CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6·8-K

Apr 3, 12:34 PM ET

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CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6 8-K

Research Summary

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Updated

Citigroup Commercial Mortgage Trust 2016-P6 Appoints New Special Servicer

What Happened

  • Citigroup Commercial Mortgage Trust 2016-P6 filed an 8-K (Apr 3, 2026) announcing a change in the special servicer for the Potomac Mills mortgage loan under the CFCRE 2016-C6 pooling and servicing agreement. The filing states that Situs Holdings, LLC was terminated as special servicer for the Potomac Mills loan combination and Torchlight Loan Services, LLC was appointed as successor special servicer. The filing attaches an Acknowledgment of Replacement Special Servicer dated April 3, 2026 (Exhibit 20.1). The CFCRE 2016-C6 PSA was originally filed as Exhibit 4.5 to the trust’s Dec 15, 2016 Form 8-K.

Key Details

  • Asset affected: Potomac Mills mortgage loan (part of Citigroup Commercial Mortgage Trust 2016-P6).
  • Change reported: Situs Holdings, LLC terminated as special servicer; Torchlight Loan Services, LLC appointed successor.
  • Documentation: Acknowledgment of Replacement Special Servicer attached as Exhibit 20.1 (dated April 3, 2026).
  • Filing signed by Richard Simpson, President of Citigroup Commercial Mortgage Securities Inc., on April 3, 2026.

Why It Matters

  • A special servicer manages troubled loans, loss mitigation, and enforcement actions for the trust’s mortgage assets. A change in special servicer can affect how the Potomac Mills loan is handled going forward (monitoring, workouts, or enforcement).
  • For investors in the trust, this is a servicing-level operational change specific to the Potomac Mills loan; the filing does not report financial results, asset sales, or other trust-wide changes.