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BMARK 2023-B40

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated May 28, 2026.
2026-05-28
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.

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 —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.

Machine-readable data: https://dealcharts.org/llm/facts/bmark2023-b40.json · API docs
Have a question this page didn't answer? Ask Cairn →
📋 Quick Links
🏢 Entities
7
📈 Metrics
34
📊 Charts
15
💰 Fund Holdings
7
📄 Documents
11
💬 Analysis & Commentary
1
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Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Operating AdvisorPentalpha Surveillance
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
Special ServicerLNR Partners
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
TrusteeComputershare Trust Company, N.A.

Deal Metrics

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

Deal Overview

Original Trust Amount
$484,426,298
Current Trust Amount
$472,631,754
Number of Loans
19
Number of Properties
34
Average Loan Size
$24,221,315

Portfolio Characteristics

Weighted Average Interest Rate
7.7%
Weighted Average Term
99 months
WA DSCR (NCF) at Issuance
1.62x
WA DSCR (NCF) Current
1.37x
Original Valuation
$4,349,787,393
Current Valuation
$4,349,787,393

Key Dates

Origination Date
12/1/2023
Latest Valuation
5/31/2024
Latest Transfer
1/8/2026
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
1
Special Servicing Balance
$11,732,499
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
162 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
0
Total Updated Value
N/A
Value Change Amount
N/A
Value Change Percentage
N/A

Modifications

Number of Modifications
0
Modified Balance
N/A

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BMARK 2023-B40 - All States
2026-05-28

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-05-28
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Funds Multi-Sector Income Fund2026-05-28Search FIGILookup LEIB$7,227,5152026-12-31
American Funds Strategic Bond Fund2026-05-28Search FIGILookup LEIB$1,866,9862026-12-31
Principal Real Estate Income Fund2025-03-27Search FIGILookup LEID$976,3232025-10-31
Fidelity Total Bond ETF2025-07-24Search FIGILookup LEIA-S$528,2862025-08-31
AMG GW&K Securitized Bond SMA Shares2026-06-01Search FIGILookup LEIA-5$266,8452026-12-31
GuideMark Core Fixed Income Fund2026-05-29Search FIGILookup LEIX-A$49,1052026-03-31
VANGUARD CORE-PLUS BOND INDEX ETF2026-02-26Search FIGILookup LEIA-5$27,0152026-09-30
Fund NameTranchesIds
American Funds Multi-Sector Income Fund
$7,227,515
2026-12-31
BSearch FIGI
Lookup LEI
American Funds Strategic Bond Fund
$1,866,986
2026-12-31
BSearch FIGI
Lookup LEI
Principal Real Estate Income Fund
$976,323
2025-10-31
DSearch FIGI
Lookup LEI
Fidelity Total Bond ETF
$528,286
2025-08-31
A-SSearch FIGI
Lookup LEI
AMG GW&K Securitized Bond SMA Shares
$266,845
2026-12-31
A-5Search FIGI
Lookup LEI
GuideMark Core Fixed Income Fund
$49,105
2026-03-31
X-ASearch FIGI
Lookup LEI
VANGUARD CORE-PLUS BOND INDEX ETF
$27,015
2026-09-30
A-5Search FIGI
Lookup LEI
7 of 7 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 & lineageFund 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.
2026-03-26
Latest
Monthly Remittance Report
Document filing with updated information.
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 →
2023-12-13
Final Prospectus
Document filing with updated information.
View on SEC →
2023-12-06
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2023-12-06
Final Termsheet
Document filing with updated information.
View on SEC →
2023-12-06
Annex A
Document filing with updated information.
View on SEC →
2023-12-05
Preliminary Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2026-03-26
Staybridge Suites Lubbock
Harendra I. Patel
Prospectus ID: 17
3/11/2026 - Loan transferred as Specially Serviced on 1/12/2026 due to delinquency of loan payments of 60-plus days. The collateral is a 120-key four-story Staybridge Suites, all-suites flag licensed by IHG, constructed in 2017 and located on 2.07 ac res in Lubbock, TX. Borrower returned executed Pre-Negotiation Letter to Lender, who is simultaneously dual tracking pursuing legal remedies and Borrower conversation.
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.
Have a source-backed note on this deal? Contact us.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET 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": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Depositor",
    "name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  }
]
}


Access the underlying datasets used to power these analytics.
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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

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

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Ask Cairn

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