JPMDB Commercial Mortgage Securities Trust 2016-C4 8-K
Research Summary
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JPMDB Commercial Mortgage Securities Trust 2016-C4: Special Servicer Change
What Happened
- The trust filed an 8-K (Item 8.01) reporting that the Moffett Gateway Mortgage Loan — which represented approximately 3.8% of the issuing entity’s asset pool as of the cut-off date — will be specially serviced, if necessary, under the JPMCC 2016-JP4 pooling and servicing agreement.
- Pursuant to Section 7.01(d) of the JPMCC 2016-JP4 PSA, LNR Partners, LLC was removed as special servicer and Green Loan Services LLC was appointed successor special servicer for the Moffett Gateway Mortgage Loan, effective March 19, 2026. Green Loan’s principal special servicing office is 1 Vanderbilt Avenue, New York, NY 10017; phone (212) 594-2700.
Key Details
- Moffett Gateway Mortgage Loan represented ~3.8% of the asset pool (as of cut-off date).
- Change effected under the JPMCC 2016-JP4 PSA (pooling and servicing agreement dated Dec 1, 2016).
- Successor special servicer: Green Loan Services LLC; predecessor: LNR Partners, LLC.
- Effective date: March 19, 2026.
Why It Matters
- A special servicer change can affect how a distressed or defaulted loan is managed or enforced; this filing records who has that authority for the Moffett Gateway Loan going forward.
- The loan is a modest portion (~3.8%) of the trust’s collateral, so the change is likely limited in scope but important for noteholders monitoring loan-level servicing and enforcement actions.
- Investors tracking servicer relationships or workout strategies for specific loans should note the new servicer and contact details.
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