08/26/2024 | Press release | Distributed by Public on 08/26/2024 13:19
Item 8.01 - Other Events.
Effective as of August 26, 2024, LNR Partners, LLC ("LNR"), a Florida limited liability company, will act as special servicer for the 237 Park Avenue mortgage loan and each related pari passu and/or subordinate promissory note (collectively, the "237 Park Avenue Non-Serviced Loan Combination"), which is serviced under the trust and servicing agreement for the MSSG 2017-237P securitization (the "MSSG 2017-237P TSA"), replacing Wells Fargo Bank, National Association as special servicer for such non-serviced loan combination. LNR was appointed at the direction of Core Credit Partners A LLC, the directing certificateholder under the MSSG 2017-237P TSA. As special servicer for the 237 Park Avenue Non-Serviced Loan Combination, LNR will be responsible for the servicing and administration of the 237 Park Avenue 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 the 237 Park Avenue Non-Serviced Loan Combination when the 237 Park Avenue Non-Serviced Loan Combination is not specially serviced. Servicing of the 237 Park Avenue Non-Serviced Loan Combination will continue to be governed by the MSSG 2017-237P TSA.