CMBS 2025 Vintage
Sourced from Edgar SEC.gov, data from 43 CMBS Conduit deals issued in 2025.2026-10-02
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 UpdatedOct 2, 2026
Cross-deal signals
2025 grouped deal signals
As of Oct 2, 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-ofOct 2, 2026
Special servicing
$417M14 deals, 18 loans, 1% of group current balance.- BMARK 2025-V18$82.1M, 3 loans, 0.3% of group current balance
- BMARK 2025-V17$50.5M, 1 loans, 0.2% of group current balance
- BBCMS 2025-5C34$46.0M, 1 loans, 0.1% of group current balance
Delinquency
$453M15 deals, 23 loans, 1% of group current balance.- MSBAM 2025-5C1$90.0M, 2 loans, 0.3% 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
Modified loans
$300M7 deals, 7 modifications, 0.9% of group current balance.- MSBAM 2025-5C1$60.0M, 1 modifications, 0.2% of group current balance
- BMO 2025-5C11$53.0M, 1 modifications, 0.2% of group current balance
- BBCMS 2025-5C34$46.0M, 1 modifications, 0.1% of group current balance
Updated valuation declines
$98.6M5 deals, 14 updated valuations, 0.3% of group current balance.- MSBAM 2025-5C1$30.3M, 1 updated valuations, Under 0.1% of group current balance
- BBCMS 2025-5C34$24.3M, 9 updated valuations, Under 0.1% of group current balance
- WFCM 2025-5C3$20.1M, 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 | $1,007,021,192 | Dec 8, 2025 | Sep 29, 2026 | |
| BANK5 2025-5YR19 | $949,031,333 | Dec 4, 2025 | Oct 1, 2026 | |
| BMARK 2025-V19 | $588,699,194 | Dec 3, 2025 | Sep 30, 2026 | |
| BBCMS 2025-C39 | $806,259,166 | Dec 3, 2025 | Sep 29, 2026 | |
| WFCM 2025-5C7 | $23,889,665 | Dec 1, 2025 | Sep 29, 2026 | |
| BANK5 2025-5YR18 | $709,632,740 | Nov 13, 2025 | Sep 29, 2026 | |
| BBCMS 2025-5C38 | $834,190,000 | Nov 3, 2025 | Sep 29, 2026 | |
| MSBAM 2025-5C2 | $713,549,500 | Oct 21, 2025 | Oct 2, 2026 | |
| BMARK 2025-V18 | $1,316,319,656 | Oct 7, 2025 | Sep 28, 2026 | |
| WFCM 2025-C65 | $688,694,191 | Sep 30, 2025 | Sep 29, 2026 | |
| BANK5 2025-5YR17 | $1,029,985,523 | Sep 23, 2025 | Sep 28, 2026 | |
| BMO 2025-C13 | $814,134,054 | Sep 22, 2025 | Oct 2, 2026 | |
| WFCM 2025-5C6 | $622,633,678 | Sep 17, 2025 | Sep 29, 2026 | |
| BMO 2025-5C12 | $638,179,443 | Sep 15, 2025 | Oct 2, 2026 | |
| BMARK 2025-V17 | $628,998,000 | Sep 8, 2025 | Oct 1, 2026 | |
| BBCMS 2025-5C37 | $741,476,912 | Sep 2, 2025 | Sep 29, 2026 | |
| BMARK 2025-B41 | $630,921,611 | Aug 19, 2025 | Sep 28, 2026 | |
| BANK5 2025-5YR16 | $655,888,133 | Aug 13, 2025 | Sep 29, 2026 | |
| MSBAM 2025-C35 | $597,530,491 | Jul 22, 2025 | Sep 29, 2026 | |
| BMARK 2025-V16 | $624,644,421 | Jul 17, 2025 | Sep 30, 2026 | |
| BBCMS 2025-5C36 | $613,402,776 | Jul 15, 2025 | Sep 29, 2026 | |
| WFCM 2025-5C5 | $595,887,654 | Jul 8, 2025 | Sep 29, 2026 | |
| BBCMS 2025-C35 | $795,131,271 | Jul 7, 2025 | Sep 29, 2026 | |
| BANK5 2025-5YR15 | $556,221,585 | Jun 23, 2025 | Oct 1, 2026 | |
| BMO 2025-5C10 | $627,960,739 | Jun 16, 2025 | Oct 2, 2026 | |
| BMO 2025-5C11 | $698,106,979 | Jun 11, 2025 | Oct 2, 2026 | |
| BMARK 2025-V15 | $733,156,875 | May 23, 2025 | Sep 28, 2026 | |
| BANK 2025-BNK50 | $490,611,570 | May 22, 2025 | Sep 28, 2026 | |
| BMO 2025-C12 | $640,654,918 | May 15, 2025 | Oct 2, 2026 | |
| WFCM 2025-5C4 | $581,452,999 | May 12, 2025 | Sep 29, 2026 | |
| BBCMS 2025-5C34 | $783,103,005 | Apr 22, 2025 | Sep 29, 2026 | |
| BANK5 2025-5YR14 | $884,266,389 | Mar 26, 2025 | Sep 29, 2026 | |
| BANK 2025-BNK49 | $928,826,753 | Mar 17, 2025 | Sep 29, 2026 | |
| BMARK 2025-V14 | $939,182,469 | Mar 17, 2025 | Oct 1, 2026 | |
| BMO 2025-5C9 | $681,729,469 | Mar 13, 2025 | Oct 2, 2026 | |
| MSBAM 2025-5C1 | $934,595,132 | Mar 3, 2025 | Oct 2, 2026 | |
| BBCMS 2025-5C33 | $892,243,454 | Feb 25, 2025 | Sep 29, 2026 | |
| BANK5 2025-5YR13 | $737,037,044 | Feb 10, 2025 | Sep 28, 2026 | |
| BMO 2025-C11 | $906,493,963 | Feb 10, 2025 | Oct 2, 2026 | |
| BMARK 2025-V13 | $767,380,000 | Feb 4, 2025 | Sep 30, 2026 | |
| WFCM 2025-C64 | $818,046,999 | Feb 3, 2025 | Sep 29, 2026 | |
| BBCMS 2025-C32 | $999,513,996 | Jan 28, 2025 | Sep 29, 2026 | |
| WFCM 2025-5C3 | $833,245,266 | Jan 6, 2025 | Sep 29, 2026 |
43 of 43 deals* Use toggle buttons to sort