Benchmark 2025-V16 Mortgage Trust Reports Special Servicer Change

What Happened
Benchmark 2025-V16 Mortgage Trust filed an 8-K (Item 8.01) announcing that, effective September 1, 2026, Greystone Servicing Company LLC sold and conveyed substantially all assets of its special servicing division to C‑IV Asset Management LLC. C‑IV has assumed all duties and responsibilities of Greystone as special servicer under the BMARK 2025-V14 Pooling and Servicing Agreement (PSA) that governs servicing of The Link mortgage loan, an asset of the Issuing Entity. An Assignment and Assumption Agreement (Special Servicing), dated September 1, 2026, was attached as Exhibit 20.1.

Key Details

• Effective date: September 1, 2026.
• Transfer: Greystone Servicing Company LLC sold substantially all assets of its special servicing division to C‑IV Asset Management LLC.
• Responsibility: C‑IV has assumed all special servicer duties under the BMARK 2025‑V14 PSA for The Link mortgage loan (an asset of Benchmark 2025‑V16).
• Filing: The Assignment and Assumption Agreement (Special Servicing) is filed as Exhibit 20.1 to the 8-K.

Why It Matters
A change in the special servicer means a different firm (C‑IV) will handle trouble-shooting, enforcement and other special servicing functions for the referenced mortgage loan under the PSA. The filing does not state any change to payment terms, borrower obligations, or expected cash flows for certificateholders, nor does it disclose financial impacts. Investors should note the effective date and the new servicer name and review the Exhibit 20.1 assignment for contract specifics if they want more detail.