CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-C3 8-K

What Happened

• Citigroup Commercial Mortgage Trust 2016-C3 filed an 8-K on April 3, 2026 announcing that the Potomac Mills mortgage loan’s special servicer has been replaced. Effective as of April 3, 2025, Situs Holdings, LLC was terminated as special servicer for the Potomac Mills loan combination under the CFCRE 2016-C6 pooling and servicing agreement (PSA), and Torchlight Loan Services, LLC was appointed successor special servicer.
• The Potomac Mills loan is serviced under the CFCRE 2016-C6 PSA (originally dated November 1, 2016). The filing includes an Acknowledgment of Replacement Special Servicer dated April 3, 2026 as Exhibit 20.1.

Key Details

• Filing: Form 8-K by Citigroup Commercial Mortgage Trust 2016-C3, filed April 3, 2026.
• Loan: Potomac Mills mortgage loan (part of the Issuing Entity governed by the CFCRE 2016-C6 PSA).
• Servicer change effective date: April 3, 2025 (Situs Holdings terminated; Torchlight Loan Services appointed).
• Exhibit attached: Acknowledgment of Replacement Special Servicer dated April 3, 2026 (Exhibit 20.1).

Why It Matters

• The special servicer oversees default management, workouts and enforcement actions for troubled loans. A change in special servicer can affect how the Potomac Mills loan is managed and may influence timing of recoveries or distributions tied to this asset.
• This is a disclosure of a servicing change rather than a statement about the loan’s performance. Investors in the related certificates or notes should review the attached acknowledgment (Exhibit 20.1) and the PSA for details, and watch for any future disclosures about loan performance or cash flow impacts.