8-K 1 n2346-x19_8k.htm FORM 8-K

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): August 27, 2024

 

Central Index Key Number of the issuing entity: 0001830315

BANK 2020-BNK29

(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: 0000740906

Wells Fargo Bank, National Association

Central Index Key Number of the sponsor: 0001541557

Morgan Stanley Mortgage Capital Holdings LLC

Central Index Key Number of the sponsor: 0001102113

Bank of America, National Association

(Exact Names of the Sponsors as Specified in their Charters)

 

Delaware 333-227446-12

38-4160611

38-4160612

38-7250468

(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.)

 

 

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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))

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. ☐

 

Section 8 – Other Events

Item 8.01 – Other Events.

Effective as of August 27, 2024, LNR Partners, LLC (“LNR”), a Florida limited liability company, will act as special servicer for the Grace Building mortgage loan and each related pari passu and/or subordinate promissory note (collectively, the “Grace Building Non-Serviced Loan Combination”), which is serviced under the trust and servicing agreement for the Grace Trust 2020-GRCE securitization (the “Grace Trust 2020-GRCE TSA”), replacing Situs Holdings, LLC as special servicer for such non-serviced loan combination. LNR was appointed at the direction of Core Credit Partners A LLC, the directing certificateholder under the Grace Trust 2020-GRCE TSA. As special servicer for the Grace Building Non-Serviced Loan Combination, LNR will be responsible for the servicing and administration of the Grace Building 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 Grace Building Non-Serviced Loan Combination when the Grace Building Non-Serviced Loan Combination is not specially serviced. Servicing of the Grace Building Non-Serviced Loan Combination will continue to be governed by the Grace Trust 2020-GRCE TSA.

 

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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: August 27, 2024

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