---
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"
generated_at: "2026-09-02T14:08:07.986735+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Greystone sells special servicing unit to C-IV AM; C-IV AM becomes special servicer for BBCMS 2019-C4 loan

## Summary
- 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.

## SEC filing metadata
- accession: 0001888524-26-016549
- form_type: 8-K
- cik: 0001780131
- company_name: BBCMS Mortgage Trust 2019-C4
- filed_at: 2026-09-02T14:06:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 6.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001888524-26-016549
- JSON: https://secwatch.observer/filing/0001888524-26-016549.json
- Plain text: https://secwatch.observer/filing/0001888524-26-016549.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.