{"schema_version":"secwatch.filing_event.v1","accession":"0001888524-25-021908","form_type":"8-K","ticker":null,"cik":"0001622413","company_name":"JPMBB Commercial Mortgage Securities Trust 2014-C25","filed_at":"2025-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.953345+00:00","generated_at":"2026-05-16T12:15:45.061403+00:00","sec_items":["6.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Argentic Services Co LP replaces Rialto Capital as special servicer for JPMBB 2014-C25 trust, effective Dec 23, 2025","bullets":["RCA removed as special servicer; ASC appointed successor effective December 23, 2025.","ASC holds Fitch CSS2-, S&P Above Average, DBRS MOR CS2 ratings.","ASC manages $46.31B UPB in 1,688 loans across 79 securitized pools as of Sept 30, 2025.","Owned by Elliott Investment Management; no current economic interest in the trust.","ASC has no prior servicing defaults or terminations in CMBS transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-25-021908","json":"https://secwatch.observer/filing/0001888524-25-021908.json","markdown":"https://secwatch.observer/filing/0001888524-25-021908.md","text":"https://secwatch.observer/filing/0001888524-25-021908.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622413/000188852425021908/0001888524-25-021908-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622413/000188852425021908/jpc14c25_8k-12232025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:15:45.061403+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"comparable_filings":[{"accession":"0001888524-26-008637","ticker":null,"company_name":"GS Mortgage Securities Trust 2016-GS3","filed_at":"2026-05-06T23:59:59+00:00","headline":"Green Loan Services Appointed Special Servicer for 540 West Madison Mortgage Loan in GSMS 2016-GS3","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-008637","json":"https://secwatch.observer/filing/0001888524-26-008637.json","markdown":"https://secwatch.observer/filing/0001888524-26-008637.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682405/000188852426008637/0001888524-26-008637-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682405/000188852426008637/gsm16gs3_8k-05062026.htm"},"side_by_side_evidence":null},{"accession":"0001888524-26-006752","ticker":null,"company_name":"J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C6","filed_at":"2026-04-14T23:59:59+00:00","headline":"KeyBank removed as special servicer for JPMCC 2012-C6; CWCapital appointed effective April 14, 2026","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-006752","json":"https://secwatch.observer/filing/0001888524-26-006752.json","markdown":"https://secwatch.observer/filing/0001888524-26-006752.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1545018/000188852426006752/0001888524-26-006752-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1545018/000188852426006752/jpc12c06_8k-04142026.htm"},"side_by_side_evidence":null},{"accession":"0001888524-26-006699","ticker":null,"company_name":"BANK 2018-BNK15","filed_at":"2026-04-02T23:59:59+00:00","headline":"BANK 2018-BNK15 appoints CWCapital Asset Management as special servicer, effective April 2, 2026","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-006699","json":"https://secwatch.observer/filing/0001888524-26-006699.json","markdown":"https://secwatch.observer/filing/0001888524-26-006699.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1756271/000188852426006699/0001888524-26-006699-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1756271/000188852426006699/bal18b15_8k-03262026.htm"},"side_by_side_evidence":null},{"accession":"0001888524-26-002468","ticker":null,"company_name":"Benchmark 2023-V3 Mortgage Trust","filed_at":"2026-02-24T23:59:59+00:00","headline":"Greystone removed as special servicer; 3650 Servicing appointed for Benchmark 2023-V3 Mortgage Trust","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-002468","json":"https://secwatch.observer/filing/0001888524-26-002468.json","markdown":"https://secwatch.observer/filing/0001888524-26-002468.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1982178/000188852426002468/0001888524-26-002468-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1982178/000188852426002468/bmk23v03_8k-02242026.htm"},"side_by_side_evidence":null},{"accession":"0001888524-25-021491","ticker":null,"company_name":"JPMDB Commercial Mortgage Securities Trust 2016-C2","filed_at":"2025-12-17T23:59:59+00:00","headline":"JPMDB 2016-C2 replaces Midland with Argentic as special servicer effective Dec 17, 2025","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-25-021491","json":"https://secwatch.observer/filing/0001888524-25-021491.json","markdown":"https://secwatch.observer/filing/0001888524-25-021491.md","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"},"side_by_side_evidence":null},{"accession":"0001888524-25-015807","ticker":null,"company_name":"Wells Fargo Commercial Mortgage Trust 2016-NXS6","filed_at":"2025-09-04T23:59:59+00:00","headline":"WFC Commercial Mortgage Trust 2016-NXS6 replaces special servicer from CWCAM to Argentic Services (ASC)","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-25-015807","json":"https://secwatch.observer/filing/0001888524-25-015807.json","markdown":"https://secwatch.observer/filing/0001888524-25-015807.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1683489/000188852425015807/0001888524-25-015807-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1683489/000188852425015807/wfc16nx6_8k-09042025.htm"},"side_by_side_evidence":null},{"accession":"0001888524-25-015596","ticker":null,"company_name":"Wells Fargo Commercial Mortgage Trust 2015-C26","filed_at":"2025-08-29T23:59:59+00:00","headline":"Torchlight Loan Services appointed as general special servicer for WFCM 2015-C26 trust","event_type":"other_material","sec_items":["6.02"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-25-015596","json":"https://secwatch.observer/filing/0001888524-25-015596.json","markdown":"https://secwatch.observer/filing/0001888524-25-015596.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630513/000188852425015596/0001888524-25-015596-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630513/000188852425015596/wcm15c26_8k-08292025.htm"},"side_by_side_evidence":null},{"accession":"0001193125-25-123112","ticker":null,"company_name":"Discover Card Execution Note Trust","filed_at":"2025-05-20T23:59:59+00:00","headline":"Capital One completes Discover acquisition; CONA becomes servicer for Discover Card trusts","event_type":"other_material","sec_items":["6.02","8.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same SEC item: 6.02","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-123112","json":"https://secwatch.observer/filing/0001193125-25-123112.json","markdown":"https://secwatch.observer/filing/0001193125-25-123112.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1407200/000119312525123112/0001193125-25-123112-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894329/000119312525123112/d920729d8k.htm"},"side_by_side_evidence":null}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}