10/09/2025 | Press release | Distributed by Public on 10/09/2025 14:41
Item 6.04 Failure to Make a Required Distribution.
On October 8, 2025, the Depositor was notified by the Certificate Administrator that it was notified by the Master Servicer of servicer report revisions with respect to the Distribution Dates in June, July, August and September of 2025, resulting from a recalculation of amounts payable to the pari passu and subordinate notes related to the 555 11th Street NW mortgage loan. The Certificate Administrator informed the Depositor that distributions to certificateholders of the classes listed below were subsequently revised to offset the amount of underpayment or overpayment caused by such servicer remittance report revisions.
June 2025 |
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Affected Class |
Original Amount Distributed |
Overpayment or Underpayment |
Overpayment or Underpayment Type |
Class AS |
$166,797.01 |
$135,151.47 (Underpayment) |
Principal |
Class 555A |
$0.00 |
$27,647.69 (Underpayment) |
Principal |
Class 555B |
$0.00 |
$43,244.53 (Underpayment) |
Principal |
July 2025 |
|||
Affected Class |
Original Amount Distributed |
Overpayment or Underpayment |
Overpayment or Underpayment Type |
Class AS |
$1,433,676.55 |
$777,344.01 (Overpayment) |
Principal |
Class B |
$564,162.74 |
$564,162.74 (Overpayment) |
Principal |
Class 555A |
$0.00 |
$94,300.54 (Underpayment) |
Principal |
Class 555B |
$0.00 |
$147,495.70 (Underpayment) |
Principal |
August 2025 |
|||
Affected Class |
Original Amount Distributed |
Overpayment or Underpayment |
Overpayment or Underpayment Type |
Class AS |
$0.00 |
$382,274.12 (Underpayment) |
Principal |
Class B |
$168,104.70 |
$168,104.70 (Overpayment) |
Principal |
Class 555A |
$0.00 |
$41,763.04 (Underpayment) |
Principal |
Class 555B |
$0.00 |
$65,321.67 (Underpayment) |
Principal |
September 2025 |
|||
Affected Class |
Original Amount Distributed |
Overpayment or Underpayment |
Overpayment or Underpayment Type |
Class AS |
$0.00 |
$259,918.42 (Underpayment) |
Principal |
Class B |
$168,752.10 |
$97,657.95 (Overpayment) |
Principal |
Class 555A |
$0.00 |
$31,640.80 (Underpayment) |
Principal |
Class 555B |
$0.00 |
$49,489.44 (Underpayment) |
Principal |