0001888524-26-007823.txt : 20260428 0001888524-26-007823.hdr.sgml : 20260428 20260428134327 ACCESSION NUMBER: 0001888524-26-007823 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20260417 0001541480 0001549574 FILED AS OF DATE: 20260428 DATE AS OF CHANGE: 20260428 ABS ASSET CLASS: Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: BBCMS Mortgage Trust 2024-5C31 CENTRAL INDEX KEY: 0002044180 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] ORGANIZATION NAME: Office of Structured Finance FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-276033-06 FILM NUMBER: 26906227 BUSINESS ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-412-4000 MAIL ADDRESS: STREET 1: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 10-D 1 bcr24c31_10d-202604.htm bcr24c31_10d-202604.htm - Generated by SEC Publisher for SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 10-D

ASSET BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from:   March 18, 2026 to April 17, 2026

Commission File Number of issuing entity:  333-276033-06

Central Index Key Number of issuing entity:  0002044180

BBCMS Mortgage Trust 2024-5C31
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:  333-276033

Central Index Key Number of depositor:  0001541480

Barclays Commercial Mortgage Securities LLC
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001549574

Barclays Capital Real Estate Inc.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001548405

Starwood Mortgage Capital LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001541294

German American Capital Corporation
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001968416

Argentic Real Estate Finance 2 LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001701238

Citi Real Estate Funding Inc.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0000927971

Bank of Montreal
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001089877

KeyBank National Association
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0000109380

Zions Bancorporation, National Association
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001755531

Societe Generale Financial Corporation
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001931347

Greystone Commercial Mortgage Capital LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):  0001592182

LMF Commercial, LLC
(Exact name of sponsor as specified in its charter)

Daniel Schmidt (212) 526-7000
(Name and telephone number, including area code, of the person to contact in connection with this filing)

New York
(State or other jurisdiction of incorporation or organization of the issuing entity)

38-7343890
38-7343891
(I.R.S. Employer Identification No.)

c/o Computershare Trust Company, N.A.
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)

(667) 786-1992
(Telephone number, including area code)

Not Applicable
(Former name, former address, if changed since last report)

 

Registered/reporting pursuant to (check one)

Title of Class

Section 12(b)

Section 12(g)

Section 15(d)

Name of Exchange (If Section 12(b))

A-1

     

     

  X  

     

A-2

     

     

  X  

     

A-3

     

     

  X  

     

X-A

     

     

  X  

     

A-S

     

     

  X  

     

B

     

     

  X  

     

C

     

     

  X  

     

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes   X   No      

Part I - DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On April 17, 2026 a distribution was made to holders of the certificates issued by BBCMS Mortgage Trust 2024-5C31.

The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.

No assets securitized by Barclays Commercial Mortgage Securities LLC (the "Depositor") and held by BBCMS Mortgage Trust 2024-5C31 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period from March 18, 2026 to April 17, 2026.

The Depositor filed its most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Exchange Act (a "Rule 15Ga-1 Form ABS-15G") on March 13, 2026. The CIK number for the Depositor is 0001541480.

Barclays Capital Real Estate Inc. filed its most recent Rule 15Ga-1 Form ABS-15G on February 13, 2026. The CIK number for Barclays Capital Real Estate Inc. is 0001549574.

Starwood Mortgage Capital LLC filed its most recent Rule 15Ga-1 Form ABS-15G on February 12, 2026. The CIK number for Starwood Mortgage Capital LLC is 0001548405.

German American Capital Corporation filed its most recent Rule 15Ga-1 Form ABS-15G on February 13, 2026. The CIK number for German American Capital Corporation is 0001541294.

Argentic Real Estate Finance 2 LLC filed its most recent Rule 15Ga-1 Form ABS-15G on January 21, 2026. The CIK number for Argentic Real Estate Finance 2 LLC is 0001968416.

Citi Real Estate Funding Inc. filed its most recent Rule 15Ga-1 Form ABS-15G on February 10, 2026. The CIK number for Citi Real Estate Funding Inc. is 0001701238.

Bank of Montreal filed its most recent Rule 15Ga-1 Form ABS-15G on February 11, 2026. The CIK number for Bank of Montreal is 0000927971.

KeyBank National Association filed its most recent Rule 15Ga-1 Form ABS-15G on February 3, 2026. The CIK number for KeyBank National Association is 0001089877.

Zions Bancorporation, National Association filed its most recent Rule 15Ga-1 Form ABS-15G on January 5, 2026. The CIK number for Zions Bancorporation, National Association is 0000109380.

Societe Generale Financial Corporation filed its most recent Rule 15Ga-1 Form ABS-15G on February 17, 2026. The CIK number for Societe Generale Financial Corporation is 0001755531.

Greystone Commercial Mortgage Capital LLC filed its most recent Rule 15Ga-1 Form ABS-15G on January 8, 2026. The CIK number for Greystone Commercial Mortgage Capital LLC is 0001931347.

LMF Commercial, LLC filed its most recent Rule 15Ga-1 Form ABS-15G on February 13, 2026. The CIK number for LMF Commercial, LLC is 0001592182.

Item 1A. Asset-Level Information.

ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on April 28, 2026 under Commission File No. 333-276033-06 and incorporated by reference herein).

ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on April 28, 2026 under Commission File No. 333-276033-06 and incorporated by reference herein).

Part II - OTHER INFORMATION

Item 9. Other Information.

Midland Loan Services, A Division of PNC Bank, National Association, in its capacity as Master Servicer for BBCMS Mortgage Trust 2024-5C31, affirms the following amounts in the respective accounts:

Collection Account

  Prior Distribution Date

03/17/2026

$34,000.00

  Current Distribution Date

04/17/2026

$55,000.00

 

REO Account

  Prior Distribution Date

03/17/2026

$0.00

  Current Distribution Date

04/17/2026

$0.00

 

Computershare Trust Company, N.A., in its capacity as Certificate Administrator for BBCMS Mortgage Trust 2024-5C31, affirms the following amounts in the respective accounts:

Distribution Account

  Prior Distribution Date

03/17/2026

$7,327.76

  Current Distribution Date

04/17/2026

$8,112.74

 

Interest Reserve Account

  Prior Distribution Date

03/17/2026

$0.00

  Current Distribution Date

04/17/2026

$0.00

 

 

Gain-on-Sale Reserve Account

  Prior Distribution Date

03/17/2026

$0.00

  Current Distribution Date

04/17/2026

$0.00

 

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Report on Form 10-D:

(99.1) Monthly report distributed to holders of the certificates issued by BBCMS Mortgage Trust 2024-5C31, relating to the April 17, 2026 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Barclays Commercial Mortgage Securities LLC
(Depositor)

 

/s/ Daniel Schmidt
Daniel Schmidt, Authorized Signatory

Date: April 28, 2026

 

 

EX-99.1 2 bcr24c31_ex991-202604.htm bcr24c31_ex991-202604.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

04/17/26

BBCMS Mortgage Trust 2024-5C31

Determination Date:

04/13/26

 

Next Distribution Date:

05/15/26

 

Record Date:

03/31/26

Commercial Mortgage Pass-Through Certificates

 

 

Series 2024-5C31

 

         

Table of Contents

 

 

Contacts

 

Section

Pages

Role

Party and Contact Information

 

Certificate Distribution Detail

2

Depositor

Barclays Commercial Mortgage Securities LLC

 

Certificate Factor Detail

3

 

Attention: General Contact

RRcmbs@barclays.com;

 

 

 

 

SPLegalNotices@barclays.com

Certificate Interest Reconciliation Detail

4

 

745 Seventh Avenue | New York, NY 10019 | United States

 

Additional Information

5

Master Servicer

Midland Loan Services, a Division of PNC Bank, National

 

Bond / Collateral Reconciliation - Cash Flows

6

 

Association

 

 

 

 

Attention: Executive Vice President – Division Head

NoticeAdmin@midlandls.com

Bond / Collateral Reconciliation - Balances

7

 

 

 

 

 

 

10851 Mastin Street, Building 82, Suite 300 | Overland Park, KS 66210 | United States

 

Current Mortgage Loan and Property Stratification

8-12

Special Servicer

LNR Partners, LLC

 

Mortgage Loan Detail (Part 1)

13-14

 

Heather Bennett and Job Warshaw

hbennett@starwood.com; jwarshaw@lnrpartners.com

Mortgage Loan Detail (Part 2)

15-16

 

 

and lnr.cmbs.notices@lnrproperty.com

 

 

 

2340 Collins Avenue, Suite 700 | Miami Beach, FL 33139 | United States

 

Principal Prepayment Detail

17

 

 

 

 

 

Certificate Administrator

Computershare Trust Company, N.A.

 

Historical Detail

18

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Delinquency Loan Detail

19

 

 

trustadministrationgroup@computershare.com

Collateral Stratification and Historical Detail

20

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

 

 

Trustee

Computershare Trust Company, N.A.

 

Specially Serviced Loan Detail - Part 1

21

 

 

 

 

 

 

Corporate Trust Services (CMBS)

cctcmbsbondadmin@computershare.com;

Specially Serviced Loan Detail - Part 2

22

 

 

trustadministrationgroup@computershare.com

Modified Loan Detail

23

 

9062 Old Annapolis Road | Columbia, MD 21045 | United States

 

Historical Liquidated Loan Detail

24

Operating Advisor & Asset

Pentalpha Surveillance LLC

 

 

 

Representations Reviewer

 

 

Historical Bond / Collateral Loss Reconciliation Detail

25

 

Attention: BBCMS 2024-5C31 Transaction Manager

notices@pentalphasurveillance.com

Interest Shortfall Detail - Collateral Level

26

 

501 John James Audubon Parkway, Suite 401 | Amherst, NY 14228 | United States

 

Supplemental Notes

27

Directing Certificateholder

LNR Securities Holdings, LLC

 

 

 

 

-

 

 

This report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.

Please visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for email notification when special notices are posted. For information or assistance please call 866-846-4526.

   

© 2021 Computershare. All rights reserved. Confidential.

Page 1 of 27

 


 

 

                         

 

 

 

 

Certificate Distribution Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

Original

 

 

Pass-Through

 

 

Principal

Interest

Prepayment

 

 

 

Credit

Credit

Class

CUSIP

Rate (2)

Original Balance                                     Beginning Balance

Distribution

Distribution

Penalties

Realized Losses                   Total Distribution            Ending Balance

Support¹        Support¹

 

A-1

07336YAA3

4.876000%

676,000.00

509,806.49

9,830.71

2,071.51

0.00

0.00

11,902.22

499,975.78

30.01%

30.00%

A-2

07336YAB1

5.137000%

103,762,000.00

103,762,000.00

0.00

444,187.83

0.00

0.00

444,187.83

103,762,000.00

30.01%

30.00%

A-3

07336YAC9

5.609000%

506,308,000.00

506,308,000.00

0.00

2,366,567.98

0.00

0.00

2,366,567.98

506,308,000.00

30.01%

30.00%

A-S

07336YAD7

5.852000%

97,065,000.00

97,065,000.00

0.00

473,353.65

0.00

0.00

473,353.65

97,065,000.00

18.88%

18.88%

B

07336YAE5

6.002000%

41,444,000.00

41,444,000.00

0.00

207,289.07

0.00

0.00

207,289.07

41,444,000.00

14.13%

14.13%

C

07336YAF2

5.756000%

37,081,000.00

37,081,000.00

0.00

177,865.20

0.00

0.00

177,865.20

37,081,000.00

9.88%

9.88%

D

07336YAR6

4.250000%

18,540,000.00

18,540,000.00

0.00

65,662.50

0.00

0.00

65,662.50

18,540,000.00

7.75%

7.75%

E

07336YAT2

4.250000%

8,725,000.00

8,725,000.00

0.00

30,901.04

0.00

0.00

30,901.04

8,725,000.00

6.75%

6.75%

F

07336YAV7

4.250000%

16,359,000.00

16,359,000.00

0.00

57,938.13

0.00

0.00

57,938.13

16,359,000.00

4.88%

4.88%

G

07336YAX3

4.250000%

10,907,000.00

10,907,000.00

0.00

38,628.96

0.00

0.00

38,628.96

10,907,000.00

3.63%

3.63%

H-RR*

07336YAZ8

6.808929%

31,628,000.00

31,628,000.00

0.00

179,443.07

0.00

0.00

179,443.07

31,628,000.00

0.00%

0.00%

R

07336YBB0

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

872,495,000.00

872,328,806.49

9,830.71

4,043,908.94

0.00

0.00

4,053,739.65

872,318,975.78

 

 

 

 

X-A

07336YAG0

1.280753%

610,746,000.00

610,579,806.49

0.00

651,668.34

0.00

0.00

651,668.34

610,569,975.78

 

 

X-B

07336YAH8

0.941799%

175,590,000.00

175,590,000.00

0.00

137,808.67

0.00

0.00

137,808.67

175,590,000.00

 

 

X-D

07336YAK1

2.558929%

27,265,000.00

27,265,000.00

0.00

58,141.01

0.00

0.00

58,141.01

27,265,000.00

 

 

X-F

07336YAM7

2.558929%

16,359,000.00

16,359,000.00

0.00

34,884.60

0.00

0.00

34,884.60

16,359,000.00

 

 

X-G

07336YAP0

2.558929%

10,907,000.00

10,907,000.00

0.00

23,258.54

0.00

0.00

23,258.54

10,907,000.00

 

 

Notional SubTotal

 

840,867,000.00

840,700,806.49

0.00

905,761.16

0.00

0.00

905,761.16

840,690,975.78

 

 

 

Deal Distribution Total

 

 

 

9,830.71

4,949,670.10

0.00

0.00

4,959,500.81

 

 

 

 

*

Denotes the Controlling Class (if required)

 

 

 

 

 

 

 

 

 

 

(1)

Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and

 

dividing the result by (A).

 

 

 

 

 

 

 

 

 

 

 

(2)

Pass-Through Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in

 

the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

 

 

 

 

 

 

 

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

 

Page 2 of 27

 


 

 

                     

 

 

 

 

Certificate Factor Detail

 

 

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

 

 

 

Interest Shortfalls

Interest

 

 

 

 

Class

CUSIP

Beginning Balance

Principal Distribution

Interest Distribution

/ (Paybacks)

Shortfalls

Prepayment Penalties

     Losses

Total Distribution

Ending Balance

Regular Certificates

 

 

 

 

 

 

 

 

 

A-1

07336YAA3

754.15161243

14.54247041

3.06436391

0.00000000

0.00000000

0.00000000

0.00000000

17.60683432

739.60914201

A-2

07336YAB1

1,000.00000000

0.00000000

4.28083335

0.00000000

0.00000000

0.00000000

0.00000000

4.28083335

1,000.00000000

A-3

07336YAC9

1,000.00000000

0.00000000

4.67416667

0.00000000

0.00000000

0.00000000

0.00000000

4.67416667

1,000.00000000

A-S

07336YAD7

1,000.00000000

0.00000000

4.87666667

0.00000000

0.00000000

0.00000000

0.00000000

4.87666667

1,000.00000000

B

07336YAE5

1,000.00000000

0.00000000

5.00166659

0.00000000

0.00000000

0.00000000

0.00000000

5.00166659

1,000.00000000

C

07336YAF2

1,000.00000000

0.00000000

4.79666676

0.00000000

0.00000000

0.00000000

0.00000000

4.79666676

1,000.00000000

D

07336YAR6

1,000.00000000

0.00000000

3.54166667

0.00000000

0.00000000

0.00000000

0.00000000

3.54166667

1,000.00000000

E

07336YAT2

1,000.00000000

0.00000000

3.54166648

0.00000000

0.00000000

0.00000000

0.00000000

3.54166648

1,000.00000000

F

07336YAV7

1,000.00000000

0.00000000

3.54166697

0.00000000

0.00000000

0.00000000

0.00000000

3.54166697

1,000.00000000

G

07336YAX3

1,000.00000000

0.00000000

3.54166682

0.00000000

0.00000000

0.00000000

0.00000000

3.54166682

1,000.00000000

H-RR

07336YAZ8

1,000.00000000

0.00000000

5.67355097

0.00055679

0.01780890

0.00000000

0.00000000

5.67355097

1,000.00000000

R

07336YBB0

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

07336YAG0

999.72788441

0.00000000

1.06700386

0.00000000

0.00000000

0.00000000

0.00000000

1.06700386

999.71178817

X-B

07336YAH8

1,000.00000000

0.00000000

0.78483211

0.00000000

0.00000000

0.00000000

0.00000000

0.78483211

1,000.00000000

X-D

07336YAK1

1,000.00000000

0.00000000

2.13244123

0.00000000

0.00000000

0.00000000

0.00000000

2.13244123

1,000.00000000

X-F

07336YAM7

1,000.00000000

0.00000000

2.13244086

0.00000000

0.00000000

0.00000000

0.00000000

2.13244086

1,000.00000000

X-G

07336YAP0

1,000.00000000

0.00000000

2.13244155

0.00000000

0.00000000

0.00000000

0.00000000

2.13244155

1,000.00000000

 

 

 

 

© 2021 Computershare. All rights reserved. Confidential.

 

 

 

 

 

 

Page 3 of 27

 


 

 

                         

 

 

 

 

Certificate Interest Reconciliation Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Additional

 

 

 

 

 

 

 

Accrued

Net Aggregate

Distributable

Interest

 

Interest

 

 

 

 

 

Accrual

Prior Interest

Certificate

Prepayment

Certificate

Shortfalls /

Payback of Prior

Distribution

Interest

Cumulative

 

Class

Accrual Period

Days

Shortfalls

Interest

Interest Shortfall

Interest

(Paybacks)

Realized Losses

Amount

Distribution

Interest Shortfalls

 

A-1

03/01/26 - 03/30/26

30

0.00

2,071.51

0.00

2,071.51

0.00

0.00

0.00

2,071.51

0.00

 

A-2

03/01/26 - 03/30/26

30

0.00

444,187.83

0.00

444,187.83

0.00

0.00

0.00

444,187.83

0.00

 

A-3

03/01/26 - 03/30/26

30

0.00

2,366,567.98

0.00

2,366,567.98

0.00

0.00

0.00

2,366,567.98

0.00

 

X-A

03/01/26 - 03/30/26

30

0.00

651,668.34

0.00

651,668.34

0.00

0.00

0.00

651,668.34

0.00

 

X-B

03/01/26 - 03/30/26

30

0.00

137,808.67

0.00

137,808.67

0.00

0.00

0.00

137,808.67

0.00

 

X-D

03/01/26 - 03/30/26

30

0.00

58,141.01

0.00

58,141.01

0.00

0.00

0.00

58,141.01

0.00

 

X-F

03/01/26 - 03/30/26

30

0.00

34,884.60

0.00

34,884.60

0.00

0.00

0.00

34,884.60

0.00

 

X-G

03/01/26 - 03/30/26

30

0.00

23,258.54

0.00

23,258.54

0.00

0.00

0.00

23,258.54

0.00

 

A-S

03/01/26 - 03/30/26

30

0.00

473,353.65

0.00

473,353.65

0.00

0.00

0.00

473,353.65

0.00

 

B

03/01/26 - 03/30/26

30

0.00

207,289.07

0.00

207,289.07

0.00

0.00

0.00

207,289.07

0.00

 

C

03/01/26 - 03/30/26

30

0.00

177,865.20

0.00

177,865.20

0.00

0.00

0.00

177,865.20

0.00

 

D

03/01/26 - 03/30/26

30

0.00

65,662.50

0.00

65,662.50

0.00

0.00

0.00

65,662.50

0.00

 

E

03/01/26 - 03/30/26

30

0.00

30,901.04

0.00

30,901.04

0.00

0.00

0.00

30,901.04

0.00

 

F

03/01/26 - 03/30/26

30

0.00

57,938.13

0.00

57,938.13

0.00

0.00

0.00

57,938.13

0.00

 

G

03/01/26 - 03/30/26

30

0.00

38,628.96

0.00

38,628.96

0.00

0.00

0.00

38,628.96

0.00

 

H-RR

03/01/26 - 03/30/26

30

542.57

179,460.68

0.00

179,460.68

17.61

0.00

0.00

179,443.07

563.26

 

Totals

 

 

542.57

4,949,687.71

0.00

4,949,687.71

17.61

0.00

0.00

4,949,670.10

563.26

 

 

 

 

 

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Page 4 of 27

 


 

 

     

 

Additional Information

 

Total Available Distribution Amount (1)

4,959,500.81

 

(1) The Available Distribution Amount includes any Prepayment Premiums.

 

 

 

 

 

 

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Page 5 of 27

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

4,962,404.50

Master Servicing Fee

2,823.80

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

8,112.66

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

375.59

ARD Interest

0.00

Operating Advisor Fee

1,179.34

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

225.35

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

4,962,404.50

Total Fees

12,716.74

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

9,830.71

Reimbursement for Interest on Advances

17.61

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

0.00

Collection of Principal after Maturity Date

0.00

Special Servicing Fees (Liquidation)

0.00

Recoveries From Liquidations and Insurance Proceeds

0.00

Special Servicing Fees (Work Out)

0.00

Excess of Prior Principal Amounts Paid

0.00

Legal Fees

0.00

Curtailments

0.00

Rating Agency Expenses

0.00

Principal Adjustments

0.00

Taxes Imposed on Trust Fund

0.00

 

 

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

9,830.71

Total Expenses/Reimbursements

17.61

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

4,949,670.10

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

9,830.71

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Initial Interest Deposit Amount

0.00

Borrower Option Extension Fees

0.00

 

Total Other Collected

0.00

Total Payments to Certificateholders and Others

4,959,500.81

Total Funds Collected

4,972,235.21

Total Funds Distributed

4,972,235.16

 

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Page 6 of 27

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

     Total

 

         Total

Beginning Scheduled Collateral Balance

872,328,806.49

872,328,806.49

Beginning Certificate Balance

872,328,806.49

(-) Scheduled Principal Collections

9,830.71

9,830.71

(-) Principal Distributions

9,830.71

(-) Unscheduled Principal Collections

0.00

0.00

(-) Realized Losses

0.00

(-) Principal Adjustments (Cash)

0.00

0.00

Realized Loss and Realized Loss Adjustments on Collateral

0.00

(-) Principal Adjustments (Non-Cash)

0.00

0.00

Current Period NRA¹

0.00

(-) Realized Losses from Collateral

0.00

0.00

Current Period WODRA¹

0.00

(-) Other Adjustments²

0.00

0.00

Principal Used to Pay Interest

0.00

 

 

 

 

Non-Cash Principal Adjustments

0.00

Ending Scheduled Collateral Balance

872,318,975.78

872,318,975.78

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

872,328,806.49

872,328,806.49

Ending Certificate Balance

872,318,975.78

Ending Actual Collateral Balance

872,318,975.78

872,318,975.78

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                        Principal

(WODRA) from Principal

Beginning UC / (OC)

0.00

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

0.00

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

6.81%

 

 

 

 

UC / (OC) Interest

0.00

(1)

Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.

 

 

 

(2)

Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.

 

 

 

**

A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

 

 

 

 

 

 

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Page 7 of 27

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Scheduled Balance

 

 

 

 

 

Debt Service Coverage Ratio¹

 

 

 

 

Scheduled

# Of

Scheduled

% Of

 

 

Weighted Avg

Debt Service Coverage

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Balance

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Ratio

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

9,999,999 or less

20

119,361,108.00

13.68%

43

6.8597

1.640492

1.29 or less

10

275,675,975.78

31.60%

43

6.6178

1.104260

10,000,000 to 14,999,999

7

86,613,975.78

9.93%

43

6.7223

1.748901

1.30 to 1.49

13

140,420,000.00

16.10%

43

7.0664

1.375400

15,000,000 to 19,999,999

3

52,500,000.00

6.02%

43

7.5221

1.728667

1.50 to 1.79

12

198,083,000.00

22.71%

43

6.1829

1.687164

20,000,000 to 29,999,999

11

257,191,892.00

29.48%

43

6.4701

2.220357

1.80 to 1.99

2

58,000,000.00

6.65%

44

6.8427

1.907586

30,000,000 to 39,999,999

2

65,500,000.00

7.51%

43

6.7033

1.281438

2.00 to 2.49

8

97,640,000.00

11.19%

43

6.9533

2.119170

40,000,000 to 54,999,999

5

225,152,000.00

25.81%

43

6.3895

2.812383

2.50 or more

4

102,500,000.00

11.75%

43

6.2982

6.163171

 

55,000,000 or greater

1

66,000,000.00

7.57%

44

6.4400

0.830000

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

 

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is

 

used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 8 of 27

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

State

 

 

 

WAM²

WAC

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Property Type

 

 

 

WAM²

WAC

 

 

 

 

 

 

 

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

California

3

88,000,000.00

10.09%

44

6.7284

2.067273

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Industrial

2

13,470,000.00

1.54%

44

7.3770

1.451463

Colorado

2

9,095,047.62

1.04%

43

5.4540

1.284914

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lodging

1

34,000,000.00

3.90%

44

7.6430

2.000000

Florida

2

37,976,190.48

4.35%

43

6.5354

1.238696

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mixed Use

5

104,550,000.00

11.99%

42

6.6916

2.012731

Georgia

2

36,275,595.42

4.16%

42

7.2063

2.558114

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mobile Home Park

2

10,876,000.00

1.25%

43

7.1293

1.429857

Illinois

1

5,066,666.67

0.58%

43

5.1797

1.220000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Multi-Family

19

294,832,975.79

33.80%

43

6.6212

1.173713

Indiana

1

14,400,000.00

1.65%

44

7.3620

1.340296

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office

3

88,450,000.00

10.14%

44

6.7363

2.023618

Kentucky

1

40,000,000.00

4.59%

43

6.8400

1.690000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

1

4,800,000.00

0.55%

39

6.8200

1.340000

Louisiana

2

5,400,000.00

0.62%

44

7.0213

1.356389

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail

18

297,640,000.01

34.12%

43

6.3346

3.049374

Maryland

1

12,000,000.00

1.38%

42

6.4050

1.500000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Self Storage

4

23,700,000.00

2.72%

43

6.7598

1.198797

Massachusetts

4

75,000,000.00

8.60%

43

6.4278

2.214667

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

55

872,318,975.78

100.00%

43

6.6062

2.041720

Michigan

2

47,359,000.00

5.43%

43

6.6733

1.176528

 

 

 

 

 

 

 

 

Mississippi

1

22,000,000.00

2.52%

44

7.1650

1.080000

 

 

 

 

 

 

 

 

New Jersey

1

9,900,000.00

1.13%

43

6.3200

1.010000

 

 

 

 

 

 

 

 

New York

15

258,467,904.55

29.63%

44

6.1894

2.740132

 

 

 

 

 

 

 

 

Ohio

1

6,970,475.82

0.80%

44

6.4000

8.190000

 

 

 

 

 

 

 

 

Oregon

1

22,000,000.00

2.52%

43

6.8800

1.620000

 

 

 

 

 

 

 

 

Pennsylvania

1

34,000,000.00

3.90%

44

7.6430

2.000000

 

 

 

 

 

 

 

 

Tennessee

3

16,747,619.05

1.92%

44

6.7520

1.565721

 

 

 

 

 

 

 

 

Texas

7

86,860,476.19

9.96%

43

6.9232

1.354042

 

 

 

 

 

 

 

 

Virginia

3

36,400,000.00

4.17%

43

6.6678

1.365797

 

 

 

 

 

 

 

 

Washington

1

8,400,000.00

0.96%

43

7.1100

1.320000

 

 

 

 

 

 

 

 

Totals

55

872,318,975.78

100.00%

43

6.6062

2.041720

 

 

 

 

 

 

 

 

 

Note: Please refer to footnotes on the next page of the report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 9 of 27

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

Note Rate

 

 

 

 

 

Seasoning

 

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

Note Rate

 

 

 

WAM²

WAC

 

Seasoning

 

 

 

WAM²

WAC

 

 

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

5.99900 or less

6

135,500,000.00

15.53%

43

5.4362

1.835277

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

6.00000 to 6.49900

5

152,900,000.00

17.53%

44

6.4125

4.023080

13 months to 24 months

49

872,318,975.78

100.00%

43

6.6062

2.041720

 

6.50000 to 6.99900

21

379,298,975.78

43.48%

43

6.7362

1.632198

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

7.00000 to 7.49900

14

164,850,000.00

18.90%

43

7.1908

1.348400

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

 

7.50000 or greater

3

39,770,000.00

4.56%

44

7.6745

1.907146

 

 

 

 

 

 

 

 

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

 

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 27

 


 

 

                             

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

Anticipated Remaining Term (ARD and Balloon Loans)

 

 

 

Remaining Amortization Term (ARD and Balloon Loans)

 

 

 

Anticipated

# Of

Scheduled

% Of

 

 

Weighted Avg

Remaining

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

 

WAM²

WAC

 

 

Remaining Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Amortization Term

Loans

Balance

Agg. Bal.

 

 

DSCR¹

 

57 months or less

49

872,318,975.78

100.00%

43

6.6062

2.041720

Interest Only

48

858,495,000.00

98.42%

43

6.6004

2.054308

58 months to 59 months

0

0.00

0.00%

0

0.0000

0.000000

359 months or less

1

13,823,975.78

1.58%

44

6.9700

1.260000

 

60 months or greater

0

0.00

0.00%

0

0.0000

0.000000

360 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

 

 

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Page 11 of 27

 


 

 

                         

 

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

Age of Most Recent NOI

 

 

 

 

Remaining Stated Term (Fully Amortizing Loans)

 

 

Age of Most

# Of

Scheduled

% Of

 

 

Weighted Avg

Age of Most

# Of

Scheduled

% Of

Weighted Avg

 

 

 

 

 

WAM²

WAC

 

 

 

 

WAM²

WAC

 

Recent NOI

Loans

Balance

Agg. Bal.

 

 

DSCR¹

Recent NOI

Loans

Balance

Agg. Bal.

DSCR¹

Underwriter's Information

4

62,650,000.00

7.18%

44

6.8557

1.363159

 

 

No outstanding loans in this group

 

 

Totals

49

872,318,975.78

100.00%

43

6.6062

2.041720

 

 

 

 

 

 

(1)

Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document

 

is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.

 

 

(2)

Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.

 

 

 

(3)

Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the

 

CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split

 

loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the

 

balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

 

 

 

 

 

 

 

 

 

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Page 12 of 27

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                 Anticipated           Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

   City

State

Type

Rate

Interest

Principal

Adjustments             Repay Date

Date

Date

Balance

Balance

Date

1A-1-1

30511467

RT

Elmhurst

NY

Actual/360

5.370%

231,208.33

0.00

0.00

N/A

11/06/29

--

50,000,000.00

50,000,000.00

04/06/26

1A-4-1-1

30511484

 

 

 

Actual/360

5.370%

46,241.67

0.00

0.00

N/A

11/06/29

--

10,000,000.00

10,000,000.00

04/06/26

1A-4-6

30511489

 

 

 

Actual/360

5.370%

115,604.17

0.00

0.00

N/A

11/06/29

--

25,000,000.00

25,000,000.00

04/06/26

2

30322819

MF

Brooklyn

NY

Actual/360

6.440%

366,006.67

0.00

0.00

N/A

12/06/29

--

66,000,000.00

66,000,000.00

04/06/26

3A-1

30322820

RT

Various

Various

Actual/360

6.400%

221,546.67

0.00

0.00

N/A

12/01/29

--

40,200,000.00

40,200,000.00

04/01/26

3A-2

30322821

 

 

 

Actual/360

6.400%

136,675.56

0.00

0.00

N/A

12/01/29

--

24,800,000.00

24,800,000.00

04/01/26

4

30322824

OF

San Diego

CA

Actual/360

6.800%

304,488.89

0.00

0.00

N/A

12/06/29

--

52,000,000.00

52,000,000.00

04/06/26

5

30322825

MF

Kalamazoo

MI

Actual/360

6.650%

245,959.86

0.00

0.00

N/A

11/01/29

--

42,952,000.00

42,952,000.00

04/01/26

6A-2

30511556

RT

Lexington

KY

Actual/360

6.840%

235,600.00

0.00

0.00

N/A

11/06/29

--

40,000,000.00

40,000,000.00

04/06/26

7

30322826

MF

Tallahassee

FL

Actual/360

6.630%

202,675.42

0.00

0.00

N/A

11/06/29

--

35,500,000.00

35,500,000.00

04/06/26

8A-1

30322827

LO

Pittsburgh

PA

Actual/360

7.643%

111,885.03

0.00

0.00

N/A

12/06/29

--

17,000,000.00

17,000,000.00

04/06/26

8A-2

30322828

 

 

 

Actual/360

7.643%

111,885.03

0.00

0.00

N/A

12/06/29

--

17,000,000.00

17,000,000.00

04/06/26

9A-1-1

30511319

MU

Atlanta

GA

Actual/360

7.375%

139,028.72

0.00

0.00

N/A

10/06/29

--

21,891,892.00

21,891,892.00

03/06/26

9A-14-1

30511332

 

 

 

Actual/360

7.375%

25,520.07

0.00

0.00

N/A

10/06/29

--

4,018,469.00

4,018,469.00

03/06/26

9A-15-1

30511333

 

 

 

Actual/360

7.375%

25,972.05

0.00

0.00

N/A

10/06/29

--

4,089,639.00

4,089,639.00

03/06/26

10A-2

30511359

OF

Boston

MA

Actual/360

6.567%

50,894.25

0.00

0.00

N/A

11/06/29

--

9,000,000.00

9,000,000.00

04/06/26

10A-3-1

30511360

 

 

 

Actual/360

6.567%

50,894.25

0.00

0.00

N/A

11/06/29

--

9,000,000.00

9,000,000.00

04/06/26

10A-5

30511362

 

 

 

Actual/360

6.567%

33,929.50

0.00

0.00

N/A

11/06/29

--

6,000,000.00

6,000,000.00

04/06/26

10A-6-1

30511363

 

 

 

Actual/360

6.567%

33,929.50

0.00

0.00

N/A

11/06/29

--

6,000,000.00

6,000,000.00

04/06/26

11A-2

30511536

MF

Houston

TX

Actual/360

6.790%

175,408.33

0.00

0.00

N/A

12/06/29

--

30,000,000.00

30,000,000.00

04/06/26

12

30322829

RT

McKinney

TX

Actual/360

6.740%

150,901.11

0.00

0.00

N/A

11/06/29

--

26,000,000.00

26,000,000.00

04/06/26

13

30511583

MF

New York

NY

Actual/360

7.040%

154,586.67

0.00

0.00

N/A

12/06/29

--

25,500,000.00

25,500,000.00

04/06/26

14A-2

30511147

MU

Watertown

MA

Actual/360

5.795%

124,753.47

0.00

0.00

N/A

09/01/29

--

25,000,000.00

25,000,000.00

04/01/26

15

30322830

MU

Oxnard

CA

Actual/360

6.545%

132,445.35

0.00

0.00

N/A

11/06/29

--

23,500,000.00

23,500,000.00

04/06/26

16

30511527

RT

Bend

OR

Actual/360

6.880%

130,337.78

0.00

0.00

N/A

11/06/29

--

22,000,000.00

22,000,000.00

04/06/26

17

30322831

RT

Meridian

MS

Actual/360

7.165%

135,736.94

0.00

0.00

N/A

12/06/29

--

22,000,000.00

22,000,000.00

04/06/26

18

30322832

RT

Manassas

VA

Actual/360

6.680%

123,672.78

0.00

0.00

N/A

11/06/29

--

21,500,000.00

21,500,000.00

04/06/26

19A-3-2

30322833

MF

Various

Various

Actual/360

5.180%

89,206.12

0.00

0.00

N/A

11/06/29

--

20,000,000.00

20,000,000.00

04/06/26

 

 

 

 

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Page 13 of 27

 


 

 

                               

 

 

 

 

 

 

Mortgage Loan Detail (Part 1)

 

 

 

 

 

 

 

 

 

 

 

Interest

 

 

 

 

 

Original

Adjusted

Beginning

Ending

Paid

 

 

Prop

 

 

Accrual

Gross

Scheduled

Scheduled

Principal                Anticipated          Maturity

Maturity

Scheduled

Scheduled

Through

Pros ID

Loan ID

Type

    City

State

Type

Rate

Interest

Principal

Adjustments             Repay Date

Date

Date

Balance

Balance

Date

20A-2

30322835

Various     Lawrence

MA

Actual/360

7.010%

83,000.35

0.00

0.00

N/A

12/06/29

--

13,750,000.00

13,750,000.00

04/06/26

20A-6

30322839

 

 

 

Actual/360

7.010%

37,727.43

0.00

0.00

N/A

12/06/29

--

6,250,000.00

6,250,000.00

04/06/26

21

30322844

MF

Houston

TX

Actual/360

7.300%

116,293.06

0.00

0.00

N/A

09/06/29

--

18,500,000.00

18,500,000.00

04/06/26

22

30322845

MF

Indianapolis

IN

Actual/360

7.362%

91,288.80

0.00

0.00

N/A

12/06/29

--

14,400,000.00

14,400,000.00

04/06/26

23

30322846

MF

Bronx

NY

Actual/360

6.970%

83,029.74

9,830.71

0.00

N/A

12/06/29

--

13,833,806.49

13,823,975.78

04/06/26

24

30322847

MU

Culver City

CA

Actual/360

6.775%

72,925.35

0.00

0.00

N/A

11/06/29

--

12,500,000.00

12,500,000.00

04/06/26

25

30322848

MF

Hagerstown

MD

Actual/360

6.405%

66,185.00

0.00

0.00

N/A

10/06/29

--

12,000,000.00

12,000,000.00

04/06/26

26

30322849

RT

Monsey

NY

Actual/360

6.730%

58,764.12

0.00

0.00

N/A

10/06/29

--

10,140,000.00

10,140,000.00

04/06/26

27

30511447

SS

Sicklerville

NJ

Actual/360

6.320%

53,878.00

0.00

0.00

N/A

11/06/29

--

9,900,000.00

9,900,000.00

04/06/26

28

30322850

MH

Moneta

VA

Actual/360

7.170%

58,037.17

0.00

0.00

N/A

11/01/29

--

9,400,000.00

9,400,000.00

04/01/26

29

30322851

SS

Spokane

WA

Actual/360

7.110%

51,429.00

0.00

0.00

N/A

11/01/29

--

8,400,000.00

8,400,000.00

04/01/26

30

30322852

IN

Hermitage

TN

Actual/360

7.015%

46,513.35

0.00

0.00

N/A

12/06/29

--

7,700,000.00

7,700,000.00

04/06/26

31

30322853

MF

Brooklyn

NY

Actual/360

6.870%

36,973.96

0.00

0.00

N/A

12/06/29

--

6,250,000.00

6,250,000.00

03/06/26

32

30511530

RT

Madison

TN

Actual/360

7.213%

37,267.17

0.00

0.00

N/A

12/06/29

--

6,000,000.00

6,000,000.00

04/06/26

33

30322854

IN

Forney

TX

Actual/360

7.860%

39,053.28

0.00

0.00

N/A

12/06/29

--

5,770,000.00

5,770,000.00

04/06/26

34

30322855

MF

Blacksburg

VA

Actual/360

5.762%

27,289.47

0.00

0.00

N/A

10/06/29

--

5,500,000.00

5,500,000.00

04/06/26

35

30322856

98

Garland

TX

Actual/360

6.820%

28,189.33

0.00

0.00

N/A

07/01/29

--

4,800,000.00

4,800,000.00

04/01/26

36

30322857

MF

Holland

MI

Actual/360

6.900%

26,184.93

0.00

0.00

N/A

11/01/29

--

4,407,000.00

4,407,000.00

04/01/26

37

30511525

SS

Shreveport

LA

Actual/360

7.230%

18,366.21

0.00

0.00

N/A

12/06/29

--

2,950,000.00

2,950,000.00

04/06/26

38

30322858

SS

Lake Charles

LA

Actual/360

6.770%

14,282.82

0.00

0.00

N/A

12/06/29

--

2,450,000.00

2,450,000.00

04/06/26

39

30322859

MH

Rifle

CO

Actual/360

6.870%

8,731.77

0.00

0.00

N/A

11/01/29

--

1,476,000.00

1,476,000.00

04/01/26

Totals

 

 

 

 

 

 

4,962,404.50

9,830.71

0.00

 

 

 

872,328,806.49

872,318,975.78

 

1 Property Type Codes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HC - Health Care

MU - Mixed Use

WH - Warehouse

MF - Multi-Family

 

 

 

 

 

 

 

 

SS - Self Storage

LO - Lodging

RT - Retail

 

SF - Single Family Rental

 

 

 

 

 

 

 

 

98 - Other

 

IN - Industrial

OF - Office

 

MH - Mobile Home Park

 

 

 

 

 

 

 

 

SE - Securities

CH - Cooperative Housing

ZZ - Missing Information/Undefined

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 14 of 27

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent             Most Recent        Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

1A-1-1

0.00

51,477,520.23

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-4-1-1

0.00

51,477,520.23

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

1A-4-6

0.00

51,477,520.23

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2

0.00

907,146.07

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-1

0.00

10,895,920.54

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A-2

0.00

10,895,920.54

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4

0.00

7,232,282.23

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5

0.00

3,405,081.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A-2

0.00

11,950,620.84

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7

0.00

3,021,566.05

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A-1

0.00

6,267,637.50

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A-2

0.00

6,267,637.50

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9A-1-1

0.00

28,230,307.38

01/01/25

12/31/25

--

0.00

0.00

138,981.60

138,981.60

0.00

0.00

 

 

9A-14-1

0.00

28,230,307.38

01/01/25

12/31/25

--

0.00

0.00

25,511.41

25,511.41

0.00

0.00

 

 

9A-15-1

0.00

28,230,307.38

01/01/25

12/31/25

--

0.00

0.00

25,963.25

25,963.25

0.00

0.00

 

 

10A-2

0.00

16,473,474.84

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-3-1

0.00

16,473,474.84

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-5

0.00

16,473,474.84

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A-6-1

0.00

16,473,474.84

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11A-2

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

0.00

2,732,806.79

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13

0.00

2,331,193.16

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14A-2

15,638,354.50

14,746,896.65

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15

0.00

3,356,709.52

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16

0.00

2,693,433.46

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17

0.00

1,977,773.80

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

0.00

1,868,788.64

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19A-3-2

0.00

39,863,284.35

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 15 of 27

 


 

 

                           

 

 

 

 

 

Mortgage Loan Detail (Part 2)

 

 

 

 

 

 

 

 

 

Most Recent              Most Recent       Appraisal

 

 

 

 

Cumulative

Current

 

 

 

Most Recent

Most Recent

NOI Start

NOI End

Reduction

Appraisal

Cumulative

Current P&I

Cumulative P&I

Servicer

NRA/WODRA

 

 

Pros ID

Fiscal NOI

NOI

Date

Date

Date

Reduction Amount

ASER

Advances

Advances

Advances

from Principal

Defease Status

 

20A-2

0.00

9,565,878.09

10/01/24

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20A-6

0.00

9,565,878.09

10/01/24

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

0.00

1,717,643.87

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

22

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23

0.00

1,410,207.58

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

0.00

2,427,547.27

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

0.00

1,562,878.35

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

619,756.18

650,368.97

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

0.00

1,313,886.67

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

0.00

807,202.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

0.00

862,490.45

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

31

0.00

0.00

--

--

--

0.00

0.00

36,960.51

36,960.51

0.00

0.00

 

 

32

0.00

835,794.09

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

0.00

683,565.18

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

573,378.74

568,495.88

10/01/24

06/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

0.00

446,200.00

10/01/24

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

0.00

516,885.33

01/01/25

09/30/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

0.00

298,500.53

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

0.00

233,882.98

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

0.00

171,227.00

01/01/25

12/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

16,831,489.42

469,070,613.16

 

 

 

0.00

0.00

227,416.77

227,416.77

0.00

0.00

 

 

 

 

 

 

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Page 16 of 27

 


 

 

           

 

 

 

Principal Prepayment Detail

 

 

 

 

 

Unscheduled Principal

Prepayment Penalties

Pros ID

Loan Number

Amount

Prepayment / Liquidation Code

Prepayment Premium Amount

Yield Maintenance Amount

 

 

 

No principal prepayments this period

 

 

Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

 

 

 

 

 

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Page 17 of 27

 


 

 

                                           

 

 

 

 

 

 

 

 

Historical Detail

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Delinquencies¹

 

 

 

 

 

 

Prepayments

 

 

Rate and Maturities

 

 

            30-59 Days

 

          60-89 Days

 

        90 Days or More

 

       Foreclosure

 

           REO

 

    Modifications

 

 

         Curtailments

 

   Payoff

 

Next Weighted Avg.

 

Distribution

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

#

      Balance

#

       Balance

#

      Balance

#

       Balance

#

       Balance

#

    Balance

 

#

         Amount

#

 Amount

 

Coupon

Remit

WAM¹

Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

04/17/26

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606212%

6.589282%

43

03/17/26

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606216%

6.589286%

44

02/18/26

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606223%

6.589294%

45

01/16/26

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606227%

6.589298%

46

12/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606231%

6.589302%

47

11/18/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606236%

6.589307%

48

10/20/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606240%

6.589311%

49

09/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606245%

6.589316%

50

08/15/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606249%

6.589320%

51

07/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606253%

6.589324%

52

06/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606258%

6.589329%

53

05/16/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

0

0.00

0

0.00

 

6.606262%

6.589333%

54

(1) Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 18 of 27

 


 

 

                                 

 

 

 

 

 

 

Delinquency Loan Detail

 

 

 

 

 

 

 

 

 

 

Paid

 

Mortgage

 

 

Outstanding

 

Servicing

Resolution

 

 

 

 

 

 

Through

Months

Loan

 

Current P&I

Outstanding P&I

Servicer

                       Actual Principal

Transfer

Strategy

Bankruptcy

Foreclosure

 

Pros ID

Loan ID

Date

Delinquent

Status¹

Advances

Advances

Advances

                       Balance

Date

Code²

 

Date

Date

REO Date

9A-1-1

30511319

03/06/26

0

B

 

138,981.60

138,981.60

0.00

 

21,891,892.00

 

 

 

 

 

 

9A-14-1

30511332

03/06/26

0

B

 

25,511.41

25,511.41

0.00

 

4,018,469.00

 

 

 

 

 

 

9A-15-1

30511333

03/06/26

0

B

 

25,963.25

25,963.25

0.00

 

4,089,639.00

 

 

 

 

 

 

31

30322853

03/06/26

0

B

 

36,960.51

36,960.51

0.00

 

6,250,000.00

 

 

 

 

 

 

Totals

 

 

 

 

 

227,416.77

227,416.77

0.00

 

36,250,000.00

 

 

 

 

 

 

1 Mortgage Loan Status

 

 

 

 

 

 

 

2 Resolution Strategy Code

 

 

 

 

 

 

A - Payment Not Received But Still in Grace Period 0 - Current

 

4 - Performing Matured Balloon

 

 

1 - Modification

 

6 - DPO

 

 

10 - Deed in Lieu of Foreclosures

B - Late Payment But Less Than 30 days

1 - 30-59 Days Delinquent

5 - Non Performing Matured Balloon

 

2 - Foreclosure

 

7 - REO

 

 

11- Full Payoff

 

Delinquent

 

 

 

 

 

 

 

 

3 - Bankruptcy

 

8 - Resolved

 

 

12 - Reps and Warranties

 

 

 

2 - 60-89 Days Delinquent

6 - 121+ Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4 - Extension

 

9 - Pending Return to Master Servicer

13 -

TBD

 

 

 

 

3 - 90-120 Days Delinquent

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5 - Note Sale

 

98 - Other

 

 

 

 

 

 

 

 

 

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Page 19 of 27

 


 

 

                 

 

 

 

 

Collateral Stratification and Historical Detail

 

Maturity Dates and Loan Status¹

 

 

 

 

 

 

 

 

 

           Total

         Performing

 Non-Performing

      REO/Foreclosure

 

 

Past Maturity

 

0

0

0

 

 

0

 

0 - 6 Months

 

0

0

0

 

 

0

 

7 - 12 Months

 

0

0

0

 

 

0

 

13 - 24 Months

 

0

0

0

 

 

0

 

25 - 36 Months

 

0

0

0

 

 

0

 

37 - 48 Months

 

872,318,976

872,318,976

0

 

 

0

 

49 - 60 Months

 

0

0

0

 

 

0

 

> 60 Months

 

0

0

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

      Total

    Current

    30-59 Days

   60-89 Days

90+ Days

 

REO/Foreclosure

 

 

Apr-26

872,318,976

872,318,976

0

0

0

 

0

 

Mar-26

872,328,806

872,328,806

0

0

0

 

0

 

Feb-26

872,346,576

872,346,576

0

0

0

 

0

 

Jan-26

872,356,242

872,356,242

0

0

0

 

0

 

Dec-25

872,365,850

872,365,850

0

0

0

 

0

 

Nov-25

872,378,073

872,378,073

0

0

0

 

0

 

Oct-25

872,387,552

872,387,552

0

0

0

 

0

 

Sep-25

872,399,649

872,399,649

0

0

0

 

0

 

Aug-25

872,408,999

872,408,999

0

0

0

 

0

 

Jul-25

872,418,292

872,418,292

0

0

0

 

0

 

Jun-25

872,430,212

872,430,212

0

0

0

 

0

 

May-25

872,439,379

872,439,379

0

0

0

 

0

 

(1) Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

 

 

 

 

 

 

 

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Page 20 of 27

 


 

 

                     

 

 

 

Specially Serviced Loan Detail - Part 1

 

 

 

 

 

 

Ending Scheduled

 

 

 

Net Operating

 

 

 

Remaining

Pros ID

Loan ID

Balance

Actual Balance

Appraisal Value

Appraisal Date

Income

DSCR

DSCR Date

Maturity Date

Amort Term

 

 

 

 

No specially serviced loans this period

 

 

 

 

 

 

 

 

 

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Page 21 of 27

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

 

 

 

 

 

No specially serviced loans this period

 

 

1 Property Type Codes

 

 

 

 

2 Resolution Strategy Code

 

 

HC - Health Care

 

MU - Mixed Use

WH - Warehouse

1 - Modification

6 - DPO

10 - Deed in Lieu of Foreclosures

MF - Multi-Family

 

SS - Self Storage

LO - Lodging

2 - Foreclosure

7 - REO

11- Full Payoff

RT - Retail

 

SF - Single Family Rental

98 - Other

3 - Bankruptcy

8 - Resolved

12 - Reps and Warranties

IN - Industrial

 

OF - Office

 

MH - Mobile Home Park

4 - Extension

9 - Pending Return to Master Servicer

13 - TBD

SE - Securities

 

CH - Cooperative Housing

ZZ - Missing Information/Undefined

5 - Note Sale

98 - Other

 

 

 

 

 

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Page 22 of 27

 


 

 

                 

 

 

 

 

Modified Loan Detail

 

 

 

 

 

 

Pre-Modification

Post-Modification

 

Modification

Modification

 

 

 

 

 

Modification

Modification Booking

Closing

Effective

 

 

         Balance

Rate

       Balance

Rate

 

 

 

Pros ID

Loan Number

 

 

 

Code¹

Date

Date

Date

 

 

 

 

No modified loans this period

 

 

 

1 Modification Codes

 

 

 

 

 

 

 

1 - Maturity Date Extension

5 - Temporary Rate Reduction

8 - Other

 

 

 

 

 

2 - Amortization Change

6 - Capitalization on Interest

9 - Combination

 

 

 

 

 

3 - Principal Write-Off

7 - Capitalization on Taxes

10 - Forbearance

 

 

 

 

 

 

Note: Please refer to Servicer Reports for modification comments.

 

 

 

 

 

 

 

 

 

 

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Page 23 of 27

 


 

 

                       

 

 

 

Historical Liquidated Loan Detail

 

 

 

 

 

Loan

 

Gross Sales

 

 

 

 

Current

 

Loss to Loan

Percent of

 

Beginning

Most Recent

Proceeds or

Fees,

Net Proceeds

Net Proceeds

 

Period

Cumulative

with

Original

           Loan

Scheduled

Appraised

Other

Advances,

Received on

Available for

Realized Loss

Adjustment to

Adjustment to

Cumulative

Loan

Pros ID¹            Number               Dist.Date

Balance

Value or BPO

Proceeds

and Expenses

Liquidation

Distribution

to Loan

Loan

Loan

Adjustment

Balance

 

 

 

 

No liquidated loans this period

 

 

 

 

 

Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

 

 

 

 

 

 

 

 

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Page 24 of 27

 


 

 

                     

 

 

 

Historical Bond / Collateral Loss Reconciliation Detail

 

 

 

 

 

 

Certificate

Reimb of Prior

 

 

 

 

 

 

 

 

 

Interest Paid

Realized Losses

 

Loss Covered by

 

 

 

 

Total Loss

 

 

from Collateral

from Collateral

Aggregate

Credit

Loss Applied to

Loss Applied to

Non-Cash

Realized Losses

Applied to

        Loan

Distribution

Principal

Interest

Realized Loss to

Support/Deal

Certificate

Certificate

Principal

from

Certificate

Pros ID          Number

Date

Collections

Collections

Loan

Structure

Interest Payment

Balance

Adjustment

NRA/WODRA

Balance

 

 

 

 

 

No realized losses this period

 

 

 

 

 

 

 

 

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Page 25 of 27

 


 

 

                         

 

 

 

Interest Shortfall Detail - Collateral Level

 

 

 

 

 

 

 

 

Special Servicing Fees

 

 

 

 

 

 

 

Modified

 

 

Deferred

 

 

 

 

 

Non-

 

Reimbursement of

Other

Interest

 

Interest

Interest

 

 

 

 

 

Recoverable

Interest on

Advances from

Shortfalls /

Reduction /

Pros ID

Adjustments

Collected

       Monthly

Liquidation

Work Out

      ASER

PPIS / (PPIE)

Interest

Advances

Interest

(Refunds)

(Excess)

15

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.10

0.00

0.00

0.00

26

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

(14.24)

0.00

0.00

0.00

31

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

31.75

0.00

0.00

0.00

Total

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

17.61

0.00

0.00

0.00

Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.

 

 

Collateral Shortfall Total

 

17.61

 

 

 

 

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Page 26 of 27

 


 

 

     

 

Supplemental Notes

 

 

None

 

 

 

 

 

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Page 27 of 27

 

EX-102 3 exh_102.xml Prospectus Loan ID 1 1 03-12-2026 04-13-2026 German American Capital Corporation, Bank of Montreal 10-28-2024 85000000.00000000 60 11-06-2029 0 .05370000 .05370000 3 1 60 12-06-2024 true 1 PP 3 380375.00000000 85000000.00000000 1 1 1 5 true true true false false 01-05-2027 05-05-2029 05-05-2029 .00000000 .00000000 Queens Center 90-15 Queens Boulevard Elmhurst NY 11373 Queens RT 412033 412033 1973 2004 1060000000.00000000 MAI 09-19-2024 1060000000.00000000 09-19-2024 MAI .95400000 .90470000 6 01-06-2027 N Primark 54237 01-31-2035 ZARA 36463 11-30-2033 H&M 19694 01-31-2035 09-30-2024 01-01-2025 09-30-2025 100774128.00000000 103131561.33340000 47153562.00000000 51654041.10690000 53620566.00000000 51477520.22650000 52532319.00000000 50389273.22650000 UW CREFC 28584062.60590000 1.88000000 1.80090000 1.84000000 1.76280000 F F 12-31-2025 false false 85000000.00000000 393054.17000000 .05370000 .00015670 393054.17000000 .00000000 .00000000 85000000.00000000 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Estate Finance 2 LLC 11-13-2024 52000000.00000000 60 12-06-2029 0 .06800000 .06800000 3 1 60 01-06-2025 true 1 WL 3 .00000000 52000000.00000000 1 1 1 0 true true false false false 06-05-2029 .00000000 .00000000 Highlands Corporate Center 12730-12780 High Bluff Drive San Diego CA 92130 San Diego OF 210176 210130 1984 2015 77000000.00000000 MAI 10-21-2024 77000000.00000000 10-21-2024 MAI .90600000 .82810000 6 01-06-2027 N Keller Williams Realty 13992 08-31-2033 Crosbie Gliner Schiffman Southard & 10726 01-31-2028 Manatt Phelps & Phillips LLP 10567 04-30-2030 08-31-2024 01-01-2025 12-31-2025 11149698.00000000 11079006.67000000 3435983.00000000 3846724.44000000 7713715.00000000 7232282.23000000 7356494.00000000 6875061.23000000 UW CREFC 3585111.12400000 2.15000000 2.01730000 2.05000000 1.91770000 F F 12-31-2025 false false 52000000.00000000 304488.89000000 .06800000 .00015670 304488.89000000 .00000000 .00000000 52000000.00000000 52000000.00000000 04-06-2026 1 false .00000000 .00000000 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.00000000 Prospectus Loan ID 8 1 03-12-2026 04-13-2026 Starwood Mortgage Capital LLC, Greystone Select Company II LLC 11-08-2024 34000000.00000000 60 12-06-2029 0 .07643000 .07643000 3 1 60 01-06-2025 true 1 WL 3 .00000000 34000000.00000000 1 1 1 0 true true true false false 01-05-2027 06-05-2029 06-05-2029 .00000000 .00000000 Sheraton Station Square 300 West Station Square Drive Pittsburgh PA 15219 Allegheny LO 399 1981 2023 62500000.00000000 MAI 10-14-2024 62500000.00000000 10-14-2024 MAI .49800000 .49860000 6 01-06-2027 N 09-30-2024 01-01-2025 12-31-2025 23256662.00000000 24776614.63000000 17795666.00000000 18508977.13000000 5460996.00000000 6267637.50000000 4530729.00000000 5276572.90000000 UW CREFC 2634711.99600000 2.07000000 2.37890000 1.72000000 2.00270000 F F false false 34000000.00000000 223770.06000000 .07643000 .00015670 223770.06000000 .00000000 .00000000 34000000.00000000 34000000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 9 1 03-12-2026 04-13-2026 Bank of Montreal, German American Capital Corporation 10-02-2024 30000000.00000000 60 10-06-2029 0 .07375000 .07375000 3 1 60 11-06-2024 true 1 PP 3 184375.00000000 30000000.00000000 1 1 1 0 true true true false false 01-05-2027 04-05-2029 04-05-2029 .00000000 .00000000 Colony Square 1175 Peachtree Rd NE Atlanta GA 30361 Fulton MU 1085612 1085612 1972 2000 516000000.00000000 MAI 05-24-2024 516000000.00000000 05-24-2024 MAI .82500000 .82780000 6 01-06-2027 N JONES DAY 115000 11-30-2036 RG N -ATLANTA XII, LLC 42273 05-31-2029 WEBMD, LLC 41230 03-31-2028 07-31-2024 01-01-2025 12-31-2025 49913938.00000000 48557688.00000000 19331831.00000000 20327380.62000000 30582107.00000000 28230307.38000000 29266672.00000000 26914872.78000000 UW CREFC 19441319.00000000 1.57000000 1.45210000 1.51000000 1.38440000 F F 12-31-2025 false false 30000000.00000000 190520.84000000 .07375000 .00015670 190520.84000000 .00000000 .00000000 30000000.00000000 30000000.00000000 03-06-2026 1 false 190456.26000000 .00000000 .00000000 B Wells Fargo, NA false .00000000 Prospectus Loan ID 10 1 03-12-2026 04-13-2026 German American Capital Corporation, Bank of Montreal 10-08-2024 30000000.00000000 60 11-06-2029 0 .06567000 .06567000 3 1 60 12-06-2024 true 1 PP 3 164175.00000000 30000000.00000000 1 1 1 10 true true true false false 01-05-2027 08-05-2029 08-05-2029 .00000000 .00000000 125 Summer 125 Summer Street Boston MA 2111 Suffolk OF 489637 489637 1987 2016 167900000.00000000 MAI 07-08-2024 167900000.00000000 07-08-2024 MAI .80700000 .78520000 6 01-06-2027 N Klaviyo 192079 03-31-2028 Haemonetics Corporation 62242 06-30-2032 Analog Devices 45955 12-31-2030 06-30-2024 01-01-2025 12-31-2025 31983144.00000000 30152779.00000000 13572636.00000000 13679304.16000000 18410508.00000000 16473474.84000000 17578125.00000000 15641091.84000000 UW CREFC 6833652.10000000 2.69000000 2.41060000 2.57000000 2.28880000 F F 12-31-2025 false false 30000000.00000000 169647.50000000 .06567000 .00015670 169647.50000000 .00000000 .00000000 30000000.00000000 30000000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 11 1 03-12-2026 04-13-2026 Citi Real Estate Funding Inc. 11-20-2024 30000000.00000000 60 12-06-2029 0 .06790000 .06790000 3 1 60 01-06-2025 true 1 PP 3 .00000000 30000000.00000000 1 1 9 0 true true false false false 06-05-2029 .00000000 .00000000 Verde Apartments 7900 Morely Street, 8601, 8700, 8751, 8915, 8955 Broadway Street, 8801, 8900 and 8950 Glencrest Street Houston TX 77061 Harris MF 2245 1975 127000000.00000000 MAI 10-02-2024 127000000.00000000 10-02-2024 MAI .86800000 6 01-06-2027 N 10-31-2024 20585466.00000000 12879901.00000000 7705565.00000000 7144315.00000000 UW CREFC 1.43000000 1.33000000 F F false false 30000000.00000000 175408.33000000 .06790000 .00015670 175408.33000000 .00000000 .00000000 30000000.00000000 30000000.00000000 04-06-2026 1 false .00000000 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08-08-2024 MAI .94800000 .90860000 6 01-06-2027 N 07-31-2024 01-01-2025 09-30-2025 4836380.00000000 4761063.68000000 2513678.00000000 2429870.51680000 2322702.00000000 2331193.16320000 2266902.00000000 2275393.16320000 UW CREFC 1820133.37200000 1.28000000 1.28080000 1.25000000 1.25010000 F F false false 25500000.00000000 154586.67000000 .07040000 .00015670 154586.67000000 .00000000 .00000000 25500000.00000000 25500000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 14 1 03-12-2026 04-13-2026 Societe Generale Financial Corporation 08-29-2024 25000000.00000000 60 09-01-2029 0 .05795000 .05795000 3 1 60 10-01-2024 true 1 PP 3 120729.17000000 25000000.00000000 1 1 1 0 true true false false false 02-28-2029 .00000000 .00000000 Linx 490 Arsenal Way Watertown MA 2472 Middlesex MU 185015 185015 2018 247000000.00000000 MAI 06-06-2024 247000000.00000000 06-06-2024 MAI 1.00000000 1.00000000 6 01-01-2027 N C4 Therapeutics 111452 03-12-2032 Addgene Inc. 54795 10-31-2028 Tectonic Therapeutic 18768 01-31-2026 06-30-2024 01-01-2025 12-31-2025 18929883.00000000 20793599.19000000 5468726.00000000 6046702.54000000 13461157.00000000 14746896.65000000 13054124.00000000 14339863.65000000 UW CREFC 5522956.88000000 2.44000000 2.67010000 2.36000000 2.59640000 F F 12-31-2025 false false 25000000.00000000 124753.47000000 .05795000 .00015670 124753.47000000 .00000000 .00000000 25000000.00000000 25000000.00000000 04-01-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 15 1 03-12-2026 04-13-2026 Starwood Mortgage Capital LLC 10-09-2024 23500000.00000000 60 11-06-2029 0 .06545000 .06545000 3 1 60 12-06-2024 true 1 WL 3 128172.92000000 23500000.00000000 1 1 1 0 true true true false false 12-05-2025 05-05-2029 05-05-2029 .00000000 .00000000 The Palms Marketplace 2000, 2100,2200,2201 Outlet Center Drive Oxnard CA 93036 Ventura MU 164476 1994 47250000.00000000 MAI 09-05-2024 47250000.00000000 09-05-2024 MAI .99600000 .89910000 6 X CALIFORNIA LUTHERAN UNIVERSITY 23679 08-31-2028 County of Ventura 21173 03-31-2027 CHARTER COLLEGE, LLC 15629 05-31-2030 06-30-2024 01-01-2025 12-31-2025 4727729.00000000 4780267.03000000 1409575.00000000 1423557.51000000 3318154.00000000 3356709.52000000 3120782.00000000 3159338.52000000 UW CREFC 1559437.19000000 2.13000000 2.15250000 2.00000000 2.02590000 F F 12-31-2025 false false 23500000.00000000 132445.35000000 .06545000 .00015670 132445.35000000 .00000000 .00000000 23500000.00000000 23500000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 16 1 03-12-2026 04-13-2026 Citi Real Estate Funding Inc. 11-05-2024 22000000.00000000 60 11-06-2029 0 .06880000 .06880000 3 1 60 12-06-2024 true 1 WL 3 126133.33000000 22000000.00000000 1 1 1 0 true true false false false 05-05-2029 .00000000 .00000000 Bend River Promenade 2940-3188 North Highway 97 Bend OR 97703 Deschutes RT 254047 254025 1979 35800000.00000000 MAI 09-23-2024 35800000.00000000 09-23-2024 MAI .96600000 .97720000 6 01-06-2027 N Macy's Northwest, Inc. 101128 01-31-2029 Hobby Lobby Stores, Inc 63210 01-31-2026 T3MA)0( (Store# 1081040) 28250 05-31-2026 08-31-2024 01-01-2025 12-31-2025 3850386.00000000 3957739.99000000 1235812.00000000 1264306.53000000 2614574.00000000 2693433.46000000 2413750.00000000 2492610.46000000 UW CREFC 1534622.25000000 1.70000000 1.75510000 1.57000000 1.62430000 F F 12-31-2025 false false 22000000.00000000 130337.78000000 .06880000 .00015670 130337.78000000 .00000000 .00000000 22000000.00000000 22000000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 17 1 03-12-2026 04-13-2026 Starwood Mortgage Capital LLC 11-12-2024 22000000.00000000 60 12-06-2029 0 .07165000 .07165000 3 1 60 01-06-2025 true 1 WL 3 .00000000 22000000.00000000 1 1 1 0 true true true false false 01-05-2027 08-05-2029 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Shreveport 2121 West Bert Kouns Industrial Loop Shreveport LA 71118 Caddo Parish SS 30795 363 363 1996 4600000.00000000 MAI 10-19-2024 4600000.00000000 10-19-2024 MAI .85800000 .81267218 6 01-06-2027 N 08-31-2024 01-01-2025 12-31-2025 514893.00000000 558975.88000000 200008.00000000 260475.35000000 314884.00000000 298500.53000000 311805.00000000 295420.53000000 UW CREFC 216247.31100000 1.46000000 1.38040000 1.44000000 1.36610000 F F false false 2950000.00000000 18366.21000000 .07230000 .00015670 18366.21000000 .00000000 .00000000 2950000.00000000 2950000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Midland Loan Services false .00000000 Prospectus Loan ID 38 1 03-12-2026 04-13-2026 Starwood Mortgage Capital LLC 11-12-2024 2450000.00000000 60 12-06-2029 0 .06770000 .06770000 3 1 60 01-06-2025 true 1 WL 3 .00000000 2450000.00000000 1 1 1 0 true true true false false 01-05-2027 07-05-2029 07-05-2029 .00000000 .00000000 Common Street Self Storage 620 15th Street 2215 Common Street Lake Charles LA 70601 Calcasieu Parish SS 61920 541 1975 4210000.00000000 MAI 10-08-2024 4210000.00000000 10-08-2024 MAI .75900000 1.00000000 6 X 09-30-2024 01-01-2025 12-31-2025 449315.00000000 474509.88000000 212962.00000000 240626.90000000 236353.00000000 233882.98000000 227065.00000000 224594.98000000 UW CREFC 168168.68700000 1.41000000 1.39080000 1.35000000 1.33550000 F F false false 2450000.00000000 14282.82000000 .06770000 .00055670 14282.82000000 .00000000 .00000000 2450000.00000000 2450000.00000000 04-06-2026 1 false .00000000 .00000000 .00000000 0 Northmarq false .00000000 Prospectus Loan ID 39 1 03-12-2026 04-13-2026 KeyBank National Association 11-01-2024 1476000.00000000 60 11-01-2029 0 .06870000 .06870000 3 1 60 12-01-2024 true 1 WL 3 8450.10000000 1476000.00000000 1 1 1 5 true true true false false 12-31-2026 05-31-2029 05-31-2029 .00000000 .00000000 Westside MHC 1801 West 2nd Street Rifle CO 81650 Garfield MH 30 1951 2425000.00000000 MAI 08-22-2024 2425000.00000000 08-22-2024 MAI 1.00000000 .82760000 6 X 08-31-2024 01-01-2025 12-31-2025 273862.00000000 303680.00000000 124867.00000000 132453.00000000 148995.00000000 171227.00000000 143955.00000000 166187.00000000 UW CREFC 102810.00000000 1.45000000 1.66550000 1.40000000 1.61640000 F F false false 1476000.00000000 8731.77000000 .06870000 .00024420 8731.77000000 .00000000 .00000000 1476000.00000000 1476000.00000000 04-01-2026 1 false .00000000 .00000000 .00000000 0 KeyBank National Association false .00000000 EX-103 4 exh_103.xml Item 2(c)(1) Originator Name Originator Name for co-originated loans was truncated to only include the originator contributing to the BBCMS 2024-5C31 transaction to meet EDGAR constraints. Item 2(c)(4) Original Term Loan Number For anticipated repayment date mortgage loans: the original term loan number represents the term of the mortgage loan through the anticipated repayment date, rather than the actual Maturity Date. Item 2(c)(15) Loan Structure Code For the mortgage loan identified as Queens Center (Asset Number 1), Tops & Kroger Portfolio (Asset Number 3), Hamburg Pavilion (Asset Number 6), Colony Square (Asset Number 9), 125 Summer (Asset Number 10), Verde Apartments (Asset Number 11), Linx (Asset Number 14), ICONIQ Multifamily Portfolio (Asset Number 19) and Riverwalk West (Asset Number 20), the mortgage loan is evidenced by a senior pari passu notes that is part of a loan combination that consists of senior pari-passu notes and/or one or more subordinate notes. Any other senior pari-passu notes and/or subordinate notes are not included in the trust. Item 2(d)(1) Property Name For mortgage loans that are part of a loan combination, the related mortgaged property secures the entire loan combination, including one or more companion loans not included in the trust. Item 2(d)(8) Net Rentable Square Feet Number For property types where the standard unit of measure is not square feet, this field is left blank. For mortgage loans that are part of a loan combination, net rentable square feet is presented for the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(9) Net Rentable Square Feet Securitization Number For property types where the standard unit of measure is not square feet, this field is left blank. For mortgage loans that are part of a loan combination, the net rentable square feet securitization number is presented for the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(10) Units Beds Rooms Number For mortgage loans that are part of a loan combination, the units beds rooms number relates to the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(11) Units Beds Rooms Securitization Number For mortgage loans that are part of a loan combination, the units beds rooms securitization number relates to the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(14) Valuation Securitization Amount For mortgage loans that are part of a loan combination, the valuation securitization amount relates to the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(20) Physical Occupancy Securitization Percentage The percentage of rentable space is determined based on the applicable unit of measurement provided in 2(d)(9) or 2(d)(11). Item 2(d)(28)(i) Financials Securitization Date For the mortgage loans identified as ABOX Packaging (Asset Number 33) and Lazy Dog Leased Fee (Asset Number 35), the Financials Securitization Date has been left blank as it was not available at the time of securitization. Item 2(d)(28)(iv) Revenue Securitization Amount For mortgage loans that are part of a loan combination, the revenue securitization amount is presented for the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(28)(vi) Operating Expenses Securitization Amount For mortgage loans that are part of a loan combination, the total underwritten operating expenses securitization amount are presented for the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(28)(viii) Net Operating Income Securitization Amount For mortgage loans that are part of a loan combination, the net operating income securitization amount is presented for the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(28)(x) Net Cash Flow Securitization Amount For mortgage loans that are part of a loan combination, the net cash flow securitization amount is presented for the entire mortgaged property that secures the whole loan combination, including one or more companion loans not included in the trust. Item 2(d)(28)(xv) Debt Service Coverage Net Operating Income Securitization Percentage For mortgage loans that are part of a loan combination, the debt service coverage net operating income securitization percentage is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans. Item 2(d)(28)(xvii) Debt Service Coverage Net Cash Flow Securitization Percentage For mortgage loans that are part of a loan combination, the debt service coverage net cash flow securitization percentage is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans. Item 2(e)(6) Servicer Trustee Fee Rate Percentage It should be noted that the rate presented consists of (i) the master servicing fee rate, which includes any primary servicing fee rate payable to an outside servicer (for a loan combination) or other primary servicer, and any subservicing fee rate, (ii) the certificate administrator / trustee fee rate payable to the certificate administrator and the trustee, (iii) the operating advisor fee rate, (iv) the asset representations reviewer fee and (v) the CREFC(R) intellectual property royalty license fee rate.