other material
confidence high
sentiment neutral
materiality 0.50
C-IV AM acquires Greystone's special servicing unit; becomes special servicer for CSAIL 2015-C3
CSAIL 2015-C3 Commercial Mortgage Trust
- On Sept 1, 2026, Greystone sold substantially all special servicing assets to C-IV AM; C-IV AM assumes duties for Westfield Trumbull Mortgage Loan.
- C-IV AM is wholly-owned by C-IV Capital Partners; key Greystone employees transferred; ratings: MOR CS2 (DBRS), CSS2 (Fitch), S&P Select Servicer.
- As of 6/30/26, Greystone's portfolio: ~60 transactions, 1,928 loans, $20.7B UPB; 33 CMBS deals with $14.2B; ~108 assets ($2.1B) in active special servicing.
- C-IV AM has resolved 6,017 assets since 2002 with $60.7B principal; no servicer event of default; policies unchanged.
- All Greystone named portfolio transfers except two CLOs; C-IV AM has no material advancing rights.