Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10 filed a Current Report on Form 8-K on September 1, 2026, announcing a change in the special servicer for a specific loan within its portfolio. The filing identifies C-IV Asset Management LLC as the new special servicer for the Princeton Pike Corporate Center Mortgage Loan, pursuant to the MSBAM 2016-C28 pooling and servicing agreement.
The transition is the result of a sale transaction completed on September 1, 2026, in which Greystone Servicing Company LLC sold and conveyed substantially all of the assets of its special servicing division to C-IV AM. As part of this transfer, C-IV AM assumed all duties, responsibilities, and liabilities of the special servicer under the related servicing agreement.
C-IV AM is a wholly-owned subsidiary of C-IV Capital Partners LLC. The company states that substantially all key employees from Greystone’s special servicing division have been retained and are now performing the same duties for C-IV AM. The principal office of C-IV AM is located in Irving, Texas.
The filing provides background on C-IV AM’s servicing capabilities and experience. As of June 30, 2026, C-IV AM was the named special servicer for approximately 60 transactions representing about $20.7 billion in first-lien mortgage loans. Since its inception in 2002, the firm has resolved or participated in the resolution of 6,017 assets with an aggregate principal balance of approximately $60.7 billion.
C-IV AM holds special servicer ratings from major credit rating agencies, including “MOR CS2” from Morningstar DBRS, “CSS2” from Fitch, and is listed on S&P’s Select Servicer list. The filing notes that C-IV AM has detailed policies and operating procedures to maintain compliance with servicing obligations and has not been the subject of a servicer event of default in any securitization transaction.
