other material
confidence high
sentiment neutral
materiality 0.50
C-IV AM assumes special servicer role for two BANK5 2023-5YR4 loans from Greystone
BANK5 2023-5YR4
- Greystone sold special servicing division to C-IV AM on 9/1/2026; C-IV AM now special servicer for the trust's two loans.
- C-IV AM rated MOR CS2 by Morningstar DBRS and CSS2 by Fitch; on S&P Select Servicer list.
- As of 6/30/2026, Greystone's portfolio: 60 transactions, $20.7B UPB; 33 CMBS deals, $14.2B; 108 assets ($2.1B) active.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer defaults or material litigation.