BBCMS 2023-C20 - Charts and Resources
Data discoverability for CMBS deal BBCMS 2023-C20 updated as of 2025-03-28.
2025-03-28
Deal Overview
BBCMS 2023-C20's issuance is a U.S. CMBS transaction issued from the BBCMS shelf and backed by 51 commercial mortgage loans with an aggregate principal balance of 825.1 million at issuance, secured by the fee and leasehold interests in 146 properties across 38 U.S. states.Rating Agencies | S&P, Fitch, KBRA | Controlling Class | LD III SUB XII, LLC | Depositor | Barclays Commercial Mortgage Securities | Master Servicer | KeyBank National Association | Special Servicer | LNR Partners | Trustee | Computershare Trust Company, N.A. | Certificate Administrator | Computershare Trust Company, N.A. | Operating Advisor | Park Bridge Lender Services |
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Key Deal Information
Core financial metrics and portfolio characteristics of the deal.Original Trust Amount
$826,642,000Current Trust Amount
$818,137,114(1.0%)
Number of Loans
51Number of Properties
146Average Loan Size
$16,208,667Weighted Average Interest Rate
6.6%Weighted Average Term
108 monthsKey Dates
Timeline of significant events and milestones in the deal's history.Origination Date
6/6/2023Most Recent Valuation Date
2/29/2024Most Recent Transfer Date
4/29/2024Most Recent Return Date
N/AMost Recent Modification Date
N/ASpecial Servicing
Status and history of loans transferred to special servicing.Loans in Special Servicing
3Special Servicing Balance
$12,428,083Loans Returned to Master
0Balance Returned to Master
N/AAvg Special Servicing Time
350 daysAvg Time to Return to Master
0 daysModifications
Summary of loan modifications and affected balances.Number of Modifications
0Modified Amount
N/AValuations
Property valuation changes and updates since deal issuance.Total Valuation at Issuance
$5,662,925,000Current Total Valuation
$5,516,025,000Number of Updated Valuations
1Total Updated Valuation
$1,013,600,000Valuation Change Amount
-$2,000,000Valuation Change Percentage
-14.8%Deal Charts
Fund Holdings
Explore a list of funds that include BBCMS 2023-C20 bonds in their portfolios, sourced directly from the most recent NPORT-P filings on EDGAR SEC.gov. The funds in this table should have a reporting period end date in the future which means the holdings are current as of the most recent filing.Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
---|---|---|---|---|---|---|
Fidelity Real Estate Income Fund | 2024-12-27 | Search FIGI | Lookup LEI | A-5 | $14,736,526 | 2025-07-31 |
PGIM Short Duration Multi-Sector Bond Fund | 2025-03-27 | Search FIGI | Lookup LEI | A-2 | $3,650,470 | 2025-10-31 |
iShares CMBS ETF | 2025-03-27 | Search FIGI | Lookup LEI | A-S, A-5 | $2,058,231 | 2025-10-31 |
BNY Mellon Core Bond ETF | 2025-03-25 | Search FIGI | Lookup LEI | A-3 | $1,000,829 | 2025-10-31 |
BlackRock U.S. Mortgage Portfolio | 2024-12-26 | Search FIGI | Lookup LEI | X-A | $620,396 | 2025-04-30 |
Core Fixed Income Fund | 2025-01-28 | Search FIGI | Lookup LEI | X-A | $279,906 | 2025-08-31 |
SPDR Portfolio Aggregate Bond ETF | 2024-11-25 | Search FIGI | Lookup LEI | A-5 | $128,516 | 2025-06-30 |
Short Duration Bond Fund | 2025-03-27 | Search FIGI | Lookup LEI | A-1 | $81,384 | 2025-10-31 |
Opportunistic Fixed Income Fund | 2025-01-28 | Search FIGI | Lookup LEI | A-S | $10,381 | 2025-08-31 |
Fund Name | Tranches | Ids |
---|---|---|
Fidelity Real Estate Income Fund $14,736,526 2025-07-31 | A-5 | Search FIGI Lookup LEI |
PGIM Short Duration Multi-Sector Bond Fund $3,650,470 2025-10-31 | A-2 | Search FIGI Lookup LEI |
iShares CMBS ETF $2,058,231 2025-10-31 | A-S, A-5 | Search FIGI Lookup LEI |
BNY Mellon Core Bond ETF $1,000,829 2025-10-31 | A-3 | Search FIGI Lookup LEI |
BlackRock U.S. Mortgage Portfolio $620,396 2025-04-30 | X-A | Search FIGI Lookup LEI |
Core Fixed Income Fund $279,906 2025-08-31 | X-A | Search FIGI Lookup LEI |
SPDR Portfolio Aggregate Bond ETF $128,516 2025-06-30 | A-5 | Search FIGI Lookup LEI |
Short Duration Bond Fund $81,384 2025-10-31 | A-1 | Search FIGI Lookup LEI |
Opportunistic Fixed Income Fund $10,381 2025-08-31 | A-S | Search FIGI Lookup LEI |
* 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.
Deal Documents
Links to the deal documents for BBCMS 2023-C20.Recent Special Servicing Commentary
Special servicers provide regular updates on the status of troubled loans. Below are recent comments from special servicing reports filed with sec.gov EDGAR for BBCMS 2023-C20, giving insights into the current situation and actions being taken.3/11/2025 Borrower filed chapter 11 bankruptcy on 6/26/24 and the case is ongoing. Borrower and Lender continue to negotiate potential settlement terms.
2025-03-28
Portfolio (44 Hotel properties)
3/11/2025 Borrower filed chapter 11 bankruptcy on 6/26/24 and the case is ongoing. Borrower and Lender continue to negotiate potential settlement terms.
2025-03-28
Travelodge - 98 Moffat Avenue
3/11/2025 Borrower filed chapter 11 bankruptcy on 6/26/24 and the case is ongoing. Borrower and Lender continue to negotiate potential settlement terms.
2025-03-28
Travelodge - 98 Moffat Avenue
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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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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