JPMCC Commercial Mortgage Securities Trust 2016-JP4·8-K

Mar 19, 2:48 PM ET

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JPMCC Commercial Mortgage Securities Trust 2016-JP4 8-K

Research Summary

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Updated

JPMCC 2016-JP4 Appoints New Special Servicer for Moffett Gateway Loan

What Happened
JPMCC Commercial Mortgage Securities Trust 2016-JP4 filed an 8-K (dated March 19, 2026) to report that LNR Partners, LLC was removed and Green Loan Services LLC was appointed successor special servicer for the Moffett Gateway Mortgage Loan under the trust’s Pooling and Servicing Agreement (dated December 1, 2016). The Moffett Gateway loan represented approximately 6.0% of the issuing entity’s asset pool as of the cut-off date. The change is effective March 19, 2026.

Key Details

  • The action was taken pursuant to Section 7.01(d) of the JPMCC 2016-JP4 Pooling and Servicing Agreement (PSA).
  • Moffett Gateway Mortgage Loan = ~6.0% of the trust’s asset pool (as of cut-off date).
  • Successor special servicer: Green Loan Services LLC (principal office: 1 Vanderbilt Ave, New York, NY 10017; phone (212) 594-2700).
  • Former special servicer removed: LNR Partners, LLC; filing records the effective date of the servicing change as March 19, 2026.

Why It Matters
Special servicers handle loans that may require special management, workout, or enforcement actions. For investors in this commercial mortgage securitization, the appointment of Green Loan as successor special servicer is a material operational update because the Moffett Gateway loan makes up a noticeable portion (~6%) of the trust’s assets. The 8-K is a record of the servicing change; it does not itself state any new loan modifications, defaults, or changes in cash flow.

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