Benchmark 2022-B37 Mortgage Trust has filed a Current Report on Form 8-K announcing a change in its special servicer. The filing details the transfer of special servicing responsibilities from Greystone Servicing Company LLC to C-IV Asset Management LLC.
According to the report, the transfer is effective September 1, 2026. C-IV AM will act as the special servicer for the Katy Mills Mortgage Loan pursuant to the BANK 2022-BNK43 pooling and servicing agreement. The change occurred following the closing of a Sale Transaction in which Greystone sold and conveyed substantially all of the assets of its special servicing division to C-IV AM.
The filing states that key employees from Greystone’s special servicing division have transitioned to C-IV AM or its affiliate and are continuing to perform their duties in substantially the same capacity.
C-IV Asset Management LLC is a wholly-owned subsidiary of C-IV Capital Partners LLC. The company has a special servicer rating of “MOR CS2” from Morningstar DBRS and “CSS2” from Fitch. It is also listed as a U.S. Commercial Mortgage Special Servicer by S&P.
The filing provides background on C-IV AM’s servicing history. As of June 30, 2026, Greystone was the named special servicer for approximately 60 transactions with an aggregate stated principal balance of approximately $20.7 billion. C-IV AM has resolved or participated in the resolution of 6,017 total assets with an aggregate principal balance of approximately $60.7 billion since its inception in 2002.
The report notes that C-IV AM has detailed policies and operating procedures to maintain compliance with servicing obligations. The company has developed strategies for working with borrowers on problem loans, which may include liquidation, note sales, discounted payoffs, or borrower negotiation.
C-IV AM has not been the subject of a servicer event of default or servicer termination event in any securitization transaction for which it acted as special servicer. The company does not believe its financial condition will have an adverse effect on the performance of its duties under the related servicing agreement.
