other material
confidence high
sentiment neutral
materiality 0.50
C-IV Asset Management becomes special servicer for BANK 2020-BNK30 after Greystone sale
BANK 2020-BNK30
- Greystone sold special servicing division to C-IV AM effective Sept 1, 2026; C-IV AM assumes duties for 605 Third Avenue and McDonald's Global HQ loans.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), on S&P Select Servicer list.
- As of 6/30/26, Greystone portfolio: 60 transactions, 1,928 loans, $20.7B UPB; 33 CMBS deals, 774 loans, $14.2B.
- Active special servicing: 108 assets, $2.1B UPB; C-IV AM resolved 6,017 assets totaling $60.7B since 2002.
- No servicer defaults or material litigation; C-IV AM believes financial condition won't impact pool performance.