other material
confidence high
sentiment neutral
materiality 0.50
C-IV AM becomes special servicer for Center West Mortgage Loan after Greystone sale
CFCRE 2017-C8 Mortgage Trust
- On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM, which assumed special servicer duties for the Center West Mortgage Loan.
- C-IV AM is rated MOR CS2 (Morningstar DBRS) and CSS2 (Fitch); on S&P Select Servicer list as U.S. Commercial Mortgage Special Servicer.
- As of June 30, 2026, Greystone's named special servicing portfolio: ~60 transactions, ~1,928 loans, $20.7B UPB; ~108 assets ($2.1B) in active special servicing.
- C-IV AM has resolved 6,017 assets since 2002 with ~$60.7B aggregate principal balance; no servicer defaults or material litigation.
- All of Greystone's named portfolio transferred to C-IV AM except two CLOs; key employees continue in same roles.