other material
confidence high
sentiment neutral
materiality 0.30
C-IV AM assumes special servicing for Benchmark 2025-V14 loans after acquiring Greystone's division
BANK5 2025-5YR14
- On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM; C-IV AM assumes special servicer role for Las Olas City Centre and Redmond Town Center loans.
- C-IV AM is rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and S&P Select Servicer with 'Average; Ranking Watch Positive'.
- As of June 30, 2026, Greystone's portfolio: ~60 transactions, 1,928 loans, $20.7B UPB; 33 CMBS deals, 774 loans, $14.2B UPB.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer event of default or termination.