FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-255181-01

From: [REDACTED]
Sent: Monday, November 1, 2021 11:46 AM
To: [REDACTED]
Subject: FW: Fwd:3650R 2021-PF1 -- New Issue Announcement (Public)

3650R 2021-PF1 -- New Issue Announcement (Public)

Co-Lead Managers & Joint Bookrunners: Citigroup, Deutsche Bank Securities

						U/W NOI
Class	S&P/Fitch/KBRA	Size ($mm)	C/E	WAL	Cum LTV	Debt Yld
A-1	AAA(sf)/AAAsf/AAA(sf)	26.952	30.000%	2.63	40.0%	14.6%
A-3	AAA(sf)/AAAsf/AAA(sf)	141.041	30.000%	6.65	40.0%	14.6%
A-4*	AAA(sf)/AAAsf/AAA(sf)	195.000	30.000%	9.27	40.0%	14.6%
A-5*	AAA(sf)/AAAsf/AAA(sf)	257.298	30.000%	9.76	40.0%	14.6%
A-SB	AAA(sf)/AAAsf/AAA(sf)	22.719	30.000%	6.89	40.0%	14.6%
A-S	AAA(sf)/AAAsf/AAA(sf)	48.226	24.750%	9.93	43.0%	13.6%
B	AA-(sf)/AA-sf/AA(sf)	43.633	20.000%	9.99	45.7%	12.8%
C	NR/A-sf/A-(sf)	47.077	14.875%	9.99	48.6%	12.0%

*Class sizes and/or WALs subject to change as detailed in the term sheet. Possible ranges below:

Class	Expected Range of Balance(mm)	Expected Range of WAL
A-4	0 - 195.000	NAP - 9.27
A-5	257.298 - 454.298	9.76 - 9.55

Collateral Summary
Initial Pool Balance:	$918,586,612
Number of Mortgage Loans:	35
Number of Mortgaged Properties:	42
Average Cut-off Date Mortgage Loan Balance:	26,245,332
Weighted Average Mortgage Interest Rate:	3.40618%
Weighted Average Remaining Term to Maturity (months):	110
Weighted Average Remaining Amortization Term (months):	314
Weighted Average Cut-off Date LTV Ratio:	57.1%
Weighted Average Maturity Date LTV Ratio:	54.2%
Weighted Average Underwritten NCF DSCR:	2.69x
Weighted Average Debt Yield on Underwritten NOI:	13.7%
% of Mortgaged Properties with Single Tenants:	29.7%
% of Mortgage Loans with Mezzanine Debt:	8.5%
% of Mortgage Loans with Subordinate Debt:	16.15%
Property Type:	27.5% Office, 23.9% Retail, 23.0% Multifamily,
	16.1% Mixed Use, 8.6% Industrial, 0.9% Self Storage
Top 5 States:	30.9% California, 21.% New York, 8.5% Massachusetts,
	5.4% Alabama, 5.3% Florida
Risk Retention:	Horizontal
Master Servicer:	Midland Loan Services, a Division of PNC Bank, National
Assocation
Special Servicer:	3650 REIT Loan Servicing LLC
Operating Advisor:	Park Bridge Lender Services LLC
Trustee:	Wells Fargo Bank, National Association
Cert. Administrator:	Wells Fargo Bank, National Association
Anticipated Timing
Anticipated Pricing:	Late Week of 11/1
Anticipated Settlement:	11/18/2021

Term Sheet

<Attached>

Annex A-1

<Attached>

Preliminary Prospectus

<Attached>

FREE WRITING PROSPECTUS, DATED NOVEMBER 1, 2021

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-255181) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor, Citigroup Global Markets Inc., Deutsche Bank Securities Inc., or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled “Certain Characteristics of the Mortgage Loans and Mortgaged Properties” to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.

The information in this File is preliminary and may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

The securities related to this File are being offered when, as and if issued. This free writing prospectus is not an offer to sell or a solicitation of an offer to buy such securities in any state or other jurisdiction where such offer, solicitation or sale is not permitted. Such securities do not represent an interest in or obligation of the depositor, the sponsors, the originators, the master servicer, the special servicers, the trustee, the certificate administrator, the operating advisor, the asset representations reviewer, the controlling class representative, the companion loan holders (or their representatives), the underwriters or any of their respective affiliates. Neither such securities nor the underlying mortgage loans are insured or guaranteed by any governmental agency or instrumentality or private insurer.

Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.