BMARK 2023-V2
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 26, 2026.2026-06-26
Coverage: 100%Freshness: 8 days
Quick Answer
What is BMARK 2023-V2? A US commercial mortgage-backed security issued May 2023 ($860.1M; 27 loans; 91 properties).
Identifiers: Shelf BMARK; Series bmark2023-v2; CIK 1970781.
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 1970781.
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-v2.json · API docs
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
Risk RetentionHorizontal
TrusteeComputershare Trust Company, N.A.
Special Servicer3650 REIT Loan Servicing
DepositorCitigroup Commercial Mortgage Securities Inc.
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
Operating AdvisorBellOak
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Aggregate Original Loan Amount
$860.1MCurrent Trust Amount
$854.5MNumber of Loans
27Number of Properties
91Average Loan Size
$31.9MPortfolio Characteristics
Weighted Average Interest Rate
6.8%Weighted Average Term
61 monthsWA DSCR (NCF) at Issuance
1.79xWA DSCR (NCF) Current
1.57xOriginal Valuation
$6.98BCurrent Valuation
$6.89BKey Dates
Origination Date
4/28/2023Latest Valuation
6/23/2025Latest Transfer
2/20/2026Latest Return
3/31/2026Latest Modification
7/31/2025Special Servicing Status
Loans in Special Servicing
4Special Servicing Balance
$132.9MLoans Returned to Master
1Balance Returned
$22.3MAvg Time in Special Servicing
326 daysAvg Time to Return
327 daysValuation Changes
Updated Valuations
3Total Updated Value
$107.8MValue Change Amount
$-87.3MValue Change Percentage
-44.7%Modifications
Number of Modifications
3Modified Balance
$90.0MDeal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2023-11-27| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| American Funds Multi-Sector Income Fund | 2026-05-28 | Search FIGI | Lookup LEI | B | $13,600,930 | 2026-12-31 |
| DoubleLine Commercial Real Estate ETF | 2026-02-20 | Search FIGI | Lookup LEI | A-2, A-1 | $937,196 | 2026-09-30 |
| Fidelity Total Bond ETF | 2025-07-24 | Search FIGI | Lookup LEI | A-S | $517,242 | 2025-08-31 |
| EQ/Core Plus Bond Portfolio | 2023-11-27 | Search FIGI | Lookup LEI | A-3 | $463,688 | 2023-12-31 |
| Columbia Short Duration Bond ETF | 2026-06-25 | Search FIGI | Lookup LEI | A-2 | $403,795 | 2026-10-31 |
| Natixis Loomis Sayles Short Duration Income ETF | 2024-08-28 | Search FIGI | Lookup LEI | A-3 | $75,869 | 2024-12-31 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Funds Multi-Sector Income Fund $13,600,930 2026-12-31 | B | Search FIGI Lookup LEI |
| DoubleLine Commercial Real Estate ETF $937,196 2026-09-30 | A-2, A-1 | Search FIGI Lookup LEI |
| Fidelity Total Bond ETF $517,242 2025-08-31 | A-S | Search FIGI Lookup LEI |
| EQ/Core Plus Bond Portfolio $463,688 2023-12-31 | A-3 | Search FIGI Lookup LEI |
| Columbia Short Duration Bond ETF $403,795 2026-10-31 | A-2 | Search FIGI Lookup LEI |
| Natixis Loomis Sayles Short Duration Income ETF $75,869 2024-12-31 | A-3 | 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.Context & Commentary#
Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →
Entity Statements
💬 Servicer Commentary
2026-06-26
Chicago Heights
Ian Quint
Prospectus ID: 27
5/11/2026 - The Borrower executed a reinstatement agreement to bring the loan current and funded a newly established debt service shortfall reserve for future projected shortfalls. The Borrower was recently issued a demand to keep the reserve fully funded , and the Special Servicer continues to monitor Borrower''s compliance. Special Servicer continues to monitor the loan''s performance and compliance with the reinstatement agreement.
💬 Servicer Commentary
2026-06-26
Portfolio (3 WH properties)
Michael K. Press
Prospectus ID: 12
6/10/2026 - The Loan transferred into special servicing on 12/8/2025 in connection with an imminent default relative to the sole tenant (iMedia Brands, Inc.) vacating the Property and termination without the consent of Lender. A Notice of Default and Not ice of Acceleration were sent to Borrower. The Special Servicer has engaged outside counsel, and the parties are holding discussions relative to a potential forbearance and will continue to dual track enforcement proceedings in order to evaluate all stra tegies and potential resolution scenarios that maximize recovery for the trust.
💬 Servicer Commentary
2026-06-26
Prospectus ID: 2A1
6/10/2026 - The loan transferred to Special Servicing due to a monetary payment default. Notice of Default and Notice of Acceleration were disseminated, and Borrower executed a pre-negotiation agreement. A Receiver was appointed in December 2025, who has since taken control of the asset, including property and leasing management to advance stabilization of the Property. The lender is trapping all cash flow and will continue to evaluate all available strategies that will
💬 Servicer Commentary
2026-06-26
Prospectus ID: 16A4-2
5/11/2026 - The loan transferred into special servicing effective 2/20/2026. The collateral consists of five industrial properties in California, Utah, South Carolina, Ohio, and North Carolina. The loan transferred to special servicing after borrower not ified the special servicer that they had pledged one of the SPE entities to another company that had scheduled a UCC foreclosure sale. The sale was eventually cancelled. The collateral is 100% occupied by CVB, a Borrower affiliated company; however, CVB i s dark and has subleased out many of the facilities based on the 2026 site inspections. The Borrower signed a PNA, and discussions between borrower and special servicer have commenced. The special servicer is evaluating rights and remedies as outlined in the loan documents while also continuing discussions with the Borrower.
💬 Servicer Commentary
2026-04-27
Defeased
Jagmohan Dhillon
Prospectus ID: 14
4/13/2026 - The loan transferred to Special Servicing due to the borrower incurring additional non-permitted indebtedness in the form of three second liens. Special Servicer issued a notice of default and a purchase option notice to the mezzanine lender. As a result of the notice of default, the borrower provided satisfactory lien releases and entered into a settlement agreement. The Loan defeased on 3/31/2026.
External Analysis
No external analysis linked yet. Contact us to publish and link your research.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/bmark2023-v2.json
{
"deal_id": "bmark2023-v2",
"issuer": "",
"shelf": "BMARK",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "S&P, Fitch, KBRA"
},
{
"role": "Risk Retention",
"name": "Horizontal"
},
{
"role": "Trustee",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Special Servicer",
"name": "3650 REIT Loan Servicing"
},
{
"role": "Depositor",
"name": "Citigroup Commercial Mortgage Securities Inc."
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Midland Loan Services"
},
{
"role": "Operating Advisor",
"name": "BellOak"
}
]
}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.
Paid
CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
Paid
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