secwatch.observer — SEC 8-K summary
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Issuer:     Benchmark 2026-B42 Mortgage Trust (—)
CIK:        0002110410
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001539497-26-001194
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2110410/000153949726001194/0001539497-26-001194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2110410/000153949726001194/n5676_x20-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-001194

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