AI Analysis
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Torchlight Loan Services, LLC was appointed as the successor special servicer for the Potomac Mills Mortgage Loan, effective April 3, 2026, following the removal of Situs Holdings, LLC.
Key Takeaways
1Torchlight Loan Services, LLC appointed as successor special servicer for the Potomac Mills Mortgage Loan, effective April 3, 2026.
2The Potomac Mills Mortgage Loan constituted approximately 8.9% of the issuing entity's asset pool as of its cut-off date.
3Torchlight has substantial experience, having resolved over $12.2 billion of U.S. commercial and multifamily loans in the past twenty-seven years.
4Torchlight is not an affiliate of the Depositor, Issuing Entity, or other transaction parties, and currently owns no Certificates issued by the Issuing Entity.
5Torchlight does not believe its financial condition will adversely affect its duties under the CFCRE 2016-C6 PSA.
6No securitization transaction involving Torchlight as special servicer has experienced an event of default due to Torchlight's actions.