Benchmark 2022-B37 Mortgage Trust Appoints C‑IV AM as Special Servicer

What Happened
Benchmark 2022‑B37 Mortgage Trust filed an 8‑K (filed Sept 2, 2026) reporting that C‑IV Asset Management LLC ("C‑IV AM") will act as the special servicer for the Katy Mills Mortgage Loan under the BANK 2022‑BNK43 pooling and servicing agreement. The change follows Greystone Servicing Company LLC’s sale of substantially all assets of its special servicing division to C‑IV AM, which closed on Sept 1, 2026; C‑IV AM assumed the special servicing duties and liabilities arising after that closing. Substantially all key special‑servicing employees moved from Greystone to C‑IV AM and will continue performing the same duties.

Key Details

• Effective date: Sept 1, 2026 (Sale Transaction); 8‑K filed Sept 2, 2026.
• Ratings and recognition: C‑IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch), on S&P’s Select Servicer list and ranked "Average; Ranking Watch Positive" by S&P.
• Scale/experience: Since 2002 through 6/30/2026, C‑IV AM (including predecessors) resolved or participated in resolution of 6,017 assets with aggregate principal ≈ $60.7 billion.
• Portfolio metrics (C‑IV AM named specially serviced CMBS pools): as of 6/30/2026 — ~60 pools, aggregate unpaid principal ≈ $20,697.8 million; actively specially serviced loans ≈ $2,106.5 million.
• Operational notes: C‑IV AM does not expect its financial condition to materially affect servicing performance, has business continuity plans and documented policies, and currently has no material pending litigation affecting certificateholders.

Why It Matters
A change in the special servicer can affect how troubled loans are handled (workouts, liquidations, payoffs) and therefore can influence recovery outcomes for certificateholders. This filing shows an organized transition: the special servicing unit and most staff moved from Greystone to C‑IV AM, and C‑IV AM brings industry ratings, substantial experience, and a large precedent portfolio. For investors, the filing provides factual assurance of continuity of operations and the servicer’s credentials, while noting C‑IV AM has limited advancing obligations and no known material legal issues that would impede its servicing duties.