FWP 1 n3901_x5-annexa1.htm ANNEX A

 

    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-255934-09
     

 

 

BMO 2023-C7 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or BMO Capital Markets Corp., any other underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-866-864-7760 (8 a.m. – 5 p.m. EST).

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance.  None of BMO Capital Markets Corp., Citigroup Global Markets Inc., KeyBanc Capital Markets Inc., UBS Securities, LLC, Academy Securities, Inc., Bancroft Capital, LLC, Drexel Hamilton, LLC or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

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

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

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

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

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

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

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

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

 

   

 

BMO 2023-C7

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 Crossed Group Address
                1 25    
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 9.2% 100.0% BMO, Barclays, BANA BMO Group A NAP 5 Woodfield Mall
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 8.1% 100.0% WFBNA, CREFI, DBRI, SGFC CREFI Group A NAP 7000 and 7600 Arundel Mills Circle
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 5.4%   CREFI CREFI NAP NAP Various
3.01 Property   1 Three Bala Plaza 2.2% 41.3%         251 Saint Asaphs Road
3.02 Property   1 One Bala Plaza 2.1% 39.4%         231 Saint Asaphs Road
3.03 Property   1 Two Bala Plaza 1.0% 19.3%         333 East City Avenue
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 4.9%   KeyBank, Barclays, SGFC, BMO KeyBank NAP NAP Various
4.01 Property   1 Northwoods Marketplace 0.4% 8.3%         7612 and 7620 Rivers Avenue
4.02 Property   1 The Centrum 0.3% 6.6%         10200, 10400, 10404, 10408, 10412, 10416, 10420, 10500, 10610 Centrum Parkway
4.03 Property   1 Lawton Marketplace 0.3% 6.2%         1726, 1732, 1806, 1824, 1832, 1906, 1912, 1920, 1926, 2004, 2006, 1836, 1948, 2136 and 1754-1772 Northwest 82nd Street
4.04 Property   1 Carlisle Crossing 0.3% 6.1%         202, 214, 230-238, 248-266, 299 Westminster Drive
4.05 Property   1 Southway Shopping Center 0.3% 6.0%         8000-8230 South Gessner Road
4.06 Property   1 Parkway Centre South 0.3% 5.2%         1701-1751 Stringtown Road
4.07 Property   1 Houma Crossing 0.2% 5.0%         1779, 1781, 1783 and 1785 Martin Luther King Jr. Boulevard
4.08 Property   1 North Lake Square 0.2% 4.9%         1122, 1134, 1146, 1150, 1154, 1160 Dawsonville Highway
4.09 Property   1 Liberty Crossing 0.2% 4.8%         5601, 5701-5709 President George Bush Highway
4.10 Property   1 Owensboro Town Center 0.2% 4.6%         5099, 5101, 5115, 5135, 5241 Frederica Street
4.11 Property   1 Harbor Town Center 0.2% 3.7%         4125, 4140, 4144 Harbor Town Lane, 4411, 4421 Dewey Street and 4450 Calumet Avenue
4.12 Property   1 Lord Salisbury Center 0.2% 3.5%         2637, 2639, 2641, 2649, 2653, 2657 North Salisbury Boulevard
4.13 Property   1 Terrell Mill Village 0.2% 3.5%         1453 Terrell Mill Road Southeast
4.14 Property   1 The Ridge at Turtle Creek 0.2% 3.1%         6169, 6173, and 6175 US Highway 98
4.15 Property   1 Nordstrom Rack 0.1% 3.0%         1702 North Dale Mabry Highway
4.16 Property   1 Ventura Place 0.1% 2.8%         8810, 8850, 8900 Holly Avenue Northeast
4.17 Property   1 Quail Springs 0.1% 2.7%         2201 and 2135 West Memorial Road
4.18 Property   1 Wallace Commons 0.1% 2.6%         1311, 1317, 1321, 1325, 1333, 1345, 1349, 1371 and 1395 Klumac Road
4.19 Property   1 Waterford Park South 0.1% 2.5%         1020 and 1040 Veterans Parkway
4.20 Property   1 Evergreen Marketplace 0.1% 2.3%         9140, 9142, 9144 South Western Avenue
4.21 Property   1 Derby Marketplace 0.1% 2.1%         1712, 1800, 1812 North Rock Road
4.22 Property   1 Stoneridge Village 0.1% 2.1%         707, 731, 735, 739 Stoneridge Parkway
4.23 Property   1 FreshThyme & DSW 0.1% 1.5%         4302-4320 Coldwater Road
4.24 Property   1 Crossroads Annex 0.1% 1.4%         609 Settlers Trace Boulevard
4.25 Property   1 Tellico Village 0.1% 1.3%         101 Cheeyo Way
4.26 Property   1 Walmart Neighborhood Market 0.1% 1.2%         10635, 10645, 10655 Dorchester Road
4.27 Property   1 PetSmart & Old Navy 0.1% 1.1%         2389-2409 Taylor Park Drive
4.28 Property   1 Sutters Creek 0.1% 1.0%         750, 760, 794 Sutter's Creek Boulevard
4.29 Property   1 Mattress Firm & Panera Bread 0.0% 0.9%         38295-38305 Chestnut Ridge Road
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 4.9% 100.0% SMC SMC NAP NAP 2136 Honeywell Avenue
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 4.6%   BMO BMO NAP NAP Various
6.01 Property   1 1-4 Plant Street & 41 Wall Street 3.6% 77.6%         1-4 Plant Street & 41 Wall Street
6.02 Property   1 2222 & 2300 Highland Road 1.0% 22.4%         2222 & 2300 Highland Road
7 Loan 12, 16, 27 1 The Park at Trowbridge 4.5% 100.0% BMO BMO NAP NAP 24111 Civic Center Drive
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 4.5%   UBS AG UBS AG NAP NAP Various
8.01 Property   1 The Residence at Patriot Place 2.3% 52.3%         3626, 3700 & 3708 Buena Vista Road
8.02 Property   1 Magnolia Manor 1.1% 24.2%         132 14th Avenue Northeast
8.03 Property   1 The Retreat at Ragan Park 1.0% 23.5%         2730 & 2800 Masseyville Road
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks 4.2%   GSBI BMO NAP NAP Various
9.01 Property   1 6940 Cornhusker Highway 1.3% 30.6%         6940 Cornhusker Highway
9.02 Property   1 221 Law Street 1.1% 26.6%         221 Law Street
9.03 Property   1 1956 Singleton Boulevard 1.0% 22.7%         1956 Singleton Boulevard
9.04 Property   1 351 21st Street 0.5% 11.5%         351 21st Street
9.05 Property   1 161 Lorne Avenue West 0.2% 4.0%         161 Lorne Avenue West
9.06 Property   1 18300 Market Street 0.1% 2.4%         18300 Market Street
9.07 Property   1 3232 West Lancaster Avenue 0.1% 2.2%         3232 West Lancaster Avenue
10 Loan 6, 16 2 Metra Portfolio 3.7%   CREFI CREFI NAP NAP Various
10.01 Property   1 Belding 3.1% 84.2%         7200 Industrial Drive
10.02 Property   1 Grand Rapids 0.6% 15.8%         3801 36th Street Southeast
11 Loan 20 1 Utica Park Place 3.7% 100.0% GSC2 GCMC NAP NAP 45160 and 45520 Utica Park Boulevard
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 3.6% 100.0% UBS AG, LMF, BANA UBS AG NAP NAP 11 West 42nd Street
13 Loan 6, 7, 19, 30 2 OPI Portfolio 3.4%   UBS AG UBS AG NAP NAP Various
13.01 Property   1 1 Primerica Parkway 2.4% 71.4%         1 Primerica Parkway
13.02 Property   1 701 Clay Avenue 1.0% 28.6%         701 Clay Avenue
14 Loan 1, 7, 12, 26 1 Creekside Town Center 3.2% 100.0% 3650 REIT 2 BMO NAP NAP 1180-1256 Galleria Boulevard
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 3.2% 100.0% CREFI CREFI NAP NAP 1800 East Golf Road
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 3.2% 100.0% Regions Regions NAP NAP 5022 West Main Street
17 Loan   1 Magnolia Cove Apartments 3.1% 100.0% SMC SMC NAP NAP 101, 103, 181, 185 and 197 Goodson Drive
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 2.7% 100.0% MSBNA BMO NAP NAP 60 Hudson Street
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 2.4%   BMO BMO NAP NAP Various
19.01 Property   1 Knoll Ridge Apartments I 1.4% 58.2%         11510 Kirkwood Drive
19.02 Property   1 Knoll Ridge Apartments II 0.5% 21.5%         11343 East New York Street
19.03 Property   1 Knoll Ridge Apartments III 0.5% 20.3%         11300 East Washington Street
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 2.3% 100.0% CREFI CREFI NAP NAP 645 North Michigan Avenue
21 Loan 19, 20 1 Chesterfield Marketplace 2.1% 100.0% Regions Regions NAP NAP 1201-1350 Carmia Way and 11110 and 11122 Midlothian Turnpike
22 Loan 19, 33 1 3 Palms Resort 2.0% 100.0% CREFI CREFI NAP NAP 7707 East McDowell Road

 

 A-1 

 

BMO 2023-C7

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 Crossed Group Address
                1 25    
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 2.0% 100.0% Regions Regions NAP NAP 145 and 165 Holt Garrison Parkway
24 Loan   1 SOS Storage Center 1.9% 100.0% GSC GCMC NAP NAP 19840 Pioneer Avenue
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 1.8%   BMO BMO NAP NAP Various
25.01 Property   1 Twin County Plaza 0.3% 15.1%         1065 East Stuart Drive
25.02 Property   1 Prestonsburg Village 0.3% 15.1%         308 Village Drive
25.03 Property   1 Village Center 0.2% 11.9%         1501-1541 East Tipton Street
25.04 Property   1 River Creek Village 0.2% 11.7%         13888-13950 Wilson Creek Road
25.05 Property   1 Jackson Park 0.2% 9.8%         1200 & 1300 Block East Tipton Street
25.06 Property   1 Wabash Crossing West 0.2% 8.7%         1495 North Cass Street
25.07 Property   1 Oak Station 0.1% 8.0%         4700 Highway 90
25.08 Property   1 College Square Plaza 0.1% 6.1%         410-732 South College Avenue
25.09 Property   1 Lowell Plaza 0.1% 5.0%         1918-1924 East Commercial Avenue
25.10 Property   1 Flint River Plaza 0.1% 4.9%         508 Spaulding Road
25.11 Property   1 Jackson Square 0.1% 3.8%         2415 College Avenue
26 Loan 19, 27 1 Holiday Inn Kansas City 1.3% 100.0% SMC SMC Group B NAP 4101 North Corrington Avenue
27 Loan 23 1 Terraces at Windy Hill 1.1% 100.0% Regions Regions NAP NAP 3000 Windy Hill Road Southeast
28 Loan 16, 19, 20 1 Empire Burbank 0.9% 100.0% Regions Regions NAP NAP 2507-2521 West Empire Avenue and 2012 North Frederic Street
29 Loan 19 1 Best Western Plus Wichita West Airport 0.8% 100.0% SMC SMC Group B NAP 3800 West Kellogg Drive
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 0.8% 100.0% UBS AG UBS AG NAP NAP 1700 South Washington Ave
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 0.6% 100.0% Regions Regions NAP NAP 806-862 Southwest Blue Parkway and 400-404 Southwest Nichols Street
32 Loan 2, 15, 22 1 11 West Prospect Avenue 0.2% 100.0% GSC2 GCMC NAP NAP 11 West Prospect Avenue

 

 A-2 

 

BMO 2023-C7

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 Number of Units Unit of Measure Loan Per Unit ($)
                  2 2     3   7
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall Schaumburg Cook IL 60173 Retail Super Regional Mall 1971, 1995 2015, 2016, 2018 1,064,590 SF 247.98
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace Hanover Anne Arundel  MD 21076 Retail Super Regional Mall 2000, 2002, 2012  NAP 1,938,983 SF 185.66
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio Bala Cynwyd Montgomery PA 19004 Various Various Various Various 1,136,771 SF 87.53
3.01 Property   1 Three Bala Plaza Bala Cynwyd Montgomery PA 19004 Office Suburban 1983 2020 390,899 SF  
3.02 Property   1 One Bala Plaza Bala Cynwyd Montgomery PA 19004 Office Suburban 1968 2021 386,788 SF  
3.03 Property   1 Two Bala Plaza Bala Cynwyd Montgomery PA 19004 Mixed Use Office/Retail 1969 2020 359,084 SF  
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio Various Various Various Various Retail Various Various Various 3,117,102 SF 83.41
4.01 Property   1 Northwoods Marketplace North Charleston Charleston SC 29406 Retail Anchored 1998 NAP 236,078 SF  
4.02 Property   1 The Centrum Pineville Mecklenburg NC 28134 Retail Anchored 1997 2020 274,446 SF  
4.03 Property   1 Lawton Marketplace Lawton Comanche OK 73505 Retail Anchored 2013 2023 196,715 SF  
4.04 Property   1 Carlisle Crossing Carlisle Cumberland PA 17013 Retail Anchored 2005 NAP 152,487 SF  
4.05 Property   1 Southway Shopping Center Houston Harris TX 77036 Retail Anchored 1976-2011 NAP 181,836 SF  
4.06 Property   1 Parkway Centre South Grove City Franklin OH 43123 Retail Anchored 2004 NAP 131,887 SF  
4.07 Property   1 Houma Crossing Houma Terrebonne LA 70360 Retail Anchored 2008 NAP 181,423 SF  
4.08 Property   1 North Lake Square Gainesville Hall GA 30501 Retail Anchored 2015, 2016 NAP 140,116 SF  
4.09 Property   1 Liberty Crossing Rowlett Dallas TX 75089 Retail Anchored 2007 NAP 105,769 SF  
4.10 Property   1 Owensboro Town Center Owensboro Daviess KY 42301 Retail Anchored 1992, 1996, 1997, 1999 2010, 2015 164,941 SF  
4.11 Property   1 Harbor Town Center Manitowoc Manitowoc WI 54220 Retail Anchored 2005 NAP 138,744 SF  
4.12 Property   1 Lord Salisbury Center Salisbury Wicomico MD 21801 Retail Anchored 2005 NAP 113,821 SF  
4.13 Property   1 Terrell Mill Village Marietta Cobb GA 30067 Retail Anchored 1974 2012 75,184 SF  
4.14 Property   1 The Ridge at Turtle Creek Hattiesburg Lamar MS 39402 Retail Anchored 1992 NAP 98,705 SF  
4.15 Property   1 Nordstrom Rack Tampa Hillsborough FL 33607 Retail Shadow Anchored 1994 NAP 45,457 SF  
4.16 Property   1 Ventura Place Albuquerque Bernalillo NM 87122 Retail Anchored 2008 NAP 66,595 SF  
4.17 Property   1 Quail Springs Oklahoma City Oklahoma OK 73134 Retail Anchored 1984 2004 100,404 SF  
4.18 Property   1 Wallace Commons Salisbury Rowan NC 28147 Retail Anchored 2008 NAP 98,509 SF  
4.19 Property   1 Waterford Park South Clarksville Clark IN 47129 Retail Anchored 2005, 2006 2008 91,906 SF  
4.20 Property   1 Evergreen Marketplace Evergreen Park Cook IL 60805 Retail Anchored 2013 NAP 49,842 SF  
4.21 Property   1 Derby Marketplace Derby Sedgwick KS 67037 Retail Anchored 2015 NAP 100,000 SF  
4.22 Property   1 Stoneridge Village Jefferson City Cole MO 65109 Retail Anchored 2008 NAP 72,483 SF  
4.23 Property   1 FreshThyme & DSW Fort Wayne Allen IN 46805 Retail Anchored 1985 2014 49,033 SF  
4.24 Property   1 Crossroads Annex Lafayette Lafayette LA 70508 Retail Anchored 2012 NAP 40,578 SF  
4.25 Property   1 Tellico Village Loudon Loudon TN 37774 Retail Anchored 2008 NAP 40,928 SF  
4.26 Property   1 Walmart Neighborhood Market Summerville Dorchester SC 29485 Retail Anchored 2015 NAP 51,441 SF  
4.27 Property   1 PetSmart & Old Navy Reynoldsburg Fairfield OH 43068 Retail Anchored 2012 NAP 28,970 SF  
4.28 Property   1 Sutters Creek Rocky Mount Nash NC 27804 Retail Anchored 1996 NAP 80,004 SF  
4.29 Property   1 Mattress Firm & Panera Bread Elyria Lorain OH 44035 Retail Shadow Anchored 2016 NAP 8,800 SF  
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue Bronx Bronx NY 10460 Multifamily Mid Rise 2023 NAP 101 Units 356,435.64
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio Various Various Various Various Industrial Warehouse/Manufacturing Various Various 560,141 SF 60.70
6.01 Property   1 1-4 Plant Street & 41 Wall Street Plattsburgh Clinton NY 12901 Industrial Warehouse/Manufacturing 1978 2000 410,837 SF  
6.02 Property   1 2222 & 2300 Highland Road Twinsburg Summit OH 44087 Industrial Warehouse/Manufacturing 1966 2023 149,304 SF  
7 Loan 12, 16, 27 1 The Park at Trowbridge Southfield Oakland MI 48033 Multifamily Mid Rise 1988 2023 320 Units 103,125.00
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio Various Various Various Various Multifamily Garden Various 2023 523 Units 63,097.51
8.01 Property   1 The Residence at Patriot Place Columbus Muscogee GA 31906 Multifamily Garden 1972 2023 257 Units  
8.02 Property   1 Magnolia Manor Birmingham Jefferson AL 35215 Multifamily Garden 1970, 1979, 1987 2023 122 Units  
8.03 Property   1 The Retreat at Ragan Park Macon Bibb GA 31217 Multifamily Garden 1973 2023 144 Units  
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks Various Various Various Various Industrial Warehouse/Manufacturing Various Various 799,679 SF 39.20
9.01 Property   1 6940 Cornhusker Highway Lincoln Lancaster NE 68507 Industrial Warehouse/Manufacturing 1962 2016 188,604 SF  
9.02 Property   1 221 Law Street Thomasville Thomas GA 31792 Industrial Warehouse/Manufacturing 1967 1982, 1995, 2011 235,000 SF  
9.03 Property   1 1956 Singleton Boulevard Dallas Dallas TX 75212 Industrial Warehouse/Manufacturing 1957-1983 NAP 122,549 SF  
9.04 Property   1 351 21st Street Monroe Green WI 53566 Industrial Warehouse/Manufacturing 1958-1995 NAP 87,241 SF  
9.05 Property   1 161 Lorne Avenue West Stratford Perth ON N5A 6S4 Industrial Warehouse/Manufacturing 1958-2008 NAP 118,585 SF  
9.06 Property   1 18300 Market Street Channelview Harris TX 77530 Industrial Warehouse/Manufacturing 2001 NAP 7,500 SF  
9.07 Property   1 3232 West Lancaster Avenue Milwaukee Milwaukee WI 53209 Industrial Warehouse/Manufacturing 1925-1933 NAP 40,200 SF  
10 Loan 6, 16 2 Metra Portfolio Various Various MI Various Industrial Manufacturing Various Various 450,104 SF 60.47
10.01 Property   1 Belding Belding Ionia MI 48809 Industrial Manufacturing 1989, 2017, 2022 2018 380,325 SF  
10.02 Property   1 Grand Rapids Kentwood Kent MI 49512 Industrial Manufacturing 1966 2020 69,779 SF  
11 Loan 20 1 Utica Park Place Utica Macomb  MI 48315 Retail Anchored 1992 NAP 494,855 SF 54.56
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street New York New York NY 10036 Office CBD 1927 2018 960,568 SF 285.25
13 Loan 6, 7, 19, 30 2 OPI Portfolio Various Various Various Various Office Various Various Various 483,084 SF 112.40
13.01 Property   1 1 Primerica Parkway Duluth Gwinnett GA 30099 Office Suburban 2013 NAP 344,476 SF  
13.02 Property   1 701 Clay Avenue Waco McLennan TX 76706 Office CBD 1997 2021 138,608 SF  
14 Loan 1, 7, 12, 26 1 Creekside Town Center Roseville Placer CA 95678 Retail Anchored 1999-2001 NAP 360,891 SF 198.19
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg Schaumburg Cook IL 60173 Hospitality Full Service 1981 2018 468 Rooms 51,282.05
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion Kalamazoo Kalamazoo MI 49009 Retail Anchored 1971-2013 NAP 275,854 SF 84.53
17 Loan   1 Magnolia Cove Apartments Houston Harris TX 77060 Multifamily Garden 1973 2018 376 Units 61,170.21
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson New York New York NY 10013 Other Data Center 1930 2013 1,149,619 SF 243.56
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments Indianapolis Marion IN 46229 Multifamily Garden 1970 2022 354 Units 120,056.50
19.01 Property   1 Knoll Ridge Apartments I Indianapolis Marion IN 46229 Multifamily Garden 1970 2022 200 Units  
19.02 Property   1 Knoll Ridge Apartments II Indianapolis Marion IN 46229 Multifamily Garden 1970 2022 80 Units  
19.03 Property   1 Knoll Ridge Apartments III Indianapolis Marion IN 46229 Multifamily Garden 1970 2022 74 Units  
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue Chicago Cook IL 60611 Mixed Use Medical Office/Retail 1962 2022 193,031 SF 284.93
21 Loan 19, 20 1 Chesterfield Marketplace Richmond Chesterfield VA 23235 Retail Anchored 1998 NAP 199,391 SF 78.56
22 Loan 19, 33 1 3 Palms Resort Scottsdale Maricopa AZ 85257 Hospitality Limited Service 1980 2017 130 Rooms 115,000.00

 

 A-3 

 

BMO 2023-C7

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 Number of Units Unit of Measure Loan Per Unit ($)
                  2 2     3   7
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace Danville Danville City /
Pittsylvania County		 VA 24540 Retail Anchored 2007-2008 NAP 201,675 SF 71.76
24 Loan   1 SOS Storage Center Torrance Los Angeles CA 90503 Self Storage Self Storage 1992 2008 121,267 SF 115.45
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio Various Various Various Various Retail Various Various Various 1,395,539 SF 37.98
25.01 Property   1 Twin County Plaza Galax Galax City VA 24333 Retail Anchored 1988 NAP 164,719 SF  
25.02 Property   1 Prestonsburg Village Prestonsburg Floyd KY 41653 Retail Anchored 1985 NAP 178,585 SF  
25.03 Property   1 Village Center Seymour Jackson IN 47274 Retail Anchored 1987 2000 144,280 SF  
25.04 Property   1 River Creek Village Aurora Dearborn IN 47001 Retail Anchored 1988, 2003 NAP 132,491 SF  
25.05 Property   1 Jackson Park Seymour Jackson IN 47274 Retail Anchored 1970 2010 124,940 SF  
25.06 Property   1 Wabash Crossing West Wabash  Wabash IN 46992 Retail Shadow Anchored 1988 1996 132,304 SF  
25.07 Property   1 Oak Station Marianna Jackson FL 32446 Retail Unanchored 1989 NAP 153,588 SF  
25.08 Property   1 College Square Plaza Rensselaer Jasper IN 47978 Retail Anchored 1977 2005 148,958 SF  
25.09 Property   1 Lowell Plaza Lowell  Lake IN 46356 Retail Anchored 1978 2013 61,504 SF  
25.10 Property   1 Flint River Plaza Montezuma Macon GA 31063 Retail Anchored 1981 NAP 78,499 SF  
25.11 Property   1 Jackson Square Jackson Clarke AL 36545 Retail Anchored 1974 NAP 75,671 SF  
26 Loan 19, 27 1 Holiday Inn Kansas City Kansas City Clay MO 64117 Hospitality Full Service 2019 NAP 126 Rooms 75,396.83
27 Loan 23 1 Terraces at Windy Hill Marietta Cobb GA 30067 Retail Unanchored 1980 NAP 74,528 SF 114.05
28 Loan 16, 19, 20 1 Empire Burbank Burbank Los Angeles CA 91504 Office Suburban 1977 2022-2023 16,392 SF 390.43
29 Loan 19 1 Best Western Plus Wichita West Airport Wichita Sedgwick KS 67213 Hospitality Limited Service 1995 2016 121 Rooms 46,280.99
30 Loan 16, 19 1 Babcock & Wilcox - Chanute Chanute Neosho KS 66720 Industrial Manufacturing 1961 2002 215,980 SF 25.81
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center Lee's Summit Jackson MO 64063 Retail Unanchored 1965 2022 55,859 SF 75.64
32 Loan 2, 15, 22 1 11 West Prospect Avenue Mount Vernon Westchester NY 10550 Mixed Use Office/Retail 1950 NAP 16,850 SF 100.84

 

 A-4 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type
          6, 7 6, 7 6, 7   8   9 9 9 9  
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 68,000,000 68,000,000 68,000,000 6.335403409% 0.016250% 6.319153409% NAP 363,992.39 NAP 4,367,908.68 Interest Only
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 60,000,000 60,000,000 60,000,000 7.70100% 0.017500% 7.68350% NAP 390,397.92 NAP 4,684,775.04 Interest Only
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 40,000,000 40,000,000 40,000,000 8.71000% 0.016250% 8.69375% NAP 294,365.74 NAP 3,532,388.88 Interest Only
3.01 Property   1 Three Bala Plaza 16,523,605 16,523,605 16,523,605                
3.02 Property   1 One Bala Plaza 15,751,073 15,751,073 15,751,073                
3.03 Property   1 Two Bala Plaza 7,725,322 7,725,322 7,725,322                
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 36,000,000 36,000,000 36,000,000 6.44575% 0.016250% 6.42950% NAP 196,058.23 NAP 2,352,698.76 Interest Only
4.01 Property   1 Northwoods Marketplace 2,976,923 2,976,923 2,976,923                
4.02 Property   1 The Centrum 2,382,923 2,382,923 2,382,923                
4.03 Property   1 Lawton Marketplace 2,240,308 2,240,308 2,240,308                
4.04 Property   1 Carlisle Crossing 2,182,154 2,182,154 2,182,154                
4.05 Property   1 Southway Shopping Center 2,168,308 2,168,308 2,168,308                
4.06 Property   1 Parkway Centre South 1,876,154 1,876,154 1,876,154                
4.07 Property   1 Houma Crossing 1,791,692 1,791,692 1,791,692                
4.08 Property   1 North Lake Square 1,770,923 1,770,923 1,770,923                
4.09 Property   1 Liberty Crossing 1,726,615 1,726,615 1,726,615                
4.10 Property   1 Owensboro Town Center 1,640,769 1,640,769 1,640,769                
4.11 Property   1 Harbor Town Center 1,329,231 1,329,231 1,329,231                
4.12 Property   1 Lord Salisbury Center 1,265,538 1,265,538 1,265,538                
4.13 Property   1 Terrell Mill Village 1,243,385 1,243,385 1,243,385                
4.14 Property   1 The Ridge at Turtle Creek 1,120,154 1,120,154 1,120,154                
4.15 Property   1 Nordstrom Rack 1,068,923 1,068,923 1,068,923                
4.16 Property   1 Ventura Place 1,017,692 1,017,692 1,017,692                
4.17 Property   1 Quail Springs 960,923 960,923 960,923                
4.18 Property   1 Wallace Commons 924,923 924,923 924,923                
4.19 Property   1 Waterford Park South 911,077 911,077 911,077                
4.20 Property   1 Evergreen Marketplace 823,846 823,846 823,846                
4.21 Property   1 Derby Marketplace 758,769 758,769 758,769                
4.22 Property   1 Stoneridge Village 740,769 740,769 740,769                
4.23 Property   1 FreshThyme & DSW 541,385 541,385 541,385                
4.24 Property   1 Crossroads Annex 513,692 513,692 513,692                
4.25 Property   1 Tellico Village 476,308 476,308 476,308                
4.26 Property   1 Walmart Neighborhood Market 448,615 448,615 448,615                
4.27 Property   1 PetSmart & Old Navy 411,231 411,231 411,231                
4.28 Property   1 Sutters Creek 372,462 372,462 372,462                
4.29 Property   1 Mattress Firm & Panera Bread 314,308 314,308 314,308                
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 36,000,000 36,000,000 33,275,232 7.25000% 0.016250% 7.23375% 245,583.46 220,520.83 2,947,001.52 2,646,250.00 Interest Only, Amortizing Balloon
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 34,000,000 34,000,000 34,000,000 6.09000% 0.016250% 6.07375% NAP 174,946.53 NAP 2,099,358.36 Interest Only
6.01 Property   1 1-4 Plant Street & 41 Wall Street 26,391,691 26,391,691 26,391,691                
6.02 Property   1 2222 & 2300 Highland Road 7,608,309 7,608,309 7,608,309                
7 Loan 12, 16, 27 1 The Park at Trowbridge 33,000,000 33,000,000 33,000,000 7.28000% 0.016250% 7.26375% NAP 202,980.56 NAP 2,435,766.72 Interest Only
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 33,000,000 33,000,000 33,000,000 6.75100% 0.016250% 6.73475% NAP 188,231.01 NAP 2,258,772.12 Interest Only
8.01 Property   1 The Residence at Patriot Place 17,250,000 17,250,000 17,250,000                
8.02 Property   1 Magnolia Manor 8,000,000 8,000,000 8,000,000                
8.03 Property   1 The Retreat at Ragan Park 7,750,000 7,750,000 7,750,000                
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks 31,350,000 31,350,000 31,350,000 6.32300% 0.016250% 6.30675% NAP 167,482.66 NAP 2,009,791.92 Interest Only
9.01 Property   1 6940 Cornhusker Highway 9,597,270 9,597,270 9,597,270                
9.02 Property   1 221 Law Street 8,330,361 8,330,361 8,330,361                
9.03 Property   1 1956 Singleton Boulevard 7,115,517 7,115,517 7,115,517                
9.04 Property   1 351 21st Street 3,615,608 3,615,608 3,615,608                
9.05 Property   1 161 Lorne Avenue West 1,245,000 1,245,000 1,245,000                
9.06 Property   1 18300 Market Street 752,047 752,047 752,047                
9.07 Property   1 3232 West Lancaster Avenue 694,197 694,197 694,197                
10 Loan 6, 16 2 Metra Portfolio 27,216,296 27,216,296 25,258,092 7.50000% 0.016250% 7.48375% 190,300.29 172,464.38 2,283,603.48 2,069,572.56 Interest Only, Amortizing Balloon
10.01 Property   1 Belding 22,922,737 22,922,737 21,273,454                
10.02 Property   1 Grand Rapids 4,293,559 4,293,559 3,984,639                
11 Loan 20 1 Utica Park Place 27,000,000 27,000,000 27,000,000 7.75000% 0.065000% 7.68500% NAP 176,796.88 NAP 2,121,562.56 Interest Only
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 26,333,333 26,333,333 26,333,333 7.44000% 0.017500% 7.42250% NAP 165,534.26 NAP 1,986,411.12 Interest Only
13 Loan 6, 7, 19, 30 2 OPI Portfolio 25,000,000 25,000,000 25,000,000 7.67100% 0.016250% 7.65475% NAP 162,032.12 NAP 1,944,385.44 Interest Only
13.01 Property   1 1 Primerica Parkway 17,855,433 17,855,433 17,855,433                
13.02 Property   1 701 Clay Avenue 7,144,567 7,144,567 7,144,567                
14 Loan 1, 7, 12, 26 1 Creekside Town Center 24,000,000 24,000,000 24,000,000 7.28000% 0.016250% 7.26375% NAP 147,622.22 NAP 1,771,466.64 Interest Only
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 24,000,000 24,000,000 24,000,000 8.55000% 0.016250% 8.53375% NAP 173,375.00 NAP 2,080,500.00 Interest Only
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 23,318,000 23,318,000 21,103,490 6.07000% 0.095000% 5.97500% 140,854.33 119,588.41 1,690,251.96 1,435,060.92 Interest Only, Amortizing Balloon
17 Loan   1 Magnolia Cove Apartments 23,000,000 23,000,000 23,000,000 7.28000% 0.016250% 7.26375% NAP 141,471.30 NAP 1,697,655.56 Interest Only
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 20,000,000 20,000,000 20,000,000 5.88500% 0.017500% 5.86750% NAP 99,445.60 NAP 1,193,347.20 Interest Only
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 17,500,000 17,500,000 17,500,000 7.22000% 0.016250% 7.20375% NAP 106,754.05 NAP 1,281,048.60 Interest Only
19.01 Property   1 Knoll Ridge Apartments I 10,191,176 10,191,176 10,191,176                
19.02 Property   1 Knoll Ridge Apartments II 3,763,529 3,763,529 3,763,529                
19.03 Property   1 Knoll Ridge Apartments III 3,545,294 3,545,294 3,545,294                
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 17,000,000 17,000,000 15,066,807 7.62000% 0.016250% 7.60375% 120,266.47 NAP 1,443,197.64 NAP Amortizing Balloon
21 Loan 19, 20 1 Chesterfield Marketplace 15,665,000 15,665,000 14,074,962 6.62300% 0.095000% 6.52800% 100,284.00 87,658.55 1,203,408.00 1,051,902.60 Interest Only, Amortizing Balloon
22 Loan 19, 33 1 3 Palms Resort 14,950,000 14,950,000 14,101,163 8.57000% 0.016250% 8.55375% 115,695.05 108,250.80 1,388,340.60 1,299,009.60 Interest Only, Amortizing Balloon

 

 A-5 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate % Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type
          6, 7 6, 7 6, 7   8   9 9 9 9  
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 14,473,000 14,473,000 13,011,088 6.65000% 0.095000% 6.55500% 92,911.58 81,318.49 1,114,938.96 975,821.88 Interest Only, Amortizing Balloon
24 Loan   1 SOS Storage Center 14,000,000 14,000,000 14,000,000 7.58000% 0.016250% 7.56375% NAP 89,661.57 NAP 1,075,938.84 Interest Only
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 13,000,000 13,000,000 13,000,000 6.81500% 0.016250% 6.79875% NAP 74,854.57 NAP 898,254.84 Interest Only
25.01 Property   1 Twin County Plaza 1,962,264 1,962,264 1,962,264                
25.02 Property   1 Prestonsburg Village 1,962,264 1,962,264 1,962,264                
25.03 Property   1 Village Center 1,545,283 1,545,283 1,545,283                
25.04 Property   1 River Creek Village 1,520,755 1,520,755 1,520,755                
25.05 Property   1 Jackson Park 1,271,792 1,271,792 1,271,792                
25.06 Property   1 Wabash Crossing West 1,128,302 1,128,302 1,128,302                
25.07 Property   1 Oak Station 1,040,000 1,040,000 1,040,000                
25.08 Property   1 College Square Plaza 797,170 797,170 797,170                
25.09 Property   1 Lowell Plaza 643,868 643,868 643,868                
25.10 Property   1 Flint River Plaza 637,736 637,736 637,736                
25.11 Property   1 Jackson Square 490,566 490,566 490,566                
26 Loan 19, 27 1 Holiday Inn Kansas City 9,500,000 9,500,000 8,577,922 8.40000% 0.016250% 8.38375% 72,374.58 NAP 868,494.96 NAP Amortizing Balloon
27 Loan 23 1 Terraces at Windy Hill 8,500,000 8,500,000 8,500,000 7.00000% 0.095000% 6.90500% NAP 50,271.99 NAP 603,263.88 Interest Only
28 Loan 16, 19, 20 1 Empire Burbank 6,400,000 6,400,000 6,400,000 6.59000% 0.095000% 6.49500% NAP 35,634.81 NAP 427,617.72 Interest Only
29 Loan 19 1 Best Western Plus Wichita West Airport 5,600,000 5,600,000 5,056,459 8.40000% 0.016250% 8.38375% 42,662.91 NAP 511,954.92 NAP Amortizing Balloon
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 5,575,000 5,575,000 5,575,000 5.73150% 0.016250% 5.71525% NAP 26,997.42 NAP 323,969.04 Interest Only
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 4,225,000 4,225,000 3,786,567 5.58000% 0.095000% 5.48500% 24,201.58 19,919.11 290,418.96 239,029.32 Interest Only, Amortizing Balloon
32 Loan 2, 15, 22 1 11 West Prospect Avenue 1,700,000 1,699,137 1,566,832 9.35000% 0.016250% 9.33375% 14,108.85 NAP 169,306.20 NAP Amortizing Balloon

 

 A-6 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date
                                 
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall No Actual/360 120 120 120 120 0 0 11/22/2023 0 1 1/1/2024
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace No Actual/360 120 119 120 119 0 0 10/5/2023 1 1 12/1/2023
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio No Actual/360 60 59 60 59 0 0 11/2/2023 1 6 12/6/2023
3.01 Property   1 Three Bala Plaza                        
3.02 Property   1 One Bala Plaza                        
3.03 Property   1 Two Bala Plaza                        
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio No Actual/360 120 117 120 117 0 0 8/30/2023 3 6 10/6/2023
4.01 Property   1 Northwoods Marketplace                        
4.02 Property   1 The Centrum                        
4.03 Property   1 Lawton Marketplace                        
4.04 Property   1 Carlisle Crossing                        
4.05 Property   1 Southway Shopping Center                        
4.06 Property   1 Parkway Centre South                        
4.07 Property   1 Houma Crossing                        
4.08 Property   1 North Lake Square                        
4.09 Property   1 Liberty Crossing                        
4.10 Property   1 Owensboro Town Center                        
4.11 Property   1 Harbor Town Center                        
4.12 Property   1 Lord Salisbury Center                        
4.13 Property   1 Terrell Mill Village                        
4.14 Property   1 The Ridge at Turtle Creek                        
4.15 Property   1 Nordstrom Rack                        
4.16 Property   1 Ventura Place                        
4.17 Property   1 Quail Springs                        
4.18 Property   1 Wallace Commons                        
4.19 Property   1 Waterford Park South                        
4.20 Property   1 Evergreen Marketplace                        
4.21 Property   1 Derby Marketplace                        
4.22 Property   1 Stoneridge Village                        
4.23 Property   1 FreshThyme & DSW                        
4.24 Property   1 Crossroads Annex                        
4.25 Property   1 Tellico Village                        
4.26 Property   1 Walmart Neighborhood Market                        
4.27 Property   1 PetSmart & Old Navy                        
4.28 Property   1 Sutters Creek                        
4.29 Property   1 Mattress Firm & Panera Bread                        
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue No Actual/360 36 36 120 120 360 360 11/17/2023 0 6 1/6/2024
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio No Actual/360 120 120 120 120 0 0 11/17/2023 0 6 1/6/2024
6.01 Property   1 1-4 Plant Street & 41 Wall Street                        
6.02 Property   1 2222 & 2300 Highland Road                        
7 Loan 12, 16, 27 1 The Park at Trowbridge No Actual/360 120 119 120 119 0 0 11/6/2023 1 6 12/6/2023
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio No Actual/360 60 60 60 60 0 0 11/17/2023 0 6 1/6/2024
8.01 Property   1 The Residence at Patriot Place                        
8.02 Property   1 Magnolia Manor                        
8.03 Property   1 The Retreat at Ragan Park                        
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks No Actual/360 120 120 120 120 0 0 11/17/2023 0 6 1/6/2024
9.01 Property   1 6940 Cornhusker Highway                        
9.02 Property   1 221 Law Street                        
9.03 Property   1 1956 Singleton Boulevard                        
9.04 Property   1 351 21st Street                        
9.05 Property   1 161 Lorne Avenue West                        
9.06 Property   1 18300 Market Street                        
9.07 Property   1 3232 West Lancaster Avenue                        
10 Loan 6, 16 2 Metra Portfolio No Actual/360 36 35 120 119 360 360 10/24/2023 1 6 12/6/2023
10.01 Property   1 Belding                        
10.02 Property   1 Grand Rapids                        
11 Loan 20 1 Utica Park Place No Actual/360 120 119 120 119 0 0 10/20/2023 1 6 12/6/2023
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street No Actual/360 60 55 60 55 0 0 6/30/2023 5 6 8/6/2023
13 Loan 6, 7, 19, 30 2 OPI Portfolio No Actual/360 60 58 60 58 0 0 9/13/2023 2 6 11/6/2023
13.01 Property   1 1 Primerica Parkway                        
13.02 Property   1 701 Clay Avenue                        
14 Loan 1, 7, 12, 26 1 Creekside Town Center No Actual/360 120 118 120 118 0 0 9/28/2023 2 5 11/5/2023
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg No Actual/360 120 119 120 119 0 0 10/10/2023 1 6 12/6/2023
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion No Actual/360 36 29 120 113 360 360 5/5/2023 7 6 6/6/2023
17 Loan   1 Magnolia Cove Apartments No Actual/360 120 119 120 119 0 0 10/30/2023 1 6 12/6/2023
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson No Actual/360 120 118 120 118 0 0 9/6/2023 2 1 11/1/2023
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments No Actual/360 120 117 120 117 0 0 8/31/2023 3 6 10/6/2023
19.01 Property   1 Knoll Ridge Apartments I                        
19.02 Property   1 Knoll Ridge Apartments II                        
19.03 Property   1 Knoll Ridge Apartments III                        
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue No Actual/360 0 0 120 120 360 360 11/7/2023 0 6 1/6/2024
21 Loan 19, 20 1 Chesterfield Marketplace No Actual/360 24 17 120 113 360 360 4/21/2023 7 6 6/6/2023
22 Loan 19, 33 1 3 Palms Resort No Actual/360 36 35 120 119 360 360 10/16/2023 1 6 12/6/2023

 

 A-7 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.) Origination Date Seasoning (Mos.) Payment Due Date First Payment Date
                                 
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace No Actual/360 24 19 120 115 360 360 6/13/2023 5 6 8/6/2023
24 Loan   1 SOS Storage Center No Actual/360 120 117 120 117 0 0 8/16/2023 3 6 10/6/2023
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio No Actual/360 120 118 120 118 0 0 9/8/2023 2 6 11/6/2023
25.01 Property   1 Twin County Plaza                        
25.02 Property   1 Prestonsburg Village                        
25.03 Property   1 Village Center                        
25.04 Property   1 River Creek Village                        
25.05 Property   1 Jackson Park                        
25.06 Property   1 Wabash Crossing West                        
25.07 Property   1 Oak Station                        
25.08 Property   1 College Square Plaza                        
25.09 Property   1 Lowell Plaza                        
25.10 Property   1 Flint River Plaza                        
25.11 Property   1 Jackson Square                        
26 Loan 19, 27 1 Holiday Inn Kansas City No Actual/360 0 0 120 120 360 360 11/17/2023 0 6 1/6/2024
27 Loan 23 1 Terraces at Windy Hill No Actual/360 120 119 120 119 0 0 11/3/2023 1 6 12/6/2023
28 Loan 16, 19, 20 1 Empire Burbank No Actual/360 120 114 120 114 0 0 5/17/2023 6 6 7/6/2023
29 Loan 19 1 Best Western Plus Wichita West Airport No Actual/360 0 0 120 120 360 360 11/17/2023 0 6 1/6/2024
30 Loan 16, 19 1 Babcock & Wilcox - Chanute No Actual/360 60 51 60 51 0 0 3/9/2023 9 6 4/6/2023
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center No Actual/360 36 19 120 103 360 360 7/1/2022 17 6 8/6/2022
32 Loan 2, 15, 22 1 11 West Prospect Avenue No Actual/360 0 0 120 119 360 359 10/19/2023 1 6 12/6/2023

 

 A-8 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)  Most Recent Expenses ($)   Most Recent NOI ($)   Most Recent NOI Date   Most Recent Description  Second Most Recent EGI ($)
                10   12     31 16    
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP 12/1/2033 12/1/2033 0 0 L(24),D(90),O(6) 72,418,187 35,940,556 36,477,631 10/31/2023 T-12 74,865,600
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace NAP 11/1/2033 11/1/2033 0 0 L(25),D(89),O(6) 69,724,516 18,198,782 51,525,734 8/31/2023 T-12 69,984,212
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio NAP 11/6/2028 11/6/2028 0 0 L(3),YM1(50),O(7) 33,125,041 17,632,016 15,493,025 8/31/2023 T-12 31,871,739
3.01 Property   1 Three Bala Plaza             12,337,122 6,061,040 6,276,082 8/31/2023 T-12 11,953,557
3.02 Property   1 One Bala Plaza             12,019,217 6,134,449 5,884,769 8/31/2023 T-12 11,720,682
3.03 Property   1 Two Bala Plaza             8,768,702 5,436,528 3,332,174 8/31/2023 T-12 8,197,499
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio NAP 9/6/2033 9/6/2033 0 0 L(12),YM1(15),DorYM1(86),O(7) 49,194,589 15,499,390 33,695,199 6/30/2023 T-12 41,116,072
4.01 Property   1 Northwoods Marketplace             4,192,094 1,380,406 2,811,688 6/30/2023 T-12 4,097,059
4.02 Property   1 The Centrum             3,248,221 1,076,733 2,171,488 6/30/2023 T-12 2,622,843
4.03 Property   1 Lawton Marketplace             2,515,072 800,467 1,714,605 6/30/2023 T-12 2,144,275
4.04 Property   1 Carlisle Crossing             2,505,419 939,288 1,566,131 6/30/2023 T-12 2,155,562
4.05 Property   1 Southway Shopping Center             3,547,707 1,317,725 2,229,982 6/30/2023 T-12 3,293,702
4.06 Property   1 Parkway Centre South             2,806,871 856,532 1,950,339 6/30/2023 T-12 1,792,299
4.07 Property   1 Houma Crossing             2,018,284 686,750 1,331,534 6/30/2023 T-12 1,800,069
4.08 Property   1 North Lake Square             2,260,370 559,947 1,700,423 6/30/2023 T-12 1,899,050
4.09 Property   1 Liberty Crossing             2,227,472 624,483 1,602,989 6/30/2023 T-12 2,246,251
4.10 Property   1 Owensboro Town Center             2,549,115 675,191 1,873,924 6/30/2023 T-12 2,242,819
4.11 Property   1 Harbor Town Center             1,800,133 587,126 1,213,007 6/30/2023 T-12 1,196,416
4.12 Property   1 Lord Salisbury Center             1,910,916 561,662 1,349,254 6/30/2023 T-12 1,617,981
4.13 Property   1 Terrell Mill Village             1,586,810 384,727 1,202,083 6/30/2023 T-12 1,059,965
4.14 Property   1 The Ridge at Turtle Creek             1,493,633 398,146 1,095,487 6/30/2023 T-12 997,546
4.15 Property   1 Nordstrom Rack             1,239,916 304,014 935,902 6/30/2023 T-12 1,111,540
4.16 Property   1 Ventura Place             1,227,663 262,855 964,808 6/30/2023 T-12 768,203
4.17 Property   1 Quail Springs             1,193,826 328,520 865,306 6/30/2023 T-12 1,206,432
4.18 Property   1 Wallace Commons             1,269,173 302,274 966,899 6/30/2023 T-12 905,993
4.19 Property   1 Waterford Park South             1,419,487 584,135 835,352 6/30/2023 T-12 939,677
4.20 Property   1 Evergreen Marketplace             1,540,751 820,691 720,060 6/30/2023 T-12 1,284,015
4.21 Property   1 Derby Marketplace             1,290,004 535,476 754,528 6/30/2023 T-12 1,110,429
4.22 Property   1 Stoneridge Village             1,112,104 287,107 824,997 6/30/2023 T-12 809,934
4.23 Property   1 FreshThyme & DSW             820,259 209,104 611,155 6/30/2023 T-12 727,046
4.24 Property   1 Crossroads Annex             527,939 229,193 298,746 6/30/2023 T-12 645,992
4.25 Property   1 Tellico Village             593,751 137,575 456,176 6/30/2023 T-12 532,907
4.26 Property   1 Walmart Neighborhood Market             684,680 226,771 457,909 6/30/2023 T-12 444,306
4.27 Property   1 PetSmart & Old Navy             670,889 216,831 454,058 6/30/2023 T-12 580,443
4.28 Property   1 Sutters Creek             524,029 122,128 401,901 6/30/2023 T-12 487,408
4.29 Property   1 Mattress Firm & Panera Bread             418,001 83,533 334,468 6/30/2023 T-12 395,909
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 1/6/2027 12/6/2033 12/6/2033 0 0 L(24),D(92),O(4) NAV NAV NAV NAV NAV NAV
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio NAP 12/6/2033 12/6/2033 10 0 L(24),DorYM1(89),O(7) NAV NAV NAV NAV NAV NAV
6.01 Property   1 1-4 Plant Street & 41 Wall Street             NAV NAV NAV NAV NAV NAV
6.02 Property   1 2222 & 2300 Highland Road             NAV NAV NAV NAV NAV NAV
7 Loan 12, 16, 27 1 The Park at Trowbridge NAP 11/6/2033 11/6/2033 0 0 L(25),D(90),O(5) NAV NAV NAV NAV NAV NAV
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio NAP 12/6/2028 12/6/2028 0 0 L(12),YM1(41),O(7) 4,652,914 1,889,439 2,763,475 Various T-12 4,181,289
8.01 Property   1 The Residence at Patriot Place             2,349,270 1,003,089 1,346,181 9/30/2023 T-12 2,017,573
8.02 Property   1 Magnolia Manor             1,043,264 385,855 657,410 8/31/2023 T-12 854,427
8.03 Property   1 The Retreat at Ragan Park             1,260,380 500,496 759,884 9/30/2023 T-12 1,309,288
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks NAP 12/6/2033 12/6/2033 0 0 L(23), YM1(1), DorYM1(91), O(5) NAV NAV NAV NAV NAV NAV
9.01 Property   1 6940 Cornhusker Highway             NAV NAV NAV NAV NAV NAV
9.02 Property   1 221 Law Street             NAV NAV NAV NAV NAV NAV
9.03 Property   1 1956 Singleton Boulevard             NAV NAV NAV NAV NAV NAV
9.04 Property   1 351 21st Street             NAV NAV NAV NAV NAV NAV
9.05 Property   1 161 Lorne Avenue West             NAV NAV NAV NAV NAV NAV
9.06 Property   1 18300 Market Street             NAV NAV NAV NAV NAV NAV
9.07 Property   1 3232 West Lancaster Avenue             NAV NAV NAV NAV NAV NAV
10 Loan 6, 16 2 Metra Portfolio 12/6/2026 11/6/2033 11/6/2033 0 0 L(25),D(88),O(7) NAV NAV NAV NAV NAV NAV
10.01 Property   1 Belding             NAV NAV NAV NAV NAV NAV
10.02 Property   1 Grand Rapids             NAV NAV NAV NAV NAV NAV
11 Loan 20 1 Utica Park Place NAP 11/6/2033 11/6/2033 0 0 L(25),D(91),O(4) 4,513,488 1,779,539 2,733,949 8/31/2023 T-12 4,267,341
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street NAP 7/6/2028 7/6/2028 0 0 L(23),YM1(6),DorYM1(24),O(7) 62,683,274 35,986,252 26,697,022 3/31/2023 T-12 61,168,739
13 Loan 6, 7, 19, 30 2 OPI Portfolio NAP 10/6/2028 10/6/2028 0 0 L(12),YM1(41),O(7) 8,679,945 1,418,696 7,261,249 7/31/2023 T-12 8,612,280
13.01 Property   1 1 Primerica Parkway             5,386,829 286,119 5,100,710 7/31/2023 T-12 5,348,016
13.02 Property   1 701 Clay Avenue             3,293,116 1,132,577 2,160,539 7/31/2023 T-12 3,264,264
14 Loan 1, 7, 12, 26 1 Creekside Town Center NAP 10/5/2033 10/5/2033 0 0 L(26),D(89),O(5) 10,110,076 2,515,237 7,594,839 7/31/2023 T-12 9,604,742
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg NAP 11/6/2033 11/6/2033 0 0 L(25),D(88),O(7) 16,819,649 13,239,346 3,580,303 7/31/2023 T-12 16,006,927
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 6/6/2026 5/6/2033 5/6/2033 0 0 L(31),D(85),O(4) 4,061,113 1,448,279 2,612,835 2/28/2023 T-12 4,045,287
17 Loan   1 Magnolia Cove Apartments NAP 11/6/2033 11/6/2033 0 0 L(24),YM1(90),O(6) 3,606,381 1,258,529 2,347,852 10/31/2023 T-12 3,528,285
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP 10/1/2033 10/1/2033 5 0 L(26),D(89),O(5) 124,308,174 50,782,190 73,525,984 6/30/2023 T-12 112,940,517
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments NAP 9/6/2033 9/6/2033 0 0 L(27),D(89),O(4) 5,181,305 942,005 4,239,300 7/31/2023 T-12 4,338,430
19.01 Property   1 Knoll Ridge Apartments I             2,947,136 491,942 2,455,195 7/31/2023 T-12 2,423,442
19.02 Property   1 Knoll Ridge Apartments II             1,146,786 245,876 900,911 7/31/2023 T-12 976,919
19.03 Property   1 Knoll Ridge Apartments III             1,087,383 204,188 883,195 7/31/2023 T-12 938,069
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 1/6/2024 12/6/2033 12/6/2033 0 0 L(24),D(89),O(7) 12,457,610 4,775,542 7,682,068 7/31/2023 T-12 12,595,041
21 Loan 19, 20 1 Chesterfield Marketplace 6/6/2025 5/6/2033 5/6/2033 0 0 L(31),D(85),O(4) 2,266,511 476,057 1,790,454 6/30/2023 T-12 2,011,499
22 Loan 19, 33 1 3 Palms Resort 12/6/2026 11/6/2033 11/6/2033 0 0 L(25),D(92),O(3) 4,589,783 2,240,731 2,349,052 8/31/2023 T-12 4,353,267

 

 A-9 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)  Most Recent Expenses ($)   Most Recent NOI ($)   Most Recent NOI Date   Most Recent Description  Second Most Recent EGI ($)
                10   12     31 16    
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 8/6/2025 7/6/2033 7/6/2033 0 0 L(29),D(87),O(4) 1,906,467 602,954 1,303,513 3/31/2023 T-12 1,709,647
24 Loan   1 SOS Storage Center NAP 9/6/2033 9/6/2033 0 0 L(27),D(89),O(4) 1,681,512 436,458 1,245,054 8/31/2023 T-12 1,608,573
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio NAP 10/6/2033 10/6/2033 0 0 L(26),D(88),O(6) 8,843,722 2,982,512 5,861,211 5/31/2023 T-12 9,105,860
25.01 Property   1 Twin County Plaza             902,597 244,871 657,726 5/31/2023 T-12 907,721
25.02 Property   1 Prestonsburg Village             1,124,165 286,856 837,309 5/31/2023 T-12 1,193,864
25.03 Property   1 Village Center             1,195,627 429,469 766,158 5/31/2023 T-12 1,135,588
25.04 Property   1 River Creek Village             1,016,220 393,423 622,798 5/31/2023 T-12 1,034,616
25.05 Property   1 Jackson Park             1,020,295 376,550 643,746 5/31/2023 T-12 1,026,427
25.06 Property   1 Wabash Crossing West             756,223 254,380 501,844 5/31/2023 T-12 783,284
25.07 Property   1 Oak Station             742,082 270,573 471,508 5/31/2023 T-12 732,083
25.08 Property   1 College Square Plaza             788,273 266,546 521,727 5/31/2023 T-12 951,264
25.09 Property   1 Lowell Plaza             465,539 239,651 225,888 5/31/2023 T-12 481,355
25.10 Property   1 Flint River Plaza             406,703 109,413 297,291 5/31/2023 T-12 416,742
25.11 Property   1 Jackson Square             425,998 110,781 315,218 5/31/2023 T-12 442,916
26 Loan 19, 27 1 Holiday Inn Kansas City 1/6/2024 12/6/2033 12/6/2033 0 0 L(24),D(91),O(5) 2,999,219 1,390,267 1,608,952 10/31/2023 T-12 2,694,148
27 Loan 23 1 Terraces at Windy Hill NAP 11/6/2033 11/6/2033 0 0 L(25),D(88),O(7) 1,697,662 517,431 1,180,231 7/31/2023 T-12 1,748,656
28 Loan 16, 19, 20 1 Empire Burbank NAP 6/6/2033 6/6/2033 0 0 L(30),YM1(86),O(4) NAV NAV NAV NAV NAV NAV
29 Loan 19 1 Best Western Plus Wichita West Airport 1/6/2024 12/6/2033 12/6/2033 0 0 L(24),D(91),O(5) 2,081,612 1,125,804 955,808 10/31/2023 T-12 1,984,052
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP 3/6/2028 3/6/2028 0 0 L(33),D(23),O(4) NAV NAV NAV NAV NAV NAV
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 8/6/2025 7/6/2032 7/6/2032 0 0 L(41),D(75),O(4) 591,684 261,317 330,367 9/30/2023 T-12 681,724
32 Loan 2, 15, 22 1 11 West Prospect Avenue 12/6/2023 11/6/2033 11/6/2033 0 0 L(25),D(91),O(4) 376,572 131,079 245,493 8/31/2023 T-12 352,245

 

 A-10 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Second Most Recent Expenses ($) Second Most Recent NOI ($)  Second Most Recent NOI Date  Second Most Recent Description  Third Most Recent EGI ($)  Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($)
              16         16        
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 38,359,447 36,506,153 12/31/2022 T-12 73,703,131 36,473,501 37,229,630 12/31/2021 T-12 95.5% 74,931,706 32,816,238
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 17,233,956 52,750,256 12/31/2022 T-12 69,401,934 17,383,847 52,018,087 12/31/2021 T-12 98.1% 74,354,670 16,415,944
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 17,331,324 14,540,415 12/31/2022 T-12 31,052,511 16,030,922 15,021,589 12/31/2021 T-12 89.8% 33,476,790 17,313,636
3.01 Property   1 Three Bala Plaza 5,906,146 6,047,411 12/31/2022 T-12 12,136,638 5,389,004 6,747,633 12/31/2021 T-12 89.2% 12,824,095 5,860,062
3.02 Property   1 One Bala Plaza 5,940,161 5,780,521 12/31/2022 T-12 11,114,797 5,473,864 5,640,933 12/31/2021 T-12 90.1% 11,580,475 5,951,865
3.03 Property   1 Two Bala Plaza 5,485,016 2,712,483 12/31/2022 T-12 7,801,076 5,168,053 2,633,023 12/31/2021 T-12 90.2% 9,072,220 5,501,709
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 14,064,144 27,051,928 12/31/2022 T-12 NAV NAV NAV NAV NAV 95.0% 53,888,610 17,916,793
4.01 Property   1 Northwoods Marketplace 1,292,213 2,804,846 12/31/2022 T-12 NAV NAV NAV NAV NAV 96.5% 4,330,372 1,458,301
4.02 Property   1 The Centrum 1,031,511 1,591,333 12/31/2022 T-12 NAV NAV NAV NAV NAV 75.8% 3,182,719 1,167,626
4.03 Property   1 Lawton Marketplace 679,993 1,464,282 12/31/2022 T-12 NAV NAV NAV NAV NAV 98.3% 3,279,829 953,800
4.04 Property   1 Carlisle Crossing 835,548 1,320,014 12/31/2022 T-12 NAV NAV NAV NAV NAV 94.9% 3,194,157 1,048,116
4.05 Property   1 Southway Shopping Center 1,585,182 1,708,520 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 3,826,353 1,358,719
4.06 Property   1 Parkway Centre South 548,724 1,243,575 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 2,969,784 846,025
4.07 Property   1 Houma Crossing 735,874 1,064,195 12/31/2022 T-12 NAV NAV NAV NAV NAV 76.1% 2,599,247 1,077,547
4.08 Property   1 North Lake Square 466,423 1,432,627 12/31/2022 T-12 NAV NAV NAV NAV NAV 97.7% 2,276,936 561,041
4.09 Property   1 Liberty Crossing 844,019 1,402,233 12/31/2022 T-12 NAV NAV NAV NAV NAV 91.5% 2,282,096 704,857
4.10 Property   1 Owensboro Town Center 626,525 1,616,294 12/31/2022 T-12 NAV NAV NAV NAV NAV 87.4% 2,579,470 845,371
4.11 Property   1 Harbor Town Center 378,917 817,500 12/31/2022 T-12 NAV NAV NAV NAV NAV 90.8% 1,688,547 593,756
4.12 Property   1 Lord Salisbury Center 592,226 1,025,756 12/31/2022 T-12 NAV NAV NAV NAV NAV 98.0% 2,226,543 767,839
4.13 Property   1 Terrell Mill Village 279,940 780,026 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 1,869,023 556,622
4.14 Property   1 The Ridge at Turtle Creek 276,209 721,336 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 1,734,560 536,550
4.15 Property   1 Nordstrom Rack 282,289 829,251 12/31/2022 T-12 NAV NAV NAV NAV NAV 98.6% 1,311,742 404,466
4.16 Property   1 Ventura Place 286,698 481,505 12/31/2022 T-12 NAV NAV NAV NAV NAV 94.7% 1,446,565 413,856
4.17 Property   1 Quail Springs 312,239 894,193 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 1,290,310 416,400
4.18 Property   1 Wallace Commons 237,028 668,965 12/31/2022 T-12 NAV NAV NAV NAV NAV 96.9% 1,232,068 337,160
4.19 Property   1 Waterford Park South 405,571 534,105 12/31/2022 T-12 NAV NAV NAV NAV NAV 91.4% 1,559,545 545,452
4.20 Property   1 Evergreen Marketplace 639,494 644,521 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.9% 1,541,714 769,153
4.21 Property   1 Derby Marketplace 456,063 654,366 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 1,271,174 509,265
4.22 Property   1 Stoneridge Village 203,598 606,335 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 1,467,788 430,585
4.23 Property   1 FreshThyme & DSW 192,105 534,941 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 832,259 255,476
4.24 Property   1 Crossroads Annex 179,545 466,447 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 879,244 339,124
4.25 Property   1 Tellico Village 122,661 410,245 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 615,342 138,650
4.26 Property   1 Walmart Neighborhood Market 135,435 308,872 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 747,174 287,221
4.27 Property   1 PetSmart & Old Navy 188,775 391,668 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 640,400 228,872
4.28 Property   1 Sutters Creek 129,648 357,760 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 559,611 201,316
4.29 Property   1 Mattress Firm & Panera Bread 119,691 276,218 12/31/2022 T-12 NAV NAV NAV NAV NAV 99.8% 454,040 163,628
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV 97.0% 4,072,437 508,021
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 3,732,246 0
6.01 Property   1 1-4 Plant Street & 41 Wall Street NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 2,714,693 0
6.02 Property   1 2222 & 2300 Highland Road NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 1,017,552 0
7 Loan 12, 16, 27 1 The Park at Trowbridge NAV NAV NAV NAV NAV NAV NAV NAV NAV 82.8% 5,099,464 1,746,408
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 1,798,171 2,383,117 12/31/2022 T-12 NAV NAV NAV NAV NAV 83.2% 5,020,470 2,067,851
8.01 Property   1 The Residence at Patriot Place 869,925 1,147,648 12/31/2022 T-12 NAV NAV NAV NAV NAV 89.6% 2,508,044 1,181,164
8.02 Property   1 Magnolia Manor 433,971 420,456 12/31/2022 T-12 NAV NAV NAV NAV NAV 74.5% 1,167,490 393,077
8.03 Property   1 The Retreat at Ragan Park 494,274 815,014 12/31/2022 T-12 NAV NAV NAV NAV NAV 79.9% 1,344,936 493,610
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 5,344,806 1,068,961
9.01 Property   1 6940 Cornhusker Highway NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,473,760 294,752
9.02 Property   1 221 Law Street NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,327,786 265,557
9.03 Property   1 1956 Singleton Boulevard NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,082,828 216,566
9.04 Property   1 351 21st Street NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 576,828 115,366
9.05 Property   1 161 Lorne Avenue West NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 660,002 132,000
9.06 Property   1 18300 Market Street NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 108,194 21,639
9.07 Property   1 3232 West Lancaster Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 115,407 23,081
10 Loan 6, 16 2 Metra Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 3,702,918 555,438
10.01 Property   1 Belding NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 3,127,677 469,152
10.02 Property   1 Grand Rapids NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 575,240 86,286
11 Loan 20 1 Utica Park Place 1,774,953 2,492,389 12/31/2022 T-12 4,238,109 1,612,533 2,625,577 12/31/2021 T-12 95.0% 4,929,165 1,749,184
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 34,495,528 26,673,211 12/31/2022 T-12 60,959,925 34,523,645 26,436,280 12/31/2021 T-12 95.0% 70,904,067 39,203,449
13 Loan 6, 7, 19, 30 2 OPI Portfolio 1,364,269 7,248,011 12/31/2022 T-12 7,893,499 1,216,548 6,676,951 12/31/2021 T-12 99.0% 8,946,010 1,449,578
13.01 Property   1 1 Primerica Parkway 295,057 5,052,958 12/31/2022 T-12 5,255,373 293,225 4,962,148 12/31/2021 T-12 99.0% 5,648,558 307,289
13.02 Property   1 701 Clay Avenue 1,069,212 2,195,052 12/31/2022 T-12 2,638,126 923,323 1,714,803 12/31/2021 T-12 99.0% 3,297,452 1,142,289
14 Loan 1, 7, 12, 26 1 Creekside Town Center 2,390,218 7,214,524 12/31/2022 T-12 9,186,860 2,304,172 6,882,688 12/31/2021 T-12 95.3% 10,656,860 2,629,901
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 12,508,415 3,498,512 12/31/2022 T-12 9,483,668 9,152,983 330,685 12/31/2021 T-12 70.0% 16,819,649 13,051,339
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 1,487,055 2,558,232 12/31/2022 T-12 3,654,510 1,382,258 2,272,253 12/31/2021 T-12 95.0% 4,546,866 1,607,964
17 Loan   1 Magnolia Cove Apartments 1,322,274 2,206,011 12/31/2022 T-12 3,223,455 1,297,432 1,926,023 12/31/2021 T-12 92.8% 3,606,381 1,337,482
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 47,378,697 65,561,820 12/31/2022 T-12 118,744,930 41,284,530 77,460,400 12/31/2021 T-12 65.2% 120,518,204 52,684,531
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 1,045,568 3,292,862 12/31/2022 T-12 3,313,980 1,039,367 2,274,612 7/31/2021 T-12 97.4% 5,499,442 1,154,794
19.01 Property   1 Knoll Ridge Apartments I 551,522 1,871,920 12/31/2022 T-12 1,857,698 539,329 1,318,368 7/31/2021 T-12 97.5% 3,167,083 638,185
19.02 Property   1 Knoll Ridge Apartments II 252,921 723,998 12/31/2022 T-12 761,117 244,526 516,591 7/31/2021 T-12 99.0% 1,213,851 278,737
19.03 Property   1 Knoll Ridge Apartments III 241,125 696,944 12/31/2022 T-12 695,165 255,512 439,653 7/31/2021 T-12 95.3% 1,118,508 237,872
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 4,888,824 7,706,217 12/31/2022 T-12 11,611,265 5,360,789 6,250,476 12/31/2021 T-12 90.0% 13,060,666 5,228,303
21 Loan 19, 20 1 Chesterfield Marketplace 541,685 1,469,813 12/31/2022 T-12 1,868,769 548,553 1,320,216 12/31/2021 T-12 95.0% 2,362,023 555,190
22 Loan 19, 33 1 3 Palms Resort 2,307,565 2,045,702 12/31/2022 T-12 3,528,635 2,042,582 1,486,053 12/31/2021 T-12 93.8% 4,636,071 2,484,897

 

 A-11 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Second Most Recent Expenses ($) Second Most Recent NOI ($)  Second Most Recent NOI Date  Second Most Recent Description  Third Most Recent EGI ($)  Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent NOI Date Third Most Recent Description Underwritten Economic Occupancy (%) Underwritten EGI ($) Underwritten Expenses ($)
              16         16        
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 639,777 1,069,870 12/31/2022 T-12 1,112,324 496,410 615,914 12/31/2021 T-12 82.6% 2,629,164 654,868
24 Loan   1 SOS Storage Center 520,689 1,087,883 12/31/2022 T-12 1,554,139 502,095 1,052,044 12/31/2021 T-12 90.4% 1,907,937 469,748
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 2,966,238 6,139,622 12/31/2022 T-12 9,058,967 2,987,456 6,071,511 12/31/2021 T-12 90.3% 8,945,814 2,880,629
25.01 Property   1 Twin County Plaza 267,627 640,094 12/31/2022 T-12 1,024,677 309,967 714,711 12/31/2021 T-12 92.7% 970,039 263,469
25.02 Property   1 Prestonsburg Village 289,868 903,996 12/31/2022 T-12 1,201,949 288,769 913,180 12/31/2021 T-12 92.1% 1,100,199 298,787
25.03 Property   1 Village Center 368,227 767,362 12/31/2022 T-12 1,047,873 388,861 659,012 12/31/2021 T-12 95.0% 1,159,029 403,947
25.04 Property   1 River Creek Village 438,227 596,389 12/31/2022 T-12 929,112 386,065 543,047 12/31/2021 T-12 93.3% 1,081,918 360,929
25.05 Property   1 Jackson Park 287,631 738,796 12/31/2022 T-12 1,014,693 294,537 720,156 12/31/2021 T-12 92.7% 1,119,421 377,655
25.06 Property   1 Wabash Crossing West 271,264 512,020 12/31/2022 T-12 705,151 248,351 456,799 12/31/2021 T-12 86.2% 737,225 241,463
25.07 Property   1 Oak Station 261,816 470,266 12/31/2022 T-12 776,566 287,849 488,717 12/31/2021 T-12 88.7% 711,574 213,505
25.08 Property   1 College Square Plaza 294,157 657,107 12/31/2022 T-12 1,018,363 318,276 700,087 12/31/2021 T-12 75.7% 645,216 263,886
25.09 Property   1 Lowell Plaza 255,421 225,934 12/31/2022 T-12 544,157 245,180 298,978 12/31/2021 T-12 85.4% 527,564 230,477
25.10 Property   1 Flint River Plaza 116,320 300,422 12/31/2022 T-12 353,554 96,166 257,388 12/31/2021 T-12 91.7% 412,839 115,080
25.11 Property   1 Jackson Square 115,680 327,236 12/31/2022 T-12 442,871 123,436 319,436 12/31/2021 T-12 95.0% 480,790 111,432
26 Loan 19, 27 1 Holiday Inn Kansas City 1,534,219 1,159,929 12/31/2022 T-12 1,907,152 1,403,937 503,215 12/31/2021 T-12 54.3% 2,999,219 1,539,486
27 Loan 23 1 Terraces at Windy Hill 481,020 1,267,637 12/31/2022 T-12 1,694,705 505,301 1,189,404 12/31/2021 T-12 95.0% 2,154,327 551,349
28 Loan 16, 19, 20 1 Empire Burbank NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 832,126 135,858
29 Loan 19 1 Best Western Plus Wichita West Airport 1,222,808 761,244 12/31/2022 T-12 1,775,432 1,094,494 680,938 12/31/2021 T-12 58.1% 2,081,612 1,162,126
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 1,088,869 415,090
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 253,006 428,718 12/31/2022 T-12 615,588 214,995 400,593 12/31/2021 T-12 91.0% 738,775 262,257
32 Loan 2, 15, 22 1 11 West Prospect Avenue 131,044 221,201 12/31/2022 T-12 329,695 123,276 206,419 12/31/2021 T-12 95.0% 357,751 130,515

 

 A-12 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($)  Underwritten TI / LC ($)   Underwritten Net Cash Flow ($)  Underwritten NOI DSCR (x)  Underwritten NCF DSCR (x)   Underwritten NOI Debt Yield (%)   Underwritten NCF Debt Yield (%)   Appraised Value ($)  Appraised Value Type
          31   15   7, 14 7, 14 7 7 5  
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 42,115,468 195,077 864,590 41,055,801 2.48 2.42 16.0% 15.6% 694,000,000 As Is
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 57,938,726 278,330 2,102,842 55,557,554 2.06 1.98 16.1% 15.4% 870,600,000 As Is
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 16,163,153 282,171 1,136,329 14,744,653 1.84 1.68 16.2% 14.8% 210,100,000 As Is
3.01 Property   1 Three Bala Plaza 6,964,032 97,030 458,813 6,408,189         85,500,000 As Is
3.02 Property   1 One Bala Plaza 5,628,610 96,009 401,457 5,131,144         81,300,000 As Is
3.03 Property   1 Two Bala Plaza 3,570,511 89,133 276,058 3,205,320         43,300,000 As Is
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 35,971,817 521,495 2,040,576 33,409,746 2.12 1.97 13.8% 12.8% 508,200,000 As Portfolio
4.01 Property   1 Northwoods Marketplace 2,872,071 35,412 165,255 2,671,405         41,200,000 As Is
4.02 Property   1 The Centrum 2,015,093 41,167 192,112 1,781,814         36,800,000 As Is
4.03 Property   1 Lawton Marketplace 2,326,030 28,159 131,408 2,166,463         31,000,000 As Is
4.04 Property   1 Carlisle Crossing 2,146,041 22,873 106,741 2,016,428         30,200,000 As Is
4.05 Property   1 Southway Shopping Center 2,467,634 26,310 122,779 2,318,545         30,000,000 As Is
4.06 Property   1 Parkway Centre South 2,123,758 19,783 92,321 2,011,654         25,000,000 As Is
4.07 Property   1 Houma Crossing 1,521,699 29,028 126,996 1,365,676         24,800,000 As Is
4.08 Property   1 North Lake Square 1,715,895 21,017 98,081 1,596,796         24,500,000 As Is
4.09 Property   1 Liberty Crossing 1,577,238 26,442 74,038 1,476,758         23,900,000 As Is
4.10 Property   1 Owensboro Town Center 1,734,099 47,833 115,459 1,570,807         22,700,000 As Is
4.11 Property   1 Harbor Town Center 1,094,791 11,251 49,225 1,034,315         18,400,000 As Is
4.12 Property   1 Lord Salisbury Center 1,458,704 17,073 79,675 1,361,956         15,600,000 As Is
4.13 Property   1 Terrell Mill Village 1,312,401 11,189 52,213 1,248,999         17,200,000 As Is
4.14 Property   1 The Ridge at Turtle Creek 1,198,010 19,741 69,094 1,109,175         15,500,000 As Is
4.15 Property   1 Nordstrom Rack 907,276 6,819 31,820 868,637         14,800,000 As Is
4.16 Property   1 Ventura Place 1,032,709 12,653 46,617 973,440         14,090,000 As Is
4.17 Property   1 Quail Springs 873,909 15,061 70,283 788,566         13,300,000 As Is
4.18 Property   1 Wallace Commons 894,908 8,991 17,010 868,907         12,800,000 As Is
4.19 Property   1 Waterford Park South 1,014,092 31,248 64,334 918,510         12,600,000 As Is
4.20 Property   1 Evergreen Marketplace 772,561 8,473 34,889 729,198         11,400,000 As Is
4.21 Property   1 Derby Marketplace 761,910 15,000 70,000 676,910         10,500,000 As Is
4.22 Property   1 Stoneridge Village 1,037,204 10,872 50,738 975,593         9,300,000 As Is
4.23 Property   1 FreshThyme & DSW 576,783 7,355 34,323 535,105         7,500,000 As Is
4.24 Property   1 Crossroads Annex 540,120 6,087 28,405 505,629         7,100,000 As Is
4.25 Property   1 Tellico Village 476,692 13,097 28,650 434,945         6,600,000 As Is
4.26 Property   1 Walmart Neighborhood Market 459,953 1,215 5,670 453,068         6,200,000 As Is
4.27 Property   1 PetSmart & Old Navy 411,528 4,346 20,279 386,904         5,700,000 As Is
4.28 Property   1 Sutters Creek 358,295 20,801 56,003 281,491         5,150,000 As Is
4.29 Property   1 Mattress Firm & Panera Bread 290,412 2,200 6,160 282,052         4,350,000 As Is
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 3,564,417 25,250 0 3,539,167 1.21 1.20 9.9% 9.8% 60,900,000 As Is
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 3,732,246 0 0 3,732,246 1.78 1.78 11.0% 11.0% 57,200,000 As Is
6.01 Property   1 1-4 Plant Street & 41 Wall Street 2,714,693 0 0 2,714,693         43,500,000 As Is
6.02 Property   1 2222 & 2300 Highland Road 1,017,552 0 0 1,017,552         13,700,000 As Is
7 Loan 12, 16, 27 1 The Park at Trowbridge 3,353,056 80,000 0 3,273,056 1.38 1.34 11.6% 11.4% 73,000,000 As Is
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 2,952,619 130,750 0 2,821,869 1.31 1.25 8.9% 8.6% 52,000,000 As Is
8.01 Property   1 The Residence at Patriot Place 1,326,880 64,250 0 1,262,630         25,600,000 As Is
8.02 Property   1 Magnolia Manor 774,414 30,500 0 743,914         11,600,000 As Is
8.03 Property   1 The Retreat at Ragan Park 851,325 36,000 0 815,325         14,800,000 As Is
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks 4,275,844 119,952 239,904 3,915,989 2.13 1.95 13.6% 12.5% 58,265,000 As Is
9.01 Property   1 6940 Cornhusker Highway 1,179,008 28,291 56,581 1,094,136         16,590,000 As Is
9.02 Property   1 221 Law Street 1,062,229 35,250 70,500 956,479         14,400,000 As Is
9.03 Property   1 1956 Singleton Boulevard 866,262 18,382 36,765 811,115         12,300,000 As Is
9.04 Property   1 351 21st Street 461,462 13,086 26,172 422,204         6,250,000 As Is
9.05 Property   1 161 Lorne Avenue West 528,001 17,788 35,576 474,638         6,225,000 As Is
9.06 Property   1 18300 Market Street 86,556 1,125 2,250 83,181         1,300,000 As Is
9.07 Property   1 3232 West Lancaster Avenue 92,326 6,030 12,060 74,236         1,200,000 As Is
10 Loan 6, 16 2 Metra Portfolio 3,147,480 67,516 114,595 2,965,370 1.38 1.30 11.6% 10.9% 45,830,000 As Is
10.01 Property   1 Belding 2,658,526 57,049 96,802 2,504,675         38,600,000 As Is
10.02 Property   1 Grand Rapids 488,954 10,467 17,793 460,695         7,230,000 As Is
11 Loan 20 1 Utica Park Place 3,179,980 59,383 225,000 2,895,598 1.50 1.36 11.8% 10.7% 45,600,000 As Is
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 31,700,618 192,114 2,881,704 28,626,800 1.53 1.39 11.6% 10.4% 555,000,000 As Is
13 Loan 6, 7, 19, 30 2 OPI Portfolio 7,496,432 120,771 0 7,375,661 1.78 1.75 13.8% 13.6% 112,100,000 As Is
13.01 Property   1 1 Primerica Parkway 5,341,269 86,119 0 5,255,150         77,100,000 As Is
13.02 Property   1 701 Clay Avenue 2,155,163 34,652 0 2,120,511         35,000,000 As Is
14 Loan 1, 7, 12, 26 1 Creekside Town Center 8,026,958 54,134 20,668 7,952,156 1.52 1.51 11.2% 11.1% 125,600,000 As Is
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 3,768,310 672,786 0 3,095,524 1.81 1.49 15.7% 12.9% 45,100,000 Prospective Market Value Upon Completion
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 2,938,902 41,378 109,927 2,787,597 1.74 1.65 12.6% 12.0% 33,600,000 As Is
17 Loan   1 Magnolia Cove Apartments 2,268,899 94,000 0 2,174,899 1.34 1.28 9.9% 9.5% 36,300,000 As Is
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 67,833,673 229,924 2,110,256 65,493,494 4.06 3.92 24.2% 23.4% 1,596,000,000 As Is
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 4,344,648 70,800 0 4,273,848 1.40 1.37 10.2% 10.1% 62,400,000 As Is
19.01 Property   1 Knoll Ridge Apartments I 2,528,898 40,000 0 2,488,898         35,800,000 As Is
19.02 Property   1 Knoll Ridge Apartments II 935,113 16,000 0 919,113         13,600,000 As Is
19.03 Property   1 Knoll Ridge Apartments III 880,636 14,800 0 865,836         13,000,000 As Is
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 7,832,363 48,258 455,419 7,328,686 1.68 1.57 14.2% 13.3% 95,000,000 As Is
21 Loan 19, 20 1 Chesterfield Marketplace 1,806,832 29,909 79,696 1,697,228 1.50 1.41 11.5% 10.8% 24,100,000 As Is
22 Loan 19, 33 1 3 Palms Resort 2,151,174 185,443 0 1,965,731 1.55 1.42 14.4% 13.1% 23,000,000 As Is

 

 A-13 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($)  Underwritten TI / LC ($)   Underwritten Net Cash Flow ($)  Underwritten NOI DSCR (x)  Underwritten NCF DSCR (x)   Underwritten NOI Debt Yield (%)   Underwritten NCF Debt Yield (%)   Appraised Value ($)  Appraised Value Type
          31   15   7, 14 7, 14 7 7 5  
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 1,974,296 30,251 80,838 1,863,208 1.77 1.67 13.6% 12.9% 23,900,000 As Is
24 Loan   1 SOS Storage Center 1,438,188 10,983 0 1,427,205 1.34 1.33 10.3% 10.2% 23,500,000 As Is
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 6,065,185 239,215 0 5,825,970 1.66 1.59 11.4% 11.0% 79,100,000 As Portfolio
25.01 Property   1 Twin County Plaza 706,570 13,178 0 693,393         10,100,000 As Is
25.02 Property   1 Prestonsburg Village 801,412 26,788 0 774,624         9,200,000 As Is
25.03 Property   1 Village Center 755,082 31,742 0 723,341         9,450,000 As Is
25.04 Property   1 River Creek Village 720,989 18,549 0 702,440         7,825,000 As Is
25.05 Property   1 Jackson Park 741,765 38,731 0 703,034         8,800,000 As Is
25.06 Property   1 Wabash Crossing West 495,762 26,461 0 469,301         7,050,000 As Is
25.07 Property   1 Oak Station 498,069 24,574 0 473,495         5,600,000 As Is
25.08 Property   1 College Square Plaza 381,331 29,792 0 351,539         7,600,000 As Is
25.09 Property   1 Lowell Plaza 297,087 11,686 0 285,401         4,550,000 As Is
25.10 Property   1 Flint River Plaza 297,759 8,635 0 289,124         3,700,000 As Is
25.11 Property   1 Jackson Square 369,359 9,081 0 360,278         4,250,000 As Is
26 Loan 19, 27 1 Holiday Inn Kansas City 1,459,733 119,969 0 1,339,764 1.68 1.54 15.4% 14.1% 14,300,000 As Is
27 Loan 23 1 Terraces at Windy Hill 1,602,978 14,160 74,528 1,514,290 2.66 2.51 18.9% 17.8% 20,150,000 As Is
28 Loan 16, 19, 20 1 Empire Burbank 696,268 7,049 31,145 658,075 1.63 1.54 10.9% 10.3% 11,500,000 As Is
29 Loan 19 1 Best Western Plus Wichita West Airport 919,486 104,081 0 815,405 1.80 1.59 16.4% 14.6% 8,600,000 As Is
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 673,779 32,397 23,816 617,566 2.08 1.91 12.1% 11.1% 9,550,000 As Is
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 476,518 18,434 36,867 421,217 1.64 1.45 11.3% 10.0% 6,950,000 As Is
32 Loan 2, 15, 22 1 11 West Prospect Avenue 227,236 3,370 11,850 212,016 1.34 1.25 13.4% 12.5% 2,800,000 As Is

 

 A-14 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name  Appraisal Date   Cut-off Date LTV Ratio (%)   LTV Ratio at Maturity / ARD (%)   Leased Occupancy (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant   Largest Tenant SF   Largest Tenant % of NRA  Largest Tenant Lease Expiration Date
             5, 7   5, 7   3,4       4, 21, 22, 23, 28       
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 10/27/2023 38.0% 38.0% 96.1% 11/14/2023 No Nordstrom 200,000 18.8% 3/2/2025
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 9/1/2023 41.4% 41.4% 98.3% 6/15/2023 No Live Casino Hotel Maryland 547,331 28.2% 7/13/2115
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 7/27/2023 47.4% 47.4% 89.4% 8/30/2023          
3.01 Property   1 Three Bala Plaza 7/27/2023     87.1% 8/30/2023 No Tokio Marine North America, Inc. 90,687 23.2% 1/31/2035
3.02 Property   1 One Bala Plaza 7/27/2023     88.9% 8/30/2023 No Tokio Marine North America, Inc. 205,243 53.1% 1/31/2035
3.03 Property   1 Two Bala Plaza 7/27/2023     92.6% 8/30/2023 No Saks Fifth Avenue LLC 100,500 28.0% 8/31/2027
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 7/31/2023 51.2% 51.2% 95.3% 9/1/2023          
4.01 Property   1 Northwoods Marketplace 7/10/2023     97.8% 9/1/2023 No Best Buy 43,278 18.3% 11/25/2028
4.02 Property   1 The Centrum 7/12/2023     79.9% 9/1/2023 No Super G Mart 108,714 39.6% 5/31/2042
4.03 Property   1 Lawton Marketplace 7/20/2023     98.9% 9/1/2023 No Academy Sports 62,168 31.6% 1/31/2033
4.04 Property   1 Carlisle Crossing 7/19/2023     95.3% 9/1/2023 No Michaels 21,647 14.2% 5/31/2026
4.05 Property   1 Southway Shopping Center 7/7/2023     100.0% 9/1/2023 No Marshalls 34,327 18.9% 4/30/2026
4.06 Property   1 Parkway Centre South 7/17/2023     100.0% 9/1/2023 No TJ Maxx 28,000 21.2% 11/30/2026
4.07 Property   1 Houma Crossing 7/16/2023     83.4% 9/1/2023 No Hobby Lobby 56,676 31.2% 8/31/2031
4.08 Property   1 North Lake Square 7/9/2023     99.0% 9/1/2023 No Hobby Lobby 55,000 39.3% 10/31/2030
4.09 Property   1 Liberty Crossing 7/24/2023     93.2% 9/1/2023 No Ross Dress For Less 27,657 26.1% 1/31/2026
4.10 Property   1 Owensboro Town Center 7/23/2023     90.5% 9/1/2023 No Best Buy 32,425 19.7% 3/31/2026
4.11 Property   1 Harbor Town Center 7/20/2023     93.0% 9/1/2023 No Kohls Corporation 68,423 49.3% 1/31/2029
4.12 Property   1 Lord Salisbury Center 7/18/2023     98.8% 9/1/2023 No Ross Dress For Less 30,187 26.5% 1/31/2026
4.13 Property   1 Terrell Mill Village 7/9/2023     100.0% 9/1/2023 No L.A. Fitness 45,000 59.9% 7/31/2030
4.14 Property   1 The Ridge at Turtle Creek 7/10/2023     100.0% 9/1/2023 No Academy Sports 75,760 76.8% 1/31/2035
4.15 Property   1 Nordstrom Rack 7/24/2023     97.7% 9/1/2023 No Nordstrom Rack 33,901 74.6% 10/31/2030
4.16 Property   1 Ventura Place 7/25/2023     96.0% 9/1/2023 No VCA Animal Hospitals, Inc. 28,000 42.0% 1/31/2032
4.17 Property   1 Quail Springs 7/18/2023     100.0% 9/1/2023 No Hobby Lobby 55,126 54.9% 9/30/2028
4.18 Property   1 Wallace Commons 7/12/2023     98.5% 9/1/2023 No Kohls Corporation 68,639 69.7% 1/31/2029
4.19 Property   1 Waterford Park South 7/23/2023     93.4% 9/1/2023 No Ross Dress For Less 27,623 30.1% 1/31/2025
4.20 Property   1 Evergreen Marketplace 7/23/2023     100.0% 9/1/2023 No Ross Dress For Less 25,046 50.3% 1/31/2029
4.21 Property   1 Derby Marketplace 7/19/2023     100.0% 9/1/2023 No Hobby Lobby 55,000 55.0% 9/30/2030
4.22 Property   1 Stoneridge Village 7/19/2023     100.0% 9/1/2023 No Academy Sports + Outdoors 45,000 62.1% 2/28/2039
4.23 Property   1 FreshThyme & DSW 7/21/2023     100.0% 9/1/2023 No Fresh Thyme Farmers Market 26,081 53.2% 10/31/2024
4.24 Property   1 Crossroads Annex 7/16/2023     100.0% 9/1/2023 No DSW 18,000 44.4% 1/31/2029
4.25 Property   1 Tellico Village 7/9/2023     100.0% 9/1/2023 No Food Lion, LLC 34,928 85.3% 12/16/2028
4.26 Property   1 Walmart Neighborhood Market 7/9/2023     100.0% 9/1/2023 No Wal-Mart 42,141 81.9% 8/4/2035
4.27 Property   1 PetSmart & Old Navy 7/17/2023     100.0% 9/1/2023 No Old Navy 15,112 52.2% 10/31/2027
4.28 Property   1 Sutters Creek 7/12/2023     100.0% 9/1/2023 No Hobby Lobby 55,710 69.6% 8/31/2031
4.29 Property   1 Mattress Firm & Panera Bread 7/19/2023     100.0% 9/1/2023 No Mattress Firm 4,500 51.1% 1/31/2027
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 8/1/2023 59.1% 54.6% 93.1% 11/14/2023 NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 9/13/2023 59.4% 59.4% 100.0% 11/17/2023          
6.01 Property   1 1-4 Plant Street & 41 Wall Street 9/13/2023     100.0% 11/17/2023 Yes MRP Solutions 410,837 100.0% 6/1/2047
6.02 Property   1 2222 & 2300 Highland Road 9/13/2023     100.0% 11/17/2023 Yes MRP Solutions 149,304 100.0% 6/1/2047
7 Loan 12, 16, 27 1 The Park at Trowbridge 10/23/2023 45.2% 45.2% 82.8% 10/1/2023 NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio Various 63.5% 63.5% 83.4% Various          
8.01 Property   1 The Residence at Patriot Place 9/18/2023     89.9% 10/1/2023 NAP NAP NAP NAP NAP
8.02 Property   1 Magnolia Manor 8/17/2023     73.0% 10/27/2023 NAP NAP NAP NAP NAP
8.03 Property   1 The Retreat at Ragan Park 9/12/2023     80.6% 10/1/2023 NAP NAP NAP NAP NAP
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks Various 53.8% 53.8% 100.0% 11/1/2023          
9.01 Property   1 6940 Cornhusker Highway 8/7/2023     100.0% 11/1/2023 Yes Cleaver Brooks 188,604 100.0% 7/31/2048
9.02 Property   1 221 Law Street 8/8/2023     100.0% 11/1/2023 Yes Cleaver Brooks 235,000 100.0% 7/31/2048
9.03 Property   1 1956 Singleton Boulevard 8/8/2023     100.0% 11/1/2023 Yes Cleaver Brooks 122,549 100.0% 7/31/2048
9.04 Property   1 351 21st Street 8/9/2023     100.0% 11/1/2023 Yes Cleaver Brooks 87,241 100.0% 7/31/2048
9.05 Property   1 161 Lorne Avenue West 8/4/2023     100.0% 11/1/2023 Yes Cleaver Brooks 118,585 100.0% 7/31/2048
9.06 Property   1 18300 Market Street 8/4/2023     100.0% 11/1/2023 Yes Cleaver Brooks 7,500 100.0% 7/31/2048
9.07 Property   1 3232 West Lancaster Avenue 8/9/2023     100.0% 11/1/2023 Yes Cleaver Brooks 40,200 100.0% 7/31/2048
10 Loan 6, 16 2 Metra Portfolio 8/2/2023 59.4% 55.1% 100.0% 10/24/2023          
10.01 Property   1 Belding 8/2/2023     100.0% 10/24/2023 Yes Extruded Aluminum Corporation 380,325 100.0% 9/30/2048
10.02 Property   1 Grand Rapids 8/2/2023     100.0% 10/24/2023 Yes Extruded Aluminum Corporation 69,779 100.0% 9/30/2048
11 Loan 20 1 Utica Park Place 8/31/2023 59.2% 59.2% 97.4% 11/1/2023 No Sam's Club 164,016 33.1% 10/31/2028
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 4/19/2023 49.4% 49.4% 98.6% 5/1/2023 No Michael Kors (USA), Inc 254,485 26.5% 3/31/2026
13 Loan 6, 7, 19, 30 2 OPI Portfolio Various 48.4% 48.4% 100.0% 9/13/2023          
13.01 Property   1 1 Primerica Parkway 7/11/2023     100.0% 9/13/2023 Yes Primerica Life Insurance Company 344,476 100.0% 12/31/2035
13.02 Property   1 701 Clay Avenue 7/12/2023     100.0% 9/13/2023 Yes GSA - Veterans Benefits Administration 138,608 100.0% 12/29/2035
14 Loan 1, 7, 12, 26 1 Creekside Town Center 8/25/2023 56.9% 56.9% 95.6% 8/30/2023 No Best Buy 46,005 12.7% 1/31/2026
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 7/31/2024 53.2% 53.2% 70.0% 7/31/2023 NAP NAP NAP NAP NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 2/21/2023 69.4% 62.8% 98.6% 8/16/2023 No Hobby Lobby 56,455 20.5% 10/31/2028
17 Loan   1 Magnolia Cove Apartments 10/4/2023 63.4% 63.4% 97.9% 10/31/2023 NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 5/8/2023 17.5% 17.5% 62.2% 6/5/2023 No Verizon 184,420 16.0% 5/31/2033
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 8/1/2023 68.1% 68.1% 98.3% 7/15/2023          
19.01 Property   1 Knoll Ridge Apartments I 8/1/2023     98.5% 7/15/2023 NAP NAP NAP NAP NAP
19.02 Property   1 Knoll Ridge Apartments II 8/1/2023     100.0% 7/15/2023 NAP NAP NAP NAP NAP
19.03 Property   1 Knoll Ridge Apartments III 8/1/2023     95.9% 7/15/2023 NAP NAP NAP NAP NAP
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 8/23/2023 57.9% 51.3% 86.8% 8/1/2023 No Northwestern University 107,217 55.5% 3/31/2031
21 Loan 19, 20 1 Chesterfield Marketplace 1/10/2023 65.0% 58.4% 98.0% 7/20/2023 No K1 Speed Racing 40,000 20.1% 12/31/2031
22 Loan 19, 33 1 3 Palms Resort 9/22/2023 65.0% 61.3% 93.5% 8/31/2023 NAP NAP NAP NAP NAP

 

 A-15 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name  Appraisal Date   Cut-off Date LTV Ratio (%)   LTV Ratio at Maturity / ARD (%)   Leased Occupancy (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant   Largest Tenant SF   Largest Tenant % of NRA  Largest Tenant Lease Expiration Date
             5, 7   5, 7   3,4       4, 21, 22, 23, 28       
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 5/10/2023 60.6% 54.4% 86.8% 10/1/2023 No Marshalls 25,274 12.5% 8/31/2028
24 Loan   1 SOS Storage Center 7/19/2023 59.6% 59.6% 93.8% 7/13/2023 NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 7/31/2023 67.0% 67.0% 89.2% 8/31/2023          
25.01 Property   1 Twin County Plaza 7/9/2023     94.1% 8/31/2023 No Hobby Lobby 52,830 32.1% 9/30/2030
25.02 Property   1 Prestonsburg Village 7/6/2023     91.9% 8/31/2023 No Walmart 77,090 43.2% 9/6/2025
25.03 Property   1 Village Center 7/5/2023     97.4% 8/31/2023 No Jay C Plus 40,065 27.8% 9/30/2032
25.04 Property   1 River Creek Village 7/12/2023     93.0% 8/31/2023 No Big Lots 35,730 27.0% 6/30/2028
25.05 Property   1 Jackson Park 7/5/2023     91.1% 8/31/2023 No JC Penney 46,352 37.1% 3/31/2028
25.06 Property   1 Wabash Crossing West 7/5/2023     85.9% 8/31/2023 No Tractor Supply Co 31,124 23.5% 10/31/2025
25.07 Property   1 Oak Station 7/1/2023     86.9% 8/31/2023 No Beall's Outlet Stores 30,000 19.5% 4/30/2028
25.08 Property   1 College Square Plaza 7/5/2023     74.0% 8/31/2023 No Kem's Hardware  30,986 20.8% 8/31/2026
25.09 Property   1 Lowell Plaza 7/5/2023     84.2% 8/31/2023 No True Value Hardware  20,250 32.9% 9/30/2024
25.10 Property   1 Flint River Plaza 7/7/2023     87.6% 8/31/2023 No Piggly Wiggly  22,197 28.3% 10/31/2028
25.11 Property   1 Jackson Square 7/11/2023     92.0% 8/31/2023 No Pic-N-Sav  27,860 36.8% 12/31/2026
26 Loan 19, 27 1 Holiday Inn Kansas City 8/1/2023 66.4% 60.0% 54.3% 10/31/2023 NAP NAP NAP NAP NAP
27 Loan 23 1 Terraces at Windy Hill 8/8/2023 42.2% 42.2% 96.2% 9/26/2023 No BPC Plasma 12,989 17.4% 1/31/2029
28 Loan 16, 19, 20 1 Empire Burbank 3/7/2023 55.7% 55.7% 100.0% 9/28/2023 No Thinkwell Group 12,694 77.4% 7/31/2028
29 Loan 19 1 Best Western Plus Wichita West Airport 8/8/2023 65.1% 58.8% 58.1% 10/31/2023 NAP NAP NAP NAP NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 2/17/2023 58.4% 58.4% 100.0% 3/9/2023 Yes Optimus Industries LLC 215,980 100.0% 12/31/2042
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 9/25/2023 60.8% 54.5% 88.9% 10/10/2023 No Knapp Physical Therapy LLC/Zen Zone 7,160 12.8% 11/30/2025
32 Loan 2, 15, 22 1 11 West Prospect Avenue 9/22/2023 60.7% 56.0% 100.0% 8/31/2023 No Roosevelt Professionals LLC 10,200 60.5% 12/31/2036

 

 A-16 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date
           4, 21, 22, 23, 28         4, 21, 22, 23, 28       
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall H&M 27,320 2.6% 1/31/2029 Peppa Pig World of Play 22,963 2.2% 12/31/2036
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace Bass Pro Shops Outdoor 127,672 6.6% 10/3/2026 Cinemark Theatres 107,190 5.5% 12/31/2025
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio                
3.01 Property   1 Three Bala Plaza Global Indemnity Group, Inc. 40,517 10.4% 12/31/2029 NCS Pearson, Inc. 37,395 9.6% 7/31/2026
3.02 Property   1 One Bala Plaza Beasley Media Group, LLC 36,858 9.5% 3/31/2029 Vitalyst, LLC 26,530 6.9% 12/31/2025
3.03 Property   1 Two Bala Plaza Massachusetts Mutual Life Insurance Company 24,985 7.0% 6/30/2025 United States Postal Service 20,479 5.7% 4/30/2026
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio                
4.01 Property   1 Northwoods Marketplace Big Lots 34,000 14.4% 1/31/2028 Aldi 25,046 10.6% 8/31/2030
4.02 Property   1 The Centrum Gabe's 30,000 10.9% 4/30/2028 Skyzone 25,536 9.3% 8/31/2029
4.03 Property   1 Lawton Marketplace TJ Maxx 24,000 12.2% 8/31/2028 Burlington Coat Factory 20,009 10.2% 2/28/2034
4.04 Property   1 Carlisle Crossing PetSmart 20,087 13.2% 6/30/2026 Aldi 18,320 12.0% 12/31/2027
4.05 Property   1 Southway Shopping Center Ross Dress For Less 31,815 17.5% 1/31/2026 Best Buy 30,000 16.5% 1/31/2028
4.06 Property   1 Parkway Centre South Staples 20,388 15.5% 10/31/2024 PetSmart 19,107 14.5% 1/31/2025
4.07 Property   1 Houma Crossing Conn's 30,000 16.5% 11/30/2032 Club 4 Fitness 25,754 14.2% 5/1/2033
4.08 Property   1 North Lake Square Burlington Coat Factory 40,317 28.8% 2/29/2032 HomeGoods 20,000 14.3% 6/30/2026
4.09 Property   1 Liberty Crossing PetSmart 20,087 19.0% 1/31/2024 Dollar Tree 10,000 9.5% 8/31/2028
4.10 Property   1 Owensboro Town Center TJ Maxx 29,409 17.8% 1/31/2027 PetSmart 23,197 14.1% 8/31/2033
4.11 Property   1 Harbor Town Center TJ Maxx 22,504 16.2% 5/31/2028 Petco 13,685 9.9% 12/31/2027
4.12 Property   1 Lord Salisbury Center Marshalls 30,000 26.4% 8/31/2028 Grocery Outlet 21,422 18.8% 1/31/2035
4.13 Property   1 Terrell Mill Village Dollar Tree 12,000 16.0% 7/31/2027 Malincho Specialty Foods 5,500 7.3% 4/30/2026
4.14 Property   1 The Ridge at Turtle Creek Mattress Express 6,463 6.5% 8/31/2026 The Vein Institute of South Mississippi 3,200 3.2% 1/31/2027
4.15 Property   1 Nordstrom Rack Ulta 10,508 23.1% 3/31/2031 NAP NAP NAP NAP
4.16 Property   1 Ventura Place Ulta 8,931 13.4% 6/30/2025 Petland 6,100 9.2% 8/31/2029
4.17 Property   1 Quail Springs Best Buy 45,278 45.1% 3/31/2025 NAP NAP NAP NAP
4.18 Property   1 Wallace Commons Dollar Tree 8,125 8.2% 2/29/2028 Longhorn Steakhouse 5,570 5.7% 1/31/2029
4.19 Property   1 Waterford Park South Michaels 21,727 23.6% 2/28/2026 PetSmart 20,087 21.9% 1/31/2032
4.20 Property   1 Evergreen Marketplace Michaels 21,574 43.3% 2/28/2026 Classy Nails 3,222 6.5% 11/30/2028
4.21 Property   1 Derby Marketplace Ross Dress For Less 25,000 25.0% 1/31/2027 TJ Maxx 20,000 20.0% 3/31/2026
4.22 Property   1 Stoneridge Village PetSmart 12,157 16.8% 1/31/2027 Five Below 8,000 11.0% 1/31/2026
4.23 Property   1 FreshThyme & DSW DSW 18,654 38.0% 1/31/2028 Massage Envy 4,298 8.8% 2/28/2026
4.24 Property   1 Crossroads Annex Petco 12,500 30.8% 1/31/2027 Popshelf 10,078 24.8% 8/31/2033
4.25 Property   1 Tellico Village Preferred Pharmacy Tellico 2,400 5.9% 2/14/2025 Courtley Chiropractic 1,200 2.9% 3/31/2027
4.26 Property   1 Walmart Neighborhood Market Asian Bistro 3,300 6.4% 1/31/2026 Dominos Pizza 1,800 3.5% 9/27/2025
4.27 Property   1 PetSmart & Old Navy PetSmart 13,858 47.8% 9/30/2032 NAP NAP NAP NAP
4.28 Property   1 Sutters Creek Citi Trends 19,794 24.7% 11/30/2026 Mattress Firm 4,500 5.6% 9/30/2026
4.29 Property   1 Mattress Firm & Panera Bread Panera Bread 4,300 48.9% 3/31/2029 NAP NAP NAP NAP
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio                
6.01 Property   1 1-4 Plant Street & 41 Wall Street NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 2222 & 2300 Highland Road NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 12, 16, 27 1 The Park at Trowbridge NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio                
8.01 Property   1 The Residence at Patriot Place NAP NAP NAP NAP NAP NAP NAP NAP
8.02 Property   1 Magnolia Manor NAP NAP NAP NAP NAP NAP NAP NAP
8.03 Property   1 The Retreat at Ragan Park NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks                
9.01 Property   1 6940 Cornhusker Highway NAP NAP NAP NAP NAP NAP NAP NAP
9.02 Property   1 221 Law Street NAP NAP NAP NAP NAP NAP NAP NAP
9.03 Property   1 1956 Singleton Boulevard NAP NAP NAP NAP NAP NAP NAP NAP
9.04 Property   1 351 21st Street NAP NAP NAP NAP NAP NAP NAP NAP
9.05 Property   1 161 Lorne Avenue West NAP NAP NAP NAP NAP NAP NAP NAP
9.06 Property   1 18300 Market Street NAP NAP NAP NAP NAP NAP NAP NAP
9.07 Property   1 3232 West Lancaster Avenue NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 6, 16 2 Metra Portfolio                
10.01 Property   1 Belding NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Grand Rapids NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 20 1 Utica Park Place At Home Stores 107,400 21.7% 1/31/2029 Gabe's 61,094 12.3% 4/30/2033
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street First-Citizens Bank & Trust Company 153,680 16.0% 5/31/2034 New York University 117,382 12.2% 6/30/2027
13 Loan 6, 7, 19, 30 2 OPI Portfolio                
13.01 Property   1 1 Primerica Parkway NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 701 Clay Avenue NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 1, 7, 12, 26 1 Creekside Town Center Burlington Coat Factory 37,212 10.3% 1/31/2026 Bobs Discount Furniture 34,456 9.5% 5/31/2032
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion Marshalls 34,151 12.4% 10/31/2025 Burlington Coat Factory 26,928 9.8% 2/29/2032
17 Loan   1 Magnolia Cove Apartments NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson CDIL Data Centre USA LLC (Hudson Interxchange) 172,775 15.0% 9/30/2032 Telx - New York LLC (Digital Realty) 95,494 8.3% 10/31/2027
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments                
19.01 Property   1 Knoll Ridge Apartments I NAP NAP NAP NAP NAP NAP NAP NAP
19.02 Property   1 Knoll Ridge Apartments II NAP NAP NAP NAP NAP NAP NAP NAP
19.03 Property   1 Knoll Ridge Apartments III NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue MarketLab Research Inc 9,606 5.0% 9/30/2024 Ferragamo 9,586 5.0% 3/31/2032
21 Loan 19, 20 1 Chesterfield Marketplace Skyzone 37,500 18.8% 6/30/2028 PetSmart 26,040 13.1% 2/28/2034
22 Loan 19, 33 1 3 Palms Resort NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-17 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date
           4, 21, 22, 23, 28         4, 21, 22, 23, 28       
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace Ross Dress for Less 24,970 12.4% 1/31/2029 Burke's 23,231 11.5% 10/31/2033
24 Loan   1 SOS Storage Center NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio                
25.01 Property   1 Twin County Plaza Big Lots 37,800 22.9% 1/31/2032 Tractor Supply Co 32,000 19.4% 6/26/2027
25.02 Property   1 Prestonsburg Village Big Lots 26,342 14.8% 1/31/2029 Save A Lot  20,238 11.3% 9/30/2028
25.03 Property   1 Village Center Ollie's Bargain Outlet 28,498 19.8% 10/31/2027 Burke's Outlet Store 23,669 16.4% 1/31/2032
25.04 Property   1 River Creek Village Harbor Freight 25,515 19.3% 4/30/2031 Aldi Foods 13,632 10.3% 1/31/2026
25.05 Property   1 Jackson Park Shoe Sensation 8,747 7.0% 6/30/2025 Dollar General 8,012 6.4% 9/30/2024
25.06 Property   1 Wabash Crossing West J&K Aquariums & Pets  29,000 21.9% 12/31/2024 Dunham's Sports 25,000 18.9% 1/31/2025
25.07 Property   1 Oak Station Big Lots 28,895 18.8% 1/31/2030 Harbor Freight 24,300 15.8% 7/31/2030
25.08 Property   1 College Square Plaza Save-A-Lot  21,560 14.5% 6/30/2024 Dollar Tree 15,120 10.2% 10/31/2030
25.09 Property   1 Lowell Plaza Dollar General 8,043 13.1% 6/30/2025 Anytime Fitness  7,000 11.4% 3/31/2026
25.10 Property   1 Flint River Plaza Farmers Home Furniture  12,000 15.3% 5/31/2025 Dollar Tree 10,500 13.4% 8/31/2025
25.11 Property   1 Jackson Square Farmers Home Furniture 13,652 18.0% 2/28/2031 Rent-A-Center 8,100 10.7% 7/31/2026
26 Loan 19, 27 1 Holiday Inn Kansas City NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 23 1 Terraces at Windy Hill Perfect Note 9,018 12.1% 1/31/2030 US Postal Service 7,791 10.5% 1/31/2028
28 Loan 16, 19, 20 1 Empire Burbank McCormick Construction 1,238 7.6% 2/28/2026 McCormick Interiors and Renovations Inc. 1,235 7.5% 5/31/2026
29 Loan 19 1 Best Western Plus Wichita West Airport NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center Jumpin Catfish 6,873 12.3% 4/30/2026 Kidding Around 6,240 11.2% 4/30/2027
32 Loan 2, 15, 22 1 11 West Prospect Avenue Westchester Jewish Community 3,400 20.2% 5/31/2024 Habibi Convenience Store 650 3.9% 12/31/2030

 

 A-18 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date
           4, 21, 22, 23, 28         4, 21, 22, 23, 28       
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall Zara 21,759 2.0% 10/31/2028 Forever 21 21,628 2.0% 1/31/2026
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace Burlington 81,282 4.2% 1/31/2026 Medieval Times 66,244 3.4% 8/31/2033
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio                
3.01 Property   1 Three Bala Plaza Investedge, Inc. 28,563 7.3% 5/31/2026 Harmelin Media, Inc. 23,810 6.1% 6/30/2024
3.02 Property   1 One Bala Plaza Chas, Kurz & Co., Inc 15,046 3.9% 4/30/2030 Savran Benson LLP 6,778 1.8% 1/31/2029
3.03 Property   1 Two Bala Plaza iHeartmedia + Entertainment, Inc 15,097 4.2% 1/31/2030 Merrill Lynch, Pierce, Fenner & Smith, Incorporated 14,319 4.0% 9/21/2028
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio                
4.01 Property   1 Northwoods Marketplace Michael's 23,327 9.9% 2/28/2026 PetSmart 17,445 7.4% 11/30/2028
4.02 Property   1 The Centrum Guitar Center 16,000 5.8% 9/30/2029 Boot Barn Western and Work Wear 12,000 4.4% 8/31/2032
4.03 Property   1 Lawton Marketplace Old Navy 14,995 7.6% 1/31/2034 PetSmart 12,328 6.3% 1/31/2024
4.04 Property   1 Carlisle Crossing Harbor Freight Tools 14,565 9.6% 8/31/2033  Furniture & Mattress Discounters, Inc. 10,478 6.9% 5/31/2024
4.05 Property   1 Southway Shopping Center dd's DISCOUNTS 18,000 9.9% 1/31/2033 My Melrose 12,680 7.0% 12/31/2028
4.06 Property   1 Parkway Centre South La-Z-Boy 18,025 13.7% 9/30/2032 Ulta 10,004 7.6% 9/30/2025
4.07 Property   1 Houma Crossing Five Below 10,000 5.5% 1/31/2029 China Buffet 8,000 4.4% 12/31/2027
4.08 Property   1 North Lake Square Five Below 8,111 5.8% 7/31/2026 Chicken Salad Chick 3,078 2.2% 6/30/2027
4.09 Property   1 Liberty Crossing Five Below 8,474 8.0% 2/29/2032 Rack Room Shoes, Inc 5,500 5.2% 1/31/2024
4.10 Property   1 Owensboro Town Center Jo-Ann Fabrics 13,560 8.2% 1/31/2027 Ulta 13,500 8.2% 2/28/2027
4.11 Property   1 Harbor Town Center EyeMart Express 4,271 3.1% 12/31/2028 Midwest Dental 3,828 2.8% 11/30/2027
4.12 Property   1 Lord Salisbury Center Old Navy 14,800 13.0% MTM Mattress Warehouse 3,600 3.2% 7/31/2027
4.13 Property   1 Terrell Mill Village Animal Dermatology 3,065 4.1% 7/31/2028 Kims Care Kleeners 2,125 2.8% 4/30/2024
4.14 Property   1 The Ridge at Turtle Creek Massage Envy 3,150 3.2% 3/31/2028 Keesler Federal Credit Union 2,500 2.5% 1/31/2025
4.15 Property   1 Nordstrom Rack NAP NAP NAP NAP NAP NAP NAP NAP
4.16 Property   1 Ventura Place Jinja Bistro 5,428 8.2% 10/31/2026 Orangetheory Fitness 3,600 5.4% 12/31/2026
4.17 Property   1 Quail Springs NAP NAP NAP NAP NAP NAP NAP NAP
4.18 Property   1 Wallace Commons The Athletes Foot 5,000 5.1% 11/30/2025 Glidden Paints 4,455 4.5% MTM
4.19 Property   1 Waterford Park South CenterWell 5,400 5.9% 6/30/2030 Panera Bread 4,600 5.0% 12/31/2030
4.20 Property   1 Evergreen Marketplace NAP NAP NAP NAP NAP NAP NAP NAP
4.21 Property   1 Derby Marketplace NAP NAP NAP NAP NAP NAP NAP NAP
4.22 Property   1 Stoneridge Village Buffalo Wild Wings 5,400 7.5% 10/8/2029 GameStop 1,926 2.7% 1/31/2024
4.23 Property   1 FreshThyme & DSW NAP NAP NAP NAP NAP NAP NAP NAP
4.24 Property   1 Crossroads Annex NAP NAP NAP NAP NAP NAP NAP NAP
4.25 Property   1 Tellico Village Salon Anew 1,200 2.9% 3/31/2026 Edward D. Jones & Co. 1,200 2.9% 1/31/2026
4.26 Property   1 Walmart Neighborhood Market S&J Spirits 1,500 2.9% 10/1/2030 Sassy Me Nail Spa 1,500 2.9% 11/30/2025
4.27 Property   1 PetSmart & Old Navy NAP NAP NAP NAP NAP NAP NAP NAP
4.28 Property   1 Sutters Creek NAP NAP NAP NAP NAP NAP NAP NAP
4.29 Property   1 Mattress Firm & Panera Bread NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio                
6.01 Property   1 1-4 Plant Street & 41 Wall Street NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 2222 & 2300 Highland Road NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 12, 16, 27 1 The Park at Trowbridge NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio                
8.01 Property   1 The Residence at Patriot Place NAP NAP NAP NAP NAP NAP NAP NAP
8.02 Property   1 Magnolia Manor NAP NAP NAP NAP NAP NAP NAP NAP
8.03 Property   1 The Retreat at Ragan Park NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks                
9.01 Property   1 6940 Cornhusker Highway NAP NAP NAP NAP NAP NAP NAP NAP
9.02 Property   1 221 Law Street NAP NAP NAP NAP NAP NAP NAP NAP
9.03 Property   1 1956 Singleton Boulevard NAP NAP NAP NAP NAP NAP NAP NAP
9.04 Property   1 351 21st Street NAP NAP NAP NAP NAP NAP NAP NAP
9.05 Property   1 161 Lorne Avenue West NAP NAP NAP NAP NAP NAP NAP NAP
9.06 Property   1 18300 Market Street NAP NAP NAP NAP NAP NAP NAP NAP
9.07 Property   1 3232 West Lancaster Avenue NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 6, 16 2 Metra Portfolio                
10.01 Property   1 Belding NAP NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Grand Rapids NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 20 1 Utica Park Place Value City Furniture 56,027 11.3% 1/31/2030 Best Buy 45,426 9.2% 3/31/2029
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street Kohn Pedersen Fox Associates, P.C. 92,788 9.7% 4/30/2027 Burberry (Wholesale) Limited 45,509 4.7% 8/31/2037
13 Loan 6, 7, 19, 30 2 OPI Portfolio                
13.01 Property   1 1 Primerica Parkway NAP NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 701 Clay Avenue NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 1, 7, 12, 26 1 Creekside Town Center Nordstrom Rack 32,794 9.1% 8/31/2026 Marshalls 30,709 8.5% 1/31/2027
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion DSW 26,083 9.5% 10/31/2025 Old Navy 23,578 8.5% 8/31/2030
17 Loan   1 Magnolia Cove Apartments NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson zColo, LLC (DataBank) 57,840 5.0% 7/31/2032 Centurylink Communications 37,472 3.3% 9/30/2033
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments                
19.01 Property   1 Knoll Ridge Apartments I NAP NAP NAP NAP NAP NAP NAP NAP
19.02 Property   1 Knoll Ridge Apartments II NAP NAP NAP NAP NAP NAP NAP NAP
19.03 Property   1 Knoll Ridge Apartments III NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue TGI Friday's 8,644 4.5% 10/31/2025 Zegna 7,958 4.1% 3/31/2032
21 Loan 19, 20 1 Chesterfield Marketplace Staples 24,049 12.1% 10/31/2026 Rocksteady Fitness 16,700 8.4% 6/1/2030
22 Loan 19, 33 1 3 Palms Resort NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-19 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Fourth Largest Tenant Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date
           4, 21, 22, 23, 28         4, 21, 22, 23, 28       
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace Michaels 21,400 10.6% 2/28/2033 Rack Room Shoes, Inc 15,297 7.6% 1/31/2028
24 Loan   1 SOS Storage Center NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio                
25.01 Property   1 Twin County Plaza Lincare Inc.  8,470 5.1% 8/31/2027 Cato 6,000 3.6% 1/31/2028
25.02 Property   1 Prestonsburg Village Goodwill  11,963 6.7% 10/31/2027 Dollar Tree 8,083 4.5% 1/31/2026
25.03 Property   1 Village Center Harbor Freight 15,000 10.4% 4/30/2033 Dollar Tree 8,470 5.9% 8/31/2026
25.04 Property   1 River Creek Village Open Door Thrift Store  12,600 9.5% 3/31/2026 American Rental   5,988 4.5% 9/30/2025
25.05 Property   1 Jackson Park Hibbett Sports 7,761 6.2% 6/30/2026 American Rental  6,982 5.6% 8/31/2026
25.06 Property   1 Wabash Crossing West Shoe Sensation 9,350 7.1% 7/31/2027 Dollar Tree 9,000 6.8% 3/31/2025
25.07 Property   1 Oak Station Marshalls 21,135 13.8% 3/31/2032 Outdoor Toys and Accessories  10,948 7.1% 6/30/2027
25.08 Property   1 College Square Plaza Rent-A-Center 8,050 5.4% 8/31/2025 Anytime Fitness 6,000 4.0% 6/30/2027
25.09 Property   1 Lowell Plaza Route 2 Wellness  4,051 6.6% 4/30/2029 The Smoke Shop  2,704 4.4% 4/30/2026
25.10 Property   1 Flint River Plaza Beauty Magic  8,450 10.8% 12/31/2027 CareConnect Pediatrics  3,500 4.5% 2/28/2029
25.11 Property   1 Jackson Square Dollar Tree 8,000 10.6% 1/31/2027 Factory Connection 6,000 7.9% 10/31/2024
26 Loan 19, 27 1 Holiday Inn Kansas City NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 23 1 Terraces at Windy Hill My Salon Suites 5,242 7.0% 1/31/2028 Three Dollar Cafe 4,097 5.5% 11/30/2031
28 Loan 16, 19, 20 1 Empire Burbank Allegro Recordings 1,225 7.5% 5/31/2027 NAP NAP NAP NAP
29 Loan 19 1 Best Western Plus Wichita West Airport NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center Coldwater 5,771 10.3% 2/1/2028 Elite Gym 4,503 8.1% 12/31/2030
32 Loan 2, 15, 22 1 11 West Prospect Avenue Sara Blessings Hair Braiding 650 3.9% 5/31/2033 Kingston Barber and Lounge (CPR Services) 650 3.9% 10/31/2028

 

 A-20 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N)
                      17        
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 11/7/2023 NAP 11/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 9/25/2023, 9/29/2023 NAP 9/8/2023 NAP NAP No Fee NAP NAP  NAP  NAP
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio                       
3.01 Property   1 Three Bala Plaza 8/3/2023 NAP 8/3/2023 NAP NAP No Fee NAP NAP  NAP  NAP
3.02 Property   1 One Bala Plaza 8/3/2023 NAP 8/3/2023 NAP NAP No Fee NAP NAP  NAP  NAP
3.03 Property   1 Two Bala Plaza 8/3/2023 NAP 8/3/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio                       
4.01 Property   1 Northwoods Marketplace 8/1/2023 NAP 8/1/2023 8/1/2023 14% No Fee NAP NAP  NAP  NAP
4.02 Property   1 The Centrum 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.03 Property   1 Lawton Marketplace 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.04 Property   1 Carlisle Crossing 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.05 Property   1 Southway Shopping Center 8/1/2023 NAP 8/4/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
4.06 Property   1 Parkway Centre South 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.07 Property   1 Houma Crossing 8/1/2023 NAP 8/6/2023 NAP NAP Yes - AH Fee NAP NAP  NAP  NAP
4.08 Property   1 North Lake Square 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.09 Property   1 Liberty Crossing 8/1/2023 NAP 8/4/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.10 Property   1 Owensboro Town Center 8/1/2023 NAP 8/1/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
4.11 Property   1 Harbor Town Center 8/1/2023 NAP 8/8/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.12 Property   1 Lord Salisbury Center 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.13 Property   1 Terrell Mill Village 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.14 Property   1 The Ridge at Turtle Creek 8/1/2023 NAP 8/6/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.15 Property   1 Nordstrom Rack 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.16 Property   1 Ventura Place 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.17 Property   1 Quail Springs 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.18 Property   1 Wallace Commons 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.19 Property   1 Waterford Park South 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.20 Property   1 Evergreen Marketplace 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.21 Property   1 Derby Marketplace 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.22 Property   1 Stoneridge Village 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.23 Property   1 FreshThyme & DSW 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.24 Property   1 Crossroads Annex 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.25 Property   1 Tellico Village 8/1/2023 NAP 8/4/2023 8/4/2023 6% No Fee NAP NAP  NAP  NAP
4.26 Property   1 Walmart Neighborhood Market 8/1/2023 NAP 8/1/2023 8/1/2023 13% No Fee NAP NAP  NAP  NAP
4.27 Property   1 PetSmart & Old Navy 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.28 Property   1 Sutters Creek 8/1/2023 NAP 8/7/2023 NAP NAP No Fee NAP NAP  NAP  NAP
4.29 Property   1 Mattress Firm & Panera Bread 8/1/2023 NAP 8/1/2023 NAP NAP No Fee NAP NAP  NAP  NAP
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 8/14/2023 NAP 8/14/2023 NAP NAP No Fee NAP NAP  NAP  NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio                       
6.01 Property   1 1-4 Plant Street & 41 Wall Street 9/18/2023 NAP 9/15/2023 NAP NAP No Fee NAP NAP  NAP  NAP
6.02 Property   1 2222 & 2300 Highland Road 9/18/2023 NAP 9/18/2023 NAP NAP No Fee NAP NAP  NAP  NAP
7 Loan 12, 16, 27 1 The Park at Trowbridge 10/27/2023 NAP 10/23/2023 NAP NAP No Fee NAP NAP  NAP  NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio                       
8.01 Property   1 The Residence at Patriot Place 9/13/2023 NAP 9/21/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
8.02 Property   1 Magnolia Manor 8/22/2023 NAP 8/23/2023 NAP NAP No Fee NAP NAP  NAP  NAP
8.03 Property   1 The Retreat at Ragan Park 9/13/2023 NAP 9/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks                       
9.01 Property   1 6940 Cornhusker Highway 5/23/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
9.02 Property   1 221 Law Street 5/19/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
9.03 Property   1 1956 Singleton Boulevard 5/19/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
9.04 Property   1 351 21st Street 5/19/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
9.05 Property   1 161 Lorne Avenue West 5/19/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
9.06 Property   1 18300 Market Street 5/19/2023 NAP 5/19/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
9.07 Property   1 3232 West Lancaster Avenue 5/19/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
10 Loan 6, 16 2 Metra Portfolio                       
10.01 Property   1 Belding 9/19/2023 NAP 8/30/2023 NAP NAP No Fee NAP NAP  NAP  NAP
10.02 Property   1 Grand Rapids 9/19/2023 NAP 8/30/2023 NAP NAP No Fee NAP NAP  NAP  NAP
11 Loan 20 1 Utica Park Place 9/19/2023 NAP 9/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 4/24/2023 NAP 5/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
13 Loan 6, 7, 19, 30 2 OPI Portfolio                       
13.01 Property   1 1 Primerica Parkway 7/14/2023 NAP 5/16/2023 NAP NAP No Fee NAP NAP  NAP  NAP
13.02 Property   1 701 Clay Avenue 7/14/2023 NAP 5/16/2023 NAP NAP No Fee NAP NAP  NAP  NAP
14 Loan 1, 7, 12, 26 1 Creekside Town Center 8/2/2023 NAP 6/22/2023 9/14/2023 3% No Fee NAP NAP  NAP  NAP
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 8/4/2023 NAP 8/4/2023 NAP NAP No Fee NAP NAP  NAP  NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 2/9/2023 NAP 2/24/2023 NAP NAP No Fee NAP NAP  NAP  NAP
17 Loan   1 Magnolia Cove Apartments 10/10/2023 NAP 10/10/2023 NAP NAP No Fee NAP NAP  NAP  NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 5/11/2023 NAP 5/11/2023 NAP NAP No Fee NAP NAP  NAP  NAP
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments                       
19.01 Property   1 Knoll Ridge Apartments I 8/22/2023 NAP 8/22/2023 NAP NAP No Fee NAP NAP  NAP  NAP
19.02 Property   1 Knoll Ridge Apartments II 8/22/2023 NAP 8/22/2023 NAP NAP No Fee NAP NAP  NAP  NAP
19.03 Property   1 Knoll Ridge Apartments III 8/22/2023 NAP 8/23/2023 NAP NAP No Fee NAP NAP  NAP  NAP
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 8/31/2023 NAP 8/31/2023 NAP NAP No Fee NAP NAP  NAP  NAP
21 Loan 19, 20 1 Chesterfield Marketplace 3/6/2023 NAP 3/6/2023 NAP NAP No Fee NAP NAP  NAP  NAP
22 Loan 19, 33 1 3 Palms Resort 9/25/2023 NAP 9/25/2023 NAP NAP No Fee NAP NAP  NAP  NAP

 

 A-21 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N)
                      17        
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 5/15/2023 NAP 6/2/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
24 Loan   1 SOS Storage Center 7/25/2023 NAP 7/25/2023 7/25/2023 12% No Fee NAP NAP  NAP  NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio                       
25.01 Property   1 Twin County Plaza 7/14/2023 NAP 7/14/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.02 Property   1 Prestonsburg Village 7/14/2023 NAP 7/14/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.03 Property   1 Village Center 7/14/2023 NAP 7/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.04 Property   1 River Creek Village 7/14/2023 NAP 7/14/2023 NAP NAP Yes - AE, A1-A30 Fee NAP NAP  NAP  NAP
25.05 Property   1 Jackson Park 7/17/2023 NAP 7/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.06 Property   1 Wabash Crossing West 7/14/2023 NAP 7/18/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.07 Property   1 Oak Station 7/14/2023 NAP 7/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.08 Property   1 College Square Plaza 7/14/2023 NAP 7/18/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.09 Property   1 Lowell Plaza 7/17/2023 NAP 7/18/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.10 Property   1 Flint River Plaza 7/14/2023 NAP 7/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
25.11 Property   1 Jackson Square 7/14/2023 NAP 7/19/2023 NAP NAP No Fee NAP NAP  NAP  NAP
26 Loan 19, 27 1 Holiday Inn Kansas City 6/13/2023 NAP 6/15/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
27 Loan 23 1 Terraces at Windy Hill 10/10/2023 NAP 10/10/2023 NAP NAP No Fee NAP NAP  NAP  NAP
28 Loan 16, 19, 20 1 Empire Burbank 3/21/2023 NAP 3/23/2023 3/21/2023 16% No Fee NAP NAP  NAP  NAP
29 Loan 19 1 Best Western Plus Wichita West Airport 8/10/2023 NAP 8/10/2023 NAP NAP No Fee NAP NAP  NAP  NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 2/23/2023 NAP 2/15/2023 NAP NAP Yes - AE Fee NAP NAP  NAP  NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 6/8/2022 NAP 10/5/2023 NAP NAP No Fee NAP NAP  NAP  NAP
32 Loan 2, 15, 22 1 11 West Prospect Avenue 10/2/2023 NAP 10/2/2023 NAP NAP No Fee NAP NAP  NAP  NAP

 

 A-22 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($)  Upfront Replacement / PIP Reserve ($)  Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($)
          18 19 18 19 18 19 20
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 0 Springing 0 Springing 0 Springing 0
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 0 Springing 0 Springing 0 Springing 0
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 346,446 346,446 56,824 28,412 0 23,514 846,514
3.01 Property   1 Three Bala Plaza              
3.02 Property   1 One Bala Plaza              
3.03 Property   1 Two Bala Plaza              
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 4,174,654 596,379 5,240 1,310 0 Springing 0
4.01 Property   1 Northwoods Marketplace              
4.02 Property   1 The Centrum              
4.03 Property   1 Lawton Marketplace              
4.04 Property   1 Carlisle Crossing              
4.05 Property   1 Southway Shopping Center              
4.06 Property   1 Parkway Centre South              
4.07 Property   1 Houma Crossing              
4.08 Property   1 North Lake Square              
4.09 Property   1 Liberty Crossing              
4.10 Property   1 Owensboro Town Center              
4.11 Property   1 Harbor Town Center              
4.12 Property   1 Lord Salisbury Center              
4.13 Property   1 Terrell Mill Village              
4.14 Property   1 The Ridge at Turtle Creek              
4.15 Property   1 Nordstrom Rack              
4.16 Property   1 Ventura Place              
4.17 Property   1 Quail Springs              
4.18 Property   1 Wallace Commons              
4.19 Property   1 Waterford Park South              
4.20 Property   1 Evergreen Marketplace              
4.21 Property   1 Derby Marketplace              
4.22 Property   1 Stoneridge Village              
4.23 Property   1 FreshThyme & DSW              
4.24 Property   1 Crossroads Annex              
4.25 Property   1 Tellico Village              
4.26 Property   1 Walmart Neighborhood Market              
4.27 Property   1 PetSmart & Old Navy              
4.28 Property   1 Sutters Creek              
4.29 Property   1 Mattress Firm & Panera Bread              
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 1,615 1,615 54,798 9,133 0 2,104 0
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 0 Springing 0 Springing 0 Springing 112,316
6.01 Property   1 1-4 Plant Street & 41 Wall Street              
6.02 Property   1 2222 & 2300 Highland Road              
7 Loan 12, 16, 27 1 The Park at Trowbridge 148,178 37,045 293,784 32,643 500,000 6,667 400,000
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 69,758 26,830 79,884 22,190 0 21,792 0
8.01 Property   1 The Residence at Patriot Place              
8.02 Property   1 Magnolia Manor              
8.03 Property   1 The Retreat at Ragan Park              
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks 0 Springing 0 Springing 0 Springing 0
9.01 Property   1 6940 Cornhusker Highway              
9.02 Property   1 221 Law Street              
9.03 Property   1 1956 Singleton Boulevard              
9.04 Property   1 351 21st Street              
9.05 Property   1 161 Lorne Avenue West              
9.06 Property   1 18300 Market Street              
9.07 Property   1 3232 West Lancaster Avenue              
10 Loan 6, 16 2 Metra Portfolio 0 Springing 0 Springing 0 Springing 0
10.01 Property   1 Belding              
10.02 Property   1 Grand Rapids              
11 Loan 20 1 Utica Park Place 0 Springing 0 Springing 0 4,949 225,000
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 0 Springing 0 Springing 0 Springing 288,170
13 Loan 6, 7, 19, 30 2 OPI Portfolio 0 Springing 791 Springing 0 Springing 0
13.01 Property   1 1 Primerica Parkway              
13.02 Property   1 701 Clay Avenue              
14 Loan 1, 7, 12, 26 1 Creekside Town Center 104,378 104,378 20,555 20,555 0 0 0
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 481,034 60,129 15,776 15,776 0 56,066 0
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 385,265 77,053 0 Springing 80,000 3,448 0
17 Loan   1 Magnolia Cove Apartments 413,674 34,473 64,224 10,756 0 7,833 0
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 7,089,987 1,772,497 0 Springing 0 Springing 0
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 72,230 14,001 65,523 9,293 320,000 Springing 320,000
19.01 Property   1 Knoll Ridge Apartments I              
19.02 Property   1 Knoll Ridge Apartments II              
19.03 Property   1 Knoll Ridge Apartments III              
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 692,165 230,722 0 Springing 0 4,022 0
21 Loan 19, 20 1 Chesterfield Marketplace 88,318 12,617 0 Springing 300,000 2,492 0
22 Loan 19, 33 1 3 Palms Resort 22,265 4,453 5,344 5,344 0 15,454 0

 

 A-23 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($)  Upfront Replacement / PIP Reserve ($)  Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($)
          18 19 18 19 18 19 20
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 29,285 9,762 8,871 2,957 0 1,681 0
24 Loan   1 SOS Storage Center 123,731 13,748 0 1,754 0 915 0
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 164,119 76,652 0 Springing 0 19,770 0
25.01 Property   1 Twin County Plaza              
25.02 Property   1 Prestonsburg Village              
25.03 Property   1 Village Center              
25.04 Property   1 River Creek Village              
25.05 Property   1 Jackson Park              
25.06 Property   1 Wabash Crossing West              
25.07 Property   1 Oak Station              
25.08 Property   1 College Square Plaza              
25.09 Property   1 Lowell Plaza              
25.10 Property   1 Flint River Plaza              
25.11 Property   1 Jackson Square              
26 Loan 19, 27 1 Holiday Inn Kansas City 14,484 14,484 26,228 7,312 0 9,997 0
27 Loan 23 1 Terraces at Windy Hill 33,840 11,280 42,620 4,262 0 1,180 0
28 Loan 16, 19, 20 1 Empire Burbank 35,372 5,895 0 0 0 685 0
29 Loan 19 1 Best Western Plus Wichita West Airport 9,555 9,555 54,195 4,169 0 8,673 0
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 0 Springing 0 Springing 0 Springing 0
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 0 Springing 0 Springing 0 1,682 0
32 Loan 2, 15, 22 1 11 West Prospect Avenue 20,000 6,825 0 2,000 0 281 0

 

 A-24 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name  Upfront TI/LC Reserve ($)  Monthly TI/LC Reserve ($) TI/LC Caps ($)  Upfront Debt Service Reserve ($)  Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($)  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)
          18 19 20 18 19 20 18 18 19
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 0 Springing 0 0 0 0 0 7,299,496 0
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 0 231,942 5,566,608 0 0 0 0 4,384,369 0
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 5,000,000 Springing 2,000,000 0 0 0 0 3,708,965 0
3.01 Property   1 Three Bala Plaza                  
3.02 Property   1 One Bala Plaza                  
3.03 Property   1 Two Bala Plaza                  
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 0 Springing  0 0 0 0 1,027,622 10,130,356 0
4.01 Property   1 Northwoods Marketplace                  
4.02 Property   1 The Centrum                  
4.03 Property   1 Lawton Marketplace                  
4.04 Property   1 Carlisle Crossing                  
4.05 Property   1 Southway Shopping Center                  
4.06 Property   1 Parkway Centre South                  
4.07 Property   1 Houma Crossing                  
4.08 Property   1 North Lake Square                  
4.09 Property   1 Liberty Crossing                  
4.10 Property   1 Owensboro Town Center                  
4.11 Property   1 Harbor Town Center                  
4.12 Property   1 Lord Salisbury Center                  
4.13 Property   1 Terrell Mill Village                  
4.14 Property   1 The Ridge at Turtle Creek                  
4.15 Property   1 Nordstrom Rack                  
4.16 Property   1 Ventura Place                  
4.17 Property   1 Quail Springs                  
4.18 Property   1 Wallace Commons                  
4.19 Property   1 Waterford Park South                  
4.20 Property   1 Evergreen Marketplace                  
4.21 Property   1 Derby Marketplace                  
4.22 Property   1 Stoneridge Village                  
4.23 Property   1 FreshThyme & DSW                  
4.24 Property   1 Crossroads Annex                  
4.25 Property   1 Tellico Village                  
4.26 Property   1 Walmart Neighborhood Market                  
4.27 Property   1 PetSmart & Old Navy                  
4.28 Property   1 Sutters Creek                  
4.29 Property   1 Mattress Firm & Panera Bread                  
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 0 0 0 1,403,864 0 0 0 8,000,000 0
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 0 Springing 561,578 0 0 0 0 0 0
6.01 Property   1 1-4 Plant Street & 41 Wall Street                  
6.02 Property   1 2222 & 2300 Highland Road                  
7 Loan 12, 16, 27 1 The Park at Trowbridge 0 0 0 0 0 0 0 4,200,000 0
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 0 0 0 0 0 0 534,766 1,257,500 0
8.01 Property   1 The Residence at Patriot Place                  
8.02 Property   1 Magnolia Manor                  
8.03 Property   1 The Retreat at Ragan Park                  
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks 0 Springing 0 0 0 0 0 0 Springing
9.01 Property   1 6940 Cornhusker Highway                  
9.02 Property   1 221 Law Street                  
9.03 Property   1 1956 Singleton Boulevard                  
9.04 Property   1 351 21st Street                  
9.05 Property   1 161 Lorne Avenue West                  
9.06 Property   1 18300 Market Street                  
9.07 Property   1 3232 West Lancaster Avenue                  
10 Loan 6, 16 2 Metra Portfolio 0 Springing 0 0 0 0 0 0 0
10.01 Property   1 Belding                  
10.02 Property   1 Grand Rapids                  
11 Loan 20 1 Utica Park Place 0 18,750 900,000 0 0 0 0 0 Springing
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 10,000,000 240,142 0 0 0 0 0 19,165,251 0
13 Loan 6, 7, 19, 30 2 OPI Portfolio 0 Springing 2,173,883 0 0 0 11,550 11,674,256 Springing
13.01 Property   1 1 Primerica Parkway                  
13.02 Property   1 701 Clay Avenue                  
14 Loan 1, 7, 12, 26 1 Creekside Town Center 2,500,000 Springing 1,500,000 0 0 0 0 185,505 Springing
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 0 0 0 0 0 0 124,740 1,931,820 0
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion 200,000 14,446 358,610 0 0 0 386,478 1,488,312 0
17 Loan   1 Magnolia Cove Apartments 0 0 0 0 0 0 82,625 0 0
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 0 Springing 0 0 0 0 0 0 0
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments 0 0 0 0 0 0 564,441 50,000 0
19.01 Property   1 Knoll Ridge Apartments I                  
19.02 Property   1 Knoll Ridge Apartments II                  
19.03 Property   1 Knoll Ridge Apartments III                  
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue 500,000 32,172 1,544,256 0 0 0 11,500 0 Springing
21 Loan 19, 20 1 Chesterfield Marketplace 200,000 8,308 600,000 0 0 0 166,564 1,065,325 Springing
22 Loan 19, 33 1 3 Palms Resort 0 0 0 0 0 0 0 31,297 31,297

 

 A-25 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name  Upfront TI/LC Reserve ($)  Monthly TI/LC Reserve ($) TI/LC Caps ($)  Upfront Debt Service Reserve ($)  Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($)  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)
          18 19 20 18 19 20 18 18 19
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace 307,000 8,823 423,000 0 0 0 14,375 2,056,681 Springing
24 Loan   1 SOS Storage Center 0 0 0 0 0 0 0 0 0
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio 2,205,000 Springing 2,000,000 0 0 0 2,524,926 44,167 0
25.01 Property   1 Twin County Plaza                  
25.02 Property   1 Prestonsburg Village                  
25.03 Property   1 Village Center                  
25.04 Property   1 River Creek Village                  
25.05 Property   1 Jackson Park                  
25.06 Property   1 Wabash Crossing West                  
25.07 Property   1 Oak Station                  
25.08 Property   1 College Square Plaza                  
25.09 Property   1 Lowell Plaza                  
25.10 Property   1 Flint River Plaza                  
25.11 Property   1 Jackson Square                  
26 Loan 19, 27 1 Holiday Inn Kansas City 0 0 0 0 0 0 0 0 0
27 Loan 23 1 Terraces at Windy Hill 0 Springing 0 0 0 0 54,358 355,863 Springing
28 Loan 16, 19, 20 1 Empire Burbank 0 740 0 0 0 0 0 855,493 Springing
29 Loan 19 1 Best Western Plus Wichita West Airport 0 0 0 0 0 0 0 0 0
30 Loan 16, 19 1 Babcock & Wilcox - Chanute 0 Springing 0 0 0 0 0 0 0
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center 0 3,005 0 0 0 0 69,828 922,849 0
32 Loan 2, 15, 22 1 11 West Prospect Avenue 50,000 1,404 0 0 0 0 0 0 0

 

 A-26 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name  Other Reserve Description  Other Reserve Cap ($)
            20
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall Outstanding TI/LC Reserve ($6,460,707), Gap Rent Reserve ($838,789.17) 0
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace Outstanding TI/LC Reserve ($3,796,478), Gap Rent Reserve ($587,891) 0
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio Garage Repair Reserve ($2,300,000), Unfunded Obligations Reserve ($1,179,363.26), Free Rent Reserve ($229,601.42) 0
3.01 Property   1 Three Bala Plaza    
3.02 Property   1 One Bala Plaza    
3.03 Property   1 Two Bala Plaza    
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio Outstanding TI/LC Reserve ($9,576,923), Free Rent Reserve ($311,601), Gap Rent Reserve ($241,832) 0
4.01 Property   1 Northwoods Marketplace    
4.02 Property   1 The Centrum    
4.03 Property   1 Lawton Marketplace    
4.04 Property   1 Carlisle Crossing    
4.05 Property   1 Southway Shopping Center    
4.06 Property   1 Parkway Centre South    
4.07 Property   1 Houma Crossing    
4.08 Property   1 North Lake Square    
4.09 Property   1 Liberty Crossing    
4.10 Property   1 Owensboro Town Center    
4.11 Property   1 Harbor Town Center    
4.12 Property   1 Lord Salisbury Center    
4.13 Property   1 Terrell Mill Village    
4.14 Property   1 The Ridge at Turtle Creek    
4.15 Property   1 Nordstrom Rack    
4.16 Property   1 Ventura Place    
4.17 Property   1 Quail Springs    
4.18 Property   1 Wallace Commons    
4.19 Property   1 Waterford Park South    
4.20 Property   1 Evergreen Marketplace    
4.21 Property   1 Derby Marketplace    
4.22 Property   1 Stoneridge Village    
4.23 Property   1 FreshThyme & DSW    
4.24 Property   1 Crossroads Annex    
4.25 Property   1 Tellico Village    
4.26 Property   1 Walmart Neighborhood Market    
4.27 Property   1 PetSmart & Old Navy    
4.28 Property   1 Sutters Creek    
4.29 Property   1 Mattress Firm & Panera Bread    
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue Loan Proceeds Holdback Reserve 0
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio   0
6.01 Property   1 1-4 Plant Street & 41 Wall Street    
6.02 Property   1 2222 & 2300 Highland Road    
7 Loan 12, 16, 27 1 The Park at Trowbridge Earn-Out Reserve 0
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio Unit Renovation Reserve ($1,105,000.00), Fire Damage Reserve ($152,500.00) 0
8.01 Property   1 The Residence at Patriot Place    
8.02 Property   1 Magnolia Manor    
8.03 Property   1 The Retreat at Ragan Park    
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks Master Lease Trigger Period Avoidance Reserve, DSCR Trigger Period Avoidance Reserve, and Master Lease Reserve 0
9.01 Property   1 6940 Cornhusker Highway    
9.02 Property   1 221 Law Street    
9.03 Property   1 1956 Singleton Boulevard    
9.04 Property   1 351 21st Street    
9.05 Property   1 161 Lorne Avenue West    
9.06 Property   1 18300 Market Street    
9.07 Property   1 3232 West Lancaster Avenue    
10 Loan 6, 16 2 Metra Portfolio   0
10.01 Property   1 Belding    
10.02 Property   1 Grand Rapids    
11 Loan 20 1 Utica Park Place Significant Tenant Reserve 2,500,000
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street Outstanding TI/LC Reserve ($13,479,707.20), Free Rent Reserve ($5,685,543.94) 0
13 Loan 6, 7, 19, 30 2 OPI Portfolio Primerica TATILC Reserve (Upfront: $10,678,756), Rent Concession Reserve (Upfront: $872,849.70), Primerica Work Reserve
(Upfront: $122,650), Material Tenant Funds Reserve (Monthly: Springing)		 Material Tenant Funds Reserve
(12 months of Monthly Material Tenant Deposits)
13.01 Property   1 1 Primerica Parkway    
13.02 Property   1 701 Clay Avenue    
14 Loan 1, 7, 12, 26 1 Creekside Town Center Outstanding TI/LC Reserve (Upfront: $185,505.15), DSCR Trigger Reserve (Monthly: Springing) 0
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg PIP Reserve 0
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion Outstanding TI/LC Reserve 0
17 Loan   1 Magnolia Cove Apartments   0
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson   0
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments Radon Testing Reserve 0
19.01 Property   1 Knoll Ridge Apartments I    
19.02 Property   1 Knoll Ridge Apartments II    
19.03 Property   1 Knoll Ridge Apartments III    
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue Ferragamo Renewal Reserve, Zegna Renewal Reserve 0
21 Loan 19, 20 1 Chesterfield Marketplace Free Rent Reserve (Upfront: $37,575.00), Unfunded Tenant Obligation Reserve (Upfront: $811,002.04),
CAM Reconciliation Reserve (Upfront: $216,748.00), Lease Sweep Reserve (Monthly: Springing)		 Lease Sweep Reserve ($270,000)
22 Loan 19, 33 1 3 Palms Resort Seasonality Reserve 187,779

 

 A-27 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name  Other Reserve Description  Other Reserve Cap ($)
            20
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace Michael and Burk's Buildout (Upfront: $1,080,893); Free Rent Reserve (Upfront: 475,787.62); Old Navy Upfront Holdback
(Upfront: $300,000; Monthly: Springing); Prior Work Reserve (Upfront: $200,000); Lease Sweep Reserve (Monthly: Springing)		 Lease Sweep Reserve ($500,000)
24 Loan   1 SOS Storage Center   0
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio Rent Concessions Reserve 0
25.01 Property   1 Twin County Plaza    
25.02 Property   1 Prestonsburg Village    
25.03 Property   1 Village Center    
25.04 Property   1 River Creek Village    
25.05 Property   1 Jackson Park    
25.06 Property   1 Wabash Crossing West    
25.07 Property   1 Oak Station    
25.08 Property   1 College Square Plaza    
25.09 Property   1 Lowell Plaza    
25.10 Property   1 Flint River Plaza    
25.11 Property   1 Jackson Square    
26 Loan 19, 27 1 Holiday Inn Kansas City   0
27 Loan 23 1 Terraces at Windy Hill Outstanding TILC Reserve (Upfront: $340,524.84), Rent Concession Reserve (Upfront: $15,338.00), Trigger Period Reserve (Monthly: Springing) 0
28 Loan 16, 19, 20 1 Empire Burbank Thinkwell Outstanding Tenant Improvement Reserve (Upfront: $610,273.75); Thinkwell Abated Rent Reserve (Upfront: $53,475);
Thinkwell Occupancy Reserve (Upfront: $160,425); McCormick Interiors Abated Rent Reserve (Upfront: $31,319.34);
Specified Tenant Reserve (Monthly: Springing)		 Specified Tenant Reserve ($225,000)
29 Loan 19 1 Best Western Plus Wichita West Airport   0
30 Loan 16, 19 1 Babcock & Wilcox - Chanute   0
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center Facade Reserve ($860,806.00), Occupancy/NOI Reserve ($50,000.00), Pennies For Gold Leasing Reserve ($12,042.87) 0
32 Loan 2, 15, 22 1 11 West Prospect Avenue   0

 

 A-28 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type Cash Management
              26 26
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP NAP Hard Springing
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace NAP NAP Hard Springing
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio NAP NAP Hard Springing
3.01 Property   1 Three Bala Plaza        
3.02 Property   1 One Bala Plaza        
3.03 Property   1 Two Bala Plaza        
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio NAP NAP Hard Springing
4.01 Property   1 Northwoods Marketplace        
4.02 Property   1 The Centrum        
4.03 Property   1 Lawton Marketplace        
4.04 Property   1 Carlisle Crossing        
4.05 Property   1 Southway Shopping Center        
4.06 Property   1 Parkway Centre South        
4.07 Property   1 Houma Crossing        
4.08 Property   1 North Lake Square        
4.09 Property   1 Liberty Crossing        
4.10 Property   1 Owensboro Town Center        
4.11 Property   1 Harbor Town Center        
4.12 Property   1 Lord Salisbury Center        
4.13 Property   1 Terrell Mill Village        
4.14 Property   1 The Ridge at Turtle Creek        
4.15 Property   1 Nordstrom Rack        
4.16 Property   1 Ventura Place        
4.17 Property   1 Quail Springs        
4.18 Property   1 Wallace Commons        
4.19 Property   1 Waterford Park South        
4.20 Property   1 Evergreen Marketplace        
4.21 Property   1 Derby Marketplace        
4.22 Property   1 Stoneridge Village        
4.23 Property   1 FreshThyme & DSW        
4.24 Property   1 Crossroads Annex        
4.25 Property   1 Tellico Village        
4.26 Property   1 Walmart Neighborhood Market        
4.27 Property   1 PetSmart & Old Navy        
4.28 Property   1 Sutters Creek        
4.29 Property   1 Mattress Firm & Panera Bread        
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAP NAP Springing Springing
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio NAP NAP Hard Springing
6.01 Property   1 1-4 Plant Street & 41 Wall Street        
6.02 Property   1 2222 & 2300 Highland Road        
7 Loan 12, 16, 27 1 The Park at Trowbridge 4,200,000 $4,200,000 deposited into the Earn-Out Reserve to be distributed to the borrower upon certain conditions in the loan agreement. Soft Springing
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio NAP NAP Soft Springing
8.01 Property   1 The Residence at Patriot Place        
8.02 Property   1 Magnolia Manor        
8.03 Property   1 The Retreat at Ragan Park        
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks NAP NAP Hard Springing
9.01 Property   1 6940 Cornhusker Highway        
9.02 Property   1 221 Law Street        
9.03 Property   1 1956 Singleton Boulevard        
9.04 Property   1 351 21st Street        
9.05 Property   1 161 Lorne Avenue West        
9.06 Property   1 18300 Market Street        
9.07 Property   1 3232 West Lancaster Avenue        
10 Loan 6, 16 2 Metra Portfolio NAP NAP Hard Springing
10.01 Property   1 Belding        
10.02 Property   1 Grand Rapids        
11 Loan 20 1 Utica Park Place NAP NAP Hard Springing
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street NAP NAP Hard Springing
13 Loan 6, 7, 19, 30 2 OPI Portfolio NAP NAP Hard Springing
13.01 Property   1 1 Primerica Parkway        
13.02 Property   1 701 Clay Avenue        
14 Loan 1, 7, 12, 26 1 Creekside Town Center NAP NAP Springing Springing
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg NAP NAP Hard Springing
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion NAP NAP Hard Springing
17 Loan   1 Magnolia Cove Apartments NAP NAP Springing Springing
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP NAP Hard In Place
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments NAP NAP Springing Springing
19.01 Property   1 Knoll Ridge Apartments I        
19.02 Property   1 Knoll Ridge Apartments II        
19.03 Property   1 Knoll Ridge Apartments III        
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue NAP NAP Hard Springing
21 Loan 19, 20 1 Chesterfield Marketplace NAP NAP Springing Springing
22 Loan 19, 33 1 3 Palms Resort NAP NAP Hard Springing

 

 A-29 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type Cash Management
              26 26
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace NAP NAP Springing Springing
24 Loan   1 SOS Storage Center NAP NAP Soft Springing
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio NAP NAP Hard Springing
25.01 Property   1 Twin County Plaza        
25.02 Property   1 Prestonsburg Village        
25.03 Property   1 Village Center        
25.04 Property   1 River Creek Village        
25.05 Property   1 Jackson Park        
25.06 Property   1 Wabash Crossing West        
25.07 Property   1 Oak Station        
25.08 Property   1 College Square Plaza        
25.09 Property   1 Lowell Plaza        
25.10 Property   1 Flint River Plaza        
25.11 Property   1 Jackson Square        
26 Loan 19, 27 1 Holiday Inn Kansas City NAP NAP Springing Springing
27 Loan 23 1 Terraces at Windy Hill NAP NAP Springing Springing
28 Loan 16, 19, 20 1 Empire Burbank NAP NAP Hard Springing
29 Loan 19 1 Best Western Plus Wichita West Airport NAP NAP Springing Springing
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP NAP Hard Springing
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center NAP NAP Springing Springing
32 Loan 2, 15, 22 1 11 West Prospect Avenue NAP NAP Hard Springing

 

 A-30 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  Tenant Specific Excess Cash Trap Trigger (Y/N)  Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)
                      9 9
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall Yes No Yes No 68,000,000 196,000,000 1,049,154.54 1,413,146.93
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace Yes Yes Yes No 60,000,000 300,000,000 1,951,989.58 2,342,387.50
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio Yes Yes Yes No 40,000,000 59,500,000 437,869.04 732,234.78
3.01 Property   1 Three Bala Plaza                
3.02 Property   1 One Bala Plaza                
3.03 Property   1 Two Bala Plaza                
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio Yes Yes Yes No 36,000,000 224,000,000 1,219,917.87 1,415,976.10
4.01 Property   1 Northwoods Marketplace                
4.02 Property   1 The Centrum                
4.03 Property   1 Lawton Marketplace                
4.04 Property   1 Carlisle Crossing                
4.05 Property   1 Southway Shopping Center                
4.06 Property   1 Parkway Centre South                
4.07 Property   1 Houma Crossing                
4.08 Property   1 North Lake Square                
4.09 Property   1 Liberty Crossing                
4.10 Property   1 Owensboro Town Center                
4.11 Property   1 Harbor Town Center                
4.12 Property   1 Lord Salisbury Center                
4.13 Property   1 Terrell Mill Village                
4.14 Property   1 The Ridge at Turtle Creek                
4.15 Property   1 Nordstrom Rack                
4.16 Property   1 Ventura Place                
4.17 Property   1 Quail Springs                
4.18 Property   1 Wallace Commons                
4.19 Property   1 Waterford Park South                
4.20 Property   1 Evergreen Marketplace                
4.21 Property   1 Derby Marketplace                
4.22 Property   1 Stoneridge Village                
4.23 Property   1 FreshThyme & DSW                
4.24 Property   1 Crossroads Annex                
4.25 Property   1 Tellico Village                
4.26 Property   1 Walmart Neighborhood Market                
4.27 Property   1 PetSmart & Old Navy                
4.28 Property   1 Sutters Creek                
4.29 Property   1 Mattress Firm & Panera Bread                
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue Yes No No NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio No Yes No NAP NAP NAP NAP NAP
6.01 Property   1 1-4 Plant Street & 41 Wall Street                
6.02 Property   1 2222 & 2300 Highland Road                
7 Loan 12, 16, 27 1 The Park at Trowbridge Yes No No NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio Yes No No NAP NAP NAP NAP NAP
8.01 Property   1 The Residence at Patriot Place                
8.02 Property   1 Magnolia Manor                
8.03 Property   1 The Retreat at Ragan Park                
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks Yes Yes No NAP NAP NAP NAP NAP
9.01 Property   1 6940 Cornhusker Highway                
9.02 Property   1 221 Law Street                
9.03 Property   1 1956 Singleton Boulevard                
9.04 Property   1 351 21st Street                
9.05 Property   1 161 Lorne Avenue West                
9.06 Property   1 18300 Market Street                
9.07 Property   1 3232 West Lancaster Avenue                
10 Loan 6, 16 2 Metra Portfolio Yes Yes No NAP NAP NAP NAP NAP
10.01 Property   1 Belding                
10.02 Property   1 Grand Rapids                
11 Loan 20 1 Utica Park Place Yes Yes No NAP NAP NAP NAP NAP
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street Yes Yes Yes No 26,333,333 247,666,667 1,556,860.18 1,722,394.44
13 Loan 6, 7, 19, 30 2 OPI Portfolio Yes Yes Yes No 25,000,000 29,300,000 189,901.64 351,933.76
13.01 Property   1 1 Primerica Parkway                
13.02 Property   1 701 Clay Avenue                
14 Loan 1, 7, 12, 26 1 Creekside Town Center Yes No Yes No 24,000,000 47,525,000 292,322.76 439,944.98
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg Yes No No NAP NAP NAP NAP NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion Yes Yes No NAP NAP NAP NAP NAP
17 Loan   1 Magnolia Cove Apartments Yes No No NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson Yes No Yes No 20,000,000 260,000,000 1,292,792.83 1,392,238.43
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments Yes No Yes No 17,500,000 25,000,000 152,505.79 259,259.84
19.01 Property   1 Knoll Ridge Apartments I                
19.02 Property   1 Knoll Ridge Apartments II                
19.03 Property   1 Knoll Ridge Apartments III                
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue Yes Yes Yes No 17,000,000 38,000,000 268,830.93 389,097.40
21 Loan 19, 20 1 Chesterfield Marketplace Yes Yes No NAP NAP NAP NAP NAP
22 Loan 19, 33 1 3 Palms Resort Yes No No NAP NAP NAP NAP NAP

 

 A-31 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  Tenant Specific Excess Cash Trap Trigger (Y/N)  Pari Passu (Y/N) Pari Passu in Trust Controlling (Y/N) Trust Pari Passu Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)
                      9 9
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace Yes Yes No NAP NAP NAP NAP NAP
24 Loan   1 SOS Storage Center Yes No No NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio Yes Yes Yes No 13,000,000 40,000,000 230,321.76 305,176.33
25.01 Property   1 Twin County Plaza                
25.02 Property   1 Prestonsburg Village                
25.03 Property   1 Village Center                
25.04 Property   1 River Creek Village                
25.05 Property   1 Jackson Park                
25.06 Property   1 Wabash Crossing West                
25.07 Property   1 Oak Station                
25.08 Property   1 College Square Plaza                
25.09 Property   1 Lowell Plaza                
25.10 Property   1 Flint River Plaza                
25.11 Property   1 Jackson Square                
26 Loan 19, 27 1 Holiday Inn Kansas City Yes No No NAP NAP NAP NAP NAP
27 Loan 23 1 Terraces at Windy Hill Yes No No NAP NAP NAP NAP NAP
28 Loan 16, 19, 20 1 Empire Burbank Yes Yes No NAP NAP NAP NAP NAP
29 Loan 19 1 Best Western Plus Wichita West Airport Yes No No NAP NAP NAP NAP NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute Yes Yes No NAP NAP NAP NAP NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center Yes No No NAP NAP NAP NAP NAP
32 Loan 2, 15, 22 1 11 West Prospect Avenue Yes No No NAP NAP NAP NAP NAP

 

 A-32 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%)
                9   14      
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 30,000,000 10.01625% 294,000,000 1,667,031.04 42.4% 2.05 14.3% NAP NAP
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace NAP NAP 360,000,000 2,342,387.50 41.4% 1.98 16.1% NAP NAP
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio NAP NAP 99,500,000 732,234.78 47.4% 1.68 16.2% 30,000,000 5.00000%
3.01 Property   1 Three Bala Plaza                  
3.02 Property   1 One Bala Plaza                  
3.03 Property   1 Two Bala Plaza                  
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio NAP NAP 260,000,000 1,415,976.10 51.2% 1.97 13.8% NAP NAP
4.01 Property   1 Northwoods Marketplace                  
4.02 Property   1 The Centrum                  
4.03 Property   1 Lawton Marketplace                  
4.04 Property   1 Carlisle Crossing                  
4.05 Property   1 Southway Shopping Center                  
4.06 Property   1 Parkway Centre South                  
4.07 Property   1 Houma Crossing                  
4.08 Property   1 North Lake Square                  
4.09 Property   1 Liberty Crossing                  
4.10 Property   1 Owensboro Town Center                  
4.11 Property   1 Harbor Town Center                  
4.12 Property   1 Lord Salisbury Center                  
4.13 Property   1 Terrell Mill Village                  
4.14 Property   1 The Ridge at Turtle Creek                  
4.15 Property   1 Nordstrom Rack                  
4.16 Property   1 Ventura Place                  
4.17 Property   1 Quail Springs                  
4.18 Property   1 Wallace Commons                  
4.19 Property   1 Waterford Park South                  
4.20 Property   1 Evergreen Marketplace                  
4.21 Property   1 Derby Marketplace                  
4.22 Property   1 Stoneridge Village                  
4.23 Property   1 FreshThyme & DSW                  
4.24 Property   1 Crossroads Annex                  
4.25 Property   1 Tellico Village                  
4.26 Property   1 Walmart Neighborhood Market                  
4.27 Property   1 PetSmart & Old Navy                  
4.28 Property   1 Sutters Creek                  
4.29 Property   1 Mattress Firm & Panera Bread                  
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 1-4 Plant Street & 41 Wall Street                  
6.02 Property   1 2222 & 2300 Highland Road                  
7 Loan 12, 16, 27 1 The Park at Trowbridge NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP
8.01 Property   1 The Residence at Patriot Place                  
8.02 Property   1 Magnolia Manor                  
8.03 Property   1 The Retreat at Ragan Park                  
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks NAP NAP NAP NAP NAP NAP NAP NAP NAP
9.01 Property   1 6940 Cornhusker Highway                  
9.02 Property   1 221 Law Street                  
9.03 Property   1 1956 Singleton Boulevard                  
9.04 Property   1 351 21st Street                  
9.05 Property   1 161 Lorne Avenue West                  
9.06 Property   1 18300 Market Street                  
9.07 Property   1 3232 West Lancaster Avenue                  
10 Loan 6, 16 2 Metra Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 Belding                  
10.02 Property   1 Grand Rapids                  
11 Loan 20 1 Utica Park Place NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street NAP NAP 274,000,000 1,722,394.44 49.4% 1.39 11.6% 56,000,000 14.00000%
13 Loan 6, 7, 19, 30 2 OPI Portfolio NAP NAP 54,300,000 351,933.76 48.4% 1.75 13.8% NAP NAP
13.01 Property   1 1 Primerica Parkway                  
13.02 Property   1 701 Clay Avenue                  
14 Loan 1, 7, 12, 26 1 Creekside Town Center NAP NAP 71,525,000 439,944.98 56.9% 1.51 11.2% NAP NAP
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan   1 Magnolia Cove Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP NAP 280,000,000 1,392,238.43 17.5% 3.92 24.2% NAP NAP
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments NAP NAP 42,500,000 259,259.84 68.1% 1.37 10.2% NAP NAP
19.01 Property   1 Knoll Ridge Apartments I                  
19.02 Property   1 Knoll Ridge Apartments II                  
19.03 Property   1 Knoll Ridge Apartments III                  
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue NAP NAP 55,000,000 389,097.40 57.9% 1.57 14.2% NAP NAP
21 Loan 19, 20 1 Chesterfield Marketplace NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 19, 33 1 3 Palms Resort NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-33 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%) Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%)
                9   14      
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan   1 SOS Storage Center NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio NAP NAP 53,000,000 305,176.33 67.0% 1.59 11.4% NAP NAP
25.01 Property   1 Twin County Plaza                  
25.02 Property   1 Prestonsburg Village                  
25.03 Property   1 Village Center                  
25.04 Property   1 River Creek Village                  
25.05 Property   1 Jackson Park                  
25.06 Property   1 Wabash Crossing West                  
25.07 Property   1 Oak Station                  
25.08 Property   1 College Square Plaza                  
25.09 Property   1 Lowell Plaza                  
25.10 Property   1 Flint River Plaza                  
25.11 Property   1 Jackson Square                  
26 Loan 19, 27 1 Holiday Inn Kansas City NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 23 1 Terraces at Windy Hill NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 16, 19, 20 1 Empire Burbank NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 19 1 Best Western Plus Wichita West Airport NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 2, 15, 22 1 11 West Prospect Avenue NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-34 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type
            9   14   13 13
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP NAP NAP NAP NAP No NAP
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace NAP NAP NAP NAP NAP No NAP
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 129,500,000 858,970.89 61.6% 1.43 12.5% No NAP
3.01 Property   1 Three Bala Plaza              
3.02 Property   1 One Bala Plaza              
3.03 Property   1 Two Bala Plaza              
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio NAP NAP NAP NAP NAP No NAP
4.01 Property   1 Northwoods Marketplace              
4.02 Property   1 The Centrum              
4.03 Property   1 Lawton Marketplace              
4.04 Property   1 Carlisle Crossing              
4.05 Property   1 Southway Shopping Center              
4.06 Property   1 Parkway Centre South              
4.07 Property   1 Houma Crossing              
4.08 Property   1 North Lake Square              
4.09 Property   1 Liberty Crossing              
4.10 Property   1 Owensboro Town Center              
4.11 Property   1 Harbor Town Center              
4.12 Property   1 Lord Salisbury Center              
4.13 Property   1 Terrell Mill Village              
4.14 Property   1 The Ridge at Turtle Creek              
4.15 Property   1 Nordstrom Rack              
4.16 Property   1 Ventura Place              
4.17 Property   1 Quail Springs              
4.18 Property   1 Wallace Commons              
4.19 Property   1 Waterford Park South              
4.20 Property   1 Evergreen Marketplace              
4.21 Property   1 Derby Marketplace              
4.22 Property   1 Stoneridge Village              
4.23 Property   1 FreshThyme & DSW              
4.24 Property   1 Crossroads Annex              
4.25 Property   1 Tellico Village              
4.26 Property   1 Walmart Neighborhood Market              
4.27 Property   1 PetSmart & Old Navy              
4.28 Property   1 Sutters Creek              
4.29 Property   1 Mattress Firm & Panera Bread              
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAP NAP NAP NAP NAP No NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
6.01 Property   1 1-4 Plant Street & 41 Wall Street              
6.02 Property   1 2222 & 2300 Highland Road              
7 Loan 12, 16, 27 1 The Park at Trowbridge NAP NAP NAP NAP NAP No NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
8.01 Property   1 The Residence at Patriot Place              
8.02 Property   1 Magnolia Manor              
8.03 Property   1 The Retreat at Ragan Park              
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks NAP NAP NAP NAP NAP No NAP
9.01 Property   1 6940 Cornhusker Highway              
9.02 Property   1 221 Law Street              
9.03 Property   1 1956 Singleton Boulevard              
9.04 Property   1 351 21st Street              
9.05 Property   1 161 Lorne Avenue West              
9.06 Property   1 18300 Market Street              
9.07 Property   1 3232 West Lancaster Avenue              
10 Loan 6, 16 2 Metra Portfolio NAP NAP NAP NAP NAP No NAP
10.01 Property   1 Belding              
10.02 Property   1 Grand Rapids              
11 Loan 20 1 Utica Park Place NAP NAP NAP NAP NAP No NAP
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 330,000,000 2,384,801.85 59.5% 1.00 9.6% No NAP
13 Loan 6, 7, 19, 30 2 OPI Portfolio NAP NAP NAP NAP NAP No NAP
13.01 Property   1 1 Primerica Parkway              
13.02 Property   1 701 Clay Avenue              
14 Loan 1, 7, 12, 26 1 Creekside Town Center NAP NAP NAP NAP NAP No NAP
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg NAP NAP NAP NAP NAP No NAP
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion NAP NAP NAP NAP NAP No NAP
17 Loan   1 Magnolia Cove Apartments NAP NAP NAP NAP NAP No NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP NAP NAP NAP NAP No NAP
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments NAP NAP NAP NAP NAP No NAP
19.01 Property   1 Knoll Ridge Apartments I              
19.02 Property   1 Knoll Ridge Apartments II              
19.03 Property   1 Knoll Ridge Apartments III              
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue NAP NAP NAP NAP NAP No NAP
21 Loan 19, 20 1 Chesterfield Marketplace NAP NAP NAP NAP NAP No NAP
22 Loan 19, 33 1 3 Palms Resort NAP NAP NAP NAP NAP No NAP

 

 A-35 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type
            9   14   13 13
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace NAP NAP NAP NAP NAP No NAP
24 Loan   1 SOS Storage Center NAP NAP NAP NAP NAP No NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio NAP NAP NAP NAP NAP No NAP
25.01 Property   1 Twin County Plaza              
25.02 Property   1 Prestonsburg Village              
25.03 Property   1 Village Center              
25.04 Property   1 River Creek Village              
25.05 Property   1 Jackson Park              
25.06 Property   1 Wabash Crossing West              
25.07 Property   1 Oak Station              
25.08 Property   1 College Square Plaza              
25.09 Property   1 Lowell Plaza              
25.10 Property   1 Flint River Plaza              
25.11 Property   1 Jackson Square              
26 Loan 19, 27 1 Holiday Inn Kansas City NAP NAP NAP NAP NAP No NAP
27 Loan 23 1 Terraces at Windy Hill NAP NAP NAP NAP NAP No NAP
28 Loan 16, 19, 20 1 Empire Burbank NAP NAP NAP NAP NAP No NAP
29 Loan 19 1 Best Western Plus Wichita West Airport NAP NAP NAP NAP NAP No NAP
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP NAP NAP NAP NAP No NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center NAP NAP NAP NAP NAP No NAP
32 Loan 2, 15, 22 1 11 West Prospect Avenue NAP NAP NAP NAP NAP No NAP

 

 A-36 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Sponsor Non-Recourse Carveout Guarantor
            24
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall Simon Property Group, L.P. and Institutional Mall Investors LLC Simon Property Group, L.P.
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace Simon Property Group, L.P. Simon Property Group, L.P.
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio Carolyn Dayon, Harry Adjmi, Eva Vegh and Yael Ishakis Carolyn Dayon, Harry Adjmi, Eva Vegh and Yael Ishakis
3.01 Property   1 Three Bala Plaza    
3.02 Property   1 One Bala Plaza    
3.03 Property   1 Two Bala Plaza    
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio Global Net Lease, Inc. Global Net Lease, Inc.
4.01 Property   1 Northwoods Marketplace    
4.02 Property   1 The Centrum    
4.03 Property   1 Lawton Marketplace    
4.04 Property   1 Carlisle Crossing    
4.05 Property   1 Southway Shopping Center    
4.06 Property   1 Parkway Centre South    
4.07 Property   1 Houma Crossing    
4.08 Property   1 North Lake Square    
4.09 Property   1 Liberty Crossing    
4.10 Property   1 Owensboro Town Center    
4.11 Property   1 Harbor Town Center    
4.12 Property   1 Lord Salisbury Center    
4.13 Property   1 Terrell Mill Village    
4.14 Property   1 The Ridge at Turtle Creek    
4.15 Property   1 Nordstrom Rack    
4.16 Property   1 Ventura Place    
4.17 Property   1 Quail Springs    
4.18 Property   1 Wallace Commons    
4.19 Property   1 Waterford Park South    
4.20 Property   1 Evergreen Marketplace    
4.21 Property   1 Derby Marketplace    
4.22 Property   1 Stoneridge Village    
4.23 Property   1 FreshThyme & DSW    
4.24 Property   1 Crossroads Annex    
4.25 Property   1 Tellico Village    
4.26 Property   1 Walmart Neighborhood Market    
4.27 Property   1 PetSmart & Old Navy    
4.28 Property   1 Sutters Creek    
4.29 Property   1 Mattress Firm & Panera Bread    
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue Martin Joseph and Hershy Silberstein Martin Joseph and Hershy Silberstein
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio AG Net Lease IV (Q) Corp., AG Net Lease IV Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P. AG Net Lease IV (Q) Corp., AG Net Lease IV Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P.
6.01 Property   1 1-4 Plant Street & 41 Wall Street    
6.02 Property   1 2222 & 2300 Highland Road    
7 Loan 12, 16, 27 1 The Park at Trowbridge David Dedvukaj David Dedvukaj
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio Moshe Horn Moshe Horn, Ari Biderman, and Mordechy Donat
8.01 Property   1 The Residence at Patriot Place    
8.02 Property   1 Magnolia Manor    
8.03 Property   1 The Retreat at Ragan Park    
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks New Mountain Net Lease Partners II Corporation New Mountain Net Lease Partners II Corporation
9.01 Property   1 6940 Cornhusker Highway    
9.02 Property   1 221 Law Street    
9.03 Property   1 1956 Singleton Boulevard    
9.04 Property   1 351 21st Street    
9.05 Property   1 161 Lorne Avenue West    
9.06 Property   1 18300 Market Street    
9.07 Property   1 3232 West Lancaster Avenue    
10 Loan 6, 16 2 Metra Portfolio Agracel, Inc. Agracel, Inc.
10.01 Property   1 Belding    
10.02 Property   1 Grand Rapids    
11 Loan 20 1 Utica Park Place REDICO Properties LLC  REDICO Properties LLC 
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street Tishman Speyer Properties, L.P. and Silverstein Properties, LLC NAP
13 Loan 6, 7, 19, 30 2 OPI Portfolio Office Properties Income Trust Office Properties Income Trust
13.01 Property   1 1 Primerica Parkway    
13.02 Property   1 701 Clay Avenue    
14 Loan 1, 7, 12, 26 1 Creekside Town Center Cane Living Trust Dated February 17, 1981 and The Ronald and Mary Ellen Cane 1996 Irrevocable Trust Cane Living Trust Dated February 17, 1981 and The Ronald and Mary Ellen Cane 1996 Irrevocable Trust
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg Joel Yacoob and Shiya Labin Joel Yacoob and Shiya Labin
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion Shridhar Marupudi and Ziaur Rahman Shridhar Marupudi and Ziaur Rahman
17 Loan   1 Magnolia Cove Apartments Gary W. Gates, Jr. Gary W. Gates, Jr.
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson The Stahl Organization NAP
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments Mendel Steiner Mendel Steiner
19.01 Property   1 Knoll Ridge Apartments I    
19.02 Property   1 Knoll Ridge Apartments II    
19.03 Property   1 Knoll Ridge Apartments III    
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue Jeffrey J. Feil Jeffrey J. Feil and Joseph Nakash
21 Loan 19, 20 1 Chesterfield Marketplace Yitzchak M. Green and Basha Rivka Green Yitzchak M. Green and Basha Rivka Green
22 Loan 19, 33 1 3 Palms Resort Peter Sun and Lily Hsue Peter Sun and Lily Hsue

 

 A-37 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Sponsor Non-Recourse Carveout Guarantor
            24
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace Joshua S. Peck Joshua S. Peck
24 Loan   1 SOS Storage Center Wayne G. Anastasi and Scott Anastasi Wayne G. Anastasi and Scott Anastasi
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio Regency Commercial Associates LLC Regency Commercial Associates LLC
25.01 Property   1 Twin County Plaza    
25.02 Property   1 Prestonsburg Village    
25.03 Property   1 Village Center    
25.04 Property   1 River Creek Village    
25.05 Property   1 Jackson Park    
25.06 Property   1 Wabash Crossing West    
25.07 Property   1 Oak Station    
25.08 Property   1 College Square Plaza    
25.09 Property   1 Lowell Plaza    
25.10 Property   1 Flint River Plaza    
25.11 Property   1 Jackson Square    
26 Loan 19, 27 1 Holiday Inn Kansas City Larry Patel Larry Patel
27 Loan 23 1 Terraces at Windy Hill David R. Fried and Fried Living Trust Dated June 27, 1997 David R. Fried and Fried Living Trust Dated June 27, 1997
28 Loan 16, 19, 20 1 Empire Burbank Weston Cookler and Hillary Cookler Weston Cookler and Hillary Cookler
29 Loan 19 1 Best Western Plus Wichita West Airport Larry Patel Larry Patel
30 Loan 16, 19 1 Babcock & Wilcox - Chanute Dax T.S. Mitchell and Andrew Gi Dax T.S. Mitchell and Andrew Gi
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center Andrew Brain and Chadwick Sneed Andrew Brain and Chadwick Sneed
32 Loan 2, 15, 22 1 11 West Prospect Avenue Francesco Brusco Francesco Brusco

 

 A-38 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Delaware Statutory Trust
(Y/N)		 Tenants-in-common
(Y/N)		 Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($)
            33   29            
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall No No Refinance No 264,000,000 88,955,402 30,000,000 0 382,955,402 373,692,064
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace No No Refinance No 360,000,000 32,236,503 0 0 392,236,503 384,870,923
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio No Yes Acquisition   99,500,000 51,299,773 30,000,000 20,298,509 201,098,281 0
3.01 Property   1 Three Bala Plaza       No            
3.02 Property   1 One Bala Plaza       No            
3.03 Property   1 Two Bala Plaza       No            
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio No No Recapitalization   260,000,000 0 0 0 260,000,000 0
4.01 Property   1 Northwoods Marketplace       No            
4.02 Property   1 The Centrum       No            
4.03 Property   1 Lawton Marketplace       No            
4.04 Property   1 Carlisle Crossing       No            
4.05 Property   1 Southway Shopping Center       No            
4.06 Property   1 Parkway Centre South       No            
4.07 Property   1 Houma Crossing       No            
4.08 Property   1 North Lake Square       No            
4.09 Property   1 Liberty Crossing       No            
4.10 Property   1 Owensboro Town Center       No            
4.11 Property   1 Harbor Town Center       No            
4.12 Property   1 Lord Salisbury Center       No            
4.13 Property   1 Terrell Mill Village       No            
4.14 Property   1 The Ridge at Turtle Creek       No            
4.15 Property   1 Nordstrom Rack       No            
4.16 Property   1 Ventura Place       No            
4.17 Property   1 Quail Springs       No            
4.18 Property   1 Wallace Commons       No            
4.19 Property   1 Waterford Park South       No            
4.20 Property   1 Evergreen Marketplace       No            
4.21 Property   1 Derby Marketplace       No            
4.22 Property   1 Stoneridge Village       No            
4.23 Property   1 FreshThyme & DSW       No            
4.24 Property   1 Crossroads Annex       No            
4.25 Property   1 Tellico Village       No            
4.26 Property   1 Walmart Neighborhood Market       No            
4.27 Property   1 PetSmart & Old Navy       No            
4.28 Property   1 Sutters Creek       No            
4.29 Property   1 Mattress Firm & Panera Bread       No            
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue No No Refinance No 36,000,000 0 0 0 36,000,000 23,050,592
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio No No Recapitalization   34,000,000 0 0 0 34,000,000 0
6.01 Property   1 1-4 Plant Street & 41 Wall Street       No            
6.02 Property   1 2222 & 2300 Highland Road       No            
7 Loan 12, 16, 27 1 The Park at Trowbridge No No Refinance No 33,000,000 0 0 0 33,000,000 18,652,772
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio No No Refinance   33,000,000 1,381,771 0 0 34,381,771 28,338,908
8.01 Property   1 The Residence at Patriot Place       No            
8.02 Property   1 Magnolia Manor       No            
8.03 Property   1 The Retreat at Ragan Park       No            
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks No No Recapitalization   31,350,000 0 0 0 31,350,000 0
9.01 Property   1 6940 Cornhusker Highway       No            
9.02 Property   1 221 Law Street       No            
9.03 Property   1 1956 Singleton Boulevard       No            
9.04 Property   1 351 21st Street       No            
9.05 Property   1 161 Lorne Avenue West       No            
9.06 Property   1 18300 Market Street       No            
9.07 Property   1 3232 West Lancaster Avenue       No            
10 Loan 6, 16 2 Metra Portfolio No No Acquisition   27,216,296 16,805,252 0 0 44,021,548 0
10.01 Property   1 Belding       No            
10.02 Property   1 Grand Rapids       No            
11 Loan 20 1 Utica Park Place No No Refinance No 27,000,000 188,654 0 0 27,188,654 26,062,741
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street No No Refinance No 274,000,000 13,988,916 56,000,000 0 343,988,916 301,013,950
13 Loan 6, 7, 19, 30 2 OPI Portfolio No No Recapitalization   54,300,000 0 0 0 54,300,000 0
13.01 Property   1 1 Primerica Parkway       No            
13.02 Property   1 701 Clay Avenue       No            
14 Loan 1, 7, 12, 26 1 Creekside Town Center No No Acquisition No 71,525,000 58,342,802 0 0 129,867,802 0
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg No Yes Acquisition No 24,000,000 19,381,117 0 0 43,381,117 0
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion No No Acquisition No            
17 Loan   1 Magnolia Cove Apartments No No Refinance No            
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson No No Refinance No            
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments No No Refinance              
19.01 Property   1 Knoll Ridge Apartments I       No            
19.02 Property   1 Knoll Ridge Apartments II       No            
19.03 Property   1 Knoll Ridge Apartments III       No            
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue No Yes Refinance No            
21 Loan 19, 20 1 Chesterfield Marketplace No No Refinance No            
22 Loan 19, 33 1 3 Palms Resort No Yes Acquisition No            

 

 A-39 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Delaware Statutory Trust
(Y/N)		 Tenants-in-common
(Y/N)		 Loan Purpose Property Located Within a Qualified Opportunity Zone (Y/N) Sources: Loan Amount ($) Sources: Principal's New Cash Contribution ($) Sources: Subordinate Debt ($) Sources: Other Sources ($) Sources: Total Sources ($) Uses: Loan Payoff ($)
            33   29            
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace No Yes Acquisition No            
24 Loan   1 SOS Storage Center No No Refinance No            
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio No No Recapitalization              
25.01 Property   1 Twin County Plaza       No            
25.02 Property   1 Prestonsburg Village       No            
25.03 Property   1 Village Center       No            
25.04 Property   1 River Creek Village       No            
25.05 Property   1 Jackson Park       No            
25.06 Property   1 Wabash Crossing West       No            
25.07 Property   1 Oak Station       No            
25.08 Property   1 College Square Plaza       No            
25.09 Property   1 Lowell Plaza       No            
25.10 Property   1 Flint River Plaza       No            
25.11 Property   1 Jackson Square       No            
26 Loan 19, 27 1 Holiday Inn Kansas City No No Refinance No            
27 Loan 23 1 Terraces at Windy Hill No No Refinance No            
28 Loan 16, 19, 20 1 Empire Burbank No No Refinance No            
29 Loan 19 1 Best Western Plus Wichita West Airport No No Refinance No            
30 Loan 16, 19 1 Babcock & Wilcox - Chanute No No Recapitalization No            
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center No No Refinance No            
32 Loan 2, 15, 22 1 11 West Prospect Avenue No No Refinance No            

 

 A-40 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($)
                                 
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 0 1,963,843 7,299,496 0 0 382,955,402 NAP NAP NAP NAP NAP NAP
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace 0 2,981,210 4,384,369 0 0 392,236,503 NAP NAP NAP NAP NAP NAP
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio 185,000,000 6,986,046 9,112,235 0 0 201,098,281 NAP NAP NAP NAP NAP NAP
3.01 Property   1 Three Bala Plaza             NAP NAP NAP NAP NAP NAP
3.02 Property   1 One Bala Plaza             NAP NAP NAP NAP NAP NAP
3.03 Property   1 Two Bala Plaza             NAP NAP NAP NAP NAP NAP
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio 0 5,051,814 16,315,372 238,632,813 0 260,000,000 NAP NAP NAP NAP NAP NAP
4.01 Property   1 Northwoods Marketplace             NAP NAP NAP NAP NAP NAP
4.02 Property   1 The Centrum             NAP NAP NAP NAP NAP NAP
4.03 Property   1 Lawton Marketplace             NAP NAP NAP NAP NAP NAP
4.04 Property   1 Carlisle Crossing             NAP NAP NAP NAP NAP NAP
4.05 Property   1 Southway Shopping Center             NAP NAP NAP NAP NAP NAP
4.06 Property   1 Parkway Centre South             NAP NAP NAP NAP NAP NAP
4.07 Property   1 Houma Crossing             NAP NAP NAP NAP NAP NAP
4.08 Property   1 North Lake Square             NAP NAP NAP NAP NAP NAP
4.09 Property   1 Liberty Crossing             NAP NAP NAP NAP NAP NAP
4.10 Property   1 Owensboro Town Center             NAP NAP NAP NAP NAP NAP
4.11 Property   1 Harbor Town Center             NAP NAP NAP NAP NAP NAP
4.12 Property   1 Lord Salisbury Center             NAP NAP NAP NAP NAP NAP
4.13 Property   1 Terrell Mill Village             NAP NAP NAP NAP NAP NAP
4.14 Property   1 The Ridge at Turtle Creek             NAP NAP NAP NAP NAP NAP
4.15 Property   1 Nordstrom Rack             NAP NAP NAP NAP NAP NAP
4.16 Property   1 Ventura Place             NAP NAP NAP NAP NAP NAP
4.17 Property   1 Quail Springs             NAP NAP NAP NAP NAP NAP
4.18 Property   1 Wallace Commons             NAP NAP NAP NAP NAP NAP
4.19 Property   1 Waterford Park South             NAP NAP NAP NAP NAP NAP
4.20 Property   1 Evergreen Marketplace             NAP NAP NAP NAP NAP NAP
4.21 Property   1 Derby Marketplace             NAP NAP NAP NAP NAP NAP
4.22 Property   1 Stoneridge Village             NAP NAP NAP NAP NAP NAP
4.23 Property   1 FreshThyme & DSW             NAP NAP NAP NAP NAP NAP
4.24 Property   1 Crossroads Annex             NAP NAP NAP NAP NAP NAP
4.25 Property   1 Tellico Village             NAP NAP NAP NAP NAP NAP
4.26 Property   1 Walmart Neighborhood Market             NAP NAP NAP NAP NAP NAP
4.27 Property   1 PetSmart & Old Navy             NAP NAP NAP NAP NAP NAP
4.28 Property   1 Sutters Creek             NAP NAP NAP NAP NAP NAP
4.29 Property   1 Mattress Firm & Panera Bread             NAP NAP NAP NAP NAP NAP
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue 0 1,071,003 9,460,277 2,418,127 0 36,000,000 NAP NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio 0 4,983,939 0 29,016,061 0 34,000,000 NAP NAP NAP NAP NAP NAP
6.01 Property   1 1-4 Plant Street & 41 Wall Street             NAP NAP NAP NAP NAP NAP
6.02 Property   1 2222 & 2300 Highland Road             NAP NAP NAP NAP NAP NAP
7 Loan 12, 16, 27 1 The Park at Trowbridge 0 800,483 5,141,962 8,404,784 0 33,000,000 NAP NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio 0 4,100,956 1,941,908 0 0 34,381,771 NAP NAP NAP NAP NAP NAP
8.01 Property   1 The Residence at Patriot Place             NAP NAP NAP NAP NAP NAP
8.02 Property   1 Magnolia Manor             NAP NAP NAP NAP NAP NAP
8.03 Property   1 The Retreat at Ragan Park             NAP NAP NAP NAP NAP NAP
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks 0 2,035,024 0 29,314,976 0 31,350,000 NAP NAP NAP NAP NAP NAP
9.01 Property   1 6940 Cornhusker Highway             NAP NAP NAP NAP NAP NAP
9.02 Property   1 221 Law Street             NAP NAP NAP NAP NAP NAP
9.03 Property   1 1956 Singleton Boulevard             NAP NAP NAP NAP NAP NAP
9.04 Property   1 351 21st Street             NAP NAP NAP NAP NAP NAP
9.05 Property   1 161 Lorne Avenue West             NAP NAP NAP NAP NAP NAP
9.06 Property   1 18300 Market Street             NAP NAP NAP NAP NAP NAP
9.07 Property   1 3232 West Lancaster Avenue             NAP NAP NAP NAP NAP NAP
10 Loan 6, 16 2 Metra Portfolio 41,871,225 2,087,823 62,500 0 0 44,021,548 NAP NAP NAP NAP NAP NAP
10.01 Property   1 Belding             NAP NAP NAP NAP NAP NAP
10.02 Property   1 Grand Rapids             NAP NAP NAP NAP NAP NAP
11 Loan 20 1 Utica Park Place 0 1,125,913 0 0 0 27,188,654 NAP NAP NAP NAP NAP NAP
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street 0 13,809,715 29,165,251 0 0 343,988,916 NAP NAP NAP NAP NAP NAP
13 Loan 6, 7, 19, 30 2 OPI Portfolio 0 2,287,633 11,686,597 40,325,770 0 54,300,000 NAP NAP NAP NAP NAP NAP
13.01 Property   1 1 Primerica Parkway             NAP NAP NAP NAP NAP NAP
13.02 Property   1 701 Clay Avenue             NAP NAP NAP NAP NAP NAP
14 Loan 1, 7, 12, 26 1 Creekside Town Center 125,500,000 1,557,364 2,810,438 0 0 129,867,802 NAP NAP NAP NAP NAP NAP
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 40,000,000 827,747 2,553,370 0 0 43,381,117 12/31/2037 103.89 72.72 70.0% 103.89 72.72
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion             NAP NAP NAP NAP NAP NAP
17 Loan   1 Magnolia Cove Apartments             NAP NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson             NAP NAP NAP NAP NAP NAP
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments             NAP NAP NAP NAP NAP NAP
19.01 Property   1 Knoll Ridge Apartments I             NAP NAP NAP NAP NAP NAP
19.02 Property   1 Knoll Ridge Apartments II             NAP NAP NAP NAP NAP NAP
19.03 Property   1 Knoll Ridge Apartments III             NAP NAP NAP NAP NAP NAP
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue             NAP NAP NAP NAP NAP NAP
21 Loan 19, 20 1 Chesterfield Marketplace             NAP NAP NAP NAP NAP NAP
22 Loan 19, 33 1 3 Palms Resort             NAP 101.95 95.62 93.8% 101.23 94.65

 

 A-41 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($) Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($)
                                 
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace             NAP NAP NAP NAP NAP NAP
24 Loan   1 SOS Storage Center             NAP NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio             NAP NAP NAP NAP NAP NAP
25.01 Property   1 Twin County Plaza             NAP NAP NAP NAP NAP NAP
25.02 Property   1 Prestonsburg Village             NAP NAP NAP NAP NAP NAP
25.03 Property   1 Village Center             NAP NAP NAP NAP NAP NAP
25.04 Property   1 River Creek Village             NAP NAP NAP NAP NAP NAP
25.05 Property   1 Jackson Park             NAP NAP NAP NAP NAP NAP
25.06 Property   1 Wabash Crossing West             NAP NAP NAP NAP NAP NAP
25.07 Property   1 Oak Station             NAP NAP NAP NAP NAP NAP
25.08 Property   1 College Square Plaza             NAP NAP NAP NAP NAP NAP
25.09 Property   1 Lowell Plaza             NAP NAP NAP NAP NAP NAP
25.10 Property   1 Flint River Plaza             NAP NAP NAP NAP NAP NAP
25.11 Property   1 Jackson Square             NAP NAP NAP NAP NAP NAP
26 Loan 19, 27 1 Holiday Inn Kansas City             12/16/2039 104.27 56.62 54.3% 104.27 56.62
27 Loan 23 1 Terraces at Windy Hill             NAP NAP NAP NAP NAP NAP
28 Loan 16, 19, 20 1 Empire Burbank             NAP NAP NAP NAP NAP NAP
29 Loan 19 1 Best Western Plus Wichita West Airport             12/28/2026 80.69 46.88 58.1% 80.69 46.88
30 Loan 16, 19 1 Babcock & Wilcox - Chanute             NAP NAP NAP NAP NAP NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center             NAP NAP NAP NAP NAP NAP
32 Loan 2, 15, 22 1 11 West Prospect Avenue             NAP NAP NAP NAP NAP NAP

 

 A-42 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                       
1 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP NAP NAP NAP NAP NAP NAP
2 Loan 1, 3, 7, 12, 13, 23, 24, 31 1 Arundel Mills and Marketplace NAP NAP NAP NAP NAP NAP NAP
3 Loan 2, 6, 7, 12, 13, 20, 23, 33 3 Bala Plaza Portfolio NAP NAP NAP NAP NAP NAP NAP
3.01 Property   1 Three Bala Plaza NAP NAP NAP NAP NAP NAP NAP
3.02 Property   1 One Bala Plaza NAP NAP NAP NAP NAP NAP NAP
3.03 Property   1 Two Bala Plaza NAP NAP NAP NAP NAP NAP NAP
4 Loan 1, 4, 5, 6, 7, 12, 16, 18, 19, 23, 27, 30 29 RTL Retail Portfolio NAP NAP NAP NAP NAP NAP NAP
4.01 Property   1 Northwoods Marketplace NAP NAP NAP NAP NAP NAP NAP
4.02 Property   1 The Centrum NAP NAP NAP NAP NAP NAP NAP
4.03 Property   1 Lawton Marketplace NAP NAP NAP NAP NAP NAP NAP
4.04 Property   1 Carlisle Crossing NAP NAP NAP NAP NAP NAP NAP
4.05 Property   1 Southway Shopping Center NAP NAP NAP NAP NAP NAP NAP
4.06 Property   1 Parkway Centre South NAP NAP NAP NAP NAP NAP NAP
4.07 Property   1 Houma Crossing NAP NAP NAP NAP NAP NAP NAP
4.08 Property   1 North Lake Square NAP NAP NAP NAP NAP NAP NAP
4.09 Property   1 Liberty Crossing NAP NAP NAP NAP NAP NAP NAP
4.10 Property   1 Owensboro Town Center NAP NAP NAP NAP NAP NAP NAP
4.11 Property   1 Harbor Town Center NAP NAP NAP NAP NAP NAP NAP
4.12 Property   1 Lord Salisbury Center NAP NAP NAP NAP NAP NAP NAP
4.13 Property   1 Terrell Mill Village NAP NAP NAP NAP NAP NAP NAP
4.14 Property   1 The Ridge at Turtle Creek NAP NAP NAP NAP NAP NAP NAP
4.15 Property   1 Nordstrom Rack NAP NAP NAP NAP NAP NAP NAP
4.16 Property   1 Ventura Place NAP NAP NAP NAP NAP NAP NAP
4.17 Property   1 Quail Springs NAP NAP NAP NAP NAP NAP NAP
4.18 Property   1 Wallace Commons NAP NAP NAP NAP NAP NAP NAP
4.19 Property   1 Waterford Park South NAP NAP NAP NAP NAP NAP NAP
4.20 Property   1 Evergreen Marketplace NAP NAP NAP NAP NAP NAP NAP
4.21 Property   1 Derby Marketplace NAP NAP NAP NAP NAP NAP NAP
4.22 Property   1 Stoneridge Village NAP NAP NAP NAP NAP NAP NAP
4.23 Property   1 FreshThyme & DSW NAP NAP NAP NAP NAP NAP NAP
4.24 Property   1 Crossroads Annex NAP NAP NAP NAP NAP NAP NAP
4.25 Property   1 Tellico Village NAP NAP NAP NAP NAP NAP NAP
4.26 Property   1 Walmart Neighborhood Market NAP NAP NAP NAP NAP NAP NAP
4.27 Property   1 PetSmart & Old Navy NAP NAP NAP NAP NAP NAP NAP
4.28 Property   1 Sutters Creek NAP NAP NAP NAP NAP NAP NAP
4.29 Property   1 Mattress Firm & Panera Bread NAP NAP NAP NAP NAP NAP NAP
5 Loan 4, 14, 16, 18, 27, 28 1 2136 Honeywell Avenue NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 12, 13, 16 2 MRP Solutions Portfolio NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 1-4 Plant Street & 41 Wall Street NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 2222 & 2300 Highland Road NAP NAP NAP NAP NAP NAP NAP
7 Loan 12, 16, 27 1 The Park at Trowbridge NAP NAP NAP NAP NAP NAP NAP
8 Loan 6, 13, 16, 28 3 Tusk Multifamily Portfolio NAP NAP NAP NAP NAP NAP NAP
8.01 Property   1 The Residence at Patriot Place NAP NAP NAP NAP NAP NAP NAP
8.02 Property   1 Magnolia Manor NAP NAP NAP NAP NAP NAP NAP
8.03 Property   1 The Retreat at Ragan Park NAP NAP NAP NAP NAP NAP NAP
9 Loan 1, 6, 16, 19, 24 7 New Mountain - Cleaver Brooks NAP NAP NAP NAP NAP NAP NAP
9.01 Property   1 6940 Cornhusker Highway NAP NAP NAP NAP NAP NAP NAP
9.02 Property   1 221 Law Street NAP NAP NAP NAP NAP NAP NAP
9.03 Property   1 1956 Singleton Boulevard NAP NAP NAP NAP NAP NAP NAP
9.04 Property   1 351 21st Street NAP NAP NAP NAP NAP NAP NAP
9.05 Property   1 161 Lorne Avenue West NAP NAP NAP NAP NAP NAP NAP
9.06 Property   1 18300 Market Street NAP NAP NAP NAP NAP NAP NAP
9.07 Property   1 3232 West Lancaster Avenue NAP NAP NAP NAP NAP NAP NAP
10 Loan 6, 16 2 Metra Portfolio NAP NAP NAP NAP NAP NAP NAP
10.01 Property   1 Belding NAP NAP NAP NAP NAP NAP NAP
10.02 Property   1 Grand Rapids NAP NAP NAP NAP NAP NAP NAP
11 Loan 20 1 Utica Park Place NAP NAP NAP NAP NAP NAP NAP
12 Loan 1, 4, 7, 12, 13, 19, 21, 23, 24 1 11 West 42nd Street NAP NAP NAP NAP NAP NAP NAP
13 Loan 6, 7, 19, 30 2 OPI Portfolio NAP NAP NAP NAP NAP NAP NAP
13.01 Property   1 1 Primerica Parkway NAP NAP NAP NAP NAP NAP NAP
13.02 Property   1 701 Clay Avenue NAP NAP NAP NAP NAP NAP NAP
14 Loan 1, 7, 12, 26 1 Creekside Town Center NAP NAP NAP NAP NAP NAP NAP
15 Loan 5, 19, 33 1 Hyatt Regency Schaumburg 70.0% 95.79 67.13 70.1% 80.89 44.79 55.4%
16 Loan 12, 19, 20, 23 1 Maple Hill Pavilion NAP NAP NAP NAP NAP NAP NAP
17 Loan   1 Magnolia Cove Apartments NAP NAP NAP NAP NAP NAP NAP
18 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP NAP NAP NAP NAP NAP NAP
19 Loan 6, 7, 16, 19 3 Knoll Ridge Apartments NAP NAP NAP NAP NAP NAP NAP
19.01 Property   1 Knoll Ridge Apartments I NAP NAP NAP NAP NAP NAP NAP
19.02 Property   1 Knoll Ridge Apartments II NAP NAP NAP NAP NAP NAP NAP
19.03 Property   1 Knoll Ridge Apartments III NAP NAP NAP NAP NAP NAP NAP
20 Loan 2, 7, 12, 19, 21, 33 1 645 North Michigan Avenue NAP NAP NAP NAP NAP NAP NAP
21 Loan 19, 20 1 Chesterfield Marketplace NAP NAP NAP NAP NAP NAP NAP
22 Loan 19, 33 1 3 Palms Resort 93.5% 99.31 89.66 90.3% 80.63 72.25 89.6%

 

 A-43 

 

BMO 2023-C7

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and
Property Information)		 # of Properties Property Name Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($) Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%)
                       
23 Loan 12, 16, 19, 20, 23, 33 1 Coleman Marketplace NAP NAP NAP NAP NAP NAP NAP
24 Loan   1 SOS Storage Center NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 5, 6, 7, 19, 23 11 Regency Retail Portfolio NAP NAP NAP NAP NAP NAP NAP
25.01 Property   1 Twin County Plaza NAP NAP NAP NAP NAP NAP NAP
25.02 Property   1 Prestonsburg Village NAP NAP NAP NAP NAP NAP NAP
25.03 Property   1 Village Center NAP NAP NAP NAP NAP NAP NAP
25.04 Property   1 River Creek Village NAP NAP NAP NAP NAP NAP NAP
25.05 Property   1 Jackson Park NAP NAP NAP NAP NAP NAP NAP
25.06 Property   1 Wabash Crossing West NAP NAP NAP NAP NAP NAP NAP
25.07 Property   1 Oak Station NAP NAP NAP NAP NAP NAP NAP
25.08 Property   1 College Square Plaza NAP NAP NAP NAP NAP NAP NAP
25.09 Property   1 Lowell Plaza NAP NAP NAP NAP NAP NAP NAP
25.10 Property   1 Flint River Plaza NAP NAP NAP NAP NAP NAP NAP
25.11 Property   1 Jackson Square NAP NAP NAP NAP NAP NAP NAP
26 Loan 19, 27 1 Holiday Inn Kansas City 54.3% 98.81 49.01 49.6% 87.54 38.60 44.1%
27 Loan 23 1 Terraces at Windy Hill NAP NAP NAP NAP NAP NAP NAP
28 Loan 16, 19, 20 1 Empire Burbank NAP NAP NAP NAP NAP NAP NAP
29 Loan 19 1 Best Western Plus Wichita West Airport 58.1% 78.52 44.28 56.4% 70.86 39.47 55.7%
30 Loan 16, 19 1 Babcock & Wilcox - Chanute NAP NAP NAP NAP NAP NAP NAP
31 Loan 17, 27, 30 1 Southside Plaza Shopping Center NAP NAP NAP NAP NAP NAP NAP
32 Loan 2, 15, 22 1 11 West Prospect Avenue NAP NAP NAP NAP NAP NAP NAP

 

 A-44 

 

Footnotes to Annex A
 
(1) “BMO” denotes Bank of Montreal as Mortgage Loan Seller, “SMC” denotes Starwood Mortgage Capital LLC as Mortgage Loan Seller, “UBS AG” denotes UBS AG, by and through its branch office at 1285 Avenue of the Americas, New York, New York as Mortgage Loan Seller, “KeyBank” denotes KeyBank National Association as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “GCMC” denotes Greystone Commercial Mortgage Capital LLC as Mortgage Loan Seller and “Regions” denotes RRECM Capital II, LLC (formerly known as Sabal Capital II, LLC) as Mortgage Loan Seller.

With respect to Loan No. 1, Woodfield Mall, the mortgage loan is part of a Whole Loan that was co-originated by BMO, Barclays Capital Real Estate Inc. and Bank of America, N.A.  The portion of the Woodfield Mall Mortgage Loan evidenced by promissory note A-2-1 was originated by Barclays Capital Real Estate Inc. and subsequently acquired by BMO.

With respect to Loan No. 2, Arundel Mills and Marketplace, the mortgage loan is part of a whole loan that was co-originated by Wells Fargo Bank, National Association, Societe Generale Financial Corporation, DBR Investments Co. Limited and CREFI.

With respect to Loan No. 4, RTL Retail Portfolio, the mortgage loan is part of a whole loan that was co-originated by KeyBank National Association, Barclays, Societe Generale Financial Corporation and BMO.

With respect to Loan No. 9, New Mountain – Cleaver Brooks, the mortgage loan was originated by Goldman Sachs Bank USA, which transferred the mortgage loan to GS Commercial Real Estate LLC. Such mortgage loan was subsequently acquired by BMO.

With respect to Loan No. 12, 11 West 42nd Street, the mortgage loan is part of a whole loan that was co-originated by Bank of America, N.A., LMF Commercial, LLC and UBS AG.

With respect to Loan No. 14, Creekside Town Center, the mortgage loan is part of a whole loan that was originated by 3650 Real Estate Investment Trust 2 LLC. Such mortgage loan was subsequently acquired by BMO.

With respect to Loan No. 18, 60 Hudson, the mortgage loan is part of a whole loan that was originated by Morgan Stanley Bank, N.A. Such mortgage loan was subsequently acquired by BMO.
   
(2) With respect to Loan No. 3, Bala Plaza Portfolio, the Two Bala Plaza mortgaged property consists of a 10-story office building and a three-story 100,500 square foot retail building fully occupied by Saks Fifth Avenue LLC.

With respect to Loan No. 20, 645 North Michigan Avenue, the mortgaged property is comprised of 164,650 square feet of office space primarily utilized by medical tenants making up 48.8% of underwritten base rent and 28,381 square feet of retail space making up 51.2% of underwritten base rent.

With respect to Loan No. 32, 11 West Prospect Avenue, the mortgaged property is comprised of an office component comprising 13,600 square feet and a retail component comprising 3,250 square feet.
   
(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.

With respect to Loan No. 2, Arundel Mills and Marketplace, the mortgaged property includes a larger mall and lifestyle center which consists of 1,391,652 square feet of owned improvements and 547,331 square feet of leased fee improvements. Occupancy at the mortgaged property represents the occupancy excluding square footage from the leased fee tenant, Live Casino Hotel Maryland, and is based on the Owned SF totaling 1,391,652. Occupancy including Live Casino Hotel Maryland is 98.8%.
 

 

 A-45 

 

 

   
(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. 4, RTL Retail Portfolio, (i) the Largest Tenant at the Ventura Place mortgaged property, VCA Animal Hospitals, Inc., is currently building out its space and is expected to take occupancy in December 2023; however, the tenant is paying rent.

With respect to Loan No. 5, 2136 Honeywell Avenue, the mortgaged property was 93.1% leased as of November 14, 2023. Martin Joseph and Hershy Silberstein entered into a master lease for the seven vacant units which would equate to 100.0% occupancy at the mortgaged property after giving effect to such master lease.

With respect to Loan No. 12, 11 West 42nd Street, the Third Largest Tenant, New York University, is owed approximately $1.65 million in outstanding borrower obligations related to leasing expenses and two months of free rent totaling approximately $1,125,423 ($557,140 in December 2023 and $568,283 in December 2024). All outstanding borrower obligations and free rent was reserved at origination.

With respect to Loan No. 25, Regency Retail Portfolio, the Third Largest Tenant at the College Square Plaza mortgaged property, Dollar Tree, was not yet in occupancy of its relocation space as of the origination of the mortgage loan. A total of $3,413.32 in gap rent was reserved for such tenant at mortgage loan origination.
   
(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. 4, RTL Retail Portfolio, the Cut-off Date LTV Ratio (%) and LTV Ratio at Ma-turity / ARD (%) were calculated using the “As Portfolio” appraised value.

With respect to Loan No. 15, Hyatt Regency Schaumburg, the Appraised Value of $45,100,000 represents the prospective market value upon completion based on the assumptions that the improvements for the PIP Reserve are fully completed. Based on the "as-is" market value of $40,200,000, the Cut-off Date LTV and Maturity Date LTV / ARD (%) are 59.7%.

With respect to Loan No. 25, Regency Retail Portfolio, the appraised value of $79,100,000 is the “as-portfolio” value, which reflects a 1.2% premium attributed to the value of the related mortgaged properties as a whole, and such appraised value results in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 67.0% and 67.0%, respectively. The Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) based on the sum of the “as-is” individual appraised values of the mortgaged properties of $78,125,000 are 67.8% and 67.8%, respectively.

 

 A-46 

 

 

   
(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. 3, Bala Plaza Porfolio

● Loan No. 4, RTL Retail Portfolio

● Loan No. 6, MRP Solutions Portfolio

● Loan No. 8, Tusk Multifamily Portfolio

● Loan No. 9, New Mountain – Cleaver Brooks

● Loan No. 10, Metra Portfolio

● Loan No. 13, OPI Portfolio

● Loan No. 19, Knoll Ridge Apartments

● Loan No. 25, Regency Retail 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, Woodfield Mall

● Loan No. 2, Arundel Mills and Marketplace

● Loan No. 3, Bala Plaza Portfolio

● Loan No. 4, RTL Retail Portfolio

● Loan No. 12, 11 West 42nd Street

● Loan No. 13, OPI Portfolio

● Loan No. 14, Creekside Town Center

● Loan No. 18, 60 Hudson

● Loan No. 19, Knoll Ridge Apartments

● Loan No. 20, 645 North Michigan Avenue

● Loan No. 25, Regency Retail Portfolio

 

 A-47 

 

 

   
(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) Intentionally blank
   
(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 “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, Woodfield Mall, defeasance of the Woodfield Mall Whole Loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the Woodfield Mall Whole Loan to be securitized and (b) June 1, 2027. The assumed defeasance lockout period of 24 payments is based on the closing date of the BMO 2023-C7 transaction in December 2023. The actual defeasance lockout period may be longer. If any pari passu note has not been securitized for two years by June 1, 2027, the borrowers may prepay any note that has not been securitized for two years upon payment of a prepayment fee equal to the greater of (i) 1% of the prepaid amount or (ii) yield maintenance basis in conjunction with defeasance of any securitized pari passu note.

With respect to Loan No. 2, Arundel Mills and Marketplace, defeasance of the Arundel Mills and Marketplace whole loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the Arundel Mills and Marketplace whole loan to be securitized and (b) December 1, 2026. The as-sumed prepayment lockout period of 25 payments is based on the closing date of the BMO 2023-C7 transaction in December 2023. The actual lockout period may be longer. If any pari passu note has not been securitized for two years by December 1, 2026, the borrowers may prepay any note that has not been securitized for two years in an amount equal to the greater of (i) 1% of prepaid amount or (ii) yield maintenance basis.

With respect to Loan No. 2, Arundel Mills and Marketplace, provided that no event of default exists and a control event has not occurred, (I) with respect to a partial prepayment, at any time prior to the date that is two years after the closing date of the securitization that includes the last note to be securitized (the “REMIC Prohibition Period”), and (II) with respect to a partial defeasance, at any time after the earlier to occur of (a) December 1, 2026, and (b) the  expiration of the REMIC Prohibition Period, the Arundel Mills and Marketplace Whole Loan documents permit the release of Arundel Marketplace, which has an allocated loan amount of $11,000,000, upon defeasance or prepayment (together with, if prior to the open period, payment of a prepayment fee equal to the greater of 1.00% of the amount prepaid and a yield maintenance premium), as applicable, of 100% of such allocated loan amount of $11,000,000, provided the following conditions, among others, are satisfied: (i) (a) lender’s determination that the post-release debt yield for the remaining mortgaged property is equal to or greater than the pre-release debt yield for the mortgaged property, or (b) borrowers’ partial defeasance or partial prepayment of the Arundel Mills  

 

 A-48 

 

 

   
  and Marketplace Mortgage Whole Loan in an amount that would result in the post-release debt yield for the remaining mortgaged property being equal to or greater than the pre-release debt yield for the mortgaged property; (ii) an opinion of counsel that the partial release satisfies  REMIC related requirements; and (iii) if Arundel Marketplace is conveyed to an affiliate, (a) receipt of an officer’s certificate confirming that the intended primary use of Arundel Marketplace will not be exclusively for retail, (b) any tenants being relocated to Arundel Marketplace from the mall property have been replaced with comparable tenants on comparable rental terms, (c) the release will not have a material adverse effect on the remaining mortgaged property and (d) a rent roll and leasing plan for the remaining mortgaged property and Arundel Marketplace.

Additionally, the borrower owns a non-income producing 24.21 acre parcel of vacant forestry land, at the mortgaged property ("Forestry Parcel"), adjacent to which is a single-family home. The home was purchased in 2002 and was surrounded by a fence.  Approximately 43,493 square feet of the Forestry Parcel (“Contested Portion”) is located within that fence. The owner of the single-family home has filed an adverse possession suit claiming ownership of the Contested Portion.  The value of the Forestry Parcel was not deducted from the appraised value of the mortgaged property in the appraisal, nor was the Forestry Parcel separately valued in the appraisal. Under the Arundel Mills and Marketplace Whole Loan documents, the borrower may obtain a release from the lien of the mortgage for no additional consideration, of the Contested Portion, or such substantially similar tract of land the borrower is required to convey in connection with the adverse possession suit (or reasonably agrees to convey to settle the suit).

With respect to Loan No. 3, Bala Plaza Portfolio, the borrowers may, provided no event of default has occurred and is continuing, prepay the Bala Plaza Portfolio whole loan in whole but not in part (i) on or after the payment date occurring in May 2028 without the payment of any prepayment premium or (ii) prior to the payment date occurring in May 2028 but excluding the period commencing (a) sixty days prior to an anticipated securitization of the Bala Plaza Portfolio whole loan and ending (b) sixty days after the Bala Plaza Portfolio whole loan has been sold to such securitization with the payment of a pre-payment fee equal to the greater of 1.00% of the amount prepaid and a yield maintenance premium. The assumed prepayment lockout period of three payments is based on the closing date of the BMO 2023-C7 transaction in December 2023. The actual lockout period may be longer.

With respect to Loan No. 3, Bala Plaza Portfolio, provided that no trigger period is continuing under the Bala Plaza Portfolio whole loan documents, at any time prior to the maturity date, except during the pe-riod commencing (a) sixty days prior to an anticipated securitization of the Bala Plaza Portfolio whole loan and ending (b) sixty days after the Bala Plaza Portfolio whole loan has been sold to such securitization, the borrowers may obtain the release of one or more individual Bala Plaza Portfolio Properties in connection with an arms-length sale of such Bala Plaza Portfolio Property to a third party unaffiliated with any borrower, provided that, among other conditions: (i) the borrowers prepay the debt in an amount equal to the greater of (a) 125% of the allocated loan amount for the individual Bala Plaza Portfolio Property, and (b) 100% of the net sales proceeds applicable to such individual Bala Plaza Portfolio Property, (ii) the borrowers have delivered a REMIC opinion, (iii) any conditions to such partial release under the Bala Plaza Portfolio Mezzanine Loan documents have been satisfied, or the Bala Plaza Portfolio Mezzanine Loan has been fully repaidok, (iv) as of the date of notice of the partial release and the consummation of the partial release, after giving effect to the release, the debt service coverage ratio with respect to the remaining Bala Plaza Portfolio Properties is greater than the greater of (a) the debt ser-vice coverage ratio as of the origination of the Bala Plaza Portfolio whole loan, and (b) the debt service coverage ratio for all of the Bala Plaza Portfolio Properties immediately prior to the date of notice of the partial release or the consummation of the partial release, as applicable, (v) as of the date of notice of the partial release and the consummation of the partial release, after giving effect to the release, the debt yield with respect to the remaining Bala Plaza Portfolio Properties is equal to or greater than the greater of (a) the debt yield as of the origination of the Bala Plaza Portfolio whole loan, and (b) the debt yield for all of the Bala Plaza Portfolio Properties immediately prior to the date of notice of the partial release or the consummation of the partial release, as applicable, and (vi) as of the date of notice of the partial release and the consummation of the partial release, after giving effect to the release, the loan-to-value ratio with respect to the remaining Bala Plaza Portfolio Properties is no greater than the lesser of (a) the loan-to-value ratio as of the origination of the Bala Plaza Portfolio whole loan, and (b) the loan-to-value ratio for all of the Bala Plaza

 

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  Portfolio Properties immediately prior to the date of notice of the partial release or the consummation of the partial release, as applicable.

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

With respect to Loan No. 4, RTL Retail Portfolio, the lockout period will be at least 12 months beginning with and including the first payment date on October 6, 2023. Defeasance of the RTL Retail Portfolio Whole Loan in full is permitted at any time after the date that is the earlier of (i) two years from the closing date of the securitization that includes the last pari passu note to be securitized and (ii) August 30, 2026.  In addition, voluntary prepayment of the RTL Retail Portfolio Whole Loan in full, but not in part, is permitted after September 6, 2024, and, if such prepayment is made prior to the open prepayment date on March 6, 2033, with the payment of a yield maintenance premium. The assumed defeasance lockout period of 27 payments is based on the expected BMO 2023-C7 securitization closing date in December 2023. The actual defeasance lockout period may be longer. At any time after September 6, 2024, the borrower may also obtain a release of one or more properties upon satisfaction of the conditions set forth in the loan agreement. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases” in the preliminary prospectus.

With respect to Loan No. 6, MRP Solutions Portfolio, solely in connection with the occurrence of certain casualty or condemnation events resulting in a termination of the lease with the sole tenant (or a major replacement tenant) at the Mortgaged Property, the borrower may obtain the release of the applicable MRP Solutions Portfolio Mortgaged Properties upon the satisfaction of the following conditions, among others: (a) no event of default; (b) the borrower either prepays the MRP Solutions Portfolio Mortgage Loan or, after the expiration of the lockout period, partially defeases the MRP Solutions Portfolio Mortgage Loan, in each case in an amount equal to the 110% of the allocated loan amount attributable to the applicable individual MRP Solutions Portfolio Mortgaged Property to be released; (c) following such partial release event, the borrower continues to be a single purpose entity; (d) after giving effect to such partial release event, the DSCR for the remaining MRP Solutions Portfolio Mortgaged Property is not less than the greater of (i) 1.78x or (ii) the DSCR of the MRP Solutions Portfolio Mortgaged Properties immediately prior to such partial release event; (e) after giving effect to such partial release event, the loan-to-value ratio for the remaining MRP Solutions Portfolio Mortgaged Property does not exceed the lesser of: (i) 59% or (ii) the loan-to-value ratio of the MRP Solutions Portfolio Mortgaged Property immediately prior to such partial release event; and (f) after giving effect to such partial release event, the debt yield for the remaining MRP Solutions Portfolio Mortgaged Property is no less than the greater of: (i) 11% or (ii) the debt yield immediately prior to such partial release event.

With respect to Loan No. 7, The Park at Trowbridge, on or prior to November 6, 2025, provided that no event of default then exists, upon the written request of the borrower, the lender will calculate the mini-mum amount (the “Earn-Out Release Amount”) that, following such release, would result in both (i) an Earn-Out Debt Yield as of the end of the prior month equal to or greater than 11.0% and (ii) an Earn-Out Loan-to-Value Ratio equal to or less than 52.5%. In the event that the Earn-Out Release Amount is equal to or greater than the lesser of (i) $1,500,000 and (ii) the remaining funds in the earn-out reserve account, the lender will disburse to the borrower the applicable Earn-Out Release Amount. After No-vember 6, 2025, the lender may either (i) apply earn-out reserve funds to partially prepay The Park at Trowbridge Mortgage Loan which prepayment would not be considered an event of default (and the bor-rower must pay (A) if the earn-out reserve funds are applied to partially prepay The Park at

 

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  Trowbridge Mortgage Loan on a day other than a monthly payment date, interest on the principal amount so prepaid through the next succeeding monthly payment date and (B) the yield maintenance premium due in con-nection with such prepayment) or (ii) continue to hold the earn-out reserve funds as additional collateral for The Park at Trowbridge Mortgage Loan. Upon completion of a defeasance event or payment in full by the borrower of The Park at Trowbridge Mortgage Loan, the lender will disburse to the borrower all remaining earn-out reserve funds.

“Earn-Out Debt Yield” means as of any date of determination, the percentage determined by Lender by dividing (i) the underwritten net cash flow by (ii) the Earn-Out Outstanding Principal Balance.

“Earn-Out Loan to Value Ratio” means, as of the date of its calculation, a ratio (expressed as a percentage) calculated by the lender, the numerator of which is equal to the Earn-Out Outstanding Principal Balance and the denominator of which is equal to the aggregate appraised value of The Park at Trowbridge Property (provided, however, that with respect to such calculation, the lender will be required to use the most recent appraisal of The Park at Trowbridge Property provided that such appraisal is dated within 12 months of such calculation).

“Earn-Out Outstanding Principal Balance” means, as of the date on which the lender receives a request for disbursement from the earn-out reserve account, an amount equal to (i) the outstanding principal balance of The Park at Trowbridge Mortgage Loan on such date less (ii) the remaining funds in the earn-out reserve account on such date (but determined assuming that the applicable Earn-Out Release Amount has already been disbursed to the borrower).

With respect to Loan No. 12, 11 West 42nd Street, the borrower is permitted to prepay the 11 West 42nd Street whole loan in whole but not in part (i) on or after the payment date occurring in January 2028 without the payment of any prepayment premium or (ii) beginning on the payment date in July 2025 with the payment of a yield maintenance premium. Defeasance of the 11 West 42nd Street whole loan in whole but not in part is permitted after the date that is earlier of (i) two years from the closing date of the securitization that includes the last note of the 11 West 42nd Street whole loan to be securitized and (ii) August 6, 2026. The assumed defeasance lockout period of 29 payments is based on the anticipated closing date of the BMO 2023-C7 securitization trust in December 2023. The actual lockout period may be longer.

With respect to Loan No. 14, Creekside Town Center, the defeasance lockout period will be at least 26 months beginning with and including the first payment date on November 5, 2023. Defeasance of the Creekside Town Center 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 pari passu note to be securitized and (ii) September 28, 2027. The assumed defeasance lockout period of 26 payments is based on the expected BMO 2023-C7 securitization closing date in December 2023. The actual defeasance lockout period may be longer.

With respect to Loan No. 16, Maple Hill Pavilion, the borrower is permitted to obtain the release of a specified portion of the mortgaged property (the “Release Parcel”) in connection with a sale of the Release Parcel to a third-party, which may be an affiliate of borrower, without payment of a release price under the conditions specified in the mortgage loan documents, provided that the borrower may not obtain the release of the Release Parcel during the 60 day period before or after a proposed securitization of the loan without the prior written consent of lender.

With respect to Loan No. 18, 60 Hudson, the defeasance lockout period will be at least 26 months beginning with and including the first payment date on November 1, 2023. Defeasance of the 60 Hudson 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 pari passu note to be securitized and (ii) April 1, 2027. The assumed defeasance lockout period of 26 payments is based on the expected BMO 2023-C7 securitization closing date in December 2023. The actual defeasance lockout period may be longer.

 

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  With respect to Loan No. 20, 645 North Michigan Avenue, the lockout period will be at least 24 payment dates beginning with and including the first payment date on January 6, 2024. Defeasance of the 645 North Michigan whole loan in full (but not in part) is permitted at any time following the earlier to occur of (i) November 7, 2026 or (ii) the date that is two years from the closing date of the securitization that includes the last promissory note representing a portion of the 645 North Michigan Avenue loan to be securitized. The assumed lockout period of 24 payments is based on the expected BMO 2023-C7 securitization closing date in December 2023. The actual lockout period may be longer.

With respect to Loan No. 23, Coleman Marketplace, the borrower is permitted to obtain the release of a specified portion of the mortgaged property (the “Release Parcel”) in connection with a sale of the Release Parcel without payment of a release price under the conditions specified in the mortgage loan documents.
   
(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. 1, Woodfield Mall, the Woodfield Mall Property also secures the Woodfield Mall Trust Subordinate Companion Loan, which has an aggregate Cut-off Date principal balance of $30,000,000. The Woodfield Mall Trust Subordinate Companion Loan accrues interest at 10.01625% per annum. The Woodfield Mall Senior Loan is senior in right of payment to the Woodfield Mall Trust Subordinate Companion Loan. The Woodfield Mall Trust Subordinate Companion Loan will be contributed to the BMO 2023-C7 securitization trust, but will not be included in the mortgage pool. Payments allocated to the Woodfield Mall Trust Subordinate Companion Loan will be paid only to the holders of the Woodfield Mall loan-specific certificates as described in “Description of the Mortgage Pool—The Whole Loans—The Woodfield Mall Pari Passu AB Whole Loan” in the Preliminary Prospectus.

With respect to Loan No. 1, Woodfield Mall, the related mortgage loan documents permit the borrower to enter into a property-assessed clean energy loan for an amount not to exceed $5,000,000, subject to the lender’s approval and delivery of a rating agency confirmation. Additionally, the related mortgage loan documents permit upper-tier equity pledges provided that, among other conditions, (i) such debt is secured by a pledge of a substantial portion of the assets wholly owned by the pledgor, and any foreclosure of such pledge must be to a bank or similar financial institution that has (a) total assets in excess of $650,000,000 and (b) (except with respect to a pension advisory firm or similar fiduciary) either a net worth or combined capital and statutory surplus or shareholder’s equity in excess of $250,000,000 (which may include a bank or financial institution acting as agent for a group of lenders provided that 51% of such debt is held by a bank or similar financial institution meeting such requirements).

With respect to Loan No. 2, Arundel Mills and Marketplace, the mortgaged property is subject to an existing property assessed clean energy loan in an original principal amount of $2,037,877.38 from Petros PACE Finance, LLC, a Texas limited liability company, to the borrower. The PACE loan has an approximately 17-year term with final payment occurring in November 2035. The annual debt service is $195,956.85 and the remaining balance, including all interest and administrative expenses, as of October 2023 was $1,633,579.73. Payments and any accrued interest are collected on the tax bill for the Arundel Mills and Marketplace Property and constitute a first lien on the Arundel Mills and Marketplace Property that has a priority over any mortgage loan. In addition, the Arundel Mills and Marketplace Whole Loan documents permits the borrowers to enter into an additional PACE loan for an amount not to exceed $5,000,000.  

With respect to Loan No. 3, Bala Plaza Portfolio, concurrently with the origination of the Bala Plaza Portfolio whole loan, Bala Plaza, Inc. originated a mezzanine loan (the “Bala Plaza Portfolio Mezzanine Loan”) in the amount of $30,000,000 to be secured by the mezzanine borrowers’ interests in the borrowers. The Bala Plaza Portfolio Mezzanine Loan accrues interest at a rate of 5.0000% per annum to be paid as part of each monthly debt service payment amount. The Bala Plaza Portfolio Mezzanine Loan has a final maturity date of November 6, 2028. An intercreditor agreement between the lender under the Bala Plaza Portfolio whole loan and the lender under the

 

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  Bala Plaza Portfolio Mezzanine Loan was executed simultaneously with the origination of the Bala Plaza Portfolio Mezzanine Loan.

With respect to Loan No. 6, MRP Solutions Portfolio, the borrower will be permitted to enter into a mezzanine loan (“Permitted Mezzanine Loan”), provided all the following conditions are satisfied: (a) no event of default; (b) the holder of the Permitted Mezzanine Loan is an institutional lender; provided, in no event, may the holder of the Permitted Mezzanine Loan be the borrower of an affiliate of the borrower; (c) the holder is not permitted at any time the indebtedness remains outstanding to sell or transfer its right in the Permitted Mezzanine Loan except as otherwise pursuant to the intercreditor agreement; (d) the Permitted Mezzanine Loan is only undertaken pursuant to those loan documents approved by the lender in the lender’s reasonable discretion; (e) the lender and the holder of the Permitted Mezzanine Loan enter into and execute an intercreditor agreement; (f) the Permitted Mezzanine Loan is not secured by a lien on the MRP Solutions Portfolio Properties and does not constitute an obligation of the borrower but, rather, constitutes an obligation of the mezzanine borrower and any guarantor thereof and is secured solely by a security interest in mezzanine borrower’s direct or indirect ownership interests in the borrower (the “Membership Interest”) and other assets of the mezzanine borrower; in no event may the mezzanine borrower attempt to grant any lien or security interest in the MRP Solutions Portfolio Properties to secure the Permitted Mezzanine Loan; (g) the holder of the Permitted Mezzanine Loan is not entitled to foreclose on the Membership Interest except in a manner consistent with the intercreditor agreement; (h) the combined loan-to-value ratio at the time of such subordinate financing does not exceed the closing date loan-to-value ratio based on an appraisal of the MRP Solutions Portfolio Properties; (i) the annual combined DSCR on the MRP Solutions Portfolio Mortgage Loan and the Permitted Mezzanine Loan is equal to or greater than the closing date DSCR; (j) the combined debt yield is equal to or greater than the closing date debt yield; (k) (i) the Permitted Mezzanine Loan is fully non-recourse to the borrower as to principal and interest, (ii) such Permitted Mezzanine Loan is only payable to the extent available net cash flow is available, (iii) defaults under the Permitted Mezzanine Loan are limited solely to monetary defaults and fraud, (iv) any proceeds from the Permitted Mezzanine Loan will be applied to the MRP Solutions Portfolio Properties and operations thereof, (v) any obligations under the Permitted Mezzanine Loan provide for a fixed rate of interest and (vi) to the extent any balloon payment is due at the maturity of such Permitted Mezzanine Loan, (a) such maturity does not occur prior to the maturity of the MRP Solutions Portfolio Mortgage Loan and the mezzanine loan documents allow at least two one-year extensions at the option of the mezzanine borrower, or (b) any balloon payment may be paid following the maturity of the MRP Solutions Portfolio Mortgage Loan without the payment of any prepayment premium or prepayment fee; (l) the borrower has paid all of lender’s reasonable and actual out-of-pocket costs and out-of-pocket expenses related to the approval of the Permitted Mezzanine Loan; (m) the Permitted Mezzanine Loan is expressly subordinate and inferior in all respects to the MRP Solutions Portfolio Mortgage Loan; and (n) the rating condition is satisfied or deemed satisfied or waived.

With respect to Loan No. 8, Tusk Multifamily Portfolio, the mortgage loan documents permit future mezzanine debt secured by a pledge of direct equity interests in the borrowers 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 the combined loan-to-value ratio at origination of the mortgage loan, (y) the combined debt yield, as calculated in accordance with the mortgage loan documents, is at least the combined debt yield at origination of the mortgage loan and (z) the combined debt service coverage ratio, as calculated in accordance with the mortgage loan documents, is at least the combined debt service coverage ratio at origination of the mortgage loan, and (ii) execution of a subordination and intercreditor agreement reasonably acceptable to the lender and satisfactory to the rating agencies.

With respect to Loan No. 12, 11 West 42nd Street, concurrently with the funding of the 11 West 42nd Street whole loan, Bank of America, N.A. originated a mezzanine loan in the amount of $56,000,000 secured by the mezzanine borrower’s equity interests in the 11 West 42nd Street whole loan borrower (the “Mezzanine Loan”). The Mezzanine Loan is coterminous with the 11 West 42nd Street whole loan. The Mezzanine Loan accrues interest at a rate of 14.00000% per annum and requires interest-only payments until its maturity date. An intercreditor agreement was executed at loan origination between the lender and the lender of the Mezzanine Loan. Subsequent to loan origination, the Mezzanine Loan was sold by Bank of America, N.A. to an affiliate of Taconic Capital.

 

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  With respect to Loan No. 12, 11 West 42nd Street, the borrower is permitted to enter into a “Property-Assessed Clean Energy loan” or any similar indebtedness (a “PACE Loan”) for an amount not to exceed $10,000,000, subject to the lender’s approval (not to be unreasonably withheld, conditioned or delayed) and delivery of a rating agency confirmation, which PACE Loan is (i) incurred for improvements to the mortgaged property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the mortgaged property. The lien resulting from any unpaid and delinquent PACE Loan payments would have property tax lien status.
   
(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.

With respect to Loan No. 5, 2136 Honeywell Avenue, the UW NCF DSCR of 1.20x is based on 30-year amortization, assumes a stabilized underwritten vacancy of 3% and gives credit to rent payments due under the seven unleased units that are currently subject to a master lease. Without giving credit to the master lease, the UW NCF DSCR would be 1.16x. 
   
(15) In certain cases, Underwritten TI / LC ($) is inclusive of certain credits for upfront reserves taken at closing.

With respect to Loan No. 32, 11 West Prospect Avenue, a $5,000 credit to tenant improvements and leasing commissions has been underwritten, reflecting 1/10th of the TI/LC deposit at origination.
   
(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. 4, RTL Retail Portfolio, certain historical information prior to 2022 is limited to the information relating to the five properties acquired by the borrower sponsor in 2017 (the Liberty Crossing, Southway Shopping Center, Northwoods Marketplace, The Centrum, and Quail Springs mortgaged properties). The other 24 mortgaged properties were acquired by the borrower sponsor between February 2022 and April 2022, and accordingly, historical information for such 24 properties only includes information following the related acquisition date of the properties.

With respect to Loan No. 5, 2136 Honeywell Avenue, historical financial information is not available due to the recent development of the mortgaged property.

With respect to Loan No. 6, MRP Solutions Portfolio, historical cash flows were not provided as the borrower acquired the MRP Solutions Portfolio Properties in a sale-leaseback transaction in June 2022.  

With respect to Loan No. 7, The Park at Trowbridge, historical occupancy is not available as The Park at Trowbridge Property was acquired by the borrower in April 2021, and the borrower immediately began an extensive renovation and rebranding of The Park at Trowbridge Property. The assisted living regulations on The Park at Trowbridge Property were removed in December 2021 and the renovations were completed in September 2023.

With respect to Loan No. 8, Tusk Multifamily Portfolio, historical financial information prior to 2022 is not available because the borrower sponsors acquired the mortgaged properties in 2020 and 2021, respectively.

With respect to Loan No. 9, New Mountain – Cleaver Brooks, historical financial information is not available because the Mortgaged Property was acquired by the borrower in July 2023 in a sale-leaseback transaction.

With respect to Loan No. 10, Metra Portfolio, historical financials are unavailable as the borrower spon-sor acquired the Metra Portfolio Properties in a sale-leaseback transaction.

With respect to Loan No. 19, Knoll Ridge Apartments, historical financials prior to 2021 are not available as the portfolio of mortgaged properties was acquired in 2021.

 

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  With respect to Loan No. 23, Coleman Marketplace, historical financials prior to 2021 are not available as the mortgaged property was acquired in 2022.

With respect to Loan No. 28, Empire Burbank, historical financials are not available as the mortgaged property was acquired in 2022.

With respect to Loan No. 30, Babcock & Wilcox – Chanute, the mortgaged property was historically owner occupied; therefore, there is no operating history.
   
(17) With respect to Loan No. 31, Southside Plaza Shopping Center, the mortgaged property is subject to a ten-year tax abatement pursuant to a ground lease with The City of Lee’s Summit, Missouri (the “City”), as ground lessor, and the borrower, as ground lessee, that commenced on July 1, 2022. Under the ground lease, the borrower will pay, as rent, an annual PILOT of $0 during the first four years of the abatement, and the following amounts per year (due on December 31st) during the remaining six-year period (which amounts were calculated based on being equal to 50% of the amount of real property taxes which would have otherwise been due with respect to the Mortgaged Property if the property was not owned by the City):  2026 – $74,534; 2027 – $74,534; 2028 – $76,770; 2029 – $76,770; 2030 – $79,073; and 2031 – $79,073. In addition to the leasehold mortgage in favor of the lender, the mortgaged property is secured by a fee mortgage granted by the City. Taxes were underwritten at $105,654, which is the amount currently collected in real estate tax reimbursements from the tenants at the Southside Plaza Shopping Center mortgaged property.
   
(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. 4, RTL Retail Portfolio, at loan origination, the borrower deposited $977,500 to cover the cost of further testing to determine if certain vapor intrusion conditions exist and to mitigate any such intrusion.

With respect to Loan No. 5, 2136 Honeywell Avenue, at origination, the borrower deposited into escrow $8,000,000 in connection with the leasing of the seven unleased units at the 2136 Honeywell Avenue Property. Such funds may be released to the borrower, no earlier than two months after the origination date of the mortgage loan, upon  the satisfaction of certain conditions, including, but not limited to, (i) the borrower providing evidence that the mortgaged property is 100% occupied, (ii) the lender receiving approval documentation from the New York City Family Homelessness and Eviction Prevention Supplement program for all 101 units at the mortgaged property and (iii) the debt service coverage ratio (as calculated by the lender utilizing trailing one-month income annualized and underwritten expenses equal to $533,271) being equal to or greater than 1.20x.
   
(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, Woodfield Mall, the borrower may provide a reserve guaranty or letter of credit in lieu of deposits of amounts due for the outstanding TI/LC reserve and/or gap rent reserve. No reserve guaranty was provided at origination.

With respect to Loan No. 4, RTL Retail Portfolio, on each monthly payment date during a cash sweep period, the borrowers are required to deposit (i)  into the replacement reserve an amount equal to $0.25 multiplied by the total number of rentable square feet of the RTL Retail Portfolio mortgaged properties divided by 12 and (ii) into the rollover reserve an amount equal to $1.50 multiplied by the total number of rentable square feet of the RTL Retail Portfolio mortgaged properties divided by 12. In the event of a partial release, each such amount (described in clause (i) and (ii) above), will be reduced by an amount equal to $0.25 (with respect to clause (i)) and $1.50 (with respect to clause (ii)) multiplied by the total number of rentable square feet of the released property divided by 12.

With respect to Loan No. 9, New Mountain – Cleaver Brooks, monthly escrows for property taxes, in-surance, capital expenditure, and TI/LCs are waived so long as a trigger period is not in effect.

 

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  With respect to Loan No. 12, 11 West 42nd Street, the borrower is not required to make monthly tax deposits as long as (i) no cash sweep period exists and (ii) the borrower provides the lenders with paid receipts or other evidence reasonably satisfactory that all taxes have been and continue to be fully and timely paid.

With respect to Loan No. 12, 11 West 42nd Street, the borrower is not required to make monthly insurance deposits as long as (i) no cash sweep period exists and (ii) the insurance is maintained pursuant to one or more blanket policies, and the borrower timely provides the lender with evidence of the renewal of such policies.

With respect to Loan No. 12, 11 West 42nd Street, during a cash sweep period, the borrower is required to deposit monthly amounts of approximately $16,009 into a reserve for replacements for the mortgaged property, subject to a cap of approximately $288,170.

With respect to Loan No. 13, OPI Portfolio, on each monthly payment date during a cash management trigger event period, the borrowers are required to deposit an amount sufficient to pay all taxes at least 30 days prior to their respective due dates. The borrowers’ obligation to make monthly tax deposits with respect to the mortgaged properties is waived for so long as, and to the extent that, (i) no event of default under the mortgage loan has occurred and is continuing, (ii) each mortgaged property is subject to a lease covering the entirety of such mortgaged property that requires the sole tenant thereunder to pay all taxes applicable to such mortgaged property directly to the applicable governmental authorities, (iii) the lease for such mortgaged property is in full force and effect and has not expired or terminated, (iv) no default under the lease for such mortgaged property has occurred and is continuing beyond applicable notice and cure periods, (v) the tenant under the lease for such mortgaged property is timely paying all taxes directly to the appropriate governmental authority in accordance with the terms of such lease and (vi) the borrowers deliver evidence reasonably satisfactory to the lender of such timely payment of all of the taxes for such mortgaged property.

With respect to Loan No. 13, OPI Portfolio, the borrowers are required to deposit (i) approximately $220 on each monthly payment date to maintain required flood insurance and (ii) on each monthly payment date during a cash management trigger event period, an amount sufficient to pay all insurance premiums for the purchase and/or renewal of insurance policies covering the mortgaged properties at least 30 days prior to the expiration of such policies. If all of the required insurance coverages for any OPI Portfolio mortgaged property is provided through an approved blanket policy, the borrowers are not required to make deposits on account of insurance premiums for such mortgaged property; provided that (i) such blanket policy is maintained in full force and effect, (ii) the insurance premiums for such blanket policy are not paid in installments or financed and (iii) not less than 15 days prior to the expiration date of such blanket policy, the borrowers provide the lender with (a) a certificate of insurance evidencing (1) the renewal of such blanket policy or (2) a new blanket policy approved by the lender and (b) evidence reasonably satisfactory of the payment in full of the insurance premiums then due thereunder.

With respect to Loan No. 13, OPI Portfolio, on each monthly payment date during a cash management trigger event period, the borrowers are required to deposit approximately $10,064 for capital expenditures.

With respect to Loan No. 13, OPI Portfolio, on each monthly payment date commencing after the lease with either (i) Primerica Life Insurance Company at the 1 Primerica Parkway mortgaged property or (ii) GSA - Veterans Benefits Administration at the 701 Clay Road mortgaged property, respectively, has been terminated or is no longer in full force and effect, the borrowers are required to deposit $90,578 to pay for tenant allowances, tenant improvements and leasing commissions, subject to a cap of $2,173,883 if no cash management trigger period is continuing. If a cash management trigger period is not in effect, the borrowers may (x) deposit $2,173,883 to suspend the monthly rollover deposit obligation or (y) in lieu of a cash deposit, deliver a letter of credit with the face amount equal to $2,173,883.

With respect to Loan No. 13, OPI Portfolio, on each monthly payment date following a material tenant trigger event period, the borrowers are required to deposit the monthly material tenant deposit for tenant allowances, tenant improvements and leasing commissions that may be incurred or required to be reimbursed by the borrowers in connection with leasing material tenant space pursuant to qualified leases. If no other cash management trigger event or cash sweep trigger event has occurred and is continuing, the borrowers are permitted to suspend a material tenant trigger event by either (x) depositing cash in an amount equal to 12 months of anticipated monthly

 

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  material tenant deposits or (y) delivering a letter of credit with the face amount equal to 12 months of anticipated monthly material tenant deposits. Such deposit of cash or a letter of credit will be sufficient to suspend a material tenant trigger event only for a period of 12 months, after which monthly material tenant deposits are required to continue unless additional cash deposits are made or another letter of credit is delivered, as the case may be, in lieu of such monthly material tenant deposits.

With respect to Loan No. 15, Hyatt Regency Schaumburg, the borrowers are required to deposit into an eligible account (the “FF&E Reserve Account”) on each monthly payment date, an amount equal to the greater of (i) the FF&E Payment and (ii) the amount of the deposit (if any) then required by the franchisor or manager on account of FF&E under the franchise agreement or management agreement, as applicable. The “FF&E Payment” means an amount equal to 1/12th of 4% of the greater of (a) the total gross revenues for the hotel related operations at the mortgaged property for the immediately preceding calendar year and (b) the projected annual gross revenues for the hotel related operations at the mortgaged property for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget, The initial FF&E Payment was determined to be approximately $56,066.

With respect to Loan No. 16, Maple Hill Pavilion, a “Maple Hill Specified Tenant Trigger Period” will oc-cur if: (A) (i) any Specified Tenant (defined below) being in default under the applicable Specified Tenant lease beyond applicable notice and cure periods, (ii) any Specified Tenant failing to be in actual, physi-cal possession of its leased space, failing to be open to the public for business during customary hours and/or “going dark”, or giving notice of any of the same, (iii) any Specified Tenant giving notice that it is vacating all or any portion of its leased space or terminating its Specified Tenant lease for all or any portion of its leased space, (iv) any termination or cancellation of any Specified Tenant lease  and/or any Specified Tenant lease failing to otherwise be in full force and effect or any Specified Tenant or the borrower giving notice of the same, (v) any bankruptcy or similar insolvency of any Specified Tenant and (vi) any Specified Tenant failing to extend or renew the applicable Specified Tenant lease, or give notice of the same, on or prior to the earlier of (a) twelve months (with respect to an anchor tenant) or six months (with respect to a mini-anchor tenant) prior to the expiration date of the then applicable term or (b) the date that notice of renewal is required to be delivered pursuant to the applicable lease (any such event under this clause (vi) being a “Maple Hill Tenant Renewal Failure Event”) (unless the appli-cable Specified Tenant has renewed or extended the applicable Specified Tenant lease on terms and conditions acceptable to lender in lender’s sole and absolute discretion) (such period under this clause (vi), a "Maple Hill Specified Tenant Renewal Trigger"); and (B) expiring upon the first to occur of lend-er’s receipt of evidence reasonably acceptable to lender of satisfaction of the conditions set for in the mortgage loan documents. In the event of a Maple Hill Specified Tenant Trigger Event, excess funds will be deposited into a lender-controlled reserve account for tenant improvement and leasing commis-sion costs to be used exclusively for the re-tenanting of the space occupied by the applicable Specified Tenant. If the Maple Hill Specified Tenant Trigger Event is the result of a Maple Hill Specified Tenant Renewal Trigger, instead of excess funds being deposited into a reserve account,  (i) funds in an amount equal to $79,166.67 are required to be deposited monthly by the borrower into a lender-controlled reserve account for tenant improvement and leasing commission costs to be used exclusive-ly for the re-tenanting of the space occupied by the Specified Tenant, and (ii) a Maple Hill Specified Tenant Trigger Event may be waived if the borrower deposits with the lender either cash or a letter of credit in the amount of $950,000.00 with respect to Hobby Lobby, Marshalls and Burlington Coat Factory and $475,000.00 with respect to Old Navy and DSW. “Specified Tenant” means Hobby Lobby, Mar-shalls, and Burlington Coat Factory (each an anchor tenant) and Old Navy and DSW (each a mini-anchor tenant), and any approved replacement tenant(s) with respect to the spaces occupied by the foregoing tenant.

With respect to Loan No. 18, 60 Hudson, on each monthly payment date during a reserve trigger period, the borrower is required to deposit an amount equal to $19,160.32 into a replacement reserve account and $287,404.75 into a rollover reserve account.

 

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  With respect to Loan No. 18, 60 Hudson, at the option of the lender, if the liability or casualty policy maintained by the borrower covering the mortgaged property does not constitute an approved blanket or umbrella policy, on each monthly payment date, the borrower is required to deposit into an insurance reserve account 1/12th of an amount that the lender reasonably estimates which would be sufficient to pay the insurance premiums due by the borrower for the renewal of the coverage afforded by the insur-ance policies at least 30 days prior to the expiration of such policies.

With respect to Loan No. 19, Knoll Ridge Apartments, if the balance in the replacement reserve account is less than $105,000, the borrowers are required on a monthly basis to deposit $5,900 into the re-placement reserve account. Monthly deposits into the replacement reserve account will cease upon reaching a balance equal to an amount that does not exceed $320,000.

With respect to Loan No. 20, 645 North Michigan Avenue, the borrowers are required to deposit on each monthly payment date occurring after the occurrence and during the continuance of a specified tenant trigger period caused by renewal trigger event with respect to Ferragamo an amount equal to $83,333.

With respect to Loan No. 20, 645 North Michigan Avenue, the borrowers are required to deposit on each monthly payment date occurring after the occurrence and during the continuance of a specified tenant trigger period caused by renewal trigger event with respect to Zegna an amount equal to $83,333.

With respect to Loan No. 21, Chesterfield Marketplace, a “Chesterfield Marketplace Specified Tenant Trigger Event” will occur if a Specified Tenant (defined below): (a) files for bankruptcy, (b) provides no-tice of its intent to terminate its lease early or terminates its lease, (c) provides notice of its intent to go dark or actually goes dark, (d) defaults under the terms of its lease beyond applicable notice and cure periods, (e) terminates or cancels its lease or gives notice of the same or (f) fails to renew its lease or provide notice of its intent to renew its lease on or prior to the earlier of (i) six months prior to the expiration date of the then applicable term or (ii) the date that notice of renewal is required to be delivered pursuant to the applicable lease. In the event of a Chesterfield Marketplace Specified Tenant Trigger Event, excess funds will be deposited into a lender-controlled reserve account for tenant improvement and leasing commission costs to be used exclusively for the re-tenanting of the space occupied by the applicable Specified Tenant until such time as the amount of funds on deposit in the applicable reserve equals $270,000. “Specified Tenant” means K1 Speed Racing, Skyzone Trampoline, Staples, and PetSmart, and any approved replacement tenant(s) with respect to the spaces occupied by the forego-ing tenants.

With respect to Loan No. 22, 3 Palms Resort, the borrowers are required to deposit into an eligible account (the “FF&E Reserve Account”) on each monthly payment date, an amount equal to the greater of (i) the FF&E Payment and (ii) the amount of the deposit (if any) then required by the franchisor on account of FF&E under the franchise agreement. The “FF&E Payment” means an amount equal to 1/12 of 4% of the greater of (a) the annual gross revenues for the hotel related operations at the mortgaged property for the immediately preceding calendar year as reasonably determined by the lender and (b) the projected annual gross revenues for the hotel related operations for the calendar year in which such monthly payment date occurs as set forth in the approved annual budget, or where no approved annual budget exists as of the date of determination, the amount of the FF&E Payment will be determined by the lender in its reasonable discretion. The initial FF&E Payment was determined to be approximately $15,454.

With respect to Loan No. 22, 3 Palms Resort, the borrowers are required to deposit into a seasonality reserve on each monthly payment date occurring in the months of January through May (inclusive) an amount equal to $31,296.56 until the seasonality reserve equals $187,779.34 and thereafter an amount equal to $25,000.

 

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  With respect to Loan No. 23, Coleman Marketplace, the borrower is required to deposit on each monthly payment date occurring in the months of August 2025 through January 2026 (inclusive), an amount equal to $25,000.00 with respect to tenant Old Navy’s lease extension. In addition, a “Specified Tenant Trigger Event” will occur if a Specified Tenant (defined below): (a) files for bankruptcy, (b) provides no-tice of its intent to terminate its lease early or terminates its lease, (c) provides notice of its intent to go dark or actually goes dark, (d) defaults under the terms of its lease beyond applicable notice and cure periods, terminates or cancels its lease or gives notice of the same or (f) fails to renew its lease or pro-vide notice of its intent to renew its lease on or prior to the earlier of (i) six months prior to the expiration date of the then applicable term or (ii) the date that notice of renewal is required to be delivered pursuant to the applicable lease (any such event under this clause (f) being a “Coleman Marketplace Tenant Renewal Failure Event”). In the event of a Specified Tenant Trigger Event, excess funds will be deposited into a lender-controlled reserve account for tenant improvement and leasing commission costs to be used exclusively for the re-tenanting of the space occupied by the applicable Specified Tenant. If the Specified Tenant Trigger Event is the result of a Tenant Renewal Failure Event, instead of excess funds being deposited into a reserve account,  the borrower is required to make a monthly deposit of $52,525.00 with respect to each Specified Tenant for which such Tenant Renewal Failure exists subject to an individual cap (after giving effect to the monthly deposit)  of $315,150.00 with respect to each of Ross Dress for Less and Marshals of MA, Inc., provided that funds in the account must not exceed an aggregate cap of $500,000. “Specified Tenant” means Ross Dress for Less, Marshalls of MA, Inc. and any approved replacement tenant(s) with respect to the spaces occupied by the foregoing tenants.

With respect to Loan No. 25, Regency Retail Portfolio, if the balance in the TI/LC reserve account is less than $1,000,000, the borrower is required on a monthly basis to deposit approximately $58,147 into the TI/LC reserve account. Monthly deposits into the TI/LC reserve account will cease upon reaching a balance equal to an amount that does not exceed $2,000,000.

With respect to Loan No. 26, Holiday Inn Kansas City, the borrower is required to make monthly deposits into the FF&E reserve account in an amount equal to 1/12th of 4% of the annual gross revenues of the mortgaged property, initially $9,997.

With respect to Loan No. 28, Empire Burbank, a “Specified Tenant Trigger Event” will occur (i) Speci-fied Tenant (defined below) being in monetary default or material non-monetary default (subject to Lend-er's reasonable discretion as to whether a non-monetary default is material) under the applicable Speci-fied Tenant Lease beyond applicable notice and cure periods, (ii) Specified Tenant failing to be in actual, physical possession of its space (or applicable portion thereof), failing to continue business operations and/or “going dark” in its space (or applicable portion thereof), or giving notice of any of the same, (iii) Specified Tenant giving notice it is vacating all or any portion of its space or that it is terminating its Lease for all or any portion of its space (or applicable portion thereof), (iv) any termination or cancella-tion of any Specified Tenant lease (including, without limitation, rejection in any bankruptcy or similar insolvency proceeding) and/or any Specified Tenant lease failing to otherwise be in full force and effect or Specified Tenant or Borrower giving notice of the same, (v) any bankruptcy or similar insolvency of Specified Tenant and (vi) Specified Tenant failing to extend or renew the applicable Specified Tenant lease, or give notice of the same, on or prior to the earlier of either (i) the date occurring nine (9) months prior to the expiration of the then applicable term of the applicable Specified Tenant lease or (ii) the date that notice of renewal is required to be delivered to Borrower as set forth in the Specified Tenant lease (a “Specified Tenant Extension Deadline”), in accordance with the applicable terms and condi-tions thereof and the Loan Documents for a period of 5 years (unless the Specified Tenant has renewed or extended the Specified Tenant lease on terms and conditions acceptable to Lender in Lender’s sole and absolute discretion prior to the Specified Tenant Extension Deadline)  (any such event under this clause (iv) being a “Empire Burbank Tenant Renewal Failure Event”). In the event of a Specified Tenant Trigger Event, excess funds will be deposited into a lender-controlled reserve account for tenant im-provement and leasing commission costs to be used exclusively for the re-tenanting of the space occu-pied by the Specified Tenant. If the Specified Tenant Trigger Event is the result of an Empire Burbank Tenant Renewal Failure Event, instead of excess funds being deposited into a reserve account,  funds in an amount equal to $25,000 are required to be deposited monthly by the borrower into a lender-controlled reserve account for tenant improvement and leasing commission costs to be used exclusive-ly for the re-tenanting of the space occupied by

 

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  the Specified Tenant, subject to an aggregate cap of $225,000. “Specified Tenant” means Thinkwell Group, and any approved replacement tenant(s) with re-spect to the spaces occupied by the foregoing tenant.

With respect to Loan No. 29, Best Western Plus Wichita West Airport, the borrower is required to make monthly deposits into the FF&E reserve account in an amount equal to 1/12th of 5% of the annual gross revenues of the mortgaged property, initially $8,673.

With respect to Loan No. 30, Babcock & Wilcox – Chanute, on each monthly payment date, the borrower is required to deposit into a tax reserve an amount equal to 1/12th of the taxes that the lender reasonably estimates will be payable during the next 12 months; however, as of the origination date such tax reserve has been conditionally waived so long as (i) no event of default has occurred and is continuing under the related mortgage loan documents, (ii) the mortgaged property is 100% leased to Optimus Industries LLC (“Optimus Industries”), (iii) the Optimus Industries lease is in full force and effect with no less than 12 months remaining in the lease term, (iv) no material tenant trigger event (other than a Babcock & Wilcox parent entity trigger event) has occurred and is continuing, (v) Optimus Industries is obligated pursuant to the terms and conditions of the Optimus Industries lease to pay all taxes directly to the applicable governmental authority in full in a timely manner and (vi) Optimus Industries performs its obligation under clause (v) in a timely manner and the borrower provides evidence, in form and substance reasonably satisfactory to the lender, of such performance by Optimus Industries in a timely manner.

With respect to Loan No. 30, Babcock & Wilcox – Chanute, on each monthly payment date, the borrower is required to deposit into an insurance reserve 1/12th of the amount that is estimated to be necessary for the renewal of insurance coverage afforded by such policies; however, as of the origination date such insurance reserve has been conditionally waived so long as (i) no event of default has occurred and is continuing under the related mortgage loan documents, (ii) the mortgaged property is 100% leased to Optimus Industries, (iii) the Optimus Industries lease is in full force and effect with no less than 12 months remaining in the lease term, (iv) no material tenant trigger event (other than a Babcock & Wilcox parent entity trigger event) has occurred and is continuing, (v) Optimus Industries is required pursuant to its lease to maintain insurance through policies issued by insurance companies that satisfy the requirements set forth in the related mortgage loan documents and (vi) Optimus Industries performs its obligation in a timely manner and the borrower provides evidence, in form and substance reasonably satisfactory to the lender, of such performance by Optimus Industries.

With respect to Loan No. 30, Babcock & Wilcox – Chanute, on each monthly payment date, the borrower is required to deposit approximately $4,680 for capital expenditures; however, as of the origination date such capital expenditures reserve has been conditionally waived so long as (i) no event of default has occurred and is continuing under the related mortgage loan documents, (ii) the mortgaged property is 100% leased to Optimus Industries, (iii) the Optimus Industries lease is in full force and effect with no less than 12 months remaining in the lease term, (iv) no material tenant trigger event (other than a Babcock & Wilcox parent entity trigger event) has occurred and is continuing and (v) Optimus Industries maintains the mortgaged property in a condition reasonably acceptable to the lender as required pursuant to the terms of its lease and the borrower provides evidence, in form and substance reasonably satisfactory to the lender, of such performance by Optimus Industries in a timely manner.

With respect to Loan No. 30, Babcock & Wilcox – Chanute, on each monthly payment date, the borrower is required to deposit approximately $2,700 for tenant allowances, tenant improvement costs and leasing commissions that may be incurred or required to be reimbursed by the borrower; provided, however, such rollover reserve has been conditionally waived so long as the Optimus Industries lease is in full force and effect.

With respect to Loan No. 30, Babcock & Wilcox – Chanute, on each monthly payment date during a material tenant trigger event period, the borrower is required to deposit all material tenant trigger event excess cash flow for tenant allowances, tenant improvement costs and leasing commissions that may be incurred or required to be reimbursed by the borrower in connection with an acceptable material tenant lease extension or an acceptable material tenant space re-tenanting event.

 

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(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, Bala Plaza Portfolio, following the first date on which the balance of funds on deposit in the tenant improvements and leasing commissions reserve account is less than $2,000,000, on a monthly basis, the borrowers are required to deposit approximately $165,779 into such account, subject. to a cap of $2,000,000.

With respect to Loan No. 11, Utica Park Place, on a monthly basis, the borrowers are required to escrow $4,948.55 for replacement reserves, so long as funds in the replacement reserve do not exceed $225,000. The borrowers will cease monthly deposits until funds in the replacement reserve fall below $225,000, at which point the borrowers will resume monthly deposits.

With respect to Loan No. 11, Utica Park Place, on a monthly basis, the borrowers are required to escrow $18,750.00 for TI/LCs, so long as funds in the TI/LC reserve do not exceed $900,000. The borrowers will cease monthly deposits until funds in the TI/LC reserve fall below $900,000, at which point the borrowers will resume monthly deposits.

With respect to Loan No. 16, Maple Hill Pavilion, deposits into a leasing reserve will be capped at $358,610.20.

With respect to Loan No. 21, Chesterfield Marketplace, deposits into a leasing reserve will be capped at $600,000.00. In addition, deposits into a specified reserve account will be capped at $270,000 upon the occurrence of a Chesterfield Marketplace Specified Tenant Trigger Event.

With respect to Loan No. 23, Coleman Marketplace, deposits into a leasing reserve will be capped at $423,000.00. In addition, deposits into a specified reserve account will be individually capped at $315,150.00 with respect to each of Ross Dress for Less and Marshals of MA, Inc. in the event of a Coleman Marketplace Tenant Renewal Failure, provided that funds in the specified reserve account must not exceed an aggregate cap of $500,000.

With respect to Loan No. 28, Empire Burbank, deposits into the specified reserve account will be capped at $225,000 in the event of an Empire Burbank Tenant Renewal Failure. 
   
(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. 12, 11 West 42nd Street, the Largest Tenant, Michael Kors (USA), Inc, has 330 square feet of storage space that expires on November 30, 2023, 6,436 square feet of office space that expires on March 31, 2025, 236,974 square feet of office and storage space that expires on March 31, 2026 and 10,745 square feet of office space that expires on September 30, 2029.

With respect to Loan No. 12, 11 West 42nd Street, the Fourth Largest Tenant, Kohn Pedersen Fox Associates, P.C., has 15,400 square feet of office space that expires on April 30, 2027 and 77,388 square feet of office space that expires on May 31, 2038.

With respect to Loan No. 18, 60 Hudson, the Largest Tenant, Verizon, has 173,522 square feet that expires on December 31, 2034, and 10,898 square feet that expires on May 31, 2033.

With respect to Loan No. 20, 645 North Michigan Avenue, the Largest Tenant, Northwestern University, representing approximately 55.5% of total net rentable square footage, has 51,637 square feet of space that expires April 30, 2028 and 55,580 square feet of space that expires March 31, 2031.
   
(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.

 

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  With respect to Loan No. 2, Arundel Mills and Marketplace, the Largest Tenant, Live Casino Hotel Maryland, representing approximately 28.2% of total net rentable square footage, may terminate its lease on June 30, 2027, which is the expiration of the first 15-year period from the rent commencement date, or at the end of any 10-year period thereafter.

With respect to Loan No. 2, Arundel Mills and Marketplace, Primark, representing approximately 2.4% of total net rentable square footage, may terminate its lease within 120 days of the expiration of the fourth lease year if Primark does not achieve sales of at least $12,000,000 during the forth lease year (9/1/2026-8/31/2027).

With respect to Loan No. 3, Bala Plaza Portfolio, (i) the second largest tenant at the One Bala Plaza Mortgaged Property, Beasley Media Group, LLC, representing approximately 9.5% of the net rentable square footage at the Mortgaged Property, has a one-time, unilateral right to terminate its lease effective November 30, 2025 provided that notice is given on or before November 30, 2024, and the tenant must pay certain fees in connection with such early termination, (ii) the fourth largest tenant at the One Bala Plaza Mortgaged Property, Chas, Kurz and Co., Inc., representing approximately 3.9% of the net rentable square footage at the Mortgaged Property, has a one-time, unilateral right to terminate its lease effective April 30, 2025 provided that notice is given on or before April 30, 2024, and the tenant must pay certain fees in connection with such early termination, and (iii) the second largest tenant at the Three Bala Plaza Mortgaged Property, Global Indemnity Group, Inc., representing approximately 10.4% of the net rentable square footage at the Mortgaged Property, has a one-time, unilateral right to terminate its lease effective December 31, 2025 provided that notice is given on or before December 31, 2024, and the tenant must pay certain fees in connection with such early termination.

With respect to Loan No. 4, RTL Retail Portfolio, the Fourth Largest Tenant at the Lawton Marketplace Mortgaged property, Old Navy, has the right to terminate its lease at any time during the first three months after the period between December 1, 2027 and November 30, 2028 (“the Termination Measuring Period”) if gross sales do not equal or exceed $3,500,000 during such Termination Measuring Period.

With respect to Loan No. 4, RTL Retail Portfolio, the Fourth Largest Tenant at the Carlisle Crossing mortgaged property, Harbor Freight Tools, has a one-time right to terminate its lease any time prior to March 1, 2028 effective as of August 31, 2028 with the payment of a termination fee equal to 50% of the brokerage commission and $72,825.

With respect to Loan No. 4, RTL Retail Portfolio, the Fifth Largest Tenant at the Tellico Village mortgaged property, Edward D. Jones & Co., has the right to terminate its lease with 60 days’ prior written notice and payment of a termination fee equal to (i) two months base rent and (ii) an amount equal to any unamortized tenant improvements and  leasing commissions paid on the initial term of the lease, not exceeding $25,000, and which will be amortized on a straight-line basis over a period of 58 months.

With respect to Loan No. 12, 11 West 42nd Street, the Largest Tenant, Michael Kors (USA), Inc, subleases three spaces (totaling 28,107 square feet, which is approximately 11.0% of Michael Kors (USA), Inc’s NRA) to Aston Martin Lagonda of North America, Inc., ExpandEd Schools, Inc. and National Public Radio, Inc. Additionally, according to the borrower sponsors, Michael Kors (USA), Inc is currently renovating its space at the tenant’s sole cost and is in discussions with the borrower sponsors for an early renewal of a portion of its lease. If this proposed lease amendment is executed, Michael Kors (USA), Inc would renew 204,481 square feet of its expiring space (202,068 square feet of office and 2,413 square feet of storage), terminate the non-subleased portion of its lease on the 22nd floor (19,238 square feet), vacate 14,924 square feet on the third floor in March 2026, vacate 6,436 square feet on the 19th floor in March 2025 (at least 4,888 square feet of the 6,436 square feet will switch to a direct lease to National Public Radio, Inc), and vacate 9,406 square feet of subleased space on the 22nd floor in March 2026. We cannot assure you that this amendment will be signed as expected or at all.

With respect to Loan No. 12, 11 West 42nd Street, the Fifth Largest Tenant, Burberry (Wholesale) Limited, has the option to terminate its lease on December 31, 2033 by giving a 20 months’ prior written notice and paying a termination fee.

 

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  With respect to Loan No. 16, Maple Hill Pavilion, the Fifth Largest Tenant at the Mortgaged Property, Old Navy, representing approximately 8.50% of the net rentable area, will have the option to terminate the lease if the tenant’s gross sales between September 1, 2024 and August 31, 2025 (the “Termination Measuring Period”) do not equal or exceed $4,500,000.00 (an “Operating Requirements Failure”), provided that the tenant, within 30 days following the last day of the Termination Measuring Period, gives the borrower no less than one months’ prior written notice and pays a termination fee equal to the unamortized portion of the construction allowance and brokerage commissions, provided that if an Operating Requirements Failure exists on the date of such notice, the tenant is required to pay a termina-tion fee equal to 50% of the unamortized portion of the construction allowance and brokerage commis-sions.

With respect to Loan No. 23, Coleman Marketplace, the Third Largest Tenant at the Mortgaged Property, Burke’s, representing approximately 11.50% of the net rentable area, will have the option to terminate the lease if the tenant’s gross sales between July 1, 2029 and June 30, 2030 (the “Termination Measuring Period”) do not exceed $2,500,000.00, effective as of October 31, 2030, provided that (i)  the tenant, within 30 days following the last day of the Termination Measuring Period gives the borrower written notice, (ii) the tenant has been open and operating in the leased space during the entire Termina-tion Measuring Period (subject to specified temporary closures) and (iii) on the date such notice is given, no monetary or material non-monetary defaults under the lease exist beyond any applicable cure period.

With respect to Loan No. 25, Regency Retail Portfolio, the Second Largest Tenant at the River Creek Village mortgaged property, Harbor Freight, has the one-time right to terminate its space on April 30, 2026, subject to written notice, so long as such notice is submitted on or before October 31, 2025. Upon timely delivery of the termination notice, Harbor Freight will be required to pay a termination fee equal to 50% of the brokerage commission to the extent the same was actually paid by the landlord to the broker.

With respect to Loan No. 25, Regency Retail Portfolio, the Fourth Largest Tenant at the Oak Station mortgaged property, Marshalls, has a right to terminate its space at any time after March 30, 2027, subject to written notice.

With respect to Loan No. 27, Terraces at Windy Hill, the Third Largest Tenant at the Mortgaged Proper-ty, US Postal Service may terminate its lease at any time upon 270 days’ notice to the borrower.
   
(24) With respect to Loan No. 1, Woodfield Mall, 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 Person 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 Mortgagee in the enforcement of the related guaranty or the preservation of such Mortgagee’s rights under such guaranty.  In addition, there is no separate environmental indemnity with respect to such Mortgage Loan. The non-recourse carveout guaranty covers breaches of representations, warranties and indemnification provisions in the loan agreement concerning environmental laws and hazardous materials; however, such coverage is subject to the cap described above.

With respect to Loan No. 2, Arundel Mills and Marketplace, for so long as any of Simon Property Group, Inc., SPG LP, or an affiliate of the foregoing is a guarantor under the non-recourse carveout guaranty, the liability of the non-recourse carveout guarantors is capped at an amount equal to 20% of the original principal amount of the related whole loan, plus all of the reasonable out-of-pocket costs and expenses incurred by the lender in the enforcement of such guaranty or the preservation of the lender’s rights thereunder. In addition, there is no separate environmental indemnity with respect to such Mortgage Loan.  The non-recourse carveout guaranty covers breaches of representations, warranties and indemnification provisions in the loan agreement concerning environmental laws and hazardous materials; however, such coverage is subject to the cap described above.

With respect to Loan No. 9, New Mountain – Cleaver Brooks, the lease is guaranteed by Cleaver-Holdings Inc.

 

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  With respect to Loan No. 12, 11 West 42nd Street, there is no non-recourse carveout guarantor or environmental indemnitor separate from the borrower.

With respect to Loan No. 18, 60 Hudson, 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 14, the Creekside Town Center, no lockbox account or cash management agreement was established at origination.  The related loan documents require the borrower to enter into a lockbox account agreement and a cash management agreement with the lender if (i) there is an event of default or (ii) the borrower fails to deposit a required reserve fund as described below.  Upon the commencement of a period (i) commencing upon the debt service coverage ratio being less than 1.15x; and (ii) expiring upon the achievement of a debt service coverage ratio of 1.15x or greater for one calendar quarter (a “Creekside DSCR Trigger Period”), the borrower is required to make a deposit in an amount equal to $767,000.00 into a DSCR trigger reserve account.  If as of any anniversary of the commencement of the Creekside DSCR Trigger Event Period, such Creekside DSCR Trigger Event Period remains uncured, then on each such anniversary the borrower is required to elect to either (i) institute a lockbox account and cash management structure or (ii) make an additional $767,000.00 deposit to the DSCR trigger reserve account (unless the borrower has previously elected to implement a lockbox account/cash management structure which remains in effect).  Upon the cure of the Creekside DSCR Trigger Event Period, (x) any funds on deposit in the DSCR trigger reserve account are to be disbursed to the borrower and (y) to the extent that clearing account/cash management structure is in place, such structure will be terminated.
   
(27) With respect to Loan No. 4, RTL Retail Portfolio, the Parkway Centre South mortgaged property is subject to tax increment financing (“TIF”) in which Grove City issued bonds and reimbursed the developer for certain constructed improvements. The related city services those bond payments through tax increment and payment in lieu of taxes (“PILOT”) payments. The TIF structure does not create any additional or ongoing obligations on the part of the related borrower or the related mortgaged property (other than the PILOT payments). The related borrower is required to make PILOT payments when they become due (as indicated in a schedule included in the agreement related to the TIF financing), and such TIF agreement expires after 2031. Under the related mortgage loan documents, the borrower is required to comply with the terms of the TIF documents. The PILOT payments are equal to the real property taxes that would have been charged had the TIF structure not been in place. The lender underwrote the current tax bills.

With respect to Loan No. 5, 2136 Honeywell Avenue, the mortgaged property is expected to benefit from a 35-year 421-a tax abatement from the NYC Department of Housing Preservation & Development, and is required to reserve at least 30% of the units for households earning up to 130% of area median income under affordable housing guidelines, which 421-a tax abatement phases out in 2058/2059.

With respect to Loan No. 7, The Park at Trowbridge, the mortgaged property is subject to a 5-year real estate tax exemption that is expected to result in the tax savings of approximately $174,310 in total during such 5-year period. The tax exemption is scheduled to expire on December 30, 2027. Taxes were underwritten at $461,965, which is the 10-year average of (i) 5 years of estimated real estate taxes reduced by the total amount of projected tax savings ($174,310) and (ii) 5 years of full estimated taxes without the benefit of the tax exemption.

With respect to Loan No. 26, Holiday Inn Kansas City, the mortgaged property is subject to a tax incre-ment financing agreement with the Tax Increment Financing Commission of Kansas City, Missouri pur-suant to which the related borrower is obligated to pay (i) certain payments in lieu of taxes, in an amount equal to the taxes that would be otherwise be payable with respect to the mort-gaged property if the tax increment financing agreement were not in effect, and (ii) certain “economic activity taxes” relating to the occupancy and use of the mortgaged

 

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  property. The “economic activity taxes” were not underwritten as taxes and the amount of such “economic activity taxes” are not required to be escrowed in the tax reserve for the mortgage loan.

With respect to Loan No. 31, Southside Plaza Shopping Center, the mortgaged property is subject to a ten-year tax abatement pursuant to a ground lease with The City of Lee’s Summit, Missouri (the “City”), as ground lessor, and the borrower, as ground lessee, that commenced on July 1, 2022. Under the ground lease, the borrower will pay, as rent, an annual PILOT of $0 during the first four years of the abatement, and the following amounts per year (due on December 31st) during the remaining six-year period (which amounts were calculated based on being equal to 50% of the amount of real property taxes which would have otherwise been due with respect to the Mortgaged Property if the property was not owned by the City):  2026 – $74,534; 2027 – $74,534; 2028 – $76,770; 2029 – $76,770; 2030 – $79,073; and 2031 – $79,073. In addition to the leasehold mortgage in favor of the lender, the mortgaged property is secured by a fee mortgage granted by the City. Taxes were underwritten at $105,654, which is the amount currently collected in real estate tax reimbursements from the tenants of the Southside Plaza Shopping Center mortgaged property.
   
(28) With respect to Loan No. 5, 2136 Honeywell Avenue, Martin Joseph and Hershy Silberstein, the borrower sponsors, entered into a master lease with the borrower for the seven vacant units at the mortgaged property.

With respect to Loan No. 8, Tusk Multifamily Portfolio, approximately 37% of occupied units (33 units) at the Magnolia Manor mortgaged property are leased by month-to-month tenants, and approximately 29% of occupied units (26 units) at the Magnolia Manor mortgaged property are leased pursuant to documentation that cannot be located. As a result, at origination of the mortgage loan, the borrower of the Magnolia Manor mortgaged property, Magnolia Manor Apartments DE LLC (the “Master Lease Landlord”), entered into a master lease (the “Master Lease”) with a newly formed affiliate of the Master Lease Landlord, Magnolia Manor Master Tenant, LLC (the “Master Lease Tenant”), with respect to (i) leases with month-to-month tenancies and (ii) rents payable from tenants with missing leases that the Master Lease Landlord is unable to locate and deliver to the lender (collectively, clauses (i) and (ii), individually, a “Covered Lease”; and the unit to which a Covered Lease applies, a “Covered Unit”). Pursuant to the Master Lease, on a monthly basis, the Master Lease Tenant will pay a rental amount equal to the greatest of the following with respect to such Covered Unit: (i) the rent for such Covered Unit as of the commencement date of the Master Lease (the closing date) (or, if such apartment unit becomes a Covered Unit after the commencement date, as of the date such apartment unit becomes a Covered Unit), (ii) the highest monthly rent charged for such Covered Unit after the date of the Master Lease, and (iii) the then-current monthly rent for such Covered Unit, as shown on the monthly rent roll required to be submitted to the lender pursuant to the mortgage loan documents. The obligations of the Master Lease Tenant under the Master Lease will be guaranteed by the guarantors for the mortgage loan. An apartment unit at the Magnolia Manor mortgaged property will cease to be a Covered Unit, and thereupon to be excluded and removed from the Master Lease, upon the occurrence of the following with respect to such Covered Unit: (i) such apartment unit being leased to a third-party tenant after the date of the Master Lease, in accordance with the terms and provisions of the mortgage loan documents, for residential occupancy by such tenant, pursuant to a bona fide arms-length lease, for a term of not less than one year, at a rent not less than 95% of the rent most recently applicable to such apartment unit as a Covered Unit, and (ii) the tenant of such unit having made its first full monthly rent payment after taking occupancy of such unit. Moreover, if and when less than 5.0% of the income at the Magnolia Manor mortgaged property is derived from Covered Leases, the Master Lease will terminate in its entirety.
   
(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.

 

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(30) With respect to Loan No. 4, RTL Retail Portfolio, the borrowers are ARC CTCHRNC001, LLC, ARC LCROWTX001, LLC, ARC NWNCHSC001, LLC, ARC QSOKCOK001, LLC, ARC SWHOUTX001, LLC, ARG CALAFLA001, LLC, ARG CCCARPA001, LLC, ARG DMDERKS001, LLC, ARG EMEVGIL001, LLC, ARG FTFTWIN001, LLC, ARG HCHOULA001, LLC, ARG HTMANWI001, LLC, ARG LMLAWOK001, LLC, ARG LSSALMD001, LLC, ARG MPELYOH001, LLC, ARG NLGAIGA001, LLC, ARG NRTAMFL001, LLC, ARG OTOWEKY001, LLC, ARG PCGROOH001, LLC, ARG PSREYOH001, LLC, ARG SCROCNC001, LLC, ARG SVJEFMO001, LLC, ARG TCHATMS001, LLC, ARG TMMARGA001, LLC, ARG TVLOUTN001, LLC, ARG VPALBNM001, LLC, ARG WASUMSC001, LLC, ARG WCSALNC001, LLC, and ARG WSCLAIN001, LLC.

With respect to Loan No. 13, OPI Portfolio, the 1 Primerica Parkway mortgaged property has a United Parcel Service, Inc. drop box accounting for $500 per annum in underwritten base rent.

With respect to Loan No. 13, OPI Portfolio, the 1 Primerica Parkway mortgaged property is subject to a right of first refusal agreement whereby the owner of the adjacent property to such mortgaged property has a right of first refusal solely in the event the borrower sponsor receives an offer to purchase the 1 Primerica Parkway mortgaged property from a purchaser who wishes to convert such mortgaged property to a multifamily property. The right of first refusal is only valid if the 1 Primerica Parkway mortgaged property is rezoned to multifamily prior to the closing of such sale. The related right does not apply in the context of a foreclosure, deed-in-lieu of foreclosure or other exercise of remedies under the mortgage loan documents.

With respect to Loan No. 31, Southside Plaza Shopping Center, the mortgage loan originated on July 1, 2022, subsequently lost certain tenancy, and went into a cashflow sweep structure. The Southside Plaza Shopping Center mortgage loan borrower subsequently partially re-tenanted the vacated space, deposited a $50,000 reserve as additional collateral (to be released, in addition to other requirements, upon maintenance of certain underwritten net operating income and occupancy through December 31, 2024), and entered into a Southside Plaza Shopping Center loan agreement amendment dated November 7, 2023, which, in addition to other terms, extended the defeasance lockout period, suspended the cashflow sweep structure and revised the terms of future cashflow sweep triggers including the exclusion of reference to specific tenants no longer in occupancy at the Southside Plaza Shopping Center Property.
   
(31) With respect to Loan No. 2, Arundel Mills and Marketplace, the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is driven by 18 new and renewal leases commencing in 2023 and 2024 totaling 113,039 square feet (5.8% of SF and 8.3% of underwritten rent) and rent steps of $604,665.
   
(32) Intentionally blank
   
(33) With respect to Loan No. 3, Bala Plaza Portfolio, the borrowers own the related mortgaged property as tenants–in–common.

With respect to Loan No. 15, Hyatt Regency Schaumburg, the borrowers own the related mortgaged property as tenants–in–common.

With respect to Loan No. 20, 645 North Michigan Avenue, the borrowers own the related mortgaged property as tenants–in–common.

With respect to Loan No. 22, 3 Palms Resort, the borrowers own the related mortgaged property as tenants–in–common.

With respect to Loan No. 23, Coleman Marketplace, the borrowers own the related mortgaged property as tenants-in-common.

 

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