8-K - CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P6 | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Situs Holdings, LLC was terminated as special servicer for the Potomac Mills loan, with Torchlight Loan Services, LLC appointed as successor effective April 3, 2025.

Key Takeaways

1Situs Holdings, LLC was terminated as Potomac Mills Special Servicer under the CFCRE 2016-C6 PSA.

2Torchlight Loan Services, LLC was appointed as the successor Potomac Mills Special Servicer.

3The servicer change was effective as of April 3, 2025.

4Teachers Insurance and Annuity Association of America executed the termination and appointment as AB Whole Loan Controlling Holder.

5The change relates specifically to the Potomac Mills Whole Loan combination within the CFCRE 2016-C6 trust.

Current Report Details

Event Type

Other Event

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

Other Events . The Potomac Mills mortgage loan, an asset of Citigroup Commercial Mortgage Trust 2016-P6 Mortgage Trust (the “Issuing Entity”), is being serviced

Other Event

9.01

Exhibits Only

Transaction Details

Material Agreement

Agreement: Pooling and Servicing Agreement (CFCRE 2016-C6 PSA)
Parties: CCRE Commercial Mortgage Securities, L.P. (Depositor), Trimont LLC (Master Servicer), Rialto Capital Advisors, LLC (Special Servicer), Torchlight Loan Services, LLC (Successor Potomac Mills Special Servicer), Wilmington Trust, National Association (Trustee), Wells Fargo Bank, National Association (Certificate Administrator), Park Bridge Lender Services LLC (Operating Advisor)

•Situs Holdings, LLC terminated as Potomac Mills Special Servicer effective April 3, 2025.
•Torchlight Loan Services, LLC appointed as successor Potomac Mills Special Servicer.
•Teachers Insurance and Annuity Association of America acted as AB Whole Loan Controlling Holder in effecting the change.
•Torchlight Loan Services, LLC assumes all responsibilities, duties, and liabilities of the Potomac Mills Special Servicer.

Exhibits (2)

20.1

EX-20.1

8-K