BMARK 2023-V2 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated September 29, 2025.
2025-09-29

Context Brief

  • What it is: A 2025-vintage CMBS transaction issued by BMARK 2023-V2, backed by 27 loans across 91 commercial properties, totaling $860,132,300 in collateral. Structured as a multi-borrower conduit deal.
  • What's notable: Strong entity coverage with 8 verified counterparties and comprehensive cross-referenced collateral from prior series.
  • Key identifiers: CIK 1970781 | Shelf | Series bmark2023-v2 | Issued 2025-Q1
  • Verify: Review source filings in Deal Documents, or confirm entity ownership via Verified Profiles.
📋 Quick Links
🏢 Entities
8
📈 Metrics
30
📊 Charts
14
💰 Fund Holdings
14
📄 Documents
6
💬 Analysis & Commentary
3
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Who's Involved#

Rating AgenciesS&P, Fitch, KBRAOwn this profile? Verify your entity.
Risk RetentionHorizontalOwn this profile? Verify your entity.
Master ServicerMidland Loan ServicesOwn this profile? Verify your entity.
Special Servicer3650 REIT Loan ServicingOwn this profile? Verify your entity.
Operating AdvisorBellOakOwn this profile? Verify your entity.
Certificate AdministratorComputershare Trust Company, N.A.Own this profile? Verify your entity.

Deal Metrics

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

Deal Overview

Original Trust Amount
$860,132,300
Current Trust Amount
$856,682,343
Number of Loans
27
Number of Properties
91
Average Loan Size
$31,856,752

Portfolio Characteristics

Weighted Average Interest Rate
6.8%
Weighted Average Term
61 months
Original Valuation
$6,977,400,000
Current Valuation
$6,890,100,000

Key Dates

Origination Date
4/28/2023
Latest Valuation
6/23/2025
Latest Transfer
5/8/2025
Latest Return
N/A
Latest Modification
7/30/2024

Special Servicing Status

Loans in Special Servicing
3
Special Servicing Balance
$101,928,686
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
165 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
3
Total Updated Value
$107,800,000
Value Change Amount
-$87,300,000
Value Change Percentage
-84.0%

Modifications

Number of Modifications
2
Modified Balance
$25,000,000

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.

Geographic Distribution - BMARK 2023-V2 - All States
2025-09-29

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-08-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Funds Multi-Sector Income Fund2025-08-25Search FIGILookup LEIB$13,816,6872025-12-31
Strategic Advisers Core Income Fund2025-07-30Search FIGILookup LEIA-3$13,327,8942026-02-28
Sterling Capital Total Return Bond Fund2025-08-27Search FIGILookup LEIA-S$3,253,8102025-09-30
NVIT Loomis Short Term Bond Fund2025-08-20Search FIGILookup LEIA-3$2,672,2102025-12-31
PGIM Balanced Fund2025-08-27Search FIGILookup LEIA-3$1,444,4382025-09-30
STERLING CAPITAL ENHANCED CORE BOND ETF2025-08-26Search FIGILookup LEIA-3$1,177,9092025-12-31
Nuveen Bond Index Fund2025-08-28Search FIGILookup LEIA-2$1,015,8482026-03-31
Fidelity Total Bond ETF2025-07-24Search FIGILookup LEIA-S$517,2422025-08-31
PGIM Total Return Bond ETF2025-07-29Search FIGILookup LEIA-3$512,9152025-08-31
EQ/Core Plus Bond Portfolio2023-11-27Search FIGILookup LEIA-3$463,6882023-12-31
Nationwide Loomis Short Term Bond Fund2025-09-17Search FIGILookup LEIA-3$328,8072025-10-31
ActivePassive Core Bond ETF2025-07-30Search FIGILookup LEIC$181,1502025-08-31
Short Duration Bond Portfolio2025-08-27Search FIGILookup LEIC$89,1012025-12-31
Natixis Loomis Sayles Short Duration Income ETF2024-05-29Search FIGILookup LEIA-3$76,6782024-12-31
Fund NameTranchesIds
American Funds Multi-Sector Income Fund
$13,816,687
2025-12-31
BSearch FIGI
Lookup LEI
Strategic Advisers Core Income Fund
$13,327,894
2026-02-28
A-3Search FIGI
Lookup LEI
Sterling Capital Total Return Bond Fund
$3,253,810
2025-09-30
A-SSearch FIGI
Lookup LEI
NVIT Loomis Short Term Bond Fund
$2,672,210
2025-12-31
A-3Search FIGI
Lookup LEI
PGIM Balanced Fund
$1,444,438
2025-09-30
A-3Search FIGI
Lookup LEI
STERLING CAPITAL ENHANCED CORE BOND ETF
$1,177,909
2025-12-31
A-3Search FIGI
Lookup LEI
Nuveen Bond Index Fund
$1,015,848
2026-03-31
A-2Search FIGI
Lookup LEI
Fidelity Total Bond ETF
$517,242
2025-08-31
A-SSearch FIGI
Lookup LEI
PGIM Total Return Bond ETF
$512,915
2025-08-31
A-3Search FIGI
Lookup LEI
EQ/Core Plus Bond Portfolio
$463,688
2023-12-31
A-3Search FIGI
Lookup LEI
Nationwide Loomis Short Term Bond Fund
$328,807
2025-10-31
A-3Search FIGI
Lookup LEI
ActivePassive Core Bond ETF
$181,150
2025-08-31
CSearch FIGI
Lookup LEI
Short Duration Bond Portfolio
$89,101
2025-12-31
CSearch FIGI
Lookup LEI
Natixis Loomis Sayles Short Duration Income ETF
$76,678
2024-12-31
A-3Search FIGI
Lookup LEI
14 of 14 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? Verify your fund to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2025-09-29
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2023-05-25
Final Prospectus
Document filing with updated information.
View on SEC →
2023-05-04
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2023-05-03
Annex A
Document filing with updated information.
View on SEC →
2023-05-03
Final Termsheet
Document filing with updated information.
View on SEC →
2023-05-02
Preliminary Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2025-09-29
Prospectus ID: 2A1
9/11/2025 - The loan transferred to Special Servicing due to a monetary payment default. Notice of Default and Notice of Acceleration were disseminated. A pre-negotiation agreement was executed and the special servicer engaged a consultant to prepa re third-party due diligence reports and is in active discussions with the Borrower while evaluating all potential strategies to maximize the recovery to the trust.
Open Deal →

💬 Servicer Commentary

2025-09-29
Chicago Heights
Ian Quint
Prospectus ID: 27
9/11/2025 - The Borrower executed a reinstatement agreement to bring the loan current and funded a newly established debt service shortfall reserve for future projected shortfalls. Special Servicer will monitor the loan''s performance for potential
Open Deal →

💬 Servicer Commentary

2025-09-29
Motel 6 Tropicana - Las Vegas
Jagmohan Dhillon
Prospectus ID: 14
9/11/2025 - 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 l ender. As a result of the notice of default, the borrower provided satisfactory lien releases and entered into a settlement agreement. The special servicer will monitor the loan''s performance for potential return to the master servicer.
Open Deal →

External Analysis

No external analysis linked yet. Become a Verified Contributor to publish and link your research.
All items include provenance (author, timestamp, source). See Create-Data for how verified notes become training-ready artifacts.Have a source-backed clarification? Add verified context.
Have a source-backed note on this deal? Add verified context and help the market ground analysis in citations.

Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/bmark2023-v2
{
  "deal_id": "bmark2023-v2",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Risk Retention",
    "name": "Horizontal"
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Special Servicer",
    "name": "3650 REIT Loan Servicing"
  },
  {
    "role": "Operating Advisor",
    "name": "BellOak"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Depositor",
    "name": "Citigroup Commercial Mortgage Securities Inc."
  },
  {
    "role": "Certificate Administrator",
    "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

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