secwatch.observer — SEC 8-K summary
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Issuer:     Benchmark 2023-V3 Mortgage Trust (—)
CIK:        0001982178
Form:       8-K
Filed at:   2026-09-02T13:21:32+00:00
Accession:  0001888524-26-016520
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1982178/000188852426016520/0001888524-26-016520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1982178/000188852426016520/bmk23v03_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016520

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