secwatch.observer — SEC 8-K summary
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Issuer:     Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31 (—)
CIK:        0001687031
Form:       8-K
Filed at:   2026-09-02T13:33:58+00:00
Accession:  0001888524-26-016533
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687031/000188852426016533/0001888524-26-016533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687031/000188852426016533/msc16c31_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016533

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