GS Mortgage Securities Trust 2018-GS9 8-K
Research Summary
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GS Mortgage Securities Trust 2018‑GS9 Appoints New Special Servicer
What Happened
- GS Mortgage Securities Trust 2018‑GS9 filed a Form 8‑K (Item 6.02) reporting a change of special servicer. Effective January 8, 2026, Rialto Capital Advisors, LLC was removed as special servicer for the Twelve Oaks Mall Mortgage Loan and Torchlight Loan Services, LLC was appointed as successor under the trust’s Pooling and Servicing Agreement dated March 1, 2018. The Twelve Oaks Mall Mortgage Loan remains an asset of the issuing entity.
Key Details
- The Twelve Oaks Mall Mortgage Loan represented approximately 7.5% of the issuing entity’s asset pool as of the cut‑off date.
- Servicer change made pursuant to Section 7.01(d) of the GSMS 2018‑GS9 PSA.
- Effective date: January 8, 2026 (filing date of this Current Report on Form 8‑K).
- Successor special servicer: Torchlight Loan Services, LLC (executive office: 90 Park Avenue, 20th Floor, New York, NY 10016; phone: 212‑883‑2800).
Why It Matters
- A special servicer handles loans that require special attention (e.g., workouts, modifications, enforcement); a change can affect how that loan is managed going forward.
- The loan remains part of the trust’s collateral (no removal or sale reported), but investors tracking credit performance or potential recovery actions on the Twelve Oaks Mall loan should note the new special servicer and effective date.