other material
confidence high
sentiment neutral
materiality 0.15
Wells Fargo CMBS trust 2026-5C9 issues certs; ONX Industrial loan servicing transferred to BBCMS deal
Wells Fargo Commercial Mortgage Trust 2026-5C9
- Trust issued commercial mortgage pass-through certificates on May 28, 2026 under original PSA.
- As of June 24, 2026, ONX Industrial Campus Whole Loan (incl. trust's mortgage loan) now serviced under BBCMS 2026-5C42 PSA.
- New servicing terms substantially similar to original but with differences per prospectus.
- ONX loan is part of a whole loan with six additional companion notes not held by trust.
- Exhibit 4.1 (BBCMS PSA) attached; prior servicing was under a Citigroup PSA.