08/26/2024 | Press release | Distributed by Public on 08/26/2024 11:32
Item 8.01 Other Events.
The 237 Park Avenue Mortgage Loan, which constituted approximately 3.4% 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 trust and servicing agreement, dated as of August 9, 2017, relating to the MSSG Trust 2017-237P filed as Exhibit 4.4 to the registrant's Current Report on Form 8-K filed on November 16, 2017 (the "MSSG 2017-237P TSA"). Pursuant to Section 7.1(e) of the MSSG 2017-237P TSA, Wells Fargo Bank, National Association, a national banking association, was removed as special servicer of the 237 Park Avenue Mortgage Loan and LNR Partners, LLC ("LNR Partners"), a Florida limited liability company, was appointed as the successor special servicer of the 237 Park Avenue Mortgage Loan under the MSSG 2017-237P TSA.
In the interest of transaction management, this Current Report on Form 8-K is being filed to record that, effective as of August 26, 2024, the 237 Park Avenue Mortgage Loan will be specially serviced, if necessary, pursuant to the MSSG 2017-237P TSA, by LNR Partners. The principal executive offices of LNR Partners are located at 2340 Collins Avenue, Suite 700, Miami Beach, Florida 33139 and its telephone number is (305) 695-5600.