbsp;&nbsp;92.9% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;6/12/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;6/25/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;4/9/2025 | &nbsp;&nbsp;44.9% | &nbsp;&nbsp;44.9% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/20/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;VINMAX |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;6/10/2025 | &nbsp;&nbsp;34.0% | &nbsp;&nbsp;34.0% | &nbsp;&nbsp;99.6% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Vertex Pharmaceuticals Incorporated |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;62.8% | &nbsp;&nbsp;62.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;4/10/2025 | &nbsp;&nbsp;43.8% | &nbsp;&nbsp;43.8% | &nbsp;&nbsp;82.9% | &nbsp;&nbsp;Various |  |  |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Exel Inc. |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;4/7/2025 |  |  | &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;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Mercedes Benz US International, Inc. |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Hellmann Worldwide Logistics Inc. |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;4/10/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;ODW Logistics, Inc. |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Shurtape Technologies, LLC |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;B Braun Melsungen Aktiengesellschaft |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Science Applications International Corporation |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Trex Company, Inc. |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;General Mills Operations, LLC |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Packaging Corp of America |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Par Hawaii Refining, LLC |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Western Container Corporation |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;4/9/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;TPI Iowa, LLC |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Amesbury Truth |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Fileminders of Hawaii, LLC |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refresco Beverages US Inc. |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;3D Systems, Inc. |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Brinkley RV |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Owens Corning Insulating Systems, LLC |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;4/9/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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; **Appraisal Date** | &nbsp;&nbsp; **Cut-off Date LTV Ratio (%)** | &nbsp;&nbsp; **LTV Ratio at Maturity / ARD (%)** | &nbsp;&nbsp; **Leased Occupancy (%)** | &nbsp;&nbsp; **Occupancy Date** | &nbsp;&nbsp; **Single Tenant (Y/N)** | &nbsp;&nbsp; **Largest Tenant** |
|  |  |  |  |  |  | &nbsp;&nbsp; **5, 7** | &nbsp;&nbsp; **5, 7** | &nbsp;&nbsp; **34** |  |  | &nbsp;&nbsp; **4, 21, 22, 23, 28** |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refresco Beverages US Inc. |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Amazon.com, Inc. |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;4/7/2025 |  |  | &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;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;4/9/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Verst Group Logistics, Inc. |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;4/10/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;American Tire Distributors, Inc. |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;The Kelleher Corporation |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Challenger Lifts, Inc. |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Bunzl |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;National Industrial Tire of Hawaii Inc. |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Simonpietri Enterprises |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Central National Gottesman |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Phoenix V LLC |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Discount Auto Parts |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Joseph T. Ryerson and Son, Inc. |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Mendocino Forest Products Company LLC |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Clean Harbors Environmental Services, Inc. |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Lenox Metals, LLC |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;HPM Building Supply |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Energetic Construction, LLC |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Specialty Cable Corporation |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Kila Construction, Inc. |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Confluence Corporation |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;V.A. Leasing Corporation |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Airgas USA, LLC |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;4/3/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;The American Bottling Company |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Bomat Holding Company, Inc. |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Mira Image Construction |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Sunbelt Rentals, Inc. |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;VRC Companies, LLC |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Pacific Allied Products, Ltd. |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;McClone Construction |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;BE Aerospace, Inc. |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Sunbelt Rentals, Inc. |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Heartland Coca-Cola Bottling Company, LLC |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road | &nbsp;&nbsp;4/4/2025 |  |  | &nbsp;&nbsp;0.0% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Michael Joseph Signaigo and Alicia Maria Signaigo |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Michael Joseph Signaigo and Alicia Maria Signaigo |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;ACA Services, Inc. |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Robert's Hawaii, Inc |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;91.4% | &nbsp;&nbsp;5/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Kainoa J. Ahsing |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;4/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;FedEx |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Kila Construction, Inc. |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Bomat Holding Company, Inc. |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Doc Bailey Cranes & Equipment of Hawaii, Inc. |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Specialty Surfacing Company, Hawaii, Inc. |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Windward Moving and Storage Company Inc. |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;CPH, LLC |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;4/7/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/9/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;CPH, LLC |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;3/5/2025 | &nbsp;&nbsp;63.4% | &nbsp;&nbsp;63.4% | &nbsp;&nbsp;80.0% | &nbsp;&nbsp;8/26/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;65.2% | &nbsp;&nbsp;65.2% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/24/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;7/11/2025 | &nbsp;&nbsp;70.0% | &nbsp;&nbsp;70.0% | &nbsp;&nbsp;97.9% | &nbsp;&nbsp;8/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;4/4/2025 | &nbsp;&nbsp;56.0% | &nbsp;&nbsp;56.0% | &nbsp;&nbsp;93.8% | &nbsp;&nbsp;4/4/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;4/9/2025 | &nbsp;&nbsp;63.0% | &nbsp;&nbsp;63.0% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/2/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Sahakyan Bagramyan Fund Inc |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;7/7/2025 | &nbsp;&nbsp;60.5% | &nbsp;&nbsp;60.5% | &nbsp;&nbsp;95.9% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;39.3% | &nbsp;&nbsp;39.3% | &nbsp;&nbsp;90.5% | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;6/11/2025 | &nbsp;&nbsp;59.9% | &nbsp;&nbsp;59.9% | &nbsp;&nbsp;95.4% | &nbsp;&nbsp;7/31/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Solarius Aviation |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;6/19/2025 | &nbsp;&nbsp;60.6% | &nbsp;&nbsp;60.6% | &nbsp;&nbsp;93.3% | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;4/22/2025 | &nbsp;&nbsp;71.1% | &nbsp;&nbsp;71.1% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/7/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;7/25/2025 | &nbsp;&nbsp;57.8% | &nbsp;&nbsp;57.8% | &nbsp;&nbsp;96.8% | &nbsp;&nbsp;8/6/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;6/17/2025 | &nbsp;&nbsp;62.2% | &nbsp;&nbsp;62.2% | &nbsp;&nbsp;84.2% | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Lighthouse Insurance Group |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;6/13/2025 | &nbsp;&nbsp;48.7% | &nbsp;&nbsp;48.7% | &nbsp;&nbsp;89.5% | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;8/1/2025 | &nbsp;&nbsp;69.3% | &nbsp;&nbsp;69.3% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/17/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;6/7/2025 | &nbsp;&nbsp;48.3% | &nbsp;&nbsp;48.3% | &nbsp;&nbsp;90.4% | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;3/5/2025 | &nbsp;&nbsp;38.1% | &nbsp;&nbsp;38.1% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/6/2025 | &nbsp;&nbsp;Yes | &nbsp;&nbsp;SpaceX |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;5/8/2025 | &nbsp;&nbsp;48.5% | &nbsp;&nbsp;48.5% | &nbsp;&nbsp;93.5% | &nbsp;&nbsp;7/15/2025 |  |  |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;5/8/2025 |  |  | &nbsp;&nbsp;90.9% | &nbsp;&nbsp;7/15/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;5/8/2025 |  |  | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/15/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;7/7/2025 | &nbsp;&nbsp;68.8% | &nbsp;&nbsp;68.8% | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/1/2025 | &nbsp;&nbsp;No | &nbsp;&nbsp;Fyzical |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;6/13/2025 | &nbsp;&nbsp;33.6% | &nbsp;&nbsp;33.6% | &nbsp;&nbsp;81.3% | &nbsp;&nbsp;5/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;5/8/2025 | &nbsp;&nbsp;57.0% | &nbsp;&nbsp;57.0% | &nbsp;&nbsp;95.8% | &nbsp;&nbsp;7/30/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;7/1/2025 | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;50.0% | &nbsp;&nbsp;94.6% | &nbsp;&nbsp;8/21/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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; **Largest Tenant SF** | &nbsp;&nbsp; **Largest Tenant % of NRA** | &nbsp;&nbsp;**Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Second Largest Tenant** | &nbsp;&nbsp;**Second Largest Tenant SF** | &nbsp;&nbsp;**Second Largest Tenant % of NRA** |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp; **4, 21, 22, 23, 28** |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;59317 | &nbsp;&nbsp;49.2% | &nbsp;&nbsp;2/28/2031 | &nbsp;&nbsp;Maharam Fabric Corporation | &nbsp;&nbsp;22623 | &nbsp;&nbsp;18.8% |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;50411 | &nbsp;&nbsp;22.2% | &nbsp;&nbsp;1/13/2041 | &nbsp;&nbsp;SkyZone (SZ Park 226 LLC) | &nbsp;&nbsp;30795 | &nbsp;&nbsp;13.6% |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;180859 | &nbsp;&nbsp;34.9% | &nbsp;&nbsp;12/31/2042 | &nbsp;&nbsp;PTC Therapeutics | &nbsp;&nbsp;180859 | &nbsp;&nbsp;34.9% |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &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;Highridge | &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;Crumley Farms | &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;Boulder Trails | &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;Sizemore | &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;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &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;Eliza Thompson House | &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;Marrero's Guest Mansion | &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;Hotel Mountain Brook | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &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;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &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;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;98156 | &nbsp;&nbsp;14.5% | &nbsp;&nbsp;9/30/2026 | &nbsp;&nbsp;Southeastern Pennsyl | &nbsp;&nbsp;88509 | &nbsp;&nbsp;13.1% |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &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;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &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;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &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;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &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;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;25000 | &nbsp;&nbsp;16.7% | &nbsp;&nbsp;5/31/2029 | &nbsp;&nbsp;114 Industrial Park II, LLC | &nbsp;&nbsp;25000 | &nbsp;&nbsp;16.7% |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;727535 | &nbsp;&nbsp;50.5% | &nbsp;&nbsp;9/30/2027 (572,610 SF); 10/31/2027 (154,925 SF) | &nbsp;&nbsp;Tiberina Detroit, Inc. | &nbsp;&nbsp;200000 | &nbsp;&nbsp;13.9% |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;8370 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2035 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &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;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;54405 | &nbsp;&nbsp;65.0% | &nbsp;&nbsp;2/28/2035 | &nbsp;&nbsp;Fat Willy's | &nbsp;&nbsp;4599 | &nbsp;&nbsp;5.5% |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &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;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &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;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &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;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &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;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;97000 | &nbsp;&nbsp;76.7% | &nbsp;&nbsp;8/31/2029 | &nbsp;&nbsp;LS Rack, Inc. | &nbsp;&nbsp;29519 | &nbsp;&nbsp;23.3% |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;1082417 | &nbsp;&nbsp;95.4% | &nbsp;&nbsp;6/30/2044 | &nbsp;&nbsp;Bright Horizons Children's Centers LLC | &nbsp;&nbsp;12665 | &nbsp;&nbsp;1.1% |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &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, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way | &nbsp;&nbsp;945023 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi | &nbsp;&nbsp;10800 | &nbsp;&nbsp;0.5% | &nbsp;&nbsp;3/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road | &nbsp;&nbsp;529568 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;11/30/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard | &nbsp;&nbsp;240283 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road | &nbsp;&nbsp;759950 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive | &nbsp;&nbsp;644850 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard | &nbsp;&nbsp;265318 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. | &nbsp;&nbsp;399440 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue | &nbsp;&nbsp;237756 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2032 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road | &nbsp;&nbsp;302400 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road | &nbsp;&nbsp;337500 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2035 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive | &nbsp;&nbsp;158497 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street | &nbsp;&nbsp;304859 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street | &nbsp;&nbsp;393971 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2035 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa | &nbsp;&nbsp;910491 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road | &nbsp;&nbsp;288045 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road | &nbsp;&nbsp;225198 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane | &nbsp;&nbsp;148881 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive | &nbsp;&nbsp;144199 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East | &nbsp;&nbsp;337960 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street | &nbsp;&nbsp;167171 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2037 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi | &nbsp;&nbsp;85317 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road | &nbsp;&nbsp;121683 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2032 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.24 | &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;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive | &nbsp;&nbsp;125060 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway | &nbsp;&nbsp;144138 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue | &nbsp;&nbsp;231350 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard | &nbsp;&nbsp;97187 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive | &nbsp;&nbsp;200978 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road | &nbsp;&nbsp;131152 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street | &nbsp;&nbsp;158340 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive | &nbsp;&nbsp;250000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road | &nbsp;&nbsp;354000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue | &nbsp;&nbsp;125000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way | &nbsp;&nbsp;222000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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; **Largest Tenant SF** | &nbsp;&nbsp; **Largest Tenant % of NRA** | &nbsp;&nbsp;**Largest Tenant Lease Expiration Date** | &nbsp;&nbsp;**Second Largest Tenant** | &nbsp;&nbsp;**Second Largest Tenant SF** | &nbsp;&nbsp;**Second Largest Tenant % of NRA** |
|  |  |  |  |  |  |  |  | &nbsp;&nbsp; **4, 21, 22, 23, 28** |  |  |
| &nbsp;&nbsp;24.36 | &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;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road | &nbsp;&nbsp;110621 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;11/30/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street | &nbsp;&nbsp;69734 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2035 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road | &nbsp;&nbsp;190000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane | &nbsp;&nbsp;125147 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2034 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road | &nbsp;&nbsp;91776 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &nbsp;&nbsp;12300 | &nbsp;&nbsp;25.7% | &nbsp;&nbsp;9/29/2028 | &nbsp;&nbsp;Upright Fencing Hawaii LLC | &nbsp;&nbsp;7500 | &nbsp;&nbsp;15.7% |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way | &nbsp;&nbsp;189400 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;MTM | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive | &nbsp;&nbsp;125060 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;24000 | &nbsp;&nbsp;53.3% | &nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;Strategic Building Products Hawaii, LLC | &nbsp;&nbsp;21000 | &nbsp;&nbsp;46.7% |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road | &nbsp;&nbsp;137500 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/7/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 | &nbsp;&nbsp;59281 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. | &nbsp;&nbsp;110361 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue | &nbsp;&nbsp;69865 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua | &nbsp;&nbsp;216537 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2034 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road | &nbsp;&nbsp;95883 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop | &nbsp;&nbsp;213575 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive | &nbsp;&nbsp;54199 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street | &nbsp;&nbsp;89115 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road | &nbsp;&nbsp;113753 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue | &nbsp;&nbsp;88890 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop | &nbsp;&nbsp;249773 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2042 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive | &nbsp;&nbsp;64211 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai | &nbsp;&nbsp;158036 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive | &nbsp;&nbsp;89123 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive | &nbsp;&nbsp;75262 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue | &nbsp;&nbsp;33394 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.63 | &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;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana | &nbsp;&nbsp;107288 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;11/30/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa | &nbsp;&nbsp;23040 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2032 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa | &nbsp;&nbsp;121750 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/29/2040 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua | &nbsp;&nbsp;28320 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2039 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive | &nbsp;&nbsp;66692 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;91758 | &nbsp;&nbsp;70.2% | &nbsp;&nbsp;12/31/2027 | &nbsp;&nbsp;J&M Blasting and Painting, Inc. | &nbsp;&nbsp;38921 | &nbsp;&nbsp;29.8% |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive | &nbsp;&nbsp;62390 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2034 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop | &nbsp;&nbsp;98707 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2033 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &nbsp;&nbsp;35752 | &nbsp;&nbsp;42.6% | &nbsp;&nbsp;4/30/2027 | &nbsp;&nbsp;IG Steel LLC | &nbsp;&nbsp;22726 | &nbsp;&nbsp;27.1% |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue | &nbsp;&nbsp;37002 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2032 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop | &nbsp;&nbsp;98707 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2034 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street | &nbsp;&nbsp;40410 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;3/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana | &nbsp;&nbsp;95745 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2038 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;52316 | &nbsp;&nbsp;55.0% | &nbsp;&nbsp;8/31/2028 | &nbsp;&nbsp;Cornerstone Construction Material, LLC | &nbsp;&nbsp;42779 | &nbsp;&nbsp;45.0% |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua | &nbsp;&nbsp;95095 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2037 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive | &nbsp;&nbsp;43824 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street | &nbsp;&nbsp;70293 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2032 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop | &nbsp;&nbsp;98707 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;2/28/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street | &nbsp;&nbsp;24310 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai | &nbsp;&nbsp;106504 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway | &nbsp;&nbsp;38833 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi | &nbsp;&nbsp;16610 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;1/31/2037 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street | &nbsp;&nbsp;40000 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.87 | &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;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai | &nbsp;&nbsp;54362 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2039 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua | &nbsp;&nbsp;40902 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;8/31/2039 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE | &nbsp;&nbsp;21662 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua | &nbsp;&nbsp;47350 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai | &nbsp;&nbsp;97923 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive | &nbsp;&nbsp;25398 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;5/31/2029 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;46067 | &nbsp;&nbsp;79.3% | &nbsp;&nbsp;12/31/2025 | &nbsp;&nbsp;New Cingular Wireless PCS, LLC | &nbsp;&nbsp;7057 | &nbsp;&nbsp;12.1% |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road | &nbsp;&nbsp;38360 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2028 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi | &nbsp;&nbsp;43473 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;9/30/2045 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi | &nbsp;&nbsp;47872 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2038 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai | &nbsp;&nbsp;47916 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;6/30/2031 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua | &nbsp;&nbsp;22041 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;7/31/2039 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai | &nbsp;&nbsp;23914 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;4/30/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana | &nbsp;&nbsp;20778 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana | &nbsp;&nbsp;26746 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;10/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &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;30-58 and 30-64 34th Street | &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;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &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;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &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;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;3642 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2034 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &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;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;12611 | &nbsp;&nbsp;26.8% | &nbsp;&nbsp;7/31/2028 | &nbsp;&nbsp;Muir Wood, LLC | &nbsp;&nbsp;7598 | &nbsp;&nbsp;16.1% |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;12630 | &nbsp;&nbsp;16.2% | &nbsp;&nbsp;2/28/2027 | &nbsp;&nbsp;Cushman & Wakefield | &nbsp;&nbsp;11410 | &nbsp;&nbsp;14.7% |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;1402312 | &nbsp;&nbsp;100.0% | &nbsp;&nbsp;12/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments |  |  |  |  |  |  |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;3100 | &nbsp;&nbsp;35.2% | &nbsp;&nbsp;9/30/2028 | &nbsp;&nbsp;Mendola Artists | &nbsp;&nbsp;2165 | &nbsp;&nbsp;24.6% |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 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; **4, 21, 22, 23, 28** |  |  |  | &nbsp;&nbsp; **4, 21, 22, 23, 28** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;2/28/2031 | &nbsp;&nbsp;Carl Hansen & Son Corp. | &nbsp;&nbsp;8015 | &nbsp;&nbsp;6.6% | &nbsp;&nbsp;5/31/2027 | &nbsp;&nbsp;Tusk Strategies Inc. |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;4/8/2035 | &nbsp;&nbsp;Kids Empire Spring Valley | &nbsp;&nbsp;9700 | &nbsp;&nbsp;4.3% | &nbsp;&nbsp;10/29/2035 | &nbsp;&nbsp;Chic Lingerie Inc |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;5/31/2039 | &nbsp;&nbsp;Regeneron | &nbsp;&nbsp;127263 | &nbsp;&nbsp;24.6% | &nbsp;&nbsp;7/31/2036 | &nbsp;&nbsp;Café Space |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &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;Highridge | &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;Crumley Farms | &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;Boulder Trails | &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;Sizemore | &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;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &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;Eliza Thompson House | &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;Marrero's Guest Mansion | &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;Hotel Mountain Brook | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &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;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &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;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;7/31/2030 | &nbsp;&nbsp;East Philadelphia Fu | &nbsp;&nbsp;60000 | &nbsp;&nbsp;8.9% | &nbsp;&nbsp;11/30/2027 | &nbsp;&nbsp;Wissahickon Charter |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &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;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &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;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &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;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &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;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;6/30/2026 | &nbsp;&nbsp;Oncor Electric Delivery Company, LLC | &nbsp;&nbsp;20000 | &nbsp;&nbsp;13.3% | &nbsp;&nbsp;7/31/2029 | &nbsp;&nbsp;J2 Collective, LLC dba Power Pickle |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &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 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &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;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &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;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;8/31/2026 | &nbsp;&nbsp;A Quilter's Oasis | &nbsp;&nbsp;3600 | &nbsp;&nbsp;4.3% | &nbsp;&nbsp;6/30/2029 | &nbsp;&nbsp;Eastridge Family Dental |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &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;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &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;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &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;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &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;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;2/28/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;5/31/2035 | &nbsp;&nbsp;11 Fan Pier Restaurant, LLC (dba Serafina) | &nbsp;&nbsp;8747 | &nbsp;&nbsp;0.8% | &nbsp;&nbsp;6/30/2032 | &nbsp;&nbsp;Pier 50, LLC (dba Committee) |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &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, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |
| &nbsp;&nbsp;24.01 | &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;24.02 | &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;24.03 | &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;24.04 | &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;24.05 | &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;24.06 | &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;24.07 | &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;24.08 | &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;24.09 | &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;24.1 | &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;24.11 | &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;24.12 | &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;24.13 | &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;24.14 | &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;24.15 | &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;24.16 | &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;24.17 | &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;24.18 | &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;24.19 | &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;24.2 | &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;24.21 | &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;24.22 | &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;24.23 | &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;24.24 | &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;24.25 | &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;24.26 | &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;24.27 | &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;24.28 | &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;24.29 | &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;24.3 | &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;24.31 | &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;24.32 | &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;24.33 | &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;24.34 | &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;24.35 | &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 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 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; **4, 21, 22, 23, 28** |  |  |  | &nbsp;&nbsp; **4, 21, 22, 23, 28** |
| &nbsp;&nbsp;24.36 | &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;24.37 | &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;24.38 | &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;24.39 | &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;24.4 | &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;24.41 | &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;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi | &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;24.43 | &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;24.44 | &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;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa | &nbsp;&nbsp;7/31/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.46 | &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;24.47 | &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;24.48 | &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;24.49 | &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;24.5 | &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;24.51 | &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;24.52 | &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;24.53 | &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;24.54 | &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;24.55 | &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;24.56 | &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;24.57 | &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;24.58 | &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;24.59 | &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;24.6 | &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;24.61 | &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;24.62 | &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;24.63 | &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;24.64 | &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;24.65 | &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;24.66 | &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;24.67 | &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;24.68 | &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;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai | &nbsp;&nbsp;10/31/2026 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.7 | &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;24.71 | &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;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa | &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;24.73 | &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;24.74 | &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;24.75 | &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;24.76 | &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;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua | &nbsp;&nbsp;3/31/2030 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.78 | &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;24.79 | &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;24.8 | &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;24.81 | &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;24.82 | &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;24.83 | &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;24.84 | &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;24.85 | &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;24.86 | &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;24.87 | &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;24.88 | &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;24.89 | &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;24.9 | &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;24.91 | &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;24.92 | &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;24.93 | &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;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai | &nbsp;&nbsp;6/30/2027 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.95 | &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;24.96 | &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;24.97 | &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;24.98 | &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;24.99 | &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;24.1 | &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;24.101 | &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;24.102 | &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;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &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;30-58 and 30-64 34th Street | &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;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &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;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &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;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &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;1 | &nbsp;&nbsp;Playa Blanca Apartments | &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;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;7/30/2026 | &nbsp;&nbsp;Pisenti & Brinker | &nbsp;&nbsp;7048 | &nbsp;&nbsp;15.0% | &nbsp;&nbsp;7/31/2027 | &nbsp;&nbsp;Accelitas, Inc |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;12/31/2033 | &nbsp;&nbsp;Vox Mobile | &nbsp;&nbsp;8881 | &nbsp;&nbsp;11.4% | &nbsp;&nbsp;9/30/2029 | &nbsp;&nbsp;Suncrest Health Services |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments |  |  |  |  |  |  |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;4/30/2028 | &nbsp;&nbsp;Mod Equities, LLC | &nbsp;&nbsp;1500 | &nbsp;&nbsp;17.0% | &nbsp;&nbsp;6/30/2032 | &nbsp;&nbsp;Abilis, Inc. |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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; **4, 21, 22, 23, 28** |  |  |  |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;7663 | &nbsp;&nbsp;6.4% | &nbsp;&nbsp;7/31/2037 | &nbsp;&nbsp;605 LLC | &nbsp;&nbsp;7661 | &nbsp;&nbsp;6.4% | &nbsp;&nbsp;9/30/2027 | &nbsp;&nbsp;7/15/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;7703 | &nbsp;&nbsp;3.4% | &nbsp;&nbsp;2/28/2033 | &nbsp;&nbsp;Cuff & Co. | &nbsp;&nbsp;7466 | &nbsp;&nbsp;3.3% | &nbsp;&nbsp;6/30/2033 | &nbsp;&nbsp;9/3/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;3652 | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;MTM | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/7/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &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;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &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;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &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;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &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;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &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;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &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;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/9/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;53889 | &nbsp;&nbsp;8.0% | &nbsp;&nbsp;7/31/2033 | &nbsp;&nbsp;New Material Culture | &nbsp;&nbsp;49584 | &nbsp;&nbsp;7.3% | &nbsp;&nbsp;8/31/2026 | &nbsp;&nbsp;8/8/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/15/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/24/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;8/5/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/22/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;15000 | &nbsp;&nbsp;10.0% | &nbsp;&nbsp;8/31/2034 | &nbsp;&nbsp;Plasti-Fab Incorporated | &nbsp;&nbsp;15000 | &nbsp;&nbsp;10.0% | &nbsp;&nbsp;1/31/2032 | &nbsp;&nbsp;1/27/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &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;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/26/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &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;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &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;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;2400 | &nbsp;&nbsp;2.9% | &nbsp;&nbsp;2/28/2026 | &nbsp;&nbsp;Hippo Vet Group | &nbsp;&nbsp;2110 | &nbsp;&nbsp;2.5% | &nbsp;&nbsp;7/31/2028 | &nbsp;&nbsp;7/14/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;1/7/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/23/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/9/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/9/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater 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;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;7404 | &nbsp;&nbsp;0.7% | &nbsp;&nbsp;5/31/2035 | &nbsp;&nbsp;Third Sector New England, Inc. | &nbsp;&nbsp;4355 | &nbsp;&nbsp;0.4% | &nbsp;&nbsp;2/28/2029 | &nbsp;&nbsp;6/16/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th 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;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.01 | &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;24.02 | &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;24.03 | &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;24.04 | &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;24.05 | &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;24.06 | &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;24.07 | &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;24.08 | &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;24.09 | &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;24.1 | &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;24.11 | &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;24.12 | &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;24.13 | &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;24.14 | &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;24.15 | &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;24.16 | &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;24.17 | &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;24.18 | &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;24.19 | &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;24.2 | &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;24.21 | &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;24.22 | &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;24.23 | &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;24.24 | &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;24.25 | &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;24.26 | &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;24.27 | &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;24.28 | &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;24.29 | &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;24.3 | &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;24.31 | &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;24.32 | &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;24.33 | &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;24.34 | &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;24.35 | &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 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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; **4, 21, 22, 23, 28** |  |  |  |  |  |
| &nbsp;&nbsp;24.36 | &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;24.37 | &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;24.38 | &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;24.39 | &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;24.4 | &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;24.41 | &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;24.42 | &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;24.43 | &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;24.44 | &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;24.45 | &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;24.46 | &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;24.47 | &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;24.48 | &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;24.49 | &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;24.5 | &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;24.51 | &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;24.52 | &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;24.53 | &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;24.54 | &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;24.55 | &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;24.56 | &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;24.57 | &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;24.58 | &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;24.59 | &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;24.6 | &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;24.61 | &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;24.62 | &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;24.63 | &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;24.64 | &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;24.65 | &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;24.66 | &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;24.67 | &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;24.68 | &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;24.69 | &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;24.7 | &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;24.71 | &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;24.72 | &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;24.73 | &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;24.74 | &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;24.75 | &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;24.76 | &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;24.77 | &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;24.78 | &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;24.79 | &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;24.8 | &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;24.81 | &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;24.82 | &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 |
| &nbsp;&nbsp;24.83 | &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;24.84 | &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;24.85 | &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;24.86 | &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;24.87 | &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;24.88 | &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;24.89 | &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;24.9 | &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;24.91 | &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;24.92 | &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;24.93 | &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;24.94 | &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;24.95 | &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;24.96 | &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;24.97 | &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;24.98 | &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;24.99 | &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;24.1 | &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;24.101 | &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;24.102 | &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;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/13/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/16/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/21/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;2/21/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;4/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/7/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/11/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;4826 | &nbsp;&nbsp;10.3% | &nbsp;&nbsp;7/30/2027 | &nbsp;&nbsp;Audience View | &nbsp;&nbsp;4389 | &nbsp;&nbsp;9.3% | &nbsp;&nbsp;10/31/2026 | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/2/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/29/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;6164 | &nbsp;&nbsp;7.9% | &nbsp;&nbsp;7/31/2033 | &nbsp;&nbsp;Impact Architects | &nbsp;&nbsp;5066 | &nbsp;&nbsp;6.5% | &nbsp;&nbsp;11/30/2030 | &nbsp;&nbsp;6/18/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U 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;6/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &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;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/10/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;3/4/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/16/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;1100 | &nbsp;&nbsp;12.5% | &nbsp;&nbsp;4/30/2026 | &nbsp;&nbsp;Michael Smith Architects | &nbsp;&nbsp;948 | &nbsp;&nbsp;10.8% | &nbsp;&nbsp;8/31/2030 | &nbsp;&nbsp;7/15/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6/17/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;7/8/2025 | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 ($)** | &nbsp;&nbsp;**Annual Ground Rent Increases (Y/N)** | &nbsp;&nbsp;**Upfront RE Tax Reserve ($)** |
|  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;**17** |  |  |  |  | &nbsp;&nbsp;**18** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;7/15/2025 | &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;1079950 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;3/7/2025 | &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;149231 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;4/10/2025 | &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;138469 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;35654 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;7/17/2025 | &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;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge | &nbsp;&nbsp;7/17/2025 | &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;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms | &nbsp;&nbsp;7/17/2025 | &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;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails | &nbsp;&nbsp;7/17/2025 | &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;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore | &nbsp;&nbsp;7/17/2025 | &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 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;144830 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &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;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &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;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &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;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &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;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &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;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;5/14/2025 | &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;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;5/9/2025 | &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;726573 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;8/5/2025 | &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;213896 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;8/18/2025 | &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;271676 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;318805 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;6/24/2025 | &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;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;6/24/2025 | &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;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;6/24/2025 | &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;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;6/24/2025 | &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;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;6/24/2025 | &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;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;8/5/2025 | &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;195101 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;5/27/2025 | &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;0 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;1/27/2025 | &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;129163 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &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;0 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;6/26/2025 | &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;57041 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;87797 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &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;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &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;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;7/14/2025 | &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;81435 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;1/3/2025 | &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;0 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;6/25/2025 | &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;80791 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &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;67191 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;48117 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;7/2/2025 | &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;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;7/2/2025 | &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;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;7/2/2025 | &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;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;7/2/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes - X & AE | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp; NAP | &nbsp;&nbsp;NAP |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;7/2/2025 | &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;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;7/2/2025 | &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;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;7/2/2025 | &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;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;7/2/2025 | &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;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater 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;65331 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;6/16/2025 | &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;0 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;4/29/2025 | &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;520 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;24.01 | &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;24.02 | &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;24.03 | &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;24.04 | &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;24.05 | &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;24.06 | &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;24.07 | &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;24.08 | &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;24.09 | &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;24.1 | &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;24.11 | &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;24.12 | &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;24.13 | &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;24.14 | &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;24.15 | &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;24.16 | &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;24.17 | &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;24.18 | &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;24.19 | &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;24.2 | &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;24.21 | &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;24.22 | &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;24.23 | &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;24.24 | &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;24.25 | &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;24.26 | &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;24.27 | &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;24.28 | &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;24.29 | &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;24.3 | &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;24.31 | &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;24.32 | &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;24.33 | &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;24.34 | &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;24.35 | &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 |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 ($)** | &nbsp;&nbsp;**Annual Ground Rent Increases (Y/N)** | &nbsp;&nbsp;**Upfront RE Tax Reserve ($)** |
|  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;**17** |  |  |  |  | &nbsp;&nbsp;**18** |
| &nbsp;&nbsp;24.36 | &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;24.37 | &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;24.38 | &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;24.39 | &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;24.4 | &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;24.41 | &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;24.42 | &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;24.43 | &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;24.44 | &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;24.45 | &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;24.46 | &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;24.47 | &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;24.48 | &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;24.49 | &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;24.5 | &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;24.51 | &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;24.52 | &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;24.53 | &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;24.54 | &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;24.55 | &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;24.56 | &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;24.57 | &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;24.58 | &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;24.59 | &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;24.6 | &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;24.61 | &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;24.62 | &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;24.63 | &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;24.64 | &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;24.65 | &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;24.66 | &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;24.67 | &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;24.68 | &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;24.69 | &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;24.7 | &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;24.71 | &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;24.72 | &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;24.73 | &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;24.74 | &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;24.75 | &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;24.76 | &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;24.77 | &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;24.78 | &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;24.79 | &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;24.8 | &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;24.81 | &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;24.82 | &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 |  |
| &nbsp;&nbsp;24.83 | &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;24.84 | &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;24.85 | &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;24.86 | &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;24.87 | &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;24.88 | &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;24.89 | &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;24.9 | &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;24.91 | &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;24.92 | &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;24.93 | &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;24.94 | &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;24.95 | &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;24.96 | &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;24.97 | &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;24.98 | &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;24.99 | &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;24.1 | &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;24.101 | &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;24.102 | &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;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;3/11/2025 | &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;14032 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;7/16/2025 | &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;145286 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;8/20/2025 | &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;32517 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;2/21/2025 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee/Leasehold | &nbsp;&nbsp;4/30/2124 |  | &nbsp;&nbsp; - | &nbsp;&nbsp;Yes | &nbsp;&nbsp;230559 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;4/2/2025 | &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;2802 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;7/9/2025 | &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;23947 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;6/11/2025 | &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;46947 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;6/30/2025 | &nbsp;&nbsp;6/27/2025 | &nbsp;&nbsp;9% | &nbsp;&nbsp;Yes - AE | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp; NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;38125 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;7/2/2025 | &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;66871 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &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;19090 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;7/29/2025 | &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;51480 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;6/18/2025 | &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;23251 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;6/17/2025 | &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;73574 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &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;11066 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;6/10/2025 | &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;28451 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;3/4/2025 | &nbsp;&nbsp;3/4/2025 | &nbsp;&nbsp;14% | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp; NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;342855 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments |  |  |  |  |  |  |  |  |  | &nbsp;&nbsp;25410 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments | &nbsp;&nbsp;5/16/2025 | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;12% | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp; NAP | &nbsp;&nbsp;NAP |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;11% | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp; NAP | &nbsp;&nbsp;NAP |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;7/15/2025 | &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;10407 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;6/17/2025 | &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;71105 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;5/12/2025 | &nbsp;&nbsp;12% | &nbsp;&nbsp;No | &nbsp;&nbsp;Fee | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp; NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;20000 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;7/14/2025 | &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;37079 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**19** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**20** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;215990 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;2010 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;149231 | &nbsp;&nbsp;33207 | &nbsp;&nbsp;16604 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2839 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;46156 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;8638 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;5942 | &nbsp;&nbsp;34925 | &nbsp;&nbsp;11642 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2929 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;26458 | &nbsp;&nbsp;86230 | &nbsp;&nbsp;43095 | &nbsp;&nbsp;0 | &nbsp;&nbsp;37260 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;908216 | &nbsp;&nbsp;197336 | &nbsp;&nbsp;101195 | &nbsp;&nbsp;0 | &nbsp;&nbsp;12104 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;23766 | &nbsp;&nbsp;149571 | &nbsp;&nbsp;29914 | &nbsp;&nbsp;300000 | &nbsp;&nbsp;11296 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;45279 | &nbsp;&nbsp;65307 | &nbsp;&nbsp;6020 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1750 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;39851 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;3697 | &nbsp;&nbsp;3697 | &nbsp;&nbsp;133107 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;48775 | &nbsp;&nbsp;29313 | &nbsp;&nbsp;4886 | &nbsp;&nbsp;0 | &nbsp;&nbsp;864 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;98188 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;The greatest of (i) 4.0% of the projected Gross Revenue for the Property for the prior month, (ii) the then-current amount required by <br> the Management Agreement, and (iii) the then-current amount required by the Franchise Agreement for Approved Capital<br> Expenditures | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;18452 | &nbsp;&nbsp;28096 | &nbsp;&nbsp;9365 | &nbsp;&nbsp;82500 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;82500 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;432301 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;12015 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;5704 | &nbsp;&nbsp;10558 | &nbsp;&nbsp;5279 | &nbsp;&nbsp;0 | &nbsp;&nbsp;140 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;8780 | &nbsp;&nbsp;14471 | &nbsp;&nbsp;2894 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1379 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;13572 | &nbsp;&nbsp;8210 | &nbsp;&nbsp;2737 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1186 | &nbsp;&nbsp;37682 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;5040 | &nbsp;&nbsp;8739 | &nbsp;&nbsp;1900 | &nbsp;&nbsp;0 | &nbsp;&nbsp;896 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;26930 | &nbsp;&nbsp;31669 | &nbsp;&nbsp;10556 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1854 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;16798 | &nbsp;&nbsp;8431 | &nbsp;&nbsp;2810 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1720 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;8020 | &nbsp;&nbsp;40868 | &nbsp;&nbsp;3406 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1621 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;32665 | &nbsp;&nbsp;29806 | &nbsp;&nbsp;7695 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1581 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;260 | &nbsp;&nbsp;8793 | &nbsp;&nbsp;1465 | &nbsp;&nbsp;0 | &nbsp;&nbsp;271 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**19** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**20** |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;3508 | &nbsp;&nbsp;30190 | &nbsp;&nbsp;5032 | &nbsp;&nbsp;0 | &nbsp;&nbsp;833 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;36321 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;1458 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;9033 | &nbsp;&nbsp;21977 | &nbsp;&nbsp;6105 | &nbsp;&nbsp;237500 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;46112 | &nbsp;&nbsp;111053 | &nbsp;&nbsp;22211 | &nbsp;&nbsp;0 | &nbsp;&nbsp;5242 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;934 | &nbsp;&nbsp;29530 | &nbsp;&nbsp;4033 | &nbsp;&nbsp;0 | &nbsp;&nbsp;394 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;3421 | &nbsp;&nbsp;31167 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;120000 | &nbsp;&nbsp;2425 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;15649 | &nbsp;&nbsp;4014 | &nbsp;&nbsp;1003 | &nbsp;&nbsp;689 | &nbsp;&nbsp;689 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;9531 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;980 | &nbsp;&nbsp;23532 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;7430 | &nbsp;&nbsp;13801 | &nbsp;&nbsp;1110 | &nbsp;&nbsp;385 | &nbsp;&nbsp;385 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;3182 | &nbsp;&nbsp;6144 | &nbsp;&nbsp;1223 | &nbsp;&nbsp;0 | &nbsp;&nbsp;167 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;12870 | &nbsp;&nbsp;39709 | &nbsp;&nbsp;6618 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1938 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;11626 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;1363 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;10511 | &nbsp;&nbsp;10236 | &nbsp;&nbsp;2559 | &nbsp;&nbsp;717 | &nbsp;&nbsp;717 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;2766 | &nbsp;&nbsp;7589 | &nbsp;&nbsp;839 | &nbsp;&nbsp;11017 | &nbsp;&nbsp;142 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;9484 | &nbsp;&nbsp;6569 | &nbsp;&nbsp;1642 | &nbsp;&nbsp;504 | &nbsp;&nbsp;504 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;95237 | &nbsp;&nbsp;7725 | &nbsp;&nbsp;4828 | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;5082 | &nbsp;&nbsp;5309 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;871 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;2891 | &nbsp;&nbsp;7037 | &nbsp;&nbsp;2707 | &nbsp;&nbsp;0 | &nbsp;&nbsp;283 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;11405 | &nbsp;&nbsp;11888 | &nbsp;&nbsp;2972 | &nbsp;&nbsp;505 | &nbsp;&nbsp;505 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;4000 | &nbsp;&nbsp;3993 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;600 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;3371 | &nbsp;&nbsp;2656 | &nbsp;&nbsp;2656 | &nbsp;&nbsp;0 | &nbsp;&nbsp;229 | &nbsp;&nbsp;0 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 TI/LC Reserve ($)** | &nbsp;&nbsp;**Monthly TI/LC Reserve ($)** | &nbsp;&nbsp;**TI/LC Caps ($)** | &nbsp;&nbsp; **Upfront Debt Service Reserve ($)** | &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;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**20** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**20** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**18** |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;0 | &nbsp;&nbsp;20099 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;874975 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;9462 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1979062 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;1425320 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;13031 | &nbsp;&nbsp;12622150 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;36250 | &nbsp;&nbsp;300000 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;0 | &nbsp;&nbsp;3178 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;1209250 | &nbsp;&nbsp;4600000 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;300000 | &nbsp;&nbsp;28240 | &nbsp;&nbsp;1016649 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;310000 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;250 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;83358 | &nbsp;&nbsp;147600 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;437500 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;270504 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;270504 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;114146 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;14943426 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;18750 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;90000 | &nbsp;&nbsp;4187 | &nbsp;&nbsp;200000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;60313 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;219893 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;94000 |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;0 | &nbsp;&nbsp;581 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;73000 |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;0 | &nbsp;&nbsp;3163 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;85750 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;233384025 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;41250 | &nbsp;&nbsp;510000 |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;2476942 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 TI/LC Reserve ($)** | &nbsp;&nbsp;**Monthly TI/LC Reserve ($)** | &nbsp;&nbsp;**TI/LC Caps ($)** | &nbsp;&nbsp; **Upfront Debt Service Reserve ($)** | &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;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**20** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**19** | &nbsp;&nbsp;**20** | &nbsp;&nbsp;**18** | &nbsp;&nbsp;**18** |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;79688 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;103638 |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;134651 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;100000 | &nbsp;&nbsp;5883 | &nbsp;&nbsp;141189 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;229028 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;0 | &nbsp;&nbsp;7786 | &nbsp;&nbsp;280296 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;22234 | &nbsp;&nbsp;53159 |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;125 | &nbsp;&nbsp;125 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;3800000 | &nbsp;&nbsp;29215 | &nbsp;&nbsp;0 | &nbsp;&nbsp;349443 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;14150 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;734 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;33313 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;13628 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Monthly Other Reserve ($)** | &nbsp;&nbsp; **Other Reserve Description** | &nbsp;&nbsp;**Other Reserve Cap ($)** | &nbsp;&nbsp;**Holdback/ Earnout Amount ($)** | &nbsp;&nbsp;**Holdback/ Earnout Description** |
|  |  |  |  |  | &nbsp;&nbsp;**19** |  | &nbsp;&nbsp;**20** |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;0 | &nbsp;&nbsp;Free Rent Reserve (Upfront: $155,176); Unfunded Obligations Reserve (Upfront: $719,799) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;0 | &nbsp;&nbsp;Outstanding TI/LC Reserve (Upfront: $1,906,450); Free Rent Reserve (Upfront: $51,350); Outstanding Tenant <br> Charges (Upfront: $21,262) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;Rent Replication Reserve (Upfront: $4,401,644); MetLife and Regeneron Construction Reserve (Upfront: <br> $8,220,506.41) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Seasonality Reserve | &nbsp;&nbsp;300000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;0 | &nbsp;&nbsp;Amenity Space Reserve | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;Springing | &nbsp;&nbsp;RHD Leasing Reserve (Upfront: $310,000; Monthly: Springing), Unfunded Obligations Reserve (Springing) | &nbsp;&nbsp;2450000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Multifamily Rent Reserve (Upfront: $75,600; Monthly: Springing), Free Rent Reserve (Upfront: $72,000) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;145000 | &nbsp;&nbsp;Seasonality Reserve (Monthly: $145,000); PIP Reserve (Monthly: Springing) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;Unfunded Obligations Reserve (Upfront: $12,999,018); Gap Rent Reserve (Upfront: $1,944,408) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;Flagpole Removal Reserve | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;Section 467-m Reserve Funds | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;0 | &nbsp;&nbsp;Waterfront Market Reserve | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Free Rent Reserve (Monthly: Springing), Major Tenant Reserve (Monthly: Springing) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;0 | &nbsp;&nbsp;Vertex Tenant Improvements (Upfront: $173,530,598); Vertex Free Rent (Upfront: $58,450,518); Vertex Parking <br> Garage Credit (Upfront: $1,402,908) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;Rent Reserve | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Unfunded Obligations Reserve (Upfront: $2,476,941.61); Ground Lease Reserve (Monthly: Springing) | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Monthly Other Reserve ($)** | &nbsp;&nbsp; **Other Reserve Description** | &nbsp;&nbsp;**Other Reserve Cap ($)** | &nbsp;&nbsp;**Holdback/ Earnout Amount ($)** | &nbsp;&nbsp;**Holdback/ Earnout Description** |
|  |  |  |  |  | &nbsp;&nbsp;**19** |  | &nbsp;&nbsp;**20** |  |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;$1,000,000 earnout released upon i) EGI ≥ $93,900, ii) Occupancy ≥ 95.0%, iii) DY ≥ 9.5% or iv) DSCR 1.35x |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;Springing | &nbsp;&nbsp;PHFC Payments Subaccount | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;421-a Tax Abatement Reserve | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;0 | &nbsp;&nbsp;Gap Rent Reserve | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Material Tenant Funds Reserve | &nbsp;&nbsp;7500000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;0 |  | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;0 | &nbsp;&nbsp;Insurance Waiver Funds | &nbsp;&nbsp;0 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Lockbox Type** | &nbsp;&nbsp;**Cash Management** | &nbsp;&nbsp;**Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)** | &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;**26** | &nbsp;&nbsp;**26** |  |  |  |  |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;40000000 | &nbsp;&nbsp;60000000 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;Soft (Residential); Hard (Commercial) | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;27000000 | &nbsp;&nbsp;121000000 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;15250000 | &nbsp;&nbsp;77750000 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;11000000 | &nbsp;&nbsp;25000000 |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;10000000 | &nbsp;&nbsp;548800000 |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;9571000 | &nbsp;&nbsp;737629000 |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Lockbox Type** | &nbsp;&nbsp;**Cash Management** | &nbsp;&nbsp;**Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)** | &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;**26** | &nbsp;&nbsp;**26** |  |  |  |  |  |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;8137500 | &nbsp;&nbsp;15112500 |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;Hard | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;3700000 | &nbsp;&nbsp;59500000 |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;Soft | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Springing | &nbsp;&nbsp;Yes | &nbsp;&nbsp;No | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**Whole Loan Cut-off Date LTV Ratio (%)** |
|  |  |  |  |  | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**9** |  |  |  | &nbsp;&nbsp;**9** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &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;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &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;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;393642.36 | &nbsp;&nbsp;656070.60 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;656070.60 | &nbsp;&nbsp;62.5% |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &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;East Bay Inn |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;546967.71 | &nbsp;&nbsp;668626.77 | &nbsp;&nbsp;132000000 | &nbsp;&nbsp;7.41000% | &nbsp;&nbsp;280000000 | &nbsp;&nbsp;1495047.60 | &nbsp;&nbsp;74.1% |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &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;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &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;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &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;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &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;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &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;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;442761.05 | &nbsp;&nbsp;529604.86 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;93000000 | &nbsp;&nbsp;529604.86 | &nbsp;&nbsp;58.0% |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &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;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &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;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &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;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;131699.95 | &nbsp;&nbsp;189647.92 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;189647.92 | &nbsp;&nbsp;60.9% |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &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;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &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;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;2288536.78 | &nbsp;&nbsp;2330237.52 | &nbsp;&nbsp;441200000 | &nbsp;&nbsp;6.43192% | &nbsp;&nbsp;1000000000 | &nbsp;&nbsp;4727883.50 | &nbsp;&nbsp;60.8% |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &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, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;3350315.82 | &nbsp;&nbsp;3393787.37 | &nbsp;&nbsp;412800000 | &nbsp;&nbsp;8.25105% | &nbsp;&nbsp;1160000000 | &nbsp;&nbsp;6271570.59 | &nbsp;&nbsp;68.0% |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**Whole Loan Cut-off Date LTV Ratio (%)** |
|  |  |  |  |  | &nbsp;&nbsp;**9** | &nbsp;&nbsp;**9** |  |  |  | &nbsp;&nbsp;**9** |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &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;30-58 and 30-64 34th Street | &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;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &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;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;92317.43 | &nbsp;&nbsp;142026.82 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;23250000 | &nbsp;&nbsp;142026.82 | &nbsp;&nbsp;56.0% |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &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;1 | &nbsp;&nbsp;Playa Blanca Apartments | &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;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U 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;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;333554.66 | &nbsp;&nbsp;354296.71 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;63200000 | &nbsp;&nbsp;354296.71 | &nbsp;&nbsp;38.1% |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 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** |  |  |  |  | &nbsp;&nbsp;**9** |  | &nbsp;&nbsp;**13** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;1.44 | &nbsp;&nbsp;11.4% | &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;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC 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;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;6100000 | &nbsp;&nbsp;13.00000% | &nbsp;&nbsp;33600000 | &nbsp;&nbsp;264965.55 | &nbsp;&nbsp;71.6% | &nbsp;&nbsp;1.26 | &nbsp;&nbsp;13.2% |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;1.12 | &nbsp;&nbsp;7.2% | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;18.00000% | &nbsp;&nbsp;380000000 | &nbsp;&nbsp;3015880.93 | &nbsp;&nbsp;100.5% | &nbsp;&nbsp;0.55 | &nbsp;&nbsp;5.3% |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution 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;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS 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;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd 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;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &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;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street 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;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage 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;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford 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;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;1.33 | &nbsp;&nbsp;8.5% | &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;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC 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;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater 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;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;1.62 | &nbsp;&nbsp;9.2% | &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;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th 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;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &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;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 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** |  |  |  |  | &nbsp;&nbsp;**9** |  | &nbsp;&nbsp;**13** |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd 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;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th 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;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;1.38 | &nbsp;&nbsp;10.4% | &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;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th 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;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca 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;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 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;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades 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;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U 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;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;1.77 | &nbsp;&nbsp;12.2% | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon 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;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main 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;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth 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;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home 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 |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Delaware Statutory Trust <br> (Y/N)** |
|  |  |  |  |  | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**13** |  | &nbsp;&nbsp;**24** |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Jeffrey J. Feil | &nbsp;&nbsp;Jeffrey J. Feil | &nbsp;&nbsp;No |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Abraham Guttman, Abraham Ekstein and Shrage Posen | &nbsp;&nbsp;Abraham Guttman, Abraham Ekstein and Shrage Posen | &nbsp;&nbsp;No |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;David B. Rubenstein | &nbsp;&nbsp;Rubenstein Properties Fund II, L.P. | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Nancy P. McKee | &nbsp;&nbsp;Nancy P. McKee | &nbsp;&nbsp;No |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Travis Shelhorse | &nbsp;&nbsp;Travis Shelhorse | &nbsp;&nbsp;No |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;60 Guilders, LLC | &nbsp;&nbsp;Ouni Mamrout and Yousef Althkefati | &nbsp;&nbsp;No |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Kalmon Dolgin and Neil Dolgin | &nbsp;&nbsp;Kalmon Dolgin and Neil Dolgin | &nbsp;&nbsp;No |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Arul Thangavel and Ananthan Thangavel | &nbsp;&nbsp;Arul Thangavel and Ananthan Thangavel | &nbsp;&nbsp;No |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;QRV Holdco, LLC | &nbsp;&nbsp;QRV Holdco, LLC | &nbsp;&nbsp;No |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Amir Shriki and Stephen Guttman | &nbsp;&nbsp;Amir Shriki and Stephen Guttman | &nbsp;&nbsp;No |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Joshua Roshanzamir and Justin Adelipour | &nbsp;&nbsp;Joshua Roshanzamir and Justin Adelipour | &nbsp;&nbsp;No |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Albert Travis Spaulding and Mauricio A. Benavides | &nbsp;&nbsp;Albert Travis Spaulding and Mauricio A. Benavides | &nbsp;&nbsp;No |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &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;No |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Joseph Niederman | &nbsp;&nbsp;Joseph Niederman | &nbsp;&nbsp;No |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;John P. Huffman | &nbsp;&nbsp;John P. Huffman | &nbsp;&nbsp;No |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Nicholas Sim, Chia-Ying I. Liu-Sim and Derek Wong | &nbsp;&nbsp;Nicholas Sim, Chia-Ying I. Liu-Sim and Derek Wong | &nbsp;&nbsp;No |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Isreal C. Hirsch and Chayim Rosenfeld | &nbsp;&nbsp;Isreal C. Hirsch and Chayim Rosenfeld | &nbsp;&nbsp;No |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Joseph A. Daibes | &nbsp;&nbsp;Joseph A. Daibes | &nbsp;&nbsp;No |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Chris Lavin and Nathaniel Armstrong | &nbsp;&nbsp;Chris Lavin and Nathaniel Armstrong | &nbsp;&nbsp;No |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Michael Z. Anise and D. Kyle Cerminara | &nbsp;&nbsp;Michael Z. Anise and D. Kyle Cerminara | &nbsp;&nbsp;No |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Eugene Mendlowits | &nbsp;&nbsp;Eugene Mendlowits | &nbsp;&nbsp;No |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Future Mezzanine Loan | &nbsp;&nbsp;Diversified Healthcare Trust | &nbsp;&nbsp;Diversified Healthcare Trust | &nbsp;&nbsp;No |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Menachem M. Raskin | &nbsp;&nbsp;Menachem M. Raskin | &nbsp;&nbsp;No |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &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;No |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**Delaware Statutory Trust <br> (Y/N)** |
|  |  |  |  |  | &nbsp;&nbsp;**13** | &nbsp;&nbsp;**13** |  | &nbsp;&nbsp;**24** |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Steven Westreich | &nbsp;&nbsp;Steven Westreich | &nbsp;&nbsp;No |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Philip Eisenberg | &nbsp;&nbsp;Urban American Holdings IV, LLC | &nbsp;&nbsp;No |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Vincent LaVecchia | &nbsp;&nbsp;Vincent LaVecchia | &nbsp;&nbsp;No |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Ben Suttles, Feras Moussa, Oliver Fernandez, Brandon Turner and Brian Murray | &nbsp;&nbsp;Ben Suttles, Feras Moussa, Oliver Fernandez, Brandon Turner and Brian Murray | &nbsp;&nbsp;No |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Vahe Sahakyan and Rony Zeltser | &nbsp;&nbsp;Vahe Sahakyan and Rony Zeltser | &nbsp;&nbsp;No |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Joel Weinberger, Samuel Weinberger, Eliezer J. Jeremias and Moshe Greenzweig | &nbsp;&nbsp;Joel Weinberger, Samuel Weinberger, Eliezer J. Jeremias and Moshe Greenzweig | &nbsp;&nbsp;No |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Dahn Corporation | &nbsp;&nbsp;Dahn Corporation | &nbsp;&nbsp;No |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Matthew T. White | &nbsp;&nbsp;Matthew T. White | &nbsp;&nbsp;No |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;D. Kyle Cerminara, Michael Z. Anise and FG Communities Inc. | &nbsp;&nbsp;D. Kyle Cerminara, Michael Z. Anise and FG Communities Inc. | &nbsp;&nbsp;No |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Jacob Fulop | &nbsp;&nbsp;Jacob Fulop | &nbsp;&nbsp;No |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Wilfredo Santos | &nbsp;&nbsp;Wilfredo Santos | &nbsp;&nbsp;No |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Yaron Kandelker | &nbsp;&nbsp;Yaron Kandelker | &nbsp;&nbsp;No |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;MHP Management, LLC and Dahn Corporation | &nbsp;&nbsp;MHP Management, LLC and Dahn Corporation | &nbsp;&nbsp;No |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Parag Sawhney, Raymond Chera and Adam Greene | &nbsp;&nbsp;Parag Sawhney, Raymond Chera and Adam Greene | &nbsp;&nbsp;No |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Dahn Corporation | &nbsp;&nbsp;Dahn Corporation | &nbsp;&nbsp;No |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Paul Thomas Casey and Brett Michael Foy | &nbsp;&nbsp;Paul Thomas Casey and Brett Michael Foy | &nbsp;&nbsp;No |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Baldassare Raymond Russo IV and Linda R. Russo | &nbsp;&nbsp;Baldassare Raymond Russo IV and Linda R. Russo | &nbsp;&nbsp;No |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Josef Feldman and Jacob Feldman | &nbsp;&nbsp;Josef Feldman and Jacob Feldman | &nbsp;&nbsp;No |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;MHP Management, LLC and Dahn Corporation | &nbsp;&nbsp;MHP Management, LLC and Dahn Corporation | &nbsp;&nbsp;No |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Baldassare Raymond Russo IV, Linda R. Russo and Jeanne Sommerville | &nbsp;&nbsp;Baldassare Raymond Russo IV, Linda R. Russo and Jeanne Sommerville | &nbsp;&nbsp;No |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;No | &nbsp;&nbsp;NAP | &nbsp;&nbsp;Omar Capellan | &nbsp;&nbsp;Omar Capellan | &nbsp;&nbsp;No |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**33** |  | &nbsp;&nbsp;**29** |  |  |  |  |  |  |
| &nbsp;&nbsp;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;63750000 | &nbsp;&nbsp;350659 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;64100659 | &nbsp;&nbsp;61532513 |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;56000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;56000000 | &nbsp;&nbsp;49807621 |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;83096796 |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;28681503 |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance/Acquisition |  | &nbsp;&nbsp;27500000 | &nbsp;&nbsp;2804228 | &nbsp;&nbsp;6100000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;36404228 | &nbsp;&nbsp;4969916 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;148000000 | &nbsp;&nbsp;38343408 | &nbsp;&nbsp;132000000 | &nbsp;&nbsp;50000000 | &nbsp;&nbsp;368343408 | &nbsp;&nbsp;346635254 |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;1173367 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;26173367 | &nbsp;&nbsp;23887625 |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;24200000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;24200000 | &nbsp;&nbsp;23158069 |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  | &nbsp;&nbsp;23460000 | &nbsp;&nbsp;3875863 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;27335863 | &nbsp;&nbsp;26431778 |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;13811080 |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;18500000 | &nbsp;&nbsp;1131730 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;19631730 | &nbsp;&nbsp;18357707 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No | &nbsp;&nbsp;17220000 | &nbsp;&nbsp;8750717 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;25970717 | &nbsp;&nbsp;0 |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No | &nbsp;&nbsp;93000000 | &nbsp;&nbsp;1975547 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;94975547 | &nbsp;&nbsp;75227499 |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;6065376 |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;8501469 |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;Yes | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition |  |  |  |  |  |  |  |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  |  |  |  |  |  |  |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;**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;**33** |  | &nbsp;&nbsp;**29** |  |  |  |  |  |  |
| &nbsp;&nbsp;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes |  |  |  |  |  |  |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;No | &nbsp;&nbsp;Acquisition | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance |  |  |  |  |  |  |  |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;No |  |  |  |  |  |  |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park | &nbsp;&nbsp;No | &nbsp;&nbsp;Refinance | &nbsp;&nbsp;Yes |  |  |  |  |  |  |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;1 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;0 | &nbsp;&nbsp;613220 | &nbsp;&nbsp;1954925 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;64100659 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;2 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;0 | &nbsp;&nbsp;2061823 | &nbsp;&nbsp;3210500 | &nbsp;&nbsp;920056 | &nbsp;&nbsp;0 | &nbsp;&nbsp;56000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;3 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;2075960 | &nbsp;&nbsp;14198971 | &nbsp;&nbsp;628273 | &nbsp;&nbsp;0 | &nbsp;&nbsp;100000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;1045432 | &nbsp;&nbsp;70580 | &nbsp;&nbsp;6202485 | &nbsp;&nbsp;0 | &nbsp;&nbsp;36000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Highridge |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Crumley Farms |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Boulder Trails |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;4.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Sizemore |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;5 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;29050000 | &nbsp;&nbsp;1817001 | &nbsp;&nbsp;567310 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;36404228 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;325.13 |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;256.74 |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;268.19 |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;472.25 |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;344.36 |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;368.96 |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;368.20 |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;0 | &nbsp;&nbsp;14974995 | &nbsp;&nbsp;6733159 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;368343408 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;7 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;1012275 | &nbsp;&nbsp;1273467 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;26173367 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;0 | &nbsp;&nbsp;356241 | &nbsp;&nbsp;336983 | &nbsp;&nbsp;348707 | &nbsp;&nbsp;0 | &nbsp;&nbsp;24200000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;581584 | &nbsp;&nbsp;322502 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;27335863 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;10 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd Street | &nbsp;&nbsp;0 | &nbsp;&nbsp;1712938 | &nbsp;&nbsp;455372 | &nbsp;&nbsp;7020610 | &nbsp;&nbsp;0 | &nbsp;&nbsp;23000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;0 | &nbsp;&nbsp;836523 | &nbsp;&nbsp;437500 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;19631730 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;227.84 |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;25000000 | &nbsp;&nbsp;360455 | &nbsp;&nbsp;610263 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;25970717 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;13 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;4, 7, 12, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Gateway Industrial Center | &nbsp;&nbsp;0 | &nbsp;&nbsp;3804622 | &nbsp;&nbsp;15943426 | &nbsp;&nbsp;0 | &nbsp;&nbsp;0 | &nbsp;&nbsp;94975547 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street Retail | &nbsp;&nbsp;0 | &nbsp;&nbsp;1610893 | &nbsp;&nbsp;67599 | &nbsp;&nbsp;7256131 | &nbsp;&nbsp;0 | &nbsp;&nbsp;15000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage Portfolio | &nbsp;&nbsp;0 | &nbsp;&nbsp;419352 | &nbsp;&nbsp;121018 | &nbsp;&nbsp;3958160 | &nbsp;&nbsp;0 | &nbsp;&nbsp;13000000 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;16 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;17 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC Portfolio |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;21 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;23 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &nbsp;&nbsp;102 | &nbsp;&nbsp;ILPT 2025 Portfolio |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;996 Paragon Way |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-399 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11224 Will Walker Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;10450 Doral Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1580, 1590 & 1600 Williams Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;32150 Just Imagine Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6850 Weber Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1341 N. Clyde Morris Blvd. |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.09 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;27200 SW 127th Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7410 Magi Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.11 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2375 East Newlands Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.12 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3800 Midlink Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.13 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13509 Waterworks Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.14 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;13400 East 39th Avenue and 3800 Wheeling Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.15 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-141 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.16 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9860 West Buckeye Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.17 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;125 North Troy Hill Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.18 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11900 Trolley Lane |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.19 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;11501 Wilkinson Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.2 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2300 North 33rd Avenue East |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.21 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5001 West Delbridge Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.22 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-238 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.23 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1892 Anfield Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.24 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;9215-9347 E Pendleton Pike |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.25 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;955 Aeroplaza Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.26 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3155 Grissom Parkway |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.27 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3502 Enterprise Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.28 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3870 Ronald Reagan Boulevard |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.29 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;700 Marine Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.3 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3245 Henry Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.31 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2701 S.W. 18th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.32 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2482 Century Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.33 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;158 West Yard Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.34 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;55 Commerce Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.35 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 West Commerce Way |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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;24.36 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1095 South 4800 West |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.37 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;950 Bennett Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.38 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;985 Kershaw Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.39 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1990 Hood Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.4 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;17200 Manchac Park Lane |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.41 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7409 Magi Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.42 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-329 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.43 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1985 International Way |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.44 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;200 Orange Point Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.45 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-241 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.46 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2311 South Park Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.47 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2820 State Highway 31 |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.48 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;8000 Mid America Blvd. |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.49 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;14257 E. Easter Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.5 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-080 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.51 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3736 Salisbury Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.52 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-027 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.53 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;150 Greenhorn Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.54 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7130 Q Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.55 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;235 Great Pond Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.56 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;510 Production Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.57 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-150 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.58 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;4501 Industrial Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.59 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-222 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.6 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2580 Technology Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.61 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;301 Commerce Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.62 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;7121 South Fifth Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.63 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;590 Assembly Court |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.64 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-250 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.65 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-220 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.66 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-185 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.67 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-300 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.68 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5501 Providence Hill Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.69 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-259 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.7 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2 Tower Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.71 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-064 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.72 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-202 Kalaeloa |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.73 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2100 NW 82nd Avenue |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.74 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-102 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.75 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1230 West 171st Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.76 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-400 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.77 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-265 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.78 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-255 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.79 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;1415 Industrial Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.8 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;209 South Bud Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.81 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-110 Kaomi Loop |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.82 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3900 NE 6th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.83 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-218 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.84 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5795 Logistics Parkway |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.85 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.86 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;435 SE 70th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.87 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2902 Gun Club Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.88 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-210 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.89 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-95 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.9 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;2401 Cram Avenue SE |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.91 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-083 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.92 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-119 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.93 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;3425 Maple Drive |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.94 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-174 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.95 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;5156 American Road |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.96 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-252 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.97 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-349 Kauhi |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.98 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-175 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.99 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-087 Hanua |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.1 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-171 Olai |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.101 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-410 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.102 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;91-416 Komohana |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;28 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;29 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 Broadway |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Richmond |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business Center |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main Street |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth Apartments |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home Park |  |  |  |  |  |  | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 RevPAR ($)** | &nbsp;&nbsp;**Underwritten Hotel Occupancy (%)** | &nbsp;&nbsp;**Most Recent ADR ($)** | &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;2, 4, 10, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;251 Park Avenue South | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;4 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Spring Valley Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;2, 4, 7, 10, 12, 16, 18, 23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Warren Corporate 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;NAP |
| &nbsp;&nbsp;4 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 29 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Southeast MHC 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;NAP |
| &nbsp;&nbsp;4.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pine Hill & Pine Manor | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;Highridge | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;Crumley Farms | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;Boulder Trails | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;Sizemore | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;6, 13, 19 | &nbsp;&nbsp;6 | &nbsp;&nbsp;Verdigreen Hotels Portfolio | &nbsp;&nbsp;231.98 | &nbsp;&nbsp;71.3% | &nbsp;&nbsp;325.13 | &nbsp;&nbsp;231.98 | &nbsp;&nbsp;71.3% | &nbsp;&nbsp;320.92 | &nbsp;&nbsp;229.40 | &nbsp;&nbsp;71.5% | &nbsp;&nbsp;312.40 | &nbsp;&nbsp;228.34 | &nbsp;&nbsp;73.1% |
| &nbsp;&nbsp;5.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;East Bay Inn | &nbsp;&nbsp;189.48 | &nbsp;&nbsp;73.8% | &nbsp;&nbsp;256.74 | &nbsp;&nbsp;189.48 | &nbsp;&nbsp;73.8% | &nbsp;&nbsp;247.95 | &nbsp;&nbsp;188.17 | &nbsp;&nbsp;75.9% | &nbsp;&nbsp;248.36 | &nbsp;&nbsp;198.93 | &nbsp;&nbsp;80.1% |
| &nbsp;&nbsp;5.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eliza Thompson House | &nbsp;&nbsp;204.36 | &nbsp;&nbsp;76.2% | &nbsp;&nbsp;268.19 | &nbsp;&nbsp;204.36 | &nbsp;&nbsp;76.2% | &nbsp;&nbsp;267.30 | &nbsp;&nbsp;203.07 | &nbsp;&nbsp;76.0% | &nbsp;&nbsp;264.85 | &nbsp;&nbsp;204.28 | &nbsp;&nbsp;77.1% |
| &nbsp;&nbsp;5.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Marrero's Guest Mansion | &nbsp;&nbsp;353.24 | &nbsp;&nbsp;74.8% | &nbsp;&nbsp;472.25 | &nbsp;&nbsp;353.24 | &nbsp;&nbsp;74.8% | &nbsp;&nbsp;469.37 | &nbsp;&nbsp;347.80 | &nbsp;&nbsp;74.1% | &nbsp;&nbsp;426.88 | &nbsp;&nbsp;302.23 | &nbsp;&nbsp;70.8% |
| &nbsp;&nbsp;5.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hotel Mountain Brook | &nbsp;&nbsp;193.88 | &nbsp;&nbsp;56.3% | &nbsp;&nbsp;344.36 | &nbsp;&nbsp;193.88 | &nbsp;&nbsp;56.3% | &nbsp;&nbsp;353.62 | &nbsp;&nbsp;193.08 | &nbsp;&nbsp;54.6% | &nbsp;&nbsp;341.22 | &nbsp;&nbsp;180.84 | &nbsp;&nbsp;53.0% |
| &nbsp;&nbsp;5.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Gastonian | &nbsp;&nbsp;262.15 | &nbsp;&nbsp;71.1% | &nbsp;&nbsp;368.96 | &nbsp;&nbsp;262.15 | &nbsp;&nbsp;71.1% | &nbsp;&nbsp;356.66 | &nbsp;&nbsp;257.23 | &nbsp;&nbsp;72.1% | &nbsp;&nbsp;352.82 | &nbsp;&nbsp;267.30 | &nbsp;&nbsp;75.8% |
| &nbsp;&nbsp;5.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kehoe House | &nbsp;&nbsp;283.88 | &nbsp;&nbsp;77.1% | &nbsp;&nbsp;368.20 | &nbsp;&nbsp;283.88 | &nbsp;&nbsp;77.1% | &nbsp;&nbsp;366.81 | &nbsp;&nbsp;279.07 | &nbsp;&nbsp;76.1% | &nbsp;&nbsp;365.89 | &nbsp;&nbsp;291.87 | &nbsp;&nbsp;79.8% |
| &nbsp;&nbsp;6 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 13, 19, 26, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;180 Water | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;18, 20, 23, 31, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Philadelphia Design and Distribution 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;NAP |
| &nbsp;&nbsp;8 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Than Tower | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;3, 4, 6, 10, 12, 19, 31 | &nbsp;&nbsp;5 | &nbsp;&nbsp;Quality RV Resort & SS 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;NAP |
| &nbsp;&nbsp;9.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Eastlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Northlake RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Westlake Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;9.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Lakeview Expansion RV Resort | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;3, 18, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;321-325 West 42nd 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;NAP |
| &nbsp;&nbsp;11 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 19, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Life Hotel | &nbsp;&nbsp;187.83 | &nbsp;&nbsp;82.4% | &nbsp;&nbsp;227.84 | &nbsp;&nbsp;187.83 | &nbsp;&nbsp;82.4% | &nbsp;&nbsp;217.33 | &nbsp;&nbsp;180.22 | &nbsp;&nbsp;82.9% | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV | &nbsp;&nbsp;NAV |
| &nbsp;&nbsp;12 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;15, 16, 18, 19, 23, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Precise Space | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;4, 7, 12, 19, 23, 31 | &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;NAP |
| &nbsp;&nbsp;14 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 23, 29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Supreme High Street 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;NAP |
| &nbsp;&nbsp;15 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 6 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Beechgrove & Buttermilk Pike Self Storage 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;NAP |
| &nbsp;&nbsp;15.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Beechgrove Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;15.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Buttermilk Pike Self Storage | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;10, 20, 33 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Augusta Ranch Marketplace | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;5, 16, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;22 Milford 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;NAP |
| &nbsp;&nbsp;18 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 7, 12, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;1000 Portside 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;NAP |
| &nbsp;&nbsp;19 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3 | &nbsp;&nbsp;1 | &nbsp;&nbsp;City Deck Landing | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;3, 6, 16, 25, 28, 30 | &nbsp;&nbsp;8 | &nbsp;&nbsp;FG Communities MHC 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;NAP |
| &nbsp;&nbsp;20.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Rolling Hills | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pineview | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.03 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Pleasant Acres | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.04 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Carolina Pines | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.05 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Zion Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.06 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Hildebran Highlands | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.07 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Quaker Meadows | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;20.08 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Green Acres | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;16, 19, 28, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;7 Slater 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;NAP |
| &nbsp;&nbsp;22 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 7, 12, 13, 18, 30, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Vertex HQ | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;2, 16, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;219 and 221 South 4th 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;NAP |
| &nbsp;&nbsp;24 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;1, 5, 6, 7, 12, 17, 29, 30 | &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;NAP |
| &nbsp;&nbsp;24.01 | &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;NAP |
| &nbsp;&nbsp;24.02 | &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;NAP |
| &nbsp;&nbsp;24.03 | &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;NAP |
| &nbsp;&nbsp;24.04 | &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;NAP |
| &nbsp;&nbsp;24.05 | &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;NAP |
| &nbsp;&nbsp;24.06 | &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;NAP |
| &nbsp;&nbsp;24.07 | &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;NAP |
| &nbsp;&nbsp;24.08 | &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;NAP |
| &nbsp;&nbsp;24.09 | &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;NAP |
| &nbsp;&nbsp;24.1 | &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;NAP |
| &nbsp;&nbsp;24.11 | &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;NAP |
| &nbsp;&nbsp;24.12 | &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;NAP |
| &nbsp;&nbsp;24.13 | &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;NAP |
| &nbsp;&nbsp;24.14 | &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;NAP |
| &nbsp;&nbsp;24.15 | &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;NAP |
| &nbsp;&nbsp;24.16 | &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;NAP |
| &nbsp;&nbsp;24.17 | &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;NAP |
| &nbsp;&nbsp;24.18 | &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;NAP |
| &nbsp;&nbsp;24.19 | &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;NAP |
| &nbsp;&nbsp;24.2 | &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;NAP |
| &nbsp;&nbsp;24.21 | &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;NAP |
| &nbsp;&nbsp;24.22 | &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;NAP |
| &nbsp;&nbsp;24.23 | &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;NAP |
| &nbsp;&nbsp;24.24 | &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;NAP |
| &nbsp;&nbsp;24.25 | &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;NAP |
| &nbsp;&nbsp;24.26 | &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;NAP |
| &nbsp;&nbsp;24.27 | &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;NAP |
| &nbsp;&nbsp;24.28 | &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;NAP |
| &nbsp;&nbsp;24.29 | &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;NAP |
| &nbsp;&nbsp;24.3 | &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;NAP |
| &nbsp;&nbsp;24.31 | &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;NAP |
| &nbsp;&nbsp;24.32 | &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;NAP |
| &nbsp;&nbsp;24.33 | &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;NAP |
| &nbsp;&nbsp;24.34 | &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;NAP |
| &nbsp;&nbsp;24.35 | &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;NAP |

---

**BMO 2025-5C12**

**Annex A**

---

| | | | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &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 RevPAR ($)** | &nbsp;&nbsp;**Underwritten Hotel Occupancy (%)** | &nbsp;&nbsp;**Most Recent ADR ($)** | &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;24.36 | &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;NAP |
| &nbsp;&nbsp;24.37 | &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;NAP |
| &nbsp;&nbsp;24.38 | &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;NAP |
| &nbsp;&nbsp;24.39 | &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;NAP |
| &nbsp;&nbsp;24.4 | &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;NAP |
| &nbsp;&nbsp;24.41 | &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;NAP |
| &nbsp;&nbsp;24.42 | &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;NAP |
| &nbsp;&nbsp;24.43 | &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;NAP |
| &nbsp;&nbsp;24.44 | &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;NAP |
| &nbsp;&nbsp;24.45 | &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;NAP |
| &nbsp;&nbsp;24.46 | &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;NAP |
| &nbsp;&nbsp;24.47 | &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;NAP |
| &nbsp;&nbsp;24.48 | &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;NAP |
| &nbsp;&nbsp;24.49 | &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;NAP |
| &nbsp;&nbsp;24.5 | &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;NAP |
| &nbsp;&nbsp;24.51 | &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;NAP |
| &nbsp;&nbsp;24.52 | &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;NAP |
| &nbsp;&nbsp;24.53 | &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;NAP |
| &nbsp;&nbsp;24.54 | &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;NAP |
| &nbsp;&nbsp;24.55 | &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;NAP |
| &nbsp;&nbsp;24.56 | &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;NAP |
| &nbsp;&nbsp;24.57 | &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;NAP |
| &nbsp;&nbsp;24.58 | &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;NAP |
| &nbsp;&nbsp;24.59 | &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;NAP |
| &nbsp;&nbsp;24.6 | &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;NAP |
| &nbsp;&nbsp;24.61 | &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;NAP |
| &nbsp;&nbsp;24.62 | &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;NAP |
| &nbsp;&nbsp;24.63 | &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;NAP |
| &nbsp;&nbsp;24.64 | &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;NAP |
| &nbsp;&nbsp;24.65 | &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;NAP |
| &nbsp;&nbsp;24.66 | &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;NAP |
| &nbsp;&nbsp;24.67 | &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;NAP |
| &nbsp;&nbsp;24.68 | &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;NAP |
| &nbsp;&nbsp;24.69 | &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;NAP |
| &nbsp;&nbsp;24.7 | &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;NAP |
| &nbsp;&nbsp;24.71 | &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;NAP |
| &nbsp;&nbsp;24.72 | &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;NAP |
| &nbsp;&nbsp;24.73 | &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;NAP |
| &nbsp;&nbsp;24.74 | &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;NAP |
| &nbsp;&nbsp;24.75 | &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;NAP |
| &nbsp;&nbsp;24.76 | &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;NAP |
| &nbsp;&nbsp;24.77 | &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;NAP |
| &nbsp;&nbsp;24.78 | &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;NAP |
| &nbsp;&nbsp;24.79 | &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;NAP |
| &nbsp;&nbsp;24.8 | &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;NAP |
| &nbsp;&nbsp;24.81 | &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;NAP |
| &nbsp;&nbsp;24.82 | &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 | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;24.83 | &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;NAP |
| &nbsp;&nbsp;24.84 | &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;NAP |
| &nbsp;&nbsp;24.85 | &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;NAP |
| &nbsp;&nbsp;24.86 | &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;NAP |
| &nbsp;&nbsp;24.87 | &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;NAP |
| &nbsp;&nbsp;24.88 | &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;NAP |
| &nbsp;&nbsp;24.89 | &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;NAP |
| &nbsp;&nbsp;24.9 | &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;NAP |
| &nbsp;&nbsp;24.91 | &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;NAP |
| &nbsp;&nbsp;24.92 | &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;NAP |
| &nbsp;&nbsp;24.93 | &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;NAP |
| &nbsp;&nbsp;24.94 | &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;NAP |
| &nbsp;&nbsp;24.95 | &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;NAP |
| &nbsp;&nbsp;24.96 | &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;NAP |
| &nbsp;&nbsp;24.97 | &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;NAP |
| &nbsp;&nbsp;24.98 | &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;NAP |
| &nbsp;&nbsp;24.99 | &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;NAP |
| &nbsp;&nbsp;24.1 | &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;NAP |
| &nbsp;&nbsp;24.101 | &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;NAP |
| &nbsp;&nbsp;24.102 | &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;NAP |
| &nbsp;&nbsp;25 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 18 | &nbsp;&nbsp;1 | &nbsp;&nbsp;East 232nd 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;NAP |
| &nbsp;&nbsp;26 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;30-58 and 30-64 34th 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;NAP |
| &nbsp;&nbsp;27 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;The Vue at 214 | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;1, 5, 7, 10, 17, 27 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Parkwyn Townhomes | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;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;2, 16, 27, 29, 31 | &nbsp;&nbsp;1 | &nbsp;&nbsp;27 Brighton 11th 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;NAP |
| &nbsp;&nbsp;30 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Playa Blanca 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;NAP |
| &nbsp;&nbsp;31 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Fairfax Station | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;32 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;23, 30 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Waterfront Office | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;33 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16, 25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;River View MHC | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;34 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;340 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;NAP |
| &nbsp;&nbsp;35 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Palisades 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;NAP |
| &nbsp;&nbsp;36 | &nbsp;&nbsp;Loan |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;6100 Rockside Woods | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;37 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U 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;NAP |
| &nbsp;&nbsp;38 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;3, 10, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;116 St. Marks | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;39 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Highlands Ranch | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;40 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;7, 15, 16, 19 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Century Business 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;NAP |
| &nbsp;&nbsp;41 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;6, 12, 25 | &nbsp;&nbsp;2 | &nbsp;&nbsp;Kimberly & Shannon 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;NAP |
| &nbsp;&nbsp;41.01 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Shannon 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;NAP |
| &nbsp;&nbsp;41.02 | &nbsp;&nbsp;Property |  | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kimberly 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;NAP |
| &nbsp;&nbsp;42 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;2, 16 | &nbsp;&nbsp;1 | &nbsp;&nbsp;41 North Main 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;NAP |
| &nbsp;&nbsp;43 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Mini U Storage - Houston Katy | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP | &nbsp;&nbsp;NAP |
| &nbsp;&nbsp;44 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;25 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Kenneth 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;NAP |
| &nbsp;&nbsp;45 | &nbsp;&nbsp;Loan | &nbsp;&nbsp;29 | &nbsp;&nbsp;1 | &nbsp;&nbsp;Ramar Mobile Home 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;NAP |

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| **<u>Footnotes to Annex A</u>** | **<u>Footnotes to Annex A</u>** |
| (1) | "BMO" denotes Bank of Montreal as Mortgage Loan Seller, "AREF2" denotes Argentic Real Estate Finance 2 LLC as Mortgage Loan Seller, "CREFI" denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, "GACC" denotes German American Capital Corporation as Mortgage Loan Seller, "KeyBank" denotes KeyBank National Association as Mortgage Loan Seller, "SMC" denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, "UBS AG" denotes UBS AG New York Branch as Mortgage Loan Seller, "GCMC" denotes Greystone Commercial Mortgage Capital LLC as Mortgage Loan Seller, and "Natixis" denotes Natixis Real Estate Capital LLC as Mortgage Loan Seller.<br>With respect to Loan No. 22, Vertex HQ, the mortgage loan is part of a whole loan that was co-originated by Morgan Stanley Bank, N.A., JPMorgan Chase Bank, National Association, BMO and Goldman Sachs Bank USA.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, the mortgage loan is part of a whole loan that was co-originated by CREFI, Bank of America, N.A., Morgan Stanley Mortgage Capital Holdings LLC, BMO, Royal Bank of Canada and UBS AG. <br>With respect to Loan No. 28, Parkwyn Townhomes, the mortgage loan is part of a whole loan that was co-originated by KeyBank and AREF2. |
|  | "BMO" denotes Bank of Montreal as Mortgage Loan Seller, "AREF2" denotes Argentic Real Estate Finance 2 LLC as Mortgage Loan Seller, "CREFI" denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, "GACC" denotes German American Capital Corporation as Mortgage Loan Seller, "KeyBank" denotes KeyBank National Association as Mortgage Loan Seller, "SMC" denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, "UBS AG" denotes UBS AG New York Branch as Mortgage Loan Seller, "GCMC" denotes Greystone Commercial Mortgage Capital LLC as Mortgage Loan Seller, and "Natixis" denotes Natixis Real Estate Capital LLC as Mortgage Loan Seller.<br>With respect to Loan No. 22, Vertex HQ, the mortgage loan is part of a whole loan that was co-originated by Morgan Stanley Bank, N.A., JPMorgan Chase Bank, National Association, BMO and Goldman Sachs Bank USA.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, the mortgage loan is part of a whole loan that was co-originated by CREFI, Bank of America, N.A., Morgan Stanley Mortgage Capital Holdings LLC, BMO, Royal Bank of Canada and UBS AG. <br>With respect to Loan No. 28, Parkwyn Townhomes, the mortgage loan is part of a whole loan that was co-originated by KeyBank and AREF2. |
| (2) | With respect to Loan No. 1, 251 Park Avenue South, the mortgaged property consists of 114,075 SF of office space, 4,061 SF of ground floor retail space, and 2,458 SF of storage space in the basement. The 4,061 SF of ground floor retail space is 100% occupied and represents 3.4% of NRA and 12.9% of underwritten base rent.<br>With respect to Loan No. 3, Warren Corporate Center, the mortgaged property is a 518,260 square foot office park comprised of 3 office buildings, two parking garages, and the right to use an amenity center within the larger complex. The collateral includes 3 office buildings (Building 300, Building 400, and Building 500) that sit within a broader five-building campus as well as two, three-story parking structures. The Building 300 parking structure contains 642 parking spaces. Buildings 400 and 500 share a single parking structure that totals 1,394 spaces.<br>With respect to Loan No. 15, Beechgrove & Buttermilk Pike Self Storage Portfolio, the mortgaged properties are comprised of 1,295 storage units (approximately 165,432 square feet), including 425 climate controlled storage units (approximately 48,276 SF), 315 non-climate controlled storage units (approximately 30,070 SF), 374 drive-up storage units (approximately 63,425 SF) and 184 container storage units (approximately 23,661 SF). In addition to storage units, the mortgaged properties also include 140 rentable parking spots.<br>With respect to Loan No. 23, 219 and 221 South 4th Street, the mortgaged property is comprised of (i) 13 multifamily units and (ii) 600 square feet of commercial space.<br>With respect to Loan No. 29, 27 Brighton 11th Street, the mortgaged property is comprised of (i) 16 multifamily units and (iii) 3,642 square feet of commercial space.<br>With respect to Loan No. 42, 41 North Main Street, the mortgaged property consists of 8,813 square feet of commercial space and 6,261 square feet of residential space. |
| (3) | Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property.<br>With respect to Loan No. 6, 180 Water, the mortgaged property is comprised of 581 multifamily units and 13,868 square feet of grade-level and basement retail space.<br>With respect to Loan No. 8, Than Tower, the mortgaged property is comprised of (i) 105 multifamily units and (ii) one, 3,589 square feet retail space that is currently used as storage.<br>With respect to Loan No. 9, Quality RV Resort & SS Portfolio, the mortgaged portfolio is comprised of 758 RV pads and 43,945 square feet of self-storage space.<br>With respect to Loan No. 10, 321-325 West 42nd Street, the mortgaged property is comprised of (i) 36 multifamily units and (ii) 6,000 square feet of commercial space leased to three separate tenants.<br>With respect to loan No. 18, 1000 Portside Drive, the mortgaged property is comprised of 86 multifamily units. Additionally, the mortgaged property contains two studio units that are used as guest suites and one management office that are excluded from the total units count. |

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|  | With respect to Loan No. 19, City Deck Landing, the mortgaged property consists of 77 multifamily units and 6,975 square feet of commercial space.<br>With respect to Loan No. 20, FG Communities MHC Portfolio, the Carolina Pines mortgaged property consists of 46 standard pad sites and one apartment home and the Hildebran Highlands mortgaged property consists of nine standard pad sites and five apartment homes.<br>With respect to Loan No. 38, 116 St. Marks, the mortgaged property is comprised of six multifamily units and 1,000 square feet of retail space. |
| (4) | In certain cases, the mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy.<br>For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See "Description of the Mortgage Pool—Tenant Issues—Rights to Sublease" and "—Tenants Not Yet in Occupancy or in a Free Rent Period, Leases Under Negotiation and LOIs" in the prospectus.<br>With respect to Loan No. 1, 251 Park Avenue South, the Third Largest Tenant at the mortgaged property, Carl Hansen & Son Corp., subleases its space to Herman Miller Inc. for the remainder of its lease term at a current rent of $52.40 per square foot. The Mortgage Loan was underwritten based on the prime lease rent of $86.94 per square foot.<br>With respect to Loan No. 1, 251 Park Avenue South, the Fifth Largest Tenant at the mortgaged property, 605 LLC subleases its space to Galvanize Climate Solutions LLC for the remainder of its lease term at a current rent of $69.02 per square foot. The Mortgage Loan was underwritten based on the prime lease rent of $94.96 per square foot.<br>With respect to Loan No. 2, Spring Valley Marketplace, the Third Largest Tenant at the mortgaged property, Kids Empire Spring Valley (the "KE Tenant") is building out its space and has not taken occupancy or commenced paying rent. At origination, the borrower funded (i) a $1,906,450 reserve for approved leasing expenses and (ii) a $51,350 free rent reserve. In addition, the guarantor provided a partial payment guaranty of the outstanding principal balance, capped at $3,000,000, which remains in effect until the KE Tenant (or a lender pre-approved replacement tenant) has taken possession and full occupancy of the entire leased premises and has commenced paying full rent in accordance with the lease. If the KE Tenant (or a lender pre-approved replacement tenant) is not in occupancy and paying rent by September 6, 2026, a cash flow sweep will be triggered.<br>With respect to Loan No. 3, Warren Corporate Center, the Largest Tenant, Metlife, is not yet in occupancy. The term of the lease will commence upon substantial completion by the borrower sponsor of certain work set forth in the lease ("LL Work"), which is anticipated to occur by July 2026. The lease provides for rent to commence on January 1, 2028. The failure of the borrower sponsor to complete the LL Work by a date to be agreed upon between borrower sponsor and MetLife will result in a daily rent credit of approximately $12,611. At origination $4,200,000 was reserved for the estimated cost of the LL Work. The space was originally leased to the Second Largest Tenant, PTC Therapeutics, which is required to continue paying rent on the MetLife space until December 31, 2027.<br>With respect to Loan No. 9, Quality RV Resort & SS Portfolio, historical occupancy for the fourth mortgaged property Westlake Self Storage, is based off of square footage but weighted based on number of units.<br>With respect to Loan No. 13, Gateway Industrial Center, 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. |
|  | In certain cases, the mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy.<br>For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See "Description of the Mortgage Pool—Tenant Issues—Rights to Sublease" and "—Tenants Not Yet in Occupancy or in a Free Rent Period, Leases Under Negotiation and LOIs" in the prospectus.<br>With respect to Loan No. 1, 251 Park Avenue South, the Third Largest Tenant at the mortgaged property, Carl Hansen & Son Corp., subleases its space to Herman Miller Inc. for the remainder of its lease term at a current rent of $52.40 per square foot. The Mortgage Loan was underwritten based on the prime lease rent of $86.94 per square foot.<br>With respect to Loan No. 1, 251 Park Avenue South, the Fifth Largest Tenant at the mortgaged property, 605 LLC subleases its space to Galvanize Climate Solutions LLC for the remainder of its lease term at a current rent of $69.02 per square foot. The Mortgage Loan was underwritten based on the prime lease rent of $94.96 per square foot.<br>With respect to Loan No. 2, Spring Valley Marketplace, the Third Largest Tenant at the mortgaged property, Kids Empire Spring Valley (the "KE Tenant") is building out its space and has not taken occupancy or commenced paying rent. At origination, the borrower funded (i) a $1,906,450 reserve for approved leasing expenses and (ii) a $51,350 free rent reserve. In addition, the guarantor provided a partial payment guaranty of the outstanding principal balance, capped at $3,000,000, which remains in effect until the KE Tenant (or a lender pre-approved replacement tenant) has taken possession and full occupancy of the entire leased premises and has commenced paying full rent in accordance with the lease. If the KE Tenant (or a lender pre-approved replacement tenant) is not in occupancy and paying rent by September 6, 2026, a cash flow sweep will be triggered.<br>With respect to Loan No. 3, Warren Corporate Center, the Largest Tenant, Metlife, is not yet in occupancy. The term of the lease will commence upon substantial completion by the borrower sponsor of certain work set forth in the lease ("LL Work"), which is anticipated to occur by July 2026. The lease provides for rent to commence on January 1, 2028. The failure of the borrower sponsor to complete the LL Work by a date to be agreed upon between borrower sponsor and MetLife will result in a daily rent credit of approximately $12,611. At origination $4,200,000 was reserved for the estimated cost of the LL Work. The space was originally leased to the Second Largest Tenant, PTC Therapeutics, which is required to continue paying rent on the MetLife space until December 31, 2027.<br>With respect to Loan No. 9, Quality RV Resort & SS Portfolio, historical occupancy for the fourth mortgaged property Westlake Self Storage, is based off of square footage but weighted based on number of units.<br>With respect to Loan No. 13, Gateway Industrial Center, 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 $1,944,408 for gap rent in relation to the IRS space. |
| (5) | With respect to all mortgage loans, with the exceptions of the mortgage loans listed identified in "Description of the Mortgage Pool—Certain Calculations and Definitions" in the prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided "as-stabilized" values based on certain criteria being met.<br>With respect to Loan No. 17, 22 Milford Street, the Appraised Value ($) represents the "as-stabilized" value of $18,100,000 as of September 1, 2025. As of August 7, 2025, the mortgaged property was 100% leased. |

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|:---|:---|
|  | With respect to Loan No. 22, Vertex HQ, the Appraised Value ($) is the Appraised Value (Other Than "As-Is"), which represents the "As Is with Escrow Reserve" value for the Vertex HQ Property of $1,644,000,000 as of June 10, 2025, which assumes that there are $176 million in upfront tenant improvement reserves and $58 million in upfront free rent reserves held in escrow. At origination, the borrower reserved $173,530,598 for tenant improvements and $58,450,518 for free rent.<br>With respect to Loan No 24, ILPT 2025 Portfolio, the Appraised Value ($) is the Appraised Value (Other Than "As-Is"), which represents the "As 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 ILPT 2025 Portfolio mortgaged properties as a whole if sold in their entirety to a single buyer.<br>With respect to Mortgage Loan No. 28, Parkwyn Townhomes, the Appraised Value shown represents the "Hypothetical Market Value with Restricted Rents" value of the leasehold interest in the Mortgaged Property, which assumes the Mortgaged Property is encumbered by a ground lease as part of the Housing Finance Corporation program ("HFC Program"), whereby certain units at the Mortgaged Property are restricted for rent to tenants whose income does not exceed specified percentages of the area median income and that the ongoing payments due in connection with being a part of the HFC Program are subordinate to the Mortgage Loan. The market-based "As-Is" Appraised Value as of April 4, 2025, which assumes no tax exemption is granted for the Mortgaged Property, is $31,800,000, which results in a Cut-off Date LTV Ratio and Maturity Date LTV Ratio of 73.1% and 73.1%, respectively. |
| (6) | For mortgage loans secured by multiple mortgaged properties, each mortgage loan's Original Balance ($), Cut-off Date Balance ($) and Maturity / ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan's documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller's determination of the appropriate allocation.<br>● Loan No. 4, Southeast MHC Portfolio<br> ● Loan No. 5, Verdigreen Hotels Portfolio<br> ● Loan No. 9, Quality RV Resort & SS Portfolio<br> ● Loan No. 15, Beechgrove & Buttermilk Pike Self Storage Portfolio<br> ● Loan No. 20, FG Communities MHC Portfolio<br> ● Loan No. 24, ILPT 2025 Portfolio<br> ● Loan No. 41, Kimberly & Shannon Apartments |
| (7) | The Original Balance ($), Cut-off Date Balance ($), and Maturity / ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled "Whole Loan Summary" and "Whole Loan Controlling Notes and Non-Controlling Notes" in "Description of the Mortgage Pool—The Whole Loans" in the prospectus.<br>● Loan No. 3, Warren Corporate Center<br> ● Loan No. 6, 180 Water<br> ● Loan No. 13, Gateway Industrial Center<br> ● Loan No. 18, 1000 Portside Drive<br> ● Loan No. 22, Vertex HQ<br> ● Loan No. 24, ILPT 2025 Portfolio<br> ● Loan No. 28, Parkwyn Townhomes<br> ● Loan No. 40, Century Business Center<br>|
| (8) | The Administrative Fee Rate % includes the Servicing Fee, the Operating Advisor Fee, the Certificate Administrator/Trustee Fee, the Asset Representations Reviewer Fee and the CREFC® Intellectual Property Royalty License Fee applicable to each mortgage loan. |
| (9) | For the mortgage loans with an interest-only period that accrues interest on an Actual/360 basis, the Monthly Debt Service (IO) ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360. |
| (10) | With respect to Loan No. 1, 251 Park Avenue South, a Grace Period – Late Fee (Days) of five days is permitted once during the mortgage loan term. |

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|  | <br> With respect to Loan No. 3, Warren Corporate Center, a Grace Period – Late Fee (Days) of five days is permitted once during the mortgage loan term.<br>With respect to Loan No. 9, Quality RV Resort & SS Portfolio, a Grace Period – Default (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date. The Grace Period – Late Fee (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date.<br>With respect to Loan No. 16, Augusta Ranch Marketplace, a Grace Period – Late Fee (Days) of five days is permitted once within any consecutive 12-month period.<br>With respect to Mortgage Loan No. 28, Parkwyn Townhomes, once every 12-month period during the term of the loan, the Debt Service Payment Grace Period to Impose Late Charge will be five business days.<br>With respect to Loan No. 38, 116 St. Marks, a Grace Period – Default (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date. The Grace Period – Late Fee (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date. |
| (11) | Intentionally Blank |
| (12) | The "L" component of the prepayment provision represents lockout payments.<br>The "D" component of the prepayment provision represents defeasance payments.<br>The "YM" component of the prepayment provision represents yield maintenance payments.<br>The "YM0.5" component of the prepayment provision represents the greater of (i) yield maintenance or (ii) 0.5% of the outstanding principal balance of the mortgage loan at the time of prepayment.<br>The "YM1" component of the prepayment provision represents the greater of (i) yield maintenance or (ii) 1% of the outstanding principal balance of the mortgage loan at the time of prepayment.<br>The "YM2" component of the prepayment provision represents the greater of (i) yield maintenance or (ii) 2% of the outstanding principal balance of the mortgage loan at the time of prepayment.<br>The "1%" component of the prepayment provision represents 1% of the outstanding principal balance of the mortgage loan at the time of prepayment.<br>The "O" Component of the prepayment provision represents the free payments including the Maturity Date.<br>Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the prospectus. See "Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases" in the prospectus. <br>With respect to Loan No. 3, Warren Corporate Center, voluntary prepayment in whole, but not in part, of the Warren Corporate Center Whole Loan is permitted at any time with a prepayment fee equal to the greater of (x) 1.00% of the principal amount of the Warren Corporate Center Whole Loan being prepaid and (y) a yield maintenance premium, if such prepayment occurs prior to the March 2030 monthly payment date. In addition, defeasance in whole but not in part of the Warren Corporate Center Whole Loan is permitted at any time after the earlier of (a) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized or (b) June 20, 2028 (the "Defeasance Lockout Expiration Date") and prior to the March 2030 monthly payment date. The assumed Defeasance Lockout Expiration Date of 26 payments is based on the expected closing date of the BMO 2025-5C12 transaction in October 2025. The actual lockout period may be longer.<br>With respect to Loan No. 4, Southeast MHC Portfolio, the borrowers have the right to at any time (other than the period starting 60 days prior to any securitization and ending 60 days after such securitization) to obtain the release of up to two of the related individual Southeast MHC Portfolio Properties (with the Pine Hill & Pine Manor Property considered to be two individual Southeast MHC Portfolio Properties for purposes of calculating the |

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number of individual Southeast MHC Portfolio Properties being released) upon prepayment of an amount equal to 125% of the allocated loan amount of the applicable individual property, together with, if prior to the open period, a prepayment fee equal to the greater of 1.00% of the amount prepaid and a yield maintenance premium, subject to the satisfaction of certain conditions, including but not limited to (i) following such release, the debt service coverage ratio is at least equal to the greater of 1.53x and the debt service coverage ratio immediately prior to the release, (ii) following such release, the debt yield is at least equal to the greater of 10.08% and the debt yield immediately prior to the release, (iii) following such release, the loan-to-value ratio is not greater than the lesser of 51.28% and the loan-to-value ratio immediately preceding the release, and (iv) compliance with REMIC related conditions.<br>With respect to Loan No. 6, 180 Water, the defeasance lockout period will be at least 26 payment dates beginning with and including the first payment date on September 6, 2025. Defeasance of the 180 Water 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) July 29, 2028. Any mandatory prepayment of the principal of the 180 Water Whole Loan and any other voluntary prepayments of principal of the Mortgage Loan, when no event of default exists, will be applied first to the senior notes and then to the junior note. The assumed lockout period of 26 payments is based on the expected closing date of the BMO 2025-5C12 transaction in October 2025. The actual lockout period may be longer.<br>With respect to Loan No. 9, Quality RV Resort & SS Portfolio, and prior to the maturity date, the borrowers may obtain the release of the Lakeview Expansion RV Resort property, provided that, among other things, (i) no event of default has occurred and is continuing, (ii) the borrowers prepay a portion of the mortgage loan equal to 115% of the allocated loan amount of Lakeview Expansion RV Resort property, and if such property is released prior to March 2, 2030, the payment of a yield maintenance premium pursuant to the mortgage loan documents, (iii) the debt service coverage ratio based on the immediately preceding trailing 12 month period for the remaining mortgaged properties following the release is no less than 1.59x, (iv) the total number of borrower owned recreational vehicles for all remaining properties does not exceed 10% of the cumulative pads on all remaining properties, and (v) the release is permitted under REMIC requirements.<br>With respect to Loan No. 13, Gateway Industrial Center, the lockout period will be at least 28 payment dates beginning with, and including, the first payment date in July 2025. The Gateway Industrial Whole Loan may be defeased in whole but not in part, at any time after the earlier to occur of (i) two years from the closing date of the securitization that includes the last note to be securitized and (ii) June 9, 2028. The assumed lockout period of 28 payments is based on the anticipated closing date of the BMO 2025-5C12 securitization in October 2025. The actual lockout period may be longer.<br>With respect to Loan No. 18, 1000 Portside Drive, defeasance of the 1000 Portside Drive Whole Loan is permitted in full at any time on or after the date that is the earlier to occur of (i) two years from the closing date of the securitization that includes the last pari passu note to be securitized or (ii) August 21, 2029. The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the BMO 2025-C12 securitization trust in October 2025. The actual defeasance lockout period may be longer.<br>With respect to Loan No. 22, Vertex HQ, defeasance of the Vertex HQ Whole Loan is permitted in full at any time on or after the date that is the earlier to occur of (i) two years from the closing date of the securitization that includes the last pari passu note to be securitized or (ii) August 6, 2028. The assumed defeasance lockout period of 25 payments is based on the anticipated closing date of the BMO 2025-5C12 securitization trust in October 2025. The actual defeasance lockout period may be longer.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, the borrowers have the right to obtain the release of any of the related Mortgaged Properties in connection with an arm's-length transfer to a third party of such Mortgaged Property upon prepayment of a release amount equal to the lesser of (a) 110% of the allocated loan amount of such Mortgaged Property and (b) the remaining outstanding principal balance of the related Whole Loan, together with, if prior to the open prepayment period, a prepayment fee (the "Release Prepayment Fee") equal to the greater of (x) 0.5% and (y) a yield maintenance premium, and satisfaction of certain conditions, including among others (i) the debt yield after giving effect to the release is not less than the greater of 7.15% and the debt yield immediately preceding the release and (ii) satisfaction of REMIC related conditions. If the debt yield requirement above is not satisfied, the borrowers may satisfy such requirement by prepaying the related Whole Loan in an amount sufficient to satisfy such debt yield requirement. In addition, even if the debt yield requirement is not satisfied, so long as the release is in connection with an arm's-length third party transfer, the borrowers may nevertheless obtain the release of the related Mortgaged Property upon payment of an amount equal to the greater of (I) the applicable release amount and (if prior to the open period) the Release Prepayment Fee and (II) the lesser of (x) 100% of the net sales proceeds of the released property and (y) an amount necessary to, after giving effect to such release, satisfy the debt yield requirement, together with (if prior to the open period) the

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|  | Release Prepayment Fee.<br>With respect to Loan No. 41, Kimberly & Shannon Apartments, after the Release Date, the borrowers may obtain the release of any property upon a bona fide third-party sale upon satisfaction of certain conditions in the loan agreement, including: (i) no event of default, (ii) borrowers shall partially defease the loan in the amount equal to the greater of (x) 100% of the Net Sales Proceeds from such Individual Property and (y) 120% of the Allocated Loan Amount of such Individual Property, (iii) after giving effect to such release, the DSCR shall be no less than the greater of (a) the DSCR immediately preceding such release and (b) 1.22x, (iv) after giving effect to such release, the Debt Yield shall be no less than the greater of (a) the Debt Yield immediately preceding such release and (b) 8.41% and (v) after giving effect to such release, the LTV shall be no more than the lesser of (a) the LTV immediately preceding such release and (b) 48.50%. |
| (13) | Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See "Description of the Mortgage Pool—Additional Indebtedness—Existing Mezzanine Debt," "—Preferred Equity and Preferred Return Arrangements" and "Certain Legal Aspects of the Mortgage Loans" in the prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.<br>With respect to Loan No. 5, Verdigreen Hotels Portfolio, QFP VGP MEZZ, LLC originated a mezzanine loan (the "Verdigreen Hotels Portfolio Mezzanine Loan") in the amount of $6,100,000, secured by the direct equity ownership in the borrowers of the Verdigreen Hotels Portfolio mortgage loan. The Verdigreen Hotels Portfolio Mezzanine Loan accrues interest at the rate of 13.00000% per annum and requires interest only payments. The Verdigreen Hotels Portfolio Mezzanine Loan is co-terminus and subject to an intercreditor agreement with the lender of the Verdigreen Hotels Portfolio mortgage loan. <br>With respect to Loan No. 6, 180 Water, as of the origination date, a $100,000,000 mezzanine loan secured by equity interests in the borrower was outstanding and in maturity default. An affiliate of the borrower (the "New Mezzanine Holder") acquired the existing mezzanine loan at a 19.8% discount, paying $80.2 million for the $100.0 million existing mezzanine loan on or prior to the closing of the 180 Water whole loan. Accordingly, both the mezzanine borrower and the mezzanine lender are under common control with the borrower. Simultaneously with its acquisition of the mezzanine loan, the New Mezzanine Holder entered into an amendment to the mezzanine loan documents with the mezzanine loan borrower to, among other things, extend the term of the mezzanine loan by approximately 15 years, and also entered into a subordination and standstill agreement with the lender under the 180 Water Whole Loan. See "Description of the Mortgage Pool—Additional Indebtedness— Existing Mezzanine Debt" in the prospectus.<br>With respect to Loan No. 22, Vertex HQ, after the earlier of 120 days from the origination date or the securitization of the Vertex HQ Whole Loan, the borrower will have a one-time right without the consent of the lender to obtain one or more mezzanine loans, subject to certain conditions, including (a) no event of default under the Vertex HQ Whole Loan is then continuing, (b) the principal amount of the mezzanine loan(s) do not exceed an amount that would result in (i) an aggregate loan-to-value ratio for the total debt being greater than 60.8% or (ii) the debt yield for the total debt being less than 8.3%, and (c) the lender under such mezzanine loan(s) must satisfy certain eligibility requirements (as described in the Vertex HQ Whole Loan documents). Otherwise, the borrower may not incur additional debt, whether unsecured or secured, provided, that the foregoing restrictions will specifically exclude (x) any permitted encumbrances and taxes and other charges that are being contested in good faith and (y) trade payables and lease agreements for equipment used at the Vertex HQ Property and other similar arrangements, which may not exceed, at any one time, 5% of the original amount of the Vertex HQ Whole Loan. |
| (14) | The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), whole loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the origination date during the term of the mortgage loan.<br>|
| (15) | In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing.<br>With respect to Loan No. 12, Precise Space, an approximate $54,101 credit to tenant improvements and leasing commissions has been underwritten, reflecting 1/5th of the TI/LC deposit at origination.<br>With respect to Loan No. 40, Century Business Center, a credit for the upfront $3,800,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan, resulting in $0 Underwritten TI / LC ($). The $3,800,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions. |

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(16) With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction.'<br>
With respect to Loan No. 3, Warren Corporate Center, historical financial information is not available because the mortgaged property was renovated in 2025 and subsequently leased up.<br>
With respect to Loan No. 11, The Life Hotel, historical financials prior to 2024 are not available as the Life Hotel Property was not in operation due to the COVID-19 pandemic.<br>
With respect to Loan No. 12, Precise Space, historical financial information prior to 2024 is not available as the mortgaged property was constructed in 2023.<br>
With respect to Loan No. 14, Supreme High Street Retail, historical financials are not available as the sole tenant, Supreme, did not take occupancy until March 1, 2024.<br>
With respect to Loan No. 17, 22 Milford Street, historical financial information is not shown as the mortgaged property was acquired and renovated in 2024.<br>
With respect to Loan No. 18, 1000 Portside Drive, historical financial information prior to the most recent period is not shown as the mortgaged property was built in 2024.<br>
With respect to Loan No. 20, FG Communities MHC Portfolio, historical financials are not available because the mortgaged properties were acquired in 2025.<br>
With respect to Loan No. 21, 7 Slater Drive, historical financial information prior to the most recent period is unavailable as the mortgaged property was previously solely leased to a sponsor-affiliated tenant.<br>
With respect to Loan No. 23, 219 and 221 South 4th Street, historical financial information prior to the most recent period is not available because the mortgaged property was redeveloped in 2023-2024.<br>
With respect to Loan No. 25, East 232nd Street, historical financial information is not available as the mortgaged property was renovated in 2024.<br>
With respect to Loan No. 29, 27 Brighton 11th Street, historical financial information prior to the most recent period is not available because the mortgaged property was built in 2024.<br>
With respect to Loan No. 33, River View MHC, historical financial information prior to the most recent period is not available as the mortgaged property was acquired in 2024.<br>
With respect to Loan No. 34, 340 Broadway, historical financials are not available as the mortgaged property underwent significant renovations in 2025.<br>
With respect to Loan No. 40, Century Business Center, historical financial information is not shown as the mortgaged property is leased to a single tenant on a triple-net basis.<br>
With respect to Loan No. 42, 41 North Main Street, historical financial information is not shown as the mortgaged property was renovated in 2025, repurposing the second floor into residential space.

(17) With respect to Loan No. 24, ILPT 2025 Portfolio, the mortgaged property
 known as the 435 SE 70th Street property is ground leased by the related borrower (the "Topeka Ground Lease"). The initial
 term of the Topeka 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 Topeka Ground Lease through September 30, 2027, and such extended term may be further extended
 for an additional eight, five-year periods and thereafter for one, one year period. The current base rent payable under the Topeka Ground
 Lease is $30,205 per annum and will be in effect until September 30, 2026 and is subject to escalations. <br>
With respect to Mortgage Loan No. 28, Parkwyn Townhomes, at origination, the borrower entered into a ground lease between PHFC, as ground
lessor, and the borrower, as ground lessee. Pursuant to the ground lease, which is scheduled to terminate on April 30, 2124 with no extensions,
and other documents and agreements entered into in relation to the related tax exemption, the borrower is required to pay, among other
amounts, as applicable, (i) an annual compliance fee of $50 per unit (the "Compliance Payment") and (ii) an annual fee in
an amount equal to 10% of the annual property tax savings (the "Savings Fee", and together with the Compliance Payment, the
"Rent") with the Rent increasing by 2% per year. PHFC and the borrower entered into a

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|  | subordination agreement agreeing that for so long as the tax exemption remains in effect, all fees required under the PHFC Program documents (collectively, the "PHFC Payments"), including the Savings Fee but excluding the Compliance Fee, be paid from excess distributable cash, if any, after the payment of debt service payments in connection with mortgage loan and operating expenses due and owing. The lender has established a reserve for the PHFC Payments, provided, that absent a continuing event of default under the mortgage loan, there is no obligation to make deposits into the PHFC Payments reserve unless the borrower fails to provide evidence of timely payment. The lender has a lien on both the borrowers' leasehold interest and PHFC's fee interest in the mortgaged property.<br>|
| (18) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents.<br>With respect to Loan No. 3, Warren Corporate Center, the Second Largest Tenant, PTC Therapeutics, has provided a $10,000,000 letter of credit ("LOC") with the borrower sponsor, which equates to approximately 28 months of rent at its current lease rate. As of July 1, 2027, there is a 50% reduction bringing the LOC down to $5,000,000 (which equates to approximately 13 months of rent based on the lease rate as of July 2027). As of December 31, 2028, there is a second 50% reduction bringing the LOC down to $2,500,000 (which equates to approximately 6.5 months of rent at the December 2028 lease rate). The remaining $2,500,000 LOC will remain through the rest of the tenant's lease term. The LOC is covered by the general pledge of assets set forth in the mortgage; however, the lender does not have a perfected security interest in the LOC.<br>With respect to Loan No. 3, Warren Corporate Center, the Third Largest Tenant, Regeneron Pharmaceuticals, Inc., recently took possession of its space on July 28, 2025, with rent commencing on August 1, 2026. This abated rent totals $4,401,644, and was reserved with the lender.<br>With respect to Loan No. 7, Philadelphia Design and Distribution Center, the borrower deposited $310,000 at origination into a reserve (the "RHD Leasing Reserve"). If Resources for Human Development, Inc. ("RHD"), the Largest Tenant, does not exercise its renewal option by September 30, 2025, ongoing collections into the RHD Leasing Reserve will begin on the payment date in December 2025, with required monthly deposits of $155,000, capped at $2,450,000 ($25 per square foot for the RHD space) (the "RHD Leasing Reserve Cap"). Proceeds held in such RHD Leasing Reserve will be made available solely for tenant improvement and leasing commissions associated with renewing RHD or re-leasing the RHD space. Upon the borrowers renewing or re-leasing a portion of RHD's space and such tenant(s) being in occupancy, paying full rent, and having a firm lease term of not less than five years, the RHD Leasing Reserve Cap will be reduced proportionately based on square footage of such tenant(s) and any amounts in excess of the then current RHD Leasing Reserve Cap will be released to the borrowers. Upon the RHD Leasing Reserve Cap being reduced to $1,227,500 or lower, any amounts remaining in the RHD Leasing Reserve will be made available for general tenant improvement, leasing commission or capital expenditure costs at the mortgaged property, not solely for tenant improvement and leasing commission costs associated with the RHD space.<br>With respect to Loan No. 7, Philadelphia Design and Distribution Center, within 60 days' notice from SIG Property Philadelphia, LLC, that the tenant intends to build out its space in accordance with its lease, the borrowers are required to deposit $63,756 into an account held with the lender or servicer for payment of unfunded obligations.<br>With respect to Loan No. 10, 321-325 West 42nd Street, at origination of the mortgage loan, the borrower deposited (i) $72,000 into a free rent reserve account for free rent owed to Thriller LLC - Soho Live NYC (ii) $75,600 into a multifamily rent reserve, which equates to the amount of rent that would be paid for the two currently vacant units for a period of nine months. Pursuant to the related mortgage loan documents, this amount in the multifamily rent reserve will be disbursed in $4,200 increments for each applicable vacant unit on the payment dates from September 2025 through May 2026. On the payment date prior to the final disbursement of the upfront multifamily rent reserve if the multifamily rent release conditions as further described in the mortgage loan documents have not been satisfied with respect to both vacant units, the borrower will deposit $75,600 into the multifamily rent reserve. However, in the event (i) the multifamily rent release conditions have been satisfied for one unit, the deposit will be equal to $37,800, or (ii) the borrower leases one or both of the units for an amount less than $4,200 per unit, the deposit will be calculated by multiplying nine by the difference between the actual rent and $4,200. The borrower will be obligated to make such deposits until the multifamily rent release conditions have been satisfied.<br>With respect to Loan No. 12, Precise Space, at the origination of the mortgage loan, the borrower is required to deposit $100,000 into an environmental reserve that will be held with lender to ensure that the borrower completes all environmental repairs in connection with the with the conversion of the non-public well water system at the mortgaged property to a public well water system. |

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|  | With respect to Loan No. 22, Vertex HQ, at origination, the borrowers deposited $233,384,024.64 into an unfunded obligations reserve, which is comprised of approximately $173,530,598 for unpaid TI/LC costs, approximately $58,450,518 for unpaid gap/free rent and $1,402,908 for a parking garage credit.<br>With respect to Loan No. 25, East 232nd Street, at origination, the borrower deposited $1,000,000 into an earnout reserve. Provided no event of default has occurred and is continuing, the earnout reserve funds may be disbursed to the borrower upon the lender's receipt of a release request confirming that the following conditions, among other conditions, have been satisfied: (i) the monthly rent derived from the mortgaged property is no less than $93,900; (ii) at least 95% of the units at the mortgaged property are occupied; (iii) the mortgaged property has achieved a debt yield of at least 9.5%, calculated using in-place monthly rent collections, applying an 18.2% expense ratio and annualized net operating income of at least $910,000; and (iv) the mortgaged property supports a debt service coverage ratio of at least 1.35x, in each case, as determined by the lender in its sole but reasonable discretion. In the event that the earnout funds have not been released to the borrower prior to December 6, 2026, the lender may, in its sole discretion, draw upon the reserve funds to partially prepay the mortgage loan and the borrower will be required to pay a yield maintenance premium calculated in accordance with the mortgage loan documents and all costs incurred by the lender with respect to such prepayment. The Cut-off Date LTV Ratio (%), LTV Ratio at Maturity Date / ARD (%), UW NOI Debt Yield (%) and UW NCF Debt Yield (%) calculations are based on an assumed Cut-off Date Balance of approximately $7,500,000, which is net of the $1,000,000 earnout reserve. Assuming the gross Cut-off Date Balance of $8,500,000, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity Date / ARD (%), UW NOI Debt Yield (%) and UW NCF Debt Yield (%) are 63.4%, 63.4%, 8.8% and 8.7%, respectively. |
| (19) | Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents.<br>With respect to Loan No. 5, Verdigreen Hotels Portfolio, at origination, the borrowers deposited $300,000 into a seasonality reserve which funds are available to be used in July, August, September, December and January of each year if and only to the extent there is insufficient cash flow from the mortgaged properties to make monthly debt service payments. Upon any disbursement from the Seasonality Reserve account, the borrowers are required to replenish the reserve, up to an amount equal to $300,000 (the "Seasonality Reserve Cap Amount"), in monthly installments of $42,860 (the "Seasonality Reserve Monthly Deposit Amount") on each monthly payment date occurring in October, November, February, March, April, May and June of each calendar year. From and after November 6, 2026, provided no sweep event period (as defined in the mortgage loan documents) is then continuing, the lender is required to disburse any funds in the Seasonality Reserve to the borrowers following (i) the lender's receipt of written request from the borrowers for such disbursement and (ii) the DSCR is equal to or greater than 1.10x for each of the 12 prior consecutive calendar months (the "Seasonality Reserve Suspension Conditions"). In the event that the DSCR ever thereafter falls below 1.10x for any two consecutive months, the borrowers are required to replenish the Seasonality Reserve, up to an aggregate amount equal to the Seasonality Reserve Cap Amount, in installments equal to the Seasonality Reserve Monthly Deposit Amounts on each payment date occurring in October, November, February, March, April, May and June of each calendar year until such time as the Seasonality Reserve Suspension Conditions have been satisfied.<br>With respect to Loan No. 6, 180 Water, on the payment dates occurring in each of September 2025, October 2025, November 2025 and December 2025, the borrower will be required to deposit into a real estate tax reserve account an amount equal to 125% multiplied by one-twelfth of the real estate taxes that the lender estimates will be payable during the next ensuing 12 months (initially $908,215.99), and on each payment date thereafter, the borrower will be required to deposit an amount equal to 1/12th of the real estate taxes that the lender estimates will be payable during the next ensuing 12 months (initially $748,369.98).<br>With respect to Loan No. 6, 180 Water, on the payment dates occurring in each of September 2025, October 2025, November 2025, December 2025, January 2026, February 2026, March 2026, April 2026, May 2026 and June 2026, the borrower will be required to deposit into an insurance reserve account an amount equal to 110% of 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof (initially $101,194.66) and on each payment date thereafter the borrower will be required to deposit an amount equal to 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of the coverage afforded by the policies upon the expiration thereof. However, if the insurance is carried under an acceptable blanket policy, provided that an event of default has not occurred and is continuing, deposits for insurance premiums will be suspended. As of the loan origination date, there is not an acceptable blanket policy in effect. |

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With respect to Loan No. 9, Quality RV Resort & SS Portfolio, the borrower is required to deposit into an insurance reserve on a monthly basis 1/12th of the amount that will be sufficient to pay the insurance premiums due for the renewal of coverage afforded by such policies; provided, however, such insurance reserve has been conditionally waived so long as, the borrower maintains a blanket policy meeting the requirements of the mortgage loan documents.<br>With respect to Loan No. 11, The Life Hotel, the borrower is required to deposit $98,188.15 into a real estate tax reserve on each monthly payment date in October, November and December 2025. For each monthly payment thereafter, the borrower is required to deposit approximately $49,094 into the real estate tax reserve.<br>With respect to Loan No. 11, The Life Hotel, the borrower is required to deposit (i) $145,000 on each of the monthly payment dates occurring in October, November and December of 2025 and (ii) on each monthly payment date occurring in April, May, June, July, August, September, October, November and December (each a "Seasonal Month") during the loan term, an amount equal to the quotient derived by dividing (A) the amount by which: (1) the sum of (w) the aggregate of the required monthly deposits into the real estate tax reserve, the insurance reserve, and the FF&E reserve due on each monthly payment date immediately following each Seasonal Month in the prior Seasonal Month period, (x) the Monthly Interest Payment Amount that will be due on each monthly payment date occurring immediately following each Seasonal Month occurring during the then next occurring Seasonal Month Period, and (y) the Monthly Operating Expense Budgeted Amount applicable to each monthly payment date immediately following each Seasonal Month in the prior Seasonal Month Period, without duplication, exceeds (2) the aggregate gross revenue (excluding extraordinary income) received with respect to mortgage property during the prior Seasonal Month Period; by (B) the number of Seasonal Months.<br>With respect to Loan No. 12, Precise Space, once the balance of the replacement reserve falls below $82,500, the borrower is required to deposit $2,250 on a monthly basis until such time as the reserve is restored to a cap of $82,500.<br>With respect to Loan No. 12, Precise Space, once the balance of the rollover reserve falls below $125,000, the borrower is required to deposit $7,514 on a monthly basis until such time as the reserve is restored to a cap of $270,504.<br>With respect to Loan No. 13, Gateway Industrial Center, 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).<br>With respect to Loan No. 13, Gateway Industrial Center, 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.<br>With respect to Loan No. 21, 7 Slater Drive, during the continuance of a Major Tenant Trigger Event Period (as defined in the mortgage loan documents), the borrower is required to sweep excess cash flow for the re-tenanting costs incurred with re-tenanting the related major tenant space.<br>With respect to Loan No. 27, The Vue at 214, if, on any monthly payment date, the amount of the capital expenditure funds on deposit in the capital expenditure account is less than $50,000, the borrower is required to deposit with the lender an amount equal to $3,958.33 on such monthly payment date and on each following monthly payment date.<br>With respect to Loan No. 38, 116 St. Marks, during the continuance of a major tenant go dark event the borrower is required to deposit $333 into the rollover reserve account.<br>With respect to Loan No. 40, Century Business Center, the borrower's obligation to make the monthly tax deposits will be waived for so long as, and to the extent that (i) no event of default or material tenant trigger event has occurred and is continuing, (ii) the material tenant lease covers the entirety of the mortgaged property and <br>

requires the applicable tenant thereunder to pay all taxes with respect to the entirety of the mortgaged property directly to the applicable governmental authorities, (iii) the material tenant lease is in full force and effect and has not expired or terminated, (iv) the tenant under the material tenant lease is timely paying all taxes directly to the appropriate governmental authority in accordance with the material tenant lease and (v) the borrower delivers to the lender evidence reasonably satisfactory to the lender of such timely payment of all of the taxes; provided, however, that, from and after the date that any of the foregoing requirements fails to be satisfied, the borrower will be required to make the monthly tax deposits in accordance with the provisions of the mortgage loan agreement. As of the origination date, the SpaceX lease does not satisfy the conditions provided as a result of the failure to satisfy clauses (ii) and (v).<br>With respect to Loan No. 40, Century Business Center, the borrower's obligation to make the monthly insurance deposits will be waived for so long as, and to the extent that (i) no event of default or material tenant trigger event has occurred and is continuing, (ii) the material tenant lease covers the entirety of the mortgaged property and requires the applicable tenant thereunder to maintain insurance that satisfies the terms and provisions of the mortgage loan agreement for the mortgaged property pursuant to the terms of the material tenant lease, (iii) the material tenant lease is in full force and effect and has not expired or terminated, (iv) the material tenant is timely paying all of the insurance premiums for the insurance required to be maintained by such tenant in the material tenant lease directly to the insurer and the lender is receiving evidence that such insurance is being maintained and (v) the borrower delivers to the lender certificates of insurance or other evidence reasonably satisfactory to the lender of the timely payment of all of such insurance premiums for the mortgaged property on or before the date which is prior to the date upon which such insurance premiums will be due; provided, however, that, from and after the date that any of the foregoing requirements fails to be satisfied, the borrower will be required to make the monthly insurance deposits in accordance with the provisions of the mortgage loan agreement. As of the origination date, the SpaceX lease does not satisfy the conditions provided as a result of the SpaceX tenant's failure to maintain all of the insurance required under the terms and provisions of the mortgage loan agreement to satisfy clauses (ii) and (iv). The amount required to be reserved pursuant to the mortgage loan agreement will take into account only the additional insurance required to be maintained by the borrower in order to comply with the terms and provisions of the mortgage loan agreement.<br>With respect to Loan No. 40, Century Business Center, if the borrower deposits with the lender one or more low DSCR cure deposits in cash to avoid the occurrence of a cash management DSCR trigger event, the lender will transfer such amounts into the low DSCR cure deposit account. The lender will hold such low DSCR cure deposit(s) as cash collateral for the debt. At any time during the term of the loan that low DSCR cure deposit funds are on deposit in the low DSCR cure deposit account, the lender will determine the DSCR on the last day of each month taking into account the low DSCR cure deposit funds. If, in connection therewith, the lender determines that the low DSCR cure deposit funds then on deposit in the low DSCR cure deposit account, if applied to reduce the then outstanding principal balance, would be insufficient to cause the DSCR to be greater than or equal to 1.35x, then the borrower may, in order to continue to avoid the occurrence of a cash management DSCR trigger event, within five business days of the lender's notice to the borrowers of such deficiency, deposit with the lender such additional funds such that, when added to the funds on deposit in the low DSCR cure deposit account, would be sufficient, if applied to reduce the then outstanding principal balance, to result in a DSCR greater than or equal to 1.35x.<br>With respect to Loan No. 40, Century Business Center, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit all material tenant trigger event excess cash for tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with leasing material tenant space pursuant to qualified leases. During the continuance of a material tenant trigger event period relating to any material tenant, its material tenant lease or its lease guarantor, the amount of the material tenant funds deposited into the material tenant account or the applicable material tenant subaccount will not exceed an aggregate amount equal to $7,500,000, less the<br>

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|  | amount of any rollover funds then on deposit in the rollover account. So long as no other cash management trigger event or cash sweep trigger event has occurred and is continuing, the borrower may suspend a material tenant trigger event by depositing cash in an amount sufficient so that the aggregate amount of material tenant lease funds on deposit in the material tenant subaccount equals the material tenant funds capped amount. The borrower may deposit with the lender the amount necessary to satisfy the occupancy conditions with respect to any qualified leases in an amount equal to the remaining rent abatement amount. The borrower may deliver to the lender, in lieu of the deposit of cash in an amount equal to the material tenant funds capped amount, one or more letters of credit with the face amount equal to the material tenant funds capped amount. |
| (20) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.<br>With respect to Loan No. 7, Philadelphia Design and Distribution Center, the borrowers are required to deposit approximately $28,240 monthly into a TI/LC reserve, capped at $1,016,649. Additionally, if Resources for Human Development, Inc., the Largest Tenant at the mortgaged property, does not exercise its renewal option by September 30, 2025, ongoing collections into the reserve will begin on the payment date in December 2025, with required monthly deposits of $155,000, capped at $2,450,000 ($25 per square foot for the RHD space).<br>With respect to Loan No. 16, Augusta Ranch Marketplace, the borrowers are required to deposit approximately $4,187 monthly into a TI/LC reserve, capped at $200,000 (inclusive of the $90,000 upfront deposit). |
| (21) | In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates. |
| (22) | With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property.<br>|
| (23) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space 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 subject lease.<br>With respect to Loan No. 3, Warren Corporate Center, the Second Largest Tenant, PTC Therapeutics ("PTCT") is currently using the first and second floors of its space, but is not yet using, and has not yet built out the third and fourth floors. In addition, PTCT has a sublease agreement with its subsidiary, PTC Therapeutics US, Inc., for a portion of the first floor located in Building 500. The sublease agreement was created between the parent company and the commercial subsidiary and was implemented as the commercial entity needed a locked location within the building that was defined as its own. The sublease automatically renews on a yearly basis through December 31st and may be terminated by written notice from either party to the other party at any time upon 30 days' advance notice, and is also terminated as a result of the termination of the direct lease. During the sublease period, the subtenant pays an annual rent in the amount of approximately $4,036, which increases annually at the rate of 3%.<br>With respect to Loan No. 3, Warren Corporate Center, the Third Largest Tenant, Regeneron, has the one time right to terminate its lease as of the 84th month following the rent commencement date (which permitted termination date is currently anticipated to be July 31, 2033), upon one year's notice to the landlord and the payment of a termination fee.<br>With respect to Loan No. 7, Philadelphia Design and Distribution Center, the Second Largest Tenant, SEPTA, has a termination option related to a lack of appropriations to fund lease payments.<br>With respect to Loan No. 12, Precise Space, the Second Largest Tenant, 114 Industrial Park II, LLC, the lease will automatically terminate early in the event the borrower executes a new lease for the entire premises occupied by the seller during the lease term; however, if only a portion of the premises is re-leased, only the portion of the premises with respect to the new lease will automatically terminate.<br>With respect to Loan No. 12, Precise Space, the third largest tenant, Oncor Electric Delivery Company, LLC, has a one-time right to terminate its lease effective as of July 31, 2027 by delivering written notice to the landlord at least 90 days prior to such date and such written notice must include a termination fee payment. |

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|  | With respect to Loan No. 13, Gateway Industrial Center, 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.<br>With respect to Loan No. 14, Supreme High Street Retail, the sole tenant, Supreme, has a one-time right to terminate the lease effective on March 1, 2030 by providing at least a six month's written notice and the payment of a termination fee.<br>With respect to Loan No. 32, Waterfront Office, the largest tenant, Solarius Aviation, has the right to terminate its lease on any date after May 31, 2026 upon at least 1-years' prior written notice, and the payment of a termination fee. |
| (24) | Intentionally Blank |
| (25) | Each letter identifies a group of related borrowers.<br>● Loan No. 20, FG Communities MHC Portfolio<br> ● Loan No. 31, Mini U Storage - Fairfax Station<br> ● Loan No. 33, River View MHC<br> ● Loan No. 37, Mini U Storage – Richmond<br> ● Loan No. 39, Mini U Storage - Highlands Ranch<br> ● Loan No. 41, Kimberly & Shannon Apartments<br> ● Loan No. 43, Mini U Storage - Houston Katy<br> ● Loan No. 44, Kenneth Apartments |
| (26) | With respect to Loan No. 6, 180 Water, the mortgage loan is structured with a hard lockbox for commercial tenants, soft lockbox for residential tenants, and springing cash management. All rents from the mortgaged property collected by or on behalf of the borrower must be deposited into a clearing account controlled by the lender (the "Lockbox Account") within two business days. The borrower has agreed to cause all rents from commercial tenants to be deposited directly to the Lockbox Account. |

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|  | abatement under the New York City Department of Housing Preservation and Development 421-a tax abatement program. In connection with the expected 421-a tax abatement, the borrower will be required to reserve at least 30% (which is equal to 5 units) of the units at the mortgaged property for tenants earning no more than 130% of the area median income, subject to certain rental restrictions. The borrower has opted to reserve 31.25% (which is equal to 5 units) of the units at the mortgaged property for tenants earning no more than 130% of the area median income. The 421-a tax abatement is expected to provide (i) a 100% tax exemption for the first 25 years and (ii) a 31.25% tax exemption for years 26 through 35 with full taxes commencing at the end of the 35th applicable tax year. The 421-a tax abatement is pending and the abatement period has not yet started. In addition, the borrower has applied for a 25-year tax abatement through the Industrial & Commercial Abatement Program ("ICAP"). With regard to both the 421-a tax abatement and the ICAP tax exemption, the estimated full<br> unabated taxes for the 2025/2026 tax year are $251,844 compared to the underwritten abated taxes of $11,206. |
| (28) | With respect to Loan No. 20, FG Communities MHC Portfolio, the borrower has entered into a master lease with affiliated tenants for each of the mortgaged properties with respect to 82 pads at the applicable mortgaged property where such affiliated tenant owns mobile homes that are rented to third parties. The mortgage loan documents restrict amendments, modifications and terminations of such master leases and the total number of affiliate-owned mobile homes. Any additional affiliate-owned mobile homes located at a mortgaged property must be subject to a master lease for such property.<br>With respect to Loan No. 21, 7 Slater Drive, the borrower sponsor entered into a master lease with the borrower for 97,000 square feet of space that is currently leased to and utilized by VINMAX, the largest tenant at the mortgaged property. |
| (29) | 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 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.<br>● Loan No. 14, Supreme High Street Retail<br> ● Loan No. 21, 7 Slater Drive<br> ● Loan No. 29, 27 Brighton 11th Street<br> ● Loan No. 45, Ramar Mobile Home Park<br>With respect to Loan No. 4, Southeast MHC Portfolio, the Pine Hill & Pine Manor mortgaged property is located in a qualified opportunity zone.<br>With respect to Loan No. 24, ILPT 2025 Portfolio - 1341 N. Clyde Morris Blvd., 2375 East Newlands Road, 5001 West Delbridge Street, 955 Aeroplaza Drive, 2482 Century Drive, 1095 South 4800 West, 1230 West 171st Street, and 209 South Bud Street are mortgaged properties located within a qualified opportunity zone. |
| (30) | With respect to Loan No.1, 251 Park Avenue South, the Largest Tenant at the property, Herman Miller, and the Second Largest Tenant at the property, Maharam Fabric Corporation, are affiliates.<br>With respect to Loan No. 3, Warren Corporate Center, the Appraised Value ($) represents the Prospective As Complete and As Stabilized value of the Mortgaged Property as of May 1, 2027, and assumes rent for the tenant Regeneron has commenced and its space is built out. The appraisal also provided a Hypothetical Go Dark Value of the Mortgaged Property of $66,100,000, which would result in a Cut-off Date LTV and Maturity Date LTV of 151.3% each.<br>With respect to Loan No. 6, 180 Water, the Mortgage Rate represents the interest rate associated with Note A-5 and Note A-6, which are being contributed to the BMO 2025-5C12 mortgage trust. The weighted average interest rate of Notes A-1, A-2, A-3, A-4, A-5, A-6, and A-7, which constitute the 180 Water senior notes is 5.34703378378378% per annum and the weighted average interest rate for the 180 Water Whole Loan is 6.319575% per annum. See "Description of the Mortgage Pool—Certain Calculations and Definitions" in the prospectus.<br>With respect to Loan No. 6, 180 Water, SVP 180 Water Preferred Investor LLC, an affiliate of Strategic Value Partners (the "Holdco Preferred Equity Holder") contributed approximately $50,000,000 in preferred equity to the  |

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transaction, and 180 Water Investors LLC contributed approximately $39,473,848.60 in common equity. The lender entered into a recognition agreement with the Holdco Preferred Equity Holder, which provided, among other things, that (i) the lender will not make certain modifications to the 180 Water Whole Loan documents without the consent of the Holdco Preferred Equity Holder, (ii) the Holdco Preferred Equity Holder may undertake an indirect change of control of the borrower and obtain all of the common equity holder's indirect interests in the borrower in the event of a default under the preferred equity documents or preferred equity trigger event under the 180 Water Whole Loan documents), (iii) the Holdco Preferred Equity Holder has the right to cure 180 Water Whole Loan defaults and has an additional 10 business days to cure monetary defaults and at least an additional 30 days to cure non-monetary defaults, in each case, after the later of notice and the expiration of the borrower's cure period, plus, in the case, of non-monetary defaults, an extended cure period of an additional 180 days and the waiver of certain non-monetary defaults that are not susceptible of cure, (iv) the right of the Holdco Preferred Equity Holder to purchase the 180 Water Whole Loan for a price equal to its outstanding principal balance and accrued interest without the payment of any yield maintenance premiums, prepayment fees or premiums, any exit fees, any liquidated damage amount, any spread maintenance charges, any late charges or late fees, any default interest or, if the 180 Water Whole Loan is purchased within 90 days of the first purchase option notice, any workout and liquidation fees, provided that "liquidation fees" are not permitted to exceed a rate of 1.00% of liquidation proceeds and "workout fees" are not permitted to exceed a rate of 1.00% of interest and principal collections on the 180 Water Whole Loan, (v) the Holdco Preferred Equity Holder has the right to transfer the preferred equity investment to a qualified preferred equity holder and to make certain direct and indirect transfers in the Holdco Preferred Equity Holder and (vi) the Holdco Preferred Equity Holder has certain other rights. The Holdco Preferred Equity Holder is entitled to receive a preferred rate of 16.0% per annum, compounded annually. To the extent there is sufficient cash flow and no preferred equity trigger event is continuing, 6.0% of the 16.0% preferred rate will be paid monthly. From July 2028 until June 2029, the current pay amount will increase to 7.0% and from and after July 2029, the current pay amount will increase to 8.0%. In the event that there is insufficient cash flow, the current pay amount will accrue and will be added to the Preferred Equity Investment. After a preferred equity trigger event, the preferred rate will be 21.0%, compounded annually, and from and after the date that is 90 days following the mandatory redemption date, the preferred return is 25.0%, compounded annually. The "mandatory redemption date" will be August 6, 2030 or such earlier date that the Preferred Equity Investment and other amounts becomes due under the terms of the preferred equity documents. See "Description of the Mortgage Pool—Additional Indebtedness— Preferred Equity and Preferred Return Arrangements" in the prospectus.<br>With respect to Loan No. 11, The Life Hotel, there is a third-party food and beverage lease agreement between the borrower and Blue Mezze Nomad Inc. to operate the two distinct food and beverage outlets at the mortgaged property. The first is located on 1,909 square foot of ground floor space called ZOI Nomad Mediterranean Cuisine, while the second is called TEN11 Lounge Nomad, which is located on 1,035 square feet at the cellar level. The term of the agreement commenced in 2025 and runs for 15 years through 2040. The tenant is currently paying a base rent of $360,000 per year. The agreement provides for a 3% rent increase per year through the lease term.<br>With respect to Loan No. 20, FG Communities MHC Portfolio, a portion the Carolina Pines mortgaged property containing two pad sites is located in Flood Zone AE, while the remaining 45 pad sites are located in Flood Zone X.<br>With respect to Loan No. 22, Vertex HQ, the Vertex HQ Junior Notes have an outstanding principal balance as of the Cut-off Date of $441,200,000, the weighted average interest rate associated with the Vertex HQ Junior Notes is 6.43191708975521% per annum. For additional information, see "Description of the Mortgage Pool—The Whole Loans—The Vertex HQ Pari Passu-AB Whole Loan" in the prospectus.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, the ILPT 2025 Portfolio Mortgage Loan is part of the ILPT 2025 Portfolio Whole Loan, which is comprised of 38 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. The Interest Rate represents the weighted average interest rate of the ILPT 2025 Portfolio Senior Loan. The junior notes bear interest at the weighted average interest rate of 8.2510509729845% per annum. The weighted average interest rate of the ILPT 2025 Portfolio Whole Loan is 6.39895724160776% per annum.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, as 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<br>

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|  | 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.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, as to the Mortgaged Property known as the 996 Paragon Way property, the Sole Tenant at the 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.<br>With respect to Loan No. 24, ILPT 2025 Portfolio, the Mortgaged Property known as the 11224 Will Walker Road property, Mercedes Benz US International, Inc., the Largest Tenant at the 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.<br>With respect to Loan No. 32, Waterfront Office, the Appraised Value ($) represents the "As Is - Assuming Pisenti executes the extension" value of the Mortgaged Property as of June 11, 2025, which assumes Pisenti executes the renewal lease amendment of Suite 208. Pisenti signed the amendment on July 24, 2025. |
| (31) | With respect to Loan No. 6, 180 Water, the increase in UW Net Operating Income ($) from Most Recent NOI ($) is primarily due to economic vacancy decreasing associated with a reduction in concessions, along with an increase in in-place rents.<br>With respect to Loan No. 7, Philadelphia Design and Distribution Center, the increase from Third Most Recent NOI to Second Most Recent NOI was primarily driven by an increase to gross potential rent and reimbursement income.<br>With respect to Loan No. 8, Than Tower, the increase from Most Recent NOI to Underwritten Net Operating Income ($) is primarily driven by an increase in occupancy from 90.2% to 95.0%, and the corresponding increase in residential gross potential rent.<br>With respect to loan No. 9, Quality RV Resort & SS Portfolio, the decrease in Underwritten Net Operating Income from 2022 to 2024 is primarily due to decreases in occupancy at the Eastlake RV Resort and Northlake RV Resort properties because of the influx of new supply in the Houston market and nearby submarkets.<br>With respect to Loan No. 10, 321-325 West 42nd Street, the increase from Third Most Recent NOI to Second Most Recent NOI was primarily driven by a significant increase in residential gross potential rent and commercial income due to new ownership. The further increase from Most Recent NOI to Underwritten Net Operating Income ($) is primarily due to an increase in occupancy and an increase in commercial income.<br>With respect to Loan No. 11, The Life Hotel, the increase from Most Recent NOI to UW NOI is primarily attributable to increased revenues stemming from the food and beverage lease.<br>With respect to loan No. 12, Precise Space, the increase in Underwritten Net Operating Income historical NOI to the UW NOI is primarily due to the lease-up of the mortgaged property since construction in 2023.<br>With respect to Loan No. 13, Gateway Industrial Center, the increase from Most Recent NOI to UW NOI is primarily attributable to the IRS executing a lease which is expected to commence in May 2026.<br> With respect to Loan No. 21, 7 Slater Drive, the increase in Underwritten Net Operating Income from the Most Recent Net Operating Income is primarily due to the recent lease-up and stabilization of the mortgaged property.<br>With respect to Loan No. 22, Vertex HQ, the increase in Underwritten Net Operating Income ($) from Most Recent NOI primarily attributable to the expiration of free rent periods (and the escrow of remaining free rent) at the property, and the inclusion of tenant rent credits which assumes straight line rent for the first 10 years of the Vertex lease.<br>|

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|  | With respect to Loan No. 23, 219 and 221 South 4th Street, the increase in Underwritten Net Operating Income from the Most Recent Net Operating Income is primarily due to the recent re-development, delivery, lease-up and stabilization of the mortgaged property. The Most Recent Net Operating Income represents three months of operations.<br>With respect to Loan No. 29, 27 Brighton 11th Street, the increase in Underwritten Net Operating Income from the Most Recent Net Operating Income is primarily due to the recent construction, delivery, lease-up and stabilization of the mortgaged property. The Most Recent Net Operating Income represents ten months of operations.<br>|
| (32) | Intentionally Blank |
| (33) | With respect to Loan No. 7, Philadelphia Design and Distribution Center, the borrowers own the mortgaged property as tenants-in-common.<br>With respect to Loan No. 16, Augusta Ranch Marketplace, the borrowers own the mortgaged property as tenants-in-common. |

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