BENCHMARK 2021-B31 MORTGAGE TRUST 8-K

What Happened

• BENCHMARK 2021-B31 Mortgage Trust filed an 8-K on April 2, 2026 reporting that, effective April 2, 2025, CWCapital Asset Management LLC was terminated as special servicer for two mortgage loan combinations (The Veranda and Audubon Crossings & Commons) under the BMARK 2021-B30 Pooling and Servicing Agreement (PSA). Torchlight Loan Services, LLC was appointed successor special servicer for those same loan combinations. An Acknowledgment of Replacement Special Servicer dated April 2, 2026 is attached to the filing as Exhibit 20.1.

Key Details

• The affected assets are The Veranda mortgage loan combination and the Audubon Crossings & Commons mortgage loan combination, each assets of the Issuing Entity.
• Change is under the BMARK 2021-B30 PSA (the PSA governing servicing for the referenced series).
• Effective date of the termination/appointment: April 2, 2025; acknowledgment document dated April 2, 2026.
• Other named parties in the PSA include Deutsche Mortgage & Asset Receiving Corporation (depositor), Midland Loan Services (master servicer), Wells Fargo Bank, N.A. (trustee), and Park Bridge Lender Services LLC (operating advisor).

Why It Matters

• This 8-K notifies investors that the entity responsible as special servicer for two trust loans has changed, which affects who will handle special-servicing duties for these assets under the PSA.
• Investors should note the effective date (April 2, 2025) and the successor servicer (Torchlight Loan Services, LLC); any future servicing reports or actions related to these loans will reflect the new special servicer.
• The filing includes the formal acknowledgment as an exhibit, providing documentation of the replacement.