Morgan Stanley Capital I Trust 2020-L4 Appoints New Special Servicer

What Happened

• Morgan Stanley Capital I Trust 2020-L4 filed an 8-K (Item 8.01) reporting that, effective September 10, 2026, Torchlight Loan Services, LLC will act as special servicer for the 545 Washington Boulevard mortgage loan and related pari passu and/or subordinate promissory notes (the “Applicable Non-Serviced Loan Combination”).
• Torchlight replaces CWCapital Asset Management LLC as special servicer. The appointment was made at the direction of BNK 25 CCR, LLC, the directing certificateholder under the pooling and servicing agreement (the “Applicable PSA”) for the BANK 2020-BNK25 securitization.

Key Details

• Effective date: September 10, 2026.
• Loan: 545 Washington Boulevard mortgage loan and related pari passu/subordinate promissory notes.
• New special servicer: Torchlight Loan Services, LLC; prior special servicer: CWCapital Asset Management LLC.
• Appointment directed by BNK 25 CCR, LLC and servicing will continue to be governed by the Applicable PSA.

Why It Matters

• A change in special servicer affects who handles workout decisions, foreclosure/REO management, and other loss-mitigation actions if the loan becomes specially serviced. Torchlight will also perform certain reviews and administrative tasks when the loan is not specially serviced.
• The filing does not report changes to loan terms, cash flows to certificateholders, or the governing PSA; it simply documents the servicer appointment directed by the certificateholder. Investors should monitor future filings for any material actions or performance updates related to this loan.