PUBLIC NOTICE OF UCC ARTICLE 9 SALE: Membership Interest LLCs with underlying multi family properties in Cambridge, MA, and Washington, DC.

NOTICE OF AUCTION ADVISORS’ PUBLIC AUCTION SALE ON BEHALF OF SECURED PARTY OF MEMBERSHIP INTERESTS IN BETHUNE DEVELOPMENT LLC, N. BLVD LLC, SBRT, LLC AND WTB WESTERN AVE LLC UNDER ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE

January 5, 2026

PLEASE TAKE NOTICE that on January 26, 2026, starting at 11:00 a.m. Eastern Time, Auction Advisors, as Auctioneer, on behalf of Loan Originations LLC, a Delaware limited liability company (“Secured Party”), will offer for sale at a public auction under the Uniform Commercial Code, certain limited liability company membership interests in Bethune Development, LLC, a Maryland limited liability company (“Bethune Development”), N. Blvd LLC, a Massachusetts limited liability company (“N. Blvd”), SBRT, LLC, a District of Columbia limited liability company (“SBRT”) and WTB Western Ave LLC, a Massachusetts limited liability company (“WTB” and together with SBRT, the “Borrower”).

The Borrower owns the following real property and improvements: (i) 2 residential apartment buildings located at 167-175 Western Avenue, Cambridge MA 02139; and (ii) a multifamily residential property located at 1823 Q Street, Washington DC 20020.

William T. Bethune II (“Bethune”) is the current owner of (a) 95% of the membership interests in Bethune Development, (b) 95% of the membership interests in N. Blvd and (c) 95% of the membership interests in WTB. Bethune Development is the current owner of 100% of the membership interests in SBRT. N. Blvd is the current owner of 5% of the membership interests of WTB. To secure the Borrower’s obligations to Secured Party, (1) Bethune pledged to Secured Party a first-priority, perfected security interest in and to his membership interests in (i) Bethune Development, (ii) N. Blvd and (iii) WTB and (2) Bethune Development pledged to Secured Party a first-priority, perfected security interest in and to its membership interests in SBRT. Collectively, the above described pledged membership interests described in the foregoing sentence shall be referred to herein as the “Collateral”.

The sale will be conducted virtually via online video conference. Instructions on how to become a “qualified bidder” and attend the auction via online video conference are set forth in the Terms & Conditions of Auction which are available online at www.AuctionAdvisors.com or by contacting Joshua Olshin of Auction Advisors at: [email protected].

Secured Party is and shall be a qualified bidder and shall be allowed to credit bid amounts due and owing to it by the Borrower in connection with any bids it may make with respect to the Collateral.

The sale will be held to enforce the rights of Secured Party under those certain Ownership Interest Pledge Agreements and UCC financing statements identified on Schedule 1 hereto pursuant to which the relevant pledgors granted Secured Party a security interest in, among other things, the membership interests in Borrower.

Qualified bidders shall be required to post a $100,000.00 good faith deposit prior to bidding, which deposit will be required to be increased to twenty five percent (25%) of the successful bid by the successful bidder on or prior to 12:00 NOON Eastern Time on January 28, 2026. Secured Party shall not be required either to post a good faith deposit or to increase its deposit as aforesaid.

The sale will be FINAL and on an “AS-IS, WHERE IS, WITH ALL FAULTS” basis and will be made WITHOUT REPRESENTATION OR WARRANTY WHATSOEVER. The membership interests owned by Bethune in the Borrower are unregistered securities under the Securities Act of 1933, and as such are subject to certain transfer restrictions. The membership interests owned by Bethune and Bethune Development will be sold as a single block.

Secured Party reserves the right to establish all bidding procedures and requirements and to have prospective bidders reasonably demonstrate to the satisfaction of Secured Party that they are qualified investors and their ability to perform and close on the acquisition of the membership interests in the Borrower. Secured Party reserves the right to credit bid at the sale. Secured Party also reserves the right to adjourn, continue, or cancel the sale without further notice. Other terms and conditions of the sale are set forth in the Terms & Conditions.

This public auction sale is being held by Secured Party to enforce the rights of Secured Party in the Collateral. Bethune and the Borrower will remain obligated for any deficiency on the debt owed to Secured Party existing after the sale of the Collateral. Any surplus will be remitted to the Borrower.

You are entitled to an accounting of the unpaid indebtedness secured by the Collateral that we intend to sell for no additional charge. You may request an accounting by calling Joshua Olshin of Auction Advisors at: 212-375-1222 ext 705.

Certain additional but limited information available to Secured Party regarding the Borrower will be made available via a secure data room to prospective bidders who execute a non-disclosure agreement. Such non-disclosure agreement, and other information and due diligence materials may be obtained by visiting www.AuctionAdvisors.com.

Any interested bidder must satisfy the requirements to be a “qualified bidder” by no later than NOON Eastern Time on January 23, 2026.

The auction of the Membership Interests will commence at 11:00 A.M. Eastern Time on January 26, 2026.

Schedule 1

Ownership Interest Pledge Agreements

1. Ownership Interest Pledge Agreement dated as of December 30, 2024, executed by Bethune with respect to Bethune’s pledge of membership interests in Bethune Development.

2. Ownership Interest Pledge Agreement dated as of December 30, 2024, executed by Bethune and N. Blvd with respect to their pledge of membership interests in WTB.

3. Ownership Interest Pledge Agreement dated as of December 30, 2024, executed by Bethune Development with respect to its pledge of membership interests in SBRT.

4. Ownership Interest Pledge Agreement dated as of December 30, 2024, executed by Bethune with respect to his pledge of membership interests in N. Blvd.

UCC Filings

District of Columbia

Maryland

Massachusetts