other material
confidence high
sentiment neutral
materiality 0.50
BANK 2020-BNK25 replaces special servicer: Torchlight appointed, CWCAM removed
BANK 2020-BNK25
- Effective Sept 10, 2026, CWCAM removed as general special servicer; Torchlight Loan Services LLC appointed successor.
- Torchlight is wholly owned by Torchlight Investors; has resolved over $12.2B of U.S. commercial/multifamily loans since 1998.
- As of 6/30/2026, Torchlight actively specially serviced 76 loans with aggregate UPB of $5.13B across 51 CMBS pools.
- Torchlight has no material primary advancing obligations; no pending material legal proceedings or prior servicing non-compliance.
- Appointment excludes Non-Serviced Mortgage Loans and NCB Mortgage Loans.