Wells Fargo Commercial Mortgage Trust 2025-5C3 Reports Special Servicer Change

What Happened

• The trust filed an 8-K (Item 8.01) to report that The Outlet Collection Seattle Mortgage Loan — which represented about 2.1% of the issuing entity’s asset pool as of the cut-off date — is now part of a loan combination being administered under the BMO 2024-5C8 Pooling and Servicing Agreement (PSA).
• Pursuant to Section 6.08(a) of that PSA (dated December 1, 2024), Greystone Servicing Company LLC was removed as special servicer of the Outlet Collection Seattle loan and CWCapital Asset Management LLC (CWCAM) was appointed successor special servicer. The change is effective July 29, 2026. CWCAM’s servicing office is listed at 900 19th Street NW, 8th Floor, Washington, D.C. 20006.

Key Details

• The Outlet Collection Seattle Mortgage Loan comprised ~2.1% of the issuing entity’s asset pool (cut-off date basis).
• Special servicer change made under the BMO 2024-5C8 PSA (PSA dated Dec. 1, 2024; referenced in registrant’s Jan. 14, 2025 8-K).
• Removed special servicer: Greystone Servicing Company LLC. Successor special servicer: CWCapital Asset Management LLC (effective July 29, 2026).

Why It Matters

• Special servicers handle troubled loans, workouts and enforcement actions; a change can affect how a specific loan is managed if special servicing is required.
• The loan represents a small portion (~2.1%) of the trust’s pool, so immediate material impact on overall cash flows is unlikely, but investors should note the administrative change and monitor any future notices about loan performance or special servicing activity.
• This report documents the administrative succession under the PSA and provides contact/location details for the successor special servicer.