DealChartsby CMD+RVL
CMBS dealSEC-sourced profile

BBCMS 2025-C35

As of 6/30/2026Source: SEC EDGAR, CIK 2074653
Latest answer
BBCMS 2025-C35 is a CMBS reference page with collateral metrics, transaction parties, filings, fund exposure, and machine-readable facts tied back to source disclosure.
Coverage: 89%Freshness: 9 days
Context brief

Quick Answer

What is BBCMS 2025-C35? A US commercial mortgage-backed security issued July 2025 ($795.7M; 33 loans; 80 properties).

Identifiers: Shelf BBCMS; Series bbcms2025-c35; CIK 2074653.

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 2074653.

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 and name the CUSIP you hold (or a seat you're sizing up). Cairn tailors the read to your position, with the receipts.

Part of:2025 VintageBBCMS ShelfCWCapital Asset Management (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bbcms2025-c35.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:Entities8Metrics34Charts15Macro Context1Fund Holdings11Documents3

Who's Involved#

Rating AgenciesMoodys, Fitch, KBRA
Controlling ClassBLACKSTONE REAL ESTATE SERVICES LLC
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
Special ServicerCWCapital Asset Management
Operating AdvisorBellOak
DepositorBarclays Commercial Mortgage Securities
TrusteeComputershare Trust Company, N.A.

Deal Metrics

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

Deal Overview

Aggregate Original Loan Amount
Current Trust Amount
Number of Loans
Number of Properties
Average Loan Size

Portfolio Characteristics

Weighted Average Interest Rate
Weighted Average Term
WA DSCR (NCF) at Issuance
WA DSCR (NCF) Current
Original Valuation
Current Valuation

Key Dates

Origination Date
Latest Valuation
Latest Transfer
Latest Return
Latest Modification

Special Servicing Status

Loans in Special Servicing
Special Servicing Balance
Loans Returned to Master
Balance Returned
Avg Time in Special Servicing
Avg Time to Return

Valuation Changes

Updated Valuations
Total Updated Value
Value Change Amount
Value Change Percentage

Modifications

Number of Modifications
Modified Balance

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BBCMS 2025-C35 - All States
2026-06-30

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-02-26
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
PIMCO Moderate Duration Portfolio2026-05-29Search FIGILookup LEIA-5$2,493,2722026-03-31
Medalist Partners MBS Total Return Fund2026-04-29Search FIGILookup LEIC$2,074,6842026-11-30
BlackRock Strategic Income Opportunities Portfolio2026-06-18Search FIGILookup LEIB$1,841,9942025-12-31
Thrivent Core Plus Bond ETF2026-02-26Search FIGILookup LEIA-5$525,6992026-09-30
iShares Core Universal USD Bond ETF2026-06-26Search FIGILookup LEIB$512,1792026-10-31
Federated Hermes MDT Balanced Fund2026-06-23Search FIGILookup LEIA-4$253,3872026-07-31
Federated Hermes Total Return Bond ETF2026-05-22Search FIGILookup LEIA-4$141,9372026-06-30
BlackRock Total Return V.I. Fund2026-05-28Search FIGILookup LEID, A-S$126,6832026-12-31
VANGUARD CORE-PLUS BOND INDEX ETF2026-02-26Search FIGILookup LEIA-5$42,0562026-09-30
BATS: High Income Taxable Series2026-05-28Search FIGILookup LEID, A-S$38,0562026-09-30
Morningstar Total Return Bond Fund2026-06-26Search FIGILookup LEIA-S, D$37,0682026-04-30
Fund NameTranchesIds
PIMCO Moderate Duration Portfolio
$2,493,272
2026-03-31
A-5Search FIGI
Lookup LEI
Medalist Partners MBS Total Return Fund
$2,074,684
2026-11-30
CSearch FIGI
Lookup LEI
BlackRock Strategic Income Opportunities Portfolio
$1,841,994
2025-12-31
BSearch FIGI
Lookup LEI
Thrivent Core Plus Bond ETF
$525,699
2026-09-30
A-5Search FIGI
Lookup LEI
iShares Core Universal USD Bond ETF
$512,179
2026-10-31
BSearch FIGI
Lookup LEI
Federated Hermes MDT Balanced Fund
$253,387
2026-07-31
A-4Search FIGI
Lookup LEI
Federated Hermes Total Return Bond ETF
$141,937
2026-06-30
A-4Search FIGI
Lookup LEI
BlackRock Total Return V.I. Fund
$126,683
2026-12-31
D, A-SSearch FIGI
Lookup LEI
VANGUARD CORE-PLUS BOND INDEX ETF
$42,056
2026-09-30
A-5Search FIGI
Lookup LEI
BATS: High Income Taxable Series
$38,056
2026-09-30
D, A-SSearch FIGI
Lookup LEI
Morningstar Total Return Bond Fund
$37,068
2026-04-30
A-S, DSearch FIGI
Lookup LEI
11 of 11 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 & lineage Open deal-level fund-holder pageFund 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.
2026-06-30
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2025-07-07
Annex A
Document filing with updated information.
View on SEC →
2025-07-07
Final Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

This deal is tagged for AI-industry / data-center exposure (Tech Giant). See the full list of AI-exposed CMBS deals →

Entity Statements

No statements from entities yet. Contact us at support@cmdrvl.com to add official context.

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#

GET https://dealcharts.org/llm/facts/bbcms2025-c35.json
{
  "deal_id": "bbcms2025-c35",
  "issuer": "",
  "shelf": "BBCMS",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "Moodys, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "BLACKSTONE REAL ESTATE SERVICES LLC"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Special Servicer",
    "name": "CWCapital Asset Management"
  },
  {
    "role": "Operating Advisor",
    "name": "BellOak"
  },
  {
    "role": "Depositor",
    "name": "Barclays Commercial Mortgage Securities"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  }
]
}


Access the underlying datasets used to power these analytics.
Marketplace dataset

CMBS Fund Holdings Dataset

Snowflake Marketplace

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

Go to MarketplaceData Dictionary
Paid
Marketplace dataset

CREFC IRP standardized datasets

Snowflake Marketplace

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

Paid
Ask Cairn

What does BBCMS 2025-C35 mean for you?

Tell Cairn where you sit — a CUSIP you hold, or a seat you're sizing up. Cairn does the digging and tailors the answer to your position, every figure tied to the filing it came from.
Email Cairn cairn@cmdrvl.com
01Tell Cairn the deal and your seat
02Cairn does the digging
03You get the read for your seat, by email
A pilot — a question or two each, free. Cairn writes back by email, not on the spot; some answers need data dug up or a pipeline built first.
Free to Explore
Dealcharts remains free to explore for everyone.
Verify Your EntityBecome a Contributor
Powered by CMD+RVL

DealCharts is the public projection surface for structured-finance data: crawlable deal, fund, BDC, and dataset references with source-aware context.

© 2026 CMD+RVL. All rights reserved.·Not investment advice. For informational purposes only.·Built 2026-07-09