{"filing":{"accession_number":"0001193125-26-378348","cik":"0001684093","ticker":null,"company_name":"CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P5","form":"8-K","filing_date":"2026-09-01","report_date":"2026-09-01","primary_document":"2016-p5_greystone_to_civ.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1684093/000119312526378348/2016-p5_greystone_to_civ.htm"},"events":[{"id":30930,"run_id":28361,"accession_number":"0001193125-26-378348","anchor_item_number":"6.02","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"This disclosure reports a change of servicer effective September 1, 2026, whereby C-IV Asset Management LLC assumed the special servicing duties previously held by Greystone Servicing Company LLC across multiple CMBS pools, including three specific mortgage loans held by the Issuing Entity (Crocker Park, 132 West 27th Street, and Plaza America). The filing explicitly invokes Item 6.02 (Change of Servicer or Trustee) and details the successor servicer's qualifications, ratings, and portfolio. While servicer changes are governance/administrative in nature, this particular transition is material because it affects the management and workout of approximately $20.7 billion in assets across 60 transactions, with $2.1 billion actively in special servicing as of June 30, 2026.","company_name":"CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P5","ticker":null,"filing_date":"2026-09-01","form":"8-K","submitted_at":null,"items":[{"id":33684,"accession_number":"0001193125-26-378348","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This disclosure reports a change of servicer effective September 1, 2026, whereby C-IV Asset Management LLC assumed the special servicing duties previously held by Greystone Servicing Company LLC across multiple CMBS pools, including three specific mortgage loans held by the Issuing Entity (Crocker Park, 132 West 27th Street, and Plaza America). The filing explicitly invokes Item 6.02 (Change of Servicer or Trustee) and details the successor servicer's qualifications, ratings, and portfolio. While servicer changes are governance/administrative in nature, this particular transition is material because it affects the management and workout of approximately $20.7 billion in assets across 60 transactions, with $2.1 billion actively in special servicing as of June 30, 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:01:55.964634+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":33684,"accession_number":"0001193125-26-378348","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This disclosure reports a change of servicer effective September 1, 2026, whereby C-IV Asset Management LLC assumed the special servicing duties previously held by Greystone Servicing Company LLC across multiple CMBS pools, including three specific mortgage loans held by the Issuing Entity (Crocker Park, 132 West 27th Street, and Plaza America). The filing explicitly invokes Item 6.02 (Change of Servicer or Trustee) and details the successor servicer's qualifications, ratings, and portfolio. While servicer changes are governance/administrative in nature, this particular transition is material because it affects the management and workout of approximately $20.7 billion in assets across 60 transactions, with $2.1 billion actively in special servicing as of June 30, 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:01:55.964634+00:00","company_name":"CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-P5","ticker":null,"filing_date":"2026-09-01"}]}
