M&A - Benchmark 2022-B37 Mortgage Trust

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000188852425003428

Filing Summary: Benchmark 2022-B37 Mortgage Trust filed a current report on Form 8-K to disclose the acquisition of the third party servicing segment (CMS) of Wells Fargo Bank, National Association's commercial mortgage servicing business. The transaction, which closed on March 1, 2025, includes the transfer of Wells Fargo’s servicer duties under related servicing agreements. Trimont LLC will now act as the master servicer for various mortgage loans, having been rated by Fitch, S&P, and Morningstar DBRS. The report includes a summary of Trimont's servicing portfolio and its operational strategies post-acquisition, as well as specifics on the integration with Wells Fargo's personnel and technology. There are no ongoing legal proceedings material to certificateholders and the transition services agreement (TSA) with Wells Fargo allows for continued support during the integration period.