CMBS Deals with AI Exposure

Discover commercial mortgage-backed securities (CMBS) deals with exposure to the AI industry, either through data centers or major AI office tenants. Find curated listings to inform your investment decisions.
2025-01-10

Overview

The intersection of real estate and AI is transforming the commercial mortgage-backed securities (CMBS) landscape. This page highlights CMBS deals featuring collateral pools that include data centers or office tenants recognized as leaders in the AI industry. Using a metadata-first approach, this curated list surfaces intriguing opportunities for exploration, providing a starting point to identify potential trends and market dynamics.

While the methodology is based on publicly available data and is not exhaustive, it offers valuable insights for both human analysis and AI-driven investment strategies. Explore these listings to uncover new perspectives, assess opportunities, and refine your approach to navigating the evolving CMBS market.

AI Exposure Overview

Overview of CMBS deals with exposure to AI-related tenants and properties, including tech giants, data centers, cloud providers, and semiconductor manufacturers. This analysis identifies 202 unique deals across 5 categories of AI exposure.
Total AI-Exposed Deals256
Unique AI-Exposed Deals202
AI Exposure Categories5
Largest CategoryTech Giant (151 deals)
Smallest CategoryChip Manufacturers (8 deals)
Average Deals per Category51
Last UpdatedApr 8, 2026

AI-Exposed Deals

Explore the complete list of CMBS deals with AI exposure. Use the filters below to search and sort deals by various criteria.
AI Exposure Categories:

Tech Giant
Google, Microsoft, Apple, Amazon or Meta listed as tenants.
Data Center
At least one Data Center included in the collateral pool.
Cloud and SaaS
IBM, Oracle, Salesforce, or Snowflake listed as tenants.
Software Leaders
Tesla or Palantir listed as tenants.
Chip Manufacturers
NVIDIA, Intel, Broadcomm, Qualcomm or TSMC listed as tenants.
Category:
Sort by:
Showing 202 of 202 deals
Deal NameAI Exposure CategoriesVintageIssuance DateCurrent Balance
BACM 2017-BNK3
Tech Giant
2017Jan 26, 2017$817,581,817
BANK 2017-BNK4
Tech Giant
2017Mar 29, 2017$836,702,766
BANK 2017-BNK6
Tech Giant
Chip Manufacturers
2017Jul 10, 2017$731,354,664
BANK 2017-BNK7
Tech Giant
Data Center
2017Sep 13, 2017$1,048,365,149
BANK 2018-BNK11
Tech Giant
2018Apr 5, 2018$644,514,030
BANK 2018-BNK12
Tech Giant
2018May 10, 2018$808,036,848
BANK 2018-BNK13
Tech Giant
2018Jul 18, 2018$730,109,729
BANK 2018-BNK14
Data Center
2018Sep 13, 2018$1,216,282,803
BANK 2018-BNK15
Data Center
Tech Giant
2018Nov 7, 2018$932,082,939
BANK 2019-BNK16
Data Center
2019Jan 29, 2019$877,316,717
BANK 2019-BNK19
Software Leaders
Tech Giant
2019Jul 17, 2019$1,221,642,464
BANK 2019-BNK20
Tech Giant
2019Sep 10, 2019$1,124,533,572
BANK 2019-BNK21
Data Center
Tech Giant
2019Sep 24, 2019$1,078,547,387
BANK 2019-BNK23
Tech Giant
2019Nov 18, 2019$1,263,095,657
BANK 2019-BNK24
Tech Giant
2019Dec 5, 2019$1,198,100,566
BANK 2020-BNK25
Data Center
Tech Giant
2020Jan 22, 2020$1,557,767,327
BANK 2020-BNK27
Tech Giant
2020Jun 15, 2020$614,483,693
BANK 2020-BNK28
Tech Giant
2020Sep 30, 2020$696,632,276
BANK 2020-BNK30
Tech Giant
2020Dec 8, 2020$882,290,046
BANK 2021-BNK31
Tech Giant
2021Jan 25, 2021$873,636,210
BANK 2021-BNK32
Tech Giant
Data Center
2021Mar 10, 2021$866,557,338
BANK 2021-BNK33
Tech Giant
Data Center
2021May 4, 2021$986,154,649
BANK 2021-BNK34
Tech Giant
Data Center
2021Jun 9, 2021$958,652,335
BANK 2021-BNK36
Tech Giant
2021Oct 7, 2021$1,246,074,782
BANK 2021-BNK38
Tech Giant
2021Dec 7, 2021$661,670,672
BANK 2022-BNK41
Tech Giant
Data Center
2022Apr 18, 2022$1,159,913,361
BANK 2022-BNK43
Software Leaders
2022Aug 2, 2022$1,077,103,855
BANK 2022-BNK44
Data Center
2022Nov 3, 2022$1,016,867,979
BANK 2023-BNK46
Data Center
2023Jul 28, 2023$718,953,164
BANK 2024-BNK47
Cloud and SaaS
2024Jun 13, 2024$1,080,181,046
BANK 2024-BNK48
Tech Giant
2024Sep 24, 2024$1,099,908,919
BANK5 2023-5YR4
Chip Manufacturers
2023Nov 27, 2023$674,123,334
BANK5 2024-5YR10
Tech Giant
2024Sep 26, 2024$835,433,330
BANK5 2024-5YR5
Chip Manufacturers
2024Jan 25, 2024$468,600,000
BANK5 2024-5YR9
Tech Giant
2024Aug 14, 2024$907,221,651
BANK5 2025-5YR16
Tech Giant
2025Aug 13, 2025$655,470,086
BANK5 2025-5YR18
Software Leaders
Tech Giant
2025Nov 13, 2025$709,434,045
BBCMS 2017-C1
Tech Giant
Data Center
2017Feb 10, 2017$684,948,272
BBCMS 2018-C2
Tech Giant
2018Nov 20, 2018$832,026,625
BBCMS 2019-C3
Tech Giant
2019Jun 10, 2019$878,522,475
BBCMS 2019-C4
Tech Giant
2019Aug 5, 2019$847,286,143
BBCMS 2019-C5
Data Center
Tech Giant
2019Oct 30, 2019$865,386,793
BBCMS 2020-C6
Data Center
2020Jan 27, 2020$857,098,777
BBCMS 2020-C7
Tech Giant
2020Jun 9, 2020$764,102,724
BBCMS 2020-C8
Tech Giant
2020Oct 6, 2020$668,694,786
BBCMS 2021-C12
Data Center
2021Nov 8, 2021$1,048,688,838
BBCMS 2022-C14
Tech Giant
2022Jan 25, 2022$896,792,965
BBCMS 2022-C15
Tech Giant
2022Mar 18, 2022$1,016,952,298
BBCMS 2022-C16
Tech Giant
2022Jun 1, 2022$1,071,696,240
BBCMS 2022-C17
Tech Giant
2022Aug 11, 2022$899,373,821
BBCMS 2022-C18
Tech Giant
Data Center
2022Nov 15, 2022$787,204,228
BBCMS 2023-C19
Tech Giant
Data Center
2023Apr 5, 2023$787,190,759
BBCMS 2023-C20
Cloud and SaaS
Tech Giant
Data Center
2023Jun 15, 2023$817,138,548
BBCMS 2023-C22
Data Center
2023Oct 16, 2023$686,410,445
BBCMS 2024-5C25
Software Leaders
2024Mar 12, 2024$886,241,189
BBCMS 2024-5C31
Tech Giant
2024Nov 29, 2024$872,328,806
BBCMS 2025-5C33
Data Center
2025Feb 25, 2025$891,663,708
BBCMS 2025-5C36
Tech Giant
2025Jul 15, 2025$613,223,439
BBCMS 2025-5C37
Tech Giant
2025Sep 2, 2025$741,381,506
BBCMS 2025-C32
Tech Giant
2025Jan 28, 2025$998,498,646
BBCMS 2025-C35
Tech Giant
2025Jul 7, 2025$794,397,330
BBCMS 2025-C39
Tech Giant
2025Dec 3, 2025$806,011,150
BBCMS 2026-5C40
Software Leaders
Tech Giant
2026Jan 16, 2026$834,248,581
BMARK 2018-B2
Tech Giant
2018Feb 6, 2018$1,061,209,715
BMARK 2018-B4
Chip Manufacturers
Tech Giant
2018Jun 22, 2018$991,136,095
BMARK 2018-B5
Tech Giant
2018Jul 24, 2018$928,572,960
BMARK 2018-B6
Tech Giant
Data Center
2018Sep 17, 2018$1,037,820,520
BMARK 2018-B7
Tech Giant
2018Nov 28, 2018$1,064,800,573
BMARK 2018-B8
Tech Giant
2018Dec 4, 2018$935,639,317
BMARK 2019-B11
Tech Giant
2019May 16, 2019$947,508,881
BMARK 2019-B14
Tech Giant
2019Nov 14, 2019$1,156,118,402
BMARK 2019-B15
Data Center
Tech Giant
2019Nov 20, 2019$791,702,665
BMARK 2019-B9
Data Center
2019Jan 28, 2019$804,628,181
BMARK 2020-B17
Tech Giant
2020Feb 27, 2020$796,706,888
BMARK 2020-B18
Tech Giant
2020Jul 20, 2020$749,878,003
BMARK 2020-B19
Tech Giant
2020Sep 30, 2020$955,009,535
BMARK 2020-B20
Software Leaders
Tech Giant
2020Oct 30, 2020$791,232,127
BMARK 2020-B21
Data Center
Tech Giant
2020Nov 17, 2020$1,030,671,859
BMARK 2020-B22
Tech Giant
2020Dec 15, 2020$800,049,744
BMARK 2021-B23
Tech Giant
Data Center
Software Leaders
2021Jan 26, 2021$1,500,987,969
BMARK 2021-B24
Data Center
Tech Giant
Software Leaders
2021Mar 1, 2021$1,096,650,283
BMARK 2021-B25
Data Center
Tech Giant
2021Apr 12, 2021$1,165,532,966
BMARK 2021-B26
Cloud and SaaS
Tech Giant
Software Leaders
2021May 10, 2021$957,482,998
BMARK 2021-B27
Tech Giant
Data Center
2021Jul 14, 2021$1,061,860,626
BMARK 2021-B28
Tech Giant
2021Jul 28, 2021$1,312,129,201
BMARK 2021-B30
Tech Giant
2021Oct 25, 2021$936,393,973
BMARK 2021-B31
Tech Giant
2021Dec 3, 2021$1,479,084,179
BMARK 2022-B32
Tech Giant
Data Center
2022Jan 24, 2022$1,762,559,016
BMARK 2022-B34
Tech Giant
Data Center
2022Mar 24, 2022$894,984,472
BMARK 2022-B35
Tech Giant
Data Center
2022Apr 25, 2022$1,115,582,238
BMARK 2023-V4
Data Center
2023Nov 14, 2023$626,296,029
BMARK 2024-V10
Tech Giant
2024Sep 16, 2024$737,907,341
BMARK 2024-V12
Tech Giant
2024Dec 12, 2024$752,140,597
BMARK 2024-V7
Cloud and SaaS
2024May 16, 2024$821,858,187
BMARK 2024-V8
Software Leaders
2024Jun 24, 2024$1,004,864,976
BMARK 2025-B41
Tech Giant
2025Aug 19, 2025$630,321,180
BMARK 2025-V13
Data Center
2025Feb 4, 2025$767,380,000
BMARK 2025-V14
Data Center
2025Mar 17, 2025$938,889,864
BMARK 2025-V15
Cloud and SaaS
2025May 23, 2025$732,812,659
BMARK 2025-V16
Tech Giant
2025Jul 17, 2025$817,581,817
BMARK 2025-V17
Tech Giant
2025Sep 8, 2025$628,998,000
BMARK 2025-V19
Tech Giant
2025Dec 3, 2025$588,699,194
BMARK 2026-V20
Tech Giant
2026Jan 26, 2026$886,762,577
BMO 2022-C2
Tech Giant
2022Jun 22, 2022$697,827,971
BMO 2022-C3
Tech Giant
2022Sep 14, 2022$720,358,878
BMO 2023-C7
Data Center
2023Dec 22, 2023$732,077,838
BMO 2024-5C4
Cloud and SaaS
2024Apr 19, 2024$861,228,733
BMO 2024-5C5
Cloud and SaaS
2024Jul 25, 2024$1,014,656,197
BMO 2024-5C6
Tech Giant
2024Sep 5, 2024$674,830,697
BMO 2024-5C7
Software Leaders
2024Oct 11, 2024$959,196,452
BMO 2024-C9
Cloud and SaaS
Tech Giant
2024Jun 24, 2024$941,823,402
BMO 2025-5C10
Cloud and SaaS
2025Jun 16, 2025$627,906,014
BMO 2025-5C12
Tech Giant
2025Sep 15, 2025$638,120,911
BMO 2025-5C9
Software Leaders
2025Mar 13, 2025$681,500,489
BMO 2025-C11
Tech Giant
2025Feb 10, 2025$904,103,866
BMO 2025-C13
Tech Giant
2025Sep 22, 2025$814,039,776
CD 2017-CD3
Tech Giant
Data Center
2017Feb 14, 2017$981,837,059
CD 2017-CD4
Tech Giant
2017May 12, 2017$687,467,529
CD 2017-CD6
Tech Giant
2017Nov 30, 2017$792,414,302
CD 2019-CD8
Tech Giant
2019Aug 22, 2019$778,606,627
CF 2019-CF1
Tech Giant
2019Apr 11, 2019$733,741,902
CFCRE 2016-C6
Data Center
2016N/AN/A
CFCRE 2016-C7
Tech Giant
2016Nov 30, 2016$566,851,721
CFCRE 2017-C8
Tech Giant
2017May 8, 2017$493,423,951
CGCMT 2016-GC36
Data Center
2016N/AN/A
CGCMT 2017-P7
Tech Giant
2017Apr 13, 2017$784,452,440
CGCMT 2018-C6
Tech Giant
2018Nov 13, 2018$649,721,191
CGCMT 2019-C7
Cloud and SaaS
2019Dec 6, 2019$1,159,390,484
CGCMT 2019-GC41
Tech Giant
Data Center
2019Aug 20, 2019$1,172,221,355
CGCMT 2020-GC46
Cloud and SaaS
Tech Giant
2020Feb 7, 2020$1,135,655,784
CGCMT 2022-GC48
Data Center
2022Jun 1, 2022$630,011,254
COMM 2018-COR3
Tech Giant
2018May 1, 2018$972,974,562
CSAIL 2017-C8
Chip Manufacturers
Data Center
Tech Giant
2017Jun 15, 2017$655,075,961
CSAIL 2017-CX10
Software Leaders
Tech Giant
2017Jan 2, 2018$699,853,749
CSAIL 2018-C14
Data Center
2018Nov 13, 2018$636,321,385
CSAIL 2018-CX11
Data Center
Tech Giant
2018Mar 22, 2018$706,922,121
CSAIL 2019-C15
Data Center
2019Feb 15, 2019$738,807,196
CSAIL 2019-C16
Data Center
2019Jun 11, 2019$739,669,227
CSAIL 2019-C18
Tech Giant
2019Nov 13, 2019$600,407,527
DBGS 2018-C1
Tech Giant
2018Oct 30, 2018$944,250,288
DBJPM 2017-C6
Tech Giant
2017Jun 7, 2017$753,362,921
DBJPM 2020-C9
Tech Giant
2020Aug 17, 2020$511,745,644
FIVE 2023-V1
Software Leaders
2023Feb 6, 2023$620,581,461
GSMS 2012-GCJ7
Data Center
2012N/AN/A
GSMS 2017-GS7
Tech Giant
2017Aug 24, 2017$985,985,115
GSMS 2018-GS9
Tech Giant
2018Mar 29, 2018$819,710,417
GSMS 2019-GC39
Tech Giant
Data Center
2019May 6, 2019$632,268,994
GSMS 2019-GC40
Tech Giant
2019Jun 20, 2019$713,109,176
GSMS 2019-GC42
Tech Giant
Data Center
2019Sep 10, 2019$961,524,438
GSMS 2020-GC47
Tech Giant
2020May 4, 2020$766,361,013
JPMBB 2014-C25
Data Center
2014N/AN/A
JPMBB 2016-C1
Data Center
2016N/AN/A
JPMCC 2016-JP2
Data Center
2016N/AN/A
JPMCC 2016-JP3
Data Center
2016N/AN/A
JPMCC 2016-JP4
Tech Giant
Cloud and SaaS
2016Dec 21, 2016$779,426,625
JPMCC 2017-JP5
Tech Giant
2017Mar 1, 2017$750,316,180
JPMCC 2017-JP6
Tech Giant
2017May 19, 2017$552,385,113
JPMCC 2017-JP7
Chip Manufacturers
Data Center
Tech Giant
2017Jul 14, 2017$587,301,757
JPMDB 2017-C5
Tech Giant
2017Mar 13, 2017$746,705,979
JPMDB 2017-C7
Tech Giant
2017Oct 31, 2017$883,025,595
JPMDB 2018-C8
Chip Manufacturers
2018May 18, 2018$512,539,051
JPMDB 2019-COR6
Tech Giant
2019Nov 7, 2019$765,872,194
JPMDB 2020-COR7
Tech Giant
2020Jun 23, 2020$631,940,813
MSBAM 2016-C32
Software Leaders
2016Nov 29, 2016$804,158,941
MSBAM 2025-5C2
Tech Giant
2025Oct 21, 2025$713,549,500
MSC 2017-HR2
Tech Giant
Software Leaders
2017Dec 6, 2017$793,335,402
MSC 2018-H3
Tech Giant
2018Jun 18, 2018$760,115,327
MSC 2018-H4
Tech Giant
2018Dec 26, 2018$716,291,397
MSC 2018-L1
Tech Giant
2018Oct 4, 2018$792,255,354
MSC 2019-L2
Data Center
2019Feb 20, 2019$862,197,714
MSC 2019-L3
Tech Giant
2019Nov 4, 2019$961,121,525
MSC 2020-HR8
Tech Giant
2020Jul 20, 2020$630,183,613
MSC 2022-L8
Tech Giant
2022Mar 18, 2022$678,040,187
MSWF 2023-2
Data Center
2023Dec 4, 2023$897,641,665
UBSCM 2017-C1
Tech Giant
2017May 22, 2017$641,491,234
UBSCM 2017-C5
Tech Giant
2017Oct 27, 2017$486,309,528
UBSCM 2018-C11
Tech Giant
Data Center
2018Jun 18, 2018$598,000,909
UBSCM 2019-C16
Tech Giant
2019Mar 20, 2019$577,121,746
UBSCM 2019-C17
Tech Giant
Data Center
2019Sep 20, 2019$752,389,481
UBSCM 2019-C18
Tech Giant
2019Dec 4, 2019$693,365,154
WFCM 2014-LC18
Data Center
2014N/AN/A
WFCM 2017-C38
Chip Manufacturers
Tech Giant
2017Jun 21, 2017$961,268,487
WFCM 2017-C42
Tech Giant
2017Dec 6, 2017$636,904,493
WFCM 2017-RB1
Data Center
Tech Giant
2017Mar 15, 2017$514,492,949
WFCM 2017-RC1
Data Center
2017Feb 22, 2017$421,475,058
WFCM 2018-C43
Tech Giant
2018Mar 6, 2018$605,812,357
WFCM 2018-C44
Tech Giant
2018May 17, 2018$680,917,731
WFCM 2018-C45
Tech Giant
2018Jun 20, 2018$580,890,647
WFCM 2018-C46
Tech Giant
2018Aug 7, 2018$537,940,265
WFCM 2018-C48
Data Center
2018Dec 20, 2018$719,848,516
WFCM 2019-C51
Tech Giant
2019Jun 17, 2019$637,909,647
WFCM 2019-C52
Tech Giant
2019Aug 20, 2019$759,487,979
WFCM 2019-C53
Tech Giant
Data Center
2019Oct 15, 2019$621,693,317
WFCM 2019-C54
Data Center
2019Dec 3, 2019$618,745,899
WFCM 2020-C58
Tech Giant
2020Nov 30, 2020$654,593,400
WFCM 2021-C59
Tech Giant
Data Center
2021Apr 19, 2021$803,514,129
WFCM 2021-C60
Data Center
2021Jul 12, 2021$722,968,091
WFCM 2022-C62
Tech Giant
2022Mar 28, 2022$521,637,736
WFCM 2024-5C1
Software Leaders
2024Jul 8, 2024$727,557,581
WFCM 2024-5C2
Tech Giant
2024Nov 12, 2024$719,169,259
WFRBS 2014-C21
Data Center
2014N/AN/A
WFRBS 2014-C25
Data Center
2014N/AN/A
* AI exposure categories are based on tenant analysis from deal documentation.
* Data sourced from Edgar SEC.gov and deal prospectuses.
* For full disclosures, please visit our disclosures page.

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