UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 24, 2023
Central Index Key Number of the issuing entity: 0001816861
Morgan Stanley Capital I Trust 2020-HR8
(Exact name of Issuing Entity)
Central Index Key Number of the Registrant: 0001547361
Morgan Stanley Capital I Inc.
(Exact Name of Registrant as Specified in its Charter)
Central Index Key Number of the sponsor: 0001541557
Morgan Stanley Mortgage Capital Holdings LLC
Central Index Key Number of the sponsor: 0001624053
Argentic Real Estate Finance LLC
Central Index Key Number of the sponsor: 0001548405
Starwood Mortgage Capital LLC
Central Index Key Number of the sponsor: 0001549574
Barclays Capital Real Estate Inc.
(Exact Names of the Sponsors as Specified in their Charters)
Delaware | 333-227446-11 | 38-4149516 38-4149517 38-7250402 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
1585 Broadway, New York, New York | 10036 |
(Address of Principal Executive Offices) | (ZIP Code) |
Registrant’s telephone number, including area code: (212) 761-4000
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))
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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 o
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. o
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Section 8 – Other Events
Item 8.01 – Other Events.
Effective as of April 24, 2023, K-Star Asset Management LLC (“K-Star”), a Delaware limited liability company, will act as special servicer for the Bushwick Multifamily Portfolio mortgage loan and each related pari passu and/or subordinate promissory note (collectively, the “Bushwick Multifamily Portfolio Non-Serviced Loan Combination”), which is serviced under the pooling and servicing agreement for the WFCM 2020-C56 securitization (the “WFCM 2020-C56 PSA”), replacing Midland Loan Services, a Division of PNC Bank, National Association as special servicer for such non-serviced loan combination. K-Star was appointed at the direction of KKR Real Estate Credit Opportunity Partners II L.P., the directing certificateholder under the WFCM 2020-C56 PSA. As special servicer for the Bushwick Multifamily Portfolio Non-Serviced Loan Combination, K-Star will be responsible for the servicing and administration of the Bushwick Multifamily Portfolio Non-Serviced Loan Combination if it becomes specially serviced (and the servicing and administration of any related REO property) and processing and performing certain reviews of material actions with respect to the Bushwick Multifamily Portfolio Non-Serviced Loan Combination when the Bushwick Multifamily Portfolio Non-Serviced Loan Combination is not specially serviced. Servicing of the Bushwick Multifamily Portfolio Non-Serviced Loan Combination will continue to be governed by the WFCM 2020-C56 PSA. K-Star is an affiliate of (x) KKR Real Estate Credit Opportunity Partners II L.P., the directing certificateholder with respect to the MSC 2020-HR8 securitization and (y) KKR CMBS II Aggregator Type 2 L.P., the third party purchaser and retaining party with respect to the MSC 2020-HR8 securitization.
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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.
MORGAN STANLEY CAPITAL I INC. | ||
By: | /s/ Jane Lam | |
Name: Jane Lam | ||
Title: President |
Dated: April 24, 2023
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