UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~January~~February 2928, 2025 Date of Report (Date of Earliest Event Reported)

Central Index Key Number of the issuing entity: 0001610796
JPMBB Commercial Mortgage Securities Trust 2014-C21
(Exact name of issuing entity)

Central Index Key Number of the registrant: 0001013611
J.P. Morgan Chase Commercial Mortgage Securities Corp.
(Exact name of registrant as specified in its charter)

Central Index Key Number of the sponsor: 0000835271
JPMorgan Chase Bank, National Association
(Exact name of sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0000312070
Barclays Bank PLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0001576832
MC-Five Mile Commercial Mortgage Finance LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0001682523
Starwood Mortgage Funding II LLC
(Exact name of sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0001587045
RAIT Funding, LLC
(Exact name of sponsor as specified in its charter)

New York		333-190246-06		38-3932245 38-3932246 38-7120247
(State or other jurisdiction of incorporation of issuing entity)		(Commission File Number of issuing entity)		(I.R.S. Employer Identification Numbers)

c/o Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)

(212) 272-8363
Registrant's Telephone number, including area code

Former name or former address, if changed since last report: Not Applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised Financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 6.02 Change of Servicer or Trustee.

~~Pursuant~~Description ~~to Section 7.01(d)~~ of ~~the~~Trimont pooling and servicing agreement, dated as of July 1, 2014 (the “Pooling and Servicing Agreement”), among J.P. Morgan Chase Commercial Mortgage Securities Corp., as depositor, Wells Fargo Bank, National Association, as master servicer, Midland Loan Services, a Division of PNC Bank, National Association (“Midland”), as special servicer, Computershare Trust Company, National Association, acting as an agent for Wells Fargo Bank, National Association, as certificate administrator, Wilmington Trust, National Association, as trustee, and Pentalpha Surveillance LLC, as senior trust advisor, relating to the issuing entity known as JPMBB Commercial Mortgage Securities Trust 2014-C21 (the “Issuing Entity”), effective as of January 29, 2025, Midland was removed as special servicer and Rialto Capital Advisors, LLC (“RCA”), a Delaware limited liability company, was appointed as the successor special servicer (except with respect to any Non-Serviced Mortgage Loan and any Serviced AB Whole Loan). In its capacity as special servicer, RCA will be responsible for the servicing and administration of the Specially Serviced Mortgage Loans and REO Properties pursuant to the Pooling and Servicing Agreement (except with respect to any Non-Serviced Mortgage Loan and any Serviced AB Whole Loan), a copy of which was filed as Exhibit 4.1 to the Current Report on Form 8-K filed by the Issuing Entity with the Securities and Exchange Commission on July 22, 2014.

~~Capitalized terms~~General. Trimont ~~used~~LLC, ~~but~~a ~~not~~Georgia ~~defined,~~limited inliability ~~this~~company ~~Current~~(“Trimont”), will ~~Report~~act onas ~~Form~~master ~~8‑K~~servicer ~~have~~under the ~~meanings~~ ~~set~~pooling ~~forth~~and inservicing ~~the~~agreement. ~~Pooling~~In addition, ~~and~~Trimont ~~Servicing~~will ~~Agreement.~~act as:

~~Rialto~~· Master ~~Capital~~servicer ~~Advisors,~~of ~~LLC~~the 200 West Monroe Mortgage Loan pursuant to the JPMCC 2014-C20 pooling and servicing agreement.

~~As of~~Trimont ~~January~~is ~~29, 2025, RCA~~a ~~replaced~~provider ~~Midland, as special servicer (the “Special Servicer”) and assumed all~~ of ~~the~~loan ~~duties, responsibilities, and liabilities of the Special Servicer under the Pooling and Servicing Agreement. In its capacity as Special Servicer, RCA will be responsible for the~~ servicing ~~and administration of the Specially Serviced Mortgage Loans (other than any Non-Serviced Mortgage Loans) and REO Properties (other than any Non-Serviced Mortgaged Properties)~~, ~~and~~asset ~~in certain circumstances~~management, ~~will~~due ~~review~~diligence, ~~evaluate~~ and~~/or~~ ~~provide or withhold consent as to certain major decisions and other~~customized ~~transactions~~advisory ~~relating to the Mortgage Loans (other than any Non-Serviced Mortgage Loans) when such Mortgage Loans are not Specially Serviced Mortgage Loans, pursuant to the Pooling and Servicing Agreement~~solutions. ~~The foregoing appointment will not apply to any Non-Serviced Mortgage Loan and any Non-Serviced Mortgaged Property.~~

~~RCA~~The ~~maintains~~principal servicing ~~its~~offices ~~principal~~of ~~servicing~~Trimont ~~office~~are located at ~~200~~550 S.South ~~Biscayne~~Tryon ~~Blvd.~~Street, Charlotte, North Carolina 28202 and Two Alliance Center, 3560 Lenox Road NE, Suite ~~3550~~2200, Atlanta, ~~Miami~~Georgia 30326. Trimont also has offices in the US located in Overland Park, ~~Florida~~Kansas, ~~33131~~New York, New York, and Dallas, Texas.

~~RCA~~As ~~has~~of ~~been~~March 1, ~~engaged~~2025 in(“CMS Acquisition Closing Date”), Trimont purchased the third ~~special~~party servicing segment (“CMS”) of ~~commercial~~Wells ~~mortgage~~Fargo ~~loans~~Bank, ~~for~~National Association’s commercial ~~real~~mortgage ~~estate securitizations~~servicing ~~since~~business ~~approximately~~(“CMS ~~May 2012~~Transaction”). See ~~RCA~~“—CMS ~~currently~~Transaction” ~~has~~below. As of athe ~~commercial mortgage-backed~~CMS ~~securities~~Acquisition ~~special~~Closing ~~servicer~~Date, ~~rating~~Trimont ofis ~~“CSS2+”~~rated (ranked) by Fitch, S&P aand ~~commercial loan~~Morningstar ~~special~~DBRS ~~servicer~~as ~~ranking~~a ofmaster ~~“Above~~servicer, ~~Average”~~a byprimary ~~S&P~~servicer and a ~~commercial~~ ~~mortgage~~ special servicer ~~ranking~~ of ~~“MOR~~commercial ~~CS2”~~mortgage byloans ~~Morningstar~~in ~~DBRS~~the US. Trimont’s ~~RCA is also~~servicer ~~rated~~ratings (rankings) by ~~Kroll~~each ~~Bond~~of ~~Rating~~these ~~Agency,~~agencies ~~LLC.~~are outlined below:

RCA is an affiliate of Rialto Capital Management, LLC, a Delaware limited liability company (“RCM”) and a Securities and Exchange Commission registered investment adviser. RCM is a vertically integrated commercial real estate investment and asset manager. Previously an indirect wholly-owned subsidiary of Lennar Corporation (“Lennar”) (NYSE: LEN and LEN.B), a national homebuilder, RCM and RCA were acquired on November 30, 2018 by investment funds managed by Stone Point Capital LLC (“Stone Point”) in partnership with RCM’s management team. Stone Point is a financial services and asset management focused private equity firm based in Greenwich, Connecticut. As of June 30, 2024, RCM was the sponsor of, and certain of its affiliates were investors in, 13 private equity fund structures (collectively, the “Funds”) and RCM also advised several other investment vehicles such as co-investments, joint ventures and separately managed accounts, having over $18.6 billion of regulatory assets under management in the aggregate. Of the 13 Funds, 10 are focused in whole or in part on investments in commercial mortgage-backed securities, with the remaining Funds focused on distressed and value add real estate related investments, mezzanine debt and/or credit investments.

US Servicer Ratings	Fitch⁽¹⁾	S&P	MorningstarDBRS⁽³⁾
Primary Servicer:...............................................................	CPS2	Strong	MOR CS2
Master Servicer:.................................................................	CMS3+	Average⁽²⁾	MOR CS3
Special Servicer:.................................................................	CSS2	Strong	MOR CS2

As(1) The ofprimary servicer ~~June 30, 2024, RCM has underwritten~~ and ~~purchased,~~special ~~primarily~~servicer ~~for the~~ratings ~~Funds, over $10.7 billion in face value~~ of ~~subordinate~~Trimont ~~commercial mortgage-backed~~have ~~securities~~been ~~certificates~~placed inon ~~approximately 212 securitizations~~“Rating ~~totaling~~Watch ~~approximately~~Negative” ~~$220~~during ~~billion~~the inintegration ~~overall~~period ~~transaction~~associated ~~size.~~with ~~RCM~~the ~~(or an~~CMS ~~affiliate)~~Transaction ~~has~~as ~~the~~is ~~right~~consistent towith ~~appoint~~Fitch’s ~~the~~criteria ~~special~~and ~~servicer~~historical ~~in a majority of these transactions~~practice.

~~Rialto Management Group, LLC, together with its subsidiaries RCA and RCM~~ (~~excluding Stone Point~~2), The ~~had~~master servicer ~~302~~rating ~~employees as~~ of ~~June~~Trimont ~~30,~~has ~~2024~~been ~~and~~placed ~~is headquartered~~on in“Rating ~~Miami~~Watch ~~with~~Positive” ~~offices~~during the ~~located~~integration inperiod ~~New~~associated ~~York~~with ~~City and Atlanta and additional offices across~~ the ~~United~~CMS ~~States and in Europe~~Transaction.

~~RCA has detailed operating policies and procedures which are reviewed~~(3) The atMorningstar/DBRS ~~least~~primary ~~annually~~servicer and ~~updated~~special asservicer ~~appropriate.~~ratings ~~These policies and procedures for the performance~~ of ~~its~~Trimont ~~special servicing obligations~~ are~~, among other things,~~ indesignated ~~compliance~~as ~~with~~“Stable ~~the applicable servicing criteria set forth in Item 1122 of Regulation AB under the Securities Act. RCA has developed strategies and procedures for managing delinquent loans~~Trend”, ~~loans subject to bankruptcies of the borrowers~~ and ~~other breaches by borrowers of~~ the ~~underlying~~master ~~loan~~servicer ~~documents~~rating ~~that are~~has ~~designed~~been toplaced ~~maximize value from the assets for the benefit of the certificateholders. These strategies and procedures vary~~ on ~~a case by case~~ ~~basis,~~“Rating ~~and~~Watch ~~include,~~Positive” ~~but~~during ~~are not limited to, liquidation of~~ the ~~underlying collateral,~~integration ~~note~~period ~~sales,~~associated ~~discounted payoffs, and borrower negotiation or workout in accordance~~ with the ~~related servicing standard. The strategy pursued by RCA~~CMS for any particular property depends upon, among other things, the terms and provisions of the underlying loan documents, the jurisdiction where the underlying property is located and the condition and type of underlying propertyTransaction. ~~Standardization and automation have been pursued, and continue to be pursued, wherever possible so as to provide for continued accuracy, efficiency, transparency, monitoring and controls.~~

~~RCA~~ Trimont is ~~subject~~also torated an‘Strong’ ~~annual~~as ~~external~~a ~~audit.~~Construction AsLoan ~~part~~Servicer ofby ~~such~~S&P ~~external audit,~~in ~~auditors perform test work and review internal controls throughout~~ the ~~year.~~ ~~While RCA was a part of Lennar, RCA was determined to be Sarbanes-Oxley compliant~~US.

~~RCA~~Prior ~~maintains~~to athe ~~web-based~~CMS ~~asset~~Acquisition ~~management~~Closing ~~system~~Date, ~~that~~Trimont ~~contains~~had ~~performance~~been ~~information~~primary atservicing ~~the portfolio, loan~~ and ~~property~~special ~~levels~~servicing onsecuritized ~~the various loan~~ and ~~REO~~non-securitized ~~properties that it services. Additionally, RCA has a~~commercial ~~formal,~~and ~~documented~~multifamily ~~disaster~~loans ~~recovery~~in ~~and~~excess ~~business~~of ~~continuity~~15 ~~plan~~years.

AsThe offollowing ~~June~~table ~~30,~~sets ~~2024,~~forth ~~RCA~~information ~~and~~about Trimont’s ~~its~~portfolio ~~affiliates~~of ~~were~~master ~~actively~~or ~~special servicing~~primary ~~approximately~~serviced ~~407~~commercial ~~portfolio~~and multifamily loans (securitized and ~~REO properties~~non-securitized) ~~with~~as ~~an unpaid principal balance~~ of ~~approximately $11.58 billion (see footnote 2 to~~ the ~~chart below)~~dates indicated.

As of June 30, 2024, RCA is also performing special servicing for approximately 167 commercial real estate securitizations. With respect to such securitization transactions, RCA is administering approximately 9,315 assets with an unpaid principal balance at securitization of approximately $156.1 billion. The asset pools specially serviced by RCA include residential, multifamily/condo, office, retail, hotel, healthcare, industrial, manufactured housing and other income-producing properties as well as residential and commercial land.

Commercial and Multifamily Mortgage Loans	As of 12/31/2022	As of 12/31/2023	As of 12/31/2024	As of 12/31/2024 (pro forma)*
By Approximate Number:	2,574	2,529	2,301	25,787
By Approximate Aggregate Unpaid Principal Balance (in billions):	$100.4	$110.1	$114.6	$667

~~The~~ *Represents ~~following~~pro ~~table~~forma ~~sets forth information about RCA’s~~ portfolio ~~of specially serviced commercial~~ and ~~multifamily~~includes ~~mortgage~~CMS ~~loans~~Loans ~~and REO properties in commercial mortgage-backed securitization transactions~~ (as ~~of the~~hereinafter ~~dates indicated:~~defined).

CMBS Pools	As of 12/31/2021	As of 12/31/2022	As of 12/31/2023	As of 06/30/2024
Number of CMBS Pools Named Special Servicer...............................	140	151	160	167
Approximate Aggregate Unpaid Principal Balance(1)...............................	$142.3 billion	$149.2 billion	$151.0 billion	$156.1 billion
Approximate Number of Specially Serviced Loans or REO Properties(2)...............................	470	360	362	407
Approximate Aggregate Unpaid Principal Balance of Specially Serviced Loans or REO Properties(2)...............................	$9.41 billion	$8.54 billion	$9.94 billion	$11.58 billion

The properties securing the loans in Trimont’s servicing portfolio (including CMS Loans (as hereinafter defined)) include multifamily, office, retail, hospitality, industrial and other income producing properties.

~~(1) Includes~~Within ~~all~~this ~~commercial~~servicing ~~and multifamily~~portfolio ~~mortgage~~(including ~~loans~~CMS ~~and~~Loans), as ~~related~~of ~~REO~~December ~~properties~~31, in2024, ~~RCA’s~~approximately ~~portfolio~~18,402 ~~for which~~commercial ~~RCA~~and ismultifamily ~~the~~loans with ~~named~~an ~~special~~unpaid ~~servicer,~~principal ~~regardless~~balance of ~~whether~~approximately ~~such~~$440.4 ~~mortgage loans~~billion ~~and~~are ~~related~~loans ~~REO~~that back ~~properties~~commercial ~~are,~~mortgage-backed assecurities ofor ~~the~~commercial ~~specified~~real ~~date, specially~~estate ~~serviced~~collateralized bydebt ~~RCA~~obligation securities.

~~(2) Includes~~Trimont ~~only~~has ~~those~~operating ~~commercial~~procedures ~~and~~across ~~multifamily~~the ~~mortgage~~various ~~loans~~servicing functions to maintain compliance with its servicing obligations and ~~related~~servicing ~~REO~~standards ~~properties~~under Trimont’s servicing agreements. The only significant changes in ~~RCA~~Trimont’s ~~portfolio~~policies ~~for which~~and ~~RCA~~procedures isover the ~~named~~past three ~~special~~years ~~servicer~~have ~~that~~come ~~are,~~in asresponse ofto ~~the~~changes ~~specified~~in ~~date, specially~~federal ~~serviced~~or bystate ~~RCA~~law or investor requirements. Trimont ~~Does~~expects ~~not~~to ~~include~~incorporate ~~any~~CMS ~~resolutions~~policies ~~during~~and procedures ~~the~~into its best practices for servicing CMS Loans and newly originated ~~specified~~commercial ~~year~~and multifamily loans.

InTrimont’s ~~its~~servicing ~~capacity~~platform asallows ~~the~~Trimont ~~special~~to ~~servicer, RCA will not have primary~~process ~~responsibility~~loan ~~for~~servicing ~~custody~~activities ~~services~~including, ofbut ~~original~~not ~~documents~~limited ~~evidencing the underlying mortgage loans. RCA may from time~~ to: ~~time~~(i) ~~have~~performing ~~custody of certain of~~account ~~such~~maintenance; ~~documents~~(ii) astracking ~~necessary~~borrower ~~for~~communications; ~~enforcement~~(iii) ~~actions~~tracking ~~involving~~real ~~particular~~estate ~~underlying~~tax ~~mortgage~~escrows ~~loans~~and orpayments, ~~otherwise.~~insurance Toescrows ~~the~~and ~~extent~~payments, ~~that~~replacement ~~RCA has custody of~~reserve ~~any~~escrows ~~such~~and ~~documents~~operating ~~for~~statement ~~any~~data ~~such~~and ~~servicing~~rent ~~purposes,~~rolls; ~~such~~(iv) ~~documents~~entering ~~will~~and beupdating ~~maintained~~transaction indata; aand ~~manner~~(v) ~~consistent~~generating ~~with~~various ~~the Servicing Standard~~reports.

~~RCA~~Prior ~~does~~to ~~not~~the ~~have~~CMS ~~any~~Acquisition ~~material~~Closing ~~advancing~~Date, Trimont ~~rights~~was ornot ~~obligations~~the ~~with respect~~designated toprimary ~~the~~advancing ~~commercial~~agent ~~mortgage-backed~~for ~~securities~~any ~~pools~~of asthe toloans ~~which~~ it ~~acts~~ ~~as special servicer~~serviced. In ~~certain~~connection ~~instances~~with the ~~RCA~~CMS ~~may~~Transaction, ~~have~~Trimont acquired the ~~right~~outstanding orCMS beservicer advances using ~~obligated~~funding tofrom ~~make~~a ~~property~~Wells ~~related~~Fargo ~~servicing~~credit ~~advances~~facility inand ~~emergency~~other ~~situations~~capital sources and ~~with~~assumed ~~respect~~the tofuture ~~certain~~advancing ~~commercial~~obligations ~~mortgage-backed~~of ~~securities~~Wells ~~pools~~Fargo asunder tothe ~~which~~servicing itagreements ~~acts~~that astransferred ~~special~~to ~~servicer~~Trimont.

~~There~~The ~~are,~~following totable ~~the~~sets ~~actual~~forth ~~current~~pro ~~knowledge~~forma ~~of RCA, no special or unique~~information ~~factors~~regarding ofprincipal aand ~~material~~interest ~~nature~~advances ~~involved~~and inprotective ~~special~~property ~~servicing~~advances ~~the particular types~~held ofby ~~assets included in this securitization transaction~~Trimont, as ~~compared~~master toservicer, ~~the~~on ~~types of~~commercial ~~assets~~and ~~specially~~multifamily ~~serviced~~mortgage byloans included ~~RCA~~ in ~~other~~ commercial mortgage-backed ~~securitization~~ ~~pools~~securitizations. The ~~generally,~~information ~~for~~set ~~which~~forth ~~RCA~~below ~~has~~is ~~developed processes and procedures which materially differ from~~ the ~~processes~~pro ~~and~~forma ~~procedures employed~~amount byof ~~RCA~~such inadvances ~~connection~~outstanding ~~with~~as ~~its~~of ~~special~~the ~~servicing~~date ofindicated ~~commercial~~(expressed ~~mortgage-backed securitization~~as ~~pools~~a ~~generally.~~dollar amount ~~There~~and ~~have~~as ~~not~~a ~~been,~~percentage ~~during~~of the ~~past~~Trimont ~~three years,~~pro ~~any~~forma ~~material~~portfolio, ~~changes~~as toof the ~~policies~~end ~~or procedures~~ of ~~RCA~~such inperiod, ~~the~~of ~~servicing~~master ~~function~~serviced itcommercial ~~will perform under the Pooling~~ and ~~Servicing~~multifamily ~~Agreement for~~mortgage ~~assets~~loans ~~of the same type~~ included in commercial ~~this~~mortgage-backed ~~securitization transaction~~securitizations).

No securitization transaction in which RCA was acting as special servicer has experienced a servicer event of default as a result of any action or inaction of RCA as special servicer, including as a result of a failure by RCA to comply with the applicable servicing criteria in connection with any securitization transaction. RCA has not been terminated as special servicer in any securitization, either due to a servicing default or the application of a servicing performance test or trigger. RCA has made all advances required to be made by it under the servicing agreements related to the securitization transactions in which RCA is acting as special servicer. There has been no previous disclosure of material noncompliance with the applicable servicing criteria by RCA in connection with any securitization in which RCA was acting as special servicer.

As of	Approximate Securitized Master-Serviced Portfolio (UPB)**	Approximate Outstanding Advances (P&I and PPA)**	Approximate Outstanding Advances as % of UPB
12/31/2024*	$401,954,652,250	$842,099,385	0.20%

~~RCA does not believe that its financial condition will have any adverse~~ *Represents ~~effect~~pro onforma ~~the~~portfolio ~~performance of its duties under the Pooling~~ and ~~Servicing Agreement~~includes ~~and,~~CMS ~~accordingly,~~Loans ~~RCA~~(as ~~believes~~hereinafter ~~that its financial condition will not have any material impact on the mortgage pool performance or the performance of the certificates~~defined).

~~From time to time RCA is a party to lawsuits and other legal~~ ~~proceedings~~** as part of its duties as a loan servicer (e.g., enforcement of loan obligations) and/or arising in the ordinary course of business. RCA does not believe that any such lawsuits or legal proceedings would, individually or in the aggregate, have a material adverse effect on its business or its ability to service loans pursuant to the Pooling and Servicing Agreement. It is noted that, in November 2021, Icahn Partners LP and Icahn Partners Master Fund LP (together, the “~~Icahn Funds~~UPB”~~) purportedly~~ ~~acquired~~means ~~84%~~unpaid ofprincipal ~~the Class E certificates of COMM 2012-CCRE4 Commercial Pass-Through Certificates (the “CCRE4 Trust”). At that time~~balance, the value of the Class E certificates had already been written down to zero. Immediately following the acquisition of their interest in the CCRE4 Trust, in December 2021, the Icahn Funds made a request that the CCRE4 Trust’s trustee deem a “~~Servicer Termination Event~~P&I” ~~to have~~means ~~occurred~~principal in connection with the special servicing by RCA of a specific CCRE4 Trust asset, the Prizm Outlets mall in Nevada. The basis of the Icahn Funds’ request was their allegation that RCA violated the servicing standard by obtaining inflated appraisals from CBRE – Valuation & Advisory Services to prevent control from shifting to the Class E certificateholders and ~~engaging in~~interest aadvances ~~39-month plan to rehabilitate the asset. The CCRE4 trustee has not concluded that the Icahn Funds’ allegations have any merit,~~ and has neither commenced an investigation nor indicated that it intends to pursue any claims related to the allegations. Nevertheless, on June 15, 2022, the Icahn Funds filed a lawsuit against RCA in the District Court for Clark County, Nevada based on the same allegations set forth in its “~~Servicer Termination Event~~PPA” ~~notice~~means toproperty ~~the~~protection ~~CCRE4 trustee~~advances. RCA denies that the claims have merit and intends to assert many legal and factual defenses against those claims. The case is still in the discovery stage. RCA continues to serve as special servicer of the CCRE4 Trust and has not been terminated.

~~There~~Trimont ~~are~~may ~~currently~~perform nosome ~~legal~~of ~~proceedings~~its obligations ~~pending,~~under ~~and~~the noapplicable ~~legal proceedings~~servicing ~~known~~agreement tothrough beone ~~contemplated~~or bymore third-party ~~governmental~~vendors, ~~authorities~~affiliates or subsidiaries, ~~against~~including ~~RCA~~the engagement of third-party vendors to provide technology or ofprocess ~~which~~efficiencies. Trimont monitors ~~any~~its ofthird-party vendors in compliance with its ~~property~~internal isprocedures and applicable law. Trimont has entered into contracts directly with third-party vendors and may also obtain services from third party vendors through Wells Fargo under the ~~subject,~~TSA ~~that~~(as ~~are~~hereinafter ~~material~~defined) tofor some or all of the following ~~Certificateholders.~~functions:

~~RCA occasionally engages consultants to perform property inspections~~· ~~and~~provision toof ~~provide~~Strategy ~~surveillance on a property~~ and ~~its local market; it currently~~Strategy ~~does~~CS ~~not have any plans to engage sub-servicers to perform on its behalf any of its duties with respect to this transaction with the exception of some outsourced base servicing functions.~~software;

~~In the commercial mortgage-backed securitizations in which RCA acts as~~· ~~special~~audit servicer, RCA may enter into one or more arrangements with any party entitled to appoint or remove and replace the special servicer to provide for a discount and/or revenue sharing with respect to certain of the special servicer compensation in consideration of, among other things, RCA’s appointment as special servicer under the applicable servicing agreement and limitations on such person’s right to replace RCA as the special servicer.services;

~~Neither RCA nor any of its affiliates currently owns any Certificates~~· ~~issued~~tracking byand ~~the~~reporting ~~issuing entity or any other economic interest in this securitization. RCA or its affiliates may, in the future, retain or own interests in certain classes~~ of ~~certificates. Any such party will have the~~flood ~~right~~zone ~~to dispose of such certificates at any time.~~changes;

A· ~~description~~abstracting of ~~additional~~leasing ~~material terms of the Pooling and Servicing Agreement regarding~~consent ~~the~~requirements ~~role~~contained of the special servicer, including limitations on the special servicer’s liability under the Pooling and Servicing Agreement and terms regarding the special servicer’s removal, replacement, resignation or transfer, is included in ~~the~~loan ~~prospectus supplement and filed with the Securities and Exchange Commission.~~documents;

· legal representation;

· assembly of data regarding buyer and seller (borrower) with respect to proposed loan assumptions and preparation and underwriting of loan assumption package for review by servicer;

· performance of property inspections;

· performance of tax parcel searches based on property legal description, monitoring and reporting of delinquent taxes, and collection and payment of taxes;

· Uniform Commercial Code searches and filings;

· insurance tracking and compliance;

· onboarding-new loan setup;

· lien release-filing & tracking;

· credit investigation & background checks; and

· defeasance calculations.

Trimont may also enter into agreements with certain firms to act as a primary servicer (or sub-servicer) and to provide cashiering or non-cashiering subservicing on the mortgage loans. Trimont will monitor and review the performance of sub-servicers appointed by it. Generally, all amounts received by Trimont on the mortgage loans will initially be deposited into a common clearing account with collections on other mortgage loans serviced by Trimont and will then be allocated and transferred to the appropriate account as described in the related prospectus. On the day any amount is to be disbursed by Trimont, that amount may be transferred to a common disbursement account prior to disbursement.

Trimont will not have primary responsibility for custody services of original documents evidencing the mortgage loans. On occasion, Trimont may have custody of certain of such documents as are necessary for enforcement actions involving the mortgage loans or otherwise. To the extent Trimont performs custodial functions as a servicer, documents will be maintained in a manner consistent with the servicing standard.

There are, to the actual current knowledge of Trimont, no special or unique factors of a material nature involved in servicing the mortgage loans, as compared to the types of assets serviced by Trimont in other commercial real estate securitization pools generally.

Trimont does not believe that its financial condition will have any adverse effect on the performance of its duties under the applicable servicing agreement and, accordingly, Trimont believes that its financial condition will not have any material impact on the performance of the mortgage loans or the certificates.

No securitization involving commercial or multifamily real estate loans in which Trimont was acting as a servicer has experienced a servicer event of default as a result of any action or inaction of Trimont in such capacity, including as a result of Trimont’s failure to comply with the applicable servicing criteria in connection with any securitization.

From time to time, Trimont is a party to lawsuits and other legal proceedings as part of its duties as a loan servicer (e.g., enforcement of loan obligations) and/or arising in the ordinary course of business. Trimont does not believe that any such lawsuits or legal proceedings, individually or in the aggregate, would be material to the certificateholders. There are no legal proceedings pending against Trimont, or to which any property of Trimont is subject, that are material to the certificateholders, nor does Trimont have actual knowledge of any proceedings of this type contemplated by governmental authorities.

A Trimont website (https://cmsview.trimont.com) provides investors with access to investor reports for commercial mortgage-backed securitization transactions for which Trimont is master servicer, and also provides borrowers with access to current and historical loan and property information for these transactions.

The following table sets forth information as of the dates indicated about Trimont’s servicing portfolio of specially serviced commercial and multifamily loans (securitized and non-securitized):

Commercial and Multifamily Mortgage Loans	As of 12/31/2022	As of 12/31/2023	As of 12/31/2024	As of 12/31/2024 (pro forma) **
By Approximate Number:	27	53	93	2,506
By Approximate Aggregate Unpaid Principal Balance (in billions):	$0.6	$2.1	$3.4	$79.9

** Represents pro forma portfolio and includes CMS Loans (as hereinafter defined).

The properties securing the loans in Trimont’s special servicing portfolio (including CMS Loans (as hereinafter defined)) include multifamily, office, retail, hospitality, industrial and other income producing properties.

Within this special servicing portfolio (including CMS Loans), as of December 31, 2024, approximately 2,321 commercial and multifamily loans with an unpaid principal balance of approximately $77.1 billion are loans that back commercial mortgage-backed securities or commercial real estate collateralized debt obligation securities.

Generally, Trimont’s servicing functions under servicing agreements as special servicer do not include maintenance of collection accounts, however Trimont does maintain certain operating accounts with respect to REO loans in accordance with the terms of the applicable servicing agreements and consistent with the servicing standard set forth in each of such servicing agreements.

Trimont does not generally have any material advancing rights or obligations with respect to the commercial real estate securitization pools as to which it acts as special servicer. In certain instances, Trimont may have the right or be obligated to make property related servicing advances in emergency situations with respect to certain commercial real estate securitization pools as to which it acts as special servicer.

Trimont has developed strategies and procedures for managing delinquent loans, breaches by borrowers of the underlying loan documents and loans subject to borrower bankruptcy filings which are designed to maximize value from the assets for the benefit of certificateholders. These strategies and procedures vary on a case by case basis and include but are not limited to, liquidation of the underlying collateral, note sales, discounted payoffs and borrower negotiation or workout in accordance with the applicable servicing standard. The strategy pursued by Trimont for any particular asset depends upon, among other things, the condition and type of the underlying property, the borrower, and the jurisdiction where the asset is located.

Trimont, as special servicer, may enter into one or more arrangements with the controlling class representative, directing certificateholder, or equivalent party or related entity, which has the right to remove, or vote to remove the special servicer, to provide for a discount and/or revenue sharing with respect to certain special servicer compensation. The controlling class representative, directing certificateholder, or equivalent party or related entity, which has the right to remove, or vote to remove the special servicer, may further consider any such economic arrangements with the special servicer or a prospective replacement servicer in entering into any decision to appoint or replace the special servicer from time to time, and such considerations would not be required to take into account the best interests of any certificateholder.

CMS Transaction. As of the CMS Acquisition Closing Date, Trimont purchased the third party servicing segment (“CMS”) of Wells Fargo Bank, National Association’s (“Wells Fargo”) commercial mortgage servicing business. The CMS Transaction did not include Wells Fargo’s rights and obligations related to the servicing of loans that Wells Fargo originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae, which will continue to be serviced by Wells Fargo.

Senior leadership of Trimont and CMS and certain Trimont and former Wells Fargo corporate functions that supported CMS are expected to be generally integrated within Trimont on or shortly following the CMS Acquisition Closing Date. Most of the CMS employees along with relevant CMS systems, technologies and operating procedures and guidelines supporting CMS were transferred to Trimont as part of the CMS Transaction. Further, as of the CMS Acquisition Closing Date, Wells Fargo’s duties, obligations, and rights as servicer, under the related servicing agreements were transferred to Trimont, subject to the terms and conditions of such servicing agreements.

In order to facilitate the transition of CMS to Trimont, Wells Fargo and Trimont entered into a Transition Services Agreement (“TSA”) pursuant to which Wells Fargo agreed to provide certain support services, or cause such services to be provided, to Trimont for 12 months from the CMS Acquisition Closing Date (with two 3-month extension options) (the “TSA Period”).

Following the CMS Acquisition Closing Date, Trimont will initially be operating two loan servicing technology platforms with each using a separate instance of McCracken Financial Solutions software, Strategy CS. During a portion or all of the TSA Period, Trimont expects to continue to service the loans it was servicing prior to the CMS Acquisition Closing Date (“Pre-Closing Trimont Loans”) using operating guidelines, procedures and the servicing technology platform that Trimont was using prior to the CMS Acquisition Closing Date. During a portion or all of the TSA Period, Trimont expects to service loans serviced under the servicing agreements transferred in connection with the CMS Transaction and loans serviced under CMBS servicing agreements entered into by Trimont after the CMS Acquisition Closing Date (“CMS Loans”) in accordance with the CMS operating guidelines, procedures and servicing technology platform.

The foregoing information set forth under this heading “—Description of Trimont LLC” has been provided by Trimont.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

J.P. Morgan Chase Commercial Mortgage Securities Corp.
(Depositor)

/s/ John Miller
John Miller, Executive Director

Date: ~~January~~February 2928, 2025

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549

FORM 8-K

CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Filing Compare · JPMBB Commercial Mortgage Securities Trust 2014-C21