| FREE WRITING PROSPECTUS | ||
| FILED PURSUANT TO RULE 433 | ||
| REGISTRATION FILE NO.: 333-255934-08 | ||
BMO 2023-5C2 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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.
IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS
Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.
| Loan ID Number | Loan / Property Flag | Footnotes (for Loan and Property Information) | # of Properties | Property Name | % of Initial Pool Balance | % of Loan Balance | Mortgage Loan Originator | Mortgage Loan Seller | Related Group | Crossed Group | Address | City | County | State | Zip Code | General Property Type | Detailed Property Type | Year Built | Year Renovated | Number of Units | Unit of Measure | Loan Per Unit ($) | Original Balance ($) | Cut-off Date Balance ($) | Maturity/ARD Balance ($) | Interest Rate % | Monthly Debt Service (P&I) ($) | Monthly Debt Service (IO) ($) | Annual Debt Service (P&I) ($) | Annual Debt Service (IO) ($) | Amortization Type | ARD Loan (Yes / No) | Interest Accrual Method | Original Interest-Only Period (Mos.) | Remaining Interest-Only Period (Mos.) | Original Term To Maturity / ARD (Mos.) | Remaining Term To Maturity / ARD (Mos.) | Original Amortization Term (Mos.) | Remaining Amortization Term (Mos.) | Origination Date | Seasoning (Mos.) | Payment Due Date | First Payment Date | First P&I Payment Date | Maturity Date or Anticipated Repayment Date | Final Maturity Date | Grace Period - Late Fee (Days) | Grace Period - Default (Days) | Prepayment Provision | Most Recent EGI ($) | Most Recent Expenses ($) | Most Recent NOI ($) | Most Recent NOI Date | Most Recent Description | Second Most Recent EGI ($) | Second Most Recent Expenses ($) | Second Most Recent NOI ($) | Second Most Recent NOI Date | Second Most Recent Description | Third Most Recent EGI ($) | Third Most Recent Expenses ($) | Third Most Recent NOI ($) | Third Most Recent NOI Date | Third Most Recent Description | Underwritten Economic Occupancy (%) | Underwritten EGI ($) | Underwritten Expenses ($) | Underwritten Net Operating Income ($) | Underwritten Replacement / FF&E Reserve ($) | Underwritten TI / LC ($) | Underwritten Net Cash Flow ($) | Underwritten NOI DSCR (x) | Underwritten NCF DSCR (x) | Underwritten NOI Debt Yield (%) | Underwritten NCF Debt Yield (%) | Appraised Value ($) | Appraised Value Type | Appraisal Date | Cut-off Date LTV Ratio (%) | LTV Ratio at Maturity / ARD (%) | Leased Occupancy (%) | Occupancy Date | Single Tenant (Y/N) | Largest Tenant | Largest Tenant SF | Largest Tenant % of NRA | Largest Tenant Lease Expiration Date | Second Largest Tenant | Second Largest Tenant SF | Second Largest Tenant % of NRA | Second Largest Tenant Lease Expiration Date | Third Largest Tenant | Third Largest Tenant SF | Third Largest Tenant % of NRA | Third Largest Tenant Lease Expiration Date | Fourth Largest Tenant | Fourth Largest Tenant SF | Fourth Largest Tenant % of NRA | Fourth Largest Tenant Lease Expiration Date | Fifth Largest Tenant | Fifth Largest Tenant SF | Fifth Largest Tenant % of NRA | Fifth Largest Tenant Lease Expiration Date | Environmental Phase I Report Date | Environmental Phase II Report Date | Engineering Report Date | Seismic Report Date | PML or SEL (%) | Flood Zone | Ownership Interest | Ground Lease Expiration Date | Ground Lease Extension Terms | Annual Ground Lease Payment as of the Cut-off Date ($) | Annual Ground Rent Increases (Y/N) | Upfront RE Tax Reserve ($) | Monthly RE Tax Reserve ($) | Upfront Insurance Reserve ($) | Monthly Insurance Reserve ($) | Upfront Replacement / PIP Reserve ($) | Monthly Replacement / FF&E Reserve ($) | Replacement Reserve Caps ($) | Upfront TI/LC Reserve ($) | Monthly TI/LC Reserve ($) | TI/LC Caps ($) | Upfront Debt Service Reserve ($) | Monthly Debt Service Reserve ($) | Debt Service Reserve Cap ($) | Upfront Deferred Maintenance Reserve ($) | Upfront Other Reserve ($) | Monthly Other Reserve ($) | Other Reserve Description | Other Reserve Cap ($) | Holdback/ Earnout Amount ($) | Holdback/ Earnout Description | Lockbox Type | Cash Management | Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N) | Tenant Specific Excess Cash Trap Trigger (Y/N) | Pari Passu (Y/N) | Pari Passu in Trust Controlling (Y/N) | Trust Pari Passu Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) | Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) | Subordinate Companion Loan Cut-off Date Balance ($) | Subordinate Companion Loan Interest Rate | Whole Loan Cut-off Date Balance ($) | Whole Loan Monthly Debt Service ($) | Whole Loan Cut-off Date LTV Ratio (%) | Whole Loan Underwritten NCF DSCR (x) | Whole Loan Underwritten NOI Debt Yield (%) | Mezzanine Debt Cut-off Date Balance($) | Mezzanine Debt Interest Rate (%) | Total Debt Cut-off Date Balance ($) | Total Debt Monthly Debt Service ($) | Total Debt Cut-off Date LTV Ratio (%) | Total Debt Underwritten NCF DSCR (x) | Total Debt Underwritten NOI Debt Yield (%) | Future Additional Debt Permitted (Y/N) | Future Debt Permitted Type | Sponsor | Non-Recourse Carveout Guarantor | Delaware Statutory Trust (Y/N) | Tenants-in-common (Y/N) | Loan Purpose | Property Located Within a Qualified Opportunity Zone (Y/N) | Sources: Loan Amount ($) | Sources: Principal's New Cash Contribution ($) | Sources: Subordinate Debt ($) | Sources: Other Sources ($) | Sources: Total Sources ($) | Uses: Loan Payoff ($) | Uses: Purchase Price ($) | Uses: Closing Costs ($) | Uses: Reserves ($) | Uses: Principal Equity Distribution ($) | Uses: Other Uses ($) | Uses: Total Uses ($) | Franchise Agreement Expiration | Underwritten ADR ($) | Underwritten RevPAR ($) | Underwritten Hotel Occupancy (%) | Most Recent ADR ($) | Most Recent RevPAR ($) | Most Recent Hotel Occupancy (%) | Second Most Recent ADR ($) | Second Most Recent RevPAR ($) | Second Most Recent Hotel Occupancy (%) | Third Most Recent ADR ($) | Third Most Recent RevPAR ($) | Third Most Recent Hotel Occupancy (%) |
| 1 | Loan | 1 | Piazza Alta | 9.7% | 100.0% | SGFC | SGFC | NAP | NAP | 1099 Germantown Avenue | Philadelphia | Philadelphia | PA | 19123 | Multifamily | Luxury High Rise | 2022 - 2023 | NAP | 695 | Units | 267,482.01 | 75,000,000 | 75,000,000 | 75,000,000 | 4.67614% | NAP | 296,317.90 | NAP | 3,555,814.80 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/21/2023 | 1 | 8 | 11/8/2023 | NAP | 10/8/2028 | 10/8/2028 | 0 | 0 | L(25),D(31),O(4) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 25,836,537 | 3,971,583 | 21,864,954 | 180,700 | 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 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 6/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 260,924 | 19,042 | 144,517 | Springing | 0 | Springing | 0 | 11,304,598 | Springing | 0 | 0 | 0 | 0 | 0 | 1,911,036 | 3,250 | Residential Concession Reserve (Upfront: $889,351), Free Rent Reserve (Upfront: $1,021,685), Common Charges Reserve (Monthly: $3,250) | 0 | NAP | NAP | Soft (Residential); Hard (Commercial) | In Place | Yes | No | Yes | No | 75,000,000 | 110,900,000 | 438,155.40 | 734,473.30 | NAP | NAP | 185,900,000 | 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% | No | NAP | Matthew Pestronk and Michael Pestronk | Matthew Pestronk and Michael Pestronk | No | No | 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 | 0 | 332,203,569 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 2 | Loan | 1 | Westfarms | 8.4% | 100.0% | GSBI, WFBNA | GSMC | NAP | NAP | 1500 New Britain Avenue | West Hartford | Hartford | CT | 06110 | Retail | Super Regional Mall | 1974 | 2013 | 501,990 | SF | 482.08 | 65,000,000 | 65,000,000 | 65,000,000 | 7.79500% | NAP | 428,093.46 | NAP | 5,137,121.52 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 8/31/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 0 | 0 | L(26),D(27),O(7) | 48,528,897 | 17,617,481 | 30,911,416 | 6/30/2023 | T-12 | 47,139,850 | 18,215,282 | 28,924,568 | 12/31/2022 | T-12 | 47,635,108 | 17,859,759 | 29,775,349 | 12/31/2021 | T-12 | 96.4% | 51,139,577 | 16,217,012 | 34,922,565 | 306,214 | 968,038 | 33,648,313 | 1.83 | 1.76 | 14.4% | 13.9% | 547,800,000 | As Is | 7/6/2023 | 44.2% | 44.2% | 95.9% | 8/25/2023 | No | Forever 21 | 22,512 | 4.5% | 1/31/2023 | HM | 15,121 | 3.0% | 1/31/2032 | Pottery Barn | 14,187 | 2.8% | 1/31/2027 | Gap Gap Kids | 13,093 | 2.6% | 1/31/2025 | Anthropologie | 11,673 | 2.3% | 1/31/2027 | 7/17/2023 | NAP | 7/17/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 20,916 | 0 | 0 | 41,833 | 0 | 0 | 0 | 0 | 0 | 3,402,016 | 0 | Outstanding TI/LC Reserve ($3,103,791), Gap Rent/Free Rent Reserve ($298,225.34) | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | Yes | 65,000,000 | 177,000,000 | 1,165,731.42 | 1,593,824.88 | NAP | NAP | 242,000,000 | 1,593,824.88 | 44.2% | 1.76 | 14.4% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | The Taubman Realty Group LLC | The Taubman Realty Group LLC | No | No | Refinance | No | 242,000,000 | 3,317,606 | 0 | 0 | 245,317,606 | 240,789,383 | 0 | 1,126,207 | 3,402,016 | 0 | 0 | 245,317,606 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 3 | Loan | 1 | Shadow Lake Towne Center | 8.0% | 100.0% | LMF | LMF | NAP | NAP | 7775 Olson Drive | Papillion | Sarpy | NE | 68046 | Retail | Anchored | 2007 | NAP | 531,557 | SF | 117.58 | 62,500,000 | 62,500,000 | 62,500,000 | 6.40000% | NAP | 337,962.96 | NAP | 4,055,555.52 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/15/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(28),O(7) | 9,981,718 | 4,440,651 | 5,541,067 | 6/30/2023 | T-12 | 9,688,410 | 4,357,442 | 5,330,968 | 12/31/2022 | T-12 | 9,320,835 | 4,241,598 | 5,079,237 | 12/31/2021 | T-12 | 77.0% | 10,370,619 | 4,289,944 | 6,080,674 | 63,787 | 0 | 6,016,888 | 1.50 | 1.48 | 9.7% | 9.6% | 92,700,000 | As Is | 3/2/2023 | 67.4% | 67.4% | 79.3% | 5/9/2023 | No | Dick's Sporting Goods | 50,000 | 9.4% | 1/31/2028 | Burlington | 36,766 | 6.9% | 2/28/2030 | T.J. Maxx | 32,652 | 6.1% | 1/31/2028 | Wall to Wall Wine & Spirits | 29,998 | 5.6% | 10/31/2031 | Michaels | 21,830 | 4.1% | 9/30/2024 | 3/27/2023 | NAP | 3/27/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 443,871 | 140,912 | 146,948 | 12,723 | 0 | 5,316 | 0 | 3,500,000 | Springing | 1,500,000 | 0 | 0 | 0 | 0 | 1,348,872 | 0 | Unfunded Obligations ($1,232,779), Free Rent Reserve ($116,093) | 0 | 5,000,000 | Following lender’s determination that the holdback debt yield is equal or greater than 9.5% in connection with the related disbursement request, lender will disburse available holdback reserve funds to borrower | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | PREP Property Group LLC | PREP Property Group LLC | No | No | Refinance | No | 62,500,000 | 0 | 0 | 0 | 62,500,000 | 39,048,885 | 0 | 5,747,760 | 10,439,691 | 7,263,665 | 0 | 62,500,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 4 | Loan | 1 | Arcola Corporate Campus | 8.0% | 100.0% | BMO, SMC | BMO, SMC | NAP | NAP | 400-500 Arcola Road | Collegeville | Montgomery | PA | 19426 | Mixed Use | Office/Lab | 1900, 1992, 2003, 2007 | NAP | 1,853,053 | SF | 51.27 | 62,500,000 | 62,500,000 | 62,500,000 | 7.29000% | NAP | 384,960.94 | NAP | 4,619,531.25 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 8/15/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 0 | 0 | L(26),D(29),O(5) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.6% | 37,055,156 | 21,577,456 | 15,477,699 | 426,202 | 926,527 | 14,124,970 | 2.20 | 2.01 | 16.3% | 14.9% | 195,000,000 | As Is | 3/14/2023 | 48.7% | 48.7% | 86.6% | 8/1/2023 | No | Dow Chemical | 927,828 | 50.1% | 12/31/2028 | Wyeth Pharmaceuticals | 677,311 | 36.6% | 8/15/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 3/17/2023 | NAP | 3/10/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 454,721 | 606,182 | 103,636 | 51,818 | 0 | 35,517 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,550 | 0 | Springing | Major Tenant Reserve | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 62,500,000 | 32,500,000 | 200,179.69 | 585,140.63 | NAP | NAP | 95,000,000 | 585,140.63 | 48.7% | 2.01 | 16.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | David Werner | David Werner | No | No | Acquisition | No | 95,000,000 | 90,000,000 | 0 | 0 | 185,000,000 | 0 | 171,299,601 | 13,119,492 | 580,907 | 0 | 0 | 185,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 5 | Loan | 2 | 369 Lexington Avenue & 2 West 46th Street | 7.5% | CREFI, BMO | CREFI, BMO | NAP | NAP | Various | New York | New York | NY | Various | Office | CBD | Various | Various | 302,093 | SF | 335.82 | 58,000,000 | 58,000,000 | 58,000,000 | 7.96000% | NAP | 390,076.85 | NAP | 4,680,922.20 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/28/2023 | 1 | 1 | 11/1/2023 | NAP | 10/1/2028 | 10/1/2028 | 0 | 5 | L(25),D(28),O(7) | 17,641,792 | 6,786,560 | 10,855,233 | 7/31/2023 | T-12 | 16,980,535 | 6,788,475 | 10,192,060 | 12/31/2022 | T-12 | 17,670,387 | 6,933,759 | 10,736,628 | 12/31/2021 | T-12 | 92.2% | 18,446,425 | 7,103,097 | 11,343,328 | 109,765 | 590,707 | 10,642,855 | 1.39 | 1.30 | 11.2% | 10.5% | 171,000,000 | As Is | 7/19/2023 | 59.3% | 59.3% | 93.8% | 9/1/2023 | 1,532,209 | 383,052 | 185,941 | 20,549 | 0 | 9,147 | 0 | 2,500,000 | Springing | 2,500,000 | 0 | 0 | 0 | 7,920 | 0 | 0 | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 58,000,000 | 43,450,000 | 292,221.37 | 682,298.22 | NAP | NAP | 101,450,000 | 682,298.22 | 59.3% | 1.30 | 11.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Faraj Srour and Joseph Stavrach | Joseph Stavrach and Faraj Srour | No | Yes | Refinance | 101,450,000 | 100,000 | 0 | 0 | 101,550,000 | 93,560,335 | 0 | 3,763,595 | 4,226,070 | 0 | 0 | 101,550,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||
| 5.01 | Property | 1 | 369 Lexington Avenue | 4.1% | 54.5% | 369 Lexington Avenue | New York | New York | NY | 10016 | Office | CBD | 1937 | 1979 | 157,122 | SF | 31,586,989 | 31,586,989 | 31,586,989 | 9,537,640 | 3,684,263 | 5,853,377 | 7/31/2023 | T-12 | 9,119,180 | 3,865,245 | 5,253,935 | 12/31/2022 | T-12 | 10,116,921 | 3,936,010 | 6,180,911 | 12/31/2021 | T-12 | 90.0% | 9,928,894 | 3,861,406 | 6,067,488 | 51,760 | 291,470 | 5,724,258 | 97,000,000 | As Is | 7/19/2023 | 92.0% | 9/1/2023 | No | Jay Suites II, LLC | 18,982 | 12.1% | 12/31/2031 | Cafe Con Tutti Corp | 14,039 | 8.9% | 11/30/2028 | Body Sculpt of Long Island LLC | 8,928 | 5.7% | 3/31/2027 | Mingxue Yang Medical P.C | 8,655 | 5.5% | 10/31/2029 | Government of Morocco | 8,500 | 5.4% | 12/31/2032 | 7/27/2023 | NAP | 7/27/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 5.02 | Property | 1 | 2 West 46th Street | 3.4% | 45.5% | 2 West 46th Street | New York | New York | NY | 10036 | Office | CBD | 1926 | 2011 | 144,971 | SF | 26,413,011 | 26,413,011 | 26,413,011 | 8,104,152 | 3,102,297 | 5,001,856 | 7/31/2023 | T-12 | 7,861,355 | 2,923,230 | 4,938,124 | 12/31/2022 | T-12 | 7,553,466 | 2,997,748 | 4,555,717 | 12/31/2021 | T-12 | 95.0% | 8,517,531 | 3,241,691 | 5,275,840 | 58,005 | 299,238 | 4,918,597 | 74,000,000 | As Is | 7/19/2023 | 95.8% | 9/1/2023 | No | Royal Chain, Inc. | 18,546 | 12.8% | 12/31/2024 | 5th Ave Dollar LLC | 11,990 | 8.3% | 3/31/2027 | Taba Casting | 5,657 | 3.9% | 6/30/2029 | Pomann Sound Production Inc | 5,505 | 3.8% | 4/30/2024 | Carelle Ltd. | 3,430 | 2.4% | 8/31/2025 | 7/27/2023 | NAP | 7/27/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 6 | Loan | 1 | Lake Merritt Plaza | 5.8% | 100.0% | GSBI, WFBNA | GSMC | NAP | NAP | 1999 Harrison Street | Oakland | Alameda | CA | 94612 | Office | CBD | 1985 | 2015 | 489,333 | SF | 163.49 | 45,000,000 | 45,000,000 | 45,000,000 | 7.97000% | NAP | 303,026.04 | NAP | 3,636,312.48 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/9/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(24),D(29),O(7) | 29,655,844 | 13,251,467 | 16,404,377 | 7/31/2023 | T-12 | 29,029,206 | 12,821,365 | 16,207,841 | 12/31/2022 | T-12 | 28,808,446 | 11,994,816 | 16,813,630 | 12/31/2021 | T-12 | 83.7% | 30,556,308 | 14,081,611 | 16,474,697 | 122,444 | 806,580 | 15,545,673 | 2.55 | 2.40 | 20.6% | 19.4% | 242,500,000 | As Is | 7/11/2023 | 33.0% | 33.0% | 82.6% | 9/25/2023 | No | LaunchDarkly | 33,710 | 6.9% | 3/31/2026 | Dentons US LLP | 28,396 | 5.8% | 10/31/2024 | Simpson Gumpertz | 20,775 | 4.2% | 11/30/2028 | Premier Workspaces | 20,755 | 4.2% | 11/30/2024 | Big Fish Games, Inc | 20,755 | 4.2% | 3/31/2025 | 8/22/2023 | NAP | 7/20/2023 | 8/1/2023 | 11% | 0% | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | 10,230 | 368,250 | 0 | 81,833 | 5,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | Yes | 45,000,000 | 35,000,000 | 235,889.70 | 538,915.74 | NAP | NAP | 80,000,000 | 538,915.74 | 33.0% | 2.40 | 20.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Beacon Capital Partners and CalSTRS | Beacon Capital Partners and CalSTRS | No | No | Refinance | 80,000,000 | TBD | 0 | 0 | 80,000,000 | 0 | 0 | 0 | 0 | TBD | 0 | 0 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
| 7 | Loan | 1 | Hilton Garden Inn Atlanta Downtown | 4.1% | 100.0% | BMO | BMO | NAP | NAP | 275 Baker Street Northwest & 250 Park Avenue West | Atlanta | Fulton | GA | 30313 | Hospitality | Full Service | 2008 | 2019 | 242 | Rooms | 163,223.14 | 31,500,000 | 31,500,000 | 31,500,000 | 8.39000% | NAP | 223,296.35 | NAP | 2,679,556.20 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/10/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(24),YM1(32),O(4) | 19,803,987 | 14,146,776 | 5,657,210 | 8/31/2023 | T-12 | 18,162,800 | 12,607,894 | 5,554,905 | 12/31/2022 | T-12 | 14,284,994 | 9,706,403 | 4,578,591 | 12/31/2021 | T-12 | 73.0% | 20,279,498 | 14,258,935 | 6,020,563 | 773,034 | 29,066 | 5,218,463 | 1.79 | 1.55 | 15.2% | 13.2% | 76,300,000 | As Is | 9/15/2023 | 51.8% | 51.8% | 73.0% | 8/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9/27/2023 | NAP | 9/27/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 58,012 | 58,012 | 0 | Springing | 0 | Capex: $485.00; FF&E: An amount equal to or greater of (i) Up to and including the Payment Date in May 2025, 4% of gross revenues for the hotel related operations at the Park Pavilion Hotel for the (2) calendar months preceding and after the Payment Date in May 2024, an amunt equal to 4% of the average gross revenues for (2) calendar months preceding at the Park Pavilion Hotel and(ii) the amount required by the Franchisor on account of FF&E under the Franchise Agreement | 30,000 | 0 | 2,422 | 75,000 | 0 | 0 | 0 | 0 | 6,157,060 | Springing | PIP Reserve (Upfront: $5,500,000), Unfunded Obligations Reserve (Upfront: $597,060), Seasonality Reserve (Upfront: $60,000, Monthly: Springing) | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | Yes | 31,500,000 | 8,000,000 | 56,710.19 | 280,006.54 | NAP | NAP | 39,500,000 | 280,006.54 | 51.8% | 1.55 | 15.2% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | David D. Marvin | David D. Marvin | No | No | Refinance | No | 39,500,000 | 4,997,119 | 0 | 0 | 44,497,119 | 35,750,387 | 0 | 2,531,660 | 6,215,072 | 0 | 0 | 44,497,119 | 9/1/2028 | 200.40 | 146.22 | 73.0% | 200.40 | 146.22 | 73.0% | 193.68 | 136.26 | 70.4% | 159.60 | 102.92 | 64.5% | |
| 8 | Loan | 2 | Scottsdale Gilbert Retail Portfolio | 3.9% | CREFI | CREFI | NAP | NAP | Various | Various | Maricopa | AZ | Various | Retail | Anchored | Various | Various | 432,068 | SF | 187.47 | 30,000,000 | 30,000,000 | 30,000,000 | 7.85000% | NAP | 198,975.69 | NAP | 2,387,708.28 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 10/4/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(28),O(7) | 10,256,730 | 3,013,347 | 7,243,383 | 6/30/2023 | T-12 | 9,662,834 | 2,637,475 | 7,025,360 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 11,841,358 | 3,087,027 | 8,754,331 | 64,810 | 324,051 | 8,365,470 | 1.36 | 1.30 | 10.8% | 10.3% | 143,450,000 | Prospective Market Value Upon Stabilization | Various | 56.5% | 56.5% | 97.3% | 7/1/2023 | 222,032 | 74,011 | 92,009 | 11,501 | 0 | 5,401 | 64,810 | 1,250,000 | Springing | 648,102 | 0 | 0 | 0 | 5,688 | 3,326,843 | 0 | Unfunded Obligations Reserve ($2,767,600), Free and Gap Rent Reserve ($466,613), Tenant Improvement Work Reserve ($92,629.92) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 30,000,000 | 51,000,000 | 338,258.69 | 537,234.38 | NAP | NAP | 81,000,000 | 537,234.38 | 56.5% | 1.30 | 10.8% | 7,000,000 | 13.00000% | 88,000,000 | 614,120.95 | 61.3% | 1.14 | 9.9% | No | NAP | Karim Kanjiyani, Saleem Kanjiyani and Yasmin Daredia | Karim Kanjiyani, Saleem Kanjiyani and Yasmin Daredia | No | No | Refinance | 81,000,000 | 0 | 7,000,000 | 0 | 88,000,000 | 56,431,784 | 0 | 3,166,688 | 4,896,572 | 23,504,956 | 0 | 88,000,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||
| 8.01 | Property | 1 | Gilbert Gateway Towne Center | 2.2% | 57.4% | 4684-5114 South Power Road | Gilbert | Maricopa | AZ | 85212 | Retail | Anchored | 2005 | 2010 | 263,978 | SF | 17,222,222 | 17,222,222 | 17,222,222 | 6,806,553 | 2,079,666 | 4,726,887 | 6/30/2023 | T-12 | 6,235,250 | 1,688,291 | 4,546,959 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 7,211,714 | 2,064,874 | 5,146,840 | 39,597 | 197,984 | 4,909,260 | 80,410,000 | Prospective Market Value Upon Stabilization | 2/1/2024 | 96.0% | 7/1/2023 | No | Ross Dress for Less, Inc. | 29,788 | 11.3% | 1/31/2026 | Mega Furniture | 28,428 | 10.8% | 5/31/2032 | Michaels | 23,690 | 9.0% | 3/31/2025 | Petsmart | 19,107 | 7.2% | 1/31/2026 | Cost Plus | 18,300 | 6.9% | 1/31/2026 | 7/25/2023 | NAP | 7/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 8.02 | Property | 1 | Scottsdale Towne Center | 1.6% | 42.6% | 15454-15784 North Frank Lloyd Wright Boulevard | Scottsdale | Maricopa | AZ | 85260 | Retail | Anchored | 1995 | NAP | 168,090 | SF | 12,777,778 | 12,777,778 | 12,777,778 | 3,450,177 | 933,681 | 2,516,496 | 6/30/2023 | T-12 | 3,427,584 | 949,184 | 2,478,401 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 4,629,644 | 1,022,153 | 3,607,491 | 25,214 | 126,068 | 3,456,210 | 63,040,000 | Prospective Market Value Upon Stabilization | 11/1/2024 | 99.2% | 7/1/2023 | No | Mountainside Fitness | 50,320 | 29.9% | 12/31/2038 | TJ Maxx | 31,000 | 18.4% | 1/31/2026 | Ross Dress for Less, Inc. | 26,770 | 15.9% | 1/31/2032 | Sola Salon Studios | 5,000 | 3.0% | 3/31/2028 | Wells Fargo Bank, N.A. | 4,000 | 2.4% | 8/31/2026 | 7/25/2023 | NAP | 7/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 9 | Loan | 1 | River Centre | 3.9% | 100.0% | UBS AG | UBS AG | NAP | NAP | 200 Schultz Drive and 331 Newman Springs Road | Red Bank | Monmouth | NJ | 07701 | Office | Suburban | 1984-1985, 1990 | 2021 | 553,039 | SF | 99.45 | 30,000,000 | 30,000,000 | 30,000,000 | 7.98500% | NAP | 202,397.57 | NAP | 2,428,770.84 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 10/11/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(28),O(7) | 11,626,350 | 5,276,821 | 6,349,529 | 8/31/2023 | T-12 | 11,659,746 | 5,534,454 | 6,125,292 | 12/31/2022 | T-12 | 6,970,024 | 2,546,386 | 4,423,637 | 12/31/2021 | T-12 | 82.9% | 13,584,111 | 5,503,947 | 8,080,165 | 110,608 | 0 | 7,969,557 | 1.81 | 1.79 | 14.7% | 14.5% | 114,100,000 | As Is | 9/22/2023 | 48.2% | 48.2% | 84.0% | 10/6/2023 | No | Sycamore Medical | 41,925 | 7.6% | 25,000 SF expiring 5/31/2034; 16,925 SF expiring 12/31/2036 | Life Time Fitness (Office) | 40,212 | 7.3% | 5/31/2039 | Wells Fargo | 37,520 | 6.8% | 11,758 SF expiring 11/30/2027; 25,762 SF expiring 8/31/2029 | McGraw-Hill | 30,800 | 5.6% | 8/31/2029 | Perspecta Labs | 27,635 | 5.0% | 10/31/2028 | 4/14/2023 | NAP | 4/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 102,854 | 102,854 | 0 | Springing | 0 | 9,217 | 221,216 | 7,000,000 | Springing | 0 | 0 | 0 | 0 | 0 | 10,506,835 | Springing | TATILC ($8,332,476.77); Rent Concessions ($2,174,357.79); Material Tenant Funds (Springing) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | Yes | 30,000,000 | 25,000,000 | 168,664.64 | 371,062.21 | NAP | NAP | 55,000,000 | 371,062.21 | 48.2% | 1.79 | 14.7% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Richard Chera and Maurice Zekaria | Richard Chera; Maurice Zekaria | No | No | Refinance | No | 55,000,000 | 1,208,852 | 0 | 0 | 56,208,852 | 35,000,000 | 0 | 17,609,689 | 3,599,163 | 0 | 0 | 56,208,852 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 10 | Loan | 1 | Lacey Market Square | 3.4% | 100.0% | CREFI | CREFI | NAP | NAP | 700 Sleater Kinney Road Southeast | Lacey | Thurston | WA | 98503 | Retail | Anchored | 1978, 1989, 1990, 1991, 1992 | 2000 | 276,499 | SF | 94.39 | 26,100,000 | 26,100,000 | 26,100,000 | 8.06000% | NAP | 177,739.79 | NAP | 2,132,877.48 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/11/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(24),D(32),O(4) | 3,838,673 | 966,095 | 2,872,578 | 4/30/2023 | T-12 | 3,804,911 | 1,008,309 | 2,796,602 | 12/31/2022 | T-12 | 3,654,384 | 994,631 | 2,659,753 | 12/31/2021 | T-12 | 92.4% | 4,036,636 | 1,031,445 | 3,005,192 | 55,300 | 138,108 | 2,811,784 | 1.41 | 1.32 | 11.5% | 10.8% | 45,360,000 | As Is | 3/7/2023 | 57.5% | 57.5% | 96.1% | 6/30/2023 | No | Fred Meyer Stores, Inc | 196,996 | 71.2% | 1/31/2030 | PFWA Lacey, LLC dba Planet Fitness | 20,413 | 7.4% | 3/31/2028 | Department of Children, Youth and Families | 4,396 | 1.6% | 6/30/2028 | Rent-A-Center | 3,993 | 1.4% | 2/28/2027 | JP Morgan Chase Bank | 3,300 | 1.2% | 6/7/2027 | 3/21/2023 | NAP | 3/21/2023 | 3/21/2023 | 13% | No | Fee | NAP | NAP | NAP | NAP | 59,210 | 29,605 | 0 | Springing | 0 | 4,518 | 0 | 0 | 11,509 | 500,000 | 0 | 0 | 0 | 57,463 | 184,844 | Springing | Unfunded Obligations Reserve (Upfront: $173,759.39); Gap Rent (Upfront: $11,084.90); Fixed Deposit Reserve (Monthly: Springing) | 0 | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | L&R Towers, Rubin-Pachulski Properties Properties L.P. and Rubin-Pachulski Properties, 36, LLC | L&R Towers, Rubin-Pachulski Properties L.P. and Rubin-Pachulski Properties, 36, LLC | No | No | Refinance | No | 26,100,000 | 0 | 0 | 0 | 26,100,000 | 23,965,923 | 0 | 1,247,801 | 301,516 | 584,760 | 0 | 26,100,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 11 | Loan | 10 | Dels Multifamily Portfolio | 3.0% | DBRI | GACC | NAP | NAP | Various | Various | Various | Various | Various | Multifamily | Low Rise | Various | Various | 523 | Units | 45,219.89 | 23,650,000 | 23,650,000 | 23,650,000 | 7.41400% | NAP | 148,146.99 | NAP | 1,777,763.88 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/27/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(28),O(7) | 4,053,055 | 1,136,844 | 2,916,211 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 4,401,027 | 1,767,032 | 2,633,995 | 130,750 | 0 | 2,503,245 | 1.48 | 1.41 | 11.1% | 10.6% | 38,300,000 | As Portfolio | 7/7/2023 | 61.7% | 61.7% | 98.1% | 8/17/2023 | 82,708 | Springing | 184,810 | Springing | 130,750 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Mark J. Bertel, Jr. | Mark J. Bertel, Jr. | No | No | Refinance | 23,650,000 | 0 | 0 | 0 | 23,650,000 | 13,331,649 | 0 | 1,218,965 | 398,268 | 8,701,118 | 0 | 23,650,000 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||
| 11.01 | Property | 1 | West End Social | 0.7% | 23.5% | 1350 Highway 62 East | Mountain Home | Baxter | AR | 72653 | Multifamily | Low Rise | 1968 | 2022 | 100 | Units | 5,553,000 | 5,553,000 | 5,553,000 | 431,119 | 231,876 | 199,243 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 988,845 | 369,862 | 618,983 | 25,000 | 0 | 593,983 | 8,700,000 | As Is | 6/27/2023 | 99.0% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/11/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.02 | Property | 1 | The Heights | 0.5% | 16.7% | 2105 Hubert Redburn Drive | West Plains | Howell | MO | 65775 | Multifamily | Low Rise | 1964 | 2021 | 117 | Units | 3,939,000 | 3,939,000 | 3,939,000 | 865,120 | 219,652 | 645,468 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 824,076 | 398,394 | 425,682 | 29,250 | 0 | 396,432 | 6,170,000 | As Is | 6/30/2023 | 98.3% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.03 | Property | 1 | OZ+MO Commons | 0.4% | 12.8% | 17483 Business 13 | Branson West | Stone | MO | 65737 | Multifamily | Low Rise | 1977 | 2022 | 66 | Units | 3,026,000 | 3,026,000 | 3,026,000 | 625,740 | 112,304 | 513,436 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 566,061 | 213,063 | 352,998 | 16,500 | 0 | 336,498 | 4,740,000 | As Is | 6/15/2023 | 97.0% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.04 | Property | 1 | Wyota Commons | 0.3% | 10.3% | 1221 Millcreek Road | Lebanon | Laclede | MO | 65536 | Multifamily | Low Rise | 1967 | 2022 | 50 | Units | 2,432,000 | 2,432,000 | 2,432,000 | 488,600 | 131,928 | 356,672 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 459,525 | 172,437 | 287,088 | 12,500 | 0 | 274,588 | 3,810,000 | As Is | 6/15/2023 | 96.0% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/11/2023 | NAP | 7/11/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.05 | Property | 1 | Sylamore Studios | 0.3% | 10.0% | 428 Sylamore Avenue | Mountain View | Stone | AR | 72560 | Multifamily | Low Rise | 1980 | 2022 | 55 | Units | 2,362,000 | 2,362,000 | 2,362,000 | 439,900 | 121,444 | 318,456 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 419,598 | 172,058 | 247,540 | 13,750 | 0 | 233,790 | 3,700,000 | As Is | 6/27/2023 | 98.2% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.06 | Property | 1 | Montauk Studios | 0.3% | 9.6% | 209 South Highway 63 | Licking | Texas | MO | 65542 | Multifamily | Low Rise | 2000 | 2022 | 52 | Units | 2,272,000 | 2,272,000 | 2,272,000 | 456,860 | 104,030 | 352,830 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 434,574 | 170,566 | 264,008 | 13,000 | 0 | 251,008 | 3,560,000 | As Is | 6/30/2023 | 98.1% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/11/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.07 | Property | 1 | The Dels | 0.3% | 8.4% | 145 South Main Street | Mountain Home | Baxter | AR | 72653 | Multifamily | Low Rise | 1960-1970 | 2021 | 43 | Units | 1,979,000 | 1,979,000 | 1,979,000 | 338,316 | 75,616 | 262,700 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 321,861 | 118,486 | 203,375 | 10,750 | 0 | 192,625 | 3,100,000 | As Is | 6/27/2023 | 100.0% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.08 | Property | 1 | Bull Shoals | 0.1% | 3.0% | 1104 Bull Shoals Dam Boulevard | Bull Shoals | Marion | AR | 72619 | Multifamily | Low Rise | 1953 | 2022 | 16 | Units | 702,000 | 702,000 | 702,000 | 137,400 | 39,965 | 97,435 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 129,840 | 48,798 | 81,042 | 4,000 | 0 | 77,042 | 1,270,000 | As Is | 6/27/2023 | 93.8% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/11/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.09 | Property | 1 | Center CityCommons | 0.1% | 2.9% | 548 Highway 62 East | Mountain Home | Baxter | AR | 72653 | Multifamily | Low Rise | 1960 | 2022 | 14 | Units | 696,000 | 696,000 | 696,000 | 144,000 | 54,845 | 89,155 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 136,503 | 60,772 | 75,731 | 3,500 | 0 | 72,231 | 1,090,000 | As Is | 6/27/2023 | 100.0% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 11.10 | Property | 1 | North Village | 0.1% | 2.9% | 715 Highway 5 North | Mountain Home | Baxter | AR | 72653 | Multifamily | Low Rise | 2020 | NAP | 10 | Units | 689,000 | 689,000 | 689,000 | 126,000 | 45,184 | 80,816 | 6/30/2023 | T-3 Ann | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 120,144 | 42,596 | 77,548 | 2,500 | 0 | 75,048 | 1,080,000 | As Is | 6/27/2023 | 100.0% | 8/17/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12 | Loan | 2 | Keyport Industrial Portfolio | 2.7% | CREFI | CREFI | Group B | NAP | Various | Keyport | Monmouth | NJ | 07735 | Industrial | Warehouse | Various | Various | 196,671 | SF | 106.78 | 21,000,000 | 21,000,000 | 21,000,000 | 7.84000% | NAP | 139,105.56 | NAP | 1,669,266.72 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/29/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(32),O(3) | 1,811,224 | 473,560 | 1,337,664 | 6/30/2023 | T-12 | 1,531,983 | 415,332 | 1,116,651 | 12/31/2022 | T-12 | 1,134,657 | 400,209 | 734,449 | 12/31/2021 | T-12 | 93.4% | 3,024,424 | 504,545 | 2,519,879 | 0 | 59,804 | 2,460,076 | 1.51 | 1.47 | 12.0% | 11.7% | 32,700,000 | As Is | 7/10/2023 | 64.2% | 64.2% | 93.4% | 6/23/2023 | 30,462 | 15,231 | 49,172 | 9,834 | 359,843 | 0 | 0 | 150,000 | Springing | 150,000 | 0 | 0 | 0 | 66,800 | 538,003 | 0 | Unfunded Obligations Reserve ($350,000); Free Rent Reserve ($100,618); Gap Rent Reserve ($87,385) | 0 | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Avrohom Schlaff and Chanie Ann Bierman | Avrohom Schlaff and Chanie Ann Bierman | No | Yes | Refinance | 21,000,000 | 72,153 | 0 | 0 | 21,072,153 | 18,788,500 | 0 | 1,089,373 | 1,194,280 | 0 | 0 | 21,072,153 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||
| 12.01 | Property | 1 | 3 Cass Street | 1.9% | 70.0% | 3 Cass Street | Keyport | Monmouth | NJ | 07735 | Industrial | Warehouse | 1920 | 1980 | 121,395 | SF | 14,700,000 | 14,700,000 | 14,700,000 | 1,029,222 | 282,285 | 746,937 | 6/30/2023 | T-12 | 852,900 | 243,595 | 609,304 | 12/31/2022 | T-12 | 641,586 | 221,577 | 420,009 | 12/31/2021 | T-12 | 92.7% | 2,040,698 | 308,577 | 1,732,120 | 0 | 45,970 | 1,686,150 | 21,800,000 | As Is | 7/10/2023 | 89.3% | 6/23/2023 | No | BTNJ Keyport | 40,001 | 33.0% | 6/30/2029 | Automoby LLC | 30,000 | 24.7% | 1/31/2033 | Secret Box Distribution Corp | 25,000 | 20.6% | 5/31/2033 | Kastle Fundraising | 4,500 | 3.7% | 8/31/2028 | Craftsman Railing | 3,701 | 3.0% | 2/28/2024 | 7/17/2023 | NAP | 7/17/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12.02 | Property | 1 | 120 Francis Street | 0.8% | 30.0% | 120 Francis Street | Keyport | Monmouth | NJ | 07735 | Industrial | Warehouse | 1900 | 2020 | 75,276 | SF | 6,300,000 | 6,300,000 | 6,300,000 | 782,002 | 191,275 | 590,727 | 6/30/2023 | T-12 | 679,083 | 171,737 | 507,347 | 12/31/2022 | T-12 | 493,071 | 178,631 | 314,440 | 12/31/2021 | T-12 | 95.0% | 983,726 | 195,967 | 787,759 | 0 | 13,834 | 773,925 | 10,900,000 | As Is | 7/10/2023 | 100.0% | 6/23/2023 | No | Method Associates | 25,520 | 33.9% | 10/31/2027 | Retro Productions | 8,764 | 11.6% | 7/31/2024 | Ariston Chimney LLC | 7,400 | 9.8% | 8/31/2028 | Key Port Borough | 6,954 | 9.2% | 7/31/2026 | Fort Lauderdale Millwork Inc dba FTLA Millwork | 6,500 | 8.6% | 12/31/2033 | 7/17/2023 | NAP | 7/17/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 13 | Loan | 1 | New Mountain - Cathay Industries | 2.6% | 100.0% | GSBI | GSMC | Group A | NAP | 3700 East Olympic Boulevard | Los Angeles | Los Angeles | CA | 90023 | Industrial | Manufacturing/Warehouse | 1924 | 1999 | 218,000 | SF | 94.13 | 20,520,000 | 20,520,000 | 20,520,000 | 6.12320% | NAP | 106,160.98 | NAP | 1,273,931.76 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/10/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(23),YM1(1),DorYM1(31),O(5) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 4,260,240 | 852,048 | 3,408,192 | 32,700 | 65,400 | 3,310,092 | 2.68 | 2.60 | 16.6% | 16.1% | 51,900,000 | As Is | 8/3/2023 | 39.5% | 39.5% | 100.0% | 10/6/2023 | Yes | Cathay Industries | 218,000 | 100.0% | 10/31/2037 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 9/14/2023 | NAP | 9/14/2023 | 9/14/2023 | 24% | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 65,400 | 0 | Springing | 327,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | New Mountain Net Lease Partners II Corporation | New Mountain Net Lease Partners II Corporation | No | No | Acquisition | No | 20,520,000 | 31,984,414 | 0 | 0 | 52,504,414 | 0 | 51,300,000 | 1,204,414 | 0 | 0 | 0 | 52,504,414 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||
| 14 | Loan | 13 | Merit Hill Self Storage | 2.6% | GSBI, WFBNA | GSMC | NAP | NAP | Various | Various | Various | Various | Various | Self Storage | Self Storage | Various | Various | 832,976 | SF | 102.04 | 20,000,000 | 20,000,000 | 20,000,000 | 7.03000% | NAP | 118,793.98 | NAP | 1,425,527.76 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/22/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(23),YM1(2),DorYM1(28),O(7) | 12,013,064 | 4,768,196 | 7,244,868 | 7/31/2023 | T-12 | 11,420,348 | 4,394,178 | 7,026,170 | 12/31/2022 | T-12 | 9,937,754 | 4,247,197 | 5,690,557 | 12/31/2021 | T-12 | 100.0% | 12,172,844 | 4,830,213 | 7,342,631 | 83,298 | 0 | 7,259,334 | 1.21 | 1.20 | 8.6% | 8.5% | 142,000,000 | As Is Portfolio | Various | 59.9% | 59.9% | 92.8% | 7/31/2023 | 0 | Springing | 0 | Springing | 0 | 6,941 | 249,893 | 0 | 0 | 0 | 0 | 0 | 0 | 61,270 | 0 | 0 | 0 | NAP | NAP | Soft | Springing | Yes | No | Yes | No | 20,000,000 | 65,000,000 | 386,080.44 | 504,874.42 | NAP | NAP | 85,000,000 | 504,874.42 | 59.9% | 1.20 | 8.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Centerbridge Partners Real Estate Fund, L.P. and CCP III AIV III, L.P. | Merit Hill Holdings REIT LLC and Merit Hill Holdings REIT II LLC | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||
| 14.01 | Property | 1 | Parkglenn Self-Storage | 0.3% | 10.7% | 10144 Parkglenn Way | Parker | Douglas | CO | 80134 | Self Storage | Self Storage | 2008 | NAP | 75,527 | SF | 2,132,941 | 2,132,941 | 2,132,941 | 1,215,086 | 497,641 | 717,444 | 7/31/2023 | T-12 | 1,188,392 | 500,238 | 688,154 | 12/31/2022 | T-12 | 989,239 | 445,531 | 543,708 | 12/31/2021 | T-12 | 100.0% | 1,224,766 | 494,452 | 730,314 | 7,553 | 0 | 722,761 | 14,450,000 | As Is | 8/8/2023 | 94.4% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.02 | Property | 1 | 13404 E Broncos Pkwy | 0.2% | 8.3% | 13404 East Broncos Parkway | Englewood | Arapahoe | CO | 80112 | Self Storage | Self Storage | 2016 | NAP | 64,460 | SF | 1,659,059 | 1,659,059 | 1,659,059 | 973,511 | 536,701 | 436,810 | 7/31/2023 | T-12 | 921,192 | 434,523 | 486,670 | 12/31/2022 | T-12 | 704,303 | 408,593 | 295,710 | 12/31/2021 | T-12 | 100.0% | 988,719 | 502,306 | 486,413 | 6,446 | 0 | 479,967 | 11,240,000 | As Is | 8/8/2023 | 98.3% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.03 | Property | 1 | 3803 N Navarro St | 0.2% | 7.4% | 3803 North Navarro Street | Victoria | Victoria | TX | 77901 | Self Storage | Self Storage | 1998 | NAP | 81,250 | SF | 1,476,235 | 1,476,235 | 1,476,235 | 916,169 | 304,898 | 611,271 | 7/31/2023 | T-12 | 902,247 | 305,100 | 597,147 | 12/31/2022 | T-12 | 782,857 | 315,045 | 467,812 | 12/31/2021 | T-12 | 100.0% | 902,552 | 335,655 | 566,897 | 8,125 | 0 | 558,772 | 10,000,000 | As Is | 8/11/2023 | 84.4% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.04 | Property | 1 | 2005 W Wheeler Ave | 0.1% | 5.6% | 2005 West Wheeler Avenue | Aransas Pass | San Patricio | TX | 78336 | Self Storage | Self Storage | 1998 | NAP | 56,950 | SF | 1,129,176 | 1,129,176 | 1,129,176 | 782,739 | 311,524 | 471,215 | 7/31/2023 | T-12 | 755,758 | 299,322 | 456,436 | 12/31/2022 | T-12 | 672,275 | 292,723 | 379,552 | 12/31/2021 | T-12 | 100.0% | 817,348 | 350,294 | 467,054 | 5,695 | 0 | 461,359 | 7,650,000 | As Is | 8/10/2023 | 94.0% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.05 | Property | 1 | 2102 NW Stallings Dr | 0.2% | 5.9% | 2102 Northwest Stallings Drive | Nacogdoches | Nacogdoches | TX | 75964 | Self Storage | Self Storage | 1998 | NAP | 57,100 | SF | 1,180,941 | 1,180,941 | 1,180,941 | 723,214 | 267,772 | 455,442 | 7/31/2023 | T-12 | 675,338 | 245,232 | 430,106 | 12/31/2022 | T-12 | 567,698 | 230,467 | 337,231 | 12/31/2021 | T-12 | 100.0% | 760,156 | 266,361 | 493,795 | 5,710 | 0 | 488,085 | 8,000,000 | As Is | 8/9/2023 | 96.7% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.06 | Property | 1 | 1600 E General Cavazos Blvd | 0.1% | 5.0% | 1600 East General Cavazos Boulevard | Kingsville | Kleberg | TX | 78363 | Self Storage | Self Storage | 2000 | NAP | 56,550 | SF | 1,003,765 | 1,003,765 | 1,003,765 | 723,991 | 273,345 | 450,646 | 7/31/2023 | T-12 | 704,274 | 277,426 | 426,848 | 12/31/2022 | T-12 | 641,035 | 249,813 | 391,222 | 12/31/2021 | T-12 | 100.0% | 743,656 | 335,322 | 408,334 | 5,655 | 0 | 402,679 | 6,800,000 | As Is | 8/10/2023 | 94.7% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.07 | Property | 1 | 3817 Gulf Freeway | 0.1% | 5.2% | 3817 Gulf Freeway | Dickinson | Galveston | TX | 77539 | Self Storage | Self Storage | 2003 | NAP | 71,925 | SF | 1,048,000 | 1,048,000 | 1,048,000 | 820,163 | 517,867 | 302,296 | 7/31/2023 | T-12 | 820,225 | 436,176 | 384,049 | 12/31/2022 | T-12 | 703,232 | 363,771 | 339,461 | 12/31/2021 | T-12 | 100.0% | 823,488 | 445,949 | 377,539 | 7,193 | 0 | 370,346 | 7,100,000 | As Is | 8/10/2023 | 95.3% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.08 | Property | 1 | 11615 Rubina Pl | 0.1% | 4.0% | 11615 Rubina Place | Waldorf | Charles | MD | 20602 | Self Storage | Self Storage | 2011 | NAP | 32,700 | SF | 797,176 | 797,176 | 797,176 | 515,616 | 233,168 | 282,448 | 7/31/2023 | T-12 | 411,326 | 244,714 | 166,612 | 12/31/2022 | T-12 | 184,388 | 234,628 | (50,240) | 12/31/2021 | T-12 | 100.0% | 534,620 | 229,219 | 305,401 | 3,270 | 0 | 302,131 | 5,400,000 | As Is | 8/9/2023 | 89.4% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/28/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.09 | Property | 1 | 30690 Aldine Westfield Rd | 0.3% | 10.0% | 30690 Aldine Westfield Road | Spring | Montgomery | TX | 77386 | Self Storage | Self Storage | 2017 | NAP | 109,300 | SF | 2,007,529 | 2,007,529 | 2,007,529 | 1,159,823 | 440,169 | 719,654 | 7/31/2023 | T-12 | 1,164,983 | 431,728 | 733,254 | 12/31/2022 | T-12 | 1,105,092 | 482,107 | 622,984 | 12/31/2021 | T-12 | 100.0% | 1,149,418 | 399,536 | 749,882 | 10,930 | 0 | 738,952 | 13,600,000 | As Is | 8/10/2023 | 91.3% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/22/2023 | NAP | 8/27/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.10 | Property | 1 | 4222 N Main St | 0.1% | 3.8% | 4222 North Main Street | Baytown | Harris | TX | 77521 | Self Storage | Self Storage | 1986 | 2022 | 66,250 | SF | 752,706 | 752,706 | 752,706 | 590,114 | 338,200 | 251,913 | 7/31/2023 | T-12 | 516,525 | 292,413 | 224,112 | 12/31/2022 | T-12 | 394,977 | 304,839 | 90,138 | 12/31/2021 | T-12 | 100.0% | 591,772 | 329,773 | 261,999 | 6,625 | 0 | 255,374 | 5,100,000 | As Is | 8/10/2023 | 94.2% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/27/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.11 | Property | 1 | 2615 East 12th Street | 0.5% | 21.3% | 2615 East 12th Street | Oakland | Alameda | CA | 94606 | Self Storage | Self Storage | 1975 | 2004 | 88,480 | SF | 4,258,824 | 4,258,824 | 4,258,824 | 2,210,647 | 651,574 | 1,559,072 | 7/31/2023 | T-12 | 2,048,712 | 582,139 | 1,466,573 | 12/31/2022 | T-12 | 1,899,866 | 565,068 | 1,334,798 | 12/31/2021 | T-12 | 100.0% | 2,261,971 | 757,955 | 1,504,016 | 8,848 | 0 | 1,495,168 | 28,850,000 | As Is | 8/5/2023 | 95.4% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/25/2023 | NAP | 8/25/2023 | 8/25/2023 | 13% | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.12 | Property | 1 | 630 Macarthur Boulevard & 59 Jonathan Bourne Drive | 0.3% | 10.2% | 630 MacArthur Boulevard & 59 Jonathan Bourne Drive | Bourne | Barnstable | MA | 02559 | Self Storage | Self Storage | 1984, 2002 | NAP | 51,157 | SF | 2,036,941 | 2,036,941 | 2,036,941 | 1,055,514 | 308,099 | 747,415 | 7/31/2023 | T-12 | 1,015,008 | 260,869 | 754,139 | 12/31/2022 | T-12 | 1,045,680 | 236,797 | 808,883 | 12/31/2021 | T-12 | 100.0% | 1,041,903 | 295,259 | 746,645 | 5,116 | 0 | 741,529 | 13,800,000 | As Is | 8/3/2023 | 86.8% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/20/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 14.13 | Property | 1 | 12 Irongate Drive | 0.1% | 2.6% | 12 Irongate Drive | Waldorf | Charles | MD | 20602 | Self Storage | Self Storage | 1984 | NAP | 21,327 | SF | 516,706 | 516,706 | 516,706 | 326,479 | 87,238 | 239,241 | 7/31/2023 | T-12 | 296,368 | 84,299 | 212,069 | 12/31/2022 | T-12 | 247,113 | 117,815 | 129,298 | 12/31/2021 | T-12 | 100.0% | 332,474 | 88,132 | 244,342 | 2,133 | 0 | 242,209 | 3,500,000 | As Is | 8/9/2023 | 84.2% | 7/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/28/2023 | NAP | 8/25/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 15 | Loan | 1 | 11 West 42nd Street | 2.4% | 100.0% | UBS, LMF, BOA | BMO, LMF | NAP | NAP | 11 West 42nd Street | New York | New York | NY | 10036 | Office | CBD | 1927 | 2018 | 960,568 | SF | 285.25 | 18,833,333 | 18,833,333 | 18,833,333 | 7.44000% | NAP | 118,388.42 | NAP | 1,420,661.04 | Interest Only | No | Actual/360 | 60 | 56 | 60 | 56 | 0 | 0 | 6/30/2023 | 4 | 6 | 8/6/2023 | NAP | 7/6/2028 | 7/6/2028 | 0 | 0 | L(23),YM1(5),DorYM1(25),O(7) | 62,683,274 | 35,986,252 | 26,697,022 | 3/31/2023 | T-12 | 61,168,739 | 34,495,528 | 26,673,211 | 12/31/2022 | T-12 | 60,959,925 | 34,523,645 | 26,436,280 | 12/31/2021 | T-12 | 95.0% | 70,904,067 | 39,203,449 | 31,700,618 | 192,114 | 2,881,704 | 28,626,800 | 1.53 | 1.39 | 11.6% | 10.4% | 555,000,000 | As Is | 4/19/2023 | 49.4% | 49.4% | 98.6% | 5/1/2023 | No | Michael Kors (USA), Inc | 254,485 | 26.5% | 330 SF in 11/30/2023; 6,436 SF in 3/31/2025; 236,974 SF in 3/31/2026; 10,745 SF in 9/30/2029 | First-Citizens Bank & Trust Company | 153,680 | 16.0% | 5/31/2034 | New York University | 117,382 | 12.2% | 6/30/2027 | Kohn Pedersen Fox Associates, P.C. | 92,788 | 9.7% | 15,400 SF in 4/30/2027; 77,388 SF in 5/31/2038 | Burberry (Wholesale) Limited | 45,509 | 4.7% | 8/31/2037 | 4/24/2023 | NAP | 5/19/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 288,170 | 10,000,000 | 240,142 | 0 | 0 | 0 | 0 | 0 | 19,165,251 | 0 | Landlord Obligation Reserve ($13,479,707.20), Free Rent Reserve ($5,685,543.94) | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 18,833,333 | 255,166,667 | 1,604,006.02 | 1,722,394.44 | NAP | NAP | 274,000,000 | 1,722,394.44 | 49.4% | 1.39 | 11.6% | 56,000,000 | 14.00000% | 330,000,000 | 2,384,801.85 | 59.5% | 1 | 9.6% | No | NAP | Tishman Speyer Properties, L.P. and Silverstein Properties, LLC | 11 West 42 Realty Investors, L.L.C. | No | No | Refinance | No | 274,000,000 | 13,988,916 | 56,000,000 | 0 | 343,988,916 | 301,013,950 | 0 | 13,809,715 | 29,165,251 | 0 | 0 | 343,988,916 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |
| 16 | Loan | 2 | New Mountain - Alliance | 2.3% | GSBI | GSMC | Group A | NAP | Various | Various | Various | Various | Various | Industrial | Warehouse/Distribution | Various | Various | 282,083 | SF | 64.29 | 18,136,250 | 18,136,250 | 18,136,250 | 6.47320% | NAP | 99,191.77 | NAP | 1,190,301.24 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/10/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(23),YM1(1),DorYM1(31),O(5) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 3,107,100 | 621,420 | 2,485,680 | 42,312 | 84,625 | 2,358,743 | 2.09 | 1.98 | 13.7% | 13.0% | 36,700,000 | As Is | Various | 49.4% | 49.4% | 100.0% | 10/6/2023 | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 423,125 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | New Mountain Net Lease Partners II Corporation | New Mountain Net Lease Partners II Corporation | No | No | Acquisition | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||||||||||||||||||||||||||||||||||||
| 16.01 | Property | 1 | 11126 McCormick Rd | 1.2% | 52.4% | 11126 McCormick Road | Hunt Valley | Baltimore | MD | 21031 | Industrial | Warehouse/Distribution | 1972 | 2002 | 167,083 | SF | 9,508,950 | 9,508,950 | 9,508,950 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,629,072 | 325,814 | 1,303,258 | 25,062 | 50,125 | 1,228,070 | 20,200,000 | As Is | 8/4/2023 | 100.0% | 10/6/2023 | Yes | Tessco Incorporated | 167,083 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/27/2022 | NAP | 12/28/2022 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 16.02 | Property | 1 | 4775 Aircenter Cir | 1.1% | 47.6% | 4775 Aircenter Circle | Reno | Washoe | NV | 89502 | Industrial | Warehouse/Distribution | 1984 | NAP | 115,000 | SF | 8,627,300 | 8,627,300 | 8,627,300 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,478,028 | 295,606 | 1,182,422 | 17,250 | 34,500 | 1,130,672 | 16,500,000 | As Is | 8/8/2023 | 100.0% | 10/6/2023 | Yes | Tessco Incorporated | 115,000 | 100.0% | 7/31/2043 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/27/2022 | NAP | 12/28/2022 | 12/19/2022 | 15% | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 17 | Loan | 1 | California High Tech Logistics | 2.3% | 100.0% | SGFC | SGFC | NAP | NAP | 14063 East Brown Street | Riverside | Riverside | CA | 92508 | Industrial | Warehouse/Distribution | 2019 | NAP | 596,090 | SF | 117.43 | 18,000,000 | 18,000,000 | 18,000,000 | 8.12200% | NAP | 123,522.08 | NAP | 1,482,264.96 | Interest Only | No | Actual/360 | 60 | 53 | 60 | 53 | 0 | 0 | 3/31/2023 | 7 | 1 | 5/1/2023 | NAP | 4/1/2028 | 4/1/2028 | 0 | 0 | L(12),YM1(41),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 9,291,231 | 1,434,983 | 7,856,248 | 59,609 | 119,218 | 7,677,421 | 1.36 | 1.33 | 11.2% | 11.0% | 161,200,000 | As Is | 1/4/2023 | 43.4% | 43.4% | 100.0% | 11/1/2023 | Yes | High Tech Logistics | 596,090 | 100.0% | 3/31/2043 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 1/4/2023 | NAP | 1/4/2023 | 1/4/2023 | 8% | No | Fee | NAP | NAP | NAP | NAP | 88,186 | 88,186 | 22,717 | 11,359 | 0 | 4,967 | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 800,000 | 0 | Lease Security Deposit Reserve | 0 | NAP | NAP | Springing | Springing | Yes | Yes | Yes | No | 18,000,000 | 52,000,000 | 356,841.58 | 480,363.66 | NAP | NAP | 70,000,000 | 480,363.66 | 43.4% | 1.33 | 11.2% | 10,000,000 | 10.25000% | 80,000,000 | 566,966.67 | 49.6% | 1.13 | 9.8% | No | NAP | Devi Alfaks, Moshe Kupferstein, Dib Chaaya, Edward Alfaks, Morris Alfaks and Salim Mann | Devi Alfaks, Moshe Kupferstein, Dib Chaaya, Edward Alfaks, Morris Alfaks and Salim Mann | No | No | Acquisition | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 18 | Loan | 1 | Short Pump Town Center | 2.3% | 100.0% | GSBI, BANA | GSMC | NAP | NAP | 11800 West Broad Street | Richmond | Henrico | VA | 23233 | Retail | Open-Air Lifestyle Center | 2003 | 2014 | 635,494 | SF | 283.24 | 17,500,000 | 17,500,000 | 17,500,000 | 8.30300% | NAP | 122,767.16 | NAP | 1,473,205.92 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 7/6/2023 | 3 | 1 | 9/1/2023 | NAP | 8/1/2028 | 8/1/2028 | 0 | 0 | L(27),D(26),O(7) | 36,340,397 | 8,399,562 | 27,940,835 | 5/31/2023 | T-12 | 33,508,680 | 7,507,842 | 26,000,838 | 12/31/2022 | T-12 | 29,668,166 | 7,798,544 | 21,869,622 | 12/31/2021 | T-12 | 94.2% | 34,231,796 | 8,446,932 | 25,784,865 | 127,099 | 1,270,988 | 24,386,778 | 1.70 | 1.61 | 14.3% | 13.5% | 378,000,000 | As Is (Extraordinary Assumptions) | 6/7/2023 | 47.6% | 47.6% | 94.4% | 6/20/2023 | No | Crate & Barrel | 34,597 | 5.4% | 1/31/2024 | H&M | 21,334 | 3.4% | 4/30/2026 | Saxon Shoes & Accessories | 21,178 | 3.3% | 3/31/2026 | The Container Store | 18,942 | 3.0% | 2/29/2032 | LL Bean | 15,553 | 2.4% | 1/31/2026 | 5/15/2023 | NAP | 5/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 254,198 | 6,639,981 | Springing | 2,541,976 | 0 | 0 | 0 | 0 | 241,234 | 0 | Gap Rent Reserve | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 17,500,000 | 162,500,000 | 1,139,980.76 | 1,262,747.92 | NAP | NAP | 180,000,000 | 1,262,747.92 | 47.6% | 1.61 | 14.3% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Forest City Realty Trust, LLC, MJGT Associates, LLC, and Queensland Investment Corporation | Forest City Realty Trust LLC | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 19 | Loan | 1 | 601 Hawaii St | 2.0% | 100.0% | DBRI | GACC | NAP | NAP | 601 Hawaii Street | El Segundo | Los Angeles | CA | 90245 | Office | Medical | 1963 | 2003 | 50,751 | SF | 301.47 | 15,300,000 | 15,300,000 | 15,300,000 | 7.83200% | NAP | 101,244.92 | NAP | 1,214,939.04 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/10/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(24),D(29),O(7) | 1,999,460 | 437,249 | 1,562,211 | 8/1/2023 | T-12 | 1,970,925 | 444,409 | 1,526,516 | 12/31/2022 | T-12 | 1,892,916 | 422,140 | 1,470,776 | 12/31/2021 | T-12 | 95.0% | 2,140,507 | 455,212 | 1,685,295 | 10,150 | 76,127 | 1,599,019 | 1.39 | 1.32 | 11.0% | 10.5% | 27,100,000 | As Is | 7/21/2023 | 56.5% | 56.5% | 100.0% | 11/6/2023 | Yes | DaVita Inc | 50,751 | 100.0% | 8/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/4/2023 | NAP | 8/18/2023 | 8/4/2023 | 14% | No | Fee | NAP | NAP | NAP | NAP | 80,199 | 10,025 | 66,170 | 5,514 | 0 | Springing | 0 | 0 | 6,344 | 304,506 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Michael Niven | Michael Niven | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 20 | Loan | 1 | Overlook at Ballantyne | 1.9% | 100.0% | DBRI | GACC | NAP | NAP | 13146 Ballantyne Corporate Place | Charlotte | Mecklenburg | NC | 28277 | Office | Suburban | 2020 | NAP | 320,801 | SF | 293.02 | 15,000,000 | 15,000,000 | 15,000,000 | 7.38750% | NAP | 93,626.30 | NAP | 1,123,515.60 | Interest Only | No | Actual/360 | 56 | 55 | 56 | 55 | 0 | 0 | 9/13/2023 | 1 | 6 | 11/6/2023 | NAP | 6/6/2028 | 6/6/2028 | 5 | 0 | L(23),YM1(2),DorYM1(25),O(6) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 92.4% | 12,750,089 | 2,792,400 | 9,957,689 | 44,912 | 144,900 | 9,767,877 | 1.41 | 1.39 | 10.6% | 10.4% | 150,700,000 | As Is | 6/10/2023 | 62.4% | 62.4% | 92.5% | 9/13/2023 | No | Credit Karma | 224,201 | 69.9% | 6/30/2031 | Endurance Services Limited | 43,123 | 13.4% | 12/31/2032 | Compass North | 7,935 | 2.5% | 6/30/2033 | Strategic Wealth | 3,540 | 1.1% | 5/31/2033 | NAP | NAP | NAP | NAP | 6/8/2023 | NAP | 6/8/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 0 | Springing | 0 | Springing | 0 | Springing | 0 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | 0 | NAP | NAP | Hard | Springing | Yes | Yes | Yes | No | 15,000,000 | 79,000,000 | 493,098.53 | 586,724.83 | NAP | NAP | 94,000,000 | 586,724.83 | 62.4% | 1.39 | 10.6% | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | John Kukral or Michael Profenius | Northwood Real Estate Partners LP, Northwood Real Estate Partners TE LP, Northwood Employees LP, Northwood Real Estate Co-Investors LP, Northwood Employees Co-Invest LP and Northwood Real Estate Co-Investors TE LP | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 21 | Loan | 3 | The Schlaff Mixed Use Portfolio | 1.6% | CREFI | CREFI | Group B | NAP | Various | Various | Various | Various | Various | Various | Various | Various | Various | 84,179 | SF | 151.46 | 12,750,000 | 12,750,000 | 12,750,000 | 8.29000% | NAP | 89,304.60 | NAP | 1,071,655.20 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 10/3/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(31),O(4) | 1,231,823 | 447,626 | 784,197 | 8/31/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,897,017 | 478,882 | 1,418,136 | 0 | 51,768 | 1,366,368 | 1.32 | 1.28 | 11.1% | 10.7% | 21,900,000 | As Is | Various | 58.2% | 58.2% | 100.0% | 6/1/2023 | 50,540 | 16,847 | 35,911 | 11,970 | 80,250 | 0 | 0 | 0 | 4,836 | 0 | 0 | 0 | 0 | 141,790 | 28,125 | 0 | Free Rent Reserve | 0 | NAP | NAP | Springing | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Avrohom Schlaff | Avrohom Schlaff | No | No | Refinance | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||
| 21.01 | Property | 1 | 2011 8th Street | 1.1% | 65.3% | 2011 8th Street | North Bergen | Hudson | NJ | 07047 | Industrial | Manufacturing | 1940 | NAP | 53,550 | SF | 8,322,000 | 8,322,000 | 8,322,000 | 754,227 | 214,941 | 539,286 | 8/31/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 1,280,623 | 280,505 | 1,000,118 | 0 | 32,961 | 967,157 | 15,600,000 | As Is | 8/3/2023 | 100.0% | 6/1/2023 | No | JMB Food Services | 12,500 | 23.3% | 9/30/2028 | Amaro Food Inc | 11,250 | 21.0% | 10/31/2028 | NJ Warehousing LLC | 11,000 | 20.5% | 10/31/2027 | Sales Support NJ Inc. | 8,050 | 15.0% | 3,050 SF expiring 2/29/2028; 5,000 SF expiring 8/31/2028 | Bumper to Bumper LLC | 4,700 | 8.8% | 10/31/2027 | 8/7/2023 | NAP | 8/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 21.02 | Property | 1 | 183 Monroe Street | 0.4% | 22.3% | 183 Monroe Street | Passaic | Passaic | NJ | 07055 | Industrial | Warehouse | 1940 | 2023 | 24,900 | SF | 2,838,000 | 2,838,000 | 2,838,000 | 265,687 | 170,177 | 95,510 | 8/31/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 402,154 | 149,581 | 252,574 | 0 | 15,340 | 237,234 | 3,400,000 | As Is | 8/3/2023 | 100.0% | 6/1/2023 | No | Marbcon | 8,000 | 32.1% | 3/31/2026 | Omar Wiilson | 2,800 | 11.2% | 6/30/2026 | Perfection Electricks | 2,800 | 11.2% | 12/31/2025 | Sideways Triangle LLC | 2,200 | 8.8% | 6/30/2026 | David Estey Piano Service | 2,200 | 8.8% | MTM | 8/7/2023 | NAP | 8/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 21.03 | Property | 1 | 2137-2143 Cortelyou Road | 0.2% | 12.5% | 2137-2143 Cortelyou Road | Brooklyn | Kings | NY | 11126 | Mixed Use | Retail/Multifamily | 1930 | NAP | 5,729 | SF | 1,590,000 | 1,590,000 | 1,590,000 | 211,909 | 62,508 | 149,401 | 8/31/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 214,241 | 48,796 | 165,445 | 0 | 3,467 | 161,978 | 2,900,000 | As Is | 7/28/2023 | 100.0% | 6/1/2023 | No | Empire Group Services Inc. | 1,200 | 20.9% | 12/31/2027 | Sylco Consulting | 900 | 15.7% | 11/30/2027 | Mavros Transportation Inc | 900 | 15.7% | 7/31/2028 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/7/2023 | NAP | 8/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 22 | Loan | 1 | 2219 N Hamilton Avenue | 1.4% | 100.0% | GSBI | GSMC | NAP | NAP | 2219 North Hamilton Avenue | Chicago | Cook | IL | 60647 | Multifamily | Low Rise | 1909 | 2023 | 23 | Units | 477,173.91 | 10,975,000 | 10,975,000 | 10,975,000 | 6.75000% | NAP | 62,591.80 | NAP | 751,101.60 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 7/13/2023 | 3 | 6 | 9/6/2023 | NAP | 8/6/2028 | 8/6/2028 | 5 | 0 | L(27),D(26),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 96.0% | 1,032,458 | 150,828 | 881,630 | 5,750 | 0 | 875,880 | 1.17 | 1.17 | 8.0% | 8.0% | 15,500,000 | As Is | 5/19/2023 | 70.8% | 70.8% | 100.0% | 10/2/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/29/2023 | NAP | 6/30/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 8,322 | 4,161 | 2,964 | 1,482 | 0 | 479 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | NAP | None | None | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Anthony John Chedid III | Anthony John Chedid III | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
| 23 | Loan | 1 | Harborside 2-3 | 1.3% | 100.0% | BMO, CREFI | BMO | NAP | NAP | 200-210 Hudson Street | Jersey City | Hudson | NJ | 07311 | Office | CBD | 1930 | 2021 | 1,599,029 | SF | 140.71 | 10,000,000 | 10,000,000 | 10,000,000 | 5.84000% | NAP | 49,342.59 | NAP | 592,111.08 | Interest Only | No | Actual/360 | 60 | 53 | 60 | 53 | 0 | 0 | 4/4/2023 | 7 | 6 | 5/6/2023 | NAP | 4/6/2028 | 4/6/2028 | 0 | 0 | L(31),D(22),O(7) | 49,314,096 | 17,827,217 | 31,486,880 | 12/31/2022 | T-12 | 47,450,874 | 18,047,218 | 29,403,655 | 12/31/2021 | T-12 | 44,617,062 | 18,489,525 | 26,127,537 | 12/31/2020 | T-12 | 74.5% | 51,753,039 | 18,582,167 | 33,170,872 | 319,806 | 1,387,420 | 31,463,647 | 2.49 | 2.36 | 14.7% | 14.0% | 396,000,000 | As Is | 2/7/2023 | 56.8% | 56.8% | 75.1% | 3/22/2023 | No | MUFG Bank Ltd. | 137,076 | 8.6% | 8/31/2029 | E-Trade Financial Corporation | 132,265 | 8.3% | 1/31/2031 | Collectors Universe | 130,419 | 8.2% | 11/30/2038 | Sumitomo Mitsui Banking | 111,605 | 7.0% | 12/31/2036 | Arch Insurance Company | 106,815 | 6.7% | 5/31/2024 | 3/24/2023 | NAP | 3/3/2023 | NAP | NAP | Yes - AE | Fee | NAP | NAP | NAP | NAP | 696,822 | 696,822 | 272,774 | 136,387 | 8,000,000 | 26,650 | 0 | 15,000,000 | Springing | 15,000,000 | 0 | 0 | 0 | 0 | 40,614,319 | 0 | Sea Wall Repair Reserve ($25,000,000), Unfunded Obligations Reserve ($14,195,734), Elevator Modernization Reserve ($1,418,585.35) | 0 | NAP | NAP | Hard | Springing | Yes | No | Yes | No | 10,000,000 | 215,000,000 | 1,060,865.74 | 1,110,208.33 | NAP | NAP | 225,000,000 | 1,110,208.33 | 56.8% | 2.36 | 14.7% | 55,000,000 | 10.50000% | 280,000,000 | 1,598,142.36 | 70.7% | 1.64 | 11.8% | Yes | Future Mezzanine Loan | Mark Karasick and Michael Silberberg | Mark Karasick and Michael Silberberg | No | Yes | Acquisition | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 24 | Loan | 1 | 4041 Linq Lane | 1.3% | 100.0% | GACC | GACC | NAP | NAP | 4041 Linq Lane | Las Vegas | Clark | NV | 89109 | Retail | Unanchored | 1963 | NAP | 19,905 | SF | 494.35 | 9,840,000 | 9,840,000 | 9,840,000 | 8.00400% | NAP | 66,544.37 | NAP | 798,532.44 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 10/4/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(28),O(7) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 83.5% | 1,703,250 | 630,994 | 1,072,256 | 16,322 | 19,905 | 1,036,029 | 1.34 | 1.30 | 10.9% | 10.5% | 23,900,000 | As Is | 7/8/2023 | 41.2% | 41.2% | 79.9% | 10/9/2023 | No | Battista's Hole in the Wall | 9,000 | 45.2% | 4/30/2033 | Stage Door Casino | 6,905 | 34.7% | 4/30/2033 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 12/29/2022 | NAP | 8/8/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 7,391 | 3,696 | 11,040 | 5,520 | 0 | 1,360 | 32,644 | 0 | Springing | 0 | 0 | 0 | 0 | 0 | 264,000 | 0 | Roof Replacement Reserve | 0 | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Richard L. Day | Richard L. Day | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 25 | Loan | 1 | 325 West Side Avenue | 1.2% | 100.0% | DBRI | GACC | NAP | NAP | 325 West Side Avenue | Jersey City | Hudson | NJ | 07305 | Office | Suburban | 2012 | NAP | 41,477 | SF | 216.72 | 8,989,000 | 8,989,000 | 8,989,000 | 7.95000% | NAP | 60,379.24 | NAP | 724,550.88 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 8/24/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 0 | 0 | L(26),D(30),O(4) | 1,689,181 | 313,137 | 1,376,045 | 6/30/2023 | T-12 | 1,595,650 | 353,366 | 1,242,285 | 12/31/2022 | T-12 | 1,608,763 | 377,361 | 1,231,402 | 12/31/2021 | T-12 | 95.0% | 1,637,391 | 351,763 | 1,285,629 | 10,369 | 97,471 | 1,177,788 | 1.77 | 1.63 | 14.3% | 13.1% | 16,400,000 | As Is | 6/15/2023 | 54.8% | 54.8% | 100.0% | 10/6/2023 | Yes | GS-02B-23777 | 41,477 | 100.0% | 3/25/2027 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/21/2023 | NAP | 6/21/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 33,645 | 11,783 | 17,113 | 2,852 | 0 | 864 | 0 | 0 | 8,123 | 0 | 0 | 0 | 0 | 7,875 | 0 | 0 | NAP | 0 | NAP | NAP | Hard | Springing | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | A. Alexander Lari | A. Alexander Lari | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 26 | Loan | 1 | The Lisbon | 1.0% | 100.0% | SMC | SMC | NAP | NAP | 4311 West Vine Street | Kissimmee | Osceola | FL | 34746 | Multifamily | Garden | 1973 | 2022 | 173 | Units | 46,242.77 | 8,000,000 | 8,000,000 | 8,000,000 | 8.54000% | NAP | 57,724.07 | NAP | 692,688.89 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 8/18/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 0 | 0 | L(26),D(30),O(4) | 2,520,655 | 849,481 | 1,671,174 | 6/30/2023 | T-12 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 90.5% | 2,520,655 | 1,310,863 | 1,209,792 | 86,500 | 0 | 1,123,292 | 1.75 | 1.62 | 15.1% | 14.0% | 20,100,000 | As Is | 6/29/2023 | 39.8% | 39.8% | 98.8% | 8/10/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/7/2023 | NAP | 7/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 146,229 | 13,294 | 202,609 | 33,429 | 0 | 7,208 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 124,063 | 0 | 0 | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Paul Turovsky and Rostilav Grigorenko | Paul Turovsky and Rostilav Grigorenko | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
| 27 | Loan | 1 | 8729 Aviation | 1.0% | 100.0% | UBS AG | UBS AG | NAP | NAP | 8729 Aviation Boulevard | Inglewood | Los Angeles | CA | 90301 | Industrial | Flex | 1977 | 2023 | 22,925 | SF | 348.46 | 8,000,000 | 7,988,541 | 7,583,625 | 7.05000% | 53,493.11 | NAP | 641,917.32 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 60 | 58 | 360 | 358 | 9/8/2023 | 2 | 6 | 10/6/2023 | 10/6/2023 | 9/6/2028 | 9/6/2028 | 0 | 0 | L(12),YM1(44),O(4) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 100.0% | 1,116,239 | 221,308 | 894,931 | 3,439 | 37,024 | 854,468 | 1.39 | 1.33 | 11.2% | 10.7% | 14,250,000 | As Is | 5/30/2023 | 56.1% | 53.2% | 100.0% | 11/6/2023 | Yes | Volume Studios, LLC | 22,925 | 100.0% | 8/31/2035 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/5/2023 | NAP | 6/2/2023 | 6/5/2023 | 13% | No | Fee | NAP | NAP | NAP | NAP | 44,978 | 6,815 | 7,520 | 2,892 | 0 | 287 | 0 | 0 | 3,095 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Material Tenant Funds | 0 | NAP | NAP | Hard | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Alan True and Twila True | Alan True and Twila True | No | No | Recapitalization | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 28 | Loan | 1 | 1815-1817 Putnam Avenue | 0.7% | 100.0% | LMF | LMF | NAP | NAP | 1815-1817 Putnam Avenue | Ridgewood | Queens | NY | 11385 | Mixed Use | Multifamily/Retail | 1931 | 2000, 2015 | 15 | Units | 376,666.67 | 5,650,000 | 5,650,000 | 5,650,000 | 7.33000% | NAP | 34,991.42 | NAP | 419,897.04 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 8/30/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 0 | 0 | L(26),D(30),O(4) | 601,680 | 88,518 | 513,162 | 8/31/2023 | T-12 | 542,960 | 90,518 | 452,442 | 12/31/2022 | T-12 | 481,113 | 83,178 | 397,935 | 12/31/2021 | T-12 | 97.8% | 596,365 | 82,824 | 513,541 | 3,248 | 1,650 | 508,643 | 1.22 | 1.21 | 9.1% | 9.0% | 7,600,000 | As Is | 8/7/2023 | 74.3% | 74.3% | 100.0% | 8/1/2023 | No | Cositas Pequenas Inc | 1,650 | 100.0% | 11/30/2026 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/10/2023 | NAP | 8/14/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 11,836 | 3,758 | 4,201 | 800 | 0 | 271 | 0 | 0 | 138 | 0 | 0 | 0 | 0 | 7,200 | 0 | 0 | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Daniel Azoulay | Daniel Azoulay | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
| 29 | Loan | 1 | 2046 Mapes Avenue | 0.7% | 100.0% | SMC | SMC | NAP | NAP | 2046 Mapes Avenue | Bronx | Bronx | NY | 10460 | Multifamily | Mid Rise | 1925 | 2023 | 19 | Units | 276,315.79 | 5,250,000 | 5,250,000 | 5,250,000 | 7.35500% | NAP | 32,625.04 | NAP | 391,500.52 | Interest Only | No | Actual/360 | 60 | 59 | 60 | 59 | 0 | 0 | 9/22/2023 | 1 | 6 | 11/6/2023 | NAP | 10/6/2028 | 10/6/2028 | 0 | 0 | L(25),D(31),O(4) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 97.0% | 594,230 | 87,142 | 507,088 | 4,750 | 0 | 502,338 | 1.30 | 1.28 | 9.7% | 9.6% | 7,900,000 | As Is | 8/31/2023 | 66.5% | 66.5% | 100.0% | 9/22/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/7/2023 | NAP | 8/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 1,496 | 748 | 2,250 | 1,125 | 0 | 396 | 0 | 0 | 0 | 0 | 105,486 | 0 | 0 | 0 | 350,000 | 0 | 421-a Reserve | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Jacob Landau | Jacob Landau | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 30 | Loan | 1 | Richland Garden Apartments | 0.6% | 100.0% | SGFC | SGFC | NAP | NAP | 1749 Richland Avenue | Ceres | Stanislaus | CA | 95307 | Multifamily | Garden | 1988 | 2022 | 40 | Units | 122,500.00 | 4,900,000 | 4,900,000 | 4,900,000 | 7.87000% | NAP | 32,582.16 | NAP | 390,985.92 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 9/1/2023 | 2 | 1 | 10/1/2023 | NAP | 9/1/2028 | 9/1/2028 | 0 | 0 | L(36),YM1(17),O(7) | 711,098 | 294,879 | 416,219 | 6/30/2023 | T-12 | 581,314 | 238,667 | 342,648 | 12/31/2022 | T-12 | NAV | NAV | NAV | NAV | NAV | 95.0% | 844,524 | 301,856 | 542,669 | 10,000 | 0 | 532,669 | 1.39 | 1.36 | 11.1% | 10.9% | 8,580,000 | As Is | 7/28/2023 | 57.1% | 57.1% | 97.5% | 8/29/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/3/2023 | NAP | 8/3/2023 | 8/3/2023 | 5% | No | Fee | NAP | NAP | NAP | NAP | 33,184 | 5,531 | 10,225 | 1,461 | 0 | 833 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,375 | 0 | 0 | NAP | 0 | NAP | NAP | Springing | Springing | Yes | No | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Raul Luna | Raul Luna | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | |||||||||||||
| 31 | Loan | 1 | 2523-2525 Olinville Avenue | 0.6% | 100.0% | SMC | SMC | NAP | NAP | 2523-2525 Olinville Avenue | Bronx | Bronx | NY | 10467 | Multifamily | Low Rise | 1960 | 2023 | 16 | Units | 300,000.00 | 4,800,000 | 4,800,000 | 4,800,000 | 4.85500% | NAP | 19,689.72 | NAP | 236,276.67 | Interest Only | No | Actual/360 | 60 | 57 | 60 | 57 | 0 | 0 | 7/13/2023 | 3 | 6 | 9/6/2023 | NAP | 8/6/2028 | 8/6/2028 | 0 | 0 | L(27),D(28),O(5) | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 97.0% | 425,287 | 64,996 | 360,291 | 4,000 | 0 | 356,291 | 1.52 | 1.51 | 7.5% | 7.4% | 7,100,000 | As Is | 6/6/2023 | 67.6% | 67.6% | 100.0% | 5/1/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 6/7/2023 | NAP | 6/7/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 2,926 | 1,463 | 2,047 | 1,024 | 0 | 333 | 12,000 | 0 | 0 | 0 | 0 | 0 | 0 | 6,325 | 0 | 0 | 0 | NAP | NAP | Soft | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Yeruchem Israel | Yeruchem Israel | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
| 32 | Loan | 1 | Hampton Inn Douglas | 0.6% | 100.0% | SMC | SMC | NAP | NAP | 1604 Peterson Avenue South | Douglas | Coffee | GA | 31533 | Hospitality | Limited Service | 1997 | 2019 | 61 | Rooms | 76,860.23 | 4,700,000 | 4,688,474 | 4,397,249 | 8.50000% | 37,845.67 | NAP | 454,148.04 | NAP | Amortizing Balloon | No | Actual/360 | 0 | 0 | 60 | 57 | 300 | 297 | 7/27/2023 | 3 | 6 | 9/6/2023 | 9/6/2023 | 8/6/2028 | 8/6/2028 | 0 | 0 | L(27),D(28),O(5) | 2,330,169 | 1,258,459 | 1,071,710 | 5/31/2023 | T-12 | 2,095,000 | 1,142,462 | 952,538 | 12/31/2022 | T-12 | 1,213,801 | 702,125 | 511,676 | 12/31/2021 | 9 Mos. | 83.0% | 2,184,860 | 1,249,962 | 934,898 | 109,243 | 0 | 825,655 | 2.06 | 1.82 | 19.9% | 17.6% | 9,600,000 | As Is | 7/6/2023 | 48.8% | 45.8% | 88.5% | 5/31/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/12/2023 | NAP | 7/12/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 15,945 | 1,595 | 14,541 | 7,270 | 0 | 9,104 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Inspection Reserve | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Kendra Plummer | Kendra Plummer | No | No | Refinance | No | 7/31/2031 | 115.56 | 95.91 | 83.0% | 115.56 | 102.29 | 88.5% | 107.62 | 92.17 | 85.6% | 108.05 | 72.34 | 66.9% | |||||||||||||
| 33 | Loan | 1 | Hotel Condor | 0.5% | 100.0% | SMC | SMC | NAP | NAP | 56 Franklin Avenue | Brooklyn | Kings | NY | 11205 | Hospitality | Limited Service | 2009 | 2021 | 35 | Rooms | 120,000.00 | 4,200,000 | 4,200,000 | 4,200,000 | 8.55500% | NAP | 30,358.37 | NAP | 364,300.42 | Interest Only | No | Actual/360 | 60 | 60 | 60 | 60 | 0 | 0 | 10/10/2023 | 0 | 6 | 12/6/2023 | NAP | 11/6/2028 | 11/6/2028 | 0 | 0 | L(24),D(31),O(5) | 1,715,401 | 1,121,014 | 594,387 | 7/31/2023 | T-12 | 1,693,124 | 1,181,696 | 511,428 | 12/31/2022 | T-12 | 1,445,977 | 993,723 | 452,254 | 12/31/2021 | T-12 | 95.0% | 617,500 | 0 | 617,500 | 0 | 0 | 617,500 | 1.70 | 1.70 | 14.7% | 14.7% | 6,600,000 | As Is | 8/17/2023 | 63.6% | 63.6% | 100.0% | 10/10/2023 | Yes | LuxUrban RE Holdings, LLC | 11,232 | 100.0% | 9/30/2038 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/28/2023 | NAP | 8/28/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 11,662 | 2,332 | 8,748 | 2,916 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | NAP | Hard | In Place | Yes | Yes | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Zelig Weiss and Fedor Itskovich | Zelig Weiss and Fedor Itskovich | No | No | Refinance | No | NAP | NAV | NAV | 72.9% | 177.86 | 133.10 | 72.9% | 170.87 | 131.40 | 76.9% | 155.45 | 112.24 | 72.2% | ||||||||||||||
| 34 | Loan | 1 | Deerfield Estates MHP | 0.4% | 100.0% | UBS AG | UBS AG | NAP | NAP | 7701 South U.S. Highway 35 | La Porte | La Porte | IN | 46350 | Manufactured Housing | Manufactured Housing | 1969 | NAP | 94 | Units | 36,702.13 | 3,450,000 | 3,450,000 | 3,450,000 | 7.39100% | NAP | 21,544.25 | NAP | 258,531.00 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 9/8/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 0 | 0 | L(12),YM1(44),O(4) | 500,247 | 223,537 | 276,710 | 6/30/2023 | T-12 | 476,644 | 209,181 | 267,463 | 12/31/2022 | T-12 | 469,016 | 220,183 | 248,833 | 12/31/2021 | T-12 | 91.5% | 550,295 | 220,817 | 329,478 | 5,903 | 0 | 323,575 | 1.27 | 1.25 | 9.6% | 9.4% | 5,450,000 | As Is | 7/24/2023 | 63.3% | 63.3% | 91.5% | 8/9/2023 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 7/19/2023 | NAP | 7/20/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 4,822 | 861 | 5,966 | 1,297 | 0 | 492 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | No | NAP | Kalman Tokarsky and Benzion Friedman | Kalman Tokarsky and Benzion Friedman | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | ||||||||||||||
| 35 | Loan | 1 | 84 Hoyt Street | 0.3% | 100.0% | LMF | LMF | NAP | NAP | 84 Hoyt Street | Brooklyn | Kings | NY | 11201 | Mixed Use | Multifamily/Retail | 1899 | 2022 | 2 | Units | 1,012,500.00 | 2,025,000 | 2,025,000 | 2,025,000 | 7.88000% | NAP | 13,482.19 | NAP | 161,786.28 | Interest Only | No | Actual/360 | 60 | 58 | 60 | 58 | 0 | 0 | 8/16/2023 | 2 | 6 | 10/6/2023 | NAP | 9/6/2028 | 9/6/2028 | 5 | 0 | L(23),YM1(30),O(7) | 223,797 | 16,367 | 207,429 | 7/31/2023 | T-3 | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | NAV | 95.0% | 215,822 | 19,130 | 196,692 | 473 | 733 | 195,486 | 1.22 | 1.21 | 9.7% | 9.7% | 2,700,000 | As Is | 8/8/2023 | 75.0% | 75.0% | 100.0% | 2/1/2023 | No | Fast and Fresh Burrito Deli, Inc. | 733 | 100.0% | 3/31/2030 | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | 8/10/2023 | NAP | 8/11/2023 | NAP | NAP | No | Fee | NAP | NAP | NAP | NAP | 412 | 393 | 518 | 250 | 0 | 39 | 0 | 0 | 61 | 0 | 0 | 0 | 0 | 36,645 | 0 | 0 | 0 | NAP | NAP | Springing | Springing | Yes | No | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | Yes | Future Mezzanine Loan | Abe Cohen | Abe Cohen | No | No | Refinance | No | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP | NAP |