BBCMS 2025-C32 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated September 30, 2025.2025-09-30
Quick Answer
What is BBCMS 2025-C32? A US commercial mortgage-backed security ($999.9M; 49 loans; 83 properties).
Identifiers: Series bbcms2025-c32; CIK 2049300.
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 2049300.
Who's Involved#
Controlling ClassARGENTIC SECURITIES INCOME USA 2 LLC OR ITS AFFILIATEOwn this profile? Verify your entity.
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$999,930,930Current Trust Amount
$999,090,811Number of Loans
49Number of Properties
83Average Loan Size
$20,406,754Portfolio Characteristics
Weighted Average Interest Rate
6.8%Weighted Average Term
120 monthsOriginal Valuation
$2,199,070,000Current Valuation
$2,315,070,000Key Dates
Origination Date
1/6/2025Latest Valuation
11/5/2027Latest Transfer
N/ALatest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
0Special Servicing Balance
N/ALoans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
0 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
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 • 2025-08-2824 of 24 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.Context & Commentary#
Entity Statements
No statements from entities yet. Verify your entity to add official context.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/bbcms2025-c32 { "deal_id": "bbcms2025-c32", "issuer": "", "shelf": "", "issue_date": "", "linked_entities": [ { "role": "Rating Agencies", "name": "S&P, Fitch, KBRA" }, { "role": "Controlling Class", "name": "ARGENTIC SECURITIES INCOME USA 2 LLC OR ITS AFFILIATE" }, { "role": "Trustee", "name": "Computershare Trust Company, N.A." }, { "role": "Master Servicer", "name": "Midland Loan Services" }, { "role": "Special Servicer", "name": "Argentic Services Company LP" }, { "role": "Certificate Administrator", "name": "Computershare Trust Company, N.A." }, { "role": "Depositor", "name": "Barclays Commercial Mortgage Securities" }, { "role": "Operating Advisor", "name": "Park Bridge Lender Services" } ] }
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. Verification funds stewardship of the public context graph.