09/05/2025 | Press release | Distributed by Public on 09/05/2025 12:33
Item 8.01 Other Events.
The 650 Madison Avenue mortgage loan, an asset of Citigroup Commercial Mortgage Trust 2019-C7 (the "Issuing Entity"), is being serviced pursuant to the trust and servicing agreement, dated as of December 8, 2019 (the "MAD 2019-650M TSA"), by and among Citigroup Commercial Mortgage Securities Inc., as depositor, KeyBank National Association, as servicer, 3650 REIT Loan Servicing LLC (as successor to LNR Partners, LLC), as special servicer, Wilmington Trust, National Association, as trustee, and Citibank, N.A., as certificate administrator, which governs the issuance of the MAD Commercial Mortgage Trust 2019-650M, Commercial Mortgage Pass-Through Certificates, Series 2019-650M. The MAD 2019-650M TSA was filed as Exhibit 4.1 to the Current Report on Form 8-K/A with respect to the Issuing Entity, filed on June 8, 2020 under Commission File No. 333-228597-05.
Effective as of September 5, 2025, 3650 REIT Loan Servicing LLC has been terminated as special servicer under the MAD 2019-650M TSA, and Green Loan Services LLC has been appointed to act as successor special servicer under the MAD 2019-650M TSA. A copy of the related Acknowledgment and Assumption of Proposed Special Servicer dated September 5, 2025 is attached hereto as Exhibit 20.1
Capitalized terms used but not defined herein shall have the meanings assigned to them in the Pooling and Servicing Agreement dated as of December 1, 2019 relating to the Issuing Entity, filed as Exhibit 4.1 to the Current Report on Form 8-K/A with respect to the Issuing Entity filed on January 3, 2020 under Commission File No. 333-228597-05.