CMBS master and special servicer
Midland Loan Services
The latest distribution reports of 27 public CMBS trusts name Midland Loan Services as their general special servicer. Those trusts hold $16.9B of loans, 9.5% of it with a special servicer. 158 trusts name it master servicer, for $119.0B of loans, 4.5% of it delinquent and 7.0% 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: 36 loans in these trusts meet that rule, and for each cmbs.news names Midland Loan Services.
Special servicing in these trusts
61 loans with a piece in these trusts are with a special servicer in the October 2026 filings. 26 of them moved to special servicing in the 12 months to October 2026, and 7 loans in these trusts went back to the master servicer in that time.
| Workout strategy reported | Loans | Balance in these trusts |
|---|---|---|
| TBD | 15 | $401.5M |
| Foreclosure | 16 | $366.7M |
| Modification | 7 | $288.3M |
| Other | 11 | $270.1M |
| REO | 5 | $161.2M |
| Full Payoff | 2 | $29.0M |
| Note sale | 1 | $25.0M |
| Pending return to master servicer | 2 | $21.9M |
| Bankruptcy | 1 | $18.2M |
| DPO | 1 | $17.2M |
The loans with a special servicer
The 25 largest of 61. Open this list in the screener to sort and narrow it. The free screener shows the first 25 rows of a report; Pro shows every row, with a CSV.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Parkmerced | San Francisco, CA | Multifamily | $260.0M | 2.725% | Dec 2024 | 0.84x | 80% | Past maturity and not performing |
| 85 Broad Street | New York, NY | Office | $241.0M | 3.413% | Jun 2027 | 2.28x | 62% | With the special servicer |
| Saint Louis Galleria | Saint Louis, MO | Retail | $228.7M | 4.997% | Nov 2028 | 1.00x | 86% | With the special servicer |
| Fresno Fashion Fair Mall | Fresno, CA | Retail | $225.0M | 3.587% | Nov 2026 | 2.16x | 94% | With the special servicer |
| Key Center Cleveland | Cleveland, OH | Mixed use | $182.0M | 5.31% | Feb 2027 | 1.84x | 89% | With the special servicer |
| U.S. Steel Tower | Pittsburgh, PA | Office | $160.0M | 3.683% | Jun 2026 | 2.51x | 73% | Past maturity and not performing |
| 681 Fifth Avenue | New York, NY | Mixed use | $135.0M | 4.127% | Nov 2026 | 0.16x | 66% | With the special servicer and 90+ days delinquent |
| 16 Court Street | Brooklyn, NY | Office | $111.0M | 4.171% | Nov 2027 | 0.94x | 48% | With the special servicer and 90+ days delinquent |
| The Colonnade Office Complex | Addison, TX | Office | $105.0M | 4.568% | Feb 2024 | 2.51x | 70% | Past maturity and not performing |
| D.C. Office Portfolio | DC | Office | $103.0M | 4.758% | Mar 2027 | 0.97x | 61% | With the special servicer |
| Larkspur Landing Sunnyvale and 64 other properties | Sunnyvale, CA | Hotel | $100.4M | 4.486% | Jun 2027 | n/a | n/a | With the special servicer |
| Tryad Industrial & Business Center | Rochester, NY | Industrial | $96.9M | 5.021% | Jan 2028 | -0.03x | 53% | With the special servicer and 90+ days delinquent |
| 181 West Madison Street | Chicago, IL | Office | $84.4M | 3.90% | Dec 2026 | 1.63x | 86% | With the special servicer |
| JW Marriott Chicago | Chicago, IL | Hotel | $79.3M | 4.044% | Aug 2022 | 1.32x | 71% | Past maturity and not performing |
| 315-325 W 36th Street | New York, NY | Office | $77.0M | 4.505% | Mar 2028 | -0.74x | 2% | With the special servicer and 90+ days delinquent |
| Hilton Cincinnati Netherland Plaza | Cincinnati, OH | Hotel | $69.4M | 5.35% | Nov 2024 | -0.30x | n/a | Past maturity and not performing |
| 29903 Agoura Property and 4 other properties | Agoura, CA | Office | $67.2M | 4.193% | Feb 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Ellsworth Place | Silver City, MD | Retail | $64.5M | 5.01% | Aug 2028 | 1.31x | 91% | With the special servicer and 90+ days delinquent |
| DUMBO Heights Portfolio | NY | Office | $63.8M | 4.05% | Sep 2026 | 2.95x | 75% | Past maturity and not performing |
| 200 Park Avenue and 3 other properties | Florham Park, NJ | Office | $62.5M | 5.082% | Feb 2028 | n/a | n/a | With the special servicer |
| Dominion Tower | Norfolk, VA | Office | $57.2M | 5.29% | Jan 2029 | 1.34x | 66% | With the special servicer |
| 12655 West Jefferson Blvd and 1 other property | Playa Vista, CA | Office | $54.0M | 3.925% | Oct 2029 | n/a | n/a | With the special servicer |
| 2U Headquarters | Lanham, MD | Office | $50.6M | 4.45% | Nov 2027 | -0.44x | n/a | With the special servicer and 90+ days delinquent |
| Greenleaf at Howell | Howell, NJ | Retail | $44.4M | 5.10% | May 2029 | 0.75x | 75% | With the special servicer |
| Hilton Garden Inn Nashville Smyrna and 3 other properties | Smyrna, TN | Hotel | $42.6M | 5.00% | Aug 2028 | n/a | n/a | With the special servicer |
Balances in this list are whole loans; the totals above count only these trusts' pieces.
Payment status in the trusts it master services
| Status in the October 2026 filings | Loans | Balance in these trusts |
|---|---|---|
| Current | 4,325 | $109.9B |
| In grace period or not yet due | 22 | $806.8M |
| Late, under 30 days | 88 | $2.5B |
| 30 to 59 days delinquent | 29 | $474.2M |
| 60 to 89 days delinquent | 19 | $345.3M |
| 90 or more days delinquent | 133 | $3.7B |
| Past maturity, still paying | 7 | $335.8M |
| Past maturity, not paying | 26 | $881.6M |
Fully defeased loans are left out. A loan split across trusts counts once, at these trusts' pieces of it.
Delinquent, not yet with a special servicer
The 15 largest of 24. Each trust's page lists every loan it holds, and a CSV of any trust's loans comes with Pro.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| The Hollywood Collection | Los Angeles, CA | Retail | $49.7M | 6.68% | Jul 2035 | 1.31x | 68% | Delinquent |
| 88 North 1st Street | Brooklyn, NY | Multifamily | $43.2M | 6.31% | Oct 2029 | 1.19x | 100% | Delinquent |
| Courtyard By Marriott San Antonio Riverwalk | San Antonio, TX | Hotel | $27.8M | 5.35% | Jan 2029 | 2.23x | 63% | Delinquent |
| 65 4th Avenue | Brooklyn, NY | Multifamily | $21.0M | 6.468% | Oct 2029 | 1.26x | 100% | Delinquent |
| Sawmill Plaza | Columbus, OH | Retail | $18.4M | 5.63% | May 2032 | 1.72x | 96% | Delinquent |
| 5800 Uplander | Culver City, CA | Office | $14.6M | 3.938% | Jul 2031 | 2.57x | 100% | Delinquent |
| 245 North 8th Street and 1 other property | Brookyln, NY | Multifamily | $11.7M | 3.89% | Sep 2030 | n/a | n/a | Delinquent |
| The Hanna Building | Portland, OR | Office | $10.8M | 6.722% | Jun 2031 | n/a | n/a | Delinquent |
| The Bedford Apts | Jersey City, NJ | Multifamily | $10.8M | 5.95% | Apr 2030 | 0.90x | 93% | Delinquent |
| Mission Promenade | Pomona, CA | Mixed use | $10.4M | 3.921% | Jun 2031 | 1.81x | 69% | Delinquent |
| At&t Chicago | Chicago, IL | Office | $10.2M | 3.665% | Jan 2032 | 3.52x | 100% | Delinquent |
| La Quinta Houston Columbus and 1 other property | Columbus, TX | Hotel | $8.6M | 5.20% | Mar 2029 | n/a | n/a | Delinquent |
| Bloomfield Gardens Apartments | Rome, NY | Multifamily | $8.0M | 6.82% | Sep 2035 | n/a | n/a | Delinquent |
| Urbane 424 | Burlington, IA | Multifamily | $7.6M | 6.48% | Dec 2030 | 1.04x | 96% | Delinquent |
| 475 Grand Street | Brooklyn, NY | Multifamily | $6.7M | 4.09% | Apr 2031 | 2.00x | 100% | Delinquent |
The 27 trusts that name Midland Loan Services special servicer
Master servicer: Midland Loan Services (16)
- Benchmark 2021-B24 Mortgage Trust
- JPMDB CMST 2020-COR7
- Benchmark 2020-IG1 Mortgage Trust
- UBS CMT 2019-C16
- JPMDB CMST 2019-COR6
- JPMCC CMST 2019-COR5
- JPMCC CMST 2019-COR4
- UBS CMT 2018-C8
- UBS CMT 2018-C13
- COMM 2018-COR3 Mortgage Trust
- UBS CMT 2017-C3
- UBS CMT 2017-C2
- COMM 2017-COR2 Mortgage Trust
- Citigroup CMT 2017-C4
- CCUBS CMT 2017-C1
- CFCRE 2016-C7 Mortgage Trust
Master servicer: Trimont (10)
- BMO 2024-5C3 Mortgage Trust
- BANK5 2024-5YR9
- BANK5 2024-5YR11
- BANK 2021-BNK38
- BANK 2021-BNK34
- BANK 2020-BNK30
- BANK 2019-BNK17
- MSBAM 2017-C33
- MSBAM 2016-C32
- CSMC 2016-NXSR CMT
Master servicer: Wells Fargo Bank (1)
The 158 trusts that name Midland Loan Services master servicer
Special servicer: LNR Partners (28)
- BBCMS Mortgage Trust 2026-5C42
- BANK5 2026-5YR21
- Benchmark 2025-V13 Mortgage Trust
- BMO 2025-5C11 Mortgage Trust
- BBCMS Mortgage Trust 2025-C39
- Benchmark 2024-V6 Mortgage Trust
- Benchmark 2024-V11 Mortgage Trust
- BMO 2024-5C6 Mortgage Trust
- BBCMS Mortgage Trust 2024-5C31
- Benchmark 2023-B40 Mortgage Trust
- Benchmark 2023-B38 Mortgage Trust
- BMO 2023-C4 Mortgage Trust
- BBCMS Mortgage Trust 2023-5C23
- Morgan Stanley Capital I Trust 2022-L8
- BBCMS Mortgage Trust 2022-C16
- Benchmark 2021-B29 Mortgage Trust
- Benchmark 2021-B28 Mortgage Trust
- GS Mortgage Securities Trust 2020-GSA2
- Benchmark 2020-B21 Mortgage Trust
- Benchmark 2020-B18 Mortgage Trust
- BBCMS Mortgage Trust 2020-C8
- GS Mortgage Securities Trust 2019-GC40
- CSAIL 2019-C16 CMT
- CD 2019-CD8 Mortgage Trust
- Benchmark 2019-B13 Mortgage Trust
- BENCHMARK 2019-B15 MORTGAGE TRUST
- Citigroup CMT 2018-B2
- JPMCC CMST 2017-JP5
Special servicer: Rialto Capital Advisors (28)
- Benchmark 2026-V20 Mortgage Trust
- Wells Fargo CMT 2025-5C6
- BMO 2025-C13 Mortgage Trust
- BMO 2025-5C10 Mortgage Trust
- BANK 2025-BNK49
- Benchmark 2024-V5 Mortgage Trust
- BBCMS Mortgage Trust 2024-C30
- BMO 2023-C6 Mortgage Trust
- BMO 2023-C5 Mortgage Trust
- BBCMS Mortgage Trust 2023-C22
- Benchmark 2022-B37 Mortgage Trust
- BMO 2022-C2 Mortgage Trust
- BBCMS Mortgage Trust 2022-C18
- BBCMS Mortgage Trust 2022-C15
- Benchmark 2021-B25 Mortgage Trust
- BENCHMARK 2021-B31 MORTGAGE TRUST
- Benchmark 2020-B22 Mortgage Trust
- BENCHMARK 2020-B19 MORTGAGE TRUST
- Morgan Stanley Capital I Trust 2019-L2
- CSAIL 2019-C18 CMT
- COMM 2019-GC44 Mortgage Trust
- Citigroup CMT 2019-GC41
- Benchmark 2019-B11 Mortgage Trust
- UBS CMT 2018-C9
- UBS CMT 2018-C14
- JPMCC CMST 2017-JP6
- GS Mortgage Securities Trust 2017-GS5
- CD 2017-CD4 Mortgage Trust
Special servicer: K-Star Asset Management (26)
- Benchmark 2024-V7 Mortgage Trust
- Benchmark 2023-V4 Mortgage Trust
- Benchmark 2023-B39 Mortgage Trust
- Benchmark 2022-B36 Mortgage Trust
- Benchmark 2022-B33 Mortgage Trust
- BMO 2022-C3 Mortgage Trust
- BBCMS Mortgage Trust 2022-C14
- BBCMS Mortgage Trust 2021-C9
- GS Mortgage Securities Trust 2020-GC45
- Benchmark 2020-B17 Mortgage Trust
- BBCMS Mortgage Trust 2020-C6
- Morgan Stanley Capital I Trust 2019-H6
- GS Mortgage Securities Trust 2019-GC42
- CF 2019-CF3 Mortgage Trust
- Benchmark 2019-B14 Mortgage Trust
- BENCHMARK 2019-B12 MORTGAGE TRUST
- BBCMS Mortgage Trust 2019-C3
- UBS CMT 2018-C15
- UBS CMT 2018-C12
- Morgan Stanley Capital I Trust 2018-L1
- BENCHMARK 2018-B3 CMT
- UBS CMT 2017-C5
- JPMDB CMST 2017-C7
- GS Mortgage Securities Trust 2017-GS6
- DBJPM 2017-C6 Mortgage Trust
- CD 2017-CD3 Mortgage Trust
Special servicer: Argentic Services Company (17)
- BBCMS Mortgage Trust 2026-5C40
- Wells Fargo CMT 2025-C65
- MSBAM 2025-C35
- BMO 2025-5C12 Mortgage Trust
- BBCMS Mortgage Trust 2025-C32
- BMO 2024-C9 Mortgage Trust
- BMO 2024-5C4 Mortgage Trust
- Morgan Stanley Capital I Trust 2021-L6
- Morgan Stanley Capital I Trust 2020-L4
- Benchmark 2020-B20 Mortgage Trust
- Benchmark 2020-B16 Mortgage Trust
- Morgan Stanley Capital I Trust 2019-H7
- GS Mortgage Securities Trust 2019-GSA1
- UBS CMT 2018-C11
- Morgan Stanley Capital I Trust 2018-H4
- CSAIL 2018-CX11 CMT
- Morgan Stanley Capital I Trust 2017-H1
Special servicer: Midland Loan Services (16)
- Benchmark 2021-B24 Mortgage Trust
- JPMDB CMST 2020-COR7
- Benchmark 2020-IG1 Mortgage Trust
- UBS CMT 2019-C16
- JPMDB CMST 2019-COR6
- JPMCC CMST 2019-COR5
- JPMCC CMST 2019-COR4
- UBS CMT 2018-C8
- UBS CMT 2018-C13
- COMM 2018-COR3 Mortgage Trust
- UBS CMT 2017-C3
- UBS CMT 2017-C2
- COMM 2017-COR2 Mortgage Trust
- Citigroup CMT 2017-C4
- CCUBS CMT 2017-C1
- CFCRE 2016-C7 Mortgage Trust
Special servicer: CWCapital Asset Management (12)
- Citigroup CMT 2026-MFAM1
- BMO 2026-5C14 Mortgage Trust
- BBCMS Mortgage Trust 2026-M1
- Wells Fargo CMT 2025-5C7
- BBCMS Mortgage Trust 2025-C35
- BMO 2024-5C7 Mortgage Trust
- BMO 2024-5C5 Mortgage Trust
- BENCHMARK 2021-B23 MORTGAGE TRUST
- DBJPM 2020-C9 Mortgage Trust
- Citigroup CMT 2020-GC46
- Benchmark 2018-B8 Mortgage Trust
- Citigroup CMT 2016-P6
Special servicer: KeyBank (5)
- BMO 2025-C11 Mortgage Trust
- BMO 2023-C7 Mortgage Trust
- Benchmark 2022-B32 Mortgage Trust
- GS Mortgage Securities Trust 2019-GC39
- Citigroup CMT 2018-C5
Special servicer: C-IV Asset Management (3)
Special servicer: Torchlight Loan Services (2)
Special servicer: MF1 Loan Services (1)
Special servicer: Situs Holdings (1)
Special servicer not read yet (19)
- Benchmark 2026-V23 Mortgage Trust
- BMO 2026-5C16 Mortgage Trust
- BMO 2026-5C15 Mortgage Trust
- Benchmark 2025-V19 Mortgage Trust
- BMO 2025-5C9 Mortgage Trust
- BMO 2025-5C13 Mortgage Trust
- BBCMS Mortgage Trust 2025-5C37
- Benchmark 2024-V9 Mortgage Trust
- BBCMS Mortgage Trust 2024-5C25
- Benchmark 2023-V3 Mortgage Trust
- Benchmark 2023-V2 Mortgage Trust
- BBCMS Mortgage Trust 2023-C21
- 3650R 2022-PF2 CMT
- CSAIL 2021-C20 CMT
- BENCHMARK 2021-B27 MORTGAGE TRUST
- 3650R 2021-PF1 CMT
- CSAIL 2020-C19 CMT
- CSAIL 2019-C17 CMT
- CSAIL 2019-C15 CMT
Servicer names are as each trust's latest Form 10-D distribution report prints them, filed October 21, 2026 to November 2, 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.