---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-26-002550"
form_type: "8-K"
ticker: null
cik: "0001791295"
company_name: "Morgan Stanley Capital I Trust 2019-L3"
filed_at: "2026-09-21T16:58:00+00:00"
generated_at: "2026-09-21T16:59:47.500659+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Argentic Services named special servicer for ILPT loan in MSC 2019-L3, replacing Situs

## Summary
- Effective Sept 21, 2026, Argentic Services Company LP (ASC) replaces Situs Holdings as special servicer for ILPT Industrial Portfolio loan in MSC 2019-L3 securitization.
- Appointed by Blue Owl Real Estate Debt Advisors LLC, the directing certificateholder; servicing governed by existing PSA.
- ASC is majority-owned by Elliott-managed funds; Elliott manages ~$79.8B assets. ASC has Fitch CSS2-, S&P Above Average, DBRS MOR CS2 ratings.
- ASC's named special servicing portfolio as of 6/30/26: 1,801 loans / $56.05B UPB; 33 employees dedicated to special servicing.

## SEC filing metadata
- accession: 0001539497-26-002550
- form_type: 8-K
- cik: 0001791295
- company_name: Morgan Stanley Capital I Trust 2019-L3
- filed_at: 2026-09-21T16:58:00+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 6.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1791295/000153949726002550/0001539497-26-002550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1791295/000153949726002550/n1862_x22-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-26-002550
- JSON: https://secwatch.observer/filing/0001539497-26-002550.json
- Plain text: https://secwatch.observer/filing/0001539497-26-002550.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.