BANK 2019-BNK23 filed a Form 8-K on September 21, 2026, reporting a change in the special servicer for a specific loan within the MSC 2019-L3 securitization. Effective as of September 21, 2026, Argentic Services Company LP (ASC) has been appointed as the special servicer for the ILPT Industrial Portfolio mortgage loan and related promissory notes. This appointment replaces Situs Holdings, LLC in this role.
The change was executed at the direction of Blue Owl Real Estate Debt Advisors LLC, which serves as the directing certificateholder under the applicable pooling and servicing agreement. Under the terms of the agreement, ASC will assume responsibility for the servicing and administration of the loan if it becomes specially serviced, as well as the administration of any related Real Estate Owned (REO) property. Additionally, ASC is responsible for processing and performing reviews of material actions regarding the loan when it is not specially serviced.
The filing confirms that the servicing of the applicable loan combination will continue to be governed by the existing pooling and servicing agreement for the MSC 2019-L3 securitization.
