COMM 2016-COR1 Mortgage Trust has announced a change in the special servicer for a loan secured by the Prudential Plaza property. Effective October 14, 2026, Torchlight Loan Services, LLC, a Delaware limited liability company, will assume the role of special servicer for the loan and related promissory notes. This appointment replaces CWCapital Asset Management LLC as the special servicer for the non-serviced loan combination.
The loan is part of the COMM 2015-CCRE26 securitization and is governed by the pooling and servicing agreement for that transaction. Torchlight was appointed at the direction of CMBS CCR, LLC, which serves as the directing holder under the agreement. As the new special servicer, Torchlight will be responsible 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, the company will process and perform reviews of material actions regarding the loan when it is not specially serviced.
