secwatch.observer — SEC 8-K summary
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Issuer:     BANK 2023-BNK45 (—)
CIK:        0001958501
Form:       8-K
Filed at:   2026-09-02T13:54:34+00:00
Accession:  0001888524-26-016543
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 special servicing; becomes special servicer for Boulders loan
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1958501/000188852426016543/0001888524-26-016543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1958501/000188852426016543/bak23b45_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016543

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer