secwatch.observer — SEC 8-K summary
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Issuer:     BANK 2021-BNK34 (—)
CIK:        0001863688
Form:       8-K
Filed at:   2026-09-02T13:27:27+00:00
Accession:  0001888524-26-016529
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

C-IV Asset Management replaces Greystone as special servicer for BANK 2021-BNK34
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- Effective Sept 1, 2026, Greystone sold its special servicing division to C-IV AM; C-IV AM assumes duties for U.S. Steel Tower Mortgage Loan.
- 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 6/30/2026, Greystone's named special servicer portfolio: 60 transactions, ~1,928 loans, $20.7B UPB; 33 CMBS pools with $14.2B.
- Active special servicing: ~108 assets, $2.1B UPB as of 6/30/2026; C-IV AM resolved 6,017 assets totaling $60.7B since 2002.
- All key Greystone special servicing employees transferred to C-IV AM; no servicer event of default or termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1863688/000188852426016529/0001888524-26-016529-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1863688/000188852426016529/wcm21b34_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016529

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