BMO Commercial Mortgage Securities FWP Free writing prospectus

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-255934-10

BMO 2024-5C3 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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, SG Americas Securities, LLC, UBS Securities, LLC, Academy Securities, Inc., 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.

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Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	% of Loan Balance	Mortgage Loan Originator	Mortgage Loan Seller	Related Group	Crossed Group	Address	City
								1	25
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	8.2%	100.0%	DBNY, GSBI, JPMCB, BMO	GACC, BMO, GSMC	NAP	NAP	1961 Chain Bridge Road	McLean
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	7.8%	100.0%	CREFI	CREFI	NAP	NAP	1200 South Clearview Parkway	Elmwood
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	6.7%	100.0%	SMC, GSMC	SMC, GSMC	NAP	NAP	494 Tan Tar A Drive	Osage Beach
4	Loan	7, 12, 19	1	Galleria at Tyler	5.5%	100.0%	SGFC, GACC, BANA	SGFC, GACC	Group A	NAP	1299 Galleria At Tyler	Riverside
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	5.5%		CREFI,MSBNA	CREFI	NAP	NAP	Various	Trenton
5.01	Property		1	50 East State Street	3.3%	60.0%					50 East State Street	Trenton
5.02	Property		1	33 West State Street	2.2%	40.0%					33 West State Street	Trenton
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	5.0%	100.0%	SGFC	SGFC	NAP	NAP	1099 Germantown Avenue	Philadelphia
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	4.8%		CREFI	CREFI	NAP	NAP	Various	Various
7.01	Property		1	FedEx Ground- Reading (Aviation), PA	2.7%	55.5%					615 Aviation Road	Reading
7.02	Property		1	Hy-Vee - Kansas City (64th), MO	0.9%	17.8%					5330 Northwest 64th Street	Kansas City
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA	0.6%	11.6%					501 Rodman Street	Fall River
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID	0.3%	5.7%					7032 East Athol Crossings Road	Athol
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX	0.1%	1.6%					7110 Arden Road	Amarillo
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX	0.1%	1.6%					948 East Industrial Boulevard	Abilene
7.07	Property		1	Dollar General - Flint (Linden Creek), MI	0.1%	1.4%					4505 Linden Creek Parkway	Flint
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH	0.1%	1.3%					645 Troy Street	Dayton
7.09	Property		1	Dollar General - Goshen (Kercher), IN	0.1%	1.3%					811 East Kercher Road	Goshen
7.10	Property		1	Dollar General - Saginaw (East), MI	0.1%	1.2%					4930 East Road	Saginaw
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX	0.0%	1.0%					2439 Cienegas Road	Del Rio
8	Loan	3, 12, 20	1	61 S Paramus Road	3.7%	100.0%	SGFC	SGFC	NAP	NAP	61 South Paramus Road	Paramus
9	Loan	4, 19, 23	1	111 West 19th Street	3.7%	100.0%	CREFI	CREFI	NAP	NAP	111 West 19th Street	New York
10	Loan	16, 18, 28	1	333 South Spruce Street	3.2%	100.0%	CREFI	CREFI	NAP	NAP	333 South Spruce Street	Manteno
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	3.2%	100.0%	GSC2	GCMC	NAP	NAP	6075 Poplar Avenue	Memphis
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	3.2%	100.0%	DBNY, WFBNA, Barclays	GACC	Group A	NAP	2655 Richmond Avenue	Staten Island
13	Loan	32	1	Highland Hills Apartments	3.0%	100.0%	SMC	SMC	NAP	NAP	20 North Hill Parkway	Jackson
14	Loan	3, 20, 32	1	Oak Park Commons	3.0%	100.0%	SGFC	SGFC	NAP	NAP	West 95th Street and Quivira Road	Lenexa
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	2.8%	100.0%	GSBI, GACC, Natixis	GSMC, GACC	NAP	NAP	1 Garden State Plaza	Paramus
16	Loan	23, 31	1	Whole Foods at Gateway Center	2.7%	100.0%	CREFI	CREFI	NAP	NAP	7230-7380 Orchard Lake Road	West Bloomfield
17	Loan	19, 23	1	University Shoppes	2.6%	100.0%	SMC	SMC	NAP	NAP	1601-1615 Southwest 107th Avenue	Miami
18	Loan	6, 7, 19, 30	2	OPI Portfolio	2.5%		UBS AG	UBS AG	NAP	NAP	Various	Various
18.01	Property		1	1 Primerica Parkway	1.8%	71.4%					1 Primerica Parkway	Duluth
18.02	Property		1	701 Clay Avenue	0.7%	28.6%					701 Clay Avenue	Waco
19	Loan	1, 16	1	Capitol Crossings Apartments	2.3%	100.0%	Arbor	BMO	NAP	NAP	18 North Manning Boulevard, 666 Third Street and 14 North Manning Boulevard	Albany
20	Loan	2, 23	1	91 Crosby Street	2.2%	100.0%	BMO	BMO	NAP	NAP	91 Crosby Street	New York
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	2.1%		GACC	GACC	NAP	NAP	Various	Various
21.01	Property		1	Liberty Lofts	1.2%	54.1%					3517 South University Drive	Fort Worth
21.02	Property		1	Midtown Urban	1.0%	45.9%					1121 UTA Boulevard	Arlington
22	Loan	6	3	Rosenberg Multifamily Portfolio	2.1%		BMO	BMO	NAP	NAP	Various	Various
22.01	Property		1	Benjamin Banneker Plaza	1.4%	65.7%					2114 West 6th Street	Chester
22.02	Property		1	Claremont Manor Apartments	0.5%	23.4%					2 Manor Drive	Claremont
22.03	Property		1	Clearview Apartments	0.2%	10.9%					496-510 Garden Street	Hartford
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	1.7%		UBS AG	UBS AG	NAP	NAP	Various	Various
23.01	Property		1	21-23 Catherine Street	1.4%	83.2%					21-23 Catherine Street	New York
23.02	Property		1	26 Park Place	0.3%	16.8%					26 Park Place	Brooklyn
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	1.7%	100.0%	BMO	BMO, CREFI, GACC	NAP	NAP	10100 International Drive	Orlando
25	Loan	15, 19	1	Riveredge Industrial	1.5%	100.0%	ZBNA	ZBNA	NAP	NAP	19, 42 & 59 Lukens Drive	New Castle Hundred
26	Loan	2	1	Big Horn at Black Mountain	1.4%	100.0%	BMO	BMO	NAP	NAP	231 West Horizon Ridge Parkway	Henderson
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	1.3%		CREFI	CREFI	NAP	NAP	Various	Bala Cynwyd
27.01	Property		1	Three Bala Plaza	0.5%	41.3%					251 Saint Asaphs Road	Bala Cynwyd
27.02	Property		1	One Bala Plaza	0.5%	39.4%					231 Saint Asaphs Road	Bala Cynwyd
27.03	Property		1	Two Bala Plaza	0.2%	19.3%					333 East City Avenue	Bala Cynwyd
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	1.0%	100.0%	SMC	SMC	NAP	NAP	35 Kingston Avenue	Brooklyn
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	1.0%	100.0%	LMF	LMF	NAP	NAP	5906 Park Heights Avenue and 6000 Menlo Drive	Baltimore
30	Loan	15, 19, 23	1	Millstone Towne Center	0.9%	100.0%	ZBNA	ZBNA	NAP	NAP	3350 Footbridge Lane and 3351 South Peak Drive	Fayetteville
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	0.8%	100.0%	SMC	SMC	NAP	NAP	785 Fairmount Place	Bronx
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	0.7%	100.0%	BMO	BMO	NAP	NAP	4730 Painters Mill Road	Owings Mills
33	Loan	16, 27	1	2136 Bedford Avenue	0.6%	100.0%	SMC	SMC	NAP	NAP	2136 Bedford Avenue	Brooklyn
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	0.5%	100.0%	LMF	LMF	NAP	NAP	1435 2nd Avenue	New York
35	Loan		1	Pine Grove Apartments	0.5%	100.0%	LMF	LMF	NAP	NAP	6006, 6060 Brown Parkway; 6006, 6033, 6060 Elm Court; and 6011, 6055, 6060 John Court	Loves Park
36	Loan	3, 19	1	Sunshine Storage	0.4%	100.0%	UBS AG	UBS AG	NAP	NAP	58521 Belleview Drive & 22035 LA-1	Plaquemine
37	Loan	19, 20	1	Orchard Grove Shopping Center	0.3%	100.0%	GSC2	GCMC	NAP	NAP	1330 North Orchard Road	Aurora

A-1-1

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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 ($)
								2	2			3			6, 7	6, 7
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	Fairfax	VA	22102	Retail	Super Regional Mall	1968	1989, 2005	1,793,638	SF	395.84	73,960,000	73,960,000
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	Jefferson	LA	70123	Retail	Anchored	1977	2020	804,807	SF	105.62	70,000,000	70,000,000
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	Camden	MO	65065	Hospitality	Full Service	1960	2023	520	Rooms	116,346.15	60,500,000	60,500,000
4	Loan	7, 12, 19	1	Galleria at Tyler	Riverside	CA	92503	Retail	Super Regional Mall	1970	1991, 2007	565,913	SF	265.06	50,000,000	50,000,000
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	Mercer	NJ	08608	Office	CBD	Various	NAP	473,622	SF	190.02	50,000,000	50,000,000
5.01	Property		1	50 East State Street	Mercer	NJ	08608	Office	CBD	1989	NAP	305,885	SF		30,000,000	30,000,000
5.02	Property		1	33 West State Street	Mercer	NJ	08608	Office	CBD	1986	NAP	167,737	SF		20,000,000	20,000,000
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	Philadelphia	PA	19123	Multifamily	Luxury High Rise	2022-2023	NAP	695	Units	267,482.01	45,000,000	45,000,000
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	Various	Various	Various	Various	Various	Various	Various	507,017	SF	85.30	43,250,000	43,250,000
7.01	Property		1	FedEx Ground- Reading (Aviation), PA	Berks	PA	19601	Industrial	Warehouse/Distribution	2023	NAP	251,028	SF		23,990,000	23,990,000
7.02	Property		1	Hy-Vee - Kansas City (64th), MO	Platte	MO	64151	Retail	Single Tenant	2010	NAP	88,588	SF		7,700,000	7,700,000
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA	Bristol	MA	02721	Retail	Single Tenant	1997	NAP	70,950	SF		5,030,000	5,030,000
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID	Kootenai	ID	83801	Retail	Single Tenant	2023	NAP	21,910	SF		2,480,000	2,480,000
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX	Potter	TX	79109	Retail	Single Tenant	2023	NAP	10,052	SF		710,000	710,000
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX	Taylor	TX	79602	Retail	Single Tenant	2023	NAP	10,136	SF		680,000	680,000
7.07	Property		1	Dollar General - Flint (Linden Creek), MI	Genesee	MI	48507	Retail	Single Tenant	2023	NAP	10,697	SF		600,000	600,000
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH	Montgomery	OH	45404	Retail	Single Tenant	1958	2023	12,615	SF		580,000	580,000
7.09	Property		1	Dollar General - Goshen (Kercher), IN	Elkhart	IN	46526	Retail	Single Tenant	2023	NAP	10,925	SF		560,000	560,000
7.10	Property		1	Dollar General - Saginaw (East), MI	Saginaw	MI	48601	Retail	Single Tenant	2022	NAP	10,887	SF		500,000	500,000
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX	Val Verde	TX	78840	Retail	Single Tenant	2019	NAP	9,229	SF		420,000	420,000
8	Loan	3, 12, 20	1	61 S Paramus Road	Bergen	NJ	07652	Office	Suburban	1985	2019	279,699	SF	120.13	33,600,000	33,600,000
9	Loan	4, 19, 23	1	111 West 19th Street	New York	NY	10011	Office	CBD	1901	2015	189,731	SF	173.93	33,000,000	33,000,000
10	Loan	16, 18, 28	1	333 South Spruce Street	Kankakee	IL	60950	Industrial	Warehouse/Distribution	1991	NAP	1,546,575	SF	50.92	28,750,000	28,750,000
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	Shelby	TN	38119	Office	Suburban	1986	2001, 2020	356,188	SF	145.99	28,750,000	28,750,000
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	Richmond	NY	10314	Retail	Super Regional Mall	1972	1993, 2018	995,900	SF	200.82	28,500,000	28,500,000
13	Loan	32	1	Highland Hills Apartments	Hinds	MS	39206	Multifamily	Garden	1967	2020-2023	454	Units	59,691.63	27,100,000	27,100,000
14	Loan	3, 20, 32	1	Oak Park Commons	Johnson	KS	66215	Retail	Anchored	1986-1992/2012/2022	NAP	342,137	SF	78.92	27,000,000	27,000,000
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	Bergen	NJ	07652	Retail	Super Regional Mall	1957	1981, 1986, 1993, 1994, 2014, 2017, 2021	2,057,906	SF	255.11	25,000,000	25,000,000
16	Loan	23, 31	1	Whole Foods at Gateway Center	Oakland	MI	48322	Retail	Anchored	1999	NAP	156,735	SF	153.12	24,000,000	24,000,000
17	Loan	19, 23	1	University Shoppes	Miami-Dade	FL	33165	Mixed Use	Office/Retail	1987	NAP	146,765	SF	159.78	23,450,000	23,450,000
18	Loan	6, 7, 19, 30	2	OPI Portfolio	Various	Various	Various	Office	Various	Various	Various	483,084	SF	112.40	23,000,000	23,000,000
18.01	Property		1	1 Primerica Parkway	Gwinnett	GA	30099	Office	Suburban	2013	NAP	344,476	SF		16,426,998	16,426,998
18.02	Property		1	701 Clay Avenue	McLennan	TX	76706	Office	CBD	1997	2021	138,608	SF		6,573,002	6,573,002
19	Loan	1, 16	1	Capitol Crossings Apartments	Albany	NY	12206	Multifamily	Garden	1989	2022	279	Units	73,118.28	20,400,000	20,400,000
20	Loan	2, 23	1	91 Crosby Street	New York	NY	10022	Mixed Use	Multifamily/Retail	1898	2014-2015	8	Units	2,500,000.00	20,000,000	20,000,000
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	Tarrant	TX	Various	Multifamily	Student Housing	2011	2022	397	Beds	48,488.66	19,250,000	19,250,000
21.01	Property		1	Liberty Lofts	Tarrant	TX	76109	Multifamily	Student Housing	2011	2022	165	Beds		10,408,913	10,408,913
21.02	Property		1	Midtown Urban	Tarrant	TX	76013	Multifamily	Student Housing	2011	2022	232	Beds		8,841,087	8,841,087
22	Loan	6	3	Rosenberg Multifamily Portfolio	Various	Various	Various	Multifamily	Various	Various	Various	195	Units	98,717.95	19,250,000	19,250,000
22.01	Property		1	Benjamin Banneker Plaza	Delaware	PA	19013	Multifamily	Mid Rise	1980	NAP	70	Units		12,650,000	12,650,000
22.02	Property		1	Claremont Manor Apartments	Sullivan	NH	03743	Multifamily	Garden	1973	2023	90	Units		4,500,000	4,500,000
22.03	Property		1	Clearview Apartments	Hartford	CT	06112	Multifamily	Garden	1968	NAP	35	Units		2,100,000	2,100,000
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	Various	NY	Various	Multifamily	Various	Various	Various	34	Units	454,411.76	15,450,000	15,450,000
23.01	Property		1	21-23 Catherine Street	New York	NY	10038	Multifamily	Mid Rise	1900	2020	30	Units		12,850,000	12,850,000
23.02	Property		1	26 Park Place	Kings	NY	11217	Multifamily	Low Rise	1888	2020	4	Units		2,600,000	2,600,000
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	Orange	FL	32821	Hospitality	Full Service	1981	2018, 2022	1,042	Rooms	81,573.90	15,000,000	15,000,000
25	Loan	15, 19	1	Riveredge Industrial	New Castle	DE	19720	Industrial	Warehouse/Distribution	1987	1989	243,708	SF	53.96	13,150,000	13,150,000
26	Loan	2	1	Big Horn at Black Mountain	Clark	NV	89012	Multifamily	Garden	1998	NAP	133	Units	97,744.36	13,000,000	13,000,000
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	Montgomery	PA	19004	Various	Various	Various	Various	1,136,771	SF	87.53	11,500,000	11,500,000
27.01	Property		1	Three Bala Plaza	Montgomery	PA	19004	Office	Suburban	1983	2020	390,899	SF		4,750,537	4,750,537
27.02	Property		1	One Bala Plaza	Montgomery	PA	19004	Office	Suburban	1968	2021	386,788	SF		4,528,433	4,528,433
27.03	Property		1	Two Bala Plaza	Montgomery	PA	19004	Mixed Use	Office/Retail	1969	2020	359,084	SF		2,221,030	2,221,030
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	Kings	NY	11213	Multifamily	Mid Rise	2022	NAP	21	Units	440,476.19	9,250,000	9,250,000
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	Baltimore City	MD	21215	Multifamily	Mid Rise	1970	2022	78	Units	116,666.67	9,100,000	9,100,000
30	Loan	15, 19, 23	1	Millstone Towne Center	Cumberland	NC	28306	Retail	Shadow Anchored	2009	NAP	40,537	SF	208.45	8,450,000	8,450,000
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	Bronx	NY	10460	Multifamily	Mid Rise	2023	NAP	25	Units	280,000.00	7,000,000	7,000,000
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	Baltimore	MD	21117	Hospitality	Select Service	2000	2012-2014	123	Rooms	51,219.51	6,300,000	6,300,000
33	Loan	16, 27	1	2136 Bedford Avenue	Kings	NY	11226	Multifamily	Mid Rise	2023	NAP	14	Units	367,857.14	5,150,000	5,150,000
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	New York	NY	10021	Mixed Use	Multifamily/Retail	1910	2022	3	Units	1,400,000.00	4,200,000	4,200,000
35	Loan		1	Pine Grove Apartments	Winnebago	IL	61111	Multifamily	Garden	1967	2022	60	Units	70,000.00	4,200,000	4,200,000
36	Loan	3, 19	1	Sunshine Storage	Plaquemine	LA	70764	Self Storage	Self Storage	2007-2010	NAP	55,075	SF	65.91	3,630,000	3,630,000
37	Loan	19, 20	1	Orchard Grove Shopping Center	Kane	IL	60506	Retail	Shadow Anchored	2003	NAP	14,920	SF	207.77	3,100,000	3,100,000

A-1-2

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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.)
					6, 7		8		9	9	9	9
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	73,960,000	6.60060%	0.016193%	6.58441%	NAP	412,467.22	NAP	4,949,606.64	Interest Only	No	Actual/360	60	58	60	58
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	70,000,000	6.60000%	0.014830%	6.58517%	NAP	390,347.22	NAP	4,684,166.64	Interest Only	No	Actual/360	60	59	60	59
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	60,500,000	7.41000%	0.048580%	7.36142%	NAP	378,776.22	NAP	4,545,314.58	Interest Only	No	Actual/360	60	60	60	60
4	Loan	7, 12, 19	1	Galleria at Tyler	50,000,000	7.91900%	0.016080%	7.90292%	NAP	334,541.09	NAP	4,014,493.08	Interest Only	No	Actual/360	60	59	60	59
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	50,000,000	7.35000%	0.014830%	7.33517%	NAP	310,503.47	NAP	3,726,041.64	Interest Only	No	Actual/360	60	60	60	60
5.01	Property		1	50 East State Street	30,000,000
5.02	Property		1	33 West State Street	20,000,000
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	45,000,000	4.67614%	0.014830%	4.66131%	NAP	177,790.74	NAP	2,133,488.88	Interest Only	No	Actual/360	60	56	60	56
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	43,250,000	6.14000%	0.014830%	6.12517%	NAP	224,369.39	NAP	2,692,432.68	Interest Only	No	Actual/360	60	60	60	60
7.01	Property		1	FedEx Ground- Reading (Aviation), PA	23,990,000
7.02	Property		1	Hy-Vee - Kansas City (64th), MO	7,700,000
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA	5,030,000
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID	2,480,000
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX	710,000
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX	680,000
7.07	Property		1	Dollar General - Flint (Linden Creek), MI	600,000
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH	580,000
7.09	Property		1	Dollar General - Goshen (Kercher), IN	560,000
7.10	Property		1	Dollar General - Saginaw (East), MI	500,000
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX	420,000
8	Loan	3, 12, 20	1	61 S Paramus Road	33,600,000	7.08100%	0.014830%	7.06617%	NAP	201,021.72	NAP	2,412,260.64	Interest Only	No	Actual/360	60	59	60	59
9	Loan	4, 19, 23	1	111 West 19th Street	33,000,000	6.95000%	0.014830%	6.93517%	NAP	193,779.51	NAP	2,325,354.12	Interest Only	No	Actual/360	60	59	60	59
10	Loan	16, 18, 28	1	333 South Spruce Street	28,750,000	6.60000%	0.014830%	6.58517%	NAP	160,321.18	NAP	1,923,854.16	Interest Only	No	Actual/360	60	59	60	59
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	28,750,000	7.51300%	0.033580%	7.47942%	NAP	182,498.94	NAP	2,189,987.28	Interest Only	No	Actual/360	60	56	60	56
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	28,500,000	7.53400%	0.014830%	7.51917%	NAP	181,417.67	NAP	2,177,012.04	Interest Only	No	Actual/360	60	60	60	60
13	Loan	32	1	Highland Hills Apartments	27,100,000	5.59100%	0.014830%	5.57617%	NAP	128,017.08	NAP	1,536,204.90	Interest Only	No	Actual/360	60	59	60	59
14	Loan	3, 20, 32	1	Oak Park Commons	27,000,000	6.77400%	0.014830%	6.75917%	NAP	154,531.88	NAP	1,854,382.56	Interest Only	No	Actual/360	60	59	60	59
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	25,000,000	6.61300%	0.020580%	6.59242%	NAP	139,684.32	NAP	1,676,211.84	Interest Only	No	Actual/360	60	59	60	59
16	Loan	23, 31	1	Whole Foods at Gateway Center	24,000,000	7.70000%	0.014830%	7.68517%	NAP	156,138.89	NAP	1,873,666.68	Interest Only	No	Actual/360	60	59	60	59
17	Loan	19, 23	1	University Shoppes	23,450,000	6.50000%	0.014830%	6.48517%	NAP	128,785.01	NAP	1,545,420.14	Interest Only	No	Actual/360	60	60	60	60
18	Loan	6, 7, 19, 30	2	OPI Portfolio	23,000,000	7.67100%	0.014830%	7.65617%	NAP	149,069.55	NAP	1,788,834.60	Interest Only	No	Actual/360	60	56	60	56
18.01	Property		1	1 Primerica Parkway	16,426,998
18.02	Property		1	701 Clay Avenue	6,573,002
19	Loan	1, 16	1	Capitol Crossings Apartments	20,400,000	7.29500%	0.138580%	7.15642%	NAP	125,737.43	NAP	1,508,849.16	Interest Only	No	Actual/360	60	57	60	57
20	Loan	2, 23	1	91 Crosby Street	20,000,000	6.90000%	0.014830%	6.88517%	NAP	116,597.22	NAP	1,399,166.64	Interest Only	No	Actual/360	60	59	60	59
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	19,250,000	5.30000%	0.014830%	5.28517%	NAP	86,201.68	NAP	1,034,420.16	Interest Only	No	Actual/360	60	60	60	60
21.01	Property		1	Liberty Lofts	10,408,913
21.02	Property		1	Midtown Urban	8,841,087
22	Loan	6	3	Rosenberg Multifamily Portfolio	19,250,000	7.30000%	0.014830%	7.28517%	NAP	118,730.61	NAP	1,424,767.32	Interest Only	No	Actual/360	60	60	60	60
22.01	Property		1	Benjamin Banneker Plaza	12,650,000
22.02	Property		1	Claremont Manor Apartments	4,500,000
22.03	Property		1	Clearview Apartments	2,100,000
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	15,450,000	6.35000%	0.014830%	6.33517%	NAP	82,891.75	NAP	994,701.00	Interest Only	No	Actual/360	60	60	60	60
23.01	Property		1	21-23 Catherine Street	12,850,000
23.02	Property		1	26 Park Place	2,600,000
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	15,000,000	7.75000%	0.014830%	7.73517%	NAP	98,220.49	NAP	1,178,645.88	Interest Only	No	Actual/360	60	58	60	58
25	Loan	15, 19	1	Riveredge Industrial	13,150,000	6.95000%	0.014830%	6.93517%	NAP	77,218.20	NAP	926,618.40	Interest Only	No	Actual/360	60	60	60	60
26	Loan	2	1	Big Horn at Black Mountain	13,000,000	7.12000%	0.014830%	7.10517%	NAP	78,204.63	NAP	938,455.56	Interest Only	No	Actual/360	60	59	60	59
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	11,500,000	8.71000%	0.014830%	8.69517%	NAP	84,630.15	NAP	1,015,561.80	Interest Only	No	Actual/360	60	57	60	57
27.01	Property		1	Three Bala Plaza	4,750,537
27.02	Property		1	One Bala Plaza	4,528,433
27.03	Property		1	Two Bala Plaza	2,221,030
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	9,250,000	6.52000%	0.014830%	6.50517%	NAP	50,956.37	NAP	611,476.39	Interest Only	No	Actual/360	60	60	60	60
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	9,100,000	7.05000%	0.014830%	7.03517%	NAP	54,205.03	NAP	650,460.36	Interest Only	No	Actual/360	60	59	60	59
30	Loan	15, 19, 23	1	Millstone Towne Center	8,450,000	8.03000%	0.014830%	8.01517%	NAP	57,329.92	NAP	687,959.04	Interest Only	No	Actual/360	60	59	60	59
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	7,000,000	7.09000%	0.014830%	7.07517%	NAP	41,932.76	NAP	503,193.06	Interest Only	No	Actual/360	60	58	60	58
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	6,300,000	8.23000%	0.014830%	8.21517%	NAP	43,807.60	NAP	525,691.20	Interest Only	No	Actual/360	60	59	60	59
33	Loan	16, 27	1	2136 Bedford Avenue	5,150,000	6.96800%	0.014830%	6.95317%	NAP	30,319.67	NAP	363,836.06	Interest Only	No	Actual/360	60	60	60	60
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	4,200,000	7.20000%	0.014830%	7.18517%	NAP	25,550.00	NAP	306,600.00	Interest Only	No	Actual/360	60	59	60	59
35	Loan		1	Pine Grove Apartments	4,109,827	8.33000%	0.014830%	8.31517%	31,789.72	29,559.93	381,476.64	354,719.16	Interest Only, Amortizing Balloon	No	Actual/360	24	21	60	57
36	Loan	3, 19	1	Sunshine Storage	3,630,000	7.22300%	0.014830%	7.20817%	NAP	22,153.04	NAP	265,836.48	Interest Only	No	Actual/360	60	59	60	59
37	Loan	19, 20	1	Orchard Grove Shopping Center	3,100,000	6.27000%	0.014830%	6.25517%	NAP	16,422.47	NAP	197,069.64	Interest Only	No	Actual/360	60	59	60	59

A-1-3

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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
														10		12			31	16
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	0	0	12/4/2023	2	6	1/6/2024	NAP	12/6/2028	12/6/2028	5	0	L(26),DorYM1(27),O(7)	129,617,825	44,086,503	85,531,322	9/30/2023
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	0	0	12/20/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	YM1(53),O(7)	18,317,264	5,587,147	12,730,117	10/31/2023
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	0	0	1/10/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),DorYM1(29),O(7)	38,058,114	27,636,179	10,421,934	10/31/2023
4	Loan	7, 12, 19	1	Galleria at Tyler	0	0	12/13/2023	1	1	2/1/2024	NAP	1/1/2029	1/1/2029	0	0	L(25),D(28),O(7)	35,273,885	11,275,921	23,997,964	11/30/2023
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	0	0	1/17/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(29),O(7)	20,327,117	7,050,913	13,276,204	10/31/2023
5.01	Property		1	50 East State Street													12,499,523	4,572,653	7,926,869	10/31/2023
5.02	Property		1	33 West State Street													7,827,594	2,478,260	5,349,334	10/31/2023
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	0	0	9/21/2023	4	8	11/8/2023	NAP	10/8/2028	10/8/2028	0	0	L(28),D(28),O(4)	NAV	NAV	NAV	NAV
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	0	0	1/17/2024	0	1	3/1/2024	NAP	2/1/2029	2/1/2029	5	5	L(24),D(29),O(7)	NAV	NAV	NAV	NAV
7.01	Property		1	FedEx Ground- Reading (Aviation), PA													NAV	NAV	NAV	NAV
7.02	Property		1	Hy-Vee - Kansas City (64th), MO													NAV	NAV	NAV	NAV
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA													NAV	NAV	NAV	NAV
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID													NAV	NAV	NAV	NAV
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX													NAV	NAV	NAV	NAV
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX													NAV	NAV	NAV	NAV
7.07	Property		1	Dollar General - Flint (Linden Creek), MI													NAV	NAV	NAV	NAV
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH													NAV	NAV	NAV	NAV
7.09	Property		1	Dollar General - Goshen (Kercher), IN													NAV	NAV	NAV	NAV
7.10	Property		1	Dollar General - Saginaw (East), MI													NAV	NAV	NAV	NAV
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX													NAV	NAV	NAV	NAV
8	Loan	3, 12, 20	1	61 S Paramus Road	0	0	12/28/2023	1	1	2/1/2024	NAP	1/1/2029	1/1/2029	5	5	L(36),YM1(17),O(7)	9,123,044	3,881,788	5,241,255	9/30/2023
9	Loan	4, 19, 23	1	111 West 19th Street	0	0	12/21/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(32),O(3)	11,174,940	3,475,434	7,699,506	9/30/2023
10	Loan	16, 18, 28	1	333 South Spruce Street	0	0	12/15/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(4),YM1(49),O(7)	NAV	NAV	NAV	NAV
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	0	0	9/22/2023	4	6	11/6/2023	NAP	10/6/2028	10/6/2028	0	0	L(28),D(25),O(7)	8,971,074	3,900,976	5,070,098	8/31/2023
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	0	0	1/18/2024	0	1	3/1/2024	NAP	2/1/2029	2/1/2029	0	0	L(24),D(29),O(7)	62,702,116	26,119,900	36,582,216	10/31/2023
13	Loan	32	1	Highland Hills Apartments	0	0	12/22/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(31),O(4)	4,056,183	1,746,895	2,309,289	10/31/2023
14	Loan	3, 20, 32	1	Oak Park Commons	0	0	12/27/2023	1	1	2/1/2024	NAP	1/1/2029	1/1/2029	5	5	L(25),D(28),O(7)	6,004,401	2,148,666	3,855,735	9/30/2023
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	0	0	12/11/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),DorYM1(28),O(7)	137,298,631	39,504,321	97,794,310	9/30/2023
16	Loan	23, 31	1	Whole Foods at Gateway Center	0	0	12/19/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(32),O(3)	2,908,777	888,085	2,020,692	9/30/2023
17	Loan	19, 23	1	University Shoppes	0	0	1/12/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(32),O(4)	4,740,830	1,042,385	3,698,445	11/30/2023
18	Loan	6, 7, 19, 30	2	OPI Portfolio	0	0	9/13/2023	4	6	11/6/2023	NAP	10/6/2028	10/6/2028	0	0	L(12),YM1(41),O(7)	8,679,945	1,418,696	7,261,249	7/31/2023
18.01	Property		1	1 Primerica Parkway													5,386,829	286,119	5,100,710	7/31/2023
18.02	Property		1	701 Clay Avenue													3,293,116	1,132,577	2,160,539	7/31/2023
19	Loan	1, 16	1	Capitol Crossings Apartments	0	0	10/27/2023	3	6	12/6/2023	NAP	11/6/2028	11/6/2028	0	0	YM1(53),O(7)	2,624,351	1,260,053	1,364,298	8/31/2023
20	Loan	2, 23	1	91 Crosby Street	0	0	12/22/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(31),O(4)	2,213,712	438,657	1,775,055	11/30/2023
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	0	0	1/12/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(29),O(7)	3,981,439	2,292,730	1,688,709	11/30/2023
21.01	Property		1	Liberty Lofts													1,965,672	1,090,322	875,350	11/30/2023
21.02	Property		1	Midtown Urban													2,015,767	1,202,408	813,359	11/30/2023
22	Loan	6	3	Rosenberg Multifamily Portfolio	0	0	1/17/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(32),O(4)	3,393,898	1,160,788	2,233,110	11/30/2023
22.01	Property		1	Benjamin Banneker Plaza													906,885	353,419	553,466	11/30/2023
22.02	Property		1	Claremont Manor Apartments													2,015,014	583,326	1,431,688	11/30/2023
22.03	Property		1	Clearview Apartments													471,999	224,043	247,956	11/30/2023
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	0	0	1/17/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(32),O(4)	1,752,226	394,578	1,357,648	11/30/2023
23.01	Property		1	21-23 Catherine Street													1,526,279	366,445	1,159,834	11/30/2023
23.02	Property		1	26 Park Place													225,947	28,133	197,814	11/30/2023
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	0	0	11/30/2023	2	6	1/6/2024	NAP	12/6/2028	12/6/2028	0	0	L(26),DorYM1(27),O(7)	56,210,937	41,814,367	14,396,570	10/31/2023
25	Loan	15, 19	1	Riveredge Industrial	0	0	1/16/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(29),O(7)	1,848,481	427,290	1,421,191	9/30/2023
26	Loan	2	1	Big Horn at Black Mountain	0	0	12/22/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(31),O(4)	2,095,794	679,329	1,416,465	11/30/2023
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	0	0	11/2/2023	3	6	12/6/2023	NAP	11/6/2028	11/6/2028	0	0	L(5),YM1(48),O(7)	33,125,041	17,632,016	15,493,025	8/31/2023
27.01	Property		1	Three Bala Plaza													12,337,122	6,061,040	6,276,082	8/31/2023
27.02	Property		1	One Bala Plaza													12,019,217	6,134,449	5,884,769	8/31/2023
27.03	Property		1	Two Bala Plaza													8,768,702	5,436,528	3,332,174	8/31/2023
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	0	0	1/17/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(31),O(5)	222,008	24,241	197,767	12/31/2023
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	0	0	12/19/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	5	0	L(11),YM1(45),O(4)	1,230,141	395,501	834,640	11/30/2023
30	Loan	15, 19, 23	1	Millstone Towne Center	0	0	12/21/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(31),O(4)	1,288,837	250,294	1,038,542	8/31/2023
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	0	0	12/4/2023	2	6	1/6/2024	NAP	12/6/2028	12/6/2028	0	0	L(26),D(30),O(4)	200,046	19,658	180,388	10/31/2023
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	0	0	12/21/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(30),O(5)	3,176,126	2,787,625	388,501	10/31/2023
33	Loan	16, 27	1	2136 Bedford Avenue	0	0	1/17/2024	0	6	3/6/2024	NAP	2/6/2029	2/6/2029	0	0	L(24),D(31),O(5)	NAV	NAV	NAV	NAV
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	0	0	12/29/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(11),YM1(45),O(4)	527,970	119,812	408,158	11/30/2023
35	Loan		1	Pine Grove Apartments	360	360	10/20/2023	3	6	12/6/2023	12/6/2025	11/6/2028	11/6/2028	0	0	L(5),YM1(51),O(4)	684,186	176,854	507,332	10/31/2023
36	Loan	3, 19	1	Sunshine Storage	0	0	12/28/2023	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(28),O(7)	668,561	285,278	383,283	10/31/2023
37	Loan	19, 20	1	Orchard Grove Shopping Center	0	0	1/3/2024	1	6	2/6/2024	NAP	1/6/2029	1/6/2029	0	0	L(25),D(28),O(7)	611,783	185,238	426,545	10/31/2023

A-1-4

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Most Recent Description	Second Most Recent EGI ($)	Second Most Recent Expenses ($)	Second Most Recent NOI ($)	Second Most Recent NOI Date	Second Most Recent Description	Third Most Recent EGI ($)	Third Most Recent Expenses ($)	Third Most Recent NOI ($)	Third Most Recent NOI Date	Third Most Recent Description	Underwritten Economic Occupancy (%)	Underwritten EGI ($)	Underwritten Expenses ($)	Underwritten Net Operating Income ($)	Underwritten Replacement / FF&E Reserve ($)
									16					16					31
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	T-12	127,448,218	42,843,235	84,604,983	12/31/2022	T-12	126,677,910	43,141,634	83,536,276	12/31/2021	T-12	92.2%	140,618,916	43,516,369	97,102,547	358,728
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	T-12	16,828,146	4,953,143	11,875,003	12/31/2022	T-12	16,380,798	4,136,012	12,244,786	12/31/2021	T-12	90.8%	20,116,855	5,957,736	14,159,119	169,009
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	T-12	36,581,515	26,686,143	9,895,372	12/31/2022	T-12	29,560,804	22,238,200	7,322,604	12/31/2021	T-12	52.8%	38,108,811	27,746,341	10,362,469	1,524,352
4	Loan	7, 12, 19	1	Galleria at Tyler	T-12	35,459,583	11,035,894	24,423,689	12/31/2022	T-12	30,204,741	10,695,470	19,509,271	12/31/2021	T-12	87.9%	36,420,340	11,434,747	24,985,593	209,388
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	T-12	16,303,864	7,174,141	9,129,723	12/31/2022	T-12	15,798,379	6,802,467	8,995,912	12/31/2021	T-12	94.1%	17,450,074	7,276,016	10,174,057	94,724
5.01	Property		1	50 East State Street	T-12	10,059,084	4,745,118	5,313,967	12/31/2022	T-12	9,709,008	4,503,302	5,205,706	12/31/2021	T-12	91.1%	10,546,413	4,761,315	5,785,098	61,177
5.02	Property		1	33 West State Street	T-12	6,244,779	2,429,023	3,815,757	12/31/2022	T-12	6,089,371	2,299,164	3,790,207	12/31/2021	T-12	99.6%	6,903,660	2,514,702	4,388,959	33,547
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	25,836,537	3,971,583	21,864,954	180,700
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	5,645,822	0	5,645,822	71,647
7.01	Property		1	FedEx Ground- Reading (Aviation), PA	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	2,507,024	0	2,507,024	24,286
7.02	Property		1	Hy-Vee - Kansas City (64th), MO	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	1,167,303	0	1,167,303	11,961
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	780,750	0	780,750	25,433
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	451,250	0	451,250	3,386
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	128,236	0	128,236	0
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	123,975	0	123,975	0
7.07	Property		1	Dollar General - Flint (Linden Creek), MI	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	109,250	0	109,250	643
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	106,247	0	106,247	1,562
7.09	Property		1	Dollar General - Goshen (Kercher), IN	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	102,598	0	102,598	1,188
7.10	Property		1	Dollar General - Saginaw (East), MI	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	91,194	0	91,194	989
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	77,995	0	77,995	2,200
8	Loan	3, 12, 20	1	61 S Paramus Road	T-12	9,030,415	3,629,240	5,401,175	12/31/2022	T-12	8,550,338	3,833,188	4,717,150	12/31/2021	T-12	91.0%	9,061,075	3,947,255	5,113,820	69,925
9	Loan	4, 19, 23	1	111 West 19th Street	T-12	10,828,866	3,235,675	7,593,191	12/31/2022	T-12	10,002,969	3,068,825	6,934,144	12/31/2021	T-12	87.5%	11,268,117	3,822,862	7,445,254	37,946
10	Loan	16, 18, 28	1	333 South Spruce Street	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	9,149,706	274,491	8,875,215	154,658
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	T-12	8,083,455	3,665,097	4,418,358	12/31/2022	T-12	7,104,048	3,419,564	3,684,484	12/31/2021	T-12	88.3%	10,935,948	4,160,455	6,775,493	71,238
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	T-12	64,758,020	31,478,198	33,279,822	12/31/2022	T-12	56,053,376	32,087,459	23,965,918	12/31/2021	T-12	87.5%	63,861,272	30,795,311	33,065,961	199,180
13	Loan	32	1	Highland Hills Apartments	T-12	3,815,855	1,649,407	2,166,448	12/31/2022	T-12	3,655,896	1,626,958	2,028,939	12/31/2021	T-12	80.1%	4,309,406	1,814,909	2,494,497	136,200
14	Loan	3, 20, 32	1	Oak Park Commons	T-12	5,887,170	2,278,634	3,608,536	12/31/2022	T-12	5,925,181	2,409,915	3,515,266	12/31/2021	T-12	84.8%	5,972,303	2,178,174	3,794,129	68,427
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	T-12	134,950,113	38,311,371	96,638,742	12/31/2022	T-12	135,602,310	36,432,590	99,169,720	12/31/2021	T-12	92.1%	144,104,515	38,201,821	105,902,693	245,165
16	Loan	23, 31	1	Whole Foods at Gateway Center	T-12	2,913,143	845,092	2,068,050	12/31/2022	T-12	2,701,060	762,253	1,938,808	12/31/2021	T-12	95.8%	3,387,455	847,358	2,540,097	23,510
17	Loan	19, 23	1	University Shoppes	T-12	3,713,032	915,371	2,797,662	12/31/2022	T-12	3,099,008	821,374	2,277,634	12/31/2021	T-12	95.0%	4,783,359	1,270,690	3,512,669	29,353
18	Loan	6, 7, 19, 30	2	OPI Portfolio	T-12	8,612,280	1,364,269	7,248,011	12/31/2022	T-12	7,893,499	1,216,548	6,676,951	12/31/2021	T-12	99.0%	8,946,010	1,449,578	7,496,432	120,771
18.01	Property		1	1 Primerica Parkway	T-12	5,348,016	295,057	5,052,958	12/31/2022	T-12	5,255,373	293,225	4,962,148	12/31/2021	T-12	99.0%	5,648,558	307,289	5,341,269	86,119
18.02	Property		1	701 Clay Avenue	T-12	3,264,264	1,069,212	2,195,052	12/31/2022	T-12	2,638,126	923,323	1,714,803	12/31/2021	T-12	99.0%	3,297,452	1,142,289	2,155,163	34,652
19	Loan	1, 16	1	Capitol Crossings Apartments	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	93.2%	3,348,157	1,323,810	2,024,346	69,750
20	Loan	2, 23	1	91 Crosby Street	T-12	2,237,824	518,222	1,719,602	12/31/2022	T-12	1,901,639	421,487	1,480,152	12/31/2021	T-12	83.7%	2,268,628	488,417	1,780,211	2,000
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	4,358,248	2,183,310	2,174,939	59,550
21.01	Property		1	Liberty Lofts	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	2,279,354	1,035,274	1,244,080	24,750
21.02	Property		1	Midtown Urban	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	2,078,895	1,148,036	930,859	34,800
22	Loan	6	3	Rosenberg Multifamily Portfolio	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	3,423,663	1,347,937	2,075,726	61,170
22.01	Property		1	Benjamin Banneker Plaza	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	96.3%	946,804	442,867	503,938	21,958
22.02	Property		1	Claremont Manor Apartments	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	96.3%	2,042,553	660,301	1,382,252	28,232
22.03	Property		1	Clearview Apartments	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	87.2%	434,306	244,769	189,536	10,979
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	T-12	1,657,818	387,571	1,270,248	12/31/2022	T-12	1,504,583	449,863	1,054,720	12/31/2021	T-12	94.4%	1,750,778	441,685	1,309,093	12,468
23.01	Property		1	21-23 Catherine Street	T-12	1,452,109	361,387	1,090,722	12/31/2022	T-12	1,316,846	426,401	890,445	12/31/2021	T-12	95.0%	1,487,828	405,788	1,082,040	11,468
23.02	Property		1	26 Park Place	T-12	205,710	26,184	179,526	12/31/2022	T-12	187,737	23,462	164,275	12/31/2021	T-12	91.6%	262,950	35,897	227,053	1,000
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	T-12	51,734,974	39,744,081	11,990,892	12/31/2022	T-12	33,498,506	27,824,649	5,673,856	12/31/2021	T-12	77.0%	56,210,937	41,647,834	14,563,103	2,180,884
25	Loan	15, 19	1	Riveredge Industrial	T-12	1,920,539	453,343	1,467,196	12/31/2022	T-12	1,848,724	473,914	1,374,810	12/31/2021	T-12	95.0%	1,871,225	444,547	1,426,679	24,661
26	Loan	2	1	Big Horn at Black Mountain	T-12	1,945,709	579,237	1,366,472	12/31/2022	T-12	1,427,629	485,369	942,260	12/31/2021	T-12	92.5%	2,148,900	603,990	1,544,910	33,250
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	T-12	31,871,739	17,331,324	14,540,415	12/31/2022	T-12	31,052,511	16,030,922	15,021,589	12/31/2021	T-12	89.8%	33,476,790	17,313,636	16,163,153	282,171
27.01	Property		1	Three Bala Plaza	T-12	11,953,557	5,906,146	6,047,411	12/31/2022	T-12	12,136,638	5,389,004	6,747,633	12/31/2021	T-12	89.2%	12,824,095	5,860,062	6,964,032	97,030
27.02	Property		1	One Bala Plaza	T-12	11,720,682	5,940,161	5,780,521	12/31/2022	T-12	11,114,797	5,473,864	5,640,933	12/31/2021	T-12	90.1%	11,580,475	5,951,865	5,628,610	96,009
27.03	Property		1	Two Bala Plaza	T-12	8,197,499	5,485,016	2,712,483	12/31/2022	T-12	7,801,076	5,168,053	2,633,023	12/31/2021	T-12	90.2%	9,072,220	5,501,709	3,570,511	89,133
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	T-5	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	96.8%	856,134	105,303	750,831	5,250
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	T-12	1,113,008	412,001	701,007	12/31/2022	T-12	964,380	388,688	575,692	12/31/2021	T-12	97.0%	1,329,559	426,926	902,633	15,600
30	Loan	15, 19, 23	1	Millstone Towne Center	T-12 Ann	1,233,563	228,491	1,005,072	12/31/2022	T-12	1,198,772	236,890	961,882	12/31/2021	T-12	88.8%	1,352,056	333,282	1,018,774	8,107
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	T-3	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	96.9%	890,868	97,239	793,629	6,250
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	T-12	3,160,791	2,741,956	418,835	12/31/2022	T-12	3,832,582	2,527,877	1,304,706	12/31/2021	T-12	62.7%	3,176,124	2,186,121	990,004	127,045
33	Loan	16, 27	1	2136 Bedford Avenue	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	97.0%	546,440	55,196	491,243	3,500
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	T-12	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	96.1%	556,037	132,062	423,975	789
35	Loan		1	Pine Grove Apartments	T-12	590,836	152,495	438,341	12/31/2022	T-12	542,580	151,808	390,772	12/31/2021	T-12	97.0%	709,720	213,917	495,803	12,000
36	Loan	3, 19	1	Sunshine Storage	T-12	647,010	272,591	374,418	12/31/2022	T-12	487,717	197,821	289,896	12/31/2021	T-12	89.2%	668,561	271,356	397,205	5,566
37	Loan	19, 20	1	Orchard Grove Shopping Center	T-12	613,655	174,838	438,817	12/31/2022	T-12	568,325	177,771	390,553	12/31/2021	T-12	95.0%	595,851	181,739	414,111	4,327

A-1-5

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Underwritten TI / LC ($)	Underwritten Net Cash Flow ($)	Underwritten NOI DSCR (x)	Underwritten NCF DSCR (x)	Underwritten NOI Debt Yield (%)	Underwritten NCF Debt Yield (%)	Appraised Value ($)	Appraised Value Type	Appraisal Date	Cut-off Date LTV Ratio (%)	LTV Ratio at Maturity / ARD (%)	Leased Occupancy (%)	Occupancy Date	Single Tenant (Y/N)
					15		7, 14	7, 14	7	7	5			5, 7	5, 7	3,4
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	1,793,638	94,950,181	2.04	2.00	13.7%	13.4%	1,800,000,000	As Is	10/5/2023	39.4%	39.4%	95.4%	11/1/2023	No
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	0	13,990,109	2.49	2.46	16.7%	16.5%	208,100,000	As Is	11/10/2023	40.8%	40.8%	92.0%	11/21/2023	No
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	0	8,838,117	2.28	1.94	17.1%	14.6%	108,000,000	As Is	11/29/2023	56.0%	56.0%	54.5%	10/31/2023	NAP
4	Loan	7, 12, 19	1	Galleria at Tyler	1,131,826	23,644,379	2.07	1.96	16.7%	15.8%	300,000,000	As Is	10/12/2023	50.0%	50.0%	90.3%	12/18/2023	No
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	50,330	10,029,003	1.52	1.50	11.3%	11.1%	138,300,000	As Is	11/28/2023	65.1%	65.1%	93.7%	12/12/2023
5.01	Property		1	50 East State Street	44,670	5,679,251					82,800,000	As Is	11/28/2023			90.5%	12/12/2023	No
5.02	Property		1	33 West State Street	5,659	4,349,752					55,500,000	As Is	11/28/2023			99.6%	12/12/2023	No
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	35,111	21,649,143	2.48	2.46	11.8%	11.6%	470,600,000	As Is	6/27/2023	39.5%	39.5%	91.9%	8/3/2023	NAP
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	0	5,574,175	2.10	2.07	13.1%	12.9%	95,175,000	As Is	Various	45.4%	45.4%	100.0%	2/1/2024
7.01	Property		1	FedEx Ground- Reading (Aviation), PA	0	2,482,738					44,000,000	As Is	11/15/2023			100.0%	2/1/2024	Yes
7.02	Property		1	Hy-Vee - Kansas City (64th), MO	0	1,155,342					19,000,000	As Is	11/17/2023			100.0%	2/1/2024	Yes
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA	0	755,317					13,150,000	As Is	11/27/2023			100.0%	2/1/2024	Yes
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID	0	447,864					7,560,000	As Is	11/28/2023			100.0%	2/1/2024	Yes
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX	0	128,236					1,975,000	As Is	11/22/2023			100.0%	2/1/2024	Yes
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX	0	123,975					1,900,000	As Is	11/22/2023			100.0%	2/1/2024	Yes
7.07	Property		1	Dollar General - Flint (Linden Creek), MI	0	108,607					1,700,000	As Is	11/22/2023			100.0%	2/1/2024	Yes
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH	0	104,685					1,650,000	As Is	11/17/2023			100.0%	2/1/2024	Yes
7.09	Property		1	Dollar General - Goshen (Kercher), IN	0	101,410					1,600,000	As Is	11/21/2023			100.0%	2/1/2024	Yes
7.10	Property		1	Dollar General - Saginaw (East), MI	0	90,205					1,425,000	As Is	11/22/2023			100.0%	2/1/2024	Yes
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX	0	75,795					1,215,000	As Is	11/3/2023			100.0%	2/1/2024	Yes
8	Loan	3, 12, 20	1	61 S Paramus Road	349,624	4,694,272	2.12	1.95	15.2%	14.0%	56,700,000	As Is	11/8/2023	59.3%	59.3%	95.3%	12/1/2023	No
9	Loan	4, 19, 23	1	111 West 19th Street	358,908	7,048,400	3.20	3.03	22.6%	21.4%	121,000,000	As Is	11/15/2023	27.3%	27.3%	87.9%	10/1/2023	No
10	Loan	16, 18, 28	1	333 South Spruce Street	0	8,720,558	1.68	1.65	11.3%	11.1%	140,700,000	As Is	10/20/2023	56.0%	56.0%	100.0%	2/6/2024	Yes
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	541,138	6,163,117	1.71	1.56	13.0%	11.9%	81,100,000	Hypothetical As Is	8/3/2023	64.1%	64.1%	87.6%	11/13/2023	No
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	995,900	31,870,881	2.16	2.09	16.5%	15.9%	467,000,000	As Is	8/22/2023	42.8%	42.8%	87.3%	11/30/2023	No
13	Loan	32	1	Highland Hills Apartments	0	2,358,297	1.62	1.54	9.2%	8.7%	42,200,000	As Is	11/29/2023	64.2%	64.2%	94.7%	11/20/2023	NAP
14	Loan	3, 20, 32	1	Oak Park Commons	171,069	3,554,633	2.05	1.92	14.1%	13.2%	41,900,000	As Is	11/10/2023	64.4%	64.4%	87.4%	12/5/2023	No
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	931,746	104,725,782	3.01	2.98	20.2%	19.9%	1,814,000,000	As Is	10/23/2023	28.9%	28.9%	94.9%	9/13/2023	No
16	Loan	23, 31	1	Whole Foods at Gateway Center	50,005	2,466,582	1.36	1.32	10.6%	10.3%	37,290,000	As Is	10/19/2023	64.4%	64.4%	100.0%	11/1/2023	No
17	Loan	19, 23	1	University Shoppes	117,412	3,365,904	2.27	2.18	15.0%	14.4%	49,600,000	As Is	11/27/2023	47.3%	47.3%	100.0%	1/10/2024	No
18	Loan	6, 7, 19, 30	2	OPI Portfolio	0	7,375,661	1.78	1.75	13.8%	13.6%	112,100,000	As Is	Various	48.4%	48.4%	100.0%	2/6/2024
18.01	Property		1	1 Primerica Parkway	0	5,255,150					77,100,000	As Is	7/11/2023			100.0%	2/6/2024	Yes
18.02	Property		1	701 Clay Avenue	0	2,120,511					35,000,000	As Is	7/12/2023			100.0%	2/6/2024	Yes
19	Loan	1, 16	1	Capitol Crossings Apartments	0	1,954,596	1.34	1.30	9.9%	9.6%	37,000,000	As Is	9/13/2023	55.1%	55.1%	96.4%	10/1/2023	NAP
20	Loan	2, 23	1	91 Crosby Street	3,150	1,775,061	1.27	1.27	8.9%	8.9%	33,200,000	As Is	10/5/2023	60.2%	60.2%	100.0%	12/6/2023	No
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	0	2,115,389	2.10	2.04	11.3%	11.0%	37,080,000	As Is	11/15/2023	51.9%	51.9%	97.7%	1/9/2024
21.01	Property		1	Liberty Lofts	0	1,219,330					20,050,000	As Is	11/15/2023			100.0%	1/9/2024	NAP
21.02	Property		1	Midtown Urban	0	896,059					17,030,000	As Is	11/15/2023			96.1%	1/9/2024	NAP
22	Loan	6	3	Rosenberg Multifamily Portfolio	0	2,014,556	1.46	1.41	10.8%	10.5%	30,580,000	As Is	Various	62.9%	62.9%	97.4%	1/1/2024
22.01	Property		1	Benjamin Banneker Plaza	0	481,979					8,900,000	As Is	10/20/2023			100.0%	1/1/2024	NAP
22.02	Property		1	Claremont Manor Apartments	0	1,354,020					18,000,000	As Is	11/3/2023			100.0%	1/1/2024	NAP
22.03	Property		1	Clearview Apartments	0	178,557					3,680,000	As Is	10/30/2023			85.7%	1/1/2024	NAP
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	0	1,296,625	1.32	1.30	8.5%	8.4%	23,000,000	As Is	11/21/2023	67.2%	67.2%	100.0%	12/31/2023
23.01	Property		1	21-23 Catherine Street	0	1,070,572					19,000,000	As Is	11/21/2023			100.0%	12/31/2023	NAP
23.02	Property		1	26 Park Place	0	226,053					4,000,000	As Is	11/21/2023			100.0%	12/31/2023	NAP
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	0	12,382,219	2.18	1.85	17.1%	14.6%	143,000,000	As Is	5/28/2023	59.4%	59.4%	77.0%	10/31/2023	NAP
25	Loan	15, 19	1	Riveredge Industrial	18,533	1,383,485	1.54	1.49	10.8%	10.5%	22,800,000	As Is	12/18/2023	57.7%	57.7%	99.8%	12/1/2023	No
26	Loan	2	1	Big Horn at Black Mountain	0	1,511,660	1.65	1.61	11.9%	11.6%	24,400,000	As Is	6/30/2023	53.3%	53.3%	92.5%	11/30/2023	NAP
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	1,136,329	14,744,653	1.84	1.68	16.2%	14.8%	210,100,000	As Is	7/27/2023	47.4%	47.4%	89.4%	8/30/2023
27.01	Property		1	Three Bala Plaza	458,813	6,408,189					85,500,000	As Is	7/27/2023			87.1%	8/30/2023	No
27.02	Property		1	One Bala Plaza	401,457	5,131,144					81,300,000	As Is	7/27/2023			88.9%	8/30/2023	No
27.03	Property		1	Two Bala Plaza	276,058	3,205,320					43,300,000	As Is	7/27/2023			92.6%	8/30/2023	No
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	0	745,581	1.23	1.22	8.1%	8.1%	14,300,000	As Is	10/17/2023	64.7%	64.7%	90.5%	1/16/2024	NAP
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	0	887,033	1.39	1.36	9.9%	9.7%	12,975,000	As Is	11/28/2023	70.1%	70.1%	97.4%	12/18/2023	NAP
30	Loan	15, 19, 23	1	Millstone Towne Center	13,245	997,422	1.48	1.45	12.1%	11.8%	13,000,000	As Is	11/16/2023	65.0%	65.0%	88.7%	12/19/2023	No
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	0	787,379	1.58	1.56	11.3%	11.2%	11,400,000	As Is	10/26/2023	61.4%	61.4%	96.0%	11/30/2023	NAP
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	0	862,959	1.88	1.64	15.7%	13.7%	12,000,000	As Complete	11/1/2024	52.5%	52.5%	62.7%	10/31/2023	NAP
33	Loan	16, 27	1	2136 Bedford Avenue	0	487,743	1.35	1.34	9.5%	9.5%	8,500,000	As Is	8/31/2023	60.6%	60.6%	100.0%	1/16/2024	NAP
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	1,894	421,291	1.38	1.37	10.1%	10.0%	6,700,000	As Is	11/27/2023	62.7%	62.7%	100.0%	12/4/2023	No
35	Loan		1	Pine Grove Apartments	0	483,803	1.30	1.27	11.8%	11.5%	6,400,000	As Is	9/26/2023	65.6%	64.2%	100.0%	12/1/2023	NAP
36	Loan	3, 19	1	Sunshine Storage	0	391,639	1.49	1.47	10.9%	10.8%	6,010,000	As Is	11/7/2023	60.4%	60.4%	89.2%	11/30/2023	NAP
37	Loan	19, 20	1	Orchard Grove Shopping Center	26,110	383,674	2.10	1.95	13.4%	12.4%	6,270,000	As Is	11/16/2023	49.4%	49.4%	100.0%	11/10/2023	No

A-1-6

BMO 2024-5C3

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Largest Tenant

Largest Tenant SF

Largest Tenant % of NRA

Largest Tenant Lease Expiration Date

Second Largest Tenant

Second Largest Tenant SF

Second Largest Tenant % of NRA

Second Largest Tenant Lease Expiration Date

Third Largest Tenant

4, 21, 22, 23, 28

Loan

1, 3, 4, 7, 12, 23, 30, 31

Tysons Corner Center

Bloomingdale's

252,754

14.1%

7/22/2028

Macy's

237,076

13.2%

7/24/2028

Nordstrom

Loan

5, 7, 12, 31

Elmwood Shopping Center

Home Depot

101,860

12.7%

1/31/2028

Ochsner Fitness

98,832

12.3%

3/31/2033

Hobby Lobby

Loan

1, 2, 8, 12, 17, 19

Margaritaville Lake of the Ozarks

NAP

Loan

7, 12, 19

Galleria at Tyler

AMC

70,000

12.4%

12/31/2028

Barnes & Noble

25,000

4.4%

1/31/2029

H&M

Loan

1, 6, 7, 23

33 West State Street and 50 East State Street

5.01

Property

50 East State Street

State Of NJ Human Services

246,138

80.5%

10/31/2038

TD Bank

6,218

2.0%

6/30/2028

Kicks USA

5.02

Property

33 West State Street

State Of NJ / OMB

163,480

97.5%

10/31/2038

Santander Soverign Bank

3,583

2.1%

6/30/2029

NAP

Loan

2, 7, 13, 16, 19, 26, 30,

Piazza Alta

NAP

Loan

6, 10, 12, 16, 28

ExchangeRight Net Leased Portfolio #66

7.01

Property

FedEx Ground- Reading (Aviation), PA

FedEx Ground

251,028

100.0%

1/31/2033

NAP

7.02

Property

Hy-Vee - Kansas City (64th), MO

Hy-Vee

88,588

100.0%

7/18/2031

NAP

7.03

Property

Stop & Shop - Fall River (Rodman), MA

Stop & Shop

70,950

100.0%

12/31/2038

NAP

7.04

Property

Tractor Supply - Athol (Athol Crossings), ID

Tractor Supply

21,910

100.0%

9/30/2044

NAP

7.05

Property

Dollar Tree - Amarillo (Arden), TX

Dollar Tree

10,052

100.0%

11/30/2033

NAP

7.06

Property

Dollar Tree - Abilene (Industrial), TX

Dollar Tree

10,136

100.0%

11/30/2033

NAP

7.07

Property

Dollar General - Flint (Linden Creek), MI

Dollar General

10,697

100.0%

9/30/2038

NAP

7.08

Property

Family Dollar /Dollar Tree Combo - Dayton (Troy), OH

Family Dollar /Dollar Tree

12,615

100.0%

5/31/2033

NAP

7.09

Property

Dollar General - Goshen (Kercher), IN

Dollar General

10,925

100.0%

9/30/2038

NAP

7.10

Property

Dollar General - Saginaw (East), MI

Dollar General

10,887

100.0%

9/30/2037

NAP

7.11

Property

Dollar General - Del Rio (Cienegas), TX

Dollar General

9,229

100.0%

2/28/2034

NAP

Loan

3, 12, 20

61 S Paramus Road

Morgan Stanley

77,336

27.6%

10/31/2028

UBS

45,016

16.1%

06/30/2026

Decotiis Fitzpatrick Cole & Giblin LLP

Loan

4, 19, 23

111 West 19th Street

RELX Inc.

46,000

24.2%

10/31/2025

Kleinfeld Bridal Corp.

31,231

16.5%

9/30/2037

DineInFresh, Inc.

Loan

16, 18, 28

333 South Spruce Street

Gotion, Inc.

1,546,575

100.0%

11/30/2038

NAP

Loan

5, 7, 12, 15, 19, 23, 31

Crescent Center

Butler Snow LLP

55,581

15.6%

6/30/2035

Simmons Bank

44,081

12.4%

1/31/2038

Benefit Recovery Group, LLC

Loan

1, 7, 12, 24, 27, 30

Staten Island Mall

Primark

73,647

7.4%

6/30/2027

AMC Theatres

54,000

5.4%

2/28/2034

Hobby Lobby

Loan

Highland Hills Apartments

NAP

Loan

3, 20, 32

Oak Park Commons

Hobby Lobby

63,000

18.4%

07/31/2025

Ross Dress for Less

25,000

7.3%

01/31/2030

Petco

Loan

1, 7, 8, 12, 18, 24, 30

Garden State Plaza

Macy's

439,632

21.4%

7/31/2026

Nordstrom

245,348

11.9%

7/31/2026

Neiman Marcus

Loan

23, 31

Whole Foods at Gateway Center

Dunham's

37,391

23.9%

1/31/2025

Whole Foods Market

35,292

22.5%

10/31/2033

Picklerage

Loan

19, 23

University Shoppes

Century Medical Center, LLC

42,440

28.9%

4/30/2031

Access Medical Group

17,532

11.9%

11/22/2032

Walgreens

Loan

6, 7, 19, 30

OPI Portfolio

18.01

Property

1 Primerica Parkway

Primerica Life Insurance Company

344,476

100.0%

12/31/2035

NAP

18.02

Property

701 Clay Avenue

GSA - Veterans Benefits Administration

138,608

100.0%

12/29/2035

NAP

Loan

1, 16

Capitol Crossings Apartments

NAP

Loan

2, 23

91 Crosby Street

Leap Services Inc

1,500

47.6%

5/31/2026

NAP

Loan

3, 6, 16, 18, 28, 31

Bridgeview Student Housing Portfolio

21.01

Property

Liberty Lofts

NAP

21.02

Property

Midtown Urban

NAP

Loan

Rosenberg Multifamily Portfolio

22.01

Property

Benjamin Banneker Plaza

NAP

22.02

Property

Claremont Manor Apartments

NAP

22.03

Property

Clearview Apartments

NAP

Loan

3, 6, 32

Conway Multifamily Portfolio II

23.01

Property

21-23 Catherine Street

NAP

23.02

Property

26 Park Place

NAP

Loan

1, 7, 12, 19

DoubleTree by Hilton Hotel Orlando at SeaWorld

NAP

Loan

15, 19

Riveredge Industrial

Alstom Transportation

98,018

40.2%

3/31/2025

J&L Building Materials

38,400

15.8%

2/29/2032

Unifirst

Loan

Big Horn at Black Mountain

NAP

Loan

2, 6, 7, 12, 13, 20, 23, 32

Bala Plaza Portfolio

27.01

Property

Three Bala Plaza

Tokio Marine North America, Inc.

90,687

23.2%

1/31/2035

Global Indemnity Group, Inc.

40,517

10.4%

12/31/2029

NCS Pearson, Inc.

27.02

Property

One Bala Plaza

Tokio Marine North America, Inc.

205,243

53.1%

1/31/2035

Beasley Media Group, LLC

36,858

9.5%

3/31/2029

Vitalyst, LLC

27.03

Property

Two Bala Plaza

Saks Fifth Avenue LLC

100,500

28.0%

8/31/2027

Massachusetts Mutual Life Insurance Company

24,985

7.0%

6/30/2025

United States Postal Service

Loan

14, 16, 18, 27, 31

35 Kingston Avenue

NAP

Loan

10, 13

Knightsbridge and Sheffield House Apartments

NAP

Loan

15, 19, 23

Millstone Towne Center

Hope Mills Medical Home/US Government

15,721

38.8%

2/7/2032

US Army/Navy Recruiting/US Government

4,216

10.4%

9/29/2025

Rudinos Pizza, Sports & Spirits

Loan

16, 27, 29, 31

785 Fairmount Place

NAP

Loan

5, 19, 30, 31

Hyatt Place Baltimore Owings Mills

NAP

Loan

16, 27

2136 Bedford Avenue

NAP

Loan

2, 13, 16, 30

Lenox Hill Mixed Use

Nippori, Inc. (d/b/a Tabata Noodle)

1,894

100.0%

9/30/2032

NAP

Loan

Pine Grove Apartments

NAP

Loan

3, 19

Sunshine Storage

NAP

Loan

19, 20

Orchard Grove Shopping Center

Panera Bread

4,416

29.6%

8/31/2028

Kinko's / FedEx

3,942

26.4%

2/28/2029

Prime Communications / AT&T

A-1-7

BMO 2024-5C3

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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

4, 21, 22, 23, 28

Loan

1, 3, 4, 7, 12, 23, 30, 31

Tysons Corner Center

201,000

11.2%

3/31/2025

AMC Theatres

105,122

5.9%

9/30/2025

Primark

50,186

2.8%

5/31/2034

Loan

5, 7, 12, 31

Elmwood Shopping Center

43,222

5.4%

7/31/2029

Marshall's

36,380

4.5%

10/31/2027

Ashley Furniture

36,000

4.5%

6/30/2025

Loan

1, 2, 8, 12, 17, 19

Margaritaville Lake of the Ozarks

NAP

Loan

7, 12, 19

Galleria at Tyler

20,799

3.7%

1/31/2032

Glo Mini Golf

14,961

2.6%

5/31/2028

Old Navy

14,504

2.6%

6/30/2029

Loan

1, 6, 7, 23

33 West State Street and 50 East State Street

5.01

Property

50 East State Street

6,161

2.0%

12/31/2025

USA Vein Clinics of New Jersey LLC

4,087

1.3%

1/31/2033

Metro PCS of Pennsylvania, LLC

3,110

1.0%

7/31/2026

5.02

Property

33 West State Street

NAP

Loan

2, 7, 13, 16, 19, 26, 30,

Piazza Alta

NAP

Loan

6, 10, 12, 16, 28

ExchangeRight Net Leased Portfolio #66

7.01

Property

FedEx Ground- Reading (Aviation), PA

NAP

7.02

Property

Hy-Vee - Kansas City (64th), MO

NAP

7.03

Property

Stop & Shop - Fall River (Rodman), MA

NAP

7.04

Property

Tractor Supply - Athol (Athol Crossings), ID

NAP

7.05

Property

Dollar Tree - Amarillo (Arden), TX

NAP

7.06

Property

Dollar Tree - Abilene (Industrial), TX

NAP

7.07

Property

Dollar General - Flint (Linden Creek), MI

NAP

7.08

Property

Family Dollar /Dollar Tree Combo - Dayton (Troy), OH

NAP

7.09

Property

Dollar General - Goshen (Kercher), IN

NAP

7.10

Property

Dollar General - Saginaw (East), MI

NAP

7.11

Property

Dollar General - Del Rio (Cienegas), TX

NAP

Loan

3, 12, 20

61 S Paramus Road

42,481

15.2%

12/31/2030

Lincoln National

15,638

5.6%

06/30/2027

Frieslandcampina Ingredients

15,320

5.5%

12/31/2025

Loan

4, 19, 23

111 West 19th Street

23,000

12.1%

10/31/2027

The Barbarian Group, LLC

23,000

12.1%

6/30/2024

NFE Management LLC

23,000

12.1%

10/31/2024

Loan

16, 18, 28

333 South Spruce Street

NAP

Loan

5, 7, 12, 15, 19, 23, 31

Crescent Center

19,864

5.6%

1/31/2034

Diversified Trust Company

17,579

4.9%

4/30/2033

Wells Fargo Clearing Services

15,637

4.4%

4/30/2028

Loan

1, 7, 12, 24, 27, 30

Staten Island Mall

42,768

4.3%

5/31/2033

Dave & Buster's

41,241

4.1%

1/31/2033

Lidl

37,403

3.8%

1/31/2039

Loan

Highland Hills Apartments

NAP

Loan

3, 20, 32

Oak Park Commons

22,000

6.4%

03/31/2024

K&G Men's Company, Inc

20,010

5.8%

02/29/2028

Northern Tool & Equipment

17,018

5.0%

08/31/2025

Loan

1, 7, 8, 12, 18, 24, 30

Garden State Plaza

141,139

6.9%

8/31/2041

AMC

95,818

4.7%

5/31/2027

Forever 21

38,218

1.9%

4/30/2025

Loan

23, 31

Whole Foods at Gateway Center

26,797

17.1%

4/30/2034

Henry Ford Optimeyes

20,214

12.9%

10/31/2031

Schuler Books

18,818

12.0%

2/28/2033

Loan

19, 23

University Shoppes

15,772

10.7%

11/30/2040

Cano (University) Health

14,688

10.0%

3/31/2024

South Florida Health (YouFit)

11,472

7.8%

1/31/2029

Loan

6, 7, 19, 30

OPI Portfolio

18.01

Property

1 Primerica Parkway

NAP

18.02

Property

701 Clay Avenue

NAP

Loan

1, 16

Capitol Crossings Apartments

NAP

Loan

2, 23

91 Crosby Street

NAP

Loan

3, 6, 16, 18, 28, 31

Bridgeview Student Housing Portfolio

21.01

Property

Liberty Lofts

NAP

21.02

Property

Midtown Urban

NAP

Loan

Rosenberg Multifamily Portfolio

22.01

Property

Benjamin Banneker Plaza

NAP

22.02

Property

Claremont Manor Apartments

NAP

22.03

Property

Clearview Apartments

NAP

Loan

3, 6, 32

Conway Multifamily Portfolio II

23.01

Property

21-23 Catherine Street

NAP

23.02

Property

26 Park Place

NAP

Loan

1, 7, 12, 19

DoubleTree by Hilton Hotel Orlando at SeaWorld

NAP

Loan

15, 19

Riveredge Industrial

23,013

9.4%

12/31/2024

Green Recovery Technologies

22,282

9.1%

6/30/2029

Piffert Inc.

17,402

7.1%

11/30/2026

Loan

Big Horn at Black Mountain

NAP

Loan

2, 6, 7, 12, 13, 20, 23, 32

Bala Plaza Portfolio

27.01

Property

Three Bala Plaza

37,395

9.6%

7/31/2026

Investedge, Inc.

28,563

7.3%

5/31/2026

Harmelin Media, Inc.

23,810

6.1%

6/30/2024

27.02

Property

One Bala Plaza

26,530

6.9%

12/31/2025

Chas, Kurz & Co., Inc

15,046

3.9%

4/30/2030

Savran Benson LLP

6,778

1.8%

1/31/2029

27.03

Property

Two Bala Plaza

20,479

5.7%

4/30/2026

iHeartmedia + Entertainment, Inc

15,097

4.2%

1/31/2030

Merrill Lynch, Pierce, Fenner & Smith, Incorporated

14,319

4.0%

9/21/2028

Loan

14, 16, 18, 27, 31

35 Kingston Avenue

NAP

Loan

10, 13

Knightsbridge and Sheffield House Apartments

NAP

Loan

15, 19, 23

Millstone Towne Center

2,800

6.9%

10/31/2026

Fitness NC

2,800

6.9%

9/30/2027

Forum Nail

1,400

3.5%

11/30/2032

Loan

16, 27, 29, 31

785 Fairmount Place

NAP

Loan

5, 19, 30, 31

Hyatt Place Baltimore Owings Mills

NAP

Loan

16, 27

2136 Bedford Avenue

NAP

Loan

2, 13, 16, 30

Lenox Hill Mixed Use

NAP

Loan

Pine Grove Apartments

NAP

Loan

3, 19

Sunshine Storage

NAP

Loan

19, 20

Orchard Grove Shopping Center

2,437

16.3%

1/31/2026

Pizza Hut

1,608

10.8%

4/30/2030

Night Market Asian Cuisine & Lounge

1,400

9.4%

8/31/2026

A-1-8

BMO 2024-5C3

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 ($)

Loan

1, 3, 4, 7, 12, 23, 30, 31

Tysons Corner Center

8/2/2023

NAP

8/7/2023

NAP

Fee/Leasehold

8/31/2035

1,565,412

Springing

Loan

5, 7, 12, 31

Elmwood Shopping Center

11/29/2023

NAP

11/29/2023

NAP

Yes - AE

Fee

NAP

164,331

Loan

1, 2, 8, 12, 17, 19

Margaritaville Lake of the Ozarks

12/7/2023

NAP

12/5/2023

NAP

Fee/Leasehold

8/11/2076

Two, 99-year options

83,872

27,957

Loan

7, 12, 19

Galleria at Tyler

10/12/2023

NAP

10/12/2023

14%

Fee

NAP

Springing

Loan

1, 6, 7, 23

33 West State Street and 50 East State Street

267,288

5.01

Property

50 East State Street

12/5/2023

NAP

12/4/2023

NAP

Fee

NAP

5.02

Property

33 West State Street

12/5/2023

NAP

12/4/2023

NAP

Fee

NAP

Loan

2, 7, 13, 16, 19, 26, 30,

Piazza Alta

6/21/2023

NAP

6/20/2023

NAP

Fee

NAP

260,924

19,042

Loan

6, 10, 12, 16, 28

ExchangeRight Net Leased Portfolio #66

24,124

12,062

7.01

Property

FedEx Ground- Reading (Aviation), PA

10/2/2023

NAP

10/2/2023

NAP

Fee

NAP

7.02

Property

Hy-Vee - Kansas City (64th), MO

1/8/2024

NAP

11/30/2023

NAP

Fee

NAP

7.03

Property

Stop & Shop - Fall River (Rodman), MA

11/29/2023

NAP

11/27/2023

NAP

Fee

NAP

7.04

Property

Tractor Supply - Athol (Athol Crossings), ID

10/30/2023

NAP

10/30/2023

NAP

Fee

NAP

7.05

Property

Dollar Tree - Amarillo (Arden), TX

11/21/2023

NAP

12/5/2023

NAP

Fee

NAP

7.06

Property

Dollar Tree - Abilene (Industrial), TX

11/21/2023

NAP

12/6/2023

NAP

Fee

NAP

7.07

Property

Dollar General - Flint (Linden Creek), MI

11/15/2023

NAP

11/15/2023

NAP

Fee

NAP

7.08

Property

Family Dollar /Dollar Tree Combo - Dayton (Troy), OH

10/19/2023

NAP

10/19/2023

NAP

Fee

NAP

7.09

Property

Dollar General - Goshen (Kercher), IN

11/14/2023

NAP

11/14/2023

NAP

Fee

NAP

7.10

Property

Dollar General - Saginaw (East), MI

11/15/2023

NAP

11/15/2023

NAP

Yes - AE

Fee

NAP

7.11

Property

Dollar General - Del Rio (Cienegas), TX

11/1/2023

NAP

10/16/2023

NAP

Fee

NAP

Loan

3, 12, 20

61 S Paramus Road

11/21/2023

NAP

11/15/2023

NAP

Leasehold

12/31/2116

None

375,000

Yes

187,501

62,500

Loan

4, 19, 23

111 West 19th Street

11/21/2023

NAP

11/21/2023

NAP

Fee

NAP

360,289

180,144

Loan

16, 18, 28

333 South Spruce Street

8/8/2023

NAP

8/4/2023

NAP

Fee

NAP

425,726

85,145

Loan

5, 7, 12, 15, 19, 23, 31

Crescent Center

8/17/2023

NAP

8/17/2023

14%

Fee

NAP

530,919

132,730

Loan

1, 7, 12, 24, 27, 30

Staten Island Mall

9/5/2023

NAP

9/5/2023

NAP

Fee

NAP

Springing

Loan

Highland Hills Apartments

11/29/2023

NAP

11/29/2023

NAP

Fee

NAP

15,324

Loan

3, 20, 32

Oak Park Commons

10/25/2023

NAP

11/20/2023

NAP

Fee/Leasehold

12/31/2103

None

336,853

88,159

Loan

1, 7, 8, 12, 18, 24, 30

Garden State Plaza

12/1/2023

NAP

10/31/2023

NAP

Yes - AE

Fee

NAP

Springing

Loan

23, 31

Whole Foods at Gateway Center

11/13/2023

NAP

11/13/2023

NAP

Fee

NAP

80,707

40,353

Loan

19, 23

University Shoppes

12/4/2023

NAP

12/4/2023

NAP

Fee

NAP

102,706

25,677

Loan

6, 7, 19, 30

OPI Portfolio

Springing

18.01

Property

1 Primerica Parkway

7/14/2023

NAP

5/16/2023

NAP

Fee

NAP

18.02

Property

701 Clay Avenue

7/14/2023

NAP

5/16/2023

NAP

Yes - AE

Fee

NAP

Loan

1, 16

Capitol Crossings Apartments

4/14/2023

NAP

4/14/2023

NAP

Fee

NAP

125,766

31,441

Loan

2, 23

91 Crosby Street

10/13/2023

NAP

10/13/2023

NAP

Fee

NAP

43,585

21,792

Loan

3, 6, 16, 18, 28, 31

Bridgeview Student Housing Portfolio

119,971

59,986

21.01

Property

Liberty Lofts

11/27/2023

NAP

11/27/2023

NAP

Fee

NAP

21.02

Property

Midtown Urban

11/27/2023

NAP

11/27/2023

NAP

Fee

NAP

Loan

Rosenberg Multifamily Portfolio

68,811

22,937

22.01

Property

Benjamin Banneker Plaza

10/27/2023

NAP

10/27/2023

NAP

Fee

NAP

22.02

Property

Claremont Manor Apartments

10/27/2023

NAP

10/26/2023

NAP

Fee

NAP

22.03

Property

Clearview Apartments

10/30/2023

NAP

10/26/2023

NAP

Fee

NAP

Loan

3, 6, 32

Conway Multifamily Portfolio II

61,743

23,747

23.01

Property

21-23 Catherine Street

11/30/2023

NAP

11/30/2023

NAP

Fee

NAP

23.02

Property

26 Park Place

11/30/2023

NAP

11/30/2023

NAP

Fee

NAP

Loan

1, 7, 12, 19

DoubleTree by Hilton Hotel Orlando at SeaWorld

6/22/2023

NAP

11/10/2023

NAP

Fee

NAP

207,641

103,820

Loan

15, 19

Riveredge Industrial

1/3/2024

NAP

1/2/2024

NAP

Fee

NAP

85,759

12,252

Loan

Big Horn at Black Mountain

7/25/2023

NAP

7/27/2023

NAP

Fee

NAP

26,228

8,743

Loan

2, 6, 7, 12, 13, 20, 23, 32

Bala Plaza Portfolio

346,446

27.01

Property

Three Bala Plaza

8/3/2023

NAP

8/3/2023

NAP

Fee

NAP

27.02

Property

One Bala Plaza

8/3/2023

NAP

8/3/2023

NAP

Fee

NAP

27.03

Property

Two Bala Plaza

8/3/2023

NAP

8/3/2023

NAP

Fee

NAP

Loan

14, 16, 18, 27, 31

35 Kingston Avenue

10/25/2023

NAP

10/25/2023

NAP

Fee

NAP

11,264

5,632

Loan

10, 13

Knightsbridge and Sheffield House Apartments

12/1/2023

NAP

12/1/2023

NAP

Fee

NAP

12,457

11,864

Loan

15, 19, 23

Millstone Towne Center

11/28/2023

NAP

11/27/2023

NAP

Fee

NAP

34,008

5,668

Loan

16, 27, 29, 31

785 Fairmount Place

10/31/2023

NAP

10/31/2023

NAP

Fee

NAP

117

Loan

5, 19, 30, 31

Hyatt Place Baltimore Owings Mills

10/17/2023

NAP

10/17/2023

NAP

Fee

NAP

22,929

11,464

Loan

16, 27

2136 Bedford Avenue

9/8/2023

NAP

9/8/2023

NAP

Fee

NAP

782

391

Loan

2, 13, 16, 30

Lenox Hill Mixed Use

12/7/2023

NAP

12/7/2023

NAP

Fee

NAP

18,385

8,755

Loan

Pine Grove Apartments

10/5/2023

NAP

10/13/2023

NAP

Fee

NAP

13,474

6,416

Loan

3, 19

Sunshine Storage

11/16/2023

NAP

11/16/2023

NAP

Fee

NAP

4,884

1,879

Loan

19, 20

Orchard Grove Shopping Center

11/20/2023

NAP

11/22/2023

NAP

Fee

NAP

Springing

A-1-9

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Upfront Insurance Reserve ($)	Monthly Insurance Reserve ($)	Upfront Replacement / PIP Reserve ($)	Monthly Replacement / FF&E Reserve ($)
					18	19	18	19
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	0	Springing	0	Springing
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	0	Springing	0	14,084
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	0	Springing	0	127,029
4	Loan	7, 12, 19	1	Galleria at Tyler	0	Springing	0	Springing
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	78,813	15,763	0	7,894
5.01	Property		1	50 East State Street
5.02	Property		1	33 West State Street
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	144,517	Springing	0	Springing
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	0	Springing	0	Springing
7.01	Property		1	FedEx Ground- Reading (Aviation), PA
7.02	Property		1	Hy-Vee - Kansas City (64th), MO
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX
7.07	Property		1	Dollar General - Flint (Linden Creek), MI
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH
7.09	Property		1	Dollar General - Goshen (Kercher), IN
7.10	Property		1	Dollar General - Saginaw (East), MI
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX
8	Loan	3, 12, 20	1	61 S Paramus Road	0	Springing	540,000	5,827
9	Loan	4, 19, 23	1	111 West 19th Street	0	Springing	0	3,162
10	Loan	16, 18, 28	1	333 South Spruce Street	217,592	217,592	950,000	12,888
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	92,115	9,211	0	5,936
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	0	Springing	0	Springing
13	Loan	32	1	Highland Hills Apartments	183,020	31,242	0	11,350
14	Loan	3, 20, 32	1	Oak Park Commons	0	Springing	1,282,469	5,702
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	0	Springing	0	Springing
16	Loan	23, 31	1	Whole Foods at Gateway Center	35,345	5,049	0	1,959
17	Loan	19, 23	1	University Shoppes	349,193	34,919	0	2,446
18	Loan	6, 7, 19, 30	2	OPI Portfolio	791	Springing	0	Springing
18.01	Property		1	1 Primerica Parkway
18.02	Property		1	701 Clay Avenue
19	Loan	1, 16	1	Capitol Crossings Apartments	77,454	7,745	17,438	5,813
20	Loan	2, 23	1	91 Crosby Street	14,438	4,813	0	167
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	0	Springing	0	4,963
21.01	Property		1	Liberty Lofts
21.02	Property		1	Midtown Urban
22	Loan	6	3	Rosenberg Multifamily Portfolio	80,294	10,037	204,750	Springing
22.01	Property		1	Benjamin Banneker Plaza
22.02	Property		1	Claremont Manor Apartments
22.03	Property		1	Clearview Apartments
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	43,081	3,811	0	344
23.01	Property		1	21-23 Catherine Street
23.02	Property		1	26 Park Place
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	484,118	Springing	0	Greater of (i) 4% of the gross revenues from the operations for the calendar month 2 months prior to such Payment Date and (ii) the amount required pursuant to the terms of any Franchise Agreement
25	Loan	15, 19	1	Riveredge Industrial	0	Springing	126,855	2,031
26	Loan	2	1	Big Horn at Black Mountain	21,407	2,141	0	2,771
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	56,824	28,412	0	23,514
27.01	Property		1	Three Bala Plaza
27.02	Property		1	One Bala Plaza
27.03	Property		1	Two Bala Plaza
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	1,968	984	0	438
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	20,914	3,486	0	1,300
30	Loan	15, 19, 23	1	Millstone Towne Center	0	Springing	101,966	676
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	12,762	1,595	0	521
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	14,808	7,404	0	Springing
33	Loan	16, 27	1	2136 Bedford Avenue	5,059	625	0	292
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	3,086	735	0	66
35	Loan		1	Pine Grove Apartments	26,071	2,759	0	1,000
36	Loan	3, 19	1	Sunshine Storage	14,390	5,535	0	464
37	Loan	19, 20	1	Orchard Grove Shopping Center	3,508	1,169	0	361

A-1-10

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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 ($)	Monthly Other Reserve ($)
					20	18	19	20	18	19	20	18	18	19
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	896,819	0	Springing	3,587,276	0	0	0	0	39,775,125	0
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	0	5,800,000	Springing	2,500,000	0	0	0	2,000,549	2,262,243	0
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	0	0	0	0	0	0	0	0	0	Springing
4	Loan	7, 12, 19	1	Galleria at Tyler	0	0	Springing	0	0	0	0	0	9,924,378	0
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	0	20,000,000	0	0	0	0	0	0	0	0
5.01	Property		1	50 East State Street
5.02	Property		1	33 West State Street
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	0	11,304,598	Springing	0	0	0	0	0	1,911,036	3,250
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	0	500,000	Springing	0	0	0	0	32,775	118,750	0
7.01	Property		1	FedEx Ground- Reading (Aviation), PA
7.02	Property		1	Hy-Vee - Kansas City (64th), MO
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX
7.07	Property		1	Dollar General - Flint (Linden Creek), MI
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH
7.09	Property		1	Dollar General - Goshen (Kercher), IN
7.10	Property		1	Dollar General - Saginaw (East), MI
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX
8	Loan	3, 12, 20	1	61 S Paramus Road	0	5,000,000	Springing	5,000,000	0	0	0	27,500	1,313,963	0
9	Loan	4, 19, 23	1	111 West 19th Street	0	3,000,000	Springing	3,000,000	0	0	0	22,500	3,384,905	0
10	Loan	16, 18, 28	1	333 South Spruce Street	0	0	Springing	0	0	0	0	40,625	9,356,000	0
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	0	500,000	53,428	0	0	0	0	0	1,308,459	Springing
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	497,950	4,580,787	Springing	1,991,800	0	0	0	0	403,197	Springing
13	Loan	32	1	Highland Hills Apartments	0	0	0	0	0	0	0	100,000	0	0
14	Loan	3, 20, 32	1	Oak Park Commons	0	1,282,898	9,672	400,000	0	Springing	513,206	92,531	511,344	25,000
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	367,747	0	Springing	1,838,735	0	0	0	0	0	0
16	Loan	23, 31	1	Whole Foods at Gateway Center	0	500,000	13,061	750,000	0	0	0	0	571,744	Springing
17	Loan	19, 23	1	University Shoppes	0	200,000	15,288	400,000	0	0	0	12,500	3,800,000	Springing
18	Loan	6, 7, 19, 30	2	OPI Portfolio	0	0	Springing	2,173,883	0	0	0	11,550	11,674,256	Springing
18.01	Property		1	1 Primerica Parkway
18.02	Property		1	701 Clay Avenue
19	Loan	1, 16	1	Capitol Crossings Apartments	0	0	0	0	0	0	0	82,813	0	0
20	Loan	2, 23	1	91 Crosby Street	0	0	263	0	0	0	0	10,175	28,840	0
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	0	0	0	0	0	0	0	0	1,089,000	Springing
21.01	Property		1	Liberty Lofts
21.02	Property		1	Midtown Urban
22	Loan	6	3	Rosenberg Multifamily Portfolio	0	0	0	0	0	0	0	69,616	0	Springing
22.01	Property		1	Benjamin Banneker Plaza
22.02	Property		1	Claremont Manor Apartments
22.03	Property		1	Clearview Apartments
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	0	0	288	0	0	0	0	105,088	0	0
23.01	Property		1	21-23 Catherine Street
23.02	Property		1	26 Park Place
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	0	0	0	0	0	0	0	0	81,403	81,403
25	Loan	15, 19	1	Riveredge Industrial	0	375,000	Springing	375,000	0	0	0	0	0	0
26	Loan	2	1	Big Horn at Black Mountain	0	0	0	0	0	0	0	0	99,751	Springing
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	846,514	5,000,000	Springing	2,000,000	0	0	0	0	3,708,965	0
27.01	Property		1	Three Bala Plaza
27.02	Property		1	One Bala Plaza
27.03	Property		1	Two Bala Plaza
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	0	0	0	0	0	0	0	0	800,000	0
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	0	0	0	0	0	0	0	65,880	0	0
30	Loan	15, 19, 23	1	Millstone Towne Center	0	185,000	Springing	185,000	0	0	0	0	0	0
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	0	0	0	0	132,153	0	0	5,000	0	0
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	0	0	0	0	0	0	0	0	3,509,601	0
33	Loan	16, 27	1	2136 Bedford Avenue	0	0	0	0	93,636	0	0	6,875	200,000	0
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	0	0	0	0	0	0	0	0	0	0
35	Loan		1	Pine Grove Apartments	0	0	0	0	0	0	0	36,779	6,000	0
36	Loan	3, 19	1	Sunshine Storage	0	0	0	0	0	0	0		0	0
37	Loan	19, 20	1	Orchard Grove Shopping Center	0	0	2,176	100,000	0	0	0	23,563	0	0

A-1-11

BMO 2024-5C3

Annex A-1

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

1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	Outstanding TI/LC (Upfront: $30,769,199); Gap Rent Reserve (Upfront: $9,005,926)
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	Unfunded Obligations Reserve
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	Seasonality Reserve
4	Loan	7, 12, 19	1	Galleria at Tyler	General Reserve ($5,000,000), Outstanding Landlord Obligations ($4,687,691.09), Gap Rent Reserve ($236,687)
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street
5.01	Property		1	50 East State Street
5.02	Property		1	33 West State Street
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	Residential Concession Reserve, Free Rent Reserve and Common Charges Reserve
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	Unfunded Obligations Reserve
7.01	Property		1	FedEx Ground- Reading (Aviation), PA
7.02	Property		1	Hy-Vee - Kansas City (64th), MO
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX
7.07	Property		1	Dollar General - Flint (Linden Creek), MI
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH
7.09	Property		1	Dollar General - Goshen (Kercher), IN
7.10	Property		1	Dollar General - Saginaw (East), MI
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX
8	Loan	3, 12, 20	1	61 S Paramus Road	Unfunded Obligation Reserve ($1,282,713.36), Ground Lease Reserve ($31,250)
9	Loan	4, 19, 23	1	111 West 19th Street	Building Improvements Reserve
10	Loan	16, 18, 28	1	333 South Spruce Street	Security Deposit Reserve
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	BRG Free Rent Reserve (Upfront: $162,500), Simmons Bank Free Rent Reserve (Upfront: $917,040, Monthly: Springing), Outstanding TI/LC Reserve (Upfront: $228,919)
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	Gap Rent Reserve (Upfront: 403,197), Anchor Tenant Reserve Funds (Monthly: Springing)
13	Loan	32	1	Highland Hills Apartments
14	Loan	3, 20, 32	1	Oak Park Commons	Anchor Tenant Rollover Reserve (Upfront: $250,000, Monthly: $25,000), Free Rent Reserve (Upfront: $261,344.48)
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	NAP
16	Loan	23, 31	1	Whole Foods at Gateway Center	Unfunded Obligations Reserve (Upfront: $571,744.47), Condominium Assessments Reserve (Monthly: Springing)
17	Loan	19, 23	1	University Shoppes	Tenant Reserve (Upfront: $3,800,000); Major Tenant Reserve (Monthly: Springing)
18	Loan	6, 7, 19, 30	2	OPI Portfolio	Primerica TATILC Reserve (Upfront: $10,678,756), Rent Concession Reserve (Upfront: $872,849.70), Primerica Work Reserve (Upfront: $122,650), Material Tenant Funds Reserve (Monthly: Springing)
18.01	Property		1	1 Primerica Parkway
18.02	Property		1	701 Clay Avenue
19	Loan	1, 16	1	Capitol Crossings Apartments
20	Loan	2, 23	1	91 Crosby Street	Free Rent Reserve
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	Rent Replication Funds (Upfront: $1,089,000, Ongoing: Springing), Low DSCR Cure Deposit Account (Ongoing: Springing)
21.01	Property		1	Liberty Lofts
21.02	Property		1	Midtown Urban
22	Loan	6	3	Rosenberg Multifamily Portfolio	Common Charges Reserve
22.01	Property		1	Benjamin Banneker Plaza
22.02	Property		1	Claremont Manor Apartments
22.03	Property		1	Clearview Apartments
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	NAP
23.01	Property		1	21-23 Catherine Street
23.02	Property		1	26 Park Place
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	Seasonality Reserve
25	Loan	15, 19	1	Riveredge Industrial
26	Loan	2	1	Big Horn at Black Mountain	Common Charges Reserve
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	Garage Repair Reserve ($2,300,000), Unfunded Obligations Reserve ($1,179,363.26), Free Rent Reserve ($229,601.42)
27.01	Property		1	Three Bala Plaza
27.02	Property		1	One Bala Plaza
27.03	Property		1	Two Bala Plaza
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	CityFHEPS Reserve
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments
30	Loan	15, 19, 23	1	Millstone Towne Center
31	Loan	16, 27, 29, 31	1	785 Fairmount Place
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	PIP Reserve (Upfront: $3,488,101), Seasonality Reserve (Upfront: $21,500)
33	Loan	16, 27	1	2136 Bedford Avenue	421-a Reserve
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use
35	Loan		1	Pine Grove Apartments	Radon Testing Reserve
36	Loan	3, 19	1	Sunshine Storage	NAP
37	Loan	19, 20	1	Orchard Grove Shopping Center

A-1-12

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Other Reserve Cap ($)	Holdback/ Earnout Amount ($)	Holdback/ Earnout Description	Lockbox Type	Cash Management	Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)
					20			26	26
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	0	NAP	NAP	Hard	Springing	Yes
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	0	NAP	NAP	Hard	Springing	Yes
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	3,000,000	NAP	NAP	Soft	Springing	Yes
4	Loan	7, 12, 19	1	Galleria at Tyler	0	NAP	NAP	Hard	Springing	Yes
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	0	NAP	NAP	Hard	In Place	No
5.01	Property		1	50 East State Street
5.02	Property		1	33 West State Street
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	0	NAP	NAP	Soft (Residential); Hard (Commercial)	In Place	Yes
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	0	NAP	NAP	Hard	Springing	Yes
7.01	Property		1	FedEx Ground- Reading (Aviation), PA
7.02	Property		1	Hy-Vee - Kansas City (64th), MO
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX
7.07	Property		1	Dollar General - Flint (Linden Creek), MI
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH
7.09	Property		1	Dollar General - Goshen (Kercher), IN
7.10	Property		1	Dollar General - Saginaw (East), MI
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX
8	Loan	3, 12, 20	1	61 S Paramus Road	0	NAP	NAP	Springing	Springing	Yes
9	Loan	4, 19, 23	1	111 West 19th Street	0	NAP	NAP	Hard	Springing	Yes
10	Loan	16, 18, 28	1	333 South Spruce Street	0	NAP	NAP	Hard	Springing	Yes
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	0	NAP	NAP	Hard	Springing	Yes
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	0	NAP	NAP	Hard	Springing	Yes
13	Loan	32	1	Highland Hills Apartments	0	NAP	NAP	Soft	Springing	Yes
14	Loan	3, 20, 32	1	Oak Park Commons	Anchor Tenant Rollover Reserve ($600,000)	NAP	NAP	Springing	Springing	No
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	0	NAP	NAP	Hard	Springing	Yes
16	Loan	23, 31	1	Whole Foods at Gateway Center	0	NAP	NAP	Hard	Springing	Yes
17	Loan	19, 23	1	University Shoppes	$800,000.00 (Major Tenant Reserve)	NAP	NAP	Springing	Springing	Yes
18	Loan	6, 7, 19, 30	2	OPI Portfolio	Material Tenant Funds Reserve (12 months of Monthly Material Tenant Deposits)	NAP	NAP	Hard	Springing	Yes
18.01	Property		1	1 Primerica Parkway
18.02	Property		1	701 Clay Avenue
19	Loan	1, 16	1	Capitol Crossings Apartments	0	NAP	NAP	Springing	Springing	Yes
20	Loan	2, 23	1	91 Crosby Street	0	NAP	NAP	Hard	Springing	Yes
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	0	NAP	NAP	Soft	Springing	Yes
21.01	Property		1	Liberty Lofts
21.02	Property		1	Midtown Urban
22	Loan	6	3	Rosenberg Multifamily Portfolio	0	NAP	NAP	Springing	Springing	Yes
22.01	Property		1	Benjamin Banneker Plaza
22.02	Property		1	Claremont Manor Apartments
22.03	Property		1	Clearview Apartments
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	0	NAP	NAP	Hard	Springing	Yes
23.01	Property		1	21-23 Catherine Street
23.02	Property		1	26 Park Place
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	0	NAP	NAP	Hard	Springing	Yes
25	Loan	15, 19	1	Riveredge Industrial	0	NAP	NAP	Springing	Springing	Yes
26	Loan	2	1	Big Horn at Black Mountain	0	NAP	NAP	Soft	Springing	Yes
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	0	NAP	NAP	Hard	Springing	Yes
27.01	Property		1	Three Bala Plaza
27.02	Property		1	One Bala Plaza
27.03	Property		1	Two Bala Plaza
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	0	NAP	NAP	Springing	Springing	Yes
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	0	NAP	NAP	Springing	Springing	Yes
30	Loan	15, 19, 23	1	Millstone Towne Center	0	NAP	NAP	Springing	Springing	Yes
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	0	NAP	NAP	Springing	Springing	Yes
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	0	NAP	NAP	Hard	Springing	Yes
33	Loan	16, 27	1	2136 Bedford Avenue	0	NAP	NAP	Springing	Springing	Yes
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	0	NAP	NAP	Springing	Springing	Yes
35	Loan		1	Pine Grove Apartments	0	NAP	NAP	Springing	Springing	Yes
36	Loan	3, 19	1	Sunshine Storage	0	NAP	NAP	Springing	Springing	Yes
37	Loan	19, 20	1	Orchard Grove Shopping Center	0	NAP	NAP	Hard	Springing	Yes

A-1-13

BMO 2024-5C3

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 ($)

Loan

1, 3, 4, 7, 12, 23, 30, 31

Tysons Corner Center

Yes

73,960,000

636,040,000

3,547,128.82

3,959,596.04

NAP

710,000,000

Loan

5, 7, 12, 31

Elmwood Shopping Center

Yes

70,000,000

15,000,000

83,645.84

473,993.06

NAP

85,000,000

Loan

1, 2, 8, 12, 17, 19

Margaritaville Lake of the Ozarks

NAP

Loan

7, 12, 19

Galleria at Tyler

Yes

50,000,000

100,000,000

669,082.17

1,003,623.26

NAP

150,000,000

Loan

1, 6, 7, 23

33 West State Street and 50 East State Street

Yes

50,000,000

40,000,000

248,402.78

558,906.25

NAP

90,000,000

5.01

Property

50 East State Street

5.02

Property

33 West State Street

Loan

2, 7, 13, 16, 19, 26, 30,

Piazza Alta

Yes

45,000,000

140,900,000

556,682.56

734,473.30

NAP

185,900,000

Loan

6, 10, 12, 16, 28

ExchangeRight Net Leased Portfolio #66

NAP

7.01

Property

FedEx Ground- Reading (Aviation), PA

7.02

Property

Hy-Vee - Kansas City (64th), MO

7.03

Property

Stop & Shop - Fall River (Rodman), MA

7.04

Property

Tractor Supply - Athol (Athol Crossings), ID

7.05

Property

Dollar Tree - Amarillo (Arden), TX

7.06

Property

Dollar Tree - Abilene (Industrial), TX

7.07

Property

Dollar General - Flint (Linden Creek), MI

7.08

Property

Family Dollar /Dollar Tree Combo - Dayton (Troy), OH

7.09

Property

Dollar General - Goshen (Kercher), IN

7.10

Property

Dollar General - Saginaw (East), MI

7.11

Property

Dollar General - Del Rio (Cienegas), TX

Loan

3, 12, 20

61 S Paramus Road

Yes

NAP

Loan

4, 19, 23

111 West 19th Street

NAP

Loan

16, 18, 28

333 South Spruce Street

Yes

28,750,000

50,000,000

278,819.45

439,140.63

NAP

78,750,000

Loan

5, 7, 12, 15, 19, 23, 31

Crescent Center

Yes

28,750,000

23,250,000

147,586.10

330,085.05

NAP

52,000,000

Loan

1, 7, 12, 24, 27, 30

Staten Island Mall

Yes

28,500,000

171,500,000

1,091,688.81

1,273,106.48

NAP

200,000,000

Loan

Highland Hills Apartments

NAP

Loan

3, 20, 32

Oak Park Commons

NAP

Loan

1, 7, 8, 12, 18, 24, 30

Garden State Plaza

Yes

25,000,000

500,000,000

2,793,686.34

2,933,370.66

NAP

525,000,000

Loan

23, 31

Whole Foods at Gateway Center

Yes

NAP

Loan

19, 23

University Shoppes

Yes

NAP

Loan

6, 7, 19, 30

OPI Portfolio

Yes

23,000,000

31,300,000

202,864.21

351,933.76

NAP

54,300,000

18.01

Property

1 Primerica Parkway

18.02

Property

701 Clay Avenue

Loan

1, 16

Capitol Crossings Apartments

NAP

Loan

2, 23

91 Crosby Street

NAP

Loan

3, 6, 16, 18, 28, 31

Bridgeview Student Housing Portfolio

Yes

NAP

21.01

Property

Liberty Lofts

21.02

Property

Midtown Urban

Loan

Rosenberg Multifamily Portfolio

NAP

22.01

Property

Benjamin Banneker Plaza

22.02

Property

Claremont Manor Apartments

22.03

Property

Clearview Apartments

Loan

3, 6, 32

Conway Multifamily Portfolio II

NAP

23.01

Property

21-23 Catherine Street

23.02

Property

26 Park Place

Loan

1, 7, 12, 19

DoubleTree by Hilton Hotel Orlando at SeaWorld

Yes

15,000,000

70,000,000

458,362.26

556,582.75

NAP

85,000,000

Loan

15, 19

Riveredge Industrial

Yes

NAP

Loan

Big Horn at Black Mountain

NAP

Loan

2, 6, 7, 12, 13, 20, 23, 32

Bala Plaza Portfolio

Yes

11,500,000

88,000,000

647,604.63

732,234.78

NAP

99,500,000

27.01

Property

Three Bala Plaza

27.02

Property

One Bala Plaza

27.03

Property

Two Bala Plaza

Loan

14, 16, 18, 27, 31

35 Kingston Avenue

NAP

Loan

10, 13

Knightsbridge and Sheffield House Apartments

NAP

Loan

15, 19, 23

Millstone Towne Center

Yes

NAP

Loan

16, 27, 29, 31

785 Fairmount Place

NAP

Loan

5, 19, 30, 31

Hyatt Place Baltimore Owings Mills

NAP

Loan

16, 27

2136 Bedford Avenue

NAP

Loan

2, 13, 16, 30

Lenox Hill Mixed Use

Yes

NAP

Loan

Pine Grove Apartments

NAP

Loan

3, 19

Sunshine Storage

NAP

Loan

19, 20

Orchard Grove Shopping Center

Yes

NAP

A-1-14

BMO 2024-5C3

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 (%)

Loan

1, 3, 4, 7, 12, 23, 30, 31

Tysons Corner Center

3,959,596.04

39.4%

2.00

13.7%

NAP

Loan

5, 7, 12, 31

Elmwood Shopping Center

473,993.06

40.8%

2.46

16.7%

NAP

Loan

1, 2, 8, 12, 17, 19

Margaritaville Lake of the Ozarks

NAP

Loan

7, 12, 19

Galleria at Tyler

1,003,623.26

50.0%

1.96

16.7%

NAP

Loan

1, 6, 7, 23

33 West State Street and 50 East State Street

558,906.25

65.1%

1.50

11.3%

NAP

5.01

Property

50 East State Street

5.02

Property

33 West State Street

Loan

2, 7, 13, 16, 19, 26, 30,

Piazza Alta

734,473.30

39.5%

2.46

11.8%

126,100,000

8.50000%

312,000,000

1,640,087.30

66.3%

1.1

7.0%

Loan

6, 10, 12, 16, 28

ExchangeRight Net Leased Portfolio #66

NAP

7.01

Property

FedEx Ground- Reading (Aviation), PA

7.02

Property

Hy-Vee - Kansas City (64th), MO

7.03

Property

Stop & Shop - Fall River (Rodman), MA

7.04

Property

Tractor Supply - Athol (Athol Crossings), ID

7.05

Property

Dollar Tree - Amarillo (Arden), TX

7.06

Property

Dollar Tree - Abilene (Industrial), TX

7.07

Property

Dollar General - Flint (Linden Creek), MI

7.08

Property

Family Dollar /Dollar Tree Combo - Dayton (Troy), OH

7.09

Property

Dollar General - Goshen (Kercher), IN

7.10

Property

Dollar General - Saginaw (East), MI

7.11

Property

Dollar General - Del Rio (Cienegas), TX

Loan

3, 12, 20

61 S Paramus Road

NAP

Loan

4, 19, 23

111 West 19th Street

NAP

Loan

16, 18, 28

333 South Spruce Street

439,140.63

56.0%

1.65

11.3%

NAP

Loan

5, 7, 12, 15, 19, 23, 31

Crescent Center

330,085.05

64.1%

1.56

13.0%

NAP

Loan

1, 7, 12, 24, 27, 30

Staten Island Mall

1,273,106.48

42.8%

2.09

16.5%

NAP

Loan

Highland Hills Apartments

NAP

Loan

3, 20, 32

Oak Park Commons

NAP

Loan

1, 7, 8, 12, 18, 24, 30

Garden State Plaza

2,933,370.66

28.9%

2.98

20.2%

NAP

Loan

23, 31

Whole Foods at Gateway Center

NAP

Loan

19, 23

University Shoppes

NAP

Loan

6, 7, 19, 30

OPI Portfolio

351,933.76

48.4%

1.75

13.8%

NAP

18.01

Property

1 Primerica Parkway

18.02

Property

701 Clay Avenue

Loan

1, 16

Capitol Crossings Apartments

NAP

Loan

2, 23

91 Crosby Street

NAP

Loan

3, 6, 16, 18, 28, 31

Bridgeview Student Housing Portfolio

NAP

21.01

Property

Liberty Lofts

21.02

Property

Midtown Urban

Loan

Rosenberg Multifamily Portfolio

NAP

22.01

Property

Benjamin Banneker Plaza

22.02

Property

Claremont Manor Apartments

22.03

Property

Clearview Apartments

Loan

3, 6, 32

Conway Multifamily Portfolio II

NAP

23.01

Property

21-23 Catherine Street

23.02

Property

26 Park Place

Loan

1, 7, 12, 19

DoubleTree by Hilton Hotel Orlando at SeaWorld

556,582.75

59.4%

1.85

17.1%

NAP

Loan

15, 19

Riveredge Industrial

NAP

Loan

Big Horn at Black Mountain

NAP

Loan

2, 6, 7, 12, 13, 20, 23, 32

Bala Plaza Portfolio

732,234.78

47.4%

1.68

16.2%

30,000,000

5.00000%

129,500,000

858,970.89

61.6%

1.43

12.5%

27.01

Property

Three Bala Plaza

27.02

Property

One Bala Plaza

27.03

Property

Two Bala Plaza

Loan

14, 16, 18, 27, 31

35 Kingston Avenue

NAP

Loan

10, 13

Knightsbridge and Sheffield House Apartments

NAP

Loan

15, 19, 23

Millstone Towne Center

NAP

Loan

16, 27, 29, 31

785 Fairmount Place

NAP

Loan

5, 19, 30, 31

Hyatt Place Baltimore Owings Mills

NAP

Loan

16, 27

2136 Bedford Avenue

NAP

Loan

2, 13, 16, 30

Lenox Hill Mixed Use

NAP

Loan

Pine Grove Apartments

NAP

Loan

3, 19

Sunshine Storage

NAP

Loan

19, 20

Orchard Grove Shopping Center

NAP

A-1-15

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Future Additional Debt Permitted (Y/N)	Future Debt Permitted Type	Sponsor
					13	13
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	No	NAP	The Macerich Partnership, L.P. and Alaska Permanent Fund Corporation
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	No	NAP	Lauricella Land Company, LLC
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	Yes	Future Mezzanine Loan	Carlos J. Rodriguez, Sr. and Carlos J. Rodriguez, Jr.
4	Loan	7, 12, 19	1	Galleria at Tyler	No	NAP	Brookfield Properties Retail Holding LLC and Teachers’ Retirement System of the State of Illinois
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	No	NAP	Muddy Puddles LLC
5.01	Property		1	50 East State Street
5.02	Property		1	33 West State Street
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	No	NAP	Matthew Pestronk and Michael Pestronk
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	No	NAP	ExchangeRight Real Estate, LLC
7.01	Property		1	FedEx Ground- Reading (Aviation), PA
7.02	Property		1	Hy-Vee - Kansas City (64th), MO
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX
7.07	Property		1	Dollar General - Flint (Linden Creek), MI
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH
7.09	Property		1	Dollar General - Goshen (Kercher), IN
7.10	Property		1	Dollar General - Saginaw (East), MI
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX
8	Loan	3, 12, 20	1	61 S Paramus Road	No	NAP	Crown Acquisitions, Inc., First Mile Capital, LLC and Richard Chera
9	Loan	4, 19, 23	1	111 West 19th Street	No	NAP	Steven Kaufman
10	Loan	16, 18, 28	1	333 South Spruce Street	No	NAP	Gotion, Inc.
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	No	NAP	David Long and Peggy Long
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	No	NAP	BPR Nimbus LLC
13	Loan	32	1	Highland Hills Apartments	No	NAP	Pinchos D. Shemano and Heyme Bleier
14	Loan	3, 20, 32	1	Oak Park Commons	No	NAP	Francis Greenburger, Chris Brochert and Daniel Stern
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	No	NAP	Unibail-Rodamco-Westfield and affiliates of The Prudential Assurance Company Limited
16	Loan	23, 31	1	Whole Foods at Gateway Center	No	NAP	Allan Adelson
17	Loan	19, 23	1	University Shoppes	No	NAP	Gabriel Harkham
18	Loan	6, 7, 19, 30	2	OPI Portfolio	No	NAP	Office Properties Income Trust
18.01	Property		1	1 Primerica Parkway
18.02	Property		1	701 Clay Avenue
19	Loan	1, 16	1	Capitol Crossings Apartments	No	NAP	Eliezer Gottlieb, Moshe Greenzweig and Jacob Weinberger
20	Loan	2, 23	1	91 Crosby Street	No	NAP	Atit Javeri
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	No	NAP	Steven D. May
21.01	Property		1	Liberty Lofts
21.02	Property		1	Midtown Urban
22	Loan	6	3	Rosenberg Multifamily Portfolio	No	NAP	Shloime Rosenberg
22.01	Property		1	Benjamin Banneker Plaza
22.02	Property		1	Claremont Manor Apartments
22.03	Property		1	Clearview Apartments
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	No	NAP	Abe Cohen
23.01	Property		1	21-23 Catherine Street
23.02	Property		1	26 Park Place
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	No	NAP	BLT Real Estate JV5 LLC
25	Loan	15, 19	1	Riveredge Industrial	No	NAP	Brock J. Vinton
26	Loan	2	1	Big Horn at Black Mountain	No	NAP	John Mersho 2016 Irrevocable Trust, dated December 24, 2016
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	No	NAP	Carolyn Dayon, Harry Adjmi, Eva Vegh and Yael Ishakis
27.01	Property		1	Three Bala Plaza
27.02	Property		1	One Bala Plaza
27.03	Property		1	Two Bala Plaza
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	No	NAP	David Banda and Chaim Landau
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	Yes	Future Mezzanine Loan	Elimelech Weisblum
30	Loan	15, 19, 23	1	Millstone Towne Center	No	NAP	Hesham Abdelbaky and Jonathan Boes
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	No	NAP	Joel Guttman
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	No	NAP	Sunil Joshi and Sridhar Marupudi
33	Loan	16, 27	1	2136 Bedford Avenue	No	NAP	Leah Waldman
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	Yes	Future Mezzanine Loan	Maung Htain Linn and Khin Aye Kyawt
35	Loan		1	Pine Grove Apartments	No	NAP	Louis Capra
36	Loan	3, 19	1	Sunshine Storage	No	NAP	Plaquemine Self Storage, LLC
37	Loan	19, 20	1	Orchard Grove Shopping Center	No	NAP	Michael N. Jaffe

A-1-16

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Non-Recourse Carveout Guarantor	Delaware Statutory Trust (Y/N)	Tenants-in-common (Y/N)
					24		33
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	The Macerich Partnership, L.P.	No	No
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	Lauricella Land Company, LLC	No	No
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	Carlos J. Rodriguez, Sr. and Carlos J. Rodriguez, Jr.	No	No
4	Loan	7, 12, 19	1	Galleria at Tyler	GGP-TRS L.L.C.	No	No
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	Simon Glick, Seymour Pluchenik and Menashe Frankel	No	No
5.01	Property		1	50 East State Street
5.02	Property		1	33 West State Street
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	Matthew Pestronk and Michael Pestronk	No	No
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	ExchangeRight Real Estate, LLC, David Fisher, Joshua Ungerecht and Warren Thomas	Yes	No
7.01	Property		1	FedEx Ground- Reading (Aviation), PA
7.02	Property		1	Hy-Vee - Kansas City (64th), MO
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX
7.07	Property		1	Dollar General - Flint (Linden Creek), MI
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH
7.09	Property		1	Dollar General - Goshen (Kercher), IN
7.10	Property		1	Dollar General - Saginaw (East), MI
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX
8	Loan	3, 12, 20	1	61 S Paramus Road	Richard Chera	No	No
9	Loan	4, 19, 23	1	111 West 19th Street	Steven Kaufman	No	No
10	Loan	16, 18, 28	1	333 South Spruce Street	Gotion, Inc.	No	No
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	David Long and Peggy Long	No	No
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	BPR Nimbus LLC	No	No
13	Loan	32	1	Highland Hills Apartments	Pinchos D. Shemano and Heyme Bleier	No	Yes
14	Loan	3, 20, 32	1	Oak Park Commons	Francis Greenburger, Chris Brochert and Daniel Stern	No	Yes
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	NAP	No	No
16	Loan	23, 31	1	Whole Foods at Gateway Center	Allan Adelson	No	No
17	Loan	19, 23	1	University Shoppes	Gabriel Harkham	No	No
18	Loan	6, 7, 19, 30	2	OPI Portfolio	Office Properties Income Trust	No	No
18.01	Property		1	1 Primerica Parkway
18.02	Property		1	701 Clay Avenue
19	Loan	1, 16	1	Capitol Crossings Apartments	Eliezer Gottlieb, Moshe Greenzweig and Jacob Weinberger	No	No
20	Loan	2, 23	1	91 Crosby Street	Atit Javeri	No	No
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	Steven D. May	Yes	No
21.01	Property		1	Liberty Lofts
21.02	Property		1	Midtown Urban
22	Loan	6	3	Rosenberg Multifamily Portfolio	Shloime Rosenberg	No	No
22.01	Property		1	Benjamin Banneker Plaza
22.02	Property		1	Claremont Manor Apartments
22.03	Property		1	Clearview Apartments
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	Abe Cohen	No	Yes
23.01	Property		1	21-23 Catherine Street
23.02	Property		1	26 Park Place
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	BLT Real Estate JV5 LLC	No	No
25	Loan	15, 19	1	Riveredge Industrial	Brock J. Vinton	No	No
26	Loan	2	1	Big Horn at Black Mountain	George Mersho	No	No
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	Carolyn Dayon, Harry Adjmi, Eva Vegh and Yael Ishakis	No	Yes
27.01	Property		1	Three Bala Plaza
27.02	Property		1	One Bala Plaza
27.03	Property		1	Two Bala Plaza
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	David Banda and Chaim Landau	No	No
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	Elimelech Weisblum	No	No
30	Loan	15, 19, 23	1	Millstone Towne Center	Hesham Abdelbaky and Jonathan Boes	No	No
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	Joel Guttman	No	No
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	Sunil Joshi and Sridhar Marupudi	No	No
33	Loan	16, 27	1	2136 Bedford Avenue	Leah Waldman	No	No
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	Maung Htain Linn and Khin Aye Kyawt	No	No
35	Loan		1	Pine Grove Apartments	Louis Capra	No	No
36	Loan	3, 19	1	Sunshine Storage	Andrew S. Mattox	No	No
37	Loan	19, 20	1	Orchard Grove Shopping Center	Michael N. Jaffe and Michael N. Jaffe, as Trustee of the Michael N. Jaffe Declaration of Trust Dated June 25, 2004	No	No

A-1-17

BMO 2024-5C3

Annex A-1

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Loan Purpose	Property Located Within a Qualified Opportunity Zone (Y/N)	Sources: Loan Amount ($)	Sources: Principal's New Cash Contribution ($)	Sources: Subordinate Debt ($)	Sources: Other Sources ($)	Sources: Total Sources ($)	Uses: Loan Payoff ($)	Uses: Purchase Price ($)	Uses: Closing Costs ($)	Uses: Reserves ($)	Uses: Principal Equity Distribution ($)
						29
1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	Refinance	No	710,000,000	0	0	0	710,000,000	666,692,845	0	3,532,030	39,775,125	0
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	Refinance	No	85,000,000	0	0	0	85,000,000	63,534,534	0	1,653,102	10,227,123	9,585,241
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	Refinance	No	60,500,000	0	0	0	60,500,000	24,860,492	0	877,500	83,872	34,678,136
4	Loan	7, 12, 19	1	Galleria at Tyler	Refinance	No	150,000,000	13,330,744	0	0	163,330,744	152,794,561	0	611,806	9,924,378	0
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	Refinance		90,000,000	0	0	0	90,000,000	59,062,024	0	1,564,754	20,346,101	9,027,121
5.01	Property		1	50 East State Street		No
5.02	Property		1	33 West State Street		No
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	Refinance	No	185,900,000	20,203,569	126,100,000	0	332,203,569	294,834,291	0	23,748,203	13,621,075	0
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	Acquisition		43,250,000	53,273,825	0	0	96,523,825	0	93,630,943	2,217,233	675,649	0
7.01	Property		1	FedEx Ground- Reading (Aviation), PA		No
7.02	Property		1	Hy-Vee - Kansas City (64th), MO		No
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA		No
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID		No
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX		No
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX		No
7.07	Property		1	Dollar General - Flint (Linden Creek), MI		No
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH		No
7.09	Property		1	Dollar General - Goshen (Kercher), IN		No
7.10	Property		1	Dollar General - Saginaw (East), MI		No
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX		No
8	Loan	3, 12, 20	1	61 S Paramus Road	Acquisition	No	33,600,000	29,074,664	0	0	62,674,664	0	54,712,893	892,806	7,068,964	0
9	Loan	4, 19, 23	1	111 West 19th Street	Refinance	No	33,000,000	75,000	0	0	33,075,000	25,108,653	0	1,198,653	6,767,693	0
10	Loan	16, 18, 28	1	333 South Spruce Street	Acquisition	No	78,750,000	77,225,947	0	9,356,000	165,331,947	0	139,500,000	14,842,004	10,989,943	0
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	Refinance	No	52,000,000	2,672,977	0	0	54,672,977	49,625,707	0	2,615,777	2,431,492	0
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	Refinance	NAP	200,000,000	11,179,744	0	0	211,179,744	204,429,707	0	1,766,053	4,983,984	0
13	Loan	32	1	Highland Hills Apartments	Refinance	No	27,100,000	0	0	0	27,100,000	23,127,069	0	2,994,017	283,020	695,894
14	Loan	3, 20, 32	1	Oak Park Commons	Acquisition	No	27,000,000	16,362,395	0	1,900,000	45,262,395	0	40,000,000	1,631,300	3,631,095	0
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	Refinance	No	525,000,000	8,659,157	0	0	533,659,157	526,745,637	0	6,913,520	0	0
16	Loan	23, 31	1	Whole Foods at Gateway Center	Refinance	No
17	Loan	19, 23	1	University Shoppes	Refinance	No
18	Loan	6, 7, 19, 30	2	OPI Portfolio	Recapitalization
18.01	Property		1	1 Primerica Parkway		No
18.02	Property		1	701 Clay Avenue		No
19	Loan	1, 16	1	Capitol Crossings Apartments	Refinance	No
20	Loan	2, 23	1	91 Crosby Street	Recapitalization	No
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	Refinance	No
21.01	Property		1	Liberty Lofts		No
21.02	Property		1	Midtown Urban		No
22	Loan	6	3	Rosenberg Multifamily Portfolio	Refinance
22.01	Property		1	Benjamin Banneker Plaza		No
22.02	Property		1	Claremont Manor Apartments		No
22.03	Property		1	Clearview Apartments		No
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	Refinance
23.01	Property		1	21-23 Catherine Street		No
23.02	Property		1	26 Park Place		No
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	Refinance	No
25	Loan	15, 19	1	Riveredge Industrial	Refinance	No
26	Loan	2	1	Big Horn at Black Mountain	Recapitalization	No
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	Acquisition
27.01	Property		1	Three Bala Plaza		No
27.02	Property		1	One Bala Plaza		No
27.03	Property		1	Two Bala Plaza		No
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	Refinance	No
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	Refinance	No
30	Loan	15, 19, 23	1	Millstone Towne Center	Acquisition	No
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	Refinance	Yes
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	Acquisition	No
33	Loan	16, 27	1	2136 Bedford Avenue	Refinance	No
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	Refinance	No
35	Loan		1	Pine Grove Apartments	Refinance	No
36	Loan	3, 19	1	Sunshine Storage	Acquisition	No
37	Loan	19, 20	1	Orchard Grove Shopping Center	Refinance	No

A-1-18

BMO 2024-5C3

Annex A-1

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 (%)

Loan

1, 3, 4, 7, 12, 23, 30, 31

Tysons Corner Center

710,000,000

NAP

Loan

5, 7, 12, 31

Elmwood Shopping Center

85,000,000

NAP

Loan

1, 2, 8, 12, 17, 19

Margaritaville Lake of the Ozarks

60,500,000

3/1/2039

165.96

87.56

52.8%

165.86

90.44

54.5%

162.79

87.86

54.0%

Loan

7, 12, 19

Galleria at Tyler

163,330,744

NAP

Loan

1, 6, 7, 23

33 West State Street and 50 East State Street

90,000,000

NAP

5.01

Property

50 East State Street

NAP

5.02

Property

33 West State Street

NAP

Loan

2, 7, 13, 16, 19, 26, 30,

Piazza Alta

332,203,569

NAP

Loan

6, 10, 12, 16, 28

ExchangeRight Net Leased Portfolio #66

96,523,825

NAP

7.01

Property

FedEx Ground- Reading (Aviation), PA

NAP

7.02

Property

Hy-Vee - Kansas City (64th), MO

NAP

7.03

Property

Stop & Shop - Fall River (Rodman), MA

NAP

7.04

Property

Tractor Supply - Athol (Athol Crossings), ID

NAP

7.05

Property

Dollar Tree - Amarillo (Arden), TX

NAP

7.06

Property

Dollar Tree - Abilene (Industrial), TX

NAP

7.07

Property

Dollar General - Flint (Linden Creek), MI

NAP

7.08

Property

Family Dollar /Dollar Tree Combo - Dayton (Troy), OH

NAP

7.09

Property

Dollar General - Goshen (Kercher), IN

NAP

7.10

Property

Dollar General - Saginaw (East), MI

NAP

7.11

Property

Dollar General - Del Rio (Cienegas), TX

NAP

Loan

3, 12, 20

61 S Paramus Road

62,674,664

NAP

Loan

4, 19, 23

111 West 19th Street

33,075,000

NAP

Loan

16, 18, 28

333 South Spruce Street

165,331,947

NAP

Loan

5, 7, 12, 15, 19, 23, 31

Crescent Center

54,672,977

NAP

Loan

1, 7, 12, 24, 27, 30

Staten Island Mall

211,179,744

NAP

Loan

Highland Hills Apartments

27,100,000

NAP

Loan

3, 20, 32

Oak Park Commons

45,262,395

NAP

Loan

1, 7, 8, 12, 18, 24, 30

Garden State Plaza

533,659,157

NAP

Loan

23, 31

Whole Foods at Gateway Center

NAP

Loan

19, 23

University Shoppes

NAP

Loan

6, 7, 19, 30

OPI Portfolio

NAP

18.01

Property

1 Primerica Parkway

NAP

18.02

Property

701 Clay Avenue

NAP

Loan

1, 16

Capitol Crossings Apartments

NAP

Loan

2, 23

91 Crosby Street

NAP

Loan

3, 6, 16, 18, 28, 31

Bridgeview Student Housing Portfolio

NAP

21.01

Property

Liberty Lofts

NAP

21.02

Property

Midtown Urban

NAP

Loan

Rosenberg Multifamily Portfolio

NAP

22.01

Property

Benjamin Banneker Plaza

NAP

22.02

Property

Claremont Manor Apartments

NAP

22.03

Property

Clearview Apartments

NAP

Loan

3, 6, 32

Conway Multifamily Portfolio II

NAP

23.01

Property

21-23 Catherine Street

NAP

23.02

Property

26 Park Place

NAP

Loan

1, 7, 12, 19

DoubleTree by Hilton Hotel Orlando at SeaWorld

5/31/2030

132.13

101.70

77.0%

132.13

101.70

77.0%

119.71

95.16

79.5%

Loan

15, 19

Riveredge Industrial

NAP

Loan

Big Horn at Black Mountain

NAP

Loan

2, 6, 7, 12, 13, 20, 23, 32

Bala Plaza Portfolio

NAP

27.01

Property

Three Bala Plaza

NAP

27.02

Property

One Bala Plaza

NAP

27.03

Property

Two Bala Plaza

NAP

Loan

14, 16, 18, 27, 31

35 Kingston Avenue

NAP

Loan

10, 13

Knightsbridge and Sheffield House Apartments

NAP

Loan

15, 19, 23

Millstone Towne Center

NAP

Loan

16, 27, 29, 31

785 Fairmount Place

NAP

Loan

5, 19, 30, 31

Hyatt Place Baltimore Owings Mills

3/1/2038

109.42

68.58

62.7%

109.42

68.58

62.7%

106.42

67.27

63.2%

Loan

16, 27

2136 Bedford Avenue

NAP

Loan

2, 13, 16, 30

Lenox Hill Mixed Use

NAP

Loan

Pine Grove Apartments

NAP

Loan

3, 19

Sunshine Storage

NAP

Loan

19, 20

Orchard Grove Shopping Center

NAP

A-1-19

BMO 2024-5C3

Annex A-1

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

1	Loan	1, 3, 4, 7, 12, 23, 30, 31	1	Tysons Corner Center	NAP	NAP	NAP
2	Loan	5, 7, 12, 31	1	Elmwood Shopping Center	NAP	NAP	NAP
3	Loan	1, 2, 8, 12, 17, 19	1	Margaritaville Lake of the Ozarks	162.32	69.48	42.8%
4	Loan	7, 12, 19	1	Galleria at Tyler	NAP	NAP	NAP
5	Loan	1, 6, 7, 23	2	33 West State Street and 50 East State Street	NAP	NAP	NAP
5.01	Property		1	50 East State Street	NAP	NAP	NAP
5.02	Property		1	33 West State Street	NAP	NAP	NAP
6	Loan	2, 7, 13, 16, 19, 26, 30,	1	Piazza Alta	NAP	NAP	NAP
7	Loan	6, 10, 12, 16, 28	11	ExchangeRight Net Leased Portfolio #66	NAP	NAP	NAP
7.01	Property		1	FedEx Ground- Reading (Aviation), PA	NAP	NAP	NAP
7.02	Property		1	Hy-Vee - Kansas City (64th), MO	NAP	NAP	NAP
7.03	Property		1	Stop & Shop - Fall River (Rodman), MA	NAP	NAP	NAP
7.04	Property		1	Tractor Supply - Athol (Athol Crossings), ID	NAP	NAP	NAP
7.05	Property		1	Dollar Tree - Amarillo (Arden), TX	NAP	NAP	NAP
7.06	Property		1	Dollar Tree - Abilene (Industrial), TX	NAP	NAP	NAP
7.07	Property		1	Dollar General - Flint (Linden Creek), MI	NAP	NAP	NAP
7.08	Property		1	Family Dollar /Dollar Tree Combo - Dayton (Troy), OH	NAP	NAP	NAP
7.09	Property		1	Dollar General - Goshen (Kercher), IN	NAP	NAP	NAP
7.10	Property		1	Dollar General - Saginaw (East), MI	NAP	NAP	NAP
7.11	Property		1	Dollar General - Del Rio (Cienegas), TX	NAP	NAP	NAP
8	Loan	3, 12, 20	1	61 S Paramus Road	NAP	NAP	NAP
9	Loan	4, 19, 23	1	111 West 19th Street	NAP	NAP	NAP
10	Loan	16, 18, 28	1	333 South Spruce Street	NAP	NAP	NAP
11	Loan	5, 7, 12, 15, 19, 23, 31	1	Crescent Center	NAP	NAP	NAP
12	Loan	1, 7, 12, 24, 27, 30	1	Staten Island Mall	NAP	NAP	NAP
13	Loan	32	1	Highland Hills Apartments	NAP	NAP	NAP
14	Loan	3, 20, 32	1	Oak Park Commons	NAP	NAP	NAP
15	Loan	1, 7, 8, 12, 18, 24, 30	1	Garden State Plaza	NAP	NAP	NAP
16	Loan	23, 31	1	Whole Foods at Gateway Center	NAP	NAP	NAP
17	Loan	19, 23	1	University Shoppes	NAP	NAP	NAP
18	Loan	6, 7, 19, 30	2	OPI Portfolio	NAP	NAP	NAP
18.01	Property		1	1 Primerica Parkway	NAP	NAP	NAP
18.02	Property		1	701 Clay Avenue	NAP	NAP	NAP
19	Loan	1, 16	1	Capitol Crossings Apartments	NAP	NAP	NAP
20	Loan	2, 23	1	91 Crosby Street	NAP	NAP	NAP
21	Loan	3, 6, 16, 18, 28, 31	2	Bridgeview Student Housing Portfolio	NAP	NAP	NAP
21.01	Property		1	Liberty Lofts	NAP	NAP	NAP
21.02	Property		1	Midtown Urban	NAP	NAP	NAP
22	Loan	6	3	Rosenberg Multifamily Portfolio	NAP	NAP	NAP
22.01	Property		1	Benjamin Banneker Plaza	NAP	NAP	NAP
22.02	Property		1	Claremont Manor Apartments	NAP	NAP	NAP
22.03	Property		1	Clearview Apartments	NAP	NAP	NAP
23	Loan	3, 6, 32	2	Conway Multifamily Portfolio II	NAP	NAP	NAP
23.01	Property		1	21-23 Catherine Street	NAP	NAP	NAP
23.02	Property		1	26 Park Place	NAP	NAP	NAP
24	Loan	1, 7, 12, 19	1	DoubleTree by Hilton Hotel Orlando at SeaWorld	88.69	62.37	70.3%
25	Loan	15, 19	1	Riveredge Industrial	NAP	NAP	NAP
26	Loan	2	1	Big Horn at Black Mountain	NAP	NAP	NAP
27	Loan	2, 6, 7, 12, 13, 20, 23, 32	3	Bala Plaza Portfolio	NAP	NAP	NAP
27.01	Property		1	Three Bala Plaza	NAP	NAP	NAP
27.02	Property		1	One Bala Plaza	NAP	NAP	NAP
27.03	Property		1	Two Bala Plaza	NAP	NAP	NAP
28	Loan	14, 16, 18, 27, 31	1	35 Kingston Avenue	NAP	NAP	NAP
29	Loan	10, 13	1	Knightsbridge and Sheffield House Apartments	NAP	NAP	NAP
30	Loan	15, 19, 23	1	Millstone Towne Center	NAP	NAP	NAP
31	Loan	16, 27, 29, 31	1	785 Fairmount Place	NAP	NAP	NAP
32	Loan	5, 19, 30, 31	1	Hyatt Place Baltimore Owings Mills	101.53	82.75	81.5%
33	Loan	16, 27	1	2136 Bedford Avenue	NAP	NAP	NAP
34	Loan	2, 13, 16, 30	1	Lenox Hill Mixed Use	NAP	NAP	NAP
35	Loan		1	Pine Grove Apartments	NAP	NAP	NAP
36	Loan	3, 19	1	Sunshine Storage	NAP	NAP	NAP
37	Loan	19, 20	1	Orchard Grove Shopping Center	NAP	NAP	NAP

A-1-20

BMO 2024-5C3 Combined ANNEX A-1 FOOTNOTES v5

(1 – Mortgage Loan Seller)

“BMO” denotes Bank of Montreal as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller, “GACC” denotes German American Capital Corporation as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “GCMC” denotes Greystone Commercial Mortgage Capital LLC as Mortgage Loan Seller, “SGFC” denotes Societe Generale Financial Corporation as Mortgage Loan Seller, “GSMC” denotes Goldman Sachs Mortgage Company as Mortgage Loan Seller, “ZBNA” denotes Zions Bancorporation, N.A. as Mortgage Loan Seller, and “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller.

With respect to Loan No. 1, Tysons Corner Center, the mortgage loan is part of a whole loan that was co-originated by Deutsche Bank AG, New York Branch, Goldman Sachs Bank USA, JPMorgan Chase Bank, National Association and BMO.

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, the mortgage loan was co-originated by SMC and GSMC.

With respect to Loan No. 5, 33 West State Street and 50 East State Street, the mortgage loan is part of a whole loan that was co-originated by CREFI and Morgan Stanley Bank, N.A.

With respect to Loan No. 12, Staten Island Mall, the mortgage loan is part of a whole loan that was co-originated by Deutsche Bank AG, New York Branch, Barclays Capital Real Estate Inc., and Wells Fargo Bank, National Association.

With respect to Loan No. 15, Garden State Plaza, the mortgage loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, German American Capital Corporation and Natixis Real Estate Capital LLC.

With respect to Loan No. 19, Capital Crossings Apartments, the mortgage loan was originated by Arbor Private Label, LLC and subsequently acquired by BMO.

With respect to Loan No. 24, DoubleTree by Hilton Hotel Orlando at SeaWorld, the mortgage loan is part of a whole loan as to which separate notes are being sold by BMO, CREFI and GACC. The whole loan was originated by BMO and partially assigned to CREFI and Deutsche Bank AG, New York Branch. GACC has acquired or will acquire the portion of such mortgage loan as to which it is acting as mortgage loan seller from Deutsche Bank AG, New York Branch on or prior to the closing date.

(2 – Property Type)

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, the mortgaged property consists of a 520-room full service hotel along with 76,748 square feet of meeting space, a 126-boat slip marina offering boat and water sport rentals, a 20,000 square foot indoor waterpark, 18-holes of golf and nine food and beverage outlets (including three full-service restaurants and a poolside bar).

With respect to Loan No. 6, Piazza Alta, the mortgaged property consists of 695 multifamily units with 35,111 square feet ground floor retail space.

With respect to Loan No. 20, 91 Crosby Street, the mortgaged property consists of 8 multifamily units and 3,150 square feet of retail space.

With respect to Loan No. 26, Big Horn at Black Mountain, the mortgaged property is part of a 380-unit condominium regime that includes 247 units which are not part of the collateral.

A-1-21

With respect to Loan No. 27, Bala Plaza Portfolio, the Two Bala Plaza mortgaged property consists of a 10-story office building and a three-story 100,500 square foot retail building fully occupied by Saks Fifth Avenue LLC.

With respect to Loan No. 34, Lenox Hill Mixed Use, the mortgaged property consists of three multifamily units and 1,894 square feet of retail space.

(3 – Number of Units)

Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property.

With respect to Loan No. 1, Tysons Corner Center, the fee interest Mortgaged Property is subject to an affiliate ground lease between Tysons Corner Property Holdings LLC (the “Fee Borrower”), as landlord, and Tysons Corner Holdings LLC (the “Leasehold Borrower”), as ground lessee. The Mortgage is a fee and leasehold mortgage which encumbers each of the fee estate owned by Fee Borrower and the leasehold estate owned by Leasehold Borrower. The term of the ground lease commenced on November 26, 1962, and terminates on August 31, 2035. The ground lease does not provide for any further extension options. The annual base rent for the ground lease may never be less than an amount equal to 6% of the product of $1.00 times the total number of square feet in the total area of the Mortgaged Property. The annual ground rent under the ground lease is currently $1,565,412.

With respect to Loan No. 8, 61 S Paramus Road, the mortgaged property is subject to a ground lease with an expiration date of December 31, 2116. The annual ground lease rent is currently $375,000.

With respect to Loan No. 14, Oak Park Commons, a portion of the mortgaged property is subject to a ground lease with annual payments of $1 per year with no rent escalations that is set to expire on December 31, 2103.

With respect to Loan No. 21, Bridgeview Student Housing Portfolio, the Liberty Lofts Property is a 55-unit student housing property with 165 beds. All 55 units are three bedrooms. The Midtown Urban Property is a 70 unit student housing property with 232 beds encompassed by 13 two-bedroom units, 22 three-bedroom units, and 35 four-bedroom units.

With respect to Loan No. 23, Conway Multifamily Portfolio II, the 21-23 Catherine Street mortgaged property includes four rent-controlled units and seven rent-stabilized units. Additionally, there is 3,450 square feet of retail space located at the 21-23 Catherine Street mortgaged property.

With respect to Loan No. 36, Sunshine Storage, the mortgaged property consists of 440 self-storage units totaling 55,075 square feet and 48 parking spaces.

(4 – Leased Occupancy %)

In certain cases, the mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy.

For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See “Description of the Mortgage Pool—Tenant Issues— Rights to Sublease” and “--Tenants Not Yet in Occupancy or in a Free Rent Period, Leases Under Negotiation and LOIs” in the prospectus.

With respect to Loan No. 1, Tysons Corner Center, the Fifth Largest Tenant, Primark, has signed its lease but is not yet in occupancy. The lease provides that if the tenant fails to open for business by an opening date calculated in accordance with the lease, and such failure continues for 365 days (subject to delays caused by force majeure for not more than 60 days) then either the tenant or the landlord may terminate the lease upon notice given within 30 days of such 365-day period and prior to the date the tenant has

A-1-22

opened for business, in which event the tenant is required to pay, in addition to all rent due through the date of termination, liquidated damages equal to two years’ fixed rent and the portion of its construction allowance paid to the tenant prior to termination. In addition, the tenant has the right to terminate the lease if the delivery date for the leased premises has not occurred by the date that is 180 days following a revised delivery date calculated as set forth in the lease, in which event the landlord will be required to pay specified liquidated damages and other amounts to the tenant. In addition, the tenant may terminate its lease if the floor area of the leased premises is more than 3% less than set forth in the lease, unless the landlord enlarges the premises to reduce the deviation to less than 3% within three months after such measurement.

With respect to Loan No. 9, 111 West 19th Street, the Largest Tenant, RELX Inc. subleases 23,000 square feet of space to Bond Veterinary, Inc. which commenced in March 2022 and expires in October 2025. The subtenant currently pays monthly rent of approximately $90,812.

With respect to Loan No. 9, 111 West 19th Street, the Second Largest Tenant, Kleinfeld Bridal Corp. subleases 1,231 square feet of space to Occasion Brands, LLC which commenced in July 2018 and expires in October 2025. The subtenant currently pays monthly rent of approximately $9,970.

With respect to Loan No. 9, 111 West 19th Street, the Third Largest Tenant, DineInFresh, Inc. subleases 23,000 square feet of space to Outbrain, Inc. which commenced in July 2021 and expires in October 2027. The subtenant currently pays monthly rent of approximately $86,231.

(5 – Appraised Value ($), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%))

With respect to all mortgage loans, with the exceptions of the mortgage loans listed identified in “Description of the Mortgage Pool—Certain Calculations and Definitions” in the prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided “as-stabilized” values based on certain criteria being met.

With respect to Loan No. 2, Elmwood Shopping Center, the Appraised Value ($) includes two release parcels valued at $63,800 and $678,704. The Appraised Value excluding these release parcels would be $207,357,496 resulting in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 41.0%.

With respect to Loan No. 11, Crescent Center, the Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) were calculated using the “Hypothetical As-Is” appraised value, which assumes a $1,200,000 million upfront reserve for free rent and $500,000 upfront reserve for future TI/LC costs.

With respect to Loan No. 32, Hyatt Place Baltimore Owings Mills, the Appraised Value of $12,000,000 represents the prospective market value upon completion based on the assumption that the improvements corresponding to monies in the PIP Reserve are fully completed. Based on the "as-is" market value of $8,300,000, the Cut-off Date LTV and Maturity Date LTV / ARD (%) are 75.9%.

(6 – Original Balance ($), Cut-off Date Balance ($), Maturity / ARD Balance ($))

For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Cut-off Date Balance ($) and Maturity / ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation.

●

Loan No. 5, 33 West State Street and 50 East State Street

●

Loan No. 7, ExchangeRight Net Leased Portfolio #66

●

Loan No. 18, OPI Portfolio

●

Loan No. 21, Bridgeview Student Housing Portfolio

●

Loan No. 22, Rosenberg Multifamily Portfolio

●

Loan No. 23, Conway Multifamily Portfolio II

●

Loan No. 27, Bala Plaza Portfolio

A-1-23

(7 – Original Balance ($), Cut-off Date Balance ($), Maturity / ARD Balance ($))

The Original Balance ($), Cut-off Date Balance ($), and Maturity / ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled “Whole Loan Summary” and “Whole Loan Controlling Notes and Non-Controlling Notes” in “Description of the Mortgage Pool—The Whole Loans” in the prospectus.

●

Loan No. 1, Tysons Corner Center

●

Loan No. 2, Elmwood Shopping Center

●

Loan No. 4, Galleria at Tyler

●

Loan No. 5, 33 West State Street and 50 East State Street

●

Loan No. 6, Piazza Alta

●

Loan No. 11, Crescent Center

●

Loan No. 12, Staten Island Mall

●

Loan No. 15, Garden State Plaza

●

Loan No. 18, OPI Portfolio

●

Loan No. 24, DoubleTree by Hilton Hotel Orlando at SeaWorld

●

Loan No. 27, Bala Plaza Portfolio

(8 – Administrative Fee Rate (%))

The Administrative Fee Rate % includes the Servicing Fee, the Operating Advisor Fee, the Certificate Administrator/Trustee Fee, the Asset Representations Reviewer Fee and the CREFC® Intellectual Property Royalty License Fee applicable to each mortgage loan.

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, as to which one note is being sold by SMC (with an outstanding principal balance of $30,250,000) and one note is being sold GSMC (with an outstanding principal balance of $30,250,000), the Administrative Fee Rate reflects the weighted average of the Administrative Fee Rates on the notes. The Administrative Fee Rate on the portion of the mortgage loan being sold by (i) SMC is 0.06358% and (ii) GSMC is 0.03358%.

With respect to Loan No. 15, Garden State Plaza, as to which one note is being sold by GSMC (with an aggregate outstanding principal balance of $10,000,000) and one note is being sold by GACC (with an outstanding principal balance of $15,000,000), the Administrative Fee Rate reflects the weighted average of the Administrative Fee Rates on the notes. The Administrative Fee Rate on the portion of the mortgage loan being sold by (i) GSMC is 0.02658% and (ii) GACC is 0.01658%.

(9 – Monthly Debt Service Amount)

For the mortgage loans with an interest-only period that accrues interest on an Actual/360 basis, the Monthly Debt Service (IO) ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.

(10 – Grace Period - Late Fee (Days))

With respect to Loan No. 7, ExchangeRight Net Leased Portfolio #66, a Grace Period – (Default) and a Grace Period (Late Payment) of five days is permitted.

With respect to Loan No. 29, Knightsbridge and Sheffield House Apartments, a Grace Period (Late Payment) of five days is allowed prior to the lender assessing any late fees.

(11 – ARD Loan)

A-1-24

(12 – Prepayment Provisions)

The “L” component of the prepayment provision represents lockout payments.

The “D” component of the prepayment provision represents defeasance payments.

The “YM” component of the prepayment provision represents yield maintenance payments.

The “O” Component of the prepayment provision represents the free payments including the Maturity Date.

Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in the prospectus.

With respect to Loan No. 1, Tysons Corner Center, the lockout period will be at least 26 payment dates beginning with and including the first payment date in January 2024. Defeasance or prepayment (with a yield maintenance premium if prior to the monthly payment date in June 2028) of the Tysons Corner Center whole loan in whole but not in part is permitted after the date that is earlier of (i) two years from the closing date of the securitization that includes the last note of the Tysons Corner Center whole loan to be securitized and (ii) the monthly payment date occurring in December 2026. The assumed defeasance lockout period of 26 payments is based on the anticipated closing date of the BMO 2024-5C3 securitization trust in February 2024. The actual lockout period may be longer.

With respect to Loan No. 2, Elmwood Shopping Center, the borrower at any time may obtain a release of the lien of the related security instrument with respect to a certain portion of the Elmwood Shopping Center Property (the “Release Parcel”) without payment of a release price provided that, among other things, (i) no event of default has occurred and is continuing; (ii) the Release Parcel and the portion of the Elmwood Shopping Center Property remaining after giving effect to such release (the “Remaining Property”) constitutes one or more separate legal lots and tax parcels, and that such Remaining Property complies with applicable zoning laws, ordinances, land use and other governmental rules and regulations and other applicable legal requirements; (iii) the borrower delivers a rating agency confirmation, if required by the lender; and (iv) if at the time of the release, the Elmwood Shopping Center Whole Loan is included in a REMIC trust and the loan-to-value ratio of the Remaining Property would exceed 125% immediately after the release, the borrower will be required to pay down the principal balance of the loan by a qualified amount, unless the lender receives an opinion that, if the foregoing payment requirement is not followed, the applicable REMIC trust will not fail to maintain its status as a REMIC trust as a result of such release.

With respect to Loan No. 2, Elmwood Shopping Center, the borrower has the option to prepay the Elmwood Shopping Center whole loan in whole but not in part (i) on or after the payment date occurring in July 2028 without the payment of any prepayment premium or (ii) at any time prior with the payment of a yield maintenance premium.

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, the borrower may obtain a release of the portion of the mortgaged property subject to a ground lease for no value. Such ground leased parcel contains a maintenance building and certain ancillary storage buildings – none of which were given any value in the appraisal. Such partial release is conditioned on, amongst other things, any support facilities located on the release property and reasonably necessary for the operation of the remaining mortgaged property being satisfactorily relocated on the remaining mortgaged property and the partial release having no adverse REMIC impact.

With respect to Loan No. 4, Galleria at Tyler, the lockout period will be at least 25 payment dates beginning with and including the first payment date in February 2024. Defeasance of the Galleria at Tyler whole loan in full is permitted at any time after the earlier to occur of (i) December 13, 2026 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The

A-1-25

assumed lockout period of 25 months is based on the anticipated closing date of the BMO 2024-5C3 securitization trust in February 2024. The actual lockout period may be longer.

With respect to Loan No. 4, Galleria at Tyler, the borrower may obtain the release of (A) one or more vacant, non-income producing and unimproved (or improved only by landscaping, surface parking or utility facilities that are either readily re-locatable or will continue to serve the Galleria at Tyler Property) parcels (including “air rights” parcels) or outlots (provided, however, that this condition will not apply to any Galleria at Tyler Expansion Parcels (as defined below), or (B) any Galleria at Tyler Acquired Parcels (as defined below), including, if applicable, any Anchor parcel, upon satisfaction of specified conditions including, among other things, that (i) there is no event of default, (ii) the borrower delivers evidence that the parcel subject to release is not necessary for the borrower’s operation or use of the remaining Galleria at Tyler Property and may be readily separated from the Galleria at Tyler Property without a material diminution in value, (iii) the parcel subject to release has been legally subdivided, and after giving effect to such transfer, the release parcel and the remaining Galleria at Tyler Property conform to legal requirements and constitute separate tax lots (or all action has been taken to effectuate the same), (iv) the parcel subject to the release is not necessary for the remaining portion of the Galleria at Tyler Property to comply with zoning or legal requirements, (v) receipt of a rating agency confirmation from the applicable rating agencies (provided that such confirmation will not be required for release of a Galleria at Tyler Expansion Parcel or if the rating agency has waived review or failed to respond within 30 days to a request for such confirmation), and (vi) the release will not result in a loan-to-value ratio that does not comply with REMIC guidelines, provided that the borrower may prepay the Galleria at Tyler whole loan to meet such condition, with payment of a yield maintenance premium calculated based upon the amount prepaid, unless the borrower receives an opinion of counsel that the issuing entity will not fail to maintain its status as a REMIC trust as a result of the release of the release parcel. The borrower is also permitted to obtain the release of collateral parcels (each, a “Galleria at Tyler Exchange Parcel”) from the lien of the mortgage in exchange for the substitution of new parcels in which the borrower acquires a fee or leasehold interest (each, a “Galleria at Tyler Acquired Parcel”) as collateral for the Galleria at Tyler whole loan upon 20 days’ prior notice, subject to the satisfaction of certain conditions, including among other things, that: (i) the Galleria at Tyler Exchange Parcel (unless it is a Galleria at Tyler Expansion Parcel) is vacant, non-income producing and unimproved or improved only by landscaping, surface parking or utility facilities that are readily re-locatable or that will continue to serve the Galleria at Tyler Property (and the borrower is able to make certain zoning representations as to the Galleria at Tyler Acquired Parcel to the same extent as made with respect to the Galleria at Tyler Exchange Parcel), (ii) the Galleria at Tyler Acquired Parcel is reasonably equivalent in value to the Galleria at Tyler Exchange Parcel, as established by a letter of value from the appraiser which appraised the Galleria at Tyler Galleria at Tyler Property or an appraiser of comparable experience selected by the borrower, (iii) with respect to the Galleria at Tyler Acquired Parcel, the borrower has delivered, among other things (a) unless the Galleria at Tyler Acquired Parcel is already covered by the environmental report delivered at origination, an environmental report indicating no hazardous substances except for nominal amounts (except as permitted under clause (d) below), (b) security documents creating a mortgage lien on the Galleria at Tyler Acquired Parcel, and title insurance, (c) if the Galleria at Tyler Acquired Parcel is improved, subject to certain exceptions, a property condition report indicating that the Galleria at Tyler Acquired Parcel is in good condition, and (d) if repairs are recommended by the property condition report or if the environmental report discloses the presence of hazardous materials at the Galleria at Tyler Acquired Parcel, and the cost of such repairs or remediation is likely to exceed 10% of the original principal balance of the Galleria at Tyler whole loan, cash or an indemnity from the guarantor, certain of its affiliates, or an entity otherwise meeting ratings or financial tests set forth in the Galleria at Tyler whole loan documents, in an amount equal to 125% of any estimated repairs or remediation costs, as applicable, (e) the loan-to-value ratio (after giving effect to such substitution) is equal to or less than 125% (in compliance with REMIC guidelines), provided that the borrower may prepay the Galleria at Tyler whole loan in order to meet such condition, with payment of a yield maintenance premium calculated based upon the amount prepaid, unless the borrower receives an opinion of counsel that the issuing entity will not fail to maintain its status as a REMIC trust as a result of the substitution and (f) the lender has received a rating agency confirmation from the applicable rating

A-1-26

agencies, unless the applicable rating agency declines or fails to respond to the request for such confirmation.

With respect to Loan No. 7, ExchangeRight Net Leased Portfolio #66, provided no event of default has occurred or is continuing, the borrower has the right, at any time after the date that is the earlier to occur of (a) the third anniversary of the origination date of the ExchangeRight Net Leased Portfolio #66 mortgage loan, and (b) the date that is two years after the closing date of the BMO 2024-5C3 securitization to obtain the release of any one or more individual properties, provided that certain conditions are satisfied, including, but not limited to, the following: (i) payment of release price which is the greater of (a) 115% of the allocated loan amount with respect to such individual property and (b) 90% of net sales proceeds from such individual property; (ii) the debt service coverage ratio must be greater than the greater of (a) the debt service coverage ratio immediately prior to the release and (b) 2.10x; and (iii) the debt yield of the remaining properties must be greater than the greater of (a) the debt yield immediately prior to the release and (b) 12.89%.

With respect to Loan No. 8, 61 S Paramus Road, a borrower may obtain the release of the Release Parcel (as defined below) from the lien of the mortgage without the requirement of a prepayment or partial defeasance in connection with the sale or transfer of the Release Parcel (a “Partial Release Event”) upon borrower's satisfaction of each of the following conditions, including but not limited to: (a) both immediately before such Partial Release Event and immediately thereafter, no event of default is continuing; (b) the borrower provides not less than 30 days’ prior written notice to the lender specifying that the Partial Release Event will occur; (c) in conjunction with the Partial Release Event which is undertaken after a securitization of the loan, the borrower is required, if requested by lender, to deliver an opinion of counsel for the borrower opining, among other things if reasonably required by the lender, that any REMIC trust formed pursuant to a securitization will not fail to maintain its status as a "real estate mortgage investment conduit" within the meaning of Section 860D of the Internal Revenue Code as a result of such Partial Release Event and (d) the Partial Release Event may not occur 60 days prior to or 60 days after the date a securitization has occurred. “Release Parcel” means all or a portion of the land comprised of approximately 3.29 acres of the existing parking lot.

With respect to Loan No. 11, Crescent Center, defeasance of the Crescent Center whole loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the Crescent Center whole loan to be securitized and (b) September 22, 2026. The assumed prepayment lockout period of 28 payments is based on the closing date of the BMO 2024-5C3 transaction in February 2024. The actual lockout period may be longer.

With respect to Loan No. 12, Staten Island Mall, the lockout period will be at least 24 payment dates beginning with and including the first payment date in March 2024. Defeasance of the Staten Island Mall whole loan in full (but not in part) is permitted after the date that is earlier of (i) January 18, 2027 and (ii) two years from the closing date of the BMO 2024-5C3 transaction. The assumed defeasance lockout period of 24 payments is based on the expected BMO 2024-5C3 securitization trust closing date in February 2024. The actual lockout period may be longer. The Staten Island Mall whole loan may be partially prepaid at any time to cure a trigger period, provided that any prepayment prior to the payment date occurring in August 2028 will be subject to payment of the yield maintenance premium and any prepayment made on a date other than a payment date will be subject to payment of interest shortfall.

With respect to Loan No. 15, Garden State Plaza, voluntary prepayment with yield maintenance or defeasance of the whole loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last portion of the Garden State Plaza whole loan to be securitized and (b) December 11, 2026. The assumed defeasance lockout period of 25 payments is based on the closing date of the BMO 2024-5C3 securitization trust in February 2024. The actual lockout period may be longer.

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With respect to Loan No. 24, DoubleTree by Hilton Hotel Orlando at SeaWorld, the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan may be voluntarily prepaid in whole beginning at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan to be securitized and (b) November 30, 2026, with the payment of a yield maintenance premium if such prepayment occurs prior to the payment date in June 2028. In addition, defeasance of the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the DoubleTree by Hilton Hotel Orlando at SeaWorld whole loan to be securitized and (b) November 30, 2026. The assumed lockout period of 26 payments is based on the anticipated closing date of the BMO 2024-5C3 securitization trust in February 2024. The actual lockout period may be longer.

With respect to Loan No. 27, Bala Plaza Portfolio, provided that no trigger period is continuing under the Bala Plaza Portfolio whole loan documents, at any time prior to the maturity date, except during the period commencing (a) sixty days prior to an anticipated securitization of the Bala Plaza Portfolio whole loan and ending (b) sixty days after the Bala Plaza Portfolio whole loan has been sold to such securitization, the borrowers may obtain the release of one or more individual Bala Plaza Portfolio properties in connection with an arms-length sale of such Bala Plaza Portfolio property to a third party unaffiliated with any borrower, provided that, among other conditions: (i) the borrowers prepay the debt in an amount equal to the greater of (a) 125% of the allocated loan amount for the individual Bala Plaza Portfolio property, and (b) 100% of the net sales proceeds applicable to such individual Bala Plaza Portfolio property, (ii) the borrowers have delivered a REMIC opinion, (iii) any conditions to such partial release under the Bala Plaza Portfolio mezzanine Loan (as hereinafter defined) documents have been satisfied, or the Bala Plaza Portfolio mezzanine Loan has been fully repaid, (iv) as of the date of notice of the partial release and the consummation of the partial release, after giving effect to the release, the debt service coverage ratio with respect to the remaining Bala Plaza Portfolio properties is greater than the greater of (a) the debt service coverage ratio as of the origination of the Bala Plaza Portfolio whole loan, and (b) the debt service coverage ratio for all of the Bala Plaza Portfolio properties immediately prior to the date of notice of the partial release or the consummation of the partial release, as applicable, (v) as of the date of notice of the partial release and the consummation of the partial release, after giving effect to the release, the debt yield with respect to the remaining Bala Plaza Portfolio properties is equal to or greater than the greater of (a) the debt yield as of the origination of the Bala Plaza Portfolio whole loan, and (b) the debt yield for all of the Bala Plaza Portfolio properties immediately prior to the date of notice of the partial release or the consummation of the partial release, as applicable, and (vi) as of the date of notice of the partial release and the consummation of the partial release, after giving effect to the release, the loan-to-value ratio with respect to the remaining Bala Plaza Portfolio properties is no greater than the lesser of (a) the loan-to-value ratio as of the origination of the Bala Plaza Portfolio whole loan, and (b) the loan-to-value ratio for all of the Bala Plaza Portfolio properties immediately prior to the date of notice of the partial release or the consummation of the partial release, as applicable.

With respect to Loan No. 27, Bala Plaza Portfolio, provided that no trigger period is continuing under the related Bala Plaza Portfolio whole loan documents, at any time prior to the maturity date, except during the period commencing (a) sixty days prior to an anticipated securitization of the Bala Plaza Portfolio whole loan and ending (b) sixty days after the Bala Plaza Portfolio whole loan has been sold to such securitization, the borrowers may obtain the release of one or more parcels of land within the boundary of the Bala Plaza Portfolio properties that (x) does not include any portion of any of the portions of the Bala Plaza Portfolio properties indicated in the diagrams attached as Schedule V to the Bala Plaza Portfolio whole loan agreement, (y) is separately subdivided, and (z) complies with the requirements of the development agreement encumbering the Bala Plaza Portfolio properties, provided that, among other conditions: (i) the borrowers have delivered a REMIC opinion, and (ii) any conditions to such partial release under the Bala Plaza Portfolio mezzanine loan documents have been satisfied, or the Bala Plaza Portfolio mezzanine loan has been fully repaid.

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(13 – Future Additional Debt Permitted (Y/N), Additional Debt Exist (Y/N), Future Debt Permitted Type)

Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Indebtedness—Existing Mezzanine Debt,” “—Preferred Equity and Preferred Return Arrangements” and “Certain Legal Aspects of the Mortgage Loans” in the prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future.

With respect to Loan No. 6, Piazza Alta, concurrently with the origination of the Piazza Alta mortgage loan, a $126.1 million mezzanine loan was originated, secured by, among other things, the pledge of the direct equity interest in the Piazza Alta borrower. The mezzanine loan accrues interest at a rate of 10.50000% per annum and requires interest-only payments through the full term of the mezzanine loan. With respect to the mezzanine loan, on each payment date, the mezzanine borrower is required to pay an amount equal to the monthly debt service amount of $905,614, based on the current pay rate of 8.50000% per annum. In addition, (1) if any additional amount derived from the mortgaged property is then available pursuant to the Piazza Alta whole loan documents, then such amount will be applied to the monthly debt service (accrual component) (2.0000% per annum), and then (2) if any additional amount derived from the mortgaged property is then available pursuant to the Piazza Alta whole loan documents, then such amount will be applied to the aggregate accrual component (any monthly debt service (accrual component) that has not been paid due to insufficient cash flow and added to the mezzanine loan) then outstanding. The $126.1 million mezzanine loan is not included in the BMO 2024-5C3 securitization trust.

With respect to Loan No. 27, Bala Plaza Portfolio, concurrently with the origination of the Bala Plaza Portfolio whole loan, Bala Plaza, Inc. originated a mezzanine loan (the “Bala Plaza Portfolio Mezzanine Loan”) in the amount of $30,000,000 to be secured by the mezzanine borrowers’ interests in the borrowers. The Bala Plaza Portfolio Mezzanine Loan accrues interest at a rate of 5.0000% per annum to be paid as part of each monthly debt service payment amount. The Bala Plaza Portfolio Mezzanine Loan has a final maturity date of November 6, 2028. An intercreditor agreement between the lender under the Bala Plaza Portfolio whole loan and the lender under the Bala Plaza Portfolio Mezzanine Loan was executed simultaneously with the origination of the Bala Plaza Portfolio Mezzanine Loan.

With respect to Loan No. 29, Knightsbridge and Sheffield House Apartments, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio does not exceed 70.1%, (y) the combined debt service coverage ratio is greater than 1.21x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender, and (iii) receipt of a rating agency confirmation from each applicable rating agency.

With respect to Loan No. 34, Lenox Hill Mixed Use, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio does not exceed 62.7%, (y) the combined debt service coverage ratio is greater than 1.23x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender, and (iii) receipt of a rating agency confirmation from each applicable rating agency.

(14 – Underwritten NOI DSCR (x), Underwritten NCF DSCR(x))

The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Whole Loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the origination date during the term of the mortgage loan.

With respect to Loan No. 28, 35 Kingston Avenue, the UW NCF DSCR of 1.22x assumes a stabilized underwritten vacancy of 3.0% versus an in-place economic vacancy of 9.4%. Assuming the in-place economic vacancy, the UW NCF DSCR would be 1.14x. At origination, the borrower deposited into escrow $800,000 in connection with the leasing of the two unleased units at the mortgaged property.

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(15 – Underwritten Capital Items)

In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing.

With respect to Loan No. 11, Crescent Center, a $100,000 credit to tenant improvements and leasing commissions has been underwritten, reflecting 1/5^th of the TI/LC deposit at origination.

With respect to Loan No. 25, Riveredge Industrial, the TI/LC Cap ($) is equal to $375,000. If the TI/LC Reserve falls below the cap, the Monthly TI/LC Reserve of $5,687 would apply and be collected.

With respect to Loan No. 30, Millstone Towne Center, the TI/LC Cap ($) is equal to $185,000. If the TI/LC Reserve falls below the cap, the Monthly TI/LC Reserve of $3,885 would apply and be collected.

(16 – Historical Financials)

With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction.

With respect to Loan No. 6, Piazza Alta, historical financials are not available as the mortgaged property was built in several stages from 2022 to 2023.

With respect to Loan No. 7, ExchangeRight Net Leased Portfolio #66 historical cash flows are not available due to the acquisition of the ExchangeRight Net Leased Portfolio #66 properties at origination of the ExchangeRight Net Leased Portfolio #66 mortgage loan.

With respect to Loan No. 10, 333 South Spruce Street, the historical cash flows are not available as the mortgaged property was acquired in December 2023.

With respect to Loan No. 19, Capital Crossings Apartments, historical financial information prior to 2022 is not available due to the recent development of the mortgaged property since being acquired on February 2022.

With respect to Loan No. 21, Bridgeview Student Housing Portfolio, the mortgaged property does not have historical financials because the Texas Christian University Master Lease at the Liberty Lofts property commenced on August 1, 2023 and rent steps begin at the beginning of the Texas Christian University school year.

With respect to Loan No. 28, 35 Kingston Avenue, historical financial information is not available due to the recent development of the mortgaged property.

With respect to Loan No. 31, 785 Fairmount Place, historical financial information is not available due to the recent development of the mortgaged property.

With respect to Loan No. 33, 2136 Bedford Avenue, historical financial information is not available due to the recent development of the mortgaged property.

With respect to Loan No. 34, Lenox Hill Mixed Use, historical financial information is not available as the mortgaged property was acquired in September 2022 and went through renovations from late 2022 until early 2023.

(17 – Title Type)

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, the mortgage loan is secured in part by the borrower’s leasehold interest in a 0.68-acre parcel under a ground lease for a maintenance shed with the neighboring homeowner’s association. The ground lease is currently scheduled to expire on August 11, 2076 and requires ground rent payments equal to $1.00 per annum. The ground lease has two 99-year renewal options with no rental increases. The borrower and the borrower sponsors are liable for losses

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resulting from any failure to pay ground rent as required under the ground lease or if the ground lease terminates or expires for any reason during the term of the mortgage loan.

(18 – Upfront Escrows)

Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents.

With respect to Loan No. 10, 333 South Spruce Street, the borrower posted a letter of credit issued by East West Bank in lieu of a cash deposit for the security deposit reserve.

With respect to Loan No. 15, Garden State Plaza, at origination, the borrower was required to fund $27,864,885.70 into a reserve for tenant improvements and leasing commissions and deposited $215,092.91 for gap rent. In lieu of making upfront cash deposits into the related reserve accounts, the borrower provided reserve guaranties pursuant to the terms and conditions of the related loan agreement.

With respect to Loan No. 21, Bridgeview Student Housing Portfolio, the lender reserved $1,089,000 in an upfront rent replication reserve. The lender will release $181,500 of the upfront reserve each month between March 2024 through August 2024. Texas Christian University has the ability to pay its full annual rent on August 11th of each lease year. To the extent Texas Christian University pays the full year’s rent in advance, the lender has the right to reserve 100% of the upfront rent payment and release it monthly.

With respect to Loan No. 28, 35 Kingston Avenue, at origination, the borrower deposited into escrow $800,000 in connection with the leasing of the two unleased units at the mortgaged property. Such funds may be released to the borrower, upon the satisfaction of certain conditions, including, but not limited to, (i) the borrower providing evidence that the mortgaged property is 100% occupied, (ii) the lender receiving approval documentation from the New York City Family Homelessness and Eviction Prevention Supplement program for all seven affordable units at the mortgaged property and (iii) the debt service coverage ratio (as calculated by the lender utilizing trailing one-month income annualized and underwritten expenses equal to $105,303) being equal to or greater than 1.22x.

(19 – Monthly Escrows)

Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents.

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, the borrower is required to make monthly deposits into the FF&E reserve account in an amount equal to 1/12th of 4% of the annual gross revenues of the mortgaged property, initially $127,029.

With respect to Loan No. 3, Margaritaville Lake of the Ozarks, on a monthly basis in July, August, September and October of each year, the borrower is required to deposit $750,000, subject to a cap of $3,000,000. The lender is required to disburse $600,000 from a seasonality reserve to the borrower on each monthly payment date in November, December, January, February and March.

With respect to Loan No. 4, Galleria at Tyler, during the continuance of a cash management period or from and after a general reserve disbursement date, on each payment date thereafter, the borrower is required to escrow approximately $17,449 for monthly replacement reserves.

With respect to Loan No. 4, Galleria at Tyler, during the continuance of a cash management period from and after the general reserve disbursement date, the borrower is required to deposit, on a monthly basis,

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(A) 1/12th of the taxes and (B) 1/12th of the insurance premiums that the lender reasonably estimates will be payable during the next ensuing 12 months. With respect to the insurance reserve deposits, the lender will waive the requirements for insurance deposits if (i) the borrower maintains insurance pursuant to a blanket policy and premiums have been paid at least 30 days prior to the date on which such payment would become delinquent and (ii) no event of default is continuing.

With respect to Loan. No. 6, Piazza Alta, on a monthly basis, the borrower is required to escrow 1/12th of the taxes that the lender estimates will be payable during the next 12 months in order to accumulate sufficient funds to pay all such taxes (including, until the occurrence of a Tax Parcel Event (as defined below), taxes attributable to the non-collateral Unit 2 as described under “Description of the Mortgage Pool—Statistical Characteristics of the Mortgage Loans—Condominium Interests and Other Shared Interests” in the Preliminary Prospectus, which is part of a shared tax lot with the mortgaged property) at least 30 days prior to their respective due dates. Currently, the borrower is required to pay $19,042 for taxes attributed to the mortgaged property, representing Unit 1 of the condominium regime. As of the date of origination, the borrower has represented to the lender that it has taken the necessary steps (including filing the paperwork and the payment of all fees) with the appropriate governmental authorities for the Tax Parcel Event to occur no later than 30 days from origination. The borrower is required to (i) periodically update the lender with respect to any progress made towards achieving the Tax Parcel Event, (ii) promptly provide the lender with any correspondence relating to the Tax Parcel Event and (iii) immediately notify the lender upon the occurrence of the Tax Parcel Event and deliver to the lender evidence in form and substance satisfactory to the lender of the occurrence of the Tax Parcel Event. A “Tax Parcel Event” will occur upon (i) Unit 2 being a separate tax lot and not a part of any tax lot of the mortgaged property and not included in the tax bills for the mortgaged property and (ii) the mortgaged property being comprised of one or more parcels with separate tax lots and not being comprised of a portion of any other tax lot that is not a part of the mortgaged property.

With respect to Loan No. 6, Piazza Alta, on a monthly basis, the borrower is required to escrow 1/12th of the insurance premiums that the lender estimates will be payable for the renewal of coverage afforded by the polices upon the expiration in order to accumulate with the lender sufficient funds to pay all such insurance premiums at least 30 days prior to the expiration. The borrower will not be required to make monthly insurance deposits so long as (i) no event of default has occurred and is continuing, (ii) the borrower provides the lender evidence of renewal of the policies, (iii) the borrower provides the lender with paid receipts evidencing payment of the insurance premiums by no later than 10 business days prior to the expiration dates of the policies, and (iv) there is on deposit in the tax and insurance subaccount with respect to insurance premiums an amount equal to no less than the Static Insurance Reserve Amount (as defined below) (the foregoing clauses (i) through (iv) are collectively referred to as the “Insurance Premium Waiver Conditions”). In the event the Insurance Premium Waiver Conditions are no longer satisfied, the borrower will commence making all monthly insurance deposits as required pursuant to the Piazza Alta whole loan documents. Additionally, so long as the mortgaged property is insured under a blanket insurance policy the borrower will not be required to make monthly insurance deposits into the tax and insurance subaccount. As of the date of origination, the mortgaged property is insured under a blanket insurance policy. Notwithstanding the above, in the event that such blanket insurance policy is no longer in effect, the borrower will be required to escrow $144,517 (the “Static Insurance Reserve Amount”). In accordance with the Piazza Alta whole loan documents, the lender may from time to time, upon written notice to the borrower, increase the Static Insurance Reserve Amount required to reflect any increases in the insurance premiums for the coverages afforded by the policies on a stand-alone basis, such that the Static Insurance Reserve Amount is not less than three months of the insurance premiums that the lender reasonably estimates will be payable for the renewal of coverage afforded by the policies on a stand-alone basis.

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With respect to Loan No. 6, Piazza Alta, commencing on the payment date occurring in November 2025 and continuing for each payment thereafter, the borrower is required to escrow $2,926 for tenant improvements and leasing costs. Additionally, the borrower is required to pay any lease termination payments received from non-residential tenants to the lender for transfer into the tenant improvement and leasing subaccount.

With respect to Loan No. 6, Piazza Alta, on each monthly payment date, the borrower is required to deposit an amount equal to the monthly amount (currently estimated at $3,250 per month) as set forth in the approved operating budget for common charges payable on such payment date (plus any other amounts that may be due for common charges which are not included in the approved operating budget) in order to accumulate with the lender sufficient funds to pay all common charges during the next three months prior to their respective due dates.

With respect to Loan No. 9, 111 West 19th Street, the borrower deposited on the closing date, an amount equal to approximately $3,384,905 into a building improvements reserve account. In the event the borrower enters into a lease with Ripple Labs Inc. (“Ripple”) prior to April 1, 2024 and provided no trigger period has occurred and continuing, the lender will (i) transfer a portion of building improvements reserve funds then on deposit in the building improvements reserve account to the leasing reserve account so that the balance of the leasing reserve account equals $4,000,000 and (ii) retain in the building improvements reserve account an amount equal to $966,000 representing the free rent credit anticipated to be owed by the borrower to Ripple.

With respect to Loan No. 11, Crescent Center, if the balance in the Simmons Bank free rent reserve is less than $475,750 on October 1, 2025, the borrower is required to deposit the amount necessary to cause the balance of funds in the reserve account to equal $475,750.

With respect to Loan No. 17, University Shoppes, during the continuance of a Major Tenant Event Period (as defined in the mortgage loan documents), all excess cash flow funds are required to be held by the lender in a reserve account for the re-tenanting costs incurred with re-tenanting the related major tenant space up to a reserve cap equal to $800,000.

With respect to Loan No. 18, OPI Portfolio, on each monthly payment date during a cash management trigger event period, the borrowers are required to deposit an amount sufficient to pay all taxes at least 30 days prior to their respective due dates. The borrowers’ obligation to make monthly tax deposits with respect to the mortgaged properties is waived for so long as, and to the extent that, (i) no event of default under the mortgage loan has occurred and is continuing, (ii) each mortgaged property is subject to a lease covering the entirety of such mortgaged property that requires the sole tenant thereunder to pay all taxes applicable to such mortgaged property directly to the applicable governmental authorities, (iii) the lease for such mortgaged property is in full force and effect and has not expired or terminated, (iv) no default under the lease for such mortgaged property has occurred and is continuing beyond applicable notice and cure periods, (v) the tenant under the lease for such mortgaged property is timely paying all taxes directly to the appropriate governmental authority in accordance with the terms of such lease and (vi) the borrowers deliver evidence reasonably satisfactory to the lender of such timely payment of all of the taxes for such mortgaged property.

With respect to Loan No. 18, OPI Portfolio, the borrowers are required to deposit (i) approximately $220 on each monthly payment date to maintain required flood insurance and (ii) on each monthly payment date during a cash management trigger event period, an amount sufficient to pay all insurance premiums for the purchase and/or renewal of insurance policies covering the mortgaged properties at least 30 days prior to the expiration of such policies. If all of the required insurance coverages for any OPI Portfolio mortgaged property is provided through an approved blanket policy, the borrowers are not required to make deposits on account of insurance premiums for such mortgaged property; provided that (i) such blanket policy is maintained in full force and effect, (ii) the insurance premiums for such blanket policy are not paid in installments or financed and (iii) not less than 15 days prior to the expiration date of such blanket policy, the borrowers provide the lender with (a) a certificate of insurance evidencing (1) the renewal of such blanket policy or (2) a new blanket policy approved by the lender and (b) evidence reasonably satisfactory of the payment in full of the insurance premiums then due thereunder.

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With respect to Loan No. 18, OPI Portfolio, on each monthly payment date during a cash management trigger event period, the borrowers are required to deposit approximately $10,064 for capital expenditures.

With respect to Loan No. 18, OPI Portfolio, on each monthly payment date commencing after the lease with either (i) Primerica Life Insurance Company at the 1 Primerica Parkway mortgaged property or (ii) GSA - Veterans Benefits Administration at the 701 Clay Road mortgaged property, respectively, has been terminated or is no longer in full force and effect, the borrowers are required to deposit $90,578 to pay for tenant allowances, tenant improvements and leasing commissions, subject to a cap of $2,173,883 if no cash management trigger period is continuing. If a cash management trigger period is not in effect, the borrowers may (x) deposit $2,173,883 to suspend the monthly rollover deposit obligation or (y) in lieu of a cash deposit, deliver a letter of credit with the face amount equal to $2,173,883.

With respect to Loan No. 18, OPI Portfolio, on each monthly payment date during a material tenant trigger event period, the borrowers are required to deposit the monthly material tenant deposit for tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrowers in connection with leasing material tenant space pursuant to qualified leases. If no other cash management trigger event or cash sweep trigger event has occurred and is continuing, the borrowers are permitted to suspend a material tenant trigger event by either (x) depositing cash in an amount equal to 12 months of anticipated monthly material tenant deposits or (y) delivering a letter of credit with the face amount equal to 12 months of anticipated monthly material tenant deposits. Such deposit of cash or a letter of credit will be sufficient to suspend a material tenant trigger event only for a period of 12 months, after which monthly material tenant deposits are required to continue unless additional cash deposits are made or another letter of credit is delivered, as the case may be, in lieu of such monthly material tenant deposits.

With respect to Loan No. 24, DoubleTree by Hilton Hotel Orlando at SeaWorld, the borrower deposited approximately $81,403 into a seasonality reserve at origination. On each monthly payment date thereafter, other than the payment dates occurring in August and September of each year, the borrower is required to deposit approximately $81,403 into the seasonality reserve. The seasonality reserve is subject to adjustment such that it funds a "Seasonality Shortfall Amount" equal to, as of any date of calculation, the product of (i) the amount, if any, by which gross income from operations with respect to the immediately preceding 12-month period was deficient for purposes of paying debt service for such period, multiplied by (ii) 1.10.

With respect to Loan No. 25, Riveredge Industrial, the borrower is required to deposit into an insurance reserve on a monthly basis 1/12th of the amount that will be sufficient to pay the insurance premiums due for the renewal of coverage afforded by such policies; provided, however, such insurance reserve has been conditionally waived so long as (i) no event of default having occurred or continuing, (ii) the policies maintained by the borrower covering the property being part of a blanket or umbrella policy approved by the lender in its reasonable discretion pursuant to the mortgage loan documents, (iii) the borrower providing the lender with evidence of renewal of such policies pursuant to the mortgage loan documents, and (iv) the borrower providing the lender with paid receipts for the payment of the insurance premiums within 10 business days prior to the expiration dates of the policies.

With respect to Loan No. 30, Millstone Towne Center, the borrower is required to deposit into an insurance reserve on a monthly basis 1/12th of the amount that will be sufficient to pay the insurance premiums due for the renewal of coverage afforded by such policies; provided, however, such insurance reserve has been conditionally waived so long as (i) no event of default having occurred or continuing, (ii) the policies maintained by the borrower covering the property being part of a blanket or umbrella policy being approved by the lender in its reasonable discretion pursuant to the mortgage loan documents, (iii) the borrower providing the lender with evidence of renewal of such policies pursuant to the mortgage loan documents, and (iv) the borrower providing the lender with paid receipts for the payment of the insurance premiums within 10 business days prior to the expiration dates of the policies.

With respect to Loan No. 32, Hyatt Place Baltimore Owings Mills, the mortgaged property is subject to a PIP consisting of renovations to the guestrooms, bathrooms, lobby area, corridors, lounge and bar area,

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meeting room and other common areas, which are estimated to cost $3,488,101. On the origination date, the borrower deposited $3,488,101 into a reserve account in connection with such renovations.

With respect to Loan No. 32, Hyatt Place Baltimore Owings Mills, the borrower deposited approximately $21,500 into a seasonality reserve at origination. If the balance of the seasonality reserve falls below $21,500 following the November payment date for each calendar year during the term of the mortgage loan, then an excess cashflow sweep will go into effect. Once the balance of the seasonality reserve is $21,500, all excess cashflow sweep and monthly collections related to the seasonality reserve will be suspended. The borrower will have an annual right to resize the amount of the seasonality reserve based on the prior twelve-month performance of the mortgaged property.

With respect to Loan No. 36, Sunshine Storage, on each monthly payment date, the borrower is required to deposit an amount equal to 1/12th of the insurance premiums that the lender reasonably estimates will be payable for the renewal of the coverages afforded by the policies upon the expiration thereof in order to accumulate sufficient funds to pay all such insurance premiums at least 30 days prior to the expiration of the policies. If all of the required insurance coverages are provided through an approved blanket policy, the borrower is not required to make deposits on account of insurance premiums; provided that (i) such blanket policy is maintained in full force and effect, (ii) the insurance premiums for such blanket policy are not paid in installments or financed and (iii) not less than 15 days prior to the expiration date of such blanket policy, the borrower provides the lender with (a) a certificate of insurance evidencing (1) the renewal of such blanket policy or (2) a new blanket policy approved by the lender and (b) evidence reasonably satisfactory of the payment in full of the insurance premiums then due thereunder.

With respect to Loan No. 37, Orchard Grove Shopping Center, monthly escrows for property taxes are waived so long as (i) no event of default has occurred, (ii) the debt service coverage ratio is greater than 1.40x and (iii) the borrower pays all taxes directly to the applicable governmental taxing authority.

(20 – Reserve Caps)

Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents.

With respect to Loan No. 8, 61 S Paramus Road, the borrower is required to deposit into a tenant improvement and leasing commission reserve on a monthly basis an amount equal to $1.25 per square foot (approximately $29,135) if the balance of the TI/LC reserve account is less than $3,000,000, until the amounts on deposit in the TI/LC reserve account are equal to $5,000,000.

With respect to Loan No. 14, Oak Park Commons, the reserves have various caps as follows: TI/LC Reserve: $400,000 and Anchor Tenant Rollover Reserve: $600,000.

With respect to Loan No. 27, Bala Plaza Portfolio, following the first date on which the balance of funds on deposit in the tenant improvements and leasing commissions reserve account is less than $2,000,000, on a monthly basis, the borrowers are required to deposit approximately $165,779 into such account, subject. to a cap of $2,000,000.

With respect to Loan No. 37, Orchard Grove Shopping Center, on a monthly basis, the borrower is required to escrow $2,175.83 for tenant improvements and leasing commissions, so long as the funds in the TI/LC reserve do not exceed $100,000. The borrower will cease monthly deposits until funds in the TI/LC reserve fall below $100,000, at which point the borrower will resume monthly deposits.

(21 – Tenancy Information)

In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates.

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(22 – Tenancy Information)

With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property.

(23 – Tenancy Information)

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

With respect to Loan No. 1, Tysons Corner Center, Primark, the Fifth Largest Tenant, which has not yet opened for business, has the right to terminate its lease effective as of the end of the fifth lease year if the tenant’s gross sales during its fourth lease year do not equal or exceed $23,000,000. Such termination right must be exercised by notice given at any time during the 90-day period following the end of the fifth lease year.

With respect to Loan No. 5, 33 West State Street and 50 East State Street, the Largest Tenant, State of New Jersey, representing approximately 97.5% and 80.5% of total net rentable area at the 33 West State Street property and the 50 East State Street property, respectively, may terminate its lease at either or both of the 50 East State Street property and the 33 West State Street property at any time if either (x) appropriations have not been made by the state legislature for payment of its rent pursuant to its respective lease or (y) the State of New Jersey Leasing and Space Utilization Committee rejects the State of New Jersey’s respective lease.

With respect to Loan No. 5, 33 West State Street and 50 East State Street, the Fourth Largest Tenant, USA Vein Clinics of New Jersey LLC, representing approximately 0.9% of total net rentable area at the 50 East State Street property may terminate its lease in August 2027, August 2029 or August 2031 by providing at least 180 days’ prior notice to the landlord and payment of an early termination fee equal to any pre-paid leasing commissions and reimbursement to the landlord for any unamortized portion of construction costs paid for by the landlord (50% if terminated in August 2027, 30% if terminated in August 2029, and 10% if terminated in August 2031).

With respect to Loan No. 9, 111 West 19th Street, the Third Largest Tenant, DineInFresh, Inc. representing approximately 12.1% of total net rentable area has a one-time right to terminate its lease within the first four months occurring after the seventh anniversary of the commencement date by giving 270 days’ written notice and payment of an amount equal to 50% of the aggregate fixed rent due for the balance of the term.

With respect to Loan No. 11, Crescent Center, the Largest Tenant, Butler Snow LLP, representing approximately 15.6% of total net rentable square footage, has a one-time right, effective between September 1, 2027 and September 1, 2028 to reduce its space by up to 14,949 square feet located on the fourth floor, with 365 days’ notice and a fee equal to three months’ rent and unamortized tenant improvement costs.

With respect to Loan No. 11, Crescent Center, the Second Largest Tenant, Simmons Bank, representing approximately 12.4% of total net rentable square footage, may terminate its lease with respect to 5,531 square feet located on the first floor, effective August 31, 2028 with nine months’ prior notice.

With respect to Loan No. 11, Crescent Center, the Third Largest Tenant, Benefit Recovery Group, LLC, representing approximately 5.6% of total net rentable square footage, may terminate its lease effective January 1, 2031 with nine months’ prior notice.

With respect to Loan No. 11, Crescent Center, the Fifth Largest Tenant, Wells Fargo Clearing Services, representing approximately 4.4% of total net rentable square footage, may terminate its lease effective April 30, 2025 with 12 months’ prior notice.

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With respect to Loan No. 16, Whole Foods at Gateway Center, the Second Largest Tenant, Whole Foods Market has a one-time right to terminate its lease effective October 31, 2027 by giving written notice no later than October 31, 2025.

With respect to Loan No. 17, University Shoppes, the Third Largest Tenant, Walgreens, may terminate its lease every five years in February 2025, February 2030 and February 2035, each time with six months’ notice. Additionally, the Fifth Largest Tenant, South Florida Health (YouFit), may terminate its lease at any time with six months’ notice.

With respect to Loan No. 20, 91 Crosby Street, Colossal Media, a billboard tenant, representing approximately 43.6% of total underwritten base rent, may terminate its lease upon 30 days’ written notice if 30% or more of the licensed space becomes obstructed or if the construction, installation or maintaining of the signage would violate any applicable statute, ordinance, regulation, building code or restriction, or other order of a court or municipal agency of competent jurisdiction.

With respect to Loan No. 27, Bala Plaza Portfolio, (i) the Second Largest Tenant at the One Bala Plaza Mortgaged Property, Beasley Media Group, LLC, representing approximately 9.5% of the net rentable square footage at the Mortgaged Property, has a one-time, unilateral right to terminate its lease effective November 30, 2025 provided that notice is given on or before November 30, 2024, and the tenant must pay certain fees in connection with such early termination, (ii) the Fourth Largest Tenant at the One Bala Plaza Mortgaged Property, Chas, Kurz and Co., Inc., representing approximately 3.9% of the net rentable square footage at the Mortgaged Property, has a one-time, unilateral right to terminate its lease effective April 30, 2025 provided that notice is given on or before April 30, 2024, and the tenant must pay certain fees in connection with such early termination, and (iii) the Second Largest Tenant at the Three Bala Plaza Mortgaged Property, Global Indemnity Group, Inc., representing approximately 10.4% of the net rentable square footage at the Mortgaged Property, has a one-time, unilateral right to terminate its lease effective December 31, 2025 provided that notice is given on or before December 31, 2024, and the tenant must pay certain fees in connection with such early termination.

With respect to Loan No. 30, Millstone Towne Center, the Largest Tenant, Hope Mills Medical Home/US Government and the Second Largest Tenant, US Army/Navy Recruiting/US Government, collectively making up 49.2% of the net rentable area at the mortgaged property, each have the right to terminate either such lease, in whole or in part, upon a 60-days’ written notice.

(24 – Non-Recourse Carveout Guarantor)

With respect to Loan No. 12, Staten Island Mall, the non-recourse carveout guarantor’s recourse obligations with respect to bankruptcy or insolvency related events is capped at 20% of the outstanding principal balance of the related whole loan, plus any and all third-party costs actually incurred by lender (including reasonable attorneys’ fees and costs) in connection with the collection of any amounts due thereunder.

With respect to Loan No. 15, Garden State Plaza, there is no non-recourse carveout guarantor.

(25 – Related Group)

Each letter identifies a group of related borrowers.

(26 – Lockbox Type)

The classification of the lockbox types is described in the prospectus. See “Description of the Mortgage Pool—Certain Calculations and Definitions” in the prospectus for further details.

With respect to Loan No. 6, Piazza Alta, the Piazza Alta whole loan is structured with a soft (for residential tenants) and hard (for commercial tenants) lockbox and in-place cash management. At origination, the Piazza Alta borrower was required to notify each non-residential tenant of the mortgaged property to remit all amounts due with respect to the mortgaged property directly to the lockbox account. Following the addition of any Additional Real Estate (as defined below) to the condominium in accordance with the Piazza

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Alta whole loan documents, the borrower will deliver any rents received by the condominium association, including rents from the garage unit into the lockbox account. All rents received by the borrower or property manager (including rents received from residential tenants, non-residential tenants, payments received from residential tenants in connection with the early termination or cancellation of residential leases and any rents pertaining to the garage unit) are required to be deposited within two business days of receipt into the lockbox account. All funds in the lockbox account are required to be swept each business day into the lender-controlled cash management account and applied and disbursed in accordance with the Piazza Alta whole loan documents. During the continuance of a cash trap period any excess cash flow will be deposited into the cash collateral reserve subaccount. As long as no cash trap period is in effect any excess cash flow is required to transferred to the borrower. The “Additional Real Estate” consists of two parcels: (i) a vacant strip of land which was formerly known as Germantown Avenue and (ii) a parking garage located at 145 W. Wildey Street (which exists beneath the roof amenity unit/pool which is already a general common element of the Piazza Alta condominium).

(27 – Tax Abatements)

With respect to Loan No. 12, Staten Island Mall, portions of the Mortgaged Property benefit from a New York City Industrial and Commercial Incentive Program (“ICIP”) exemption or a New York City Industrial & Commercial Abatement Program (“ICAP”) abatement. Of the 16 tax parcels comprising the Mortgaged Property, two currently benefit from an ICIP exemption and three from an ICAP abatement. The appraisal estimates the current tax benefits of these programs to be $1,168,787 for the 2023-2024 tax year, and the net present value of these tax benefits through the 2043/2044 tax year to be approximately $16,478,850 as of August 1, 2023. The appraisal estimate assumes that certain of these benefits will expire and that additional parcels will benefit from these programs over the remaining period of the programs. Real estate taxes were underwritten based on the appraisal real estate taxes for the 2023/2024 tax year less the ICIP/ICAP abatement amounts shown in the appraisal for such tax years and did not include one parcel (Block 2400 Lot 77) because the tenant, Wendy’s, is directly responsible for paying real estate taxes.

With respect to Loan No. 28, 35 Kingston Avenue, the mortgaged property is expected to benefit from a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development, and is required to reserve at least 30% of the units for households earning up to 130% of area median income under affordable housing guidelines, which 421-a tax abatement phases out in 2057/2058.

With respect to Loan No. 31, 785 Fairmount Place, the mortgaged property benefits from a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development, and is required to reserve at least 30% of the units for households earning up to 130% of area median income under affordable housing guidelines, which 421-a tax abatement phases out in 2058/2059.

With respect to Loan No. 33, 2136 Bedford Avenue, the mortgaged property is expected to benefit from a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development, and is required to reserve at least 30% of the units for households earning up to 130% of area median income under affordable housing guidelines, which 421-a tax abatement phases out in 2057/2058.

(28 – Master Lease)

With respect to Loan No. 7, ExchangeRight Net Leased Portfolio #66, the borrower ExchangeRight Net-Leased Portfolio 66 DST, master leases all of the mortgaged properties to an affiliate, ExchangeRight NLP 66 Master Lessee, LLC. The master lease is fully subordinate to the mortgage loan and is terminable by the lender upon a foreclosure or deed-in-lieu of foreclosure, or upon a material default under the master lease. The master lessee’s interest in the leases and rents is collaterally assigned to the borrower. For so long as the master lease is in effect, the borrower is entitled to receive only rents from the master lease, and not the underlying rents and other receipts from the ExchangeRight Net Leased Portfolio #66 mortgaged properties.

With respect to Loan No. 10, 333 South Spruce Street, the borrower 333 South Spruce LLC, master leases the entire mortgaged property to an affiliate, Gotion Illinois New Energy Inc. The master lease is fully

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subordinate to the mortgage loan and is terminable by the lender upon a foreclosure or deed-in-lieu of foreclosure, or upon a material default under the master lease. The master lessee’s interest in the leases and rents is collaterally assigned to the borrower. For so long as the master lease is in effect, the borrower is entitled to receive only rents from the master lease, and not the underlying rents and other receipts from the 333 South Spruce Street mortgaged property.

With respect to Loan No. 21, Bridgeview Student Housing Portfolio, the Liberty Lofts property is leased under a five-year master lease for all 165 beds to Texas Christian University beginning on August 1, 2023 (the “TCU Lease”). The TCU Lease expires on July 17, 2028 with one 5-year renewal option, exercisable upon at least nine but not more than fifteen months’ notice prior to the end of the initial lease term. The TCU Lease has contractual rent steps of 3% in years 1-3 and the greater of market rent or 3% in years 4 and 5. As part of the TCU Lease, Texas Christian University reimburses all utilities expenses that are in excess of $3,300 ($20 per bed) per month. The TCU Lease includes a “right to challenge” clause that allows TCU to terminate the lease of individual units should Liberty Lofts fail to meet commercially reasonable performance standards.

(29 – Property Located Within a Qualified Opportunity Zone (Y/N))

Property Located Within a Qualified Opportunity Zone (Y/N) reflects mortgaged properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ.

With respect to Loan No. 31, 785 Fairmount Avenue, the mortgaged property is located in a qualified opportunity zone.

(30 – Other)

With respect to Loan No. 1, Tysons Corner Center, the borrower may obtain release of various parcels without prepayment or defeasance, provided certain conditions have been satisfied, as described in the Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.”

With respect to Loan No. 6, Piazza Alta, the City of Philadelphia maintains a tax abatement program to promote the development of new housing. Under this program, the assessment attributable to newly constructed or rehabilitated improvements and their resulting real estate taxes are abated for a period of ten years. The tax abatement applicable to the improvements at the mortgaged property will terminate in December 2033. As such, 2034 will be the first year that the full, unabated real estate taxes will be due at the mortgaged property. According to the mortgaged property’s real estate tax schedule, the unabated taxes would be approximately $1,499,586 for 2024 compared to the abated taxes of $239,766. Additionally, the Piazza Alta Property is subject to the Northern Liberties business improvement district taxes of $22,659. Based on the lender’s underwriting, real estate taxes were underwritten to $262,425.

With respect to Loan No. 6, Piazza Alta, the mortgaged property is subject to a two unit condominium regime comprised of (i) the collateral multifamily and retail component referred to as Unit 1 in the condominium regime and (ii) a yet-to-be developed multifamily component to be constructed on an adjacent non-collateral parcel referred to as Unit 2 in the condominium regime, which will not be part of the collateral (other than with respect to the lender’s security interest in any related common elements). The borrower holds a 99.99% interest in the condominium regime as of the date of origination and, following completion

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of Unit 2, will hold approximately a 62.65% interest in the condominium regime (subject to change in accordance with the condominium declaration; however, the condominium estoppel provides that in no event may the lender not constitute the “Mortgagee Majority” under the condominium as described under as described under “Description of the Mortgage Pool—Statistical Characteristics of the Mortgage Loans—Condominium Interests and Other Shared Interests” in the prospectus). Each unit owner of the condominium has the right to appoint one board member to the condominium board; the borrower will generally not have control of the condominium because of unanimous consent requirements amongst the two unit owners for most events or actions under the condominium regime. The condominium documents provide for binding arbitration in the event of an unresolved dispute between the parties.

With respect to Loan No. 12, Staten Island Mall, the borrower may obtain the release or swap vacant, non-income producing and unimproved parcels without prepayment or defeasance, provided certain conditions have been satisfied, as described in the Preliminary Prospectus under “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases.”

With respect to Loan No. 15, Garden State Plaza, occupancy is 94.9% based on the September 13, 2023 rent roll including signed not occupied tenants and excluding the Lord & Taylor box.

With respect to Loan No. 15, Garden State Plaza, for purposes of calculating interest and other amounts payable on the Garden State Plaza whole loan, each note was divided into multiple components with varying interest rates. The interest rate of the Garden State Plaza mortgage loan represents the approximate weighted average interest rate of two components. Prepayments of the Garden State Plaza mortgage loan will be applied to the components in sequential order. As a result of the components having different interest rates and the allocation of prepayments to sequentially reduce the components, the per annum weighted average interest rate of the components (and, therefore, the interest rate of the Garden State Plaza whole loan) may increase over time.

With respect to Loan No. 15, Garden State Plaza, GACC’s $15,000,000 note has 0.3bps cashiering primary fee to Berkadia while GSMC’s $10,000,000 note has 0.3bps cashiering primary fee to Berkadia and 1bps sub-servicing fee to JLL.

With respect to Loan No. 18, OPI Portfolio, the 1 Primerica Parkway mortgaged property has a United Parcel Service, Inc. drop box accounting for $500 per annum in underwritten base rent.

With respect to Loan No. 18, OPI Portfolio, the 1 Primerica Parkway mortgaged property is subject to a right of first refusal agreement whereby the owner of the adjacent property to such mortgaged property has a right of first refusal solely in the event the borrower sponsor receives an offer to purchase the 1 Primerica Parkway mortgaged property from a purchaser who wishes to convert such mortgaged property to a multifamily property. The right of first refusal is only valid if the 1 Primerica Parkway mortgaged property is rezoned to multifamily prior to the closing of such sale. The related right does not apply in the context of a foreclosure, deed-in-lieu of foreclosure or other exercise of remedies under the mortgage loan documents.

With respect to Loan No. 32, Hyatt Place Baltimore Owings Mills, in connection with the sale of the mortgaged property to the borrower, the related seller of the mortgaged property and Nova Owings Mills Hotels, LLC (“Nova Owings”), a Maryland entity and an affiliate of the borrower, entered into an interim beverage management agreement, pursuant to which the seller granted, to the extent permitted by applicable law, the right to utilize and operate the mortgaged property under the existing liquor license until the earlier of (i) the transfer of the existing liquor license to Nova Owings or (ii) 180 days after the date of such agreement (subject to extension in limited circumstances involving any delay by the Board of Liquor License Commissioners for Baltimore County). Nova Owings and the borrower have entered into a lease agreement whereby Nova Owings has leased the food and beverage space at the mortgaged property solely for the sale of food and hard and soft beverages in all interior and exterior areas of the hotel where food and beverages are permitted to be served. Pursuant to a lease estoppel, Nova Owings has agreed that in the event of an event of default under the Hyatt Place Baltimore Owings Mills mortgage loan, it will keep the liquor license in full force and effect for the lender and enter into an interim management, leasing

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or other agreement as may be required for the lender to continue operations at the mortgaged property until the earlier of (i) such time as the lender can obtain a new liquor license on its own or (ii) nine calendar months from the date upon which the lender (or its nominee or designee) acquires title to the mortgaged property (subject to extension in limited circumstances involving any delay by the Board of Liquor or License Commissioners for Baltimore County).

With respect to Loan No. 34, Lenox Hill Mixed Use, the sole retail tenant is a sponsor-affiliate, owned and operated by the borrower sponsors. The borrower sponsors personally guarantee the payment and performance obligations of the retail tenant.

(31 – Cash Flow Variance)

With respect to Loan No. 1, Tysons Corner Center, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is due to the repositioning of the former LL Bean space (74,910 SF). Lululemon Athletica (opened February 2023), Old Navy (opened February 2023), and Kendra Scott (opened March 2023) all attributed to a significant increase in sales and foot traffic.

With respect to Loan. No. 2, Elmwood Shopping Center, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by three new leases and 19 lease renewals at increased rent commencing in 2023.

With respect to Loan No. 11, Crescent Center, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by six new leases commencing in 2023 and 2024 totaling 26,615 square feet (8.0% of net rentable area).

With respect to Loan No. 16, Whole Foods at Gateway Center, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by two new leases commencing in 2023 totaling 45,615 square feet (29.1% of total rentable area).

With respect to Loan No. 21, Bridgeview Student Housing Portfolio the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by the lease of the entire Liberty Lofts mortgaged property to Texas Christian University, which was executed in August 2023.

With respect to Loan No. 28, 35 Kingston Avenue, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is driven by the recent lease up at the mortgaged property, as the Most Recent NOI ($) period represents a trailing five months of operation.

With respect to Loan No. 31, 785 Fairmount Place, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is driven by the recent lease up at the mortgaged property, as the Most Recent NOI ($) period represents a trailing three months of operation.

With respect to Loan No. 32, Hyatt Place Baltimore Owings Mills, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by the borrower sponsor right-sizing the operating expenses which were bloated when the seller was running the hotel with an extremely high expense operating ratio, including overstaffing and corporate level expenses. Total expenses were updated in the underwritten cash flow to reflect justifiable expense levels based on the borrower sponsors’ business plans, achieved operations at other similar properties of similar vintage in the same region, and further supported by the appraiser’s underwritten cashflow conclusions at the mortgaged property.

(32 – Tenants-in-common)

With respect to Loan No. 13, Highland Hills Apartments, the borrowers own the related mortgaged property as tenants–in–common.

With respect to Loan No. 14, Oak Park Commons, the borrowers own the related mortgaged property as tenants–in–common.

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With respect to Loan No. 23, Conway Multifamily Portfolio II, the borrowers of the 21-23 Catherine Street mortgaged property are tenants-in-common.

With respect to Loan No. 27, Bala Plaza Portfolio, the borrowers own the related mortgaged property as tenants–in–common.

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BMO Commercial Mortgage Securities FWPFree writing prospectus