{"schema_version":"secwatch.filing_event.v1","accession":"0001888524-26-016549","form_type":"8-K","ticker":null,"cik":"0001780131","company_name":"BBCMS Mortgage Trust 2019-C4","filed_at":"2026-09-02T14:06:59+00:00","discovered_at":"2026-09-02T14:08:03.484541+00:00","generated_at":"2026-09-02T14:08:07.986735+00:00","sec_items":["6.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Greystone sells special servicing unit to C-IV AM; C-IV AM becomes special servicer for BBCMS 2019-C4 loan","bullets":["Effective Sept 1, 2026, C-IV Asset Management LLC acquired Greystone's special servicing division and assumed special servicer duties for ExchangeRight Net Leased Portfolio #27 loan.","C-IV AM is a wholly-owned subsidiary of C-IV Capital Partners; key Greystone special servicing employees transferred to C-IV AM.","C-IV AM rated MOR CS2 by Morningstar DBRS, CSS2 by Fitch, and on S&P Select Servicer list (Average; Ranking Watch Positive).","As of June 30, 2026, Greystone's named special servicing portfolio: 60 transactions, 1,928 loans, $20.7B UPB; active special servicing $2.1B across 108 assets.","C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer event of default or termination in its history."],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-016549","json":"https://secwatch.observer/filing/0001888524-26-016549.json","markdown":"https://secwatch.observer/filing/0001888524-26-016549.md","text":"https://secwatch.observer/filing/0001888524-26-016549.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1780131/000188852426016549/0001888524-26-016549-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1780131/000188852426016549/bub19c04_8k-09012026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-02T14:08:07.986735+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}