3650 REIT Commercial Mortgage Securities II FWP Free writing prospectus

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-255181-01

FREE WRITING PROSPECTUS, DATED NOVEMBER 1, 2021

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-255181) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

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

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in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

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

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

3650R 2021-PF1

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	Related Group	Crossed Group	Address

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	100.0%	DBRI, JPMCB, BANA, 3650 Cal Bridge Lending, LLC	3650 Real Estate Investment Trust 2 LLC, GACC	NAP	NAP	350 and 450 Water Street
2	Loan	18, 19	1	50 Horseblock	6.4%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	50 Horseblock Road
3	Loan	20, 21, 22	1	Rox San	5.7%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	465 North Roxbury Drive
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	100.0%	DBRI	GACC	NAP	NAP	520-522 Almanor Avenue
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	100.0%	CREFI	CREFI	NAP	NAP	1801-1845 La Cienega Boulevard
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%		CREFI, DBRI	CREFI, GACC	NAP	NAP	Various
6.01	Property		1	Research Place	1.3%	24.9%					5000 Bradford Boulevard Northwest
6.02	Property		1	Research Park Office Center	1.1%	21.1%					7037-7067 Madison Pike Northwest
6.03	Property		1	Regions Center	1.1%	19.5%					200 Clinton Avenue West
6.04	Property		1	301 Voyager Way	0.8%	14.7%					301 Voyager Way Northwest
6.05	Property		1	Intuitive Center I & II	0.6%	11.0%					5030 Bradford Boulevard Northwest
6.06	Property		1	Lakeside Center I & II	0.5%	8.8%					620 Discovery Drive Northwest
7	Loan		1	Venice Crossroads	4.9%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	8985 Venice Boulevard
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	100.0%	Column	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	125 Westchester Avenue
9	Loan	45, 46	1	Marina Pacifica	3.6%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	6290 East Pacific Coast Highway
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	10 & 30 Patewood Drive and 50 & 80 International Drive
11	Loan		1	Tanglewood Apartments	3.3%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	1300 Tanglewood Drive
12	Loan	52	1	Axis Apartments and Lofts	2.9%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	1850 Merchant Lane and 2581 McMenamin Street
13	Loan		1	Shops of Wisconsin	2.9%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	6831 Wisconsin Avenue
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	100.0%	DBRI	GACC	NAP	NAP	2 Washington Street - Unit 3A
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	100.0%	GSBI, DBRI, BMO	GACC	NAP	NAP	161 Avenue of the Americas and 233 Spring Street
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	1820 Legends Lane
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	19601 North 27th Avenue
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	100.0%	CREFI	CREFI	NAP	NAP	747 Amsterdam Avenue
19	Loan		1	93 East Apartments	2.3%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	Yes - Group 1	NAP	2565 Shallowford Road Northeast
20	Loan	70	1	Cabelas	2.2%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	8650 Boomtown Garson Road
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	100.0%	CREFI	CREFI	NAP	NAP	600 & 650 North 5th Street and 601 Sequoia Pacific Boulevard
22	Loan		1	Falls of West Oaks	2.1%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	4034 South Texas 6
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%		DBRI	GACC	NAP	NAP	Various
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%	57.9%					4, 6 & 10 Sherrill Foster’s Path
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%	28.5%					6144 Route 25A
23.03	Property		1	97 North Sea Road	0.3%	13.6%					97 North Sea Road
24	Loan	8, 77	1	Centene	1.7%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	1700 North University Drive
25	Loan	78, 79	1	Reside Market Street	1.5%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	426 North Market Street and 627 & 608 Market Street
26	Loan	80, 81	1	477 Rodeo	1.5%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	9501 Santa Monica Drive
27	Loan		1	Carrington Court Apartments	1.2%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	Yes - Group 2	NAP	2225 South 34th Street and 3383 Primrose Court
28	Loan		1	Villa Adora	1.1%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	10534 Beechnut Street
29	Loan	82	1	Temecula Creek Plaza	1.1%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	31021-31165 Temecula Parkway
30	Loan		1	Times Square Apartments	1.1%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	Yes - Group 2	NAP	3001 36th Avenue South
31	Loan	83	1	2400 Hudson	1.1%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	2400 Hudson Terrace
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	226 North Lake Street
33	Loan		1	Jupiter Park Self Storage	0.9%	100.0%	CREFI	CREFI	NAP	NAP	1125 Jupiter Park Drive
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	Yes - Group 1	NAP	5349 New Peachtree Road
35	Loan	87	1	Northgate	0.5%	100.0%	3650 Real Estate Investment Trust 2 LLC	3650 Real Estate Investment Trust 2 LLC	NAP	NAP	1435 West Talmage Street

A-1-1

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	City	County	State	Zip Code	General Property Type	Detailed Property Type	Year Built	Year Renovated	Number of Units	Unit of Measure

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	Cambridge	Middlesex	Massachusetts	02141	Mixed Use	Office/Lab	2021	NAP	915,233	SF
2	Loan	18, 19	1	50 Horseblock	6.4%	Brookhaven	Suffolk	New York	11719	Industrial	Flex	1986	2015	472,278	SF
3	Loan	20, 21, 22	1	Rox San	5.7%	Beverly Hills	Los Angeles	California	90210	Office	Medical	1963	1999	57,666	SF
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	Sunnyvale	Santa Clara	California	94085	Office	Suburban	2021	NAP	231,220	SF
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	Los Angeles	Los Angeles	California	90035	Retail	Anchored	1970	2003	305,890	SF
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	Huntsville	Madison	Alabama	Various	Office	CBD	Various	Various	1,033,888	SF
6.01	Property		1	Research Place	1.3%	Huntsville	Madison	Alabama	35805	Office	CBD	1980	NAP	275,928	SF
6.02	Property		1	Research Park Office Center	1.1%	Huntsville	Madison	Alabama	35806	Office	CBD	1999	NAP	236,507	SF
6.03	Property		1	Regions Center	1.1%	Huntsville	Madison	Alabama	35801	Office	CBD	1990	2006	154,918	SF
6.04	Property		1	301 Voyager Way	0.8%	Huntsville	Madison	Alabama	35806	Office	CBD	2007	NAP	110,275	SF
6.05	Property		1	Intuitive Center I & II	0.6%	Huntsville	Madison	Alabama	35805	Office	CBD	1999	NAP	134,318	SF
6.06	Property		1	Lakeside Center I & II	0.5%	Huntsville	Madison	Alabama	35806	Office	CBD	1989	2007	121,942	SF
7	Loan		1	Venice Crossroads	4.9%	Los Angeles	Los Angeles	California	90034	Retail	Anchored	1975	1998	157,819	SF
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	White Plains	Westchester	New York	10601	Retail	Super Regional Mall	1995	2015-2017	809,311	SF
9	Loan	45, 46	1	Marina Pacifica	3.6%	Long Beach	Los Angeles	California	90803	Retail	Anchored	1976	1996	297,227	SF
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	Greenville	Greenville	South Carolina	29615	Office	Suburban	1985-1998	1998-2017	447,282	SF
11	Loan		1	Tanglewood Apartments	3.3%	Westwego	Jefferson	Louisiana	70094	Multifamily	Garden	1970	2013, 2020	384	Units
12	Loan	52	1	Axis Apartments and Lofts	2.9%	Hampton	Hampton City	Virginia	23666	Multifamily	Mid Rise	2018	2020	192	Units
13	Loan		1	Shops of Wisconsin	2.9%	Bethesda	Montgomery	Maryland	20815	Retail	Anchored	1988	2016	71,082	SF
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	New York	New York	New York	10004	Multifamily	High Rise	1972	2018-2020	345	Units
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	New York	New York	New York	10013	Office	CBD	1904-1926	2016	786,891	SF
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	Daytona Beach	Volusia	Florida	32114	Multifamily	Garden	2019	NAP	282	Units
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	Phoenix	Maricopa	Arizona	85027	Office	Suburban	1997	2008	365,672	SF
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	New York	New York	New York	10025	Mixed Use	Retail/Office	1927	2000	32,600	SF
19	Loan		1	93 East Apartments	2.3%	Atlanta	DeKalb	Georgia	30345	Multifamily	Garden	1967	2021	195	Units
20	Loan	70	1	Cabelas	2.2%	Verdi	Washoe	Nevada	89439	Retail	Single Tenant	2007	NAP	129,025	SF
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	Sacramento	Sacramento	California	95811	Industrial	Flex	1985	2019-2021	159,875	SF
22	Loan		1	Falls of West Oaks	2.1%	Houston	Harris	Texas	77082	Multifamily	Garden	1981	1999-2021	288	Units
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	Various	Suffolk	New York	Various	Various	Various	Various	Various	78,537	SF
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%	East Hampton	Suffolk	New York	11937	Mixed Use	Industrial/Multifamily	2020	NAP	43,628	SF
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%	Wading River	Suffolk	New York	11792	Office	Medical	1985	2014	28,894	SF
23.03	Property		1	97 North Sea Road	0.3%	Southampton	Suffolk	New York	11968	Office	Suburban	1997	NAP	6,015	SF
24	Loan	8, 77	1	Centene	1.7%	Plantation	Broward	Florida	33322	Office	Suburban	2020	NAP	145,983	SF
25	Loan	78, 79	1	Reside Market Street	1.5%	Wilmington	New Castle	Delaware	19801	Mixed Use	Multifamily/Retail	1920, 1940, 2015	2015-2016	73,233	SF
26	Loan	80, 81	1	477 Rodeo	1.5%	Beverly Hills	Los Angeles	California	90210	Mixed Use	Retail/Office	1924	1977	14,828	SF
27	Loan		1	Carrington Court Apartments	1.2%	Grand Forks	Grand Forks	North Dakota	58201	Multifamily	Garden	1988-1992	NAP	156	Units
28	Loan		1	Villa Adora	1.1%	Houston	Harris	Texas	77072	Multifamily	Garden	1979	NAP	265	Units
29	Loan	82	1	Temecula Creek Plaza	1.1%	Temecula	Riverside	California	92592	Mixed Use	Retail/Office	2006	NAP	68,132	SF
30	Loan		1	Times Square Apartments	1.1%	Grand Forks	Grand Forks	North Dakota	58201	Multifamily	Townhomes	1996	NAP	96	Units
31	Loan	83	1	2400 Hudson	1.1%	Fort Lee	Bergen	New Jersey	07024	Multifamily	Cooperative	1965	2020-2021	139	Units
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	Los Angeles	Los Angeles	California	90026	Multifamily	Mid Rise	2021	NAP	36	Units
33	Loan		1	Jupiter Park Self Storage	0.9%	Jupiter	Palm Beach	Florida	33458	Self Storage	Self Storage	1998	NAP	63,429	SF
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	Atlanta	DeKalb	Georgia	30341	Multifamily	Garden	1964	2019-2020	42	Units
35	Loan	87	1	Northgate	0.5%	Springfield	Greene	Missouri	65803	Multifamily	Garden	2018	NAP	77	Units

A-1-2

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Loan Per Unit ($)	Original Balance ($)	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %	Administrative Fee Rate %	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)
											1		2
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	889.39	77,900,000	77,900,000	77,900,000	2.79200%	0.01796%	2.77404%	NAP	183,764.66
2	Loan	18, 19	1	50 Horseblock	6.4%	124.93	59,000,000	59,000,000	59,000,000	3.20000%	0.06500%	3.13500%	NAP	159,518.52
3	Loan	20, 21, 22	1	Rox San	5.7%	901.74	52,000,000	52,000,000	52,000,000	3.29650%	0.06500%	3.23150%	NAP	144,832.34
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	439.41	50,000,000	50,000,000	50,000,000	2.55500%	0.01321%	2.54179%	NAP	107,936.92
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	294.22	50,000,000	50,000,000	50,000,000	3.49000%	0.01321%	3.47679%	NAP	147,436.34
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	77.02	50,000,000	49,768,999	38,853,533	3.41000%	0.01321%	3.39679%	222,017.95	NAP
6.01	Property		1	Research Place	1.3%		12,441,250	12,383,771	9,667,730
6.02	Property		1	Research Park Office Center	1.1%		10,553,125	10,504,369	8,200,524
6.03	Property		1	Regions Center	1.1%		9,738,125	9,693,135	7,567,211
6.04	Property		1	301 Voyager Way	0.8%		7,357,500	7,323,508	5,717,297
6.05	Property		1	Intuitive Center I & II	0.6%		5,491,250	5,465,880	4,267,089
6.06	Property		1	Lakeside Center I & II	0.5%		4,418,750	4,398,335	3,433,681
7	Loan		1	Venice Crossroads	4.9%	285.77	45,100,000	45,100,000	45,100,000	2.95000%	0.06500%	2.88500%	NAP	112,410.71
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	423.82	45,000,000	45,000,000	45,000,000	3.25000%	0.01321%	3.23679%	NAP	123,567.71
9	Loan	45, 46	1	Marina Pacifica	3.6%	111.38	33,330,000	33,104,772	10,865,129	3.80000%	0.06500%	3.73500%	334,291.04	NAP
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	153.15	30,000,000	30,000,000	30,000,000	4.13000%	0.06500%	4.06500%	NAP	104,684.03
11	Loan		1	Tanglewood Apartments	3.3%	78,125.00	30,000,000	30,000,000	30,000,000	3.83000%	0.06500%	3.76500%	NAP	97,079.86
12	Loan	52	1	Axis Apartments and Lofts	2.9%	140,625.00	27,000,000	27,000,000	27,000,000	3.85000%	0.06500%	3.78500%	NAP	87,828.13
13	Loan		1	Shops of Wisconsin	2.9%	376.33	26,750,000	26,750,000	26,750,000	3.41000%	0.06500%	3.34500%	NAP	77,070.34
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	381,159.42	26,500,000	26,500,000	26,500,000	3.45000%	0.01321%	3.43679%	NAP	77,245.66
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	597.29	25,176,796	25,176,796	25,176,796	2.72466879%	0.01821%	2.70645879%	NAP	57,959.32
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	177,304.96	25,000,000	25,000,000	25,000,000	3.77000%	0.06500%	3.70500%	NAP	79,632.52
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	185.96	23,000,000	23,000,000	23,000,000	4.28000%	0.06500%	4.21500%	NAP	83,172.69
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	644.17	21,000,000	21,000,000	21,000,000	3.15000%	0.01321%	3.13679%	NAP	55,890.63
19	Loan		1	93 East Apartments	2.3%	107,692.31	21,000,000	21,000,000	21,000,000	4.20000%	0.06500%	4.13500%	NAP	74,520.83
20	Loan	70	1	Cabelas	2.2%	155.01	20,000,000	20,000,000	20,000,000	4.40000%	0.06500%	4.33500%	NAP	74,351.85
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	123.00	19,665,000	19,665,000	16,342,429	3.53000%	0.01321%	3.51679%	88,634.28	58,651.32
22	Loan		1	Falls of West Oaks	2.1%	67,708.33	19,500,000	19,500,000	15,864,662	3.80000%	0.06500%	3.73500%	90,861.68	62,607.64
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	225.05	17,675,000	17,675,000	13,864,405	3.66000%	0.01321%	3.64679%	80,955.66	NAP
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%		10,225,000	10,225,000	8,020,568
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%		5,040,000	5,040,000	3,953,414
23.03	Property		1	97 North Sea Road	0.3%		2,410,000	2,410,000	1,890,422
24	Loan	8, 77	1	Centene	1.7%	320.59	15,600,000	15,600,000	15,600,000	3.41500%	0.06500%	3.35000%	NAP	45,011.60
25	Loan	78, 79	1	Reside Market Street	1.5%	192.81	14,200,000	14,120,036	11,216,427	3.84500%	0.06500%	3.78000%	66,530.23	NAP
26	Loan	80, 81	1	477 Rodeo	1.5%	944.16	14,000,000	14,000,000	14,000,000	3.01000%	0.06500%	2.94500%	NAP	35,604.40
27	Loan		1	Carrington Court Apartments	1.2%	69,878.26	11,000,000	10,901,009	8,600,397	3.57000%	0.06500%	3.50500%	49,825.74	NAP
28	Loan		1	Villa Adora	1.1%	39,622.64	10,500,000	10,500,000	10,500,000	3.29000%	0.06500%	3.22500%	NAP	29,187.33
29	Loan	82	1	Temecula Creek Plaza	1.1%	151.54	10,325,000	10,325,000	10,325,000	3.48000%	0.06500%	3.41500%	NAP	30,358.37
30	Loan		1	Times Square Apartments	1.1%	106,250.00	10,200,000	10,200,000	10,200,000	3.73000%	0.06500%	3.66500%	NAP	32,145.35
31	Loan	83	1	2400 Hudson	1.1%	71,942.45	10,000,000	10,000,000	10,000,000	3.00500%	0.06500%	2.94000%	NAP	25,389.47
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	263,888.89	9,500,000	9,500,000	9,500,000	3.34000%	0.06500%	3.27500%	NAP	26,808.91
33	Loan		1	Jupiter Park Self Storage	0.9%	132.43	8,400,000	8,400,000	7,597,096	3.80000%	0.01321%	3.78679%	39,140.42	26,969.44
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	154,761.90	6,500,000	6,500,000	6,500,000	4.00000%	0.06500%	3.93500%	NAP	21,967.59
35	Loan	87	1	Northgate	0.5%	57,142.86	4,400,000	4,400,000	3,763,152	4.55000%	0.06500%	4.48500%	22,425.06	16,915.05

A-1-3

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Annual Debt Service (P&I) ($)	Annual Debt Service (IO) ($)	Amortization Type	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.)
						2
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	NAP	2,205,175.92	Interest Only - ARD	Yes	Actual/360	120	120	120	120
2	Loan	18, 19	1	50 Horseblock	6.4%	NAP	1,914,222.24	Interest Only	No	Actual/360	120	115	120	115
3	Loan	20, 21, 22	1	Rox San	5.7%	NAP	1,737,988.08	Interest Only	No	Actual/360	84	80	84	80
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	NAP	1,295,243.04	Interest Only - ARD	Yes	Actual/360	120	120	120	120
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	NAP	1,769,236.08	Interest Only	No	Actual/360	120	119	120	119
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	2,664,215.40	NAP	Amortizing Balloon	No	Actual/360	0	0	120	117
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	NAP	1,348,928.52	Interest Only	No	Actual/360	120	116	120	116
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	NAP	1,482,812.52	Interest Only	No	Actual/360	120	99	120	99
9	Loan	45, 46	1	Marina Pacifica	3.6%	4,011,492.48	NAP	Amortizing Balloon	No	Actual/360	0	0	86	85
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	NAP	1,256,208.36	Interest Only	No	Actual/360	84	79	84	79
11	Loan		1	Tanglewood Apartments	3.3%	NAP	1,164,958.32	Interest Only	No	Actual/360	120	120	120	120
12	Loan	52	1	Axis Apartments and Lofts	2.9%	NAP	1,053,937.56	Interest Only	No	Actual/360	120	120	120	120
13	Loan		1	Shops of Wisconsin	2.9%	NAP	924,844.08	Interest Only	No	Actual/360	120	116	120	116
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	NAP	926,947.92	Interest Only	No	Actual/360	120	117	120	117
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	NAP	695,511.84	Interest Only	No	Actual/360	84	81	84	81
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	NAP	955,590.24	Interest Only	No	Actual/360	120	118	120	118
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	NAP	998,072.28	Interest Only	No	Actual/360	84	77	84	77
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	NAP	670,687.56	Interest Only	No	Actual/360	120	117	120	117
19	Loan		1	93 East Apartments	2.3%	NAP	894,249.96	Interest Only	No	Actual/360	120	115	120	115
20	Loan	70	1	Cabelas	2.2%	NAP	892,222.20	Interest Only - ARD	Yes	Actual/360	120	120	120	120
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	1,063,611.36	703,815.84	Interest Only, Amortizing Balloon	No	Actual/360	24	23	120	119
22	Loan		1	Falls of West Oaks	2.1%	1,090,340.16	751,291.68	Interest Only, Amortizing Balloon	No	Actual/360	12	7	120	115
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	971,467.92	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	NAP	540,139.20	Interest Only	No	Actual/360	120	114	120	114
25	Loan	78, 79	1	Reside Market Street	1.5%	798,362.76	NAP	Amortizing Balloon	No	Actual/360	0	0	120	116
26	Loan	80, 81	1	477 Rodeo	1.5%	NAP	427,252.80	Interest Only	No	Actual/360	120	118	120	118
27	Loan		1	Carrington Court Apartments	1.2%	597,908.88	NAP	Amortizing Balloon	No	Actual/360	0	0	120	114
28	Loan		1	Villa Adora	1.1%	NAP	350,247.96	Interest Only	No	Actual/360	120	119	120	119
29	Loan	82	1	Temecula Creek Plaza	1.1%	NAP	364,300.44	Interest Only	No	Actual/360	120	120	120	120
30	Loan		1	Times Square Apartments	1.1%	NAP	385,744.20	Interest Only	No	Actual/360	120	116	120	116
31	Loan	83	1	2400 Hudson	1.1%	NAP	304,673.64	Interest Only	No	Actual/360	120	120	120	120
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	NAP	321,706.92	Interest Only	No	Actual/360	120	119	120	119
33	Loan		1	Jupiter Park Self Storage	0.9%	469,685.04	323,633.28	Interest Only, Amortizing Balloon	No	Actual/360	60	57	120	117
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	NAP	263,611.08	Interest Only	No	Actual/360	120	115	120	115
35	Loan	87	1	Northgate	0.5%	269,100.72	202,980.60	Interest Only, Amortizing Balloon	No	Actual/360	24	19	120	115

A-1-4

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Original Amortization Term (Mos.)	Remaining Amortization Term (Mos.)	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	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	0	0	10/14/2021	0	6	12/6/2021	NAP	11/6/2031	11/6/2036	0
2	Loan	18, 19	1	50 Horseblock	6.4%	0	0	6/3/2021	5	5	7/5/2021	NAP	6/5/2031	NAP	0
3	Loan	20, 21, 22	1	Rox San	5.7%	0	0	6/18/2021	4	5	8/5/2021	NAP	7/5/2028	NAP	0
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	0	0	10/20/2021	0	6	12/6/2021	NAP	11/6/2031	6/6/2034	0
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	0	0	9/28/2021	1	6	11/6/2021	NAP	10/6/2031	NAP	0
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	360	357	7/20/2021	3	6	9/6/2021	9/6/2021	8/6/2031	NAP	0
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	0	0	7/2/2021	4	5	8/5/2021	NAP	7/5/2031	NAP	0
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	0	0	1/21/2020	21	1	3/1/2020	NAP	2/1/2030	NAP	0
9	Loan	45, 46	1	Marina Pacifica	3.6%	120	119	9/20/2021	1	5	11/5/2021	11/5/2021	12/5/2028	NAP	0
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	0	0	5/11/2021	5	5	7/5/2021	NAP	6/5/2028	NAP	0
11	Loan		1	Tanglewood Apartments	3.3%	0	0	10/15/2021	0	5	12/5/2021	NAP	11/5/2031	NAP	0
12	Loan	52	1	Axis Apartments and Lofts	2.9%	0	0	10/8/2021	0	5	12/5/2021	NAP	11/5/2031	NAP	0
13	Loan		1	Shops of Wisconsin	2.9%	0	0	6/21/2021	4	5	8/5/2021	NAP	7/5/2031	NAP	0
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	0	0	7/20/2021	3	6	9/6/2021	NAP	8/6/2031	NAP	0
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	0	0	7/9/2021	3	6	9/6/2021	NAP	8/6/2028	NAP	0
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	0	0	8/10/2021	2	5	10/5/2021	NAP	9/5/2031	NAP	0
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	0	0	3/31/2021	7	5	5/5/2021	NAP	4/5/2028	NAP	0
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	0	0	7/28/2021	3	6	9/6/2021	NAP	8/6/2031	NAP	0
19	Loan		1	93 East Apartments	2.3%	0	0	6/4/2021	5	5	7/5/2021	NAP	6/5/2031	NAP	0
20	Loan	70	1	Cabelas	2.2%	0	0	10/20/2021	0	5	12/5/2021	NAP	11/5/2031	4/5/2044	0
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	360	360	9/27/2021	1	6	11/6/2021	11/6/2023	10/6/2031	NAP	0
22	Loan		1	Falls of West Oaks	2.1%	360	360	5/24/2021	5	5	7/5/2021	7/5/2022	6/5/2031	NAP	0
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	360	360	10/22/2021	0	6	12/6/2021	12/6/2021	11/6/2031	NAP	0
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	0	0	5/4/2021	6	5	6/5/2021	NAP	5/5/2031	NAP	0
25	Loan	78, 79	1	Reside Market Street	1.5%	360	356	6/30/2021	4	5	8/5/2021	8/5/2021	7/5/2031	NAP	0
26	Loan	80, 81	1	477 Rodeo	1.5%	0	0	8/27/2021	2	5	10/5/2021	NAP	9/5/2031	NAP	0
27	Loan		1	Carrington Court Apartments	1.2%	360	354	4/8/2021	6	5	6/5/2021	6/5/2021	5/5/2031	NAP	0
28	Loan		1	Villa Adora	1.1%	0	0	9/14/2021	1	5	11/5/2021	NAP	10/5/2031	NAP	0
29	Loan	82	1	Temecula Creek Plaza	1.1%	0	0	10/15/2021	0	5	12/5/2021	NAP	11/5/2031	NAP	0
30	Loan		1	Times Square Apartments	1.1%	0	0	6/23/2021	4	5	8/5/2021	NAP	7/5/2031	NAP	0
31	Loan	83	1	2400 Hudson	1.1%	0	0	10/12/2021	0	5	12/5/2021	NAP	11/5/2031	NAP	0
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	0	0	9/13/2021	1	5	11/5/2021	NAP	10/5/2031	NAP	0
33	Loan		1	Jupiter Park Self Storage	0.9%	360	360	7/27/2021	3	6	9/6/2021	9/6/2026	8/6/2031	NAP	0
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	0	0	5/26/2021	5	5	7/5/2021	NAP	6/5/2031	NAP	0
35	Loan	87	1	Northgate	0.5%	360	360	5/10/2021	5	5	7/5/2021	7/5/2023	6/5/2031	NAP	0

A-1-5

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Grace Period - Default (Days)	Prepayment Provision	Most Recent EGI ($)	Most Recent Expenses ($)	Most Recent NOI ($)	Most Recent NOI Date	Most Recent Description	Second Most Recent EGI ($)
							3
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	0	L(24),DorYM1(89),O(7)	NAV	NAV	NAV	NAV	NAV	NAV
2	Loan	18, 19	1	50 Horseblock	6.4%	0	L(23),YM1(12),DorYM1(80),O(5)	NAV	NAV	NAV	NAV	NAV	NAV
3	Loan	20, 21, 22	1	Rox San	5.7%	0	L(35),D(45),O(4)	4,706,525	1,403,195	3,303,330	3/31/2021	T-12	4,686,632
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	0	L(24),D(89),O(7)	NAV	NAV	NAV	NAV	NAV	NAV
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	0	L(25),D(91),O(4)	9,426,667	2,103,305	7,323,362	6/30/2021	T-12	9,733,855
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	0	L(27),D(89),O(4)	17,664,651	8,409,886	9,254,766	4/30/2021	T-12	17,372,656
6.01	Property		1	Research Place	1.3%			4,236,806	2,151,455	2,085,351	4/30/2021	T-12	4,262,193
6.02	Property		1	Research Park Office Center	1.1%			3,353,872	1,292,352	2,061,520	4/30/2021	T-12	3,229,387
6.03	Property		1	Regions Center	1.1%			3,529,057	1,638,266	1,890,792	4/30/2021	T-12	3,436,531
6.04	Property		1	301 Voyager Way	0.8%			1,929,126	889,278	1,039,848	4/30/2021	T-12	1,896,262
6.05	Property		1	Intuitive Center I & II	0.6%			2,581,328	1,324,780	1,256,549	4/30/2021	T-12	2,574,567
6.06	Property		1	Lakeside Center I & II	0.5%			2,034,462	1,113,756	920,706	4/30/2021	T-12	1,973,716
7	Loan		1	Venice Crossroads	4.9%	0	L(28),D(87),O(5)	6,489,530	1,773,009	4,716,521	4/30/2021	T-12	6,440,211
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	0	L(36),D(77),O(7)	48,328,349	19,224,204	29,104,145	12/31/2020	T-12	63,982,892
9	Loan	45, 46	1	Marina Pacifica	3.6%	0	L(25),YM1(57),O(4)	6,924,725	2,492,772	4,431,953	5/31/2021	T-12	7,062,664
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	0	L(29),D(51),O(4)	8,680,540	2,859,435	5,821,105	3/31/2021	T-12	8,591,324
11	Loan		1	Tanglewood Apartments	3.3%	0	L(35),D(81),O(4)	4,315,835	1,706,922	2,608,912	8/31/2021	T-12	4,093,006
12	Loan	52	1	Axis Apartments and Lofts	2.9%	0	L(24),DorYM1(91),O(5)	2,558,694	1,151,147	1,407,548	6/30/2021	T-12	NAV
13	Loan		1	Shops of Wisconsin	2.9%	0	L(35),D(80),O(5)	2,656,001	774,464	1,881,538	4/30/2021	T-12	2,682,883
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	0	L(27),D(89),O(4)	NAV	NAV	NAV	NAV	NAV	NAV
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	0	YM(27),DorYM(51),O(6)	66,971,660	15,563,367	51,408,293	4/30/2021	T-12	61,913,927
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	0	L(26),D(91),O(3)	3,350,550	1,540,291	1,810,259	8/31/2021	T-12	1,677,523
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	0	L(31),D(49),O(4)	11,412,304	3,353,222	8,059,082	12/31/2020	T-12	13,654,879
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	0	L(27),D(88),O(5)	2,569,769	661,403	1,908,367	5/31/2021	T-12	2,448,312
19	Loan		1	93 East Apartments	2.3%	0	L(29),D(87),O(4)	2,585,443	986,935	1,598,508	4/30/2021	T-12	2,558,784
20	Loan	70	1	Cabelas	2.2%	0	L(24),D(92),O(4)	NAV	NAV	NAV	NAV	NAV	NAV
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	0	L(25),D(91),O(4)	2,179,509	575,938	1,603,570	2/28/2021	T-2 Ann	2,353,292
22	Loan		1	Falls of West Oaks	2.1%	0	L(29),D(87),O(4)	2,872,175	1,357,421	1,514,754	3/31/2021	T-12	2,794,289
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	0	L(24),D(92),O(4)	1,529,606	369,673	1,159,933	6/30/2021	T-12	1,086,744
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%			422,067	84,725	337,342	6/30/2021	T-12	NAV
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%			876,819	251,613	625,206	6/30/2021	T-12	857,494
23.03	Property		1	97 North Sea Road	0.3%			230,719	33,335	197,384	6/30/2021	T-12	229,250
24	Loan	8, 77	1	Centene	1.7%	0	L(30),D(84),O(6)	NAV	NAV	NAV	NAV	NAV	NAV
25	Loan	78, 79	1	Reside Market Street	1.5%	0	L(40),D(76),O(4)	1,223,010	259,577	963,433	7/31/2021	T-12	1,230,943
26	Loan	80, 81	1	477 Rodeo	1.5%	0	L(26),D(89),O(5)	1,421,073	331,369	1,089,704	6/30/2021	T-12	1,388,164
27	Loan		1	Carrington Court Apartments	1.2%	0	L(30),D(86),O(4)	1,692,147	647,259	1,044,888	2/28/2021	T-12	1,671,381
28	Loan		1	Villa Adora	1.1%	0	L(37),D(79),O(4)	2,358,936	1,369,567	989,369	7/31/2021	T-12	2,398,074
29	Loan	82	1	Temecula Creek Plaza	1.1%	0	L(24),D(92),O(4)	1,590,402	453,673	1,136,729	8/31/2021	T-12	1,511,479
30	Loan		1	Times Square Apartments	1.1%	0	L(28),D(88),O(4)	1,464,874	583,692	881,181	3/31/2021	T-12	1,468,100
31	Loan	83	1	2400 Hudson	1.1%	0	L(36),D(80),O(4)	NAV	NAV	NAV	NAV	NAV	NAV
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	0	L(35),D(81),O(4)	545,791	110,093	435,698	7/31/2021	T-3 Ann	NAV
33	Loan		1	Jupiter Park Self Storage	0.9%	0	L(27),D(88),O(5)	1,110,521	413,264	697,257	6/30/2021	T-12	962,242
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	0	L(29),D(87),O(4)	586,223	163,813	422,410	3/31/2021	T-12	454,192
35	Loan	87	1	Northgate	0.5%	0	L(29),D(88),O(3)	515,981	211,451	304,530	3/31/2021	T-12	NAV

A-1-6

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Second Most Recent Expenses ($)	Second Most Recent NOI ($)	Second Most Recent NOI Date	Second Most Recent Description	Third Most Recent EGI ($)	Third Most Recent Expenses ($)	Third Most Recent NOI ($)	Third Most Recent NOI Date	Third Most Recent Description

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
2	Loan	18, 19	1	50 Horseblock	6.4%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
3	Loan	20, 21, 22	1	Rox San	5.7%	1,190,763	3,495,869	12/31/2020	T-12	5,040,115	1,346,042	3,694,073	12/31/2019	T-12
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	2,115,805	7,618,050	12/31/2020	T-12	8,035,372	2,181,126	5,854,246	12/31/2019	T-12
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	8,249,274	9,123,382	12/31/2020	T-10 Ann	16,389,145	8,885,023	7,504,122	12/31/2019	T-12
6.01	Property		1	Research Place	1.3%	2,100,175	2,162,017	12/31/2020	T-10 Ann	3,828,667	2,040,665	1,788,003	12/31/2019	T-12
6.02	Property		1	Research Park Office Center	1.1%	1,286,599	1,942,787	12/31/2020	T-10 Ann	2,903,730	1,435,935	1,467,795	12/31/2019	T-12
6.03	Property		1	Regions Center	1.1%	1,612,136	1,824,396	12/31/2020	T-10 Ann	3,099,254	1,794,646	1,304,608	12/31/2019	T-12
6.04	Property		1	301 Voyager Way	0.8%	859,084	1,037,178	12/31/2020	T-10 Ann	1,888,894	879,335	1,009,559	12/31/2019	T-12
6.05	Property		1	Intuitive Center I & II	0.6%	1,305,226	1,269,341	12/31/2020	T-10 Ann	2,395,211	1,445,953	949,258	12/31/2019	T-12
6.06	Property		1	Lakeside Center I & II	0.5%	1,086,054	887,662	12/31/2020	T-10 Ann	2,273,388	1,288,490	984,898	12/31/2019	T-12
7	Loan		1	Venice Crossroads	4.9%	1,726,336	4,713,875	12/31/2020	T-12	5,547,687	1,801,170	3,746,517	12/31/2019	T-12
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	22,487,940	41,494,952	12/31/2019	T-12	63,904,028	22,030,551	41,873,477	12/31/2018	T-12
9	Loan	45, 46	1	Marina Pacifica	3.6%	2,300,631	4,762,033	12/31/2020	T-12	8,597,566	2,857,253	5,740,313	12/31/2019	T-12
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	2,922,878	5,668,446	12/31/2020	T-12	8,366,227	3,076,169	5,290,058	12/31/2019	T-12
11	Loan		1	Tanglewood Apartments	3.3%	1,668,539	2,424,467	12/31/2020	T-12	3,860,073	1,515,369	2,344,704	12/31/2019	T-12
12	Loan	52	1	Axis Apartments and Lofts	2.9%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
13	Loan		1	Shops of Wisconsin	2.9%	763,636	1,919,248	12/31/2020	T-12	2,627,359	564,398	2,062,962	12/31/2019	T-12
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	14,956,452	46,957,475	12/31/2020	T-12	39,444,461	14,448,761	24,995,700	12/31/2019	T-12
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	954,680	722,843	12/31/2020	T-12	NAV	NAV	NAV	NAV	NAV
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	1,656,081	11,998,799	12/31/2019	T-12	13,618,149	1,336,267	12,281,882	12/31/2018	T-12
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	646,468	1,801,844	12/31/2020	T-12	2,319,325	595,006	1,724,319	12/31/2019	T-12
19	Loan		1	93 East Apartments	2.3%	974,457	1,584,327	12/31/2020	T-12	2,438,340	956,063	1,482,277	12/31/2019	T-6 Ann
20	Loan	70	1	Cabelas	2.2%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	622,729	1,730,563	12/31/2020	T-12	2,049,729	567,857	1,481,871	12/31/2019	T-12
22	Loan		1	Falls of West Oaks	2.1%	1,340,552	1,453,737	12/31/2020	T-12	2,576,276	1,247,210	1,329,066	12/31/2019	T-12
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	321,242	765,502	12/31/2020	T-12	884,526	313,634	570,893	12/31/2019	T-12
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%	284,798	572,696	12/31/2020	T-12	659,928	278,211	381,718	12/31/2019	T-12
23.03	Property		1	97 North Sea Road	0.3%	36,444	192,806	12/31/2020	T-12	224,598	35,423	189,175	12/31/2019	T-12
24	Loan	8, 77	1	Centene	1.7%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
25	Loan	78, 79	1	Reside Market Street	1.5%	323,804	907,139	12/31/2020	T-12	1,177,361	311,296	866,065	12/31/2019	T-12
26	Loan	80, 81	1	477 Rodeo	1.5%	336,146	1,052,018	12/31/2020	T-12	1,529,497	341,829	1,187,668	12/31/2019	T-12
27	Loan		1	Carrington Court Apartments	1.2%	658,835	1,012,546	12/31/2020	T-12	1,578,345	681,161	897,184	12/31/2019	T-12
28	Loan		1	Villa Adora	1.1%	1,323,901	1,074,173	12/31/2020	T-12	2,447,480	1,265,145	1,182,335	12/31/2019	T-12
29	Loan	82	1	Temecula Creek Plaza	1.1%	443,104	1,068,375	12/31/2020	T-12	1,488,009	428,886	1,059,124	12/31/2019	T-12
30	Loan		1	Times Square Apartments	1.1%	589,700	878,400	12/31/2020	T-12	1,424,780	622,015	802,765	12/31/2019	T-12
31	Loan	83	1	2400 Hudson	1.1%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
33	Loan		1	Jupiter Park Self Storage	0.9%	381,925	580,317	12/31/2020	T-12	1,064,584	373,141	691,442	12/31/2019	T-12
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	160,933	293,259	12/31/2020	T-12	NAV	NAV	NAV	NAV	NAV
35	Loan	87	1	Northgate	0.5%	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV

A-1-7

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Underwritten Economic Occupancy (%)	Underwritten EGI ($)	Underwritten Expenses ($)	Underwritten Net Operating Income ($)	Underwritten Replacement / FF&E Reserve ($)	Underwritten TI / LC ($)	Underwritten Net Cash Flow ($)	Underwritten NOI DSCR (x)
													4
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	98.5%	92,929,288	12,225,756	80,703,532	137,285	0	80,566,247	3.50
2	Loan	18, 19	1	50 Horseblock	6.4%	95.0%	6,151,178	864,229	5,286,949	42,505	68,716	5,175,728	2.76
3	Loan	20, 21, 22	1	Rox San	5.7%	97.0%	5,758,697	1,794,797	3,963,899	11,533	-11,483	3,963,849	2.28
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	95.0%	19,193,177	6,025,100	13,168,077	0	0	13,168,077	5.00
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	93.2%	10,276,791	2,265,279	8,011,513	61,178	398,772	7,551,563	2.52
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	92.6%	17,872,284	8,526,222	9,346,062	290,828	1,057,571	7,997,664	2.19
6.01	Property		1	Research Place	1.3%	89.6%	4,436,520	2,168,968	2,267,551	15,910	270,322	1,981,319
6.02	Property		1	Research Park Office Center	1.1%	92.2%	3,335,052	1,326,018	2,009,033	69,732	222,794	1,716,507
6.03	Property		1	Regions Center	1.1%	93.2%	3,490,504	1,669,424	1,821,081	71,871	176,529	1,572,681
6.04	Property		1	301 Voyager Way	0.8%	100.0%	2,018,081	900,262	1,117,819	16,485	121,755	979,579
6.05	Property		1	Intuitive Center I & II	0.6%	98.9%	2,626,357	1,330,642	1,295,714	57,090	150,442	1,088,182
6.06	Property		1	Lakeside Center I & II	0.5%	85.0%	1,965,771	1,130,907	834,864	59,740	115,729	659,395
7	Loan		1	Venice Crossroads	4.9%	94.4%	6,306,039	2,057,464	4,248,575	41,033	32,819	4,174,723	3.15
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	95.1%	64,364,071	22,017,611	42,346,460	203,495	1,300,701	40,842,264	3.75
9	Loan	45, 46	1	Marina Pacifica	3.6%	95.0%	9,475,109	3,149,741	6,325,367	71,334	297,227	5,956,806	1.58
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	88.9%	9,308,176	3,041,693	6,266,483	84,984	117,401	6,064,099	2.18
11	Loan		1	Tanglewood Apartments	3.3%	95.0%	4,426,553	1,685,616	2,740,938	115,200	0	2,625,738	2.35
12	Loan	52	1	Axis Apartments and Lofts	2.9%	96.0%	3,273,643	1,147,203	2,126,440	48,000	0	2,078,440	2.02
13	Loan		1	Shops of Wisconsin	2.9%	88.3%	2,864,275	755,262	2,109,013	12,084	-243	2,097,172	2.28
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	95.0%	17,705,262	4,643,949	13,061,313	6,997	0	12,968,066	2.84
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	95.9%	83,142,799	19,231,486	63,911,313	15,738	566,788	63,328,788	4.92
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	95.0%	5,474,149	1,584,898	3,889,248	70,500	0	3,818,750	2.03
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	92.5%	10,582,368	3,449,559	7,132,809	102,388	365,672	6,664,749	2.42
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	95.0%	2,397,480	513,033	1,884,447	6,846	109,966	1,767,635	2.81
19	Loan		1	93 East Apartments	2.3%	95.0%	2,688,479	1,048,331	1,640,148	48,750	0	1,591,398	1.83
20	Loan	70	1	Cabelas	2.2%	95.0%	2,915,100	677,248	2,237,852	27,095	-35,488	2,246,244	2.51
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	96.0%	2,538,125	716,454	1,821,670	15,988	67,488	1,738,195	1.71
22	Loan		1	Falls of West Oaks	2.1%	93.3%	2,931,290	1,391,793	1,539,497	63,360	0	1,476,137	1.41
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	95.0%	2,110,924	483,290	1,627,632	14,832	78,537	1,534,263	1.68
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%	95.0%	1,014,141	130,016	884,124	7,850	43,628	832,646
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%	95.0%	870,012	308,109	561,902	5,779	28,894	527,229
23.03	Property		1	97 North Sea Road	0.3%	95.0%	226,771	45,165	181,606	1,203	6,015	174,388
24	Loan	8, 77	1	Centene	1.7%	95.0%	6,993,609	2,810,270	4,183,339	29,197	145,983	4,008,160	2.58
25	Loan	78, 79	1	Reside Market Street	1.5%	95.0%	1,439,696	322,686	1,117,010	20,232	9,960	1,086,818	1.40
26	Loan	80, 81	1	477 Rodeo	1.5%	95.0%	1,717,455	360,905	1,356,549	2,966	4,828	1,348,756	3.18
27	Loan		1	Carrington Court Apartments	1.2%	98.1%	1,653,510	656,934	996,576	41,184	0	955,392	1.67
28	Loan		1	Villa Adora	1.1%	97.8%	2,502,052	1,504,732	997,320	86,450	0	910,870	2.85
29	Loan	82	1	Temecula Creek Plaza	1.1%	90.3%	1,678,768	582,879	1,095,889	22,484	33,132	1,040,274	3.01
30	Loan		1	Times Square Apartments	1.1%	97.8%	1,511,476	614,557	896,919	28,800	0	868,119	2.33
31	Loan	83	1	2400 Hudson	1.1%	95.0%	3,610,697	1,064,136	2,546,561	34,750	0	2,511,811	8.36
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	95.0%	931,551	240,218	691,333	9,000	0	682,333	2.15
33	Loan		1	Jupiter Park Self Storage	0.9%	67.6%	1,211,673	475,573	736,100	9,807	0	726,294	1.57
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	97.4%	791,983	227,270	564,712	10,500	0	554,212	2.14
35	Loan	87	1	Northgate	0.5%	95.9%	602,591	219,239	383,353	15,400	0	367,953	1.42

A-1-8

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Underwritten NCF DSCR (x)	Underwritten NOI Debt Yield (%)	Underwritten NCF Debt Yield (%)	Appraised Value ($)	Appraised Value Type	Appraisal Date	Cut-off Date LTV Ratio (%)	LTV Ratio at Maturity / ARD (%)	Leased Occupancy (%)
						4								5
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	3.50	9.9%	9.9%	1,954,000,000	Prospective Market Value Upon Completion & Stabilization	4/1/2023	41.7%	41.7%	100.0%
2	Loan	18, 19	1	50 Horseblock	6.4%	2.70	9.0%	8.8%	91,300,000	As Is	4/28/2021	64.6%	64.6%	100.0%
3	Loan	20, 21, 22	1	Rox San	5.7%	2.28	7.6%	7.6%	80,000,000	As Is	4/21/2021	65.0%	65.0%	97.9%
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	5.00	13.0%	13.0%	254,000,000	As Stabilized	3/1/2023	40.0%	40.0%	98.3%
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	2.37	8.9%	8.4%	164,000,000	As Is	6/16/2021	54.9%	54.9%	93.7%
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	1.88	11.7%	10.0%	116,550,000	As Is	Various	68.3%	53.3%	92.6%
6.01	Property		1	Research Place	1.3%				29,000,000	As Is	5/26/2021			89.6%
6.02	Property		1	Research Park Office Center	1.1%				24,600,000	As Is	5/26/2021			92.3%
6.03	Property		1	Regions Center	1.1%				22,700,000	As Is	5/26/2021			93.3%
6.04	Property		1	301 Voyager Way	0.8%				17,150,000	As Is	5/26/2021			100.0%
6.05	Property		1	Intuitive Center I & II	0.6%				12,800,000	As Is	5/26/2021			99.0%
6.06	Property		1	Lakeside Center I & II	0.5%				10,300,000	As Is	5/25/2021			85.0%
7	Loan		1	Venice Crossroads	4.9%	3.09	9.4%	9.3%	82,000,000	As Is	2/17/2021	55.0%	55.0%	98.4%
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	3.61	12.3%	11.9%	647,000,000	As Is	1/12/2021	53.0%	53.0%	92.2%
9	Loan	45, 46	1	Marina Pacifica	3.6%	1.48	19.1%	18.0%	97,000,000	As Is	5/29/2021	34.1%	11.2%	96.6%
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	2.11	9.1%	8.9%	111,300,000	As Is	4/8/2021	61.5%	61.5%	89.8%
11	Loan		1	Tanglewood Apartments	3.3%	2.25	9.1%	8.8%	46,000,000	As Is	7/26/2021	65.2%	65.2%	97.9%
12	Loan	52	1	Axis Apartments and Lofts	2.9%	1.97	7.9%	7.7%	39,800,000	As Is	4/23/2021	67.8%	67.8%	97.9%
13	Loan		1	Shops of Wisconsin	2.9%	2.27	7.9%	7.8%	40,900,000	As Is	5/7/2021	65.4%	65.4%	87.4%
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	2.82	9.9%	9.9%	217,000,000	As Is	4/6/2021	60.6%	60.6%	99.0%
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	4.88	13.6%	13.5%	1,350,000,000	As Is	6/10/2021	34.8%	34.8%	92.5%
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	2.00	7.8%	7.6%	72,900,000	As Is	6/18/2021	68.6%	68.6%	96.1%
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	2.26	10.5%	9.8%	110,500,000	As Is	3/10/2021	61.5%	61.5%	100.0%
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	2.64	9.0%	8.4%	40,000,000	As Is	6/24/2021	52.5%	52.5%	100.0%
19	Loan		1	93 East Apartments	2.3%	1.78	7.8%	7.6%	33,050,000	As Is	4/30/2021	63.5%	63.5%	97.9%
20	Loan	70	1	Cabelas	2.2%	2.52	11.2%	11.2%	38,450,000	As Is	6/9/2021	52.0%	52.0%	100.0%
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	1.63	9.3%	8.8%	29,300,000	As Is	4/12/2021	67.1%	55.8%	100.0%
22	Loan		1	Falls of West Oaks	2.1%	1.35	7.9%	7.6%	27,400,000	As Is	1/28/2021	71.2%	57.9%	93.4%
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	1.58	9.2%	8.7%	24,550,000	As Is	Various	72.0%	56.5%	100.0%
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%				14,200,000	As Is	6/14/2021			100.0%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%				7,000,000	As Is	6/14/2021			100.0%
23.03	Property		1	97 North Sea Road	0.3%				3,350,000	As Is	9/1/2021			100.0%
24	Loan	8, 77	1	Centene	1.7%	2.47	8.9%	8.6%	78,700,000	As Is	3/9/2021	59.5%	59.5%	100.0%
25	Loan	78, 79	1	Reside Market Street	1.5%	1.36	7.9%	7.7%	19,050,000	As Is	4/13/2021	74.1%	58.9%	99.0%
26	Loan	80, 81	1	477 Rodeo	1.5%	3.16	9.7%	9.6%	25,000,000	As Is	6/29/2021	56.0%	56.0%	95.3%
27	Loan		1	Carrington Court Apartments	1.2%	1.60	9.1%	8.8%	16,500,000	As Is	3/4/2021	66.1%	52.1%	98.1%
28	Loan		1	Villa Adora	1.1%	2.60	9.5%	8.7%	18,800,000	As Is	7/29/2021	55.9%	55.9%	97.7%
29	Loan	82	1	Temecula Creek Plaza	1.1%	2.86	10.6%	10.1%	20,000,000	As Is	8/22/2021	51.6%	51.6%	90.3%
30	Loan		1	Times Square Apartments	1.1%	2.25	8.8%	8.5%	14,570,000	As Is	5/17/2021	70.0%	70.0%	97.9%
31	Loan	83	1	2400 Hudson	1.1%	8.24	25.5%	25.1%	45,300,000	Rental Fallback	8/3/2021	22.1%	22.1%	95.7%
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	2.12	8.1%	8.0%	14,600,000	As Is	6/10/2021	58.2%	65.1%	97.2%
33	Loan		1	Jupiter Park Self Storage	0.9%	1.55	8.8%	8.6%	12,200,000	As Is	5/24/2021	68.9%	62.3%	79.1%
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	2.10	8.7%	8.5%	9,300,000	As Is	3/10/2021	69.9%	69.9%	97.6%
35	Loan	87	1	Northgate	0.5%	1.37	8.7%	8.4%	6,100,000	As Is	3/24/2021	72.1%	61.7%	96.1%

A-1-9

3650R 2021-PF1

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

Occupancy Date

Single Tenant (Y/N)

Largest Tenant

Largest Tenant SF

Largest Tenant % of NRA

Largest Tenant Lease Expiration Date

Second Largest Tenant

Loan

8, 10, 11, 12, 13, 14, 15, 16, 17

CX - 350 & 450 Water Street

8.5%

10/14/2021

Yes

Aventis Inc.

915,233

100.0%

11/30/2036

NAP

Loan

18, 19

50 Horseblock

6.4%

11/5/2021

Yes

Amneal Pharmaceuticals LLC

472,278

100.0%

6/30/2043

NAP

Loan

20, 21, 22

Rox San

5.7%

6/15/2021

Radnet Management Inc

6,132

10.6%

6/30/2023

Dermatology Assoc Med Group

Loan

8, 23, 24, 25, 26, 27

520 Almanor

5.4%

10/20/2021

Yes

Nokia Corp

227,220

98.3%

6/30/2034

NAP

Loan

8, 28, 29, 30

Plaza La Cienega

5.4%

3/31/2021

LA Fitness

65,000

21.2%

1/31/2037

Target

Loan

8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41

Huntsville Office Portfolio

5.4%

6.01

Property

Research Place

1.3%

5/21/2021

Northrop Grumman Space & Mission Systems

224,203

81.3%

6/30/2025

GSA Dept of Army Activities

6.02

Property

Research Park Office Center

1.1%

5/21/2021

Northrop Grumman Space & Mission Systems

59,740

25.3%

6/30/2024

Simulation Technologies, Inc.

6.03

Property

Regions Center

1.1%

5/21/2021

Regions Bank

46,687

30.1%

4/30/2024

Bradley Arant Boult Cummings LLP

6.04

Property

301 Voyager Way

0.8%

11/6/2021

Yes

Northrop Grumman Space & Mission Systems

110,275

100.0%

2/28/2023

NAP

6.05

Property

Intuitive Center I & II

0.6%

5/21/2021

Intuitive Research and Technology, LLC

57,415

42.7%

8/31/2027

Pinnacle Solutions, Inc.

6.06

Property

Lakeside Center I & II

0.5%

5/21/2021

Dynetics, Inc

47,609

39.0%

11/30/2025

BAE Systems Technology Solutions & Services Inc

Loan

Venice Crossroads

4.9%

6/1/2021

Sprouts Farmers Market, Inc.

52,437

33.2%

5/6/2023

Ashley Furniture

Loan

8, 42, 43, 44

The Westchester

4.9%

5/11/2021

Nordstrom

206,197

25.5%

3/17/2035

Neiman Marcus

Loan

45, 46

Marina Pacifica

3.6%

8/31/2021

Ralphs Grocery

45,695

15.4%

9/30/2029

American Multi-Cinema

Loan

8, 47, 48, 49, 50, 51

Patewood Corporate Center

3.3%

4/30/2021

RealPage, Inc.

46,118

10.3%

10/31/2026

Day & Zimmermann

Loan

Tanglewood Apartments

3.3%

10/11/2021

NAP

Loan

Axis Apartments and Lofts

2.9%

10/1/2021

NAP

Loan

Shops of Wisconsin

2.9%

5/1/2021

Target

36,075

50.8%

1/31/2028

Trader Joe’s

Loan

8, 53, 54, 55, 56, 57

2 Washington

2.9%

7/14/2021

NAP

Loan

8, 20, 58, 59, 60, 61, 62, 63

One SoHo Square

2.7%

6/1/2021

Flatiron Health

223,402

28.4%

2/28/2031

Aetna

Loan

8, 64, 65

Icon One Daytona

2.7%

8/31/2021

NAP

Loan

8, 66, 67

PetSmart HQ

2.5%

11/5/2021

Yes

PetSmart Home Office, Inc.

365,672

100.0%

3/31/2032

NAP

Loan

68, 69

747 Amsterdam Avenue

2.3%

6/1/2021

Montclare Children’s School

20,600

63.2%

9/30/2030

CVS Pharmacy

Loan

93 East Apartments

2.3%

7/31/2021

NAP

Loan

Cabelas

2.2%

11/5/2021

Yes

Cabela’s

129,025

100.0%

5/31/2044

NAP

Loan

71, 72

CAL OES Portfolio

2.1%

11/6/2021

Yes

CA OES

159,875

100.0%

6/30/2029

NAP

Loan

Falls of West Oaks

2.1%

3/31/2021

NAP

Loan

73, 74, 75, 76

Farrell Hampton Portfolio

1.9%

23.01

Property

4, 6, 10 Sherrill Fosters Path

1.1%

10/20/2021

Farrell Building

17,851

45.8%

8/31/2034

7-Eleven

23.02

Property

Farrell Medical Plaza - 6144 Rt 25A

0.5%

10/20/2021

North Shore Community Service

4,156

14.4%

3/31/2025

PPT Management

23.03

Property

97 North Sea Road

0.3%

10/20/2021

Green Logic

1,881

31.3%

1/31/2023

Goldentree Asset Management LP

Loan

8, 77

Centene

1.7%

11/5/2021

Yes

Centene

145,983

100.0%

11/30/2030

NAP

Loan

78, 79

Reside Market Street

1.5%

8/31/2021

Bardea

5,273

44.3%

8/31/2031

Starbucks

Loan

80, 81

477 Rodeo

1.5%

7/1/2021

Christian Louboutin

4,617

31.1%

9/30/2025

Jared Najjar

Loan

Carrington Court Apartments

1.2%

2/1/2021

NAP

Loan

Villa Adora

1.1%

7/29/2021

NAP

Loan

Temecula Creek Plaza

1.1%

10/1/2021

CVS

15,671

23.0%

9/30/2027

PNC Bank (formerly BBVA Compass)

Loan

Times Square Apartments

1.1%

5/17/2021

NAP

Loan

2400 Hudson

1.1%

8/1/2021

NAP

Loan

84, 85

Echo-Westlake Multi

1.0%

8/7/2021

NAP

Loan

Jupiter Park Self Storage

0.9%

6/30/2021

NAP

Loan

PeachTree Plaza Apartments

0.7%

3/31/2021

NAP

Loan

Northgate

0.5%

4/2/2021

NAP

A-1-10

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Second Largest Tenant SF	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	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
2	Loan	18, 19	1	50 Horseblock	6.4%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan	20, 21, 22	1	Rox San	5.7%	5,283	9.2%	3/31/2022	Calvert Ent. Inc.	4,502	7.8%	9/30/2030
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	61,965	20.3%	1/31/2036	Ross Dress For Less	27,003	8.8%	1/31/2030
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%
6.01	Property		1	Research Place	1.3%	17,582	6.4%	8/31/2031	Wiregrass Hospice LLC (Gentiva)	5,415	2.0%	7/31/2024
6.02	Property		1	Research Park Office Center	1.1%	30,699	13.0%	4/30/2026	Nou Systems, Inc.	26,320	11.1%	6/30/2026
6.03	Property		1	Regions Center	1.1%	21,491	13.9%	12/31/2021	Quadrus Corporation	8,246	5.3%	5/31/2023
6.04	Property		1	301 Voyager Way	0.8%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
6.05	Property		1	Intuitive Center I & II	0.6%	45,605	34.0%	4/30/2028	The Aerospace Corporation	13,143	9.8%	10/31/2022
6.06	Property		1	Lakeside Center I & II	0.5%	11,320	9.3%	1/31/2023	Jacobs Engineering Group Inc	9,494	7.8%	4/30/2026
7	Loan		1	Venice Crossroads	4.9%	36,700	23.3%	7/31/2028	Ross Stores, Inc.	30,450	19.3%	1/31/2024
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	143,196	17.7%	1/21/2027	Crate & Barrel	33,500	4.1%	1/31/2024
9	Loan	45, 46	1	Marina Pacifica	3.6%	44,107	14.8%	1/31/2027	LA Fitness	33,987	11.4%	3/18/2039
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	45,253	10.1%	3/1/2025	The Gordian Group	43,785	9.8%	6/30/2030
11	Loan		1	Tanglewood Apartments	3.3%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan	52	1	Axis Apartments and Lofts	2.9%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13	Loan		1	Shops of Wisconsin	2.9%	8,749	12.3%	6/30/2030	Fitology	3,219	4.5%	7/31/2030
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	106,350	13.5%	7/31/2029	MAC	88,699	11.3%	3/31/2034
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	12,000	36.8%	9/30/2023	NAP	NAP	NAP	NAP
19	Loan		1	93 East Apartments	2.3%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
20	Loan	70	1	Cabelas	2.2%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
22	Loan		1	Falls of West Oaks	2.1%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%	1,994	5.1%	3/14/2022	QuigleyArt	1,945	5.0%	4/30/2023
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%	3,223	11.2%	1/31/2023	Suffolk County ObGYN	3,058	10.6%	11/30/2021
23.03	Property		1	97 North Sea Road	0.3%	1,685	28.0%	4/30/2022	Axonic Capital	1,316	21.9%	9/30/2023
24	Loan	8, 77	1	Centene	1.7%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan	78, 79	1	Reside Market Street	1.5%	2,883	24.2%	10/31/2026	Tom’s Dim Sum	2,031	17.1%	3/31/2025
26	Loan	80, 81	1	477 Rodeo	1.5%	1,445	9.7%	3/31/2022	Stavros Merjos	1,400	9.4%	8/31/2027
27	Loan		1	Carrington Court Apartments	1.2%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan		1	Villa Adora	1.1%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
29	Loan	82	1	Temecula Creek Plaza	1.1%	3,863	5.7%	9/30/2022	Temecula Pizza Factory	3,661	5.4%	2/28/2031
30	Loan		1	Times Square Apartments	1.1%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan	83	1	2400 Hudson	1.1%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan		1	Jupiter Park Self Storage	0.9%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	NAP	NAP	NAP	NAP	NAP	NAP	NAP
35	Loan	87	1	Northgate	0.5%	NAP	NAP	NAP	NAP	NAP	NAP	NAP

A-1-11

3650R 2021-PF1

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

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

Fifth Largest Tenant % of NRA

Fifth Largest Tenant Lease Expiration Date

Loan

8, 10, 11, 12, 13, 14, 15, 16, 17

CX - 350 & 450 Water Street

8.5%

NAP

Loan

18, 19

50 Horseblock

6.4%

NAP

Loan

20, 21, 22

Rox San

5.7%

Randal Haworth

3,922

6.8%

4/30/2025

Benjamin Talei MD

3,500

6.1%

3/31/2026

Loan

8, 23, 24, 25, 26, 27

520 Almanor

5.4%

NAP

Loan

8, 28, 29, 30

Plaza La Cienega

5.4%

Smart & Final Stores LLC

24,000

7.8%

10/31/2036

CVS

14,200

4.6%

11/30/2061

Loan

8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41

Huntsville Office Portfolio

5.4%

6.01

Property

Research Place

1.3%

NAP

6.02

Property

Research Park Office Center

1.1%

Redstone Federal Credit Union

24,455

10.3%

4/30/2023

Digiflight, Inc.

19,592

8.3%

4/30/2025

6.03

Property

Regions Center

1.1%

Barge Design Solutions, Inc.

7,529

4.9%

2/28/2023

Etruck Biz, Inc.

4,999

3.2%

10/31/2022

6.04

Property

301 Voyager Way

0.8%

NAP

6.05

Property

Intuitive Center I & II

0.6%

Gleason Research Associates

6,801

5.1%

8/31/2022

EFW, Inc.

3,766

2.8%

7/31/2022

6.06

Property

Lakeside Center I & II

0.5%

Northrop Grumman Space & Mission Systems

6,016

4.9%

12/31/2021

Koda Technologies, Inc.

5,546

4.5%

1/31/2026

Loan

Venice Crossroads

4.9%

CVS

18,018

11.4%

1/31/2023

JPMorgan Chase Bank

4,391

2.8%

8/31/2025

Loan

8, 42, 43, 44

The Westchester

4.9%

Arhaus

17,810

2.2%

6/30/2031

Urban Outfitters

10,424

1.3%

1/31/2023

Loan

45, 46

Marina Pacifica

3.6%

Barnes & Noble Bookstore

30,023

10.1%

7/31/2024

Nordstrom Rack

24,080

8.1%

9/30/2025

Loan

8, 47, 48, 49, 50, 51

Patewood Corporate Center

3.3%

Wood Group

42,648

9.5%

8/31/2023

Ogletree Deakins

41,508

9.3%

4/30/2024

Loan

Tanglewood Apartments

3.3%

NAP

Loan

Axis Apartments and Lofts

2.9%

NAP

Loan

Shops of Wisconsin

2.9%

Ben Manesh DDS V, P.C.

3,133

4.4%

1/31/2025

TK Martial Arts

2,586

3.6%

8/31/2029

Loan

8, 53, 54, 55, 56, 57

2 Washington

2.9%

NAP

Loan

8, 20, 58, 59, 60, 61, 62, 63

One SoHo Square

2.7%

Warby Parker

83,286

10.6%

1/31/2025

Juul Labs

54,068

6.9%

5/31/2032

Loan

8, 64, 65

Icon One Daytona

2.7%

NAP

Loan

8, 66, 67

PetSmart HQ

2.5%

NAP

Loan

68, 69

747 Amsterdam Avenue

2.3%

NAP

Loan

93 East Apartments

2.3%

NAP

Loan

Cabelas

2.2%

NAP

Loan

71, 72

CAL OES Portfolio

2.1%

NAP

Loan

Falls of West Oaks

2.1%

NAP

Loan

73, 74, 75, 76

Farrell Hampton Portfolio

1.9%

23.01

Property

4, 6, 10 Sherrill Fosters Path

1.1%

Warren S. Neidich

1,945

5.0%

11/30/2021

Shepard Co.

1,906

4.9%

4/6/2026

23.02

Property

Farrell Medical Plaza - 6144 Rt 25A

0.5%

LI Rheumatology & Osteoporosis

2,961

10.2%

6/30/2022

St. Charles Hospital

2,200

7.6%

9/30/2026

23.03

Property

97 North Sea Road

0.3%

Investors Bank

1,133

18.8%

7/21/2025

NAP

Loan

8, 77

Centene

1.7%

NAP

Loan

78, 79

Reside Market Street

1.5%

Merchant Bar

1,715

14.4%

5/31/2031

NAP

Loan

80, 81

477 Rodeo

1.5%

Bang and Olufsen

1,320

8.9%

11/30/2021

John Kelly Foods Inc.

980

6.6%

10/31/2025

Loan

Carrington Court Apartments

1.2%

NAP

Loan

Villa Adora

1.1%

NAP

Loan

Temecula Creek Plaza

1.1%

Hot Food, Inc

2,748

4.0%

3/31/2022

Francesca’s Italian

2,649

3.9%

8/31/2025

Loan

Times Square Apartments

1.1%

NAP

Loan

2400 Hudson

1.1%

NAP

Loan

84, 85

Echo-Westlake Multi

1.0%

NAP

Loan

Jupiter Park Self Storage

0.9%

NAP

Loan

PeachTree Plaza Apartments

0.7%

NAP

Loan

Northgate

0.5%

NAP

A-1-12

3650R 2021-PF1

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

Environmental Phase I Report Date

Environmental Phase II Report Date

Engineering Report Date

Seismic Report Date

PML or SEL (%)

Flood Zone

Ownership Interest

Ground Lease Expiration Date

Ground Lease Extension Terms

Loan

8, 10, 11, 12, 13, 14, 15, 16, 17

CX - 350 & 450 Water Street

8.5%

9/23/2021

NAP

10/12/2021

NAP

Fee

NAP

Loan

18, 19

50 Horseblock

6.4%

1/21/2021

NAP

1/21/2021

NAP

Fee

NAP

Loan

20, 21, 22

Rox San

5.7%

5/4/2021

NAP

5/3/2021

13%

Fee

NAP

Loan

8, 23, 24, 25, 26, 27

520 Almanor

5.4%

6/15/2021

NAP

6/15/2021

10%

Leasehold

6/30/2116

None

Loan

8, 28, 29, 30

Plaza La Cienega

5.4%

6/24/2021

NAP

6/24/2021

12%

Fee / Leasehold

3/31/2041

1, 29-year extension option

Loan

8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41

Huntsville Office Portfolio

5.4%

11/6/2106

None

6.01

Property

Research Place

1.3%

6/2/2021

NAP

6/2/2021

NAP

Leasehold

NAV

6.02

Property

Research Park Office Center

1.1%

6/2/2021

NAP

6/2/2021

NAP

Leasehold

NAV

6.03

Property

Regions Center

1.1%

6/1/2021

NAP

6/2/2021

NAP

Leasehold

NAV

6.04

Property

301 Voyager Way

0.8%

6/1/2021

NAP

6/2/2021

NAP

Leasehold

NAV

6.05

Property

Intuitive Center I & II

0.6%

6/1/2021

NAP

6/2/2021

NAP

Leasehold

NAV

6.06

Property

Lakeside Center I & II

0.5%

6/1/2021

NAP

6/2/2021

NAP

Leasehold

NAV

Loan

Venice Crossroads

4.9%

3/12/2021

NAP

3/12/2021

15%

Fee

NAP

Loan

8, 42, 43, 44

The Westchester

4.9%

1/6/2020

NAP

1/6/2020

NAP

Fee / Leasehold

12/30/2091

None

Loan

45, 46

Marina Pacifica

3.6%

6/1/2021

NAP

5/28/2021

11%

Leasehold

3/19/2039

None

Loan

8, 47, 48, 49, 50, 51

Patewood Corporate Center

3.3%

12/15/2020

NAP

12/15/2020

NAP

Fee

NAP

Loan

Tanglewood Apartments

3.3%

8/4/2021

NAP

8/4/2021

NAP

Yes - AE

Fee

NAP

Loan

Axis Apartments and Lofts

2.9%

4/29/2021

NAP

4/29/2021

NAP

Fee

NAP

Loan

Shops of Wisconsin

2.9%

12/30/2020

NAP

12/29/2020

NAP

Fee

NAP

Loan

8, 53, 54, 55, 56, 57

2 Washington

2.9%

5/7/2021

NAP

7/9/2021

NAP

Yes - AE

Fee

NAP

Loan

8, 20, 58, 59, 60, 61, 62, 63

One SoHo Square

2.7%

6/18/2021

NAP

6/18/2021

NAP

Fee

NAP

Loan

8, 64, 65

Icon One Daytona

2.7%

6/25/2021

NAP

6/25/2021

NAP

Fee

NAP

Loan

8, 66, 67

PetSmart HQ

2.5%

3/15/2021

NAP

3/15/2021

NAP

Fee

NAP

Loan

68, 69

747 Amsterdam Avenue

2.3%

7/14/2021

NAP

7/14/2021

NAP

Fee

NAP

Loan

93 East Apartments

2.3%

5/20/2021

NAP

5/21/2021

NAP

Yes - AE

Fee

NAP

Loan

Cabelas

2.2%

6/7/2021

NAP

6/7/2021

6/14/2021

Fee

NAP

Loan

71, 72

CAL OES Portfolio

2.1%

4/19/2021

NAP

4/19/2021

Fee

NAP

Loan

Falls of West Oaks

2.1%

4/21/2021

NAP

4/21/2021

NAP

Yes - AE

Fee

NAP

Loan

73, 74, 75, 76

Farrell Hampton Portfolio

1.9%

23.01

Property

4, 6, 10 Sherrill Fosters Path

1.1%

7/13/2021

NAP

6/26/2021

NAP

Fee

NAP

23.02

Property

Farrell Medical Plaza - 6144 Rt 25A

0.5%

6/24/2021

NAP

6/25/2021

NAP

Fee

NAP

23.03

Property

97 North Sea Road

0.3%

9/7/2021

NAP

9/7/2021

NAP

Fee

NAP

Loan

8, 77

Centene

1.7%

3/5/2021

NAP

3/5/2021

NAP

Yes - AH

Fee

NAP

Loan

78, 79

Reside Market Street

1.5%

4/14/2021

NAP

4/14/2021

NAP

Fee

NAP

Loan

80, 81

477 Rodeo

1.5%

7/8/2021

NAP

7/8/2021

17%

Fee

NAP

Loan

Carrington Court Apartments

1.2%

3/16/2021

NAP

3/16/2021

NAP

Fee

NAP

Loan

Villa Adora

1.1%

8/11/2021

NAP

8/11/2021

NAP

Yes - AE

Fee

NAP

Loan

Temecula Creek Plaza

1.1%

8/26/2021

NAP

7/26/2021

9/21/2021

11%

Yes - AE

Fee

NAP

Loan

Times Square Apartments

1.1%

3/17/2021

NAP

3/17/2021

NAP

Fee

NAP

Loan

2400 Hudson

1.1%

7/29/2021

NAP

7/29/2021

NAP

Fee

NAP

Loan

84, 85

Echo-Westlake Multi

1.0%

6/29/2021

NAP

7/2/2021

6/29/2021

Fee

NAP

Loan

Jupiter Park Self Storage

0.9%

6/3/2021

NAP

6/3/2021

NAP

Fee

NAP

Loan

PeachTree Plaza Apartments

0.7%

4/8/2021

NAP

4/9/2021

NAP

Fee

NAP

Loan

Northgate

0.5%

4/6/2021

NAP

4/6/2021

NAP

Fee

NAP

A-1-13

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Annual Ground Lease Payment as of the Cut-off Date ($)	Annual Ground Rent Increases (Y/N)	Upfront RE Tax Reserve ($)	Monthly RE Tax Reserve ($)	Upfront Insurance Reserve ($)	Monthly Insurance Reserve ($)	Upfront Replacement / PIP Reserve ($)	Monthly Replacement / FF&E Reserve ($)

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	NAP	NAP	0	Springing	0	Springing	0	0
2	Loan	18, 19	1	50 Horseblock	6.4%	NAP	NAP	0	Springing	0	Springing	0	0
3	Loan	20, 21, 22	1	Rox San	5.7%	NAP	NAP	261,753	32,719	0	4,391	0	1,201
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	1,510,968	No	0	Springing	0	Springing	0	Springing
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	12	No	469,292	52,144	0	Springing	0	8,412
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	3,452,788	Yes	887,153	80,650	92,901	13,272	0	24,236
6.01	Property		1	Research Place	1.3%	NAV	NAV
6.02	Property		1	Research Park Office Center	1.1%	NAV	NAV
6.03	Property		1	Regions Center	1.1%	NAV	NAV
6.04	Property		1	301 Voyager Way	0.8%	NAV	NAV
6.05	Property		1	Intuitive Center I & II	0.6%	NAV	NAV
6.06	Property		1	Lakeside Center I & II	0.5%	NAV	NAV
7	Loan		1	Venice Crossroads	4.9%	NAP	NAP	209,127	69,709	0	Springing	0	3,419
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	0	No	0	Springing	0	Springing	0	Springing
9	Loan	45, 46	1	Marina Pacifica	3.6%	150,000	No	507,312	61,567	0	Springing	0	5,945
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	NAP	NAP	420,905	70,152	32,337	5,390	0	7,082
11	Loan		1	Tanglewood Apartments	3.3%	NAP	NAP	60,677	5,065	0	1,247	708,600	9,664
12	Loan	52	1	Axis Apartments and Lofts	2.9%	NAP	NAP	273,796	34,225	0	Springing	0	4,000
13	Loan		1	Shops of Wisconsin	2.9%	NAP	NAP	240,311	21,846	0	Springing	0	987
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	NAP	NAP	217,423	140,123	0	Springing	0	8,489
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	NAP	NAP	0	Springing	0	Springing	0	Springing
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	NAP	NAP	415,753	38,750	63,059	Springing	0	5,875
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	NAP	NAP	0	Springing	0	Springing	0	8,532
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	NAP	NAP	86,872	28,957	55,107	4,239	0	571
19	Loan		1	93 East Apartments	2.3%	NAP	NAP	213,245	21,325	7,302	9,599	0	4,046
20	Loan	70	1	Cabelas	2.2%	NAP	NAP	0	Springing	0	Springing	0	Springing
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	NAP	NAP	29,746	29,746	0	Springing	0	1,332
22	Loan		1	Falls of West Oaks	2.1%	NAP	NAP	216,981	43,396	110,323	19,158	0	5,280
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%			91,951	15,325	29,720	2,702	0	1,476
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%	NAP	NAP
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%	NAP	NAP
23.03	Property		1	97 North Sea Road	0.3%	NAP	NAP
24	Loan	8, 77	1	Centene	1.7%	NAP	NAP	452,320	64,617	48,840	24,420	0	0
25	Loan	78, 79	1	Reside Market Street	1.5%	NAP	NAP	64,910	6,490	0	Springing	0	1,686
26	Loan	80, 81	1	477 Rodeo	1.5%	NAP	NAP	100,870	16,812	0	Springing	0	0
27	Loan		1	Carrington Court Apartments	1.2%	NAP	NAP	27,972	13,986	4,016	4,016	82,368	Springing
28	Loan		1	Villa Adora	1.1%	NAP	NAP	97,061	32,354	145,438	5,677	0	7,204
29	Loan	82	1	Temecula Creek Plaza	1.1%	NAP	NAP	142,202	20,315	7,493	Springing	0	1,874
30	Loan		1	Times Square Apartments	1.1%	NAP	NAP	84,089	15,690	0	4,125	57,600	2,400
31	Loan	83	1	2400 Hudson	1.1%	NAP	NAP	26,212	26,212	16,284	5,428	0	0
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	NAP	NAP	32,895	3,194	0	1,217	0	750
33	Loan		1	Jupiter Park Self Storage	0.9%	NAP	NAP	54,169	9,028	0	Springing	11,000	817
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	NAP	NAP	39,086	3,909	0	Springing	0	875
35	Loan	87	1	Northgate	0.5%	NAP	NAP	1,800	583	2,158	2,192	0	1,283

A-1-14

3650R 2021-PF1

Annex A-1

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

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	0	52,062,079	Springing	0	0	0	0	0
2	Loan	18, 19	1	50 Horseblock	6.4%	0	0	Springing	0	0	0	0	0
3	Loan	20, 21, 22	1	Rox San	5.7%	33,804	1,000,000	Springing	1,000,000	0	0	0	1,875
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	0	0	Springing	0	600,000	0	0	0
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	0	0	Springing	305,229	0	0	0	0
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	0	0	86,157	4,000,000	0	0	0	32,718
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	500,000	1,250,000	Springing	1,250,000	0	0	0	0
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	543,990	0	Springing	2,322,930	0	0	0	0
9	Loan	45, 46	1	Marina Pacifica	3.6%	178,175	0	24,769	1,484,790	0	0	0	0
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	0	3,000,000	Springing	3,000,000	0	0	0	0
11	Loan		1	Tanglewood Apartments	3.3%	0	0	0	0	0	0	0	291,400
12	Loan	52	1	Axis Apartments and Lofts	2.9%	0	0	0	0	0	0	0	0
13	Loan		1	Shops of Wisconsin	2.9%	0	500,000	0	0	0	0	0	23,070
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	0	0	0	0	0	0	0	0
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	150,000	0	Springing	1,500,000	0	0	0	0
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	0	0	0	0	0	0	0	0
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	0	0	30,473	0	0	0	0	146,929
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	0	500,000	4,167	0	0	0	0	0
19	Loan		1	93 East Apartments	2.3%	0	0	0	0	0	0	0	12,188
20	Loan	70	1	Cabelas	2.2%	0	1,000,000	Springing	0	0	0	0	0
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	0	0	Springing	799,375	0	0	0	0
22	Loan		1	Falls of West Oaks	2.1%	0	0	0	0	0	0	0	197,163
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	0	0	13,090	175,000	0	0	0	0
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	0	0	0	0	0	0	0	0
25	Loan	78, 79	1	Reside Market Street	1.5%	0	0	830	0	0	0	0	0
26	Loan	80, 81	1	477 Rodeo	1.5%	0	100,000	Springing	66,591	0	0	0	0
27	Loan		1	Carrington Court Apartments	1.2%	82,368	0	0	0	348,780	0	0	467,000
28	Loan		1	Villa Adora	1.1%	0	0	0	0	0	0	0	250,000
29	Loan	82	1	Temecula Creek Plaza	1.1%	0	423,220	Springing	350,000	0	0	0	15,625
30	Loan		1	Times Square Apartments	1.1%	57,600	0	0	0	0	0	0	55,406
31	Loan	83	1	2400 Hudson	1.1%	0	0	0	0	0	0	0	0
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	0	0	0	0	0	0	0	0
33	Loan		1	Jupiter Park Self Storage	0.9%	0	0	0	0	0	0	0	239,375
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	0	0	0	0	0	0	0	2,438
35	Loan	87	1	Northgate	0.5%	0	0	0	0	20,742	0	0	0

A-1-15

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Upfront Other Reserve ($)	Monthly Other Reserve ($)	Other Reserve Description

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	97,383,122	0	Base Building Work Reserve (Upfront: 86,650,891), Aventis Rent Reserve (Upfront: 10,732,230.67)
2	Loan	18, 19	1	50 Horseblock	6.4%	0	0	NAP
3	Loan	20, 21, 22	1	Rox San	5.7%	373,439	0	Free Rent Reserve (Upfront: $164,169.41), Outstanding TI/LC Reserve (Upfront: $209,270)
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	0	Springing	Ground Rent Reserve (Monthly: Springing)
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	364,582	0	Unfunded Obligations Reserve (Upfront: $333,450), Gap Rent Reserve (Upfront: $31,132)
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	3,828,109	0	Unfunded Obligations Reserve (Upfront: $3,534,621.71), Ground Lease Reserve (Upfront: $293,487)
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	0	Springing	Low Debt Yield Cure Reserve (Monthly: Springing)
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	8,006,075	Springing	Unfunded TI Reserve (Upfront: $8,006,075), NM Reserve (Ongoing: Springing; Cap: $7,159,800)
9	Loan	45, 46	1	Marina Pacifica	3.6%	984,040	0	Rent Replication Reserve (Upfront: $759,040; Cap: $759,040), Ground Rent Reserve (Upfront: $225,000; Cap: $225,000)
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	682,885	Springing	Specified Leasing Reserve (Upfront: $298,808), Rent Replication Reserve (Upfront: $201,192; Ongoing: Springing; Cap: $100,596), Outstanding TI/LC Reserve (Upfront: $137,947), Free Rent Reserve (Upfront: $44,938)
11	Loan		1	Tanglewood Apartments	3.3%	0	0	NAP
12	Loan	52	1	Axis Apartments and Lofts	2.9%	0	0	NAP
13	Loan		1	Shops of Wisconsin	2.9%	0	0	NAP
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	8,000,000	Springing	Sonder Replacement Reserve (Upfront: $5,000,000), Rent Concession Reserve (Upfront: $3,000,000), Common Charges Reserve (Monthly: Springing)
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	0	0	NAP
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	0	0	NAP
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	9,141,800	0	PetSmart TI Reserve
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	0	0	NAP
19	Loan		1	93 East Apartments	2.3%	0	0	NAP
20	Loan	70	1	Cabelas	2.2%	0	0	NAP
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	240,760	Springing	Free Rent Reserve(Upfront: $240,760.35), Specified Tenant Termination Reserve Fund (Monthly: Springing)
22	Loan		1	Falls of West Oaks	2.1%	0	0	NAP
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	0	0	NAP
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	0	0	NAP
25	Loan	78, 79	1	Reside Market Street	1.5%	1,394,552	Springing	Bardea Work Reserve (Upfront: $1,300,000), Bardea Rent Replication Reserve (Upfront: $94,552; Monthly: Springing)
26	Loan	80, 81	1	477 Rodeo	1.5%	0	0	NAP
27	Loan		1	Carrington Court Apartments	1.2%	393,000	0	Renovations Reserve (Upfront: $283,000), ADA Reserve (Upfront: $110,000)
28	Loan		1	Villa Adora	1.1%	0	0	NAP
29	Loan	82	1	Temecula Creek Plaza	1.1%	0	0	NAP
30	Loan		1	Times Square Apartments	1.1%	0	0	NAP
31	Loan	83	1	2400 Hudson	1.1%	0	0	NAP
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	1,000,000	0	Earnout Reserve
33	Loan		1	Jupiter Park Self Storage	0.9%	0	0	NAP
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	0	0	NAP
35	Loan	87	1	Northgate	0.5%	0	0	NAP

A-1-16

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Other Reserve Cap ($)	Holdback/ Earnout Amount ($)	Holdback/ Earnout Description	Lockbox Type

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	0	0	NAP	Hard
2	Loan	18, 19	1	50 Horseblock	6.4%	0	0	NAP	Hard
3	Loan	20, 21, 22	1	Rox San	5.7%	0	0	NAP	None
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	0	0	NAP	Hard
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	0	0	NAP	Hard
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	0	0	NAP	Hard
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	0	0	NAP	Springing
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	7,159,800	0	NAP	Hard
9	Loan	45, 46	1	Marina Pacifica	3.6%	984,040	0	NAP	Hard
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	100,596	0	NAP	Hard
11	Loan		1	Tanglewood Apartments	3.3%	0	0	NAP	None
12	Loan	52	1	Axis Apartments and Lofts	2.9%	0	0	NAP	None
13	Loan		1	Shops of Wisconsin	2.9%	0	0	NAP	Hard
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	0	0	NAP	Hard (Commercial) / Soft (Residential)
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	0	0	NAP	Hard
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	0	0	NAP	None
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	0	0	NAP	Hard
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	0	0	NAP	Hard
19	Loan		1	93 East Apartments	2.3%	0	0	NAP	None
20	Loan	70	1	Cabelas	2.2%	0	0	NAP	Hard
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	0	0	NAP	Springing
22	Loan		1	Falls of West Oaks	2.1%	0	0	NAP	Springing
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	0	0	NAP	Hard (Commercial) / Soft (Residential)
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	0	0	NAP	Springing
25	Loan	78, 79	1	Reside Market Street	1.5%	0	0	NAP	Hard
26	Loan	80, 81	1	477 Rodeo	1.5%	0	0	NAP	None
27	Loan		1	Carrington Court Apartments	1.2%	0	0	NAP	Springing
28	Loan		1	Villa Adora	1.1%	0	0	NAP	Springing
29	Loan	82	1	Temecula Creek Plaza	1.1%	0	0	NAP	Hard
30	Loan		1	Times Square Apartments	1.1%	0	0	NAP	Springing
31	Loan	83	1	2400 Hudson	1.1%	0	0	NAP	None
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	0	1,000,000	Borrower shall deposit into an eligible account upon loan origination the Earnout Reserve Funds. Provided no Cash Trap Event Period is continuing, Lender shall disburse the Earnout Reserve Funds to Borrower within 10 business days after receipt of i) prior month’s rent roll with Gross Potential Rent no less than $948,240, ii) bank statements, iii) the Earnout Financial Statements and iv) the Earnout Net Cash Flow. No disbursement of the Earnout Reserve Funds shall be made prior to November 5, 2021 or after the Earnout Reserve Expiration Date.	Springing
33	Loan		1	Jupiter Park Self Storage	0.9%	0	0	NAP	Springing
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	0	0	NAP	None
35	Loan	87	1	Northgate	0.5%	0	0	NAP	Springing

A-1-17

3650R 2021-PF1

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

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 ($)

Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)

Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)

Loan

8, 10, 11, 12, 13, 14, 15, 16, 17

CX - 350 & 450 Water Street

8.5%

Springing

Yes

77,900,000

736,100,000

1,736,446.27

1,920,210.93

Loan

18, 19

50 Horseblock

6.4%

Springing

Yes

NAP

Loan

20, 21, 22

Rox San

5.7%

None

NAP

Loan

8, 23, 24, 25, 26, 27

520 Almanor

5.4%

Springing

Yes

50,000,000

51,600,000

111,390.90

219,327.82

Loan

8, 28, 29, 30

Plaza La Cienega

5.4%

Springing

Yes

50,000,000

40,000,000

117,949.08

265,385.42

Loan

8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41

Huntsville Office Portfolio

5.4%

Springing

Yes

49,768,999

29,861,399

133,210.77

355,228.72

6.01

Property

Research Place

1.3%

6.02

Property

Research Park Office Center

1.1%

6.03

Property

Regions Center

1.1%

6.04

Property

301 Voyager Way

0.8%

6.05

Property

Intuitive Center I & II

0.6%

6.06

Property

Lakeside Center I & II

0.5%

Loan

Venice Crossroads

4.9%

Springing

Yes

NAP

Loan

8, 42, 43, 44

The Westchester

4.9%

Springing

Yes

45,000,000

298,000,000

818,292.82

941,860.53

Loan

45, 46

Marina Pacifica

3.6%

In Place

Yes

NAP

Loan

8, 47, 48, 49, 50, 51

Patewood Corporate Center

3.3%

In Place

Yes

30,000,000

38,500,000

134,344.50

239,028.53

Loan

Tanglewood Apartments

3.3%

None

NAP

Loan

Axis Apartments and Lofts

2.9%

None

NAP

Loan

Shops of Wisconsin

2.9%

Springing

Yes

NAP

Loan

8, 53, 54, 55, 56, 57

2 Washington

2.9%

In Place

Yes

26,500,000

105,000,000

306,067.71

383,313.37

Loan

8, 20, 58, 59, 60, 61, 62, 63

One SoHo Square

2.7%

Springing

Yes

25,176,796

444,823,204

1,024,024.32

1,081,983.64

Loan

8, 64, 65

Icon One Daytona

2.7%

None

Yes

25,000,000

79,632.53

159,265.05

Loan

8, 66, 67

PetSmart HQ

2.5%

In Place

Yes

23,000,000

45,000,000

162,729.16

245,901.85

Loan

68, 69

747 Amsterdam Avenue

2.3%

Springing

Yes

NAP

Loan

93 East Apartments

2.3%

None

NAP

Loan

Cabelas

2.2%

Springing

Yes

NAP

Loan

71, 72

CAL OES Portfolio

2.1%

Springing

Yes

NAP

Loan

Falls of West Oaks

2.1%

Springing

Yes

NAP

Loan

73, 74, 75, 76

Farrell Hampton Portfolio

1.9%

Springing

Yes

NAP

23.01

Property

4, 6, 10 Sherrill Fosters Path

1.1%

23.02

Property

Farrell Medical Plaza - 6144 Rt 25A

0.5%

23.03

Property

97 North Sea Road

0.3%

Loan

8, 77

Centene

1.7%

Springing

Yes

15,600,000

31,200,000

90,023.19

135,034.79

Loan

78, 79

Reside Market Street

1.5%

Springing

Yes

NAP

Loan

80, 81

477 Rodeo

1.5%

None

NAP

Loan

Carrington Court Apartments

1.2%

Springing

Yes

NAP

Loan

Villa Adora

1.1%

Springing

Yes

NAP

Loan

Temecula Creek Plaza

1.1%

Springing

Yes

NAP

Loan

Times Square Apartments

1.1%

Springing

Yes

NAP

Loan

2400 Hudson

1.1%

None

NAP

Loan

84, 85

Echo-Westlake Multi

1.0%

Springing

Yes

NAP

Loan

Jupiter Park Self Storage

0.9%

Springing

Yes

NAP

Loan

PeachTree Plaza Apartments

0.7%

None

NAP

Loan

Northgate

0.5%

Springing

Yes

NAP

A-1-18

3650R 2021-PF1

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

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 (%)

Mezzanine Debt Cut-off Date Balance($)

Mezzanine Debt Interest Rate (%)

Total Debt Cut-off Date Balance ($)

Loan

8, 10, 11, 12, 13, 14, 15, 16, 17

CX - 350 & 450 Water Street

8.5%

411,000,000

2.79200%

1,225,000,000

2,889,752.32

62.7%

2.32

6.6%

NAP

Loan

18, 19

50 Horseblock

6.4%

NAP

Loan

20, 21, 22

Rox San

5.7%

NAP

Loan

8, 23, 24, 25, 26, 27

520 Almanor

5.4%

NAP

101,600,000

219,327.82

40.0%

5.00

13.0%

NAP

Loan

8, 28, 29, 30

Plaza La Cienega

5.4%

NAP

90,000,000

265,385.42

54.9%

2.37

8.9%

NAP

Loan

8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41

Huntsville Office Portfolio

5.4%

NAP

79,630,398

355,228.72

68.3%

1.88

11.7%

NAP

6.01

Property

Research Place

1.3%

6.02

Property

Research Park Office Center

1.1%

6.03

Property

Regions Center

1.1%

6.04

Property

301 Voyager Way

0.8%

6.05

Property

Intuitive Center I & II

0.6%

6.06

Property

Lakeside Center I & II

0.5%

Loan

Venice Crossroads

4.9%

NAP

Loan

8, 42, 43, 44

The Westchester

4.9%

57,000,000

3.25000%

400,000,000

1,098,379.63

61.8%

3.10

10.6%

NAP

Loan

45, 46

Marina Pacifica

3.6%

NAP

Loan

8, 47, 48, 49, 50, 51

Patewood Corporate Center

3.3%

NAP

68,500,000

239,028.53

61.5%

2.11

9.1%

10,000,000

10.00000%

78,500,000

Loan

Tanglewood Apartments

3.3%

NAP

Loan

Axis Apartments and Lofts

2.9%

NAP

Loan

Shops of Wisconsin

2.9%

NAP

Loan

8, 53, 54, 55, 56, 57

2 Washington

2.9%

NAP

131,500,000

383,313.37

60.6%

2.82

9.9%

NAP

Loan

8, 20, 58, 59, 60, 61, 62, 63

One SoHo Square

2.7%

315,000,000

2.72467%

785,000,000

1,807,142.88

58.1%

2.92

8.1%

120,000,000

5.05000%

905,000,000

Loan

8, 64, 65

Icon One Daytona

2.7%

NAP

50,000,000

159,265.05

68.6%

2.00

7.8%

NAP

Loan

8, 66, 67

PetSmart HQ

2.5%

NAP

68,000,000

245,901.85

61.5%

2.26

10.5%

12,000,000

12.00000%

80,000,000

Loan

68, 69

747 Amsterdam Avenue

2.3%

NAP

Loan

93 East Apartments

2.3%

NAP

Loan

Cabelas

2.2%

NAP

Loan

71, 72

CAL OES Portfolio

2.1%

NAP

Loan

Falls of West Oaks

2.1%

NAP

Loan

73, 74, 75, 76

Farrell Hampton Portfolio

1.9%

NAP

23.01

Property

4, 6, 10 Sherrill Fosters Path

1.1%

23.02

Property

Farrell Medical Plaza - 6144 Rt 25A

0.5%

23.03

Property

97 North Sea Road

0.3%

Loan

8, 77

Centene

1.7%

NAP

46,800,000

135,034.79

59.5%

2.47

8.9%

NAP

Loan

78, 79

Reside Market Street

1.5%

NAP

Loan

80, 81

477 Rodeo

1.5%

NAP

Loan

Carrington Court Apartments

1.2%

NAP

Loan

Villa Adora

1.1%

NAP

Loan

Temecula Creek Plaza

1.1%

NAP

Loan

Times Square Apartments

1.1%

NAP

Loan

2400 Hudson

1.1%

NAP

Loan

84, 85

Echo-Westlake Multi

1.0%

NAP

Loan

Jupiter Park Self Storage

0.9%

NAP

Loan

PeachTree Plaza Apartments

0.7%

NAP

Loan

Northgate

0.5%

NAP

A-1-19

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool 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)	Future Debt Permitted Type
								4
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	NAP	NAP	NAP	NAP	No	NAP
2	Loan	18, 19	1	50 Horseblock	6.4%	NAP	NAP	NAP	NAP	No	NAP
3	Loan	20, 21, 22	1	Rox San	5.7%	NAP	NAP	NAP	NAP	No	NAP
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	NAP	NAP	NAP	NAP	No	NAP
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	NAP	NAP	NAP	NAP	No	NAP
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	NAP	NAP	NAP	NAP	No	NAP
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	NAP	NAP	NAP	NAP	No	NAP
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	NAP	NAP	NAP	NAP	No	NAP
9	Loan	45, 46	1	Marina Pacifica	3.6%	NAP	NAP	NAP	NAP	No	NAP
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	323,519.27	70.5%	1.56	8.0%	No	NAP
11	Loan		1	Tanglewood Apartments	3.3%	NAP	NAP	NAP	NAP	No	NAP
12	Loan	52	1	Axis Apartments and Lofts	2.9%	NAP	NAP	NAP	NAP	No	NAP
13	Loan		1	Shops of Wisconsin	2.9%	NAP	NAP	NAP	NAP	No	NAP
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	NAP	NAP	NAP	NAP	No	NAP
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	2,319,156.77	67.0%	2.28	7.1%	Yes	Mezzanine (Max Principal of $90,500,000; Max Combined LTV of 67%; Min Combined DSCR of 2.22x; Min Combined Debt Yield of 6.82%; Intercreditor Agreement is required)
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	NAP	NAP	NAP	NAP	No	NAP
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	367,568.52	72.4%	1.51	8.9%	No	NAP
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	NAP	NAP	NAP	NAP	No	NAP
19	Loan		1	93 East Apartments	2.3%	NAP	NAP	NAP	NAP	No	NAP
20	Loan	70	1	Cabelas	2.2%	NAP	NAP	NAP	NAP	No	NAP
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	NAP	NAP	NAP	NAP	No	NAP
22	Loan		1	Falls of West Oaks	2.1%	NAP	NAP	NAP	NAP	No	NAP
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	NAP	NAP	NAP	NAP	No	NAP
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	NAP	NAP	NAP	NAP	No	NAP
25	Loan	78, 79	1	Reside Market Street	1.5%	NAP	NAP	NAP	NAP	No	NAP
26	Loan	80, 81	1	477 Rodeo	1.5%	NAP	NAP	NAP	NAP	No	NAP
27	Loan		1	Carrington Court Apartments	1.2%	NAP	NAP	NAP	NAP	No	NAP
28	Loan		1	Villa Adora	1.1%	NAP	NAP	NAP	NAP	No	NAP
29	Loan	82	1	Temecula Creek Plaza	1.1%	NAP	NAP	NAP	NAP	No	NAP
30	Loan		1	Times Square Apartments	1.1%	NAP	NAP	NAP	NAP	No	NAP
31	Loan	83	1	2400 Hudson	1.1%	NAP	NAP	NAP	NAP	No	NAP
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	NAP	NAP	NAP	NAP	No	NAP
33	Loan		1	Jupiter Park Self Storage	0.9%	NAP	NAP	NAP	NAP	No	NAP
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	NAP	NAP	NAP	NAP	No	NAP
35	Loan	87	1	Northgate	0.5%	NAP	NAP	NAP	NAP	No	NAP

A-1-20

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Sponsor	Non-Recourse Carveout Guarantor

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	DivcoWest; California State Teachers’ Retirement System; Teacher Retirement System of Texas	NAP
2	Loan	18, 19	1	50 Horseblock	6.4%	New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation	New Mountain Net Lease Corporation and New Mountain Net Lease Partners Corporation
3	Loan	20, 21, 22	1	Rox San	5.7%	David Taban, Manouchehr Illoulian, Michael Pashaie and K. Joseph Shabani	David Taban, Manouchehr Illoulian, Michael Pashaie and K. Joseph Shabani
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	Techcore, LLC	Techcore, LLC
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	Harbor Trading USA and Rubin Pachulski Properties 36, LLC	Harbor Trading USA and Rubin Pachulski Properties 36, LLC
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	Meyer Chetrit and Yaacov Amar	Meyer Chetrit and Yaacov Amar
6.01	Property		1	Research Place	1.3%
6.02	Property		1	Research Park Office Center	1.1%
6.03	Property		1	Regions Center	1.1%
6.04	Property		1	301 Voyager Way	0.8%
6.05	Property		1	Intuitive Center I & II	0.6%
6.06	Property		1	Lakeside Center I & II	0.5%
7	Loan		1	Venice Crossroads	4.9%	Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Said Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012, and Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Homa Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012	Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Said Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012, and Farshad T. Shooshani and Farzad Shooshani, as Co-Trustees of the Homa Shooshani Irrevocable Grantor Trust u/d/t dated November 9, 2012
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	Simon Property Group, L.P. and Institutional Mall Investors LLC	Simon Property Group, L.P.
9	Loan	45, 46	1	Marina Pacifica	3.6%	Abraham Lerner (a/k/a Avi Lerner), Christopher Ellis	Abraham Lerner (a/k/a Avi Lerner), Christopher Ellis
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	Joseph Friedland	Joseph Friedland
11	Loan		1	Tanglewood Apartments	3.3%	Andrew Schwarz	Andrew Schwarz
12	Loan	52	1	Axis Apartments and Lofts	2.9%	TK Realty Holdings, LLC	TK Realty Holdings, LLC
13	Loan		1	Shops of Wisconsin	2.9%	Norman Jemal	Norman Jemal
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	Joseph Moinian	Joseph Moinian
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	The Gluck Family Trust	The Gluck Family Trust
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	Prime Hospitality Group IV, LLC	Prime Hospitality Group, LLC
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	Walter C. Bowen	Walter C. Bowen
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	Mitchell B. Rutter and John J. Cuticelli, Jr.	Mitchell B. Rutter and John J. Cuticelli, Jr.
19	Loan		1	93 East Apartments	2.3%	Gideon D. Levy	Gideon D. Levy
20	Loan	70	1	Cabelas	2.2%	Christopher Beavor, Four Pillars Legacy Trust, Life Pillars, LLC and CAI Investments Reno-Tahoe Master Lessee, LLC	Christopher Beavor, Four Pillars Legacy Trust, Life Pillars, LLC and CAI Investments Reno-Tahoe Master Lessee, LLC
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	Jayaprasad Vejendla and Rohit Kumar	Jayaprasad Vejendla and Rohit Kumar
22	Loan		1	Falls of West Oaks	2.1%	Rao J. Polavarapu	Rao J. Polavarapu
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	Joseph G. Farrell, Jr.	Joseph G. Farrell, Jr.
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%
23.03	Property		1	97 North Sea Road	0.3%
24	Loan	8, 77	1	Centene	1.7%	Alejandro Velez	Alejandro Velez
25	Loan	78, 79	1	Reside Market Street	1.5%	Christopher Buccini, Robert Buccini and David Pollin	Christopher Buccini, Robert Buccini and David Pollin
26	Loan	80, 81	1	477 Rodeo	1.5%	Michael Pashaie	Michael Pashaie
27	Loan		1	Carrington Court Apartments	1.2%	Dan M. Stauss, Lynn Stauss and Scott Stauss	Dan M. Stauss, Lynn Stauss and Scott Stauss
28	Loan		1	Villa Adora	1.1%	Thu Zuan Hoang	Thu Zuan Hoang
29	Loan	82	1	Temecula Creek Plaza	1.1%	Jerry D. Harvey	Jerry D. Harvey and The Jerry David Harvey Revocable Living Trust dated November 9, 1998, First Amended and Restated September 26, 2001
30	Loan		1	Times Square Apartments	1.1%	Dan M. Stauss, Lynn Stauss and Scott Stauss	Dan M. Stauss, Lynn Stauss and Scott Stauss
31	Loan	83	1	2400 Hudson	1.1%	Gavriel Alexander	Gavriel Alexander
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	Alan Fattal and Haytham Kafouf	Alan Fattal and Haytham Kafouf
33	Loan		1	Jupiter Park Self Storage	0.9%	Jacob Ramage	Jacob Ramage
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	Gideon D. Levy	Gideon D. Levy
35	Loan	87	1	Northgate	0.5%	Brent Brown and Dustin Dale Emmert	Brent Brown and Dustin Dale Emmert

A-1-21

3650R 2021-PF1

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	Delaware Statutory Trust (Y/N)	Tenants-in-common (Y/N)	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 ($)	Uses: Loan Payoff ($)
									9		7
1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	No	No	Refinance	No	814,000,000	0	411,000,000	0	1,225,000,000	617,846,136
2	Loan	18, 19	1	50 Horseblock	6.4%	No	No	Recapitalization	No	59,000,000	0	0	100,000	59,100,000	0
3	Loan	20, 21, 22	1	Rox San	5.7%	No	Yes	Refinance	No	52,000,000	0	0	1,100,000	53,100,000	41,909,000
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	No	No	Acquisition	No	101,600,000	155,208,429	0	0	256,808,429	0
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	No	No	Refinance	No	90,000,000	0	0	0	90,000,000	63,286,119
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	No	No	Refinance		80,000,000	235,451	0	0	80,235,451	74,056,758
6.01	Property		1	Research Place	1.3%				Yes
6.02	Property		1	Research Park Office Center	1.1%				No
6.03	Property		1	Regions Center	1.1%				Yes
6.04	Property		1	301 Voyager Way	0.8%				Yes
6.05	Property		1	Intuitive Center I & II	0.6%				Yes
6.06	Property		1	Lakeside Center I & II	0.5%				Yes
7	Loan		1	Venice Crossroads	4.9%	No	No	Refinance	No	45,100,000	0	0	732,500	45,832,500	28,695,288
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	No	No	Refinance	No	343,000,000	0	57,000,000	0	400,000,000	318,094,845
9	Loan	45, 46	1	Marina Pacifica	3.6%	No	No	Refinance	No	33,330,000	0	0	110,000	33,440,000	28,716,352
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	No	No	Refinance	No	68,500,000	0	10,000,000	110,000	78,610,000	55,785,359
11	Loan		1	Tanglewood Apartments	3.3%	No	No	Refinance	No	30,000,000	0	0	55,000	30,055,000	19,788,360
12	Loan	52	1	Axis Apartments and Lofts	2.9%	No	No	Refinance	Yes	27,000,000	0	0	55,000	27,055,000	12,147,166
13	Loan		1	Shops of Wisconsin	2.9%	No	No	Refinance	No	26,750,000	0	0	3,950,000	30,700,000	29,531,797
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	No	No	Refinance	No	131,500,000	8,169,315	0	0	139,669,315	129,510,030
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	No	Yes	Refinance	No	470,000,000	2,309,102	435,000,000	0	907,309,102	900,036,150
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%	No	No	Refinance	No
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%	No	No	Acquisition	No
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%	No	No	Refinance	No
19	Loan		1	93 East Apartments	2.3%	No	No	Refinance	No
20	Loan	70	1	Cabelas	2.2%	Yes	No	Acquisition	No
21	Loan	71, 72	1	CAL OES Portfolio	2.1%	No	No	Acquisition	No
22	Loan		1	Falls of West Oaks	2.1%	No	No	Refinance	No
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%	No	No	Refinance
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%				No
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%				No
23.03	Property		1	97 North Sea Road	0.3%				No
24	Loan	8, 77	1	Centene	1.7%	No	No	Acquisition	No
25	Loan	78, 79	1	Reside Market Street	1.5%	No	No	Refinance	Yes
26	Loan	80, 81	1	477 Rodeo	1.5%	No	No	Refinance	No
27	Loan		1	Carrington Court Apartments	1.2%	No	No	Refinance	No
28	Loan		1	Villa Adora	1.1%	No	No	Refinance	No
29	Loan	82	1	Temecula Creek Plaza	1.1%	No	No	Acquisition	No
30	Loan		1	Times Square Apartments	1.1%	No	No	Refinance	No
31	Loan	83	1	2400 Hudson	1.1%	No	No	Refinance	No
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%	No	No	Refinance	No
33	Loan		1	Jupiter Park Self Storage	0.9%	No	No	Acquisition	No
34	Loan	86	1	PeachTree Plaza Apartments	0.7%	No	No	Refinance	Yes
35	Loan	87	1	Northgate	0.5%	No	No	Refinance	Yes

A-1-22

3650R 2021-PF1

Annex A-1

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

1	Loan	8, 10, 11, 12, 13, 14, 15, 16, 17	1	CX - 350 & 450 Water Street	8.5%	0	5,768,900	149,445,201	451,939,763	0	1,225,000,000	NAP	NAP	NAP	NAP
2	Loan	18, 19	1	50 Horseblock	6.4%	0	1,229,282	0	57,870,718	0	59,100,000	NAP	NAP	NAP	NAP
3	Loan	20, 21, 22	1	Rox San	5.7%	0	706,034	1,637,067	8,847,899	0	53,100,000	NAP	NAP	NAP	NAP
4	Loan	8, 23, 24, 25, 26, 27	1	520 Almanor	5.4%	254,000,000	2,208,429	600,000	0	0	256,808,429	NAP	NAP	NAP	NAP
5	Loan	8, 28, 29, 30	1	Plaza La Cienega	5.4%	0	672,212	833,874	25,207,796	0	90,000,000	NAP	NAP	NAP	NAP
6	Loan	8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41	6	Huntsville Office Portfolio	5.4%	0	1,337,812	4,840,881	0	0	80,235,451	NAP	NAP	NAP	NAP
6.01	Property		1	Research Place	1.3%							NAP	NAP	NAP	NAP
6.02	Property		1	Research Park Office Center	1.1%							NAP	NAP	NAP	NAP
6.03	Property		1	Regions Center	1.1%							NAP	NAP	NAP	NAP
6.04	Property		1	301 Voyager Way	0.8%							NAP	NAP	NAP	NAP
6.05	Property		1	Intuitive Center I & II	0.6%							NAP	NAP	NAP	NAP
6.06	Property		1	Lakeside Center I & II	0.5%							NAP	NAP	NAP	NAP
7	Loan		1	Venice Crossroads	4.9%	0	612,853	1,459,127	15,065,232	0	45,832,500	NAP	NAP	NAP	NAP
8	Loan	8, 42, 43, 44	1	The Westchester	4.9%	0	2,580,460	8,006,075	71,318,620	0	400,000,000	NAP	NAP	NAP	NAP
9	Loan	45, 46	1	Marina Pacifica	3.6%	0	891,980	1,491,352	2,340,316	0	33,440,000	NAP	NAP	NAP	NAP
10	Loan	8, 47, 48, 49, 50, 51	1	Patewood Corporate Center	3.3%	0	1,281,431	4,136,128	17,407,082	0	78,610,000	NAP	NAP	NAP	NAP
11	Loan		1	Tanglewood Apartments	3.3%	0	720,585	1,060,677	8,485,378	0	30,055,000	NAP	NAP	NAP	NAP
12	Loan	52	1	Axis Apartments and Lofts	2.9%	0	584,741	273,796	14,049,298	0	27,055,000	NAP	NAP	NAP	NAP
13	Loan		1	Shops of Wisconsin	2.9%	0	399,690	763,381	5,132	0	30,700,000	NAP	NAP	NAP	NAP
14	Loan	8, 53, 54, 55, 56, 57	1	2 Washington	2.9%	0	1,941,862	8,217,423	0	0	139,669,315	NAP	NAP	NAP	NAP
15	Loan	8, 20, 58, 59, 60, 61, 62, 63	1	One SoHo Square	2.7%	0	7,272,952	0	0	0	907,309,102	NAP	NAP	NAP	NAP
16	Loan	8, 64, 65	1	Icon One Daytona	2.7%							NAP	NAP	NAP	NAP
17	Loan	8, 66, 67	1	PetSmart HQ	2.5%							NAP	NAP	NAP	NAP
18	Loan	68, 69	1	747 Amsterdam Avenue	2.3%							NAP	NAP	NAP	NAP
19	Loan		1	93 East Apartments	2.3%							NAP	NAP	NAP	NAP
20	Loan	70	1	Cabelas	2.2%							NAP	NAP	NAP	NAP
21	Loan	71, 72	1	CAL OES Portfolio	2.1%							NAP	NAP	NAP	NAP
22	Loan		1	Falls of West Oaks	2.1%							NAP	NAP	NAP	NAP
23	Loan	73, 74, 75, 76	3	Farrell Hampton Portfolio	1.9%							NAP	NAP	NAP	NAP
23.01	Property		1	4, 6, 10 Sherrill Fosters Path	1.1%							NAP	NAP	NAP	NAP
23.02	Property		1	Farrell Medical Plaza - 6144 Rt 25A	0.5%							NAP	NAP	NAP	NAP
23.03	Property		1	97 North Sea Road	0.3%							NAP	NAP	NAP	NAP
24	Loan	8, 77	1	Centene	1.7%							NAP	NAP	NAP	NAP
25	Loan	78, 79	1	Reside Market Street	1.5%							NAP	NAP	NAP	NAP
26	Loan	80, 81	1	477 Rodeo	1.5%							NAP	NAP	NAP	NAP
27	Loan		1	Carrington Court Apartments	1.2%							NAP	NAP	NAP	NAP
28	Loan		1	Villa Adora	1.1%							NAP	NAP	NAP	NAP
29	Loan	82	1	Temecula Creek Plaza	1.1%							NAP	NAP	NAP	NAP
30	Loan		1	Times Square Apartments	1.1%							NAP	NAP	NAP	NAP
31	Loan	83	1	2400 Hudson	1.1%							NAP	NAP	NAP	NAP
32	Loan	84, 85	1	Echo-Westlake Multi	1.0%							NAP	NAP	NAP	NAP
33	Loan		1	Jupiter Park Self Storage	0.9%							NAP	NAP	NAP	NAP
34	Loan	86	1	PeachTree Plaza Apartments	0.7%							NAP	NAP	NAP	NAP
35	Loan	87	1	Northgate	0.5%							NAP	NAP	NAP	NAP

A-1-23

3650R 2021-PF1

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

% of Initial Pool Balance

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 ($)

Third Most Recent RevPAR ($)

Third Most Recent Hotel Occupancy (%)

Loan

8, 10, 11, 12, 13, 14, 15, 16, 17

CX - 350 & 450 Water Street

8.5%

NAP

Loan

18, 19

50 Horseblock

6.4%

NAP

Loan

20, 21, 22

Rox San

5.7%

NAP

Loan

8, 23, 24, 25, 26, 27

520 Almanor

5.4%

NAP

Loan

8, 28, 29, 30

Plaza La Cienega

5.4%

NAP

Loan

8, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41

Huntsville Office Portfolio

5.4%

NAP

6.01

Property

Research Place

1.3%

NAP

6.02

Property

Research Park Office Center

1.1%

NAP

6.03

Property

Regions Center

1.1%

NAP

6.04

Property

301 Voyager Way

0.8%

NAP

6.05

Property

Intuitive Center I & II

0.6%

NAP

6.06

Property

Lakeside Center I & II

0.5%

NAP

Loan

Venice Crossroads

4.9%

NAP

Loan

8, 42, 43, 44

The Westchester

4.9%

NAP

Loan

45, 46

Marina Pacifica

3.6%

NAP

Loan

8, 47, 48, 49, 50, 51

Patewood Corporate Center

3.3%

NAP

Loan

Tanglewood Apartments

3.3%

NAP

Loan

Axis Apartments and Lofts

2.9%

NAP

Loan

Shops of Wisconsin

2.9%

NAP

Loan

8, 53, 54, 55, 56, 57

2 Washington

2.9%

NAP

Loan

8, 20, 58, 59, 60, 61, 62, 63

One SoHo Square

2.7%

NAP

Loan

8, 64, 65

Icon One Daytona

2.7%

NAP

Loan

8, 66, 67

PetSmart HQ

2.5%

NAP

Loan

68, 69

747 Amsterdam Avenue

2.3%

NAP

Loan

93 East Apartments

2.3%

NAP

Loan

Cabelas

2.2%

NAP

Loan

71, 72

CAL OES Portfolio

2.1%

NAP

Loan

Falls of West Oaks

2.1%

NAP

Loan

73, 74, 75, 76

Farrell Hampton Portfolio

1.9%

NAP

23.01

Property

4, 6, 10 Sherrill Fosters Path

1.1%

NAP

23.02

Property

Farrell Medical Plaza - 6144 Rt 25A

0.5%

NAP

23.03

Property

97 North Sea Road

0.3%

NAP

Loan

8, 77

Centene

1.7%

NAP

Loan

78, 79

Reside Market Street

1.5%

NAP

Loan

80, 81

477 Rodeo

1.5%

NAP

Loan

Carrington Court Apartments

1.2%

NAP

Loan

Villa Adora

1.1%

NAP

Loan

Temecula Creek Plaza

1.1%

NAP

Loan

Times Square Apartments

1.1%

NAP

Loan

2400 Hudson

1.1%

NAP

Loan

84, 85

Echo-Westlake Multi

1.0%

NAP

Loan

Jupiter Park Self Storage

0.9%

NAP

Loan

PeachTree Plaza Apartments

0.7%

NAP

Loan

Northgate

0.5%

NAP

A-1-24

Footnotes to Annex A

(1)	The Administrative Fee Rate includes the Servicing Fee Rate, the Operating Advisor Fee Rate, the Trustee/Certificate Administrator 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)	If the purpose of the Mortgage Loan was to finance an acquisition of the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash investment by one or more of the equity owners in the borrower in connection with such acquisition. If the purpose of the Mortgage Loan was to refinance the Mortgaged Property, the field “Sources: Principal’s New Cash Contribution ($)” reflects the cash contributed to the borrower by one or more of the equity owners at the time the Mortgage Loan was originated.

(8)	The Cut-off Date Balance ($) reflects only the Mortgage Loan included in the Issuing Entity (which may be evidenced by one or more promissory notes); however, such Mortgage Loan is part of a Whole Loan comprised of such Mortgage Loan and one or more Pari Passu Companion Loan(s) and/or Subordinate Companion Loan(s) that are held outside the Issuing Entity, each of which is evidenced by one or more separate promissory notes. With respect to each such Mortgage Loan that is part of a Whole Loan, the Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NCF DSCR (x), Debt Yield on Underwritten Net Operating Income (%), Debt Yield on Underwritten Net Cash Flow (%) and Loan Per Unit ($) calculations include any related Pari Passu Companion Loan(s) but exclude any related Subordinate Companion Loan. See “Description of the Mortgage Pool—The Whole Loans” in the Preliminary Prospectus for additional information regarding the Whole Loan(s).

(9)	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.

(10)	The Mortgage Loan is part of a whole loan that was co-originated by DBR Investments Co. Limited, JPMorgan Chase Bank, National Association, Bank of America, N.A. and 3650 Cal Bridge Lending, LLC. 3650 REIT will be contributing Note A-4-2 and Note A-4-3 with an aggregate Cut-off Date Balance of $52.9 million and GACC will be contributing Note A-1-7 with a Cut-off Date Balance of $25.0 million to the 3650R 2021-PF1 securitization.

(11)	With respect to CX – 350 & 450 Water Street, the Mortgaged Property includes (i) the 350 Water Street building (Parcel G), which is a laboratory building consisting of 511,157 sq. ft. and (ii) the 450 Water building (Parcel H), which is a contemporary office building consisting of 404,076 sq. ft.

(12)	With respect to CX – 350 & 450 Water Street, the CX – 350 & 450 Water Street Whole Loan is structured with an Anticipated Repayment Date (“ARD”) of November 6, 2031 and a final maturity date of November 6, 2036. The initial interest rate for the CX – 350 & 450 Water Street Whole Loan is 2.79200% per annum. After the ARD, the interest rate will increase by 200 basis points over the greater of (x) 2.792000%, and (y) (1) the swap rate in effect on the ARD plus (2) 1.26000%. The metrics presented above are calculated based on the ARD.

A-1-25

(13)	With respect to CX – 350 & 450 Water Street, the “Prospective Market Value Upon Completion & Stabilization” appraised value of $1.954 billion as of April 1, 2023 assumes that the outstanding capital expenditure of approximately $56 million for the 350 Water Street building and $80 million for 450 Water Street building are fully funded and reserved by the lender, and that these reserved funds would pass with title to any purchaser of the CX – 350 & 450 Water Street Property. The appraisal concluded to an “as-is” appraised value of $1.778 billion as of September 8, 2021. The “as-is” appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 45.8% for the CX – 350 & 450 Water Street senior notes, and a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 68.9% for the CX – 350 & 450 Water Street whole loan.

(14)	With respect to CX – 350 & 450 Water Street, the CX – 350 & 450 Water Street Whole Loan may be voluntarily prepaid in whole (but not in part, except in relation to a collateral release) beginning on or after the payment date in December 2023 with a yield maintenance premium if such prepayment occurs prior to the payment date in May 2031. In addition, the CX – 350 & 450 Water Street Whole Loan may be defeased in whole (but not in part, except in relation to a collateral release) at any time after the earlier to occur of (i) October 14, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized.

(15)	With respect to CX – 350 & 450 Water Street, the sole tenant, Aventis Inc., has two leases expiring in June 2036 and November 2036, respectively. The November 2036 expiration date is based on an anticipated rent commencement of November 10, 2021. The actual rent commencement date, anniversary date, and expiration date to be determined as provided in the 450 Water Street lease and amendments, related to the substantial completion of the base building work at the 450 Water Street building.

(16)	With respect to CX – 350 & 450 Water Street, the sole tenant, Aventis Inc., has the right to terminate each of its leases, with a termination fee, effective as of the end of the respective 14th lease year. If Aventis Inc. chooses to exercise the early termination right, it must deliver to the landlord between 24 and 36 months prior to the early termination date (a) notice that the early termination right has been exercised and (b) the early termination payment. The early termination payment equals the sum of (i) the 12 monthly installments of base rent that would have been due for the 12-month period immediately following the early termination date in the absence of such termination and (ii) the stipulated operating expenses/tax component per the lease.

(17)	With respect to CX – 350 & 450 Water Street, the sole tenant, Aventis Inc. is currently not in occupancy, pending the substantial completion of the buildout out its spaces at the CX – 350 & 450 Water Street Property. The CX – 350 & 450 Water Street Property is currently undergoing a buildout with expected completion dates of the second quarter of 2022 for the 350 Water Street building and fourth quarter of 2021 for the 450 Water Street building. The lease at 350 Water Street commenced on July 1, 2021. The commencement of the lease at 450 Water Street is tied to substantial completion, with it occurring the later of (i) November 10, 2021 and (ii) the date that is 46 days prior to the substantial completion date for the base building work.

(18)	The Mortgaged Property benefits from a payment in lieu of taxes (“PILOT”) program which provides abatements for real estate taxes and mortgage recording taxes and is subject to an IDA ground lease (the “IDA Lease”) dated October 1, 2012, with the Town of Brookhaven Industrial Development Agency (the “IDA”). The IDA Lease runs until October 31, 2024. As a stipulation of the PILOT, title to the property is held by the Town of Brookhaven IDA. However, this is a de facto fee simple position, as the title will be transferred back to the owner upon completion of the PILOT program. Therefore, title will revert to the owner when the PILOT program expires in 2024.

(19)	The recapitalization was funded on the borrower sponsors’ credit line and closed on January 29, 2021 per the purchase and sale agreement, for $89.25 million.

(20)	The borrower(s) own the Mortgaged Property as tenants-in-common.

(21)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the inclusion of the underwritten rent steps through June 1, 2022, the establishment of an upfront reserve for all outstanding free rent and TI/LC obligations at origination, and the parking income being underwritten based on the actual parking agreement revenues.

(22)	A monthly deposit is not required if the amount in the TI/LC reserve is equal to or greater than $1,000,000 and will not be required until the amount has been reduced to less than $250,000.

A-1-26


(23)	With respect to Loan No. 4, 520 Almanor, the Whole Loan is structured with an anticipated repayment date of November 6, 2031 (“ARD”) and final maturity date of June 6, 2034. The initial interest rate for the 520 Almanor Whole Loan is 2.55500% per annum. From and after the ARD, in the event the 520 Almanor Whole Loan is not paid-off on or before the ARD, the 520 Almanor Whole Loan will accrue interest at a fixed rate equal to the greater of (i) 5.05500% or (ii) the sum of (x) the 10-year swap rate plus (y) 3.38000%. The metrics presented above are calculated based on the ARD.

(24)	The “As Stabilized” appraised value of $254,000,000 assumes all outstanding tenant improvements and contractual free rent associated with the Nokia lease have been satisfied. The appraisal concluded to an “As-is” appraised value of $243.0 million as of August 24, 2021, which equates to a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 41.8%.

(25)	The Mortgaged Property consists of a leasehold interest under a 99-year ground lease that is in place through June 2116. Pace Properties is the ground lessor. The ongoing monthly ground rent is equal to the greater of (i) a floor base rent (currently $125,914), which increases 3% every five years, starting in July 2023 and (ii) 14.0% of the effective triple-net base rent paid by Nokia (or any replacement tenant) (based on the full 231,220 SF).

(26)	The sole tenant, Nokia Corp, has executed a lease but is not yet in occupancy and open for business pending the completion of the related build out. Borrower has represented that Nokia of America Corporation has verbally communicated it anticipates it will take occupancy of all of its demised premises on or prior to January 10, 2022. However, we cannot assure you that Nokia of America Corporation will take occupancy and open for business as expected or at all. Nokia of America Corporation is not obligated to pay base rent from April 1, 2021 through November 30, 2021 and is only obligated to pay 50% of base rent from December 1, 2021 through June 30, 2022.

(27)	The ongoing monthly ground rent reserve is equal to the greater of (i) a floor base rent (currently $125,914), which increases 3% every five years, starting in July 2023 and (ii) 14.0% of the effective triple-net base rent paid by Nokia Corp (or any replacement tenant) (based on the full 231,220 SF).

(28)	The lockout period will be at least 25 payment dates beginning with and including the first payment date in November 2021. Defeasance of the Plaza La Cienega Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) September 28, 2024. The assumed defeasance lockout period of 25 payment dates is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.

(29)	The Mortgaged Property consists of Rains, LLC’s, one of the two related borrowers, fee interest in the Plaza La Cienega Property, as well as LaCienega-Sawyer Ltd.’s, the second of the two related borrowers, leasehold interest in the Plaza La Cienega Property, which it holds pursuant to a ground lease dated April 1, 1971 between Rains, LLC, as ground lessor, and LaCienega-Sawyer Ltd., as ground lessee. The monthly rent payment under such ground lease is $1.00. The ground lease expires on March 31, 2041 with one 29-year extension option remaining.

(30)	The Fifth Largest Tenant at the Plaza La Cienega Mortgaged Property, CVS, has the option to terminate its lease on November 30, 2021, and every 10 years thereafter, upon 90 days’ notice.

(31)	Huntsville NYL LLC is the owner of the fee simple interest in the Huntsville Office Portfolio Mortgaged Property, which is ground leased to the related Mortgage Borrower.

(32)	The Huntsville Office Portfolio Mortgage Loan was co-originated by Citi Real Estate Funding Inc. and DBR Investments Co. Limited.

(33)	With respect to the Huntsville Office Portfolio - Research Park Office Center Mortgaged Property, the Fourth Largest Tenant, Redstone Federal Credit Union, has the option to terminate its lease on April 30, 2022, by providing not less than 150 days’ prior written notice and payment of a termination fee within 30 days of such notice.

(34)	With respect to the Huntsville Office Portfolio - Intuitive Center I & II Mortgaged Property, the Largest Tenant, Intuitive Research and Technology, LLC, has the option to terminate its lease effective August 31, 2025 upon notice no later than December 1, 2024 and payment of a termination fee.

(35)	With respect to the Huntsville Office Portfolio - Intuitive Center I & II Mortgaged Property, the Second Largest Tenant, Pinnacle Solutions, Inc., has the option to terminate its lease effective January 31, 2024 upon 270 days’ notice and payment of a termination fee.

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(36)	With respect to the, Huntsville Office Portfolio - Lakeside Center I & II Mortgaged Property, the Largest Tenant, Dynetics, Inc, has the option to terminate its lease effective November 30, 2024 upon 270 days’ notice and payment of a termination fee

(37)	With respect to the Huntsville Office Portfolio - Lakeside Center I & II Mortgaged Property, the Third Largest Tenant, Jacobs Engineering Group Inc, has two termination options (the first exercisable on April 30, 2022, and the second exercisable on April 30, 2024), with six months’ notice an payment of a termination fee.

(38)	With respect to the Huntsville Office Portfolio - Lakeside Center I & II Mortgaged Property, the Fifth Largest Tenant, Koda Technologies, Inc., has the option to terminate its lease effective January 31, 2024 notice delivered by July 31, 2023 and payment of a termination fee

(39)	With respect to the Huntsville Office Portfolio - Research Place Mortgaged Property, the Second Largest Tenant, GSA Dept of Army Activities, has the option to terminate its lease, in whole or in part at any time upon not less than 90 days’ prior written notice.

(40)	With respect to the Huntsville Office Portfolio - Research Place Mortgaged Property, the Third Largest Tenant, Wiregrass Hospice LLC (Gentiva), has the option to terminate its lease effective July 31, 2022 upon not less than 120 days’ prior written notice.

(41)	With respect to the Huntsville Office Portfolio, the Mortgaged Property identified on the Annex as Lakeside Center I & II is part of an office condominium. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information.

(42)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the closure of the Mortgaged Property on March 18, 2020 to July 10, 2020. As of December 1, 2020, all stores have reopened including the Nordstrom and Neiman Marcus anchors. The borrower sponsors granted various rent relief/rent deferrals to select tenants in relation to spring and early summer payments due. Short term rent relief was given to several tenants in exchange for waiving co-tenancy provisions in their leases through December 2021. Rent deferrals are expected to be paid back in equal monthly installments, some of which have commenced in 2021, with a few tenants electing to make one lump sum payment. The Mortgaged Property was 92.2% occupied as of May 11, 2021. The borrower sponsors collected 84% to 86% of tenant rents monthly from October 2020 through January 2021 and since their portfolio has returned to pre-COVID property collections they are no longer tracking monthly collections.

(43)	The Mortgaged Property includes a leasehold interest in an air rights parcel for a small portion of the Mortgaged Property, which is located above Paulding Street. The leasehold interest was granted by the City of White Plains to the original property owner on December 30, 1992. This portion of the Mortgaged Property contains inline stores and parking spaces, and is situated just west of the Nordstrom building straddling Paulding Street. The air rights parcel consists of all of the air space approximately 175.7 feet above sea level. The original property owner/lessee paid the full rent of $87,500 for the entire 99-year lease term at execution of the lease and there are no annual rent payments remaining through the leasehold maturity date of December 30, 2091. The lessee is required to pay all taxes and utilities on any improvements constructed, which can also be mortgaged by the lessee and its successor or assignee.

(44)	At origination, Column Financial, Inc. (“Column”) obtained an appraisal with an as-is value of $810,000,000 as of November 26, 2019. Column obtained a new appraisal dated February 3, 2021 with an “as-is” value of $647,000,000 as of January 12, 2021 and a “prospective market value upon stabilization” value of $699,000,000 as of February 1, 2024. Based on the “prospective market value upon stabilization” value, the Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) is 49.1% and the Whole Loan Cut-off Date LTV Ratio (%) is 57.2%.

(45)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the full rental payments being made post COVID. Additionally, two new leases including LA Fitness and Faucets N’ Fixture were signed in July and August of 2021, respectively.

(46)	The Mortgaged Property is currently subject to two ground lease agreements that encompass the entire leasehold interest, each of which had an initial term of 65 years. The underlying ground leases both have remaining initial base terms of 17 years and four months, and both expire on March 19, 2039. Although there are no fixed term extension options, the ground lease agreement gives the ground lessee a first right of renewal option with the same contractual lease terms and conditions as those which currently exist.

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(47)	The lockout period will be at least 29 payment dates beginning with and including the first payment date of July 5, 2021. Defeasance of the Patewood Corporate Center Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) May 11, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 29 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.

(48)	The Mortgaged Property is comprised of six office buildings. The Patewood 1 building contains the Fourth Largest Tenant, Wood Group, totaling 23,424 SF with Suite 150 comprised of 3,115 SF pursuant to a lease with an expiration date of July 31, 2023 and 20,309 SF in Suite 200 pursuant to a lease with an expiration date of August 31, 2023. Of note, Wood Group occupies an additional 19,224 SF in the Patewood 2 building next door with an August 31, 2023 lease expiration date.

(49)	Rent for the Second Largest Tenant, Day & Zimmerman, has been underwritten to the sublease rent of $21.50 psf.

(50)	TCM CRE REIT LLC (the “Mezzanine Lender”) has provided $10.0 million of mezzanine financing (the “Mezzanine Loan”) secured by equity interests in the borrower. The Mezzanine Loan is coterminous with the mortgage loan and will require interest-only payments through maturity at a fixed coupon of 10.00000%.

(51)	A monthly deposit is not required if the amount in the TI/LC reserve is equal to or greater than $3,000,000 and will not be required until the amount has been reduced to less than $1,500,000.

(52)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property being 97.9% occupied according to the October 1, 2021 underwritten rent roll.

(53)	The 345 multifamily units at the Mortgaged Property are 100% leased to Sonder USA Inc. (“Sonder”). Sonder’s lease will expire on a floor-by-floor basis starting on February 28, 2031 and ending on October 31, 2031. The Mortgaged Property also contains 27,989 SF of classroom/play space (of which the interior space consists of 22,989 SF) that is leased to the New York City Board of Education through February 13, 2031. The residential component and classroom/play space component comprise a single condominium unit that includes most of the 1st floor, floors 2-15, and a portion of the cellar, with a second non-collateral condominium unit in the same building owned by Nyack College comprised of floors 16-21 and the remaining 1st floor and cellar space. The overall condominium regime also includes condominium units in adjacent buildings.

(54)	With respect to the 2 Washington Mortgaged Property, the entire multifamily portion of the Mortgaged Property (comprised of 345 multifamily units) is master leased to Sonder. Sonder has taken possession of and commenced paying rent on the multifamily units at the Mortgaged Property pursuant to a phased lease and rent commencement schedule. Pursuant to such schedule, Sonder is entitled to certain rent abatement periods including, (i) following the occurrence of the lease commencement date for any individual phase, (x) a 100% abatement for the first monthly installment of base rent with respect to the multifamily units related to such phase, (y) a 50% abatement for the 2nd through 12th monthly installments of base rent with respect to the multifamily units related to such phase, and (z) a 25% abatement for the 21st through 28th, 45th through 48th, and 57th through 60th monthly installments of base rent with respect to the multifamily units related to such phase, and (ii) following the occurrence of the last lease commencement date (the “Final Phase Date”), (a) a 100% abatement of base rent with respect to all multifamily units for the 37th, 61st and 85th monthly installments of base rent after the Final Phase Date and (b) a 100% abatement of base rent for a month of Sonder’s choice with respect to all multifamily units following the 36th month after the Final Phase Date. At origination, the borrower deposited $3.0 million with the lender into a rent concession reserve. The reserve will be disbursed to the lockbox as rent in 12 equal installments over the first 12 months following the origination date, and will not be replenished. The reserve is not expected to be sufficient to cover all of the aforementioned rent abatement periods.

(55)	With respect to the 2 Washington Mortgaged Property, The New York City Board of Education, which represents 13.0% of the net rentable area and 7.8% of underwritten base rent at the Mortgaged Property, has the right to terminate its lease at any time upon 180 days’ notice.

(56)	The Mortgage Loan is structured with a hard lockbox. Upon a residential reversion (i.e. if the Sonder master lease is no longer in effect and the Mortgaged Property reverts to standard multifamily use), the residential component will have a soft lockbox, while the commercial component is required to continue to have a hard lockbox.

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(57)	The Mortgaged Property was recently converted from office to multifamily use with the final phase reaching substantial completion at the beginning of March 2021, and the borrower entered into a new lease with Sonder for all multifamily units commencing in September 2020. Accordingly, the Mortgaged Property has limited operating history.

(58)	The Mortgage Loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, DBR Investments Co. Limited and Bank of Montreal.

(59)	The defeasance lockout period will be at least 27 payment dates beginning with and including the first payment date in September 2021. Defeasance of the One SoHo Square Whole Loan in whole or in part is permitted at any time on or after the first payment date following the earlier to occur of (i) July 9, 2024 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. In addition, the One SoHo Square Whole Loan may be voluntarily prepaid in whole or in part, at any time, subject to payment of a prepayment fee equal to the yield maintenance amount if such prepayment occurs prior to March 6, 2028. The assumed defeasance lockout period of 27 payments is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.

(60)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the inclusion of the present value of contractual rent step increments over the remainder of the investment-grade tenants’ lease terms ($5,035,662), as well as incremental expense reimbursements to account for adjusted real estate taxes ($5,573,438).

(61)	The Fifth Largest Tenant, Juul Labs, has not taken occupancy of its space but continues to pay its current rent. This space is presently on the market for sublease. We cannot assure you that this space will be subleased or that Juul Labs will continue to pay rent.

(62)	The Mortgaged Property has received a final certificate of eligibility from the New York Department of Finance with respect to a retrospective tax abatement for the Mortgaged Property under the Industrial & Commercial Abatement Program (“ICAP”). Once the ICAP benefits are in effect, they will be retroactive for the 2017/2018 tax year for the east tower at the Mortgaged Property and for the 2018/2019 tax year for the west tower at the Mortgaged Property. Upon expiration of such program or if such program is otherwise terminated, the borrowers will be required to pay higher, and in some cases substantially higher, real estate taxes. Prior to the expiration of such program, the tax benefit to the Mortgaged Property may decrease throughout the term of the ICAP until the expiration of such program.

(63)	The Largest Tenant, Flatiron Health, originally offered to sublease approximately 111,000 SF (approximately 49%) of its leased space during the COVID-19 pandemic. It currently has approximately 40,890 SF (approximately 17.9%) of its leased space offered for sublease, of which 30,668 SF has been subleased to Petal Card, Inc. for three years at approximately 35% of Flatiron Health’s contractual rent. We cannot assure you that Flatiron Health will be able to sublease its remaining space or continue paying rent.

(64)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property’s lease up to stabilized levels.

(65)	The lockout period will be at least 26 payment dates beginning with and including the first payment date of October 5, 2021. Defeasance of the Icon One Daytona Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) August 10, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 26 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.

(66)	The lockout period will be at least 31 payment dates beginning with and including the first payment date of May 5, 2021. Defeasance of the PetSmart HQ Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) March 31, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 31 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.

(67)	NE-SW Debt Holdings, LP (“Mezzanine Lender”) has provided $12.0 million of mezzanine financing (the “Mezzanine Loan”) secured by equity interests in the borrower. The Mezzanine Loan is coterminous with the mortgage loan and will require interest-only payments through maturity at a fixed coupon of 12.00000%.

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(68)	The Mortgaged Property is subject to 25-year tax abatement via the Industrial & Commercial Incentive Program (“ICAP”) as a result of capital improvements to the property. The ICAP abatement commenced in the 1999/2000 tax year and will expire at the end of the 2023/2024 tax year. The Mortgaged Property currently receives a 30% exemption of the increase in assessed valuation, which will be phased down by 10% per year thereafter through the expiration in 2023/2024. Taxes were underwritten to the in-place abated tax amount.

(69)	The Number of Units is comprised of 20,600 square feet of office space and 12,000 square feet of retail space.

(70)	Cabelas is structured with an Anticipated Repayment Date (“ARD”) of November 5, 2031 and a final maturity date of April 5, 2044. From and after the ARD, the interest rate will increase by 300 basis points to 7.40000%.

(71)	The increase from Most Recent NOI ($) to Underwritten Net Operating Income ($) at the CAL OES Portfolio Mortgaged Property can be attributed to contractual rent steps and the renewal of the tenant’s lease in early 2021.

(72)	The sole tenant, CA OES may terminate the lease at the 601 Sequoia Pacific building at any time on or after June 30, 2025 upon at least 30 days prior written notice. In addition, CA OES may terminate the lease at the 600 and 650 North 5th Street buildings effective at any time on or after September 30, 2025 upon at least 30 days’ prior written notice.

(73)	With respect to Loan No. 23, Farrell Hampton Portfolio, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to (1) newly built 4, 6, 10 Sherill Fosters Path property (57.9% of ALA), which has been leasing up through the end of 2020 and beginning of 2021, and (2) the inclusion of a sponsor-affiliated tenant, Farrell Building (Largest Tenant occupying 45.8% of NRA at the 4, 6, 10 Sherrill Fosters Path property based on 39,000 SF of industrial space), for an approximately 13-year lease term.

(74)	With respect to Loan No. 23, the Farrell Hampton Portfolio features 39,000 square feet of industrial space (49.7% of portfolio NRA), 34,909 square feet of office space (44.4% of portfolio NRA), and 4,628 square feet of multifamily space (8 Units / 5.9% of portfolio NRA) space spread across three properties in New York.

(75)	With respect to Loan No. 23.01, 4, 6, 10 Sherrill Fosters Path, the five largest tenants’ % of NRA is based on the industrial component of 39,000 SF at the Mortgaged Property.

(76)	With respect to the Farrell Hampton Portfolio Mortgage Loan, 2018-2020 cash flows do not include 4, 6, 10 Sherill Fosters Path, which was developed in 2020 and leased up through the last 12 months. The historical financials also do not factor in lease payments to the sponsor affiliated space.

(77)	The lockout period will be at least 30 payment dates beginning with and including the first payment date of June 5, 2021. Defeasance of the Centene Whole Loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last promissory note to be securitized and (ii) May 4, 2024. For the purposes of this preliminary prospectus, the assumed lockout period of 30 months is based on the expected 3650R 2021-PF1 securitization closing date in November 2021. The actual lockout period may be longer.

(78)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the build out of the Bardea restaurant. The restaurant is permitted to expand its premises at the Reside Market Street Mortgaged Property by adding 1,440 SF of rentable square footage to the restaurant’s premises. Other Income includes amortization payments due to related tenant improvement costs for Bardea.

(79)	The Mortgaged Property consists of three multifamily buildings, each with street level retail, located at 426 North Market Street and 627 & 608 Market Street in Wilmington, Delaware. The buildings are comprised of 81 residential units and four commercial tenants totaling 11,902 SF. In total, the Mortgaged Property consists of 73,233 SF. The tenant’s % of NRA is based on the retail component of 11,902 SF at the Mortgaged Property.

(80)	The Mortgaged Property consists of primarily luxury storefront retail and office components located at 9501 Santa Monica Drive in Beverly Hills, California. The SF break out is as follows: Retail (7,830 SF) and Office (6,742 SF)

(81)	The Second Largest Tenant, Jared Najjar, occupies space pursuant to two leases which expire on March 31, 2022 (745 SF) and May 31, 2023 (700 SF), respectively.

(82)	The Mortgaged Property consists of primarily retail and office components located at 31021-31165 Temecula Parkway in Temecula, California. The SF break out is as follows: Retail (43,777 SF) and Office (8,684 SF).

(83)	The Appraised Value ($) is the “Rental Fallback” value of the Mortgaged Property.

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(84)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to the Mortgaged Property’s lease up to stabilized levels. The Mortgaged Property was recently completed in 2021 with initial lease up commencing in Q1 2021. The first move-ins at the Mortgaged Property occurred in April 2021. The Mortgaged Property averaged two move-ins per week between the months of April and July 2021.

(85)	Several metrics regarding the Echo-Westlake Multi Mortgage Loan were adjusted to account for the Holdback / Earnout Amount ($) of $1,000,000. The Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%), and Cut-off Date LTV Ratio (%) were adjusted based on the Reserve Adjusted Cut-off Date Balance of $8,500,000.

(86)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to rents increased at the Mortgaged Property post interior upgrades during 2019 and 2020. Per the appraiser, total renovations equate to approximately $61,904.76 per unit.

(87)	The increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily attributable to rental rate increases by the borrower sponsors. The Mortgaged Property began leasing in April 2020. The Mortgaged Property is currently 96.1% occupied based on the April 2, 2021 underwritten rent roll.

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3650 REIT Commercial Mortgage Securities II FWPFree writing prospectus