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BMO 2023-C7

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated July 1, 2026.
2026-07-01
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BMO 2023-C7? A US commercial mortgage-backed security issued December 2023 ($737.6M; 31 loans; 85 properties).

Identifiers: Shelf BMO; Series bmo2023-c7; CIK 1995500.

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 1995500.

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.

Part of:2023 VintageBMO ShelfKeyBank National Association (Special Servicer)
Machine-readable data: https://dealcharts.org/llm/facts/bmo2023-c7.json · API docs
Have a question this page didn't answer? Ask Cairn →
On this page:🏢 Entities
11
📈 Metrics
34
📊 Charts
15
💰 Fund Holdings
1
📄 Documents
6
💬 Analysis & Commentary
9

Who's Involved#

Rating AgenciesMoodys, Fitch, KBRA
Controlling ClassSDOF III MB, L.P.
Controlling ClassSDOF III MB, L.P.
Risk RetentionL-Shaped
Risk RetentionL-Shaped
Special ServicerKeyBank National Association
Operating AdvisorPentalpha Surveillance
Certificate AdministratorComputershare Trust Company, N.A.
DepositorBMO Commercial Mortgage Securities c/o BMO Capital
TrusteeComputershare Trust Company, N.A.
Master ServicerMidland Loan Services

Deal Metrics

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

Deal Overview

Original Trust Amount
$737,605,629
Current Trust Amount
$731,910,884
Number of Loans
31
Number of Properties
85
Average Loan Size
$23,793,730

Portfolio Characteristics

Weighted Average Interest Rate
7.1%
Weighted Average Term
109 months
WA DSCR (NCF) at Issuance
1.77x
WA DSCR (NCF) Current
1.49x
Original Valuation
$5,577,560,000
Current Valuation
$5,534,130,000

Key Dates

Origination Date
11/22/2023
Latest Valuation
7/31/2025
Latest Transfer
1/8/2026
Latest Return
N/A
Latest Modification
11/17/2025

Special Servicing Status

Loans in Special Servicing
5
Special Servicing Balance
$113,684,635
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
434 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
4
Total Updated Value
$91,970,000
Value Change Amount
-$43,430,000
Value Change Percentage
-157.2%

Modifications

Number of Modifications
1
Modified Balance
$14,000,000

Deal Charts

Charts showing deal performance over time.

Geographic Distribution - BMO 2023-C7 - 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$1,137,6302026-09-30
Fund NameTranchesIds
DoubleLine Commercial Real Estate ETF
$1,137,630
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.
2026-05-28
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2023-12-04
Final Prospectus
Document filing with updated information.
View on SEC →
2023-11-27
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2023-11-27
Annex A
Document filing with updated information.
View on SEC →
2023-11-27
Final Termsheet
Document filing with updated information.
View on SEC →
2023-11-24
Preliminary Termsheet
Document filing with updated information.
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

2026-05-28
Portfolio (3 Multifamily properties)
Moshe Horn
Prospectus ID: 8
5/11/2026 - Loan was transferred to Special Servicing on 10/14/2025 due to payment default. Property consists of 3 properties: Residence at Patriot Place located in Columbus, GA (18 buildings with total of 257 units and built in 1978); Retreat at Ragan Park located in Macon, GA (15 buildings with a total 144 units and built in 1974); and Magnolia Manor located in Birmingham, AL (11 buildings with a total 122 units built in 1987). Borrower has not made timely payments since August 2025, haven''t p rovided compliant insurance, and has not provided any reporting since YE 2024. Legal Counsel has been engaged and sent a default letter for all current defaults and have commenced enforcement.
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 13A2
5/11/2026 - Loan transferred to Special Servicing on 1/8/2026 due to payment default. Loan is collateralized by a 126-room hotel located in Kansas City, MO. According to the December 2025 STAR report, the property was 47.1% occupied with an ADR of $104.52 and RevPAR of $49.22. Negotiations are ongoing with the Borrower.
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 13A3
5/4/26: The OPI portfolio loans transferred to Midland as SS on 12/30/25 due to the bankruptcy filing of the loan guarantor Office Properties Income Trust on 10/30/25. Counsel is engaged and EOD has been sent to the borrower. Proof of claims were f iled in the case on behalf of lender. The debtor obtained approval for a DIP loan. The guarantor debtor filed a Ch. 11 plan of reorganization and disclosure statement that was confirmed by the court on 4/22/26. The loan is secured by two office properties : Waco is a 138,608 sf Class B property 100% occupied by Veteran Affairs with lease expiration 12/2035 and Duluth is a 344,476 sf Class A property 100% occupied by Primerica Life Insurance with lease expiration 12/2035. Midland and the borrower entered in to a waiver agreement on 5/1/26 to allow the loan to transition to a performing status and cash management is in place for the remaining term of the loan. Midland plans to transfer this loan back to Master
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 13A1-2
5/4/26: The OPI portfolio loans transferred to Midland as SS on 12/30/25 due to the bankruptcy filing of the loan guarantor Office Properties Income Trust on 10/30/25. Counsel is engaged and EOD has been sent to the borrower. Proof of claims were f iled in the case on behalf of lender. The debtor obtained approval for a DIP loan. The guarantor debtor filed a Ch. 11 plan of reorganization and disclosure statement that was confirmed by the court on 4/22/26. The loan is secured by two office properties : Waco is a 138,608 sf Class B property 100% occupied by Veteran Affairs with lease expiration 12/2035 and Duluth is a 344,476 sf Class A property 100% occupied by Primerica Life Insurance with lease expiration 12/2035. Midland and the borrower entered in to a waiver agreement on 5/1/26 to allow the loan to transition to a performing status and cash management is in place for the remaining term of the loan. Midland plans to transfer this loan back to Master
Open Deal →

💬 Servicer Commentary

2026-05-28
Holiday Inn Kansas City
Larry Patel
Prospectus ID: 26
5/11/2026 - Loan transferred to Special Servicing on 1/8/2026 due to payment default. Loan is collateralized by a 126-room hotel located in Kansas City, MO.According to the December 2025 STAR report, the property was 47.1% occupied with an ADR of $104.52 and RevPAR of $49.22. Negotiations are ongoing with the Borrower.
Open Deal →

💬 Servicer Commentary

2026-05-28
Prospectus ID: 19A2
5/11/2026 - The loan is delinquent regarding payments and reporting requirements. A default letter and Acceleration letter has been sent to the Borrower regarding the missed payments and items needed for reporting purposes. Special Servicer is pro ceeding with foreclosure due to no response from the Borrower. The court approved the Receivership order on October 15, 2025, and they have taken over operations from the Borrower.
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 19A3
5/11/2026 - Receiver remains in place. Property condition and performance continue to be evaluated, including historical reconciliation and turnover of rental income.
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💬 Servicer Commentary

2026-05-28
Prospectus ID: 7A1
5/11/2026 - The loan is delinquent regarding payments and reporting requirements. A default letter and Acceleration letter has been sent to the Borrower regarding the missed payments and items needed for reporting purposes. Special Servicer is pro ceeding with foreclosure due to no response from the Borrower. The court approved the Receivership order on October 15, 2025, and they have taken over operations from the Borrower.
Open Deal →

💬 Servicer Commentary

2026-05-28
Prospectus ID: 7A2
The loan is transferring to the Special Servicer, KeyBank, due to payment default. The loan is due for the 4/6/2024 payment. Related Loans: 030509676 Note A-1, 030510258 Note A-2.
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.
Monitoring
This deal's collateral and ratings data changes over time. Who is watching it for you?
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Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/bmo2023-c7
{
  "deal_id": "bmo2023-c7",
  "issuer": "",
  "shelf": "BMO",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "Moodys, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "SDOF III MB, L.P."
  },
  {
    "role": "Controlling Class",
    "name": "SDOF III MB, L.P."
  },
  {
    "role": "Risk Retention",
    "name": "L-Shaped"
  },
  {
    "role": "Risk Retention",
    "name": "L-Shaped"
  },
  {
    "role": "Special Servicer",
    "name": "KeyBank National Association"
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Depositor",
    "name": "BMO Commercial Mortgage Securities  c/o BMO Capital"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  }
]
}


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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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