{"filing":{"accession_number":"0001888524-26-016475","cik":"0002056663","ticker":null,"company_name":"Benchmark 2025-V14 Mortgage Trust","form":"8-K","filing_date":"2026-09-01","report_date":"2026-09-01","primary_document":"bmk25v14_8k-09012026.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2056663/000188852426016475/bmk25v14_8k-09012026.htm"},"events":[{"id":30976,"run_id":28407,"accession_number":"0001888524-26-016475","anchor_item_number":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"summary":"This 8-K discloses a change of servicer under Item 6.02 (Asset-Backed Securities), effective September 1, 2026. Greystone Servicing Company LLC sold substantially all assets of its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities as special servicer for the BMARK 2025-V14 securitization and approximately 60 other transactions representing $20.7 billion in aggregate principal balance. While the filing is structured as a servicer change disclosure (governance/administrative), the scale of the transaction—involving transfer of a major servicing portfolio with substantial assets and key personnel—and the detailed disclosure of C-IV AM's qualifications, ratings, and historical performance suggest materiality to investors in the securitization. The event is classified as governance_other rather than a more specific type because no dedicated 8-K item exists for servicer changes in the standard taxonomy, though the disclosure is clearly governance-related and material to the trust's operations.","company_name":"Benchmark 2025-V14 Mortgage Trust","ticker":null,"filing_date":"2026-09-01","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":33741,"accession_number":"0001888524-26-016475","item_number":null,"item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"This 8-K discloses a change of servicer under Item 6.02 (Asset-Backed Securities), effective September 1, 2026. Greystone Servicing Company LLC sold substantially all assets of its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities as special servicer for the BMARK 2025-V14 securitization and approximately 60 other transactions representing $20.7 billion in aggregate principal balance. While the filing is structured as a servicer change disclosure (governance/administrative), the scale of the transaction—involving transfer of a major servicing portfolio with substantial assets and key personnel—and the detailed disclosure of C-IV AM's qualifications, ratings, and historical performance suggest materiality to investors in the securitization. The event is classified as governance_other rather than a more specific type because no dedicated 8-K item exists for servicer changes in the standard taxonomy, though the disclosure is clearly governance-related and material to the trust's operations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:17:45.332627+00:00","company_name":"Benchmark 2025-V14 Mortgage Trust","ticker":null,"filing_date":"2026-09-01"}]}
