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
Who's Involved#
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$860,132,300Current Trust Amount
$856,682,343Number of Loans
27Number of Properties
91Average Loan Size
$31,856,752Portfolio Characteristics
Weighted Average Interest Rate
6.8%Weighted Average Term
61 monthsOriginal Valuation
$6,977,400,000Current Valuation
$6,890,100,000Key Dates
Origination Date
4/28/2023Latest Valuation
6/23/2025Latest Transfer
5/8/2025Latest Return
N/ALatest Modification
7/30/2024Special Servicing Status
Loans in Special Servicing
3Special Servicing Balance
$101,928,686Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
165 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
3Total Updated Value
$107,800,000Value Change Amount
-$87,300,000Value Change Percentage
-84.0%Modifications
Number of Modifications
2Modified Balance
$25,000,000Deal 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 Exposure#
Source: NPORT-P & related disclosures • 2025-08-2714 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.
* 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#
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.
💬 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
💬 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.
External Analysis
No external analysis linked yet. Become a Verified Contributor to publish and link your research.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.yamlGET 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.
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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