Benchmark 2019-B14 Mortgage Trust 8-K

What Happened
Benchmark 2019-B14 Mortgage Trust filed a Form 8-K (Item 8.01) to report that, effective April 3, 2026, KeyBank National Association was appointed as the successor special servicer for The Essex Mortgage Loan under the trust’s Pooling and Servicing Agreement (the BMARK 2019-B14 PSA). Midland Loan Services, a Division of PNC Bank, National Association, was removed as special servicer pursuant to Section 7.01(d) of the PSA. The Essex Mortgage Loan is part of a loan combination included in the issuing entity and represented approximately 4.3% of the asset pool as of the trust’s cut-off date.

Key Details

• The change was filed as an "Other Event" on Form 8-K, effective April 3, 2026.
• The Essex Mortgage Loan comprised ~4.3% of the issuing entity’s asset pool at cut-off.
• Midland Loan Services was removed as special servicer; KeyBank National Association was appointed successor special servicer under the BMARK 2019-B14 PSA.
• KeyBank’s principal servicing offices for this role are at 11501 Outlook Street, Suite 300, Overland Park, Kansas 66211.

Why It Matters
A special servicer handles workout, foreclosure and other default-related actions for troubled loans. Investors should note the change because a different special servicer can affect how The Essex Mortgage Loan is managed and any recovery or enforcement actions, though the filing does not state any immediate change to trust cash flows or other loans. This filing records the administrative change under the trust’s PSA for transparency and ongoing transaction management.