M&A - Benchmark 2022-B32 Mortgage Trust
Form Type: 8-K
Filing Date: 2025-03-03
Corporate Action: Acquisition
Type: New
Accession Number: 000188852425003483
Filing Summary: Benchmark 2022-B32 Mortgage Trust filed a current report on Form 8-K related to the acquisition of the third-party servicing segment of Wells Fargo Bank's commercial mortgage servicing business by Trimont LLC, effective from March 1, 2025. This transaction, referred to as the CMS Transaction, includes the transfer of responsibilities and rights from Wells Fargo to Trimont, which will now act as the master servicer for certain mortgage loans. The document outlines Trimont's ratings as a servicer and provides detailed information about their servicing portfolio as well as the operational changes resulting from the acquisition. Trimont plans to integrate CMS policies and systems into its existing servicing framework while maintaining compliance with regulatory standards. The entity's servicing activities will also be impacted, allowing Trimont to provide enhanced servicing and management of commercial mortgage loans.
Additional details:
Cik: 0001900454
Registrant Name: J.P. Morgan Chase Commercial Mortgage Securities Corp.
Sponsor Names: ["JPMorgan Chase Bank, National Association","Citi Real Estate Funding Inc.","Goldman Sachs Mortgage Company","German American Capital Corporation"]
Acquisition Details: Trimont purchased the third-party servicing segment of Wells Fargo's commercial mortgage servicing business.
Cms Acquisition Closing Date: 2025-03-01
Transition Services Agreement: Wells Fargo will provide support services to Trimont for 12 months post-acquisition.
Trimont Servicing Ratings: {"primary_servicer":"CPS2 Strong","master_servicer":"CMS3+ Average","special_servicer":"CSS2 Strong"}
Trimont Servicing Offices: ["Charlotte, North Carolina","Atlanta, Georgia","Overland Park, Kansas","New York, New York","Dallas, Texas"]
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