8-KFiled Jul 28, 8:00 PM ET

Benchmark 2025‑V13 Mortgage Trust: Special Servicer Change

Benchmark 2025-V13 Mortgage Trust

Research Summary

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Benchmark 2025‑V13 Mortgage Trust: Special Servicer Change

What Happened
Benchmark 2025‑V13 Mortgage Trust filed an 8‑K on July 29, 2026 reporting that Greystone Servicing Company LLC has been terminated as special servicer for two whole loans (Woodland Mall and Colony Square) and that CWCapital Asset Management LLC has been appointed successor special servicer, effective July 29, 2026. These loans are assets of the Issuing Entity and are governed by the BMO 2024‑5C8 Pooling and Servicing Agreement (PSA). An Acknowledgment and Assumption of Proposed Special Servicer dated July 29, 2026 is filed as Exhibit 20.1.

Key Details

  • Loans affected: Woodland Mall whole loan and Colony Square whole loan (assets of the Issuing Entity).
  • Effective date of change: July 29, 2026.
  • Prior special servicer: Greystone Servicing Company LLC; successor special servicer: CWCapital Asset Management LLC.
  • Governing document: BMO 2024‑5C8 PSA (referenced as governing the BMO 2024‑5C8 Mortgage Trust); related acknowledgment filed as Exhibit 20.1.
  • Form 8‑K signed by Citigroup Commercial Mortgage Securities Inc. (Depositor) /s/ Richard Simpson, President.

Why It Matters
The special servicer handles workout, default management, and enforcement actions for troubled commercial mortgage loans. A change in special servicer can affect how the Woodland Mall and Colony Square loans are managed going forward, which may influence recoveries or cash flows related to those loans for certificate holders. The filing does not disclose any monetary terms or indicate changes to loan performance; investors should watch for future notices or reports from the servicer or trustee for operational or financial updates.