BMARK 2021-B25 - Charts and Resources

Data discoverability for CMBS deal BMARK 2021-B25 updated as of 2025-06-27.

2025-06-27

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

Deal Metrics

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

Deal Overview

Original Trust Amount
$1,209,528,850
Current Trust Amount
$1,190,244,452
Number of Loans
47
Number of Properties
85
Average Loan Size
$25,734,656

Portfolio Characteristics

Weighted Average Interest Rate
3.6%
Weighted Average Term
116 months
Original Valuation
$5,350,853,619
Current Valuation
$5,318,193,619

Key Dates

Origination Date
3/31/2021
Latest Valuation
2/25/2025
Latest Transfer
10/1/2024
Latest Return
5/19/2025
Latest Modification
12/10/2024

Special Servicing Status

Loans in Special Servicing
2
Special Servicing Balance
$22,187,269
Loans Returned to Master
1
Balance Returned
$5,196,408
Avg Time in Special Servicing
457 days
Avg Time to Return
279 days

Valuation Changes

Updated Valuations
3
Total Updated Value
$7,500,000
Value Change Amount
-$7,660,000
Value Change Percentage
-142.8%

Modifications

Number of Modifications
5
Modified Balance
$181,652,658

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 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.
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
Bond Fund of America2025-05-29Search FIGILookup LEIA-5$21,410,1382025-12-31
Intermediate Bond Fund of America2025-01-23Search FIGILookup LEIA-5$13,629,5812025-08-31
Performance Trust Total Return Bond Fund2025-04-08Search FIGILookup LEIX-A, X-B$7,236,0012025-08-31
Macquarie Diversified Income Fund2025-06-25Search FIGILookup LEIA-5$4,368,8612025-10-31
American Funds Multi-Sector Income Fund2025-05-29Search FIGILookup LEIB$4,220,6702025-12-31
Fidelity Real Estate High Income Fund2025-04-25Search FIGILookup LEI300P-D, 300P-E$3,519,2682025-11-30
VANGUARD TOTAL BOND MARKET INDEX FUND2025-05-28Search FIGILookup LEIA-S$3,098,9112025-12-31
VANGUARD TOTAL BOND MARKET II INDEX FUND2025-05-28Search FIGILookup LEIA-S$2,550,8042025-12-31
American Balanced Fund2025-05-29Search FIGILookup LEIA-5$1,856,1652025-12-31
Macquarie VIP Asset Strategy Series2025-05-29Search FIGILookup LEIA-5$1,733,5262025-12-31
MML Managed Bond Fund2025-05-30Search FIGILookup LEI300P-C$1,601,9512025-12-31
Macquarie Wealth Builder Fund2025-04-24Search FIGILookup LEIA-5$1,260,7092025-11-30
Fidelity Total Bond Fund2025-04-25Search FIGILookup LEI300P-D, 300P-E$970,3712025-08-31
iShares CMBS ETF2025-06-26Search FIGILookup LEIA-5$874,8642025-10-31
Macquarie VIP Balanced Series2025-05-29Search FIGILookup LEIA-5$866,7632025-12-31
Empower Bond Index Fund2025-05-22Search FIGILookup LEIA-5$866,7632025-12-31
Fidelity SAI Total Bond Fund2025-04-25Search FIGILookup LEI300P-D, 300P-E$542,7032025-08-31
PGIM Active Aggregate Bond ETF2025-04-22Search FIGILookup LEIA-3$447,4962025-08-31
State Street Aggregate Bond Index Portfolio2025-05-28Search FIGILookup LEIA-5$433,7612025-12-31
Core Plus Bond Fund2025-03-25Search FIGILookup LEIA-5$426,4212025-10-31
American Funds Strategic Bond Fund2025-05-29Search FIGILookup LEIB$396,3072025-12-31
Capital Group Core Bond ETF2025-05-28Search FIGILookup LEIA-5$217,0452025-12-31
PD Aggregate Bond Index Portfolio2025-05-28Search FIGILookup LEIA-5$173,6362025-12-31
TOTAL BOND MARKET INDEX PORTFOLIO2025-05-28Search FIGILookup LEIA-S$42,1622025-12-31
Fund NameTranchesIds
Bond Fund of America
$21,410,138
2025-12-31
A-5Search FIGI
Lookup LEI
Intermediate Bond Fund of America
$13,629,581
2025-08-31
A-5Search FIGI
Lookup LEI
Performance Trust Total Return Bond Fund
$7,236,001
2025-08-31
X-A, X-BSearch FIGI
Lookup LEI
Macquarie Diversified Income Fund
$4,368,861
2025-10-31
A-5Search FIGI
Lookup LEI
American Funds Multi-Sector Income Fund
$4,220,670
2025-12-31
BSearch FIGI
Lookup LEI
Fidelity Real Estate High Income Fund
$3,519,268
2025-11-30
300P-D, 300P-ESearch FIGI
Lookup LEI
VANGUARD TOTAL BOND MARKET INDEX FUND
$3,098,911
2025-12-31
A-SSearch FIGI
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VANGUARD TOTAL BOND MARKET II INDEX FUND
$2,550,804
2025-12-31
A-SSearch FIGI
Lookup LEI
American Balanced Fund
$1,856,165
2025-12-31
A-5Search FIGI
Lookup LEI
Macquarie VIP Asset Strategy Series
$1,733,526
2025-12-31
A-5Search FIGI
Lookup LEI
MML Managed Bond Fund
$1,601,951
2025-12-31
300P-CSearch FIGI
Lookup LEI
Macquarie Wealth Builder Fund
$1,260,709
2025-11-30
A-5Search FIGI
Lookup LEI
Fidelity Total Bond Fund
$970,371
2025-08-31
300P-D, 300P-ESearch FIGI
Lookup LEI
iShares CMBS ETF
$874,864
2025-10-31
A-5Search FIGI
Lookup LEI
Macquarie VIP Balanced Series
$866,763
2025-12-31
A-5Search FIGI
Lookup LEI
Empower Bond Index Fund
$866,763
2025-12-31
A-5Search FIGI
Lookup LEI
Fidelity SAI Total Bond Fund
$542,703
2025-08-31
300P-D, 300P-ESearch FIGI
Lookup LEI
PGIM Active Aggregate Bond ETF
$447,496
2025-08-31
A-3Search FIGI
Lookup LEI
State Street Aggregate Bond Index Portfolio
$433,761
2025-12-31
A-5Search FIGI
Lookup LEI
Core Plus Bond Fund
$426,421
2025-10-31
A-5Search FIGI
Lookup LEI
American Funds Strategic Bond Fund
$396,307
2025-12-31
BSearch FIGI
Lookup LEI
Capital Group Core Bond ETF
$217,045
2025-12-31
A-5Search FIGI
Lookup LEI
PD Aggregate Bond Index Portfolio
$173,636
2025-12-31
A-5Search FIGI
Lookup LEI
TOTAL BOND MARKET INDEX PORTFOLIO
$42,162
2025-12-31
A-SSearch FIGI
Lookup LEI
* 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.

Deal Documents

Links to the deal documents for BMARK 2021-B25.

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.

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.

2025-06-27
Mid Cape Flex
Douglas Hannah
Prospectus ID: 43

6/11/2025 - 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 h as 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 will be listed for sale by the Receiver, then the other properties thereafter.

2025-06-27
Portfolio (3 Retail properties)
John Boone
Prospectus ID: 33
* 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.

Get some data

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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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