BMARK 2018-B2 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated October 30, 2025.
2025-10-30
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.

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassBarings
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.

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
$1,067,008,337
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
Original Valuation
$10,224,375,000
Current Valuation
$5,185,095,000

Key Dates

Origination Date
1/25/2018
Latest Valuation
8/1/2025
Latest Transfer
7/21/2025
Latest Return
6/15/2022
Latest Modification
8/7/2020

Special Servicing Status

Loans in Special Servicing
8
Special Servicing Balance
$230,351,206
Loans Returned to Master
4
Balance Returned
$75,884,859
Avg Time in Special Servicing
623 days
Avg Time to Return
442 days

Valuation Changes

Updated Valuations
7
Total Updated Value
$591,990,000
Value Change Amount
-$1,528,850,000
Value Change Percentage
-287.5%

Modifications

Number of Modifications
5
Modified Balance
$119,679,362

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-08-28
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Balanced Fund2025-08-25Search FIGILookup LEIA-5, A-4$14,774,9332025-12-31
Income Fund of America2025-09-25Search FIGILookup LEIA-5$5,594,0272025-07-31
Bond Fund of America2025-08-25Search FIGILookup LEIA-4, A-5$5,278,5922025-12-31
Intermediate Bond Fund of America2025-10-27Search FIGILookup LEIA-5$4,122,1492025-08-31
American Funds Multi-Sector Income Fund2025-08-25Search FIGILookup LEIA-4, B$2,628,1572025-12-31
JPMorgan Income ETF2025-10-29Search FIGILookup LEIA-S$2,223,1822026-02-28
American Funds Strategic Bond Fund2025-08-25Search FIGILookup LEIB$2,083,8052025-12-31
SPDR DoubleLine Total Return Tactical ETF2025-08-28Search FIGILookup LEIC$1,854,6652025-06-30
College Retirement Equities Fund - Inflation-Linked Bond Account2025-08-27Search FIGILookup LEIC$1,605,5412025-12-31
PGIM Balanced Fund2025-08-27Search FIGILookup LEIA-4$1,372,6262025-09-30
Guggenheim Total Return Bond Fund2025-08-27Search FIGILookup LEIX-A$799,3892025-09-30
Brighthouse/Wellington Balanced Portfolio2025-08-27Search FIGILookup LEIA-5$779,5722025-12-31
SPDR Portfolio Aggregate Bond ETF2025-08-28Search FIGILookup LEIA-5$683,3782025-06-30
Empower U.S. Government Securities Fund2025-08-21Search FIGILookup LEIA-5$666,8042025-12-31
Nuveen Mortgage and Income Fund2025-08-28Search FIGILookup LEIC$401,3852025-12-31
Nuveen Multi-Market Income Fund2025-08-28Search FIGILookup LEIA-S$386,4692025-06-30
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
RiverNorth/DoubleLine Strategic Income Fund2025-08-28Search FIGILookup LEIX-A$75,9542025-09-30
Fund NameTranchesIds
American Balanced Fund
$14,774,933
2025-12-31
A-5, A-4Search FIGI
Lookup LEI
Income Fund of America
$5,594,027
2025-07-31
A-5Search FIGI
Lookup LEI
Bond Fund of America
$5,278,592
2025-12-31
A-4, A-5Search FIGI
Lookup LEI
Intermediate Bond Fund of America
$4,122,149
2025-08-31
A-5Search FIGI
Lookup LEI
American Funds Multi-Sector Income Fund
$2,628,157
2025-12-31
A-4, BSearch FIGI
Lookup LEI
JPMorgan Income ETF
$2,223,182
2026-02-28
A-SSearch FIGI
Lookup LEI
American Funds Strategic Bond Fund
$2,083,805
2025-12-31
BSearch FIGI
Lookup LEI
SPDR DoubleLine Total Return Tactical ETF
$1,854,665
2025-06-30
CSearch FIGI
Lookup LEI
College Retirement Equities Fund - Inflation-Linked Bond Account
$1,605,541
2025-12-31
CSearch FIGI
Lookup LEI
PGIM Balanced Fund
$1,372,626
2025-09-30
A-4Search FIGI
Lookup LEI
Guggenheim Total Return Bond Fund
$799,389
2025-09-30
X-ASearch FIGI
Lookup LEI
Brighthouse/Wellington Balanced Portfolio
$779,572
2025-12-31
A-5Search FIGI
Lookup LEI
SPDR Portfolio Aggregate Bond ETF
$683,378
2025-06-30
A-5Search FIGI
Lookup LEI
Empower U.S. Government Securities Fund
$666,804
2025-12-31
A-5Search FIGI
Lookup LEI
Nuveen Mortgage and Income Fund
$401,385
2025-12-31
CSearch FIGI
Lookup LEI
Nuveen Multi-Market Income Fund
$386,469
2025-06-30
A-SSearch 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
RiverNorth/DoubleLine Strategic Income Fund
$75,954
2025-09-30
X-ASearch FIGI
Lookup LEI
20 of 20 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 data@dealcharts.org to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2025-10-30
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

2025-10-30
Braddock Metro Center
Kawa Investments LLC
Prospectus ID: 13
10/14/2025 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 June 2025 was 79% occupied. 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
Open Deal →

💬 Servicer Commentary

2025-10-30
Rite Aid Johnstown
Thomas Anderson
Prospectus ID: 57
10/14/2025 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 overall condition. A PNA was sent to the Borrower, but it has not been signed at this time. The special servicer is in the process of commencing rights and remedies as outlined in the loan documents.
Open Deal →

💬 Servicer Commentary

2025-10-30
90 Hudson
SSC V L.P.
Prospectus ID: 21
10/14/2025 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 accelerated on 8/28/25. Local counsel has been retained to file for foreclosure and receivership. Foreclosure was filed on 9/24/25. Lender will dual track the foreclosure process while discussing workout alternatives with
Open Deal →

💬 Servicer Commentary

2025-10-30
Gateway Plaza
Thomas R. Von Der Ahe Jr.
Prospectus ID: 26
10/14/2025 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 that 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.
Open Deal →

💬 Servicer Commentary

2025-10-30
Walgreens
David Feldman
Prospectus ID: 56
10/14/2025 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. Borrower has recently executed the DACA and the Cash Management Account has been established. Special Servicer can begin the return to MS process once Borrower pays all owed amounts.
Open Deal →

💬 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,
Open Deal →

💬 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.
Open Deal →

External Analysis

No external analysis linked yet. Become a Verified Contributor to publish and link your research.
All items include provenance (author, timestamp, source). See Create-Data for how verified notes become training-ready artifacts.Have a source-backed clarification? Add verified context.
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.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": "Controlling Class",
    "name": "Barings"
  },
  {
    "role": "Master Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Depositor",
    "name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
  },
  {
    "role": "Special Servicer",
    "name": "CWCapital Asset Management"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Controlling Class",
    "name": "Barings"
  },
  {
    "role": "Certificate Administrator",
    "name": "Wells Fargo Bank, N.A."
  }
]
}


Access the underlying datasets used to power these analytics.
Snowflake Logo

CMBS Fund Holdings Dataset

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

Go to Marketplace   Data Dictionary
Paid
Snowflake Logo

CREFC IRP standardized datasets

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

Go to Marketplace   Data Dictionary
Paid
Free to Explore
Dealcharts remains free to explore for everyone.