---
schema_version: "secwatch.filing_event.v1"
accession: "0001888524-26-016531"
form_type: "8-K"
ticker: null
cik: "0001688451"
company_name: "Wells Fargo Commercial Mortgage Trust 2016-LC25"
filed_at: "2026-09-02T13:30:18+00:00"
generated_at: "2026-09-02T13:31:09.347093+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Greystone sells special servicing division to C-IV AM; C-IV AM becomes special servicer for 101 Hudson Street loan

## Summary
- Sale effective Sept 1, 2026; C-IV AM assumes special servicer duties for 101 Hudson Street Mortgage Loan under MSC 2016-BNK2 PSA.
- C-IV AM is wholly-owned subsidiary of C-IV Capital Partners; key Greystone special servicing employees transferred.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
- As of 6/30/26, Greystone's portfolio: 60 transactions, $20.7B UPB, 1,928 loans; 33 CMBS with $14.2B; 108 assets ($2.1B) in active special servicing.
- C-IV AM has resolved 6,017 assets since 2002 with $60.7B principal; no servicer defaults or material litigation.

## SEC filing metadata
- accession: 0001888524-26-016531
- form_type: 8-K
- cik: 0001688451
- company_name: Wells Fargo Commercial Mortgage Trust 2016-LC25
- filed_at: 2026-09-02T13:30:18+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 6.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688451/000188852426016531/0001888524-26-016531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688451/000188852426016531/wcm16l25_8k-09012026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001888524-26-016531
- JSON: https://secwatch.observer/filing/0001888524-26-016531.json
- Plain text: https://secwatch.observer/filing/0001888524-26-016531.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.