secwatch.observer — SEC 8-K summary
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Issuer:     BMO 2026-C14 Mortgage Trust (—)
CIK:        0002061932
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001539497-26-000945
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U-Haul Portfolio loan servicing transferred to Benchmark 2026-B42 securitization
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- On March 12, 2026, the Controlling Pari Passu Companion Loan for the U-Haul Portfolio Whole Loan contributed to Benchmark 2026-B42 securitization.
- Servicing and administration of the whole loan will transfer from BBCMS 2025-C39 PSA to the new Benchmark 2026-B42 Pooling and Servicing Agreement.
- Special servicing fee under new agreement: 0.25% per annum, min. $3,500 monthly; workout fee: 1%, min. $25k, max $1M; liquidation fee: 1%, min. $25k, max $1M.
- Inspection frequency: properties with allocated loan ≥$2M inspected every 12 months; <$2M every 24 months, starting 2027.
- Except for described fee and inspection differences, servicing terms are similar to those in the original Pooling and Servicing Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2061932/000153949726000945/0001539497-26-000945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2061932/000153949726000945/n5574_x16-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-000945

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