Trimont Real Estate Advisors - Special Servicer

Offering a holistic approach to servicing, Trimont delivers expert solutions for managing and enhancing the performance of commercial real estate assets. We are tracking 3 CMBS deals from this servicer's portfolio.

Visit Website →

Recent Deals

Servicer Metrics

Key performance indicators and workout statistics for Trimont Real Estate Advisors.

Workout Statistics

Modifications
0
Foreclosures
0
Bankruptcies
0
Extensions
0
Note Sales
0
DPOs
0
REOs
0
Deed in Lieu
0
Full Payoffs
0

Current Status

Active Deals
0
Resolved
0
Returned
0
Pending Return
0
Most Recent Transfer
N/A
Most Recent Return
N/A

Recent Commentary

Special servicers provide regular updates on troubled loans through SEC filings, offering valuable insights into workout strategies and asset performance. Below are recent comments from Trimont Real Estate Advisors, highlighting their approach to managing distressed CMBS assets.

Transferred to SS in March 2020 due to imminent monetary default. Receiver was put in place in June 2020 and a foreclosure sale occurred in December 2020. El Reno is an oil and gas market. A planned disposition in December 2025 will allow

BBCMS 2019-C4
2025-06-30
Hampton Inn El Reno
Shaurin N. Patel
Prospectus ID: 45

The Loan transferred to Special Servicing on August 9, 2023 due to Imminent Monetary Default. The Special Servicer has sent a Hello Letter and Pre-negotiation letter to the Borrower. The Borrower has executed the PNL. The Special Servicer has initiated the foreclosure process. A Receiver has been appointed and working to stabilize the Property and manage expenses. Receiver has prepared an RFP for a potential government buyer of the building. A broker is working in parallel to

BBCMS 2019-C4
2025-06-30
Meidinger Tower
Dennis Udwin
Prospectus ID: 12

Transferred to SS in March 2020 for monetary default and was subsequently foreclosed in November 2020. Property is largely dependent on oil crew business. Planned disposition in December 2025. Flag expiry was extended an additional year

BBCMS 2019-C4
2025-06-30
Holiday Inn Express & Suites El Reno
Shaurin N. Patel
Prospectus ID: 46

The Borrower performed under forbearance agreement and Special Servicer intends to return the Loan to the Master Servicer as a corrected mortgage loan. Special Servicer has approved the Borrower's annual budget and has initiated the

BBCMS 2019-C4
2025-06-30
Portfolio (4 Office properties)
John P. Hamide
Prospectus ID: 15

Loan transferred to Special Servicing effective 10/29/2024 due to imminent monetary default.

JPMDB 2016-C4
2025-06-26
CIM Commercial Trust Corporation
Prospectus ID: 13

06/06/2025 - Lender filed a foreclosure action on 9/28/2023, and a receiver was appointed on 10/16/2023. Lender is working with the Receiver, the City of SF, BART, and the Union Square Alliance to address life/safety issues at the Property and in th e neighborhood. Management and Leasing is being handled by JLL who's working with the Receiver to stabilize the property. Bloomingdales (non-owned anchor) closed April 13, 2025. Lender is finishing DD and intends to complete a foreclosure in 60- 90 days. Lender is underwriting all methods for disposition.

JPMDB 2016-C4
2025-06-26
Westfield America, Inc.
Prospectus ID: 22

The Loan transferred to Special Servicing 2/4/25 due to payment default. Borrower signed PNL 2/18/25. Borrower has submitted a request for consensual foreclosure. Special Servicer has engaged outside counsel and is evaluating is rights and

JPMDB 2016-C4
2025-06-26
The Zeller Family Group L.L.C.
Prospectus ID: 21

Subject is a $940,000,000 note that is secured by a senior lien against a 47-story, 1,596,521 square foot, Class A multi-tenant office property located at 825 Eight Avenue in New York City. Note is due for the April 6, 2025 payment and matures on November 6, 2027. Collateral also includes 252,107 square feet of amenity space (restaurant and retail tenants). Capital stack includes mezzanine debt. The Cravath law firm lease expired on August 31, 2024 and the tenant vacated the collateral at said time. The Borrower does not have a replacement tenant. The loss of this tenant causes operating shortfalls for the September 2024 and subsequent waterfalls. Note was transferred to the special servicer on September 13, 2024 due to imminent default. Nomura, a current tenant, has an early termination option date on July 1, 2025. Legal counsel has been engaged and a PNA agreement has been executed with the Borrower. Default notices were sent to the mezzanine lenders and they have not responded within the required 30-day window. Loan was therefore modified to utilize loan reserves to fund shortfalls in the monthly operating expenses and debt service waterfall through the senior secured debt. Borrower is in negotiations with Nomura for the extension of their lease. Nomura is also working with a landlord at a second location. Borrower has started negotiations for the restructuring of the note with the Special Servicer to allow new

GSMS 2017-GS8
2025-06-23
Worldwide Plaza
Prospectus ID: 1

05/05/2025 - Lender filed a foreclosure action on 9/28/2023, and a receiver was appointed on 10/16/2023.Lender is working with the Receiver, the City of SF, BART, and the Union Square Alliance to address life/safety issues at the Property and in the neighborhood. Management and Leasing is being handled by JLL who's working with the Receiver to stabilize the property.Bloomingdales (non-owned anchor) closed April 13, 2025.Lender is finishing DD and intends to complete a foreclosure in 60- 90days. Lender is underwriting all methods for disposition.

JPMDB 2016-C4
2025-05-29
Prospectus ID: 22A

Lender continues to monitor property performance. Foreclosure and receivership litigation remain ongoing.

GSMS 2017-GS8
2025-05-23
90 Fifth Avenue
Michael Fuchs
Prospectus ID: 13
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* Commentary dates (asof) represent when the special servicer made the comment.
* For full disclosures, please visit our disclosures page.

Get some data

CMBS Special Servicing Commentary

Special servicing commentary extracted from sec.gov Form 10-D filing servicer reports.

Go to Marketplace   Data Dictionary
Paid