CSAIL 2019-C15 Commercial Mortgage Trust

03/02/2023 | Press release | Distributed by Public on 03/02/2023 15:13

☐ Emerging growth company - Form 8-K

csc19c15_8k-02162023.htm - Generated by SEC Publisher for SEC Filing

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

February 16, 2023
Date of Report (Date of Earliest Event Reported)

Central Index Key Number of the issuing entity: 0001763502
CSAIL 2019-C15 Commercial Mortgage Trust
(Exact name of issuing entity)

Central Index Key Number of the registrant: 0001654060
Credit Suisse Commercial Mortgage Securities Corp.
(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: 0001767304
3650 REIT Loan Funding 1 LLC (formerly known as Grass River Real Estate Credit Partners Loan Funding LLC d/b/a 3650 REIT)
(Exact name of sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0001755531
Societe Generale Financial Corporation
(Exact name of sponsor as specified in its charter)

Central Index Key Number of the sponsor: 0001722518
BSPRT CMBS Finance, LLC
(Exact name of sponsor as specified in its charter)

New York

333-227081-01

38-4104385
38-4104386

(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) 538-1807
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:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

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 Saint Louis Galleria Mortgage Loan, which constituted approximately 4.0% 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 pooling and servicing agreement, dated as of April 1, 2019 relating to the Benchmark 2019-B10 Mortgage Trust filed as Exhibit 4.1 to the registrant's Current Report on Form 8-K filed on April 16, 2019 (the "Benchmark 2019-B10 PSA"). Pursuant to Section 3.22(b) of the Benchmark 2019-B10 PSA, LNR Partners, LLC, a Florida limited liability company, was removed as special servicer of the Saint Louis Galleria Mortgage Loan and Argentic Services Company LP ("ASC"), a Delaware limited partnership, was appointed as the successor special servicer of the Saint Louis Galleria Mortgage Loan under the Benchmark 2019-B10 PSA.

In the interest of transaction management, this Current Report on Form 8-K is being filed to record that, effective as of February 16, 2023, the Saint Louis Galleria Mortgage Loan will be specially serviced, if necessary, pursuant to the Benchmark 2019-B10 PSA, by ASC. ASC maintains its principal servicing office at 500 North Central Expressway, Suite 261, Plano, Texas 75074 and its telephone number is 469-609-2000.

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.

Credit Suisse Commercial Mortgage Securities Corp.
(Depositor)

/s/ Patrick A. Remmert Jr.

Patrick A. Remmert Jr., Authorized Signatory

Date: March 2, 2023