Current Report · Items 6.02 · 8-K
GS Mortgage Securities Trust 2019-GC40
Change of Servicer or Trustee
Item 6.02 Change of Servicer or Trustee. The 700 Tech Court Mortgage Loan, which constituted approximately 1.5% of the asset pool of the issuing entity as of its cut-off date, is an asset of the issuing entity and is part of a loan combination that is being serviced and administered under the pooling and servicing agreement, dated as of July 1, 2019 relating to the GS Mortgage Securities Trust 201…
Disclosure sections
Item 6.02Item 6.02 - Change of Servicer/Trustee
Item 6.02 Change of Servicer or Trustee.
The
700 Tech Court Mortgage Loan, which constituted approximately 1.5% of the asset
pool of the issuing entity as of its cut-off date, is an asset of the issuing
entity and is part of a loan combination that is being serviced and
administered under the pooling and servicing agreement, dated as of July 1,
2019 relating to the GS Mortgage Securities Trust 2019-GC40 (the “Issuing
Entity”) filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K/A
filed on August 29, 2019 (the “GSMS 2019-GC40 PSA”). LNR Partners, LLC
(“LNR”), the Special Servicer under the GSMS 2019-GC40 PSA, has recently
obtained knowledge that an affiliate of LNR became the borrower under the 700
Tech Court Mortgage Loan by way of a loan assumption on or about June 11, 2021.
As a result of this affiliation, LNR is a “Borrower Party” (as defined in the
GSMS 2019-GC40 PSA) with respect to the 700 Tech Court Mortgage Loan, and
accordingly, the 700 Tech Court Mortgage Loan constitutes an “Excluded Special Servicer
Loan” under the GSMS 2019-GC40 PSA.
Pursuant
to Section 7.01(g) of the GSMS 2019-GC40 PSA, by letter dated September 10,
2026, LNR has resigned as Special Servicer solely with respect to the 700 Tech
Court Mortgage Loan and, as a Control Termination Event has occurred and is
continuing, exercised reasonable efforts and selected Midland Loan Services, a
Division of PNC Bank, National Association, a national banking association
(“Midland”), as the Excluded Special Servicer of the 700 Tech Court Mortgage
Loan under the GSMS 2019-GC40 PSA.
This
Current Report on Form 8-K is being filed to record that, effective as of
September 18, 2026, the 700 Tech Court Mortgage Loan will be specially
serviced, if necessary, pursuant to the GSMS 2019-GC40 PSA, by Midland. The
principal servicing office of Midland is located at 10851 Mastin Street,
Building 82, Suite 300, Overland Park, Kansas 66210. LNR continues as Special
Servicer for the Issuing Entity for the other Mortgage Loans and Serviced
Mortgage Loans.