Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31 8-K

What Happened

• The trust filed a Form 8-K on July 9, 2026, announcing a special servicer change for the MY Portfolio Mortgage Loan. Greystone Servicing Company LLC was removed as special servicer and Midland Loan Services, a division of PNC Bank, N.A. ("Midland"), was appointed successor special servicer under the CSMC 2016-NXSR pooling and servicing agreement (dated Dec. 1, 2016). The MY Portfolio Mortgage Loan represents approximately 1.0% of the issuing entity's asset pool as of the cut-off date.

Key Details

• Filing date / effective date: July 9, 2026.
• Loan: "MY Portfolio Mortgage Loan" — part of a loan combination administered under the CSMC 2016-NXSR PSA.
• Size: ~1.0% of the issuing entity's asset pool as of the cut-off date.
• New special servicer: Midland Loan Services, A Division of PNC Bank, N.A.; principal servicing office at 10851 Mastin Street, Building 82, Suite 300, Overland Park, KS 66210.

Why It Matters

• This 8-K documents a change in the party responsible for special servicing of a loan in the trust. For investors, a special servicer change can affect how defaulted or troubled loans are handled, but the filing does not report any changes to payments, collateral values, or other trust-wide financial terms. The disclosed loan is a small portion (about 1%) of the pool, and the notice is primarily a transaction management update required under the servicing agreement.