Servicing of 50 West 23rd Street loan shifted to WFCM 2026-C66 PSA

Benchmark 2026-B42 Mortgage Trust

The controlling 50 West 23rd Street Pari Passu Companion Loan was securitized on April 21, 2026, triggering a servicing shift.
The 50 West 23rd Street Mortgage Loan will now be serviced under the WFCM 2026-C66 Pooling and Servicing Agreement.
Primary servicing fee under new PSA: 0.00125% per annum; special servicing fee: 0.25% per annum (min $3,500/month).
Workout fee is 1.0% (min $25,000); liquidation fee is 1.0% (min $25,000) payable upon workout or liquidation.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Benchmark 2026-B42 Mortgage Trust entered into Pooling and Servicing Agreement with Midland Loan Services, a Division of PNC Bank, National Association, as a master servicer, National Cooperative Bank, N.A., as a master servicer, K-Star Asset Management, LLC, as a special servicer, National Cooperative Bank, N.A., as a special servicer, Computershare Trust Company, National Associa (effective 2026-03-01).

Action: entry
Counterparty: Midland Loan Services, a Division of PNC Bank, National Association, as a master servicer, National Cooperative Bank, N.A., as a master servicer, K-Star Asset Management, LLC, as a special servicer, National Cooperative Bank, N.A., as a special servicer, Computershare Trust Company, National Associa
Effective: 2026-03-01

Exact text from the filing

On March 12, 2026, Deutsche Mortgage & Asset Receiving Corporation (the “Registrant”) caused the issuance of the Benchmark 2026-B42 Mortgage Trust (“Issuing Entity”) Commercial Mortgage Pass-Through Certificates, Series 2026-B42 (the “Certificates”), pursuant to the Pooling and Servicing Agreement, dated as of March 1, 2026

View on SEC.gov

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Source: SEC EDGAR

accession 0001539497-26-001194

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