---
schema_version: "secwatch.filing_event.v1"
accession: "0001888524-26-016575"
form_type: "8-K"
ticker: null
cik: "0001797056"
company_name: "BANK 2020-BNK25"
filed_at: "2026-09-10T17:44:53+00:00"
generated_at: "2026-09-10T17:46:07.661027+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BANK 2020-BNK25 replaces special servicer: Torchlight appointed, CWCAM removed

## Summary
- 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.

## SEC filing metadata
- accession: 0001888524-26-016575
- form_type: 8-K
- cik: 0001797056
- company_name: BANK 2020-BNK25
- filed_at: 2026-09-10T17:44:53+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/1797056/000188852426016575/0001888524-26-016575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1797056/000188852426016575/wcm20b25_8k-09022026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001888524-26-016575
- JSON: https://secwatch.observer/filing/0001888524-26-016575.json
- Plain text: https://secwatch.observer/filing/0001888524-26-016575.txt

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