secwatch.observer — SEC 8-K summary
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Issuer:     BANK 2018-BNK11 (—)
CIK:        0001731627
Form:       8-K
Filed at:   2026-01-08T23:59:59+00:00
Accession:  0001539497-26-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

Torchlight appointed special servicer for Twelve Oaks Mall loan effective Jan 8, 2026
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- Torchlight Loan Services replaces Rialto Capital Advisors as special servicer for Twelve Oaks Mall Non-Serviced Loan Combination under GSMS 2018-GS9 PSA.
- Appointed at direction of Teachers Insurance and Annuity Association of America, the directing holder.
- Torchlight has resolved over $11.8B of U.S. commercial and multifamily loans in past 26 years.
- As of Sep 30, 2025, Torchlight specially serviced 58 loans with aggregate UPB of approximately $3.3B.
- No material non-compliance, legal proceedings, or defaults attributed to Torchlight in prior securitizations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731627/000153949726000019/0001539497-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731627/000153949726000019/n1209_x24-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-000019

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