DealChartsby CMD+RVL

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

This page lists the CMBS deals whose collateral pools include data centers or whose tenants include names recognized as leaders in the AI industry — tech giants, cloud and SaaS providers, software leaders, and chip manufacturers. It is read from tenant and collateral disclosure in deal documents and SEC filings using a metadata-first approach: it surfaces what the filings show, tied back to each deal. It is a starting map for exploration, not a risk score, a rating, or an exhaustive list.

Every deal below links to its own page — collateral, servicer, party list, and the SEC filings behind it. To check a specific fund or CUSIP against this CMBS coverage index (and pull it as JSON), use the AI & Data-Center Exposure Tool; for the theme definitions and the machine-readable endpoint, see the exposure hub.

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 206 unique deals across 5 categories of AI exposure.
Total AI-Exposed Deals259
Unique AI-Exposed Deals206
AI Exposure Categories5
Largest CategoryTech Giant (154 deals)
Smallest CategoryCloud and SaaS (8 deals)
Average Deals per Category52
Last UpdatedJul 9, 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:
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Showing 206 of 206 deals
Deal NameAI Exposure CategoriesVintageIssuance DateCurrent Balance
BACM 2017-BNK3
Tech Giant
2017Jan 26, 2017$815,729,802
BANK 2017-BNK4
Tech Giant
2017Mar 29, 2017$833,902,255
BANK 2017-BNK6
Tech Giant
Chip Manufacturers
2017Jul 10, 2017$719,212,487
BANK 2017-BNK7
Data Center
Tech Giant
2017Sep 13, 2017$1,045,616,866
BANK 2018-BNK10
Tech Giant
2018Jan 23, 2018$1,194,108,730
BANK 2018-BNK11
Tech Giant
2018Apr 5, 2018$642,746,787
BANK 2018-BNK12
Tech Giant
2018May 10, 2018$805,712,162
BANK 2018-BNK13
Tech Giant
2018Jul 18, 2018$696,895,804
BANK 2018-BNK14
Data Center
2018Sep 13, 2018$1,212,939,171
BANK 2018-BNK15
Tech Giant
Data Center
2018Nov 7, 2018$930,222,389
BANK 2019-BNK16
Data Center
2019Jan 29, 2019$875,165,060
BANK 2019-BNK19
Software Leaders
Tech Giant
2019Jul 17, 2019$1,219,213,573
BANK 2019-BNK20
Tech Giant
2019Sep 10, 2019$1,122,066,699
BANK 2019-BNK21
Data Center
Tech Giant
2019Sep 24, 2019$1,076,945,636
BANK 2019-BNK23
Tech Giant
2019Nov 18, 2019$1,261,625,787
BANK 2019-BNK24
Tech Giant
2019Dec 5, 2019$1,193,572,413
BANK 2020-BNK25
Data Center
Tech Giant
2020Jan 22, 2020$1,556,510,661
BANK 2020-BNK27
Tech Giant
2020Jun 15, 2020$614,246,122
BANK 2020-BNK28
Tech Giant
2020Sep 30, 2020$695,501,203
BANK 2020-BNK30
Tech Giant
2020Dec 8, 2020$860,938,898
BANK 2021-BNK31
Tech Giant
2021Jan 25, 2021$871,919,872
BANK 2021-BNK32
Tech Giant
Data Center
2021Mar 10, 2021$864,860,117
BANK 2021-BNK33
Data Center
2021May 4, 2021$936,508,595
BANK 2021-BNK34
Tech Giant
Data Center
2021Jun 9, 2021$956,324,979
BANK 2021-BNK36
Tech Giant
2021Oct 7, 2021$1,207,623,341
BANK 2021-BNK38
Tech Giant
2021Dec 7, 2021$661,587,530
BANK 2022-BNK41
Data Center
2022Apr 18, 2022$1,266,549,309
BANK 2022-BNK43
Software Leaders
2022Aug 2, 2022$1,076,151,467
BANK 2022-BNK44
Data Center
2022Nov 3, 2022$1,016,005,867
BANK 2023-BNK46
Data Center
2023Jul 28, 2023$718,723,829
BANK 2024-BNK47
Data Center
Cloud and SaaS
2024Jun 13, 2024$1,079,906,597
BANK5 2023-5YR4
Chip Manufacturers
2023Nov 27, 2023$674,123,334
BANK5 2024-5YR10
Tech Giant
2024Sep 26, 2024$835,006,129
BANK5 2024-5YR5
Chip Manufacturers
2024Jan 25, 2024$468,600,000
BANK5 2024-5YR9
Tech Giant
2024Aug 14, 2024$906,749,499
BANK5 2025-5YR16
Tech Giant
2025Aug 13, 2025$655,230,156
BANK5 2025-5YR18
Software Leaders
Tech Giant
2025Nov 13, 2025$709,048,371
BANK5 2026-5YR22
Tech Giant
2026May 15, 2026$852,241,292
BANK5 2026-5YR23
Tech Giant
Chip Manufacturers
Software Leaders
2026Jun 22, 2026$1,174,288,991
BBCMS 2017-C1
Tech Giant
Data Center
2017Feb 10, 2017$684,334,091
BBCMS 2018-C2
Tech Giant
2018Nov 20, 2018$829,752,076
BBCMS 2019-C3
Data Center
2019Jun 10, 2019$876,628,615
BBCMS 2019-C4
Tech Giant
2019Aug 5, 2019$831,108,749
BBCMS 2019-C5
Data Center
Tech Giant
2019Oct 30, 2019$862,422,710
BBCMS 2020-C6
Data Center
2020Jan 27, 2020$855,816,894
BBCMS 2020-C7
Tech Giant
2020Jun 9, 2020$762,946,242
BBCMS 2020-C8
Tech Giant
2020Oct 6, 2020$667,076,804
BBCMS 2021-C12
Data Center
2021Nov 8, 2021$1,047,790,967
BBCMS 2022-C14
Tech Giant
2022Jan 25, 2022$894,711,952
BBCMS 2022-C15
Tech Giant
2022Mar 18, 2022$1,016,064,099
BBCMS 2022-C16
Tech Giant
2022Jun 1, 2022$1,070,719,050
BBCMS 2022-C17
Tech Giant
2022Aug 11, 2022$898,787,275
BBCMS 2022-C18
Data Center
Tech Giant
2022Nov 15, 2022$786,482,257
BBCMS 2023-C19
Data Center
Tech Giant
2023Apr 5, 2023$782,387,588
BBCMS 2023-C20
Data Center
Tech Giant
Cloud and SaaS
2023Jun 15, 2023$816,454,052
BBCMS 2023-C22
Data Center
2023Oct 16, 2023$686,310,340
BBCMS 2024-5C25
Software Leaders
2024Mar 12, 2024$886,205,836
BBCMS 2024-5C31
Tech Giant
2024Nov 29, 2024$872,296,444
BBCMS 2025-5C33
Data Center
2025Feb 25, 2025$891,491,524
BBCMS 2025-5C36
Tech Giant
2025Jul 15, 2025$613,124,149
BBCMS 2025-5C37
Tech Giant
2025Sep 2, 2025$741,318,937
BBCMS 2025-C32
Tech Giant
2025Jan 28, 2025$992,574,901
BBCMS 2025-C35
Tech Giant
2025Jul 7, 2025$794,050,095
BBCMS 2025-C39
Tech Giant
2025Dec 3, 2025$805,430,658
BBCMS 2026-5C40
Software Leaders
Tech Giant
2026Jan 16, 2026$834,008,368
BBCMS 2026-5C41
Tech Giant
2026Apr 27, 2026$533,584,271
BMARK 2018-B2
Tech Giant
2018Feb 6, 2018$1,058,025,763
BMARK 2018-B4
Tech Giant
Chip Manufacturers
2018Jun 22, 2018$988,912,715
BMARK 2018-B5
Tech Giant
2018Jul 24, 2018$926,567,198
BMARK 2018-B6
Data Center
Tech Giant
2018Sep 17, 2018$1,022,385,495
BMARK 2018-B7
Tech Giant
2018Nov 28, 2018$1,062,733,954
BMARK 2018-B8
Tech Giant
2018Dec 4, 2018$934,456,445
BMARK 2019-B11
Tech Giant
2019May 16, 2019$924,817,242
BMARK 2019-B14
Tech Giant
2019Nov 14, 2019$1,148,969,432
BMARK 2019-B15
Tech Giant
Data Center
2019Nov 20, 2019$790,372,848
BMARK 2019-B9
Data Center
2019Jan 28, 2019$802,928,446
BMARK 2020-B17
Tech Giant
2020Feb 27, 2020$794,019,139
BMARK 2020-B18
Tech Giant
2020Jul 20, 2020$747,229,937
BMARK 2020-B19
Tech Giant
2020Sep 30, 2020$954,180,478
BMARK 2020-B20
Software Leaders
Tech Giant
2020Oct 30, 2020$790,324,230
BMARK 2020-B21
Data Center
Tech Giant
2020Nov 17, 2020$1,027,346,434
BMARK 2020-B22
Tech Giant
2020Dec 15, 2020$799,143,484
BMARK 2021-B23
Data Center
Tech Giant
Software Leaders
2021Jan 26, 2021$1,481,547,993
BMARK 2021-B24
Data Center
Tech Giant
Software Leaders
2021Mar 1, 2021$1,086,852,309
BMARK 2021-B25
Tech Giant
Data Center
2021Apr 12, 2021$1,163,806,905
BMARK 2021-B26
Cloud and SaaS
Tech Giant
Software Leaders
2021May 10, 2021$935,051,298
BMARK 2021-B27
Tech Giant
Data Center
2021Jul 14, 2021$1,048,791,816
BMARK 2021-B28
Tech Giant
2021Jul 28, 2021$1,309,968,464
BMARK 2021-B30
Tech Giant
2021Oct 25, 2021$935,459,779
BMARK 2021-B31
Tech Giant
2021Dec 3, 2021$1,477,867,541
BMARK 2022-B32
Tech Giant
Data Center
2022Jan 24, 2022$1,761,950,373
BMARK 2022-B34
Tech Giant
Data Center
2022Mar 24, 2022$894,088,900
BMARK 2022-B35
Data Center
Tech Giant
2022Apr 25, 2022$1,115,075,679
BMARK 2023-V4
Data Center
2023Nov 14, 2023$626,249,053
BMARK 2024-V10
Tech Giant
2024Sep 16, 2024$737,896,523
BMARK 2024-V12
Tech Giant
2024Dec 12, 2024$752,129,984
BMARK 2024-V8
Software Leaders
2024Jun 24, 2024$1,004,080,558
BMARK 2025-B41
Tech Giant
2025Aug 19, 2025$629,974,688
BMARK 2025-V13
Data Center
2025Feb 4, 2025$767,380,000
BMARK 2025-V14
Data Center
2025Mar 17, 2025$938,794,733
BMARK 2025-V15
Cloud and SaaS
2025May 23, 2025$732,671,448
BMARK 2025-V16
Tech Giant
2025Jul 17, 2025$624,564,290
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$886,541,392
BMARK 2026-V22
Tech Giant
2026May 4, 2026$750,118,315
BMO 2022-C2
Tech Giant
2022Jun 22, 2022$697,396,858
BMO 2022-C3
Tech Giant
2022Sep 14, 2022$719,789,922
BMO 2023-C7
Data Center
2023Dec 22, 2023$731,910,884
BMO 2024-5C6
Tech Giant
2024Sep 5, 2024$674,769,507
BMO 2024-5C7
Software Leaders
2024Oct 11, 2024$959,132,570
BMO 2024-C8
Data Center
2024Mar 11, 2024$624,671,995
BMO 2025-5C10
Cloud and SaaS
2025Jun 16, 2025$627,887,053
BMO 2025-5C12
Tech Giant
2025Sep 15, 2025$638,073,052
BMO 2025-5C9
Software Leaders
2025Mar 13, 2025$681,443,172
BMO 2025-C11
Tech Giant
2025Feb 10, 2025$903,462,005
BMO 2025-C13
Tech Giant
2025Sep 22, 2025$813,949,811
BMO 2026-5C15
Tech Giant
2026Jun 8, 2026$626,149,447
CD 2017-CD3
Data Center
Tech Giant
2017Feb 14, 2017$979,178,428
CD 2017-CD4
Tech Giant
2017May 12, 2017$669,050,059
CD 2017-CD6
Tech Giant
2017Nov 30, 2017$779,993,329
CD 2019-CD8
Tech Giant
2019Aug 22, 2019$777,799,622
CF 2019-CF1
Tech Giant
2019Apr 11, 2019$732,742,519
CFCRE 2016-C6
Data Center
2016N/AN/A
CFCRE 2016-C7
Tech Giant
2016Nov 30, 2016$554,390,616
CFCRE 2017-C8
Tech Giant
2017May 8, 2017$491,979,495
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$648,320,116
CGCMT 2019-C7
Cloud and SaaS
2019Dec 6, 2019$1,154,574,915
CGCMT 2019-GC41
Data Center
Tech Giant
2019Aug 20, 2019$1,171,214,030
CGCMT 2020-GC46
Cloud and SaaS
Tech Giant
2020Feb 7, 2020$1,133,659,847
CGCMT 2022-GC48
Data Center
2022Jun 1, 2022$617,273,270
COMM 2018-COR3
Tech Giant
2018May 1, 2018$972,003,537
CSAIL 2017-C8
Chip Manufacturers
Data Center
Tech Giant
2017Jun 15, 2017$653,500,251
CSAIL 2017-CX10
Tech Giant
2017Jan 2, 2018$671,970,986
CSAIL 2018-C14
Data Center
2018Nov 13, 2018$634,788,491
CSAIL 2018-CX11
Tech Giant
Data Center
2018Mar 22, 2018$701,880,559
CSAIL 2019-C15
Data Center
2019Feb 15, 2019$737,180,936
CSAIL 2019-C16
Data Center
2019Jun 11, 2019$738,009,961
CSAIL 2019-C18
Tech Giant
2019Nov 13, 2019$598,469,373
DBGS 2018-C1
Tech Giant
2018Oct 30, 2018$942,567,385
DBJPM 2017-C6
Tech Giant
2017Jun 7, 2017$741,210,509
DBJPM 2020-C9
Tech Giant
2020Aug 17, 2020$510,508,488
FIVE 2023-V1
Software Leaders
2023Feb 6, 2023$620,255,702
GSMS 2012-GCJ7
Data Center
2012N/AN/A
GSMS 2017-GS7
Tech Giant
2017Aug 24, 2017$984,411,710
GSMS 2018-GS9
Tech Giant
2018Mar 29, 2018$817,995,662
GSMS 2019-GC39
Tech Giant
Data Center
2019May 6, 2019$631,092,366
GSMS 2019-GC40
Tech Giant
2019Jun 20, 2019$711,830,467
GSMS 2019-GC42
Data Center
Tech Giant
2019Sep 10, 2019$959,706,179
GSMS 2020-GC47
Tech Giant
2020May 4, 2020$765,876,510
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$709,065,867
JPMCC 2017-JP5
Tech Giant
2017Mar 1, 2017$747,808,280
JPMCC 2017-JP6
Tech Giant
2017May 19, 2017$550,290,859
JPMCC 2017-JP7
Chip Manufacturers
Tech Giant
Data Center
2017Jul 14, 2017$577,944,206
JPMDB 2017-C5
Tech Giant
2017Mar 13, 2017$734,582,009
JPMDB 2017-C7
Tech Giant
2017Oct 31, 2017$874,382,966
JPMDB 2018-C8
Chip Manufacturers
2018May 18, 2018$510,681,105
JPMDB 2019-COR6
Tech Giant
2019Nov 7, 2019$764,993,602
JPMDB 2020-COR7
Tech Giant
2020Jun 23, 2020$630,730,713
MSBAM 2016-C32
Software Leaders
2016Nov 29, 2016$783,669,115
MSBAM 2025-5C2
Tech Giant
2025Oct 21, 2025$713,549,500
MSC 2017-HR2
Tech Giant
Software Leaders
2017Dec 6, 2017$791,884,422
MSC 2018-H3
Tech Giant
2018Jun 18, 2018$734,500,884
MSC 2018-H4
Tech Giant
2018Dec 26, 2018$701,891,141
MSC 2018-L1
Tech Giant
2018Oct 4, 2018$768,641,609
MSC 2019-H6
Tech Giant
2019May 29, 2019$596,303,544
MSC 2019-L2
Data Center
2019Feb 20, 2019$860,905,328
MSC 2019-L3
Tech Giant
2019Nov 4, 2019$959,865,625
MSC 2020-HR8
Tech Giant
2020Jul 20, 2020$629,596,899
MSC 2022-L8
Tech Giant
2022Mar 18, 2022$677,466,116
MSWF 2023-2
Data Center
2023Dec 4, 2023$897,468,217
UBSCM 2017-C1
Tech Giant
2017May 22, 2017$639,558,739
UBSCM 2017-C5
Tech Giant
2017Oct 27, 2017$470,553,179
UBSCM 2018-C11
Data Center
Tech Giant
2018Jun 18, 2018$587,111,191
UBSCM 2019-C17
Tech Giant
Data Center
2019Sep 20, 2019$749,761,617
UBSCM 2019-C18
Tech Giant
2019Dec 4, 2019$691,215,335
WFCM 2014-LC18
Data Center
2014N/AN/A
WFCM 2017-C38
Tech Giant
Chip Manufacturers
2017Jun 21, 2017$952,531,127
WFCM 2017-C42
Tech Giant
2017Dec 6, 2017$633,107,417
WFCM 2017-RB1
Data Center
Tech Giant
2017Mar 15, 2017$498,745,502
WFCM 2017-RC1
Data Center
2017Feb 22, 2017$419,830,259
WFCM 2018-C43
Tech Giant
2018Mar 6, 2018$603,786,187
WFCM 2018-C44
Tech Giant
2018May 17, 2018$678,877,177
WFCM 2018-C45
Tech Giant
2018Jun 20, 2018$578,810,982
WFCM 2018-C46
Tech Giant
2018Aug 7, 2018$536,272,458
WFCM 2018-C48
Data Center
2018Dec 20, 2018$717,954,478
WFCM 2019-C51
Tech Giant
2019Jun 17, 2019$636,431,034
WFCM 2019-C52
Tech Giant
2019Aug 20, 2019$728,390,876
WFCM 2019-C53
Data Center
Tech Giant
2019Oct 15, 2019$619,742,581
WFCM 2019-C54
Data Center
2019Dec 3, 2019$610,655,308
WFCM 2020-C58
Tech Giant
2020Nov 30, 2020$646,787,567
WFCM 2021-C59
Tech Giant
Data Center
2021Apr 19, 2021$796,019,871
WFCM 2021-C60
Data Center
2021Jul 12, 2021$683,943,039
WFCM 2022-C62
Tech Giant
2022Mar 28, 2022$521,301,171
WFCM 2024-5C1
Software Leaders
2024Jul 8, 2024$727,094,661
WFCM 2024-5C2
Tech Giant
2024Nov 12, 2024$719,018,385
WFCM 2026-5C10
Tech Giant
2026Jun 10, 2026$546,254,993
WFCM 2026-5C9
Tech Giant
2026May 12, 2026$619,868,746
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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