FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-280224-07

BMO 2025-C12 Disclaimer

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (‘‘SEC’’) (file no. 333-280224) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or BMO Capital Markets Corp., any other underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-888-200-0266 (8 a.m. – 5 p.m. EST).

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herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities.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

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

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

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

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

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

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

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

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

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

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

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	% of Initial Pool Balance	% of Loan Balance	Mortgage Loan Originator	Mortgage Loan Seller	Related Group	Crossed Group	Address
1	Loan		1	Washington Square	9.9%	100.0%	GACC, GSBI, BMO, JPMCB, MSBNA	GACC, GSMC, BMO	NAP	NAP	9585 Southwest Washington Square Road
2	Loan		1	32 Old Slip - Leased Fee	9.9%	100.0%	GSBI, Barclays, MSMCH	GSMC	NAP	NAP	32 Old Slip
3	Loan		1	La Gran Plaza	9.8%	100.0%	LCF	LCF	NAP	NAP	4200 South Freeway
4	Loan		1	Dadeland Centre I & II	7.9%	100.0%	GSBI	GSMC	NAP	NAP	9150 and 9155 South Dadeland Boulevard
5	Loan		1	Cape Cod Mall	6.2%	100.0%	BMO	BMO	NAP	NAP	769 Iyannough Road
6	Loan		1	UOVO QPN	5.1%	100.0%	BMO	BMO, GACC	NAP	NAP	41-45 21st Street and 41-54 22nd Street
7	Loan		1	Shoppes at Bedford	4.3%	100.0%	ZBNA	ZBNA	NAP	NAP	79 South River Road
8	Loan		1	Corona Hills Marketplace	3.1%	100.0%	LMF	LMF	NAP	NAP	529-591 North McKinley Street
9	Loan		5	Plymouth Meeting Executive Campus	3.1%		GSBI	GSMC	NAP	NAP	Various
9.01	Property		1	660 West Germantown Pike	1.1%	35.9%					660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike	0.6%	18.5%					620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike	0.5%	16.5%					630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike	0.5%	14.9%					600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike	0.4%	14.3%					610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	2.9%	100.0%	LMF	LMF	NAP	NAP	702-764 Royal Saint George Drive
11	Loan		1	Arcadia on the River	2.8%	100.0%	GACC	GACC	NAP	NAP	120 Pumping Station Road and 700 Nelson Road
12	Loan		1	Green Door Apartments	2.5%	100.0%	LMF	LMF	NAP	NAP	101 Adeline Drive
13	Loan		11	Southeast Retail Portfolio	2.3%		SMC	SMC	NAP	NAP	Various
13.01	Property		1	Oleander Center	0.5%	22.0%					4620 and 4700 Oleander Drive
13.02	Property		1	CVS Baltimore	0.3%	14.1%					2560 West Franklin Street
13.03	Property		1	Shelbyville Crossing	0.2%	8.6%					219 Colloredo Boulevard
13.04	Property		1	Walgreens Pearisburg	0.2%	8.4%					121 North Main Street
13.05	Property		1	Trenton Plaza	0.2%	8.0%					4645-4655 Highway 136
13.06	Property		1	Family Dollar Baltimore	0.2%	7.8%					3645 Potee Street
13.07	Property		1	Dollar Tree Newport News	0.2%	7.4%					13271 Warwick Boulevard
13.08	Property		1	Ace Hardware Greenville	0.1%	6.4%					2098 East Fire Tower Road
13.09	Property		1	Tint World	0.1%	6.2%					700 Shipyard Boulevard
13.10	Property		1	Dollar Tree Tarboro	0.1%	5.6%					1600 North Main Street
13.11	Property		1	Walgreens Warrenton	0.1%	5.4%					126 East Macon Street
14	Loan		1	1301 Rocky Point Drive	2.2%	100.0%	UBS AG	UBS AG	NAP	NAP	1301 Rocky Point Drive
15	Loan		2	7 East 19th Street & 223 East 80th Street	2.0%		Natixis	Natixis	NAP	NAP	Various
15.01	Property		1	7 East 19th Street	1.3%	62.9%					7 East 19th Street
15.02	Property		1	223 East 80th Street	0.7%	37.1%					223 East 80th Street
16	Loan		1	Plaza de Santa Fe	1.7%	100.0%	GSBI	GSMC	NAP	NAP	16950 Via De Santa Fe
17	Loan		1	Willow Creek	1.7%	100.0%	GACC	GACC	NAP	NAP	41840 Ford Road
18	Loan		1	Tripoli Park	1.7%	100.0%	SGFC	SGFC	Group B	NAP	5750 North 95th Street, 5760 North 95th Street, 9305 West Sheridan Avenue, 9580 West Fond Du Lac Avenue, 6345 North 91st Street and 6345-R North 91st Street, 3815 West Good Hope Road, 3827 West Good Hope Road, 5611 North 40th Street, 5127 North 76th Street and 7225 West Burleigh Street
19	Loan		1	118 West Mission Road	1.6%	100.0%	BMO	BMO	NAP	NAP	118 West Mission Road
20	Loan		1	Security Public Storage – Roseville II	1.5%	100.0%	GACC	GACC	NAP	NAP	851 Galleria Boulevard
21	Loan		1	Southside Terrace Apartments	1.5%	100.0%	DBRI	GACC	NAP	NAP	4 Southside Avenue
22	Loan		1	Storquest - Phoenix	1.3%	100.0%	KeyBank	KeyBank	NAP	NAP	1616 East Portland Street
23	Loan		1	Mini U Storage - Santa Fe	1.3%	100.0%	KeyBank	KeyBank	Group A	NAP	2 Emblem Road
24	Loan		1	ABC Junction	1.2%	100.0%	DBRI	GACC	NAP	NAP	37-80 Junction Boulevard
25	Loan		1	Wilmot Place	1.2%	100.0%	GSBI	GSMC	NAP	NAP	6210, 6228, 6230, 6270 East Broadway Boulevard
26	Loan		1	Mini U Storage - Glen Mills	1.2%	100.0%	KeyBank	KeyBank	Group A	NAP	15 Stoney Bank Road
27	Loan		1	Ametek HQ	1.2%	100.0%	BMO	BMO	NAP	NAP	1100 Cassatt Road
28	Loan		1	14339-14351 Haynes Street	1.2%	100.0%	BMO	BMO	NAP	NAP	14339-14351 Haynes Street
29	Loan		1	Estabrook & Fairview	1.2%	100.0%	SGFC	SGFC	Group B	NAP	2453 West Capitol Drive, 2629 West Roosevelt Drive, 4292, 4282, 4275 and 4248 North 27th Street, 5301 and 5308 North 29th Street, 5909 North Teutonia Avenue, 6225-6227 West Fairview Avenue, 7404, 7414 and 7424 North 86th Street and 8631-8633 West Greenbrook Drive
30	Loan		1	Mini U Storage - Folsom	1.1%	100.0%	KeyBank	KeyBank	Group A	NAP	300 South Lexington Drive
31	Loan		1	Enderis & Wells	1.1%	100.0%	SGFC	SGFC	Group B	NAP	2944-2950 North 67th Street, 6665 West Lisbon Avenue, 3743-3745 West Wells Street, 4243 West Nash Street, 4468 North 76th Street, 5953 North 77th Street, 6515 West Florist Avenue and 9745 West Reichert Place
32	Loan		1	Giant Eagle - Chardon	1.0%	100.0%	BMO	BMO	NAP	NAP	351 Center Street
33	Loan		1	145 Main Street	1.0%	100.0%	BMO	BMO	NAP	NAP	145 Main Street
34	Loan		1	Miramar Crossing	0.8%	100.0%	ZBNA	ZBNA	NAP	NAP	11302-11386 & 11400 Miramar Parkway
35	Loan		1	Lafayette Oaks MHC	0.6%	100.0%	SMC	SMC	NAP	NAP	1717 Eraste Landry Road
36	Loan		1	Mini U Storage - Arlington	0.5%	100.0%	KeyBank	KeyBank	Group A	NAP	7812 South Cooper Street
37	Loan		1	Arbor Glade	0.4%	100.0%	KeyBank	KeyBank	NAP	NAP	3140 Southeast 1st Avenue

A-1

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	City	County	State	Zip Code	General Property Type	Detailed Property Type	Year Built	Year Renovated	Number of Units	Unit of Measure	Loan Per Unit ($)	Original Balance ($)
1	Loan		1	Washington Square	Portland	Washington	OR	97223	Retail	Super Regional Mall	1974, 2005	1995, 2008, 2018-2019	994,568	SF	341.86	64,500,000
2	Loan		1	32 Old Slip - Leased Fee	New York	New York	NY	10005	Other	Leased Fee	NAP	NAP	42,176	SF	3,959.60	64,500,000
3	Loan		1	La Gran Plaza	Fort Worth	Tarrant	TX	76115	Mixed Use	Retail / Office	1960, 2019	NAP	1,112,372	SF	57.41	64,000,000
4	Loan		1	Dadeland Centre I & II	Miami	Miami-Dade	FL	33156	Office	Suburban	2003, 2008	2015	242,598	SF	212.29	51,500,000
5	Loan		1	Cape Cod Mall	Hyannis	Barnstable	MA	02601	Retail	Super Regional Mall	1970	1999	506,308	SF	106.65	40,000,000
6	Loan		1	UOVO QPN	Long Island City	Queens	NY	11101	Self Storage	Self Storage	2013	NAP	281,494	SF	508.00	33,000,000
7	Loan		1	Shoppes at Bedford	Bedford	Hillsborough	NH	03110	Retail	Anchored	1967, 1995, 2011, 2012	2023	267,661	SF	104.61	28,000,000
8	Loan		1	Corona Hills Marketplace	Corona	Riverside	CA	92879	Retail	Anchored	1993	NAP	148,805	SF	134.40	20,000,000
9	Loan		5	Plymouth Meeting Executive Campus	Plymouth Meeting	Montgomery	PA	19462	Office	Suburban	Various	Various	521,288	SF	69.06	20,000,000
9.01	Property		1	660 West Germantown Pike	Plymouth Meeting	Montgomery	PA	19462	Office	Suburban	1987	2014	161,521	SF		7,185,854
9.02	Property		1	620 West Germantown Pike	Plymouth Meeting	Montgomery	PA	19462	Office	Suburban	1990	2022	90,183	SF		3,694,146
9.03	Property		1	630 West Germantown Pike	Plymouth Meeting	Montgomery	PA	19462	Office	Suburban	1988	2022	89,870	SF		3,290,244
9.04	Property		1	600 West Germantown Pike	Plymouth Meeting	Montgomery	PA	19462	Office	Suburban	1986	2022	89,626	SF		2,972,683
9.05	Property		1	610 West Germantown Pike	Plymouth Meeting	Montgomery	PA	19462	Office	Suburban	1986	2022	90,088	SF		2,857,073
10	Loan		1	Cress Creek Square Shopping Center	Naperville	DuPage	IL	60563	Retail	Anchored	1987	NAP	144,447	SF	131.54	19,000,000
11	Loan		1	Arcadia on the River	Milledgeville	Baldwin	GA	31061	Multifamily	Student Housing	2017	NAP	510	Beds	35,686.27	18,200,000
12	Loan		1	Green Door Apartments	Belleville	St. Clair	IL	62221	Multifamily	Garden	1964-1982	2023	265	Units	60,139.64	16,000,000
13	Loan		11	Southeast Retail Portfolio	Various	Various	Various	Various	Retail	Various	Various	Various	175,310	SF	83.28	14,600,000
13.01	Property		1	Oleander Center	Wilmington	New Hanover	NC	28403	Retail	Shadow Anchored	1965, 2000	1991	20,665	SF		3,206,999
13.02	Property		1	CVS Baltimore	Baltimore	Baltimore City	MD	21223	Retail	Single Tenant	1998	NAP	12,608	SF		2,065,525
13.03	Property		1	Shelbyville Crossing	Shelbyville	Bedford	TN	37160	Retail	Anchored	1990	NAP	35,400	SF		1,261,057
13.04	Property		1	Walgreens Pearisburg	Pearisburg	Giles	VA	24134	Retail	Single Tenant	1997	NAP	11,288	SF		1,223,008
13.05	Property		1	Trenton Plaza	Trenton	Dade	GA	30752	Retail	Anchored	1992	NAP	33,200	SF		1,174,088
13.06	Property		1	Family Dollar Baltimore	Baltimore	Baltimore City	MD	21225	Retail	Single Tenant	1998	NAP	10,125	SF		1,141,474
13.07	Property		1	Dollar Tree Newport News	Newport News	Newport News City	VA	23602	Retail	Single Tenant	1996	NAP	12,608	SF		1,087,118
13.08	Property		1	Ace Hardware Greenville	Greenville	Pitt	NC	27858	Retail	Single Tenant	1997	NAP	10,908	SF		929,486
13.09	Property		1	Tint World	Wilmington	New Hanover	NC	28412	Retail	Single Tenant	2003	NAP	8,000	SF		902,308
13.10	Property		1	Dollar Tree Tarboro	Tarboro	Edgecombe	NC	27886	Retail	Single Tenant	1998	NAP	10,908	SF		815,339
13.11	Property		1	Walgreens Warrenton	Warrenton	Warren	NC	27589	Retail	Single Tenant	1998	NAP	9,600	SF		793,596
14	Loan		1	1301 Rocky Point Drive	Oceanside	San Diego	CA	92056	Industrial	Manufacturing / Warehouse	2015	NAP	82,950	SF	168.78	14,000,000
15	Loan		2	7 East 19th Street & 223 East 80th Street	New York	New York	NY	Various	Mixed Use	Multifamily / Retail	Various	2018	9	Units	1,444,444.44	13,000,000
15.01	Property		1	7 East 19th Street	New York	New York	NY	10003	Mixed Use	Multifamily / Retail	1886	2018	4	Units		8,180,000
15.02	Property		1	223 East 80th Street	New York	New York	NY	10075	Mixed Use	Multifamily / Retail	1911	2018	5	Units		4,820,000
16	Loan		1	Plaza de Santa Fe	Rancho Santa Fe	San Diego	CA	92091	Office	Suburban	1974	NAP	25,373	SF	441.02	11,190,000
17	Loan		1	Willow Creek	Canton Township	Wayne	MI	48187	Retail	Anchored	1995	2024	161,626	SF	69.03	11,200,000
18	Loan		1	Tripoli Park	Milwaukee	Milwaukee	WI	53225, 53209, 53218, 53222	Multifamily	Garden	1949-1972	2020	94	Units	113,977.08	10,720,000
19	Loan		1	118 West Mission Road	San Gabriel	Los Angeles	CA	91776	Multifamily	Low Rise	1973	2022-2023	51	Units	209,803.92	10,700,000
20	Loan		1	Security Public Storage – Roseville II	Roseville	Placer	CA	95678	Self Storage	Self Storage	2001	NAP	90,495	SF	106.86	9,670,000
21	Loan		1	Southside Terrace Apartments	New Paltz	Ulster	NY	12561	Multifamily	Garden	1970-1985	NAP	140	Units	67,714.29	9,480,000
22	Loan		1	Storquest - Phoenix	Phoenix	Maricopa	AZ	85006	Self Storage	Self Storage	2016	NAP	83,510	SF	104.18	8,700,000
23	Loan		1	Mini U Storage - Santa Fe	Santa Fe	Santa Fe	NM	87507	Self Storage	Self Storage	2009, 2016	NAP	61,881	SF	132.51	8,200,000
24	Loan		1	ABC Junction	Corona	Queens	NY	11368	Retail	Single Tenant	1932	NAP	21,856	SF	366.03	8,000,000
25	Loan		1	Wilmot Place	Tucson	Pima	AZ	85711	Retail	Anchored	1974	2008	61,329	SF	130.44	8,000,000
26	Loan		1	Mini U Storage - Glen Mills	Glen Mills	Delaware	PA	19342	Self Storage	Self Storage	2009, 2016	NAP	79,705	SF	95.98	7,650,000
27	Loan		1	Ametek HQ	Berwyn	Chester	PA	19312	Office	Suburban	1997	2023	43,480	SF	173.93	7,562,500
28	Loan		1	14339-14351 Haynes Street	Van Nuys	Los Angeles	CA	91401	Multifamily	Low Rise	1985	2020	36	Units	209,722.22	7,550,000
29	Loan		1	Estabrook & Fairview	Milwaukee	Milwaukee	WI	53206, 53209, 53213, 53216, 53224	Multifamily	Garden	1927-1989	2017-2018	74	Units	101,812.05	7,550,000
30	Loan		1	Mini U Storage - Folsom	Folsom	Sacramento	CA	95630	Self Storage	Self Storage	2006	NAP	65,263	SF	112.24	7,325,000
31	Loan		1	Enderis & Wells	Milwaukee	Milwaukee	WI	53210, 53208, 53216, 53218, 53225	Multifamily	Garden	1947-1974	2022	67	Units	104,771.13	7,030,000
32	Loan		1	Giant Eagle - Chardon	Chardon	Geauga	OH	44024	Retail	Grocery Anchored	2000	NAP	80,000	SF	81.19	6,500,000
33	Loan		1	145 Main Street	Norwalk	Fairfield	CT	06851	Mixed Use	Industrial / Office	1961	NAP	47,122	SF	131.04	6,175,000
34	Loan		1	Miramar Crossing	Miramar	Broward	FL	33025	Retail	Unanchored	2004-2005	2014	29,884	SF	184.04	5,500,000
35	Loan		1	Lafayette Oaks MHC	Lafayette	Lafayette	LA	70506	Manufactured Housing	Manufactured Housing	1971	NAP	104	Pads	37,740.38	3,925,000
36	Loan		1	Mini U Storage - Arlington	Arlington	Tarrant	TX	76001	Self Storage	Self Storage	1998-2020	NAP	62,945	SF	51.24	3,225,000
37	Loan		1	Arbor Glade	Ocala	Marion	FL	34471	Multifamily	Garden	1976	2022-2024	32	Units	84,531.25	2,705,000

A-2

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Cut-off Date Balance ($)	Maturity/ARD Balance ($)	Interest Rate %	Administrative Fee Rate %	Net Mortgage Rate %	Monthly Debt Service (P&I) ($)	Monthly Debt Service (IO) ($)	Annual Debt Service (P&I) ($)	Annual Debt Service (IO) ($)
1	Loan		1	Washington Square	64,500,000	64,500,000	5.57700%			NAP	303,927.14	NAP	3,647,125.68
2	Loan		1	32 Old Slip - Leased Fee	64,500,000	64,500,000	5.65000%			NAP	307,905.38	NAP	3,694,864.56
3	Loan		1	La Gran Plaza	63,859,671	55,523,457	6.80000%			417,232.12	NAP	5,006,785.44	NAP
4	Loan		1	Dadeland Centre I & II	51,500,000	47,714,442	7.40000%			356,575.60	321,994.21	4,278,907.20	3,863,930.52
5	Loan		1	Cape Cod Mall	40,000,000	40,000,000	6.45500%			NAP	218,155.09	NAP	2,617,861.08
6	Loan		1	UOVO QPN	33,000,000	33,000,000	6.48500%			NAP	180,814.41	NAP	2,169,772.92
7	Loan		1	Shoppes at Bedford	28,000,000	28,000,000	6.80000%			NAP	160,870.37	NAP	1,930,444.44
8	Loan		1	Corona Hills Marketplace	20,000,000	20,000,000	6.17000%			NAP	104,261.57	NAP	1,251,138.84
9	Loan		5	Plymouth Meeting Executive Campus	20,000,000	17,782,933	7.80139%			149,253.49	131,829.03	1,791,041.88	1,581,948.36
9.01	Property		1	660 West Germantown Pike	7,185,854	6,389,278
9.02	Property		1	620 West Germantown Pike	3,694,146	3,284,638
9.03	Property		1	630 West Germantown Pike	3,290,244	2,925,509
9.04	Property		1	600 West Germantown Pike	2,972,683	2,643,151
9.05	Property		1	610 West Germantown Pike	2,857,073	2,540,357
10	Loan		1	Cress Creek Square Shopping Center	19,000,000	17,962,486	6.83000%			124,245.71	109,643.63	1,490,948.52	1,315,723.56
11	Loan		1	Arcadia on the River	18,200,000	18,200,000	6.31900%			NAP	97,169.25	NAP	1,166,031.00
12	Loan		1	Green Door Apartments	15,937,004	12,437,501	6.11000%			104,166.75	NAP	1,250,001.00	NAP
13	Loan		11	Southeast Retail Portfolio	14,600,000	14,600,000	7.60000%			NAP	93,750.93	NAP	1,125,011.11
13.01	Property		1	Oleander Center	3,206,999	3,206,999
13.02	Property		1	CVS Baltimore	2,065,525	2,065,525
13.03	Property		1	Shelbyville Crossing	1,261,057	1,261,057
13.04	Property		1	Walgreens Pearisburg	1,223,008	1,223,008
13.05	Property		1	Trenton Plaza	1,174,088	1,174,088
13.06	Property		1	Family Dollar Baltimore	1,141,474	1,141,474
13.07	Property		1	Dollar Tree Newport News	1,087,118	1,087,118
13.08	Property		1	Ace Hardware Greenville	929,486	929,486
13.09	Property		1	Tint World	902,308	902,308
13.10	Property		1	Dollar Tree Tarboro	815,339	815,339
13.11	Property		1	Walgreens Warrenton	793,596	793,596
14	Loan		1	1301 Rocky Point Drive	14,000,000	13,165,626	6.40000%			87,570.83	75,703.70	1,050,849.96	908,444.40
15	Loan		2	7 East 19th Street & 223 East 80th Street	13,000,000	13,000,000	6.67500%			NAP	73,316.84	NAP	879,802.08
15.01	Property		1	7 East 19th Street	8,180,000	8,180,000
15.02	Property		1	223 East 80th Street	4,820,000	4,820,000
16	Loan		1	Plaza de Santa Fe	11,190,000	11,190,000	6.47500%			NAP	61,217.98	NAP	734,615.76
17	Loan		1	Willow Creek	11,156,460	8,726,625	6.18000%			73,399.10	NAP	880,789.20	NAP
18	Loan		1	Tripoli Park	10,713,845	9,417,417	7.27500%			73,311.16	NAP	879,733.92	NAP
19	Loan		1	118 West Mission Road	10,700,000	10,700,000	6.79000%			NAP	61,385.06	NAP	736,620.72
20	Loan		1	Security Public Storage – Roseville II	9,670,000	8,588,478	6.08700%			58,518.52	49,732.34	702,222.24	596,788.08
21	Loan		1	Southside Terrace Apartments	9,480,000	9,480,000	7.06600%			NAP	56,596.70	NAP	679,160.40
22	Loan		1	Storquest - Phoenix	8,700,000	8,700,000	6.37000%			NAP	46,823.92	NAP	561,887.04
23	Loan		1	Mini U Storage - Santa Fe	8,200,000	8,200,000	7.09000%			NAP	49,121.23	NAP	589,454.76
24	Loan		1	ABC Junction	8,000,000	8,000,000	6.80600%			NAP	46,003.52	NAP	552,042.24
25	Loan		1	Wilmot Place	8,000,000	7,576,014	6.97300%			53,079.21	47,132.31	636,950.52	565,587.72
26	Loan		1	Mini U Storage - Glen Mills	7,650,000	7,650,000	6.77000%			NAP	43,758.18	NAP	525,098.16
27	Loan		1	Ametek HQ	7,562,500	7,133,064	6.64000%			48,498.55	42,427.03	581,982.60	509,124.36
28	Loan		1	14339-14351 Haynes Street	7,550,000	7,550,000	6.65000%			NAP	42,420.69	NAP	509,048.28
29	Loan		1	Estabrook & Fairview	7,534,092	6,577,393	6.95500%			50,002.37	NAP	600,028.44	NAP
30	Loan		1	Mini U Storage - Folsom	7,325,000	7,325,000	6.77000%			NAP	41,899.17	NAP	502,790.04
31	Loan		1	Enderis & Wells	7,019,666	6,121,546	6.94300%			46,501.96	NAP	558,023.52	NAP
32	Loan		1	Giant Eagle - Chardon	6,495,597	5,628,201	6.73000%			42,072.50	NAP	504,870.00	NAP
33	Loan		1	145 Main Street	6,175,000	6,175,000	6.69000%			NAP	34,903.76	NAP	418,845.12
34	Loan		1	Miramar Crossing	5,500,000	5,500,000	6.32000%			NAP	29,368.98	NAP	352,427.76
35	Loan		1	Lafayette Oaks MHC	3,925,000	3,925,000	7.13000%			NAP	23,644.95	NAP	283,739.34
36	Loan		1	Mini U Storage - Arlington	3,225,000	3,225,000	7.09000%			NAP	19,319.02	NAP	231,828.24
37	Loan		1	Arbor Glade	2,705,000	2,705,000	7.04000%			NAP	16,089.74	NAP	193,076.88

A-3

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Amortization Type	ARD Loan (Yes / No)	Interest Accrual Method	Original Interest-Only Period (Mos.)	Remaining Interest-Only Period (Mos.)	Original Term To Maturity / ARD (Mos.)	Remaining Term To Maturity / ARD (Mos.)	Original Amortization Term (Mos.)	Remaining Amortization Term (Mos.)
1	Loan		1	Washington Square	Interest Only	No	Actual/360	120	118	120	118	0	0
2	Loan		1	32 Old Slip - Leased Fee	Interest Only	No	Actual/360	120	119	120	119	0	0
3	Loan		1	La Gran Plaza	Amortizing Balloon	No	Actual/360	0	0	120	117	360	357
4	Loan		1	Dadeland Centre I & II	Interest Only, Amortizing Balloon	No	Actual/360	36	35	120	119	360	360
5	Loan		1	Cape Cod Mall	Interest Only	No	Actual/360	120	120	120	120	0	0
6	Loan		1	UOVO QPN	Interest Only	No	Actual/360	120	116	120	116	0	0
7	Loan		1	Shoppes at Bedford	Interest Only	No	Actual/360	120	116	120	116	0	0
8	Loan		1	Corona Hills Marketplace	Interest Only	No	Actual/360	120	117	120	117	0	0
9	Loan		5	Plymouth Meeting Executive Campus	Interest Only, Amortizing Balloon	No	Actual/360	24	16	120	112	316	316
9.01	Property		1	660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	Interest Only, Amortizing Balloon	No	Actual/360	60	59	120	119	360	360
11	Loan		1	Arcadia on the River	Interest Only	No	Actual/360	120	117	120	117	0	0
12	Loan		1	Green Door Apartments	Amortizing Balloon	No	Actual/360	0	0	120	117	300	297
13	Loan		11	Southeast Retail Portfolio	Interest Only	No	Actual/360	120	120	120	120	0	0
13.01	Property		1	Oleander Center
13.02	Property		1	CVS Baltimore
13.03	Property		1	Shelbyville Crossing
13.04	Property		1	Walgreens Pearisburg
13.05	Property		1	Trenton Plaza
13.06	Property		1	Family Dollar Baltimore
13.07	Property		1	Dollar Tree Newport News
13.08	Property		1	Ace Hardware Greenville
13.09	Property		1	Tint World
13.10	Property		1	Dollar Tree Tarboro
13.11	Property		1	Walgreens Warrenton
14	Loan		1	1301 Rocky Point Drive	Interest Only, Amortizing Balloon	No	Actual/360	60	57	120	117	360	360
15	Loan		2	7 East 19th Street & 223 East 80th Street	Interest Only	No	Actual/360	120	119	120	119	0	0
15.01	Property		1	7 East 19th Street
15.02	Property		1	223 East 80th Street
16	Loan		1	Plaza de Santa Fe	Interest Only	No	Actual/360	120	118	120	118	0	0
17	Loan		1	Willow Creek	Amortizing Balloon	No	Actual/360	0	0	120	117	300	297
18	Loan		1	Tripoli Park	Amortizing Balloon	No	Actual/360	0	0	120	119	360	359
19	Loan		1	118 West Mission Road	Interest Only	No	Actual/360	120	120	120	120	0	0
20	Loan		1	Security Public Storage – Roseville II	Interest Only, Amortizing Balloon	No	Actual/360	24	21	120	117	360	360
21	Loan		1	Southside Terrace Apartments	Interest Only	No	Actual/360	120	119	120	119	0	0
22	Loan		1	Storquest - Phoenix	Interest Only	No	Actual/360	120	120	120	120	0	0
23	Loan		1	Mini U Storage - Santa Fe	Interest Only	No	Actual/360	120	116	120	116	0	0
24	Loan		1	ABC Junction	Interest Only	No	Actual/360	120	119	120	119	0	0
25	Loan		1	Wilmot Place	Interest Only, Amortizing Balloon	No	Actual/360	60	59	120	119	360	360
26	Loan		1	Mini U Storage - Glen Mills	Interest Only	No	Actual/360	120	117	120	117	0	0
27	Loan		1	Ametek HQ	Interest Only, Amortizing Balloon	No	Actual/360	60	59	120	119	360	360
28	Loan		1	14339-14351 Haynes Street	Interest Only	No	Actual/360	120	117	120	117	0	0
29	Loan		1	Estabrook & Fairview	Amortizing Balloon	No	Actual/360	0	0	120	117	360	357
30	Loan		1	Mini U Storage - Folsom	Interest Only	No	Actual/360	120	117	120	117	0	0
31	Loan		1	Enderis & Wells	Amortizing Balloon	No	Actual/360	0	0	120	118	360	358
32	Loan		1	Giant Eagle - Chardon	Amortizing Balloon	No	Actual/360	0	0	120	119	360	359
33	Loan		1	145 Main Street	Interest Only	No	Actual/360	120	120	120	120	0	0
34	Loan		1	Miramar Crossing	Interest Only	No	Actual/360	120	118	120	118	0	0
35	Loan		1	Lafayette Oaks MHC	Interest Only	No	Actual/360	120	119	120	119	0	0
36	Loan		1	Mini U Storage - Arlington	Interest Only	No	Actual/360	120	116	120	116	0	0
37	Loan		1	Arbor Glade	Interest Only	No	Actual/360	120	116	120	116	0	0

A-4

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Origination Date	Seasoning (Mos.)	Payment Due Date	First Payment Date	First P&I Payment Date	Maturity Date or Anticipated Repayment Date	Final Maturity Date	Grace Period - Late Fee (Days)	Grace Period - Default (Days)
1	Loan		1	Washington Square	03/27/2025	2	6	05/06/2025	NAP	04/06/2035	04/06/2035	5	0
2	Loan		1	32 Old Slip - Leased Fee	05/05/2025	1	6	06/06/2025	NAP	05/06/2035	05/06/2035	0	0
3	Loan		1	La Gran Plaza	03/06/2025	3	6	04/06/2025	04/06/2025	03/06/2035	03/06/2035	0	0
4	Loan		1	Dadeland Centre I & II	04/15/2025	1	6	06/06/2025	06/06/2028	05/06/2035	05/06/2035	5 days grace, once per trailing 12-month period	0
5	Loan		1	Cape Cod Mall	05/08/2025	0	1	07/01/2025	NAP	06/01/2035	06/01/2035	0	0
6	Loan		1	UOVO QPN	01/22/2025	4	6	03/06/2025	NAP	02/06/2035	02/06/2035	0	0
7	Loan		1	Shoppes at Bedford	02/03/2025	4	6	03/06/2025	NAP	02/06/2035	02/06/2035	0	0
8	Loan		1	Corona Hills Marketplace	02/14/2025	3	6	04/06/2025	NAP	03/06/2035	03/06/2035	0	0
9	Loan		5	Plymouth Meeting Executive Campus	09/26/2024	8	6	11/06/2024	11/06/2026	10/06/2034	10/06/2034	0	0
9.01	Property		1	660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	04/30/2025	1	6	06/06/2025	06/06/2030	05/06/2035	05/06/2035	0	0
11	Loan		1	Arcadia on the River	02/10/2025	3	6	04/06/2025	NAP	03/06/2035	03/06/2035	0	0
12	Loan		1	Green Door Apartments	02/26/2025	3	6	04/06/2025	04/06/2025	03/06/2035	03/06/2035	0	0
13	Loan		11	Southeast Retail Portfolio	05/07/2025	0	6	07/06/2025	NAP	06/06/2035	06/06/2035	0	0
13.01	Property		1	Oleander Center
13.02	Property		1	CVS Baltimore
13.03	Property		1	Shelbyville Crossing
13.04	Property		1	Walgreens Pearisburg
13.05	Property		1	Trenton Plaza
13.06	Property		1	Family Dollar Baltimore
13.07	Property		1	Dollar Tree Newport News
13.08	Property		1	Ace Hardware Greenville
13.09	Property		1	Tint World
13.10	Property		1	Dollar Tree Tarboro
13.11	Property		1	Walgreens Warrenton
14	Loan		1	1301 Rocky Point Drive	03/07/2025	3	6	04/06/2025	04/06/2030	03/06/2035	03/06/2035	0	0
15	Loan		2	7 East 19th Street & 223 East 80th Street	05/09/2025	1	9	06/09/2025	NAP	05/09/2035	05/09/2035	0	0
15.01	Property		1	7 East 19th Street
15.02	Property		1	223 East 80th Street
16	Loan		1	Plaza de Santa Fe	04/04/2025	2	6	05/06/2025	NAP	04/06/2035	04/06/2035	0	0
17	Loan		1	Willow Creek	02/24/2025	3	6	04/06/2025	04/06/2025	03/06/2035	03/06/2035	0	0
18	Loan		1	Tripoli Park	04/14/2025	1	1	06/01/2025	06/01/2025	05/01/2035	05/01/2035	5	5
19	Loan		1	118 West Mission Road	05/12/2025	0	6	07/06/2025	NAP	06/06/2035	06/06/2035	0	0
20	Loan		1	Security Public Storage – Roseville II	02/10/2025	3	6	04/06/2025	04/06/2027	03/06/2035	03/06/2035	0	0
21	Loan		1	Southside Terrace Apartments	04/09/2025	1	6	06/06/2025	NAP	05/06/2035	05/06/2035	0	0
22	Loan		1	Storquest - Phoenix	05/02/2025	0	1	07/01/2025	NAP	06/01/2035	06/01/2035	5	5
23	Loan		1	Mini U Storage - Santa Fe	01/31/2025	4	1	03/01/2025	NAP	02/01/2035	02/01/2035	0	0
24	Loan		1	ABC Junction	04/25/2025	1	6	06/06/2025	NAP	05/06/2035	05/06/2035	0	0
25	Loan		1	Wilmot Place	05/05/2025	1	6	06/06/2025	06/06/2030	05/06/2035	05/06/2035	0	0
26	Loan		1	Mini U Storage - Glen Mills	02/28/2025	3	1	04/01/2025	NAP	03/01/2035	03/01/2035	0	0
27	Loan		1	Ametek HQ	04/09/2025	1	6	06/06/2025	06/06/2030	05/06/2035	05/06/2035	0	0
28	Loan		1	14339-14351 Haynes Street	02/14/2025	3	6	04/06/2025	NAP	03/06/2035	03/06/2035	0	0
29	Loan		1	Estabrook & Fairview	02/21/2025	3	1	04/01/2025	04/01/2025	03/01/2035	03/01/2035	5	5
30	Loan		1	Mini U Storage - Folsom	02/28/2025	3	1	04/01/2025	NAP	03/01/2035	03/01/2035	0	0
31	Loan		1	Enderis & Wells	03/13/2025	2	1	05/01/2025	05/01/2025	04/01/2035	04/01/2035	5	5
32	Loan		1	Giant Eagle - Chardon	05/01/2025	1	6	06/06/2025	06/06/2025	05/06/2035	05/06/2035	0	0
33	Loan		1	145 Main Street	05/12/2025	0	6	07/06/2025	NAP	06/06/2035	06/06/2035	0	0
34	Loan		1	Miramar Crossing	03/21/2025	2	6	05/06/2025	NAP	04/06/2035	04/06/2035	0	0
35	Loan		1	Lafayette Oaks MHC	05/1/2025	1	6	06/06/2025	NAP	05/06/2035	05/06/2035	0	0
36	Loan		1	Mini U Storage - Arlington	01/31/2025	4	1	03/01/2025	NAP	02/01/2035	02/01/2035	0	0
37	Loan		1	Arbor Glade	01/10/2025	4	1	03/01/2025	NAP	02/01/2035	02/01/2035	0	0

A-5

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Prepayment Provision	Most Recent EGI ($)	Most Recent Expenses ($)	Most Recent NOI ($)	Most Recent NOI Date	Most Recent Description	Second Most Recent EGI ($)	Second Most Recent Expenses ($)	Second Most Recent NOI ($)	Second Most Recent NOI Date
1	Loan		1	Washington Square	L(26),DorYM1(87),O(7)	50,385,345	10,332,954	40,052,391	12/31/2024	T-12	47,936,177	10,001,861	37,934,316	12/31/2023
2	Loan		1	32 Old Slip - Leased Fee	L(25),D(88),O(7)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
3	Loan		1	La Gran Plaza	L(27),D(88),O(5)	22,327,868	10,751,861	11,576,007	12/31/2024	T-12	20,927,193	10,683,545	10,243,649	12/31/2023
4	Loan		1	Dadeland Centre I & II	L(25),D(88),O(7)	10,652,477	4,559,664	6,092,813	12/31/2024	T-12	10,308,234	4,702,570	5,605,664	12/31/2023
5	Loan		1	Cape Cod Mall	L(24),D(89),O(7)	18,380,004	6,500,234	11,879,770	02/28/2025	T-12	18,173,267	6,311,082	11,862,185	12/31/2024
6	Loan		1	UOVO QPN	L(28),DorYM1(85),O(7)	16,873,514	4,031,876	12,841,638	09/30/2024	T-12	17,137,279	4,000,428	13,136,852	12/31/2023
7	Loan		1	Shoppes at Bedford	L(28),D(87),O(5)	3,349,725	893,125	2,456,599	02/28/2025	T-12	3,296,418	865,282	2,431,136	12/31/2024
8	Loan		1	Corona Hills Marketplace	L(23),YM1(93),O(4)	3,219,455	1,005,686	2,213,769	09/30/2024	T-12	3,351,117	923,422	2,427,695	12/31/2023
9	Loan		5	Plymouth Meeting Executive Campus	L(32),D(81),O(7)	13,457,410	5,779,191	7,678,219	03/31/2025	T-12	13,869,202	5,745,846	8,123,356	12/31/2024
9.01	Property		1	660 West Germantown Pike		NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.02	Property		1	620 West Germantown Pike		NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.03	Property		1	630 West Germantown Pike		NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.04	Property		1	600 West Germantown Pike		NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.05	Property		1	610 West Germantown Pike		NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
10	Loan		1	Cress Creek Square Shopping Center	L(11),YM1(102),O(7)	2,774,243	828,616	1,945,628	02/28/2025	T-12	2,729,975	781,971	1,948,004	12/31/2024
11	Loan		1	Arcadia on the River	L(27),D(89),O(4)	4,470,658	2,017,097	2,453,561	11/30/2024	T-12	4,148,952	2,164,841	1,984,111	12/31/2023
12	Loan		1	Green Door Apartments	L(23),YM1(90),O(7)	3,187,602	1,475,994	1,711,608	03/31/2025	T-12	3,007,477	1,375,062	1,632,415	12/31/2024
13	Loan		11	Southeast Retail Portfolio	L(24),D(92),O(4)	2,159,290	596,042	1,563,248	02/28/2025	T-12	2,144,443	612,302	1,532,142	12/31/2024
13.01	Property		1	Oleander Center		330,685	90,216	240,468	02/28/2025	T-12	339,813	86,749	253,064	12/31/2024
13.02	Property		1	CVS Baltimore		346,646	100,746	245,899	02/28/2025	T-12	345,363	102,840	242,523	12/31/2024
13.03	Property		1	Shelbyville Crossing		257,654	98,401	159,253	02/28/2025	T-12	247,702	97,695	150,008	12/31/2024
13.04	Property		1	Walgreens Pearisburg		169,432	22,565	146,868	02/28/2025	T-12	169,432	21,439	147,994	12/31/2024
13.05	Property		1	Trenton Plaza		189,782	63,782	126,000	02/28/2025	T-12	203,930	70,569	133,361	12/31/2024
13.06	Property		1	Family Dollar Baltimore		196,306	56,844	139,462	02/28/2025	T-12	195,853	56,448	139,405	12/31/2024
13.07	Property		1	Dollar Tree Newport News		159,023	55,115	103,908	02/28/2025	T-12	130,445	69,581	60,864	12/31/2024
13.08	Property		1	Ace Hardware Greenville		141,678	29,225	112,453	02/28/2025	T-12	132,345	28,945	103,401	12/31/2024
13.09	Property		1	Tint World		136,345	27,559	108,786	02/28/2025	T-12	136,345	27,559	108,786	12/31/2024
13.10	Property		1	Dollar Tree Tarboro		122,951	31,719	91,232	02/28/2025	T-12	125,925	30,352	95,573	12/31/2024
13.11	Property		1	Walgreens Warrenton		108,788	19,869	88,919	02/28/2025	T-12	117,288	20,124	97,164	12/31/2024
14	Loan		1	1301 Rocky Point Drive	L(27),D(89),O(4)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
15	Loan		2	7 East 19th Street & 223 East 80th Street	YM1(25),DorYM1(91),O(4)	1,557,356	443,785	1,113,571	01/31/2025	T-12	1,589,481	449,501	1,139,980	12/31/2024
15.01	Property		1	7 East 19th Street		952,037	152,310	799,727	01/31/2025	T-12	996,207	146,109	850,098	12/31/2024
15.02	Property		1	223 East 80th Street		605,319	291,475	313,844	01/31/2025	T-12	593,274	303,392	289,882	12/31/2024
16	Loan		1	Plaza de Santa Fe	L(26),D(87),O(7)	1,883,792	395,385	1,488,407	12/31/2024	T-12	1,814,635	313,563	1,501,071	12/31/2023
17	Loan		1	Willow Creek	L(27),D(89),O(4)	2,487,099	987,046	1,500,053	12/31/2024	T-12	2,180,238	926,101	1,254,137	12/31/2023
18	Loan		1	Tripoli Park	L(35),YM1(81),O(4)	1,433,017	277,397	1,155,621	02/28/2025	T-12	1,397,101	282,591	1,114,511	12/31/2024
19	Loan		1	118 West Mission Road	YM1(113),O(7)	1,268,859	362,819	906,040	02/28/2025	T-12	1,262,332	342,330	920,003	12/31/2024
20	Loan		1	Security Public Storage – Roseville II	L(11),YM1(16),DorYM1(86),O(7)	1,499,200	573,584	925,616	12/31/2024	T-12	1,580,356	586,648	993,708	12/31/2023
21	Loan		1	Southside Terrace Apartments	L(25),D(91),O(4)	2,278,897	850,741	1,428,156	03/31/2025	T-12	2,244,825	752,218	1,492,607	12/31/2024
22	Loan		1	Storquest - Phoenix	L(25),YM1(89),O(6)	1,281,626	486,175	795,451	03/31/2025	T-12	1,271,732	481,708	790,024	12/31/2024
23	Loan		1	Mini U Storage - Santa Fe	L(25),YM1(92),O(3)	1,238,035	433,408	804,627	12/31/2024	T-12	1,257,080	423,991	833,089	12/31/2023
24	Loan		1	ABC Junction	L(25),D(92),O(3)	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
25	Loan		1	Wilmot Place	L(25),D(88),O(7)	708,158	311,098	397,060	01/31/2025	T-12	686,157	305,476	380,680	12/31/2024
26	Loan		1	Mini U Storage - Glen Mills	L(25),YM1(92),O(3)	1,295,984	613,698	682,286	12/31/2024	T-12	1,410,878	425,817	985,061	12/31/2023
27	Loan		1	Ametek HQ	L(25),D(91),O(4)	1,083,736	407,167	676,569	01/31/2025	T-12	1,204,926	414,809	790,117	12/31/2024
28	Loan		1	14339-14351 Haynes Street	YM1(113),O(7)	881,694	196,615	685,079	12/31/2024	T-12	819,444	175,328	644,116	12/31/2023
29	Loan		1	Estabrook & Fairview	L(35),YM1(81),O(4)	1,081,487	237,313	844,175	01/31/2025	T-12	1,077,041	243,182	833,859	12/31/2024
30	Loan		1	Mini U Storage - Folsom	L(25),YM1(92),O(3)	1,244,906	538,809	706,097	12/31/2024	T-12	1,195,005	496,096	698,909	12/31/2023
31	Loan		1	Enderis & Wells	L(35),YM1(81),O(4)	914,590	198,460	716,130	01/31/2025	T-12	896,188	203,750	692,438	12/31/2024
32	Loan		1	Giant Eagle - Chardon	L(11),YM1(14),DorYM1(88),O(7)	1,020,000	0	1,020,000	12/31/2024	T-12	1,020,000	0	1,020,000	12/31/2023
33	Loan		1	145 Main Street	L(24),D(89),O(7)	828,612	317,794	510,818	02/28/2025	T-12	805,912	323,083	482,829	12/31/2024
34	Loan		1	Miramar Crossing	L(26),YM1(89),O(5)	1,575,481	541,910	1,033,572	12/31/2024	T-12	1,382,280	502,116	880,163	12/31/2023
35	Loan		1	Lafayette Oaks MHC	L(25),D(90),O(5)	524,204	127,663	396,541	02/28/2025	T-12	507,424	124,924	382,500	12/31/2024
36	Loan		1	Mini U Storage - Arlington	L(25),YM1(92),O(3)	781,676	461,648	320,028	12/31/2024	T-12	820,106	418,092	402,014	12/31/2023
37	Loan		1	Arbor Glade	L(28),D(86),O(6)	449,351	110,867	338,484	12/31/2024	T-12	412,750	112,143	300,608	12/31/2023

A-6

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Second Most Recent Description	Third Most Recent EGI ($)	Third Most Recent Expenses ($)	Third Most Recent NOI ($)	Third Most Recent NOI Date	Third Most Recent Description	Underwritten Economic Occupancy (%)	Underwritten EGI ($)	Underwritten Expenses ($)	Underwritten Net Operating Income ($)
1	Loan		1	Washington Square	T-12	49,977,230	9,169,354	40,807,876	12/31/2022	T-12	93.7%	52,293,715	11,301,353	40,992,362
2	Loan		1	32 Old Slip - Leased Fee	NAV	NAV	NAV	NAV	NAV	NAV	100.0%	10,481,490	0	10,481,490
3	Loan		1	La Gran Plaza	T-12	17,517,530	9,490,892	8,026,638	12/31/2022	T-12	91.1%	23,198,266	10,619,842	12,578,424
4	Loan		1	Dadeland Centre I & II	T-12	10,648,201	4,227,944	6,420,256	12/31/2022	T-12	93.8%	12,158,154	5,189,845	6,968,310
5	Loan		1	Cape Cod Mall	T-12	18,433,899	6,505,954	11,927,945	12/31/2023	T-12	84.9%	17,595,312	7,057,809	10,537,503
6	Loan		1	UOVO QPN	T-12	16,152,257	3,921,582	12,230,675	12/31/2022	T-12	78.6%	17,547,845	3,643,783	13,904,062
7	Loan		1	Shoppes at Bedford	T-12	3,292,181	945,354	2,346,827	12/31/2023	T-12	95.0%	4,187,543	924,114	3,263,429
8	Loan		1	Corona Hills Marketplace	T-12	2,733,647	967,081	1,766,566	12/31/2022	T-12	95.0%	3,524,900	1,111,847	2,413,053
9	Loan		5	Plymouth Meeting Executive Campus	T-12	13,615,828	5,669,397	7,946,431	12/31/2023	T-12	67.5%	12,621,708	5,463,157	7,158,551
9.01	Property		1	660 West Germantown Pike	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.02	Property		1	620 West Germantown Pike	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.03	Property		1	630 West Germantown Pike	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.04	Property		1	600 West Germantown Pike	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
9.05	Property		1	610 West Germantown Pike	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV	NAV
10	Loan		1	Cress Creek Square Shopping Center	T-12	2,767,162	781,763	1,985,399	12/31/2023	T-12	95.0%	2,907,993	741,400	2,166,592
11	Loan		1	Arcadia on the River	T-12	3,918,551	2,145,529	1,773,022	12/31/2022	T-12	95.0%	4,689,370	2,323,813	2,365,557
12	Loan		1	Green Door Apartments	T-12	2,571,063	1,237,689	1,333,374	12/31/2023	T-12	95.0%	3,538,409	1,549,321	1,989,089
13	Loan		11	Southeast Retail Portfolio	T-12	2,179,548	597,328	1,582,220	12/31/2023	T-12	95.0%	2,360,270	607,506	1,752,764
13.01	Property		1	Oleander Center	T-12	381,714	89,831	291,883	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.02	Property		1	CVS Baltimore	T-12	340,371	87,735	252,635	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.03	Property		1	Shelbyville Crossing	T-12	218,606	99,189	119,417	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.04	Property		1	Walgreens Pearisburg	T-12	194,365	18,925	175,440	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.05	Property		1	Trenton Plaza	T-12	174,192	69,299	104,894	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.06	Property		1	Family Dollar Baltimore	T-12	177,485	55,484	122,000	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.07	Property		1	Dollar Tree Newport News	T-12	195,400	66,843	128,557	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.08	Property		1	Ace Hardware Greenville	T-12	155,851	26,794	129,057	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.09	Property		1	Tint World	T-12	91,738	25,995	65,742	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.10	Property		1	Dollar Tree Tarboro	T-12	123,877	37,660	86,217	12/31/2023	T-12	NAV	NAV	NAV	NAV
13.11	Property		1	Walgreens Warrenton	T-12	125,950	19,573	106,377	12/31/2023	T-12	NAV	NAV	NAV	NAV
14	Loan		1	1301 Rocky Point Drive	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	1,419,499	42,585	1,376,915
15	Loan		2	7 East 19th Street & 223 East 80th Street	T-12	1,732,154	425,829	1,306,325	12/31/2023	T-12	95.0%	1,722,598	472,011	1,250,587
15.01	Property		1	7 East 19th Street	T-12	905,150	134,162	770,988	12/31/2023	T-12	95.0%	949,011	164,748	784,263
15.02	Property		1	223 East 80th Street	T-12	827,004	291,667	535,337	12/31/2023	T-12	95.0%	773,587	307,263	466,324
16	Loan		1	Plaza de Santa Fe	T-12	1,716,790	235,260	1,481,530	12/31/2022	T-12	95.5%	1,962,603	475,538	1,487,065
17	Loan		1	Willow Creek	T-12	1,891,684	808,652	1,083,032	12/31/2022	T-12	91.2%	2,843,641	1,158,998	1,684,642
18	Loan		1	Tripoli Park	T-12	1,127,302	295,700	831,602	12/31/2023	T-12	95.0%	1,512,919	382,168	1,130,751
19	Loan		1	118 West Mission Road	T-12	1,170,068	296,001	874,067	12/31/2023	T-12	95.0%	1,250,909	356,585	894,324
20	Loan		1	Security Public Storage – Roseville II	T-12	1,538,731	538,693	1,000,038	12/31/2022	T-12	85.6%	1,649,194	580,129	1,069,065
21	Loan		1	Southside Terrace Apartments	T-12	2,371,900	1,253,098	1,118,801	12/31/2023	T-12	87.6%	2,361,960	1,171,597	1,190,363
22	Loan		1	Storquest - Phoenix	T-12	1,277,445	505,920	771,525	12/31/2023	T-12	93.4%	1,281,626	485,182	796,444
23	Loan		1	Mini U Storage - Santa Fe	T-12	1,218,162	432,782	785,380	12/31/2022	T-12	79.9%	1,238,035	439,364	798,671
24	Loan		1	ABC Junction	NAV	NAV	NAV	NAV	NAV	NAV	95.0%	1,795,106	558,555	1,236,551
25	Loan		1	Wilmot Place	T-12	523,917	297,153	226,764	12/31/2023	T-12	89.9%	1,115,815	260,268	855,548
26	Loan		1	Mini U Storage - Glen Mills	T-12	1,489,764	460,739	1,029,025	12/31/2022	T-12	83.2%	1,295,984	565,201	730,783
27	Loan		1	Ametek HQ	T-12	1,171,092	397,287	773,805	12/31/2023	T-12	95.0%	1,539,953	409,920	1,130,033
28	Loan		1	14339-14351 Haynes Street	T-12	776,648	167,725	608,923	12/31/2022	T-12	95.0%	857,320	218,475	638,845
29	Loan		1	Estabrook & Fairview	T-12	826,339	246,758	579,581	12/31/2023	T-12	95.0%	1,081,452	300,455	780,997
30	Loan		1	Mini U Storage - Folsom	T-12	1,203,552	519,527	684,026	12/31/2022	T-12	90.1%	1,244,906	548,543	696,363
31	Loan		1	Enderis & Wells	T-12	710,191	205,976	504,215	12/31/2023	T-12	95.0%	973,912	250,775	723,138
32	Loan		1	Giant Eagle - Chardon	T-12	1,020,000	0	1,020,000	12/31/2022	T-12	95.0%	988,000	11,145	976,856
33	Loan		1	145 Main Street	T-12	773,643	277,668	495,975	12/31/2023	T-12	95.0%	917,958	304,467	613,492
34	Loan		1	Miramar Crossing	T-12	1,285,350	404,826	880,524	12/31/2022	T-12	95.0%	1,477,376	448,087	1,029,289
35	Loan		1	Lafayette Oaks MHC	T-12	NAV	NAV	NAV	NAV	NAV	94.1%	551,369	141,212	410,157
36	Loan		1	Mini U Storage - Arlington	T-12	829,004	430,210	398,794	12/31/2022	T-12	78.8%	781,676	464,090	317,586
37	Loan		1	Arbor Glade	T-12	309,463	97,737	211,726	12/31/2022	T-12	94.0%	431,818	151,661	280,157

A-7

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Underwritten Replacement / FF&E Reserve ($)	Underwritten TI / LC ($)	Underwritten Net Cash Flow ($)	Underwritten NOI DSCR (x)	Underwritten NCF DSCR (x)	Underwritten NOI Debt Yield (%)	Underwritten NCF Debt Yield (%)	Appraised Value ($)	Appraised Value Type	Appraisal Date
1	Loan		1	Washington Square	198,914	994,568	39,798,880	2.13	2.07	12.1%	11.7%	655,000,000	As Is	3/1/2025
2	Loan		1	32 Old Slip - Leased Fee	0	0	10,481,490	1.10	1.10	6.3%	6.3%	225,000,000	As Is	3/24/2025
3	Loan		1	La Gran Plaza	222,474	889,898	11,466,052	2.51	2.29	19.7%	18.0%	148,000,000	As Is	2/8/2025
4	Loan		1	Dadeland Centre I & II	63,075	340,792	6,564,442	1.63	1.53	13.5%	12.7%	86,400,000	As Is	4/1/2025
5	Loan		1	Cape Cod Mall	101,262	506,308	9,929,933	2.98	2.81	19.5%	18.4%	108,000,000	As Is	4/9/2025
6	Loan		1	UOVO QPN	42,224	0	13,861,838	1.48	1.47	9.7%	9.7%	234,900,000	As Is	12/16/2024
7	Loan		1	Shoppes at Bedford	48,179	200,746	3,014,504	1.69	1.56	11.7%	10.8%	43,500,000	As Is	12/31/2024
8	Loan		1	Corona Hills Marketplace	22,321	74,403	2,316,330	1.93	1.85	12.1%	11.6%	43,500,000	As Is	11/1/2024
9	Loan		5	Plymouth Meeting Executive Campus	130,322	526,252	6,501,978	2.22	2.02	19.9%	18.1%	69,300,000	As Is Portfolio	7/11/2024
9.01	Property		1	660 West Germantown Pike	NAV	NAV	NAV					24,800,000	As Is	7/11/2024
9.02	Property		1	620 West Germantown Pike	NAV	NAV	NAV					12,800,000	As Is	7/11/2024
9.03	Property		1	630 West Germantown Pike	NAV	NAV	NAV					11,400,000	As Is	7/11/2024
9.04	Property		1	600 West Germantown Pike	NAV	NAV	NAV					10,300,000	As Is	7/11/2024
9.05	Property		1	610 West Germantown Pike	NAV	NAV	NAV					9,900,000	As Is	7/11/2024
10	Loan		1	Cress Creek Square Shopping Center	21,667	93,891	2,051,035	1.45	1.38	11.4%	10.8%	31,800,000	As Is	4/4/2025
11	Loan		1	Arcadia on the River	51,000	0	2,314,557	2.03	1.98	13.0%	12.7%	30,700,000	As Is	11/25/2024
12	Loan		1	Green Door Apartments	66,250	0	1,922,839	1.59	1.54	12.5%	12.1%	29,300,000	As Is	12/27/2024
13	Loan		11	Southeast Retail Portfolio	35,062	87,655	1,630,047	1.56	1.45	12.0%	11.2%	26,860,000	As Is	Various
13.01	Property		1	Oleander Center	NAV	NAV	NAV					5,900,000	As Is	2/19/2025
13.02	Property		1	CVS Baltimore	NAV	NAV	NAV					3,800,000	As Is	2/15/2025
13.03	Property		1	Shelbyville Crossing	NAV	NAV	NAV					2,320,000	As Is	2/14/2025
13.04	Property		1	Walgreens Pearisburg	NAV	NAV	NAV					2,250,000	As Is	2/19/2025
13.05	Property		1	Trenton Plaza	NAV	NAV	NAV					2,160,000	As Is	2/22/2025
13.06	Property		1	Family Dollar Baltimore	NAV	NAV	NAV					2,100,000	As Is	2/15/2025
13.07	Property		1	Dollar Tree Newport News	NAV	NAV	NAV					2,000,000	As Is	2/21/2025
13.08	Property		1	Ace Hardware Greenville	NAV	NAV	NAV					1,710,000	As Is	2/10/2025
13.09	Property		1	Tint World	NAV	NAV	NAV					1,660,000	As Is	2/10/2025
13.10	Property		1	Dollar Tree Tarboro	NAV	NAV	NAV					1,500,000	As Is	2/10/2025
13.11	Property		1	Walgreens Warrenton	NAV	NAV	NAV					1,460,000	As Is	2/10/2025
14	Loan		1	1301 Rocky Point Drive	12,443	52,929	1,311,543	1.31	1.25	9.8%	9.4%	30,000,000	As Is	2/7/2025
15	Loan		2	7 East 19th Street & 223 East 80th Street	3,309	7,063	1,240,215	1.42	1.41	9.6%	9.5%	23,600,000	As Is	2/3/2025
15.01	Property		1	7 East 19th Street	1,375	2,500	780,388					14,000,000	As Is	2/3/2025
15.02	Property		1	223 East 80th Street	1,934	4,563	459,827					9,600,000	As Is	2/3/2025
16	Loan		1	Plaza de Santa Fe	6,343	29,410	1,451,311	2.02	1.98	13.3%	13.0%	24,800,000	As Is	1/14/2025
17	Loan		1	Willow Creek	32,325	142,009	1,510,309	1.91	1.71	15.1%	13.5%	24,200,000	As Is	12/11/2024
18	Loan		1	Tripoli Park	27,072	0	1,103,679	1.29	1.25	10.6%	10.3%	18,100,000	As Is	3/22/2025
19	Loan		1	118 West Mission Road	12,750	0	881,574	1.21	1.20	8.4%	8.2%	16,650,000	As Is	7/16/2024
20	Loan		1	Security Public Storage – Roseville II	9,050	0	1,060,015	1.52	1.51	11.1%	11.0%	17,280,000	As Is	1/3/2025
21	Loan		1	Southside Terrace Apartments	63,000	0	1,127,363	1.75	1.66	12.6%	11.9%	17,800,000	As Is	2/14/2025
22	Loan		1	Storquest - Phoenix	8,351	0	788,093	1.42	1.40	9.2%	9.1%	16,590,000	As Is	3/3/2025
23	Loan		1	Mini U Storage - Santa Fe	6,188	0	792,483	1.35	1.34	9.7%	9.7%	13,850,000	As Is	10/15/2024
24	Loan		1	ABC Junction	4,371	0	1,232,180	2.24	2.23	15.5%	15.4%	23,600,000	As Is	1/17/2025
25	Loan		1	Wilmot Place	12,266	42,780	800,502	1.34	1.26	10.7%	10.0%	11,200,000	As Is	2/27/2025
26	Loan		1	Mini U Storage - Glen Mills	11,492	0	719,291	1.39	1.37	9.6%	9.4%	12,700,000	As Is	10/18/2024
27	Loan		1	Ametek HQ	8,696	43,480	1,077,857	1.94	1.85	14.9%	14.3%	12,200,000	As Is	3/6/2025
28	Loan		1	14339-14351 Haynes Street	9,000	0	629,845	1.25	1.24	8.5%	8.3%	10,800,000	As Is	7/15/2024
29	Loan		1	Estabrook & Fairview	20,498	0	760,499	1.30	1.27	10.4%	10.1%	12,550,000	As Is	2/4/2025
30	Loan		1	Mini U Storage - Folsom	6,526	0	689,837	1.38	1.37	9.5%	9.4%	14,620,000	As Is	10/11/2024
31	Loan		1	Enderis & Wells	19,832	0	703,306	1.30	1.26	10.3%	10.0%	11,200,000	As Is	2/17/2025
32	Loan		1	Giant Eagle - Chardon	43,200	60,000	873,656	1.93	1.73	15.0%	13.4%	15,400,000	As Is	12/4/2024
33	Loan		1	145 Main Street	9,424	18,849	585,218	1.46	1.40	9.9%	9.5%	9,100,000	As Is	3/13/2025
34	Loan		1	Miramar Crossing	5,379	37,255	986,656	2.92	2.80	18.7%	17.9%	15,100,000	As Is	2/20/2025
35	Loan		1	Lafayette Oaks MHC	5,200	0	404,957	1.45	1.43	10.4%	10.3%	6,500,000	As Is	3/11/2025
36	Loan		1	Mini U Storage - Arlington	6,295	0	311,292	1.37	1.34	9.8%	9.7%	6,920,000	As Is	10/25/2024
37	Loan		1	Arbor Glade	9,600	0	270,557	1.45	1.40	10.4%	10.0%	4,100,000	As Is	12/2/2024

A-8

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Cut-off Date LTV Ratio (%)	LTV Ratio at Maturity / ARD (%)	Leased Occupancy (%)	Occupancy Date	Single Tenant (Y/N)	Largest Tenant	Largest Tenant SF	Largest Tenant % of NRA
1	Loan		1	Washington Square	51.9%	51.9%	85.6%	03/27/2025	No	JCPenney	210,585	21.2%
2	Loan		1	32 Old Slip - Leased Fee	74.2%	74.2%	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan		1	La Gran Plaza	43.1%	37.5%	88.4%	02/25/2025	No	Zocalo Property, LP	124,271	11.2%
4	Loan		1	Dadeland Centre I & II	59.6%	55.2%	94.3%	04/08/2025	No	Cole Scott & Kissane	99,642	41.1%
5	Loan		1	Cape Cod Mall	50.0%	50.0%	90.7%	04/17/2025	No	Target	79,615	15.7%
6	Loan		1	UOVO QPN	60.9%	60.9%	87.3%	11/01/2024	NAP	NAP	NAP	NAP
7	Loan		1	Shoppes at Bedford	64.4%	64.4%	98.1%	03/13/2025	No	Kohl's	87,000	32.5%
8	Loan		1	Corona Hills Marketplace	46.0%	46.0%	95.0%	10/17/2024	No	Vons Companies, Inc.	55,650	37.4%
9	Loan		5	Plymouth Meeting Executive Campus	51.9%	46.2%	67.2%	03/31/2025
9.01	Property		1	660 West Germantown Pike			89.7%	03/31/2025	No	Accolade	89,878	55.6%
9.02	Property		1	620 West Germantown Pike			81.2%	03/31/2025	No	Auxilior Capital Partners, Inc.	22,727	25.2%
9.03	Property		1	630 West Germantown Pike			60.4%	03/31/2025	No	Harmony Biosciences, LLC	35,781	39.8%
9.04	Property		1	600 West Germantown Pike			34.3%	03/31/2025	No	American Executive Centers, Inco	14,958	16.7%
9.05	Property		1	610 West Germantown Pike			52.1%	03/31/2025	No	Horst Krekstein	20,884	23.2%
10	Loan		1	Cress Creek Square Shopping Center	59.7%	56.5%	97.8%	03/24/2025	No	Binny's Liquors	29,922	20.7%
11	Loan		1	Arcadia on the River	59.3%	59.3%	98.2%	02/01/2025	NAP	NAP	NAP	NAP
12	Loan		1	Green Door Apartments	54.4%	42.4%	97.7%	04/30/2025	NAP	NAP	NAP	NAP
13	Loan		11	Southeast Retail Portfolio	54.4%	54.4%	98.1%	04/24/2025
13.01	Property		1	Oleander Center			100.0%	04/24/2025	No	Oak Street Health	11,083	53.6%
13.02	Property		1	CVS Baltimore			100.0%	04/24/2025	Yes	CVS	12,608	100.0%
13.03	Property		1	Shelbyville Crossing			90.5%	04/24/2025	No	Food Lion	29,000	81.9%
13.04	Property		1	Walgreens Pearisburg			100.0%	04/24/2025	Yes	Walgreens	11,288	100.0%
13.05	Property		1	Trenton Plaza			100.0%	04/24/2025	No	Food Outlet	29,000	87.3%
13.06	Property		1	Family Dollar Baltimore			100.0%	04/24/2025	Yes	Family Dollar	10,125	100.0%
13.07	Property		1	Dollar Tree Newport News			100.0%	04/24/2025	Yes	Dollar Tree	12,608	100.0%
13.08	Property		1	Ace Hardware Greenville			100.0%	04/24/2025	Yes	Ace Hardware	10,908	100.0%
13.09	Property		1	Tint World			100.0%	04/24/2025	Yes	Tint World	8,000	100.0%
13.10	Property		1	Dollar Tree Tarboro			100.0%	04/24/2025	Yes	Dollar Tree	10,908	100.0%
13.11	Property		1	Walgreens Warrenton			100.0%	04/24/2025	Yes	Walgreens	9,600	100.0%
14	Loan		1	1301 Rocky Point Drive	46.7%	43.9%	100.0%	06/06/2025	Yes	Olli Salumeria Americana, LLC	82,950	100.0%
15	Loan		2	7 East 19th Street & 223 East 80th Street	55.1%	55.1%	100.0%	04/01/2025
15.01	Property		1	7 East 19th Street			100.0%	04/01/2025	No	Scanlan Theodore Americas, LLC	2,500	100.0%
15.02	Property		1	223 East 80th Street			100.0%	04/01/2025	No	Daily Sprouts Bakery LLC	4,563	100.0%
16	Loan		1	Plaza de Santa Fe	45.1%	45.1%	100.0%	02/01/2025	No	Small Office 4 Rent	9,660	38.1%
17	Loan		1	Willow Creek	46.1%	36.1%	100.0%	02/01/2025	No	Crate & Barrel Outlet	38,673	23.9%
18	Loan		1	Tripoli Park	59.2%	52.0%	100.0%	03/13/2025	NAP	NAP	NAP	NAP
19	Loan		1	118 West Mission Road	64.3%	64.3%	100.0%	03/15/2025	NAP	NAP	NAP	NAP
20	Loan		1	Security Public Storage – Roseville II	56.0%	49.7%	85.6%	02/04/2025	NAP	NAP	NAP	NAP
21	Loan		1	Southside Terrace Apartments	53.3%	53.3%	87.9%	03/27/2025	NAP	NAP	NAP	NAP
22	Loan		1	Storquest - Phoenix	52.4%	52.4%	79.8%	03/31/2025	NAP	NAP	NAP	NAP
23	Loan		1	Mini U Storage - Santa Fe	59.2%	59.2%	84.4%	12/31/2024	NAP	NAP	NAP	NAP
24	Loan		1	ABC Junction	33.9%	33.9%	100.0%	060/6/2025	Yes	ABC Super Store	21,856	100.0%
25	Loan		1	Wilmot Place	71.4%	67.6%	89.4%	04/16/2025	No	Ross Dress For Less	21,492	35.0%
26	Loan		1	Mini U Storage - Glen Mills	60.2%	60.2%	82.1%	01/31/2025	NAP	NAP	NAP	NAP
27	Loan		1	Ametek HQ	62.0%	58.5%	100.0%	06/06/2025	Yes	Ametek, INC.	43,480	100.0%
28	Loan		1	14339-14351 Haynes Street	69.9%	69.9%	100.0%	01/01/2025	NAP	NAP	NAP	NAP
29	Loan		1	Estabrook & Fairview	60.0%	52.4%	100.0%	02/01/2025	NAP	NAP	NAP	NAP
30	Loan		1	Mini U Storage - Folsom	50.1%	50.1%	88.7%	01/31/2025	NAP	NAP	NAP	NAP
31	Loan		1	Enderis & Wells	62.7%	54.7%	100.0%	020/1/2025	NAP	NAP	NAP	NAP
32	Loan		1	Giant Eagle - Chardon	42.2%	36.5%	100.0%	06/06/2025	Yes	Giant Eagle	80,000	100.0%
33	Loan		1	145 Main Street	67.9%	67.9%	100.0%	01/01/2025	No	Snap One, LLC	20,354	43.2%
34	Loan		1	Miramar Crossing	36.4%	36.4%	100.0%	03/20/2025	No	Precious Years Christian Learning Center	6,000	20.1%
35	Loan		1	Lafayette Oaks MHC	60.4%	60.4%	95.2%	04/30/2025	NAP	NAP	NAP	NAP
36	Loan		1	Mini U Storage - Arlington	46.6%	46.6%	85.0%	12/31/2024	NAP	NAP	NAP	NAP
37	Loan		1	Arbor Glade	66.0%	66.0%	96.9%	01/01/2025	NAP	NAP	NAP	NAP

A-9

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Largest Tenant Lease Expiration Date	Second Largest Tenant	Second Largest Tenant SF	Second Largest Tenant % of NRA	Second Largest Tenant Lease Expiration Date	Third Largest Tenant
1	Loan		1	Washington Square	08/31/2030	Nordstrom	180,000	18.1%	02/28/2035	DICK'S Sporting Goods
2	Loan		1	32 Old Slip - Leased Fee	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan		1	La Gran Plaza	12/31/2036	Burlington Coat Factory of Texas, L.P	80,000	7.2%	04/30/2028	Academy of Visual and Performing Arts
4	Loan		1	Dadeland Centre I & II	03/31/2034	Sioli & Associates	14,349	5.9%	06/30/2028	Fields & Howell LLP
5	Loan		1	Cape Cod Mall	01/31/2030	That's Entertainment	48,299	9.5%	01/31/2046	DICK'S Sporting Goods
6	Loan		1	UOVO QPN	NAP	NAP	NAP	NAP	NAP	NAP
7	Loan		1	Shoppes at Bedford	01/31/2033	Marshalls	31,000	11.6%	03/31/2026	Homesense
8	Loan		1	Corona Hills Marketplace	12/31/2028	PetSmart, Inc.	24,515	16.5%	02/28/2029	Howard's Appliances, Inc.
9	Loan		5	Plymouth Meeting Executive Campus
9.01	Property		1	660 West Germantown Pike	06/30/2027	Inovio	22,755	14.1%	12/31/2029	Nationwide Mutual Insurance Company
9.02	Property		1	620 West Germantown Pike	08/31/2031	Aerotek	7,997	8.9%	11/30/2027	Berkshire Hathaway
9.03	Property		1	630 West Germantown Pike	06/30/2025	Bio-Medical Applications of Penns	11,624	12.9%	06/30/2026	Intepros Incorporated
9.04	Property		1	600 West Germantown Pike	05/31/2028	Facilities Management Services	5,349	6.0%	05/31/2027	Philadelphia Mortgage Advisors
9.05	Property		1	610 West Germantown Pike	08/31/2035	ConcertAI LLC	8,109	9.0%	04/30/2029	Apex Systems, LLC
10	Loan		1	Cress Creek Square Shopping Center	05/31/2030	Fresh Thyme	28,655	19.8%	09/30/2030	UFC Gym Naperville
11	Loan		1	Arcadia on the River	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan		1	Green Door Apartments	NAP	NAP	NAP	NAP	NAP	NAP
13	Loan		11	Southeast Retail Portfolio
13.01	Property		1	Oleander Center	06/30/2035	FedEx Office	5,000	24.2%	03/31/2030	Light Wave Dental Management
13.02	Property		1	CVS Baltimore	04/03/2029	NAP	NAP	NAP	NAP	NAP
13.03	Property		1	Shelbyville Crossing	08/31/2029	Queen Gyros	1,600	4.5%	12/31/2030	Twelve Baskets
13.04	Property		1	Walgreens Pearisburg	10/31/2038	NAP	NAP	NAP	NAP	NAP
13.05	Property		1	Trenton Plaza	12/31/2027	Price Pharmacy	1,800	5.4%	04/12/2028	Little Caesars
13.06	Property		1	Family Dollar Baltimore	08/31/2028	NAP	NAP	NAP	NAP	NAP
13.07	Property		1	Dollar Tree Newport News	03/31/2034	NAP	NAP	NAP	NAP	NAP
13.08	Property		1	Ace Hardware Greenville	03/22/2033	NAP	NAP	NAP	NAP	NAP
13.09	Property		1	Tint World	12/31/2032	NAP	NAP	NAP	NAP	NAP
13.10	Property		1	Dollar Tree Tarboro	02/28/2031	NAP	NAP	NAP	NAP	NAP
13.11	Property		1	Walgreens Warrenton	04/30/2028	NAP	NAP	NAP	NAP	NAP
14	Loan		1	1301 Rocky Point Drive	02/29/2040	NAP	NAP	NAP	NAP	NAP
15	Loan		2	7 East 19th Street & 223 East 80th Street
15.01	Property		1	7 East 19th Street	02/28/2028	NAP	NAP	NAP	NAP	NAP
15.02	Property		1	223 East 80th Street	10/31/2029	NAP	NAP	NAP	NAP	NAP
16	Loan		1	Plaza de Santa Fe	08/31/2029	Morgan Stanley Smith Barney Financing	7,856	31.0%	05/31/2030	US Post Office
17	Loan		1	Willow Creek	01/31/2035	Marshalls	38,000	23.5%	01/31/2030	Dunham's
18	Loan		1	Tripoli Park	NAP	NAP	NAP	NAP	NAP	NAP
19	Loan		1	118 West Mission Road	NAP	NAP	NAP	NAP	NAP	NAP
20	Loan		1	Security Public Storage – Roseville II	NAP	NAP	NAP	NAP	NAP	NAP
21	Loan		1	Southside Terrace Apartments	NAP	NAP	NAP	NAP	NAP	NAP
22	Loan		1	Storquest - Phoenix	NAP	NAP	NAP	NAP	NAP	NAP
23	Loan		1	Mini U Storage - Santa Fe	NAP	NAP	NAP	NAP	NAP	NAP
24	Loan		1	ABC Junction	01/31/2032	NAP	NAP	NAP	NAP	NAP
25	Loan		1	Wilmot Place	01/31/2036	Beverages & More	15,042	24.5%	01/31/2030	Dollar Tree
26	Loan		1	Mini U Storage - Glen Mills	NAP	NAP	NAP	NAP	NAP	NAP
27	Loan		1	Ametek HQ	08/31/2034	NAP	NAP	NAP	NAP	NAP
28	Loan		1	14339-14351 Haynes Street	NAP	NAP	NAP	NAP	NAP	NAP
29	Loan		1	Estabrook & Fairview	NAP	NAP	NAP	NAP	NAP	NAP
30	Loan		1	Mini U Storage - Folsom	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan		1	Enderis & Wells	NAP	NAP	NAP	NAP	NAP	NAP
32	Loan		1	Giant Eagle - Chardon	08/31/2030	NAP	NAP	NAP	NAP	NAP
33	Loan		1	145 Main Street	06/30/2032	Encore Fire Protection	10,068	21.4%	06/30/2032	Keystone House, Inc.
34	Loan		1	Miramar Crossing	09/30/2033	IHOP	3,600	12.0%	05/31/2030	Maxi Arepa
35	Loan		1	Lafayette Oaks MHC	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	Mini U Storage - Arlington	NAP	NAP	NAP	NAP	NAP	NAP
37	Loan		1	Arbor Glade	NAP	NAP	NAP	NAP	NAP	NAP

A-10

BMO 2025-C12

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Third Largest Tenant SF

Third Largest Tenant % of NRA

Third Largest Tenant Lease Expiration Date

Fourth Largest Tenant

Fourth Largest Tenant SF

Fourth Largest Tenant % of NRA

Fourth Largest Tenant Lease Expiration Date

Fifth Largest Tenant

Fifth Largest Tenant SF

Fifth Largest Tenant % of NRA

1

Loan

1

Washington Square

90,000

9.0%

MTM

Pottery Barn

21,246

2.1%

01/31/2026

H&M

19,481

2.0%

2

Loan

1

32 Old Slip - Leased Fee

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

3

Loan

1

La Gran Plaza

62,759

5.6%

06/30/2027

Fiesta Mart Inc. Store #67

58,500

5.3%

07/31/2028

Amped Fitness

45,887

4.1%

4

Loan

1

Dadeland Centre I & II

11,073

4.6%

03/31/2029

Steel Resources

8,972

3.7%

05/31/2031

Arthur J. Gallagher Risk

6,794

2.8%

5

Loan

1

Cape Cod Mall

45,264

8.9%

01/31/2031

Marshalls

30,728

6.1%

01/31/2030

Best Buy

29,465

5.8%

6

Loan

1

UOVO QPN

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

7

Loan

1

Shoppes at Bedford

27,353

10.2%

09/30/2029

World Market, LLC

21,265

7.9%

01/31/2035

Sierra Trading Post

18,341

6.9%

8

Loan

1

Corona Hills Marketplace

15,120

10.2%

05/31/2029

Huan Keng Pan & Li Hua Zhang, d/b/a Flaming Grill & Buffet

9,000

6.0%

01/31/2032

Corona Hills Phenix Salon, LLC

6,800

4.6%

9

Loan

5

Plymouth Meeting Executive Campus

9.01

Property

1

660 West Germantown Pike

10,160

6.3%

10/31/2025

Wood Group USA, Inc.

7,023

4.3%

12/31/2026

Fidelity

6,583

4.1%

9.02

Property

1

620 West Germantown Pike

6,930

7.7%

07/31/2029

Kimley-Horn

6,730

7.5%

11/30/2028

Tech USA, LLC

6,373

7.1%

9.03

Property

1

630 West Germantown Pike

3,397

3.8%

12/31/2026

Implico, Inc.

1,599

1.8%

10/31/2027

Broadband Office, Inc.

171

0.2%

9.04

Property

1

600 West Germantown Pike

4,641

5.2%

07/31/2025

Shah Vision Institute, P.C.

4,141

4.6%

MTM

Eye Plastic Surgery, Ltd.

434

0.5%

9.05

Property

1

610 West Germantown Pike

6,487

7.2%

01/31/2027

United Anesthesia Services, P.C.

5,195

5.8%

08/31/2026

Eye Plastic Surgery, Ltd.

4,352

4.8%

10

Loan

1

Cress Creek Square Shopping Center

11,979

8.3%

08/31/2029

Hartland Medical Naperville

9,575

6.6%

01/31/2030

X-Golf Naperville LLC

7,000

4.8%

11

Loan

1

Arcadia on the River

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

12

Loan

1

Green Door Apartments

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13

Loan

11

Southeast Retail Portfolio

13.01

Property

1

Oleander Center

3,766

18.2%

12/31/2031

Kindermusik

816

3.9%

12/31/2026

NAP

NAP

NAP

13.02

Property

1

CVS Baltimore

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.03

Property

1

Shelbyville Crossing

1,440

4.1%

12/31/2025

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.04

Property

1

Walgreens Pearisburg

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.05

Property

1

Trenton Plaza

1,200

3.6%

05/31/2027

Paris Nails

1,200

3.6%

12/31/2025

NAP

NAP

NAP

13.06

Property

1

Family Dollar Baltimore

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.07

Property

1

Dollar Tree Newport News

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.08

Property

1

Ace Hardware Greenville

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.09

Property

1

Tint World

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.10

Property

1

Dollar Tree Tarboro

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.11

Property

1

Walgreens Warrenton

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

14

Loan

1

1301 Rocky Point Drive

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

15

Loan

2

7 East 19th Street & 223 East 80th Street

15.01

Property

1

7 East 19th Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

15.02

Property

1

223 East 80th Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

16

Loan

1

Plaza de Santa Fe

5,037

19.9%

11/30/2029

JP Morgan Chase Bank, NA

2,600

10.2%

02/28/2028

Rancho Roasters

220

0.9%

17

Loan

1

Willow Creek

25,718

15.9%

01/31/2028

Michaels

24,000

14.8%

09/30/2029

Dollar Tree

10,800

6.7%

18

Loan

1

Tripoli Park

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

19

Loan

1

118 West Mission Road

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

20

Loan

1

Security Public Storage – Roseville II

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

21

Loan

1

Southside Terrace Apartments

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

22

Loan

1

Storquest - Phoenix

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

23

Loan

1

Mini U Storage - Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

24

Loan

1

ABC Junction

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

25

Loan

1

Wilmot Place

11,169

18.2%

04/30/2034

Famous Footwear

7,111

11.6%

05/31/2027

NAP

NAP

NAP

26

Loan

1

Mini U Storage - Glen Mills

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

27

Loan

1

Ametek HQ

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

28

Loan

1

14339-14351 Haynes Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

29

Loan

1

Estabrook & Fairview

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

30

Loan

1

Mini U Storage - Folsom

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

31

Loan

1

Enderis & Wells

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

32

Loan

1

Giant Eagle - Chardon

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

33

Loan

1

145 Main Street

9,500

20.2%

08/17/2032

RJ Gymnastics, LLC

6,500

13.8%

09/30/2028

Seligson Properties

700

1.5%

34

Loan

1

Miramar Crossing

2,400

8.0%

11/14/2026

PharmaRX, Inc.

2,400

8.0%

05/31/2030

Amici Trattoria Italian

2,400

8.0%

35

Loan

1

Lafayette Oaks MHC

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

36

Loan

1

Mini U Storage - Arlington

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

37

Loan

1

Arbor Glade

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

A-11

BMO 2025-C12

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Fifth Largest Tenant Lease Expiration Date

Environmental Phase I Report Date

Environmental Phase II Report Date

Engineering Report Date

Seismic Report Date

PML or SEL (%)

Flood Zone

Ownership Interest

Ground Lease Expiration Date

Ground Lease Extension Terms

1

Loan

1

Washington Square

01/31/2027

01/10/2025

NAP

01/10/2025

02/24/2025

13%

No

Fee

NAP

NAP

2

Loan

1

32 Old Slip - Leased Fee

NAP

03/27/2025

NAP

03/27/2025

NAP

NAP

Yes - AE

Fee

NAP

NAP

3

Loan

1

La Gran Plaza

11/30/2034

02/12/2025

NAP

02/12/2025

NAP

NAP

No

Fee

NAP

NAP

4

Loan

1

Dadeland Centre I & II

06/30/2027

04/08/2025

NAP

08/07/2024

NAP

NAP

No

Leasehold

12/31/2082

1, 25-year extension options

5

Loan

1

Cape Cod Mall

08/31/2026

04/14/2025

NAP

04/08/2025

NAP

NAP

No

Fee/Leasehold

Various

Various

6

Loan

1

UOVO QPN

NAP

12/31/2024

NAP

12/31/2024

NAP

NAP

No

Fee

NAP

NAP

7

Loan

1

Shoppes at Bedford

09/30/2029

01/16/2025

NAP

01/16/2025

NAP

NAP

No

Fee

NAP

NAP

8

Loan

1

Corona Hills Marketplace

12/31/2028

11/6/2024

NAP

11/5/2024

11/4/2024

18%

No

Fee

NAP

NAP

9

Loan

5

Plymouth Meeting Executive Campus

9.01

Property

1

660 West Germantown Pike

03/31/2029

07/18/2024

NAP

07/18/2024

NAP

NAP

No

Fee

NAP

NAP

9.02

Property

1

620 West Germantown Pike

MTM

07/18/2024

NAP

07/18/2024

NAP

NAP

No

Fee

NAP

NAP

9.03

Property

1

630 West Germantown Pike

MTM

07/18/2024

NAP

07/18/2024

NAP

NAP

No

Fee

NAP

NAP

9.04

Property

1

600 West Germantown Pike

07/31/2026

07/18/2024

NAP

07/18/2024

NAP

NAP

No

Fee

NAP

NAP

9.05

Property

1

610 West Germantown Pike

07/31/2026

07/18/2024

NAP

07/18/2024

NAP

NAP

No

Fee

NAP

NAP

10

Loan

1

Cress Creek Square Shopping Center

06/30/2029

04/10/2025

NAP

04/08/2025

NAP

NAP

No

Fee

NAP

NAP

11

Loan

1

Arcadia on the River

NAP

10/30/2024

NAP

12/26/2024

NAP

NAP

No

Fee

NAP

NAP

12

Loan

1

Green Door Apartments

NAP

01/16/2025

NAP

01/21/2025

NAP

NAP

No

Fee

NAP

NAP

13

Loan

11

Southeast Retail Portfolio

13.01

Property

1

Oleander Center

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.02

Property

1

CVS Baltimore

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.03

Property

1

Shelbyville Crossing

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.04

Property

1

Walgreens Pearisburg

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.05

Property

1

Trenton Plaza

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.06

Property

1

Family Dollar Baltimore

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.07

Property

1

Dollar Tree Newport News

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.08

Property

1

Ace Hardware Greenville

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.09

Property

1

Tint World

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.10

Property

1

Dollar Tree Tarboro

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

13.11

Property

1

Walgreens Warrenton

NAP

02/20/2025

NAP

02/20/2025

NAP

NAP

No

Fee

NAP

NAP

14

Loan

1

1301 Rocky Point Drive

NAP

02/10/2025

NAP

02/10/2025

02/10/2025

14%

No

Fee

NAP

NAP

15

Loan

2

7 East 19th Street & 223 East 80th Street

15.01

Property

1

7 East 19th Street

NAP

01/30/2025

NAP

01/30/2025

NAP

NAP

No

Fee

NAP

NAP

15.02

Property

1

223 East 80th Street

NAP

01/30/2025

NAP

01/30/2025

NAP

NAP

No

Fee

NAP

NAP

16

Loan

1

Plaza de Santa Fe

11/30/2029

01/24/2025

NAP

01/24/2025

01/24/2025

7%

No

Fee

NAP

NAP

17

Loan

1

Willow Creek

06/30/2032

11/06/2024

NAP

12/18/2024

NAP

NAP

No

Fee

NAP

NAP

18

Loan

1

Tripoli Park

NAP

03/27/2025

NAP

03/27/2025

NAP

NAP

No

Fee

NAP

NAP

19

Loan

1

118 West Mission Road

NAP

07/23/2024

NAP

07/23/2024

07/23/2024

18%

No

Fee

NAP

NAP

20

Loan

1

Security Public Storage – Roseville II

NAP

01/16/2025

NAP

01/16/2025

01/16/2025

2%

No

Fee

NAP

NAP

21

Loan

1

Southside Terrace Apartments

NAP

02/21/2025

NAP

02/21/2025

NAP

NAP

No

Fee

NAP

NAP

22

Loan

1

Storquest - Phoenix

NAP

03/06/2025

NAP

03/06/2025

NAP

NAP

No

Fee

NAP

NAP

23

Loan

1

Mini U Storage - Santa Fe

NAP

10/29/2024

NAP

10/29/2024

NAP

NAP

No

Fee

NAP

NAP

24

Loan

1

ABC Junction

NAP

01/17/2025

NAP

01/18/2025

NAP

NAP

No

Fee

NAP

NAP

25

Loan

1

Wilmot Place

NAP

03/20/2025

NAP

03/10/2025

NAP

NAP

No

Fee

NAP

NAP

26

Loan

1

Mini U Storage - Glen Mills

NAP

10/29/2024

NAP

10/29/2024

NAP

NAP

No

Fee

NAP

NAP

27

Loan

1

Ametek HQ

NAP

02/28/2025

NAP

02/28/2025

NAP

NAP

No

Fee

NAP

NAP

28

Loan

1

14339-14351 Haynes Street

NAP

07/23/2024

NAP

07/23/2024

07/23/2024

18%

No

Fee

NAP

NAP

29

Loan

1

Estabrook & Fairview

NAP

02/11/2025

NAP

02/11/2025

NAP

NAP

No

Fee

NAP

NAP

30

Loan

1

Mini U Storage - Folsom

NAP

10/29/2024

NAP

10/29/2024

10/29/2024

6%

No

Fee

NAP

NAP

31

Loan

1

Enderis & Wells

NAP

03/05/2025

NAP

03/05/2025

NAP

NAP

No

Fee

NAP

NAP

32

Loan

1

Giant Eagle - Chardon

NAP

12/11/2024

NAP

12/11/2024

NAP

NAP

No

Fee

NAP

NAP

33

Loan

1

145 Main Street

1/31/2030

05/07/2025

NAP

05/7/2025

NAP

NAP

No

Fee

NAP

NAP

34

Loan

1

Miramar Crossing

11/30/2026

02/25/2025

NAP

02/25/2025

NAP

NAP

Yes - AE

Fee

NAP

NAP

35

Loan

1

Lafayette Oaks MHC

NAP

03/17/2025

NAP

03/17/2025

NAP

NAP

No

Fee

NAP

NAP

36

Loan

1

Mini U Storage - Arlington

NAP

10/29/2024

NAP

10/29/2024

NAP

NAP

No

Fee

NAP

NAP

37

Loan

1

Arbor Glade

NAP

09/12/2024

NAP

12/09/2024

NAP

NAP

No

Fee

NAP

NAP

A-12

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Annual Ground Lease Payment as of the Cut-off Date ($)	Annual Ground Rent Increases (Y/N)	Upfront RE Tax Reserve ($)	Monthly RE Tax Reserve ($)	Upfront Insurance Reserve ($)	Monthly Insurance Reserve ($)
1	Loan		1	Washington Square	NAP	NAP	0	Springing	0	Springing
2	Loan		1	32 Old Slip - Leased Fee	NAP	NAP	0	Springing	0	Springing
3	Loan		1	La Gran Plaza	NAP	NAP	404,105	134,702	105,678	35,226
4	Loan		1	Dadeland Centre I & II	Greater of (i) $111,541.50 or (ii) 2.5% of Dadeland Centre I's Gross Income plus the greater of (i) $111,541.50 or (ii) 2.0% of Dadeland Centre II's Gross Income	Yes	464,360	66,337	0	Springing
5	Loan		1	Cape Cod Mall	Various	NAP	0	Springing	0	Springing
6	Loan		1	UOVO QPN	NAP	NAP	183,288	61,096	0	Springing
7	Loan		1	Shoppes at Bedford	NAP	NAP	105,063	35,021	0	Springing
8	Loan		1	Corona Hills Marketplace	NAP	NAP	0	Springing	0	Springing
9	Loan		5	Plymouth Meeting Executive Campus			122,917	122,917	0	Springing
9.01	Property		1	660 West Germantown Pike	NAP	NAP
9.02	Property		1	620 West Germantown Pike	NAP	NAP
9.03	Property		1	630 West Germantown Pike	NAP	NAP
9.04	Property		1	600 West Germantown Pike	NAP	NAP
9.05	Property		1	610 West Germantown Pike	NAP	NAP
10	Loan		1	Cress Creek Square Shopping Center	NAP	NAP	102,776	24,471	47,600	4,121
11	Loan		1	Arcadia on the River	NAP	NAP	67,308	16,827	0	Springing
12	Loan		1	Green Door Apartments	NAP	NAP	133,270	15,865	113,320	9,811
13	Loan		11	Southeast Retail Portfolio			117,396	24,834	32,906	10,969
13.01	Property		1	Oleander Center	NAP	NAP
13.02	Property		1	CVS Baltimore	NAP	NAP
13.03	Property		1	Shelbyville Crossing	NAP	NAP
13.04	Property		1	Walgreens Pearisburg	NAP	NAP
13.05	Property		1	Trenton Plaza	NAP	NAP
13.06	Property		1	Family Dollar Baltimore	NAP	NAP
13.07	Property		1	Dollar Tree Newport News	NAP	NAP
13.08	Property		1	Ace Hardware Greenville	NAP	NAP
13.09	Property		1	Tint World	NAP	NAP
13.10	Property		1	Dollar Tree Tarboro	NAP	NAP
13.11	Property		1	Walgreens Warrenton	NAP	NAP
14	Loan		1	1301 Rocky Point Drive	NAP	NAP	46,793	17,997	207,446	Springing
15	Loan		2	7 East 19th Street & 223 East 80th Street			130,837	26,167	3,903	3,903
15.01	Property		1	7 East 19th Street	NAP	NAP
15.02	Property		1	223 East 80th Street	NAP	NAP
16	Loan		1	Plaza de Santa Fe	NAP	NAP	3,606	3,606	22,507	3,751
17	Loan		1	Willow Creek	NAP	NAP	113,471	45,896	3,227	3,227
18	Loan		1	Tripoli Park	NAP	NAP	50,015	10,003	0	Springing
19	Loan		1	118 West Mission Road	NAP	NAP	0	Springing	0	Springing
20	Loan		1	Security Public Storage – Roseville II	NAP	NAP	0	Springing	0	Springing
21	Loan		1	Southside Terrace Apartments	NAP	NAP	155,054	19,714	92,748	9,275
22	Loan		1	Storquest - Phoenix	NAP	NAP	26,966	13,483	0	Springing
23	Loan		1	Mini U Storage - Santa Fe	NAP	NAP	22,201	5,550	25,681	2,568
24	Loan		1	ABC Junction	NAP	NAP	173,303	34,661	0	Springing
25	Loan		1	Wilmot Place	NAP	NAP	7,856	7,856	27,792	Springing
26	Loan		1	Mini U Storage - Glen Mills	NAP	NAP	100,038	14,291	27,082	2,462
27	Loan		1	Ametek HQ	NAP	NAP	0	Springing	5,143	1,714
28	Loan		1	14339-14351 Haynes Street	NAP	NAP	0	7,930	0	3,627
29	Loan		1	Estabrook & Fairview	NAP	NAP	21,960	7,320	0	Springing
30	Loan		1	Mini U Storage - Folsom	NAP	NAP	0	13,065	24,066	2,188
31	Loan		1	Enderis & Wells	NAP	NAP	26,995	6,749	0	Springing
32	Loan		1	Giant Eagle - Chardon	NAP	NAP	0	Springing	1,950	975
33	Loan		1	145 Main Street	NAP	NAP	0	Springing	0	Springing
34	Loan		1	Miramar Crossing	NAP	NAP	78,792	13,132	0	Springing
35	Loan		1	Lafayette Oaks MHC	NAP	NAP	3,130	522	10,911	779
36	Loan		1	Mini U Storage - Arlington	NAP	NAP	11,028	11,028	20,711	2,071
37	Loan		1	Arbor Glade	NAP	NAP	14,916	3,729	7,495	3,747

A-13

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Upfront Replacement / PIP Reserve ($)	Monthly Replacement / FF&E Reserve ($)	Replacement Reserve Caps ($)	Upfront TI/LC Reserve ($)	Monthly TI/LC Reserve ($)	TI/LC Caps ($)	Upfront Debt Service Reserve ($)
1	Loan		1	Washington Square	0	Springing	An amount equal to twenty-four (24) times the required monthly deposit.	0	Springing	An amount equal to twenty-four (24) times the required monthly deposit.	0
2	Loan		1	32 Old Slip - Leased Fee	0	0	0	0	0	0	0
3	Loan		1	La Gran Plaza	500,000	18,540	750,000	1,111,407	74,158	1,500,000	0
4	Loan		1	Dadeland Centre I & II	0	5,256	0	1,000,000	20,217	0	0
5	Loan		1	Cape Cod Mall	0	Springing	0	0	Springing	0	0
6	Loan		1	UOVO QPN	0	Springing	0	0	0	0	0
7	Loan		1	Shoppes at Bedford	0	4,015	0	250,000	16,729	750,000	0
8	Loan		1	Corona Hills Marketplace	0	Springing	0	0	Springing	372,013	0
9	Loan		5	Plymouth Meeting Executive Campus	0	10,860	0	5,000,000	Springing	5,000,000	0
9.01	Property		1	660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	0	1,806	0	0	7,824	0	0
11	Loan		1	Arcadia on the River	0	4,250	0	0	0	0	0
12	Loan		1	Green Door Apartments	0	5,521	0	0	0	0	0
13	Loan		11	Southeast Retail Portfolio	0	2,922	0	0	15,417	525,000	0
13.01	Property		1	Oleander Center
13.02	Property		1	CVS Baltimore
13.03	Property		1	Shelbyville Crossing
13.04	Property		1	Walgreens Pearisburg
13.05	Property		1	Trenton Plaza
13.06	Property		1	Family Dollar Baltimore
13.07	Property		1	Dollar Tree Newport News
13.08	Property		1	Ace Hardware Greenville
13.09	Property		1	Tint World
13.10	Property		1	Dollar Tree Tarboro
13.11	Property		1	Walgreens Warrenton
14	Loan		1	1301 Rocky Point Drive	0	1,037	0	0	6,913	0	0
15	Loan		2	7 East 19th Street & 223 East 80th Street	0	276	0	0	589	0	0
15.01	Property		1	7 East 19th Street
15.02	Property		1	223 East 80th Street
16	Loan		1	Plaza de Santa Fe	0	529	0	0	4,229	100,000	0
17	Loan		1	Willow Creek	0	2,964	0	0	8,081	300,000	0
18	Loan		1	Tripoli Park	0	2,256	0	0	0	0	0
19	Loan		1	118 West Mission Road	0	1,063	0	0	0	0	0
20	Loan		1	Security Public Storage – Roseville II	0	Springing	0	0	0	0	0
21	Loan		1	Southside Terrace Apartments	0	5,250	0	0	0	0	0
22	Loan		1	Storquest - Phoenix	696	696	25,053	0	0	0	0
23	Loan		1	Mini U Storage - Santa Fe	516	516	0	0	0	0	0
24	Loan		1	ABC Junction	0	364	0	0	0	0	0
25	Loan		1	Wilmot Place	0	1,022	0	0	3,833	91,994	0
26	Loan		1	Mini U Storage - Glen Mills	958	958	0	0	0	0	0
27	Loan		1	Ametek HQ	0	725	0	0	3,623	0	0
28	Loan		1	14339-14351 Haynes Street	0	750	0	0	0	0	0
29	Loan		1	Estabrook & Fairview	0	1,708	0	0	0	0	0
30	Loan		1	Mini U Storage - Folsom	544	544	0	0	0	0	0
31	Loan		1	Enderis & Wells	0	1,653	0	0	0	0	0
32	Loan		1	Giant Eagle - Chardon	0	3,600	0	0	5,000	0	0
33	Loan		1	145 Main Street	62,525	589	0	85,000	1,571	0	0
34	Loan		1	Miramar Crossing	0	0	0	0	0	0	0
35	Loan		1	Lafayette Oaks MHC	0	433	0	0	0	0	0
36	Loan		1	Mini U Storage - Arlington	525	525	0	0	0	0	0
37	Loan		1	Arbor Glade	800	800	0	0	0	0	0

A-14

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Monthly Debt Service Reserve ($)	Debt Service Reserve Cap ($)	Upfront Deferred Maintenance Reserve ($)	Upfront Other Reserve ($)	Monthly Other Reserve ($)	Other Reserve Description
1	Loan		1	Washington Square	0	0	0	2,908,053	0	Outstanding TI/LC Reserve (Upfront: $2,752,705), Gap Rent Reserve (Upfront: $155,348)
2	Loan		1	32 Old Slip - Leased Fee	0	0	0	0	0
3	Loan		1	La Gran Plaza	0	0	44,563	2,282,229	0	Existing TI/LC Reserve ($1,376,610), Rent Concession Reserve ($905,619)
4	Loan		1	Dadeland Centre I & II	0	0	0	1,517,373	Springing	Rent Abatement Reserve (Upfront: $1,160,352.89), Outstanding TI/LC Reserve (Upfront: $357,020.59), Critical Tenant Reserve (Monthly: Springing)
5	Loan		1	Cape Cod Mall	0	0	0	0	Springing	Major Tenant Reserve
6	Loan		1	UOVO QPN	0	0	14,300	0	0
7	Loan		1	Shoppes at Bedford	0	0	0	3,688,894	0	Existing TI/LC Reserve (Upfront: $3,346,275), TableTop Tycoon and World Market Rent Reserve (Upfront: $220,300), Bay State Physical Therapy Gap Rent Reserve (Upfront: $63,000), Ledyard Financial Group Gap Rent Reserve (Upfront: $59,319)
8	Loan		1	Corona Hills Marketplace	0	0	0	0	0
9	Loan		5	Plymouth Meeting Executive Campus	0	0	0	760,670	20,403	HKR Free Rent Reserve (Upfront: $760,670.34, Monthly: $0) and Auxilior Free Rent Reserve (Upfront: $0, Monthly: $20,402.69)
9.01	Property		1	660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	0	0	40,438	0	8,333	Critical Tenant Rollover Reserve
11	Loan		1	Arcadia on the River	0	0	22,080	1,000,000	0	Working Capital Reserve
12	Loan		1	Green Door Apartments	0	0	72,998	0	0
13	Loan		11	Southeast Retail Portfolio	0	0	271,593	205,774	0	Oak Street Health Outstanding TI/LC Reserve ($166,245), Oak Street Health Rent Gap Reserve ($39,529)
13.01	Property		1	Oleander Center
13.02	Property		1	CVS Baltimore
13.03	Property		1	Shelbyville Crossing
13.04	Property		1	Walgreens Pearisburg
13.05	Property		1	Trenton Plaza
13.06	Property		1	Family Dollar Baltimore
13.07	Property		1	Dollar Tree Newport News
13.08	Property		1	Ace Hardware Greenville
13.09	Property		1	Tint World
13.10	Property		1	Dollar Tree Tarboro
13.11	Property		1	Walgreens Warrenton
14	Loan		1	1301 Rocky Point Drive	0	0	0	0	Springing	Material Tenant Reserve
15	Loan		2	7 East 19th Street & 223 East 80th Street	0	0	5,625	0	0
15.01	Property		1	7 East 19th Street
15.02	Property		1	223 East 80th Street
16	Loan		1	Plaza de Santa Fe	0	0	21,500	0	0
17	Loan		1	Willow Creek	0	0	53,400	0	0
18	Loan		1	Tripoli Park	0	0	0	28,000	0	Static Insurance Reserve
19	Loan		1	118 West Mission Road	0	0	107,635	0	0
20	Loan		1	Security Public Storage – Roseville II	0	0	0	0	0
21	Loan		1	Southside Terrace Apartments	0	0	198,585	45,000	0	Utility Dispute Reserve
22	Loan		1	Storquest - Phoenix	0	0	0	0	0
23	Loan		1	Mini U Storage - Santa Fe	0	0	0	0	0
24	Loan		1	ABC Junction	0	0	0	10,088	10,088	Gap Rent Reserve
25	Loan		1	Wilmot Place	0	0	0	257,330	0	Unfunded Obligations Reserve
26	Loan		1	Mini U Storage - Glen Mills	0	0	0	0	0
27	Loan		1	Ametek HQ	0	0	0	503,494	0	Free Rent Reserve
28	Loan		1	14339-14351 Haynes Street	0	0	50,930	0	0
29	Loan		1	Estabrook & Fairview	0	0	0	22,000	0	Static Insurance Reserve
30	Loan		1	Mini U Storage - Folsom	0	0	0	0	0
31	Loan		1	Enderis & Wells	0	0	0	20,000	0	Static Insurance Reserve
32	Loan		1	Giant Eagle - Chardon	0	0	4,950	0	Springing	Giant Eagle Rent Replication Reserve
33	Loan		1	145 Main Street	0	0	0	92,327	0	Gap Rent Reserve (Upfront: $21,217), Encore Rollover Reserve (Upfront: $38,609.54), Vapor Mitigation (Upfront: $32,500)
34	Loan		1	Miramar Crossing	0	0	0	0	0
35	Loan		1	Lafayette Oaks MHC	0	0	20,313	0	0
36	Loan		1	Mini U Storage - Arlington	0	0	0	0	0
37	Loan		1	Arbor Glade	0	0	0	0	0

A-15

BMO 2025-C12

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Other Reserve Cap ($)

Holdback/ Earnout Amount ($)

Holdback/ Earnout Description

Lockbox Type

Cash Management

Excess Cash Trap Triggered by DSCR and/or Debt Yield Test (Y/N)

Tenant Specific Excess Cash Trap Trigger (Y/N)

Pari Passu (Y/N)

1

Loan

1

Washington Square

0

NAP

NAP

Hard

Springing

Yes

No

Yes

2

Loan

1

32 Old Slip - Leased Fee

0

NAP

NAP

Hard

Springing

Yes

No

Yes

3

Loan

1

La Gran Plaza

0

NAP

NAP

Hard

Springing

Yes

Yes

No

4

Loan

1

Dadeland Centre I & II

0

NAP

NAP

Hard

Springing

Yes

Yes

No

5

Loan

1

Cape Cod Mall

The space occupied by Target in the amount of $3,184,600 and the space occupied by Dick's in the amount of $1,810,560

NAP

NAP

Hard

Springing

Yes

No

Yes

6

Loan

1

UOVO QPN

0

NAP

NAP

Soft

Springing

Yes

No

Yes

7

Loan

1

Shoppes at Bedford

0

NAP

NAP

Hard

Springing

Yes

Yes

No

8

Loan

1

Corona Hills Marketplace

0

NAP

NAP

Springing

Springing

Yes

Yes

No

9

Loan

5

Plymouth Meeting Executive Campus

0

NAP

NAP

Hard

Springing

Yes

Yes

Yes

9.01

Property

1

660 West Germantown Pike

9.02

Property

1

620 West Germantown Pike

9.03

Property

1

630 West Germantown Pike

9.04

Property

1

600 West Germantown Pike

9.05

Property

1

610 West Germantown Pike

10

Loan

1

Cress Creek Square Shopping Center

0

NAP

NAP

Springing

Springing

Yes

Yes

No

11

Loan

1

Arcadia on the River

0

NAP

NAP

Springing

Springing

Yes

No

No

12

Loan

1

Green Door Apartments

0

NAP

NAP

Springing

Springing

Yes

No

No

13

Loan

11

Southeast Retail Portfolio

0

NAP

NAP

Springing

Springing

Yes

Yes

No

13.01

Property

1

Oleander Center

13.02

Property

1

CVS Baltimore

13.03

Property

1

Shelbyville Crossing

13.04

Property

1

Walgreens Pearisburg

13.05

Property

1

Trenton Plaza

13.06

Property

1

Family Dollar Baltimore

13.07

Property

1

Dollar Tree Newport News

13.08

Property

1

Ace Hardware Greenville

13.09

Property

1

Tint World

13.10

Property

1

Dollar Tree Tarboro

13.11

Property

1

Walgreens Warrenton

14

Loan

1

1301 Rocky Point Drive

0

NAP

NAP

Hard

Springing

Yes

Yes

No

15

Loan

2

7 East 19th Street & 223 East 80th Street

0

NAP

NAP

Soft (Residential); Hard (Commercial)

Springing

Yes

Yes

No

15.01

Property

1

7 East 19th Street

15.02

Property

1

223 East 80th Street

16

Loan

1

Plaza de Santa Fe

0

NAP

NAP

Springing

Springing

Yes

No

No

17

Loan

1

Willow Creek

0

NAP

NAP

Springing

Springing

Yes

Yes

No

18

Loan

1

Tripoli Park

0

NAP

NAP

Springing

Springing

Yes

No

No

19

Loan

1

118 West Mission Road

0

NAP

NAP

Hard

Springing

Yes

No

No

20

Loan

1

Security Public Storage – Roseville II

0

NAP

NAP

None

None

No

No

No

21

Loan

1

Southside Terrace Apartments

0

NAP

NAP

Springing

Springing

Yes

No

No

22

Loan

1

Storquest - Phoenix

0

NAP

NAP

Springing

Springing

Yes

No

No

23

Loan

1

Mini U Storage - Santa Fe

0

NAP

NAP

Springing

Springing

Yes

No

No

24

Loan

1

ABC Junction

0

NAP

NAP

Hard

Springing

Yes

Yes

No

25

Loan

1

Wilmot Place

0

NAP

NAP

Hard

Springing

Yes

Yes

No

26

Loan

1

Mini U Storage - Glen Mills

0

NAP

NAP

Springing

Springing

Yes

No

No

27

Loan

1

Ametek HQ

0

NAP

NAP

Hard

Springing

Yes

Yes

No

28

Loan

1

14339-14351 Haynes Street

0

NAP

NAP

Hard

Springing

Yes

No

No

29

Loan

1

Estabrook & Fairview

0

NAP

NAP

Springing

Springing

Yes

No

No

30

Loan

1

Mini U Storage - Folsom

0

NAP

NAP

Springing

Springing

Yes

No

No

31

Loan

1

Enderis & Wells

0

NAP

NAP

Springing

Springing

Yes

No

No

32

Loan

1

Giant Eagle - Chardon

0

NAP

NAP

Hard

Springing

Yes

Yes

No

33

Loan

1

145 Main Street

0

NAP

NAP

Hard

Springing

Yes

Yes

No

34

Loan

1

Miramar Crossing

0

NAP

NAP

None

None

No

No

No

35

Loan

1

Lafayette Oaks MHC

0

NAP

NAP

Springing

Springing

Yes

No

No

36

Loan

1

Mini U Storage - Arlington

0

NAP

NAP

Springing

Springing

Yes

No

No

37

Loan

1

Arbor Glade

0

NAP

NAP

Soft

Springing

Yes

No

No

A-16

BMO 2025-C12

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Pari Passu in Trust Controlling (Y/N)

Trust Pari Passu Cut-off Date Balance ($)

Non-Trust Pari Passu Companion Loan Cut-off Date Balance ($)

Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)

Total Trust and Non-Trust Pari Passu Companion Loan Monthly Debt Service ($)

Subordinate Companion Loan Cut-off Date Balance ($)

Subordinate Companion Loan Interest Rate

Whole Loan Cut-off Date Balance ($)

1

Loan

1

Washington Square

Yes

64,500,000

275,500,000

1,298,169.39

1,602,096.53

NAP

NAP

340,000,000

2

Loan

1

32 Old Slip - Leased Fee

Yes

64,500,000

102,500,000

489,307.00

797,212.38

NAP

NAP

167,000,000

3

Loan

1

La Gran Plaza

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

4

Loan

1

Dadeland Centre I & II

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

5

Loan

1

Cape Cod Mall

Yes

40,000,000

14,000,000

76,354.29

294,509.38

NAP

NAP

54,000,000

6

Loan

1

UOVO QPN

No

33,000,000

110,000,000

602,714.70

783,529.11

NAP

NAP

143,000,000

7

Loan

1

Shoppes at Bedford

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

8

Loan

1

Corona Hills Marketplace

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

9

Loan

5

Plymouth Meeting Executive Campus

Yes

20,000,000

16,000,000

119,402.79

268,656.28

5,000,000

0.00000%

41,000,000

9.01

Property

1

660 West Germantown Pike

9.02

Property

1

620 West Germantown Pike

9.03

Property

1

630 West Germantown Pike

9.04

Property

1

600 West Germantown Pike

9.05

Property

1

610 West Germantown Pike

10

Loan

1

Cress Creek Square Shopping Center

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

11

Loan

1

Arcadia on the River

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

12

Loan

1

Green Door Apartments

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13

Loan

11

Southeast Retail Portfolio

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.01

Property

1

Oleander Center

13.02

Property

1

CVS Baltimore

13.03

Property

1

Shelbyville Crossing

13.04

Property

1

Walgreens Pearisburg

13.05

Property

1

Trenton Plaza

13.06

Property

1

Family Dollar Baltimore

13.07

Property

1

Dollar Tree Newport News

13.08

Property

1

Ace Hardware Greenville

13.09

Property

1

Tint World

13.10

Property

1

Dollar Tree Tarboro

13.11

Property

1

Walgreens Warrenton

14

Loan

1

1301 Rocky Point Drive

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

15

Loan

2

7 East 19th Street & 223 East 80th Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

15.01

Property

1

7 East 19th Street

15.02

Property

1

223 East 80th Street

16

Loan

1

Plaza de Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

17

Loan

1

Willow Creek

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

18

Loan

1

Tripoli Park

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

19

Loan

1

118 West Mission Road

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

20

Loan

1

Security Public Storage – Roseville II

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

21

Loan

1

Southside Terrace Apartments

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

22

Loan

1

Storquest - Phoenix

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

23

Loan

1

Mini U Storage - Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

24

Loan

1

ABC Junction

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

25

Loan

1

Wilmot Place

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

26

Loan

1

Mini U Storage - Glen Mills

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

27

Loan

1

Ametek HQ

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

28

Loan

1

14339-14351 Haynes Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

29

Loan

1

Estabrook & Fairview

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

30

Loan

1

Mini U Storage - Folsom

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

31

Loan

1

Enderis & Wells

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

32

Loan

1

Giant Eagle - Chardon

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

33

Loan

1

145 Main Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

34

Loan

1

Miramar Crossing

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

35

Loan

1

Lafayette Oaks MHC

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

36

Loan

1

Mini U Storage - Arlington

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

37

Loan

1

Arbor Glade

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

A-17

BMO 2025-C12

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Whole Loan Monthly Debt Service ($)

Whole Loan Cut-off Date LTV Ratio (%)

Whole Loan Underwritten NCF DSCR (x)

Whole Loan Underwritten NOI Debt Yield (%)

Mezzanine Debt Cut-off Date Balance($)

Mezzanine Debt Interest Rate (%)

Total Debt Cut-off Date Balance ($)

Total Debt Monthly Debt Service ($)

1

Loan

1

Washington Square

1,602,096.53

51.9%

2.07

12.1%

NAP

NAP

NAP

NAP

2

Loan

1

32 Old Slip - Leased Fee

797,212.38

74.2%

1.10

6.3%

NAP

NAP

NAP

NAP

3

Loan

1

La Gran Plaza

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

4

Loan

1

Dadeland Centre I & II

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

5

Loan

1

Cape Cod Mall

294,509.38

50.0%

2.81

19.5%

NAP

NAP

NAP

NAP

6

Loan

1

UOVO QPN

783,529.11

60.9%

1.47

9.7%

NAP

NAP

NAP

NAP

7

Loan

1

Shoppes at Bedford

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

8

Loan

1

Corona Hills Marketplace

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

9

Loan

5

Plymouth Meeting Executive Campus

280,391.48

59.2%

1.93

17.5%

NAP

NAP

NAP

NAP

9.01

Property

1

660 West Germantown Pike

9.02

Property

1

620 West Germantown Pike

9.03

Property

1

630 West Germantown Pike

9.04

Property

1

600 West Germantown Pike

9.05

Property

1

610 West Germantown Pike

10

Loan

1

Cress Creek Square Shopping Center

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

11

Loan

1

Arcadia on the River

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

12

Loan

1

Green Door Apartments

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13

Loan

11

Southeast Retail Portfolio

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

13.01

Property

1

Oleander Center

13.02

Property

1

CVS Baltimore

13.03

Property

1

Shelbyville Crossing

13.04

Property

1

Walgreens Pearisburg

13.05

Property

1

Trenton Plaza

13.06

Property

1

Family Dollar Baltimore

13.07

Property

1

Dollar Tree Newport News

13.08

Property

1

Ace Hardware Greenville

13.09

Property

1

Tint World

13.10

Property

1

Dollar Tree Tarboro

13.11

Property

1

Walgreens Warrenton

14

Loan

1

1301 Rocky Point Drive

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

15

Loan

2

7 East 19th Street & 223 East 80th Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

15.01

Property

1

7 East 19th Street

15.02

Property

1

223 East 80th Street

16

Loan

1

Plaza de Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

17

Loan

1

Willow Creek

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

18

Loan

1

Tripoli Park

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

19

Loan

1

118 West Mission Road

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

20

Loan

1

Security Public Storage – Roseville II

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

21

Loan

1

Southside Terrace Apartments

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

22

Loan

1

Storquest - Phoenix

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

23

Loan

1

Mini U Storage - Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

24

Loan

1

ABC Junction

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

25

Loan

1

Wilmot Place

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

26

Loan

1

Mini U Storage - Glen Mills

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

27

Loan

1

Ametek HQ

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

28

Loan

1

14339-14351 Haynes Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

29

Loan

1

Estabrook & Fairview

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

30

Loan

1

Mini U Storage - Folsom

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

31

Loan

1

Enderis & Wells

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

32

Loan

1

Giant Eagle - Chardon

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

33

Loan

1

145 Main Street

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

34

Loan

1

Miramar Crossing

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

35

Loan

1

Lafayette Oaks MHC

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

36

Loan

1

Mini U Storage - Arlington

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

37

Loan

1

Arbor Glade

NAP

NAP

NAP

NAP

NAP

NAP

NAP

NAP

A-18

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Total Debt Cut-off Date LTV Ratio (%)	Total Debt Underwritten NCF DSCR (x)	Total Debt Underwritten NOI Debt Yield (%)	Future Additional Debt Permitted (Y/N)	Future Debt Permitted Type	Sponsor
1	Loan		1	Washington Square	NAP	NAP	NAP	No	NAP	The Macerich Partnership, L.P.
2	Loan		1	32 Old Slip - Leased Fee	NAP	NAP	NAP	No	NAP	Leon Melohn
3	Loan		1	La Gran Plaza	NAP	NAP	NAP	No	NAP	Andrew J. Segal
4	Loan		1	Dadeland Centre I & II	NAP	NAP	NAP	No	NAP	Elizabeth A. Green
5	Loan		1	Cape Cod Mall	NAP	NAP	NAP	No	NAP	Simon Property Group, L.P. and The Canada Pension Plan Investment Board
6	Loan		1	UOVO QPN	NAP	NAP	NAP	No	NAP	Steven J. Guttman
7	Loan		1	Shoppes at Bedford	NAP	NAP	NAP	No	NAP	Alan C. Fox and The Alan C. Fox Revocable Trust (2007 Restatement) U/A/D 11/15/2007
8	Loan		1	Corona Hills Marketplace	NAP	NAP	NAP	No	NAP	E. Stanley Kroenke
9	Loan		5	Plymouth Meeting Executive Campus	NAP	NAP	NAP	No	NAP	Harry Adjmi and Carolyn Dayon
9.01	Property		1	660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	NAP	NAP	NAP	No	NAP	Arthur Goldner
11	Loan		1	Arcadia on the River	NAP	NAP	NAP	No	NAP	Francis Greenburger and Robert Kantor
12	Loan		1	Green Door Apartments	NAP	NAP	NAP	No	NAP	Jeffrey R. Kreutz and Matthew Hoffman
13	Loan		11	Southeast Retail Portfolio	NAP	NAP	NAP	No	NAP	Herbert J. Zimmer, Alan M. Zimmer, Arlene Z. Schreiber and Jeffrey L. Zimmer
13.01	Property		1	Oleander Center
13.02	Property		1	CVS Baltimore
13.03	Property		1	Shelbyville Crossing
13.04	Property		1	Walgreens Pearisburg
13.05	Property		1	Trenton Plaza
13.06	Property		1	Family Dollar Baltimore
13.07	Property		1	Dollar Tree Newport News
13.08	Property		1	Ace Hardware Greenville
13.09	Property		1	Tint World
13.10	Property		1	Dollar Tree Tarboro
13.11	Property		1	Walgreens Warrenton
14	Loan		1	1301 Rocky Point Drive	NAP	NAP	NAP	No	NAP	Silvia Fiorucci
15	Loan		2	7 East 19th Street & 223 East 80th Street	NAP	NAP	NAP	No	NAP	Deepak Raj
15.01	Property		1	7 East 19th Street
15.02	Property		1	223 East 80th Street
16	Loan		1	Plaza de Santa Fe	NAP	NAP	NAP	No	NAP	Susan N. Woolley
17	Loan		1	Willow Creek	NAP	NAP	NAP	No	NAP	Francine Levine and Elaine Smith
18	Loan		1	Tripoli Park	NAP	NAP	NAP	No	NAP	Youssef Berrada
19	Loan		1	118 West Mission Road	NAP	NAP	NAP	No	NAP	Gary Hartunian
20	Loan		1	Security Public Storage – Roseville II	NAP	NAP	NAP	No	NAP	Michael B. Eisler
21	Loan		1	Southside Terrace Apartments	NAP	NAP	NAP	No	NAP	Audrey Garr and Andrew Garr
22	Loan		1	Storquest - Phoenix	NAP	NAP	NAP	No	NAP	William Warren Group
23	Loan		1	Mini U Storage - Santa Fe	NAP	NAP	NAP	No	NAP	Jamie Grady Smith, Ryan Christian Smith and Dahn Corporation
24	Loan		1	ABC Junction	NAP	NAP	NAP	No	NAP	Steven Sasson
25	Loan		1	Wilmot Place	NAP	NAP	NAP	No	NAP	Iridius Capital LLC, James Hardman and Michael A. Sarabia
26	Loan		1	Mini U Storage - Glen Mills	NAP	NAP	NAP	No	NAP	Dahn Corporation and MHP Management, LLC
27	Loan		1	Ametek HQ	NAP	NAP	NAP	No	NAP	Mariano Weil, Federico Weil and Federico Wilensky
28	Loan		1	14339-14351 Haynes Street	NAP	NAP	NAP	No	NAP	Lynette Gridley and Lawrence Devolet
29	Loan		1	Estabrook & Fairview	NAP	NAP	NAP	No	NAP	Youssef Berrada
30	Loan		1	Mini U Storage - Folsom	NAP	NAP	NAP	No	NAP	Dahn Corporation and MHP Management, LLC
31	Loan		1	Enderis & Wells	NAP	NAP	NAP	No	NAP	Youssef Berrada
32	Loan		1	Giant Eagle - Chardon	NAP	NAP	NAP	No	NAP	Alan E. Robbins
33	Loan		1	145 Main Street	NAP	NAP	NAP	Yes	Future Mezzanine Loan	The Stanley M. Seligson Trust Dated December 12, 2006, Amended and Restated June 1, 2023
34	Loan		1	Miramar Crossing	NAP	NAP	NAP	No	NAP	Daniel Baumgard and Ralph Sheppard
35	Loan		1	Lafayette Oaks MHC	NAP	NAP	NAP	No	NAP	Kris A. Hodges and Michael Hyatt
36	Loan		1	Mini U Storage - Arlington	NAP	NAP	NAP	No	NAP	Jamie Grady Smith, Ryan Christian Smith and Dahn Corporation
37	Loan		1	Arbor Glade	NAP	NAP	NAP	No	NAP	Chris Kool, Craig J. Kool and Diane Kool

A-19

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Non-Recourse Carveout Guarantor	Delaware Statutory Trust (Y/N)	Tenants-in-common (Y/N)	Loan Purpose	Property Located Within a Qualified Opportunity Zone (Y/N)	Sources: Loan Amount ($)	Sources: Principal's New Cash Contribution ($)
1	Loan		1	Washington Square	The Macerich Partnership, L.P.	No	No	Recapitalization	No	340,000,000	0
2	Loan		1	32 Old Slip - Leased Fee	Leon Melohn	No	Yes	Refinance	No	167,000,000	19,685,488
3	Loan		1	La Gran Plaza	Andrew J. Segal	No	No	Refinance	No	64,000,000	0
4	Loan		1	Dadeland Centre I & II	Elizabeth A. Green	No	No	Refinance	No	51,500,000	1,104,519
5	Loan		1	Cape Cod Mall	Simon Property Group, L.P.	No	No	Refinance	No	54,000,000	0
6	Loan		1	UOVO QPN	Steven J. Guttman	No	No	Refinance	No	143,000,000	0
7	Loan		1	Shoppes at Bedford	Alan C. Fox and The Alan C. Fox Revocable Trust (2007 Restatement) U/A/D 11/15/2007	No	Yes	Refinance	No	28,000,000	2,033,197
8	Loan		1	Corona Hills Marketplace	E. Stanley Kroenke	No	Yes	Refinance	No	20,000,000	3,029,835
9	Loan		5	Plymouth Meeting Executive Campus	Harry Adjmi and Carolyn Dayon	No	No	Acquisition		36,000,000	17,552,162
9.01	Property		1	660 West Germantown Pike					No
9.02	Property		1	620 West Germantown Pike					No
9.03	Property		1	630 West Germantown Pike					No
9.04	Property		1	600 West Germantown Pike					No
9.05	Property		1	610 West Germantown Pike					No
10	Loan		1	Cress Creek Square Shopping Center	Arthur Goldner	No	No	Refinance	No	19,000,000	0
11	Loan		1	Arcadia on the River	TEI LLC	No	Yes	Acquisition	Yes	18,200,000	12,772,049
12	Loan		1	Green Door Apartments	Jeffrey R. Kreutz and Matthew Hoffman	No	No	Refinance	No	16,000,000	0
13	Loan		11	Southeast Retail Portfolio	Herbert J. Zimmer, Alan M. Zimmer, Arlene Z. Schreiber and Jeffrey L. Zimmer	No	No	Refinance		14,600,000	53,392
13.01	Property		1	Oleander Center					No
13.02	Property		1	CVS Baltimore					Yes
13.03	Property		1	Shelbyville Crossing					No
13.04	Property		1	Walgreens Pearisburg					No
13.05	Property		1	Trenton Plaza					No
13.06	Property		1	Family Dollar Baltimore					Yes
13.07	Property		1	Dollar Tree Newport News					No
13.08	Property		1	Ace Hardware Greenville					No
13.09	Property		1	Tint World					No
13.10	Property		1	Dollar Tree Tarboro					No
13.11	Property		1	Walgreens Warrenton					No
14	Loan		1	1301 Rocky Point Drive	Silvia Fiorucci	No	No	Recapitalization	No	14,000,000	0
15	Loan		2	7 East 19th Street & 223 East 80th Street	Deepak Raj	No	No	Refinance		13,000,000	1,560,517
15.01	Property		1	7 East 19th Street					No
15.02	Property		1	223 East 80th Street					No
16	Loan		1	Plaza de Santa Fe	Susan N. Woolley	No	No	Refinance	No
17	Loan		1	Willow Creek	Francine Levine and Elaine Smith	No	Yes	Acquisition	No
18	Loan		1	Tripoli Park	Youssef Berrada	No	No	Refinance	No
19	Loan		1	118 West Mission Road	Gary Hartunian	No	No	Refinance	No
20	Loan		1	Security Public Storage – Roseville II	Michael B. Eisler and The Michael Bradley Eisler Revocable Trust u/a/d January 3, 2003, as amended by that certain First Amendment to The Michael Bradley Eisler Revocable Trust dated as of April 28, 2014 and that certain Second Amendment to The Michael Bradley Eisler Revocable Trust dated as of October 11, 2019	No	No	Refinance	No
21	Loan		1	Southside Terrace Apartments	Audrey Garr and Andrew Garr	No	No	Refinance	No
22	Loan		1	Storquest - Phoenix	Clark W. Porter, William W. Hobin, Timothy B. Hobin and Gary S. Sugarman	No	No	Refinance	No
23	Loan		1	Mini U Storage - Santa Fe	Jamie Grady Smith, Ryan Christian Smith and Dahn Corporation	No	No	Refinance	No
24	Loan		1	ABC Junction	Steven Sasson	No	No	Acquisition	No
25	Loan		1	Wilmot Place	Iridius Capital LLC, James Hardman and Michael A. Sarabia	No	No	Refinance	No
26	Loan		1	Mini U Storage - Glen Mills	Dahn Corporation and MHP Management, LLC	No	No	Refinance	No
27	Loan		1	Ametek HQ	Mariano Weil, Federico Weil and Federico Wilensky	No	No	Acquisition	No
28	Loan		1	14339-14351 Haynes Street	Lynette Gridley and Lawrence Devolet	No	No	Refinance	No
29	Loan		1	Estabrook & Fairview	Youssef Berrada	No	No	Refinance	No
30	Loan		1	Mini U Storage - Folsom	Dahn Corporation and MHP Management, LLC	No	No	Refinance	No
31	Loan		1	Enderis & Wells	Youssef Berrada	No	No	Refinance	No
32	Loan		1	Giant Eagle - Chardon	Alan E. Robbins	No	No	Refinance	No
33	Loan		1	145 Main Street	The Stanley M. Seligson Trust Dated December 12, 2006, Amended and Restated June 1, 2023	No	No	Refinance	No
34	Loan		1	Miramar Crossing	Daniel Baumgard and Ralph Sheppard	No	No	Refinance	No
35	Loan		1	Lafayette Oaks MHC	Kris A. Hodges and Michael Hyatt	No	No	Refinance	No
36	Loan		1	Mini U Storage - Arlington	Jamie Grady Smith, Ryan Christian Smith and Dahn Corporation	No	No	Refinance	No
37	Loan		1	Arbor Glade	Chris Kool, Craig J. Kool and Diane Kool	No	No	Acquisition	No

A-20

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Sources: Subordinate Debt ($)	Sources: Other Sources ($)	Sources: Total Sources ($)	Uses: Loan Payoff ($)	Uses: Purchase Price ($)	Uses: Closing Costs ($)	Uses: Reserves ($)	Uses: Principal Equity Distribution ($)
1	Loan		1	Washington Square	0	0	340,000,000	0	0	1,090,095	2,908,053	336,001,852
2	Loan		1	32 Old Slip - Leased Fee	0	0	186,685,488	176,544,017	0	10,141,472	0	0
3	Loan		1	La Gran Plaza	0	0	64,000,000	57,242,486	0	1,829,345	4,447,982	480,186
4	Loan		1	Dadeland Centre I & II	0	0	52,604,519	48,180,708	0	1,442,077	2,981,734	0
5	Loan		1	Cape Cod Mall	0	0	54,000,000	52,000,000	0	1,177,194	0	822,806
6	Loan		1	UOVO QPN	0	0	143,000,000	75,832,056	0	3,005,619	197,588	63,964,738
7	Loan		1	Shoppes at Bedford	0	0	30,033,197	25,465,225	0	524,015	4,043,957	0
8	Loan		1	Corona Hills Marketplace	0	0	23,029,835	22,808,934	0	220,901	0	0
9	Loan		5	Plymouth Meeting Executive Campus	5,000,000	15,500,000	74,052,162	0	65,500,000	2,668,574	5,883,588	0
9.01	Property		1	660 West Germantown Pike
9.02	Property		1	620 West Germantown Pike
9.03	Property		1	630 West Germantown Pike
9.04	Property		1	600 West Germantown Pike
9.05	Property		1	610 West Germantown Pike
10	Loan		1	Cress Creek Square Shopping Center	0	0	19,000,000	14,149,689	0	671,654	190,813	3,987,843
11	Loan		1	Arcadia on the River	0	0	30,972,049	0	28,100,000	1,782,661	1,089,388	0
12	Loan		1	Green Door Apartments	0	0	16,000,000	11,471,573	0	309,705	319,587	3,899,135
13	Loan		11	Southeast Retail Portfolio	0	0	14,653,392	13,203,299	0	822,423	627,669	0
13.01	Property		1	Oleander Center
13.02	Property		1	CVS Baltimore
13.03	Property		1	Shelbyville Crossing
13.04	Property		1	Walgreens Pearisburg
13.05	Property		1	Trenton Plaza
13.06	Property		1	Family Dollar Baltimore
13.07	Property		1	Dollar Tree Newport News
13.08	Property		1	Ace Hardware Greenville
13.09	Property		1	Tint World
13.10	Property		1	Dollar Tree Tarboro
13.11	Property		1	Walgreens Warrenton
14	Loan		1	1301 Rocky Point Drive	0	0	14,000,000	0	0	888,313	254,240	1,510,814
15	Loan		2	7 East 19th Street & 223 East 80th Street	0	0	14,560,517	14,218,809	0	201,344	140,365	0
15.01	Property		1	7 East 19th Street
15.02	Property		1	223 East 80th Street
16	Loan		1	Plaza de Santa Fe
17	Loan		1	Willow Creek
18	Loan		1	Tripoli Park
19	Loan		1	118 West Mission Road
20	Loan		1	Security Public Storage – Roseville II
21	Loan		1	Southside Terrace Apartments
22	Loan		1	Storquest - Phoenix
23	Loan		1	Mini U Storage - Santa Fe
24	Loan		1	ABC Junction
25	Loan		1	Wilmot Place
26	Loan		1	Mini U Storage - Glen Mills
27	Loan		1	Ametek HQ
28	Loan		1	14339-14351 Haynes Street
29	Loan		1	Estabrook & Fairview
30	Loan		1	Mini U Storage - Folsom
31	Loan		1	Enderis & Wells
32	Loan		1	Giant Eagle - Chardon
33	Loan		1	145 Main Street
34	Loan		1	Miramar Crossing
35	Loan		1	Lafayette Oaks MHC
36	Loan		1	Mini U Storage - Arlington
37	Loan		1	Arbor Glade

A-21

BMO 2025-C12

Annex A

Loan ID Number

Loan / Property Flag

Footnotes (for Loan and Property Information)

# of Properties

Property Name

Uses: Other Uses ($)

Uses: Total Uses ($)

Franchise Agreement Expiration

Underwritten ADR ($)

Underwritten RevPAR ($)

Underwritten Hotel Occupancy (%)

Most Recent ADR ($)

Most Recent RevPAR ($)

1

Loan

1

Washington Square

0

340,000,000

NAP

NAP

NAP

NAP

NAP

NAP

2

Loan

1

32 Old Slip - Leased Fee

0

186,685,488

NAP

NAP

NAP

NAP

NAP

NAP

3

Loan

1

La Gran Plaza

0

64,000,000

NAP

NAP

NAP

NAP

NAP

NAP

4

Loan

1

Dadeland Centre I & II

0

52,604,519

NAP

NAP

NAP

NAP

NAP

NAP

5

Loan

1

Cape Cod Mall

0

54,000,000

NAP

NAP

NAP

NAP

NAP

NAP

6

Loan

1

UOVO QPN

0

143,000,000

NAP

NAP

NAP

NAP

NAP

NAP

7

Loan

1

Shoppes at Bedford

0

30,033,197

NAP

NAP

NAP

NAP

NAP

NAP

8

Loan

1

Corona Hills Marketplace

0

23,029,835

NAP

NAP

NAP

NAP

NAP

NAP

9

Loan

5

Plymouth Meeting Executive Campus

0

74,052,162

NAP

NAP

NAP

NAP

NAP

NAP

9.01

Property

1

660 West Germantown Pike

NAP

NAP

NAP

NAP

NAP

NAP

9.02

Property

1

620 West Germantown Pike

NAP

NAP

NAP

NAP

NAP

NAP

9.03

Property

1

630 West Germantown Pike

NAP

NAP

NAP

NAP

NAP

NAP

9.04

Property

1

600 West Germantown Pike

NAP

NAP

NAP

NAP

NAP

NAP

9.05

Property

1

610 West Germantown Pike

NAP

NAP

NAP

NAP

NAP

NAP

10

Loan

1

Cress Creek Square Shopping Center

0

19,000,000

NAP

NAP

NAP

NAP

NAP

NAP

11

Loan

1

Arcadia on the River

0

30,972,049

NAP

NAP

NAP

NAP

NAP

NAP

12

Loan

1

Green Door Apartments

0

16,000,000

NAP

NAP

NAP

NAP

NAP

NAP

13

Loan

11

Southeast Retail Portfolio

0

14,653,392

NAP

NAP

NAP

NAP

NAP

NAP

13.01

Property

1

Oleander Center

NAP

NAP

NAP

NAP

NAP

NAP

13.02

Property

1

CVS Baltimore

NAP

NAP

NAP

NAP

NAP

NAP

13.03

Property

1

Shelbyville Crossing

NAP

NAP

NAP

NAP

NAP

NAP

13.04

Property

1

Walgreens Pearisburg

NAP

NAP

NAP

NAP

NAP

NAP

13.05

Property

1

Trenton Plaza

NAP

NAP

NAP

NAP

NAP

NAP

13.06

Property

1

Family Dollar Baltimore

NAP

NAP

NAP

NAP

NAP

NAP

13.07

Property

1

Dollar Tree Newport News

NAP

NAP

NAP

NAP

NAP

NAP

13.08

Property

1

Ace Hardware Greenville

NAP

NAP

NAP

NAP

NAP

NAP

13.09

Property

1

Tint World

NAP

NAP

NAP

NAP

NAP

NAP

13.10

Property

1

Dollar Tree Tarboro

NAP

NAP

NAP

NAP

NAP

NAP

13.11

Property

1

Walgreens Warrenton

NAP

NAP

NAP

NAP

NAP

NAP

14

Loan

1

1301 Rocky Point Drive

11,346,634

14,000,000

NAP

NAP

NAP

NAP

NAP

NAP

15

Loan

2

7 East 19th Street & 223 East 80th Street

0

14,560,517

NAP

NAP

NAP

NAP

NAP

NAP

15.01

Property

1

7 East 19th Street

NAP

NAP

NAP

NAP

NAP

NAP

15.02

Property

1

223 East 80th Street

NAP

NAP

NAP

NAP

NAP

NAP

16

Loan

1

Plaza de Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

17

Loan

1

Willow Creek

NAP

NAP

NAP

NAP

NAP

NAP

18

Loan

1

Tripoli Park

NAP

NAP

NAP

NAP

NAP

NAP

19

Loan

1

118 West Mission Road

NAP

NAP

NAP

NAP

NAP

NAP

20

Loan

1

Security Public Storage – Roseville II

NAP

NAP

NAP

NAP

NAP

NAP

21

Loan

1

Southside Terrace Apartments

NAP

NAP

NAP

NAP

NAP

NAP

22

Loan

1

Storquest - Phoenix

NAP

NAP

NAP

NAP

NAP

NAP

23

Loan

1

Mini U Storage - Santa Fe

NAP

NAP

NAP

NAP

NAP

NAP

24

Loan

1

ABC Junction

NAP

NAP

NAP

NAP

NAP

NAP

25

Loan

1

Wilmot Place

NAP

NAP

NAP

NAP

NAP

NAP

26

Loan

1

Mini U Storage - Glen Mills

NAP

NAP

NAP

NAP

NAP

NAP

27

Loan

1

Ametek HQ

NAP

NAP

NAP

NAP

NAP

NAP

28

Loan

1

14339-14351 Haynes Street

NAP

NAP

NAP

NAP

NAP

NAP

29

Loan

1

Estabrook & Fairview

NAP

NAP

NAP

NAP

NAP

NAP

30

Loan

1

Mini U Storage - Folsom

NAP

NAP

NAP

NAP

NAP

NAP

31

Loan

1

Enderis & Wells

NAP

NAP

NAP

NAP

NAP

NAP

32

Loan

1

Giant Eagle - Chardon

NAP

NAP

NAP

NAP

NAP

NAP

33

Loan

1

145 Main Street

NAP

NAP

NAP

NAP

NAP

NAP

34

Loan

1

Miramar Crossing

NAP

NAP

NAP

NAP

NAP

NAP

35

Loan

1

Lafayette Oaks MHC

NAP

NAP

NAP

NAP

NAP

NAP

36

Loan

1

Mini U Storage - Arlington

NAP

NAP

NAP

NAP

NAP

NAP

37

Loan

1

Arbor Glade

NAP

NAP

NAP

NAP

NAP

NAP

A-22

BMO 2025-C12

Annex A

Loan ID Number	Loan / Property Flag	Footnotes (for Loan and Property Information)	# of Properties	Property Name	Most Recent Hotel Occupancy (%)	Second Most Recent ADR ($)	Second Most Recent RevPAR ($)	Second Most Recent Hotel Occupancy (%)	Third Most Recent ADR ($)	Third Most Recent RevPAR ($)	Third Most Recent Hotel Occupancy (%)
1	Loan		1	Washington Square	NAP	NAP	NAP	NAP	NAP	NAP	NAP
2	Loan		1	32 Old Slip - Leased Fee	NAP	NAP	NAP	NAP	NAP	NAP	NAP
3	Loan		1	La Gran Plaza	NAP	NAP	NAP	NAP	NAP	NAP	NAP
4	Loan		1	Dadeland Centre I & II	NAP	NAP	NAP	NAP	NAP	NAP	NAP
5	Loan		1	Cape Cod Mall	NAP	NAP	NAP	NAP	NAP	NAP	NAP
6	Loan		1	UOVO QPN	NAP	NAP	NAP	NAP	NAP	NAP	NAP
7	Loan		1	Shoppes at Bedford	NAP	NAP	NAP	NAP	NAP	NAP	NAP
8	Loan		1	Corona Hills Marketplace	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9	Loan		5	Plymouth Meeting Executive Campus	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9.01	Property		1	660 West Germantown Pike	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9.02	Property		1	620 West Germantown Pike	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9.03	Property		1	630 West Germantown Pike	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9.04	Property		1	600 West Germantown Pike	NAP	NAP	NAP	NAP	NAP	NAP	NAP
9.05	Property		1	610 West Germantown Pike	NAP	NAP	NAP	NAP	NAP	NAP	NAP
10	Loan		1	Cress Creek Square Shopping Center	NAP	NAP	NAP	NAP	NAP	NAP	NAP
11	Loan		1	Arcadia on the River	NAP	NAP	NAP	NAP	NAP	NAP	NAP
12	Loan		1	Green Door Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13	Loan		11	Southeast Retail Portfolio	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.01	Property		1	Oleander Center	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.02	Property		1	CVS Baltimore	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.03	Property		1	Shelbyville Crossing	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.04	Property		1	Walgreens Pearisburg	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.05	Property		1	Trenton Plaza	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.06	Property		1	Family Dollar Baltimore	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.07	Property		1	Dollar Tree Newport News	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.08	Property		1	Ace Hardware Greenville	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.09	Property		1	Tint World	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.10	Property		1	Dollar Tree Tarboro	NAP	NAP	NAP	NAP	NAP	NAP	NAP
13.11	Property		1	Walgreens Warrenton	NAP	NAP	NAP	NAP	NAP	NAP	NAP
14	Loan		1	1301 Rocky Point Drive	NAP	NAP	NAP	NAP	NAP	NAP	NAP
15	Loan		2	7 East 19th Street & 223 East 80th Street	NAP	NAP	NAP	NAP	NAP	NAP	NAP
15.01	Property		1	7 East 19th Street	NAP	NAP	NAP	NAP	NAP	NAP	NAP
15.02	Property		1	223 East 80th Street	NAP	NAP	NAP	NAP	NAP	NAP	NAP
16	Loan		1	Plaza de Santa Fe	NAP	NAP	NAP	NAP	NAP	NAP	NAP
17	Loan		1	Willow Creek	NAP	NAP	NAP	NAP	NAP	NAP	NAP
18	Loan		1	Tripoli Park	NAP	NAP	NAP	NAP	NAP	NAP	NAP
19	Loan		1	118 West Mission Road	NAP	NAP	NAP	NAP	NAP	NAP	NAP
20	Loan		1	Security Public Storage – Roseville II	NAP	NAP	NAP	NAP	NAP	NAP	NAP
21	Loan		1	Southside Terrace Apartments	NAP	NAP	NAP	NAP	NAP	NAP	NAP
22	Loan		1	Storquest - Phoenix	NAP	NAP	NAP	NAP	NAP	NAP	NAP
23	Loan		1	Mini U Storage - Santa Fe	NAP	NAP	NAP	NAP	NAP	NAP	NAP
24	Loan		1	ABC Junction	NAP	NAP	NAP	NAP	NAP	NAP	NAP
25	Loan		1	Wilmot Place	NAP	NAP	NAP	NAP	NAP	NAP	NAP
26	Loan		1	Mini U Storage - Glen Mills	NAP	NAP	NAP	NAP	NAP	NAP	NAP
27	Loan		1	Ametek HQ	NAP	NAP	NAP	NAP	NAP	NAP	NAP
28	Loan		1	14339-14351 Haynes Street	NAP	NAP	NAP	NAP	NAP	NAP	NAP
29	Loan		1	Estabrook & Fairview	NAP	NAP	NAP	NAP	NAP	NAP	NAP
30	Loan		1	Mini U Storage - Folsom	NAP	NAP	NAP	NAP	NAP	NAP	NAP
31	Loan		1	Enderis & Wells	NAP	NAP	NAP	NAP	NAP	NAP	NAP
32	Loan		1	Giant Eagle - Chardon	NAP	NAP	NAP	NAP	NAP	NAP	NAP
33	Loan		1	145 Main Street	NAP	NAP	NAP	NAP	NAP	NAP	NAP
34	Loan		1	Miramar Crossing	NAP	NAP	NAP	NAP	NAP	NAP	NAP
35	Loan		1	Lafayette Oaks MHC	NAP	NAP	NAP	NAP	NAP	NAP	NAP
36	Loan		1	Mini U Storage - Arlington	NAP	NAP	NAP	NAP	NAP	NAP	NAP
37	Loan		1	Arbor Glade	NAP	NAP	NAP	NAP	NAP	NAP	NAP

A-23