MF1 2022-FL9 LLC: Surveillance Performance Update

DBRS, Inc. (DBRS Morningstar) confirmed its credit ratings on all classes of notes issued by MF1 2022- FL9, Ltd. All trends are Stable. The credit rating confirmations reflect the overall stable performance of the transaction, which has remained in line with DBRS Morningstar’s expectations since issuance. The underlying pool has not materially changed since issuance, with 44 of the original 45 loans (representing 96.6% of the pool) remaining as of the September 2023 remittance, and in general, those loans continue to perform as expected with business plans progressing.