Images
image: 0 / 1
Foreclosure Notice*
fl
2026 MAY 12 PM 2: 10
NOTICE OF SUBSTITUTE TRUSTEE' S SALE STACEY KEMP
COUNTY CLERK
BBCMS 2024- C26/ The Riley)
COL UNTY. TEXAS
BY: QEPUTY
May 12, 2026( the" Effective Date")
Notice ishereby given that a Foreclosure' ofthe Property( defined below) willbe heldat the date, time and
place specified in this notice.
DATE OF SALE: Tuesday, June 2, 2026( the first[ 1St] Tuesday ofthat month).
TIME OF SALE: The earliest time atwhich theForeclosure will occuris 1:00PM(Collin County,Texas
The Foreclosure shall begin at that time ornot laterthan three( 3) hours thereafter.
time).
PLACE OF SALE: The Foreclosure will take place at the location designated by the Commissioner' s
Court ofCollin County, Texas as the location where nonjudicial foreclosure sales are to take place. Ifno
such location has been designated, the Foreclosure will take place at the location where nonjudicial
foreclosure sales in Collin County, Texas are typically conducted.
INDEBTEDNESS PROMPTING SALE: The Loan.'
DEED OF TRUST CREATING LIEN THAT IS THE SUBJECT OF SALE: The Deed ofTrust.3
PROPERTY BEING SOLD: The Property'', which has a street address of 3551 Wilshire Way,
Richardson, Texas 75082, in Collin County,Texas.
Foreclosure" means apublic nonjudicial foreclosure sale, at auction.
2 " Loan" meansthedebtevidencedbytheNote(definedbelow).
Note" means,collectively,(i) thatcertainPromissoryNote(A-1), datedApril30,2024,executedbyBorrower(definedbelow),
payable to the orderofOriginal Noteholder( defined below), as payee, in theoriginal principal amountof$33,750,000.00; and
ii)that certain Promissory Note( A-2), dated April 30, 2024, executed by Borrower( defined below), payable to the order of
Original Noteholder, aspayee, inthe original principal amount of$20,000,000.00.
Borrower" means Riley Cityline Property Owner LLC, aTexas limited liability company.
Oriuinal Noteholder" means Argentic Real Estate Finance 2LLC, aDelaware limited liability company.
3 " Deed ofTrust" means thatcertain Leasehold Deed ofTrust, Assignment ofLeases and Rents, Security Agreement andFixture
Filing, dated effective April 30, 2024, executed and delivered by Borrower, as grantor, to Nicholas M. Pyka, as trustee for the
benefit ofOriginal Noteholder, asbeneficiary, recorded as Instrument No.2024000052489 intheReal Property Records inCollin
County, Texas, covering, among other things, the Property.
4 " Property" means that certain real property, personal property, and general intangibles described inthe Deed ofTrust, the real
propertyofwhich islocatedatthestreet address 3551 Wilshire Way,Richardson,Texas 75082, inCollinCounty, Texas, andmore
particularly described on Exhibit" A", attached hereto and incorporated herein by reference, as well as the Borrower' s leasehold
interest created by that certain Ground Lease between Garland Housing Finance Corporation, a Texas public nonprofit housing
finance corporation, as landlord orlessor, and Borrower, as lessee, asmore particularly described on Exhibit" B", attached hereto
and incorporated herein by reference.
1 Securitization: BBCMS 2024-C26
RialtoLoanNo.: 301741677
Borrower: Riley Cityline Property Owner LLC
Property: 3551 Wilshire Way, Richardson, Texas 75082( The Riley)
NOTICE OFSUBSTITUTE TRUSTEE' SSALEASSIGNMENTS/ TRANSFERS: NOTEHOLDER: Pursuant to certain endorsements, assignments,
and/or transfers of the Loan Documents,' Noteholder6 is the current owner of the Loan Documents.
However, consistent with the laws ofthe State ofTexas and the terms and provisions contained within the
Loan Documents, Noteholder reserves the right to endorse, assign and/or transfer the Loan Documents to
a third-party at any time after this Notice ofSubstitute Trustee' s Sale has been posted in Collin County,
Texas ( including just prior to the nonjudicial foreclosure sale). You may contact Pawel Ligas with
Noteholder ( at the telephone number provided below) to determine whether Noteholder has endorsed,
assigned and/or transferred the Loan Documents to a third-party and, ifthey have, to obtain the name,
address, and other contact information ofthe successor noteholder.
TEXAS PROPERTY CODE & 51.0025 NOTICE: Noteholder is currently acting by and through the
Special Servicer,andmaybecontactedatc/othe SpecialServicer,200 SBiscayneBlvd.Suite3550,Miami,
Florida 33131, Attention: Pawel Ligas,( 305) 909-8718( telephone).
ACTIVE MILITARY DUTY NOTICE: To assert and protect your rights as a member of the armed
forces ofthe United States, ifyou are or your spouse is serving on active military duty, including active
military duty as a member of the Texas National Guard or the National Guard of another state or as a
member ofa reserve component ofthe armed forces ofthe United States, please send written notice ofthe
active duty military service to the sender ofthis notice immediately.
SUBSTITUTE TRUSTEES: Pursuant to the Appointment, the Substitute Trustees' were each appointed
asubstitute trustee underthe Deed ofTrust. Anyone( 1) ofthe Substitute Trustees( including the Substitute
Trusteethat signedthisNotice ofSubstitute Trustee's Sale) may conductthenonjudicial foreclosure sale.
5 " Loan Documents" means, collectively, theLoan Agreement( defined below), the Note, the Deed ofTrust, and any and all
otherdocuments executedinconnectiontherewith and/orrelatinginanywaythereto.
Loan Agreement" means that certain Loan Agreement, dated April 30, 2024, entered into by and between Borrower and
Original Noteholder.
6 " Noteholder" means RSS BBCMS2024- C26- TX RCPO, LLC, aTexas limited liability company, acting by and through the
Special Servicer( defined below).
Special Servicer" means Rialto Capital Advisors, LLC, a Delaware limited liability company, not individually but solely in
itsauthorizedcapacity asspecialservicerpursuanttothatcertainPoolingandServicingAgreement,datedMay 1, 2024.
7 " Appointment" means that certain Appointment ofSubstitute Trustees and Request to Act, dated May 8, 2026 related to the
Loan,recorded inthe RealProperty Recordsin Collin County,Texas.
B" Substitute Trustees" means each ofthe following:
Eugene F. Segrest of Dallas County, Texas, Holland& Knight LLP, 1722 Routh Street Suite 1500, Dallas, Texas 75201, ( 214)
964-9465( telephone), Gene.Segrest@hklaw.com( email).
Jennifer M. Duplissey ofDallas County, Texas, Holland& Knight LLP, 1722 Routh Street Suite 1500, Dallas, Texas 75201,( 214)
964-9497( telephone), Jennifer.Duplissey@hklaw. com( email).
Michelle Allen ofDallas County, Texas, Holland& Knight LLP, 1722 Routh Street Suite 1500, Dallas, Texas 75201,( 214) 964-
9491 (telephone), Michelle.Allen@hklaw.com( email).
Brandon Len King ofTravis County, Texas, Holland& Knight LLP, 98 San Jacinto Blvd., Suite 1900, Austin, Texas 78701,( 512)
469-6126( telephone), Brandon. King@hklaw. com( email).
Chip Pierce of Dallas County, Texas, 1722 Routh Street Suite 1500, Dallas, Texas 75201, ( 214) 969-9491 ( telephone),
Chip.Pierce@hklaw.com( email).
2 Securitization: BBCMS 2024- C26
Rialto LoanNo.: 301741677
Borrower: Riley Cityline Property Owner LLC
Property: 3551 Wilshire Way, Richardson, Texas 75082( TheRiley)
NOTICE OFSUBSTITUTE TRUSTEE' SSALEThe Loan is in default. As required by the terms and provisions contained within the applicable
Loan Documents, all required notices have been provided and all applicable cure periods have expired.
Accordingly, thematurity date oftheNote hasbeen accelerated and,therefore, all ofthe( i)unpaidprincipal
ii)accrued interest due under the Note, and (iii)other amounts provided for in the
due under the Note, (
Loan Documents are now due and payable in full. Noteholder has requested that any one ( 1) of the
Substitute Trustees, each ofwhom is a substitute trustee under the Deed ofTrust, sell the Property for cash,
the proceeds ofsuch nonjudicial foreclosure sale to be applied in accordance with the terms and provisions
ofthe Loan Documents andapplicable law.
Noteholder has further requested that any one( 1) of the Substitute Trustees sell all of the
components ofthe Property that are personal property( including general intangibles) and/or fixtures at the
same time and place as the Foreclosure ofthe real property. Accordingly, pursuant to and in accordance
with the terms ofSection 9.604 ofthe Texas Business and Commerce Code, the Foreclosure ofthe personal
property, general intangibles, and fixtures will be held at thesame time andplace astheForeclosure ofthe
real property.
Therefore, at the date, time, and place set forth above, one ( 1) ofthe Substitute Trustees will sell
the Property tothehighest bidder for cash pursuant tothe terms oftheLoan Documents and applicable law.
signature pagefollows]
3 Securitization: BBCMS 2024- C26
Rialto Loan No.: 301741677
Borrower: Riley Cityline Property Owner LLC
Property: 3551 WilshireWay,Richardson,Texas75082(TheRiley)
NOTICE OFSUBSTITUTE TRUSTEE' SSALEIN WITNESS WHEREOF, this Notice of Substitute Trustee's Sale has been executed to be
enforceable on the Effective Date.
By:
Na Chip Pierce
Title: Substitute Trustee
STATE OF TEXAS
COUNTY OF DALLAS
This instrument was acknowledged before me on May 2026, by Chip Pierce, as substitute
trustee, in the capacity herein stated.
SEAL]
trs oo, CHERYL MCELROY
Notary ID t17752425 Notary Pub c State ofTexas
My Commission Expires
0 44
July 10, 2029
Securitization: BBCMS 2024-C26
Rialto LoanNo.: 301741677
Borrower: Riley Cityline Property Owner LLC
Property: 3551 Wilshire Way, Richardson, Texas 75082( The Riley)
NOTICE OF SUBSTITUTE TRUSTEE' SSALEEXHIBIT" A"
to
Notice ofSubstitute Trustee' s Sale
Real Property
All ofthe Retail Unit and the Residential Apartment Unit ofThe Riley Condominium, a Condominium
accordingly to the Master Condominium Declaration for The Riley Condominium dated as of April 30,
2024 and recorded April 30, 2024 under Clerk's File Number 2024000052102 in the Official Public
Records of Collin County, Texas ( the " Declaration") and pursuant to the Texas Uniform Condominium
Act.
Together with the Allocated Interests in and to the Common Elements as defined in the Declaration.
Also, together with those easement rights arising under the Declaration.
Further,togetherwiththoseeasementrights arisingunderthat certainDeclaration ofCovenants, Conditions
and Restrictions by Riley Cityline Property Owner LLC dated April 30, 2024 andrecorded simultaneously
herewith under Clerk's File Number 2024000052101 in the Official Public Records of Collin County,
Texas.
Further, together with those easement rights arising under that certain Master Declaration ofCovenants,
Conditions and Restrictions dated December 7, 1999, filed December 13, 1999, recorded in Volume 4561,
Page 1879, Deed Records, Collin County, Texas; as affected by Assignment dated February 18, 2009, filed
August 28, 2009, recorded under Clerk' s File No. 20090828001082160, Official Public Records, Collin
County, Texas; as affected by Assignment dated August 27, 2009, filed August 28, 2009, recorded under
Clerk'sFile No. 20090828001082170, Official Public Records, Collin County, Texas; as affectedby First
Amendment datedJuly20,2011, filedJuly21, 2011, recordedunder Clerk's FileNo.20110721000759230,
Official Public Records, Collin County, Texas; as affected byAssignment dated December 17, 2012, filed
December 18, 2012, recorded under Clerk' s File No. 20121218001611960, Official Public Records, Collin
County, Texas; asaffected byAmendment toMaster Declaration ofCovenants, Conditions andRestrictions
datedDecember 12, 2014, filedDecember 17, 2014,recordedunder Clerk'sFileNo.20141217001369520,
Official Public Records, Collin County, Texas; as affected by Supplement to Master Declaration of
Covenants,Conditions andRestrictionsdatedJune 3, 2016, filedJune 3, 2016, recordedunderClerk's File
No. 20160603000696160, Official Public Records, Collin County, Texas, as affected by Amendment to
Master Declaration ofCovenants, Conditions and Restrictions dated December 12, 2014, filed December
17, 2014, recorded under Clerk' s File No. 20141217001369520, Official Public Records, Collin County,
Texas.
EXHIBIT" A" Securitization: BBCMS 2024-C26
Rialto Loan No.: 301741677
Borrower: RileyCityline PropertyOwnerLLC
Property: 3551 Wilshire Way, Richardson, Texas 75082( The Riley)
APPOINTMENT OF SUBSTITUTE TRUSTEES ANDREQUEST TOACTEXHIBIT "B"
to
Notice ofSubstitute Trustee' s Sale
Pledged Lease
That certain Ground Lease between Garland Housing Finance Corporation, a Texas public nonprofit
housing finance corporation, as landlord or lessor, and Riley Cityline Property Owner LLC, as lessee,
evidenced by that certain Memorandum of Ground Lease between the foregoing parties dated April 30,
2024, filed May 2, 2024, recorded under Clerk' s File No. 2024000052486, Official Public Records, Collin
County, Texas.
EXHIBIT` B" Securitization: BBCMS 2024-C26
Rialto Loan No.: 301741677
Borrower: RileyCityline Property Owner LLC
Property: 3551 WilshireWayRichardson,Texas75082(TheRiley)
NOTICE OFSUBSTITUTE TRUSTEE' SSALE