BANK 2024-BNK47 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-257991) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.

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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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

This free writing prospectus has been prepared by the underwriters for information purposes only and does not constitute, in whole or in part, a prospectus for the purposes of (i) Regulation (EU) 2017/1129 (as amended), (ii) such Regulation as it forms part of UK domestic law, or (iii) Part VI of the UK Financial Services and Markets Act 2000, as amended; and does not constitute an offering document for any other purpose.

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

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

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

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A. Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.

“BofA Securities” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation, including, in the United States, BofA Securities, Inc., which is a registered broker-dealer and member of FINRA and SIPC, and, in other jurisdictions, locally registered entities.

J.P. Morgan is the marketing name for the investment banking businesses of JPMorgan Chase & Co. and its subsidiaries worldwide. Securities, syndicated loan arranging, financial advisory and other investment banking activities are performed by JPMS and its securities affiliates, and lending, derivatives and other commercial banking activities are performed by JPMorgan Chase Bank, National Association and its banking affiliates. JPMS is a member of SIPC and the NYSE.

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

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

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

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

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

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

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	% of Loan Balance	Mortgage Loan Originator⁽¹⁾	Mortgage Loan Seller	Related Group	Crossed Group	Address
1.00	Loan	5, 6, 7, 8, 9	1	St. Johns Town Center	9.2%	100.0%	JPMCB, GSBI, BCREI, SGFC	JPMCB, GSMC	Group 1	NAP	4663 River City Drive
2.00	Loan	5, 10, 11, 12	1	Dallas Market Center	8.3%	100.0%	GSBI	GSMC	NAP	NAP	2000 North Stemmons Freeway and 2050-2100 North Stemmons Freeway
3.00	Loan	5	1	Woodfield Mall	7.3%	100.0%	BANA, BMO, BCREI	BANA	Group 1	NAP	5 Woodfield Mall
4.00	Loan	5	1	Westwood Gateway II	6.9%	100.0%	BANA	BANA	NAP	NAP	11100 and 11150 Santa Monica Boulevard
5.00	Loan	5, 13, 14, 15, 16, 17	1	Danbury Fair Mall	6.4%	100.0%	GSBI, MSBNA, BMO	GSMC, MSMCH	NAP	NAP	7 Backus Avenue
6.00	Loan	5	1	60 Hudson	6.0%	100.0%	MSBNA	MSMCH	NAP	NAP	60 Hudson Street
7.00	Loan	5, 18, 19	8	DHC Medical Office Portfolio	5.8%		WFB, BMO, UBS AG	WFB	NAP	NAP	Various
7.01	Property		1	47071 Bayside Parkway	2.0%	33.9%					47071 Bayside Parkway
7.02	Property		1	4 Maguire Road	1.2%	20.3%					4 Maguire Road
7.03	Property		1	200 Old Country Road	1.1%	18.2%					200 Old Country Road
7.04	Property		1	21 Spurs Lane	0.6%	10.4%					21 Spurs Lane
7.05	Property		1	5750 Centre Avenue	0.3%	5.4%					5750 Centre Avenue
7.06	Property		1	1325 South Congress Avenue	0.3%	5.1%					1325 South Congress Avenue
7.07	Property		1	1501 Milstead Road	0.2%	4.1%					1501 Milstead Road
7.08	Property		1	210 Mall Boulevard	0.2%	2.7%					210 Mall Boulevard
8.00	Loan	18	7	SSW Advanced Technologies	5.1%		WFB	WFB	Group 2	NAP	Various
8.01	Property		1	Vincennes	1.1%	21.6%					2000 Chestnut Street
8.02	Property		1	Newport	1.0%	19.0%					345 Chemwood Drive
8.03	Property		1	Sweetwater	0.9%	17.5%					615 New Highway 68
8.04	Property		1	Henderson	0.8%	15.5%					867 Premier Way
8.05	Property		1	Clinton	0.5%	10.5%					2005 South 19th Street
8.06	Property		1	Madison	0.5%	9.6%					1129 Myatt Boulevard
8.07	Property		1	Elizabethtown	0.3%	6.3%					1100 West Park Road
9.00	Loan	20, 21, 22	1	Citadel Crossing - Colorado Springs	3.8%	100.0%	CREFI	CREFI	NAP	NAP	507-749 and 801-975 North Academy Boulevard
10.00	Loan	5, 18, 23	7	Rhino Portfolio 3	3.4%		BANA, BCREI	BANA	NAP	NAP	Various
10.01	Property		1	The Summit	2.2%	64.6%					13925 South Virginia Street
10.02	Property		1	Blvd 2500	0.4%	12.4%					2500 Carlisle Boulevard Northeast
10.03	Property		1	Jackson	0.3%	7.4%					1250-1355 Boardman Road
10.04	Property		1	Haymarket	0.2%	7.1%					4100 Merle Hay Road
10.05	Property		1	North Aurora	0.1%	4.2%					1610-1780 Orchard Gateway Boulevard
10.06	Property		1	At Home - Arlington	0.1%	3.5%					750 East Rand Road
10.07	Property		1	Houma	0.0%	1%					104 Armour Drive
11.00	Loan	24	1	Anaheim Desert Palm Hotel & Suites	2.8%	100%	WFB	WFB	Group 3	NAP	631 West Katella Avenue
12.00	Loan	18	2	Baxters Industrial Portfolio	2.7%		GSBI	GSMC	Group 2	NAP	Various
12.01	Property		1	Baxters East Bernstadt	1.5%	54%					2742 US Highway 25
12.02	Property		1	Baxters Salem	1.3%	46%					556 Murlark Avenue Northwest
13.00	Loan	25	1	Hilton Garden Inn Lompoc	2.5%	100%	MSBNA	MSMCH	NAP	NAP	1201 North H Street
14.00	Loan	26, 27, 28	1	201 West 72nd Street	2.4%	100%	CREFI	CREFI	NAP	NAP	201 West 72nd Street
15.00	Loan	29	1	Richland Town Center	2.4%	100%	WFB	WFB	NAP	NAP	370 Town Centre Drive
16.00	Loan	5, 30, 31, 32, 33, 34, 35, 36, 37, 38	1	1812 North Moore	2.3%	100%	CREFI	CREFI	NAP	NAP	1812 North Moore Street
17.00	Loan	39	1	JLL Plaza Leased Fee	2.2%	100%	BANA	BANA	NAP	NAP	1703 West 5th Street
18.00	Loan	40	1	Rancho Bernardo Technology Portfolio	2.0%	100%	WFB	WFB	NAP	NAP	16981 Via Tazon & 11501 Rancho Bernardo Road
19.00	Loan	41	1	615 Chestnut Street	1.8%	100%	WFB	WFB	NAP	NAP	615 Chestnut Street, 27 South 7th Street
20.00	Loan	18, 42	2	White Oak & Westlake Retail Portfolio	1.5%		WFB	WFB	NAP	NAP	Various
20.01	Property		1	Westlake Shopping Center	1.0%	67%					119 12th Street Southwest, 209 12th Street Southwest & 289 12th Street Southwest
20.02	Property		1	White Oak Village	0.5%	33%					1099, 1199 & 1215 Timber Drive East
21.00	Loan	5, 43, 44, 45, 46	1	Arundel Mills and Marketplace	1.4%	100%	WFB, SGFC, DBRI, CREFI	WFB	Group 1	NAP	7000 and 7600 Arundel Mills Circle
22.00	Loan		1	147 North Main Street	1.1%	100%	JPMCB	JPMCB	Group 2	NAP	147 North Main Street
23.00	Loan	47	1	Candlewood Suites McDonough	1.1%	100%	WFB	WFB	NAP	NAP	136 Highway 81 West
24.00	Loan	48	1	Del Sol Inn	0.9%	100%	WFB	WFB	Group 3	NAP	1604 South Harbor Boulevard
25.00	Loan	49	1	Ramada Inn - Rockville Centre, NY	0.8%	100%	BANA	BANA	NAP	NAP	1000 Sunrise Highway
26.00	Loan	50, 51	1	William Penn Plaza	0.7%	100%	MSBNA	MSMCH	NAP	NAP	3011-3099 William Penn Highway
27.00	Loan	52	1	Powers Ferry Shopping Center	0.7%	100%	WFB	WFB	NAP	NAP	6370 & 6380 Powers Ferry Road NW
28.00	Loan	53, 54	1	Bon Aire Park Owners, Inc.	0.6%	100%	NCB	NCB	NAP	NAP	1-25 Milford Lane, 1-10 Oxford Court & 23-69 Bon Aire Circle
29.00	Loan	55	1	303 Self Storage Broadway	0.6%	100%	GSBI	GSMC	NAP	NAP	1699 South Broadway
30.00	Loan	18	4	Snapbox Drop n Roll	0.6%		WFB	WFB	NAP	NAP	Various
30.01	Property		1	2222 Hwy 163	0.3%	44%					2222 NC-163
30.02	Property		1	Millers Creek	0.2%	28%					165 Green Acres Mill Road
30.03	Property		1	Mt. Jefferson Road	0.1%	15%					1548 Mount Jefferson Road
30.04	Property		1	1992 NC-163	0.1%	14%					1992 NC-163
31.00	Loan	56	1	Hampton Inn & Suites Center, TX	0.6%	100%	GSBI	GSMC	NAP	NAP	141 Express Boulevard
32.00	Loan		1	Vigouroux Marketplace Mobile AL	0.5%	100%	MSBNA	MSMCH	Group 4	NAP	9948 Airport Boulevard
33.00	Loan		1	740 Veterans Memorial Hwy	0.5%	100%	BANA	BANA	NAP	NAP	740 Veterans Memorial Highway Southeast
34.00	Loan	57	1	97 Greenwich (NYC Equinox)	0.5%	100%	JPMCB	JPMCB	NAP	NAP	97-101 Greenwich Avenue
35.00	Loan		1	1130 West C Street	0.4%	100%	WFB	WFB	NAP	NAP	1130 West C Street
36.00	Loan		1	Wesley Park Townhomes	0.4%	100%	MSBNA	MSMCH	NAP	NAP	135 Wesley Drive
37.00	Loan	53, 54	1	67th Road Housing Corporation	0.4%	100%	NCCB	NCB	NAP	NAP	99-21 67th Road
38.00	Loan	18	2	AAA Storage Greensboro and Kernersville	0.3%		MSBNA	MSMCH	NAP	NAP	Various
38.01	Property		1	AAA Storage A15 Greensboro	0.2%	66%					3702 Groometown Road

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	% of Loan Balance	Mortgage Loan Originator⁽¹⁾	Mortgage Loan Seller	Related Group	Crossed Group	Address
38.02	Property		1	AAA Storage A2 Kernersville	0.1%	34%					1601 Brookford Industrial Drive
39.00	Loan	53, 54	1	321 Apartments Corp.	0.3%	100%	NCB	NCB	NAP	NAP	321 East 54th Street a/k/a 319/323 East 54th Street
40.00	Loan	53, 54	1	St. Marks Owners Corp.	0.3%	100%	NCCB	NCB	NAP	NAP	87 St. Marks Place a/k/a 87/91 Saint Marks Place
41.00	Loan	18	2	Pool Portfolio	0.3%		WFB	WFB	NAP	NAP	Various
41.01	Property		1	3411 Inventors Road	0.1%	50%					3411 Inventors Road
41.02	Property		1	1699 South 19th Street	0.1%	50%					1699 South 19th Street
42.00	Loan	18	4	Bluejay Family Dollar Portfolio	0.3%		BANA	BANA	Group 4	NAP	Various
42.01	Property		1	Family Dollar - Axton, VA	0.1%	28%					3465 A L Philpott Highway
42.02	Property		1	Family Dollar - Gladys, VA	0.1%	27%					8438 Brookneal Highway
42.03	Property		1	Family Dollar - Patterson, LA	0.1%	25%					604 Catherine Street
42.04	Property		1	Family Dollar - Prescott, AR	0.1%	20%					1100 West 1st Street North
43.00	Loan	53, 54	1	214 West 17 Apartment Corp. a/k/a 214 West 17th Apartment Corp.	0.2%	100%	NCCB	NCB	NAP	NAP	214 West 17th Street a/k/a 214/216 West 17th Street
44.00	Loan	53, 54	1	West 23rd Street Owners Corp.	0.2%	100%	NCCB	NCB	NAP	NAP	400-410 West 23rd Street
45.00	Loan	53, 54	1	Greystone Views, Inc. a/k/a Greystone Views Inc.	0.2%	100%	NCCB	NCB	NAP	NAP	3425/3475 Greystone Avenue a/k/a 3500/3520 Riverdale Avenue
46.00	Loan	53, 54	1	929 Park Avenue Apartments Corp.	0.2%	100%	NCCB	NCB	NAP	NAP	929 Park Avenue a/k/a 929/931 Park Avenue
47.00	Loan	53, 54	1	Layton Owners Inc.	0.2%	100%	NCB	NCB	NAP	NAP	42-02/04 Layton Street
48.00	Loan		1	Auman Acres	0.2%	100%	MSBNA	MSMCH	NAP	NAP	3910 North Main Street
49.00	Loan	53, 54	1	320 W. 89th St. Owners Corp.	0.1%	100%	NCCB	NCB	NAP	NAP	320 West 89th Street
50.00	Loan	53, 54	1	Kamgil House Realty Corp.	0.1%	100%	NCB	NCB	NAP	NAP	77-02/77-10 34th Avenue a/k/a 34-01 77th Street a/k/a 34-02 78th Street
51.00	Loan	53, 54	1	250 Equities Corp.	0.1%	100%	NCCB	NCB	NAP	NAP	250 West 22nd Street
52.00	Loan	53, 54	1	368 West 23rd St. Apts., Inc.	0.1%	100%	NCCB	NCB	NAP	NAP	368 West 23rd Street a/k/a 208 9th Avenue

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Loan Per Unit ($)	Original Balance ($)	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %	Administrative Fee Rate %⁽²⁾	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)
1.00	Loan	5, 6, 7, 8, 9	1	St. Johns Town Center	352.24	100,000,000	100,000,000	100,000,000	5.94800%	0.01387%	5.93413%	NAP	502,550.93
2.00	Loan	5, 10, 11, 12	1	Dallas Market Center	86.29	90,000,000	90,000,000	90,000,000	6.50200%	0.01512%	6.48688%	NAP	494,422.92
3.00	Loan	5	1	Woodfield Mall	247.98	79,500,000	79,500,000	79,500,000	6.33540%	0.01387%	6.32153%	NAP	425,549.93
4.00	Loan	5	1	Westwood Gateway II	273.27	75,000,000	75,000,000	75,000,000	5.56000%	0.01512%	5.54488%	NAP	352,326.39
5.00	Loan	5, 13, 14, 15, 16, 17	1	Danbury Fair Mall	167.82	69,500,000	69,500,000	68,061,124	6.38600%	0.01387%	6.37213%	434,089.72	374,992.72
6.00	Loan	5	1	60 Hudson	243.56	65,000,000	65,000,000	65,000,000	5.88500%	0.01512%	5.86988%	NAP	323,198.21
7.00	Loan	5, 18, 19	8	DHC Medical Office Portfolio	165.45	63,000,000	63,000,000	63,000,000	6.86400%	0.01512%	6.84888%	NAP	365,365.00
7.01	Property		1	47071 Bayside Parkway		21,342,857	21,342,857	21,342,857
7.02	Property		1	4 Maguire Road		12,805,714	12,805,714	12,805,714
7.03	Property		1	200 Old Country Road		11,442,857	11,442,857	11,442,857
7.04	Property		1	21 Spurs Lane		6,531,428	6,531,428	6,531,428
7.05	Property		1	5750 Centre Avenue		3,420,001	3,420,001	3,420,001
7.06	Property		1	1325 South Congress Avenue		3,214,286	3,214,286	3,214,286
7.07	Property		1	1501 Milstead Road		2,571,428	2,571,428	2,571,428
7.08	Property		1	210 Mall Boulevard		1,671,428	1,671,428	1,671,428
8.00	Loan	18	7	SSW Advanced Technologies	43.73	55,100,000	55,100,000	52,391,011	7.18900%	0.02512%	7.16388%	373,602.09	334,679.57
8.01	Property		1	Vincennes		11,901,600	11,901,600	11,316,458
8.02	Property		1	Newport		10,453,257	10,453,257	9,939,323
8.03	Property		1	Sweetwater		9,634,629	9,634,629	9,160,943
8.04	Property		1	Henderson		8,564,114	8,564,114	8,143,060
8.05	Property		1	Clinton		5,793,371	5,793,371	5,508,540
8.06	Property		1	Madison		5,289,600	5,289,600	5,029,537
8.07	Property		1	Elizabethtown		3,463,429	3,463,429	3,293,150
9.00	Loan	20, 21, 22	1	Citadel Crossing - Colorado Springs	114.87	41,000,000	41,000,000	41,000,000	8.13000%	0.04262%	8.08738%	NAP	281,632.99
10.00	Loan	5, 18, 23	7	Rhino Portfolio 3	124.62	37,150,000	37,150,000	37,150,000	6.93200%	0.01387%	6.91813%	NAP	217,583.77
10.01	Property		1	The Summit		23,985,654	23,985,654	23,985,654
10.02	Property		1	Blvd 2500		4,604,812	4,604,812	4,604,812
10.03	Property		1	Jackson		2,762,887	2,762,887	2,762,887
10.04	Property		1	Haymarket		2,627,452	2,627,452	2,627,452
10.05	Property		1	North Aurora		1,571,054	1,571,054	1,571,054
10.06	Property		1	At Home - Arlington		1,300,182	1,300,182	1,300,182
10.07	Property		1	Houma		297,958	297,958	297,958
11.00	Loan	24	1	Anaheim Desert Palm Hotel & Suites	152,933.67	29,975,000	29,975,000	29,975,000	6.72700%	0.01512%	6.71188%	NAP	170,368.67
12.00	Loan	18	2	Baxters Industrial Portfolio	70.09	29,575,000	29,575,000	27,967,698	6.77100%	0.01512%	6.75588%	192,235.91	169,194.67
12.01	Property		1	Baxters East Bernstadt		15,875,321	15,875,321	15,012,551
12.02	Property		1	Baxters Salem		13,699,679	13,699,679	12,955,147
13.00	Loan	25	1	Hilton Garden Inn Lompoc	173,076.92	27,000,000	27,000,000	25,869,987	7.90000%	0.01512%	7.88488%	196,237.46	180,218.75
14.00	Loan	26, 27, 28	1	201 West 72nd Street	872.89	25,650,000	25,650,000	25,650,000	6.86000%	0.01512%	6.84488%	NAP	148,669.06
15.00	Loan	29	1	Richland Town Center	87.92	25,500,000	25,460,163	22,088,355	6.68800%	0.01512%	6.67288%	164,342.96	NAP
16.00	Loan	5, 30, 31, 32, 33, 34, 35, 36, 37, 38	1	1812 North Moore	318.19	25,000,000	25,000,000	24,373,642	7.53000%	0.01387%	7.51613%	175,317.48	159,053.82
17.00	Loan	39	1	JLL Plaza Leased Fee	212.68	23,700,000	23,700,000	23,700,000	6.34600%	0.01512%	6.33088%	NAP	127,074.24
18.00	Loan	40	1	Rancho Bernardo Technology Portfolio	239.11	21,500,000	21,500,000	19,780,218	6.91000%	0.01512%	6.89488%	141,742.87	125,523.67
19.00	Loan	41	1	615 Chestnut Street	49.68	20,000,000	19,985,150	17,195,539	6.40700%	0.01512%	6.39188%	125,192.86	NAP
20.00	Loan	18, 42	2	White Oak & Westlake Retail Portfolio	131.25	16,000,000	16,000,000	16,000,000	6.79800%	0.01512%	6.78288%	NAP	91,898.89
20.01	Property		1	Westlake Shopping Center		10,750,000	10,750,000	10,750,000
20.02	Property		1	White Oak Village		5,250,000	5,250,000	5,250,000
21.00	Loan	5, 43, 44, 45, 46	1	Arundel Mills and Marketplace	185.66	15,000,000	15,000,000	15,000,000	7.70100%	0.01512%	7.68588%	NAP	97,599.48
22.00	Loan		1	147 North Main Street	42.14	12,090,000	12,090,000	11,438,213	6.81100%	0.01512%	6.79588%	78,906.36	69,573.89
23.00	Loan	47	1	Candlewood Suites McDonough	110,060.23	11,795,000	11,776,444	10,573,763	8.01300%	0.01512%	7.99788%	86,654.45	NAP
24.00	Loan	48	1	Del Sol Inn	169,491.53	10,000,000	10,000,000	10,000,000	6.70700%	0.01512%	6.69188%	NAP	56,667.94
25.00	Loan	49	1	Ramada Inn - Rockville Centre, NY	88,265.31	8,650,000	8,650,000	8,650,000	7.07700%	0.01962%	7.05738%	NAP	51,721.89
26.00	Loan	50, 51	1	William Penn Plaza	87.90	8,000,000	8,000,000	8,000,000	6.83000%	0.01512%	6.81488%	NAP	46,165.74
27.00	Loan	52	1	Powers Ferry Shopping Center	289.82	7,500,000	7,500,000	7,500,000	7.62500%	0.01512%	7.60988%	NAP	48,318.14
28.00	Loan	53, 54	1	Bon Aire Park Owners, Inc.	37,037.04	7,000,000	7,000,000	6,007,049	6.35000%	0.09012%	6.25988%	43,556.50	NAP
29.00	Loan	55	1	303 Self Storage Broadway	78.28	6,700,000	6,700,000	6,700,000	6.19900%	0.01512%	6.18388%	NAP	35,091.79
30.00	Loan	18	4	Snapbox Drop n Roll	81.47	6,575,000	6,575,000	6,575,000	6.22300%	0.01512%	6.20788%	NAP	34,570.42
30.01	Property		1	2222 Hwy 163		2,860,279	2,860,279	2,860,279
30.02	Property		1	Millers Creek		1,864,826	1,864,826	1,864,826
30.03	Property		1	Mt. Jefferson Road		959,031	959,031	959,031
30.04	Property		1	1992 NC-163		890,864	890,864	890,864
31.00	Loan	56	1	Hampton Inn & Suites Center, TX	90,869.55	6,000,000	5,997,391	5,385,271	8.08500%	0.01512%	8.06988%	44,381.92	NAP
32.00	Loan		1	Vigouroux Marketplace Mobile AL	83.18	5,500,000	5,500,000	5,500,000	7.23000%	0.01512%	7.21488%	NAP	33,597.74
33.00	Loan		1	740 Veterans Memorial Hwy	59.23	5,150,000	5,147,513	4,590,592	7.79500%	0.01512%	7.77988%	37,055.51	NAP
34.00	Loan	57	1	97 Greenwich (NYC Equinox)	128.46	5,000,000	5,000,000	5,000,000	6.95100%	0.01512%	6.93588%	NAP	29,364.76
35.00	Loan		1	1130 West C Street	130.22	4,750,000	4,750,000	4,750,000	6.65000%	0.06512%	6.58488%	NAP	26,688.51
36.00	Loan		1	Wesley Park Townhomes	26,250.00	4,200,000	4,200,000	3,241,567	5.81000%	0.01512%	5.79488%	26,574.96	NAP
37.00	Loan	53, 54	1	67th Road Housing Corporation	48,018.28	3,800,000	3,793,444	3,252,791	6.26000%	0.09012%	6.16988%	23,421.97	NAP
38.00	Loan	18	2	AAA Storage Greensboro and Kernersville	39.95	3,500,000	3,500,000	3,500,000	6.32000%	0.01512%	6.30488%	NAP	18,689.35
38.01	Property		1	AAA Storage A15 Greensboro		2,300,000	2,300,000	2,300,000

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Loan Per Unit ($)	Original Balance ($)	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %	Administrative Fee Rate %⁽²⁾	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)
38.02	Property		1	AAA Storage A2 Kernersville		1,200,000	1,200,000	1,200,000
39.00	Loan	53, 54	1	321 Apartments Corp.	31,945.92	3,200,000	3,194,592	2,746,155	6.35000%	0.09012%	6.25988%	19,911.54	NAP
40.00	Loan	53, 54	1	St. Marks Owners Corp.	120,000.00	3,000,000	3,000,000	3,000,000	7.00000%	0.09012%	6.90988%	NAP	17,743.06
41.00	Loan	18	2	Pool Portfolio	41.29	3,000,000	2,996,190	2,656,141	7.53300%	0.01512%	7.51788%	21,044.27	NAP
41.01	Property		1	3411 Inventors Road		1,500,000	1,498,095	1,328,071
41.02	Property		1	1699 South 19th Street		1,500,000	1,498,095	1,328,071
42.00	Loan	18	4	Bluejay Family Dollar Portfolio	80.34	2,750,000	2,744,843	2,428,244	7.39400%	0.01512%	7.37888%	19,029.19	NAP
42.01	Property		1	Family Dollar - Axton, VA		772,138	770,690	681,796
42.02	Property		1	Family Dollar - Gladys, VA		742,441	741,048	655,573
42.03	Property		1	Family Dollar - Patterson, LA		688,985	687,693	608,372
42.04	Property		1	Family Dollar - Prescott, AR		546,436	545,412	482,502
43.00	Loan	53, 54	1	214 West 17 Apartment Corp. a/k/a 214 West 17th Apartment Corp.	224,951.53	2,700,000	2,699,418	2,552,585	6.79000%	0.09012%	6.69988%	16,368.41	NAP
44.00	Loan	53, 54	1	West 23rd Street Owners Corp.	40,983.61	2,500,000	2,500,000	2,500,000	6.69000%	0.09012%	6.59988%	NAP	14,131.08
45.00	Loan	53, 54	1	Greystone Views, Inc. a/k/a Greystone Views Inc.	45,454.55	2,500,000	2,500,000	2,500,000	6.44000%	0.09012%	6.34988%	NAP	13,603.01
46.00	Loan	53, 54	1	929 Park Avenue Apartments Corp.	61,794.32	2,350,000	2,348,184	2,196,185	6.23000%	0.09012%	6.13988%	13,308.76	NAP
47.00	Loan	53, 54	1	Layton Owners Inc.	24,657.29	2,200,000	2,194,499	1,884,928	6.27000%	0.09012%	6.17988%	13,574.41	NAP
48.00	Loan		1	Auman Acres	27,922.08	2,150,000	2,150,000	2,150,000	6.47000%	0.01512%	6.45488%	NAP	11,753.08
49.00	Loan	53, 54	1	320 W. 89th St. Owners Corp.	48,402.34	1,600,000	1,597,277	1,371,920	6.32000%	0.09012%	6.22988%	9,924.43	NAP
50.00	Loan	53, 54	1	Kamgil House Realty Corp.	15,613.54	1,500,000	1,498,900	1,291,213	6.45000%	0.09012%	6.35988%	9,431.75	NAP
51.00	Loan	53, 54	1	250 Equities Corp.	56,521.74	1,300,000	1,300,000	1,127,013	6.72000%	0.09012%	6.62988%	8,405.87	NAP
52.00	Loan	53, 54	1	368 West 23rd St. Apts., Inc.	142,857.14	1,000,000	1,000,000	872,035	6.94000%	0.09012%	6.84988%	6,612.78	NAP

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Annual Debt Service (P&I) ($)	Annual Debt Service (IO) ($)	Amortization Type	ARD Loan (Yes / No)	Interest Accrual Method	Original Interest-Only Period (Mos.)	Remaining Interest-Only Period (Mos.)	Original Term To Maturity / ARD (Mos.)
1.00	Loan	5, 6, 7, 8, 9	1	St. Johns Town Center	NAP	6,030,611.16	Interest Only	No	Actual/360	120	120	120
2.00	Loan	5, 10, 11, 12	1	Dallas Market Center	NAP	5,933,075.04	Interest Only	No	Actual/360	120	120	120
3.00	Loan	5	1	Woodfield Mall	NAP	5,106,599.16	Interest Only	No	Actual/360	120	114	120
4.00	Loan	5	1	Westwood Gateway II	NAP	4,227,916.68	Interest Only	No	Actual/360	120	118	120
5.00	Loan	5, 13, 14, 15, 16, 17	1	Danbury Fair Mall	5,209,076.64	4,499,912.64	Interest Only, Amortizing Balloon	No	Actual/360	96	92	120
6.00	Loan	5	1	60 Hudson	NAP	3,878,378.52	Interest Only	No	Actual/360	120	112	120
7.00	Loan	5, 18, 19	8	DHC Medical Office Portfolio	NAP	4,384,380.00	Interest Only	No	Actual/360	120	120	120
7.01	Property		1	47071 Bayside Parkway
7.02	Property		1	4 Maguire Road
7.03	Property		1	200 Old Country Road
7.04	Property		1	21 Spurs Lane
7.05	Property		1	5750 Centre Avenue
7.06	Property		1	1325 South Congress Avenue
7.07	Property		1	1501 Milstead Road
7.08	Property		1	210 Mall Boulevard
8.00	Loan	18	7	SSW Advanced Technologies	4,483,225.08	4,016,154.84	Interest Only, Amortizing Balloon	No	Actual/360	60	57	120
8.01	Property		1	Vincennes
8.02	Property		1	Newport
8.03	Property		1	Sweetwater
8.04	Property		1	Henderson
8.05	Property		1	Clinton
8.06	Property		1	Madison
8.07	Property		1	Elizabethtown
9.00	Loan	20, 21, 22	1	Citadel Crossing - Colorado Springs	NAP	3,379,595.88	Interest Only	No	Actual/360	60	60	60
10.00	Loan	5, 18, 23	7	Rhino Portfolio 3	NAP	2,611,005.24	Interest Only	No	Actual/360	120	115	120
10.01	Property		1	The Summit
10.02	Property		1	Blvd 2500
10.03	Property		1	Jackson
10.04	Property		1	Haymarket
10.05	Property		1	North Aurora
10.06	Property		1	At Home - Arlington
10.07	Property		1	Houma
11.00	Loan	24	1	Anaheim Desert Palm Hotel & Suites	NAP	2,044,424.04	Interest Only	No	Actual/360	120	119	120
12.00	Loan	18	2	Baxters Industrial Portfolio	2,306,830.92	2,030,336.04	Interest Only, Amortizing Balloon	No	Actual/360	60	58	120
12.01	Property		1	Baxters East Bernstadt
12.02	Property		1	Baxters Salem
13.00	Loan	25	1	Hilton Garden Inn Lompoc	2,354,849.52	2,162,625.00	Interest Only, Amortizing Balloon	No	Actual/360	60	57	120
14.00	Loan	26, 27, 28	1	201 West 72nd Street	NAP	1,784,028.72	Interest Only	No	Actual/360	120	120	120
15.00	Loan	29	1	Richland Town Center	1,972,115.52	NAP	Amortizing Balloon	No	Actual/360	0	0	120
16.00	Loan	5, 30, 31, 32, 33, 34, 35, 36, 37, 38	1	1812 North Moore	2,103,809.76	1,908,645.84	Interest Only, Amortizing Balloon	No	Actual/360	24	23	60
17.00	Loan	39	1	JLL Plaza Leased Fee	NAP	1,524,890.88	Interest Only - ARD	Yes	Actual/360	120	119	120
18.00	Loan	40	1	Rancho Bernardo Technology Portfolio	1,700,914.44	1,506,284.04	Interest Only, Amortizing Balloon	No	Actual/360	36	31	120
19.00	Loan	41	1	615 Chestnut Street	1,502,314.32	NAP	Amortizing Balloon	No	Actual/360	0	0	120
20.00	Loan	18, 42	2	White Oak & Westlake Retail Portfolio	NAP	1,102,786.68	Interest Only	No	Actual/360	120	119	120
20.01	Property		1	Westlake Shopping Center
20.02	Property		1	White Oak Village
21.00	Loan	5, 43, 44, 45, 46	1	Arundel Mills and Marketplace	NAP	1,171,193.76	Interest Only	No	Actual/360	120	113	120
22.00	Loan		1	147 North Main Street	946,876.32	834,886.68	Interest Only, Amortizing Balloon	No	Actual/360	60	60	120
23.00	Loan	47	1	Candlewood Suites McDonough	1,039,853.40	NAP	Amortizing Balloon	No	Actual/360	0	0	120
24.00	Loan	48	1	Del Sol Inn	NAP	680,015.28	Interest Only	No	Actual/360	120	119	120
25.00	Loan	49	1	Ramada Inn - Rockville Centre, NY	NAP	620,662.68	Interest Only	No	Actual/360	120	116	120
26.00	Loan	50, 51	1	William Penn Plaza	NAP	553,988.88	Interest Only	No	Actual/360	120	120	120
27.00	Loan	52	1	Powers Ferry Shopping Center	NAP	579,817.68	Interest Only	No	Actual/360	84	83	84
28.00	Loan	53, 54	1	Bon Aire Park Owners, Inc.	522,678.00	NAP	Amortizing Balloon	No	Actual/360	0	0	120
29.00	Loan	55	1	303 Self Storage Broadway	NAP	421,101.48	Interest Only	No	Actual/360	120	119	120
30.00	Loan	18	4	Snapbox Drop n Roll	NAP	414,845.04	Interest Only	No	Actual/360	120	116	120
30.01	Property		1	2222 Hwy 163
30.02	Property		1	Millers Creek
30.03	Property		1	Mt. Jefferson Road
30.04	Property		1	1992 NC-163
31.00	Loan	56	1	Hampton Inn & Suites Center, TX	532,583.04	NAP	Amortizing Balloon	No	Actual/360	0	0	120
32.00	Loan		1	Vigouroux Marketplace Mobile AL	NAP	403,172.88	Interest Only	No	Actual/360	120	119	120
33.00	Loan		1	740 Veterans Memorial Hwy	444,666.12	NAP	Amortizing Balloon	No	Actual/360	0	0	120
34.00	Loan	57	1	97 Greenwich (NYC Equinox)	NAP	352,377.12	Interest Only	No	Actual/360	120	120	120
35.00	Loan		1	1130 West C Street	NAP	320,262.12	Interest Only	No	Actual/360	120	115	120
36.00	Loan		1	Wesley Park Townhomes	318,899.52	NAP	Amortizing Balloon	No	Actual/360	0	0	120
37.00	Loan	53, 54	1	67th Road Housing Corporation	281,063.64	NAP	Amortizing Balloon	No	Actual/360	0	0	120
38.00	Loan	18	2	AAA Storage Greensboro and Kernersville	NAP	224,272.20	Interest Only	No	Actual/360	120	120	120
38.01	Property		1	AAA Storage A15 Greensboro

		FREE WRITING PROSPECTUS
		FILED PURSUANT TO RULE 433
		REGISTRATION FILE NO.: 333-257991-10

See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the prospectus for additional information on the 15 largest mortgage loans.

(1)	“WFB” denotes Wells Fargo Bank, National Association, “BANA” denotes Bank of America, National Association, "CREFI" denotes Citi Real Estate Funding Inc., “MSBNA” denotes Morgan Stanley Bank, N.A., “MSMCH” denotes Morgan Stanley Mortgage Capital Holdings LLC, “JPMCB” denotes JPMorgan Chase Bank, National Association, “NCB” denotes National Cooperative Bank, N.A., "NCCB" denotes National Consumer Cooperative Bank, “BCREI” denotes Barclays Capital Real Estate Inc., "BMO" denotes Bank of Montreal, "DBRI" denotes Deutsche Bank, "GSBI" denotes Goldman Sachs Bank USA, "SGFC" denotes Société Generale Financial Corporation and "UBS AG" denotes UBS.

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

(3)	Certain tenants may not be in occupancy or may be in free rent periods. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Other” in this prospectus for information regarding (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that individually or together with their affiliates occupy 50% or more of the net rentable area of related Mortgaged Properties, which, in each case, are not in occupancy or are in free rent periods.

(4)	Certain tenants may have lease termination options that are exercisable prior to the originally stated expiration date of the subject lease. See “Description of the Mortgage Pool—Tenant Issues—Lease Expirations and Terminations—Terminations” in this prospectus for information regarding certain lease termination options affecting (i) single tenant properties, (ii) the largest 5 tenants with respect to the largest 15 Mortgage Loans or groups of cross-collateralized Mortgage Loans and (iii) tenants that occupy 50% or more of the net rentable area of the related Mortgaged Properties.

(5)	With respect to Mortgage Loan No. 1 (St. Johns Town Center), Mortgage Loan No. 2 (Dallas Market Center), Mortgage Loan No. 3 (Woodfield Mall), Mortgage Loan No. 4 (Westwood Gateway II), Mortgage Loan No. 5 (Danbury Fair Mall), Mortgage Loan No. 6 (60 Hudson), Mortgage Loan No. 7 (DHC Medical Office Portfolio), Mortgage Loan No. 10 (Rhino Portfolio 3), Mortgage Loan No. 16 (1812 North Moore), and Mortgage Loan No. 21 (Arundel Mills and Marketplace), such Mortgage Loans are part of a Whole Loan related to the Issuing Entity. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loans, all LTV, DSCR, Debt Yield and Loan Per Unit ($) calculations are in each case based on the subject Mortgage Loan together with any related Pari Passu Companion Loan, but (unless otherwise indicated) without regard to any related Subordinate Companion Loan(s). For further information, see “Description of the Mortgage Pool—The Whole Loans—General”, “—The Serviced Pari Passu Whole Loans”, “—The Non-Serviced Pari Passu Whole Loans”, and “Pooling and Servicing Agreement” or “Pooling and Servicing Agreement—Servicing of the Non-Serviced Mortgage Loans,” as applicable, in this prospectus.

(6)	With respect to Mortgage Loan No. 1 (St. Johns Town Center), Shops at St. Johns, LLC (“Mall Borrower”) is not jointly and severally liable with STJTC II, LLC (“Phase II Borrower”) under the Consolidated Note A-2, which evidences indebtedness in the amount of $76,653,493.87, and Phase II Borrower is not jointly and severally liable with Mall Borrower under Consolidated Note A-1, which evidences indebtedness in the amount of $158,877,573.74; however, the foregoing limitations on liability do not affect or impair the liability of: (a) Mall Borrower under the Note Guaranty Agreement (Mall Borrower), pursuant to which Mall Borrower has guaranteed Phase II Borrower’s payment of the outstanding principal balance of and performance of all of Phase II Borrower’s other obligations under the Consolidated Note A-2, or (b) Phase II Borrower under the Note Guaranty Agreement (Phase II Borrower), pursuant to which Phase II Borrower has guaranteed Mall Borrower’s payment of the outstanding principal balance of and performance of all of Mall Borrower’s other obligations under the Consolidated Note A-1.


(17)	With respect to Mortgage Loan No. 5 (Danbury Fair Mall), for so long as no trigger period is continuing, the TI/LC Cap ($) for approved leasing costs incurred after the origination date is equal to twenty-four (24) times the required monthly deposit.

(18)	With respect to Mortgage Loan No. 7 (DHC Medical Office Portfolio), Mortgage Loan No. 8 (SSW Advanced Technologies), Mortgage Loan No. 10 (Rhino Portfolio 3), Mortgage Loan No. 12 (Baxters Industrial Portfolio), Mortgage Loan No. 20 (White Oak & Westlake Retail Portfolio), Mortgage Loan No. 30 (Snapbox Drop n Roll), Mortgage Loan No. 38 (AAA Storage Greensboro and Kernersville), Mortgage Loan No. 41 (Pool Portfolio), Mortgage Loan No. 42 (Bluejay Family Dollar Portfolio), such Mortgage Loan is secured by multiple properties. For purposes of the statistical information set forth in this prospectus as to such Mortgage Loan, all LTV, DSCR, Debt Yield and Loan Per Unit ($) calculations are shown on an aggregate basis, and a portion of the Cut-off Date Balance has been allocated to each Mortgaged Property based on the respective appraised values and/or Underwritten NCF, among other methods.

(19)	With respect to Mortgage Loan No. 7 (DHC Medical Office Portfolio), the annual ground lease payment for the 200 Old Country Road Mortgaged Property increases every five years. It will increase from $206,000 annually to $221,450 on September 1, 2025. It will increase from $221,450 to 238,059 on September 1, 2030.

(20)	With respect to Mortgage Loan No. 9 (Citadel Crossing - Colorado Springs), the "as-stabilized" appraised value was used which assumes that Burlington Coat Factory has taken occupancy at the Citadel Crossing – Colorado Springs Mortgaged Property. Burlington Coat Factory has executed a lease for 24,124 square feet which is expected to commence in July 2024. The appraiser also concluded to an “as-is” value of $62,300,000 as of May 2, 2024. The Cut-off Date LTV Ratio and the Maturity Date LTV Ratio based on the “as-is” value are each 65.8%. At origination of the Citadel Crossing – Colorado Springs Mortgage Loan, $3,530,637 was reserved in an unfunded obligations reserve, of which $2,934,051 was reserved for tenant improvements, landlord work and gap rent associated with the Burlington Coat Factory lease.

(21)	With respect to Mortgage Loan No. 9 (Citadel Crossing - Colorado Springs), the third largest tenant, Burlington Coat Factory, executed a lease for 24,124 square feet but has not yet taken possession of its premises. The borrower must deliver the premises in accordance with the lease to Burlington Coat Factory by June 30, 2024. If the borrower fails to do so, a $5,000 per day late fee for each day the premises goes undelivered is owed to Burlington Coat Factory. If the borrower fails to deliver the premises by December 31, 2024, then at any time within 30 days thereafter, Burlington Coat Factory may terminate the lease on 30 days’ written notice. Burlington Coat Factory is not obligated to begin paying rent until the earlier of (i) the date of the grand opening of the store or (ii) the next October 1 or April 1 that is at least 240 days after, among other conditions in the lease, the borrower delivers physical possession of the premises to Burlington Coat Factory. At origination of the Citadel Crossing – Colorado Springs Mortgage Loan, approximately $112,579 was reserved for gap rent for the months of July, August, September and October 2024.

(22)	With respect to Mortgage Loan No. 9 (Citadel Crossing - Colorado Springs), the second largest tenant, Restaurant Depot, may terminate its space at any time after February 23, 2029 upon 180 days' prior written notice.

(23)	With respect to Mortgage Loan No. 10 (Rhino Portfolio 3), the appraised value represents the “As-Is with Escrow Reserve” value, which includes the extraordinary assumption that certain escrows have been reserved for tenant improvements and leasing commissions, gap rent and free rent associated with the lease up of various tenant spaces in an estimated aggregate amount of $14,863,997. At origination of the Rhino Portfolio 3 Whole Loan, the borrowers deposited with the lender approximately (i) $11,354,360 for outstanding tenant improvement work and leasing commission obligations, (ii) $2,278,509 for gap rent, (iii) $136,064 for free rent and (iv) $1,300,000 for an earnout reserve related to the Trader Joe’s lease. The Cut-off Date LTV Ratio and the LTV Ratio at Maturity or ARD assuming the "as-is" value are 66.8%.

(24)	With respect to Mortgage Loan No. 11 (Anaheim Desert Palm Hotel & Suites), the FF&E reserve may be adjusted based on annual operating statements in an amount equal to the greater of (i) the then-existing FF&E reserve monthly deposit; or (ii) 1/12th of 3% of the trailing 12-month underwritten revenue for the prior fiscal year. The monthly reserve amount is initially estimated at $34,568.


(25)	With respect to Mortgage Loan No. 13 (Hilton Garden Inn Lompoc), the Mortgaged Property also secures a $2,000,000 Economic Injury Disaster Loan from the United States Small Business Administration originated in May 2020 that was interest-only for the first two years at 3.75% and is now amortizing on a 30-year schedule, and matures on May 22, 2050. The SBA has entered into a subordination agreement subordinating the lien of its mortgage to the lien of the Mortgage Loan documents. The NCF debt yield on the two combined loan amounts is 11.4%.

(26)	With respect to Mortgage Loan No. 14 (201 West 72nd Street), the largest tenant, Bloomingdale's, LLC (“Bloomingdale’s”), has a single termination right which may be exercised if Bloomingdale’s gross sales from April 1, 2028 through and including March 31, 2029 (the “Testing Period”) do not exceed $20,000,000. Provided Bloomingdale’s is not and continues to not be in monetary or material non-monetary default, if Bloomingdale’s gross sales did not exceed $20,000,000 during the Testing Period, Bloomingdale’s has the right to terminate its lease, effective March 31, 2030, provided that Bloomingdale’s (i) gives written notice to the landlord on or before May 31, 2029 and (ii) pays a termination fee equal to one year of the fixed annual rent then in effect as of the date of the termination notice. In addition, if Bloomingdale’s gross sales did not exceed $20,000,000 during the Testing Period, the landlord may elect to terminate the lease, effective March 31, 2030, by giving written notice to Bloomingdale’s on or before May 31, 2029; provided that no termination fee will be payable upon a landlord termination.

(27)	With respect to Mortgage Loan No. 14 (201 West 72nd Street), the Mortgaged Property is part of a mixed use condominium comprised of residential, storage and commercial units. The single commercial condominium unit is comprised of two sub-units that are owned by the related borrower and leased to the two commercial tenants at the Mortgaged Property. The commercial unit represents 10.0970% of the condominium association. The condominium board is comprised of seven members, five elected by the residential and storage unit owners and two elected exclusively by the commercial unit owner. Accordingly, the borrower does not control the condominium.

(28)	With respect to Mortgage Loan No. 14 (201 West 72nd Street), the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by average rent steps attributed to Bloomingdale's, LLC.

(29)	With respect to Mortgage Loan No. 15 (Richland Town Center), in the event TJ Maxx (i) fails to renew its lease on or prior to the earlier of (a) six months prior to lease expiration, or (b) the date required under the lease to exercise a renewal option, (ii) goes dark, (iii) files bankruptcy or similar insolvency proceeding, or (iv) cancels its lease, excess cash flow will be deposited into a major tenant reserve, to be released for qualified leasing expenses in connection with the TJ Maxx space.

(30)	With respect to Mortgage Loan No. 16 (1812 North Moore), the largest tenant, Nestle USA, Inc. ("Nestle"), has two options to contract its space at the 1812 North Moore Mortgaged Property. The first option specifies Nestle can reduce its space only for the lowest full floor that is part of the premises, effective any time after January 31, 2027 by providing written notice no later than 12 months prior to the first contraction date. The second option specifies Nestle has the one-time right to reduce its space (x) if the foregoing contraction option was exercised, then only as to the lowest full floor that is then part of the leased premises, and (y) if the foregoing contraction option was not exercised, then only as to the lowest floor or the lowest two floors that are then part of the leased premises, in each case effective January 31, 2030 by providing written notice no later than 12 months prior to the second contraction date.

(31)	With respect to Mortgage Loan No. 16 (1812 North Moore), the third largest tenant, Oracle America, Inc., leases 38,075 square feet of space that expires in December 2029 and 8,187 square feet of space that expires in June 2030.

(32)	With respect to Mortgage Loan No. 16 (1812 North Moore), the fourth largest tenant, Graham Holdings Company, executed a lease dated April 2, 2024. Graham Holdings Company has a lease commencement date in May 2025 and a rent commencement date in September 2025.

(33)	With respect to Mortgage Loan No. 16 (1812 North Moore), the fifth largest tenant, National Electrical Manufacturers Association, executed a lease dated January 6, 2024. National Electrical Manufacturers Association has a lease commencement date in January 2025 and a free rent period for 21 months thereafter. The estimated rent commencement date occurs in October 2026.


(34)	With respect to Mortgage Loan No. 16 (1812 North Moore), the lockout period will be at least 25 payment dates beginning with and including the first payment date in June 2024. Defeasance of the 1812 North Moore Whole Loan in full is permitted at any time after the earlier to occur of (i) April 10, 2028 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 months is based on the anticipated closing date of the BANK 2024-BNK47 securitization trust in June 2024. The actual lockout period may be longer.

(35)	With respect to Mortgage Loan No. 16 (1812 North Moore), the borrower is permitted to obtain future mezzanine financing secured by a pledge of the direct or indirect ownership interests in the borrower subject to certain conditions, including, among others, at the time of origination of such permitted mezzanine debt (x) the combined debt service coverage ratio of the 1812 North Moore Whole Loan and any permitted mezzanine debt must be at least equal to 1.73x to the extent the determination date is prior to May 6, 2026 and 1.55x to the extent the determination date is on or after May 6, 2026, (y) the combined debt yield of the 1812 North Moore Whole Loan and any permitted mezzanine debt must be at least equal to 13.25% and (z) execution of an intercreditor agreement acceptable to the lender and satisfactory to the rating agencies.

(36)	With respect to Mortgage Loan No. 16 (1812 North Moore), the increase from the Most Recent NOI ($) to Underwritten Net Operating Income ($) is primarily driven by the execution of three new leases from September 2023 through January 2024.

(37)	With respect to Mortgage Loan No. 16 (1812 North Moore), the fourth largest tenant, Graham Holdings Company, may accelerate the expiration date of its lease to August 2036 by providing written notice no later than June 30, 2035, along with payment of a termination fee.

(38)	With respect to Mortgage Loan No. 16 (1812 North Moore), the fifth largest tenant, National Electrical Manufacturers Association, has the one time right to terminate its lease effective on the last day of the 105th full calendar month after the commencement date (which is September 2033) by giving 12 months prior written notice.

(39)	With respect to Mortgage Loan No. 17 (JLL Plaza Leased Fee), the Mortgage Loan is structured with an Anticipated Repayment Date (“ARD”) of May 1, 2034 and a final maturity date of May 1, 2036. The initial interest rate for the JLL Plaza Leased Fee Mortgage Loan is 6.3460% per annum. After the ARD, the per annum interest rate will increase to the greater of (a) 9.3460% and (b) the sum of (i) the yield on the then-current United States Treasury security having a maturity nearest the maturity date plus (ii) 5%.

(40)	With respect to Mortgage Loan No. 18 (Rancho Bernardo Technology Portfolio), the appraised value represents the “as-complete” value assuming a damaged retaining wall has been repaired. The estimated cost of the repair, $600,000, was reserved at Mortgage Loan closing. The “as-is” appraised value assuming the repair has not been completed is $36,960,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the “as-is” appraised value are 58.2% and 53.6%, respectively.

(41)	With respect to Mortgage Loan No. 19 (615 Chestnut Street), the guarantor has executed a completion guaranty with respect to all landlord work costs required pursuant to the lease for the second largest tenant, American Association for Cancer Research.

(42)	With respect to Mortgage Loan No. 20 (White Oak & Westlake Retail Portfolio), the total appraised value represents the “as-is” value for Westlake Center property ($13,500,000), and the "as-is" (including excess land) value for the White Oak Village property ($11,000,000). Combined the total Appraised Value with these assumptions is $24,500,000. The total “as-is” appraised value for the two properties is $23,250,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the “as-is” appraised value are 68.8% and 68.8%, respectively.

(43)	With respect to Mortgage Loan No. 21 (Arundel Mills and Marketplace), prepayment of the Arundel Mills and Marketplace Whole Loan is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the Arundel Mills and Marketplace Whole Loan to be securitized and (b) December 1, 2026. The assumed prepayment lockout period of 31 payments is based on the closing date of the BANK 2024-BNK47 transaction in June 2024. If any pari passu note has not been securitized for two years by December 1,


	2026, the borrower may prepay any note that has not been securitized for two years on a greater of (i) 1% of the prepaid amount or (ii) yield maintenance basis in conjunction with defeasance of any securitized pari passu note. In addition, the Arundel Mills and Marketplace Whole Loan may be prepaid in connection with a partial release.

(44)	With respect to Mortgage Loan No. 21 (Arundel Mills and Marketplace), the total square feet consists of 1,391,652 square feet of owned improvements and 547,331 square feet of leased fee improvements. The Cut-off Date Balance Per SF, Maturity Date Balance Per SF, and As-Is Appraised Value Per SF are based on the total SF of 1,938,983. The Cut-off Date Balance Per SF, Maturity Date Balance Per SF, and As-Is Appraised Value Per SF based on the owned SF of 1,391,652 is $258.69, $258.69, and $625.59, respectively.

(45)	With respect to Mortgage Loan No. 21 (Arundel Mills and Marketplace), occupancy represents the occupancy excluding square footage from the leased fee tenant, Live Casino Hotel Maryland, and is based on the owned square feet totaling 1,391,652. Occupancy including Live Casino Hotel Maryland is 98.8%.

(46)	With respect to Mortgage Loan No. 21 (Arundel Mills and Marketplace), the largest tenant, Live Casino Hotel Maryland, is a leased fee tenant, which owns its improvements.

(47)	With respect to Mortgage Loan No. 23 (Candlewood Suites McDonough), the FF&E reserve may be adjusted based on annual operating statements in an amount equal to the greater of (i) the then-existing FF&E Reserve Monthly Deposit; or (ii) 1/12th of 4% of the trailing 12-month underwritten revenue for the prior fiscal quarter. The monthly reserve amount is initially estimated at $13,212.

(48)	With respect to Mortgage Loan No. 24 (Del Sol Inn), the FF&E reserve may be adjusted based on annual operating statements in an amount equal to the greater of (i) the then-existing FF&E Reserve Monthly Deposit; or (ii) 1/12th of 3% of the trailing 12-month underwritten revenue for the prior fiscal quarter. The monthly reserve amount is initially estimated at $12,983.

(49)	With respect to Mortgage Loan No. 25 (Ramada Inn - Rockville Centre, NY), the appraised value represents the “When Complete” value, which is based on an assumed completion date of January 1, 2025. There are some brand mandated capital expenditures outstanding, the budgeted amount of which were fully reserved by the lender at loan closing. The Cut-off Date LTV Ratio and the LTV Ratio at Maturity or ARD assuming the "as-is" value are 46.8%.

(50)	With respect to Mortgage Loan No. 26 (William Penn Plaza), the related Mortgage Loan documents permit an outparcel or other release without prepayment or defeasance. See “Description of the Mortgage Pool—Certain Terms of the Mortgage Loans—Releases; Partial Releases; Property Additions” in this prospectus.

(51)	With respect to Mortgage Loan No. 26 (William Penn Plaza), the appraiser concluded an "as-is" value of $13,700,000 as April 4, 2024, and an "as-is - pad site only" value of $1,100,000. The appraised value excluding the pad site results in a value of $12,600,000. The Mortgage Loan documents allow an outparcel release of the pad site.

(52)	With respect to Mortgage Loan No. 27 (Powers Ferry Shopping Center), the borrower is required to make a one-time deposit of $250,000 into the key tenant reserve upon the occurrence of any key tenant event.

(53)	With respect to all residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the borrower is a cooperative housing corporation. No individual or entity (other than the borrower) has recourse obligations with respect to the residential cooperative Mortgage Loans sold to the trust, including pursuant to any guaranty or environmental indemnity. Accordingly, no information is presented in the columns labeled Sponsor and Non-Recourse Carveout Guarantor or is shown same as the borrower in Annex A-1. In addition, due to the specialized nature of residential housing cooperatives, certain information presented in and shown on Annex A-1 with respect to other Mortgage Loans is not presented with respect to the residential cooperative Mortgage Loans sold to the trust and is, instead, reflected as not applicable (NAP). For example, since residential cooperatives are not-for-profit entities that generally set maintenance fees to cover current expenses and plan for future capital needs and a residential cooperative is generally able to increase or decrease maintenance fees according to its anticipated expenses and level of cash reserves, historical Net Operating Income figures for residential cooperative properties are generally not


	representative of the cash flow generated by the property if it were operated as a multifamily rental property. Accordingly, the Most Recent NOI, Second Most Recent NOI, Third Most Recent NOI, and the related fields shown on Annex A-1 are not presented on Annex A-1 with respect to the residential cooperative Mortgage Loans sold to the trust. In addition, see “Risk Factors—Risks Relating to the Mortgage Loans—Residential Cooperative Properties Have Special Risks” with respect to the determination of certain fields on Annex A-1, including but not limited to the Appraised Value, Coop-Rental Value, Underwritten Net Operating Income and Underwritten Net Cash Flow.

(54)	With respect to the residential cooperative Mortgage Loans sold to the trust by National Cooperative Bank, N.A., the information contained in the columns entitled “Subordinate Companion Loan Cut-off Date Balance” and “Subordinate Companion Loan Interest Rate” also includes relevant information regarding the subordinate lines of credit corresponding to such loans, although those subordinate lines of credit are not considered Companion Loans. See the chart column entitled “Non-Trust Mortgage Loan Interest Rate” under “Risk Factors — Other Secured Indebtedness — Additional Debt Secured by Residential Cooperative Properties” in this prospectus.

(55)	With respect to Mortgage Loan No. 29 (303 Self Storage Broadway), a grace period of five days is permitted once during any consecutive 12-month period.

(56)	With respect to Mortgage Loan No. 31 (Hampton Inn & Suites Center, TX), the Monthly FF&E Expenditure Amount means (i) $6,846.34 for the Payment Dates which occur in June 2024 through May 2025 and (ii) thereafter a consistent monthly amount for the Payment Dates in June through May of the following calendar year equal to the greater of (a) the monthly amount required to be reserved pursuant to the Franchise Agreement for the replacement of FF&E or (b) one-twelfth (1/12th) of 4% of the Operating Income of the Mortgaged Property for the previous twelve (12) month period, which consistent monthly payment for each twelve (12) month period as described immediately above shall be as determined on the anniversary of the last day of the calendar month in which the Closing Date occurs.

(57)	With respect to Mortgage Loan No. 34 (97 Greenwich (NYC Equinox)), one time during any 12-month period, the borrower has five days to cure an event of default caused by the failure to make the monthly debt service payment.

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Second Most Recent EGI ($)	Second Most Recent Expenses ($)	Second Most Recent NOI ($)	Second Most Recent NOI Date	Second Most Recent Description	Third Most Recent EGI ($)	Third Most Recent Expenses ($)	Third Most Recent NOI ($)
1.00	Loan	5, 6, 7, 8, 9	1	St. Johns Town Center	53,937,457	14,670,553	39,266,904	12/31/2022	T-12	49,482,581	13,527,876	35,954,705
2.00	Loan	5, 10, 11, 12	1	Dallas Market Center	84,850,749	49,758,034	35,092,715	02/28/2023	T-12	75,542,455	41,287,106	34,255,349
3.00	Loan	5	1	Woodfield Mall	74,865,600	38,359,447	36,506,153	12/31/2022	T-12	73,703,131	36,473,501	37,229,630
4.00	Loan	5	1	Westwood Gateway II	36,636,376	11,834,247	24,802,129	12/31/2023	T-12	33,336,127	10,953,934	22,382,193
5.00	Loan	5, 13, 14, 15, 16, 17	1	Danbury Fair Mall	38,671,562	12,281,082	26,390,480	12/31/2022	T-12	38,161,185	15,920,467	22,240,718
6.00	Loan	5	1	60 Hudson	112,940,517	47,378,697	65,561,820	12/31/2022	T-12	118,744,930	41,284,530	77,460,400
7.00	Loan	5, 18, 19	8	DHC Medical Office Portfolio	27,394,821	11,936,174	15,458,647	12/31/2023	T-12	NAV	NAV	NAV
7.01	Property		1	47071 Bayside Parkway	6,309,248	1,640,946	4,668,302	12/31/2023	T-12	NAV	NAV	NAV
7.02	Property		1	4 Maguire Road	4,821,287	1,515,720	3,305,567	12/31/2023	T-12	NAV	NAV	NAV
7.03	Property		1	200 Old Country Road	7,846,827	4,664,408	3,182,420	12/31/2023	T-12	NAV	NAV	NAV
7.04	Property		1	21 Spurs Lane	3,308,120	1,828,094	1,480,027	12/31/2023	T-12	NAV	NAV	NAV
7.05	Property		1	5750 Centre Avenue	2,031,610	1,170,347	861,263	12/31/2023	T-12	NAV	NAV	NAV
7.06	Property		1	1325 South Congress Avenue	1,418,096	723,514	694,582	12/31/2023	T-12	NAV	NAV	NAV
7.07	Property		1	1501 Milstead Road	1,087,371	257,370	830,002	12/31/2023	T-12	NAV	NAV	NAV
7.08	Property		1	210 Mall Boulevard	572,261	135,776	436,485	12/31/2023	T-12	NAV	NAV	NAV
8.00	Loan	18	7	SSW Advanced Technologies	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.01	Property		1	Vincennes	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.02	Property		1	Newport	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.03	Property		1	Sweetwater	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.04	Property		1	Henderson	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.05	Property		1	Clinton	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.06	Property		1	Madison	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
8.07	Property		1	Elizabethtown	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.00	Loan	20, 21, 22	1	Citadel Crossing - Colorado Springs	5,636,779	1,344,629	4,292,150	12/31/2023	T-12	5,010,914	1,325,665	3,685,249
10.00	Loan	5, 18, 23	7	Rhino Portfolio 3	15,185,348	6,416,874	8,768,474	12/31/2022	T-12	13,199,062	6,105,582	7,093,480
10.01	Property		1	The Summit	8,627,098	2,906,016	5,721,082	12/31/2022	T-12	7,849,263	2,845,074	5,004,189
10.02	Property		1	Blvd 2500	3,158,368	1,485,359	1,673,009	12/31/2022	T-12	2,170,634	1,533,798	636,836
10.03	Property		1	Jackson	420,752	292,649	128,103	12/31/2022	T-12	143,890	305,863	(161,973)
10.04	Property		1	Haymarket	1,748,318	1,138,485	609,834	12/31/2022	T-12	2,230,578	1,052,495	1,178,083
10.05	Property		1	North Aurora	1,230,812	594,365	636,447	12/31/2022	T-12	804,697	368,352	436,345
10.06	Property		1	At Home - Arlington	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
10.07	Property		1	Houma	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
11.00	Loan	24	1	Anaheim Desert Palm Hotel & Suites	13,647,690	6,981,566	6,666,124	12/31/2023	T-12	13,023,795	6,725,405	6,298,390
12.00	Loan	18	2	Baxters Industrial Portfolio	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
12.01	Property		1	Baxters East Bernstadt	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
12.02	Property		1	Baxters Salem	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
13.00	Loan	25	1	Hilton Garden Inn Lompoc	8,510,250	4,578,464	3,931,786	12/31/2022	T-12	7,606,151	3,990,359	3,615,792
14.00	Loan	26, 27, 28	1	201 West 72nd Street	5,262,724	1,995,859	3,266,865	12/31/2023	T-12	5,059,068	2,002,074	3,056,994
15.00	Loan	29	1	Richland Town Center	4,224,564	1,156,669	3,067,896	12/31/2022	T-12	4,013,126	1,114,455	2,898,671

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Third Most Recent NOI Date	Third Most Recent Description	Underwritten Economic Occupancy (%)	Underwritten EGI ($)	Underwritten Expenses ($)	Underwritten Net Operating Income ($)	Underwritten Replacement / FF&E Reserve ($)	Underwritten TI / LC ($)	Underwritten Net Cash Flow ($)
1.00	Loan	5, 6, 7, 8, 9	1	St. Johns Town Center	12/31/2021	T-12	92.1%	63,759,318	15,996,884	47,762,434	264,000	2,088,000	45,410,434
2.00	Loan	5, 10, 11, 12	1	Dallas Market Center	02/28/2022	T-12	94.0%	93,314,164	52,910,281	40,403,884	631,706	1,268,250	38,503,927
3.00	Loan	5	1	Woodfield Mall	12/31/2021	T-12	95.5%	74,931,706	32,816,238	42,115,468	195,077	864,590	41,055,801
4.00	Loan	5	1	Westwood Gateway II	12/31/2022	T-12	94.8%	38,185,908	11,938,115	26,247,793	218,779	548,904	25,480,110
5.00	Loan	5, 13, 14, 15, 16, 17	1	Danbury Fair Mall	12/31/2021	T-12	94.5%	43,953,322	13,946,497	30,006,825	166,941	568,561	29,271,323
6.00	Loan	5	1	60 Hudson	12/31/2021	T-12	65.2%	120,518,204	52,684,531	67,833,673	229,924	2,110,256	65,493,494
7.00	Loan	5, 18, 19	8	DHC Medical Office Portfolio	NAV	NAV	87.0%	26,877,478	11,976,039	14,901,438	275,408	1,087,919	13,538,112
7.01	Property		1	47071 Bayside Parkway	NAV	NAV	100.0%	6,438,386	1,453,765	4,984,621	55,760	132,762	4,796,099
7.02	Property		1	4 Maguire Road	NAV	NAV	83.2%	4,232,993	1,568,327	2,664,667	12,019	81,950	2,570,698
7.03	Property		1	200 Old Country Road	NAV	NAV	77.3%	6,901,563	4,666,421	2,235,141	89,796	384,839	1,760,507
7.04	Property		1	21 Spurs Lane	NAV	NAV	87.3%	3,919,417	2,061,953	1,857,464	31,065	194,157	1,632,242
7.05	Property		1	5750 Centre Avenue	NAV	NAV	87.5%	2,148,462	1,137,632	1,010,830	28,876	113,985	867,969
7.06	Property		1	1325 South Congress Avenue	NAV	NAV	92.8%	1,423,883	619,892	803,991	14,274	79,301	710,416
7.07	Property		1	1501 Milstead Road	NAV	NAV	100.0%	1,099,735	325,422	774,313	17,875	57,047	699,392
7.08	Property		1	210 Mall Boulevard	NAV	NAV	100.0%	713,038	142,626	570,411	25,743	43,880	500,789
8.00	Loan	18	7	SSW Advanced Technologies	NAV	NAV	95.0%	8,063,610	1,596,934	6,466,676	246,951	164,517	6,055,208
8.01	Property		1	Vincennes	NAV	NAV	95.0%	1,743,979	334,426	1,409,552	87,092	28,273	1,294,188
8.02	Property		1	Newport	NAV	NAV	95.0%	1,451,159	205,027	1,246,132	34,924	31,191	1,180,017
8.03	Property		1	Sweetwater	NAV	NAV	95.0%	1,349,138	204,584	1,144,554	35,400	28,648	1,080,506
8.04	Property		1	Henderson	NAV	NAV	95.0%	1,303,881	295,554	1,008,326	30,752	25,603	951,971
8.05	Property		1	Clinton	NAV	NAV	95.0%	914,467	234,974	679,493	38,874	18,147	622,472
8.06	Property		1	Madison	NAV	NAV	95.0%	696,506	130,677	565,829	9,703	18,355	537,772
8.07	Property		1	Elizabethtown	NAV	NAV	95.0%	604,480	191,691	412,789	10,206	14,301	388,281
9.00	Loan	20, 21, 22	1	Citadel Crossing - Colorado Springs	12/31/2022	T-12	89.5%	5,971,897	1,402,436	4,569,461	65,614	0	4,503,847
10.00	Loan	5, 18, 23	7	Rhino Portfolio 3	12/31/2021	T-12	92.8%	22,679,232	7,590,897	15,088,334	220,888	841,335	14,026,111
10.01	Property		1	The Summit	12/31/2021	T-12	95.0%	12,646,022	3,193,861	9,452,162	58,712	563,120	8,830,330
10.02	Property		1	Blvd 2500	12/31/2021	T-12	87.5%	3,343,868	1,634,090	1,709,778	75,142	4,069	1,630,567
10.03	Property		1	Jackson	12/31/2021	T-12	95.0%	1,817,664	594,828	1,222,836	20,777	76,165	1,125,894
10.04	Property		1	Haymarket	12/31/2021	T-12	91.9%	2,432,978	1,164,743	1,268,235	34,412	101,526	1,132,297
10.05	Property		1	North Aurora	12/31/2021	T-12	80.8%	1,139,491	485,769	653,723	12,864	52,258	588,601
10.06	Property		1	At Home - Arlington	NAV	NAV	95.0%	1,118,427	485,743	632,684	15,075	37,688	579,921
10.07	Property		1	Houma	NAV	NAV	95.0%	180,781	31,864	148,918	3,906	6,510	138,502
11.00	Loan	24	1	Anaheim Desert Palm Hotel & Suites	12/31/2022	T-12	82.1%	13,827,075	6,946,109	6,880,965	553,083	0	6,327,882
12.00	Loan	18	2	Baxters Industrial Portfolio	NAV	NAV	95.0%	3,580,691	107,421	3,473,270	72,293	105,485	3,295,492
12.01	Property		1	Baxters East Bernstadt	NAV	NAV	95.0%	1,922,049	57,661	1,864,388	42,003	65,629	1,756,756
12.02	Property		1	Baxters Salem	NAV	NAV	95.0%	1,658,641	49,759	1,608,882	30,290	39,856	1,538,736
13.00	Loan	25	1	Hilton Garden Inn Lompoc	12/31/2021	T-12	65.1%	8,633,654	4,982,272	3,651,382	345,346	0	3,306,036
14.00	Loan	26, 27, 28	1	201 West 72nd Street	12/31/2022	T-12	95.0%	5,611,155	2,051,295	3,559,860	4,408	146,955	3,408,497
15.00	Loan	29	1	Richland Town Center	12/31/2021	T-12	92.6%	4,477,362	1,374,534	3,102,829	81,447	145,000	2,876,382