other_material
confidence high
sentiment neutral
materiality 0.65
WFC Commercial Mortgage Trust 2016-NXS6 replaces special servicer from CWCAM to Argentic Services (ASC)
Wells Fargo Commercial Mortgage Trust 2016-NXS6
- Effective 9/4/2025, CWCapital Asset Management removed as special servicer; Argentic Services Company LP appointed successor.
- ASC holds a commercial special servicer rating of CSS2- (Fitch), Above Average (S&P), MOR CS2 (DBRS).
- ASC's total named special servicing portfolio: ~$44.73B unpaid balance across 1,596 loans as of 6/30/2025.
- Exceptions: the QLIC Whole Loan, Crate & Barrel Whole Loan, and any Non-Serviced/Excluded Loans remain with prior servicer.
item 6.02