M&A - CSAIL 2017-CX9 Commercial Mortgage Trust

Form Type: 8-K

Filing Date: 2025-03-03

Corporate Action: Acquisition

Type: New

Accession Number: 000188852425003331

Filing Summary: On February 28, 2025, the CSAIL 2017-CX9 Commercial Mortgage Trust, a commercial mortgage trust, reported a significant corporate action involving the acquisition of the third-party servicing segment ('CMS') of Wells Fargo Bank's commercial mortgage servicing business. Trimont LLC will act as the master servicer for several mortgage loans under various trust agreements, highlighting their role in the servicing of commercial real estate loans. The CMS acquisition is pivotal as it incorporates Trimont’s servicing capabilities and related technologies, thereby expanding their portfolio significantly. The document details Trimont's service ratings, the integration process of CMS into Trimont's existing operations, and the transition support services provided by Wells Fargo. Additionally, it outlines the performance metrics of Trimont's servicing portfolio, including outstanding loans and service advancements. The acquisition’s successful completion is expected to enhance Trimont's servicing capacity and operational footprint in the commercial mortgage sector.