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
August 26,
2020
Date of Report (Date of Earliest Event Reported)
Central Index Key Number of the
issuing entity: 0001683489
Wells Fargo Commercial Mortgage Trust 2016-NXS6
(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: 0001542256
Natixis Real Estate Capital LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001624053
Argentic Real Estate Finance LLC (formerly known as
Silverpeak Real Estate Finance LLC)
(Exact name of sponsor as specified in its charter)
Central Index Key Number of the
sponsor: 0001685185
UBS AG
(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)
New York |
333-206677-09 |
38-4014687 |
||
(State or other jurisdiction of incorporation of issuing entity) |
(Commission File Number of issuing entity) |
(I.R.S. Employer Identification Numbers) |
c/o Wells Fargo Bank, National
Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity)
(212)
214-5600
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 |
None |
|
|
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 6.02 Change of Servicer or Trustee.
The Novo Nordisk Mortgage Loan and the Rentar Plaza Mortgage Loan, which constituted approximately 9.7 % and 7.9%, respectively, of the asset pool of the issuing entity as of its cut-off date, are each an asset of the issuing entity and are each part of a loan combination that is being serviced and administered under the pooling and servicing agreement, dated as of December 1, 2016, relating to the CSMC 2016-NXSR Commercial Mortgage Trust transaction, filed as Exhibit 99.1 to the Current Report on Form 8-K/A filed on February 8, 2017 (the “CSMC 2016-NXSR PSA”). Effective August 26, 2020, pursuant to Section 6.03 of the CSMC 2016-NXSR PSA, C-III Asset Management LLC (“C-III”) has transferred substantially all of its assets to Greystone Servicing Company LLC (“Greystone Servicing”), a Delaware limited liability company, which, as the successor to C-III, has assumed all of the rights, duties and obligations of C-III as special servicer under the CSMC 2016-NXSR PSA.
This Form 8-K is being filed to record that, effective as of August 26, 2020, the Novo Nordisk Mortgage Loan and the Rentar Plaza Mortgage Loan will be specially serviced, if necessary, pursuant to the CSMC 2016-NXSR PSA, by Greystone Servicing. Greystone Servicing maintains its principal special servicing office at 419 Belle Air Lane, Warrenton, Virginia 20186.
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 Sfarra
Anthony Sfarra, President
Date: August 26, 2020