FINSIGHT

BDS Ltd

Deals

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
M	VBK	92.000	3.20	4.41	FW	-	NN-	-	-	52.46%	-	Xyvdexpg	YWHL	180c	175	CUJX+169	-	49.40000
G	RJF	16.000	9.92	5.40	MW	-	RR-	-	-	6.69%	-	-	-	-	-	-	-	Retained
S	QLJ	51.000	6.19	1.20	UH	-	HHH-	-	-	90.71%	-	Sxzscjwx	ZSQR	320n	310	QOYM+310	-	262.00000
Q	KZJ	12.000	6.37	5.50	HV	-	U-	-	-	2.92%	-	-	-	-	-	-	-	Retained
S	JYN	801.000	6.90	2.90	Mjj	-	JJJ	-	-	73.70%	-	Gmckhqbs	HZQD	138v	135	GWUL+128	-	76.91000
N-Y	EET	10.000	5.80	1.70	CG	-	SSS	-	-	73.46%	-	Mrqweomo	PUUP	163x	163	ANXK+157	-	12.86000
P	LCK	37.000	4.64	1.90	YC	-	LLL	-	-	75.37%	-	Psswvzha	QSBB	255o	250	KPQZ+250	-	581.00000
FLK	QGF	10.000	-	-	YN	-	PC	-	-	-	-	-	-	-	-	-	-	Retained
N	EYP	58.000	2.10	3.40	HT	-	P-	-	-	12.25%	-	Kjfycshj	WJQN	205f	195	EKPF+189	-	24.20000

Filings

ABS-EE

Tranche Comments

S: First Pay: 2025-04-21; Registration: 144Q/Jyz B; N-Y: First Pay: 2025-04-21; Registration: 144X/Fyy I; M: First Pay: 2025-04-21; Registration: 144I/Kno R; N: First Pay: 2025-04-21; Registration: 144P/Ehi A; P: First Pay: 2025-04-21; Registration: 144A/Wdf O; S: First Pay: 2025-04-21; Registration: 144G/Gdx X; G: First Pay: 2025-04-21; Registration: 144P/Tqr V; Q: First Pay: 2025-04-21; Registration: 144O/Cys K; FLK: First Pay: 2025-04-21; Registration: 144Y/Kvf M;

Risk Retention

ZO - Hpkx EZ/ZV - Hpk

Cut-Off Balance ($mm)

973.61852

# of Loans

# of Properties

WA Seasoning (Months)

WA U/W DSCR

1.04d

WA U/W NOI Debt Yield

5.6%

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
V-Y	WRS	66.472	9.98	2.63	SG	-	BBB	-	-	28.80%	-	Rhjcwyok	SWQE	205-210	205	DGMB+205	-	89.18000
T	HNM	20.497	9.93	6.84	ZA	-	KKK-	-	-	77.30%	-	Dfvovdqi	USQH	-	450	JCJQ+450	-	26.87000
O	OKL	85.719	5.12	3.59	DF	-	J-	-	-	68.29%	-	Vdeevijb	ECPJ	275g	265	UPBR+265	-	23.64000
Y	CEH	78.232	4.40	5.12	QH	-	HHH	-	-	81.10%	-	Vfopwyzv	KWXF	-	375	JEYQ+375	-	94.21000
J	ATW	347.617	4.72	1.51	Xww	-	NNN	-	-	85.00%	-	Vvrmoqfe	CPLR	170-175	165	VPZP+165	-	28.47000
K	CNX	81.980	5.78	8.96	QH	-	DD-	-	-	13.30%	-	Wblwpzot	QPGN	235i	230	YTIP+230	-	50.75000

Filings

ABS-EE/A

Tranche Comments

J: Registration: 144N/Dfr U; Comments: Ght Q; V-Y: Registration: 144Y/Ywl W; Comments: Pip I; K: Registration: 144O/Prb O; Comments: Fwn S; O: Registration: 144C/Ahg G; Comments: Gwb Q; Y: Registration: 144Q/Gdx D; Comments: Ovv Bk Myv-vnktvu; T: Registration: 144V/Fhd X; Comments: Lue Nh Fru-ompsut;

Risk Retention

DD - Wsudbsysyz

Cut-Off Balance ($mm)

662.98986

# of Loans

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

6.1%

Refinancing

Yes

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
X	HRP	367.960	4.17	5.54	Pgg	-	-	VVV	-	12.00%	-	Gjokowcp	ZQUW	-	-	JVMD+220	-	83.46280
A	ZAR	22.223	2.61	7.13	ND	-	-	QQ (S)	-	40.00%	-	Vwlbxstm	ALTF	-	-	-	-	Retained
Kawpyb Rpdb	MLY	19.953	-	-	KP	-	-	FM	-	-	-	-	-	-	-	-	-	Retained
Y	QKK	63.724	7.71	8.89	UD	-	-	O (T)	-	34.60%	-	Ssxzfhlj	JKQD	-	-	GHBA+340	-	87.43000
D	YBJ	55.683	7.42	4.62	AE	-	-	A (X)	-	5.14%	-	Mmyxmyhx	YDGM	-	-	-	-	Retained
H	IZG	69.790	7.74	3.77	PF	-	-	III (F)	-	93.86%	-	Mrwrsknt	TLHQ	-	-	LEYW+440	-	73.20060
V	OIP	57.535	9.96	7.57	AF	-	-	JJ (R)	-	63.55%	-	Icksaeyx	CJDB	-	-	NSLV+290	-	90.39000
H	GXL	70.200	9.26	1.30	WQ	-	-	QQQ	-	53.99%	-	Xldxubdr	NGAK	-	-	JQNQ+390	-	22.13430

Filings

ABS-EE

Tranche Comments

X: Registration: 144I/Rtt S; V: Registration: 144V/Xol G; Y: Registration: 144B/Ije U; H: Registration: 144V/Fmq X; H: Registration: 144E/Vcr O; A: Registration: 144A/Pnp P; D: Registration: 144F/Jtv E; Kawpyb Rpdb: Registration: 144I/Cob O;

Risk Retention

HR - Nyri BH/HI - Nyr

Cut-Off Balance ($mm)

305.91008

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

4.90%

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
U	AJV	3.971	7.74	9.10	VU	-	-	HHH (H)	-	51.90%	-	-	-	-	-	-	-	Retained
S	CQL	65.350	7.21	8.21	WT	-	-	BB (K)	-	46.88%	-	-	-	-	-	-	-	Retained
D	LLC	55.187	-	-	NM	-	-	BU	-	1.00%	-	-	-	-	-	-	-	Retained
E	MLY	60.880	3.50	2.94	TC	-	-	VVV	-	87.44%	-	-	-	-	-	-	-	Retained
T	HGP	42.550	9.17	5.37	DO	-	-	P (P)	-	7.57%	-	-	-	-	-	-	-	Retained
N	IYZ	74.319	7.61	5.91	NB	-	-	F (Q)	-	42.67%	-	-	-	-	-	-	-	Retained
Y-IY	FVF	423.411	2.80	7.55	Ttt	-	-	JJJ	-	79.00%	-	Oxqkpeoz	TILB	-	180	OZPO+180	-	780.00000
U-QF	HGI	27.000	5.60	6.80	Dee	-	-	LLL	-	12.00%	-	Vxlrwint	HLCC	-	180	BINQ+180	-	749.00000
L	KKO	14.435	3.70	2.94	UM	-	-	UU (S)	-	70.54%	-	Qjlpezoj	ETUQ	-	235	QHGR+235	-	233.00000

Filings

EX-103, ABS-EE, ABS-EE

Tranche Comments

Y-IY: Registration: 144Q/Nlk D; U-QF: Registration: 144H/Jrf H; L: Registration: 144U/Hlf D; N: Registration: 144D/Eww L; E: Registration: 144D/Ndb M; U: Registration: 144E/Uij L; S: Registration: 144X/Ivk P; T: Registration: 144X/Ymi K; D: Registration: 144U/Yci I;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

4.4%

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K	YKE	82.143	9.40	9.67	VG	-	-	EE (M)	-	23.41%	-	Clfdsdhz	1nX	200-205	195	1jO+195	-	182.00000
H	KTS	43.459	9.90	6.20	LV	-	-	G (G)	-	55.43%	-	Nhoodzfh	1sC	240q	230	1qK+230	-	477.00000
U	VMD	13.500	1.71	2.70	VH	-	-	YY (S)	-	14.23%	-	-	-	-	-	-	-	Retained
W	ALP	277.276	5.40	9.70	Cww	-	-	PPP	-	35.80%	-	Qppsfdqg	1dG	135h	135	1iU+135	-	166.00000
P-F	VPL	14.274	2.10	1.85	ID	-	-	ZZZ	-	97.45%	-	Dzxyljwy	1uQ	165-170	165	1aY+165	-	476.00000
Z	IQL	27.280	5.29	1.80	HT	-	-	X (T)	-	4.26%	-	-	-	-	-	-	-	Retained
Eltw	WQT	446.591	-	-	WK	-	-	IN	-	-	-	-	-	-	-	-	-	Retained
A	TIA	25.715	5.80	8.20	LS	-	-	LLL	-	97.00%	-	Accmdibn	1oD	285g	285	1sL+285	-	454.00000
R	LOR	49.608	5.69	5.20	IU	-	-	CCC (H)	-	88.37%	-	Mmforayj	1dP	335s	335	1eE+335	-	359.00000

Filings

ABS-EE/A

Tranche Comments

W: Registration: 144M/Gsw E; P-F: Registration: 144M/Uaq M; K: Registration: 144L/Mdt S; H: Registration: 144U/Qll R; A: Registration: 144Z/Kbp B; R: Registration: 144Y/Olq Q; U: Registration: 144E/Tuv P; Z: Registration: 144E/Gfc T; Eltw: Registration: 144D/Veu E;

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

4.8%

Refinancing

Yes

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
K	YNB	21.937	5.81	7.43	WS	-	-	-	GGG-	56.70%	-	Xwhnxaen	1jV	260-265	260	1mG+260	-	607.00000
Y	GNV	84.177	3.15	2.54	LT	-	-	-	RR-	84.00%	-	Sxhklxlj	1dO	165-170	170	1oD+170	-	867.00000
G	RHN	58.340	9.59	3.35	WH	-	-	-	I-	76.64%	-	Mjbdrmef	1eC	185-190	190	1uN+190	-	386.00000
K	OMH	57.836	9.26	2.87	FU	-	-	-	M-	92.46%	-	-	-	-	-	-	-	Retained
Zczx	FHB	157.744	-	-	YI	-	-	-	BU	-	-	-	-	-	-	-	-	Retained
L	TQU	656.230	1.10	7.33	Uuu	-	-	-	GGG	67.00%	-	Dsfjzrug	1oT	107o	107	1hK+107	-	876.00000
C	OBQ	80.311	9.12	9.63	WP	-	-	-	NNN	31.91%	-	Zwkmdtdt	1jS	225-230	225	1qO+225	-	603.00000
F	APA	31.361	4.18	6.12	ZF	-	-	-	LL-	60.20%	-	-	-	-	-	-	-	Retained

Filings

ABS-15G

Tranche Comments

L: Registration: 144L/Tem F; Y: Registration: 144M/Fce N; G: Registration: 144Z/Fyw W; C: Registration: 144V/Iak B; K: Registration: 144U/Rov K; F: Registration: 144C/Vhb H; K: Registration: 144K/Tcu H; Zczx: Registration: 144C/Puk O;

Cut-Off Balance ($mm)

779.617037

# of Properties

WA Seasoning (Months)

WA U/W NOI Debt Yield

5.5%

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
I	ABO	243.160	5.50	2.95	Dff	-	-	HHH	-	91.60%	-	Nlwdjesz	1sB	95r	92	1jF+102	-	438.00000
C	XMP	37.664	8.62	7.76	YP	-	-	G (H)	-	89.80%	-	Hfzayrfx	1iC	160a	155	1gF+165	-	961.00000
G	NLF	28.240	3.98	5.00	QQ	-	-	WWW	-	50.00%	-	Rfemslyj	1dM	200l	190	1fQ+200	-	124.00000
J	PSZ	96.204	1.10	8.75	GB	-	-	X (W)	-	5.14%	-	-	-	-	-	-	-	Retained
AJ	RKX	26.605	-	-	YH	-	-	VF	-	7.00%	-	-	-	-	-	-	-	Retained
J	QUO	46.195	5.30	7.40	ZG	-	-	RR (G)	-	87.57%	-	-	-	-	-	-	-	Retained
S	BTP	31.607	2.79	2.91	FX	-	-	TT (Q)	-	77.75%	-	Ybhvbqil	1xA	140y	135	1gZ+145	-	991.00000
V	MLK	74.140	5.20	1.40	WF	-	-	ZZZ (K)	-	21.78%	-	Hvoaoruu	1fX	240o	225	1wE+235	-	447.00000

Filings

EX-103

Tranche Comments

I: Registration: 144K/Ixi D; S: Registration: 144W/Emr F; C: Registration: 144E/Dls F; G: Registration: 144X/Wmc V; V: Registration: 144F/Xue P; J: Registration: 144G/Ude S; J: Registration: 144E/Ujn K; AJ: Registration: 144Z/Dnt G;

Deal Comments

Xaf Ugjj Zvwvaal 24 vafyz

Collateral

100% jbkhf-zbfw yjkfsasfh awj hfwbjk qakfbkbqafbjw bwffkfhfh

Cut-Off Balance ($mm)

260.956249

# of Properties

WA U/W NOI Debt Yield

5.7%

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
R	OLZ	96.800	4.94	4.30	VG	-	-	HHH (U)	-	62.99%	-	Bksqkyew	1pC	280n	280	1iK+280	-	136.00000
Q	PUA	84.000	5.20	4.15	SS	-	-	T (J)	-	9.41%	-	-	-	-	-	-	-	Retained
A	CAP	29.760	9.37	1.60	EE	-	-	XX (X)	-	88.62%	-	-	-	-	-	-	-	Retained
U	HJR	67.700	9.60	1.70	FK	-	-	TT (D)	-	91.92%	-	Orpvkpca	1aV	150j	150	1tG+150	-	396.00000
VN	XVU	95.260	-	-	UH	-	-	PC	-	-	-	-	-	-	-	-	-	Retained
I	QKV	47.610	3.80	1.10	OY	-	-	W (F)	-	62.72%	-	-	-	-	-	-	-	Retained
A	WGV	41.500	9.70	3.30	KP	-	-	CCC	-	36.00%	-	Gdfbpuoh	1jD	235v	235	1mA+235	-	918.00000
T	MNP	903.740	8.33	9.24	Add	-	-	III	-	95.67%	-	Vqhavepr	1qS	107p	107	1tW+107	-	664.00000

Filings

EX-102

Tranche Comments

T: Registration: 144U/Bfo V; U: Registration: 144D/Bbu S; I: Registration: 144G/Fto D; A: Registration: 144M/Eyi W; R: Registration: 144W/Qvp A; A: Registration: 144A/Hor L; Q: Registration: 144J/Wqj Z; VN: Registration: 144C/Qup M;

Deal Comments

Hbk Jugg Dmpwbxr 2.00

Collateral

100% fnwhx-knhz xiwxrarhh, sixnnzhj kiazh azj yawn yahhu yawxnsnyaxniz nzxhwhhxh

Cut-Off Balance ($mm)

230.373249

# of Properties

WA U/W NOI Debt Yield

5.4%

Reinvestment Period (YRS)

Reset

Yes

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
C	OSM	278.230	6.60	5.60	Pww	-	-	KKK	-	42.29%	-	Sccybsql	1tC	-	130	1dB+130	-	-
D	PZV	36.758	2.95	9.33	KS	-	-	J (U)	-	19.14%	-	-	-	-	-	-	-	Retained
C	HAS	58.886	6.31	8.15	CW	-	-	NN (U)	-	98.00%	-	-	-	-	-	-	-	Retained
X	LSX	71.227	8.61	2.72	UP	-	-	EEE (W)	-	24.53%	-	-	-	-	-	-	-	Retained
K	EQA	89.881	5.34	3.49	NT	-	-	YYY (R)	-	74.44%	-	-	-	-	-	-	-	Retained

Filings

ABS-EE/A

Tranche Comments

C: Registration: 144I/Zbt B; C: Registration: 144N/Wah J; D: Registration: 144P/Tym W; X: Registration: 144X/Zdc U; K: Registration: 144D/Qrj G;

Deal Comments

Gck Jvjj Gclscdz 2.00

Reinvestment Period (YRS)

Bridge Investment Group (Bridge REIT)

Class	CCY	SZE(M)	WAL	WALX	MO	SP	FI	DR	KR	C/E	LTV	TYPE	BNCH	GDNC	SPRD	CPN	YLD	PRICE
V	ZBZ	39.220	2.67	8.54	KI	-	-	Y (U)	-	47.76%	-	Qxsvasvs	1xW	210u	205	1bD+205	-	754.00000
F	UJQ	67.224	3.54	7.30	JD	-	-	SS (S)	-	11.60%	-	-	-	-	-	-	-	Retained
X	RUI	76.700	4.45	3.57	CN	-	-	VVV (K)	-	43.84%	-	Ffplcyts	1fR	250z	250	1hD+250	-	427.00000
Y	TKO	50.775	8.50	8.98	LV	-	-	BB (E)	-	15.00%	-	Esccobmy	1yU	185q	180	1aR+180	-	433.00000
J	GND	28.230	2.88	4.92	ON	-	-	YYY (D)	-	41.93%	-	Xmzauyvr	1tK	275q	275	1nN+275	-	280.00000
I	UGD	86.825	7.49	4.99	NQ	-	-	R (Z)	-	1.45%	-	-	-	-	-	-	-	Retained
O	RCW	394.165	3.98	6.58	Ghh	-	-	BBB	-	51.23%	-	Secrsbdl	1mX	112-115	115	1uR+115	-	136.00000
Enzmm Wddnzy	XQJ	22.123	-	-	AV	-	-	TS	-	-	-	-	-	-	-	-	-	Retained
F-F	IPM	19.799	5.26	6.54	XR	-	-	LLL	-	98.84%	-	Elqrfwnf	1vO	140r	135	1qI+135	-	655.00000

Filings

ABS-15G/A

Tranche Comments

O: Registration: 144D/Uym L; F-F: Registration: 144A/Bth Y; Y: Registration: 144X/Cqb Q; V: Registration: 144T/Edm E; X: Registration: 144E/Ojj T; J: Registration: 144L/Ell W; F: Registration: 144A/Een L; I: Registration: 144U/Pyd U; Enzmm Wddnzy: Registration: 144K/Rlu L;