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CMBS 2023 Vintage

Sourced from Edgar SEC.gov, data from 26 CMBS Conduit deals issued in 2023.
2026-07-29

Vintage Overview

Overview of CMBS deals issued in 2023, sourced from Edgar SEC.gov. This vintage includes 26 conduit deals with comprehensive data available for analysis and charting.
Vintage Year2023
Total Deals26
Total Issuance$20.5B
Average Deal Size$790M
Date RangeJan 17, 2023 - Dec 22, 2023
Last UpdatedJul 29, 2026
Cross-deal signals

2023 grouped deal signals

As of Jul 31, 2026. 26 of 26 deals include current-balance metrics.
Grouped metrics across the 2023 vintage, computed from current DealCharts deal records and linked back to the shelves and deals behind each figure.
Current balance$19.1B
Metric coverage26 of 26 deals
Grouped byShelf
Latest as-ofJul 31, 2026

Special servicing

$1.03B18 deals, 51 loans, 5% of group current balance.
  1. BMARK 2023-V2$133M, 4 loans, 0.7% of group current balance
  2. BANK5 2023-5YR1$116M, 4 loans, 0.6% of group current balance
  3. BBCMS 2023-C19$115M, 5 loans, 0.6% of group current balance

Delinquency

$875M19 deals, 46 loans, 5% of group current balance.
  1. BMARK 2023-V2$133M, 4 loans, 0.7% of group current balance
  2. BANK5 2023-5YR1$92.3M, 3 loans, 0.5% of group current balance
  3. BMO 2023-C7$88.7M, 4 loans, 0.5% of group current balance

Modified loans

$484M10 deals, 19 modifications, 3% of group current balance.
  1. BMO 2023-C5$109M, 5 modifications, 0.6% of group current balance
  2. BMARK 2023-V2$90.0M, 3 modifications, 0.5% of group current balance
  3. FIVE 2023-V1$64.0M, 1 modifications, 0.3% of group current balance

Updated valuation declines

$327M9 deals, 34 updated valuations, 2% of group current balance.
  1. BMARK 2023-V3$88.1M, 2 updated valuations, 0.5% of group current balance
  2. BMARK 2023-V2$87.6M, 3 updated valuations, 0.5% of group current balance
  3. BBCMS 2023-5C23$67.9M, 4 updated valuations, 0.4% of group current balance

Largest shelf groups

By current balance
BMARK6 deals. $4.47B current balance.
BMO6 deals. $4.29B current balance.
BBCMS5 deals. $3.66B current balance.
BANK54 deals. $3.13B current balance.
MSWF2 deals. $1.56B current balance.
BANK2 deals. $1.37B current balance.

Deals in 2023 Vintage

Explore the complete list of CMBS deals issued in 2023. Use the filters below to search and sort deals by various criteria.
Deal NameDeal SizeIssuance DateLast UpdatedDocuments
BMO 2023-C7$737,605,629Dec 22, 2023Jul 31, 2026
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BMARK 2023-B40$484,426,298Dec 6, 2023Jul 28, 2026
MSWF 2023-2$914,466,875Dec 4, 2023Jul 29, 2026
BANK5 2023-5YR4$744,123,334Nov 27, 2023Jul 29, 2026
BMARK 2023-V4$626,631,233Nov 14, 2023Jul 28, 2026
BBCMS 2023-5C23$721,320,000Nov 13, 2023Jul 28, 2026
BMO 2023-5C2$777,068,583Nov 9, 2023Jul 31, 2026
BBCMS 2023-C22$692,850,834Oct 16, 2023Jul 28, 2026
BBCMS 2023-C21$679,550,000Sep 19, 2023Jul 28, 2026
BANK5 2023-5YR3$886,100,000Sep 12, 2023Jul 27, 2026
BANK5 2023-5YR2$675,170,000Sep 1, 2023Jul 30, 2026
BMO 2023-C6$604,500,000Aug 7, 2023Jul 31, 2026
BANK 2023-BNK46$720,716,667Jul 28, 2023Jul 29, 2026
BMO 2023-5C1$1,594,532,943Jul 24, 2023Jul 31, 2026
BMARK 2023-B39$906,710,000Jul 18, 2023Jul 28, 2026
BMARK 2023-V3$965,142,000Jul 13, 2023Jul 28, 2026
BBCMS 2023-C20$826,642,000Jun 15, 2023Jul 28, 2026
BMARK 2023-V2$860,132,300May 25, 2023Jul 28, 2026
BMO 2023-C5$657,810,000May 18, 2023Jul 31, 2026
MSWF 2023-1$663,980,000May 12, 2023Jul 30, 2026
BBCMS 2023-C19$849,567,001Apr 5, 2023Jul 28, 2026
BMARK 2023-B38$658,166,607Mar 28, 2023Jul 30, 2026
BANK5 2023-5YR1$1,026,124,999Mar 23, 2023Jul 29, 2026
FIVE 2023-V1$765,609,000Feb 6, 2023Jul 22, 2026
BANK 2023-BNK45$705,690,000Feb 6, 2023Jul 27, 2026
BMO 2023-C4$785,414,000Jan 17, 2023Jul 31, 2026
26 of 26 deals* Use toggle buttons to sort

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Shelves with deals in the 2023 vintage:
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