other material
confidence high
sentiment neutral
materiality 0.30
C-IV Asset Management replaces Greystone as special servicer for Wells Fargo Commercial Mortgage Trust 2016-C36
Wells Fargo Commercial Mortgage Trust 2016-C36
- Greystone sold its special servicing division to C-IV AM effective Sept 1, 2026; C-IV AM assumes all duties and liabilities.
- C-IV AM rated MOR CS2 by Morningstar DBRS and CSS2 by Fitch; on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
- As of June 30, 2026, Greystone's portfolio: ~60 transactions, $20.7B principal balance; 33 CMBS transactions with $14.2B.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer event of default or termination on record.
- C-IV AM is a wholly-owned subsidiary of C-IV Capital Partners LLC; key Greystone employees transferred to C-IV AM.