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BENCHMARK 2020-B19 MORTGAGE TRUST: Other Events

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Neutral

Citigroup filed a report about a change in who handles special servicing for a mortgage loan. The filing reports no change to Citigroup's own work or results, so its outlook is unchanged.

C · Citigroup Commercial Mortgage Securities, Inc.

AI read · Neutral

The AI's read

The filing names Citigroup as the depositor, not the party that chose the replacement. It reports no change to Citigroup's work or results. PNC's Midland unit is named as master servicer, and the new appointment is for a separate special-servicer role.

PNC · Midland Loan Services, a Division of PNC Bank, National Association

AI read · Neutral

The connection

PNC's Midland Loan Services is named as master servicer, but the change is for a separate special-servicer role. The filing reports no change to PNC's duties or results, so its outlook is unchanged.

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