BMARK 2018-B2
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated February 26, 2026.2026-02-26
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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.
Machine-readable data: https://dealcharts.org/llm/facts/bmark2018-b2.json · API docs
📋 Quick Links
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
$1,507,472,000Current Trust Amount
$1,062,442,936Number of Loans
45Number of Properties
83Average Loan Size
$24,712,656Portfolio Characteristics
Weighted Average Interest Rate
4.2%Weighted Average Term
105 monthsWA DSCR (NCF) at Issuance
N/AWA DSCR (NCF) Current
1.82xOriginal Valuation
$10,224,375,000Current Valuation
$5,154,895,000Key Dates
Origination Date
1/25/2018Latest Valuation
8/7/2025Latest Transfer
1/27/2026Latest Return
6/15/2022Latest Modification
8/7/2020Special Servicing Status
Loans in Special Servicing
10Special Servicing Balance
$294,671,937Loans Returned to Master
4Balance Returned
$75,282,514Avg Time in Special Servicing
588 daysAvg Time to Return
441 daysValuation Changes
Updated Valuations
8Total Updated Value
$593,410,000Value Change Amount
-$1,532,330,000Value Change Percentage
-358.6%Modifications
Number of Modifications
5Modified Balance
$119,125,395Deal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2026-02-26| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| American Balanced Fund | 2026-02-26 | Search FIGI | Lookup LEI | A-4, A-5 | $14,927,494 | 2025-12-31 |
| Income Fund of America | 2025-12-29 | Search FIGI | Lookup LEI | A-5 | $5,649,742 | 2026-07-31 |
| Bond Fund of America | 2026-02-26 | Search FIGI | Lookup LEI | A-4, A-5 | $5,334,007 | 2025-12-31 |
| Intermediate Bond Fund of America | 2026-01-29 | Search FIGI | Lookup LEI | A-5 | $4,144,096 | 2026-08-31 |
| American Funds Multi-Sector Income Fund | 2026-02-26 | Search FIGI | Lookup LEI | A-4, B | $2,655,994 | 2025-12-31 |
| JPMorgan Income ETF | 2026-01-28 | Search FIGI | Lookup LEI | A-S | $2,229,641 | 2026-02-28 |
| American Funds Strategic Bond Fund | 2026-02-26 | Search FIGI | Lookup LEI | B | $2,105,890 | 2025-12-31 |
| SPDR DoubleLine Total Return Tactical ETF | 2025-08-28 | Search FIGI | Lookup LEI | C | $1,854,665 | 2025-06-30 |
| Pioneer Global Multisector Income Fund | 2020-03-30 | Search FIGI | Lookup LEI | A-4 | $165,446 | 2020-10-31 |
| KP Fixed Income Fund | 2020-11-25 | Search FIGI | Lookup LEI | A-5 | $116,635 | 2020-12-31 |
| NB Private Markets Access Fund LLC | 2025-02-28 | Search FIGI | Lookup LEI | A-SB | $113,829 | 2025-03-31 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Balanced Fund $14,927,494 2025-12-31 | A-4, A-5 | Search FIGI Lookup LEI |
| Income Fund of America $5,649,742 2026-07-31 | A-5 | Search FIGI Lookup LEI |
| Bond Fund of America $5,334,007 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 $2,655,994 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 $2,105,890 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 |
| 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 |
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.
* 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
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.
💬 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.
💬 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.
💬 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
💬 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.
💬 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.
💬 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
💬 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.
💬 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.
💬 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": "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"
}
]
}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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CREFC IRP standardized datasets
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