BMARK 2018-B2

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated February 26, 2026.
2026-02-26
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BMARK 2018-B2? A US commercial mortgage-backed security ($1.5B; 45 loans; 83 properties).

Identifiers: Series bmark2018-b2; CIK 1728339.

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 1728339.

Machine-readable data: https://dealcharts.org/llm/facts/bmark2018-b2.json · API docs
📋 Quick Links
🏢 Entities
9
📈 Metrics
34
📊 Charts
13
💰 Fund Holdings
11
📄 Documents
6
💬 Analysis & Commentary
11
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Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Operating AdvisorPentalpha Surveillance
Certificate AdministratorWells Fargo Bank, N.A.
Controlling ClassBarings
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
Master ServicerKeyBank National Association
Controlling ClassBarings
Certificate AdministratorComputershare Trust Company, N.A.
Special ServicerCWCapital Asset Management

Deal Metrics

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

Deal Overview

Original Trust Amount
$1,507,472,000
Current Trust Amount
$1,062,442,936
Number of Loans
45
Number of Properties
83
Average Loan Size
$24,712,656

Portfolio Characteristics

Weighted Average Interest Rate
4.2%
Weighted Average Term
105 months
WA DSCR (NCF) at Issuance
N/A
WA DSCR (NCF) Current
1.82x
Original Valuation
$10,224,375,000
Current Valuation
$5,154,895,000

Key Dates

Origination Date
1/25/2018
Latest Valuation
8/7/2025
Latest Transfer
1/27/2026
Latest Return
6/15/2022
Latest Modification
8/7/2020

Special Servicing Status

Loans in Special Servicing
10
Special Servicing Balance
$294,671,937
Loans Returned to Master
4
Balance Returned
$75,282,514
Avg Time in Special Servicing
588 days
Avg Time to Return
441 days

Valuation Changes

Updated Valuations
8
Total Updated Value
$593,410,000
Value Change Amount
-$1,532,330,000
Value Change Percentage
-358.6%

Modifications

Number of Modifications
5
Modified Balance
$119,125,395

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BMARK 2018-B2 - All States
2026-02-26

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-02-26
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Balanced Fund2026-02-26Search FIGILookup LEIA-4, A-5$14,927,4942025-12-31
Income Fund of America2025-12-29Search FIGILookup LEIA-5$5,649,7422026-07-31
Bond Fund of America2026-02-26Search FIGILookup LEIA-4, A-5$5,334,0072025-12-31
Intermediate Bond Fund of America2026-01-29Search FIGILookup LEIA-5$4,144,0962026-08-31
American Funds Multi-Sector Income Fund2026-02-26Search FIGILookup LEIA-4, B$2,655,9942025-12-31
JPMorgan Income ETF2026-01-28Search FIGILookup LEIA-S$2,229,6412026-02-28
American Funds Strategic Bond Fund2026-02-26Search FIGILookup LEIB$2,105,8902025-12-31
SPDR DoubleLine Total Return Tactical ETF2025-08-28Search FIGILookup LEIC$1,854,6652025-06-30
Pioneer Global Multisector Income Fund2020-03-30Search FIGILookup LEIA-4$165,4462020-10-31
KP Fixed Income Fund2020-11-25Search FIGILookup LEIA-5$116,6352020-12-31
NB Private Markets Access Fund LLC2025-02-28Search FIGILookup LEIA-SB$113,8292025-03-31
Fund NameTranchesIds
American Balanced Fund
$14,927,494
2025-12-31
A-4, A-5Search FIGI
Lookup LEI
Income Fund of America
$5,649,742
2026-07-31
A-5Search FIGI
Lookup LEI
Bond Fund of America
$5,334,007
2025-12-31
A-4, A-5Search FIGI
Lookup LEI
Intermediate Bond Fund of America
$4,144,096
2026-08-31
A-5Search FIGI
Lookup LEI
American Funds Multi-Sector Income Fund
$2,655,994
2025-12-31
A-4, BSearch FIGI
Lookup LEI
JPMorgan Income ETF
$2,229,641
2026-02-28
A-SSearch FIGI
Lookup LEI
American Funds Strategic Bond Fund
$2,105,890
2025-12-31
BSearch FIGI
Lookup LEI
SPDR DoubleLine Total Return Tactical ETF
$1,854,665
2025-06-30
CSearch FIGI
Lookup LEI
Pioneer Global Multisector Income Fund
$165,446
2020-10-31
A-4Search FIGI
Lookup LEI
KP Fixed Income Fund
$116,635
2020-12-31
A-5Search FIGI
Lookup LEI
NB Private Markets Access Fund LLC
$113,829
2025-03-31
A-SBSearch 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 & 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.
2026-02-26
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2018-02-27
Final Prospectus
Document filing with updated information.
View on SEC →
2018-02-06
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2018-02-06
Final Termsheet
Document filing with updated information.
View on SEC →
2018-02-06
Annex A
Document filing with updated information.
View on SEC →
2018-02-01
Preliminary Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2026-02-26
Rite Aid Johnstown
Thomas Anderson
Prospectus ID: 57
"    2/11/2026   The loan transferred to Special Servicing effective 6/30/2025 for imminent monetary default. The subject is a 11,115 SF retail property located in Johnstown, PA built in 2016. A site inspection from August 2025 found the asset in good ov erall condition. A PNA was sent to the Borrower, but it has not been signed at this time. A receiver was appointed on November 25th, 2025 and has taken control of the collateral. Lender anticipates taking title in 2026.
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💬 Servicer Commentary

2026-02-26
Prospectus ID: 10A-2-C4
"    2/11/2026  Subject is a $940,000,000 note that is secured by a senior lien against a 49-story, 1,825,058 square foot, Class A multi-tenant office property located at 825 Eight Avenue in New York City. Collateral also includes 254,554 square feet o f amenity space (restaurant, retail, theater and parking garage). Capital stack includes mezzanine debt. The mezzanine debt was sold to an investor who accelerated the balance due and scheduled a UCC sale for January 15, 2026. Waterfall was insufficient t o make the January 2026 tax bill and the December 2025 note payment. Demand for these payments were made but Borrower has not responded to date. Mezzanine lender has also failed to respond. Accelerated note and proceeding with lender remedies. The mezzani neUCC sale was postponed by the Court for two weeks.
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💬 Servicer Commentary

2026-02-26
One Parkway North Fee
Kawa Capital Partners LLC
Prospectus ID: 24
"     2/11/2026   The loan transferred into special servicing effective 1/22/2026 due to Imminent Monetary Default (excluding Balloon/Maturity Default and Single Tenant Bankruptcy/Vacate). The subject is 257,394 sq ft property located in Deerfield, IL and built in 1988 and renovated in 2018. Files are currently under review to determine workout strategy going forward.
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💬 Servicer Commentary

2026-02-26
599 Broadway
David Topping
Prospectus ID: 17
"    2/11/2026  The loan transferred into special servicing effective 1/27/2026 due to Imminent Monetary Default (Single Tenant Bankruptcy/Vacate). The subject is a 4,200 sq ft retail property located in New York, NY bult in 1917 and renovated
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💬 Servicer Commentary

2026-02-26
Walgreens
David Feldman
Prospectus ID: 56
"     2/11/2026   Borrower has executed the DACA and the Cash Management Account has been established. Special Servicer has sent over the PNA to the Borrower for execution, however Borrower has been unresponsive. Borrower continues to remit payment on tim e each month. As of January 2026, Special Servicer has executed a reinstatement agreement with the Borrower and is currently working to post funds.
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💬 Servicer Commentary

2026-02-26
Prospectus ID: 10A-2-C2
"   2/11/2026 Subject is a $940,000,000 note that is secured by a senior lien against a 49-story, 1,825,058 square foot, Class A multi-tenant office property located at 825 Eight Avenue in New York City. Collateral also includes 254,554 square feet o f amenity space (restaurant, retail, theater and parking garage). Capital stack includes mezzanine debt. The mezzanine debt was sold to an investor who accelerated the balance due and scheduled a UCC sale for January 15, 2026. Waterfall was insufficient t o make the January 2026 tax bill and the December 2025 note payment. Demand for these payments were made but Borrower has not responded to date. Mezzanine lender has also failed to respond. Accelerated note and proceeding with lender remedies. The mezzani neUCC sale was postponed by the Court for two weeks.
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💬 Servicer Commentary

2026-02-26
90 Hudson
SSC V L.P.
Prospectus ID: 21
"   2/11/2026  Loan transferred on 7/21/25 for Imminent Default. Collateral consists of a ~432K SF office building (Property) in Jersey City, NJ. The largest tenant, Lord Abbett (261K SF, 60% of NRA), vacated on 12/31/24. With Lord Abbett's departure, there is anestimated operating shortfall of ~$7MM for this year. Borrower will no longer fund shortfalls and would like to hand back the Property as soon as possible. Loan is due for the payment on 7/1/25. Notice of Default was sent on 8/21/25. Loan was a ccelerated on 8/28/25. Local counsel has been retained to file for foreclosure and receivership. Foreclosure was filed on 9/24/25. Receiver (Colliers) was appointed on 11/5/25. Lender is discussing a consensual foreclosure
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💬 Servicer Commentary

2026-02-26
Gateway Plaza
Thomas R. Von Der Ahe Jr.
Prospectus ID: 26
"       2/11/2026   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 t hat consists oftwo buildings located in Santa Clarita, CA and was built in 2006. As of December 2025, the asset is 77% occupied. DSCR in September was 1.03X. The Borrower has signed a PNA. Discussions with the Borrower have commenced. Borrower is current ly reviewing proposed modification terms. The property was inspected in summer 2025. The property was found to be in good condition.
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💬 Servicer Commentary

2026-02-26
Braddock Metro Center
Kawa Investments LLC
Prospectus ID: 13
"    2/11/2026   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 December 2025 was 80 % occupied. ASeptember 2025 site inspection found the asset in good overall condition. The Borrower refused to set up cash management despite it being triggered. Negotiations between Borrower and special servicer to resolve the cash 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 expected in 1Q 2026.
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💬 Servicer Commentary

2025-06-26
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,
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💬 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.
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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.
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/bmark2018-b2
{
  "deal_id": "bmark2018-b2",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  },
  {
    "role": "Controlling Class",
    "name": "Barings"
  },
  {
    "role": "Depositor",
    "name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
  },
  {
    "role": "Master Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Controlling Class",
    "name": "Barings"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "CWCapital Asset Management"
  }
]
}


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