PUBLIC NOTICE OF UCC SALE: BMD-III CHT Mezz, LLC

UCC Public Sale Notice

Please take notice that Newmark (“Newmark”), on behalf of BMD-III CHT Mezz, LLC, a Delaware limited liability company (the “Secured Party”), offers for sale at public auction on Tuesday, September 23, 2025, at 2:30 p.m. (Eastern Time) on the steps of the New York county courthouse located at 60 Centre Street, New York, New York 10007, in connection with a Uniform Commercial Code sale, 100% of the limited liability company membership interests (the “Interests”), owned by (i) CF E 88 MEZZ 3 LLC, a Delaware limited liability company (“CF E 88 Borrower”), (ii) SM E 88 MEZZ 3 LLC, a Delaware limited liability company (“SM E 88 Borrower”), (iii) CF E 86 MEZZ 3 LLC, a Delaware limited liability company (“CF E 86 Borrower”), (iv) SM E 86 MEZZ 3 LLC, a Delaware limited liability company (“SM E 86 Borrower”), and (v) LSG E 86 MEZZ 3 LLC, a Delaware limited liability company (“LSG E 86 Borrower”; and with CF E 88 Borrower, SM E 88 Borrower, CF E 86 Borrower and SM E 86 Borrower, each a “Borrower” or “Pledgor” and collectively the “Borrowers” or “Pledgors”), in, respectively, (a) CF E 88 MEZZ 2 LLC, a Delaware limited liability company, (b) SM E 88 MEZZ 2 LLC, a Delaware limited liability company, (c) CF E 86 MEZZ 2 LLC, a Delaware limited liability company, (d) SM E 86 MEZZ 2 LLC, a Delaware limited liability company, and (e) LSG E 86 MEZZ 2 LLC, a Delaware limited liability company; which in turn owns 100% of the limited liability company membership interests, respectively, in (1) CF E 88 MEZZ 1 LLC, a Delaware limited liability company, (2) SM E 88 MEZZ 1 LLC, a Delaware limited liability company, (3) CF E 86 MEZZ 1 LLC, a Delaware limited liability company, (4) SM E 86 MEZZ 1 LLC, a Delaware limited liability company, and (5) LSG E 86 MEZZ 1 LLC, a Delaware limited liability company; which in turn owns 100% of the limited liability company membership interests, respectively, in (x) CF E 88 LLC, a Delaware limited liability company, (y) SM E 88 LLC, a Delaware limited liability company, (z) CF E 86 LLC, a Delaware limited liability company, (aa) SM E 86 LLC, a Delaware limited liability company, and (ab) LSG E 86 LLC, a Delaware limited liability company, which are the tenant-in-common owners of the properties commonly known as 305-313 East 86 th Street, New York, New York 10028 (Block: 1549; Lot 1) (“Yorkshire”) and 160 East 88 th Street, New York, New York 10128 (Block: 1516; Lot 52) (“Lexington”; and together with Yorkshire, collectively, the “Property”).

The Secured Party, as lender, is the holder of (i) those certain notes evidencing a loan (the “Loan”) to the Pledgors; and (ii) those certain notes evidencing a subordinate loan (the “Subordinate Loan”) to the sole members of each Pledgor. In connection with the Loan, the Pledgors granted to the Secured Party a first priority lien on the Interests pursuant to that certain (i) Pledge and Security Agreement – Mezzanine C, dated as of May 12, 2022, given by CF E 88 MEZZ 3 LLC and CF E 86 MEZZ 3 LLC (the “CF Pledge Agreement”) ; and (ii) Pledge and Security Agreement – Mezzanine C, dated as of May 12, 2022, given by SM E 88 MEZZ 3 LLC, SM E 86 MEZZ 3 LLC, and LSG E 86 MEZZ 3 LLC (the “SM/LSG Pledge Agreement”; and together with the CF Pledge Agreement, the “Pledge Agreement”). The Secured Party is offering the Interests for sale in connection with the foreclosure on the pledge of such Interests. The sale of the Interests will be subject to all applicable third-party consents and regulatory approvals, if any, and the outstanding balance due on the Loan pursuant to the terms of the Loan Documents and the outstanding balance due on the Subordinate Loan pursuant to the terms of the Subordinate Loan Documents. Without limitation to the foregoing, please take notice that there are specific requirements for any potential successful bidder in connection with (i) obtaining information and (ii) bidding on the Interests, including but not limited to, that each bidder must deliver such documents and pay such amounts as required by the applicable governing documents relating to the Interests and meeting any requirements shall be at the sole risk, cost, and expense of a prospective bidder.

The Interests are being offered as a single lot, “as-is, where-is”, with no express or implied warranties, representations, statements or conditions of any kind made by the Secured Party or any person acting for or on behalf of the Secured Party, without any recourse whatsoever to the Secured Party or any other person acting for or on behalf of the Secured Party and each bidder must make its own inquiry regarding the Interests. The winning bidder shall be responsible for the payment of all transfer taxes, stamp duties and similar taxes incurred in connection with the purchase of the Interests.

Secured Party reserves the right to credit bid, set a minimum reserve price, reject all bids (including, without limitation, any bid that it deems to have been made by a bidder that is unable to satisfy the requirements imposed by Secured Party upon prospective bidders in connection with the sale or to whom in Secured Party’s sole judgment a sale may not lawfully be made), terminate or adjourn the sale to another time, without further notice, and to sell the Interests at a subsequent public or private sale and to impose any other commercially reasonable conditions upon the sale of the Interests as Secured Party may deem proper. Secured Party further reserves the right to determine the qualifications of any bidder, including a prospective bidder’s ability to close the transaction on the terms and conditions referenced herein and to modify these terms of sale. Secured Party further reserves the right to verify that each certificate for the Interests to be sold bears a legend substantially to the effect that such interests have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and to impose such other limitations or conditions in connection with the sale of the Interests as the Secured Party deems necessary or advisable in order to comply with the Securities Act or any other applicable law. All bids (other than credit bids of the Secured Party) must be for cash, and the successful bidder must be prepared to deliver immediately available good funds within ten (10) days after the sale and otherwise comply with the bidding requirements. Further information concerning the Interests, the Data Room, the requirements for bidding on the interests, and the Terms of Sale can be found at Revere Data Site or by contacting Newmark using the contact information below.

Contact Information for Newmark:
Attn: Brock Cannon
Tel: +1 (212) 372-2066
E-mail: [email protected]