Morgan Stanley Bank of America Merrill Lynch Trust 2026-C36 Files PSA

What Happened
Morgan Stanley Bank of America Merrill Lynch Trust 2026‑C36 (the Issuing Entity) filed an 8‑K (Item 1.01) disclosing the issuance of Commercial Mortgage Pass‑Through Certificates and the Pooling and Servicing Agreement (PSA) governing them. The Certificates back a trust formed August 26, 2026, whose primary assets are 31 fixed‑rate mortgage loans secured by 57 multifamily, commercial, manufactured housing community and cooperative properties. Two loans (Arizona Mills and Orchard at Saddleback) are part of whole loans that include pari passu companion loans not held by this trust; after securitization of the companion pari passu A‑1 notes on August 31, 2026, those whole loans are being serviced under a separate BMO 2026‑C15 PSA and an Intercreditor Agreement.

Key Details

• Issuance/formation dates: Trust formed and Certificates issued August 26, 2026; related pari passu note A‑1 securitizations occurred August 31, 2026.
• Pooling & Servicing Agreement parties: Depositor — Banc of America Merrill Lynch Commercial Mortgage Inc.; master servicer — Trimont LLC; special servicer — Argentic Services Company LP; certificate administrator — Computershare Trust Company, N.A.; trustee — Deutsche Bank National Trust Company.
• Loan/asset counts: 31 mortgage loans securing 57 properties (multifamily, commercial, manufactured housing community, residential cooperative).
• Servicing fee terms (for loans moved to the BMO 2026‑C15 PSA): primary servicing fee = 0.00125% p.a.; special servicing fee = 0.25% p.a. (monthly, with $5,000 monthly minimum); workout fee = 1.0% of each post‑workout payment (cap $1,000,000; floor $25,000); liquidation fee = 1.0% of net liquidation proceeds (same cap/floor).

Why It Matters
This filing tells investors who manages and services the loans backing the trust certificates and clarifies that two trust loans are being administered under a different PSA after related securitizations. Servicer identities and fee structures (including special‑servicer fees, workout and liquidation fee caps/floors) can affect recoveries and cash flows available to certificateholders; investors should review these arrangements and the Prospectus section cited for details when assessing risk and expected returns.