COMM 2019-GC44 Mortgage Trust 8-K
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COMM 2019-GC44 Mortgage Trust Reports Special Servicer Change
What Happened
COMM 2019-GC44 Mortgage Trust filed an 8-K (Item 8.01) to report that, effective April 3, 2026, KeyBank National Association was appointed successor special servicer for The Essex Site 2 Mortgage Loan under the Benchmark 2019-B14 pooling and servicing agreement (the “BMARK 2019-B14 PSA”). Midland Loan Services, a Division of PNC Bank, National Association, was removed as the special servicer for that loan. The Essex Site 2 Mortgage Loan constituted approximately 3.4% of the issuing entity’s asset pool as of its cut-off date and is part of a loan combination serviced under the BMARK 2019-B14 PSA (dated November 1, 2019).
Key Details
- The change was effective April 3, 2026.
- The Essex Site 2 Mortgage Loan represented ~3.4% of the issuing entity’s asset pool as of the cut-off date.
- Successor special servicer: KeyBank National Association (principal servicing office: 11501 Outlook Street, Suite 300, Overland Park, KS 66211).
- Prior special servicer removed: Midland Loan Services, a Division of PNC Bank, N.A. The loan is administered under the BMARK 2019-B14 PSA (filed as Exhibit 4.3 to the registrant’s Dec 12, 2019 Form 8-K).
Why It Matters
This filing documents who will handle special servicing responsibilities (e.g., default resolution, workouts) for The Essex Site 2 Mortgage Loan going forward and records a change in the service provider for a loan that represents a measurable portion (~3.4%) of the trust’s asset pool. Investors should note the servicer replacement is an operational change recorded by the trust; any further material actions related to the loan would be disclosed in subsequent filings.