secwatch.observer — SEC 8-K summary ====================================== Issuer: BBCMS Mortgage Trust 2025-5C36 (—) CIK: 0002076111 Form: 8-K Filed at: 2026-09-01T20:36:44+00:00 Accession: 0001888524-26-016506 Event type: other_material Sentiment: neutral Materiality: 0.50 Item codes: 6.02 LLM model: deepseek-v4-flash:cloud@v2 C-IV AM acquires Greystone special servicing; assumes role for The Link Mortgage Loan -------------------------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/2076111/000188852426016506/0001888524-26-016506-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/2076111/000188852426016506/bcr25c36_8k-09012026.htm HTML page: https://secwatch.observer/filing/0001888524-26-016506 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer