other material
confidence high
sentiment neutral
materiality 0.50
FIVE 2023-V1 Mortgage Trust: C-IV AM becomes special servicer effective Sept 1, 2026
FIVE 2023-V1 Mortgage Trust
- Greystone sold special servicing division to C-IV AM; C-IV AM assumes all duties and liabilities.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), on S&P Select Servicer list.
- As of 6/30/2026, transferred portfolio: ~60 transactions, $20.7B principal, 108 assets ($2.1B) in active special servicing.
- C-IV AM has resolved 6,017 assets since 2002 with $60.7B aggregate principal balance.
- Key Greystone special servicing employees now employed by C-IV AM in same capacities.