Marriott World Headquarters note A-1 securitized; servicing moved to BBCMS 2025-C35 PSA

BANK 2025-BNK49

Securitization of Marriott World Headquarters pari passu note A-1 completed on July 24, 2025.
Servicing now under BBCMS 2025-C35 PSA with Midland as master, CWCapital as special servicer.
Primary servicing fee 0.00250% per annum; special servicing fee 0.25% with $5,000 monthly minimum.
Workout fee 0.50% (min $25,000); liquidation fee 0.50% (cap $1M, floor $25,000).
Loan remains part of BANK 2025-BNK49 trust; companion loans not included.

item 1.01item 9.01

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