GS Mortgage Securities Corp Ii FWP Free writing prospectus

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-261764-02

IMPORTANT NOTICE REGARDING THE CONDITIONS FOR THIS OFFERING OF ASSET-BACKED SECURITIES

The securities offered by these materials are being offered when, as and if issued. In particular, you are advised that the offered securities, and the asset pool backing them, are subject to modification or revision (including, among other things, the possibility that one or more classes of securities may be split, combined or eliminated) at any time prior to issuance or availability of a final prospectus.

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including the prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-261764) 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 Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC, AmeriVet Securities, Inc., Drexel Hamilton, LLC, any other underwriter, or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-866-471-2526 or if you email a request to prospectus-ny@gs.com.

IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED

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

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	% of Loan Balance	Mortgage Loan Originator	Mortgage Loan Seller

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	7.8%	100.0%	BCREI, DBNY	Barclays, GACC
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	6.8%		CREFI	CREFI
2.01	Property		1	6500 East Fourteen Mile Road	6.3%	92.4%
2.02	Property		1	30450-30500 Little Mack Avenue	0.5%	7.6%
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	5.3%		BCREI	Barclays
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	2.1%	39.6%
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	1.3%	25.4%
3.03	Property		1	Schnucks - Rockford (Charles), IL	0.5%	10.2%
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	0.2%	4.4%
3.05	Property		1	BioLife- Pearland (Kirby), TX	0.2%	4.1%
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	0.2%	3.6%
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	0.1%	1.8%
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	0.1%	1.7%
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	0.1%	1.6%
3.10	Property		1	Dollar General - Chester (Lincoln), WV	0.1%	1.5%
3.11	Property		1	Dollar General - Johnstown (Horner), PA	0.1%	1.3%
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	0.1%	1.2%
3.13	Property		1	Dollar General - Springfield (Grand), IL	0.1%	1.2%
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	0.1%	1.2%
3.15	Property		1	Dollar General - Flint (Court), MI	0.1%	1.1%
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	5.2%	100.0%	CREFI	CREFI
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	5.2%	100.0%	DBRI, WFBNA	GACC
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	4.7%	100.0%	DBNY, GSBI, WFBNA, New York Life Insurance Company, Teachers Insurance and Annuity Association of America	GACC, GSMC
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	4.7%	100.0%	BCREI, SGFC	Barclays
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	4.4%	100.0%	JPMCB	JPMCB
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	3.8%	100.0%	GSBI	GSMC
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	3.6%		CREFI	CREFI
10.01	Property		1	Starburst Apartments	2.2%	60.0%
10.02	Property		1	Orbit Apartments	1.5%	40.0%
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	3.5%	100.0%	BSPRT	GACC
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	3.5%		BMO	BMO
12.01	Property		1	30, 40 and 60 East 9th Street	2.3%	65.5%
12.02	Property		1	260 West 87th Street	1.2%	34.5%
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	3.3%	100.0%	GSBI, MSBNA	GSMC
14	Loan	93, 94	1	1001 McKinney	3.2%	100.0%	BCREI	Barclays
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	2.8%	100.0%	CREFI, BMO	CREFI, BMO
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	2.8%	100.0%	GSBI, MSBNA, BMO, DBRI	BMO, GACC
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	2.6%	100.0%	BMO	BMO
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	2.4%	100.0%	BMO, SMC	BMO
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	2.3%	100.0%	BCREI, BANA, JPMCB	Barclays
20	Loan	135, 136, 137, 138	1	150 South Warner	2.1%	100.0%	CREFI	CREFI
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	2.1%	100.0%	GSBI, BANA, MSBNA	GSMC
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	2.1%	100.0%	BCREI, JPMCB	Barclays
23	Loan	152, 153	18	Teamshares Portfolio	1.8%		BCREI	Barclays
23.01	Property		1	West Lebanon Feed & Supply	0.2%	11.1%
23.02	Property		1	Karl's Country Market	0.2%	9.7%
23.03	Property		1	Coronado Paint & Decorating	0.2%	9.4%
23.04	Property		1	RPM Carpets	0.2%	8.5%
23.05	Property		1	AW Brown Pet & Garden	0.1%	7.0%
23.06	Property		1	Eric Clark Industries	0.1%	6.8%
23.07	Property		1	Pizza Shuttle	0.1%	5.6%
23.08	Property		1	Old Town Market	0.1%	5.3%
23.09	Property		1	A&B Wood & Design	0.1%	5.0%
23.10	Property		1	Don & Millie's Harrison Street	0.1%	4.8%
23.11	Property		1	Don & Millie's West Center	0.1%	4.7%
23.12	Property		1	Don & Millie's Evans Street	0.1%	4.6%
23.13	Property		1	Don & Millie's Q Street	0.1%	4.1%
23.14	Property		1	Don & Millie's Pratt Ave	0.1%	3.9%
23.15	Property		1	B&M Clambake	0.1%	3.7%
23.16	Property		1	Thielen Meats of Pierz	0.1%	2.8%
23.17	Property		1	Popco Service	0.0%	1.7%
23.18	Property		1	Ned's Pizza	0.0%	1.4%
24	Loan	154	1	Westin Mount Laurel	1.8%	100.0%	Greystone Select Company II LLC	BMO
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	1.5%	100.0%	DBRI	GACC
26	Loan	159	1	5542 Grand River	1.3%	100.0%	CREFI	CREFI
27	Loan	160, 161	1	Rangeview & Trails End	1.2%	100.0%	DBRI	GACC
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	1.0%	100.0%	GSBI, DBNY	GACC
29	Loan	9, 172, 173, 174	1	Riverview Tower	1.0%	100.0%	BMO	BMO
30	Loan	175	1	Doubletree Laurel	1.0%	100.0%	CREFI	CREFI
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	0.9%	100.0%	JPMCB	JPMCB
32	Loan	180, 181	1	123 West Tryon Avenue	0.9%	100.0%	BCREI	Barclays
33	Loan	182	1	70 Grand Avenue	0.8%	100.0%	CREFI	CREFI
34	Loan	183, 184, 185	2	Storage Depot Portfolio	0.6%		BCREI	Barclays
34.01	Property		1	Farmville Properties	0.4%	65.2%
34.02	Property		1	21528 Prince Edward Highway	0.2%	34.8%
35	Loan		1	Riviera Terrace	0.6%	100.0%	DBRI	GACC
36	Loan		1	60 Warren Street	0.5%	100.0%	BMO	BMO
37	Loan		1	Cityline Carlisle Storage	0.5%	100.0%	CREFI	CREFI
38	Loan	186	1	400 Suydam	0.3%	100.0%	CREFI	CREFI

A-1-1

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Related Group	Crossed Group	Address	City	County

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP	NAP	12800 Culver Boulevard	Los Angeles	Los Angeles
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	NAP	NAP	Various	Various	Macomb
2.01	Property		1	6500 East Fourteen Mile Road			6500 East Fourteen Mile Road	Warren	Macomb
2.02	Property		1	30450-30500 Little Mack Avenue			30450-30500 Little Mack Avenue	Roseville	Macomb
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	NAP	NAP	Various	Various	Various
3.01	Property		1	FedEx Ground - Brookfield (Image), MO			25821 Image Road	Brookfield	Linn
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY			7200 Niagara Falls Boulevard	Niagara Falls	Niagara
3.03	Property		1	Schnucks - Rockford (Charles), IL			2642 Charles Street	Rockford	Winnebago
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ			599 US Route 9	Waretown	Ocean
3.05	Property		1	BioLife- Pearland (Kirby), TX			3020 Kirby Drive	Pearland	Brazoria
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL			4540 Highway 90	Pace	Santa Rosa
3.07	Property		1	Dollar Tree - Moore (Eastern), OK			855 South Eastern Avenue	Moore	Cleveland
3.08	Property		1	Dollar General - Eloy (Frontier), AZ			4002 West Frontier Street	Eloy	Pinal
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX			2491 State Highway 361	Ingleside	San Patricio
3.10	Property		1	Dollar General - Chester (Lincoln), WV			1963 Lincoln Highway	Chester	Hancock
3.11	Property		1	Dollar General - Johnstown (Horner), PA			337 Horner Street	Johnstown	Cambria
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH			1601 Cottage Street	Ashland	Ashland
3.13	Property		1	Dollar General - Springfield (Grand), IL			2015 North Grand Avenue East	Springfield	Sangamon
3.14	Property		1	Dollar General - Owensboro (KY-25), KY			6542 State Route 56	Owensboro	Daviess
3.15	Property		1	Dollar General - Flint (Court), MI			1835 East Court Street	Flint	Genesee
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP	963 Atlantic Avenue	Brooklyn	Kings
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP	NAP	501 Gateway Drive	Brooklyn	Kings
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	NAP	NAP	222 Berkeley Street and 500 Boylston Street	Boston	Suffolk
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Group 1	NAP	7900 Shelbyville Road	Louisville	Jefferson
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	NAP	500 Charles Ewing Boulevard	Ewing Township	Mercer
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP	NAP	121-383 East Alessandro Boulevard	Riverside	Riverside
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	NAP	NAP	Various	Austin	Travis
10.01	Property		1	Starburst Apartments			8800 North Interstate Highway 35	Austin	Travis
10.02	Property		1	Orbit Apartments			8900 North Interstate Highway 35	Austin	Travis
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	NAP	6461 Westwood Boulevard	Orlando	Orange
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	NAP	NAP	Various	New York	New York
12.01	Property		1	30, 40 and 60 East 9th Street			30, 40 and 60 East 9th Street	New York	New York
12.02	Property		1	260 West 87th Street			260 West 87th Street	New York	New York
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Group 1	NAP	1111 and 1200 Bagby Street	Houston	Harris
14	Loan	93, 94	1	1001 McKinney	NAP	NAP	1001 McKinney Street	Houston	Harris
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	NAP	NAP	200-210 Hudson Street	Jersey City	Hudson
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	Group 2	NAP	2034 Green Acres Road	Valley Stream	Nassau
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP	NAP	420 Superior Avenue East	Cleveland	Cuyahoga
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	NAP	NAP	1337 Chestnut Street	Philadelphia	Philadelphia
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	NAP	NAP	2001 and 2005 Market Street	Philadelphia	Philadelphia
20	Loan	135, 136, 137, 138	1	150 South Warner	NAP	NAP	150 South Warner Road	King of Prussia	Montgomery
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	Group 3	NAP	3663 South Las Vegas Boulevard	Las Vegas	Clark
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	NAP	NAP	38-25 Main Street	Flushing	Queens
23	Loan	152, 153	18	Teamshares Portfolio	NAP	NAP	Various	Various	Various
23.01	Property		1	West Lebanon Feed & Supply			8, 12, 26 and 33 Railroad Avenue	West Lebanon	Grafton
23.02	Property		1	Karl's Country Market			W156N5645 Pilgrim Road and N56W15654 Silver Spring Drive	Menomonee Falls	Waukesha
23.03	Property		1	Coronado Paint & Decorating			2929 Cerrillos Road	Santa Fe	Santa Fe
23.04	Property		1	RPM Carpets			192 MA-137	Harwich	Barnstable
23.05	Property		1	AW Brown Pet & Garden			144 Shaker Road	East Longmeadow	Hampden
23.06	Property		1	Eric Clark Industries			19 Ranger Drive	Kittery	York
23.07	Property		1	Pizza Shuttle			1827 North Farwell Avenue	Milwaukee	Milwaukee
23.08	Property		1	Old Town Market			123 Chinn Chapel Road	Double Oak	Denton
23.09	Property		1	A&B Wood & Design			319 Riggs Street	Oxford	New Haven
23.10	Property		1	Don & Millie's Harrison Street			14321 Harrison Street	La Vista	Sarpy
23.11	Property		1	Don & Millie's West Center			10727 West Center Road	Omaha	Douglas
23.12	Property		1	Don & Millie's Evans Street			16130 Evans Street	Omaha	Douglas
23.13	Property		1	Don & Millie's Q Street			8405 Q Street	Omaha	Douglas
23.14	Property		1	Don & Millie's Pratt Ave			2208 Pratt Avenue	Bellevue	Sarpy
23.15	Property		1	B&M Clambake			560, 562, 588 York Avenue	Pawtucket	Providence
23.16	Property		1	Thielen Meats of Pierz			310 and 318 Main Street North	Pierz	Morrison
23.17	Property		1	Popco Service			66 Ramah Circle South	Agawam	Hampden
23.18	Property		1	Ned's Pizza			3246 South 27th Street	Milwaukee	Milwaukee
24	Loan	154	1	Westin Mount Laurel	NAP	NAP	555 Fellowship Road	Mount Laurel	Burlington
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	NAP	NAP	9-121 East Southern Avenue	Tempe	Maricopa
26	Loan	159	1	5542 Grand River	NAP	NAP	5542 West Grand River Avenue	Lansing	Clinton
27	Loan	160, 161	1	Rangeview & Trails End	Group 4	NAP	905 Muldoon Road and 100 McCarrey Street	Anchorage	Anchorage
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Group 2, Group 3	NAP	7014 East Camelback Road	Scottsdale	Maricopa
29	Loan	9, 172, 173, 174	1	Riverview Tower	NAP	NAP	900 South Gay Street	Knoxville	Knox
30	Loan	175	1	Doubletree Laurel	NAP	NAP	15101 Sweitzer Lane	Laurel	Prince George's
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	NAP	NAP	400 Interstate North Parkway Southeast	Atlanta	Cobb
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP	123 West Tryon Avenue	Teaneck	Bergen
33	Loan	182	1	70 Grand Avenue	NAP	NAP	70 Grand Avenue	River Edge	Bergen
34	Loan	183, 184, 185	2	Storage Depot Portfolio	Group 5	NAP	Various	Various	Prince Edward
34.01	Property		1	Farmville Properties			2010 West 3rd Street, 1716 West 3rd Street and 407 East 3rd Street	Farmville	Prince Edward
34.02	Property		1	21528 Prince Edward Highway			21528 Prince Edward Highway	Rice	Prince Edward
35	Loan		1	Riviera Terrace	Group 4	NAP	3307 Boniface Parkway	Anchorage	Anchorage
36	Loan		1	60 Warren Street	NAP	NAP	60 Warren Street	New York	New York
37	Loan		1	Cityline Carlisle Storage	Group 5	NAP	1910 West Trindle Road	Carlisle	Cumberland
38	Loan	186	1	400 Suydam	NAP	NAP	400 Suydam Street	Brooklyn	Kings

A-1-2

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	State	Zip Code	General Property Type	Detailed Property Type	Year Built

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	California	90066	Other	Data Center/Other	1968
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	Michigan	Various	Industrial	Warehouse/Distribution	Various
2.01	Property		1	6500 East Fourteen Mile Road	Michigan	48092	Industrial	Warehouse/Distribution	1969, 1970, 1976, 1982, 1987, 1990, 1993, 1997, 2015
2.02	Property		1	30450-30500 Little Mack Avenue	Michigan	48066	Industrial	Warehouse/Distribution	1968
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	Various	Various	Various	Various	Various
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	Missouri	64628	Industrial	Warehouse/Distribution	2022-2023
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	New York	14304	Retail	Single Tenant	1994
3.03	Property		1	Schnucks - Rockford (Charles), IL	Illinois	61108	Retail	Single Tenant	1956
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	New Jersey	08758	Retail	Single Tenant	2018
3.05	Property		1	BioLife- Pearland (Kirby), TX	Texas	77584	Office	Medical	2022
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	Florida	32571	Retail	Single Tenant	2023
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	Oklahoma	73160	Retail	Single Tenant	2023
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	Arizona	85131	Retail	Single Tenant	2017
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	Texas	78362	Retail	Single Tenant	2023
3.10	Property		1	Dollar General - Chester (Lincoln), WV	West Virginia	26034	Retail	Single Tenant	2022
3.11	Property		1	Dollar General - Johnstown (Horner), PA	Pennsylvania	15902	Retail	Single Tenant	2023
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	Ohio	44805	Retail	Single Tenant	2022
3.13	Property		1	Dollar General - Springfield (Grand), IL	Illinois	62702	Retail	Single Tenant	1941
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	Kentucky	42301	Retail	Single Tenant	2017
3.15	Property		1	Dollar General - Flint (Court), MI	Michigan	48503	Retail	Single Tenant	1941
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	New York	11238	Multifamily	High Rise	2023
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	New York	11239	Retail	Anchored	2002
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	Massachusetts	02116	Office	CBD	1987, 1991
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Kentucky	40222	Retail	Super Regional Mall	1971
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	New Jersey	08628	Office	Suburban	2011
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	California	92508	Retail	Anchored	1991-2012
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	Texas	78753	Multifamily	Garden	Various
10.01	Property		1	Starburst Apartments	Texas	78753	Multifamily	Garden	1983
10.02	Property		1	Orbit Apartments	Texas	78753	Multifamily	Garden	1981
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	Florida	32821	Hospitality	Limited Service	2020
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	New York	Various	Other	Parking Garage	Various
12.01	Property		1	30, 40 and 60 East 9th Street	New York	10003	Other	Parking Garage	1955
12.02	Property		1	260 West 87th Street	New York	10024	Other	Parking Garage	1987
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Texas	77002	Office	CBD	1986
14	Loan	93, 94	1	1001 McKinney	Texas	77002	Office	CBD	1947
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	New Jersey	07311	Office	CBD	1930
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	New York	11581	Retail	Regional Mall	1956, 2016
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	Ohio	44114	Hospitality	Full Service	1890
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Pennsylvania	19107	Mixed Use	Office/Retail/Court	1916
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Pennsylvania	19103	Office	CBD	1987, 1992
20	Loan	135, 136, 137, 138	1	150 South Warner	Pennsylvania	19406	Office	Suburban	1986
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	Nevada	89109	Retail	Regional Mall	2000
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	New York	11354	Mixed Use	Retail/Office	2007
23	Loan	152, 153	18	Teamshares Portfolio	Various	Various	Various	Various	Various
23.01	Property		1	West Lebanon Feed & Supply	New Hampshire	03784	Retail	Single Tenant	2007
23.02	Property		1	Karl's Country Market	Wisconsin	53051	Retail	Single Tenant	1968, 2008
23.03	Property		1	Coronado Paint & Decorating	New Mexico	87507	Industrial	Warehouse	1995
23.04	Property		1	RPM Carpets	Massachusetts	02645	Retail	Single Tenant	2005
23.05	Property		1	AW Brown Pet & Garden	Massachusetts	01028	Retail	Single Tenant	1987
23.06	Property		1	Eric Clark Industries	Maine	03904	Industrial	Other	2011
23.07	Property		1	Pizza Shuttle	Wisconsin	53202	Retail	Single Tenant	1986
23.08	Property		1	Old Town Market	Texas	75077	Retail	Single Tenant	2018
23.09	Property		1	A&B Wood & Design	Connecticut	06478	Industrial	Warehouse	2006
23.10	Property		1	Don & Millie's Harrison Street	Nebraska	68138	Retail	Single Tenant	2003
23.11	Property		1	Don & Millie's West Center	Nebraska	68124	Retail	Single Tenant	1991
23.12	Property		1	Don & Millie's Evans Street	Nebraska	68116	Retail	Single Tenant	2017
23.13	Property		1	Don & Millie's Q Street	Nebraska	68127	Retail	Single Tenant	1997
23.14	Property		1	Don & Millie's Pratt Ave	Nebraska	68123	Retail	Single Tenant	2000
23.15	Property		1	B&M Clambake	Rhode Island	02861	Industrial	Flex	1930, 1940, 1965
23.16	Property		1	Thielen Meats of Pierz	Minnesota	56364	Industrial	Flex	1977
23.17	Property		1	Popco Service	Massachusetts	01001	Industrial	Warehouse	1973
23.18	Property		1	Ned's Pizza	Wisconsin	53215	Retail	Single Tenant	1947
24	Loan	154	1	Westin Mount Laurel	New Jersey	08054	Hospitality	Full Service	1983, 2008
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Arizona	85282	Retail	Anchored	1963
26	Loan	159	1	5542 Grand River	Michigan	48906	Industrial	Warehouse/Distribution	1990
27	Loan	160, 161	1	Rangeview & Trails End	Alaska	99504	Manufactured Housing	Manufactured Housing	1950, 1957
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Arizona	85251	Retail	Super Regional Mall	1961, 1977, 1982, 1992, 1996, 2006, 2015
29	Loan	9, 172, 173, 174	1	Riverview Tower	Tennessee	37902	Office	CBD	1981-1984
30	Loan	175	1	Doubletree Laurel	Maryland	20707	Hospitality	Full Service	1985
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Georgia	30339	Office	Suburban	1987
32	Loan	180, 181	1	123 West Tryon Avenue	New Jersey	07666	Self Storage	Self Storage	1965
33	Loan	182	1	70 Grand Avenue	New Jersey	07661	Office	Suburban	1987
34	Loan	183, 184, 185	2	Storage Depot Portfolio	Virginia	Various	Self Storage	Self Storage	Various
34.01	Property		1	Farmville Properties	Virginia	23901	Self Storage	Self Storage	1953, 1990, 1996
34.02	Property		1	21528 Prince Edward Highway	Virginia	23966	Self Storage	Self Storage	2007
35	Loan		1	Riviera Terrace	Alaska	99504	Manufactured Housing	Manufactured Housing	1960
36	Loan		1	60 Warren Street	New York	10007	Retail	Unanchored	1915
37	Loan		1	Cityline Carlisle Storage	Pennsylvania	17013	Self Storage	Self Storage	1995
38	Loan	186	1	400 Suydam	New York	11237	Multifamily	Low Rise	1931

A-1-3

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Year Renovated	Number of Units	Unit of Measure	Loan Per Unit ($)	Original Balance ($)	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	1998-1999	296,000	SF	286.49	75,000,000	75,000,000	75,000,000	6.53300%
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	Various	1,139,821	SF	57.47	65,500,000	65,500,000	65,500,000	7.25000%
2.01	Property		1	6500 East Fourteen Mile Road	2023	1,010,800	SF		60,500,000	60,500,000	60,500,000
2.02	Property		1	30450-30500 Little Mack Avenue	2012	129,021	SF		5,000,000	5,000,000	5,000,000
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	Various	514,077	SF	98.59	50,682,000	50,682,000	50,682,000	5.67200%
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	NAP	192,874	SF		20,075,000	20,075,000	20,075,000
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	NAP	101,330	SF		12,850,000	12,850,000	12,850,000
3.03	Property		1	Schnucks - Rockford (Charles), IL	1999	82,340	SF		5,175,000	5,175,000	5,175,000
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	NAP	19,097	SF		2,250,000	2,250,000	2,250,000
3.05	Property		1	BioLife- Pearland (Kirby), TX	NAP	13,905	SF		2,100,000	2,100,000	2,100,000
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	NAP	14,392	SF		1,800,000	1,800,000	1,800,000
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	NAP	10,120	SF		925,000	925,000	925,000
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	NAP	9,002	SF		850,000	850,000	850,000
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	NAP	10,000	SF		825,000	825,000	825,000
3.10	Property		1	Dollar General - Chester (Lincoln), WV	NAP	10,556	SF		775,000	775,000	775,000
3.11	Property		1	Dollar General - Johnstown (Horner), PA	NAP	9,026	SF		670,000	670,000	670,000
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	NAP	10,566	SF		627,000	627,000	627,000
3.13	Property		1	Dollar General - Springfield (Grand), IL	1983	13,709	SF		600,000	600,000	600,000
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	NAP	9,026	SF		585,000	585,000	585,000
3.15	Property		1	Dollar General - Flint (Court), MI	2020	8,134	SF		575,000	575,000	575,000
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	124	Units	406,451.61	50,400,000	50,400,000	50,400,000	6.97000%
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP	355,033	SF	457.70	50,000,000	50,000,000	50,000,000	6.87300%
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	2016-2022	1,283,670	SF	370.03	45,000,000	45,000,000	45,000,000	6.29800%
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	1984, 2013, 2022	904,078	SF	99.55	45,000,000	45,000,000	45,000,000	8.12000%
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	250,086	SF	170.74	42,700,000	42,700,000	42,700,000	8.27200%
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP	244,581	SF	151.28	37,000,000	37,000,000	37,000,000	6.86600%
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	2019-2022	840	Units	130,952.38	35,000,000	35,000,000	35,000,000	7.37000%
10.01	Property		1	Starburst Apartments	2019-2022	504	Units		21,000,000	21,000,000	21,000,000
10.02	Property		1	Orbit Apartments	2019-2022	336	Units		14,000,000	14,000,000	14,000,000
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	259	Rooms	132,239.38	34,250,000	34,250,000	34,250,000	8.45000%
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	NAP	550	Spaces	80,000.00	34,000,000	34,000,000	34,000,000	7.91000%
12.01	Property		1	30, 40 and 60 East 9th Street	NAP	360	Spaces		22,254,545	22,254,545	22,254,545
12.02	Property		1	260 West 87th Street	NAP	190	Spaces		11,745,455	11,745,455	11,745,455
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	2021	1,158,165	SF	148.51	32,000,000	32,000,000	32,000,000	7.63000%
14	Loan	93, 94	1	1001 McKinney	2020	375,440	SF	83.10	31,200,000	31,200,000	31,200,000	7.67500%
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	2021	1,599,029	SF	140.71	27,500,000	27,500,000	27,500,000	5.84000%
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	1982, 2006, 2007	2,081,286	SF	177.77	27,000,000	27,000,000	27,000,000	5.89900%
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	2001, 2018	293	Rooms	85,324.23	25,000,000	25,000,000	25,000,000	7.99000%
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	2007	441,696	SF	113.20	23,000,000	23,000,000	23,000,000	7.68500%
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	2013	1,896,143	SF	116.03	22,500,000	22,500,000	22,500,000	7.78750%
20	Loan	135, 136, 137, 138	1	150 South Warner	2022	152,118	SF	134.60	20,475,000	20,475,000	19,551,143	7.69000%
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	2007-2008, 2022-2023	503,484	SF	844.12	20,000,000	20,000,000	20,000,000	6.99105%
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	NAP	95,123	SF	600.28	20,000,000	20,000,000	20,000,000	7.55000%
23	Loan	152, 153	18	Teamshares Portfolio	Various	195,467	SF	90.56	17,702,000	17,702,000	17,249,472	7.59800%
23.01	Property		1	West Lebanon Feed & Supply	NAP	20,092	SF		1,970,000	1,970,000	1,919,640
23.02	Property		1	Karl's Country Market	NAP	14,056	SF		1,710,000	1,710,000	1,666,286
23.03	Property		1	Coronado Paint & Decorating	NAP	24,600	SF		1,665,000	1,665,000	1,622,437
23.04	Property		1	RPM Carpets	NAP	9,664	SF		1,510,000	1,510,000	1,471,399
23.05	Property		1	AW Brown Pet & Garden	1990	28,893	SF		1,240,000	1,240,000	1,208,301
23.06	Property		1	Eric Clark Industries	NAP	13,030	SF		1,205,000	1,205,000	1,174,196
23.07	Property		1	Pizza Shuttle	2010	4,094	SF		990,000	990,000	964,692
23.08	Property		1	Old Town Market	NAP	3,300	SF		938,000	938,000	914,021
23.09	Property		1	A&B Wood & Design	NAP	20,350	SF		877,000	877,000	854,581
23.10	Property		1	Don & Millie's Harrison Street	NAP	3,876	SF		850,000	850,000	828,271
23.11	Property		1	Don & Millie's West Center	NAP	3,934	SF		824,000	824,000	802,936
23.12	Property		1	Don & Millie's Evans Street	NAP	3,840	SF		817,000	817,000	796,114
23.13	Property		1	Don & Millie's Q Street	NAP	4,096	SF		725,000	725,000	706,466
23.14	Property		1	Don & Millie's Pratt Ave	NAP	3,906	SF		685,000	685,000	667,489
23.15	Property		1	B&M Clambake	NAP	18,865	SF		652,000	652,000	635,332
23.16	Property		1	Thielen Meats of Pierz	1984	13,515	SF		502,000	502,000	489,167
23.17	Property		1	Popco Service	NAP	3,556	SF		300,000	300,000	292,331
23.18	Property		1	Ned's Pizza	NAP	1,800	SF		242,000	242,000	235,814
24	Loan	154	1	Westin Mount Laurel	2017	175	Rooms	100,000.00	17,500,000	17,500,000	17,500,000	7.89000%
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	1994	91,066	SF	153.73	14,000,000	14,000,000	14,000,000	7.04000%
26	Loan	159	1	5542 Grand River	2008	275,000	SF	47.27	13,000,000	13,000,000	13,000,000	7.47000%
27	Loan	160, 161	1	Rangeview & Trails End	NAP	328	Pads	33,887.20	11,115,000	11,115,000	11,115,000	6.71100%
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	1991, 2017-2020, 2023-2024	1,555,459	SF	450.03	10,000,000	10,000,000	10,000,000	6.21425%
29	Loan	9, 172, 173, 174	1	Riverview Tower	2013	334,198	SF	82.59	10,000,000	10,000,000	9,579,959	7.99990%
30	Loan	175	1	Doubletree Laurel	2015	208	Rooms	48,076.92	10,000,000	10,000,000	10,000,000	7.35000%
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	NAP	312,591	SF	76.73	9,000,000	8,994,325	8,648,027	8.30500%
32	Loan	180, 181	1	123 West Tryon Avenue	2019	39,685	SF	216.71	8,600,000	8,600,000	8,600,000	7.46500%
33	Loan	182	1	70 Grand Avenue	2018	70,000	SF	109.57	7,670,000	7,670,000	7,336,377	7.85000%
34	Loan	183, 184, 185	2	Storage Depot Portfolio	Various	96,510	SF	59.77	5,768,000	5,768,000	5,768,000	5.80500%
34.01	Property		1	Farmville Properties	2000, 2004, 2011	63,460	SF		3,760,000	3,760,000	3,760,000
34.02	Property		1	21528 Prince Edward Highway	2019	33,050	SF		2,008,000	2,008,000	2,008,000
35	Loan		1	Riviera Terrace	NAP	145	Pads	36,758.62	5,330,000	5,330,000	5,330,000	6.80850%
36	Loan		1	60 Warren Street	1999	6,449	SF	775.31	5,000,000	5,000,000	5,000,000	7.25000%
37	Loan		1	Cityline Carlisle Storage	2003	45,560	SF	96.58	4,400,000	4,400,000	4,293,138	7.00000%
38	Loan	186	1	400 Suydam	2022	6	Units	475,000.00	2,850,000	2,850,000	2,850,000	7.20000%

A-1-4

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Administrative Fee Rate %	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)	Annual Debt Service (P&I) ($)	Annual Debt Service (IO) ($)	Amortization Type
					1		2		2
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	0.01438%	6.51862%	NAP	413,983.51	NAP	4,967,802.12	Interest Only
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	0.01438%	7.23562%	NAP	401,225.41	NAP	4,814,704.92	Interest Only
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	0.01438%	5.65762%	NAP	242,884.10	NAP	2,914,609.20	Interest Only
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	0.01438%	6.95562%	NAP	296,805.83	NAP	3,561,669.96	Interest Only
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	0.01438%	6.85862%	NAP	290,352.43	NAP	3,484,229.16	Interest Only
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	0.01438%	6.28362%	NAP	239,455.21	NAP	2,873,462.52	Interest Only
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	0.01438%	8.10562%	NAP	308,729.17	NAP	3,704,750.04	Interest Only
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	0.01438%	8.25762%	NAP	298,433.46	NAP	3,581,201.52	Interest Only
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	0.01438%	6.85162%	NAP	214,641.97	NAP	2,575,703.64	Interest Only
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	0.01438%	7.35562%	NAP	217,943.87	NAP	2,615,326.44	Interest Only
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	0.01438%	8.43562%	NAP	244,526.77	NAP	2,934,321.24	Interest Only
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	0.01438%	7.89562%	NAP	227,229.40	NAP	2,726,752.80	Interest Only
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	0.01563%	7.61437%	NAP	206,292.59	NAP	2,475,511.08	Interest Only
14	Loan	93, 94	1	1001 McKinney	0.01438%	7.66062%	NAP	202,321.53	NAP	2,427,858.36	Interest Only
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	0.01438%	5.82562%	NAP	135,692.13	NAP	1,628,305.56	Interest Only
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	0.01438%	5.88462%	NAP	134,570.94	NAP	1,614,851.28	Interest Only
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	0.01438%	7.97562%	NAP	168,770.25	NAP	2,025,243.00	Interest Only
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	0.01438%	7.67062%	NAP	149,341.61	NAP	1,792,099.32	Interest Only
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	0.01563%	7.77187%	NAP	148,043.62	NAP	1,776,523.44	Interest Only
20	Loan	135, 136, 137, 138	1	150 South Warner	0.01438%	7.67562%	145,837.39	NAP	1,750,048.68	NAP	Amortizing Balloon
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	0.02963%	6.96142%	NAP	118,135.80	NAP	1,417,629.60	Interest Only
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	0.01438%	7.53562%	NAP	127,581.02	NAP	1,530,972.24	Interest Only
23	Loan	152, 153	18	Teamshares Portfolio	0.01438%	7.58362%	124,965.02	113,639.87	1,499,580.24	1,363,678.44	Interest Only, Amortizing Balloon
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	0.01438%	7.87562%	NAP	116,660.59	NAP	1,399,927.08	Interest Only
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	0.01438%	7.02562%	NAP	83,274.07	NAP	999,288.84	Interest Only
26	Loan	159	1	5542 Grand River	0.01438%	7.45562%	NAP	82,048.96	NAP	984,587.52	Interest Only
27	Loan	160, 161	1	Rangeview & Trails End	0.01438%	6.69662%	NAP	63,023.98	NAP	756,287.76	Interest Only
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	0.01838%	6.19587%	NAP	52,504.66	NAP	630,055.92	Interest Only
29	Loan	9, 172, 173, 174	1	Riverview Tower	0.01438%	7.98552%	73,375.76	NAP	880,509.12	NAP	Amortizing Balloon
30	Loan	175	1	Doubletree Laurel	0.06313%	7.28687%	NAP	62,100.69	NAP	745,208.28	Interest Only
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	0.04438%	8.26062%	67,962.30	NAP	815,547.60	NAP	Amortizing Balloon
32	Loan	180, 181	1	123 West Tryon Avenue	0.01438%	7.45062%	NAP	54,242.21	NAP	650,906.52	Interest Only
33	Loan	182	1	70 Grand Avenue	0.01438%	7.83562%	55,479.79	NAP	665,757.48	NAP	Amortizing Balloon
34	Loan	183, 184, 185	2	Storage Depot Portfolio	0.01438%	5.79062%	NAP	28,290.24	NAP	339,482.88	Interest Only
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	0.01438%	6.79412%	NAP	30,661.10	NAP	367,933.20	Interest Only
36	Loan		1	60 Warren Street	0.01438%	7.23562%	NAP	30,627.89	NAP	367,534.68	Interest Only
37	Loan		1	Cityline Carlisle Storage	0.01438%	6.98562%	29,273.31	26,023.15	351,279.72	312,277.80	Interest Only, Amortizing Balloon
38	Loan	186	1	400 Suydam	0.01438%	7.18562%	NAP	17,337.50	NAP	208,050.00	Interest Only

A-1-5

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	ARD Loan (Yes / No)	Interest Accrual Method	Original Interest-Only Period (Mos.)	Remaining Interest-Only Period (Mos.)	Original Term To Maturity / ARD (Mos.)	Remaining Term To Maturity / ARD (Mos.)	Original Amortization Term (Mos.)	Remaining Amortization Term (Mos.)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	No	Actual/360	60	60	60	60	0	0
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	No	Actual/360	60	60	60	60	0	0
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	No	Actual/360	60	59	60	59	0	0
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	No	Actual/360	60	59	60	59	0	0
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	No	Actual/360	60	59	60	59	0	0
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	No	Actual/360	60	60	60	60	0	0
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	No	Actual/360	60	59	60	59	0	0
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	No	Actual/360	60	60	60	60	0	0
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	No	Actual/360	60	59	60	59	0	0
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	No	Actual/360	60	58	60	58	0	0
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	No	Actual/360	60	60	60	60	0	0
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	No	Actual/360	60	59	60	59	0	0
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	No	Actual/360	60	58	60	58	0	0
14	Loan	93, 94	1	1001 McKinney	No	Actual/360	60	60	60	60	0	0
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	No	Actual/360	60	57	60	57	0	0
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	No	Actual/360	60	54	60	54	0	0
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	No	Actual/360	60	58	60	58	0	0
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	No	Actual/360	60	60	60	60	0	0
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	No	Actual/360	60	59	60	59	0	0
20	Loan	135, 136, 137, 138	1	150 South Warner	No	Actual/360	0	0	60	60	360	360
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	No	Actual/360	60	59	60	59	0	0
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	No	Actual/360	60	58	60	58	0	0
23	Loan	152, 153	18	Teamshares Portfolio	No	Actual/360	24	24	60	60	360	360
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	No	Actual/360	60	60	60	60	0	0
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	No	Actual/360	60	60	60	60	0	0
26	Loan	159	1	5542 Grand River	No	Actual/360	60	60	60	60	0	0
27	Loan	160, 161	1	Rangeview & Trails End	No	Actual/360	60	59	60	59	0	0
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	No	Actual/360	60	56	60	56	0	0
29	Loan	9, 172, 173, 174	1	Riverview Tower	No	Actual/360	0	0	60	60	360	360
30	Loan	175	1	Doubletree Laurel	No	Actual/360	60	58	60	58	0	0
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	No	Actual/360	0	0	60	59	360	359
32	Loan	180, 181	1	123 West Tryon Avenue	No	Actual/360	60	60	60	60	0	0
33	Loan	182	1	70 Grand Avenue	No	Actual/360	0	0	60	60	360	360
34	Loan	183, 184, 185	2	Storage Depot Portfolio	No	Actual/360	60	59	60	59	0	0
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	No	Actual/360	60	59	60	59	0	0
36	Loan		1	60 Warren Street	No	Actual/360	60	59	60	59	0	0
37	Loan		1	Cityline Carlisle Storage	No	Actual/360	30	28	60	58	360	360
38	Loan	186	1	400 Suydam	No	Actual/360	60	60	60	60	0	0

A-1-6

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Origination Date	Seasoning (Mos.)	Payment Due Date	First Payment Date	First P&I Payment Date	Maturity Date or Anticipated Repayment Date	Final Maturity Date	Grace Period - Late Fee (Days)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	6/20/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	5
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	6/7/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	5/24/2023	1	1	7/1/2023	NAP	6/1/2028	NAP	5
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	6/2/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	5/24/2023	1	5	7/5/2023	NAP	6/5/2028	NAP	5
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	6/7/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	5/25/2023	1	1	7/1/2023	NAP	6/1/2028	NAP	0
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	6/27/2023	0	1	8/1/2023	NAP	7/1/2028	NAP	0
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	6/1/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	4/21/2023	2	6	6/6/2023	NAP	5/6/2028	NAP	0
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	6/14/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	5/25/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	4/13/2023	2	6	6/6/2023	NAP	5/6/2028	NAP	5
14	Loan	93, 94	1	1001 McKinney	6/22/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	5
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	4/4/2023	3	6	5/6/2023	NAP	4/6/2028	NAP	0
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	1/3/2023	6	6	2/6/2023	NAP	1/6/2028	NAP	5
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	4/20/2023	2	6	6/6/2023	NAP	5/6/2028	NAP	0
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	6/9/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	6/1/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
20	Loan	135, 136, 137, 138	1	150 South Warner	6/14/2023	0	6	8/6/2023	8/6/2023	7/6/2028	NAP	0
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	6/6/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	5/5/2023	2	5	6/5/2023	NAP	5/5/2028	NAP	0
23	Loan	152, 153	18	Teamshares Portfolio	6/22/2023	0	6	8/6/2023	8/6/2025	7/6/2028	NAP	0
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	6/26/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	6/9/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
26	Loan	159	1	5542 Grand River	6/9/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
27	Loan	160, 161	1	Rangeview & Trails End	5/31/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	3/3/2023	4	6	4/6/2023	NAP	3/6/2028	NAP	5
29	Loan	9, 172, 173, 174	1	Riverview Tower	6/28/2023	0	6	8/6/2023	8/6/2023	7/6/2028	NAP	0
30	Loan	175	1	Doubletree Laurel	5/4/2023	2	6	6/6/2023	NAP	5/6/2028	NAP	0
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	5/26/2023	1	1	7/1/2023	7/1/2023	6/1/2028	NAP	0
32	Loan	180, 181	1	123 West Tryon Avenue	6/13/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0
33	Loan	182	1	70 Grand Avenue	6/9/2023	0	6	8/6/2023	8/6/2023	7/6/2028	NAP	0
34	Loan	183, 184, 185	2	Storage Depot Portfolio	5/17/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	5/23/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
36	Loan		1	60 Warren Street	6/6/2023	1	6	7/6/2023	NAP	6/6/2028	NAP	0
37	Loan		1	Cityline Carlisle Storage	5/5/2023	2	6	6/6/2023	12/6/2025	5/6/2028	NAP	0
38	Loan	186	1	400 Suydam	6/23/2023	0	6	8/6/2023	NAP	7/6/2028	NAP	0

A-1-7

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Grace Period - Default (Days)	Prepayment Provision	Most Recent EGI ($)	Most Recent Expenses ($)	Most Recent NOI ($)	Most Recent NOI Date
						3
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	0	L(24),YM1(29),O(7)	NAV	NAV	NAV	NAV
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	0	L(24),D(33),O(3)	NAV	NAV	NAV	NAV
2.01	Property		1	6500 East Fourteen Mile Road			NAV	NAV	NAV	NAV
2.02	Property		1	30450-30500 Little Mack Avenue			NAV	NAV	NAV	NAV
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	5	L(25),D(28),O(7)	NAV	NAV	NAV	NAV
3.01	Property		1	FedEx Ground - Brookfield (Image), MO			NAV	NAV	NAV	NAV
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY			NAV	NAV	NAV	NAV
3.03	Property		1	Schnucks - Rockford (Charles), IL			NAV	NAV	NAV	NAV
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ			NAV	NAV	NAV	NAV
3.05	Property		1	BioLife- Pearland (Kirby), TX			NAV	NAV	NAV	NAV
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL			NAV	NAV	NAV	NAV
3.07	Property		1	Dollar Tree - Moore (Eastern), OK			NAV	NAV	NAV	NAV
3.08	Property		1	Dollar General - Eloy (Frontier), AZ			NAV	NAV	NAV	NAV
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX			NAV	NAV	NAV	NAV
3.10	Property		1	Dollar General - Chester (Lincoln), WV			NAV	NAV	NAV	NAV
3.11	Property		1	Dollar General - Johnstown (Horner), PA			NAV	NAV	NAV	NAV
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH			NAV	NAV	NAV	NAV
3.13	Property		1	Dollar General - Springfield (Grand), IL			NAV	NAV	NAV	NAV
3.14	Property		1	Dollar General - Owensboro (KY-25), KY			NAV	NAV	NAV	NAV
3.15	Property		1	Dollar General - Flint (Court), MI			NAV	NAV	NAV	NAV
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	0	L(25),D(28),O(7)	NAV	NAV	NAV	NAV
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	0	L(23),YM1(2),DorYM1(28),O(7)	24,529,721	9,334,536	15,195,185	3/31/2023
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	0	L(24),DorYM1(29),O(7)	99,991,917	36,977,577	63,014,340	3/31/2023
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	0	L(25),D(31),O(4)	13,764,780	5,399,993	8,364,787	3/31/2023
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	0	L(24),YM1(29),O(7)	5,872,110	357,265	5,514,845	12/31/2022
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	0	L(24),YM1(29),O(7)	6,194,258	2,077,992	4,116,266	5/31/2023
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	0	L(26),D(30),O(4)	15,842,006	5,559,308	10,282,697	3/31/2023
10.01	Property		1	Starburst Apartments			9,065,128	3,282,686	5,782,442	3/31/2023
10.02	Property		1	Orbit Apartments			6,776,878	2,276,623	4,500,255	3/31/2023
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	0	L(24),D(29),O(7)	11,973,083	6,962,247	5,010,836	3/31/2023
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	0	L(25),D(30),O(5)	5,701,673	1,902,645	3,799,028	5/31/2023
12.01	Property		1	30, 40 and 60 East 9th Street			NAV	NAV	NAV	NAV
12.02	Property		1	260 West 87th Street			NAV	NAV	NAV	NAV
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	0	YM1(26),DorYM1(27),O(7)	47,511,670	19,723,321	27,788,349	12/31/2022
14	Loan	93, 94	1	1001 McKinney	0	L(24),YM1(29),O(7)	9,179,672	4,936,339	4,243,333	3/31/2023
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	0	L(27),D(26),O(7)	49,314,096	17,827,217	31,486,880	12/31/2022
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	0	L(30),YM1(25),O(5)	76,986,549	31,812,161	45,174,388	9/30/2022
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	0	L(26),D(30),O(4)	16,476,939	12,339,275	4,137,664	2/28/2023
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	0	L(24),D(31),O(5)	12,113,734	4,892,916	7,220,818	2/28/2023
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	0	L(24),YM1(29),O(7)	48,803,159	23,821,189	24,981,970	4/30/2023
20	Loan	135, 136, 137, 138	1	150 South Warner	0	L(2),YM1(22),DorYM1(29),O(7)	3,082,445	1,155,921	1,926,524	12/31/2022
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	0	L(25),DorYM1(28),O(7)	74,433,533	21,918,960	52,514,573	3/31/2023
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	5	L(26),D(30),O(4)	8,139,171	2,821,315	5,317,856	12/31/2022
23	Loan	152, 153	18	Teamshares Portfolio	0	L(24),D(29),O(7)	NAV	NAV	NAV	NAV
23.01	Property		1	West Lebanon Feed & Supply			NAV	NAV	NAV	NAV
23.02	Property		1	Karl's Country Market			NAV	NAV	NAV	NAV
23.03	Property		1	Coronado Paint & Decorating			NAV	NAV	NAV	NAV
23.04	Property		1	RPM Carpets			NAV	NAV	NAV	NAV
23.05	Property		1	AW Brown Pet & Garden			NAV	NAV	NAV	NAV
23.06	Property		1	Eric Clark Industries			NAV	NAV	NAV	NAV
23.07	Property		1	Pizza Shuttle			NAV	NAV	NAV	NAV
23.08	Property		1	Old Town Market			NAV	NAV	NAV	NAV
23.09	Property		1	A&B Wood & Design			NAV	NAV	NAV	NAV
23.10	Property		1	Don & Millie's Harrison Street			NAV	NAV	NAV	NAV
23.11	Property		1	Don & Millie's West Center			NAV	NAV	NAV	NAV
23.12	Property		1	Don & Millie's Evans Street			NAV	NAV	NAV	NAV
23.13	Property		1	Don & Millie's Q Street			NAV	NAV	NAV	NAV
23.14	Property		1	Don & Millie's Pratt Ave			NAV	NAV	NAV	NAV
23.15	Property		1	B&M Clambake			NAV	NAV	NAV	NAV
23.16	Property		1	Thielen Meats of Pierz			NAV	NAV	NAV	NAV
23.17	Property		1	Popco Service			NAV	NAV	NAV	NAV
23.18	Property		1	Ned's Pizza			NAV	NAV	NAV	NAV
24	Loan	154	1	Westin Mount Laurel	0	L(24),D(31),O(5)	13,337,598	10,529,335	2,808,263	5/31/2023
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	0	L(11),YM1(13),DorYM1(31),O(5)	1,716,835	430,809	1,286,026	3/31/2023
26	Loan	159	1	5542 Grand River	0	L(24),D(29),O(7)	1,295,512	15,108	1,280,404	2/28/2023
27	Loan	160, 161	1	Rangeview & Trails End	0	L(24),YM1(31),O(5)	1,840,217	679,897	1,160,320	4/30/2023
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	0	L(28),DorYM1(25),O(7)	97,949,617	17,988,634	79,960,983	12/31/2022
29	Loan	9, 172, 173, 174	1	Riverview Tower	0	L(24),D(33),O(3)	5,353,686	2,739,939	2,613,747	4/30/2023
30	Loan	175	1	Doubletree Laurel	0	L(26),D(29),O(5)	6,548,715	4,544,976	2,003,739	2/28/2023
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	5 (Once per trailing 12-month period)	L(25),YM1(31),O(4)	7,222,152	2,770,377	4,451,775	4/30/2023
32	Loan	180, 181	1	123 West Tryon Avenue	0	L(24),D(32),O(4)	955,985	349,098	606,887	4/30/2023
33	Loan	182	1	70 Grand Avenue	0	L(24),D(30),O(6)	1,846,058	894,029	952,029	3/31/2023
34	Loan	183, 184, 185	2	Storage Depot Portfolio	0	L(25),D(31),O(4)	979,056	257,299	721,758	3/31/2023
34.01	Property		1	Farmville Properties			638,260	163,654	474,606	3/31/2023
34.02	Property		1	21528 Prince Edward Highway			340,796	93,644	247,152	3/31/2023
35	Loan		1	Riviera Terrace	0	L(23),YM1(32),O(5)	842,009	257,783	584,226	4/30/2023
36	Loan		1	60 Warren Street	0	L(25),D(31),O(4)	590,448	131,342	459,106	3/31/2023
37	Loan		1	Cityline Carlisle Storage	0	L(26),D(30),O(4)	651,940	168,659	483,281	3/31/2023
38	Loan	186	1	400 Suydam	0	L(24),D(33),O(3)	390,764	81,958	308,806	3/31/2023

A-1-8

Benchmark 2023-V3 Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Most Recent Description

Second Most Recent EGI ($)

Second Most Recent Expenses ($)

Second Most Recent NOI ($)

Second Most Recent NOI Date

Second Most Recent Description

Third Most Recent EGI ($)

Third Most Recent Expenses ($)

Loan

9, 10, 11, 12, 13, 14, 15

12800 Culver Boulevard

NAV

Loan

16, 17, 18, 19, 20

Brasswater Warehouse Portfolio

NAV

2.01

Property

6500 East Fourteen Mile Road

NAV

2.02

Property

30450-30500 Little Mack Avenue

NAV

Loan

21, 22, 23, 24, 25, 26, 27

ExchangeRight Net Leased Portfolio #63

NAV

3.01

Property

FedEx Ground - Brookfield (Image), MO

NAV

3.02

Property

Tops Friendly Market- Niagara Falls (Niagara), NY

NAV

3.03

Property

Schnucks - Rockford (Charles), IL

NAV

3.04

Property

Tractor Supply - Waretown (Rte 9), NJ

NAV

3.05

Property

BioLife- Pearland (Kirby), TX

NAV

3.06

Property

Daybreak Market - Pace (Hwy 90), FL

NAV

3.07

Property

Dollar Tree - Moore (Eastern), OK

NAV

3.08

Property

Dollar General - Eloy (Frontier), AZ

NAV

3.09

Property

Dollar Tree - Ingleside (TX-361), TX

NAV

3.10

Property

Dollar General - Chester (Lincoln), WV

NAV

3.11

Property

Dollar General - Johnstown (Horner), PA

NAV

3.12

Property

Dollar General Plus - Ashland (Cottage), OH

NAV

3.13

Property

Dollar General - Springfield (Grand), IL

NAV

3.14

Property

Dollar General - Owensboro (KY-25), KY

NAV

3.15

Property

Dollar General - Flint (Court), MI

NAV

Loan

28, 29, 30, 31, 32

963 Atlantic Avenue

NAV

Loan

9, 33, 34, 35, 36

Gateway Center South

T-12

24,342,817

9,173,990

15,168,827

12/31/2022

T-12

24,019,377

8,748,681

Loan

9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49

Back Bay Office

T-12

98,973,331

36,251,075

62,722,256

12/31/2022

T-12

94,773,768

33,234,468

Loan

9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59

Oxmoor Center

T-12

13,543,639

5,170,292

8,373,346

12/31/2022

T-12

12,335,513

5,120,779

Loan

60, 61, 62, 63

500 Charles Ewing Boulevard

T-12

5,845,428

329,779

5,515,649

12/31/2021

T-12

5,873,153

361,222

Loan

64, 65, 66, 67, 68, 69

Mission Grove Plaza

T-12

6,032,585

1,909,314

4,123,271

12/31/2022

T-12

6,198,126

1,784,697

Loan

9, 70, 71, 72

Austin Multifamily Portfolio

T-3 Ann

10,889,433

5,399,051

5,490,382

12/31/2022

T-12

NAV

10.01

Property

Starburst Apartments

T-3 Ann

6,429,614

3,276,271

3,153,343

12/31/2022

T-12

NAV

10.02

Property

Orbit Apartments

T-3 Ann

4,459,819

2,122,780

2,337,039

12/31/2022

T-12

3,533,774

2,183,597

Loan

73, 74, 75, 76, 77, 78, 79, 80

Tru by Hilton Orlando

T-12

11,112,692

6,775,085

4,337,607

12/31/2022

T-12

6,130,015

4,629,404

Loan

9, 81, 82, 83, 84, 85, 86, 87

Select Parking NYC Portfolio

T-12

5,348,794

1,880,706

3,468,088

12/31/2022

T-12

4,608,662

1,816,111

12.01

Property

30, 40 and 60 East 9th Street

NAV

12.02

Property

260 West 87th Street

NAV

Loan

7, 9, 88, 89, 90, 91, 92

Heritage Plaza

T-12

41,405,549

22,550,623

18,854,926

12/31/2021

T-12

46,993,596

19,123,848

Loan

93, 94

1001 McKinney

T-12

9,439,549

4,958,977

4,480,571

12/31/2022

T-12

8,610,762

4,847,635

Loan

9, 95, 96, 97, 98, 99, 100, 101, 102, 103

Harborside 2-3

T-12

47,450,874

18,047,218

29,403,655

12/31/2021

T-12

44,617,062

18,489,525

Loan

9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117

Green Acres

T-12

76,903,875

30,285,085

46,618,790

12/31/2021

T-12

69,008,722

28,007,136

Loan

118, 119, 120, 121, 122

Hyatt Arcade Cleveland

T-12

16,682,265

12,454,743

4,227,522

12/31/2022

T-12

13,296,084

10,888,985

Loan

9, 123, 124, 125, 126, 127

The Widener Building

T-12

11,229,984

4,793,343

6,436,640

12/31/2022

T-12

11,160,618

4,901,040

Loan

9, 128, 129, 130, 131, 132, 133, 134

One & Two Commerce Square

T-12

50,751,623

26,352,623

24,399,000

12/31/2022

T-12

48,746,255

26,530,878

Loan

135, 136, 137, 138

150 South Warner

T-12

3,448,560

1,143,322

2,305,237

12/31/2021

T-12

3,527,570

1,034,833

Loan

9, 139, 140, 141, 142, 143, 144

Miracle Mile

T-12

77,267,235

21,869,987

55,397,248

12/31/2022

T-12

64,758,060

20,726,977

Loan

9, 145, 146, 147, 148, 149, 150, 151

Queens Crossing

T-12

7,311,626

2,676,822

4,634,804

12/31/2021

T-12

7,083,087

2,789,296

Loan

152, 153

Teamshares Portfolio

NAV

23.01

Property

West Lebanon Feed & Supply

NAV

23.02

Property

Karl's Country Market

NAV

23.03

Property

Coronado Paint & Decorating

NAV

23.04

Property

RPM Carpets

NAV

23.05

Property

AW Brown Pet & Garden

NAV

23.06

Property

Eric Clark Industries

NAV

23.07

Property

Pizza Shuttle

NAV

23.08

Property

Old Town Market

NAV

23.09

Property

A&B Wood & Design

NAV

23.10

Property

Don & Millie's Harrison Street

NAV

23.11

Property

Don & Millie's West Center

NAV

23.12

Property

Don & Millie's Evans Street

NAV

23.13

Property

Don & Millie's Q Street

NAV

23.14

Property

Don & Millie's Pratt Ave

NAV

23.15

Property

B&M Clambake

NAV

23.16

Property

Thielen Meats of Pierz

NAV

23.17

Property

Popco Service

NAV

23.18

Property

Ned's Pizza

NAV

Loan

154

Westin Mount Laurel

T-12

12,017,941

9,620,912

2,397,029

12/31/2022

T-12

8,479,762

6,743,985

Loan

155, 156, 157, 158

Southern Mill Shopping Center

T-12

1,663,058

420,810

1,242,247

12/31/2022

T-12

1,465,716

381,708

Loan

159

5542 Grand River

T-12

1,290,137

14,593

1,275,543

12/31/2022

T-12

NAV

Loan

160, 161

Rangeview & Trails End

T-12

1,765,946

838,804

927,142

12/31/2022

T-12

1,695,534

848,641

Loan

9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171

Scottsdale Fashion Square

T-12

85,107,087

17,534,916

67,572,171

12/31/2021

T-12

73,178,391

17,139,268

Loan

9, 172, 173, 174

Riverview Tower

T-12

5,122,981

2,689,879

2,433,102

12/31/2022

T-12

4,742,263

2,474,785

Loan

175

Doubletree Laurel

T-12

6,501,263

4,554,693

1,946,570

12/31/2022

T-12

4,533,474

3,335,482

Loan

9, 176, 177, 178, 179

Platinum Tower

T-12

6,978,331

2,842,710

4,135,622

12/31/2022

T-12

6,798,108

3,218,057

Loan

180, 181

123 West Tryon Avenue

T-12

826,891

350,506

476,385

12/31/2022

T-12

NAV

Loan

182

70 Grand Avenue

T-12

1,818,453

843,604

974,849

12/31/2022

T-12

1,765,050

828,784

Loan

183, 184, 185

Storage Depot Portfolio

T-12

946,371

248,891

697,480

12/31/2022

T-12

705,993

250,344

34.01

Property

Farmville Properties

T-12

618,648

158,418

460,230

12/31/2022

T-12

441,530

145,739

34.02

Property

21528 Prince Edward Highway

T-12

327,723

90,473

237,249

12/31/2022

T-12

264,463

104,604

Loan

Riviera Terrace

T-12

780,080

376,907

403,173

12/31/2022

T-12

738,301

290,672

Loan

60 Warren Street

T-12

566,933

141,375

425,558

12/31/2022

T-12

345,884

81,914

Loan

Cityline Carlisle Storage

T-12

656,128

164,904

491,225

12/31/2022

T-12

584,278

155,677

Loan

186

400 Suydam

T-7 Ann

NAV

A-1-9

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Third Most Recent NOI ($)	Third Most Recent NOI Date	Third Most Recent Description	Underwritten Economic Occupancy (%)	Underwritten EGI ($)	Underwritten Expenses ($)	Underwritten Net Operating Income ($)	Underwritten Replacement / FF&E Reserve ($)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAV	NAV	NAV	95.0%	13,492,252	134,923	13,357,329	29,600
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	NAV	NAV	NAV	95.0%	10,315,965	3,667,834	6,648,131	134,198
2.01	Property		1	6500 East Fourteen Mile Road	NAV	NAV	NAV	94.8%	9,629,283	3,472,332	6,156,952	121,296
2.02	Property		1	30450-30500 Little Mack Avenue	NAV	NAV	NAV	99.0%	686,682	195,502	491,179	12,902
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	NAV	NAV	NAV	95.0%	6,840,114	647,726	6,192,389	46,865
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	NAV	NAV	NAV	95.0%	2,242,772	276,774	1,965,998	19,287
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	NAV	NAV	NAV	95.0%	1,383,524	51,366	1,332,157	0
3.03	Property		1	Schnucks - Rockford (Charles), IL	NAV	NAV	NAV	95.0%	648,296	43,145	605,150	16,285
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	NAV	NAV	NAV	95.0%	294,617	10,577	284,040	3,008
3.05	Property		1	BioLife- Pearland (Kirby), TX	NAV	NAV	NAV	95.0%	627,645	20,236	607,409	0
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	NAV	NAV	NAV	95.0%	584,244	28,138	556,106	0
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	NAV	NAV	NAV	95.0%	151,513	34,033	117,480	1,518
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	NAV	NAV	NAV	95.0%	131,783	23,692	108,091	0
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	NAV	NAV	NAV	95.0%	135,717	21,931	113,786	1,500
3.10	Property		1	Dollar General - Chester (Lincoln), WV	NAV	NAV	NAV	95.0%	121,162	25,550	95,612	1,583
3.11	Property		1	Dollar General - Johnstown (Horner), PA	NAV	NAV	NAV	95.0%	107,837	21,854	85,983	0
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	NAV	NAV	NAV	95.0%	115,435	32,204	83,230	0
3.13	Property		1	Dollar General - Springfield (Grand), IL	NAV	NAV	NAV	95.0%	102,028	20,458	81,569	2,056
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	NAV	NAV	NAV	95.0%	93,683	17,095	76,588	0
3.15	Property		1	Dollar General - Flint (Court), MI	NAV	NAV	NAV	95.0%	99,860	20,671	79,189	1,627
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAV	NAV	NAV	96.5%	5,195,011	579,342	4,615,669	31,758
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	15,270,696	12/31/2021	T-12	93.5%	24,271,069	10,532,015	13,739,054	35,503
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	61,539,300	12/31/2021	T-12	93.6%	115,015,445	37,554,805	77,460,640	256,734
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	7,214,734	12/31/2021	T-12	91.5%	17,679,768	5,692,700	11,987,068	99,696
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	5,511,931	12/31/2020	T-12	97.5%	6,025,553	364,143	5,661,411	50,017
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	4,413,428	12/31/2021	T-12	88.2%	6,334,294	1,857,525	4,476,770	47,625
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	NAV	NAV	NAV	95.0%	15,971,152	5,778,518	10,192,634	210,000
10.01	Property		1	Starburst Apartments	NAV	NAV	NAV	95.0%	9,254,352	3,488,215	5,766,137	126,000
10.02	Property		1	Orbit Apartments	1,350,177	12/31/2021	T-12	95.0%	6,716,800	2,290,303	4,426,498	84,000
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	1,500,611	12/31/2021	T-12	83.3%	12,552,309	7,115,422	5,436,887	502,092
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	2,792,551	12/31/2021	T-12	95.0%	5,877,780	1,075,886	4,801,893	27,500
12.01	Property		1	30, 40 and 60 East 9th Street	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
12.02	Property		1	260 West 87th Street	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	27,869,748	12/31/2020	T-12	69.1%	43,938,879	22,147,467	21,791,413	364,421
14	Loan	93, 94	1	1001 McKinney	3,763,127	12/31/2021	T-12	71.5%	10,160,930	4,938,566	5,222,364	75,088
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	26,127,537	12/31/2020	T-12	74.5%	51,753,039	18,582,167	33,170,872	319,806
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	41,001,586	12/31/2020	T-12	96.2%	83,514,884	35,580,356	47,934,528	455,855
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	2,407,099	12/31/2021	T-12	61.2%	16,476,939	12,330,212	4,146,726	659,078
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	6,259,578	12/31/2021	T-12	90.0%	11,709,220	4,962,168	6,747,051	88,339
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	22,215,377	12/31/2021	T-12	76.6%	55,090,239	25,392,147	29,698,092	474,036
20	Loan	135, 136, 137, 138	1	150 South Warner	2,492,737	12/31/2020	T-12	83.6%	3,977,279	1,341,325	2,635,954	71,414
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	44,031,083	12/31/2021	T-12	85.8%	82,245,355	22,585,949	59,659,406	100,697
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	4,293,791	12/31/2020	T-12	96.0%	9,555,376	3,630,353	5,925,023	26,948
23	Loan	152, 153	18	Teamshares Portfolio	NAV	NAV	NAV	95.0%	2,695,945	53,919	2,642,026	39,093
23.01	Property		1	West Lebanon Feed & Supply	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.02	Property		1	Karl's Country Market	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.03	Property		1	Coronado Paint & Decorating	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.04	Property		1	RPM Carpets	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.05	Property		1	AW Brown Pet & Garden	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.06	Property		1	Eric Clark Industries	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.07	Property		1	Pizza Shuttle	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.08	Property		1	Old Town Market	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.09	Property		1	A&B Wood & Design	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.10	Property		1	Don & Millie's Harrison Street	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.11	Property		1	Don & Millie's West Center	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.12	Property		1	Don & Millie's Evans Street	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.13	Property		1	Don & Millie's Q Street	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.14	Property		1	Don & Millie's Pratt Ave	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.15	Property		1	B&M Clambake	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.16	Property		1	Thielen Meats of Pierz	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.17	Property		1	Popco Service	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.18	Property		1	Ned's Pizza	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
24	Loan	154	1	Westin Mount Laurel	1,735,777	12/31/2021	T-12	77.8%	13,337,598	10,468,011	2,869,587	533,504
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	1,084,008	12/31/2021	T-12	95.0%	1,985,462	397,875	1,587,587	18,213
26	Loan	159	1	5542 Grand River	NAV	NAV	NAV	95.0%	1,836,268	323,778	1,512,490	30,250
27	Loan	160, 161	1	Rangeview & Trails End	846,894	12/31/2021	T-12	87.6%	2,032,049	783,619	1,248,430	17,178
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	56,039,123	12/31/2020	T-12	95.0%	105,121,522	18,973,779	86,147,743	327,531
29	Loan	9, 172, 173, 174	1	Riverview Tower	2,267,479	12/31/2021	T-12	94.0%	6,292,560	2,825,578	3,466,981	56,814
30	Loan	175	1	Doubletree Laurel	1,197,992	12/31/2021	T-12	59.6%	6,548,715	4,584,818	1,963,897	261,949
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	3,580,051	12/31/2021	T-12	74.9%	6,934,711	2,872,489	4,062,222	62,518
32	Loan	180, 181	1	123 West Tryon Avenue	NAV	NAV	NAV	95.0%	1,182,715	324,510	858,204	3,253
33	Loan	182	1	70 Grand Avenue	936,266	12/31/2021	T-12	95.0%	1,910,508	865,862	1,044,645	14,000
34	Loan	183, 184, 185	2	Storage Depot Portfolio	455,649	12/31/2021	T-12	90.8%	979,350	243,979	735,372	7,878
34.01	Property		1	Farmville Properties	295,791	12/31/2021	T-12	88.5%	635,792	156,307	479,485	4,573
34.02	Property		1	21528 Prince Edward Highway	159,859	12/31/2021	T-12	94.9%	343,558	87,671	255,887	3,305
35	Loan		1	Riviera Terrace	447,629	12/31/2021	T-12	95.0%	951,499	378,208	573,291	7,250
36	Loan		1	60 Warren Street	263,971	12/31/2021	T-12	95.0%	605,123	116,361	488,762	967
37	Loan		1	Cityline Carlisle Storage	428,602	12/31/2021	T-12	90.7%	651,940	170,234	481,706	6,834
38	Loan	186	1	400 Suydam	NAV	NAV	NAV	95.0%	398,601	81,621	316,980	1,890

A-1-10

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Underwritten TI / LC ($)	Underwritten Net Cash Flow ($)	Underwritten NOI DSCR (x)	Underwritten NCF DSCR (x)	Underwritten NOI Debt Yield (%)	Underwritten NCF Debt Yield (%)	Appraised Value ($)
							4	4
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	0	13,327,729	2.38	2.37	15.8%	15.7%	215,000,000
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	175,925	6,338,007	1.38	1.32	10.1%	9.7%	111,700,000
2.01	Property		1	6500 East Fourteen Mile Road	156,472	5,879,184					104,000,000
2.02	Property		1	30450-30500 Little Mack Avenue	19,454	458,824					7,700,000
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	100,202	6,045,322	2.12	2.07	12.2%	11.9%	110,180,000
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	63,673	1,883,038					36,500,000
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	0	1,332,157					24,100,000
3.03	Property		1	Schnucks - Rockford (Charles), IL	31,941	556,924					9,560,000
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	0	281,032					5,100,000
3.05	Property		1	BioLife- Pearland (Kirby), TX	0	607,409					10,600,000
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	0	556,106					9,900,000
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	0	115,962					2,080,000
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	0	108,091					1,870,000
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	0	112,286					1,870,000
3.10	Property		1	Dollar General - Chester (Lincoln), WV	0	94,029					1,700,000
3.11	Property		1	Dollar General - Johnstown (Horner), PA	0	85,983					1,500,000
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	0	83,230					1,400,000
3.13	Property		1	Dollar General - Springfield (Grand), IL	0	79,513					1,380,000
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	0	76,588					1,320,000
3.15	Property		1	Dollar General - Flint (Court), MI	4,588	72,974					1,300,000
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	5,050	4,578,861	1.30	1.29	9.2%	9.1%	86,000,000
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	0	13,703,551	1.21	1.21	8.5%	8.4%	271,100,000
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	0	77,203,906	2.55	2.55	16.3%	16.3%	1,410,000,000
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	747,722	11,139,650	1.62	1.50	13.3%	12.4%	153,000,000
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	0	5,611,394	1.58	1.57	13.3%	13.1%	71,200,000
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	211,618	4,217,527	1.74	1.64	12.1%	11.4%	89,600,000
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	0	9,982,634	1.24	1.21	9.3%	9.1%	187,000,000
10.01	Property		1	Starburst Apartments	0	5,640,137					113,000,000
10.02	Property		1	Orbit Apartments	0	4,342,498					74,000,000
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	0	4,934,794	1.85	1.68	15.9%	14.4%	60,600,000
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	0	4,774,393	1.36	1.35	10.9%	10.9%	72,100,000
12.01	Property		1	30, 40 and 60 East 9th Street	NAV	NAV					46,500,000
12.02	Property		1	260 West 87th Street	NAV	NAV					25,600,000
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	871,468	20,555,523	1.64	1.54	12.7%	12.0%	521,800,000
14	Loan	93, 94	1	1001 McKinney	464,545	4,682,730	2.15	1.93	16.7%	15.0%	64,600,000
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	1,387,420	31,463,647	2.49	2.36	14.7%	14.0%	396,000,000
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	1,113,906	46,364,767	2.17	2.10	13.0%	12.5%	679,000,000
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	0	3,487,649	2.05	1.72	16.6%	14.0%	50,000,000
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	220,848	6,437,864	1.73	1.65	13.5%	12.9%	92,700,000
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	2,844,215	26,379,842	1.71	1.52	13.5%	12.0%	428,000,000
20	Loan	135, 136, 137, 138	1	150 South Warner	0	2,564,540	1.51	1.47	12.9%	12.5%	32,700,000
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	644,411	58,914,298	1.98	1.96	14.0%	13.9%	1,100,000,000
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	90,246	5,807,829	1.36	1.33	10.4%	10.2%	100,000,000
23	Loan	152, 153	18	Teamshares Portfolio	97,734	2,505,199	1.76	1.67	14.9%	14.2%	29,020,000
23.01	Property		1	West Lebanon Feed & Supply	NAV	NAV					3,240,000
23.02	Property		1	Karl's Country Market	NAV	NAV					2,810,000
23.03	Property		1	Coronado Paint & Decorating	NAV	NAV					2,700,000
23.04	Property		1	RPM Carpets	NAV	NAV					2,490,000
23.05	Property		1	AW Brown Pet & Garden	NAV	NAV					2,160,000
23.06	Property		1	Eric Clark Industries	NAV	NAV					1,950,000
23.07	Property		1	Pizza Shuttle	NAV	NAV					1,560,000
23.08	Property		1	Old Town Market	NAV	NAV					1,510,000
23.09	Property		1	A&B Wood & Design	NAV	NAV					1,430,000
23.10	Property		1	Don & Millie's Harrison Street	NAV	NAV					1,390,000
23.11	Property		1	Don & Millie's West Center	NAV	NAV					1,370,000
23.12	Property		1	Don & Millie's Evans Street	NAV	NAV					1,360,000
23.13	Property		1	Don & Millie's Q Street	NAV	NAV					1,180,000
23.14	Property		1	Don & Millie's Pratt Ave	NAV	NAV					1,120,000
23.15	Property		1	B&M Clambake	NAV	NAV					1,080,000
23.16	Property		1	Thielen Meats of Pierz	NAV	NAV					780,000
23.17	Property		1	Popco Service	NAV	NAV					490,000
23.18	Property		1	Ned's Pizza	NAV	NAV					400,000
24	Loan	154	1	Westin Mount Laurel	0	2,336,084	2.05	1.67	16.4%	13.3%	29,500,000
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	68,300	1,501,074	1.59	1.50	11.3%	10.7%	22,400,000
26	Loan	159	1	5542 Grand River	55,088	1,427,152	1.54	1.45	11.6%	11.0%	20,500,000
27	Loan	160, 161	1	Rangeview & Trails End	0	1,231,253	1.65	1.63	11.2%	11.1%	17,100,000
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	1,009,838	84,810,375	1.95	1.92	12.3%	12.1%	1,825,000,000
29	Loan	9, 172, 173, 174	1	Riverview Tower	0	3,410,168	1.43	1.40	12.6%	12.4%	40,200,000
30	Loan	175	1	Doubletree Laurel	0	1,701,948	2.64	2.28	19.6%	17.0%	28,500,000
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	129,938	3,869,766	1.87	1.78	16.9%	16.1%	48,900,000
32	Loan	180, 181	1	123 West Tryon Avenue	0	854,951	1.32	1.31	10.0%	9.9%	13,500,000
33	Loan	182	1	70 Grand Avenue	84,272	946,373	1.57	1.42	13.6%	12.3%	13,100,000
34	Loan	183, 184, 185	2	Storage Depot Portfolio	0	727,494	2.17	2.14	12.7%	12.6%	10,500,000
34.01	Property		1	Farmville Properties	0	474,912					6,700,000
34.02	Property		1	21528 Prince Edward Highway	0	252,582					3,800,000
35	Loan		1	Riviera Terrace	0	566,041	1.56	1.54	10.8%	10.6%	8,500,000
36	Loan		1	60 Warren Street	6,449	481,346	1.33	1.31	9.8%	9.6%	9,800,000
37	Loan		1	Cityline Carlisle Storage	0	474,872	1.37	1.35	10.9%	10.8%	6,350,000
38	Loan	186	1	400 Suydam	0	315,090	1.52	1.51	11.1%	11.1%	5,400,000

A-1-11

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Appraised Value Type	Appraisal Date	Cut-off Date LTV Ratio (%)	LTV Ratio at Maturity / ARD (%)	Leased Occupancy (%)	Occupancy Date	Single Tenant (Y/N)
									5
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	As Is	5/12/2023	39.4%	39.4%	100.0%	7/6/2023	Yes
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	As Is	4/21/2023	58.6%	58.6%	95.3%
2.01	Property		1	6500 East Fourteen Mile Road	As Is	4/21/2023			94.7%	6/1/2023	No
2.02	Property		1	30450-30500 Little Mack Avenue	As Is	4/21/2023			100.0%	7/6/2023	Yes
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	Various	Various	46.0%	46.0%	100.0%
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	As Is	3/7/2023			100.0%	7/1/2023	Yes
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	As Is	4/17/2023			100.0%	7/1/2023	Yes
3.03	Property		1	Schnucks - Rockford (Charles), IL	As Is	4/19/2023			100.0%	7/1/2023	Yes
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	As Is	4/15/2023			100.0%	7/1/2023	Yes
3.05	Property		1	BioLife- Pearland (Kirby), TX	As Is	4/6/2023			100.0%	7/1/2023	Yes
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	As Is	4/11/2023			100.0%	7/1/2023	Yes
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	At Lease Commencement	6/22/2023			100.0%	7/1/2023	Yes
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	As Is	4/20/2023			100.0%	7/1/2023	Yes
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	As Is	4/7/2023			100.0%	7/1/2023	Yes
3.10	Property		1	Dollar General - Chester (Lincoln), WV	As Is	4/20/2023			100.0%	7/1/2023	Yes
3.11	Property		1	Dollar General - Johnstown (Horner), PA	As Is	4/19/2023			100.0%	7/1/2023	Yes
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	As Is	4/13/2023			100.0%	7/1/2023	Yes
3.13	Property		1	Dollar General - Springfield (Grand), IL	As Is	4/24/2023			100.0%	7/1/2023	Yes
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	As Is	4/12/2023			100.0%	7/1/2023	Yes
3.15	Property		1	Dollar General - Flint (Court), MI	As Is	4/5/2023			100.0%	7/1/2023	Yes
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	As Is	2/13/2023	58.6%	58.6%	100.0%	5/31/2023	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	As Is	3/11/2023	59.9%	59.9%	89.4%	5/5/2023	No
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	As Is (Extraordinary Assumption)	10/19/2022	33.7%	33.7%	95.8%	4/30/2023	No
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	As Is	4/4/2023	58.8%	58.8%	94.1%	3/31/2023	No
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	As Is	5/3/2023	60.0%	60.0%	100.0%	7/1/2023	Yes
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	As Is	3/20/2023	41.3%	41.3%	83.8%	5/31/2023	No
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	As Is	3/27/2023	58.8%	58.8%	96.0%
10.01	Property		1	Starburst Apartments	As Is	3/27/2023			95.2%	3/17/2023	NAP
10.02	Property		1	Orbit Apartments	As Is	3/27/2023			97.0%	3/17/2023	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	As Is	3/28/2023	56.5%	56.5%	83.3%	3/31/2023	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	As Is	4/25/2023	61.0%	61.0%	100.0%
12.01	Property		1	30, 40 and 60 East 9th Street	As Is	4/25/2023			100.0%	7/6/2023	Yes
12.02	Property		1	260 West 87th Street	As Is	4/25/2023			100.0%	7/6/2023	Yes
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	As Is	2/1/2023	33.0%	33.0%	70.1%	2/28/2023	No
14	Loan	93, 94	1	1001 McKinney	As Is	4/12/2023	48.3%	48.3%	71.0%	4/1/2023	No
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	As Is	2/7/2023	56.8%	56.8%	75.1%	3/22/2023	No
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	As Is	10/30/2022	54.5%	54.5%	97.7%	12/12/2022	No
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	As Is	1/5/2023	50.0%	50.0%	61.2%	2/28/2023	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	As Is	3/30/2023	53.9%	53.9%	93.2%	6/7/2023	No
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	As Is	3/30/2023	51.4%	51.4%	76.4%	5/17/2023	No
20	Loan	135, 136, 137, 138	1	150 South Warner	As Is	2/24/2023	62.6%	59.8%	83.6%	12/31/2022	No
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	As Is	3/28/2023	38.6%	38.6%	85.3%	2/28/2023	No
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	As Is	4/11/2023	57.1%	57.1%	98.8%	5/1/2023	No
23	Loan	152, 153	18	Teamshares Portfolio	As Is	Various	61.0%	59.4%	100.0%
23.01	Property		1	West Lebanon Feed & Supply	As Is	4/11/2023			100.0%	7/6/2023	Yes
23.02	Property		1	Karl's Country Market	As Is	4/12/2023			100.0%	7/6/2023	Yes
23.03	Property		1	Coronado Paint & Decorating	As Is	4/14/2023			100.0%	7/6/2023	Yes
23.04	Property		1	RPM Carpets	As Is	4/12/2023			100.0%	7/6/2023	Yes
23.05	Property		1	AW Brown Pet & Garden	As Is	4/11/2023			100.0%	7/6/2023	Yes
23.06	Property		1	Eric Clark Industries	As Is	4/11/2023			100.0%	7/6/2023	Yes
23.07	Property		1	Pizza Shuttle	As Is	4/12/2023			100.0%	7/6/2023	Yes
23.08	Property		1	Old Town Market	As Is	4/13/2023			100.0%	7/6/2023	Yes
23.09	Property		1	A&B Wood & Design	As Is	4/11/2023			100.0%	7/6/2023	Yes
23.10	Property		1	Don & Millie's Harrison Street	As Is	5/24/2023			100.0%	7/6/2023	Yes
23.11	Property		1	Don & Millie's West Center	As Is	5/24/2023			100.0%	7/6/2023	Yes
23.12	Property		1	Don & Millie's Evans Street	As Is	5/24/2023			100.0%	7/6/2023	Yes
23.13	Property		1	Don & Millie's Q Street	As Is	5/24/2023			100.0%	7/6/2023	Yes
23.14	Property		1	Don & Millie's Pratt Ave	As Is	5/24/2023			100.0%	7/6/2023	Yes
23.15	Property		1	B&M Clambake	As Is	4/12/2023			100.0%	7/6/2023	Yes
23.16	Property		1	Thielen Meats of Pierz	As Is	4/21/2023			100.0%	7/6/2023	Yes
23.17	Property		1	Popco Service	As Is	4/11/2023			100.0%	7/6/2023	Yes
23.18	Property		1	Ned's Pizza	As Is	4/12/2023			100.0%	7/6/2023	Yes
24	Loan	154	1	Westin Mount Laurel	As Is	6/1/2023	59.3%	59.3%	77.8%	5/31/2023	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	As Is	5/11/2023	62.5%	62.5%	98.7%	5/1/2023	No
26	Loan	159	1	5542 Grand River	As Is	3/29/2023	63.4%	63.4%	100.0%	7/6/2023	Yes
27	Loan	160, 161	1	Rangeview & Trails End	As Is	1/3/2023	65.0%	65.0%	91.7%	4/1/2023	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	As Is	1/4/2023	38.4%	38.4%	96.0%	12/2/2022	No
29	Loan	9, 172, 173, 174	1	Riverview Tower	Prospective Value Upon Completion	8/1/2023	68.7%	65.8%	94.3%	4/30/2023	No
30	Loan	175	1	Doubletree Laurel	As Is	3/24/2023	35.1%	35.1%	59.6%	2/28/2023	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	As Is	3/28/2023	49.0%	47.2%	74.6%	5/17/2023	No
32	Loan	180, 181	1	123 West Tryon Avenue	As Is	5/19/2023	63.7%	63.7%	96.5%	5/19/2023	NAP
33	Loan	182	1	70 Grand Avenue	Prospective As Stabilized	12/31/2023	58.5%	56.0%	92.5%	4/1/2023	No
34	Loan	183, 184, 185	2	Storage Depot Portfolio	As Is	4/9/2023	54.9%	54.9%	88.8%
34.01	Property		1	Farmville Properties	As Is	4/9/2023			86.1%	3/31/2023	NAP
34.02	Property		1	21528 Prince Edward Highway	As Is	4/9/2023			93.9%	6/5/2023	NAP
35	Loan		1	Riviera Terrace	As Is	1/3/2023	62.7%	62.7%	96.6%	4/1/2023	NAP
36	Loan		1	60 Warren Street	As Is	4/4/2023	51.0%	51.0%	100.0%	4/1/2023	No
37	Loan		1	Cityline Carlisle Storage	As Is	3/7/2023	69.3%	67.6%	87.6%	3/31/2023	NAP
38	Loan	186	1	400 Suydam	As Is	5/5/2023	52.8%	52.8%	100.0%	5/9/2023	NAP

A-1-12

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Largest Tenant	Largest Tenant SF	Largest Tenant % of NRA	Largest Tenant Lease Expiration Date	Second Largest Tenant	Second Largest Tenant SF
								6
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	DIRECTV, LLC	296,000	100.0%	3/31/2038	NAP	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio
2.01	Property		1	6500 East Fourteen Mile Road	Gardner White Furniture	275,800	27.3%	5/18/2032	Samsung	274,000
2.02	Property		1	30450-30500 Little Mack Avenue	Blue Bell Mattress Company	129,021	100.0%	2/28/2037	NAP	NAP
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	FedEx Ground	192,874	100.0%	10/14/2032	NAP	NAP
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	Tops Friendly Market	101,330	100.0%	11/30/2039	NAP	NAP
3.03	Property		1	Schnucks - Rockford (Charles), IL	Schnucks	82,340	100.0%	7/31/2030	NAP	NAP
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	Tractor Supply	19,097	100.0%	6/30/2033	NAP	NAP
3.05	Property		1	BioLife- Pearland (Kirby), TX	BioLife Plasma Services L.P.	13,905	100.0%	3/31/2038	NAP	NAP
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	Daybreak Market	14,392	100.0%	4/30/2043	NAP	NAP
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	Dollar Tree	10,120	100.0%	6/30/2033	NAP	NAP
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	Dollar General	9,002	100.0%	7/31/2032	NAP	NAP
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	Dollar Tree	10,000	100.0%	12/31/2032	NAP	NAP
3.10	Property		1	Dollar General - Chester (Lincoln), WV	Dollar General	10,556	100.0%	2/28/2037	NAP	NAP
3.11	Property		1	Dollar General - Johnstown (Horner), PA	Dollar General	9,026	100.0%	1/31/2038	NAP	NAP
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	Dollar General Plus	10,566	100.0%	10/31/2037	NAP	NAP
3.13	Property		1	Dollar General - Springfield (Grand), IL	Dollar General	13,709	100.0%	9/30/2029	NAP	NAP
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	Dollar General	9,026	100.0%	7/31/2032	NAP	NAP
3.15	Property		1	Dollar General - Flint (Court), MI	Dollar General	8,134	100.0%	1/31/2030	NAP	NAP
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	BJ's Wholesale Club	128,995	36.3%	9/20/2027	Dave & Buster's	37,060
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	Wayfair	356,312	27.8%	12/31/2031	DraftKings Inc.	125,104
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Macy's	278,341	30.8%	7/31/2025	Von Maur	156,000
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	Church & Dwight	250,086	100.0%	5/31/2033	NAP	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Galaxy Theaters, LLC	66,298	27.1%	5/14/2030	Stater Bros	45,654
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio
10.01	Property		1	Starburst Apartments	NAP	NAP	NAP	NAP	NAP	NAP
10.02	Property		1	Orbit Apartments	NAP	NAP	NAP	NAP	NAP	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio
12.01	Property		1	30, 40 and 60 East 9th Street	Select Parking - 30, 40, 60 East 9th Street	360	100.0%	4/30/2033	NAP	NAP
12.02	Property		1	260 West 87th Street	Select Parking - 260 W 87th Street	190	100.0%	4/30/2033	NAP	NAP
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	EOG Resources Inc.	376,333	32.5%	3/31/2035	Deloitte LLP	205,125
14	Loan	93, 94	1	1001 McKinney	SBSB Law, P.L.L.C.	79,204	21.1%	12/31/2033	McGlinchey Stafford, PLLC	20,001
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	MUFG Bank Ltd.	137,076	8.6%	8/31/2029	E-Trade Financial Corporation	132,265
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	Macy's	390,503	18.8%	8/18/2026	Walmart	173,450
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP	NAP	NAP	NAP	NAP	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Philadelphia Municipal Court - Criminal Division	200,114	45.3%	12/31/2032	Chestnut Master LLC	69,420
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Price Water House Coopers LLP	138,413	7.3%	4/30/2030	Stradley, Ronon, Stevens & Young	69,111
20	Loan	135, 136, 137, 138	1	150 South Warner	Truist Bank	39,655	26.1%	8/31/2024	Clifton Larson Allen LLP	36,826
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	V Theater	38,428	7.6%	12/31/2028	Saxe Theater	22,398
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	New Mulan L.L.C.	20,096	21.1%	2/28/2027	New York Life Insurance Company	16,630
23	Loan	152, 153	18	Teamshares Portfolio
23.01	Property		1	West Lebanon Feed & Supply	West Lebanon Feed & Supply	20,092	100.0%	5/30/2038	NAP	NAP
23.02	Property		1	Karl's Country Market	Karl's Country Market	14,056	100.0%	5/30/2038	NAP	NAP
23.03	Property		1	Coronado Paint & Decorating	Coronado Paint & Decorating	24,600	100.0%	5/30/2038	NAP	NAP
23.04	Property		1	RPM Carpets	RPM Carpets	9,664	100.0%	5/30/2038	NAP	NAP
23.05	Property		1	AW Brown Pet & Garden	AW Brown Pet & Garden	28,893	100.0%	5/30/2038	NAP	NAP
23.06	Property		1	Eric Clark Industries	Eric Clark Industries	13,030	100.0%	5/30/2038	NAP	NAP
23.07	Property		1	Pizza Shuttle	Pizza Shuttle	4,094	100.0%	5/30/2038	NAP	NAP
23.08	Property		1	Old Town Market	Old Town Market	3,300	100.0%	5/30/2038	NAP	NAP
23.09	Property		1	A&B Wood & Design	A&B Wood & Design	20,350	100.0%	5/30/2038	NAP	NAP
23.10	Property		1	Don & Millie's Harrison Street	Don & Millie's Harrison Street	3,876	100.0%	5/30/2038	NAP	NAP
23.11	Property		1	Don & Millie's West Center	Don & Millie's West Center	3,934	100.0%	5/30/2038	NAP	NAP
23.12	Property		1	Don & Millie's Evans Street	Don & Millie's Evans Street	3,840	100.0%	5/30/2038	NAP	NAP
23.13	Property		1	Don & Millie's Q Street	Don & Millie's Q Street	4,096	100.0%	5/30/2038	NAP	NAP
23.14	Property		1	Don & Millie's Pratt Ave	Don & Millie's Pratt Ave	3,906	100.0%	5/30/2038	NAP	NAP
23.15	Property		1	B&M Clambake	B&M Clambake	18,865	100.0%	5/30/2038	NAP	NAP
23.16	Property		1	Thielen Meats of Pierz	Thielen Meats of Pierz	13,515	100.0%	5/30/2038	NAP	NAP
23.17	Property		1	Popco Service	Popco Service	3,556	100.0%	5/30/2038	NAP	NAP
23.18	Property		1	Ned's Pizza	Ned's Pizza	1,800	100.0%	5/30/2038	NAP	NAP
24	Loan	154	1	Westin Mount Laurel	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	L.A. Fitness International	50,610	55.6%	2/28/2031	Remy Co - PFHC 2012A, LLC	9,272
26	Loan	159	1	5542 Grand River	Phillips Feed Service Inc.	275,000	100.0%	12/31/2028	NAP	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Macy's	235,899	15.2%	1/31/2030	Nordstrom	225,000
29	Loan	9, 172, 173, 174	1	Riverview Tower	CGI Federal Inc.	39,447	11.8%	12/31/2032	Lewis Thomason PC	32,567
30	Loan	175	1	Doubletree Laurel	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Aveanna Healthcare, LLC	81,368	26.0%	12/31/2029	Hartman, Simons & Wood LLP	20,645
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan	182	1	70 Grand Avenue	Peckar & Abramson	35,000	50.0%	5/31/2030	Kajima Constr.	5,908
34	Loan	183, 184, 185	2	Storage Depot Portfolio
34.01	Property		1	Farmville Properties	NAP	NAP	NAP	NAP	NAP	NAP
34.02	Property		1	21528 Prince Edward Highway	NAP	NAP	NAP	NAP	NAP	NAP
35	Loan		1	Riviera Terrace	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	60 Warren Street	LPQ Tribeca	4,449	69.0%	6/30/2032	Lashes Tribeca	2,000
37	Loan		1	Cityline Carlisle Storage	NAP	NAP	NAP	NAP	NAP	NAP
38	Loan	186	1	400 Suydam	NAP	NAP	NAP	NAP	NAP	NAP

A-1-13

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Second Largest Tenant % of NRA	Second Largest Tenant Lease Expiration Date	Third Largest Tenant	Third Largest Tenant SF	Third Largest Tenant % of NRA	Third Largest Tenant Lease Expiration Date
						6				6
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP	NAP	NAP	NAP	NAP	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio
2.01	Property		1	6500 East Fourteen Mile Road	27.1%	5/31/2028	Dufresne Spencer Group	186,352	18.4%	9/30/2032
2.02	Property		1	30450-30500 Little Mack Avenue	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	NAP	NAP	NAP	NAP	NAP	NAP
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	NAP	NAP	NAP	NAP	NAP	NAP
3.03	Property		1	Schnucks - Rockford (Charles), IL	NAP	NAP	NAP	NAP	NAP	NAP
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	NAP	NAP	NAP	NAP	NAP	NAP
3.05	Property		1	BioLife- Pearland (Kirby), TX	NAP	NAP	NAP	NAP	NAP	NAP
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	NAP	NAP	NAP	NAP	NAP	NAP
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	NAP	NAP	NAP	NAP	NAP	NAP
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	NAP	NAP	NAP	NAP	NAP	NAP
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	NAP	NAP	NAP	NAP	NAP	NAP
3.10	Property		1	Dollar General - Chester (Lincoln), WV	NAP	NAP	NAP	NAP	NAP	NAP
3.11	Property		1	Dollar General - Johnstown (Horner), PA	NAP	NAP	NAP	NAP	NAP	NAP
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	NAP	NAP	NAP	NAP	NAP	NAP
3.13	Property		1	Dollar General - Springfield (Grand), IL	NAP	NAP	NAP	NAP	NAP	NAP
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	NAP	NAP	NAP	NAP	NAP	NAP
3.15	Property		1	Dollar General - Flint (Court), MI	NAP	NAP	NAP	NAP	NAP	NAP
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	10.4%	1/31/2036	Marshalls	35,021	9.9%	9/30/2027
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	9.7%	3/31/2029	Summit Partners	78,587	6.1%	11/30/2033
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	17.3%	8/31/2028	Topgolf	100,000	11.1%	11/30/2042
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	NAP	NAP	NAP	NAP	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	18.7%	5/31/2037	Mission Grove Car Wash	7,100	2.9%	8/16/2028
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio
10.01	Property		1	Starburst Apartments	NAP	NAP	NAP	NAP	NAP	NAP
10.02	Property		1	Orbit Apartments	NAP	NAP	NAP	NAP	NAP	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio
12.01	Property		1	30, 40 and 60 East 9th Street	NAP	NAP	NAP	NAP	NAP	NAP
12.02	Property		1	260 West 87th Street	NAP	NAP	NAP	NAP	NAP	NAP
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	17.7%	2/28/2031	Perella Weinberg Partners Group LP	63,446	5.5%	8/31/2027
14	Loan	93, 94	1	1001 McKinney	5.3%	9/30/2025	Zarvona Energy	20,001	5.3%	5/31/2025
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	8.3%	1/31/2031	Collectors Universe	130,419	8.2%	11/30/2038
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	8.3%	8/31/2028	SEARS	144,537	6.9%	10/31/2028
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP	NAP	NAP	NAP	NAP	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	15.7%	5/31/2033	First Judicial District of PA	48,600	11.0%	8/31/2032
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	3.6%	12/31/2033	Pond Lehocky Giordano Disability	66,315	3.5%	6/30/2028
20	Loan	135, 136, 137, 138	1	150 South Warner	24.2%	10/31/2033	Independence Square Holdings, LLC	7,515	4.9%	8/31/2025
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	4.4%	12/31/2028	Victoria's Secret	20,872	4.1%	1/31/2026
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	17.5%	3/31/2030	Shinsaku	15,708	16.5%	10/31/2027
23	Loan	152, 153	18	Teamshares Portfolio
23.01	Property		1	West Lebanon Feed & Supply	NAP	NAP	NAP	NAP	NAP	NAP
23.02	Property		1	Karl's Country Market	NAP	NAP	NAP	NAP	NAP	NAP
23.03	Property		1	Coronado Paint & Decorating	NAP	NAP	NAP	NAP	NAP	NAP
23.04	Property		1	RPM Carpets	NAP	NAP	NAP	NAP	NAP	NAP
23.05	Property		1	AW Brown Pet & Garden	NAP	NAP	NAP	NAP	NAP	NAP
23.06	Property		1	Eric Clark Industries	NAP	NAP	NAP	NAP	NAP	NAP
23.07	Property		1	Pizza Shuttle	NAP	NAP	NAP	NAP	NAP	NAP
23.08	Property		1	Old Town Market	NAP	NAP	NAP	NAP	NAP	NAP
23.09	Property		1	A&B Wood & Design	NAP	NAP	NAP	NAP	NAP	NAP
23.10	Property		1	Don & Millie's Harrison Street	NAP	NAP	NAP	NAP	NAP	NAP
23.11	Property		1	Don & Millie's West Center	NAP	NAP	NAP	NAP	NAP	NAP
23.12	Property		1	Don & Millie's Evans Street	NAP	NAP	NAP	NAP	NAP	NAP
23.13	Property		1	Don & Millie's Q Street	NAP	NAP	NAP	NAP	NAP	NAP
23.14	Property		1	Don & Millie's Pratt Ave	NAP	NAP	NAP	NAP	NAP	NAP
23.15	Property		1	B&M Clambake	NAP	NAP	NAP	NAP	NAP	NAP
23.16	Property		1	Thielen Meats of Pierz	NAP	NAP	NAP	NAP	NAP	NAP
23.17	Property		1	Popco Service	NAP	NAP	NAP	NAP	NAP	NAP
23.18	Property		1	Ned's Pizza	NAP	NAP	NAP	NAP	NAP	NAP
24	Loan	154	1	Westin Mount Laurel	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	10.2%	8/31/2030	Tempe Eats, LC	5,717	6.3%	5/31/2043
26	Loan	159	1	5542 Grand River	NAP	NAP	NAP	NAP	NAP	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	14.5%	2/28/2029	Neiman Marcus	100,071	6.4%	10/18/2031
29	Loan	9, 172, 173, 174	1	Riverview Tower	9.7%	6/30/2036	Truist Bank	28,235	8.4%	12/31/2028
30	Loan	175	1	Doubletree Laurel	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	6.6%	2/28/2033	Interra International, Inc	20,295	6.5%	9/30/2028
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan	182	1	70 Grand Avenue	8.4%	6/30/2026	Portney & Co.	5,422	7.7%	12/31/2023
34	Loan	183, 184, 185	2	Storage Depot Portfolio
34.01	Property		1	Farmville Properties	NAP	NAP	NAP	NAP	NAP	NAP
34.02	Property		1	21528 Prince Edward Highway	NAP	NAP	NAP	NAP	NAP	NAP
35	Loan		1	Riviera Terrace	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	60 Warren Street	31.0%	4/30/2028	NAP	NAP	NAP	NAP
37	Loan		1	Cityline Carlisle Storage	NAP	NAP	NAP	NAP	NAP	NAP
38	Loan	186	1	400 Suydam	NAP	NAP	NAP	NAP	NAP	NAP

A-1-14

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Fourth Largest Tenant	Fourth Largest Tenant SF	Fourth Largest Tenant % of NRA	Fourth Largest Tenant Lease Expiration Date	Fifth Largest Tenant	Fifth Largest Tenant SF
								6
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP	NAP	NAP	NAP	NAP	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio
2.01	Property		1	6500 East Fourteen Mile Road	Lipari Foods Operating Co	141,000	13.9%	1/31/2027	Fisher & Company Inc	80,000
2.02	Property		1	30450-30500 Little Mack Avenue	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	NAP	NAP	NAP	NAP	NAP	NAP
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	NAP	NAP	NAP	NAP	NAP	NAP
3.03	Property		1	Schnucks - Rockford (Charles), IL	NAP	NAP	NAP	NAP	NAP	NAP
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	NAP	NAP	NAP	NAP	NAP	NAP
3.05	Property		1	BioLife- Pearland (Kirby), TX	NAP	NAP	NAP	NAP	NAP	NAP
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	NAP	NAP	NAP	NAP	NAP	NAP
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	NAP	NAP	NAP	NAP	NAP	NAP
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	NAP	NAP	NAP	NAP	NAP	NAP
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	NAP	NAP	NAP	NAP	NAP	NAP
3.10	Property		1	Dollar General - Chester (Lincoln), WV	NAP	NAP	NAP	NAP	NAP	NAP
3.11	Property		1	Dollar General - Johnstown (Horner), PA	NAP	NAP	NAP	NAP	NAP	NAP
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	NAP	NAP	NAP	NAP	NAP	NAP
3.13	Property		1	Dollar General - Springfield (Grand), IL	NAP	NAP	NAP	NAP	NAP	NAP
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	NAP	NAP	NAP	NAP	NAP	NAP
3.15	Property		1	Dollar General - Flint (Court), MI	NAP	NAP	NAP	NAP	NAP	NAP
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	Best Buy	31,679	8.9%	1/31/2028	Old Navy	26,861
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	Cooley	72,165	5.6%	5/31/2032	Skadden Arps Slate Meagher	47,722
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Dick's Sporting Goods	80,000	8.8%	1/31/2027	H&M	26,894
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	NAP	NAP	NAP	NAP	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Romano's Chicago Pizzeria	6,300	2.6%	12/31/2026	Better Homes & Garden Realty	5,000
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio
10.01	Property		1	Starburst Apartments	NAP	NAP	NAP	NAP	NAP	NAP
10.02	Property		1	Orbit Apartments	NAP	NAP	NAP	NAP	NAP	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio
12.01	Property		1	30, 40 and 60 East 9th Street	NAP	NAP	NAP	NAP	NAP	NAP
12.02	Property		1	260 West 87th Street	NAP	NAP	NAP	NAP	NAP	NAP
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Lime Rock Management LP	56,984	4.9%	3/31/2024	S&P Global Inc.	28,560
14	Loan	93, 94	1	1001 McKinney	Perkins & Will	15,305	4.1%	1/31/2035	ConnectGen Management	11,397
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	Sumitomo Mitsui Banking	111,605	7.0%	12/31/2036	Arch Insurance Company	106,815
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	BJ's Wholesale Club	127,750	6.1%	1/31/2027	KOHL'S	116,392
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP	NAP	NAP	NAP	NAP	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Weir & Partners	22,482	5.1%	9/30/2027	Quality Progressions	20,708
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Wolters Kluwer Health, Inc.	65,389	3.4%	3/31/2029	Jazz Pharmaceuticals, Inc.	59,672
20	Loan	135, 136, 137, 138	1	150 South Warner	The Guardian Life Insurance Company of America	7,380	4.9%	2/28/2027	IMEG Corp	6,439
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	PH Race and Sports Book	19,647	3.9%	7/31/2045	H&M	15,182
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	GV Café	12,730	13.4%	3/31/2033	STAT Urgent Care	9,106
23	Loan	152, 153	18	Teamshares Portfolio
23.01	Property		1	West Lebanon Feed & Supply	NAP	NAP	NAP	NAP	NAP	NAP
23.02	Property		1	Karl's Country Market	NAP	NAP	NAP	NAP	NAP	NAP
23.03	Property		1	Coronado Paint & Decorating	NAP	NAP	NAP	NAP	NAP	NAP
23.04	Property		1	RPM Carpets	NAP	NAP	NAP	NAP	NAP	NAP
23.05	Property		1	AW Brown Pet & Garden	NAP	NAP	NAP	NAP	NAP	NAP
23.06	Property		1	Eric Clark Industries	NAP	NAP	NAP	NAP	NAP	NAP
23.07	Property		1	Pizza Shuttle	NAP	NAP	NAP	NAP	NAP	NAP
23.08	Property		1	Old Town Market	NAP	NAP	NAP	NAP	NAP	NAP
23.09	Property		1	A&B Wood & Design	NAP	NAP	NAP	NAP	NAP	NAP
23.10	Property		1	Don & Millie's Harrison Street	NAP	NAP	NAP	NAP	NAP	NAP
23.11	Property		1	Don & Millie's West Center	NAP	NAP	NAP	NAP	NAP	NAP
23.12	Property		1	Don & Millie's Evans Street	NAP	NAP	NAP	NAP	NAP	NAP
23.13	Property		1	Don & Millie's Q Street	NAP	NAP	NAP	NAP	NAP	NAP
23.14	Property		1	Don & Millie's Pratt Ave	NAP	NAP	NAP	NAP	NAP	NAP
23.15	Property		1	B&M Clambake	NAP	NAP	NAP	NAP	NAP	NAP
23.16	Property		1	Thielen Meats of Pierz	NAP	NAP	NAP	NAP	NAP	NAP
23.17	Property		1	Popco Service	NAP	NAP	NAP	NAP	NAP	NAP
23.18	Property		1	Ned's Pizza	NAP	NAP	NAP	NAP	NAP	NAP
24	Loan	154	1	Westin Mount Laurel	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Rocket a Go-Go	4,500	4.9%	12/31/2029	Venezia's NY Style Pizzeria, Inc.	4,462
26	Loan	159	1	5542 Grand River	NAP	NAP	NAP	NAP	NAP	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Harkins Theatres	81,177	5.2%	1/31/2031	DICK'S Sporting Goods	50,646
29	Loan	9, 172, 173, 174	1	Riverview Tower	Woolf, McClane, Bright, Allen	23,649	7.1%	6/30/2028	Egerton McAfee Armistead	19,411
30	Loan	175	1	Doubletree Laurel	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	SouthState Bank, N.A.	13,466	4.3%	2/28/2029	BVT National Capital Partners	10,164
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan	182	1	70 Grand Avenue	Excel Termite & Pest Control	4,415	6.3%	4/30/2027	Chakonis & Pollack	4,276
34	Loan	183, 184, 185	2	Storage Depot Portfolio
34.01	Property		1	Farmville Properties	NAP	NAP	NAP	NAP	NAP	NAP
34.02	Property		1	21528 Prince Edward Highway	NAP	NAP	NAP	NAP	NAP	NAP
35	Loan		1	Riviera Terrace	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	60 Warren Street	NAP	NAP	NAP	NAP	NAP	NAP
37	Loan		1	Cityline Carlisle Storage	NAP	NAP	NAP	NAP	NAP	NAP
38	Loan	186	1	400 Suydam	NAP	NAP	NAP	NAP	NAP	NAP

A-1-15

Benchmark 2023-V3 Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Fifth Largest Tenant % of NRA

Fifth Largest Tenant Lease Expiration Date

Environmental Phase I Report Date

Environmental Phase II Report Date

Engineering Report Date

Seismic Report Date

PML or SEL (%)

Flood Zone

Ownership Interest

Loan

9, 10, 11, 12, 13, 14, 15

12800 Culver Boulevard

NAP

5/24/2023

NAP

5/22/2023

10/5/2022

16%

Fee

Loan

16, 17, 18, 19, 20

Brasswater Warehouse Portfolio

2.01

Property

6500 East Fourteen Mile Road

7.9%

11/30/2026

4/25/2023

NAP

4/25/2023

NAP

Fee

2.02

Property

30450-30500 Little Mack Avenue

NAP

4/28/2023

NAP

4/28/2023

NAP

Fee

Loan

21, 22, 23, 24, 25, 26, 27

ExchangeRight Net Leased Portfolio #63

3.01

Property

FedEx Ground - Brookfield (Image), MO

NAP

3/9/2023

NAP

3/9/2023

NAP

Fee

3.02

Property

Tops Friendly Market- Niagara Falls (Niagara), NY

NAP

4/12/2023

5/11/2023

3/16/2023

NAP

Fee

3.03

Property

Schnucks - Rockford (Charles), IL

NAP

3/8/2023

NAP

3/8/2023

NAP

Yes - AE

Fee

3.04

Property

Tractor Supply - Waretown (Rte 9), NJ

NAP

4/18/2023

NAP

4/18/2023

NAP

Fee

3.05

Property

BioLife- Pearland (Kirby), TX

NAP

3/20/2023

NAP

3/20/2023

NAP

Fee

3.06

Property

Daybreak Market - Pace (Hwy 90), FL

NAP

4/26/2023

NAP

4/26/2023

NAP

Fee

3.07

Property

Dollar Tree - Moore (Eastern), OK

NAP

2/7/2023

NAP

2/7/2023

NAP

Fee

3.08

Property

Dollar General - Eloy (Frontier), AZ

NAP

4/3/2023

NAP

4/3/2023

NAP

Fee

3.09

Property

Dollar Tree - Ingleside (TX-361), TX

NAP

4/21/2023

NAP

4/21/2023

NAP

Yes - AE

Fee

3.10

Property

Dollar General - Chester (Lincoln), WV

NAP

4/4/2023

NAP

4/4/2023

NAP

Fee

3.11

Property

Dollar General - Johnstown (Horner), PA

NAP

3/6/2023

NAP

3/6/2023

NAP

Yes - AE

Fee

3.12

Property

Dollar General Plus - Ashland (Cottage), OH

NAP

3/6/2023

5/11/2023

3/6/2023

NAP

Fee

3.13

Property

Dollar General - Springfield (Grand), IL

NAP

12/19/2022

NAP

12/22/2022

NAP

Fee

3.14

Property

Dollar General - Owensboro (KY-25), KY

NAP

3/15/2023

NAP

3/15/2023

NAP

Fee

3.15

Property

Dollar General - Flint (Court), MI

NAP

12/29/2022

5/11/2023

12/22/2022

NAP

Fee

Loan

28, 29, 30, 31, 32

963 Atlantic Avenue

NAP

2/23/2023

NAP

2/23/2023

NAP

Fee

Loan

9, 33, 34, 35, 36

Gateway Center South

7.6%

1/31/2027

5/19/2023

NAP

4/18/2023

NAP

Fee

Loan

9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49

Back Bay Office

3.7%

2/28/2029

11/15/2022

NAP

10/31/2022

NAP

Fee

Loan

9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59

Oxmoor Center

3.0%

1/31/2024

4/3/2023

NAP

4/3/2023

NAP

Yes - AE

Leasehold

Loan

60, 61, 62, 63

500 Charles Ewing Boulevard

NAP

5/10/2023

NAP

5/16/2023

NAP

Fee

Loan

64, 65, 66, 67, 68, 69

Mission Grove Plaza

2.0%

2/28/2025

9/7/2022

9/16/2022

7/14/2022

7/13/2022

Fee

Loan

9, 70, 71, 72

Austin Multifamily Portfolio

10.01

Property

Starburst Apartments

NAP

3/29/2023

NAP

3/29/2023

NAP

Yes - AE

Fee

10.02

Property

Orbit Apartments

NAP

3/29/2023

NAP

3/29/2023

NAP

Fee

Loan

73, 74, 75, 76, 77, 78, 79, 80

Tru by Hilton Orlando

NAP

4/6/2023

NAP

4/6/2023

NAP

Fee

Loan

9, 81, 82, 83, 84, 85, 86, 87

Select Parking NYC Portfolio

12.01

Property

30, 40 and 60 East 9th Street

NAP

5/8/2023

NAP

5/8/2023

NAP

Fee

12.02

Property

260 West 87th Street

NAP

5/8/2023

NAP

5/8/2023

NAP

Fee

Loan

7, 9, 88, 89, 90, 91, 92

Heritage Plaza

2.5%

2/28/2029

2/9/2023

NAP

2/8/2023

NAP

Fee

Loan

93, 94

1001 McKinney

3.0%

1/31/2027

4/17/2023

NAP

4/17/2023

NAP

Fee

Loan

9, 95, 96, 97, 98, 99, 100, 101, 102, 103

Harborside 2-3

6.7%

5/31/2024

3/24/2023

NAP

3/3/2023

NAP

Yes - AE

Fee

Loan

9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117

Green Acres

5.6%

1/31/2031

12/20/2022

NAP

12/20/2022

NAP

Yes - AE

Fee / Leasehold

Loan

118, 119, 120, 121, 122

Hyatt Arcade Cleveland

NAP

1/23/2023

NAP

1/23/2023

NAP

Fee

Loan

9, 123, 124, 125, 126, 127

The Widener Building

4.7%

6/30/2024

3/28/2023

NAP

3/28/2023

NAP

Fee

Loan

9, 128, 129, 130, 131, 132, 133, 134

One & Two Commerce Square

3.1%

4/30/2029

4/6/2023

NAP

4/6/2023

NAP

Fee

Loan

135, 136, 137, 138

150 South Warner

4.2%

7/31/2030

3/7/2023

NAP

3/7/2023

NAP

Fee

Loan

9, 139, 140, 141, 142, 143, 144

Miracle Mile

3.0%

1/31/2027

4/14/2023

NAP

4/14/2023

NAP

Fee

Loan

9, 145, 146, 147, 148, 149, 150, 151

Queens Crossing

9.6%

8/31/2027

4/18/2023

NAP

4/18/2023

NAP

Fee

Loan

152, 153

Teamshares Portfolio

23.01

Property

West Lebanon Feed & Supply

NAP

12/8/2022

NAP

12/8/2022

NAP

Fee

23.02

Property

Karl's Country Market

NAP

4/26/2023

NAP

5/12/2023

NAP

Fee

23.03

Property

Coronado Paint & Decorating

NAP

4/26/2023

NAP

5/12/2023

NAP

Fee

23.04

Property

RPM Carpets

NAP

10/31/2022

NAP

10/31/2022

NAP

Fee

23.05

Property

AW Brown Pet & Garden

NAP

11/3/2022

NAP

11/3/2022

NAP

Fee

23.06

Property

Eric Clark Industries

NAP

4/26/2023

NAP

5/12/2023

NAP

Fee

23.07

Property

Pizza Shuttle

NAP

4/24/2023

NAP

5/12/2023

NAP

Fee

23.08

Property

Old Town Market

NAP

4/26/2023

NAP

5/12/2023

NAP

Fee

23.09

Property

A&B Wood & Design

NAP

4/26/2023

NAP

5/12/2023

NAP

Fee

23.10

Property

Don & Millie's Harrison Street

NAP

10/26/2022

NAP

10/26/2022

NAP

Fee

23.11

Property

Don & Millie's West Center

NAP

10/26/2022

NAP

10/26/2022

NAP

Yes - AE

Fee

23.12

Property

Don & Millie's Evans Street

NAP

10/26/2022

NAP

10/26/2022

NAP

Fee

23.13

Property

Don & Millie's Q Street

NAP

10/26/2022

NAP

10/26/2022

NAP

Fee

23.14

Property

Don & Millie's Pratt Ave

NAP

10/26/2022

NAP

10/26/2022

NAP

Fee

23.15

Property

B&M Clambake

NAP

4/26/2023

NAP

5/12/2023

NAP

Fee

23.16

Property

Thielen Meats of Pierz

NAP

12/8/2022

NAP

12/8/2022

NAP

Fee

23.17

Property

Popco Service

NAP

8/22/2022

NAP

8/22/2022

NAP

Fee

23.18

Property

Ned's Pizza

NAP

8/24/2022

NAP

5/2/2023

NAP

Fee

Loan

154

Westin Mount Laurel

NAP

6/2/2023

NAP

5/31/2023

NAP

Fee

Loan

155, 156, 157, 158

Southern Mill Shopping Center

4.9%

12/31/2029

5/12/2023

NAP

5/12/2023

NAP

Fee

Loan

159

5542 Grand River

NAP

4/13/2023

NAP

4/13/2023

NAP

Fee

Loan

160, 161

Rangeview & Trails End

NAP

1/23/2023

NAP

4/20/2023 and 1/23/2023

4/18/2023

12%, 8%

Fee

Loan

9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171

Scottsdale Fashion Square

3.3%

1/31/2026

2/13/2023

NAP

2/13/2023

NAP

Fee

Loan

9, 172, 173, 174

Riverview Tower

5.8%

4/30/2025

5/10/2023

NAP

5/10/2023

NAP

Fee

Loan

175

Doubletree Laurel

NAP

4/6/2023

NAP

4/4/2023

NAP

Fee

Loan

9, 176, 177, 178, 179

Platinum Tower

3.3%

1/31/2028

4/7/2023

NAP

4/7/2023

NAP

Fee

Loan

180, 181

123 West Tryon Avenue

NAP

5/11/2023

NAP

5/11/2023

NAP

Fee

Loan

182

70 Grand Avenue

6.1%

5/31/2025

4/17/2023

NAP

4/17/2023

NAP

Yes - AE

Fee

Loan

183, 184, 185

Storage Depot Portfolio

34.01

Property

Farmville Properties

NAP

2/10/2023

NAP

2/10/2023

NAP

Yes - AE

Fee

34.02

Property

21528 Prince Edward Highway

NAP

2/9/2023

NAP

2/10/2023

NAP

Fee

Loan

Riviera Terrace

NAP

1/23/2023

NAP

1/23/2023

5/12/2023

14%

Fee

Loan

60 Warren Street

NAP

4/14/2023

NAP

4/14/2023

NAP

Fee

Loan

Cityline Carlisle Storage

NAP

4/10/2023

NAP

4/4/2023

NAP

Fee

Loan

186

400 Suydam

NAP

5/18/2023

NAP

5/18/2023

NAP

Fee

A-1-16

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Ground Lease Expiration Date	Ground Lease Extension Terms	Annual Ground Lease Payment as of the Cut-off Date ($)	Annual Ground Rent Increases (Y/N)	Upfront RE Tax Reserve ($)	Monthly RE Tax Reserve ($)	Upfront Insurance Reserve ($)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP	NAP	NAP	NAP	0	Springing	0
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio					1,579,968	143,633	610,700
2.01	Property		1	6500 East Fourteen Mile Road	NAP	NAP	NAP	NAP
2.02	Property		1	30450-30500 Little Mack Avenue	NAP	NAP	NAP	NAP
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63					137,691	19,670	2,625
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	NAP	NAP	NAP	NAP
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	NAP	NAP	NAP	NAP
3.03	Property		1	Schnucks - Rockford (Charles), IL	NAP	NAP	NAP	NAP
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	NAP	NAP	NAP	NAP
3.05	Property		1	BioLife- Pearland (Kirby), TX	NAP	NAP	NAP	NAP
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	NAP	NAP	NAP	NAP
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	NAP	NAP	NAP	NAP
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	NAP	NAP	NAP	NAP
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	NAP	NAP	NAP	NAP
3.10	Property		1	Dollar General - Chester (Lincoln), WV	NAP	NAP	NAP	NAP
3.11	Property		1	Dollar General - Johnstown (Horner), PA	NAP	NAP	NAP	NAP
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	NAP	NAP	NAP	NAP
3.13	Property		1	Dollar General - Springfield (Grand), IL	NAP	NAP	NAP	NAP
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	NAP	NAP	NAP	NAP
3.15	Property		1	Dollar General - Flint (Court), MI	NAP	NAP	NAP	NAP
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP	NAP	NAP	27,230	4,538	14,129
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP	NAP	NAP	NAP	0	436,789	0
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	NAP	NAP	NAP	NAP	0	Springing	0
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	9/30/2057	2, 20-year extension options	1,209,920	Yes	0	Springing	0
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	NAP	NAP	NAP	0	Springing	0
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP	NAP	NAP	NAP	135,284	45,095	0
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio					832,492	166,498	0
10.01	Property		1	Starburst Apartments	NAP	NAP	NAP	NAP
10.02	Property		1	Orbit Apartments	NAP	NAP	NAP	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	NAP	NAP	NAP	271,503	30,167	249,393
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio					0	Springing	0
12.01	Property		1	30, 40 and 60 East 9th Street	NAP	NAP	NAP	NAP
12.02	Property		1	260 West 87th Street	NAP	NAP	NAP	NAP
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	NAP	NAP	NAP	NAP	0	Springing	0
14	Loan	93, 94	1	1001 McKinney	NAP	NAP	NAP	NAP	699,351	116,558	116,249
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	NAP	NAP	NAP	NAP	696,822	696,822	272,774
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	8/12/2026	2, 6-year extension options	1,080,000	No	0	Springing	0
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP	NAP	NAP	NAP	0	50,122	0
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	NAP	NAP	NAP	NAP	589,478	117,896	50,057
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	NAP	NAP	NAP	NAP	0	Springing	0
20	Loan	135, 136, 137, 138	1	150 South Warner	NAP	NAP	NAP	NAP	296,019	37,002	0
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	NAP	NAP	NAP	NAP	0	Springing	0
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	NAP	NAP	NAP	NAP	415,000	85,000	30,000
23	Loan	152, 153	18	Teamshares Portfolio					27,707	27,707	46,123
23.01	Property		1	West Lebanon Feed & Supply	NAP	NAP	NAP	NAP
23.02	Property		1	Karl's Country Market	NAP	NAP	NAP	NAP
23.03	Property		1	Coronado Paint & Decorating	NAP	NAP	NAP	NAP
23.04	Property		1	RPM Carpets	NAP	NAP	NAP	NAP
23.05	Property		1	AW Brown Pet & Garden	NAP	NAP	NAP	NAP
23.06	Property		1	Eric Clark Industries	NAP	NAP	NAP	NAP
23.07	Property		1	Pizza Shuttle	NAP	NAP	NAP	NAP
23.08	Property		1	Old Town Market	NAP	NAP	NAP	NAP
23.09	Property		1	A&B Wood & Design	NAP	NAP	NAP	NAP
23.10	Property		1	Don & Millie's Harrison Street	NAP	NAP	NAP	NAP
23.11	Property		1	Don & Millie's West Center	NAP	NAP	NAP	NAP
23.12	Property		1	Don & Millie's Evans Street	NAP	NAP	NAP	NAP
23.13	Property		1	Don & Millie's Q Street	NAP	NAP	NAP	NAP
23.14	Property		1	Don & Millie's Pratt Ave	NAP	NAP	NAP	NAP
23.15	Property		1	B&M Clambake	NAP	NAP	NAP	NAP
23.16	Property		1	Thielen Meats of Pierz	NAP	NAP	NAP	NAP
23.17	Property		1	Popco Service	NAP	NAP	NAP	NAP
23.18	Property		1	Ned's Pizza	NAP	NAP	NAP	NAP
24	Loan	154	1	Westin Mount Laurel	NAP	NAP	NAP	NAP	33,543	33,543	0
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	NAP	NAP	NAP	NAP	75,365	15,073	0
26	Loan	159	1	5542 Grand River	NAP	NAP	NAP	NAP	119,232	19,872	0
27	Loan	160, 161	1	Rangeview & Trails End	NAP	NAP	NAP	NAP	53,618	1,270	19,005
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	NAP	NAP	NAP	NAP	0	Springing	0
29	Loan	9, 172, 173, 174	1	Riverview Tower	NAP	NAP	NAP	NAP	287,922	47,987	0
30	Loan	175	1	Doubletree Laurel	NAP	NAP	NAP	NAP	160,766	17,863	0
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	NAP	NAP	NAP	NAP	486,750	54,083	0
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP	NAP	NAP	46,066	11,517	0
33	Loan	182	1	70 Grand Avenue	NAP	NAP	NAP	NAP	44,003	22,001	14,745
34	Loan	183, 184, 185	2	Storage Depot Portfolio					10,042	1,435	0
34.01	Property		1	Farmville Properties	NAP	NAP	NAP	NAP
34.02	Property		1	21528 Prince Edward Highway	NAP	NAP	NAP	NAP
35	Loan		1	Riviera Terrace	NAP	NAP	NAP	NAP	66,050	6,005	10,504
36	Loan		1	60 Warren Street	NAP	NAP	NAP	NAP	49,519	7,074	2,387
37	Loan		1	Cityline Carlisle Storage	NAP	NAP	NAP	NAP	19,020	2,717	0
38	Loan	186	1	400 Suydam	NAP	NAP	NAP	NAP	1,891	946	3,368

A-1-17

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Monthly Insurance Reserve ($)	Upfront Replacement / PIP Reserve ($)	Monthly Replacement / FF&E Reserve ($)	Replacement Reserve Caps ($)	Upfront TI/LC Reserve ($)	Monthly TI/LC Reserve ($)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	Springing	0	Springing	0	0	0
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	55,518	0	12,868	0	0	Springing
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	1,312	48,966	Springing	0	500,000	Springing
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	7,064	0	2,646	0	0	421
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	Springing	0	2,959	0	0	29,586
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	Springing	0	Springing	0	26,723,400	Springing
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Springing	0	Springing	183,389	11,882,926	Springing
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	Springing	0	Springing	0	0	Springing
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Springing	0	4,076	0	0	20,382
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	Springing	0	17,500	0	0	0
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	22,994	0	41,841	0	0	0
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	Springing	27,500	Springing	27,500	0	0
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Springing	0	19,303	231,636	5,000,000	144,771
14	Loan	93, 94	1	1001 McKinney	38,750	0	6,257	0	3,000,000	46,930
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	136,387	8,000,000	26,650	0	15,000,000	Springing
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	Springing	0	Springing	619,992	4,068,135	0
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	Springing	0	Springing	0	0	0
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	12,514	0	7,362	0	2,300,000	18,404
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Springing	0	Springing	0	25,000,000	Springing
20	Loan	135, 136, 137, 138	1	150 South Warner	Springing	0	5,951	0	3,000,000	Springing
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	Springing	0	Springing	201,394	0	Springing
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	15,000	2,246	2,246	0	1,000,000	Springing
23	Loan	152, 153	18	Teamshares Portfolio	14,478	0	4,887	0	0	8,144
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	Springing	0	44,459	0	0	0
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Springing	0	1,518	0	0	5,692
26	Loan	159	1	5542 Grand River	Springing	0	Springing	0	0	5,729
27	Loan	160, 161	1	Rangeview & Trails End	2,555	0	1,431	0	0	0
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Springing	0	Springing	402,666	0	Springing
29	Loan	9, 172, 173, 174	1	Riverview Tower	Springing	0	5,570	0	1,500,000	Springing
30	Loan	175	1	Doubletree Laurel	Springing	0	21,829	0	0	0
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Springing	5,210	5,210	0	2,000,000	52,099
32	Loan	180, 181	1	123 West Tryon Avenue	Springing	3,253	271	0	0	0
33	Loan	182	1	70 Grand Avenue	4,915	0	1,167	0	500,000	7,305
34	Loan	183, 184, 185	2	Storage Depot Portfolio	Springing	0	657	0	0	0
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	1,659	0	604	0	0	0
36	Loan		1	60 Warren Street	199	0	81	0	0	537
37	Loan		1	Cityline Carlisle Storage	Springing	100,000	570	0	0	0
38	Loan	186	1	400 Suydam	842	0	158	0	0	0

A-1-18

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	TI/LC Caps ($)	Upfront Debt Service Reserve ($)	Monthly Debt Service Reserve ($)	Debt Service Reserve Cap ($)	Upfront Deferred Maintenance Reserve ($)	Upfront Other Reserve ($)	Monthly Other Reserve ($)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	0	0	0	0	0	0	0
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	0	0	0	0	249,311	770,000	0
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	0	0	0	0	867,480	174,017	0
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	0	0	0	0	0	7,710,000	0
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	1,000,000	0	0	0	0	0	0
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	0	0	0	0	0	31,137,229	0
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	1,100,331	0	0	0	0	1,506,022	Springing
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	0	0	0	0	0	0	0
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	733,743	0	0	0	0	49,500	0
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	0	0	0	0	458,628	0	0
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	0	0	0	0	0	115,000	13,500
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	0	0	0	0	0	12,100	Springing
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	10,000,000	0	0	0	0	10,489,446	0
14	Loan	93, 94	1	1001 McKinney	3,500,000	0	0	0	0	8,320,324	0
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	15,000,000	0	0	0	0	40,614,319	0
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	0	0	0	0	0	743,644	Springing
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	0	0	0	0	35,000	2,515,000	Springing
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	0	0	0	0	0	1,166,939	32,768
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	25,000,000	0	0	0	0	11,112,904	0
20	Loan	135, 136, 137, 138	1	150 South Warner	3,000,000	0	0	0	0	600,616	0
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	1,006,968	0	0	0	0	18,702,357	Springing
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	750,000	0	0	0	0	0	Springing
23	Loan	152, 153	18	Teamshares Portfolio	0	113,951	0	0	85,973	0	0
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	0	0	0	0	0	0	Springing
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	204,899	0	0	0	0	194,708	0
26	Loan	159	1	5542 Grand River	206,244	0	0	0	81,000	719,426	0
27	Loan	160, 161	1	Rangeview & Trails End	0	0	0	0	43,740	0	0
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	1,651,332	0	0	0	0	14,539,077	0
29	Loan	9, 172, 173, 174	1	Riverview Tower	0	0	0	0	11,935	5,399,238	0
30	Loan	175	1	Doubletree Laurel	0	0	0	0	0	0	Springing
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	0	0	0	0	122,264	1,636,085	0
32	Loan	180, 181	1	123 West Tryon Avenue	0	0	0	0	0	0	0
33	Loan	182	1	70 Grand Avenue	0	0	0	0	7,663	13,613	0
34	Loan	183, 184, 185	2	Storage Depot Portfolio	0	0	0	0	36,500	0	0
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	0	0	0	0	37,000	0	0
36	Loan		1	60 Warren Street	0	0	0	0	0	93,293	Springing
37	Loan		1	Cityline Carlisle Storage	0	0	0	0	28,125	0	0
38	Loan	186	1	400 Suydam	0	0	0	0	0	0	0

A-1-19

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Other Reserve Description

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	Unfunded Obligations Reserve
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	Unfunded Obligations Reserve
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	Economic Holdback Reserve ($6,800,000), 421a Tax Reserve ($910,000)
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	Outstanding TI/LC Reserve ($21,283,070), Free Rent Reserve ($9,854,159)
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Gap Rent Reserve (Upfront: $1,506,022), Ground Rent Reserve (Monthly: Springing)
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Unfunded Obligations Reserve
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	Debt Yield Reserve
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	Seasonality Reserve (Upfront: $115,000; Monthly: $13,500; Cap: $250,000), PIP Reserve (Monthly: Springing), Custodial Funds Reserve (Monthly: Springing)
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	Condominium Assessment Reserve
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Outstanding TI/LC Reserve ($10,303,667), Free Rent Reserve ($185,778.77)
14	Loan	93, 94	1	1001 McKinney	Outstanding TI Reserve ($5,197,599.25), Free Rent Reserve ($3,122,724.39)
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	Sea Wall Repair Reserve ($25,000,000), Unfunded Obligations Reserve ($14,195,734), Elevator Modernization Reserve ($1,418,585.35)
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	Gap Rent Reserve (Upfront: $743,643.75), Rollover Reserve (Monthly: Springing)
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	PIP Reserve Fund (Upfront: $1,750,000), TIF Reserve Fund ($765,000), Seasonality Reserve Fund (Monthly: Springing)
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Outstanding TI/LC Reserve (Upfront: $1,053,949.92), Municipal Authority TI/LC Reserve (Monthly: $32,768.23), Free Rent Holdback Reserve (Upfront: $112,989)
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Upfront Leasing Reserve
20	Loan	135, 136, 137, 138	1	150 South Warner	Free Rent Reserve (389,644.66), Unfunded Obligations Reserve (210,971)
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	TI Reserve (Upfront: $10,024,690.89), Gap Rent Reserve (Upfront: $8,677,665.64), Planet Hollywood Overlease Rent Funds Reserve (Monthly: Springing)
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	Condominium Assessments Reserve
23	Loan	152, 153	18	Teamshares Portfolio	NAP
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	PIP Reserve
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Tempe Eats Reserve ($105,802.62), Free Rent Reserve ($75,000), Prepaid Rent Funds ($13,905)
26	Loan	159	1	5542 Grand River	Unfunded Obligations Reserve ($587,655), Free Rent Reserve ($131,770.83)
27	Loan	160, 161	1	Rangeview & Trails End	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Outstanding TI/LC Reserve ($10,222,200), Gap Rent Reserve ($4,316,877)
29	Loan	9, 172, 173, 174	1	Riverview Tower	Outstanding TI/LC Reserve ($4,317,292), Free Rent Reserve ($851,263), Gap Rent Reserve ($230,683)
30	Loan	175	1	Doubletree Laurel	PIP Reserve
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Outstanding TI Reserve ($1,154,376), Free Rent Reserve ($481,709)
32	Loan	180, 181	1	123 West Tryon Avenue	NAP
33	Loan	182	1	70 Grand Avenue	Gap Rent Reserve
34	Loan	183, 184, 185	2	Storage Depot Portfolio	NAP
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	NAP
36	Loan		1	60 Warren Street	Free Rent Reserve (Upfront: $92,292.97); Condo Assessment Reserve (Upfront: $1,000; Monthly: Springing)
37	Loan		1	Cityline Carlisle Storage	NAP
38	Loan	186	1	400 Suydam	NAP

A-1-20

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Other Reserve Cap ($)	Holdback/ Earnout Amount ($)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	0	0
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	0	0
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	0	0
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	0	6,800,000
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	0	0
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	0	0
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	0	0
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	0	0
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	0	0
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	0	0
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	250,000	0
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	12,100	0
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	0	0
14	Loan	93, 94	1	1001 McKinney	0	0
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	0	0
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	Rollover Reserve ($2,094,342)	0
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	Seasonality Reserve ($650,000)	0
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	0	0
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	0	0
20	Loan	135, 136, 137, 138	1	150 South Warner	0	0
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	0	0
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	0	0
23	Loan	152, 153	18	Teamshares Portfolio	0	0
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	0	0
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	0	0
26	Loan	159	1	5542 Grand River	0	0
27	Loan	160, 161	1	Rangeview & Trails End	0	0
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	0	0
29	Loan	9, 172, 173, 174	1	Riverview Tower	0	0
30	Loan	175	1	Doubletree Laurel	0	0
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	0	0
32	Loan	180, 181	1	123 West Tryon Avenue	0	0
33	Loan	182	1	70 Grand Avenue	0	0
34	Loan	183, 184, 185	2	Storage Depot Portfolio	0	0
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	0	0
36	Loan		1	60 Warren Street	Condo Assessment Reserve ($1,000)	0
37	Loan		1	Cityline Carlisle Storage	0	0
38	Loan	186	1	400 Suydam	0	0

A-1-21

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Holdback/ Earnout Description

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	NAP
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	NAP
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	Borrower shall deposit into an eligible account upon closing an amount equal to $6,800,000. Upon satisfaction of the (i) Debt Yield being equal to or greater than 9.00% and (ii) satisfactory evidence that the (a) disbursement of up to 25% of total original amount of the Economic Holdback Reserve Funds (in the aggregate together with all prior disbursements of Economic Holdback Reserve Funds), at least 25% of the Affordable Units at the Property are occupied pursuant to executed Leases, (b) disbursement of up to 50% of total original amount of the Economic Holdback Reserve Funds (in the aggregate together with all prior disbursements of Economic Holdback Reserve Funds), at least 50% of the Affordable Units at the Property are occupied pursuant to executed Leases, (c) disbursement of up to 75% of total original amount of the Economic Holdback Reserve Funds (in the aggregate together with all prior disbursements of Economic Holdback Reserve Funds), at least 75% of the Affordable Units at the Property are occupied pursuant to executed Leases, (d) disbursement of up to 100% of total original amount of the Economic Holdback Reserve Funds (in the aggregate together with all prior disbursements of Economic Holdback Reserve Funds), at least 100% of the Affordable Units at the Property are occupied pursuant to executed Leases, the lender shall disburse the applicable Economic Holdback Reserve Funds to Borrower (if no Trigger Period exists) or if a Trigger Period exists into the Cash Management account.
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	NAP
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	NAP
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	NAP
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	NAP
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	NAP
14	Loan	93, 94	1	1001 McKinney	NAP
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	NAP
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	NAP
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	NAP
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	NAP
20	Loan	135, 136, 137, 138	1	150 South Warner	NAP
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	NAP
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	NAP
23	Loan	152, 153	18	Teamshares Portfolio	NAP
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	NAP
26	Loan	159	1	5542 Grand River	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	NAP
29	Loan	9, 172, 173, 174	1	Riverview Tower	NAP
30	Loan	175	1	Doubletree Laurel	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	NAP
32	Loan	180, 181	1	123 West Tryon Avenue	NAP
33	Loan	182	1	70 Grand Avenue	NAP
34	Loan	183, 184, 185	2	Storage Depot Portfolio	NAP
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	NAP
36	Loan		1	60 Warren Street	NAP
37	Loan		1	Cityline Carlisle Storage	NAP
38	Loan	186	1	400 Suydam	NAP

A-1-22

Benchmark 2023-V3 Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Lockbox Type

Cash Management

Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)

Tenant Specific Excess Cash Trap Trigger (Y/N)

Pari Passu (Y/N)

Pari Passu in Trust Controlling (Y/N)

Trust Pari Passu Cut-off Date Balance ($)

Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($)

Loan

9, 10, 11, 12, 13, 14, 15

12800 Culver Boulevard

Hard

Springing

Yes

75,000,000

9,800,000

Loan

16, 17, 18, 19, 20

Brasswater Warehouse Portfolio

Hard

Springing

Yes

NAP

2.01

Property

6500 East Fourteen Mile Road

2.02

Property

30450-30500 Little Mack Avenue

Loan

21, 22, 23, 24, 25, 26, 27

ExchangeRight Net Leased Portfolio #63

Hard

Springing

Yes

NAP

3.01

Property

FedEx Ground - Brookfield (Image), MO

3.02

Property

Tops Friendly Market- Niagara Falls (Niagara), NY

3.03

Property

Schnucks - Rockford (Charles), IL

3.04

Property

Tractor Supply - Waretown (Rte 9), NJ

3.05

Property

BioLife- Pearland (Kirby), TX

3.06

Property

Daybreak Market - Pace (Hwy 90), FL

3.07

Property

Dollar Tree - Moore (Eastern), OK

3.08

Property

Dollar General - Eloy (Frontier), AZ

3.09

Property

Dollar Tree - Ingleside (TX-361), TX

3.10

Property

Dollar General - Chester (Lincoln), WV

3.11

Property

Dollar General - Johnstown (Horner), PA

3.12

Property

Dollar General Plus - Ashland (Cottage), OH

3.13

Property

Dollar General - Springfield (Grand), IL

3.14

Property

Dollar General - Owensboro (KY-25), KY

3.15

Property

Dollar General - Flint (Court), MI

Loan

28, 29, 30, 31, 32

963 Atlantic Avenue

Springing

Yes

NAP

Loan

9, 33, 34, 35, 36

Gateway Center South

Hard

Springing

Yes

50,000,000

112,500,000

Loan

9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49

Back Bay Office

Hard

Springing

Yes

45,000,000

430,000,000

Loan

9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59

Oxmoor Center

Hard

Springing

Yes

45,000,000

Loan

60, 61, 62, 63

500 Charles Ewing Boulevard

Hard

Springing

Yes

NAP

Loan

64, 65, 66, 67, 68, 69

Mission Grove Plaza

Hard

Springing

Yes

NAP

Loan

9, 70, 71, 72

Austin Multifamily Portfolio

Springing

Yes

35,000,000

75,000,000

10.01

Property

Starburst Apartments

10.02

Property

Orbit Apartments

Loan

73, 74, 75, 76, 77, 78, 79, 80

Tru by Hilton Orlando

Hard

Springing

Yes

NAP

Loan

9, 81, 82, 83, 84, 85, 86, 87

Select Parking NYC Portfolio

Hard

Springing

Yes

34,000,000

10,000,000

12.01

Property

30, 40 and 60 East 9th Street

12.02

Property

260 West 87th Street

Loan

7, 9, 88, 89, 90, 91, 92

Heritage Plaza

Hard

Springing

Yes

32,000,000

140,000,000

Loan

93, 94

1001 McKinney

Hard

Springing

Yes

NAP

Loan

9, 95, 96, 97, 98, 99, 100, 101, 102, 103

Harborside 2-3

Hard

Springing

Yes

27,500,000

197,500,000

Loan

9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117

Green Acres

Hard

Springing

Yes

27,000,000

343,000,000

Loan

118, 119, 120, 121, 122

Hyatt Arcade Cleveland

Springing (Hospitality); Hard (Retail)

Springing

Yes

NAP

Loan

9, 123, 124, 125, 126, 127

The Widener Building

Hard

In Place

Yes

23,000,000

27,000,000

Loan

9, 128, 129, 130, 131, 132, 133, 134

One & Two Commerce Square

Hard

Springing

Yes

22,500,000

197,500,000

Loan

135, 136, 137, 138

150 South Warner

Hard

In Place

Yes

NAP

Loan

9, 139, 140, 141, 142, 143, 144

Miracle Mile

Hard

Springing

Yes

20,000,000

405,000,000

Loan

9, 145, 146, 147, 148, 149, 150, 151

Queens Crossing

Hard

Springing

Yes

20,000,000

37,100,000

Loan

152, 153

Teamshares Portfolio

Hard

Springing

Yes

NAP

23.01

Property

West Lebanon Feed & Supply

23.02

Property

Karl's Country Market

23.03

Property

Coronado Paint & Decorating

23.04

Property

RPM Carpets

23.05

Property

AW Brown Pet & Garden

23.06

Property

Eric Clark Industries

23.07

Property

Pizza Shuttle

23.08

Property

Old Town Market

23.09

Property

A&B Wood & Design

23.10

Property

Don & Millie's Harrison Street

23.11

Property

Don & Millie's West Center

23.12

Property

Don & Millie's Evans Street

23.13

Property

Don & Millie's Q Street

23.14

Property

Don & Millie's Pratt Ave

23.15

Property

B&M Clambake

23.16

Property

Thielen Meats of Pierz

23.17

Property

Popco Service

23.18

Property

Ned's Pizza

Loan

154

Westin Mount Laurel

Hard

Springing

Yes

NAP

Loan

155, 156, 157, 158

Southern Mill Shopping Center

Springing

Yes

NAP

Loan

159

5542 Grand River

Hard

Springing

Yes

NAP

Loan

160, 161

Rangeview & Trails End

Springing

Yes

NAP

Loan

9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171

Scottsdale Fashion Square

Hard

Springing

Yes

10,000,000

690,000,000

Loan

9, 172, 173, 174

Riverview Tower

Hard

Springing

Yes

10,000,000

17,600,000

Loan

175

Doubletree Laurel

Hard

Springing

Yes

NAP

Loan

9, 176, 177, 178, 179

Platinum Tower

Hard

Springing

Yes

8,994,325

14,990,542

Loan

180, 181

123 West Tryon Avenue

Hard

Springing

Yes

NAP

Loan

182

70 Grand Avenue

Springing

Yes

NAP

Loan

183, 184, 185

Storage Depot Portfolio

Springing

Yes

NAP

34.01

Property

Farmville Properties

34.02

Property

21528 Prince Edward Highway

Loan

Riviera Terrace

Springing

Yes

NAP

Loan

60 Warren Street

Hard

Springing

Yes

NAP

Loan

Cityline Carlisle Storage

Springing

Yes

NAP

Loan

186

400 Suydam

Springing

Yes

NAP

A-1-23

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)	Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)	Subordinate Companion Loan Cut-off Date Balance ($)	Subordinate Companion Loan Interest Rate	Whole Loan Cut-off Date Balance ($)	Whole Loan Monthly Debt Service ($)	Whole Loan Cut-off Date LTV Ratio (%)	Whole Loan Underwritten NCF DSCR (x)	Whole Loan Underwritten NOI Debt Yield (%)
												4
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	54,093.84	468,077.35	NAP	NAP	84,800,000	468,077.35	39.4%	2.37	15.8%
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	653,292.97	943,645.40	NAP	NAP	162,500,000	943,645.40	59.9%	1.21	8.5%
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	2,288,127.54	2,527,582.75	65,000,000	8.20000%	540,000,000	2,977,918.40	38.3%	2.16	14.3%
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	308,729.16	617,458.33	NAP	NAP	90,000,000	617,458.33	58.8%	1.50	13.3%
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	467,022.57	684,966.44	NAP	NAP	110,000,000	684,966.44	58.8%	1.21	9.3%
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	66,832.17	294,061.57	NAP	NAP	44,000,000	294,061.57	61.0%	1.35	10.9%
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	902,530.10	1,108,822.69	NAP	NAP	172,000,000	1,108,822.69	33.0%	1.54	12.7%
14	Loan	93, 94	1	1001 McKinney	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	974,516.20	1,110,208.33	NAP	NAP	225,000,000	1,110,208.33	56.8%	2.36	14.7%
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	1,709,549.31	1,844,120.25	NAP	NAP	370,000,000	1,844,120.25	54.5%	2.10	13.0%
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	175,314.06	324,655.67	NAP	NAP	50,000,000	324,655.67	53.9%	1.65	13.5%
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	1,299,494.00	1,447,537.62	NAP	NAP	220,000,000	1,447,537.62	51.4%	1.52	13.5%
20	Loan	135, 136, 137, 138	1	150 South Warner	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	2,392,249.92	2,510,385.72	NAP	NAP	425,000,000	2,510,385.72	38.6%	1.96	14.0%
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	236,662.79	364,243.81	NAP	NAP	57,100,000	364,243.81	57.1%	1.33	10.4%
23	Loan	152, 153	18	Teamshares Portfolio	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
26	Loan	159	1	5542 Grand River	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	3,622,821.44	3,675,326.10	NAP	NAP	700,000,000	3,675,326.10	38.4%	1.92	12.3%
29	Loan	9, 172, 173, 174	1	Riverview Tower	129,141.34	202,517.10	NAP	NAP	27,600,000	202,517.10	68.7%	1.40	12.6%
30	Loan	175	1	Doubletree Laurel	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	113,270.50	181,232.80	NAP	NAP	23,984,867	181,232.80	49.0%	1.78	16.9%
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan	182	1	70 Grand Avenue	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
34	Loan	183, 184, 185	2	Storage Depot Portfolio	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	60 Warren Street	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
37	Loan		1	Cityline Carlisle Storage	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP
38	Loan	186	1	400 Suydam	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP	NAP

A-1-24

Benchmark 2023-V3 Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Mezzanine Debt Cut-off Date Balance($)

Mezzanine Debt Interest Rate (%)

Total Debt Cut-off Date Balance ($)

Total Debt Monthly Debt Service ($)

Total Debt Cut-off Date LTV Ratio (%)

Total Debt Underwritten NCF DSCR (x)

Total Debt Underwritten NOI Debt Yield (%)

Future Additional Debt Permitted (Y/N)

Loan

9, 10, 11, 12, 13, 14, 15

12800 Culver Boulevard

NAP

Loan

16, 17, 18, 19, 20

Brasswater Warehouse Portfolio

NAP

2.01

Property

6500 East Fourteen Mile Road

2.02

Property

30450-30500 Little Mack Avenue

Loan

21, 22, 23, 24, 25, 26, 27

ExchangeRight Net Leased Portfolio #63

NAP

3.01

Property

FedEx Ground - Brookfield (Image), MO

3.02

Property

Tops Friendly Market- Niagara Falls (Niagara), NY

3.03

Property

Schnucks - Rockford (Charles), IL

3.04

Property

Tractor Supply - Waretown (Rte 9), NJ

3.05

Property

BioLife- Pearland (Kirby), TX

3.06

Property

Daybreak Market - Pace (Hwy 90), FL

3.07

Property

Dollar Tree - Moore (Eastern), OK

3.08

Property

Dollar General - Eloy (Frontier), AZ

3.09

Property

Dollar Tree - Ingleside (TX-361), TX

3.10

Property

Dollar General - Chester (Lincoln), WV

3.11

Property

Dollar General - Johnstown (Horner), PA

3.12

Property

Dollar General Plus - Ashland (Cottage), OH

3.13

Property

Dollar General - Springfield (Grand), IL

3.14

Property

Dollar General - Owensboro (KY-25), KY

3.15

Property

Dollar General - Flint (Court), MI

Loan

28, 29, 30, 31, 32

963 Atlantic Avenue

NAP

Loan

9, 33, 34, 35, 36

Gateway Center South

NAP

Loan

9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49

Back Bay Office

40,000,000

10.12500%

580,000,000

3,320,105.90

41.1%

1.94

13.4%

Loan

9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59

Oxmoor Center

NAP

Loan

60, 61, 62, 63

500 Charles Ewing Boulevard

NAP

Loan

64, 65, 66, 67, 68, 69

Mission Grove Plaza

NAP

Loan

9, 70, 71, 72

Austin Multifamily Portfolio

NAP

10.01

Property

Starburst Apartments

10.02

Property

Orbit Apartments

Loan

73, 74, 75, 76, 77, 78, 79, 80

Tru by Hilton Orlando

NAP

Loan

9, 81, 82, 83, 84, 85, 86, 87

Select Parking NYC Portfolio

NAP

12.01

Property

30, 40 and 60 East 9th Street

12.02

Property

260 West 87th Street

Loan

7, 9, 88, 89, 90, 91, 92

Heritage Plaza

NAP

Yes

Loan

93, 94

1001 McKinney

NAP

Loan

9, 95, 96, 97, 98, 99, 100, 101, 102, 103

Harborside 2-3

55,000,000

10.50000%

280,000,000

1,598,142.36

70.7%

1.64

11.8%

Yes

Loan

9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117

Green Acres

NAP

Loan

118, 119, 120, 121, 122

Hyatt Arcade Cleveland

NAP

Loan

9, 123, 124, 125, 126, 127

The Widener Building

NAP

Loan

9, 128, 129, 130, 131, 132, 133, 134

One & Two Commerce Square

NAP

Loan

135, 136, 137, 138

150 South Warner

NAP

Loan

9, 139, 140, 141, 142, 143, 144

Miracle Mile

NAP

Loan

9, 145, 146, 147, 148, 149, 150, 151

Queens Crossing

NAP

Loan

152, 153

Teamshares Portfolio

NAP

23.01

Property

West Lebanon Feed & Supply

23.02

Property

Karl's Country Market

23.03

Property

Coronado Paint & Decorating

23.04

Property

RPM Carpets

23.05

Property

AW Brown Pet & Garden

23.06

Property

Eric Clark Industries

23.07

Property

Pizza Shuttle

23.08

Property

Old Town Market

23.09

Property

A&B Wood & Design

23.10

Property

Don & Millie's Harrison Street

23.11

Property

Don & Millie's West Center

23.12

Property

Don & Millie's Evans Street

23.13

Property

Don & Millie's Q Street

23.14

Property

Don & Millie's Pratt Ave

23.15

Property

B&M Clambake

23.16

Property

Thielen Meats of Pierz

23.17

Property

Popco Service

23.18

Property

Ned's Pizza

Loan

154

Westin Mount Laurel

NAP

Loan

155, 156, 157, 158

Southern Mill Shopping Center

NAP

Loan

159

5542 Grand River

NAP

Loan

160, 161

Rangeview & Trails End

NAP

Loan

9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171

Scottsdale Fashion Square

NAP

Loan

9, 172, 173, 174

Riverview Tower

NAP

Loan

175

Doubletree Laurel

NAP

Loan

9, 176, 177, 178, 179

Platinum Tower

NAP

Loan

180, 181

123 West Tryon Avenue

NAP

Loan

182

70 Grand Avenue

NAP

Loan

183, 184, 185

Storage Depot Portfolio

NAP

34.01

Property

Farmville Properties

34.02

Property

21528 Prince Edward Highway

Loan

Riviera Terrace

NAP

Loan

60 Warren Street

NAP

Loan

Cityline Carlisle Storage

NAP

Loan

186

400 Suydam

NAP

A-1-25

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Future Debt Permitted Type

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	NAP
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	NAP
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	NAP
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	NAP
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	NAP
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	NAP
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	NAP
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Mezzanine (Max Combined LTV of 33.0%; Min Combined Debt Yield of 12.67%; Intercreditor Agreement is required)
14	Loan	93, 94	1	1001 McKinney	NAP
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	Mezzanine only permitted in connection with the assumption of the Mortgage Loan and simultaneous repayment of the Mezzanine Loan (Max Combined LTV of 75.0%; Min Combined DSCR of 1.25x; Min Mortgage DSCR of 1.81x; Intercreditor Agreement is required)
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	NAP
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	NAP
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	NAP
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	NAP
20	Loan	135, 136, 137, 138	1	150 South Warner	NAP
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	NAP
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	NAP
23	Loan	152, 153	18	Teamshares Portfolio	NAP
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	NAP
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	NAP
26	Loan	159	1	5542 Grand River	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	NAP
29	Loan	9, 172, 173, 174	1	Riverview Tower	NAP
30	Loan	175	1	Doubletree Laurel	NAP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	NAP
32	Loan	180, 181	1	123 West Tryon Avenue	NAP
33	Loan	182	1	70 Grand Avenue	NAP
34	Loan	183, 184, 185	2	Storage Depot Portfolio	NAP
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	NAP
36	Loan		1	60 Warren Street	NAP
37	Loan		1	Cityline Carlisle Storage	NAP
38	Loan	186	1	400 Suydam	NAP

A-1-26

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Sponsor

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	GI Partners ETS Fund LP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	Ian Quint
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	Efraim Weber and Efraim Weber
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	The Related Companies, L.P.
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	JPMorgan Chase Bank, N.A., J.P. Morgan Investment Management Inc., OMERS Administration Corporation, and OPG Investment Holdings (US), LLC
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	BPR Nimbus LLC
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	Office Properties Income Trust
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Pamela E. Rubin, as Trustee of The Mark and Pamela Rubin Family Trust dated June 17, 1997, as Amended and Complete Restatement Dated July 15, 2020
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	Wesley Ivan Keller, Nathan Ivan Keller and Jonathan Sheffield Keller
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	Noel Epelboim, EDG Holding Orlando, LLC and Epelboim Development Group LLC
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	Aaron Katz
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	AEW CPT REIT, LLC, AEW Core Property (U.S.), L.P., Brookfield Office Properties Inc. and Brookfield Property Partners, L.P.
14	Loan	93, 94	1	1001 McKinney	TPG RE Finance Trust Holdco, LLC
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	Mark Karasick and Michael Silberberg
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	The Macerich Partnership, L.P.
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	Skyline Investments Inc.
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Abraham Leser, Robert Schachter and Harry Gold
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Brandywine Operating Partnership, L.P.
20	Loan	135, 136, 137, 138	1	150 South Warner	SSI Warner PA LP
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	Institutional Mall Investors LLC
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	F&T Group
23	Loan	152, 153	18	Teamshares Portfolio	Teamshares Inc.
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	Westplace Modesto Investors, LLC
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Edward G. Hudson
26	Loan	159	1	5542 Grand River	Elie Rieder
27	Loan	160, 161	1	Rangeview & Trails End	Michael Mirski, Jay Yang and The Aviv Irrevocable Trust and The Sach Irrevocable Trust
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	The Macerich Partnership, L.P. and Institutional Mall Investors LLC
29	Loan	9, 172, 173, 174	1	Riverview Tower	Hertz Realty Operating Partnership, LP
30	Loan	175	1	Doubletree Laurel	Sotherly Hotels LP
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Accesso Partners and Partners Group
32	Loan	180, 181	1	123 West Tryon Avenue	Alan Mruvka
33	Loan	182	1	70 Grand Avenue	Steven Charney, Robert Peckar and Angela Abramson Trust II
34	Loan	183, 184, 185	2	Storage Depot Portfolio	George Thacker, Lawrence Charles Kaplan, Peter J. Veltri and Richard Schontz
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	TCC MHP Holdings LLC
36	Loan		1	60 Warren Street	Richard Wagman, Philippe Weissberg and Jarrett Posner
37	Loan		1	Cityline Carlisle Storage	George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri
38	Loan	186	1	400 Suydam	Albert Dweck

A-1-27

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Non-Recourse Carveout Guarantor	Delaware Statutory Trust (Y/N)	Tenants-in-common (Y/N)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	GI Partners ETS Fund LP	No	No
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	Ian Quint	No	No
2.01	Property		1	6500 East Fourteen Mile Road
2.02	Property		1	30450-30500 Little Mack Avenue
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas	Yes	No
3.01	Property		1	FedEx Ground - Brookfield (Image), MO
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY
3.03	Property		1	Schnucks - Rockford (Charles), IL
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ
3.05	Property		1	BioLife- Pearland (Kirby), TX
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL
3.07	Property		1	Dollar Tree - Moore (Eastern), OK
3.08	Property		1	Dollar General - Eloy (Frontier), AZ
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX
3.10	Property		1	Dollar General - Chester (Lincoln), WV
3.11	Property		1	Dollar General - Johnstown (Horner), PA
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH
3.13	Property		1	Dollar General - Springfield (Grand), IL
3.14	Property		1	Dollar General - Owensboro (KY-25), KY
3.15	Property		1	Dollar General - Flint (Court), MI
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	Efraim Weber and Efraim Weber	No	No
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	The Related Companies, L.P.	No	No
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	OPG Investment Holdings (US), LLC	No	No
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	BPR Nimbus LLC	No	No
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	Office Properties Income Trust	No	No
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Pamela E. Rubin, as Trustee of The Mark and Pamela Rubin Family Trust dated June 17, 1997, as Amended and Complete Restatement Dated July 15, 2020	No	No
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	Wesley Ivan Keller, Nathan Ivan Keller and Jonathan Sheffield Keller	No	No
10.01	Property		1	Starburst Apartments
10.02	Property		1	Orbit Apartments
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	Noel Epelboim	No	No
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	Aaron Katz	No	No
12.01	Property		1	30, 40 and 60 East 9th Street
12.02	Property		1	260 West 87th Street
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Brookfield Properties Investor LLC	No	No
14	Loan	93, 94	1	1001 McKinney	TPG RE Finance Trust Holdco, LLC	No	No
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	Mark Karasick and Michael Silberberg	No	Yes
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	The Macerich Partnership, L.P.	No	No
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	Skyline Investments Inc.	No	No
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Abraham Leser, Robert Schachter and Harry Gold	No	Yes
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Brandywine Operating Partnership, L.P.	No	No
20	Loan	135, 136, 137, 138	1	150 South Warner	Jones Lang LaSalle New England L.L.C.	No	No
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	Institutional Mall Investors LLC	No	No
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	Sunny Chiu, Michael Lee and Christian Lee	No	No
23	Loan	152, 153	18	Teamshares Portfolio	Teamshares Inc.	No	No
23.01	Property		1	West Lebanon Feed & Supply
23.02	Property		1	Karl's Country Market
23.03	Property		1	Coronado Paint & Decorating
23.04	Property		1	RPM Carpets
23.05	Property		1	AW Brown Pet & Garden
23.06	Property		1	Eric Clark Industries
23.07	Property		1	Pizza Shuttle
23.08	Property		1	Old Town Market
23.09	Property		1	A&B Wood & Design
23.10	Property		1	Don & Millie's Harrison Street
23.11	Property		1	Don & Millie's West Center
23.12	Property		1	Don & Millie's Evans Street
23.13	Property		1	Don & Millie's Q Street
23.14	Property		1	Don & Millie's Pratt Ave
23.15	Property		1	B&M Clambake
23.16	Property		1	Thielen Meats of Pierz
23.17	Property		1	Popco Service
23.18	Property		1	Ned's Pizza
24	Loan	154	1	Westin Mount Laurel	Westplace Modesto Investors, LLC	No	No
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Edward G. Hudson	No	Yes
26	Loan	159	1	5542 Grand River	Elie Rieder	No	No
27	Loan	160, 161	1	Rangeview & Trails End	Michael Mirski and Jay Yang	No	No
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	The Macerich Partnership, L.P. and Institutional Mall Investors LLC	No	No
29	Loan	9, 172, 173, 174	1	Riverview Tower	Hertz Realty Operating Partnership, LP	No	No
30	Loan	175	1	Doubletree Laurel	Sotherly Hotels LP	No	No
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Dalet Investment Properties, LLLP	No	No
32	Loan	180, 181	1	123 West Tryon Avenue	Alan Mruvka	No	No
33	Loan	182	1	70 Grand Avenue	Steven Charney, Robert Peckar and Angela Abramson Trust II	No	No
34	Loan	183, 184, 185	2	Storage Depot Portfolio	George Thacker, Lawrence Charles Kaplan, Peter J. Veltri and Richard Schontz	No	Yes
34.01	Property		1	Farmville Properties
34.02	Property		1	21528 Prince Edward Highway
35	Loan		1	Riviera Terrace	Michael Mirski and Jay Yang	No	No
36	Loan		1	60 Warren Street	Richard Wagman, Philippe Weissberg and Jarrett Posner	No	No
37	Loan		1	Cityline Carlisle Storage	George Thacker, Lawrence Charles Kaplan, Richard Schontz and Peter Veltri	No	No
38	Loan	186	1	400 Suydam	Albert Dweck	No	No

A-1-28

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Loan Purpose	Property Located Within a Qualified Opportunity Zone (Y/N)	Sources: Loan Amount ($)	Sources: Principal's New Cash Contribution ($)	Sources: Subordinate Debt ($)	Sources: Other Sources ($)	Sources: Total Sources ($)	Uses: Loan Payoff ($)
						7		8
1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	Acquisition	No	84,800,000	127,361,750	0	0	212,161,750	0
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	Refinance		65,500,000	0	0	0	65,500,000	54,088,047
2.01	Property		1	6500 East Fourteen Mile Road		No
2.02	Property		1	30450-30500 Little Mack Avenue		No
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	Acquisition		50,682,000	63,757,250	0	0	114,439,250	0
3.01	Property		1	FedEx Ground - Brookfield (Image), MO		No
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY		No
3.03	Property		1	Schnucks - Rockford (Charles), IL		No
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ		No
3.05	Property		1	BioLife- Pearland (Kirby), TX		No
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL		No
3.07	Property		1	Dollar Tree - Moore (Eastern), OK		No
3.08	Property		1	Dollar General - Eloy (Frontier), AZ		No
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX		No
3.10	Property		1	Dollar General - Chester (Lincoln), WV		No
3.11	Property		1	Dollar General - Johnstown (Horner), PA		No
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH		No
3.13	Property		1	Dollar General - Springfield (Grand), IL		No
3.14	Property		1	Dollar General - Owensboro (KY-25), KY		No
3.15	Property		1	Dollar General - Flint (Court), MI		No
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	Refinance	No	50,400,000	2,044,083	0	0	52,444,083	43,320,567
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	Refinance	No	162,500,000	4,938,409	0	0	167,438,409	157,685,240
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	Refinance	No	475,000,000	41,583,604	105,000,000	0	621,583,604	546,966,371
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	Refinance	No	90,000,000	0	0	0	90,000,000	70,733,847
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	Recapitalization	No	42,700,000	0	0	0	42,700,000	0
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	Refinance	No	37,000,000	0	0	0	37,000,000	28,293,603
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	Refinance		110,000,000	0	0	0	110,000,000	84,804,226
10.01	Property		1	Starburst Apartments		No
10.02	Property		1	Orbit Apartments		No
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	Refinance	No	34,250,000	0	0	0	34,250,000	26,609,304
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	Refinance		44,000,000	0	0	0	44,000,000	24,893,631
12.01	Property		1	30, 40 and 60 East 9th Street		No
12.02	Property		1	260 West 87th Street		No
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	Refinance	Yes	172,000,000	5,793,688	0	0	177,793,688	156,217,116
14	Loan	93, 94	1	1001 McKinney	Refinance	No	31,200,000	37,486,005	0	0	68,686,005	55,731,597
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	Acquisition	No	225,000,000	119,820,041	74,000,000	49,633,468	468,453,509	0
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	Refinance	No
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	Refinance	No
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	Refinance	No
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	Refinance	No
20	Loan	135, 136, 137, 138	1	150 South Warner	Refinance	No
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	Refinance	No
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	Refinance	No
23	Loan	152, 153	18	Teamshares Portfolio	Acquisition
23.01	Property		1	West Lebanon Feed & Supply		No
23.02	Property		1	Karl's Country Market		No
23.03	Property		1	Coronado Paint & Decorating		No
23.04	Property		1	RPM Carpets		No
23.05	Property		1	AW Brown Pet & Garden		No
23.06	Property		1	Eric Clark Industries		No
23.07	Property		1	Pizza Shuttle		No
23.08	Property		1	Old Town Market		No
23.09	Property		1	A&B Wood & Design		No
23.10	Property		1	Don & Millie's Harrison Street		No
23.11	Property		1	Don & Millie's West Center		No
23.12	Property		1	Don & Millie's Evans Street		No
23.13	Property		1	Don & Millie's Q Street		No
23.14	Property		1	Don & Millie's Pratt Ave		No
23.15	Property		1	B&M Clambake		No
23.16	Property		1	Thielen Meats of Pierz		No
23.17	Property		1	Popco Service		No
23.18	Property		1	Ned's Pizza		No
24	Loan	154	1	Westin Mount Laurel	Refinance	No
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	Refinance	No
26	Loan	159	1	5542 Grand River	Refinance	No
27	Loan	160, 161	1	Rangeview & Trails End	Refinance	No
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	Refinance	No
29	Loan	9, 172, 173, 174	1	Riverview Tower	Refinance	No
30	Loan	175	1	Doubletree Laurel	Refinance	No
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	Refinance	No
32	Loan	180, 181	1	123 West Tryon Avenue	Refinance	No
33	Loan	182	1	70 Grand Avenue	Refinance	No
34	Loan	183, 184, 185	2	Storage Depot Portfolio	Acquisition
34.01	Property		1	Farmville Properties		No
34.02	Property		1	21528 Prince Edward Highway		No
35	Loan		1	Riviera Terrace	Refinance	No
36	Loan		1	60 Warren Street	Refinance	No
37	Loan		1	Cityline Carlisle Storage	Acquisition	No
38	Loan	186	1	400 Suydam	Refinance	No

A-1-29

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Uses: Purchase Price ($)	Uses: Closing Costs ($)	Uses: Reserves ($)	Uses: Principal Equity Distribution ($)	Uses: Other Uses ($)	Uses: Total Uses ($)	Franchise Agreement Expiration	Underwritten ADR ($)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	211,000,000	1,161,750	0	0	0	212,161,750	NAP	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	0	1,710,903	3,209,979	6,491,070	0	65,500,000	NAP	NAP
2.01	Property		1	6500 East Fourteen Mile Road							NAP	NAP
2.02	Property		1	30450-30500 Little Mack Avenue							NAP	NAP
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	110,266,021	2,442,449	1,730,779	0	0	114,439,250	NAP	NAP
3.01	Property		1	FedEx Ground - Brookfield (Image), MO							NAP	NAP
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY							NAP	NAP
3.03	Property		1	Schnucks - Rockford (Charles), IL							NAP	NAP
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ							NAP	NAP
3.05	Property		1	BioLife- Pearland (Kirby), TX							NAP	NAP
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL							NAP	NAP
3.07	Property		1	Dollar Tree - Moore (Eastern), OK							NAP	NAP
3.08	Property		1	Dollar General - Eloy (Frontier), AZ							NAP	NAP
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX							NAP	NAP
3.10	Property		1	Dollar General - Chester (Lincoln), WV							NAP	NAP
3.11	Property		1	Dollar General - Johnstown (Horner), PA							NAP	NAP
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH							NAP	NAP
3.13	Property		1	Dollar General - Springfield (Grand), IL							NAP	NAP
3.14	Property		1	Dollar General - Owensboro (KY-25), KY							NAP	NAP
3.15	Property		1	Dollar General - Flint (Court), MI							NAP	NAP
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	0	1,372,157	7,751,359	0	0	52,444,083	NAP	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	0	9,753,170	0	0	0	167,438,409	NAP	NAP
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	0	16,756,604	57,860,629	0	0	621,583,604	NAP	NAP
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	0	2,361,300	13,388,948	3,515,904	0	90,000,000	NAP	NAP
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	0	315,137	0	0	42,384,863	42,700,000	NAP	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	0	135,529	1,784,784	6,786,084	0	37,000,000	NAP	NAP
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	0	1,843,610	1,291,119	22,061,044	0	110,000,000	NAP	NAP
10.01	Property		1	Starburst Apartments							NAP	NAP
10.02	Property		1	Orbit Apartments							NAP	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	0	2,022,784	635,896	4,482,016	500,000	34,250,000	3/31/2039	143.07
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	0	1,248,982	39,600	17,817,788	0	44,000,000	NAP	NAP
12.01	Property		1	30, 40 and 60 East 9th Street							NAP	NAP
12.02	Property		1	260 West 87th Street							NAP	NAP
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	0	6,087,126	15,489,446	0	0	177,793,688	NAP	NAP
14	Loan	93, 94	1	1001 McKinney	0	818,485	12,135,923	0	0	68,686,005	NAP	NAP
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	377,000,000	26,869,593	64,583,916	0	0	468,453,509	NAP	NAP
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres							NAP	NAP
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland							NAP	173.54
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building							NAP	NAP
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square							NAP	NAP
20	Loan	135, 136, 137, 138	1	150 South Warner							NAP	NAP
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile							NAP	NAP
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing							NAP	NAP
23	Loan	152, 153	18	Teamshares Portfolio							NAP	NAP
23.01	Property		1	West Lebanon Feed & Supply							NAP	NAP
23.02	Property		1	Karl's Country Market							NAP	NAP
23.03	Property		1	Coronado Paint & Decorating							NAP	NAP
23.04	Property		1	RPM Carpets							NAP	NAP
23.05	Property		1	AW Brown Pet & Garden							NAP	NAP
23.06	Property		1	Eric Clark Industries							NAP	NAP
23.07	Property		1	Pizza Shuttle							NAP	NAP
23.08	Property		1	Old Town Market							NAP	NAP
23.09	Property		1	A&B Wood & Design							NAP	NAP
23.10	Property		1	Don & Millie's Harrison Street							NAP	NAP
23.11	Property		1	Don & Millie's West Center							NAP	NAP
23.12	Property		1	Don & Millie's Evans Street							NAP	NAP
23.13	Property		1	Don & Millie's Q Street							NAP	NAP
23.14	Property		1	Don & Millie's Pratt Ave							NAP	NAP
23.15	Property		1	B&M Clambake							NAP	NAP
23.16	Property		1	Thielen Meats of Pierz							NAP	NAP
23.17	Property		1	Popco Service							NAP	NAP
23.18	Property		1	Ned's Pizza							NAP	NAP
24	Loan	154	1	Westin Mount Laurel							12/31/2035	158.03
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center							NAP	NAP
26	Loan	159	1	5542 Grand River							NAP	NAP
27	Loan	160, 161	1	Rangeview & Trails End							NAP	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square							NAP	NAP
29	Loan	9, 172, 173, 174	1	Riverview Tower							NAP	NAP
30	Loan	175	1	Doubletree Laurel							10/31/2030	119.03
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower							NAP	NAP
32	Loan	180, 181	1	123 West Tryon Avenue							NAP	NAP
33	Loan	182	1	70 Grand Avenue							NAP	NAP
34	Loan	183, 184, 185	2	Storage Depot Portfolio							NAP	NAP
34.01	Property		1	Farmville Properties							NAP	NAP
34.02	Property		1	21528 Prince Edward Highway							NAP	NAP
35	Loan		1	Riviera Terrace							NAP	NAP
36	Loan		1	60 Warren Street							NAP	NAP
37	Loan		1	Cityline Carlisle Storage							NAP	NAP
38	Loan	186	1	400 Suydam							NAP	NAP

A-1-30

Benchmark 2023-V3 Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Underwritten RevPAR ($)

Underwritten Hotel Occupancy (%)

Most Recent ADR ($)

Most Recent RevPAR ($)

Most Recent Hotel Occupancy (%)

Second Most Recent ADR ($)

Second Most Recent RevPAR ($)

Second Most Recent Hotel Occupancy (%)

Third Most Recent ADR ($)

Loan

9, 10, 11, 12, 13, 14, 15

12800 Culver Boulevard

NAP

Loan

16, 17, 18, 19, 20

Brasswater Warehouse Portfolio

NAP

2.01

Property

6500 East Fourteen Mile Road

NAP

2.02

Property

30450-30500 Little Mack Avenue

NAP

Loan

21, 22, 23, 24, 25, 26, 27

ExchangeRight Net Leased Portfolio #63

NAP

3.01

Property

FedEx Ground - Brookfield (Image), MO

NAP

3.02

Property

Tops Friendly Market- Niagara Falls (Niagara), NY

NAP

3.03

Property

Schnucks - Rockford (Charles), IL

NAP

3.04

Property

Tractor Supply - Waretown (Rte 9), NJ

NAP

3.05

Property

BioLife- Pearland (Kirby), TX

NAP

3.06

Property

Daybreak Market - Pace (Hwy 90), FL

NAP

3.07

Property

Dollar Tree - Moore (Eastern), OK

NAP

3.08

Property

Dollar General - Eloy (Frontier), AZ

NAP

3.09

Property

Dollar Tree - Ingleside (TX-361), TX

NAP

3.10

Property

Dollar General - Chester (Lincoln), WV

NAP

3.11

Property

Dollar General - Johnstown (Horner), PA

NAP

3.12

Property

Dollar General Plus - Ashland (Cottage), OH

NAP

3.13

Property

Dollar General - Springfield (Grand), IL

NAP

3.14

Property

Dollar General - Owensboro (KY-25), KY

NAP

3.15

Property

Dollar General - Flint (Court), MI

NAP

Loan

28, 29, 30, 31, 32

963 Atlantic Avenue

NAP

Loan

9, 33, 34, 35, 36

Gateway Center South

NAP

Loan

9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49

Back Bay Office

NAP

Loan

9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59

Oxmoor Center

NAP

Loan

60, 61, 62, 63

500 Charles Ewing Boulevard

NAP

Loan

64, 65, 66, 67, 68, 69

Mission Grove Plaza

NAP

Loan

9, 70, 71, 72

Austin Multifamily Portfolio

NAP

10.01

Property

Starburst Apartments

NAP

10.02

Property

Orbit Apartments

NAP

Loan

73, 74, 75, 76, 77, 78, 79, 80

Tru by Hilton Orlando

119.17

83.3%

143.07

119.17

83.3%

137.46

111.27

80.9%

103.02

Loan

9, 81, 82, 83, 84, 85, 86, 87

Select Parking NYC Portfolio

NAP

12.01

Property

30, 40 and 60 East 9th Street

NAP

12.02

Property

260 West 87th Street

NAP

Loan

7, 9, 88, 89, 90, 91, 92

Heritage Plaza

NAP

Loan

93, 94

1001 McKinney

NAP

Loan

9, 95, 96, 97, 98, 99, 100, 101, 102, 103

Harborside 2-3

NAP

Loan

9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117

Green Acres

NAP

Loan

118, 119, 120, 121, 122

Hyatt Arcade Cleveland

106.20

61.2%

173.54

106.20

61.2%

174.04

107.73

61.9%

152.90

Loan

9, 123, 124, 125, 126, 127

The Widener Building

NAP

Loan

9, 128, 129, 130, 131, 132, 133, 134

One & Two Commerce Square

NAP

Loan

135, 136, 137, 138

150 South Warner

NAP

Loan

9, 139, 140, 141, 142, 143, 144

Miracle Mile

NAP

Loan

9, 145, 146, 147, 148, 149, 150, 151

Queens Crossing

NAP

Loan

152, 153

Teamshares Portfolio

NAP

23.01

Property

West Lebanon Feed & Supply

NAP

23.02

Property

Karl's Country Market

NAP

23.03

Property

Coronado Paint & Decorating

NAP

23.04

Property

RPM Carpets

NAP

23.05

Property

AW Brown Pet & Garden

NAP

23.06

Property

Eric Clark Industries

NAP

23.07

Property

Pizza Shuttle

NAP

23.08

Property

Old Town Market

NAP

23.09

Property

A&B Wood & Design

NAP

23.10

Property

Don & Millie's Harrison Street

NAP

23.11

Property

Don & Millie's West Center

NAP

23.12

Property

Don & Millie's Evans Street

NAP

23.13

Property

Don & Millie's Q Street

NAP

23.14

Property

Don & Millie's Pratt Ave

NAP

23.15

Property

B&M Clambake

NAP

23.16

Property

Thielen Meats of Pierz

NAP

23.17

Property

Popco Service

NAP

23.18

Property

Ned's Pizza

NAP

Loan

154

Westin Mount Laurel

122.95

77.8%

158.03

122.95

77.8%

153.03

115.94

75.8%

136.07

Loan

155, 156, 157, 158

Southern Mill Shopping Center

NAP

Loan

159

5542 Grand River

NAP

Loan

160, 161

Rangeview & Trails End

NAP

Loan

9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171

Scottsdale Fashion Square

NAP

Loan

9, 172, 173, 174

Riverview Tower

NAP

Loan

175

Doubletree Laurel

70.95

59.6%

119.03

70.95

59.6%

117.20

69.98

59.7%

100.75

Loan

9, 176, 177, 178, 179

Platinum Tower

NAP

Loan

180, 181

123 West Tryon Avenue

NAP

Loan

182

70 Grand Avenue

NAP

Loan

183, 184, 185

Storage Depot Portfolio

NAP

34.01

Property

Farmville Properties

NAP

34.02

Property

21528 Prince Edward Highway

NAP

Loan

Riviera Terrace

NAP

Loan

60 Warren Street

NAP

Loan

Cityline Carlisle Storage

NAP

Loan

186

400 Suydam

NAP

A-1-31

Benchmark 2023-V3 Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Third Most Recent RevPAR ($)	Third Most Recent Hotel Occupancy (%)

1	Loan	9, 10, 11, 12, 13, 14, 15	1	12800 Culver Boulevard	NAP	NAP
2	Loan	16, 17, 18, 19, 20	2	Brasswater Warehouse Portfolio	NAP	NAP
2.01	Property		1	6500 East Fourteen Mile Road	NAP	NAP
2.02	Property		1	30450-30500 Little Mack Avenue	NAP	NAP
3	Loan	21, 22, 23, 24, 25, 26, 27	15	ExchangeRight Net Leased Portfolio #63	NAP	NAP
3.01	Property		1	FedEx Ground - Brookfield (Image), MO	NAP	NAP
3.02	Property		1	Tops Friendly Market- Niagara Falls (Niagara), NY	NAP	NAP
3.03	Property		1	Schnucks - Rockford (Charles), IL	NAP	NAP
3.04	Property		1	Tractor Supply - Waretown (Rte 9), NJ	NAP	NAP
3.05	Property		1	BioLife- Pearland (Kirby), TX	NAP	NAP
3.06	Property		1	Daybreak Market - Pace (Hwy 90), FL	NAP	NAP
3.07	Property		1	Dollar Tree - Moore (Eastern), OK	NAP	NAP
3.08	Property		1	Dollar General - Eloy (Frontier), AZ	NAP	NAP
3.09	Property		1	Dollar Tree - Ingleside (TX-361), TX	NAP	NAP
3.10	Property		1	Dollar General - Chester (Lincoln), WV	NAP	NAP
3.11	Property		1	Dollar General - Johnstown (Horner), PA	NAP	NAP
3.12	Property		1	Dollar General Plus - Ashland (Cottage), OH	NAP	NAP
3.13	Property		1	Dollar General - Springfield (Grand), IL	NAP	NAP
3.14	Property		1	Dollar General - Owensboro (KY-25), KY	NAP	NAP
3.15	Property		1	Dollar General - Flint (Court), MI	NAP	NAP
4	Loan	28, 29, 30, 31, 32	1	963 Atlantic Avenue	NAP	NAP
5	Loan	9, 33, 34, 35, 36	1	Gateway Center South	NAP	NAP
6	Loan	9, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49	1	Back Bay Office	NAP	NAP
7	Loan	9, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59	1	Oxmoor Center	NAP	NAP
8	Loan	60, 61, 62, 63	1	500 Charles Ewing Boulevard	NAP	NAP
9	Loan	64, 65, 66, 67, 68, 69	1	Mission Grove Plaza	NAP	NAP
10	Loan	9, 70, 71, 72	2	Austin Multifamily Portfolio	NAP	NAP
10.01	Property		1	Starburst Apartments	NAP	NAP
10.02	Property		1	Orbit Apartments	NAP	NAP
11	Loan	73, 74, 75, 76, 77, 78, 79, 80	1	Tru by Hilton Orlando	60.63	58.9%
12	Loan	9, 81, 82, 83, 84, 85, 86, 87	2	Select Parking NYC Portfolio	NAP	NAP
12.01	Property		1	30, 40 and 60 East 9th Street	NAP	NAP
12.02	Property		1	260 West 87th Street	NAP	NAP
13	Loan	7, 9, 88, 89, 90, 91, 92	1	Heritage Plaza	NAP	NAP
14	Loan	93, 94	1	1001 McKinney	NAP	NAP
15	Loan	9, 95, 96, 97, 98, 99, 100, 101, 102, 103	1	Harborside 2-3	NAP	NAP
16	Loan	9, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117	1	Green Acres	NAP	NAP
17	Loan	118, 119, 120, 121, 122	1	Hyatt Arcade Cleveland	85.34	55.8%
18	Loan	9, 123, 124, 125, 126, 127	1	The Widener Building	NAP	NAP
19	Loan	9, 128, 129, 130, 131, 132, 133, 134	1	One & Two Commerce Square	NAP	NAP
20	Loan	135, 136, 137, 138	1	150 South Warner	NAP	NAP
21	Loan	9, 139, 140, 141, 142, 143, 144	1	Miracle Mile	NAP	NAP
22	Loan	9, 145, 146, 147, 148, 149, 150, 151	1	Queens Crossing	NAP	NAP
23	Loan	152, 153	18	Teamshares Portfolio	NAP	NAP
23.01	Property		1	West Lebanon Feed & Supply	NAP	NAP
23.02	Property		1	Karl's Country Market	NAP	NAP
23.03	Property		1	Coronado Paint & Decorating	NAP	NAP
23.04	Property		1	RPM Carpets	NAP	NAP
23.05	Property		1	AW Brown Pet & Garden	NAP	NAP
23.06	Property		1	Eric Clark Industries	NAP	NAP
23.07	Property		1	Pizza Shuttle	NAP	NAP
23.08	Property		1	Old Town Market	NAP	NAP
23.09	Property		1	A&B Wood & Design	NAP	NAP
23.10	Property		1	Don & Millie's Harrison Street	NAP	NAP
23.11	Property		1	Don & Millie's West Center	NAP	NAP
23.12	Property		1	Don & Millie's Evans Street	NAP	NAP
23.13	Property		1	Don & Millie's Q Street	NAP	NAP
23.14	Property		1	Don & Millie's Pratt Ave	NAP	NAP
23.15	Property		1	B&M Clambake	NAP	NAP
23.16	Property		1	Thielen Meats of Pierz	NAP	NAP
23.17	Property		1	Popco Service	NAP	NAP
23.18	Property		1	Ned's Pizza	NAP	NAP
24	Loan	154	1	Westin Mount Laurel	93.98	69.1%
25	Loan	155, 156, 157, 158	1	Southern Mill Shopping Center	NAP	NAP
26	Loan	159	1	5542 Grand River	NAP	NAP
27	Loan	160, 161	1	Rangeview & Trails End	NAP	NAP
28	Loan	9, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171	1	Scottsdale Fashion Square	NAP	NAP
29	Loan	9, 172, 173, 174	1	Riverview Tower	NAP	NAP
30	Loan	175	1	Doubletree Laurel	48.41	48.0%
31	Loan	9, 176, 177, 178, 179	1	Platinum Tower	NAP	NAP
32	Loan	180, 181	1	123 West Tryon Avenue	NAP	NAP
33	Loan	182	1	70 Grand Avenue	NAP	NAP
34	Loan	183, 184, 185	2	Storage Depot Portfolio	NAP	NAP
34.01	Property		1	Farmville Properties	NAP	NAP
34.02	Property		1	21528 Prince Edward Highway	NAP	NAP
35	Loan		1	Riviera Terrace	NAP	NAP
36	Loan		1	60 Warren Street	NAP	NAP
37	Loan		1	Cityline Carlisle Storage	NAP	NAP
38	Loan	186	1	400 Suydam	NAP	NAP

A-1-32

Footnotes to Annex A-1

(1)	The Administrative Fee Rate % includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Certificate Administrator/Trustee Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC^® Intellectual Property Royalty License Fee Rate applicable to each Mortgage Loan.

(2)	The Monthly Debt Service (P&I) and Annual Debt Service (P&I) ($) shown for Mortgage Loans with a partial interest-only period reflects the amount payable after the expiration of the interest-only period.

(3)	The open period is inclusive of the Maturity Date or Anticipated Repayment Date.

(4)	Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) is calculated based on amortizing debt service payments (except for interest-only loans).

(5)	Leased Occupancy (%) reflects tenants that have signed leases, but are not yet in occupancy or may not be paying rent.

(6)	The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the lease.

(7)	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.

(8)	If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field "Sources: Principal's New Cash Contribution ($)" reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.

(9)	The Mortgage Loan is part of a Whole Loan structure. Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan Per Unit ($) calculations are based on the Mortgage Loan and any related Pari Passu Companion Loans, if applicable, but exclude any related Subordinate Companion Loans.

(10)	The Mortgage Loan is part of a Whole Loan that was co-originated by Barclays Capital Real Estate, Inc. and Deutsche Bank AG, New York Branch.

(11)	A Grace Period - Late Fee (Days) of five days is allowed once per 12-month period.

(12)	The Largest Tenant, DIRECTV, LLC, leases 85,000 square feet of space for satellite pads.

(13)	The historical cash flows are not available as the Mortgaged Property was acquired in 2023.

(14)	At the lender’s option, the monthly escrows for the payment of insurance premiums will be waived if the insurance policy maintained by the borrower is under an acceptable blanket policy or if the borrower provides evidence of timely payment of insurance premiums prior to delinquency or the lender otherwise obtains verification of payment directly from the borrower's insurance agent (without the obligation to seek such verification) and there is no continuing material event of default for a period in excess of 30 or more consecutive days. On up to three (3) occasions during the loan term, the waiver can be reinstated if the borrower does not provide timely evidence of payment but subsequently makes the required payment together with any interest and penalties. If the foregoing conditions are not satisfied, at the lender's option, on each monthly payment date, the borrower is required to

A-1-33


	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 expiration thereof.

(15)	On each monthly payment date during a specified tenant sweep period, the borrower is required to deposit into a replacement reserve an amount equal to $3,700.

(16)	The Largest Tenant at the 6500 East Fourteen Mile Road Mortgaged Property, Gardner White Furniture, leases 115,000 SF of space that expires in May 2027 and 160,800 SF of space that expires in May 2032.

(17)	The sole tenant at the 30450-30500 Little Mack Avenue Mortgaged Property, Blue Bell Mattress Company, subleases its entire premises from the sublandlord, Art Van Furniture, LLC pursuant to a sublease agreement dated December 8, 2017. The sublease commenced on March 31, 2018 and expires in February 2037 with the tenant currently paying annualized rent of $508,545.12 for the period from April 1, 2023 to March 31, 2024 with no termination options.

(18)	The sole tenant at the 30450-30500 Little Mack Avenue Mortgaged Property, Blue Bell Mattress Company, subleases its entire premises to Anji Logistics USA, Inc. pursuant to a sub-sublease agreement effective October 1, 2020, which expires November 30, 2025. For the period of December 1, 2022 to November 30, 2023, Anji Logistics USA, Inc. will pay an annual rent of $576,098.88.

(19)	Historical cash flows are unavailable for the Brasswater Warehouse Portfolio Mortgage Loan as the sponsor acquired both Mortgaged Properties in 2021.

(20)	The 30450-30500 Little Mack Avenue Mortgaged Property is subject to a master lease dated March 2, 2017 as amended by the first amendment dated March 24, 2017 and as further amended by the second amendment dated October 1, 2020 between LCN AVF Warren (MI) LLC as landlord and AVF Legacy LLC as assignee to the assignment by the original tenant Art Van Furniture, LLC as tenant with an expiration date of February 2037.

(21)	The Cut-off Date LTV Ratio and Maturity Date LTV Ratio were calculated using the “At Lease Commencement” appraised value for the Dollar Tree - Moore (Eastern), OK Mortgaged Property.

(22)	A Grace Period - Late Fee (Days) of five days is allowed.

(23)	A Grace Period - Default (Days) of five days is allowed.

(24)	On any payment date after the second anniversary of the Closing Date, the Mortgage Loan documents permit the borrower to obtain the release of any individual Mortgaged Property in connection with a bona fide third-party sale provided that, among other conditions, (i) the sale of such individual Mortgaged Property is pursuant to an arms-length agreement to an unaffiliated third party, (ii) the borrower defeases the Mortgage Loan in an amount equal to the greater of (x) 90% of the net sales proceeds for the individual Mortgaged Property to be released and (y) 115% of the allocated loan amount for the individual Mortgaged Property to be released, (iii) after giving effect to such release, (x) the debt service coverage ratio for the remaining Mortgaged Properties is no less than the greater of (1) the debt service coverage ratio immediately preceding such release and (2) 2.20x, and (y) the debt yield for the remaining Mortgaged Properties is no less than the greater of (1) the debt yield immediately preceding such release and (2) 12.60% and (iv) the borrower satisfies customary REMIC requirements.

(25)	The historical cash flows are not available as all Mortgaged Properties were acquired in 2023.

(26)	On each payment date when an event of default has occurred and is continuing, the borrower is required to deposit into a replacement reserve an amount equal to 1/12th of the product obtained by multiplying $0.15 by the aggregated rentable square feet of space at the Mortgaged Properties, initially $4,203.43 per month.

(27)	On each monthly payment date when an event of default has occurred and is continuing, the borrower is required to deposit into a rollover reserve an amount equal to 1/12th of the product obtained by multiplying $0.70 by the aggregated rentable square feet of space at the Mortgaged Properties, initially $29,987.83 per month.

(28)	The borrower deposited into an eligible account upon closing an amount equal to $6,800,000 (the "Holdback Reserve Funds") . The lender is required to disburse the applicable Holdback Reserve Funds to the borrower (if no trigger period exists, and if a trigger period exists, into the cash management account) upon (i) satisfaction of the debt yield being equal to or exceeding 9% and (ii) satisfactory evidence that (a) in connection with disbursement of up to 25% of total original amount of the Holdback Reserve Funds (in the aggregate together with

A-1-34

	all prior disbursements of Holdback Reserve Funds), at least 25% of the affordable units at the Mortgaged Property are occupied pursuant to executed leases, (b) in connection with disbursement of up to 50% of total original amount of the Holdback Reserve Funds (in the aggregate together with all prior disbursements of Holdback Reserve Funds), at least 50% of the affordable units at the Mortgaged Property are occupied pursuant to executed leases, (c) in connection with disbursement of up to 75% of total original amount of the Holdback Reserve Funds (in the aggregate together with all prior disbursements of Holdback Reserve Funds), at least 75% of the affordable units at the Mortgaged Property are occupied pursuant to executed leases, and (d) in connection with disbursement of up to 100% of total original amount of the Holdback Reserve Funds (in the aggregate together with all prior disbursements of Holdback Reserve Funds), at least 100% of the affordable units at the Mortgaged Property are occupied pursuant to executed leases.

(29)	The Mortgaged Property is comprised of a nine-story building totaling 124 multifamily units (67,221 SF) and one commercial unit comprising 5,050 SF.

(30)	Historical cash flows are unavailable for the 963 Atlantic Avenue Mortgage Loan as the Mortgaged Property was built in 2023.

(31)	The borrower will deposit into an eligible account held by the lender or servicer (the “Leasing Reserve Account”) on each monthly payment date $421 for tenant improvements and leasing commissions. Notwithstanding the foregoing, the borrower will not be required to deposit the leasing reserve monthly deposit on any monthly payment date on which the entire leasable commercial area at the Mortgaged Property (i.e. 5,050 square feet) is subject to one or more leases with initial terms of at least 10 years.

(32)	The 963 Atlantic Avenue Mortgage Loan will be subject to a 35-year Section 421-a Affordable Housing NY Program tax abatement in which 100% of eligible taxes are abated for the first 25 years. For the remaining 10 years, the 963 Atlantic Avenue Mortgage Loan will receive a 30% exemption which equals the percentage of affordable units at the property.

(33)	The Mortgage Loan is part of a Whole Loan that was co-originated by DBR Investments Co. Limited and Wells Fargo Bank, National Association.

(34)	The defeasance lockout period will be at least 25 months beginning with and including the first payment date on July 5, 2023. Defeasance of the Gateway Center South Whole Loan, in whole, but not in part, is permitted at any time after the earlier of (i) the third anniversary of the first monthly payment date and (ii) two years from the “startup day” of the REMIC which holds the portion of the Gateway Center South Whole Loan last contributed to a securitization. In addition, on any business day on and after June 5, 2025, voluntary prepayment of the Gateway Center South Whole Loan is permitted, together with, if such voluntary prepayment occurs prior to December 5, 2027, a prepayment fee equal to the greater of (x) 1.00% of the principal amount of the Gateway Center South Whole Loan being prepaid and (y) a yield maintenance premium. For the purpose of calculating the assumed lockout period under clause (ii) of the second sentence of this paragraph, the “startup day” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(35)	A Grace Period - Late Fee (Days) of five days is permitted twice during any 12-month period.

(36)	The Mortgaged Property benefits from an ICIP tax abatement, which provides for a 50% exemption in the 2022/2023 and 2023/2024 tax years, which then phases down by 10% annually, resulting in a 40% exemption in the 2024/2025 tax year, a 30% exemption in the 2025/2026 tax year, a 20% exemption in the 2026/2027 tax year, and a 10% exemption in the 2027/2028 tax year, and expires thereafter. The Gateway Center South Whole Loan was underwritten based on the abated taxes.

(37)	The Mortgage Loan is part of a Whole Loan that was co-originated by Deutsche Bank AG, New York Branch, Goldman Sachs Bank USA, Wells Fargo Bank, National Association, New York Life Insurance Company, and Teachers Insurance and Annuity Association of America.

(38)	The Back Bay Office Whole Loan is a Pari Passu-AB Whole Loan, and the controlling note as of the date hereof is the Note B-1. Upon the occurrence of certain trigger events specified in the co-lender agreement, however, control will generally shift first, to the Note A-1, then to the Note A-2 and then to the Note A-4-1, in each case, following certain trigger events under the co-lender agreement. Notwithstanding the foregoing, the Back Bay Office Whole Loan will be serviced and administered under the Benchmark 2023-B39 Pooling and Servicing Agreement. See “Description of the Mortgage Pool—The Whole Loans—The Non-Serviced AB Whole Loan—The Back Bay

A-1-35


	Office Whole Loan” for more information regarding the manner in which control shifts under the Back Bay Office Whole Loan and the servicing of the Back Bay Office Whole Loan.

(39)	The lockout period will be at least 24 months beginning with and including the first payment date on August 6, 2023. Defeasance of the Back Bay Office Whole Loan, or prepayment of the Back Bay Office Whole Loan (together with, if prior to the payment date in January 2028, a prepayment fee equal to the greater of 1% of the unpaid principal balance and a yield maintenance premium) in full, but not in part, is permitted at any time after the earlier of (i) June 7, 2026 and (ii) the second anniversary of the date on which the entire Back Bay Office Whole Loan (other than Note A-1, Note A-2, Note B-1 and Note B-2) has been securitized. For the purpose of calculating the assumed lockout period under clause (ii) of the prior sentence, the “securitization date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(40)	RICP V Holdings, LLC has provided $40.0 million of mezzanine financing secured by the equity interests in the related borrower. The mezzanine loan is coterminous with the Back Bay Office Whole Loan and will require interest-only payments through maturity at a fixed coupon of 10.12500%.

(41)	The Back Bay Office Whole Loan has two subordinate B-Notes with an aggregate principal balance of $65,000,000 co-originated by Deutsche Bank AG, New York Branch and Wells Fargo Bank, National Association with an interest rate of 8.20000%.

(42)	The Appraised Value ($) represents the “As Is (Extraordinary Assumption)” appraised value subject to the extraordinary assumption that approximately $67,600,000 has been reserved for leasing costs. Due to the time passed since the appraisal date, the leasing cost escrow amount under the loan agreement was reduced to $57,860,629. All outstanding leasing costs at the time of loan origination were reserved upfront.

(43)	The Largest Tenant, Wayfair, is currently dark in the entirety of its space. As of the origination date, Wayfair is current on rent and has no termination or contraction options during its lease term expiring in December 2031.

(44)	The Largest Tenant, Wayfair, subleases 19,523 SF (representing 1.5% of total NRA at the Back Bay Office Mortgaged Property) of its space to Drift.com for $57.50 per SF pursuant to a sublease which expires on December 31, 2024.

(45)	The Second Largest Tenant, DraftKings Inc., has the right to terminate its lease as of the last day of the seventh lease year (March 10, 2026) with between 18 to 21 months’ written notice and the payment of a termination fee equal to three months of base rent for the period immediately following the termination date and the unamortized transaction costs.

(46)	The Fourth Largest Tenant, Cooley, has the one time right to terminate its space on the 16th floor (14,562 SF) as of May 31, 2025 with between 12 to 18 months' written notice and the payment of a termination fee equal to three months of net rent and operating costs for the period immediately following the termination option, plus the unamortized pro-rata extension transaction cost.

(47)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by six leases which commenced in October 2022 or later, representing 11.6% of the net rentable area, the rent average benefit for investment grade and law firm tenants included in a legal industry magazine listing of the top 100 United States law firms by revenue, contractual rent steps, and an increase in recoveries.

(48)	With respect to the cash management trigger, the low debt yield trigger will activate if the debt yield is less than 9.10% for the Back Bay Office Whole Loan or the aggregate debt yield is less than 8.50% for the Back Bay Office Whole Loan and Back Bay Office Mezzanine Loan.

(49)	The borrower is not required to make monthly deposits into the TI/LC reserve account until the Upfront TI/LC Reserve of $26,723,400 is less than or equal to $15,000,000. Upon this event, the borrower will be required to deposit $213,969 into the TI/LC reserve account on a monthly basis.

(50)	The Mortgage Loan is part of a Whole Loan that was co-originated by Barclays Capital Real Estate Inc. and Societe Generale Financial Corporation.

(51)	The lockout period will be at least 25 payment dates beginning with and including the first payment date in July 2023. Defeasance of the Oxmoor Center Whole Loan in full is permitted at any time on or after the earlier to occur

A-1-36


	of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) May 25, 2026. For the purpose of calculating the assumed lockout period under clause (i) of the prior sentence, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(52)	The borrower may release one or more parcels, including air rights parcels, or outlets, expansion parcels and, if applicable, any anchor parcel upon satisfaction of certain conditions, including, among other things: (i) the release parcels (other than Expansion Parcels) are required to be (a) vacant, non-income producing and unimproved unless waived by the lender, (b) non-income producing and improved only by landscaping, utility facilities that are not required for the remaining parcels, or (c) non-income producing surface parking spaces, (ii) the loan-to-value ratio following the release are required to be less than or equal to 125%, provided that the borrower may prepay the qualified amount with payment of any applicable yield maintenance premium to meet the loan-to-value ratio, and (iii) payment of $25,000.

(53)	The Largest Tenant, Macy’s, occupies 271,390 square feet that expires on January 31, 2026, and 6,951 square feet of storage space that expires on July 31, 2025.

(54)	On each monthly payment date during a cash management period (other than a cash management period due solely to the occurrence of an anchor tenant trigger event), the borrower is required to deposit into a replacement reserve an amount equal to $7,641.19, provided that the borrower’s obligation to make deposits into the replacement reserves will be suspended during any period in which the amounts on deposit in the replacement reserve equal or exceed $183,388.50.

(55)	On each monthly payment date during a cash management period (other than a cash management period due solely to the occurrence of an anchor tenant trigger event), the borrower is required to deposit an amount of $45,847.13 into the rollover reserve account provided that the borrower’s obligation to make deposits in the rollover reserve will be suspended during any period in which the amounts on deposit in the rollover reserve equal or exceed $1,100,331 (the “Rollover Reserve Threshold”). Notwithstanding the Rollover Reserve Threshold, all lease termination payments received in connection with the leases will be promptly deposited into the rollover reserve account to the extent received (a) during any cash management period (other than a cash management period due solely to the occurrence of an anchor tenant trigger event) and (b) in connection with any lease, the loss of rent under which would cause the debt yield to fall below 11.0%.

(56)	On each monthly payment date during the continuance of a cash management period, the borrower is required to deposit with the lender an amount equal to 1/12th of the taxes that the lender estimates will be payable during the next ensuing 12 months.

(57)	On each monthly payment date during the continuance of a cash management period, the borrower is required to deposit with the lender 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 expiration thereof in order to accumulate sufficient funds to pay all such insurance premiums at least 10 days prior to the expiration of the policies. However, such requirement will be waived if the borrower provides evidence of an acceptable blanket policy to the lender and the insurance premiums payable have been prepaid for not less than one year in advance.

(58)	On each monthly payment date during the continuance of a cash management period, the borrower is required to pay to the lender on the day that is 10 days prior to the date that rent is due under the terms of the ground lease, an amount equal to 1/12th of the annual amount of ground rent due by the borrower under the ground lease; such monthly deposit is not required if sufficient funds are available pursuant to the terms and provisions of the cash management agreement to make any applicable monthly ground rent deposit.

(59)	The Mortgaged Property is ground leased by the borrower, as the ground lessee, under a ground lease with WMB 2, LLC and TWB Oxmoor 2, LLC, as successor-in-interest to PNC Bank, Kentucky, Inc, the trustee of the Trust under the Will of William Marshall Bullitt, Deceased and Stock Yards Bank & Trust Company and the Trust under the Will of Thomas W. Bullitt, Deceased, as the ground lessor. The borrower assumed the ground lease on May 6, 2003, which expires on September 30, 2057 and has two, 20-year remaining extension options. The current rent is $1,209,919.80 per annum, subject to increases of 3% per annum as set forth in the ground lease. However, rent is scheduled to reset every 20 years equal to the greater of (x) 8% of fair market value and (y) rent from five years prior to the reset. The ground lessee’s interest in the ground lease is freely assignable to the lender without

A-1-37


	the consent of the ground lessor and, in the event that it is so assigned, is further assignable by the lender without the need to obtain the consent of the ground lessor.

(60)	The Mortgaged Property was previously unencumbered. Loan proceeds, less closing costs and stub interest were returned to the borrower sponsor and are expected to be allocated towards the paydown of a corporate level revolving debt facility in conjunction with the merger of Office Properties Income Trust and Diversified Healthcare Trust. In connection with such merger, the lender and the borrower sponsor entered into a debt commitment letter, pursuant to which, subject to the terms and conditions of the debt commitment letter, the lender has committed to provide a senior secured bridge facility to the subsidiaries of the borrower sponsor. See “Description of the Mortgage Pool—Additional Indebtedness—Other Unsecured Indebtedness” in the Preliminary Prospectus for additional information.

(61)	The sole tenant at the Mortgaged Property, Church & Dwight, has a right of first offer with respect to the Mortgaged Property. In October 2013, the landlord delivered a first offer notice (the “First Offer Notice") to Church & Dwight in accordance with its lease, and Church & Dwight elected not to exercise such right of first offer with respect to the First Offer Notice. Subject to the terms of the Church & Dwight lease, if the borrower desires to sell the Mortgaged Property to another party free of any mortgage indebtedness at an all-cash price substantially more favorable than the terms set forth in the First Offer Notice, then the borrower must first re-offer to sell the Mortgaged Property to Church & Dwight on such terms. See “Description of the Mortgage Pool—Tenant Issues—Purchase Options and Rights of First Refusal” in the Preliminary Prospectus for additional information.

(62)	The 500 Charles Ewing Boulevard Mortgaged Property is subject to a condominium structure comprised of five total units. Pursuant to the condominium master deed, the borrower sponsor owns one unit out of the five total units, and approximately 35.5% of the interest in the condominium’s common elements (“Common Interest”). Accordingly, the related Mortgaged Property is responsible for 35.5% of the annual condominium charges determined by the board of directors. The condominium association is managed by a board of directors comprised of a total of five directors, with each unit owner having the right to appoint one director to the board and each such director entitled to cast one vote in matters presented before the board, which vote will hold the value equal to the amount of Common Interest held by the respective unit owner. Certain major decisions, including, without limitation, amending condominium declaration and bylaws, require at least 80% of the Common Interest. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium Interests and Other Shared Interests” in the Preliminary Prospectus for additional information.

(63)	The sole tenant at the Mortgaged Property, Church & Dwight, has a free rent period beginning in February 2033 and ending in May 2033, all of which is beyond the maturity date of the Mortgage Loan.

(64)	The Appraised Value ($) includes a vacant parcel formerly occupied by Kmart (the “Kmart Parcel”). The appraiser concluded the value of the Mortgaged Property excluding the Kmart Parcel would be $82,000,000. The borrower sponsors intend to sell the Kmart Parcel and are currently in escrow with a multifamily developer and expect the sale to occur in the first quarter of 2024 after the developer receives full entitlements and the Kmart Parcel is rezoned for multifamily use. The Mortgage Loan documents allow for the free release of the Kmart Parcel.

(65)	Based on the Appraised Value ($) of $82,000,000, which excludes the Kmart Parcel, the Cut-off Date LTV Ratio (%) and LTV Ratio (%) at Maturity / ARD (%) are each 45.1%.

(66)	The borrower will not be required to make monthly deposits in the basic carrying costs escrow account in respect of any property taxes which are solely the obligation of any of the tenants doing business as IHOP, Bank of America, Cactus Cantina, Mission Grove Car Wash, McDonald's and Taco Bell (each, a "Direct Payment Tenant") and which property taxes are paid directly to the taxing authority by such Direct Payment Tenant.

(67)	The Upfront Other Reserve ($) consists of a $49,500 Unfunded Obligations reserve in connection with certain tenant improvement obligations with respect to Poke Lounge and Expedia Cruises.

(68)	Neither the Total Occupancy (%) as of May 31, 2023 nor the Owned Occupancy as of May 31, 2023 includes the vacant parcel formerly occupied by Kmart (the "Kmart Parcel"), nor the 37,651 SF anchor box, formerly leased to Stein Mart, for which the borrower sponsor executed an approximately 15-year lease with EOS Fitness at $23.50 per SF after an initial free rent lease period of four months, which will bring the occupancy to 99.2% leased. The EOS Fitness tenant is expected to take occupancy in April 2024 and is not included in the underwriting. We cannot assure you that EOS Fitness will take occupancy or begin paying rent as expected or at all.

A-1-38


(69)	The Total Occupancy (%) as of May 31, 2023 includes a 2,320 SF parcel for which the borrower sponsor executed a 5-year lease with Canyon Crest Winery (Qadros Enterprises) at $41.73 per SF. The tenant is expected to take occupancy in August 2023. We cannot assure you that Canyon Crest Winery (Qadros Enterprises) will take occupancy or begin paying rent as expected or at all.

(70)	Historical cash flows are unavailable at the Austin Multifamily Portfolio Mortgaged Properties as the borrower sponsors renovated the units between 2019 and 2022.

(71)	The cash flow analysis relies on the T-3 annualized period for the most recent period to reflect the performances of the Starburst Apartments Mortgaged Property and Orbit Apartments Mortgaged Property following the renovations, which included upgrades to 397 units across the portfolio.

(72)	The borrowers are required to deposit into a debt yield reserve, within 90 days of the origination date of the Austin Multifamily Portfolio Whole Loan, an amount equal to $2,000,000 in the form of cash or a letter of credit. Upon the occurrence of the Collateral Cure Conditions, the funds in the debt yield reserve account will be disbursed to the borrowers. "Collateral Cure Conditions" will exist provided that the debt yield is equal to or greater than 9.0% for two consecutive calendar quarters and further provided that no event of default is ongoing.

(73)	The Mortgage Loan, for which GACC is the Mortgage Loan Seller, was originated by BSPRT CMBS Finance, LLC, an unaffiliated third-party, and is expected to be purchased by GACC on or prior to the Closing Date.

(74)	The borrower is required to deposit 1/12th of four percent (4%) of the greater of (i) gross revenues for the Mortgaged Property in the preceding calendar year or (ii) the projected gross revenues for the Mortgaged Property for the current calendar year into the FF&E Reserve on each payment date.

(75)	The borrower is required to deposit $13,500 into a seasonality reserve during the calendar months of January, February, March, April, June, July, September, October, November, and December. The lender is required to disburse available funds in such account during the months of August and May to the extent that the lender has determined in its reasonable discretion that there are insufficient funds in the cash management account to make required monthly payments during such months.

(76)	The Monthly Other Reserve ($) includes an in-place seasonality reserve and a springing PIP reserve. Once a PIP is imposed by the franchisor pursuant to the franchise agreement, the borrower is required to deposit an amount equal to 110% of the sum required to pay for such PIP into the PIP reserve account.

(77)	The fourth most recent cash flows are unavailable as the Mortgaged Property was constructed in 2020.

(78)	The sole member of the Mortgage Loan borrower (the “EB-5 Borrower”) has a loan (the "EB-5 Loan") from EDG Orlando EB-5 LLC (the “EB-5 Lender”). The EB-5 Loan is secured by a pledge of the EB-5 Borrower’s 100% equity interest in the mortgage borrower. The EB-5 Lender is managed by an affiliate of the mortgage borrower that is controlled by the non-recourse carveout guarantor. The EB-5 Loan was funded by capital contributions to the EB-5 Lender from investors who invested in the EB-5 Lender pursuant to the United States EB-5 immigrant visa investor program, which allows a foreign national to obtain a visa by making an investment in a United States entity that satisfies certain requirements (“EB-5 Investors”). The EB-5 Loan was originated in 2017 in the original principal amount of $16,000,000, had an outstanding principal balance as of the Mortgage Loan origination date of $10,500,000 (after giving effect to various prepayments, including a $500,000 prepayment from proceeds of the Mortgage Loan) and bears interest at the rate of 4.5% per annum. In connection with the origination of the Mortgage Loan, the maturity date of the EB-5 Loan was extended to December 31, 2028, which is later than the Mortgage Loan maturity date of July 6, 2028. The lender under the Tru by Hilton Orlando Mortgage Loan and the EB-5 Lender entered into a subordination and standstill agreement (the “Subordination Agreement”), which provides that all payments on the EB-5 Loan are fully subordinated to the Mortgage Loan, provided that, so long as no cash sweep period under the Mortgage Loan is in effect, monthly, deferred, or other accrued interest due and payable on the EB-5 Loan may be paid from excess cash flow distributed from the Mortgage Loan borrower to the EB-5 Borrower. Inclusive of the EB-5 Loan, with an interest rate of 4.50000%, the debt service coverage ratio based on underwritten net operating income/underwritten net cash flow, debt yield based on underwritten net operating income/underwritten net cash flow, Cut-off Date LTV Ratio and Maturity Date LTV Ratio for the Tru by Hilton Orlando total debt would be 1.59x/ 1.45x, 12.1%/ 11.0%, 73.8% and 73.8%, respectively. In addition, EB-5 Equity Investor, LLC invested $4,000,000 in preferred equity in the EB-5 Borrower. See “Description of the Mortgage Pool—Additional Indebtedness—Mezzanine Indebtedness” and “—Preferred Equity.”

A-1-39


(79)	The Subordination Agreement also provides that the EB-5 Lender will not (i) transfer any of its beneficial interest in the EB-5 Loan, (ii) exercise any enforcement action prior to giving the mortgage lender notice and either (a) a 180 day period during which the mortgage lender will have the exclusive right to institute and prosecute an enforcement action with respect to the Mortgage Loan or (b) a 90 day period to waive the mortgage lender’s right to institute and prosecute an enforcement action with respect to the Mortgage Loan, (iii) enter into any amendment, modification, extension, increase, renewal, replacement, consolidation, supplement or waiver of the EB-5 Loan without the mortgage lender’s consent or (iv) solicit, direct or cause the mortgage borrower, EB-5 Borrower or any entity which controls either of them to commence bankruptcy proceedings, have the mortgage borrower or EB-5 Borrower adjudicated bankrupt or insolvent, file a petition seeking reorganization, arrangement, adjustment, winding-up, dissolution or other relief by or on behalf of the mortgage borrower or EB-5 Borrower, seek or consent to the appointment of a receiver for the mortgage borrower, EB-5 Borrower or the Mortgaged Property, or seek to consolidate the Mortgaged Property or any other assets of the mortgage borrower with the assets of the EB-5 Borrower. Notwithstanding such provisions of the Subordination Agreement, the Mortgage Loan documents provide that an immediate violation of the Mortgage Loan documents will be deemed to have occurred upon (a) any exercise (including any attempt to exercise) by the EB-5 Lender of any rights or remedies pursuant to the EB-5 Loan documents or (b) any default, event of default or other violation of the Subordination Agreement by the EB-5 Lender which is not cured or waived in accordance with the Subordination Agreement.

(80)	At origination, $500,000 of loan proceeds were distributed to the EB-5 Borrower and used to repay a portion of the EB-5 Loan to an EB-5 investor which withdrew their EB-5 petition.

(81)	If at any time the condominium assessment reserve is less than one month’s worth of assessments, the borrower is required to make a deposit into the condominium assessments reserve account in the amount sufficient to pay one month’s worth of assessments for the condominium.

(82)	The sole tenant at each of the Select Parking NYC Portfolio properties is an affiliate of the borrower sponsor and carveout guarantor who also guarantees the lease.

(83)	The Select Parking NYC Portfolio Mortgaged Properties are subject to a lease with affiliates of the borrower expiring April 30, 2033.

(84)	Based on the underwritten rent roll dated May 1, 2023, 100% of parking spaces at each Mortgaged Property are leased to an affiliate of the borrower sponsor and non-recourse carveout guarantor (who personally guarantees the lease) pursuant to a lease dated as of May 1, 2023. The historical cashflows represent the actual parking operations as there were no leases in place in these periods.

(85)	Occupancy represents the in-place lease to an affiliate of the borrower.

(86)	The lockout period will be at least 25 payment dates beginning with and including the first payment date in July 2023. Defeasance of the Select Parking NYC Portfolio Whole Loan in full is permitted at any time after the earlier to occur of (i) May 25, 2027 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. For the purpose of calculating the assumed lockout period under clause (ii) of the prior sentence, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(87)	The historical financial information for year 2020 is not available because the borrower sponsor acquired the Mortgaged Properties in 2021.

(88)	The Mortgage Loan is part of a Whole Loan that was co-originated by Goldman Sachs Bank USA and Morgan Stanley Bank, N.A.

(89)	The borrower is required to pay to the lender, concurrently with the closing of a prospective transfer, non-refundable assumption fees in an amount equal to $250,000 (or, if material modifications of the loan documents are required in connection with such transfer due to a request by the borrower or the transferee, an amount equal to $350,000).

(90)	A Grace Period - Late Fee (Days) of five days is allowed once per 12-month period.

(91)	There is a 10% credit for the $5.0 million upfront TI/LC reserve.

A-1-40


(92)	The Fourth Largest Tenant, Lime Rock Management LP, extended its lease through October 31, 2029 after the loan origination date. The tenant has the option to extend its lease, as amended, to the date that is 135 full calendar months (the "Ten-Year Option") following the first extension period commencement date of April 1, 2024. In the event the tenant exercises the Ten-Year Option, the lease expiration will be June 30, 2035.

(93)	A Grace Period - Late Fee (Days) of five days is allowed.

(94)	The Largest Tenant, SBSB Law, P.L.L.C., leasing approximately 21.1% of the net rentable area at the Mortgaged Property, has a one-time right to terminate its lease effective on December 31, 2030 with written notice prior to December 31, 2029 and payment of a termination fee calculated in accordance with the related lease. The Fourth Largest Tenant, Perkins & Will, leasing approximately 4.08% of the net rentable area at the Mortgaged Property, has a one-time right to terminate its lease effective on January 31, 2031 with written notice prior to January 31, 2030 and payment of a termination fee equal to $1,148,622.

(95)	The Harborside 2-3 Mortgage Loan is part of a Whole Loan that was co-originated by Citi Real Estate Funding Inc. and Bank of Montreal.

(96)	The Mortgage Loan has one or more borrowers that own all or a portion of the related Mortgaged Property as tenants–in–common.

(97)	The lockout period will be at least 27 payment dates beginning with and including the first payment date on May 6, 2023. Defeasance of the Harborside 2-3 Whole Loan in full (but not in part) is permitted at any time following the earlier to occur of (i) April 4, 2026 or (ii) the second anniversary of the closing date of the securitization that includes the last pari passu note to be securitized. For the purpose of calculating the assumed lockout period under clause (ii) of the prior sentence, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(98)	The Harborside 2-3 Whole Loan is structured with a $55,000,000 mezzanine loan (the "Harborside 2-3 Mezzanine Loan") that accrues interest at (i) a rate per annum equal to 7.00% to be paid as part of each payment of the mezzanine monthly debt service payment amount resulting in a mezzanine monthly debt service payment amount of $325,289.35 and (ii) a rate per annum equal to 3.5% that accrues through the term of the Harborside 2-3 Mezzanine Loan and is scheduled to be due and payable on the maturity date resulting in a monthly debt service accrual amount of $162,644.68. The Mezzanine Debt Interest Rate (%), Total Debt Monthly Debt Service ($) and Total Debt Underwritten NCF DSCR (x) are based on an aggregate Harborside 2-3 Mezzanine Loan interest rate of 10.5% per annum.

(99)	In addition to the interest accruing on the outstanding principal balance of the Harborside 2-3 Mezzanine Loan at a rate of 7.0000% per annum to be paid as part of each monthly debt service payment amount and an additional 3.5000% per annum which will accrue through the loan term and be due on the maturity date, the outstanding principal balance of the Harborside 2-3 Mezzanine Loan will accrue PIK interest at a rate of 2.29% per annum (the "PIK Interest"). The PIK Interest is due and payable together with each mezzanine monthly debt service payment amount if either of the following conditions are not satisfied as of April 6, 2028: (i) the PIK Leasing Condition or (ii) if the Harborside 2-3 Mezzanine Loan is not prepaid in full. If the PIK Leasing Condition has not been satisfied as of April 6, 2028 or the Harborside 2-3 Mezzanine Loan has not been prepaid in full prior to such date, then all accrued PIK Interest will automatically be converted and added to the outstanding principal balance of the Harborside 2-3 Mezzanine Loan as of such date, and become immediately due and payable by the borrowers to lender together with all other outstanding principal. The "PIK Leasing Condition" means delivery by the borrowers of evidence reasonably satisfactory to lender that 75% of the aggregate rentable square feet of the Harborside 2-3 Mortgaged Property and the neighboring Harborside 1 property is leased and occupied by tenants under leases satisfying the requirements set forth in their respective loan documents.

(100)	The borrowers are permitted to obtain mezzanine financing in connection with the assumption of the Harborside 2-3 Mortgage Loan, provided that the Harborside 2-3 Mezzanine Loan is repaid simultaneously with such assumption. Future mezzanine debt is permitted subject to certain conditions, including, without limitation: (i) no event of default is continuing, (ii) the mezzanine loan is made by a lender reasonably acceptable to the mortgage lender and acceptable to the applicable rating agencies, (iii) the only collateral for such mezzanine loan is (x) the direct equity interest in the mortgage borrower and (y) the equity interest in the sole member entity holding the

A-1-41


	liquor license for the operation of the property (note – the Whole Loan is secured, in part, by a pledge of the direct equity interest in the holder of the liquor license), (iv) the mezzanine loan documents are reasonably satisfactory to the mortgage lender, (v) the mezzanine loan is non-recourse except for non-recourse carveouts substantially similar to those of the Mortgage Loan, (vi) the mezzanine lender enters into an intercreditor agreement reasonably acceptable to the mortgage lender and acceptable to the rating agencies, (vii) the mezzanine loan has a fixed rate of interest or a floating rate of interest subject to delivery of an interest rate cap agreement, (viii) the maturity date of the mezzanine loan is not earlier than the maturity date of the Harborside 2-3 Whole Loan, (ix) the borrower delivers a rating agency confirmation, (x) the LTV (inclusive of the mezzanine loan) does not exceed 75%, (xi) the DSCR (Whole Loan only) as of the date of closing of the mezzanine loan is at least 1.81x and (xii) the DSCR (inclusive of the mezzanine loan) as of the date of closing of the mezzanine loan is at least 1.25x.

(101)	The Harborside 2-3 Whole Loan is structured with a $19,000,000 preferred equity investment made by NongHyup Bank, in its capacity as Trustee of Milestone Harbor East Private Investment Trust. The preferred equity investment is made in an entity (the “Pref JV”) that is the indirect owner of one of the two TIC borrowers of the Harborside 2-3 Whole Loan and one of the two TIC owners of the neighboring Harborside 1 property. The preferred equity investment will be repaid only from net cash distributions to the Pref JV from capital transactions with respect to the Harborside 1 property and/or the Harborside 2-3 Mortgaged Property.

(102)	The Third Largest Tenant, Collectors Universe, representing approximately 8.2% of the net rentable area, is in a free rent period through November 28, 2023.

(103)	Other Sources ($) consists of a Sea Wall credit of $27,610,000, tenant improvement and rent credits of approximately $12,104,859, a rate buydown credit of $6,250,000, and approximately $3,668,609 in other miscellaneous credits.

(104)	Both Green Acres Mall (excluding the Walmart Parcel) and Green Acres Commons benefit from 10-year tax abatements pursuant to respective payment-in-lieu of taxes agreements dated May 1, 2015 (the “PILOT Agreements”), between the borrowers and the Town of Hempstead Industrial Development Agency (the “Hempstead IDA”), which expire on December 31, 2026, with one, five-year extension period. The extension of the PILOT documents requires the consent of the Hempstead IDA. In connection with the PILOT Agreements, the borrowers lease the Green Acres Property (excluding the Walmart Parcel) to the Hempstead IDA pursuant to the master leases, and the Hempstead IDA subleases the Green Acres Property (excluding the Walmart parcel) back to the borrowers. Such leases will be terminated upon the termination of the PILOT Agreements. Pursuant to the terms of the PILOT Agreements and the related leases, the borrowers are obligated to, among other things, (i) comply with certain full-time employment commitments and (ii) in exchange for certain exemptions from property taxes on real and personal property, make annual payment-in-lieu of taxes payments for the 2016 through the 2026 tax years. A failure of the borrowers to comply with the PILOT Agreements may result in an early termination of the PILOT Agreements or a return of certain tax benefits received by the borrowers to the Hempstead IDA. Total annual payment-in-lieu of taxes payments payable by the borrowers commenced at $14,140,000 and increased to $15,400,000 during the fourth and fifth tax abatement years, and are equal to $16,300,000 during the second five tax abatement years. Real estate taxes were underwritten based on the actual tax bills for all of the property tax parcels at the Green Acres Property (including the Walmart Parcel), inclusive of any tax reimbursements or expenses payable by the tenants and payment-in-lieu of taxes (“PILOT”) payable by the borrowers for 2022 under the related PILOT documents. According to the appraisal, the tax benefits for 2023 under the PILOT documents are expected to be $15,365,892, and if the PILOT documents are not renewed, the total amount of real estate taxes payable by the borrowers is expected to increase by approximately $17.1 million in 2027.

(105)	The borrowers are required to cause rents to be deposited by the tenants into a lockbox account established at origination under the Green Acres Whole Loan documents, and the borrowers will have access to the funds in the lockbox account and use the lockbox account as an operating account so long as no Trigger Period, as defined in the Green Acres Whole Loan documents, continues. During the continuance of a Trigger Period, the borrowers will not have any further access to the funds in the lockbox account except as otherwise expressly provided in the Green Acres Whole Loan documents.

(106)	A Grace Period - Late Fee (Days) of five days is allowed.

(107)	The as-is appraised value is based on an extraordinary assumption made by the appraiser that the PILOT documents will be extended an additional 5-years to 2031. In the absence of the PILOT tax benefits beyond 2026, the as-is value of the Green Acres Property would otherwise be reduced by approximately $58.0 million resulting in an estimated appraised value of $621.0 million resulting in a Mortgage Loan Cut-off Date LTV Ratio (Other Than “As-Is”) and Mortgage Loan LTV Ratio at Maturity Date (Other Than “As-Is”) of 59.6%.

A-1-42


(108)	The lockout period will be at least 30 payment dates beginning with and including the first payment date in February 2023. Prepayment of the Green Acres Whole Loan in full, together with any applicable yield maintenance premium, is permitted at any time on or after the earlier to occur of (i) the monthly payment date occurring in January 2026 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. For the purpose of calculating the assumed lockout period under clause (ii) of the prior sentence, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(109)	The borrowers may obtain a release of one or more Release Parcels. A “Release Parcel” is a parcel on the Green Acres Mortgaged Property that is (a) non-income producing and unimproved for tenant occupancy and (b) the release of which does not have any adverse material effect, subject to satisfaction of certain conditions including, but not limited to, (i) no event of default has occurred and is continuing, (ii) regardless of whether such release of the Release Parcel is successfully consummated, the borrowers pay to the lender a processing fee in the amount of $15,000, (iii) the remaining property constitutes a separate tax lot (or the borrowers have filed an application for a separate tax lot and the borrower sponsor guarantees the payment of taxes on the Release Parcel pending the final issuance of such separate tax lot), (iv) the borrowers certify to the lender that the remaining property with all easements appurtenant and other permitted encumbrances thereto will not, strictly as a result of such transfer, be in violation of certain reciprocal easement agreements, the Walmart ground lease, the PILOT Agreements or any then applicable law, statute, rule or regulation and (v) satisfaction of any REMIC release conditions.

(110)	The fee interest in a portion of the Mortgaged Property is owned by Walmart, an anchor tenant at the Walmart Parcel, and Valley Stream Green Acres LLC (“Valley Stream”), a borrower, owns the leasehold interest in the Walmart Parcel pursuant to a 36-year ground lease, dated as of February 22, 1989, between Walmart, as ground lessor, and Valley Stream, as ground lessee. Valley Stream leased the Walmart Parcel back to Walmart under two separate leases. According to the estoppel delivered by Walmart, the term of the ground lease commenced on August 13, 1990 and expires on August 12, 2026, with two additional six-year extension options. The base rent under the ground lease is a fixed amount equal to approximately $1,080,000 per annum (approximately $90,000 per month) during the initial term and approximately $1,500,000 per annum (approximately $125,000 per month) during the extension terms.

(111)	The Largest Tenant, Macy’s, leases 266,676 sq. ft. expiring on August 18, 2026 and 123,827 sq. ft. expiring on July 31, 2034.

(112)	The Fourth Largest Tenant, BJ’s Wholesale Club, leases 127,750 sq. ft. and includes a recently executed lease for a 5,000 sq. ft. fueling station that has an expected rent commencement date of September 1, 2023.

(113)	The lender is insured under an environmental insurance policy obtained (i) in lieu of obtaining a Phase II Environmental Site Assessment, (ii) in lieu of providing an indemnity or guaranty from a borrower sponsor or (iii) to address environmental conditions or concerns. For additional information, see “Description of the Mortgage Pool—Environmental Considerations” in this Preliminary Prospectus.

(114)	The borrower is permitted to enter into a “Property-Assessed Clean Energy loan” (a “PACE Loan”) or other indebtedness for an amount not to exceed $10,000,000, without the consent of the lender or rating agency confirmation, which is (i) incurred for improvements to the Mortgaged Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Mortgaged Property. The lien resulting from any unpaid and delinquent PACE Loan payments would have property tax lien status.

(115)	At such time as the balance of the rollover account reaches an amount equal to 24 times the required monthly deposit without taking into account any amounts deposited therein in respect of lease termination and modification payments (the “Rollover Account Cap”), the borrowers’ obligation to make monthly deposits into the rollover account will be suspended until such time as the balance of the rollover account falls below the Rollover Account Cap, at which time, the borrowers’ obligation to make monthly deposits will be reinstated as of the immediately succeeding monthly payment date. The borrowers’ upfront deposit of approximately $743,644 in respect of gap rent is not included in the calculation of the rollover reserve balance for purposes of calculating the Rollover Reserve Cap.

(116)	The Mortgage Loan is part of a Whole Loan that was co-originated by Goldman Sachs Bank USA, Morgan Stanley Bank, N.A., Bank of Montreal and DBR Investments Co. Limited.

A-1-43


(117)	The Second Largest Tenant, Walmart, has 173,450 square feet expiring August 31, 2028, and also temporarily occupied certain temporary space under a lease that commenced February 1, 2022 and expired January 31, 2023.

(118)	At origination, the Mortgaged Property is subject to a PIP consisting of lobby, suite and restaurant renovations, which are estimated to cost $1,535,000. On the origination date, the borrower deposited $1,750,000 into a reserve account in connection with such renovations. In addition, the related borrower sponsor provided a completion guaranty in connection with such renovations. We cannot assure you that the expected renovations will be completed as expected or at all.

(119)	At origination, the Mortgaged Property is subject to a Deed of Preservation and Conservation Easement (the “Hyatt Arcade Cleveland Easement”) with Historic Gateway Neighborhood Corp., an Ohio non-profit corporation. The Hyatt Arcade Cleveland Easement (i) requires the borrower (as successor-in-interest to Arcade L.L.C.) to, among other things, maintain the Mortgaged Property in substantially the same structural condition and repair and (ii) prohibits the borrower from conducting any repair that changes (x) certain exterior and interior features of the Mortgaged Property that are identified as protected in the Hyatt Arcade Cleveland Easement or (y) the use of the Mortgaged Property to a use other than a mixed-use property consisting of a hotel, general retail establishments (including restaurants), residential or office or any combination of the foregoing, in each case, without the prior written consent of Historic Gateway Neighborhood Corp.

(120)	The Appraised Value of $50,000,000 is based on the extraordinary assumption that (i) the Mortgaged Property would complete a renovation at a total budgeted cost of $3,000,000 during the first year of the projection period (2023), which is based on a sufficient amount to maintain brand standards, and (ii) following the completion of the anticipated renovation, reserves for replacement would cover all future required renovations. The Appraised Value is also based on the following extraordinary assumptions: (i) the Mortgaged Property will operate under the brand “Hyatt Regency” or as a similarly affiliated property throughout the projection period; (ii) the relocation of the hotel operated restaurant and lounge and the conversion of the old restaurant space to additional meeting space will occur as part of the 2023 renovation; (iii) the Mortgaged Property would be sold encumbered by the existing management agreement with Hyatt Corporation; and (iv) the retail leases will continue throughout the projection period under similar economic terms as exist.

(121)	The Mortgaged Property is subject to a tax increment financing agreement (“TIF Agreement”). The County of Cuyahoga, Ohio issued $7,000,000 in taxable industrial development revenue bonds in connection with financing the construction of certain improvements at the Mortgaged Property. Pursuant to the TIF Agreement, the City of Cleveland, Ohio agreed to provide a real property tax exemption for the increase in the assessed valuation of the Mortgaged Property resulting from improvements for 30 years commencing with tax year 2000, and the related borrower (as successor-in-interest to Arcade L.L.C., an unaffiliated past owner of the Mortgaged Property) committed to make payments in lieu of taxes in an amount equal to the real property taxes so exempted plus an amount sufficient to retire the debt evidenced by the bonds per a debt-reduction schedule. There is one remaining bond debt service payment due in 2023 in connection with the TIF Agreement in the amount of $765,000.00, which has been deposited in a reserve account with the lender at origination.

(122)	The borrower is required to deposit $130,000 on each payment date into a seasonality reserve during the calendar months of July through November (inclusive). The seasonality reserve is subject to a cap of $650,000 (the “Seasonality Cap Amount”), subject to the borrower’s right, once per year, to request an adjustment to the Seasonality Cap Amount based on the performance of the Mortgaged Property; provided that the seasonality reserve monthly deposit is adjusted accordingly such that the amount of the seasonality reserve monthly deposit is equal to 20% of the Seasonality Cap Amount. Upon the occurrence of a trigger period as described in the Mortgage Loan agreement, the borrower is required to pay the lender on each payment date any excess cash flow remaining after the payment in full of the items described in the Mortgage Loan agreement to fund the seasonality reserve until the Seasonality Cap Amount is met and the related trigger period has ended.

(123)	The Mortgage Loan has one or more borrowers that own all or a portion of the related Mortgaged Property as tenants-in-common, and the respective tenants-in-common have agreed to a waiver of their rights of partition.

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

(125)	The Ongoing Other Reserve ($) includes $32,768.23 of a reserve for municipal authority tenant improvements and leasing commissions on each Payment Date through and including the Payment Date occurring in January 2026.

A-1-44


(126)	At origination, $112,988.83 was deposited into a free rent holdback reserve for (i) First Judicial District of PA, the Third Largest Tenant, who is in a free rent period for the months of May 2024 and May 2025 in an amount of $64,573.33, and (ii) Weir & Partners, the Fourth Largest Tenant, who is in a free rent period for the month of September 2023 in an amount of $48,415.50.

(127)	69,420 square feet of the Mortgaged Property (representing approximately 15.7% of gross rentable area) is leased to an affiliate of the borrower pursuant to the related master lease dated as of June 1, 2023. The master lease is scheduled to expire on May 31, 2033 or when Philadelphia Municipal Court (which is currently the largest tenant at the Mortgaged Property and has signed a letter of intent to lease the master leased space) or any other third-party tenant signs a new lease covering the master leased space and begins to pay rent under such lease. The annual rent under the master lease is $1,735,500, representing approximately 27.0% of net cash flow from the Mortgaged Property, and the debt-service coverage ratio for The Widener Building Mortgage Loan calculated without including the master lease rent is 1.26x.

(128)	The Mortgage Loan is part of a Whole Loan that was co-originated by Bank of America, N.A., Barclays Capital Real Estate, Inc., and JPMorgan Chase Bank, National Association.

(129)	The Largest Tenant, Price Water House Coopers LLP, subleases the 23rd floor (23,037 square feet of its 138,413 square feet) for a term that is coterminous with the prime lease and the Third Largest Tenant, Pond Lehocky Giordano Disability, subleases 15,838 square feet of its 66,315 square feet through January 31, 2026 (which is prior to the expiration of the prime lease on June 30, 2028).

(130)	The Second Largest Tenant, Stradley, Ronon, Stevens & Young has a termination right for all of its leased space effective January 31, 2031 with notice by February 1, 2029 and payment of a termination fee. The Fourth Largest Tenant, Wolters Kluwer Health, Inc., has a termination right effective on March 31, 2026 with notice by September 30, 2024 and payment of a termination fee. The Fifth Largest Tenant, Jazz Pharmaceuticals, Inc., has a termination option effective on December 31, 2025 with 12 months’ notice and payment of a termination fee.

(131)	Upfront Other Reserve ($) is the aggregate of $9,200,744 for outstanding tenant improvement allowances and outstanding leasing commissions, and $1,912,160 for outstanding free rent and gap rent obligations.

(132)	During a trigger period, the borrowers are required to deposit monthly replacement reserves equal to approximately $39,503. During the continuance of a trigger period, the borrowers will be required to deposit $237,018 on a monthly basis to the TI/LC Reserve. Additionally, when (i) the balance of the TI/LC Reserves is less than $15,000,000 and (ii) the TI/LC Reserve occupancy falls below 85%, the Whole Loan documents will require a cash sweep until the balance returns to $25,000,000. Further, the non-recourse carveout guarantor has provided a guaranty for an additional $20,000,000 to the TI/LC Reserves, which guaranty will be reduced by any amounts contributed to the TI/LC Reserve after the loan origination date.

(133)	Straight-lined rent of $252,142 was underwritten for six tenants, totaling 153,115 square feet.

(134)	At origination, the borrower deposited a letter of credit in the amount of $25,000,000 as an upfront general TI/LC reserve.

(135)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the borrower sponsor signing a new lease with the Second Largest Tenant, Clifton Larson Allen LLP, for a term of January 2023 to October 2033.

(136)	The Second Largest Tenant, Clifton Larson Allen LLP, has the option to terminate its lease at the end of the 94th full calendar month after the commencement date (October 31, 2030) with 12 months prior written notice and payment of a termination fee.

(137)	The borrower will deposit into an eligible account held by the lender or servicer (the “Replacement Reserve Account”) either (i) on each monthly payment date either (x) when a trigger period is not then occurring or (y) during a trigger period due solely to an event of default, an amount equal to $5,951.17 (“Replacement Reserve Regular Monthly Deposit”) or (ii) on each monthly payment date during a trigger period (other than a trigger period due solely to an event of default), an amount equal to $10,416.67. As of the origination date, the borrower will deposit the Replacement Reserve Regular Monthly Deposit.

(138)	As of the origination date and prior to the occurrence of the acquisition by Haya (P6) Ventures, LLC of all of the ownership interests of SSI Warner PA LP, the borrower sponsor of the 150 South Warner Mortgage Loan is SSI

A-1-45


	Warner PA LP. From and after the acquisition by Haya (P6) Ventures, LLC of all of the ownership interests of SSI Warner PA LP, the borrower sponsor of the 150 South Warner Mortgage Loan will be Ali H. Kolaghassi.

(139)	The Mortgage Loan is part of a Whole Loan that was co-originated by Goldman Sachs Bank USA, Bank of America, N.A. and Morgan Stanley Bank, N.A.

(140)	The lockout period will be at least 25 payment dates beginning with and including the first payment date in July 2023. Defeasance of the Miracle Mile Whole Loan in full is permitted at any time on or after the date that is the earlier of (i) the payment date occurring in June 2026 or (ii) two years and one day on or from the closing date of the securitization that includes the last pari passu note to be securitized (the "Miracle Mile Lockout Release Date"). In addition, voluntary prepayment of the Miracle Mile Whole Loan in full, but not in part, is permitted from and after the Miracle Mile Lockout Release Date (but prior to the open prepayment date on December 6, 2027) with the payment of a yield maintenance premium. For the purpose of calculating the assumed lockout period under clause (ii) of the second sentence, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(141)	The Upfront Other Reserve ($) includes $10,024,690.89 for an upfront TI/LC reserve and $8,677,665.64 for a gap rent reserve.

(142)	In lieu of the Renovation Project Reserve, at origination the borrower provided a Renovation Project Reserve Guaranty.

(143)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by newly executed leases, increases to contractual parking revenue, and approximately $3.9 million of projected annual signage revenue that is expected as a result of the ongoing renovations.

(144)	The borrower leases an approximately 2,400 SF portion of unit E013 from Planet Hollywood through July 2025 (subject to two, 20-year extensions) pursuant to a reciprocal easement agreement entered into with, among other parties, Planet Hollywood Resort and Casino. The borrower's rights under such reciprocal easement agreement are pledged as additional collateral for the Miracle Mile Whole Loan. The lessor under such lease has not confirmed that such lease is superior to any fee mortgage that might encumber such space, and as such the lease may be subordinate to any fee mortgage that encumbers such space. We cannot assure you that the lender's title policy will insure the lender's interest in the lease.

(145)	The Mortgage Loan is part of a Whole Loan that was co-originated by Barclays Capital Real Estate Inc. and JPMorgan Chase Bank, National Association.

(146)	A Grace Period - Default (Days) of five days is allowed once per 12-month period, but no more than three times in total during the term of the loan.

(147)	On any business day on or after the earlier of (i) two years from the Closing Date and (ii) June 5, 2026, the Mortgage Loan documents permit the borrower to obtain the release of approximately 16,630 square feet of office space at the Mortgaged Property that is currently occupied by New York Life Insurance Company (collectively, the “Office Release Unit”) in connection with a transfer of the Office Release Unit to an unaffiliated party provided that, among other conditions, (i) the borrower prepays the Mortgage Loan in an amount equal to or in excess of $10,000,000 (which amount represents 125% of the allocated loan amount for the Office Release Unit), together with any applicable yield maintenance premium, (ii) after giving effect to such release, (x) the loan to value ratio does not exceed 57.1% and (y) the debt service coverage ratio for the remaining Mortgaged Property is equal to or greater than the greater of (1) 1.30x and (2) the debt service coverage ratio immediately preceding release, (iii) the borrower provides evidence reasonably satisfactory to the lender that the release of the Office Release Unit will not constitute a default by the borrower under the related condominium documents or any lease and (iv) the borrower satisfies customary REMIC requirements.

(148)	The Largest Tenant, New Mulan L.L.C., occupies 19,650 square feet of space that expires on February 28, 2027, and 446 square feet of storage space that expires on November 30, 2027, the Third Largest Tenant, Shinsaku, has 15,708 square feet of space that expires on October 31, 2027, and the Fifth Largest Tenant, STAT Urgent Care, has 9,106 square feet of space that expires on August 31, 2027.

(149)	On each monthly payment date, the borrower is required to deposit $15,853.83 into a rollover reserve, if the balance of the rollover reserve account is less than $750,000.

A-1-46


(150)	On each monthly payment date during a cash sweep period, the borrower is required to deposit an amount such that the balance in the condominium assessment reserve account will be required to be at all times equal at least the aggregate amount of condominium assessment due for the next ensuing one month period as determined by the lender.

(151)	There are 17 condominium units owned by the borrower and 91 condominium units owned by other persons who are not affiliated with the borrower at the Mortgaged Property, which are not part of the collateral for the Mortgage Loan nor owned by affiliates of the borrower.

(152)	At any time after the second anniversary of the Closing Date, the Mortgage Loan documents permit the borrower to obtain the release of an individual property provided that, among other conditions, (i) the amount of the outstanding principal balance of the loan to be defeased shall equal or exceed 120% of the allocated loan amount with respect to such individual property, (ii) the borrower provides the lender with at least 30 days, but no more than 90 days prior written notice of its request to obtain a release of the individual property, (iii) the debt service coverage ratio for the remaining Mortgaged Properties is equal to or greater than the greater of (1) 1.67x and (2) the debt service coverage ratio for the then remaining Mortgaged Properties (including the individual property to be released) immediately prior to the release of the individual property, (iv) the debt yield for the Mortgaged Properties then remaining is greater than (1) 14.15% and (2) the debt yield for all of the then remaining Mortgaged Properties (including the individual property to be released) immediately prior to the release of the individual property, (v) the loan to value ratio for the Mortgaged Properties then remaining is no greater than the lesser of (1) 61.0% and (2) the loan to value ratio for all of the then remaining Mortgaged Properties (including the individual property to be released) immediately preceding the release of the individual property and (iv) the borrower satisfies customary REMIC requirements.

(153)	The historical cash flows are not available as all Mortgaged Properties were acquired in 2023.

(154)	The Mortgage Loan was originated by Greystone Select Company II LLC, an unaffiliated third party.

(155)	The Third Largest Tenant, Tempe Eats, LC, is not open for business yet as it is in the process of completing the buildout of its space. Tempe Eats, LC is obligated to commence paying rent on June 1, 2023 and is expected to be open for business by Fall 2023. Temple Eats, LC receives a $4,500 per month discount on its base rent from June 1, 2023 to May 31, 2024 and a $2,500 per month discount on its base rent from June 1, 2024 to May 31, 2025.

(156)	The Third Largest Tenant, Tempe Eats, LC, has a co-tenancy clause tied to the Largest Tenant, L.A. Fitness International. If at any time during the lease term, the anchor tenant operating as "L.A. Fitness International" vacates or ceases business operations in its premises for any reason whatsoever (other than temporary discontinuances not to exceed 120 days for remodeling, alterations or restoration work, or other temporary closure, then Tempe Eats, LC will have a 50% reduction in base rent until the landlord notiﬁes Tempe Eats, LC that “L.A. Fitness International" is open for business, or, alternatively, that at least 67% of the Mortgaged Property is leased and open for business.

(157)	The Specified Rollover Deposit Reserve relates to the outstanding approved leasing expenses for the Third Largest Tenant, Tempe Eats, LC, including (i) $15,000 relating to a gas line improvement and (ii) $90,802.62 in leasing commissions.

(158)	The Prepaid Rent Reserve relates to the creation of a $13,905 reserve for the Fourth Largest Tenant, Rocket a Go-Go, to replicate the prepaid rent periods on August 8, 2023 for $6,952.50 and the payment due on September 6, 2023 for $6,952.50 under the lease documents.

(159)	Historical cash flows are unavailable for the 5542 Grand River Mortgaged Loan as the borrower sponsor acquired the property in late 2021.

(160)	The Mortgaged Property consists of 309 manufactured housing pads, 3 apartment units, 2 park owned homes, and 14 lots that were used by the prior owner for storage of excess snow (the “Snow Storage Lots”). The borrower plans to use the 14 Snow Storage Lots as normal pads.

(161)	The Leased Occupancy (%) is 91.7% and excludes the 14 Snow Storage Lots from the total unit count. The Leased Occupancy (%) inclusive of the 14 Snow Storage Lots is 87.8%.

A-1-47


(162)	The Mortgage Loan is part of a Whole Loan that was co-originated by Goldman Sachs Bank USA and Deutsche Bank AG, New York Branch.

(163)	For purposes of calculating interest and other amounts payable on the Scottsdale Fashion Square Whole Loan, each note was divided into multiple components with varying interest rates. The interest rate of the Scottsdale Fashion Square Mortgage Loan represents the weighted average interest rate of three components. Prepayments of the Scottsdale Fashion Square Mortgage Loan will be applied to the components in sequential order. As a result of the components having different interest rates and the allocation of prepayments to sequentially reduce the components, the per annum weighted average interest rate of the components (and, therefore, the interest rate of the Scottsdale Fashion Square Mortgage Loan) may increase over time.

(164)	A Grace Period - Late Fee (Days) of five days is allowed for the monthly payment of interest and any other principal, interest or other sum due. No grace period is permitted for repayment of principal on the maturity date.

(165)	The lockout period will be at least 28 months beginning with and including the first payment date on April 6, 2023. Defeasance of the Scottsdale Fashion Square Whole Loan in full is permitted on or at any time after the date that is the earlier of (i) March 6, 2026 and (ii) two years from the closing date of the securitization that includes the last pari passu note to be securitized (the “Scottsdale Fashion Square Lockout Release Date”). In addition, voluntary prepayment of the Scottsdale Fashion Square Whole Loan in full, but not in part, is permitted from and after the Scottsdale Fashion Square Lockout Release Date with (prior to the open prepayment date on September 6, 2027) a payment equal to the greater of 1% of the unpaid principal balance and a yield maintenance premium. For the purpose of calculating the assumed lockout period under clause (ii) of the second sentence of this paragraph, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(166)	The borrower may transfer and obtain a release of one or more Release Parcels (as defined below), subject to satisfaction of certain conditions including, but not limited to, (i) no event of default has occurred and is continuing, (ii) regardless of whether such release of the Release Parcel is successfully consummated, the borrower pays to the lender a processing fee in the amount of $15,000, reimburses lender for reasonable costs and expenses, and pays all title insurance and survey costs, (iii) the borrower delivers to the lender evidence reasonably satisfactory to a prudent lender that the Release Parcel has been (or will be upon recordation of the applicable transfer documentation which will occur contemporaneously with the release of the Release Parcel) legally subdivided from the remainder of the Mortgaged Property and constitutes a separate tax lot (or, if not a separate tax lot, the Release Parcel owner is contractually obligated to pay its share of all taxes and other charges with respect to the Release Parcel until the Release Parcel has been designated as a separate tax lot), and the borrower certifies to the lender that after giving effect to such transfer, each of the Release Parcel and the remaining portion of the Mortgaged Property conforms to and is in compliance in all material respects with applicable law, (iv) the borrower certifies to the lender that the remaining property with all easements appurtenant and other permitted encumbrances thereto will not, strictly as a result of such transfer and release of the Release Parcel, be in violation of certain reciprocal easement agreements or any then applicable law, statute, rule or regulation and (v) satisfaction of any REMIC-related release conditions. A ”Release Parcel” is (x) a parcel on the Mortgaged Property that is (a) non-income producing and unimproved for tenant occupancy and (b) the release of which does not have any adverse material effect on (i) the value of the Mortgaged Property or the use or operation of the Mortgaged Property as a first-class regional shopping center (with related entertainment, dining and other compatible, commercial uses), (ii) the business, profits, operations or financial condition of the borrower, (iii) the ability of the borrower to perform its material obligations under the Scottsdale Fashion Square Whole Loan documents or (iv) the ongoing operations of the remaining Mortgaged Property; and/or (y) a parcel on the Scottsdale Fashion Square Property that is, as of the date of any potential release, non-income producing and improved by structures that (A) were vacant as of the origination date and (B) have been vacant and non-income producing continuously since the origination date and for at least three years prior to the date of any potential release. Improvements that are not material to the use and operation of the Mortgaged Property as a retail shopping center or which may be relocated without material and permanent adverse effects on the operation of the Scottsdale Fashion Square Property (as evidenced by a certification from the borrower) do not render the subject property “improved.”

(167)	The sixth largest tenant, Life Time Fitness, leases 37,000 SF and opened in March 2023.

(168)	The borrower is permitted to enter into a Property-Assessed Clean Energy loan (a "PACE Loan") or other indebtedness for an amount not to exceed $10,000,000, without the consent of the lender or rating agency confirmation, which is (i) incurred for improvements to the Mortgaged Property for the purpose of increasing energy

A-1-48


	efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Mortgaged Property. The lien resulting from any unpaid and delinquent PACE Loan payments would have property tax lien status.

(169)	The Capital Expenditure Reserve is funded during a trigger period in the amount of $0.25 multiplied by the NRA excluding non-collateral square feet, “Excluded Premises” (i.e., Macy's, Nordstrom, Neiman Marcus, DICK’S Sporting Goods, Harkins Theatre, Life Time Fitness and any replacement tenant that leases all or substantially all of any such premises as defined in the related loan agreement) and any other tenant that is required to pay for all repairs and maintenance costs for its entire leased premises, roof and structural components, resulting in a total square footage of 805,331, divided by 12. The Capital Expenditure Account is subject to a cap of an amount equal to 24 times the required monthly deposit ($402,666).

(170)	The Rollover Reserve is funded during a trigger period in the amount of $1.00 multiplied by the NRA excluding non-collateral square feet and “Excluded Premises” (i.e., Macy's, Nordstrom, Neiman Marcus, DICK’S Sporting Goods, Harkins Theatre, Life Time Fitness and any replacement tenant that leases all or substantially all of any such premises as defined in the related loan agreement) resulting in a total square footage of 825,666, divided by 12. The Rollover Account is subject to a cap of an amount equal to 24 times the required monthly deposit ($1,651,332).

(171)	The Upfront Other Reserve ($) includes $10,222,200 of a reserve for tenant improvements and leasing commissions and approximately $4,316,877 of a gap rent reserve.

(172)	The lockout period will be at least 24 payment dates beginning with and including the first payment date in August 2023. Defeasance of the Riverview Tower Whole Loan in full is permitted at any time after the earlier to occur of (i) June 28, 2026 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. For the purpose of calculating the assumed lockout period under clause (ii) of the prior sentence, the “closing date” is assumed to be the Benchmark 2023-V3 securitization cut-off date in July 2023, rather than the Benchmark 2023-V3 securitization closing date of August 3, 2023. The actual lockout period may be different.

(173)	The Appraised Value reflects the “prospective value upon completion” of $40,200,000 for the Mortgaged Property, effective August 1, 2023, which assumes the commencement of Lewis Thomason PC's lease on August 1, 2023. The “as-is” appraised value of the Mortgaged Property (without taking into account such assumption) as of May 3, 2023 is $35,700,000.

(174)	At origination $1,081,946 was deposited into a rent concessions reserve, representing free or gap rent for (i) CGI Federal Inc., the Largest Tenant, who is in a free rent period from July 1, 2023 through December 1, 2024 in an amount of $297,624, and (ii) Lewis Thomason PC, the Second Largest Tenant, who is in a gap rent period from July 1, 2023 through November 1, 2023 in an amount of $230,683, and a free rent period from December 1, 2023 through November 1, 2024 in an amount of $553,639. Lewis Thomason PC has not yet taken occupancy but is expected to take occupancy on December 1, 2023.

(175)	The borrower is required to deposit into an eligible account (the “FF&E Reserve Account”) on each monthly payment date, an amount equal to the greater of (i) the FF&E Payment and (ii) the amount of the deposit (if any) then required by the franchisor on account of FF&E under the franchise agreement. The “FF&E Payment” means an amount equal to 1/12 of four percent (4%) of the greater of (a) the annual gross revenues for the hotel related operations at the Mortgaged Property for the immediately preceding calendar year as reasonably determined by the lender and (b) the projected annual gross revenues for the hotel related operations for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget, or where no approved annual budget exists as of the date of determination, the amount of the FF&E Payment will be determined by the lender in its reasonable discretion. The initial FF&E Payment was determined to be approximately $21,829.

(176)	The Fifth Largest Tenant at the Mortgaged Property, BVT National Capital Partners, representing approximately 3.3% of the net rentable square footage, has a one-time right to terminate its lease effective August 31, 2026, by providing notice on or before August 31, 2026, and paying a termination fee.

(177)	Sierra Wireless America, Inc., which is under lease through January 2024 covering approximately 6.5% of the net rentable area at the Mortgaged Property, has vacated its premises and is underwritten as vacant.

A-1-49


(178)	The Second Largest Tenant at the Mortgaged Property, Hartman, Simons & Wood LLP, representing approximately 6.6% of the net rentable area, is benefitting from base rent credits through December 31, 2025. We cannot assure you that such tenant will begin paying rent as expected or at all.

(179)	A Grace Period - Default (Days) of five days is allowed once per 12-month period except with respect to payment due on the Maturity Date, in which case no grace period is allowed.

(180)	The historical cash flows are not available as the prior owner did not provide historical cash flows.

(181)	At the lender’s option, if the insurance policy maintained by the borrower is not an acceptable blanket policy, on each monthly payment date, the borrower is 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 expiration thereof.

(182)	The Prospective As Stabilized value of $13,100,000 was utilized in calculating the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) as the borrower sponsor deposited $500,000 into an upfront TI/LC reserve and $13,613 into a Gap Rent reserve for future leasing to achieve a stabilized occupancy of 95.0%. The unadjusted Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) assuming the "As Is" value of $12,700,000 is 60.4% and 57.8% respectively.

(183)	The Farmville Properties Mortgaged Property is comprised of 50,680 square feet of self storage space, and 12,780 square feet of warehouse space.

(184)	The Farmville Properties Mortgaged Property has two commercial tenants. The Largest Tenant, RE Michel, occupies 9,600 square feet of space, comprising 15.1% of the net rentable square footage, which expires March 31, 2026. The Second Largest Tenant, Lincare, occupies 3,180 square feet of space, comprising 5.0% of the net rentable square footage, which expires May 31, 2024.

(185)	At the lender’s option, if the insurance policy maintained by the borrower is not an acceptable blanket policy, on each monthly payment date, the borrower is 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 expiration thereof.

(186)	Historical cash flows are unavailable for the 400 Suydam Mortgage Loan as the borrower sponsor acquired the property in 2021 and subsequently gut renovated the property in 2022.

A-1-50

GS Mortgage Securities Corp Ii FWPFree writing prospectus