August 26,
2024
Date of Report (Date of Earliest Event Reported)
Central Index Key Number of the
issuing entity: 0001803858
Wells Fargo Commercial Mortgage Trust 2020-C56
(Exact name of issuing entity)
Central Index Key Number of the
registrant: 0000850779
Wells Fargo Commercial Mortgage Securities, Inc.
(Exact name of registrant as specified in its charter)
Central Index Key Number of the
sponsor: 0001628601
Column Financial, Inc.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001592182
LMF Commercial, LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001685185
UBS AG, acting through its branch located at 1285
Avenue of the Americas, New York, New York
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001549574
Barclays Capital Real Estate Inc.
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001541468
Ladder Capital Finance LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001624053
Argentic Real Estate Finance LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0000740906
Wells Fargo Bank, National Association
(Exact name of sponsor as specified in its charter)
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New York |
333-226486-14 |
38-4149447 |
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(State or other jurisdiction of incorporation of issuing entity) |
(Commission File Number of issuing entity) |
(I.R.S. Employer Identification Numbers) |
c/o Computershare Trust Company,
N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity)
(212)
214-5610
Registrant's Telephone number, including area code
Former name or former address, if changed since last report: Not Applicable
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:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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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 University
Village Mortgage Loan, which constituted approximately 4.1% of the asset pool
of the issuing entity as of its cut-off date, is an asset of the issuing entity
and is part of a loan combination that is being serviced and administered under
the trust and servicing agreement, dated as of December 6, 2019, relating to
the CSMC 2019-UVIL Mortgage Trust filed as Exhibit 99.9 to the registrant’s
Current Report on Form 8-K filed on June 4, 2020 (the “CSMC 2019-UVIL
TSA”). Pursuant to Section 6.4 of the CSMC 2019-UVIL TSA, Situs Holdings,
LLC was removed as special servicer of the University Village Mortgage Loan and
LNR Partners, LLC (“LNR”), a Florida limited liability company, was appointed
as the successor special servicer of the University Village Mortgage Loan under
the CSMC 2019-UVIL TSA.
In the interest of transaction management, this
Current Report on Form 8-K is being filed to record that, effective as of
August 26, 2024, the University Village Mortgage Loan will be specially
serviced, if necessary, pursuant to the CSMC 2019-UVIL TSA, by LNR. LNR
maintains its principal corporate offices at 2340 Collins Avenue, Suite 700,
Miami Beach, Florida 33139 and its telephone number is (305) 695-5600.
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.
Wells Fargo Commercial Mortgage Securities, Inc.
(Depositor)
/s/ Anthony J. Sfarra
Anthony J. Sfarra, President
Date: August 26, 2024