BMARK 2023-B40
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated February 26, 2026.2026-02-26
Coverage: —Freshness: —Latency: —Last schema change: —
Quick Answer
What is BMARK 2023-B40? A US commercial mortgage-backed security ($484.4M; 19 loans; 34 properties).
Identifiers: Series bmark2023-b40; CIK 1991192.
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 1991192.
Machine-readable data: https://dealcharts.org/llm/facts/bmark2023-b40.json · API docs
📋 Quick Links
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
TrusteeComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
Operating AdvisorPentalpha Surveillance
Special ServicerLNR Partners
Certificate AdministratorComputershare Trust Company, N.A.
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$484,426,298Current Trust Amount
$472,871,208Number of Loans
19Number of Properties
34Average Loan Size
$24,221,315Portfolio Characteristics
Weighted Average Interest Rate
7.7%Weighted Average Term
99 monthsWA DSCR (NCF) at Issuance
1.62xWA DSCR (NCF) Current
1.53xOriginal Valuation
$4,349,787,393Current Valuation
$4,349,787,393Key Dates
Origination Date
12/1/2023Latest Valuation
5/31/2024Latest Transfer
1/8/2026Latest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
1Special Servicing Balance
$11,732,499Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
56 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
0Total Updated Value
N/AValue Change Amount
N/AValue Change Percentage
N/AModifications
Number of Modifications
0Modified Balance
N/ADeal 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 Funds Multi-Sector Income Fund | 2026-02-26 | Search FIGI | Lookup LEI | B, C | $10,305,629 | 2025-12-31 |
| American Funds Strategic Bond Fund | 2026-02-26 | Search FIGI | Lookup LEI | B | $1,908,884 | 2025-12-31 |
| Principal Real Estate Income Fund | 2025-03-27 | Search FIGI | Lookup LEI | D | $976,323 | 2025-10-31 |
| Fidelity Total Bond ETF | 2025-07-24 | Search FIGI | Lookup LEI | A-S | $528,286 | 2025-08-31 |
| AMG GW&K Securitized Bond SMA Shares | 2026-02-25 | Search FIGI | Lookup LEI | A-5 | $270,154 | 2025-12-31 |
| VANGUARD CORE-PLUS BOND INDEX ETF | 2026-02-26 | Search FIGI | Lookup LEI | A-5 | $27,015 | 2026-09-30 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Funds Multi-Sector Income Fund $10,305,629 2025-12-31 | B, C | Search FIGI Lookup LEI |
| American Funds Strategic Bond Fund $1,908,884 2025-12-31 | B | Search FIGI Lookup LEI |
| Principal Real Estate Income Fund $976,323 2025-10-31 | D | Search FIGI Lookup LEI |
| Fidelity Total Bond ETF $528,286 2025-08-31 | A-S | Search FIGI Lookup LEI |
| AMG GW&K Securitized Bond SMA Shares $270,154 2025-12-31 | A-5 | Search FIGI Lookup LEI |
| VANGUARD CORE-PLUS BOND INDEX ETF $27,015 2026-09-30 | A-5 | Search FIGI Lookup LEI |
6 of 6 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.2023-12-21
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →2023-12-13
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →2023-12-13
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →2023-12-13
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →2023-12-13
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →Context & Commentary#
Entity Statements
💬 Servicer Commentary
2026-02-26
Staybridge Suites Lubbock
Harendra I. Patel
Prospectus ID: 17
2/10/2026 - Loan transferred as Specially Serviced on 1/12/2026 due to loan payments 60-plus days delinquent. The collateral is a 120-key four-story Staybridge Suites, all-suites flag licensed by IHG, constructed in 2017 and located on 2.07 acres in Lubbock, TX. Lender will initiate discussions with Borrower once Borrower returns an executed Pre-Negotiation Letter to Lender, who is simultaneously dual tracking pursuing legal remedies.
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/bmark2023-b40
{
"deal_id": "bmark2023-b40",
"issuer": "",
"shelf": "",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "S&P, Fitch, KBRA"
},
{
"role": "Trustee",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Midland Loan Services"
},
{
"role": "Depositor",
"name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
},
{
"role": "Operating Advisor",
"name": "Pentalpha Surveillance"
},
{
"role": "Special Servicer",
"name": "LNR Partners"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
}
]
}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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