secwatch.observer — SEC 8-K summary
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Issuer:     BANK5 2025-5YR14 (—)
CIK:        0002059498
Form:       8-K
Filed at:   2026-09-01T20:19:49+00:00
Accession:  0001888524-26-016480
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

C-IV AM assumes special servicing for Benchmark 2025-V14 loans after acquiring Greystone's division
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2059498/000188852426016480/0001888524-26-016480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2059498/000188852426016480/bak25y14_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016480

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer