other material
confidence high
sentiment neutral
materiality 0.40
C-IV Asset Management replaces Greystone as special servicer for Katy Mills Mortgage Loan
Benchmark 2022-B37 Mortgage Trust
- On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM, which assumed all special servicer duties for the Katy Mills Mortgage Loan under BANK 2022-BNK43 PSA.
- C-IV AM rated MOR CS2 (Morningstar DBRS) and CSS2 (Fitch); S&P Select Servicer at 'Average; Ranking Watch Positive'.
- Transferred portfolio: ~60 transactions, ~1,928 first-lien loans, ~$20.7B principal; ~108 assets (~$2.1B) in active special servicing as of 6/30/2026.
- C-IV AM resolved 6,017 assets (~$60.7B) since 2002; no servicer event of default or termination in its history.
- Key Greystone special servicing employees moved to C-IV AM; principal office at 5221 N. O'Connor Blvd, Irving, TX.