BMARK 2018-B2 - Charts and Resources
Data discoverability for CMBS deal BMARK 2018-B2 updated as of 2025-04-30.
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 67 properties across 25 U.S. states.| Role | Party |
|---|---|
| Rating Agencies | S&P, Fitch, KBRA |
| Depositor | J.P. Morgan Chase Commercial Mortgage Securities Corp. |
| Controlling Class | Barings |
| Certificate Administrator | Computershare Trust Company, N.A. |
| Certificate Administrator | Wells Fargo Bank, N.A. |
| Controlling Class | Barings |
| Operating Advisor | Pentalpha Surveillance |
| Special Servicer | CWCapital Asset Management |
| Master Servicer | KeyBank National Association |
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Portfolio Characteristics
Key Dates
Special Servicing Status
Valuation Changes
Modifications
Deal 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.* 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.
Deal Documents
Links to the deal documents for BMARK 2018-B2.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.4/11/2025 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 tha t consists oftwo buildings located in Santa Clarita, CA and was built in 2006. Files are currently under review to determine workout strategies.
4/11/2025 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. Special servicer continues to evaluate potential workout
4/11/2025 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. Two of the three buildings are 100% occu pied. The third building is 30% occupied by 9 tenants. 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 B orrowerand special servicer to resolve the cash management issues did not result in a resolution. A receiver was appointed in January 2025. Title is expected in 2025.
4/11/2025 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 64.5% occupied at the end of M arch 2025. The property was inspected 5/13/2024 and found to be in poor condition at that time, including with 12 down units. PNA signed. The Receiver was appointed on 9/11/2024, which became effective 9/18/2024. The Receiver has been improving collec tions and turning units for leasing. At least two third parties have provided the Receiver with an unsolicited LOI. The current strategy is to pursue a Receiver Sale while dual tracking foreclosure.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
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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.
CREFC IRP standardized datasets
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