other_material
confidence high
sentiment neutral
materiality 0.20
Shaw Park Plaza mortgage loan servicing transferred to BBCMS 2025-5C37 PSA
Wells Fargo Commercial Mortgage Trust 2025-5C5
- On September 25, 2025, Note A-1 in the Shaw Park Plaza whole loan was securitized under BBCMS Mortgage Trust 2025-5C37.
- Servicing of the Shaw Park Plaza mortgage loan now follows the BBCMS 2025-5C37 PSA, effective September 1, 2025.
- Primary servicing fee under the new PSA: 0.00125% per annum; special servicing fee: 0.25% with $5,000 monthly minimum.
- Workout fee rate is 1.00% with a $25,000 minimum; liquidation fee rate 1.00% (up to 3.00% if below $25,000).
- Non-Serviced Operating Advisor powers and duties under BBCMS PSA differ from those in the original Pooling and Servicing Agreement.
item 1.01item 9.01