BMARK 2021-B25 - Charts and Resources
Data discoverability for CMBS deal BMARK 2021-B25 updated as of 2025-07-30.
2025-07-30
Deal Overview
Benchmark 2021-B25 Mortgage Trust's issuance is a U.S. CMBS transaction issued from the BMARK shelf and backed by 47 commercial mortgage loans with an aggregate principal balance of 1.2 billion at issuance, secured by the fee and leasehold interests in 85 properties across 22 U.S. states.CIK
1851115
Rating AgenciesS&P, Fitch, KBRA
Special ServicerRialto Capital Advisors
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
DepositorGS Mortgage Securities Corporation II
Operating AdvisorPentalpha Surveillance
Special ServicerSitus Holdings
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$1,209,528,850Current Trust Amount
$1,189,754,339Number of Loans
47Number of Properties
85Average Loan Size
$25,734,656Portfolio Characteristics
Weighted Average Interest Rate
3.6%Weighted Average Term
116 monthsOriginal Valuation
$5,350,853,619Current Valuation
$5,318,193,619Key Dates
Origination Date
4/1/2021Latest Valuation
2/26/2025Latest Transfer
6/6/2025Latest Return
5/20/2025Latest Modification
12/10/2024Special Servicing Status
Loans in Special Servicing
3Special Servicing Balance
$35,707,269Loans Returned to Master
1Balance Returned
$5,183,036Avg Time in Special Servicing
329 daysAvg Time to Return
279 daysValuation Changes
Updated Valuations
3Total Updated Value
$7,500,000Value Change Amount
-$7,660,000Value Change Percentage
-142.8%Modifications
Number of Modifications
5Modified Balance
$181,518,836Deal 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 2021-B25 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.* 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.
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 2021-B25, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-07-30
Prospectus ID: 31A-2-1
07/01//2025 - Transfer to special servicing on 10/7/24 due to payment default. Borrower failed to pay required reserve triggered due to the tenant not executing a five-year lease extension. Counsel has been engaged and the loan was accelerated. Borrower reports that the primary tenant has agreed to extend their lease and a draft was contingently approved. Cash management has been requested, however, borrower is not cooperating. A foreclosure action has been filed
💬 Servicer Commentary
2025-07-30
7828 Georgia Ave Nw
Norman Jemal
Prospectus ID: 30
7/11/2025 - Loan transferred to Special Servicing for payment default. Lender has sent PNL and is reaching out to the Borrower group.
💬 Servicer Commentary
2025-07-30
Portfolio (3 Retail properties)
John Boone
Prospectus ID: 33
7/11/2025 - The Loan transferred to the Special Servicer in February 2023 for non-monetary defaults. Special Servicer is in communication with the Borrower and has engaged an examiner to determine the CMA shortfall that needs to be replenished. Borrower has easement proposal approved for one new lease. Financials have been submitted. Borrower has requested turning over the property by way of a DIL; Special Servicer has conducted site visits and court has approved the appointment of the Receiver. Receiver has taken control of property and is negotiating renewals; McAdory building sale being finalized by the Receiver.
💬 Servicer Commentary
2025-06-27
Mid Cape Flex
Douglas Hannah
Prospectus ID: 43
Subject collateral consists of a 101,430 SF office/industrial property located in Cape Coral, FL, built in 2006. The loan has returned to master from special servicing effective 5/20/25. Additionally, loan is being monitored for delinquent insurance.
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* 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.
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CREFC IRP standardized datasets
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