Commercial mortgage loans about to go late

I'm invested in a series of commercial mortgage loans (multiple tranches of the same loan) which are about to go late. I flagged to FC that they were going to need refinancing with just under three months to go. FC expressed surprise and asked why I thought they needed refinancing which I politely explained. FC are refinancing these loans internally but are late in doing so despite my prompting. So, safe to assume that interest would increase by 2% in line with the FC property loan property right? One email from FC tells me that it will, there next email tells me it won't. So, when is a property loan not a property loan?

Yet another example of poor administration from FC - I can't wait to get out, but sadly my participation in the London hotel loans means that this is likely to take some time.