Morgan Stanley Capital I Trust 2022-L8: loan annex

Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-01

← Morgan Stanley Capital I Trust 2022-L8 · CMBS market

Detail sections for the 23 loans of this deal that do not have a page of their own. Loans with a surveillance history, loans at or above the section's size threshold of $25.0M, and the largest loans in the deal have their own pages, linked from the loan table on the deal page. Every loan in the deal appears either here or on its own page.

4000 Principio Parkway (and 16 more properties)

Property	4000 Principio Parkway (and 16 more properties)
Address	4000 Principio Parkway East; 2020 Joe B. Jackson Parkway; 1901 Meadowville Technology Parkway; 52 Pettengill Road; 510 John Dodd Road; 309 Dulty's Lane; 5300 Centerpoint Parkway; 17001 Mercury Street; 725 Darlington Avenue; 10100 89th Avenue North; 7303 Rickenbacker Parkway West; 4836 Hickory Hill Road; 7000 West Post Road; 3201 Bearing Drive; 900 Commerce Parkway West Drive; 6825 West County Road 400 North; 951 Trails Road; North East, MD (and 16 more) 21901
Property type	Multiple property types
Units, beds or keys	not yet reported
Net rentable square feet	not yet reported
Year built	not yet reported
Year last renovated	["2010", "2006", "2020", "2020", "2001"]
Original balance	$24.2M
Current balance	$24.2M (September 2026)
Share of deal balance	3.6%
Interest rate at origination	3.86%
Current interest rate	3.86%
Origination date	02-25-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-03-06
Prepayment lockout end	not yet reported
Yield maintenance end	09-05-2031
Servicer	Berkadia
Loan servicer	not yet reported
Originator	MSBNA, BMO
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
Most recent reported	not yet reported	not yet reported	["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"]

Largest tenants

Tenant	Square feet	Lease expiration
Restoration Hardware, Inc.	not yet reported	["02-29-2028", "09-30-2027", "09-30-2027", "05-31-2030", "09-30-2027", "07-31-2033", "09-30-2026", "08-31-2032", "04-30-2035", "08-31-2029", "05-15-2028", "04-30-2027", "09-30-2030", "06-30-2029", "07-31-2031", "09-30-2034", "08-31-2033"]
Pelican Bio Thermal LLC	not yet reported	["09-30-2031", "02-28-2027"]
Countrywide Tire and Rubber, Inc.	46,507	10-31-2028

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$16.1M
Operating expenses	$4.0M
Net operating income	$12.1M
Net cash flow	$11.3M
DSCR (net cash flow)	2.62
DSCR (net operating income)	2.81
Occupancy	100%
Servicer advances outstanding	$0

1021-1023 38th Street

Property	1021-1023 38th Street
Address	1021-1023 38th Street; Brooklyn, NY 11219
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	56,512
Year built	2019
Year last renovated	not yet reported
Original balance	$21.0M
Current balance	$21.0M (September 2026)
Share of deal balance	3.1%
Interest rate at origination	3.75%
Current interest rate	3.75%
Origination date	12-22-2021
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-01-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$32.9M	11-01-2021	MAI
Most recent reported	$32.9M	2021-11-01	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Human Care Services	14,961	10-31-2036
Beitel Corp.	8,435	11-30-2036
Beitel Property Management	8,435	11-30-2036

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

First National Building (and 13 more properties)

Property	First National Building (and 13 more properties)
Address	660 Woodward Avenue; 611 Woodward Avenue; 719 Griswold Street 730 Shelby Street; 1001 Woodward Avenue; One Woodward Avenue; 1234 Library Street; 160 East Congress Street; 1505 Woodward Avenue 1515-1529 Woodward Avenue; 1001 Brush Street; 1700 W. Fort Street; 419 E. Fort Street; 600 Woodward Avenue; 1401 1st Street; 1520 Woodward Avenue; Detroit, MI (and 13 more) 48226
Property type	Multiple property types
Units, beds or keys	["1351", "1106", "1309", "32", "637", "21", "633"]
Net rentable square feet	not yet reported
Year built	not yet reported
Year last renovated	["2010", "2011", "2013", "2013", "2013", "2016", "2016", "2018", "2016", "2019", "2016", "2018", "2017", "2018"]
Original balance	$20.0M
Current balance	$20.0M (September 2026)
Share of deal balance	3.0%
Interest rate at origination	3.78%
Current interest rate	3.78%
Origination date	12-28-2021
Original term	84 months
Amortization term	not yet reported
Interest-only period	84 months
Scheduled maturity	2029-01-01
Prepayment lockout end	02-29-2024
Yield maintenance end	09-30-2028
Servicer	Bernard Financial
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
Most recent reported	not yet reported	not yet reported	["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"]

Largest tenants

Tenant	Square feet	Lease expiration
Rocket Close LLC	not yet reported	["01-31-2032", "07-31-2028", "08-31-2028", "04-30-2027", "03-31-2032", "04-30-2034", "05-31-2027", "03-31-2030", "05-31-2030"]
Honigman Miller Schwartz and Cohn LLP	not yet reported	["11-30-2035", "05-31-2027", "08-31-2028", "10-31-2033", "12-31-2036", "01-31-2027"]
Board of Trustees of Michigan State University	not yet reported	["09-30-2031", "06-30-2027", "08-31-2028", "05-31-2033", "10-31-2030", "01-31-2030", "08-31-2031", "08-31-2029"]

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$98.1M
Operating expenses	$45.9M
Net operating income	$52.2M
Net cash flow	$48.2M
DSCR (net cash flow)	3.76
DSCR (net operating income)	4.07
Occupancy	76%
Servicer advances outstanding	$0

Rancho Cordova Town Center (and 3 more properties)

Property	Rancho Cordova Town Center (and 3 more properties)
Address	10801-10937 Olson Drive; 17533-17643 Vierra Canyon Road; 4771-4791 East Palm Canyon Drive; 42 South River Road; Rancho Cordova, CA (and 3 more) 95670
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	not yet reported
Year built	not yet reported
Year last renovated	2016
Original balance	$20.0M
Current balance	$20.0M (September 2026)
Share of deal balance	3.0%
Interest rate at origination	3.89%
Current interest rate	3.89%
Origination date	02-02-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-02-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	AREF
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
Most recent reported	not yet reported	not yet reported	["MAI", "MAI", "MAI", "MAI"]

Largest tenants

Tenant	Square feet	Lease expiration
Ross	not yet reported	["01-31-2027", "05-31-2029", "05-31-2031", "05-31-2029"]
Marshall's	not yet reported	["08-31-2027", "06-30-2029", "10-31-2030", "10-31-2030"]
Michael's Stores, Inc	not yet reported	["06-30-2026", "08-31-2024", "08-31-2028", "06-06-2027"]

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

Stadium Crossings

Property	Stadium Crossings
Address	2125 East Katella Avenue; Anaheim, CA 92806
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	106,067
Year built	1999
Year last renovated	2021
Original balance	$19.5M
Current balance	$19.5M (September 2026)
Share of deal balance	2.9%
Interest rate at origination	4.21%
Current interest rate	4.21%
Origination date	03-14-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-04-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	BMO
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$32.5M	02-08-2022	MAI
Most recent reported	$32.5M	2022-02-08	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
County of Orange	53,674	03-31-2028
Defense Contract Audit Agency	20,828	08-22-2038
American Integrated Services, Inc.	12,108	06-30-2030

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$3.3M
Operating expenses	$1.8M
Net operating income	$1.5M
Net cash flow	$1.5M
DSCR (net cash flow)	1.80
DSCR (net operating income)	1.82
Occupancy	95%
Servicer advances outstanding	$0

45 John Street (and 1 more properties)

Property	45 John Street (and 1 more properties)
Address	45 John Street aka 1 Dutch Street; 2027-2127 Emmons Avenue; New York, NY (and 1 more) 10038
Property type	Multiple property types
Units, beds or keys	not yet reported
Net rentable square feet	not yet reported
Year built	not yet reported
Year last renovated	2017
Original balance	$15.0M
Current balance	$15.0M (September 2026)
Share of deal balance	2.2%
Interest rate at origination	3.96%
Current interest rate	3.96%
Origination date	01-21-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-02-06
Prepayment lockout end	11-05-2031
Yield maintenance end	not yet reported
Servicer	KeyBank
Loan servicer	not yet reported
Originator	BMO
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
Most recent reported	not yet reported	not yet reported	["MAI", "MAI"]

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

Foothill Center

Property	Foothill Center
Address	1905, 1957, 1973 1987 & 1999 Foothill Parkway; Corona, CA 92881
Property type	Retail
Units, beds or keys	not yet reported
Net rentable square feet	33,904
Year built	2019
Year last renovated	not yet reported
Original balance	$13.3M
Current balance	$12.3M (September 2026)
Share of deal balance	1.8%
Interest rate at origination	4.28%
Current interest rate	4.28%
Origination date	12-30-2021
Original term	120 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2032-01-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$23.0M	12-28-2021	MAI
Most recent reported	$23.0M	2021-12-28	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Circle K Stores, Inc. #2706063	3,000	05-31-2041
RAIKOT, LLC dba The Habit Burger Grill #210	2,700	04-30-2035
Starbucks #51971	2,700	07-31-2029

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

273 Maverick Street (and 12 more properties)

Property	273 Maverick Street (and 12 more properties)
Address	273 Maverick Street; 194-194A Maverick Street; 147 Cottage Street; 133 Paris Street; 153 Saratoga Street; 284 Chelsea Street; 129 Eutaw Street; 161 Bennington Street; 20 Trenton Street; 234 Lexington Street; 137 Chelsea Street; 21 Eutaw Street; 206 Princeton Street; East Boston, MA (and 12 more) 02128
Property type	Multifamily
Units, beds or keys	["7", "4", "3", "3", "3", "3", "3", "3", "3", "3", "3", "3", "3"]
Net rentable square feet	not yet reported
Year built	not yet reported
Year last renovated	not yet reported
Original balance	$12.2M
Current balance	$12.2M (September 2026)
Share of deal balance	1.8%
Interest rate at origination	3.95%
Current interest rate	3.95%
Origination date	12-14-2021
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-01-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
Most recent reported	not yet reported	not yet reported	["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"]

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

Tidewater Cove

Property	Tidewater Cove
Address	5701 & 5721 Southeast Columbia Way; Vancouver, WA 98661
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	67,591
Year built	2004
Year last renovated	not yet reported
Original balance	$12.0M
Current balance	$12.0M (September 2026)
Share of deal balance	1.8%
Interest rate at origination	3.96%
Current interest rate	3.96%
Origination date	02-01-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-02-06
Prepayment lockout end	09-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$19.9M	12-30-2021	MAI
Most recent reported	$19.9M	2021-12-30	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
CONMET Consolidated Metco, Inc.	50,515	05-31-2036
RIVERSIDE Riverside Payments, Inc	17,076	04-30-2028
MARINA Tidewater Cove Marina	not yet reported	not yet reported

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

20495 Murray Road

Property	20495 Murray Road
Address	20495 Murray Road; Bend, OR 97701
Property type	Industrial
Units, beds or keys	not yet reported
Net rentable square feet	111,870
Year built	1976
Year last renovated	2016
Original balance	$10.7M
Current balance	$10.7M (September 2026)
Share of deal balance	1.6%
Interest rate at origination	3.88%
Current interest rate	3.88%
Origination date	02-15-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-03-06
Prepayment lockout end	12-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	BMO
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$20.6M	01-06-2022	MAI
Most recent reported	$20.6M	2022-01-06	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Cascade Steel Works	22,571	12-31-2029
Glacier Supply Group, LLC	18,435	09-30-2028
Mountain Air	15,598	12-31-2026

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.1M
Operating expenses	$300,924
Net operating income	$787,494
Net cash flow	$661,122
DSCR (net cash flow)	1.58
DSCR (net operating income)	1.88
Occupancy	83%
Servicer advances outstanding	$0

Oak Ridge Apartments

Property	Oak Ridge Apartments
Address	26717 Berg Road; Southfield, MI 48075
Property type	Multifamily
Units, beds or keys	208
Net rentable square feet	not yet reported
Year built	1979
Year last renovated	not yet reported
Original balance	$9.0M
Current balance	$8.3M (September 2026)
Share of deal balance	1.2%
Interest rate at origination	4.56%
Current interest rate	4.56%
Origination date	03-14-2022
Original term	120 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2032-04-06
Prepayment lockout end	01-05-2032
Yield maintenance end	not yet reported
Servicer	Bernard Financial
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$16.4M	02-16-2022	MAI
Most recent reported	$16.4M	2022-02-16	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

Freedom Plaza

Property	Freedom Plaza
Address	3990-4110 East State Road 44; Wildwood, FL 34785
Property type	Mixed use
Units, beds or keys	not yet reported
Net rentable square feet	46,225
Year built	2018
Year last renovated	not yet reported
Original balance	$8.0M
Current balance	$8.0M (September 2026)
Share of deal balance	1.2%
Interest rate at origination	3.98%
Current interest rate	3.98%
Origination date	03-10-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-04-06
Prepayment lockout end	02-05-2032
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	AREF
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$14.3M	01-15-2022	MAI
Most recent reported	$14.3M	2022-01-15	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
HUMANA	4,438	01-31-2027
Re/Max	4,275	02-28-2031
BALDWIN BROTHERS	3,750	06-30-2028

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.5M
Operating expenses	$315,856
Net operating income	$1.2M
Net cash flow	$1.1M
DSCR (net cash flow)	3.56
DSCR (net operating income)	3.65
Occupancy	100%
Servicer advances outstanding	$0

6 Armstrong

Property	6 Armstrong
Address	6 Armstrong Rd; Shelton, CT 06484
Property type	Office
Units, beds or keys	not yet reported
Net rentable square feet	169,025
Year built	1985
Year last renovated	2020
Original balance	$7.5M
Current balance	$7.5M (September 2026)
Share of deal balance	1.1%
Interest rate at origination	3.86%
Current interest rate	3.86%
Origination date	03-10-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-04-06
Prepayment lockout end	05-05-2024
Yield maintenance end	01-05-2032
Servicer	Midland
Loan servicer	not yet reported
Originator	BMO
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$20.8M	12-25-2021	MAI
Most recent reported	$20.8M	2021-12-25	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
TIMEX	50,216	11-30-2036
LIGHTBOX PARENT ENVIRC	37,197	08-31-2031
GRAHAM CAPITAL MGMT	13,769	06-30-2029

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$747,355
Operating expenses	$411,757
Net operating income	$335,598
Net cash flow	$288,365
DSCR (net cash flow)	3.93
DSCR (net operating income)	4.57
Occupancy	89%
Servicer advances outstanding	$0

Storage Xxtra Highway 61

Property	Storage Xxtra Highway 61
Address	1836 Carrollton Villa Rica Hwy; Villa Rica, GA 30180
Property type	Self storage
Units, beds or keys	599
Net rentable square feet	108,476
Year built	2007
Year last renovated	2019
Original balance	$8.0M
Current balance	$7.3M (September 2026)
Share of deal balance	1.1%
Interest rate at origination	3.56%
Current interest rate	3.56%
Origination date	12-22-2021
Original term	120 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2032-01-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$13.2M	12-20-2021	MAI
Most recent reported	$13.2M	2021-12-20	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.3M
Operating expenses	$527,007
Net operating income	$723,822
Net cash flow	$712,974
DSCR (net cash flow)	1.64
DSCR (net operating income)	1.67
Occupancy	83%
Servicer advances outstanding	$0

Fairfield Inn & Suites Brooksville

Property	Fairfield Inn & Suites Brooksville
Address	14082 Cortez Boulevard; Brooksville, FL 34609
Property type	Lodging
Units, beds or keys	72
Net rentable square feet	not yet reported
Year built	2020
Year last renovated	not yet reported
Original balance	$7.4M
Current balance	$6.8M (September 2026)
Share of deal balance	1.0%
Interest rate at origination	4.50%
Current interest rate	4.50%
Origination date	03-04-2022
Original term	120 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2032-03-06
Prepayment lockout end	12-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	AREF
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$12.1M	12-30-2021	MAI
Most recent reported	$12.1M	2021-12-30	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

35 Walker Street

Property	35 Walker Street
Address	35 Walker Street (a/k/a 35a And 35b Walker Street); New York, NY 10013
Property type	Multifamily
Units, beds or keys	5
Net rentable square feet	not yet reported
Year built	1808
Year last renovated	2016
Original balance	$5.5M
Current balance	$5.5M (September 2026)
Share of deal balance	0.8%
Interest rate at origination	3.60%
Current interest rate	3.60%
Origination date	03-04-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-04-01
Prepayment lockout end	12-31-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	MSBNA
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$9.6M	01-04-2022	MAI
Most recent reported	$9.6M	2022-01-04	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

La Quinta Inn & Suites - Holbrook, AZ

Property	La Quinta Inn & Suites - Holbrook, AZ
Address	2705 Navajo Boulevard; Holbrook, AZ 86025
Property type	Lodging
Units, beds or keys	73
Net rentable square feet	not yet reported
Year built	2020
Year last renovated	not yet reported
Original balance	$6.2M
Current balance	$5.5M (September 2026)
Share of deal balance	0.8%
Interest rate at origination	4.62%
Current interest rate	4.62%
Origination date	03-04-2022
Original term	120 months
Amortization term	300 months
Interest-only period	not yet reported
Scheduled maturity	2032-03-06
Prepayment lockout end	11-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$13.0M	01-31-2022	MAI
Most recent reported	$13.0M	2022-01-31	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

United Storage Swansea

Property	United Storage Swansea
Address	1614 Grand Army of the Republic Highway Route 6; Swansea, MA 02777
Property type	Self storage
Units, beds or keys	371
Net rentable square feet	55,660
Year built	1988
Year last renovated	not yet reported
Original balance	$5.5M
Current balance	$5.5M (September 2026)
Share of deal balance	0.8%
Interest rate at origination	4.07%
Current interest rate	4.07%
Origination date	12-29-2021
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-01-06
Prepayment lockout end	10-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$8.7M	12-01-2021	MAI
Most recent reported	$8.7M	2021-12-01	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$770,792
Operating expenses	$308,614
Net operating income	$462,177
Net cash flow	$456,609
DSCR (net cash flow)	2.01
DSCR (net operating income)	2.03
Occupancy	100%
Servicer advances outstanding	$0

Motel 6 Las Vegas

Property	Motel 6 Las Vegas
Address	6585 Speedway Blvd; North Las Vegas, NV 89115
Property type	Lodging
Units, beds or keys	100
Net rentable square feet	not yet reported
Year built	2018
Year last renovated	not yet reported
Original balance	$5.5M
Current balance	$5.1M (September 2026)
Share of deal balance	0.8%
Interest rate at origination	4.13%
Current interest rate	4.13%
Origination date	12-23-2021
Original term	120 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2032-01-06
Prepayment lockout end	11-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	AREF
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$10.5M	12-01-2021	MAI
Most recent reported	$10.5M	2021-12-01	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$2.7M
Operating expenses	$1.8M
Net operating income	$869,368
Net cash flow	$734,144
DSCR (net cash flow)	2.27
DSCR (net operating income)	2.69
Occupancy	66%
Servicer advances outstanding	$0

Country Court Apartments

Property	Country Court Apartments
Address	25603 Greenfield Road; Southfield, MI 48075
Property type	Multifamily
Units, beds or keys	176
Net rentable square feet	not yet reported
Year built	1971
Year last renovated	not yet reported
Original balance	$5.3M
Current balance	$4.9M (September 2026)
Share of deal balance	0.7%
Interest rate at origination	4.56%
Current interest rate	4.56%
Origination date	03-14-2022
Original term	120 months
Amortization term	360 months
Interest-only period	not yet reported
Scheduled maturity	2032-04-06
Prepayment lockout end	01-05-2032
Yield maintenance end	not yet reported
Servicer	Bernard Financial
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$10.1M	02-16-2022	MAI
Most recent reported	$10.1M	2022-02-16	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

43-53 Mineola Avenue

Property	43-53 Mineola Avenue
Address	43-53 Mineola Avenue; Roslyn Heights, NY 11577
Property type	Mixed use
Units, beds or keys	not yet reported
Net rentable square feet	9,995
Year built	1922
Year last renovated	2020
Original balance	$4.5M
Current balance	$4.5M (September 2026)
Share of deal balance	0.7%
Interest rate at origination	5.20%
Current interest rate	5.20%
Origination date	02-25-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-03-06
Prepayment lockout end	12-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$7.0M	12-20-2021	MAI
Most recent reported	$7.0M	2021-12-20	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Largest tenants

Tenant	Square feet	Lease expiration
Golbar Mgmt Intl Corp.	4,980	06-30-2029

The three largest tenants as reported in the latest asset-level record.

Latest financials

Financial period end (latest)	not yet reported
Revenue	not yet reported
Operating expenses	not yet reported
Net operating income	not yet reported
Net cash flow	not yet reported
DSCR (net cash flow)	not yet reported
DSCR (net operating income)	not yet reported
Occupancy	not yet reported
Servicer advances outstanding	$0

399 Atlantic

Property	399 Atlantic
Address	399 Atlantic Avenue; Brooklyn, NY 11217
Property type	Multifamily
Units, beds or keys	15
Net rentable square feet	not yet reported
Year built	2004
Year last renovated	not yet reported
Original balance	$3.5M
Current balance	$3.5M (September 2026)
Share of deal balance	0.5%
Interest rate at origination	3.85%
Current interest rate	3.85%
Origination date	02-15-2022
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-03-06
Prepayment lockout end	12-05-2031
Yield maintenance end	not yet reported
Servicer	Midland
Loan servicer	not yet reported
Originator	BMO
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$8.8M	12-07-2021	MAI
Most recent reported	$8.8M	2021-12-07	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	03-31-2026
Revenue	$243,581
Operating expenses	$100,068
Net operating income	$143,512
Net cash flow	$142,266
DSCR (net cash flow)	4.17
DSCR (net operating income)	4.20
Occupancy	93%
Servicer advances outstanding	$0

Nsc Oakman Storage

Property	Nsc Oakman Storage
Address	1100 Oakman Blvd.; Detroit, MI 48238
Property type	Self storage
Units, beds or keys	658
Net rentable square feet	63,027
Year built	1929
Year last renovated	2020
Original balance	$3.0M
Current balance	$3.0M (September 2026)
Share of deal balance	0.4%
Interest rate at origination	3.42%
Current interest rate	3.42%
Origination date	12-30-2021
Original term	120 months
Amortization term	not yet reported
Interest-only period	120 months
Scheduled maturity	2032-01-06
Prepayment lockout end	05-05-2024
Yield maintenance end	09-05-2031
Servicer	Midland
Loan servicer	not yet reported
Originator	SMC
Current status	Current
Specially serviced now	No
Defeased	No

Valuation

Basis	Amount	Date	Source (as filed)
At securitization	$9.6M	11-18-2021	MAI
Most recent reported	$9.6M	2021-11-18	MAI

Change from securitization to the most recent reported valuation: 0.0%.

Latest financials

Financial period end (latest)	06-30-2026
Revenue	$1.0M
Operating expenses	$465,150
Net operating income	$564,288
Net cash flow	$559,862
DSCR (net cash flow)	5.39
DSCR (net operating income)	5.43
Occupancy	83%
Servicer advances outstanding	$0