Special Servicer Acknowledgment and Assumption May 5, 2023
Special Servicer Acknowledgment and Assumption
May 5, 2023
To the Parties Set Forth on Schedule I, attached hereto
Re: Special Servicer Acknowledgment and Assumption: Pooling and Servicing Agreement dated as of November 1, 2017 for the UBS Commercial Mortgage Trust 2017-C5, Commercial Mortgage Pass-Through Certificates, Series 2017-C5
Dear Sir or Madam:
Reference is made to the (i) Pooling and Servicing Agreement dated and effective as of November 1, 2017, among UBS Commercial Mortgage Securitization Corp., as Depositor, Midland Loan Services, a Division of PNC Bank, National Association, as Master Servicer and as Special Servicer, Xxxxx Fargo Bank, National Association, as Certificate Administrator and as Trustee, and Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer (the “PSA”) and (ii) the Co-Lender Agreement dated and effective as of November 16, 2017 between Tuebor TRS II LLC, in its capacities as Note A-1 Holder and Note A-2 Holder, with respect to the DoubleTree Wilmington Mortgage Loan; the Co-Lender Agreement dated and effective as of October 18, 2017 between Ladder Capital Finance LLC, in its capacities as Note A-1 Holder, Note A-2 Holder and Note A-3 Holder, with respect to the 50 Varick Street Mortgage Loan; the Co-Lender Agreement dated and effective as of November 16, 2017 between Cantor Commercial Real Estate Lending, L.P., in its capacities as Note A-1 Holder and Note A-2 Holder, with respect to the Manchester Financial Building Mortgage Loan; and the Co-Lender Agreement dated and effective as of October 10, 2017 between Rialto Mortgage Finance, LLC, in its capacities as Note A-1 Holder and Note A-2 Holder, with respect to the Atristco Plaza Shopping Center Mortgage Loan (together the “Co-Lender Agreements”). Capitalized terms used herein but undefined have the meanings given to them in the PSA and Co-Lender Agreements.
Pursuant to Sections 7.01(d) and 7.02 of the PSA, and Section 15 of each of the Co-Lender Agreements, K-Star Asset Management LLC (“K-Star”) hereby agrees with all the other parties to the PSA that K-Star shall serve as the Special Servicer under, and as defined in the PSA with regard to the Serviced Loans. K-Star hereby acknowledges and agrees that, as of May 5, 2023 (the “Effective Date”), it is and shall be a party to the PSA and bound thereby to the full extent indicated therein in the capacity of the Special Servicer with respect to the Serviced Loans, but shall have no liability with respect to any act or omission of any predecessor Special Servicer. K-Star hereby accepts all responsibilities, duties, and liabilities of the Special Servicer and assumes the due and punctual performance and observance of each covenant and condition to be performed or observed by the Special Servicer under the PSA from and after the Effective Date. X-Xxxx’s address for notices pursuant to Section 13.05 of the PSA is as follows:
K-Star Asset Management LLC
0000 Xxxxxx Xxxx, Xxxxx 000
Dallas, Texas 75225
BUSINESS.30087751.2
Attention: Xxxxxxx Xxxxxx
Email: Xxxxxxx.Xxxxxx@XXX.xxx
As of the Effective Date, K-Star hereby:
(a) makes the representations and warranties provided for in Section 6.01 of the PSA mutatis mutandis with all references to “Agreement” in Section 6.01 of the PSA to include this Special Servicer Acknowledgment and Assumption (“Acknowledgment”) in addition to the PSA, except that it (i) is a Delaware limited liability company, and (ii) has executed this Acknowledgment in lieu of execution and delivery of the PSA per Section 6.01(b)(ii); and
(b) certifies that it satisfies all related qualifications set forth in the Co-Lender Agreements relating to the Serviced Companion Loans; and
(c) represents and warrants that, as of the Effective Date, it satisfies all of the eligibility requirements applicable to the Special Servicer set forth in the PSA and the Co-Lender Agreements and that all preconditions to the appointment of K-Star as Special Servicer have been satisfied.
For the sake of clarity, it is understood and agreed that the Non-Serviced Mortgage Loans are not covered by this Acknowledgment as such Non-Serviced Mortgage Loans are not serviced under the PSA and accordingly special servicing of those Non-Serviced Mortgage Loans is not transferring to K-Star.
[SIGNATURE PAGE FOLLOWS]
BUSINESS.30087751.2
K-STAR ASSET MANAGEMENT LLC, a Delaware limited liability company
By: /s/ Xxxxxxx Xxxxxx
Name: Xxxxxxx Xxxxxx
Title: President and Chief Executive Officer
[Signature Page to UBS 2017-C5 Acknowledgment and Assumption Agreement]
BUSINESS.30087751.2
Schedule I
Depositor:
UBS Commercial Mortgage Securitization Corp.
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxxxxxx Xxxxxxx
E-mail: xxxxxxxx.xxxxxxx@xxx.xxx
with a copy to:
UBS Business Solutions LLC
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxx Xxxxxxxxxxx, Executive Director & Counsel
and a copy to:
Cadwalader, Xxxxxxxxxx & Xxxx LLP
One World Financial Center
New York, New York
Attention: Xxxxx Xxxxxxxxx, Esq.
Facsimile: (000) 000 0000
Master Servicer and Special Servicer:
Midland Loan Services, a Division of PNC Bank, National Association,
00000 Xxxxxx Xxxxxx, Xxxxx 000
Overland Park, Kansas 66210
Attention: Executive Vice President – Division Head,
Fax number: 0-000-000-0000
with a copy to:
Xxxxxxx Xxxxxxx Street LLP
0000 Xxxxxx Xxxxxx
Suite 2900
Kansas City, Missouri 00000-0000
Fax Number: (000) 000-0000
Attention: Xxxxx X. Xxxxx
E-mail: xxxxx.xxxxx@xxxxxxx.xxx
Certificate Administrator and Trustee:
Xxxxx Fargo Bank, National Association,
c/o Computershare Trust Company, National Association, as Agent
0000 Xxx Xxxxxxxxx Xxxx
Columbia, Maryland 21045
Attention: Corporate Trust Services: UBS 2017-C5
BUSINESS.30087751.2
with a copy to:
xxx.xxxx.xxxx.xxxxx@xxxxxxxxxx.xxx
xxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx
Operating Advisor and Asset Representations Reviewer:
Park Bridge Lender Services LLC
000 Xxxxx Xxxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: UBS 2017-C5 – Surveillance Manager
(with a copy sent contemporaneously via email to:
xxxx.xxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx)
UBS 2017-C6– Other Depositor
UBS Commercial Mortgage Securitization Corp.
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxxxxxx Xxxxxxx
Email: xxxxxxxx.xxxxxxx@xxx.xxx
with a copy to:
UBS Business Solutions LLC
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxx Xxxxxxxxxxx, Executive Director & Counsel
and a copy to:
Cadwalader, Xxxxxxxxxx & Xxxx LLP
One World Financial Center
New York, New York
Attention: Xxxxx Xxxxxxxxx, Esq.
Facsimile: (000) 000-0000
UBS 2017-C6– Other Master Servicer
Xxxxx Fargo Bank, National Association
Commercial Mortgage Servicing
Three Xxxxx Fargo
MAC D1050-084
000 Xxxxx Xxxxx Xxxxxx, 8th Floor
Charlotte, North Carolina 28202
Attention: UBS 2017-C6 Asset Manager
Email: xxxxxxxxxx.xxxxxxxxx@xxxxxxxxxx.xxx
BUSINESS.30087751.2
with a copy to:
K&L Gates LLP
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Charlotte, North Carolina 28202
Attention: Xxxxx X. Xxxxxxxxx
Facsimile Number: (000) 000-0000
UBS 2017-C6– Other Special Servicer
Rialto Capital Advisors, LLC,
Southeast Financial Center
000 X. Xxxxxxxx Xxxx, Xxxxx 0000
Miami, Florida 33131
Attention: Xxxx Xxxxxx
Facsimile number: (000) 000-0000
E-mail: xxxx.xxxxxx@xxxxxxxxxxxxx.xxx
UBS 2017-C6– Other Operating Advisor and Asset Representations Reviewer
Pentalpha Surveillance LLC
000 X. Xxxxxx Xxxx, Xxxxx 000
Amherst, New York, 14228
Attention: UBS 2017-C6 Transaction Manager
With a copy sent via email to: xxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx with UBS 2017-C6 in the subject line
with a copy to:
Bass, Xxxxx & Xxxx PLC
000 Xxxxx Xxxxxx Xxxxx
Suite 2800
Nashville, Tennessee 37201
Attention: Xxx X. Xxxxxx
Email: xxxxxxx@xxxxxxxxx.xxx
UBS 2017-C6– Other Certificate Administrator
Xxxxx Fargo Bank, National Association,
c/o Computershare Trust Company, National Association, as Agent
0000 Xxx Xxxxxxxxx Xxxx
Columbia, Maryland 21045
Attention: Corporate Trust Services: UBS 2017-C6
with a copy to:
xxx.xxxx.xxxx.xxxxx@xxxxxxxxxx.xxx
xxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx
BUSINESS.30087751.2
UBS 2017-C6– Other Trustee
Wilmington Trust, National Association
0000 Xxxxx Xxxxxx Xxxxxx
Wilmington, Delaware 19890
Attention: CMBS Trustee UBS 2017-C6
with a copy to:
XXXXXxxxxxx@xxxxxxxxxxxxxxx.xxx
Facsimile No.: (000) 000-0000
CGCMT 2017-C4– Other Depositor
Citigroup Commercial Mortgage Securities Inc.
000 Xxxxxxxxx Xxxxxx, 0xx Floor
New York, New York 10013
Attention: Xxxx Xxxxxxxxxxx
Fax number: (000) 000-0000
with a copy to:
Citigroup Commercial Mortgage Securities Inc.
000 Xxxxxxxxx Xxxxxx
New York, New York 10013
Attention: Xxxxxxx Xxxxxxx
Fax number: (000) 000-0000
with a copy to:
Citigroup Commercial Mortgage Securities Inc.
000 Xxxxxxxxx Xxxxxx, 00xx Floor
New York, New York 10013
Attention: Xxxx X. X’Xxxxxx
Fax number: (000) 000-0000
with electronic copies e-mailed to:
Xxxxxxx Xxxxxxx at xxxxxxx.xxxxxxx@xxxx.xxx and
Xxxx X. X’Xxxxxx at xxxx.x.xxxxxxx@xxxx.xxx
CGCMT 2017-C4– Other Master Servicer and Special Servicer
Midland Loan Services, a Division of PNC Bank, National Association,
00000 Xxxxxx Xxxxxx, Xxxxx 000
Overland Park, Kansas 66210
Attention: Executive Vice President – Division Head
Fax number: 0-000-000-0000
with a copy to:
Xxxxxxx Xxxxxxx Street LLP
0000 Xxxxxx Xxxxxx, Xxxxx 0000
Kansas City, Missouri 64106-2150
Attention: Xxxxx X. Xxxxx
Fax number: (000) 000-0000
BUSINESS.30087751.2
CGCMT 2017-C4– Other Operating Advisor and Asset Representations Reviewer
Park Bridge Lender Services LLC
000 Xxxxx Xxxxxx, 00xx floor
New York, New York 10016
Attention: CGCMT 2017-C4 – Surveillance Manager
with copies sent contemporaneously via email to xxxx.xxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx
CGCMT 2017-C4– Other Certificate Administrator
Citibank, N.A.
000 Xxxxxxxxx Xxxxxx
New York, New York 10013
Attention: Citibank Agency & Trust - CGCMT 2017-C4
Fax number: (000) 000-0000
CGCMT 2017-C4– Other Trustee
Wilmington Trust, National Association
0000 Xxxxx Xxxxxx Xxxxxx
Wilmington, Delaware 19890
Attention: CMBS Trustee – CGCMT 2017-C4
Fax number: (000) 000-0000
Email: xxxxxxxxxxx@xxxxxxxxxxxxxxx.xxx
UBS 2017-C4– Other Depositor
UBS Commercial Mortgage Securitization Corp.
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxxxxxx Xxxxxxx
Email: xxxxxxxx.xxxxxxx@xxx.xxx
with a copy to:
UBS Business Solutions LLC
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxx Xxxxxxxxxxx, Executive Director & Counsel
and a copy to:
Cadwalader, Xxxxxxxxxx & Xxxx LLP
One World Financial Center
New York, New York
Attention: Xxxxx Xxxxxxxxx, Esq.
Facsimile: (000) 000-0000
BUSINESS.30087751.2
UBS 2017-C4– Other Master Servicer
Xxxxx Fargo Bank, National Association
Commercial Mortgage Servicing
Three Xxxxx Fargo
MAC D1050-084
000 Xxxxx Xxxxx Xxxxxx, 8th Floor
Charlotte, North Carolina 28202
Attention: UBS 2017-C4 Asset Manager
Email: xxxxxxxxxx.xxxxxxxxx@xxxxxxxxxx.xxx
with a copy to:
K&L Gates LLP
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Charlotte, North Carolina 28202
Attention: Xxxxx X. Xxxxxxxxx
UBS 2017-C4– Other Special Servicer
Rialto Capital Advisors, LLC,
Southeast Financial Center
000 X. Xxxxxxxx Xxxx, Xxxxx 0000
Miami, Florida 33131
Attention: Xxxx Xxxxxx
Facsimile number: (000) 000-0000
E-mail: xxxx.xxxxxx@xxxxxxxxxxxxx.xxx
UBS 2017-C4– Other Operating Advisor and Asset Representations Reviewer
Pentalpha Surveillance LLC
000 X. Xxxxxx Xxxx, Xxxxx 000
Amherst, New York, 14228
Attention: UBS 2017-C4 Transaction Manager
With a copy sent via email to: xxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx with UBS 2017-C4 in the subject line
with a copy to:
Bass, Xxxxx & Xxxx PLC
000 Xxxxx Xxxxxx Xxxxx
Suite 2800
Nashville, Tennessee 37201
Attention: Xxx X. Xxxxxx
Email: xxxxxxx@xxxxxxxxx.xxx
UBS 2017-C4– Other Certificate Administrator
Xxxxx Fargo Bank, National Association
c/o Computershare Trust Company, National Association, as Agent
0000 Xxx Xxxxxxxxx Xxxx
Columbia, Maryland 21045
Attention: Corporate Trust Services: UBS 2017-C4
BUSINESS.30087751.2
with a copy to:
xxx.xxxx.xxxx.xxxxx@xxxxxxxxxx.xxx
xxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx
UBS 2017-C4– Other Trustee
Wilmington Trust, National Association
0000 Xxxxx Xxxxxx Xxxxxx
Wilmington, Delaware 19890
Attention: CMBS Trustee UBS 2017-C4
with a copy to:
XXXXXxxxxxx@xxxxxxxxxxxxxxx.xxx
Facsimile No.: (000) 000-0000
CCUBS 2017-C1– Other Depositor
UBS Commercial Mortgage Securitization Corp.
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxxxxxx Xxxxxxx
Email: xxxxxxxx.xxxxxxx@xxx.xxx
with a copy to:
UBS Business Solutions LLC
0000 Xxxxxx xx xxx Xxxxxxxx
New York, New York 10019
Attention: Xxxx Xxxxxxxxxxx, Executive Director & Counsel
and a copy to:
Cadwalader, Xxxxxxxxxx & Xxxx LLP
One World Financial Center
New York, New York
Attention: Xxxxx Xxxxxxxxx, Esq.
Facsimile: (000) 000-0000
CCUBS 2017-C1– Other Master Servicer and Special Servicer
Midland Loan Services, a Division of PNC Bank, National Association,
00000 Xxxxxx Xxxxxx, Xxxxx 000
Overland Park, Kansas 66210
Attention: Executive Vice President – Division Head,
Fax number: 0-000-000-0000
BUSINESS.30087751.2
with a copy to:
Xxxxxxx Xxxxxxx Street LLP
0000 Xxxxxx Xxxxxx
Suite 2900
Kansas City, Missouri 00000-0000
Fax Number: (000) 000-0000
Attention: Xxxxx X. Xxxxx
Email: xxxxx.xxxxx@xxxxxxx.xxx
CCUBS 2017-C1– Other Operating Advisor and Asset Representations Reviewer
Park Bridge Lender Services LLC
000 Xxxxx Xxxxxx, 00xx Floor
New York, New York 10016
Attention: CCUBS 2017-C1 – Surveillance Manager
(with a copy sent contemporaneously via email to:
xxxx.xxxxxxx@xxxxxxxxxxxxxxxxxxx.xxx)
CCUBS 2017-C1– Other Certificate Administrator and Trustee
Xxxxx Fargo Bank, National Association
c/o Computershare Trust Company, National Association, as Agent
0000 Xxx Xxxxxxxxx Xxxx
Columbia, Maryland 21045
Attention: Corporate Trust Services: CCUBS 2017-C1
with a copy to:
xxx.xxxx.xxxx.xxxxx@xxxxxxxxxx.xxx
xxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx
WFCM 2017-C40– Other Depositor
Xxxxx Fargo Commercial Mortgage Securities, Inc.
c/o Wells Fargo Securities, LLC
00 Xxxxxx Xxxxx, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: X.X. Xxxxxx
xxxxxxxxxxx@xxxxxxxxxx.xxx
with a copy to:
Xxxx X. Xxxxxxxx, Esq.
Senior Counsel, Xxxxx Fargo Legal Department
000 X Xxxxx Xxxxxx, XXX X0000-000
00xx Xxxxx
Xxxxxxxxx, Xxxxx Xxxxxxxx 00000-0000
BUSINESS.30087751.2
WFCM 2017-C40– Other Master Servicer
Xxxxx Fargo Bank, National Association
Commercial Mortgage Servicing
Three Xxxxx Fargo
MAC D1050-084
000 Xxxxx Xxxxx Xxxxxx, 8th Floor
Charlotte, North Carolina 28202
Attention: WFCM 2017-C40 Asset Manager
Email: xxxxxxxxxx.xxxxxxxxx@xxxxxxxxxx.xxx
and a copy to:
Xxxxx Xxxxx LLP
000 Xxxxx Xxxxx Xxxxxx, Xxxxx 0000
Charlotte, NC 28202
Attention: Xxxxxxxxxxx X. Xxxxx
WFCM 2017-C40– Other Special Servicer
C-III Asset Management LLC
0000 X. X’Xxxxxx Xxxx., Xxxxx 000
Irving, Texas 75039
Attention: Xxxxxxx Xxxxxx
Facsimile No.: (000) 000-0000
Email: xxxxxxx@x0xx.xxx
with a copy to:
C-III Asset Management LLC
0000 X. X’Xxxxxx Xxxx., Xxxxx 000
Irving, Texas 75039
Attention: Xxxxx Xxxxx
Facsimile No.: (000) 000-0000
Email: xxxxxx@x0xx.xxx
WFCM 2017-C40– Other Operating Advisor and Asset Representations Reviewer
Pentalpha Surveillance LLC
000 X. Xxxxxx Xxxx, Xxxxx 000
Amherst, New York, 14228
Attention: WFCM 2017-RC1 Transaction Manager
With a copy sent via email to: xxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx with WFCM 2017-RC1 in the subject line
with a copy to:
Bass, Xxxxx & Xxxx PLC
000 Xxxxx Xxxxxx Xxxxx
Suite 2800
Nashville, Tennessee 37201
Attention: Xxx X. Xxxxxx
Email: xxxxxxx@xxxxxxxxx.xxx
BUSINESS.30087751.2
WFCM 2017-C40– Other Certificate Administrator
Xxxxx Fargo Bank, National Association
c/o Computershare Trust Company, National Association, as Agent
0000 Xxx Xxxxxxxxx Xxxx
Columbia, Maryland 21045
Attention: Corporate Trust Services – WFCM 2017-C40
with a copy to:
xxx.xxxx.xxxx.xxxxx@xxxxxxxxxx.xxx
xxxxxxxxxxxxxxxxxxxxxxxx@xxxxxxxxxx.xxx
WFCM 2017-C40– Other Trustee
Wilmington Trust, National Association
0000 Xxxxx Xxxxxx Xxxxxx
Wilmington, Delaware 19890
Attention: CMBS Trustee WFCM 2017-C40
with a copy to:
XXXXXxxxxxx@xxxxxxxxxxxxxxx.xxx
Facsimile No.: (000) 000-0000
BUSINESS.30087751.2
