---
schema_version: "secwatch.filing_event.v1"
accession: "0001888524-26-016520"
form_type: "8-K"
ticker: null
cik: "0001982178"
company_name: "Benchmark 2023-V3 Mortgage Trust"
filed_at: "2026-09-02T13:21:32+00:00"
generated_at: "2026-09-02T13:22:04.388282+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# C-IV AM assumes special servicing of Heritage Plaza Loan from Greystone effective Sept 1, 2026

## Summary
- Greystone sold its special servicing division to C-IV AM; C-IV AM assumed all duties under BANK5 2023-5YR3 PSA.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
- As of 6/30/2026, transferred portfolio: 60 transactions, ~1,928 loans, $20.7B UPB; 33 CMBS pools with $14.2B UPB.
- Active special servicing assets: ~108 loans, $2.1B UPB as of 6/30/2026; C-IV AM resolved 6,017 assets totaling $60.7B since 2002.
- C-IV AM has no servicer event of default and no material pending litigation; no material advancing rights.

## SEC filing metadata
- accession: 0001888524-26-016520
- form_type: 8-K
- cik: 0001982178
- company_name: Benchmark 2023-V3 Mortgage Trust
- filed_at: 2026-09-02T13:21:32+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 6.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1982178/000188852426016520/0001888524-26-016520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1982178/000188852426016520/bmk23v03_8k-09012026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001888524-26-016520
- JSON: https://secwatch.observer/filing/0001888524-26-016520.json
- Plain text: https://secwatch.observer/filing/0001888524-26-016520.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
