10-K - GS Mortgage Securities Trust 2014-GC22 (0001607865) (Filer)

Wed, Mar 26, 4:41 PM (32 days ago)

**GS Mortgage Securities Trust 2014-GC22 (GSMT) Annual Report Summary** **Company Overview:** GS Mortgage Securities Trust 2014-GC22 (GSMT) is a mortgage-backed securities trust, with Goldman Sachs Mortgage Company and Citigroup Global Markets Realty Corp. among its sponsors. The trust's asset pool includes significant loans like the Selig Portfolio Mortgage Loan and the Maine Mall Mortgage Loan. **Financial Performance:** - **Revenue:** Not explicitly stated, but the trust's asset pool includes loans with substantial net operating incomes, such as the Selig Portfolio Mortgage Loan ($16,328,366.74) and the Maine Mall Mortgage Loan ($17,982,963.92) for the year ended December 31, 2024. - **Net Income:** Not explicitly stated. - **Operating Expenses:** Not explicitly stated. - **Earnings Per Share (EPS):** Not explicitly stated. **Strategic Overview and Future Outlook:** The trust's strategic focus is on managing and servicing its mortgage loan portfolio. The future outlook depends on the performance of its significant obligors and the overall mortgage market conditions. **Risk Factors:** - **Legal Proceedings:** The trust and its related entities are involved in several legal proceedings, including disputes over loan servicing, trust administration, and breach of fiduciary duties. These proceedings could potentially impact the trust's operations and financial condition. - **Market Risks:** As a mortgage-backed securities trust, GSMT is exposed to market risks, including changes in interest rates, credit risks, and prepayment risks. **Financial Condition:** The financial condition of GSMT is not explicitly detailed in the provided text. However, the trust's asset pool includes loans with substantial net operating incomes, suggesting a potentially strong financial position. **Market Position Changes:** The trust's market position is not explicitly discussed in the provided text. However, the involvement of major financial institutions like Goldman Sachs and Citigroup suggests a strong market position. **Key Takeaways:** - GSMT is a mortgage-backed securities trust with a significant loan portfolio. - The trust is involved in several legal proceedings, which could impact its operations. - The financial performance and condition of the trust are not explicitly detailed but appear to be strong based on the net operating incomes of its significant loans. - The trust's future outlook depends on the performance of its loan portfolio and the overall mortgage market conditions.