BMO 2023-5C1 Disclaimer
STATEMENT REGARDING THIS FREE WRITING PROSPECTUS
The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or BMO Capital Markets Corp., any other underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-864-7760 (8 a.m. – 5 p.m. EST).
Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.
STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION
The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of BMO Capital Markets Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, KeyBanc Capital Markets Inc., SG Americas Securities, LLC, Bancroft Capital, LLC, Drexel Hamilton, LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.
This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.
IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES
The information herein is preliminary and may be supplemented or amended prior to the time of sale.
In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.
The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.
The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
| 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 | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | 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) ($) | Monthly Debt Service (IO) ($) | 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.) | 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) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | 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 ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | 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 | 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 | 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 | 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 ($) | Replacement Reserve Caps ($) | 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 ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor | Non-Recourse Carveout Guarantor | Delaware Statutory Trust
(Y/N) | Tenants-in-common
(Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | 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 (%) |
| 1 | Loan | | 1 | Gateway Center South | 8.2% | 100.0% | DBRI, WFBNA | GACC, 3650 REIT | NAP | NAP | 501 Gateway Drive | Brooklyn | Kings | NY | 11239 | Retail | Anchored | 2002 | NAP | 355,033 | SF | 457.70 | 62,500,000 | 62,500,000 | 62,500,000 | 6.87300% | 0.016595% | 6.85641% | NAP | 362,940.54 | NAP | 4,355,286.48 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 5/24/2023 | 2 | 5 | 7/5/2023 | NAP | 6/5/2028 | 6/5/2028 | 5 | 0 | L(23),YM1(3),DorYM1(27),O(7) | 24,529,721 | 9,334,536 | 15,195,185 | 3/31/2023 | T-12 | 24,342,817 | 9,173,990 | 15,168,827 | 12/31/2022 | T-12 | 24,019,377 | 8,748,681 | 15,270,696 | 12/31/2021 | T-12 | 93.5% | 24,271,069 | 10,532,015 | 13,739,054 | 35,503 | 0 | 13,703,551 | 1.21 | 1.21 | 8.5% | 8.4% | 271,100,000 | As Is | 3/11/2023 | 59.9% | 59.9% | 89.4% | 5/5/2023 | No | BJ's Wholesale Club | 128,995 | 36.3% | 9/20/2027 | Dave & Buster's | 37,060 | 10.4% | 1/31/2036 | Marshalls | 35,021 | 9.9% | 9/30/2027 | Best Buy | 31,679 | 8.9% | 1/31/2028 | Old Navy | 26,861 | 7.6% | 1/31/2027 | 5/19/2023 | NAP | 4/18/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | 436,789 | 0 | Springing | 0 | 2,959 | 0 | 0 | 29,586 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | Yes | 62,500,000 | 100,000,000 | 580,704.86 | 943,645.40 | NAP | NAP | 162,500,000 | 943,645.40 | 59.9% | 1.21 | 8.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | The Related Companies, L.P. | The Related Companies, L.P. | No | No | Refinance | No | 162,500,000 | 4,938,409 | 0 | 0 | 167,438,409 | 157,685,240 | 0 | 9,753,170 | 0 | 0 | 0 | 167,438,409 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 2 | Loan | | 1 | 11 West 42nd Street | 8.2% | 100.0% | BOA, LMF, UBS | LMF, BMO | NAP | NAP | 11 West 42nd Street | New York | New York | NY | 10036 | Office | CBD | 1927 | 2018 | 960,568 | SF | 285.25 | 62,500,000 | 62,500,000 | 62,500,000 | 7.44000% | 0.017845% | 7.42216% | NAP | 392,881.94 | NAP | 4,714,583.28 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 6/30/2023 | 1 | 6 | 8/6/2023 | NAP | 7/6/2028 | 7/6/2028 | 0 | 0 | L(23),YM1(2),DorYM1(28),O(7) | 62,683,274 | 35,986,252 | 26,697,022 | 3/31/2023 | T-12 | 61,168,739 | 34,495,528 | 26,673,211 | 12/31/2022 | T-12 | 60,959,925 | 34,523,645 | 26,436,280 | 12/31/2021 | T-12 | 95.0% | 70,904,067 | 39,203,449 | 31,700,618 | 192,114 | 2,881,704 | 28,626,800 | 1.53 | 1.39 | 11.6% | 10.4% | 555,000,000 | As Is | 4/19/2023 | 49.4% | 49.4% | 98.6% | 5/1/2023 | No | Michael Kors (USA), Inc | 254,485 | 26.5% | 330 SF in 11/30/2023; 6,436 SF in 3/31/2025; 236,974 SF in 3/31/2026; 10,745 SF in 9/30/2029 | First-Citizens Bank & Trust Company | 153,680 | 16.0% | 5/31/2034 | New York University | 117,382 | 12.2% | 6/30/2027 | Kohn Pedersen Fox Associates, P.C. | 92,788 | 9.7% | 15,400 SF in 4/30/2027; 77,388 SF in 5/31/2038 | Burberry (Wholesale) Limited | 45,509 | 4.7% | 8/31/2037 | 4/24/2023 | NAP | 5/19/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 288,170 | 10,000,000 | 240,142 | 0 | 0 | 0 | 0 | 0 | 19,165,251 | 0 | Landlord Obligation Reserve ($13,479,707.20), Free Rent Reserve ($5,685,543.94) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 62,500,000 | 211,500,000 | 1,329,512.50 | 1,722,394.44 | NAP | NAP | 274,000,000 | 1,722,394.44 | 49.4% | 1.39 | 11.6% | 56,000,000 | 14.00000% | 330,000,000 | 2,384,801.85 | 59.5% | 1 | 9.6% | No | NAP | Tishman Speyer Properties, L.P. and Silverstein Properties, LLC | 11 West 42 Realty Investors, L.L.C. | No | No | Refinance | No | 274,000,000 | 13,988,916 | 56,000,000 | 0 | 343,988,916 | 301,013,950 | 0 | 13,809,715 | 29,165,251 | 0 | 0 | 343,988,916 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 3 | Loan | | 1 | Short Pump Town Center | 8.2% | 100.0% | GSBI, BANA | GSMC | Group A | NAP | 11800 West Broad Street | Richmond | Henrico | VA | 23233 | Retail | Open-Air Lifestyle Center | 2003 | 2014 | 635,494 | SF | 283.24 | 62,500,000 | 62,500,000 | 62,500,000 | 8.30300% | 0.017845% | 8.28516% | NAP | 438,454.14 | NAP | 5,261,449.68 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 7/6/2023 | 0 | 1 | 9/1/2023 | NAP | 8/1/2028 | 8/1/2028 | 0 | 0 | L(24),D(29),O(7) | 36,340,397 | 8,399,562 | 27,940,835 | 5/31/2023 | T-12 | 33,508,680 | 7,507,842 | 26,000,838 | 12/31/2022 | T-12 | 29,668,166 | 7,798,544 | 21,869,622 | 12/31/2021 | T-12 | 94.2% | 34,231,796 | 8,446,932 | 25,784,865 | 127,099 | 1,270,988 | 24,386,778 | 1.70 | 1.61 | 14.3% | 13.5% | 378,000,000 | As Is (Extraordinary Assumptions) | 6/7/2023 | 47.6% | 47.6% | 94.4% | 6/20/2023 | No | Crate & Barrel | 34,597 | 5.4% | 1/31/2024 | H&M | 21,334 | 3.4% | 4/30/2026 | Saxon Shoes & Accessories | 21,178 | 3.3% | 3/31/2026 | The Container Store | 18,942 | 3.0% | 2/29/2032 | LL Bean | 15,553 | 2.4% | 1/31/2026 | 5/15/2023 | NAP | 5/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 254,198 | 6,639,981 | Springing | 2,541,976 | 0 | 0 | 0 | 0 | 241,234 | 0 | Gap Rent Reserve | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 62,500,000 | 117,500,000 | 824,293.78 | 1,262,747.92 | NAP | NAP | 180,000,000 | 1,262,747.92 | 47.6% | 1.61 | 14.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Forest City Realty Trust, LLC, MJGT Associates, LLC, and Queensland Investment Corporation | Forest City Realty Trust LLC | No | No | Refinance | No | 180,000,000 | 320,557 | 0 | 0 | 180,320,557 | 171,903,023 | 0 | 1,536,319 | 6,881,215 | 0 | 0 | 180,320,557 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 4 | Loan | | 1 | Brookview Commons | 7.6% | 100.0% | 3650 REIT | 3650 REIT | NAP | NAP | 30-36 Crosby Street and 333 Main Street | Danbury | Fairfield | CT | 06810 | Multifamily | Mid Rise | 2007, 2023 | NAP | 264 | Units | 219,696.97 | 58,000,000 | 58,000,000 | 58,000,000 | 6.00000% | 0.016595% | 5.98341% | NAP | 294,027.78 | NAP | 3,528,333.36 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 5/11/2023 | 2 | 5 | 7/5/2023 | NAP | 6/5/2028 | 6/5/2028 | 0 | 0 | L(26),D(30),O(4) | 5,307,157 | 1,002,106 | 4,305,051 | 3/31/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 5,995,537 | 1,535,869 | 4,459,668 | 39,600 | 0 | 4,420,068 | 1.47 | 1.45 | 8.9% | 8.8% | 87,700,000 | As Is | 3/27/2023 | 57.0% | 57.0% | 96.2% | 4/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/8/2023 | NAP | 4/13/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 27,566 | 29,689 | 0 | 12,391 | 0 | 3,300 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,000,000 | 0 | Earn-out Reserve | 0 | 8,000,000 | No disbursement of the Earnout Reserve Funds shall be requested by Borrower or disbursed by Lender prior to the earlier to occur of (i) September 5, 2023 and (ii) the final Securitization involving the Loan, and (y) no Earnout Reserve Funds may be requested by Borrower or will be disbursed by Lender after the Earnout Reserve Expiration Date and any Earnout Reserve Funds on deposit in the Earnout Reserve Subaccount as of the Earnout Reserve Expiration Date will be held as additional collateral for the Loan. | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Barry J. Bertram and John L. DiMarco, Sr. | Barry J. Bertram and John L. DiMarco, Sr. | No | No | Refinance | Yes | 58,000,000 | 0 | 0 | 0 | 58,000,000 | 40,402,225 | 0 | 1,904,803 | 27,566 | 7,665,407 | 8,000,000 | 58,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5 | Loan | | 7 | ICP/IRG Holdings Portfolio | 6.9% | | JPMCB, 3650 REIT | 3650 REIT | NAP | NAP | Various | Various | Various | Various | Various | Various | Various | Various | Various | 4,662,982 | SF | 38.60 | 52,800,000 | 52,800,000 | 52,800,000 | 7.35000% | 0.016595% | 7.33341% | NAP | 327,891.67 | NAP | 3,934,700.04 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 4/20/2023 | 3 | 1 | 6/1/2023 | NAP | 5/1/2028 | 5/1/2028 | 0 | 0 | L(24),YM1(3),DorYM1(27),O(6) | 25,667,400 | 9,768,107 | 15,899,293 | 1/31/2023 | T-12 | 25,431,479 | 9,747,541 | 15,683,939 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 92.9% | 28,073,041 | 8,814,659 | 19,258,383 | 509,872 | 107,889 | 18,640,621 | 1.44 | 1.39 | 10.7% | 10.4% | 307,750,000 | As Is | Various | 58.5% | 58.5% | 94.2% | 3/31/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 907,455 | 247,190 | 0 | Springing | 0 | 58,287 | 0 | 3,000,000 | Springing | 1,830,000 | 0 | 0 | 0 | 851,224 | 0 | 0 | | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 52,800,000 | 127,200,000 | 789,920.84 | 1,117,812.51 | NAP | NAP | 180,000,000 | 1,117,812.51 | 58.5% | 1.39 | 10.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Industrial Commercial Properties and Industrial Realty Group | Holdings Ohio, LLC and Christopher Semarjian | No | Yes | Refinance | | 180,000,000 | 0 | 0 | 0 | 180,000,000 | 132,024,335 | 0 | 9,870,791 | 4,758,679 | 33,346,195 | 0 | 180,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.01 | Property | | 1 | Romulus - Huron | 1.8% | 25.5% | | | | | 38481 Huron River Drive | Romulus | Wayne | MI | 48174 | Industrial | Manufacturing/Warehouse | 1956 | NAP | 1,112,004 | SF | | 13,464,000 | 13,464,000 | 13,464,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,044,161 | 1,910,668 | 4,133,493 | 1/31/2023 | T-12 | 5,982,826 | 1,888,220 | 4,094,606 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 5,669,097 | 1,288,804 | 4,380,293 | 111,200 | 7,542 | 4,261,550 | | | | | 70,700,000 | As Is | 9/6/2022 | | | 100.0% | 3/31/2023 | No | Renaissance Global Logistics, LLC | 826,604 | 74.3% | 370,514 SF expiring 8/31/2025; 185,870 SF expiring 10/31/2026; 270,220 SF expiring 1/31/2027 | Home Depot U.S.A., Inc. | 285,400 | 25.7% | 1/31/2025 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/10/2023 | NAP | 3/29/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.02 | Property | | 1 | Warren Perkins Jones | 1.6% | 22.5% | | | | | 541 Perkins Jones Road Northeast | Warren | Trumbull | OH | 44483 | Industrial | Warehouse/Distribution | 1982 | 2022 | 1,365,535 | SF | | 11,880,000 | 11,880,000 | 11,880,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 5,542,599 | 1,663,702 | 3,878,897 | 1/31/2023 | T-12 | 5,423,911 | 1,658,112 | 3,765,799 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 99.2% | 5,932,793 | 1,612,491 | 4,320,302 | 136,554 | -26,713 | 4,210,462 | | | | | 60,900,000 | As Is | 9/6/2022 | | | 99.3% | 3/31/2023 | No | The Step2 Company, LLC | 586,000 | 42.9% | 11/3/2030 | The HC Companies, Inc. | 413,395 | 30.3% | 5/31/2030 | Hemasource, Inc. | 187,267 | 13.7% | 12/31/2033 | Berk Enterprises | 169,139 | 12.4% | 10/31/2025 | NAP | NAP | NAP | NAP | 4/7/2023 | NAP | 8/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.03 | Property | | 1 | Cleveland American Industrial | 1.2% | 17.0% | | | | | 1 American Road | Cleveland | Cuyahoga | OH | 44144 | Industrial | Warehouse/Distribution | 1978 | 2022 | 1,142,265 | SF | | 8,976,000 | 8,976,000 | 8,976,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,005,883 | 3,007,758 | 2,998,125 | 1/31/2023 | T-12 | 5,889,950 | 2,982,766 | 2,907,184 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 85.3% | 6,633,718 | 2,048,816 | 4,584,903 | 123,365 | 30,380 | 4,431,158 | | | | | 65,800,000 | As Is | 9/23/2022 | | | 85.6% | 3/31/2023 | No | Graphic Packaging International, LLC | 173,759 | 15.2% | 23,016 SF expiring MTM; 150,743 SF expiring 11/30/2025 | TRG Studios, Inc. | 156,523 | 13.7% | 37,619 SF expiring 9/30/2025; 118,904 SF expiring 7/31/2031 | Taylor Exhibition Services, Inc. | 100,773 | 8.8% | 10/31/2027 | Inogen, Inc | 93,634 | 8.2% | 9/30/2024 | American Greetings | 90,446 | 7.9% | 6/29/2024 | 4/7/2023 | NAP | 3/29/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.04 | Property | | 1 | Cleveland American Office | 1.0% | 14.5% | | | | | 100 American Road | Cleveland | Cuyahoga | OH | 44144 | Office | Suburban | 1978 | 2020 | 344,355 | SF | | 7,656,000 | 7,656,000 | 7,656,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 4,736,522 | 1,681,765 | 3,054,757 | 1/31/2023 | T-12 | 4,731,453 | 1,655,425 | 3,076,028 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 5,124,002 | 2,042,870 | 3,081,132 | 68,871 | 56,484 | 2,955,777 | | | | | 46,600,000 | As Is | 9/23/2022 | | | 100.0% | 3/31/2023 | Yes | Medical Mutual of Ohio | 344,355 | 100.0% | 12/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/7/2023 | NAP | 8/29/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.05 | Property | | 1 | Miles North Randall | 0.9% | 13.0% | | | | | 21201 Miles Road | North Randall | Cuyahoga | OH | 44128 | Industrial | Warehouse/Distribution | 2021 | NAP | 302,400 | SF | | 6,864,000 | 6,864,000 | 6,864,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,449,373 | 1,074,383 | 374,990 | 1/31/2023 | T-12 | 1,509,218 | 1,137,995 | 371,224 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 68.3% | 2,056,816 | 1,067,776 | 989,040 | 30,240 | 21,783 | 937,017 | | | | | 39,000,000 | As Is | 9/2/2022 | | | 68.5% | 3/31/2023 | Yes | Pipeline Packaging Co. | 207,132 | 68.5% | 4/30/2029 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/7/2023 | NAP | 8/29/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.06 | Property | | 1 | Invacare | 0.4% | 6.0% | | | | | 1200 Taylor Street | Elyria | Lorain | OH | 44035 | Industrial | Flex | 1972 | 2013 | 301,000 | SF | | 3,168,000 | 3,168,000 | 3,168,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,470,641 | 12,136 | 1,458,505 | 1/31/2023 | T-12 | 1,460,849 | 18,048 | 1,442,801 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 2,043,114 | 474,043 | 1,569,071 | 30,100 | 4,605 | 1,534,365 | | | | | 20,600,000 | As Is | 9/2/2022 | | | 100.0% | 3/31/2023 | Yes | Invacare Corporation | 301,000 | 100.0% | 4/30/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/10/2023 | NAP | 4/4/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 5.07 | Property | | 1 | Stop Eight Vandalia | 0.1% | 1.5% | | | | | 3345 Stop Eight Road | Vandalia | Montgomery | OH | 45414 | Industrial | Warehouse/Distribution | 1970 | 2020 | 95,423 | SF | | 792,000 | 792,000 | 792,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 418,221 | 417,695 | 526 | 1/31/2023 | T-12 | 433,272 | 406,975 | 26,297 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 100.0% | 613,502 | 279,859 | 333,643 | 9,542 | 13,808 | 310,292 | | | | | 4,150,000 | As Is | 9/1/2022 | | | 100.0% | 3/31/2023 | No | AMERI AmeriWater, LLC | 65,057 | 68.2% | 9/24/2025 | L&W Supply | 30,366 | 31.8% | 5/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/10/2023 | NAP | 8/26/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 6 | Loan | | 1 | California High Tech Logistics | 6.8% | 100.0% | SGFC | SGFC | NAP | NAP | 14063 East Brown Street | Riverside | Riverside | CA | 92508 | Industrial | Warehouse/Distribution | 2019 | NAP | 596,090 | SF | 117.43 | 52,000,000 | 52,000,000 | 52,000,000 | 8.12200% | 0.016595% | 8.10541% | NAP | 356,841.57 | NAP | 4,282,098.84 | Interest Only | No | Actual/360 | 60 | 56 | 60 | 56 | 0 | 0 | 3/31/2023 | 4 | 1 | 5/1/2023 | NAP | 4/1/2028 | 4/1/2028 | 0 | 0 | L(12),YM1(41),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 9,291,231 | 1,434,983 | 7,856,248 | 59,609 | 119,218 | 7,677,421 | 1.36 | 1.33 | 11.2% | 11.0% | 161,200,000 | As Is | 1/4/2023 | 43.4% | 43.4% | 100.0% | 8/1/2023 | Yes | High Tech Logistics | 596,090 | 100.0% | 3/31/2043 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/4/2023 | NAP | 1/4/2023 | 1/4/2023 | 8% | No | Fee | NAP | NAP | NAP | NAP | 88,186 | 88,186 | 22,717 | 11,359 | 0 | 4,967 | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 800,000 | 0 | Lease Security Deposit Reserve | 0 | NAP | NAP | Springing | Springing | Yes | Yes | Yes | Yes | 52,000,000 | 18,000,000 | 123,522.08 | 480,363.66 | NAP | NAP | 70,000,000 | 480,363.66 | 43.4% | 1.33 | 11.2% | 10,000,000 | 10.25000% | 80,000,000 | 566,966.67 | 49.6% | 1.13 | 9.8% | No | NAP | Moshe Kupferstein, Devi Alfaks, Edward Alfaks, Morris Alfaks, Dib Chaaya and Salim Mann | Moshe Kupferstein, Devi Alfaks, Edward Alfaks, Morris Alfaks, Dib Chaaya and Salim Mann | No | No | Acquisition | No | 70,000,000 | 926,795 | 10,000,000 | 0 | 80,926,795 | 0 | 78,028,181 | 1,987,711 | 910,903 | 0 | 0 | 80,926,795 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 7 | Loan | | 1 | Cumberland Mall | 6.8% | 100.0% | DBNY, BMO, MSNBA | GACC, BMO | Group A | NAP | 2860 Cumberland Mall Southeast | Atlanta | Cobb | GA | 30339 | Retail | Super Regional Mall | 1973 | 2006-2016 | 709,318 | SF | 253.76 | 52,000,000 | 52,000,000 | 52,000,000 | 7.87000% | 0.016595% | 7.85341% | NAP | 345,769.91 | NAP | 4,149,238.92 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 4/14/2023 | 3 | 1 | 6/1/2023 | NAP | 5/1/2028 | 5/1/2028 | 0 | 0 | L(27),D(29),O(4) | 32,341,156 | 8,275,516 | 24,065,640 | 1/31/2023 | T-12 | 32,192,386 | 7,869,157 | 24,323,229 | 12/31/2022 | T-12 | 30,319,446 | 7,094,622 | 23,224,824 | 12/31/2021 | T-12 | 96.5% | 32,871,677 | 8,090,891 | 24,780,787 | 177,330 | 739,588 | 23,863,869 | 1.73 | 1.66 | 13.8% | 13.3% | 368,000,000 | As Is | 2/28/2023 | 48.9% | 48.9% | 98.7% | 3/31/2023 | No | Costco | 147,409 | 20.8% | 11/30/2026 | Round 1 Bowling & Amusement | 83,600 | 11.8% | 2/28/2031 | Dick's Sporting Goods | 70,984 | 10.0% | 1/31/2031 | Forever 21 | 25,748 | 3.6% | 1/31/2027 | H&M | 24,655 | 3.5% | 1/31/2032 | 3/1/2023 | NAP | 3/1/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 353,853 | 1,987,019 | Springing | 1,415,412 | 0 | 0 | 0 | 0 | 267,919 | Springing | Gap Rent Reserve (Upfront: $267,919), Anchor Tenant Reserve (Monthly: Springing) | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | No | 52,000,000 | 128,000,000 | 851,125.92 | 1,196,895.83 | NAP | NAP | 180,000,000 | 1,196,895.83 | 48.9% | 1.66 | 13.8% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | BPR Nimbus LLC | BPR Nimbus LLC | No | No | Refinance | No | 180,000,000 | 0 | 0 | 0 | 180,000,000 | 160,491,051 | 0 | 1,638,600 | 2,254,938 | 15,615,412 | 0 | 180,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 8 | Loan | | 5 | Gilardian NYC Portfolio II | 5.4% | | BMO | BMO | NAP | NAP | Various | New York | New York | NY | Various | Multifamily | Various | Various | Various | 201 | Units | 268,656.72 | 41,000,000 | 41,000,000 | 41,000,000 | 4.18763% | 0.016595% | 4.17103% | NAP | 145,064.53 | NAP | 1,740,774.36 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 6/1/2023 | 2 | 6 | 7/6/2023 | NAP | 6/6/2028 | 6/6/2028 | 0 | 0 | L(26),D(28),O(6) | 9,136,948 | 3,632,923 | 5,504,026 | Various | T-12 | 8,765,177 | 3,653,111 | 5,112,066 | 12/31/2022 | T-12 | 7,026,801 | 3,434,840 | 3,591,961 | 12/31/2021 | T-12 | 97.0% | 10,258,769 | 3,597,703 | 6,661,066 | 42,061 | 12,405 | 6,606,600 | 2.91 | 2.88 | 12.3% | 12.2% | 137,700,000 | As Is | Various | 39.2% | 39.2% | 96.5% | 3/31/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 0 | 216,566 | 126,563 | Springing | 0 | $3,350 (Residential); $155 (Commercial) | 0 | 0 | 1,034 | 0 | 500,000 | 0 | 0 | 112,649 | 0 | 0 | | 0 | NAP | NAP | Soft (Residential); Hard (Commercial) | Springing | Yes | Yes | Yes | Yes | 41,000,000 | 13,000,000 | 45,996.07 | 191,060.60 | NAP | NAP | 54,000,000 | 191,060.60 | 39.2% | 2.88 | 12.3% | 41,000,000 | 9.19800% | 95,000,000 | 509,690.39 | 69.0% | 1.08 | 7.0% | No | NAP | Robert Gilardian and Albert Gilardian | Robert Gilardian and Albert Gilardian | No | No | Refinance | | 54,000,000 | 0 | 41,000,000 | 0 | 95,000,000 | 87,557,263 | 0 | 6,655,112 | 739,212 | 48,413 | 0 | 95,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 8.01 | Property | | 1 | 2410-2418 Broadway | 1.8% | 34.1% | | | | | 2410-2418 Broadway | New York | New York | NY | 10024 | Multifamily | High Rise | 1915 | 1989 | 46 | Units | | 14,000,741 | 14,000,741 | 14,000,741 | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,098,256 | 1,033,001 | 2,065,255 | 3/31/2023 | T-12 | 3,065,169 | 1,036,944 | 2,028,224 | 12/31/2022 | T-12 | 2,607,604 | 956,923 | 1,650,681 | 12/31/2021 | T-12 | 96.3% | 3,318,231 | 992,932 | 2,325,298 | 9,981 | 5,205 | 2,310,113 | | | | | 42,600,000 | As Is | 3/23/2023 | | | 93.5% | 3/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2023 | NAP | 4/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 8.02 | Property | | 1 | 245 West 51st Street | 1.7% | 31.9% | | | | | 245 West 51st Street | New York | New York | NY | 10019 | Multifamily | High Rise | 1912 | 1998 | 65 | Units | | 13,082,037 | 13,082,037 | 13,082,037 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,818,647 | 1,277,524 | 1,541,123 | 4/30/2023 | T-12 | 2,657,546 | 1,285,629 | 1,371,917 | 12/31/2022 | T-12 | 1,852,380 | 1,203,100 | 649,280 | 12/31/2021 | T-12 | 97.0% | 3,262,292 | 1,279,770 | 1,982,521 | 13,000 | 5,750 | 1,963,771 | | | | | 41,600,000 | As Is | 3/22/2023 | | | 96.9% | 3/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2023 | NAP | 4/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 8.03 | Property | | 1 | 324-326 West 84th Street | 1.0% | 19.3% | | | | | 324-326 West 84th Street | New York | New York | NY | 10024 | Multifamily | High Rise | 1914 | NAP | 48 | Units | | 7,896,296 | 7,896,296 | 7,896,296 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,585,358 | 590,554 | 994,803 | 4/30/2023 | T-12 | 1,507,631 | 594,408 | 913,223 | 12/31/2022 | T-12 | 1,249,562 | 560,294 | 689,268 | 12/31/2021 | T-12 | 97.0% | 1,744,803 | 589,291 | 1,155,512 | 9,600 | 0 | 1,145,912 | | | | | 28,400,000 | As Is | 3/23/2023 | | | 97.9% | 3/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2023 | NAP | 4/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 8.04 | Property | | 1 | 107 West 68th Street | 0.6% | 11.0% | | | | | 107 West 68th Street | New York | New York | NY | 10023 | Multifamily | Mid Rise | 1930 | NAP | 30 | Units | | 4,494,815 | 4,494,815 | 4,494,815 | | | | | | | | | | | | | | | | | | | | | | | | | | | 992,913 | 418,655 | 574,257 | 4/30/2023 | T-12 | 939,950 | 427,240 | 512,709 | 12/31/2022 | T-12 | 815,479 | 401,133 | 414,345 | 12/31/2021 | T-12 | 100.0% | 1,137,476 | 426,486 | 710,989 | 6,000 | 0 | 704,989 | | | | | 14,300,000 | As Is | 3/23/2023 | | | 100.0% | 3/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2023 | NAP | 4/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 8.05 | Property | | 1 | 1443-1447 York Avenue | 0.2% | 3.7% | | | | | 1443-1447 York Avenue | New York | New York | NY | 10075 | Multifamily | Mid Rise | 1920 | NAP | 12 | Units | | 1,526,111 | 1,526,111 | 1,526,111 | | | | | | | | | | | | | | | | | | | | | | | | | | | 641,776 | 313,188 | 328,587 | 4/30/2023 | T-12 | 594,882 | 308,890 | 285,992 | 12/31/2022 | T-12 | 501,777 | 313,389 | 188,387 | 12/31/2021 | T-12 | 96.0% | 795,968 | 309,224 | 486,745 | 2,730 | 2,200 | 481,815 | | | | | 10,800,000 | As Is | 3/22/2023 | | | 91.7% | 3/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/14/2023 | NAP | 4/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 9 | Loan | | 1 | Four Points Flushing | 5.2% | 100.0% | CREFI | CREFI | NAP | NAP | 33-68 Farrington Street | Queens | Queens | NY | 11354 | Mixed Use | Hospitality/Retail | 2021 | NAP | 210 | Rooms | 190,952.38 | 40,100,000 | 40,100,000 | 40,100,000 | 7.67000% | 0.016595% | 7.65341% | NAP | 259,865.64 | NAP | 3,118,387.68 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 7/12/2023 | 0 | 6 | 9/6/2023 | NAP | 8/6/2028 | 8/6/2028 | 0 | 0 | L(24),YM1(29),O(7) | 14,654,097 | 7,838,225 | 6,815,871 | 6/30/2023 | T-12 | 12,818,111 | 7,955,651 | 4,862,461 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 80.5% | 14,283,269 | 7,613,714 | 6,669,555 | 492,150 | 71,561 | 6,105,844 | 2.14 | 1.96 | 16.6% | 15.2% | 80,000,000 | As Is | 5/17/2023 | 50.1% | 50.1% | 80.5% | 6/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/30/2023 | NAP | 5/30/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 215,674 | 107,837 | 80,564 | 16,113 | 0 | Replacement Reserve ($3,567), FF&E Reserve ($19,829.83) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,181 | Springing | Condominium Common Charge (Upfront: $69,181.48; Monthly Springing), PIP Reserve (Monthly: Springing) | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | George Xu | George Xu | No | No | Refinance | Yes | 40,100,000 | 0 | 0 | 0 | 40,100,000 | 34,167,935 | 0 | 1,184,467 | 365,420 | 4,382,178 | 0 | 40,100,000 | 8/16/2041 | 185.01 | 148.91 | 80.5% | 185.01 | 148.91 | 80.5% | 176.30 | 132.40 | 75.1% | NAP | NAP | NAP |
| 10 | Loan | | 1 | Back Bay Office | 3.9% | 100.0% | DBNY, GS Bank, WFBNA, New York Life Insurance Company, TIAA | GACC, GSMC | NAP | NAP | 222 Berkeley Street and 500 Boylston Street | Boston | Suffolk | MA | 02116 | Office | CBD | 1987, 1991 | 2016-2022 | 1,283,670 | SF | 370.03 | 30,000,000 | 30,000,000 | 30,000,000 | 6.29800% | 0.016595% | 6.28141% | NAP | 159,636.81 | NAP | 1,915,641.72 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 6/7/2023 | 1 | 6 | 8/6/2023 | NAP | 7/6/2028 | 7/6/2028 | 10 | 0 | L(25),DorYM1(28),O(7) | 99,991,917 | 36,977,577 | 63,014,340 | 3/31/2023 | T-12 | 98,973,331 | 36,251,075 | 62,722,256 | 12/31/2022 | T-12 | 94,773,768 | 33,234,468 | 61,539,300 | 12/31/2021 | T-12 | 93.6% | 115,015,445 | 37,554,805 | 77,460,640 | 256,734 | 0 | 77,203,906 | 2.55 | 2.55 | 16.3% | 16.3% | ########## | As Is (Extraordinary Assumption) | 10/19/2022 | 33.7% | 33.7% | 95.8% | 4/30/2023 | No | Wayfair | 356,312 | 27.8% | 12/31/2031 | DraftKings Inc. | 125,104 | 9.7% | 3/31/2029 | Summit Partners | 78,587 | 6.1% | 11/30/2033 | Cooley | 72,165 | 5.6% | 5/31/2032 | Skadden Arps Slate Meagher | 47,722 | 3.7% | 2/28/2029 | 11/15/2022 | NAP | 10/31/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 26,723,400 | Springing | 0 | 0 | 0 | 0 | 0 | 31,137,229 | 0 | Outstanding TI/LC Reserve ($21,283,070), Free Rent Reserve ($9,854,159) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 30,000,000 | 445,000,000 | 2,367,945.94 | 2,527,582.75 | 65,000,000 | 8.20000% | 540,000,000 | 2,977,918.80 | 38.3% | 2.16 | 14.3% | 40,000,000 | 10.12500% | 580,000,000 | 3,320,105.90 | 41.1% | 1.94 | 13.4% | No | NAP | JPMorgan Chase Bank, N.A., J.P. Morgan Investment Management Inc., OMERS Administration Corporation, and OPG Investment Holdings (US), LLC | OPG Investment Holdings (US), LLC | No | No | Refinance | No | 475,000,000 | 41,583,604 | 105,000,000 | 0 | 621,583,604 | 546,966,371 | 0 | 16,756,604 | 57,860,629 | 0 | 0 | 621,583,604 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 11 | Loan | | 1 | Harborside 2-3 | 3.9% | 100.0% | BMO, CREFI | CREFI, BMO | NAP | NAP | 200-210 Hudson Street | Jersey City | Hudson | NJ | 07311 | Office | CBD | 1930 | 2021 | 1,599,029 | SF | 140.71 | 30,000,000 | 30,000,000 | 30,000,000 | 5.84000% | 0.016595% | 5.82341% | NAP | 148,027.78 | NAP | 1,776,333.36 | Interest Only | No | Actual/360 | 60 | 56 | 60 | 56 | 0 | 0 | 4/4/2023 | 4 | 6 | 5/6/2023 | NAP | 4/6/2028 | 4/6/2028 | 0 | 0 | L(28),D(25),O(7) | 49,314,096 | 17,827,217 | 31,486,880 | 12/31/2022 | T-12 | 47,450,874 | 18,047,218 | 29,403,655 | 12/31/2021 | T-12 | 44,617,062 | 18,489,525 | 26,127,537 | 12/31/2020 | T-12 | 74.5% | 51,753,039 | 18,582,167 | 33,170,872 | 319,806 | 1,387,420 | 31,463,647 | 2.49 | 2.36 | 14.7% | 14.0% | 396,000,000 | As Is | 2/7/2023 | 56.8% | 56.8% | 75.1% | 3/22/2023 | No | MUFG Bank Ltd. | 137,076 | 8.6% | 8/31/2029 | E-Trade Financial Corporation | 132,265 | 8.3% | 1/31/2031 | Collectors Universe | 130,419 | 8.2% | 11/30/2038 | Sumitomo Mitsui Banking | 111,605 | 7.0% | 12/31/2036 | Arch Insurance Company | 106,815 | 6.7% | 5/31/2024 | 3/24/2023 | NAP | 3/3/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 696,822 | 696,822 | 272,774 | 136,387 | 8,000,000 | 26,650 | 0 | 15,000,000 | Springing | ######## | 0 | 0 | 0 | 0 | 40,614,319 | 0 | Sea Wall Repair Reserve ($25,000,000), Unfunded Obligations Reserve ($14,195,734), Elevator Modernization Reserve ($1,418,585.35) | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | No | 30,000,000 | 195,000,000 | 962,180.55 | 1,110,208.33 | NAP | NAP | 225,000,000 | 1,110,208.33 | 56.8% | 2.36 | 14.7% | 55,000,000 | 10.50000% | 280,000,000 | 1,598,142.36 | 70.7% | 1.64 | 11.8% | Yes | Future Mezzanine Loan | Mark Karasick and Michael Silberberg | Mark Karasick and Michael Silberberg | No | Yes | Acquisition | No | 225,000,000 | 119,820,041 | 74,000,000 | 49,633,468 | 468,453,509 | 0 | 377,000,000 | 26,869,593 | 64,583,916 | 0 | 0 | 468,453,509 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 12 | Loan | | 1 | The Widener Building | 3.5% | 100.0% | BMO, SMC | BMO, SMC | NAP | NAP | 1337 Chestnut Street | Philadelphia | Philadelphia | PA | 19107 | Mixed Use | Office/Retail/Court | 1916 | 2007 | 441,696 | SF | 113.20 | 27,000,000 | 27,000,000 | 27,000,000 | 7.68500% | 0.016595% | 7.66841% | NAP | 175,314.06 | NAP | 2,103,768.72 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 6/9/2023 | 1 | 6 | 8/6/2023 | NAP | 7/6/2028 | 7/6/2028 | 0 | 0 | L(25),D(30),O(5) | 12,113,734 | 4,892,916 | 7,220,818 | 2/28/2023 | T-12 | 11,229,984 | 4,793,343 | 6,436,640 | 12/31/2022 | T-12 | 11,160,618 | 4,901,040 | 6,259,578 | 12/31/2021 | T-12 | 90.0% | 11,709,220 | 4,962,168 | 6,747,051 | 88,339 | 220,848 | 6,437,864 | 1.73 | 1.65 | 13.5% | 12.9% | 92,700,000 | As Is | 3/30/2023 | 53.9% | 53.9% | 93.2% | 6/7/2023 | No | Philadelphia Municipal Court - Criminal Division | 200,114 | 45.3% | 12/31/2032 | Chestnut Master LLC | 69,420 | 15.7% | 5/31/2033 | First Judicial District of PA | 48,600 | 11.0% | 8/31/2032 | Weir & Partners | 22,482 | 5.1% | 9/30/2027 | Quality Progressions | 20,708 | 4.7% | 6/30/2024 | 3/28/2023 | NAP | 3/28/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 589,478 | 117,896 | 50,057 | 12,514 | 0 | 7,362 | 0 | 2,300,000 | 18,404 | 0 | 0 | 0 | 0 | 0 | 1,166,939 | 32,768 | Outstanding TI/LC Reserve (Upfront: $1,053,949.92), Municipal Authority TI/LC Reserve (Monthly: $32,768.23), Free Rent Holdback Reserve (Upfront: $112,988.83) | 0 | NAP | NAP | Hard | In Place | Yes | Yes | Yes | Yes | 27,000,000 | 23,000,000 | 149,341.61 | 324,655.67 | NAP | NAP | 50,000,000 | 324,655.67 | 53.9% | 1.65 | 13.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Abraham Leser, Robert Schachter and Harry Gold | Abraham Leser, Robert Schachter and Harry Gold | No | Yes | Refinance | No | 50,000,000 | 1,654,120 | 0 | 0 | 51,654,120 | 46,244,132 | 0 | 1,303,514 | 4,106,474 | 0 | 0 | 51,654,120 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 13 | Loan | | 1 | 107 Tom Starling Road | 3.4% | 100.0% | CREFI | CREFI | NAP | NAP | 107 Tom Starling Road | Fayetteville | Cumberland | NC | 28306 | Industrial | Warehouse/Distribution | 1974 | 1999 | 918,724 | SF | 28.30 | 26,000,000 | 26,000,000 | 26,000,000 | 7.75000% | 0.016595% | 7.73341% | NAP | 170,248.84 | NAP | 2,042,986.08 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 6/29/2023 | 1 | 6 | 8/6/2023 | NAP | 7/6/2028 | 7/6/2028 | 0 | 0 | L(25),D(28),O(7) | 3,648,943 | 1,023,363 | 2,625,580 | 4/30/2023 | T-12 | 3,583,150 | 954,546 | 2,628,605 | 12/31/2022 | T-12 | 3,508,598 | 801,658 | 2,706,939 | 12/31/2021 | T-12 | 95.0% | 3,574,515 | 942,195 | 2,632,321 | 101,060 | 100,008 | 2,431,253 | 1.29 | 1.19 | 10.1% | 9.4% | 49,250,000 | As Is | 5/30/2023 | 52.8% | 52.8% | 100.0% | 12/31/2022 | No | Keeco, LLC | 610,724 | 66.5% | 12/31/2031 | We Pack Logistics, LLC | 208,000 | 22.6% | 7/31/2026 | Landair Logistics, Inc. | 100,000 | 10.9% | 9/30/2024 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/14/2023 | NAP | 6/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 174,308 | 15,846 | 0 | Springing | 0 | 8,422 | 0 | 0 | 19,140 | 500,000 | 0 | 0 | 0 | 0 | 49,790 | 0 | Unfunded LL Work | 0 | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Alexander Dembitzer | Alexander Dembitzer | No | No | Refinance | No | 26,000,000 | 0 | 0 | 0 | 26,000,000 | 18,585,188 | 0 | 404,505 | 224,098 | 6,786,209 | 0 | 26,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 14 | Loan | | 1 | Oxmoor Center | 2.9% | 100.0% | Barclays, SGFC | SGFC | Group A | NAP | 7900 Shelbyville Road | Louisville | Jefferson | KY | 40222 | Retail | Super Regional Mall | 1971 | 1984, 2013, 2022 | 904,078 | SF | 99.55 | 22,500,000 | 22,500,000 | 22,500,000 | 8.12000% | 0.016595% | 8.10341% | NAP | 154,364.58 | NAP | 1,852,374.96 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 5/25/2023 | 2 | 1 | 7/1/2023 | NAP | 6/1/2028 | 6/1/2028 | 0 | 0 | L(26),D(30),O(4) | 13,764,780 | 5,399,993 | 8,364,787 | 3/31/2023 | T-12 | 13,543,639 | 5,170,292 | 8,373,346 | 12/31/2022 | T-12 | 12,335,513 | 5,120,779 | 7,214,734 | 12/31/2021 | T-12 | 91.5% | 17,679,768 | 5,692,700 | 11,987,068 | 99,696 | 747,722 | 11,139,650 | 1.62 | 1.50 | 13.3% | 12.4% | 153,000,000 | As Is | 4/4/2023 | 58.8% | 58.8% | 94.1% | 3/31/2023 | No | Macy's | 278,341 | 30.8% | 7/31/2025 | Von Maur | 156,000 | 17.3% | 8/31/2028 | Topgolf | 100,000 | 11.1% | 11/30/2042 | Dick's Sporting Goods | 80,000 | 8.8% | 1/31/2027 | H&M | 26,894 | 3.0% | 1/31/2024 | 4/3/2023 | NAP | 4/3/2023 | NAP | NAP | Yes - AE | Leasehold | 9/30/2057 | Two, 20-year options | 1,209,920 | Yes | 0 | Springing | 0 | Springing | 0 | Springing | 183,389 | 11,882,926 | Springing | 1,100,331 | 0 | 0 | 0 | 0 | 1,506,022 | Springing | Gap Rent Reserve (Upfront: $1,506,022), Ground Rent Reserve (Monthly: Springing) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 22,500,000 | 67,500,000 | 463,093.75 | 617,458.33 | NAP | NAP | 90,000,000 | 617,458.33 | 58.8% | 1.50 | 13.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | BPR Nimbus LLC | BPR Nimbus LLC | No | No | Refinance | No | 90,000,000 | 0 | 0 | 0 | 90,000,000 | 70,733,847 | 0 | 2,361,300 | 13,388,948 | 3,515,904 | 0 | 90,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 15 | Loan | | 1 | Heritage Plaza | 2.6% | 100.0% | GSBI, MSBNA | BMO | Group A | NAP | 1111 & 1200 Bagby Street | Houston | Harris | TX | 77002 | Office | CBD | 1986 | 2021 | 1,158,165 | SF | 148.51 | 20,000,000 | 20,000,000 | 20,000,000 | 7.63000% | 0.016595% | 7.61341% | NAP | 128,932.87 | NAP | 1,547,194.44 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 4/13/2023 | 3 | 6 | 6/6/2023 | NAP | 5/6/2028 | 5/6/2028 | 5 | 0 | YM1(27),DorYM1(26),O(7) | 47,511,670 | 19,723,321 | 27,788,349 | 12/31/2022 | T-12 | 41,405,549 | 22,550,623 | 18,854,926 | 12/31/2021 | T-12 | 46,993,596 | 19,123,848 | 27,869,748 | 12/31/2020 | T-12 | 69.1% | 43,938,879 | 22,147,467 | 21,791,413 | 364,421 | 871,468 | 20,555,523 | 1.64 | 1.54 | 12.7% | 12.0% | 521,800,000 | As Is | 2/1/2023 | 33.0% | 33.0% | 70.1% | 2/23/2023 | No | EOG Resources Inc. | 376,333 | 32.5% | 3/31/2035 | Deloitte & Touche USA LLP | 205,125 | 17.7% | 2/28/2031 | Perella Weinberg Partners Group LP | 63,446 | 5.5% | 8/31/2027 | Lime Rock Management LP | 56,984 | 4.9% | 3/31/2024 | S&P Global Inc. | 28,560 | 2.5% | 2/28/2029 | 2/9/2023 | NAP | 2/8/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 19,303 | 231,636 | 5,000,000 | 144,771 | ######## | 0 | 0 | 0 | 0 | 10,489,446 | 0 | Outstanding TI/LC Reserve ($10,303,667), Free Rent Reserve ($185,778.77) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 20,000,000 | 152,000,000 | 979,889.82 | 1,108,822.69 | NAP | NAP | 172,000,000 | 1,108,822.69 | 33.0% | 1.54 | 12.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | AEW CPT REIT, LLC, AEW Core Property (U.S.), L.P., Brookfield Office Properties Inc. and Brookfield Property Partners, L.P. | Brookfield Properties Investor LLC | No | No | Refinance | No | 172,000,000 | 5,793,688 | 0 | 0 | 177,793,688 | 156,217,116 | 0 | 6,087,126 | 15,489,446 | 0 | 0 | 177,793,688 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 16 | Loan | | 2 | Cosmos Portfolio | 2.4% | | SGFC | SGFC | NAP | NAP | Various | Various | Various | GA | Various | Industrial | Warehouse/Distribution | Various | Various | 256,132 | SF | 70.86 | 18,150,000 | 18,150,000 | 18,150,000 | 8.01200% | 0.016595% | 7.99541% | NAP | 122,864.58 | NAP | 1,474,374.96 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 5/1/2023 | 3 | 1 | 6/1/2023 | NAP | 5/1/2028 | 5/1/2028 | 0 | 5 | L(27),D(26),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 2,059,143 | 41,183 | 2,017,960 | 23,670 | 0 | 1,994,290 | 1.37 | 1.35 | 11.1% | 11.0% | 34,500,000 | As Is | Various | 52.6% | 52.6% | 100.0% | 8/1/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 114,738 | 16,391 | 113,212 | 9,434 | 0 | 1,972 | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 38,250 | 0 | 0 | | 0 | NAP | NAP | Springing | Springing | Yes | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Jaisree Nallapaty | Jaisree Nallapaty | No | No | Acquisition/Refinance | | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 16.01 | Property | | 1 | 121 Morgan Lakes Industrial Blvd | 1.4% | 60.9% | | | | | 121 Morgan Lakes Industrial Boulevard | Pooler | Chatham | GA | 31322 | Industrial | Warehouse/Distribution | 2018 | NAP | 153,092 | SF | | 11,050,000 | 11,050,000 | 11,050,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,186,034 | 23,721 | 1,162,313 | 3,062 | 0 | 1,159,251 | | | | | 21,000,000 | As Is | 3/21/2023 | | | 100.0% | 8/1/2023 | Yes | Cosmos Surfaces | 153,092 | 100.0% | 4/30/2038 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/22/2023 | NAP | 3/22/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 16.02 | Property | | 1 | 6582 Peachtree Industrial Blvd | 0.9% | 39.1% | | | | | 6582 Peachtree Industrial Boulevard | Peachtree Corners | Gwinnett | GA | 30071 | Industrial | Warehouse/Distribution | 1974 | 1993 | 103,040 | SF | | 7,100,000 | 7,100,000 | 7,100,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 873,109 | 17,462 | 855,647 | 20,608 | 0 | 835,039 | | | | | 13,500,000 | As Is | 3/20/2023 | | | 100.0% | 8/1/2023 | Yes | Cosmos Surfaces | 103,040 | 100.0% | 4/30/2038 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/22/2023 | NAP | 3/22/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Yes | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 17 | Loan | | 1 | Riverview Tower | 2.3% | 100.0% | BMO | BMO | NAP | NAP | 900 South Gay Street | Knoxville | Knox | TN | 37902 | Office | CBD | 1981-1984 | 2013 | 334,198 | SF | 82.55 | 17,600,000 | 17,592,102 | 16,860,727 | 7.99990% | 0.016595% | 7.98331% | 129,141.34 | NAP | 1,549,696.08 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 60 | 59 | 360 | 359 | 6/28/2023 | 1 | 6 | 8/6/2023 | 8/6/2023 | 7/6/2028 | 7/6/2028 | 0 | 0 | L(25),D(32),O(3) | 5,353,686 | 2,739,939 | 2,613,747 | 4/30/2023 | T-12 | 5,122,981 | 2,689,879 | 2,433,102 | 12/31/2022 | T-12 | 4,742,263 | 2,474,785 | 2,267,479 | 12/31/2021 | T-12 | 94.0% | 6,292,560 | 2,825,578 | 3,466,981 | 56,814 | 0 | 3,410,168 | 1.43 | 1.40 | 12.6% | 12.4% | 40,200,000 | As Complete | 8/1/2023 | 68.6% | 65.8% | 94.3% | 4/30/2023 | No | CGI Federal Inc. | 39,447 | 11.8% | 12/31/2032 | Lewis Thomason PC | 32,567 | 9.7% | 6/30/2036 | Truist Bank | 28,235 | 8.4% | 12/31/2028 | Woolf, McClane, Bright, Allen | 23,649 | 7.1% | 6/30/2028 | Egerton McAfee Armistead | 19,411 | 5.8% | 4/30/2025 | 5/10/2023 | NAP | 5/10/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 287,922 | 47,987 | 0 | Springing | 0 | 5,570 | 0 | 1,500,000 | Springing | 0 | 0 | 0 | 0 | 11,935 | 5,399,238 | 0 | Outstanding TI/LC Reserve ($4,317,292), Rent Concessions Reserve ($1,081,946) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 17,592,102 | 9,995,512 | 73,375.76 | 202,517.10 | NAP | NAP | 27,587,614 | 202,517.10 | 68.6% | 1.40 | 12.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Hertz Realty Operating Partnership, LP | Hertz Realty Operating Partnership, LP | No | No | Refinance | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 18 | Loan | | 1 | Museum Tower | 2.2% | 100.0% | SMC | SMC | NAP | NAP | 150 West Flagler Street | Miami | Miami-Dade | FL | 33130 | Office | CBD | 1983 | NAP | 243,825 | SF | 192.76 | 17,000,000 | 17,000,000 | 17,000,000 | 6.54600% | 0.017845% | 6.52816% | NAP | 94,022.99 | NAP | 1,128,275.83 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 4/17/2023 | 3 | 6 | 6/6/2023 | NAP | 5/6/2028 | 5/6/2028 | 0 | 0 | L(27),D(27),O(6) | 7,418,134 | 3,972,846 | 3,445,288 | 1/31/2023 | T-12 | 7,301,048 | 3,975,548 | 3,325,500 | 12/31/2022 | T-12 | 6,863,161 | 3,647,228 | 3,215,933 | 12/31/2021 | T-12 | 92.1% | 10,154,929 | 4,566,846 | 5,588,082 | 36,723 | 243,825 | 5,307,534 | 1.79 | 1.70 | 11.9% | 11.3% | 76,000,000 | As Is | 2/3/2023 | 61.8% | 61.8% | 92.1% | 3/30/2023 | No | Stearns Weaver Miller | 98,695 | 40.5% | 9/30/2027 | Mana Miami Management, LLC | 39,378 | 16.2% | 4/30/2038 | GSA-Federal Public Defenders | 28,765 | 11.8% | 3/7/2037 | Luks Santaniello | 13,637 | 5.6% | 5/31/2024 | Miami Dade TPO | 13,536 | 5.6% | 6/30/2030 | 2/10/2023 | NAP | 2/10/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 559,746 | 93,291 | 183 | 183 | 0 | 3,060 | 0 | 350,000 | 20,319 | 1,000,000 | 0 | 0 | 0 | 285,064 | 1,000,000 | Springing | Mana TI Reserve (Upfront: $1,000,000), SWM Reserve (Monthly: Springing) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 17,000,000 | 30,000,000 | 165,922.92 | 259,945.90 | NAP | NAP | 47,000,000 | 259,945.90 | 61.8% | 1.70 | 11.9% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Moishe Mana | Moishe Mana | No | No | Acquisition | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 19 | Loan | | 3 | Grogan Portfolio | 2.2% | | KeyBank | KeyBank | NAP | NAP | Various | Various | Various | NY | Various | Various | Various | Various | Various | Various | Various | 182.96 | 16,500,000 | 16,500,000 | 16,500,000 | 7.30000% | 0.025345% | 7.27466% | NAP | 101,769.10 | NAP | 1,221,229.20 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 7/10/2023 | 0 | 1 | 9/1/2023 | NAP | 8/1/2028 | 8/1/2028 | 0 | 0 | L(24),D(30),O(6) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 91.1% | 3,374,228 | 966,083 | 2,408,145 | 23,689 | 82,254 | 2,302,202 | 1.97 | 1.89 | 14.6% | 14.0% | 51,600,000 | As Is | Various | 32.0% | 32.0% | Various | Various | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 47,988 | 23,994 | 16,944 | 8,472 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 | 0 | Amended CO Reserve | 0 | NAP | NAP | Soft | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | David Grogan | David Grogan | No | No | Refinance | | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 19.01 | Property | | 1 | Sweet Sam's Factory | 1.4% | 64.0% | | | | | 1261 Seabury Avenue | Bronx | Bronx | NY | 10462 | Industrial | Warehouse | 1963 | 2007 | 72,882 | SF | | 10,568,000 | 10,568,000 | 10,568,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.5% | 2,125,046 | 548,450 | 1,576,596 | 18,221 | 82,254 | 1,476,121 | | | | | 35,500,000 | As Is | 5/17/2023 | | | 100.0% | 8/1/2023 | Yes | Sweet Sam's Baking Company, LLC | 72,882 | 100.0% | 6/30/2030 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/25/2023 | NAP | 5/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 19.02 | Property | | 1 | 15 East 76th Street | 0.5% | 24.3% | | | | | 15 East 76th Street | New York | New York | NY | 10021 | Multifamily | Mid Rise | 1896 | 1980, 2010 | 6 | Units | | 4,006,000 | 4,006,000 | 4,006,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 827,355 | 265,557 | 561,798 | 2,388 | 0 | 559,410 | | | | | 10,100,000 | As Is | 5/18/2023 | | | 100.0% | 5/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/25/2023 | NAP | 5/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 19.03 | Property | | 1 | 523B East 85th Street | 0.3% | 11.7% | | | | | 523B East 85th Street | New York | New York | NY | 10028 | Multifamily | Mid Rise | 1910 | 2014 | 7 | Units | | 1,926,000 | 1,926,000 | 1,926,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 85.8% | 421,827 | 152,076 | 269,751 | 3,080 | 0 | 266,671 | | | | | 6,000,000 | As Is | 5/18/2023 | | | 85.7% | 5/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/25/2023 | NAP | 5/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 20 | Loan | | 1 | RH HQ | 1.8% | 100.0% | 3650 REIT | 3650 REIT | NAP | NAP | 5725 Paradise Drive | Corte Madera | Marin | CA | 94925 | Office | Suburban | 1978, 1997 | NAP | 97,951 | SF | 296.07 | 14,000,000 | 14,000,000 | 14,000,000 | 5.38000% | 0.016595% | 5.36341% | NAP | 63,638.43 | NAP | 763,661.16 | Interest Only | No | Actual/360 | 84 | 70 | 84 | 70 | 0 | 0 | 5/19/2022 | 14 | 5 | 7/5/2022 | NAP | 6/5/2029 | 6/5/2029 | 0 | 0 | L(35),D(44),O(5) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 5,996,278 | 2,655,703 | 3,340,574 | 19,590 | 87,341 | 3,233,643 | 2.11 | 2.04 | 11.5% | 11.2% | 42,500,000 | Market Value of the Sandwich Leasehold Interest | 1/25/2022 | 68.2% | 68.2% | 100.0% | 8/5/2023 | Yes | Restoration Hardware | 96,907 | 98.9% | 5/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/16/2021 | NAP | 10/31/2022 | 7/31/2021 | 12% | No | Leasehold | 12/12/2120 | None | 859,464 | Yes | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 1,080,607 | Springing | Amortized TI Reserve (Upfront: $1,080,606.72), Ground Rent Reserve (Monthly: Springing) | 0 | NAP | NAP | Hard | In Place | Yes | Yes | Yes | No | 14,000,000 | 15,000,000 | 68,184.02 | 131,822.45 | NAP | NAP | 29,000,000 | 131,822.45 | 68.2% | 2.04 | 11.5% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | DRA Growth and Income Master Fund X-A, LLC and Manageco X, LLC | DRA Growth and Income Master Fund X-A, LLC | No | No | Acquisition | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 21 | Loan | | 2 | Select Parking NYC Portfolio | 1.3% | | BMO | BMO | NAP | NAP | Various | New York | New York | NY | Various | Other | Parking Garage | Various | NAP | 550 | Spaces | 80,000.00 | 10,000,000 | 10,000,000 | 10,000,000 | 7.91000% | 0.016595% | 7.89341% | NAP | 66,832.18 | NAP | 801,986.16 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 5/25/2023 | 2 | 6 | 7/6/2023 | NAP | 6/6/2028 | 6/6/2028 | 0 | 0 | L(26),D(29),O(5) | 5,701,673 | 1,902,645 | 3,799,028 | 5/31/2023 | T-12 | 5,348,794 | 1,880,706 | 3,468,088 | 12/31/2022 | T-12 | 4,608,662 | 1,816,111 | 2,792,551 | 12/31/2021 | T-12 | 95.0% | 5,877,780 | 1,075,886 | 4,801,893 | 27,500 | 0 | 4,774,393 | 1.36 | 1.35 | 10.9% | 10.9% | 72,100,000 | As Is | 4/25/2023 | 61.0% | 61.0% | 100.0% | 8/6/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 0 | Springing | 0 | Springing | 27,500 | 2,292 | 27,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,100 | 0 | Condominium Assessment Reserve | 12,100 | NAP | NAP | Hard | In Place | Yes | Yes | Yes | No | 10,000,000 | 34,000,000 | 227,229.39 | 294,061.57 | NAP | NAP | 44,000,000 | 294,061.57 | 61.0% | 1.35 | 10.9% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Aaron Katz | Aaron Katz | No | No | Refinance | | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 21.01 | Property | | 1 | 30, 40 and 60 East 9th Street | 0.9% | 65.5% | | | | | 30, 40 and 60 East 9th Street | New York | New York | NY | 10003 | Other | Parking Garage | 1955 | NAP | 360 | Spaces | | 6,545,455 | 6,545,455 | 6,545,455 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | | | 46,500,000 | As Is | 4/25/2023 | | | 100.0% | 8/6/2023 | Yes | Select Parking - 30, 40, 60 East 9th Street | 360 | 100.0% | 4/30/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/8/2023 | NAP | 5/8/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 21.02 | Property | | 1 | 260 West 87th Street | 0.5% | 34.5% | | | | | 260 West 87th Street | New York | New York | NY | 10024 | Other | Parking Garage | 1987 | NAP | 190 | Spaces | | 3,454,545 | 3,454,545 | 3,454,545 | | | | | | | | | | | | | | | | | | | | | | | | | | | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | | | | | 25,600,000 | As Is | 4/25/2023 | | | 100.0% | 8/6/2023 | Yes | Select Parking - 260 W 87th Street | 190 | 100.0% | 4/30/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/8/2023 | NAP | 5/8/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22 | Loan | | 45 | Prime Storage Portfolio #3 | 1.3% | | CREFI | CREFI | NAP | NAP | Various | Various | Various | Various | Various | Self Storage | Self Storage | Various | Various | 3,090,509 | SF | 131.33 | 10,000,000 | 10,000,000 | 10,000,000 | 6.39000% | 0.031345% | 6.35866% | NAP | 53,989.58 | NAP | 647,874.96 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 6/28/2023 | 1 | 6 | 8/6/2023 | NAP | 7/6/2028 | 7/6/2028 | 0 | 0 | L(25),D(28),O(7) | 60,511,925 | 15,915,544 | 44,596,382 | 4/30/2023 | T-12 | 59,091,500 | 15,797,611 | 43,293,889 | 12/31/2022 | T-12 | 51,068,424 | 15,714,888 | 35,353,536 | 12/31/2021 | T-12 | 84.6% | 60,943,890 | 16,459,571 | 44,484,319 | 583,006 | 0 | 43,901,313 | 1.69 | 1.67 | 11.0% | 10.8% | 790,800,000 | As Portfolio | 4/21/2023 | 51.3% | 51.3% | 84.6% | 4/30/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,212,979 | 404,326 | 0 | 0 | 0 | 48,584 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 703,313 | 0 | 0 | NAP | 0 | NAP | NAP | Soft | Springing | Yes | No | Yes | No | 10,000,000 | 395,870,000 | 2,137,285.64 | 2,191,275.22 | 64,130,000 | 6.39000% | 470,000,000 | 2,537,510.42 | 59.4% | 1.44 | 9.5% | 120,000,000 | 9.87500% | 590,000,000 | 3,538,725.70 | 74.6% | 1.03 | 7.5% | No | NAP | Robert J. Moser | Prime Storage Fund II, LP, Prime Storage Fund II (Cayman), LP, Prime Storage Fund II IDF, LP and Robert Moser | No | No | Recapitalization | | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.01 | Property | | 1 | Prime Storage Bridgehampton | 0.1% | 7.5% | | | | | 229 Butter Lane | Bridgehampton | Suffolk | NY | 11932 | Self Storage | Self Storage | 2005 | NAP | 67,842 | SF | | 748,748 | 748,748 | 748,748 | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,293,363 | 389,086 | 2,904,277 | 4/30/2023 | T-12 | 3,230,617 | 374,729 | 2,855,888 | 12/31/2022 | T-12 | 2,863,849 | 372,920 | 2,490,929 | 12/31/2021 | T-12 | 85.3% | 3,353,231 | 400,335 | 2,952,896 | 14,269 | 0 | 2,938,627 | | | | | 56,000,000 | As Is | 3/3/2023 | | | 85.3% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.02 | Property | | 1 | Prime Storage Bohemia | 0.1% | 6.3% | | | | | 868 Lincoln Avenue | Bohemia | Suffolk | NY | 11716 | Self Storage | Self Storage | 1995 | 2004 | 153,175 | SF | | 631,088 | 631,088 | 631,088 | | | | | | | | | | | | | | | | | | | | | | | | | | | 3,031,453 | 589,835 | 2,441,618 | 4/30/2023 | T-12 | 3,014,782 | 590,955 | 2,423,827 | 12/31/2022 | T-12 | 2,779,357 | 593,715 | 2,185,642 | 12/31/2021 | T-12 | 82.0% | 3,044,429 | 598,123 | 2,446,306 | 14,111 | 0 | 2,432,195 | | | | | 47,200,000 | As Is | 3/2/2023 | | | 82.0% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.03 | Property | | 1 | Prime Storage Westhampton Beach | 0.1% | 4.0% | | | | | 98 Depot Road | Westhampton Beach | Suffolk | NY | 11978 | Self Storage | Self Storage | 2003 | 2007 | 66,250 | SF | | 403,789 | 403,789 | 403,789 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,008,231 | 390,979 | 1,617,252 | 4/30/2023 | T-12 | 1,981,832 | 398,680 | 1,583,152 | 12/31/2022 | T-12 | 1,769,447 | 407,493 | 1,361,954 | 12/31/2021 | T-12 | 86.5% | 2,012,766 | 403,479 | 1,609,287 | 29,183 | 0 | 1,580,104 | | | | | 30,200,000 | As Is | 3/3/2023 | | | 86.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.04 | Property | | 1 | Prime Storage Queens Jamaica | 0.0% | 3.7% | | | | | 109-09 180th Street | Jamaica | Queens | NY | 11433 | Self Storage | Self Storage | 1952 | 2007 | 89,028 | SF | | 367,689 | 367,689 | 367,689 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,612,099 | 1,632,504 | 979,596 | 4/30/2023 | T-12 | 2,501,877 | 1,639,166 | 862,711 | 12/31/2022 | T-12 | 2,273,396 | 1,250,983 | 1,022,413 | 12/31/2021 | T-12 | 86.4% | 2,720,484 | 1,653,998 | 1,066,485 | 30,617 | 0 | 1,035,868 | | | | | 27,500,000 | As Is | 3/2/2023 | | | 86.4% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Yes | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.05 | Property | | 1 | Prime Storage West Palm Beach | 0.0% | 3.5% | | | | | 411 and 422 7th Street | West Palm Beach | Palm Beach | FL | 33401 | Self Storage | Self Storage | 2000 | 2011 | 70,670 | SF | | 354,318 | 354,318 | 354,318 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,382,849 | 581,836 | 1,801,013 | 4/30/2023 | T-12 | 2,260,368 | 551,246 | 1,709,122 | 12/31/2022 | T-12 | 1,927,691 | 565,232 | 1,362,459 | 12/31/2021 | T-12 | 95.7% | 2,526,988 | 638,249 | 1,888,740 | 38,851 | 0 | 1,849,888 | | | | | 26,500,000 | As Is | 3/1/2023 | | | 95.7% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.06 | Property | | 1 | Prime Storage Snellville | 0.0% | 3.3% | | | | | 3220 Centerville Highway | Snellville | Gwinnett | GA | 30039 | Self Storage | Self Storage | 2006 | 2008 | 97,174 | SF | | 334,263 | 334,263 | 334,263 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2,052,414 | 447,989 | 1,604,425 | 4/30/2023 | T-12 | 1,999,895 | 445,816 | 1,554,079 | 12/31/2022 | T-12 | 1,761,451 | 459,504 | 1,301,947 | 12/31/2021 | T-12 | 89.7% | 2,085,064 | 457,327 | 1,627,737 | 11,994 | 0 | 1,615,742 | | | | | 25,000,000 | As Is | 3/2/2023 | | | 89.7% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.07 | Property | | 1 | Prime Storage Shallotte | 0.0% | 3.1% | | | | | 4747 Old Shallotte Road Northwest | Shallotte | Brunswick | NC | 28470 | Self Storage | Self Storage | 1994 | 2006 | 135,520 | SF | | 308,859 | 308,859 | 308,859 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,798,392 | 360,400 | 1,437,992 | 4/30/2023 | T-12 | 1,793,293 | 360,312 | 1,432,981 | 12/31/2022 | T-12 | 1,574,826 | 328,055 | 1,246,771 | 12/31/2021 | T-12 | 82.8% | 1,760,390 | 374,594 | 1,385,796 | 18,433 | 0 | 1,367,363 | | | | | 23,100,000 | As Is | 2/28/2023 | | | 82.8% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.08 | Property | | 1 | Prime Storage Danbury East | 0.0% | 3.0% | | | | | 8A Great Pasture Road | Danbury | Fairfield | CT | 06810 | Self Storage | Self Storage | 2002 | NAP | 81,744 | SF | | 300,836 | 300,836 | 300,836 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,775,300 | 409,248 | 1,366,052 | 4/30/2023 | T-12 | 1,718,324 | 412,740 | 1,305,584 | 12/31/2022 | T-12 | 1,467,883 | 400,599 | 1,067,284 | 12/31/2021 | T-12 | 87.3% | 1,761,327 | 483,263 | 1,278,064 | 14,969 | 0 | 1,263,096 | | | | | 22,500,000 | As Is | 2/27/2023 | | | 87.3% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.09 | Property | | 1 | Prime Storage Dallas | 0.0% | 2.9% | | | | | 9088 Dallas Acworth Highway | Dallas | Paulding | GA | 30132 | Self Storage | Self Storage | 2003 | NAP | 77,898 | SF | | 286,129 | 286,129 | 286,129 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,623,050 | 293,876 | 1,329,175 | 4/30/2023 | T-12 | 1,588,301 | 291,424 | 1,296,877 | 12/31/2022 | T-12 | 1,394,540 | 289,036 | 1,105,504 | 12/31/2021 | T-12 | 87.2% | 1,668,284 | 302,780 | 1,365,505 | 9,430 | 0 | 1,356,075 | | | | | 21,400,000 | As Is | 3/1/2023 | | | 87.2% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.10 | Property | | 1 | Prime Storage Bay Shore Pine Aire Dr. | 0.0% | 2.8% | | | | | 99 Pine Aire Drive | Bay Shore | Suffolk | NY | 11706 | Self Storage | Self Storage | 1998 | NAP | 75,500 | SF | | 282,118 | 282,118 | 282,118 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,729,251 | 483,303 | 1,245,948 | 4/30/2023 | T-12 | 1,669,082 | 469,469 | 1,199,613 | 12/31/2022 | T-12 | 1,542,257 | 480,638 | 1,061,619 | 12/31/2021 | T-12 | 88.9% | 1,818,099 | 479,055 | 1,339,044 | 10,069 | 0 | 1,328,976 | | | | | 21,100,000 | As Is | 3/2/2023 | | | 88.9% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.11 | Property | | 1 | Prime Storage Mesa | 0.0% | 2.8% | | | | | 5932 East Brown Road | Mesa | Maricopa | AZ | 85205 | Self Storage | Self Storage | 2006 | NAP | 93,265 | SF | | 280,781 | 280,781 | 280,781 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,508,918 | 341,202 | 1,167,716 | 4/30/2023 | T-12 | 1,456,107 | 343,203 | 1,112,904 | 12/31/2022 | T-12 | 1,176,783 | 353,973 | 822,810 | 12/31/2021 | T-12 | 89.1% | 1,520,869 | 349,774 | 1,171,095 | 15,141 | 0 | 1,155,954 | | | | | 21,000,000 | As Is | 3/3/2023 | | | 89.1% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.12 | Property | | 1 | Prime Storage Warren | 0.0% | 2.7% | | | | | 130 Franklin Street | Warren | Bristol | RI | 02885 | Self Storage | Self Storage | 1945 | 2007 | 66,127 | SF | | 266,073 | 266,073 | 266,073 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,502,420 | 306,647 | 1,195,773 | 4/30/2023 | T-12 | 1,444,537 | 302,824 | 1,141,713 | 12/31/2022 | T-12 | 1,306,104 | 319,339 | 986,765 | 12/31/2021 | T-12 | 93.5% | 1,560,227 | 313,895 | 1,246,332 | 15,943 | 0 | 1,230,390 | | | | | 19,900,000 | As Is | 3/2/2023 | | | 93.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.13 | Property | | 1 | Prime Storage Portsmouth | 0.0% | 2.4% | | | | | 350 High Point Avenue | Portsmouth | Newport | RI | 02871 | Self Storage | Self Storage | 2002 | NAP | 52,575 | SF | | 240,669 | 240,669 | 240,669 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,289,666 | 259,656 | 1,030,009 | 4/30/2023 | T-12 | 1,287,358 | 256,630 | 1,030,728 | 12/31/2022 | T-12 | 1,078,274 | 233,902 | 844,372 | 12/31/2021 | T-12 | 81.0% | 1,273,941 | 291,345 | 982,596 | 9,600 | 0 | 972,996 | | | | | 18,000,000 | As Is | 3/2/2023 | | | 81.0% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.14 | Property | | 1 | Prime Storage Bolivia | 0.0% | 2.4% | | | | | 890 Southport - Supply Road Southeast | Bolivia | Brunswick | NC | 28422 | Self Storage | Self Storage | 2006 | NAP | 85,925 | SF | | 239,332 | 239,332 | 239,332 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,329,375 | 258,836 | 1,070,540 | 4/30/2023 | T-12 | 1,306,967 | 254,558 | 1,052,409 | 12/31/2022 | T-12 | 1,082,216 | 245,005 | 837,211 | 12/31/2021 | T-12 | 77.0% | 1,259,320 | 270,160 | 989,161 | 8,349 | 0 | 980,812 | | | | | 17,900,000 | As Is | 2/28/2023 | | | 77.0% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.15 | Property | | 1 | Prime Storage Charlottesville | 0.0% | 2.3% | | | | | 2365, 2383 and 2375 Hunters Way | Charlottesville | Albemarle | VA | 22911 | Self Storage | Self Storage | 1999, 2002, 2007, 2013 | NAP | 72,465 | SF | | 232,647 | 232,647 | 232,647 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,618,359 | 401,638 | 1,216,721 | 4/30/2023 | T-12 | 1,637,350 | 405,712 | 1,231,638 | 12/31/2022 | T-12 | 1,462,843 | 395,954 | 1,066,889 | 12/31/2021 | T-12 | 71.5% | 1,457,962 | 434,945 | 1,023,017 | 22,894 | 0 | 1,000,123 | | | | | 17,400,000 | As Is | 3/2/2023 | | | 71.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.16 | Property | | 1 | Prime Storage Clifton | 0.0% | 2.3% | | | | | 47 Main Avenue | Clifton | Passaic | NJ | 07014 | Self Storage | Self Storage | 1947, 2000 | 2019 | 51,140 | SF | | 228,636 | 228,636 | 228,636 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,305,675 | 362,872 | 942,803 | 4/30/2023 | T-12 | 1,284,546 | 353,006 | 931,540 | 12/31/2022 | T-12 | 1,158,165 | 425,205 | 732,960 | 12/31/2021 | T-12 | 84.8% | 1,294,899 | 368,054 | 926,845 | 13,483 | 0 | 913,362 | | | | | 17,100,000 | As Is | 2/27/2023 | | | 84.8% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.17 | Property | | 1 | Prime Storage Centereach | 0.0% | 2.2% | | | | | 21 Hammond Road | Centereach | Suffolk | NY | 11720 | Self Storage | Self Storage | 1978, 1997 | 2019 | 68,031 | SF | | 224,624 | 224,624 | 224,624 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,467,143 | 507,669 | 959,474 | 4/30/2023 | T-12 | 1,459,663 | 519,086 | 940,577 | 12/31/2022 | T-12 | 1,245,039 | 579,756 | 665,283 | 12/31/2021 | T-12 | 83.5% | 1,517,715 | 520,866 | 996,849 | 10,257 | 0 | 986,592 | | | | | 16,800,000 | As Is | 3/3/2023 | | | 83.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.18 | Property | | 1 | Prime Storage Marietta North | 0.0% | 2.2% | | | | | 3850 Shallowford Road | Marietta | Cobb | GA | 30062 | Self Storage | Self Storage | 2002 | NAP | 80,595 | SF | | 216,602 | 216,602 | 216,602 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,286,491 | 257,645 | 1,028,846 | 4/30/2023 | T-12 | 1,253,010 | 256,034 | 996,976 | 12/31/2022 | T-12 | 1,078,419 | 287,615 | 790,804 | 12/31/2021 | T-12 | 85.0% | 1,247,694 | 261,747 | 985,947 | 9,035 | 0 | 976,912 | | | | | 16,200,000 | As Is | 3/1/2023 | | | 85.0% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.19 | Property | | 1 | Prime Storage Hardeeville | 0.0% | 2.1% | | | | | 1689 Brickyard Road | Hardeeville | Jasper | SC | 29927 | Self Storage | Self Storage | 2010 | NAP | 72,089 | SF | | 211,254 | 211,254 | 211,254 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,506,927 | 337,843 | 1,169,084 | 4/30/2023 | T-12 | 1,457,789 | 331,044 | 1,126,745 | 12/31/2022 | T-12 | 1,082,350 | 330,959 | 751,391 | 12/31/2021 | T-12 | 86.8% | 1,489,541 | 347,534 | 1,142,007 | 4,386 | 0 | 1,137,622 | | | | | 15,800,000 | As Is | 3/6/2023 | | | 86.8% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Yes | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.20 | Property | | 1 | Prime Storage Summerville | 0.0% | 2.1% | | | | | 2248 North Main Street | Summerville | Berkeley | SC | 29486 | Self Storage | Self Storage | 2017 | NAP | 100,600 | SF | | 210,585 | 210,585 | 210,585 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,309,737 | 412,259 | 897,477 | 4/30/2023 | T-12 | 1,264,309 | 407,586 | 856,723 | 12/31/2022 | T-12 | 965,576 | 419,258 | 546,318 | 12/31/2021 | T-12 | 89.1% | 1,376,991 | 426,433 | 950,558 | 10,000 | 0 | 940,558 | | | | | 15,750,000 | As Is | 3/6/2023 | | | 89.1% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.21 | Property | | 1 | Prime Storage Virginia Beach Lynnhaven Pkwy. | 0.0% | 2.0% | | | | | 1553 Lynnhaven Parkway | Virginia Beach | Virginia Beach | VA | 23453 | Self Storage | Self Storage | 2016 | NAP | 62,183 | SF | | 201,895 | 201,895 | 201,895 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,158,381 | 320,610 | 837,771 | 4/30/2023 | T-12 | 1,100,120 | 312,098 | 788,022 | 12/31/2022 | T-12 | 933,917 | 295,332 | 638,585 | 12/31/2021 | T-12 | 91.5% | 1,194,725 | 343,240 | 851,485 | 6,617 | 0 | 844,868 | | | | | 15,100,000 | As Is | 3/7/2023 | | | 91.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.22 | Property | | 1 | Prime Storage Marietta South | 0.0% | 2.0% | | | | | 155 Heathersett Drive | Marietta | Cobb | GA | 30064 | Self Storage | Self Storage | 1986, 2003 | NAP | 86,196 | SF | | 200,558 | 200,558 | 200,558 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,324,033 | 314,968 | 1,009,065 | 4/30/2023 | T-12 | 1,281,734 | 296,501 | 985,233 | 12/31/2022 | T-12 | 1,074,104 | 305,206 | 768,898 | 12/31/2021 | T-12 | 88.8% | 1,319,193 | 315,567 | 1,003,626 | 17,058 | 0 | 986,568 | | | | | 15,000,000 | As Is | 3/1/2023 | | | 88.8% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.23 | Property | | 1 | Prime Storage Cartersville | 0.0% | 1.9% | | | | | 1340 Joe Frank Harris Parkway | Cartersville | Bartow | GA | 30120 | Self Storage | Self Storage | 2001 | 2006 | 49,706 | SF | | 188,524 | 188,524 | 188,524 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,190,687 | 295,210 | 895,477 | 4/30/2023 | T-12 | 1,160,276 | 283,060 | 877,216 | 12/31/2022 | T-12 | 900,371 | 301,088 | 599,283 | 12/31/2021 | T-12 | 85.3% | 1,186,529 | 298,068 | 888,461 | 15,229 | 0 | 873,232 | | | | | 14,100,000 | As Is | 3/1/2023 | | | 85.3% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.24 | Property | | 1 | Prime Storage Danbury West | 0.0% | 1.9% | | | | | 20 Old Ridgebury Road | Danbury | Fairfield | CT | 06810 | Self Storage | Self Storage | 2010 | NAP | 43,789 | SF | | 187,187 | 187,187 | 187,187 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,170,248 | 336,607 | 833,641 | 4/30/2023 | T-12 | 1,154,035 | 332,068 | 821,967 | 12/31/2022 | T-12 | 1,005,918 | 301,837 | 704,081 | 12/31/2021 | T-12 | 81.8% | 1,141,311 | 424,003 | 717,309 | 6,660 | 0 | 710,649 | | | | | 14,000,000 | As Is | 2/27/2023 | | | 81.8% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.25 | Property | | 1 | Prime Storage Scarborough | 0.0% | 1.8% | | | | | 8 Pleasant Hill Road | Scarborough | Cumberland | ME | 04074 | Self Storage | Self Storage | 1985 | 1998 | 53,025 | SF | | 180,502 | 180,502 | 180,502 | | | | | | | | | | | | | | | | | | | | | | | | | | | 972,781 | 204,689 | 768,092 | 4/30/2023 | T-12 | 969,943 | 210,404 | 759,539 | 12/31/2022 | T-12 | 851,254 | 215,197 | 636,057 | 12/31/2021 | T-12 | 82.6% | 949,712 | 206,285 | 743,427 | 15,057 | 0 | 728,370 | | | | | 13,500,000 | As Is | 3/3/2023 | | | 82.6% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.26 | Property | | 1 | Prime Storage Baltimore | 0.0% | 1.7% | | | | | 3220 Wilkens Avenue | Baltimore | Baltimore | MD | 21229 | Self Storage | Self Storage | 1988 | NAP | 73,685 | SF | | 171,142 | 171,142 | 171,142 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,209,993 | 353,073 | 856,920 | 4/30/2023 | T-12 | 1,166,890 | 356,584 | 810,306 | 12/31/2022 | T-12 | 988,629 | 406,621 | 582,008 | 12/31/2021 | T-12 | 83.9% | 1,214,835 | 356,696 | 858,140 | 25,278 | 0 | 832,861 | | | | | 12,800,000 | As Is | 3/3/2023 | | | 83.9% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.27 | Property | | 1 | Prime Storage Farmingdale | 0.0% | 1.7% | | | | | 2091 New Highway | Farmingdale | Suffolk | NY | 11735 | Self Storage | Self Storage | 1976 | 1994, 2006, 2009 | 43,998 | SF | | 171,142 | 171,142 | 171,142 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,088,536 | 374,814 | 713,721 | 4/30/2023 | T-12 | 1,082,885 | 370,844 | 712,041 | 12/31/2022 | T-12 | 1,004,505 | 398,426 | 606,079 | 12/31/2021 | T-12 | 82.5% | 1,102,566 | 381,238 | 721,329 | 11,771 | 0 | 709,557 | | | | | 12,800,000 | As Is | 3/2/2023 | | | 82.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.28 | Property | | 1 | Prime Storage Baltimore - 3500 Wilkens Ave. | 0.0% | 1.7% | | | | | 3500 Wilkens Avenue | Baltimore | Baltimore | MD | 21229 | Self Storage | Self Storage | 1984 | NAP | 70,758 | SF | | 167,131 | 167,131 | 167,131 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,009,276 | 296,673 | 712,603 | 4/30/2023 | T-12 | 994,735 | 296,070 | 698,665 | 12/31/2022 | T-12 | 844,603 | 307,442 | 537,161 | 12/31/2021 | T-12 | 79.0% | 1,054,046 | 298,291 | 755,754 | 11,793 | 0 | 743,961 | | | | | 12,500,000 | As Is | 3/3/2023 | | | 79.0% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.29 | Property | | 1 | Prime Storage Glenville | 0.0% | 1.6% | | | | | 65 Freemans Bridge Road | Glenville | Schenectady | NY | 12302 | Self Storage | Self Storage | 1999 | 2004 | 62,143 | SF | | 157,772 | 157,772 | 157,772 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,167,260 | 334,793 | 832,467 | 4/30/2023 | T-12 | 1,159,981 | 339,985 | 819,996 | 12/31/2022 | T-12 | 1,053,018 | 339,049 | 713,969 | 12/31/2021 | T-12 | 82.9% | 1,154,471 | 358,477 | 795,995 | 8,343 | 0 | 787,652 | | | | | 11,800,000 | As Is | 3/6/2023 | | | 82.9% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.30 | Property | | 1 | Prime Storage Fishers Ford Dr. | 0.0% | 1.5% | | | | | 12650 Ford Drive | Fishers | Hamilton | IN | 46038 | Self Storage | Self Storage | 1996 | NAP | 68,875 | SF | | 151,087 | 151,087 | 151,087 | | | | | | | | | | | | | | | | | | | | | | | | | | | 878,390 | 243,939 | 634,451 | 4/30/2023 | T-12 | 852,355 | 245,083 | 607,272 | 12/31/2022 | T-12 | 728,674 | 261,020 | 467,654 | 12/31/2021 | T-12 | 89.9% | 910,293 | 244,172 | 666,121 | 16,803 | 0 | 649,318 | | | | | 11,300,000 | As Is | 3/2/2023 | | | 89.9% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.31 | Property | | 1 | Prime Storage Acworth North | 0.0% | 1.5% | | | | | 6394 Bells Ferry Road | Acworth | Cherokee | GA | 30102 | Self Storage | Self Storage | 2001 | NAP | 67,599 | SF | | 148,413 | 148,413 | 148,413 | | | | | | | | | | | | | | | | | | | | | | | | | | | 950,998 | 229,601 | 721,398 | 4/30/2023 | T-12 | 951,579 | 221,529 | 730,050 | 12/31/2022 | T-12 | 790,946 | 216,857 | 574,089 | 12/31/2021 | T-12 | 82.6% | 916,278 | 247,633 | 668,645 | 7,744 | 0 | 660,902 | | | | | 11,100,000 | As Is | 3/1/2023 | | | 82.6% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.32 | Property | | 1 | Prime Storage Rock Hill | 0.0% | 1.5% | | | | | 2550 Cherry Road | Rock Hill | York | SC | 29732 | Self Storage | Self Storage | 2016 | NAP | 72,300 | SF | | 147,744 | 147,744 | 147,744 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,094,422 | 336,974 | 757,449 | 4/30/2023 | T-12 | 1,042,410 | 331,133 | 711,277 | 12/31/2022 | T-12 | 836,476 | 347,820 | 488,656 | 12/31/2021 | T-12 | 81.7% | 1,057,337 | 339,535 | 717,802 | 6,267 | 0 | 711,535 | | | | | 11,050,000 | As Is | 3/6/2023 | | | 81.7% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.33 | Property | | 1 | Prime Storage Simpsonville | 0.0% | 1.5% | | | | | 2711 Woodruff Road | Simpsonville | Greenville | SC | 29681 | Self Storage | Self Storage | 2004 | 2018 | 85,425 | SF | | 145,070 | 145,070 | 145,070 | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,016,674 | 303,578 | 713,096 | 4/30/2023 | T-12 | 976,412 | 313,652 | 662,760 | 12/31/2022 | T-12 | 774,765 | 338,572 | 436,193 | 12/31/2021 | T-12 | 80.5% | 993,547 | 306,494 | 687,053 | 9,024 | 0 | 678,029 | | | | | 10,850,000 | As Is | 3/6/2023 | | | 80.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.34 | Property | | 1 | Prime Storage Acworth East | 0.0% | 1.4% | | | | | 2645 Hickory Grove Road | Acworth | Cobb | GA | 30101 | Self Storage | Self Storage | 1999 | NAP | 64,877 | SF | | 140,390 | 140,390 | 140,390 | | | | | | | | | | | | | | | | | | | | | | | | | | | 950,386 | 229,153 | 721,233 | 4/30/2023 | T-12 | 939,384 | 231,559 | 707,825 | 12/31/2022 | T-12 | 789,749 | 245,064 | 544,685 | 12/31/2021 | T-12 | 86.1% | 956,535 | 233,534 | 723,001 | 9,421 | 0 | 713,580 | | | | | 10,500,000 | As Is | 3/1/2023 | | | 86.1% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.35 | Property | | 1 | Prime Storage Saco | 0.0% | 1.4% | | | | | 28 Industrial Park Road | Saco | York | ME | 04072 | Self Storage | Self Storage | 2000 | NAP | 32,175 | SF | | 140,390 | 140,390 | 140,390 | | | | | | | | | | | | | | | | | | | | | | | | | | | 872,980 | 207,692 | 665,287 | 4/30/2023 | T-12 | 820,491 | 210,900 | 609,591 | 12/31/2022 | T-12 | 724,331 | 213,229 | 511,102 | 12/31/2021 | T-12 | 87.6% | 894,789 | 210,500 | 684,288 | 4,429 | 0 | 679,860 | | | | | 10,500,000 | As Is | 3/3/2023 | | | 87.6% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Yes | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.36 | Property | | 1 | Prime Storage Baltimore North Point Blvd. | 0.0% | 1.4% | | | | | 2613 North Point Boulevard | Baltimore | Baltimore | MD | 21222 | Self Storage | Self Storage | 2007 | NAP | 48,200 | SF | | 139,053 | 139,053 | 139,053 | | | | | | | | | | | | | | | | | | | | | | | | | | | 927,863 | 246,844 | 681,019 | 4/30/2023 | T-12 | 897,103 | 244,621 | 652,482 | 12/31/2022 | T-12 | 792,388 | 284,819 | 507,569 | 12/31/2021 | T-12 | 88.1% | 929,401 | 246,485 | 682,916 | 7,171 | 0 | 675,744 | | | | | 10,400,000 | As Is | 3/3/2023 | | | 88.1% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.37 | Property | | 1 | Prime Storage Green Island | 0.0% | 1.3% | | | | | 12 Lower Hudson Avenue | Green Island | Albany | NY | 12183 | Self Storage | Self Storage | 1997-1999 | NAP | 42,975 | SF | | 127,020 | 127,020 | 127,020 | | | | | | | | | | | | | | | | | | | | | | | | | | | 851,550 | 244,154 | 607,396 | 4/30/2023 | T-12 | 833,745 | 243,134 | 590,611 | 12/31/2022 | T-12 | 767,195 | 238,813 | 528,382 | 12/31/2021 | T-12 | 81.3% | 836,734 | 244,491 | 592,244 | 4,779 | 0 | 587,465 | | | | | 9,500,000 | As Is | 3/6/2023 | | | 81.3% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.38 | Property | | 1 | Prime Storage North Fort Myers | 0.0% | 1.3% | | | | | 2590 North Tamiami Trail | North Fort Myers | Lee | FL | 33903 | Self Storage | Self Storage | 1984, 1996 | NAP | 40,928 | SF | | 126,351 | 126,351 | 126,351 | | | | | | | | | | | | | | | | | | | | | | | | | | | 863,768 | 253,314 | 610,454 | 4/30/2023 | T-12 | 796,885 | 253,755 | 543,130 | 12/31/2022 | T-12 | 621,831 | 230,932 | 390,899 | 12/31/2021 | T-12 | 91.2% | 932,437 | 260,511 | 671,927 | 9,429 | 0 | 662,498 | | | | | 9,450,000 | As Is | 3/7/2023 | | | 91.2% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.39 | Property | | 1 | Prime Storage Marietta | 0.0% | 1.2% | | | | | 1225 Canton Road | Marietta | Cobb | GA | 30066 | Self Storage | Self Storage | 1988 | 1997 | 65,984 | SF | | 124,346 | 124,346 | 124,346 | | | | | | | | | | | | | | | | | | | | | | | | | | | 838,352 | 235,037 | 603,315 | 4/30/2023 | T-12 | 815,959 | 227,879 | 588,080 | 12/31/2022 | T-12 | 652,126 | 239,645 | 412,481 | 12/31/2021 | T-12 | 87.3% | 834,313 | 237,946 | 596,367 | 8,047 | 0 | 588,320 | | | | | 9,300,000 | As Is | 3/1/2023 | | | 87.3% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.40 | Property | | 1 | Prime Storage Midland | 0.0% | 1.2% | | | | | 6700 Flat Rock Road | Midland | Muscogee | GA | 31820 | Self Storage | Self Storage | 2001 | 2004 | 61,495 | SF | | 120,335 | 120,335 | 120,335 | | | | | | | | | | | | | | | | | | | | | | | | | | | 894,127 | 261,396 | 632,731 | 4/30/2023 | T-12 | 886,736 | 261,019 | 625,717 | 12/31/2022 | T-12 | 838,768 | 250,414 | 588,354 | 12/31/2021 | T-12 | 84.1% | 895,515 | 252,760 | 642,755 | 9,396 | 0 | 633,359 | | | | | 9,000,000 | As Is | 3/1/2023 | | | 84.1% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.41 | Property | | 1 | Prime Storage Lansing | 0.0% | 1.2% | | | | | 1530 Lake Lansing Road | Lansing | Ingham | MI | 48912 | Self Storage | Self Storage | 1987 | 2004 | 54,785 | SF | | 118,663 | 118,663 | 118,663 | | | | | | | | | | | | | | | | | | | | | | | | | | | 779,440 | 258,337 | 521,103 | 4/30/2023 | T-12 | 773,954 | 267,346 | 506,608 | 12/31/2022 | T-12 | 714,596 | 242,354 | 472,242 | 12/31/2021 | T-12 | 81.6% | 771,169 | 245,593 | 525,576 | 8,043 | 0 | 517,533 | | | | | 8,875,000 | As Is | 3/2/2023 | | | 81.6% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.42 | Property | | 1 | Prime Storage Acworth West | 0.0% | 1.2% | | | | | 3495 Baker Road | Acworth | Cobb | GA | 30101 | Self Storage | Self Storage | 1995, 1997, 2000 | NAP | 41,534 | SF | | 117,660 | 117,660 | 117,660 | | | | | | | | | | | | | | | | | | | | | | | | | | | 839,327 | 212,494 | 626,833 | 4/30/2023 | T-12 | 816,871 | 206,224 | 610,647 | 12/31/2022 | T-12 | 685,745 | 188,395 | 497,350 | 12/31/2021 | T-12 | 81.5% | 836,288 | 212,955 | 623,333 | 5,243 | 0 | 618,091 | | | | | 8,800,000 | As Is | 3/1/2023 | | | 81.5% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.43 | Property | | 1 | Prime Storage Boardman | 0.0% | 1.1% | | | | | 7469 South Avenue | Boardman | Mahoning | OH | 44512 | Self Storage | Self Storage | 1998 | 2020 | 80,558 | SF | | 114,853 | 114,853 | 114,853 | | | | | | | | | | | | | | | | | | | | | | | | | | | 909,331 | 341,240 | 568,091 | 4/30/2023 | T-12 | 940,214 | 337,075 | 603,139 | 12/31/2022 | T-12 | 860,282 | 376,890 | 483,392 | 12/31/2021 | T-12 | 67.0% | 974,571 | 350,072 | 624,499 | 31,009 | 0 | 593,490 | | | | | 8,360,000 | As Is | 2/24/2023 | | | 67.0% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.44 | Property | | 1 | Prime Storage North Miami | 0.0% | 0.9% | | | | | 1945 Northeast 135th Street | North Miami | Miami-Dade | FL | 33181 | Self Storage | Self Storage | 2002 | NAP | 16,955 | SF | | 86,908 | 86,908 | 86,908 | | | | | | | | | | | | | | | | | | | | | | | | | | | 695,751 | 286,366 | 409,385 | 4/30/2023 | T-12 | 659,411 | 267,221 | 392,190 | 12/31/2022 | T-12 | 516,858 | 248,158 | 268,700 | 12/31/2021 | T-12 | 85.4% | 698,614 | 298,236 | 400,377 | 10,150 | 0 | 390,227 | | | | | 6,500,000 | As Is | 3/1/2023 | | | 85.4% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Yes | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 22.45 | Property | | 1 | Prime Storage Greenville Butler Rd. | 0.0% | 0.6% | | | | | 1260 East Butler Road | Greenville | Greenville | SC | 29607 | Self Storage | Self Storage | 1996 | NAP | 42,750 | SF | | 56,825 | 56,825 | 56,825 | | | | | | | | | | | | | | | | | | | | | | | | | | | 426,260 | 168,666 | 257,594 | 4/30/2023 | T-12 | 407,385 | 173,643 | 233,742 | 12/31/2022 | T-12 | 326,909 | 182,569 | 144,340 | 12/31/2021 | T-12 | 80.1% | 438,458 | 170,834 | 267,624 | 7,234 | 0 | 260,390 | | | | | 4,250,000 | As Is | 3/6/2023 | | | 80.1% | 4/30/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/20/2023 | NAP | 3/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 23 | Loan | | 1 | Eden Apartments | 1.0% | 100.0% | SGFC | SGFC | NAP | NAP | 800 Minette Circle | Louisville | Jefferson | KY | 40258 | Multifamily | Garden | 1972 | 2022 | 124 | Units | 61,290.32 | 7,600,000 | 7,600,000 | 7,600,000 | 6.62500% | 0.016595% | 6.60841% | NAP | 42,541.09 | NAP | 510,493.08 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 6/28/2023 | 1 | 1 | 8/1/2023 | NAP | 7/1/2028 | 7/1/2028 | 0 | 0 | L(25),D(28),O(7) | 1,013,754 | 335,698 | 678,056 | 5/31/2023 | T-12 | 768,811 | 326,620 | 442,191 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,162,987 | 415,783 | 747,204 | 37,961 | 0 | 709,243 | 1.46 | 1.39 | 9.8% | 9.3% | 11,800,000 | As Is | 4/19/2023 | 64.4% | 64.4% | 95.2% | 6/9/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 4/27/2023 | NAP | 6/6/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 64,157 | 9,165 | 33,558 | 5,593 | 0 | 3,163 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,672 | 0 | 0 | | 0 | NAP | NAP | Springing | Springing | Yes | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Michael Eisner and Steven Weinstock | Michael Eisner and Steven Weinstock | No | No | Refinance | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 24 | Loan | | 1 | Green Acres | 0.7% | 100.0% | GSBI, MSBNA, BMO, DBRI | BMO | NAP | NAP | 2034 Green Acres Road | Valley Stream | Nassau | NY | 11581 | Retail | Super Regional Mall | 1956, 2016 | 1982, 2006, 2007 | 2,081,286 | SF | 177.77 | 5,500,000 | 5,500,000 | 5,500,000 | 5.89900% | 0.016595% | 5.88241% | NAP | 27,412.60 | NAP | 328,951.20 | Interest Only | No | Actual/360 | 60 | 53 | 60 | 53 | 0 | 0 | 1/3/2023 | 7 | 6 | 2/6/2023 | NAP | 1/6/2028 | 1/6/2028 | 5 | 0 | L(31),YM1(24),O(5) | 76,986,549 | 31,812,161 | 45,174,388 | 9/30/2022 | T-12 | 76,903,875 | 30,285,085 | 46,618,790 | 12/31/2021 | T-12 | 69,008,722 | 28,007,136 | 41,001,586 | 12/31/2020 | T-12 | 96.2% | 83,514,884 | 35,580,356 | 47,934,528 | 455,855 | 1,113,906 | 46,364,767 | 2.17 | 2.10 | 13.0% | 12.5% | 679,000,000 | As Is | 10/30/2022 | 54.5% | 54.5% | 97.7% | 12/12/2022 | No | Macy's | 390,503 | 18.8% | 8/18/2026 (266,676 SF); 7/31/2034 (123,827 SF) | Walmart | 173,450 | 8.3% | 8/31/2028 | SEARS | 144,537 | 6.9% | 10/31/2028 | BJ's Wholesale Club | 127,750 | 6.1% | 1/31/2027 | KOHL'S | 116,392 | 5.6% | 1/31/2031 | 12/20/2022 | NAP | 12/20/2022 | NAP | NAP | Yes - AE | Fee/Leasehold | 8/12/2026 | Two, 6-year options | 1,080,000 | No | 0 | Springing | 0 | Springing | 0 | Springing | 619,992 | 4,068,135 | 0 | 0 | 0 | 0 | 0 | 0 | 743,644 | Springing | Gap Rent Reserve (Upfront: $743,643.75), Rollover Reserve (Monthly: Springing) | 2,043,342 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 5,500,000 | 364,500,000 | 1,816,707.65 | 1,844,120.25 | NAP | NAP | 370,000,000 | 1,844,120.25 | 54.5% | 2.10 | 13.0% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | The Macerich Partnership, L.P. | The Macerich Partnership, L.P. | No | No | Refinance | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 25 | Loan | | 2 | Little Rock Self Storage Portfolio | 0.6% | | CREFI | CREFI | NAP | NAP | Various | Little Rock | Pulaski | AR | 72209 | Self Storage | Self Storage | Various | Various | 99,065 | SF | 48.65 | 4,820,000 | 4,820,000 | 4,820,000 | 6.83000% | 0.016595% | 6.81341% | NAP | 27,814.86 | NAP | 333,778.32 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 7/13/2023 | 0 | 6 | 9/6/2023 | NAP | 8/6/2028 | 8/6/2028 | 0 | 0 | L(24),D(31),O(5) | 1,058,355 | 461,809 | 596,547 | 5/31/2023 | T-12 | 974,125 | 450,360 | 523,765 | 12/31/2022 | T-12 | 829,493 | 399,144 | 430,349 | 12/31/2021 | T-12 | 77.2% | 1,058,355 | 459,703 | 598,652 | 28,716 | 0 | 569,937 | 1.79 | 1.71 | 12.4% | 11.8% | 7,870,000 | As Is | 4/20/2023 | 61.2% | 61.2% | 82.7% | 5/23/2023 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 0 | 6,316 | 28,519 | 3,169 | 0 | 2,393 | 57,432 | 0 | 0 | 0 | 0 | 0 | 0 | 550,000 | 0 | 0 | NAP | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Jacob Ramage | Jacob Ramage | No | No | Acquisition | | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 25.01 | Property | | 1 | 8015 Geyer Springs Road | 0.4% | 56.0% | | | | | 8015 Geyer Springs Road | Little Rock | Pulaski | AR | 72209 | Self Storage | Self Storage | 1986 | 2009 | 42,550 | SF | | 2,698,000 | 2,698,000 | 2,698,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 582,718 | 253,363 | 329,355 | 5/31/2023 | T-12 | 544,898 | 248,375 | 296,523 | 12/31/2022 | T-12 | 500,165 | 231,004 | 269,161 | 12/31/2021 | T-12 | 87.8% | 582,718 | 252,488 | 330,230 | 8,936 | 0 | 321,294 | | | | | 4,460,000 | As Is | 4/20/2023 | | | 94.7% | 5/23/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/9/2023 | NAP | 5/24/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 25.02 | Property | | 1 | 6100 Leon Circle | 0.3% | 44.0% | | | | | 6100 Leon Circle | Little Rock | Pulaski | AR | 72209 | Self Storage | Self Storage | 1988 | NAP | 56,515 | SF | | 2,122,000 | 2,122,000 | 2,122,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | 475,637 | 208,446 | 267,192 | 5/31/2023 | T-12 | 429,227 | 201,985 | 227,242 | 12/31/2022 | T-12 | 329,327 | 168,140 | 161,188 | 12/31/2021 | T-12 | 65.7% | 475,637 | 207,215 | 268,423 | 19,780 | 0 | 248,642 | | | | | 3,410,000 | As Is | 4/20/2023 | | | 73.6% | 5/23/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/9/2023 | NAP | 5/24/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 26 | Loan | | 1 | Mini U Storage - Tomball | 0.5% | 100.0% | KeyBank | KeyBank | NAP | NAP | 11950 Spring Cypress Road | Tomball | Harris | TX | 77377 | Self Storage | Self Storage | 2007 | NAP | 81,809 | SF | 49.51 | 4,050,000 | 4,050,000 | 4,050,000 | 7.28000% | 0.025345% | 7.25466% | NAP | 24,911.25 | NAP | 298,935.00 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 5/26/2023 | 2 | 1 | 7/1/2023 | NAP | 6/1/2028 | 6/1/2028 | 0 | 0 | L(25),YM1(32),O(3) | 1,120,600 | 585,866 | 534,734 | 3/31/2023 | T-12 | 1,113,410 | 588,938 | 524,472 | 12/31/2022 | T-12 | 975,878 | 525,523 | 450,355 | 12/31/2021 | T-12 | 86.1% | 1,120,600 | 642,559 | 478,041 | 8,181 | 0 | 469,860 | 1.60 | 1.57 | 11.8% | 11.6% | 10,700,000 | As Is | 3/29/2023 | 37.9% | 37.9% | 85.3% | 3/21/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/29/2023 | NAP | 3/29/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 65,925 | 13,185 | 14,851 | 4,950 | 682 | 682 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Elevation Fund 8, LLC | Elevation Fund 8, LLC | No | No | Recapitalization | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
| 27 | Loan | | 1 | Marco MHC | 0.3% | 100.0% | SMC | SMC | NAP | NAP | 235 Old Country Road | Riverhead | Suffolk | NY | 11901 | Manufactured Housing | Manufactured Housing | 1978 | NAP | 41 | Pads | 53,146.08 | 2,180,000 | 2,178,989 | 2,086,486 | 7.91000% | 0.016595% | 7.89341% | 15,859.51 | NAP | 190,314.12 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 60 | 59 | 360 | 359 | 6/8/2023 | 1 | 6 | 8/6/2023 | 8/6/2023 | 7/6/2028 | 7/6/2028 | 0 | 0 | L(25),YM1(31),O(4) | 344,473 | 137,983 | 206,490 | 4/30/2023 | T-12 | 340,910 | 125,836 | 215,074 | 12/31/2022 | T-12 | 310,703 | 135,435 | 175,268 | 12/31/2021 | T-12 | 84.6% | 382,528 | 151,117 | 231,411 | 3,116 | 0 | 228,295 | 1.22 | 1.20 | 10.6% | 10.5% | 4,840,000 | As Is | 5/5/2023 | 45.0% | 43.1% | 85.4% | 6/6/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 5/23/2023 | 2/16/2023 | 5/9/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 17,681 | 5,894 | 5,168 | 1,723 | 0 | 260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Valentino Marcoccia | Valentino Marcoccia | No | No | Refinance | No | | | | | | | | | | | | | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |
