CMTG DB Finance LLC c/o Mack Real Estate Credit Strategies

Exhibit 10.45

CMTG DB Finance LLC

c/o Mack Real Estate Credit Strategies

00 Xxxxxxxx Xxxxxx, 00xx Xxxxx

Xxx Xxxx, Xxx Xxxx 00000

May 0, 0000

Xxxxxxxx Xxxx XX, Xxxxxx Xxxxxxx Branch

00 Xxxx Xxxxxx

Xxx Xxxx, Xxx Xxxx 00000

Attention: Xxx Xxxx

RE: Master Repurchase Agreement, dated as of June 26, 2019 (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Master Repurchase Agreement”) by and between Deutsche Bank AG, Cayman Islands Branch as Buyer (“Buyer”) and CMTG DB Finance LLC as Master Seller (“Master Seller”) and Letter Agreement, dated as of June 26, 2019 (as amended, restated, supplemented or otherwise modified and in effect from time to time, the “Letter Agreement”) by and between Buyer and Master Seller

Ladies and Gentlemen:

Reference is hereby made to the Master Repurchase Agreement and the Letter Agreement. Capitalized terms used herein that are not otherwise defined herein shall have the meanings set forth in the Master Repurchase Agreement, or if not defined therein, then such terms shall have the meanings set forth in the Letter Agreement.

Pursuant to Section 3(a)(i) of the Letter Agreement, Master Seller hereby gives Buyer notice of its exercise of an Extension Option to extend the current Facility Termination Date of the Original Repurchase Date to the First Extended Repurchase Date.

Very truly yours,
CMTG DB Finance LLC
By:		/s/ J. Xxxxxxx XxXxxxxx
		Name: J. Xxxxxxx XxXxxxxx
		Title: Authorized Signatory

CC:		Cadwalader, Xxxxxxxxxx & Xxxx LLP
		One World Financial Center
		000 Xxxxxxx Xxxxxx
		Xxx Xxxx, Xxx Xxxx 00000
		Attention: Y. Xxxxxxx Xxxxxxx, Esq.