DealChartsby CMD+RVL
CMBS dealSpecial servicing active

BMARK 2021-B25

As of 6/29/2026Source: SEC EDGAR, CIK 1851115
Latest answer
BMARK 2021-B25 is a CMBS reference page with collateral metrics, transaction parties, filings, fund exposure, and machine-readable facts tied back to source disclosure.
Coverage: 100%Freshness: 9 days
Context brief

Quick Answer

What is BMARK 2021-B25? A US commercial mortgage-backed security issued April 2021 ($1.2B; 46 loans; 76 properties).

Identifiers: Shelf BMARK; Series bmark2021-b25; CIK 1851115.

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 1851115.

What it means for you: This is the reported figure - the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com and name the CUSIP you hold (or a seat you're sizing up). Cairn tailors the read to your position, with the receipts.

Part of:2021 VintageBMARK ShelfSitus Holdings (Special Servicer)Rialto Capital Advisors (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bmark2021-b25.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:Entities7Metrics34Charts15Macro Context1Fund Holdings10Documents5Analysis & Commentary4

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Special ServicerSitus Holdings
Special ServicerRialto Capital Advisors
Operating AdvisorPentalpha Surveillance
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
DepositorGS Mortgage Securities Corporation II

Deal Metrics

Key performance indicators and statistics tracking the deal's current status and history.

Deal Overview

Aggregate Original Loan Amount
Current Trust Amount
Number of Loans
Number of Properties
Average Loan Size

Portfolio Characteristics

Weighted Average Interest Rate
Weighted Average Term
WA DSCR (NCF) at Issuance
WA DSCR (NCF) Current
Original Valuation
Current Valuation

Key Dates

Origination Date
Latest Valuation
Latest Transfer
Latest Return
Latest Modification

Special Servicing Status

Loans in Special Servicing
Special Servicing Balance
Loans Returned to Master
Balance Returned
Avg Time in Special Servicing
Avg Time to Return

Valuation Changes

Updated Valuations
Total Updated Value
Value Change Amount
Value Change Percentage

Modifications

Number of Modifications
Modified Balance

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BMARK 2021-B25 - All States
2026-06-29

Fund Exposure#

Source: NPORT-P & related disclosures • 2023-10-31
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
Bond Fund of America2026-05-28Search FIGILookup LEIA-5$22,172,1132026-12-31
Intermediate Bond Fund of America2026-04-27Search FIGILookup LEIA-5$15,278,5902026-08-31
American Funds Multi-Sector Income Fund2026-05-28Search FIGILookup LEIB$4,178,7032026-12-31
American Balanced Fund2026-02-26Search FIGILookup LEIA-5$1,924,7602025-12-31
DoubleLine Commercial Real Estate ETF2026-02-20Search FIGILookup LEIA-3$1,147,0692026-09-30
Capital Income Builder2026-03-30Search FIGILookup LEIA-5$428,7612026-10-31
American Funds Strategic Bond Fund2026-05-28Search FIGILookup LEIB$392,3672026-12-31
Delaware Strategic Allocation Fund2023-10-31Search FIGILookup LEIA-5$373,4612023-03-31
SIMT Core Fixed Income Fund2026-05-29Search FIGILookup LEIA-4$298,4342026-09-30
Short Duration Bond Fund2026-04-28Search FIGILookup LEIA-1$6322026-05-31
Fund NameTranchesIds
Bond Fund of America
$22,172,113
2026-12-31		A-5Search FIGI
Lookup LEI
Intermediate Bond Fund of America
$15,278,590
2026-08-31		A-5Search FIGI
Lookup LEI
American Funds Multi-Sector Income Fund
$4,178,703
2026-12-31		BSearch FIGI
Lookup LEI
American Balanced Fund
$1,924,760
2025-12-31		A-5Search FIGI
Lookup LEI
DoubleLine Commercial Real Estate ETF
$1,147,069
2026-09-30		A-3Search FIGI
Lookup LEI
Capital Income Builder
$428,761
2026-10-31		A-5Search FIGI
Lookup LEI
American Funds Strategic Bond Fund
$392,367
2026-12-31		BSearch FIGI
Lookup LEI
Delaware Strategic Allocation Fund
$373,461
2023-03-31		A-5Search FIGI
Lookup LEI
SIMT Core Fixed Income Fund
$298,434
2026-09-30		A-4Search FIGI
Lookup LEI
Short Duration Bond Fund
$632
2026-05-31		A-1Search FIGI
Lookup LEI
10 of 10 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 & lineage Open deal-level fund-holder pageFund not listed or misattributed? Contact us at support@cmdrvl.com to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2026-06-29
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2021-04-29
Final Prospectus
Document filing with updated information.
View on SEC →
2021-04-19
Final Termsheet
Document filing with updated information.
View on SEC →
2021-04-12
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2021-04-12
Annex A
Document filing with updated information.
View on SEC →

Context & Commentary#

This deal is tagged for AI-industry / data-center exposure (Tech Giant, Data Center). See the full list of AI-exposed CMBS deals →

Entity Statements

💬 Servicer Commentary

2026-06-29
Portfolio (2 Retail properties)
John Boone
Prospectus ID: 33
6/11/2026 - The Loan transferred to the Special Servicer in February 2023 for non-monetary defaults. Receivership in place as of Nov-24. McAdory building was sold out of receivership in Aug-25. Foreclosure sale took place in Feb-26 and the recorded deed was obtained in Mar-26. Colliers was retained for leasing and management. Special Servicer is still in the process of evaluating the leasing and disposition strategy for the two remaining properties.
Open Deal →

💬 Servicer Commentary

2026-02-26
Prospectus ID: 31A-2-1
02/04/2026 - The collateral is a single tenant high-rise office building in Brooklyn, NY. The tenant is NYC DCAS and the building houses the NYC Housing Court. The loan transferred to special servicing on 10/7/24, due to payment default. Borrower faile d to pay required reserve payments triggered due to the tenant not executing a five-year lease extension. Counsel has been engaged and the loan was accelerated. Lender filed a Receiver motion that was denied. Subsequently, Borrower submitted a propose d lease for the primary tenant that was contingently approved. Lender and Borrower closed a modification on 12/30/2025 that allows for the execution of the DCAS lease, paid all of Lender''s fees and enforcement costs, and gives Lender a $10MM evergreen L OC as additional collateral for the remainder of the loan term. The Loan will be returned to Master Servicing upon collection of 3 timely Loan Payments.
Open Deal →

💬 Servicer Commentary

2026-02-26
7828 Georgia Ave Nw
Norman Jemal
Prospectus ID: 30
2/11/2026 - Loan transferred to Special Servicing for payment default. Lender has sent PNL and is reaching out to the Borrower group. Borrower has executed PNL. Borrower has been sent notice of tax shortfall. Borrower has brought the loan current and exec uted forbearance; confirmed compliance with CMA. Once CMA budget is approved by Special Servicer, loan will return to Master Servicer.
Open Deal →

💬 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.
Open Deal →

External Analysis

No external analysis linked yet. Contact us to publish and link your research.
All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
CMD+RVL runs monitors on the filings behind this page — new servicer reports, ratings actions, collateral shifts — and delivers each state change with full provenance.
Set up monitoring for this deal →
Have a source-backed note on this deal? Contact us.

Datasets & API#

GET https://dealcharts.org/llm/facts/bmark2021-b25.json
{
  "deal_id": "bmark2021-b25",
  "issuer": "",
  "shelf": "BMARK",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Special Servicer",
    "name": "Situs Holdings"
  },
  {
    "role": "Special Servicer",
    "name": "Rialto Capital Advisors"
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Depositor",
    "name": "GS Mortgage Securities Corporation II"
  }
]
}


Access the underlying datasets used to power these analytics.
Marketplace dataset

CMBS Fund Holdings Dataset

Snowflake Marketplace

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

Go to MarketplaceData Dictionary
Paid
Marketplace dataset

CREFC IRP standardized datasets

Snowflake Marketplace

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

Go to MarketplaceData Dictionary
Paid
Ask Cairn

What does BMARK 2021-B25 mean for you?

Tell Cairn where you sit — a CUSIP you hold, or a seat you're sizing up. Cairn does the digging and tailors the answer to your position, every figure tied to the filing it came from.
Email Cairn cairn@cmdrvl.com
01Tell Cairn the deal and your seat
02Cairn does the digging
03You get the read for your seat, by email
A pilot — a question or two each, free. Cairn writes back by email, not on the spot; some answers need data dug up or a pipeline built first.
Free to Explore
Dealcharts remains free to explore for everyone.
Verify Your EntityBecome a Contributor
Powered by CMD+RVL

DealCharts is the public projection surface for structured-finance data: crawlable deal, fund, BDC, and dataset references with source-aware context.

© 2026 CMD+RVL. All rights reserved.·Not investment advice. For informational purposes only.·Built 2026-07-08