BMARK 2018-B2 - Charts and Resources
Data discoverability for CMBS deal BMARK 2018-B2 updated as of 2025-06-26.
2025-06-26
Deal Overview
Benchmark 2018-B2 Mortgage Trust's issuance is a U.S. CMBS transaction issued from the BMARK shelf and backed by 61 commercial mortgage loans with an aggregate principal balance of 1.5 billion at issuance, secured by the fee and leasehold interests in 83 properties across 25 U.S. states.CIK
1728339
Rating AgenciesS&P, Fitch, KBRA
Master ServicerKeyBank National Association
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
Special ServicerCWCapital Asset Management
Certificate AdministratorComputershare Trust Company, N.A.
Operating AdvisorPentalpha Surveillance
Controlling ClassBarings
Certificate AdministratorWells Fargo Bank, N.A.
Controlling ClassBarings
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$1,507,472,000Current Trust Amount
$1,093,678,387Number of Loans
46Number of Properties
83Average Loan Size
$24,712,656Portfolio Characteristics
Weighted Average Interest Rate
4.2%Weighted Average Term
105 monthsOriginal Valuation
$10,224,375,000Current Valuation
$6,576,805,000Key Dates
Origination Date
1/25/2018Latest Valuation
11/20/2024Latest Transfer
3/26/2025Latest Return
6/15/2022Latest Modification
8/7/2020Special Servicing Status
Loans in Special Servicing
7Special Servicing Balance
$220,692,087Loans Returned to Master
4Balance Returned
$76,487,622Avg Time in Special Servicing
607 daysAvg Time to Return
442 daysValuation Changes
Updated Valuations
5Total Updated Value
$180,800,000Value Change Amount
-$166,840,000Value Change Percentage
-184.4%Modifications
Number of Modifications
5Modified Balance
$120,233,711Deal 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 Holdings
Explore a list of funds that include BMARK 2018-B2 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.* 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.
Recent 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 BMARK 2018-B2, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-07-29
Walgreens
David Feldman
Prospectus ID: 56
The loan transferred to Special Servicing effective 8/28/2024. The subject is a 14,490 SF single tenant retail property located in Lawrenceville, GA and was built in 2001. Special Servicer has made contact with the Borrower and is in the process of establishing the DACA. Special Servicer continues to evaluate potential workout strategies.
💬 Servicer Commentary
2025-07-29
Braddock Metro Center
Kawa Investments LLC
Prospectus ID: 13
The loan transferred to Special Servicing effective 9/24/2024 for non-monetary default. The subject features 3 office buildings totaling 315,589 SF located in Alexandria, VA and was built in 1986. The portfolio as of March 2025 was 79% o ccupied. A November 2024 site inspection found the asset in good overall condition. YE 2024 NOI DSCR was 1.01x. The Borrower refused to set up cash management despite it being triggered. Negotiations between Borrower and special servicer to resolve the ca sh management issues did not result in a resolution. A receiver was appointed in January 2025. The receiver has hired a new leasing team and is actively working to lease the vacant space at the property. Title is
💬 Servicer Commentary
2025-07-29
Gateway Plaza
Thomas R. Von Der Ahe Jr.
Prospectus ID: 26
The loan transferred to Special Servicing for imminent default effective 3/26/2025. Borrower has not complied with requirements of Major Tenant and Debt Service Coverage Ratio Trigger implementation. The subject is an office property tha t consists oftwo buildings located in Santa Clarita, CA and was built in 2006. As of May 2025, the asset is 73% occupied. The Borrower has signed a PNA. Files are currently under review to determine workout strategies.
💬 Servicer Commentary
2025-06-26
Village Green Of Waterford
Shawn Stafford
Prospectus ID: 25
The loan transferred to Special Servicing effective 3/19/2024 for monetary default. The subject is a 405-unit multifamily property located in Waterford, MI. The property was built in 1974. The property was 71.9% occupied as of 5/23/2025 and 76% leased. The property was inspected 4/9/2025 and found to be in good overall condition at that time, including with 12 down units. PNA signed. The Receiver was appointed 9/11/2024, which became effective 9/18/2024. The Receiver has dramatically improved collections and continues to improve occupancy and turn units for leasing. At least two third-parties provided the Receiver with unsolicited LOIs. The Receiver is currently marketing the property for sale,
💬 Servicer Commentary
2025-02-25
Philip Barach
Prospectus ID: 29
The loan transferred to Special Servicing for monetary default effective 2/5/2024. The subject is a 66,935 SF office property located in Portland, OR. It was built in 1901 and renovated in 2017. As of the end of December 2024 it was 63 % leased but0% physically occupied as the 63% tenant has reportedly vacated. PNA signed. The property was inspected on 2/21/2024 and found to be in good condition at that time. Special Servicer marketed the note for sale through an online auction platform. The note is under contract for sale with a closing expected by the end of February 2025.
* 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.
Get some data
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
