BBCMS 2023-C21 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated December 1, 2025.2025-12-01
Coverage: —Freshness: —Latency: —Last schema change: —
Quick Answer
What is BBCMS 2023-C21? A US commercial mortgage-backed security ($679.5M; 25 loans; 164 properties).
Identifiers: Series bbcms2023-c21; CIK 1985684.
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 1985684.
📋 Quick Links
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
Controlling Class3650 REAL ESTATE INVESTMENT TRUST 2 LLC OR AFFILIATE
Operating AdvisorBellOak
TrusteeComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
Special Servicer3650 REIT Loan Servicing
Certificate AdministratorComputershare Trust Company, N.A.
DepositorBarclays Commercial Mortgage Securities
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$679,550,000Current Trust Amount
$672,101,238Number of Loans
25Number of Properties
164Average Loan Size
$27,182,000Portfolio Characteristics
Weighted Average Interest Rate
6.3%Weighted Average Term
111 monthsOriginal Valuation
$11,993,686,638Current Valuation
$11,993,946,638Key Dates
Origination Date
8/30/2023Latest Valuation
4/20/2025Latest Transfer
3/4/2025Latest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
1Special Servicing Balance
$14,250,000Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
287 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
2Total Updated Value
$22,010,000Value Change Amount
$260,000Value Change Percentage
0.2%Modifications
Number of Modifications
0Modified Balance
N/ADeal Charts
Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.
Fund Exposure#
Source: NPORT-P & related disclosures • 2025-11-24| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| American Balanced Fund | 2025-11-24 | Search FIGI | Lookup LEI | A-5 | $8,501,002 | 2025-12-31 |
| Income Fund of America | 2025-09-25 | Search FIGI | Lookup LEI | A-5 | $3,399,386 | 2025-07-31 |
| Intermediate Bond Fund of America | 2025-10-27 | Search FIGI | Lookup LEI | A-5 | $2,478,866 | 2025-08-31 |
| JPMorgan Income ETF | 2025-10-29 | Search FIGI | Lookup LEI | A-5 | $1,453,120 | 2026-02-28 |
| U.S. Total Bond Index Master Portfolio | 2025-08-26 | Search FIGI | Lookup LEI | A-5 | $1,001,210 | 2025-12-31 |
| Bond Fund of America | 2025-11-24 | Search FIGI | Lookup LEI | A-5 | $646,464 | 2025-12-31 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Balanced Fund $8,501,002 2025-12-31 | A-5 | Search FIGI Lookup LEI |
| Income Fund of America $3,399,386 2025-07-31 | A-5 | Search FIGI Lookup LEI |
| Intermediate Bond Fund of America $2,478,866 2025-08-31 | A-5 | Search FIGI Lookup LEI |
| JPMorgan Income ETF $1,453,120 2026-02-28 | A-5 | Search FIGI Lookup LEI |
| U.S. Total Bond Index Master Portfolio $1,001,210 2025-12-31 | A-5 | Search FIGI Lookup LEI |
| Bond Fund of America $646,464 2025-12-31 | A-5 | Search 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.
* 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
2025-12-01
Portfolio (2 Industrial properties)
Gary C. Nielson
Prospectus ID: 18
11/11/2025 - The loan transferred to Special Servicing due to payment default. A Notice of Default and Notice of Acceleration were sent to Borrower. Lender''s counsel has commenced enforcement proceedings, with a foreclosure filed on 10/9/25 and a receive r appointed as of 10/28/25. The receiver is currently overseeing the collateral. The Special Servicer is in active discussions with the borrower while evaluating all potential resolutions to maximize recovery to the trust.
External Analysis
No external analysis linked yet. Become a Verified Contributor to publish and link your research.Have a source-backed note on this deal? Add verified context and help the market ground analysis in citations.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/bbcms2023-c21
{
"deal_id": "bbcms2023-c21",
"issuer": "",
"shelf": "",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "S&P, Fitch, KBRA"
},
{
"role": "Controlling Class",
"name": "3650 REAL ESTATE INVESTMENT TRUST 2 LLC OR AFFILIATE"
},
{
"role": "Operating Advisor",
"name": "BellOak"
},
{
"role": "Trustee",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Midland Loan Services"
},
{
"role": "Special Servicer",
"name": "3650 REIT Loan Servicing"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Depositor",
"name": "Barclays Commercial Mortgage Securities"
}
]
}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.
Paid

CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
Paid
Free to Explore
Dealcharts remains free to explore for everyone.