M&A - DBGS 2018-C1 Mortgage Trust
Form Type: 8-K
Filing Date: 2025-02-28
Corporate Action: Acquisition
Type: New
Accession Number: 000188852425003163
Filing Summary: On February 28, 2025, DBGS 2018-C1 Mortgage Trust filed an 8-K report announcing a significant change regarding its servicer. Trimont LLC has been appointed as the master servicer under the pooling and servicing agreement. This transition includes various other agreements with respect to multiple mortgage loans, such as the Aventura Mall Mortgage Loan and the Christiana Mall Mortgage Loan. Notably, Trimont completed the acquisition of the commercial mortgage servicing business segment from Wells Fargo Bank, known as the CMS Transaction. This acquisition involves integration of operational systems and personnel to streamline servicing activities. Additionally, ratings from agencies such as Fitch and S&P were provided, reflecting Trimont's service capabilities. There were no significant legal actions reported concerning Trimont that might affect certificate holders or the servicing operation.
Document Link: View Document
Additional details:
Central Index Key: 0001013454
Central Index Key: 0001541294
Central Index Key: 0001541502
Servicer Name: Trimont LLC
Acquisition Closing Date: 2025-03-01
Cms Transaction: Trimont acquired the third party servicing segment of Wells Fargo Bank.
Servicer Ratings: {"fitch_primary_servicer":"CPS2 Strong","fitch_master_servicer":"CMS3+ Average","fitch_special_servicer":"CSS2 Strong","s_and_p_primary_servicer":"MOR CS2","s_and_p_master_servicer":"MOR CS3","s_and_p_special_servicer":"MOR CS2","morningstar_master_servicer":"Rating Watch Positive","morningstar_primary_servicer":"Stable Trend","morningstar_special_servicer":"Stable Trend"}
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