BANK 2021-BNK36 Announces Special Servicer Change to C‑IV Asset Management

What Happened BANK 2021-BNK36 filed an 8-K reporting that C‑IV Asset Management LLC (C‑IV AM) will act as the special servicer for the McDonald's Global HQ Mortgage Loan under the BANK 2020-BNK30 pooling and servicing agreement. The change follows Greystone Servicing Company LLC’s sale on September 1, 2026 of substantially all assets of its special servicing division to C‑IV AM; C‑IV AM assumed the special servicing duties and liabilities arising after the closing. C‑IV AM is a wholly owned subsidiary of C‑IV Capital Partners LLC and has existing special servicer ratings from Morningstar DBRS (“MOR CS2”), Fitch (“CSS2”), and is on S&P’s Select Servicer list (ranked “Average; Ranking Watch Positive”).

Key Details

• Effective date of transfer: September 1, 2026 (sale of Greystone’s special servicing assets to C‑IV AM).
• Greystone named special servicer as of June 30, 2026: ~60 transactions, ~1,928 first‑lien loans, aggregate stated principal ≈ $20.7 billion.
• As of June 30, 2026, Greystone had ~108 assets in active special servicing with aggregate stated principal ≈ $2.1 billion.
• C‑IV AM track record: since 2002 has resolved or participated in resolution of 6,017 assets with aggregate principal ≈ $60.7 billion; its CMBS named portfolio unpaid principal balance was ≈ $20.7 billion as of 6/30/2026, with actively specially serviced balance ≈ $2.1 billion.
• Continuity: substantially all key Greystone special servicing employees moved to C‑IV AM and continue performing the same duties. C‑IV AM does not expect its financial condition to materially affect pool or certificate performance. Information supplied by C‑IV AM; depositor disclaims independent verification.

Why It Matters This filing notifies certificateholders and investors that responsibility for special servicing of the named mortgage loan has moved to a different servicer—important because the special servicer handles problem loans, workouts, enforcement and liquidation actions that affect recoveries. The transfer includes most experienced staff from Greystone and C‑IV AM’s published ratings and historical portfolio statistics, which may signal continuity in servicing practices and capability to manage distressed assets. The filing does not report any servicer defaults, material litigation against C‑IV AM, or expected adverse financial impact on the pool from the transfer.