other material
confidence high
sentiment neutral
materiality 0.30
Torchlight replaces CWCapital as special servicer for 545 Washington Blvd loan in BANK 2020-BNK26
BANK 2020-BNK26
- Effective Sept 10, 2026, Torchlight Loan Services replaces CWCapital Asset Management as special servicer for the 545 Washington Blvd mortgage loan under BANK 2020-BNK25 PSA.
- Appointment made by BNK 25 CCR, LLC, the directing certificateholder; Torchlight is wholly owned by Torchlight Investors, LLC.
- As of 6/30/26, Torchlight specially serviced 76 loans totaling $5.1B UPB; no material legal proceedings pending against it.
- Torchlight has resolved over $12.2B of CMBS loans since 2007; no prior material non-compliance with servicing criteria.