BMO 2025-C11 Mortgage Trust FWP Free writing prospectus

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-280224-05

BMO 2025-C11 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (file no. 333-280224) 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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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., Barclays Capital Inc., 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, Mischler Financial Group, Inc., Natixis Securities Americas LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a "when, as and if issued" basis.

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

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

BMO 2025-C11

Annex A

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
								1	25
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	7.2%	100.0%	Barclays, SGFC, CREFI	Barclays, SGFC	Group B
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	7.2%	100.0%	BMO	BMO, GACC	Group A
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	6.5%	100.0%	SGFC	SGFC	NAP
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	5.1%	100.0%	UBS AG	UBS AG	NAP
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	5.0%	100.0%	UBS AG	UBS AG	NAP
6	Loan	3, 16, 18	1	360 Bowery	4.4%	100.0%	GACC	GACC	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	4.0%	100.0%	CREFI, JPMCB	CREFI	NAP
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	4.0%		BMO	BMO	Group D
8.01	Property		1	FedEx New Stanton	1.5%	37.5%
8.02	Property		1	FedEx Athens	1.1%	27.4%
8.03	Property		1	FedEx Middleborough	0.9%	21.7%
8.04	Property		1	FedEx Cambridge	0.5%	13.4%
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	3.9%	100.0%	BMO	BMO, GACC	Group A
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	3.7%	100.0%	SMC	SMC	NAP
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	3.2%		BMO	BMO	NAP
11.01	Property		1	Seatex - Rosenberg HQ	1.8%	55.3%
11.02	Property		1	Seatex - Rosenberg Plant	0.6%	20.2%
11.03	Property		1	Seatex - El Campo	0.6%	17.4%
11.04	Property		1	Seatex - Pasadena	0.2%	7.0%
12	Loan	6	3	HTI Houston Multifamily Portfolio	2.8%		SMC	SMC	NAP
12.01	Property		1	Innsbruck-Lemoyne Apartments	1.9%	67.5%
12.02	Property		1	Timberline Forest Apartments	0.5%	18.0%
12.03	Property		1	Horizon Apartments	0.4%	14.5%
13	Loan	3, 18	1	Paramount Hotel Seattle	2.8%	100.0%	LCM	LCM	NAP
14	Loan	16	1	224-228 8th Avenue	2.8%	100.0%	CREFI	CREFI	NAP
15	Loan	19, 23	1	The Village at Moorpark	2.6%	100.0%	LMF	LMF	NAP
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	2.5%	100.0%	SMC	SMC	Group E
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	2.2%	100.0%	GSBI	GSMC	NAP
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	2.0%	100.0%	SGFC	SGFC	Group C
19	Loan	2, 19, 27	1	Aloft Ponce	1.8%	100.0%	UBS AG	UBS AG	NAP
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	1.7%	100.0%	SGFC	SGFC	Group C
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	1.6%	100.0%	SGFC	SGFC	NAP
22	Loan		1	Old Orchard Shopping Center	1.5%	100.0%	BMO	BMO	NAP
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	1.5%	100.0%	Natixis, BANA	Natixis	Group B
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	1.2%		SGFC	SGFC	NAP
24.01	Property		1	Daytona's Endless Summer Resort	0.7%	53.3%
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	0.6%	46.7%
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	1.2%	100.0%	SGFC	SGFC	Group C
26	Loan	16	1	Village at Riverstone	1.2%	100.0%	GACC	GACC	NAP
27	Loan	19, 27	1	1733 Bay Tower	1.1%	100.0%	SMC	SMC	Group E
28	Loan	2, 16, 19, 26	1	Hunter Quarry	1.0%	100.0%	Barclays	Barclays	NAP
29	Loan	10, 19, 26, 30	1	Chambers & Villard	1.0%	100.0%	SGFC	SGFC	Group C
30	Loan	4, 16, 22	1	Dublin Court Industrial	0.9%	100.0%	SMC	SMC	NAP
31	Loan	6, 12	2	Zidan Multifamily Portfolio	0.8%		GSC2	GCMC	Group F
31.01	Property		1	The Quarter	0.5%	64.1%
31.02	Property		1	The Herweck	0.3%	35.9%
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	0.7%	100.0%	NCCB	NCB	NAP
33	Loan	12	1	The Arches Apartments	0.7%	100.0%	GSC2	GCMC	Group F
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	0.7%	100.0%	LMF	LMF	NAP
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	0.6%	100.0%	NCCB	NCB	NAP
36	Loan		1	Storage Xxtra Westridge	0.6%	100.0%	SMC	SMC	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	0.6%	100.0%	NCCB	NCB	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	0.6%	100.0%	NCCB	NCB	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	0.5%	100.0%	NCCB	NCB	NAP
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	0.5%	100.0%	NCCB	NCB	NAP
41	Loan		1	Birchleaf Apartments	0.5%	100.0%	GSC2	GCMC	Group F
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	0.5%	100.0%	NCB	NCB	NAP
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	0.5%	100.0%	NCCB	NCB	NAP
44	Loan	13	1	FedEx Enid	0.5%	100.0%	BMO	BMO	Group D
45	Loan		1	290 East 56th Avenue	0.4%	100.0%	SMC	SMC	NAP
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	0.4%	100.0%	NCCB	NCB	NAP
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	0.4%	100.0%	NCCB	NCB	NAP
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	0.3%	100.0%	NCCB	NCB	NAP
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	0.3%	100.0%	NCCB	NCB	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	0.3%	100.0%	NCCB	NCB	NAP
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	0.3%	100.0%	NCCB	NCB	NAP
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	0.2%	100.0%	NCCB	NCB	NAP
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	0.2%	100.0%	NCB	NCB	NAP
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	0.2%	100.0%	NCCB	NCB	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	0.2%	100.0%	NCCB	NCB	NAP
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	0.2%	100.0%	NCCB	NCB	NAP
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	0.2%	100.0%	NCB	NCB	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	0.2%	100.0%	NCB	NCB	NAP
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	0.2%	100.0%	NCCB	NCB	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	0.2%	100.0%	NCCB	NCB	NAP
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	0.1%	100.0%	NCCB	NCB	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	0.1%	100.0%	NCCB	NCB	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	0.1%	100.0%	NCCB	NCB	NAP

A-1

BMO 2025-C11

Annex A

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

1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	NAP	555 The Shops at Mission Viejo
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	NAP	41-45 21st Street and 41-54 22nd Street
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	NAP	340 Mount Kemble Avenue
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	NAP	1099 Alakea Street
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	NAP	29-33 Ninth Avenue
6	Loan	3, 16, 18	1	360 Bowery	NAP	360 Bowery
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	NAP	299 Park Avenue
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	NAP	Various
8.01	Property		1	FedEx New Stanton		2000 Labonte Drive
8.02	Property		1	FedEx Athens		1655 Olympic Drive
8.03	Property		1	FedEx Middleborough		17 Cowan Drive
8.04	Property		1	FedEx Cambridge		8705 Commerce Drive
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	NAP	33 Kings Highway
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	NAP	2481 Crotona Avenue
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	NAP	Various
11.01	Property		1	Seatex - Rosenberg HQ		445 TX-36
11.02	Property		1	Seatex - Rosenberg Plant		239 Highway 36
11.03	Property		1	Seatex - El Campo		1102 North Blue Creek Road
11.04	Property		1	Seatex - Pasadena		9730 Bay Area Boulevard
12	Loan	6	3	HTI Houston Multifamily Portfolio	NAP	Various
12.01	Property		1	Innsbruck-Lemoyne Apartments		4603 Sherwood Lane
12.02	Property		1	Timberline Forest Apartments		1503 Sherwood Forest Street
12.03	Property		1	Horizon Apartments		1311 Beaumont Road
13	Loan	3, 18	1	Paramount Hotel Seattle	NAP	724 Pine Street
14	Loan	16	1	224-228 8th Avenue	NAP	224-228 8th Avenue
15	Loan	19, 23	1	The Village at Moorpark	NAP	706-790 Los Angeles Avenue
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	NAP	3121 Ocean Avenue
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	NAP	1155 Buck Creek Road
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAP	1607 and 1656 South 8th Street, 1616 South 11th Street, 1655 South 17th Street, 2130 South 7th Street, 2309 West National Avenue, 2603, 2613 and 2621 West Michigan Street, 528 North 27th Street
19	Loan	2, 19, 27	1	Aloft Ponce	NAP	Carr #2 Km. 228.9
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAP	3010, 3103, 3104, 3110, 3118 - 3124 and 3227 West Wells Street, 834 North 32nd Street
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	NAP	3001-3003 Grand Concourse
22	Loan		1	Old Orchard Shopping Center	NAP	23335 Lyons Avenue
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	NAP	3965 Eagan Outlets Parkway
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	NAP	Various
24.01	Property		1	Daytona's Endless Summer Resort		3520 South Nova Road
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort		6760 North Lecanto Highway
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	NAP	6330 West Florist Avenue, 9905 West Fond Du Lac Avenue, 4264 North 27th Street, 6924 West Hampton Avenue, 9420 West Beckett Avenue, 9400-9402 and 9505-9507 West Beckett Avenue, 9402 West Sheridan Avenue, 9825-9831 West Carmen Avenue, 4522 West Hampton Avenue, 6930 West Appleton Avenue
26	Loan	16	1	Village at Riverstone	NAP	2416 North Old Mill Loop
27	Loan	19, 27	1	1733 Bay Tower	NAP	1733 Sheepshead Bay Road
28	Loan	2, 16, 19, 26	1	Hunter Quarry	NAP	986 South Copper Beech Way
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAP	4409 North 88th Street, 4461 and 4471 North 84th Street, 4562-4572 North Sherman Boulevard, 4852 North 60th Street, 4964 and 5222 North 55th Street, 5446, 5456, and 5462 North Hopkins Street, 5641 North 62nd Street, 5820 West Keefe Avenue, 5859-5861 North 69th Street, 6230 West Chambers Street, 8806 and 8904 West Villard Avenue and 9017 and 9116 West Congress Street
30	Loan	4, 16, 22	1	Dublin Court Industrial	NAP	13641 Dublin Court
31	Loan	6, 12	2	Zidan Multifamily Portfolio	NAP	Various
31.01	Property		1	The Quarter		1779 Nacogdoches Road
31.02	Property		1	The Herweck		231 Herweck Drive
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	2717-2741 East 28th Street, a/k/a 3655-3677 Shore Parkway, a/k/a 3978-3992 Nostrand Avenue
33	Loan	12	1	The Arches Apartments	NAP	215 Jackson Keller Road
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	NAP	1014 Ogden Avenue
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	34-15 74th Street and 34-10 75th Street
36	Loan		1	Storage Xxtra Westridge	NAP	155 Westridge Parkway
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	NAP	510 East 86th Street
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	800 Grand Concourse
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	355 Route 111
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	37-31 73rd Street
41	Loan		1	Birchleaf Apartments	NAP	202 Birchleaf Street
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	10-36/10-48 Neilson Street a/k/a 1040 Neilson Street
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	NAP	1 Jefferson Avenue
44	Loan	13	1	FedEx Enid	NAP	302 North 54th Street
45	Loan		1	290 East 56th Avenue	NAP	290 East 56th Avenue
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	100 Randall Avenue
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	6035 Broadway a/k/a 4450 Post Road and 6037/6053 Broadway
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	2 Soundview Avenue and 205 West Post Road
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	NAP	620 Broadway
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	3210 Arlington Avenue a/k/a 3200 Arlington Avenue
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	109-111 North Broadway
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	64-70 Grand Street a/k/a 29-33 Wooster Street
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	NAP	4 Maple Drive
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	48-50 Avenue A
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	7 Great Jones Street
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	50-21 39th Place
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	NAP	24-26 East 82nd Street a/k/a 1082-1090 Madison Avenue a/k/a 24 East 82nd Street
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	151-157 Charles Street
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	302 Convent Avenue
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	241-245 West 108th Street
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	116-118 West End Avenue
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	NAP	58 Grace Avenue
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	205/209 Bleecker Street a/k/a 1/3 Minetta Street

A-2

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	City	County	State	Zip Code	General Property Type	Detailed Property Type	Year Built	Year Renovated
									2	2
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	Mission Viejo	Orange	CA	92691	Retail	Super Regional Mall	1979	2000, 2021
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	Long Island City	Queens	NY	11101	Self Storage	Self Storage	2013	NAP
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	Morris Township	Morris	NJ	07961	Office	Suburban	1982	2021
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	Honolulu	Honolulu	HI	96813	Office	CBD	1992	NAP
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	New York	New York	NY	10014	Mixed Use	Retail	1903	2003
6	Loan	3, 16, 18	1	360 Bowery	New York	New York	NY	10012	Other	Leased Fee	NAP	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	New York	New York	NY	10171	Office	CBD	1966	2020
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	Various	Various	Various	Various	Industrial	Warehouse/Distribution	Various	NAP
8.01	Property		1	FedEx New Stanton	Hunker	Westmoreland	PA	15639	Industrial	Warehouse/Distribution	2006	NAP
8.02	Property		1	FedEx Athens	Athens	Clarke	GA	30606	Industrial	Warehouse/Distribution	2006	NAP
8.03	Property		1	FedEx Middleborough	Middleborough	Plymouth	MA	02346	Industrial	Warehouse/Distribution	2005	NAP
8.04	Property		1	FedEx Cambridge	Cambridge	Guernsey	OH	43725	Industrial	Warehouse/Distribution	2006-2014	NAP
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	Orangetown	Rockland	NY	10962	Self Storage	Self Storage	1972	2014
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	Bronx	Bronx	NY	10458	Multifamily	High Rise	2023	NAP
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	Various	Various	TX	Various	Industrial	Distribution/Manufacturing	Various	Various
11.01	Property		1	Seatex - Rosenberg HQ	Rosenberg	Fort Bend	TX	77471	Industrial	Distribution/Manufacturing	1996	NAP
11.02	Property		1	Seatex - Rosenberg Plant	Rosenberg	Fort Bend	TX	77471	Industrial	Distribution/Manufacturing	1990	NAP
11.03	Property		1	Seatex - El Campo	El Campo	Wharton	TX	77437	Industrial	Distribution/Manufacturing	1980	2018
11.04	Property		1	Seatex - Pasadena	Pasadena	Harris	TX	77507	Industrial	Distribution/Manufacturing	1998	2022
12	Loan	6	3	HTI Houston Multifamily Portfolio	Various	Harris	TX	Various	Multifamily	Garden	Various	Various
12.01	Property		1	Innsbruck-Lemoyne Apartments	Houston	Harris	TX	77092	Multifamily	Garden	1970	2020
12.02	Property		1	Timberline Forest Apartments	Houston	Harris	TX	77043	Multifamily	Garden	1973	2018
12.03	Property		1	Horizon Apartments	Baytown	Harris	TX	77520	Multifamily	Garden	1970	2017
13	Loan	3, 18	1	Paramount Hotel Seattle	Seattle	King	WA	98101	Hospitality	Full Service	1996	NAP
14	Loan	16	1	224-228 8th Avenue	New York	New York	NY	10011	Multifamily	Mid Rise	1920	2024
15	Loan	19, 23	1	The Village at Moorpark	Moorpark	Ventura	CA	93021	Retail	Anchored	2006	NAP
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	Brooklyn	Kings	NY	11235	Mixed Use	Retail/Office	2024	NAP
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	Simpsonville	Shelby	KY	40067	Retail	Outlet Center	2014, 2015	NAP
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	Milwaukee	Milwaukee	WI	53204, 53215, 53233	Multifamily	Garden	1928, 1962, 1963, 1965, 1966, 1971, 1972	2022
19	Loan	2, 19, 27	1	Aloft Ponce	Ponce	NAP	PR	00717	Hospitality	Full Service	2021	NAP
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	Milwaukee	Milwaukee	WI	53208	Multifamily	Garden	1908, 1922, 1923, 1924, 1960, 1961	2022
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	Bronx	Bronx	NY	10468	Multifamily	Mid Rise	2024	NAP
22	Loan		1	Old Orchard Shopping Center	Santa Clarita	Los Angeles	CA	91355	Retail	Anchored	1966	2011
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	Eagan	Dakota	MN	55122	Retail	Outlet Center	2014	NAP
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	Various	Various	FL	Various	Manufactured Housing	Various	Various
24.01	Property		1	Daytona's Endless Summer Resort	Port Orange	Volusia	FL	32129	Manufactured Housing	RV Park	1968	NAP
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	Beverly Hills	Citrus	FL	34465	Manufactured Housing	Manufactured Housing/RV Park	1983	NAP
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	Milwaukee	Milwaukee	WI	53216, 53218, 53224, 53225	Multifamily	Garden	1956-1974	2019
26	Loan	16	1	Village at Riverstone	Coeur D'Alene	Kootenai	ID	83814	Retail	Anchored	2005	NAP
27	Loan	19, 27	1	1733 Bay Tower	Brooklyn	Kings	NY	11235	Office	Urban	1927	2010
28	Loan	2, 16, 19, 26	1	Hunter Quarry	Bloomington	Monroe	IN	47403	Multifamily	Garden	2005	2017
29	Loan	10, 19, 26, 30	1	Chambers & Villard	Milwaukee	Milwaukee	WI	53209, 53210, 53216, 53218, 53225	Multifamily	Garden	1946, 1952, 1954, 1956, 1958, 1959, 1960. 1961, 1971	2022
30	Loan	4, 16, 22	1	Dublin Court Industrial	Stafford	Fort Bend	TX	77477	Industrial	Warehouse/Distribution	2007	NAP
31	Loan	6, 12	2	Zidan Multifamily Portfolio	San Antonio	Bexar	TX	Various	Multifamily	Garden	Various	Various
31.01	Property		1	The Quarter	San Antonio	Bexar	TX	78209	Multifamily	Garden	1966	2019-2021
31.02	Property		1	The Herweck	San Antonio	Bexar	TX	78213	Multifamily	Garden	1964	2021
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	Brooklyn	Kings	NY	11209	Multifamily	Cooperative	1956	2004
33	Loan	12	1	The Arches Apartments	San Antonio	Bexar	TX	78216	Multifamily	Garden	1969	2020
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	Bronx	Bronx	NY	10452	Mixed Use	Multifamily/Retail	2024	NAP
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	Jackson Heights	Queens	NY	11372	Multifamily	Cooperative	1950	2003
36	Loan		1	Storage Xxtra Westridge	McDonough	Henry	GA	30253	Self Storage	Self Storage	2006	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	New York	New York	NY	10028	Multifamily	Cooperative	1957	1999
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	Bronx	Bronx	NY	10451	Multifamily	Cooperative	1955	2024
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	Smithtown	Suffolk	NY	11787	Multifamily	Cooperative	1960	2014
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	Jackson Heights	Queens	NY	11372	Multifamily	Cooperative	1962	1994
41	Loan		1	Birchleaf Apartments	San Antonio	Bexar	TX	78216	Multifamily	Garden	1960	2003
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	Far Rockaway	Queens	NY	11691	Multifamily	Cooperative	1956	2006
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	Rockville Centre	Nassau	NY	11570	Multifamily	Cooperative	1948	2002
44	Loan	13	1	FedEx Enid	Enid	Garfield	OK	73701	Industrial	Warehouse/Distribution	2015	NAP
45	Loan		1	290 East 56th Avenue	Anchorage	Anchorage	AK	99518	Multifamily	Townhomes	2009	2013
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	Freeport	Nassau	NY	11520	Multifamily	Cooperative	1961	2021
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	Bronx	Bronx	NY	10471	Multifamily	Cooperative	1961	2001
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	White Plains	Westchester	NY	10606	Multifamily	Cooperative	1949	2014
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	New York	New York	NY	10012	Multifamily	Cooperative	1858	2004
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	Bronx	Bronx	NY	10463	Multifamily	Cooperative	1953	2004
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	White Plains	Westchester	NY	10603	Multifamily	Cooperative	1948	2004
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	New York	New York	NY	10013	Multifamily	Cooperative	1884	2024
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	Great Neck	Nassau	NY	11021	Multifamily	Cooperative	1929	2016
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	New York	New York	NY	10009	Multifamily	Cooperative	1903	2008
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	New York	New York	NY	10012	Multifamily	Cooperative	1897	2003
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	Sunnyside	Queens	NY	11104	Multifamily	Cooperative	1960	1994
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	New York	New York	NY	10028	Multifamily	Cooperative	1900	2016
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	New York	New York	NY	10014	Multifamily	Cooperative	1979	2013
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	New York	New York	NY	10031	Multifamily	Cooperative	1912	2016
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	New York	New York	NY	10025	Multifamily	Cooperative	1910	2002
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	Freeport	Nassau	NY	11520	Multifamily	Cooperative	1984	2004
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	Great Neck	Nassau	NY	11021	Multifamily	Cooperative	1948	2021
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	New York	New York	NY	10012	Multifamily	Cooperative	1926	1999

A-3

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Number of Units	Unit of Measure	Loan Per Unit ($)	Original Balance ($)	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %	Administrative Fee Rate %	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)	Annual Debt Service (P&I) ($)
					3			6, 7	6, 7	6, 7		8		9	9	9
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	1,012,005	SF	177.86	65,000,000	65,000,000	61,363,043	6.72500%	0.01500%	6.71000%	420,509.15	369,330.15	5,046,109.92
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	281,494	SF	508.00	65,000,000	65,000,000	65,000,000	6.48500%	0.01625%	6.46875%	NAP	356,149.59	NAP
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	413,261	SF	176.52	59,000,000	59,000,000	52,061,111	6.94100%	0.01500%	6.92600%	431,056.21	346,005.64	5,172,674.50
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	337,370	SF	138.05	46,575,000	46,575,000	46,575,000	7.02200%	0.01500%	7.00700%	NAP	276,326.67	NAP
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	87,537	SF	1,542.21	45,000,000	45,000,000	45,000,000	6.44000%	0.01500%	6.42500%	NAP	244,854.17	NAP
6	Loan	3, 16, 18	1	360 Bowery	8,707	SF	4,594.00	40,000,000	40,000,000	40,000,000	6.53700%	0.01500%	6.52200%	NAP	220,926.39	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	1,176,837	SF	424.87	36,000,000	36,000,000	36,000,000	5.95340907%	0.01500%	5.93841%	NAP	181,082.86	NAP
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	438,592	SF	82.08	36,000,000	36,000,000	36,000,000	7.01000%	0.01500%	6.99500%	NAP	213,220.83	NAP
8.01	Property		1	FedEx New Stanton	140,985	SF		13,513,094	13,513,094	13,513,094
8.02	Property		1	FedEx Athens	140,218	SF		9,846,751	9,846,751	9,846,751
8.03	Property		1	FedEx Middleborough	73,137	SF		7,821,532	7,821,532	7,821,532
8.04	Property		1	FedEx Cambridge	84,252	SF		4,818,623	4,818,623	4,818,623
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	102,446	SF	341.64	35,000,000	35,000,000	35,000,000	6.48500%	0.01500%	6.47000%	NAP	191,772.86	NAP
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	90	Units	369,444.44	33,250,000	33,250,000	30,406,599	6.64000%	0.01500%	6.62500%	213,233.28	186,538.66	2,558,799.36
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	435,227	SF	66.46	28,925,000	28,925,000	28,925,000	6.65000%	0.01500%	6.63500%	NAP	162,519.00	NAP
11.01	Property		1	Seatex - Rosenberg HQ	237,910	SF		16,003,714	16,003,714	16,003,714
11.02	Property		1	Seatex - Rosenberg Plant	81,320	SF		5,853,498	5,853,498	5,853,498
11.03	Property		1	Seatex - El Campo	91,000	SF		5,043,972	5,043,972	5,043,972
11.04	Property		1	Seatex - Pasadena	24,997	SF		2,023,816	2,023,816	2,023,816
12	Loan	6	3	HTI Houston Multifamily Portfolio	393	Units	64,376.59	25,300,000	25,300,000	25,300,000	7.60500%	0.01500%	7.59000%	NAP	162,565.68	NAP
12.01	Property		1	Innsbruck-Lemoyne Apartments	248	Units		17,083,411	17,083,411	17,083,411
12.02	Property		1	Timberline Forest Apartments	65	Units		4,551,636	4,551,636	4,551,636
12.03	Property		1	Horizon Apartments	80	Units		3,664,953	3,664,953	3,664,953
13	Loan	3, 18	1	Paramount Hotel Seattle	146	Rooms	171,232.88	25,000,000	25,000,000	25,000,000	6.42500%	0.01500%	6.41000%	NAP	135,713.25	NAP
14	Loan	16	1	224-228 8th Avenue	41	Units	609,756.10	25,000,000	25,000,000	25,000,000	6.35000%	0.01500%	6.33500%	NAP	134,129.05	NAP
15	Loan	19, 23	1	The Village at Moorpark	130,372	SF	183.90	23,975,000	23,975,000	23,975,000	6.82000%	0.01500%	6.80500%	NAP	138,150.39	NAP
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	57,320	SF	388.17	22,250,000	22,250,000	22,250,000	6.86000%	0.01500%	6.84500%	NAP	128,962.44	NAP
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	428,074	SF	153.84	20,000,000	19,956,546	17,361,577	6.83800%	0.01625%	6.82175%	130,891.68	NAP	1,570,700.16
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	195	Units	94,867.75	18,540,000	18,499,212	16,072,936	6.78900%	0.01500%	6.77400%	120,731.11	NAP	1,448,773.32
19	Loan	2, 19, 27	1	Aloft Ponce	152	Rooms	105,263.16	16,000,000	16,000,000	0	6.99000%	0.01500%	6.97500%	185,691.12	NAP	2,228,293.44
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	163	Units	95,396.52	15,560,000	15,549,633	13,488,290	6.78700%	0.01500%	6.77200%	101,304.85	NAP	1,215,658.20
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	44	Units	334,090.91	14,700,000	14,700,000	14,700,000	7.05900%	0.01500%	7.04400%	NAP	87,673.76	NAP
22	Loan		1	Old Orchard Shopping Center	101,066	SF	137.53	13,900,000	13,900,000	13,900,000	6.96500%	0.01500%	6.95000%	NAP	81,798.44	NAP
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	406,125	SF	233.92	13,250,000	13,250,000	13,250,000	6.69600%	0.01500%	6.68100%	NAP	74,961.88	NAP
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	456	Pads	24,780.70	11,300,000	11,300,000	11,300,000	6.98700%	0.01500%	6.97200%	NAP	66,708.06	NAP
24.01	Property		1	Daytona's Endless Summer Resort	232	Pads		6,027,000	6,027,000	6,027,000
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	224	Pads		5,273,000	5,273,000	5,273,000
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	109	Units	102,568.81	11,180,000	11,180,000	9,756,623	7.04400%	0.01500%	7.02900%	74,711.48	NAP	896,537.76
26	Loan	16	1	Village at Riverstone	81,532	SF	130.75	10,660,000	10,660,000	10,660,000	6.92500%	0.01500%	6.91000%	NAP	62,371.49	NAP
27	Loan	19, 27	1	1733 Bay Tower	29,097	SF	343.68	10,000,000	10,000,000	10,000,000	6.79000%	0.01500%	6.77500%	NAP	57,369.21	NAP
28	Loan	2, 16, 19, 26	1	Hunter Quarry	107	Units	87,850.47	9,400,000	9,400,000	9,400,000	7.26700%	0.01500%	7.25200%	NAP	57,715.46	NAP
29	Loan	10, 19, 26, 30	1	Chambers & Villard	91	Units	100,879.12	9,180,000	9,180,000	8,006,830	7.02300%	0.01500%	7.00800%	61,216.64	NAP	734,599.68
30	Loan	4, 16, 22	1	Dublin Court Industrial	87,500	SF	97.14	8,500,000	8,500,000	8,500,000	7.27000%	0.01500%	7.25500%	NAP	52,211.05	NAP
31	Loan	6, 12	2	Zidan Multifamily Portfolio	80	Units	95,000.00	7,600,000	7,600,000	7,600,000	7.70000%	0.01500%	7.68500%	NAP	49,443.98	NAP
31.01	Property		1	The Quarter	46	Units		4,870,000	4,870,000	4,870,000
31.02	Property		1	The Herweck	34	Units		2,730,000	2,730,000	2,730,000
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	240	Units	27,014.27	6,500,000	6,483,424	5,541,651	6.19000%	0.09250%	6.09750%	39,768.31	NAP	477,219.72
33	Loan	12	1	The Arches Apartments	70	Units	91,428.57	6,400,000	6,400,000	6,400,000	6.93000%	0.01500%	6.91500%	NAP	37,473.33	NAP
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	17	Units	352,941.18	6,000,000	6,000,000	5,269,592	7.29000%	0.01500%	7.27500%	41,093.49	NAP	493,121.88
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	160	Units	34,356.43	5,500,000	5,497,029	5,156,422	6.42000%	0.09250%	6.32750%	31,887.19	NAP	382,646.28
36	Loan		1	Storage Xxtra Westridge	92,875	SF	54.91	5,100,000	5,100,000	5,100,000	5.93500%	0.01500%	5.92000%	NAP	25,574.08	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	89	Units	56,179.78	5,000,000	5,000,000	5,000,000	6.61000%	0.09250%	6.51750%	NAP	27,924.19	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	250	Units	19,963.75	5,000,000	4,990,937	3,360,670	6.67000%	0.09250%	6.57750%	37,780.76	NAP	453,369.12
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	48	Units	100,000.00	4,800,000	4,800,000	4,529,001	6.75000%	0.09250%	6.65750%	28,961.13	NAP	347,533.56
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	154	Units	29,849.24	4,600,000	4,596,783	3,969,425	6.62000%	0.09250%	6.52750%	29,439.10	NAP	353,269.20
41	Loan		1	Birchleaf Apartments	48	Units	95,208.33	4,570,000	4,570,000	4,570,000	7.36000%	0.01500%	7.34500%	NAP	28,418.63	NAP
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	84	Units	52,412.15	4,405,000	4,402,621	4,129,825	6.42000%	0.09250%	6.32750%	25,538.74	NAP	306,464.88
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	120	Units	35,416.67	4,250,000	4,250,000	4,250,000	6.30000%	0.09250%	6.20750%	NAP	22,622.40	NAP
44	Loan	13	1	FedEx Enid	47,842	SF	87.79	4,200,000	4,200,000	4,200,000	7.20000%	0.01500%	7.18500%	NAP	25,550.00	NAP
45	Loan		1	290 East 56th Avenue	22	Units	170,454.55	3,750,000	3,750,000	3,564,590	7.32000%	0.01500%	7.30500%	25,759.90	23,192.71	309,118.80
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	44	Units	73,275.49	3,225,000	3,224,122	3,021,973	6.40000%	0.09250%	6.30750%	18,651.71	NAP	223,820.52
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	103	Units	31,125.60	3,250,000	3,205,937	1,438,273	5.84000%	0.09250%	5.74750%	27,145.21	NAP	325,742.52
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	58	Units	49,975.96	2,900,000	2,898,606	2,729,894	6.62000%	0.09250%	6.52750%	17,226.77	NAP	206,721.24
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	11	Units	245,454.55	2,700,000	2,700,000	2,700,000	6.77000%	0.09250%	6.67750%	NAP	15,444.06	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	66	Units	37,878.79	2,500,000	2,500,000	2,155,824	6.60000%	0.09250%	6.50750%	15,966.47	NAP	191,597.64
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	51	Units	49,005.35	2,500,000	2,499,273	2,336,762	6.28000%	0.09250%	6.18750%	14,246.39	NAP	170,956.68
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	18	Units	113,720.38	2,050,000	2,046,967	1,759,887	6.43000%	0.09250%	6.33750%	12,863.17	NAP	154,358.04
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	95	Units	21,473.68	2,040,000	2,040,000	2,040,000	6.51000%	0.09250%	6.41750%	NAP	11,220.71	NAP
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	17	Units	117,647.06	2,000,000	2,000,000	1,881,511	6.60000%	0.09250%	6.50750%	11,851.91	NAP	142,222.92
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	6	Units	299,568.37	1,800,000	1,797,410	1,549,594	6.53000%	0.09250%	6.43750%	11,412.76	NAP	136,953.12
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	50	Units	34,992.21	1,750,000	1,749,611	1,651,069	6.74000%	0.09250%	6.64750%	10,546.16	NAP	126,553.92
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	11	Units	150,000.00	1,650,000	1,650,000	1,650,000	6.44000%	0.09250%	6.34750%	NAP	8,977.99	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	12	Units	128,701.24	1,550,000	1,544,415	1,310,060	5.89000%	0.09250%	5.79750%	9,183.70	NAP	110,204.40
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	42	Units	35,691.00	1,500,000	1,499,022	1,302,843	6.86000%	0.09250%	6.76750%	9,838.90	NAP	118,066.80
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	36	Units	41,613.45	1,500,000	1,498,084	1,305,817	6.94000%	0.09250%	6.84750%	9,919.17	NAP	119,030.04
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	40	Units	26,875.00	1,075,000	1,075,000	932,067	6.80000%	0.09250%	6.70750%	7,008.20	NAP	84,098.40
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	36	Units	27,777.78	1,000,000	1,000,000	1,000,000	6.56000%	0.09250%	6.46750%	NAP	5,542.59	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	23	Units	43,415.00	1,000,000	998,545	859,925	6.49000%	0.09250%	6.39750%	6,314.11	NAP	75,769.32

A-4

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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.)
					9
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	4,431,961.80	Interest Only, Amortizing Balloon	No	Actual/360	60	59	120	119
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	4,273,795.08	Interest Only	No	Actual/360	120	120	120	120
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	4,152,067.68	Interest Only, Amortizing Balloon, Interest Only	No	Actual/360	53	53	120	120
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	3,315,920.04	Interest Only	No	Actual/360	120	120	120	120
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	2,938,250.04	Interest Only	No	Actual/360	120	120	120	120
6	Loan	3, 16, 18	1	360 Bowery	2,651,116.68	Interest Only	No	Actual/360	120	120	120	120
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	2,172,994.32	Interest Only	No	Actual/360	120	120	120	120
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	2,558,649.96	Interest Only	No	Actual/360	120	120	120	120
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	2,301,274.32	Interest Only	No	Actual/360	120	120	120	120
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	2,238,463.89	Interest Only, Amortizing Balloon	No	Actual/360	36	36	120	120
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	1,950,228.00	Interest Only	No	Actual/360	120	120	120	120
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	1,950,788.13	Interest Only	No	Actual/360	120	119	120	119
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	1,628,559.00	Interest Only	No	Actual/360	120	118	120	118
14	Loan	16	1	224-228 8th Avenue	1,609,548.60	Interest Only	No	Actual/360	120	120	120	120
15	Loan	19, 23	1	The Village at Moorpark	1,657,804.68	Interest Only	No	Actual/360	120	120	120	120
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	1,547,549.31	Interest Only	No	Actual/360	120	120	120	120
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	NAP	Amortizing Balloon	No	Actual/360	0	0	120	117
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAP	Amortizing Balloon	No	Actual/360	0	0	120	117
19	Loan	2, 19, 27	1	Aloft Ponce	NAP	Fully Amortizing	No	Actual/360	0	0	120	120
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	1,052,085.12	Interest Only	No	Actual/360	120	120	120	120
22	Loan		1	Old Orchard Shopping Center	981,581.28	Interest Only	No	Actual/360	120	118	120	118
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	899,542.56	Interest Only	No	Actual/360	120	117	120	117
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	800,496.72	Interest Only	No	Actual/360	120	120	120	120
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
26	Loan	16	1	Village at Riverstone	748,457.88	Interest Only	No	Actual/360	120	119	120	119
27	Loan	19, 27	1	1733 Bay Tower	688,430.56	Interest Only	No	Actual/360	120	120	120	120
28	Loan	2, 16, 19, 26	1	Hunter Quarry	692,585.52	Interest Only	No	Actual/360	120	120	120	120
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
30	Loan	4, 16, 22	1	Dublin Court Industrial	626,532.64	Interest Only	No	Actual/360	120	120	120	120
31	Loan	6, 12	2	Zidan Multifamily Portfolio	593,327.76	Interest Only	No	Actual/360	120	120	120	120
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	117
33	Loan	12	1	The Arches Apartments	449,679.96	Interest Only	No	Actual/360	120	120	120	120
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118
36	Loan		1	Storage Xxtra Westridge	306,888.96	Interest Only	No	Actual/360	120	119	120	119
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	335,090.28	Interest Only	No	Actual/360	120	120	120	120
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
41	Loan		1	Birchleaf Apartments	341,023.56	Interest Only	No	Actual/360	120	120	120	120
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	271,468.80	Interest Only	No	Actual/360	120	119	120	119
44	Loan	13	1	FedEx Enid	306,600.00	Interest Only	No	Actual/360	120	120	120	120
45	Loan		1	290 East 56th Avenue	278,312.50	Interest Only, Amortizing Balloon	No	Actual/360	60	60	120	120
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	116
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	185,328.72	Interest Only	No	Actual/360	120	119	120	119
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	134,648.52	Interest Only	No	Actual/360	120	118	120	118
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	107,735.88	Interest Only	No	Actual/360	120	118	120	118
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	116
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	Amortizing Balloon	No	Actual/360	0	0	120	119
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	120
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	66,511.08	Interest Only	No	Actual/360	120	120	120	120
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	Amortizing Balloon	No	Actual/360	0	0	120	118

A-5

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Original Amortization Term (Mos.)	Remaining Amortization Term (Mos.)	Origination Date	Seasoning (Mos.)	Payment Due Date	First Payment Date	First P&I Payment Date	Maturity Date or Anticipated Repayment Date	Final Maturity Date	Grace Period - Late Fee (Days)	Grace Period - Default (Days)
														10
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	360	360	12/4/2024	1	1	2/1/2025	2/1/2030	1/1/2035	1/1/2035	0	0
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	0	0	1/22/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	272	272	1/21/2025	0	1	3/1/2025	9/1/2026	2/1/2035	2/1/2035	5	5
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	0	0	1/23/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	0	0	2/4/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
6	Loan	3, 16, 18	1	360 Bowery	0	0	1/31/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	0	0	2/7/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	0	0	1/31/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	0	0	1/22/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	360	360	1/31/2025	0	6	3/6/2025	3/6/2028	2/6/2035	2/6/2035	0	0
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	0	0	1/31/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	5	0
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	0	0	12/27/2024	1	6	2/6/2025	NAP	1/6/2035	1/6/2035	0	0
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	0	0	12/6/2024	2	6	1/6/2025	NAP	12/6/2034	12/6/2034	0	0
14	Loan	16	1	224-228 8th Avenue	0	0	1/31/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
15	Loan	19, 23	1	The Village at Moorpark	0	0	1/31/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	0	0	2/3/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	360	357	10/31/2024	3	6	12/6/2024	12/6/2024	11/6/2034	11/6/2034	5 (Once per trailing 12-month period)	0
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	360	357	10/18/2024	3	1	12/1/2024	12/1/2024	11/1/2034	11/1/2034	5	5
19	Loan	2, 19, 27	1	Aloft Ponce	120	120	1/31/2025	0	6	3/6/2025	3/6/2025	2/6/2035	2/6/2035	0	0
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	360	359	12/6/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	5	5
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	0	0	1/23/2025	0	1	3/1/2025	NAP	2/1/2035	2/1/2035	5	5
22	Loan		1	Old Orchard Shopping Center	0	0	11/27/2024	2	6	1/6/2025	NAP	12/6/2034	12/6/2034	0	0
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	0	0	10/17/2024	3	1	12/1/2024	NAP	11/1/2034	11/1/2034	0	0
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	0	0	1/29/2025	0	1	3/1/2025	NAP	2/1/2035	2/1/2035	5	5
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	360	360	1/27/2025	0	1	3/1/2025	3/1/2025	2/1/2035	2/1/2035	5	5
26	Loan	16	1	Village at Riverstone	0	0	12/31/2024	1	6	2/6/2025	NAP	1/6/2035	1/6/2035	0	0
27	Loan	19, 27	1	1733 Bay Tower	0	0	2/3/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
28	Loan	2, 16, 19, 26	1	Hunter Quarry	0	0	1/15/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
29	Loan	10, 19, 26, 30	1	Chambers & Villard	360	360	1/31/2025	0	1	3/1/2025	3/1/2025	2/1/2035	2/1/2035	5	5
30	Loan	4, 16, 22	1	Dublin Court Industrial	0	0	1/24/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
31	Loan	6, 12	2	Zidan Multifamily Portfolio	0	0	1/23/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	360	357	10/21/2024	3	1	12/1/2024	12/1/2024	11/1/2034	11/1/2034	10	10
33	Loan	12	1	The Arches Apartments	0	0	1/10/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	360	360	1/23/2025	0	6	3/6/2025	3/6/2025	2/6/2035	2/6/2035	0	0
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	480	478	11/18/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10
36	Loan		1	Storage Xxtra Westridge	0	0	1/6/2025	1	6	2/6/2025	NAP	1/6/2035	1/6/2035	0	0
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	0	0	1/23/2025	0	1	3/1/2025	NAP	2/1/2035	2/1/2035	10	10
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	240	239	12/27/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	10	10
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	480	480	1/29/2025	0	1	3/1/2025	3/1/2025	2/1/2035	2/1/2035	10	10
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	360	359	12/30/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	10	10
41	Loan		1	Birchleaf Apartments	0	0	1/10/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	480	478	11/21/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	0	0	12/6/2024	1	1	2/1/2025	NAP	1/1/2035	1/1/2035	10	10
44	Loan	13	1	FedEx Enid	0	0	1/27/2025	0	6	3/6/2025	NAP	2/6/2035	2/6/2035	0	0
45	Loan		1	290 East 56th Avenue	360	360	1/21/2025	0	6	3/6/2025	3/6/2030	2/6/2035	2/6/2035	0	0
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	480	479	12/20/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	10	10
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	180	176	9/27/2024	4	1	11/1/2024	11/1/2024	10/1/2034	10/1/2034	10	10
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	480	478	11/25/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	0	0	12/27/2024	1	1	2/1/2025	NAP	1/1/2035	1/1/2035	10	10
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	360	360	1/23/2025	0	1	3/1/2025	3/1/2025	2/1/2035	2/1/2035	10	10
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	480	479	12/27/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	10	10
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	360	358	11/21/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	0	0	11/26/2024	2	1	1/1/2025	NAP	12/1/2034	12/1/2034	10	10
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	480	480	1/21/2025	0	1	3/1/2025	3/1/2025	2/1/2035	2/1/2035	10	10
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	360	358	11/22/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	480	479	12/30/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	10	10
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	0	0	11/18/2024	2	1	1/1/2025	NAP	12/1/2034	12/1/2034	10	10
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	360	356	9/25/2024	4	1	11/1/2024	11/1/2024	10/1/2034	10/1/2034	10	10
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	360	359	12/31/2024	1	1	2/1/2025	2/1/2025	1/1/2035	1/1/2035	10	10
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	360	358	11/12/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	360	360	1/29/2025	0	1	3/1/2025	3/1/2025	2/1/2035	2/1/2035	10	10
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	0	0	1/23/2025	0	1	3/1/2025	NAP	2/1/2035	2/1/2035	10	10
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	360	358	11/26/2024	2	1	1/1/2025	1/1/2025	12/1/2034	12/1/2034	10	10

A-6

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 ($)

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

L(25),D(88),O(7)

32,771,159

8,628,356

24,142,803

9/30/2024

T-12

33,742,852

8,521,362

25,221,490

12/31/2023

T-12

32,598,220

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

L(24),DorYM1(89),O(7)

16,873,514

4,031,876

12,841,638

9/30/2024

T-12

17,137,279

4,000,428

13,136,852

12/31/2023

T-12

16,152,257

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

L(30),YM1(83),O(7)

10,835,598

4,678,347

6,157,251

10/31/2024

T-12

NAV

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

L(12),YM1(101),O(7)

16,102,690

7,612,144

8,490,546

9/30/2024

T-12

15,776,334

7,468,392

8,307,942

12/31/2023

T-12

12,630,785

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

L(24),D(91),O(5)

10,334,878

2,196,366

8,138,512

11/30/2024

T-12

12,702,059

2,056,483

10,645,576

12/31/2023

T-12

12,514,437

Loan

3, 16, 18

360 Bowery

L(24),D(92),O(4)

NAV

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

YM1(24),DorYM1(89),O(7)

109,971,980

48,647,507

61,324,473

9/30/2024

T-12

107,115,042

46,718,826

60,396,216

12/31/2023

T-12

104,990,721

Loan

6, 12, 13, 21, 33

FedEx Portfolio

L(24),DorYM1(89),O(7)

3,940,545

12/31/2024

T-12

3,877,697

12/31/2023

T-12

3,181,801

8.01

Property

FedEx New Stanton

1,305,604

12/31/2024

T-12

1,305,603

12/31/2023

T-12

639,694

8.02

Property

FedEx Athens

1,467,248

12/31/2024

T-12

1,420,668

12/31/2023

T-12

1,397,379

8.03

Property

FedEx Middleborough

685,416

12/31/2024

T-12

685,416

12/31/2023

T-12

685,416

8.04

Property

FedEx Cambridge

482,277

12/31/2024

T-12

466,010

12/31/2023

T-12

459,312

Loan

1, 3, 4, 31

UOVO Orangeburg

L(24),DorYM1(89),O(7)

3,924,145

1,093,757

2,830,388

9/30/2024

T-12

3,497,413

1,094,695

2,402,718

12/31/2023

T-12

3,403,162

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

L(24),D(92),O(4)

NAV

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

L(24),DorYM1(89),O(7)

NAV

11.01

Property

Seatex - Rosenberg HQ

NAV

11.02

Property

Seatex - Rosenberg Plant

NAV

11.03

Property

Seatex - El Campo

NAV

11.04

Property

Seatex - Pasadena

NAV

Loan

HTI Houston Multifamily Portfolio

L(12),YM1(103),O(5)

4,449,275

1,904,106

2,545,169

10/31/2024

T-12

4,254,099

1,702,684

2,551,415

12/31/2023

T-12

3,987,887

12.01

Property

Innsbruck-Lemoyne Apartments

2,765,944

1,066,706

1,699,238

10/31/2024

T-12

2,658,583

949,711

1,708,872

12/31/2023

T-12

2,490,502

12.02

Property

Timberline Forest Apartments

984,913

525,303

459,610

10/31/2024

T-12

952,255

467,185

485,069

12/31/2023

T-12

893,374

12.03

Property

Horizon Apartments

698,419

312,097

386,321

10/31/2024

T-12

643,260

285,788

357,473

12/31/2023

T-12

604,012

Loan

3, 18

Paramount Hotel Seattle

L(26),D(90),O(4)

10,415,149

6,387,189

4,027,960

10/31/2024

T-12

10,068,014

6,309,945

3,758,069

12/31/2023

T-12

8,497,398

Loan

224-228 8th Avenue

L(24),D(89),O(7)

1,468,632

753,526

715,106

12/31/2024

T-12

NAV

Loan

19, 23

The Village at Moorpark

L(23),YM1(92),O(5)

2,876,591

730,046

2,146,545

11/30/2024

T-12

2,126,283

699,505

1,426,779

12/31/2023

T-12

1,742,605

Loan

3, 16, 19, 27

3121 Ocean Avenue

L(24),D(92),O(4)

2,004,905

254,833

1,750,072

12/31/2024

T-12

NAV

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

L(27),D(86),O(7)

13,545,707

4,555,687

8,990,020

8/31/2024

T-12

13,882,401

4,461,458

9,420,943

12/31/2023

T-12

13,349,969

Loan

10, 19, 26, 30

Michigan & Mitchell

L(35),YM1(81),O(4)

2,576,159

528,236

2,047,922

8/31/2024

T-12

2,162,654

514,090

1,648,564

12/31/2023

T-12

NAV

Loan

2, 19, 27

Aloft Ponce

L(12),YM1(101),O(7)

9,695,552

3,580,378

6,115,174

12/31/2024

T-12

7,578,288

4,516,963

3,061,325

12/31/2023

T-12

4,581,987

Loan

10, 19, 26, 30

Wells Street Portfolio

L(35),YM1(81),O(4)

2,138,396

493,955

1,644,440

10/31/2024

T-12

1,529,177

525,104

1,004,073

12/31/2023

T-12

NAV

Loan

5, 16, 27

3001-3003 Grand Concourse

L(24),D(89),O(7)

NAV

Loan

Old Orchard Shopping Center

L(25),YM1(88),O(7)

1,947,215

592,815

1,354,400

10/31/2024

T-12

1,940,023

643,297

1,296,725

12/31/2023

T-12

1,843,794

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

L(27),D(86),O(7)

18,870,895

5,703,491

13,167,404

8/31/2024

T-12

18,299,590

5,814,442

12,485,148

12/31/2023

T-12

18,229,022

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

L(24),D(92),O(4)

3,097,650

1,738,126

1,359,525

12/31/2024

T-12

2,715,608

1,580,593

1,135,015

12/31/2023

T-12

3,139,036

24.01

Property

Daytona's Endless Summer Resort

1,713,198

956,941

756,257

12/31/2024

T-12

1,440,856

861,299

579,557

12/31/2023

T-12

1,823,583

24.02

Property

Sandy Oaks Mobile Home & RV Resort

1,384,452

781,185

603,267

12/31/2024

T-12

1,274,752

719,294

555,458

12/31/2023

T-12

1,315,453

Loan

10, 19, 26, 30

Hampton & Fond du Lac

L(35),YM1(81),O(4)

1,644,385

374,918

1,269,467

12/31/2024

T-12

1,233,797

422,804

810,993

12/31/2023

T-12

1,287,979

Loan

Village at Riverstone

L(25),D(91),O(4)

1,720,833

406,493

1,314,340

11/30/2024

T-12

1,908,602

414,278

1,494,325

12/31/2023

T-12

NAV

Loan

19, 27

1733 Bay Tower

L(24),D(92),O(4)

1,769,808

381,549

1,388,260

12/31/2024

T-12

1,663,202

344,310

1,318,893

12/31/2023

T-12

1,556,112

Loan

2, 16, 19, 26

Hunter Quarry

L(24),D(89),O(7)

1,860,533

840,686

1,019,847

11/30/2024

T-12

1,863,285

873,721

989,564

12/31/2023

T-12

1,884,704

Loan

10, 19, 26, 30

Chambers & Villard

L(35),YM1(81),O(4)

1,353,096

308,649

1,044,446

12/31/2024

T-12

1,073,771

322,616

751,154

12/31/2023

T-12

NAV

Loan

4, 16, 22

Dublin Court Industrial

L(24),D(92),O(4)

NAV

Loan

6, 12

Zidan Multifamily Portfolio

L(24),D(92),O(4)

1,219,500

480,654

738,846

12/31/2024

T-12

1,197,983

469,007

728,976

12/31/2023

T-12

1,162,292

31.01

Property

The Quarter

711,791

277,424

434,367

12/31/2024

T-12

701,006

268,825

432,181

12/31/2023

T-12

691,008

31.02

Property

The Herweck

507,709

203,230

304,479

12/31/2024

T-12

496,977

200,183

296,795

12/31/2023

T-12

471,284

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

YM1(113),1%(3),O(4)

NAP

Loan

The Arches Apartments

L(24),D(92),O(4)

1,009,591

408,092

601,498

11/30/2024

T-12

980,275

422,540

557,735

12/31/2023

T-12

946,464

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

L(11),YM1(102),O(7)

613,454

60,708

552,746

12/31/2024

T-5

NAV

Loan

5, 13, 16, 30

34-15 Properties Ltd.

YM1(113),1%(3),O(4)

NAP

Loan

Storage Xxtra Westridge

L(25),D(91),O(4)

1,506,404

555,643

950,761

11/30/2024

T-12

1,506,988

501,229

1,005,759

12/31/2023

T-12

1,500,010

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

Birchleaf Apartments

L(24),D(92),O(4)

725,722

294,744

430,978

11/30/2024

T-12

690,026

296,440

393,586

12/31/2023

T-12

626,420

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

YM1(113),1%(3),O(4)

NAP

Loan

FedEx Enid

L(24),DorYM1(89),O(7)

370,260

9/30/2024

T-12

450,448

90,672

359,776

12/31/2023

T-12

448,300

Loan

290 East 56th Avenue

L(24),YM1(91),O(5)

508,888

136,922

371,966

12/31/2024

T-12

432,855

149,079

283,776

12/31/2023

T-12

406,994

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Hearth House Owners Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

7 Great Jones Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

50-21 Owners Ltd.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

241 West 108 Ltd.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

Waters at West End, Inc.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

YM1(113),1%(3),O(4)

NAP

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

YM1(113),1%(3),O(4)

NAP

A-7

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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)
							16					31		15		7, 14
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	7,848,169	24,750,051	12/31/2022	T-12	85.7%	32,946,299	8,771,579	24,174,721	54,901	549,005	23,570,815	1.73
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	3,921,582	12,230,675	12/31/2022	T-12	78.6%	17,547,845	3,643,783	13,904,062	42,224	0	13,861,838	1.48
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	NAV	NAV	NAV	NAV	95.1%	15,345,687	4,927,062	10,418,625	103,315	0	10,315,310	1.63
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	7,432,547	5,198,238	12/31/2022	T-12	92.0%	14,601,654	7,457,474	7,144,180	67,474	702,204	6,374,502	2.15
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	2,033,346	10,481,090	12/31/2022	T-12	95.0%	14,653,657	2,513,592	12,140,065	17,507	678,700	11,443,857	1.38
6	Loan	3, 16, 18	1	360 Bowery	NAV	NAV	NAV	NAV	100.0%	2,929,850	0	2,929,850	0	0	2,929,850	1.11
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	42,758,401	62,232,320	12/31/2022	T-12	96.1%	121,577,044	49,384,602	72,192,441	235,367	1,176,837	70,780,237	2.39
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	0	3,181,801	12/31/2022	T-12	100.0%	4,062,417	121,873	3,940,545	87,718	0	3,852,826	1.54
8.01	Property		1	FedEx New Stanton	0	639,694	12/31/2022	T-12	100.0%	1,345,984	40,380	1,305,604	28,197	0	1,277,407
8.02	Property		1	FedEx Athens	0	1,397,379	12/31/2022	T-12	100.0%	1,512,626	45,379	1,467,248	28,044	0	1,439,204
8.03	Property		1	FedEx Middleborough	0	685,416	12/31/2022	T-12	100.0%	706,614	21,198	685,416	14,627	0	670,789
8.04	Property		1	FedEx Cambridge	0	459,312	12/31/2022	T-12	100.0%	497,193	14,916	482,277	16,850	0	465,427
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	993,393	2,409,769	12/31/2022	T-12	76.8%	4,876,598	1,019,246	3,857,352	15,367	0	3,841,986	1.68
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	NAV	NAV	NAV	NAV	96.7%	3,964,145	726,040	3,238,105	24,775	11,377	3,201,952	1.27
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	NAV	NAV	NAV	NAV	100.0%	3,725,768	0	3,725,768	0	0	3,725,768	1.91
11.01	Property		1	Seatex - Rosenberg HQ	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
11.02	Property		1	Seatex - Rosenberg Plant	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
11.03	Property		1	Seatex - El Campo	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
11.04	Property		1	Seatex - Pasadena	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
12	Loan	6	3	HTI Houston Multifamily Portfolio	1,670,655	2,317,232	12/31/2022	T-12	91.7%	4,449,275	1,828,331	2,620,945	98,250	0	2,522,695	1.34
12.01	Property		1	Innsbruck-Lemoyne Apartments	929,708	1,560,794	12/31/2022	T-12	90.5%	2,765,944	1,022,422	1,743,522	62,000	0	1,681,522
12.02	Property		1	Timberline Forest Apartments	453,335	440,039	12/31/2022	T-12	94.6%	984,913	503,059	481,854	16,250	0	465,604
12.03	Property		1	Horizon Apartments	287,612	316,400	12/31/2022	T-12	92.2%	698,419	302,849	395,570	20,000	0	375,570
13	Loan	3, 18	1	Paramount Hotel Seattle	5,715,899	2,781,499	12/31/2022	T-12	84.9%	10,414,892	6,465,650	3,949,241	416,596	0	3,532,646	2.42
14	Loan	16	1	224-228 8th Avenue	NAV	NAV	NAV	NAV	95.6%	3,182,968	839,656	2,343,311	10,373	11,700	2,321,238	1.46
15	Loan	19, 23	1	The Village at Moorpark	675,163	1,067,442	12/31/2022	T-12	95.0%	3,037,249	743,751	2,293,498	19,556	110,816	2,163,126	1.38
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	NAV	NAV	NAV	NAV	88.4%	2,738,373	479,169	2,259,204	8,598	57,320	2,193,286	1.46
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	4,313,558	9,036,411	12/31/2022	T-12	93.3%	13,873,832	4,490,333	9,383,499	64,211	388,889	8,930,399	1.81
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAV	NAV	NAV	NAV	95.0%	2,605,916	680,508	1,925,409	50,895	0	1,874,514	1.33
19	Loan	2, 19, 27	1	Aloft Ponce	2,142,083	2,439,904	12/31/2022	T-12	60.5%	9,678,053	5,255,264	4,422,790	239,304	0	4,183,486	1.98
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAV	NAV	NAV	NAV	95.0%	2,223,387	617,141	1,606,246	42,869	0	1,563,377	1.32
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	NAV	NAV	NAV	NAV	97.0%	1,769,529	281,399	1,488,130	11,000	0	1,477,130	1.41
22	Loan		1	Old Orchard Shopping Center	772,528	1,071,266	12/31/2022	T-12	82.5%	2,018,549	574,364	1,444,185	15,160	70,746	1,358,279	1.47
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	5,732,763	12,496,259	12/31/2022	T-12	87.3%	19,416,376	5,792,824	13,623,552	60,919	609,188	12,953,445	2.11
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	1,403,583	1,735,453	12/31/2022	T-12	73.7%	3,061,893	1,653,624	1,408,269	22,800	0	1,385,469	1.76
24.01	Property		1	Daytona's Endless Summer Resort	775,176	1,048,406	12/31/2022	T-12	69.7%	1,686,010	923,735	762,275	11,600	0	750,675
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	628,406	687,047	12/31/2022	T-12	76.8%	1,375,883	729,889	645,994	11,200	0	634,794
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	386,232	901,746	12/31/2022	T-12	95.0%	1,650,868	469,474	1,181,395	32,155	0	1,149,240	1.32
26	Loan	16	1	Village at Riverstone	NAV	NAV	NAV	NAV	92.5%	1,988,556	488,709	1,499,847	26,906	137,517	1,335,424	2.00
27	Loan	19, 27	1	1733 Bay Tower	332,348	1,223,764	12/31/2022	T-12	95.0%	1,762,330	500,364	1,261,965	10,130	29,097	1,222,738	1.83
28	Loan	2, 16, 19, 26	1	Hunter Quarry	842,371	1,042,333	12/31/2022	T-12	83.6%	1,860,533	834,490	1,026,043	32,100	0	993,943	1.48
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAV	NAV	NAV	NAV	95.0%	1,355,120	394,375	960,745	28,119	0	932,626	1.31
30	Loan	4, 16, 22	1	Dublin Court Industrial	NAV	NAV	NAV	NAV	95.0%	1,372,542	307,281	1,065,261	13,125	40,000	1,012,136	1.70
31	Loan	6, 12	2	Zidan Multifamily Portfolio	455,231	707,061	12/31/2022	T-12	95.0%	1,263,296	466,846	796,450	24,000	0	772,450	1.34
31.01	Property		1	The Quarter	262,332	428,676	12/31/2022	T-12	95.0%	751,183	275,004	476,179	13,800	0	462,379
31.02	Property		1	The Herweck	192,899	278,385	12/31/2022	T-12	95.0%	512,113	191,842	320,271	10,200	0	310,071
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	NAP	NAP	NAP	95.0%	7,792,964	2,992,807	4,800,157	72,800	0	4,727,357	10.06
33	Loan	12	1	The Arches Apartments	396,013	550,451	12/31/2022	T-12	94.8%	1,014,983	407,867	607,116	17,500	4,880	584,736	1.35
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	NAV	NAV	NAV	NAV	98.2%	696,661	62,373	634,289	3,165	1,900	629,224	1.29
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	NAP	NAP	NAP	95.0%	4,589,636	1,488,789	3,100,847	48,300	0	3,052,547	8.10
36	Loan		1	Storage Xxtra Westridge	532,389	967,622	12/31/2022	T-12	88.7%	1,506,404	572,750	933,654	0	0	933,654	3.04
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	NAP	NAP	NAP	NAP	97.0%	6,720,595	3,102,095	3,618,500	22,500	0	3,596,000	10.80
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	NAP	NAP	NAP	95.4%	7,503,600	3,480,199	4,023,401	51,200	0	3,972,201	8.87
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	NAP	NAP	NAP	95.0%	1,486,446	406,121	1,080,325	9,600	0	1,070,725	3.11
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	NAP	NAP	NAP	97.5%	4,563,326	2,000,286	2,563,040	42,625	0	2,520,415	7.26
41	Loan		1	Birchleaf Apartments	290,867	335,554	12/31/2022	T-12	95.0%	730,351	274,770	455,581	12,000	0	443,581	1.34
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	NAP	NAP	NAP	95.0%	1,792,171	886,885	905,286	21,250	0	884,036	2.95
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	NAP	NAP	NAP	NAP	95.5%	3,466,921	1,289,404	2,177,517	31,750	0	2,145,767	8.02
44	Loan	13	1	FedEx Enid	79,867	368,433	12/31/2022	T-12	100.0%	498,898	91,618	407,280	9,568	0	397,712	1.33
45	Loan		1	290 East 56th Avenue	139,998	266,996	12/31/2022	T-12	95.0%	521,550	144,207	377,344	5,500	0	371,844	1.22
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	NAP	NAP	NAP	95.0%	1,065,737	423,404	642,333	15,750	0	626,583	2.87
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	NAP	NAP	NAP	95.0%	3,244,555	1,153,728	2,090,827	41,600	0	2,049,227	6.42
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	NAP	NAP	NAP	95.0%	1,318,195	546,819	771,376	14,750	0	756,626	3.73
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	NAP	NAP	NAP	NAP	94.8%	3,139,696	664,620	2,475,076	8,500	0	2,466,576	13.36
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	NAP	NAP	NAP	95.0%	1,700,418	674,375	1,026,043	20,100	0	1,005,943	5.36
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	NAP	NAP	NAP	95.0%	2,058,213	709,680	1,348,533	13,300	0	1,335,233	7.89
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	NAP	NAP	NAP	94.8%	3,646,234	938,078	2,708,156	12,300	0	2,695,856	17.54
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	NAP	NAP	NAP	NAP	94.0%	2,848,112	1,002,697	1,845,415	47,500	0	1,797,915	13.71
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	NAP	NAP	NAP	97.5%	1,282,320	476,265	806,055	4,800	0	801,255	5.67
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	NAP	NAP	NAP	95.0%	1,309,100	264,360	1,044,740	14,000	0	1,030,740	7.63
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	NAP	NAP	NAP	95.0%	1,297,967	529,771	768,196	8,000	0	760,196	6.07
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	NAP	NAP	NAP	NAP	95.0%	1,229,262	499,419	729,843	4,300	0	725,543	6.77
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	NAP	NAP	NAP	95.0%	1,198,368	384,176	814,192	3,500	0	810,692	7.39
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	NAP	NAP	NAP	95.0%	2,001,555	630,768	1,370,787	15,000	0	1,355,787	11.61
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	NAP	NAP	NAP	96.0%	2,162,905	946,573	1,216,332	11,100	0	1,205,232	10.22
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	NAP	NAP	NAP	95.0%	1,342,920	469,579	873,341	9,800	0	863,541	10.38
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	NAP	NAP	NAP	NAP	95.0%	1,095,226	438,287	656,939	11,400	0	645,539	9.88
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	NAP	NAP	NAP	95.0%	1,204,125	409,885	794,240	4,200	0	790,040	10.48

A-8

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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)
					7, 14	7	7	5			5, 7	5, 7	3,4
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	1.69	13.4%	13.1%	343,600,000	As Is	10/30/2024	52.4%	49.5%	89.8%	10/23/2024	No
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	1.47	9.7%	9.7%	234,900,000	As Is	12/16/2024	60.9%	60.9%	87.3%	11/1/2024	NAP
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	1.61	14.3%	14.1%	118,100,000	As Is	10/2/2024	61.8%	54.5%	94.5%	9/19/2024	No
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	1.92	15.3%	13.7%	69,400,000	As Is	10/31/2024	67.1%	67.1%	100.0%	10/24/2024	No
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	1.30	9.0%	8.5%	231,000,000	As Is	12/5/2024	58.4%	58.4%	100.0%	11/30/2024	No
6	Loan	3, 16, 18	1	360 Bowery	1.11	7.3%	7.3%	64,000,000	As Is	12/18/2024	62.5%	62.5%	NAP	NAP	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	2.35	14.4%	14.2%	1,096,000,000	As Is	11/14/2024	45.6%	45.6%	95.2%	10/31/2024	No
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	1.51	10.9%	10.7%	51,550,000	As Is	Various	69.8%	69.8%	100.0%	2/6/2025
8.01	Property		1	FedEx New Stanton				19,350,000	As Is	10/24/2024			100.0%	2/6/2025	Yes
8.02	Property		1	FedEx Athens				14,100,000	As Is	10/29/2024			100.0%	2/6/2025	Yes
8.03	Property		1	FedEx Middleborough				11,200,000	As Is	10/26/2024			100.0%	2/6/2025	Yes
8.04	Property		1	FedEx Cambridge				6,900,000	As Is	10/22/2024			100.0%	2/6/2025	Yes
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	1.67	11.0%	11.0%	58,800,000	As Is	12/16/2024	59.5%	59.5%	93.3%	10/31/2024	NAP
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	1.25	9.7%	9.6%	56,100,000	As Is	1/15/2025	59.3%	54.2%	98.9%	1/22/2025	NAP
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	1.91	12.9%	12.9%	47,000,000	As Portfolio	Various	61.5%	61.5%	100.0%	2/6/2025
11.01	Property		1	Seatex - Rosenberg HQ				25,700,000	As Is	12/20/2024			100.0%	2/6/2025	Yes
11.02	Property		1	Seatex - Rosenberg Plant				9,400,000	As Is	12/20/2024			100.0%	2/6/2025	Yes
11.03	Property		1	Seatex - El Campo				8,100,000	As Is	12/20/2024			100.0%	2/6/2025	Yes
11.04	Property		1	Seatex - Pasadena				3,250,000	As Is	12/30/2024			100.0%	2/6/2025	Yes
12	Loan	6	3	HTI Houston Multifamily Portfolio	1.29	10.4%	10.0%	42,800,000	As Is	Various	59.1%	59.1%	92.4%	12/18/2024
12.01	Property		1	Innsbruck-Lemoyne Apartments				28,900,000	As Is	11/26/2024			89.9%	12/18/2024	NAP
12.02	Property		1	Timberline Forest Apartments				7,700,000	As Is	11/26/2024			96.9%	12/18/2024	NAP
12.03	Property		1	Horizon Apartments				6,200,000	As Is	11/27/2024			96.3%	12/18/2024	NAP
13	Loan	3, 18	1	Paramount Hotel Seattle	2.17	15.8%	14.1%	54,500,000	As Is	8/26/2024	45.9%	45.9%	84.9%	10/31/2024	NAP
14	Loan	16	1	224-228 8th Avenue	1.44	9.4%	9.3%	38,500,000	As Is	12/6/2024	64.9%	64.9%	97.6%	12/5/2024	NAP
15	Loan	19, 23	1	The Village at Moorpark	1.30	9.6%	9.0%	37,530,000	As Is	12/20/2024	63.9%	63.9%	95.1%	2/1/2025	No
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	1.42	10.2%	9.9%	37,100,000	As Is	1/15/2025	60.0%	60.0%	89.0%	1/27/2025	No
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	1.72	14.2%	13.6%	109,100,000	As Is	9/26/2024	60.4%	52.5%	90.2%	10/30/2024	No
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	1.29	10.4%	10.1%	32,100,000	As Is	9/15/2024	57.6%	50.1%	100.0%	9/1/2024	NAP
19	Loan	2, 19, 27	1	Aloft Ponce	1.88	27.6%	26.1%	42,500,000	As Is	10/16/2024	37.6%	0.0%	60.5%	12/31/2024	NAP
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	1.29	10.3%	10.1%	26,600,000	As Is	11/4/2024	58.5%	50.7%	100.0%	11/1/2024	NAP
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	1.40	10.1%	10.0%	22,100,000	As Stabilized	11/27/2024	66.5%	66.5%	97.7%	12/1/2024	NAP
22	Loan		1	Old Orchard Shopping Center	1.38	10.4%	9.8%	24,000,000	As Is	7/13/2024	57.9%	57.9%	79.8%	11/1/2024	No
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	2.01	14.3%	13.6%	202,000,000	As Is	9/5/2024	47.0%	47.0%	88.9%	8/23/2024	No
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	1.73	12.5%	12.3%	21,000,000	As Is	10/17/2024	53.8%	53.8%	100.0%	1/17/2025
24.01	Property		1	Daytona's Endless Summer Resort				11,200,000	As Is	10/17/2024			100.0%	1/17/2025	NAP
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort				9,800,000	As Is	10/17/2024			100.0%	1/17/2025	NAP
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	1.28	10.6%	10.3%	18,800,000	As Is	12/30/2024	59.5%	51.9%	100.0%	1/1/2025	NAP
26	Loan	16	1	Village at Riverstone	1.78	14.1%	12.5%	16,400,000	As Is	10/20/2024	65.0%	65.0%	100.0%	12/18/2024	No
27	Loan	19, 27	1	1733 Bay Tower	1.78	12.6%	12.2%	21,100,000	As Is	1/15/2025	47.4%	47.4%	100.0%	1/27/2025	No
28	Loan	2, 16, 19, 26	1	Hunter Quarry	1.44	10.9%	10.6%	19,000,000	As Is	12/12/2024	49.5%	49.5%	92.5%	12/13/2024	NAP
29	Loan	10, 19, 26, 30	1	Chambers & Villard	1.27	10.5%	10.2%	15,450,000	As Is	12/30/2024	59.4%	51.8%	100.0%	1/1/2025	NAP
30	Loan	4, 16, 22	1	Dublin Court Industrial	1.62	12.5%	11.9%	15,675,000	As Is	11/26/2024	54.2%	54.2%	100.0%	2/6/2025	Yes
31	Loan	6, 12	2	Zidan Multifamily Portfolio	1.30	10.5%	10.2%	11,650,000	As Is	11/21/2024	65.2%	65.2%	97.5%	1/16/2025
31.01	Property		1	The Quarter				7,250,000	As Is	11/21/2024			95.7%	1/16/2025	NAP
31.02	Property		1	The Herweck				4,400,000	As Is	11/21/2024			100.0%	1/16/2025	NAP
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	9.91	74.0%	72.9%	62,500,000	As Is	9/3/2024	10.4%	8.9%	NAP	NAP	NAP
33	Loan	12	1	The Arches Apartments	1.30	9.5%	9.1%	9,400,000	As Is	11/7/2024	68.1%	68.1%	98.6%	12/19/2024	NAP
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	1.28	10.6%	10.5%	9,000,000	As Is	8/2/2024	66.7%	58.6%	100.0%	1/15/2025	No
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	7.98	56.4%	55.5%	63,570,000	As Is	9/11/2024	8.6%	8.1%	NAP	NAP	NAP
36	Loan		1	Storage Xxtra Westridge	3.04	18.3%	18.3%	15,230,000	As Is	12/18/2024	33.5%	33.5%	88.4%	12/30/2024	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	10.73	72.4%	71.9%	100,800,000	As Is	12/12/2024	5.0%	5.0%	NAP	NAP	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	8.76	80.6%	79.6%	63,000,000	As Is	10/1/2024	7.9%	5.3%	NAP	NAP	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	3.08	22.5%	22.3%	15,570,000	As Is	12/2/2024	30.8%	29.1%	NAP	NAP	NAP
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	7.13	55.8%	54.8%	71,300,000	As Is	10/8/2024	6.4%	5.6%	NAP	NAP	NAP
41	Loan		1	Birchleaf Apartments	1.30	10.0%	9.7%	6,550,000	As Is	11/25/2024	69.8%	69.8%	97.9%	12/19/2024	NAP
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	2.88	20.6%	20.1%	13,830,000	As Is	8/16/2024	31.8%	29.9%	NAP	NAP	NAP
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	7.90	51.2%	50.5%	43,600,000	As Is	10/22/2024	9.7%	9.7%	NAP	NAP	NAP
44	Loan	13	1	FedEx Enid	1.30	9.7%	9.5%	6,010,000	As Is	10/24/2024	69.9%	69.9%	100.0%	2/6/2025	Yes
45	Loan		1	290 East 56th Avenue	1.20	10.1%	9.9%	6,030,000	As Is	12/11/2024	62.2%	59.1%	100.0%	12/20/2024	NAP
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	2.80	19.9%	19.4%	9,300,000	As Is	9/25/2024	34.7%	32.5%	NAP	NAP	NAP
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	6.29	65.2%	63.9%	31,800,000	As Is	6/14/2024	10.1%	4.5%	NAP	NAP	NAP
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	3.66	26.6%	26.1%	10,700,000	As Is	10/22/2024	27.1%	25.5%	NAP	NAP	NAP
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	13.31	91.7%	91.4%	42,000,000	As Is	10/2/2024	6.4%	6.4%	NAP	NAP	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	5.25	41.0%	40.2%	17,480,000	As Is	12/4/2024	14.3%	12.3%	NAP	NAP	NAP
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	7.81	54.0%	53.4%	15,700,000	As Is	10/29/2024	15.9%	14.9%	NAP	NAP	NAP
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	17.46	132.3%	131.7%	55,340,000	As Is	9/26/2024	3.7%	3.2%	NAP	NAP	NAP
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	13.35	90.5%	88.1%	34,450,000	As Is	10/2/2024	5.9%	5.9%	NAP	NAP	NAP
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	5.63	40.3%	40.1%	25,400,000	As Is	11/25/2024	7.9%	7.4%	NAP	NAP	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	7.53	58.1%	57.3%	18,900,000	As Is	9/27/2024	9.5%	8.2%	NAP	NAP	NAP
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	6.01	43.9%	43.4%	15,200,000	As Is	10/15/2024	11.5%	10.9%	NAP	NAP	NAP
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	6.73	44.2%	44.0%	33,600,000	As Is	10/8/2024	4.9%	4.9%	NAP	NAP	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	7.36	52.7%	52.5%	31,600,000	As Is	8/1/2024	4.9%	4.1%	NAP	NAP	NAP
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	11.48	91.4%	90.4%	26,510,000	As Is	8/30/2024	5.7%	4.9%	NAP	NAP	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	10.13	81.2%	80.5%	41,900,000	As Is	7/9/2024	3.6%	3.1%	NAP	NAP	NAP
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	10.27	81.2%	80.3%	14,180,000	As Is	12/6/2024	7.6%	6.6%	NAP	NAP	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	9.71	65.7%	64.6%	13,300,000	As Is	11/26/2024	7.5%	7.5%	NAP	NAP	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	10.43	79.5%	79.1%	17,270,000	As Is	8/30/2024	5.8%	5.0%	NAP	NAP	NAP

A-9

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Largest Tenant	Largest Tenant SF	Largest Tenant % of NRA	Largest Tenant Lease Expiration Date	Second Largest Tenant	Second Largest Tenant SF	Second Largest Tenant % of NRA
					4, 21, 22, 23, 28				4, 21, 22, 23, 28
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	Macy's	193,500	19.1%	2/2/2030	Nordstrom	165,000	16.3%
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	NAP	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	CIT/First-Citizens Bank & Trust	220,628	53.4%	4/30/2036	Morgan Stanley	116,578	28.2%
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	Hawaiian Electric Company, Inc.	194,624	57.7%	12/31/2032	City & County of Honolulu	73,773	21.9%
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	Soho House New York LLC	69,984	79.9%	1/31/2034	HC Leaseco LLC (Chez Margaux)	9,617	11.0%
6	Loan	3, 16, 18	1	360 Bowery	NAP	NAP	NAP	NAP	NAP	NAP	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	Capital One	214,852	18.3%	1/31/2031	UBS AG	143,095	12.2%
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio
8.01	Property		1	FedEx New Stanton	Federal Express Corporation	140,985	100.0%	8/31/2032	NAP	NAP	NAP
8.02	Property		1	FedEx Athens	Federal Express Corporation	140,218	100.0%	8/31/2026	NAP	NAP	NAP
8.03	Property		1	FedEx Middleborough	Federal Express Corporation	73,137	100.0%	5/31/2028	NAP	NAP	NAP
8.04	Property		1	FedEx Cambridge	Federal Express Corporation	84,252	100.0%	9/14/2028	NAP	NAP	NAP
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	NAP	NAP	NAP	NAP	NAP	NAP	NAP
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	NAP	NAP	NAP	NAP	NAP	NAP	NAP
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio
11.01	Property		1	Seatex - Rosenberg HQ	Seatex	237,910	100.0%	10/31/2046	NAP	NAP	NAP
11.02	Property		1	Seatex - Rosenberg Plant	Seatex	81,320	100.0%	10/31/2046	NAP	NAP	NAP
11.03	Property		1	Seatex - El Campo	Seatex	91,000	100.0%	10/31/2046	NAP	NAP	NAP
11.04	Property		1	Seatex - Pasadena	Seatex	24,997	100.0%	10/31/2046	NAP	NAP	NAP
12	Loan	6	3	HTI Houston Multifamily Portfolio
12.01	Property		1	Innsbruck-Lemoyne Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
12.02	Property		1	Timberline Forest Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
12.03	Property		1	Horizon Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13	Loan	3, 18	1	Paramount Hotel Seattle	NAP	NAP	NAP	NAP	NAP	NAP	NAP
14	Loan	16	1	224-228 8th Avenue	NAP	NAP	NAP	NAP	NAP	NAP	NAP
15	Loan	19, 23	1	The Village at Moorpark	Bowlero	45,022	34.5%	6/5/2033	Amazon Retail, LLC	35,415	27.2%
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	Eco Tax Inc	5,920	10.3%	1/31/2029	Studio 21 Design Inc	4,050	7.1%
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	H&M	22,142	5.2%	1/31/2026	Nike Factory Store	14,355	3.4%
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAP	NAP	NAP	NAP	NAP	NAP	NAP
19	Loan	2, 19, 27	1	Aloft Ponce	NAP	NAP	NAP	NAP	NAP	NAP	NAP
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAP	NAP	NAP	NAP	NAP	NAP	NAP
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	NAP	NAP	NAP	NAP	NAP	NAP	NAP
22	Loan		1	Old Orchard Shopping Center	Vallarta Food Enterprises, Inc Store # 19	31,842	31.5%	1/7/2027	North Valley Health Corp	10,940	10.8%
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	Saks Fifth Avenue Off 5th	28,000	6.9%	8/31/2029	Nike Factory Store	17,067	4.2%
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio
24.01	Property		1	Daytona's Endless Summer Resort	NAP	NAP	NAP	NAP	NAP	NAP	NAP
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	NAP	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	NAP	NAP	NAP	NAP	NAP	NAP	NAP
26	Loan	16	1	Village at Riverstone	Regal Cinemas	50,615	62.1%	1/31/2032	Golf Island	5,811	7.1%
27	Loan	19, 27	1	1733 Bay Tower	Law Office Rutigliano	4,300	14.8%	12/31/2029	Sheepshead Bay Liquor World, Inc.	3,200	11.0%
28	Loan	2, 16, 19, 26	1	Hunter Quarry	NAP	NAP	NAP	NAP	NAP	NAP	NAP
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAP	NAP	NAP	NAP	NAP	NAP	NAP
30	Loan	4, 16, 22	1	Dublin Court Industrial	TWC The Valve Company, LLC	87,500	100.0%	2/6/2040	NAP	NAP	NAP
31	Loan	6, 12	2	Zidan Multifamily Portfolio
31.01	Property		1	The Quarter	NAP	NAP	NAP	NAP	NAP	NAP	NAP
31.02	Property		1	The Herweck	NAP	NAP	NAP	NAP	NAP	NAP	NAP
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan	12	1	The Arches Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	Claritza Rodriguez dba Beauty Supply	1,557	81.9%	8/31/2029	NAP	NAP	NAP
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	Storage Xxtra Westridge	NAP	NAP	NAP	NAP	NAP	NAP	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
41	Loan		1	Birchleaf Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
44	Loan	13	1	FedEx Enid	Federal Express Corporation	47,842	100.0%	3/31/2030	NAP	NAP	NAP
45	Loan		1	290 East 56th Avenue	NAP	NAP	NAP	NAP	NAP	NAP	NAP
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	NAP	NAP	NAP	NAP	NAP	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP	NAP

A-10

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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

4, 21, 22, 23, 28

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

2/28/2030

Welltower Mission Viejo Medical

104,500

10.3%

1/31/2074

Dick's Sporting Goods

80,000

7.9%

1/31/2032

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

NAP

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

4/30/2038

Zelis Healthcare, LLC

53,295

12.9%

4/30/2036

NAP

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

7/31/2055

Nordic PCL Construction, Inc.

20,404

6.0%

6/30/2028

TMLF Hawaii LLLC

7,718

2.3%

6/30/2026

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

2/28/2035

European Crystal (Baccarat)

3,995

4.6%

5/31/2035

Tourneau, LLC (Rolex)

3,941

4.5%

8/31/2030

Loan

3, 16, 18

360 Bowery

NAP

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

11/30/2031 (114,759 SF); 12/31/2034 (28,336 SF)

King Street Capital MGMT LP

59,534

5.1%

10/31/2029

Carlyle Investment Management LLC

59,276

5.0%

5/31/2032

Loan

6, 12, 13, 21, 33

FedEx Portfolio

8.01

Property

FedEx New Stanton

NAP

8.02

Property

FedEx Athens

NAP

8.03

Property

FedEx Middleborough

NAP

8.04

Property

FedEx Cambridge

NAP

Loan

1, 3, 4, 31

UOVO Orangeburg

NAP

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

NAP

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

11.01

Property

Seatex - Rosenberg HQ

NAP

11.02

Property

Seatex - Rosenberg Plant

NAP

11.03

Property

Seatex - El Campo

NAP

11.04

Property

Seatex - Pasadena

NAP

Loan

HTI Houston Multifamily Portfolio

12.01

Property

Innsbruck-Lemoyne Apartments

NAP

12.02

Property

Timberline Forest Apartments

NAP

12.03

Property

Horizon Apartments

NAP

Loan

3, 18

Paramount Hotel Seattle

NAP

Loan

224-228 8th Avenue

NAP

Loan

19, 23

The Village at Moorpark

11/30/2031

Dover Saddlery

7,285

5.6%

1/31/2032

Solid Gold Dance Studio

5,539

4.2%

7/31/2035

Loan

3, 16, 19, 27

3121 Ocean Avenue

1/31/2034

Ledo Medical Rehabilitation PLLC

3,690

6.4%

1/31/2034

Brooklyn Toys Group LLC

3,150

5.5%

9/30/2034

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

1/31/2030

Old Navy

13,266

3.1%

7/31/2029

Polo Ralph Lauren

12,317

2.9%

7/31/2029

Loan

10, 19, 26, 30

Michigan & Mitchell

NAP

Loan

2, 19, 27

Aloft Ponce

NAP

Loan

10, 19, 26, 30

Wells Street Portfolio

NAP

Loan

5, 16, 27

3001-3003 Grand Concourse

NAP

Loan

Old Orchard Shopping Center

9/30/2027

Healthcare Investments

8,680

8.6%

1/14/2025

O'Reilly Auto Parts

6,729

6.7%

12/31/2025

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

8/31/2029

Polo Ralph Lauren

15,000

3.7%

1/31/2030

Old Navy

12,329

3.0%

8/31/2029

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

24.01

Property

Daytona's Endless Summer Resort

NAP

24.02

Property

Sandy Oaks Mobile Home & RV Resort

NAP

Loan

10, 19, 26, 30

Hampton & Fond du Lac

NAP

Loan

Village at Riverstone

10/31/2026

Boiada Brazillian Grill

5,604

6.9%

3/31/2035

Azteca Southwest Grill

5,528

6.8%

7/31/2031

Loan

19, 27

1733 Bay Tower

2/28/2033

Best Help Home Care

1,900

6.5%

1/31/2026

Bek Trans Group Inc

1,725

5.9%

12/31/2026

Loan

2, 16, 19, 26

Hunter Quarry

NAP

Loan

10, 19, 26, 30

Chambers & Villard

NAP

Loan

4, 16, 22

Dublin Court Industrial

NAP

Loan

6, 12

Zidan Multifamily Portfolio

31.01

Property

The Quarter

NAP

31.02

Property

The Herweck

NAP

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

NAP

Loan

The Arches Apartments

NAP

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

NAP

Loan

5, 13, 16, 30

34-15 Properties Ltd.

NAP

Loan

Storage Xxtra Westridge

NAP

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

NAP

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

NAP

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

NAP

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

NAP

Loan

Birchleaf Apartments

NAP

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

NAP

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

NAP

Loan

FedEx Enid

NAP

Loan

290 East 56th Avenue

NAP

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

NAP

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

NAP

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

NAP

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

NAP

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

NAP

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

NAP

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

NAP

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

NAP

Loan

5, 13, 16, 30

Hearth House Owners Corp.

NAP

Loan

5, 13, 16, 30

7 Great Jones Corp.

NAP

Loan

5, 13, 16, 30

50-21 Owners Ltd.

NAP

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

NAP

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

NAP

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

NAP

Loan

5, 13, 16, 30

241 West 108 Ltd.

NAP

Loan

5, 13, 16, 30

Waters at West End, Inc.

NAP

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

NAP

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

NAP

A-11

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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

4, 21, 22, 23, 28

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

Old Navy

21,196

2.1%

1/31/2026

11/5/2024

NAP

11/5/2024

Fee

NAP

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

NAP

12/31/2024

NAP

12/31/2024

NAP

Fee

NAP

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

NAP

10/2/2024

NAP

10/2/2024

NAP

Fee

NAP

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

eWorld Enterprises Solutions, Inc.

7,165

2.1%

2/28/2029

10/7/2024

NAP

10/3/2024

NAP

Leasehold

2/5/2057

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

NAP

12/11/2024

NAP

12/11/2024

NAP

Fee

NAP

Loan

3, 16, 18

360 Bowery

NAP

1/6/2025

NAP

1/6/2025

NAP

Fee

NAP

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

Consulate General of Japan

58,244

4.9%

2/29/2036

11/18/2024

NAP

11/18/2024

NAP

Fee

NAP

Loan

6, 12, 13, 21, 33

FedEx Portfolio

8.01

Property

FedEx New Stanton

NAP

10/25/2024

NAP

10/25/2024

NAP

Fee

NAP

8.02

Property

FedEx Athens

NAP

10/30/2024

NAP

10/30/2024

NAP

Fee

NAP

8.03

Property

FedEx Middleborough

NAP

10/31/2024

NAP

10/31/2024

NAP

Fee

NAP

8.04

Property

FedEx Cambridge

NAP

10/25/2024

NAP

10/25/2024

NAP

Fee

NAP

Loan

1, 3, 4, 31

UOVO Orangeburg

NAP

12/31/2024

NAP

12/31/2024

NAP

Fee

NAP

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

NAP

12/11/2024

NAP

12/10/2024

NAP

Fee

NAP

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

11.01

Property

Seatex - Rosenberg HQ

NAP

10/2/2024

NAP

12/27/2024

NAP

Fee

NAP

11.02

Property

Seatex - Rosenberg Plant

NAP

10/2/2024

NAP

12/27/2024

NAP

Fee

NAP

11.03

Property

Seatex - El Campo

NAP

10/2/2024

NAP

12/27/2024

NAP

Yes - AE

Fee

NAP

11.04

Property

Seatex - Pasadena

NAP

10/2/2024

NAP

12/27/2024

NAP

Yes - AE

Fee

NAP

Loan

HTI Houston Multifamily Portfolio

12.01

Property

Innsbruck-Lemoyne Apartments

NAP

12/17/2024

NAP

12/17/2024

NAP

Fee

NAP

12.02

Property

Timberline Forest Apartments

NAP

12/13/2024

NAP

12/13/2024

NAP

Fee

NAP

12.03

Property

Horizon Apartments

NAP

12/13/2024

NAP

12/13/2024

NAP

Fee

NAP

Loan

3, 18

Paramount Hotel Seattle

NAP

9/13/2024

NAP

9/13/2024

11%

Fee

NAP

Loan

224-228 8th Avenue

NAP

12/16/2024

NAP

12/16/2024

NAP

Fee

NAP

Loan

19, 23

The Village at Moorpark

Bank of America, N.A.

5,000

3.8%

3/31/2028

12/27/2024

NAP

12/26/2024

10%

Fee

NAP

Loan

3, 16, 19, 27

3121 Ocean Avenue

Infinite Academics LLC

2,700

4.7%

11/14/2029

1/8/2025

NAP

1/7/2025

NAP

Yes - AE

Fee

NAP

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

Under Armour

11,053

2.6%

7/31/2029

9/23/2024

NAP

9/23/2024

NAP

Fee

NAP

Loan

10, 19, 26, 30

Michigan & Mitchell

NAP

9/25/2024

NAP

9/25/2024

NAP

Fee

NAP

Loan

2, 19, 27

Aloft Ponce

NAP

10/22/2024

NAP

10/21/2024

10/23/2024

15%

Fee

NAP

Loan

10, 19, 26, 30

Wells Street Portfolio

NAP

11/22/2024

NAP

11/22/2024

NAP

Fee

NAP

Loan

5, 16, 27

3001-3003 Grand Concourse

NAP

8/29/2024

NAP

8/28/2024

NAP

Fee

NAP

Loan

Old Orchard Shopping Center

Valencia Laundry

4,200

4.2%

10/31/2029

7/26/2024

NAP

7/23/2024

7/25/2024

17%

Fee

NAP

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

Under Armour

12,065

3.0%

MTM

9/9/2024

NAP

9/9/2024

NAP

Fee

NAP

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

Fee

NAP

24.01

Property

Daytona's Endless Summer Resort

NAP

10/23/2024

NAP

10/23/2024

NAP

Fee

NAP

24.02

Property

Sandy Oaks Mobile Home & RV Resort

NAP

10/23/2024

NAP

10/23/2024

NAP

Fee

NAP

Loan

10, 19, 26, 30

Hampton & Fond du Lac

NAP

1/15/2025

NAP

1/17/2025

NAP

Fee

NAP

Loan

Village at Riverstone

Pedego Electric Bikes

3,189

3.9%

9/30/2026

10/29/2024

NAP

10/28/2024

NAP

Fee

NAP

Loan

19, 27

1733 Bay Tower

Litvak Law Group

1,400

4.8%

11/30/2026

1/8/2025

NAP

12/16/2024

NAP

Yes - AE

Fee

NAP

Loan

2, 16, 19, 26

Hunter Quarry

NAP

12/19/2024

NAP

12/19/2024

NAP

Fee

NAP

Loan

10, 19, 26, 30

Chambers & Villard

NAP

1/24/2025

NAP

1/24/2025

NAP

Fee

NAP

Loan

4, 16, 22

Dublin Court Industrial

NAP

12/6/2024

NAP

12/6/2024

NAP

Fee

NAP

Loan

6, 12

Zidan Multifamily Portfolio

31.01

Property

The Quarter

NAP

1/2/2025

NAP

1/2/2025

NAP

Fee

NAP

31.02

Property

The Herweck

NAP

1/2/2025

NAP

1/2/2025

NAP

Fee

NAP

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

NAP

9/20/2024

NAP

10/1/2024

NAP

Fee

NAP

Loan

The Arches Apartments

NAP

11/27/2024

NAP

11/26/2024

NAP

Fee

NAP

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

NAP

7/30/2024

NAP

7/30/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

34-15 Properties Ltd.

NAP

9/25/2024

NAP

9/26/2024

NAP

Fee

NAP

Loan

Storage Xxtra Westridge

NAP

12/30/2024

NAP

12/27/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

NAP

12/23/2024

NAP

12/27/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

NAP

10/11/2024

NAP

10/21/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

NAP

12/16/2024

NAP

12/18/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

NAP

10/23/2024

NAP

10/28/2024

NAP

Fee

NAP

Loan

Birchleaf Apartments

NAP

12/2/2024

NAP

11/26/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

NAP

9/11/2024

NAP

9/3/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

NAP

11/6/2024

NAP

11/8/2024

NAP

Fee

NAP

Loan

FedEx Enid

NAP

10/25/2024

NAP

10/25/2024

NAP

Yes - AE

Fee

NAP

Loan

290 East 56th Avenue

NAP

12/18/2024

NAP

12/18/2024

Fee

NAP

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

NAP

10/9/2024

NAP

10/17/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

NAP

7/8/2024

NAP

7/8/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

NAP

9/27/2024

NAP

10/4/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

NAP

10/21/2024

NAP

10/23/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

NAP

12/19/2024

NAP

12/23/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

NAP

11/13/2024

NAP

11/19/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

NAP

10/7/2024

NAP

10/15/2024

NAP

Yes - AE

Fee

NAP

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

NAP

10/21/2024

NAP

10/23/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Hearth House Owners Corp.

NAP

12/2/2024

NAP

12/13/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

7 Great Jones Corp.

NAP

10/15/2024

NAP

10/17/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

50-21 Owners Ltd.

NAP

10/29/2024

NAP

11/4/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

NAP

10/24/2024

NAP

10/28/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

NAP

8/19/2024

NAP

8/19/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

NAP

10/7/2024

NAP

10/9/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

241 West 108 Ltd.

NAP

7/18/2024

NAP

7/22/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

Waters at West End, Inc.

NAP

12/27/2024

NAP

12/27/2024

NAP

Yes - AE

Fee

NAP

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

NAP

12/16/2024

NAP

12/12/2024

NAP

Fee

NAP

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

NAP

9/11/2024

NAP

9/12/2024

NAP

Fee

NAP

A-12

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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 ($)
								18	19	18	19
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	NAP	NAP	NAP	0	Springing	0	Springing
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	NAP	NAP	NAP	183,288	61,096	0	Springing
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	NAP	NAP	NAP	109,961	109,961	23,610	11,805
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	1, 15-year extension option	734,117	No	119,952	59,976	142,019	47,340
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	NAP	NAP	NAP	212,776	81,837	0	Springing
6	Loan	3, 16, 18	1	360 Bowery	NAP	NAP	NAP	0	Springing	0	Springing
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	NAP	NAP	NAP	0	Springing	0	Springing
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio				0	Springing	20,442	10,221
8.01	Property		1	FedEx New Stanton	NAP	NAP	NAP
8.02	Property		1	FedEx Athens	NAP	NAP	NAP
8.03	Property		1	FedEx Middleborough	NAP	NAP	NAP
8.04	Property		1	FedEx Cambridge	NAP	NAP	NAP
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	NAP	NAP	NAP	84,311	28,104	0	Springing
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	NAP	NAP	NAP	133,400	66,700	166,730	13,894
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio				0	Springing	0	Springing
11.01	Property		1	Seatex - Rosenberg HQ	NAP	NAP	NAP
11.02	Property		1	Seatex - Rosenberg Plant	NAP	NAP	NAP
11.03	Property		1	Seatex - El Campo	NAP	NAP	NAP
11.04	Property		1	Seatex - Pasadena	NAP	NAP	NAP
12	Loan	6	3	HTI Houston Multifamily Portfolio				57,962	57,962	38,547	11,316
12.01	Property		1	Innsbruck-Lemoyne Apartments	NAP	NAP	NAP
12.02	Property		1	Timberline Forest Apartments	NAP	NAP	NAP
12.03	Property		1	Horizon Apartments	NAP	NAP	NAP
13	Loan	3, 18	1	Paramount Hotel Seattle	NAP	NAP	NAP	120,000	45,000	15,000	18,000
14	Loan	16	1	224-228 8th Avenue	NAP	NAP	NAP	99,613	49,807	0	Springing
15	Loan	19, 23	1	The Village at Moorpark	NAP	NAP	NAP	0	28,559	6,126	5,834
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	NAP	NAP	NAP	12,867	6,433	137,703	18,861
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	NAP	NAP	NAP	0	59,050	0	Springing
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAP	NAP	NAP	137,345	12,486	0	Springing
19	Loan	2, 19, 27	1	Aloft Ponce	NAP	NAP	NAP	14,992	2,272	780,094	32,100
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAP	NAP	NAP	132,375	10,183	0	Springing
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	NAP	NAP	NAP	45,199	22,600	12,545	6,272
22	Loan		1	Old Orchard Shopping Center	NAP	NAP	NAP	76,536	25,512	35,955	Springing
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	NAP	NAP	NAP	0	Springing	0	Springing
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	NAP	NAP	NAP	59,464	14,867	18,161	13,241
24.01	Property		1	Daytona's Endless Summer Resort	NAP	NAP	NAP
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	NAP	NAP	NAP
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	NAP	NAP	NAP	25,977	12,988	0	Springing
26	Loan	16	1	Village at Riverstone	NAP	NAP	NAP	54,597	6,825	3,635	1,818
27	Loan	19, 27	1	1733 Bay Tower	NAP	NAP	NAP	23,537	11,768	25,056	6,292
28	Loan	2, 16, 19, 26	1	Hunter Quarry	NAP	NAP	NAP	61,233	20,411	0	Springing
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAP	NAP	NAP	22,920	11,460	0	Springing
30	Loan	4, 16, 22	1	Dublin Court Industrial	NAP	NAP	NAP	25,704	12,852	71,586	6,028
31	Loan	6, 12	2	Zidan Multifamily Portfolio				23,226	11,613	10,815	5,408
31.01	Property		1	The Quarter	NAP	NAP	NAP
31.02	Property		1	The Herweck	NAP	NAP	NAP
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	NAP	NAP	184,573	61,524	0	Springing
33	Loan	12	1	The Arches Apartments	NAP	NAP	NAP	11,309	11,309	9,103	4,551
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	NAP	NAP	NAP	4,749	1,131	4,331	589
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	NAP	NAP	0	Springing	0	Springing
36	Loan		1	Storage Xxtra Westridge	NAP	NAP	NAP	43,862	10,965	0	Springing
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	NAP	NAP	NAP	0	Springing	0	Springing
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	NAP	NAP	77,500	38,750	0	Springing
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing
41	Loan		1	Birchleaf Apartments	NAP	NAP	NAP	5,520	5,520	5,458	2,729
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	NAP	NAP	26,750	26,750	0	Springing
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	NAP	NAP	NAP	167,850	36,675	0	Springing
44	Loan	13	1	FedEx Enid	NAP	NAP	NAP	9,003	Springing	55,172	Springing
45	Loan		1	290 East 56th Avenue	NAP	NAP	NAP	34,360	4,909	6,338	2,113
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	NAP	NAP	0	Springing	0	Springing
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	NAP	NAP	NAP	0	Springing	0	Springing
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	NAP	NAP	0	Springing	0	Springing
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	NAP	NAP	0	Springing	0	Springing
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	NAP	NAP	NAP	0	Springing	0	Springing
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	NAP	NAP	0	Springing	0	Springing
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	NAP	NAP	32,000	16,000	0	Springing
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	NAP	NAP	NAP	0	Springing	0	Springing
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	NAP	NAP	33,800	16,900	0	Springing
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	NAP	NAP	10,333	5,166	0	Springing
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	NAP	NAP	27,000	27,000	0	Springing
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	NAP	NAP	0	Springing	0	Springing
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	NAP	NAP	NAP	0	Springing	0	Springing
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	NAP	NAP	0	Springing	0	Springing

A-13

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Upfront Replacement / PIP Reserve ($)	Monthly Replacement / FF&E Reserve ($)	Replacement Reserve Caps ($)	Upfront TI/LC Reserve ($)
					18	19	20	18
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	0	Springing	0	0
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	0	Springing	0	0
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	0	8,610	309,946	0
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	0	5,623	275,000	850,000
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	0	1,459	0	0
6	Loan	3, 16, 18	1	360 Bowery	0	Springing	0	0
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	0	Springing	0	0
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	0	7,310	0	0
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	0	Springing	0	0
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	0	2,065	0	0
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	0	Springing	87,045	0
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	0	8,188	0	0
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	0	4% of the gross operating income for the Property for the 2nd month immediately preceding each Payment Date	0	0
14	Loan	16	1	224-228 8th Avenue	0	864	0	0
15	Loan	19, 23	1	The Village at Moorpark	0	1,630	0	0
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	0	717	0	250,000
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	0	5,351	256,844	2,000,000
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	0	4,241	0	0
19	Loan	2, 19, 27	1	Aloft Ponce	0	19,942	0	0
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	0	3,572	0	0
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	0	917	0	0
22	Loan		1	Old Orchard Shopping Center	0	1,264	0	250,000
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	0	Springing	0	0
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	0	1,900	0	0
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	0	2,680	0	0
26	Loan	16	1	Village at Riverstone	0	2,242	53,811	0
27	Loan	19, 27	1	1733 Bay Tower	0	844	0	250,000
28	Loan	2, 16, 19, 26	1	Hunter Quarry	0	2,675	0	0
29	Loan	10, 19, 26, 30	1	Chambers & Villard	0	2,343	0	0
30	Loan	4, 16, 22	1	Dublin Court Industrial	0	1,094	0	0
31	Loan	6, 12	2	Zidan Multifamily Portfolio	0	2,000	0	0
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	500,000	0	0	0
33	Loan	12	1	The Arches Apartments	0	1,458	0	0
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	0	264	0	0
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	194,164	0	0	0
36	Loan		1	Storage Xxtra Westridge	0	0	0	0
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	0	0	0	0
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	3,000,000	0	0	0
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	0	0	0	0
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	0	0	0	0
41	Loan		1	Birchleaf Apartments	0	1,000	0	0
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	350,000	0	0	0
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	1,250	0	0	0
44	Loan	13	1	FedEx Enid	0	797	0	0
45	Loan		1	290 East 56th Avenue	0	458	0	0
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	453,552	0	0	0
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	250,000	0	0	0
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	0	0	0	0
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	100,000	0	0	0
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	25,000	0	0	0
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	300,000	0	0	0
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	0	0	0	0
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	0	0	0	0
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	15,000	0	0	0
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	0	0	0	0
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	100,000	0	0	0
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	0	0	0	0
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	0	0	0	0
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	100,000	0	0	0
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	500,000	0	0	0
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	0	0	0	0
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	0	0	0	0
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	312,500	0	0	0

A-14

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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 ($)	Monthly Other Reserve ($)
					19	20	18	19	20	18	18	19
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	Springing	0	0	0	0	0	2,410,929	Springing
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	0	0	0	0	0	14,300	0	0
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	0	0	0	0	0	0	0	Springing
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	49,200	0	0	0	0	40,425	79,635	70,605
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	14,590	0	0	0	0	29,900	2,185,089	Springing
6	Loan	3, 16, 18	1	360 Bowery	Springing	0	0	0	0	0	2,520,833	0
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	Springing	0	0	0	0	0	11,894,867	Springing
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	Springing	0	0	0	0	8,250	500,000	0
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	0	0	0	0	0	7,150	0	0
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	948	0	0	0	0	10,500	608,000	0
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	Springing	435,227	0	0	0	0	0	0
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	0	0	0	0	0	270,625	0	0
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	0	0	0	0	0	15,000	1,500,000	0
14	Loan	16	1	224-228 8th Avenue	0	0	0	0	0	211,850	61,900	0
15	Loan	19, 23	1	The Village at Moorpark	9,235	0	0	0	0	0	79,214	0
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	Springing	250,000	0	0	0	0	0	0
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	Springing	1,000,000	0	0	0	0	84,982	0
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	0	0	0	0	0	0	57,000	0
19	Loan	2, 19, 27	1	Aloft Ponce	0	0	0	0	0	0	0	Springing
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	0	0	0	0	0	0	49,000	0
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	0	0	0	0	0	0	271,195	0
22	Loan		1	Old Orchard Shopping Center	5,896	0	0	0	0	76,063	0	0
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	51,000	2,448,000	0	0	0	0	0	0
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	0	0	0	0	0	0	145,000	Springing
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	0	0	0	0	0	0	35,000	0
26	Loan	16	1	Village at Riverstone	7,888	189,303	0	0	0	0	24,335	0
27	Loan	19, 27	1	1733 Bay Tower	Springing	250,000	0	0	0	21,875	0	0
28	Loan	2, 16, 19, 26	1	Hunter Quarry	0	0	0	0	0	26,910	0	Springing
29	Loan	10, 19, 26, 30	1	Chambers & Villard	0	0	0	0	0	0	27,000	0
30	Loan	4, 16, 22	1	Dublin Court Industrial	3,333	0	0	0	0	384,688	0	0
31	Loan	6, 12	2	Zidan Multifamily Portfolio	0	0	0	0	0	75,413	0	0
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	0	0	0	0	0	0	0	0
33	Loan	12	1	The Arches Apartments	407	0	0	0	0	34,688	0	0
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	158	0	0	0	0	0	0	0
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	0	0	0	0	0	0	0	0
36	Loan		1	Storage Xxtra Westridge	0	0	0	0	0	0	0	0
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	0	0	0	0	0	0	0	0
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	0	0	0	0	0	0	518,000	0
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	0	0	0	0	0	0	0	0
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	0	0	0	0	0	0	0	0
41	Loan		1	Birchleaf Apartments	0	0	0	0	0	24,975	0	0
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	0	0	0	0	0	0	75,000	0
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	0	0	0	0	0	0	0	0
44	Loan	13	1	FedEx Enid	Springing	0	0	0	0	0	0	0
45	Loan		1	290 East 56th Avenue	0	0	0	0	0	0	0	0
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	0	0	0	0	0	0	0	0
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	0	0	0	0	0	0	0	0
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	0	0	0	0	0	0	0	0
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	0	0	0	0	0	0	0	0
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	0	0	0	0	0	0	0	0
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	0	0	0	0	0	0	0	0
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	0	0	0	0	0	0	0	0
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	0	0	0	0	0	0	0	0
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	0	0	0	0	0	0	40,000	0
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	0	0	0	0	0	0	0	0
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	0	0	0	0	0	0	0	0
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	0	0	0	0	0	0	0	0
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	0	0	0	0	0	0	0	0
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	0	0	0	0	0	0	50,000	0
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	0	0	0	0	0	0	0	0
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	0	0	0	0	0	0	0	0
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	0	0	0	0	0	0	0	0
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	0	0	0	0	0	0	0	0

A-15

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Other Reserve Description	Other Reserve Cap ($)	Holdback/ Earnout Amount ($)
						20
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	Outstanding TI/LC Reserve (Upfront: $1,981,224), Gap Rent Reserve (Upfront: $429,705), Major Tenant Reserve (Monthly: Springing)	0	NAP
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN		0	NAP
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	FCB Free Rent Reserve	10,798,200	NAP
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	Grount Rent Funds (Upfront: $70,604.81, Monthly: $70,604.81); Material Tenant Funds (Monthly: Springing); Rent Concession Funds (Upfront: $9,030.00)	0	NAP
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	Rent Concession Funds (Upfront: $738,750.95); TATILC Funds (Upfront: $1,446,338.00); Condominium Funds ($0); Material Tenants Funds (Monthly: Springing)	0	NAP
6	Loan	3, 16, 18	1	360 Bowery	Ground Lease Reserve	0	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	Unfunded TI Obligations Reserve ($11,894,867), ST Payment (Springing)	0	NAP
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	Earnout Reserve	0	NAP
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg		0	NAP
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	421-a Reserve ($400,000); Commercial Rent Reserve ($108,000); ICAP Reserve ($100,000)	0	NAP
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio		0	NAP
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio		0	NAP
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	Renovation Reserve	0	NAP
14	Loan	16	1	224-228 8th Avenue	Façade Repair Reserve ($40,000), Free Rent Reserve ($21,900)	0	NAP
15	Loan	19, 23	1	The Village at Moorpark	Unfunded Tenant Obligations Reserve ($63,405); Free Rent Reserve ($15,809)	0	NAP
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue		0	NAP
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	Outstanding TI/LC Reserve	0	NAP
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	Static Insurance Reserve	0	NAP
19	Loan	2, 19, 27	1	Aloft Ponce	Hard Rock Funds (Springing); PIP Funds (Springing)	820,000	NAP
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	Static Insurance Reserve	0	NAP
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	421-a Reserve	0	NAP
22	Loan		1	Old Orchard Shopping Center		0	NAP
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets		0	NAP
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	Seasonality Reserve	0	NAP
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	Static Insurance Reserve	0	NAP
26	Loan	16	1	Village at Riverstone	Free Rent Reserve	0	NAP
27	Loan	19, 27	1	1733 Bay Tower		0	NAP
28	Loan	2, 16, 19, 26	1	Hunter Quarry	Lease Sweep Reserve	0	NAP
29	Loan	10, 19, 26, 30	1	Chambers & Villard	Static Insurance Reserve	0	NAP
30	Loan	4, 16, 22	1	Dublin Court Industrial		0	NAP
31	Loan	6, 12	2	Zidan Multifamily Portfolio		0	NAP
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.		0	NAP
33	Loan	12	1	The Arches Apartments		0	NAP
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue		0	NAP
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.		0	NAP
36	Loan		1	Storage Xxtra Westridge		0	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.		0	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	Collateral Security Agreement Re: Maintenance Arrears	0	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.		0	NAP
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.		0	NAP
41	Loan		1	Birchleaf Apartments		0	NAP
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	Collateral Security Agreement Re: Maintenance Arrears	0	NAP
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.		0	NAP
44	Loan	13	1	FedEx Enid		0	NAP
45	Loan		1	290 East 56th Avenue		0	NAP
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.		0	NAP
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.		0	NAP
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.		0	NAP
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.		0	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.		0	NAP
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.		0	NAP
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.		0	NAP
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.		0	NAP
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	Collateral Security Agreement Re: Maintenance Arrears	0	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.		0	NAP
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.		0	NAP
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.		0	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.		0	NAP
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	Collateral Security Agreement Re: Maintenance Arrears	0	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.		0	NAP
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.		0	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.		0	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.		0	NAP

A-16

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 ($)

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

NAP

Hard

Springing

Yes

65,000,000

115,000,000

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

NAP

Soft

Springing

Yes

65,000,000

78,000,000

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

NAP

Hard

Springing

Yes

59,000,000

13,950,000

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

NAP

Hard

Springing

Yes

NAP

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

NAP

Springing

Yes

tbd

45,000,000

90,000,000

Loan

3, 16, 18

360 Bowery

NAP

Springing

Yes

NAP

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

NAP

Hard

Springing

Yes

36,000,000

464,000,000

Loan

6, 12, 13, 21, 33

FedEx Portfolio

NAP

Hard

Springing

Yes

NAP

8.01

Property

FedEx New Stanton

8.02

Property

FedEx Athens

8.03

Property

FedEx Middleborough

8.04

Property

FedEx Cambridge

Loan

1, 3, 4, 31

UOVO Orangeburg

NAP

Soft

Springing

Yes

NAP

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

NAP

Springing

Yes

NAP

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

NAP

Hard

Springing

Yes

NAP

11.01

Property

Seatex - Rosenberg HQ

11.02

Property

Seatex - Rosenberg Plant

11.03

Property

Seatex - El Campo

11.04

Property

Seatex - Pasadena

Loan

HTI Houston Multifamily Portfolio

NAP

Springing

Yes

NAP

12.01

Property

Innsbruck-Lemoyne Apartments

12.02

Property

Timberline Forest Apartments

12.03

Property

Horizon Apartments

Loan

3, 18

Paramount Hotel Seattle

NAP

Hard

Springing

Yes

NAP

Loan

224-228 8th Avenue

NAP

Springing

Yes

NAP

Loan

19, 23

The Village at Moorpark

NAP

Springing

Yes

NAP

Loan

3, 16, 19, 27

3121 Ocean Avenue

NAP

Hard

Springing

Yes

NAP

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

NAP

Hard

Springing

Yes

19,956,546

45,900,055

Loan

10, 19, 26, 30

Michigan & Mitchell

NAP

Springing

Yes

NAP

Loan

2, 19, 27

Aloft Ponce

NAP

Hard

Springing

Yes

NAP

Loan

10, 19, 26, 30

Wells Street Portfolio

NAP

Springing

Yes

NAP

Loan

5, 16, 27

3001-3003 Grand Concourse

NAP

Springing

Yes

NAP

Loan

Old Orchard Shopping Center

NAP

Hard

Springing

Yes

NAP

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

NAP

Hard

Springing

Yes

13,250,000

81,750,000

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

NAP

Springing

Yes

NAP

24.01

Property

Daytona's Endless Summer Resort

24.02

Property

Sandy Oaks Mobile Home & RV Resort

Loan

10, 19, 26, 30

Hampton & Fond du Lac

NAP

Springing

Yes

NAP

Loan

Village at Riverstone

NAP

Springing

Yes

NAP

Loan

19, 27

1733 Bay Tower

NAP

Hard

Springing

Yes

NAP

Loan

2, 16, 19, 26

Hunter Quarry

NAP

Springing

Yes

NAP

Loan

10, 19, 26, 30

Chambers & Villard

NAP

Springing

Yes

NAP

Loan

4, 16, 22

Dublin Court Industrial

NAP

Springing

Yes

NAP

Loan

6, 12

Zidan Multifamily Portfolio

NAP

Springing

Yes

NAP

31.01

Property

The Quarter

31.02

Property

The Herweck

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

NAP

None

NAP

Loan

The Arches Apartments

NAP

Springing

Yes

NAP

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

NAP

Springing

Yes

NAP

Loan

5, 13, 16, 30

34-15 Properties Ltd.

NAP

None

NAP

Loan

Storage Xxtra Westridge

NAP

Springing

NAP

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

NAP

None

NAP

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

NAP

None

NAP

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

NAP

None

NAP

Loan

Birchleaf Apartments

NAP

Springing

Yes

NAP

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

NAP

None

NAP

Loan

FedEx Enid

NAP

Hard

Springing

Yes

NAP

Loan

290 East 56th Avenue

NAP

Springing

Yes

NAP

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

NAP

None

NAP

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

NAP

None

NAP

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

Hearth House Owners Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

7 Great Jones Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

50-21 Owners Ltd.

NAP

None

NAP

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

NAP

None

NAP

Loan

5, 13, 16, 30

241 West 108 Ltd.

NAP

None

NAP

Loan

5, 13, 16, 30

Waters at West End, Inc.

NAP

None

NAP

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

NAP

None

NAP

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

NAP

None

NAP

A-17

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)	Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)	Subordinate Companion Loan Cut-off Date Balance ($)	Subordinate Companion Loan Interest Rate	Whole Loan Cut-off Date Balance ($)	Whole Loan Monthly Debt Service ($)
					9	9				9
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	743,977.73	1,164,486.89	NAP	NAP	180,000,000	1,164,486.89
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	427,379.51	783,529.11	NAP	NAP	143,000,000	783,529.11
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	101,919.22	532,975.43	NAP	NAP	72,950,000	532,975.43
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	489,708.33	734,562.50	NAP	NAP	135,000,000	734,562.50
6	Loan	3, 16, 18	1	360 Bowery	NAP	NAP	NAP	NAP	NAP	NAP
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	2,333,956.85	2,515,039.71	NAP	NAP	500,000,000	2,515,039.71
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	NAP	NAP	NAP	NAP	NAP	NAP
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	NAP	NAP	NAP	NAP	NAP	NAP
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	NAP	NAP	NAP	NAP	NAP	NAP
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	NAP	NAP	NAP	NAP	NAP	NAP
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	NAP	NAP	NAP	NAP	NAP	NAP
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	NAP	NAP	NAP	NAP	NAP	NAP
14	Loan	16	1	224-228 8th Avenue	NAP	NAP	NAP	NAP	NAP	NAP
15	Loan	19, 23	1	The Village at Moorpark	NAP	NAP	NAP	NAP	NAP	NAP
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	NAP	NAP	NAP	NAP	NAP	NAP
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	301,050.87	431,942.56	NAP	NAP	65,856,600	431,942.56
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAP	NAP	NAP	NAP	NAP	NAP
19	Loan	2, 19, 27	1	Aloft Ponce	NAP	NAP	NAP	NAP	NAP	NAP
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAP	NAP	NAP	NAP	NAP	NAP
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	NAP	NAP	NAP	NAP	NAP	NAP
22	Loan		1	Old Orchard Shopping Center	NAP	NAP	NAP	NAP	NAP	NAP
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	462,500.63	537,462.50	NAP	NAP	95,000,000	537,462.50
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	NAP	NAP	NAP	NAP	NAP	NAP
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	NAP	NAP	NAP	NAP	NAP	NAP
26	Loan	16	1	Village at Riverstone	NAP	NAP	NAP	NAP	NAP	NAP
27	Loan	19, 27	1	1733 Bay Tower	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan	2, 16, 19, 26	1	Hunter Quarry	NAP	NAP	NAP	NAP	NAP	NAP
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAP	NAP	NAP	NAP	NAP	NAP
30	Loan	4, 16, 22	1	Dublin Court Industrial	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan	6, 12	2	Zidan Multifamily Portfolio	NAP	NAP	NAP	NAP	NAP	NAP
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	NAP	0	Greater of (A) 5.25% or (B) Prime Rate+0.25%	6,983,424	43,042.33
33	Loan	12	1	The Arches Apartments	NAP	NAP	NAP	NAP	NAP	NAP
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	NAP	NAP	NAP	NAP	NAP	NAP
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	NAP	0	Greater of (A) 5.50% or (B) Prime Rate	6,497,029	38,224.00
36	Loan		1	Storage Xxtra Westridge	NAP	NAP	NAP	NAP	NAP	NAP
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	NAP	NAP	0	Greater of (A) 5.00% or (B) Prime Rate	5,500,000	31,092.59
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	NAP	NAP	NAP	NAP	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	NAP	0	Greater of (A) 5.50% or (B) Prime Rate	5,096,783	32,607.50
41	Loan		1	Birchleaf Apartments	NAP	NAP	NAP	NAP	NAP	NAP
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	NAP	4,846	Greater of (A) 5.00% or (B) Prime Rate; 6.42%	4,907,466	28,735.25
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	NAP	NAP	NAP	NAP	NAP	NAP
44	Loan	13	1	FedEx Enid	NAP	NAP	NAP	NAP	NAP	NAP
45	Loan		1	290 East 56th Avenue	NAP	NAP	NAP	NAP	NAP	NAP
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	NAP	0	Greater of (A) 5.50% or (B) Prime Rate	3,474,122	20,235.91
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	NAP	0	Greater of (A) 5.00% or (B) Prime Rate	3,455,937	28,729.41
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	NAP	0	Greater of (A) 5.35% or (B) Prime Rate+0.25%	3,148,606	18,863.78
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	NAP	NAP	0	Greater of (A) 5.50% or (B) Prime Rate	2,900,000	16,711.42
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	NAP	0	Greater of (A) 5.00% or (B) Prime Rate+0.25%	3,000,000	19,240.49
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	NAP	0	Greater of (A) 5.00% or (B) Prime Rate	3,249,273	18,998.99
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	NAP	0	Greater of (A) 5.25% or (B) Prime Rate+0.25%	2,546,967	16,137.19
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	NAP	NAP	0	Greater of (A) 5.00% or (B) Prime Rate	2,340,000	13,121.75
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	NAP	0	Greater of (A) 5.50% or (B) Prime Rate	2,297,410	14,581.16
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	NAP	0	Greater of (A) 5.50% or (B) Prime Rate	2,099,611	12,764.04
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	NAP	NAP	NAP	NAP	NAP	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	NAP	12,000	Greater of (A) 5.50% or (B) Prime Rate	1,794,415	10,767.90
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	NAP	NAP	NAP	NAP	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	NAP	0	Greater of (A) 5.00% or (B) Prime Rate	1,998,084	13,087.57
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	NAP	NAP	NAP	NAP	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	NAP	NAP	NAP	NAP	NAP	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	NAP	NAP	NAP	NAP	NAP

A-18

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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)

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

52.4%

1.69

13.4%

NAP

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

60.9%

1.47

9.7%

NAP

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

61.8%

1.61

14.3%

NAP

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

NAP

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

58.4%

1.30

9.0%

NAP

Loan

3, 16, 18

360 Bowery

NAP

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

45.6%

2.35

14.4%

NAP

Yes

Loan

6, 12, 13, 21, 33

FedEx Portfolio

NAP

Yes

8.01

Property

FedEx New Stanton

8.02

Property

FedEx Athens

8.03

Property

FedEx Middleborough

8.04

Property

FedEx Cambridge

Loan

1, 3, 4, 31

UOVO Orangeburg

NAP

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

NAP

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

NAP

Yes

11.01

Property

Seatex - Rosenberg HQ

11.02

Property

Seatex - Rosenberg Plant

11.03

Property

Seatex - El Campo

11.04

Property

Seatex - Pasadena

Loan

HTI Houston Multifamily Portfolio

NAP

12.01

Property

Innsbruck-Lemoyne Apartments

12.02

Property

Timberline Forest Apartments

12.03

Property

Horizon Apartments

Loan

3, 18

Paramount Hotel Seattle

NAP

Loan

224-228 8th Avenue

NAP

Loan

19, 23

The Village at Moorpark

NAP

Loan

3, 16, 19, 27

3121 Ocean Avenue

NAP

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

60.4%

1.72

14.2%

NAP

Loan

10, 19, 26, 30

Michigan & Mitchell

NAP

Loan

2, 19, 27

Aloft Ponce

NAP

Loan

10, 19, 26, 30

Wells Street Portfolio

NAP

Loan

5, 16, 27

3001-3003 Grand Concourse

NAP

Loan

Old Orchard Shopping Center

NAP

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

47.0%

2.01

14.3%

NAP

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

NAP

24.01

Property

Daytona's Endless Summer Resort

24.02

Property

Sandy Oaks Mobile Home & RV Resort

Loan

10, 19, 26, 30

Hampton & Fond du Lac

NAP

Loan

Village at Riverstone

NAP

Loan

19, 27

1733 Bay Tower

NAP

Loan

2, 16, 19, 26

Hunter Quarry

NAP

Loan

10, 19, 26, 30

Chambers & Villard

NAP

Loan

4, 16, 22

Dublin Court Industrial

NAP

Loan

6, 12

Zidan Multifamily Portfolio

NAP

31.01

Property

The Quarter

31.02

Property

The Herweck

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

11.2%

9.15

68.7%

NAP

Yes

Loan

The Arches Apartments

NAP

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

NAP

Yes

Loan

5, 13, 16, 30

34-15 Properties Ltd.

10.2%

6.65

47.7%

NAP

Yes

Loan

Storage Xxtra Westridge

NAP

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

5.5%

9.64

65.8%

NAP

Yes

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

NAP

Yes

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

NAP

Yes

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

7.1%

6.44

50.3%

NAP

Yes

Loan

Birchleaf Apartments

NAP

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

35.5%

2.56

18.4%

NAP

Yes

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

NAP

Yes

Loan

FedEx Enid

NAP

Yes

Loan

290 East 56th Avenue

NAP

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

37.4%

2.58

18.5%

NAP

Yes

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

10.9%

5.94

60.5%

NAP

Yes

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

29.4%

3.34

24.5%

NAP

Yes

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

6.9%

12.30

85.3%

NAP

Yes

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

17.2%

4.36

34.2%

NAP

Yes

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

20.7%

5.86

41.5%

NAP

Yes

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

4.6%

13.92

106.3%

NAP

Yes

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

6.8%

11.42

78.9%

NAP

Yes

Loan

5, 13, 16, 30

Hearth House Owners Corp.

NAP

Yes

Loan

5, 13, 16, 30

7 Great Jones Corp.

12.2%

5.89

45.5%

NAP

Yes

Loan

5, 13, 16, 30

50-21 Owners Ltd.

13.8%

4.96

36.6%

NAP

Yes

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

NAP

Yes

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

5.7%

6.27

45.4%

NAP

Yes

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

NAP

Yes

Loan

5, 13, 16, 30

241 West 108 Ltd.

4.8%

7.67

60.9%

NAP

Yes

Loan

5, 13, 16, 30

Waters at West End, Inc.

NAP

Yes

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

NAP

Yes

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

NAP

Yes

A-19

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Future Debt Permitted Type	Sponsor
					13
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	NAP	Simon Property Group, L.P. and Institutional Mall Investors LLC
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	NAP	Steven J. Guttman
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	NAP	Richard Chera
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	NAP	AGC Equity Partners Holding Ltd.
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	NAP	Joseph Cayre
6	Loan	3, 16, 18	1	360 Bowery	NAP	Eric Goode
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	Future Mezzanine Loan	Fisher Brothers and Alaska Permanent Fund Corporation
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	Future Mezzanine Loan	Jeno Guttmann and Moises J. Mizrahi
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	NAP	Steven J. Guttman
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	NAP	Martin Joseph, Rakesh Kumar and Vijay Gogia
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	Future Mezzanine Loan	TPG Angelo Gordon Net Lease, AG Net Lease Realty Fund V REIT LLC and AG Net Lease Realty Fund V Investments (H-1), L.P.
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	NAP	Gary W. Gates, Jr.
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	NAP	Michael Bashaw and Matthew Olson
14	Loan	16	1	224-228 8th Avenue	NAP	Alfred Sabetfard
15	Loan	19, 23	1	The Village at Moorpark	NAP	Michael Chesser
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	NAP	Aleksandr Finkelshteyn and Igor Sobolevsky
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	NAP	CBL & Associates Limited Partnership and Horizon Group Properties, Inc.
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	NAP	Youssef Berrada
19	Loan	2, 19, 27	1	Aloft Ponce	NAP	Joel Rodriguez Rivera
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	NAP	Youssef Berrada
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	NAP	Arben Mitaj and Ermal Lumaj
22	Loan		1	Old Orchard Shopping Center	NAP	Mackenzie REIT, Inc. and Berniece Patterson
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	NAP	Simon Property Group, L.P.
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	NAP	Alexander G. Stewart and Hugh Stewart
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	NAP	Youssef Berrada
26	Loan	16	1	Village at Riverstone	NAP	Dan Fast
27	Loan	19, 27	1	1733 Bay Tower	NAP	Aleksandr Finkelshteyn and Igor Sobolevsky
28	Loan	2, 16, 19, 26	1	Hunter Quarry	NAP	Samuel Okner, Atied Associates, LLC and Debra J. Okner Real Estate Trust
29	Loan	10, 19, 26, 30	1	Chambers & Villard	NAP	Youssef Berrada
30	Loan	4, 16, 22	1	Dublin Court Industrial	NAP	Eurydice Investments L.P. and Jacobo Waisburd
31	Loan	6, 12	2	Zidan Multifamily Portfolio	NAP	Omar Zidan
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
33	Loan	12	1	The Arches Apartments	NAP	Omar Zidan
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	Future Mezzanine Loan	Yoel Schwartz and Joseph Waldman
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
36	Loan		1	Storage Xxtra Westridge	NAP	Fred D. Rickman, Jr., Tracy E.D. Spencer and Fred D. Rickman, Jr. Revocable Trust Dated October 24, 2019, As Amended
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	Unsecured allowed but requires Lender Consent if >$350,000	NAP
41	Loan		1	Birchleaf Apartments	NAP	Omar Zidan
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
44	Loan	13	1	FedEx Enid	Future Mezzanine Loan	Moises J. Mizrahi
45	Loan		1	290 East 56th Avenue	NAP	Elaine S. Baker
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	Unsecured allowed but requires Lender Consent if >$250,000	NAP
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	Unsecured allowed but requires Lender Consent if >$250,000	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	Unsecured allowed but requires Lender Consent if >$250,000	NAP
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	Unsecured allowed but requires Lender Consent if >$250,000	NAP
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	Unsecured allowed but requires Lender Consent if >$150,000	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	Unsecured allowed but requires Lender Consent if >$100,000	NAP
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	Unsecured allowed but requires Lender Consent if >$350,000	NAP
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	Unsecured allowed but requires Lender Consent if >$350,000	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	Unsecured allowed but requires Lender Consent if >$50,000	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	Unsecured allowed but requires Lender Consent if >$400,000	NAP
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	Unsecured allowed but requires Lender Consent if >$500,000	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	Unsecured allowed but requires Lender Consent if >$50,000	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	Unsecured allowed but requires Lender Consent if >$100,000	NAP

A-20

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Non-Recourse Carveout Guarantor	Delaware Statutory Trust (Y/N)	Tenants-in-common (Y/N)	Loan Purpose
					24		33
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	Simon Property Group, L.P.	No	No	Refinance
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	Steven J. Guttman	No	No	Refinance
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	Richard Chera	No	Yes	Acquisition
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	HONCRE1 Cayman Holding Limited	No	No	Acquisition
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	Joseph Cayre	No	No	Refinance
6	Loan	3, 16, 18	1	360 Bowery	Eric Goode	No	No	Refinance
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	NAP	No	No	Refinance
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio	Jeno Guttmann and Moises J. Mizrahi	No	Yes	Refinance
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	Steven J. Guttman	No	No	Refinance
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	Martin Joseph, Rakesh Kumar and Vijay Gogia	No	No	Refinance
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio	AG Net Lease Realty Fund V REIT LLC and AG Net Lease Realty Fund V Investments (H-1), L.P.	No	No	Recapitalization
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio	Gary W. Gates, Jr.	No	No	Refinance
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle	Michael Bashaw and Matthew Olson	No	No	Refinance
14	Loan	16	1	224-228 8th Avenue	Alfred Sabetfard	No	No	Refinance
15	Loan	19, 23	1	The Village at Moorpark	Michael Chesser	No	No	Refinance
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	Aleksandr Finkelshteyn and Igor Sobolevsky	No	No	Refinance
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	CBL & Associates Limited Partnership and Horizon Group Properties, Inc.	No	No	Refinance
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	Youssef Berrada	No	No	Refinance
19	Loan	2, 19, 27	1	Aloft Ponce	Joel Rodriguez Rivera	No	No	Refinance
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	Youssef Berrada	No	No	Refinance
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	Arben Mitaj and Ermal Lumaj	No	No	Refinance
22	Loan		1	Old Orchard Shopping Center	Mackenzie REIT, Inc. and Berniece Patterson	No	No	Refinance
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	Simon Property Group, L.P. and LSG Enterprises LLC	No	No	Refinance
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio	Alexander G. Stewart and Hugh Stewart	No	No	Refinance
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	Youssef Berrada	No	No	Refinance
26	Loan	16	1	Village at Riverstone	Dan Fast	No	No	Acquisition
27	Loan	19, 27	1	1733 Bay Tower	Aleksandr Finkelshteyn and Igor Sobolevsky	No	No	Refinance
28	Loan	2, 16, 19, 26	1	Hunter Quarry	Samuel Okner, Atied Associates, LLC and Debra J. Okner Real Estate Trust	No	No	Refinance
29	Loan	10, 19, 26, 30	1	Chambers & Villard	Youssef Berrada	No	No	Refinance
30	Loan	4, 16, 22	1	Dublin Court Industrial	Eurydice Investments L.P. and Jacobo Waisburd	No	No	Refinance
31	Loan	6, 12	2	Zidan Multifamily Portfolio	Omar Zidan	No	No	Acquisition
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	NAP	No	No	Refinance
33	Loan	12	1	The Arches Apartments	Omar Zidan	No	No	Acquisition
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	Yoel Schwartz and Joseph Waldman	No	No	Refinance
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	NAP	No	No	Refinance
36	Loan		1	Storage Xxtra Westridge	Fred D. Rickman, Jr., Tracy E.D. Spencer and Fred D. Rickman, Jr. Revocable Trust Dated October 24, 2019, As Amended	No	No	Refinance
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	NAP	No	No	Refinance
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	NAP	No	No	Recapitalization
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	NAP	No	No	Refinance
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	NAP	No	No	Refinance
41	Loan		1	Birchleaf Apartments	Omar Zidan	No	No	Acquisition
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	NAP	No	No	Refinance
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	NAP	No	No	Refinance
44	Loan	13	1	FedEx Enid	Moises J. Mizrahi	No	No	Refinance
45	Loan		1	290 East 56th Avenue	Elaine S. Baker	No	No	Refinance
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	NAP	No	No	Refinance
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	NAP	No	No	Refinance
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	NAP	No	No	Refinance
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	NAP	No	No	Refinance
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	NAP	No	No	Refinance
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	NAP	No	No	Refinance
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	NAP	No	No	Refinance
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	NAP	No	No	Refinance
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	NAP	No	No	Refinance
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	NAP	No	No	Refinance
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	NAP	No	No	Refinance
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	NAP	No	No	Refinance
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	NAP	No	No	Refinance
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	NAP	No	No	Refinance
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	NAP	No	No	Recapitalization
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	NAP	No	No	Refinance
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	NAP	No	No	Refinance
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	NAP	No	No	Refinance

A-21

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	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 ($)	Uses: Closing Costs ($)
					29
1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo	No	180,000,000	106,843,216	0	0	286,843,216	282,626,868	0	1,805,418
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN	No	143,000,000	0	0	0	143,000,000	75,832,056	0	3,005,619
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble	No	72,950,000	46,434,209	0	0	119,384,209	0	118,500,000	750,638
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place	No	46,575,000	27,093,423	0	0	73,668,423	0	69,000,000	3,436,393
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue	No	135,000,000	7,129,601	0	0	142,129,601	102,289,129	0	7,704,988
6	Loan	3, 16, 18	1	360 Bowery	No	40,000,000	0	0	0	40,000,000	30,112,800	0	662,565
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue	No	500,000,000	0	0	7,672,723	507,672,723	389,667,506	0	11,070,442
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio		36,000,000	628,859	0	0	36,628,859	35,350,691	0	749,476
8.01	Property		1	FedEx New Stanton	No
8.02	Property		1	FedEx Athens	No
8.03	Property		1	FedEx Middleborough	No
8.04	Property		1	FedEx Cambridge	No
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg	No	35,000,000	0	0	0	35,000,000	13,192,869	0	870,601
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue	Yes	33,250,000	0	0	0	33,250,000	27,994,447	0	913,467
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio		28,925,000	0	0	0	28,925,000	0	0	785,200
11.01	Property		1	Seatex - Rosenberg HQ	No
11.02	Property		1	Seatex - Rosenberg Plant	No
11.03	Property		1	Seatex - El Campo	No
11.04	Property		1	Seatex - Pasadena	No
12	Loan	6	3	HTI Houston Multifamily Portfolio		25,300,000	0	0	0	25,300,000	18,564,332	0	1,093,855
12.01	Property		1	Innsbruck-Lemoyne Apartments	No
12.02	Property		1	Timberline Forest Apartments	No
12.03	Property		1	Horizon Apartments	No
13	Loan	3, 18	1	Paramount Hotel Seattle	No	25,000,000	513,191	0	0	25,513,191	23,576,973	0	286,218
14	Loan	16	1	224-228 8th Avenue	No	25,000,000	0	0	0	25,000,000	11,137,440	0	719,060
15	Loan	19, 23	1	The Village at Moorpark	No	23,975,000	853,496	0	0	24,828,496	24,231,973	0	511,183
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue	No
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass	No
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell	No
19	Loan	2, 19, 27	1	Aloft Ponce	No
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio	No
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse	No
22	Loan		1	Old Orchard Shopping Center	No
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets	No
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio
24.01	Property		1	Daytona's Endless Summer Resort	No
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort	No
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac	No
26	Loan	16	1	Village at Riverstone	No
27	Loan	19, 27	1	1733 Bay Tower	No
28	Loan	2, 16, 19, 26	1	Hunter Quarry	No
29	Loan	10, 19, 26, 30	1	Chambers & Villard	No
30	Loan	4, 16, 22	1	Dublin Court Industrial	No
31	Loan	6, 12	2	Zidan Multifamily Portfolio
31.01	Property		1	The Quarter	No
31.02	Property		1	The Herweck	No
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	No
33	Loan	12	1	The Arches Apartments	No
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue	No
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	No
36	Loan		1	Storage Xxtra Westridge	No
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	No
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	No
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	No
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	No
41	Loan		1	Birchleaf Apartments	No
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	No
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	No
44	Loan	13	1	FedEx Enid	No
45	Loan		1	290 East 56th Avenue	No
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	No
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	No
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	No
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	No
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	No
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	No
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	No
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	No
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	No
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	No
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	No
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	No
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	No
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	No
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	No
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	No
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	No
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	No

A-22

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

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 ($)

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

2,410,929

286,843,216

NAP

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

197,588

63,964,738

143,000,000

NAP

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

133,571

119,384,209

NAP

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

1,232,030

73,668,423

NAP

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

2,427,765

29,707,719

142,129,601

NAP

Loan

3, 16, 18

360 Bowery

2,520,833

6,703,802

40,000,000

NAP

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

11,894,867

95,039,909

507,672,723

NAP

Loan

6, 12, 13, 21, 33

FedEx Portfolio

528,692

36,628,859

NAP

8.01

Property

FedEx New Stanton

NAP

8.02

Property

FedEx Athens

NAP

8.03

Property

FedEx Middleborough

NAP

8.04

Property

FedEx Cambridge

NAP

Loan

1, 3, 4, 31

UOVO Orangeburg

91,461

20,845,068

35,000,000

NAP

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

918,630

3,423,457

33,250,000

NAP

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

28,139,800

28,925,000

NAP

11.01

Property

Seatex - Rosenberg HQ

NAP

11.02

Property

Seatex - Rosenberg Plant

NAP

11.03

Property

Seatex - El Campo

NAP

11.04

Property

Seatex - Pasadena

NAP

Loan

HTI Houston Multifamily Portfolio

367,134

5,274,679

25,300,000

NAP

12.01

Property

Innsbruck-Lemoyne Apartments

NAP

12.02

Property

Timberline Forest Apartments

NAP

12.03

Property

Horizon Apartments

NAP

Loan

3, 18

Paramount Hotel Seattle

1,650,000

25,513,191

NAP

214.94

182.49

84.9%

214.94

182.49

84.9%

207.04

Loan

224-228 8th Avenue

373,363

12,770,137

25,000,000

NAP

Loan

19, 23

The Village at Moorpark

85,340

24,828,496

NAP

Loan

3, 16, 19, 27

3121 Ocean Avenue

NAP

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

NAP

Loan

10, 19, 26, 30

Michigan & Mitchell

NAP

Loan

2, 19, 27

Aloft Ponce

4/14/2031

178.36

107.83

60.5%

178.36

107.83

60.5%

177.30

Loan

10, 19, 26, 30

Wells Street Portfolio

NAP

Loan

5, 16, 27

3001-3003 Grand Concourse

NAP

Loan

Old Orchard Shopping Center

NAP

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

NAP

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

NAP

24.01

Property

Daytona's Endless Summer Resort

NAP

24.02

Property

Sandy Oaks Mobile Home & RV Resort

NAP

Loan

10, 19, 26, 30

Hampton & Fond du Lac

NAP

Loan

Village at Riverstone

NAP

Loan

19, 27

1733 Bay Tower

NAP

Loan

2, 16, 19, 26

Hunter Quarry

NAP

Loan

10, 19, 26, 30

Chambers & Villard

NAP

Loan

4, 16, 22

Dublin Court Industrial

NAP

Loan

6, 12

Zidan Multifamily Portfolio

NAP

31.01

Property

The Quarter

NAP

31.02

Property

The Herweck

NAP

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

NAP

Loan

The Arches Apartments

NAP

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

NAP

Loan

5, 13, 16, 30

34-15 Properties Ltd.

NAP

Loan

Storage Xxtra Westridge

NAP

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

NAP

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

NAP

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

NAP

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

NAP

Loan

Birchleaf Apartments

NAP

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

NAP

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

NAP

Loan

FedEx Enid

NAP

Loan

290 East 56th Avenue

NAP

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

NAP

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

NAP

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

NAP

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

NAP

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

NAP

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

NAP

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

NAP

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

NAP

Loan

5, 13, 16, 30

Hearth House Owners Corp.

NAP

Loan

5, 13, 16, 30

7 Great Jones Corp.

NAP

Loan

5, 13, 16, 30

50-21 Owners Ltd.

NAP

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

NAP

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

NAP

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

NAP

Loan

5, 13, 16, 30

241 West 108 Ltd.

NAP

Loan

5, 13, 16, 30

Waters at West End, Inc.

NAP

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

NAP

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

NAP

A-23

BMO 2025-C11

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Second Most Recent RevPAR ($)

Second Most Recent Hotel Occupancy (%)

Third Most Recent ADR ($)

Third Most Recent RevPAR ($)

Third Most Recent Hotel Occupancy (%)

Coop - Committed Secondary Debt

Coop - Rental Value

Coop - LTV as Rental

Coop - Unsold Percent

Loan

1, 7, 12, 19, 24

Shops at Mission Viejo

NAP

Loan

1, 3, 4, 7, 12, 27

UOVO QPN

NAP

Loan

7, 12, 16, 19, 20, 23, 26, 33

340 Mt Kemble

NAP

Loan

4, 15, 17, 19, 24, 27

Ali'i Place

NAP

Loan

2, 7, 12, 19, 24

29-33 Ninth Avenue

NAP

Loan

3, 16, 18

360 Bowery

NAP

Loan

1, 4, 7, 13, 17, 21, 24, 30

299 Park Avenue

NAP

Loan

6, 12, 13, 21, 33

FedEx Portfolio

NAP

8.01

Property

FedEx New Stanton

NAP

8.02

Property

FedEx Athens

NAP

8.03

Property

FedEx Middleborough

NAP

8.04

Property

FedEx Cambridge

NAP

Loan

1, 3, 4, 31

UOVO Orangeburg

NAP

Loan

3, 4, 16, 27, 28, 29

2481 Crotona Avenue

NAP

Loan

5, 6, 12, 13, 16, 19

Seatex Portfolio

NAP

11.01

Property

Seatex - Rosenberg HQ

NAP

11.02

Property

Seatex - Rosenberg Plant

NAP

11.03

Property

Seatex - El Campo

NAP

11.04

Property

Seatex - Pasadena

NAP

Loan

HTI Houston Multifamily Portfolio

NAP

12.01

Property

Innsbruck-Lemoyne Apartments

NAP

12.02

Property

Timberline Forest Apartments

NAP

12.03

Property

Horizon Apartments

NAP

Loan

3, 18

Paramount Hotel Seattle

175.03

84.5%

198.50

151.06

76.1%

Loan

224-228 8th Avenue

NAP

Loan

19, 23

The Village at Moorpark

NAP

Loan

3, 16, 19, 27

3121 Ocean Avenue

NAP

Loan

2, 7, 23

Outlet Shoppes of the Bluegrass

NAP

Loan

10, 19, 26, 30

Michigan & Mitchell

NAP

Loan

2, 19, 27

Aloft Ponce

96.20

54.3%

174.10

89.63

51.5%

Loan

10, 19, 26, 30

Wells Street Portfolio

NAP

Loan

5, 16, 27

3001-3003 Grand Concourse

NAP

Loan

Old Orchard Shopping Center

NAP

Loan

1, 7, 19, 20

Twin Cities Premium Outlets

NAP

Loan

2, 6, 19

Central Florida MHC / RV Portfolio

NAP

24.01

Property

Daytona's Endless Summer Resort

NAP

24.02

Property

Sandy Oaks Mobile Home & RV Resort

NAP

Loan

10, 19, 26, 30

Hampton & Fond du Lac

NAP

Loan

Village at Riverstone

NAP

Loan

19, 27

1733 Bay Tower

NAP

Loan

2, 16, 19, 26

Hunter Quarry

NAP

Loan

10, 19, 26, 30

Chambers & Villard

NAP

Loan

4, 16, 22

Dublin Court Industrial

NAP

Loan

6, 12

Zidan Multifamily Portfolio

NAP

31.01

Property

The Quarter

NAP

31.02

Property

The Herweck

NAP

Loan

5, 13, 16, 30

Shore Terrace Cooperative, Inc.

NAP

500,000

72,700,000

8.9%

0.0%

Loan

The Arches Apartments

NAP

Loan

3, 13, 16, 27, 30

1014 Ogden Avenue

NAP

Loan

5, 13, 16, 30

34-15 Properties Ltd.

NAP

1,000,000

55,500,000

9.9%

14.4%

Loan

Storage Xxtra Westridge

NAP

Loan

5, 13, 16, 30

510 East 86th Street Owners, Inc.

NAP

500,000

68,500,000

7.3%

0.0%

Loan

5, 13, 16, 30

800 Grand Concourse Owners, Inc.

NAP

63,600,000

7.8%

0.8%

Loan

5, 13, 16, 30

Sherbrooke Smithtown Owners Corp.

NAP

17,100,000

28.1%

6.3%

Loan

5, 13, 16, 30

37-31 73rd Street Owners Corp.

NAP

500,000

48,000,000

9.6%

5.8%

Loan

Birchleaf Apartments

NAP

Loan

5, 13, 16, 30

1040 Neilson Street Owners Corp.

NAP

500,000

15,400,000

28.6%

42.9%

Loan

5, 13, 16, 30

Jefferson Avenue Owners' Corp.

NAP

35,800,000

11.9%

21.7%

Loan

FedEx Enid

NAP

Loan

290 East 56th Avenue

NAP

Loan

5, 13, 16, 30

100 Randall Avenue Owners Corp.

NAP

250,000

10,000,000

32.2%

2.3%

Loan

5, 13, 16, 30

6035 Broadway Owners Corp.

NAP

250,000

34,200,000

9.4%

5.8%

Loan

5, 13, 16, 30

Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.

NAP

250,000

11,600,000

25.0%

24.1%

Loan

5, 13, 16, 30

620 Broadway Housing Corp.

NAP

200,000

42,100,000

6.4%

0.0%

Loan

5, 13, 16, 30

3210 Arlington Ave. Owners Corp.

NAP

500,000

16,800,000

14.9%

3.0%

Loan

5, 13, 16, 30

109-111 N. Broadway Apt. Corp.

NAP

750,000

21,400,000

11.7%

0.0%

Loan

5, 13, 16, 30

Grand Street Artists Cooperative, Inc.

NAP

500,000

46,900,000

4.4%

0.0%

Loan

5, 13, 16, 30

Westminster Hall Apartments Corp.

NAP

300,000

31,300,000

6.5%

7.4%

Loan

5, 13, 16, 30

Hearth House Owners Corp.

NAP

14,600,000

13.7%

0.0%

Loan

5, 13, 16, 30

7 Great Jones Corp.

NAP

500,000

18,700,000

9.6%

0.0%

Loan

5, 13, 16, 30

50-21 Owners Ltd.

NAP

350,000

11,700,000

15.0%

12.0%

Loan

5, 13, 16, 30

24-26 East 82nd Street Tenants Corp.

NAP

12,600,000

13.1%

0.0%

Loan

5, 13, 16, 30

Charles St. Tenants Corp.

NAP

250,000

13,000,000

11.9%

0.0%

Loan

5, 13, 16, 30

302 Convent Avenue Housing Development Fund Corporation

NAP

20,100,000

7.5%

0.0%

Loan

5, 13, 16, 30

241 West 108 Ltd.

NAP

500,000

20,100,000

7.5%

2.8%

Loan

5, 13, 16, 30

Waters at West End, Inc.

NAP

13,800,000

7.8%

0.0%

Loan

5, 13, 16, 30

58 Grace Avenue Corp.

NAP

10,300,000

9.7%

0.0%

Loan

5, 13, 16, 30

205 Bleeker St. Owners Corp.

NAP

11,800,000

8.5%

39.1%

A-24

BMO 2025-C11

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Coop - Sponsor Units	Coop - Investor Units	Coop - Coop Units	Coop - Sponsor/Investor Carry

1	Loan	1, 7, 12, 19, 24	1	Shops at Mission Viejo
2	Loan	1, 3, 4, 7, 12, 27	1	UOVO QPN
3	Loan	7, 12, 16, 19, 20, 23, 26, 33	1	340 Mt Kemble
4	Loan	4, 15, 17, 19, 24, 27	1	Ali'i Place
5	Loan	2, 7, 12, 19, 24	1	29-33 Ninth Avenue
6	Loan	3, 16, 18	1	360 Bowery
7	Loan	1, 4, 7, 13, 17, 21, 24, 30	1	299 Park Avenue
8	Loan	6, 12, 13, 21, 33	4	FedEx Portfolio
8.01	Property		1	FedEx New Stanton
8.02	Property		1	FedEx Athens
8.03	Property		1	FedEx Middleborough
8.04	Property		1	FedEx Cambridge
9	Loan	1, 3, 4, 31	1	UOVO Orangeburg
10	Loan	3, 4, 16, 27, 28, 29	1	2481 Crotona Avenue
11	Loan	5, 6, 12, 13, 16, 19	4	Seatex Portfolio
11.01	Property		1	Seatex - Rosenberg HQ
11.02	Property		1	Seatex - Rosenberg Plant
11.03	Property		1	Seatex - El Campo
11.04	Property		1	Seatex - Pasadena
12	Loan	6	3	HTI Houston Multifamily Portfolio
12.01	Property		1	Innsbruck-Lemoyne Apartments
12.02	Property		1	Timberline Forest Apartments
12.03	Property		1	Horizon Apartments
13	Loan	3, 18	1	Paramount Hotel Seattle
14	Loan	16	1	224-228 8th Avenue
15	Loan	19, 23	1	The Village at Moorpark
16	Loan	3, 16, 19, 27	1	3121 Ocean Avenue
17	Loan	2, 7, 23	1	Outlet Shoppes of the Bluegrass
18	Loan	10, 19, 26, 30	1	Michigan & Mitchell
19	Loan	2, 19, 27	1	Aloft Ponce
20	Loan	10, 19, 26, 30	1	Wells Street Portfolio
21	Loan	5, 16, 27	1	3001-3003 Grand Concourse
22	Loan		1	Old Orchard Shopping Center
23	Loan	1, 7, 19, 20	1	Twin Cities Premium Outlets
24	Loan	2, 6, 19	2	Central Florida MHC / RV Portfolio
24.01	Property		1	Daytona's Endless Summer Resort
24.02	Property		1	Sandy Oaks Mobile Home & RV Resort
25	Loan	10, 19, 26, 30	1	Hampton & Fond du Lac
26	Loan	16	1	Village at Riverstone
27	Loan	19, 27	1	1733 Bay Tower
28	Loan	2, 16, 19, 26	1	Hunter Quarry
29	Loan	10, 19, 26, 30	1	Chambers & Villard
30	Loan	4, 16, 22	1	Dublin Court Industrial
31	Loan	6, 12	2	Zidan Multifamily Portfolio
31.01	Property		1	The Quarter
31.02	Property		1	The Herweck
32	Loan	5, 13, 16, 30	1	Shore Terrace Cooperative, Inc.	0	0	0	NAP
33	Loan	12	1	The Arches Apartments
34	Loan	3, 13, 16, 27, 30	1	1014 Ogden Avenue
35	Loan	5, 13, 16, 30	1	34-15 Properties Ltd.	0	19	4	NAV
36	Loan		1	Storage Xxtra Westridge
37	Loan	5, 13, 16, 30	1	510 East 86th Street Owners, Inc.	0	0	0	NAP
38	Loan	5, 13, 16, 30	1	800 Grand Concourse Owners, Inc.	0	0	2	NAP
39	Loan	5, 13, 16, 30	1	Sherbrooke Smithtown Owners Corp.	3	0	0	-8,681
40	Loan	5, 13, 16, 30	1	37-31 73rd Street Owners Corp.	0	0	9	NAP
41	Loan		1	Birchleaf Apartments
42	Loan	5, 13, 16, 30	1	1040 Neilson Street Owners Corp.	36	0	0	309,091
43	Loan	5, 13, 16, 30	1	Jefferson Avenue Owners' Corp.	26	0	0	93,686
44	Loan	13	1	FedEx Enid
45	Loan		1	290 East 56th Avenue
46	Loan	5, 13, 16, 30	1	100 Randall Avenue Owners Corp.	1	0	0	1,245
47	Loan	5, 13, 16, 30	1	6035 Broadway Owners Corp.	5	0	1	-2,801
48	Loan	5, 13, 16, 30	1	Netherland Gardens Owners, Inc. a/k/a Netherland Gardens Owners Inc.	13	0	1	77,432
49	Loan	5, 13, 16, 30	1	620 Broadway Housing Corp.	0	0	0	NAP
50	Loan	5, 13, 16, 30	1	3210 Arlington Ave. Owners Corp.	2	0	0	NAV
51	Loan	5, 13, 16, 30	1	109-111 N. Broadway Apt. Corp.	0	0	0	NAP
52	Loan	5, 13, 16, 30	1	Grand Street Artists Cooperative, Inc.	0	0	0	NAP
53	Loan	5, 13, 16, 30	1	Westminster Hall Apartments Corp.	7	0	0	21,079
54	Loan	5, 13, 16, 30	1	Hearth House Owners Corp.	0	0	0	NAP
55	Loan	5, 13, 16, 30	1	7 Great Jones Corp.	0	0	0	NAP
56	Loan	5, 13, 16, 30	1	50-21 Owners Ltd.	4	2	0	-2074.8 for 2 units, NAV for 4 unit
57	Loan	5, 13, 16, 30	1	24-26 East 82nd Street Tenants Corp.	0	0	0	NAP
58	Loan	5, 13, 16, 30	1	Charles St. Tenants Corp.	0	0	0	NAP
59	Loan	5, 13, 16, 30	1	302 Convent Avenue Housing Development Fund Corporation	0	0	0	NAP
60	Loan	5, 13, 16, 30	1	241 West 108 Ltd.	0	1	0	0
61	Loan	5, 13, 16, 30	1	Waters at West End, Inc.	0	0	0	NAP
62	Loan	5, 13, 16, 30	1	58 Grace Avenue Corp.	0	0	0	NAP
63	Loan	5, 13, 16, 30	1	205 Bleeker St. Owners Corp.	9	0	0	360,769

A-25

Footnotes to Annex A

(1)	“BMO” denotes Bank of Montreal as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller, “SGFC” denotes Société Générale Financial Corporation as Mortgage Loan Seller, “GSMC” denotes Goldman Sachs Mortgage Company as Mortgage Loan Seller, “GACC” denotes German American Capital Corporation as Mortgage Loan Seller, “Barclays” denotes Barclays Capital Real Estate Inc. as Mortgage Loan Seller, “Natixis” denotes Natixis Real Estate Capital LLC as Mortgage Loan Seller, “GCMC” denotes Greystone Commercial Mortgage Capital LLC as Mortgage Loan Seller, “NCB” denotes National Cooperative Bank, N.A. as Mortgage Loan Seller, “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller, and “LCM” denotes LoanCore Capital Markets LLC as Mortgage Loan Seller. With respect to Loan No. 1, Shops at Mission Viejo, the mortgage loan is part of a whole loan that was co-originated by Barclays, SGFC and CREFI. With respect to Loan No. 2, UOVO QPN, the mortgage loan is part of a whole loan that was originated by BMO. A portion of such mortgage loan was subsequently acquired by Deutsche Bank AG, New York Branch (“DBNY”), an affiliate of GACC. With respect to Loan No. 7, 299 Park Avenue, the mortgage loan is part of a whole loan that was co-originated by CREFI and JPMorgan Chase Bank, National Association. With respect to Loan No. 9, UOVO Orangeburg, the mortgage loan was originated by BMO. A portion of such mortgage loan was subsequently acquired by DBNY. With respect to Loan No. 23, Twin Cities Premium Outlets, the mortgage loan is part of a whole loan that was co-originated by Natixis and Bank of America, N.A.

(2)	With respect to Loan No. 5, 29-33 Ninth Avenue, the mortgaged property is an 87,537 square foot multi-level commercial and retail condominium. The mortgaged property is 100% leased by four tenants. The Largest Tenant, Soho House New York LLC, occupies 12,675 square feet of retail space on the second floor as well as 57,309 square feet of commercial space on the ground floor, 3rd floor, 4th floor, 5th floor, 6th floor, cellar and roof (totaling 69,984 square feet) pursuant to two separate leases, one for the retail space and one for the commercial space. With respect to Loan No, 17, Outlet Shoppes of the Bluegrass, the Fifth Largest Tenant, Under Armour, includes 2,206 square feet of storage space and $18,000 of UW Rent attributable to the storage space. The storage lease has an expiration date of December 31, 2025. With respect to Loan No. 19, Aloft Ponce, the mortgaged property is an existing hotel property operated as an Aloft containing 152 rooms. Amenities include an owner-operated restaurant, a coffee shop, a bar, a Mexican restaurant named Orale Orale Rooftop Taqueria (leased), a gift shop named G&B Boutique (leased), 9,001 square feet of meeting space (including a 4,500-square-foot convention center that opened in December 2022), an outdoor swimming pool, a Hard Rock Cafe (opened in November 2020), an 18,500-square-foot casino (opened in October 2023, with an expansion in April 2024) and an arcade (opened in September 2024). The underlying site consists of one parcel with 3.19 acres or 139,131 square feet. With respect to Loan No. 24, Central Florida MHC / RV Portfolio, the Daytona’s Endless Summer mortgage property includes 165 RV sites, six rental cabins, 47 RV sites with water, electric and pump service, 14 RV sites with water and electric serves and 50 parking/storage spaces. The Sandy Oaks Mobile Home & RV Resort mortgaged property includes 186 RV sites, 33 mobile home sites, one apartment, four rental cabins and 79 parking/storage spaces. With respect to Loan No. 28, Hunter Quarry, the borrower sponsor estimates that approximately 50% of units are leased to students affiliated with Indiana University.

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

A-26

	With respect to Loan No. 2, UOVO QPN, Units is based on the gross building area of 281,494 square feet between the two buildings. The private storage units total 163,150 square feet and the managed storage units total 164,916 cubic feet. With respect to Loan No. 6, 360 Bowery, the mortgage loan is secured by the leased fee interest in the ground beneath the 360 Bowery property, which is comprised of an 8,707 square foot parcel that is ground leased by the borrower to ACEF-CBSKI 360 BOWERY LLC (as successor-in-interest to Bowery Development Partners LLC) (the “360 Bowery Ground Lease Tenant”) under a 99-year ground lease which expires August 31, 2118 (the “360 Bowery Ground Lease”). The improvements at the mortgaged property (the “Non-Collateral Improvements”), which are owned by the 360 Bowery Ground Lease Tenant during the term of the 360 Bowery Ground Lease, and are not collateral for the mortgage loan, consist of a 121,284 square foot mixed-use office building with grade-level retail. With respect to Loan No. 9, UOVO Orangeburg, Units is based on the gross building area of 102,446 square feet between the two buildings. The private storage units total 23,560 square feet and the managed storage units total 306,743 cubic feet. With respect to Loan No. 10, 2481 Crotona Avenue, the mortgaged property includes (i) 90 multifamily units, (ii) 11,377 square feet of ground floor retail space 100% leased to four commercial tenants and (iii) 38 parking spaces leased to a third-party operator. Occupancy represents the multifamily occupancy as of January 22, 2025. With respect to Loan No. 13, Paramount Hotel Seattle, the mortgaged property includes, among other things, (i) 146 rooms, and (ii) 4,622 square feet of restaurant space leased to Chan Seattle pursuant to a lease that commenced on June 1, 2022, has a lease expiration date of May 31, 2029, and has two, five-year renewal options remaining and no termination options. With respect to Loan No. 16, 3121 Ocean Avenue, the mortgaged property includes approximately (i) 29,650 square feet of ground floor and second floor retail space (51.7% of NRA) and (ii) 27,670 square feet of third, fourth and fifth floor office space (48.3% of NRA). With respect to Loan No. 34, 1014 Ogden Avenue, the mortgaged property consists of 17 residential units totaling 7,065 square feet and 1,900 square feet of commercial space.

(4)	In certain cases, the mortgaged properties may have tenants that have executed leases that were included in the underwriting but that have not yet commenced paying rent and/or are not in occupancy. For tenants that are one of the top 5 tenants (by net rentable area leased) for the 15 largest mortgage loans, certain of such tenants have not taken possession or commenced paying rent or sublease a material portion of their property. See “Description of the Mortgage Pool—Tenant Issues— Rights to Sublease” and “--Tenants Not Yet in Occupancy or in a Free Rent Period, Leases Under Negotiation and LOIs” in the prospectus. With respect to Loan No. 2, UOVO QPN, the occupancy represents the occupancy percentage for the private storage space (measured in square feet). The managed storage space is measured in cubic feet and is 55.4% leased as of November 1, 2024. With respect to Loan No. 4, Ali’i Place, the Largest Tenant, Hawaiian Electric Company, Inc. (“Hawaiian Electric Company”), subleases four suites totaling 63,927 square feet to the Second Largest Tenant, City & County of Honolulu, effective January 1, 2021 through December 31, 2032. The subtenant's base rent under the sublease is equal to Hawaiian Electric Company’s base rent under its lease. With respect to Loan No. 7, 299 Park Avenue, the Fourth Largest Tenant, Carlyle Investment Management LLC, subleases all of its space pursuant to subleases that are coterminous with the prime lease, including 40,364 SF to Court Square Capital Management LP through May 2032 at a rental rate of $75.00 per SF and 18,912 SF to P10 Intermediate Holdings through May 2032 at a rental rate of $70.00 per SF. P10 Intermediate Holdings further subleases a portion of their space to Braemont Capital Management LLC through May 2025 at a rental rate of $179.90 per SF. With respect to Loan No. 9, UOVO Orangeburg, the occupancy represents the occupancy percentage for the private storage space (measured in square feet). The managed storage space is measured in cubic feet and is 70.6% leased as of October 31, 2024.

A-27

	With respect to Loan No. 10, 2481 Crotona Avenue, the Second Largest Tenant by commercial NRA, Little Heroes Childcare Center, has taken possession of its 2,400 square foot space and commenced paying rent, but is not yet open for business. At origination, the borrower escrowed $108,000 related to the Little Heroes Childcare Center space until such time that the tenant is in occupancy, open for business and paying rent, and the debt service coverage ratio (“DSCR”) being at least 1.25x. Additionally, Martin Joseph, Vijay Gogia and Rakesh Kumar entered into a master lease for the Little Heroes Childcare Center space (the “Master Lease”). At any time, the Master Lease may be terminated upon (i) the lender’s receipt of a clean estoppel, (ii) evidence that the tenant is fully open for business and (iii) the DSCR being at least 1.25x. With respect to Loan No. 30, Dublin Court Industrial, the sole tenant, TWC The Valve Company, LLC, an affiliate of the sponsor, subleases 17,400 square feet to two subtenants, one of which is a sponsor-affiliated tenant known as Premier Valves & Field Services LLC (6,400 square feet). Premier Valves & Field Services LLC currently operates under a sublease that expires in 2040. The second sublease is to a third-party tenant, Valve Modification Services, LLC, which subleases 11,000 square feet at the mortgaged property at a triple-net rent of $7.64 per square foot per annum. The sublease commenced July 1, 2024 and is set to expire on June 30, 2026. In total, the subleases account for 17,400 SF or 19.9% NRA. TWC The Valve Company, LLC executed a new lease in connection with the origination of the mortgage loan through February 2040, which lease is guaranteed by the sponsor

(5)	With respect to all mortgage loans, with the exceptions of the mortgage loans listed identified in “Description of the Mortgage Pool—Certain Calculations and Definitions” in the prospectus, the Cut-off Date LTV Ratio (%) and the LTV Ratio at Maturity / ARD (%) are based on the Appraised Value ($) even though, for certain mortgage loans, the appraisal provided “as-stabilized” values based on certain criteria being met. With respect to Loan No. 11, Seatex Portfolio, the Appraised Value of the mortgaged properties represents a portfolio market value of $47,000,000, which is inclusive of an approximately 1.2% portfolio premium. The “as-is” appraised value of the individual mortgaged properties in the aggregate without the portfolio premium was $46,450,000 as of dates from December 20, 2024 through December 30, 2024. With respect to Loan No. 21, 3001-3003 Grand Concourse, the Appraised Value ($) represents the “As Stabilized” appraised value as of November 27, 2024, which assumes that the mortgaged property is fully leased. The appraisal concluded an “as-is” appraised value of $21,800,000 as of August 27, 2024, which results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 67.4% and 67.4%, respectively. With respect to all residential cooperative mortgage loans sold to the trust by National Cooperative Bank, N.A., the “as-is” appraised value of each property is the appraised value of such property assuming such property is operated as a residential cooperative.


(6)	For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Cut-off Date Balance ($) and Maturity / ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation. ● Loan No. 8, FedEx Portfolio ● Loan No. 11, Seatex Portfolio ● Loan No. 12, HTI Houston Multifamily Portfolio ● Loan No. 24, Central Florida MHC / RV Portfolio ● Loan No. 31, Zidan Multifamily Portfolio

(7)	The Original Balance ($), Cut-off Date Balance ($), and Maturity / ARD Balance ($) represent only the mortgage loan included in the issuing entity. The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), Cut-off Date LTV Ratio (%), LTV Ratio at Maturity / ARD (%), Underwritten NOI Debt Yield (%), Underwritten NCF Debt Yield (%) and Loan per Unit ($) are calculated based on the mortgage loan included in the issuing entity and the related pari passu companion loans in the aggregate but exclude any subordinate companion loan(s). For more information regarding the mortgage loans secured by the mortgaged properties identified under the column heading in this Annex A-1, see the charts titled “Whole Loan Summary” and “Whole Loan Controlling Notes and Non-Controlling Notes” in “Description of the Mortgage Pool—The Whole Loans” in the prospectus. ● Loan No. 1, Shops at Mission Viejo ● Loan No. 2, UOVO QPN ● Loan No. 3, 340 Mt Kemble ● Loan No. 5, 29-33 Ninth Avenue

A-28

	● Loan No. 7, 299 Park Avenue ● Loan No. 17, Outlet Shoppes of the Bluegrass ● Loan No. 23, Twin Cities Premium Outlets

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

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

(10)	With respect to Loan No.18, Michigan & Mitchell, a Grace Period – Default (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date. With respect to Loan No. 20, Wells Street Portfolio, a Grace Period – Default (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date. With respect to Loan No. 25, Hampton & Fond du Lac, a Grace Period – Default (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date. With respect to Loan No. 29, Chambers & Villard, a Grace Period – Default (Days) of five days is permitted provided that such Grace Period – Default (Days) does not apply to the amount due on the maturity date.

(11)	Intentionally Blank

(12)	The “L” component of the prepayment provision represents lockout payments. The “D” component of the prepayment provision represents defeasance payments. The “YM” component of the prepayment provision represents yield maintenance payments. The “YM1” component of the prepayment provision represents the greater of (i) yield maintenance or (ii) 1% of the outstanding principal balance of the mortgage loan at the time of prepayment. The “1%” component of the prepayment provision represents 1% of the outstanding principal balance of the mortgage loan at the time of prepayment. The “O” Component of the prepayment provision represents the free payments including the Maturity Date. Certain mortgage loans permit the release of a portion of a mortgaged property (or an individual mortgaged property, in connection with a portfolio mortgage loan) under various circumstances, as described in the prospectus. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Partial Releases” in the prospectus. With respect to Loan No. 1, Shops at Mission Viejo, the lockout period will be at least 25 payment dates beginning with, and including, the first payment date on February 1, 2025. The Shops at Mission Viejo whole loan may be defeased in whole but not in part, at any time after the earlier to occur of (i) two years from the closing date of the securitization that includes the last note to be securitized and (ii) January 1, 2028. The assumed lockout period of 25 payments is based on the anticipated closing date of the BMO 2025-C11 securitization in February 2025. The actual lockout period may be longer. With respect to Loan No. 2, UOVO QPN, the lockout period will be at least 24 payment dates beginning with and including the first payment date on March 6, 2025. Defeasance of the UOVO QPN whole loan is permitted after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last note comprising a part of the UOVO QPN whole loan to be securitized and (ii) January 22, 2028. The assumed lockout period of 24 payments is based on the expected BMO 2025-C11 securitization closing date in February 2025. The actual lockout period may be longer. With respect to Loan No. 3, 340 Mt Kemble, the lockout period will be at least 30 dates beginning with and including the first payment date on March 1, 2025. Voluntary prepayment (with the greater of a yield maintenance premium or 1% of the principal balance of the 340 Mt Kemble whole loan) in full (but not in part)

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is permitted at any time following the payment date in August 2027. The assumed lockout period of 30 payments is based on the anticipated closing date of the BMO 2025-C11 securitization in February 2025. The actual lockout period may be longer.

With respect to Loan No. 5, 29-33 Ninth Avenue, defeasance of the whole loan is permitted at any time after the date that is two years after the closing date of the securitization that includes the last note to be securitized. The assumed defeasance lockout period of 24 payments is based on the anticipated closing date of the BMO 2025-C11 securitization trust in February 2025. The actual defeasance lockout period may be longer.

With respect to Loan No. 8, FedEx Portfolio, provided no event of default then exists, and provided that the Athens Release Conditions are satisfied, the borrower will have the right at any time after two years from the startup date to voluntarily prepay a portion of the FedEx Portfolio Mortgage Loan (the “Partial Prepayment Event”) and obtain a release of one or more individual properties (each, a “Release Property”) upon satisfaction of the following conditions precedent: (i) the borrower provides between 30 and 90 days’ prior written notice; (ii) the borrower pays to lender the monthly debt service payment amount due on the payment date next following the Partial Prepayment Date; (iii) the borrower will pay to lender all other sums, not including scheduled interest or principal payments, then due under the FedEx Portfolio Mortgage Loan documents; (iv) the borrower will pay to the lender a principal reduction payment in an amount equal to 115% of the release price for each subject Release Property; (v) the borrower will pay (1) an amount equal to the applicable yield maintenance premium and (2) all sums due and payable under the FedEx Portfolio Mortgage Loan documents; (vi) the Partial Prepayment Event is permitted under REMIC requirements; (vii) the borrower delivers rating agency confirmation to the lender; (viii) the borrower delivers an officer’s certificate certifying that the Partial Prepayment Event requirements have been met; (ix) the borrower delivers such other certificates, documents or instruments as the lender may reasonably request which are necessary to effectuate the Partial Prepayment Event; (x) after giving effect to the release of the Release Property, the debt yield with respect to the remaining FedEx Portfolio Properties is greater than the greater of (1) the debt yield immediately prior to the release and (2) 10.7%; (xi) after giving effect to the Release Property, the LTV with respect to the remaining FedEx Portfolio Properties is no greater than the lesser of (1) the LTV immediately prior to the release or (2) 69.8%; and (xii) the borrower pays all costs and expenses of the lender incurred in connection with the Partial Prepayment Event. Provided no event of default then exists, and either (x) a Fed Ex Lease Athens Renewal Event has occurred, or (y) the FedEx Athens Property is concurrently released or previously has been released subject to a Partial Defeasance Event or Partial Prepayment Event, the borrower will have the right at any time after two years from the startup date to voluntarily defease a portion of the FedEx Portfolio Mortgage Loan and obtain the release of one or more Individual Properties pursuant to same conditions as required under Partial Prepayment Event above.

With respect to Loan No. 11, Seatex Portfolio, the borrower may obtain the release of individual properties as collateral for the Seatex Portfolio Mortgage Loan via a partial defeasance of the loan or a partial prepayment (subject to yield maintenance) of the Seatex Portfolio Mortgage Loan in an amount equal to 110% of the allocated loan amount for such property (the “Partial Release Property”), at any time, provided that (a) any such partial defeasance shall be subject to the defeasance lockout period and satisfaction of other customary provisions related to such partial defeasance or release, (b) borrower provides 30 days prior written notice or its proposed partial release, and (c) other customary requirements consistent with the Seatex Portfolio Mortgage Loan Documents

With respect to Loan No. 31, Zidan Multifamily Portfolio, the borrowers may obtain the release of a property upon certain conditions being met, including among other things, (i) no event of default, (ii) borrowers shall be required to partially defease an amount equal to the greater of (a) 100% of the net sale proceeds received, or (b) 120% of the allocated loan amount for the release property, (iii) the LTV of the remaining property is not greater than 65.0%, (iv) the DSCR of the remaining property is not less than 1.35x, and (v) the debt yield of the remaining property is not less than 10.0%.

With respect to Loan No.33, The Arches Apartments, the borrower may obtain the release of the retail parcel upon certain conditions being met, including among other things, (i) no event of default, (ii) the retail parcel shall be a separately subdivided parcel from the lien of the mortgage in connection with a sale of the retail parcel to an unaffiliated third party, (iii) the borrower shall be required to partially defease an amount equal to the greater of (a) 100% of the net sale proceeds received, or (b) $850,000, (iv) the LTV of the remaining property is not greater than 65.0%, (v) the DSCR of the remaining property is not less than 1.30x, and (vi) the debt yield of the remaining property is not less than 9.0%.

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(13)	Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Indebtedness—Existing Mezzanine Debt,” “—Preferred Equity and Preferred Return Arrangements” and “Certain Legal Aspects of the Mortgage Loans” in the prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future. With respect to Loan No. 7, 299 Park Avenue, upon at least 30 days and not more than 120 days’ notice to the lender, a constituent party of the borrower (a “BMR Mezzanine Borrower”) has a one-time right to incur mezzanine financing (a “BMR Mezzanine Loan”) subject to the satisfaction of certain requirements set forth in the 299 Park Avenue whole loan documents, which include, but are not limited to: (i) there is no event of default continuing, (ii) the interest rate under the BMR Mezzanine Loan is at a fixed rate and the BMR Mezzanine Loan is fully funded on the origination date of the BMR Mezzanine Loan, (iii) after giving effect to the BMR Mezzanine Loan, (x) the combined loan to value ratio is equal to or less than 45.6%, and (y) the combined debt yield is equal to or greater than 12.5%, (iv) the maturity of the BMR Mezzanine Loan is coterminous with, or longer than, the maturity date of the 299 Park Avenue whole loan, (v) the lender originating the BMR Mezzanine Loan must be a qualified mezzanine lender approved by the lender under the 299 Park Avenue whole loan, (vi) the BMR Mezzanine Borrower must own 100% of the direct or indirect interests in the borrower, and (vii) the lender originating the BMR Mezzanine Loan must enter into an intercreditor agreement with the 299 Park Avenue whole loan lender in form and substance acceptable to the rating agencies and reasonably acceptable to the 299 Park Avenue whole loan lender. With respect to Loan No. 8, FedEx Portfolio, future mezzanine debt is permitted in order to finance expansion work to the extent required under any FedEx lease, upon (i) the aggregate debt yield is at least equal to the minimum debt yield. (ii) the aggregate debt service coverage ratio is at least equal to1.51x, (iii) a FedEx Athens renewal event has occurred, (iv) no trigger period is continuing and (v) satisfaction of other certain conditions set forth in the FedEx Portfolio mortgage loan documents. With respect to Loan No. 11, Seatex Portfolio, future mezzanine financing is permitted, provided all the following conditions are satisfied in lender’s reasonable discretion. With respect to Loan No. 34, 1014 Ogden Avenue, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the combined loan-to-value ratio may not exceed 66.7%, (y) the combined debt service coverage ratio, is equal to or greater than 1.28x, (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender, and (iii) receipt of a rating agency confirmation from each applicable rating agency. With Respect to Loan No. 44, Fedex Enid, future mezzanine debt is permitted to finance an expansion of the leased premises under the Fed Ex Lease. The current lease does not provide for such expansion option. The permitted mezzanine loan is subject to standard terms including rating confirmation and lender approval, and for the max aggregate as LTV of 70% based on a new appraisal (“as-stabilized” valuation) , Aggregate Debt Service Coverage Ratio is at least equal to the DSCR 1.27x and the Aggregate Debt Yield is at least equal to 9.5%. With respect to the residential cooperative mortgage loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance ($)”, and “Subordinate Companion Loan Interest Rate", also includes relevant information regarding the subordinate lines of credit or subordinate wraparound mortgage corresponding to such loans, although those subordinate lines of credit or subordinate wraparound mortgage are not considered Companion Loans. See the chart column entitled "Other Secured Debt—Additional Debt Financing For mortgage loans Secured by Residential Cooperatives Sold to the Depositor by National Cooperative Bank, N.A.”; in this prospectus.

(14)	The Underwritten NOI DSCR (x), Underwritten NCF DSCR (x), whole loan Underwritten NCF DSCR (x) and Total Debt Underwritten NCF DSCR (x) for all partial interest-only mortgage loans were calculated based on the first 12 principal and interest payments after the origination date during the term of the mortgage loan. For purposes of determining the debt service coverage ratio and debt yield for a residential cooperative mortgage loan, the Underwritten NOI DSCR (x) and the Underwritten NCF DSCR (x) for a residential cooperative property is the projected net cash flow reflected in an appraisal of such residential cooperative property.

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(15)	In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing. With respect to Loan No. 4, Ali’i Place, an $85,000 credit for the $850,000 tenant improvement and leasing commissions escrow was underwritten on the mortgage loan. The $850,000 initial deposit was placed into a reserve and disbursements can be made for tenant improvements and leasing commissions.

(16)	With respect to some mortgage loans, historical financial information may not be available as a result of acquisition financing and/or recent construction. With respect to Loan No. 3, 340 Mt Kemble, historical financial information prior to the Most Recent cash flows are unavailable as the mortgaged property was acquired at origination. With respect to Loan No. 6, 360 Bowery, historical financial information is unavailable because the Non-Collateral Improvements were constructed in 2023. With respect to Loan No. 10, 2481 Crotona Avenue, historical financial information is not available as the mortgaged property was built in 2023 and recently completed lease-up. With respect to Loan No. 11, Seatex Portfolio, historical financial information is not available as it was not provided by the borrower sponsors. With respect to Loan No. 14, 224-228 8th Avenue, historical financial information beyond the T12 December 31, 2024 is unavailable as the borrower acquired the property in June 2023 and renovated the mortgaged property from 2023 to 2024. With respect to Loan No. 16, 3121 Ocean Avenue, historical financial information prior to the most recent period is not available as the mortgaged property was built in 2024. With respect to Loan No. 21, 3001-3003 Grand Concourse, historical financial information is unavailable as the mortgage property was constructed in 2024. With respect to Loan No. 26, Village at Riverstone, historical financial information prior to 2023 is not available as a result of the mortgage loan being used to fund the acquisition of the related mortgaged property. With respect to Loan No. 28, Hunter Quarry, the Fourth Most Recent cash flows are not available as they were not required by the lender. With respect to Loan No. 30, Dublin Court Industrial, historical financial information as the mortgaged property is leased to a sponsor-affiliated single tenant on a triple-net basis. With respect to Loan No. 34, 1014 Ogden Avenue, historical financial information is not available because the mortgaged property was constructed in 2024. Due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A with respect to other mortgage loans is not presented with respect to the residential cooperative mortgage loans sold to the trust and is, instead, reflected as not applicable (NAP). Since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI ($), Second Most Recent NOI ($), Third Most Recent NOI ($), and the related fields shown on Annex A-1 are not presented on Annex A with respect to the residential cooperative mortgage loans sold to the trust.

(17)	With respect to Loan No. 4, Ali’i Place, the mortgaged property is subject to a ground lease of 68,754 square feet of land between the City and County of Honolulu and the borrower. The ground lease term commenced on February 6, 1992 and expires on February 5, 2057, with one, 15-year extension option. The annual rent for the period commencing February 6, 2022 through February 6, 2032 is $734,117 per year, while annual rent for the periods of February 6, 2032 through February 6, 2042, February 6, 2042 through February 6, 2057, and during the 15-year extension term, in each case will be determined by written agreement between the fee owner and the ground tenant based on the fair market value of the land, multiplied by the prevailing rate of return in Honolulu for comparable ground leases, and further multiplied by 70%. In no event will the ground

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	rent for any lease period be less than that established for the preceding period. If the parties fail to reach an agreement, the next ground rent payment will be based on an appraisal determined amount. The lessee pays all property taxes, operating costs, and structural repairs necessary to maintain the project in first class condition. With respect to Loan No. 7, 299 Park Avenue, in addition to the borrower’s fee simple interest in the 299 Park Avenue mortgaged property, the borrower holds a leasehold interest in the property located at 111 East 48th Street (the “Air Rights Parcel”), which it subleases back to the owner of the Air Rights Parcel. This arrangement provides the borrower with the capacity to utilize additional floor area ratio from the Air Rights Parcel.

(18)	Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related mortgage loan documents. With respect to Loan No. 6, 360 Bowery, approximately $2,520,833 was collected in an upfront ground rent reserve, which equals the ground rent due by the ground lessee for the period of time between closing and the rent commencement under the underlying Chobani lease. So long as no event of default or trigger period exists, funds on deposit in the ground rent reserve will be disbursed by the lender to the borrower on each monthly payment date upon the lender confirming that the ground lessee has made the ground rent payment for the applicable month. With respect to Loan No. 13, Paramount Hotel Seattle, the borrower deposited $1,500,000 at loan origination into the Renovation Reserve, which funds will be used to pay or reimburse the borrower for the lender’s percentage (60.0%) of approved renovation expenses. The borrower is required to timely pay the remaining 40.0% of the approved renovation expenses. The borrower covenanted to complete the renovation in accordance with the approved renovation budget on or prior to May 6, 2027 (the "Renovation Completion Date"). In addition, commencing on the Renovation Completion Date, the minimum DSCR Trigger for Cash Management will increase from 1.15x up to 1.50x.

(19)	Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being triggered in the respective mortgage loan documents. With respect to Loan No. 1, Shops at Mission Viejo, on each monthly payment date during a reserve trigger period, the borrower is required to deposit into the replacement reserve an amount equal to $12,000. With respect to Loan No. 1, Shops at Mission Viejo, on each monthly payment date during a reserve trigger period, the borrower is required to deposit into the rollover reserve an amount equal to $79,000. With respect to Loan No. 1, Shops at Mission Viejo, on each monthly payment date during the continuance of a major tenant trigger event, the borrower is required to deposit into the major tenant reserve an amount equal to 1/12th of the applicable Major Tenant Threshold Amount (as defined herein) to the extent the balance on deposit in the major tenant reserve account is less than the applicable Major Tenant Threshold Amount. Major Tenant Threshold Amount means the amount of (i) $9,675,000 for the space occupied by Macy’s, (ii) $8,250,000 for the space occupied by Nordstrom and (iii) $4,000,000 for the space occupied by Dick’s Clothing & Sporting Goods. With respect to the Loan No. 3, 340 Mt Kemble, the borrowers are required to deposit 1/12th of the in-surance premiums that the lender estimates will be payable, which currently equates to approximately $11,805. The borrowers will not be required to make monthly insurance deposits with respect to any insurance coverage carried under a blanket insurance policy pursuant to the 340 Mt Kemble whole loan documents so long as (i) no event of default has occurred and is continuing and (ii) the borrowers pro-vide the lender with timely evidence of payment of all such insurance premiums. With respect to Loan No. 3, 340 Mt Kemble, commencing with the payment date that occurs in June 2033 and ending with the payment date occurring in December 2034, the borrowers will be required to deposit with the lender an amount equal to approximately $568,326. The borrowers may suspend their obligation to make such deposits if the borrowers have deposited (and maintain on deposit) with the lender cash and/or a letter of credit in the aggregate amount of $10,798,200. With respect to Loan No. 4, Ali’i Place, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit with the lender the material tenant trigger event excess cash for

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tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with leasing material tenant space pursuant to qualified leases.

With respect to Loan No. 5, 29-33 Ninth Avenue, the monthly escrow for insurance premiums will be waived for so long as, among other conditions, (i) the requirements set forth in the loan agreement relating to all insurance coverage the borrower is required to maintain with respect to the mortgaged property are satisfied by the condominium association, (ii) the condominium documents remain in full force and effect, (iii) the borrower will continue to own all units comprising the condominium, (iv) the condominium association is obligated pursuant to the condominium documents to maintain insurance as required under the mortgage loan documents and (iv) the condominium association performs such obligation and the borrower provides lender with evidence of such performance in a timely manner.

With respect to Loan No. 5, 29-33 Ninth Avenue, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit with the lender the material tenant trigger event excess cash for tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with leasing material tenant space pursuant to qualified leases. The aggregate amount deposited into the applicable material tenant reserve account in connection with a material tenant trigger event caused by (a) the applicable material tenant “going dark” vacating, ceasing to occupy or ceasing to conduct business in the ordinary course with respect to 25% or more of the rentable square footage of its material tenant space, (b) announcing or disclosing publicly its intention to relocate from or vacate 25% or more of the rentable square footage of its material tenant space, or (c) marketing for sublease or subleasing 25% or more of the rentable square footage of its material tenant space, in each case, will not exceed an amount equal to $90.00 PSF of the applicable premises.

With respect to Loan No. 11, Seatex Portfolio, on each payment date during the continuance of an event of default or trigger period, the borrower is required to deposit a monthly replacement reserve amount of approximately $7,254.

With respect to Loan No. 11, Seatex Portfolio, on each payment date during the continuance of an event of default or trigger period, the borrower is required to deposit a monthly rollover reserve amount of approximately $36,269.

With respect to Loan No. 15, The Village at Moorpark, the borrower is required to make monthly deposits of $9,234.68 into the rollover reserve through and including the monthly payment date in February 2033. Commencing on the payment date in March 2033, the borrower will be required to deposit $44,234.68 monthly into the rollover reserve.

With respect to Loan No. 16, 3121 Ocean Avenue, at such time that the balance in the general TI/LC reserve falls below $250,000, the borrower is required to escrow $4,777 on each monthly payment date for general tenant improvements and leasing commissions, capped at $250,000. The monthly TI/LC reserve is currently suspended.

With respect to Loan No. 18, Michigan & Mitchell, on each monthly payment date, the borrower is not required to make monthly deposits into the tax and insurance subaccount for insurance premiums asso-ciated with any insurance coverage carried under a blanket insurance policy pursuant to the Michigan & Mitchell mortgage loan documents for so long as (i) no event of default has occurred and is continuing and (ii) the borrower provides the lender timely evidence of payment of all such insurance premiums.

With respect to Loan No. 19, Aloft Ponce, on each monthly payment date during a Hard Rock franchise trigger event period, the borrower is required to deposit with the lender all Hard Rock franchise trigger event excess cash, provided, however, that the borrower will not be required to deposit in the Hard Rock account funds in excess of $820,000. Provided that no other cash management trigger event period has occurred and is continuing, during the occurrence and continuance of a cash management trigger event period that exists solely on account of a Hard Rock franchise trigger event period, the borrower may, in lieu of making the deposits of Hard Rock franchise trigger event excess cash with the lender, elect to deposit cash or a letter of credit that satisfies all requirements of the mortgage loan agreement in an amount equal to $820,000 for application to the Hard Rock account to be held in accordance with the terms of the mortgage loan agreement. The borrower is required to deposit such amount (whether in cash or letter of credit) within 10 business days following the occurrence of a Hard Rock franchise trigger event, and upon the lender’s receipt of such deposit, any Hard Rock franchise trigger event period will be deemed to terminate.

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	With respect to Loan No. 19, Aloft Ponce, on each monthly payment date during a franchise trigger event period, the borrower is required to deposit with the lender all franchise trigger event excess cash for costs incurred in connection with the property improvement work necessary to effect a franchise trigger event cure. With respect to Loan No. 20, Wells Street Portfolio, on each monthly payment date, the borrower is not required to make monthly deposits into the tax and insurance subaccount for insurance premiums asso-ciated with any insurance coverage carried under a blanket insurance policy pursuant to the Wells Street Portfolio mortgage loan documents for so long as (i) no event of default has occurred and is con-tinuing and (ii) the borrower provides the lender timely evidence of payment of all such insurance premi-ums. With respect to mortgage loan No. 23, Twin Cities Premium Outlets, the whole loan documents permit the borrower to provide a letter of credit in lieu of making any required deposits to the tax and insurance reserve, replacement reserve, rollover reserve or TI/LC reserve. With respect to any required deposits to the TI/LC reserve, the borrowers are further permitted to provide a guaranty in accordance with the mortgage loan documents in lieu of making any such required deposits. With respect to Loan No. 24, Central Florida MHC / RV Portfolio, commencing on the payment date occurring in December 2025, on the payment dates occurring in December – March of each 12-month period (and, for the avoidance of doubt, spanning successive calendar years) during the term of the Central Florida MHC / RV Portfolio mortgage loan), the borrowers will be required to deposit into the seasonality reserve subaccount an amount equal to 1/4th of the amount equal to the sum of the projected monthly debt service shortfalls (inclusive of amounts attributable to monthly deposits into all applicable escrows and reserve accounts required pursuant to the Central Florida MHC / RV Portfolio mortgage documents) for the succeeding twelve months, less any unused amounts then on deposit in the seasonality reserve subaccount attributable to the prior years, such amount to be determined by the lender on an annual basis, but no later than November 1st of each year. With respect to Loan No. 25, Hampton & Fond du Lac, on each monthly payment date, the borrower is not required to make monthly deposits into the tax and insurance subaccount for insurance premiums associated with any insurance coverage carried under a blanket insurance policy pursuant to the Hamp-ton & Fond du Lac mortgage loan documents for so long as (i) no event of default has occurred and is continuing and (ii) the borrower provides the lender timely evidence of payment of all such insurance premiums. With respect to Loan No. 27, 1733 Bay Tower, at such time that the balance in the general TI/LC reserve falls below $250,000, the borrower is required to escrow $3,367 on each monthly payment date for general tenant improvements and leasing commissions, capped at $250,000. The monthly TI/LC reserve is currently suspended. With respect to Loan No. 28, Hunter Quarry, on each monthly payment date during a lease sweep period, the borrower is required to deposit into the lease sweep reserve an amount equal to $20,000. With respect to Loan No. 29, Chambers & Villard, on each monthly payment date, the borrower is not required to make monthly deposits into the tax and insurance subaccount for insurance premiums asso-ciated with any insurance coverage carried under a blanket insurance policy pursuant to the Chambers & Villard mortgage loan documents for so long as (i) no event of default has occurred and is continuing and (ii) the borrower provides the lender timely evidence of payment of all such insurance premiums.

(20)	Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. With respect to Loan No. 3, 340 Mt Kemble, the rollover reserve is subject to a cap of approximately $309,946. With respect to Loan No. 23, Twin Cities Premium Outlets, on a monthly basis, the borrower is required to escrow $51,000 for TI/LC reserves subject to a cap of $2,448,000.

(21)	In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date and may not include smaller spaces with different expiration dates. With respect to Loan No. 7, 299 Park Avenue, the Second Largest Tenant, UBS AG, 114,759 SF (Floors 8-9, 11, 26) expires November 2031 and 28,336 SF (Floor 10) expires December 2034.

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	With respect to Loan No. 8, FedEx Portfolio, the various lease expiration dates include August 31, 2026 (FedEx Athens with two, five-year renewal options), May 31, 2028 (FedEx Middleborough with no renewal options), September 14, 2028 (FedEx Cambridge with two, five-year renewal options), August 31, 2032 (FedEx New Stanton with two, five-year renewal options), and November 30, 2032 (FedEx New Stanton Parking with two, five-year renewal options).

(22)	With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property. With respect to Loan No. 30, Dublin Court Industrial, the sole tenant is an affiliate of the sponsor.

(23)	The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. In addition, in some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. With respect to Loan No. 3, 340 Mt Kemble, the Largest Tenant, CIT/First-Citizens Bank & Trust, has a one-time right to terminate its lease on April 30, 2033, with 12-months’ prior written notice and payment of a termination fee equal to $12,000,000. With respect to Loan No. 3, 340 Mt Kemble, the Second Largest Tenant, Morgan Stanley has a one-time right to terminate all or a portion of its leased space on April 30, 2033, which includes the following leased space: (i) 44,985 square feet of ground floor space (the “Ground Floor Premises”), (ii) 71,593 square feet on the first floor (the “First Floor Premises”), (iii) any of the Right of First Offer Space (as defined below) selected by Morgan Stanley and delivered on or before April 30, 2028, upon receipt of the notice of tenant’s election to lease such space (the “Terminable Right of First Offer Space”) or (iv) the entire premises, provided that, in connection with the termination of any space in clauses (i) through (iv), Morgan Stanley provides 12-months’ prior written notice and pays a termination fee equal to (a) with respect to clause (i), $3,769,080 for the Ground Floor Premises only, (b) with respect to clause (ii), $5,998,438 for the First Floor Premises only, (c) with respect to clause (iii), the sum of (x) three months of minimum rent for the Terminable Right of First Offer Space plus (y) the unamortized transaction costs incurred in leasing the space (collectively, the “Terminable Right of First Offer Space Termination Fee”) or (d) with respect to clause (iv), $9,767,518 for the entire premises plus any Terminable Right of First Offer Space Termination Fee. Morgan Stanley has a right of first offer upon the first occasion of the vacating or intended vacating of the space then leased to a third party located in the south tower of the 340 Mt Kemble Property (the “Right of First Offer Space”). With respect to Loan No, 3, 340 Mt Kemble, the Third Largest Tenant, Zelis Healthcare, LLC, has a one-time right to terminate its lease on April 30, 2033 with 12-months’ prior written notice and payment of a termination fee equal to $3,626,681. With respect to Loan No. 15, The Village at Moorpark, the Third Largest Tenant, Dover Saddlery, has an option to terminate its lease as of the end of lease year 5, which is 1/31/2027, if the tenant's gross sales in lease year 4 (from 2/1/2025 to 1/31/2026) are less than $1,600,000. With respect to Loan No, 17, Outlet Shoppes at the Bluegrass, the Largest Tenant, H&M, has an ongoing right to terminate its lease with nine months’ notice until the lease expiration date on January 31, 2026.

(24)	With respect to Loan No. 1, Shops at Mission Viejo, for so long as one or more of Simon Property Group, L.P. (“SPG LP”), Simon Property Group, Inc. (“Simon Inc.”), Institutional Mall Investors LLC (“IMI”), California Public Employees’ Retirement System (“CalPERS”) or any party of which CalPERS owns, directly or indirectly, at least 50% of the capital and profits (“CalPERS Investor”) (or an affiliate of SPG LP, Simon Inc., IMI, CalPERS or CalPERS Investor) is a non-recourse carveout guarantor, the non-recourse carveout guarantor’s aggregate liability is limited to 20% of the outstanding principal balance of the mortgage loan at such time, plus all of the reasonable out-of-pocket costs and expenses (including court costs and reasonable attorneys’ fees) incurred by the related lender in the enforcement of the related guaranty or the preservation of such lender’s rights under such guaranty. There is no separate environmental indemnity for the Shops at Mission Viejo mortgage loan; however, the non-recourse carveout guaranty provides loss recourse for breaches of representations, warranties and indemnification provisions in the mortgage loan agreement concerning environmental laws and hazardous materials (subject to the aforementioned 20% cap). With respect to Loan No. 4, Ali’i Place, in the event that the annual ground rent payable under the ground lease for the period commencing on February 6, 2032 through February 6, 2042 equals or exceeds $2,000,000, the non-recourse carveout guarantor would be subject to springing recourse up to $6,500,000.

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	With respect to Loan No. 5, 29-33 Ninth Avenue, if there is a material modification or amendment to any of the provisions of the condominium documents or the condominium has terminated or has been withdrawn from the condominium regime, the non-recourse carveout guarantor would be subject to full recourse. With respect to Loan No. 7, 299 Park Avenue, there is no non-recourse carveout guarantor or environmental indemnitor separate from the borrower.

(25)	Each letter identifies a group of related borrowers.

(26)	The classification of the lockbox types is described in the prospectus. See “Description of the Mortgage Pool—Certain Calculations and Definitions” in the prospectus for further details. With respect to Loan No. 3, 340 Mt Kemble, which is structured with a hard lockbox, the borrowers may suspend their obligation to cause all rents to be deposited into a clearing account during a debt service coverage ratio cash management period (provided no other cash management period is continuing) for so long as the following conditions are satisfied: (A) (i) the borrowers have deposited (and maintain on deposit) with the lender cash in the amount of the difference between (x) the annual net operating income that would be required to achieve a debt service coverage ratio (“DSCR”) of 1.20x, minus (y) the then existing annual net operating income as reasonably determined by the lender (the “NOI Shortfall”), which cash amount will be transferred to the cash collateral subaccount or (ii) the borrowers have deposited (and maintain on deposit) with the lender a letter of credit in the amount of the NOI Shortfall, (B) the cash deposit or letter of credit remain on deposit with the lender until the termination of the DSCR Cash Management Period as provided within the 340 Mt Kemble whole loan documents, at which time the remaining cash deposit or letter or credit will be returned to the borrowers, (C) for the avoidance of doubt, without releasing any such cash previously deposited or such letter of credit previously delivered to the lender, in the event the NOI Shortfall exceeds the amount of cash or the letter of credit on deposit with the lender at the end of any calendar quarter during the continuance of a DSCR Cash Management Period, and the borrowers wish to maintain the suspension of the deposit requirements as set forth in the 340 Mt Kemble whole loan documents, the borrowers will promptly make additional deposits of cash or modifications or supplements to the letter of credit, in amounts sufficient to cover the full amount of the then-existing NOI Shortfall and compliance will be tested quarterly and (D) the borrowers grant to the lender a security interest in such cash deposit or letter of credit, as applicable, and all proceeds thereof, as additional security for the 340 Mt Kemble whole loan. With respect to the following mortgage loans, which are structured with springing lockboxes, the borrowers may suspend their obligation to cause all rents to be deposited into a clearing account during a debt service coverage ratio cash management period (provided no other cash management period is continuing) if and for so long as the following conditions are satisfied, the borrowers have deposited (and maintains on deposit) with the lender (i) cash in the amount of the difference between (A) the annual net operating income that would be required to achieve a debt service coverage ratio of 1.10x, minus (B) the then-existing annual net operating income, as reasonably determined by the lender (the “NOI Shortfall”), which cash amount shall be transferred to the cash collateral subaccount or (ii) a letter of credit in the amount of the NOI Shortfall. ● Loan No. 18, Michigan & Mitchell ● Loan No. 20, Wells Street Portfolio ● Loan No. 25, Hampton & Fond du Lac ● Loan No. 29, Chambers & Villard With respect to Loan No. 28, Hunter Quarry, the mortgage loan is structured with a springing lockbox. Upon the occurrence of a trigger period, the borrower is required to establish a lockbox account into which borrower shall deposit, or cause to be deposited all gross income from operations, all forfeited security deposits and all other revenue from the mortgaged property received by the borrower or manager.

(27)	With respect to Loan No. 2, UOVO QPN, the mortgaged property benefits from an Industrial & Commercial Abatement Program (“ICAP”) tax exemption for 25 years. The mortgaged property receives 100.0% of the ICAP exemption benefit for the first 16 years, which then decreases each year thereafter by 10.0%. The physical improvements will be fully taxable in year 26. Of the two buildings comprising the Mortgaged Property, Building 10 began its abatement in the 2015/2016 tax year and Building 1 began its abatement in the 2017/2018 tax year. The estimated full unabated taxes for the 2024/2025 tax year are $2,383,985. The mortgage loan was underwritten based on the 10 year average abated taxes of $751,970. With respect to Loan No. 4, Ali’i Place, although there is no tax abatement, as long as there is no change in the mortgaged property's use or a change of ownership, Hawaii State Federal Credit Union, State of Hawaii (State Parking Spaces) and Hawaiian Electric Company have exemptions in-place of $1,206,240, $8,140,450

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and $27,001,600, respectively, which reduce the assessed value. The estimated full taxes for the 2024/2025 tax year are $1,170,429 compared to the underwritten taxes of $719,710.

With respect to Loan No. 10, 2481 Crotona Avenue, the borrower has applied for a 35-year 421-a tax abatement under the NYC Department of Housing Preservation & Development’s (“HPD”) 421-a tax abatement program. In connection with the 421-a tax abatement, the borrower will be required to reserve at least 98.89% of the units equal to 89 units at the mortgaged property for affordable housing. As part of the 421-a tax abatement and overlapping HPD inclusionary housing program requirements, (i) 15 units are required to be designated for tenants earning no more than 80% of the area median income and (ii) 74 units are required to be designated for tenants earning no more than 130% of area median income, subject to certain rental restrictions. The 421-a tax abatement provides (i) a 100% tax exemption for the first 25 years and (ii) a 98.89% tax exemption for years 26 through 35 with full taxes commencing at the end of the 35th applicable tax year. The 421-a tax abatement is pending approval and the tax abatement period has not yet started. Additionally, the borrower has applied for a 15-year ICAP tax exemption under the New York City Department of Finance ICAP tax exemption program. The ICAP tax exemption is pending and the abatement period has not yet started. With regard to both the 421-a tax abatement and the ICAP tax exemption, the estimated full unabated taxes for the 2024/2025 tax year are $812,471 compared to the underwritten abated taxes of $30,886.

With respect to Loan No. 16, 3121 Ocean Avenue, the borrower benefits from a 15-year ICAP tax abatement under the New York City Department of Finance ICAP tax exemption program which commenced in 2024/2025. The mortgaged property is currently in its second year of a 15-year abatement period. The ICAP tax abatement provides a (i) 100% abatement for the first 11 years and (ii) from year 12 through termination of the ICAP tax abatement in year 15, a 20% reduction in abatement benefits annually. The estimated full unabated taxes for the 2025/2026 tax year are $691,924 compared to the underwritten abated taxes of $77,201.

With respect to Loan No. 19, Aloft Ponce, the hotel received a 90% property tax exemption expiring on December 21, 2033. The tax exemption was granted based on Act 74 from 2010 and Regulation No. 8185 from 2012, which regulate tourism activity. Act 74 in Puerto Rico, also known as the Tourism Development Act of 2010, included several tax incentives aimed at promoting tourism development on the island. Some of the incentives included tax credits for eligible tourism investments, income tax exemptions for tourism-related businesses, property tax exemptions for qualifying tourism projects, municipal license tax exemptions, excise tax exemptions on certain imported items for tourism development, and tax exemptions on interest earned from loans to tourism businesses. The tax benefit can be extended for an additional 10-years, which requires a new application. The estimated full unabated taxes for the 2024 tax year are $272,580 compared to the underwritten abated taxes of $27,258.

With respect to Loan No. 21, 3001-3003 Grand Concourse, the mortgaged property benefits from the 421-a tax abatement program. The mortgaged property is in its first year of the exemption, the exemption is equal to 100% of the taxable value over the taxable base value for the next 25 years, after which the exemption decreases to 98% for the next ten years, with the mortgage property becoming fully taxable in year 2060. According to the appraisal, the unabated real estate taxes would be approximately $261,947 for the 2024/2025 tax year compared to the abated taxes of $6,638 and the underwritten taxes of $6,637.

With respect to Loan No. 27, 1733 Bay Tower, the borrower benefits from a 15-year ICAP tax abatement under the New York City Department of Finance ICAP tax exemption program, which commenced in 2012/2013. The mortgaged property is currently in its 12th year of a 15-year abatement period. The ICAP tax abatement provides a (i) 100% abatement for the first 11 years and (ii) from year 12 through termination of the ICAP tax abatement in year 15, a 20% reduction in abatement benefits annually. The estimated full unabated taxes for the 2025/2026 tax year are $190,965, which estimated unabated tax amount was underwritten.

With respect to Loan No. 34, 1014 Ogden Avenue, the mortgaged property benefits from a 35-year 421-a tax abatement under the New York City Department of Housing Preservation & Development 421-a tax abatement program that commenced in December 2024. In connection with the 421-a tax abatement, the borrower is required to reserve at least 94.12% of the units (being 16 of the 17 residential units) at the mortgaged property for tenants earning up to 130% of the area median income, subject to certain rental restrictions. The 421-a tax abatement provides a 100% tax exemption for the first 25 years, and then drops to a percentage equal to the percentage of the affordable units (94.12%) for the remaining 10 years. According to the appraisal, the unabated real estate taxes would be approximately $57,351 and $103,004 for the 2025/2026 tax year and the 2026/2027 tax year, respectively, compared to the underwritten taxes of $9,369.

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(28)	With respect to Loan No. 10, 2481 Crotona Avenue, the borrower sponsors entered into a master lease with the borrower for one leased but not yet occupied commercial space totaling 2,400 square feet at the mortgaged property.

(29)	Property Located Within a Qualified Opportunity Zone (Y/N) reflects mortgaged properties that are located in qualified opportunity zones ("QOZs") under Internal Revenue Code § 1400Z-2 - Notice 2018-48 and Notice 2019-42. According to the Internal Revenue Service, (1) a QOZ is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment, and (2) localities qualify as QOZs if they have been nominated for that designation by a state, the District of Columbia, or a U.S. territory and that nomination has been certified by the Secretary of the Treasury via his delegation of authority to the Internal Revenue Service. No representation is made as to whether any Mortgaged Properties located in QOZs or the related borrowers are eligible for such preferential tax treatment or whether any qualifying investment has been made in a QOZ. ● Loan No. 10, 2481 Crotona Avenue

(30)	With respect to Loan No. 7, 299 Park Avenue, Sources: Other Sources ($) consists of existing reserve balance. With respect to the following mortgage loans, all of the multifamily units at the related mortgaged prop-erties are leased on a month-to-month basis. ● Loan No. 18, Michigan & Mitchell ● Loan No. 20, Wells Street Portfolio ● Loan No. 25, Hampton & Fond du Lac ● Loan No. 29, Chambers & Villard With respect to Loan No. 34, 1014 Ogden Avenue, the Largest Tenant % of NRA is calculated based on the total commercial square footage, excluding the multifamily space. With respect to Loan No. 42, 1040 Neilson Street Owners Corp. mortgage loan, the Whole Loan Cut-off Date Balance ($), Whole Loan Monthly Debt Service ($), Whole Loan Underwritten NCF DSCR (x), Whole Loan Underwritten NOI Debt Yield (%) and, Whole Loan Cut-off Date LTV Ratio (%) are calculated for the subordinate secured debt assuming (i) that interest on the subordinate secured indebtedness is accruing pursuant to the applicable loan document (with the applicable interest rate determined using the prime rate in effect as of January 30, 2025 and giving effect to any applicable interest rate floor), (ii) assuming that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date, and (iii) assuming that the scheduled principal and interest payments required under the Wrap Mortgage are based on the Wrap Mortgage Equity Amount. With respect to all residential cooperative mortgage loans sold to the trust by National Cooperative Bank, N.A., the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the residential cooperative mortgage loans sold to the trust, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor or is shown same as the borrower in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other mortgage loans is not presented with respect to the residential cooperative mortgage loans sold to the trust and is, instead, reflected as not applicable (NAP). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI ($), Second Most Recent NOI ($), Third Most Recent NOI ($), and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the residential cooperative mortgage loans sold to the trust. In addition, see ""Certain Characteristics of mortgage loans Secured by Residential Cooperatives"" with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow. The Coop - Rental Value of a residential cooperative property is the appraised value of such property assuming such property is operated as a multifamily rental property. Coop - Sponsor Units refers to the number of units owned by the original sponsor responsible for the property’s conversion into cooperative ownership. A sponsor may rent its units or opt to market them for sale (either individually or as a whole). Coop - Investor Units refers to a bulk number of units owned by a non-tenant

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	investor(s), who can rent or sell the units. Coop - Coop Units refers to the number of units owned by the borrower, which is a cooperative corporation. In this capacity, the cooperative may manage its units as an investor would or use the units for the benefit of its cooperative members. Coop – Unsold Percent refers to the ratio of the total number of units collectively owned by the original sponsor, a non-tenant investor or the cooperative corporation to the number of units with shares allocated. Coop - Sponsor/Investor Carry is the sponsor’s or the investor’s net cash flow calculated by subtracting maintenance charges on the sponsor or investor owned units from the actual rents payable on such units, to the extent available. With respect to the residential cooperative mortgage loans, the Underwritten Economic Occupancy (%) reported reflects the property vacancy assumption in the related appraisal for purposes of determining the Appraised Value of the related Mortgaged Property as a multifamily rental property (i.e., the Coop - Rental Value). The Whole loan Cut-off Date Balance ($), Whole loan Monthly Debt Service ($), Whole Loan Underwritten NCF DSCR (x), Whole Loan Underwritten NOI Debt Yield (%) and, Whole Loan Cut-off Date LTV Ratio (%) for the mortgage loans secured by residential cooperative properties that have existing subordinate secured debt are calculated assuming (i) that interest on the subordinate secured indebtedness is accruing pursuant to the applicable loan document (with the applicable interest rate determined using the Prime Rate in effect as of January 30, 2025 and giving effect to any applicable interest rate floor) and (ii) that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date.

(31)	With respect to Loan No. 9, UOVO Orangeburg, the Underwritten Net Operating Income is 37.0% higher than the Most Recent Net Operating Income due to the new 10-year Metropolitan Museum of Art lease for 20,500 square feet of private storage space that commenced in May 2024.

(32)	Intentionally Blank

(33)	With respect to Loan No. 3, 340 Mt Kemble, the borrowers own the mortgaged property as tenants-in-common. With respect to Loan No. 8, FedEx Portfolio, the borrowers own the mortgaged property as tenants-in-common.

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BMO 2025-C11 Mortgage Trust FWPFree writing prospectus