During the fourth quarter of 2023 and early 2024, we received 20-plus special notices. Within this report, we focus on a subset of these notices, specifically on the ones that have a significant impact on the transactions. Of these notices, 25.7% relate to loan redemptions, while 23% involve proposed amendments such as loan extensions, new interest rate cap agreements, and extensions of the liquidity commitment. In addition, 9.5% pertain to property valuation or property sales. Over the last two years, 18.9% of reports received were for loan extensions, and 20.3% were for property sales.