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 228 unique deals across 5 categories of AI exposure.
Total AI-Exposed Deals280
Unique AI-Exposed Deals228
AI Exposure Categories5
Largest CategoryTech Giant (158 deals)
Smallest CategoryCloud and SaaS (8 deals)
Average Deals per Category56
Last UpdatedAug 13, 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 228 of 228 deals
Deal NameAI Exposure CategoriesVintageIssuance DateCurrent Balance
BACM 2017-BNK3
Tech Giant
2017Jan 26, 2017$815,082,143
BANK 2017-BNK4
Tech Giant
2017Mar 29, 2017$832,923,314
BANK 2017-BNK6
Tech Giant
Chip Manufacturers
2017Jul 10, 2017$688,337,264
BANK 2017-BNK7
Data Center
Tech Giant
2017Sep 13, 2017$1,044,657,844
BANK 2018-BNK10
Tech Giant
2018Jan 23, 2018$1,193,045,593
BANK 2018-BNK11
Tech Giant
2018Apr 5, 2018$640,459,106
BANK 2018-BNK12
Tech Giant
2018May 10, 2018$804,903,820
BANK 2018-BNK13
Tech Giant
2018Jul 18, 2018$696,433,207
BANK 2018-BNK14
Data Center
2018Sep 13, 2018$1,212,846,876
BANK 2018-BNK15
Data Center
2018Nov 7, 2018$26,759,409
BANK 2019-BNK16
Data Center
2019Jan 29, 2019$874,400,736
BANK 2019-BNK19
Software Leaders
Tech Giant
2019Jul 17, 2019$1,218,359,409
BANK 2019-BNK20
Tech Giant
2019Sep 10, 2019$1,121,210,689
BANK 2019-BNK21
Tech Giant
Data Center
2019Sep 24, 2019$1,076,389,612
BANK 2019-BNK23
Tech Giant
2019Nov 18, 2019$1,261,113,208
BANK 2019-BNK24
Tech Giant
2019Dec 5, 2019$1,193,037,654
BANK 2020-BNK25
Data Center
Tech Giant
2020Jan 22, 2020$1,556,073,699
BANK 2020-BNK27
Tech Giant
2020Jun 15, 2020$614,163,398
BANK 2020-BNK28
Tech Giant
2020Sep 30, 2020$695,108,962
BANK 2020-BNK30
Tech Giant
2020Dec 8, 2020$860,264,450
BANK 2021-BNK31
Tech Giant
2021Jan 25, 2021$871,331,253
BANK 2021-BNK32
Data Center
Tech Giant
2021Mar 10, 2021$864,532,251
BANK 2021-BNK33
Data Center
2021May 4, 2021$936,130,741
BANK 2021-BNK34
Tech Giant
Data Center
2021Jun 9, 2021$956,259,936
BANK 2021-BNK36
Tech Giant
2021Oct 7, 2021$1,140,786,913
BANK 2021-BNK38
Tech Giant
2021Dec 7, 2021$661,558,588
BANK 2022-BNK40
Tech Giant
2022Feb 22, 2022$1,052,044,017
BANK 2022-BNK41
Tech Giant
Data Center
2022Apr 18, 2022$1,158,735,285
BANK 2022-BNK43
Software Leaders
2022Aug 2, 2022$1,075,806,308
BANK 2022-BNK44
Data Center
2022Nov 3, 2022$1,004,684,814
BANK 2023-BNK46
Data Center
2023Jul 28, 2023$718,634,408
BANK 2024-BNK47
Cloud and SaaS
Data Center
2024Jun 13, 2024$1,091,024,697
BANK5 2023-5YR4
Chip Manufacturers
2023Nov 27, 2023$674,123,334
BANK5 2024-5YR10
Tech Giant
2024Sep 26, 2024$834,846,836
BANK5 2024-5YR5
Chip Manufacturers
2024Jan 25, 2024$468,600,000
BANK5 2024-5YR9
Tech Giant
2024Aug 14, 2024$906,580,369
BANK5 2025-5YR16
Tech Giant
2025Aug 13, 2025$655,141,811
BANK5 2025-5YR18
Tech Giant
Software Leaders
2025Nov 13, 2025$708,900,472
BANK5 2026-5YR22
Tech Giant
2026May 15, 2026$852,225,453
BANK5 2026-5YR23
Software Leaders
Chip Manufacturers
Tech Giant
2026Jun 22, 2026$1,174,288,991
BBCMS 2017-C1
Data Center
Tech Giant
2017Feb 10, 2017$662,738,069
BBCMS 2018-C2
Tech Giant
2018Nov 20, 2018$828,939,589
BBCMS 2019-C3
Data Center
2019Jun 10, 2019$875,957,136
BBCMS 2019-C4
Tech Giant
2019Aug 5, 2019$830,447,640
BBCMS 2019-C5
Tech Giant
Data Center
2019Oct 30, 2019$861,747,442
BBCMS 2020-C6
Data Center
2020Jan 27, 2020$855,384,127
BBCMS 2020-C7
Tech Giant
2020Jun 9, 2020$762,543,365
BBCMS 2020-C8
Tech Giant
2020Oct 6, 2020$666,508,850
BBCMS 2021-C12
Data Center
2021Nov 8, 2021$1,040,963,866
BBCMS 2022-C14
Tech Giant
2022Jan 25, 2022$888,993,076
BBCMS 2022-C15
Tech Giant
2022Mar 18, 2022$1,015,750,693
BBCMS 2022-C16
Tech Giant
2022Jun 1, 2022$1,070,373,301
BBCMS 2022-C17
Tech Giant
2022Aug 11, 2022$898,577,465
BBCMS 2022-C18
Data Center
Tech Giant
2022Nov 15, 2022$786,218,551
BBCMS 2023-C19
Data Center
Tech Giant
2023Apr 5, 2023$782,267,815
BBCMS 2023-C20
Data Center
Tech Giant
Cloud and SaaS
2023Jun 15, 2023$816,366,210
BBCMS 2023-C22
Data Center
2023Oct 16, 2023$671,784,378
BBCMS 2024-5C25
Software Leaders
2024Mar 12, 2024$886,190,901
BBCMS 2024-5C31
Tech Giant
2024Nov 29, 2024$872,283,747
BBCMS 2025-5C33
Data Center
2025Feb 25, 2025$891,426,704
BBCMS 2025-5C36
Tech Giant
2025Jul 15, 2025$613,085,518
BBCMS 2025-5C37
Tech Giant
2025Sep 2, 2025$741,294,357
BBCMS 2025-C32
Tech Giant
2025Jan 28, 2025$992,472,942
BBCMS 2025-C35
Tech Giant
2025Jul 7, 2025$793,920,734
BBCMS 2025-C39
Tech Giant
2025Dec 3, 2025$805,220,918
BBCMS 2026-5C40
Software Leaders
Tech Giant
2026Jan 16, 2026$833,914,137
BBCMS 2026-5C41
Tech Giant
2026Apr 27, 2026$533,521,145
BMARK 2018-B2
Tech Giant
2018Feb 6, 2018$1,056,911,201
BMARK 2018-B4
Chip Manufacturers
Tech Giant
2018Jun 22, 2018$988,124,876
BMARK 2018-B5
Tech Giant
2018Jul 24, 2018$925,862,323
BMARK 2018-B6
Tech Giant
Data Center
2018Sep 17, 2018$1,021,584,694
BMARK 2018-B7
Tech Giant
2018Nov 28, 2018$1,061,974,708
BMARK 2018-B8
Tech Giant
2018Dec 4, 2018$934,035,295
BMARK 2019-B11
Tech Giant
2019May 16, 2019$924,485,940
BMARK 2019-B14
Tech Giant
2019Nov 14, 2019$1,148,308,271
BMARK 2019-B15
Data Center
Tech Giant
2019Nov 20, 2019$789,909,309
BMARK 2019-B9
Data Center
2019Jan 28, 2019$801,353,176
BMARK 2020-B17
Tech Giant
2020Feb 27, 2020$793,790,221
BMARK 2020-B18
Tech Giant
2020Jul 20, 2020$701,776,832
BMARK 2020-B19
Tech Giant
2020Sep 30, 2020$898,816,684
BMARK 2020-B20
Software Leaders
Tech Giant
2020Oct 30, 2020$770,853,791
BMARK 2020-B21
Data Center
Tech Giant
2020Nov 17, 2020$1,026,879,028
BMARK 2020-B22
Tech Giant
2020Dec 15, 2020$798,827,428
BMARK 2021-B23
Software Leaders
Data Center
Tech Giant
2021Jan 26, 2021$1,481,151,524
BMARK 2021-B24
Data Center
Software Leaders
Tech Giant
2021Mar 1, 2021$1,086,402,625
BMARK 2021-B25
Tech Giant
Data Center
2021Apr 12, 2021$1,163,190,900
BMARK 2021-B26
Cloud and SaaS
Software Leaders
Tech Giant
2021May 10, 2021$934,893,421
BMARK 2021-B27
Tech Giant
2021Jul 14, 2021$1,048,328,677
BMARK 2021-B28
Tech Giant
2021Jul 28, 2021$1,309,227,847
BMARK 2021-B30
Tech Giant
2021Oct 25, 2021$935,133,823
BMARK 2021-B31
Tech Giant
2021Dec 3, 2021$1,477,445,793
BMARK 2022-B32
Tech Giant
Data Center
2022Jan 24, 2022$1,756,136,168
BMARK 2022-B34
Tech Giant
Data Center
2022Mar 24, 2022$893,772,566
BMARK 2022-B35
Tech Giant
Data Center
2022Apr 25, 2022$1,114,893,722
BMARK 2023-V4
Data Center
2023Nov 14, 2023$626,229,317
BMARK 2024-V10
Tech Giant
2024Sep 16, 2024$737,892,207
BMARK 2024-V12
Tech Giant
2024Dec 12, 2024$752,125,839
BMARK 2024-V8
Software Leaders
2024Jun 24, 2024$1,003,808,049
BMARK 2025-B41
Tech Giant
2025Aug 19, 2025$629,847,748
BMARK 2025-V13
Data Center
2025Feb 4, 2025$767,380,000
BMARK 2025-V14
Data Center
2025Mar 17, 2025$938,758,832
BMARK 2025-V15
Cloud and SaaS
2025May 23, 2025$732,617,651
BMARK 2025-V16
Tech Giant
2025Jul 17, 2025$815,082,143
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$886,460,348
BMARK 2026-V22
Tech Giant
2026May 4, 2026$750,072,618
BMO 2022-C2
Tech Giant
2022Jun 22, 2022$697,243,368
BMO 2022-C3
Tech Giant
2022Sep 14, 2022$717,071,128
BMO 2023-C7
Data Center
2023Dec 22, 2023$731,829,203
BMO 2024-5C6
Tech Giant
2024Sep 5, 2024$674,745,443
BMO 2024-5C7
Software Leaders
2024Oct 11, 2024$959,107,806
BMO 2024-C8
Data Center
2024Mar 11, 2024$624,657,523
BMO 2025-5C10
Cloud and SaaS
2025Jun 16, 2025$627,878,793
BMO 2025-5C12
Tech Giant
2025Sep 15, 2025$638,052,934
BMO 2025-5C9
Software Leaders
2025Mar 13, 2025$681,421,274
BMO 2025-C11
Tech Giant
2025Feb 10, 2025$903,226,549
BMO 2025-C13
Tech Giant
2025Sep 22, 2025$813,917,636
BMO 2026-5C15
Tech Giant
2026Jun 8, 2026$626,127,305
BMO 2026-5C16
Tech Giant
2026Aug 4, 2026$773,506,004
BMO 2026-C15
Tech Giant
2026Aug 10, 2026$722,839,427
CD 2017-CD3
Tech Giant
Data Center
2017Feb 14, 2017$972,709,428
CD 2017-CD4
Tech Giant
2017May 12, 2017$668,007,167
CD 2017-CD6
Tech Giant
2017Nov 30, 2017$778,895,340
CD 2019-CD8
Tech Giant
2019Aug 22, 2019$777,515,374
CF 2019-CF1
Tech Giant
2019Apr 11, 2019$732,386,260
CFCRE 2016-C6
Data Center
2016N/AN/A
CFCRE 2016-C7
Tech Giant
2016Nov 30, 2016$553,914,148
CFCRE 2017-C8
Tech Giant
2017May 8, 2017$477,772,304
CGCMT 2016-GC36
Data Center
2016N/AN/A
CGCMT 2017-P7
Tech Giant
2017Apr 13, 2017$768,914,636
CGCMT 2018-C6
Tech Giant
2018Nov 13, 2018$647,819,691
CGCMT 2019-C7
Cloud and SaaS
2019Dec 6, 2019$1,153,826,350
CGCMT 2019-GC41
Tech Giant
Data Center
2019Aug 20, 2019$1,170,835,864
CGCMT 2020-GC46
Cloud and SaaS
Tech Giant
2020Feb 7, 2020$1,132,962,172
CGCMT 2022-GC48
Data Center
2022Jun 1, 2022$617,185,730
COMM 2012-CCRE1
Data Center
2012N/AN/A
COMM 2012-CCRE2
Data Center
2012N/AN/A
COMM 2012-CCRE4
Data Center
2012N/AN/A
COMM 2012-CCRE5
Data Center
2012N/AN/A
COMM 2013-CCRE7
Data Center
2013N/AN/A
COMM 2014-CCRE16
Data Center
2014N/AN/A
COMM 2014-LC15
Data Center
2014N/AN/A
COMM 2015-CCRE26
Data Center
2015N/AN/A
COMM 2015-CCRE27
Data Center
2015N/AN/A
COMM 2018-COR3
Tech Giant
2018May 1, 2018$971,661,797
CSAIL 2017-C8
Tech Giant
Chip Manufacturers
Data Center
2017Jun 15, 2017$652,944,645
CSAIL 2017-CX10
Tech Giant
2017Jan 2, 2018$660,773,625
CSAIL 2018-C14
Data Center
2018Nov 13, 2018$634,245,679
CSAIL 2018-CX11
Data Center
Tech Giant
2018Mar 22, 2018$687,740,034
CSAIL 2019-C15
Data Center
2019Feb 15, 2019$736,553,866
CSAIL 2019-C16
Data Center
2019Jun 11, 2019$737,418,868
CSAIL 2019-C18
Tech Giant
2019Nov 13, 2019$597,791,373
DBGS 2018-C1
Tech Giant
2018Oct 30, 2018$941,972,548
DBJPM 2017-C6
Tech Giant
2017Jun 7, 2017$739,875,908
DBJPM 2020-C9
Tech Giant
2020Aug 17, 2020$478,034,189
FIVE 2023-V1
Software Leaders
2023Feb 6, 2023$620,133,097
GSMS 2012-GC6
Data Center
2012N/AN/A
GSMS 2012-GCJ7
Data Center
2012N/AN/A
GSMS 2013-GCJ12
Data Center
2013N/AN/A
GSMS 2014-GC20
Data Center
2014N/AN/A
GSMS 2017-GS7
Tech Giant
2017Aug 24, 2017$983,857,433
GSMS 2018-GS9
Tech Giant
2018Mar 29, 2018$817,391,056
GSMS 2019-GC39
Tech Giant
Data Center
2019May 6, 2019$630,676,712
GSMS 2019-GC40
Tech Giant
2019Jun 20, 2019$711,383,173
GSMS 2019-GC42
Data Center
Tech Giant
2019Sep 10, 2019$959,344,212
GSMS 2020-GC47
Tech Giant
2020May 4, 2020$765,705,858
JPMBB 2014-C18
Data Center
2014N/AN/A
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
Cloud and SaaS
Tech Giant
2016Dec 21, 2016$693,432,604
JPMCC 2017-JP5
Tech Giant
2017Mar 1, 2017$746,929,939
JPMCC 2017-JP6
Tech Giant
2017May 19, 2017$549,556,585
JPMCC 2017-JP7
Chip Manufacturers
Data Center
Tech Giant
2017Jul 14, 2017$577,358,714
JPMDB 2017-C5
Tech Giant
2017Mar 13, 2017$666,950,228
JPMDB 2017-C7
Tech Giant
2017Oct 31, 2017$865,132,124
JPMDB 2018-C8
Chip Manufacturers
2018May 18, 2018$510,027,034
JPMDB 2019-COR6
Tech Giant
2019Nov 7, 2019$764,685,785
JPMDB 2020-COR7
Tech Giant
2020Jun 23, 2020$606,074,937
MSBAM 2014-C14
Data Center
2014N/AN/A
MSBAM 2014-C19
Data Center
2014N/AN/A
MSBAM 2015-C22
Data Center
2015N/AN/A
MSBAM 2016-C32
Software Leaders
2016Nov 29, 2016$767,518,815
MSBAM 2025-5C2
Tech Giant
2025Oct 21, 2025$713,549,500
MSC 2017-HR2
Tech Giant
Software Leaders
2017Dec 6, 2017$791,376,342
MSC 2018-H3
Tech Giant
2018Jun 18, 2018$733,788,253
MSC 2018-H4
Tech Giant
2018Dec 26, 2018$701,347,284
MSC 2018-L1
Tech Giant
2018Oct 4, 2018$767,979,166
MSC 2019-H6
Tech Giant
2019May 29, 2019$595,803,795
MSC 2019-L2
Data Center
2019Feb 20, 2019$860,443,684
MSC 2019-L3
Tech Giant
2019Nov 4, 2019$959,426,143
MSC 2020-HR8
Tech Giant
2020Jul 20, 2020$629,390,245
MSC 2022-L8
Tech Giant
2022Mar 18, 2022$677,264,510
MSWF 2023-2
Data Center
2023Dec 4, 2023$897,399,822
UBSCM 2017-C1
Tech Giant
2017May 22, 2017$637,609,937
UBSCM 2017-C5
Tech Giant
2017Oct 27, 2017$469,956,602
UBSCM 2018-C11
Data Center
Tech Giant
2018Jun 18, 2018$586,479,223
UBSCM 2019-C17
Tech Giant
Data Center
2019Sep 20, 2019$748,839,580
UBSCM 2019-C18
Tech Giant
2019Dec 4, 2019$690,469,481
WFCM 2012-LC5
Data Center
2012N/AN/A
WFCM 2014-LC18
Data Center
2014N/AN/A
WFCM 2015-C30
Data Center
2015N/AN/A
WFCM 2017-C38
Chip Manufacturers
Tech Giant
2017Jun 21, 2017$917,938,417
WFCM 2017-C42
Tech Giant
2017Dec 6, 2017$632,503,211
WFCM 2017-RB1
Data Center
Tech Giant
2017Mar 15, 2017$498,366,091
WFCM 2017-RC1
Data Center
2017Feb 22, 2017$419,249,601
WFCM 2018-C43
Tech Giant
2018Mar 6, 2018$603,072,387
WFCM 2018-C44
Tech Giant
2018May 17, 2018$678,158,325
WFCM 2018-C45
Tech Giant
2018Jun 20, 2018$578,073,177
WFCM 2018-C46
Tech Giant
2018Aug 7, 2018$535,680,694
WFCM 2018-C47
Tech Giant
2018Oct 2, 2018$862,552,789
WFCM 2018-C48
Data Center
2018Dec 20, 2018$717,279,056
WFCM 2019-C51
Tech Giant
2019Jun 17, 2019$635,909,248
WFCM 2019-C52
Tech Giant
2019Aug 20, 2019$727,561,375
WFCM 2019-C53
Tech Giant
Data Center
2019Oct 15, 2019$619,058,706
WFCM 2019-C54
Data Center
2019Dec 3, 2019$610,273,935
WFCM 2020-C58
Tech Giant
2020Nov 30, 2020$646,204,204
WFCM 2021-C59
Data Center
Tech Giant
2021Apr 19, 2021$795,466,148
WFCM 2021-C60
Data Center
2021Jul 12, 2021$676,735,333
WFCM 2022-C62
Tech Giant
2022Mar 28, 2022$521,182,914
WFCM 2024-5C1
Software Leaders
2024Jul 8, 2024$726,927,189
WFCM 2024-5C2
Tech Giant
2024Nov 12, 2024$718,957,902
WFCM 2026-5C10
Tech Giant
2026Jun 10, 2026$546,183,421
WFCM 2026-5C9
Tech Giant
2026May 12, 2026$619,768,966
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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