CMBS 2025 Vintage
Sourced from Edgar SEC.gov, data from 43 CMBS Conduit deals issued in 2025.2026-06-30
Vintage Overview
Overview of CMBS deals issued in 2025, sourced from Edgar SEC.gov. This vintage includes 43 conduit deals with comprehensive data available for analysis and charting.Vintage Year2025
Total Deals43
Total Issuance$32.1B
Average Deal Size$746M
Date RangeJan 6, 2025 - Dec 8, 2025
Last UpdatedJun 30, 2026
Cross-deal signals
2025 grouped deal signals
As of Jul 1, 2026. 43 of 43 deals include current-balance metrics.Grouped metrics across the 2025 vintage, computed from current DealCharts deal records and linked back to the shelves and deals behind each figure.
Current balance$32.8B
Metric coverage43 of 43 deals
Grouped byShelf
Latest as-ofJul 1, 2026
Special servicing
$242M8 deals, 9 loans, 0.7% of group current balance.- MSBAM 2025-5C1$62.5M, 1 loans, 0.2% of group current balance
- BBCMS 2025-5C34$46.0M, 1 loans, 0.1% of group current balance
- WFCM 2025-C64$39.7M, 2 loans, 0.1% of group current balance
Delinquency
$257M8 deals, 11 loans, 0.8% of group current balance.- WFCM 2025-C64$63.2M, 3 loans, 0.2% of group current balance
- BBCMS 2025-5C34$53.4M, 2 loans, 0.2% of group current balance
- BMARK 2025-V18$41.6M, 1 loans, 0.1% of group current balance
Modified loans
$148M4 deals, 4 modifications, 0.5% of group current balance.- BMO 2025-5C11$53.0M, 1 modifications, 0.2% of group current balance
- BBCMS 2025-C32$46.0M, 1 modifications, 0.1% of group current balance
- BMO 2025-5C9$28.8M, 1 modifications, Under 0.1% of group current balance
Updated valuation declines
$28.5M2 deals, 2 updated valuations, Under 0.1% of group current balance.- WFCM 2025-5C3$20.1M, 1 updated valuations, Under 0.1% of group current balance
- WFCM 2025-C64$8.4M, 1 updated valuations, Under 0.1% of group current balance
Deals in 2025 Vintage
Explore the complete list of CMBS deals issued in 2025. Use the filters below to search and sort deals by various criteria.| Deal Name | Deal Size | Issuance Date | Last Updated | Documents |
|---|---|---|---|---|
| BANK 2025-BNK51 | $1,007,618,900 | Dec 8, 2025 | Jun 29, 2026 | |
| BANK5 2025-5YR19 | $949,105,600 | Dec 4, 2025 | Jun 30, 2026 | |
| BMARK 2025-V19 | $588,699,194 | Dec 3, 2025 | Jul 1, 2026 | |
| BBCMS 2025-C39 | $806,820,000 | Dec 3, 2025 | Jun 30, 2026 | |
| WFCM 2025-5C7 | $23,900,000 | Dec 1, 2025 | Jun 29, 2026 | |
| BANK5 2025-5YR18 | $710,050,000 | Nov 13, 2025 | Jun 29, 2026 | |
| BBCMS 2025-5C38 | $834,190,000 | Nov 3, 2025 | Jun 30, 2026 | |
| MSBAM 2025-5C2 | $713,549,500 | Oct 21, 2025 | Jun 30, 2026 | |
| BMARK 2025-V18 | $1,316,438,800 | Oct 7, 2025 | Jun 29, 2026 | |
| WFCM 2025-C65 | $689,158,333 | Sep 30, 2025 | Jun 29, 2026 | |
| BANK5 2025-5YR17 | $1,030,526,000 | Sep 23, 2025 | Jun 29, 2026 | |
| BMO 2025-C13 | $814,235,130 | Sep 22, 2025 | Jul 1, 2026 | |
| WFCM 2025-5C6 | $622,730,700 | Sep 17, 2025 | Jun 29, 2026 | |
| BMO 2025-5C12 | $638,212,000 | Sep 15, 2025 | Jul 1, 2026 | |
| BMARK 2025-V17 | $628,998,000 | Sep 8, 2025 | Jun 30, 2026 | |
| BBCMS 2025-5C37 | $741,595,500 | Sep 2, 2025 | Jun 30, 2026 | |
| BMARK 2025-B41 | $631,118,375 | Aug 19, 2025 | Jun 29, 2026 | |
| BANK5 2025-5YR16 | $656,086,000 | Aug 13, 2025 | Jun 26, 2026 | |
| MSBAM 2025-C35 | $598,201,833 | Jul 22, 2025 | Jun 26, 2026 | |
| BMARK 2025-V16 | $624,690,000 | Jul 17, 2025 | Jul 1, 2026 | |
| BBCMS 2025-5C36 | $613,562,000 | Jul 15, 2025 | Jun 30, 2026 | |
| WFCM 2025-5C5 | $596,057,500 | Jul 8, 2025 | Jun 29, 2026 | |
| BBCMS 2025-C35 | $795,670,000 | Jul 7, 2025 | Jun 30, 2026 | |
| BANK5 2025-5YR15 | $556,355,500 | Jun 23, 2025 | Jun 30, 2026 | |
| BMO 2025-5C10 | $628,008,000 | Jun 16, 2025 | Jul 1, 2026 | |
| BMO 2025-5C11 | $698,133,000 | Jun 11, 2025 | Jul 1, 2026 | |
| BMARK 2025-V15 | $733,270,000 | May 23, 2025 | Jun 29, 2026 | |
| BANK 2025-BNK50 | $491,240,000 | May 22, 2025 | Jun 29, 2026 | |
| BMO 2025-C12 | $641,157,500 | May 15, 2025 | Jul 1, 2026 | |
| WFCM 2025-5C4 | $581,745,000 | May 12, 2025 | Jun 29, 2026 | |
| BBCMS 2025-5C34 | $783,163,333 | Apr 22, 2025 | Jun 30, 2026 | |
| BANK5 2025-5YR14 | $884,545,000 | Mar 26, 2025 | Jun 29, 2026 | |
| BANK 2025-BNK49 | $929,297,500 | Mar 17, 2025 | Jun 26, 2026 | |
| BMARK 2025-V14 | $939,261,000 | Mar 17, 2025 | Jun 30, 2026 | |
| BMO 2025-5C9 | $681,788,750 | Mar 13, 2025 | Jul 1, 2026 | |
| MSBAM 2025-5C1 | $934,666,200 | Mar 3, 2025 | Jun 30, 2026 | |
| BBCMS 2025-5C33 | $892,443,500 | Feb 25, 2025 | Jun 30, 2026 | |
| BANK5 2025-5YR13 | $737,110,300 | Feb 10, 2025 | Jun 29, 2026 |