M&A - CSAIL 2015-C4 Commercial Mortgage Trust
Form Type: 8-K
Filing Date: 2025-03-03
Corporate Action: Acquisition
Type: New
Accession Number: 000188852425003363
Filing Summary: On March 1, 2025, Trimont LLC will act as the master servicer following its acquisition of the third-party servicing segment of Wells Fargo Bank’s commercial mortgage servicing business. This acquisition includes the responsibilities for servicing commercial and multifamily loans. Trimont, rated as a master servicer by Fitch, S&P, and Morningstar DBRS, integrates the acquired business and personnel, initiating a Transition Services Agreement with Wells Fargo for continued support. The document details the operational changes and ratings concerning Trimont's servicer responsibilities and expectations, highlighting a significant increase in Trimont’s servicing portfolio as a result of the acquisition. The pro forma portfolio includes $667 billion in unpaid principal balance as of December 31, 2024, with a breakdown of serviced loans. The management strategies for delinquent loans and arrangements with related parties in relation to the servicing capacity are also outlined.
Additional details:
Name Of Servicer: Trimont LLC
Cms Acquisition Closing Date: 2025-03-01
Cms Transaction Description: Acquisition of third-party servicing business from Wells Fargo Bank
Rating Primary Servicer: CPS2 Strong
Rating Master Servicer: CMS3+ Average
Rating Special Servicer: CSS2 Strong
Total Serviced Loans Count: 18,402
Total Serviced Loans Balance: $440.4 billion
Total Unpaid Principal Balance Proforma: $667 billion
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