BMO 2025-5C10 Mortgage Trust Announces Special Servicer Transfer

What Happened
The BMO 2025-5C10 Mortgage Trust filed an 8-K on September 1, 2026 announcing that the special servicer role for a trust asset—the mortgage loan secured by Redmond Town Center and Las Olas City Centre—has changed hands. Greystone Servicing Company LLC sold and conveyed substantially all assets of its special servicing division to C‑IV Asset Management LLC, and C‑IV has assumed all duties and responsibilities as special servicer under the BMARK 2025‑V14 pooling and servicing agreement (PSA). An Assignment and Assumption Agreement (Special Servicing), dated September 1, 2026, is attached as Exhibit 20.1 to the filing.

Key Details

• Effective date of transfer: September 1, 2026.
• Assets affected: the mortgage loan for Redmond Town Center and Las Olas City Centre held by the Issuing Entity.
• Special servicer change: from Greystone Servicing Company LLC to C‑IV Asset Management LLC.
• Governing agreement: servicing is governed by the BMARK 2025‑V14 PSA (related PSA exhibits were previously filed with the Trust’s Form 8‑K filings).
• Supporting document: Assignment and Assumption Agreement (Special Servicing) filed as Exhibit 20.1.

Why It Matters
The special servicer handles workout decisions, enforcement and recovery actions for troubled or non‑routine loans. A change in special servicer can affect how the loan is managed and how recovery efforts are executed, though the filing does not report any change to loan performance, cash flows or financial results. Investors should note the effective date and review the Assignment and Assumption Agreement and the PSA for details on any changes in procedures or contact points, and monitor future filings for updates on loan status or material financial impact.