{"schema_version":"secwatch.filing_event.v1","accession":"0001888524-26-016506","form_type":"8-K","ticker":null,"cik":"0002076111","company_name":"BBCMS Mortgage Trust 2025-5C36","filed_at":"2026-09-01T20:36:44+00:00","discovered_at":"2026-09-01T20:38:04.002847+00:00","generated_at":"2026-09-01T20:38:16.229271+00:00","sec_items":["6.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"C-IV AM acquires Greystone special servicing; assumes role for The Link Mortgage Loan","bullets":["Sale closed Sept 1, 2026; C-IV AM becomes special servicer for The Link Mortgage Loan under Benchmark 2025-V14 PSA.","C-IV AM is wholly-owned by C-IV Capital Partners; key Greystone special servicing employees transferred.","Ratings: MOR CS2 (Morningstar DBRS), CSS2 (Fitch), S&P Select Servicer with 'Average; Ranking Watch Positive'.","As of 6/30/26, Greystone portfolio: 60 transactions, $20.7B principal; 33 CMBS with $14.2B; active special servicing $2.1B across 108 assets.","C-IV AM has resolved 6,017 assets since 2002, aggregate principal $60.7B; no servicer defaults or material litigation."],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-016506","json":"https://secwatch.observer/filing/0001888524-26-016506.json","markdown":"https://secwatch.observer/filing/0001888524-26-016506.md","text":"https://secwatch.observer/filing/0001888524-26-016506.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2076111/000188852426016506/0001888524-26-016506-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2076111/000188852426016506/bcr25c36_8k-09012026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-01T20:38:16.229271+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}