secwatch.observer — SEC 8-K summary
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Issuer:     Morgan Stanley Bank of America Merrill Lynch Trust 2016-C28 (—)
CIK:        0001665081
Form:       8-K
Filed at:   2026-09-02T14:40:36+00:00
Accession:  0001888524-26-016563
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

C-IV AM replaces Greystone as special servicer for MSC 2016-C28 trust
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- Greystone sold special servicing division to C-IV AM effective Sept 1, 2026; C-IV AM assumes all duties.
- C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), and on S&P Select Servicer list.
- As of 6/30/2026, Greystone named special servicer for ~60 transactions ($20.7B UPB), $2.1B active special servicing.
- C-IV AM is affiliate of directing certificateholder C-III High Yield Real Estate Debt Fund IV.
- No material legal proceedings or servicer defaults reported for C-IV AM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665081/000188852426016563/0001888524-26-016563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665081/000188852426016563/msc16c28_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016563

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