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CMBS dealSpecial servicing active

BMO 2022-C3

As of 7/1/2026Source: SEC EDGAR, CIK 1942599
Latest answer
BMO 2022-C3 is a CMBS reference page with collateral metrics, transaction parties, filings, fund exposure, and machine-readable facts tied back to source disclosure.
Coverage: 100%Freshness: 8 days
Context brief

Quick Answer

What is BMO 2022-C3? A US commercial mortgage-backed security issued September 2022 ($727.1M; 48 loans; 89 properties).

Identifiers: Shelf BMO; Series bmo2022-c3; CIK 1942599.

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 1942599.

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

Part of:2022 VintageBMO ShelfK-Star Asset Management (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bmo2022-c3.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:Entities9Metrics34Charts15Macro Context1Fund Holdings1Documents6Analysis & Commentary7

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassKKR Real Estate Credit Opportunity Partners II L.P.
Risk RetentionL-Shaped
Special ServicerK-Star Asset Management
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerMidland Loan Services
TrusteeComputershare Trust Company, N.A.
Operating AdvisorPark Bridge Lender Services
DepositorBMO Commercial Mortgage Securities c/o BMO Capital

Deal Metrics

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

Deal Overview

Aggregate Original Loan Amount
Current Trust Amount
Number of Loans
Number of Properties
Average Loan Size

Portfolio Characteristics

Weighted Average Interest Rate
Weighted Average Term
WA DSCR (NCF) at Issuance
WA DSCR (NCF) Current
Original Valuation
Current Valuation

Key Dates

Origination Date
Latest Valuation
Latest Transfer
Latest Return
Latest Modification

Special Servicing Status

Loans in Special Servicing
Special Servicing Balance
Loans Returned to Master
Balance Returned
Avg Time in Special Servicing
Avg Time to Return

Valuation Changes

Updated Valuations
Total Updated Value
Value Change Amount
Value Change Percentage

Modifications

Number of Modifications
Modified Balance

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BMO 2022-C3 - All States
2026-07-01

Fund Exposure#

Source: NPORT-P & related disclosures • 2026-02-20
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
DoubleLine Commercial Real Estate ETF2026-02-20Search FIGILookup LEIA-1$53,4502026-09-30
Fund NameTranchesIds
DoubleLine Commercial Real Estate ETF
$53,450
2026-09-30
A-1Search FIGI
Lookup LEI
1 of 1 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.
2026-07-01
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2022-10-07
Final Prospectus
Document filing with updated information.
View on SEC →
2022-09-14
Preliminary Termsheet
Document filing with updated information.
View on SEC →
2022-09-14
Final Termsheet
Document filing with updated information.
View on SEC →
2022-09-14
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2022-09-14
Annex A
Document filing with updated information.
View on SEC →

Context & Commentary#

This deal is tagged for AI-industry / data-center exposure (Tech Giant). See the full list of AI-exposed CMBS deals →

Entity Statements

💬 Servicer Commentary

2026-05-28
561 Clinton Street
Abe Cohen
Prospectus ID: 44
5/11/2026 - The Loan transferred to special servicing effective 2/7/2024 due to payment default. The loan is currently due for the 9/6/2024 payment. Other amounts (including costs/expenses/default interest/late charges) have not been paid. The loan is secured by a mixed-use building in Brooklyn, NY containing both retail (4) and multifamily (4) units. Special Servicer was seeking to resume reinstatement discussions, though the loan has remained delinquent. Legal counsel has been engaged and the deb t formally demanded and accelerated. Foreclosure complaint filed in Q4 2024. Updated appraisal is being finalized. Note sale effort launched late June 2025, though special servicer ultimately determined to proceed with foreclosure rather than selling the note. Special servicer has sought a receiver and is awaiting a ruling from the court. MSJ filed late Q1 2026.
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💬 Servicer Commentary

2026-05-28
Portfolio (3 Multifamily properties)
Matthew J. Schmidt
Prospectus ID: 33
5/11/2026 - Loan transferred to Special Servicing effective 1/28/25 due to payment default as the loan was due for the 11/6/24 payment. Counsel was retained and a default and acceleration notice was sent to Borrower. Borrower has not signed the P NA. Borrower initially sent partial payments but has not sent funds since February 2025. Cash management was established in June 2025; however, no rents have been deposited to date. Borrower has expressed interest in reinstating the loan; however, has not been remitting payments. Loan is paid through February 2025. Special Servicer is dual tracking foreclosure and receivership. Receivership hearing occurred in October 2025 and judge did not appoint a receiver. Court ordered mediation was held in November 2025, was continued to April 2026 and further continued to May 2026.
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💬 Servicer Commentary

2026-05-28
2015 Walnut Street
Abe Cohen
Prospectus ID: 48
5/11/2026 - The Loan transferred to special servicing effective 2/13/2025 due to payment default. The loan is currently due for the 12/6/2024 payment. Other amounts (including costs/expenses/default interest/late charges) have not been paid. The lo an is secured by an 8-unit multifamily property (with one retail unit) in Philadelphia, PA. Legal counsel has been engaged and the debt formally demanded and accelerated. Updated appraisal has been completed. Note sale effort launched late June 2025, though special servicer ultimately determined to proceed with foreclosure rather than selling the note. MSJ filed by lender in April 2026. Receiver motion from lender also pending with the court, which Borrower has
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 10A1
5/11/2026 - Loan transferred to Special Servicing effective 4/16/26 due to imminent default resulting from the recent Bankruptcy Filing of the parent company of single tenant Saks & Company, LLC. Collateral is a 822,771-sf warehouse distribution c enter in Wilkes Barre, PA fully leased to Saks. PNA has been not yet been signed. Loan is paid to 4/6/25. Trust counsel is reviewing the Loan file. Updated appraisal is in process.
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 3A16
5/11/2026 - In November 2025, Special Servicer closed on a Modification Agreement curing the defaults of both our senior mortgage loan and of the four subordinate mezzanines. Next step is Return to Master Servicer. Remaining RTMS requirements include curing certain liens on the Property, approval of the late-submitted 2026 budget, and formalizing a change of management company which is pending RAC and documentation. As of 4/23/26, the majority of the liens have been cured, RAC approval is in process, and the 2026 budget is in late stages of approval. Consequently, RTMS target is 6/30/26.
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 3A1
5/11/2026 - In November 2025, Special Servicer closed on a Modification Agreement curing the defaults of both our senior mortgage loan and of the four subordinate mezzanines. Next step is Return to Master Servicer. Remaining RTMS requirements include curing certain liens on the Property, approval of the late-submitted 2026 budget, and formalizing a change of management company which is pending RAC and documentation. As of 4/23/26, the majority of the liens have been cured, RAC approval is in process, and the 2026 budget is in late stages of approval. Consequently, RTMS target is 6/30/26.
Open Deal →

💬 Servicer Commentary

2026-05-28
Prospectus ID: 10A4
5/11/2026 - Loan transferred to Special Servicing effective 4/16/26 due to imminent default resulting from the recent Bankruptcy Filing of the parent company of single tenant Saks & Company, LLC. Collateral is a 822,771-sf warehouse distribution c enter in Wilkes Barre, PA fully leased to Saks. PNA has been not yet been signed. Loan is paid to 4/6/25. Trust counsel is reviewing the Loan file. Updated appraisal is in process.
Open Deal →

External Analysis

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All items include provenance (author, timestamp, source).Have a source-backed clarification? Contact us.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
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Datasets & API#

GET https://dealcharts.org/llm/facts/bmo2022-c3.json
{
  "deal_id": "bmo2022-c3",
  "issuer": "",
  "shelf": "BMO",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "KKR Real Estate Credit Opportunity Partners II L.P."
  },
  {
    "role": "Risk Retention",
    "name": "L-Shaped"
  },
  {
    "role": "Special Servicer",
    "name": "K-Star Asset Management"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Depositor",
    "name": "BMO Commercial Mortgage Securities  c/o BMO Capital"
  }
]
}


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