other material
confidence high
sentiment neutral
materiality 0.30
C-IV AM replaces Greystone as special servicer for The Link Mortgage Loan
Benchmark 2025-V15 Mortgage Trust
- On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM, which assumed special servicer duties for The Link Mortgage Loan.
- C-IV AM is a wholly-owned subsidiary of C-IV Capital Partners; key Greystone employees transferred to C-IV AM.
- C-IV AM holds ratings MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and S&P Select Servicer 'Average; Ranking Watch Positive'.
- As of 6/30/2026, Greystone's portfolio: ~60 transactions, $20.7B principal balance; 33 CMBS deals, $14.2B; 108 assets ($2.1B) in active special servicing.
- C-IV AM has resolved 6,017 assets ($60.7B) since 2002; no servicer event of default; financial condition not expected to affect performance.