CMBS special servicer
C-IV Asset Management
The latest distribution reports of 6 public CMBS trusts name C-IV Asset Management as their general special servicer. Those trusts hold $4.2B of loans, 3.4% of it with a special servicer.
These are trust-level parties. A loan split across several trusts is serviced under one of their agreements, and some loans have a servicer of their own, so the firm a trust names is not always the servicer of a given loan. cmbs.news names a loan's special servicer only where one note in one trust holds the loan whole and that trust's report names exactly one: 3 loans in these trusts meet that rule, and for each cmbs.news names C-IV Asset Management.
Special servicing in these trusts
5 loans with a piece in these trusts are with a special servicer in the October 2026 filings. 2 of them moved to special servicing in the 12 months to October 2026, and 2 loans in these trusts went back to the master servicer in that time.
| Workout strategy reported | Loans | Balance in these trusts |
|---|---|---|
| Bankruptcy | 2 | $52.0M |
| TBD | 1 | $47.0M |
| Foreclosure | 2 | $44.1M |
The loans with a special servicer
All 5, largest first.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 188 Spear Street | San Francisco, CA | Office | $125.0M | 3.57% | Jun 2029 | 3.57x | 97% | With the special servicer |
| 1166 Avenue of the Americas | New York, NY | Office | $85.0M | 5.279% | Feb 2027 | -0.25x | 36% | With the special servicer and 90+ days delinquent |
| Shoreline Apartments and 1 other property | Tulsa, OK | Multifamily | $35.5M | 6.76% | Mar 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Tesla Long Beach | Long Beach, CA | Retail | $16.5M | 6.82% | Feb 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| 4520 S Drexel Boulevard | Chicago, IL | Multifamily | $15.4M | 6.15% | Jun 2032 | 1.00x | 85% | With the special servicer and 90+ days delinquent |
Balances in this list are whole loans; the totals above count only these trusts' pieces.
The 6 trusts that name C-IV Asset Management special servicer
Master servicer: Midland Loan Services (3)
Master servicer: Trimont (2)
Master servicer not read yet (1)
Servicer names are as each trust's latest Form 10-D distribution report prints them, filed October 26, 2026 to October 30, 2026, with a firm's spellings grouped; each trust's page links its report. Loan figures are from the trusts' ABS-EE filings for October 2026. Trusts whose servicers cmbs.news does not read yet are not counted here; the servicers page lists them with every firm the trusts name.
Following these trusts?
Pro shows every row of every list, with a CSV. Save the specially serviced loans in these trusts as a screen and get an email, usually the morning after a filing lands, when one of them changes.