CSAIL 2015-C3 Commercial Mortgage Trust 8-K

What Happened

• The trust filed an Item 6.04 8-K reporting a failure to make (and then correct) a required distribution. The Certificate Administrator made distributions on the December 17, 2025 Distribution Date, but after the Master Servicer notified the Administrator on January 14, 2026 of funds received from the liquidation of the Westfield Wheaton Mortgage Loan (Loan No. 4) and realized losses, the trust made supplemental payments on January 20, 2026.
• Supplemental payments included large additional principal and interest amounts to several certificate classes and an allocation of realized losses to the Class NR certificates.

Key Details

• Original distribution date: December 17, 2025; Master Servicer notification: January 14, 2026; supplemental payments made: January 20, 2026.
• Additional principal to Class A‑S: $79,164,582.73.
• Additional principal to Class B: $4,620,096.66.
• Additional interest to Class F: $171,207.41; additional interest to Class NR: $309,174.23.
• Realized losses of $13,215,320.61 were applied to the Class NR certificates following the Westfield Wheaton loan liquidation.

Why It Matters

• For investors, this filing means cash flows originally paid on December 17, 2025 were adjusted after liquidation proceeds and losses were confirmed — some classes received sizeable supplemental principal or interest, while the Class NR holders absorbed a large realized loss.
• The adjustment affects the timing and amount of payments to certificateholders and reduces the principal value allocated to Class NR certificates; it also records that collateral (the Westfield Wheaton loan) was liquidated and produced both proceeds and losses.
• This 8-K is a formal notice of the distribution correction; holders should review their class exposure (especially NR) and any trust reports for further accounting or valuation impacts.