Morgan Stanley Capital I Trust 2020-L4 replaced CWCapital Asset Management with Torchlight Loan Services as special servicer for the 545 Washington Boulevard Mortgage loan effective September 10, 2026. Investors receive a defined servicing change covering special servicing, related REO administration and reviews of material actions.

Key Highlights

  • BNK 25 CCR, LLC directed Torchlight’s appointment as directing certificateholder under the applicable agreement.
  • Torchlight replaces CWCapital as special servicer.
  • Torchlight is responsible if the applicable loan combination becomes specially serviced, including administration of related REO property.

Torchlight now holds responsibilities covering special servicing, related real estate-owned property administration and reviews of material actions.

Torchlight Replaces CWCapital as Special Servicer

The change covers the mortgage loan and each related pari passu or subordinate Promissory Note within the applicable non-serviced loan combination. BNK 25 CCR, LLC directed the appointment while acting as the directing certificateholder under the applicable pooling and servicing agreement. While the combination remains outside special servicing, Torchlight will process and conduct certain reviews of material actions.