other material
confidence high
sentiment neutral
materiality 0.30
C-IV AM replaces Greystone as special servicer for Princeton Pike loan in MSBAM 2016-C28
Morgan Stanley Capital I Trust 2016-UBS9
- Effective Sept 1, 2026, C-IV AM becomes special servicer for Princeton Pike Corporate Center loan under MSBAM 2016-C28.
- Greystone sold its special servicing division to C-IV AM; key employees transferred to C-IV AM.
- C-IV AM rated MOR CS2 (DBRS), CSS2 (Fitch), and on S&P Select Servicer list with Positive watch.
- As of 6/30/26, Greystone's portfolio: ~60 transactions, $20.7B principal, 1,928 loans; ~108 assets actively specially serviced.
- C-IV AM has resolved 6,017 assets since 2002 with $60.7B aggregate principal balance.