Public auction for sale of membership interests in a limited liability company.

 Legal Notice # 21925788 UCC Public Sale Notice Please take notice that Newmark Group, Inc., on behalf of MSD RCOF PARTNERS XXVII, LLC, a Delaware limited liability company, and MSD PCOF PARTNERS LII, LLC, a Delaware limited liability company (together with their successor and assigns, "Secured Party") offers for sale at public auction on March 30, 2026 at 3:30 p.m. (prevailing Eastern Time) at the offices of Gibson, Dunn & Crutcher LLP, located at 200 Park Avenue, New York, New York 10166, and also being broadcast for remote participation via a virtual videoconference, in connection with a Uniform Commercial Code sale, 100% of the limited liability company membership interests (the "Interests") in 44-02 VENTURES, LLC, a Delaware limited liability company("Mortgage Borrower"), which is the direct owner of the real property located at 44-02 Vernon Boulevard, Queens, New York (the "Premises"). The Interests are owned by MUB36, LLC, a Delaware limited liability company ("Pledgor"). Secured Party, as lender, made a loan in the maximum principal amount of up to $165,000,000.00 (the "Loan") to Mortgage Borrower. In connection with the Loan, Pledgor has granted to Secured Party a first priority lien on the Interests and all other collateral (collectively, the "Collateral") pledged under that certain Sole Member Pledge and Security Agreement, dated as of May 3, 2022 (as amended, supplemented or otherwise modified from time to time, the "Security Agreement"), made by Pledgor in favor of Secured Party. Secured Party is offering the Collateral for sale in connection with the foreclosure on the pledge of such Collateral. The Loan is also secured by mortgage on the Premises. Secured Party may, prior to the sale described herein, assign all of its right, title and interest in and to the Loan. In the case of such assignment, the assignee shall be considered the "Secured Party" for all purposes hereunder. The sale of the Collateral will be subject to all applicable third-party consents and regulatory and other governmental approvals, if any, as well as the terms of sale prepared by Secured Party. Without limitation to the foregoing, please take notice that there are specific requirements for any prospective bidder in connection with bidding on the Collateral. The Collateral is 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 Secured Party or any person acting for or on behalf of Secured Party, without any recourse whatsoever to Secured Party, Secured Party's affiliates, direct and indirect holders of equity in Secured Party, directors, officers, agents, or employees of Secured Party or its affiliates or equity holders, or any other person acting for or on behalf of Secured Party of Secured Party or its affiliates or equity holders. Each bidder must make its own inquiry regarding the Collateral. 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 Collateral. Secured Party reserves the right to (i) credit bid, (ii) reject any bid if Secured Party determines, in its sole and absolute discretion, that such bid was made by a participant that is not a Qualified Bidder (as defined in the Terms of Sale), (iii) accept a lower bid if the bid is on terms that Secured Party determines is more favorable to Secured Party or is from a bidder that, in Secured Party's determination, offers a more certain likelihood of execution, (iv) terminate or adjourn the sale to another date and time, and (v) impose any other commercially reasonable conditions upon the sale of the Collateral as Secured Party may deem proper. Each prospective bidder (other than Secured Party or its affiliates) will further be required to represent in writing to Secured Party, among other things, that such bidder (a) is acquiring the Collateral for investment purposes, solely for the purchaser's own account and not with a view to distribution or resale of the Collateral; (b) is an accredited investor within the meaning of the applicable securities laws; (c) has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of investment and has sufficient financial means to afford the risk of investment in the Collateral; (d) will not resell or otherwise hypothecate the Collateral without a valid registration under applicable federal or state laws, including, without limitation, the Securities Act of 1933, as amended (the "Securities Act"), or an available exemption therefrom; provided that Secured Party reserves the right to verify that each certificate for the limited liability company interests to be sold bears a legend substantially to the effect that such interests have not been registered under the Securities Act and to impose such other limitations or conditions in connection with the sale of the Collateral as Secured Party deems necessary or advisable in order to comply with the Securities Act or any other applicable law; (e) is not an Embargoed Person (as defined in the Terms of Sale); (f) is not capitalized with a Crowd Funding Structure (as defined in the Terms of Sale); and (g) will purchase the Collateral in compliance with all applicable federal and state laws. Meeting any requirements of the foregoing shall be at the sole responsibility, risk, cost, and expense of a prospective bidder. All bids (other than credit bids of Secured Party) must be for cash with no financing or other conditions, and the successful bidder must be prepared to deliver immediately available good funds as required by the Terms of Sale and otherwise comply with the bidding requirements and the Terms of Sale. Pursuant to the Terms of Sale, each prospective bidder must, among other things, make an initial deposit of $2,000,000.00 prior to the bid deadline of 5:00 p.m. prevailing Eastern Time on March 26, 2026 in order to become a qualified bidder and bid at the auction. Additionally, the selected bidder must (i) deposit with a title company or other agent designated by Secured Party 10% of the selected bidder's final bid within twenty-four (24) hours of completion of the auction, (ii) pay the full amount of its bid as the purchase price for the Collateral, after deduction of the selected bidder's deposits, by wire transfer of immediately available federal funds, no later than 2:00 p.m. prevailing Eastern Time on April 15, 2026, as set forth in, and subject to the terms of, the Terms of Sale, and (iii) otherwise comply with the bidding requirements and the Terms of Sale. Further information concerning the Collateral, the requirements for obtaining information and bidding on the Collateral and the Terms of Sale can be obtained by contacting Brock Cannon, Executive Managing Director, Newmark Group, Inc., by telephone at (212) 372-2066 or by email at Brock.Cannon@nmrk.com.