C-IV AM acquires Greystone's special servicing unit; becomes special servicer for BBCMS 2023-C19

BBCMS Mortgage Trust 2023-C19

On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM; C-IV AM assumes special servicer duties for Sentinel Square II and 575 Broadway loans.
C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and 'Average; Ranking Watch Positive' (S&P).
As of 6/30/2026, Greystone's portfolio: 60 transactions, 1,928 loans, $20.7B principal; 33 CMBS deals with $14.2B.
Active special servicing: 108 assets, $2.1B principal; C-IV AM has resolved 6,017 assets totaling $60.7B since 2002.
C-IV AM is a wholly-owned subsidiary of C-IV Capital Partners; key Greystone special servicing employees transferred.

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