0001539497-24-000645.txt : 20240311 0001539497-24-000645.hdr.sgml : 20240311 20240311155609 ACCESSION NUMBER: 0001539497-24-000645 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240311 DATE AS OF CHANGE: 20240311 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BMO 2024-C8 Mortgage Trust CENTRAL INDEX KEY: 0002012263 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-255934-11 FILM NUMBER: 24737883 BUSINESS ADDRESS: STREET 1: 151 WEST 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2128854000 MAIL ADDRESS: STREET 1: 151 WEST 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10036 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BMO Commercial Mortgage Securities LLC CENTRAL INDEX KEY: 0001861132 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance IRS NUMBER: 862713125 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 151 WEST 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2128854000 MAIL ADDRESS: STREET 1: 151 WEST 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10036 FWP 1 n4068-x6anxa.htm FREE WRITING PROSPECTUS
    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-255934-11
     

BMO 2024-C8 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

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

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

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

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

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

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

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

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

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

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

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

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

   

 

BMO 2024-C8

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 City County State Zip Code General Property Type
                1 25             2
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 9.9% 100.0% GSBI, MSBNA, BMO GSMC, BMO NAP NAP 7 Backus Avenue Danbury Fairfield CT 06810 Retail
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 9.5% 100.0% MSBNA MSMCH, BMO NAP NAP 60 Hudson Street New York New York NY 10013 Other
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 9.5% 100.0% SMC SMC NAP NAP 72 Pavilion Parkway Fayetteville Fayette GA 30214 Retail
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio 8.5%   DBRI GACC NAP NAP Various Various Various Various Various Industrial
4.01 Property   1 8662 Main Street 2.0% 23.1%         8662 Main Street Honeoye Ontario NY 14471 Industrial
4.02 Property   1 910 Vision Drive 2.0% 23.0%         910 Vision Drive Van Wert Van Wert OH 45891 Industrial
4.03 Property   1 4700 South Westmoreland Road 1.3% 15.2%         4700 South Westmoreland Road Dallas Dallas TX 75237 Industrial
4.04 Property   1 2110 Patterson Street 1.0% 11.7%         2110 Patterson Street Decatur Adams IN 46733 Industrial
4.05 Property   1 26 Maple Avenue 1.0% 11.2%         26 Maple Avenue Bloomfield Ontario  NY 14469 Industrial
4.06 Property   1 8720 US 70 Business Highway West 0.7% 7.8%         8720 US 70 Business Highway West Clayton Johnston NC 27520 Industrial
4.07 Property   1 1445 Timber Wolf Drive 0.4% 4.6%         1445 Timber Wolf Drive Holland Lucas  OH 43528 Industrial
4.08 Property   1 1060 State Highway 10 0.3% 3.3%         1060 State Highway 10 Clinton De Witt IL 61727 Industrial
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 8.5% 100.0% CREFI CREFI NAP NAP 441 East Erie Street Chicago Cook IL 60611 Multifamily
6 Loan 6, 13, 16 2 AHF Crossville Portfolio 5.5%   CREFI CREFI NAP NAP Various Crossville Cumberland TN 38555 Industrial
6.01 Property   1 Porcelain Tile Drive 3.4% 63.0%         301 Porcelain Tile Drive Crossville Cumberland TN 38555 Industrial
6.02 Property   1 Sweeney Drive 2.0% 37.0%         297-349 Sweeney Drive Crossville Cumberland TN 38555 Industrial
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 5.1% 100.0% WFBNA, CREFI, DBRI, SGFC GACC Group A NAP 7000 and 7600 Arundel Mills Circle Hanover Anne Arundel MD 21076 Retail
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 5.0% 100.0% ZBNA ZBNA NAP NAP 5115, 5157, 5203, 5221, 5225, 5235 and 5329 Monroe Street Toledo Lucas OH 43623 Retail
9 Loan 19 1 Residence Inn Del Mar 3.7% 100.0% DBRI GACC NAP NAP 3525 Valley Centre Drive San Diego San Diego CA 92130 Hospitality
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 3.4% 100.0% CREFI CREFI NAP NAP 1500 and 1710 Southeast East Devils Lake Road, 1041 and 1121 East Oar Avenue Lincoln City Lincoln OR 97367 Retail
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 2.9% 100.0% BMO, Barclays, BANA BMO Group A NAP 5 Woodfield Mall Schaumburg Cook IL 60173 Retail
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 2.9% 100.0% LMF LMF NAP NAP 9700 Medlock Bridge Road Duluth Fulton GA 30097 Retail
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 2.3% 100.0% LCF LCF Group B NAP 3067 Route 50 Saratoga Springs Saratoga NY 12866 Retail
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 2.0% 100.0% LCF LCF Group B NAP 141 Gallery Center Drive Mooresville Iredell NC 28117 Retail
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 1.8% 100.0% BMO BMO NAP NAP 365 Mauldin Road Central Pickens SC 29630 Industrial
16 Loan   1 UOVO Livermore 1.4% 100.0% BMO BMO NAP NAP 5593 La Ribera Street Livermore Alameda CA 94550 Self Storage
17 Loan   1 Texas Parkway Shopping Center 1.1% 100.0% LMF LMF NAP NAP 2192 Texas Parkway Missouri City Fort Bend TX 77489 Retail
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio 1.1%   BMO BMO NAP NAP Various Various Various IN Various Office
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart 0.3% 30.7%         201 Main Street Hobart Lake IN 46342 Office
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso 0.3% 26.7%         2500 Calumet Avenue Valparaiso Porter IN 46383 Office
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte 0.3% 23.3%         204 Legacy Plaza West La Porte La Porte IN 46350 Office
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville 0.2% 19.3%         8687 Connecticut Street Merrillville Lake IN 46410 Office
19 Loan 5, 19, 24 1 Nameoki Commons 1.1% 100.0% UBS AG UBS AG NAP NAP 3401-3551 Nameoki Road Granite City Madison IL 62040 Retail
20 Loan 3, 16, 19, 28 1 Good Hotels Denver 1.0% 100.0% UBS AG UBS AG NAP NAP 1612 Wazee Street Denver Denver CO 80202 Hospitality
21 Loan 6, 7, 19, 30 2 OPI Portfolio 0.9%   UBS AG UBS AG NAP NAP Various Various Various Various Various Office
21.01 Property   1 1 Primerica Parkway 0.7% 71.4%         1 Primerica Parkway Duluth Gwinnett GA 30099 Office
21.02 Property   1 701 Clay Avenue 0.3% 28.6%         701 Clay Avenue Waco McLennan TX 76706 Office
22 Loan 19 1 Sunrise Shopping Center 0.9% 100.0% BSPRT BSPRT NAP NAP 5486 Saint Barnabas Road Oxon Hill Prince George's MD 20745 Retail
23 Loan 5, 13, 16, 30 1 NB Owners Corp. 0.8% 100.0% NCCB NCB NAP NAP 141-05 Northern Boulevard and 139-50 35th Avenue Flushing Queens NY 11354 Multifamily
24 Loan 5, 16, 30 1 3095 Owners Corp. 0.8% 100.0% NCCB NCB NAP NAP 30 East 95th Street New York New York NY 10128 Multifamily
25 Loan 4, 19 1 Polly's Country Market 0.7% 100.0% BSPRT BSPRT NAP NAP 1255 South Main Street Chelsea Washtenaw MI 48118 Retail
26 Loan 11, 13, 19 1 Walgreens Millbrook 0.6% 100.0% LCF LCF Group B NAP 3720 Highway 14 Millbrook Elmore AL 36054 Retail
27 Loan 11, 13, 19 1 Walgreens Palmview TX 0.6% 100.0% LCF LCF Group B NAP 2008 West Palma Vista Drive Palmview Hidalgo  TX 78572 Retail
28 Loan 19, 30 1 Best Western Plus Executive Inn 0.6% 100.0% ZBNA ZBNA NAP NAP 1002 Earth Road Saint Mary's Elk PA 15857 Hospitality
29 Loan 6, 14, 16, 32 2 Tennessee RV Park 0.6%   BMO BMO NAP NAP Various Brownsville Haywood TN 38012 Manufactured Housing
29.01 Property   1 Will Evans Road Hidden Acres RV Park 0.4% 77.6%         71 Will Evans Road Brownsville Haywood TN 38012 Manufactured Housing
29.02 Property   1 Tibbs Road Hidden Acres RV Park 0.1% 22.4%         10481 Tibbs Road Brownsville Haywood TN 38012 Manufactured Housing
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. 0.6% 100.0% NCCB NCB NAP NAP 102-21 63rd Road Forest Hills Queens NY 11375 Multifamily
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. 0.5% 100.0% NCCB NCB NAP NAP 147-02/147-20 84th Road a/k/a 147-10/147-14 84th Road Briarwood Queens NY 11435 Multifamily
32 Loan 11, 13, 19 1 Walgreens Greenwood 0.5% 100.0% LCF LCF Group B NAP 705 West Center Street Greenwood Sebastian AR 72936 Retail
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. 0.4% 100.0% NCB NCB NAP NAP 831/839 West End Avenue a/k/a 300/308 West 101st Street New York New York NY 10025 Multifamily
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. 0.4% 100.0% NCCB NCB NAP NAP 241 Rumsey Road Yonkers Westchester NY 10705 Multifamily
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. 0.4% 100.0% NCCB NCB NAP NAP 325 East 72nd Street New York New York NY 10021 Multifamily
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. 0.4% 100.0% NCCB NCB NAP NAP 142-15 Franklin Avenue Flushing Queens NY 11355 Multifamily
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. 0.4% 100.0% NCCB NCB NAP NAP 144-30 Sanford Avenue Flushing  Queens NY 11355 Multifamily
38 Loan 5, 13, 16, 30 1 Centrentset Corp. 0.4% 100.0% NCCB NCB NAP NAP 137-149 West 12th Street New York New York NY 10011 Multifamily
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. 0.4% 100.0% NCCB NCB NAP NAP 469-475 Broome Street a/k/a 55 Greene Street New York New York NY 10013 Multifamily
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. 0.3% 100.0% NCB NCB NAP NAP 6209-15 JFK Boulevard East West New York Hudson NJ 07093 Multifamily
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. 0.3% 100.0% NCB NCB NAP NAP 536 West 111th Street New York New York NY 10025 Multifamily
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  0.3% 100.0% NCCB NCB NAP NAP 70 North Grove Street Freeport Nassau NY 11520 Multifamily
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. 0.3% 100.0% NCCB NCB NAP NAP 306 West 100th Street a/k/a 306/310 West 100th Street New York New York NY 10025 Multifamily
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. 0.2% 100.0% NCB NCB NAP NAP 5-11 Secora Road Monsey Rockland NY 10952 Multifamily
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. 0.2% 100.0% NCB NCB NAP NAP 43 North Forest Avenue Rockville Centre Nassau NY 11570 Multifamily
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. 0.2% 100.0% NCCB NCB NAP NAP 2669/2675 Broadway a/k/a 240 West 102nd Street New York New York NY 10025 Multifamily
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. 0.2% 100.0% NCCB NCB NAP NAP 29 West 10th Street New York New York NY 10011 Multifamily
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. 0.2% 100.0% NCB NCB NAP NAP 1160 Richmond Road Staten Island Richmond NY 10304 Multifamily
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. 0.2% 100.0% NCCB NCB NAP NAP 325 East 80th Street a/k/a 323 -329 East 80th Street New York New York NY 10075 Multifamily
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. 0.2% 100.0% NCCB NCB NAP NAP 222 Smith Street Freeport Nassau NY 11520 Multifamily
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. 0.2% 100.0% NCB NCB NAP NAP 1548 Route 9 Wappingers Falls Dutchess NY 12590 Multifamily
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. 0.2% 100.0% NCCB NCB NAP NAP 134/136 West 82nd Street New York New York NY 10024 Multifamily

 

 A-1 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Detailed Property Type Year Built Year Renovated Number of Units Unit of Measure Loan Per Unit ($) Original Balance ($) Cut-off Date Balance ($) Maturity/ARD Balance ($) Interest Rate % Administrative Fee Rate % Net Mortgage Rate %
          2     3     6, 7 6, 7 6, 7 11 8  
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall Super Regional Mall 1986 2007, 2017 923,598 SF 167.82 68,000,000 68,000,000 66,533,652 6.38600% 0.01608% 6.36992%
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson Data Center 1930 2013 1,149,619 SF 243.56 65,000,000 65,000,000 65,000,000 5.88500% 0.01733% 5.86767%
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion Anchored 1995, 2023 NAP 1,063,840 SF 88.48 65,000,000 65,000,000 65,000,000 6.95600% 0.03608% 6.91992%
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio Various Various Various 1,138,969 SF 51.28 58,410,000 58,410,000 58,410,000 6.75000% 0.01608% 6.73392%
4.01 Property   1 8662 Main Street Warehouse/Manufacturing 1980 2016 262,324 SF   13,516,000 13,516,000 13,516,000      
4.02 Property   1 910 Vision Drive Manufacturing 2024 NAP 205,000 SF   13,463,000 13,463,000 13,463,000      
4.03 Property   1 4700 South Westmoreland Road Warehouse/Distribution 1986 NAP 136,209 SF   8,904,000 8,904,000 8,904,000      
4.04 Property   1 2110 Patterson Street Manufacturing 1971 2003 182,407 SF   6,812,000 6,812,000 6,812,000      
4.05 Property   1 26 Maple Avenue Manufacturing 1991 2010 126,126 SF   6,544,000 6,544,000 6,544,000      
4.06 Property   1 8720 US 70 Business Highway West Manufacturing 1976 NAP 100,486 SF   4,559,000 4,559,000 4,559,000      
4.07 Property   1 1445 Timber Wolf Drive Manufacturing 1994 2015 63,588 SF   2,682,000 2,682,000 2,682,000      
4.08 Property   1 1060 State Highway 10 Warehouse/Manufacturing 1969 1993 62,829 SF   1,930,000 1,930,000 1,930,000      
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments High Rise 1986 2015 716 Units 189,944.13 58,000,000 58,000,000 58,000,000 6.88000% 0.02483% 6.85517%
6 Loan 6, 13, 16 2 AHF Crossville Portfolio Manufacturing/Warehouse Various Various 949,281 SF 39.29 37,300,000 37,300,000 37,300,000 7.01000% 0.01608% 6.99392%
6.01 Property   1 Porcelain Tile Drive Manufacturing/Warehouse 2000 2019 586,477 SF   23,499,000 23,499,000 23,499,000      
6.02 Property   1 Sweeney Drive Manufacturing/Warehouse 1980, 1985, 1995, 2005 NAP 362,804 SF   13,801,000 13,801,000 13,801,000      
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace Super Regional Mall 2000, 2002, 2012  NAP 1,938,983 SF 185.66 35,000,000 35,000,000 35,000,000 7.70100% 0.01733% 7.68367%
8 Loan 5, 19, 23, 30 1 Monroe Street Retail Anchored 1970-1972, 1974, 1990-1991, 2005, 2014-2015, 2017 2016, 2023 543,378 SF 63.49 34,500,000 34,500,000 34,500,000 6.87000% 0.01608% 6.85392%
9 Loan 19 1 Residence Inn Del Mar Extended Stay 2013 2020 118 Rooms 211,864.41 25,000,000 25,000,000 25,000,000 7.00300% 0.01608% 6.98692%
10 Loan 10, 19, 21 1 Lincoln City Outlet Center Outlet Center 1989 1996 255,608 SF 90.62 23,162,500 23,162,500 23,162,500 7.15000% 0.01608% 7.13392%
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall Super Regional Mall 1971, 1995 2015, 2016, 2018 1,064,590 SF 247.98 20,000,000 20,000,000 20,000,000 6.335403409% 0.01608% 6.319323409%
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing Anchored 1998 NAP 159,577 SF 168.26 19,850,000 19,850,000 19,850,000 7.29000% 0.01608% 7.27392%
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs Single Tenant 1992 NAP 116,620 SF 132.91 15,500,000 15,500,000 15,500,000 7.03000% 0.01608% 7.01392%
14 Loan 11, 13, 19, 30 1 BJ's Mooresville Single Tenant 2000 NAP 108,528 SF 124.39 13,500,000 13,500,000 13,500,000 7.03000% 0.01608% 7.01392%
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial Manufacturing 1950 2024 360,000 SF 33.33 12,000,000 12,000,000 11,066,002 7.10000% 0.01608% 7.08392%
16 Loan   1 UOVO Livermore Self Storage 1999 NAP 21,568 SF 440.47 9,500,000 9,500,000 9,500,000 6.48000% 0.01608% 6.46392%
17 Loan   1 Texas Parkway Shopping Center Anchored 1981 NAP 84,331 SF 89.82 7,575,000 7,575,000 7,575,000 7.68000% 0.01608% 7.66392%
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio Medical Various Various 40,577 SF 184.83 7,500,000 7,500,000 7,500,000 6.84100% 0.01608% 6.82492%
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart Medical 1972 2000, 2013 15,003 SF   2,300,000 2,300,000 2,300,000      
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso Medical 1988 1995, 2019 10,200 SF   2,000,000 2,000,000 2,000,000      
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte Medical 1997 2012, 2015 7,519 SF   1,750,000 1,750,000 1,750,000      
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville Medical 1978 1981, 2016 7,855 SF   1,450,000 1,450,000 1,450,000      
19 Loan 5, 19, 24 1 Nameoki Commons Anchored 1969, 1986, 2004, 2005 2004, 2006 155,255 SF 46.65 7,250,000 7,243,150 6,910,707 7.54700% 0.01608% 7.53092%
20 Loan 3, 16, 19, 28 1 Good Hotels Denver Limited Service 1892 2022 20 Rooms 325,000.00 6,500,000 6,500,000 6,239,878 8.23200% 0.01608% 8.21592%
21 Loan 6, 7, 19, 30 2 OPI Portfolio Various Various Various 483,084 SF 112.40 6,300,000 6,300,000 6,300,000 7.67100% 0.01608% 7.65492%
21.01 Property   1 1 Primerica Parkway Suburban 2013 NAP 344,476 SF   4,499,569 4,499,569 4,499,569      
21.02 Property   1 701 Clay Avenue CBD 1997 2021 138,608 SF   1,800,431 1,800,431 1,800,431      
22 Loan 19 1 Sunrise Shopping Center Anchored 1989 2002 73,531 SF 81.60 6,000,000 6,000,000 6,000,000 7.08000% 0.01608% 7.06392%
23 Loan 5, 13, 16, 30 1 NB Owners Corp. Cooperative 1956 2003 127 Units 41,706.55 5,300,000 5,296,732 4,979,664 6.52000% 0.09358% 6.42642%
24 Loan 5, 16, 30 1 3095 Owners Corp. Cooperative 1896 2003 37 Units 138,892.78 5,150,000 5,139,033 4,526,410 7.29000% 0.09358% 7.19642%
25 Loan 4, 19 1 Polly's Country Market Single Tenant 1999 NAP 49,836 SF 98.32 4,900,000 4,900,000 4,900,000 7.42500% 0.01608% 7.40892%
26 Loan 11, 13, 19 1 Walgreens Millbrook Single Tenant 2008 NAP 14,820 SF 283.40 4,200,000 4,200,000 4,200,000 7.03000% 0.01608% 7.01392%
27 Loan 11, 13, 19 1 Walgreens Palmview TX Single Tenant 2012 NAP 14,820 SF 276.65 4,100,000 4,100,000 4,100,000 7.03000% 0.01608% 7.01392%
28 Loan 19, 30 1 Best Western Plus Executive Inn Limited Service 1997 NAP 57 Rooms 70,110.17 4,000,000 3,996,280 3,548,478 7.67200% 0.01608% 7.65592%
29 Loan 6, 14, 16, 32 2 Tennessee RV Park RV Park 2023 NAP 78 Spaces 49,358.97 3,850,000 3,850,000 3,850,000 8.61500% 0.01608% 8.59892%
29.01 Property   1 Will Evans Road Hidden Acres RV Park RV Park 2023 NAP 60 Spaces   2,989,030 2,989,030 2,989,030      
29.02 Property   1 Tibbs Road Hidden Acres RV Park RV Park 2023 NAP 18 Spaces   860,970 860,970 860,970      
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. Cooperative 1955 2013 84 Units 45,778.62 3,850,000 3,845,404 3,674,093 7.33000% 0.09358% 7.23642%
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. Cooperative 1952 2013 77 Units 46,103.90 3,550,000 3,550,000 3,550,000 6.52000% 0.09358% 6.42642%
32 Loan 11, 13, 19 1 Walgreens Greenwood Single Tenant 2009 NAP 13,650 SF 227.11 3,100,000 3,100,000 3,100,000 7.03000% 0.01608% 7.01392%
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. Cooperative 1902 2003 42 Units 71,428.57 3,000,000 3,000,000 3,000,000 6.58000% 0.09358% 6.48642%
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. Cooperative 1951 2008 83 Units 36,144.58 3,000,000 3,000,000 3,000,000 6.54000% 0.09358% 6.44642%
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. Cooperative 1926 2008 58 Units 49,050.11 2,850,000 2,844,906 2,456,821 6.57000% 0.09358% 6.47642%
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. Cooperative 1969 2003 72 Units 38,152.62 2,750,000 2,746,989 2,361,070 6.43000% 0.09358% 6.33642%
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. Cooperative 1960 2012 118 Units 22,859.50 2,700,000 2,697,421 2,560,852 6.99000% 0.09358% 6.89642%
38 Loan 5, 13, 16, 30 1 Centrentset Corp. Cooperative 1910 1994 102 Units 25,980.39 2,650,000 2,650,000 2,244,181 5.95000% 0.09358% 5.85642%
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. Cooperative 1873 2002 10 Units 247,930.73 2,500,000 2,479,307 2,126,881 6.10000% 0.09358% 6.00642%
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. Cooperative 1930 1998 55 Units 41,198.38 2,270,000 2,265,911 1,954,662 6.53000% 0.09358% 6.43642%
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. Cooperative 1910 2014 40 Units 56,188.07 2,250,000 2,247,523 2,048,233 6.39000% 0.09358% 6.29642%
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  Cooperative 1964 2019 75 Units 26,666.67 2,000,000 2,000,000 1,715,924 6.40000% 0.09358% 6.30642%
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. Cooperative 1910 2003 32 Units 62,431.66 2,000,000 1,997,813 1,717,624 6.44000% 0.09358% 6.34642%
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. Cooperative 1972 2002 99 Units 16,551.00 1,650,000 1,638,549 1,412,009 6.30000% 0.09358% 6.20642%
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. Cooperative 1939 2003 34 Units 44,042.26 1,500,000 1,497,437 1,301,238 6.80000% 0.09358% 6.70642%
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. Cooperative 1900 2016 27 Units 55,394.53 1,500,000 1,495,652 1,319,225 7.32000% 0.09358% 7.22642%
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. Cooperative 1900 2016 5 Units 298,923.87 1,500,000 1,494,619 1,315,007 7.19000% 0.09358% 7.09642%
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. Cooperative 1964 2018 71 Units 20,422.54 1,450,000 1,450,000 1,245,448 6.44000% 0.09358% 6.34642%
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. Cooperative 1927 2018 46 Units 28,694.70 1,350,000 1,319,956 14,257 7.68000% 0.09358% 7.58642%
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. Cooperative 1959 2002 40 Units 32,479.44 1,300,000 1,299,177 1,217,163 6.35000% 0.09358% 6.25642%
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. Cooperative 1970 2009 70 Units 18,505.28 1,300,000 1,295,370 1,140,562 7.22000% 0.09358% 7.12642%
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. Cooperative 1885 2003 19 Units 63,063.38 1,200,000 1,198,204 1,059,376 7.47000% 0.09358% 7.37642%

 

 A-2 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Monthly Debt Service (P&I) ($) Monthly Debt Service (IO) ($) Annual Debt Service (P&I) ($) Annual Debt Service (IO) ($) Amortization Type ARD Loan (Yes / No) Interest Accrual Method Original Interest-Only Period (Mos.) Remaining Interest-Only Period (Mos.) Original Term To Maturity / ARD (Mos.) Remaining Term To Maturity / ARD (Mos.) Original Amortization Term (Mos.) Remaining Amortization Term (Mos.)
          9 9 9 9                  
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 424,720.88 366,899.35 5,096,650.56 4,402,792.20 Interest Only, Amortizing Balloon No Actual/360 96 95 120 119 360 360
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP 323,198.21 NAP 3,878,378.52 Interest Only No Actual/360 120 115 120 115 0 0
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion NAP 382,016.44 NAP 4,584,197.22 Interest Only No Actual/360 120 120 120 120 0 0
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio NAP 333,119.53 NAP 3,997,434.36 Interest Only No Actual/360 120 119 120 119 0 0
4.01 Property   1 8662 Main Street                          
4.02 Property   1 910 Vision Drive                          
4.03 Property   1 4700 South Westmoreland Road                          
4.04 Property   1 2110 Patterson Street                          
4.05 Property   1 26 Maple Avenue                          
4.06 Property   1 8720 US 70 Business Highway West                          
4.07 Property   1 1445 Timber Wolf Drive                          
4.08 Property   1 1060 State Highway 10                          
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments NAP 337,151.85 NAP 4,045,822.20 Interest Only No Actual/360 120 117 120 117 0 0
6 Loan 6, 13, 16 2 AHF Crossville Portfolio NAP 220,920.47 NAP 2,651,045.64 Interest Only No Actual/360 120 120 120 120 0 0
6.01 Property   1 Porcelain Tile Drive                          
6.02 Property   1 Sweeney Drive                          
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace NAP 227,732.12 NAP 2,732,785.44 Interest Only No Actual/360 120 116 120 116 0 0
8 Loan 5, 19, 23, 30 1 Monroe Street Retail NAP 200,255.73 NAP 2,403,068.76 Interest Only No Actual/360 120 118 120 118 0 0
9 Loan 19 1 Residence Inn Del Mar NAP 147,922.16 NAP 1,775,065.92 Interest Only No Actual/360 120 120 120 120 0 0
10 Loan 10, 19, 21 1 Lincoln City Outlet Center NAP 139,926.70 NAP 1,679,120.40 Interest Only No Actual/360 120 120 120 120 0 0
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP 107,056.59 NAP 1,284,679.08 Interest Only No Actual/360 120 117 120 117 0 0
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing NAP 122,263.59 NAP 1,467,163.08 Interest Only No Actual/360 120 119 120 119 0 0
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs NAP 92,065.34 NAP 1,104,784.03 Interest Only - ARD Yes Actual/360 120 120 120 120 0 0
14 Loan 11, 13, 19, 30 1 BJ's Mooresville NAP 80,185.94 NAP 962,231.25 Interest Only - ARD Yes Actual/360 120 120 120 120 0 0
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 80,643.84 71,986.11 967,726.08 863,833.32 Interest Only, Amortizing Balloon No Actual/360 36 36 120 120 360 360
16 Loan   1 UOVO Livermore NAP 52,012.50 NAP 624,150.00 Interest Only No Actual/360 120 120 120 120 0 0
17 Loan   1 Texas Parkway Shopping Center NAP 49,153.33 NAP 589,839.96 Interest Only No Actual/360 120 120 120 120 0 0
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio NAP 43,350.09 NAP 520,201.08 Interest Only No Actual/360 120 120 120 120 0 0
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart                          
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso                          
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte                          
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville                          
19 Loan 5, 19, 24 1 Nameoki Commons 50,926.59 NAP 611,119.08 NAP Amortizing Balloon No Actual/360 0 0 60 59 360 359
20 Loan 3, 16, 19, 28 1 Good Hotels Denver 48,750.10 NAP 585,001.20 NAP Amortizing Balloon No Actual/360 0 0 60 60 360 360
21 Loan 6, 7, 19, 30 2 OPI Portfolio NAP 40,832.09 NAP 489,985.08 Interest Only No Actual/360 60 55 60 55 0 0
21.01 Property   1 1 Primerica Parkway                          
21.02 Property   1 701 Clay Avenue                          
22 Loan 19 1 Sunrise Shopping Center NAP 35,891.67 NAP 430,700.04 Interest Only No Actual/360 120 119 120 119 0 0
23 Loan 5, 13, 16, 30 1 NB Owners Corp. 31,104.76 NAP 373,257.12 NAP Amortizing Balloon No Actual/360 0 0 120 119 480 479
24 Loan 5, 16, 30 1 3095 Owners Corp. 35,271.91 NAP 423,262.92 NAP Amortizing Balloon No Actual/360 0 0 120 117 360 357
25 Loan 4, 19 1 Polly's Country Market NAP 30,739.84 NAP 368,878.08 Interest Only No Actual/360 120 120 120 120 0 0
26 Loan 11, 13, 19 1 Walgreens Millbrook NAP 24,946.74 NAP 299,360.83 Interest Only - ARD Yes Actual/360 120 120 120 120 0 0
27 Loan 11, 13, 19 1 Walgreens Palmview TX NAP 24,352.77 NAP 292,233.19 Interest Only - ARD Yes Actual/360 120 120 120 120 0 0
28 Loan 19, 30 1 Best Western Plus Executive Inn 28,441.19 NAP 341,294.28 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359
29 Loan 6, 14, 16, 32 2 Tennessee RV Park NAP 28,023.68 NAP 336,284.16 Interest Only No Actual/360 60 60 60 60 0 0
29.01 Property   1 Will Evans Road Hidden Acres RV Park                          
29.02 Property   1 Tibbs Road Hidden Acres RV Park                          
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. 24,853.39 NAP 298,240.68 NAP Amortizing Balloon No Actual/360 0 0 120 116 480 476
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP 19,556.23 NAP 234,674.76 Interest Only No Actual/360 120 115 120 115 0 0
32 Loan 11, 13, 19 1 Walgreens Greenwood NAP 18,413.07 NAP 220,956.81 Interest Only - ARD Yes Actual/360 120 120 120 120 0 0
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP 16,678.47 NAP 200,141.64 Interest Only No Actual/360 120 115 120 115 0 0
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP 16,577.08 NAP 198,924.96 Interest Only No Actual/360 120 118 120 118 0 0
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. 18,145.34 NAP 217,744.08 NAP Amortizing Balloon No Actual/360 0 0 120 118 360 358
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. 17,255.47 NAP 207,065.64 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. 16,759.04 NAP 201,108.48 NAP Amortizing Balloon No Actual/360 0 0 120 117 480 477
38 Loan 5, 13, 16, 30 1 Centrentset Corp. 15,803.00 NAP 189,636.00 NAP Amortizing Balloon No Actual/360 0 0 120 120 360 360
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. 15,149.87 NAP 181,798.44 NAP Amortizing Balloon No Actual/360 0 0 120 111 360 351
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. 14,392.76 NAP 172,713.12 NAP Amortizing Balloon No Actual/360 0 0 120 118 360 358
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. 14,059.15 NAP 168,709.80 NAP Amortizing Balloon No Actual/360 0 0 84 83 360 359
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  12,510.12 NAP 150,121.44 NAP Amortizing Balloon No Actual/360 0 0 120 120 360 360
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. 12,562.55 NAP 150,750.60 NAP Amortizing Balloon No Actual/360 0 0 120 119 360 359
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. 10,213.05 NAP 122,556.60 NAP Amortizing Balloon No Actual/360 0 0 120 112 360 352
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. 9,778.88 NAP 117,346.56 NAP Amortizing Balloon No Actual/360 0 0 120 118 360 358
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. 10,303.96 NAP 123,647.52 NAP Amortizing Balloon No Actual/360 0 0 120 116 360 356
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. 10,171.67 NAP 122,060.04 NAP Amortizing Balloon No Actual/360 0 0 120 115 360 355
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. 9,107.85 NAP 109,294.20 NAP Amortizing Balloon No Actual/360 0 0 120 120 360 360
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. 16,151.85 NAP 193,822.20 NAP Fully Amortizing No Actual/360 0 0 120 116 120 116
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. 7,472.45 NAP 89,669.40 NAP Amortizing Balloon No Actual/360 0 0 120 119 480 479
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. 8,841.85 NAP 106,102.20 NAP Amortizing Balloon No Actual/360 0 0 120 115 360 355
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. 8,365.94 NAP 100,391.28 NAP Amortizing Balloon No Actual/360 0 0 120 118 360 358

 

 A-3 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Origination Date Seasoning (Mos.) Payment Due Date First Payment Date First P&I Payment Date Maturity Date or Anticipated Repayment Date Final Maturity Date Grace Period - Late Fee (Days) Grace Period - Default (Days) Prepayment Provision Most Recent EGI ($)  Most Recent Expenses ($)   Most Recent NOI ($)   Most Recent NOI Date   Most Recent Description  Second Most Recent EGI ($)
                    11 11 10 10 12     31 16    
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 1/25/2024 1 6 3/6/2024 3/6/2032 2/6/2034 2/6/2034 5 0 L(25),YM1(88),O(7) 41,365,921 10,954,495 30,411,426 9/30/2023 T-12 38,671,562
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 9/6/2023 5 1 11/1/2023 NAP 10/1/2033 10/1/2033 5 0 L(29),D(86),O(5) 124,308,174 50,782,190 73,525,984 6/30/2023 T-12 112,940,517
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 2/8/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 L(24),D(90),O(6) 13,486,408 3,370,495 10,115,913 1/31/2024 T-12 13,435,114
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio 1/24/2024 1 6 3/6/2024 NAP 2/6/2034 2/6/2034 0 0 L(11),YM1(14),DorYM1(88),O(7) NAV NAV NAV NAV NAV NAV
4.01 Property   1 8662 Main Street                     NAV NAV NAV NAV NAV NAV
4.02 Property   1 910 Vision Drive                     NAV NAV NAV NAV NAV NAV
4.03 Property   1 4700 South Westmoreland Road                     NAV NAV NAV NAV NAV NAV
4.04 Property   1 2110 Patterson Street                     NAV NAV NAV NAV NAV NAV
4.05 Property   1 26 Maple Avenue                     NAV NAV NAV NAV NAV NAV
4.06 Property   1 8720 US 70 Business Highway West                     NAV NAV NAV NAV NAV NAV
4.07 Property   1 1445 Timber Wolf Drive                     NAV NAV NAV NAV NAV NAV
4.08 Property   1 1060 State Highway 10                     NAV NAV NAV NAV NAV NAV
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 11/27/2023 3 6 1/6/2024 NAP 12/6/2033 12/6/2033 0 0 L(27),YM1(86),O(7) 18,536,311 8,365,611 10,170,700 7/31/2023 T-12 18,010,837
6 Loan 6, 13, 16 2 AHF Crossville Portfolio 2/16/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 YM1(24),DorYM1(89),O(7) NAV NAV NAV NAV NAV NAV
6.01 Property   1 Porcelain Tile Drive                     NAV NAV NAV NAV NAV NAV
6.02 Property   1 Sweeney Drive                     NAV NAV NAV NAV NAV NAV
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 10/5/2023 4 1 12/1/2023 NAP 11/1/2033 11/1/2033 0 0 L(28),D(86),O(6) 69,724,516 18,198,782 51,525,734 8/31/2023 T-12 69,984,212
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 12/21/2023 2 6 2/6/2024 NAP 1/6/2034 1/6/2034 0 0 L(26),D(89),O(5) 6,383,258 2,079,640 4,303,618 10/31/2023 T-12 6,830,168
9 Loan 19 1 Residence Inn Del Mar 2/26/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 L(24),D(89),O(7) 7,785,816 4,209,911 3,575,905 12/31/2023 T-12 7,505,887
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 2/13/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 5 0 L(24),D(89),O(7) 5,922,823 2,513,034 3,409,789 11/30/2023 T-12 5,756,182
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 11/22/2023 3 1 1/1/2024 NAP 12/1/2033 12/1/2033 0 0 L(27),D(87),O(6) 72,418,187 35,940,556 36,477,631 10/31/2023 T-12 74,865,600
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 2/8/2024 1 6 3/6/2024 NAP 2/6/2034 2/6/2034 10 0 L(25),YM1(88),O(7) 3,966,057 1,056,580 2,909,477 12/31/2023 T-12 3,878,598
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 3/6/2024 0 6 4/6/2024 NAP 3/6/2034 9/6/2037 0 0 YM(24),DorYM(89),O(7) NAV NAV NAV NAV NAV NAV
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 3/6/2024 0 6 4/6/2024 NAP 3/6/2034 9/6/2037 0 0 YM(24),DorYM(89),O(7) NAV NAV NAV NAV NAV NAV
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 3/5/2024 0 6 4/6/2024 4/6/2027 3/6/2034 3/6/2034 0 0 L(24),D(91),O(5) NAV NAV NAV NAV NAV NAV
16 Loan   1 UOVO Livermore 2/23/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 L(24),DorYM1(91),O(5) 1,210,511 416,854 793,657 11/30/2023 T-12 768,074
17 Loan   1 Texas Parkway Shopping Center 2/23/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 L(24),D(89),O(7) 843,814 346,781 497,033 1/31/2024 T-12 524,878
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio 2/22/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 L(13),YM1(11),DorYM1(91),O(5) NAV NAV NAV NAV NAV NAV
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart                     NAV NAV NAV NAV NAV NAV
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso                     NAV NAV NAV NAV NAV NAV
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte                     NAV NAV NAV NAV NAV NAV
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville                     NAV NAV NAV NAV NAV NAV
19 Loan 5, 19, 24 1 Nameoki Commons 1/23/2024 1 6 3/6/2024 3/6/2024 2/6/2029 2/6/2029 0 0 L(25),D(31),O(4) 1,259,627 121,646 1,137,981 6/30/2023 T-6 Ann. 1,211,761
20 Loan 3, 16, 19, 28 1 Good Hotels Denver 2/23/2024 0 6 4/6/2024 4/6/2024 3/6/2029 3/6/2029 0 0 L(24),D(32),O(4) 2,074,503 648,617 1,425,885 12/31/2023 T-12 NAV
21 Loan 6, 7, 19, 30 2 OPI Portfolio 9/13/2023 5 6 11/6/2023 NAP 10/6/2028 10/6/2028 0 0 L(12),YM1(41),O(7) 8,679,945 1,418,696 7,261,249 7/31/2023 T-12 8,612,280
21.01 Property   1 1 Primerica Parkway                     5,386,829 286,119 5,100,710 7/31/2023 T-12 5,348,016
21.02 Property   1 701 Clay Avenue                     3,293,116 1,132,577 2,160,539 7/31/2023 T-12 3,264,264
22 Loan 19 1 Sunrise Shopping Center 2/5/2024 1 6 3/6/2024 NAP 2/6/2034 2/6/2034 0 0 L(25),D(91),O(4) 1,559,316 552,756 1,006,560 12/31/2023 T-12 1,613,581
23 Loan 5, 13, 16, 30 1 NB Owners Corp. 1/30/2024 1 1 3/1/2024 3/1/2024 2/1/2034 2/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. 11/16/2023 3 1 1/1/2024 1/1/2024 12/1/2033 12/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
25 Loan 4, 19 1 Polly's Country Market 2/22/2024 0 6 4/6/2024 NAP 3/6/2034 3/6/2034 0 0 L(24),D(91),O(5) 733,099 202,075 531,024 12/31/2023 T-12 721,820
26 Loan 11, 13, 19 1 Walgreens Millbrook 3/6/2024 0 6 4/6/2024 NAP 3/6/2034 5/6/2038 0 0 YM(24),DorYM(89),O(7) NAV NAV NAV NAV NAV NAV
27 Loan 11, 13, 19 1 Walgreens Palmview TX 3/6/2024 0 6 4/6/2024 NAP 3/6/2034 8/6/2042 0 0 YM(24),DorYM(89),O(7) NAV NAV NAV NAV NAV NAV
28 Loan 19, 30 1 Best Western Plus Executive Inn 2/6/2024 1 6 3/6/2024 3/6/2024 2/6/2034 2/6/2034 0 0 L(25),D(91),O(4) 1,617,958 782,830 835,129 12/31/2023 T-12 1,672,944
29 Loan 6, 14, 16, 32 2 Tennessee RV Park 2/16/2024 0 6 4/6/2024 NAP 3/6/2029 3/6/2029 0 0 L(24),D(32),O(4) 655,495 189,847 465,649 12/31/2023 T-11 Ann. NAV
29.01 Property   1 Will Evans Road Hidden Acres RV Park                     NAV NAV NAV NAV NAV NAV
29.02 Property   1 Tibbs Road Hidden Acres RV Park                     NAV NAV NAV NAV NAV NAV
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. 10/30/2023 4 1 12/1/2023 12/1/2023 11/1/2033 11/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. 9/27/2023 5 1 11/1/2023 NAP 10/1/2033 10/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood 3/6/2024 0 6 4/6/2024 NAP 3/6/2034 6/6/2039 0 0 YM(24),DorYM(89),O(7) NAV NAV NAV NAV NAV NAV
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. 9/11/2023 5 1 11/1/2023 NAP 10/1/2033 10/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. 12/29/2023 2 1 2/1/2024 NAP 1/1/2034 1/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. 12/29/2023 2 1 2/1/2024 2/1/2024 1/1/2034 1/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. 1/31/2024 1 1 3/1/2024 3/1/2024 2/1/2034 2/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. 11/30/2023 3 1 1/1/2024 1/1/2024 12/1/2033 12/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp. 2/16/2024 0 1 4/1/2024 4/1/2024 3/1/2034 3/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. 5/31/2023 9 1 7/1/2023 7/1/2023 6/1/2033 6/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. 12/22/2023 2 1 2/1/2024 2/1/2024 1/1/2034 1/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. 1/23/2024 1 1 3/1/2024 3/1/2024 2/1/2031 2/1/2031 10 10 YM1(77),1%(3),O(4) NAP NAP NAP NAP NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  2/28/2024 0 1 4/1/2024 4/1/2024 3/1/2034 3/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. 1/31/2024 1 1 3/1/2024 3/1/2024 2/1/2034 2/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. 6/29/2023 8 1 8/1/2023 8/1/2023 7/1/2033 7/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. 12/28/2023 2 1 2/1/2024 2/1/2024 1/1/2034 1/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. 10/31/2023 4 1 12/1/2023 12/1/2023 11/1/2033 11/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. 9/25/2023 5 1 11/1/2023 11/1/2023 10/1/2033 10/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. 2/15/2024 0 1 4/1/2024 4/1/2024 3/1/2034 3/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. 10/27/2023 4 1 12/1/2023 12/1/2023 11/1/2033 11/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. 1/30/2024 1 1 3/1/2024 3/1/2024 2/1/2034 2/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. 9/28/2023 5 1 11/1/2023 11/1/2023 10/1/2033 10/1/2033 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. 12/13/2023 2 1 2/1/2024 2/1/2024 1/1/2034 1/1/2034 10 10 YM1(113),1%(3),O(4) NAP NAP NAP NAP NAP NAP

 

 A-4 

 

BMO 2024-C8

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 ($) Underwritten Net Operating Income ($) Underwritten Replacement / FF&E Reserve ($)  Underwritten TI / LC ($) 
              16         16         31   15
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 12,281,082 26,390,480 12/31/2022 T-12 38,161,185 15,920,467 22,240,718 12/31/2021 T-12 94.5% 43,953,322 13,946,497 30,006,825 166,941 568,561
2 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 67,833,673 229,924 2,110,256
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 3,428,645 10,006,469 12/31/2023 T-12 12,727,697 3,343,899 9,383,798 12/31/2022 T-12 95.8% 14,064,058 3,471,570 10,592,488 0 0
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 8,692,458 260,774 8,431,684 170,845 0
4.01 Property   1 8662 Main Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.02 Property   1 910 Vision Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.03 Property   1 4700 South Westmoreland Road NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.04 Property   1 2110 Patterson Street NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.05 Property   1 26 Maple Avenue NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.06 Property   1 8720 US 70 Business Highway West NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.07 Property   1 1445 Timber Wolf Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
4.08 Property   1 1060 State Highway 10 NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 8,726,272 9,284,565 12/31/2022 T-12 16,868,370 8,052,400 8,815,970 12/31/2021 T-12 91.7% 21,736,552 8,473,297 13,263,255 209,647 17,195
6 Loan 6, 13, 16 2 AHF Crossville Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 5,629,091 879,548 4,749,543 142,392 170,007
6.01 Property   1 Porcelain Tile Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 3,496,403 563,063 2,933,340 87,972 105,032
6.02 Property   1 Sweeney Drive NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,132,688 316,485 1,816,203 54,421 64,975
7 Loan 1, 3, 7, 12, 13, 23, 24 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 57,938,726 278,330 2,102,842
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 2,163,456 4,666,712 12/31/2022 T-12 6,912,708 2,234,909 4,677,799 12/31/2021 T-12 92.0% 7,345,436 2,835,920 4,509,516 81,507 285,937
9 Loan 19 1 Residence Inn Del Mar 4,209,298 3,296,589 12/31/2022 T-12 5,243,062 2,978,964 2,264,098 12/31/2021 T-12 84.7% 7,785,816 4,235,764 3,550,052 389,291 0
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 2,447,141 3,309,041 12/31/2022 T-12 5,236,728 2,351,294 2,885,434 12/31/2021 T-12 95.2% 6,236,074 2,484,097 3,751,977 53,678 318,993
11 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 42,115,468 195,077 864,590
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 935,503 2,943,095 12/31/2022 T-12 3,896,401 1,090,454 2,805,947 12/31/2021 T-12 95.0% 3,866,451 1,024,836 2,841,614 25,532 79,789
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 1,872,431 56,173 1,816,258 11,662 0
14 Loan 11, 13, 19, 30 1 BJ's Mooresville NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 1,633,601 49,008 1,584,593 10,853 0
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial NAV NAV NAV NAV NAV NAV NAV NAV NAV 95.0% 2,106,414 543,278 1,563,136 36,000 108,000
16 Loan   1 UOVO Livermore 335,469 432,605 12/31/2022 T-12 NAV NAV NAV NAV NAV 73.9% 1,422,408 336,262 1,086,146 6,039 0
17 Loan   1 Texas Parkway Shopping Center 309,661 215,217 12/31/2022 T-12 493,562 327,835 165,727 12/31/2021 T-12 89.9% 1,452,013 377,511 1,074,502 8,433 33,732
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 981,978 0 981,978 0 0
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
19 Loan 5, 19, 24 1 Nameoki Commons 442,638 769,124 12/31/2022 T-12 1,161,109 503,303 657,806 12/31/2021 T-12 70.1% 1,698,903 514,675 1,184,228 38,814 212,706
20 Loan 3, 16, 19, 28 1 Good Hotels Denver NAV NAV NAV NAV NAV NAV NAV NAV NAV 88.3% 2,079,473 713,068 1,366,405 123,563 0
21 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 7,496,432 120,771 0
21.01 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 5,341,269 86,119 0
21.02 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 2,155,163 34,652 0
22 Loan 19 1 Sunrise Shopping Center 466,610 1,146,972 12/31/2022 T-12 1,612,774 473,573 1,139,201 12/31/2021 T-12 93.1% 1,682,799 577,919 1,104,880 11,030 73,531
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 2,942,220 1,631,134 1,311,086 37,800 0
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 1,484,813 782,037 702,776 7,300 0
25 Loan 4, 19 1 Polly's Country Market 194,187 527,632 12/31/2022 T-12 716,756 191,466 525,290 12/31/2021 T-12 95.0% 735,071 198,523 536,548 7,475 0
26 Loan 11, 13, 19 1 Walgreens Millbrook NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 461,544 13,846 447,698 1,482 0
27 Loan 11, 13, 19 1 Walgreens Palmview TX NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 450,515 13,515 437,000 1,482 0
28 Loan 19, 30 1 Best Western Plus Executive Inn 779,868 893,076 12/31/2022 T-12 1,581,900 727,729 854,171 12/31/2021 T-12 70.4% 1,617,958 793,175 824,783 80,898 0
29 Loan 6, 14, 16, 32 2 Tennessee RV Park NAV NAV NAV NAV NAV NAV NAV NAV NAV 93.1% 752,280 194,483 557,797 4,530 0
29.01 Property   1 Will Evans Road Hidden Acres RV Park NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
29.02 Property   1 Tibbs Road Hidden Acres RV Park NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV NAV
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 2,176,022 1,133,706 1,042,316 30,450 0
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 1,786,562 676,632 1,109,930 23,400 0
32 Loan 11, 13, 19 1 Walgreens Greenwood NAV NAV NAV NAV NAV NAV NAV NAV NAV 100.0% 342,268 10,268 332,000 1,365 0
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 96.5% 2,128,916 627,814 1,501,102 12,900 0
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 94.0% 1,868,667 827,801 1,040,866 33,200 0
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 97.0% 5,631,399 2,403,907 3,227,492 11,800 0
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 1,955,066 833,393 1,121,673 22,500 0
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 3,222,016 1,481,194 1,740,822 29,700 0
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 96.0% 4,432,642 1,387,190 3,045,452 30,000 0
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 96.5% 3,115,398 797,688 2,317,710 4,200 0
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 96.0% 1,231,930 332,504 899,426 13,750 0
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 1,662,458 691,997 970,461 18,000 0
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP NAP NAP NAP NAP NAP NAP NAP 96.0% 2,242,742 633,069 1,609,673 15,400 0
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 96.0% 1,984,831 615,235 1,369,596 8,250 0
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 2,055,876 780,148 1,275,728 25,600 0
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 874,350 324,126 550,224 10,500 0
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 1,860,982 831,861 1,029,121 21,000 0
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 512,430 179,935 332,495 7,500 0
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.9% 1,563,697 696,766 866,931 18,000 0
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 2,047,904 866,510 1,181,394 22,500 0
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 925,794 392,043 533,751 16,000 0
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP 97.0% 1,433,680 581,149 852,531 17,750 0
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP 95.0% 782,838 261,855 520,983 3,100 0

 

 A-5 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Underwritten Net Cash Flow ($)  Underwritten NOI DSCR (x)  Underwritten NCF DSCR (x)   Underwritten NOI Debt Yield (%)   Underwritten NCF Debt Yield (%)   Appraised Value ($)  Appraised Value Type  Appraisal Date   Cut-off Date LTV Ratio (%)   LTV Ratio at Maturity / ARD (%)   Leased Occupancy (%)   Occupancy Date   Single Tenant (Y/N)   Largest Tenant 
            7, 14 7, 14 7 7 5      5, 7   5, 7   3,4       4, 21, 22, 23, 28 
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 29,271,323 2.58 2.52 19.4% 18.9% 371,000,000 As Is 12/18/2023 41.8% 40.9% 97.1% 1/4/2024 No Target
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 65,493,494 4.06 3.92 24.2% 23.4% 1,596,000,000 As Is 5/8/2023 17.5% 17.5% 62.2% 6/5/2023 No Verizon
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 10,592,488 1.60 1.60 11.3% 11.3% 146,050,000 As Is 12/12/2023 64.4% 64.4% 96.0% 2/6/2024 No Kohl's
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio 8,260,839 2.11 2.07 14.4% 14.1% 105,000,000 As Portfolio 12/22/2023 55.6% 55.6% 100.0% 1/24/2024    
4.01 Property   1 8662 Main Street NAV         25,200,000 As Is 12/22/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.02 Property   1 910 Vision Drive NAV         19,900,000 As Is 12/18/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.03 Property   1 4700 South Westmoreland Road NAV         16,600,000 As Is 12/19/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.04 Property   1 2110 Patterson Street NAV         12,700,000 As Is 12/19/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.05 Property   1 26 Maple Avenue NAV         12,200,000 As Is 12/22/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.06 Property   1 8720 US 70 Business Highway West NAV         8,500,000 As Is 12/21/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.07 Property   1 1445 Timber Wolf Drive NAV         5,000,000 As Is 12/20/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
4.08 Property   1 1060 State Highway 10 NAV         3,600,000 As Is 12/18/2023     100.0% 1/24/2024 Yes Tekni-Plex, Inc.
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 13,036,413 1.40 1.37 9.8% 9.6% 256,800,000 Prospective As Complete - Proposed 5/31/2024 53.0% 53.0% 92.5% 10/20/2023 NAP NAP
6 Loan 6, 13, 16 2 AHF Crossville Portfolio 4,437,144 1.79 1.67 12.7% 11.9% 62,000,000 As Is 1/5/2024 60.2% 60.2% 100.0% 2/16/2024    
6.01 Property   1 Porcelain Tile Drive 2,740,336         38,300,000 As Is 1/5/2024     100.0% 2/16/2024 Yes AHF, LLC
6.02 Property   1 Sweeney Drive 1,696,808         23,700,000 As Is 1/5/2024     100.0% 2/16/2024 Yes AHF, LLC
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 55,557,554 2.06 1.98 16.1% 15.4% 870,600,000 As Is 9/1/2023 41.4% 41.4% 98.3% 6/15/2023 No Live Casino Hotel Maryland
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 4,142,072 1.88 1.72 13.1% 12.0% 54,800,000 As Is 12/1/2024 63.0% 63.0% 94.4% 12/20/2023 No Target
9 Loan 19 1 Residence Inn Del Mar 3,160,761 2.00 1.78 14.2% 12.6% 50,000,000 As Is 1/9/2024 50.0% 50.0% 84.7% 12/31/2023 NAP NAP
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 3,379,306 2.23 2.01 16.2% 14.6% 36,200,000 As Is 12/31/2023 64.0% 64.0% 95.1% 2/1/2024 No Old Navy Outlet
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 41,055,801 2.48 2.42 16.0% 15.6% 694,000,000 As Is 10/27/2023 38.0% 38.0% 96.1% 11/14/2023 No Nordstrom
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 2,736,294 1.43 1.38 10.6% 10.2% 42,000,000 As Is 1/5/2024 63.9% 63.9% 98.6% 1/30/2024 No Regal Cinemas, Inc.
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 1,804,596 1.64 1.63 11.7% 11.6% 25,200,000 As Is 3/25/2023 61.5% 61.5% 100.0% 3/6/2024 Yes BJ's Wholesale Club
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 1,573,740 1.65 1.64 11.7% 11.7% 22,000,000 As Is 3/30/2023 61.4% 61.4% 100.0% 3/6/2024 Yes BJ's Wholesale Club
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 1,419,136 1.62 1.47 13.0% 11.8% 18,350,000 As Complete 5/15/2024 65.4% 60.3% 100.0% 3/5/2024 Yes Contour Windows
16 Loan   1 UOVO Livermore 1,080,107 1.74 1.73 11.4% 11.4% 14,200,000 As Is 1/2/2024 66.9% 66.9% 73.6% 12/31/2023 NAP NAP
17 Loan   1 Texas Parkway Shopping Center 1,032,337 1.82 1.75 14.2% 13.6% 15,070,000 As Is 11/26/2023 50.3% 50.3% 88.0% 1/30/2024 No Blink Fitness
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio 981,978 1.89 1.89 13.1% 13.1% 13,610,000 As Is 1/24/2024 55.1% 55.1% 100.0% 2/22/2024    
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart NAV         4,060,000 As Is 1/24/2024     100.0% 2/22/2024 Yes Centers for Pain Control & Vein Care
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso NAV         4,080,000 As Is 1/24/2024     100.0% 2/22/2024 Yes Centers for Pain Control & Vein Care
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte NAV         3,000,000 As Is 1/24/2024     100.0% 2/22/2024 Yes Centers for Pain Control & Vein Care
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville NAV         2,470,000 As Is 1/24/2024     100.0% 2/22/2024 Yes Centers for Pain Control & Vein Care
19 Loan 5, 19, 24 1 Nameoki Commons 932,708 1.94 1.53 16.3% 12.9% 11,810,000 As Is 12/11/2023 61.3% 58.5% 70.1% 1/1/2024 No Ollie's
20 Loan 3, 16, 19, 28 1 Good Hotels Denver 1,242,842 2.34 2.12 21.0% 19.1% 12,000,000 As Is 1/16/2024 54.2% 52.0% 92.9% 12/31/2023 NAP NAP
21 Loan 6, 7, 19, 30 2 OPI Portfolio 7,375,661 1.78 1.75 13.8% 13.6% 112,100,000 As Is Various 48.4% 48.4% 100.0% 9/13/2023    
21.01 Property   1 1 Primerica Parkway 5,255,150         77,100,000 As Is 7/11/2023     100.0% 9/13/2023 Yes Primerica Life Insurance Company
21.02 Property   1 701 Clay Avenue 2,120,511         35,000,000 As Is 7/12/2023     100.0% 9/13/2023 Yes GSA - Veterans Benefits Administration
22 Loan 19 1 Sunrise Shopping Center 1,020,320 2.57 2.37 18.4% 17.0% 15,200,000 As Is 1/8/2024 39.5% 39.5% 94.7% 12/1/2023 No Global Food of Oxen Hill, LLC
23 Loan 5, 13, 16, 30 1 NB Owners Corp. 1,273,286 3.51 3.41 24.8% 24.0% 38,000,000 As Is 10/27/2023 13.9% 13.1%     NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. 695,476 1.66 1.64 13.7% 13.5% 22,800,000 As Is 8/18/2023 22.5% 19.9%     NAP NAP
25 Loan 4, 19 1 Polly's Country Market 529,072 1.45 1.43 10.9% 10.8% 9,050,000 As Is 1/22/2024 54.1% 54.1% 100.0% 2/22/2024 Yes Polly's Food Service, Inc. 
26 Loan 11, 13, 19 1 Walgreens Millbrook 446,216 1.50 1.49 10.7% 10.6% 6,900,000 As Is 3/31/2023 60.9% 60.9% 100.0% 3/6/2024 Yes Walgreens
27 Loan 11, 13, 19 1 Walgreens Palmview TX 435,518 1.50 1.49 10.7% 10.6% 7,600,000 As Is 3/30/2023 53.9% 53.9% 100.0% 3/6/2024 Yes Walgreens
28 Loan 19, 30 1 Best Western Plus Executive Inn 743,885 2.42 2.18 20.6% 18.6% 6,900,000 As Is 12/28/2023 57.9% 51.4% 70.4% 12/31/2023 NAP NAP
29 Loan 6, 14, 16, 32 2 Tennessee RV Park 553,267 1.66 1.65 14.5% 14.4% 5,925,000 As Is 12/18/2023 65.0% 65.0% 100.0% 1/8/2024    
29.01 Property   1 Will Evans Road Hidden Acres RV Park NAV         4,600,000 As Is 12/18/2023     100.0% 1/8/2024 NAP NAP
29.02 Property   1 Tibbs Road Hidden Acres RV Park NAV         1,325,000 As Is 12/18/2023     100.0% 1/8/2024 NAP NAP
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. 1,011,866 3.49 3.39 27.1% 26.3% 28,560,000 As Is 8/30/2023 13.5% 12.9%     NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. 1,086,530 4.73 4.63 31.3% 30.6% 17,600,000 As Is 6/27/2023 20.2% 20.2%     NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood 330,635 1.50 1.50 10.7% 10.7% 5,300,000 As Is 3/28/2023 58.5% 58.5% 100.0% 3/6/2024 Yes Walgreens
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. 1,488,202 7.50 7.44 50.0% 49.6% 47,500,000 As Is 4/17/2023 6.3% 6.3%     NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. 1,007,666 5.23 5.07 34.7% 33.6% 14,130,000 As Is 11/7/2023 21.2% 21.2%     NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. 3,215,692 14.82 14.77 113.4% 113.0% 82,800,000 As Is 11/20/2023 3.4% 3.0%     NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. 1,099,173 5.42 5.31 40.8% 40.0% 26,900,000 As Is 12/14/2023 10.2% 8.8%     NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. 1,711,122 8.66 8.51 64.5% 63.4% 43,700,000 As Is 11/8/2023 6.2% 5.9%     NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp. 3,015,452 16.06 15.90 114.9% 113.8% 58,000,000 As Is 12/27/2023 4.6% 3.9%     NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. 2,313,510 12.75 12.73 93.5% 93.3% 58,000,000 As Is 4/12/2023 4.3% 3.7%     NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. 885,676 5.21 5.13 39.7% 39.1% 14,900,000 As Is 11/28/2023 15.2% 13.1%     NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. 952,461 5.75 5.65 43.2% 42.4% 34,130,000 As Is 11/20/2023 6.6% 6.0%     NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  1,594,273 10.72 10.62 80.5% 79.7% 16,750,000 As Is 12/27/2023 11.9% 10.2%     NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. 1,361,346 9.09 9.03 68.6% 68.1% 40,600,000 As Is 1/3/2024 4.9% 4.2%     NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. 1,250,128 10.41 10.20 77.9% 76.3% 12,700,000 As Is 4/27/2023 12.9% 11.1%     NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. 539,724 4.69 4.60 36.7% 36.0% 9,950,000 As Is 10/31/2023 15.0% 13.1%     NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. 1,008,121 8.32 8.15 68.8% 67.4% 45,650,000 As Is 8/18/2023 3.3% 2.9%     NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. 324,995 2.72 2.66 22.2% 21.7% 10,100,000 As Is 6/7/2023 14.8% 13.0%     NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. 848,931 7.93 7.77 59.8% 58.5% 21,400,000 As Is 12/19/2023 6.8% 5.8%     NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. 1,158,894 6.10 5.98 89.5% 87.8% 35,600,000 As Is 8/10/2023 3.7% 0.0%     NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. 517,751 5.95 5.77 41.1% 39.9% 9,100,000 As Is 12/13/2023 14.3% 13.4%     NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. 834,781 8.03 7.87 65.8% 64.4% 6,380,000 As Is 10/13/2022 20.3% 17.9%     NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. 517,883 5.19 5.16 43.5% 43.2% 12,100,000 As Is 11/2/2023 9.9% 8.8%     NAP NAP

 

 A-6 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Largest Tenant SF   Largest Tenant % of NRA  Largest Tenant Lease Expiration Date Second Largest Tenant Second Largest Tenant SF Second Largest Tenant % of NRA Second Largest Tenant Lease Expiration Date Third Largest Tenant Third Largest Tenant SF Third Largest Tenant % of NRA Third Largest Tenant Lease Expiration Date Fourth Largest Tenant
                 4, 21, 22, 23, 28         4, 21, 22, 23, 28         4, 21, 22, 23, 28 
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 126,615 13.7% 1/31/2034 Lord & Taylor 79,872 8.6% 4/30/2045 DICK'S Sporting Goods 73,080 7.9% 1/31/2031 Round 1 Entertainment
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 184,420 16.0% 5/31/2033 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 zColo, LLC (DataBank)
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 86,584 8.1% 1/31/2027 At Home 78,284 7.4% 2/28/2033 Belk 65,927 6.2% 2/15/2025 Cinemark Theaters
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio                        
4.01 Property   1 8662 Main Street 262,324 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.02 Property   1 910 Vision Drive 205,000 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.03 Property   1 4700 South Westmoreland Road 136,209 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.04 Property   1 2110 Patterson Street 182,407 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.05 Property   1 26 Maple Avenue 126,126 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.06 Property   1 8720 US 70 Business Highway West 100,486 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.07 Property   1 1445 Timber Wolf Drive 63,588 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.08 Property   1 1060 State Highway 10 62,829 100.0% 1/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 13, 16 2 AHF Crossville Portfolio                        
6.01 Property   1 Porcelain Tile Drive 586,477 100.0% 3/31/2049 NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 Sweeney Drive 362,804 100.0% 3/31/2049 NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 547,331 28.2% 7/13/2115 Bass Pro Shops Outdoor 127,672 6.6% 10/3/2026 Cinemark Theatres 107,190 5.5% 12/31/2025 Burlington
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 101,909 18.8% 1/31/2026 Hobby Lobby 55,000 10.1% 5/31/2029 Gabe's 50,514 9.3% 2/28/2029 Marshalls-HomeGoods
9 Loan 19 1 Residence Inn Del Mar NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 16,464 6.4% 12/31/2024 Columbia Sportswear 13,806 5.4% 9/30/2027 Nike Factory Store 13,462 5.3% 3/31/2028 Scout Northwest Trading Co.
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 200,000 18.8% 3/2/2025 H&M 27,320 2.6% 1/31/2029 Peppa Pig World of Play 22,963 2.2% 12/31/2036 Zara
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 70,770 44.3% 2/28/2030 Nara Cuisine & Lounge 8,010 5.0% 5/31/2031 Ari Korean BBQ 7,638 4.8% 6/30/2027 Los Abuelos
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 116,620 100.0% 9/30/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 108,528 100.0% 9/30/2032 NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 360,000 100.0% 12/31/2038 NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 UOVO Livermore NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan   1 Texas Parkway Shopping Center 28,354 33.6% 9/30/2043 King Dollar 14,547 17.2% 11/30/2031 Family Dollar 10,069 11.9% 12/31/2028 C&R Fashion Beauty
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio                        
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart 15,003 100.0% 7/31/2038 NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso 10,200 100.0% 7/31/2038 NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte 7,519 100.0% 7/31/2038 NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville 7,855 100.0% 7/31/2038 NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 5, 19, 24 1 Nameoki Commons 31,874 20.5% 5/31/2033 Dollar Tree 21,412 13.8% 4/30/2034 Club Fitness (Pennmark) 6,000 3.9% 11/30/2033 Hibbett Sports
20 Loan 3, 16, 19, 28 1 Good Hotels Denver NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 6, 7, 19, 30 2 OPI Portfolio                        
21.01 Property   1 1 Primerica Parkway 344,476 100.0% 12/31/2035 NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.02 Property   1 701 Clay Avenue 138,608 100.0% 12/29/2035 NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 19 1 Sunrise Shopping Center 27,590 37.5% 8/31/2030 DaVita, Inc. 8,103 11.0% 10/23/2027 Family Dollar 8,000 10.9% 6/30/2026 Sherwin Williams
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 19 1 Polly's Country Market 49,836 100.0% 12/31/2044 NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 11, 13, 19 1 Walgreens Millbrook 14,820 100.0% 5/31/2083 NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 11, 13, 19 1 Walgreens Palmview TX 14,820 100.0% 9/30/2087 NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 19, 30 1 Best Western Plus Executive Inn NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 6, 14, 16, 32 2 Tennessee RV Park                        
29.01 Property   1 Will Evans Road Hidden Acres RV Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.02 Property   1 Tibbs Road Hidden Acres RV Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood 13,650 100.0% 7/31/2084 NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-7 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Fourth Largest Tenant SF Fourth Largest Tenant % of NRA Fourth Largest Tenant Lease Expiration Date Fifth Largest Tenant Fifth Largest Tenant SF Fifth Largest Tenant % of NRA Fifth Largest Tenant Lease Expiration Date Environmental Phase I Report Date Environmental Phase II Report Date Engineering Report Date Seismic Report Date PML or SEL (%) Flood Zone Ownership Interest Ground Lease Expiration Date Ground Lease Extension Terms
                 4, 21, 22, 23, 28                    17    
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 60,848 6.6% 2/28/2034 Primark 51,489 5.6% 8/31/2026 12/21/2023 NAP 12/20/2023 NAP NAP Yes - A Fee NAP NAP
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 57,840 5.0% 7/31/2032 Centurylink Communications 37,472 3.3% 9/30/2033 5/11/2023 NAP 5/11/2023 NAP NAP No Fee NAP NAP
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 60,560 5.7% 12/31/2025 Hobby Lobby  57,000 5.4% 2/28/2026 12/22/2023 NAP 12/22/2023 NAP NAP No Fee NAP NAP
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio                                
4.01 Property   1 8662 Main Street NAP NAP NAP NAP NAP NAP NAP 10/23/2023 NAP 10/20/2023 NAP NAP No Fee NAP NAP
4.02 Property   1 910 Vision Drive NAP NAP NAP NAP NAP NAP NAP 10/17/2023 NAP NAV NAP NAP No Fee NAP NAP
4.03 Property   1 4700 South Westmoreland Road NAP NAP NAP NAP NAP NAP NAP 10/23/2023 NAP 10/19/2023 NAP NAP No Fee NAP NAP
4.04 Property   1 2110 Patterson Street NAP NAP NAP NAP NAP NAP NAP 10/26/2023 NAP 10/26/2023 NAP NAP No Fee NAP NAP
4.05 Property   1 26 Maple Avenue NAP NAP NAP NAP NAP NAP NAP 10/16/2023 NAP 10/16/2023 NAP NAP No Fee NAP NAP
4.06 Property   1 8720 US 70 Business Highway West NAP NAP NAP NAP NAP NAP NAP 10/16/2023 NAP 10/16/2023 NAP NAP No Fee NAP NAP
4.07 Property   1 1445 Timber Wolf Drive NAP NAP NAP NAP NAP NAP NAP 10/17/2023 NAP 10/16/2023 NAP NAP No Fee NAP NAP
4.08 Property   1 1060 State Highway 10 NAP NAP NAP NAP NAP NAP NAP 10/23/2023 NAP 10/23/2023 NAP NAP No Fee NAP NAP
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments NAP NAP NAP NAP NAP NAP NAP 10/6/2023 NAP 10/6/2023 NAP NAP No Fee NAP NAP
6 Loan 6, 13, 16 2 AHF Crossville Portfolio                                
6.01 Property   1 Porcelain Tile Drive NAP NAP NAP NAP NAP NAP NAP 1/19/2024 NAP 12/22/2023 NAP NAP No Fee NAP NAP
6.02 Property   1 Sweeney Drive NAP NAP NAP NAP NAP NAP NAP 1/19/2024 NAP 12/22/2023 NAP NAP No Fee NAP NAP
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 81,282 4.2% 1/31/2026 Medieval Times 66,244 3.4% 8/31/2033 9/25/2023, 9/29/2023 NAP 9/8/2023 NAP NAP No Fee NAP NAP
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 45,518 8.4% 10/31/2029 O'Reilly Auto Parts 32,154 5.9% 12/31/2039 12/20/2023 NAP 12/4/2023 NAP NAP No Fee NAP NAP
9 Loan 19 1 Residence Inn Del Mar NAP NAP NAP NAP NAP NAP NAP 1/18/2024 NAP 1/22/2024 1/17/2024 8% No Fee NAP NAP
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 12,430 4.9% 2/28/2025 Eddie Bauer 10,785 4.2% MTM 1/10/2024 NAP 1/10/2024 1/10/2024 7% No Fee NAP NAP
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 21,759 2.0% 10/31/2028 Forever 21 21,628 2.0% 1/31/2026 11/7/2023 NAP 11/7/2023 NAP NAP No Fee NAP NAP
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 6,048 3.8% 9/30/2037 Masti - Indian Street Eats 4,518 2.8% 11/30/2028 1/16/2024 NAP 1/16/2024 NAP NAP No Fee NAP NAP
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs NAP NAP NAP NAP NAP NAP NAP 3/30/2023 NAP 6/6/2012 NAP NAP No Fee NAP NAP
14 Loan 11, 13, 19, 30 1 BJ's Mooresville NAP NAP NAP NAP NAP NAP NAP 2/26/2024 NAP 6/6/2012 NAP NAP No Fee NAP NAP
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial NAP NAP NAP NAP NAP NAP NAP 12/4/2023 NAP 2/21/2024 NAP NAP No Fee NAP NAP
16 Loan   1 UOVO Livermore NAP NAP NAP NAP NAP NAP NAP 1/11/2024 NAP 1/8/2024 1/10/2024 13% No Fee NAP NAP
17 Loan   1 Texas Parkway Shopping Center 4,788 5.7% 12/31/2033 God's Gift Inc. 2,393 2.8% 1/31/2029 11/30/2023 NAP 11/30/2023 NAP NAP No Fee NAP NAP
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio                                
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart NAP NAP NAP NAP NAP NAP NAP 10/24/2023 NAP 10/23/2023 NAP NAP No Fee NAP NAP
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso NAP NAP NAP NAP NAP NAP NAP 10/24/2023 NAP 10/23/2023 NAP NAP No Fee NAP NAP
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte NAP NAP NAP NAP NAP NAP NAP 10/24/2023 NAP 10/23/2023 NAP NAP No Fee NAP NAP
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville NAP NAP NAP NAP NAP NAP NAP 10/24/2023 NAP 10/23/2023 NAP NAP No Fee NAP NAP
19 Loan 5, 19, 24 1 Nameoki Commons 5,335 3.4% 1/31/2028 Don Chencho 4,800 3.1% 11/9/2030 8/18/2023 NAP 12/13/2023 NAP NAP No Fee NAP NAP
20 Loan 3, 16, 19, 28 1 Good Hotels Denver NAP NAP NAP NAP NAP NAP NAP 1/23/2024 NAP 1/23/2024 NAP NAP No Fee NAP NAP
21 Loan 6, 7, 19, 30 2 OPI Portfolio                                
21.01 Property   1 1 Primerica Parkway NAP NAP NAP NAP NAP NAP NAP 7/14/2023 NAP 5/16/2023 NAP NAP No Fee NAP NAP
21.02 Property   1 701 Clay Avenue NAP NAP NAP NAP NAP NAP NAP 7/14/2023 NAP 5/16/2023 NAP NAP Yes - AE Fee NAP NAP
22 Loan 19 1 Sunrise Shopping Center 4,760 6.5% 12/31/2027 McDonald's 4,367 5.9% 12/14/2034 2/7/2024 NAP 1/15/2024 NAP NAP No Fee NAP NAP
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP NAP NAP NAP NAP NAP 11/3/2023 NAP 11/6/2023 NAP NAP No Fee NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP NAP NAP NAP NAP NAP 8/31/2023 NAP 9/13/2023 NAP NAP No Fee NAP NAP
25 Loan 4, 19 1 Polly's Country Market NAP NAP NAP NAP NAP NAP NAP 1/25/2024 NAP 1/25/2024 NAP NAP No Fee NAP NAP
26 Loan 11, 13, 19 1 Walgreens Millbrook NAP NAP NAP NAP NAP NAP NAP 3/29/2023 NAP 2/16/2012 NAP NAP No Fee NAP NAP
27 Loan 11, 13, 19 1 Walgreens Palmview TX NAP NAP NAP NAP NAP NAP NAP 3/29/2023 NAP 11/9/2012 NAP NAP No Fee NAP NAP
28 Loan 19, 30 1 Best Western Plus Executive Inn NAP NAP NAP NAP NAP NAP NAP 12/28/2023 NAP 12/28/2023 NAP NAP No Fee NAP NAP
29 Loan 6, 14, 16, 32 2 Tennessee RV Park                                
29.01 Property   1 Will Evans Road Hidden Acres RV Park NAP NAP NAP NAP NAP NAP NAP 12/18/2023 NAP 12/15/2023 12/18/2023 16% No Fee NAP NAP
29.02 Property   1 Tibbs Road Hidden Acres RV Park NAP NAP NAP NAP NAP NAP NAP 12/18/2023 NAP 12/15/2023 12/18/2023 16% No Fee NAP NAP
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP NAP NAP NAP NAP NAP 9/14/2023 NAP 9/15/2023 NAP NAP No Fee NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP NAP NAP NAP NAP NAP 7/12/2023 NAP 7/14/2023 NAP NAP No Fee NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood NAP NAP NAP NAP NAP NAP NAP 3/31/2023 NAP 2/16/2012 NAP NAP Yes - AE Fee NAP NAP
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP NAP NAP NAP NAP NAP 4/24/2023 NAP 4/28/2023 NAP NAP No Fee NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP NAP NAP NAP NAP NAP 11/27/2023 NAP 11/27/2023 NAP NAP No Fee NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP NAP NAP NAP NAP NAP 11/29/2023 NAP 11/30/2023 NAP NAP No Fee NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP NAP NAP NAP NAP NAP 12/20/2023 NAP 12/22/2023 NAP NAP No Fee NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP NAP NAP NAP NAP NAP 11/13/2023 NAP 11/22/2023 NAP NAP No Fee NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP NAP NAP NAP NAP NAP 1/8/2024 NAP 1/9/2024 NAP NAP No Fee NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP NAP NAP NAP NAP NAP 4/21/2023 NAP 4/25/2023 NAP NAP No Fee NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP NAP NAP NAP NAP NAP 12/4/2023 NAP 12/4/2023 NAP NAP No Fee NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP 12/5/2023 NAP 12/4/2023 NAP NAP No Fee NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP NAP NAP NAP NAP NAP 12/28/2023 NAP 12/27/2023 NAP NAP No Fee NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP NAP NAP NAP NAP NAP 1/8/2024 NAP 1/10/2024 NAP NAP No Fee NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP NAP NAP NAP NAP NAP 5/9/2023 NAP 5/9/2023 NAP NAP No Fee NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP NAP NAP NAP NAP NAP 11/10/2023 NAP 11/13/2023 NAP NAP No Fee NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP 8/31/2023 NAP 8/31/2023 NAP NAP No Fee NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP NAP NAP NAP NAP NAP 6/23/2023 NAP 6/23/2023 NAP NAP No Fee NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP NAP NAP NAP NAP NAP 12/29/2023 NAP 12/29/2023 NAP NAP No Fee NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP NAP NAP NAP NAP NAP 8/25/2023 NAP 8/25/2023 NAP NAP No Fee NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP 12/15/2023 NAP 12/18/2023 NAP NAP No Fee NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP NAP NAP NAP NAP NAP 10/14/2022 NAP 10/14/2022 NAP NAP No Fee NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP 11/17/2023 NAP 11/20/2023 NAP NAP No Fee NAP NAP

 

 A-8 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Annual Ground Lease Payment as of the Cut-off Date ($) Annual Ground Rent Increases (Y/N) Upfront RE Tax Reserve ($) Monthly RE Tax Reserve ($) Upfront Insurance Reserve ($) Monthly Insurance Reserve ($)  Upfront Replacement / PIP Reserve ($)  Monthly Replacement / FF&E Reserve ($) Replacement Reserve Caps ($)  Upfront TI/LC Reserve ($)  Monthly TI/LC Reserve ($) TI/LC Caps ($)  Upfront Debt Service Reserve ($)  Monthly Debt Service Reserve ($) Debt Service Reserve Cap ($)
              18 19 18 19 18 19 20 18 19 20 18 19 20
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall  NAP  NAP 0 Springing 0 Springing 0 Springing 0 0 Springing 0 0 0 0
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson  NAP  NAP 7,089,987 1,772,497 0 Springing 0 Springing 0 0 Springing 0 0 0 0
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion  NAP  NAP 371,270 74,254 90,435 30,145 6,770,048 Springing 250,000 5,000,000 Springing 2,000,000 0 0 0
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio      0 Springing 0 Springing 0 Springing 512,536 0 Springing 3,416,907 0 0 0
4.01 Property   1 8662 Main Street  NAP  NAP                          
4.02 Property   1 910 Vision Drive  NAP  NAP                          
4.03 Property   1 4700 South Westmoreland Road  NAP  NAP                          
4.04 Property   1 2110 Patterson Street  NAP  NAP                          
4.05 Property   1 26 Maple Avenue  NAP  NAP                          
4.06 Property   1 8720 US 70 Business Highway West  NAP  NAP                          
4.07 Property   1 1445 Timber Wolf Drive  NAP  NAP                          
4.08 Property   1 1060 State Highway 10  NAP  NAP                          
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments  NAP  NAP 1,318,059 329,515 216,815 30,974 0 15,203 0 0 Springing 0 0 0 0
6 Loan 6, 13, 16 2 AHF Crossville Portfolio      0 Springing 0 Springing 0 Springing 0 0 0 0 0 0 0
6.01 Property   1 Porcelain Tile Drive  NAP  NAP                          
6.02 Property   1 Sweeney Drive  NAP  NAP                          
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace  NAP  NAP 0 Springing 0 Springing 0 Springing 0 0 231,942 5,566,608 0 0 0
8 Loan 5, 19, 23, 30 1 Monroe Street Retail  NAP  NAP 177,479 118,319 0 Springing 500,000 6,792 0 1,000,000 Springing 1,000,000 0 0 0
9 Loan 19 1 Residence Inn Del Mar  NAP  NAP 0 Springing 0 Springing 0 Springing 0 0 0 0 0 0 0
10 Loan 10, 19, 21 1 Lincoln City Outlet Center  NAP  NAP 0 58,172 24,585 Springing 0 4,473 0 250,000 42,601 1,500,000 0 0 0
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall  NAP  NAP 0 Springing 0 Springing 0 Springing 0 0 Springing 0 0 0 0
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing  NAP  NAP 111,465 27,866 86,238 8,624 0 2,128 0 7,500 6,649 500,000 0 0 0
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
14 Loan 11, 13, 19, 30 1 BJ's Mooresville  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial  NAP  NAP 4,789 1,596 38,801 Springing 0 3,000 0 0 Springing 0 0 0 0
16 Loan   1 UOVO Livermore  NAP  NAP 0 6,051 0 Springing 0 Springing 0 0 0 0 0 0 0
17 Loan   1 Texas Parkway Shopping Center  NAP  NAP 32,239 10,234 38,610 9,193 0 703 0 0 2,811 0 0 0 0
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio      0 Springing 0 Springing 0 Springing 0 0 Springing 0 0 0 0
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart  NAP  NAP                          
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso  NAP  NAP                          
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte  NAP  NAP                          
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville  NAP  NAP                          
19 Loan 5, 19, 24 1 Nameoki Commons  NAP  NAP 102,736 23,563 26,936 Springing 0 3,234 0 246,438 19,407 0 0 0 0
20 Loan 3, 16, 19, 28 1 Good Hotels Denver  NAP  NAP 52,080 11,322 25,338 2,946 0 6,931 0 0 3,363 0 0 0 0
21 Loan 6, 7, 19, 30 2 OPI Portfolio      0 Springing 791 Springing 0 Springing 0 0 Springing 2,173,883 0 0 0
21.01 Property   1 1 Primerica Parkway  NAP  NAP                          
21.02 Property   1 701 Clay Avenue  NAP  NAP                          
22 Loan 19 1 Sunrise Shopping Center  NAP  NAP 106,125 17,687 24,587 2,049 0 919 0 0 6,128 250,000 0 0 0
23 Loan 5, 13, 16, 30 1 NB Owners Corp.  NAP  NAP 114,353 38,118 0 Springing 1,500,000 0 0 0 0 0 0 0 0
24 Loan 5, 16, 30 1 3095 Owners Corp.  NAP  NAP 35,992 35,992 0 Springing 1,600,000 0 0 0 0 0 0 0 0
25 Loan 4, 19 1 Polly's Country Market  NAP  NAP 16,323 13,714 1,433 1,433 0 623 0 0 2,077 0 0 0 0
26 Loan 11, 13, 19 1 Walgreens Millbrook  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
27 Loan 11, 13, 19 1 Walgreens Palmview TX  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
28 Loan 19, 30 1 Best Western Plus Executive Inn  NAP  NAP 29,050 3,093 0 2,251 0 6,741 0 0 0 0 0 0 0
29 Loan 6, 14, 16, 32 2 Tennessee RV Park      2,434 406 3,324 Springing 0 378 0 0 0 0 0 0 0
29.01 Property   1 Will Evans Road Hidden Acres RV Park  NAP  NAP                          
29.02 Property   1 Tibbs Road Hidden Acres RV Park  NAP  NAP                          
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc.  NAP  NAP 77,250 25,750 0 Springing 0 0 0 0 0 0 0 0 0
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc.  NAP  NAP 34,500 17,250 0 Springing 496,038 0 0 0 0 0 0 0 0
32 Loan 11, 13, 19 1 Walgreens Greenwood  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
33 Loan 5, 16, 30 1 839 West End Avenue, Inc.  NAP  NAP 51,488 25,744 0 Springing 500,000 0 0 0 0 0 0 0 0
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc.  NAP  NAP 29,000 9,000 0 Springing 750,000 0 0 0 0 0 0 0 0
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc.  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp.  NAP  NAP 58,500 19,500 0 Springing 0 0 0 0 0 0 0 0 0
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc.  NAP  NAP 31,658 31,658 0 Springing 350,000 0 0 0 0 0 0 0 0
38 Loan 5, 13, 16, 30 1 Centrentset Corp.  NAP  NAP 232,833 58,208 0 Springing 476,841 0 0 0 0 0 0 0 0
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp.  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp.  NAP  NAP 0 Springing 0 Springing 156,250 0 0 0 0 0 0 0 0
41 Loan 5, 13, 16, 30 1 536 Owners Ltd.  NAP  NAP 82,896 27,632 0 Springing 0 0 0 0 0 0 0 0 0
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.   NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp.  NAP  NAP 0 Springing 0 Springing 0 0 0 0 0 0 0 0 0
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc.  NAP  NAP 126,500 20,000 0 Springing 0 0 0 0 0 0 0 0 0
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp.  NAP  NAP 46,854 10,278 0 Springing 200,000 0 0 0 0 0 0 0 0
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd.  NAP  NAP 64,500 21,500 0 Springing 0 0 0 0 0 0 0 0 0
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp.  NAP  NAP 14,464 7,232 0 Springing 1,025,000 0 0 0 0 0 0 0 0
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc.  NAP  NAP 25,750 25,750 0 Springing 0 0 0 0 0 0 0 0 0
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp.  NAP  NAP 129,000 43,000 0 Springing 0 0 0 0 0 0 0 0 0
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc.  NAP  NAP 36,675 8,725 0 Springing 0 0 0 0 0 0 0 0 0
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp.  NAP  NAP 52,750 12,375 0 Springing 0 0 0 0 0 0 0 0 0
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc.  NAP  NAP 0 Springing 0 Springing 179,363 0 0 0 0 0 0 0 0

 

 A-9 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name  Upfront Deferred Maintenance Reserve ($)  Upfront Other Reserve ($) Monthly Other Reserve ($)  Other Reserve Description 
          18 18 19  
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 0 4,103,258 0 Outstanding TI/LC Obligations ($3,460,293); Gap Rent Reserve ($642,965.09)
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 0 0 0  
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 0 40,000 0 Outstanding TI/LC Reserve
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio 0 3,750,784 0 Van Wert Property Reserve
4.01 Property   1 8662 Main Street        
4.02 Property   1 910 Vision Drive        
4.03 Property   1 4700 South Westmoreland Road        
4.04 Property   1 2110 Patterson Street        
4.05 Property   1 26 Maple Avenue        
4.06 Property   1 8720 US 70 Business Highway West        
4.07 Property   1 1445 Timber Wolf Drive        
4.08 Property   1 1060 State Highway 10        
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 106,250 6,644,232 0 Sonder Base Rent Reserve ($3,624,131), Sonder Gap Rent Reserve ($1,812,061), Sonder Free Rent Reserve ($1,208,040)
6 Loan 6, 13, 16 2 AHF Crossville Portfolio 0 0 0  
6.01 Property   1 Porcelain Tile Drive        
6.02 Property   1 Sweeney Drive        
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 0 4,384,369 0 Outstanding TI/LC Reserve ($3,796,478), Gap Rent Reserve ($587,891)
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 0 1,246,952 0 Rent Concession Reserve ($533,332.82), Existing TI/LC Reserve ($713,619.16)
9 Loan 19 1 Residence Inn Del Mar 0 0 Springing PIP Reserve Funds, Custodial Funds and Hotel Tax Funds, Refundable Advance Payments Funds
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 0 544,562 0 Unfunded Obligations Reserve
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 0 7,299,496 0 Outstanding TI/LC Reserve ($6,460,707), Gap Rent Reserve ($838,789.17)
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 324,503 173,939 0 Free Rent Reserve
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 0 0 0  
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 0 0 0  
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 0 0 0  
16 Loan   1 UOVO Livermore 14,552 0 0  
17 Loan   1 Texas Parkway Shopping Center 183,125 0 0  
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio 82,316 2,700 Springing Condominium Assessments Reserve
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart        
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso        
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte        
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville        
19 Loan 5, 19, 24 1 Nameoki Commons 318,328 109,129 Springing Rent Concession Reserve (Upfront: $109,128.65), Material Tenant Funds Reserve (Monthly: Springing)
20 Loan 3, 16, 19, 28 1 Good Hotels Denver 0 0 Springing; Various PIP Reserve (Monthly: Springing); Parcel Agreement Excess Cash Funds (Monthly: Springing); Surplus Cash Flow Funds (Monthly: Various)
21 Loan 6, 7, 19, 30 2 OPI Portfolio 11,550 11,674,256 Springing 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)
21.01 Property   1 1 Primerica Parkway        
21.02 Property   1 701 Clay Avenue        
22 Loan 19 1 Sunrise Shopping Center 9,375 955,000 Springing Global Food of Oxenhill Inc. Reserve (Upfront: $500,000), Roof Reserve (Upfront: $455,000); Anchor Tenant TI/LC Reserve (Monthly: Springing)
23 Loan 5, 13, 16, 30 1 NB Owners Corp. 0 0 0  
24 Loan 5, 16, 30 1 3095 Owners Corp. 0 50,000 0 Collateral Security Agreement For Litigation
25 Loan 4, 19 1 Polly's Country Market 175,000 0 0  
26 Loan 11, 13, 19 1 Walgreens Millbrook 0 0 0  
27 Loan 11, 13, 19 1 Walgreens Palmview TX 0 0 0  
28 Loan 19, 30 1 Best Western Plus Executive Inn 0 0 Springing PIP Reserve
29 Loan 6, 14, 16, 32 2 Tennessee RV Park 0 0 0  
29.01 Property   1 Will Evans Road Hidden Acres RV Park        
29.02 Property   1 Tibbs Road Hidden Acres RV Park        
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. 0 0 0  
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. 93,608 90,000 0 Collateral Security Agreement Re: Maintenance Arrears
32 Loan 11, 13, 19 1 Walgreens Greenwood 0 0 0  
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. 80,019 60,000 0 Collateral Security Agreement Re: Maintenance Arrears
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. 0 100,000 0 Collateral Security Agreement Re: Maintenance Arrears
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. 0 0 0  
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. 0 0 0  
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. 0 0 0  
38 Loan 5, 13, 16, 30 1 Centrentset Corp. 0 0 0  
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. 0 35,000 0 Collateral Security Agreement For Litigation
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. 0 0 0  
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. 0 0 0  
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  0 0 0  
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. 0 0 0  
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. 0 60,000 0 Collateral Security Agreement Re: Maintenance Arrears
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. 0 0 0  
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. 0 0 0  
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. 0 250,000 0 Collateral Security Agreement Re: Maintenance Arrears
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. 0 0 0  
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. 0 0 0  
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. 0 0 0  
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. 0 50,000 0 Collateral Security Agreement Re: Maintenance Arrears
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. 0 0 0  

 

 A-10 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Other Reserve Cap ($) Holdback/ Earnout Amount ($) Holdback/ Earnout Description Lockbox Type Cash Management Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)  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 ($)
          20     26 26          
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 0 NAP NAP Soft Springing Yes No Yes Yes 68,000,000
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 0 NAP NAP Hard In Place Yes No Yes No 65,000,000
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 0 NAP NAP Hard Springing Yes Yes Yes Yes 65,000,000
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio 0 NAP NAP Hard Springing Yes Yes No NAP NAP
4.01 Property   1 8662 Main Street                    
4.02 Property   1 910 Vision Drive                    
4.03 Property   1 4700 South Westmoreland Road                    
4.04 Property   1 2110 Patterson Street                    
4.05 Property   1 26 Maple Avenue                    
4.06 Property   1 8720 US 70 Business Highway West                    
4.07 Property   1 1445 Timber Wolf Drive                    
4.08 Property   1 1060 State Highway 10                    
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 0 NAP NAP Springing Springing Yes Yes Yes No 58,000,000
6 Loan 6, 13, 16 2 AHF Crossville Portfolio 0 NAP NAP Hard Springing Yes Yes No NAP NAP
6.01 Property   1 Porcelain Tile Drive                    
6.02 Property   1 Sweeney Drive                    
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 0 NAP NAP Hard Springing Yes Yes Yes No 35,000,000
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 0 NAP NAP Springing Springing Yes Yes No NAP NAP
9 Loan 19 1 Residence Inn Del Mar 0 NAP NAP Springing Springing Yes No No NAP NAP
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 0 NAP NAP Hard Springing Yes No No NAP NAP
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 0 NAP NAP Hard Springing Yes No Yes No 20,000,000
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 0 NAP NAP Springing Springing No Yes Yes Yes 19,850,000
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 0 NAP NAP Hard In Place No Yes No NAP NAP
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 0 NAP NAP Hard In Place No Yes No NAP NAP
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 0 NAP NAP Hard Springing Yes Yes No NAP NAP
16 Loan   1 UOVO Livermore 0 NAP NAP Soft Springing Yes No No NAP NAP
17 Loan   1 Texas Parkway Shopping Center 0 NAP NAP Springing Springing Yes Yes No NAP NAP
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio 0 NAP NAP Hard Springing Yes Yes No NAP NAP
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart                    
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso                    
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte                    
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville                    
19 Loan 5, 19, 24 1 Nameoki Commons 0 NAP NAP Hard Springing Yes Yes No NAP NAP
20 Loan 3, 16, 19, 28 1 Good Hotels Denver 0 NAP NAP Hard In Place Yes No No NAP NAP
21 Loan 6, 7, 19, 30 2 OPI Portfolio Material Tenant Funds Reserve (12 months of Monthly Material Tenant Deposits) NAP NAP Hard Springing Yes Yes Yes No 6,300,000
21.01 Property   1 1 Primerica Parkway                    
21.02 Property   1 701 Clay Avenue                    
22 Loan 19 1 Sunrise Shopping Center 500,000 NAP NAP Springing Springing Yes Yes No NAP NAP
23 Loan 5, 13, 16, 30 1 NB Owners Corp. 0 NAP NAP None None No No No NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. 0 NAP NAP None None No No No NAP NAP
25 Loan 4, 19 1 Polly's Country Market 0 NAP NAP Springing Springing Yes Yes No NAP NAP
26 Loan 11, 13, 19 1 Walgreens Millbrook 0 NAP NAP Hard In Place No Yes No NAP NAP
27 Loan 11, 13, 19 1 Walgreens Palmview TX 0 NAP NAP Hard In Place No Yes No NAP NAP
28 Loan 19, 30 1 Best Western Plus Executive Inn 0 NAP NAP Springing Springing Yes No No NAP NAP
29 Loan 6, 14, 16, 32 2 Tennessee RV Park 0 NAP NAP Hard Springing Yes No No NAP NAP
29.01 Property   1 Will Evans Road Hidden Acres RV Park                    
29.02 Property   1 Tibbs Road Hidden Acres RV Park                    
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. 0 NAP NAP None None No No No NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. 0 NAP NAP None None No No No NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood 0 NAP NAP Hard In Place No Yes No NAP NAP
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. 0 NAP NAP None None No No No NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. 0 NAP NAP None None No No No NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. 0 NAP NAP None None No No No NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. 0 NAP NAP None None No No No NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. 0 NAP NAP None None No No No NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp. 0 NAP NAP None None No No No NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. 0 NAP NAP None None No No No NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. 0 NAP NAP None None No No No NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. 0 NAP NAP None None No No No NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  0 NAP NAP None None No No No NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. 0 NAP NAP None None No No No NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. 0 NAP NAP None None No No No NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. 0 NAP NAP None None No No No NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. 0 NAP NAP None None No No No NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. 0 NAP NAP None None No No No NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. 0 NAP NAP None None No No No NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. 0 NAP NAP None None No No No NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. 0 NAP NAP None None No No No NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. 0 NAP NAP None None No No No NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. 0 NAP NAP None None No No No NAP NAP

 

 A-11 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($) Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($) Subordinate Companion Loan Cut-off Date Balance ($) Subordinate Companion Loan Interest Rate Whole Loan Cut-off Date Balance ($) Whole Loan Monthly Debt Service ($) Whole Loan Cut-off Date LTV Ratio (%) Whole Loan Underwritten NCF DSCR (x) Whole Loan Underwritten NOI Debt Yield (%)
            9 9 13 13   9      
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 87,000,000 543,392.88 968,113.76 NAP NAP 155,000,000 968,113.76 41.8% 2.52 19.4%
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 215,000,000 1,069,040.22 1,392,238.43 NAP NAP 280,000,000 1,392,238.43 17.5% 3.92 24.2%
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 29,125,000 171,172.75 553,189.18 NAP NAP 94,125,000 553,189.18 64.4% 1.60 11.3%
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.01 Property   1 8662 Main Street                    
4.02 Property   1 910 Vision Drive                    
4.03 Property   1 4700 South Westmoreland Road                    
4.04 Property   1 2110 Patterson Street                    
4.05 Property   1 26 Maple Avenue                    
4.06 Property   1 8720 US 70 Business Highway West                    
4.07 Property   1 1445 Timber Wolf Drive                    
4.08 Property   1 1060 State Highway 10                    
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 78,000,000 453,411.11 790,562.96 NAP NAP 136,000,000 790,562.96 53.0% 1.37 9.8%
6 Loan 6, 13, 16 2 AHF Crossville Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Porcelain Tile Drive                    
6.02 Property   1 Sweeney Drive                    
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 325,000,000 2,114,655.38 2,342,387.50 NAP NAP 360,000,000 2,342,387.50 41.4% 1.98 16.1%
8 Loan 5, 19, 23, 30 1 Monroe Street Retail NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 19 1 Residence Inn Del Mar NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
10 Loan 10, 19, 21 1 Lincoln City Outlet Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 244,000,000 1,306,090.34 1,413,146.93 30,000,000 10.01625% 294,000,000 1,667,031.04 42.4% 2.05 14.3%
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 7,000,000 43,115.63 165,379.22 NAP NAP 26,850,000 165,379.22 63.9% 1.38 10.6%
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 11, 13, 19, 30 1 BJ's Mooresville NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 UOVO Livermore NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan   1 Texas Parkway Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart                    
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso                    
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte                    
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville                    
19 Loan 5, 19, 24 1 Nameoki Commons NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 3, 16, 19, 28 1 Good Hotels Denver NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21 Loan 6, 7, 19, 30 2 OPI Portfolio 48,000,000 311,101.67 351,933.76 NAP NAP 54,300,000 351,933.76 48.4% 1.75 13.8%
21.01 Property   1 1 Primerica Parkway                    
21.02 Property   1 701 Clay Avenue                    
22 Loan 19 1 Sunrise Shopping Center NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP NAP 0 Greater of (A) 5.75% or (B) Prime Rate+0.25% 5,546,732 32,952.99 14.6% 3.22 23.6%
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 19 1 Polly's Country Market NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 11, 13, 19 1 Walgreens Millbrook NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 11, 13, 19 1 Walgreens Palmview TX NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 19, 30 1 Best Western Plus Executive Inn NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29 Loan 6, 14, 16, 32 2 Tennessee RV Park NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.01 Property   1 Will Evans Road Hidden Acres RV Park                    
29.02 Property   1 Tibbs Road Hidden Acres RV Park                    
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate 4,345,404 28,444.25 15.2% 2.96 24.0%
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP NAP 0 Greater of (A) 4.50% or (B) Prime Rate 4,150,000 23,865.26 23.6% 3.79 26.7%
32 Loan 11, 13, 19 1 Walgreens Greenwood NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP NAP 0 Greater of (A) 5.00% or (B) Prime Rate 3,500,000 20,167.94 24.8% 4.16 29.7%
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP NAP 0 Greater of (A) 5.95% or (B) Prime Rate 2,996,989 19,050.90 11.1% 4.81 37.4%
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP NAP 0 Greater of (A) 6.25% or (B) Prime Rate+0.25% 2,897,421 18,237.63 6.6% 7.82 60.1%
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate+0.25% 3,000,000 18,390.53 5.2% 13.66 101.5%
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 2,497,523 15,854.58 7.3% 5.01 38.9%
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 2,500,000 16,100.98 14.9% 8.25 64.4%
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 2,497,813 16,153.41 6.2% 7.02 54.8%
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP NAP 0 Greater of (A) 4.50% or (B) Prime Rate 2,138,549 13,803.91 16.8% 7.55 59.7%
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 1,670,652 11,560.76 3.7% 7.27 61.6%
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 1,694,619 11,608.01 16.8% 2.33 19.6%
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP NAP 0 Greater of (A) 5.75% or (B) Prime Rate+0.25% 1,519,956 17,630.44 4.3% 5.48 77.7%
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 1,474,177 8,729.25 16.2% 4.94 36.2%
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP NAP 0 Greater of (A) 5.75% or (B) Prime Rate+0.25% 1,420,370 9,765.97 22.3% 7.12 60.0%
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP NAP 0 Greater of (A) 5.50% or (B) Prime Rate 1,498,204 10,520.45 12.4% 4.10 34.8%

 

 A-12 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Mezzanine Debt Cut-off Date Balance($) Mezzanine Debt Interest Rate (%) Total Debt Cut-off Date Balance ($) Total Debt Monthly Debt Service ($) Total Debt Cut-off Date LTV Ratio (%) Total Debt Underwritten NCF DSCR (x) Total Debt Underwritten NOI Debt Yield (%) Future Additional Debt Permitted (Y/N) Future Debt Permitted Type
                9       13 13
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall NAP NAP NAP NAP NAP NAP NAP No NAP
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP NAP NAP NAP NAP NAP NAP No NAP
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion NAP NAP NAP NAP NAP NAP NAP No NAP
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio NAP NAP NAP NAP NAP NAP NAP No NAP
4.01 Property   1 8662 Main Street                  
4.02 Property   1 910 Vision Drive                  
4.03 Property   1 4700 South Westmoreland Road                  
4.04 Property   1 2110 Patterson Street                  
4.05 Property   1 26 Maple Avenue                  
4.06 Property   1 8720 US 70 Business Highway West                  
4.07 Property   1 1445 Timber Wolf Drive                  
4.08 Property   1 1060 State Highway 10                  
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments NAP NAP NAP NAP NAP NAP NAP No NAP
6 Loan 6, 13, 16 2 AHF Crossville Portfolio NAP NAP NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
6.01 Property   1 Porcelain Tile Drive                  
6.02 Property   1 Sweeney Drive                  
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace NAP NAP NAP NAP NAP NAP NAP No NAP
8 Loan 5, 19, 23, 30 1 Monroe Street Retail NAP NAP NAP NAP NAP NAP NAP No NAP
9 Loan 19 1 Residence Inn Del Mar NAP NAP NAP NAP NAP NAP NAP No NAP
10 Loan 10, 19, 21 1 Lincoln City Outlet Center NAP NAP NAP NAP NAP NAP NAP No NAP
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP NAP NAP NAP NAP NAP NAP No NAP
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing NAP NAP NAP NAP NAP NAP NAP No NAP
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs NAP NAP NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
14 Loan 11, 13, 19, 30 1 BJ's Mooresville NAP NAP NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial NAP NAP NAP NAP NAP NAP NAP No NAP
16 Loan   1 UOVO Livermore NAP NAP NAP NAP NAP NAP NAP No NAP
17 Loan   1 Texas Parkway Shopping Center NAP NAP NAP NAP NAP NAP NAP No NAP
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio NAP NAP NAP NAP NAP NAP NAP No NAP
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart                  
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso                  
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte                  
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville                  
19 Loan 5, 19, 24 1 Nameoki Commons NAP NAP NAP NAP NAP NAP NAP No NAP
20 Loan 3, 16, 19, 28 1 Good Hotels Denver NAP NAP NAP NAP NAP NAP NAP No NAP
21 Loan 6, 7, 19, 30 2 OPI Portfolio NAP NAP NAP NAP NAP NAP NAP No NAP
21.01 Property   1 1 Primerica Parkway                  
21.02 Property   1 701 Clay Avenue                  
22 Loan 19 1 Sunrise Shopping Center NAP NAP NAP NAP NAP NAP NAP No NAP
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$500,000
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
25 Loan 4, 19 1 Polly's Country Market NAP NAP NAP NAP NAP NAP NAP No NAP
26 Loan 11, 13, 19 1 Walgreens Millbrook NAP NAP NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
27 Loan 11, 13, 19 1 Walgreens Palmview TX NAP NAP NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
28 Loan 19, 30 1 Best Western Plus Executive Inn NAP NAP NAP NAP NAP NAP NAP No NAP
29 Loan 6, 14, 16, 32 2 Tennessee RV Park NAP NAP NAP NAP NAP NAP NAP No NAP
29.01 Property   1 Will Evans Road Hidden Acres RV Park                  
29.02 Property   1 Tibbs Road Hidden Acres RV Park                  
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$400,000
32 Loan 11, 13, 19 1 Walgreens Greenwood NAP NAP NAP NAP NAP NAP NAP Yes Future Mezzanine Loan
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$250,000
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$500,000
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$250,000
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$250,000
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$250,000
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$250,000
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$50,000
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP NAP NAP NAP NAP NAP Yes Unsecured allowed but requires Lender Consent if >$400,000

 

 A-13 

 

BMO 2024-C8

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, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall The Macerich Partnership, L.P. The Macerich Partnership, L.P.
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson The Stahl Organization NAP
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion Dr. Hardam S. Azad Dr. Hardam S. Azad and Kathleen D. Miles
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio U.S. Realty Advisors, LLC USRA Net Lease IV Capital Corp.
4.01 Property   1 8662 Main Street    
4.02 Property   1 910 Vision Drive    
4.03 Property   1 4700 South Westmoreland Road    
4.04 Property   1 2110 Patterson Street    
4.05 Property   1 26 Maple Avenue    
4.06 Property   1 8720 US 70 Business Highway West    
4.07 Property   1 1445 Timber Wolf Drive    
4.08 Property   1 1060 State Highway 10    
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments William O'Kane and Karen O'Kane William O'Kane and Karen O'Kane
6 Loan 6, 13, 16 2 AHF Crossville Portfolio Angelo, Gordon & Co., L.P. and TPG, Inc. AG Net Lease IV Corp., AG Net Lease IV (Q) Corp. and AG Net Lease Realty Fund IV Investments (H-1), L.P.
6.01 Property   1 Porcelain Tile Drive    
6.02 Property   1 Sweeney Drive    
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace Simon Property Group, L.P. Simon Property Group, L.P.
8 Loan 5, 19, 23, 30 1 Monroe Street Retail Robert V. Gothier, Jr. and Mark X. DiSanto Robert V. Gothier, Jr. and Mark X. DiSanto
9 Loan 19 1 Residence Inn Del Mar Joseph F. Oliver III Joseph F. Oliver III
10 Loan 10, 19, 21 1 Lincoln City Outlet Center Horizon Group Properties, Inc. Horizon Group Properties, Inc.
11 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.
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing Avram Glazer Hamilton TFC LLC
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC
14 Loan 11, 13, 19, 30 1 BJ's Mooresville Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial David Dedvukaj David Dedvukaj
16 Loan   1 UOVO Livermore Steven J. Guttman Steven J. Guttman
17 Loan   1 Texas Parkway Shopping Center Jack Terzi and JT Family Future Holdings Jack Terzi and JT Family Future Holdings
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio Healthcare Trust Operating Partnership, L.P. Healthcare Trust Operating Partnership, L.P.
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart    
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso    
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte    
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville    
19 Loan 5, 19, 24 1 Nameoki Commons Dean Cafiero and Robert A. Sichelstiel Dean Cafiero and Robert A. Sichelstiel
20 Loan 3, 16, 19, 28 1 Good Hotels Denver Thierry Rignol Thierry Rignol
21 Loan 6, 7, 19, 30 2 OPI Portfolio Office Properties Income Trust Office Properties Income Trust
21.01 Property   1 1 Primerica Parkway    
21.02 Property   1 701 Clay Avenue    
22 Loan 19 1 Sunrise Shopping Center Larry M. Spott Larry M. Spott
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP
25 Loan 4, 19 1 Polly's Country Market Colin Khan and Amy Khan Colin Khan and Amy Khan
26 Loan 11, 13, 19 1 Walgreens Millbrook Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC
27 Loan 11, 13, 19 1 Walgreens Palmview TX Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC
28 Loan 19, 30 1 Best Western Plus Executive Inn Anuj G. Patel Anuj G. Patel and Nira Patel
29 Loan 6, 14, 16, 32 2 Tennessee RV Park Gabriel C. Dean, Bethny N. Dean, David P. Dean, Ryan C. Wilson, Mickey J. Miller, Mitchell J. Miller and Bradley Jones Gabriel C. Dean, Bethny N. Dean, David P. Dean, Ryan C. Wilson, Mickey J. Miller, Mitchell J. Miller and Bradley Jones
29.01 Property   1 Will Evans Road Hidden Acres RV Park    
29.02 Property   1 Tibbs Road Hidden Acres RV Park    
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood Ladder Capital CRE Equity LLC Ladder Capital CRE Equity LLC
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP

 

 A-14 

 

BMO 2024-C8

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 ($) Uses: Loan Payoff ($) Uses: Purchase Price ($) Uses: Closing Costs ($) Uses: Reserves ($)
            32   29                  
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall No No Refinance No 155,000,000 0 0 0 155,000,000 116,946,803 0 3,243,816 4,103,258
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson No No Refinance No 280,000,000 3,678,608 0 0 283,678,608 274,771,150 0 1,817,471 7,089,987
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion No Yes Acquisition No 94,125,000 34,802,040 0 0 128,927,040 0 115,403,062 1,252,225 12,271,753
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio No No Acquisition   58,410,000 26,395,701 0 0 84,805,701 0 79,486,404 1,568,513 3,750,784
4.01 Property   1 8662 Main Street       No                  
4.02 Property   1 910 Vision Drive       No                  
4.03 Property   1 4700 South Westmoreland Road       No                  
4.04 Property   1 2110 Patterson Street       No                  
4.05 Property   1 26 Maple Avenue       No                  
4.06 Property   1 8720 US 70 Business Highway West       No                  
4.07 Property   1 1445 Timber Wolf Drive       No                  
4.08 Property   1 1060 State Highway 10       No                  
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments No No Refinance No 136,000,000 22,164,897 0 6,644,232 164,809,129 153,800,522 0 2,723,251 8,285,356
6 Loan 6, 13, 16 2 AHF Crossville Portfolio No No Acquisition   37,300,000 24,744,287 0 855,627 62,899,913 0 61,425,000 1,474,913 0
6.01 Property   1 Porcelain Tile Drive       No                  
6.02 Property   1 Sweeney Drive       No                  
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace No No Refinance No 360,000,000 32,236,503 0 0 392,236,503 384,870,923 0 2,981,210 4,384,369
8 Loan 5, 19, 23, 30 1 Monroe Street Retail No No Acquisition No 34,500,000 19,044,737 0 2,746,952 56,291,689 0 51,500,000 910,260 3,881,430
9 Loan 19 1 Residence Inn Del Mar No No Refinance No 25,000,000 0 0 0 25,000,000 18,573,424 0 172,693 0
10 Loan 10, 19, 21 1 Lincoln City Outlet Center No No Acquisition No 23,162,500 13,291,819 0 615,357 37,069,676 0 35,250,000 1,000,529 819,147
11 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 0 1,963,843 7,299,496
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing No No Refinance No 26,850,000 1,007,915 0 0 27,857,915 26,579,322 0 574,949 703,644
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs No No Refinance No 15,500,000 0 0 0 15,500,000 15,288,572 0 211,428 0
14 Loan 11, 13, 19, 30 1 BJ's Mooresville No No Refinance No 13,500,000 0 0 0 13,500,000 13,469,077 0 30,923 0
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial No No Refinance No 12,000,000 0 0 0 12,000,000 8,553,949 0 841,014 125,466
16 Loan   1 UOVO Livermore No No Refinance No                  
17 Loan   1 Texas Parkway Shopping Center No No Refinance No                  
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio No No Acquisition                    
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart       No                  
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso       No                  
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte       No                  
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville       No                  
19 Loan 5, 19, 24 1 Nameoki Commons No No Acquisition No                  
20 Loan 3, 16, 19, 28 1 Good Hotels Denver No No Refinance No                  
21 Loan 6, 7, 19, 30 2 OPI Portfolio No No Recapitalization                    
21.01 Property   1 1 Primerica Parkway       No                  
21.02 Property   1 701 Clay Avenue       No                  
22 Loan 19 1 Sunrise Shopping Center No No Refinance No                  
23 Loan 5, 13, 16, 30 1 NB Owners Corp. No No Refinance No                  
24 Loan 5, 16, 30 1 3095 Owners Corp. No No Refinance No                  
25 Loan 4, 19 1 Polly's Country Market No No Refinance No                  
26 Loan 11, 13, 19 1 Walgreens Millbrook No No Refinance No                  
27 Loan 11, 13, 19 1 Walgreens Palmview TX No No Refinance No                  
28 Loan 19, 30 1 Best Western Plus Executive Inn No No Refinance No                  
29 Loan 6, 14, 16, 32 2 Tennessee RV Park No Yes Refinance                    
29.01 Property   1 Will Evans Road Hidden Acres RV Park       No                  
29.02 Property   1 Tibbs Road Hidden Acres RV Park       No                  
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. No No Refinance No                  
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. No No Refinance No                  
32 Loan 11, 13, 19 1 Walgreens Greenwood No No Refinance No                  
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. No No Refinance No                  
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. No No Refinance No                  
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. No No Refinance No                  
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. No No Refinance No                  
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. No No Refinance No                  
38 Loan 5, 13, 16, 30 1 Centrentset Corp. No No Refinance No                  
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. No No Refinance No                  
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. No No Refinance No                  
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. No No Refinance No                  
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  No No Refinance No                  
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. No No Refinance No                  
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. No No Refinance No                  
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. No No Refinance No                  
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. No No Refinance No                  
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. No No Recapitalization No                  
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. No No Refinance No                  
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. No No Refinance No                  
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. No No Refinance No                  
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. No No Refinance No                  
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. No No Refinance No                  

 

 A-15 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Uses: Principal Equity Distribution ($) Uses: Other Uses ($) Uses: Total Uses ($) Franchise Agreement Expiration Underwritten ADR ($) Underwritten RevPAR ($) Underwritten Hotel Occupancy (%) Most Recent ADR ($) Most Recent RevPAR ($) Most Recent Hotel Occupancy (%) Second Most Recent ADR ($) Second Most Recent RevPAR ($) Second Most Recent Hotel Occupancy (%) Third Most Recent ADR ($)
                                     
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall 30,706,123 0 155,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson 0 0 283,678,608 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion 0 0 128,927,040 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio 0 0 84,805,701 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.01 Property   1 8662 Main Street       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.02 Property   1 910 Vision Drive       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.03 Property   1 4700 South Westmoreland Road       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.04 Property   1 2110 Patterson Street       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.05 Property   1 26 Maple Avenue       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.06 Property   1 8720 US 70 Business Highway West       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.07 Property   1 1445 Timber Wolf Drive       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
4.08 Property   1 1060 State Highway 10       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments 0 0 164,809,129 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6 Loan 6, 13, 16 2 AHF Crossville Portfolio 0 0 62,899,913 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.01 Property   1 Porcelain Tile Drive       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
6.02 Property   1 Sweeney Drive       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace 0 0 392,236,503 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
8 Loan 5, 19, 23, 30 1 Monroe Street Retail 0 0 56,291,689 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
9 Loan 19 1 Residence Inn Del Mar 6,253,883 0 25,000,000 6/1/2043 195.04 165.15 84.7% 195.04 165.15 84.7% 190.40 161.53 84.8% 141.27
10 Loan 10, 19, 21 1 Lincoln City Outlet Center 0 0 37,069,676 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall 0 0 382,955,402 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing 0 0 27,857,915 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs 0 0 15,500,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
14 Loan 11, 13, 19, 30 1 BJ's Mooresville 0 0 13,500,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial 2,479,571 0 12,000,000 NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
16 Loan   1 UOVO Livermore       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
17 Loan   1 Texas Parkway Shopping Center       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
19 Loan 5, 19, 24 1 Nameoki Commons       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
20 Loan 3, 16, 19, 28 1 Good Hotels Denver       NAP 252.36 222.88 88.3% 252.36 234.48 92.9% NAV NAV NAV NAV
21 Loan 6, 7, 19, 30 2 OPI Portfolio       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.01 Property   1 1 Primerica Parkway       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
21.02 Property   1 701 Clay Avenue       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
22 Loan 19 1 Sunrise Shopping Center       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
23 Loan 5, 13, 16, 30 1 NB Owners Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
24 Loan 5, 16, 30 1 3095 Owners Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
25 Loan 4, 19 1 Polly's Country Market       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
26 Loan 11, 13, 19 1 Walgreens Millbrook       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
27 Loan 11, 13, 19 1 Walgreens Palmview TX       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
28 Loan 19, 30 1 Best Western Plus Executive Inn       11/30/2024 110.47 77.77 70.4% 110.47 77.77 70.4% 98.65 81.69 82.8% 95.36
29 Loan 6, 14, 16, 32 2 Tennessee RV Park       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.01 Property   1 Will Evans Road Hidden Acres RV Park       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
29.02 Property   1 Tibbs Road Hidden Acres RV Park       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
32 Loan 11, 13, 19 1 Walgreens Greenwood       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
33 Loan 5, 16, 30 1 839 West End Avenue, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
38 Loan 5, 13, 16, 30 1 Centrentset Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.        NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc.       NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP NAP

 

 A-16 

 

BMO 2024-C8

Annex A

Loan ID Number Loan / Property Flag Footnotes (for Loan and Property Information) # of Properties Property Name Third Most Recent RevPAR ($) Third Most Recent Hotel Occupancy (%) Coop - Committed Secondary Debt Coop - Rental Value Coop - LTV as Rental Coop - Unsold Percent Coop - Sponsor Units Coop - Investor Units Coop - Coop Units Coop - Sponsor/Investor Carry
                             
1 Loan 1, 4, 7, 10, 12, 16, 18, 20 1 Danbury Fair Mall NAP NAP                
2 Loan 1, 7, 12, 19, 21, 24 1 60 Hudson NAP NAP                
3 Loan 3, 7, 12, 19, 24, 32 1 Fayette Pavilion NAP NAP                
4 Loan 3, 4, 5, 6, 15, 16, 24, 30 8 Tekni-Plex Industrial Portfolio NAP NAP                
4.01 Property   1 8662 Main Street NAP NAP                
4.02 Property   1 910 Vision Drive NAP NAP                
4.03 Property   1 4700 South Westmoreland Road NAP NAP                
4.04 Property   1 2110 Patterson Street NAP NAP                
4.05 Property   1 26 Maple Avenue NAP NAP                
4.06 Property   1 8720 US 70 Business Highway West NAP NAP                
4.07 Property   1 1445 Timber Wolf Drive NAP NAP                
4.08 Property   1 1060 State Highway 10 NAP NAP                
5 Loan 2, 4, 5, 7, 19, 21, 23, 31 1 Axis Apartments NAP NAP                
6 Loan 6, 13, 16 2 AHF Crossville Portfolio NAP NAP                
6.01 Property   1 Porcelain Tile Drive NAP NAP                
6.02 Property   1 Sweeney Drive NAP NAP                
7 Loan 1, 3, 7, 12, 13, 23, 24 1 Arundel Mills and Marketplace NAP NAP                
8 Loan 5, 19, 23, 30 1 Monroe Street Retail NAP NAP                
9 Loan 19 1 Residence Inn Del Mar 112.35 79.5%                
10 Loan 10, 19, 21 1 Lincoln City Outlet Center NAP NAP                
11 Loan 1, 7, 12, 13, 19, 24 1 Woodfield Mall NAP NAP                
12 Loan 7, 10, 12, 18, 23, 24 1 Medlock Crossing NAP NAP                
13 Loan 11, 13, 19, 30 1 BJ's Saratoga Springs NAP NAP                
14 Loan 11, 13, 19, 30 1 BJ's Mooresville NAP NAP                
15 Loan 5, 14, 16, 26, 27 1 Contour Windows Industrial NAP NAP                
16 Loan   1 UOVO Livermore NAP NAP                
17 Loan   1 Texas Parkway Shopping Center NAP NAP                
18 Loan 2, 4, 6, 10, 12, 16 4 CPC Medical Office Portfolio NAP NAP                
18.01 Property   1 Centers for Pain Control and Vein Care - Hobart NAP NAP                
18.02 Property   1 Centers for Pain Control and Vein Care - Valparaiso NAP NAP                
18.03 Property   1 Centers for Pain Control and Vein Care - LaPorte NAP NAP                
18.04 Property   1 Centers for Pain Control and Vein Care - Merrillville NAP NAP                
19 Loan 5, 19, 24 1 Nameoki Commons NAP NAP                
20 Loan 3, 16, 19, 28 1 Good Hotels Denver NAV NAV                
21 Loan 6, 7, 19, 30 2 OPI Portfolio NAP NAP                
21.01 Property   1 1 Primerica Parkway NAP NAP                
21.02 Property   1 701 Clay Avenue NAP NAP                
22 Loan 19 1 Sunrise Shopping Center NAP NAP                
23 Loan 5, 13, 16, 30 1 NB Owners Corp. NAP NAP 250,000 21,200,000 25.0% 6.3% 0 0 8 NAP
24 Loan 5, 16, 30 1 3095 Owners Corp. NAP NAP NAP 11,600,000 44.3% 0.0% 0 0 0 NAP
25 Loan 4, 19 1 Polly's Country Market NAP NAP                
26 Loan 11, 13, 19 1 Walgreens Millbrook NAP NAP                
27 Loan 11, 13, 19 1 Walgreens Palmview TX NAP NAP                
28 Loan 19, 30 1 Best Western Plus Executive Inn 77.72 81.5%                
29 Loan 6, 14, 16, 32 2 Tennessee RV Park NAP NAP                
29.01 Property   1 Will Evans Road Hidden Acres RV Park NAP NAP                
29.02 Property   1 Tibbs Road Hidden Acres RV Park NAP NAP                
30 Loan 5, 13, 16, 30 1 Van Buren Owners, Inc. NAP NAP 500,000 16,870,000 22.8% 14.3% 12 0 0 -33,770
31 Loan 5, 13, 16, 30 1 Bel-Air Equities, Inc. NAP NAP 600,000 17,400,000 20.4% 14.3% 10 0 1 96,980
32 Loan 11, 13, 19 1 Walgreens Greenwood NAP NAP                
33 Loan 5, 16, 30 1 839 West End Avenue, Inc. NAP NAP NAP 29,800,000 10.1% 40.5% 17 0 0 -25,099
34 Loan 5, 13, 16, 30 1 Rumsey Garden Owners, Inc. NAP NAP 500,000 14,400,000 20.8% 8.4% 5 0 2 -7,413
35 Loan 5, 16, 30 1 325 East 72nd Street, Inc. NAP NAP NAP 64,300,000 4.4% 0.0% 0 0 0 NAP
36 Loan 5, 13, 16, 30 1 The Franklin Owners Corp. NAP NAP 250,000 18,300,000 15.0% 6.9% 0 5 0 26,326
37 Loan 5, 13, 16, 30 1 Imperial Sanford Owners, Inc. NAP NAP 200,000 28,500,000 9.5% 0.8% 1 0 0 2,550
38 Loan 5, 13, 16, 30 1 Centrentset Corp. NAP NAP 350,000 54,000,000 4.9% 23.5% 24 0 0 357,185
39 Loan 5, 16, 30 1 Gunther Building 1873, Corp. a/k/a Gunther Building 1873 Corp. NAP NAP NAP 46,300,000 5.4% 0.0% 0 0 0 NAP
40 Loan 5, 16, 30 1 Hudson Gate II Apartment Corp. NAP NAP NAP 14,800,000 15.3% 0.0% 0 0 0 NAP
41 Loan 5, 13, 16, 30 1 536 Owners Ltd. NAP NAP 250,000 15,900,000 14.1% 25.0% 10 0 0 -28,500
42 Loan 5, 13, 16, 30 1 70 N. Grove Owners Corp. a/k/a 70 North Grove St. Corp.  NAP NAP 500,000 29,000,000 6.9% 0.0% 0 0 0 NAP
43 Loan 5, 13, 16, 30 1 306-100th Street Owners Corp. NAP NAP 500,000 27,200,000 7.3% 3.1% 1 0 0 -2,084
44 Loan 5, 13, 16, 30 1 Valley View Gardens of Monsey, New York, Section II, Inc. NAP NAP 500,000 21,700,000 7.6% 0.0% 0 0 0 NAP
45 Loan 5, 16, 30 1 43 North Forest Avenue Owners Corp. NAP NAP NAP 8,300,000 18.0% 8.8% 3 0 0 21,505
46 Loan 5, 13, 16, 30 1 2669 Owners Ltd. NAP NAP 175,000 16,800,000 8.9% 7.4% 2 0 0 -24,336
47 Loan 5, 13, 16, 30 1 29 West 10th St. Corp. NAP NAP 200,000 5,420,000 27.6% 0.0% 0 0 0 NAP
48 Loan 5, 16, 30 1 1160 Richmond Owners, Inc. NAP NAP NAP 14,100,000 10.3% 16.9% 12 0 0 32,026
49 Loan 5, 13, 16, 30 1 325 East 80th Apts. Corp. NAP NAP 200,000 18,500,000 7.1% 17.4% 8 0 0 30,891
50 Loan 5, 13, 16, 30 1 222 Smith Street Owners, Inc. NAP NAP 175,000 8,000,000 16.2% 0.0% 0 0 0 NAP
51 Loan 5, 13, 16, 30 1 Wappingers Falls Owners Corp. NAP NAP 125,000 10,400,000 12.5% 0.0% 0 0 0 NAP
52 Loan 5, 13, 16, 30 1 134-136 West 82nd Street Owners, Inc. NAP NAP 300,000 8,200,000 14.6% 0.0% 0 0 0 NAP

 

 A-17 

 

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, “GACC” denotes German American Capital Corporation as Mortgage Loan Seller, “CREFI” denotes Citi Real Estate Funding Inc. as Mortgage Loan Seller, “LCF” denotes Ladder Capital Finance LLC as Mortgage Loan Seller, “NCB” denotes National Cooperative Bank, N.A. as Mortgage Loan Seller, “MSMCH” denotes Morgan Stanley Mortgage Capital Holdings LLC as Mortgage Loan Seller, “BSPRT” denotes BSPRT CMBS Finance, LLC as Mortgage Loan Seller, “GSMC” denotes Goldman Sachs Mortgage Company as Mortgage Loan Seller, “ZBNA” denotes Zions Bancorporation, N.A. as Mortgage Loan Seller, and “LMF” denotes LMF Commercial, LLC as Mortgage Loan Seller.

 

With respect to Loan No. 1, Danbury Fair Mall, the mortgage loan is part of a whole loan that was co-originated by Goldman Sachs Bank USA, BMO and Morgan Stanley Bank, N.A.

 

With respect to Loan No. 2, 60 Hudson, the mortgage loan is part of a whole loan that was originated by Morgan Stanley Bank, N.A. The portion of the 60 Hudson Mortgage Loan evidenced by promissory notes A-6 and A-7-2 was originated by Morgan Stanley Bank, N.A. and subsequently acquired by BMO.

 

With respect to Loan No. 7, Arundel Mills and Marketplace, the mortgage loan is part of a whole loan that was co-originated by Wells Fargo Bank, National Association, CREFI, DBR Investments Co. Limited and Societe Generale Financial Corporation.

 

With respect to Loan No. 11, 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.

 

(2)With respect to Loan No. 5, Axis Apartments, the mortgaged property is comprised of a 716 unit, 60 story high rise multifamily property making up 95.3% of Underwritten EGI ($) and 17,195 square feet of ground floor retail making up 4.7% of Underwritten EGI ($). Approximately 13.8% of the net rentable square footage is currently being converted from office space to multifamily space.

 

With respect to Loan No. 18, CPC Medical Office Portfolio, all of the mortgaged properties are medical office properties, and the mortgaged property located in Merrillville, Indiana has a portion used for physical therapy, and the mortgaged property located in Valparaiso, Indiana has portions used as a learning center and a restaurant.

 

(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. 3, Fayette Pavilion, the Largest Tenant, Kohl’s, operates under a ground lease terminating on January 31, 2027. Kohl’s has seven five-year renewal options remaining under its ground lease.

 

With respect to Loan No. 4, Tekni-Plex Industrial Portfolio, the 910 Vision Drive mortgaged property is owned by the borrower in fee, and 100% ground leased (the “Ground Lease”) by the borrower to the Port Authority of Van Wert County, Ohio (the “Port Authority”) and the Port Authority subleases 100% of the property back to the borrower (the “Port Authority Lease”). The Ground Lease and Port Authority Lease each have a term of 5 years. The borrower cannot sublease its interest in the Port Authority Lease unless such sublease is to Tekni-Plex, Inc. (Tekni-Plex”) or another sublease approved by the Port Authority.

 

With respect to Loan No. 7, 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 square footage totaling 1,391,652 square feet. Occupancy including Live Casino Hotel Maryland is 98.8%.

 

With respect to Loan No. 20, Good Hotels Denver, the mortgaged property consists of 20 rooms and 10,096 square feet of ground floor and basement retail space.

 

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

 

 A-18 

 

 

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

 

With respect to Loan No. 1, Danbury Fair Mall, the Largest Tenant, Target, has a rent commencement date of April 14, 2024. We cannot assure you that the tenant will take occupancy, or begin paying rent, on the rent commencement date or at all.

 

With respect to Loan No. 1, Danbury Fair Mall, the Fourth Largest Tenant, Round 1 Entertainment opened and commenced paying rent on March 9, 2024.

 

With respect to Loan No. 4, Tekni-Plex Industrial Portfolio, the improvements at the 910 Vision Drive mortgaged property are still under construction. As of the general contractor’s report dated January 11, 2024, the building shell for the 910 Vision Drive mortgaged property was generally complete, and remaining work included installation of equipment and completing interior finishes. At origination, $3,750,784.30 was deposited by the borrower into escrow with a third-party escrow agent for the completion of the improvements at such mortgaged property pursuant to the terms and conditions of an escrow agreement among Tekni-Plex, the borrower, the lender and the escrow agent.

 

With respect to Loan No. 5, Axis Apartments, occupancy includes 101 units that are currently being converted from office space to residential units and are leased by Sonder Hospitality USA Inc. (“Sonder”) for a six-year term with two, three-year renewal options. The other 615 units not subject to the Sonder lease are 91.2% leased.

 

With respect to Loan No. 18, CPC Medical Office Portfolio, the sole tenant, Centers for Pain Control & Vein Care, subleases a portion of its space at the Centers for Pain Control and Vein Care – Valparaiso mortgaged property to Little Caesars and Sylvan (collectively representing approximately 33.65% of the net rentable square footage at the Centers for Pain Control and Vein Care – Valparaiso mortgaged property). Additionally, an undetermined portion of the Centers for Pain Control and Vein Care – Merrillville mortgaged property is subleased by RCA Physical Therapy. Underwriting for the mortgage loan was based on the lease between Centers for Pain Control & Vein Care and the borrower.

 

With respect to Loan No. 25, Polly’s Country Market, the sole tenant, Polly's Food Service, Inc., subleases 576 square feet (1.2% of its total space) to American 1 Federal Credit Union to operate a small teller area with an ATM and an office. The sublease expires on March 31, 2025 (prior to end of the Polly's Food Service, Inc. lease expiration date) and has an annual base rent of $8,100.

 

(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, Tekni-Plex Industrial Portfolio, the appraised value represents the “As Portfolio” appraised value of the Tekni-Plex Industrial Portfolio Properties, which assumes a 1.25% portfolio premium is applied to the aggregate of the individual appraised values. The individual appraisal valuation dates are between December 18, 2023, and December 22, 2023. The aggregate of the “as is” appraised values of the Tekni-Plex Industrial Portfolio Properties is $103,700,000 which results in a Cut-off Date LTV and Maturity Date LTV of 56.3%.

 

With respect to Loan No. 5, Axis Apartments, the Appraised Value ($), Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are based on the appraiser’s “prospective as complete – proposed” value of $256,800,000 as of May 31, 2024, which assumes completion of the currently ongoing and planned renovation work for 101 units that are being converted from office space to residential units. The appraiser concluded an “as-is” appraised value of $229,400,000 as of September 29, 2023, which would result in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 59.3%.

 

With respect to Loan No. 8, Monroe Street Retail, the Appraised Value ($) represents the “As Is” prospective market value upon start of the O’Reilly Auto Parts lease. The Fifth Largest Tenant at the mortgaged property, O'Reilly Auto Parts, has signed its lease, has no further lease outs or extraordinary contingencies and is expected to commence paying rent on December 1, 2024, the date which the tenant is expected to open for business. All applicable tenant improvements, leasing commissions and gap rent through and including December 2024 were escrowed upfront in connection with the origination of the mortgage loan.

 

 A-19 

 

 

With respect to Loan No. 15, Contour Windows Industrial, the Appraised Value ($), Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) are based on the appraiser’s “prospective value upon completion” value of $18,350,000 as of May 15, 2024, which assumes that the improvements at the mortgaged property have been completed and that the mortgaged property is occupied to a point of economic stabilization and market occupancy by May 15, 2024. It is also assumed that the final version of the fee in lieu of taxes (“FILOT”) agreement will not have any material changes from what has been disclosed in the appraisal and that it will be ratified by Pickens County, South Carolina. The “as-is” appraised value of the mortgaged property as of February 16, 2024 was $18,100,000, which would result in a Cut-off Date LTV Ratio (%) and LTV Ratio at Maturity / ARD (%) of 66.3% and 61.1%, respectively.

 

With respect to Loan No. 19, Nameoki Commons, the Appraised Value ($) of $11,810,000 as of December 11, 2023 excludes a release parcel valued at $890,000.

 

With respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the as-is appraised value of each property is the appraised value of such property assuming such property is operated as a residential cooperative.

 

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

● Loan No. 4, Tekni-Plex Industrial Portfolio

● Loan No. 6, AHF Crossville Portfolio

● Loan No. 18, CPC Medical Office Portfolio

● Loan No. 21, OPI Portfolio

● Loan No. 29, Tennessee RV Park

 

(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, Danbury Fair Mall

● Loan No. 2, 60 Hudson

● Loan No. 3, Fayette Pavilion

● Loan No. 5, Axis Apartments

● Loan No. 7, Arundel Mills and Marketplace

● Loan No. 11, Woodfield Mall

● Loan No. 12, Medlock Crossing

● Loan No. 21, OPI Portfolio

 

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

 

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

 

(10)With respect to Loan No. 1, Danbury Fair Mall, a Grace Period - Late Fee (Days) of five days is allowed.

 

With respect to Loan No. 10, Lincoln City Outlet Center, a Grace Period - Late Fee (Days) of five days is permitted once during any consecutive 12-month period.

 

With respect to Loan No. 12, Medlock Crossing, a Grace Period – Late Fee (Days) of ten days is allowed.

 

 A-20 

 

 

With respect to No. 18, CPC Medical Office Portfolio, the borrower has a five-day Grace Period - Default (Days) for debt service payments once per calendar year. The grace period does not require notice from the lender and does not apply to the balloon payment.

 

(11)With respect to Loan No. 13, BJ’s Saratoga Springs, the mortgage loan is structured with an anticipated repayment date of March 6, 2034 (the “ARD”) and a final maturity of September 6, 2037. From and after the ARD, the mortgage loan will bear interest at a rate per annum equal to the sum of the applicable interest rate and 4%.

 

With respect to Loan No. 14, BJ’s Mooresville, the mortgage loan is structured with an anticipated repayment date of March 6, 2034, and a final maturity of September 6, 2037. From and after the ARD, the mortgage loan will bear interest at a rate per annum equal to the sum of the applicable interest rate and 4%.

 

With respect to Loan No. 26, Walgreens Millbrook, the mortgage loan is structured with an anticipated repayment date of March 6, 2034, and a final maturity of May 6, 2038. From and after the ARD, the mortgage loan will bear interest at a rate per annum equal to the sum of the applicable interest rate and 4%.

 

With respect to Loan No. 27, Walgreens Palmview TX, the mortgage loan is structured with an anticipated repayment date of March 6, 2034, and a final maturity of August 6, 2042. From and after the ARD, the mortgage loan will bear interest at a rate per annum equal to the sum of the applicable interest rate and 4%.

 

With respect to Loan No. 32, Walgreens Greenwood, the whole loan is structured with an anticipated repayment date of March 6, 2034, and a final maturity of June 6, 2039. From and after the ARD, the loan will bear interest at a rate per annum equal to the sum of the applicable interest rate and 4%.

 

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

 

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

 

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

 

The “YM1” component of the prepayment provision represents the greater of (i) yield maintenance or (ii) 1% of the outstanding principal balance of the mortgage loan at the time of prepayment.

 

The “1%” component of the prepayment provision represents 1% of the outstanding principal balance of the mortgage loan at the time of prepayment.

 

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

 

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

 

With respect to Loan No. 1 Danbury Fair Mall, the lockout period will be at least 25 payment dates beginning with and including the first payment date in March 2024. The Danbury Fair Mall Whole Loan may be voluntarily prepaid in whole (but not in part, other than in connection with the release of the L&T Parcel (as defined below) pursuant to the Mortgage Loan documents) at any time from and after the earlier to occur of (i) February 6, 2027 and (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note of the Danbury Fair Mall Whole Loan to be securitized, with the payment of a yield maintenance premium if such prepayment is made prior to August 6, 2033. From and after August 6, 2033, the Danbury Fair Mall Whole Loan may be voluntarily prepaid in whole without the payment of a yield maintenance premium. The assumed lockout period of 25 payments is based on the anticipated closing date of the BMO 2024-C8 securitization trust in March 2024. The actual lockout period may be longer.

 

With respect to Loan No. 2, 60 Hudson, the defeasance lockout period will be at least 29 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 29 payments is based on the expected BMO 2024-C8 securitization closing date in March 2024. The actual defeasance lockout period may be longer.

 

 A-21 

 

 

With respect to Loan No. 3, Fayette Pavilion, the lockout period will be at least 24 payment dates beginning with and including the first payment date in April 2024. Defeasance of the Fayette Pavilion whole loan is permitted at any time after the earlier to occur of (i) February 8, 2027 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 months is based on the anticipated closing date of the BMO 2024-C8 securitization trust in March 2024. The actual lockout period may be longer.

 

With respect to Loan No. 7, 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 assumed prepayment lockout period of 28 payments is based on the expected closing date of the BMO 2024-C8 transaction in March 2024. 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 the prepaid amount or (ii) yield maintenance basis.

 

With respect to Loan No. 7, 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) the borrowers’ partial defeasance or partial prepayment of the Arundel Mills 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) receipt of a rent roll and leasing plan for the remaining mortgaged property and Arundel Marketplace.

 

With respect to Loan No. 11, 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 27 payments is based on the expected closing date of the BMO 2024-C8 transaction in March 2024. 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 such 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 and (ii) a yield maintenance charge in conjunction with the defeasance of any securitized pari passu notes that have been securitized for greater than two years by the projected repayment date.

 

With respect to Loan No. 12, Medlock Crossing, prepayment of the Medlock Crossing Whole Loan is permitted with a yield maintenance premium at any time from and 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 Medlock Crossing Whole Loan to be securitized and (b) March 6, 2027. The assumed lockout period of 25 payments is based on the expected closing date of the BMO 2024-C8 transaction in March 2024. The actual lockout period may be longer.

 

With respect to Loan No. 18, CPC Medical Office Portfolio, the related mortgage loan documents permit the mortgagors to obtain a release of an individual mortgaged property after the payment date occurring in April, 2025 so long as certain conditions set forth in the mortgage loan documents have been satisfied. Such conditions include that as of the date of consummation of a partial release of any individual mortgaged property, after giving effect to such release: (i) if seventy percent (70%) or more of the aggregate rentable square footage of such released mortgaged property is occupied by the tenants as of the partial release date, then the debt yield with respect to the remaining individual mortgaged properties (based upon the trailing 12 month period) will be no less than the greater of (A) the debt yield as of the loan closing date and (b) the debt yield immediately prior to the consummation of such

 

 A-22 

 

 

partial release; or (ii) if less than 70% of the aggregate rentable square footage of such released mortgaged property is occupied by the tenants as of the partial release date, then the debt yield with respect to the remaining individual mortgaged properties (based upon the trailing 12 month period) will be no less than the debt yield immediately prior to the consummation of the partial release; provided, however, that the mortgagors will have the right to satisfy the foregoing applicable debt yield requirement by prepaying an additional portion of the outstanding principal balance of the mortgage loan in an amount sufficient, when applied to the outstanding principal balance of the mortgage loan, to cause such applicable debt yield requirements to be satisfied, in addition to the prepayment of the HTI Adjusted Release Amount (as defined below). In addition, in connection with such partial release of an individual mortgaged property, the mortgagors must either (i) prepay a portion of the mortgage loan in an amount equal to the sum of (a) the allocated loan amount for such individual mortgaged property being released and (b) 15% of the allocated loan amount for such individual mortgaged property (the “HTI Adjusted Release Amount”) and pay any applicable yield maintenance premium and other amounts payable by the borrower under the mortgage loan documents (including any additional amount necessary to meet the debt yield test described above) or (ii) if such release is made after the date that is the earlier of (a) three years from the loan closing date or (b) two years from the “startup day” within the meaning of Section 860G(a)(9) of the Code of the final REMIC Trust, partially defease the mortgage loan in an amount equal to or greater than the HTI Adjusted Release Amount for the applicable individual mortgaged property. Notwithstanding the foregoing, in the event that the lender has applied the net proceeds from a casualty or condemnation of an individual mortgaged property to the repayment of the mortgage loan and a partial release of such individual mortgaged property is thereafter completed, (1) the HTI Adjusted Release Amount for such individual mortgaged property will be reduced by the amount of such net proceeds so applied, and (2) no yield maintenance premium or similar sum will be due in connection therewith. Such permitted releases are also subject to the satisfaction of customary REMIC requirements.

 

(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. 6, AHF Crossville Portfolio, there currently exists an intercompany loan between the related borrower, AGNL Tile, L.L.C., and the borrower’s sole member, AGNL Tile Holdco L.L.C., in the amount of $10,132,500. Such intercompany loan is subordinate to the AHF Crossville Portfolio Mortgage Loan and is not secured by any collateral. A subordination agreement among the lender, the borrower and the borrower’s sole member provides: (i) the intercompany loan cannot be repaid other than from excess cash flow from the AHF Crossville Portfolio Mortgaged Properties that is made available to the borrower by the lender (and, in the case of a borrower bankruptcy or insolvency proceeding, the intercompany loan cannot be repaid until the debt evidenced by the AHF Crossville Portfolio Mortgage Loan is repaid in full); (ii) no further intercompany loan funds may be advanced without the lender’s prior written consent; (iii) the intercompany loan cannot be transferred other than to specified borrower affiliates without the lender’s consent; (iv) the material terms of the intercompany loan cannot be modified without the lender’s consent; and (v) the borrower’s sole member cannot take (x) any enforcement action in connection with the repayment of the intercompany loan or (y) any action in furtherance of any bankruptcy or insolvency proceeding of the borrower.

 

With respect to Loan No. 6, AHF Crossville Portfolio, future mezzanine debt is permitted, subject to the satisfaction of certain conditions including, among others, (i) immediately after giving effect to such debt (x) the aggregate loan-to-value ratio does not exceed 60.2%, (y) the aggregate debt service coverage ratio is equal to or greater than 1.62x and (z) the aggregate debt yield is not less than 11.9%, (ii) execution of an intercreditor agreement reasonably acceptable to the lender, (iii) if required by the lender, the borrower delivers a rating agency confirmation with respect to the mezzanine loan, and (iv) the maturity date of the mezzanine loan is coterminous with, or after than the maturity date of the AHF Crossville Portfolio mortgage loan.

 

With respect to Loan No. 7, 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 borrowers. The property-assessed clean energy (“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 permit the borrowers to enter into an additional PACE loan for an amount not to exceed $5,000,000.

 

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With respect to Loan No. 11, Woodfield Mall, the Woodfield Mall Property also secures the Woodfield Mall Subordinate Companion Loan, which has an aggregate Cut-off Date principal balance of $30,000,000. The Woodfield Mall 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 Subordinate Companion Loan.

 

With respect to Loan No. 11, 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 (ii) 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. 13, BJ’s Saratoga Springs, the related borrower’s sole owner may obtain a fixed-rate co-terminus mezzanine loan from an institutional lender (defined by criteria set forth in the related loan agreement) subject to a maximum loan-to-value ratio (of the BJ’s Saratoga Springs Mortgage Loan and mezzanine loan combined) of 85%, a minimum debt service coverage ratio (of the BJ’s Saratoga Springs Mortgage Loan and mezzanine loan combined) of 1.20x and the mezzanine lender entering into an intercreditor agreement in the form attached to the related loan agreement. In addition, the upper tier parents of the related borrower may obtain corporate financing secured by pledges of equity in subsidiaries from a qualified real estate investor (defined by criteria set forth in the related loan agreement) subject to the requirement that the corporate lender, following exercise of any remedies, remains at least 51% controlled by one or more qualified real estate investors and subject to the requirement that the corporate financing is secured by at least a majority of the real estate assets owned by the pledgor, which will constitute no fewer than four (4) real estate assets (properties or owners of properties) (inclusive of the pledgor’s interest in the related borrower).

 

With respect to Loan No. 14, BJ’s Mooresville, the related borrower’s sole owner may obtain a fixed-rate co-terminus mezzanine loan from an institutional lender (defined by criteria set forth in the related loan agreement) subject to a maximum loan-to-value ratio (of the BJ’s Mooresville Mortgage Loan and mezzanine loan combined) of 85%, a minimum debt service coverage ratio (of the BJ’s Mooresville Mortgage Loan and mezzanine loan combined) of 1.20x and the mezzanine lender entering into an intercreditor agreement in the form attached to the related loan agreement. In addition, the upper tier parents of the related borrower may obtain corporate financing secured by pledges of equity in subsidiaries from a qualified real estate investor (defined by criteria set forth in the related loan agreement) subject to the requirement that the corporate lender, following exercise of any remedies, remains at least 51% controlled by one or more qualified real estate investors and subject to the requirement that the corporate financing is secured by at least a majority of the real estate assets owned by the pledgor, which shall constitute no fewer than four (4) real estate assets (properties or owners of properties) (inclusive of the pledgor’s interest in the related borrower).

 

With respect to Loan No. 26, Walgreens Millbrook, the related borrower’s sole owner may obtain a fixed-rate co-terminus mezzanine loan from an institutional lender (defined by criteria set forth in the related loan agreement) subject to a maximum loan-to-value ratio (of the WAG Millbrook Mortgage Loan and mezzanine loan combined) of 85%, a minimum debt service coverage ratio (of the WAG Millbrook Mortgage Loan and mezzanine loan combined) of 1.20x and the mezzanine lender entering into an intercreditor agreement in the form attached to the related loan agreement. In addition, the upper tier parents of the related borrower may obtain corporate financing secured by pledges of equity in subsidiaries from a qualified real estate investor (defined by criteria set forth in the related loan agreement) subject to the requirement that the corporate lender, following exercise of any remedies, remains at least 51% controlled by one or more qualified real estate investors and subject to the requirement that the corporate financing is secured by at least a majority of the real estate assets owned by the pledgor, which shall constitute no fewer than four (4) real estate assets (properties or owners of properties) (inclusive of the pledgor’s interest in the related borrower).

 

With respect to Loan No. 27, Walgreens Palmview TX, the related borrower’s sole owner may obtain a fixed-rate co-terminus mezzanine loan from an institutional lender (defined by criteria set forth in the related loan agreement) subject to a maximum loan-to-value ratio (of the WAG Palmview, TX Mortgage Loan and mezzanine loan combined) of 85%, a minimum debt service coverage ratio (of the WAG Palmview, TX Mortgage Loan and mezzanine loan combined) of 1.20x and the mezzanine lender entering into an intercreditor agreement in the form attached to the related loan agreement. In addition, the upper tier parents of the related borrower may obtain corporate financing secured by pledges of equity in subsidiaries from a qualified real estate investor (defined by criteria set forth in the

 

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related loan agreement) subject to the requirement that the corporate lender, following exercise of any remedies, remains at least 51% controlled by one or more qualified real estate investors and subject to the requirement that the corporate financing is secured by at least a majority of the real estate assets owned by the pledgor, which shall constitute no fewer than four (4) real estate assets (properties or owners of properties) (inclusive of the pledgor’s interest in the related borrower).

 

With respect to Loan No. 32, Walgreens Greenwood, the related borrower’s sole owner may obtain a fixed-rate co-terminus mezzanine loan from an institutional lender (defined by criteria set forth in the related loan agreement) subject to a maximum loan-to-value ratio (of the WAG Greenwood Mortgage Loan and mezzanine loan combined) of 85%, a minimum debt service coverage ratio (of the WAG Greenwood Mortgage Loan and mezzanine loan combined) of 1.20x and the mezzanine lender entering into an intercreditor agreement in the form attached to the related loan agreement. In addition, the upper tier parents of the related borrower may obtain corporate financing secured by pledges of equity in subsidiaries from a qualified real estate investor (defined by criteria set forth in the related loan agreement) subject to the requirement that the corporate lender, following exercise of any remedies, remains at least 51% controlled by one or more qualified real estate investors and subject to the requirement that the corporate financing is secured by at least a majority of the real estate assets owned by the pledgor, which shall constitute no fewer than four (4) real estate assets (properties or owners of properties) (inclusive of the pledgor’s interest in the related borrower).

 

With respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance ($)”, and “Subordinate Companion Loan Interest Rate", also includes relevant information regarding the subordinate lines of credit corresponding to such loans, although those subordinate lines of credit are not considered Companion Loans. See the chart column entitled "Existing Additional Secured Debt—Additional Debt Financing For Mortgage Loans Secured by Residential Cooperatives Sold to the Depositor by National Cooperative Bank, N.A.”; in this prospectus.

 

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

 

For purposes of determining the debt service coverage ratio and debt yield for a residential cooperative mortgage loan, the Underwritten NOI DSCR (x) and the Underwritten NCF DSCR (x) for a residential cooperative property is the projected net cash flow reflected in an appraisal of such residential cooperative property.

 

With respect to Loan No. 15, Contour Windows Industrial, the Underwritten Net Cash Flow ($) and the Underwritten Net Operating Income ($) are calculated using the 15-year absolute triple net lease signed by Contour Windows with a lease start date of January 1, 2024 for income as well as the appraisal for assumed expenses.

 

With respect to Loan No. 29, Tennessee RV Park, the Underwritten Net Cash Flow ($) and the Underwritten Net Operating Income ($) are calculated using the in-place rent roll as of January 8, 2024. Expenses are based on the 2024 borrower sponsor provided budget and the appraisal.

 

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

 

With respect to Loan No. 4, Tekni-Plex Industrial Portfolio, Tekni-Plex, the master tenant has provided the borrower with a letter of credit in the face amount of $4,100,000, to be held as security for the Tekni-Plex Industrial Portfolio master tenant’s obligations under the master lease. If there is a default under the lease, the borrower may draw down on the letter of credit and use the funds to pay for unpaid rent, landlord damages and other items set forth in the master lease (the “Tekni-Plex LC”). The Tekni-Plex LC is not assigned to the lender but the borrower is required, pursuant to the terms of the Tekni-Plex Industrial Portfolio loan documents, to draw down on such funds when permitted to under the lease and deposit the sums with the lender, to be used by the lender in accordance with the terms of the master lease. The Tekni-Plex LC does not have to be renewed by the tenant once the construction at the 910 Vision Drive mortgaged property is complete.

        

(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. 1, Danbury Fair Mall, the historical occupancy figures include all signed leases and specialty leases with a term of greater than six months for mall and freestanding tenants. Occupancy does not include gross leasable area for anchor tenants.

 

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With respect to Loan No. 4, Tekni-Plex Industrial Portfolio, historical financial information is not available because the Tekni-Plex Industrial Portfolio mortgaged properties were acquired by the borrower in a sale leaseback transaction on the origination date, except for the 910 Vision Drive mortgaged property, which was acquired in April 2023.

 

With respect to Loan No. 6, AHF Crossville Portfolio, historical financial information is unavailable due to the acquisition of the AHF Crossville Portfolio mortgaged properties at origination of the AHF Crossville Portfolio mortgage loan.

 

With respect to Loan No. 15, Contour Windows Industrial, historical financial information is not available due to the recent development of the mortgaged property.

 

With respect to Loan No. 18, CPC Medical Office Portfolio, historical financials are not available as the mortgaged properties were acquired in 2024.

 

With respect to Loan No. 20, Good Hotels Denver, historical financial information prior to 2023 is not available as the borrower sponsor acquired the mortgaged property in August 2022.

 

With respect to Loan No. 29, Tennessee RV Park, historical financials are not available as the mortgaged properties were built in 2023.

 

Due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A with respect to other Mortgage Loans is not presented with respect to the residential cooperative Mortgage Loans sold to the trust and is, instead, reflected as not applicable (NAP). Since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI ($), Second Most Recent NOI ($), Third Most Recent NOI ($), and the related fields shown on Annex A-1 are not presented on Annex A with respect to the residential cooperative Mortgage Loans sold to the trust.

 

(17)Intentionally blank.

 

(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. 1, Danbury Fair Mall, Other Reserves include an outstanding TI/LC reserve of $3,460,293 and a gap and free rent reserve of $642,965.09 which represents pro-rated rent for tenants with lease commencement dates after the note date, as well as the differential in current and contractual rent for tenants whose co-tenancy clauses are cured by incoming leases of Target and Round 1 Entertainment.

 

With respect to Loan No. 12, Medlock Crossing, $123,723 of the free rent reserve amount represents Regal Cinemas’ rent credit (related to an overpayment in base rent from January 2023 through May 2023). As of May 2023, Regal Cinemas agreed to a lease extension for an additional period of 86 months commencing on January 1, 2023. As part of the extension, the rent was reduced from $15.50 per square foot to $11.30 per square foot retroactive to January 2023. The remaining balance in the free rent reserve relates to two smaller tenants.

 

(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. 2, 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.

 

With respect to Loan No. 3, Fayette Pavilion, the borrowers were required at origination to fund a $6,770,048 general reserve to be used for future TI/LCs and capital expenditures. Upon the balance in the TI/LC and replacements reserve falling below $250,000, the borrower is required to deposit $17,731 monthly into the joint TI/LC and replacements reserve. The joint TI/LC and replacements reserve is capped at $250,000. For presentation purposes,

 

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the joint TI/LC and replacements reserve is shown in the Upfront CapEx Reserve ($) and Monthly CapEx Reserve ($) fields.

 

With respect to Loan No. 5, Axis Apartments, at origination of the mortgage loan, the borrower posted two letters of credit for (i) a Sonder base rent reserve of $3,624,131, which accounts for approximately one year of Sonder’s rent, (ii) a Sonder gap rent reserve of $1,812,061 and (iii) a Sonder free rent reserve of $1,208,040.

 

With respect to Loan No. 8, Monroe Street Retail, the TI/LC Cap ($) is equal to $1,000,000. If the TI/LC Reserve falls below the cap, the Monthly TI/LC Reserve of $29,432.98 would apply and be collected.

 

With respect to Loan No 9, Residence Inn Del Mar, if a cash management trigger period exists, in lieu of hotel revenues being deposited into the lockbox account, the hotel manager, Residence Inn By Marriott, LLC or a replacement franchisor or brand manager (“Franchisor”) may collect revenues from the related mortgaged property and apply them in accordance with the Franchisor Cash Flow Provision (as defined below), so long as the Franchisor CM Conditions (as defined below) are satisfied, provided that any Net Remittance (as defined below) will be required to be deposited into the lockbox account by the Franchisor on a monthly basis. The borrower is required to enter into a springing lockbox agreement within 45 days of loan origination (subject to an additional 45 days so long as the borrower is diligently pursuing the same).

 

“Franchise Cash Flow Provision” means provision(s) providing that the Franchisor: (i) will collect all mortgaged property revenue and hold it in eligible accounts with an eligible institution in the name of borrower which have been pledged to secure the Mortgage Loan, (ii) will apply said revenue solely to the payment of mortgaged property operating expenses and brand management fees, (iii) will maintain and hold reserves for furniture, fixtures and equipment (“FF&E”) in eligible accounts with an eligible institution in the name of borrower which have been pledged to secure the Mortgage Loan, and (iv) that any excess revenue after the payment of costs under clause (ii) (the “Net Remittance”) will (x) following the first occurrence of a cash management trigger period, be deposited into the lockbox account or (y) to the extent no such trigger period exists, be disbursed to the borrower.

 

“Franchisor CM Conditions” means each of the following conditions: (i) the Franchisor is not subject to a bankruptcy or insolvency proceeding, in material default of the hotel management agreement or any replacement franchise agreement or brand management agreement (the “Franchise Agreement”) which would give rise to a termination right of the borrower, or failing to apply revenue as provided in the Franchise Agreement, (ii) either (x) the Franchise Agreement in place as of the origination date is in full force and effect and the Franchisor continues to be owned and controlled by Marriott International, Inc., or (y) a replacement franchise agreement is in full force and effect in the form of a “brand management” agreement, and (iii) the Franchise Agreement or such replacement franchise agreement has a Franchise Cash Flow Provision reasonably acceptable to the lender and all revenue from the mortgaged property is being collected by the Franchisor and applied in accordance with said Franchise Cash Flow Provision.

 

With respect to Loan No. 9, Residence Inn Del Mar, prior to the origination date, a reserve account was established between the borrower and Franchisor for costs and expenses in connection with FF&E (the “Franchisor Reserve Account”). Pursuant to the mortgage loan documents, the Franchisor has the right to withdraw funds from the Franchisor Reserve Account subject to the terms and conditions set forth in the Franchise Agreement, the hotel SNDA and a franchisor reserve account control agreement with the Franchisor. As of the origination date, the franchisor reserve account control agreement had not yet been executed and delivered, and therefore the lender does not have a perfected security interest in the Franchisor Reserve Account. The borrower is required to enter into the franchisor reserve account control agreement within 45 days of loan origination (subject to an additional 45 days so long as the borrower is diligently pursuing the same).

 

With respect to Loan No. 9, Residence Inn Del Mar, during any period when the Reserve Waiver Conditions (as defined below) fail to be satisfied, the borrower must deposit into a refundable advance payments account as and when received an amount equal to the refundable advance payments and deposits that have been received, including for group business, banquets and other events that are in excess of $50,000. Provided that no event of default exists, the lender must disburse funds in the refundable advance payments account once per calendar month within ten days following the borrower’s written request accompanied by reasonable documentation, to be applied as follows: (i) to the borrower, for payment of refunds due from the advance payments and deposits or (ii) where such advance payments and deposits have been forfeited or where the applicable event has occurred and the charges have been incurred by the hotel customer, either to the borrower (if no cash management trigger period is continuing) or (if a cash management trigger period is continuing) to the cash management account to be applied on the next monthly payment date. “Reserve Waiver Conditions” means certain conditions set forth in the loan agreement, including but not limited to (i) no event of default exists, (ii) the Franchisor is not in monetary or material

 

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default beyond applicable cure periods, and (iii) the Franchisor continues to collect the amounts, make the payments and perform the obligations and liabilities related to the applicable reserve account.

 

With respect to Loan No. 10, Lincoln City Outlet Center, the borrower is required to deposit on each monthly payment date, the Leasing Reserve Monthly Deposit (as defined below) for landlord construction obligations, tenant improvements and leasing commissions up to a cap of $1,500,000 (the “Leasing Reserve Cap”).

 

“Leasing Reserve Monthly Deposit” means (a) on each monthly payment date from and after the origination date through the monthly payment date occurring in March 2025, $42,601.33, (b) on each monthly payment date from and after April 2025 through the monthly payment date occurring in March 2026, $31,951.00, and (c) on each monthly payment date from and after April 2026 through the stated maturity date in March 2034, $25,560.83; in each case subject to the Leasing Reserve Cap; provided, however, that after the first occurrence of the balance of the leasing reserve being equal to or exceeding the Leasing Reserve Cap and then subsequently falling below the Leasing Reserve Cap, the Leasing Reserve Monthly Deposit will thereafter be $26,625.83.

 

With respect to Loan No. 10, Lincoln City Outlet Center, on a monthly basis, the borrower is required to deposit into an insurance reserve, 1/12th of the amount which will be sufficient to pay the insurance premiums due for the renewal of coverage afforded by such policies (initially estimated to be approximately $8,195). Additionally, for so long as the borrower pays insurance premiums on a monthly basis, the borrower is required to make monthly payments in an amount such that the balance of the insurance reserve is equal to or exceeds the aggregate amount of the estimated cost of the next three months’ worth of insurance premiums as determined by the lender. However, deposits into the insurance reserve will be conditionally waived so long as the balance of the insurance reserve is equal to or exceeds the aggregate amount of the estimated cost of the next three months’ worth of insurance premiums as determined by the lender.

 

With respect to Loan No. 11, 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 all five Mortgage Loans sold to the trust by Ladder Capital Finance LLC, (1) the borrower is not required to make monthly tax escrow deposits as long as (i) no cash sweep period exists, (ii) the sole tenant is permitted to and is actually paying taxes directly to the appropriate public office, (iii) the sole tenant lease is in full force and effect and neither landlord, nor tenant, nor guarantor under the lease is in default of any of its obligations beyond applicable notice and cure periods, if any and (2) the borrower is not required to make monthly insurance escrow deposits as long as (i) no cash sweep period exists, (ii) the sole tenant is permitted to maintain and is actually maintaining insurance in accordance with the terms of the sole tenant lease or the sole tenant is self-insured in accordance with the terms and conditions of the sole tenant lease, (iii) the sole tenant pays insurance premiums directly to the respective insurer or agent (unless the sole tenant is self-insured in accordance with the terms and conditions of the sole tenant lease) and (iv) the sole tenant lease is in full force and effect and neither landlord nor tenant thereunder is in default of any of its obligations beyond applicable notice and cure periods, if any.

 

With respect to Loan No. 19, Nameoki Commons, on each monthly payment date, the borrower is required to deposit an amount equal to 1/12th of the insurance premiums that the lender reasonably estimates will be payable for the renewal of the coverages afforded by the insurance policies. If all of the required insurance coverages are provided through an approved blanket policy, the borrower is not required to make deposits on account of insurance premiums; provided that (i) such blanket policy is maintained in full force and effect, (ii) the insurance premiums for such blanket policy are not paid in installments or financed and (iii) not less than 15 days prior to the expiration date of such blanket policy, the borrower provides the lender with (a) a certificate of insurance evidencing (1) the renewal of such blanket policy or (2) a new blanket policy approved by the lender and (b) evidence reasonably satisfactory of the payment in full of the insurance premiums then due thereunder.

 

With respect to Loan No. 19, Nameoki Commons, on each monthly payment date during a material tenant trigger event period, the borrower is 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 borrower in connection with leasing material tenant space pursuant to qualified leases.

 

With respect to Loan No. 20, Good Hotels Denver, on each monthly payment date, the borrower is required to deposit an amount equal to the greater of (i) 4.0% of the gross income during the second calendar month preceding the calendar month in which such monthly payment date occurs and (ii) an amount equal to 1/12th of the aggregate amount, if any, required to be reserved pursuant to the management agreement and the franchise agreement, if applicable, for capital expenditures during the calendar year in which such monthly payment date occurs.

 

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With respect to Loan No. 20, Good Hotels Denver, on each monthly payment date during a franchise trigger event period, the borrower is required to deposit all franchise trigger event excess cash for costs incurred in connection with the property improvement plan work necessary to effect a franchise trigger event cure.

 

With respect to Loan No. 20, Good Hotels Denver, during a parcel agreement trigger event period caused by the borrower’s receipt of notice from the City of Denver informing the borrower of any planned construction on the northeast parcel or the southwest parcel, the borrower is required to deposit all parcel agreement excess cash for costs incurred in connection with the parcel work. The borrower has the right to avoid a parcel agreement trigger event by depositing with the lender, within two business days following the borrower’s receipt of the foregoing notice from the City of Denver, (i) a letter of credit or (ii) cash, in either case, in an amount equal to $325,000 per guest room affected by the parcel work.

 

With respect to Loan No. 20, Good Hotels Denver, during the period commencing on the origination date and continuing until the date on which the amount equal to (x) the outstanding principal balance, less (y) the aggregate amount of funds on deposit in the capital expenditures account, the rollover account, the parcel agreement excess cash account and the surplus cash flow account is equal to or less than $3,000,000 (a “Loan Amount Hurdle Cure”), the borrower is required to deposit all surplus cash, which sums will be held by the lender as additional security for the mortgage loan. The borrower has the right to suspend the loan amount hurdle sweep period prior to the occurrence of a Loan Amount Hurdle Cure by either (x) depositing with the lender cash in an amount equal to $700,000 or (y) posting a letter of credit in an amount equal to $700,000 with the lender (such cash or letter of credit, a “Loan Amount Hurdle Suspension Deposit”). If the borrower elects to suspend the loan amount hurdle sweep period by making or posting a Loan Amount Hurdle Suspension Deposit, as applicable, the borrower will be required on the next monthly payment date occurring in April and each monthly payment date occurring in April thereafter until the occurrence of a Loan Amount Hurdle Cure to make an additional Loan Amount Hurdle Suspension Deposit to continue to suspend the loan amount hurdle sweep period. If the borrower fails to make any additional Loan Amount Hurdle Suspension Deposit as required pursuant to the foregoing sentence, the loan amount hurdle sweep period will resume, and all surplus cash will be deposited into the surplus cash flow account.

 

With respect to Loan No. 21, 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. 21, 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. 21, 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. 21, 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 Avenue 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

 

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

 

With respect to Loan No. 22, Sunrise Shopping Center, the borrower is required to deposit on a monthly basis into the Anchor Tenant TI/LC Reserve, an amount equal to $7.25 per rentable square feet subject to a cap of $500,000, commencing on (a) with respect to the Largest Tenant, Global Food of Oxenhill Inc. (“Global Food”), February 29, 2028, or (b) with respect to another tenant that is occupying at least 15,000 square feet at the mortgaged property, the date that is 30 months prior to the expiration of such tenant’s lease.

 

With respect to Loan No. 22, Sunrise Shopping Center, at origination, $500,000 was deposited to the Global Food of Oxenhill Inc. Reserve, which amount will be available to Global Food on September 1, 2025, provided that Global Food is not in default under its lease and has remained open for the first five years of its lease. In the case that Global Food is in default or has not remained open during the first five years of its lease, until such time as Global Food cures its default, such amount will be applied to the Anchor Tenant TI/LC Reserve.

 

With respect to Loan No. 25, Polly’s Country Market, the borrower is required to deposit into the tenant improvements and leasing commissions reserve account an amount equal to $2,076.50 until (i) the lender has received reasonable satisfactory evidence that such Specified Tenant has extended or renewed its lease for its entire space leased for a term of no less than five years beyond the maturity date (with Specified Tenant not having any early termination rights) and pursuant to lease terms reasonably acceptable to the lender, so long as the rent amount is greater than or equal to the current rent and (ii) such Specified Tenant is in occupancy of its respective space, open for business and paying full and unabated rent. “Specified Tenant” means Polly's Food Service, Inc., and any replacement tenant occupying all or a portion of the space occupied by Polly’s Country Market at the Mortgaged Property.

 

With respect to Loan No. 28, Best Western Plus Executive Inn, in accordance with the mortgage loan documents, based on the annual operating statements at the mortgaged property, the lender may, in January of each calendar year, adjust the Monthly Replacement / FF&E Reserve ($) monthly deposit, initially estimated at $6,741, to be the greater of (a) 1/12th of 5% of the underwritten revenue for the prior calendar year and (b) the amount required pursuant to the terms of the franchise agreement, provided that from and after the date that lender has received evidence reasonably satisfactory to the lender that the borrower has spent no less than $300,000 towards completion of PIP work, the 5% of underwritten revenue figure contemplated above would reduce to 4%.

 

With respect to Loan No. 28, Best Western Plus Executive Inn, the mortgage loan documents require a springing Other Reserve deposit, if, at any time, any additional PIP work is required by the franchisor under the franchise/membership agreement, within 60 days after receipt of notice from the franchisor with respect to such PIP work, in an amount equal to 125% of the estimated costs to complete such additional PIP work minus the then current balance of the monthly CapEx/FF&E Reserve.

 

(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. 1, Danbury Fair Mall, for so long as no trigger period is continuing, the Replacement Reserve Cap ($) for capital expenditures is equal to twenty-four (24) times the required monthly deposit.

 

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With respect to Loan No. 1, Danbury Fair Mall, for so long as no trigger period is continuing, the TI/LC Cap ($) for approved leasing costs incurred after the origination date is equal to twenty-four (24) times the required monthly deposit.

 

(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. 2, 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. 5, Axis Apartments, the sixth through tenth floors of the mortgaged property, which the borrower sponsors are converting from office space to 101 residential units, is subject to a lease agreement between the borrower, as landlord, and Sonder Hospitality USA Inc. (“Sonder”), as tenant, that has a six-year term that expires in 2030 with two, three-year renewal options. When complete, the space will represent approximately 14.1% of the multifamily component of the mortgaged property, and Sonder is expected to sublease the units to individual tenants. The Sonder lease represents approximately 19.0% of underwritten base rent. Sonder is not yet in occupancy of its leased premises. Sonder is expected to commence occupancy following completion of certain landlord work required by such tenant’s lease which is expected to cost approximately $28,636,849 (including certain buildout and related work to convert the leased premises from commercial space into multifamily units), which landlord work has been divided into two phases, with the first phase scheduled to be completed on or before June 30, 2024 and the second phase scheduled to be completed on or before August 14, 2024. The estimated commencement date of the Sonder lease is August 16, 2024. Following commencement of the Sonder lease, Sonder will be in a rent abatement period and is not required to begin paying rent until the fifth calendar month of the lease term. In the event the borrower fails to complete either the first phase or the second phase by the foregoing scheduled completion dates, Sonder will receive a further abatement of rent equal to one day of rent for each day that the delivery of either phase is delayed beyond such scheduled completion dates for the first 30 days of such delay, which abatement will increase to two days of rent for each day that the delivery of either the first phase or the second phase is delayed beyond thirty days following the applicable scheduled completion date. There can be no assurance that Sonder will accept its improvements, that Sonder’s lease will commence or that Sonder will take possession of the leased premises and begin paying rent as expected or at all.

 

With respect to Loan No. 10, Lincoln City Outlet Center, the Second Largest Tenant, Columbia Sportswear, leases two spaces at the Lincoln City Outlet Center Property totaling 13,806 square feet. Columbia Sportswear leases 8,694 square feet pursuant to a lease expiring in September 2027. Columbia Sportswear may terminate its lease for 8,694 square feet upon 60 days’ written notice to the landlord if gross sales during any lease year are less than $100 per square foot, equal to $869,400; provided the termination notice is given to the landlord within 120 days of the borrower’s receipt of Columbia Sportswear’s annual statement of gross sales. Columbia Sportswear also leases 5,112 square feet pursuant to a lease expiring December 31, 2024 via Columbia Brands USA, LLC, which is an affiliate entity of Columbia Sportswear.

 

With respect to Loan No. 10, Lincoln City Outlet Center, the Fourth Largest Tenant, Scout Northwest Trading Co., has 7,570 square feet that expires on April 30, 2028 and 4,860 square feet that expires on February 28, 2025.

 

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

 

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

 

With respect to Loan No. 5, Axis Apartments, the Sonder lease represents approximately 19.0% of underwritten base rent. Sonder is not yet in occupancy of its leased premises. Sonder is expected to commence occupancy following completion of certain landlord work required by such tenant’s lease which is expected to cost approximately $28,636,849 (including certain buildout and related work to convert the leased premises from commercial space into multifamily units), which landlord work has been divided into two phases, with the first phase scheduled to be completed on or before June 30, 2024 and the second phase scheduled to be completed on or before August 14, 2024. The estimated commencement date of the Sonder lease is August 16, 2024. In the event the borrower fails to deliver either the first phase by October 28, 2024 or the second phase by December 12, 2024, Sonder will have the right to terminate its lease without payment of a termination penalty by providing 45 days’ prior written notice to the landlord. There can be no assurance that Sonder will accept its improvements, that Sonder's

 

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lease will commence or that Sonder will take possession of the leased premises and begin paying rent as expected or at all.

 

With respect to Loan No. 7, 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. 8, Monroe Street Retail, the Largest Tenant, Target, leases its space pursuant to a ground lease.

 

With respect to Loan No. 8, Monroe Street Retail, the Fifth Largest Tenant, O'Reilly Auto Parts has signed its lease and is expected to commence paying rent on December 1, 2024, the date which the tenant is expected to open for business. All applicable tenant improvements, leasing commissions and gap rent through and including December 2024 were escrowed upfront in connection with the origination of the mortgage loan.

 

With respect to Loan No. 12, Medlock Crossing, the Second Largest Tenant, Nara Cuisine & Lounge, may terminate its lease effective as of May 31, 2026 by notifying the borrower at least 12 months prior to the termination date. According to the borrower, Nara Cuisine & Lounge is looking to assign its lease to a new tenant (restaurant operator).

 

(24)With respect to Loan No. 2, 60 Hudson, there is no non-recourse carveout guarantor or environmental indemnitor separate from the borrower.

 

With respect to Loan No. 3, Fayette Pavilion, the borrower sponsor and non-recourse guarantor is Dr. Hardam S. Azad, while Kathleen D. Miles is an additional non-recourse carveout guarantor whose liability is limited to the Miles Fayette LLC borrowing entity and affiliates.

 

With respect to Loan No. 4, Tekni-Plex Industrial Portfolio, only the single purpose entity borrower, and not the non-recourse carveout guarantor, has liability under the environmental indemnity. The non-recourse carveout guaranty does not cover environmental matters.

 

With respect to Loan No. 7, 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 nonrecourse 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. 11, 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 entity of which CalPERS owns, directly or indirectly, at least fifty percent (50%) of the capital and profits (“CalPERS Investor”) (or an affiliate of SPG LP, Simon Inc., IMI, CalPERS or CalPERS Investor) is a non-recourse carveout guarantor, the non-recourse carveout guarantor’s aggregate liability, is limited to 20% of the outstanding principal balance of the Mortgage Loan at such time, plus all of the reasonable out-of-pocket costs and expenses (including court costs and reasonable attorneys’ fees) incurred by the related lender in the enforcement of the related guaranty or the preservation of such lender’s rights under such guaranty. 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. 12 Medlock Crossing, with respect to any losses sustained as a result of any material physical waste of the Mortgaged Property by the borrower or the guarantor or any of their agents, principals, or representatives, the mortgage loan documents provide that recourse will be limited, in each case to the extent that borrower is in receipt of sufficient gross revenues from the Mortgaged Property to prevent such loss. Additionally, the non-recourse carveout guarantor, Hamilton TFC LLC, is an entity controlled by Avram Glazer as trustee for the Avram Glazer Irrevocable Exempt Trust u/a/d August 22, 2006. The guarantor’s net worth consists of approximately 90,000 shares in Manchester United PLC, which as of the origination date was worth approximately $1,950,000.

 

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With respect to Loan No. 19, Nameoki Commons, the Third Largest Tenant, Club Fitness (Pennmark), is an affiliate of the borrower sponsors.

 

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

 

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

 

With respect to Loan. No. 15, Contour Windows Industrial, there was no lockbox account established at the time of the Mortgage Loan’s origination date; however, the related borrower is required to set up a lockbox account within ten days of the Mortgage Loan’s origination date.

 

(27)With respect to Loan. No. 15, Contour Windows Industrial, the Contour Windows Industrial mortgage loan documents permit the related borrower to enter into a fee in lieu of taxes (“FILOT”) agreement with Pickens County, South Carolina (“Pickens County”), provided that such FILOT agreement is in form and substance acceptable to the lender. The borrower is in process of negotiating a FILOT agreement with Pickens County, which is expected to provide a tax assessment ratio of 6.0%. According to the appraisal, the projected FILOT annual payment would be $288,571 (which is equal to the product of (i) the as completed appraised value of the mortgaged property, (ii) 6.0% tax assessment, and (iii) a millage rate of 262.1). Historically, a property classified as manufacturing in Pickens County was subject to a tax assessment of 10.5%. In June 2022, however, the South Carolina General Assembly passed legislation reducing the fair market value of property classified as manufacturing. With such legislative reduction, property classified as manufacturing in Pickens County is now subject to a tax assessment ratio of 6.0%. Accordingly, the mortgaged property is currently subject to a tax assessment ratio of 6.0% pursuant to the statutory reduction, which is the same tax assessment ratio as anticipated under the FILOT agreement. The FILOT agreement is expected to have a term not to exceed 20 years and will begin on the last day of the calendar year that the mortgaged property is “placed into service”, but no later than two years from the effective date of the FILOT agreement. The appraised value of the mortgaged property assumes, among other things, that (i) the improvements at the mortgaged property have been completed and the mortgaged property is occupied to a point of economic stabilization and market occupancy by May 15, 2024 and (ii) the FILOT agreement will be ratified in the version assumed to be the final version in the appraisal. There can be no assurance that the FILOT agreement will not have any material changes from what has been assumed in the appraisal or that it will be ratified by Pickens County. Taxes for the mortgaged property were underwritten to the projected FILOT annual payment of $288,572 set forth in the appraisal based on the “Prospective Value Upon Completion” of $18,350,000. The actual taxes for the mortgaged property are $19,377, which is based on a fair market value of $1,232,100 as determined by the most recent tax assessment of the mortgaged property.

 

(28)With respect to Loan No. 20, Good Hotels Denver, upon the occurrence of a material tenant trigger event, the term of the master lease between the borrower as landlord and an affiliate of the guarantor as master tenant for the 10,096 square foot ground floor and basement retail space (the “Material Tenant Space”) at the mortgaged property will commence. The master lease will expire on March 6, 2031 and have an annual base rent of $350,000 plus reimbursements of 65.0% of the real estate taxes associated with, and the utilities used at or supplied to, the mortgaged property. The master lease is guaranteed by the guarantor. The master tenant may not enter into any sublease without the prior written consent of the lender, and the master lease may not be assigned, surrendered, terminated, cancelled, changed, amended, supplemented or otherwise modified without the lender’s prior written consent. Higher Power Entertainment LLC (“Higher Power”) currently leases the Material Tenant Space for a two-year term that commenced on January 8, 2023 and expires on January 8, 2025, with one, three-year renewal option remaining. Higher Power has a current annual base rent of $300,000 on a triple net basis plus reimbursements of 65.0% of the real estate taxes associated with, and the utilities used at or supplied to, the mortgaged property. In addition, Higher Power pays 7.0% of the gross sales during the lease term.

 

(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, Tekni-Plex Industrial Portfolio, a property condition report was not obtained for the 910 Vision Drive mortgaged property because the improvements at the mortgaged property are still under construction.

 

With respect to Loan No. 8, Monroe Street Retail, Sources: Other Sources ($) consists of seller credits provided in connection with the acquisition of the mortgaged property.

 

With respect to Loan No. 13, BJ’s Saratoga Springs, the UW Revenue is the average rent over the remaining lease term (which lease term includes annual lesser of CPI increase or 2% rent bumps).

 

With respect to Loan No. 14, BJ’s Mooresville, the UW Revenue is the average rent over the remaining lease term (which lease term includes annual lesser of CPI increase or 2% rent bumps).

 

With respect to Loan No. 21, 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. 28, Best Western Plus Executive Inn, the mortgaged property is affiliated with the Hotel Franchise Flag Best Western International, Inc. via a “membership agreement” instead of a franchise agreement, as is customary for Best Western hotels. The membership agreement automatically renews annually and is generally only terminable if the owner fails to pay its annual membership fee or otherwise defaults under the membership agreement.

 

With respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the residential cooperative Mortgage Loans sold to the trust, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor or is shown same as the borrower in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the residential cooperative Mortgage Loans sold to the trust and is, instead, reflected as not applicable (NAP). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI ($), Second Most Recent NOI ($), Third Most Recent NOI ($), and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the residential cooperative Mortgage Loans sold to the trust. In addition, see "Certain Characteristics of Mortgage Loans Secured by Residential Cooperatives" with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow.

 

The Coop - Rental Value of a residential cooperative property is the appraised value of such property assuming such property is operated as a multifamily rental property.

 

Coop - Sponsor Units refers to the number of units owned by the original sponsor responsible for the property’s conversion into cooperative ownership. A sponsor may rent its units or opt to market them for sale (either individually or as a whole). Coop - Investor Units refers to a bulk number of units owned by a non-tenant investor(s), who can rent or sell the units. Coop - Coop Units refers to the number of units owned by the borrower, which is a cooperative corporation. In this capacity, the cooperative may manage its units as an investor would or use the units for the benefit of its cooperative members. Coop – Unsold Percent refers to the ratio of the total number of units collectively owned by the original sponsor, a non-tenant investor or the cooperative corporation to the number of units with shares allocated. Coop - Sponsor/Investor Carry is the sponsor’s or the investor’s net cash flow calculated by subtracting maintenance charges on the sponsor or investor owned units from the actual rents payable on such units, to the extent available.

 

With respect to the residential cooperative mortgage loans, the Underwritten Economic Occupancy (%) reported reflects the property vacancy assumption in the related appraisal for purposes of determining the Appraised Value of the related Mortgaged Property as a multifamily rental property (i.e., the Coop - Rental Value).

 

The Whole Loan Cut-off Date Balance ($), Whole Loan Monthly Debt Service ($), Whole Loan Underwritten NCF DSCR (x), Whole Loan Underwritten NOI Debt Yield (%) and, Whole Loan Cut-off Date LTV Ratio (%) for the mortgage loans secured by residential cooperative properties that have existing subordinate secured debt are calculated assuming (i) that interest on the subordinate secured indebtedness is accruing pursuant to the applicable

 

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loan document (with the applicable interest rate determined using the Prime Rate in effect as of February 28, 2024 and giving effect to any applicable interest rate floor) and (ii) that the subordinate secured indebtedness has been fully advanced and the entire amount thereof is outstanding as of the Cut-off Date.

 

(31)With respect to Loan No. 5, Axis Apartments, the increase in Underwritten Net Operating Income ($) of more than 10% over the Most Recent NOI ($) is due to the borrower sponsors converting former vacant office space into 101 residential units on floors six through 10 of the Axis Apartments mortgaged property.

 

(32)With respect to Loan No. 3, Fayette Pavilion, the borrowers own the related mortgaged property as tenants–in–common.

 

With respect to Loan No. 29, Tennessee RV Park, the borrowers own the related mortgaged property as tenants–in–common.

 

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