M&A - CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-C7

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000095017025030770

Filing Summary: Effective March 1, 2025, Trimont LLC has succeeded Wells Fargo Bank, National Association as Master Servicer under the Pooling and Servicing Agreement related to Citigroup Commercial Mortgage Trust 2019-C7. This transition is part of a CMS Transaction where Trimont acquired the third-party servicing segment of Wells Fargo's commercial mortgage servicing business. The CMS Transaction included the transfer of servicing duties and rights, while Wells Fargo retains obligations related to certain loans. Trimont is now responsible for servicing arrangements, including commercial and multifamily loans, establishing itself as a qualified servicer with ratings from Fitch, S&P, and Morningstar DBRS.