Wells Fargo Commercial Mortgage Trust 2014-LC18·8-K

Jul 10, 11:21 AM ET

Compare

Wells Fargo Commercial Mortgage Trust 2014-LC18 8-K

Research Summary

AI-generated summary

Updated

Wells Fargo Commercial Mortgage Trust 2014-LC18: Special Servicer Change

What Happened Wells Fargo Commercial Mortgage Trust 2014-LC18 filed an 8-K (Item 6.02) reporting a change in the special servicer for the Colorado Mills Mortgage Loan. Effective July 10, 2026, CWCapital Asset Management LLC was removed as special servicer and Rialto Capital Advisors, LLC (RCA) was appointed successor special servicer under the WFRBS 2014-C25 pooling and servicing agreement (PSA).

Key Details

  • The Colorado Mills Mortgage Loan represented approximately 3.2% of the issuing entity’s asset pool as of its cut-off date.
  • The change was made pursuant to Section 6.05(a) of the WFRBS 2014-C25 PSA (the PSA is referenced in prior filings).
  • Effective date: July 10, 2026.
  • Successor special servicer: Rialto Capital Advisors, LLC (principal office: Southeast Financial Center, 200 S. Biscayne Blvd., Suite 3550, Miami, FL 33131).

Why It Matters This filing documents an administrative change in who will handle special servicing duties for a specific loan that makes up a modest portion (~3.2%) of the trust’s assets. For investors, the appointment of a new special servicer matters mainly if the Colorado Mills loan becomes distressed or requires workout/enforcement actions; the special servicer is responsible for those activities. The filing does not report any changes to other servicers, trustees, or to the trust’s cash flow or distributions.

Loading document...