05/06/2026 | Press release | Distributed by Public on 05/06/2026 09:50
Item 6.04 Failure to Make a Required Distribution.
The Certificate Administrator made distributions to the Certificateholders on the March 12, 2026 and the April 10, 2026 Distribution Dates. The Certificate Administrator was subsequently notified by the Master Servicer on April 30, 2026 of receipt of curtailment payments on the Walgreens Net Lease Portfolio II Mortgage Loan and the Walgreens Net Lease Portfolio I Mortgage Loan (Loan Numbers 11 and 14, respectively, on Annex A-1 of the prospectus supplement of the registrant relating to the issuing entity filed on February 3, 2015 pursuant to Rule 424(b)(5)) applied to the March and April distributions. This resulted in an underpayment of principal to the Class C Certificateholders in an amount equal to $290,980.22 for the March Distribution Date. This also resulted in an underpayment of principal to the Class C Certificateholders in an amount equal to $265,614.81, an overpayment of interest to the Class C Certificateholders in an amount equal to $1,097.49 and an underpayment of interest to the Class E, Class F, Class G, Class H and Class X-C Certificateholders totaling $44.58 for the April Distribution Date.
The payment adjustments to the impacted Certificateholders described above are expected to be made on or prior to the next distribution date.