DealChartsby CMD+RVL

BBCMS 2025-C39

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 30, 2026.
2026-06-30
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BBCMS 2025-C39? A US commercial mortgage-backed security issued December 2025 ($806.8M; 36 loans; 68 properties).

Identifiers: Shelf BBCMS; Series bbcms2025-c39; CIK 2097938.

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 2097938.

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

Part of:2025 VintageBBCMS ShelfLNR Partners (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bbcms2025-c39.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:🏢 Entities
8
📈 Metrics
34
📊 Charts
14
💰 Fund Holdings
7
📄 Documents
3

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassLNR SECURITIES HOLDINGS, LLC
Certificate AdministratorComputershare Trust Company, N.A.
Operating AdvisorPark Bridge Lender Services
Master ServicerMidland Loan Services
TrusteeComputershare Trust Company, N.A.
Special ServicerLNR Partners
DepositorBarclays Commercial Mortgage Securities

Deal Metrics

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

Deal Overview

Original Trust Amount
$806,820,000
Current Trust Amount
$805,430,658
Number of Loans
36
Number of Properties
68
Average Loan Size
$22,411,667

Portfolio Characteristics

Weighted Average Interest Rate
6.2%
Weighted Average Term
120 months
WA DSCR (NCF) at Issuance
1.93x
WA DSCR (NCF) Current
3.25x
Original Valuation
$2,745,425,000
Current Valuation
$2,750,425,000

Key Dates

Origination Date
11/24/2025
Latest Valuation
11/15/2025
Latest Transfer
N/A
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
0
Special Servicing Balance
N/A
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
0 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
0
Total Updated Value
N/A
Value Change Amount
N/A
Value Change Percentage
N/A

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BBCMS 2025-C39 - All States
2026-06-30

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-02-26
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
MFS Income Fund2026-06-29Search FIGILookup LEIA-5$7,497,1082026-10-31
PIMCO Moderate Duration Portfolio2026-05-29Search FIGILookup LEIA-4$4,491,0472026-03-31
iShares Core Universal USD Bond ETF2026-06-26Search FIGILookup LEIA-5$1,830,7612026-10-31
Catholic Responsible Investments Bond Fund2026-06-25Search FIGILookup LEIC$1,788,7202026-10-31
Medalist Partners MBS Total Return Fund2026-04-29Search FIGILookup LEID$1,480,4932026-11-30
BlackRock Total Return V.I. Fund2026-05-28Search FIGILookup LEIA-5$55,7812026-12-31
VANGUARD CORE-PLUS BOND INDEX ETF2026-02-26Search FIGILookup LEIA-S, B$20,6052026-09-30
Fund NameTranchesIds
MFS Income Fund
$7,497,108
2026-10-31
A-5Search FIGI
Lookup LEI
PIMCO Moderate Duration Portfolio
$4,491,047
2026-03-31
A-4Search FIGI
Lookup LEI
iShares Core Universal USD Bond ETF
$1,830,761
2026-10-31
A-5Search FIGI
Lookup LEI
Catholic Responsible Investments Bond Fund
$1,788,720
2026-10-31
CSearch FIGI
Lookup LEI
Medalist Partners MBS Total Return Fund
$1,480,493
2026-11-30
DSearch FIGI
Lookup LEI
BlackRock Total Return V.I. Fund
$55,781
2026-12-31
A-5Search FIGI
Lookup LEI
VANGUARD CORE-PLUS BOND INDEX ETF
$20,605
2026-09-30
A-S, BSearch FIGI
Lookup LEI
7 of 7 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 & lineageFund 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.
2026-05-28
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2025-12-03
Final Termsheet
Document filing with updated information.
View on SEC →
2025-12-03
Annex A
Document filing with updated information.
View on SEC →

Context & Commentary#

Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →

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#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/bbcms2025-c39
{
  "deal_id": "bbcms2025-c39",
  "issuer": "",
  "shelf": "BBCMS",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "LNR SECURITIES HOLDINGS, LLC"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Depositor",
    "name": "Barclays Commercial Mortgage Securities"
  }
]
}


Access the underlying datasets used to power these analytics.
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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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Ask Cairn

What does BBCMS 2025-C39 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
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