EX-20.1 2 cik0001690255-ex201_6.htm EX-20.1 cik0001690255-ex201_6.htm

 

Acknowledgement and Acceptance of Special Servicer

 

 

March 11, 2021

 

 

BY EMAIL

 

Barclays Commercial Mortgage Securities LLC, as Depositor

745 7th Avenue, 4th Floor

New York, New York 10019

Attention: Daniel Vinson

E-mail: daniel.vinson@barcap.com

Wells Fargo Bank, National Association, as Servicer

Commercial Mortgage Servicing

Three Wells Fargo

MAC D1050-084, 401 South Tryon Street, 8th Floor

Charlotte, North Carolina 28202

Attention: BBCMS 2016-ETC Asset Manager

E-mail: commercial.servicing@wellsfargo.com

 

AEGON USA Realty Advisors, LLC, as Special Servicer

4333 Edgewood Road NE

Cedar Rapids, Iowa 52499

Attention: Gregory A. Dryden

Email: gdryden@aegonusa.com and specialservicing@aegonusa.com

 

Wells Fargo Bank, National Association, as Certificate Administrator and Custodian

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services – BBCMS 2016-ETC

Email: cts.cmbs.bond.admin@wellsfargo.com

Email: trustadministrationgroup@wellsfargo.com

 

Wilmington Trust, National Association

1100 North Market Street

Wilmington, Delaware 19890

Attention: CMBS Trustee – BBCMS 2016-ETC

Email: CMBSTrustee@wilmingtontrust.com

 

 

 

RE:  

Acknowledgement and Acceptance of Special Servicer;

BBCMS 2016-ETC Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2016-ETC

 

Ladies and Gentlemen:

 

Reference is made to that certain Trust and Servicing Agreement (the “TSA”), dated as of August 1, 2016, between Barclays Commercial Mortgage Securities LLC, as Depositor, Wells Fargo Bank, National Association, as Servicer, AEGON USA Realty Advisors, LLC (AEGON”), as Special Servicer, Wells Fargo Bank, National Association, Certificate Administrator and Custodian, and Wilmington Trust, National Association, as Trustee, relating to the BBCMS 2016-ETC Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2016-ETC. Reference is further made to that certain Amended and Restated Co-Lender Agreement (the “Co-Lender Agreement”), dated as of September 6, 2016, by and among Wilmington Trust, National Association, solely in its capacity as Trustee in Trust for Holders of BBCMS 2016-ETC Mortgage Trust, Commercial Mortgage Pass-Through

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Acknowledgement and Acceptance of Special Servicer

Page 2 of 2

 

Certificates, Series 2016-ETC, the Note A-1-A Holder, Note A-2A Holder, Note B-1 Holder, and Note B-2 Holder, Barclays Bank PLC, the Note A-1B Holder, Note A-1-B-2 Holder, and Note A-1-B-3 Holder, and Morgan Stanley Bank, N.A., as Note A-2-B Holder. Capitalized terms used and not otherwise defined herein shall have the respective meanings ascribed to such terms in the TSA and the Co-Lender Agreement, respectfully.

 

Pursuant to Section 7.01(e) of the TSA and Section 7 of the Co-Lender Agreement, the undersigned hereby agrees with all the other parties to the TSA that the undersigned shall serve as Special Servicer under, and as defined in, the TSA. The effective date (the “Effective Date”) of the appointment of the undersigned as Special Servicer shall be the date hereof. The undersigned hereby assumes, as of the Effective Date, all of the responsibilities, duties and liabilities of the Special Servicer under the TSA that arise on and after the Effective Date. The undersigned hereby makes, as of the date hereof, the representations and warranties set forth in Section 2.5(b) of the TSA mutatis mutandis with all references to “Agreement” in Section 2.5(b) of the TSA to include this Acknowledgement and Acceptance of Special Servicer in addition to the Agreement, with the following corrections with respect to type of entity and jurisdiction of organization: Situs Holdings, LLC is a duly formed limited liability company, validly existing in active status under the laws of the State of Delaware.  The undersigned further represents and warrants that it satisfies all of the eligibility requirements applicable to special servicers set forth in the TSA, including that it is a Qualified Replacement Special Servicer, and that all requirements and preconditions for the appointment of the undersigned as Special Servicer have been satisfied.

 

Situs Holdings, LLC’s address for notices pursuant to Section 11.4 of the TSA is as follows:

 

Situs Holdings, LLC

101 Montgomery Street, Suite 2250

San Francisco, California 94104

Attention: Curt Spaugh

E-mail: curtspaugh@situsamc.com

 

with a copy to:

 

Situs Group, LLC

5065 Westheimer, Suite 700E

Houston, Texas 77056

Attention: Legal Department

E-mail: legal@situsamc.com

  

and

 

samnotice@situsamc.com.

  

Sincerely,

 

SITUS HOLDINGS, LLC

 

 

By: /s/ Adriana Boudreaux

Name: Adriana Boudreaux

Title: Deputy General Counsel

 

 

 

 

17789055v.2