CD 2016-CD2 Mortgage Trust: Torchlight replaces CWCapital as special servicer

What happened CD 2016-CD2 Mortgage Trust filed an 8-K reporting that, effective Oct 14, 2026, Torchlight Loan Services, LLC will act as special servicer for the Prudential Plaza mortgage loan and each related pari passu and/or subordinate promissory note (collectively, the "Applicable Non-Serviced Loan Combination"), replacing CWCapital Asset Management LLC. Torchlight was appointed at the direction of CMBS CCR, LLC, the directing holder under the pooling and servicing agreement for the COMM 2015-CCRE26 securitization (the "Applicable PSA").

As special servicer for the Applicable Non-Serviced Loan Combination, Torchlight will be responsible for the servicing and administration of the Applicable Non-Serviced Loan Combination if it becomes specially serviced (and the servicing and administration of any related REO property) and for processing and performing certain reviews of material actions with respect to the Applicable Non-Serviced Loan Combination when it is not specially serviced. Servicing will continue to be governed by the Applicable PSA.

Key details

• Effective date: Oct 14, 2026.
• New special servicer: Torchlight Loan Services, LLC; replaced: CWCapital Asset Management LLC.
• Asset: Prudential Plaza mortgage loan and related pari passu and/or subordinate promissory notes (the Applicable Non-Serviced Loan Combination).
• Appointment made at the direction of CMBS CCR, LLC; servicing governed by the pooling and servicing agreement for COMM 2015-CCRE26.

Why it may matter This filing reports Item 8.01 (Other Events), which covers an update about the appointment of a special servicer for an asset in the trust and the scope of that servicer's responsibilities under the Applicable PSA. The filing does not show why the insider traded or why the company acted.