CMBS special servicer
Torchlight Loan Services
The latest distribution reports of 12 public CMBS trusts name Torchlight Loan Services as their general special servicer. Those trusts hold $12.1B of loans, 2.5% 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: 6 loans in these trusts meet that rule, and for each cmbs.news names Torchlight Loan Services.
Special servicing in these trusts
10 loans with a piece in these trusts are with a special servicer in the October 2026 filings. 8 of them moved to special servicing in the 12 months to October 2026, and 0 loans in these trusts went back to the master servicer in that time.
| Workout strategy reported | Loans | Balance in these trusts |
|---|---|---|
| Foreclosure | 3 | $113.5M |
| TBD | 4 | $96.6M |
| Modification | 2 | $82.4M |
| None reported | 1 | $3.7M |
The loans with a special servicer
All 10, largest first.
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1100 First Street NE and 1 other property | Washington, DC | Office | $211.0M | 3.002% | Oct 2031 | n/a | n/a | With the special servicer and 30-59 days delinquent |
| Providence at Heights & Legacy at Westchase | Houston, TX | Multifamily | $50.5M | 6.36% | Jun 2030 | 1.18x | 93% | With the special servicer and 30-59 days delinquent |
| Haven at Bellaire | Richmond, TX | Multifamily | $41.6M | 6.262% | Oct 2030 | 1.07x | 91% | With the special servicer and 60-89 days delinquent |
| Ditson Building | New York, NY | Office | $37.5M | 5.43% | Aug 2028 | 0.03x | 28% | With the special servicer and 90+ days delinquent |
| Brush Factory Lofts | Philadelphia, PA | Multifamily | $31.9M | 3.94% | Nov 2031 | n/a | n/a | With the special servicer |
| Providence at Champions | Houston, TX | Multifamily | $27.5M | 6.49% | Jun 2030 | 0.95x | 92% | With the special servicer |
| Marriott Rochester Airport | Rochester, NY | Hotel | $14.5M | 8.053% | Apr 2030 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Leeton Leased Fee Pool B Portfolio | 2 properties | Other | $13.0M | 6.50% | Oct 2030 | n/a | n/a | With the special servicer |
| Campus Walk Chico Apartments | Chico, CA | Multifamily | $11.0M | 4.27% | Jan 2030 | 1.07x | 75% | With the special servicer and 90+ days delinquent |
| 82-90 Caryl Avenue Owners Corp. | Yonkers, NY | Other | $3.7M | 3.32% | Jan 2030 | n/a | n/a | With the special servicer |
Balances in this list are whole loans; the totals above count only these trusts' pieces.
The 12 trusts that name Torchlight Loan Services special servicer
Master servicer: Trimont (7)
- Benchmark 2025-V18 Mortgage Trust
- Benchmark 2025-V17 Mortgage Trust
- BANK5 2025-5YR19
- BANK5 2025-5YR17
- BANK5 2025-5YR14
- BANK5 2024-5YR8
- BANK 2018-BNK13
Master servicer: Midland Loan Services (2)
Master servicer: KeyBank (1)
Master servicer not read yet (2)
Servicer names are as each trust's latest Form 10-D distribution report prints them, filed October 27, 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.