other material
confidence high
sentiment neutral
materiality 0.50
C-IV AM acquires Greystone special servicing; becomes special servicer for Boulders loan
BANK 2023-BNK45
- On Sept 1, 2026, Greystone sold its special servicing division to C-IV AM; C-IV AM assumed duties for Boulders Resort Mortgage Loan under BANK 2022-BNK43.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
- As of 6/30/2026, Greystone's portfolio: ~60 transactions, $20.7B principal; 33 CMBS deals with $14.2B; active special servicing $2.1B.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer event of default or termination.
- C-IV AM is wholly-owned by C-IV Capital Partners; key Greystone employees transferred to C-IV AM.