other material
confidence high
sentiment neutral
materiality 0.50
C-IV AM replaces Greystone as special servicer for MSC 2016-UBS11
Morgan Stanley Capital I Trust 2016-UBS11
- Effective Sept 1, 2026, C-IV Asset Management LLC becomes special servicer for MSC 2016-UBS11 after Greystone sale.
- Greystone sold its special servicing division to C-IV AM; C-IV AM assumes all duties and liabilities under servicing agreement.
- As of 6/30/26, transferred portfolio: ~60 transactions, 1,928 loans, $20.7B principal; 33 CMBS deals with $14.2B.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch); on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer event of default.