Benchmark 2018-B7 Mortgage Trust 8-K
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Benchmark 2018-B7 Mortgage Trust: Special Servicer Change for Aon Loan
What Happened
Benchmark 2018-B7 Mortgage Trust filed an 8-K (Item 8.01) to disclose that, effective April 14, 2026, Situs Holdings, LLC resigned as special servicer for the Aon Center Mortgage Loan and Argentic Services Company LP ("Argentic") was appointed successor special servicer under the J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-AON Trust and Servicing Agreement (dated June 29, 2018). The Aon Center Mortgage Loan represented approximately 3.7% of the issuing entity’s asset pool as of the cut-off date and is part of a loan combination being administered under that TSA.
Key Details
- The change is effective April 14, 2026, pursuant to Section 6.4(a) of the JPMCC 2018-AON TSA.
- Aon Center Mortgage Loan ≈ 3.7% of the issuing entity’s asset pool (as of cut-off date).
- Situs Holdings, LLC resigned as special servicer; Argentic Services Company LP appointed successor special servicer.
- Argentic contact: 500 North Central Expressway, Suite 261, Plano, Texas 75074; phone 469-609-2000.
Why It Matters
A special servicer is responsible for handling troubled or complex loan administration and workouts. For investors in the trust, the appointment of Argentic could affect how the Aon Center Mortgage Loan is managed if special servicing actions become necessary; the filing simply records the servicer change and does not report new financial results or projections.