UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: May 10, 2023
(Date of earliest event reported)
Central Index Key Number of the issuing entity: 0001783287
Citigroup Commercial Mortgage Trust 2019-GC41
(exact name of the issuing entity as specified in its charter)
Central Index Key Number of the depositor: 0001258361
Citigroup Commercial Mortgage Securities Inc.
(exact name of the depositor as specified in its charter)
Citi Real Estate Funding Inc.
(Central Index Key Number: 0001701238)
Goldman Sachs Mortgage Company
(Central Index Key Number: 0001541502)
German American Capital Corporation
(Central Index Key Number: 0001541294)
(Exact names of sponsors as specified in their respective charters)
New York the issuing entity) | 333-228597-02 (Commission File Number of the issuing entity) | 84-2948374 84-2966409 (I.R.S. Employer Identification Numbers) |
c/o Citibank, N.A.
as Certificate Administrator
388 Greenwich Street Trading, 4th Floor
New York, NY
(Address of principal executive offices of the issuing entity)
10013
(Zip Code)
Registrant’s telephone number, including area code:
(212) 816-5614
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
None |
|
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
The Zappettini Portfolio mortgage loan and the CIRE Equity Retail & Industrial Portfolio mortgage loan, each an asset of Citigroup Commercial Mortgage Trust 2019-GC41 (the “Issuing Entity”), are being serviced pursuant to the pooling and servicing agreement, dated as of August 1, 2019 (the “Benchmark 2019-B12 PSA”), by and among Citigroup Commercial Mortgage Securities Inc., as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer and as a special servicer, Pacific Life Insurance Company, as a special servicer solely with respect to the Woodlands Mall loan combination, CWCapital Asset Management LLC (as successor to Trimont Real Estate Adivors, LLC) as a special servicer soley with respect to The Centre loan combination, Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer, Citibank, N.A., as certificate administrator, and Wilmington Trust, National Association, as trustee, which governs the issuance of the Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-B12. The Benchmark 2019-B12 PSA was filed as Exhibit 4.5 to the Current Report on Form 8-K with respect to the Issuing Entity, dated August 20, 2019 under Commission File No. 333-228597-02.
Effective as of May 10, 2023, Midland Loan Services, a Division of PNC Bank, National Association has been terminated as a special servicer under the Benchmark 2019-B12 PSA, and K-Star Asset Management LLC has been appointed to act as successor special servicer (other than with respect to the 2 MacArthur Loan Combination, The Centre Loan Combination and the Woodlands Mall Loan Combination) under the Benchmark 2019-B12 PSA. A copy of the related Special Servicer Acknowledgment and Assumption dated May 10, 2023 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 August 1, 2019 relating to the Issuing Entity, filed as Exhibit 4.1 to the Current Report on Form 8-K with respect to the Issuing Entity dated August 20, 2019 under Commission File No. 333-228597-02.
Item 9.01. | Financial Statements and Exhibits. | |
(d) | Exhibits | |
Exhibit No. | Description | |
Exhibit 20.1 | Special Servicer Acknowledgment and Assumption, dated May 10, 2023 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Citigroup Commercial Mortgage Securities Inc.
(Depositor)
/s/ Richard Simpson
Richard Simpson, President
Date: May 10, 2023
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