C-IV AM acquires Greystone's special servicing division; assumes special servicer role for CMBS trust

Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31

On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM; C-IV AM assumed duties for Harlem USA loan under MSC 2016-BNK2 PSA.
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 transferred: ~60 transactions, $20.7B UPB; 33 CMBS deals with $14.2B; ~108 assets in active special servicing.
C-IV AM has resolved 6,017 assets since 2002 with ~$60.7B aggregate principal balance; no servicer event of default.
Key employees transferred to C-IV AM; no material change in policies; financial condition not expected to impact pool performance.

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