BMARK 2018-B2 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated January 27, 2026.2026-01-27
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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.
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Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassBarings
Master ServicerKeyBank National Association
Special ServicerCWCapital Asset Management
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
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
$1,507,472,000Current Trust Amount
$1,064,050,246Number of Loans
45Number 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
$4,830,895,000Key Dates
Origination Date
1/25/2018Latest Valuation
9/12/2025Latest Transfer
7/21/2025Latest Return
6/15/2022Latest Modification
8/7/2020Special Servicing Status
Loans in Special Servicing
8Special Servicing Balance
$230,211,466Loans Returned to Master
4Balance Returned
$75,431,398Avg Time in Special Servicing
703 daysAvg Time to Return
441 daysValuation Changes
Updated Valuations
10Total Updated Value
$701,410,000Value Change Amount
-$1,856,330,000Value Change Percentage
-508.6%Modifications
Number of Modifications
5Modified Balance
$119,262,318Deal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2025-02-28| Fund Name | Tranches | Ids |
|---|---|---|
| American Balanced Fund $14,866,175 2025-12-31 | A-4, A-5 | Search FIGI Lookup LEI |
| Income Fund of America $5,594,027 2025-07-31 | A-5 | Search FIGI Lookup LEI |
| Bond Fund of America $5,311,674 2025-12-31 | A-4, A-5 | Search FIGI Lookup LEI |
| Intermediate Bond Fund of America $4,144,096 2026-08-31 | A-5 | Search FIGI Lookup LEI |
| American Funds Multi-Sector Income Fund $2,612,956 2025-12-31 | A-4, B | Search FIGI Lookup LEI |
| JPMorgan Income ETF $2,229,641 2026-02-28 | A-S | Search FIGI Lookup LEI |
| American Funds Strategic Bond Fund $2,071,522 2025-12-31 | B | Search FIGI Lookup LEI |
| SPDR DoubleLine Total Return Tactical ETF $1,854,665 2025-06-30 | C | Search FIGI Lookup LEI |
| Guggenheim Total Return Bond Fund $799,389 2025-09-30 | X-A | Search FIGI Lookup LEI |
| Pioneer Global Multisector Income Fund $165,446 2020-10-31 | A-4 | Search FIGI Lookup LEI |
| KP Fixed Income Fund $116,635 2020-12-31 | A-5 | Search FIGI Lookup LEI |
| NB Private Markets Access Fund LLC $113,829 2025-03-31 | A-SB | Search FIGI Lookup LEI |
| DoubleLine Opportunistic Core Bond ETF $50,146 2025-09-30 | X-A | Search FIGI Lookup LEI |
13 of 13 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.
* 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.
Provenance & Documents
Issuance → amendments → reports. Tap to view on SEC.Context & Commentary#
Entity Statements
💬 Servicer Commentary
2025-11-28
Rite Aid Johnstown
Thomas Anderson
Prospectus ID: 57
11/12/2025 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 o verall 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, including the appointment of a receiver.
💬 Servicer Commentary
2025-11-28
Gateway Plaza
Thomas R. Von Der Ahe Jr.
Prospectus ID: 26
11/12/2025 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 th at consists oftwo buildings located in Santa Clarita, CA and was built in 2006. As of May 2025, the asset is 73% occupied. Updated financials have been requested. The Borrower has signed a PNA. Files are currently under review to determine workout strateg ies. Discussions with the Borrower have commenced. Updated Escrow analysis is under way.
💬 Servicer Commentary
2025-11-28
90 Hudson
SSC V L.P.
Prospectus ID: 21
11/12/2025 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
💬 Servicer Commentary
2025-11-28
Braddock Metro Center
Kawa Investments LLC
Prospectus ID: 13
11/12/2025 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% 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
2025-11-28
Walgreens
David Feldman
Prospectus ID: 56
11/12/2025 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.
💬 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,
💬 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.
External Analysis
No external analysis linked yet. Contact us to publish and link your research.Have a source-backed note on this deal? Contact us.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET 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": "Special Servicer",
"name": "CWCapital Asset Management"
},
{
"role": "Depositor",
"name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
},
{
"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.

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