8-K - BENCHMARK 2021-B31 MORTGAGE TRUST | StockGist

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Torchlight Loan Services, LLC was appointed successor special servicer for The Veranda and Audubon Crossings & Commons mortgage loans, replacing CWCapital Asset Management LLC effective April 2, 2025.

Key Takeaways

1CWCapital Asset Management LLC was terminated as special servicer for The Veranda and Audubon Crossings & Commons loan combinations effective April 2, 2025.

2Torchlight Loan Services, LLC was appointed as the successor special servicer for the affected loan combinations under the BMARK 2021-B30 PSA.

3LMCG Investments, LLC, as Directing Holder, executed the termination and appointment pursuant to Sections 3.22(b) and 7.02 of the PSA.

4The affected loans are assets of Benchmark 2021-B31 Mortgage Trust but are serviced under the Benchmark 2021-B30 Pooling and Servicing Agreement.

5The replacement special servicer assumes all responsibilities, duties, and liabilities under the PSA and related Co-Lender Agreements.

Current Report Details

Event Type

Other Event

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

Other Events . The Veranda mortgage loan and the Audubon Crossings & Commons mortgage loan, each an asset of Benchmark 2021-B31 Mortgage Trust (the “Issuing Ent

Other Event

9.01

Exhibits Only

Transaction Details

Material Agreement

Agreement: Pooling and Servicing Agreement (BMARK 2021-B30 PSA)
Parties: Deutsche Mortgage & Asset Receiving Corporation (Depositor), Midland Loan Services, a Division of PNC Bank, National Association (Master Servicer), CWCapital Asset Management LLC (Former Special Servicer), Torchlight Loan Services, LLC (Successor Special Servicer), Wells Fargo Bank, National Association (Trustee, Certificate Administrator, Paying Agent, Custodian), Park Bridge Lender Services LLC (Operating Advisor, Asset Representations Reviewer)

•Effective Date: April 2, 2025
•Action: Termination of CWCapital Asset Management LLC as Special Servicer
•Action: Appointment of Torchlight Loan Services, LLC as Successor Special Servicer
•Directing Holder: LMCG Investments, LLC
•Affected Loans: The Veranda mortgage loan and the Audubon Crossings & Commons mortgage loan
•Trust: Benchmark 2021-B30 Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series 2021-B30

Exhibits (2)

20.1

EX-20.1

8-K