Largest rvl movement
BMARK 2020-B17
$95.2M of detected numeric movement, led by Ending balance.Open deal
CMBS surveillance stats
CMBS Material Changes This Month
A CMBS monthly report for material changes, CMBS watchlist triage, troubled loan surveillance, and source-linked deal follow-up. rvl ranks what moved; DealCharts links the change back to the public deal page.Source: DealCharts rvl spine pilot feed, DealCharts CMBS deal projections, and SEC-derived monthly servicing disclosures. Current rvl feed generated 2026-03-02 and compares filing periods from 2025-12-29 to 2026-02-26.Compared pilot deals25
Deals with real change13
Detected absolute movement$129M
Changed numeric cells954
Latest compared period2026-02-26
Top rvl changes
CMBS deals ranked by detected numeric movement
13 rvl real-change rows from a 25 deal pilot feed| Deal | Detected movement | Share of balance | Changed cells | Largest contributor | Periods | Coverage |
|---|---|---|---|---|---|---|
| BMARK 2020-B17BMARK shelf / 2020 vintage / CIK 1802215 | $95.2M | 12.0% | 25 | Loan 7: Ending balance-$47.4M (49.8% of movement) | 2026-01-27 to 2026-02-26 | 100.0% |
| BBCMS 2019-C3BBCMS shelf / 2019 vintage / CIK 1772527 | $8.9M | 1.02% | 119 | Loan 3: Unscheduled principal-$6.2M (69.0% of movement) | 2025-12-29 to 2026-01-27 | 96.5% |
| CSAIL 2019-C16CSAIL shelf / 2019 vintage / CIK 1776086 | $8.0M | 1.08% | 89 | Loan 34: Unscheduled principal-$7.1M (89.7% of movement) | 2026-01-27 to 2026-02-26 | 99.3% |
| DBJPM 2017-C6DBJPM shelf / 2017 vintage / CIK 1706403 | $7.3M | 0.98% | 56 | Loan 4: Ending balance-$3.8M (52.5% of movement) | 2026-01-21 to 2026-02-20 | 100.0% |
| GSMS 2017-GS5GSMS shelf / 2017 vintage / CIK 1693737 | $1.8M | 0.21% | 47 | Loan 6: P&I advances-$346.7K (18.9% of movement) | 2026-01-21 to 2026-02-23 | 99.9% |
| BMARK 2021-B31BMARK shelf / 2021 vintage / CIK 1894714 | $1.6M | 0.11% | 85 | Loan 3: T&I advances-$368.0K (22.8% of movement) | 2025-12-30 to 2026-01-29 | 93.7% |
| BMARK 2019-B13BMARK shelf / 2019 vintage / CIK 1785881 | $1.5M | 0.17% | 67 | Loan 15: Unscheduled principal-$442.0K (28.7% of movement) | 2025-12-29 to 2026-01-27 | 94.6% |
| MSC 2017-H1MSC shelf / 2017 vintage / CIK 1705163 | $1.3M | 0.15% | 124 | Loan 13: P&I advances+$109.8K (8.26% of movement) | 2026-01-02 to 2026-01-30 | 77.4% |
| UBSCM 2018-C8UBS shelf / 2018 vintage / CIK 1727836 | $1.1M | 0.12% | 126 | Loan 2: P&I advances+$303.9K (28.5% of movement) | 2025-12-31 to 2026-01-28 | 77.8% |
| BMARK 2024-V6BMARK shelf / 2024 vintage / CIK 2012265 | $918.8K | 0.08% | 10 | Loan 4: P&I advances-$350.8K (38.2% of movement) | 2026-01-26 to 2026-02-26 | 100.0% |
| BANK 2019-BNK17BANK shelf / 2019 vintage / CIK 1769961 | $827.0K | 0.10% | 95 | Loan 4: P&I advances-$212.9K (25.7% of movement) | 2025-12-31 to 2026-01-30 | 85.1% |
| GSMS 2019-GC39GSMS shelf / 2019 vintage / CIK 1771501 | $442.2K | 0.07% | 54 | Loan 5: Ending balance-$85.8K (19.4% of movement) | 2026-01-21 to 2026-02-23 | 99.6% |
| BMO 2022-C2BMO shelf / 2022 vintage / CIK 1932997 | $318.2K | 0.05% | 57 | Loan 25: P&I advances+$60.9K (19.1% of movement) | 2025-12-30 to 2026-01-29 | 87.1% |
Change drivers
Which loan fields moved most
Aggregated from the top contributors in the rvl real-change rows.| Measured field | Absolute movement | Contributors | Deals | Largest row |
|---|---|---|---|---|
| Unscheduled principal | $65.1M | 6 | 5 | BMARK 2020-B17Loan 7: +$47.4M |
| Ending balance | $54.1M | 76 | 10 | BMARK 2020-B17Loan 7: -$47.4M |
| P&I advances | $3.6M | 21 | 9 | BMARK 2019-B13Loan 9: -$387.4K |
| T&I advances | $748.2K | 7 | 4 | BMARK 2021-B31Loan 3: -$368.0K |
| Scheduled interest | $36.1K | 5 | 1 | BMO 2022-C2Loan 2: +$9.4K |
Special-servicing context
Recent transfers to inspect next
Projection-backed context from current DealCharts CMBS metrics; this is separate from the rvl numeric-change ranking.| Deal | Latest transfer | Active special-servicing balance | Active loans | Delinquent loans | Source |
|---|---|---|---|---|---|
| UBSCM 2018-C15 | 2026-06-08Reported 2026-06-30 | $74.5M | 4 | 2 | SEC filingSEC Monthly Remittance Report 0001888524-26-009328, filed 2026-05-27 |
| GSMS 2021-GSA3 | 2026-06-05Reported 2026-06-29 | $75.3M | 2 | 1 | SEC filingSEC Monthly Remittance Report 0001888524-26-009306, filed 2026-05-27 |
| BBCMS 2024-5C29 | 2026-06-05Reported 2026-06-30 | $69.2M | 2 | 2 | SEC filingSEC Monthly Remittance Report 0001888524-26-009543, filed 2026-05-28 |
| BANK 2018-BNK13 | 2026-06-04Reported 2026-06-29 | $38.8M | 2 | 1 | SEC filingSEC Monthly Remittance Report 0001888524-26-009747, filed 2026-05-28 |
| WFCM 2025-C64 | 2026-06-01Reported 2026-06-29 | $39.7M | 2 | 3 | SEC filingSEC Monthly Remittance Report 0001888524-26-010113, filed 2026-05-28 |
| CGCMT 2018-C6 | 2026-05-22Reported 2026-06-25 | $67.1M | 4 | 1 | SEC filingSEC Monthly Remittance Report 0001628297-26-000394, filed 2026-05-22 |
| BANK 2020-BNK26 | 2026-05-21Reported 2026-06-30 | $103M | 2 | 1 | SEC filingSEC Monthly Remittance Report 0001888524-26-010290, filed 2026-05-29 |
| CD 2017-CD3 | 2026-05-18Reported 2026-06-22 | $206M | 5 | 2 | SEC filingSEC Monthly Remittance Report 0001888524-26-009092, filed 2026-05-22 |
Watchlist export
Watchlist transition export contract
watchlist-transition.v1 / schema ready no rowsDealCharts now exposes the public projection shape for newly watchlisted and removed-from-watchlist loan rows. Current row count is 0because the public bundle does not yet carry prior and current loan-level watchlist flags.
| Required field | Type | Why it matters |
|---|---|---|
| deal_key | string | Dealcharts canonical CMBS deal key. |
| deal_name | string | Short public deal name shown on Dealcharts. |
| loan_id | string | Stable loan identifier from the compared servicer-report rows. |
| transition | enum | One of newly_watchlisted or removed_from_watchlist. |
| prior_watchlist_status | boolean | Watchlist status in the earlier compared filing period. |
| current_watchlist_status | boolean | Watchlist status in the later compared filing period. |
| prior_asof | date | Earlier filing-period or source-row as-of date. |
| current_asof | date | Later filing-period or source-row as-of date. |
| source_document_url | url | SEC filing or source document supporting the current status. |
Coverage status
What the current rvl pilot could compare
Shape-incompatible rows are visible instead of being hidden.| Outcome | Deals | Example |
|---|---|---|
| Real change | 13 | UBSCM 2018-C8 |
| Shape incompatible | 11 | CGCMT 2019-C7 |
| No real change | 1 | BMARK 2020-IG1 |
Analyst queue
Where this monthly report points first
Largest field driver
Unscheduled principal
$65.1M of contributor movement across 5 deals in the current pilot feed.Open largest row
Next question
Need the full tape?
Ask Cairn for the full source-backed comparison behind a deal, field, or loan number. This page is the queue; the receipt lives in the source data.Ask Cairn
Methodology
How this CMBS surveillance page is built
- Start with the DealCharts 25-deal rvl spine pilot feed.
- Keep rows where shape comparison succeeded and rvl classified the pair as a real numeric change.
- Rank deals by absolute detected movement across compared loan tape fields.
- Expose the largest contributing loan field so an analyst can open the linked deal and inspect source context.
- Show shape-incompatible rows separately so coverage limits are visible.
Boundary
Watchlist movement is not overclaimed
The bead calls for newly watchlisted and removed-from-watchlist rows. The current public bundle does not expose a full loan-level watchlist transition panel, so this page publishes the watchlist transition export contract and keeps the row set empty instead of inferring watchlist movement from rvl numeric changes or special-servicing transfers.
FAQ