BANK 2018-BNK14·8-K

Apr 2, 12:42 PM ET

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BANK 2018-BNK14 8-K

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BANK 2018-BNK14 Reports Special Servicer Change for 685 Fifth Ave Loan

What Happened BANK 2018-BNK14 filed an 8-K on April 2, 2026 announcing that CWCapital Asset Management LLC (CWCAM) will replace LNR Partners, LLC as the special servicer for the 685 Fifth Avenue Retail Non-Serviced Loan Combination (the retail mortgage and related pari passu/subordinate promissory notes). CWCAM was appointed at the direction of RX IV CMBS, LP, the directing certificateholder under the BANK 2018-BNK15 pooling and servicing agreement (PSA). Servicing remains governed by the BANK 2018-BNK15 PSA.

Key Details

  • Effective date: April 2, 2026.
  • New special servicer: CWCapital Asset Management LLC (CWCAM); prior special servicer: LNR Partners, LLC.
  • Appointment directed by: RX IV CMBS, LP (directing certificateholder under the BANK 2018-BNK15 PSA).
  • CWCAM’s responsibilities: service and administration if the loan becomes specially serviced, manage any related REO, and process/review certain material actions when not specially serviced.

Why It Matters A change in the special servicer affects who handles workout efforts, loss mitigation, and REO management for the 685 Fifth Avenue Retail loan. For certificateholders and investors, the filing confirms who will execute servicing decisions under the BANK 2018-BNK15 PSA going forward and documents the directing certificateholder’s instruction to appoint CWCAM. This is an operational change rather than a change to the governing PSA or the underlying loan terms.

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