secwatch.observer — SEC 8-K summary
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Issuer:     Morgan Stanley Capital I Trust 2016-BNK2 (—)
CIK:        0001687374
Form:       8-K
Filed at:   2026-09-01T21:16:01+00:00
Accession:  0001539497-26-002428
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

C-IV AM replaces Greystone as special servicer for MSC 2016-BNK2 and WFCM 2016-C36
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- Effective Sept 1, 2026, C-IV Asset Management LLC assumes special servicing for MSC 2016-BNK2 and Conrad Indianapolis loan under WFCM 2016-C36.
- Greystone sold its special servicing division to C-IV AM; key employees transferred to C-IV AM or affiliate.
- C-IV AM rated MOR CS2 (Morningstar DBRS) and CSS2 (Fitch); on S&P Select Servicer list.
- As of 6/30/26, Greystone's portfolio: ~60 transactions, $20.7B principal; ~108 assets ($2.1B) in active special servicing.
- C-IV AM has resolved 6,017 assets ($60.7B) since 2002; no servicer defaults or material litigation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687374/000153949726002428/0001539497-26-002428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687374/000153949726002428/n767_x26-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-002428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer