EX-99.1 2 jpc21b24_ex991-202507.htm jpc21b24_ex991-202507.htm - Generated by SEC Publisher for SEC Filing

 

     

Distribution Date:

07/17/25

Benchmark 2021-B24 Mortgage Trust

Determination Date:

07/11/25

 

Next Distribution Date:

08/15/25

 

Record Date:

06/30/25

Commercial Mortgage Pass-Through Certificates

 

 

Series 2021-B24

 

           

Table of Contents

 

 

Contacts

 

 

Section

Pages

Role

Party and Contact Information

 

 

Certificate Distribution Detail

2-3

Depositor

J.P. Morgan Chase Commercial Mortgage Securities Corp.

 

 

Certificate Factor Detail

4

 

Attention: Kunal K. Singh

 

US_CMBS_Notice@jpmorgan.com

Certificate Interest Reconciliation Detail

5

 

383 Madison Avenue, 8th Floor | New York, NY 10179 | United States

 

 

 

Master Servicer

Midland Loan Services, a Division of PNC Bank, National

 

 

Additional Information

6

 

Association

 

 

Bond / Collateral Reconciliation - Cash Flows

7

 

Executive Vice President – Division Head

(913) 253-9000

NoticeAdmin@midlandls.com

Bond / Collateral Reconciliation - Balances

8

 

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

 

Current Mortgage Loan and Property Stratification

9-13

Special Servicer

Midland Loan Services

 

 

Mortgage Loan Detail (Part 1)

14-15

 

Executive Vice President - Division Head

(913) 253-9001

askmidlandls.com

 

 

 

10851 Mastin Street, Building 82, Suite 700 | Overland Park, KS 66210 | United States

 

Mortgage Loan Detail (Part 2)

16-17

 

 

 

 

 

 

Operating Advisor & Asset

Park Bridge Lender Services LLC

 

 

Principal Prepayment Detail

18

Representations Reviewer

 

 

 

Historical Detail

19

 

Benchmark 2021-B24 - Surveillance Manager

 

cmbs.notices@parkbridgefinancial.com

Delinquency Loan Detail

20

 

600 Third Avenue, 40th Floor | New York, NY 10016 | United States

 

 

 

Directing Certificateholder

Eightfold Real Estate Capital, L.P.

 

 

Collateral Stratification and Historical Detail

21

 

 

 

 

 

 

 

-

 

 

Specially Serviced Loan Detail - Part 1

22

 

 

 

 

Specially Serviced Loan Detail - Part 2

23

 

 

 

 

 

 

Certificate Administrator

Computershare Trust Company, N.A. as agent for Wells Fargo

 

 

Modified Loan Detail

24

 

Bank, N.A.

 

 

Historical Liquidated Loan Detail

25

 

Corporate Trust Services (CMBS)

 

cctcmbsbondadmin@computershare.com;

 

 

 

 

 

trustadministrationgroup@computershare.com

Historical Bond / Collateral Loss Reconciliation Detail

26

 

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

 

 

Interest Shortfall Detail - Collateral Level

27

 

 

 

 

Supplemental Notes

28

 

 

 

 

 

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.

   

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Page 1 of 28

 


 

 

                         

 

 

 

 

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

08163CAY5

0.647600%

11,152,000.00

2,246,590.84

330,404.21

1,212.41

0.00

0.00

331,616.62

1,916,186.63

30.25%

30.00%

A-2

08163CAZ2

1.953300%

73,848,000.00

73,848,000.00

0.00

120,206.08

0.00

0.00

120,206.08

73,848,000.00

30.25%

30.00%

A-3

08163CBA6

2.010300%

81,111,000.00

81,111,000.00

0.00

135,881.20

0.00

0.00

135,881.20

81,111,000.00

30.25%

30.00%

A-4

08163CBB4

2.263800%

213,500,000.00

213,500,000.00

0.00

402,767.75

0.00

0.00

402,767.75

213,500,000.00

30.25%

30.00%

A-5

08163CBC2

2.584300%

365,781,000.00

365,781,000.00

0.00

787,739.87

0.00

0.00

787,739.87

365,781,000.00

30.25%

30.00%

A-SB

08163CBD0

2.255900%

25,562,000.00

25,562,000.00

0.00

48,054.43

0.00

0.00

48,054.43

25,562,000.00

30.25%

30.00%

A-S

08163CBG3

2.779600%

86,732,000.00

86,732,000.00

0.00

200,900.22

0.00

0.00

200,900.22

86,732,000.00

22.31%

22.13%

B

08163CBH1

2.598300%

49,562,000.00

49,562,000.00

0.00

107,314.12

0.00

0.00

107,314.12

49,562,000.00

17.77%

17.63%

C

08163CBJ7

3.293400%

49,561,000.00

49,561,000.00

0.00

136,020.16

0.00

0.00

136,020.16

49,561,000.00

13.24%

13.13%

D

08163CAJ8

2.000000%

31,664,000.00

31,664,000.00

0.00

52,773.33

0.00

0.00

52,773.33

31,664,000.00

10.34%

10.25%

E

08163CAL3

2.000000%

26,158,000.00

26,158,000.00

0.00

43,596.67

0.00

0.00

43,596.67

26,158,000.00

7.94%

7.88%

F

08163CAN9

2.500000%

28,910,000.00

28,910,000.00

0.00

60,229.17

0.00

0.00

60,229.17

28,910,000.00

5.29%

5.25%

G

08163CAQ2

2.500000%

12,391,000.00

12,391,000.00

0.00

25,814.58

0.00

0.00

25,814.58

12,391,000.00

4.16%

4.13%

NR*

08163CAS8

2.500000%

45,431,418.00

45,431,418.00

0.00

79,800.19

0.00

0.00

79,800.19

45,431,418.00

0.00%

0.00%

Class RR

08163CBK4

3.532273%

20,859,855.00

20,691,186.30

6,257.87

60,624.53

0.00

0.00

66,882.40

20,684,928.43

0.00%

0.00%

RR Interest

N/A

3.532273%

37,106,641.00

36,806,603.96

11,131.83

107,842.19

0.00

0.00

118,974.02

36,795,472.13

0.00%

0.00%

R

08163CAW9

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

S

08163CAU3

0.000000%

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00%

0.00%

Regular SubTotal

 

 

1,159,329,914.00

1,149,955,799.10

347,793.91

2,370,776.90

0.00

0.00

2,718,570.81

1,149,608,005.19

 

 

 

 

X-A

08163CBE8

1.133403%

857,686,000.00

848,780,590.85

0.00

801,675.09

0.00

0.00

801,675.09

848,450,186.63

 

 

X-B

08163CBF5

0.586426%

99,123,000.00

99,123,000.00

0.00

48,440.27

0.00

0.00

48,440.27

99,123,000.00

 

 

X-D

08163CAA7

1.532273%

57,822,000.00

57,822,000.00

0.00

73,832.56

0.00

0.00

73,832.56

57,822,000.00

 

 

 

 

 

 

 

 

 

 

 

 

Certificate Distribution Detail continued to next page

 

 

 

 

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Page 2 of 28

 


 

 

                       

 

 

 

 

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

 

X-F

08163CAC3

1.032273%

28,910,000.00

28,910,000.00

0.00

24,869.17

0.00

0.00

24,869.17

28,910,000.00

 

X-G

08163CAE9

1.032273%

12,391,000.00

12,391,000.00

0.00

10,659.08

0.00

0.00

10,659.08

12,391,000.00

 

X-NR

08163CAG4

1.032273%

45,431,418.00

45,431,418.00

0.00

39,081.34

0.00

0.00

39,081.34

45,431,418.00

 

Notional SubTotal

 

1,101,363,418.00

1,092,458,008.85

0.00

998,557.51

0.00

0.00

998,557.51

1,092,127,604.63

 

 

Deal Distribution Total

 

 

 

347,793.91

3,369,334.41

0.00

0.00

3,717,128.32

 

 

 

*

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.

 

 

 

 

 

 

 

 

 

 

 

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Page 3 of 28

 


 

 

                     

 

 

 

 

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

08163CAY5

201.45183286

29.62735025

0.10871682

0.00000000

0.00000000

0.00000000

0.00000000

29.73606707

171.82448260

A-2

08163CAZ2

1,000.00000000

0.00000000

1.62774997

0.00000000

0.00000000

0.00000000

0.00000000

1.62774997

1,000.00000000

A-3

08163CBA6

1,000.00000000

0.00000000

1.67524997

0.00000000

0.00000000

0.00000000

0.00000000

1.67524997

1,000.00000000

A-4

08163CBB4

1,000.00000000

0.00000000

1.88650000

0.00000000

0.00000000

0.00000000

0.00000000

1.88650000

1,000.00000000

A-5

08163CBC2

1,000.00000000

0.00000000

2.15358335

0.00000000

0.00000000

0.00000000

0.00000000

2.15358335

1,000.00000000

A-SB

08163CBD0

1,000.00000000

0.00000000

1.87991667

0.00000000

0.00000000

0.00000000

0.00000000

1.87991667

1,000.00000000

A-S

08163CBG3

1,000.00000000

0.00000000

2.31633330

0.00000000

0.00000000

0.00000000

0.00000000

2.31633330

1,000.00000000

B

08163CBH1

1,000.00000000

0.00000000

2.16524999

0.00000000

0.00000000

0.00000000

0.00000000

2.16524999

1,000.00000000

C

08163CBJ7

1,000.00000000

0.00000000

2.74449991

0.00000000

0.00000000

0.00000000

0.00000000

2.74449991

1,000.00000000

D

08163CAJ8

1,000.00000000

0.00000000

1.66666656

0.00000000

0.00000000

0.00000000

0.00000000

1.66666656

1,000.00000000

E

08163CAL3

1,000.00000000

0.00000000

1.66666679

0.00000000

0.00000000

0.00000000

0.00000000

1.66666679

1,000.00000000

F

08163CAN9

1,000.00000000

0.00000000

2.08333345

0.00000000

0.00000000

0.00000000

0.00000000

2.08333345

1,000.00000000

G

08163CAQ2

1,000.00000000

0.00000000

2.08333306

0.00000000

0.00000000

0.00000000

0.00000000

2.08333306

1,000.00000000

NR

08163CAS8

1,000.00000000

0.00000000

1.75649789

0.32683528

3.34498474

0.00000000

0.00000000

1.75649789

1,000.00000000

Class RR

08163CBK4

991.91419595

0.29999585

2.90627763

0.01348188

0.13858534

0.00000000

0.00000000

3.20627349

991.61420010

RR Interest

N/A

991.91419563

0.29999563

2.90627734

0.01348195

0.13858490

0.00000000

0.00000000

3.20627297

991.61420000

R

08163CAW9

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

S

08163CAU3

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

0.00000000

 

Notional Certificates

 

 

 

 

 

 

 

 

 

X-A

08163CBE8

989.61693539

0.00000000

0.93469532

0.00000000

0.00000000

0.00000000

0.00000000

0.93469532

989.23170791

X-B

08163CBF5

1,000.00000000

0.00000000

0.48868850

0.00000000

0.00000000

0.00000000

0.00000000

0.48868850

1,000.00000000

X-D

08163CAA7

1,000.00000000

0.00000000

1.27689392

0.00000000

0.00000000

0.00000000

0.00000000

1.27689392

1,000.00000000

X-F

08163CAC3

1,000.00000000

0.00000000

0.86022726

0.00000000

0.00000000

0.00000000

0.00000000

0.86022726

1,000.00000000

X-G

08163CAE9

1,000.00000000

0.00000000

0.86022758

0.00000000

0.00000000

0.00000000

0.00000000

0.86022758

1,000.00000000

X-NR

08163CAG4

1,000.00000000

0.00000000

0.86022717

0.00000000

0.00000000

0.00000000

0.00000000

0.86022717

1,000.00000000

 

 

 

 

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Page 4 of 28

 


 

 

                         

 

 

 

 

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

06/01/25 - 06/30/25

30

0.00

1,212.41

0.00

1,212.41

0.00

0.00

0.00

1,212.41

0.00

 

A-2

06/01/25 - 06/30/25

30

0.00

120,206.08

0.00

120,206.08

0.00

0.00

0.00

120,206.08

0.00

 

A-3

06/01/25 - 06/30/25

30

0.00

135,881.20

0.00

135,881.20

0.00

0.00

0.00

135,881.20

0.00

 

A-4

06/01/25 - 06/30/25

30

0.00

402,767.75

0.00

402,767.75

0.00

0.00

0.00

402,767.75

0.00

 

A-5

06/01/25 - 06/30/25

30

0.00

787,739.87

0.00

787,739.87

0.00

0.00

0.00

787,739.87

0.00

 

A-SB

06/01/25 - 06/30/25

30

0.00

48,054.43

0.00

48,054.43

0.00

0.00

0.00

48,054.43

0.00

 

X-A

06/01/25 - 06/30/25

30

0.00

801,675.09

0.00

801,675.09

0.00

0.00

0.00

801,675.09

0.00

 

X-B

06/01/25 - 06/30/25

30

0.00

48,440.27

0.00

48,440.27

0.00

0.00

0.00

48,440.27

0.00

 

X-D

06/01/25 - 06/30/25

30

0.00

73,832.56

0.00

73,832.56

0.00

0.00

0.00

73,832.56

0.00

 

X-F

06/01/25 - 06/30/25

30

0.00

24,869.17

0.00

24,869.17

0.00

0.00

0.00

24,869.17

0.00

 

X-G

06/01/25 - 06/30/25

30

0.00

10,659.08

0.00

10,659.08

0.00

0.00

0.00

10,659.08

0.00

 

X-NR

06/01/25 - 06/30/25

30

0.00

39,081.34

0.00

39,081.34

0.00

0.00

0.00

39,081.34

0.00

 

A-S

06/01/25 - 06/30/25

30

0.00

200,900.22

0.00

200,900.22

0.00

0.00

0.00

200,900.22

0.00

 

B

06/01/25 - 06/30/25

30

0.00

107,314.12

0.00

107,314.12

0.00

0.00

0.00

107,314.12

0.00

 

C

06/01/25 - 06/30/25

30

0.00

136,020.16

0.00

136,020.16

0.00

0.00

0.00

136,020.16

0.00

 

D

06/01/25 - 06/30/25

30

0.00

52,773.33

0.00

52,773.33

0.00

0.00

0.00

52,773.33

0.00

 

E

06/01/25 - 06/30/25

30

0.00

43,596.67

0.00

43,596.67

0.00

0.00

0.00

43,596.67

0.00

 

F

06/01/25 - 06/30/25

30

0.00

60,229.17

0.00

60,229.17

0.00

0.00

0.00

60,229.17

0.00

 

G

06/01/25 - 06/30/25

30

0.00

25,814.58

0.00

25,814.58

0.00

0.00

0.00

25,814.58

0.00

 

NR

06/01/25 - 06/30/25

30

136,833.74

94,648.79

0.00

94,648.79

14,848.59

0.00

0.00

79,800.19

151,967.40

 

Class RR

06/01/25 - 06/30/25

30

2,601.98

60,905.76

0.00

60,905.76

281.23

0.00

0.00

60,624.53

2,890.87

 

RR Interest

06/01/25 - 06/30/25

30

4,628.52

108,342.47

0.00

108,342.47

500.27

0.00

0.00

107,842.19

5,142.42

 

Totals

 

 

144,064.24

3,384,964.52

0.00

3,384,964.52

15,630.09

0.00

0.00

3,369,334.41

160,000.69

 

 

 

 

 

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Page 5 of 28

 


 

 

     

 

Additional Information

 

 

Total Available Distribution Amount (1)

3,717,128.32

 

Non-VRR Available Funds

3,531,271.90

 

VRR Available Funds

185,856.42

 

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

 

 

 

 

 

 

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Page 6 of 28

 


 

 

       

Bond / Collateral Reconciliation - Cash Flows

 

 

Total Funds Collected

 

Total Funds Distributed

 

Interest

 

Fees

 

Interest Paid or Advanced

3,398,619.38

Master Servicing Fee

5,461.40

Interest Reductions due to Nonrecoverability Determination

0.00

Certificate Administrator Fee

6,372.67

Interest Adjustments

0.00

Trustee Fee

0.00

Deferred Interest

0.00

CREFC® Intellectual Property Royalty License Fee

479.15

ARD Interest

0.00

Operating Advisor Fee

1,130.79

Net Prepayment Interest Excess / (Shortfall)

0.00

Asset Representations Reviewer Fee

210.83

Extension Interest

0.00

 

 

Interest Reserve Withdrawal

0.00

 

 

Total Interest Collected

3,398,619.38

Total Fees

13,654.84

 

Principal

 

Expenses/Reimbursements

 

Scheduled Principal

347,793.91

Reimbursement for Interest on Advances

5.10

Unscheduled Principal Collections

 

ASER Amount

0.00

Principal Prepayments

0.00

Special Servicing Fees (Monthly)

15,625.00

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

Negative Amortization

0.00

Taxes Imposed on Trust Fund

0.00

Principal Adjustments

0.00

Non-Recoverable Advances

0.00

 

 

Workout Delayed Reimbursement Amounts

0.00

 

 

Other Expenses

0.00

Total Principal Collected

347,793.91

Total Expenses/Reimbursements

15,630.10

 

 

 

Interest Reserve Deposit

0.00

 

Other

 

Payments to Certificateholders and Others

 

Prepayment Penalties / Yield Maintenance

0.00

Interest Distribution

3,369,334.41

Gain on Sale / Excess Liquidation Proceeds

0.00

Principal Distribution

347,793.91

Borrower Option Extension Fees

0.00

Prepayment Penalties / Yield Maintenance

0.00

Net SWAP Counterparty Payments Received

0.00

Borrower Option Extension Fees

0.00

 

 

Net SWAP Counterparty Payments Paid

0.00

Total Other Collected

0.00

Total Payments to Certificateholders and Others

3,717,128.32

Total Funds Collected

3,746,413.29

Total Funds Distributed

3,746,413.26

 

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Page 7 of 28

 


 

 

           

 

 

Bond / Collateral Reconciliation - Balances

 

 

 

 

Collateral Reconciliation

 

Certificate Reconciliation

 

 

 

 

    Total

 

Total

Beginning Scheduled Collateral Balance

1,149,955,799.59

1,149,955,799.59

Beginning Certificate Balance

1,149,955,799.10

(-) Scheduled Principal Collections

347,793.91

347,793.91

(-) Principal Distributions

347,793.91

(-) 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

1,149,608,005.68

1,149,608,005.68

Certificate Other Adjustments**

0.00

Beginning Actual Collateral Balance

1,149,955,799.59

1,149,955,799.59

Ending Certificate Balance

1,149,608,005.19

Ending Actual Collateral Balance

1,149,608,005.68

1,149,608,005.68

 

 

 

 

 

 

 

NRA/WODRA Reconciliation

 

Under / Over Collateralization Reconciliation

 

 

 

Non-Recoverable Advances (NRA) from

Workout Delayed Reimbursement of Advances

 

 

 

 

                      Principal

                   (WODRA) from Principal

Beginning UC / (OC)

(0.49)

Beginning Cumulative Advances

0.00

0.00

UC / (OC) Change

0.00

Current Period Advances

0.00

0.00

Ending UC / (OC)

(0.49)

Ending Cumulative Advances

0.00

0.00

Net WAC Rate

3.53%

 

 

 

 

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 8 of 28

 


 

 

                             

 

 

 

 

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

 

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

 

9,999,999 or less

14

92,254,372.21

8.02%

63

3.9251

2.161865

1.99 or less

15

323,931,069.87

28.18%

56

3.6405

1.441994

10,000,000 to 19,999,999

7

103,154,508.62

8.97%

68

3.6611

2.691603

2.00 to 2.49

13

344,519,544.52

29.97%

59

3.6587

2.264891

20,000,000 to 29,999,999

8

189,379,318.07

16.47%

57

3.6381

2.218694

2.50 to 2.99

6

153,773,638.49

13.38%

55

3.2101

2.567774

30,000,000 to 39,999,999

5

175,286,720.98

15.25%

63

3.6390

5.468188

3.00 to 3.49

3

74,015,000.00

6.44%

68

3.6967

3.173048

40,000,000 to 49,999,999

6

265,800,000.00

23.12%

64

3.5271

2.720301

3.50 and greater

8

244,635,667.00

21.28%

62

3.4180

5.901057

 

50,000,000 or greater

5

315,000,000.00

27.40%

49

3.2985

2.355238

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

 

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

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Page 9 of 28

 


 

 

                           

 

 

 

Current Mortgage Loan and Property Stratification

 

 

 

 

 

 

 

 

 

 

 

State³

 

 

 

 

 

State³

 

 

 

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

# Of

Scheduled

% Of

 

 

Weighted Avg

State

 

 

 

WAM²

WAC

 

State

 

 

 

WAM²

WAC

 

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

Texas

5

76,949,103.77

6.69%

68

4.3282

1.143252

Alabama

3

4,969,993.08

0.43%

68

3.8300

1.940000

Virginia

1

7,650,000.00

0.67%

68

4.0940

1.910000

Arkansas

2

1,806,948.71

0.16%

67

3.1510

2.560000

Washington

2

47,380,000.00

4.12%

33

3.5634

2.257615

California

3

58,600,000.00

5.10%

68

3.7719

2.204232

West Virginia

1

1,008,225.00

0.09%

67

3.1510

2.560000

Colorado

1

17,959,620.13

1.56%

68

3.8700

2.160000

Wisconsin

4

15,001,481.48

1.30%

68

3.7160

3.180000

Florida

8

198,693,674.38

17.28%

53

3.5800

2.438038

Totals

71

1,149,608,005.68

100.00%

59

3.5464

2.900233

Georgia

2

56,644,444.44

4.93%

58

3.5876

1.548454

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property Type³

 

 

 

Idaho

1

30,995,000.00

2.70%

67

3.4990

13.820000

 

 

 

 

 

 

 

Illinois

1

16,044,444.44

1.40%

68

3.7160

3.180000

 

# Of

Scheduled

% Of

 

 

Weighted Avg

 

 

 

 

 

 

 

Property Type

 

 

 

WAM²

WAC

 

Kentucky

2

4,888,255.82

0.43%

68

3.6184

3.072882

 

Properties

Balance

Agg. Bal.

 

 

DSCR¹

Louisiana

1

942,755.85

0.08%

67

3.1510

2.560000

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

Michigan

4

36,625,406.84

3.19%

68

4.0380

1.883831

Industrial

15

152,033,258.61

13.22%

68

3.7288

2.635898

Minnesota

4

7,569,128.04

0.66%

68

3.5054

2.948868

Lodging

4

120,805,656.02

10.51%

55

3.5163

5.510422

Mississippi

1

1,126,069.49

0.10%

67

3.1510

2.560000

Mixed Use

10

179,281,249.99

15.59%

49

3.5886

2.810252

Nevada

2

79,985,667.01

6.96%

56

3.5580

5.820000

Multi-Family

3

44,550,000.00

3.88%

68

3.8373

2.748831

New Jersey

1

5,819,989.01

0.51%

40

5.2120

1.980000

Office

13

494,305,372.41

43.00%

58

3.4281

1.974624

New York

9

263,668,474.36

22.94%

55

3.1350

2.045291

Retail

20

124,924,243.19

10.87%

61

3.6114

4.616690

North Carolina

2

10,091,296.30

0.88%

68

3.5396

3.205314

Self Storage

5

24,975,140.06

2.17%

68

3.6622

3.010999

North Dakota

1

896,927.44

0.08%

67

3.1510

2.560000

Totals

71

1,149,608,005.68

100.00%

59

3.5464

2.900233

Ohio

1

16,514,243.19

1.44%

54

4.0380

1.600000

 

 

 

 

 

 

 

Oklahoma

1

779,082.96

0.07%

67

3.1510

2.560000

 

 

 

 

 

 

 

Oregon

2

71,500,000.00

6.22%

66

3.3364

3.649231

 

 

 

 

 

 

 

Pennsylvania

1

5,742,222.22

0.50%

68

3.7160

3.180000

 

 

 

 

 

 

 

South Dakota

1

867,466.32

0.08%

67

3.1510

2.560000

 

 

 

 

 

 

 

Tennessee

3

100,155,000.00

8.71%

64

3.4215

3.541925

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 10 of 28

 


 

 

                             

 

 

 

 

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

 

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

 

2.99999% or less

1

80,000,000.00

6.96%

30

2.5916

1.570000

12 months or less

0

0.00

0.00%

0

0.0000

0.000000

 

3.00000% to 3.49999%

13

410,000,000.00

35.66%

62

3.2741

3.761289

13 months to 24 months

0

0.00

0.00%

0

0.0000

0.000000

 

3.50000% to 3.99999%

21

460,718,990.07

40.08%

65

3.6578

2.930257

25 months to 36 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.00000% to 4.49999%

9

184,335,940.80

16.03%

50

4.2199

1.581064

37 months to 48 months

0

0.00

0.00%

0

0.0000

0.000000

 

4.50000% or greater

1

5,819,989.01

0.51%

40

5.2120

1.980000

49 months or greater

45

1,140,874,919.88

99.24%

59

3.5439

2.910682

 

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

(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.

 

 

 

 

 

 

 

 

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Page 11 of 28

 


 

 

                             

 

 

 

 

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

 

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

 

60 months or less

12

364,619,899.15

31.72%

40

3.3484

3.052628

Interest Only

31

883,726,917.00

76.87%

56

3.4255

3.233466

61 months to 84 months

33

776,255,020.73

67.52%

68

3.6357

2.844007

332 months or less

14

257,148,002.88

22.37%

66

3.9507

1.801386

85 months to 119 months

0

0.00

0.00%

0

0.0000

0.000000

333 months or more

0

0.00

0.00%

0

0.0000

0.000000

 

120 months or more

0

0.00

0.00%

0

0.0000

0.000000

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

 

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

 

 

 

 

 

 

 

(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.

 

 

 

 

 

 

 

 

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Page 12 of 28

 


 

 

                         

 

 

 

 

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

 

Defeased

1

8,733,085.80

0.76%

68

3.8700

NAP

 

 

No outstanding loans in this group

 

Underwriter's Information

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

12 months or less

42

1,038,439,919.88

90.33%

58

3.5694

2.952077

 

 

 

 

 

 

13 months to 24 months

3

102,435,000.00

8.91%

68

3.2856

2.491037

 

 

 

 

 

 

25 months or greater

0

0.00

0.00%

0

0.0000

0.000000

 

 

 

 

 

 

Totals

46

1,149,608,005.68

100.00%

59

3.5464

2.900233

 

 

 

 

 

(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.

 

 

 

 

 

 

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Page 13 of 28

 


 

 

                               

 

 

 

 

 

 

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

1A2

30506918

OF

New York

NY

Actual/360

2.592%

172,772.67

0.00

0.00

01/01/28

03/01/32

--

80,000,000.00

80,000,000.00

07/01/25

2A-13-9

30319471

LO

Las Vegas

NV

Actual/360

3.558%

118,557.50

0.00

0.00

03/05/30

03/05/32

--

39,985,667.00

39,985,667.00

07/05/25

2A-15-9

30319472

 

 

 

Actual/360

3.558%

118,600.00

0.00

0.00

03/05/30

03/05/32

--

40,000,000.00

40,000,000.00

07/05/25

3A2

30506790

OF

West Palm Beach

FL

Actual/360

3.340%

139,167.71

0.00

0.00

N/A

02/06/31

--

50,000,000.00

50,000,000.00

07/06/25

3A4

30506792

 

 

 

Actual/360

3.340%

69,583.85

0.00

0.00

N/A

02/06/31

--

25,000,000.00

25,000,000.00

07/06/25

4A1

30506862

OF

Brooklyn

NY

Actual/360

3.210%

200,625.00

0.00

0.00

N/A

03/06/31

--

75,000,000.00

75,000,000.00

06/06/25

5A2

30506821

MU

Portland

OR

Actual/360

3.299%

123,727.65

0.00

0.00

N/A

01/01/31

--

45,000,000.00

45,000,000.00

07/01/25

5A3

30506822

 

 

 

Actual/360

3.299%

57,739.57

0.00

0.00

N/A

01/01/31

--

21,000,000.00

21,000,000.00

07/01/25

6A1

30506851

OF

Houston

TX

Actual/360

4.460%

134,616.51

62,064.92

0.00

N/A

03/06/31

--

36,219,688.99

36,157,624.07

07/06/25

6A3

30506852

 

 

 

Actual/360

4.460%

89,744.34

41,376.62

0.00

N/A

03/06/31

--

24,146,458.98

24,105,082.36

07/06/25

7A1

30530117

IN

Various

Various

Actual/360

3.716%

185,800.00

0.00

0.00

N/A

03/06/31

--

60,000,000.00

60,000,000.00

07/06/25

8A1

30506845

MU

Boca Raton

FL

Actual/360

4.020%

167,500.00

0.00

0.00

N/A

03/06/26

--

50,000,000.00

50,000,000.00

07/06/25

9

30506878

IN

Chattanooga

TN

Actual/360

3.610%

148,912.50

0.00

0.00

N/A

03/06/31

--

49,500,000.00

49,500,000.00

07/06/25

10A1

30506865

OF

New York

NY

Actual/360

3.371%

126,412.50

0.00

0.00

N/A

03/07/31

--

45,000,000.00

45,000,000.00

07/07/25

11

30530062

RT

Dawsonville

GA

Actual/360

3.550%

129,575.00

0.00

0.00

N/A

02/06/30

--

43,800,000.00

43,800,000.00

07/03/25

12

30506880

OF

Beverly Hills

CA

Actual/360

3.784%

134,016.67

0.00

0.00

N/A

03/06/31

--

42,500,000.00

42,500,000.00

07/06/25

13A2

30506524

LO

Nashville

TN

Actual/360

3.139%

91,554.17

0.00

0.00

N/A

03/06/30

--

35,000,000.00

35,000,000.00

07/03/25

14

30506840

OF

Saint Petersburg

FL

Actual/360

3.500%

96,845.76

55,829.43

0.00

N/A

03/06/31

--

33,204,259.34

33,148,429.91

07/06/25

15A2

30506776

RT

Meridian

ID

Actual/360

3.499%

90,376.25

0.00

0.00

N/A

02/05/31

--

30,995,000.00

30,995,000.00

07/05/25

16A2

30506786

OF

Redmond

WA

Actual/360

3.032%

68,220.00

0.00

0.00

N/A

01/06/26

--

27,000,000.00

27,000,000.00

07/03/25

17A-1-16

30319473

MU

New York

NY

Actual/360

3.160%

65,833.33

0.00

0.00

N/A

03/06/30

--

25,000,000.00

25,000,000.00

07/06/25

17A-1-17

30319474

 

 

 

Actual/360

3.160%

3,950.00

0.00

0.00

N/A

03/06/30

--

1,500,000.00

1,500,000.00

07/06/25

18

30506864

OF

Southfield

MI

Actual/360

4.215%

82,142.95

36,901.06

0.00

N/A

03/01/31

--

23,385,892.29

23,348,991.23

07/01/25

19

30506879

OF

Lake Mary

FL

Actual/360

3.501%

68,808.93

39,648.84

0.00

N/A

03/06/31

--

23,584,893.32

23,545,244.48

07/06/25

20

30506780

MF

Olympia

WA

Actual/360

4.267%

72,474.17

0.00

0.00

N/A

03/06/31

--

20,380,000.00

20,380,000.00

07/06/25

21

30506849

IN

Fort Collins

CO

Actual/360

3.870%

58,011.41

28,412.60

0.00

N/A

03/06/31

--

17,988,032.73

17,959,620.13

07/06/25

22

30319475

SS

Doral

FL

Actual/360

3.610%

51,141.67

0.00

0.00

N/A

03/06/31

--

17,000,000.00

17,000,000.00

07/06/25

23A2

30506543

RT

Willoughby

OH

Actual/360

4.038%

29,388.05

13,536.92

0.00

N/A

01/06/30

--

8,733,447.04

8,719,910.12

07/06/25

 

 

 

 

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Page 14 of 28

 


 

 

                               

 

 

 

 

 

 

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

23A3

30506544

 

 

 

Actual/360

4.038%

26,268.65

12,100.04

0.00

N/A

01/06/30

--

7,806,433.06

7,794,333.02

07/06/25

24

30506838

MF

Jackson

TN

Actual/360

3.457%

45,099.45

0.00

0.00

N/A

03/01/31

--

15,655,000.00

15,655,000.00

07/01/25

25

30506797

RT

Various

Various

Actual/360

3.151%

36,367.79

0.00

0.00

N/A

02/06/31

--

13,850,000.00

13,850,000.00

07/06/25

26

30506854

MU

Houston

TX

Actual/360

3.890%

44,350.05

0.00

0.00

N/A

03/06/31

--

13,681,250.00

13,681,250.00

07/06/25

27

30506826

RT

Bronx

NY

Actual/360

3.840%

43,472.00

0.00

0.00

N/A

03/06/31

--

13,585,000.00

13,585,000.00

07/06/25

28

30506850

IN

Bridgeport

MI

Actual/360

3.820%

36,423.27

18,227.03

0.00

N/A

03/06/31

--

11,441,865.52

11,423,638.49

07/06/25

29

30506827

MU

Huntington Beach

CA

Actual/360

3.670%

29,054.17

0.00

0.00

N/A

03/06/31

--

9,500,000.00

9,500,000.00

07/06/25

30

30506682

OF

Brooklyn

NY

Actual/360

3.780%

29,925.00

0.00

0.00

N/A

01/06/31

--

9,500,000.00

9,500,000.00

07/06/25

31

30506848

MU

Hamden

CT

Actual/360

3.870%

28,217.18

16,428.18

0.00

N/A

03/06/31

--

8,749,513.98

8,733,085.80

07/06/25

32

30506844

MF

Fayetteville

NC

Actual/360

3.507%

24,885.09

0.00

0.00

N/A

03/01/31

--

8,515,000.00

8,515,000.00

07/01/25

33

30506881

IN

Salem

VA

Actual/360

4.094%

26,099.25

0.00

0.00

N/A

03/06/31

--

7,650,000.00

7,650,000.00

07/06/25

34

30506839

MU

Brooklyn

NY

Actual/360

3.920%

22,866.67

0.00

0.00

N/A

03/06/31

--

7,000,000.00

7,000,000.00

07/06/25

35

30530118

MU

Truckee

CA

Actual/360

3.841%

21,125.50

0.00

0.00

N/A

03/06/31

--

6,600,000.00

6,600,000.00

07/06/25

36

30315740

LO

Swedesboro

NJ

Actual/360

5.212%

25,323.40

10,417.01

0.00

N/A

11/01/28

--

5,830,406.02

5,819,989.01

07/01/25

37

30506842

RT

Valley Stream

NY

Actual/360

4.000%

20,600.00

0.00

0.00

N/A

03/06/31

--

6,180,000.00

6,180,000.00

07/06/25

38

30506853

IN

Bend

OR

Actual/360

3.780%

17,325.00

0.00

0.00

N/A

03/06/31

--

5,500,000.00

5,500,000.00

07/06/25

39

30506602

SS

Various

AL

Actual/360

3.830%

15,887.83

7,916.41

0.00

N/A

03/06/31

--

4,977,909.49

4,969,993.08

07/06/25

40

30506806

SS

Huntsville

TX

Actual/360

3.680%

9,230.92

4,934.85

0.00

N/A

02/06/31

--

3,010,081.83

3,005,146.98

07/06/25

Totals

 

 

 

 

 

 

3,398,619.38

347,793.91

0.00

 

 

 

1,149,955,799.59

1,149,608,005.68

 

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 15 of 28

 


 

 

                           

 

 

 

 

 

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

 

1A2

24,014,658.00

23,564,452.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-13-9

758,127,002.00

666,946,446.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

2A-15-9

758,127,002.00

666,946,446.00

04/01/24

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A2

16,993,254.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

3A4

16,993,254.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

4A1

9,028,721.68

0.00

--

--

--

0.00

0.00

200,468.75

200,468.75

308,074.74

0.00

 

 

5A2

18,248,216.04

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

5A3

18,248,216.04

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A1

6,905,834.75

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

6A3

6,905,834.75

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

7A1

10,554,871.43

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

8A1

10,028,979.04

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

9

4,276,069.50

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

10A1

4,501,313.42

1,037,677.28

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

11

4,843,951.55

508,359.39

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

12

3,044,714.70

885,575.76

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

13A2

36,487,737.20

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

14

4,130,738.10

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

15A2

17,750,396.18

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

16A2

10,736,555.53

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17A-1-16

46,467,367.55

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

17A-1-17

46,467,367.55

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

18

2,233,813.41

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

19

2,816,594.12

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

20

1,703,353.74

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

21

2,118,078.80

0.00

--

--

--

0.00

0.00

0.00

0.00

19,877.95

0.00

 

 

22

2,163,485.90

550,131.96

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

23A2

3,497,944.85

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

 

 

 

 

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Page 16 of 28

 


 

 

                           

 

 

 

 

 

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

 

23A3

3,497,944.85

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

24

2,024,620.56

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

25

1,154,480.47

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

26

1,203,065.56

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

27

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

28

1,768,417.95

467,295.33

01/01/25

03/31/25

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

29

858,998.43

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

30

885,163.35

0.00

--

--

--

0.00

0.00

0.00

0.00

3,001.53

0.00

 

 

31

0.00

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

Full Defeasance

 

32

998,882.27

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

33

662,856.48

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

34

505,135.56

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

35

646,708.68

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

36

1,072,236.06

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

37

492,203.54

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

38

677,477.74

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

39

537,957.25

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

40

278,983.25

0.00

--

--

--

0.00

0.00

0.00

0.00

0.00

0.00

 

 

Totals

1,864,680,458.07

1,360,906,383.72

 

 

 

0.00

0.00

200,468.75

200,468.75

330,954.22

0.00

 

 

**

The Most Recent NOI and Fiscal NOI fields correspond to the financial data reported by the Master Servicer. An NOI of 0.00 means the Servicer did not report NOI figures in their loan level reporting.

 

 

 

 

 

 

 

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Page 17 of 28

 


 

 

           

 

 

 

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 18 of 28

 


 

 

                                         

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

3.546376%

3.532128%

59

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

 

3.546522%

3.532273%

60

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

 

3.546656%

3.532406%

61

04/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.546800%

3.532549%

62

03/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.546933%

3.532682%

63

02/18/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.547097%

3.532845%

64

01/17/25

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.547229%

3.532976%

65

12/17/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.547360%

3.533106%

66

11/18/24

0

0.00

0

0.00

1

75,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.547501%

3.533247%

67

10/18/24

0

0.00

1

75,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.547631%

3.533376%

68

09/17/24

1

75,000,000.00

0

0.00

0

0.00

0

0.00

0

0.00

1

7,650,000.00

0

0.00

0

0.00

 

3.547771%

3.533515%

69

08/16/24

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

0.00

 

3.547900%

3.533643%

70

Note: Foreclosure and REO Totals are included in the delinquencies aging categories.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Page 19 of 28

 


 

 

                               

 

 

 

 

 

 

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

4A1

30506862

06/06/25

0

B

 

200,468.75

200,468.75

663,164.07

75,000,000.00

10/02/24

2

 

 

 

 

Totals

 

 

 

 

 

200,468.75

200,468.75

663,164.07

75,000,000.00

 

 

 

 

 

 

 

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 20 of 28

 


 

 

                 

 

 

 

 

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

 

27,000,000

27,000,000

0

 

 

0

 

7 - 12 Months

 

50,000,000

50,000,000

0

 

 

0

 

13 - 24 Months

0

0

0

 

 

0

 

25 - 36 Months

0

0

0

 

 

0

 

37 - 48 Months

5,819,989

5,819,989

0

 

 

0

 

49 - 60 Months

121,814,243

121,814,243

0

 

 

0

 

> 60 Months

 

944,973,774

944,973,774

0

 

 

0

 

 

 

 

 

Historical Delinquency Information

 

 

 

 

 

 

 

 

Total

Current

      30-59 Days

      60-89 Days

      90+ Days

       REO/Foreclosure

 

 

Jul-25

1,149,608,006

1,149,608,006

0

0

 

0

0

 

Jun-25

1,149,955,800

1,149,955,800

0

0

 

0

0

 

May-25

1,150,279,110

1,150,279,110

0

0

 

0

0

 

Apr-25

1,150,624,660

1,150,624,660

0

0

 

0

0

 

Mar-25

1,150,945,660

1,150,945,660

0

0

 

0

0

 

Feb-25

1,151,335,859

1,151,335,859

0

0

 

0

0

 

Jan-25

1,151,654,400

1,151,654,400

0

0

 

0

0

 

Dec-24

1,151,971,842

1,151,971,842

0

0

 

0

0

 

Nov-24

1,152,311,733

1,077,311,733

0

0

75,000,000

0

 

Oct-24

1,152,626,905

1,077,626,905

0

75,000,000

 

0

0

 

Sep-24

1,152,964,606

1,077,964,606

75,000,000

0

 

0

0

 

Aug-24

1,153,277,523

1,153,277,523

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 21 of 28

 


 

 

                     

 

 

 

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

4A1

30506862

75,000,000.00

75,000,000.00

182,300,000.00

02/01/21

8,327,170.68

2.56000

06/30/24

03/06/31

I/O

Totals

 

75,000,000.00

75,000,000.00

182,300,000.00

 

8,327,170.68

 

 

 

 

 

 

 

 

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Page 22 of 28

 


 

 

                 

 

 

 

 

 

Specially Serviced Loan Detail - Part 2

 

 

 

 

 

 

Servicing

 

 

 

 

 

 

Property

 

Transfer

Resolution

 

 

 

Pros ID

Loan ID

Type¹

State

Date

Strategy Code²

 

Special Servicing Comments

 

4A1

30506862

OF

NY

10/02/24

2

 

 

 

 

07/01/2025 - Transfer to special servicing on 10/7/24 due to payment default. Borrower failed to pay required reserve triggered due to the tenant not executing a five-year lease extension. Counsel has been engaged and the loan was

 

accelerated. Borrower r eports that the primary tenant has agreed to extend their lease and a draft was contingently approved. Cash management has been requested, however, borrower is not cooperating. A foreclosure action has been filed

 

and Lender is seeking appointment of a rec eiver.

 

 

 

 

 

 

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 23 of 28

 


 

 

                   

 

 

 

 

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

14

30506840

0.00

3.50000%

0.00

3.50000%

8

09/19/22

09/19/22

11/10/22

33

30506881

0.00

4.09400%

0.00

4.09400%

8

08/08/24

08/08/24

08/30/24

Totals

 

0.00

 

0.00

 

 

 

 

 

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 24 of 28

 


 

 

                       

 

 

 

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 25 of 28

 


 

 

                     

 

 

 

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 26 of 28

 


 

 

                         

 

 

 

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)

4A1

0.00

0.00

15,625.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

14

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

27

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

3.46

0.00

0.00

0.00

33

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

34

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

1.64

0.00

0.00

0.00

Total

0.00

0.00

15,625.00

0.00

0.00

0.00

0.00

0.00

5.10

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

15,630.10

 

 

 

 

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Page 27 of 28

 


 

 

   

Supplemental Notes

 

Risk Retention

 

Pursuant to the PSA and the Credit Risk Retention Agreement, the Certificate Administrator has made available on www.ctslink.com, specifically under the “U.S. Risk Retention Special Notices” tab for the Benchmark 2021-B24 Mortgage Trust transaction, certain

information provided to the Certificate Administrator regarding each Retaining Party’s compliance with the Retention Covenant. Investors should refer to the Certificate Administrator’s website for all such information.

 

 

 

 

 

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Page 28 of 28