M&A - Citigroup Commercial Mortgage Trust 2014-GC25

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000095017025030837

Filing Summary: As of March 1, 2025, Trimont LLC succeeded Wells Fargo Bank, National Association, as Master Servicer under the Pooling and Servicing Agreement for Citigroup Commercial Mortgage Trust 2014-GC25. The acquisition, referred to as the CMS Transaction, involved Trimont purchasing the third-party servicing segment of Wells Fargo's commercial mortgage servicing business. This acquisition does not include duties related to servicing loans originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae. Trimont has integrated most of the CMS employees and relevant systems from Wells Fargo. Trimont continues to operate under a Transition Services Agreement with Wells Fargo to support the transition for 12 months after the acquisition. This transition will allow Trimont to manage servicing for both its existing loans and those acquired from Wells Fargo, ensuring a seamless shift in servicing capabilities.