DealChartsby CMD+RVL

BBCMS 2023-C20

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 30, 2026.
2026-06-30
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BBCMS 2023-C20? A US commercial mortgage-backed security issued June 2023 ($826.6M; 51 loans; 162 properties).

Identifiers: Shelf BBCMS; Series bbcms2023-c20; CIK 1981769.

Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.

Sources: SEC EDGAR CIK 1981769.

What it means for you: This is the reported figure—the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.

Part of:2023 VintageBBCMS ShelfLNR Partners (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bbcms2023-c20.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:🏢 Entities
8
📈 Metrics
34
📊 Charts
14
💰 Fund Holdings
6
📄 Documents
7
💬 Analysis & Commentary
4

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassLD III SUB XII, LLC
Operating AdvisorPark Bridge Lender Services
TrusteeComputershare Trust Company, N.A.
Master ServicerKeyBank National Association
DepositorBarclays Commercial Mortgage Securities
Certificate AdministratorComputershare Trust Company, N.A.
Special ServicerLNR Partners

Deal Metrics

Key performance indicators and statistics tracking the deal's current status and history.

Deal Overview

Original Trust Amount
$826,642,000
Current Trust Amount
$816,454,052
Number of Loans
51
Number of Properties
162
Average Loan Size
$16,208,667

Portfolio Characteristics

Weighted Average Interest Rate
6.6%
Weighted Average Term
108 months
WA DSCR (NCF) at Issuance
N/A
WA DSCR (NCF) Current
1.86x
Original Valuation
$7,898,475,000
Current Valuation
$7,449,675,000

Key Dates

Origination Date
6/7/2023
Latest Valuation
3/1/2024
Latest Transfer
11/7/2025
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
4
Special Servicing Balance
$23,836,121
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
501 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
0
Total Updated Value
N/A
Value Change Amount
N/A
Value Change Percentage
N/A

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BBCMS 2023-C20 - All States
2026-06-30

Fund Exposure#

Source: NPORT-P & related disclosures • 2023-11-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Funds Multi-Sector Income Fund2026-05-28Search FIGILookup LEIB$7,888,6292026-12-31
Putnam ESG Core Bond ETF2026-03-31Search FIGILookup LEIX-B$1,596,7752026-04-30
BlackRock Securitized Income Fund2025-12-23Search FIGILookup LEIX-A$548,9692026-04-30
iShares Securitized Income Active ETF2026-06-26Search FIGILookup LEIX-A$523,0872026-04-30
EQ/Core Plus Bond Portfolio2023-11-27Search FIGILookup LEIA-5$277,6922023-12-31
Core Fixed Income Fund2025-04-28Search FIGILookup LEIX-A$268,9152025-08-31
Fund NameTranchesIds
American Funds Multi-Sector Income Fund
$7,888,629
2026-12-31
BSearch FIGI
Lookup LEI
Putnam ESG Core Bond ETF
$1,596,775
2026-04-30
X-BSearch FIGI
Lookup LEI
BlackRock Securitized Income Fund
$548,969
2026-04-30
X-ASearch FIGI
Lookup LEI
iShares Securitized Income Active ETF
$523,087
2026-04-30
X-ASearch FIGI
Lookup LEI
EQ/Core Plus Bond Portfolio
$277,692
2023-12-31
A-5Search FIGI
Lookup LEI
Core Fixed Income Fund
$268,915
2025-08-31
X-ASearch FIGI
Lookup LEI
6 of 6 funds* Use toggle buttons to sort
* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
Filings are mapped to tranches/deals with normalized identifiers.Quality & lineageFund not listed or misattributed? Contact us at support@cmdrvl.com to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-05-28
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2023-12-22
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →
2023-12-22
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →
2023-07-11
Final Prospectus
Document filing with updated information.
View on SEC →
2023-06-15
Annex A
Document filing with updated information.
View on SEC →
2023-06-15
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2023-06-15
Final Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →

Entity Statements

💬 Servicer Commentary

2026-06-30
Prospectus ID: 20-A-10
6/11/2026 Borrower filed chapter 11 bankruptcy on June 26, 2024. Borrower and Lender came to an agreement on a court-approved plan to sell all collateral. Lender was the successful bidder at the 363 Sale on September 25, 2025. On November 12, 2025 , the transfer oftitle to all the Properties in the Portfolio was completed and the Portfolio is now REO. Updates regarding the wind-down of the litigation will be provided as they become available. Sale strategies are being explored while railroad contra ct extensions arebeing negotiated. Special Servicer has completed some deferred maintenance and addressed brand standard deficiencies. T12 average 4/2026 KPI's - 116.6% occ index, 97.4% ADR index, 115.0%
Open Deal →

💬 Servicer Commentary

2026-06-30
Prospectus ID: 20-A-12
6/11/2026 Borrower filed chapter 11 bankruptcy on June 26, 2024. Borrower and Lender came to an agreement on a court-approved plan to sell all collateral. Lender was the successful bidder at the 363 Sale on September 25, 2025. On November 12, 2025 , the transfer oftitle to all the Properties in the Portfolio was completed and the Portfolio is now REO. Updates regarding the wind-down of the litigation will be provided as they become available. Sale strategies are being explored while railroad contra ct extensions arebeing negotiated. Special Servicer has completed some deferred maintenance and addressed brand standard deficiencies. T12 average 4/2026 KPI's - 116.6% occ index, 97.4% ADR index, 115.0%
Open Deal →

💬 Servicer Commentary

2026-06-30
Travelodge - 98 Moffat Avenue
Prospectus ID: 20-A-11
6/11/2026 Borrower filed chapter 11 bankruptcy on June 26, 2024. Borrower and Lender came to an agreement on a court-approved plan to sell all collateral. Lender was the successful bidder at the 363 Sale on September 25, 2025. On November 12, 2025 , the transfer oftitle to all the Properties in the Portfolio was completed and the Portfolio is now REO. Updates regarding the wind-down of the litigation will be provided as they become available. Sale strategies are being explored while railroad contra ct extensions arebeing negotiated. Special Servicer has completed some deferred maintenance and addressed brand standard deficiencies. T12 average 4/2026 KPI's - 116.6% occ index, 97.4% ADR index, 115.0%
Open Deal →

💬 Servicer Commentary

2026-06-30
Cross Island Plaza
Prospectus ID: 23-A-2
6/11/2026 Borrower has not cured outstanding defaults. Borrower and Special Servicer continue discussions regarding a potential settlement to cure outstanding defaults. In the mean time, Special Servicer continues to monitor leasing activity and a pproved multiple leases in 4/2026. Borrower signed a PNL in 5/2026 and indicated it would provide a settlement offer in 6/2026.
Open Deal →

External Analysis

No external analysis linked yet. Contact us to publish and link your research.
All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
CMD+RVL runs monitors on the filings behind this page — new servicer reports, ratings actions, collateral shifts — and delivers each state change with full provenance.
Set up monitoring for this deal
Have a source-backed note on this deal? Contact us.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/bbcms2023-c20
{
  "deal_id": "bbcms2023-c20",
  "issuer": "",
  "shelf": "BBCMS",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "LD III SUB XII, LLC"
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Depositor",
    "name": "Barclays Commercial Mortgage Securities"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  }
]
}


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CMBS Fund Holdings Dataset

Filing data from sec.gov NPORT-P to produce the Fund Holdings table.

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CREFC IRP standardized datasets

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Ask Cairn

What does BBCMS 2023-C20 mean for you?

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