secwatch.observer — SEC 8-K summary
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Issuer:     Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10 (—)
CIK:        0001673542
Form:       8-K
Filed at:   2026-09-02T13:24:38+00:00
Accession:  0001888524-26-016524
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

Greystone sells special servicing unit to C-IV AM; C-IV AM becomes special servicer for Princeton Pike loan
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- Greystone sold special servicing division to C-IV AM effective Sept 1, 2026; C-IV AM assumes special servicer role for Princeton Pike loan.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
- As of 6/30/26, Greystone's portfolio: ~60 transactions, $20.7B UPB; 33 CMBS deals $14.2B; 108 assets $2.1B in active special servicing.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer event of default; key employees transferred.
- C-IV AM believes financial condition won't materially impact pool performance; no material legal proceedings pending.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673542/000188852426016524/0001888524-26-016524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673542/000188852426016524/bal16ubs_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016524

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