3650R 2021-PF1 Commercial Mortgage Trust 8-K

What Happened
3650R 2021-PF1 filed a Form 8-K on April 2, 2026, announcing that CWCapital Asset Management LLC was removed as special servicer for the 520 Almanor Mortgage Loan and Torchlight Loan Services, LLC was appointed successor special servicer under the Benchmark 2021-B30 Pooling and Servicing Agreement (BMARK 2021-B30 PSA). The 520 Almanor loan represented approximately 5.4% of the issuing entity’s asset pool as of the cut-off date and is part of a loan combination being serviced under the BMARK 2021-B30 PSA.

Key Details

• The servicer change is effective April 2, 2026, pursuant to Section 3.22(b) of the BMARK 2021-B30 PSA.
• The 520 Almanor Mortgage Loan constituted ~5.4% of the asset pool as of the cut-off date.
• Successor special servicer: Torchlight Loan Services, LLC (principal special servicing office: 90 Park Avenue, 20th Floor, New York, NY 10016; phone: 212-883-2800).
• Removed special servicer: CWCapital Asset Management LLC.

Why It Matters
A special servicer change affects who handles enforcement, workouts, or other special servicing actions for the loan if such actions become necessary. For investors, this is a material operations update because the 520 Almanor loan makes up a measurable portion (~5.4%) of the trust’s assets; the change clarifies who will manage that loan under the BMARK 2021-B30 PSA going forward. The filing records the administrative change but does not disclose any specific loan enforcement or credit events.