---
schema_version: "secwatch.filing_event.v1"
accession: "0001888524-25-021491"
form_type: "8-K"
ticker: null
cik: "0001671520"
company_name: "JPMDB Commercial Mortgage Securities Trust 2016-C2"
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:55:41.171598+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# JPMDB 2016-C2 replaces Midland with Argentic as special servicer effective Dec 17, 2025

## Summary
- Midland removed as special servicer; Argentic Services Company LP (ASC) appointed, except for Quaker Bridge Mall Whole Loan and other excluded loans.
- ASC holds CSS2- rating from Fitch, 'Above Average' from S&P, and MOR CS2 from Morningstar DBRS.
- ASC manages $46.31B in unpaid principal across 1,688 loans as of Sept 30, 2025; 47 loans in active special servicing.
- ASC is majority-owned by funds managed by Elliott Investment Management L.P. (approx. $76.1B AUM as of June 30, 2025).
- ASC has 25 special servicing employees; senior management averages over 36 years of industry experience.

## SEC filing metadata
- accession: 0001888524-25-021491
- form_type: 8-K
- cik: 0001671520
- company_name: JPMDB Commercial Mortgage Securities Trust 2016-C2
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 6.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1671520/000188852425021491/0001888524-25-021491-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1671520/000188852425021491/jpc16c02_8k-12082025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001888524-25-021491
- JSON: https://secwatch.observer/filing/0001888524-25-021491.json
- Plain text: https://secwatch.observer/filing/0001888524-25-021491.txt

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