BBCMS 2023-C20 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated December 29, 2025.2025-12-29
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Quick Answer
What is BBCMS 2023-C20? A US commercial mortgage-backed security ($826.6M; 51 loans; 162 properties).
Identifiers: 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.
📋 Quick Links
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
Special ServicerLNR Partners
Certificate AdministratorComputershare Trust Company, N.A.
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$826,642,000Current Trust Amount
$817,452,056Number of Loans
51Number of Properties
162Average Loan Size
$16,208,667Portfolio Characteristics
Weighted Average Interest Rate
6.6%Weighted Average Term
108 monthsOriginal Valuation
$7,898,475,000Current Valuation
$7,449,675,000Key Dates
Origination Date
6/7/2023Latest Valuation
3/1/2024Latest Transfer
11/7/2025Latest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
4Special Servicing Balance
$24,573,783Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
344 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
0Total Updated Value
N/AValue Change Amount
N/AValue Change Percentage
N/AModifications
Number of Modifications
0Modified Balance
N/ADeal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2025-10-29| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| American Funds Multi-Sector Income Fund | 2025-11-24 | Search FIGI | Lookup LEI | C, B | $15,121,704 | 2025-12-31 |
| JPMorgan Income ETF | 2025-10-29 | Search FIGI | Lookup LEI | X-A | $617,592 | 2026-02-28 |
| BlackRock Securitized Income Fund | 2025-12-23 | Search FIGI | Lookup LEI | X-A | $548,969 | 2026-04-30 |
| EQ/Core Plus Bond Portfolio | 2023-11-27 | Search FIGI | Lookup LEI | A-5 | $277,692 | 2023-12-31 |
| Core Fixed Income Fund | 2025-04-28 | Search FIGI | Lookup LEI | X-A | $268,915 | 2025-08-31 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Funds Multi-Sector Income Fund $15,121,704 2025-12-31 | C, B | Search FIGI Lookup LEI |
| JPMorgan Income ETF $617,592 2026-02-28 | X-A | Search FIGI Lookup LEI |
| BlackRock Securitized Income Fund $548,969 2026-04-30 | X-A | Search FIGI Lookup LEI |
| EQ/Core Plus Bond Portfolio $277,692 2023-12-31 | A-5 | Search FIGI Lookup LEI |
| Core Fixed Income Fund $268,915 2025-08-31 | X-A | Search FIGI Lookup LEI |
5 of 5 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.
* 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.
Provenance & Documents
Issuance → amendments → reports. Tap to 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 →Context & Commentary#
Entity Statements
💬 Servicer Commentary
2025-12-29
Cross Island Plaza
Prospectus ID: 23-A-2
Loan transferred due to non-monetary default on 11/13/2025. Borrower indicated an intent to cure outstanding defaults. Outstanding financial reporting was requested and a payoff statement was ordered.
💬 Servicer Commentary
2025-12-29
Prospectus ID: 20-A-11
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. Ultimately, Lender was the successful bidder at the 363 Sale on September 25, 2025. On Nove mber 12, 2025, thetransfer of title 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.
💬 Servicer Commentary
2025-12-29
Prospectus ID: 20-A-12
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. Ultimately, Lender was the successful bidder at the 363 Sale on September 25, 2025. On Nove mber 12, 2025, thetransfer of title 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.
💬 Servicer Commentary
2025-12-29
Portfolio (44 Hotel properties)
Prospectus ID: 20-A-10
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. Ultimately, Lender was the successful bidder at the 363 Sale on September 25, 2025. On Nove mber 12, 2025, thetransfer of title 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.
External Analysis
No external analysis linked yet. Contact us to publish and link your research.Have a source-backed note on this deal? Contact us.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/bbcms2023-c20
{
"deal_id": "bbcms2023-c20",
"issuer": "",
"shelf": "",
"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": "Special Servicer",
"name": "LNR Partners"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
}
]
}Access the underlying datasets used to power these analytics.

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
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
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