Current Report · Items 8.01 · 8-K
BANK 2019-BNK23
Other Events
Item 8.01 – Other Events. Effective as of September 21, 2026, Argentic Services Company LP (“ASC”), will act as special servicer for the ILPT Industrial Portfolio mortgage loan and each related pari passu and/or subordinate promissory note (collectively, the “Applicable Non-Serviced Loan Combination”), which is serviced under the pooling and servicing agreement for the MSC 2019-L3 securitization (…
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item 8.01 – Other Events.
Effective as of September 21, 2026, Argentic Services Company LP
(“ASC”), will act as special servicer for the ILPT Industrial Portfolio mortgage loan and each related pari passu and/or subordinate
promissory note (collectively, the “Applicable Non-Serviced Loan Combination”), which is serviced under the pooling and servicing
agreement for the MSC 2019-L3 securitization (the “Applicable PSA”), replacing Situs Holdings, LLC as special servicer for
such non-serviced loan combination. ASC was appointed at the direction of Blue Owl Real Estate Debt Advisors LLC, the applicable directing
certificateholder under the Applicable PSA. As special servicer for the Applicable Non-Serviced Loan Combination, ASC will be responsible
for the servicing and administration of such Applicable Non-Serviced Loan Combination if it becomes specially serviced (and the servicing
and administration of any related REO property) and processing and performing certain reviews of material actions with respect to such
Applicable Non-Serviced Loan Combination when it is not specially serviced. Servicing of the Applicable Non-Serviced Loan Combination
will continue to be governed by the Applicable PSA.